**Charity registration number 1132301** ## **THE PCC OF CHURCH OF THE GOOD SHEPHERD CARSHALTON BEECHES** **ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS** **FOR THE YEAR ENDED 31 DECEMBER 2022** The Parochial Church Council of the Ecclesiastical Parish Church of the Good Shepherd, Carshalton Beeches Annual Report and Financial Statements of the Parochial Church Council for the year ended 31 December 2022 INCUMBENT: The Rev Kevin Lewis 38 Beeches Avenue Carshalton Surrey SM5 3LW BANKERS: Barclays Bank Plc 39 - 43 High Street Sutton Surrey SM1 1DR The Central Board of Finance of the Church of England CCLA Investment Management Limited One Angel Lane London EC4R 3AB INDEPENDENT EXAMINER: Warner Wilde Limited 4 Marigold Drive Bisley Woking Surrey GU24 9SF ALL CORRESPONDENCE TO: Mr Chris Nutting 1 The Close Carshalton Surrey SM5 4PE 1 The Parochial Church Council of the Ecclesiastical Parish Church of the Good Shepherd, Carshalton Beeches ANNUAL REPORT For the year ended 31 December 2022 The Trustees present their annual report and financial statements for the year ended 31 December 2022. The financial statements have been prepared in accordance with the accounting policies set out in notes to the accounts and comply with the charity’s governing document, the Charities Act 2011 and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) effective 1 January 2019. ## STRUCTURE, GOVERNANCE AND MANAGEMENT The Parochial Church Council (PCC) is a corporate body (governed by PCC Powers Measure 1956, Church Representation Rules 2017) and is a registered charity, number 1132301. Members of the PCC are either ex officio or elected by the Annual Parochial Church Meeting (APCM) in accordance with the Church Representation Rules. Members can be co-opted by the PCC. |During the year the following served as members of the PCC.
_Incumbent:_|During the year the following served as members of the PCC.
_Incumbent:_| |---|---| |The Rev Kevin Lewis|| |_Assistant Curate_:|| |The Rev Hannah Gordon|| |_Churchwardens:_|| |Mrs Helen Moore|(from APCM 03:04.2022 - Lay Chair)| |Mr Anthony Thompson|| |_Representation on the Deanery Synod:_|| |Mrs Janet Hill|| |Mr David Locke|| |Mrs Sue Shale|(until PCC 18.01.2022)| |_Members:_|| |Mrs Emma Clements|| |Mr Mark Crompton|(from APCM 03.04.2022)| |Mrs Hannah Flowers|| |Miss Jude Germain|| |Mr Nicholas James|| |Mr Hafisi Kadiri|| |Mr Paul Moore|(until APCM 03.04.2022)| |Mr Nigel Munt|(until APCM 03.04.2022 - Lay Chair)| |Mr Chris Nutting|Treasurer| |Mrs Dilani Pararajasingam|| |Mr Michael Potter|| |Mrs Michaela Strivens|(from APCM 03.04.2022)| |Mrs Cheryl Thompson|(until APCM 03.04.2022)| |Mrs Sarah Van Rensburg|PCC Secretary| ## _Co-opted member:_ Mrs Ruth Rutt (from PCC 13.09.2022) 2 The Parochial Church Council of the Ecclesiastical Parish Church of the Good Shepherd, Carshalton Beeches ANNUAL REPORT (continued) For the year ended 31 December 2022 ## COMMITTEES The full PCC met six times during the year in January, March, May, July, September and November. The PCC members, who are also Trustees for the purpose of charity law, are, if they are not ex-officio or co-opted members, nominated and elected at the Annual Parochial Church Meeting. New members of the PCC are inducted into the workings of the Parochial Church Council through meetings with existing members of the PCC, the churchwardens and the Incumbent. The training of new PCC members is on-going, and information is cascaded to them from the Diocese, the Deanery, the Vicar and the Churchwardens. ## STANDING COMMITTEE This is the only committee required by law. It has power to transact the business of the PCC between its meetings, subject to any directions given by the Council. ## OBJECTIVES AND ACTIVITIES FOR THE PUBLIC BENEFIT The PCC of the Church of the Good Shepherd has the responsibility of co-operating with the incumbent, in promoting in the ecclesiastical parish the whole mission of the Church. Our vision as a PCC is to be ‘faithful stewards, strategic planners and prophetic thinkers’, within the wider parish vision of being Rooted in Christ, Growing in Faith and Fruitful in Love. ## ACHIEVEMENTS AND PERFORMANCE There are 139 names on the electoral roll of which 80 are resident in the parish and 59 are non-resident. This is the