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2022-12-31-accounts

incumbent (and PCC Chair): Revd Dr Jonathan
Rowe (from 16June 2022)
Revd Dr Jonathan
Rowe (from 16June 2022)
Assistant Priest: Revd Mary Copping
(until 31October 2022)
Associate Priest Revd Canon Professor Liz Stuart
Churchwardens, StMatthew' s: Mike Russell-Smith
Dick Wilkinson
Churchwardens, St Paul's: Bill Lucas (Vice-Chair)
Christopher
Seaman
Representatives Representatives on the Deanery Synod: Vicky Scott (from 23 May 2022)
Elected members ofthe PCC: Stephen
Adam (from 23 May 2022)
Helen Chambers
Kathleen
Freeman
Alexa Heady
Talia Hedstrom
Jonathan
Jesty (until 23 May 2022)
Keith Jones
Sandra Lewis
Linda Russell-Smith
Natha lie Schulz (PCC Secretary)
Vicky Scott (until 23 May 2022)
Co-opted members ofthe PCC: Vicki Tibbitts (until 9 March 2022)
Attends meetings: Tim Stannard
(Chair of Finance Committee
and PCC
Treasurer)

General Designated
Unrestricted Unrestricted Restricted Total Total
Notes funds
f
funds
f
funds
f
2022
f
2021
f
INCOME
Donations,
grants and legacies
Income from charitable
activities
Income from other trading
activities
Investment
income
198p796
19,472
34,560
2,841
1,157
6,375
39
975
199,992
20,447
34,560
9,216
228,258
17,373
20,307
2,590
Total Income 3 255,669 7,532 1,014 264,215 268,528
EXPENDITURE
Expenditure
on charitable
activities
277,348 24,891 1,000 303,239 302,739
Total expenditure 4 277,348 24,891 1,000 303,239 302,739
NET INCOME / (EXPENDITURE) (21,679) (17,359) 14 (39,024) (34,211)
BEFORETRANSFERS
TRANSFERS BETWEEN FUNDS
NET INCOME / (EXPENDITURE)
BEFORE OTHER GAINS / (LOSSES) (21,679) (17,359) 14 (39,024) (34,211)
GAINS / (LOSSES) ON INVESTMENT ASSETS (11,803) (30,112) (41,915) 27,232
NET MOVEMENT
IN FUNDS
(33,482) (47,471) 14 (80,939) (6,979)
FUND BALANCES AT 1 JANUARY 2022 145,279 527,058 17,974 690,311 697,290
FUND BALANCES AT 31DECEMBER 2022 11 111,797 479,587 17,988 609,372 690,311

2022 2021
Notes E E E
FIXED ASSETS
Tangible assets 19,683 39,363
CURRENT ASSETS
Debtors 8 22,251 7,911
Investments 9 254,023 336,040
Cash at bank and in hand 327,796 332,761
604,070 676,712
CREDITORS: amounts falling
due within one year 10 (14,381) (25,764)
NET CURRENT ASSETS 589,689 650,948
NET ASSETS 609,372 690,311
FUNDS 11-13
Unrestricted:
Designated 479,587 527,058
Other unrestricted 111,797 145,279
591,384 672,337
Restricted 17,988 17,974
TOTALFUNDS 009,322 690,311

3 INCOME Unrestricted Restricted Total Tota I
funds funds 2022 2021
f f f f
Donations,
grants and legacies
Regular giving 132,227 132,227 127,040
Collections 5,316 5,316 2,306
Envelopes 15
Donations 26,720 26,720 55,123
Legacies 5,373
Gift aid 32,747 39 32,786 37,522
Grant income 2,943 2,943 879
199,953 39 199p992 228I258
Income from charitable
activities
Parochial fees 6,532 6,532 4,642
Parish & Family Activities income 2,804 2,804 250
Miscellaneous Sales income 42 42 109
Magazine
subs
676 676 1,068
Hire St Pauls Preschool 9,091 9,091 7,864
St Paul's flowers income 75 75
TOGS income 252 252 313
Friends Subscription income 975 975 1,390
Friends Event income 1,737
19,472 975 20,447 17,373
Income from other trading activities
Magazine
adverts
1,068 1,068 1,146
Facilities Hire 17,204 17,204 7,879
Hire Florian Dance School 4,508 4,508 500
Parking 11,780 11,780 10,782
34,560 34p560 20,307
Investment
income
Interest 533 533 24
Dividends 8,683 gp683 2,566
9,216 9,216 2,590
TOTAL INCOME 263,201 1,014 264,215 268,528

4 EXPENDITURE Unrestricted Restricted Tota I Tote I
funds funds 2022 2021
CHARITABLE ACTIVITIES f f f f
Raising funds
Fundraising
costs
Friends expenditure
Expenditure
on charitable
activities
Diocesan Common
Mission
fund 143,596 143,596 133,305
Parochial
Fees - Diocesan Share
2,325 2,325 1,328
Parish & Family Activities expenditure 2,953 2,953 1,317
Printing,
postage and stationery
6,125 6,125 5,290
Computer
running
expenses
2,182 2,182 1,683
Insurance 5,517 5,517 5,279
Admin
salaries
36,214 36,214 41,310
Working costs 12,576 12,576 7,236
Maintenance
and refurbishment
14,589 14,589 17,998
Cleaning
and gardening
7,584 7,584 7,174
Utilities 18,311 18,311 12,044
Music 4,577 4,577 3,445
Professional
fees
2,250 2,250 1,980
Youth &Children's
work expenditure
14,931 14,931 17,308
Mission giving 6,600 6,600 10,525
Other giving (Riley Bequest) 1,000 1,000
St Matthews
Flowers expenditure
50 50 115
St Pauls Flowers expenditure 704 704 634
Hospitality
expenditure
1,059 1,059
Building for Life expenditure (273) (273) 14,888
Bank charges 689 689 198
Depreciation 19,680 19,680 19,682
302,239 1,000 303,239 302,739
Total expenditure 302,239 1,000 303p239 302~739

