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2022-12-31-accounts

ALL SAINTS’ LALEHAM

PAROCHIAL CHURCH COUNCIL

Annual Report

and

Statement of Financial Activities

for the year ended 31 December 2022

Registered Charity Number 1135064

Office Address: All Saints’ Parish Office, The Broadway, Laleham, Staines, TW18 1RZ Tel: 01784 441160, e-mail: office@allsaintslaleham.org.uk

Incumbent: Revd. Dr. Andrew Saville, Laleham Vicarage, The Broadway, Laleham, Staines, TW18 1SB Tel: 01784 455524, e-mail: andy.saville@allsaintslaleham.org.uk

Page 1

Bankers: Charities Aid Foundation (CAF), Santander and Nationwide (Playgroup).

Independent Examiner : Stewardship, 1 Lamb's Passage, London EC1Y 8AB

The Parochial Church Council is a corporate body established by the Church of England. The PCC operates under the Parochial Church Council Powers Measure. The PCC is registered with the Charity Commission from March 2010 – Registration Number 1135064. The appointment of PCC members is governed by and set out in the Church Representation Rules. The PCC is required to co-operate with the Incumbent in promoting in the parish the whole mission of the Church, pastoral, evangelistic, social and ecumenical. Members of the PCC are either ex officio or elected by the Annual Parochial Church Meeting (APCM) in accordance with the Church Representation Rules.

During the year the following served as members of the PCC: Incumbent: Revd. Dr. Andrew Saville, the Chairman

Assistant Minister: Revd. Elspeth Saville

Associate Minister (PTO): Revd. Ian Smailes

Curate: Revd. Johnny Lawes

Families Minister: (Victoria) Tori Biutanaseva (until end of August 2022)

Licensed Lay Ministers: Alan McLaughlin, Richard Atterton (PTO), Alan Vince (PTO)

Churchwardens up to the APCM 2022: Karen Rieveley, Ian Hunt Churchwardens from the APCM 2022: Alastair Duncan, Ian Hunt

Elected Representative to the PCC up to the APCM 2022 were: Richard Atterton, Tori Biutanaseva, Deborah Bull, Ian Hunt, Sharon Maycock Prime, Debbie Nurse, Karen Rieveley, Jo Smith, Ben Usher (until 16[th] November 2021), Kasia Van’t Hoogerhuijs, Simon Williams, Alexandra Wren.

Elected Representative to the Deanery Synod (and thus members of the PCC) up to the APCM 2022 were: Deborah Bull, Alan McLaughlin, Debbie Nurse, Ros Smailes

Ex officio members of the PCC: Revd. Andy Saville, Revd. Elspeth Saville, Revd. Johnny Lawes

Co-opted members up to the APCM 2022 were: Ian Smailes

Elected to the PCC from the APCM 2022 were: Richard Atterton, Tori Biutanaseva, Deborah Bull, Alastair Duncan, Ian Hunt, Sharon Maycock Prime, Debbie Nurse (until end of July 2022), Jo Smith, Simon Williams, Alexandra Wren.

Elected Representative to the Deanery Synod (and thus members of the PCC) from the APCM 2022 were:

Deborah Bull, Alan McLaughlin, Debbie Nurse (until end of July 2022), Ros Smailes

Co-opted members subsequent to the APCM 2022 were: Barry Morgan (from July 2022), Ian Smailes

Honorary Treasurer: Simon Williams

Also in attendance:

Honorary Secretary: The Vicar (until July 2022), Jan Morgan (from July 2022)

Page 2

The PCC met 6 times in 2022.

Other roles in the Church include:

Electoral Roll Officer: Mary Hunt

There were 181 Church members on the Church Electoral Roll.

Church Safeguarding Officers: Jan Vince and Wendy Williams

Children’s Champion: Alexandra Wren

Administrators: Mary Hunt, Claire Welham

The following hopefully gives a flavour of what God enabled us to do in 2022, and we were thankful to be able to return to many of our usual parish acts of worship and other activities as all Covid regulations ceased in February.

1. Worship

Page 3

Page 4

Worship (Children and Youth)

2. Connect

Page 5

3. Grow

Page 6

4. Serve

5. Share

Page 7

Escape Room Event.

Laleham Church Playgroup

Laleham Church Playgroup is one of the longest lasting and most precious ministries of the church and has been a blessing to generations of local children. The Mission Statement is: ‘At Laleham Church Playgroup we aim to work with parents and carers and provide a caring Christian environment in which each child will be stimulated to develop — socially, emotionally, physically, intellectually, linguistically, and spiritually — through play.’

A typical morning at Playgroup includes creative activities, play with various construction sets, outdoor play in the garden and playground, enjoying stories, role play, puzzles and games, malleable materials, sensory activities, talking about and listening to the children's news and ideas, singing, gross motor activities including playing on bikes, bouncing on the trampoline, and climbing on the wooden play frame and working together on the see-saw. The programme includes listening games, science sessions, music and movement, percussion, sand and water play.

In our secure environment, with effective adult support, children will be able to:

In June 2022 Playgroup had an Ofsted inspection. The overall effectiveness was graded as ‘Good’ in every

Page 8

aspect. The report stated that: ‘Children are confident, happy and emotionally secure in this friendly preschool. They receive a warm welcome from the caring staff team, which helps them to settle in quickly. Children have developed strong bonds with the kind and nurturing staff. Expectations for all children are high.’ The recommendations for further improvement were:

Staff Training:

Visitors:

Page 9

Fabric Committee: Rev A Saville (Chair, Jan), Sharon Maycock Prime (Chair, Jan-May), Alastair Duncan (Chair from May), Alan McLaughlin, Barry Morgan (from May), Mike Nelson, Kasia Van’t Hoogerhuijs, Rob Van’t Hoogerhuijs, Jennie Curtis (Honorary Secretary).

