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|Holy Trinity Church|is situated|on Regent Road, Leicester.
It is part ofthe|Diocese ofLeicester within|Diocese ofLeicester within|Diocese ofLeicester within|Diocese ofLeicester within|the Church of England.|the Church of England.|the Church of England.|
|---|---|---|---|---|---|---|---|---|---|
|The correspondence|address|is Church
Office, 2 Upper Church Street, Leicester, LE1 6XE.||||||||
|Church Officials:||||||||||
|Incumbent||Revd Elaine Sutherland
(Chairman
ofPCC)||||||||
|Associate Vicar||Revd Jitesh Patel, Revd James Norris||||||||
|Curate||Revd Luke Dobson (Resigned
in August|2022), Revd Claus-Christian|||||Szejnmann||
|||(Resigned
in July 2022).||||||||
|Wardens||Helen Dyke, Nicholas Watts||||||||
|PCC Members:||||||||||
|Elected at 2017APCM||Peter Hernandez
re-elected
in 2020||||||||
|Elected at 2018APCM||Nathan
Obokoh" re-elected
in 2021, Andrew||Oakley* re-elected||in 2021.||||
|Elected at 2019APCM||Helen Dyke, Sheila Major" (Resigned
in|April|2022), Charles Franks"||||(Resigned|in April|
|||2022), lan Morris (Resigned
in April 2022).||||||||
|Elected at 2020 APCM||Martin Manyame,
Peter Hernandez||||||||
|Elected at 2021 APCM||Nicholas Watts, Alan Schwarzenberger,|Georgia Eugenic||(Resigned|||in Sep 2022),||
|||Cameron
Benoy*||||||||
|Elected at 2022 APCM||Michael Robins (Appointed
in May 2022), Susan Lewis (Appointed|||||in|May 2022), Olapeju||
|||Ogunmonken
(Appointed
in May 2022).||||||||
|||"indicates Deanery Synod member||||||||
|PCC Officers:||||||||||
|Chairman||Elaine Sutherland||||||||
|Lay Vice-Chairman||Nicholas Watts||||||||
|Treasurer||Elizabeth
Cooke (Appointed
in January|2022|and resigned|in December 2022),||||Alex|
|||Herrick (Appointed
December 2022).||||||||
|Secretary||Sheila Major (Resigned
in April 2022) Olapeju||Ogunmonken|(from April 2022)|||||
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|STATEMENT OF FINANCIAL|ACTIVITIES|ACTIVITIES|||Unrestricted|Restricted|TOTAL|FUNDS|
|---|---|---|---|---|---|---|---|---|
||||||Funds|Funds|2022|2021|
|||||notes|E||||
|INCOME and ENDOWMENTS||from:|||||||
|Voluntary
Income||||2a|433,649|17,322|450,971|527,754|
|Activities for Generating||Funds||2b|76,655||76,655|41,462|
|Investment
Income||||2c|381||381|72|
|Income Resources from Charitable|||Activities|2d|71,159|1,805|72,964|65,922|
|Other Incoming Resources||||2e|48,402||48,402|90,840|
|Net proceeds from Sale ofAsset||||2f|108,239||108,239||
|TOTAL|||||738,485|19,127|757,612|726,050|
|EXPENDITURE on:|||||||||
|Fundraising
Costs||||30|69,701||69,701|54,663|
|Charitable
Activities|||||||||
|Mission and Ministry||||3b|365,557|12,238|377,795|374,317|
|Property,
Management|and Administration|||3c|152,728|7,704|160,432|167,982|
|Other||||3d|38,428||38,428|67,963|
|TOTAL|||||626,414|19,942|646,356|664,925|
|NET INCOME(EXPENDITURE)|||||112,071|(815)|111,256|61,125|
|Transfers between
funds|||||13,000|(13,000)|||
|NET MOVEMENT IN FUNDS|||||125,071|(13,815)|111,256|61,125|
|RECONCILIATION
OF FUNDS:|||||||||
|Total funds brought forward|||||366,363|57,191|423,554|362,429|
|Total Funds carried forward||||24|491,434|43,376|534,810|423,554|
|BALANCE SHEET AT31DECEMBER 2022|BALANCE SHEET AT31DECEMBER 2022|BALANCE SHEET AT31DECEMBER 2022|notes|2022|2021|
