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|Annual
Report|||Pages 1-8|
|---|---|---|---|
|Independent
Examiner's||Report|Page 9|
|Statement ofFinancial||Affairs|Pages 10-11|
|Notes to the Financial|Statement||Pages 12-17|
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|I/at dens:|||
|---|---|---|
|(to Jiuie 2022)||Mi's F!011aTurller'|
|||Mrs Caroline Newman|
|gi'otn June|2022)|Mr 3eremy Nevvton|
|||Mr George Verghese|
|Rept esentali r&es on||Deanet
I&Synodal|
|||Mrs Gillian Foroughi|
|||Mr Jeremy Newton|
|Elected Member s:|||
|(i(nti 1May|2022)|Mrs Ade Afolabi|
|(tutti lSept 2022)||Mr Simon Ashley|
|(tlu ouglrout|3&eai)|Mr Fola Adeoti|
|||Mr Robert Attuh|
|||Mrs Jenny Bailey|
|||Mr Remi Bola|
|||Mr 3ohn Graham|
|||Mr Barry Hogg|
|||Mrs Sue Wailer|
|||Mrs Rosemari
Whiteinan|
|(f) om May&2022)||Mrs Abiola Ajayi-Obe|
|||Miss Anna Bicknel1|
|||Mrs Caroline Newntan|
|||Mrs Fiona Turner|
|Register ed Office: The Church Office|Register ed Office: The Church Office|
|---|---|
||Christ Church
Vision Hall|
||Watling Street|
||Radlett WD7 7J3|
|Bankers:|Barclays Bank pic|
||Watling Street|
||Radlett WD7 7AJ|
|2ltditot's:|Hillier Hopkins LLP|
||Chartered
Accountants|
||Radius House, 51|
||Clarendon
Road, Watford|
||WD17 1HP|
##
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|fhe year ended 3I Dece|mber|2022||||||||
|---|---|---|---|---|---|---|---|---|---|
|||||uriresiriried|nesians(ed|Reslnried|Endonmenl|Toinl Funds||
|||||Funds|Funds|Firii4s|Funds|tots|foti|
||||Note|||||E|f,|
|IXCOSIE||||||||||
|DOnatiOnS mid lcgaCies|||2a|148,810||6,008||154,818|157,376|
|Chorch activities|||2b|43,999||0||43,999|30,020|
|hlveStir\CiliS|||2c|45,020||2,549||47,569|44,110|
|TOTAL lixlCOhIE||||237,829||8,557||246,3S6|231,506|
|EXI'EiXDI'I'USE||||||||||
|Mission and Charitable
expenditure|||3a|7,800||||7,800|8,345|
|Church activities|||3b|270,668||8,557||279,225|252,910|
|TO'I'AL EXPEis(DITURE||||278,468||8,5S7||2S7,025|261,25i|
|iXET Ii{COil fF,(EXPEhiI)IT|LiRK)|||( 10,639)||||(40,639)|(29,749)|
|Disposal ofStJohns Church|and flag||||||||(68,926)|
|i(ETIrs(COSIE(EXPEiXDITURE)||before Oains on lnvestmcnt||(40,639)||||(40,639)|(98,675)|
|isiet (losses)/ga his oil loves talents|||7/8|(76,277)|(4,915'}||(3,493)|(84,685)|121,496|
|hf E'I' le(COihIE/(EXPL'AD|I'I'USE)|||(116,916)|(4,915)||(3,493)|(125,324)|22,&21|
|Transfer from designated
funds||||6,8!5|(6,81S)|||||
|Transfer to designated
1'ands||||(9,SOO)|9,SOO|||||
|Transfer property
reserve - depreciation||||24,529|(24,529)|||||
|YE'I' hIOVESIE14'I'
lixed El)NDS||||(9i,072)|(26,759)||(3,493)|(125,324)|22,87.1|
|BALAix{CES BROUOsH'I'|FOI2'yVAIKD|||||||||
|I January
2022||||1,155,946|1,116,137|63,429|86,545|2,422,057|2,399,236|
|BALANCES CARRIED IrOIUVA)2D||||||||||
|31 December 2022||||1,060,&74|I,OS9,378|63,429|83,0S2|2,296,733|2,422,057|
|All inconle and expenditure|other|than the disposal of St Johns|Church|and Hall, derives|from continuing|activities||||
##
|||||Note|2022|2021|
|---|---|---|---|---|---|---|
|FIXEDASSETS|||||f.||
|Tangible assets|||||1,233,455|1,254,384|
|Endowment|funds||||83,052|86,545|
|litvesti'ileitis|||||821,577|902,769|
