##
##
##
||Pa|
|---|---|
|Trustees Annual
Report 2023||
|Aims &Purposes||
|Objectives 8 Activities||
|Achievements
& Performance||
|Future Plans||
|Organisational
Structure||
|Treasurer's
Report|9|
|Auditor's
Report|13|
|Statutory Accounts|15|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|uring the period fro|uring the period fro|m
1 January 20|22 to|the date ofthis report|, the following|were members
ofthe P|CC:|
|---|---|---|---|---|---|---|---|
|ExOfficio:|||||Elected:|||
|Vicar Chair||Simon Winn||||Christine
Balls (until|May '22)|
|Curate||Tatiana
Kalveks (from July '22)||||Keith Ison (until May|'22)|
|Assistant|Pnest|Stephen
Nshimye||Kamegeri||Nigel Perks (until May '22)||
|Assistant|Priest|Patricia Mann|(until|Feb'22)||Deborah Sandringham|(until May '22)|
|Assistant|Priest|Faith Wakekng||||||
|Assistant|Priest|Robert Tobin|(from|Nov'22)||Simon Gallic (Treasurer)||
|Reader||Peter Kinnison||||Andrew
Lewis (Secretary from May '22)||
|Reader||David McEvoy||||||
|Reader||Richard
Mash|(from Oct '22)|||Frances Shaw||
|||||||Daisy Smith||
|Southwark||Carole Moses||||Alison Wood||
|Pastoral|Auxiliary|||||Karen Belton||
|||||||Nick Harvey||
|Churchwarden||Irene Bishop CBE||||Benjamin Crompton||
|Churchwarden||Malcolm
Raid||||Joyce Skeete (from May '22)||
|Deanery|Synod|Sue Corneck||||Arno Levin (from May '22)||
|Deanery|Synod|Wendy Foreman||||Victoria Ajoku (from May '22)||
|Deanery|Synod|Agnes Jones (Secretary to May 22)||||Elizabeth Sekweyama||
|Deanery|Synod|Eve-Mitleton-Kelly||(until May '22)||||
|Deanery|Synod|John Stanley||||||
##
##
##
##
##
##
##
|urred|against|that pr|oject during 2022.|||||
|---|---|---|---|---|---|---|---|
|||||2022|2021|2020|2019|
|COIF|Investment|Fund|Income Shares|||152,246|143,055|
|COIF|Ethical Investment||Fund Income Shares|152,120|173,686|||
|CBF|investmeni|Fund Income Shares||77,670|87,981|76,920|71,952|
|CBF|Global Equity Income Fund Shares|||267,286|310,685|267,367|224,638|
|CBF|UK Equity|Income|Fund Shares|173,427|216,345|183,900|189,025|
|M&G|Chanfund|Income|Units|162,572|172,162|162,498|196,608|
|||||833,074|960,859|842,931|825,278|
##
##
##
|Income||2022|2021
6|Movement
f|Change|
|---|---|---|---|---|---|
|Gift aid donations||113,827|104,728|9,099|9%|
|Non gift sid donations||36,250|22,754|13,496|59%|
|Total Donations||150,077|127,402|22,595|18%|
|Dividends
and Interest||28,302|27,236|1,066|4%|
|Rental Property|Income|101,011|91,176|9,835|I1%|
|Investment
Income||129,313|118,412|10,900|9%|
|Church
hire||30,108|29,162|946|3%|
|Hall & Nursery||27,576|14,723|12,853|87%|
|Concerts||18,964|6,670|i2,294|184%|
|Church and hall||76,648|50,554|26,093|52%|
|Ministry||10,342|14,704|(4,362)|-30%|
|Core Income||366,379|311,153|55,227|18%|
|Restritaed
Income||3,658|5,860|(2,202)|-38%|
|Wastelands|||145.000|(145,000)|1004|
|Other Grant Income (Coed)|||33,874|(33874)|100%|
|regacy||||||
|Total Incoiiie||370,037|495,887|(125,850)|-25'/|
##
||||||Actual|Actual|Movement|Movement|
|---|---|---|---|---|---|---|---|---|
||||||2022|2021|r.||
|Rental properly||expenses|||16,399|17,835|(1,436)|-8%|
|Concerts, events||&other income generating|||9,256|6,940|2,316|33%|
|Church maintenance|||||28,606|28,116|490|2%|
|Church
running|expenses||||36,980|34,210|2,770|8%|
|Hall maintenance||& repairs|||3,512|27,545|(24,033)|-87%|
|Hall running
