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|Contents|||Page|
|---|---|---|---|
|Independent|Auditor's|Report||
|Statement|of Financial|Activities||
|Balance Sheet||||
|Statement|of Cash Flows|||
|Notes to the Financial||Statements||
##
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||||Note|General|Designated|Restricted|TOTAL|FUNDS|
|---|---|---|---|---|---|---|---|---|
|||||Funds|Funds|Funds|2022|2021|
|||||6|||||
|INCOME FROM:|||||||||
|Donations
and legacies
Activities for generating
funds|||2(a)
2(b)|273,132
85,560|129,374|1,308
56,735|274,440
271,669|363,509
253,410|
|Investments|||2(c)|12,425|1,100|604|14,129|11,274|
|Church activities|||2(d)|1,396|||1,396|3,296|
|||Total||372,513|130,474|58,647|561,634|631,489|
|EXPENDITURE ON:|||||||||
|Raising funds
Church activities|||3(a)
3(b)|12,888
392,081|96,442|62,699
1,308|75,587
489,831|74,035
524,915|
|||Total||404,969|96,442|64,007|565,418|598,950|
|Net income (expenditure)||||(32,456)|34,032|(5,360)|(3,784)|32,539|
|Transfers
between funds||||24,500|11,854)|11,854|24,500|25,700|
|Net income before investment||gains||(7,956)|22,178|6,494|20,716|58,239|
|Gains/losses
on investment|funds||7(a)||(2,015)|(5,410)|(7,425)||
|Gains/(losses)
on revaluation
of
for the charitys
own use
Net gains/(losses)
on investment||fixed assets
properties|6(b)
6(b)|(60,000)
3,750|||(60,000)
3,750|35,000
17,500|
|Net movement
in funds||||(64,206)|20,163|1,084|(42,959)|110,739|
|Reconciliation offunds|||||||||
|Total funds brought forward||||3,108,198|157,603|383,757|3,649,558|3,538,819|
|Total funds carried forward||||3,043,992|177,766|384,841|3,606,599|3,649,558|
##
|||General|Designated||TOTAL|FUNDS|
|---|---|---|---|---|---|---|
|||Funds
E|Funds
E|Funds
f|2022
f|2021
f|
|FIXEDASSEIS
Tangible assms
Residential
property for church use
Invesbnent
properiies
Toad ared assets|8(a)
6(b)
6(b)|1,200,477
1,225,000
461250
2,888,727|||1200477
1,225,000
461250
2886727|1241309
1,285,000
4575(N
983,809|
|CURRENT ASSETS|||||||
|Investment
funds
Debtors
Cash at bank and in hand
Total cunent assets|7(a)
7(b)|18,366
152272
170638|92,985
11,185
73,996
178 166|249,590
135251
384.841|342575
29,551
361519
733645|27,878
849991
677,867|
|LIASILmES|||||||
|Creditors. amounts
falling due within one
year|8|13,373|400||13,773|12,118|
|||157265|177766|384841|719872|749|
|TOTAL NET ASSETS||3,043,992|177,766|384,841|3,606,599|3,S49,558|
|PARISH FUNDS
Unresbided
funds|9|3,043,992|||3,043,992|3,10819S|
|Designated
funds
Resbicted funds|9
9||177,766|384,841|177,766
384,841|157,S03
383,757|
|Torsi funds||3,043992|177,766|384841|3606.599|649558|
##
|||2022|8|2021|f|
|---|---|---|---|---|---|
|Net cash from/(used
in) operating
activities*||39,974|||71,275|
|Cash flows from investing
activities||||||
|Purchase oftangible fixed assets||||||
|Interest and rent from investments||14,129|11,274|||
|Net cash provided
by/(used
in) investing
activities||14,129|||11,274|
|Change
in cash and cash equivalents|in the|54,103|||82,549|
|reporting
period
Cash and cash equivalents
at 1January
Cash and cash equivalents
at 31December||649,991
~I%093|||567,442|
|Reconciliation
ofnet income/(expenditure)||||||
|before investment
gains
Net income before investment
gains|31 December|20,716|||58,239|
|Adjustments
for:||||||
|Depreciation
charges||40,832|||40,832|
|Interest and rent from investments||(14,129)|||(11,274)|
|Decrease/(increase)
in debtors
(Decrease)/increase
in creditors||(1,675)
1,655|||(9,529)
(6,993)|
|Gains/(losses)
on investment
funds||(7,425)||||
|*Net cash from/(used
in) operating
activities||39,974|||71,275|
|Analysis ofcash and cash equivalents
Bank current accounts||159,051|||171,417|
|Short term deposits||202,468|||478,574|
|Investment
funds||342,575||||
|||704,094|||649,991|
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|For
2.|the year ending 31
INCOME FROM;|Decem|ber 2022||||||
|---|---|---|---|---|---|---|---|---|
|||||General|Designated|Restricted|TOTAL|FUNDS|
|||||Funds
6|Funds
6|Funds
6|2022|2021
f|
|2(a)|Donations
and legacies||||||||
||Grants||||||||
||LPOW (VAT refund on|building|works)|853|||853|1,222|
||Battersea Synod grant|||230|||230||
||Diocese energy grant
Job Retention Scheme|||1,400|||1,400|3,196|
||||sub-total|2,483|||2,483|4,418|
||Voluntary
giving
Stewardship
&envelopes
Loose cash|||191,475
11,569|||191,475
11,569|188,812
7,569|
||Tax refund|||42,547|||42,547|42,676|
||Donations,
appeals etc.
