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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF TEAM PARISH MORDEN SURREY (“MORDEN PARISH”) ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2022

FLB Accountants LLP Chartered Accountants Global House 1 Ashley Avenue Epsom Surrey KT18 5FL

Page 1

MORDEN PARISH

ANNUAL REPORT

FOR THE YEAR ENDED 31ST DECEMBER 2022

The trustees present their report and the financial statements for the year ended 31[st] December 2022. The trustees have adopted the provisions of the Statement of Recommended Practice (SORP) “Accounting and Reporting by Charities” in preparing the annual report and financial statements of the charity.

REFERENCE AND ADMINISTRATIVE DETAILS

REGISTERED CHARITY NO. 1135317

The Parish of Morden comprises four separate Churches - Emmanuel, St. George, St. Lawrence and St. Martin. The Parish is managed by a Parochial Church Council (PCC). Each individual Church is looked after by a District Church Council (DCC). The Parish falls within the Deanery of Merton, the Archdeaconry of Lambeth and Diocese of Southwark.

The registered office address for the charity is 27 Selwood Road, Sutton, SM3 9JU.

Emmanuel St George St. Lawrence St. Martin

Rev. David Ruddick (Team Vicar) Rev. Alan Wenham (Team Vicar) Rev. David Heath-Whyte (Team Rector) Rev. Mark Davey (Team Vicar)

Parish Wardens Charles Jeffery Michael Towse

Elected to Deanery Synod Clare Heath-Whyte Maurice Gilley Charles Jeffery Sharon Jeffery Derek Jordan Christopher Scoffield Elizabeth Scoffield Margaret Taylor Trevor Taylor Michael Towse Simon Wakely

PCC Secretary Jean Dowdeswell

Honorary Curates Precious Omuku

Elected Members (continued) Pauline Botting Kenneth Brown Jean Dowdeswell Catherine Edwards Maurice Gilley Clare Heath-Whyte Charles Jeffery Sharon Jeffery Derek Jordan John Mosely Jane Pearson Christopher Scoffield Elizabeth Scoffield Margaret Taylor Trevor Taylor Michael Towse Simon Wakely Adeline Wenham (resigned 22.05.2022) Susan White Alunda Young

Elected Members (Trustees of the charity) Adeoye Adebayo Jason Armstrong Graham Belcher Brian Birch (resigned 22.05.2022)

Page 2

MORDEN PARISH

ANNUAL REPORT FOR THE YEAR ENDED 31ST DECEMBER 2022

(continued)

STRUCTURE, GOVERNANCE AND MANAGEMENT

The Parish derives its governance from the Diocese of Southwark and is part of the Church of England. As with all other parishes in England, the Parish is now required to obtain independent registration with the Charity Commission. The Parish was formally registered on 30th March 2010.

Members of the PCC are either ex officio or elected by the Annual Parochial Church Council Meeting in accordance with the Church Representation Rules and the formal Diocesan arrangement for the governance of the Parish.

There is no formal induction process for new members of the PCC. They are provided support and assistance by their Team Vicar and other Church PCC members.

OBJECTS AND ACTIVITIES

The Parish has the following objectives:

to provide regular public worship which is open to all;
to provide Pastoral visiting and counselling;
to provide teaching of Christianity by means of sermons, courses and groups;
to provide Christian youth work and school assemblies;
to promote Christianity through events, meetings and literature distribution;
to promote Church mission work, e.g. senior citizens, carers and toddler groups; and
to supporting charities in the United Kingdom and overseas

ACHIEVEMENTS AND PERFORMANCE

In 2022 the four team churches made a cautious return to normality, following two years when it was not always possible to hold services in person because of COVID-19, and considerable care was needed when we did meet. Despite the return to meeting in person, the practice of live-streaming the services has continued. The church halls also returned to normal use during 2022, with a mix of regular and occasional hirers.

In the summer of 2022 Jacob Stevens finished his time as parish trainee based at St Lawrence. Following his departure, Shirley-Anna Whyte joined as parish trainee based at St Martin’s.

Parish clergy visited local schools and several congregation members are school governors.

