THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF SAWBRIDGEWORTH Registered Charity 1132562 Report and Financial Statements Year ended 31 December 2022 ter Jlajesty 1926- 2022 WeFff4iyOU fw. th• &pth oth•rChrf6* Ind th• sth• bprnts il d••
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF SAWBRIDGEWORTH Regist•rnd Charrty l 132562 Contents Annual Report Introductiofi from the Alm and purpose (r thurch community Mission and 9ivlng Outreach Spellbrook Coft wlm•ry School Fltst Ald Fundraising Plans for future periods financial review Going concern R•5erve5 policy Risk management Slructure. governance and manager1 Administrative information 3-12 11 Independent Examinerfs Rep¢xt Ststement of Financial Activities 13 14 Balance Sheet 15 Notss to the Financial Statements 16-23 J. The Roinbow Garden
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF SAWBRIDGEWORTH Registered Charlty 1132562 Annual Report for 2022 Introduction from the Vicar. Fr Simon Wivian Welcome to this report on the life and ministry in 2022 of Great St Mary's Church, Sawbridgeworth. Whilst the last few months of 2021 saw so many organisations - includin9 Great St Mavs - begin to find their feet again after the depths of the Covid-19 pandemic and its successive lockdowns, 2022 has been a year in which. in most areas of our church life as this report testifies we've been able to worship, live, and play far more freely again at Great St Mary's. As a resulL the church's commitment to God, to one another, and to the wider community of SawbTidgeworth has been evident once again. As well as our gUlar seNices, for which congregation numbets have remained steady, highlights for me must include the nY-establiShed monthly Mustsrd Seed gathering and tea for younger members of our community, the St George's Parade and Service attended by the town's many uniformed organisations and bfigades, confjrmation course followed by a confirmation service presided over by Bishop Alan of St Albans, a parish weekend to the Anglican Shrine in Walsingham. a civic service in honour of our town's mayor, a parish lunch and service to celebrate Queen Elizabeth's Platinum Jubilee, our patronal seNice and lunch to which we welcomed Bev jul1 Chief Executive of Mothers, Union - as our guest speaker. the annual Remembrance Sunday Parade and service, and the good attendance at ourvarious Advent and Christmas services by young and old alike. During LenL we also held a series of Wednesday evenin9 presentations exploring the history and structure of the Eucharist These were joyful services and events. However, 2022 also saw the passing of Queen Elizabeth 11. The church played a key role in marking the rnornent tolling its bells at the appropriate tirnes. ensuring the community had the opwrtunity to spend time in the church mourning The Queen's death (several hundred candles were lit in prayer by indivTdualsl. and holding a cwic semce of remembrance and thanksgivtng for the long life and reign of Her Late Majesty. Ilt was a coincidence that the annual parish away day was going to be a visit to Windsor Castle wrth a guided tour of St George's Chapel. The date fell within the nine days of national mouming, 50 had to be postponed until January 2023. when we had the privilege of seeing Her Late Majestls gravestone in the Chapel.) More widely than our worship. the church's life and fellowship increased dramatically through 2022 from the situation during the pandemic In addition to the parish lunches already mentioned and our monthly Mothers, Union talks, the church's Outreach Committee has been very active. It organised a wonderful flower. bridal. and Sculpture festival in early July, which saw hundreds pass through the church and its grounds to admire the various displays of flowers. beautiful wedding dresses lone from each decade of the 20th century), and, outside in the churchyard and of particular interest to the younger members of our community, sculptures made from naturally OCCUTring materials such as stone and wood, much of which was gathered from around the churchyard. This was also the moment when the new Rainbow Garden was coming into full bloom Isee page 21. Planted by children attending one of the Mustard Seed gatherings earlier in the year, the bow-shaped bed in the churchyard. reflectir¥J on the pandemic emblem and reminding of the beaity of God's earth, has brought joy to so many passing through the churchyard, and satisfaction to those who have $0 diligently tended to it.
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PAR15H OF SAWBRIDGEWORTH Reg15tered Charfty l 132562 The Outreach Committee was a150 at the heart of our beetle drive evening I'Beedes and Bubbll) in October and our Festival of Light in eady December. This, on the day of the town's switching on of the Christmas lights, saw the chufch filled with candlelight. Having liaised with our local schools and unifomied organisations, we also received hundreds of creatively-made lanterns crafted by the children speciallyfor the event Around 1.3W people passed through the church doors to tske in the magical scene. But joy in 2022 wasn't only to be found in the stillness of candlelight It was also to be found in the beauty of the many imaginative flower arrangements. the sound of the church bells frequently ringing out across the town, and in the sound of our church choir. All demand our thanks for bringing colour and emotion to our worship and church thi5 past year. In addition to their regular mu5ic-making, highlights for the choir must include their performance. in the run up to Holy Week arKI Easter, of John Stainerf5 oratorio 'The Crucifixion,, and their sweet serenading of our congregations during our Advent and Christmas carol 5ervice5. Whilst it would be wrong to highlight specific names, a number of people have been key to keeping the church moving forward this past yeor. They know who they are, and our thanks goes out to each one of them not least to those who oveT5ee the general maintenance of our buildings, broLJght about the church car park's new automatic entry bollard system, have been negotiating the handing over the maintenance of the churchyard to the town council, and overseeing the selettion of our Charities of the Year_ However, it's worth noting by name our new Parish Administrator - Angela Kenny - who has. in her first year with us, Made such a difference to the smooth running of the church - not least in terms of the hiie bookings for our two church halls. Angela also became our PCC Secretary. Sadly. however. we bld a fond farewell in July to another one of those key people. After 12 faithfijl and commilted years. our organist David Wood retired. With presentation5 from the PCC and community, we wished him and his wife Kathy every blessing as they moved to the east coast Meanwhile, at the end of the year, we appointed a new quinquennial inspector- architectjeremy Lander. We look forward to working with Jeremy - not least on the Re-lmagining 2025 project which is beginning to draw up plans for the reordering of our resources so as to improve our facilitie5. making them more flexible and user-friendly for the 21 st century. Further detsil about some of these projects may be found in the following report which I, along with our wonderful chufchwarden Anthony, commend to you. Even so. such a report can still only sketch out a broad outline of our church's artivities. Even less can it give you a sense of what it means to belong to the Great St Mary's community. It's been a joy to be the Vicar of Sawbridgeworth this past year and to be able to minister, alongside our Associate Minister Revd Debbie Hore and Lay Minister tiana Kitson, to a church family with such great depths of care and concem. Long may it continue to live out its strapline. Passion for Christ Compassion for all,. Yours in Chri5L Fr Simon
