2023-12-31-accounts - The Parochial Church Council Of The Ecclesiastical Parish Of St Mary With St Alban Teddington

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Incumbent		Reverend David Cloake (appointed 11 September 2023)
Assistant Priest		Reverend Mary Hawes
Associate Priest		Reverend Caroline Halmshaw (resigned 24 July 2023)
Churchwardens		Mrs Carla Maroussas
		Mr Robin Field-Smith (retired 25 April 2023)
		Mr Adam Woods (appointed 25 April 2023
Representatives	on	Mrs Hilary Adamson (resigned 25 April 2023)
Deanery Synod		Mr Malcolm Eady (re-elected 25 April 2023)
		Mr Nicholas de Mattos (elected 25 April 2023)
		Mrs Suzie Gordon (re-elected 25 April 2023)
		Mr Fred Squire (re-elected 25 April 2023) (Treasurer)
		Mrs Sarah Rae (elected 25 April 2023)
		Mrs Sue Stevens (resigned 25 April 2023)
Elected Members		Mrs Kay Cassidy (re-elected 25 April 2023)
		Mrs Ruth Chaperlin (re-elected 25 April 2023)
		Mr Anthony Cooper (retired 25 April 2023)
		Mr Christopher Darling
		Mrs Sophie Edgington
		Mr Nick Fenton
		Mr Robin Field-Smith (co-opted 21 September 2023)
		Mrs Jean Howard (elected 25 April 2023)
		Mrs Sidonie Kennan
		Mrs Katherine Matthews (Honorary Secretary)
		Mr Gareth Miller
		Mr James Morris

Dec-23		PGS	PGS	Barclays	Barclays	Barclays	CAF	CAF		Total	Total	Annual	Annual
													Value
	No.		Value	No.	Value		No.	Value	No.	Value
Monthly	71	f	4,291	65	f	2,688	10	f415	146	f	7,394	f	88,728
Quarterly	7	f	945	4	f	1,060			11	f	2,005	f	8,020
Annual	3	f	330						3	f	330	f	330
Total	81			69			10		160			f	97,078

		2023	2022
Church		216,471	248,976
Building	Anew	169,125
Hall		71,737	70,852
Parish Office —Administration		2,300	4,516
Total		459,633	324,164

	2023	2022
Church	238,252	224,988
Building Anew	9,078	47,146
Hall	57,916	58,978
Parish Office —Administration	47,022	45,752
Total	352,269	376,864

et Income
	2023	2022
Church	(21,781)	23,988
Building Anew	160,047	(47,146)
Hall	13,821	11,874
Parish Office —Administration	(44,722)	(41,236)
Total (deficit)/surplus for year	107,365	(52,700)
Gain (loss) on investments	12,987	(11,979)
Increase (decrease) in funds	120,352	(64,679)

				Note	Unrestricted	Restricted	TOTAL	FUNDS
					Funds	Funds	2023	2022
					E	E	E	E
INCOME AND ENDOWMENTS			FROM
Dontions, collections and legacies				2(a)	149,435	24,816	174,251	212,676
Charitable activities
Church activities				2(b)	81,811			80,143
Other trading activities				2(c)	10,786	169,125		9,429
Investments				2(d)	21,360			17,400
Other				2(e)		2,300		4,516
TOTAL INCOME					263,392	196,241	459,633	324,164
EXPENDITURE ON
Raising funds				3(a)	108		108
Charitable activities
Church activities				3(b)	302,626	40,037	342,663	367,960
Costs ofgenerating income
Fundraising trading costs				3(c)	3,742	2,358	6,100	4,409
Other				3(d)	3,397		3,397	4,495
					309,873	42,395	352,268	376,864
NET INCOME/(EXPENDITURE)					(46,482)	153,846	107,365	(52,700)
OTHER RECOGNISED GAINS AND LOSSES
Gain on revaluation of	investments				12,987	0	12,987	(11,979)
NET INCREASE (DECREASE) IN			FUNDS		(33,495)	153,846	120,352	(64,679)
BALANCES BROUGHT FORWARD AT
at 1January 2023					381,716	274,965	656,681	721,360
BALANCES CARRIED FORWARD			AT
at 31December 2023					348,221	428,811	777,033	656,681
Movements on unrestricted		funds comprise			General	Repairs	Total
BALANCES BROUGHT FORWARD AT					E	E	E
at 1January 2023					52,867	328,849	381,716
Net incoming (outgoing)	resources
Transfers out					(10,097)	(23,398) -	33,495
Transfers in					10,000	(10,000)
BALANCES CARRIED FORWARD			AT
at 31December 2023					52,770	295,451	348,221

