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2022-12-31-accounts

Page
Independent
Examiner's		 Report
Statement of Financial Activities
Balance Sheet
Notes to Financial Statements

Year ended 31"Decembe r 2022
Unrestricted
Funds
Unrestricted Designated
Funds Fund Total Total
General Tangible Restricted Endowment Funds Funds
Fund Fixed Assets Funds Funds 2022 2021
Mote 6 6 6 6 6
Income and Endowments from:
Voluntary
Income		 303,099 43,715 346,814 202,220
ActiviTies for generating Funds 3 24,166 24.166 14,434
Church
Activities		 9,969 115 10,084 5,241
investment
Income		 688 -120 568 69
Total 337,922 43,830 -120 381,632 221,954
Expenditure
on:
Church Activities 6 345,708 28,250 9,294 383,252 223,546
345,708 28,250 9,294 383,252 223,545
Net Gain/(Loss)
on Investments		 285
Net Incomel(Expenditure) (7,786) (28,250) 34,536 (120) (1,620) (1,297)
Transfers
between
Funds		 (80) 80
Nei movement
in Funds		 (7,866) (28,250) 34,616 (120) (1,620) (1.297)
Reconciliation
of Funds
Funds brought
forward		 19,083 367,250 54,219 3,292 443,844 445,141
Funds carried forward
at31"December 2022		 11,217 339,000 88,835 3,172 442,224 443,844

2022 2021
Notes f 8 8 5
Fixed Assets
Tangible 13 339,000 367,250
Investments 14 2,066 2,248
Current Assets 341,066 369,498
Debtors 15 11,135 8,462
Cash at Bank and in Hand 99,068 72,297
110,203 80,759
Current
Liabilities
Creditors
and Accrued Charges		 17 9,045 6,4'13
9,045 6,413
Net Current Assets 101,158 74,346
Net Assets 442,224 443,844
Reserves
Endowment Funds 19 3,172 3,292
Restricted Funds 20 88,835 54,219
Unrestricted Funds
General Fund 11,217 19,083
Tangible Fixed Assets Fund 339,000 350,217 367,250 386,333
442,224 443,844
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Unrestricted
Funds
Unrestricted Designated
Funds Fund Total Total
General Tangible Restricted Endowment Funds Funds
Fund Fixed Assets Funds Funds 2022 2021
Note E E. E 6 E E
2 Donations
and Legacies
Congregation
Giving
Standing
Orders		 54,105 54,105 51,565
Weekly Envelopes
Giber Gift Aided Donations		 7,556
20,054		 7,556
20 054		 3,079
25420
Total Gift Aided Giving
Other Cash Collections		 81,715
733		 81,715
733		 80,064
1,919
Donations
via CAF		 2,000 2,000 3,475
Donations
Organ Recitals		 1,193 1,193 772
85,641 85,641 85,230
Other Donations 13,118 13,118 4,272
Donations
for Outward		 Giving 613 ,613 1,510
Gift Aid receivable 23,056 23,056 22,425
Donations
via Pyramid		 3,187 3,187 3,260
Community
Giving
Friends ofSt Paul's		 28,615
Dorothy Porter Trust 165,850 165,850 11,191
Pastoral Assistant
Fund		 14,000
Other Trusts and Grants 11,634 11,634 4,274
Govt Job Retention
Scheme		 931
Other Govt Covid Funding
Donations
to Restricted		 Funds 43,715 43,715 22,386
VAT Recoveries 3,126
303,099 43,715 346,814 202,220
3 Charitable
Activities
May Market
Autumn
Market
Hiring Charges 12,543 12,543 6,448
Christmas
Tree Festival		 9,645 9,645 6,550
Christmas
Charities
Market
Antique
Fairs		 1,978 1,978 1,436
Other Fundraising
Events
24,166 24,166 14,434

Unrestricted Unrestricted
Funds
Unrestricted Designated
Funds Fund Total Total
General Tangible Restricted Endowment Funds Funds
Fund Fixed Assets Funds Funds 2022 2021
Note 6 6 6 6 f
4 Church Activities
Lunchtime
Concerts
Sales Income:		 7,315 7,315 7,847
Votive Candles 541 541 465
"Spire" Magazine 838 838 690
Guide Books
Cards etc 83 741
Catering
Income'
Saturday Teas 712 712
Sunday Coffee 45 45
Tuesday
Lunches		 7,585
General Parish Catering 285 285 74
Saturday
Coffee		 (Outreach) 115 115 239
Miscellaneous
Income		 150 150
Insurance
Claims
9,969 115 10,084 5,247
5 Investment
income		 688 -120 568 69
6 Church Activities Costs
Salaries and Fees 50,183 50.183 43,708
Office Costs 55,406 28,250 5,941 89,597 63,972
Other Costs 70,061 3,353 73,414 67,399
Independent
Examiners Free		 1,800 1,800 7,500
Special Projects 10 168,258 168,258 47,627
Outreach 11
345,708 28,250 9,294 383,252 223,546
7 Salaries and Fees
Wages, salaries and fees 49,393 49,393 42,377
Pension
Contributions		 790 790 737
50,183 50,183 43,108
2022 2021
The average
number		 ofStaff employed by the Parochial Church Council during the
financial year was: No No
Total 4
Remuneration
ofOfffcials