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF SAWBRIDGEWORTH Registered Charity l 132562 Aim and purpose The Parochial Church Council of the Ecclesiastical Parish of Sawbridgeworth 1.the PCC") is registered as Separate charity, number 1132562. The members of the PCC have had regard to the Charity Commission's guidance orb public benefit. The primary object of the PCC is to promote the Gospel of our Lord Jesus Christ according to the doctrines and practices of the Church of England. The PCC has the responsibility of co-operating with the Incumbent in promoting In the ecclesiastical parish the whole mission of the church pastoral. evangelistic. social and ecumenical. It fulfi15 this responsibility through periodic meetings and a range of other activities. Our ¢hureh community As at the end of 2022, there were 112 people entered on the church Electoral Roll. 20 of whom were not resident within the parish. We were pleased to welcome new regular worshippers and visitors. We hold in our prayers those who no longer worship wth us Tegularly or who moved away during 2022. During 2022 we baptised 14 children and married two couple& We wish them joy and love on life'5 journey. We conducted 16 funerals111 in the church) and fwe interments. Our dear friend5 are remembered with love and we continue to keep their famtlies in our prayers. A blg thankyou to our Ministy team for theirpastornl work to our P05torol luNtee and others support people In tlmes of need. Mission and giving It is PCC policy to give 10% of regular committed stewardship (plus tax retoverable} to other charitsble causes, of which 60% is allocated to overseas causes and 40% to U.K. causes. Details of the amounts given in 2022 from 2021 stewardship income are detailed in note 10 to the financial statements. Charities supported in this way were Shiksha Rath, Five Talents, the Holy Trinity Night Shelter Bishop's Stortford and Streets2Homes. In addition. whenever pK)55ible throughout the year, the PCC made collections and undertook fundraising for specific causes. Details of payments made are a150 detsiled in note 10. Shtksho Roth runs o Christion Outreoch woiect rn New Delhi to he@ children from dewived areas t7ccess educ0tn os a route gut ofpovety. Outreach A regular Friday email offers thought5, prayer5. inforTnation on ourweek's serwces, and notices. The Great St Mary s Facebook group include5 both members of our worshipping community and others who live in Sawbridgeworth and beyond. Also, we have a regular full-page article in the Sawbridgeworth Flyer. Volunteers continued to do a splendid job organising collections of food to support the Harlow Foodbanl whose existing and new customers needed their service5 more than ever. These collections were enhanced at harvest time with donations from Spellbrook Primary School our church school who brought their offerings to their own harvest service.
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIAsficAL PARISH OF SAWBRIDGEWORTH Reglstered Charity 1132562 Spellbrook CofE Primary School pu{5 ond stoff from Spellbrtx)k School ottending their Christm05 service ot Great St Ma5 12 Spellbrook School 15 our voluntary controlled Church of England primary school. It is legally owned by the trustees of its Church of England foundation but is controlled by Hertfordshire Local Education Authority which has full financial responsibility for its rnaintenae. The school's mission is to provide the best education for each child within the context of a caring Christian community. Great St Mary's Church is repfesented on its governing body and f05ters link5 between the Sch1, the church and the local community. The Incumbent is, ex officio, a foundation govefnor and the Diocese, in liaison with the PCC. appoints a second foundation governor. However, of just as great an importance is the week-by-week connection between the church and the school, with the ministry team leading a weekly collective worship in school, frequently leading classes on religious or ethical topics. attending school events such as remembrance ceremonies, concens and nativity plays. and writing a pause for thought for the weekly school newsletter. First Aid In March. our First Aid Officer, Debbie Cubitt arranged for members of Great St Mary s congregation, together with others from the local community, to have First Aid training. Both Church House and the Parish Hall now have defibrillators, which also provide cover for activities in the church- with thanks to generous donors. Fundraising Section 162a of the Charities Act 201 I requires charities to make a statement regarding fundraising activities. We confirm that all solicitations are managed internally, without involvement of commercial participators, professional fundraisers or third parties. The day-to-day management of all income generation is delegated to the Vicar, Churchwardens and appointed officials lsee pages 11 and 121. Although the Charity is not required to be bound by any regulatory scheme. the Charity complies with the relevant codes of practice. We have received no cop1a1nt5 in relation to fundraising activitie512021.- none). Additional fman¢iol support Was re1ved, with thanks. fronl Sawbiidgeworth Eccles(ost(col Chority. the Church Commissionets. the Forebury Estote. the Diocese of St Albans and other& Plans for future periods We shall contiryje to Lwild our WVTship, faith, pa5tordl, (MJtreath ar social active& ekIng to promde for all generations and need> Worknng wth our newly-apKK)inted (hurch archit& Re-imagining 2025 Project Group wll devebp proposa55 for our church building to make rt fft for purE)Se for the 21st century and accessible for all. The Friends of Great St Mary s have commissKJned a report on restoration wotk needed on church monuments, and we shall undenake impL)rtant repair and furbi5hrnent ¥K)tk to our othL¥ 1ling& In all our actIves, we will seek to reduce our cartK)n emK£sions and consKJer other environmental impac
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF SAWBRIDGEWORTH Reglstered Charlty 1132562 Financial Review In 2022. donations, grants, fundraising and hall hire income improved from the previous year, but the PCC'S finances were impacted by significant expenditure on the estate. increases in energy costs and the filling of staff vacancy. Despite ongoing efforts to cut costs and delays to other planned project work on the estate, there was o loss of £68.426 on day-to-doy income ond exPendIre and a net ourflow of £7.726 fvom the restricted fund, largely due to relevant expenditure on the estate. The position would have been worse had it not been for the commitment of our church community and generosity of other donors and gfant-making bodies. Also, at the end of the year, our investments with CCL4 had fallen in value by £160,153. of which £40,000 was due to a redemption in early December to meet the deficit and outstanding expected works. Investment income held up well at £26.151. (Treroll. therefore. there was a net decrease (n our total fvnds of £170. 154. The investment policy is considered at regular inteNals by the Stewardship & Finance Committee and the PCC. Both investment funds a actively managed. allowing CCLA to anticipate or respond to market developments. The PCC did not consider necessary any change in investment Fx)licy or investments during 2022. Going Concern Looking fornvard to 2023. the relationship beeen income and expenditure continues to be a major concern, with o predirted deficit of over £IOO.000 excluding any capital gain or loss. Mo0ver, when investment5 are redeemed to help fund expenditure. not only is capitsl reduced but also income from those investments. The PCC believes It is financially viable for the next 12 months. even with the ongoing prsUre of significant expenditure needed on the estate. The general unrestricted reserves balance MaInS above the appropriate level of resee5 and is sufficient fof activities to be maintained for 12 months. Reserve5 policy The accounting rules underwhich the financial statements are prepared require funds to be analysed between those thaL on the one hand, are restricted to specific purposes and those that on the other hand. are UnStrIcted. Restricted funds cornprise special collections and other fundraising activity for specific causes, together with fundraising and grants for certain fabric and insurance costs. and for the repair and maintenance of certain graves. Unrestricted funds comprise all other funds, which may be designated for various purF)oses. The PCC has designated three unrestricted funds= a property capital fund, which at all times equals the balance Sheet value of the properties a legacy capital fijnd. being the accumulation of legacies received a general fund containing the balance The PCC consideis that the amount of reserves rceSSary to ensure the work of the church continues at present levels is around £200.c - this amounts to approximately 12 months of recurring expenditure, excluding mission giving and payments to specific causes. As the unrestricted general fund stood at £342.033 at 31 December 2022 Isee page 15.. £504.461 at the end of 20211. there was an excess of just over £140,IX)O, which is held to finance working capital and capital projects. Restricted funds at 31 December 2022 had fallen to £5712021.. £7,783). Risk Management The PCC recognises that in areas relating to health and safety. the safeguarding of children and vulnerable adults, and thè security of physlcal and financial assets, IT systems and data protection. there is always a potential threal. We reviewed all our risk management and related policies during 2022.