first full uninterrupted year since the Covid lockdowns of 2020 and 2021, and our congregation numbers are recovering nearer to pre-pandemic levels. Congregation numbers during the annual October count amounted to 78 including children, with 10-15 new members joining through the year. We have seen an increase in our children and youth attendance, with a regular 8-12 in Kids@10 and 8-12 in Youth@10, alongside a regular 15 at our Sunday afternoon youth group Youth@5. Christmas services also returned, and along with the familiar Family Nativity, Carols by Candlelight, Midnight Communion and Christmas Day Celebration we added an in-house Christingle, and Carols by Starlight, which is an outdoor carol service inspired by last year’s covid-era one. This was a great success. In accordance with our vision to be Rooted in Christ, Growing in Faith and Fruitful in Love we usually run a variety of activities in addition to our regular services, some aimed at the church community and others at the wider community. 2022 saw the growth of our bereavement ministry, with the Bereavement Journey being run twice during the year, and the new BEES bereavement support group running fortnightly and attended by 10-15 people. Our Twiglets toddler group, begun in September 2021, also became more established and has a regular 20-25 children coming each week. We opened the building as a ‘warm space’ in November and December, as our response to the cost-of-living crisis. We were also able to hold both our summer and Christmas fair this year, both of which were a great success, and raised a good amount for charity as well as being a great event to bring the community together. ## FINANCIAL REVIEW In 2022, Conference Centre and Church Hall income amounted to £61,829 (2021: £36,614). In 2022, donations and legacies including gift aid recovered amounted to £281,954 (2021: £224,864). The Incumbent is aware of the changing demographics and financial situations of the congregation, 3 The Parochial Church Council of the Ecclesiastical Parish Church of the Good Shepherd, Carshalton Beeches ANNUAL REPORT (continued) For the year ended 31 December 2022 and will make a financial appeal this spring. Together with the Treasurer and the Churchwardens, careful attention will continue to be given to the church’s income and expenditure. We are pleased that we were able to support overseas and home missions to the extent of £22,602 (2021: £22,271) due to the generosity of our congregation. A total of £13,871 was raised by holding the Midsummer Fair and Christmas Fete events (2021: £8,700). This income is used to benefit charities at home and abroad. ## REFURBISHMENT AND REDECORATION PROJECT The church is still suffering from water ingress upon which we are being advised by our architects. The leak found in the church hall toilets during 2020 was resolved in 2022. The cost of resolving the issue was paid directly to contractors by our insurers. ## RISK MANAGEMENT The Churchwardens and the PCC are committed to best practice in all matters concerning safeguarding issues as recommended by the Diocese. The PCC is appraised of these specialised areas of risk management by qualified members of the congregation and other specialists within the Deanery and Diocese. The management of these risks is reviewed annually, and systems and procedures are established to manage them. The PCC is aware of its duty to have regard to the Safeguarding and Clergy Discipline Measure 2016 and the House of Bishops ’guidance on safeguarding children and vulnerable adults and works in line with Diocesan policies and procedures. ## RESERVES POLICY The general fund £197,939 and the designated charity fund £8,660 are both unrestricted. There is a restricted charity fund of £724. ## KEY MANAGEMENT PERSONNEL The trustees consider the Members of the PCC as comprising the key management personnel of the charity in charge of directing and controlling the charity and running and operating the charity on a dayto-day basis. Trustees are required to disclose all relevant interests and register them with the secretary and in accordance with the charity’s policy withdraw from decisions where a conflict of interest arises. Neither the charity nor any of the trustees presently have such interests but