2023-12-31-accounts - The Parochial Church Council Of The Ecclesiastical Parish Of St.mary West Acklam Middlesbrough

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Contents ofthe Financial Statements	Contents ofthe Financial Statements
f r h arEnded31I3ecem	r 02
			Page
Report ofthe Trustees		1	to	3
Independent Examiner's Report
Statement of Financial Activities
Balance Sheet
Notes to the Financial Statements		7	to	13

		for	the Year En	d 3 December	2023
						2023	2022
				Unrestricted	Restricted	Total	Total
				fund	funds	funds	funds
			Notes		6	5	8
INCOME AND ENDOWIIIIENTS FROM
Donations and legacies				54,813		54,813	47,200
Charitable activities
Fees for weddings, baptisms		and funerals		4,764		4,764	4,503
Income from fundraising				2,398		2,398	1,537
Investment income				11,210	6,541	17,751	9,898
Other income					116,336	116,336
Total				73,185	122,877	196,062	63,138
EXPENDITURE ON
Raising funds
Raising donations and legacies				6,500		6,500	8,840
Investment management	costs			2,094		2,094	1,817
				8,594		8,594	10,657
Charitable activities
Church activities				52,812		52,812	64,163
Church hall restoration							9,186
Other				109		109	115
Total				61,515		61,515	84,121
NET INCOME/(EXPENDITURE) Transfers between funds			16	11,670 L352,768)	122,877 352,768	134,547	(20,983)
Net movement in funds				(341,098)	475,645	134,547	(20,983)
RECONCILIATION OF FUNDS
Total funds brought forward				530,260	17,687	547,947	568,930
TOTAL FUNDS CARRIED FORWARD				189,162	~493332	682,494	547,947

				2023	2022
		Unrestricted	Restricted	Total	Total
		fund	funds	funds	funds
	Notes	9	F
FIXEDASSETS
Tangible assets	12	74,147		74,147	443,002
CURRENT ASSETS
Debtors	13	46,954		46,954	16,795
Investments	14		530,925	530,925
Cash at bank and in hand		73,536	1,767	75,303	90,824
		120,490	532,692	653,182	107,619
CREDITORS
Amounts falling due within one year	15	(5,475)	(39,360)	(44,835)	(2,674)
NET CURRENT ASSETS		115,015	493,332	608,347	104,945
TOTAL ASSETSLESSCURRENT	LIABILITIES	189,162	493,332	682,494	547,947
NET ASSETS		189,162	493,332	682,494	547,947
FUNDS	16
Unrestricted funds				189,162	530,260
Restricted funds				493,332	17,687
TOTAL FUNDS				682,494	547,947

CHARITABLE ACTIVITIES COSTS
	Direct		Support
	Costs (see	Mission	costs (see
	note 9)	giving f	note 10) f	Totalsf
Church activities	35,412	717	16,683	52,812
DIRECT COSTS OF CHARITABLE ACTIVITIES
			2023	2022f
Trustees'expenses Upkeep ofservices			3,074 1,091	2,898 959
Free will offering			30,000	30,000
Church flower costs				201
Depreciation			1,247	10,365
			35,412	44,423

SUPPORT COSTS
						Management f	Finance f	Totals
Investment management			costs			2,094		2,094
Other resources expended							109	109
Church activities						16,683		16,683
						18,777	109	18,886
Support costs, included		in	the above, are as follows:
							2023	2022
				Investment	Other
				management	resources	Church	Total	Total
				costs f	expended f	activities f	activities F	activities f.
Church light, heat and water						5,781	5,781	7,743
Church insurance 41 Ambleside Grove costs Management fees-				1,122		3,747	3,747 1,122	2,695 877
Ambleside Grove				972			972	940
Postage, stationery	and
copying						570	570	358
Church maintenance Bank charges					109	6,585	6,585 109	17,176 134
				2,094	109	16,683	18,886	29,923