THE PAROCHIALCHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF SAWBRIDGEWORTH Registered Charity 1132562 Strueture. governance and management The method of appointment of PCC members is set out in the Church Representation Rules. All church attendees are encouraged to register on the Elertoral Roll and stsnd for election to the PCC. The PCC met seven times in 2022. all meetings were conducted in person, and average attendance was 70%. In addition to routine business Iwhich included regular Health & Safety. Safeguarding and Financial reports), major items of business included- Work of the Re-imagining 2025 Projert Group Agreeing recipient5 of mission giving from 2021 stewardship Receiving the Annual Report and Financral Statements for 2021 Adopting resolution5 confirming the PCC'S commttment to achievi net-zero carbon emission5 bv 2030, and to identifying and addressing wider environmental impacts across all its actNities and through its committees, on an ongoing basis Formalising the closure of the churchyard for burials by applying for representations to be made by Ihe Ministry of Justice foran Order in Council to discontinue burials in Church of England churchyards (Section l Burial Act 18531 and handing over maintenance to the Town or County Council Installation and commissioning of new car park controls A code of conduct for volunteers regarding safeguarding and other mattefs Sofeguard(ng The PCC complied with its duty under section 5 of the Sofeguording and Clergy Disc4Dline Measure 2076 to have due regard to the House of Bishops, Guidance on safeguarding children and vulnerable adults. In July 2022, we reviewed our Safeguarding Policy and safeguarding information on the church website. Data protection The PCC cofflplied with the requirements of the Generol Doto Protection Regulotion. In July 2022, we reviewed our Data Protection and Records Management Policy. and the Data Privacy Notice on the church website. The PCC'S responsibilities The PCC is responsible for preparing the Annual Report and Financial Ststements in atcordance with applicable law and United Kingdom Generally Accepted Accounting Practice. The PCC is required to prepare financial statements for each financial year that give a true and fair view of the stste of affairs of the PCC and of the financial artivilies of the PCC for that period. In preparing those financial staternents, the PCC members are required to.. Select suitsble accounting policies and apply them consistently Observe the methods ond principles in the Charities SORP 2019 IFRS 1021 Make judgements and estimates that are reasonable and prudent State whether applicable accounting standards and ststernents of recommended prattice have been followed. subject to any departures disclosed and explained in the financial statements Prepare the financial statements on the going-concem basis unless it is iriappropriate to presume Ihat the PCC will continue in operation The PCC is responsible for keeping proper books ènd accounting records that disclose with reasonable accuracy at any time the financial position of the PCC, and that enable it to ensure the financial statements comply with the Charities Act 2011. It is a150 responsible for safeguarding the assets of the PCC and, hence, for taking reasonable steps for the prevention and detection of fraud and other irregularities. The PCC members confirm that so far as they are aware. there is no relevant information of which the PCC'S independent examiners are unaware. They have taken all the steps that they ought to have taken as PCC
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF SAWBRIDGEWORTH Registered Charity 1132562 members to make themselves aware of any relevant information and to estsblish that the PCC'S independer)t examiners are aware of that infomiation. PCC Commlttees The Standing Committee comprises the Vicar. Churchwardenlsl, Associate Pries¢ main Committee Chairs and the Treasurer. It has the power to act on behalf of the PCC for issues that need urgent attention between PCC meetings. It did not meet in 2022 Much of the PCC'S business is achieved by delegating certain responsibilities to the following committee5, whose terms of reference were reviewed by the PCC In June 2022.. Fobric & Churchyard Commi¢le¢ Choir. Peter Clork This Committee. in collaboration wth the Vicar and Churchwardens. has oversight of the maintenance, fepair nd improvement of the church building, St Ma5 Lodge, the Parish Hall. Church House, and the other church-owned land and buildings. It oversees the activities of the monthly Churchyard Working Paty, which maintains the churchyard and associated grounds. Delays caused by the pandemic continued in 2022 to frustrate, as contrartor5 had backlogs of work and specialist heritage experts and materials We in short supply. However, progress was made in all areas of maintenance of the church buildings and churchyard. The church building had minor works done, including a minor refurbishment of the organ. A number of incidents of vandalism occurred and damage repaid. Dr David Carrington, one of the UK'S leading experts, inspected all the church monuments and provided the Friends of Great St Mary's with a prioritised list of work. The Friends proposed, ènd the PCC accepted, funding investigation of three monuments. Skillworks has been contracted to do the work in 2023. A major project during the year was the installation and commissioning of car parking controls using automatic bollards for entry and exit. Church House had a dishwasher and a sound system installed. Following discovery of rotten timbers in its roof in 2021, further work was done in 2022 to Scope exactly what is needed to be done to thi5 Grade 11 Listed Building. Woth Is expected to cornmence in 2023. . IIIF The magnificent mature beech tree beeen the Churchyard and the Old Vicarage was rescued from being felled. After considerable research and ultrasound Scans. the tree was judiciously re-shaped. which should allow many more years of life. Sadly, a large weeping wllow seems to have succurnbed to the very hot summer drought. and a small cedar was badly damaged by a gale and had to be felled and replaced. Four fine hardwood memorial benches, donated by families. were installed around the churchyard and are enjoyed by many passers-by. The churchyard, although closed for burials, had not been through the formality of applying to the Ministry of jUstce for closure. After taking advice from the Diocese, the application process was agreed, the decision to close was confirmed by the PCC and the paperwork submission is under way_ It is expected that handover
