#
##
##
##
##
##
##
|Rules.|||||||
|
|---|---|---|---|---|---|---|---|
|During the|year the||following|served as members||of the PCC;||
|Incumbent:||||The Revd William
Perry
(installed 31"August 2022)|||Chairman|
|Associate|Minister:|||The Revd Tom
Hill
(licensed 31"August 2022)||||
|Churchwardens:||||||||
|||||john Swanson|(resigned lu November 2022)|||
|||||Anne Thomson|(lay Vice-Chair)|||
|Assistant|Warden:|||||||
|||||Sheila Sutherland||||
|Representatives||on Deanery Synod:||||||
|||||Sheila Cole||||
|||||Susan Roberts||||
|Elected members:|||(period|left to serve)||||
|One year:||||Linda
Hauxwell||||
|||||Veronica
Kay||||
##
##
##
##
##
##
##
##
##
##
##
|Por the year ended 3|1Decembe|r 2022|||||||
|---|---|---|---|---|---|---|---|---|
|||||Unrestricted|Designated|Restricted|Total|Tote I|
||||Notes|FundsI|Funda
E|Funds
6|2022
6|2021
F.|
|INCOME AND ENDOWMENTS|||||||||
|Donations,
legades,
grants|||fia|129,396|76,359|70,423|276,178|121,913|
|Charitable
activities|||5b|9,725|||9,725|1,443|
|Other tradmg
activities|||5c|54,344|||54,344|50,460|
|investments|||50|13,939||2,450|16,389|17,281|
|TOTAL INCOME||||207,404|76 359|72,873|356 636|191098|
|EXPENDITURE|||||||||
|Charitable
a«tlvltles||||721|||721|4,105|
|Other expenditure|||66|174,347|28,295|115,455|318,097|156,182|
|Raising funds|||6c||||||
|TOTAL EXPENDITURE||||~175068|~28 295|~115455|~338818|~160287|
|NET INCOME/(EXPENDITURE)||||32,336|48,oa4|(42,582)|37,818|30,811|
|NET GAINS/(LOSSES)|ON INVESTMENTS||||||||
|Other fixed investments||||||(13,680)|(13,680)|17,379|
|NFT INCOME/(EXPENDITURE)||AFTER NET|||||||
|GAINS/(LOSSES)
ON|INVLSTMLNTS|||32,336|48,064|(56,262)|24,138|48,190|
|TRANSFERS BLTWLLN FUNDS|||||||||
|NET MOVEMENT IN FUNDS||||32,336|48,064|(56,262)|24,138|49,190|
|RESERVLS BROUGHT|FORWARD AT||||||||
|I 3ANUART 2022||||46,688||540,743|587,431|539,2'll|
|RESERVESCARRIED FORWARD
31DECEMBER 1022||AT||~79024|~48 064|~484 481|~611569|~587 431|
|
R si t~d
my|i|
t131607|||||||
|---|---|---|---|---|---|---|---|---|
|BALANCE SHEET|||||||||
|As at 31December|1022||||||||
|||||Unrestricted|Designated|Asstricted|Total|Total|
||||Notes|Funds|Funds|Furr cia|207.2|2021.|
|||||6|8|6|5|E|
|FIXED ASSETS|||||||||
|Fixed asset Investments|||||||||
|investment
property||||||375,000|375,000|375,000|
|Other investment
assets||||||86,317|86,317|124,997|
||||||0|~46L 317|451,317|~499997|
|CURRENT ASSETS|||||||||
|Stock||||0|0|0|0|122|
|Debtors||||13,484|0|63,432|76,916|87,892|
|Short term deposits||||0|0|19,876|19,876|19,618|
|Cash at bank and
In hand||||94,112|48,064|29,856|172,032|104,170|
|||||107,596|48,084|IL3,164|2d8,814|211,802|
|LIABILITIES: AMOUNTS|||||||||
|PALLING DUE WITHIN||ONE|||||||
|YEAR||||28,572|0|0|28,572|34,368|
|NET CURRENT ASSETS||||79,024|48,064|113,164|240,252|177,434|
|LIABILITIES; AMOUNTS|||||||||
|FALLING DUL AFTLR MORE THAN|||||||||
|ONE YEAR||||0|0|90,000|90,000|90,000|
|NET ASSETS||||~79024|~48 054|~454 4SI|~dtt 569|~587431|
|FUNDS|||||||||
|INCOME FUNDS|||||||||
|General
unrestricted
funds
Designated
unrestricted
funds|||ll
II|79,024
0|0
48,064|0
0|79,024
48,064|46,688
0|
|Restricted
Inmme
i'unde|||loikl I|0|0|484,481|484,481|540,743|
|||||~79 024|~48 064|~484 481|~611S59|~557 431|
##
##
|a)|Accounting|conventio|conventio|n||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
||The financial|statements|||have|been||prepared
In accordance
with 'Accounting
and Reporting
by Chantles:
Statement
of Recommended||||||||||
||Practice apphcable