|---|---|---|---|---|---|
|FIXEDASSETS:||||||
|Tangible assets||||510,844|523,162|
|CURRENT ASSETS:||||||
|Debtors|||9|30,625|33,725|
|Asset held for Sale|||10||34,587|
|Short term deposits||||57,000|57,000|
|Cash at bank and in|hand|||184,848|182,466|
|||||272,473|307,778|
|LIABILITIES:||||||
|Creditors: Amounts|falling due within one year|||(72,878)|(64,232)|
|Net current assets||||199,595|243,546|
|Total assets less current||liabilities||710,439|766,708|
|Creditors: Amounts|falling due after more than one year||12|(175,629)|(343,154)|
|TOTAL NET ASSETSOR LIABILITIES||||534,810|423,554|
|THE FUNDS OF THE CHARITY:||||||
|Restricted funds|||14|43,376|57,191|
|Unrestricted
funds|||14|491,434|366,363|
|TOTAL FUNDS||||534,810|423,554|
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|ATEM|ENT OF CASH FLOWS||||TOTAL FU|NDS|
|---|---|---|---|---|---|---|
||||||2022|2021|
|Cash|flows from operating activities:||||||
|Net cash provided
by (used in) operating||activities -||As below|35,941|47,763|
|Cash|flows from investing activities:||||||
||Interest on cash deposits||||381|72|
||Proceeds from the sale of property|and equipment|||142,826||
||Purchase of property
and equipment||||(2,340)|(1,899)|
||Net cash provided
by (used in) investing||activities||140,867|(1,827)|
|Cash|flows from financing activities:||||||
||Repayments
of borrowing||||(174,426)|(13,537)|
||Net cash provided
by (used in) financing||activities||(174,426)|(13,537)|
|Change
in cash and cash equivalents
in the reporting||||period|2,382|32,399|
|Cash|and cash equivalents
at 1stJanuary||||239,466|207,067|
|Cash|and cash equivalents
at 31stDecember||||241,&48|239,466|
||||||2022|2021|
|Net income/(expenditure)
for the year ended 31stDecember|||||||
|(as per statement
offinancial activities)|||||111,256|61,125|
|Adjustments
for:|||||||
||Depreciation
charges||||14,658|15,418|
||Interest on investments||||(381)|(»)|
||Loss/(profit)
on sale offixed assets||||(108,239)||
||(Increase)/decrease
in debtors||||3,100|(9,669)|
||Increase/(decrease)
in liabilities||||15,547|(19,039)|
|Net cash provided
by (used in) operating||activities|||35,941|47,763|
|Anal|sis ofcash and cash e uivalents||||2022|2021|
||Cash at bank and in hand||||184,848|182,466|
||Cash deposits||||57,000|57,000|
|Total cash and cash equivalents|||||241,848|239,466|
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|2|INCOME and ENDOWMENTS|INCOME and ENDOWMENTS|INCOME and ENDOWMENTS|||Unrestdcted|Restricted|TOTAL FUNDS|Unrestdcted|Restricted|TOTAL FUNDS|
|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||Funds|Funds|2022|Funds|Funds|2021|
||||||||f||E|||
|2a|Voluntary
Income|||||||||||
||Planned
Giving|||||||||||
||Gift Aided Donations|||||264,733|11,460|276,193|265,231|20,814|286,045|
||Non Gift Aided Donations|||||59,825|2,041|61,866|58,483|17,644|76,127|
||Tax Recoverable|||||72,720|3,821|76,541|72,450|5,306|77,756|
||Collections (Open plate)|||||8,288||8,288|3,379||3,379|
||One off Gifts|||||21,329||21,329|30,912||30,912|
||Sponsorship
Income -|New||Wine|||||4,385||4,385|
||Diocese Income||||||||6,600||6,600|
||Grants|||||6,754||6,754|25,800|16,750|42,550|
|||||||433,649|17,322|450,971|467,240|60,514|527,754|
|2b|Activities for Generating||Funds|||||||||
