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2023-12-31-accounts

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Unrestricted Restricted TOTAL FUNDS
Funds Funds 2023 20.22
Ef
lncomingResources
Voluntary lncome 2(a) 50,776 34,665 85,441 71,880
Activities for Generating Funds 2(b) 44,205 0 44,205 43,331
lncome from lnvestments 2(c) 60,942 1,608 62,550 52,008
lncome from Church Activities 2(d) 1,137 0 1,137 1,454
Other Incoming Resources 2(e|0 7,544 7,544 0
Total lncomingResources 157,060 43,817 200,877 168,673
Resources Expended
Church Activities 3(a) 146,983 10,297 157,280 164,848
RaisingFunds 3(b) 0 0 0 0
TotalResources Expended 146,983 10,297 157,280 164,848
NETTNCOMTNG(OUTGOTNG)
RESOURCES 10,077 33,520 43,597 3,825
Gains & Losses on lnvestments 60,000 1,112 61,112 -1,577
NET MOVEMENT ONFUNDS 70,077 34,632 104,709 2,248
Balances brought forward at 1.1.2023 318,993 136,158 455,151 452,903
Balancescarried forward
at31,12.2O23 389,070 170,790 559,860 455,151


Prior yearSOFAforcomparative purpo
ses
Note Unrestricted Restricted TOTALFUNDS
Funds Funds 20'22
gc
lncomingResources
Voluntary lncome 2(a) 54,617 17,263 71,880
Activities for Generating Funds 2(b) 43,331 0 43,331
lncome from lnvestments 2(c) 51,477 531 52,008
lncome from Church Activities 2(d) 1,454 0 1,454
Other lncoming Resources 2(e) 0 0 0
Total lncomingResources 150,879 17,794 168S?3
Resources Expended
Church Activities 3(a) 157,603 7,245 164,848
RaisingFunds 3(b) 0 0 0
TotalResources Expended 157,603 7,245 164,848
NETINCOMTNG/(OUTGOTNG)
RESOURCES -6,724 10,549 3,825
Gains&(Losses) on lnvestments -1,577 -1,577
l{ETMOVEMENT ONFUNDS -6,724 8,972 2,248
Balances brought forward at 1.1.2022 325,717 127,186 452,5O3
Balancescarried forward
al31,'12.2o.22 318,993 136,158 455,151

Note 20.23 2022
FixedAssets
TangibleFixedAssets 0 0
lnvestment Assets
31 FairfieldRoad 300,000 240,000
Church of England lnvestment Fund
-lncome Shares
12,930
312.930

11,818
251.8,r 8
GurrentAssets
Debtors-Church 4,827 2,606
Debtors-Tax recoverable 26,435 27,140
Debtors-House&Hall 3,400 7,648
Short term deposits 125,636 126,220
Cashatbank and inhand-Church 63,694 10,081
Cashatbank - House &Hall 3s,9s3 33,730
Cashatbank andin hand-Magazine 2,017 1,838
Cashatbank andin hand-Memorial books 4,153
Cashatbank-Baby &Toddler Group 524
Cash atbank- Christmas Journey 791
261,962 214,691
Liabilities:amountsfallingdue
withinoneyear
Sundries 13,167 5,783
Prepayments re House &Hall 1,865 5,484
Magazine 91
15,032 11,358
Netcurrent assets 246,930 203,333
NETASSETS 559,860 455,151
FUNDS
Unrestricted 389,070 318,993
Restricted 170.790 136.158
559,860 455,151

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UnrestrictedRestricted UnrestrictedRestricted TOTALFUNDS TOTALFUNDS
Funds Funds 2023 2022
ET TE
2(a)Voluntary lncome
Plannedgiving:
GiftAid donations 35,678 35,678 37,276
lncome tax recoverable 9,525 9,525 10,766
Other planned giving 2,920 2,920 5,30'1
Other collectionsat allservices 1,789 1,215 3,004 2,335
Grants 4,500 4,500 1,954
Donations, appeals etc 864 24,500 25.364 12,748
lncome tax recoverable on other income
Legacies
00
50,776
4,450

34,665
4,450
0
1,500
0
2(b)ActlvitiesforGeneratingFunds
Sales and other Fund Raising events 50
ChurchHalllettings 44,155
44,245
2(c)lncomefrom investments
Dividends and interest 1,148 1,608 2,756 730
House andHall- Flats and office
lettings 44,352 44,352 36,321
31 FairfieldRoad 15,442 15,M2 14,957
62,550 52,008
2(d) lncomefromGhurchActivities
Magazines 634 634 475
Memorial books 120 120 122
Fees 383
'1.137
383
1.137
857
'.t.454
2(e)Other lncomingResources
lnsurance claim 7,544 7,544
7,5M 7,544
TOTALINCOMINGRESOURGES 157,060 43,817 200,877 168,673