Page 3

MORDEN PARISH

ANNUAL REPORT FOR THE YEAR ENDED 31ST DECEMBER 2022

(continued)

FINANCIAL REVIEW

There were no legacies received during 2022 but income from other sources, including hall hirings, and both regular and occasional giving by church members, was mostly up in 2022 compared with 2021. The trend away from giving cash through weekly envelopes continued in 2022. Overall income increased by 8% compared with non-legacy income in 2021.

Overall parish expenditure remained relatively low during 2022. The main exceptional costs incurred during the year included the replacement of windows and heaters at St George’s, and repairs to the clock and west gable at St Lawrence. St Lawrence also had a weekend away in 2022.

The total value of the endowment funds decreased by £22,126 or 10%.

Overall fund balances, excluding properties (which are treated as fixed assets) and endowments, decreased by a little over 1%.

SAFEGUARDING

The Parish of Morden appoints a Parish Safeguarding Officer. Each of the individual churches appoint their own Safeguarding Officers who ensure that Disclosure and Barring checks are updated and that regular training is undertaken by those in their congregations. The Parish complies with the requirements of the Diocese and Charity Commission, including the recent requirements relating to the reporting of serious incidents. The members of the PCC pay due regard to the House of Bishops' advice and guidance on safeguarding.

PUBLIC BENEFIT REQUIREMENT

The Parochial Church Council have complied with the duty in the Charities Act 2011 to have regard to guidance published by the Charity Commission concerning the public benefit requirement

APPROVAL

The Annual Report was approved by the trustees on …………………… signed on its behalf by:-

C. Jeffery

M. Towse

Page 4

INDEPENDENT EXAMINER'S REPORT

TO TRUSTEES OF THE PAROCHIAL CHURCH COUNCIL OF

MORDEN PARISH

I report on the charity trustees on my examination of the accounts of the charity for the year ended 31[st] December 2022 which are set out on pages 5 to 15.

Responsibilities and basis of report

As the charity’s trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011.

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 Act. I confirm that I am qualified to undertake the examination because I am a member of the Association of Chartered Certified Accountants, 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:

accounting records were not kept in respect of the charity as required by section 130 of the Act.

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.

Daniel Faust FCCA FLB Accountants LLP Chartered Accountants & Registered Auditors Global House 1 Ashley Avenue Epsom Surrey KT18 5FL

Date: …………………………

Page 5

MORDEN PARISH

STATEMENT OF FINANCIAL ACTIVITIES

FOR THE YEAR ENDED 31ST DECEMBER 2022

Notes INCOME AND ENDOWMENTS Donations and legacies Incoming resources from donors 2 Other voluntary incoming resources 2 Charitable Activities Activities in furtherance of the councils objects 2 Investments Income from investments 2 Other Activities Activities for generating funds 2 Other Receipts Insurance claims TOTAL INCOME EXPENDITURE Charitable Activities Costs of generating funds 3 Grants 3 Activities relating to the work of the Church 3 Support costs 3 Governance costs 3 TOTAL EXPENDITURE NET INCOME (EXPENDITURE) FOR THE YEAR Gains (Losses) on Investment Assets Transfers between Funds NET MOVEMENT IN FUNDS Fund balances brought forward FUND BALANCES CARRIED FORWARD	General Restricted Endowment Funds Funds Funds £ £ £ 249,323 11,319 - 53,177 1,307 - 302,500 12,626 - 43,240 40 - 49,293 - 5,466 2,737 1,577 - 350 - - 398,122 14,243 5,466 219 - - 460 38,252 - 334,433 20,102 - 22,277 - - 4,680 - - 362,069 58,354 - 362,069 58,354 - 39,193 (44,111) 5,466 - - (24,450) (37,107) 40,249 (3,142) (1,056) (3,862) (22,126) 2,539,701 35,098 207,221 2,538,647 31,236 185,095 ======= ====== ======	TOTAL 2022 £ 260,642 54,484 315,126 43,280 54,759 4,314 350 417,829 219 38,714 354,535 22,277 4,680 420,425 420,425 (2,596) (24,450) - (27,046) 2,782,020 2,754,978 =======	TOTAL 2021 £ 258,790 191,284 450,074 28,056 61,099 9,424 - 548,653 - 38,131 344,340 18,427 4,680 405,578 405,578 143,074 25,763 - 168,837 2,613,183
			2,782,020 =======

The notes on pages 7 to 15 form part of these financial statements.

