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2022-12-31-accounts

Church offices Joint Council Members
Priest in Charge Revd.RichardSteel (from 09 January 2022)
Readers ChrisHigham(fromOctober2022)
IanHyde
Churchwardens ArdvaBoyes-Brewer
ChrisHigham-LayViceChairuntil 09 January 2023
Churchwarden until20March 2023
Geoff Stratford
Elected Deanery Synod ArdvaBoyes-Brewer
Representatives GrahamWiggett
GeoffStratford(from May 2022)
Elected Joint Council JayneBesley(co-optedJanuary2022,elected May 2022)
Members StevenBrewer
HugoCobham(until May 2022)
JohnDagnan(from May 2022)
DeniseEardley(co-optedJanuary2022,elected May 2022)
JasonHippisley
RickLund(from May 2022)
LesleyMann(co-opted-Sept2022)
GloriaOjo
SarahRose(until May 2022)
Paul Tesha
CateWaby
GrahamWiggett
RoyWoodford(from May 2022)
Joint Council Secretary StevenBrewer(untilSept2022)
LesleyMann (fromSept2022)
Treasurer HugoCobham(until February 2022)
GrahamWiggett(from February 2022)
Electoral Roll Officers GeoffStratford(Carlton)
GrahamWiggett(Eastgate)
Other church offices Not JointCouncilMembers
SafeguardingOfficer Chris Jenkinson (from March 2022)
Giving Secretary HugoCobham(from February 2022)
Health & Safety Officer Kevin Mann
Chair oftheMission Sarah Rose
Partnerships

Carlton (resident) 20
Carlton (non-resident) 15
Sub Total 35
Eastgate (resident) 40
Eastgate (non-resident) 141
Sub Total 181
Grand Total £lO

Notes Unrestricted Designated Restricted Endowment Total Total
funds funds funds funds 2022 2021
Income and endowments from:
Donations and legacies 117,751 5,000 645 123,395 923,693
Income from charitable activities 1,114 1,114 1,890
Other trading activities 3,370 3,370 283
Investments 2,086 7,728 9,814 1,253
Other income 979 105 360 1,443 6,455
Total income 1 125,299 5,105 8,732 139,136 933,574
Expenditure on:
Raising funds 425 425
Expenditure on charitable activities 102,130 8,073 530 110,732 212,479
Other expenditure 200 117 285 602 481
Total expenditure 2 102,755 8,190 815 111,760 212,960
Gains/lossesoninvestment assets 3 (3,170) (3,170) 2,327
Net income / (expenditure) resources before transfer 19,374 (3,085) 7,918 24,206 722,941
Transfers 4
Gross transfersbetweenfunds - in 7,000 53,447 60,447 55,408
Gross transfersbetweenfunds -out (47,370) (13,000) (78) (60,447) (55,408)
Other recognised gains /losses
Net movement in funds (20,996) 37,362 7,840 24,206 722,941
Reconciliation of funds
Total funds brought forward 170,220 30,538 779,781 980,540 257,599
Total funds carried forward 149,225 67,900 787,621 1,004,746 980,540
Represented by me following Funds 12
Unrestricted
General fund 149,225 149,225 170,220
Designated
Boiler replacement 3,000 3,000
IT replacement 2,000 2,000
Legacy- MAS 1,000
Mission 21,679 21,679 12,625
Organand works 1,000 1,000
Quinquennial 36,971 36,971 13,663
Vicar's discretionary 3,250 3,250 3,250
Restricted
FiSHProject 3,246 3,246 3,246
Legacy-Carlton 783,763 783,763 776,035
Organand works 250 250
Vicar's discretionary 362 362 500

