2022-12-31-accounts - The Parochial Church Council Of The Ecclesiastical Parish Of St Mary Magdalene, Lillington, Leamington Spa

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			Page
Legal and	Administrative	Information
Trustees	Annual Report
Independent Examiners		Report
Statement	of Financial	Activities
Statement	of Financial	Position
Notes to	the Financial Statements		10

			Date	Date
Member		Role	Appointed	Resigned
Rev William Smith		Chair
Sally Druce		Trustee	08/05/2022
Robin Stuart Innes		Trustee
Samuel Meacock		Trustee
Rev Rosemary Caroline	Pantling	Trustee
Dr Diana Taulbut		Truslee
Amanda Marjorie Stevens		Trustee
Maureen Reynolds		Trustee		08/05/2022
Lucy Ann Dean		Trustee
Mrs Patricia Poulson		Trustee
Sarah Elizabeth Boad		Trustee
Eleanor Mary Hucklesby		Trustee
Carol Innes		Trustee
Mare Gadsby		Trustee		08/05/2022
Christine Anne Butler		Trustee
Rachel Duff		Trustee
John Butler		Trustee
Rev S Fairhurst		Trustee
Laurence Reginald Cooke		Trustee
Graham Cooper		Trustee
Philippa Pritchard		Trustee	08/05/2022

Rev William Smith			Chair
Sally Druce (from	08/05/22)		Trustee and Churchwarden
Robin Stuart Innes			Trustee
Samuel Meacock			Trustee
Rev Rosemary Caroline		Pantling	Trustee
Dr Diana Taulbut			Trustee
Amanda Marjorie Stevens			Trustee
Lucy Ann Dean			Trustee
Mrs Patricia Poulson			Trustee
Sarah Elizabeth Boad			Trustee
Eleanor Mary Hucklesby			Trustee
Carol innes			Trustee
Christine Anne Butler			Trustee
Rachel Duff			Trustee
John Butler			Trustee
Rev SFairhurst			Trustee
Laurence Reginald	Cooke		Trustee
Philippe Pritchard	(from	08/05/22)	Trustee

									2022		2021
								Unrestricted	Restricted	Total	Total
								Funds	Funds	Funds	Funds
							Note		5		5
Income
Donations	and legacies							85,334	38,933	124,267	131,118
Charitable	activities							7,769		7,769	12,677
Activities for generating			income					5,147		5,147	2,249
Investment		income						11,830	1,163	12,993	11,951
Other
Total Income								110,080	40,096	150,176	157,995
Expenditure
Expenditure		on charitable		activities				126,144	12,397	138,541	122,185
Expenditure		on raising	funds					1,911	652	2,563	2,306
Total Expenditure								128.055	13,049	141,104	124,491
Net income		/ (expenditure)			before gains/(loses)			(17,975)	27,047	9,072	33,505
Gain/(loss)		on investment		portfolio			11		(11,552)	(11,552)	12,392
Gain/(loss)		on investment		property			10				34,098
Net income		/ (expenditure)			including		gains/(loses)	(17,975)	15,495	(2,480)	79,995
Net income		and net movement				in funds
Total funds		brought forward					14	520,850	111,560	632,410	552,416
Transfers							14
Total funds		carried forward					14	502,875	127,055	629,930	632,410

				2022	2021
			Note	6	f
Fixed assets
Tangible fixed assets			9	26,240	27,880
Investment property			10	398,466	398,466
Investments			11	87,022	98,575
				511,728	524,921
Current assets
Debtors			12	4,512	4,326
Cash at bank	and in hand			116,851	106,576
				121,363	110,902
Creditors: amounts		falling due within one year	13	3,161	3,413
Net current assets				118,202	107,489
Total assets	less current liabilities			629,930	632,410
Net assets			15	629,930	632,410
Funds ofthe charity
Restricted funds			14	127,055	111,560
Unrestricted	funds		14
Unrestricted	general			26,708	39,061
Designated	funds			476,167	481,789
Total charity	funds			629,930	632,410

