PARISH CHURCH OF ST. MICHAEL YORKTOWN, CAMBERLEY
STATEMENT OF FINANCIAL ACTIVITIES
For the year ended 31st December 2022
| Note INCOMING RESOURCES Voluntary income (direct giving) 2(a) Other voluntary income 2(b) Receipts from activities for Generating funds 2(d) Receipts from church activities 2(d) Income from investments 2(e) TOTAL INCOMING RESOURCES RESOURCES EXPENDED Costs of generating voluntary Income 3(a) Charitable activities 3(b) Governance costs 3(c) Other resources expended 3(d) TOTAL RESOURCES EXPENDED NET INCOMING/(OUTGOING) RESOURCES Transfer between funds Transfer between unrestricted funds NET MOVEMENT IN FUNDS Reconciliation of Funds Balances Brought Forward at 1st January 2022 BALANCES CARRIED FORWARD At 31st December 2022 |
Unrestricted Funds Main Designated Fund Funds £ £ 103,027 32,510 6,199 0 361 0 7,717 0 265 0 117,570 32,510 1,039 0 142,565 47,959 0 0 3,340 0 146,945 47,959 (29,375) (15,449) (29,375) (15,449) 45,673 0 16,298 (15,449) |
Restricted Funds £ 6,253 2,024 0 5,391 981 14,648 0 9,386 0 204 9,590 5,058 5,058 115,765 120,823 |
TOTAL FUNDS 2022 2021 £ £ 141,790 116,369 8,223 5,161 361 80 13,108 12,312 1,246 60 164,729 133,982 1,039 324 199,911 137,451 0 0 3,544 1,686 204,495 139,461 (39,766) (5,479) (39,766) (5,479) 161,438 206,309 121,672 200,830 |
TOTAL FUNDS 2022 2021 £ £ 141,790 116,369 8,223 5,161 361 80 13,108 12,312 1,246 60 164,729 133,982 1,039 324 199,911 137,451 0 0 3,544 1,686 204,495 139,461 (39,766) (5,479) (39,766) (5,479) 161,438 206,309 121,672 200,830 |
|---|---|---|---|---|
| 133,982 | ||||
| 324 137,451 0 1,686 |
||||
| 139,461 | ||||
| (5,479) | ||||
| (5,479) 206,309 |
||||
| 200,830 |
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PARISH CHURCH OF ST. MICHAEL YORKTOWN, CAMBERLEY
BALANCE SHEET AT 31ST DECEMBER 2022
| Note CURRENT ASSETS Short term deposits Cash at bank and in hand Debtors LIABILITIES: amounts falling due within one year 5 NET CURRENT ASSETS NET ASSETS 6 FUNDS 7 Unrestricted - Main - Designated Restricted Approved by the Parochial Church Council on April 2023 and signed on its behalf by: |
2022 £ 107,642 23,625 0 131,267 (9,595) 121,672 121,672 16,298 (15,449) 120,823 121,672 |
2021 £ 111,424 56,733 4,749 |
|---|---|---|
| 172,906 (11,468) |
||
| 161,438 | ||
| 161,438 | ||
| 45,673 0 115,765 |
||
| 161,438 | ||
Vicar Churchwarden
The notes on pages 8 to 13 form part of these accounts
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PARISH CHURCH OF ST. MICHAEL YORKTOWN, CAMBERLEY
NOTES TO THE FINANCIAL STATEMENTS
For the year ended 31st December 2022
1 ACCOUNTING POLICIES
- a. Basis of Accounting
The accounts have been prepared in accordance with the Parochial Church Council's governing document, the Charities Act 2011 and “Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)” (effective 1 January 2019). The Parochial Church Council is a Public Benefit Entity as defined by FRS 102.
The financial statements have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a true and fair view. This departure has involved following the Statement of Recommended Practice for charities applying FRS 102 rather than the version of the Statement of Recommended Practice which is referred to in the Regulations but which has since been
Investment income, covenants and donations are accounted for on a receivable basis to which is added income tax recoverable.
Legacy income is recognised when the criteria for entitlement has been met.