expenses|||||8,939|7,373|1,565|21%|
|Administration|Office||staff|costs|35,152|39,127|(3,975)|-10%|
|Clergy
housing|& ministry|||expenses|16,073|34,322|(18,249)|-53%|
|Music and choir|||||23,338|19,806|3,532|18%|
|Church supplies|||||9,592|4,954|4,638|94%|
|Advertising|||||3,384|2,229|1,156|52%|
|Audit|||||6,305|5,812|492|8%|
|Office costs|||||21,731|14,671|7,060|48%|
|Depreciation|||||2,970|2,970||0%|
|Sundry costs|||||6,844|5,410|1,435|27%|
|Suh-Total Costs E|||ended||229 081|251 319|~22 238|-9%|
|Diocesan quota|||||135,280|133,940|1,340|1%|
|Total Costs||ended|||364 361|385259|~20 898|-5%|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
||||||||Unrestricted|Reslrtcled|Total|Unrestricted|Resbicted|Total|
|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||||||Fuiids|Funds|Funds|Funds|Funds|Full de|
||||||||2022|2022|2022|2021|2021|2021|
|||||||Note|8|6|F.|8|8|6|
|Income and Endowments||from:|||||||||||
|||||||2|||||||
|Donations
and legacies|||||||150,077|8,937|159,014|272,482|4,005|276,487|
|Chanlabie
actnrities|||||||85,629|(7.037)|78,592|98,894|133|99,026|
|Other Irading activities|||||||1,361||1,361|239||239|
|Investments|||||||129,313|1,758|131,071|118,412|1,722|120,135|
|Other income|||||||||||||
|Total income and endowments|||||||366,379|3,658|370,037|490,027|5,860|495,887|
|Expenditure
on:|||||||||||||
|Raising Furids|||||||25,937|2,390|28,327|24,775|4,008|28,783|
|Chantable
activities|||||||338,706|97,243|435.948|360,484|113,876|474,360|
|Other|||||||||||||
|Total expenditure|||||||364,643|99,633|464,276|385,259|117,884|503143|
|Net gains/(losses)|on investments|||Realised||||||12,732||12,732|
|Net gains/(losses)|on tnvestments|||Unreal/sed|||(117,742)|(10,043)|(127,785)|107,052|10,024|117,076|
|Gains/(losses)
on revaluation|||ofinvestment||properties||||||||
|Net Income|||||||f116,006)|(106,018)|(222,023)|224,551|(102,000)|122,551|
|Transfers
between|funds|||||10|(62,778)|62,778||(43,881)|43,881||
|Net movement
in funds|||||||(178,783)|(43,240)|(222,023)|180,670|(58,119)|122,551|
|Reconciliation
offunds:|||||||||||||
|Total funds brought
forward||at 1stJanuarr|||||6,051,265|112,305|6,163,570|5,870,595|170,424|6,041.019|
|Total Funds cerned|forward at 31December||||||5,872,482|69,065|5,941,547|6,051,265|112,305|6,163,570|
##
##
||||||2022||2021|
|---|---|---|---|---|---|---|---|
||||Note|||||
|Fixed Assets||||||||
|Land & property|for use by the PCC||4(a)|468,210||468,210||
|Investment
properties|||4(b)|4,445,000||4,445,000||
|Other tangible
fixed assets|||4(d)|5,693||8,663||
|Securities|||5|833,074||960,859||
||||||5,751,977||5,882,731|
|Current assets||||||||
|Debtors|||12|31,922||176,524||
|Short term deposits|||6|3,280||3,265||
|Cash at bank and||in hand||186,135||189,436||
|||||221,337||369,224||
|Current
liabilities||||||||
|Amounts
falling due within one year|||13|(31,767)||(88,385)||
|Net current assets|||||189,570||280,839|
|Net assets|||||5,941,547||6,163,570|
|Funds||||||||
|Unrestricted||||||||
|- Designated||||5,203,328||5,309,993||
|—Undesignated||||669,154||741,272||
|Total unrestricted|||||5,872,482||6,051,265|
|Restricted|||||69,065||112,305|
|Total funds|||||5,941,547||6,163,570|
##
##
##
##
|)
income|)
income||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
|Voluntary
income and capital sources|||||||||||
