||||Page||
|---|---|---|---|---|
|Report ofthe Trustees||1|to|4|
|Independent
Examiner's|Report||||
|Statement of Financial|Activities||||
|Balance Sheet|||||
|dotes to the Financial|Statements|8|to|15|
|Detailed Statement of|Financial Activities|16|to|17|
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|for the Year Ended|31 December|2023||||||
|---|---|---|---|---|---|---|---|
|||||||31.12.23|31.12.22|
||||Unrestricted|Restricted|Endowment|Total|Total|
||||funds|funds|fund|funds|funds|
|||Notes|E|E|E|E|t|
|INCOME AND ENDOWMENTS||||||||
|FROM||||||||
|Donations
and legacies|||122,519|50,579||173,098|147,234|
|Charitable
activities||||||||
|House lettings|||14,874|||14&874|15,532|
|Investment
income||2|11,383|3,811||15,194|5,415|
|Other income|||||||48,415|
|Total|||148,776|54,390||203,166|216,596|
|EXPENDITURE ON||||||||
|Raising funds|||527|||527|1,296|
|Charitable
activities||||||||
|House lettings|||8„325|2,52'I||10,846|5,295|
|Other charitable
activities|||139,421|108,032||247,453|179,385|
|Total|||148,273|110,553||Z58,826|185,976|
|Net gains/(losses)
on||||||||
|investments|||2,035||674|2,709|(4,709)|
|NET INCOME/(EXPENDITURE)|||2,538|(56,163)|674|(52,951)|25,911|
|Transfers between|funds|11|(240)|240||||
|Net movement
in funds|||Z,Z98|(55,923)|674|(52,951)|25,91'|
|RECONCILIATION
OF FUNDS||||||||
|Total, funds brought|forward||500,892|448,750|12,067|961,709|935,798|
|TOTAL FUNDS CARRIED||||||||
|FORWARD|||503,190|392,827|12,741|908,758|961,709|
##
|Balance Shee
31 December|t
2023|||||||
|---|---|---|---|---|---|---|---|
|||||||31.12.23|31.12.22|
||||Unrestricted|Restricted|Endowment|Total|Total|
||||funds|funds|fund|funds|funds|
|||Notes|E|E|L|E|E|
|FIXED ASSETS||||||||
|Tangible assets|||420,000|||420,000|420,000|
|Investments|||23,857||12,741|36,598|33,889|
||||443,857||12,741|456,598|453.889|
|CURRENT ASSETS||||||||
|Debtors||9|22,523|||22,523|22,340|
|Cash at bank|and in hand||42,627|392,827||435,454|490,006|
||||65,150|392,827||457,977|512,346|
|CREDITORS||||||||
|Amounts
faging due within one||||||||
|year||10|(5,817)|||(5,817)|(4,526)|
|NET CURRENT ASSETS|||59 333|392,827||452,160|507,820|
|TOTAL ASSETS LESS CURRENT||||||||
|LIABILITIES|||503,190|3921827|12,741|908,758|961,709|
|NET ASSETS|||503,190|392,827|12,741|908,758|961,709|
|FUNDS||||||||
|Unrestricted|funds|||||503,190|500,892|
|Restricted funds||||||392,827|448,750|
|Endowment|funds|||||12,741|12,067|
|TOTALFUN|DS|||||908,758|961,709|
##
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|INVESTMENT INCOME|INVESTMENT INCOME||||
|---|---|---|---|---|
||||31.12.23|31.12.22|
||||E|E|
|Deposit accountinterest|||15,194|5,415|
|RAISING FUNDS|||||
|Investment
management||costs|||
||||31.12.23|31.12.22|
||||E|E|
|Cost of fundraising|activities||527|1,296|
##
##
|The average monthly
number|ofem|ployees
during the year was as f|ollows:|||
|---|---|---|---|---|---|
|||||31.12.23|31.12.22|
|Staff||||5|5|
|No employees
received emoluments||in excess of 660,000.||||
|COMPARATIVES
FOR THE STATEMENT OF FINANCIAL ACTIVITIES||||||
|||Unrestricted|Restricted|Endowment|Totai|
|||funds|funds|fund|funds|
|||E|E|E|E|
|INCOME AND ENDOWMENTS|FROM|||||
|Donations
and legacies||115,759|31,475||147,234|
|Charitable
activities||||||
|House lettings||15,532|||15,532|
|investment
income||4,633|782||5,415|
|Other income|||48,415||48,415|
|Total||135,924|80,672||216,596|
|EXPENDITURE ON||||||
|Raising funds||1,296|||1,296|
|Charitable
activities||||||
|House lettings||5,295|||5,295|
|Other charitable
activities||121,357|58,028||179,385|
|Total||127,948|58,028||185,976|
|Net gains/(losses)
