## 

## 

||||Page|
|---|---|---|---|
|Trustees' report|||1to 16|
|Independent|examiner's|report|17|
|Statement of|financial activities||18|
|Balance sheet|||19|
|Statement of|cash flows||20|
|Notes to the financial statements|||21to 29|





## 

## 

## 



## 



## 

## 



## 

## 



## 

## 



## 

## 

## 

## 

## 

## 



## 

## 

## 



## 

## 

## 

## 



## 

## 



## 

## 

## 

## 

## 



## 

## 

## 

## 

## 

## 



## 

## 

## 



## 

## 

## 

## 

## 



|||STPAUL'5 CHURCH SALISBURY|STPAUL'5 CHURCH SALISBURY|STPAUL'5 CHURCH SALISBURY||||||
|---|---|---|---|---|---|---|---|---|---|
|STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING<br>INCOME AND EXPENSES ACCOUNT)<br>FOR THE YEAR ENDED 31DECEMBER 2022||||||||||
||Unrestricted<br>Funds 2022|Restricted<br>funds 2022|Endowment<br>funds 2022|Total funds<br>2022|Unrestricted<br>Funds 2021||Restricted<br>funds|Endowment<br>funds 2021|Toto(funds<br>2021|
||||||||2021|||
|Note<br>INCOME AND ENDOWMENTS|6|E||E||E||||
|FROM:||||||||||
|Donations<br>and legacies<br>Charitable<br>activities<br>Other trading activities:|402,386<br>34,899|49,106||451,492<br>34,899||433,784<br>16,085|49,18$||482,972<br>16,085|
|Letting income<br>Investments|38,836<br>1,379|||38,836<br>1479||17,254<br>57|||17,254<br>57|
|TOTAL INCOME AND||||||||||
|ENDOWMENTS|477,500|49,106||526,606||467,180|49,188||516,368|
|EXPENDITURE ON:||||||||||
|Costs of raising funds:||||||||||
|Letting expenses<br>Charitable<br>activities<br>68t7<br>6&7|43,110<br>400,284|55,580||43,110<br>455,S64||28,959<br>436,130|3B,S54||28,959<br>474,984|
|TOTAL EXPENDITURE||||||||||
||443,394|55,580||498,974||465,089|38,854||503,943|
|NET INCOME/||||||||||
|(EXPENDITURE) BEFORE||||||||||
|TRANSFERS|34,106|(6,474)||27,632||2,091|10,334||12,425|
|Transfers between<br>Funds|5,068|(5,068)||||35,615|(34,733)|(882)||
|NET INCOME/||||||||||
|(EXPENDITURE) BEFORE GAINS||||||||||
|AND LOSSES|39,174|(11,542)||27,632||37706|(24399)|(882)|12,425|
|NET MOVEMENT<br>IN FUNDS|39,174|(11442)||27,632||37,706|(24,399)|(882)|12,425|
|RECONCILIATION<br>OF FUNDS:||||||||||
|Total funds brought forward||||||||||
|(Note 17)<br>TOTAL FUNDS CARRIED|610,989|58,960||669,949||573,283|83,539|882|657,704|
|FORWARD (NOTE 17)|650,163|47,418||697,581||610,989|58,960||669,949|





|||||ST PAUL'5 CHURCH SALISBURY|ST PAUL'5 CHURCH SALISBURY||||
|---|---|---|---|---|---|---|---|---|
|||||BALANCE SHEET|||||
|||||AS AT31DECEMBER|2022||||
||||||2022||2021||
|FIXEDASSETS|||Note||E||6||
|Tangible assets|||12||540,406|||550,171|
|CURRENT ASSETS|||||||||
|Stocks<br>Debtors<br>Cash at bank and in hand|||13<br>14|499<br>9,062<br>236,197|||595<br>8,255<br>197,889||
|||||245,758|||206,739||
|CREDITORS: amounts|falling due||||||||
|within one year|||15|(34,569)|||(22,387)||
|NET CURRENT ASSETS<br>TOTAL ASSETS LESSCURRENT LIABILITIES||||211,189<br>751,595||||184,352<br>734,523|
|CREDITORS: amounts|falling due||||||||
|after more than one|year||16|(54,014)||||(64,574)|
|NET ASSETS||||697,581||||669,949|
|CHARITY FUNDS|||||||||
|Restricted funds<br>Unrestricted<br>funds|||17<br>17|47,418<br>650,163||||58,960<br>610,989|
|TOTAL FUNDS||||697,581||||669,949|
|The financial statements||were approved|by the Trustees|on|||||
|and signed on their behalf, by:|||||||||
|||||||lg|oi( 2-)||