||Collections are recognised
when received
by or on behalf of|||the PCC;|||||||
||Planned
giving receivable
under
Gift Aid etc. is|recognised|only when received;||||||||
||Income Tax recoverable
on covenants
or Gift Aid donations|||is recognised
when||the income is probable;|||||
||Grants and legacies to the PCC are accounted|for as soon|as the PCC is notified of its legal entitlement||||||and||
||the amount
due,||||||||||
||Receipts from fundraising
events are accounted|for gross;|||||||||
||For CJRS grant income, the income is recognised
in the penod to which the||||underlying||furloughed|staff|costs||
||relate to||||||||||
||Sales ofguidebooks
and other items to visitors|to the church||are accounted|for|gross.|||||
|Other ordinary
income|||||||||||
||Income from the letting ofthe church and the church
hall is||recognised
when||the rental||is due with|the|||
||exception
ofthe hall hire for children's
parties that is recognised
when received.||||||||||
|income from investments|||||||||||
||Dividends
and interest are accounted
for when|receivable.|Tax recoverable||on|such income is recognised||||in|
||the same accounting
year;||||||||||
||Rental income from investment
property
is recognised
when|||the rent is due.|||||||
|Gains|and losses on investments||||||||||
||Realised gains or losses are recognised
when|investments|are sold;||||||||
||Unrealised
gains or losses are accounted
for on revaluation|||of investments|at 31stDecember.||||||
|c)|Expenditure||||||||||
|Grants|||||||||||
||Grants and donations
are accounted
for when|paid over, or|as soon as outflow|||ofeconomic benefit||is|||
||probable
for example when a grant is awarded|(ifthat award||creates a binding||obligation|on the PCC).||||
|Activities directly relating to the work of||the church|||||||||
||The diocesan quota or parish share is accounted
for when payable. The quota|||||is paid for in ten equal direct|||||
||debit instalments
and is paid
in full dunng the financial year||||||||||
##
##
##
##
##
##
##
##
##
|Inc|ome|and Endowm|ents|from:||||||
|---|---|---|---|---|---|---|---|---|---|
|||||2022|2022|2022|2021|2021|2021|
||||Note|E|6|6|6|E|6|
|Donations
&Legacies||||||||||
|Gift aided
Donations||||91,015||91,015|86,809||86,809|
|Income tax recoverable||on gift aided donations||22,812||22,812|I7,829||\7,820|
|Collections (open|plate)|at ag services||0,911||8,911|217||217|
|Sundry donations||||27,340|8,037|36,277|167,537|4,005|171,542|
|I.egaaes|||14|||||||
|||||150,077|8,037|159,014|272,482|4,005|276,487|
|Charitable
activities||||||||||
|Church
&church|hall lettings|||65,228||65,228|37.391||37,391|
|Car parking||||11,420||11,420|13,163||13,163|
|Weddhng
and other fees||||8,981||8,981|14,468||14.466|
|Grants|||||||33,874||33,874|
|Other Fundraising|||||(7,0371|(7,037)||133|133|
|||||85,629|(7,037)|78,592|98,894|133|99,026|
|Other trading
activities||||||||||
|Income from fundraising||events||1,361||1,361|239||230|
|||||1,361||1,361|239||230|
|Investments||||||||||
|Bank &other interest||||30|15|53|I|||
|Dividends||||28,265|1,743|30,007|27,236|1,722|28,957|
|Rental income||||101,011||101,011|91,176||91,176|
|||||129,313|1,758|131,071|118,412|1,722|120,135|
|Total income and|endowments|||366,379|3,658|370,037|490,027|5,060|495,887|
##
##
##
##
|||||||Unrestncted|Restricted|TOTAL|Unrestnxded|Restncted|TOTAL|