on investments||(2,870)||(1,839)|(4,709)|
|NET INCOME/(EXPENDITURE)||5,106|22,644|(1,839)|25,911|
|RECONCILIATION
OF FUNDS||||||
|Totalfunds
broueht forward||495,786|426,106|13,906|935,798|
|TOTAL FUNDS CARRIED FORWARD||500,892|448,750|12,067|961,709|
|TANGI|BLE FIXED ASSETS|||
|---|---|---|---|
||||Freehold|
||||property|
||||E|
|COST||||
|At 1 January 2023 and 31 December 2023|||420,000|
|NET BOOK VALUE||||
|At 31 December 2023|||420,000|
|At 31|December 2022||420,000|
|||31.12,2023|31.12.2022|
|||E|6|
|Church|House|340,000|340,000|
|Close|House|80,000|&0„000|
|||420,000|420,000|
##
|FIXED ASSET INVESTMENT|S|||
|---|---|---|---|
||||Listed|
||||investments|
||||E|
|MARKET VALUE||||
|At 1 January 2023|||33,889|
|Revaluations|||2,709|
|At 31 December 2023|||36,598|
|NET BOOK VALUE||||
|At 31 December 2023|||36,598|
|At 31 December 2022|||33,889|
|There were no investment|assets outside the UK.|||
|Cost or valuation
at 31 December 2023 is represented||by:||
||||Listed|
||||investments|
||||f.|
|Valuation
in 2023|||36,598|
##
|||||||31.12.23|31.12.22|
|---|---|---|---|---|---|---|---|
|||||||E|E|
|Trade debtors||||||1,545|6,422|
|Tax||||||8,256|3,091|
|Prepayments
and|accrued income|||||12,722|12,827|
|||||||22,523|22,340|
|CREDITORS: AMOUNTS|||FALLING DUE WITHIN ONE YEAR|||||
|||||||31.12.23|31.12.22|
|||||||6|E|
|Trade creditors||||||3,027|4,116|
|Other creditors||||||2,790|410|
|||||||5,817|4,526|
|MOVEMENT
IN FUNDS||||||||
||||||Net|Transfers||
||||||movement|between|At|
|||||At 1.1.23|in funds|funds|31.12.23|
|||||E|f.|E|E|
|Unrestricted
funds||||||||
|Generalfund||||484,150|(4,010)|(240)|479,900|
|Church
House and|Close House Lettings|||16,742|6,548||23,290|
|||||500,892|2,538|(240)|503,190|
|Restricted funds||||||||
|St Peter's Building|Fund|||13,466|(8,415)||5,051|
|St James Building|Fund|||136,817|(1,900)||134,917|
|LFG Brown deceased Trust||||217,920|||217,920|
|Church Wardens
Fund||||1,006|71||1,077|
|Ukraine Project||||15,777|(5,164)|326|10,939|
|Ministry
Deveiopment||Fund||29,623|(15,780)||13,843|
|Rwanda
Fund||||186|(131)|326|381|
|Youthworker
Fund||||39,124|(38,283)||841|
|Sundry Other Funds||||(5,169)|6.517||1.348|
|Gift Day special collection|||||9,443|(652)|8,791|
|Homelessness
Forum||||||240|240|
|Church
House Building|||Fund||(2,521)||(2,521 )|
|||||448,750|(56,163)|240|392,827|
|Endowment
funds||||||||
|Expendable
Endowment|||Fund|12,067|674||12,741|
|TOTAL FUNDS||||961,709|(52,951)||908,758|
##
|||||Incoming|Resources|Gains|and|Movement|
|---|---|---|---|---|---|---|---|---|
|||||resources|expended|losses||in funds|
|||||E|f.|E||E|
|Unrestricted
funds|||||||||
|Genera{fund||||133,903|(139,948)|2,035||(4,010)|
|Church
House and|Close||House Lettings|14,873|(8,325)|||6,548|
|||||148,776|(148,273)|2,035||2,538|
|Restricted funds|||||||||
|St Peters Building|Fund|||336|(8,751)|||(8,415)|
|StJames Building|Fund|||3,283|(5,183)|||(1,900)|
|Church Wardens
Fund||||321|(250)|||71|
|Ukraine Project||||27,019|(32,183)|||(5,164)|
|Ministry
Development||Fund||1,550|(17,330)|||(15,780)|
|Rwanda
Fund||||1,140|(1,271)|||(131)|
|Youthworker
Fund||||817|(39,100)|||(38,283)|
|Sundry Other Funds||||10,155|(3,638)|||6,517|
|Gift Day special collection||||9,769|(326)|||9,4'-f3|
|Church
House Building||Fund|||{2,521 )|||(2,521)|
|||||54,390|(110,553)|||(56,163)|
|Endowment
funds|||||||||
|Expendable
Endowment|||Fund||||674|674|
|TOTAL FUNDS||||203,166|(258,826)|2,709||{52,951)|
##
##
||||||Net|Transfers||
|---|---|---|---|---|---|---|---|
||||||movement|between|At|
|||||At 1.1.22|in funds|funds|31.12.22|
|||||E|E|E|E|
|Unrestricted
funds||||||||