||||||STATEMENT OF CASH FLOWS|||
|---|---|---|---|---|---|---|---|
|||||FOR|THE YEAR ENDED 31DECEMBER|2022||
|||||||2022|2021|
||||||Note|||
|Cash flows from|operating|activities||||||
|Net cash provided|by operating<br>activities||||19|38,241|25,859|
|Cash flows from|investing|activities:||||||
|Interest||||||1,379|57|
|Purchase oftangible<br>fixed||assets||||(1,312)|(7,428)|
|Net cash used in|investing|activities||||38,308|18,488|
|Change<br>in cash and cash equivalents|||in the|year||38,308|18,488|
|Cash and cash equivalents||brought|forward|||197,889|179,401|
|Cash and cash equivalents||carried forward|||20|236,197|197,889|





||STPAUL'S CHURCH SALISBURY|
|---|---|
||NOTES TO FINANCIAL STATEMENTS|
||FOR THE YEAR ENDED 31DECEMBER 2022|
|1.|ACCOUNTING<br>POLICIES|
||1.1 Basis ofpreparation<br>offinancial statements|
||The PCC is a public benefit entity within the meaning of FRS102.The financial statements<br>have been prepared<br>under the<br>historical cost convention<br>with items recognised at cost or transaction<br>value unless otherwise<br>started<br>in the relevant<br>note(s) to<br>these accounts.|
||The accounts have been prepared<br>in accordance with the Statement ofRecommended<br>Practice (SORP (FRS102)):Accounting<br>and Reporting<br>by Charities<br>preparing<br>their accounts<br>in accordance<br>with the Financial Standard<br>applicable<br>in the UK and Republic<br>of Ireland(FRS 102)issued<br>in 2019and with the Charities Act 2011.|
||These accounts have been prepared<br>on a Going Concern basis as there are no material<br>uncertainties<br>about the ability to<br>continue.|
||The accounts are shown<br>in Pounds Sterling|
||1.2 Income|
||All income is recognised<br>once the charity has entitlement<br>to the income, it is probable that the income will be received and the<br>amount ofincome receivable<br>can be measured<br>reliably.|
||Income tax recoverable<br>in relation to donations<br>received under Gift Aid or deeds ofcovenant<br>is recognised at the time ofthe<br>donation.|
||Income tax recoverable<br>in relation to investment<br>income is recognised<br>at the time the investment<br>income<br>is receivable.<br>Government<br>grants are recognised<br>when received.|
||Other income is recognised<br>in the period<br>in which it is receivable<br>and to the extent the goods have been provided or on<br>completion ofthe service.|
||1.3 Expenditure|
||Expenditure<br>is recognised once there is a legal or constructive<br>obligation to transfer economic benefit to a third party,<br>it is<br>probable that a transfer ofeconomic benefits<br>will be required<br>in settlement<br>and the amount ofthe obligation<br>can be measured<br>reliably. Expenditure<br>is classified<br>by activity. The costs ofeach activity are made up ofthe total ofdirect costs and shared costs,<br>including<br>support costs involved<br>in undertaking<br>each activity. Direct costs attributable<br>to a single activity are allocated directly<br>to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable<br>to a single<br>activity are apportioned<br>between those activities on a basis consistent<br>with the use ofresources. Central staff costs are<br>allocated on the basis oftime spent, and depreciation<br>charges allocated<br>on the portion ofthe asset's use.<br>Fundraising<br>costs are those incurred<br>in seeking voluntary<br>contributions<br>and do not include the costs ofdisseminating<br>information<br>in support ofthe charitable<br>activities. Support costs are those costs incurred<br>directly<br>in support ofexpenditure<br>on<br>the objects ofthe charity and include project management<br>carried out at Headquarters.<br>Costs ofgenerating<br>funds are costs incurred<br>in attracting<br>voluntary<br>income, and those incurred<br>in trading<br>activities that raise<br>funds.|
||Charitable<br>activities and Governance<br>costs are costs incurred<br>on the charity's<br>educational<br>operations,<br>including<br>support costs<br>and costs relating to the governance<br>ofthe charity apportioned<br>to charitable<br>activities.|
||1.4 Tangible fixed assets and depreciation|
||A review for impairment<br>ofa fixed asset is carried out ifevents or changes<br>in circumstances<br>indicate that the carrying value of<br>any fixed asset may not be recoverable.<br>Shortfalls between the carrying value offixed assets and their recoverable<br>amounts<br>are<br>recognised as impairments.<br>Impairment<br>losses are recognised<br>in the Statement<br>offinancial activities.<br>Tangible fixed assets are carried at cost, net ofdepreciation<br>and any provision for impairment.<br>Depreciation<br>is not charged on<br>freehold<br>land. Depreciation<br>is provided<br>at rates calculated to write offthe cost offixed assets, less their estimated<br>residual<br>value, over their expected useful lives on the following<br>bases:|
||Fixtures and fittings -2096straight<br>line|
||General equipment<br>-2096straight<br>line|
||Computer<br>equipment<br>-3396straight<br>line|
||Car park improvements<br>- 1096straight<br>line|
||1.5 Interest receivable|
||Interest on funds held on deposit<br>is included<br>when receivable<br>and the amount<br>can be measured<br>reliably<br>by the charity; this is<br>normally<br>upon notification ofthe interest<br>paid or payable<br>by the bank.|