Legacies||sub-total|25,058
270,649||1,308
1,308|26,366
271,957|26,392
95,642
359.091|
||||Total|273,132||1,308|274,440|363,509|
|2(b)|Activities for generating
Christmas
market|funds||14,345|||14,345|17,896|
||Church
& hall lettings|||37,579|129,374||166,953|142957|
||Antenna
rent &cost of|electricity||29,686|||29,686|26,487|
||Church
musical 5 social activities|||3,950||56,735|60,685|66070|
||||Total|85,560|129,374|56,735|271,669|253,410|
|2(c)|Investments||||||||
||Property
lettings|||10,064|||10,064|10,964|
||Interest|||2,361|1,100|604|4,065|310|
||||Total|12,425|1,100|604|14,129|11.274|
|2(d)|Church activities
Parochial fees received|||1,396|||1,396|3296|
||||Total|1,396|||1,396|3296|
||Total|||372513|130474|58&647|561634|631489|
##
|For
3.|
the year ending 31 December 2022
EXPENDITURE ON:|||||||
|---|---|---|---|---|---|---|---|
|||General|Designated||Restricted|TOTAL|FUNDS|
|||Funds
f|Funds
f||Funds
f|2022
f|2021
f|
|3(a)|Raising funds
Publicity and printing
Christmas
market|3,290
3,569||||3,290
3,569|4,315
9,159|
||Church
musical 8 social activities|6,029|||62 699|68728|60561|
||Total|12,888|||62,699|75,587|74,035|
|3(b)|Church activities|||||||
||Missionary
&charitable
giving
Mission and outreach|18,800||||18,800|18,800|
||Special collections||||1,308|1,308|2909|
||sub-total|18.800|||1,308|20 108|21,709|
||Ministry
Diocesan parish support fund|163,000||||163,000|188,000|
||Clergy costs
Other staff costs|39,942
2,440||||39,942
2,440|40,429
13,446|
||Parochial fees paid to diocese|218||||218|1,181|
||Nightshelter
costs
Other expenses
incl petty cash
sub-total|1,008
3,525
210,133||||1,008
3,525
210,133|1,260
3384
247 700|
||Church expenses
Repairs &maintenance
Insurance|9,363
7,690||||9,363
7,690|15,380
T,450|
||Utilities
incl antenna
electricity|20,643||||20,643|20,123|
||Cost ofservices
incl music|16,131||||16,131|15,18T|
||Sound system
installation||||||2,192|
||Sound system depreciation|12,500||||12,500|12500|
||sub-total|66327||||66,327|72,832|
||Community
Hall expenses
Hall improvements
&major works||||||1,352|
||Insurance||1,799|||1,799|1,694|
||Running
expenses
incl utilities||66,326|||66,326|50,005|
||External
railings
renewal||||||5,714|
||Depreciation|28,332||||28,332|28332|
||sub-total|28332|68|125||96,457|87,097|
||Property expenses
Repairs & maintenance
Utilities &council tax|8,944
2,476||||8,944
2,476|11,437
2,396|
||Insurance|2,420||||2,420|1,575|
||Depreciation
on 30 Canford Road|24,500||||24,500|25700|
||sub-total|38,340||||38,340|41 108|
||Administration|||||||
||Salaries &wages (office)
Telephone,
postage, website etc.
