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|INDEX|||
|---|---|---|
|||Page|
|Annual
Report||1to7|
|Independent
Examiner's|Report||
|Statement
of Financial Activities|||
|Balance Sheet||10|
|Notes to Financial Statements||11to20|
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|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||
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|||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|
##
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|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|