2022-12-31-accounts - The Parochial Church Council Of The Ecclesiastical Parish Of Hagley St John The Baptist With St Saviour

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Legal and	Administrative	Information
Trustee's	Annual Report
Independent Examiners		Report
Statement	of Financial	Activities
Statement	of Financial	Position
Notes to the Financial Statements

Incumbent	Revd Richard	Newton	Chairman
Curate	Revd Kim Topham
Retired Clergy	Revd David Blackburn		(not PCC member)
	Revd Michael	Willows	(not PCC member)
Churchwardens	Barbara Albert		Vice Chair
	Judy Day
	John Gowar
	Michael Norris
Secretary	Sue Priest
Treasurer	lain Wright

Deanery Synod Reps	Barbara	Albert
	Mollie McPherson
Other elected members	Becky Priest
	Graham	Perkins
	Gwen Shaw
	Richard	Scarth
	Margaret	Henderson
	Margaret	Rankin
	Sharon	Bryant
	Jenny Moulder		Safeguarding	Officer
	Malcolm	Roberts

					2022			2021
				Unrestricted	Endowment	Restricted	Total
				Funds	Funds	Funds	Funds	Total Funds
			Note	F	F			F
Income
Donations and legacies				71,413		6,066	77,479	81,191
Charitable activities				42,246			42,246	35,917
Investment	income			22,557			22,557	21,972
Other income				5,239			5,239	5,058
Total income				141,455		6,066	147,521	144,138
Expenditure
Expenditure activities	on charitable			159,288			159,288	155,015
Total expenditure				159,288			159,288	155,015
Net income / (expenditure) before gains/(loses)				(17,833)		6,066	(11,767)	(10,877)
Unrealised investment gains/(losses)			9	(10,073)	(102,465)	(1,988)	(114,526)	43,677
Net income	/ (expenditure)			(27,906)	(102,465)	4,078	(126,293)	32,800
Net income	and net movement		in funds
Total funds	brought	forward	12	95,206	759,994	29,702	884,902	852,102
Transfers			12
Total funds	carried	forward	12	67,300	657,529	33,780	758,609	884,902

Year Ended 31stDece	Year Ended 31stDece	mber 2022
Statement of Financial		Position
				2022	2021
			Note		F
Fixed assets
Tangible fixed assets			8
Investment assets			9	745,625	860,151
Current assets
Stock				100	100
Debtors			10	5,446	6,286
Short term deposits				3,249	3,207
Cash at bank and in hand				37,239	46,670
				46,034	56,263
Creditors: amounts	falling	due within one year		33,050	31,512
Net current assets				12,984	24,751
Total assets less current liabilities				758,609	884,902
Net assets			13	758,609	884,902
Funds ofthe charity
Restricted funds				33,780	29,702
Endowment funds				657,529	759,994
Unrestricted funds
Unrestricted general				30,845	58,751
Designated funds				36,455	36,455
				67,300	95,206
Total charity funds			12	758,609	884,902

o	tes to the Financial Statemen	tes to the Financial Statemen	tes to the Financial Statemen	ts
2	Analysis of income
				Unrestricted	Endowment	Restricted	Total Funds
				Funds	Funds	Funds	2022
				F	F	F
	Donations		and legacies
	Donations			53,386			53,386
	Collections		(open plate) all services	4,330			4,330
	Gift Aid			13,697			13,697
	Friends of	StJohns donation				6,066	6,066
	Grants
	Legacies
				71,413		6,066	77,479
	Charitable		activities
	Community		events	14,360			14,360
	Wedding,	funeral and burial fees		26,783			26,783
	Supermarket		scheme	200			200
	Coffee income			168			168
	Room and	hall rental		735			735
				42,246			42,246
	Investment		income
	Investment		income	22,557			22,557
				22,557			22,557
	Other income
	Other Income			4,277			4,277
	Reimbursement ofexpenses			962			962
				5,239			5,239
	Total income			141,455		6,066	147,521