THE PAROCHIALCHURCH COUNCIL OFTHE ECCLESIASTICAL PARISH OF SAWBRIDGEWORTH Registered Charfty 1132562 of responsibility for maintenance of the churchyard to the Town Council will tske place in 2024. Interments and burials in family plots will still be pennttted, and the PCC and the Faculty processes will piotect the quiet enjoyment of the churchyard and respect for those tyjried there. With speciol thanks to the dedicoted team of volunteen in the Churrhyard WO{n9 Party and our IRard.working hall c(wetoker. Outreoch Committee Chair.. Vol Bright This Comrnittee promotes the engagement of the church with the community at local, diocesan and national levels. It develops and has oversight of a policy of nurtu for all ages of the church family. It has general oversight of the Ministry of welcome within Great St Marfs. The Committee met six times in 2022 and co-ordinated a large program of outreach and social events, including a pancake parish breakfasL Beetle Drive, Platr"num Jubilee Thanksgwing paty, patronal festival lunch party, the flower, bridal. and sculpture festival, and the Festival of Light Stewordship at Finance Committct Chair Poul Bord until 22 Moy2022.' Julie Potterson from 26 September 2022 This Committee has oversight of the Pcc's finances and stewardship activities. To fulfil this spOnSibl11ty, it monitors both incoming and outgoing resources. as well as monitoring the deployment of the net assets, including investment policy and performance. It promdes advice and support to the Treasurer, who reports regulady to the PCC on the financial posib"on, financial controls and all matters impacting the PCC'S finances. The Committee met three times via Zoom in 2022. At each meeting, the Committee received a report from the Treasurer on the PCC'S financial posits"on. It also reviewed the draft Annual Report & Financial Statement5 2021, monitored actual income and expenditure against the 2022 forecast approved by the PCC in Decen)ber 2021, and considered Y4hether and when a significant drawdown from investments was needed. At the end of the year, it considered the provisional outcome for 2022 and a draft f0C0st for 2023, which were presented to the PCC in December 2022. The Committee reviewed and made recommendations to the PCC on propety valuations, the hall hire agreemenL discretionary fees and other rates to be applied in 2023. ènd on vIsIOnS to bank signatories. It also reviewed relevant PCC policie5. and noted that the Twsurer had compiled a financial procedures manual. With cons(deroble thanks to the outgoing Chair. the Trntsuyer and the Stewardshi Recorder. Re-imagining 2025 Proiert Group l-R125PG-) Co-chairs.. Soroh Vickers & Nick Heslop R125PG mel eight times in 2022. Initially. it drew up a "should/wouldlcould" list of things Great St. Mary's requires to meet the needs of parishioners and local community, inc5uding accessibility, toilets, catering facilities. improved vestry and storage, and space specifically for children. The list was reviewed throughout the year and a draft vision report was prepared for the PCC. The group also adopted the PCC'S commitment to aim to meet the Church of England's net zero carbon policy by 2030. Mernbers of St Albans, Diocesan Advisory Committee IDAQ and a Bristol church architert visited the church on separate occasions, and answered questions from group members about re-orderin9 and re-imaginin9 church buildings. The DAC members were very positive about the work Peter Clat1( has been leading to maintain the building, and about changes possible within the current church footprint Sarah and some other 10
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF SAWBRIDGEWORTH RÈ9iStered Charity l 132562 group members visited numerous churches that have added facilities and made other improvements. All these visits provided very Ljseful input to the Group's discussions. To ascertsin parishioner and local community views on how the church building and chufchyard might be used and developed, we carried out an online and paper survey. with the help of the Town Council. We had over 240 resF)onses and it was pleasing to note the majority of respondents believe that the church is an important part of our community, even though, 40% of respondents had not been inside the church building in the past year. 85% of respondents said the church building could be used for community events and over 50% of respondents wanted the church to be used for artlcraft activities. historical talks or exhibitions and plays or performances. In September 2022, two members left and two members joined the group, and Phase 2 of the project began. Thi5 phase is looking more closely at the other Pcc-owned buildings and their viability, as well as carrying foTh¥ard discussions with about the church building with the newly-appointed church architect. Administrative information Addres& The PCC oversees the activities of Great St Marf5 church, which is situated in Church Street, Sawbridgeworth. It is part of the Diocese of St Albans within the Church of Eryland. The iorresporKlence address is The Parish Office. Church House. I Vanlorts Road, Sawbridgeworth, Hertfordshire CM21 9AH. Webslte.. wNvw. Dota pr(vaw. Contact the Parish Office. You can also contact the Information Commissioner's Office on 0303 123 1113orviahtt Ic lobal contact-u email Incumbent The Reverend Simon Viviarb, The Vicarage, Sheering Mill Lane, Sawbridgeworth, Hertfordshire CM219ND. Minlstry team.