2022-12-31-accounts - The Parochial Church Council Of The Ecclesiastical Parish Of Solihull

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11 AnnualReovt2022 (contsiFuedJ Trustees and Management Committee y&v uitl date ths rqxrt was appovaj W. The Rar. S. CFkinder The Rev. S Marthall Paiith Churdmardens Mr5 P Prl Mr A Wllliarrs Mr P &¥Jfrw Mr K Wilson Mr5 M HOL Mr5 S Deanery Synod RepreS•atiVeS 20ZO-2023 MJ5 D Moll Mrs R Un#ead Mr 14 Owens 8 Mopwt K WILg)n Church Centre J Ladbru)ke Mr C Carrirwn Mr N Evan5 A. (X)r Mr M (h*ns Mrs D MOTh MF5 V tkts)n Mr Rcrth Mr C Carr#tyn P•tr Psmith Elected Lay Re (max 5) Mr J Sotnl The Rev H. GnhaM Mrs R Marshall Mr5 B MoppEt Mrs L Naughton R Ohyens Mr Psmth

The Parochial Church Council	The Parochial Church Council	ofthe Ecclesiastical P	arish ofSolihull		Year	ended 31stD	ecember 2022
Statement ofFinancial Activities		(SOFA)
			Unrestricted	Restricted	Endowment	TOTAL	FLINDS
		Note	Funds	Funds f	Funds f	2022 f	2021
Income and endowments	from:
Donations and Legacies		2(a)	417,848	80		417,928	467,689
Charitable Activities		2(b)	201,373			201,373	164,199
Other Trading Activities		2(c)	85,198			85,198	55,471
Investments		2(ci)	85,458	4,056		89,514	78,957
Other		2(e)	143,160			143,160
Total income and endowments			933037	4,136		937173	766 316
Expenditure on:
Raising funds		3(a)	95,722			95,722	59,944
Charitable activities:		3(b)	868,584	127		868,711	704,622
Total expenditure			9M 3D6	127		9M 433	764,566
Net (Expenditure) / income			(31,269)	4,009		(27,260)	1,750
Net (losses)/gains on revaluation		of investments	(267,495)	(17,416)	(8,938)	(293,849)	294,228
Net (losses)/gains on disposal	ofinvestments		(320)			(320)	2,076
Net movement in funds			(299,084)	(13,407)	(8,938)	(321,429)	298,054
Reconciliation offunds:
Total funds brought forward as 1January 2022			3,672,907	314,107	85,059	4,072,073	3,774,019
Total lbode cer led forward at 31December 2022			E3373823	f3DD 700	E76 121	E3750M4	E4072073

Statement of Financial Activities (SOFA)	Statement of Financial Activities (SOFA)
[Comparative figures for 2021]
			Unrestricted	Restricted		Endowment	TOTAL FUNDS
		Note	Funds	Funds f		Funds f	2021 f
Income and endowments	from:
Donations and Legacies		2(a)	467,399		290		467,689
Charitable Activities		2(b)	164,199				164,199
Other Trading Activities		2(c)	55,471				55,471
Investments		2(d)	75,165	3,792			78,957
Total income and endowments			762 234	4	082		766316
Expenditure on:
Raising funds		3(a)	59,944				59,944
Charitable activities:		3(b)	704,259		363		704,622
Total expenditure			764,203		363		764,566
Net income			(1,969)	3,719			1,750
Net gains on revaluation of investments			265,959	18,682		9,587	294,228
Net gains on disposal of investments			2 076				2076
Net movement in funds			266,066	22,401		9,587	298,054
Reconciliation offunds".
Total i'unds brought forward as 1January		2021	3,406,841	291,706		75,472	3,774,019
Total lbode cerned forward at31December 2021			f3672907	f314	107	f85 059	f4 072 D73

