| INDEX | ||
|---|---|---|
| Page | ||
| Annual Report |
1to7 | |
| Independent Examiner's |
Report | |
| Statement of Financial Activities |
||
| Balance Sheet | 10 | |
| Notes to Financial Statements | 11to20 |
| proved a |
re; | |||||
|---|---|---|---|---|---|---|
| Role | Name | Position | Stand Down | |||
| incumbent by Sequestration |
Rev Simon Taylor | Ex-officio | ||||
| Vicar on | sick leave | Rev Jenn Riddlestone | Resigned | August 2022 | ||
| Interim Priest | Rev John Baxter | |||||
| Lay Reader/LLM | Louisa Mason | Ex-officio | ||||
| Lay Reader/LLM | Alan Thain | Ex-officio | ||||
| Churchwarden/ | Lay Vice Chair | Peter Soar*¹ | Ex-officio | Annually | ||
| Churchwarden | Maura Howard*¹ | Ex-officio | Annually | |||
| Deanery | Synod | Rep | Louisa Mason | Elected (DS) | Resigned | August 2022 |
| Treasurer | Noel Fairbairn* | Co-opted | Annually | |||
| PCC Secretary | Julie Fox* | Co-opted | Annually | |||
| Member | Brian Baker* | Elected (PCC) | 2023 | |||
| Member | Hilary Bicknell | Elected (PCC) | 2023 | |||
| Member | Penelope Cave |
Elected (PCC) | 2023 | |||
| Member | Val Porteous | Elected (PCC) | 2024 | |||
| Member | Bill Kennedy | Elected (PCC) | 2024 | |||
| Member | Andrew Riddlestone |
Elected (PCC) | Resigned | August 2022 | ||
| Member | Jill Soar | Elected (PCC) | 2024 | |||
| Member | Jim Honeywood | Elected (PCC) | 2025 | |||
| Member | Simon Burchell | Elected (PCC) | 2025 | |||
| Member | Nicky Lee | Elected (PCC) | 2025 |
| Notes | Unrestricted | Restricted | Endowment | Total this year | Total last year | |||
|---|---|---|---|---|---|---|---|---|
| Funds | Funds | Funds | 2022 | 2021 | ||||
| 6 | ||||||||
| INCOME AND ENDOWMENTS | 3 | |||||||
| Donations and le games |
3.1 | 137/60 | 0 | 137,26D | 147,793 | |||
| Charitable activities |
3.2 | 15,008 | 0 | 15,0DB | 11,821 | |||
| Other dadlng activities |
||||||||
| Investment Income |
3.3 | 38+60 | 0 | 38,26D | 32,723 | |||
| Beperete malarial | item ofincome: | |||||||
| Other income | 3A | 100,572 | 0 | 100,572 | 84,040 | |||
| Total | 261,100 | 0 | 0 | 261,100 | 276,377 | |||
| EXPENDITURE | ON | |||||||
| Raising funds | 4.1 | |||||||
| Charitable activities |
4.2 | 156.989 | 0 | 158,989 | 188,258 | |||
| Beperete malarial | item ofexpense | |||||||
| Other expense | 4.3 | 95A41 | 0 | 0 | 95,441 | 93,902 | ||
| 264~ | 0 | 0 | 264,430 | 262,160 | ||||
| NET INCOME | 36,670 | 0 | 36,670 | -5,783 | ||||
| Gains ilcsses) on investrnenls | 100.000 | 0 | 1IXI,IXXI | |||||
| Extraonlinary items |
||||||||
| Transfers between funds |
||||||||
| NET MOVEMENT IN FUNDS |
136,670 | 0 | 0 | 136,670 | W763 | |||
| Reconciliation offunda: |
||||||||
| Total funds brought | forward | 1,003,725 | 1,734 | 0 | 1,005A59 | 1,011,242 | ||
| TOTAL FUNDS | CARRIED | |||||||
| FORWARD | 1,140,366 | 1,734 | 0 | 1,142,126 | 1,006,466 |
| Notes | Unrestricted | Restricted | Endowment | 31stDecember | 31st December | |||
|---|---|---|---|---|---|---|---|---|
| Funds | Funds | Funds | 2022 | 2021 | ||||
| E | E | f | f | E | ||||
| FIXEDASSETS | ||||||||
| Tangible assets | 9 | 946,644 | 0 | 0 | 946,644 | 851,372 | ||
| Total Fixed Assets | 946,644 | 0 | 0 | 946,644 | 851,372 | |||
| CURRENT ASSETS | ||||||||