Analysis	ofIncome
						Unrestricted	Restricted	Total Funds
						Funds	Funds	2022
						6		6
Donations and legacies
Donations						70,030	30,440	100,470
Gift aid						15,304	3,638	18,942
Donated goods and services
Legacies							2,855	2,855
Grants							2,000	2,000
						85,334	38,933	124,267
Charitable	activities
Wedding	and funeral	fees				7,769		7,769
						7,769		7,769
Activities	for generating		income
Lettings and room hire						5,147		5,147
						5,147		5,147
Investment Income
Bank and	investment	interest		and dividend	income	1,030	1,163	2,193
Rental income from		investment		property		10,800	-	10,800
						11,830	1,163	12,993
Other
Other income
Total Income						110,080	40,096	150,1'76

Analysis	of Income	(Continuedi	(Continuedi	(Continuedi
						Unrestricted	Restricted	Total Funds
						Funds	Funds	2021
						F	6	f
Donations and legacies
Donations						80,387	5,602	85,989
Gift aid						17,039	1,239	18,278
Donated goods and services
Legacies						1,404		1,404
Grants						23,448	2,000	25,448
						122,278	8,841	131,118
Charitable	activities
Wedding	and funeral	fees				12,677		12,677
						12,677		12,677
Activities	for generating		income
Lettings and room hire						2,249		2,249
						2,249		2,249
Investment Income
Bank and	investment	interest		and dividend	income	26	1,125	1,151
Rental income from		investment		property		10,800		10,800
						10,826	1,125	11,951
Other
Other income
Total Income						148,030	9,966	157,995

o	tes to the Financial S	tes to the Financial S	tes to the Financial S	tatements
3	Expenditure on charitable			activities by fund type
					Unrestricted	Restricted	Total Funds
					Funds	Funds	2022
					f
	Administration	costs			19,291		19,291
	Building and maintenance			costs	17,589	2,147	19,736
	Church and mission		activities		7,097	7,671	14,768
	Communication	costs			48		48
	Gifts given to	charity			3,359	2,579	5,938
	Parish share				62,000		62,000
	Staff related costs
	Staff salaries				16,760		16,760
					126,144	12,397	138,541
					Unrestricted	Restricted	TotalFunds
					Funds	Funds	2021
					E		6
	Administration	costs			17,400		17,400
	Building and maintenance			costs	10,246		10,246
	Church and mission		activities		5,559	4,293	9,852
	Communication	costs			235		235
	Gifts given to	charity			3,419	4,376	7,795
	Parish share				61,760		61,760
	Staff related costs
	Staff salaries				14,898		14,898
					113,516	8,669	122,185

Expenditure	on rai	sing funds
			Unrestricted	Restricted	Total Funds
			Funds	Funds	2022
			f		6
Investment	property	maintenance	1,911		1,911
Fund raising				652	652
			1,911	652	2,563
			Unrestricted	Restricted	Total Funds
			Funds	Funds	2021
					6
Investment	property	maintenance	1,881		1,881
Fund raising			65	360	425
			1,946	360	2,306

						2022	2021
						6	6
Independent statements	examination	and	preparation	ofthe	financial	1,150	1,080

					2022	2021
					8
Wages and salaries					16,304	14,461
Social security costs
Employer	contributions	to pension	plans		456	437
					16,760	14,898
The average head count ofemployees				during	the year was as follows:
					2022	2021
Average	Head Count				3	2
Number	ofemployees	that received employee			benefits of more than 660,000	during the year was as
follows:
					2022	2021
More than 660,000					0	0

Tangible Fixed Assets	Freehold
	Land and
	Buildings	Equipment	Total
	E	E
Cost as at 1st January 2022	82.000		82,000
Additions
Cost as at 31st December 2022	82,000		82,000
Depreciation as at 1st January 2022	54,120		54,120
Depreciation Charge	1,640		1,640
Depreciation as at 31st December 2022	55,760		55,760
Net Book Value as at 31st December 2022	26,240		26,240
Net Book Value as at 31st December 2021	27,880		27,880

	Total
Valuation
At 1 January 2022	398,466
Unrealised gain /(loss)
At 31 December 2022	398,466

				2022	2021
				6	8
	Investment	portfolio	valuation	87,022	98,575
				87,022	98,575
				2022	2021
					6
	Market value brought		forward	98,575	86,183
	Sales
	Unrealised	gain I(loss)		(11,552)	12,392
	Market value carried		forward	87,023	86,183
12	Debtors
				2022	2021
				6	f
	Accounts	receivable		4,303	4,151
	Prepayments			209	175
				4,512	4,326
13	Creditors:	amounts	falling due within one year
				2022	2021
				8	8
	Accruals			1,150	1,080
	Trade creditors			2,011	2,333
				3,161	3,413

