2022-12-31-accounts - The Parochial Church Council Of The Ecclesiastical Parish Of Alveston

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			Page
Trustees' annual report
Independent examiner's report		to the trustees
Statement offinancial	activities
Statement offinancial	position
Notes to the financial	statements
The following pages	do not form part ofthe financial statements
Detailed statement of	financial	activities	20

Reference a	Reference a	nd adm	inistrative	details
Registered		charity	name	The Parochial	Church	Council ofthe Ecclesiastical		Parish of
				Alveston
Charity	registration		number	1132864
Principal	office			26 Kineton Road
				Wellesbourne
				Warwick
				Warwickshire
The trustees
				D Johnston
				J Dale
				SCoton
				J Bellamy		(Resigned	1 May	2022)
				S Richardson
				A Richardson
				T Lloyd-Adams
				N Johnson
				R Lane
				J Lucas
				K Harbottle
				Rev L McDermott		(Appointed	12July 2022)
				P Kemp		(Appointed	8 May	2022)
				H Lucas		(Appointed	8 May	2022)
Ministry	Team
Vicar				Rev. Linda McDermott
Treasurer				David Johnston
Parish Safeguarding			Officer	Erica Johnston
Music
Organist	8 Choirmaster			Matthew Smallwood
Independent		examiner		Simon McLean	FCA
				Sycamore House
				Sutton Quays	Business	Park
				Sutton Weaver
				Runcorn
				Cheshire
				WA7 3EH

					2022		2021
				Unrestricted	Restricted
				funds	funds	Total funds	Total funds
			Note	E	E		E
Income and endowments
Donations and legacies			4	65,629	15,826	81,455	83,931
Charitable activities			5	19,064		19,064	14,531
Investment income			6	4,915	6	4,921	4,289
Total income				89,608	15,832	105,440	102,751
Expenditure
Expenditure on charitable		activities	7,8	92,108	16,711	108,819	113,906
Other expenditure			9	5 920		5,920	5,092
Total expenditure				98,028	16,711	114,739	118,998
Net (losses)/gains on investments			10	(21,756)		(21,756)	19,976
Net (expenditure)/income		and net
movement in funds				(30,176)	(879)	(31,055)	3,729
Reconciliation offunds
Total funds brought	forward			364,120	'12,641	376,761	373,032
Total funds carried	forward			333,944	11,762	345,706	376,761

				2022	2021
			Note
Fixed assets
Tangible fixed assets Investments			15 16	144,419 152,460	144,775 174,215
				296,879	318,990
Current assets
Debtors Cash at bank and in hand			17	10,436 44,193	10,326 53,373
				54,629	63,699
Creditors: amounts	falling due within one year			5,802	5,928
Net current assets				48,827	57,771
Total assets less current		liabilities		345,706	376,761
Net assets				345,706	376,761
Funds ofthe charity
Restricted funds Unrestricted funds				11,762 333,944	12,641 364,120
Total charity funds			20	345,706	376,761

Donations	and legacies
		Unrestricted	Restricted	Total Funds
		Funds	Funds	2022
		F
Donations
Donations	and gifts	49,674		49,674
Grants and	donations		15,826	15,826
Gift aid		14,353		14,353
Legacies
Legacies		1,602		1,602
		65,629	15,826	81,455
		Unrestricted	Restricted	Total Funds
		Funds	Funds	2021
		E	F	E
Donations
Donations	and gifts	54,105	5,052	59,157
Grants and	donations	1,271	4,500	5,771
Gift aid		14,003		14,003
Legacies
Legacies		5,000		5,000
		74,379	9,552	83,931

5.	Charitable	activities
			Unrestricted	Total Funds	Unrestricted	Total Funds
			Funds	2022	Funds	2021
			E	E	F	E
	Hire ofSt.	Peter's	9,070	9,070	8,131	8,131
	Fees and other income		8,440	8,440	5,114	5,114
	Hire ofSt.	James	1,554	1,554	1,286	1,286
			19,064	19,064	14,531	14,531
6.	Investment	income

			Unrestricted	Restricted	Total	Funds
			Funds	Funds		2022
				F		E
Income	from	investments	4,915	6		4,921
			Unrestricted	Restricted	Total	Funds
			Funds	Funds		2021
			F	E
Income	from	investments	4,289			4,289

Ye	ar ended 3	ar ended 3	1 December	1 December	2022
7.	Expenditure		on charitable		activities	by fund type
							Unrestricted	Restricted	Total Funds
							Funds	Funds f	2022 f
	Promotion		ofthe Church	within the Parish			91,208	16,711	107,919
	Support costs						900		900
							92,108	16,711	108,819
							Unrestricted	Restricted	Total Funds
							Funds f	Funds f	2021 f
	Promotion	ofthe Church		within the Parish			97,114	15,832	112,946
	Support costs						960		960
							98,074	15,832	113,906

8.	Expenditure	on ch	arit	abl	e activities	by activity type
						Activities
						undertaken	Support	Total funds	Total fund
						directly F	costs f	2022 F	2021 f
	Promotion	ofthe Church			within the
	Parish					107,919		107,919	112,946
	Governance	costs					900	900	960
						107,919	900	108,819	113,906
9.	Other expenditure
						Unrestricted	Total Funds	Unrestricted	Total Funds
						Funds f	2022 f	Funds F	2021 F
	Assigned fees to Diocese					1,420	1,420	1,366	1,366
	Honoraria					4,500	4,500	3,726	3,726
						5,920	5,920	5,092	5,092
10.	Net (losses)/gains		on	investments
						Unrestricted	Total Funds	Unrestricted	Total Funds
						Funds f	2022 f	Funds f	2021 F
	Realised gains/losses			on	fixed asset
	investment					(21,756)	(21,756)	19,976	19,976