Page 6

MORDEN PARISH

STATEMENT OF FINANCIAL POSITION

31ST DECEMBER 2022

Restricted Funds (see note 9) ( £ - - 1,240 28,674 29,914 (1,322) 31,236 31,236 ====== 31,236 ======	TOTAL 2021 £ 2,206,580	TOTAL 2021 £ 2,206,580

	207,521 55,642 320,294 583,457 8,017 575,440 2,782,020 ======= 2,782,020 =======	207,521 55,642 320,294 583,457 8,017 575,440
= =

The financial statements were approved by the trustees on …………………… and signed on its behalf by:-

C. Jeffery M. Towse

The notes on pages 7 to 15 form part of these financial statements.

Page 7

MORDEN PARISH

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2022

1. ACCOUNTING POLICIES

Accounting basis

The Parochial Church Council of the Ecclesiastical Parish of Team Parish Morden Surrey is a charity in England / Wales. The address of the registered office is given in the charity information on page 1 of these financial statements. The nature of the charity’s operations and principal activities are promoting in the ecclesiastical parish the whole mission of the Church.

The charity constitutes a public benefit entity as defined by FRS 102. The financial statements have been prepared in accordance with 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 issued in October 2019, the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102), the Charities Act 2011, the Companies Act 2006 and UK Generally Accepted Accounting Practice.

The financial statements have been prepared to give a ‘true and fair’ view and have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a ‘true and fair view’. This departure has involved following the 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 issued in October 2019 rather than the Accounting and Reporting by Charities: Statement of Recommended Practice effective from 1 April 2005 which has since been withdrawn.

The financial statements are prepared on a going concern basis under the historical cost convention, modified to include certain items at fair value. The financial statements are presented in sterling which is the functional currency of the charity and rounded to the nearest £1.

The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires the members of the PCC to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Funds

Unrestricted funds represent the funds of the PCC that are not subject to any restrictions regarding their use.

Designated funds represent funds designated by the PCC for a specific purpose. Such funds are still unrestricted and may be re-designated by the PCC.

Restricted funds are funds which are to be used in accordance with specific restrictions imposed by the donor.

Endowment funds have similar restrictions with the additional proviso that only the income can be spent without permission from the original donor or the Charity Commission.

Page 8

MORDEN PARISH

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2022

(continued)

Income recognition

Collections and stewardship giving are recognised when received by or on behalf of the PCC.

Legacies 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.

Income tax recoverable on covenants or gift aid donations is recognised when the related income is recognised.

Rental income from the letting of Church premises is recognised when the rental is due.

The Churches are greatly assisted by voluntary help and donations in kind. These are not reflected in the financial statements as they are not capable of accurate financial measurement.

Expenditure recognition

Resources expended are recognised in the period in which they are incurred. Resources expended include VAT which cannot be recovered.

Grants are made by individual DCCs and are recognised when the grant is approved.

Fixed Assets

Consecrated and benefice property is excluded from the financial statements by section 10 of the Charities Act 2011.

Movable Church furniture held by the Vicar and Churchwardens on special trust for the PCC and which require a faculty for disposal are accounted as inalienable property and are listed in the inventories of the Churches.

All expenditure incurred during the year on consecrated or benefice buildings and movable Church furnishings, whether maintenance or improvement, is written off as expenditure in the Statement of Financial Activities.

Freehold Land and Buildings have been included at market value upon incorporation of FRS102. It has not been possible to obtain historic costs for certain properties due to the historic nature of their acquisition.

The members of the PCC are currently considering a suitable method of depreciation of these assets.