||||||2,138,084|2,243,698|
|C:URREIXTASSETS|||||||
|Debtors and|prepayments||||3,324|6,651|
|investments|||||124,279|123,721|
|Cash at bintl'|and|in hand|||37,575|52,751|
||||||165,178|183,123|
|I.IAIIILITIES: amounts|||faIIing duc svithin||||
|one ycav||||12|(6,529)|(4,764)|
|istrET CURREis(T ASSETS|||||158,649|178,359|
|is(FTASSETS|||||2,296,733|2,422,057|
|FUNDS|||||||
|Endowment||||7|83,052|86,545|
|Restricted||||10|63,429|63,429|
|Designated|- Property|||5|597,285|616,357|
||-Other|||5|492,093|499,780|
|I,lisrestncted|||||1,060,874|1,155,946|
||||||2,296,733|2,422,057|
##
|year ct«lcd 31 IJccc«&I&cr2022
% IARY Ol' SIG&Nil')CA'(T ACCOljiNT)ix(G POLICIES|||||||
|---|---|---|---|---|---|---|
|(a)General information
and basis ofpreparation|||||||
|Radlctt Parochial
Cluirch Council is a is a charity and is a corporate body established
by the Church ofFngland.|||||||
|The address ofthe registered
oAice is give&i in &lie charity mforniation
on page
I ofthese financial staiements.|||||||
|The charity constitutes
a public benefit entity as defmed
by FRS 102.The tinancial
statements
have been prepared
in accordance|||||with||
|Accounting
and Reporting
by Charities: Statement
ol'Recommended
Practice applicable
to charitics preparing|their accounts||||||
|in accordance
Ivith the financial
Reporting&
Standard
applicable
in the UK and Republic ol'Ireland
(I'RS 102)issued on 16||July 2014(as||||updated|
|through
Update
Bulletins
I and 2 published
on 2 February 2016and 5 October 2018 respectivly),
&he Financial
Reporting||Standard|||||
|applicable
in the United
King&dom
and Repnblic ofireland (FRS 102),the Charities Act 2011and(JK Generagy
Accepted||Practice as it||||applies|
|from
I January 2015.|||||||
|The financial
Stat&one&its arc prepared
on a going concern baSis under ihe his&Orieal Cost cO&ivCntiOn,
modifiCd|to include
Certain items||||||
|at fair value.
The ilnancial
statements
are presented
in sterling
which
is the functional
currency ofthe charity|and rounded|to||the|nearest|X.|
|The significant
accounting
policies applied
in the preparation
ofthese hnancial
statcmcnts
are sct out beloiv. These policics|||||||
|have been consistently
apphed
to all years presented
unless other&vise stated.|||||||
|(b) Funds|||||||
|Umestric&cd
funds are available
tbr nse at the discretion ofthe trustees
in furtherance
ot'thc general objectives|ot'the charity||||||
|and which
have not beni designated
for other purposes.|||||||
|Dcsigitated
funds coinprise
unrestricted
funds that have been set aside by tlic trustees
I'or particular
purposes.|The aiin and||||||
|nse ofeach designated
i&md is set out in the notes to the financial
statements.|||||||
|Restricted
funds are t'unds which are to be used
in accordance
with specific restrictions
imposed
by donors or|&vhich have|been raised|||||
|by thc chmitv for partimilar
purposes. The cost ofraising and administeringsuch
funds are charged against the|speci(ic fund|||Thc|||
|aint
&md use ofeach restricted
fund is sct out in thc notes to thc financial statcincnts|||||||
|Endownient
fimds represent
those assets ivhich must be held permanently
by ihe charity.