Professional fees|16,748
3,305
9,251|26,672
1,561|||43,420
4,866
9,251|41,105
4,275
8,239|
||Bank charges
sub-total|845
30,149|84
28,317|||929
58,466|850
54,469|
||Total|392,081|96,442||1,308|489,831|524,915|
||Total|404.969|96,442||64,007|565,418|598,950|
##
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|6.|FIXEDASSE|FIXEDASSE|TS|||||||
|---|---|---|---|---|---|---|---|---|---|
|6(a)|TANGIBLE|||All Unrestricted||Freehold|land 8|Equipment|Total|
|||||||buildings||||
|||||||f||6||
||Actual/Deemed||Cost|Balance brought forward||275,000|||275,000|
|||||Land around
Community|Hall|||||
|||||Balance brought forward||1,416,620||7,906|1,424,526|
|||||Community
Hall||||||
|||||Balance brought forward||||50,000|50,000|
|||||Sound system||||||
|||||Balance carried forward||1,691,620||57,906|1,749,526|
||Depreciation|||Balance brought
forward
Depreciation
charge for year||2%
475,312
28,332||32,905|508,217
28,332|
|||||on Community
Hall||||||
|||||Depreciation
charge for year||25%||12,500|12,500|
|||||on sound system||||||
|||||Balance carried forward||503,644||45,405|549,049|
|||||Net book value||||||
|||||At 1 January 2022||1,216,308||25,001|1,241,309|
|||||At 31 December 2022||1,187,976||12,501|1,200,477|
|6(b)|RESIDENTIAL||PROPERTIES
All Unrestricted|||||2022|2021f|
||Residential|property for church use||||||||
||30Canford|Road - house for associate priest||||||||
||Revalued|amount||Balance brought forward||||1,285,000|1,250,000|
|||||Revaluation||||60,000|35,000|
|||||Balance carried forward||||1,225,000|1,285,000|
||Depreciation|||Balance brought forward
Depreciation
charge for year||2%||24,500|25,700|
|||||on 30 Canford Road for full year||||||
|||||Elimination
on revaluation||||24,500|25,700|
|||||Balance carried forward||||||
|||||Net book value||||||
|||||At 1 January 2022
At 31 December 2022||||1,285,000
1,225,000|1,250,000
1,285,000|
||Investment
properties
5a Wroughton
Road - tenanted
flat|||||Total||461,250
461,250|457,500
457,500|
||Reconciliation||to brought forward:
Balance brought forward
Net gain/(loss)
from fair value|||adjustments||457,500
3,750|440,000
17,500|
|||||Additions
/ disposals||||461,250|457500|
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|Contents|||Page|
|---|---|---|---|
|Independent|Auditor's|Report||
|Statement|of Financial|Activities||
|Balance Sheet||||
|Statement|of Cash Flows|||
|Notes to the Financial||Statements||
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##
||||Note|General|Designated|Restricted|TOTAL|FUNDS|
|---|---|---|---|---|---|---|---|---|
|||||Funds|Funds|Funds|2022|2021|
|||||6|||||
|INCOME FROM:|||||||||
|Donations
and legacies
Activities for generating
funds|||2(a)
2(b)|273,132
85,560|129,374|1,308
56,735|274,440
271,669|363,509
253,410|
|Investments|||2(c)|12,425|1,100|604|14,129|11,274|
|Church activities|||2(d)|1,396|||1,396|3,296|
|||Total||372,513|130,474|58,647|561,634|631,489|
|EXPENDITURE ON:|||||||||
|Raising funds
Church activities|||3(a)
3(b)|12,888
392,081|96,442|62,699
1,308|75,587
489,831|74,035
524,915|
|||Total||404,969|96,442|64,007|565,418|598,950|
|Net income (expenditure)||||(32,456)|34,032|(5,360)|(3,784)|32,539|
|Transfers
between funds||||24,500|11,854)|11,854|24,500|25,700|
|Net income before investment||gains||(7,956)|22,178|6,494|20,716|58,239|
