2022-12-31-accounts - The Parochial Church Council Of The Ecclesiastical Parish Of All Saints Streetly.

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Incumbent:		Revd Mandy Walker	(Chairman)
Deputy Chair:		Pat Lawrence
Wardens:		Chris Payne
		Pat Lawrence
Treasurer:		Ann Fox
PCCSecretary		Vacant	(ToJuly 2022)
PCC Secretary		Mike Payne	(From July 2022)
Representative	on the Deanery Synod:	Tish Jennings
		Alan Myatt
Elected PCC Members:		Judith Amass	(ToAPCM 2022)
		Naa Bruce-Mulberry	(ToAPCM 2022)
		Chris Payne
		Pat I awrence
		Ann Fox
		Tish Jennings
		Alan Myatt
		Alan Finch
		Anne Payne
		Roy Lawrence
		Craig Partridge
		Yvonne Calogirou	(From APCM	2022)
		Mike Payne	(From APCM	2022)
		Kathy Hughes	(From APCM	2022)
Lay readers		Pam Simms	(Voting From	APCM 2022)
		Alan Myatt	(Voting From	APCM 2022)
		Pam Rainsford	(Voting From	APCM 2022)
Co-opted Members: *All members listed are voting trustees		John Carter	(Stewardship	Secretary)

		Unrestricted	Restricted	Total	Funds
		Funds	Funds	2022	2021
	Note		f	6	8
INCOMING RESOURCES
Donations and Legacies	2(a)	73,667	10,680	84,347	77,719
Charitable Activities	2(b)	16,336		16,336	11,540
Other Trading Activities	2(c)	13025		13,025	7,795
Investment Income	2(d)	2,523	16,565	19,088	17,972
		105,551	27,245	132,796	115,026
RESOURCES EXPENDED
Charitable Activities	3(a)	123,112	8,548	131,660	120,837
Raising Funds	3(b)	6,462		6,462	2,475
		129,574	8,548	138,122	123,312
NET INCOMING RESOURCES
BEFORETRANSFERS		(24,023)	18,697	(5,326)	(8,286)
Gross transfers between funds	9	24,030	(24,030)
Investment gains and losses	5(b)	(7,284)	(77,476)	(84,760)	79,336
NET MOVEMENT IN FUNDS		(7,277)	(82,809)	(90,086)	71,050
BALANCES BROUGHT FORWARD
AT 1 JANUARY 2022 (2021)		96,963	531,749	628,712	557,662
BALANCES CARRIED FORWARD
AT 31 DECEMBER 2022 (2021)		89,686	448,940	538,626	628,712

						2022	2021
					Note	f
FIXEDASSETS
Tangible Investment					5(a) 5(b)	1,837 509,965	2,441 594,508
						511,802	596,949
CURRENT	ASSETS
Debtors					6	4,324	4,673
Cash at bank and in		hand				37,057	34,502
						41,381	39,175
LIABILITIES
Creditors -	amounts	falling due		in one year	7	(14557)	(7,412)
Net current	assets					26,824	31,763
TOTAL ASSETS LESS CURRENT LIABILITIES						538,626	628,712
Creditors -	amounts	falling due		after one year
TOTAL NET ASSETS					8	538,626	628,712
PARISH FUNDS
Unrestricted
	General					2,020	2,014
	Designated					87,667	94,951
Restricted
	General					56,198	48,909
	Permanent		Endowment			282,712	342,516
	Expendable		Endowment			110,029	140,322
						538,626	628,712

2	INCOMING RESOURCES	INCOMING RESOURCES	INCOMING RESOURCES
			Unrestricted	Designated	Restricted	Endowment	Total	Funds
			Funds	Funds	Funds	Funds	2022	2021
			E	E	E	E	E	E
2(a)	Donations and Legacies
	Planned giving:
	-Tax efficient	donations	40,648				40,648	40,244
	-Other		285				285	531
	Other giving and appeals		13,386		680		14,066	12,177
	Collections at	services	5,888				5,888	3,362
	Income tax recoverable		13,460				13,460	16,405
	Legacies				10,000		10,000	5,000
			73,667		10,680		84,347	77,719
2(b)	Charitable Activities
	Statutory fees		3,188				3,188	2,975
	Fund raising events		10,547				10,547	7,312
	Church groups		2,601				2,601	1,253
			16,336				16,336	11,540
2(c)	Other Trading	Activities
	Use ofchurch	hall	8,934				8,934	3,628
	Other trading		4,091				4,091	4,167
			13,025				13,025	7,795
2(d)	Investment Income
	Bank interest					218	218	9
	Dividends and	interest		2,523		16,347	18,870	17,963
				2,523		16,565	19,088	17,972
Total	incoming resources		103,028	2,523	10,680	16,565	132,796	115,026