Analysis ofCharitable	Funds
	1 Jan 2022	Income	Expenditure	Gains/Loses	Transfers	31Dec 2022
	f	F		f	E	6
Unrestricted Funds
Unrestricted
General	39,061	109,017	(121,370)			26,708
Designated
Land &Freehold Buildings	426,346		(1,640)			424,706
Charles Wilson Fund	869		(869)
Beryl Redwood Fund	21,607		(3,601)			18,006
Warwick DC COVID Grants Fund	31,169					31,169
COVID Emergency Response Fund	1,798	1,063	(575)			2,286
Total Unrestricted	520,850	110,080	(128,055)			502,875
Restricted Funds
Love Lillington Fund		19,634	(7,973)			11,661
Fabric Fund (EC Burt Legacy)	59,363	2,855		(6,474)		55,744
Bell Rope Fund (HC Burt Bequest)	12,000	174		(776)		11,398
Organ Fund	1,498		(522)			976
Servers' Albs Fund	34					34
Youth Work Fund	244					244
Choristers' Fund	22					22
Churchyard Fund (Hornsby Bequest)	30,705	965	(1,471)	(3,467)		26,732
Cumberland Income Fund		24	(24)
Restricted Gifts	380	2,563	(2,579)			364
Churchyard
Maintenance	7,314		(154)	(836)		6,324
(Hippisley Bequest)
Church Reordering (Building work) Fund		1,250				1,250
Music Fund		341	(326)			15

Analysis ofCha	ritable	Funds	cont.
		I Jan	2022	Income	Expenditure	Gains/Loses	Transfers	31 Dec 2022
			E	E	E	E	E	E
Restricted Funds cont.
Broadcasting Equipment Fund				12,240				12,240
Churchyard Non Legacy Fund				50				50
Total		111,560		40,096	(13,049)	(11,552)		127,055
Total Funds
Total		632,410		150,176	(141,104)	(11,552)		629,930
Analysis of Charitable		Funds	(year	ended 31stDecember		2021)
		I Jan	2021	Income	Expenditure	Gains/Loses	Transfers	31Dec 2021
		E		E	E	E	E	E
Unrestricted Funds
Unrestricted
General		26,958		124,335	(112,231)			39,061
Designated
Land & Freehold		393,888			(1,640)	34,098		426,346
Buildings
34 Lime Avenue	Fund		150		(150)
Charles Wilson	Fund	2,169			(1,300)			869
Beryl Redwood	Fund	21,607						21,607
Warwick DC COVID Grants Fund		9,000		22,169				31,169
COVID Emergency Response Fund			412	1,526	(140)			1,798
Total Unrestricted		454184		148030	(115,462)	34098		520,851

Restricted Funds
	1 Jan 2021 f.	Income f	Expenditure f	Gains/Loses f	Transfers f	31 Dec 2021 f
Love Lillington Fund		5,455	(5,455)
Fabric Fund (EC Burt Legacy)	52,419			6,944		59,363
Bell Rope Fund (HC Burt Bequest)	11,000	168		832		12,000
Organ Fund	2,043	164	(709)			1,498
Servers' Albs Fund	34					34
Youth Work Fund	244					244
Choristers' Fund	22					22
Churchyard Fund (Hornsby Bequest)	26,234	752		3,719		30,705
Cumberland Income Fund		23	(23)
Restricted Gifts		3,222	(2,842)			380
Churchyard
Maintenance	6,236	181		897		7,314
(Hippisley Bequest)
Total	98,231	9,965	(9,029)	12,392		111,560
Total Funds	552,416	157,995	(124,491)	46,490		632,410

		Unrestricted	Restricted	Total Funds
		Funds	Funds	2022
		f	f	6
Fixed Assets		424,706	87,022	511,728
Cunent Assets		81,330	40,033	121,363
Creditors less than	1 year	(3,161)		(3,161)
		502,875	127,055	629,930
		Unrestricted	Restricted	Total Funds
		Funds	Funds	2021
		F	6	f
Fixed Assets		426,346	98,575	524,921
Current Assets		97,918	12,985	110,902
Creditors less than	1 year	(3,413)		(3,413)
		520,851	111,560	632,410