to||charities||||preparing|||their accounts
In accordance
with the Flnandal
Reporting
Standard|appgcable
in the UK||and Repubgc|||||
||of Ireland
(FRS 102)(Second|||||Edition)'||||and the Finanoal
Reporting
Standard
applkable
In the United
Kingdom
and Republic||of Ireland||(FRS||||
||102) and the Charities|||Act 2011and|||||UK Generally
Accepted Practice as It applies
from I Ianuary 2015.|||||||||
||The financial|statements|||have|been||prepared
to give a 'true and fair' view and have departed
from the Charities
(Accounts||||and Reports)||||||
||Regulations|2008 only|to||the extent required
to provide
a 'true and fair vlewt
This departure
has involved
fogowlng
'Accounting
and|||||||||||||
||Reporting
by Charities:|||Statement||||of|Recommended
Practice applicable
to charities
preparing
their accounts||In accordance|with the Flnandal||||||
||Reporting
Standard
appgcabie|||||in the|||UK and Republic of Ireland
(FRS 102) (Second Edition)'rather
than the||Accounting
and Reportin|||by||||
||Charities;
Statement||of Recommended|||||||Practice effective from 1 Apnl 2003 which has s nce been withdrawn.||||||||
|b)|Definitions|used ln|this||section:|||||"SoFA' means the Statement
of Financial
Affairs
/ Hnancial
Statements||||||||
|||||||||||"PCC"means the Parochial
Church
Council of the Ecclesiastical
Parish of Leatherhead||||||||
|c)|Incoming
Resources|||||||||||||||||
||Recogmtlon|of mcome||||||||These are included
In the SoFA when the PCC becomes entitled
to|the resources|and the PCC view||||||
|||||||||||the receipt the resources as probable
and the monetam
value can|be measured|with sumclent||||||
|||||||||||regabihty.||||||||
||Income
with|related
expenditure||||||||Where Incoming
resources are deemed
the property
of the PCC and have related||expenditure|||(as|||
|||||||||||with fund raising or contract
income) the incommg
resources
and|related
expenditure,||unless|||||
|||||||||||otherwise
stated, are each reported
gross
in the SoFA.
However,|where there
is|a flow|through|||of||
|||||||||||funds, e.g. where
funds are raised for a third
party and then fully|paid out to that third||party,||then|||
|||||||||||neither the Income (which
Is not the property
ofthe PCC) nor the|expenditure
are reflected|||In||the||
|||||||||||SoFA.||||||||
||Grants and donations|||||||||Grants
and donations
are only Included
within
the SoFA when the|PCC has unconditional|||||||
|||||||||||entitlement
to such resources.||||||||
||Legacies|||||||||Legacies are recognised
when the PCC Is notified of Its legal entitlement
following||grant|of probate|||||
|||||||||||and is notified
oF the amount
due and the settlement
date.||||||||
||Tax reclaims|on donations|||and||gifts|||Incoming
resources
from tax reclaims are included
ln the SoFA at|the same time|as the gift||to||||
|||||||||||which they relate.||||||||
||Investment|Income||||||||Investment
income
Is included
in the financial statements
when receivable.||||||||
||Investment|gains and|losses|||||||This includes
any gain or loss on the sale of Investments
or any gain or toss resultmg
from||||||||
|||||||||||revaluing
Investments
to market
value at the year end.||||||||
|d)|Expenditure|and Llabffltles||||Recognltlon||||||||||||
||Llabgitles
recognltlon|||||||||Liabgities
are recognised
as soon as there
Is a legal or constructive|obhgaUon
commitbng
the PCC|||||||
|||||||||||to pay out resources.||||||||
||Grants
payable
without|||performance||||||These are only recognised
