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|Trustees'
Report||Pages|2 - 10|
|---|---|---|---|
|Independent
Examiner's|Report|Page|11|
|Statement of Financial|Activities|Page|12|
|Balance Sheet||Page|13|
|Notes to the Financial Statements||Pages|14 - 24|
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|PCC members
who h|ave served at any time from 1January|2022 until the date|of|this re|port are:|
|---|---|---|---|---|---|
|ExOfficio members||||||
|Incumbent:|*Revd Mike Smith|||||
|Associate Vlcars:|*Revd Penny Cuthbert|ReVd RaChel
ROSS||Smith|(from Oct 2022)|
|Curates:|Revd Andy Storch|Rev Catherine|Radcliffe||(from June 2022)|
|Lay Readers:|Phil Blackburn|*Anthony
Wisdom||||
|Churchwardens:|*Jeyasingh John Samuel|Francis Serjeant||||
||*Peter Stratton|Bridget Cumming||Bruce|(to 8 May 2022)|
||David Spencer|Sally Harlow||||
|Elected members||||||
|Deanery Synod:|Ralph Taylor|'Peter Stratton||||
|(from 2020 for 3years)|Jacquie Kavanagh|Richard
Purkis||||
|Lay Representatives:
StJohn:|t~tM« t:|St Peter:||||
|Ann Deane|Jane Reason|Jonathan
Wheeler||||
|Toni Smith|Anne Taylor|Jenny Harrison||||
|Sarah Smith||Pat MaCgregar|(from May||2022)|
|Co-opted members|(ifnot already members)|||||
|Treasurer:|*Richard Larkin|||||
|Secretary:|*Caroline Smith|||||
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|||||2022||2021|
|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total|Total|
|||Notes|Funds|Funds|Funds|Funds|
|INVESTMENTS|||||||
|Investment|Property|4a||1,380,000|1,380,000|1,330,000|
|Unit Trusts||4b|714,931|309,946|1,024,877|963,871|
||||714,931|1,689,946|2,404,877|2,293,871|
|CURRENT ASSETS|||||||
|Debtors and|prepayments|6|12,622|5,366|17,988|34,152|
|Shortterm
deposits||4c|164,413|227,932|392,345|523,527|
|Cash at bank|and in hand|4d|131,475|24,223|155,698|198,604|
||||308,510|257,521|566,031|756,283|
|CREDITORS:|||||||
|AMOUNTS
FALLING DUE|||||||
|WITHIN ONE YEAR|||(25,620)|(8,206)|(33,826)|(32,107)|
|NET CURRENT ASSETS|||282,890|249,315|532,205|724,176|
|NET ASSETS|||997,821|1,939,261|2,937,082|3,018,047|
|FUNDS|||||||
|Unrestricted|||997,821||997,821|632,906|
|Restricted||||1,939,261|1,939,261|2,385,141|
||||997,821|1,939,261|2,937,082|3,018,047|
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|2|INCOME|INCOME|||||||
|---|---|---|---|---|---|---|---|---|
||||||Unrestricted|Restricted|Total|Funds|
||||||Funds|Funds|2022|2021|
||||||f|f|f|f|
|2a.|Income|from Donations|and|Legacies|||||
||Planned|Giving with Gift Aid|||117,601||117,601|115,501|
||Income|Tax refund|||30,097||30,097|31,561|
||Planned|Giving - Non Gift|Aid||2,932||2,932|3,466|
||Collections (open plate) at services||||5,312||5,312|1,682|
||Sundry donations
&Transfers|||ln|26,493|204|26,697|23,114|
||Grants from Church
House||||10,000||10,000|7,950|
||Legacies||||6,000||6,000|376,200|
||||||198,435|204|198,639|559,474|
|2b.|Other voluntary
income||||||||
||Fundraising
&Appeals||||3,252|1,960|5,212|6,093|
||Charitable
Collections||||2,797||2,797|2,239|
||External|Grants|||5,133||5,133|8,053|
||||||11,182|1,960|13,142|16,385|
|2c.|Income|from investments|||||||
||Dividends
and interest||||14,196|8,644|22,840|12,671|
||Rent||||30,780|42,160|72,940|77,524|
||Church|House lettings etc.||||396|396|4,491|