| Debtors & prepayments | 10 | 12,682 | 0 | 0 | 12,682 | 22,735 | ||
| Cash at bank | 190,048 | 1,734 | 0 | 191,782 | 142,298 | |||
| Total Current Assets | 202,730 | 1,734 | 0 | 204,464 | 165,033 | |||
| CURRENT LIABILITIES | ||||||||
| Creditors &accruals: amounts |
||||||||
| falling due withm one | year | 11 | 8,979 | 0 | 0 | 8,979 | 10,946 | |
| Net Current Assets | 193,751 | 1,734 | 0 | 195,485 | 154,087 | |||
| Total Assets | ||||||||
| less Current | Liabilities | 1,140,395 | 1,734 | 0 | 1,142,129 | 1,005,459 | ||
| Creditors amount falkng due |
||||||||
| after one year | ||||||||
| Provisions for liabilities |
&charges | |||||||
| NET ASSETS | 1,140,395 | 1,734 | 0 | 1,142,129 | 1,005,459 | |||
| represented by: |
||||||||
| FUNDS OF THE CHARITY | 13 | |||||||
| General fund |
140,553 | 0 | 140,553 | 134,665 | ||||
| Designated funds Restricted income funds |
999,842 0 |
0 1,734 |
999,842 1,734 |
869,060 1,734 |
||||
| Endowment funds |
0 | 0 | 0 | |||||
| TOTAL FUNDS | 1,140,395 | 1,734 | 0 | 1,142,129 | 1,005,459 |
| Note 3.Income; all funds conso | lidated | ||||
|---|---|---|---|---|---|
| 2022 | 2021 | ||||
| 3.1 Donations and legacies |
|||||
| Donations - CAF, GAYE &trusts | 6,395 | 5,425 | |||
| Donations - gift aid monthly | 79,565 | 98,293 | |||
| Donations - no gift aid monthly | 4,676 | 5,016 | |||
| Donations - gift aid weekly | 0 | 130 | |||
| Donations - no gift aid weekly | 0 | 0 | |||
| Cash collections | 1,188 | 396 | |||
| One off gifts - gift aid | 20,DOO | 8,86D | |||
| One off gifis —no giR aid | 370 | 848 | |||
| Legacies | 0 | 2.000 | |||
| Tax recoverable 2020 | 25.066 | 137,260 | 26.823 | 147.793 | |
| 3.2 Charitable Activities |
|||||
| Cross hall hire | 11,235 | 1D,003 | |||
| Service fees | 2,166 | 1,432 | |||
| Special collections income |
1.470 | 0 | |||
| Special Projects activities | 137 | 15,008 | 386 | 11.821 | |
| 3.3Investment Income |
|||||
| Bank interest | 660 | 15 | |||
| Glovers House Flat 2 income | 6,800 | 8,700 | |||
| Glovers House Flat 3 inoome | 10.800 | 6.008 | |||
| 33Sunvale Avenue |
18.000 | 38,260 | 18,000 | 32.723 | |
| 3.4 Other In coins | |||||
| Rainbow fee income | 91.592 | 72.057 | |||
| Rainbow SCC Early Years Recovery Grant | 7,500 | 7,500 | |||
| Rainbow Coronavirus JRS grants |
0 | 2,837 | |||
| Rainbow other income | 480 | 1,646 | |||
| Guildford Diocese energy grant |
1,0DO | 0 | |||
| Church Coronavirus JRS grants |
0 | 100,572 | 0 | 84.040 | |
| 291,100 | 276,377 |
| Note 4.Expe | nditure; all funds consol |
idated | |||
|---|---|---|---|---|---|
| 2021 | |||||
| 6 | 8 | ||||
| 4.1 COST OF RAISING FUNDS | |||||
| Stewardship costs |
|||||
| 4.2a MINISTRY | EXPENSES | ||||
| Parish Contrlba8on to Diocese |
70,319 | 83,001 | |||
| Salaries & NIC | |||||
| Youth &Children's | Minister | 7,483 | 31,252 | ||
| Church Administrator | 21,125 | 18,514 | |||
| Pension eontrlbullans | 709 | 1,274 | |||
| Payroll bureau | 540 | 29,857 | 608 | 51,648 | |
| Personal Expenses | |||||
| Vicar | 0 | 25 | |||
| Curate &ardmands | 0 | 218 | |||
| Youth &Children's | Minister | 45 | 45 | 341 | 584 |
| Parish Ministry | |||||
| Church Services | |||||
| Warship 6 musie group | 469 | 501 | |||
| PubIelty 3 website | 431 | 474 | |||
| Clergy fees | 179 | 249 | |||