||Coffee Shop|||||63,157||63,157|32,141||32,141|
||External Conferenceing||8|Room|hire|13,498||13,498|9,321||9,321|
|||||||76,655||76,655|41,462||41,462|
|2c|Investment
Income|||||||||||
||Banklnterest|||||381||381|72||72|
|||||||381||381|72||72|
|2d|Income Resources from|Charitable|||Activities|||||||
||Church Fees i.eweddings|||||841||841|578||578|
||Income from Church Activities|||||70,288|1,000|71,288|62,774|2,0X|64,774|
||Book income|||||30||30|10||10|
||Hardship
Fund||||||805|805|||560|
|||||||71,159|1,805|72,964|63,362|2,560|65,922|
|2e|Other Incoming Resources|||||||||||
||Tower Street Rent|||||10,610||10,610|3,181||3,181|
||Job Retention
Scheme|-|HMRC Grant||||||12,687||12,687|
||Kickstart @Apprentice|Schemes||||37,517||37,517|68,873||68,873|
||LPW grant for VAT|||||275||275|1,899||1,899|
||Building
Fund Expenditure|||- Refund||||||4,200|4,200|
|||||||48,402||48,402|86,640|4,200|90,840|
|2f|Net proceeds from Sale|ofAsset||||108,239||108,239||||
||TOTAL|||||738,485|19,127|757'612|658,776|67,274|726,050|
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|NO|TES TO THE FINANCIAL STAT|E|ME|NTS (continue|d)|d)|||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|3|EXPENDITURE||||Unrestricted||Restricted|TOTAL FUNDS|Unrestricted|Restricted||TOTAL FUNDS|
|||||||Funds|Funds|2022|Funds|Funds||2021|
|||||||E|f|f|E|f||f|
|3a|Costs ofgenerating
funds||||||||||||
||Coffee Shop expenses|||||20,814||20,814|12,892|||12,892|
||Coffee Shop Staff Salaries||&|Pension||46,125||46,125|37,652|||37,652|
||External Conferenceing|8|Room hire|||2,762||2,762|4,119|||4,119|
|||||||69,701||69,701|54,663|||54,663|
||Charitable
Expenditure||||||||||||
|3b|Mission and Ministry||||||||||||
||Mission
Links - Individuals||(note 15)|||2,106||2,106|2,865|||2,865|
||Mission
Links —Societies|&Organisations|||(note 1|42,040||42,040|31,900|||31,900|
||Individual
Gifts - amounts||paid (note 15)|||2,530||2,530|3,297|||3,297|
||Diocese Parish Gift|||||108,000||108,000|108,000|||108,000|
||Mission
—Students,
Imprint,|||MSC's, Alpha|8||||||||
||Evangilism|||||7,218|5,420|12,638|6,740|3,354||10,094|
||TMAL &Compassion
ministries|||||1,930|5,483|7,413|1,298|4,054||5,352|
||Young Trinity, Youth and|Schools Work||||8,572|44|8,616|8,009||121|8,130|
||Resellables||||||||542|||542|
||Resource Church|||||7,317||7,317|4,729|||4,729|
||Training
and Development||-|Incls NWDY||12,550||12,550|24,907|||24,907|
||Church
Events and Hospitality|||||3,995||3,995|20,506|||20,506|
||Christian
Conferences|||||33||33|||||
||Church Services &Music|||||11,118||11,118|6,289|||6,289|
||Church Fees Costs i.e.weddings||||||||103|||103|
||Hardship
Fund||||||1,291|1,291|||572|572|
||Ministerial
Staff Salaries|&Pensions||||158,046||158,046|146,944|||146,944|
||Ministerial
Staff Expenses||||||||62|||62|
||Book resellable|||||102||102|25|||25|
|||||||365,557|12,238|377,795|366,216|8,101||374,317|
|3c|Property,
Management|&|Administration||||||||||
||Church 8 Offices - insc,|rates, utilities, cleaning|||||||||||
||& carpark|||||22,959||22,959|19,005|||19,005|
||Church
Repairs and Maintenance|||||6,245||6,245|9,650|||9,650|
||Equipment,
Depreciation||and Technical||||||||||
||Maintenance|||||3,265||3,265|8,508|||8,508|
||Trinity
Hall Running
