| INDEX | |||
|---|---|---|---|
| Page | |||
| Annual Report |
1to7 | ||
| Independent | Examiner's | Report | |
| Statement of | Financial | Activities | |
| Balance Sheet | 10 | ||
| Notes to Financial Statements | 11to20 |
| CC mem pproved |
bers w are: |
ho have served a | t any time from 1stJanu | ary 2023 until the | date this report was |
|---|---|---|---|---|---|
| Role | Name | Position | Stand Down | ||
| Vicar | Rev Tim Radcliffe*¹ | Ex officio | |||
| Interim | Priest | Rev John Baxter | 15June 2023 | ||
| Lay Reader/LLM | Louisa Mason | Ex officio | Resigned 7July 2023 | ||
| Lay Reader/LLM | Alan Thain | Ex officio | |||
| Lay Reader/LLM | Sarah Weldon | Ex officio | |||
| Churchwarden/ | Lay Vice Chair | Peter Soar*¹ | Ex-officio | Annually | |
| Churchwarden | Maura Howard'¹ | Ex-officio | Annually | ||
| Deanery | Synod | Rep | Jean Leston | Elected (DS) | 2024 |
| Deanery | Synod | Rep | Fiona Short | Elected (DS) | 2024 |
| Treasurer | Noel Fairbairn' | Co-opted | Annually | ||
| PCC Secretary | Julie Fox* | ||||
| 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 | Jill Soar | Elected (PCC) | 2024 | ||
| Member | Jim Honeywood | Elected (PCC) | 2025 | ||
| Member | Simon Burchell | Elected (PCC) | 2025 | ||
| Member | Nicky Lee | Elected (PCC) | 2025 | ||
| Member | Jane Saunders | Elected (PCC) | 2026 | ||
| Member | Jane Harding | Elected (PCC) | 2026 | ||
| Member | Robert Noble | Elected (PCC) | 2026 |
| Notes | Unrestricted | Restricted | Endowment | Total | this yssr | Total last year | |||
|---|---|---|---|---|---|---|---|---|---|
| Funds | Funds | Funds | 2023 | 2022 | |||||
| E | g | f | E | ||||||
| INCOME AND ENDOWMENTS | 3 | ||||||||
| Donations and legacies | 3.1 | 156,007 | 0 | 156,067 | 137,260 | ||||
| Charitable activities |
l3,597 | 6 | 13,597 | 15,008 | |||||
| Other Irading activities |
|||||||||
| Investment income |
42,594 | 0 | 42,594 | 38,260 | |||||
| Separate material | item ofincome: | ||||||||
| Other income | 3.4 | 66,467 | 6 | 68,467 | 100,572 | ||||
| Total | 300,665 | 0 | M0,655 | 291,100 | |||||
| EXPENDITURE | ON | ||||||||
| Raising funds | 4.1 | ||||||||
| Charitable activities |
190,580 | 6 | 190,560 | 158,989 | |||||
| Separate material | item ofexpense | ||||||||
| Other expense | 84,359 | 6 | 84,359 | 95,441 | |||||
| 274,919 | 0 | 274,919 | 254,430 | ||||||
| NET INCOME | 25,746 | 6 | 25,746 | 36,670 | |||||
| Gains (losses) on investments | 50.000 | 6 | 50,066 | 100000 | |||||
| Extraordinary items |
|||||||||
| Transfers betvveen |
funds | ||||||||
| NET MOYEMENT IN FUNDS |
75,746 | 6 | 75,745 | 136670 | |||||
| Reconciliation offunds: |
|||||||||
| Total funds brought | fonA&ard | 1,140,395 | 1,734 | 6 | 'I,142,129 | 1,665,459 | |||
| TOTAL FUNDS | CARRIED | ||||||||
| FORWARD | 1&216&141 | 1,734 | 0 | 1,217,975 | 1,142,129 |
| Notes | Unrestricted | Restricted | Endowment | 31st December | 31st December | |||
