OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2022-12-31-accounts

pcc ANNUAL REPORT 2022 ITE CHURCHES

Cl
0		 O
CC		 UI 0
I
lh
ht		 CO
CC
F
4
M		 CO
CI
'0
M		 CO
CI
'0
M		 th
I
CN
M
I		 Ct
CO
ID		 Ih
Cl
4		 I
lh
M
I		 CO
hl
'O		 O0 IC
I
M		 IC
I
M		 CN
Nt
CU
I
'0 M
0 IA
A w
IU
IL'
0
U
IC		 5
0		 C MmmO M
O0		 C!
Cl
M
hl		 CO Ul
M		 CV
IN I
50
'00 m
M
U
m		 OO th
I		 I
I
I		 M
CO
1		 I
O
Ul		 Ct
m		 I
CO		 t
OD0
IC
0		 O
CC		 C
lo		 th
O		 Ul
CO
4		 O
I
O
hl		 0CI
th
ID		 COI
I		 O
O0		 0
CC0		 t
h
CO
I
I		 CO
Ct
CI
ICI		 C
Cl
Cl		 hl
Cl
0
Irc
0 OI
m		 th M 44 lhI
M
4
Ct
CC
4l
5
«I
CI		 5
0		 0
CO
CC		 I
O
m
I		 CO
C		 Ct0
CC
CC
CO		 Ct
O
CV
CO		 Orc
I
lh 4I0 5
I-
I-u
IE		 '0
4I
0		 '0 UU
m		 CO CO
C		 0
I
O
ch		 4
m		 CO A
A
4		 0D0 A
CO
Ct
hl
'D		 IU
0
h
I5t
c( Cl
u2
CE2 Cl
07		 M M CC CN C -
C		 C
5
0
IL
Ih2
0u
IC
Ch
u
uo.		 0
0
I-
0
20V
.&2
Ul
U
Cl
v
'540
Cl
CI
0I-
0
Z
Ill
CN
Pl
CII-
oI-c(		 CNO
CN
I
E
0
'00'0
C0
5
0
L00		 Cl70
V7		 E
U0
C
c
0		 '0
UC
0
Cl
UC
0		 E
0
C
0C
E
5		 4t
5
C
U
E
0		 80
0
40
I		 CI
IC0
I
0
7
CI0X
lo		 CN
C
'0
5
IL		 Cl
V		 0
U
I
7		 5
0
I-		 4I
E
Ct
0
U
U
4I
2		 4l
C
L
o		 0
C00
Cl
Nt
5
LI-		 0"h
CD
E
5
4t
Cl
UC
0
Cl
5
Cl
c c
0
CO		 "5
C
Lo
E		 '0I
CI
0
4
UC
0
C
5
Io		 '00
Cl		 0
5
I
U0
I
0
IUCl.
0
V
V
CL		 E
0
41
—'-:
0 50
0h
CU
Cl
CN0
o.
5
E
0
0
c
5
o

Unrestricted Designated Restricted
Notes funds funds funds 2022 2021
6
FIXEDASSETS
Tangible assets 211,761 634,343 846,104 905,501
Investments 89,348 89,348 101,209
301.109 634,343 935,452 1,006,710
CURRENT ASSETS
Debtors 24.971 24,971 18,901
Cash in hand
and at bank		 285,729 3,512 5,575 294,815 322,165
Short term deposits 125,250 125,250 120,932
TOTAL CURRENT ASSETS 435,949 3,512 5,575 445,035 461,997
CREDITORS
Amounts
falling due within
one year 8 (103,971) (103,971) (73,324)
NET CURRENT ASSETS 331,978 3,512 5575 341,064 388673
TOTAL ASSETS less
CURRENT LIABILITIES 633,085 637,853 5,575 1,276,513 1,395,383
CREDITORS:
Amounts
falling due after more
than one year
NET ASSETS 633,085 637,853 5,575 1,276,513 1,395,383
FUNDS
Unrestricted
funds
Unrestricted
funds		 633,085 633,085 669,718
Designated
funds		 9.1 637,853 637,853 720,143
633,085 637,853 1,270,938 1,389,861
Restiicted
funds		 9.2 5,575 5,575 5,522
633085 637853 5 575 Ir276 513 I 395)383