As at As at
Notes 31/12/2022 31/12/2021
Fixed assets
3201:BlackRock Bond Fund 8,027 10,104
3202:BlackRock Equity Fund 30,210 31,303
Total Fixed assets 38,237 41,407
Current assets
3101:HSBC Current (xxxx5525) 24,618 12,111
3102:HSBC Deposit (xxxx2849) 97,921 31,455
3103:HSBC Deposit (xxxx8900) 5,386 57,961
3104:HSBC Deposit (xxxx5162) 14,432 15,001
3105:CCLA CBF CofE dep. acct. 786,280 2,531
3106:CCLA COIF Charities dep. acct. 32,372 31,977
5 Z05:Accounts Receivable 677 776,675
6 Z051:Gift Aid & GASDS Receivable 6,301 11,452
7 Z053:Accounts Receivable (LDTBF) 144
8 Z054:Gifts Receivable 2,056
9 Z055:Prepayments & Income Accruals 723 973
Total Current assets 970,909 940,137
Liabilities
10 6699:Agencycollections 244 178
11 Z04:Accounts Payable 4,156 541
Z041:Accruals 285
Total Liabilities 4,400 1,004
**Net Asset ** surplus (deficit) 1,004,746 980,540
Reserves
Excess/ (deficit)todate 27,377 720,614
Z01:Starting balances 980,540 257,599
Z02:Othergains/(losses) (3,170) 2,327
Total Reserves 1,004,746 980,540
Represented by Funds
Unrestricted 149,225 170,220
Designated 67,900 30,538
Restricted 787,621 779,781
Endowment
Total 1,004,746 980,540

ncoming Resources
Recognitionof These are included in the Statement of Financial Activities (SOFA)when:
incoming resources 1.The JC becomeslegallyentitled to the benefit of use oftheresources;
2. and inflow of economic benefit is probable;
3.the monetary value can be measured with sufficient reliability.
Fundraising costs Funds raised from events and trading activities (e.g. afete,agardenparty or
sale ofbooksand magazines) are reportedgrossin theSOFA- i.e. before the
deduction of any costs from thegrossproceeds.
Grants and Grants and donations are included in theSOFAwhen any preconditions
donations preventing their use by the JC have been met. For collections and planned
givingthis is when the funds are received.
Gift Aid Tax claims Gift Aid and other tax claims are included in theSOFAat the same time as the
etc.on cash cash donations to which theyrelate.
donations
Gifts in kind Gifts in kind are accounted for atareasonable estimate of their fair value at the
time of gift, iffeasible,or else at the amount actually realised from their
disposal.
Gifts in kind for sale to fund the JC are included in the accounts at their
estimated fair value at the date of gift, iffeasible,or else recognised whensold
by the charity.
Gifts in kind for the JC's own use are included in theSOFAas incoming
resources at their fair value when receivable, and expensed as and when
consumed in use. Gifts offixedassets, ifmaterial,are fully recognised as
income, at their fair value, in the year of acquisition and alsowrittenoff
completely, as expenditure, in the same financial year.
Donated services These are included in income (and at the same time in resources expended) at
and facilities the estimated fair value to the JC oftheservice or facility received.
Volunteer help The value of any voluntary help received is not included in the accounts but is
described in theTrustees'Annual Report.
Rental income Rental income from the letting ofthechurch is recognised when the rental is
due.
Investment income This is included in the accounts when receivable.
Investmentgains This includes anygainor loss on the sale of investments and anygainor loss
and losses resulting from revaluing investments to market value at the end oftheyear.

Liabilityrecognition Liabilities arerecognisedassoonas there is alegalor constructiveobligation
and settlement isprobablyand quantifiable.
Governance costs Include costs ofthepreparation and examination of statutory accounts, the
costs oftrusteemeetingsand costs of anylegaladvice to trustees on
governanceor constitutional matters.
Grants payable These arerecognisedin the accounts when a commitment has been made
without externallyand there are no preconditionsstillto be met for entitlement to the
performance grantthat remain within the control oftheJC.
conditions
Supportcosts (if Supportcosts includecentralfunctions and have been allocated to activitycost
allocated across categories on abasisconsistentwiththe use of resources.
more than one
heading)
Tangiblefixed assets These are not capitalised and depreciated in the accounts butwrittenoff
for use by charity completely in the year of acquisition. While the assets may have anongoing
value to the JC they are likely to have little realisable or economic value to the
JC in future periods. Thispolicyhas beenadoptedto betterreflectthe actual
usageof funds each year and the amount ofliquidfunds available to the PCC at
the end ofeachaccounting period.
Investments Investmentsquotedon arecognisedstockexchangeor whose value derives
from them are valued at market value at the yearend.Other investment assets
areincludedin the accounts at thetrustees'best estimate of market value.
Trading stocks These are valued at the lower ofcost(orgiftvalue) or year end fair value.
Short-termdeposits Include cash held ondepositeitherwithCCLAChurchofEnglandFundsor at
thebank.
unds
Unrestricted funds Theserepresenttheremaining income funds oftheJC that are available for
spendingon the generalpurposesoftheJC,includingamountsdesignatedby
the JC for fixed assets for its own use or forspendingon a future project and
thatare therefore notincludedin its 'freereserves'as detailed below.
Designatedfunds These are_unrestricted funds_that have been 'set aside', by the JC, for specific
purposes, butwhichmay be 'un-designated' byasubsequentdecisionof theJC.
Restricted funds These are income funds that must be spent on restrictedpurposesand details
ofthefunds held and restrictionsprovidedare shown in the notes to the
accounts.
Endowment funds These arerestrictedfunds that must be retained as trust capital either
permanently or subject to a discretionary power tospendcapital as income,
and where the use of any income or other benefit derived from the capital may
be restricted orunrestricted.Full details ofalltheir restrictions are shown in
the notes to the accounts.

