2022-12-31-accounts - The Parochial Church Council Of The Ecclesiastical Parish Of St Mary, Cheadle

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BALANCE	BALANCE	SHEET AS AT Ef	SHEET AS AT Ef	DECEMBER	2022
						2022	2021
				St Mary's	St Cuthbert's	Total	Tota I
			Note	6	6
Fixed Assets
Tangible Assets				391,153	293,392	684,545	741,628
investments				1,238		1,238	1,361
				392,391	293,392	685,783	742,989
Current Assets
Stock				1,850		1,850	270
Debtors				54,351	12,931	67,282	37,032
Inter-Church				19,332	(19,332)
Short term deposits				21,119		21,119	20,845
Cash at bank and		in hand		279,631	72,205	351,836	221,561
Total Current Assets				376,283	65,804	442,087	279,708
Llabllltles:	amounts		falling
due within	one	year	8	(25,618)	(5,463)	(31,081)	(23,192)
Net Current	Assets			350,665	60,341	411,006	256,516
Llabllltles:	amounts		falling
due after more		than	one
year				(31,161)		(31,161)	(34,001)
Net Assets				711,895	353,733	1,065,628	965,504
Funds
Unrestricted				500,175	275,561	775,736	653,027
Restricted				211,720	78,172	289,892	312,477
Total Funds				711,895	353,733	1,065,628	965,504

CASH FLOW STATEMENT FOR THE YEAR	CASH FLOW STATEMENT FOR THE YEAR	CASH FLOW STATEMENT FOR THE YEAR	ENDED	31DECEMBER	2022
				2022	2021
				E
Cash flows from Operating Activities
Net Cash Provided by Operating	Activities as shown
below				133,933	(29,450)
Cash Flows from Investing Activities
Interest Received				10,567	3,476
Purchase of Property, Plant & Equipment				(11,045)	(21,238)
Purchase of Investments
Net Cash Provided by Investing		Activities		(478)	(17,762)
Cash Flows from Financing Activities
Repayment of Amounts Borrowed				(2,907)	(2,974)
Net Cash Provided by Financing		Activities		(2,907)	(2,974)
			A+B+
Overall Cash Provided by all Activities			C	130,548	(50,186)
Reconciliation of net income to		net cash flow
from operating activities
Net income as shown in the Statement of Financial				100,124	(63,989)
Activities
Adjustments for
Depreciation charges				68,128	66,893
Net unrealised losses on investment		assets		123	(201)
Dividends, interest and rents from		investments		(10,567)	(3,476)
Increase in stocks				(1,580)
Increase in debtors				(30,250)	21,550
Increase in creditors, excluding loans				7,955	(50,229)
Net cash provided by operating		activities	A	133,933	(29i430)

						2022	2021
Analysis of cash and		cash equivalents
Cash	in hand at for the	year ended	31 December	2021		372,955	238,534
Total	cash and cash equivalents					372,955	238,534
Analysis of change ln		net debt
				At	Start of	Cash Flows	At End of
					Year		Year
Cash					242,406	130,549	372,955
Loans	falling due within	one year			(2,974)	67	(2,907)
Loans	falling due after	more than	one year		(34,001)	2,840	(31,161)
Total					205,431	133,458	338,887

INCOMING RESOURCES	INCOMING RESOURCES	INCOMING RESOURCES
	2022		St Mary's	2022	St Cut hbert's	2022
			UR	R	UR	R	2022
					5
2a	Donations and Legacies
	Planned Giving		316,979	3,175	104,991		425,145
	Unplanned giving		251,193	5,925	5,064		262,182
	Grant income		7,607	20,075	483		28,165
	Legacies		3,066				3,086
			578,865	29,175	110,538		718,578
2b	Charitable Activities
	Fees received		8,282		920		9,202
	Cafe		83,920				83,920
	Houseparty contributions
	Income from church
	activities		10,618	1,433	547		12,598
			102,820	1,433	1,467		105,720
2c	Investments
	Upper Room/Church income	hire	9,695				9,695
	Property Rental		324				324
	Bank interest receivable
	Decrease in value on		525		23		548
	investment account		(123)				(123)
			10,421		23		10,444
2d	Other
	Insurance Claim
	TOTAL INCOMING
	RESOURCES		692,106	30,608	112,028		834,742

