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|||Page|
|---|---|---|
|Charity information||1|
|Trustees'<br>Report||1|
|Statement<br>ofTrustees'|responsibilities|8|
|Independent<br>Examiner's|report|g|
|Statement<br>of Financial Activities||11|
|Income and Expenditure|account|12|
|Statement<br>oftotal recognised<br>gains and losses||12|
|Movements<br>in Accumulated<br>Funds||13|
|Balance sheet||14|
|Notes to the accounts||15|
|Detailed Statement of Financial Activities||23|





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|Date offormation|||26 January 2010||
|---|---|---|---|---|
|The Principal OPice|is||StPeter's and StJames Parish Otfice,||
||||StPeter's Church, St Peter's Close, Hereford.|HR1 2DL|
|Charity Registration|Number||1133769||
|The telephone<br>number||is|(01432)275373||



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|||||||Unrestricted|Restricted|Total|Last Year|
|---|---|---|---|---|---|---|---|---|---|
|||||||Funds|Funds|Funds|Total Funds|
||||||Notes|2022|2022|2022|2021|
|||||||6|F.|6|6|
|Income and endowments||from:||||||||
|Voluntary<br>Income||||||115,759|31,475|147,234|151,964|
|Investment<br>Income||||||4,633|782|5,415|1,092|
|incoming resources|from charitable|||activities||15,532||15,532|18,830|
|Other Incoming Resources|||||||217,920|217,920||
|Total income||||||135,924|250,177|386,101|171,886|
|Expenditure<br>on||||||||||
|Costs ofgenerating|funds|||||||||
|Costs ofgenerating|voluntary|income||||1,296||1,296|424|
|Costs ofcharitable|activities|||||126.242|58,028|184,270|163,602|
|Governance costs||||||410||410|410|
|Total expenses||||||127,948|58,028|185,976|164,436|
|Net income||||||||||
|before transfers<br>between||funds||||7,976|192,149|200,125|7,450|
|Transfers between|funds|||||||||
|Net income before||||||||||
|Other recognised|gains and||losses|||7,976|192,149|200,125|7,450|
|Other recognised|gains and||losses|||||||
|Gains on revaluation|offixed assets|||ior charity's|own use||(169,505)|(169,505)||
|(Losses)/gains<br>on investment|||assets|||(2,870)|(1,839)|(4,709)|1,855|
|Net income||||||5,106|20,805|25,911|9,305|
|Reconciliation<br>of|funds|||||||||
|Total funds<br>brought forward||||||495,786|440,012|935,798|926,493|
|Total Funds carried forward||||||500,892|460,817|961,709|935,798|





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|Income and Expend<br>for the year ended|iture<br>Accou<br> 31 December|nt<br> 2022|||
|---|---|---|---|---|
||||2022|2021|
||||r|6|
|Tufnovel'|||162.766|170,794|
|Direct costs ofturnover|||185,566|164,026|
|Gross (deficit)/surplus|||(22,800)|6,768|
|Governance costs|||410|410|
|Operating<br>(deficit)/surplus|||(23,210)||
|Gains on disposals of|fixed assets||217,920||
|Interest receivable|||5,415|1,092|
|Surplus on ordinary|activities before tax||200,125|7,450|
|Surplus for the financial year|||200,125|7,450|
|Retained surplus for|the financial year||200,125|7,450|
|All activities derive from continuing||operations|||
|The notes on pages|15to 23form an integral||part ofthese accounts.||



|Statement ofTotal Recognised<br>Gains and Losses|Statement ofTotal Recognised<br>Gains and Losses|Statement ofTotal Recognised<br>Gains and Losses|||
|---|---|---|---|---|
|for the year ended 31|December 2022||||
||||2022|2021|
|Excess of Expendiiure<br>over income before realisation||ofassets|(17,795)|7,450|
|Profit per Profit and Loss|account||200,125|7,450|
|Unrealised<br>(losses)/gains|on investments||(4,709)|1,855|
|Net Movement<br>in funds|before taxation||25,911|9,305|





