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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|
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|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|||||
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||||||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|
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|||||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|
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|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|
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|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|
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|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|
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|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|
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|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|
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|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|
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|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|
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|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|
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|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|
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|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|
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|||||||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|
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||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|
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|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|