2	INCOMING RESOURCES	INCOMING RESOURCES	INCOMING RESOURCES
			Unrestricted	Designated	Restricted	Endowment	Total	Funds
			Funds	Funds	Funds	Funds	2021	2020
			6	6	6	6	6	6
2(a)	Donations and Legacies
	Planned giving:
	-Tax efficient	donations	40,244				40,244	40,627
	-Other		531				531	425
	Other giving and appeals		9,046		3,131		12,177	14,814
	Collections at	services	3,362				3,362	2,327
	Income tax recoverable		16,405				16,405	12,253
	Legacies		5,000				5,000
			74,588		3.131		77,719	70,446
2(b)	Charitable Activities
	Statutory fees		2,975				2,975	1,174
	Fund raising events		7,312				7,312	4,393
	Church groups		1,253				1,253	745
			11,540				11,540	6,312
2(c)	Other Trading	Activities
	Use ofchurch	hall	3,628				3,628	1,881
	Other trading		4,167				4,167	1,818
			7,795				7,795	3,699
2(d)	Investment Income
	Bank interest					9	9	70
	Dividends and	interest		2,444		15,519	17,963	17,035
				2,444		15,528	17,972	17,105
Total	incoming resources		93,923	2,444	3,131	15,528	115,026	97,562

3	RESOURCES EXPENDED
		Unrestricted	Designated	Restricted	Endowment	Total	Funds
		Funds	Funds	Funds	Funds	2022	2021
		E		E	E	E	E
3(a)	Charitable Activities
	Church activities
	Missionary &Charitable	360				360	2,251
	Diocesan Parish Share	67,789				67,789	69,843
	Salaries	23,253			4,907	28,160	23,330
	Clergy and Staff Expenses	6,202				6,202	2.528
	Church expenses
	Church running expenses	17,392		3.641		21,033	18.130
	Mission and Evangelism	739				739	1.156
	Church utility bills	7,112				7,112	3,827
	Governance costs
	Independent examination	265				265	(228)
	Major capital expenditure
	Major repairs to church
		123,112		3,641	4,907	131,660	120,837
3(b)	Raising Funds
	Fund raising events	6,462				6,462	2,475
	Stewardship costs
		6,462				6,462	2,475
		129,574		3,641	4,907	138,122	123,312

3	RESOURCES EXPENDED
		Unrestricted	Designated	Restricted		Endowment	Total	Funds
		Funds	Funds f	Funds f		Funds f	2021 f	2020 f
3(a,'Charitable Activities
	Church activities
	Missionary &Charitable	2,251					2,251	1,899
	Diocesan Parish Share	69,843					69,843	66.670
	Salaries	18,713				4,617	23,330	22.668
	Clergy and Staff Expenses	2,528					2,528	2.314
	Church expenses
	Church running expenses	15,441		2,689			18,130	18,519
	Mission and Evangelism	733			423		1,156	1,681
	Church utility bills	3,827					3,827	2.867
	Governance costs
	Independent examination	(228)					(228)	720
	Major capital expenditure
	Major repairs to church
		113,108		3,112		4,617	120,837	117,338
3(b	Raising Funds
	Fund raising events	2,475					2,475	2,192
	Stewardship costs
		2,475					2,475	2,192
		115,583		3,112		4,617	123,312	119,530

STAFF	COSTS						2022	2021
							6	5
Salaries Furlough	Claims	&Back	to	Work	Grant	received	29,165	26,477 ~3,148
							29,165	23,329

