**REGISTERED CHARITY NUMBER: 1134966**
## **REPORT OF THE TRUSTEES AND**
**UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022**
## **FOR**
**THE PARISH OF NEW MALDEN & COOMBE, CHRIST CHURCH AND ST. JOHN'S**
Collards Chartered Accountants 5-9 Eden Street Kingston-upon-Thames Surrey KT1 1BQ
**THE PARISH OF NEW MALDEN & COOMBE, CHRIST CHURCH AND ST. JOHN'S**
## **CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022**
||**Page**|
|---|---|
|**Report of the Trustees**|1 to 3|
|**Independent Examiner's Report**|4|
|**Statement of Financial Activities**|5|
|**Balance Sheet**|6|
|**Cash Flow Statement**|7|
|**Notes to the Cash Flow Statement**|8|
|**Notes to the Financial Statements**|9 to 16|
|**Detailed Statement of Financial Activities**|17 to 18|
## **THE PARISH OF NEW MALDEN & COOMBE, CHRIST CHURCH AND ST. JOHN'S**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2022**
The trustees present their report with the financial statements of the charity for the year ended 31 December 2022. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
The Parochial Church Council, along with other PCCs with income in excess of £100,000, registered as a charity with the Commission during 2009 (Registered Charity No. 1134966).
The Parochial Church Council is required, as stated in the Parochial Church Councils (Powers) Measure 1956, to co-operate with the minister in promoting in the parish the whole mission of the Church, pastoral, evangelistic, social and ecumenical.
When planning our activities for the year, the incumbent and the PCC have considered the Charity Commission's guidance on public benefit and, in particular, the specific guidance on charities for the advancement of religion. In particular, we try to enable ordinary people to live out their faith as part of our parish community through:
- Worship and prayer;
- Learning about the Gospel;
- and developing their knowledge and trust in Jesus Christ.
- provision of pastoral care for people living in the parish;
- missionary and outreach work.
## **FINANCIAL REVIEW**
## **Financial position**
## **FUND DETAILS**
|**FUND DETAILS**||||||
|---|---|---|---|---|---|
|**Unrestricted funds:**
Christ Church General Fund
St John's general Fund
Freehold Property Reserve
Total
**Restricted Funds**
**TOTAL**|**Balanceb/fwd**
**at1 Jan 2022**
£
887,706
78,632
130,566
1,096,904
62,407
1,159,311|**Income**
£
174,880
104,615
-
279,495
42,052
321,547|**Expenditure**
£
239,606
79,191
-
318,797
48,521
367,318|**Transfer**
**to/from**
**Funds**
£
(92,057)
(2,000)
92,057
(2,000)
2,000
-|**Balancec/fwd**
**at31 Dec 2022**
£
730,923
102,056
222,623|
||||||1,055,602
57,938|
||||||1,113,540|
The church has a policy of retaining unrestricted funds equivalent to two to three months' worth of normal expenditure.
There is an decrease of planned giving includes other income of £62,163 compared to last year, The majority of income to the unrestricted funds came from voluntary giving including tax reclaimed and legacies £255,408 (2021 - £276,376). The next largest source of income came from church activities £45,694 (2021 - £30,420) which includes lettings and rental of church property.
Total 2022 unrestricted expenditure £318,797 (2021 - £309,723), the largest item of expenditure from the unrestricted funds was the parish share payment to the diocese £99,910 (2021 - £94,500), with other significant amounts in relation to staff salaries and expenses £85,760 (2021 - £94,015) and property costs £78,364 (2021 - £53,539 including major property repair.
## **Reserves policy**
The PCCs policy is to maintain unrestricted reserves equivalent to 3 - 4 months of the charities expenditure. As at the end of 2022, actual reserves were well in excess of this level, the PCC is giving consideration to how these should be invested.
## **STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document**
The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.
Page 1
## **THE PARISH OF NEW MALDEN & COOMBE, CHRIST CHURCH AND ST. JOHN'S**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2022**
## **STRUCTURE, GOVERNANCE AND MANAGEMENT Organisational structure**
Full meetings of the Parochial Church Council are usually held seven times per year.