Alastair Duncan - Chair

Finance Committee until APCM: Simon Williams, Deborah Bull, Ian Dibben, Linda Dibben, Keith Vigurs, Wendy Williams.

Finance Committee following APCM: Simon Williams, Deborah Bull, Ian Dibben, Linda Dibben.

Total income for the year was £306,968 (2021: £316,665). The receipts on unrestricted funds were £264,802 (2021: £266,329) of which £122,112 (2021: £123,740) were planned voluntary donations. Restricted income of £42,167 (2021: £50,336) was also received. The restricted income included £39,350 to support our Curate and £2,250 to support our Mission Partners.

Total expenditure for the year was £329,269 (2021: £301,181), leading to a deficit of £24,182 (2021: surplus of £17,503) after a loss on investments of £1,881 (2021: gain of £2,019). As a result, total reserves decreased from 197,197 at the end of 2021 to £173,015 at the end of 2022, of which £135,689 (2021: £152,873) were for unrestricted purposes, £32,607 (2021: £38,984) were for restricted purposes and £4,719 (2021: £5,340) were held in an endowment fund. Unrestricted reserves were invested in our ministry to families and upgrade of the electrical installation in our buildings to the latest standards. Excess restricted funds received for our curate in his first year were used to cover a deficit in his second year. The reduction in the value of our endowment fund was caused by a loss in the value of investments, in line with market trends.

General unrestricted income was £174,400 (2021: £165,951) and this was used to pay routine running expenses of £181,058 (2021: £178,097). The deficit on the General fund was £2,278 (2021: £9,967) after taking to account the contribution to Youth Centre running costs by Playgroup and revaluation of investments.

Page 10

The reduction of the deficit between regular income and expenditure in 2022 was a step towards putting our finances on a sustainable footing. However, the General fund closing balance of £50,128 represents only 3.3 months of routine expenditure which is close to the minimum of 3 months recommended by experts and set by our reserves policy. There is a continual focus on achieving value for money and savings have been made in 2022 to the broadband and phone costs by switching supplier.

We contributed £85,200 to the Diocese of London Common Fund, which was 100% of the Parish Standard Cost for 2022. The Parish Standard Cost covers the Vicar’s stipend, pension, national insurance, and housing. It also contributes to the costs of the Diocese of London and the national church in providing episcopal oversight, clergy training, safeguarding leadership, property management, etc.

The digital giving system introduced last year has proved to be very useful in 2022. It handled £7,007 in 594 transactions with little administrative effort on our part. The facility to donate cash was restarted to cater for all preferences and £946 was given by this method in 2022.

The finance team produced a detailed financial control policy document which was approved by the PCC in July 2022. The document has been useful in clarifying all financial processes and reinforcing the PCC’s role in prioritising and overseeing expenditure.

Standing Committee:

Up to the APCM 2022 were: Revd. Andrew Saville, Deborah Bull, Ian Hunt, Karen Rieveley, Simon Williams. From the APCM 2022 were: Revd. Andrew Saville, Deborah Bull, Alastair Duncan, Ian Hunt, Simon Williams. The only committee required by law, it has power to transact the business of the PCC between its meetings, subject to any directions given by the Council. This committee comprises the Incumbent, the Churchwardens, and at least two elected members from the PCC, which usually include the Treasurer and Secretary, if they are PCC members. The Standing Committee usually meets 2 weeks prior to the PCC to plan the agenda.

Safeguarding: Parish Safeguarding Officer: Jan Vince, assisted by: Wendy Williams Lead Recruiter / DBS Checker: Jan Vince

The PCC Safeguarding Policy Statement was reviewed and agreed following the APCM meeting in April 2022. The new policy is always displayed on notice boards in the church, the Youth Centre, and the school, alongside the PCC Statement on Safeguarding Children & Adults at Risk They can both be found on the church website. Also displayed is our policy for Domestic Abuse.

We continue to conduct DBS (Disclosure & Barring Service) checks on everyone who volunteers with the children, young people and vulnerable adults in our church. We are now required to renew the DBS checks every 3 years (previously 5 years), except for the Playgroup staff who, for best practice in Early Years Education, have their DBS status checked every term. Jan checks the Playgroup Manager’s status each term.

If a young person becomes involved with helping in children’s groups or Holiday Club, Jan writes to their school for a character reference and gives a short talk on Safeguarding.

We continue to ensure that all our volunteers update their Safeguarding training every 3 years as required by the Church of England. This is currently offered as online training, either to be completed independently or with Jan and Wendy in small groups, if requested.

PCC members are also now required by the Diocese to have basic safeguarding training and the current PCC members have all completed this. New members will be invited to do so. It is also requested that PCC members complete the Domestic Abuse training; we are currently working on this.

Over 20 of our volunteers completed the Safeguarding training in 2022.

Jan ensures that the PCC group (the Standing Committee) who would be involved with “Serious Incidents” are all trained.

Safeguarding is an agenda item for each PCC meeting.

We have just over 60 members of the church who are DBS checked.

26 were checked or re-checked in 2022.

