# **PARISH OF ST PHILIP AND ST JAMES, LECKHAMPTON WITH ST CHRISTOPHER’S, WARDEN HILL ANNUAL REPORT OF THE PAROCHIAL CHURCH COUNCIL FOR THE YEAR ENDED 31[ST] DECEMBER 2022 CHARITY NUMBER 1134837** ## **Administrative information** Parish of St Philip and St James, Leckhampton with St Christopher’s, Warden Hill is situated in Cheltenham. It is comprised of the church of St Philip and St James, Leckhampton together with its daughter church St Christopher’s, Warden Hill. It is part of the Diocese of Gloucester within the Church of England. The correspondence addresses are as follows: St Philip and St James Church, Grafton Road, Cheltenham, GL50 2DD (www.pipandjims.org.uk). St Christopher’s Church, 1 Lincoln Avenue, Warden Hill, Cheltenham, GL51 3DD – (www.tciwh.org.uk) The names of the current trustees of the PCC are disclosed on the Charity Commission website. ## **Structure, governance and management** St Christopher’s, Warden Hill was built as a daughter church to St Philip and St James, Leckhampton in 1961. Each church has its own independent Church Council with the combined Parochial Church Council of the parish being made up of the members of each of the Church Councils. In 2010 St Christopher’s became part of a local ecumenical partnership (LEP) with the United Reform Church of Warden Hill. As of 31 August 2022 the LEP was dissolved and as a result separate financial accounts have been prepared for: - a) The period from 1 January 2022 to 31 August 2022 whilst the LEP was in place which combines the financial resources and liabilities of the total LEP (The Church in Warden Hill). - b) The period from 1 September 2022 to 31 December 2022 which show the financial resources and liabilities of St Christopher’s only. The method of appointment of PCC members is set out in the Church Representation Rules. All Church attendees are encouraged to register on the Electoral Roll and stand for election to the PCC. ## **Objectives and Activities** St Philip and St James, Leckhampton with St Christopher’s, Warden Hill PCC has the responsibility of co-operating with the incumbent in promoting in the ecclesiastical parish the whole mission of the Church, pastoral, evangelistic, social and ecumenical. It also has maintenance responsibilities for the properties owned by the churches. ## **Achievements and Performance** The achievements and performance of the two churches are set out in the individual reports prepared for each church’s AGM. These are available from the correspondence addresses above. ## **Financial Review** The two churches within the parish operate their finances independently from one another. Each church adopts its own accounts at its individual AGM and these individual accounts are adopted at the PCC AGM. St Philip and St James excluding Youth Work For the 2022 financial year the net funds available to the Church decreased by £30k, or £20k if nonrecurring items are excluded. Increases in energy costs had a significant negative impact during the year. £51k of income from the use of the Church was recognised during the year. Total assets were in excess of liabilities by £158k. In terms of this balance there was £30k invested in CCLA investment funds, £103k in current or deposit cash accounts and £98k of fixed assets with the remainder of the net assets consisting of gift aid debtors, loan liabilities of £75k and sundry liabilities. Unrestricted liquid net assets at the year-end were £32k. More information on the Church’s income and expenditure is provided in the accounts document that is made available for the AGM. ## South Cheltenham Youth Work For the 2022 financial year expenditure exceeded income by £8k. Youth work cash held and other related assets and liabilities at the end of 2022 totalled £45k. ## The Church in Warden Hill Due to the dissolution of the LEP as at 31 August 2022 separate financial accounts have been prepared for: - a) The period from 1 January 2022 to 31 August 2022 whilst the LEP was in place which combines the financial resources and liabilities of the total LEP (The Church in Warden Hill). - b) The period from 1 September 2022 to 31 December 2022 which show the financial resources and liabilities of St Christopher’s only. Both sets of accounts are on a receipts and payments basis. For the period to 31 August 2022 there was a surplus of income over expenditure of £13k. The overall financial position at 31 August 2022 showed total assets in excess of liabilities amounting to £95k of which £67k was ascribed to St Christopher’s on dissolution of the LEP. For the period 1 September to 31 December there was a deficit of income over expenditure of £8k and the overall financial position at 31 December 2022 showed total assets in excess of liabilities amounting to £59k. ## **Reserves policy** St Philip and St James, Leckhampton It is Church Council policy to maintain a balance on unrestricted funds (if possible), which covers: - Three months running costs for the church and Church House. - • Two months salary costs. - An amount for likely building works at the next quinquennial inspection and for on-going care and maintenance of the church. - An amount to cover emergency building work. - A budget for future refurbishment projects. - A budget for mission projects e.g. Youth work. At the end of 2022 there were actual unrestricted reserves of £158k of which £32k were considered liquid. Following the completion of the re-ordering project the Church is looking to strengthen its financial position via the hire of the re-ordered Church space and facilities to external parties. ## The Church in Warden Hill It is Church Council policy to maintain a balance on unrestricted funds (if possible), which equates to approximately six months unrestricted payments, to cover emergency situations that may arise from time to time. The balance as at 31 December was £0k and the Church is looking to strengthen its financial position via prudent management. ## **Future outlook** The two churches will continue to pursue a wide range of activities to fulfil the mission of the church. **Year end 31 December 2022 accounts for:** - **a) The Church of St Philip and St James, Leckhampton excluding the Church in Warden Hill and St Christopher’s Church (pages 2-14)** - **b) The Church in Warden Hill from 1 January 2022 to 31 August 2022 (pages 15-18)** - **c) St Christopher’s Church, Warden Hill from 1 September 2022 to 31 December 2022 (pages 19-22)** **Whilst St Philip and St James, Leckhampton and St Christopher’s Church are part of the same Church of England parish their finances are run separately, and their accounts are subject to the approval of the separate Church Councils. As such the accounts are presented separately in this document and are subject to separate independent examinations.