St John's is served by its own District Church Council and the St John's Standing Committee.
**St John's District Church Council** has wide powers over St John's matters under the PCC.
**St John's Standing Committee** has powers devolved from the St John's District Church Council.
Certain aspects of the PCC's work are delegated, in the first instance to sub-committees, membership of which may include co-opted members of the church who are not members of the PCC. These sub- committees, however, report to the PCC. Their functions are as follows:
**PCC Standing Committee** can, if necessary, conduct urgent business of the Parochial Church Council between normal PCC meetings and any other business which the PCC so decides, reporting to the next PCC meeting. The Standing Committee now meets bi-monthly (between PCCs) as part of a larger Leadership Team. It currently includes within its remit, the roles previous performed by the Finance and Fabric Committee. The finance role includes assisting the Treasurer in the formulation of the Christ Church Budget and Annual Accounts, the monitoring of income and expenditure plus advising the appropriate means of funding special items of expenditure and other non-budgeted items. The fabric role includes supervision of the care, maintenance and preservation of the fabric, goods and ornaments of the various Christ Church properties and recommends to the PCC appropriate repair, maintenance or improvements.
**Christ Church Global Mission Group** formulates missionary policy proposals for presentation to the PCC and implements decisions made by them. It challenges and encourages Church members to fulfil our God-given responsibilities to global mission. **Christ Church F.U.N. Committee** organises social events throughout the year.
## Assessment of Risks
The PCC is aware of its responsibilities for assessing its risks and is satisfied that the major risks have been assessed by its sub-committees. The risks assessed were:-
i) P **roperty fire or theft.** Insurance cover is maintained against both these risks. The principal policies contain excesses in the amount of £100.
ii) **Misappropriation of funds** . The budgeted expenditure for each year is approved by the full PCC. The PCC reviews expenditure against budgets and ensures there is a basic segregation of duties to guard against the potential for the misappropriation of funds. The amounts of cash held at any one time are not material to the Parish. At St John's, two signatories are required for any cheque in excess of £400 and all electronic payments. All matters involving expenditure in excess of £2,000, approved by St John's DCC are put to the full PCC. At Christ Church, expenditure replacing existing items like-for-like up to £3,000 can be approved by the Standing Committee. New expenditure above £700 is put to the PCC. All payments are made electronically and require dual-authorisation. The only exception is for bank payment cards where only a single authorisation is possible. Any such payments above £700 will have been agreed in advance.
iii) **Allegations of inappropriate behaviour** against persons acting on behalf of the Parish. All employees are subject to careful recruitment screening. The Parish subscribes to the Diocesan scheme for screening all those involved in children's work. Guidance is given so that activities are structured in a way that minimises the potential for allegations to arise. The PCC has complied with the duty under section 5 of the Safeguarding and Clergy Discipline Measure 2016 (duty to have due regard to House of Bishops' guidance on safeguarding children and vulnerable adults).
## Proceedings of the Parochial Church Council during the Year
Some of the principal matters considered by the Parochial Church Council during the year were as follows: - a) Resumption of full children's worship 9.30 service
b) Roof repairs to church and lounge
c) New initiative on Sunday evening replacing the 6.30 service Sunday school for Grown-ups to develop theological confidence amongst members of Christ Church
Further matters are detailed in the accompanying PCC Report which is published alongside the Fabric, Global Mission Group, Electoral Roll and Deanery Synod Reports.
## **REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number** 1134966
Page 2
PAIUSH OF hTWMAIJ>Eli & COOMB
REPORT OF TBETRUStEES
Prlntlpaladdres8
PaTishOffx
91 CootnbE Road
Newmalde
Sur
KT3 4RE
Trnstees
CarolBaker
Lynitsay Bgrnc
REbec¢aBetry
ayc
rtiD ChutJL
AntoLy Cook
EJvz&bBthCoutthey
Ti D&Tris
AnMaFAIwd5
DavIdGreetejd
Barba Griffiths .
