# # ## ||||Page|| |---|---|---|---|---| |Report ofthe Trustees||1|to|6| |Report ofthe Independent|Auditors|7|Io|9| |Statement ofFinancial Activities|||10|| |Balance Sheet||||| |Notes tothe Financial Statements||12|to|23| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |F|OR THE|YEAR E|NDED 31DECE|MBER 2022||| |---|---|---|---|---|---|---| ||||||2022|2021| ||||Unrestricted|Restricted|Total|Total| |||Notes|funds|funds
f|funds
f|fundsf| |INCOME AND ENDOWMENTS|FRONI|||||| |Donations
snd legacies||2|209,115|731|209,846|176,411| |Charitable
activities||||||| |Church activities|||66,637||66,637|54,132| |Other trading
activities||3|74,254||74,254|51,478| |Investment
income||4|30,367||30,367|58,066| |Other income||||||25,118| |Total|||380,373|731|381,104|365,205| |EXPENDITURE ON||||||| |Raising funds|||1,612||1,612|853| |Charitable
activities||||||| |Church activities|||402,949|9,870|412,S19|298,207| |Other expenses expended||||||1 604| |Total|||404,561|9,870|~414431|300,664| |Net (losses)/gains
on investments|||~162893)||~162,893)|62,423| |NET INCOME/(EXPENDITURE)|||(187,081)|(9,139)|(196,220)|126,964| |Transfers between funds||22|(2,825)|2,825||| |Other recognised
gains/(losses)
Net (losses)/gains
on revaluation
offixed||assets|~006.613)||~885,613)|| |Net movement
in funds|||(1,075,519)|(6,314)|(1,081,833)|126,964| |RECONCILIATION
OF FUNDS||||||| |Total funds brought
forward|||5,106,142|35,817|5,141,959|5,014,995| |TOTAL FUNDS CARRIED FORWARD|||4 030,623|29,503|4060126|5,141 980| ## ||BALANCE SHEET
31DECEMBER2022||| |---|---|---|---| |||2022|2021| ||||Restated| |FIXEDASSETS|Notes||8| |Tangible assets
Investments|13|2,682,112|3,551,899| |Investments
Investment
property|14
15|215,001
325 000|248,366
458217| |||3,222,113|4,258,482| |CURRENTASSETS|||| |Stocks
Debtors
Cash at bank|16
17|58,416
841,585|1,119
13,435
924,408| |||900,001|938,962| |CREDITORS|||| |Amounts
hlling due within one year|18|(61,988)|(55,485)| |NET CURRENT ASSETS||838913|888477| |TOTAL ASSETSLESSCURRENT|||| |LIABILITIES||4,060,126|5,141,959| |CREDITORS|||| |Amounts
falling due after more than one year 19|||| |NET ASSETS||4M6 126|5 141889| |FUNDS|22||| |Unrashtcted
funds
Resbicted funds||4,030,623
29 503|5,106,142
35,617| |TOTAL FUNDS||4M8.'126|5141959| ## ## ## ## ## ## ## ## ## ## ## ## |4.|INVESTNIENT INC|OME||||| |---|---|---|---|---|---|---| ||||||2022|2021| ||||||8|6| ||Rents received||||23,915|51,696| ||Dividend
income||||6,364|5,374| ||Deposit account interest||||88|996| ||||||30,367|~58 066| ||All investment
income is dedved from assets held in the United Kingdom.|||||| ||INCONIE FROM CHARITABLE ACTIVITIES|||||| ||||||2022|2021| ||||Activity||6|| ||Fees for weddings
funerals|and|Church|activities|12,446|6,138| ||Fees for courses and|||||| ||events||Church|activities||716| ||Book stall and magazine
sales||Church|activities||333| ||Church
hall lettings
Grants||Church
Church|activities
activities|54,191|2,015
44,930| ||||||66,637|~54 132| |6.|RAISING FUNDS|||||| ||Raising donations|and legacies|||2022|2021| ||||||6|F| ||Cost offundraising
Cost ofgenerating|trading
voluntary|income||131|206
26| ||||||131|232| ||Investment
management||costs||2022|2021| ||Porffolio management||||1,481|621| ||Aggregate
amounts||||1,612|635| |||||FORTHE YEAR ENDED 31DE|FORTHE YEAR ENDED 31DE|CEMBER 2022||| |---|---|---|---|---|---|---|---|---| |T.|CHARITABLE|||ACTIVITIES COSTS||||| |||||||Direct|Support|| |||||||Costs (see|costs (see|| |||||||note 8}|note 9}|Totals| |||||||E|E|E| ||Church|activities||||393,521|19,298|412,819| |8.|DIRECT COSTS OF CHARITABLE ACTIVITIES|||||||| ||||||||2022|2021| ||||||||F|| ||Staff costs||||||88,7TB|42,547| ||Church|running||expenses|||90,823|67,341| ||Hall running||costs||||31,684|27,839| ||Church|repairs||&maintenance|||51,864|27,537| ||Mission|giving||and donations|||312|9,574| ||Hall repairs||&|maintenance|||37,845|8,920| ||Parish share||||||112497|106,908| ||||||||393521|290666| ||||||||Governance|| |9.