** **The Church in Warden Hill was a Local Ecumenical Partnership between St Christophers Church and the United Reformed Church. The partnership was dissolved on 31 August 2022. As such separate accounts have been prepared for:** - **a) The Church in Warden Hill from 1 January 2022 to 31 August 2022; and b) St Christopher’s Church, Warden Hill from 1 September 2022 to 31 December 2022.** **The accounts for the Church of St Philip and St James, Leckhampton are prepared on an accruals basis and comply with the requirements of FRS 102 and the Charities SORP.** **The accounts of the Church in Warden Hill and St Christopher’s Church are prepared on a receipts and payments basis.** 1 ## **Parish of St Philip and St James, Leckhampton Accounts review for year ended 31 December 2022** The income and expenditure in respect of the South Cheltenham team ministry youth work are included in these accounts but shown separately from the standalone results of St Philip and St James. ## Net movement in funds |**£k**|**2022**|**2021**|**2020**|**2019**|**2018**| |---|---|---|---|---|---| |Incoming resources excluding major one-off items|224|178|135|161|159| |Resources expended excluding major one-off items|(244)|(185)|(158)|(187)|(179)| |**Movement in funds excluding non-recurring items**
**and depreciation**|**(20)**|**(7)**|**(23)**|**(18)**|**(30)**| |Legacies|50|8|1|15|0| |Depreciation on Church reordering fixtures and
fittings|(13)|(13)|(1)|(1)|(1)| |Church re-ordering income|35|345|447|142|76| |Church re-ordering expenditure|(78)|(1,313)|(1,326)|(95)|(42)| |Proceeds of Acton Trust liquidation|0|133|0|0|0| |Additional insurance costs relating to contractors|0|0|(6)|0|0| |Expenses related to sale of Church House|0|0|0|(32)|0| |Church House income less running costs|0|0|0|(4)|(2)| |Investment gains / (losses)|(4)|0|4|13|(6)| |Change in valuation of Church House from £1,500k
to £1,675k|0|0|0|0|175| |**Net movement in funds P&J only**|**(30)**|**(847)**|**(904)**|**20**|**170**| |Youth work incoming resources|7|20|24|23|22| |Youth work resources expended|(15)|(20)|(20)|(18)|(9)| |**Youth work net movement in funds**|**(8)**|**0**|**4**|**5**|**13**| |**Net movement in funds including youth work**|**(38)**|**(847)**|**(900)**|**25**|**183**| - Before one-off items and depreciation there was a deficit for P&J excluding youth work of £20k. Increases in energy costs of £13k are contributing to the deficit. - Income from the use of Church building and facilities of £51k has been generated during 2022. ||Balance sheet|||||| |---|---|---|---|---|---|---| ||**£k**|**2022**|**2021**|**2020**|**2019**|**2018**| ||P& J balance sheet|||||| ||Fixed assets–revalued Church House|0|0|0|0|1,675| ||Fixed assets–other|98|111|50|2|2| ||Investment assets–fixed interest funds|14|16|53|50|109| ||Investment assets–share funds|16|18|34|32|49| ||Other debtors (gift aid recoverable, church hire
monies receivable and prepayments)|10|29|34|37|22| ||Cash deposit account|90|69|734|1,803|36| ||Current account|13|24|138|19|40| ||Loan liability (interest free, repayable 2025)|0|0|(5)|0|0| ||Loan liability (interest free, repayable 2031)|(75)|(75)|0|0|0| ||Liabilities|(8)|(3)|(2)|(3)|(13)| ||**P&J net assets**|**158**|**189**|**1,037**|**1,940**|**1,920**| ||_Of which liquid unrestricted net assets_|_32_|_40_|_911_|_1,813_|_187_| ||Youth work balance sheet|||||| ||Other debtors (gift aid recoverable)|1|2|2|2|2| ||Current account|61|53|52|48|42| ||Liabilities (increase in 2022 reflects delayed
payment of SCC team Parish Share)|(17)|(2)|(2)|(2)|0| ||**Youth work net assets**|**45**|**53**|**52**|**48**|**44**| ||**Total net assets including youth work**|**203**|**242**|**1,088**|**1,988**|**1,964**| ||_Of which restricted_|_70_|_79_|_109_|_143_|_91_| ||_Of which unrestricted and designated_|_133_|_163_|_979_|_1,845_|_1,873_| 2 - Fixed assets includes reordering furniture (£73k) and the portable organ and piano (£25k). Depreciation is being allowed for on a straight line basis over an estimated 10 year useful life giving a charge of £13k per annum. ## Restricted and designated funds |**£k**|**2022**|**2021**| |---|---|---| |Choral tradition|4|10| |Community Engagement Officer / Venue manager|0|7| |Community activities grants|13|9| |Ukraine|1|0| |Youth work|45|53| |**Total restricted funds**|**63**|**79**| - In addition, the Church has designated funds of £4k in relation to support to St Andrew’s Ramallah during 2023. ## **INCOMING RESOURCES P&J EXCLUDING YOUTH WORK** 1. Voluntary Income |**£k**|**2022**|**2021**| |---|---|---| |Parish Giving Scheme|90|79| |Income tax recoverable on Parish Giving Scheme|21|18| |Other planned giving|8|10| |Other giving|8|7| |Income tax recoverable on other giving|3|4| |Collections (open plate)|2|1| |Sundry donations (including coffee)|9|4| |Grants (Acton Trust)|0|133| |Other grants|11|19| |Charity collections|8|2| |Legacies (1 unrestricted legacy received in year)|50|8| |**TOTAL**|**210**|**285**| - Increase in Parish Giving Scheme reflects new joiners to the scheme and inflationary increases in giving. - Other grants includes £5k from Sylvanus Lysons for community engagement officer, and £7k for Community Activities (Glos CC). 2. Church reordering |**£k**|**2022**|**2021**| |---|---|---| |Gift aided donations|5|16| |Non gift aid donations|0|21| |Income tax recoverable on gift aided donations|1|4| |VAT reclaim|26|231| |Grants|0|71| |Other fund raising|2|2| |**TOTAL**|**34 **|**345**| 3 ## **INCOMING RESOURCES P&J EXCLUDING YOUTH WORK (continued)** 3. Activities to generate funds |**£k**|**2022**|**2021**| |---|---|---| |Income from use of church and facilities|51|25| |**TOTAL**|**51**|**25**| - Includes £2k of proceeds from events which were shared with charities (see charitable giving below). 4. Investment return |**£k**|**2022**|**2021**| |---|---|---| |Dividends from investment funds|1|2| |Interest on deposit account|2|0| |Gains / (losses) on annual revaluation|(4)|0| |**TOTAL**|**(1)**|**2**| - As at December 2022 the CCLA deposit account was paying 2.6% interest per annum. - • Losses on annual revaluation reflect market value losses on CCLA Fixed Interest and Investment funds driven by increased interest rates and falls in equity markets. ## **RESOURCES EXPENDED** 1. Charitable giving |**£k**|**2022**|**2021**| |---|---|---| |Support to St Andrew’s Church, Ramallah, Palestine|8|0| |Charitable giving out of planned income|4|0| |Other charitable giving from collections and events|10|2| |**TOTAL**|**21**|**2**| The £8k for St Andrew’s Church, Ramallah includes £4k for children’s work through their nursery and £4k for travel expenses accrued in these accounts and paid in January 2023. Charitable giving out of planned income includes £900 paid to each of A Rocha, GARAS, Cheltenham YMCA, Christians Against Poverty. Other charitable giving includes £4k in respect of Ukraine, £3k in respect of Christmas collections and £2k in respect of events where proceeds were shared with charities. 2. Charitable activities - directly relating to the work of the church |**£k**|**2022**|**2021**| |---|---|---| |Parish Share|97|92| |Contribution to team expenses|1|1| |Clergy expenses and other staff expenses|2|2| |Church running expenses|37|21| |Upkeep of services (includes Musical Director salary)|17|13| |Church maintenance|14|9| |Depreciation of furnishings|13|13| |Parish Office costs (includes Parish Administrator