Dr Lucy Hartfree
Dr Stephen Hill
KeithK¢cn
Rev steptt Kubrt
David
Katy D)fknD
Robert Mtyfgrthy
RAwJiDdMoody
Gillian Mosqucta
Charlie Reid
RobBrt Shriwtsin
NiEel Tlltllnills
P¢n¢lope Welsh
Chaweevatt WilliallLsFCCA (Tre&wrer)
I&depend¢nt EumiDer
Coll9
Cbartered Accou0tts
5.9 StRet
KingstOll"VOll.7h3es
KTI IBQ
The PCC wish¢5 to ackrDTrqedge. with be&rf¢li a]1 the w JK)uts of titlle effort that 8te given by rn8Thy P8rishion¢ts
tll so ]JJatty w8ys that CODtritssLeto the life attd well.IxiThgofth¢ thwch ils l$s1o1X)th in the parish ardllwon(L
1+ .4P II L 20¥3... attd signed on itsbelJsJfb)-.
Approvdby 0er0ftheknard oflnwwou..
Rev stCenKrt- Tru
## **INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE PARISH OF NEW MALDEN & COOMBE,**
## **Independent examiner's report to the trustees of The Parish of New Malden & Coombe,**
I report to the charity trustees on my examination of the accounts of The Parish of New Malden & Coombe, (the Trust) for the year ended 31 December 2022.
## **Responsibilities and basis of report**
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act.
## **Independent examiner's statement**
Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a member of the **ERROR - relevant professional body must be completed**, which is one of the listed bodies.
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
1. accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Andrew Harker FCCA
Collards Chartered Accountants 5-9 Eden Street Kingston-upon-Thames Surrey KT1 1BQ Date: .............................................
Page 4
## **THE PARISH OF NEW MALDEN & COOMBE, CHRIST CHURCH AND ST. JOHN'S**
## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2022**
|Notes
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
2
Other trading activities
3
Investment income
4
**Total**
**EXPENDITURE ON**
**Charitable activities**
Church Activities
**NET INCOME/(EXPENDITURE)**
**Transfers between funds**
11
**Net movement in funds**
**RECONCILIATION OF FUNDS**
Total funds brought forward
**TOTAL FUNDS CARRIED FORWARD**|Unrestricted
funds
£
**229,912**
**40,782**
**8,801 **
**279,495**
**318,798**
**(39,303)**
**(2,000) **
**(41,303)**
**1,096,904**
**1,055,601 **|Restricted
funds
£
**37,088**
**4,912**
**52 **
**42,052 **
**48,520**
**(6,468)**
**2,000**
**(4,468)**
**62,407**
**57,939**|**2022**
**Total**
**funds**
**£**
**267,000**
**45,694**
**8,853**
**321,547**
**367,318**
**(45,771)**
**-**
**(45,771)**
**1,159,311**
**1,113,540**|2021
Total
funds
£
329,163
30,420
517
360,100
360,460
(360)
-
(360)
1,159,671
1,159,311|
|---|---|---|---|---|
The notes form part of these financial statements
Page 5
Totsl
33*459
*763
767Jn
io
(7,)
J*)
120,791)
57
.159Jii
159
li
1.096.9
- a.APL ZQZA.