Income arising on the endoxvment||||funds|||
|can be used in accordance
with the objects ofthe charity and is induded
as unrestr(cted
income. Any capiial gains or losses|||||||
|arising on the investment
(orm part oi the fund. lnvest&nent
management
charges and legal advice relating to the fund are charged|||||against|the fund.|
|(c)Income recognition|||||||
|All incoming
resources are included
in the Statement ofFinancial
Activities (SoFA) &chen the charity is legally|e&uitled to the|||income|||
|aAer any perfonnance
conditions
have bent inet, ihe amount can bc measured
reliably
and it is probable
thc inconie
xv(II be|||rcccived.||||
|Xl'o amount
is included
in the financial
statements
for voiunieer
time in tine with the SORP (FRS!02).|||||||
|For legacies, entitlement
is the earlier ofthe charity being notihed ofan impending
disiribution
or the legacy being recewed.|||||||
|At this point income is recognised|||||||
|Income lrom trading
act&vities to raise funds for the charity. Income froin trading activities, primarily
the letting ofcluirch||hal)s,|||||
|is recogmsed
ivhen entitlement
has occurred|||||||
|The clmrity receives a grant from I.ocal Government
for the upkeep ofthe Burial Ground.
As the grant
is discretionary
the||grant|||is only||
|recog&msed
in tlie accounts on receipt|||||||
|Government
grants relating to furlough
receipts are credited
to the State&nent offinancial activities
in thc period in ivhich they occurred.|||||||
|Im estment
inconie is earned
through
holding assets for investment
purposes
such as shares and property
and|inc)udes dividends||||||
|interest and rent. It is not practicable
to idrnitify
im esiment
managenieiit
costs ivithin the funds held so the income
is reported||||nct ofthese costs.|||
|Interest income is recognised
using the eAectivc interest method
and dividend
and rent income
is recognised
as thc charity's|||right||to||
|receive payment
is estab)islied.|||||||
|(d) Fxpenditure
recognition|||||||
|All expenditure
is a~counted
for oii an accruals basis and has been classified under headings
that aggregate
all|costs minting||to tint category.||||
|Expenditure
is recognised
where
there is a legal or constructive
obligation
iomake payments
to third parties,|it is probable||ilia& the setilement||||
|&vill be required
and the obligation
can be measured
reliably.
Ii is categorised
under the followiiig
headings:|||||||
|-Costs ofraising
funds ivliich only applies ifthere is a special appeal;|||||||
|- Expenditure
on charitable
activihes
&vhich includes
the running ofthe clmrch and clnirch
1&illls; and|||||||
|-Other expenditure
&vh(ch rcprescnts
those items not falling into thc t&vo categories above.|||||||
|Irrecoverable
VAT is charged as an espense against the aetiviiy for &vhich expendiiurc
arose.|||||||
|Grants payable
to third parties are ivithin the charitable objectives. Where unconditional
grants are otTered, this isaccrued|||||||
|as soon as the recipient
is notified ofthe gmnt, as this g&ives rise to a reasonable
expectation
ihat the receipiant|&vill receive|the grmiis|||||
|It is not thc practice ofthe charitv to award grants that arc conditiona! on parfum&ance.|||||||
|(e) 'I'angil&le
fixe&1 assets|||||||
|Tangible tixed assets are stated at cost less accumulated
depreciation.
Cost includes costs directly attributable|to making
the|||asset|||
|capable ot'operating
as intended.