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|Revenue accumulated|Revenue accumulated|Revenue accumulated|Revenue accumulated|funds|funds||||Unrestricted|Restricted|Total|Last year|
|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||||||||Funds|Funds|Funds|TotalFunds|
||||||||||2022|2022|2022|2021|
|||||||||||6||6|
|Accumulated<br>funds||brought|||forward||||495,786|426,106|921,892|912,587|
|Recognised gains|and||losses before transfers||||||5,106|22,644|27,750|9,305|
||||||||||500,892|448,750|949,642|921,892|
|Transfers between||restricted|||and unrestricted||funds||||||
|Closing revenue|accumulated<br>funds||||||||500,892|448,750|949,642|921,892|
|The notes on pages|||15to||23form an|integral||part ofthese|accounts.||||
|Revaluation<br>Reserve|||Fund||||||Unrestricted|Restricted|Total|Last year|
||||||||||Funds|Funds|Funds|TotalFunds|
||||||||||2022|2022|2022|2021|
|At 1 January||||||||||169,505|169,505|169,505|
|Transfer (to)/from|revenue|||accumulated||funds||||(169,505)|(169,505)||
|At 31 December||||||||||||169,505|
|Summary of funds||||||||Designated|Unrestricted|Restricted|Total|Last Year|
|||||||||Funds|Funds|Funds|Funds|TotalFunds|
|||||||||2022|2022|2022|2022|2021|
|Revenue accumulated|||funds||||||500892|448750|949642|75238r|
|Revenue designated||funds|||||||||||
|Fixed asset funds|||||||||||||
|Revaluation<br>reserve||fund||||||||||169.505|
|Endowment<br>funds||||||||||12.067|12,067|13,906|
|Pension reserve fund|||||||||||||
|Total funds|||||||||500,892|460,817|961,709|935.798|





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|StPeter's with St <br>Balance Sheet<br>as at 31 December|Owen and <br> 2022|St|Ja|mes' Paroch|ial Chur|ch<br>Council|||
|---|---|---|---|---|---|---|---|---|
|||||Notes||2022||2021|
|||||||6|||
|The assets and liabilities ofthe||charity:|||||||
|Fixed assets|||||||||
|Tangible assets||||11||420,000||589,505|
|Investments||||12||33,889||38,598|
|Total fixed assets||||||453.889||628,103|
|Current assets|||||||||
|Debtors||||13|22,340||16,396||
|Cash at bank and in|hand||||490,007||296,957||
|Total current assets|||||512,347||313,353||
|Creditors:-|||||||||
|amounts<br>due within one year||||14|(4,527)||(5,658)||
|Net current assets||||||507,820||307,695|
|Total assets less current liabilities||||||961,709||935.798|
|Net assets including<br>pension||asset Iliability||||961,709||935,798|
|The funds ofthe charity:|||||||||
|Unrestricted<br>income|funds||||||||
|Unrestricted<br>revenue|accumulated||funds||500,892||495,786||
|Designated<br>revenue|funas||||||||
|Unrestricted<br>capital|funds||||||||
|Designated<br>fixed asset funds|||||||||
|Total unrestricted|funds|||||500,892||495,786|
|Restricted income funds|||||||||
|Resldcted revenue<br>accumulated||funds|||448,750||256,601||
|Restricted capital funds|||||||||
|Restricted<br>revaluation|reserve||||||169,505||
|Total restricted funds||||||448,750||426,106|
|Endowment<br>funds||||||12,067||13,906|
|Total charity funds||||||961,709||935,798|
|Rev. A. Morgan|||||||||
|Trustee|||||||||
|Approved<br>by the board oftrustees|||on|..|||||
|The notes on pages|15to 23form||an|integral part|ofthese|accounts.|||





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|3|Surplus for the financial year|2022|2021|
|---|---|---|---|
||This is stated after crediting:-|||
||Revenue Turnover from ordinary activities|162,766|170,794|
||Gains on disposals of fixed assets|217,920||
||and after charging:-|||
||Independent<br>Examiner's Fees|410|410|
|4|Statement that no expenses were paid to trustees or|connected persons||





## 

|fo|r the year ended 31 December 2022|r the year ended 31 December 2022||||
|---|---|---|---|---|---|
|9|Staff Costs and Emoluments|||2022<br>E|2021f|
||Gross Salaries|||22,703|1,760|
||Numbers<br>offull time|employees or full time equivalents||2022|2021|
||Engaged<br>on charitable|activities||||
||There were no fees or|other remuneration|paid to the trustees|||
||There were no employees<br>with emoluments||in excess of560,000 per annum|||



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|Tangible functional|fixed|assets|||||
|---|---|---|---|---|---|---|
|||||||Freehold|
|||||||Land and|
|||||||buildings|
|Asset cost, valuation|or revalued||amount||||
|At 1 January 2022||||||589,505|
|Disposals||||||(169,505)|
|At 31 December 2022||||||420,000|
|Accumulated<br>depreciation||and impairment||provisions|||
|Charge for the year|||||||
|At 31 December 2022|||||||
|Net book value|||||||
|At 31 December 2022||||||420,000|
|At 31 December 2021||||||589,505|
|Freehold<br>land at valuation||included|above not|depreciated||420,000|
||||||2022|2021|
||||||6||
|Church House|||||340,000|340,000|
|Close House|||||80,000|80,000|
|61 Lichfield Avenue,|Hereford 54.48%share|||||169,505|
||||||420,000|589,505|