salary)|23|17| |Parish Office rental during re-ordering|0|2| |Other salaries (Community engagement officer)|21|13| |Support costs relating to activity of church|4|3| |Youth worker contributions / expenses|0|6| |Expenses in relation to Community support|1|1| |Fees paid to GDBF / choir|4|2| |**TOTAL**|**234**|**195**| 4 ## **RESOURCES EXPENDED (continued)** - Increase of £16k in church running costs primarily reflects increased energy costs (+£7k gas, +£6k electricity). - Church maintenance includes £5k in respect of organ blower. - Increase in Parish office costs primarily reflects a£5k increase in employment costs of Parish administrator. 3. Church re-ordering |**£k**|**2022**|**2021**| |---|---|---| |Main contractor (Ken Biggs Contractors Limited)|72|1,256| |Architect fees|2|16| |Other professional fees|1|27| |Fund raising costs|0|1| |Furnishings and fittings|3|13| |Other re-ordering costs|0|0| |**TOTAL**|**78**|**1,313**| - £34k of these re-ordering expenses were met from restricted giving during 2022 with the remainder coming from unrestricted funds. ## **YOUTH WORK SUMMARY** |**£k**|**2022**|**2021**| |---|---|---| |Parish Giving Scheme donations and tax recovered
Other giving
Income tax recoverable
P&J contribution
Other PCC contributions|5
2
0
0
0|5
2
0
6
7| |**TOTAL YOUTH WORK INCOME**|**7**|**20**| |Payments to Youth for Christ for leaders
Other Youth ministry costs|11
4|16
4| |**TOTAL YOUTH WORK EXPENDITURE**|**15**|**20**| |**NET MOVEMENT IN FUNDS**|**(8)**|**0**| 5 |**The Church of St Philip and St James, Leckhampton**
_‘seeing Christ in the world, being Christ in the world’_
**Statement of Financial Activities**
**For the year ended 31 December 2022**
Unrestricted
Funds
Note
£
INCOMING RESOURCES
_Voluntary Income_
2(a)
189,934
_Church re-ordering_
2(b)
0
_Income from church activities_
2(c)
11,429
_Activities for generating funds_
2(d)
49,107
_Income from investments_
2(d)
2,638
_Other incoming resources_
2(f)
0
**TOTAL INCOMING RESOURCES**
253,108
RESOURCES EXPENDED
_Costs of charitable activities_
3(a)
226,243
_Cost of church reordering_
3(b)
43,610
_Cost of governance and fund raising activities_
3(c)
1,649
**TOTAL RESOURCES EXPENDED**
271,502
**NET INCOMING/(OUTGOING) RESOURCES**
(18,394)
TRANSFERS BETWEEN FUNDS
0
(LOSSES) / GAINS ON INVESTMENTS
(4,215)
**NET MOVEMENT IN FUNDS**
(22,608)
**BALANCES BFWD AT START OF YEAR**
**ST P&J EXCLUDING YOUTH WORK**
163,063
**BALANCES CFWD AT END OF YEAR**
**ST P&J EXCLUDING YOUTH WORK**
140,455
**South Cheltenham Youth Work**
TOTAL INCOMING RESOURCES
3(d)
0
TOTAL RESOURCES EXPENDED
3(d)
0
NET MOVEMENT IN FUNDS
3(d)
(0)
**BALANCES BFWD AT START OF YEAR**
**ST P&J INCLUDING YOUTH WORK**
163,063
**BALANCES CFWD AT END OF YEAR**
**ST P&J INCLUDING YOUTH WORK**
140,455
**END OF STATEMENT OF FINANCIAL AC**|**The Church of St Philip and St James, Leckhampton**
_‘seeing Christ in the world, being Christ in the world’_
**Statement of Financial Activities**
**For the year ended 31 December 2022**
Unrestricted
Funds
Note
£
INCOMING RESOURCES
_Voluntary Income_
2(a)
189,934
_Church re-ordering_
2(b)
0
_Income from church activities_
2(c)
11,429
_Activities for generating funds_
2(d)
49,107
_Income from investments_
2(d)
2,638
_Other incoming resources_
2(f)
0
**TOTAL INCOMING RESOURCES**
253,108
RESOURCES EXPENDED
_Costs of charitable activities_
3(a)
226,243
_Cost of church reordering_
3(b)
43,610
_Cost of governance and fund raising activities_
3(c)
1,649
**TOTAL RESOURCES EXPENDED**
271,502
**NET INCOMING/(OUTGOING) RESOURCES**
(18,394)
TRANSFERS BETWEEN FUNDS
0
(LOSSES) / GAINS ON INVESTMENTS
(4,215)
**NET MOVEMENT IN FUNDS**
(22,608)
**BALANCES BFWD AT START OF YEAR**
**ST P&J EXCLUDING YOUTH WORK**
163,063
**BALANCES CFWD AT END OF YEAR**
**ST P&J EXCLUDING YOUTH WORK**
140,455
**South Cheltenham Youth Work**
TOTAL INCOMING RESOURCES
3(d)
0
TOTAL RESOURCES EXPENDED
3(d)
0
NET MOVEMENT IN FUNDS
3(d)
(0)
**BALANCES BFWD AT START OF YEAR**
**ST P&J INCLUDING YOUTH WORK**
163,063
**BALANCES CFWD AT END OF YEAR**
**ST P&J INCLUDING YOUTH WORK**
140,455
**END OF STATEMENT OF FINANCIAL AC**|Restricted
Funds
£
19,963
34,573
0
2,141
0
0|2022
£
209,896
34,573
11,429
51,248
2,638
0
TOTAL|2021
£
285,108
344,872
6,750
25,383
1,900
782
FUNDS| |---|---|---|---|---| |||56,677|309,785|664,795| |||30,094
34,573
0|256,337
78,183
1,649|196,968
1,313,091
1,328| ||271,502|64,667|336,169|1,511,387| ||(18,394)|(7,990)|(26,384)|(846,592)| ||0
(4,215)|0
0|0
(4,215)|0
(101)| ||(22,608)|(7,990)|(30,599)|(846,693)| |||||| ||163,063|25,956|189,019|1,035,712| |||||| ||140,455|17,966|158,421|189,019| ||0
0|7,615
15,312|7,615
15,312|19,924
19,915| ||(0)|(7,697)|(7,697)|9| ||163,063|78,478|241,542|1,088,225| |||||| ||140,455|62,791|203,246|241,542| ||**F FINANCIAL AC**|**TIVITIES**||| 6 |**The Church of St Philip and St James, Leckhampton**|**The Church of St Philip and St James, Leckhampton**|**The Church of St Philip and St James, Leckhampton**||| |---|---|---|---|---| |_‘seeing Christ in the world, being Christ in the world’_||||| |**Balance Sheet at 31 December 2022**||||| ||Note|2022||2021| |||£||£| |FIXED ASSETS||||| |Tangible fixed assets - other|5(a)|98,193||111,069| |Investment assets|5(b)|29,553||33,371| |||127,746||144,440| |CURRENT ASSETS||||| |Debtors and prepayments|7|9,598||29,026| |Short term deposits||91,250||69,008| |Cash at bank||13,263||24,401| |||114,111||122,435| |LIABILITIES: AMOUNTS FALLING DUE WITHIN ONE YEAR||||| |Current liabilities|8|(8,437)||(2,856)| |NET CURRENT ASSETS||105,675||119,579| |LIABILITIES: AMOUNTS FALLING DUE AFTER ONE YEAR||||| |Loan liabilities|8|(75,000)||(75,000)| |**NET ASSETS ST PHILIP AND ST JAMES ONLY**||**158,421**||**189,019**| |Youth work bank account||60,812||52,778| |Youth work debtors|7|819||1,434| |Youth work liabilities|8|(16,805)||(1,690)| |**NET ASSETS INCLUDING YOUTH WORK**||**203,246**||**241,542**| |**FUNDS ST PHILIP AND ST JAMES ONLY**|6|||| |Unrestricted - non-revaluation reserves||140,455||163,063| |Restricted||17,966||25,956| |||158,421||189,019| |**FUNDS INCLUDING YOUTH WORK**|6|||| |Unrestricted - non-revaluation reserves||140,455||163,063| |Restricted||62,791||78,478| |||203,246||241,542| |**_Approved by the Church Council and signed on their behalf:_**||||| ||||Dated:|| ||||Dated:|| |**ENDOF BALANCE SHEET**||||| 7 ## **The Church of St Philip and St James, Leckhampton** _‘seeing Christ in the world, being Christ in the world’_ ## **Notes to the Financial Statements** ## **For the