ln the SoFA when
a commitment
has been made and||there are no||||||
||conditions|||||||||conditions to be met relatmg
to the grant
which renialn
In the control of the PCC||||||||
||Irrecoverable|VAT||||||||Non recoverable
VAT is attributed
to the relevant
expense.||||||||
||Costs ofgenerating
funds|||||||||Costs ofgenerating
funds are fund raising
and pubgclty||||||||
||Chantable
activities|||||||||Charitable
activities
are expenditure
on the mission||||||||
||Governance|costs||||||||Governance
costs Indude
legal and other professional
fees.||||||||
||SUpport costs|||||||||Support costs are the costs of Church
management
and administration
Ag such||costs|have|been||||
|||||||||||allocated
to activities
directly
relating
to the work ofthe Church.||||||||
|e)|Flnanclallnstruments|||||||||The PCC only has Rnanclal assets and ffnandal
liabilities
of a kind|that qualify
as|basic Instruments.||||||
|||||||||||Basic financial
Instruments
are inltlagy
recognised
at transaction
value and subsequently|||measured||||at|
|||||||||||their settlement
value.||||||||
##
##
##
||f)|Assets||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||Freehold|land and|These properties
are valued
based
upon|the|latest valuation
available to the PCC.||||||||
|||buildings||||||||||||
|||Tangible|fixed assets|These are capitafised
Ifthey can be used for||more than one year and cost||at least 61|000. They are|||||
|||for use by the PCC||valued at cost or, If gfited, at the value|to the PCC on receipt.|||||||||
|||investments||Investments
quoted
on a recognised
stock exchange
or Investment
funds||||are valued|at|market|value||at the|
|||||end of the year.||||||||||
|||Stocks||These are valued
at the lower of cost or market value.||||||||||
||p)|Funds||General unrestricted
funds
represent
general
purposes
ofthe PCC;|the|Income funds of the PCC that||are avafiable||for spending|||on the|
|||||Designated
unrestricted
funds represent||funds earmarked
by the PCC||for specific|purposes.|||||
|||||Designated
Funds are still legally unrestricted||and can be 'undesignated"||by the PCC|and used||for other|||
|||||purposes
at any time; in the 2022 accounts||they
represent
the "start-up'||funds recived from|||the Church|||
|||||Revitallsatlon
Trust.||||||||||
|||||Restricted
Income funds are income|funds|that must
be spent on restricted
purposes.||||Details of||||
|||||Restricted
Funds are shown
in notes 10 and||11;||||||||
||h)|Going concern||The trustees
consider that there are no|material
uncertainties
about the||Church's
abihty|||to continue|||as a|
|||||going concern, thus the PCC continues|to adopt the going concern basis||of accountmg||in preparing|||the||
|||||financial
statements.||||||||||
|2|STAFF COSTS|||||2022
E||2021I||||||
||Salaries|||||47,024||39,834||||||
||Social Security costs|||||0||0||||||
||Pension costs|||||834||463||||||
|||||||~47 858|~40 297|||||||
|NO
for|TES TO THE FINANCIAL
STAT
the year ended 31December|TES TO THE FINANCIAL
STAT
the year ended 31December|TES TO THE FINANCIAL
STAT
the year ended 31December|TES TO THE FINANCIAL
STAT
the year ended 31December|EMENTS
2021|||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
|5|INCOME AND ENDOWMENTS||||||Uhi'asti'Icted
FundsI|Designated
FundsI|ReetrlCted
FundsI|Total
2022
E|Total
2021I|
|5a|Donations
and|legacies||||||||||
||Planned
giving
-|Gift Aid|||||58,478|0|61,598|120,077|71,473|
||Income tax recoverable
on||Gift||Aid||7,392|0|8,825|16,217|17,329|
||Other planned
