## **St Alban Church, Northampton** ## **End of Year Financial Statements** ## **Year ending 31/12/2022** – Audited 10/02/23 Paul Adams PDFB ’ Treasurer s report 20/02/23 - Mark Seymour Another financially sound and robust year for St Albans, funded and fully supported by the very loyal, kind and big-hearted congregation of St Albans. This support has allowed the church to continue to play a vital part of the community post COVID restrictions and during difficult cost of living increases. We all have and will continue to experience some harsh cost pressures, particularly with utilities and food costs. We have sufficient funds to allow us to meet our operating costs and the Parish share for 2023 (£66k). However, looking forward as we must to 2024, it will be a very tight year to meet our Parish Share. Our cash flow reduces during 2023 as the previous generous legacies are used to support our activities. These legacies do allow us to provide for and continue to contribute to the St Albans Community. The continuing challenges for our stewardship and diligence: Ensuring we get the best value services for our limited funds; Challenging what we have previously done, why and how and then seeing if there is a better way/method and cost. Maximising the opportunity for parishioners to be able to contribute with their time, fundraising activities and contributions. _Page 1_ Thank you to all the members of the PCC for their commitment and diligence. _Page 2_ ## **Receipts and Payments Account** ## **Total funds Prior year funds** **Deposit - Deposit account (Designated)** |**Deposit - Deposit account (Designated)**||| |---|---|---| |||| |**Income and endowments**||| |Investments||| |1020 - Bank and building society interest|10.50|0.42| |_Total Investments_|_10.50_|_0.42_| |Excess of Income and endowments over Expenditure|10.50|0.42| |Brought forward balance|798.39|797.97| |**Carried forward balance**|**808.89**|**798.39**| |**Ekins - Ekins Trust (Restricted)**||| |**Ekins - Ekins Trust (Restricted)**||| |---|---|---| |**Income and endowments**||| |Donations and legacies||| |0550 - Donations|0.00|1,000.00| |0801 - Grants|1,000.00|0.00| |_Total Donations and legacies_|_1,000.00_|_1,000.00_| |**Expenditure**||| |Expenditure on charitable activities||| |2340 - Upkeep of services|278.28|202.46| |_Total Expenditure on charitable activities_|_278.28_|_202.46_| |Excess of Income and endowments over Expenditure|721.72|797.54| |Brought forward balance|2,090.54|1,293.00| |**Carried forward balance**|**2,812.26**|**2,090.54**| |**Restricted - Restricted Fund (Restricted)**||| |Brought forward balance||142.30|142.30| |---|---|---|---| ||**Carried forward balance**|**142.30**|**142.30**| _Page 3_ ## **General - General fund (Unrestricted)** |**Income and endowments**|| |---|---| |Donations and legacies|| |0101 - Planned Giving - Bank|38,963.41
35,712.40| |0110 - Gift Aid - Envelopes|3,083.90
8,227.05| |0301 - Loose plate collections|1,679.20
1,564.98| |0550 - Donations|5,417.48
5,399.00| |0601 - Tax recoverable on Gift Aid|24,472.43
21,270.99| |0701 - Legacies|47.43
0.00| |0801 - Grants|2,755.00
1,101.16| |_Total Donations and legacies_|_76,418.85_
_73,275.58_| ||| |Income from charitable activities|| |1101 - Fees for weddings and funerals|3,930.00
645.00| |1230 - Church hall lettings|13,429.37
7,079.75| |_Total Income from charitable activities_|_17,359.37_
_7,724.75_| ||| |Other trading activities|| |0910 - Fundraising|10,181.58
9,471.59| |1240 - Telecom Mast|6,887.75
6,887.75| |_Total Other trading activities_|_17,069.33_
_16,359.34_| ||| |Investments|| |1020 - Bank and building society interest|1.40
2.85| |_Total Investments_|_1.40_
_2.85_| ||| |Other income|| |1310 - Insurance claims|1,186.00
0.00| |_Total Other income_|_1,186.00_
_0.00_| ||| |**Expenditure**|| |Raising funds|| |1730 - Costs of fundraising|1,850.00
1,323.67| |_Total Raising funds_|_1,850.00_
_1,323.67_| ||| |Expenditure on charitable activities|| |1850 - Home mission|335.00
593.65| |1910 - Parish share|65,707.00
67,000.00| |2001 - Other staf costs (PAYE etc)|584.30
198.20| |
2101 - Working expenses of incumbent|1,047.34
0.00| |2150 - Vicar's telephone|515.69
437.98| |2201 - Parish training and mission|0.00
60.00| |2301 - Church running - insurance|5,160.24
4,979.76| |2310 - Church ofce - telephone|0.00
213.08| |
2320 - Organ / piano tuning|0.00
259.20| |2325 - Organist Honorarium|1,602.60
1,594.40| |2330 - Church maintenance|6,694.99
5,391.78| |2331 - Cleaning|1,901.50
1,328.28| |2340 - Upkeep of services|2,395.38
3,899.59| |2360 - Administration|3,400.71
175.00| |2401 - Church running - electric|2,799.71
1,809.49| |2410 - Church running - gas|5,709.91
4,558.59| |2420 - Church running - water|1,397.52
67.94| |2540 - Hall running - gas|458.15
806.88| |2560 - Hall running - maintenance|1,926.60
736.10| |_Total Expenditure on charitable activities_|_101,636.64_
_94,109.92_| ||| |Excess of Income and endowments over Expenditure|8,548.31
1,928.93| |Brought forward balance|34,787.45
32,858.52| |**Carried forward balance**|**43,335.76**
**34,787.45**| ||| _Page 4_ ## **Statement of assets and liabilities** ||**Thisyear**
**Lastyear**| |---|---| |**Cash at bank and in hand**|| |**Bank current account**|| |Ekins Trust (Restricted) -|2,812.26
2,090.54| |Restricted Fund (Restricted) -|142.30
142.30| |General fund (Unrestricted) -|43,335.76
33,078.52| |Agency collection (Restricted) -|(2,367.70)
7,245.12| ||**43,922.62**
**42,556.48**| ||| |**Nationwide account**|| |General fund (Unrestricted) -|0.00
1,708.93| ||**0.00**
**1,708.93**| ||| |**CCLA (CBF) deposit account 628230001D**|| |Deposit account (Designated) -|808.89
798.39| ||**808.89**
**798.39**| ||| |**Total for Cash at bank and in hand**|**44,731.51**
**45,063.80**| ||| |**Agency accounts**|| |**Agency collections**|| |Agency collection (Restricted) -|(892.30)
(10,505.12)| ||| |**Total for Agency accounts**|**(892.30)**
**(10,505.12)**| ||| |**Grand total**|**43,839.21**
**34,558.68**| ||| _Page 5_