## **THE PARISH OF NEW MALDEN & COOMBE, CHRIST CHURCH AND ST. JOHN'S**
## **CASH FLOW STATEMENT FOR THE YEAR ENDED 31 DECEMBER 2022**
|Notes
**Cash flows from operating activities**
Cash generated from operations
1
Net cash (used in)/provided by operating activities
**Cash flows from investing activities**
Purchase of tangible fixed assets
Interest received
Net cash provided by/(used in) investing activities
**Change in cash and cash equivalents in the**
**reporting period**
**Cash and cash equivalents at the beginning of**
**the reporting period**
**Cash and cash equivalents at the end of the**
**reporting period**|**2022**
**£**
**(32,187)**
**(32,187)**
**-**
**8,853**
**8,853**
**(23,334)**
**822,362**
**799,028**|2021
£
55,102
55,102
(124,033)
517
(123,516)
(68,414)
890,776
822,362|
|---|---|---|
The notes form part of these financial statements
Page 7
## **THE PARISH OF NEW MALDEN & COOMBE, CHRIST CHURCH AND ST. JOHN'S**
## **NOTES TO THE CASH FLOW STATEMENT FOR THE YEAR ENDED 31 DECEMBER 2022**
|**1.**|**RECONCILIATION OF NET EXPENDITURE TO NET CASH FLOW FROM**|**OPERATING ACTIVITIES**|**OPERATING ACTIVITIES**|
|---|---|---|---|
|||**2022**|2021|
|||**£**|£|
||**Net expenditure for the reporting period (as per the Statement of Financial**|||
||**Activities)**|**(45,771)**|(360)|
||**Adjustments for:**|||
||Depreciation charges|**38,577**|53,257|
||Interest received|**(8,853)**|(517)|
||(Increase)/decrease in debtors|**(2,481)**|14,620|
||Decrease in creditors|**(13,659)**|(11,898)|
||**Net cash (used in)/provided by operations**|**(32,187)**|55,102|
2. **ANALYSIS OF CHANGES IN NET FUNDS**
||At 1.1.22|Cash flow|**At 31.12.22**|
|---|---|---|---|
||£|£|**£**|
|**Net cash**||||
|Cash at bank|**822,362 **|**(23,334)**|**799,028**|
||**822,362 **|**(23,334)**|**799,028**|
|**Total**|**822,362 **|**(23,334)**|**799,028**|
The notes form part of these financial statements
Page 8
## **THE PARISH OF NEW MALDEN & COOMBE, CHRIST CHURCH AND ST. JOHN'S**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022**
## **1. ACCOUNTING POLICIES**
## **Basis of preparing the financial statements**
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.
The PCC is a public benefit entity within the meaning of FRS102. The financial statements have been prepared under the Charities Act 2011 and in accordance with the Church Accounting Regulations 2006 governing the individual accounts of PCCs, and with the Regulations' "true and fair view" provisions, together with the Statement of Recommended Practice, Accounting and Reporting by Charities SORP (FRS102).
The financial statements have been prepared under the historical cost convention. The financial statements include all transactions, assets and liabilities for which the PCC is responsible in law. They do not include the accounts of church groups that owe their main affiliation to another body, nor those that are informal gatherings of church members.
## **Income**
Planned giving, collections and donations are recognised when received. Tax refunds are recognised when the incoming resource to which they relate is received. Grants and legacies are accounted for when the PCC is legally entitled to the amounts due and the amount can be ascertained with reasonable certainty. Interest is accrued and all other income is recognised when it is receivable. All incoming resources are accounted for gross. The value of any voluntary help received is not included in the accounts but is described in the PCCs' annual report.
## **Expenditure**
Liabilities are recognised as soon as there is a legal or constructive obligation and settlement is probable and quantifiable. Grants and donations are accounted for when paid over, or when awarded, if that award creates a binding or constructive obligation on the PCC. The diocesan parish share is accounted for when paid or commited by the PCC to be paid in respect of the relevant accounting period. Amounts received specifically for mission are dealt with as restricted funds. All other expenditure is generally recognised when it is incurred and is accounted for gross.
## **Tangible fixed assets**
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 33% on reducing balance
## **Taxation**
The charity is exempt from tax on its charitable activities.
## **Fund accounting**
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
## **Pension costs and other post-retirement benefits**
The charity operates a defined contribution pension scheme. Contributions payable to the charity's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
## **Insurance Cover**
We currently have insurance cover as follows:
i. Christ Church and associated buildings are insured for £12,081,703
ii. 12 Rosebery Avenue - buildings and contents cover of £439,620
continued...