Expenditure is accounted for when payable and includes value added tax.
b. Tangible Fixed Assets
Tangible fixed assets do not include items of movable church furnishings as these are regarded as inalienable property and can not be disposed without a faculty.
Tangible fixed assets are those held by the PCC for the continuing use in its work. Individual items over £1,000 of a capital nature are treated as fixed assets.
2 Incoming Resources
| 2 (a) Voluntary income (direct giving) Planned giving Income tax recoverable Collections (open plate) at all services Donations via SumUp Sundry donations |
Unrestricted Funds Main Designated Fund Funds £ £ 79,524 0 3,470 0 82,994 0 1,659 0 1,342 17,032 32,510 103,027 32,510 |
Restricted Funds £ 4,596 1,269 5,865 0 0 388 6,253 |
TOTAL FUNDS 2022 2021 £ £ 84,120 81,084 4,739 4,965 88,859 86,049 1,659 1,393 1,342 4,412 49,931 24,515 141,790 116,369 |
|---|---|---|---|
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PARISH CHURCH OF ST. MICHAEL YORKTOWN, CAMBERLEY
NOTES TO THE FINANCIAL STATEMENTS
For the year ended 31st December 2022
| 2 Incoming Resources (continued) 2 (b) Other voluntary income Grants Legacy Other 2 (c) Receipts from activities generating Fete and other fundraising events Coffee 2 (d) Receipts from church activities Church hall letting etc. Wedding fees Burial fees 2 (e) Income from investments Bank deposit interest Deposits with Central Board of Finance TOTAL Incoming Resources |
Unrestricted Funds Main Designated Fund Funds £ £ 6,199 0 0 0 0 0 6,199 0 funds 0 0 361 0 361 0 2,418 0 1,464 0 3,835 0 7,717 0 265 0 265 0 117,570 32,510 |
Restricted Funds £ 2,024 0 0 2,024 0 0 0 0 0 5,391 5,391 981 981 14,648 |
TOTAL FUNDS 2022 2021 £ £ 8,223 5,161 0 0 0 0 8,223 5,161 0 0 361 80 361 80 2,418 1,236 1,464 1,174 9,226 9,902 13,108 12,312 0 0 1,246 60 1,246 60 164,729 133,982 |
|---|---|---|---|
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PARISH CHURCH OF ST. MICHAEL YORKTOWN, CAMBERLEY
NOTES TO THE FINANCIAL STATEMENTS
For the year ended 31st December 2022
| 3 Resources used Unrestricted Funds Main Designated Fund Funds £ £ 3 (a) Costs of generating voluntary income Stewardship envelopes 0 Publicity 240 0 Electronic giving 22 Licences, fees and fete costs 778 0 1,039 0 3 (b) Charitable Activities Support for World Mission - 5,230 0 (Note 3(f)) Diocesan Parish share 75,207 0 Clergy expenses 838 0 Light & Heat 7,474 0 Church running expenses 3,732 0 Insurance 4,694 0 Telephone 816 0 Church maintenance 12,196 0 Church structural improvement 4,649 47,959 Equipment replaced 6,911 0 Salaries 20,012 0 Churchyard upkeep 0 0 Vicarage costs 414 0 Books, teaching materials and courses 393 0 142,565 47,959 |
Restricted Funds £ 0 0 0 0 0 0 0 435 0 0 349 0 8,602 0 0 9,386 |
TOTAL FUNDS 2022 2021 £ £ 0 0 240 110 22 78 778 136 1,039 324 5,230 7,030 75,207 73,250 838 702 7,474 4,605 4,167 2,424 4,694 5,232 816 719 12,545 6,660 52,608 0 6,911 0 20,012 18,501 8,602 8,324 414 8,359 393 1,645 199,911 137,451 |
|---|---|---|
During the year the church replaced the boilers at a cost of £6,762. An additional guard rail was added to the balcony to the belltower and major work costing £47,959 was made on replacing the church's audio visual system including upgrading wiring to modern safety standards. Grants were received from the Friends of St Michael's for the audio visual project and the Guildford Diocesan Guild of Bellringers for the belltower guardrail.
