||||Page|
|---|---|---|---|
|Trustees'|annual
report|||
|Independent
examiner's
report to the trustees||||
|Statement|offinancial|activities||
|Statement|offinancial|position|10|
|Notes to the financial||statements|11|
||||Page|
|---|---|---|---|
|Trustees'|annual
report|||
|Independent
examiner's
report to the trustees||||
|Statement|offinancial|activities||
|Statement|offinancial|position|10|
|Notes to the financial||statements|11|
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##
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##
##
##
##
##
##
||||2022|2022||2021|
|---|---|---|---|---|---|---|
|||Unrestricted|Restricted|Endowment|||
||Note|funds
f|funds
f|funds
f|Total funds
f|Total funds
f.|
|Income and endowments|||||||
|Donations
and legacies
Charitable
activities|4
5|51,174
13,587|||51,174
13,587|49,798
6,642|
|Other trading
activities
Investment
income|6
7|35,601
5,726|1,092||35,601
6,818|10,078
2,096|
|Total income||106,088|1,092||107,180|68,614|
|Expenditure|||||||
|Expenditure
on raising funds;|||||||
|Costs ofother|||||||
|trading
activities|8|||||136|
|Expenditure
on
charitable
activities|9,10|107,040|820||107,860|84,236|
|Total expenditure||107,040|820||107,860|84,372|
|Net (losses)/gains
on
investments||||(8,793)|(8,793)|9,349|
|Net expenditure
and net|||||||
|movement
in funds||(952)|272|(8,793)|(9,473)|(6,409)|
|Reconciliation
offunds|||||||
|Total funds brought forward||297,789|64,231|154,603|516,623|523,032|
|Total funds carried forward||296,837|64,503|145,810|507,150|516,623|
|||||2022|2021|
|---|---|---|---|---|---|
||||Note|6||
|Fixed assets||||||
|Tangible fixed assets
Fixed asset investments|||15
16|37,795
65,905|40,378
74,698|
|||||103,700|115,076|
|Current assets||||||
|Debtors|||17|19,527|16,083|
|Short term deposits
Cash at bank and
in|hand||18|359,959
28,178|367,964
45,035|
|||||407,664|429,082|
|Creditors: amounts|falling|due within one year|19|(4,214)|(27,535)|
|Net current assets||||403,450|401,547|
|Total assets less current liabilities||||507,150|516,623|
|Net assets||||507,150|516,623|
|Funds ofthe charity||||||
|Endowment
funds:||||||
|Permanent
endowment||funds||138,424|147,217|
|Expendable
endowment
Restricted funds||funds||7,386
64,503|7,386
64,231|
|Unrestricted
funds||||296,837|297,789|
|Total charity funds|||21|507,150|516,623|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|Donations
and legacies|||||
|---|---|---|---|---|
||Unrestricted|Total Funds|Unrestricted|Total Funds|
||Funds|2022|Funds|2021|
||6|||6|
|Donations|||||
|Collections at all services|8,854|8,854|4,521|4,521|
|Planned
giving|23,685|23,685|22,337|22,337|
|Taxes recoverable|4,000|4,000|11,183|11,183|
|Sundry donations|8,987|8,987|10,590|10,590|
|Legacies|||||
|Legacies|5,648|5,648|||
|Grants|||||
|Grants receivable|||1,167|1,167|
||51,174|51,174|49,798|49,798|
|5.|Charitable|activities|||||||||
|---|---|---|---|---|---|---|---|---|---|---|
||||||Unrestricted|Total|Funds|Unrestricted|Total|Funds|
||||||Funds||2022|Funds||2021|
||Fees||||12,919||12,919|6,509||6,509|
||Magazine|donations|and|advertising|668||668|133||133|
||||||13,587||13,587|6,642||6,642|
##
|||||Unrestricted|Total Funds|Unrestricted|Total Funds|
|---|---|---|---|---|---|---|---|
|||||Funds
6|2022|Funds
f|2021
6|
|Shop income||||263|263|30|30|
|Church|hall and|meeting|room lettings|25,457|25,457|3,760|3,760|