|Generalfund||||489,281|(5,131)||484,150|
|Church
House and|Close||House Lettings|6,505|10,237||16,742|
|||||495,786|5,106||500,892|
|Restricted funds||||||||
|St Peter's Building|Fund|||14,724|(1,258)||13,466|
|StJames Building|Fund|||136,667|150||136,817|
|LFG Brown deceased Trust|||||217,920||217,920|
|Church Wardens
Fund||||754|252||1,006|
|Restricted
Capital|Fund|||169,505|(169,505)|||
|Night Shelter||||9,940|(9,940)|||
|Ukraine Project|||||15,777||15,777|
|Ministry
Development||Fund||41,520|(11,897)||29.623|
|Rwanda
Fund||||2,034|(1,602)|(246)|186|
|Youthworker
Fund||||48,438|(9,314)||39,124|
|Sundry Other Funds||||2,524|(7,939)|246|(5,169)|
|||||-126,106|22,644||448,750|
|Endowment
funds||||||||
|Expendable
Endowment|||Fund|13,906|(1,839)||12,067|
|TOTAL FUNDS||||935,798|25,911||961,709|
##
##
|||||Incoming|Resources|Gains and|Movement|
|---|---|---|---|---|---|---|---|
|||||resources|exoended|losses|in funds|
|||||E|E|E|E|
|Unrestricted
funds||||||||
|Generalfund||||120,392|(122,653)|(2,870)|(5,131)|
|Church
House and|Close||House Lettings|15 532|(5,295)||10,237|
|||||135,924|(i27,948)|(2,870)|5,106|
|Restricted funds||||||||
|St Peteds Building|Fund|||(1,258)|||(1,258)|
|St James Building|Fund|||150|||150|
|LFG Brown deceased Trust||||217,920|||217,920|
|Church Wardens
Fund||||252|||252|
|Restricted
Capital|Fund|||(169,505)|||(169,505)|
|Night Shelter||||(9,940)|||(9,940)|
|Ukraine Project||||15,777|||15,777|
|Ministry
Development||Fund||(11,897)|||(11,897)|
|Rwanda
Fund||||(1,602)|||(1,602)|
|Youthworker
Fund||||(9,314)|||(9,314)|
|Sundry Other Funds||||50,089|(58,028)||(7,939)|
|||||80,672|(58,028)||22,644|
|Endowment
funds||||||||
|Expendable
Endowment|||Fund|||(1,839)|(1,839)|
|TOTAL FUNDS||||216,596|(185,976)|(4,709)|25,911|
##
##
##
|for the Year Ended|31 Dec|ember 2023|||
|---|---|---|---|---|
||||31.12.23|31.12.22|
||||f|f|
|INCOME AND ENDOWMENTS|||||
|Donations
and legacies|||||
|Envelopes
and Gift|Aid||7,609|8,195|
|Loose cogections at all servi ces|||7,121|7,673|
|Gift aid|||23,195|21,352|
|Donations,
appeals|etc||108,595|80,633|
|Grants|||14,419|16,132|
|Other income|||12,159|13,249|
||||173,098|147,234|
|Investment
income|||||
|Deposit account interest|||15,194|5,415|
|Charitable
activities|||||
|Letting income|||14,874|15,532|
|Other income|||||
|Gain on sale of tangible fixed assets||||48,415|
|Total incoming
resources|||203,166|216,596|
|EXPENDITURE|||||
|Investment
management||costs|||
|Cost of fundraising|activities||527|1,296|
|Charitable
activities|||||
|Wages|||94,944|22,703|
|Pensions|||3,046||
|Training
and welfare|||614|340|
|Telephone|||2,085|1,778|
|Postage|||299|278|
|Stationery|||1,183|1,216|
|Subscriptions|||332|80|
|Equipment
expenses|||1,746|1,047|
|Office running
costs|||4,263|1,578|
|Bank charges|||137|123|
|Grants to institutions|||5,647|13,197|
||||114,296|42,340|
|Support costs|||||
|Management|||||
|Ministry:
Diocesan|Parish|Shar e|67,400|64,200|
|Clergy expenses|||4,008|3,456|
|Church
running|||13,254|14,062|
|Carried forward|||84,662|81,718|
|for the Year Ended 31|December 2023|||
|---|---|---|---|
|||31.12.23|31.12.22|
|||E|E|
|Management||||
|Srought forward||84,662|81,718|
|Church maintenance||22, 111|20,490|
|Church insurance||13,039|11,517|
|Youth and other work||5,120|1,932|
|Church
House and Close House expenses||10,846|5,295|
|Organist and music||1,059|275|
|Ministry
Development|Fund||19,450|
|Other resticted costs||4,376|1,253|
|||141,213|141,930|
|Governance
costs||||
|Auditors'
remuneration||2,790|410|
|Total resources expended||258,826|185,976|
|Net (expenditure)/income||(55,660)|30,620|