|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||Funds|Funds|FUNDS|Funds|Furiri s|FUNDS|
|||||||2022|2022|2022|2021|2021|2021|
||||||Note|0|2|9|2|2||
|Raising funds||||||||||||
|Rentalproperly
expenses||||||16,399||16,399|17,035||17,835|
|Concerts, events and||other income generating||acbv tes||9.256|2.390|11,646|6,940|4.000|10,948|
|Shop cost of salsa||||||203||283||||
|||||||25,937|2,390|20,327|24,775|4,00e|20,703|
|Charitable
activities||||||||||||
|Diocesan quota|||||15|135.280||135,280|133,940||133,940|
|Church maintenance||8 restoraten|||16,17|28,606|36,667|65,272|28,116|46,577|74,693|
|Church
running
expenses||||||36,900||36,900|34,210|270|34,408|
|Hall maintenance|8 repairs||||16|3,512||3,512|27,545||27,545|
|Hail running
expenses||||||8,939||0,939|7,373||7,373|
|Adminetration
staff costs||||||35152|47,317|02,470|39,127|54,935|94,062|
|Clergy housing
&|ministry||expenses|||16,073||16,073|34,322||34,322|
|Music arid choir||||||23335||23,330|19,006||19,000|
|Church supplies||||||9,592|I 402|10,994|4,954|1 267|6,221|
|Advertising||||||3,304|4634|8,010|2,229|4,162|6,390|
|Audit||||||6,305||6,305|5,012||5,012|
|Offtce costs||||||21,731|113|21,844|14,671|229|14,900|
|Depredation|||||4td)|2,970||2,9TO|2,970||2,970|
|Chantable
Giv ng,|Grants|||||205|7 110|7,315|1,519|6,429|7,940|
|Sundry costs||||||6639||0,639|3,891||3,891|
|||||||330,706|97.243|435,940|360,404|113,t!76|474,360|
|Total Expenditure||||||364,643|99,633|464,276|305,259|117,004|503,143|
##
##
##
##
##
##
|ctd|||||
|---|---|---|---|---|
||||2022|2021|
|Cost or esimated||market value|||
|At lslJanuary
Addrtrorrs|||468,210|468,210|
|Revalualrons|||||
|Drsposals|||||
|At 31st December|||468,2io|468,210|
|Comprisrng.
Church
hall and nursery
Caretakers
cottage|||168,210
125,000|168,210
125,000|
|Car park area|||100,000|100,000|
|Old mortuary
burldrng|||75,000|75,000|
||||468,210|468,210|
||||2022|2021|
||||6|5|
|Cost or esttmated|market value||||
|At 1st January|||4,445,000|4,445,000|
|Addrtrons|||||
|Revaluatrons|||||
|At 31stDecember|||4,445,000|4,445,000|
|Compnsing|||||
|7 St Alfege Passage|||1,170,000|1,170,000|
|8 St.Alfege Passage|||1,120,000|1,120,000|
|10St.Alfege Passage|||1,170,000|1,170,000|
|11 St Alfege Passage|||885,000|885,000|
||||4,445,000|4,445,000|
||||2022|2021|
||||6|6|
|Cost|||||
|At 1st January|||7,725|7,725|
|Addltlohs|||||
|At 31stDecember|||7,725|7,725|
|Accumulated
Deprematlon|||||
|At 1st January|||7,725|7,725|
|Depreciation
for the||year|||
|At 31stDecember|||7,725|7,725|
|Net gook Value|||||
|At 1stJanuary|||||
|At 31stDecember|||||
##
##
|||||||||2022|2021|
|---|---|---|---|---|---|---|---|---|---|
|||||Cost||||||
|||||At 1stJanuaiy||||31,435|31,435|
|||||Additions||||||
|||||At 31st December||||31,435|31,435|
|||||Accumulated||Depreciation||||
|||||At 1st January||||22,773|19,803|
|||||Depreciation|for the year|||2,970|2,970|
|||||At 31st December||||25,743|22,773|
|||||Net Book Value||||||
|||||At 1st January||||8,663|11,633|
|||||At 31st December||||5,693|8,663|
|5
Securities||||||||||
|5(a)
Equities||||||||2022|2021|
|||||COIF Ethical Investment|||Fund Income Shares|152,120|173,686|
|||||CBF Investment||Fund Income Shares||77,670|87,981|
|||||CBFGlobal Equity Income Fund Shares||||267,286|310,685|
|||||CBF UK Equity|Income||Fund Shares|173,427|216,345|