o	tes to the	tes to the	Financial Statemen	ts
2	Analysis of		income (Continued)
				Unrestricted	Endowment	Restricted	Total Funds
				Funds	Funds	Funds	2021
				F	F	F
	Donations		and legacies
	Donations			57,811			57,811
	Collections		(open plate) all services	5,347			5,347
	Gift Aid			12,787			12,787
	Friends of	StJohns donation				3,746	3,746
	Grants			1,500			1,500
	Legacies
				77,445		3,746	81,191
	Charitable		activities
	Community		events
	Wedding,	funeral and burial fees		33,590			33,590
	Supermarket		scheme	1,920			1,920
	Coffee income			67			67
	Room and	hall rental		340			340
				35,917			35,917
	Investment		Income
	Investment		income	21,972			21,972
				21,972			21,972
	Other income
	Other income			4,177			4,177
	Reimbursement ofexpenses			881			881
				5,058			5,058
	Total income			140,392		3,746	144,138

			Unrestricted	Endowment	Restricted	Total Funds
			Funds	Funds	Funds	2022
			F	F	F
Building running	costs		31,990			31,990
Church management administration		and	26,999			26,999
Church running	costs		4,757			4,757
Clergy assigned	fees		1,283			1,283
Clergy expenses			6,214			6,214
Mission giving and donations			5,065			5,065
Parish fees			2,925			2,925
Parish share			65,596			65,596
Salary and honoraria costs			12,175			12,175
Supermarket scheme		costs	288			288
Wedding and funeral costs			1,996			1,996
			159,288			159,288
			Unrestricted	Endowment	Restricted	Total Funds
			Funds	Funds	Funds	2021
Building running	costs		21,882			21,882
Church management administration		and	23,158			23,158
Church running	costs		3,932			3,932
Clergy assigned	fees		1,804			1,804
Clergy expenses			6,215			6,215
Mission giving and donations			4,189			4,189
Parish fees			5,576			5,576
Parish share			68,000			68,000
Salary and honoraria costs			11,516			11,516
Supermarket scheme		costs	1,548			1,548
Wedding and funeral costs			7,195			7,195
			155,015			155,015

2022	2021
f.
1,661	1,560

Staff costs
The total staff costs and	employee	benefits for the reporting	period	are analysed as follows:
				2022	2021
					F
Wages and salaries				4,674	10,300
Social security costs
Employer contributions	to pension	plans
				4,674	10,300

			2022	2021
Average	head	count	1	1

				2022	2021
		Susan Priest		8,175	6,996
8	Tangible	fixed assets
			Freehold	Fixtures and
			property	fittings	Total
					f.
	Cost as	at 1stJanuary 2022		6,123	6,123
	Additions
	Cost as	at 31stDecember 2022		6,123	6,123
	Depreciation as at 1stJanuary 2022			6,123	6,123
	Depreciation Charge
	Depreciation as at 31stDecember 2022			6,123	6,123
	Net Book Value as at 31stDecember 2022
	Net BookValue as at 31stDecember 2021

				Permanent
			Investment	deposited
			fund shares	funds	Total
				F
Opening	balance as at the 1stJanuary 2022		857,447	2,704	860,151
Additions
Disposals
Unrealised		gains/(losses)	(114,555)	29	(114,526)
Closing balance as at 31stDecember 2022			742,892	2,733	745,625

	2022	2021
	f.
Debtors and accrued income	4,826	5,666
Prepayments	620	620
	5,446	6,286

	2022	2021
Accruals	21,496	17,960
Trade creditors	1,377	2,877
Other creditors	10,000	10,500
Defered income	177	175
	33,050	31,512