|Catering|and refreshments||income|895|895|||
|Fetes, bazaars||and other|fund raising|8,669|8,669|6,214|6,214|
|Sundry|income|||317|317|74|74|
|||||35,601|35,601|10,078|10,078|
|||Unrestricted|Restricted|Total Funds|
|---|---|---|---|---|
|||Funds|Funds|2022|
||||8|8|
|Dividend|income|1,960||1,960|
|Bank interest receivable||3,766|1,092|4,858|
|||5,726|1,092|6,818|
|||Unrestdcted|Restricted|Total Funds|
|||Funds|Funds|2021|
|||F|5|F|
|Dividend|income|1,896||1,896|
|Bank interest receivable||148|52|200|
|||2,044|52|2,096|
##
|Unrestricted|Total|Funds|Unrestricted|Total|Funds|
|---|---|---|---|---|---|
|Funds
f||2022
8|Funds
5||2021|
||||136||136|
##
|Expenditure
on charitable
activities by fund|type||||
|---|---|---|---|---|
|||Unrestricted|Restricted|Total Funds|
|||Funds|Funds|2022|
|||F|E|E|
|Catering
supplies||404||404|
|Wages and salaries
Organist's
expenses
Ministry —parish offer||18,755
1,363
36,000||18,755
1,363
36,000|
|Ministry —clergy expenses
Insurance
Church
running
expenses
Church repairs and maintenance
Church
hall running
costs
Diocese fees
Contribution
to St Michaels Church Workington|Ltd|1,880
7,188
5,169
9,762
4,588
4,970||1,880
7,188
5,169
9,762
4,588
4,970|
|Sundry expenses
Depreciation
oftangible fixed assets
Missionary
and charitable
giving
Accountancy
charges
Legal and professional
fees
Bank interest
Telephone
and internet charges
Printing
and stationery||5,469
2,871'~
434 v'
2,210 7
1,002 7
1
1,618i'
3,356 v'|820|5,469
3,691
434
2,210
1,002
1
1,618
3,356|
|||107,040|820|107,860|
|||Unrestricted|Restricted|Total Funds|
|||Funds|Funds|2021|
|||E|E|E|
|Catering
supplies|||||
|Wages and salaries
Organist's
expenses||4,689
590||4,689
590|
|Ministry —parish offer||36,000||36,000|
|Ministry —clergy expenses||261||261|
|Insurance
Church
running
expenses
Church
repairs and maintenance
Church
hall running
costs
Diocese fees
Contribution
to St Michaels Church Workington|Ltd|1,943
2,642
8,683
2,703
7,000|5,825|1,943
2,642
5,825
8,683
2,703
7,000|
|Sundry expenses
Depreciation
oftangible fixed assets
Missionary
and charitable
giving||4,063
2,596
566|820|4,063
3,416
566|
|Accountancy
charges
Legal and professional
fees||2,075||2,075|
|Bank interest|||||
|Telephone
and internet charges||1,359||1,359|
|Printing
and stationery||2,421||2,421|
|||Unrestricted|Restricted|Total Funds|
|---|---|---|---|---|
|||Funds|Funds|2022|
||||8|8|
|Dividend|income|1,960||1,960|
|Bank interest receivable||3,766|1,092|4,858|
|||5,726|1,092|6,818|
|||Unrestdcted|Restricted|Total Funds|
|||Funds|Funds|2021|
|||F|5|F|
|Dividend|income|1,896||1,896|
|Bank interest receivable||148|52|200|
|||2,044|52|2,096|
##
|Unrestricted|Total|Funds|Unrestricted|Total|Funds|
|---|---|---|---|---|---|
|Funds
f||2022
8|Funds
5||2021|
||||136||136|
##
|Expend|iture
on charitable
activitie|s
by activity type|||
|---|---|---|---|---|
|||Activities|||
|||undertaken|Total funds|Total fund|
|||directly|2022|2021|
|||F||6|
|Church|activities|107,860|107,860|84,236|
##
|11.|Net (losses)/g|ai|ns
on in|vestme|nts|||||
|---|---|---|---|---|---|---|---|---|---|
|||||||Endowment|Total Funds|Endowment|Total Funds|
|||||||Funds|2022|Funds|2021|
|||||||F|||8|
||Gains/(losses)||on listed investments|||(8,793)|(8,793)|9,349|9,349|
|12.|Net expenditure|||||||||
||Net expenditure||is stated|after charging/(crediting):||||||
|||||||||2022|2021|
||||||||||F|
||Depreciation|of|tangible fixed assets|||||3,691|3,418|