|||||M&G Charifund||Income|Umts|162,572|172,162|
|||||||||833,074|960,859|
|5(b)
Total Securities||||||||2022|2021|
|Reconmliation
ofthe opening
and
closing market values of
securities. COIF Chanty
Investment
Fund holdings
were||||Market value at 1st January
Additions
Disposals, at cost||||8
960,859|8
842,931
163,828
(175,708)|
|sold in 2021 and|all proceeds|||Gain on disposal|||||12,732|
|were immediately|re-invested||into|Revaluations||||(127,785)|117,076|
|COIF Ethical Charity
Investment||||Market value at||31st December||833,074|960,859|
|Fund holdings||||||||||
|5(c)
Securities: current assets and fixed assets||||||||||
|Reconoliation
of|the opening||and|||||2022|2021|
|closing market values of||||||||||
|securities. COIF|Charity|||||||8||
|Investment
Fund|holdings|were||Fixed assets||||833,074|960,859|
|sold in 2021 and|all proceeds|||Current assets||||||
|were immediately|re-invested||into|||||833,074|960,859|
|COIF Ethical Charity
Investment||||||||||
|Fund holdings||||||||||
##
##
##
||||||||||||||||2022|2021|
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||||||||||||||2|2|
|||||||Central|Board||ofFinance ofthe Church|||of|England||3,280|3,265|
||||||||||||||||3,280|3,265|
|7|Gains on||revaluation||or disposal||||||||||||
|||||||Uoragtriotad|||Restricted||TOTAL||Uoraatnctad||Ragtnctad|TOTAL|
||||||||Funds|||Foitd|FUNDS|||Funds|Fund|FUNDS|
|||||||||2022||2022|2022|||2021|2021|2021|
||Analysis|ofchanges|In the period||||||||||||||
||Investment|properties|||||||||||||||
||Nett gain|(-logo) on gacuntiaa||||(117,742)|||(10,043)||(127,735)|||IO7,052|10,024|117,07S|
||Nat
gain|(-logo) on revaluations/||Ctapoaalg||(It7, 742)|||(10,043)||(127,7SS)|||107,052|10,024|117,07S|
|8|Analysis||of net|assets||by fund|||||||||||
||||||Unrestricted|||Restricted|||Total|Unrestricted||Restricted||Total|
|||||||Funds|||Funds|Funds|||Funds||Funds|Funds|
|||||||2022|||2022||2022||2021||2021|2021|
||Land &|Buildmgs||||468,210||||468,210|||468,210|||468,210|
||Fixtures,|Fittings &|Equipment|||5,693|||||5,693||8,663|||8,663|
||Investment
Property||||4,445,000|||||4,445,000|||4,445,000|||4,445,000|
||Securities|||||771,222|||61,852|833,074|||888,964||71,895|960,859|
||Current|Assets||||213,524|||7,213|220,737|||278,059||91,165|369,224|
||Current|Liabilities||||(31,167)||||(31,167)|||(37,631)||(50,754)|(88,385)|
||Fund balances||||5,872,482||||69,065|5,941,547|||6,051,265||112,305|6,163,570|
##
##
##
##
##
|me is|accu|mulate|d
until an a|ppropriate
requir|ement
for rep|air arises.||||
|---|---|---|---|---|---|---|---|---|---|
|||||Current|Securities|Total|Current|Securities|Total|
|||||Assets||Assets|Assets||Assets|
|||||2022|2022|2022|2021|2021|2021|
|||||6|6|6|6|E|E|
|Smith Trust|||||61,652|61,652||71,895|71,895|
|Restoration||Appeal|Fund||||35,039||35,039|
|Chancel|Fund|||1,157||1,157|1,142||1,142|
|Grants||||607||807|807||807|
|Charity|Collections||Held|5,246||5,248|3,421||3,421|
|Total Restricted Funds||||7,213|61,652|69,065|40,410|71,895|112,305|
##
##
|~Ch|it 9|II
ti|. Th bi|. Th bi|fbh
ilfCllbi
h|fbh
ilfCllbi
h|d|3
t|th|I|3
II|td
bhlf|t|th|h
~|
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|such as Lent Call, Christian
during the year. The current||||Aid, 999
balance|Club and other charities supporting
the
is primanly
from Christmas
collections|||||homeless.