year ended 31 December 2022** - **1 ACCOUNTING POLICIES** ## **Basis of preparation** The financial statements have been prepared in accordance with the Financial Reporting Standard applicable in UK and Republic of Ireland (FRS 102) amd the Charities Statement of Recommended Practice ("SORP") applicable to charities applying FRS 102. The accounts comply with the requirements of the Charties Act 2011. The financial statements have been prepared under the historical cost convention except for the valuation of investments (which are shown at market value). The PCC is part of the South Cheltenham Team ministry. Youth work ministry is provided to all PCCs in the team through a relationship with Youth for Christ. The income and expenditure and assets and liabilities in relation to South Cheltenham youth work are incorporated into these accounts but shown separately from the the other balances of the PCC. ## **Incoming resources - Voluntary income** Collections are recognized when received by or on behalf of the PCC. Planned giving receivable under Gift Aid is recognized only when received. Income tax recoverable on Gift Aid donations is recognized when the income is recognized. Grants and legacies to the PCC are accounted for as soon as the PCC is notified of its legal entitlement, the amount due is quantifiable and its ultimate receipt by the PCC is reasonably certain. VAT recoverable in respect of maintenance / improvement of Church building is recognised when received. Funds raised by fete, garden parties and similar events are accounted for gross. Any sales of books and magazines from the church bookstall will be accounted for gross if they occur. ## **Incoming resources - Activities for generating funds** Rental income from the letting of church premises is recognized as follows: when the service (i.e. the rental has been - Non refundable deposits are recognised when the deposit is paid - Other rental income is recognised when the service (i.e. the rental) has being provided ## **Incoming resources - Income from investments** Dividends are accounted for when due and payable. Interest entitlements are accounted for as they accrue. ## **Resources expended - Activities directly relating to the work of the Church** The diocesan parish share is accounted for when paid. Any parish share unpaid at 31 December would be provided for in these accounts as an operational (though not a legal) liability and is shown as a creditor in the Balance Sheet. In accordance with the Charities Act 2011 expenditure on improvements to consecrated Church Buildings are not capitalised as fixed assets but rather are expenses as incurred. ## **Gains and losses on investments** Realized gains or losses are recognized when investments are sold. Unrealized gains or losses are accounted for on revaluation of investments at 31 December. ## **Fixed assets - Other fixtures, fittings and office equipment** Other tangible fixed assets are valued at their historic cost less an allowance for depreciation. Depreciation is charged on a straight line basis over the useful economic lifetime of the asset. ## **Fixed Assets - Investments** Investments are valued at bid market value at 31 December. ## **Current assets** Amounts owing to the PCC at 31 December in respect of fees, rents or other income are shown as debtors less provision for amounts that may prove uncollectible. 8 |**The Church of St Philip and St James, Leckhampton**
_‘seeing Christ in the world, being Christ in the world’_
**Notes to the Financial Statements (Continued)**
**For the year ended 31 December 2022**
**2**
**INCOMING RESOURCES**
**Unrestricted**
**funds**
**£**
2(a)
**Voluntary Income**
Planned giving:
PGS gift aid donations
82,809
PGS non gift aid donations
6,728
PGS tax recoverable
20,702
Standing order gift aid donations
4,600
Standing order non gift aid donations
3,185
Other planned giving
300
Other non-planned giving
8,240
Other income tax recoverable
2,835
Collections (open plate) at all services
2,086
Coffee donations
788
Sundry donations
7,661
Acton House liquidation
0
Other non-recurring grants
0
Charity collections
0
Legacies
50,000
189,934
2(b)
**Church re-ordering**
Gift aid donations
0
Non gift aid donations
0
Grants - non-recurring
0
VAT reclaim
0
Other income
0
Gift aid recoverable
0
0
2(c)
**Income from church activities**
Fees
10,372
Other
1,057
11,429
2(d)
**Activities for generating funds**
Hire of church building and facilities
49,107
49,107
2(d)
**Income from investments**
Dividends from investment funds
860
Interest from cash deposit funds
1,779
2,638
2(e)
**Other incoming resources**
Insurance claims
0
0
**TOTAL INCOMING RESOURCES**
253,108|**Restricted**
**Funds**
**£**
0
0
0
0
0
0
0
0
0
0
0
0
11,480
8,483
0
19,963
4,960
145
0
26,106
2,035
1,326
34,573
0
0
0
2,141
2,141
0
0
0
0
0
56,677|**2022**
**2021**
**£**
**£**
82,809
72,527
6,728
6,275
20,702
18,160
4,600
5,151
3,185
2,525
300
1,856
8,240
7,331
2,835
3,687
2,086
1,192
788
314
7,661
3,823
0
133,187
11,480
19,282
8,483
1,795
50,000
8,001
209,896
285,108
4,960
15,838
145
20,735
0
70,486
26,106
231,743
2,035
2,099
1,326
3,971
34,573
344,872
10,372
6,706
1,057
45
11,429
6,750
51,248
25,383
51,248
25,383
860
1,665
1,779
236
2,638
1,900
0
782
0
782
309,785
664,795
**TOTAL FUNDS**| |---|---|---| |||| 9 ||| |---|---| |**The Church of St Philip and St James, Leckhampton**
_‘seeing Christ in the world, being Christ in the world’_
**Notes to the Financial Statements (Continued)**
**For the year ended 31 December 2022**
**3**
**RESOURCES EXPENDED**
**Unrestricted**
**Funds**
**£**
**3(a)**
**Cost of Charitable activities**
_Charitable giving:_
Charitable giving out of planned income
3,909
Support to St Andrew's, Ramallah
7,650
Other charitable giving
0
11,559
_Activities directly relating to the work of the Church:_
Contribution to team parish share
97,340
Contribution to team expenses
1,324
Incumbent expenses
1,672
Other staff expenses
229
Church - running expenses
36,680
Additional insurance cost due to contractors
0
Upkeep of services
15,786
Church - maintenance
8,811
Depreciation of furnishings or equipment
12,876
Salaries/wages/honoraria
9,422
Parish office costs
22,442
Youth worker funding and expenses
0
Expenses in relation to Community activities
0
Church activity support
3,919
Element of fees paid to GDBF/ choir
4,183
214,684
_Total Charitable activities_
226,243
Upkeep of services includes salary paid to Musical Director and parish office costs inclu
**3(b)**
**Church re-ordering**
Architects fees
0
Other professional fees
0
Main contractor (Ken Biggs Contractors Ltd)
40,740
Fund raising costs
0
Fitting out costs
2,870
Other re-ordering costs
0
43,610
**3(c)**
**Cost of governance and fund raising activities**
Administration & stewardship costs
1,252
Other (printing, stationery, bank charges etc)
397
1,649
The independent examiner provides their services free of charge.
