2022-12-31-accounts - The Parochial Church Council Of The Ecclesiastical Parish Of St John The Baptist, Croydon

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Annual Report					3- 8
	Reference and administrative			information	3
2.	Structure governance	and management.			3 —5
	2. 1 PCC (Trustee) responsibihoes
	2.2 PCC (Trustee) appoinonents
	2.3 PCC Committees
	2.4 Pubhc benefit
3.	Achievements and performance				5-7
	3. 1 Our Mission
	3.2 Worship and Prayer
	3.3 PCC Review ofthe Year
4.	Financial review
5.	Charttable grants
6.	Investment policy
7.	Reserves policy
8.	Risk assessment and exposures
9.	Plans for the furure
10.	Independent examiner
Independent examiner's			report
Statement offinancial		activities			10
Statement offinancial		activities (2021 comparatives)
Balance sheet					12
Cash flow statement					13
Notes to the Financial		Statements			14 —23
	Accounring pohcies				14 —15
2	Income				16
3	Expendirure				17
4.	Staff costs				IS
5.	Tangible fixed assets (for		use	by the PCC)	IB
6.	Fixed asser. investments				19
7.	Debtors				19
8.	Short term deposits				19
9.	Creditors				19
10.	Analysis of net assets	by	fund		20
	Fund movements (mcluding			descriptions)	21 —22
12.	Vicar and churchwardens'		trusts		23
13.	Capital commitments				23
14.	Transacoons with members			of the PCC	23
15.	Post balance sheet event				23

Locations and		Croydon Minster			St George's	Church Centre	Church Centre	Church Centre
addresses for		Church Street			Barrow Road
correspondence		CROYDON CRO IRN			WADDON	CRO	4EZ
Independent	Examiner	Michael L Mamn	FCA
		Lloyd & Co, Chartered		Accountants
		103/I OS Baghton	Road
		COULSDON
		Surrey CRS 2NG
Bankers		Naoonal Westminster		Bank pic	Nauonal Westminster			Bank pic
		I High Street			I High Srreet
		CROYDON CR9 IUY			CROYDON	CR9	I UY
Architects		Abiett Archicects	Ltd		Howard Fairbairn		MHK Architeas
		Kingfisher House			Lambourn House
		21-23 Elmfieid Road			Redlands,
		Bromiey			Co u la don
		BRI ILT			CRS 2HT

						Unrestricted	Restricted	Endowment
						funds	funds	funds
					Note	6
Income
Voluntary	income				2a	174,309	57,665		231,974	406,547
Actiwties for		generating	funds		2b	19,448	100		19,548	44,252
Income from		investments			2c	26,117	2,448		28,565	17,888
Church activities					2d	25,180	13,612		38,792	42,348
Other ordinary incoming				resources	2e				947	958
						246,001	73,S25		319,826	511,993
Expenditure
Fund-raising		costs				1,566			1,566	1,985
Church actwities					3b	230,713	60,971		291,684	522,959
						232,279	60,971		293,250	524,944
Net Income						13,722	12,854		26,576	(12,951)
Other recognised gains and losses
investment		revaluations						(11,498)	(11,498)	12,286
Net movement		in funds				13,722	12,854	(11,498)	15,078	(665)
Accumulated	funds brought			forward		32,612	108,325	97,876	238,814	239,479
Accumulated	funds cerned			forward	11	46,334	121 179	86,380	253,892	238,814

				Unrestricted funds	Restricted funds	Endowment funds	Total 2021
			Note	E	6	F.
income
Voluntary income			za	160,363	246,184		406,547
Activities	for generating	funds	2b	17,438	26,814		44,252
Income	from investments		2G	15,521	2,367		17,888
Church	activities		2d	26,653	15,695		42,348
Other ordinary incommg		resources	2e	958			958
				220,933	291,060		511,993
Expenditure
Fund-raising costs			3a	1,985			1,985
Church	activities		3b	222,449	300.510		522,959
				224 434	300510		524 944
Net Income				(3,501)	(9,450)		(12,951)
Other recognised gains and losses
Investment revaluations						12,286	12,286
Net movement ln funds				(3,501)	(9,450)	12,286	(665)
Accumulated	funds brought	forward		36,113	117,775	85,592	239,479
Accumulated	funds carried	forward		32.612	108325	97,878	238 814

