2022-12-31-accounts

he year and up to the date	ofthis report (unles	s indicated otherwise) are set out below:
ExOfficio Members of	the PCC	Elected Members
Rev Duncan Hill-Brown	(Vicar + Chair)	Sarah Sasse (Lay Chair)
Richard Brooker (Curate)	from 25/06/22	Andy Carswell (Hon Treasurer)
Derek Timms (Church Warden)		Colin Revans (Hon Secretary)
Lisa Maines (Church Warden)		David Archer (resigned 15n May 2022)
		Stephen Street
Elected Members ofthe	Deanery Synod	Heather Tomson (resigned 15'"May 2022)
Carol Linfield		Peter Marshall
Caroline Egan		Richard Arbuthnot (Co-opted 16'" May
		2022

for the year ended	31 Dec	e	mber	2022
					General	Designat	Restricted	Endowm	2022	2021
				Notes	Fund	-ed Funds f	Funds f	wnt Funds	Total f	Totalf
Income and endowments		from:
Donations and legacies				2a	210,938	226,610	57,822	0	495,369	408,72)
Charitable activities				2b	7,087	2,078	9,149	0	18,314	2,01.'
Other trading activities				2c	34,131	510	15,512	0	50,153	21,72(
Investments				2d	573			0	573	2,04(
Other				2e				0	0	22'
Total Income and	Endowments				252,730	229,197	82,483	0	564,410	434, 72(
Expenditure on:
Raising funds				3a	20,201	125	14,506	0	34,832	13,61t
Charitable activities				3b &19	176,109	(5,027)	62,963	0	234,044	2,916,92t
Other				3c	2,376	0	0	0	2,376	2,04(
Total Expenditure					198,686	(4,903)	77,469	0	271,252	2,932,58'
Net income/(expenditure)		before		transfers	54,044	234,100	5,014	0	293,157	(2,497,855,
Transfers between	funds				0	(143,380)	143,380	0	0
Net income I(expenditure)					54,044	90,720	148,394	0	293,157	(2,497,855,
Other recognised Endowment fund	gains (+)		/losses (-) 11816		0	0	0	(1,540)	(1,540)	1,65.'
Net movements in	funds				54,044	90,720	148,394	(1,540)	291,617	(2,496,200,
Total funds brought forward			1 January		60,287	68,036	(458,247)	13,143	(316,780)	2,179,42(
				16,17&18
Total funds carried forward			31 December		114,331	158,756	(309,853)	11,603	(25,163)	(316,780,

	BALANCE SHEET	BALANCE SHEET	AS AT	31 DECEMBER 2022	31 DECEMBER 2022
						2022		2022		2021	2021
						F.	6			E	6
					Notes
Fixed	assets
	Residual land next 6 Manor Rd								1		1
	Endowment	Fund held by Diocese						11,603			13,143
Current assets
	Debtors				12	17,342				14,069
	Deposit Accounts
	HSBC	Deposits				288,555				111,730
	Diocesan Decoration			Fund			377			377
						288,932				112,107
	Current Accounts
	Church	General				6,472				28,227
	Church	Expenditure				6,152				3,540
	Friendship Club						0			0
	Buillding					92,904				151,670
	Bank Accounts					105,528				183,436
	Cash in Hand						109			30
						105,636				183,466
	Total current	assets				411,909				309,642
	Creditors:
	amounts falling due within one year				13	(269,677)				(249,566)
Net current assets								142,233			60,075
Total	assets less current		liabilities					153,837			73,220
Creditors:
amounts falling due after			more than one year		14		(179,000)				(390,000)
Net assets								(25,163)			(316,780)
Funds
	Unrestricted	(General and		Designated)	16&17			273,087			128,323
	Restricted				16to18		(309,853)				-458,247
	Endowment				4,11 &16			11,603			13,143
Total	Funds							(25,163)			(316,780)
Approved by the Parochial			Church	Council on 13th February 2023			signed	on its	behalf	by:
					&p'
					Reverend	Duncan	Hill-Brown
Hon Treasurer					Chairman

			2022	2021
		Note	E	5
Net cash flow from operating activities		19	309,422	(2,386,532)
Rents received from investment properties
Interest receivable			573	2,048
Receipts from sales ofinvestments
Net cash flow from investing	activities		573	2,048
Long term loans received (net)			(211,000)	345,000
Net cash flow from financing	activities		(211,000)	345,000
Net increase I(decrease) in cash and cash equivalents			98,995	(2,039,484)
Cash and cash equivalents at	start ofyear		295,573	2,335,057
Cash and cash equivalents	at end ofyear		394568	295573
Cash and cash equivalents	consists of:
Cash at bank and in hand			105,636	183,466
Short term deposits			288,932	112,107
Cash and cash equivalents	at end year		394568	295 573