**TOTAL RESOURCES EXPENDED**
271,502|**Restricted**
**Funds**
**2022**
**2021**
**£**
**£**
**£**
0
3,909
125
0
7,650
0
9,865
9,865
1,795
9,865
21,424
1,920
0
97,340
92,412
0
1,324
732
0
1,672
1,100
0
229
540
0
36,680
21,246
0
0
0
1,405
17,190
13,434
5,069
13,880
9,317
0
12,876
12,876
12,143
21,565
12,756
0
22,442
19,436
0
0
5,520
1,612
1,612
665
0
3,919
3,208
0
4,183
1,807
20,228
234,913
195,048
30,094
256,337
196,968
de salary paid to parish administrator.
2,400
2,400
16,200
763
763
26,782
30,962
71,702
1,255,672
0
0
1,440
449
3,318
12,529
0
0
468
34,573
78,183
1,313,091
0
1,252
1,039
0
397
289
0
1,649
1,328
64,667
336,169
1,511,387
**TOTAL FUNDS**| 10 |**The Church of St Philip and St James, Leckhampton**
_‘seeing Christ in the world, being Christ in the world’_
**Notes to the Financial Statements (Continued)**
**For the year ended 31 December 2022**
**3 (d)**
**Youth work**
**Unrestricted**
**Funds**
**£**
**Income**
PGS and PGS tax recoverable
0
Non PGS donations
0
Other income
0
Income tax recoverable
0
St P&J contribution
0
Other PCC contributions
0
**TOTAL INCOMING RESOURCES**
0
**Expenditure**
Youth ministry staff costs
0
Other youth ministry costs
0
**TOTAL RESOURCES EXPENDED**
0
**NET MOVEMENT IN FUNDS**
0|**Restricted**
**Funds**
**£**
5,275
1,872
0
468
0
0
7,615
10,890
4,422
15,312
(7,697)|**2022**
**£**
5,275
1,872
0
468
0
0
7,615
10,890
4,422
15,312
(7,697)
**TOTAL**|**2021**
**£**
5,200
1,887
0
477
5,520
6,840
**FUNDS**| |---|---|---|---| ||||19,924| ||||16,255
3,660| ||||19,915| ||||| ||||9| ||||| 11 **----- Start of picture text -----**
The Church of St Philip and St James, Leckhampton
‘seeing Christ in the world, being Christ in the world’
Notes to the Financial Statements (Continued)
For the year ended 31 December 2022
4(a) STAFF COSTS P&J 2022 2021
Net Wages & salaries 37,487 34,650
Pension costs 3,524 2,077
Income tax and NI to HMRC 7,340 1,123
Less contributions from other Parishes (644)644)) (4,601)4,601),601)601))
47,707,707707 33,249,2492499
The number of staff employed at 31 December 2022 was 3 (2021: 3). The average number of staff employed in the year was 3.
The staff employed at 31 December 2022 comprised a parish administrator, a venue manager and a musical director.
There were no staff who received emoluments of more than £60,000 excluding pension contributions in the period (2021: no staff).
In addition, to services provided by employees, the Church also relies significantly on services provided by unpaid general volunteers
who support the worship and other activities of the Church.
No members of the Church Council have been paid any remuneration or received any other benefits from employment with the Church.
During the year 7 Church Council members have been reimbursed total expenses of £1,273 which were properly incurred supporting the
activity of the Church. This excludes expenses paid to clergy in relation to the performance of their duties.
There have been no transactions with related parties during the reporting period.
5 FIXED ASSETS FOR USE BY THE COUNCIL
5(a) Tangible fixed assets - fixtures, fittings and equipment
£ £ £ £
Portable
organ and Re-ordering Total Fixed
piano Dais furniture furniture Assets
BOOK COST
At 1 January 2022 31,210 12,037 91,531 134,778
Additions 0 0 0 0
At 31 December 2022 31,210,210210 12,037,037037 91,5311,531,531531 134,778,778778
ACCUMULATED DEPRECIATION
At 1 January 2022 3,121 11,435 9,153 23,709
Depreciation in year 3,121 602 9,153 12,876
At 31 December 2022 6,242,242242 12,037,037037 18,306,306306 36,585,585585
NET BOOK VALUE
At 31 December 2022 24,968,96868 0 73,225,225225 98,1938,193,193193933
At 31 December 2021 28,089,0890899 602 82,378,378378 111,069,0690699
Dais furniture is being depreciated on a straight line basis over its 20 year useful life.
Re-ordering furniture, portable organ and piano are depreciated on a straight line basis over a 10 year useful life.
**----- End of picture text -----**
**----- Start of picture text -----**
The Church of St Philip and St James, Leckhampton
‘seeing Christ in the world, being Christ in the world’
Notes to the Financial Statements (Continued)
For the year ended 31 December 2022
4(a) STAFF COSTS P&J 2022 2021
Net Wages & salaries 37,487 34,650
Pension costs 3,524 2,077
Income tax and NI to HMRC 7,340 1,123
Less contributions from other Parishes (644)644)) (4,601)4,601),601)601))
47,707,707707 33,249,2492499
The number of staff employed at 31 December 2022 was 3 (2021: 3). The average number of staff employed in the year was 3.
The staff employed at 31 December 2022 comprised a parish administrator, a venue manager and a musical director.
There were no staff who received emoluments of more than £60,000 excluding pension contributions in the period (2021: no staff).
In addition, to services provided by employees, the Church also relies significantly on services provided by unpaid general volunteers
who support the worship and other activities of the Church.
No members of the Church Council have been paid any remuneration or received any other benefits from employment with the Church.
During the year 7 Church Council members have been reimbursed total expenses of £1,273 which were properly incurred supporting the
activity of the Church. This excludes expenses paid to clergy in relation to the performance of their duties.
There have been no transactions with related parties during the reporting period.
5 FIXED ASSETS FOR USE BY THE COUNCIL
5(a) Tangible fixed assets - fixtures, fittings and equipment
£ £ £ £
Portable
organ and Re-ordering Total Fixed
piano Dais furniture furniture Assets
BOOK COST
At 1 January 2022 31,210 12,037 91,531 134,778
Additions 0 0 0 0
At 31 December 2022 31,210,210210 12,037,037037 91,5311,531,531531 134,778,778778
ACCUMULATED DEPRECIATION
At 1 January 2022 3,121 11,435 9,153 23,709
Depreciation in year 3,121 602 9,153 12,876
At 31 December 2022 6,242,242242 12,037,037037 18,306,306306 36,585,585585
NET BOOK VALUE
At 31 December 2022 24,968,96868 0 73,225,225225 98,1938,193,193193933
At 31 December 2021 28,089,0890899 602 82,378,378378 111,069,0690699
Dais furniture is being depreciated on a straight line basis over its 20 year useful life.