Reserves TheJChasadopteda reservespolicyto maintain a minimum balance offree
reservesequating to three months of expenditure.
VAT The JC is not registered for VAT.

Total
Unrestricted Designated Restricted Endowment 2022 2021
Note 1 - Total income
Donations and legacies
Plannedgiving 87,705 87,705 116,252
Loose Plate 5,366 5,366 2,631
Contact!ess 80 80
Otherdonations 1,109 250 1,359 6,266
Gift Aid and GASDS 18,332 18,332 19,328
Legacies 5,000 5,000 777,035
Grants received 5,158 395 5,552
Donations and legacies Totals 117,751 5,000 645 123,395 923,693
Income from charitable activities
Statutory fees-marriages 392 392 1,204
Statutory fees-funerals 722 722 686
Income from charitable activities 1,114 1,114 1,890
Totals
Other trading activities
Church lettings 3,370 3,370 200
Books 83
Other trading activities Totals 3,370 3,370 283
Investments
Interest 1,047 7,728 8,774 351
Dividends 1,039 1,039 902
Investments Totals 2,086 7,728 9,814 1,253
Other income
Misc. income 979 105 360 1,443 6,455
Other income Totals 979 105 360 1,443 6,455
Income Grand totals 125,299 5,105 8,732 139,136 933,574

Total
Unrestricted Designated Restricted Endowment 2022 2021
Note 2 - Total expenditure
Raising funds
1701-Stewardship costs 425 - 425
Raising funds Totals 425 425
Expenditure on charitable activities
Missiongiving 6303 6,303
Vicar's discretionary 78 60 138
Covenant Pledge 65000 65,000 74,831
Salariesand payroll expenses 4,313 4,313 81,888
Clergyexpenses 1,284 1,284 521
Ministrytraining 5,528
Mission&evang. exps. 600 600 198
Insurance 5,071 5,071 4,919
Copyrightlicences 1,154 1,154 286
Build,rep. &maint. 4,945 4,945 2,848
Groundsmaint. 579 579 630
Cleaning 1,487 1,487 1,018
Organrep. &maint.
Audiovisual 205 205 340
Tel.&broadband 1,472 1,472 3,013
Stationery 117 117 205
Photocopier 3,152 3,152 1,562
Refreshments & sundries 1,269 1,269 19
OfficeIT 1,269 1,269 850
General ministry exps. 626 626 149
Children's ministry 194 194 229
Youth/SPY ministry 130 360 490 86
Seniors' ministry 18
BankCharges 28 28 92
Office exps. 29 29 156
Publicity exps. 31 110 141 72
Health&Safety 12 12 558
Professional Fees 16,842
Electricity 2,732 2,732 1,772
Gas 6,277 6,277 1,925
Water 61 61 285
Books 95 95 108
Maj.rep. &maint. 1,692 1,692 10,837
Expenditure on charitable 102,130 8,073 530 110,732 212,479
activities Totals
Other expenditure
9901-Misc. expenditure 200 117 285 602 481
Other expenditure Totals 200 117 285 602 481
Expenditure Grand totals 102,755 8,190 815 111,760 212,960

