REGISTERED CHARtrY NUMBER.. 1131888 REPORT OF THE TRUSTEES Atr4D 4IIIAUIXTEO FIPIANCiAL STATEMENTS FOR THE YEAR ENDED 310ECEMBER 2023 FOR Th• PARIXHIAL CNURCH COUNCIL of lh• ECCLESIASTICAL PARk8H of ALL SAINTS, BENHILTON Sutton. Surrgy, SM13DA Pago 1 4 tr) 5 8 kn 12 13 ALL SAIMTS, BENHILTOM REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2023 Treasurer's R•port The tTUStee5 who ore èLso members of the PCC prasgnl thek rewNt wilh th8 flrotKlal State￿nts ol the chanty for the year ended 31 Dectrmber 2023. Tr accounts have been prepar8d in wyx)rdance the aLXL)unting poli(a¢s set out in note 1 of tha awunts and compty Iwih charitys gov•mir¥J dowrrwl and"Ac(x)untiry and RepL¥t"ryJ by thariti8s.' s￿t￿ent ol Recommended Pr￿￿Ce app[￿b￿ to charibps preparing th•ir A¢￿￿nts in acoJrdarbC8 kn#th FinancKIl Rop0￿￿ Stsndard 8ppllrablo In tha UK and R•wJbk ol Irdand IFRS 10211811th 1 Jw)uary 2015}'. Flnanclal Re¥1 Totsl Income in 2023 was up 8% aga1￿1 thg preth Y￿1. W• £125,486 (2022 £118.3641. PLqnned Gwino. Ihrtsuth 8nv8bpo0. stsndlng ordws (yn saw a ￿ lall last y8arE70,S67120231 Wn$t £Tr.188120221. Incomè from inve&lrnents Ir•nts ￿e1¥ab￿ on 4 Wavwhy Aven￿ the Gbr8ge81 was £6,792 130%1 hifvr than 2022. Unfortunatety, E10.400 01 thio remain owed aTrJ is rw)ThJed as a p)ten*"al W tlBbt as 8131 D8c8mb8r 2023. Th• proporty 8t 4 Wawodty Avenue wa¥ let lor Ihe lul yo#r but rent ¢JefauM slnce May rrnant that £10,400 remalned unpald. rhe three garagoE at Sunnyhur8t aose wore knased thrwJhoul the year. The revenu8 frorn th8se Inv86tm•nts contribut8 g￿lICanty to the In￿rne of the porKsh and the PCC ar8 ¥K)￿ng hard to mitlgaio Iha tsk of (x)nUnuwJ (J&f8utt by the tenant al thls proF•fty. Interests earmd from tho CCLA investmènt WBS £5.3%120231 c￿MPar8d to £1,526120221. The fall in hcorn? through tradffjcl￿I Gfving m4hcoJs fell kn lh• y•8r ¢Jue to a rim ift Iho cost of l¢ving and a (•ll in di8po&abla Incom8 ol p9rfsh10nb￿ In the year. gMrMJ usrg iba Sum-up devu 98intrJ rnore popularity. ha5 meant In part, that traditk?nal ￿nS part￿thrty throLh3h standiry or¢l*s fdl in Iha y88r. Thi$ tsl wa6 more Ihan cx)mp&ftsoted for by donatFons through the Surn¥UP platlttmi Inio th8 R￿￿rI00Tr •nd GenDrnl Fun(18. WTr*t wjlng thss d•vu, ¢kn need to be uraged lo c￿pI¢le th6lr Ald. A tolal a¥pendttur8 of t98.24912022'. £96,066) wa6 spwt b) provKJe Chri8lwn from Wl Samts, Chureh in 2023. Thr4 arnount Includa$ ts contdbutK)n of £55.COJ12022.. £55.LX)01 to Dtt8san Parish