giving||||||18,234|0|0|18,234|19,596|
||Non covenanted|collections|(open plate) at all|||services|4,696|0|0|4,696|4,210|
||Sundry
donations|including|gift||aid||544|0|0|544|8,257|
||Legacies/
Grants||||||40,052|76,359|0|116,411|1,049|
||||||||~129395|~76359|70 423|276 179|121914|
|5b|Charitable
activities|||||||||||
||Fund raising events||||||9,725|0|0|9,725|1,443|
||||||||~9725|0|0|~9725|~1443|
|5«Other
trading
activities||||||||||||
||Magazines||||||0|||0|0|
||Church
Hall lettlngs etc.||||||32,600|||32,600|22,157|
||Rent and related|utglty costs||-|Ag Saints Hall|||||||
||- Youth ProJect||||||12,500|||12,500|12,500|
||Fees:|P.C.C|||||5,576|||5,576|3,820|
|||Churchyard|||||3,668|||3,668|5,872|
|||Diocese|||||0|||0|6,111|
||||||||~54 344|0|0|~54 344|~50460|
|5d|Investments|||||||||||
||Dividends
and Interest
including||||any reclaimed|tax|419||2,450|2,869|3,761|
||Woodbridge
rental
lcome -||net||of agent fees||13,520|0|O|13,520|13,520|
||||||||~1393S|0|~2 450|~16389|~27 281|
||TOTAL INCOME|AND ENDOWMENTS|||||~207 404|~76359|~72 873|~356637|~291098|
|6|EXPENDITURE|EXPENDITURE|EXPENDITURE|EXPENDITURE||||||||||Unrestricted|Designated|Restricted|Total|Total|
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||||||||||FundsI|FundsI|Funds
E|2022I|2021I|
|6a|Charitable||activities||||||||||||||||
||Missionary||and||charitable|giving
church|||overseas|||(Note 4)||0|||0|0|
||Home mission/other
church societies (Note 4)|||||||||||||721|||721|4, 105|
||Training|grants|||and books|||||||||0|||0|0|
|||||||||||||||721|0|0|721|~4105|
|6b|Other expenditure||||||||||||||||||
||MinlstrN||||Parish Share|||||||||87,454|0|0|87,454|17,034|
||||||Clergy expenses
(Rector)|||||||||3,790|0|0|3,790|3,135|
||||||Other clergy||costs|||||||0|0|0|0|0|
||||||Locums|||||||||2,559|0|0|2,559|0|
||||||Chgdren's
Church|||||||||0|0|26,554|26,554|21,497|
||||||Diocese|fees||||||||276|0|0|276|6,111|
||Church:||||Running,|repair and||maintenance|||||expenses|15,540|0|0|15,540|19,111|
||||||Bells/Organ||repairs|and||maintenance||||0|0|0|0|0|
||||||Making|History
Church||||redevelopment||||0|28,295|88,901|117,196|24,610|
||General:||||Magazine
md bookstall|||||||||0|0|0|0|0|
||||||Balance|and|honoraria||||||||||||
||||||Youth|work|(LYP)|||||||0|||0|8,395|
||||||Other|||||||||18,135|||18,135|21,091|
||||||Upkeep|of churchyard||||||||9,556|||9,556|9,199|
||||||Upkeep|of services||||||||2,631|||2,631|1,604|
||||||Woodbrldge||property||maintenance||||and repairs|1,935|||1,935|3,030|
||||||Support|costs for the|||Church||(Note 14)|||32,471|||32,471|21,364|
|||||||||||||||~174347|~28295|~II5 45S|~318097|~ISB182|
|6c|Raising|funds|||||||||||||||||
||Costs ol|fund||ralsmg
events||||||||||0|0|0|0|0|
||||||||||||||||||0|0|
||TOTAL EXPENDITURE|||||||||||||~175068|~28 295|~115455|~SIS818|~160187|
##
##
|ES TO THE FINANCIAL
STATEMENTS
he year ended 31December 2022|ES TO THE FINANCIAL
STATEMENTS
he year ended 31December 2022|||
|---|---|---|---|
|RESTRICTED INCOME FUNDS||2022I|2021I|
|The Restricted
Income Funds comprise the fogowlng:||||
|Curate's
House
(Woodbrldge|Avenue)|375,000|375,000|
|Parish
Church
Repair Fund||3,398|3,398|
|Parish
Church
Garden of Remembrance||7,464|7,464|
|Organ
Restoration||7,934|7,934|
|Poplar Road Fund||54,970|54,074|
|New Future||53,174|53,174|
|Vs)on 2020 Making
History||(105,203)|(86,725)|
|Hardship
Fund||1,427|1,427|
|||398,164|415,746|
|CBF unit Investment:
Poplar|Road (Note 7)|86,317|124,997|
|Total||~484 481|~540 743|
