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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|
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|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||||
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|||||||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|
##
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|||||||Notes|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|
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|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|
##
|4|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|
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|10|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|
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||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.||||
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