The Church Safeguarding Audit has been completed each March, with targets being set based on the

requirements of the Parish Safeguarding Handbook published by the House of Bishops. A copy was sent to the

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Diocese, having been approved by the PCC.

As required, Wendy and Jan completed a policy for Domestic Abuse which is now displayed on our notice boards. There is also the requirement for a policy on the use of Social Media. The PCC has taken responsibility for this, and it was added as a target last year and the previous year. Completion of this is still awaited. Jan and Wendy have both completed the Domestic Abuse online training, the Safeguarding Leadership Level 3 (also one of our LLM’s) and the Safer Recruitment and People Management online course.

We adopted the use of the Safeguarding Dashboard, which has highlighted the need for more role descriptions and risk assessments for all church and non-church activities, a task which we have almost completed. Jan has had to DBS check all Homegroup Leaders, which has required ThirtyOne-Eight to set up our church for Basic checks as well as Enhanced ones. The Dashboard covers a great deal more of church requirements. We are now at Level 3 and have achieved 94%.

We have produced a basic policy on the recruitment of ex-offenders.

We have passed on a flow chart from the Parish Safeguarding Handbook to PCC members on how to respond promptly to every safeguarding concern and allegation.

Statement of Parochial Church Council Responsibilities

Under the Charities Act 2011, the PCC is required to prepare a statement of accounts for each accounting year which gives a true and fair view of the state of affairs of the church. They are required to:

Select suitable accounting policies and apply them consistently.

Make judgements and estimates that are reasonable and prudent.

State whether the policies adopted are in accordance with the Church Accounting Regulations and with applicable accounting standards.

Prepare the financial statements on an ongoing basis.

They are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time, the financial position of the church and to ensure that such accounts comply with applicable accounting standards, and with the Statements of Recommended Practice and the Regulations made under Section 130 of the Charities Act 2011. They also have a responsibility to safeguard the assets of the church and to take reasonable steps for the prevention of fraud and other irregularities.

The Trustees have complied with the duty to have due regard to the public benefit guidance published by the Charity Commission.

For and on behalf of the Parochial Church Council

Revd. Dr. Andrew Saville

Revd. Dr. Andrew Saville Chairman

Date: 12 April 2023

Page 12

INDEPENDENT EXAMINER'S REPORT

TO THE MEMBERS OF THE PAROCHIAL CHURCH COUNCIL OF

ALL SAINTS LALEHAM PAROCHIAL CHURCH COUNCIL ('the Charity')

I report to the members of the PCC (who are also the charity's trustees) on my examination of the accounts of the Charity for the year ended 31 December 2022 on pages 14 to 26 following, which have been prepared on the basis of the accounting policies set out on pages 17 to 18.

Responsibilities and basis of report

As members of the PCC 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 Charity’s accounts carried out under section 145 of the Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiner’s statement

Since the Charity’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of The Institute of Chartered Accountants of Scotland, which is one of the listed bodies.

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

  1. accounting records were not kept in respect of the Charity 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.

Archie McDowall

Archie McDowall BA, CA Member of The Institute of Chartered Accountants of Scotland

Stewardship 1 Lamb's Passage London EC1Y 8AB

Date: 13 April 2023

Page 13

ALL SAINTS LALEHAM PAROCHIAL CHURCH COUNCIL

STATEMENT OF FINANCIAL ACTIVITIES

YEAR ENDED 31 DECEMBER 2022

Note
INCOME AND ENDOWMENTS FROM:
Donations and legacies
3
Charitable activities
4
Other trading activities
5
Investments
6
Other income
7
Total income and endowments
EXPENDITURE ON:
Charitable activities
8
Total expenditure
Net gains/(losses) on investments
Net income/(expenditure)
Transfers between funds
17
Net movement in funds
Reconciliation of funds:
Total funds brought forward
Total funds carried forward
17		 Unrestricted
Funds
£
165,095
90,229
4,286
988
4,205
264,802
278,825
278,825
(1,260)
(15,284)
(1,900)
(17,184)
152,873
135,689		 Restricted
Funds
£
42,026
-
-
141
-
42,167
50,444
50,444
(8,277)
1,900
(6,377)
38,984
32,607		 Endowment
Funds
£
-
-
-
-
-
-
-
(621)
(621)
-
(621)
5,340
4,719		 Total
Funds
2022
£
207,121
90,229
4,286
1,129
4,205
306,968
329,269
329,269
(1,881)
(24,182)
-
(24,182)
197,197
173,015		 Total
Funds
2021
£
236,286
78,665
1,276
438
-
316,665
301,181
301,181
2,019
17,503
-
17,503
179,695
197,197

The statement of financial activities includes all gains and losses recognised in the year.

All income and expenditure derive from continuing operations.

The notes on pages 16-26 form part of these accounts.