Individual
items with an initial costoff5000 or less arc &vritten offivhen acquired.|||||||
|Consecrated
and beneticial
property
is eaclnded
from the &accounts by virtue ot s ID(2) to 10(4)ofthe Charities|act 2011.1'he neiv churdi||||||
|at st Johns is excluded nnder this provision.|||||||
|Movable clmrch fumishi»gs
iield by thc vicar mid Church&ca&dens
on special trust for the PCC and which rcquiie a facility||for disposal||||are|
|accounted
for as inalienable
property
unless consecmted
and are included
in Fiauires and Fittings They are listed in the Church's|||||lm entory||
|held at ilie Church OA)ce.|||||||
|The property at 5 I Gills Hill Lane &vas purchased
in 2D13 for the use ofa cumte and ives so occupied fioat Jnne 2015 to September|||||2018.||
|The policy ofthe PCC is to alivays keep this property
available
for a m&iatc bnt in the intervening
periods the propei&y is let to|||||||
|produce. income thereby
mitigating
thc overall costofo&vnership.|||||||
|The nc&Y c)lute!i at StJoints is being built in ajoint venuire
between
the Diocese ofSt Albans,
Ilertsniere
Borough Coiincil and|||the PCC.||||
|The PCC has capitalise(i
the legal costs iiicurred
in tuialising
their pa&& ol the Joint
Vcl&&lire agree&lien't.|||||||
|Depreciation
is provided
on all tangible
fixed assets, at rates calculated
to ivrite oA the cost, less estimated
residual
value,|||||||
|ofeach asset on a straiglit-tine
basis over its expected useful life. No depreciation
is applied to freehold
land and bnildings.|||||||
|Freehold
land
Nil|||||||
|Freehold buitdings
50 years|||||||
|StJohns Church acquisition
10years|||||||
|Fixtures and fil/ings
ID years|||||||
|Milslcai liistrllllicllts
10Years|||||||
|Projection and sound systenis
Sya&en&S
4 Years|||||||
|Xl'o depreciation
cliarge is provided
on 5 I Gills
Ilill l,i&&le as the Trustees believe Bieasset will have a high residua)|value which||||||
|under the requirements
ofthe SORP (2015)allovvs depreciation
not to be charged.|||||||
##
##
##
##
##
##
||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|2|I&s&CO&i'II&&IG|RES|OURC|ES|||||t&uiv&&u('&ed|nc»ar&ed|TOTA&,|FllivOS|
||||||||||Fund &|Funds|2022|2021|
|2a|Donations
and legacies||||||||||||
||Pledged giving||||||||||135,566|141,611|
||Gift Aid||||||||||2,700|6,500|
||COlleelioi1s||||||||||4,270|2,586|
||Donalial&s||||||||||2,135|1,000|
||Granls|||||||||6,008|6,008|5,679|
||I2onations
for speci(le||pun&uses||||||4,139||4,139||
||||||||||148,810|6,008|154,SI8|157,376|
||The comparative|figure|t'or 2021 indudcs||XI51,697 unresiricted||and 25,679 restricted||funds.||||
||The PCC received|an energy donation of|||Q,&39 t'rom the|DioCese ofSt Albans||lvhich|has been otfset against thc increased cost ofenergy during||the year.||
|2b|Cllnrch activities||||||||||||
||Church
hall lettings||||||||39,003||39,003|17,869|
||)Vcdding, baptism|and|funeral|tees|||||4,312||1,312|5,46S|
||Sundry