- The Reverend Debbie Hore, Associate Minister and Mrs Diana Kit50n, Reader. Office stotr Angela Kenny, Parish Administrator PCC Secretary from 14 June 2022. The members of the PCC who served from 1 January 2022 until the date this report wa5 approved are.. Father Simon Vivian IncumInt (Choir) Anthony Heard Churchwarden Angela Alder Until 22 Moy 2022.. PCC Secretary until 22 May 2022 Paul Bard Until 22 Moy 2022,. Chair of Stewordship & Finonce Committee unftl 22 May 2022 Valerie Bright Chair of Outreoch Committee Becky Burton Peter Clark Deborah Cubitt Mark Hemsley Revd Debbie Hore Diana Kitson Kofi Otu Julie Patterson Heolth & Sofety Officer." Chair of Fabric & Churchyord Committee First Aid Officer Associate Minister Reader, Deonery5ynod Representative Appointed 22 Moy 2022." Chair of St•vardship & Finonce Committee from 26 September 2022,. Treosurer Appointed 22 Moy 2022 Co-chair of Re-imt79ining 2025 Projert Group Among others that contribute ionsiderable time and resources to the work of Great St Mary's, there are officers who are not members of the PCC.. Gillysquire Sarah Vickers Fay Clark Elertoral Roll Officer ond Spellbrook COE School Foundotion Governor
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF SAWBRIDGEWORTH Reglstered Charity 1132562 Nick Heslop Huw Lewis Hazel Mead Co-choir of Re-imag 2025 Project Gmup Stewardsh¥J Recorder Safeguarding Officer Architertlsurveyor.. Jeremy Lander, 77 Ncrfth Street, BuTrwell, Cambridgeshire C825 08B- appointed December 2022 Bankers." TSB 8ank plc. 88-89 High StreeL Chelmsford, Essex CM21 1 DX and Barclays Bank pl¢ 10 North Street Bishop's Stortford, Hertfordshire CM23 2LU Independent Examenfftx. Price Bailey LLP, Causeway House, l Dane Street Bishop'5 Stortford. Hertfordshire CM23 38T Signed Fr. Slmon Vlvlan Vicar of Great St Mary s. Sawbridgèworth L)oted 12
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIA¥ficAL PARISH OF SAWBRIDGEWORTH Reglstered Charlty 1132562 Independent Examiner's Report to the members of The Parochial Church Council of the Ecclesiastical Parish of Sawbridgeworth I refft)rt to the members of the PCC on my examination of the accounts of the PCC for the year ended 31 December 2022 which are set out on pages 14 to 23. Responsibilities and basis of report As the members of the PCC you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 I'the A1. I report in respert of my examination of the PCC'S accounts carried out under section 145 of the Art and in carrying out my examination I have followed all the applicable Direcb"ons given by the Charity Commission under section 145(Sllbl of the ACL Independent examiner's statement I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination gwing me cause to believe that in any material re5pert accounting records were not kept in respect of the charity a5 required by section 130 of the Act or the accounts do not accord with those records.. or the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities IAccounts and Reports) Regulations 2LK)8 other than any reqLJirement that the accounts give a 'true and fair view which is not a matter considered as part of an independent exarTiillation. I have no concerns and have come acros5 no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the actounts to be reached. Ml¢hael Cooper-Davis FCCA ACA For and on behalf of Price Bailey LLP Causeway House 1 Dane Street Bishop's Stortford Hertfordshire CM23 3BT Date: 4 April 2023 13
THE PAROCHIAL CHURCH COUNCIL OF THE EcaESIASTICAL PARISH OF SAWBRIDGEWORTH Registered Charity 1132S62 STATEMENT OF FINANCIAL AcfiviTIES for the year ended 31 December 2022 2022 Total 2021 Total Fundi Funds INCOME Voluntary COme Planned giwng 0therdonab.ons Coleclions for Chare$ Tax receivedldaimed ants Leg$ 26.731 14.555 26,n1 19.375 5,107 10,368 20.483 25.984 8,748 2,407 8,932 8,768 4,820 5,107 1.582 20,483 8.7e6 50,072 31,992 82,C64 54,839 Chutrh acbvrts Fees- ¥dirE$ 8 fvwras Property lethngs Fundraising & srxJnsc(ship Other 9,138 20,250 347 TO 29,805 36,070 36,070 5.215 5.215 42,964 5,215 48,179 Invesimenl iome 26,151 26.151 27,1 Total incivne 119,187 37,207 156,394 111,834 EXPENDITURE ChuFch arlivrties lon & charitae gNng Ministry Regular churL serwices Fees paKI- wfdolngs & luneraL Properts'es Fundraising g)sts Administrat)n Other 10 6.569 10.117 75.912 9.107 4.647 78.739 1,726 22.724 1.461 204,4 6,861 77,109 8,033 6,293 42,331 75,912 9,107 4,647 41101 12 13 14 36,638 15 16 22.724 1.461 159.5LK) 4,897 518 146,042 44.933 GovemanG8 Independent examinth"LM fee 1.962 1,962 1,710 Tolal expendlture 161,462 44,933 206 395 147 752 Net incominlouI9Oingj resourrts belfme other recogni5ed gains and1055es Divestment prowds Nel gainllknssl on revaluatrcx) ol vents Net movement in funds Funds brought forward Funds Carried fon¥ard 1422751 17,7261 150,0011 135,9181 40,0] 160.153 1170,1541 1,544.861 1,374.707 50,0 46,472 60.554 1.4&1,307 1,544,861 18 1162,4281 1,537,078 1,374,650 17,7261 7.783 57 The note5 on pages 16 10 23 fom pat of these finanual slatemenls 14