				Note	2023	2022
FIXEDASSETS					E	E
Tangible fixed assets				4	247,648	258,104
Investments				5	146,275	133,288
CURRENT ASSETS
Debtors (including	prepayments		and accrued income)	6	30,459	16,405
Cash and short term deposits					360,885	255,831
					391,344	272,236
LIABILITIES
AMOUNTS FALLING DUE		WITHIN ONE YEAR			8,233	6,947
NET CURRENT ASSETS					383,111	265,289
TOTAL ASSETS LESS CURRENT			LIABILITIES		777,034	656,681
Liabilities:
amounts falling due after		more	than one year
NET ASSETS					777,034	656,681
Represented by
Unrestricted funds					348,221	381,716
Net book value of	church	hall improvements		4	247,196	257,422
Other					181,616	17,543
Restricted funds					428,811	274,965
Total funds					777,033	656,681

											Unrestricted	Restricted	Restricted	TOTAL	FUNDS
											Funds	Funds		2023	2022
											E	E		E
2	INCOMING	RESOURCES
2 (a)	Donations,	collections and legacies
	Planned giving										96,219			96,219	101,964
	Income tax	recoverable			on gift aid						22,520		68	22,587	25,961
	Collections	(plate)									30,167		211	30,379	47,447
	Donations										529	14,538		15,066	7,548
	Legacies														11,000
	Grants											10,000		10,000	18,755
											149,435	24,816		174,251	212,676
2(b)	Charitable activities
	Renta I income										72,562			72,562	72,277
	Charitable	events													1,208
	Courses and Youth			ministry							165			165	463
	Flowers										492			492
	Fees										8,592			8,592	6,195
											81,811			81,811	80,143
2 (c)	Other trading activities
	Fundraising	income		- Building		Anew						144,330		144,330
	Fundraising	income		- Building		Anew			- gift aid			24,795		24,795
	Fundra ising	events		- bazaar							8,036			8,036	6,327
	Fundraising	events		- Teddington			Bells				748			748	605
	Fundraising	events		- Sustainability				Festivals							933
	Fundraising	events		- other							972			973	720
	Parish social events										1,028			1,028	844
											10,786	169,125		179,911	9,429
2 (d)	Investments
	Flat 4 rental	income									14,156			14,156	14,235
	Bank interest										7,205			7,205	3,165
											21,360			21,360	17,400
2(e)	Other income
	Administration charge to Churches							Together		Teddington		2,300		2,300	4,516
												2,300		2,300	4,516
	Tota I income										263,392	196,241		459,633	324,164
	Total income relates			to
	Church										191,655	193,941		385,596	248,796
	Hall										71,737			71,737	70,852
	Pa rish office											2,300		2,300	4,516
											263,392	196,241		459,633	324,164
	Trustee and	related	party		donations				amounted	to				76,351	26,285