receipts||||||||6S4||584|6,686|
||||||||||43,999|0|43,999|30,020|
||'I'he comparative|Rgure|tor 2021 comrises||only unrestricted|income.|||||||
|2e|Income from|investments|||||||||||
||Dividends
and interest||||||||16,610|2,549|19,159|15,800|
||Properly income||||||||2S,410||28,410|28,310|
||||||||||45,ozo|Z,s49|47,569|44,110|
||The comparative|figure|tor 2021 includes||840,432 unrestricted||and k3,678 restricted||funds.||||
||TOTAL Ill'COhtlivG||RESOURCES||||||237,829|8,5S7|246,386|231,506|
##
|3|RESOURCVS EXPExtlDE|D||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||||||||||||||||||||Unrestricted||Resin&led||||TO1'AL|FtliqoS|
||||||||||||||||||||||||||Funds|F&II&4s||||202),|202i|
|3&&|Mission and char(tab)c givmg (note|||15)||||||||||||||||||||||||||||
||Church overseas:
- missionary
societies||||||||||||||||||||||||3,225|||||3,225|3,450|
||-relief and development|||agencies|||||||||||||||||||||1,975|||||1,975|2, 110|
||Home missions
and other church|societies|||||||||||||||||||||||1,7 14|||||1,714|1,825|
||Secular charities||||||||||||||||||||||||886|||||886|960|
||Slission and charitable
giving||||||||||||||||||||||||7,800|||||7,800|8,345|
||The comparative
figure for 2021|con)priscs only unrestricted||||||||expenditure.||||||||||||||||||||||
|3b|(.'hurch
activities|||||||||||||||||||||||||||||||
||Ministry: Diocesml parish share||||||||||||||||||||||||119,501|||||119,501|120,893|
||Working expenses ofincumbent||||||||||||||||||||||||1,212|||||1,212|4,625|
||Upkeep ofvicarage and Curate's|House|||||||||||||||||||||||9,375|||||9,375|5,034|
||Assistant
clergy expenses||||||||||||||||||||||||1,565|||||1,565|1,565|
||Lay statT emoluments||||||||||||||||||||||||28,070|||||28,070|26,428|
||Chidrens
and Youth &vorkcr||||||||||||||||||||||||1,070|||||1,070|360|
||Upkeep ofchurches: repairs and|maintenm&cc|||||||||||||||||||||||5,612|||||5,612|2,656|
||heating,|llgt)i, ll&surancc ctc.|||||||||||||||||||||||20,452|||||20,452|5,951|
||Upkeep ofgrounds||||||||||||||||||||||||3,560|||||3,560|2,626|
||Maintenance
ofservices||||||||||||||||||||||||2,076|||||2,076|1,377|
||Upkeep ofburial
ground||||||||||||||||||||||||0|||||S,557|11,825|
||Sundry expenses||||||||||||||||||||||||981|||||981|1,74S|
||Church
hall upkeep:
Christ Church||||||||||||||||||||||||38,217|||||38,217|30,411|
||St. Join&'s||||||||||||||||||||||||5,620|||||5,620|5,0'38|
||Depreciation
- church
property||||||||||||||||||||||||24,529|||||21,529|23,998|
||Church oNce||||||||||||||||||||||||5,471|||||5,471|4,038|
||Audit fee||||||||||||||||||||||||24100|||||2,400|2,400|
||I.egal and Professional
fees||||||||||||||||||||||||957|||||957|1,897|
||Church activities||||||||||||||||||||||||270,668|||8,557||279,225|252,910|
||Ttlc comparative
tigure for 2021|includes||(243,553 unrestricted|||||||and (9,357 restricted|||||expenditure.||||||||||||||||
||TOTAL RESOURCES EXPENDED||||||||||||||||||||||||278,468|||8,557||287,025|261,255|