Note 2022 2021
f. E
Net movement
in funds		 (107,008) (90,585)
Adjustments
for:
Depreciation 5 59,398 59,398
lnvesonent
income		 2.3 (4,815) (2,658)
Decrease/(increase)
in trade		 and other receivables (6,070) 2,556
Increase/(decrease)
in trade and other payables		 30,647 (28,636)
Net cash from operating activities (27,848) (59,925)
Investing
activities
(Purchase)/Disposal
of fixed assets
Other recognised
gains/losses
Investment
income		 2.3 4,815 2,658
Cash gow from investing activities 4,815 2,658
Net change
in cash and cash equivalents		 (23,033) (57,267)
Cash and cash equivalents at the start ofthe year 443,097 500,364
Cash and cash equivalents at the end ofthe year 420,065 443,097
Cash and cash equivalents consists oF. 2022 2021
Cash at bank and in hand 294,815 322,165
Short Term Deposits 125,250 120,932
Cash and cash equivalents at 31 December 420,065 443,097

2.ANALYSIS OF INCOME 2.ANALYSIS OF INCOME Unrestricted Designated Restricted 2022 2021
Funds Funds Funds Total Total
E E E
2.1 Voluntary
income
Planned
giving
Tax efficient giving 198,377 7,457 206,734 206,730
Tax recoverable
Other planned,jiving		 46,755
57,443		 18,194 475 46,755
76,112		 59,434
44,930
Collections
at services		 751 751 664
Sundry donations
303,326 25,651 1,375 330,352 311,758
Other voluntary
income
BC ET 33,000 33,000 33,500
HMRC furlough
grant
Donations,
appeals		 etc 12.811 1,168 1,000 14,979 2,713
Legacies 25,619 25,619 10,000
71,430 1.168 1,000 73,598 46,213
374,756 26,819 2,375 403,950 357,971
2.2Activities for generating funds
Church
house/land		 lattings 27,017 27,017 33,993
Church
hall lattings
Beaconsfield
Community		 Mag 17,495 17,495 16,188
Social aaivitias 2,603 2,460 152 5,215 2,612
Dove Cafe 70,587 70,587 184,253
Other fundraising 11,661 11,661 7.232
58,776 73,047 152 131,975 244,278
2.3 Investment
income
Interest 2,156 2,156 86
Dividends 2,659 2,659 2,572
Realised gain/(loss) on investment
4,815 4,815 2,658
2.4Income from charitable activities
Fees 24,856 24,856 25,636
Church
hall lettings		 105,913 105,913 47.639
Booksmg
/ Children
130,769 130,769 73,275
Total Income 569,115 99,866 2,527 671,509 678,182

Unrestricted Designated Restricted 2022 2021
Funds Funds Funds Total Total
6 6 6
3.1 Fundraising
Church
hall and other property		 running costs 1,105 2,566 3,671 3,490
Community
magazine		 21,622 21,622 7.1,365
Charitable
activities/Fees-Weddings		 10,033 10,033 15,319
Social activities 4,434 37,722 42,155 8,379
37,194 40,288 77,481 48,553
3.2Charitable
activities
Parish Share 233.815 233,815 235,955
Clergy
I'xpenses 520 520 7,158
Ordinand/Curate/Family Worker 4,207 4,207 11,594
4,727 4,727 18,752
Church
running
costs
Salaries 8 honoraria 59,402 37,346 96,748 49,643
Church
running
expenses		 36,952 1,410 2,474 40,837 35,008
Church
maintenance		 45,504 45,504 11,126
Church
improvements		 &major repairs
Depreciauon
furniture		 &fixings 24,350 14,557 38,907 38,907
Depreciation
freehold		 property
Training 100 100
Team expenses 963
166,308 53,313 2,474 222,096 135,646
Church
halls
Running
expenses/maintenance		 44,634 148 44,782 49,922
Dove Cafe building costs 73,483 73,483 158,064
Depreciation 3,001 14,924 17,925 17,925
47,635 88,555 136,190 225,911
Youth work
Cost o(youth activities
Church management &administration
Parish Office 50,118 50,118 42,602
Printing,
stationery
&telephone		 5,694 5,694 7,740
Bank chat gee 1,074 1,074 960
Other team costs 5,447 5,447 6,478
62,333 62,333 57,779
3.2 Expenditure
on charitable activities		 514,818 141,868 2,474 659,160 674,043
carried /arward

