2023-12-31-accounts - The Parochial Church Council Of The Ecclesiastical Parish Of The Good Shepherd, Collier Row, Romford

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For	the Year	ended 3	1 Decembe	r 2023
		General	Desl9nstsd	Restricted	Total		Total
		Funds	Funds	Funds	2023		2022
	autos	E	E
INCOME
Voluntary income	2s	160,329			160,329		163,116
Activities for generating funds	2b
Income from investments	2c	18,596			18,596		12,390
Church activities	2d	7,865		1,900	9,765		7,682
Other incoming resources	2e	784	2,037		2,821		1,190
TOTAL INCOME		187,575	2,037	1,900	191,512		184,378
EXPENDITURE
Church activities	3a	177,273		1,649	178,922		185,137
Costs of raising funds	3b
TOTAL EXPENDITURE		177,273		1,649	178,922		185,137
NET INCOMEIEXPENDITURE		10,302	2,037	251	12,590	-	759
TRANSFER BETWEEN FUNDS
NET MOVEMENT IN FUNDS		10,302	2,037	251	12,590	-	759
Total funds bought forwards	8	179,104		4,956	598,118
Total Iunds carried forward	8	189,406	2,037	6,207	610,708

FIXEDASSETS
Tangible fixed assets				432,622	414,056
CURRENT ASSETS
Debtors end Prepeyments				6,101	15,486
Short term deposits Cash at bank and in	hand			116,356 ~6	113,165 ~7949
				188,304	196,600
LIABILTIES
Creditors: amounts	falling	due within	one year	10,218	12,540
NET CURRENT ASSETS/(LIABILITIES)				tMi1X	N
TOTAL ASSETSLESSCURRENT LIABILITES				610,708	508,118
PARISH FUNDS
Unrestncted Funds				189,406	179,104
Designated Funds				2,037
Designated Fixed Asset Funds				414,056	414,058
Restricted Funds				5,207	4,956
				610,708	598,118

2.INCOME					General	Deslpuated	Restrkaad	Total	Total
					Funds	Funds	Funds	2023	2022
					t	t	r.
a. Voluntagi Income
Regualr Giving					53,717			53,717	55,995
Other giving - Sum	Up				6,941			6,041	634
Parish Giving Scheme					59,051			59,051	66,634
Loose plate collections					12,074			12,074	10,164
Other gifts					944			944	999
Special collections									38
Tax recoverable on Gift		Aid			26,652			26,652	25,553
Grants					950			950	3,100
					160,329			160,329	163,116
b. Acdvltles forgeneratfng			funds
c.Income from investments
Bank and building	society		interest		5,696			5,696	1,590
Rent from Curstage					12,900			12,900	10,800
d. Income from charitable			acflvfdes		18,596			18,596	12,390
PCC Fees for weddings,		funerals		and other	827			627	1,190
Youth - Ignite					2,812		1,900	4,712	1,901
Youth - Destiny					80			80	239
C&F - Starlight					2,041			2,041	1,763
C&F - HAN Club
C&F - CoGS Kids (Sunday)									44
Boxerase					45			45	736
Refresh (Women)									300
Care & Share					2,061			2,061	1502
					7,865		t, aOO	9,765	7,682
e. Other incoming Iesoumes
Income Generation					521			521	1 123
Miscellaneous Income					193	2,037		2,230	4
Administration					70			70	64
					784	2,037		2,821	1,190
					187,575	2,037	1,900	191,512	184,378

3.EXPENDITURE	General	Designated	Restricted	Total	Total
	Funds	Funds	Funds	2023	2022
	t	t	t
a. Church actlvlties
Mission and Outreach	25,644		1,649	27,293	31,334
Special gifts					36
Ministry costs: Diocesan Parish Share Other ministry costs Salaries and pension costs Church running expenses Church maintenance Church insurance Church utiities Independent examiners remuneration Parish training and mission	71,231 3,607 26,564 11,672 17,840 4.163 6,444 1,367 315			71,231 3,607 26,584 11,872 17,840 4,163 6,444 1,367 315	70,309 3,366 33,229 12,903 14,665 3,559 9,820 1,000
Repairs & Maintenance - Vicarage
Repairs & Maintenance -Curatage Music and Instruments LIcence fees & Audio-Visual Equipment Depreciation	1,252 611 1,702 4,641			1,252 611 1,702 4641	2,953 153 1,808
b. Costs olraising tttnds	177,273		1,648	178,822	185,137
	177,273		1,649	178,922	185137

Staff costs and numbers
	2023	2022
Wages snd sataries Social security Pension costs	25,996 151 147	31,990 501 226
	26,205	32,717

5.TANGIBLE FIXEOASSETS
	Church
	Hall	Curates House	FFRE	Total
	E	E
Actual/deemed cost
At 1 January 2022 Disposon	442,568	75,000		517,568
Additions At 31 December 2022	442,588	75,000	23 205 23,205	23,205 540,773
Depreciation
At I January 2022 Disposals	86,510	15,000		103,510
Addibons At 31 December 2022	88,510	15,000	4,641 4,841	4,641 108,151
Het book amounts
At 31 December 2022	354,058	60,000	18,564	432,622
At 31 Dcoembcr 2021	354,058	60,000		414,058
6.CURRENT ASSETS
			2023	2022
			f	f
Income tax recoverable			3,140	2,401
Prepayments 8 accrued income Other debtors			2,961	13,085
			8,101	15,486
7.CURRENT LIABILITES
			2023	2022
			f
Accruais 8 deferred income			5,623	9,052
Indenendent Examination			1,290	1,095
Deferred Income / London over ths Border
Other creditors / Agency account			3 Los III 218	lt 1o

8FUNDS
. MOVEMENTS	Bal f/hrd	Income		Expanditnra	Transfars	Bal c/ford
	01/et/2023				Other gains	31/I2/2023
					&lassos
UNRESTRICTED FUNDS
PCC Ocncral fund	179,104	187,575	-	177,272		189,407
	179,104	187,575	-	177,272		189,407
DESIGNATED FUNDS
Future Capital Projects		2,037				2,037
		2,037				2,037
DESIGNATED FIXEDASSETS FUNDS
Curatage Church Hall	60,000 354,058					60,000 354,058
RESTRICTED FUNDS	414,058					414,058
Jack Petchey London ovartha Border	0	1,000	-	1,641		259
St Csdds / Pioneer Hub	4956			8
	4,956	1,900	-	I 649		5,207
	598 118	191512	~	178922		61070$

Building		Insurance Valuation
		E
The Church ofthe Good Shepherd	Church	13,300,000
470 Mawney Road	Curates House	330,289