||)brul rcxnllre)ce
O'I'J)cnsJcd r)Id&)de)|||||||||||||||||||||||||||||||
||Depreciation offixed assets 624,529 (2021:(23,998)|||||||||||||||||||||||||||||||
||Audit fee f2,400(202I:%2,400)|||||||||||||||||||||||||||||||
||STkFF COSPS|||||||||||||||||||2022|||||2021|||||||
||Wages and salaries||||||||||||||||||||45,946||||41,183|||||||
||Pens&on costs||||||||||||||||||||||6IS||624|||||||
||||||||||||||||||||||46,594||||41,807|||||||
||The PCC employed
5 peOplC during||thC year, sOmc||||pah|time, equivalent||||||to 2.5 FTFs(2021:2.5 FTEs) .||||||||||||||||||
||The PCC is pah ofthe )vork place pension|||schmne|||&vhich aA'ects||||only||one innptoyee (2021:I employees).|||||||||||||||||||
||Expenses off44 I (2021;%602))ccrc paid|||to one Trustee|||||as|&vorking expenses|||||ofihe incumbeni|||||||||||||||||
||The employee
allowm&cc rebate received of22,464||||||lms been|||oti'set||against social security|||||costs.|||||||||||||||
|5|TRA&1'SFER 'l'0 Atx(D ICRO&ll DESI('NAT ED FU&x(DS|||||||||||||||||||||||||||||||
||The PCC has a policy ofsetting aside designated|||||funds to ensure|||||that adequate||||funding|is available||for property||||||maintenance
and replacen&ent||||||||
||ofequipment
lvhen needs arise.|Transfers||fran& unrestricted||||||funds||are n&adc according||||to the timing|||and||scale ofanticipated
expenditnre.|||||||||||
||||||||||||||Staff|||||||||||||||||||
||||||||Church|||||and|Clergy|||St Johns|||Equipment|||||(Jrgan||(.'hrist Church||||Pal)ric incl||
||||||||I|rot)crl&'|||||13cvelopmcnt
1loushlg|||||||||||||Hall||||Boiter|TOTAL|
||||||||||f,||||||||||||f,|||||||||||
||Balance at
I January 2022 correct|||||||616,357||||||225,302|||15,667||||8,803||||30,186|20,044||||199,778|1,116,137|
||Unrealised
gain/(loss)
on investments|||||||||||||(4,915)|||||||||||||||||(4,915)|
||Transfer
from unresiricted
funds||||||||||||||||||||||||3,000|||||6,500|9,500|
||Transfer from restricted
funds|||||||||||||||||||||||||||||||
||Expenditure
during
the year|||||||||||||(3,200)||||||||||||||||(3,615)|(6,815)|
||1ransfer propehy
reserve:den)eel&iran||||||||(19,072)||||||||||||(5,457)||||||||||(24,529)|
||Balance at 31 December 2022||||||||597I285|||||217sl87|||15s667|||||3s346|||33'186||20s044|||202,663|I,GS9,378|
||The church propchy
t'und represents||the nei bool|||value||ofChrist|||Church|||Hall|and is reduced each year by|||||||an almual depreciation||||charge.||||||
||ln Septen&ber 2013 the staffhousing||tiund)vas||used||to purchase||||51|Gills||Hill Lane to enable the PCC to||||||provide||||accommodation||for a curate.||||||
||There is min cntly avacancy
in the parish for a||||curate and lvhilsi||||||&ve await the||||appointmeni||by the diocese,|||||the property|||is let on|a commercial|||basis.|||
||Pm&ding the proposed
redevelopment||ofSt Johns|||Clmrch|||the PCC|||has|agreed||to set aside||a provision||against||||loss ofrental income from||||the clmrch|||hall||