Re-ordering furniture, portable organ and piano are depreciated on a straight line basis over a 10 year useful life.
**----- End of picture text -----**
12 **----- Start of picture text -----**
The Church of St Philip and St James, Leckhampton
‘seeing Christ in the world, being Christ in the world’
Notes to the Financial Statements (Continued)
For the year ended 31 December 2022
5(b) Investment fixed assets £ £ £
Fixed Interest Total
Investment Fund Fund Investments
Movements in the year:
Market value - 1 January 2022 17,613 15,758 33,371
Purchases at cost, less disposals at carrying value 0 397 397
Net gains / (losses) on annual revaluation (2,064) (2,151) (4,215)
Market value - 31 December 2022 15,549 14,004 29,553
Holdings at 31 December 2022: 9,973.92 (2021: 9,973.92) shares in the CBF Church of England Fixed Interest Securities Fund
753.13 (2021 : 753.13) shares in the CBF Church of England Investment Fund
6 ANALYSIS OF NET ASSETS BY FUND
Unrestricted Restricted
Funds Funds Total
£ £ £
Fixed Assets for Church Use 98,193 0 98,193
Investment Fixed Assets 29,553 0 29,553
Current Assets 93,427 20,685 114,111
Liabilities (80,718) (2,719) (83,437)
Fund balance P&J only 140,455 17,966 158,421
Youth work current assets 0 61,631 61,631
Youth work current liabilities 0 (16,805) (16,805)
Fund balance P&J including youth work 140,455 62,791 203,246
The restricted funds comprise:
SCC Youth Choral Charitable
Work tradition appeals Ukraine Sub-Total
£ £ £ £ £
Opening at 1 January 2022 52,522 10,000 0 0 62,522
Incoming resources 7,615 0 5,829 4,794 18,239
Transfers between funds 0 0 0 0 0
Resources expended (15,312) (6,277) (5,829) (4,036) (31,455)
Closing at 31 December 2022 44,826 3,723 0 758 49,306
Community
Sub total from Engagement Community Reordering
above Officer Activities main Total
£ £ £
Opening at 1 January 2022 62,522 7,143 8,617 0 78,282
Incoming resources 18,239 5,000 6,480 34,643 64,362
Transfers between funds 0 0 0 0 0
Resources expended (31,455) (12,143) (1,612) (34,643) (79,853)
Closing at 31 December 2022 49,306 0 13,485 0 62,791
Sub total from Reordering Reordering Reordering
above Stones hospitality Music Total
£ £ £ £
Opening at 1 January 2022 78,282 0 0 196 78,478
Incoming resources 64,362 (63) (8) 0 64,292
Transfers between funds 0 0 0 0 0
Resources expended (79,853) 63 8 (196) (79,979)
Closing at 31 December 2022 62,791 0 0 (0) 62,791
**----- End of picture text -----**
13 ||| |---|---| |**The Church of St Philip and St James, Leckhampton**
_‘sharing God’s love through worship, education and service’_
**Notes to the Financial Statements (Continued)**
**For the year ended 31 December 2022**
**7**
**DEBTORS**
Income Tax recoverable P&J
Amounts receivable in respect of Church Hire
Prepayments (Church Gas)
Debtors P&J only
Income Tax recoverable youth work
Debtors P&J including youth work
**8**
**LIABILITIES**
Loans for re-ordering
Accruals
P&J only
Accruals youth work
P&J including youth work
As at 31/12/22 loans include an individual loan of £75,000 in respect of church re-ordering which is interest free with the
Accruals includes £2,719 Christmas collection charity accruals, £2,328 for fees due to diocese and £3,400 for support to
Accrual of £16,805 for Youth Work reflects late payment of Parish share to GDBF from the South Cheltenham Teams ba
**9**
**CASHFLOW**
9 (a) Cash flow statement
Net income per Statement of Financial Activities (P&J)
Net income per Statement of Financial Activities (Youth Work)
Total net income per Statement of Financial Activities
Adjustments for:
Depreciation charges
Gains / losses on investment
Dividends reinvested into investment funds
Change in debtors
Change in accruals
Net cash flow from operating activities
Net cash flow from investing activities - purchase of furniture
Net cash flow from financing activities - loans
Net cash flow from investing activities - sale of investments
Change in cash and cash equivalents during reporting period (see below)
9 (b) Analysis of cash and cash equivalents
Short term deposits - (P&J)
Cash at bank - (P&J)
Cash at bank - (Youth Work)
Change in cash and cash equivalents during reporting period (see above)
**END OF DOCUMENT**|**2022**
**2021**
**£**
**£**
9,467
27,076
131
1,950
0
0
9,598
29,026
819
1,434
10,417
30,460
**2022**
**2021**
**£**
**£**
75,000
75,000
8,437
2,856
83,437
77,856
16,805
1,690
100,242
79,546
principal being repayable in 2031.
St Andrew's, Ramallah.
nk account.
**2022**
**2021**
**£**
**£**
(30,599)
(846,693)
(7,697)
9
(38,295)
(846,684)
12,876
12,876
4,215
101
(397)
(954)
20,043
4,803
20,696
1,171
19,137
(828,687)
0
(74,032)
0
70,000
0
54,700
19,137
(778,019)
**2022**
**2021**
**£**
**£**
91,250
69,008
13,263
24,401
60,812
52,778
165,325
146,188
19,137
(778,019)| 14 **----- Start of picture text -----**
The Church in Warden Hill 1
Statement of Financial Activities
For the preiod 1 January to 31 August 2022
Unrestricted Restricted TOTAL 2022 TOTAL 2021
Note Funds (£) Funds (£) (£) (£)
INCOMING RESOURCES
Incoming resources from donors 1(a) 21,378.16 50.00 21,428.16 25,807.99
Other voluntary incoming resources 1(b) 0.00 1,608.28 1,608.28 56,215.89
Incoming resources from operating activities 1(c) 29,655.45 0.00 29,655.45 23,621.81
Income from investment 1(d) 114.73 0.00 114.73 11.18
Other incoming resources 1(e) 13,360.08 0.00 13,360.08 8,000.00
TOTAL INCOMING RESOURCES 64,508.42 1,658.28 66,166.70 113,656.87
RESOURCES EXPENDED
Ministerial costs 2(a) 26,347.78 0.00 26,347.78 38,843.13
Grants and donations 2(b) 3.65 1,759.58 1,763.23 5,389.51
Church running costs 2(c) 22,424.74 0.00 22,424.74 29,245.36
Church management and administration 2(d) 2,322.45 0.00 2,322.45 2,909.77
Costs of generating funds 2(e) 0.00 0.00 0.00 0.00
TOTAL RESOURCES EXPENDED 51,098.62 1,759.58 52,858.20 76,387.77
TRANSFERS BETWEEN FUNDS -7,000.00 7,000.00 0.00 0.00
NET MOVEMENT IN FUNDS 6,409.80 6,898.70 13,308.50 37,269.10
BALANCES BROUGHT FORWARD AT 1 JANUARY 6,180.78 75,077.33 81,258.11 43,989.01
BALANCES CARRIED FORWARD AT 31 AUGUST 12,590.58 81,976.03 94,566.61 81,258.11
(31 DECEMBER FOR 2021 COLUMNS)
**----- End of picture text -----**
15 **----- Start of picture text -----**
The Church in Warden Hill 2
Balance Sheet at 31 August 2022
2022 (£) 2021 (£)
CURRENT ASSETS
Current account @ Co-Operative 61,352.92 59,693.20
Investment account @ CCLA 21,549.55 21,487.99
Cash in hand 81.19 76.92
Debtors 14,019.12 0.00
97,002.78 81,258.11
LIABILITIES: AMOUNTS FALLING DUE WITHIN ONE YEAR
Creditors 2,436.17 0.00
NET CURRENT ASSETS 94,566.61 81,258.11
ALLOCATION TO FUNDS
General Fund 12,590.58 6,180.78
Mission Fund .00 101.30
Organ Fund 4,591.55 4,591.55
URC 50th anniversary 111.80 111.80
Bell Fund 1,575.76 1,575.76
URC Centre Roof 20,000.00 20,000.00
St Christopher’s Works 54,325.08 47,325.08
Legacies 1,371.84 1,371.84
94,566.61 81,258.11
Note: £7000 allocated to St. Christopher’s Works from General Fund for a donation received towards refurbishment
prior to COVID lockdown, which could not be spent immediately.