Page 14

ALL SAINTS LALEHAM PAROCHIAL CHURCH COUNCIL

BALANCE SHEET

AS AT 31 DECEMBER 2022

Note
FIXED ASSETS
Investments
11
CURRENT ASSETS
Stock
12
Debtors
13
Cash at bank and in hand
14
CREDITORS: Amounts falling
due within one year
15
Net current assets / (liabilities)
TOTAL NET ASSETS
FUND BALANCES
17
Unrestricted Funds
General funds
Designated funds
Restricted Funds
Endowment Funds		 Unrestricted
Funds
£
9,497
9,497
30
7,161
129,849
137,040
(10,847)
126,193
135,690
50,128
85,562
135,690
-
135,690		 Restricted
Funds
£
-
-
-
1,900
30,706
32,606
32,606
32,606
-
32,606
32,606		 Endowment
Funds
£
4,719
4,719
-
-
-
-
-
-
4,719
-
4,719
4,719		 Total
Funds
2022
£
14,216
14,216
30
9,061
160,555
169,646
(10,847)
158,799
173,015
50,128
85,562
135,690
32,606
4,719
173,015		 Total
Funds
2021
£
16,097
16,097
30
8,686
181,153
189,869
(8,769)
181,100
197,197
54,306
98,567
152,873
38,984
5,340
197,197

The financial statements were approved by the members of the PCC and were signed on its behalf by:

Revd. Dr. Andrew Saville --------------------------------------Date: 12 April 2023 Revd. Dr. Andrew Saville

Charity number: 1135064

The notes on pages 16-26 form part of these accounts.

Page 15

ALL SAINTS LALEHAM PAROCHIAL CHURCH COUNCIL

DETAILED STATEMENT OF FINANCIAL ACTIVITIES WITH COMPARATIVES

YEAR ENDED 31 DECEMBER 2022

Note
INCOME AND ENDOWMENTS FROM:
Donations and legacies
3
Charitable activities
4
Other trading activities
5
Investments
6
Other income
7
Total income and endowments
EXPENDITURE ON:
Charitable activities:
8
Total Expenditure
Net gains/(losses) on investments
Net income/(expenditure)
Transfers between funds
17
Other recognised gains/(losses):
Net movement in funds
Reconciliation of funds:
Total funds brought forward
Total funds carried forward
17		 General
2022
£
158,783
6,138
4,286
988
4,205
174,400
181,058
181,058
(1,260)
(7,918)
3,740
(4,178)
54,306
50,128
Unrestric		 Unrestric Designated
2022
£
6,312
84,090
-
-
90,402
97,767
97,767
-
(7,365)
(5,640)
(13,005)
98,567
85,562
ted funds		 Restricted
2022
£
42,026
-
-
141
42,167
50,444
50,444
-
(8,277)
1,900
(6,377)
38,984
32,607		 Endowment
2022
£
-
-
-
-
-
-
-
(621)
(621)
-
(621)
5,340
4,719		 Total
2022
£
207,121
90,229
4,286
1,129
4,205
306,968
329,269
329,269
(1,881)
(24,182)
-
(24,182)
197,197
173,015		 General
2021
£
159,087
5,288
1,276
300
-
165,951
178,097
178,097
1,353
(10,793)
2,726
(8,067)
62,373
54,306
Unrestric		 Unrestric Designated
2021
£
27,000
73,378
-
-
-
100,378
93,170
93,170
-
7,208
(2,850)
4,358
94,209
98,567
ted funds		 Restricted
2021
£
50,199
-
-
137
50,336
29,915
29,915
-
20,421
(4,550)
15,871
23,113
38,984		 Endowment
2021
£
-
-
-
-
-
-
-
-
666
666
4,674
5,340
-
5,340		 Total
2021
£
236,286
78,665
1,276
438
-
316,665
301,181
301,181
2,019
17,502
-
17,502
179,695
197,197

Page 16

ALL SAINTS LALEHAM PAROCHIAL CHURCH COUNCIL

NOTES TO THE ACCOUNTS

YEAR ENDED 31 DECEMBER 2022

1 Statutory Information

The Parochial Church Council of All Saints Church Laleham is a charity registered with the Charity Commission in England & Wales. The charity's registered number and principal address can be found on the Charity Information page.

2 Accounting Policies

These financial statements are prepared on a going concern basis, under the historical cost convention. The financial statements include all activities for which the PCC is legally responsible; the activities of informal gatherings of church members and groups that owe their main affiliation to another body and are excluded.

These financial statements have been prepared in accordance with The Church Accounting Regulations 2006, the 'Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)' ("the Charities SORP"), with the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland ("FRS 102") and with the Charities Act 2011. The charity meets the definition of a public benefit entity as set out in FRS 102.

The Charities (Accounts and Reports) Regulations 2008 (the '2008 Regulations') requires charities to prepare their accounts in accordance with 'Accounting and Reporting by Charities: Statement of Recommended Practice effective from 1 April 2005' but this accounting standard has since been withdrawn and has been replaced by the Charities SORP mentioned in the preceding paragraph. The charity has prepared these financial statements in accordance with the new Charities SORP; this departure from the 2008 Regulations is believed to be necessary for these financial statements to give a 'true and fair view'.

The principles adopted in the preparation of the financial statements are set out below.

a) Going concern

The PCC have assessed whether the use of the going concern basis is appropriate and have considered possible events or conditions that might cast significant doubt on the ability of the charity to continue as a going concern. The PCC have made this assessment for a period of at least one year from the date of approval of the financial statements. In particular the PCC have considered the charity's forecasts and projections and the possible implications should projected income and / or expenditure vary unexpectedly. The PCC have concluded that there is a reasonable expectation that the charity has adequate resources to continue to operate for the foreseeable future. The charity therefore continues to adopt the going concern basis in preparing its financial statements.

b) Income

Income (which includes planned giving, collections and other donations) is recognised in the period in which the charity becomes entitled to receipt, the amount receivable can be measured with reasonable certainty, and receipt is probable. For the most part income is generally recognised when it is received by, or on behalf of, the PCC. Income is only deferred when the charity has to fulfil conditions before becoming entitled to it or where the donor has specified that the income is to be expended in a future period.