|SUPPORT COSTS|||||||| |||||||Finance|costs|Totals| |||||||E||F| ||Church|activities||||1,330|1~7968|19,298| ||Support|costs,||included|in the above, are as follows:|||| ||Finance|||||||| ||||||||2022|2021| ||||||||Church|Total| ||||||||activities|activities| |||||||||F| ||Sank charges||||||~1330|736| ||Governance||costs|||||| ||||||||2022|2021| ||||||||Church|Total| ||||||||activities|activities| ||||||||F|E| ||Accounting
fees||||||11,628|| ||Auditors'|remuneration|||||6,340|5,005| ||Auditors'|remuneration|||for non audit|||| ||work|||||||1,800| ||Legal and professional||||fees|||| ||||||||17,968|6,805| ## ## ## ## ## ## ## ## ## |||Unrestricted|Restricted|Total| |---|---|---|---|---| |||funds|funds|funds| |||F||5| |INCOME AND ENDOWMENTS|FRONI|||| |Donations
and legacies||168,102|10,309|176,411| |Charitable
activities||||| |Church activities||53,822|310|54,132| |Other trading
activities||51,428|50|51,178| |investment
income||57,755|311|58,066| |Other income||24,997|121|25,118| |Total||354,104|11,101|365,205| |EXPENDITURE ON||||| |Raising funds||853||853| |Charitable
activities||||| |Church activities||284,532|13,675|298,207| |Other expenses expended||1,604||1,604| |Total|||13,675|300,664| |Net gains on investments||62,423||82423| |NET INCOMEI(EXPENDITURE)||129,538|(2,574)|126,964| |Transfers between funds||9,315|(9,315)|| |Other recognised
gains/(losses)||||| |Gains on revaluation
offixed assets||||| |Net movement
in funds||138,853|(11,889)|126,964| ## ## ## |||||Unrestricted|Restricted||Total| |---|---|---|---|---|---|---|---| |||||funds
E|funds
8||fundsf| |RECONCILIATION
OF|FUNDS||||||| |Total funds brought
forward||||4,967,289|47,706||5,014,995| |TOTAL FUNDS CARRIED FORWARD||||5,105,142|35817||5141,050| |TANGIBLE FIXEDASSETS|||||||| |||||Fixtures|||| ||||Freehold|and|||| ||||property
F|fittings
8|Equipment
8||Totals
8| |COST OR VALUATION|||||||| |At 1 January 2022|||3,5'I8,653|37,664|47,794|3,604,111|| |Additions||||7,185|15,652||22,837| |Dieposals
Revaluations|||~0866)3)|(20,311)|(13,105)|(33,416)
~885,6)3)|| |At 31 December 2022|||2,633,040|24638|50,341|2,707 01S|| |DEPRECIATION|||||||| |At 1 January 2022||||25,923|26,289||52,212| |Charge for year
Disposals||||1,912
~)9248)|4,788
~)3,857)|6,700
~33,)05)|| |At 31 December 2022||||8,587|17,220||25,807| |NET BOOK VALUE|||||||| |At 31 December 2022|||2,633,040|\ ~l)61|33.121|2.882 112|| |At 31 December 2021|||3518.653|11.741|21.505|3551 800|| |An external valuation
of|the freehold||property was carried out by Curchod||&Co, Chartered||Surveyors| |&Commercial
Property|Agents on|14 March 2023 and a revaluation
adjustment
has been|||||recognised| |for the year ended 31 December||2022. This valuation||was made
in accordance
with||the|SORP and| |the RICSAppraisal
and|Valuation|Manual.|||||| ## |FIXEDASSET INVESTMENTS||| |---|---|---| ||Listed|| ||investments|Totals| ||8|8| |MARKET VALUE||| |At 1 January 2022|248,366|248,366| |Disposals|(4,000)|(4,000)| |Revaluations|~29,365)|~29,365)| |At 31 December 2022|~215001|215,001| |NET BOOK VALUE||| |At 31 December 2022|215,001|2~15 0016| |At 31December 2021|248,366|248,366| ## ## |INVESTMENT PROPERTY|| |---|---| |FAIR VALUE|| |At 1January 2022|458,217| |Additions|| |Disposals|| |Revaluation|~733217| |At 31 December 2022|325,000| |NET BOOKVALUE|| |At 31 December 2022|325,000| |At 31 December 2021|433,217| |16.|STOCKS|||| |---|---|---|---|---| ||||2022|2021| |||||E| ||Stocks|||1,119| |1?.|DEBTORS: AMOUNTS|FALLING DUE WITHIN ONE YEAR||| ||||2022|2021| |||||6| ||Trade debtors||4,115|4,403| ||Other debtors||54,301|| ||Tax refunds due|||4,368| ||Prepayments|||~4664| ||||58,416|13,435| |18.|CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR|||| ||||2022|2021| |||||Restated| |||||6| ||Trade creditors||6,751|25,539| ||Other creditors||55,237|29,946| ||||61,988|55,485| ## ## ||F|OR THE YEAR ENDED 31 DEC|OR THE YEAR ENDED 31 DEC|EMBER 202|2|| |---|---|---|---|---|---|---| |'I9.|CREDiTORS: AMOUNTS|FALLING DUE AFTER INORE||THAN ONE|YEAR|| ||||||2022