Page 9
## **THE PARISH OF NEW MALDEN & COOMBE, CHRIST CHURCH AND ST. JOHN'S**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2022**
## **1. ACCOUNTING POLICIES - continued**
iii. Engineering Insurance at Christ Church covering pressurised items and on an annual review.
iv. St John's and associated buildings are contents are insured for £4,296,652
- v. 2 California Road - insured for £454,831
## **Fixed Assets**
Consecrated and benefice property is excluded from the accounts in accordance with s10(2)(a) of the Charities Act 2011.
No value is placed on movable church furnishings held by the Churchwardens on special trust for the PCC, and which require a faculty for disposal since the PCC considers this to be inalienable property. All expenditure incurred during the year on consecrated or beneficed buildings and movable church furnishings, whether maintenance or improvement is written off as incurred.
## Other land and buildings
Other land and buildings held on behalf of the PCC for its own purposes is valued at historical cost. No depreciation is charged against such properties but any expenditure on maintenance is written off when incurred.
## **New Church Hall**
The new Church Hall was built and completed in 2017. The development costs to year ended 31 Dec 2018 were incurred by the Diocese, as custodian trustee of the new halls, working in partnership with Christ Church. The legalities of the ownership and final settlement sum were transferred to Christ Church upon completion of the sale of the old church halls and 1A Cambridge Avenue in 2019.
Both properties were sold on the 3 July 2019 as part of a property development deal with Southwark Diocese in exchange for the newly built church hall, vicarage and a proportion of the cash proceeds from the sale of the properties equalling £905,900.47, net of sales costs.
## **Other fixtures. fittings and equipment** .
Equipment used within the church, but not falling into the categories mentioned above, and costing more than £5,000 is depreciated at 33% per annum on a reducing balance basis. Office equipment costing in excess of £5,000 is capitalised and depreciated at 33% per annum on a reducing balance basis.
## **2. DONATIONS AND LEGACIES**
|Donations
Gift aid
Legacies
Grants
Collections at all services
Sundry donations and gift days
Grants received, included in the above, are as follows:
Other grants|**2022**
**£**
**209,423**
**45,985**
**-**
**3,703**
**7,889**
**-**
**267,000**
**2022**
**£**
**3,703**|2021
£
226,014
50,362
30,000
18,424
914
3,449
329,163
2021
£
18,424|
|---|---|---|
||||
continued...
Page 10
## **THE PARISH OF NEW MALDEN & COOMBE, CHRIST CHURCH AND ST. JOHN'S**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2022**
## **3. OTHER TRADING ACTIVITIES**
|Church lettings
Rent
Church groups/events
PCC fees
**INVESTMENT INCOME**
Curr asset inv income|**2022**
**£**
**36,167**
**354**
**2,276**
**6,897 **
**45,694**
**2022**
**£**
**8,853**|2021
£
16,776
9,072
2,214
2,358|
|---|---|---|
|||30,420|
|||2021
£
517|
## **4. INVESTMENT INCOME**
## **5. TRUSTEES' REMUNERATION AND BENEFITS**
There were no trustees' remuneration or other benefits for the year ended 31 December 2022 nor for the year ended 31 December 2021.
## **Trustees' expenses**
There were no trustees' expenses paid for the year ended 31 December 2022 nor for the year ended 31 December 2021.
## **6. STAFF COSTS**
|**STAFF COSTS**|||||
|---|---|---|---|---|
|Wages and salaries
Social security costs
Other pension costs
Included within the above £20,702 (£21,017) relate to St John staffing costs.
The average monthly number of employees during the year was as follows:
Employed staff
No employees received emoluments in excess of £60,000.
**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**
Unrestricted
funds
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
288,651
Other trading activities
30,420
Investment income
514
**Total**
319,585
**EXPENDITURE ON**
**Charitable activities**
Church Activities
309,722||**2022**
**£**
**80,178**
**1,187**
**4,395**
**85,760**
**2022**
**5**
Restricted
funds
£
40,512
-
3
40,515
50,738||2021
£
87,625
1,995
4,395
94,015
2021
6
Total
funds
£
329,163
30,420
517|
|||||360,100|
|||||360,460|
## **7. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**
continued...