||||||44,976|51,200|96,176|94,686|
|2d.|Income|from other Trading Activities|||||||
||Church|Fete|||9,044||9,044||
||Income|from CDs/guides|etc||754||754||
||Church|Lettings|||17,430||17,430|21,132|
||Fees||||4,925||4,925|6,700|
||Other incomings
(St P &St M|||Bells)||1,436|1,436|1,497|
||||||32,153|1,436|33,589|29,329|
||TOTAL INCOME||||286,746|54,800|341,546|699,874|
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|3|EXPENDITURE|||||||Unrestricted|Restricted|TotalFunds||
|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||||Funds|Funds|2022|2021|
|||||||||f|f|f|f|
|3a.|Donations|||||||||||
||Missionary
and charitable||giving:|||||||||
||Home|||||||4,622||4,622|3,000|
||Overseas|||||||3,139||3,139|1,051|
||Transfer between
unrestricted||||to restricted|||1,315||1,315|8,780|
||Expenditure
withdrawn|from||restricted|||funds|||||
||Church Fete donations|direct||to||churches||135||135||
||Church
House Grants|(Note 1)|||||||15,422|15,422|12,750|
|||||||||9,211|15,422|24,633|25,581|
|3b.|Activities directly relating||to|the work||||||||
||ofthe Church|||||||||||
||Ministry: Diocesan quota|||||||114,174||114,174|114,174|
||Ministry: Diocesan rebate|||||||(3,460)||(3,460)|(6,419)|
||Clergy expenses,
Inc training|||8|retreats|||2,395||2,395|1,396|
||Incumbent's
Expenses|||||||1,554||1,554|1,154|
||Church
running
expenses|||||||46,920||46,920|40,113|
||Church maintenance|||||||24,143||24,143|39,287|
||Fresh Expressions
Ik community|||||work||1,867||1,867|99|
||Youth Work|||||||24,121||24,121|20,428|
||St Peters Re-ordering|expenses|||||||24,995|24,995|579|
||St P Ik ST M bell tower|costs|||||||1,087|1,087|1,654|
||Upkeep ofservices|||||||33,100||33,100|9,536|
|||||||||244,814|26,082|270,896|222,001|
|3c.|Fund-raising
and publicity|||||||3,861||3,861|917|
|3d.|Church management|and|administration|||||15,736||15,736|17,340|
|3e.|Costs ofParish property|||||||5,083|24,226|29,309|34,611|
||Professional
Fees|||||||3,292|60|3,352|14,698|
|||||||||8,375|24,286|32,661|49,309|
||TOTAL EXPENDITURE|||||||281,997|65,790|347,787|315,148|
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|NOTES TO THE FINANCIAL STATEMENTS|NOTES TO THE FINANCIAL STATEMENTS|NOTES TO THE FINANCIAL STATEMENTS||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|For|ibe year ended 31December 2022(cont/d)|||||||||||||||||
||||||||||2022||2022||Restricteti|||TOTAL||
|ea.|Freehold Investment
Property (cnt/d)|||||6aIn /||Loss||Sale|||2022|||2022|2021|
||(Restrkted)|||||||||Proceeds|||E|||E|f|
||6 Gosbrook Road|||||||||||0|180,000|||180,000|180,000|
||Church
House|||||||||||0|600,000|||600,000|600,000|
||25 llkley Road|||||||||||0|600,000|||600,000|550,000|
||51Galsworthy
Drive (sold In 2021)|||||||||||0|||0|0|0|
||||||||||||||1@80,000|||1,380,000|1,330,000|
|4b.|Investments
(Note 1/|||||Unrestrkted||||||||||2022|2021|
|||||||Undesignated||||Designated||||||Total|Total|
||||||||f|||E||||||f|E|
|St Peter's Church||||||||||||||||||
||Balmore
Hall Fund||||||||||||184,244|||184,244|208,703|
||8924shares
In CCLA Investment||Fund|||||||||||||||
||at E20.6459(2021:623.3867)|||||||||||||||||
||St Peters Reserve|||||||||||||||||
||6383Acc shares ln CCLA Investment|||Fund|||338,360|||||||||338,360|150,457|
||at E53.0082(2021:2579shares||(PE58.3233)|||||||||||||||
