| FOR THE YEA | R | ENDED 31 | DECE | MBER 2022 | MBER 2022 | ||||
|---|---|---|---|---|---|---|---|---|---|
| Unrestricted | Funds | Restricted | TOTAL | 2021 | |||||
| (Note | |||||||||
| General | Designated | Funds | 2022 | 18) | |||||
| Note | E | f | |||||||
| INCOMING RESOURCES |
|||||||||
| Incoming resources from |
generated | ||||||||
| funds: | |||||||||
| Voluntary income |
2 | 164,799 | 64 832 | 2297631 | 220,155 | ||||
| Activities for generating | funds | 3 | 27,977 | 27,977 | 26,526 | ||||
| Investment income |
1 553 | 1553 | 70 | ||||||
| 194,329 | 64,832 | 259,161 | 246,751 | ||||||
| Incoming resources from |
church activities | 5 | 11020 | 11020 | 10472 | ||||
| Total incoming resources |
205 349 | 64 832 | 270 181 | 257 223 | |||||
| RESOURCES EXPENDED | |||||||||
| Cost of church activities | |||||||||
| Missionary Giving |
6 | 17,222 | 17,222 | 14,828 | |||||
| Parish Share | 6 | 100,862 | 100,862 | 98,189 | |||||
| Fabric and Running | Costs | 40,301 | 40,301 | 32,627 | |||||
| Mission 81 Education |
6 | 6,121 | 6,121 | 4,384 | |||||
| Staff Costs | 27,002 | 27,002 | 21,425 | ||||||
| Other costs | 13680 | 101 | 5 595 | 19376 | 6 995 | ||||
| Total resources expended | 205 188 | 101 | 5 595 | 210884 | 178448 | ||||
| Net income/(expenditure) | for year | 161 | (101) | 59,237 | 59,297 | 78,775 | |||
| Transfers between funds |
|||||||||
| Net movement in funds |
161 | (101) | 59,237 | 59,297 | 78,775 | ||||
| RECONCILIATION OF |
FUNDS | ||||||||
| Total funds at 13an 2022 | 40,605 | 164,748 | 227,772 | 433,125 | 354,350 | ||||
| Total funds at 31Dec | 2022 | 40 766 | 164 647 | 287 009 | 492422 | 433 125 |
| 2022 | 2021 | ||
|---|---|---|---|
| Note | f | ||
| FIXEDASSETS | |||
| Tangible assets | 63,888 | 63,888 | |
| CURRENT ASSETS | |||
| Debtors | 10 | 21,089 | 9,302 |
| Bank and cash balances | 430417 | 376 677 | |
| 451,506 | 385,979 | ||
| CURRENT LIABILITIES Creditors payable within one year |
~22 972 | ~l6 762 | |
| NET CURRENT ASSETS | 428,534 | 369,237 | |
| TOTAL NET ASSETS | 492 422 | 633 226 | |
| THE FUNDS OF THE CHARITY | |||
| Unrestricted income funds: |
|||
| General | 12 | 40,766 | 40,605 |
| Designated | 13 | 164647 | 164748 |
| Total | 205,413 | 205,353 | |
| Restricted income funds: |
15 | 297009 | 227 772 |
| 492422 | 633 l26 |
| Oebtors and | creditors | creditors | recei vable/payable within one |
recei vable/payable within one |
recei vable/payable within one |
recei vable/payable within one |
year | year | ||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtors and | creditors | with no stated interest rate and | receivable | or payable | within | one year are | ||||||||
| recorded at transaction | price. Any | losses arising | from | impairment | are recognised | in | expenditure. | |||||||
| Unrestricted | Funds | Restricted | TOTAL | TOTAL | ||||||||||
| General | Designated | f | Fundsf | 2022 | 2021 | |||||||||
| 2 | VOLUNTARY INCOME | |||||||||||||
| Planned Giving: |
||||||||||||||
| Gift Aid donations | 118,172 | 118,172 | 101,841 | |||||||||||
| Tax recoverable | 28,344 | 28,344 | 24,750 | |||||||||||
| Non gift aid donations | 17,458 | 17,458 | 6,544 | |||||||||||
| Collections (open plate) Donations, appeals etc, |
825 | 825 | 2,729 2,810 |
|||||||||||
| Legacies | 4,787 | |||||||||||||
| Parish Centre fundraising | 52,407 | 52,407 | 61,893 | |||||||||||
| Tax recoverable on Parish Centre |