Shar8. This shar8 laTg&ty provid8s tha 8tipend8 and houslng for c*ryJy and L% ￿￿X810d orTh)TrJ Ihe parlslws of th8 acwrdlng to the o)ndl11)￿ of th8 Mls$lon Supp)rt Fund IMSFI. The PCC 8r• ct4rmittgd to Ihi• by 9% in 2024. The income from fw lor bwtr3rn6. rnarri&a88. WJ buiiakn £8.911 12022.. £5,2791$h￿ • gt•>a I￿VroVeM￿￿ ¢y the• collactksns, £5,97812022.. £4.20S1 coll*i8d w b•haLlol and payab￿ to tho dkwé. The overall resL￿1 for th8 ye8r was that Inc<*ne excaadad Payft￿ts In the year ty £27237 12022". £22.2981 dividod into unresffictèd Dccwnt £14,614 restncled accouni £12.623. In 12022. unrestriGbJ acwunl £15,8C13, r&Str￿ a¢xount £6,492). The PCC rxjnts'nw ￿ ￿rk hard fv￿gh the ￿￿wardShIp 12rnpaign to dose th8 dèfiots orodiro the reseTves ol thé parlsh up unUI 2020 and to trAJlbJ SLffllrAent reseNès to Wp tac*k the sUbSid8r￿ ssuè tscir4J the Church. All￿U9h both accounts show a 8UfFI￿ of irK&￿e over expen￿rtu￿ at y¢gr ¢TrJ. wcjxt costs rnghternd yinst b)th ft•rKIs meent a ￿luCt￿)n in th• Bccount balar￿ts corr*￿ forwa￿ into 2024. A ¢￿)lIng￿nI Ilabllhy of an rnrrt L* J styct ofdbawshjn by th* PCC. A1&4bilty18 probabty or PO￿lb￿ duB to bo Paid in respe¢l of an on￿1ng dispLrte pa￿h and ts •x4r¢MeG*. AS tha wnwni pgyabb in Tr)t yet kr￿ ond ¢annol be estirnaied. It has been left Olrt of Ihis ￿Kmt. R•••pMs Polky The PCC hgve r6vwwed the churth's nee4 for rn8•rvw in kng the opwat1x￿ GuidarKo No. 43 (Chgrity Inwrne Reserves) i88ued by the Ch8rty Commission. The incoTh of Ihe parBh and its fimntsal demarth are Sub￿ to ffluCtuè￿n. MainfainirKJ a VKtOri8n '9rade 2, 115ted' buildiTra can requlre substsnJ&l ¥rrK)urts ol from to and to meet the caJ8t ol major rap8lrs &nd olhw c81 upon partsh fvThJ$. tt* PCC wn5hYer it pnhI8nt b maintain #dequatr reseNes. The rniTrimum reseNes requlrnd to enabJB the parish to continue to $eN6 Rs comrnunity trj keep up rtypaits main18n8rta of bU[￿ing SOII work in progres5. This ha¥ b8wm9 PaFtscuk8ty relevant in thè past few year¥ wth 8VKlerKt of strU￿ra1 TTK)venEnt in the 50Uth side wa115 01 the tr￿ik￿lng becomiThJ apparent. It is in ttM5 conneLton thal ihe PCC 8el up Restorat¥)n Tur￿. Thi5 fi￿d is b81ng positivety rBC8Ned by Forish￿r$ and (mtknues lo tOWdr¢Js proj￿ ￿ffjts. ¥•sknJ•nt Managoment he PCC as Trost8&8 r&tsin thg F4)wern to OV8w the rnan*Jeme￿ oftrn wN8strnents oflhe parish s assets. Ullsfj Treasurer to tho PCC P•Jg 3 FOR THE ￿ ENDED 31 DECEMBER Z023 thts8e of the wngregthkn *e on Ihe thurth's E*ctor4 ROM. Al ¥¥tsJ ar8 rwkr mombar% ol Ihe IndUd￿ dO¢hJ￿ ftw*JB oI¥KJ PCC Volunts•rn W• would *0 to lknk vokmta•rn so Iwd to mak• ow aTrJ c￿Th￿nty It Is. Tl REFERENCt AND AOIIINWTRATI¥E DETAU: R•gl•t•Y•d c￿rffy numb•r 1131888 R•gl•t•r•d offlo• All Salnts, w￿1#99 All Salnts, Road Suttvn, Surw SMI 3DA tan CampMH￿g L•wh ADthcny Rov. DthJ 27 Aprl 2014 19 Marth 20rJ 16 March 2020 Re&gr￿ 19 Mw¢h 2023 01 J￿2018 TnMt•u Ind ofth• PCC 12 MaTth 2011 Carotyn NI￿￿4 Mellus 12 M8th2011 18 Juty 2012 Gaoff NiCk￿D Paul BarSlek1 Unda Ro 27 Awu 2014 EthAn F￿￿T 26 Apdl 2015 Jadclè KlTrJ 26 Awll 2015 29 Apr* 2019 Joseph Oluawya F•dthrf 15 Mor¢h 2QO Su8gn Elvlabelh Payr 15 March 2020 Dr Joy Okpala 15M￿l2 Joan North 15 Ma￿￿ 2020 FT Luke 19 Marth 2023 19 MBrth 2023 19 Marth 2023 Yarn Mejlus Partsh S•eretary v￿¢Dri8 PAthm 15 205J ALL SAINTS, BENHILTON STRUCTURE, GOVERNANCE AND MANAGEMEHr FOR THE YEAR ENDED 31 DECEIABER 2023 REFERENCE AND ADMINJSTrATIVE DEfALS IContlTri*d): Indèp•nd•nl Ex•mSMr M8rUn Row￿nd 8ènkar•: NadYèBt 8ank 40 Whitgfft C8ntr• Croydon CRO 1UQ 8ar¢lgys Bonk 39 High Str•gt Sutton SKq11 DR INDEPENDEFif EXAMINER'S REPORT TO THE PCC OF ALL sAIl￿s, BENHILTOIA IrKl•pndent examFrwrfs roWto PCC ofAH S¥hts' B•nhlton I report to th8 Parcthml Chur¢h (kn PCC'I as tru*es th rry wniwth)n of of Al Saints.. Berthlbn Church (￿e TT￿fj forthe yg8rerKl6d 31 Dacerrtsr 2023 R•sporf61JlHths and bH¥ls of r•wt I report kb WPOCt ￿ my of th• CW cthwj under38cVon 145 of 2011 Acl In c*rykng oul ry 0x8ml￿th￿. I fDlkMd app1m￿& Dtreraths ty Ihe Charlty uTrY8r th 1451SXbl of th• Act oxamlM*'on whtch we mo ￿USe to bePffi that in arry m8l*W rry8F¢Ct. a¢￿￿￿ting k•pt kn wxordar wth Stictir￿ 130 01 th& ALt orthal Iho do1￿¥t£￿d re(¥)rds. drawn In ordwto •rK•bl8 ¥ P tkn.13 2m3 N•m•". M4TUn Sythw dre8•: 8 Court Drlve Suttc Sur SMI 3P& STATEMENT OF FINANCIAL ACTIVMES ONCORPORATING AN JNCOME AND EXPENDITURE ACCOUfrffj FOR ThE YEAR ENDED 31 DECEMBER 2023 2023 Totsl fund 2022 Total nd fund INCOME AND END EN Donations (Ind IcgaGie$ 71.574 79,866 Charttabbè a¢tMtI Fbes from B8pts"sms, Marriag85 and Funerals Oth&r trading aclMbe8 lThv88tmenl irwm• 2,933 6,354 25,700 5.978 9.CKID 3,947 8.911 15.354 29,647 5.279 10,364 22.855 Tgtal INCOME 105.SS3 19,933 125.486 118.364 Charttrabh •cllvttl•• Church attfv￿OS IMlnls18ring1 F•as to DI￿•8￿ lor Baptl8m8, Marfages and Bun) Mi8$lonary t*boril•bL* 9￿[r9 Ro$toration fu Costs assodatsd I￿sIM•￿ty Church runnlry costs 63.914 510 1.000 63,914 64,308 4,465 3.185 1,101 2,335 