and will be||A8 funds are distributed
distributed
in 2023.|||regularly|
|9(b)||Unrestricted||funds||||||||||||
||||||General|Designated||Total|||General|Designated|||Total|
||||||Purposes|Funds|Unrestricted|||Purposes||Funds||Unrestricted||
|||||||||Funds|||||||Funds|
||||||2022|2022||2022|||2021|2021|||2021|
||||||6|||||||E||||
||Land &Buildings||||466,210|||466,210|||466,210||||468,210|
||Fixtures,|Fittings &Equipment|||5,693|||5,693|||8,663||||8,663|
||Investment|Property||||4,445,000||4,445,000||||4,445,000||4,445,000||
||Development
Costs|||||||||||||||
||Securities||||63,056|668,166||771,222|||94,133|794,831|||868,964|
||Current Assets||||140,962|72,562||213,524|||205,498|72,562|||278,059|
||Current
Liabilities||||(28,767)|(2,400)||(31,167)|||(35,231)|(2,400)||(37,631)||
||||||669,154|5,203,328||5,872,482|||741,272|5,309,993||6,051,265||
##
##
|||||Arnold
Bequest|Woodyard
Sale
Proceeds|Woodyard
Sale
Proceeds|||Lowe
Bequest|Lowe
Bequest|Total
Demgnated
Funds|Total
Demgnated
Funds|||Arnold
Bequest|Woodyard
Sale
Proceeds|Woodyard
Sale
Proceeds||Lowe
Bequest|Total
Designated
Fuilds|Total
Designated
Fuilds|
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||||2022||2022||||2022||2022|||2021||2021||2021||2021|
|||||E||6||||||E|||5||6||E||5|
|Land &Buildings||||||||||||||||||||||
|Futures,
Fittings & Equipment||||||||||||||||||||||
|Invsslmenl
Progeny||||4,445,000|||||||4,445,000|||4,445,000||||||4,445,000||
|Development
Costs||||||||||||||||||||||
|Secunbes||||146,734||462,432||||79,001||686,166|||167,534|543,636|||83,661||794,831|
|Current Assets||||2,400||70,162||||||72,562|||2,400|70,162|||||72,562|
|Current
Liabilities||||(2,400)||||||||(2,400)|||(2,400)||||||(2,400)|
|Long Term Liabilities||||||||||||||||||||||
|||||4,59i,734||532,594||||79,001|5,203,328|||4,612,534||613,798|||83,661|5,309,993||
|LLBL
t:rh
a wish that it be used|||tggg
tttg
th
to 'assist the music|||Pcc
at the|h it
d
said Church'.||||t
t
th
i
di
'
tgt
The income received
from the||||||g
fund's|h
|'it
assets is|g
considered||
|to be a contribution||by|the fund to the||considerably|||greater annual||||cost of|maintaining|||music|in the|church and|||is not|
|separately
reported||in|these|finanaal|statements.|||||||||||||||||
|10
Analysis||offund movements
during||||||||the year||||||||||||
|||Balance|Income &|Expenditure|Transfers|Unrealised|Balance|
|---|---|---|---|---|---|---|---|
|||I Jan '22|Realised|||Gains/|31 Dec 22|
||||Gains/|||(Losses)||
||||(Losses)|||||
|Fund||||||||
|Unrestncted
Funds||||||||
|General Purposes|Fund|741,273|340,595|(364643)|(36,993)|(11,078)|669,153|
|Arnold Bequest||4,612,534|4,579||(4,579)|(20,800)|4,591,734|
|Woodyard Sale Proceeds||613,796|16,744||(16744)|(81,204)|532,594|
|Lowe Bequest||83,661|4,462||(4,462)|(4,660)|79,001|
|Total Unrestricted|Funds|6,051,265|366,379|(364,643)|(62,778)|(117,742)|5,872,482|
|Restricted
Funds||||||||
|Chanty Collections|Held|3,421|8,937|(7,110)|||5,248|
|Smith Trust||71,895|1,743||(1,743)|(10,043)|61,852|
|Grants - restricted||807|||||807|
|Chancel
Fund||1,142|15||||1,157|
|Restoration
Appeal||35,039|(7,037)|(92,523)|64,520|||
