##
##
##
##
##
|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|