These accounts are prepared on the 'receipts and payments' basis and comply with the appropriate legal requirements.
The notes on pages 3 to 4 form part of these accounts.
**----- End of picture text -----**
16 **----- Start of picture text -----**
The Church in Warden Hill 3
Notes to the Financial Statements
For the preiod 1 January to 31 August 2022
1 INCOMING RESOURCES Unrestricted Restricted TOTAL 2022 TOTAL 2021
Funds (£) Funds (£) (£) (£)
1(a) Incoming resources from donors
Planned giving 10,304.04 10,304.04 20,622.48
Collections (open plate) at all services 1,801.45 1,801.45 1,020.94
Gift Aid tax recovery 8,809.95 8,809.95 1,832.57
Sundry donations 462.72 50.00 512.72 2,332.00
21,378.16 50.00 21,428.16 25,807.99
1(b) Other voluntary incoming resources
Grants 0.00 54,725.08
Charity appeals 1,608.28 1,608.28 1,490.81
.00 1,608.28 1,608.28 56,215.89
1(c) Incoming resources from operating activities
Donations for use of premises 27,217.00 27,217.00 20,928.10
Fees 1,631.00 1,631.00 1,573.00
Fund raising events 0.00 429.76
Magazine sales and adverts 735.50 735.50 637.45
Cards and books 71.95 71.95 53.50
29,655.45 0.00 29,655.45 23,621.81
1(d) Income from investment
Bank Interest 114.73 114.73 11.18
114.73 0.00 114.73 11.18
1(e) Other incoming resources
Vodafone rental 8,000.00 8,000.00 8,000.00
Insurance claims 5,360.08 5,360.08 0.00
Furlough relief 0.00 0.00
13,360.08 0.00 13,360.08 8,000.00
TOTAL INCOMING RESOURCES 64,508.42 1,658.28 66,166.70 113,656.87
**----- End of picture text -----**
17 **----- Start of picture text -----**
The Church in Warden Hill 4
Notes to the Financial Statements
For the preiod 1 January to 31 August 2022
2 RESOURCES EXPENDED Unrestricted Restricted TOTAL 2022 TOTAL 2021
Funds (£) Funds (£) (£) (£)
2(a) Ministerial costs
URC levy 7,868.00 7,868.00 11,346.00
C of E parish share 17,016.00 17,016.00 22,752.00
Children's ministry 19.00 19.00 2,814.00
Clergy expenses 769.58 769.58 1,283.13
Training 39.20 39.20 0.00
Fees 636.00 636.00 648.00
26,347.78 0.00 26,347.78 38,843.13
2(b) Grants and donations
Charities – mission / relief 733.23 733.23 1,799.67
Charities – secular 3.65 1,026.35 1,030.00 3,589.84
3.65 1,759.58 1,763.23 5,389.51
2(c) Church running costs
Heat & lighting 3,417.99 3,417.99 7,157.32
Cleaning 962.24 962.24 832.60
Gardening 287.00 287.00 322.00
Insurance 0.00 2,554.97
Repairs & replacements 3,046.78 3,046.78 1,305.54
Furnishings & equipment 4,616.48 4,616.48 2,579.28
Church supplies 518.91 518.91 537.52
Wages – administrator 1,591.19 1,591.19 1,883.60
Wages – organist & assistant 1,304.00 1,304.00 2,219.00
Wages – cleaners 5,166.56 5,166.56 7,449.00
Honoraria & gifts 600.00 600.00 852.75
Books & magazines 0.00 0.00
Subscriptions & licences 229.20 229.20 1,297.20
Sundry supplies 202.03 202.03 212.08
Celebrations 482.36 482.36 42.50
22,424.74 0.00 22,424.74 29,245.36
2(d) Church management and administration
Printing & stationery 1,002.86 1,002.86 972.62
Telephone / copier / Internet 1,319.59 1,319.59 1,937.15
2,322.45 0.00 2,322.45 2,909.77
2(e) Costs of generating funds
Cost of fund raising 0.00 0.00 0.00
Cost of stewardship 0.00 0.00 0.00
0.00 0.00 0.00 0.00
TOTAL RESOURCES EXPENDED 51,098.62 1,759.58 52,858.20 76,387.77
**----- End of picture text -----**
18 **----- Start of picture text -----**
St Christopher’s Warden Hill 1
Statement of Financial Activities
For the period 1 September to 31 December 2022
Unrestricted Restricted TOTAL TOTAL
Note Funds (£) Funds (£) (£) TCIWH (£)
INCOMING RESOURCES
Incoming resources from donors 1(a) 5,850.24 3.00 5,853.24 21,428.16
Other voluntary incoming resources 1(b) 0.00 407.00 407.00 1,608.28
Incoming resources from operating activities 1(c) 10,093.47 0.00 10,093.47 29,655.45
Income from investment 1(d) 167.89 0.00 167.89 114.73
Other incoming resources 1(e) 0.00 0.00 0.00 13,360.08
TOTAL INCOMING RESOURCES 16,111.60 410.00 16,521.60 66,166.70
RESOURCES EXPENDED
Ministerial costs 2(a) 9,143.15 0.00 9,143.15 26,347.78
Grants and donations 2(b) 3,000.00 400.00 3,400.00 1,763.23
Church running costs 2(c) 9,445.18 2,063.55 11,508.73 22,424.74
Church management and administration 2(d) 481.41 0.00 481.41 2,322.45
Costs of generating funds 2(e) 25.00 0.00 25.00 0.00
Settlement with Cheltenham URC re closure of TCIWH 2(f) 6,295.29 20,797.72 27,093.01 0.00
TOTAL RESOURCES EXPENDED 28,390.03 23,261.27 51,651.30 52,858.20
NET MOVEMENT IN FUNDS -12,278.43 -22,851.27 -35,129.70 13,308.50
BALANCES BROUGHT FORWARD AT 1 SEPTEMBER 12,590.58 81,976.03 94,566.61 81,258.11
BALANCES CARRIED FORWARD AT 31 DECEMBER 312.15 59,124.76 59,436.91 94,566.61
(1 JAN TO 31 AUGUST FOR TCIWH COLUMNS
Note: The column marked TOTAL TCIWH relates to the final accounts for The Church in Warden Hill, from 1 January to 31 August 2022.