|Total Restricted|Funds|112,305|3,658|(99,633)|62,778|(10,043)|69,065|
|||6,163,570|370,037|(464.276)||(127,785)|5,941,547|
##
##
##
|||Balance|Income &|Expenditure|Transfers|Unreslised|Balance|
|---|---|---|---|---|---|---|---|
|||1 Jan
'21|Realised|||Gains/|31Dec21|
||||Gains/|||(Losses)||
||||(Losses)|||||
|Fund||||||||
|Unrestricted
Funds||||||||
|General Purposes|Fund|668,566|465,597|(385,259)|(19,041)|11,409|741,273|
|Arnold Bequest||4,591,853|15,526||(4,353)|9,508|4,612,534|
|Woodyard
Sale Proceeds||537,615|16,084||(16,084)|76,182|613,798|
|Lowe Bequest||72,560|5,551||(4,403)|9,952|83,661|
|Total Unrestricted|Funds|5870 595|502,758|(385,259)|(43,881)|107,052|6,051,265|
|Restricted
Funds||||||||
|Charity Collections|Held|5,638|4,005|(6,429)|207||3,421|
|Smith Trust||61,871|1.722||(1,722)|10,024|71,895|
|Grants - restricted||807|||||807|
|Chancel
Fund||1,142|||||1,142|
|Restoration
Appeal||100,966|133|(111,455)|45,396||35,039|
|Total Restricted|Funds|170,424|5,860|(117,884)|43,881|10,024|112,305|
|||6,041,019|508,618|(503,143)||117,076|6,163,570|
##
##
##
##
##
|11(b)
PCC employees
and their|emolume|nts||||
|---|---|---|---|---|---|
|Clergy are paid by the diocese and are||||Number of|Full time|
|not PCC employees.
The PCC employs||||employees|equivslen|
|part-time
administrators
including
a|Function|||||
|Volunteer
Manager. The Heritage|Administration||||1.7|
|Engagement
Administrator
left during
2022 and is not included
in the 5|Music snd|Concert|Management||04|
|employees
reported
for 2022. A new||||5|2.1|
|Volunteer
Manager
continuing
post the||||||
|NLHF has been recruited
and will||||||
|commence
employment
in 2023.These||||2022|2021|
|employees
have employment
contracts||||8|8|
|and their emoluments
are subject to
deductions
of PAYE and NIC. The table|Gross salaries|||91,701|85,889|
|on the nght shows the total cost to the|Employer|Pension|contributions|1,697|1,651|
|PCC of employing
them.
No employees|Employer's|National|Insurance|1,686|6,522|
|received employee
benefits,
excluding||||95,085|94,062|
|employer
pension,
of more that F60,000.||||||
##
|received e
employer
11(c)|mployee
benefits,
excluding
pension,
of more that F60,000.
Related party transactions|mployee
benefits,
excluding
pension,
of more that F60,000.
Related party transactions|mployee
benefits,
excluding
pension,
of more that F60,000.
Related party transactions|mployee
benefits,
excluding
pension,
of more that F60,000.
Related party transactions|mployee
benefits,
excluding
pension,
of more that F60,000.
Related party transactions|mployee
benefits,
excluding
pension,
of more that F60,000.
Related party transactions|||||95,085|94,062|
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|Payments|totalling E1,652 (2021:F1,537)were made to two trustees|||||||relating|to|music and|payments
totalling|F9,806|
|(2021 F12,183)were made,||||by way of|payroll, to two trustees
for administrative|||||activities.|No other trustees|or Key|
|Management
Personnel
received expenses. F908was paid to two members
and f375was paid towards
clergy retreat and spintual
direction.