funds | 12 | 425 | 12425 | 14801 | |||||||||
| 164799 | 64 | 832 | 229 631 | 220 155 | ||||||||||
| ACTIVITIES FOR GENERATING | FUNDS | |||||||||||||
| Church Hall lettings (non-church |
activities) | 11,863 | 11,863 | 7,441 | ||||||||||
| Fundraising Events |
1,444 | |||||||||||||
| Linwood Road property |
rental | income | 16,114 | 16,114 | 17,345 | |||||||||
| Other Income and funds | generated | 296 | ||||||||||||
| 27 977 | 27 977 | 26 526 | ||||||||||||
| 4 | INVESTMENT INCOME | |||||||||||||
| Bank interest | 1553 | 1533 | 70 | |||||||||||
| 1553 | 1553 | 70 | ||||||||||||
| INCOME FROM CHURCH | ||||||||||||||
| 5 | ACTIVITIES | |||||||||||||
| Flower Guild income | 337 | |||||||||||||
| Income from Social events | 65 | |||||||||||||
| Parish Magazine advertising |
3,390 | 3,390 | 2,990 | |||||||||||
| Fees for Weddings S.Funerals |
7 630 | 7 630 | 7080 | |||||||||||
| 11020 | 11020 | 10472 |
| NOTES TO T | HE | FINANCI | AL STAT |
EMENTS FO | R THE YEAR E | NDED 31DE | CEMBER | |||
|---|---|---|---|---|---|---|---|---|---|---|
| Unrestricted | ||||||||||
| Funds | Restricted | TOTAL | TOTAL | |||||||
| Generalf | Designatedf | Fundsf | 2022 | 2021 | ||||||
| 6 | COSTS OF CHURCH ACTIVITIES | |||||||||
| Missionary and Charitable |
giving (also | see note 8) | ||||||||
| Relief and development | agencies | 17222 | 17222 | 44 828 | ||||||
| 17222 | 17222 | 14828 | ||||||||
| Parish share | 100862 | 100862 | 98 189 | |||||||
| Fabric and running costs: |
||||||||||
| Church running costs |
9,950 | 9,950 | 5,418 | |||||||
| Church maintenance |
8,472 | 8,472 | 6,790 | |||||||
| Organ/piano tuning |
5 | maint. | 1,019 | 1,019 | 555 | |||||
| Grounds upkeep |
529 | 529 | ||||||||
| Hall running costs |
4,114 | 4,114 | 3,695 | |||||||
| Hall maintenance | 6,262 | 6,262 | 3,872 | |||||||
| Vicarage running costs |
2,639 | 2,639 | 1,242 | |||||||
| Linwood Road property |
upkeep | 416 | 416 | 5,401 | ||||||
| Upkeep of services | 3,870 | 3,870 | 1,252 | |||||||
| Parish Office Admin | Costs | 3 030 | 3030 | 4 402 | ||||||
| 40 301 | 40301 | 32 827 | ||||||||
| Mission S.Education | ||||||||||
| Parish magazine | 5,168 | 5,168 | 3,552 | |||||||
| Pastoral and MAP |
309 | |||||||||
| Education | 953 | 953 | 523 | |||||||
| 6 121 | 6 121 | 4384 | ||||||||
| Staff Costs | ||||||||||
| Working expenses of incumbent |
2,191 | 2,191 | 225 | |||||||
| Assistant staff expenses |
77 | |||||||||
| Wages and salaries | Note 7 | 24 811 | 24 611 | 21 123 | ||||||
| 27 002 | 27 002 | 21 425 | ||||||||
| Other costs | ||||||||||
| Flower Guild expenditure | 101 | 101 | 362 | |||||||
| Promotional and communications |
144 | 144 | 49 | |||||||
| Sundry expenses | 3,095 | 3,095 | 2,534 | |||||||
| Wedding 5.funeral |
fees | to Diocese | 3,984 | 3,984 | 2,544 | |||||
| Wedding 5funeral | fees | —other | 3,037 | 3,037 | ||||||
| Costs of fund-raising | 808 | 808 | 228 | |||||||
| Bank charges | 355 | 355 | 158 | |||||||
| Social events | 661 | 661 | ||||||||
| Independent examiners |
fee: | |||||||||
| Independent examination |
912 | 912 | ||||||||
| Accountancy | 684 | 684 | ||||||||
| New parish centre costs | 5,595 | 5,595 | ||||||||
| Vacancy costs | 1060 | |||||||||
| 13680 | 101 | 5 595 | 19376 | 6 995 | ||||||
| 2022 (continued) |
| 7 | STAFF COSTS | 2022 | 2021 | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| f | E | |||||||||||||
| Wages and salaries | 221521 | 18,650 | ||||||||||||