Unrestricted Unrestricted
Funds
Unrestricted Designated
Funds Fund Total Total
General Tangible Restricted Endowment Funds Funds
Fund Fixed Assets Funds Funds 2022 2021
E E E E E
Office Costs
Gas, Electricity and Water 16,067 16,067 8,052
Insurance 7,326 7,326 6,445
Janitorial
Materials		 636 636 614
Office Expenditure 4,437 4,437 4,047
Bank Service Charges 1,307 1,307 655
General
Repairs		 2,567 5,941 8,508 3,654
Computer
Costs		 3,843 3,843 1,387
Alarm System Costs 6,498 6,498 2,908
Depredation
ofTangible Assets		 28,250 28,250 28,250
Advertising
and Promotional		 Costs 237 237 220
Telephone 307 307 326
Clergy Expenses 5,440 5,440 3,433
Accountancy
Fees		 3,957 3,957 3,013
Professional
Fees		 1,674 1,674
Fundraising
Costs		 25 25 248
Broadband
and Hosting		 1,085 1,085 ,660
55,406 28,250 5,941 89,597 63,912
Other Expenditure
Education Costs 736
Miscellaneous
Costs		 380 380 173
Music Costs 376 376 618
Organ and Piano Tuning 1,553 1,553 1,176
Concert Costs 1,471 1,471
Diocesan Parish Share 48,760 48,760 56,447
Diocesan Fees for Services 1,804 1,804 1,378
Sacristy Costs 768 ,768 1,288
Catering Costs 124 124 605
Antique
Fair Costs		 476 476
Licensing Costs 753 753 903
Donations 13,596 13,596 3,324
Restricted
project costs		 3,353 3,353
Homeless
Support Scheme		 750
Vouchers
70,061 3,353 73,414 67,399
10 Special Projects
Roof repair 5,040
Pinnacle
repair		 148,657 148,657
New Vestments 4,331
Organ Blower Move 4,448
Regimental
Colours Bracket		 Repair 542
Work in Vicarage Garden 2,706
Lighting
Improvements		 16,074
Computer
and Wefi Improvements		 3,055
Architect's fees for Projects 19,601 19,601 11,431
168,258 168,258 47,627

Unrestricted
Funds
Unrestricted Designated
Funds Fund Total Total
General Tangible Restricted Endowment Funds Funds
Fund Fixed Assets Funds Funds 2022 2021
E E F E E
11 Outreach
Donations
1 Collections taken at Tuesday
Concerts
2 Retiring
Collections		 for specific
purposes:
Lent Services —Bunyan
Meeting
The Bishop's Harvest Appeal
3Funds raised by the Outreach
Committee
Memo —Pastoral Work within the
Parish
Christian
Aid DEC		 Appeal
College of Ihe Transfiguration
Swaziland Schools Project
Total distributed during the Year

Comparatives
for the Sta		 tement of Fi nancial Activities
Unrestricted
Unrestricted Funds
Funds Designated Total
General Fund Restricted Endowment Funds
Fund
f		 Legacy Fund
f		 Funds
f		 Funds
f		 2021
f
Income and Endowments from:
Voluntary
Income		 164,002 38,218 202,220
Activities for Generating Funds 14,434 14,434
Church Activities 5,002 239 5,241
Investment
Income		 12 57 69
Total 183,450 38,457 57 221,964
Expenditure
on:
Church Activities 183,450 28,250 20,496 223,546
183,450 28,250 20,496 223,546
Net Gain/(Loss)
on Investments		 285 285
Net Incomel(Expenditure) 8,650 (28,250) 17,961 342 (1,297)
Transfer between
Funds
Net movement
in Funds		 8,650 (28,250) 17,961 342 (1,297)
Reconciliation
of Funds
Funds broughi
forward		 10,433 395,500 36,258 2,950 445,141
Funds carried forward 19,083 367,250 54,219 3,292 443,844