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|Fixed Asset|Investments|||||||
|---|---|---|---|---|---|---|---|
|||||Property|Listed|Unlisted|2022|
|||||Investmentsf|Investments|Investmentsf|Totalf|
|Valuation||||||||
|Market value|at 1 January 2022||||38,598||38,598|
|Nei unrealised|gain/(loss)|||||||
|on revaluation|of investments||||(4,709)||(4,709)|
|Market value|at 31 December|2022|||33,889||33,889|
|Cash held by|investment<br>advisors|||||||
|Total Investments<br>including||cash|||At 31 December|2022|33,889|
|Total Investments<br>including||cash|||At 1 January<br>2022||38,598|
|Analysis ofinvestments<br>between|||UK|investments|and investments|outside the UK||
|||||Property|Listed|Unlisted|2022|
|||||Investments|Investments|Investments|Total|
|Investment<br>assets in the UK|||||33,889||33,889|
|Investment<br>assets outside the||UK||||||
|Total market|value||||33,889||33,889|
|||||Property|Listed|Unlisted|2021|
|||||investments|Investments|Investments|Total|
|Investment<br>assets in the UK|||||38,598||38.598|
|Investment<br>assets outside the||UK||||||
|Total market|value||||38,598||38,598|





## 

|||Security|Security|||||Type ofshare|Type ofshare|Type ofshare|Type ofshare|Holding|Market|Market|
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||||||||||||Value|Value|
||||||||||||||2022|2021|
||||||||||||||6|6|
||CBC Church of England|||Investment|||||||||||
||Fund Income Shares||||||||Ordinary|||648|13,389|15,163|
||CBC Church of England|||Fixed Interest|||||||||||
||Securities<br>Fund Income|||Shares|||||Ordinary|||8,802|12,067|13,906|
||COIF Charities|Investment|||Fund||||||||||
||Income Shares||||||||Ordinary|||464|8,433|9,529|
||||||||||||||33,889|38,598|
||The total listed portfolio is:-||||||||||||||
||||||||||||||Market|Market|
||||||||||||||Value|Value|
||||||||||||||2022|2021|
||||||||||||||6|F|
||As detailed above||||||||||||33,889|38,598|
||Total market value||||||||||||33,889|38,598|
|13|Debtors||||||||||||2022f|2021<br>6|
||Trade debtors||||||||||||1,413|2,934|
||Prepaid expenses||||||||||||12,827|11,517|
||Taxation Recoverable||||||||||||8,100|1,945|
||||||||||||||22,340|16,396|
||Amounts<br>due|after more than||||one year|||included||in the|total above|are analysed|as:-|
|14|Creditors: amounts||falling||due within|||one year|||||2022|2021|
||||||||||||||F|F|
||Trade creditors||||||||||||4,117|5,248|
||Accrued expenses<br>and other creditors||||||||||||410|410|
||||||||||||||4,527|5,658|
|15|Related party|transactions|||||||||||||
||No transaction|with related|||parties,||disclosable|||under the||FRS 102and|the Charities|Act 2011,were|
||entered<br>into during the year||||or previous|||year.|||||||
|16|Analysis ofthe Net||Movement|||in|Funds||||||2022|2021|
|||||||||||||||6|
||Net movement|in funds from Statement||||||of Financial|||Activities||(17,795)|7,450|
||Net resources|applied|on functional||||fixed assets||||||48,415||
||Net movement|in funds available|||||for|future activities|||||30,620|7,450|