11.	Net (expenditure)/income	Net (expenditure)/income
	Net (expenditure)/income			is stated after		charging/(crediting):
								2022	2021
								E	E
	Depreciation	oftangible	fixed assets					356	356
12.	Independent	examination		fees
								2022	2021
								E	E
	Fees payable	to the independent			examiner		for:
	Independent	examination		ofthe	financial	statements		900	960

Staffcos	ts
The total	staff costs and	employee	benefits for the reporting	period are analysed as	follows:
				2022	2021
				E
Wages and salaries				20,946	18,310
Employer	contributions	to pension	plans	396	328
				21,342	18,638

15.	Tangible fixed assets
		Freehold	Fixtures and
		property	fittings	Pieta	Total
				E	E
	Cost,
	At 1 January 2022 and
	31 December 2022	109,295	6,226	34,767	150,288
	Depreciation
	At 1 January 2022		5,513		5,513
	Charge for the year		356		356
	At 31 December 2022		5,869		5,869
	Carrying amount
	At 31 December 2022	109,295	357	34,767	144,419
	At 31 December 2021	109,295	713	34,767	144,775
16.	Investments
					Listed
					investments
					f.
	Cost or valuation
	At 1 January 2022				174,215
	Additions
	Fair value movements				(21,755)
	At 31 December 2022				152,460
	Impairment
	At 1 January 2022 and 31 December 2022
	Carrying amount
	At 31 December 2022				152,460
	At 31 December 2021				174,215

The fixed asse Debtors	t investments have been valued at their	market value at the year end.
		2022	2021
		E
Trade debtors		4,212	4,337
Prepayments	and accrued income	6,224	5,989
		10,436	10,326

Creditors: amounts f	alling due within one year
		2022	2021
			E
Trade creditors		4,842	4,895
Accruals and deferred	income	960	1,033
		5,802	5,928

Unrestri	cted funds
					Gains and
		At1 Jan 22	Income	Expenditure	losses	At 31 Dec 22
		E	E	E	E
General	funds	364,120	89,608	(98,028)	(21,756)	333,944
					Gains and
		At 1 Jan 21	Income	Expenditure	losses	At 31 Dec 21
		E	E	E		E
General	funds	354,111	93,199	(103,166)	19,976	364,120

Restricted	funds
		At			Gains and	At
		1 Jan 2022	Income	Expenditure	losses	31 Dec 2022
		F	F	F	F	E
Bells fund		4,529	6			4,535
Charitable	donations
Old Church	fund	8,112		(885)		7,227
Youth 8 families worker			15,826	(15,826)
		12,641	15,832	(16,711)		11,762
		At			Gains and	At
		1 Jan 2021	Income	Expenditure	losses	31 Dec 2021
				E	E	E
Bells fund		4,277	252			4,529
Charitable	donations	2,567		(2,567)
Old Church	fund	9,548		(1,436)		8,112
Youth 8 families worker		2,529	9,300	(11,829)
		18,921	9,552	(15,832)		12,641

						Unrestricted	Unrestricted	Restricted	Total Funds
							Funds	Funds	2022
								E	E
	Tangible fixed assets						144,419		144,419
	Investments						152,460		152,460
	Current assets						42,867	11,762	54,629
	Creditors less than	1	year				(5,802)		(5,802)
	Net assets						333,944	11,762	345,706
						Unrestricted		Restricted	Total Funds
							Funds	Funds	2021
							F	E	E
	Tangible fixed assets						144,775		144,775
	Investments						174,215		174,215
	Current assets						51,058	12,641	63,699
	Creditors less than	1	year				(5,928)		(5,928)
	Net assets					364,120		12,641	376,761
22.	Financial instruments
	The carrying amount		for each category offinancial			instrument	is as follows
								2022	2021
									E
	Financial assets measured			at fair value through		income	and expenditure
	Financial assets measured			at fair value through	income and
	expenditure							152,460	174,215

	2022	2021
Income and endowments
Donations and legacies
Donations and gifts	49,674	59,157
Grants and donations	15,826	5,771
Gift aid	14,353	14,003
Legacies	1,602	5,000
	81,455	83,931
Charitable activities
Hire ofSt.Peter's	9,070	8,131
Fees and other income	8,440	5,114
Hire ofSt.James	1,554	1,286
	19,064	14,531
Investment income
Income from investments	4,921	4,289
Total income	105,440	102,751

Year ended 31	D	ec	em	ber 2022
Expenditure
Expenditure on charitable				activities
Promotion ofthe Church				within the Parish
Activities undertaken			directly
Staff costs					20,946	18,310
Pension costs					396	328
Recruitments costs					1,044
Ministry costs					1,006	1,477
Parish share					60,894	67,746
Cost ofservices					2,528	769
Charitable giving					223	2,103
St. Peter's running	costs				5,163	5,421
Properly maintenance					2,630	3,979
Church running expenses					2,570	1,846
Utilities					4,112	2,003
Insurance					4,159	3,940
Outreach					494	1,164
Choir and bellringers					256	1,438
Old Church					885	1,436
Bus					252	213
Depreciation					357	356
Professional fees						260
Sundry expenses					4	157
					107,919	112,946
Governance costs
Independent examination			fee		900	960
Expenditure on charitable				activities	108,819	113,906
Other expenditure
Assigned fees to Diocese					1,420	1,366
Honoraria					4,500	3,726
					5,920	5,092
Total expenditure					114,739	118,998
Net (losses)/gains	on	investments
Realised gains/losses		on fixed asset investment			21,756	(19,976)
Net (expenditure)/income					(31,055)	3,729