Page 9

MORDEN PARISH

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST DECEMBER 2022 (continued)

2. INCOME

Unrestricted Restricted Endowment Funds Funds Funds £ £ £ Income from donors Gift Aid - Bank 165,623 5,157 - Gift Aid – Envelopes 6,670 - - Tax recoverable on Gift Aid 47,532 - - Other planned giving 17,576 6,157 - Loose plate collections 10,338 5 - Giving through church boxes - - - Regular gift days 1,584 - - 249,323 11,319 - Other voluntary income Legacies - - - Donations, appeals, etc. 31,806 465 - One-off gifts 13,559 842 - Recurring grants 3,243 - - One off grants 4,569 - - 53,177 1,307 - Activities in furtherance of the councils objects Fees to PCC 2,019 - - Income from church hall 23,092 - - Bookstall sales 820 40 - Rent: Church/LDF building use 17,309 - - 43,240 40 - Income from investments Dividends - - 5,466 Rent: PCC land/buildings 47,611 - - Bank interest 8 - - CCLA Interest 1,674 - - 49,293 - 5,466 Fundraising activities Rummage sales - 1,577 - Bookstall sales -fund raising 60 - - Other funds generated 2,677 - - 2,737 1,577 - Other Receipts Insurance claims 350 - -	Total Funds 2022 2021 £ £ 170,780 170,004 6,670 12,586 47,532 41,645 23,733 23,170 10,343 8,332 - 597 1,584 2,455 260,642 258,789 - 162,782 32,271 22,782 14,401 2,540 3,243 2,960 4,569 220 54,484 191,284 2,019 1,668 23,092 14,516 860 82 17,309 11,790 43,280 28,056 5,466 5,231 47,611 55,833 8 - 1,674 34 54,759 61,098 1,577 - 60 20 2,677 9,404 4,314 9,424 350 -	Total Funds 2022 2021 £ £ 170,780 170,004 6,670 12,586 47,532 41,645 23,733 23,170 10,343 8,332 - 597 1,584 2,455 260,642 258,789 - 162,782 32,271 22,782 14,401 2,540 3,243 2,960 4,569 220 54,484 191,284 2,019 1,668 23,092 14,516 860 82 17,309 11,790 43,280 28,056 5,466 5,231 47,611 55,833 8 - 1,674 34 54,759 61,098 1,577 - 60 20 2,677 9,404 4,314 9,424 350 -

Page 10

MORDEN PARISH

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2022 (continued)

3. RESOURCES EXPENDED (continued)

Unrestricted
Restricted
Funds
Funds
£
£
Grants
CMS (including SAMS)
-
6,500
TEAR fund
-
2,711
Overseas mission societies
-
4,240
Release International
-
2,584
Crosslinks
-
4,320
AIM
-
5,466
Christian Agencies
-
4,600
Home mission
460
1,985
LCM (Merton Schools)
-
2,300
SSCWT
-
1,105
Sundry grants under £1,000
-
2,441
460
38,252
Activities relating to the work of the Church
Off Common Fund clergy posts
20,084
-
Ministry Parish share etc.
168,130
-
Stipend contribution
-
-
Working expenses of incumbents
2,456
-
Visiting Speakers
40
-
Church running costs – utilities
9,353
-
Church running costs – cleaning
2,076
-
Church maintenance
26,453
7,118
Church insurance
8,328
-
Organ/piano tuning
-
-
Upkeep of services
7,936
-
Upkeep of churchyard
2,389
-
Magazine and bookstall expense
450
39
Parish training and mission
7,811
6,295
Education
1,170
390
Parsonage house expenses
3,341
-
Assistant staff costs
6,896
-
Miscellaneous expenses
-
-
Other PCC property upkeep
15,685
-
Hall running costs - utilities
6,463
-
Hall running costs - cleaning
4,363
-
Hall running costs - repairs
7,243
-
Hall running costs - insurance
63
-
Salaries (except administrator)
11,232
-
Major repairs/installations - church hall
8,460
-
Major repairs/installations - church
14,011
6,260
334,433
20,102

Total Funds
2022
2021
£
£
6,500
6,328
2,711
994
4,240
5,967
2,584
956
4,320
5,616
5,466
6,724
4,600
3,600
2,445
2,947
2,300
2,414
1,105
915
2,441
1,670
38,712
38,131
20,084 -
168,130
166,464
-
20,033
2,456
2,300
40
-
9,353
9,208
2,076
126
33,571
17,291
8,328
8,105
-
958
7,936
10,927
2,389
3,430
489
307
14,106
4,706
1,560
1,557
3,341
4,628
6,896
5,989
-
274
15,685
26,612
6,463
5,043
4,363
3,431
7,243
8,831
63
2,512
11,232
4,285
8,460
5,400
20,271
31,923
354,535
344,340

