## **FINANCIAL STATEMENTS** 

The Parochial Church Council of the Ecclesiastical Parish of Bishops Cleeve For the year ended 31 December 2022 

Prepared by ADM Accountancy Services Limited 



## **Contents** 

- **3** Independent Examiners Report 

- **4** Statement of Financial Activities 

- **6** Balance Sheet 

- **7** Notes to the Financial Statements 

- **10** Children and Families Fund 

- **11** Fabric and Development Fund 

- **12** Rope Close Fund 

- **13** Churchyard Fund 

- **14** Organ Fund 

- **15** General Fund 

- **16** Southam Church - General Fund 

- **17** Southam Church - Fabric Fund 

The Parochial Church Council of the Ecclesiastical Parish of Bishops Cleeve Page 2 of 17 

FINANCIAL STATEMENTS 



## **Independent Examiners Report** 

## **The Parochial Church Council of the Ecclesiastical Parish of Bishops Cleeve For the year ended 31 December 2022** 

We report on the accounts of the charity for the year ended 31 December 2022. 

## **Respective responsibilities of trustees and examiner** 

- The trustees are responsible for the preparation of the accounts. The trustees consider that an audit is not required for this year. `it is our responsibility to carry out procedures designed to enable us to report our opinion. 

## **Basis of opinion** 

- Our work was conducted in accordance with the Statement of Standards for Reporting Accountants, and so our procedures consisted of comparing the accounts with the accounting records kept by the company, and making such limited enquiries of the officers of the company as we considered necessary for the purposes of the report. These procedures provide only the assurance expressed in our opinion. 

## **Opinion** 

- In our opinion: 

The accounts, including the revenue account and balance sheet, are in agreement with the accounting records kept by the society under s75 of the Co- operative and Community Benefit Societies Act 2014; 

- Having regard only to, and on the basis of, the information contained in those accounting records, the revenue account and balance sheet comply with the requirements of the Co-operative and Community Benefit Societies Act 2014; and 

- For the preceding period of account, the financial criteria for the exercise of the power conferred by section 84 were met in relation to the year. 

Signature. . . . . . . . . . . . . . . . . . . . . . . . . . . 

Andrew Moss 

ADM Accountancy Services Ltd 

10 Homelands Commercial Centre 

Bishops Cleeve 

Cheltenham 

Date: 16th May 2023 

The Parochial Church Council of the Ecclesiastical Parish of Bishops Cleeve Page 3 of 17 

FINANCIAL STATEMENTS 



## **Statement of Financial Activities** 

## **The Parochial Church Council of the Ecclesiastical Parish of Bishops Cleeve For the year ended 31 December 2022** 

|**Statement of Financial Activities**<br>**The Parochial Church Council of the Ecclesiastical Parish of Bishops Cleeve**<br>**For the year ended 31 December 2022**|**Statement of Financial Activities**<br>**The Parochial Church Council of the Ecclesiastical Parish of Bishops Cleeve**<br>**For the year ended 31 December 2022**|**Statement of Financial Activities**<br>**The Parochial Church Council of the Ecclesiastical Parish of Bishops Cleeve**<br>**For the year ended 31 December 2022**|
|---|---|---|
|**NOTES**<br>**UNRESTRICTED**<br>**RESTRICTED**<br>**2022 TOTAL**<br>**2021 TOTAL**|||
|**Incoming resourses**|||
||**Incoming resources from donations, legacies and similar**||
||Gift aided income<br>1<br>150,375<br>-<br>150,375<br>177,300||
||Collections and donations<br>2<br>19,293<br>500<br>19,793<br>18,694||
||Legacies and similar<br>3<br>350<br>-<br>350<br>4,000<br>**Incoming resources from operating activities**||
|||Investment income<br>4<br>103<br>-<br>103<br>53<br>**Other incoming resources**|
|||Weddings<br>15,317<br>-<br>15,317<br>12,893|
|||Funerals<br>15,415<br>-<br>15,415<br>17,080|
|||Income (Baptism)<br>435<br>-<br>435<br>100|
|||Grants<br>-<br>6,986<br>6,986<br>33,723|
|||**Total Other incoming resources**<br>**31,166**<br>**6,986**<br>**38,152**<br>**63,796**|
|**Total Incoming resourses**<br>**201,287**<br>**7,486**<br>**208,774**<br>**263,842**<br>**Resources expended**|||
||**Other expenditure**||
||Direct costs<br>116,027<br>10<br>116,037<br>114,234||
||Administration<br>19,968<br>788<br>20,757<br>16,083||
||Clergy expenditure<br>6,170<br>-<br>6,170<br>8,138||
||Salaries<br>54,816<br>-<br>54,816<br>68,706||
||Repairs and maintenance<br>10,913<br>5,683<br>16,596<br>28,468||
||Utilities<br>18,832<br>-<br>18,832<br>13,926||
||**Total Other expenditure**<br>**226,727**<br>**6,481**<br>**233,208**<br>**249,556**||
||Transfer of Funds<br>(2,000)<br>2,000<br>-<br>-||
||**Total Resources expended**<br>**224,727**<br>**8,481**<br>**233,208**<br>**249,556**||
|**Net surplus (deficit) for the year**<br>**(23,439)**<br>**(995)**<br>**(24,434)**<br>**14,286**<br>**NOTES**<br>**UNRESTRICTED**<br>**RESTRICTED**<br>**2022 TOTAL**<br>**2021 TOTAL**|||
|**1. Gift Aided Income**|||
|Income (PGS)<br>131,885<br>-<br>131,885<br>134,470|||
|Income (Gift Aid)<br>10,407<br>-<br>10,407<br>6,349|||
|Income (Gift Aid to be claimed)<br>1,812<br>-<br>1,812<br>1,377|||
|Income (Standing Orders)<br>1,332<br>-<br>1,332<br>5,052|||
|Income (Electronic Donations)<br>4,938<br>-<br>4,938<br>22,415|||
|Income (Fabric)<br>-<br>-<br>-<br>7,637|||
|**Total Gift Aided Income**<br>**150,375**<br>**-**<br>**150,375**<br>**177,300**|||