|---|---|---|---|---|---|---|---|---|
| Funds | Funds | Funds | 2023 | 2022 | ||||
| E | E | E | E | |||||
| FIXEDASSETS | ||||||||
| Tangible assets | 991,916 | 0 | 991,916 | 946,644 | ||||
| Total Fixed Assets | 991,916 | 0 | 991,916 | 946,644 | ||||
| CURRENT ASSETS | ||||||||
| Debtors & prepayments | 10 | 12,081 | 0 | 12,081 | 12,682 | |||
| Cash at bank | 221,132 | 1,734 | 0 | 222,866 | 191,782 | |||
| Total Current Assets | 233,213 | 1,734 | 0 | 234,947 | 204,464 | |||
| CURRENT LIABILITIES | ||||||||
| Creditors &accruals: amounts |
||||||||
| falling due within one | year | 8,988 | 0 | 8,988 | 8,979 | |||
| Net Current Assets | 224,225 | 1,734 | 0 | 225,959 | 195,485 | |||
| Total Assets | ||||||||
| less Current | Liabilities | 1,216,141 | 1,734 | 0 | 1,217,875 | 1,142,129 | ||
| Creditors: amount falling due |
0 | 0 | ||||||
| after one year | ||||||||
| Provisions for liabilities |
&charges | 0 | 0 | 0 | ||||
| NET ASSETS | 1,216,141 | 1,734 | 0 | 1,217,875 | 1,005,459 | |||
| represented by: |
||||||||
| FUNDS OF THE CHARITY | 13 | |||||||
| General fund | 128,045 | 0 | 0 | 128,045 | 151,247 | |||
| Designated funds |
1,088,096 | 0 | 0 | 1,088,09b | 989,148 | |||
| Restricted income funds |
0 | 1,734 | 0 | 1,734 | 1,734 | |||
| Endowment funds |
0 | 0 | 0 | 0 | ||||
| TOTAL FUNDS | 1,216,141 | 1,734 | 0 | 1,217,875 | 1,142,129 |
| Note 3 Income; all funds consoli | dated | ||||
|---|---|---|---|---|---|
| 2023 | 2022 | ||||
| 3.1 Donations and legacies |
|||||
| Donations - CAF, GAYE g trusts | 6,200 | 6,395 | |||
| Donations - gift aid monthly | 75,749 | 79,565 | |||
| Donations - no gift aid monthly | 5,088 | 4.676 | |||
| Cash collections | 2,198 | 1.188 | |||
| One off gifts - gift aid | 28,110 | 20,000 | |||
| One off gifts - no gift aid | 1,290 | 370 | |||
| Legacies | 'I0,000 | ||||
| Tax recoverable | 27.372 | 156,007 | 25,066 | 137,260 | |
| 3,2 Charitable Activities |
|||||
| Cross hall hire | 7,410 | 11.235 | |||
| Service fees | 1,750 | 2,166 | |||
| Special collections income | 4,281 | 1,470 | |||
| Special Projects activilies | 156 | 13,597 | 137 | 15.008 | |
| 3.3 Investment Income |
|||||
| Bank interest | 3,594 | 660 | |||
| Glovers House Flat 2 incorrle | 9,150 | 8,800 | |||
| Glovers House Flat 3 income | 10,800 | 10,800 | |||
| 33Sunvale Avenue | 19,050 | 42,594 | 18,000 | 38,260 | |
| 3.4 Other Income | |||||
| Rainbow fee income | 77,966 | 91,592 | |||
| Rainbow SCC Early' Years Recover | 7500 | ||||
| Rainbow other income . |
588 | 480 | |||
| 78,554 | 99,572 | ||||
| Guildford Diocese energy grant |
1,000 | 'I,000 | |||
| Congregation Energy Appeal |
5,215 | 0 | |||
| Church Grant towards Mission |
2,000 | 0 | |||
| Donations for Rainbow assets |
1,698 | 88,467 | 0 | 100,572 | |
| 300,665 | 291,100 |
| 2023 | 2022 | ||||||
|---|---|---|---|---|---|---|---|
| 4.1 COST OF RAISING FUNDS | |||||||