3	EXPENDITURE
					Unrestricted	Restricted		TOTAL	FUNDS
					Funds	Funds		2023	2022
					E	E		E	E
3(a)	Raising funds
	Stewardship				108			108
					108			108
3(b)	Charitable activities
	Donations - overseas						0		3,332
	Donations - UK				5,523	3,805		9,328	6,336
	Diocesan quota				125,600			125,600	122,000
	Activate and Community			Cafe expenses	1,922	1,730		3,652	5,933
	Churches Together		in Teddington			13,656		13,656	758
	Clergy expenses				156			156	692
	Charitable events
	Costs ofcurate				18,919			18,919	34,237
	Church ministry	other			2,280			2,280	2,906
	Church property				13,611		520	14,131	15,656
	Vicarage property				4,402	10,000		14,402	516
	Hall property				32,647	10,227		42,874	41,757
	Music				17,395			17,395	17,611
	Church newsletter				3,775			3,775	3,135
	Flowers				406			406	160
	Website and other		IT costs		2421			2,421	2,212
	Sunday school & Youth Ministry				72			72	465
	Parish office costs				44,601			44,601	43,540
	Church sanctuary				1,267		100	1,367	755
	Repairs to church				1,636			1,636	552
	Expenses re Church		development		6,720			6,720	47,146
	Repairs to hall				15,042			15,042	17,220
	Sequestration expenses				644			644	1,041
	Fees				3589			3,589
					302,626	40,037		342,663	367,960
3(c)	Fund raising trading costs
	Building Anew fundraising			costs		2,358		2,358
	Bazaar expeneses				1,051			1,051	1,597
	Sustainability expenses								330
	Other fundraising	expenses			75			75
	Teddington Bells				589			589	925
	Parish social events				2,027			2,027	1,557
					3,742	2,358		6,100	4,409
3(d)	Other
	Flat 4 expenditure				2,643			2,643	3,861
	Bank charges				754			754	634
					3,397			3,397	4,495
TOTAL	EXPENDITURE				309,873	42,395		352,268	376,864
	Total expenditure	can be		analysed as
	Personnel costs				54,018			54,018	49,797
	Depreciation				229	10,226		10,456	10,567
	Other				255,626	32,168		287,794	316,500
					309,873	42,395		352,268	376,864
	Total expenditure	relates		to
	Church				215,162	32,168		247,330	272,134
	Hall				47,689	10,227		57,916	58,978
	Parish office				47,022			47,022	45,752
					309,873	42,395		352,269	376,864

4	TANGIBLE	PIXED ASSETS	PIXED ASSETS
				Church	hall	Bells	Office
				&improvements			equipment	Total
				f				f
	Cost
	Balance	at 1st January 2023		513,365		7,702	5,450	526,517
	Additions/(Disposals)
	Balance	at 31st December 2023		513,365		7,702	5,450	526,517
	Depreciation
	Balance	at 1stJanuary 2023		255,943		7,702	4,769	268,414
	Charge for the year			10,226			229	10,455
	Balance	at 31st December 2023		266,169		7,702	4,998	278,869
	Balance	at 31st December 2023		247,	196		452	247,649
	Balance	at 31st December 2022		278,282			654	278,936
5	INVESTMENTS
				Blackrock		Newton	CCLA CBF	Total
						f	f	f
	Valuation
	Market value at 1stJanuary 2023			32,955		36,871	63,462	133,288
	Additions
	Disposals
	Unrealised	revaluation	at year end	1	921	3 092	7,974	12,987
	Market value at 31st		December 2023	34,876		39,962	71,436	146,275
	Historical cost
	Balance at 1stJanuary			22,326		18,797	63,462	104,585
	Additions
	Disposals
	Balance at 31st December 2023			22,326		18,797	63,462	104,585
6	DEBTORS
							2023	2022
							f
	Tax recoverable						29,193	13,312
	Prepayments	& other debtors					471	1,416
	Hall and fee income receivable						795	1,677
							30,459	16,405
7	CREDITORS: amounts		falling due within one year
							2023	2022
							f	f
	Accrued expenses						6,005	5,084
	Income received re following year						2,004	1,634
	Pensions						224	230
							8,233	6,947