any such interests would be disclosed should they arise. Fran Lewis, the wife of the Incumbent, the Rev. Kevin Lewis, has been employed (part time) since April 2019 as Church Centre Manager (note 11). On behalf of the PCC Rev Kevin Lewis (Incumbent) Date: 4 THE PCC OF CHURCH OF THE GOOD SHEPHERD CARSHALTON BEECHES INDEPENDENT EXAMINER'S REPORT TO THE PCC OF THE PCC OF CHURCH OF THE GOOD SHEPHERD CARSHALTON BEECHES I report to the PCC on my eK8mination ol the financial statements of The PCC of Church of the Good Shepherd C2rshallon Beeches Ilhe churchl for the year ended 31 December 2022. Responsibilities and basis of report As the PGC of the church you ar8 resFx)nsible for the preparation of the financial statements in accordance with the f4u1￿MentS of the Charities Act 2011 Ilhe 2011 Acll. I rèport in respect of my examination of the church's financial slatem8nts carried out under section 145 of the 2011 Act. In carrying out my examination I have ft)Ilowed all th8 applicable Directions given by the Gharity Commission under section 145{5llb) of the 2011 Act. Indepandent examinerfs statement Since th8 church's gross income exC￿ded £250,000 your examiner must be A member of a body listéd in sects'on 145 of Ihg 2011 Act. I conffnn that l am qualified lo undertake the Oxarllination because l am a membèr of the Association of Chartered Certified Accountants, which is one of the listed bodies. Your attention is drawn to the fact that thè charity has prepared financial statements in accordanca with Accounting and Reporting by Chariti&5 preparing their accounts in accordance with the Financial Reporting Standard applicablè In the UK and Republic of Ireland IFRS 1021 in pref&r8nce ID the Accounting and Reporting by Charities.. Statement of Recomfflended Practice Issued on 1 April 2005 which is rafèrred lo in th8 extant regLJlations but has now begn withdrawn. l understand that this has been done in order for financial statèments tD provide a true and fair view in accordance with Generally Accepted Accounting Practice &ff8clive lor reporting periocss baginning on or after 1 January 2015. I have completed my axamination. I confirm that no matters have ￿rne to my attention In ￿nnection with the gxaminalion giving me cause lo balieve that in any matèrial respect.. accounting r￿ordS were not kept in respect Df the church as required by section 130 of the 2011 Acl,- or the financial statements do not a¢¢ord with those records,. or the financi81 statements do not comply with the applSc8ble requirements conceming the form and conlenl of accounts sel out in the Charib'es {Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a tru& and fair vlew which is not a Matter considered as part of an Independent examination. I have no ￿nCernS and have come across no other matters in connection with the examination lo which attention should be drawn in this r@port in order to enable a propar understanding of the financial slalemenls to be reached. F J Wilde FCCA MBA DChA Warner Wilde 4 Marfgold Orive Bisley Surrey GU24 9SF 11 MA LOLI Dated.. THE PCC OF CHURCH OF THE GOOD SHEPHERD CARSHALTON BEECHES STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 DECEMBER 2022 Current financlal y•8r Unrestrictad Unrestricted Rastrl¢ted funds funds funds general designated 2022 2022 Total Total 2022 2022 2021 Notes fro Donations and legacies Charitable activities Investments 258,882 64,262 1.385 14,309 8,763 281,954 64,262 1,385 224,864 43,220 32 Total Income 324,529 14,309 8,763 347,601 268,116 en Raising funds 993 993 540 Charitable activits'&s 251,156 72,130 8.232 271,518 226,508 Total •xpendltur8 251.156 13.123 8,232 272,511 227,048 Net income for the yearl Net movement In funds 73,373 1,186 531 75,090 41.068 Fund balances at 1 January 2022 124.566 7,474 193 132,233 91,165 Fund balances at 31 De¢emb8r 2022 197.939 8,660 724 207,323 132,233 The stat6rnenl of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing acbvibes. THE PCC OF CHURCH OF THE GOOD SHEPHERD CARSHALTON BEECHES STATEMENT OF FINANCIAL ACTIVITIES {CONTINUED} INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 DECEMBER 2022 Prlor flnancial year Unre8trlcted Unr•$tricted R&strleted funds funds funds gèneral designatéd 2021 2021 Total 2021 2021 Notes Donab'ons and legaclas Charitable