| 3 (c) Governance costs Quinquennial Independent examiner's fee 3 (d) Other resources expended Printing and stationery Sundries |
0 0 1,704 1,636 3,340 |
0 0 0 0 |
0 0 204 204 |
0 0 0 0 0 0 1,704 1,381 1,840 305 3,544 1,686 |
|---|---|---|---|---|
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PARISH CHURCH OF ST. MICHAEL YORKTOWN, CAMBERLEY
NOTES TO THE FINANCIAL STATEMENTS
For the year ended 31st December 2022
| 3 Resources Used (continued) 3 (e) Missionary and charitable Giving Special donations Uganda Support for World Mission Camberley Care Trust Camberley Youth for Christ Connect Christian counselling Service Flame International John Ray Initiative Step by Step The Family Contact Centre The Hope Hub Total Grants and Special Donations 4 STAFF COSTS Wages and salaries Social security costs |
Unrestricted Funds Main Designated Fund Funds £ £ 800 800 0 500 500 1,000 500 130 600 400 800 4,430 0 5,230 0 |
Restricted Funds £ 0 0 0 |
TOTAL FUNDS 2022 2021 £ £ 800 800 800 800 500 700 500 1,000 1,000 1,200 500 700 130 630 600 600 400 600 800 800 4,430 6,230 5,230 7,030 2022 2021 £ £ 19,513 18,087 0 0 19,513 18,087 |
TOTAL FUNDS 2022 2021 £ £ 800 800 800 800 500 700 500 1,000 1,000 1,200 500 700 130 630 600 600 400 600 800 800 4,430 6,230 5,230 7,030 2022 2021 £ £ 19,513 18,087 0 0 19,513 18,087 |
|---|---|---|---|---|
| 800 | ||||
| 700 1,000 1,200 700 630 600 600 800 |
||||
| 6,230 | ||||
| 7,030 | ||||
| 2021 £ 18,087 0 |
||||
| 18,087 |
During the year the PCC employed an administrator and a youth worker.
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PARISH CHURCH OF ST. MICHAEL YORKTOWN, CAMBERLEY
NOTES TO THE FINANCIAL STATEMENTS
For the year ended 31st December 2022
| 5 LIABILITIES Amounts falling due within one year Accruals and deferred income |
2022 2021 £ £ 9,595 11,468 9,595 11,468 |
|---|---|
| 6 ANALYSIS OF NET ASSET BY FUND Unrestricted Funds Restricted Main Designated Funds Fund Funds £ £ £ Current assets: current accounts 14,005 9,570 Deposits at Central Board of Finance 16,470 0 91,172 Cash in hand 151 Debtors 0 0 0 Current liabilities (9,434) 0 FUND BALANCE 21,041 0 100,893 7 RESTRICTED FUND DETAILS Movement In resources Balance Transfers Incoming at start of between year funds £ £ £ Miss Reid's Legacy 750 9 St Michael's churchyard 352 7,443 Choir 808 Flowers 215 389 Organ 3,116 37 Chapel Fund 867 11 Renewal Fund 109,308 6,759 Bells 349 115,765 0 14,648 |
TOTAL FUNDS 2022 2021 £ £ 23,576 56,582 107,642 111,424 151 151 0 4,749 (9,434) (11,467) 121,934 161,439 Outgoing Balance at end of year £ £ 759 (8,704) (909) 808 (435) 169 3,153 878 (102) 115,965 (349) 0 (9,590) 120,823 |
TOTAL FUNDS 2022 2021 £ £ 23,576 56,582 107,642 111,424 151 151 0 4,749 (9,434) (11,467) 121,934 161,439 Outgoing Balance at end of year £ £ 759 (8,704) (909) 808 (435) 169 3,153 878 (102) 115,965 (349) 0 (9,590) 120,823 |
|---|---|---|
| 161,439 | ||
| Balance at end of year £ 759 (909) 808 169 3,153 878 115,965 0 |
||
| 120,823 |
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