||STPAUL'S CHURCH SAUSBURY||
|---|---|---|
||NOTES TO FINANCIAL STATEMENTS||
||FOR THE YEAR ENDED 31DECEMBER 2022||
|1.|ACCOUNTING<br>POLICIES (continued)||
||1.6 Stocks||
||Stocks are valued at the lower ofcost and net realisable<br>value after making due allowance for obsolete and slow-moving<br>stocks.<br>Cost includes<br>all direct costs and an appropriate<br>proportion<br>offixed and variable overheads.||
||1.7 Debtors||
||Trade and other debtors are recognised<br>at the settlement<br>amount after any trade discount offered. Prepayments<br>are valued <br>the amount<br>prepaid<br>net ofany trade discounts due.|at|
||1.& Cash at bank and in hand||
||Cash at bank and<br>in hand includes cash and short term highly<br>liquid investments<br>with a short maturity<br>ofthree months or less<br>from the date ofacquisition<br>or opening ofthe deposit or similar account.||
||1.9 Liabilities and provisions||
||Liabilities are recognised<br>when there is an obligation at the Balance sheet date as a result ofa past event, it is probable that a<br>transfer ofeconomic benefit will be required<br>in settlement,<br>and the amount ofthe settlement<br>can be estimated<br>reliably.<br>Liabilities are recognised at the amount that the charity anticipates<br>it will pay to settle the debt or the amount<br>it has received as||
||advanced<br>payments<br>for the goods or services it must provide. Provisions are measured<br>at the best estimate ofthe amounts||
||required to settle the obligation.<br>Where the effect ofthe time value of money<br>is material, the provision<br>is based on the present<br>value of those amounts,<br>discounted<br>at the pre-tax discount rate that reflects the risks specific to the liability. The unwinding<br>of<br>the discount<br>is recognised<br>within interest<br>payable<br>and similar charges.||
||1.10 Financial instruments||
||The charity only has financial assets and financial<br>liabilities of a kind that qualify as basic financial instruments.<br>Basicfinancial||
||instruments<br>are initially recognised at transaction<br>value and subsequently<br>measured<br>at their settlement<br>value with the||
||exception of bank loans which are subsequently<br>measured<br>at amortised<br>cost using the effective interest method.||
||1.11 Pensions||
||The charity operates a defined contribution<br>pension scheme and the pension charge represents<br>the amounts<br>payable<br>by the<br>charity to the fund<br>in respect ofthe year.||
||1.12 Fund accounting||
||General funds are unrestricted<br>funds which are available for use at the discretion ofthe Trustees<br>in furtherance<br>ofthe general<br>objectives ofthe charity and which have not been designated<br>for other purposes.||
||Designated<br>funds comprise unrestricted<br>funds that have been set aside by the Trustees for particular<br>purposes. The aim and <br>ofeach designated<br>fund<br>is set out in the notes to the financial statements.|use|
||Restricted funds are funds which are to be used<br>in accordance<br>with specific restrictions<br>imposed<br>by donors or which have been<br>raised by the charity for particular<br>purposes. The costs of raising and administering<br>such funds are charged against the specific<br>fund. The aim and use ofeach restricted<br>fund isset out in the notes to the financial statements.||
||1.13 Tax Status||
||The charity<br>is not liable for corporation<br>tax as trading income falls below the relevant threshold<br>and is also below the VAT||
||threshold,<br>which means<br>it does not charge VAT, but is also unable to reclaim VAT on purchases.||