activities Investments 215,058 43,220 32 9,806 224,864 43.220 32 Total income 258,310 9.806 268,116 en Iture on. Raising funds 540 Charitable activities 210,540 11,962 4,006 226,508 Total oxpendituro 211,080 11,962 4.006 227,048 Gross transfers between funds Nèt ineorne tor th• yèarl Nat movemant In funds 12991 10.333 110,0341 46,931 {1,6291 14,234) 41.068 Fund balances at 1 January 2021 77,635 9,103 4,427 91,165 Fund balancos at 31 Decembor 2021 124,566 7.474 193 132,233 THE PCC OF CHURCH OF THE GOOD SHEPHERD CARSHALTON BEECHES BALANCE SHEET AS AT 31 DECEMBER 2022 2022 2021 Notes Current asset$ Debtors Cash al bank and in hand 12 17.750 207,326 21,652 114,885 225.076 136,537 Credllors: amounts falllng due withln one year 13 117,7531 14,3041 Net current assets 207,323 132,233 Income funds Restricted funds Unr& ricted funds Deslgnated funds General un￿SIr￿led funds 14 724 193 15 8.660 197,939 7,474 124.566 206,599 132,040 207,323 132.233 The financial statemonls were approved by the PCC on 14 1023 Trusteè **THE PCC OF CHURCH OF THE GOOD SHEPHERD CARSHALTON BEECHES** ## **NOTES TO THE FINANCIAL STATEMENTS** _**FOR THE YEAR ENDED 31 DECEMBER 2022**_ ## **1 Accounting policies** ## **Charity information** The PCC of Church of the Good Shepherd Carshalton Beeches is a corporate body (governed by PCC Powers Measure 1956, Church Representation Rules 2017) and is a registered charity, number 1132301. ## **1.1 Accounting convention** The financial statements have been prepared in accordance with the church's governing document, the Charities Act 2011 and "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)". The church is a Public Benefit Entity as defined by FRS 102. The church has taken advantage of the provisions in the SORP for charities applying FRS 102 Update Bulletin 1 not to prepare a Statement of Cash Flows. The financial statements have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a true and fair view. This departure has involved following the Statement of Recommended Practice for charities applying FRS 102 rather than the version of the Statement of Recommended Practice which is referred to in the Regulations but which has since been withdrawn. The financial statements are prepared in sterling , which is the functional currency of the church . Monetary a mounts in these financial statements are rounded to the nearest £. The financial statements have been prepared under the historical cost convention, [modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value]. The principal accounting policies adopted are set out below. ## **1.2 Going concern** At the time of approving the financial statements, the PCC have a reasonable expectation that the church has adequate resources to continue in operational existence for the foreseeable future. Thus the PCC continue to adopt the going concern basis of accounting in preparing the financial statements. ## **1.3 Charitable funds** Unrestricted funds are available for use at the discretion of the PCC in furtherance of their charitable objectives. Restricted funds are subject to specific conditions by donors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements. ## **1.4 Income** Income is recognised when the church is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received. Cash donations are recognised on receipt. Other donations are recognised once the church has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation. Legacies are recognised on receipt or otherwise if the church has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset. - 9 - **THE PCC OF CHURCH OF THE GOOD SHEPHERD CARSHALTON BEECHES** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 DECEMBER 2022**_ ## **1 Accounting policies** **(Continued)** ## **1.5 Expenditure** Expenditure is recognised when either a legal or constructive obligation is identified, is measurable and payment is probable. Irrecoverable VAT is charged against the expenditure heading for which is was incurred. ## **1.6 Cash and cash equivalents** Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities. ## **1.7 Financial instruments** The church has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments. Financial instruments are recognised in the church 's balance sheet when the church becomes party to the contractual provisions of the instrument. Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously. ## _**Basic financial assets**_ Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised. ## _**Basic financial liabilities**_ Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future p aymen ts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised. Debt instruments are subsequently carried at amortised cost, using the effective interest rate method. Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method. ## _**Derecognition of financial liabilities**_ Financial liabilities are derecognised when the church ’s contractual obligations expire or are discharged or cancelled. - 10 - **THE PCC OF CHURCH OF THE GOOD SHEPHERD CARSHALTON BEECHES** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 DECEMBER 2022**_ ## **1 Accounting policies** ## **(Continued)** ## **1.8 Employee benefits** The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received. Termination benefits are recognised immediately as an expense when the church is demonstrably committed to terminate the employment of an employee or to provide termination benefits. ## **1.9 Retirement benefits** Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due. ## **2 Critical accounting estimates and judgements** In the application of the church’s accounting policies, the PCC are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods. - 11 - ## **THE PCC OF CHURCH OF THE GOOD SHEPHERD CARSHALTON BEECHES** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 DECEMBER 2022**_ ## **3 Donations and legacies** |**Unrestricted Unrestricted**
**Restricted**
**funds**
**funds**
**funds**
**general d esignated**
**2022**
**2022**
**2022**
**£**
**£**
**£**
Donations and gifts
158,188
14,309
8,763
Legacies receivable
99,000
-
-
Grants
1,694
-
-
258,882
14,309
8,763|**Total**Unrestricted
Restricted
funds
funds
general
**2022**
2021
2021
**£**
£
£
181,260
215,058
9,806
99,000
-
-
1,694
-
-
281,954
215,058
9,806|Total
2021
£
224,864
-
-
224,864| |---|---|---| - 12 - **THE PCC OF CHURCH OF THE GOOD SHEPHERD CARSHALTON BEECHES** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 DECEMBER 2022**_ ## **4 Charitable activities** ||**Charitable**|**Charitable**| |---|---|---| ||**Income**|**Income**| ||**2022**|**2021**| ||**£**|**£**| |Services provided under contract|2,098|4,515| |Charitable rental income|61,829|36,614| |Book sales and other income|335|2,091| ||64,262|43,220| ## **5 Investments** |**6**|**Unrestricted**Unrestricted
**funds**
funds
**general**
general
**2022**
2021
**£**
£
Interest receivable
1,385
32
**Raising funds**
**Unrestricted**Unrestricted
**funds**
funds
**d esignated**
general
**2022**
2021
**£**
£
Fundraising and publicity
Other fundraising costs
993
540
993
540| |---|---| - 13 - **THE PCC OF CHURCH OF THE GOOD SHEPHERD CARSHALTON BEECHES** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 DECEMBER 2022**_ ## **7 Charitable activities** ||**Charitable**|
**Charitable**| |---|---|---| ||**Expenditure**|
**Expenditure**| ||**2022**|
**2021**| ||**£**|
**£**| |Staff costs|16,610|
14,027| |Diocesan Parish Pledge|60,000|
90,000| |Maintenance and repairs|116,867|
48,335| |Ministry|11,645|
7,262| |Curate's accomodation|8,500|
8,500| |Refurbishment project|-|
(53)| |Other expenditure|4,466|
4,350| ||218,088|
172,421| |Grant funding of activities (see note 8)|22,602|
22,271| |Share of support costs (see note 9)|28,524|
30,136| |Share of governance costs (see note 9)|2,304|
1,680| ||271,518|
226,508| |**Analysis by fund**||| |Unrestricted funds - general|251,156|
210,540| |Unrestricted funds - designated|12,130|
11,962| |Restricted funds|8,232|
4,006| ||271,518|
226,508| ## **8 Grants payable** ||**Charitable**|
Charitable| |---|---|---| ||**Expenditure**|
Expenditure| ||**2022**|
2021| ||**£**|
£| |Grants to institutions:||| |Other|22,602|
22,271| - 14 - **THE PCC OF CHURCH OF THE GOOD SHEPHERD CARSHALTON BEECHES** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 DECEMBER 2022**_ |**9**
**Support costs**
**Support**
**costs**
**Governance**
**costs**
**£**
**£**
Utilities
12,398
-
Insurance
5,194
-
Church Hall expenses
5,734
-
Conference Centre
expenses
-
-
Fees
1,208
-
Equipment
3,990
-
Independent Examiner's
fee
-
2,304