NOTES TO TH E ACCOUNTS FOR THE YEAR ENDED 31DECEMBER 2022
5 GRANTS
2022 2021
6
USPG 1,000 1,500
CMS 1,000 1,500
Other regular giving 4,600 7,525
6,6011 10,525
Amounts collected on behalf ofother charities this year were as follows:
St Martins in the Fields Appeal 198
Trinity Centre 251
Children's Society 270
Dementia UK 115
636 198
6 EMPLOYED STAFF COSTS AND NUMBERS
Salaries and wages 53,239 64,486
Employer's Nl costs
55,451 66,696

7 TANGIBLE ASSETS
Church Fixtures and IT Total
organ Fittings Equipment
f f f
COST
At beginning
ofyear
14,990 43,071 6,980 65,041
Additions
At end ofyear 14,990 43,071 6,980 65,041
DEPRECIATION
At beginning
ofyear
8,994 14,357 2,327 25,678
Charge 2,998 14,356 2,326 19,680
At end ofyear 11,992 28,713 4,653 45,358
NET BOOK VALLIE
At end ofyear 2,998 14,358 2,327 19,683
At beginning
ofyear
5,996 28,714 4,653 39,363
8 DEBTORS 2022 2021
Other debtors 8,494 5,997
Prepayments
and accrued income
13,757 1,914
22,211 7,211
9 INV E ST
M ENTS
f
Market value ofinvestments at 1January 2022 336,040
Investment
disposals
(42,638)
Loss on disposal (6,126)
Dividends
reinvested
2,536
Loss on revaluation ofinvestment assets (35,789)
Market
value of investments
at 31December 2022 254,023
10 CREDITORS: amounts falling due within one year 2022 2021
f f
Trade creditors 1,762 2,938
Taxation and social security 124 496
Agency collections 198
Accrua Is 9,069 17,939
Deferred
income
3,426 4,193
14,381 25,764

Balance at Transfers Balance at
1January between 31December
2022 Income Expenditure funds 2022
f f f f f
Restricted
funds
Children's
Work
11,099 11,099
Riley Bequest 1,000 (1,000)
Friends ofSt Matthew with St Paul 5,475 1,014 6,489
St Matthew' s 400 400
17,974 1,014 (1,000) 17,988
Designated funds
Capital
Fund
39,363 (19,680) 19,683
Building for Life 1,185 1,165 273 2,623
Scott Bequest 486,510 6,367 (35,596) 457,281
527,058 7,532 (55,003) 479,587
Unrestricted funds 145,279 255,669 (289,151) 111I797
Tota Ifunds 690,311 264,215 (345,154) 609,372

Balance at Transfers Balance at
1January between 31December
2021 Income Expenditure funds 2021
f f f
Restricted funds
Children's
Work
11,099 11,099
Riley Bequest 1,000 1,000
Friends ofSt Matthew with St Paul 2,173 3,302 5,475
St Matthew' s 400 400
13,671 4,302 17,974
Designated funds
Capital Fund 59,045 (19,682) 39,363
Building for Life 15,652 431 (14,898) 1,185
Scott Bequest 464,949 21,561 486,510
539,646 21,992 (34,580) 527,058
Unrestricted funds 143,972 269,466 (268,159) 145,279
Total funds 697,290 295,760 (302,739) 690,311

13 ANALYSIS OF FUNDS Other
Restricted Designated unrestricted Total
funds funds funds 2022
Fund balances as at 32 December 2022 are represented by: E f f f
Tangible fixed assets 19,683 19,683
Investments 210,286 43,737 254,023
Other current assets 17,988 252,618 79,441 350,047
Current
liabilities
(3,000) (11,381) (14,381)
17,988 479,587 111,797 609,372
Other
Restricted Designated unrestricted Total
funds funds funds 2021
Fund balances as at31 December 2021are represented by; E f f E
Tangible fixed assets 39,363 39,363
Investments 240,398 95,642 336,040
Other current assets 30,518 247,297 62,857 340,672
Current
liabilities
(12,544)
17,974
527,058 (13,220)
145,279
(25,764)
690,311

Unrestricted Designated Restricted Total
funds funds funds 2021
E E E E
INCOME
Donations,
grants and legacies
222,272 4,796 1,190 228,258
Income from charitable
activities
14,261 3,112 17,373
Income from other trading activities 20,307 20,307
Investment
income
793 1,797 2,590
Total income 257'633 6i593 4j302 268'528
EXPENDITURE
Expenditure
on charitable
activities
268,159 34,580 302,739
Total expenditure 268,159 34,580 302,739
NET (EXPENDITURE) /INCOME (10526) (27(987) 4 302 (34i211)
BEFORE TRANSFERS
TRANSFERS BETWEEN FUNDS
NET (EXPENDITURE) / INCOME
BEFORE OTHER GAINS/(LOSSES) (10,526) (27,987) 4,302 (34,211)
GAINS ON INVESTMENT ASSETS 11'833 15,399 27,232
NET MOVEMENT
IN FUNDS
1,307 (12,588) 4,302 (6,979)
FUND
BALANCES AT 1JANUARY 2021
143,972 539,646 13,672 697,290
FUND BALANCES AT31DECEMBER 2021 145i279 527 058 17p974 690i311