Balance Sheet	Balance Sheet
					Note	2022 f	2021f
Fixed	assets
	Tangible fixed assets Investment assets				10 11	543,695 26D7 396	918,695 ~2351565
Current assets						3151091	3,270 26D
	Stocks Debtors Short-term	deposits			12	1,990 228,874 259,637	2,201 322,349 206,097
Cash at bank and Liabilities: amounts			in hand falling due within one year			261643 5,279I	394D17 ,464
Creditors Net assets					13
Total	assets				14	E3 750 644	E4072073
Funds
	Endowment Restricted	funds funds			15(a) 15(b)	76,121 300,700	85,059 314,107
	Unrestricted	and	designated	funds	15(c)	3,373,823	3,672,907
						E3750644	E4072 073

The Parochial Church Council ofthe	The Parochial Church Council ofthe	Ecclesiastical Parish ofSolihull	Ecclesiastical Parish ofSolihull	Ecclesiastical Parish ofSolihull		Year ended 31stDecember 2022	Year ended 31stDecember 2022
Statement ofcash flows
					Note	2022f	2021
Cash flows from operating	activities
Net cash (usedin) operating	activities				17	136508	370 168
Cash flows from investing	activities
Investment income (Purchase) / Sale ofinvestments Sale ofTangible Fixed Assets						89,514 (550,000) 516 160	78,957 75,000
						57674	153957
Changein cash and cash equivalentsin		the reponing period				(78,834)	(216,211)
Lash and cash equivalents at	the beginning		otthe reporting	penoo		tiuu7114	ult773lS
Cash and cash equivalents at	the end ofthe reporting period				18	521260	600 111
The Notes on pages 11to 17	form part ofthis account

Notes	tothe iinancial statements	tothe iinancial statements	(continued)	(continued)	(continued)
Statement ofFinancial Activities (SOFA) (continued)
							Activities directly			Grant funding				Support		TOTAL
								undertaken f		of		activities		Costs		2022
(4)	Analysis ofexpenditure		including			allocation ofsupport costs				(2022)
	Raising funds								95,722							95,722
	Charitable activities
	Resourcing Ministry								823,157					22,724		845,881
	Resourcing Mission											22,830				22,830
									918879			22	830	22 724		964433
							Activities directly			Grant funding				Support		TOTAL
								undertaken f		of		activities		Costsf		2021
	Analysis ofexpenditure		including			allocation ofsupport costs				(2021)
	Raising funds								59,944							59,944
	Charitable activities
	Resourang Mtntstry								658,293					26,849		685,142
	Resourcing Mission											19,480				19,480
									718237			19480		26849		7&~f5 6
								Unrestricted			Restricted			Endowment		TOTAL FUNDS
									Fundsf			Funds f.		Funds		2022	2021
(5)	Analysis ofsupport costs
	Resourcing Ministry								5,328							5,328	3,692
	Administration costs								11,989				127			12,116	17,877
	Audit fee								5,280							5,280	5,280
									22 597				127			22724	26849
(6)	Auditors remuneration
	The auditors remuneration		amounts		to	an audit fee off5,280 (2021:				f5,280),			which	is included	in administration costs.
(7)	Trustees, key management			personnel and related					parties
	Although there are a number			ofdifferent funds, there				is	no one body	or	committee,			other than the PCC		itsself, which
	has significant control or	influence,			financial or otherwise,				over the running			of	the charity. There		are, therefore, no
	key personnel, other than		the	trustees		as a body.
	Aggregate contributions	to the charity's				funds from	all	trustees amounted				to f46,268 (2021:f46,268)
(8)	Staffcosts
	Wages and salaries															279,501	313,648
	Social security costs															16,991	20,781
	Pension costs															~6452	7558
																1302944	5341987

Notes	to the financial statements	(continued)
Balance Sheet
(15)	Movement in Funds	Opening balance		Incoming	Gains and Losses	Fund transfers		Outgoing		Closing balance
			E
(a)	Endowment funds
	StAlphege: PW Harrison Bequest Total endowment funds		85 059 85059		~8938 ~[8938					76 121 76121
	Two Percy Harrison capital They were merged into	endowment a single fund	funds arose in 1998.	from his 1967legacies for non-routine			maintenance		ofthe	churchyard.