No member ofthe PCC	has received any remuneration,	has received any remuneration,	benefit or reimbursement oftravelling	benefit or reimbursement oftravelling	or
subsistence, other than	the Ministry Team in the	normal	course oftheir duties.
			2022	2021
			5		f
Clergy Expenses*			3,776		2,864
Other Trustee Personal	Expenses*		707		47
			4,483		2,911
*Includes Mileage, Gifts, Hospitality, Broadband,		Mobile	and Homeworking
TANGIBLE FIXEDASSETS
Church organ, piano	and office equipment
			2022	2021
COST			6		6
	At 1 January 2022		55,773	55,773
	Addition		2,450
	Disposal
	At 31 December 2022		58,223	55,773
DEPRECIATION	At 1 January 2022		53,332	50,893
	Charge for the year		3,054		2,439
	Depreciation on disposals
	At 31 December 2022		56,386	53,332
NET BOOK VALUE	At 31 December 2022		1,837		2,441

FOR	THE YEAR END	ED 31 DECEMBER 2	022
5(b)	INVESTMENTS		Cost		Market Value
			2022	2021	2022	2021
	Quoted investments		E		8	E
	CBFinvestment fund - 4077shares		45,000	45,000	84,231	95,341
	CBF property fund	- 46,449 shares	60,000	60,000	60,626	68,684
	CBFglobal equity	fund- 45,745 shares	75,000	75,000	120,468	140,124
	COIF property fund - 50,060 units		50,000	50,000	55,742	63,276
	Edentree Amity fund - 34,723 units		37,550	37,550
	Canaccord Genuity	share portfolio	149,342	149,342	171,948	210,349
			416,892	416,892	493,015	577,774
	Social investment	-Westmill Solar	175	175	175	175
	CBFdeposit funds		16,479	16,479	16,775	16,559
			433,546	433,546	509,965	594,508
	Movement on quoted securities

			Restricted	Designated	Endowment	Permanent	Total
				E	E	E	E
	Market value 1 Jan 2022		41,470	53,466	140,322	342,516	577,774
	Additions during year
	Revaln/Sale profit Transfer between	(loss) funds	14,553	(7,284) 1,931	(17,671) ~12,622	(59,805) 1	(84,760) 1
	Market value 31 Dec 2022		56,023	44,251	110,029	282,712	493,015
6	DEBTORS					2022	2021
						6	E
	Income tax recoverable					2,800	4,673
	Prepayments
	Other debtors					1,524
						4,324	4,673
7	LIABILITIES					2022	2021
	Amounts falling due in one		year			5	E
	Accruals of utilities
	Amounts received	in advance				1,756	4,953
	Other creditors					12,801	2,459
						14,557	7,412
	Amounts falling due after one year

ANALYSIS O	F	NET AS	SETS
			General	Designated	Restricted	Endowment			TOTAL
			unrestricted	Funds	Funds	Funds
			Funds
			8						E
Tangible fixed	assets		1,837						1,837
Investment fixed assets				44,251	56,023	392,741			493,015
Current assets Current liabilities			14,740 ~4.5757	43,416	175				58,331 ~14557,
			2,020	87 667	56,198	392,741			538,626
FUNDS
Restricted Funds			Asat1 Jan	Incoming	Resources	Transfers			As at 31Dec
-General			2022	resources	expended				2022
			8	8	E				8
Audio Fund			5,561	525	(2,440)				3,646
Virtual Church			31,047	100					31.147
Flower Fund			1,101	55	(512)				644
Retreat Fund			177						177
Memorial Fund
Sanctuary Fund			1,400						1,400
Garden ofRest		Fund	701						701
Organ Fund
Piano Fund			5,680		(613)				5,067
Vicarage Refurbishment								250	250
Choir Fund			1,239		(76)				1,163
Youth Fund (2022)				10,000					10,000
Friends of Afi	Saints		2,003 48,909	0,680	~3,84			250	2,003 56,198
-Endowment		funds	Asat1 Jan	Incoming	Resources	Transfers			As at 31Dec
			2022 6	resources f	expended F.		6		2022 8
Permanent			342,517		(59,805)				282,712
Expendable			140,322	16565	~22587~, 24			280	110,029
			482.839	16.565	82,383	~24,		280	392,741
Unrestricted	funds		Asat1 Jan	Incoming	Resources	Transfers			As at 31Dec
			2022	resources	expended				2022
			E	K	K		E		5
Designated fund			94,951	2,522	(7,284)	(2,522)			87,667
General fund			2,014	103.026	(129,573)	26,553			2,020
			96,965	105,548	~736,857	2	.031		89,687