				St Mary's	2022	St Cuthhert's
				UR	R	UR	2022	2021
3a				f	f
	Raising Funds
	Fundraising		Costs	443	89	2	534
	Thanksgiving		Campaign	141			141	214
	Mortgage	interest		1,633			1,633	1,293
				2 217	89	2	2,308	1,507

2022			St Mary's	St Mary's	2022	St Cuthbert's	St Cuthbert's	2022
			UR		R	UR		R	2022
			f		6			5	5
Charitable
Activities
Resources -	Maintenance		31,671		20,025	9,843			61,539
Resources- Utilities			51,812			11,152			62,964
Children and	Youth		3,416		107	172			3,695
Discipleship			2,387			25			2,412
Evangelism			7,592			1,981			9,573
Ministry (including		parish
share and ministry
salaries)			156,329		3,446	64,591			224,366
Social and Community			2,052		1,413	223			3,688
Worship			9,106		75	3,671			12,852
Mission			44,889		800	11,760			57,449
Finance and	Admin		97,599		426	2,813			100,838
Cafe			115,374						115,374
Houseparty
Pastoral			532		615	555			1,702
Capital expenditure			2,476		3,006				5,482
Depreciation			5,056		12,853	38,638		11,581	68,128
Governance	costs		1,528			720			2,248
Subtotal			531,819	42,766		146,144		11,58'I	732,310
TOTAL RESOURCES			534,036	42,855		146,146		11,581	734,618
EXPENDED
NET			158,070	(12,247)		(34,118)	(11,581)		100,124
INCOME/OUTGOING
RESOURCES
Included ln the above
are;
Independent			1,440			720			2,160
Examination	fee
Other fees paid to
Independent	Examiner
			1,440			720			2,160

	2021			St Mary's	2021	St Cuthbert's	2021
				UR	R	UR	R	2021
				f	f
	Charitable
3b	Activities
	Resources -	Maintenance		25,347	10,596	20,420	104	56,467
	Resources- Utilities			36,727		13,462		50,189
	Children and	Youth		652		333		988
	Discipleship			1,019		195		1,214
	Evangelism			4,299		940		5,239
	Ministry (including		parish
	share and ministry salaries)			155,987	1,019	74,818		231,824
	Social and Community			396	550	286		1,232
	Worship			8,238	960	6,583		15,781
	Mission			38,271		9,582		47,853
	Finance and	Admin		84,862	109	1,956		86,927
	Cafe			54,835	9,169			64,004
	Houseparty			7,588		200		7,788
	Pastoral			119	4,735	577		5,431
	Capital expenditure			579				579
	Depreciation			5,059	12,230	38,026	11,581	66,896
	Governance	costs		1,618		736		2,354
	Subtotal			425,596	39,371	168,114	11,685	644,766
	TOTAL RESOURCES			427,103	39,371	168,114	11,685	646,273
	EXPENDED
	NET			8,181	(11,256)	(49,333)	(11,581)	(63,989)
	INCOME/OUTGOING
	RESOURCES
	Included in	the above
	are; Independent			1,472		736		2,208
	Examination	fee
	Other fees paid to
	Independent	Examiner
				1,472		736		2,208

					St Mary'	s		St Cuthbert's
	2022				UR		R	UR		R	2022
								f		6	6
	Salaries, benefit		&
	pension costs
	Gross Salary			165,891				3,323			169,214
	Employers	national		4,512							4,512
	insurance
	Employers	pension		4,338				30			4,368
	Total			174,741				3,353			178,094
				St	Mary' s			St Cuthbert's
2021				UR		R		UR	R		2021
Salaries, benefit		&
pension costs
Gross	Salary			131,092	13,359			14,739			159,190
Employers national				3,696				214			3,910
insurance
Employers pension				3,586				371			3,597
Total				138,374	13,359			15,324			167,057