|Gains/losses
on investment|funds||7(a)||(2,015)|(5,410)|(7,425)||
|Gains/(losses)
on revaluation
of
for the charitys
own use
Net gains/(losses)
on investment||fixed assets
properties|6(b)
6(b)|(60,000)
3,750|||(60,000)
3,750|35,000
17,500|
|Net movement
in funds||||(64,206)|20,163|1,084|(42,959)|110,739|
|Reconciliation offunds|||||||||
|Total funds brought forward||||3,108,198|157,603|383,757|3,649,558|3,538,819|
|Total funds carried forward||||3,043,992|177,766|384,841|3,606,599|3,649,558|
##
|||General|Designated||TOTAL|FUNDS|
|---|---|---|---|---|---|---|
|||Funds
E|Funds
E|Funds
f|2022
f|2021
f|
|FIXEDASSEIS
Tangible assms
Residential
property for church use
Invesbnent
properiies
Toad ared assets|8(a)
6(b)
6(b)|1,200,477
1,225,000
461250
2,888,727|||1200477
1,225,000
461250
2886727|1241309
1,285,000
4575(N
983,809|
|CURRENT ASSETS|||||||
|Investment
funds
Debtors
Cash at bank and in hand
Total cunent assets|7(a)
7(b)|18,366
152272
170638|92,985
11,185
73,996
178 166|249,590
135251
384.841|342575
29,551
361519
733645|27,878
849991
677,867|
|LIASILmES|||||||
|Creditors. amounts
falling due within one
year|8|13,373|400||13,773|12,118|
|||157265|177766|384841|719872|749|
|TOTAL NET ASSETS||3,043,992|177,766|384,841|3,606,599|3,S49,558|
|PARISH FUNDS
Unresbided
funds|9|3,043,992|||3,043,992|3,10819S|
|Designated
funds
Resbicted funds|9
9||177,766|384,841|177,766
384,841|157,S03
383,757|
|Torsi funds||3,043992|177,766|384841|3606.599|649558|
##
|||2022|8|2021|f|
|---|---|---|---|---|---|
|Net cash from/(used
in) operating
activities*||39,974|||71,275|
|Cash flows from investing
activities||||||
|Purchase oftangible fixed assets||||||
|Interest and rent from investments||14,129|11,274|||
|Net cash provided
by/(used
in) investing
activities||14,129|||11,274|
|Change
in cash and cash equivalents|in the|54,103|||82,549|
|reporting
period
Cash and cash equivalents
at 1January
Cash and cash equivalents
at 31December||649,991
~I%093|||567,442|
|Reconciliation
ofnet income/(expenditure)||||||
|before investment
gains
Net income before investment
gains|31 December|20,716|||58,239|
|Adjustments
for:||||||
|Depreciation
charges||40,832|||40,832|
|Interest and rent from investments||(14,129)|||(11,274)|
|Decrease/(increase)
in debtors
(Decrease)/increase
in creditors||(1,675)
1,655|||(9,529)
(6,993)|
|Gains/(losses)
on investment
funds||(7,425)||||
|*Net cash from/(used
in) operating
activities||39,974|||71,275|
|Analysis ofcash and cash equivalents
Bank current accounts||159,051|||171,417|
|Short term deposits||202,468|||478,574|
|Investment
funds||342,575||||
|||704,094|||649,991|
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|For
2.|the year ending 31
INCOME FROM;|Decem|ber 2022||||||
|---|---|---|---|---|---|---|---|---|
|||||General|Designated|Restricted|TOTAL|FUNDS|
|||||Funds
6|Funds
6|Funds
6|2022|2021
f|
|2(a)|Donations
and legacies||||||||
||Grants||||||||
||LPOW (VAT refund on|building|works)|853|||853|1,222|
||Battersea Synod grant|||230|||230||
||Diocese energy grant
Job Retention Scheme|||1,400|||1,400|3,196|
||||sub-total|2,483|||2,483|4,418|
||Voluntary
giving
Stewardship
&envelopes
Loose cash|||191,475
11,569|||191,475
11,569|188,812
7,569|
||Tax refund|||42,547|||42,547|42,676|
||Donations,
appeals etc.