| Speakers fees, gBls. travel Upkeep af Service~Ouoseeb |
0 695 |
1,774 | 85 1,239 |
2,548 | |
| Community resoun |
es | 100 | 0 | ||
| Social & Hospitality | 423 | 165 | 185 | ||
| Youth &Cfrikbene | work | ||||
| Noah's Ark |
0 | 120 | |||
| Chlklren's work |
0 | 418 | |||
| Breakout | 268 | 667 | |||
| Rainbow pre-school | 462 | 460 | |||
| Uquld | 0 | 26 | |||
| Training, backs 3 resources |
0 | 730 | 80 | 1,771 | |
| Training. books & | materials | ||||
| Ordinand training grants |
1,081 | 1,081 | |||
| Training - courses, | accom & travel | 120 | 58 | ||
| Hooks and resource | rnaterwls | 244 | 1,445 | 170 | 1,309 |
| lalssion & Qlvlng |
|||||
| Specrel callectians | payments | 1.470 | |||
| Home | 4.4&2 | 4,998 | |||
| Overseas | 8.664 | «,616 | 10,007 | 15,005 | |
| Church Office | |||||
| 0llhe telephone | 454 | 365 | |||
| Ollhe sundry coals | 53 | 78 | |||
| Copy costs and paper supp6es | 637 | 513 | |||
| Bank charges | 96 | ||||
| Postage &carnage | 71 | ||||
| Stationery 3 office equipment | 76 | 88 | |||
| Computer expenses | &schwa re | 1,292 | 1,729 | ||
| Staff recruitment & |
DBSchecks | 1,018 | 10 | ||
| independent Examiner fee |
1,230 | 1,200 | |||
| Oeprealatlon ofassets |
4,728 | 9,604 | 4,728 | 8,878 |
| Note 4.Expenditure (con |
tinued); all f |
unds consolidat | ed | |||
|---|---|---|---|---|---|---|
| 2022 | 2021 | |||||
| 4.2b PROPERTY EXPENSES | ||||||
| Church Property Expenses | ||||||
| Repairs 8 maintenance | 1.560 | 2,353 | ||||
| Ctuinquenniel Inspection |
0 | 1,238 | ||||
| Cleaning | 1,452 | 1,240 | ||||
| Electricity | 1,373 | 609 | ||||
| Gas | 4,348 | 2,047 | ||||
| Water | 96 | 34 | ||||
| Insurance | 2.131 | 10,960 | 1,732 | 9,253 | ||
| CROSS Property Expenses | ||||||
| Electricity | 2,150 | 1,903 | ||||
| Gas | 1,751 | 941 | ||||
| Water | 463 | 812 | ||||
| Insurance | 1,421 | 1,744 | ||||
| Cleaning | 2.733 | 2,371 | ||||
| Repairs 8 maintenance | 7.418 | 15,936 | 756 | 8,527 | ||
| Other Property Expenses | ||||||
| Flat 2 | 1,000 | 628 | ||||
| Flat 3 | 1.110 | 3,037 | ||||
| Vicarage | 686 | 328 | ||||
| Sunvale - repairs &maintenance |
384 | 3,180 | 1,356 | 5,549 | ||
| 30,076 | 23,329 | |||||
| 4.3OTHER EXPENSES | ||||||
| Rainbow admin, fees, training | 761 | 1,395 | ||||
| Rainbow equipment, materials, |
stationery | 1,984 | 1,774 | |||
| Rainbow food and milk |
12 | 60 | ||||
| Rainbow salaries. NIC and payroll costs | 77,257 | 76,513 | ||||
| Rainbow - other expenses | 15,427 | 14,180 | ||||
| 95,441 | 93,902 |
| Note 4. Expenditure | Note 4. Expenditure | (continued); | (continued); | all | funds | consolidated | |
|---|---|---|---|---|---|---|---|
| 2022 | 2021f | ||||||
| EXPENDITURE SUMMARY | |||||||
| 4.1Cost of Raising | Funds | ||||||
| 4.2Charitable Activities |
|||||||
| 4.2a Ministry expenses | 128,913 | 184.929 | |||||
| 4.2b Property expenses | 30,076 | 23.329 | |||||
| 158,989 | 188.258 | ||||||
| 4.3Other Expenses | 95,441 | 93,902 | |||||
| Total expenditure | 254,430 | 282,160 | |||||
| 5.SUPPORT COSTS | 2022 | 2021 | |||||
| Total support costs | 0 | 0 | |||||
| 6.DETAILS OF CERTAIN ITEMS OF EXPENDITURE | |||||||
| 6.1 Trustee Expenses | |||||||
| Details ofthe amount ofany payment | or reimbursement | of out- | |||||
| of-pocket expenses made to trustees |