Page 11
## **THE PARISH OF NEW MALDEN & COOMBE, CHRIST CHURCH AND ST. JOHN'S**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2022**
## **7. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued**
|**NET INCOME/(EXPENDITURE)**
**Transfers between funds**
**Net movement in funds**
**RECONCILIATION OF FUNDS**
Total funds brought forward
**TOTAL FUNDS CARRIED FORWARD**
**8.**
**TANGIBLE FIXED ASSETS**
**COST**
At 1 January 2022 and 31 December 2022
**DEPRECIATION**
At 1 January 2022
Charge for year
At 31 December 2022
**NET BOOK VALUE**
At 31 December 2022
At 31 December 2021
**9.**
**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Other debtors
Tax recoverable
Prepayments|Unrestricted
funds
£
9,863
(3,000)
6,863
1,090,042
1,096,905
Freehold
property
£
**222,623**
**-**
**-**
**-**
**222,623**
222,623|Restricted
funds
£
(10,223)
3,000
(7,223)
69,629
62,406
Fixtures
and
fittings
£
**240,827**
**129,991**
**38,577**
**168,568**
**72,259**
110,836
**2022**
**£**
**28**
**24,730**
**2,004 **
**26,762**|Total
funds
£
(360)
-
(360)
1,159,671
1,159,311
Totals
£
**463,450**
**129,991**
**38,577**
**168,568**
**294,882 **
333,459
2021
£
129
22,089
2,063
24,281|
|---|---|---|---|
|||||
continued...
Page 12
## **THE PARISH OF NEW MALDEN & COOMBE, CHRIST CHURCH AND ST. JOHN'S**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2022**
## **10. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Other creditors
|**2022**
**£**
**7,132 **|2021
£
20,791|
|---|---|
Other creditors include £nil (2021 - £10,500) provision for Architect fee claimed for work on possible replacement housing for the caretaker under dispute since 2019.
## **11. MOVEMENT IN FUNDS**
|**Unrestricted funds**
Christ Church General Fund
St John's General Fund
Freehold property reserve
**Restricted funds**
CC Mission Funds
CC Sundry
St John's Special Fund
St John's Missionary Fund
St John's Discretionary Fund
St John's CAP Fund
**TOTAL FUNDS**|At 1.1.22
£
**887,706**
**78,632**
**130,566**
**1,096,904**
**26,733**
**6,211**
**1,064**
**727**
**2,418**
**25,254 **
**62,407 **
**1,159,311**|Net
movement
in funds
£
**(64,726)**
**25,424**
**-**
**(39,302)**
**(2,219)**
**(65)**
**117**
**(145)**
**115**
**(4,272)**
**(6,469)**
**(45,771)**|Transfers
between
funds
£
**(92,057)**
**(2,000)**
**92,057 **
**(2,000)**
**-**
**-**
**-**
**-**
**-**
**2,000**
**2,000**
**-**|At
31.12.22
£
**730,923**
**102,056**
**222,623**
**1,055,602**
**24,514**
**6,146**
**1,181**
**582**
**2,533**
**22,982 **
**57,938**
**1,113,540**|
|---|---|---|---|---|
Net movement in funds, included in the above are as follows:
|**Unrestricted funds**
Christ Church General Fund
St John's General Fund
**Restricted funds**
CC Mission Funds
CC Sundry
St John's Special Fund
St John's Missionary Fund
St John's Discretionary Fund
St John's CAP Fund
**TOTAL FUNDS**|Incoming
resources
£
**174,880**
**104,615**
**279,495**
**6,267**
**6,837**
**1,090**
**9,147**
**565**
**18,146**
**42,052**
**321,547**|Resources
Movement
expended
in funds
£
£
**(239,606)**
**(64,726)**
**(79,191)**
**25,424**
**(318,797)**
**(39,302)**
**(8,486)**
**(2,219)**
**(6,902)**
**(65)**
**(973)**
**117**
**(9,292)**
**(145)**
**(450)**
**115**
**(22,418) **
**(4,272)**
**(48,521)**
**(6,469)**
**(367,318) **
**(45,771)**|
|---|---|---|
continued...