||during
the disrnption
caused by ihe redevelopment.||||||The|provision||||represents|||their cstimatc ofthe potential|||||||loss||ofincome during||development.||||||
##
##
##
|TAthl(sIBLE|FIXEDASSETS||||||||
|---|---|---|---|---|---|---|---|---|
|||Pivehotd|Church||Projection||Vtnsicot|Tohol|
|||properi&|properly|eh|a:sound||inslnirnenfs||
||||fittings||Stsleni||||
|COST|||||||||
|At
I January
2022||632,570|984,|131|42,04|I|6,037|1,664,779|
|Additions|||3,60G|||||3,600|
|Disposals|||||||||
|At 3 1 Dcccn)her|2022|632,57G|987,731||42,041||6,037|1,668,379|
|DEPRECIATION|||||||||
|At
I January
2022|||367,771||36,584||6,037|410,395|
|Clmrge
for year|||19,072||5,457|||24,529|
|Disposals|||||||||
|At 31 Decelnber|2022||386,846||42,041||6,03'I|434,924|
|Wi'ET BOOK|VALIIE||||||||
|At 31 Deccmhcr|2022|632,57G|600,885|||||1,233,455|
|At 31 Decmnher|2021|632,570|616,357||5,457|||1,254,384|
|CHIJRCII PROPERT'I'|||Christ||St John' s||||
|||Chdsl|Church||Cliiii'eli||||
|||Chai'ch|natl||||Tolnl|Torsi|
|COST||nett|Blthlfs||igeir nsn||2022|lett|
||||f||f||||
|At
I JanuaD
2022||953,673|30,458|||0|984,131|1,139,525|
|Additions|||||3,600||||
|Disposats||||||||155,394|
|At 31 Decenlber|2022|953,673|30,458||3,600||987,731|984,131|
|DEPRECIATIOX|||||||||
|At I .Iannary
2022||337,316|30,458||||367,774|436,518|
|Charge
for year||19,072|||||19,072|-68,744|
|At 31 December|2022|356,388|30,458||||386,846|367,774|
|i%ETBOOK VAI.DF.|||||||||
|At 31 December|2022|597,285|||3,600||600,885||
|At 31 December|2021|616,357||||||616,357|
##
##
##
|I(S(VES|TskIFW|i'T OFI|.iNDOIVfbI|Fbi'T
I'U(NDS|||||||
|---|---|---|---|---|---|---|---|---|---|---|
|||||||'Alarket|Gain (Loss)|hlarket|||
||||||Cost|Value|on revaluation|Value|Cost||
||||||2021|2021|2022|2022|2022||
||||||f|||f|f||
|Bott Tnist - CBli loves(ment|||hind||10,912|52,857|449|53,306|10,912||
|YoungA|Chubb|Tnist - CBFInvestment||fund|9(5|30,771|(3,622)|27,149||915|
|(Vashburn|Grave Trust - CBFInvestmem|||fiuid|(00|2,342|(276)|2,066||100|
|Malhson|Grave|Trust - CBFInvestment||fimd|20|375|(44)|33(||20|
|I.eggett Grave Trust|||||80|200||200||80|
||||||12,027|Its,sss|~3,493|ss,sss|!2,027||
|The invesunents||behind the|Leggett Trost are held in cash aivaiting||reinvestnient.||||||
|Thc PCC|I(as the folloiving||endoivment|funds, arising fram bequests:|||||||
|Bon||||Eiiiloivinciit-|||incoiilc unrestricted||||
|Yai( fig||||Eildo'ivtncnt|||income restricted|(o maintenance|oftabric||
|)Vaslibum||||EiiiloivmCiit|||income restricted|to church(cia(rob|yard|upkeep|
|Chubb||||Endoivment-|||inconic res1ricted|(o grave upkeep|||
|Mallison||||Endoivinent-|||income restricted|to grave upkeep|||
|Leggett||||Endovntsent-|||it(col'11c rest(le(cd|'to gravc iipkccp|||
|res(|||||||||||
##
|||||||||a(orget|Balll(Cosa)on|anal,,e||
|---|---|---|---|---|---|---|---|---|---|---|---|
||||||||Cost|Value|sv's aislaIsosl|Value|Cost|
||||||||202(|202(|2022|2022|2022|
||||||||||||f|