| Stewardship costs |
|||||||
| 4.2a MINISTRY | EXPENSES | ||||||
| Parish Contribution | to Diocese | 64.100 | 7Q,319 | ||||
| Salaries 8 NIC | |||||||
| Youth & Children's | Minister | 0 | 7,483 | ||||
| Church Administrator |
22,276 | 21,125 | |||||
| Pension contribulions |
608 | 709 | |||||
| Payroll bureau | 569 | 23,443 | 540 | 29,867 | |||
| Personal Expenses | |||||||
| Vicar | 300 | ||||||
| Curate &ordinands | |||||||
| Youth &Children's | Minister | 300 | 45 | ||||
| Parish Ministry |
|||||||
| Church Sertrices | |||||||
| Worship & music group |
517 | 469 | |||||
| Publicity &website |
438 | 431 | |||||
| Clergy fees | 0 | 179 | |||||
| Speakers fees, gifts, | lrsvel | 0 | 0 | ||||
| Upkeep of Service | 'l,346 | 2.301 | 695 | 1,774 | |||
| Communiry Outreach |
|||||||
| Community resources |
0 | 100 | |||||
| Social & Hospitality | 817 | 817 | 423 | 523 | |||
| Youth & Children's | work | ||||||
| slosh's Ark | 0 | ||||||
| Breakout | 252 | 268 | |||||
| Rainbow pre-school | 1,054 | 462 | |||||
| t.tquld Youth | 0 | ||||||
| Training, books & resources |
1,30$ | 730 | |||||
| Training, books & | maferiafs | ||||||
| Ordinand training grants |
1,081 | ||||||
| Training ~ courses, |
accom 8.travel | 614 | 120 | ||||
| Books and resource | materials | 71 | 685 | 244 | 1,445 | ||
| Mission &Giving | |||||||
| Special collections | payments | 4,281 | 1,47Q | ||||
| Honie | 3,t42 | 4,482 | |||||
| Overseas | 8,855 | 16,278 | 8„664 | 14,616 | |||
| Church Office | |||||||
| Office telephone | 593 | 454 | |||||
| Office sundry costs | 0 | 53 | |||||
| Copy costs and paper | supplies | 789 | 637 | ||||
| Bank charges | 61 | 82 | |||||
| Postage &ca~riage | 71 | 34 | |||||
| Stationery &offioe equipment | 207 | 78 | |||||
| Computer expenses |
&software | 1,528 | 1,292 | ||||
| Staff recruitment & |
DBSchecks | 795 | 1,018 | ||||
| independent Examiner |
feo | 1,440 | 1,230 | ||||
| Depreciation ofassets |
4,728 | 1Q.212 | 4.728 | 9,604 | |||
| 119,442 | 12$,913 |
| Note 4 | , | Expen | diture (can |
tinued); all f |
unds consolidate | d | ||
|---|---|---|---|---|---|---|---|---|
| 2023 | 2022 | |||||||
| 4.2b PROPERTY EXPENSES | ||||||||
| Church | Property Expenses | |||||||
| Repairs | &maintenance, | 10,712 | 1 560 | |||||
| Architect's | fees | 1,161 | 0 | |||||
| Cleaning | 1,560 | 1,452 | ||||||
| Electricity | 1,898 | 1,373 | ||||||
| Gas | 8,857 | 4,348 | ||||||
| Water | 108 | 96 | ||||||
| Insurance | 2,277 | 26,573 | 2.131 | 10,960 | ||||
| CROSS Property Expenses | ||||||||
| Electricity | 1,944 | 2,150 | ||||||
| Gas | 2,937 | 1,751 | ||||||
| Water | 1,572 | 463 | ||||||
| Insurance | 1,455 | 1,421 | ||||||
| Cleaning | 3,111 | 2,733 | ||||||
| Repairs | & maintenance | 1,922 | 12.941 | 7,418 | 15,936 | |||
| Other Property Expenses | ||||||||
| Flat 2 | 17,612 | 1,000 | ||||||
| Flat 3 | 1,323 | 1,110 | ||||||
| Vicarage | 3,419 | 686 | ||||||