## 

|INCOME FROM DONATIONS,||LEGACIES AND GRANTS|LEGACIES AND GRANTS||||||||
|---|---|---|---|---|---|---|---|---|---|---|
||||Unrestricted|Restricted<br>Total|funds||Unrestricted|Restricted funds||Totalfunds|
||||funds 2022|funds 2022<br>2022|||funds 2022|2022||2021|
||||E||E||||||
|Tax efficient general<br>giving<br>Other general<br>giving<br>Collections at services<br>Donation for Covid 19<br>Gifts for mission<br>Gifts for building<br>project<br>Gifts for CAP<br>Gifts for community<br>Gifts for Safe Haven<br>Grant for CAP<br>Grant for community<br>Gifts and grants for specific purpose.<br>Grant for SP2<br>Tax recovered<br>-general<br>giving<br>Tax recovered<br>- building<br>project<br>Tax recovered - community<br>Tax recovered - specific purposes<br>Tax recovered<br>- CAP|||278,870<br>45,676<br>7,164<br>300<br>560<br>69,691<br>125|34,305<br>2,108<br>1,104<br>7,000<br>1,202<br>125<br>3,262|278,870<br>45,676<br>7,164<br>300<br>560<br>34,305<br>2,108<br>1,104<br>7,000<br>1,202<br>69,691<br>125<br>125<br>3,262||282,755<br>59,728<br>3,442<br>300<br>1,280<br>26,802<br>69,422<br>255||850<br>20,675<br>804<br>24,292<br>6,250<br>528<br>2,150<br>250<br>638<br>2,751|282,755<br>59,728<br>3,442<br>850<br>300<br>1,180<br>20,675<br>804<br>14,292<br>6,250<br>528<br>2,150<br>16,802<br>69,422<br>155<br>250<br>638<br>2,751|
||||402,386|49,106|451,492||433,784||49,288|482,972|
|ANALYSIS OF INCOME FROM||CHARITABLE|ACTIVITIES BYTYPE OF INCOME||||||||
|||||Unrestricted<br>Restricted<br>Total||funds|Unrestricted|Restricted|funds|Totalfunds|
|||||funds 2022<br>funds|2022<br>2022||funds 2022|2022||2021|
|SP2 coffee shop sales<br>Statutory fee received<br>Childrens<br>and youth work receipts<br>Adult work<br>Conferences,<br>events and clubs||||E<br>23,587<br>2,556<br>4,296<br>1,085<br>3,375|E|E<br>23,587<br>2,556<br>4,296<br>1,085<br>3,375|E<br>7,692<br>2,208<br>2,032<br>754<br>3,400||E|E<br>7,691<br>2,208<br>2,032<br>754<br>3,400|
|||||34,899||34,899|26,085|||26,085|
|ETTING S INCOME|||||||||||
|||||Unrestricted<br>Restricted<br>Total||funds|Unrestricted|Restricted|funds|Totalfunds|
|||||funds 2022<br>funds|2022<br>2022||funds 2022|2021||2021|
|||||E|E|E|E||E|E|
|Charity letting income|||||||||||
|Church, church centre and SP2||||38,836||38,836|17,254|||17,254|
|NVESTMENT INCOME|||||||||||
|||||Unrestricted<br>Restricted<br>Total||funds|Unrestricted|Restricted|funds|Totalfunds|
|||||funds 2022<br>funds|2022<br>2022||funds 2022|2021||2021|
|Investment<br>income||||E<br>1,379|E|E<br>1@79|57||E|E<br>57|