The Parochial Church Council of the Ecclesiastical Parish of Bishops Cleeve Page 4 of 17 

FINANCIAL STATEMENTS 



Statement of Financial Activities 

||**NOTES**|**UNRESTRICTED**|**RESTRICTED**|**2022 TOTAL**|**2021 TOTAL**|
|---|---|---|---|---|---|
|**2. Collections and Donations**||||||
|Income (Cash and cheque donations)||17,680|-|17,680|17,994|
|Income (Out of The Ashes)||1,613|-|1,613|-|
|Income (Rope Fund)||-|500|500|700|
|**Total Collections and Donations**||**19,293**|**500**|**19,793**|**18,694**|
||**NOTES**|**UNRESTRICTED**|**RESTRICTED**|**2022 TOTAL**|**2021 TOTAL**|
|**3. Legacies and Similar**||||||
|Income (Legacies)||350|-|350|4,000|
|**Total Legacies and Similar**||**350**|**-**|**350**|**4,000**|
||**NOTES**|**UNRESTRICTED**|**RESTRICTED**|**2022 TOTAL**|**2021 TOTAL**|
|**4. Investment Income**||||||
|Income (Banking Interest)||103|-|103|53|
|**Total Investment Income**||**103**|**-**|**103**|**53**|
||**NOTES**|**UNRESTRICTED**|**RESTRICTED**|**2022 TOTAL**|**2021 TOTAL**|
|**5. Other Incoming Resources**||||||
|Income from weddings||15,317|-|15,317|12,893|
|Income from funerals||15,415|-|15,415|17,080|
|Income (Baptism)||435|-|435|100|
|Grants||-|6,986|6,986|33,723|
|**Total Other Incoming Resources**||**31,166**|**6,986**|**38,152**|**63,796**|
||**NOTES**|**UNRESTRICTED**|**RESTRICTED**|**2022 TOTAL**|**2021 TOTAL**|
|**6. Other Expenditure**||||||
|Direct costs||116,027|10|116,037|114,234|
|Administration expenses||19,968|788|20,757|16,083|
|Repairs and maintenance||10,913|5,683|16,596|28,468|
|Utilities||18,832|-|18,832|13,926|
|Administration salaries||54,816|-|54,816|68,706|
|Clergy expenses||6,170|-|6,170|8,138|
|**Total Other Expenditure**||**226,727**|**6,481**|**233,208**|**249,556**|



The Parochial Church Council of the Ecclesiastical Parish of Bishops Cleeve Page 5 of 17 

FINANCIAL STATEMENTS 



## **Balance Sheet** 

## **The Parochial Church Council of the Ecclesiastical Parish of Bishops Cleeve As at 31 December 2022** 

|**As at 31 December 2022**||||
|---|---|---|---|
||**NOTES**|**31 DEC 2022**|**31 DEC 2021**|
|**Fixed Assets**||||
|Tangible Fixed Assets|2|1,685|2,973|
|**Total Fixed Assets**||**1,685**|**2,973**|
|**Current Assets**||||
|Debtors and prepayments|3|4,164|-|
|Cash at bank and in hand|4|106,704|128,686|
|**Total Current Assets**||**110,868**|**128,686**|
|**Liabilities: amounts falling due withinone year**||||
|Other creditors and accruals|5|10,130|4,802|
|Rounding||-|-|
|**Net Current Assets**||**100,738**|**123,884**|
|**Total Assets**||**102,423**|**126,857**|
|**Funds**||||
|Restricted Funds|6|8,304|9,299|
|Unrestricted Funds|7|94,119|117,558|
|**Total Funds**||**102,423**|**126,857**|