Staff Numbers	for St Mary's and St Cuthbert's
		2022	2021
Full time equivalent	staff (number)		6

			Freehold	land	Freehold	Equipment	Equipment	Total
			ft buildings		land 8	and furniture	and furnIture
			St Mary' s		buildings	St Mary' s	St Cuthbert's
					St
					Cuthbert's
				8		5		8
		Cost as at1.1.22	411,959		1,053,045	350,554	83,463	1,899,021
		Additions				7,986	3,059	11,045
		Disposals				(645)		(645)
	Cost as at 31.12.22		411,959		1,053,045	357,895	86,522	1,909,421
Depreciation as at 1.1.22 Charge for the year Disposals			35,790 7,158		717,141 47,552	325,647 10,751 (645)	78,816 2,667	1,157,393 68,128 (645)
Depreciation as at 31.12.22			42,948		764,693	335,753	81,482	1,224,876
Net	book	value as at	376,169		335,904	24,907	4,648	741,628
1.1.22
	Net	book value as at	369,011		288,352	22,143	5,040	684,545
		31.12.22
6.	FIXED ASSET INVESTMENTS
				2022		2021
						6
	Market Value at1.1.22			1,361		1,160
		Additions at Cost
	Disposals at Value
		Revaluation		(123)		201
Market Value as at 31.12.21				1,238		1,361
Investments		at Market Value		2022		2021
		Comprised
	CBFChurch of England			1,238		1,361
		Fund
				1,238		1,361

7.	DEBTORS
				2022	2021
	Income tax recoverable		St Marys	39,140	12,479
	Income tax recoverable		St Cuthberts	11,899	17,594
	Prepayments	—St Cuthberts		914	882
	Prepayments	- St Marys		12,057	5,507
	Other debtors	- St Marys		3,154	570
	Other debtors	—St Cuthberts		118
				67,282	37,032
	INTER CHURCH
	Owing from St Cuthbert's		to St Marys	19,332	20,782
	Owing from St Marys to		St Cuthbert's
				19,332	20782
8.	CREDITORS
				2022 f	2021f
	Accruals St Marys			22,711	15,708
	Accruals St Cuthbert's			5,462	3,812
	PAYE/NI
	Pensions				698
	Loan			2,907	2,974
				31,080	23,192

FUND BALANCES
	As at 01.01.22	Incoming Resource s	Resources Expended	Transfer s		As at 31.12.22
Restricted Funds
Held by St Marys Donations from Trusts Special Collections and Donations Children and Youth Work Church Fabric Upper Room Roof AV Project Arts Ministry Warren avenue Legacy Bells PCC Projects	2.503 6.822 8,112 270 22 55,521 36,566 112,908	75 1,231 6,347 20,720 1,435 800	(75) (615) (3,552) (888) (1,889) (270) (1415) (6,602) (16,572) (10,177) (800)		(2500) 3,743	619 9,617 7,224 22,574 42 48,919 19,994 102,731
Mission
Subtotal St Marys	222,724	30,608	(42,855)		1,243	211,720
Held by St Cuthbert's 4 Cuthbert Rd Development	89,753		(11,581)			78,172
Sub total St Cuthbert's	89,753		(11,581)			78,172
Total Restricted Funds	312,477	30,608	(54,436)			289,892
Unrestricted Funds
Held by St Marys Designated Property Designated Upper room Designated Upper Room Cafe Designated church & churchyard General	268,798 113 435 11,056 62,946	683 30 691,393	(113) (586) (1,368) (531,969)		(1,243)	268,798 532 9,718 221,127
Sub total St Marys	343,348	692,106	(534,036)		(1,243)	500,175
Held by St Cuthbert's Designated- Property Designated- Building Extension General Fund	102,000 144,238 63,441	112,028	(35,971) (110,175)			102,000 108,267 65,294
Sub total	309,679	112,028	(146,146)			275,561
Total Unrestricted Funds	653,027	804,134	(680,182)		(1,243)	775,736
TOTAL FUNDS	965,504	834,742	(734,618)			1,065,628