||||||||||STPAUL'5 CHURCH SAUSBURY|STPAUL'5 CHURCH SAUSBURY|STPAUL'5 CHURCH SAUSBURY|STPAUL'5 CHURCH SAUSBURY|STPAUL'5 CHURCH SAUSBURY||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||||NOTES TO FINANCIAL STATEMENTS|||||||||||||||
|||||||||FOR|THE YEAR ENDED||31DECEMBER 2022||||||||||||
|6.|ANALYSIS OF EXPENDITURE||||||||||||||||||||||
||||||||Un fee't|ncted||Restricted|Total|funds||Unrestricted|||Restricted|Totalfunds|||||
||||||||Funds|2022||funds 2022|2022|||funds||2021|funds 2021|2021|||||
||||||||||E|E||||E|||||||f||
|||All mission giving and|grants|||||41,438||||41,438||||48,089|3,620|||51,709|||
|||Church costs|||||358,846|||55,580||414,426||||388,041|35,234|||423,275|||
|||Letting expenses||||||43,110||||43,110||||28,959||||28,959|||
||||||||443,394|||55,580||498,974||||465,089|38,854|||503,943|||
|7.|CHURCH COSTS||||||||||||||||||||||
|||||||||||Un-restricted|Restricted|||Total||funds|Unrestricted|Restricted|||funds|Totalfunds|
|||||||||||Funds 2022|Fund|2022||2022|||Funds 2021|2021||||2021|
||||||||||||||||||||||E|5|
|||Safe Haven|||||||||||||||||||3,909|3,909|
|||CAP expenses||||||||||33,262||||33+62||||29,266||29,266|
|||SP2 Cafd cost ofsales||||||||14,126||||||14,126|5,286|||||5,286|
|||Building project||||||||2,816|||6,631|||9,447|1,506|||||1,506|
|||Parish share||||||||99,960||||||99,960|95,200|||||95,200|
|||Staff costs (note 11)||||||||142@62||||||154,862|190,246|||||190,246|
|||Community<br>ministry|and outreach|||||||311||||||311|474|||||474|
|||Youth work<br>Children's<br>work||||||||3,195<br>4,740||||||3,195<br>4,740|1,910<br>4,108|||||1,910<br>4,108|
|||Adult ministry<br>and courses||||||||404||||||404|223|||||223|
|||Conferences<br>and events and clubs||||||||4,108||||||4,108|2,515|||||2,515|
|||Staff expenses and training<br>Church services||||||||12,062<br>2~1||||||12,062<br>2,281|11,001<br>1,653|||||11,001<br>1,653|
|||Insurance||||||||5,978||||||5,978|5,277|||||5,277|
|||Administration||||||||16,095||||||16,095|18,599|||||18,599|
|||Repairs and maintenance||||||||13,398||||||13,398|12,905|||||12,905|
|||Mini bus expenses||||||||1,741||||||1,741|1,105|||||1,105|
|||Utilities and rates||||||||10,679||||||10,679|12,250|||||12,250|
|||Hope centre||||||||10,693||||||10,693|||||||
|||Depreciation||||||||11,077||||||11,077|21,083|||||21,083|
|||Professional fees||||||||2,820||||||2+20|2,700|||||2,700|
|||Other expenses including||Covid|19|expenses|||||||1,985|||1,985|||||2,059|2,059|
|||Specified donations|||||||||||1+02|||1+02|||||||
|||||||||||3582PI6||55,580||||414,426|3BB,041|||35,234||423,275|
|||||||||||Un-restricted|Restricted|||Total||funds|Unrestricted|Restricted|||funds|Totalfunds|
|||||||||||Funds 2022|Fund|2022||2022|||Funds 2021|2021||||2021|
|||||||||||||||||E|||||E|E|
|||Centre letting expenses||||||||43,110||||||43,110|28,959|||||28,959|
|Charity||letting expenses relate to the||proportion|||ofthe|salaries,||repairs and maintenance,|||insurance||and utilities costs attributable||||to|the|hiring|ofsurplus|
|capacity||in the Church<br>buildings|to external||users.||||||||||||||||||