Costs|||||11,478||11,478|9,954|||9,954|
||Trinity
Hall &Rectory Garage|||Depreciation||12,362||12,362|13,185|||13,185|
||Building Fund Development|||Expenditure|||||||350|350|
||Administrative
Staff Salaries,|||Pensions &|Expens|71,326||71,326|80,140|||80,140|
||Tower Street - Rent and|Costs||||12,624||12,624|3,935|||3,935|
||Office Expenses and Printing|||||8,094||8,094|8,370|||8,370|
||Professional
Fees and Licensing fees|||||4,236||4,236|4,314|||4,314|
||Bank Charges|||||139||139|108|||108|
||Mortgage
Interest||||||7,704|7,704||10,463||10,463|
|||||||152,728|7,704|160,432|157,169|10,813||167,982|
|3d|Other||||||||||||
||Auditor's
Remuneration|||||5,520||5,520|5,070|||5,070|
||Kickstart set up costs|||||1,026||1,026|19,918|||19,918|
||Kickstart Salaries &Pension|||||31,882||31,882|42,975|||42,975|
|||||||38,428||38,428|67,963|||67,963|
||TOTAL|||||626,414|19,942|646,356|646,011|18,914||664,925|
|4|NET INCOME FOR THE YEAR||||||2022|2022||2021|
|---|---|---|---|---|---|---|---|---|---|---|
|||||||||f||f|
||Net income is stated after charging:||||||||||
||Depreciation|||||||14,658||15,418|
|5|STAFF COSTS||||||2022|||2021|
|||||||||f||f|
||Wages and sa Iaries||||||277,674|||273,639|
||Socia I Security costs|||||||15,023||18,051|
||Pension costs|||||||14,682||16,021|
||TOTAL||||||307,379|||307,711|
||In 2022, the PCC employed|an average of16(2021:17)members||||of|staff. The full time equivalent|employees||were 11|
||(2021:11)During the year,|10people were employed||under the||Kickstart Scheme. A scheme for||employers|to|create jobs|
||for 16to 24 year olds on Universal||Credit. There were no employees||||who earned more than f60|000 including||pension|
||costs. The PCC contributed|to a defined contribution||personal|pension scheme for 11employees|||(2021:13).|||
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|FIXEDASSETS FOR USE BYTHE PCC||||
|---|---|---|---|
||Property|Equipment|Total|
|Tangible
Fixed Assets|f|f|f|
|Cost at 1Janua ry 2022|618,122|21,453|639,575|
|Additions||2,340|2,340|
|Reclassification
ofAsset||||
|Cost at 31December 2022|618,122|23,793|641,915|
|Depreciation
at 1January 2022|98,897|17,516|116,413|
|El i mi nated on dispos a I||||
|Depreciation
for the year|12,362|2,296|14,658|
|Depreciation
at 31 December 2022|111,259|19,812|131,071|
|NBV at 31December 2022|506,863|3,981|510,844|
|NBV at 31December 2021|519,225|3,937|523,162|
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|||||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|---|
|||||Funds|Funds|2022|2021|
|||||f|f|f|f|
||Fixed Assets|||510,844||510,844|523,162|
||Current Assets|||229,097|43,376|272,473|307,778|
||Current
Liabilities|||(72,878)||(72,878)|(64,232)|
||Long Term Liabilities|||(175,629)||(175,629)|(343,154)|
|||||491,434|43,376|534,810|423,554|
|9|DEBTORS|||Unrestricted|Restricted|Total|Total|
|||||Funds|Funds|2022|2021|
|||||f|f|f|f|
||Gift Aid recoverable|||6,279|221|6,500|6,002|
||Other debtors R|prepayments||24,125||24,125|27,723|
|||||30,404|221|30,625|33,725|
|10|CURRENT ASSET|INVESTMENT||Unrestricted|Restricted|Total|Total|
|||||Funds|Funds|2022|2021|
|||||f|f|f|f|
||Asset held for Sale||||||34,587|
||The assest held for sale||previously|was sold in the year.||||
|11|LIABILITIES:AMOUNTS||FALLING DUE WITHIN ONE YEAR|||||