## 

|17|Particulars<br>of Individual|Particulars<br>of Individual|Funds|and analysis|ofassets|and liabilities|representing|funds|
|---|---|---|---|---|---|---|---|---|
||At 31December 2022|||Unrestricted||Designated|Restricted|Total|
|||||funds||funds|funds|Funds|
||||||||6||
||Tangible Fixed Assets|||420,000||||420,000|
||Investments<br>at valuation||||||||
||Fixed asset investments||||21,822||12,067|33,889|
||Current Assets||||63,597||448,750|512,347|
||Current<br>Liabilities||||(4,527)|||(4,527)|
|||||500,892|||460,817|961,709|
||At 1January 2022|||Unrestricted||Designated|Restricted|Total|
|||||funds||funds|funds|Funds|
||Tangible Fixed Assets|||420,000|||169,505|589,505|
||Investments<br>at valuation||||||||
||Fixed asset investments||||24,692||13,906|38,598|
||Current Assets||||56,752||256,601|313,353|
||Current<br>Liabilities||||(5,658)|||(5,658)|
|||||495,786|||440,012|935,798|
||The individual<br>funds|included||above are:-|||||
|||||Funds at||Movements|Transfers|Funds at|
||||||2021|in|Between|2022|
|||||||Funds|funds||
||Unrestricted<br>Funds||||f|as below<br>F||f|
||General<br>Unrestricted|Funds||489,281||(5,131)||484,150|
||Church House and Close||House||||||
||Lettings||||6,505|10,237||16,742|
||Designated<br>Funds||||||||
||Ministry Development|Fund|||||||
||Restricted<br>Funds||||||||
||St Peter's Building<br>Fund||||14,724|(1,258)||13,466|
||St Peter's Organ Fund||||||||
||St James' Building<br>Fund|||136,667||150||136,817|
||LFG Brown deceased|Trust||||217,920||217,920|
||Church Wardens<br>Fund||||754|252||1,006|
||Expendable<br>Endowment||Fund||13,906|(1,839)||12,067|
||Restricted<br>Capital Fund|||169,505||(169,505)|||
||Night shelter||||9,940|(9,940)|||
||Ukraine Project|||||15,777||15,777|
||Ministry<br>Development|Fund|||41,520|(11,897)||29,623|
||HTF||||||||
||Rwanda<br>Fund||||2,034|(1,602)|(246}|186|
||Vouthworker<br>Fund||||48,438|(9,314)||39.124|
||Sundry other funds||||2,524|(7,939)|246|(5,169)|
|||||935.798||25,911||961,709|





## 

|Analysis<br>ofmove||me|nts|in funds a|s shown<br>in the tab|le above|||
|---|---|---|---|---|---|---|---|---|
||||||Incoming|Outgoing|Gains 8|Movement|
||||||Resourcesf|Resourcesf|I ossesf|in funds<br>F|
|Unrestricted<br>Funds|||||||||
|General<br>Unrestricted|||Funds||120,392|122,653|(2,870)|(5,131)|
|Church House and||Close||House|||||
|Lettings|||||15,532|5,295||10,237|
|Restricted Funds|||||||||
|St Peter's<br>Building||Fund|||347|1,605||(1,258)|
|St James'<br>Building||Fund|||150|||150|
|LFG Brown deceased|||Trust||217,920|||217,920|
|Church Wardens|Fund||||252|||252|
|Expendable<br>Endowment||||Fund|||(1,839)|(1,839)|
|Restricted<br>Capital||Fund|||||(169,505)|(169,505)|
|Night shelter||||||9,940||(9,940)|
|Ukraine Project|||||15,827|50||15,777|
|Ministry Development|||Fund||12,934|24,831||(11,897)|
|Rwanda<br>Fund|||||398|2,000||(1,602)|
|Youthworker<br>Fund|||||2,162|11,476||(9,314)|
|Sundry other funds|||||187|8,126||(7,939)|
||||||386,101|185,976|(174,214)|25,911|





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|||||||Unrestricted|Unrestricted|Restricted|Total|Prior Period|
|---|---|---|---|---|---|---|---|---|---|---|
||||||||Funds|Funds|Funds|TotalFunds|
||||||||2022|2022|2022|2021|
||||||||||6|F|
|Incoming Resources|||||||||||
|Incoming Resources|from generated||||funds||||||
|Voluntary<br>Income|||||||||||
|Non government<br>and non public <br>Incoming resources ofa revenue|||bodies<br>nature||- granh, donations||and legacies||||
|Legacies receivable||||||||||30,029|
|Envelopes<br>and Gift Aid|||||||8,195||8,195|9,785|
|Loose collections at ail services|||||||7,435|238|7,673|8,260|
|Income tax recoverable|||||||21,237|115|21,352|18,740|
|Donations, appeals, etc|||||||75,892|4,741|80,633|77,684|
|Grants|||||||1,555|14,577|16,132|2,199|
|Other income|||||||1,445|11,804|13,249|5,267|
|Total|||||||||147,234|151,964|
|Total Grants, Legacies &||Donations||Received|||115,759|31,475|147,234|151,964|
|Total Voluntary<br>Income|||||||115,759|31,475|147,234|151,964|
|Investment<br>Income|||||||||||
|Bank interest and dividend||income|received||||4,633|782|5,415|1,092|
|Total Investment<br>Income|||||||4,633|782|5,415|1,092|
|Incoming resources from charitable|||||activities||||||
|Letting of non investment||property|for|charitable||purposes|15,532||15,532|15,969|
|Parochial fees||||||||||2,861|
|Charitable<br>activities|||||||15,532||15,532|18.830|
|Other Incoming Resources|||||||||||
|Gains on disposals of fixed assets|||owned||by Charity|||217,920|21'7,920||
|||||||||217,920|217,920||
|Total Incoming Resources|||||||135,924|250,177|386,101|171,886|
|Gains on investment|assets||||||||||
|Unrealised<br>(losses))gains||on investments|||||2,870)|1,839|(4,709)|1,855|
||||||||2,870)|(1,839)|4,709)|1,855|