## 

|E750plus VAT (2021-E750 plus VAT), and accountancy<br>service|s ofE1,500 plus VAT (2021 -f1,500 plus VAT).||
|---|---|---|
|Analysis ofstaff costs|||
||2022|2021|
||E|6|
|Salaries and wages|200,983|211,446|
|Social security costs|9,552|10,289|
|Pension costs|10,791|11,818|
|Related expenses|2,474|6,294|
|Total|223,SOO|239,847|






## 

||||Freehold||Mini bus|Fixtures and|Equipment|Car park|Total|
|---|---|---|---|---|---|---|---|---|---|
||||property|||fittings||improvements||
|Cost||||E|E|E|E|E|E|
|At 1January 2022<br>Additions|||525,000||1,000|165,160|58,345|42,581|792,086|
|At 31December 2022|||525,000||1,000|165,160|1,312<br>59,657|42,581|1,312<br>793,398|
|Depreciation||||||||||
|At 1January 2022<br>Charge forthe year<br>At 31December 2022|||||600<br>200<br>800|155,750<br>4,189<br>159,939|54,328<br>2,430<br>56,758|31,237<br>4,258<br>35,495|241,915<br>11,077<br>252,992|
|Net book value||||||||||
|At31December 2022<br>At 31December 2021|||525,000<br>525,000||200<br>400|5~1<br>9,410|22I99<br>4,017|7,086<br>11,344|540,406<br>550,171|
|ehold<br>property<br>is in respect <br> Centre has been estimated||ofthe Church Centre (located <br>on an "in usea basis.|on the same site||as the Church)|and 159 - 161|Fisherton Street (SP2).The value||ofthe|
|Stocks||||||||||
||||||||2022|2021||
|Goods for resale|||||||E<br>499|595||
|DEBTORS||||||||||
||||||||2022|2021||
|Prepayments<br>and accrued income<br>Tax recoverable|||||||E<br>2,630|5,452||
||||||||6,432|2,803||
||||||||9,062|8,255||
|CREDITORS: Amounts|falling|due within one year||||||||
||||||||2022|2021||
||||||||E|E||
|Otherloans<br>Other creditors|||||||10,560<br>24,009|10,560<br>11,827||
||||||||34,569|22,387||
|Other loans is an interest||free loan, and is secured against the Church||Centre.||||||
|CREDITORS: Amounts|falling after more than one year||||||2022|2021||
|Otherloans|||||||E<br>54,014|E<br>64,574||
||||||||54,014|64,574||