|St Margaret's
Church||||||||||||||||||
||Badger Bequest||||||||||||2,663|||2,663|3,017|
||129shares
In CCLA Investment|Fund||||||||||||||||
||at E20.6459(2021:f23.3867)|||||||||||||||||
||Church Fabrk Fund|||||||||||||||||
||1203.18(2021
'.1169.46) shares|in||||||||24,841||||||24,841|27,350|
||CCLA Investment
Fund|||||||||||||||||
||at620.6459(2021:E23.3867)|||||||||||||||||
||Miscellaneous
Fund|||||||||||||||||
||266.34shares
In CCIA Investment|||Fund||||5,499||||||||5,499|6,229|
||at E20.6459(2021:E23.3867)|||||||||||||||||
|Caversham
Parochial
Fund||||||||||||||||||
||CTM Parish Reserve||||||346,231|||||||||346+31|446,397|
||16770Inc shares
In CCIA Investment||||Fund|||||||||||||
||at 620.6459(2021 19088shares||Gr F23.3867)|||||||||||||||
||NB:This account was created
by the|||sale of 51Galsworthy|||Drive In 2021.As there||||are no||restrictions|on|the|use ofthis capital||
||the account has been moved from|||Restricted to||Unrestricted|||in the|2022 accounts||-see Parish Properties||||report for )ustigcatlon||
|Church
House||||||||||||||||||
||Haslam
Bequest Maintenance
Reserve||||||||||||54,|192||54,192|59,626|
||1022.34 shares
In|||||||||||||||||
||CCLA Investment
Fund|||||||||||||||||
||at E53.0082(2021:f58.3233)|||||||||||||||||
||Church House Resenre||||||||||||68,847|||BREST|62,092|
||3344.65(2021:2655.02) shares|In||||||||||||||||
||CCIA Investment
Fund|||||||||||||||||
||at E20.6459(2021:623.3867)|||||||||||||||||
||TOTAL INVES7MENT VALUE||||||690,090|||24,841|||309,946|||1,024,877|963,871|
|||||||||||Unrestricted|||Restricted|||TOTAL 2022|2021|
||Market Value at 1January 2022 (Property)||||||||||||1,330,000|||1430,000|1,755,000|
||Market Value at 1January 2022 (excproperty)|||||||||184,035|||779,835|||963,870|309,932|
||Income Reinvested||||||||||726|||||726|684|
||Gain/ Lass on property
revaluation|||||||||||||||50,000|1,750|
||Gain/(loss)excluding
Income relnvested|||||||||(86,227)|||(38,492)|||(124,719)|81,029|
||New Investments|||||||||220,000||||||235,000|165,000|
||Less Transfer ofCTM Parish Reserve||to Unrestricted|||||||446,397|||(446,397)|||||
||Less Withdrawals|||||||||(50,000)||||||||
||Less Galswarthy
sale costs (2021)||||||||||||||||(13,250)|
||Less transfer out for CH maintenance|||||||||||||||||
||Market Value at 31December|||||||||714,931|||1,689,946|||2,454,877|2,293,870|
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|4c.|Short Term Deposits|Short Term Deposits||||||||
|---|---|---|---|---|---|---|---|---|---|
||||||Unrestricted||Restricted|2022|2021|
||||||Undesignated|Designated||Total|Total|
||||||f.|f||f.|E|
|i.|StPeter's Church|||||||||
||CBFDeposit A/c|- Legacy Fund||||4,056||4,056|4,004|
||CBFDeposit A/c|- Peter Shock Estate|||||1,460|1,460|1,441|
||Barelays
High Interest A/c - St Peter' s||||||19,793|19,793|41,024|
||Church Appeal|||||||||
||CBFDeposit A/c|- Keith Drow Fund|||||1,091|1,091|1,077|
||CBFDeposit A/c|- Balmore|Hall||||74,154|74,154|67,733|
||Fund "Income"|||||||||
||Barclays High Interest A/c-||St. Peter' s||13,931|||13,931|236,915|
||GeneralFund|||||||||
||Bellringers
NS& I|Investment|A/c||||40,625|40,625|40,587|
||||||13,931|4,056|137,123|155,110|392,781|
|li.|Church House|||||||||
||NatWest "Society Reserve||A/c"||||54,520|54,520|54,402|