20.672 5.978 1,200 11,476 14.039 1,132 12.608 14fvJg Tot#1 EXPENDITURE 90,939 7.310 98,249 96,066 NET INCOM& IExpeNDmJREI 12.623 27.237 22,298 RECONCILIArnN OF FUNDS: 10 Total lund• brought forlvard Mov8rnent In Funds Ex￿ded on capttal projects 1,931 12.623 15,8591 16,0001 379.379 27337 111,8591 S75.648 22,298 118,S871 TOTAL FUNDS CARRED FORWARD $88303 8,554 594,757 $79,379 Th8 notes frym part ofthe5e ffin8noal s￿te￿nl8 ALL SallTS. 8&1HILTON LANCE SHEET 31 DECEIIBER 21)23 2023 Total fiin 2022 Total FixeD ASSETS Tanglbl8 8s$8ts CURRENT K8SETS Dobtors and prep￿￿Tal C8$h at bank ar¥J In 419.000 419,rx 3.746 1T9 CREDITORS Arnunts Win owwj y•gr S89A78 110.1971 NEf CURRENT A￿Er8 17 TOTAL ASSETS LESS CURREN7 LL4BLITP8 757 $79,379 NEfAS8ETS FIJNDS Restrkt•O ￿ndS De8lgn8led luTh un￿bl￿d lund6 11845 1.931 448.541 128.W7 137.663 TOTAL FUNDS 10 I he eh•rtty ￿ •nlll&d from 4T1 d th• Cryl•B Ad 2)06 for th• yotr 31 D￿eMb￿r 2023. The PCC h•vo not r•Wred the an w*1 of hs kndal 31 Dor*mtrw2022 tn lal Ibl tsnsurlry Ihat thè ¢haFhy keep6 ojnpty 387 of ts Ctffiwt•B A 2006 $n(r proparing ststsments fair viv* of Ihe slate of Affalm of th• charity ￿ at or 8gch flnarthl and of ts 6urpth or thilfr*exh fina￿1￿ w4h r4ulremrt tsl slathmorth, 80 far88 appkth to tho c*awity. Th• financkgl Blatements wer8 apW0￿d by tho PCC as knrd ￿Tn￿o88nd IEV Issue on oseph O Falah (rreasurar tothe PCCI Mis Cawn Melius, (WBrrJen) (Athrs Chairofts PCCI ALL SAIPITS. BENHILTON NOTES TO THE FIWICIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 AccoupifTriG POUCIES B•sls of preparing the finanGlol 5tsten*rtts The fironch81 ststernents of th8 thanty. wh￿h b a p4th benefft enw undar FRS 102. hav8 been prapared In acLyJrdance with th8 Charibes SORP IFRS 1021 'AccrJunts"ng aNI Rerx)rbrvJ by Charitsès." Stat8rn8nt of Rocommonded Prdcfjea app*able to L4wilie5 preparirva tsir acu)unts in xojrdance wth the Flnanoal ReporbrG Slandard appS&9ble in the UK and Republ￿ of IreL8nd IFRS 1021 lelYectNg 1 January 20191,. Flnarrial Reporting Slandard 102 Financi81 Re[X)r￿n9 Stsndafd apF4ic&ble in tt* UK and Repub￿¢ of Ir81)nd' 8rKI the Cornpanios Act 2006. Tho finaTh￿￿ statsments have been prepar•J uThdw the histi)￿*1 o)sl convention. Incom• All wKome b recL¥nised in Ststemenl of F￿a￿la1 AciMb8s on a rash basts. inccrna are recaw In tKg bonk nfirrnation of the ¢h8nty's 6nllUemenl to lh8 f￿ls. PlwYg8S 8ra cfity aeLJXmted for %then rgcew. DttnAtèd ladltUe8 are Incklled at thb vabjè to the dhgrity ¥**re