| Sunvale | - repairs | &maintenance | 9,250 | 31,604 | 384 | 3,180 | ||
| 71,118 | 30,076 | |||||||
| 4.3OTHER EXPENSES | ||||||||
| Rainbow | admin, fees, training | 796 | 761 | |||||
| Rainbow | equipment, materials. |
stationery | 1,301 | 1,984 | ||||
| Rainbow | food and | milk | 5 | 12 | ||||
| Rainbow | salaries, | NIC and payroll costs | 70,856 | 77,257 | ||||
| Rainbow | - other expenses | 11.40'I | 15,427 | |||||
| 84.359 | 95,441 |
| Note 4 Expenditure | Note 4 Expenditure | (continued); | (continued); | all funds consolidated | |
|---|---|---|---|---|---|
| 2023 | 2022 | ||||
| EXPENDITURE SUMMARY | |||||
| 4.1Cost of Raising | Funds | ||||
| 4.2Charitable Activities |
|||||
| 4.2a Ministry expenses | 119,442 | 128,913 | |||
| 4.2b Property expenses | 71,118 | 30,076 | |||
| 190,560 | 158,989 | ||||
| 4.3Other Expenses | 84,359 | 95,,441 | |||
| Total expenditure | 274,919 | 254,430 | |||
| 5.SUPPORT COSTS | 2023 | 2022f | |||
| Total support costs | |||||
| 6.DETAILS OF CERTAIN | ITEMS OF EXPENDITURE | ||||
| 6.1 Trustee Expenses | |||||
| Details of the amount ofany payment |
or reimbursement of out- |
||||
| of-pocket expenses made to trustees |
or to a third | party for | |||
| expenses incurred by trustees. |
in the | performance | of their duties, | ||
| 2023 | 2022 | ||||
| R | |||||
| Number of trustees who were |
paid expenses | 1 | 0 | ||
| Vicar | 300 | ||||
| I:300 | EO | ||||
| 6.2 Independent Exarnlnation |
fees | ||||
| 2023 | 2022 | ||||
| E | |||||
| Independent Exam~nation |
fees | L1,440 | E1,230 |
| 7.1 Staff C | osts | |||
|---|---|---|---|---|
| 2023 | 2022 | |||
| PCC | g | |||
| Wages &salaries | 20,678 | 26,555 | ||
| Employer's | NIC | 1,598 | 2,053 | |
| Employer's | pension | conlributions | 608 | 709 |
| 22,884 | 29.317 | |||
| RAINBOW | ||||
| Wages & salaries |
68,214 | 74,194 | ||
| Employer's | NIC | 163 | 95 | |
| Employer's | pension | contnbutions | 1,786 | 2.058 |
| 70,163 | 76,347 | |||
| F93,047 | f105,664 |
| 2023 | 2022 | ||
|---|---|---|---|
| Fundraising | 0 | 0 | |
| Charitible | Activities | 1 | 1 |
| Governance | 0 | 0 | |
| Rainbow | 5 | 4 |
| 9.TANGIBLE | ASSETS | |||||
|---|---|---|---|---|---|---|
| Leasehold | Freehold | Office | Fixtures and | Total | ||
| Property | Property | Equipment | Fittings | |||
| F | E | |||||
| 1st January 2023 b/fwd | 380,000 | 550,000 | 1,750 | 14,894 | 946,644 | |
| Additions | 0 | 0 | 0 | 0 | 0 | |
| Revaluations | 50,000 | 0 | 0 | 0 | 50,000 | |
| Disposals | 0 | 0 | 0 | 0 | 0 | |
| Depreciation | 0 | 0 | 1,750 | 2,978 | 4,728 | |
| 31stDecember | 2023 dfwd | 430,000 | 550,000 | 11,916 | 991,916 |
| 10.DE | BTO | RS AND | PREPAYMENTS | ||
|---|---|---|---|---|---|
| 2023 | 2022 | ||||
| E | |||||
| Recoverable | Gift Aid | 6.589 | 2,926 | ||
| Prepayments | and accrued income | 5,492 | 9,756 | ||
| 12,081 | 12,682 | ||||
| 11,CREDITORS AND | ACCRUALS | ||||