| Social security costs | 2 290 | 2 473 | ||||||||||||
| 24 811 | 21 123 | |||||||||||||
| The average number of staff employed |
was 2.5 | (2021:3) | ||||||||||||
| There are no employees | who | received | employee | benefits | of more than f60,000 (2021:none) | |||||||||
| 8 | MISSIONARY AND CHARITABLE GIVING | 2022 | 2021 | |||||||||||
| The missionary and charitable |
giving | is | made | up | ofthe following | donations | f | |||||||
| Relief and development | agencies | |||||||||||||
| Toilet Twinning | 614 | |||||||||||||
| Christian Aid |
628 | |||||||||||||
| Accrual for 2022 Charitable | Giving | 16,397 | ||||||||||||
| A Rocha UK |
4,528 | |||||||||||||
| DEC Ukraine Appeal |
4,529 | |||||||||||||
| The Harpenden | Trust | 4,529 | ||||||||||||
| Other | 825 | |||||||||||||
| 17 222 | 14828 | |||||||||||||
| 9 | TANGIBLE FIXEDASSETS | Llnwood | Church | TOTAL | ||||||||||
| Road | Hall | |||||||||||||
| property | 2022 | 2021 | ||||||||||||
| Actual/ deemed cost: |
f | f | E | |||||||||||
| Brought forward at 1 |
january | 63 888 | 48 299 | 112187 | 112 187 | |||||||||
| Carried forward 31 December | 63 888 | 48 299 | 112187 | 712 187 | ||||||||||
| Depreciation: | ||||||||||||||
| Brought forward at 1 |
January | (48,299) | (48,299) | (48,299) | ||||||||||
| Charge for year | ||||||||||||||
| Carried forward 31 December | ~48 299 | ~48 299 | ~48799 | |||||||||||
| Carrying value at 31 December |
63 888 | 63 888 | 63 888 | |||||||||||
| The Curate's House at |
2 | Linwood | Road | was independently | valued | on 2 March | 2010 at f380,000 | |||||||
| 10 | DEBTORS | 2022 | 2021 | |||||||||||
| f | E | |||||||||||||
| Gift Aid Tax recoverable | 211089 | 7,874 | ||||||||||||
| Prepayments and accrued |
income | 1 428 | ||||||||||||
| 21089 | 9 362 |
| 02 | 2 (continued) | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| 2022 | 2021 | ||||||||
| 11 | CREDITORS | E | |||||||
| Outside giving |
16,397 | 14,213 | |||||||
| Accruals and deferred | income | 6,575 | 1,789 | ||||||
| Other creditors | 740 | ||||||||
| 22 972 | 16 742 | ||||||||
| 12 | GENERAL FUNDS | 2022f | 2021 E |
||||||
| Brought forward | at 1 | January | 40,605 | 42,572 | |||||
| Transfer from Designated | funds | 700 | |||||||
| Other movements funds |
in general | 161 | 2 667 | ||||||
| Carried forward |
at 31 December | 40 766 | 40 605 | ||||||
| 13 | DESIGNATED | FUNDS | 2022 | 2021 | |||||
| The PCC operates | seven Designated | Funds: | E | ||||||
| Parish Centre | 6,988 | 6,988 | |||||||
| Organ - Reserve to | fund future organ repairs | 21,045 | 21,045 | ||||||
| Legacies —Legacies |
received | and | spent | 48,777 | 48,777 | ||||
| Flower Guild | 197 | 298 | |||||||
| Fabric reserve | 23,752 | 23,752 | |||||||
| Linwood Road |
property | 63888 | 63 888 | ||||||
| 164647 | 164748 |
| Parish | Flower | |||||
|---|---|---|---|---|---|---|
| Centref | Organf | Legacies | Guildf | |||
| Brought | forward at | 1Jan 2022 | 6,988 | 21,045 | 48,777 | 298 |
| Income | ||||||
| Expenditure | (101) | |||||
| Transfer | to General | fund | ||||
| Carried | forward at | 31 Dec 2022 | 6988 | 21045 | 48 777 | 197 |
| Linwood | ||||||
| Road | TOTAL | |||||
| Fabric f |
propertyf | 2022f | ||||
| Brought | forward at | 1Jan 2022 | 23,752 | 63,888 | 164,748 | |
| Income | ||||||
| Expenditure | (101) | |||||
| Transfer | to General | fund | ||||
| Carried | forward at | 31 Dec 2022 | 23 752 | 63 888 | 164647 |
| Parish | Flower | |||