Income from donations and legacies includes:

iii) Legacies. Income from legacies is recognised when a distribution is received from the estate or, if earlier, when the charity has been notified that a distribution will be made and the amount receivable can be measured reliably.

Income from charitable activities represents income receivable from goods, services and facilities supplied in furtherance of the charity's charitable objects. It includes income from the Playgroup, church retreats and other events and courses.

c) Expenditure

Expenditure, including irrecoverable VAT, is recognised when it is incurred or, if earlier, when a legal or constructive obligation for a payment arises provided that it is probable that settlement will be required and the amount of the obligation can be measured reliably.

Contributions in respect of the diocesan parish share are included in the Statement of Financial Activities for all amounts agreed to being payable for the financial year.

The charity makes grants to other institutions and individuals to further its charitable objectives. Grants payable are recognised as constructive obligations arise, which is generally when the charity expresses a commitment to the recipient that can be measured reliably and then only to the extent that any conditions associated with the grant are outside of the control of the charity.

Governance costs, which are included in expenditure on charitable activities but are identified separately in the notes to the accounts, includes costs associated with the independent examination of the financial statements, compliance with constitutional and statutory requirements and any other expenditure incurred on the strategic management of the charity.

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ALL SAINTS LALEHAM PAROCHIAL CHURCH COUNCIL

NOTES TO THE ACCOUNTS

YEAR ENDED 31 DECEMBER 2022

d) Fund accounting

General funds are unrestricted funds which are available for use at the discretion of the PCC in furtherance of the general objectives of the charity. Designated funds comprise unrestricted funds that have been set aside by the PCC for particular purposes. Restricted funds are donations which are to be used in accordance with specific restrictions imposed by donors; they include donations received from appeals for specific activities or projects.

e) Tangible fixed assets

Consecrated and beneficed property is not included in these financial statements by virtue of s.10(2) of the Charities Act 2011. All expenditure on consecrated or beneficed buildings is written off in the year in which it is incurred.

Movable church furnishings held by the incumbent and Churchwardens on special trust for the PCC and which require a faculty for disposal are capitalised in accordance with the policy set out below. These items are regarded as inalienable property and are listed in the church's inventory which can be inspected at any reasonable time. Inalienable property acquired prior to 2000 has not been capitalised as there is insufficient cost information available.

The Youth Centre which was built in the 1960's at a cost of approximately £7,000 on land given to All Saints' for that specific purpose, would today cost approximately £250,000. However it is not considered to be a realisable asset since we have been advised that no other use would be permitted. Therefore it is not included on the balance sheet.

Items purchased or donated for the charity's own use are capitalised when the cost of purchased items, or the fair value of donated items, is more than 5% of total expenditure in the accounting period and the item is expected to benefit the charity over more than one accounting period. Depreciation is charged on a straight line basis so as to write down the value of each asset to its estimated residual value (if any) over its expected useful economic life. To achieve this objective the following rates of depreciation are charged:

Freehold land Is not depreciated (because it is not consumed by use) Freehold buildings Over 50 years after taking account of the building's residual value Equipment Over 3 to 7 years

The carrying values of tangible fixed assets are reviewed for impairment in periods when events or changes in circumstances indicate that the carrying value may not be recoverable.

Investments

f) Fixed asset investments are held to generate income and / or for their investment potential. They are valued as follows: i) Listed investments are valued at their market value (fair value) at the balance sheet date.

g) Stocks

Stocks of books purchased for re-sale are stated at the lower of cost and net realisable value.

h) Pension scheme arrangements

The charity contributes to the Church Workers Pension Fund, which is a multi-employer defined benefits pension scheme as described in Section 28 of FRS 102. The charity is not able to identify its share of the Scheme's assets and liabilities and, therefore, as permitted by FRS 102, the Scheme is accounted for as if it were a defined contribution pension scheme. Contributions to the Scheme are charged to the Statement of Financial Activities as they become payable. Further information about the Scheme is disclosed in note 16 'Pension Commitments'.

i) Taxation

The charity has taken advantage of the various reliefs from taxation available to charities and no tax is payable on the charity's income.

j) Financial instruments The charity's financial assets and financial liabilities all qualify as basic financial instruments, as defined by FRS102. Except for loans, creditors and debtors are measured at their expected settlement value (normally the amount of cash that the charity expects to pay or receive). The charity recognises liabilities for the principal of those loans that remains outstanding at the year end (i.e. the liabilities exclude any interest chargeable on the loans in future years).

k) Exemption from preparing a cashflow statement

The charity has taken advantage of an exemption conferred by the Charities SORP and has not prepared a cash flow statement.

Page 18

ALL SAINTS LALEHAM PAROCHIAL CHURCH COUNCIL

NOTES TO THE ACCOUNTS

YEAR ENDED 31 DECEMBER 2022

3 Donations and legacies

Planned Giving
Tax Recoverable
Other Giving
Collections
Legacies
ncome from charitable activities
Fees for weddings and Funerals
Book Sales
Holiday Club
Other generated income
Playgroup: Local Authority Funding
Fees
Fundraising
Job Retention Scheme grants
Other
ncome from other trading activities
Lettings
nvestment income
Dividends & interest		 2022
£
136,312
34,567
27,022
4,418
4,802
207,121
2022
£
3,607
921
785
825
68,825
13,700
1,553
-
12
90,229
2022
£
4,286
4,286
2022
£
1,129
1,129		 2021
£
133,592
34,379
38,524
792
29,000
236,286
2021
£
4,573
490
225
-
53,117
18,380
338
1,540
3
78,665
2021
£
1,276
1,276
2021
£
438
438