3.RESOURGESEXPEI{DED
Unrestricted Restricted TOTAL FUNDS
Funds Fgnds 2023 2022
e
3(a)GhurchActivities
Missionary&charitable giving:
Church overseas:
Missionary societies 600 600 1,213
Relief&development agencies 325 325 550
Home missions&other church societies 2,065 8S0 2,955 2,047
Secular charities 0 276
2,665 1,2',15 3,880 4,086
Ministry:
Diocesan offer 59,647 353 60,000 63,000
Clergy & Ministry team expenses 5,067 5,067 4,421
Church running expenses:
Heating &lighting 2,490 2,490 2,342
lnsurance 6,858 6,858 6,346
Cleaning 1,467 1,467 1,605
Church maintenance
General maintenance 5,305 5,305 5,173
Boiler repairs 2,700 2,700 0
Repairs covered by insurance 7,544 7,544 0
Upkeepofservices
Altar wine, candles etc 495 495 158
Flowers 446 536 982 669
Upkeepofchurchyard 475 475 460
Magazine&bookstall 364 364 385
CostofYouth work 214 214 109
Hall running & repair costs 43,913 43,913 62j49
Upkeepof31 FairfieldRoad 3,102 3,102 1,932
Organist honoraria 2,350 2,350 2,500
Other 1,694 108 1,802 2,119
Parish administrator&expenses 5,340 5,340 5,246
Printing&stationery 2,039 2,039 't,695
Bank Charges 287 287 168
Margaret Turner fund payments 541 541 223
MemorialBooks 65 65 62
146,983 10,297 157,280 164,848
3(b) RaisingFunds
Stewardship costs 0 0
0 0
TOTALRESOURGESEXPE'{DED 146,983 10,297 157,280 164,848
2023 2022
4.CONTRACTORCOSTS
Organists 2,350 2,500
ParishAdministrators
Cleaners
e 10,373
30,092
17,369
'10,339
31,368
18,529

3'lFairfieldRoad Freehold Total
e
VALUATION asat31 December 2022 240,OOO 240,000
INCREASEINESTIMATED VALUE 60,000 60,000
VALUATIONasat 31 December 2023 300p00 300,000
6.ANALYSISOFASSETSBYFUND UnrestrictedRestricted UnrestrictedRestricted TOTALFUNDS TOTALFUNDS
Funds Funds 2023 2022
TE E E
Fixed assets 0 0 0 U
lnvestments 300,000 12,930 312,930 251,818
Current assets 104,102 157,860 261,962 214,691
Liabilities -15,032 -15,032 -11,358
Fund balance r@ 559,860 455,151
Analysisbyfund: UnrestrictedRestricted TOTALFUNDS
Funds Funds 2023 2022
EE t L
Augmentation
BATS
250 12,930
274
12,930
524
11,818
524
Christmas Journey 791 791 791
31 FairfieldRd- Church Repairfund 4,877 4,877 5,753
31 FairfieldRd- Property 300,000 300,000 240,000
Fabric 28,179 28,179 28,508
General 751 751 1,897
House &Hall 37,488 37,488 22,894
Roof(Knight) 45.263 45,263 44,757
Magazine 2,A17 2.017 1,747
Margaret TurnerFund 31,943 31,943 32,121
Memorial BooksFund 4,251 4,251 4,'196
Murals 48,868 48,868 15,776
Organ
Special purposes
11,257 18,694