			1 Jan 2022	Income	Expenditure	Gains/Loses	Transfers 31 Dec 2022	Transfers 31 Dec 2022
				F	F		F
Unrestricted
General			58,751	141,455	(159,288)	(10,073)		30,845
			58,751	141,455	(159,288)	(10,073)		30,845
Designated
Music Fund			10,000					10,000
2020 Bequest			3,205					3,205
Major Repairs			23,250					23,250
			36,455					36,455
Total unrestricted			95,206	141,455	(159,288)	(10,073)		67,300
Endowment		funds
			1 Jan 2022	Income	Expenditure	Gains/Loses	Transfers 31 Dec 2022
			F	F	F	F	F	F
Marston Legacy Priest Expenses			128,697			(14,997)		113,700
TC Edwards Maintenance	Church		8,127			(956)		7,171
Marston Trust Maintenance		Chruch	8,243			(970)		7,273
CG Davies Maintenance	StJohns		47,476			(5,589)		41,887
Church Hall	Fund		86,823			(10,459)		76,364
Church Cottage Fund			464,157			(68,116)		396,041
TC Edwards Expenses	Rector		11,708			(1,378)		10,330
Other			4,763					4,763
Total endowment			759,994			(102,465)		657,529

tes to the Financial	Statements
	1 Jan 2022	Income	Expenditure	Gains/Loses	Transfers 31 Dec 2022
	F	F	E	F	E	F
Restricted funds
Church 8 Church Yard	20,474			(1,988)		18,486
StJohns Fabric
(Hingley)
StJohn Belfry	4,605					4,605
Helen Shaw Youth Fund	576					576
St John' s Development	91					91
Peace Garden	210					210
Friends St John' s	3,746	6,066				9,812
Total restricted	29,702	6,066		(1,988)		33,780
Total funds	884,902	147,521	(159,288)	(114,526)		758,609

			1 Jan 2021	Income	Expenditure	Gains/Loses	Transfers 31 Dec 2021	Transfers 31 Dec 2021
			F	F	E	F	E	F
Unrestricted
General			65,809	140,392	(155,015)	7,565		58,751
			65,809	140,392	(155,015)	7,565		58,751
Designated
Music Fund			10,000					10,000
2020 Bequest			3,205					3,205
Major Repairs			23,250					23,250
			36,455					36,455
Total unrestricted			102,264	140,392	(155,015)	7,565		95,206
Endowment		funds
			1 Jan 2021	Income	Expenditure	Gains/Loses	Transfers 31 Dec 2021
				F	F		F
Marston Legacy Priest Expenses			129,364			(667)		128,697
TC Edwards Maintenance	Church		7,409			718		8,127
Marston Trust Maintenance		Chruch	7,515			728		8,243
CG Davies Maintenance	StJohns		47,658			(182)		47,476
Church Hall	Fund		104,840			(18,017)		86,823
Church Cottage Fund			412,658			51,499		464,157
TC Edwards Expenses	Rector		10,673			1,035		11,708
Other			4,763					4,763
Total endowment			724,880			35,114		759,994

tes to the Financial	Statements
	1 Jan 2021	Income	Expenditure	Gains/Loses	Transfers 31 Dec 2021
	F	F	E	F	E	F
Restricted funds
Church 8 Church Yard	19,476			998		20,474
StJohns Fabric
(Hingley)
StJohn Belfry	4,605					4,605
Helen Shaw Youth Fund	576					576
St John' s Development						91
Peace Garden	210					210
Friends St John' s		3,746				3,746
Total restricted	24,958	3,746		998		29,702
Total funds	852,102	144,138	(155,015)	43,677		884,902

		Unrestricted	Endowment	Restricted	Total Funds
		Funds	Funds	Funds	2022
		F	F
Fixed assets		88,096	639,043	18,486	745,625
Current assets		30,740		15,294	46,034
Creditors less than	1 year	(33,050)			(33,050)
		85,786	639,043	33,780	758,609
		Unrestricted	Endowment	Restricted	Total Funds
		Funds	Funds	Funds	2021
		F	F		E
Fixed assets		100,157	739,520	20,474	860,151
Current assets		47,035		9,228	56,263
Creditors less than	1 year	(31,512)			(31,512)
		115,680	739,520	29,702	884,902