||||||Balance at|Incoming|Outgoing|Transfers/|Gains end|Balance st|
|---|---|---|---|---|---|---|---|---|---|---|
||||||~tart ofyearI|resourcesI|resources
E|Reclesslflcedon
I|losai54I|year endI|
||Unrestricted
Funds||||||||||
||General
unrestricted||||46,688|207,404|(175,068)|||79,024|
||Total Unrestrl*ed||Funds||48 688|~207 404|~175068|0|0|~79024|
||Designated
Funds||||||||||
||New Future / Vision|2020|||0|76,359|(28,295)||0|48,064|
||Total Designated|Funds|||0|~76359|~28 295|0|0|48 064|
||Restricted
Funds||||||||||
||Curate's
House (Woodbrldge|||Avenue)|375,000|||||375,000|
||Parish
Church
Repair||Fund||3,398|||||3,398|
||Pansh
Church
Gaiden||||||||||
||of Remembrance||||7,464|0|0|0|0|7,464|
||Organ
Fund||||7,934|0|0|0|0|7,934|
||Poplar Road Fund||||179,071|2,450|(26,554)|0|(13,680)|141,287|
||New Future||||53,174|0|0|0|0|53,174|
||Vision 2020 Making|History|||(86,725)|70,423|(90,132)|1,231|0|(105,203)|
||Hardship
Fund||||1,427|0|0|0|0|1,427|
||Total Restricted
Funds||||~540 743|~72 873|~116886|~1231|~13680|~484 481|
||Total Funds||||~587431|~356 636|~320 049|~1231|~23680|~611569|
|12|ANALYSIS OF NET||ASSETS BY FUND|||Unrestrkted|D4sIgxiiited|Restricted|Total|Total|
||GROUPING|||||FundsI|FundsI|Funds
8|2022I|2021I|
||Fixed Assets|||||0|0|375,000|375,000|375,000|
||Investments|||||0|0|86,317|86,317|124,997|
||Current Assets|||||107,596|46,064|113,164|268,824|211,802|
||Current
Llabgltles|||||(28,572)|0|0|(28,572)|(34,368)|
||Long Term Uabgitles|||||0|0|(90,000)|(90,000)|(90,000)|
||Funds balances|||||79024|48064|484 481|~621569|~587431|
|
he year ended 31December 20|
he year ended 31December 20|22|22|22||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
|FURTHER DETAILS OF GRANTS||AND DONATIONS|||MADE||2022|||2021||
|FROM BOTH RESTRICTED AND|UNRLSTRICTED|||FUNDS|||UK
E|Over'seas
I||UK
I|Oversees
I|
|BIshop of Guddford's
appeal|||||||531|||0||
|Epsom tl Eweg Foodbank|||||||140|||0||
|BOtt t de|||||||50|||0||
|Leatherhead
Youth Project|||||||0|||4,105||
|Note: monies
from Xmas cogectlon||wgl be paid|In 2023||||721||0|4 105|0|
|SUPPORT COSTS FOR THE CHURCH||||||Unrestricted|Designated|Restricted||Tote I|Tote I|
|||||||Fulttls
E|FundsI|Funds
E||2022I|2021
E|
|Church
Hall running
costs (including||salaries)||||23,318||||23,318|11,321|
|Printing
and stationery,
post etc.||||||5,846||||5,846|5,633|
|Bank charges and loan interest||||||177||||177|193|
|Independent
examination||||||2,940||||2,940|2,700|
|Other accountancy
fees||||||0||||0|0|
|Legal and Other Protesslonatfees||||||190||||190|1,236|
|Other||||||0||||0|281|
|||||||32471|0||0|32 471|21364|
|LEASES||||||||||||
|At the reporting
date the Church|had the fogowlng|||minimum||lease payments
under|non-cancegable|operating|leases|(for equipment)|which|
|fall due as follows;||||||||||||
|||||||||||2022
E|2021
I|
|Expiring
ln less than one year||||||||||0|4,080|
|Expnn9
ln two to hve years||||||||||0|0|
|||||||||||0|~4080|
|ANALYSIS OF PRIOR YLAR TOTALS||||||Unrestricted|Designated|Restricted|||Total|
|||||||Funds
E|Funds
E|FuhdsI|||2021I|
|INCOME AND ENDOWMENTS||||||||||||
|Donations
and legacies
Charitable
activities||||||99,724
1,443||22,190
0|||121,914
1,443|
|Other trading
activities
Investments||||||50,460
13,597||0
3,684|||50,460
17,281|
|||||||~165 224|0|25,874|||~191098|
|EXPENDITURE||||||||||||
|Charitable
a*lvtttes||||||4,105|||0||4,105|
|Other expenditure
Raising
funds||||||110,075
0||46,|107
0||156,182
0|
|||||||114,180|0|46,|107||~160287|