The accounts were approved by the board of trustees on 16th May 2023 and signed on its behalf by: 

Rev. Tim Garrett 

Charity No. 1135929 

The Parochial Church Council of the Ecclesiastical Parish of Bishops Cleeve Page 6 of 17 

FINANCIAL STATEMENTS 



## **Notes to the Financial Statements** 

## **The Parochial Church Council of the Ecclesiastical Parish of Bishops Cleeve For the year ended 31 December 2022** 

## **1. Accounting Policies** 

## **Basis of preparing the financial statements** 

The financial statements are prepared under the historical cost convention adopting the following principle accounting policies all of which 

Incoming resources - Donations and gifts are reflected in the financial accounts when they are received. 

Resources expended - Expenditure is included in the financial accounts as incurred. 

Investments - Investments are included in the financial accounts at the lower of cost or estimated value. 

Reserves - The PCC will maintain three month's costs in general reserves at all times. 

References to churches - All figures that relate to The Ascension Southam are noted as such. All other figures relate to St Michael's Bishops Cleeve. 

## **Tangible fixed assets** 

Depreciation is provided, at the following annual rates in order to write off each asset over its estimated useful life. 

|**Account**|**Method**|**Rate**|
|---|---|---|
|Church and Office Equipment|Straight Line|25%|



## **Investments** 

Fixed asset investments are stated at cost less any provision for diminution in value. 

|**2022**<br>**2021**|**2022**<br>**2021**|**2022**<br>**2021**|
|---|---|---|
|**2. Tangible Assets**|||
||**Office and church equipment**||
|||**Cost**|
|||Opening Balance<br>5,150<br>3,154|
|||Church and Office Equipment<br>-<br>1,996|
|||**Total Cost**<br>**5,150**<br>**5,150**<br>**Depreciation**|
|||Opening Balance<br>(2,177)<br>(1,014)|
|||Less Accumulated Depreciation on Church and Office Equipment<br>(1,287)<br>(1,163)|
|||**Total Depreciation**<br>**(3,464)**<br>**(2,177)**|
|||**Total Office and church equipment**<br>**1,685**<br>**2,973**|
||**Total Tangible Assets**<br>**1,685**<br>**2,973**||



The Parochial Church Council of the Ecclesiastical Parish of Bishops Cleeve Page 7 of 17 

FINANCIAL STATEMENTS 



Notes to the Financial Statements 

||**2022**|**2021**|
|---|---|---|
|**3. Debtors**|||
|Prepayments and accrued income|4,164|-|
|**Total Debtors**|**4,164**|**-**|
||**2022**|**2021**|
|**4. Cash at Bankand in Hand**|||
|Petty Cash|82|70|
|PCC Current Account|22,697|46,800|
|Business Reserve Account|37,599|37,518|
|Southam Current Account|46,326|44,299|
|**Total Cash at Bank and in Hand**|**106,704**|**128,686**|



||**2022**|**2021**|
|---|---|---|
|**5. Creditors**|||
|Accounts payable|6,882|2,097|
|Accruals and deferred income|3,248|2,705|
|Other creditors|-|-|
|**Total Creditors**|**10,130**|**4,802**|



## **6. Restricted Fund 5** 

|**Fund**|Note|Opening<br>Balance|Fund<br>Income|Fund<br>Expenditure|Transfers|**Closing**<br>**Balance**|
|---|---|---|---|---|---|---|
|||£|£|£|£|**£**|
|Children and Families|1|2,000|||(2,000)|**0**|
|Fabric and<br>Development|2|633|584|(   788)||**429**|
|Rope|3|2,331|500|(    10)||**2,821**|
|Churchyard|4|3,835|6,402|(  5,683)||**4,554**|
|Organ|5|500||||**500**|
|**Totals**||**9,299**|**7,486**|**(  6,481)**|**(2,000)**|**8,304**|



1. This Fund is used to fund the work of the Children and Family Minister. 

2. Fabric and Development Fund - This fund is used for maintenance and improvement of the fabric of the church. 

3. Rope Close Fund - This fund is used for the maintenance of the church bells and ropes. 

4. Churchyard Fund - This fund is for the maintenance of the churchyard and graveyard. 

5. Organ Fund - This fund is for the service of the organ. 

## **7. Unrestricted Fund** 

These funds have been designated and reviewed annually by the Trustees from unrestricted general funds for the following specific purposes. 