Page 13
## **THE PARISH OF NEW MALDEN & COOMBE, CHRIST CHURCH AND ST. JOHN'S**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2022**
## **11. MOVEMENT IN FUNDS - continued**
## **Comparatives for movement in funds**
|Net
movement
At 1.1.21
in funds
£
£
**Unrestricted funds**
Christ Church General Fund
906,940
(19,234)
St John's General Fund
52,536
29,096
Freehold property reserve
130,566
-
1,090,042
9,862
**Restricted funds**
CC Mission Funds
18,355
8,378
CC Sundry
8,564
(2,353)
St John's Special Fund
1,134
(70)
St John's Missionary Fund
1,940
(1,214)
St John's Discretionary Fund
2,162
256
St John's CAP Fund
37,474
(15,219)
69,629
(10,222)
**TOTAL FUNDS**
1,159,671
(360)
Comparative net movement in funds, included in the above are as follows:
Incoming
resources
£
**Unrestricted funds**
Christ Church General Fund
219,151
St John's General Fund
100,434
319,585
**Restricted funds**
CC Mission Funds
11,257
CC Sundry
274
St John's Special Fund
146
St John's Missionary Fund
9,069
St John's Discretionary Fund
526
St John's CAP Fund
19,243
40,515
**TOTAL FUNDS**
360,100||Transfers
between
funds
£
-
(3,000)
-
(3,000)
-
-
-
-
-
3,000
3,000
-
Resources
expended
£
(238,385)
(71,338)
(309,723)
(2,879)
(2,627)
(216)
(10,283)
(270)
(34,462)
(50,737)
(360,460)|At
31.12.21
£
887,706
78,632
130,566
1,096,904
26,733
6,211
1,064
726
2,418
25,255
62,407
1,159,311
Movement
in funds
£
(19,234)
29,096
9,862
8,378
(2,353)
(70)
(1,214)
256
(15,219)
(10,222)
(360)|
|---|---|---|---|
|||||
|||||
|||||
|||||
continued...
Page 14
## **THE PARISH OF NEW MALDEN & COOMBE, CHRIST CHURCH AND ST. JOHN'S**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2022**
## **11. MOVEMENT IN FUNDS - continued**
A current year 12 months and prior year 12 months combined position is as follows:
|Net
Transfers
movement
between
At 1.1.21
in funds
funds
£
£
£
**Unrestricted funds**
Christ Church General Fund
906,940
(83,960)
(92,057)
St John's General Fund
52,536
54,520
(5,000)
Freehold property reserve
130,566
-
92,057
1,090,042
(29,440)
(5,000)
**Restricted funds**
CC Mission Funds
18,355
6,159
-
CC Sundry
8,564
(2,418)
-
St John's Special Fund
1,134
47
-
St John's Missionary Fund
1,940
(1,359)
-
St John's Discretionary Fund
2,162
371
-
St John's CAP Fund
37,474
(19,491)
5,000
69,629
(16,691)
5,000
**TOTAL FUNDS**
1,159,671
(46,131)
-
A current year 12 months and prior year 12 months combined net movement in funds, included in the above ar
Incoming
Resources
resources
expended
£
£
**Unrestricted funds**
Christ Church General Fund
394,031
(477,991)
St John's General Fund
205,049
(150,529)
599,080
(628,520)
**Restricted funds**
CC Mission Funds
17,524
(11,365)
CC Sundry
7,111
(9,529)
St John's Special Fund
1,236
(1,189)
St John's Missionary Fund
18,216
(19,575)
St John's Discretionary Fund
1,091
(720)
St John's CAP Fund
37,389
(56,880)
82,567
(99,258)
**TOTAL FUNDS**
681,647
(727,778)|At
31.12.22
£
730,923
102,056
222,623
1,055,602
24,514
6,146
1,181
581
2,533
22,983
57,938
1,113,540
e as follows:
Movement
in funds
£
(83,960)
54,520
(29,440)
6,159
(2,418)
47
(1,359)
371
(19,491)
(16,691)
(46,131)|
|---|---|
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
Fund particulars:
Mission Funds are donated in support of missionaries and mission societies at the direction of donors.