**----- End of picture text -----**
19 **----- Start of picture text -----**
St Christopher’s Warden Hill 2
Balance Sheet at 31 December 2022
31/12/2022 31/8/2022
(£) (£)
CURRENT ASSETS
Current account @ Co-Operative 59,765.16 61,352.92
Investment account @ CCLA 21,770.61 21,549.55
Cash in hand 28.32 81.19
Debtors 1,213.91 14,019.12
82,778.00 97,002.78
LIABILITIES: AMOUNTS FALLING DUE WITHIN ONE YEAR
Creditors 23,341.09 2,436.17
NET CURRENT ASSETS 59,436.91 94,566.61
ALLOCATION TO FUNDS
General Fund 312.15 12,590.58
Mission Fund 10.00 0.00
Organ Fund 4,591.55 4,591.55
URC 50th anniversary 0.00 111.80
Bell Fund 1,575.76 1,575.76
URC Centre Roof 0.00 20,000.00
St Christopher’s Works 52,261.53 54,325.08
Legacies 685.92 1,371.84
59,436.91 94,566.61
These accounts are prepared on the 'receipts and payments' basis and comply with the appropriate legal requirements.
The notes on pages 3 to 4 form part of these accounts.
**----- End of picture text -----**
20 **----- Start of picture text -----**
St Christopher’s Warden Hill 3
Notes to the Financial Statements
For the period 1 September to 31 December 2022
1 INCOMING RESOURCES Unrestricted Restricted TOTAL TOTAL
Funds (£) Funds (£) (£) TCIWH (£)
1(a) Incoming resources from donors
Planned giving 4,016.97 4,016.97 10,304.04
Collections (open plate) at all services 752.13 752.13 1,801.45
Gift Aid tax recovery 531.14 531.14 8,809.95
Sundry donations 550.00 3.00 553.00 512.72
5,850.24 3.00 5,853.24 21,428.16
1(b) Other voluntary incoming resources
Charity appeals 407.00 407.00 1,608.28
0.00 407.00 407.00 1,608.28
1(c) Incoming resources from operating activities
Donations for use of premises 9,217.57 9,217.57 27,217.00
Fees 500.00 500.00 1,631.00
Fund raising events 369.90 369.90 0.00
Magazine sales and adverts 0.00 735.50
Cards and books 6.00 6.00 71.95
10,093.47 0.00 10,093.47 29,655.45
1(d) Income from investment
Bank Interest 167.89 167.89 114.73
167.89 0.00 167.89 114.73
1(e) Other incoming resources
Vodafone rental 0.00 8,000.00
Insurance claims 0.00 5,360.08
0.00 0.00 .00 13,360.08
TOTAL INCOMING RESOURCES 16,111.60 410.00 16,521.60 66,166.70
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21 **----- Start of picture text -----**
St Christopher’s Warden Hill 4
Notes to the Financial Statements
For the period 1 September to 31 December 2022
2 RESOURCES EXPENDED Unrestricted Restricted TOTAL TOTAL
Funds (£) Funds (£) (£) TCIWH (£)
2(a) Ministerial costs
URC levy 0.00 7,868.00
C of E parish share 8,508.00 8,508.00 17,016.00
Children's ministry 0.00 19.00
Clergy expenses 429.15 429.15 769.58
Training 0.00 39.20
Fees 206.00 206.00 636.00
9,143.15 0.00 9,143.15 26,347.78
2(b) Grants and donations
Charities – mission / relief 2,000.00 400.00 2,400.00 733.23
Charities – secular 1,000.00 1,000.00 1,030.00
3,000.00 400.00 3,400.00 1,763.23
2(c) Church running costs
Heat & lighting 1,852.85 1,852.85 3,417.99
Cleaning 114.84 114.84 962.24
Gardening 100.00 100.00 287.00
Insurance 1,061.35 1,061.35 0.00
Repairs & replacements 803.88 527.5 1,331.38 3,046.78
Furnishings & equipment 1536.05 1,536.05 4,616.48
Church supplies 163.87 163.87 518.91
Wages – administrator 1,576.86 1,576.86 1,591.19
Wages – organist & assistant 942.00 942.00 1,304.00
Wages – cleaners 1,895.36 1,895.36 5,166.56
Honoraria & gifts 0.00 600.00
Books & magazines 0.00 0.00
Subscriptions & licences 767.29 767.29 229.20
Sundry supplies 166.88 166.88 202.03
Celebrations 0.00 482.36
9,445.18 2,063.55 11,508.73 22,424.74
2(d) Church management and administration
Printing & stationery 312.68 312.68 1,002.86
Telephone / copier / Internet 168.73 168.73 1,319.59
481.41 0.00 481.41 2,322.45
2(e) Costs of generating funds
Cost of fund raising 25.00 25.00 0.00
Cost of stewardship 0.00 0.00
25.00 0.00 25.00 0.00
2(f) Settlement with Cheltenham URC re closure of TCIWH 6,295.29 20,797.72 27,093.01 0.00
TOTAL RESOURCES EXPENDED 28,390.03 23,261.27 51,651.30 52,858.20
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22 CHARITY COMMISSION FOR ENGLAND AND WALES Section A Independent Examiner s Report m?ml¥•rn of On a￿￿ts1orth¢ >•4r Charlty no {If any) 1131tr837 lo the IAVJ Ihe general C¥redi￿ given ty the Chwty IwxJ¢r 145(5Kbl gflh¢ Clwt*J Ad. oflh• •cttyrt wwth)t•d wth Ihos• r•corfi. It 81$0 indudo$ con3vJ¢r•lw ofarty unusual items ￿ ¢thsch)sur•> in th• xcounts. and seeking txplanations Imm th• knJst••S CAirK*mMw arry S￿h matlfrrs. Th• proc•duro9 undertaken do not pYovKI• al the evthnce Ihat *YJuld b• wuired in an audit. and consequ•ntty no opinK)n is giv•n 41 to *t*lhw th• Kcounts 4 1A￿ vthv and t￿ r•wt ￿ Imrt•d ￿ thos• m•ttefs #4t oul In th• sl•teffwrt belw. InthpMd•nl •xamln•rf• In ¢40￿￿On my exW￿al*>1. r#) ma1￿1 mott•rs h•v• ¢>yn• tts my att•ntK*n Ih dKI ￿th lh• xtountir*J rx>yds'. ￿lent of sel out in the Chaiilies IAc£ounts #nd Roportsl Rogulatiom than ary rnwrwnenl that Ihts 8c£(wJnts ON• s'tr￿ fair is not • matter consKlef•d as pwi of ￿ in(**nd8nt examination. I have cm •xoss no other mthrs in ¢cffine(aN￿ vAth the ?xaminalM to alt•ntbx ShO￿d Ilms r•FthI Wb ord•r to •nabl• a prop•r UndwSlar￿ir4 01th• 8ign•d: R•l•v•nt W0f•s￿onI1 qUa￿￿¢•t10n{S) or body rrf IER December 2017