or toa third | party | for | ||||
| expenses Incurred by trustees |
ln the | performance | oftheir duties. | ||||
| 2022 | 2021 | ||||||
| 8 | |||||||
| Number oftrustees who were paid expenses |
0 | 3 | |||||
| Vicar | 0 | 25 | |||||
| Curate | 0 | 218 | |||||
| Youth worker | 0 | 0 | |||||
| 80 | 5243 | ||||||
| 6.2Independent Examination |
fees | ||||||
| 2022 | 2021 | ||||||
| 8 | |||||||
| Independent Examlnafion |
fees | 81,230 | 81,200 |
| 7.1 StaffC | osts | ||
|---|---|---|---|
| 2022 | 2021 | ||
| PCC | 8 | ||
| Wages &salaries | 26,555 | 45,931 | |
| Employer's | NIC | 2,053 | 3,835 |
| Employer's | pension contributions | 709 | 1,274 |
| 29,317 | 51,040 | ||
| RAINBOW | |||
| Wages &salaries | 74,194 | 73,525 | |
| Employer's | NIC | 95 | 0 |
| Employer's | pension contribufions | 2,058 | 2,014 |
| 76,347 | 75,539 | ||
| 8105,664 | 8126,579 |
| 7.2Staff Numbers | 7.2Staff Numbers | |||
|---|---|---|---|---|
| Average number of employees |
engaged | |||
| in each ofthe following | activities: | |||
| 2022 | 2021 | |||
| Fundra ising | 0 | 0 | ||
| Charitible Activities |
1 | 2 | ||
| Governance | 0 | 0 | ||
| Rainbow | 4 | 5 |
| g.TANGIBLE ASSETS | |||||
|---|---|---|---|---|---|
| Leasehold | Freehold | Office | Fixtures and | Tatal | |
| Property | Property | Equipment | Fitfings | ||
| 1stJanuary 2022 b/fwd | 38D,DOO | 45D,DOO | 3,500 | 17,872 | 851,372 |
| Additions | 0 | 0 | 0 | 0 | 0 |
| Revaluations | 0 | 10D,DOO | 0 | D | 10D,DOO |
| Disposals | 0 | 0 | 0 | 0 | 0 |
| Depredation | 0 | 0 | 1,750 | 2,978 | 4,728 |
| 31st December 2022 cffwd | 380,000 | 550,000 | 1,750 | 14,894 | 946,644 |
| 10.DEBTO | RS AND | PREPAYMENTS | ||
|---|---|---|---|---|
| 2022f | 2021 | |||
| Recoverable | Gilt Aid | 2,926 | 12,042 | |
| Prepayments | and accrued income | 9,756 | 10,693 | |
| 12,682 | 22,735 | |||
| 11.CREDITORS AND | ACCRUALS | |||
| Amounts falling due within one year |
2022 | 2D21 | ||
| E | ||||
| Accrual s and | deferred | income | 8,979 | 10,946 |
| 8,979 | 10,946 |
| 13.SUMMAR | 13.SUMMAR | Y OF FUNDS AND MOVEMEN | Y OF FUNDS AND MOVEMEN | Y OF FUNDS AND MOVEMEN | TS | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| The following | funds were In existence during | the year and | showed | movements: | |||||||||||
| Fund name | Type of fund Use of fund |
||||||||||||||
| Organ Fund | Restricted | Repair and maintenance | ofchurch organ | ||||||||||||
| Glovers | Flats | Designated | Market value oftwo ilats | owned | by the | church | |||||||||
| Sunvals | Designated | Market value of residential | property owned |
by | the church | ||||||||||
| Rainbow | Nursery | Designated | To provide working |
capital | for | running | of nursery school | ||||||||
| Special | Projects | Designated | Special projects | es speciged by | PCC from | time to time | |||||||||
| Genera I |
Fund | Undesignated General purposes |
|||||||||||||
| Classittcation | ofFunds | ||||||||||||||
| Restricted | Donations | given fora specific purpose; | funds can | be | used only for this purpose. | ||||||||||
| Designated | General donations which |
the PCC wishes | to earmark | for particular | uses and | ||||||||||
| which can | be reallocated | by them as the | need arises. | ||||||||||||
