Bursledon Parish The Church Office, St. Paul's Church, Oak Road, Bursledon, S0318DT Annual Report and Financial Statements of the Parochial Church Council For the Year Ended 31 December 2023 Priest in Charge Bank Independent Examiner Rev John Pawson The Vicarage. School Road Bursledon S031 88W Lloyds Bank Knight Goodhead Limited 7 Bournemouth Road Chandlers Ford Eastleigh S053 3DA
Registèr Charity Numb8r 1132121 ANNUAL REPORT OF THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF BURSLEDON FOR THE YEAR ENDED 318T DECEMBER 2023 Adrninistrntiv• inft*rniation ursledon Parish is part of the Dittese of Winchester wthin Church of England arKI has iwo Church buildings - St Leonard'$ in Church Lane and SL Paul's in Oak Road. The correspondence address is Th8 Church Offi. SL Paul's Church. Oak Road. Bursledon, S0318DT. The Parochial Church Cnl (PCC) is a chwtty regkstered with th8 Charity CommissK)n Number 1132121. PCC manbers who have swved from 1st January 2023 untl annuaj meeting in April 2024 were: Names Notes From To Incumbent The Reverend John PsOn ChaiMn 12Juty2018 Ward9 Linda Burt 8emadette T Co£hair APCM 2018 APCM 2022 Deanery Synod Reprmontatlves &year temi- (#Jrrenty 2020- 2023} Scott Neale Robert Sar¥Jers APCM 2023 APCM 2023 2026 2026 El•cted PCC Members {12 allthved) Nichola$ Bisho Abb Milchard Julie West Tom Youn APCM 2020 APCM 2020 APCM 2020 APCM 2022 2023 2023 2023 APCM 2023 Flchard Boulter Peter Ta APCM 2021 APCM 2021 2024 2024 John Plain n8 Watts APCM 2022 APCM 2022 2025 2025 Hila Bax Emi Mccolm Rathel (JNer APCM 2023 APCM 2023 APCM 2023 Nick Hisoxk ember 2023 APCM 2024 PCC Treasurer. Rachel Oliver Rosalind Plain SLqff Team: Licensed Lay Minister= Petw TaylcK Administrator.. Diane Anderson Churchwarden: Linda Burt Children. Yth & FamleS Worker (CYF): Youth Worker. Churdmerden: Suzanne Hougton Alice Street Bemadette Taylor
Th8 Parochw ClvJrc Cokm(al olthè PSh Of&J[On ALxwTrts IN the Yr EThJJ 31* 2023 Structur•, Gov•rnanc• and Manaw•nt The method of appointment of PCC members is set out in the Church Representatit)n Rule8. All Chur¢h attendees are encouraged to register on the Electoral Roll and to consider standing for election to the PCC. The full PCC hold a minimum of 6 business meetings each year. Commillees met between meetlngs and deliberations were reported to the PCC in written fomi or delivered verbally for discussion where ne¢essary. Some mmitt meetings were held remotely, using Zoom, bul PCC meetings in person. ObJ0¢t1v and Actlvltlos Bursledon PCC has the responslbllity of co-operating wlth the in¢umbent In promoting in the ecdesiaslical parlsh, the whole mission of the Church, pastoral, evangelistic. 80¢1al and ecumenical (see detall$ in report8 below and APCM RepcYt8 8(m)et1. It a180 has maintenance re8ponslbllllbs for Ihe Church Bulldings. Achl•v•m•nts and P•rfomianc• Church attondan The Electoral Roll is placed on dSsplay In th8 church offlce and 18 avallable for In6pe¢tion as requlred by law. Al 23 April 2023 {APCMI the Electoral Role con51sled of 193 members. Slnce then 14 peOe have come off the roll - 8 have Sadly dled., 4, moved away and 4 are grown-up 'chlldren' who haven't reslded In the parish for some years. No new momb¢rs have fvlned the roll this year, maklng a total on the roll of 179 al 2 Aprll 2024. Appllcallon Form8 to loln the Ele¢loral Role are avallable from tho Church offlcè or from member8 of the slaff team. Acr05S the year the av•rng• Sunday attendance wa8 approx. 90 adults and 18 Children. As usual th18 numbèr Iased at fest818 and for even18 such a$ Bapllsms, Remembranc• and Chrl8tlngle8. R•vl•w of th• y•ar 2023 has been another year of consolldatlon and bullding-up resilience In our mlni$lTies and volunteer team8. Whlle our Sunday attend8nce number8 are 81111 not yet back to pre•Covid levels our servi¢08 are full of joy. fallh and hop8 and we remaln extremely grateful to 811 th088 who seNe in our many volunteer leamg to make the wor8hSp and fellowshlp of Sunday g81herlrrfJ8 9 blesslng to all. Durlng this year we have also sald goodbye to some key people In church Iwe. We have moumed the deaths of Rev John Ablett, Peter While and Joyce Ingledew, all of whom had s¢gnlficant up-front roles In the worship of the church. And the contributions of Robert Howard, Reg Crowth&r. Chloe Herftage, Alleen Whlle and Annie Barnes all remiThJ us of the quiet bul commilled nature of Chrlstian life and worship common to us all. We have also celebrated new appointments for I6n3nd Tom Young movin9 to begln hi3 eJJracy In FaSr Oak In June, arKI Rev Jlll Kells, appolntmenl as Prthl-in-charge al Boyatt Wood In April. 