4	Interest from endowment fund	Interest from endowment fund	Interest from endowment fund			2022 f -345	2022 f -345	2022 f -345	2021 f -334
	This arises from a holding of 562 CBFincome			shares	given by a	parishioner in 1957.The
	capital has to be retained as a permanent		endowment		fund held	by	the Diocese on behalf		of
	the PCC, which is entitled only to use the income. This income may						be used for unrestricted
	purposes.
	Support Costs
	Of the support costs	shown in Note 3, building		upkeep and running			costs are allocated	by
	estimated usage, and office and governance costs by estimated					office time input, as follows:.
							2022		2021
	Raising funds	St Philip's upkeep	& running		costs		20%		20%
		StJames's upkeep &running			costs		20%		20%
		Administration, office		costs &governance			20%		20%
	Charitable activities	St Philip's upkeep	& running		costs		80%		8P%
		StJames's upkeep	&running		costs		8P		80%
		Administration, office		costs &governance			8P%		80%
8	Staff costs
							2022f		2021
	Wages and salaries						37,934	28,824
	Social security costs						0		128
	Pension costs						2,086		1,585
							40,021	33,642
7	Staff numbers and information
							2022		2021
	Head count (average	over the year)					2.79		2.00
	Full time equivalents	(average over the year)					1.73		1.33

12	Debtors								2022f	2021
	Gift aid and GASDS	due (general fund)							9,449	8,649
	Outstanding booking	invoices and items		not yet banked					1,921	0
	End year gifts, interest and gift aid due (designated				funds)				1,838	2,439
	End year gifts and gift aid due (restricted			funds)					2,433	1,391
	Prepayments (insurance etc)								1,701	1,591
									17,342	14,069
13	Creditors: amounts	falling due within		one year					2022	2021
	Building Project final	payments							(102,615)	(156,074)
	Giving for Mission Beyond the Parish (balance carried forward)								(3,233)	(4,736)
	Other creditors and accruals								(22,828)	(13,756)
									(128,677)	(174,566)
	Concessionary loans	from members	ofthe congregation			to	be
	repaid by 31 December 2023								(91,000)	(5,000)
	Concessionary loan from 3rd Party Church to be repaid					by 31
	December 2023								(50,000)	(70,000)
	Total								~7269677	~, 249.966
14	Creditors: amounts	falling due after more than			one year
									2022	2021f
	Concessionary loans	from members	ofthe congregation						(29,000)	( 90,000)
	Loan from a 3rd party church								(150,000)	(300,000)
									(179,000)	(390,000)
15	ANALYSIS OF NET	ASSETS BYFUND
	at 31 Dec 2022 (see	Note 11)		General	Designat			Restricted	Endowm	Total
				Fundf	-ed Funds f			Funds f	wnt Funds f
	Fixed Assets
	Endowment Fund	(held by Diocese)							11,603	11,603
	Residual land next 6 Manor Rd									1
									11,603	11,604
	Current Assets
	Debtors (Note 12)			13,071			1,838	2,433		17,342
	Bank Balances			127,321		156,918		110,329		394,568
	Current Liabilities	(Note 13)		(26,061)			0	(243,615)		(269,677)
	Net Current Assets			114,331		158,755		(130,853)		142,233
	Creditors:(amounts
	falling due after more than one yes							( 179,000)		( 179,000)
	Total Funds			114,331		158,756		(309,853)	11,603	( 25,163)

16	Unrestricted funds	Unrestricted funds		31December			2022		31 December
				2021	Income	Ex enditure		Transfers	2022
General fund:
	Current Assets			78,779					140,392
	Current Liabilities			(18,492)					(26,061)
	Net Current Assets			60,287	252,730		198,686	0	114,331
	Fixed Asset
Total General Fund				60,287	252,730		198,686		114,331
Designated funds
	Building Project (designated)			64,904	214,520	-	7,264 -	143,380	143,308
	Child and Family Ministry			3,132	12,600		1,182	0	14,550
	Sus Timms Memorial				2,078		1,179	0	898
	Current Assets			68,036	229,197	-	4,903 -	143,380	158,756
	Current Liabilities
	Net Current Assets			68,036	229,197	-	4,903 -	143,380	158,756
	Creditors: amounts		falling
due	after more than one		year
	Fixed Asset (see Note 11)
	Total Designated	funds		68,037	229,197	-	4,903 -	143,380	158,757
Total Unrestricted Funds				128,324	481,927		193,783 -	143,380	273,088
17	Restricted funds			31December			2022		31December
				2021	Income	Ex enditure		Transfers	2022
PCC	funds
	St Philip's Building	Project		0	50,897		50,897
	Loans Fund			-465,000				145,000	( 320,000)
	Youth Ministry			3,608	4,925		5,869		2,664
	Sub-total			-461,392	55,822		56,766	145,000	(317,336)
Special appeal funds
	Byumba cards				60		60
	Christian Aid lunches
	Goodwill children's	homes
	St Basils
	Sub-total				60		60
Other restricted funds
	Church furnishing
	Diocesan decoration		fund	377					377
	Fair Trade
	Fun Run			681	15,452		14,503		1,629
	Hardship fund			2,016	3,010		2,140		2,886
	Children's Activities
	Nominated gifts			71	6,139		3,578	1,620	1,013
	Ukrainian Activities				2,000		422		1,578
	Sub-total			3,145	26,601		20,643	(1,620)	7,482
	Net Current Assets			-458,248	82,483		77,469	143,380	( 309,854)
	Fixed Asset
Total Restricted Funds				-458,248	82,483		77,469	143,380	(309,854)
	Endowment Fund			31December			Revaluation		31December
	CBFIncome Shares			13,143			(1,540)		11,603
				page	un	ovemen s