| Amounts | falling due within one year | 2023 | 2022 | ||
| F | |||||
| Accruals | and | deferred | income | 8,988 | 8,979 |
| 8.988 | 8,979 |
| Movements | in Funds 2023 | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| b/forwaf d | Income Revaluation |
Expenditure | Transfers | dforward | |||||||
| Fund name | 01.01.23 | 31.12.23 | |||||||||
| f | |||||||||||
| Organ | 1,734 | 0 | 0 | 0 | 0 | 1,734 | |||||
| Glover s | 380.000 | 0 | 50,000 | 0 | 0 | 430,000 | |||||
| Sunvale | 550,000 | 0 | 0 | 0 | 0 | 550,000 | |||||
| Rainbow | 10,639 | 78,554 | 0 | 84,359 | -4,834 | 0 | |||||
| Projects | 59,203 | 48,893 | 0 | 0 | 0 | 108,096 | |||||
| General | 140,553 | 173,218 | 0 | 190,560 | 4,834 | 128,045 | |||||
| 1,142,129 | 300,665 | 50,000 | 274,919 | 0 | 1,217,875 | ||||||
| During the year E4,834, being | Rainbow | bank balance on nursery | closure. | was | transferred | to Church | General | Fund, | |||
| Movements | in Funds 2022 | ||||||||||
| biforward | Income Revaluation |
Expenditure | Transfers | ciforward | |||||||
| Fund name | 01.01,22 | 31.12.22 | |||||||||
| i'. | f' | 1 | |||||||||
| Organ | 1,734 | 0 | 0 | 0 | 0 | 1,734 | |||||
| Glovers | 380.000 | 0 | 0 | 0 | 0 | 380,000 | |||||
| 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 |
| 2023f | 2022 | ||
|---|---|---|---|
| Income from external sources | 78,554 | 92,072 | |
| $CC Early Years Recovery Fund Grant | 0 | 7,500 | |
| 78,554 | 99,572 | ||
| Expenditure on external |
items | 76,949 | 84,326 |
| Rent for Cross Hall paid | to St Stephen's | 7,410 | 'I'l,115 |
| 84,359 | 95,441 | ||
| Deficit for the year | ~5,805 | 4,131 | |
| 14.2 CROSS Hall | |||
| 2023 | 2022 | ||
| Rent recerved externally |
0 | 120 | |
| Rent received from Rainbow |
7,410 | 11,115 | |
| 7,410 | 11,235 | ||
| Maintenance and repairs |
1,922 | 7,418 | |
| Gas, electricity and water |
6,453 | 4,364 | |
| Insurance | 1,455 | 1,421 | |
| Cleaning and waste disposal |
3,111 | 2,733 | |
| 12,941 | 15,936 | ||
| Deficitfortheyear | -5531 | -4701 |
| Unrestricted | Restricted | Endowment | Total | ||
|---|---|---|---|---|---|
| Funds | Funds | Funds | 2,022 | ||
| Income and Endowments | f. | F | F. | ||
| Donations and legacies |
137,260 | 0 | 0 | 137„260 | |
| Charitable activities |
15,008 | 0 | 0 | 15,008 | |
| Investment income |
38,260 | 0 | 0 | 38,260 | |
| Other income | 100,572 | 0 | 0 | 100„572 | |
| Total | 291,100 | 0 | 291,100 | ||
| Expenditure on |
|||||
| Raising funds | 0 | ||||
| Charitable activities |
158,989 | 0 | 156,989 | ||
| Other expenses | 95,441 | 0 | 95,441 | ||
| Total | 254,430 | 0 | 254,430 | ||
| Net Income | 36.670 | 0 | 0 | 36,670 | |
| Gains (tosses) on investments | 100,000 | 0 | 0 | 100,000 | |
| Net movement in funds |
136,670 | 0 | 0 | 136,670 | |
| Funds brought fonvard |
1,003,725 | 1.734 | 0 | 1,005,459 | |
| Total funds carried forward | 1,140,395 | 1,734 | 0 | 1,142,129 |