3.A NALYSIS OF EX PENDI TU RE (Continued)
Unrestricted Designated Restricted 2022 2021
Funds Funds Funds Total Total
6
3.2 Expenditure
on charitable		 activities 514,818 141,868 2,474 659,160 674,043
Brought fonvurd
Grants
Church
overseas
Missionary societies 5,800 5,800 7,594
Relief and development agencies 11,600 11,600 12,656
Home missions & Church societies 6,400 6,400 7,350
DCC Outside Giving 8,820 8,820 11,933
32,620 32,620 39,533
Total Charitable activities 547,438 141,868 2,474 691,780 713,576
3.3 Expenditure
on management		 costs
Audit 9,255 9,255 6,638
TOTAL EXPENDITURE 593,886 182,156 2,474 778,517 768,767
4. STAFF COSTS 2022 2021
Staff Salaries & Honoraria 143,975 106,009
Employers
NIC		 8,145 3,785
Pension 1,482 1,006
153,602 110,800
No clergy (who are considered key management) or trustees received remuneration in the year from the DCCs or PCC.
None ofthe employees were paid at a rate oft'60,000 per annum or more. Team members were reimbursed travelling and other
expenses totalling 6520 (2021:65,615).
2022 2021
St Mary's Clergy 0 4,500
St Michael's Clergy 0 0
StThomas'
Clergy		 520 477
Youth work 0 638
520 5,615

FIXEDASSETS
Freehold Fixtures
Tangible fixed assets for use by the Team Property ik fittings Total
6
Cost as at
I January		 2022 976,975 436,379 1,413,354
Addition
Cost asat 31 December 2022 976,975 436,379 1,413,354
Depreciation
as at		 I January 2022 343,242 164,611 507,853
Charge for the year 17,490 41,907 59,398
Depreciation
as at		 31 December 2022 360,737. 206,518 567,251
Net book value at I January 2022 633,733 271,768 905,501
Net book value at 31 December 2022 616,243 229,861 846,104
Freehold property

Investment
value		 at I January 2022 101,209
Sale
Realised Gain
Unrealised
gain I(loss)
Investment
at 31 December 2022		 ( 11,861)
89,348
Initial Investment at July 2014 100,000
Sale ( 60,000)
Realised
Gain		 15,120
Unrealised
Gain		 34,228
Investment
at 31		 December 2022 89,348
DEBTORS
Sundry debtors
Income tax recoverable 22,850 16,903
Prepayments 2,121 1,997
24,971 18,901
LIABILITIES:amounts falling due in less
than one year
Sundry creditors
and		 accruals 101,462 67,816
Community
magaiine
Audit and accountancy
Outside
giving		 2,509 5,509
103,971 73,324

Fund names Fund names Balance Incoming Outgoing Transfers Balance
b/forward resources resources c/forward
01/01/2022 3 I/12/2022
St Mary's
Fitzwigiams		 Centre 325,000 (11,000) 314,000
PCC 26 Candlemas Mead 145,641 (2,566) 143,075
St Michaefs Fixed Asset Fund 195,750 (18,482) 177,268
Designated Fixed Assets Fund 666,391 (32,048) 634,343
St Thomas' Cafe Fund 53,754 97,407 (149,775) 1,385
St Thomas' Idoltspur Senior Citizens 2,460 (333) 2,126
53,754 99,866 (150,108) 3,512
720,144 99,866 (182,156) 637,853

Balance Incoming Outgoing Transfers Balance
Restricted funds b/forward resources resources c/forward
Fund name 01/01/2022 31/12/2022
6 6
St.Michael's
Bulrushes 3,153 3,153
Garden ofRemembrance 2,369 2,527 (2,474) 2,422
5,522 2,527 (2,474) 5,575