11 has been an exclling year in our Children, Youth and Familles ICYFI mSnlstrb88. wllh Messy Church belng particularfy well attended Ihroughovl the year, supplemented by joyful HolSday Club and Light Paty events. Secondary aged youngsters have benefitted from the establishing of regular Youth groupg on Sundays aTh mid-week plus opportunities for resxlential limes away focussed on growing in faith and having fun together. It has been delightful to seen young people stepping Into 'young-leader' roles wlth our prlmary aged groups ard events, and the Youth Band a beginning lo play regulady al All-Age services al Si Pauls. Suzanne and Alth have al80 increased our Ilme in both Hamble and Bursledon schoo15, by starting a lunchtime Chrfsll8n Union at Bursledon Federation and a 2r CU in Hamble {S8condary) Schod. We remain extremely gralelul lo all who continue to Serve and glve generously, their fa5thfulne55 enable8 US lo think creatively about developing our mission and ministy. Wllh recent rises In the cost of lfving, and utility prws in particular, we need to remain diligent arKI prayerful over the management of parlsh flnances and restyJrces. whilst encouraging new. regular givlrKJ. Finally, I would personally like to thank everyone who works with such wi15ingness. joy and dadatIOn, In tsir service of the Lord and the parish here. Your commitment to the misslon is very much appreciated.
The Par0th Churth Corril oflhe Parish of Bwslthn A¢¢owts Year End1 31° Dermbw 2023 Flnanclal Review Total receipts for the year on all funds were £232.018. This induded an unrestn.cled legacy of £60,299, and reslricled donations towards the furbI$hrnet of the Organ at Si Leonards of £8,336. Other Income has decreased slightly overall, against the previous year. Expenditure has risen by £10,178 this year. There were no substantial building repair costs, bul staff salaries were increased by £5,775, representing a percentage inuease roughly in-line with inflation which was particularly high during 2023. Ulililies increases of £5,838 was the other big increase. due to us coming out of a fixed-price contract. In lolal, £166.753 was spent to provide the Christlan ministry throughout the parish and overseas. this includes the contribution of £55,046 to the Common Mission Fund (paid lo the Diocege, which in the main provides for the stipends and housing for the clergy). The net result for the year 2023 was an Opaing Surplus of £65,265 before the annual depreciatiors write- down of assets of £20,191. After depreciation. the total fundlsl balance carried fomard on 31st December 2023 was £723,938 an Increase of £45,074 from the balances brought fojivard on 1* January 2023. Reiarve8 Pollcy Al Ihe end of 2023 the following fund balances remain.. Chlldren, Youth and Famllies £4.129 Youth Worker- DesiBrtated £14.458 Youth Worker- Restricted £2,870 Parish Discretiona Fund £1.082 Of an Fund £18.111 Bukedl St Pauls fabric fund St Leonards fabric fund Transformin Lives lor Good Unrestricted Fund5 £86 £375 £2.065 £159.432 Tho PCC operates the following reserves poly. The PCC will hold a minimum of 4 months of operating costs in unreslricled reserves, with the aim of holding 6 months operating costs. Our operating costs for 2023, were £166,753., requiring an unreslricled reserve been £55.S84 14 months) and £83,377 16 monlhsl. Going forward through 2024. Common Mission Fund is confirmed al £50.087 and our Income pretty steady, however we are expecting increases in our ulililies costs la full year al the higher ralesl and our salaries costs, potentially leading lo a defi¢il position. In addition we will use approx. £32.000 of reserves lo add a Solar Energy Inslallalion al St Pauls, and approx. £24,000 lo pay for Ihe Organ Refvrbishmenl {mainly from the Re51r¢d¢d Fund, shown in Ihe list above) Approved by the PCC on 11 March 2024 and signed on their b8haf by John Pawson {Vi¢ar) and Linda 8urt IPCC Lay Chair}. Rev. John Pawson jvicarl Linda Burt IPCC Lay Chair)