No amounts|||||||||ofthe clergy
were paid to||for travel and subsistence
any other PCC members||
|or related|parties for travelling,
subsistence|||||or any other out ofpocket||expenses||in 2022.|||
|12||Debtors|||||||||||
||||||||||||2022|2021|
||||||||||||F.|f|
|||||||Prepayments|||||5,475|6,221|
|||||||Gift Aid Reclaim|||||7,780|6,229|
|||||||Rental Deposit|||||2,400|2,400|
|||||||HLF Grant||||||132,539|
|||||||Other Debtors|||||16,266|29,135|
||||||||||||31,922|176,524|
|13||Liabilities: amounts|||falling due within one||year||||||
||||||||||||2022|2021|
||||||||||||E||
|||||||Rental Property|Deposit||||2,400|2,400|
|||||||Accrued Expenses|||||8,390|63,108|
|||||||Provisions|||||||
|||||||Taxation and somal security|||||7,157|7,157|
|||||||Deferred
Income|||||4,579|4,287|
|||||||Sundry Creditors|||||9,241|11,434|
||||||||||||31,767|88,385|
##
##
##
##
||||||From Unrestricted|From Restncted|TOTAL|TOTAL|
|---|---|---|---|---|---|---|---|---|
||||||Funds|Funds|EXPENSE|EXPENSE|
||||||||2022|2021|
||||||||6|6|
|Hall|||||3,512||3,512|27,545|
|Church|||||||||
|Restoration||Appeal||||36,667|36,667|46,577|
|Heating|||||2,274||2,274|2,616|
|Electncsl|||||3,644||3,644|2,151|
|Roof 8|Floor|||||||1,050|
|Other,|incl.|organ|&|sound|21,322||21,322|19,301|
|Tower|snd|clock|||647||647|2,164|
|Churchyard|||||720
32 118|36667|720
~68784|835
102238|
|Funded
by;|||||||||
|PCC General||Purposes||fund|15,374||15,374|39,577|
|Woodyard|||||16,744||16,744|16,084|
|Restoration|Appeal|||||36667|36,667|46 577|
||||||32,118|36,667|68,784|t02 238|
##
##
##
##
|The St.Alfege Fund: Charity
nu|The St.Alfege Fund: Charity
nu|mber 279741.|mber 279741.|mber 279741.|mber 279741.|mber 279741.|mber 279741.|mber 279741.||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|All the trustees ofthis long-established
clear yearly income towards the upkeep||registered
charity are PCC members
and repair ofthe fabric ofthe church|||||||and the charity's objects are 'to apply the
and subiect thereto towards
the|||||
|maintenance
ofservices
in the church and maintenance
to be invested
in accumulation
shares for 45 years from||||||of its furniture'.
3rd December||Under the scheme, most ofthe fund was required
1971.This requirement
has expired. Although
it is||||||
|a separate
legal entity, for all practical purposes||||the charity|||is like an endowment|||fund ofthe PCC. The PCC includes|||the|
|assets, liabikties
and financial
activities||of|the charity||in the financial statements|||||ofthe PCC by way ofa note to the||||
|accounts.||||||||||||||
|||||||||||2022||2021||
||Balance Sheet|||||||||||||
||Securities|||||||||||||
||29,493COIF Investment
Fund|accumulation|||shares|||132,087||||||
||7,550COIF Investment
Fund income shares|||||||20,663||||||
|||||||||||152,750||169,872||
||Cash and short-term
deposits|||||||||||||
||Bank deposits|||||||3,385||||||
|||||||||||3,385||2,740||
||Creditors|||||||||||||
||PCC|||||||||||||
|||||||||||156,135||172,611||
||Statement of Financial Activities|||||||||||||
||Income:|||||||||||||
||Dividends|||||||||645||613||
|||||||||||645||613||
||Expenditure.|||||||||||||
||Grant to PCC StAlfege|||||||||||(145,000)||
||Net income before investment
gains|||||||||645||(144,387)||
||Gains on investments|||||||||||||
||Unreslised
gains (-losses) on revaluation|||||||||(17,122)||24,555||
||Net gains/(losses)
on investments:||Realised|||||||||14,168||
||Net income|||||||||(16,477)||(105,664)||
||Balances b/f 1stJanuary|||||||||172,611||278,275||
||Balances c/d 31stDecember|||||||||156,135||172,611||