4 Income from charitable activities

5 Income from other trading activities

Page 19

ALL SAINTS LALEHAM PAROCHIAL CHURCH COUNCIL

NOTES TO THE ACCOUNTS

YEAR ENDED 31 DECEMBER 2022

7
Other income
Insurance claim
8
Charitable expenditure
a
Costs incurred directly on specific activities
Ministry costs
note
Diocesan contribution
Other clergy costs
9(a)
Church running expenses
9(b)
Church maintenance
9(c)
Upkeep of services
Upkeep of churchyard
9(d)
Training & support costs (inc youth work)
9(e)
Youth Centre running costs
9(f)
Playgroup running costs
9(g)
Bookstall
Grants payable (see b) below)
Administration
Salary
Parish office rent
Administration
Telephone
Insurance
Utilities
Office refurbishment & maintenance
Governance Costs
Total expenditure on charitable activities
b
Grants payable
Grants for UK and overseas mission
Grants for the relief of poverty
The charity's principal grants to institutions comprised:
Church Pastoral Aid Society
Tearfund
Grants to institutions for less than £1,000 each		 2022
£
4,205
4,205
2022
£
85,200
62,154
5,655
11,923
7,460
7,077
11,382
15,292
78,819
889
285,851
2,474
27,741
2,621
4,168
671
558
1,398
907
2,880
40,944
329,269
2022
£
1,349
1,125
2,474
2022
£
1,125
1,125
224
2,474		 2021
£
-
-
2021
£
85,200
44,620
5,829
20,196
5,522
5,530
5,195
16,201
68,371
396
257,060
2,906
27,486
-
7,988
694
536
1,133
499
2,880
41,216
301,181
2021
£
1,481
1,425
2,906
2021
£
1,125
1,425
356
2,906

The fee payable to the independent examiner for preparing and examining the accounts was £2,880 (2021: £2,880). The charity paid £nil (2021: £nil) to Stewardship for other services

Page 20

ALL SAINTS LALEHAM PAROCHIAL CHURCH COUNCIL

NOTES TO THE ACCOUNTS

YEAR ENDED 31 DECEMBER 2022

9
9(a) Other Clergy costs
Clergy expenses
Vicarage expenses
Curate's house expense
Curate training contribution
Additional staff costs
Staff expenses
9(b) Church Running expenses
Insurance
Telephone and internet
Utilities
9(c)
Church maintenance
Repairs & maintenance
Other costs
9(d) Upkeep of Churchyard
Contract Gardener
R&M and other costs
9(e) Training & support costs
Hire of school
Children's holiday club
Children's work
Church event expenses
Parish support and mission
9(f)
Youth Centre costs
Insurance
Utility charges
Repairs & maintenance
Other costs
9(g) Playgroup costs
Salaries
Running costs
Equipment & consumables
Donations		 2022
£
1,832
594
26,643
20,112
12,241
731
62,154
2,175
410
3,070
5,655
11,923
11,923
4,761
2,316
7,077
5,401
404
2,196
944
2,437
11,382
1,524
2,431
11,248
88
15,292
70,753
6,350
1,521
195
78,819		 2021
£
1,512
623
15,161
9,868
16,697
759
44,620
2,090
533
3,206
5,829
20,196
20,196
5,262
268
5,530
1,925
72
1,048
-
2,150
5,195
1,465
3,785
10,415
537
16,201
61,848
4,940
1,389
195
68,371

Page 21

ALL SAINTS LALEHAM PAROCHIAL CHURCH COUNCIL

NOTES TO THE ACCOUNTS

YEAR ENDED 31 DECEMBER 2022

10 Analysis of staff costs, the cost of key management personnel and trustee remuneration and expenses

Gross wages and salaries
Pension costs		 Church
Playgroup
2022
£
£
£
36,994
70,719
107,713
2,988
34
3,022
39,982
70,753
110,735		 Church
Playgroup
2021
£
£
£
40,800
61,848
102,648
3,382
3,382
44,182
61,848
106,030

The average monthly number of church employees during the year was 3 (2021: 3). The average monthly number of playgroup employees during the year was 16 (2021: 12). Most of the charity's activities are carried out by volunteers.

No staff received salaries at a rate of more than £60,000 per annum.

The charity's key management comprise the members of the PCC and the key staff named in the Trustees Annual Report. Total employment benefits payable to key management for the year were as follows:

Other
Employer
Wages &
employment
pension
salaries
benefits
contributions
Key management connected to members of the PCC
Mary Hunt, church administrator, spouse of trustee
13,273
66
531
Wendy Williams, playgroup, spouse of trustee
1,369
-
-
Tori Biutanaseva, Families Minister, member of PCC
10,812
54
432
Other members of key management
13,273
66
531		 2022
£
13,870
1,369
11,298
13,870
40,407

In addition, a total of £942 redundancy payment was made to a member of the key management during the year.