						2022	2021
Operating Activities
Net income/(expenditure)						15,078	(665)
Adlustment for:
Investment Revaluation defimt/(surplus)						11,498	~12,286
						26,576	(12,951)
Decrease in debtors						12,497	14,323
Increase/(decrease)	in creditors					7,057	(37,380)
Cash generated/(utilised)	by	operating		actiwties		46,130	~36,008
Net cash generated/(utilised)
Cash generated/(utilised)		by	operating		activities	46,130	(36,008)
Cash and short term	deposits		at 1	January 2022		128,361	164,369
Cash and short term	deposits		at 31 December 2022			174,491	128,361

2	Income
				Unrestricted	Restricted		Total 2022	Total
				funds	funds			2021
2a	Vo/untary income
	Planned giving			72,225			72,225	73,045
	Service collections			18,725			18,725	6,553
	Sundry donations	and appeals		9,997	2,544		12,541	11,273
	Income tax recoverable			22.036	1,404		23,439	27,059
	Grants			46,325	53,717		100,043	288,617
	Legaoes			5,000			5,000
				174,309	57,665		231,974	406,548
2b	Activities for generating		funds
	Fund-raising events			6,015		100	6.115	35,411
	Bookstall							3
	Car parking			13,433			'I3,433	8,838
				19,448		100	19.548	44,252
2c	Income from investments
	Rental Income			25,685			25,685	15,353
	Dividends and interest			432	2,447		2 879	2,535
				26,117	2,447		28,564	17,888
2d	Church activities
	Church and hail lettings			6,607			6,607	15,184
	Weddings/funerals	fees		16,622			16,622	11,127
	Parish magazines			1,200			1,200	342
	Other church activities			751	13,612		14,362	15,695
				25,180	13,612		38,791	42,348
2e	Other ordinary incoming		resources
	Sundry income			947			947	958
				947			947	958
	Total income			246,001	73,824		319,825	511,994

3	Expenditure
				Unrestricted	Restricted		Total	Total
				funds	funds		2022	2021
3a	Generating funds costs
	Cark park
	Fund raising events			1.566			1,566	1,985
				1,566			1.566	1,985
3b	Church activities
	Missionary and chantable		giving
	Grants			816			816	421
	Ministry costs.
	Diocesan pansh contribution			91,684			91,684	96,263
	Other clergy costs			8,033	2,544		10,577	4,832
	Church runmng expenses			31,135			31,135	33,479
	Church maintenance			2,604	26,726		29,330	278, 'I 56
	Other church activities			1,D70			1,070	392
	Worship expenses			1,596			1,596	1,110
	Choir and music			38,293	25,627		63,920	42,487
	Sunday school costs					929	929	1,141
	Church hall running	costs		(682)			(682)	11,594
	Pansh Magazine			501			501
	Staff Saianes			32,272	5,000		37,272	33,627
	Wedding/funeral fees			6,578			6,578	5,622
	Office costs			11,325		145	11,470	9,538
	Independent examination			5.490			5,490	4.298
				230,713	60,971		291,684	522,961
	Total Expenditure			232,279	60,971		293,250	524,946

Staff costs
	2022	2021
	E	E
Salaries {inclservice fees)	44,795	34.910
Pension costs	1,060	1,217
	45,855	36,127
Salary costs ofE(9,962 (2021 -E16,987)were grant funded.

Tangible fixed assets (for use by the PCC)
	Freehold
	land and
	buildings
	E
Cost
At 1 January 2022 and
at31 December2022	16,280
Depreciation
At 1 January 2022	13,691
Charge for the year
At 31 December 2022	13,691
Net book value
At 31 December 2022	2,589
At 31 December 2021	2,589

6	Fixed asset	investments	investments
								2022	2021
	At 1 January	2022						97,878	85,592
	Revaluation	(deficit)/surplus		in the	year			(11,498)	12.286
	At 31 December 2022							86,380	97,878
	Represented	by'
	Church of England		CBF investment		Fund	units
	Day and Sunday		School	Fund (1,879 units)			(note 11.4)	38.795	43,945
	Choir Scholarship		Fund	(2,103units)			(note 11.5)	43,430	49,196
								82,225	93,141
	COIF Charities Ethical Investment				Fund	units:
	Battersbee	Fund	(1,516	units)			(note 11.8)	4,155	4,737
								86,380	97,878
7	Debtors
								2022	2021
	Income tax	recoverable						5,637	13,698
	Other debtors							13,850	20,780
	Prepayments							5,444	2,950
								24,931	37,428

