**THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ALL SAINTS CHURCH, BEDFORD** 

## **FINANCIAL STATEMENTS** 

**FOR THE YEAR ENDED** 

**31 DECEMBER 2022** 



## **THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ALL SAINTS, BEDFORD** 

## **INDEPENDENT EXAMINER'S REPORT TO THE MEMBERS OF THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ALL SAINTS, BEDFORD** 

I report to the members on my examination of the accounts of the Parochial Church Council of the Ecclesiastical Parish of All Saints (“the Parochial Church Council”) for the year ended 31 December 2022, which are set out on pages 2 to 4. 

## **Responsibilities and basis of report** 

As the members of the Parochial Church Council, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”). 

I report in respect of my examination of the Parochial Church Council’s accounts carried out in accordance with the Church Accounting Regulation 2006 ("the Regulations") and under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. 

## **Independent examiner's statement** 

I have completed my examination.  I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect: 

- 1 accounting records were not kept in accordance with section 130 of the Act or 

- 2 the accounts do not accord with the accounting records 

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached. 

Signed ............................................................................. 12 March 2023 

Joanna Jameson BA ACA Jameson Accounting Services Limited 87 Hillesden Avenue Elstow, Bedford MK42 9AJ 



**THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ALL SAINTS, BEDFORD** 

## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2022** 

|**Receipts**<br>**Voluntary Giving**<br>Stewardship - Tax Efficient giving<br>Stewardship - inc CAF<br>Cash Collections<br>Income tax recovered<br>Other voluntary income<br>**Events & Activities**<br>Parish Room / Community Centre lettings<br>Fees (including weddings and funerals)<br>Faith tours / Faith in Queens Park<br>Fundraising<br>Grants<br>Hire of Church<br>Other income<br>**Other**<br>Interest on Accounts<br>**Total Receipts**<br>**Payments**<br>**Grants**<br>Giving to charities<br>**Relating to Work of the Church**<br>Diocesan Quota<br>Clergy Expenses<br>Reader Expenses<br>Sacristry Supplies, Books & Liturgy<br>Sunday School & Confirmation<br>Music & Choir<br>Church outings<br>Spiritual Formations & Sundries<br>**Running Costs**<br>Heat / Light / Water<br>Insurance<br>Grounds Maintenance / Gardening<br>General Repairs & Maintenance<br>Major repairs<br>**Admin**<br>Office & Computer<br>Photocopier<br>Subscriptions to Deanery<br>Parish Room / Community Centre costs<br>Independent Examiner Fee<br>Sundries<br>**Total Payments**<br>**Net Receipts for the Year before Transfer**<br>**Transfers**<br>**Net Receipts for the Year**<br>**Funds Brought Forward as at 1 January 2022**<br>**Funds Carried Forward as at 31 December 2022**|General<br>Designated<br>Restricted<br>2022<br>Funds<br>Funds<br>Funds<br>Total<br>£<br>£<br>£<br>£<br>25076.46<br>25076.46<br>6790.35<br>6790.35<br>7768.79<br>7768.79<br>1576.22<br>1576.22<br>41211.82<br>0.00<br>0.00<br>41211.82<br>438.68<br>438.68<br>7621.00<br>7621.00<br>2995.50<br>1429.00<br>4424.50<br>0.00<br>0.00<br>2660.75<br>2660.75<br>1279.41<br>1279.41<br>390.00<br>390.00<br>0.00<br>0.00<br>24.34<br>24.34<br>56621.50<br>0.00<br>1429.00<br>58050.50<br>135.75<br>300.00<br>435.75<br>21004.10<br>21004.10<br>0.00<br>0.00<br>0.00<br>0.00<br>391.53<br>391.53<br>42.95<br>42.95<br>5919.17<br>5919.17<br>0.00<br>0.00<br>831.49<br>831.49<br>28189.24<br>0.00<br>0.00<br>28189.24<br>6339.79<br>6339.79<br>3952.80<br>3952.80<br>867.58<br>867.58<br>2550.89<br>2550.89<br>918.00<br>918.00<br>13711.06<br>0.00<br>918.00<br>14629.06<br>458.94<br>458.94<br>199.44<br>199.44<br>50.00<br>50.00<br>1178.21<br>1178.21<br>250.00<br>250.00<br>499.49<br>499.49<br>44672.13<br>300.00<br>918.00<br>45890.13<br>11949.37<br>(300.00)<br>511.00<br>12160.37<br>(300.00)<br>300.00<br>0.00<br>11649.37<br>0.00<br>511.00<br>12160.37<br>7052.67<br>16045.00<br>19011.99<br>42109.66<br>18702.04<br>16045.00<br>19522.99<br>54270.03|2021<br>Total<br>£<br>23784.20<br>6330.19<br>4359.08<br>1538.88<br>36012.35<br>1146.81<br>3067.50<br>2083.00<br>0.00<br>2819.04<br>27000.00<br>0.00<br>367.00<br>8.18<br>72503.88<br>85.00<br>26445.96<br>0.00<br>0.00<br>94.80<br>171.75<br>4221.58<br>0.00<br>260.00<br>31194.09<br>4812.98<br>3649.78<br>716.04<br>2615.68<br>20898.01<br>32692.49<br>1004.56<br>374.17<br>50.00<br>0.00<br>250.00<br>458.87<br>66109.18<br>6394.70<br>0.00<br>6394.70<br>35714.96<br>42109.66|
|---|---|---|





**THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ALL SAINTS, BEDFORD** 

## **BALANCE SHEET AS AT 31 DECEMBER 2022** 

|**Current Assets**<br>**Bank Accounts**<br>HSBC Current Account<br>HSBC Deposit Account<br>CBF Deposit Fund<br>NS&I Savings Account<br>**Total Net Assets**<br>**Funds**<br>General Fund<br>Designated Funds<br>Restricted Funds<br>**Total Funds**|Notes<br>3<br>2|£<br>£<br>38178.16<br>46.87<br>8200.00<br>7845.00<br>54270.03<br>54270.03<br>18702.04<br>16045.00<br>19522.99<br>54270.03<br>2022|£<br>£<br>26017.86<br>46.80<br>8200.00<br>7845.00<br>42109.66<br>42109.66<br>7052.67<br>16045.00<br>19011.99<br>42109.66<br>2021|
|---|---|---|---|



The accounts were approved by the PCC on 12 March 2023. 

..................................................... ......................................................... Roy Lambert (Churchwarden) Pam Greenaway (Churchwarden) 



## **THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ALL SAINTS, BEDFORD** 

## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022** 

## **1 ACCOUNTING POLICIES** 

## **1.1 Accounting Convention** 

The financial statements have been prepared in accordance with the Church Accounting Regulations 2006 together with applicable accounting standards and the Charities Statement of Recommended Practice. 

These accounts have been prepared on a receipts and payments basis. 

## **1.2 Funds** 

The general fund represents the funds of the PCC that are not subject to any restrictions regarding their use and are available for application on the general purposes of the PCC. 

Funds designated for a particular purpose by the PCC are also unrestricted. 

Restricted funds are those funds that must be spent on restricted purposes and details of the funds held and restrictions at this date are provided in note 2. 

## **1.3 Income and Expenditure** 

All income and expenditure is accounted for as received or as expended. All expenditure incurred in the past or during the year on the church and the movable church furnishings, whether maintenance or improvement, is written off as expenditure in the Statement of Financial Activities. 

## **2 Restricted Funds** 

|Fabric Fund (General)<br>Christmas<br>Flower Fund (Ramsey)<br>DBF Assigned Fees|Balance<br>Balance<br>as at<br>Income<br>Expenditure<br>Transfers<br>as at<br>1.1.22<br>31.12.22<br>£<br>£<br>£<br>£<br>£<br>18601.99<br>0.00<br>(918.00)<br>17683.99<br>60.00<br>60.00<br>350.00<br>350.00<br>0.00<br>1429.00<br>1429.00<br>19011.99<br>1429.00<br>(918.00)<br>0.00<br>19522.99|
|---|---|



Grants received in previous years relating to major maintenance costs are held in a restricted fund and are expected to be used on fabric works required as a result of the quinquennial inspection due in 2023. 

## **3 Designated Funds** 

|Fabric (General)<br>Charitable giving|Balance<br>Balance<br>as at<br>Income<br>Expenditure<br>Transfers<br>as at<br>1.1.22<br>31.12.22<br>£<br>£<br>£<br>£<br>£<br>16045.00<br>16045.00<br>0.00<br>(300.00)<br>300.00<br>0.00<br>16045.00<br>0.00<br>(300.00)<br>300.00<br>16045.00|
|---|---|



The PCC have chosen to maintain £16,045 (2021: £16,045) held in the National Savings & Investments account and in the CBF Deposit Fund, as a designated fund in reserve for any significant fabric costs which may arise as a result of the quinquennial inspection due in 2023.