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF SAWBRIDGEWORTH t9iStefed Charity 1132562 BALANCE SHEET at 31 Llecember 2022 2022 2021 Fixed assets Tangib Investh*nts 17 18 49),0 841,614 1.331.614 490,OfrJ 1,Th)1,767 1,491,767 Current assets Debtors Sh)rt tem dep)sits Cash at ba in h 19 11,331 13,143 23,768 48.242 10,773 6.992 45,752 63,517 Liabilities Creditors payab wthin one year 21 15,1491 110,4231 Net current assets 43.093 53,Q34 TOTAL NET ASSErs 1,374,707 1.544,861 Fund$ 22 Unrestricted Property capitsl Legacy capila General 41,Oct) 542,617 342,033 1,374.65) 490.c) 542,617 914,461 1,537.078 Restricted 57 7,783 1374 707 1,544,861 Approved by the Parochial Church Council on 28 March 2023 and signed on its behaff by.. Fr. Simon Vivian - Vicar Anthony Heard- Churchwarden The note5 on pages 1610 23 1M part ol knent5 15
THE PAROCHIALCHURCH COUNCIL OF THE ÉCCLESIASTICAL PARISH OF SAWBRIDGEWORTH Registered Charfty 1132562 NOTES TO THE FINANCIAL STATEMENTS for the year ended 31 December 2022 1. Accounting pol189 Basis of weparnllon The financial statements have been pteped in oralKe AcoJunt'rvJ Repoitng by Charities: State[1 of Recommended Pr1 appIatrIe lo charS prepariThJ their &tounts in aordanCe wlh the Finartial ReportitVJ Standard apPIable in the UK aThJ Republ of Ireland IFRS 1021 (effective 1 January 20191- (CharlS SORP IFRS 10211, the Financral Reporting standa appIable in the UK and Republ of Irel IFRS1021, the Charities Act 2011 and Church A¢countirrfJ Regun$ 20Cfj. The PCC constilules a Publ berefft enbty as defiwl by FRS102. The financial slatenEnts have been prepared lo gwe a'lrue and fairf view and have departed from Ihe Charibes (Attounts and Rep)rts} Rwjulations 2008 onty to the extent required ttsprovidea trje and fairwew. This depatbjre has involv&d fdkxbingthe Accounb'ry and Rewrting by CharitEs.' ststement of Recomrnended ptICe 4)plICab to chaithes prepanTrJ their a¢¢ounts in accordarrk wtth the Financial Reporting Standard appIable in UK and Republic ol Ireland issued in (ktoter 2019. The financkil slatefflents have teen prepa under the historal uist COnV8ntion, except that prrpertEs Incl al vdu'on and investhnts are induded al mathel value. The finanual stalerr£nts itKlule all transactions, assets a liabililes for which the Parochial Church CoutKil I'PCCI is resnSIb in kw. They do not include the financial StaIeffnts of church gTOUPS that their matn affilthn ID another LY nor those thal are info galhenngs ol church meners. Golng ¢onc•m The finala1 Ststents have teen prepar•J C a going c[eM basi% as the PCC nErthrs beIve that no material uncertainties exist. The PCC nEnknt5 have considered the level of fiJThJs hekl and the expectsd of income and expenditure for12 nthS from authorising t financial staterrwts. The bget IT and exFendtbJre deficrt is cove1 with the sUprt of wlhdrawing fvnds frorn ttE investrMts, as held bmthin unreStrle general lunds, and therefo enables th8 PCC to ntinue as a g)ing cortem. A delailed COnntrry on ts imp&tis detailwj in the Annual Reporton p4e 7. Funds Unrestrict8d d8signated fidS Designaied fuThJs are unrestncted luThYs sel aside al ts disCretn of the PCC for specfft purposes. The propety capital fund is represented ty the value of he The leg&y capita fiJA is &Jgregate of legS received is represented by assets lld for future rna¥ capital projects UnrestrKted gener fids Unrestrted funds are those fvrKls can be ed lord ordinary purposes of the PCC. Restricted fvnds Restricted fvnds arise vthere collections are mJJe or fundraising uertaken for causes. or where im)m8 is subiecl to Sprf conditn$ imp)sed by donors or granl-making orgallisans. Incoming resources Stswardship, s8rvK8 co#edK¥7S donthi Amounts are Tecogntsed when receNed,' at ¥thh incgTh tsx recoverab is )unted Olher untary1ncQme Grants and le9$ are recognised once the PCC ha5 entitsnEnl to the incon*, rt is probaNe tt)al the inci)me wll be feceived a1 the amunt of inconE receivab can Èe SUd reliably. chu fees Wedding and funeral fees a recc4Jni8ed vthen the event ¢xxurs. 16
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF SAWBRIDGEWORTH Registered Charity 1132562 NOTES TO THE FINANCIAL STATEMENTS for the year ended 31 DKember 2022 (continued PropetyIettgS Rental IonE from the of premEes is rw)>Jni5gJ due. 1nv8stsnentinc0n, ftmdrasiThJ Incor is reCOgnE Vfien relEd. Gilts in kind Assets donated to PCC are Incl finala1 reL¥Jrds at valuatK)n at ts date ofgi Resources expended AnUnts are recniSed payable aKI I1le irrKmrth VAT. All LJ)sts have been dit&Uy altocated ts the relevant actiwty aNi fund Tangible fixedassets Consecrated1 atkltAklings move church lumi'shifws Consecrated and benefice property is exclud frrmn ts ncial statements under th& Charities Act 2011. No value is pld on nveable Church lumishings thgt wuirè a l&urty for tsir disrM)sal as they ale consMler8d by the PCC as inaenab prOty C¥herre eslafe Given unusual natu and features ofthe free) proFertEs, the properb'es are hekl al residual value based on valuations by WrvJhl & Co, a estate agenL in November 3)10 I16 171. Thus, no depreciatKin has been charged. Fixlur6s and filtings Items costing up to £10.CKJO a written off in FeiKxl in Wthh fv assets are uired. Investments Investments are stated al market value at the balance sheel date. Unrealtsed gains arKI losses arising from rrovements in market values during the year are credrted or chty to the SLnI of FInaLa1 ActNib"es based on the market value al the year etKi. Stock StrKk is valued at the lfftr ol cost net re*isabk vlue. Debtors Traje and other debtors are rewnsed al Ihe SeluennI value before traje discounts d. Cash atbank Cash al bank and in hand include5 cash short-tem) hKJhty IK4u#J investments vAth a short maturity of the nnthS or kss from the date of wulsitn or openiro of the deposit or sirruLar coUnts. Creditors Creditors and provisions are recognised vthere the Charity has a present obralK)n resulb'ng from a pag1 event that will probabty resutt in Ihe transfer of lunds lo a third party and the anUnt due lo setlle obligab'on can be measured or estimated reliabty, Creditors and provisrons are nomaly recojnised atthe setUenEntamountafter allomng forany trade discounts. 17