Analysis of net assets by fund				At
CURRENT YEAR	Unrestricted	Restricted	Endowment	31-Dec-22
	funds	funds	funds	Total
	6	5		6
Tangible fixed assets	2,589			2,589
Fixed asset investments			86,380	86,380
Debtors	24,932			24,932
Short term deposits		43,737		43,737
Cash atbank	53,312	77,441		130,753
Creditors due within one year	(34,499)			(34,499)
Net assets	46,334	121,178	86,380	253,892

10AAnalysis	of net	assets	assets	by fund				At
COMPARATIVE		INFORMATION			Unrestricted	Restricted	Endowment	31-Dec-21
					funds	funds	funds	Total
						6	E
Tangible	fixed assets				2,589			2.589
Fixed asset investments							97,878	97.878
Debtors					24,960	12,468		37,428
Short term deposits						43,685		43,685
Cash at	bank				27,743	56,933		84,676
Creditors	dus vnthm		one	year	(22,680)	(4,762)		(27,442)
Net assets					32,612	108,324	97,878	238,814

Fund movements CURRENT YEAR
		Note	At	Movement		in resources		At
		ref	1-Jan-22	Incoming	Outgoing		Transfers	31-Dec-22
						E
Unresrncted (General) funds
Croydon Minster St George' s, Waddon		11.1 11 2	22,315 10,298	218,109 27,892		(212,077) (20,202		28,347 17,988
			32,613	246,001		232,279		46,334
Resrncted
Fabncfund		11 3	66,399	30,942		(26,726)		70,616
Day and sunday Choir scholarship Fnends of music	school	11 4 11.5 11 6	9,502 6,317 10,415	1,155 1,293 14,990		(929) (4,572) (21,055)		9,727 3,037 4,350
Croydon Sings' St George' s, Waddon		11 7 11.2	15,692	18,900 6,544		(5,145) 2,544		13,756 19,692
			108,326	73824		60,971		121,178
Endowment
Day and sunday Choir scholarship Battersbee	school	11.4 11.5 118	43,945 49,196 4,738			(5,150) (5,767) 582		38,795 43,429 4 156
			97,879			11,499		86,380
Total funds			238,818	319,825		304,748		253,892

				Note	At
				ref	1-Jan-21
Unresrncled	(General)		funds
Croydon Minster				11.1	23,193
St George'	s, Waddon			11.2	12,920
					36,113
Restricted
Fabnc fund				11 3	67,555
Day and sunday		school		114	9,527
Choir scholarship				11 5	7,826
Fnends of	music			11 6	14,174
Choral education				11.8	5,000
St George'	s, Waddon			11 2	13,691
					117,774
Endowment
Day and sunday		school		1 1is	38,420
Choir scholarship				11.5	43,011
Battersbee				119	4,161
					85,592
Total funds					239,479

Movement	Movement	in resources	in resources	At
Incoming	Outgoing		Transfers	31-Dec-21
6		6
190,679		(196,557)	5,000	22,315
25,254		27,876		10,298
215,933		224,433	5,000	32,612
274,680		(275,836)		66,399
1,117		(1,142)		9,502
1,249		(2,758)		6,317
17,013		(20,772)		10,415
			(5,000)
2,000				15,691
296,059		300,508	5,000	108,324
5,525				43,945
6,185				49,196
577				4,738
12,286				97,878
524,278		524,941		238,814

	2022	2022	2021
	E		E
Endowment capital: (Market values)
Caroline and Eliza Day Bounty
(Charities Ethical Investment	Fund-
9,667.38 Income shares)	26,496		30,255
Sarah Ann Huntingford Chanty
(Charities Ethrcai Investment	Fund-
295,34 income shares)		809	925
	27,305		31,180
Income in fiIe year		851	809
Expenditure in the year
Net income		841	739
Accumulated income.
Al 31 December 2022 (note 9)	14,252		13,411
Income is received into the PCC bank account and treated as being held on the trusts' behalf, and		from which
disbursements are made.