|U0
I'!etc(I:||||||||||||
|17127.14(2021:17127.14)Units||Ccn(ral Board ofFinance||||||||||
|li'lvcstiilent|Fit(id||||||340,(SS|506,970|(59,679)|447,291|340,18S|
|1312(202(:1312)MkG Charifund|||Inc||Units||6,226|20,417|( I,I 37)|19,280|6,226|
|2S87(202(:28S7)Units Central||Board||ofFinance||||||||
|Investment|Fund - Aeciimulation|Shares|||||32,638|168,624|(15,46()|153,163|32,638|
||||||||379,052|696,01(|(76,277)|619,734|379,052|
|Designated:||||||||||||
|860 (mits (2021:860)Central Board|||ofFinanCc|||||||||
|liivcstiilciit|Fii(1d-Ace(i(lit(latin(1|Sllarcs|||||9,721|50,225|(4,600)|45,625|9,721|
|539 units (2021:539)MS:G Charit'und||||Accumulation||units|42,359|156,533|(315)|(56,218|42,359|
||||||||52,080|206,758|(4,915)|201,843|52,080|
|lO I'AL|I.'v(VL'S I'iVIL''4'I'S||||||431,132|902,769|(81,192)|821,5'l7|431,132|
##
|||||Dnsvsfsicfcd|Designated|Restricted|Endonsncn(||
|---|---|---|---|---|---|---|---|---|
|||||Fund|Fund|Fund|Fund|Total|
|||||||2|s||
|Tangible|fixed assets|||636,170|597,285|||1,233,455|
|111vcstiilcl1(s - Triists|||||||83,052|83,052|
|investments
-Others||||329,4S4|492,093|||821,577|
|Ciiffcilt|assets|||101,749||63,429||165,17S|
|Current|liabilities|||(6,529)||||(6,529)|
|||||1,060,8/4|I9089,378|63,429|83,052|2,296,733|
|RESTRICTED Fl||liNDS|||||||
||||Ilail|Fised|nlsI'ssl|Specific|Tora(|roiai|
||||Appeal|Asser|Ground|Espenscs|2022|202(|
|||||||s|||
|At I )mniary 2022|||32,213|||3 1,216|63,429|63,429|
|Incoming|resources||||S,557||8,557|9,357|
|Lspend iture|||||(8,537)||(8,557)|(9,357)|
|Transt'cr|to designated|funds|||||||
|At 31 December 2022|||32s213|0|0|31,216|63,429|63,429|
##
|11|DEBTORS|||||||
|---|---|---|---|---|---|---|---|
||||||2022|202.1||
||In~orna Tax recoverable||||2,700|6,500||
||Otlter debtors||||624|151||
||||||3,324|6,681||
|12|LIABILITIES FAI.LIXi'G 1)UE KVITHIttI Oil(E YEAR|||||||
||||||2022|2021||
||Accruals||||4,512|4,235||
||PAYF. and Pension||||126|12[||
||Other creditors||||1,891|408||
||||||6,52.9|4,764||
|13|BI)RIAL GROU)xID|tiaivslricted|lteshicfed|Total|thmastsicred|Restricted|Total|
|||2022|2022|2022|202i|2021|202l|
|||f.||||K||
||Income||8,557|8,557||9,357|9,357|
||Expenditure||(8,557)|(8,557)|(1,468)|(9,357)|(10,825)|
||||||(1,46S)||(1,468)|
##
##
||osccseas|0is'lae;ls|home|home|Total|Total|
|---|---|---|---|---|---|---|
||allsslosl|setter d.|aiissioa|senslar|2022|202i|
|||decelonmeat|||||
|Christian
Aid||885|||885|930|
|lnlcrscrve (for Rcv'd Dr G Aylett)|715||||715|760|
|The Bible Society|715||||715|760|
|Practical Action||615|||615|660|
|Toybox|615||||615|660|
|CivIS ( for Jolui Waters' )|465||||465|510|
|iNepali Clnirch (Mr Milan Adliikari)|715||||715|760|
|Tearfund||475|||475|520|
|Scripture Union|||43S||438|475|
|Open Doors in St Albans||||443|443|480|
|Herts Young Homeless||||143|443|480|
|New Hope Trust|||833||833|870|
|Fvet3 Nation (for Javed Kamruddin)|||443||443|480|
||3,225|1,975|1,714|S86|7,800|8,345|