ended 31 December 2	022.						y
Trustees' expenses
						2023	2022
						F
Trustees' expenses						3,074	2,898
TANGIBLE FIXEDASSETS
				41	Church	Fixtures
		Church	Ambleside		Hall	and
		Hall		Grove E	Renovation f	fittings	Totals f
COST
At 1 January 2023		352,768		72,663	137,770	9,135	572,336
Additions Disposals		~352,768)			~137,770)	1,080 ~968)	1,080 ~491,506)
At 31 December 2023				72,663		9,247	81,910
DEPRECIATION
At 1 January 2023					121,850	7,484	129,334
Charge for year Eliminated on disposal					~121,850)	1,246 ~967)	1,246 ~122,817)
At 31 December 2023						7,763	7,763
NET BOOK VALUE
At 31 December 2023			72,663			1,484	74,147
At 31 December 2022		352,768	72,663		15,920	1,651	443,002
41 Ambleside Grove is	currently	used as an investment		asset.
DEBTORS:AMOUNTS	FALLING DUE WITHIN		ONE	YEAR
						2023	2022
							E
Prepayments and accrued income						46,954	16,795
CURRENT ASSET INVESTMENTS
						2023	2022
						8	E
Diocesan board offinance						530,925

15.	CREDITORS	: AMOU	NTS FA	LLI	NG DUE WITHIN ONE YEAR
							2023	2022
							E	8
	Accruals and	deferred	income				44,835	2,674
16.	MOVEMENT	IN FUNDS
						Net	Transfers
						movement	between	At
					At 1.1.23 6	in funds f	funds	31.12.23 f
	Unrestricted	funds
	General fund				530,260	11,670	(352,768)	189,162
	Restricted funds
	Youth group				1,767			1,767
	Church hall restoration		fund		15,920		(15,920)
	Church hall fund					122,877	368,688	491,565
					17,687	122,877	352,768	493,332
	TOTALFUNDS				547,947	134,547		682,494
	Net movement	in funds, included			in the above are as follows:
						Incoming	Resources	Movement
						resources	expended	in funds
						8		6
	Unrestricted	funds
	General fund					73,185	(61,515)	11,670
	Restricted funds
	Church hall fund					122,877		122,877
	TOTAL FUNDS					196,062	~61,515)	134,547
	Comparatives	for movement		in	funds
						Net	Transfers
						movement	between	At
					At 1.1.22	in funds	funds	31.12.22
						8		E
	Unrestricted	funds
	General fund				537,955	(10,836)	3,141	530,260
	Restricted funds
	Youth group				1,678	89		1,767
	Church flowers				727	(201)	(526)
	Church hall restoration fund Friends ofSt Mary's Fund				25,106 3,464	(9,186) ~849)	~2,615)	15,920
					30,975	~10,147)	~3,141)	17,687
	TOTALFUNDS				568,930	~20,983)		547,947

Comparative net move	men	t in funds, included in th	e above ar	e as follows:
				Incoming	Resources	Movement
				resources	expended	in funds
				8		8
Unrestricted funds
General fund				63,038	(73,874)	(10,836)
Restricted funds
Youth group				100	(11)	89
Church flowers Church hall restoration fund Friends ofSt Mary's Fund					(201) (9,186) (849)	(201) (9,186) (849)
				100	(10,247)	(10,147)
TOTAL FUNDS				63,138	(84,121)	(20,983)
A current year 12 months		and prior year 12months	combined	position is as follows:
				Net	Transfers
				movement	between	At
			At 1.1.22	in funds	funds	31.12.23
			6	8	E
Unrestricted funds
General fund			537,955		(349,627)	189,162
Restricted funds
Youth group			1,678	89		1,767
Church hall restoration	fund		25,106	(9,186)	(15,920)
Church hall fund				122,877	368,688	491,565
			26,784	113,780	352,768	493,332
TOTAL FUNDS			568,930	113,564		682,494
A current year 12 months		and prior year 12 months	combined	net movement	in funds, included	in the above are
as follows:
				Incoming	Resources	Movement
				resources	expended	in funds
						8
Unrestricted funds
General fund				136,223	(135,389)	834
Restricted funds
Youth group Church hall restoration Church hall fund	fund			100 122,877	(11) (9,186)	89 (9,186) 122,877
				122,977	(9,197)	113,780
TOTAL FUNDS				259,200	(145,636)	113,564