28,524
2,304
Analysed between
Charitable activities
28,524
2,304|**2022**
Support
costs
Governance
costs
**£**
£
£
12,398
13,161
-
5,194
5,296
-
5,734
7,368
-
-
255
-
1,208
4,056
-
3,990
-
-
2,304
-
1,680
30,828
30,136
1,680
30,828
30,136
1,680|2021
£
13,161
5,296
7,368
255
4,056
-
1,680
31,816
31,816| |---|---|---| ## **10 PCC** None of the PCC received remuneration or benefits during the year in their role as PCC member. One PCC member received a salary commensurate with her role as Church Lettings Manager. ## **11 Employees** The average monthly number of employees during the year was: ||**2022**|**2021**| |---|---|---| ||**Number**|**Number**| |Parish Administrators|2|2| |**Employment costs**|**2022**|**2021**| ||**£**|**£**| |Wages and salaries|15,606|13,066| |Social security costs|26|-| |Other pension costs|978|961| ||16,610|14,027| The church employs two part-time Parish Administrators (2021: two), including amounts paid to a party related to K Lewis of £9,840 (2021: £9,548). There were no employees whose annual remuneration was more than £60,000. - 15 - ## **THE PCC OF CHURCH OF THE GOOD SHEPHERD CARSHALTON BEECHES** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 DECEMBER 2022**_ |**12**
**Debtors**
**Amounts falling due within one year:**
Other debtors
Prepayments and accrued income
**13**
**Creditors: amounts falling due within one year**
Accruals and deferred income|**2022**
**£**
11,694
6,056
17,750
**2022**
**£**
17,753|**2021**
**£**
11,300
10,352
21,652
**2021**
**£**
4,304| |---|---|---| - 16 - ## **THE PCC OF CHURCH OF THE GOOD SHEPHERD CARSHALTON BEECHES** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** ## _**FOR THE YEAR ENDED 31 DECEMBER 2022**_ ## **14 Restricted funds** The income funds of the charity include restricted funds comprising the following unexpended balances of donations and grants held on trust for specific purposes: |||**Movement in funds**|**Movement in funds**||||**Movement in funds**|**Movement in funds**|| |---|---|---|---|---|---|---|---|---|---| ||**Balance at**|**Incoming**|**Resources**|**Transfers**||**Balance at**|**Incoming**|**Resources**|**Balance at**| ||**1 January 2021**|**resources**|**expended**||**1**|**January 2022**|**resources**|**expended**|**31 December**| ||||||||||**2022**| ||**£**|**£**|**£**|**£**||**£**|**£**|**£**|**£**| |Charity Fund|193|3,470|(3,470)|-||193|8,763|(8,232)|
724| |General Maintenance and Development Fund|4,234|6,336|(536)|(10,034)||
-|-|-|-| ||4,427|9,806|(4,006)|(10,034)||
193|8,763|(8,232)|
724| The restricted charity fund is sourced by special collections (such as The Children's Society, Christian Aid, the Turkish earthquake), which are then passed on to the relevant charity. - 17 - ## **THE PCC OF CHURCH OF THE GOOD SHEPHERD CARSHALTON BEECHES** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 DECEMBER 2022**_ ## **15 Designated funds** The income funds of the charity include the following designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes: ||||||**Movement in funds**|**Movement in funds**|| |---|---|---|---|---|---|---|---| ||**Balance at**|**Resources**|**Transfers**|
**Balance at**|**Incoming**|**Resources**|**Balance at**| ||**1 January 2021**|**expended**||**1 January 2022**|**resources**|**expended**|**31 December**| ||||||||**2022**| ||**£**|**£**|**£**|
**£**|**£**|**£**|**£**| |General|||||||| |Charity Fund|
9,103|(11,962)|10,333|
7,474|14,309|(13,123)|
8,660| ||9,103|(11,962)|10,333|
7,474|14,309|(13,123)|
8,660| The designated general charity fund is sourced by the income from two annual fairs and any donations made by a member of the congregation for charitable use. - 18 - ## **THE PCC OF CHURCH OF THE GOOD SHEPHERD CARSHALTON BEECHES** ## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 DECEMBER 2022**_ |**16**
**Analysis of net assets between funds**
**Unrestricted**
**funds**
**Designated**
**funds**
**Restricted**
**funds**
**2022**
**2022**
**2022**
**£**
**£**
**£**
Fund balances at 31 December 2022 are
represented by:
Current assets/(liabilities)
197,939
8,660
724
197,939
8,660
724|**Total**Unrestricted
funds
Designated
funds
Restricted
funds
**2022**
2021
2021
2021
**£**
£
£
£
207,323
124,566
7,474
193
207,323
124,566
7,474
193|Total
2021
£
132,233
132,233| |---|---|---| - 19 -