|13.|Independent|examination||fees||||||
|||||||||2022|2021|
|||||||||6|F|
||Fees payable|to the independent|||examiner for:|||||
||Independent|examination||of the|financial|statements||2,210|2,075|
##
##
|Tangible fixed assets||||
|---|---|---|---|
||Freehold|Fixtures and||
||property|fittings|Total|
||F|||
|Cost||||
|At 1 January 2022|75,000|23,306|98,306|
|Additions||1,107|1,107|
|At 31December 2022|75,000|24,413|99,413|
|Depreciation||||
|At 1 January 2022|37,500|20,428|57,928|
|Charge for the year|1,500|2,190|3,690|
|At 31December 2022|39,000|22,618|61,618|
|Carrying
amount||||
|At 31December 2022|36,000|1,795|37,795|
|At 31 December 2021|37,500|2,878|40,378|
##
|Valuation|
|---|
|At 1 January 2022|
|Additions|
|Fair value movements|
|At 31December 2022|
|Carrying
amount|
|At 31December 2022|
|At 31 December 2021|
##
##
|Debtors|||||||
|---|---|---|---|---|---|---|
||||||2022|2021|
|||||||f|
|Trade debtors|||||1,864|506|
|Prepayments||and accrued income|||480|394|
|Other debtors|||||17,183|15,183|
||||||19,527|16,083|
|Short term|deposits||||||
||||||2022|2021|
|||||||f|
|Short-term|deposits||brought|forward|367,964|410,869|
|Short-term|deposits||additions||12,463|2,095|
|Short-term|deposits||disposals||(20,468)|(45,000)|
||||||359,959|367,964|
##
##
|Creditors: amounts
f|alling due within one year|||
|---|---|---|---|
|||2022|2021|
||||f|
|Trade creditors||207|22,899|
|Accruals and deferred|income|3,252|4,423|
|Social security and other taxes||471||
|Other creditors||284|213|
|||4,214|27,535|
##
##
##
##
|||At 1|||||At 31|
|---|---|---|---|---|---|---|---|
|||January||||Gains and|December|
|||2022|Income|Expenditure|Transfers|losses|2022|
|||E|5||5||5|
|General funds||268,632|106,088|(107,040)|||267,680|
|A Hogarth|fund|1,000|||||1,000|
|G EJones|fund|28,157|||||28,157|
|||297,789|106,088|(107,040)|—|—|296,837|
|||At 1|||||At 31|
|||January||||Gains and|December|
|||2021
8|Income|Expenditure|Transfers
5|losses|2021
f|
|General funds||277,797|68,562|(77,727)|||268,632|
|A Hogarth|fund|1,000|||||1,000|
|G EJones|fund|28,157|||||28,157|
|||306,954|68,562|(77,727)|||297,789|
##
##
|||At 1|||||At 31|
|---|---|---|---|---|---|---|---|
|||January||||Gains and|December|
|||2022|Income|Expenditure|Transfers|losses|2022|
|||F|6||F|E||
|Miscellaneous||||||||
|Restricted|Funds|34,867|1,092|(820)|||35,139|
|Fabric fund||29,364|||||29,364|
|||64,231|1,092|(820)|||64,503|
|||At 1|||||At 31|
|||January||||Gains and|December|
|||2021|Income|Expenditure|Transfers|losses|2021|
|||E|F|6|F|E|6|
|Miscellaneous||||||||
|Restricted|Funds|34,815|52||||34,867|
|Restoration|fund|27,670|||(27,670)|||
|Fabric fund||8,339||(6,645)|27,670||29,364|
|||70,824|52|(6,645)|||64,231|
##
|Endowment
funds|||||||
|---|---|---|---|---|---|---|
||At 1|||||At 31|
||January||||Gams and|December|
||2022
8|Income
F|Expenditure
P|Transfers|losses|2022
f|
|Elsie Shaw|||||||
|Bequest|90,079||||(8,793)|81,286|
|MA & N Hogarth|57,138|||||57,138|
|Miss VSBowes|447|||||447|
|Revd. TW|||||||
|Jackson|6,939|||||6,939|
||154,603||||(8,793)|145,810|
||At 1|||||At 31|
||January||||Gains and|December|
||2021|Income|Expenditure|Transfers|losses|2021|
||8|E|5||8|E|
|Elsie Shaw|||||||
|Bequest|80,730||||9,349|90,079|
|MA & N Hogarth|57,138|||||57,138|
|Miss VSBowes|447|||||447|
|Revd. TW|||||||
|Jackson|6,939|||||6,939|
||145,254||||9,349|154,603|
##
##