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF SAWBRIDGEWORTH Registered Charity 1132562 NOTES TO THE FINANCIAL STATEMENTS for the year ended 31 December 2022 {continued) Financial inslrnments The Charity onty has finCial assets and liabirroes of a kind Ihal qualfy as basic fina87 inslruff£nts. Basic finalar inslNnEnts are initially recognised at trans&bon value aThJ subSeqnty nasured attsirfair value as al the balarKe sheet dale. All fin(jaI instruffwts of the chanty are measurgj at C05t Financial assets inckAle the bank bares. trale detlor5 (Mher debtors, but ex¢ltyJe prepayrrEnts and taxation. Financaal liabilities indude trath creditors, other¢litOrs, nJaL$ and derred inccTh, lyjtexdude social security and other taxes due. Key Source of Judgement andEstimalg Uncertainty No significant judgements, unts.ng F(th or assunwlis have Fen npae by the PCC in apyIng the Chanty'5 accountiry [x)IleS. Tran$tIOnS involvlng mwnbw5 ofthe PCC andconnectediwsons Memtkrs of the PCC are Obled to dle any inlèrest in any prorM)sed twsxtN)n that invofves them or conn&ted petsons. and lo thdraW from any dIus$0r6 atNJ rKJl participate In any K)te tsken. Any transactK)ns undertaken by or on &ehaf of IIE PCC and invokng n*mters of the PCC lor }n[Wl FerS are detsiled in r)leS 11 and 23. 2. Donations, other than planned giving 2022 2021 Donations under Gift AMI lunrestriclgj) Other donati$ lunreslrrledl CO1ctionS in chuich (Un$tr1ed) Donatsons bwards SkEcified exFend"rture lunrestrthdl Donations towarils restricted exFendrture 3.221 2,609 1,813 6.912 4.820 19,375 5,350 1,602 500 250 8,748 The re no large donalons under Glft AKI (Unrestrted)l202l'. M) donations of £1.250 each including lax recoverdblel. There were kirge donalKJns towards restrrted exrerKliture, tol811ing £4,375 inctuding lax rVerabLe(202l. nil). Unrestted donatnS total £14,55512021'. £8,499) and reslrtted £4,82012021.' £2501. 3. Collections for other Specific causes (restricted) The ffigure of £5,10712)21'. t2,4071 corynsed £1.03312021'. £7201 of gmng under Gift Aid and £4.07412021". £1,68710l other giving. Isee a150 Note 101- 4. Tax recelvedlclaimed Tax reCoverae on giving under Gift in 2022 is estimated at £8,36912021. £8,114 esb'maled, £8,124 rereivedl. £1,592 was receNed ulldertt smal donati)Ths schenE lor the tsx year 202112212020r21.' £5171, oflthich £690 was recognised as clwmable in 2021, and a further£1,299 h& been recognised &$ claImae in 2022. Oflotal lax received cf clairrEd, £8,786 wa5 in Trlab'on to Unrest funds12021.' £8.5LKIi and £1,582 SIrll2021. £4321. 18
THE PAROCHIALCHURCH COUNCIL OF THE KCLESIA¥ficAL PARISH OF SAWBRIDGEWORTH Registered Charity 1132562 NOTES TO THE FINANCIAL STATEMENTS for the yèar ended 31 December 2022 (continued) 5. Grants (restricted) 2022 2021 The Sawbridgev•Drth Eccle&astd Charty.. Church insurarKe Church costs Church CommBsMJnws The Forebury Estate s8ri3eWorth Town Council Diocese of Sl Abans-energy grant Lfms Listed Pkces ofworship &henE (VAT dw'm) The ComtTh)nwealth War Gra Commissb 4,569 7,371 2,191 3,0 3,4 4,305 440 1,280 2,044 28 20,483 539 28 6. Legacies No legaoe5 re wivgj in 2022 (2021: rhll. 7. Fees . weddings and funerals lunrestrictsd) In cOrdanCe with normal church xcounb'ng pract, fees lEvable exclude amounts to ts ckrgy. The fees Sho cunprise arnunts eamed by the PCC atKI Unts payabk to the Dic¢es6 and to assistsnts foi their parl'cipalijn at weddiThJs and fijnerals Isee also note 131. 8. Proporty1otting$ (unrestricted) 2022 2021 Church House Paitsh Hall Car park 15,109 10,671 10,290 36,070 6,916 2.566 10,768 20,250 9. Inveslment Income (unrestricted) 2022 2021 Interest i)n CCLA [*slI Fund Diwdellds on CCLA Fixed Inte$t FUINJ investnEnl Dividends on CCLA Investment Fund investment 106 4,427 21,618 5,OCIJ 22,182 27,190 10. Mission & charitable giving 2022 2021 hlission grants to organisations- unrestslcted India Touch Trust Ishiksha Ralhl- ov&e&S miss#)n gmng Five Talents- oVee8$ missK)n FrEnds ol the Holy Land - overseas missi(w wg Bishop's Slorttonl Night Shelter- UK giwiig Srreets2Home- UK mission giving Afghanistan & Central Asian AssociatKin UK- UKmi&%th Worfd Vision Street Pastors 974 974 1,078 1,078 1,iJOO 650 650 438 300 150 4,044 3,548 19
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIAsncAL PARISH OF SAWBRIDGEWORTH RegSstered Charlty 1132562 NOTES TO THE FINANCIAL STATEMEKfs for the year ended 31 December 2022 {continuedl 10. Mission & charitable giving (continued) 2022 2021 Distri1tIOn of collections l(Y specifi¢ causes- restricted Women's Wortl Day of Prayer sawbndgeyrth Scouts and Girf Gutdes {St GeThyè's Day SeNte) Train-a-Priesl Fund (Lent lunches) Bishop's Ordinands Fund Iconfirmabon Ser¥Kel Christian (collection tins atKI fundrasing) The SaWbridgeorth Mayorfs charities.. HRH Duke of EdinlyJrgh CNi¢ menri1 see Juknlee ThanksgNing Civic Serv HRH Queen ElrLabeth11 CNIC Memorb91 se1ce Annual TOMI CIV SeThre The Bishop of St Alban's HaNest ApFeal The Royal Bnlish Legion- Poppy Appeal {RebTrnCe t)ay se) The Chikjren's SOcty (Advent LunclEs, ChrEtryle Crib SeNY21 Crisis UK IChrislnk8s colkctK)ns} DEC Ukraine Appeal DEC Pakistan ApFeal Cancel Research funeraLq in 20211 320 121 311 158 1,022 315 209 439 121 374 407 692 743 1,083 569 259 549 582 136 2,817 6,569 11. Ministry {unrestriGted) 2022 2021 tlcYes8n pansh share Cl8rgy expèns8S Outre&h 72,164 3,124 624 75.912 72,975 3,718 416 77,109 The Vicar TrJn-stiFendkgry priest are reyn[581 ffi)rexFeeS iiDJrred on PCC busi. 12. Regular church services (unrestricted 2022 2021 Ckganists Other costs 6,318 2,789 9,107 6,108 1,925 8,033 13. Fees paid- weddings and funerals (unrestricted) 2022 2021 Th'ocesan fees Fees paKI to semce assistsnts 3.430 1,217 4,647 4.024 2,269 6,293 The PCC retains the dIfferee Eetsn total offees Te1ved and the total of fees paKI. 20