|||||Unrestricted|Restricted|Total|Total|
|||||Funds|Funds|2022|2021|
||Creditors for goods and||services|21,109||21,109|2,688|
||Deferred income|||26,192||26,192|30,047|
||Other Creditors|||10,661||10,661|10,176|
||Accrued expenses|||7,817||7,817|7,321|
||Mortgage capita|I repayment||7,099||7,099|14,000|
|||||72,878||72,878|64,232|
##
||academic year and monies
received i|nadvance
for academic|years 2022/202|3.||
|---|---|---|---|---|---|
|12|LIABILITIES:AMOUNTS
FALLING DUE|MORE THAN ONE YEAR||2022|2021|
||Mortgage
loan with Methodist
Chapel|Aid secured on Trinity|Hall|175,629|343,154|
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||||Fund balances||||Fund|balances|
|---|---|---|---|---|---|---|---|---|
||||brought forward|Income|Expenditure|Transfers|carried|forward|
|Restricted funds:|||||||||
|Hardship
Fund|||1,516|663|(572)|||1,607|
|Trinity Money Advice (TMAL)|||467|13|(480)||||
|Buildings
Development||Fund|7,856|27,904|(10,814)|(12,641)||12,305|
|Compassion
Fund|||4,338|17,679|(3,573)|||18,444|
|Compassion
Life Skills||Funds|931|||||931|
|Children's
Work Award||Fund|499||(121)|||378|
|Imprint
Fund|||3,615|5,265|(3,354)|||5,526|
|Worship
Leader Fund|||2,250|15,750||||18,000|
||||21,472|67,274|(18,914)|(12,641)||57,191|
|Unrestricted
funds:|||||||||
|Genera
I funds|||135,722|652,776|(632,826)|(14,981)||140,691|
|Desi nated funds:|||||||||
|Holy Trinity Church|Plant Fund||6,000|6,000||||12,000|
|Trinity
Hall Fund|||161,792||(12,362)|12,641||162,071|
|Rectory Garage Fund|||35,410||(823)|||34,587|
|Sma II Gifts Fund|||2,033|||4,981||7,014|
|Building Maintenance||Fund||||10,000||10,000|
||||340,957|658,776|(646,011)|12,641||366,363|
|Total funds|||362,429|726,050|(664,925)|||423,554|
##
|15|GRANTS|||2022|2021|
|---|---|---|---|---|---|
||Giving to Missions and other organisations:|||||
||Individual
recipient||Link|||
||5 Nantes|||360|240|
||S Korrai|||1,746|1,750|
||A& LZhang||||875|
|||||2,106|2,865|
||Societies &organisations|||||
||A Fanstone||IRIS Ministries|3,540|2,625|
||SWheway||Hellenic Ministries|3,540|2,625|
||Christian
Aid|||1,500|1,125|
||Open Doors|||1,500|1,125|
||Fusion||Student ministry|3,000|2,250|
||Tanzania
Project|||5,040|3,750|
||New Wine||Home mission|4,925|1,125|
||Saffiers|||3,540|2,625|
||Resource||Alison Morgan|3,540|2,625|
||ROC UK|||275|300|
||Leicester Citizens|||1,000|1,000|
||Safe Families for Children|||500|500|
||International
Justice Mission|||500|1,000|
||Holy Trinity Church|Plant||3,000|6,000|
||Whipton
Church|||1,000||
||Mission 24|||1,000||
||Evangelical
Alliance|||100||
||Home for Good|||500||
||Church Action on Poverty|||500||
||Legacy Ministries
—SBraker|||3,540|2,625|
||Community
Money Advice||||100|
||CPAS||||500|
|||||42,040|31,900|
||Giving to individual|mission||||
||L Dobson
—Mission|||80||
||S Korrai
—Mission|||80||
||P Neto
—Mission|||300||
||A Silva- Mission|||300||
||LWasukulu
—mission|||300||
||Slltecehncio
—Mission|||300||
||J Morris
—Mission|||300||
||CAnaele
—Mission|||500||
||PCC leaving gifts|||370||
||J Patel||||1,000|
||5 lltchenco
—Visa Costs||||887|
||Andrew
Cannon||||200|
||Slltchenco-
Mission Costs||||150|
||5 Nantes
—Mission Costs||||60|
||S Rudge||||1,000|
|||||2,530|3,297|
||Total mission payments|||46,676|38,062|