Total
Unrestricted Designated Restricted Endowment 2022 2021
Note 3 - Gains / losses on investment assets
Other Gains / losses
BlackRock investments (3,170) (3,170) 2,327
Other Gains / losses Totals (3,170) (3,170) 2,237
Note 4 - Fund Transfers
General FundtoQuinquennial Fund (25,000) 25,000
General FundtoMission Partnerships Fund (15,357) 15,357
Vicar's Discretionary (Res)toVicar's Disc (Des) 78 (78)
General Fundtoclose two minor Funds (13) 13
Fund Transfers Totals (40,370) 40,448 (78)
Note 5 - Accounts Receivable
Cash received via late expenses submission 120 120
Refundofoverpaid expenses 34 34
Cash from December events / activities 72 72
IncomeforDecember funeral 106 106
BlackRock December dividends&interest 345 345
Accounts Receivable Totals 677 677 776,675
Note 6 - Gift Aid & GASDS Receivable
GiftAidreceivable 5,212 5,212
GASDS receivable 1,089 1,089
Gift Aid & GASDS Receivable Totals 6,301 6,301 11,452
Note 7 - Accounts Receivable (LDTBF)
December funeral 144 144
Accounts Receivable (LDTBF) Totals 144 144
Note 8 - Gifts Receivable
December cash / cheque gifts 1,978 1,978
December 'SumUp' gifts 78 78
Gifts Receivable Totals 2,056 2,056
Note 9 - Prepayments & Income Accruals
CCLI-Jan-Oct2023 710 710
Wave (Anglian Water)-Jan2023 13 13
Prepayments & Income Accruals Totals 723 723 973

Total
Unrestricted Designated Restricted Endowment 2022 2021
Note 10 - Agency Collections
Funerals&marriages (22) (22)
MAFjar (42) (42)
Tear Fund (161) (161)
RoyalBritish Legion (20) (20)
Agency Collections Totals (245) (245) (178)
Note 11 - Accounts Payable
Clergy& volunteer expenses (1,090) (1,090)
DMHay(Advent candle ring) (34) (34)
Digitech (photocopier/printerservice contract) (55) (55)
Tear Fund (BigQuiz Nightincome (155) (155)
Concordant Systems Ltd (ChurchBuilder hosting) (45) (45)
Riding Lights Theatre Company (Nearly the Goat) (220) (220)
Funeralpayments (136) (136)
Refund unspent Transformation Fund grant (65) (65)
Wave (Anglian Water) (40) (40)
UFM Worldwide (Mission Fund allocation) (500) (500)
HSBC(bank charges) (9) (9)
Southern Electric (electricity) (413) (413)
SSE(gas) (1,391) (1,391)
SumUp (December charges) (1) (1)
Accounts Payable Totals (3,589) (500) (65) (4,154) (541)
Fund Name Fund Type Fund Balances
brought
forward
Income Expenditure Transfers Gains and
losses
Fund Balances
carried forward
o
<•+
fD
Boiler Replacement Designated 0 3,000 0 0 0 3,000 iO
c
i-»
5'
tu
FiSH Restricted 3,246 0 0 0 0 3,246 o
General Unrestricted 170,220 125,299 -102,755 -40,370 -3,170 149,224 c
IT Replacement Designated 0 2,000 0 0 0 2,000 3
Q.
Legacy(Carlton) Restricted 776,035 7,728 0 0 0 783,763 O
<
fl>
Legacy(MAS) Designated 1,000 0 0 -1,000 0 0 3
re
3
Misc.Trading Funds Designated 0 105 -117 13 0 1
Mission Designated 12,625 -6,303 15,357 0 21,679
Organan Works Designated 0 0 0 1,000 0 1,000
OrganWorks Restricted 0 250 0 0 0 250
Quinquennial Designated 13,663 0 -1,692 25,000 0 36,971
Vicar's Discretionary Designated 3,250 0 0 0 0 3,250
Vicar's Discretionary Restricted 500 0 -138 0 0 362
980,539 138,382 -111,005 -0 -3,170 1,004,745

CBF CBF Church of England Deposit Fund (CCLA) Balance Sheet
CCLA Churches, Charities and Local Authorities Balance Sheet
CCLI Christian Copyright Licensing International Ltd Note 9
COIF COIF Charities Deposit Fund (CCLA) Balance Sheet
FiSH Food in School Holidays SOFA
GASDS Gift Aid Small Donations Scheme Balance Sheet
Notes 1 and 6
HSBC Hongkongand Shanghai Banking Corporation Limited Balance Sheet
LDTBF Lincoln Diocese Trust and Board of Finance Ltd Balance Sheet
Note 7
MAF Mission Aviation Fellowship Note 10
SORP Statement of Recommended Practice Policies
SSE SSE Energy Supply Ltd (formerly Scottish and Southern Energy) Note 11
UFM UFM Worldwide (formerly Unevangelised Fields Mission) Note 11
VAT Value Added Tax Policies