The following amounts were payable in the previous year:

following amounts were payable in the previous year:
Other
Employer
Wages &
employment
pension
salaries
benefits
contributions
Key management connected to members of the PCC
Mary Hunt, church administrator, spouse of trustee
13,026
65
521
Wendy Williams, playgroup, spouse of trustee
4,608
-
-
Tori Biutanaseva, Families Minister
15,978
80
639
Other members of key management
13,276
66
531		 2021
£
13,612
4,608
16,697
13,873
48,790

Andrew Saville, clergy member of the PCC, and Jonathan Lawes, Curate in Training and member of the PCC, receive a stipend from the Diocese and so are not employees; some of the Parish Share paid to the Diocese is used to help meet the cost of these stipends. Andrew and Jonathan are provided with accommodation (which is customary for clergy) and the cost of this accommodation to the PCC is disclosed in note 8 'Charitable Expenditure'. The charity also reimbursed expenses to Andrew and Jonathan, again these costs are disclosed in note 8 'Charitable Expenditure' under the heading 'Clergy expenses'. In addition, the PCC contributed £20,112 (2021: £9,868) towards the diocesan costs of employing and training Jonathan.

No other member of the PCC received employment benefits in either the current or preceding year.

11 Investments:

stments:
CBF Church of England
460 Investment Fund Income Units
COIF Charities
260 Investment Fund Units
Opening Market Value
Net Gain(Loss) in the year on revaluation
Closing Market Value		 # Units
460
260
720		 2022
Value
£
9,497
4,719
14,216
16,097
(1,881)
14,216		 2021
Value
£
10,758
5,340
16,097
14,079
2,019
16,097

Page 22

ALL SAINTS LALEHAM PAROCHIAL CHURCH COUNCIL

NOTES TO THE ACCOUNTS

YEAR ENDED 31 DECEMBER 2022

12 Stock

Books purchased for re-sale, at cost
ors
Income Tax Recoverable - Church
Other Debtors
Prepayments
at Bank and in Hand
Church
Santander
CAF Bank
Cash in hand
Playgroup
Santander
Cash
Building Society
CBF Church of England Deposit
itors: liabilities falling due within one year
Creditors and Accruals
Deferred income (Playgroup Grants)		 2022
£
30
30
2022
£
2,679
2,008
4,374
9,061
2022
£
50,399
19,098
-
16,707
37
22,427
108,668
51,887
160,555
2022
£
5,847
5,000
10,847		 2021
£
30
30
2021
£
2,381
2,329
3,976
8,686
2021
£
50,015
45,383
-
12,014
112
22,415
129,940
51,213
181,153
2021
£
8,769
-
8,769

13 Debtors

14 Cash at Bank and in Hand

15 Creditors: liabilities falling due within one year

16 Pension commitments

The Church Workers Pension Fund (CWPF)

The charity participates in the Pension Builder Scheme section of CWPF for lay staff. CWPF is administered by the Church of England Pensions Board, which holds the CWPF assets separately from those of the Employer and other participating employers.

CWPF has two sections:

  1. the Defined Benefits Scheme

  2. the Pension Builder Scheme, which has two subsections;

a. a deferred annuity section known as Pension Builder Classic, and,

b. a cash balance section known as Pension Builder 2014.

Pension Builder Scheme

Both sections of the Pension Builder Scheme are classed as defined benefit schemes.

Pension Builder Classic provides a pension, accumulated from contributions paid and converted into a deferred annuity during employment based on terms set and reviewed by the Church of England Pensions Board from time to time. Discretionary increases may also be added, depending on investment returns and other factors.

Pension Builder 2014 is a cash balance scheme that provides a lump sum which members use to provide benefits at retirement. Pension contributions are recorded in an account for each member. Discretionary bonuses may be added before retirement, depending on investment returns and other factors. The account, plus any bonuses declared is payable, unreduced, from age 65.

There is no sub-division of assets between employers in each section of the Pension Builder Scheme. The scheme is considered to be a multi-employer scheme as described in Section 28 of FRS 102. This is because it is not possible to attribute the Pension Builder Scheme’s assets and liabilities to specific employers and means that contributions are accounted for as if the Scheme were a defined contribution scheme. The pensions costs charged to the SoFA in the year are the contributions payable (2022 : £3,022, 2021 : £3,382).

A valuation of the Pension Builder Scheme is carried out once every three years. The most recent valuation was carried out as at 31 December 2019. The next valuation is due as at 31 December 2022.

For the Pension Builder Classic section, the valuation revealed a deficit of £4.8m on the ongoing assumptions used. At the most recent annual review, the Board chose to grant a discretionary bonus of 10.1% following improvements in the funding position over 2022. There is no requirement for deficit payments at the current time.

Page 23

ALL SAINTS LALEHAM PAROCHIAL CHURCH COUNCIL

NOTES TO THE ACCOUNTS

YEAR ENDED 31 DECEMBER 2022

For the Pension Builder 2014 section, the valuation revealed a surplus of £5.5m on the ongoing assumptions used. There is no requirement for deficit payments at the current time. The legal structure of the scheme is such that if another employer fails, the PCC could become responsible for paying a share of the failed employer’s pension liabilities.