Legacies||sub-total|25,058
270,649||1,308
1,308|26,366
271,957|26,392
95,642
359.091|
||||Total|273,132||1,308|274,440|363,509|
|2(b)|Activities for generating
Christmas
market|funds||14,345|||14,345|17,896|
||Church
& hall lettings|||37,579|129,374||166,953|142957|
||Antenna
rent &cost of|electricity||29,686|||29,686|26,487|
||Church
musical 5 social activities|||3,950||56,735|60,685|66070|
||||Total|85,560|129,374|56,735|271,669|253,410|
|2(c)|Investments||||||||
||Property
lettings|||10,064|||10,064|10,964|
||Interest|||2,361|1,100|604|4,065|310|
||||Total|12,425|1,100|604|14,129|11.274|
|2(d)|Church activities
Parochial fees received|||1,396|||1,396|3296|
||||Total|1,396|||1,396|3296|
||Total|||372513|130474|58&647|561634|631489|
##
|For
3.|
the year ending 31 December 2022
EXPENDITURE ON:|||||||
|---|---|---|---|---|---|---|---|
|||General|Designated||Restricted|TOTAL|FUNDS|
|||Funds
f|Funds
f||Funds
f|2022
f|2021
f|
|3(a)|Raising funds
Publicity and printing
Christmas
market|3,290
3,569||||3,290
3,569|4,315
9,159|
||Church
musical 8 social activities|6,029|||62 699|68728|60561|
||Total|12,888|||62,699|75,587|74,035|
|3(b)|Church activities|||||||
||Missionary
&charitable
giving
Mission and outreach|18,800||||18,800|18,800|
||Special collections||||1,308|1,308|2909|
||sub-total|18.800|||1,308|20 108|21,709|
||Ministry
Diocesan parish support fund|163,000||||163,000|188,000|
||Clergy costs
Other staff costs|39,942
2,440||||39,942
2,440|40,429
13,446|
||Parochial fees paid to diocese|218||||218|1,181|
||Nightshelter
costs
Other expenses
incl petty cash
sub-total|1,008
3,525
210,133||||1,008
3,525
210,133|1,260
3384
247 700|
||Church expenses
Repairs &maintenance
Insurance|9,363
7,690||||9,363
7,690|15,380
T,450|
||Utilities
incl antenna
electricity|20,643||||20,643|20,123|
||Cost ofservices
incl music|16,131||||16,131|15,18T|
||Sound system
installation||||||2,192|
||Sound system depreciation|12,500||||12,500|12500|
||sub-total|66327||||66,327|72,832|
||Community
Hall expenses
Hall improvements
&major works||||||1,352|
||Insurance||1,799|||1,799|1,694|
||Running
expenses
incl utilities||66,326|||66,326|50,005|
||External
railings
renewal||||||5,714|
||Depreciation|28,332||||28,332|28332|
||sub-total|28332|68|125||96,457|87,097|
||Property expenses
Repairs & maintenance
Utilities &council tax|8,944
2,476||||8,944
2,476|11,437
2,396|
||Insurance|2,420||||2,420|1,575|
||Depreciation
on 30 Canford Road|24,500||||24,500|25700|
||sub-total|38,340||||38,340|41 108|
||Administration|||||||
||Salaries &wages (office)
Telephone,
postage, website etc.
Professional fees|16,748
3,305
9,251|26,672
1,561|||43,420
4,866
9,251|41,105
4,275
8,239|
||Bank charges
sub-total|845
30,149|84
28,317|||929
58,466|850
54,469|
||Total|392,081|96,442||1,308|489,831|524,915|
||Total|404.969|96,442||64,007|565,418|598,950|
##
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|6.|FIXEDASSE|FIXEDASSE|TS|||||||
|---|---|---|---|---|---|---|---|---|---|
|6(a)|TANGIBLE|||All Unrestricted||Freehold|land 8|Equipment|Total|
|||||||buildings||||
|||||||f||6||
||Actual/Deemed||Cost|Balance brought forward||275,000|||275,000|
|||||Land around
Community|Hall|||||
|||||Balance brought forward||1,416,620||7,906|1,424,526|
|||||Community
Hall||||||
|||||Balance brought forward||||50,000|50,000|
|||||Sound system||||||
|||||Balance carried forward||1,691,620||57,906|1,749,526|
||Depreciation|||Balance brought
forward
Depreciation
charge for year||2%
475,312
28,332||32,905|508,217
28,332|
|||||on Community
Hall||||||
|||||Depreciation
charge for year||25%||12,500|12,500|
|||||on sound system||||||
|||||Balance carried forward||503,644||45,405|549,049|
|||||Net book value||||||
|||||At 1 January 2022||1,216,308||25,001|1,241,309|
|||||At 31 December 2022||1,187,976||12,501|1,200,477|
|6(b)|RESIDENTIAL||PROPERTIES
All Unrestricted|||||2022|2021f|
||Residential|property for church use||||||||
||30Canford|Road - house for associate priest||||||||
||Revalued|amount||Balance brought forward||||1,285,000|1,250,000|
|||||Revaluation||||60,000|35,000|
|||||Balance carried forward||||1,225,000|1,285,000|
||Depreciation|||Balance brought forward
Depreciation
charge for year||2%||24,500|25,700|
|||||on 30 Canford Road for full year||||||
|||||Elimination
on revaluation||||24,500|25,700|
|||||Balance carried forward||||||
|||||Net book value||||||
|||||At 1 January 2022
At 31 December 2022||||1,285,000
1,225,000|1,250,000
1,285,000|
||Investment
properties
5a Wroughton
Road - tenanted
flat|||||Total||461,250
461,250|457,500
457,500|
||Reconciliation||to brought forward:
Balance brought forward
Net gain/(loss)
from fair value|||adjustments||457,500
3,750|440,000
17,500|
|||||Additions
/ disposals||||461,250|457500|
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