|17.<br>STATEMENT OF FUNDS||||||||||
|---|---|---|---|---|---|---|---|---|---|
|STATEMENT OF FUNDS - CURRENT YEAR||||||||||
|Balance at 1<br>Income<br>Expenditure||Transfers||Movement<br>in|||Balance at|||
|January 2022||in/out||the year|||31|||
||||||||December|||
||||||||2022|||
|Unrestricted<br>funds|||||||||6|
|General Funds<br>Designated<br>Funds - Mission<br>Fund<br>-Youth Mission<br>-Building repairs<br>-Hope Centre<br>-Telephony<br>-Debt reserve fund<br>-Outreach/Mission<br>580,326<br>476,515<br>300<br>1,665<br>5,302<br>23,696<br>610,989<br>477,500|(388,447)<br>(41,438)<br>(2,816)<br>(10,693)<br>(443,394)||(70,942)<br>41,382<br>14,000<br>5,000<br>10,560<br>5068<br>5,068|||17,126<br>244<br>(2,131)<br>3,307<br>5,000<br>10,560<br>5 068<br>39,174||597,452<br>244<br>1,665<br>3,171<br>27,003<br>5,000<br>10,560<br>5,068<br>650,163||
|Restricted funds||||||||||
|Community<br>Fund<br>CAP Centre Fund<br>Building Project (ETT)<br>Safe Haven<br>Fund<br>Grants for specific purposes<br>5,497<br>17,036<br>6,631<br>5,669<br>24,127<br>2,233<br>44,567<br>1,104<br>1,202|(1,985)<br>(33,262)<br>(6,631)<br>(13,702)||(5,068)||248<br>11,305<br>(6,631)<br>1,104<br>(17,568)||||5,745<br>28,341<br>6,773<br>6,559|
|58,960<br>49,106|(55,580)||(5,068)||(11,542)||||47,418|
|Total offunds<br>669,949<br>526,606|(498,974)|||||27,632||697,581||
|Fund details||||||||||
|Unrestricted<br>funds||||||||||
|General Fund - this isthe main fund ofthe PCC and there is no restriction<br>on its use.||||||||||
|The transfer<br>in 2022 is made up ofthe donation to the Mission<br>Fund off41382and transfers to the <br>65,000 and Debt Reserve 610,560.|designated|funds Hope Centre 614|||000,Telephony/IT|||||
|Mission designated<br>Fund<br>-this fund receives atithe of12.5%ofvoluntary<br>income (excluding<br>Gift Aid tax recovery) together<br>with gifts for specified <br>beneficiaries.<br>The detailed allocation ofthe total ofnon-specified<br>gifts is recommended<br>by the Mission Support Committee<br>and<br>approved<br>by the PCC.The transfer<br>in 2022 isthe general funds donation to the Mission Fund.||||||||mission||
|Youth Mission designated<br>fund -the PCC agreed to remove the word Overseas on this designation.||||||||||
|Building Repairs designated<br>fund —monies set aside for building<br>repairs.||||||||||
|Hope Centre designated<br>fund - The donor ofthe restricted<br>Break-through<br>Trauma donation<br>removed <br>designated<br>the funds to the Hope Centre.|the restriction||during 2021 and the|||trustees||||
|Telephony designated<br>fund - to resource the implementation<br>ofdigital telephony<br>and<br>ITsupport.||||||||||
|Outreach/Mission<br>- This fund includes donations<br>made in 2020that were originally<br>classed as restricted for men's ministry<br>and reported<br>within<br>Grants for<br>Specific Purposes. The donor has recently clarified that these funds were not intended to be restricted<br>as has given permission<br>for them to be used for any<br>purpose<br>supporting<br>mission or outreach||||||||||
|Debt reserve designated<br>fund - reflects liability for loan repayment<br>in coming year.||||||||||
|Restricted funds||||||||||
|Community<br>Fund - Funds received to meet specific needs ofthose in our community.||||||||||
|CAP centre fund - This restricted<br>fund isto support the operation ofthe Salisbury<br>CAP Debt Centre which<br>is hosted<br>by St Paul's on behalf <br>Salisbury.<br>All donations to the centre are maintained<br>within this fund which is used to cover staff costs and operational<br>expenses.||||||ofchurches||across||
|Building Project (EITjfund<br>-This fund was established to support the church's<br>buildings.<br>In 2021the whole fund was classified as a restricted<br>fund, the trustees concluded that this is was no longer appropriate<br>as recent donations<br>were not subject to the restriction<br>and decided to transfer these to<br>the Buildings Repairs designated<br>fund.||||||||||
|Safe Haven Fund -This fund was established<br>to support the church's work with those who have suffered from abuse or traumatic<br>experiences.<br>During <br>the donor ofthe restricted<br>Break-through<br>Trauma donation<br>removed the restdiction<br>on the funds and the trustees<br>designated<br>the funds to the Hope<br>Centre.|||||||||2021|
|Grants forspecific purposes - This fund<br>Is used to ensure that money received as grants or gifts for specified purposes<br>in one financial year and not<br>expended<br>until the following year are kept separately<br>from Church's general funds.||||||||||