INDEPENDENT EXAMINERS REPORT TO THE TRUSTEES ON THE UNAUDITED ACCOUNTS OF ST LEONARDS & ST PAULS I report to the trustees on my examinatDn of the accounts of Panxhial Church Council of the Ecclesiastical Parish of Butsledon for the year ended 31 Dember 2023, which are set out on peS 5 to 15. Re8ponsibilitie8 and ba818 of report As Ihe Iruslees of the Charity you are spOnSible for the preparatn of the &counts in accordance with the requirements of the Charits'es Act 2011 (the '2011 Act,). I report in resFect of my examination of the trustee's accounts carried out undèr s6ctK)n 145 of the 2011 Act and in carrying Out my examination I have followed all the applicable directions given by the Charity Commission under section 14515llb) of the 2011 Act, Ind•p•nd•nt •xamlnerf• •iaiomont I have completed my examination. I confimi that no material matters have come to my attention in connection wsth the examination giving me cause to believe that in any malefial re8P8Ct.' 111 aoUntIng records were not kept in respect of the Charity as required by section 130 of the 2011 Act. or 121 the &oJunts do not accord those records; or 131 the accounts do not comply with the applicable requirements conceming the fomi and content of accounts sel out in the Charits'es {Accounls and Reports) Regulations 2C4J8 other than any requirement that the accounts give a 'lrue and fair view, which is not a matter consKleTed as part of an indeFendent examination. I have no concems and have come across no other matters in connection with the examination to which attention should be drw+m in this rerth in order to enable a proper understanding of the accounts to be reached. C J Goodhead FCA Knight Gcodhead Limited Chartered Acc¥)untants 7 Boumemoulh Road Chandlerfs Ford, Easlleigh Hampshire, S053 3DA Dated. 16 Lo
PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF BURSLEDON STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 310ECEMBER 2023 Unrestricted Restrlcted funds funds Total 2023 Total 2022 Notes INCOME thJnalh)ns and legxies Charitable acliwties Investment incorre Other income 195,992 11,042 2,915 27 21,7 110 217,78B 11.152 2,951 127 165,066 9,032 1,099 207 Total income 209,976 22,042 232,018 175,404 EXPENDITURE Charilabk &tivilies 152,418 34,526 186,944 176,766 Total oxpendlture 152,418 34,526 186,944 176,766 NET INCOMEI{EXPENDITURE) BEFORE TRANSFERS 57,558 (12,484) 45,074 (1,362) Trdnsfers between funds 11 NET MOVEMENT IN FUNDS 57,$58 (12,484) 45,074 (1,362) FUND BALANCES AT 1 JANUARY 2023 FUND BALANCES AT 31 DECEMBER 2023 150,953 208,511 527,911 515,427 678,864 723,938 680,226 678,864 11
PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF BURSLEDON BALANCE SHEET AS AT 31 DECEMBER 2023 Charfty numbor: 1132121 2023 2022 Notes FIXED ASSETS Tangible assets 521,330 538,242 CURRENT ASSETS Debtors Cash at bank and in hand 2,533 206,442 208,975 3,292 140,866 144,158 CREDITORS.. amounts falling due within one year. 10 {6,3671 13,536} NET CURRENT ASSETS 202,608 140,622 TOTAL ASSESTS LESS CURRENT LIABILITIES 723,938 678,864 FUNDS Unrestricled Designated Restricted 11 11 11 159,432 49,079 515,427 103,241 47,712 527,911 TOTAL FUNDS 723,938 678,864 Signed on behalf of the PCC by.. Trustse Date: IS..2*
PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF BURSLEDON NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2023 1 ACCOUNTING POLICIES {al Basis of Munting The finanaal statements have been wepared in xcOrdan Yith applKatle aco)untiNJ sdards, the Charibes Act 2011 and the Slalement of Recommended Pr. appltre lo charities preparing their accounts in accord)ce with FRS 102 (effeth've January 2019>. The A)untS have been prepared on the going nCern basis. There are material uncertainties atM)Ut the charity's atility to continue. The charity is a wblic benefft ganIsatM. {b} Fund nts'ng General fijnds represent the funds of the PCC that are not sublt to any restrithns a% to their use and are available for applicat]on on the general purpxes of the PCC. FurKls desKJnated for a particular purpose by the PCC are also unrestric. Resth'cted fijnds are Itw fvnds that must spent on restricted JKI the deiails of the fvnds held and restrictsons are provKled in note 11. {c} Income The finarrial st*ments indude all transthns, assets and liabilitss f which the PCC is respwJns1b in law. They do not include the financial ststements of church gr(p$ that tt1r man affiliation to wther Ivjy nor those that are infornal gatherings of churth members. Donations and legaci Collections are recognised when receiv&J by or on behalf of the PCC. Planned giving receivable under Pge is rec(>Jnised only vthen receNed. Income tax recoverable on grft aid donats'ons i8 recognised when the income is recognised. Grant and legaCS to the PCC are axounbj for as SO a8 the PCC is notified of its legal entitthent and the amount due. Charltable income Funds raised from thurch events are &counted for rKelVab. Income is deferred wthen reNed ts the purpose of fvnding missions to LE caJriwJ out in the future. Investment inc(xn8 Dividends and InteSt are aUntl for when Nab. Other income Other Incrne ts for when
PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF BURSLEDON NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2023 (continued) 1 ACCOUNTING POLICIES (nbnued) Id) Expenditure Expenditure is recognised on an wuals basi8 as a liaLMIty is 1ThrrJ. It ISUde$ any VAT whKh cannot be fully recovered, and is allocatEIJ to the &tivity for which it relates. Charitable Activiti05 Dtiesan Parish Share is axount&J then payable. Grants and donations are 0)Unted for l)en pavj over. All costs are alkKated ben the exFeThJiture categories of the Statement of Financial Acliviti'es on a basis designed to le¢1 the use of the resou. Costs relating to a partilar &tiw'ty are alkKated diwdy, others are appwjrb'oned tEtween thitie5 in line with their resptttive of irKxJme r1ved. 18) Tangible Fixed assets Depreciation is pro?ded on all tangible fixd awts at rates cthlated to lte off the o)st or valuats'on. eslimaled resKlual value of each asset over its eXpECt useful lrfe as follo*s: Land Nil. Freehold Property 2% rer annum on CJ)St. FittJ'rwJs and Equiptrtht 33% Straight lir Included in the Freehokl Property is the church, whth is the pn)pety of the PCC but wthin the (Jeeds of the property there is a ca%eat that shouhd the thurth be sokj then the of Winchester reserves Ihe right lo direct the way the proceeds are invested. (fj Operating Leases Payments under operating are char1 to profft arKI k)ss axount as they are incurred. (g) Pensions The charity parlicApates in a defined Ctill1)n pensi)n xheff£. thtributions in resrttt of this scheme a charged lo the Stalefflent of Finanaal Acbvibes frK year in vthich they we payable. Timing drfferen betwe8n )ntributions payable and contribjbons xtuaily paKI in the year e SINI as either axruals or prepayments at the yearend. (h) Bas financial instrurrents The church only enters into bas financial instrument trans&tK)ns that result in the reo)gniti'on of finawaj assets and liabilities like trade and other debtor5. cash at bank and cr&Jitors. These basic financial instruments are measured and trans&tion pr. Financid assets and lia.1[beS daSSrfd as due within ¢)ne ye¥ we not amortised. 2 ADMINISTRATIVE INFORMATION The charity is unincortK)rated and was registered on 14 Cktober 2LK)9 the Chanty CMiSsion in England and Wales. The registered number is 1132121. The registered offKe of the thanty is St Paub Church. Church ofte. Chanbedayne Roal, Bursdon, Southamplon, S0318DT
'PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF BURSLEDON NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2023 (continued) 3 INCOME Unrestrlctsd RestrTCted lund• funds Total 2023 Total 2022 DONATION AND LEGACIES Planned giving Income tax recoverable Legacies 102,945 25,999 60,299 189,243 6,130 1,374 109,075 27,373 60,299 196,747 107,383 30,398 7,504 141,781 Collections (open plat8) at all servv%s 1,612 1,632 2,062 Grants 2,423 Sundry donations 5,037 14,272 19,309 18,8CX) Tal Incom• from donorn 195,992 21,796 217,788 165,066 INCOME FROM CHARITABLE ACTIVITIES Room use donations Service fees 7,554 3,488 11,042 110 7,664 3,488 11,152 5,212 3,820 9,032 INVESTMENT INCOME Interest received Rent rerEivable 1,908 1,007 2,915 434 665 1,099 1,Cl)7 2,951 OTHER INCOME Other inoyne 27 1CQ 127 207 TOTAL INCOME 209,976 22,042 232,018 175A04
'PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF BURSLEDON NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2023 (continued) 4 EXPENDITURE Total 2022 funds 2023 GRANTS Other charitabte givirKJ 751 751 7,639 7,639 3,358 3,358 DIRECT CHURCH ACTMTIES Di¢xesan Quota Church running expenses Salaries (note 8) Subscription and training Church maintenance Power and utilities Youth, training and suprth groups TLG expenses Depreciation Sundry expenditure 55,046 5,578 61,599 59.121 5,118 55,824 1,102 9,542 8,806 1,144 1,204 19,265 4,508 165,634 3.072 50.445 2,5C6 11,154 8,957 14,644 187 8,957 14,644 257 954 18,278 626 33,775 954 20,191 4,695 172,108 1.913 4.9 138,333 CHURCH AND OFFICE ADMINISTRATION Photocopying and stationery Telephone Insurance Independent examination and WJuntaKy 1,18B 876 1,188 876 3,483 1,650 7,197 2,059 908 3,277 1,530 7,774 1,650 7,197 TOTAL EXPENDITURE 152,418 34,526 186,944 176,766 Included within untancY atrVe ¥e amounts due to ireent exnInerS in relalion to independent examinabon of £1,650 {2022: £1,530). 10
'PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF BURSLEDON NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2023 (continued) 5 GRANTS Grants and donations totslled £7,63912022.' £3,358}, No donations were male to insbtutions that tolalled mre than £1,W). 6 STAFF COSTS 2023 2022 Wajes and salaries Pension 59,195 2,404 61,599 53,424 2,4CNJ 55,824 The average number of staff employ&J during the year was 412022.. 41. No employee received emoluments of £60,000 or mre during this year or the prior year. No members of key management personnel were paid on an employed basis during thi5, or the prior, year. The ro18 of Vicar is not paid direcuy by the church, and the Church Wardens (x21 are unpaid posts. During the year or the prior year no Iruslees received any enM)lumenl, were paid any exp8n8es or were reimbursed for exFWKliture incurred on behalf of the charity. Totsl pension contributions of £2,40412022. £2,400) were paid by the charity and are included in the SOFA. There were no outstanding contributions payable al the end of this year or the prior year. 7 TANGIBLE ASSETS Flttlng• & Equlpm?nt Church C•ntr• Mootlng Room Land Total COST Al beginning of year AddilKJns Disposals Al end of year 140,847 3,279 15751 143,551 913,9)7 41,fAIO 11,000 1,106.754 3,279 5751 11,OCrf) 1,109,458 913,9)7 41,CQO DEPRECIATION Al beginning of year Charge for year Disposals At end of year 140,847 1.093 {5751 141,365 408,920 18,278 18,745 820 568,512 20,191 15751 588,128 427,198 19,565 NET BOOK VALUE At end of ye At beginning of year 2,186 486,709 504,987 21,435 22,255 11,OCHJ 11,OCM) 521,330 538,242 The freehold property of the Church Centre (St Paul's} is held by the Winchester DIOan Board of Finance as custodian trustees on behalf of the Bursledon Parochial Church Council. The land may only be used for pKxlesiastical purposes relating to the Parish. In the event of a sale, the prcceeds must be applied for an ecdesiastical purpose but this could relate lo the Who of the DiCeSe of Winchester. 11
PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF BURSLEDON NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2023 (contlnuod) 8 DEBTORS 2023 2022 Income tax recoverable Other debtors 3.292 627 2,533 3,292 9 CASH AT BANK AND IN HAND 2023 2022 Cash at bank and in h Deposit xcounts 75,265 131,1TI 206,442 24,456 116,410 140,866 10 CREDITORS.. amounts falling due *ithin one year 2023 2022 Accruals Other creditors 1,470 2,C6 3,536 4,807 6,367 12
PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF BURESLEDON NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2023 (continued) 11 MOVEMENT IN FUNDS Balance at 1Jan 2023 Incune ExndIrg Transfers Balanc• at 31 Dec 2023 funds Restricted fund• Capilal fijnd Bukedi Chibjren, youth and families ICYFI Parish DI5¢tionary Fund St Pauls fabric fund St Leonards fabric fund Transfomiing Lives for Go(NJ Organ Restorab'on Youth Worker'22-'24 504.987 701 4,273 (18,278) (701) (542) 150) 486,709 4,129 1,082 86 375 2,065 18,111 2.870 132 375 4.055 9,775 2.659 1.710 8,336 11.466 (3,7QX)) {11,255) 527,911 22,042 134,526) 515,427 Designatsd lund8 Capital fund Chiklren, youth and families (CYF) 33.254 14.458 47.712 (1,913) 3,280 34,621 14,458 49,079 11,9131 3,280 Olher unmtricled funds 103,241 209.976 {150,5051 {3,2801 159,432 Totsl funds 678,864 232,018 1186,944) 723.938 The restrKted fvJ$ are estsblIs the folknying wrrM%es'. Cawtsl fund to Tefiect the carrying vdue {i.e. historic o)st kss depreciats'on} of the Church Iwilding as stated wthin tangible fixed assels. Chlldren, youth and farnilies to fund the resources of the Chikjren's Youth and Family wod(. Parish Discretionary Fund to support the Parish HorrE miSsn at the discretion of the PCC. St Pauls fabrlc fund to fund xttvities for the Maintenan of tr£ St. Paul's building. to fund &tsvibes for the Mantenan of the St. Ltrjnaftl's Church. St Leonards fabrlc fund Bukedi 'BukgJi DK(ese in Ugara - ttEse fuThYs predominantly support the training of students at the Papa Keith Vallonal Instiiute (PKVI). to furKI the TransfomiirvJ LibE5 for G(XMJ xlivty. Transforniing Lives for Good Organ Rastorntion Youth Worker'22-'24 to fund the restoratffi of Ihe organ. to fuTKI a youth Thrrker. De8lgnated Capltsl fund refkcts the carryrng vaiue fi.e. histor rA)St sS depreciation) of tangible fixed assets, ep1 for the Church building whith is included in restricted funds. to fund a part til pad youth worker. Designated Childron, youth and families 13
PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF BURSLEDON NOTES TO THE AccouKfs FOR THE YEAR ENDED 31 DECEMBER 2023 (contlnued) 12 ANALYSIS OF FUNDS Restricted Unmtrlct funds funds Total 2023 Fund balanS as 8t 31 December 2023 are rented by." Tangible fixed assets Current assets Current liabilities 486,709 28.718 34,621 180,257 {6,36n 208,511 521,330 208,975 (6,364 723,938 515,427 Restrictsd Unmtrictsd funds fund¥ T¢)tal 2022 Fund balances 8s at 31 Dember 2022 are represented b Tangible fixed assets Current assets Current liabilitss .987 22,924 33,255 121,234 13,5361 150,953 538,242 144,158 {3,5361 678,864 527.911 13 PRIOR YEAR MOVEMENT IN FUNDS Balance at 1Jan Transfer8 8alance at betwo8n 31 Doc lunds 2022 Income Expnditure Restricted fund¥ Caprtal fund Bukedi Children, youth and families ICYF) Parish Discretionary Fund Expectancy St Pauls fabric fund St Leonards fabr fund Transfom)ing Lives for Organ ResloratKin Youth Worker'22-'24 523.265 701 5.518 {501 (18.2781 504,987 701 4,273 1,000 {1,1491 12401 {961 1,115 {5661 175 86 375 4.055 9,775 2.659 527,911 275 2.939 100 2,320 9,475 12.110 (1,204) 300 648 {10,099) {30,970) 533,3(M) 24,180 1,401 Designated funds Capitsl fund Children, youth and families (CY 34,241 14.458 48,693 (987) 33,254 14,458 47,712 1987) Other Unrn8trfct fun 98,227 151,224 1144,809} 11,401) 103,241 Total lunds 680226 175A04 (176,766) 678,864 14
PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF BURSLEDON 14 PRIOR YEAR STATEMENT OF FINANCIAL ACTIVITIES Unrastrfct•d Rastrlctad funds funds Total 2022 Notes INCOME tknnations and legacies Charitable activities Investrnent income Other income 141,068 8,962 1,096 98 23,998 70 165,066 9,032 1,099 207 109 Total Income 151224 24,180 175,404 EXPENDITURE Charitable tivitieS 145,796 30,970 176,766 Total •xpondlturo 145,796 30,970 176,766 NET INCOME BEFORE TRANSFERS 16,790 (1,362 Transfers b9fvn funds (1,4011 1,401 NET MOVEMENT IN FUNDS 4,027 15,389) (1,362} FUND BALANCES AT1 JANUARY 2022 146,926 533,300 691,642 FUND BALANCES AT 31 DECEMBER 2022 150,953 527,911 690,280 15