this C￿ b• ¢wantifi8d and 8 Ihlrd party 1$ b•arfng th8 cost. No arr¥xml8 ar• inehjdèd In th8 )In8nthl ststwfi￿l9 fiy 80￿CeB YO￿nt08r•. Exp•ndltur• Liablli1188 ar8 reco3n188d 88 •xpendttum a• >Jen a8 or ￿t￿on (x)rnrnth"ng the cherlty to that expenditure, it k8 prob8bb that a Iranslor ol em10m￿ bemfits bo rwul￿j In 5etUemenl and the amunl of obligabon can be rneasurwj relL4tty. EXpend￿re, save for ltrwjse S￿)Wn in Ihe bal3￿ sheel and the Th)tes lo thé 8cGounts. 15 accounted for on an a￿[￿al basis aThJ has class￿￿ urthr he&Jings thai agg￿gattr 811 (x)st r8Lqled to r2tagDry. Where o)$ts cannot bè dir8cty allnbut8d to parb(xJlar WiThJs Ilw have b8en albr2t8d to actsvib"o$ on 8 basls ts)nsistent lh8 usè of rgsour¢es. ExpwKI￿r8 and costs of csprtal n8tyr8. Ir￿Urred nDI in the ordinary cours8 ol bu&in6S8, 8rÈ clBryed to Ihw res￿1¥6 fund8. Wh•rn th0￿ fvr￿8 fall into d8fic4t8 aB g wutt, tr8nsler6 frorn th¢ ggn•r81 re•erve8 8r• mad• to cthèr Ih888, in lirn wjth the standini •pprov•l ofthe PCC. Fund-ra&lThJ co8t8 are In¢ww•d In •••kkng y￿1*y o)nlrfbutkTh 9￿1 LS) Incl￿ the c¢•t• of dknaemlnalry Infomi•tlon In wppgrt ofthe tharllak* rthlts"es. Tanylbls flx•(l ajets No tsrrfJible assets are hekt In lh• bc4)k2 of th8 tharfty, excopt br thg property at 4 Wavoth A*Mnu• garag85 silual8 al sUnny￿1r$t Cbs8. whth aw hèkj in tru¥1 on trehaw of Ihe ￿rtsh. The assets are 8ho*fi 81 th8lr v8kJ8bon in 2018 and 2021 r8spectNety a￿￿ti$9¢￿ ij 8ppbtrS. The two garagès were r•fvrbi5had ￿fore k8a8lThg thgrn QUI ond 8r¢ revolled ot £7￿￿ oach thair cwront Taxatlon The charity * exompi wrwrnthjn tax chorilabb8 x¥vlt*s. Fund a¢￿￿￿￿￿0 UnresMct•d lunds Lsn b8 u9èd Irb vilh the ¢*orilAbl& cl48￿￿ at d*tt8Ucffj olthe PCC. Oesignated fvnO are funds drawn frcffl thts unrns1￿1*I Tesaw •ThJ set askle for thts ex￿jticffl of srrific prDj8cts In accordor¢e wilh conserts recetved fmm 1h¢ PCC. R•stricted fvnd5 can onty ￿ Lmad rEStrI￿ wtPD5e5 ￿thIn the objects of th• charfty. R8strkJons arfs• en SP8r*f￿d by Ihe donor orwhen furK5$ aro raoed frjr pwbwlaT rest￿1￿ purpo88s. DONATIONS AND LEGACIES 2023 2022 Planned GM Colb8cti(￿s Gwt Aka T8coverabk• Non.Grft (knnats"ons 8Th1 cfonty ap￿ts ReKeipts into Funds Energy Grant Legaries 52.258 3,838 14.431 737 14.616 59,172 3.592 14,424 1,276 10,364 1,4 I,OOB 86,928 90,230 Page 9 ALL SATr4T& BENHLTOM NOTES TO THE FNANCL4L STATEMEKrs FI)R THE YEAR ENDED 31 DECEMBER 2023 OTHER ThADING ACTMllES 2022 IR*ls Inkn FuKl¥l Int9resl ￿ ft IU67 T46 J.FS1 P4e 13