|STATEMEAIT OF FUNDS - PRIOR YEAR|||||||
|---|---|---|---|---|---|---|
||Balance at 1<br>January 2021|Income|Expenditure|Transfers<br>in/out|Movementin<br>the year|Balance at<br>31|
|||||||December|
|||||||2021|
|Unrestricted funds||||||E|
|General Funds<br>Designated<br>Funds - Mission Fund<br>- Youth Overseas Mission<br>- Building Repairs<br>-Hope Centre<br>Endowment<br>funds|573,283<br>573,283|465,545<br>300<br>1,335<br>467,180|(416,133)<br>(47,450)<br>(1,506)<br>(465,089)|(42,369)<br>47,150<br>1,665<br>5,473<br>23,696<br>35,615|7,043<br>1,665<br>5,302<br>23,696<br>37,706|580,326<br>1,665<br>5,302<br>23,696<br>610,989|
|Endowment<br>funds|||||||
|||||(882)|(882)||
|Restricted funds|||||||
|Mission Fund<br>Community<br>Fund<br>CAP Centre Fund<br>Building Project (ETT)<br>Safe Haven Fund<br>Grants forspecific purposes<br>Youth Overseas Mission|3,899<br>5,124<br>16,626<br>12,104<br>31,482<br>12,459<br>1,665<br>83,359|2,432<br>29,676<br>1,792<br>15,288<br>49,188|(2,059)<br>(29,266)<br>(3,909)<br>(3,620)<br>(38,854)|(3,899)<br>(5,473)<br>(23,696)<br>(1,665)<br>(34,733)|(3,899j<br>373<br>410<br>(5,473)<br>(25,813)<br>11,668<br>(1,665)<br>(24,399)|5,497<br>17,036<br>6,631<br>5,669<br>24,127<br>58,960|
|Total offunds|657,524|516,368|(503,943)||12,425|669,949|



|ANALYSIS OF NET ASSETSBElWEEN FUNDS -CURRENT YEAR|||||||
|---|---|---|---|---|---|---|
||Unrestricted|Restricted|Endowment||Total|funds|
||Funds 2022|funds 2022|funds 2022||2022||
||E|E||E|||
|Tangible fixed assets<br>Current assets<br>Creditors due within one year<br>Creditors due in more than one year|540,406<br>198,340<br>(34,569)<br>(54,014)|47,418||||540,406<br>245,758<br>(34,569)<br>(54,014)|
||650,163|47,418||||697,581|
|ANALYSIS OFNETASSETSBETWEEN FUNDS- PRIOR YEAR|||||||
||Unrestricted|Restricted|Endowment||Total|funds|
||Funds 2021|funds 2021|funds 2021||2021||
|Tangible fixed assets<br>Current assets<br>Creditors due within one year<br>Creditors duein more thon one year<br>Difference|E<br>550,171<br>147,779<br>(22,387)<br>(64,574)|E<br>58,960||E||550,171<br>206,739<br>(22,3871<br>(64,574)|
||610,989|58,960||||669,949|





## 

||||||2022|2021|
|---|---|---|---|---|---|---|
|Net (expenditure)/income||for the year (as per Statement||of Financial|f|E|
|Activities)|||||||
||||||27,632|12,425|
|Adjustment for:|||||||
|Depreciation<br>charges<br>Interest|||||11,077|21,083|
|(Increase)/decrease|in stocks||||(1@79)|(57/|
|(Increase)/decrease|in debtors||||96|369|
|Increase/(decrease)|in creditors||||(807)|892|
||||||1,622|(8,853/|
|Net cash provided|by operating||activities||38,241|25859|
|20.<br>ANAYLYSIS|OF CASH|AND|CASH EQUIVALENTS||2021|2021|
|Cash in hand|||||E|E|
||||||236,197|197,889|
|Total|||||||
||||||236,197|197,889|
|21.<br>RELATED PARTY TRANSACTIONS|||||||
|No trustee received|remuneration||or expenses for their work as trustees.||||
|One connected<br>person<br>(Kim||Ryalls) received remuneration||from the PCC as authorised|by 53(1)ofthe Parochial Church (Powers)|Measure 1856.|