||CBFDeposit A/c|- Church
House||Reserve|||30,107|30,107|54,402|
||||||||84,627|84,627|54,402|
|iii.|St Margaret's
Church|||||||||
||Barclays Deposit|A/c - Tower Appeal|||||1233|1233|1,232|
||CBF Deposit A/c- Fabric Fund|||||3,687||3,687|3,639|
||CBF Deposit A/c|- Miscellaneous||Fund|16,200|||16,200|16,200|
||||||16,200|3,687|1,233|21,120|21,071|
|iv.|Caversham
Parochial
Fund|||||||||
||CBF Deposit A/c|—Prop Maint Reserve A/C||||116,624||116,624|20,494|
||Barclays Deposit|A/C|||9,915|||9,915|29,894|
||||||9,915|116,624||126,539|50,388|
|vi.|Held for Caversham
Group||Ministry|||||||
||CBFDeposit A/c- Nash Memorial|||||||||
||Fund- Capital||||||1,166|1,166|1,166|
||Income||||||3,783|3,783|3,719|
||||||||4,949|4,949|4,885|
||TOTAL SHORT TERM DEPOSITS||||40,046|124,367|227,932|392,345|523,527|
||TOTAL UNRESTRICTED|||||164,413||||
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||||||2022|2021|
|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total|Total|
||||f|f|f|f|
|Caversham
Parochial||Fund|10,005||10,005|14,770|
|Caversham
Parochial||Fees A/c|4,045||4,045|5,586|
|Church
House||||17,523|17,523|49,458|
|Fete Account|||781||781|401|
|StPeter's Church|||11,443||11,443|29,086|
|StMargaret's|Church||27,125||27,125|18,761|
|StJohn's Church|||78,076||78,076|74,191|
|Bellrlngers:|||||||
|St Peter||||1,561|1,561|1,393 Note 1|
|St Margaret||||5,139|5,139|4,958|
||||131,475|24,223|155,698|198,604|
|Other bank accounts operated
in the Parish,
but not included
balances at31December 2021are detailed
below:-|in these Financial Statements,|togeth|er
with their|
|---|---|---|---|
||2022||2021|
||f||f|
|StPeter's choir|1,124||1,449|
|StPeter's refreshments||||
|StPeter's flowers||104|281|
|Church
House rent Deposit Account|13,103||13,103|
##
||Including
al|lowance f|or|Debtors &C|reditors||||||
|---|---|---|---|---|---|---|---|---|---|---|
|||||||Church|Balmore|Bellrlngers|Other|TOTAL|
|||||||House s|Hell|51M &Stp|Funds||
|||||||f|f|f|f||
||Balance brought forward 1January||||2021|829,804|276,436|46,938|1,231,963|2,385,141|
||Changes to|Property|Valuation||||||50,000|50,000|
||Income||||||||||
|||Rents received||||42,556||||42,556|
|||Dividends|and Interest|||2,067|6,421|37|119|8,644|
|||Other Income||||||1,437|2,164|3,601|
||Expenditure||||||||||
|||Property||||(24,286)||||(24,286)|
|||St P &St M Bells +St P Reordering||||||(1,087)|(24,995)|(26,082)|
|||Grants Issued||||(15,422)||||(15,422)|
||Transfers between
funds||||||||(446,397)|(446,397)|
||Gains on Investments|||||(13,679)|(24,459)||(354)|(38,492)|
|||df||d|d||||||
|||||||s Includes
Haslam|Bequest Funds||||
|6|DEBTORS & PREPAYMENTS||||||||||
|||||||2022|2022|2022|2021||
|||||||Unrestricted|Restricted|TOTAL|TOTAL||
|||||||f|f|f|f||
||Income Tax|Recoverable||||4,787||4,787|5,751||
||Debtors and Pre-payments|||||7,835|5,366|13,201|28,401||
||Rent Arrears||||||||||
|||||||12,622|5,366|17,988|34,152||
|7|CREDITORS: AMOUNTS|||DUE WITHIN|ONE YEAR||||||
|||||||2022|2022|2022|2021||
|||||||Unrestricted|Restricted||||
|||||||f|f|f|f||
||Accruals and Deferred Income|||||25,620|7,563|33,183|28,844||
||Unpresented|Church|I-louse cheques||||643||||
|||||||25,620|8,206|33,183|28,844||
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