17 Funds

During the year the movements in the charity's funds were as follows:

Designated Funds
Playgroup
Legacy - Property Improvement
Legacy - Support Staff
Legacy - Curate reserve
Legacies & Memorial Gifts
School Hall Projector and Screen
General Unrestricted Funds
Total Unrestricted Funds
Restricted Funds
Mission
Bursary Fund
Curate Fund
Churchyard
Parent & Toddlers
Endowment Funds
Alfred Want churchyard fund
Aggregate of funds		 Opening
balance
2022
£
34,542
29,463
9,562
25,000
98,567
54,306
152,873
-
2,810
35,667
137
369
38,984
5,340
197,197		 Incoming
resources
2022
£
84,090
3,862
-
-
1,200
1,250
90,402
174,400
264,802
2,250
-
39,350
141
426
42,167
-
306,968		 Outgoing
resources
2022
£
(78,821)
(9,384)
(9,562)
-
-
-
(97,767)
(181,058)
(278,825)
(2,250)
(344)
(47,392)
(137)
(321)
(50,444)
-
(329,269)		 Transfers
in the year
2022
£
(5,640)
(5,640)
3,740
(1,900)
-
1,900
1,900
-		 Gains and
losses
2022
£
-
-
-
-
-
(1,260)
(1,260)
-
-
-
-
-
-
(621)
(1,881)		 Closing
balance
2022
£
34,172
23,941
(0)
25,000
1,200
1,250
85,562
50,128
135,690
-
2,466
29,525
141
474
32,606
4,719
173,014

The transfers referred to above were made for the following reasons:

a) The transfer from the designated Playgroup fund to General funds represents contribution to the running costs of the Youth Centre for the year.

b) The transfer from the General fund to Restricted fund of £1,900 represents deposit that was paid for the rental of the curate's house, which should be part of Restricted funds rather than General fund.

Page 24

ALL SAINTS LALEHAM PAROCHIAL CHURCH COUNCIL

NOTES TO THE ACCOUNTS

YEAR ENDED 31 DECEMBER 2022

Analysis of net assets by fund

The assets and liabilities of the various funds were as follows:

Unrestricted Funds Unrestricted Funds
General Designated Restricted Endowment
funds funds funds funds 2022
£ £ £ £ £
Fixed asset investments 9,497 - - 4,719 14,216
Stock 30 - - - 30
Debtors 7,161 - 1,900 - 9,061
Cash at bank and in hand 44,287 85,562 30,706 - 160,555
Creditors falling due within one year (5,847) (5,000) - - (10,847)
55,128 80,562 32,606 4,719 173,015
In the previous year the movements in the charity's funds were as follows:
Opening Incoming Outgoing Transfers Gains and Closing
balance resources resources in the year losses balance
2021 2021 2021 2021 2021 2021
£ £ £ £ £ £
Designated Funds
Playgroup 34,385 73,378 (68,371) (4,850) 34,542
Legacy - Property Improvement 16,891 27,000 (16,427) 2,000 29,463
Legacy - Support Staff 42,933 (8,371) (25,000) 9,562
Legacy - Curate Reserve - 25,000 25,000
94,209 100,378 (93,169) (2,850) - 98,567
General Unrestricted Funds 62,373 165,951 (178,097) 2,726 1,353 54,306
Total Unrestricted Funds 156,582 266,329 (271,266) (124) 1,353 152,873
Restricted Funds
Mission (24) 2,850 (2,850) 24 - -
Bursary Fund 2,810 - - - - 2,810
Curate Fund 15,600 47,031 (26,964) - - 35,667
Churchyard 4,726 137 - (4,726) - 137
Parent & Toddlers - 317 (100) 152 - 369
23,113 50,336 (29,915) (4,550) - 38,984
Endowment Funds
Alfred Want churchyard fund - - - 4,674 666 5,340
Aggregate of funds 179,695 316,665 (301,181) - 2,019 197,197

Analysis of net assets by fund

In the previous year, the assets and liabilities of the various funds were as follows:

Fixed asset investments
Stock
Debtors
Cash at bank and in hand
Creditors falling due within one year		 General
Designated
funds
funds
£
£
10,758
30
8,597
43,689
98,567
(8,769)
54,306
98,567
Unrestricted Funds		 Restricted
funds
£
88
38,896
38,984		 Endowment
funds
£
5340
5,340		 2021
£
16,097
30
8,686
181,153
(8,769)
General
funds
£
10,758
30
8,597
43,689
(8,769)
54,306
197,197

Page 25

ALL SAINTS LALEHAM PAROCHIAL CHURCH COUNCIL

NOTES TO THE ACCOUNTS

YEAR ENDED 31 DECEMBER 2022

Designated Funds

The Playgroup Fund represents the income and expenditure for the Laleham Church Playgroup

The Legacy - Property Improvement Fund represents unrestricted legacy income which the PCC has designated for use on property maintenance & improvements

The Legacy - Support Staff Fund represents unrestricted legacy income which the PCC has designated for costs associated with staff employment

The Legacy - Curate reserve Fund represents unrestricted legacy income which the PCC has designated for costs associated with having a Curate.

Legacies and Memorial Gifts fund represents unrestricted income which the PCC has designated for future use for something that will be lasting and relevant to the interests of a person who died.

The School Hall Projector and Screen Fund represents unrestricted income which the PCC has designated for costs associated with the school hall projector and screen.

Restricted Funds

The Mission Fund represents donations received for mission partners

The Building Appeal Fund represents income received for specific building projects.

The Bursary Fund represents the income received to enable children to attend Christian events, camps and holidays.

The Curate Fund represents income received to contribute towards the costs associated with having a Curate.

The Parent & Toddlers fund represents the income received to pay the expenses of the Parent & Toddler group and its child sponsorship through Compassion UK.

The Churchyard Permanent Endowment Fund represents the investment made by the charity of Alfred Want for the purpose of maintaining the grave and gravestone of John Thornton and the lychgate erected in his memory

18 Transactions with related parties

During the year the charity:

During the year the charity received donations totalling £52,950 (2021: £57,370) from related parties (which includes members of the PCC, any other members of key management and anyone closely connected to them).

During the year the charity also made the following payments to, or for, related parties:

Page 26