Tangible Fixed Assets
Movable
Church
Furnishings Total
f f
Cost or Valuation At 1a January 2022 and 31a December 2022 565,000 565,000
Depreciation At 1a January 2022 197,750 197,750
Charge for Ihe Year 28,250 28,250
At 31a December 2022 226,000 226,000
Net Book Value At 31a December 2022 339,000 339,000
At 31a December 2021 367,500 367,500
transitional
provisions,
under which the		 valua tion
as at 1a January 201		 5is applied
t		 o assets extant at t hat date.
Total Funds Total Funds
2022 2021
14 Investments
Endowment
Fund
Investment
at Fair Value		 2,066 2,248
Investments
consist offunds invested		 in the CBFChurch of England Investment
Fund. The holding at 31a Dacember2022 was 96shares which cosi f100.
15 Debtors
Debtors 11,135 8,527
Gift Aid recoverable 1,935
11,135 8,482
18 Deposits, Bank and Cash Balances
CBFDeposit Fund 29,019 33,618
Bank Accounts
Current Account 28,423 29,173
Sir Alexander
Leith Fund		 3,274 3,231
Outreach
Committee
Account		 4,423 4,514
Bells Appeal Account 33,929 1,761
Cash
m Hand
99,068 72,297
17 Creditors: (falling due within one year)
General
Creditors and Accruals		 9,045 6,413
The Parochial
Church
Council of the Ecclesiastica!
(Registered
Charity
Number 1134614)
Notes to the Financial Statements
Year ended 31"December 2022
Balance
1"January
Incoming		 The Parochial
Church
Council of the Ecclesiastica!
(Registered
Charity
Number 1134614)
Notes to the Financial Statements
Year ended 31"December 2022
Balance
1"January
Incoming		 The Parochial
Church
Council of the Ecclesiastica!
(Registered
Charity
Number 1134614)
Notes to the Financial Statements
Year ended 31"December 2022
Balance
1"January
Incoming		 The Parochial
Church
Council of the Ecclesiastica!
(Registered
Charity
Number 1134614)
Notes to the Financial Statements
Year ended 31"December 2022
Balance
1"January
Incoming		 The Parochial
Church
Council of the Ecclesiastica!
(Registered
Charity
Number 1134614)
Notes to the Financial Statements
Year ended 31"December 2022
Balance
1"January
Incoming		 The Parochial
Church
Council of the Ecclesiastica!
(Registered
Charity
Number 1134614)
Notes to the Financial Statements
Year ended 31"December 2022
Balance
1"January
Incoming		 The Parochial
Church
Council of the Ecclesiastica!
(Registered
Charity
Number 1134614)
Notes to the Financial Statements
Year ended 31"December 2022
Balance
1"January
Incoming		 Parish of St Paul, Bedford
IItin,
I
Change
Balance
Outgoing
Transfers
during
Year
31"December		 Parish of St Paul, Bedford
IItin,
I
Change
Balance
Outgoing
Transfers
during
Year
31"December		 Parish of St Paul, Bedford
IItin,
I
Change
Balance
Outgoing
Transfers
during
Year
31"December		 Parish of St Paul, Bedford
IItin,
I
Change
Balance
Outgoing
Transfers
during
Year
31"December		 Parish of St Paul, Bedford
IItin,
I
Change
Balance
Outgoing
Transfers
during
Year
31"December		 Parish of St Paul, Bedford
IItin,
I
Change
Balance
Outgoing
Transfers
during
Year
31"December		 Parish of St Paul, Bedford
IItin,
I
Change
Balance
Outgoing
Transfers
during
Year
31"December		 Parish of St Paul, Bedford
IItin,
I
Change
Balance
Outgoing
Transfers
during
Year
31"December		 Parish of St Paul, Bedford
IItin,
I
Change
Balance
Outgoing
Transfers
during
Year
31"December		 Parish of St Paul, Bedford
IItin,
I
Change
Balance
Outgoing
Transfers
during
Year
31"December
E E E E E
18 Endowment
Funds
Chancel
Fund
Original
Endowment		 100 100
Unrealised
Capital Gain
Accumulated
Income		 2,148
1,044		 (182)
62		 (182)
62		 1,966
1,106
3,292 (120) (120) 3,172
19 Restricted Funds
Bell Ringers
Fund		 1,548 1,548
Building Repairs Fund
Choir Robes Fund		 3,071
187		 3,071
187
Choral Scholarship
Clergy Robes Fund		 Fund 10,433 10,433
Clock Fund 2,896 2,896
Drama days Fund
Education
Fund		 86 80 80 86
Fabric Projects Fund
Fellowship
Lunches
Fund		 659
960		 550 (550) 109
960
Flower Fund 229 229
Homeless
Support Fund
Music Fund		 3,070
4,370		 3,070
4,370
New Chairs 148 148
Organ Scholar Fund
Mission fund —Father Luke
Peter and Paul Statues Fund		 2,527
875		 4,000 2,523 1,477 2,527
1,477
875
Servers Robes Fund 2,090 2,090
Special Mission
Fund
Staging Fund
BellTower		 4,000
2,670		 39,715 5,786 33,929 4,000
2,670
33,929
TowerAppeal 13,888 155 (155) 13,733
Outreach
Fund - restricted
element 512 115 200 427
54,219 43 830 9,294 80 34,616 88,835
Unrestricted
Funds
0 General Fund 19,083 337,922 345,708 (80) (7,866) 11,217
Designated
Fund —Tangible
Fixed Assets 367,250 28,250.00 (28,250.00) 339,000
386,333 337,922 373,958 (80) (36,116) 350,217
443,844 381,632 383,252 (1,620) 442,224
1 Summary
ofAssets by Fund
Unrestricted
Funds
Designated
Unrestricted Fund
Funds Tangible Restricted Endowment Total Funds
General
Fund		 Fixed Assets Funds Funds 2022
E 8 E E E
Tangible
Fixed Assets		 339,000 339,000
Investment
Fixed Assets
Current Assets		 20,262 88,835 2,066
1,106		 2,066
110,203
Liabilities (9,045) (9,045)
11,217 339,000 88,835 3,172 442,224
12