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## 

|||||||Unrestricted|Restricted|Total|Prior Period|
|---|---|---|---|---|---|---|---|---|---|
|||||||Funds|Funds|Funds|TotalFunds|
|||||||2022|2022|2022|2021|
|||||||f||f||
|Costs ofgenerating|funds|||||||||
|Costs ofgenerating|voluntary|||income||||||
|Cost offundraising<br>actiwties||||||1,296||1,296|424|
|||||||1,296||1,296|424|
|Total costs ofgenerating||voluntary|||income|1,296||1,296|424|
|Support costs ofcharitable|||activities|||||||
|Direct support costs||||||||||
|Gross wages and salaries||—charitable|||activities|10,471|12,232|22,703||
|Training<br>and welfare||||||290|50|340||
|||||||10,761|12,282|23„043||
|General administrative|expenses:|||||||||
|Telephone<br>and fax||||||1,608|170|1,778||
|Postage||||||278||278||
|Stationery and printing||||||1,216||1,216|276|
|Subscriptions||||||80||80||
|Equipment<br>expenses||||||1,047||1,047|2,923|
|Office running<br>costs||||||1,578||1,578|5,796|
|Advertising<br>and PR|||||||||510|
|Bank charges||||||123||123|159|
|||||||5,930|170|6,100|9,664|





## 

## 

||||Unrestricted|Restricted|Total|Prior Period|
|---|---|---|---|---|---|---|
||||Funds|Funds|Funds|Total Funds|
||||2022|2022|2022|2021|
||||f|F|f||
|Othersupport<br>costs|||||||
|Ministry: Diocesan Parish Share|||64,200||64,200|63,000|
|Clergy Expenses|||1,696|1,760|3,456|3,047|
|Church<br>running|||14,062||14,062|14,667|
|Church maintenance|||11,200|9,290|20,490|23,482|
|Church insurance|||11,517||11,517|11,193|
|Youth and other work|||9|1,923|1,932|737|
|Church House and Close House expenses|||5,295||5,295|9,464|
|Organist and music|||275||275|1,975|
|Parochial fees and organist fees paid over||||||1,440|
|StJames' Organ fund||||||494|
|Ministry Development|Fund|||19,450|19,450|15,227|
|Aight shelter||||||4,327|
|Other restricted costs||||1,253|1,253|3,885|
||||108,254|33,676|141,930|152,938|
|Total Support costs|||124,945|46,128|171,073|162,602|
|Granfmaking<br>to achieve the objects ofthe charity|||||||
|Grants paidincluding|GiftAid payments||||||
|Grants paid as shown|in the detailed schedule||1,297|11,900|13,197|1,000|
|Total Expended on|Charitable|Activities|126,242|58,028|184,270|163,602|





## 

## 

## 

|||||||Unrestricted|Restricted|Restricted|Total|Prior Period|
|---|---|---|---|---|---|---|---|---|---|---|
|||||||Funds|Funds||Funds|Total Funds|
|||||||2022|2022||2022|2021|
|||||||8||8||8|
|Governance costs that are||not direct||management||functions inherent in||generating|||
|funds, service delivery and programme|||||orproject|work|||||
|Specific governance costs|||||||||||
|Independent<br>Examiner's Fees||||||410|||410|410|
|Total governance costs||||||410|||410|410|
|A Detailed schedule ofgrants|||paid to|achieve the||objects ofthe|charity||||
||||||||||2022||
||||||||||0||
|Nlissionary<br>and charitable|giving||||||||||
|Other grants||||||1,297|11,900||13,197|1,000|
|Total Institutional<br>grants||||||1,297|11,900||13,197|1,000|
|Total ofall grants paid||||||1,297|11,900||13,197|1,000|
|Analysis oftransfers<br>between|||funds||||||||
|Transfer to/(from)<br>unrestricted||to be anaiysed|||further|||||(19,658)|
|Transfer to/(from)<br>restricted|to|be analysed||further||||||19,658|