|---|---|---|---|---|
| Centre f. |
Organ | Legaciesf | Guildf | |
| Brought forward at 1jan 2021 | 6,988 | 21,045 | 43,981 | 323 |
| Income Expenditure |
4,796 | 337 ~362 |
||
| Carried forward at 31 Dec 2021 | 6988 | 21045 | 48 777 | 298 |
| Linwood | ||||
| St3ohns | Rd | TOTAL | ||
| Players f. |
Fabric f |
propertyf | 2021f | |
| Brought forward at 1jan 2021 Income Expenditure |
700 ~700 |
23,752 | 63,888 | 160,677 5,133 ~700 |
| Carried forward at 31 Dec 2021 | 23 752 | 63 888 | 164748 |
| ANALY | SIS OF NET ASSETS | ||||
|---|---|---|---|---|---|
| Unrestricted | Designated | Restricted | TOTAL | ||
| funds | funds | funds | 2022 | ||
| f. | f. | ||||
| Fixed assets | 63,888 | 63,888 | |||
| Current Current |
assets liabilities |
63,738 22 972 |
100,759 | 287,009 | 451,506 ~22 972 |
| Total | 40 766 | 164647 | 287 009 | 492 422 | |
| Unrestricted | Designated | Restricted | TOTAL | ||
| fundsf | funds f |
funds f. |
2021 | ||
| Fixed assets | 63,888 | 63,888 | |||
| Current Current |
assets liabilities |
57,347 16742 |
100,860 | 227,772 | 385,979 ~16742 |
| Total | 40 605 | 164748 | 227 772 | 433 125 |
| 2022 | 2021 | ||||||
|---|---|---|---|---|---|---|---|
| f. | |||||||
| Parish Centre | 282,361 | 223,124 | |||||
| Choir Fund | 3,671 | 3,671 | |||||
| Education Fund |
977 | 977 | |||||
| 287 009 | 227 772 | ||||||
| The movements | on the Restricted | Funds during | 2022 were as follows: | ||||
| Parish | Education | Choir | TOTAL | ||||
| centre f. |
Fund | Fundf | 2022 | ||||
| Brought forward | at 1january | 2022 | 223,124 | 977 | 3,671 | 227,772 | |
| Voluntary Income Expenditure |
64,832 ~5595 |
64,832 ~5595 |
|||||
| Carried forward | at 31 December | 2022 | 282 361 | 977 | 3671 | 287 009 |
| Parish | Education | Choir | TOTAL | |
|---|---|---|---|---|
| centref | Fund f. |
Fund | 2021 | |
| Brought forward at 1january 2021 | 146,430 | 1,000 | 3,671 | 151,101 |
| Voluntary Income Expenditure |
76,694 | ~23 | 76,694 ~23 |
|
| Carried forward at 31 December 2021 | 223 124 | 977 | 3671 | 227 772 |
| Unrestricted | Unrestricted | Funds | Restricted | TOTAL | |||||
|---|---|---|---|---|---|---|---|---|---|
| General | Designated | Funds | 2021 | ||||||
| INCOMING RESOURCES |
|||||||||
| Incoming resources from |
generated | ||||||||
| funds: | |||||||||
| Voluntary income |
2 | 138,674 | 4,787 | 76,694 | 220,155 | ||||
| Activities for generating |
funds | 3 | 26,526 | 26,526 | |||||
| Investment income |
61 | 9 | 70 | ||||||
| 165,261 | 4,796 | 76,694 | 246,751 | ||||||
| Incoming resources from |
church | activities | 5 | 10 135 | 337 | 10472 | |||
| Total incoming resources |
175396 | 5 133 | 76 694 | 257 223 | |||||
| RESOURCES EXPENDED | |||||||||
| Cost of church activities |
|||||||||
| Missionary Giving |
6 | 14,828 | 14,828 | ||||||
| Parish Share | s | 98 189 | 98,189 | ||||||
| Fabric and Running |
Costs | 32,627 | 32,627 | ||||||
| Mission S.Education | 4,361 | 23 | 4,384 | ||||||
| Staff Costs | 21,425 | 21,425 | |||||||
| Other costs | 6 633 | 362 | 6995 | ||||||
| Total resources expended | 178 063 | 362 | 23 | 174448 | |||||
| Transfers between funds |
12 | 700 | (700) | ||||||
| Net income/(expenditure) | for year | (1,967) | 4,071 | 76,671 | 78,775 | ||||
| RECONCILIATION OF |
FUNDS | ||||||||
| Total funds at 13an 2021 | 42,572 | 160,677 | 151,101 | 354,350 | |||||
| Total funds at 31Dec | 2021 | 40 605 | 164748 | 227 772 | 433 125 |