Monies in the St John's Special Fund are used for St John's church at the discretion of the St John's Committee.
Sundry Funds are primarily monies given that are earmarked for specific charities.
The St John's Discretionary Fund is money given primarily in support of less well off parishioners.
The CAP fund finances work with people struggling with debt.
Page 15
continued...
## **THE PARISH OF NEW MALDEN & COOMBE, CHRIST CHURCH AND ST. JOHN'S**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2022**
## **12. RELATED PARTY DISCLOSURES**
There were no related party transactions for the year ended 31 December 2022.
## **13. DONATIONS TO MISSION AND OTHER CHARITABLE WORK**
|From General Funds
Oxygen
Insight
Parish Schools
KCAH
CAP
From Individual Donations
CAP (through SJ)
AWM (Rugg)
Mercy Teete
Mission Africa - Nash
From General Funds
Oxygen
Link to Hope
From Individual Donations
Jeanne Buchanan|**St John's **
**£2,000**
**£1,560**
**£2,400**
**£1,440**
**£2,000**
**£2,340**
**£1,500**
**£3,900**
**£3,892**
**Christ Church**
**£6,000**
**£2,500**
**£2,400**|
|---|---|
Page 16
## **THE PARISH OF NEW MALDEN & COOMBE, CHRIST CHURCH AND ST. JOHN'S**
## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2022**
|**INCOME AND ENDOWMENTS**
**Donations and legacies**
Donations
Gift aid
Legacies
Grants
Collections at all services
Sundry donations and gift days
**Other trading activities**
Church lettings
Rent
Church groups/events
PCC fees
**Investment income**
Curr asset inv income
**Total incoming resources**
**EXPENDITURE**
**Charitable activities**
Wages
Social security
Pensions
Home mission
Overseas mission
Other charities
Schools/education work
Youth ministries
Outreach
Diocesan parish share
Worship
Church property costs
Staff expenses
Office and administration
Other
C.A.P. expenses
**Support costs**
**Governance costs**
Accountancy and legal fees
Independent Examination fee
Fixtures and fittings|2022
£
**209,423**
**45,985**
**-**
**3,703**
**7,889**
**-**
**267,000**
**36,167**
**354**
**2,276**
**6,897 **
**45,694**
**8,853**
**321,547**
**80,178**
**1,187**
**4,395**
**7,225**
**11,792**
**5,860**
**3,960**
**-**
**6,097**
**99,910**
**5,865**
**78,364**
**1,042**
**5,389**
**2,143**
**7,729**
**321,136**
**6,645**
**960**
**38,577**
**46,182**|2021
£
226,014
50,362
30,000
18,424
914
3,449
329,163
16,776
9,072
2,214
2,358
30,420
517
360,100
87,625
1,995
4,395
7,437
10,663
8,033
5,441
2,263
4,255
94,500
7,132
53,539
1,598
2,946
(6,634)
19,535
304,723
4,080
(1,600)
53,257
55,737|
|---|---|---|
This page does not form part of the statutory financial statements
Page 17
## **THE PARISH OF NEW MALDEN & COOMBE, CHRIST CHURCH AND ST. JOHN'S**
|**DETAILED STATEMENT OF FINANCIAL ACTIVITIES**
**FOR THE YEAR ENDED 31 DECEMBER 2022**
Total resources expended
**Net expenditure**|2022
£
**367,318**
**(45,771)**|2021
£
360,460
(360)|
|---|---|---|
This page does not form part of the statutory financial statements
Page 18