16A Unrestricted funds	16A Unrestricted funds		31Dec2020		2021		31Dec 2021
				Income	Ex enditure	Transfers
General fund:
Current Assets			51,655				78,779
Current Liabilities			(10,136)				(18,492)
Net Current Assets			41,518	187,722	168,953		60,287
Fixed Asset
Total General Fund			41,518	187,722	168,953		60,287
Designated funds
Building Project (designated)			1,020,235	205,096	1,580,427	420,000	64,904
Child and Family Ministry				3,132			3,132
Current Assets			1,020,235	208,228	1,580,427	420,000	68,036
Current Liabilities
Net Current Assets			1,020,235	208,228	1,580,427	420,000	68,036
Creditors: amounts		falling
due after more than one		year
Fixed Asset (see Note 11)
Total Designated	funds		1,020,236	208,228	1,580,427	420,000	68,037
Total Unrestricted Funds			1,061,755	395,950	1,749,381	420,000	128,324
17A Restricted funds			31Dec2020		2021		31Dec 2021
				Income	Ex enditure	Transfers
PCC funds
St Philip's Building	Project		1,148,453	32,884	1,181,336
Loans Fund			( 45,000)			420,000	( 465,000)
Youth Ministry				3,750	142		3,608
Sub-total			1,103,453	36,634	1,181,479	(420,000)	461,392
Special appeal funds
Byumba cards				60	60
Christian Aid lunches			49		49
Goodwill children's	homes		118	70	188
St Basils
Sub-total			167	130	297
Other restricted funds
Church furnishing
Diocesan decoration		fund	377				377
Fair Trade
Fun Run			931		250		681
Hardship fund			709	1,556	250		2,016
Children's Activities
Nominated gifts			540	459	927		71
Sub-total			2,557	2,015	1,427		3,145
Total Restricted Funds
Net Current Assets			1,106,177	38,779	1,183,203	( 420,000)	( 458,248)
Total Restricted Funds			1,106,177	38,779	1,183,203	(420,000)	(458,248)
Endowment Fund			31Dec 2020		Revaluation		31 Dec 2021
CBF Income Shares					55		13,143

	NOTES TO THE FINANCIAL ST	ATEME	for the yea	r ended 3	1 December	2022
18	Analysis ofgrants
		Mission and		Overseas	Home	Other	Total
	GIVING FROM GENERAL FUNDKhurch		Overseas	Relief	Missions
	Mission Beyond the Parish		6	6	6
	Church Mission Society (support for Yanez		4,000				4,000
	Grassroots Rwanda (David Dale Shyogwe		4,000				4,000
	Reachout Network				4,000		4,000
	Shine Youth				4,000		4,000
	DEC Afghanistan Appeal			1,000			1,000
	The Children's Society (Christingle	costs)					0
	Total Payments 2022 - General funds		8,000	1,000	8,000		17,000
	RESTRICTED GIFTS
	Friends ofByumba Trust (cards)		60				60
	Christian Aid lunches						0
	Goodwill Children's Homes (cards)
	Children's Society (Christingle)			466			466
	Salvation Army				554		554
	Support from Hardship Fund				2 140		2,140
	Total Payments 2022 -Restricted	funds	60	466	2,694		3,220
	Change in MPB reserve						-1,503
	Total Grants - 2022		8,060	1,466	10,694		18,717
18A	Analysis of grants - comparative	figures	for 2021
		Mission and		Overseas	Home	Other	Total
	GIVING FROM GENERAL FUNDKhurch		Overseas	Relief	Missions
	Mission Beyond the Parish		6	6	6		f
	Christians Against Poverty				1,250		1,250
	Church Mission Society (support for Yanez		3,750				3,750
	CPAS Falcon Camps				1,875		1,875
	Grassroots Rwanda (David Dale Shyogwe		3,125				3,125
	Fund for the Needy (Widows of Dornakel)			2,500			2,500
	The Children's Society (Christingle	costs)					0
	Total Payments 2020-General funds		6,875	2,500	3,125		12,500
	RESTRICTED GIFTS
	Friends of Byumba Trust (cards)		60				60
	Christian Aid lunches			49			49
	Goodwill Children's Homes (cards)			188			188
	Children's Society (Christingle)
	Salvation Army				925		925
	Support from Hardship Fund					250	250
	Total Payments 2020 -Restricted	funds	60	237	925	250	1,472
	Change in MPB reserve						1,503
	Total Grants - 2020		6,935	2,737	4,050	250	15,081