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF SAWBRIDGEWORTH egistered Charity 1132562 NOTES TO THE FINANCIAL STATEMENTS for the year ended 31 December 2022 Icontinu8d) 14. Properties- maintenance. pair and utilities 2022 2021 Church Churchyard Church Fk)use Parish Hal TheLc Car park 15,C4J5 12,806 12,133 2,756 294 11,165 17,496 7,084 78,739 6,818 6,358 3,498 1,010 8,914 552 11,280 3,901 42,331 InSurae$ £36,638 Wds in relath)n to restricte(I fun(Is12021.. £10,897) aThJ £42.101 unreslrthJ12021.' £31,434). Restrrteil costs compris&J £10,75112021'. £5,628) for the church, £3,65012021= £2781 for the ¢hur¢hyaril, £7,70412021.' £1,316) for Church House. nil {2021.' nil) for the Parth Hal, 8,68412021.. nill forthecar parft, £4,56912021'. £3,675) k)r church insUraes, and £1,280 for energy $ts12021 niD The second stage payment of £2,101 for the car park tollards couthj not alkxabj to the rest fijnd as there vEre inwfrienl monies in the fvnd. (Our Insura policies were corrt)ined in 2021. resulb'tvJ in a on&off reimbUrsenI from th& insurarKe provider loyrdrds the cost of insuring haLs.I 15. Administration {unrestri¢t4dl 2022 2021 Staff costs Bookkeeping Committee 8XFenses Telephone Equipment Prinb'ng offi sutvlies 13,953 2,121 1,035 1,129 3,063 1,314 1,144 22,724 932 2,002 410 392 4,897 The figure for staff costs in 2022 conyrises £13,282 for salarEs aThJ wages {2021.' nill, £477 for payroll administiabon12021.' nil) and £194 of tsniFYJ costs12021'. £881. Th8 fwure for salar aTrJ wage5 in 2022 includ&J penskm costs of £88512021.. nill. The avetaF number of empk)yees during in 202212021.. nill. The PCC consklet5 ts key management tsonnel to compnse the vicar, Churchwardens and appointsé oftials Isee pages 11 and 121. employees reiVed over £60,(XN) remuneration duriThJ the year12O21.' nil). No PCC member5 or other officers ere remunerated lor their rck12021 nil) 16. Other expenditure lunrestrictedl The figure for olher exFendNure in 2022 of £1,461 inckKled grfis lotslling £48012021.. £591 and fftt bank charges of £10212021. £881. 21
THE PAROCHIALCHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF SAWBRIDGEWORTH Registered Charity 1132562 NOTES TO THE FINANCIAL STATEMENTS for the year ended 31 Dec•mber 2022 (continued) 17. Tangible red assets {unreslrictsd) FrethAd I & tlkjIr¥$ FIre$ & fittir¥Js Total valUan I Cost- begnning end ofye Depreciab'on- beginning and end olyear Net book value- begtnnin9 and end ofyear 4.(0) 7,899 7,899 497.899 7,899 490,000 490 CO) The anUnt of freeho la and Ik41ngS ciynprises valuatsons of Sl Mary's Lcxjge £335,LM)O, the Parish Hall £45,000 and Church House £110,(XXI, provided by estate agentWrrfJhl & Co in NoveThthr2010 and rellecbng current Ltsage. Fixtures ffttings compiise the sound systwn 18. Investments (unrestricted) 2022 2021 Market value at Winning of year Addityonsllwithdrawalsl al cost Gainlllossl on revaluaknn Market value at etKI of year The portfolio con&sts of investments .. CCLA CBF ChuTch of England Fixed Interest Seojriti'es FuTrJ CCL4 CBF Church of England InveS1ml Fund 1,001,767 140,OCyJl 120,153 841,614 955,295 150,txlOI 96,472 1,001,767 154,059 687 555 841,614 177,937 823 830 1,1,767 19. Debtors (receivab Imlhin one year) 2022 2021 Tax recoverable lofththich £893 estrtlI3)21. £432)- see rth 41 Hire fees due (unreslted) Undertakers lunreslrictedl Chantsble donations Irvjl bked in 2021 but irtlud&l in Charitab gMfKJI 9,668 9,016 203 1,327 227 1.473 19) 11,331 20. Short term deposits (unrestricted) rhese cash dep)5its e hekj lIh The Central Bwd of Finance chUh of ENJ1* tVx)Stt Fund, which is anaged by CCLA. 21. Creditors (payab within e year) 2022 2021 Wedding deposrts lunrestrthdl Distn"bul'ons ol Colltn$ to causes (rest) Diocesan fees lunreslrictedl Clergy exFenses lunre51rictedl P R Newson Ltd (UnrestrledI Deposits for chufchyard benc lunrestnctedl Indewdenl examinatK)n fee lunreslrthdl 200 1,957 100 1,235 664 1,030 4,920 1,794 1,710 10.423 1.962 5,149
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF SAWBRIDGEWORTH Reg15tered Charfty 1132562 NOTES TO THE FINANCIAL STATEMEiifs for the year ended 31 December 2022 (continued 22. Funds Balar¥ efftl-2021 Inn in 2022 Expthlthre in 2022 Fut transfets BalaeS eThJ-2022 lJnrnstriL#ed Property capitsl Legacy ca1 Genw 4,0 542.617 504.461 1,537,078 490.000 542,617 342,033 1,374,650 119,187 119,187 281,615 {281,6151 Restricted mOnS for SFeufK causes sp1 grants & fundratsing 6,076 31.131 37,207 {6,5691 15 42 57 7,275 7,783 144,9331 Tota 1,544,861 326,548 1,374,707 For an expL3nalion of restsKted funds, see Je 16. See notes 3 1CI secoThl part IL)r SIrled fuThJs ccMnpr6ing tnieS frjr causes. included some credilots lo uncfeared chg4ues I rKste 211 £969 in rec1[1¥9bk th12021. £4321. The eThJ-year Wan comprws £15 for othef chth12021.' £5081. See notes 5 and 14 for restricted grants aThJ sIr1 exFernlthre. In wJditk)n. there wd5 testricted fiJTrJrai%iThJ of £5,215 I>J21'. £4011 atKI fvndraisir¥J costs of £1,n612021'. nil). Prl¢x year lun(ts Baances eThJ-2020 Incorne in 2021 ExFenditur& in 2021 Fund transfers Balances end-2021 Unrest17Cted PrOty caprta Legacy caF4tal General 4,C( 542,617 504,461 1,537.078 542,617 442,397 1,475,014 196.102 1,102 (134,038L 1134.038) RestrKled Monies br speoffic causes SFecific grants & lUndr&ng 2,839 9,365 12,204 12,8171 10,897 {13.7141 8,807 9,293 7.275 7,783 Tctsl 1,484,307 208,Yfi 147,752 1.544,861 23. Payments to PCC mernbeTr and conne¢led pernons PCC members were reinljutsed £2,47312021: £2,225) fiy pUrChS on tehaf ofthe PCC, incI1ng nil restricted costs12021. £3451, a1 paRJ £42012021. £3601 forvergerserVeS lunrestrKled in ty)th years). No other payThents lo PCC member5 and connected persons %ere mth12021.' nil).