Page 11

MORDEN PARISH

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2022 (continued)

3. RESOURCES EXPENDED (continued)

		Unrestricted	Unrestricted	Restricted		Total	Funds
		Funds		Funds	2022		2021
		£		£		£	£
	Support costs
	Administration	4,323		-		4,323	4,161
	Administrators' salaries	17,954		-	17,954		14,266
		22,277		-	22,277		18,427
	Governance costs
	Accountancy fees	4,680		-		4,680	4,680
	Costs of generating funds
	Cost of fetes & other events		219	-		219	-
4.	FIXED ASSETS
	Freehold Land and Buildings
							£
	Valuation
	As at 1.1.2022 and 31.12.2022						2,206,580
							=======
	Net Book Value
	As at 1.1.2022 and 31.12.2022						2,206,580
							=======
	The Freehold Land and Buildings comprise
					Original		Revalued
					Cost		Cost
					£		£
	Emmanuel Church Hall & Annex				15,709		115,000
	140 Stonecot Hill (being 69.56% of the property)				32,000		313,020
	49 Camborne Road (being 62.26% of the property)				94,950		373,560
	23 Cedars Road				42,877		450,000
	Parish Hall Complex (now split into 4	distinct properties)			41,010		-
	Parish Hall				-		105,000
	Parish Hall Bungalow				-		300,000
	Hall Cottage				-		200,000
	Old School House				-		350,000
					226,546		2,206,580
				======			=======

The original historic costs have been obtained from Parish records of which some date back over 70 years. The properties at 140 Stonecot Hill and 49 Camborne Road were purchased with the assistance of the Diocese who own the balance of the share in the property, ownership percentage being based on contribution towards cost by each party.

Page 12

MORDEN PARISH

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST DECEMBER 2022 (continued)

CURRENT ASSET INVESTMENTS
	2022	2021
	£	£
Held with CCLA Investment Management Limited	185,095	207,521
	======	======

Funds are invested through the Church of England Central Board of Finance. Units held are shown at closing value at the year end.

DEBTORS
	2022	2021
	£	£
Sundry debtors and prepayments	40,657	55,642
	=====	=====

7. CREDITORS: amounts falling due within one year 2022 £ Sundry creditors and accruals 11,241 ===== =	2021 £ 8,017 ====

Page 13

MORDEN PARISH

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2022 (continued)

8. GENERAL (UNRESTRICTED) FUNDS

Balance
Incoming
Resources
1.1.2022
Resources
Expended Transfers
£
£
£
£
The Designated Funds comprise:-
Fixed Asset Fund
2,206,580
-
-
-
Emmanuel
- General Fund
156,451
90,807
(14,547)
(86,608)
- Discretionary Fund
200
-
-
-
- Church Hall Fund
2,133
10,053
(7,543)
(3,487)
- Mums and Toddlers Fund
404
-
(59)
-
St. George
- General Fund
70,606
42,060
(35,698)
(33,284)
St. Lawrence
- General Fund
16,862
96,580
(23,227)
(74,183)
- 25K Donation
58,155
-
-
(7,000)
St. Martin
- General Fund
134
80,444
(8,461)
(71,498)
- Youth Work
2,280
-
(175)
-
- Bernard Towse Memorial Fund
989
-
(11)
-
- Sick & Needy Fund
308
-
-
-
- Flats Fund
-
7,800
(2,335)
-
- Buildings Projects Fund
-
23,820
-
-
Parish Fund
- General Fund
(215)
2,062
(239,806)
237,959
- Emmanuel cleaner
-
-
(1,961)
1,961
- St Lawrence cleaner
-
-
(1,506)
1,506
- St Martin’s cleaner
-
-
(240)
240
- Church Hall Fund
-
4,694
(8,649)
3,955
- St. George’s worker
-
-
(10,332)
10,332
- Property Fund
24,816
39,801
(7,517)
(17,001)
2,539,701
398,122
(362,069)
(37,107)
=======
======
======
======