12,027
18,694
23,284
18,486
25,883
E@ 559,860 455,151
AugmentationFund
Analysis ofFunds:
Funds
Funds
UnrestrlctedRestricted
Funds
Funds
UnrestrlctedRestricted
Funds
Funds
UnrestrlctedRestricted
TOTAL FUilDS
2023
2022
TOTAL FUilDS
2023
2022
TheincomefromtheAugmentation Fundisto be
Balance1stJanuary 2023
Dividends
Clergy stipend
Unreallsed gain/loss
usedtowards the costofclergy stipends.HeldbytheDiocese.
1 1,818
353
-353
11,818
13,395
353
351
-353
-351
1,112
1,112
-1,577
Carried forward 12,930 11,818
BATS
Restricted fundsoftheBabyand Toddlergroup.
Balance1stJanuary 2023 2s0 274 524 274
Total income 0 0 0
Total expenditure 0 0 0
Transfer from general fund 0 250
Carriedforuvard 250 274 5A 524
GhrlstmasJourney
Monies received and spent running the Christmas Journey
Balance1stJanuary 2023 791 791 791
Total general income 0 0 0
Total expenditure 0 0 0
Carriedforward 791 791 791
3lFairfieldRoad Fgnd
The 31 Fairfield Road Fundisthe original costof 31 Fairfield Roadplus amounts set aside forthefuture
maintenanceofthehouse.
Balanceinchurchrepairfund1stJanuary 2023 5,753 5,753 5,925
Halfof market value(2023) 300,000 300,000 240,000
Transfers from general church fund 690 690 690
lnterest received 152 152 28
Repairs to property paidbyfund -1,s24 -1,520 -890
Quinquennial inspection
Carried foruard
-198
---trr'fr7
-198
304,877
0
245,753
FabricFund
Moniesin thefabric fund have been givenordesignatedfor worktothe church building. HeldbytheDiocese"
Balance'1stJanuary 2023 28,508 28,508 26,840
Transfers from general church fund 't,530 1,530 1,s30
lnterest 841 841 138
Payments from fund for church repairs
Carriedforuvard
General GhurchFund
BalancelstJanuary2023 1,897 1,897 2,712
Total general income 66,3s1 1,215 67,566 73,726
Total general expenditure -97,777 -1,215 -98,992 -100,071
Transfer to ChurchRepairfunds -2,224 -2,220 -2,220
Transfer toBATS 0 0 -250
Transfer from House &Hallfunds 30,000 30,000 25,000
Transfer from SpecialPurposesfund
Carriedfonuard
House&Hallfunds
Monies received through the operationofthe "House& Hall" complex,anysurplus being availabletofinance
the general expenditureofthechurch.
Balance1stJanuary 2023
22,894 22,894 27,181
Total income 88,507 88,507 82,862
Total expenditure
Transfertogeneral church funds
-43,913 -43,9't3
-30,000
-62,149
-25,000
Carried forward 37,488 22.894
KnightBequest
The Knightbequestwas giventothePCCspecifically for repairstothe churchroof.
Balance'lstJanuary 2023
lnterest
44.757
506
44,757
506
44,673u
Roof repairs 0 0
Carriedfonrvard 45,263 45,263 44,757
UnrestrictedRestricted UnrestrictedRestricted UnrestrictedRestricted UnrestrictedRestricted TOTALFUNDS
MagazineFund Funds Funds 2023 2022
Monies received for the publicationofthe church magazine.
Balance1stJanuary 2023 1,747 1,747 1,657
Total income 634 634 475
Total expenditure -364 -364 -38s
Carriedforward 2,017 1,747
MargaretTurnerFund --2fi7
The Margaret TurnerBequestwas given to aid missionary outreachtothe community
and the spiritual educationofthe parishioners.
Balance'tstJanuary 2023 32,121 32,121 32,283
Courses 0 0 -121
Refreshments after special services -139 -139 0
160thCommemoration 402 -442 -102
lnterest 363 363 61
Carried forward 31,943 31,943 32,121
Memorial Books
Monies receivedin returnfor entriesinthe church memorial books.
Balance1stJanuary 2023 4,196 4,196 4,136
Total income 120 120 122
Total expenditure -65 -65 -62
Carriedforward 4,251 4,251 4,196
OtganFund
The moniesinthe organ fund havebeengiven forrepairsto the church organ.
Balance1stJanuary 2023 18,486 18,486 18,451
Repairs (not routine maintenanc€) 0 0 0
lnterest 208 208 35
Carriedfonrvard 19,694 18,694 18,486
SpecialPurposesFunds:
Moniesinthe Special Purposes Fund have been designated or restrictedtofinance special worthwhile projects
within the Church which fall outsideitsgeneralrunningexpenses.
Balance1stJanuary2023 13,748 12,135 25,883 29,416
Donations & related tax 300 536 836 '151
Purchases-Grace caf6 equipment -108 -108 -48
Purchases-church flowers -446 -536 -982 -669
lnterest 155 155 33
Transferred to GeneralFund -2,500 -2.s00
Carriedforward 1',t,257 12,027
MuralsFund
Balance1stJanuary 15,776 15,776 s,'t69
Fundraising/donations 23,964 23,964 9,107
Grants 4,500 4,500 0
lnterest 178 178 0
Expenditure 0 n 0
lncome tax receivable 4,450
Carried forward 31st December 48,868

SummarisedAnalysis ofFunds
At Transfers,
1January
2023 lncomeExpenditure
EE€
other gains
andlosses
e
At
31 Dec 2023
Unrestricted Funds-undesignated 1,897 66,351 -97,777 30,280 751
UnrestrictedFunds-designated
31 Fairfield RoadFund- churchrepairfund 5,753 152 -1.718 690 4,877
31 Fairfield Road Fund - property 240,000 60,000 300,000
BATS 250 250
FabricFund 28,508 841 -2,700 1,530 28,179
House & HallFund 22,894 88,507 -43,913 -30,000 37,488
Magazine Fund 1,747 634 -364 2,017
MemorialBooks
Special PurposesFund
4,196
13,748
317,096
120
455
90,709
-65
-446

-49,206
29.720
-2,500
4,251
1',l
RestrictedFunds
AugmentationFund 11,818 353 -3s3 1,112 12,930
BATS 274 0 0 274
Christmas Journey 791 0 0 79'l
General ChurchFund 0 1,215 -1,215 0
Knight Bequest 44,757 506 0 45,263
Margaret TurnerFund 32,121 363 -541 31,943
OrganFund 18,486 208 0 't8,694
Special PurposesFund
MuralsFund
12,135
15,776
136,158
536
33,092
36.273
-644
0
-2.753
1,112 12,027
Tota!funds 455,151 193,333 -149,736 61,112 559,850