6|2021
f| ||Other creditors|||||| |20.|LOANS|||||| ||An analysis ofthe maturity|ofloans is given|below:|||| ||||||2022|2021| ||||||6|E| ||Amounts
falling due within|one year on demand:||||| ||Other loans|||||| ||Amounts
falling between one and two years:
Other loans -1-2 years|||||| |21.|ANALYSIS OF NET ASSETS BETWEEN FUNDS|||||| ||||||2022|2021| ||||Unrestricted|Restricted|Total|Total| ||||funds|funds|funds|funds| |||||F|F|F| ||Fixed assets||2,664,711|17,401|2,682,112|3,551,899| ||Investments||540,001||540,001|706,583| ||Current assets
Current
liabilities|8&7,899
~681)**.**!8)6585)||12,102|900,001
~6) 988)|916,940
~33,483)| ||||403D,623|28,503|4,DD)1,126|6141969| ## ## |MOVEMENT
IN F|UNDS||||||| |---|---|---|---|---|---|---|---| ||||||Net|Transfers|| ||||||movement|between|At| |||||At 1.1.22|in funds|funds|31.12.22| |||||||5|| |Unrssti'icted
funds|||||||| |General fund||||389,556|(37,516)|(8,195)|343,845| |Building fund||||4,653,865|(1,018,830)|8,195|3,643,230| |Choir (Designated)|||||200||200| |Repair (Designated}
Sunday School (Designated)||||50,473
12,248|(15,675)
~873)|(2,825)|31,973
11,375| |||||5,106,142|(1,072,694)|(2,825)|4,030,623| |Restricted funds|||||||| |Fabric, fittings
&fine art||fund||5,797|(238)||5,559| |Memorial
display|fund|||1,718|||1,718| |Choir fund||||500|(261)||239| |Flower fund||||2,726|(964)||1,762| |Daisy Smith discretionary||fund||563|||563| |Daisy Smith music &education|||fund|171|||171| |Homeless
fund||||2,084|||2,084| |Small saints fund||||46|||46| |Belfry fund||||4,391|||4,391| |Bells fund
Audio/visual
fund||||2,689
16132|(5,514)
~2162)|2,825|12,970| |||||35,817|~9,139|2625|295D3| |TOTAL FUNDS||||5,141,993|~1,081,833}||4:96D,126| |Net movement
in funds,||included|in the above are as follows:||||| |||||Incoming|Resources|Gains and|Movement| |||||resources|expended|losses|in funds| ||||||6|6|E| |Unrestricted
funds|||||||| |General fund||||378,207|(387,846)|(27,877)|(37,516)| |Building
fund||||||(1,018,830)|(1,018,830)| |Choir (Designated)||||200|||200| |Repair (Designated)
Sunday School (Designated)||||1,645
321|(16,641)
~74)|(679)
~1120)|(15,675)
~873)| |||||380,373|(404,561)|(1,048,506)|(1,072,694)| |Restricted funds|||||||| |Fabric, fittings &fine art||fund||501|(739)||(238)| |Choir fund|||||(261)||(261)| |Flower fund||||230|(1,194)||(964}| |Bells fund
Audio/visual
fund|||||(5,514)
~2,162)||(5,514)
~2,162)| |||||731|~9,870)||~9,139)| |TOTAL FUNDS||||381,104|~414 43'I)|(1,048506)|(1,081,833)| BASINGSTOKE PAROCHIAL CHURCH COUNCIL NOTES TO TrIE FINANCNL STATEMENTS- contlnued FOR THE YEAR ENDED 310ECEMBER 2022 22. MOVEMEKf IN FUNDS - contlnu8d Comparativ•4 for movement In funds Tran8f8r8 betwgen furKIs mtsvemènt in funds At 31.1221 At1.1.21 Unrestrlcted funds General fund Building furKI Designated repair Choir (D&S￿nated> Sunday Schtx)I IO•s(qnat•d) 307.777 4,618,167 41,345 93,490 35.698 {8721 13111 111,7111 389,556 4,653.865 50.473 10,000 311 12 10.715 ￿48 4,987,289 129,538 9.315 5,106,142 Restrkted funds Fabrtc, ffttings & fina art fund m￿Orts1 dl8pl8y fund Sunday sthool fund T(rty club fund Ch¢Jir fund Fl(werfund D3i8y Smith Lli8credonary fund Daisy Smilh MUS￿ & eduoation lJnd Homfrle￿ fuF Small Baint8 fund BeWry fund Bells fund AudK>fvi8ual fvnd 301 1.718 9.116 211 500 3,404 (504) 5,797 1.718 193 {9.3151 {2111 1678) 2,726 563 171 171 2.105 46 3,651 2.627 17293 121) 740 1149) 4,391 2.689 211 47 7Q6 3151 TOTAL FUNDS 5 014 995 Page 21 ## ## ## ## ## ## ## ## ## ## ## ## ## ##