Balance
31.12.2022
£
2,206,580
146,101
200
1,156
345
43,684
16,032
51,155
619
2,105
978
308
5,465
23,820
-
-
-
-
-
-
40,099
2,538,647
=======

Page 14

MORDEN PARISH

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST DECEMBER 2022 (continued)

9. RESTRICTED FUNDS

	Balance	Balance	Incoming	Resources		Balance
	1.1.2022		Resources	Expended	Transfers	31.12.2022
	£		£	£	£	£
The Restricted Funds comprise:-
Emmanuel
- Missionary Fund		-	35	(10,643)	21,782	11,174
- Bible Notes Fund		322	40	(39)	-	323
- Junior Church Fund		75	-	(390)	425	110
St. George
- Missionary Fund		-	-	(2,172)	2,172	-
- Church Hall Fund	4,000		-	-	-	4,000
- Outreach Worker Fund		-	1,744	-	770	2,514
St. Lawrence
- Missionary Fund		732	958	(12,020)	10,330	-
- Weekend away		949	5,408	(6,295)	-	62
- Ivy Morris Fund	26,168		-	(13,378)	-	12,790
- Giftday Donations Fund		-	-	-	-	-
St. Martin
- Missionary Fund	2,852		6,058	(11,257)	2,607	260
Parish Fund
- Missionary Fund		-	-	(2,160)	2,163	3
	35,098		14,243	(58,354)	40,249	31,236
	======		=====	======	=====	=====

Page 15

MORDEN PARISH

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2022 (continued)

10. ENDOWMENT FUNDS

	Balance	Incoming	Investment		Balance
	1.1.2022	Resources	Gains	Transfers	31.12.2022
	£	£	£	£	£
The Endowment Funds	comprise:-
St. Lawrence
- Pylbrook Charity	183,938	4,852	(21,743)	(2,528)	164,519
- Urquhart Bequest	4,895	129	(569)	(129)	4,326
- Peers Bequest	17,359	458	(2,018)	(458)	15,341
St. Martin
- Froude Bequest	1,029	27	(120)	(27)	909
	207,221	5,466	(24,450)	(3,142)	185,095
	======	====	=====	=====	======

2022-12-31-accounts

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF TEAM PARISH MORDEN SURREY (“MORDEN PARISH”) ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2022

ANNUAL REPORT

FOR THE YEAR ENDED 31ST DECEMBER 2022

REFERENCE AND ADMINISTRATIVE DETAILS

ANNUAL REPORT FOR THE YEAR ENDED 31ST DECEMBER 2022

(continued)

STRUCTURE, GOVERNANCE AND MANAGEMENT

OBJECTS AND ACTIVITIES

ACHIEVEMENTS AND PERFORMANCE

MORDEN PARISH

ANNUAL REPORT FOR THE YEAR ENDED 31ST DECEMBER 2022

(continued)

FINANCIAL REVIEW

SAFEGUARDING

PUBLIC BENEFIT REQUIREMENT

APPROVAL

TO TRUSTEES OF THE PAROCHIAL CHURCH COUNCIL OF

MORDEN PARISH

Responsibilities and basis of report

Independent examiner's statement

MORDEN PARISH

STATEMENT OF FINANCIAL ACTIVITIES

FOR THE YEAR ENDED 31ST DECEMBER 2022

MORDEN PARISH

STATEMENT OF FINANCIAL POSITION

31ST DECEMBER 2022

1. ACCOUNTING POLICIES

Accounting basis

Judgements and key sources of estimation uncertainty

Funds

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2022

(continued)

Income recognition

Expenditure recognition

Fixed Assets

MORDEN PARISH

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST DECEMBER 2022 (continued)

2. INCOME

MORDEN PARISH

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2022 (continued)

3. RESOURCES EXPENDED (continued)

MORDEN PARISH

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2022 (continued)

3. RESOURCES EXPENDED (continued)

MORDEN PARISH

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST DECEMBER 2022 (continued)

MORDEN PARISH

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2022 (continued)

8. GENERAL (UNRESTRICTED) FUNDS

MORDEN PARISH

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST DECEMBER 2022 (continued)

9. RESTRICTED FUNDS

MORDEN PARISH

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2022 (continued)

10. ENDOWMENT FUNDS