| Undesignated | General donations which |
are used for any charitable | activity. | ||||||||||||
| Movements | in | Funds 2022 | |||||||||||||
| bi forward | Income Revaluation |
Expenditure | Transfers | clforward | |||||||||||
| Fund name | 01.01.22 f |
f | f | 31.12.22 f |
|||||||||||
| Organ | 1,734 | 0 | 0 | 0 | 0 | 1,734 | |||||||||
| Glovers | 38D,OOO | 0 | 0 | 0 | 0 | 38O,ODD | |||||||||
| Sunvale | 450.000 | 0 | 100,000 | 0 | 0 | 550,000 | |||||||||
| Rainbow | 6.507 | 99,572 | 0 | 95.440 | 0 | 10,639 | |||||||||
| Projects | 32,553 | 26,650 | 0 | 0 | 0 | 59,203 | |||||||||
| General | 134.665 | 164,878 | 0 | 158.990 | 0 | 140,553 | |||||||||
| 1,005.459 | 291,100 | 100,000 | 254.430 | 0 | 1,142,129 | ||||||||||
| Movements | in | Funds 2021 | |||||||||||||
| blforward | Income Revaluation |
Expenditure | Transfers | clforward | |||||||||||
| Fund name | 01.01.21 | 31.12.21 | |||||||||||||
| f | f | f | |||||||||||||
| Organ | 1.734 | 0 | 0 | 0 | 0 | 1,734 | |||||||||
| Glovers | 380.000 | 0 | 0 | 0 | 0 | 380,000 | |||||||||
| Sunvals | 45D,OOO | 0 | 0 | 0 | 0 | 45O,ODD | |||||||||
| Rainbow | 15.370 | 84,040 | 0 | 93.903 | 0 | 6,507 | |||||||||
| Projects | 30,742 | 1,811 | 0 | 0 | 0 | 32,553 | |||||||||
| General | 132,396 | 190,527 | 0 | 188,258 | 0 | 134,665 | |||||||||
| 1,011,242 | 276,378 | 0 | 282,161 | 0 | 1,005,459 |
| As Rainbow | is wholly | owned by the StStephen's | owned by the StStephen's | Church, | ils accounts | are fully consolidated | with those afthe Church. |
|---|---|---|---|---|---|---|---|
| 2022 | 2021 | ||||||
| 8 | 8 | ||||||
| Income from | external | sources | 92,072 | 76,540 | |||
| SCC Early years Recovery Fund Grant | 7,500 | 7,500 | |||||
| 99,572 | 84,040 | ||||||
| Expenditure | on external | Items | 83,899 | ||||
| Rent for Crass Hall paid | to StStephen's | 11,115 | 10,003 | ||||
| 95,441 | 93,902 | ||||||
| Deficit for the year | 4.131 | -9,862 | |||||
| 14.2CROSS Hall | |||||||
| 2022 | 2021 | ||||||
| Rent received externally | 120 | 0 | |||||
| Rent received fram Rainbow | 11,115 | 10,003 | |||||
| 11,235 | 10,003 | ||||||
| Maintenance | and repairs | 7.418 | 756 | ||||
| Gas, electricity and water | 4,364 | 3,656 | |||||
| Insurance | 1,421 | 1,744 | |||||
| Cleaning end |
waste | dispasal | 2,733 | 2,371 | |||
| 15,936 | 8,527 | ||||||
| Deficit (2021 | surplus) | for | the year | 4,701 | 1,476 |
| Unrestricted | Restricted | Endowment | Total | ||
|---|---|---|---|---|---|
| Funds | Funds | Funds | 2021 | ||
| Income and Endowments | 8 | 8 | |||
| Donations and legatee |
147,793 | 0 | 0 | 147,793 | |
| Charitable activities |
11,821 | 0 | 0 | 11,821 | |
| Investment income |
32,723 | 0 | 0 | 32,723 | |
| Other income | 84,040 | 0 | 0 | 84,040 | |
| Total | 276,377 | 0 | 0 | 276,377 | |
| Expenditure on |
|||||
| Raising funds | 0 | 0 | 0 | ||
| Charitable activities |
188,258 | 0 | 188,258 | ||
| Other expenses | 93.902 | 0 | 93,902 | ||
| Total | 282,180 | 0 | 0 | 282,180 | |
| Net Income | -5.783 | 0 | -5.783 | ||
| Gains (losses) on investments | 0 | 0 | 0 | ||
| Net movement in funds |
-5.783 | 0 | 0 | -5.783 | |
| Funds brought forward |
1.009,508 | 1,734 | 0 | 1.011,242 | |
| Total funds carried farward | 1,003,725 | 1,734 | 0 | 1,005,459 |