The Parochial Church Council of the Ecclesiastical Parish of Bishops Cleeve Page 8 of 17 

FINANCIAL STATEMENTS 



Notes to the Financial Statements 

|**Fund**|Note|Opening<br>Balance|Fund<br>Income|Fund<br>Expenditure|Transfers|**Closing**<br>**Balance**|
|---|---|---|---|---|---|---|
|||£|£|£||**£**|
|Southam Church -<br>General|1|775|10,534|( 8,372)||2,937|
|Southam Church - Fabric|2|43,525|86|(   221)||43,390|
|**Total Designated**||**44,300**|**10,620**|**( 8,593)**||**46,327**|
|General|3|73,258|196,668|(224,134)|2,000|47,792|
|**Total Unrestricted**||**117,558**|**207,288**|**(232,727)**|**2,000**|**94,119**|



1. Southam Church General - The fund is used for the upkeep and maintenance of the Church of the Ascension Southam. 2. Southam Church Fabric Fund - The fund is used for the maintenance and improvement of the fabric of the Church of the Ascension. 

3. It is PCC policy that the general reserves should at all times hold one month's of expenditure in reserves; and this should be increased. General reserves also include the Designated Funds shown in note 9. 

## **8. Designated Fund** 

The following Designated Funds are included within the General Fund as PCC reserve the right to use the funds for other purposes if needed. 

|**Designated Fund**|Note|Opening<br>Balance|Fund<br>Income|Fund<br>Expenditure|Transfers|**Closing**<br>**Balance**|
|---|---|---|---|---|---|---|
|||£|£|£|£|**£**|
|Designated Children and<br>Families Fund|1|25,130|7,734|( 5,280)|2,000|**29,584**|
|Designated Fabric Fund|2|5,000|||2,500|**7,500**|
|Designated Organ Fund|3|10,000|||2,000|**12,000**|
|Designated Emergency<br>Fund|4|600||||**600**|



1. Designated Children and Families Fund - The fund is designated, but not restricted, to be used to fund the work of the Children's and Family Minister. 

2. Designated Fabric Fund - The fund is designated, but not restricted, to be used for the maintenance and improvement of the fabric of the Church of the Ascension. 

3. Designated Organ Fund - The fund is designated, but not restricted, to be used for the servicing of the organ. 

4. Designated Emergency Fund - The fund is designated, but not restricted, to be used for emergency support to those in need at the discretion of the Rector and in accordance with the rules laid out in the financial handbook. 

The Parochial Church Council of the Ecclesiastical Parish of Bishops Cleeve Page 9 of 17 

FINANCIAL STATEMENTS 



## **Children and Families Fund** 

## **The Parochial Church Council of the Ecclesiastical Parish of Bishops Cleeve For the year ended 31 December 2022** 

|**For the year ended 31 December 2022**|||
|---|---|---|
||**2022**|**2021**|
|**Childrens and Families Fund Account**|||
|Opening Balances|2,000|14,253|
|**Transfer to designated Children & Families Fund**|||
|Transfer of Funds|(2,000)|(12,253)|
|**Closing Balance**|**-**|**2,000**|



The Parochial Church Council of the Ecclesiastical Parish of Bishops Cleeve Page 10 of 17 

FINANCIAL STATEMENTS 



## **Fabric and Development Fund** 

## **The Parochial Church Council of the Ecclesiastical Parish of Bishops Cleeve For the year ended 31 December 2022** 

|**Fabric and Development Fund**<br>**The Parochial Church Council of the Ecclesiastical Parish of Bishops Cleeve**<br>**For the year ended 31 December 2022**|**Fabric and Development Fund**<br>**The Parochial Church Council of the Ecclesiastical Parish of Bishops Cleeve**<br>**For the year ended 31 December 2022**|
|---|---|
|**2022**<br>**2021**||
|**Fabric Fund Account**||
||Opening Balance<br>633<br>6,293<br>**Income**|
||Donations and grants<br>584<br>9,833|
||Other<br>-<br>500|
||**Total Income**<br>**584**<br>**10,333**<br>**Expenditure**|
||Admin<br>788<br>788|
||Repairs and maintenance<br>-<br>15,205|
||**Total Expenditure**<br>**788**<br>**15,993**|
|**Closing Balance**<br>**429**<br>**633**||



The Parochial Church Council of the Ecclesiastical Parish of Bishops Cleeve Page 11 of 17 

FINANCIAL STATEMENTS 



## **Rope Close Fund** 

## **The Parochial Church Council of the Ecclesiastical Parish of Bishops Cleeve For the year ended 31 December 2022** 

|**Rope Close Fund**<br>**The Parochial Church Council of the Ecclesiastical Parish of Bishops Cleeve**<br>**For the year ended 31 December 2022**|**Rope Close Fund**<br>**The Parochial Church Council of the Ecclesiastical Parish of Bishops Cleeve**<br>**For the year ended 31 December 2022**|
|---|---|
|**2022**<br>**2021**||
|**Rope Close Fund Account**||
||Opening Balance<br>2,331<br>1,681<br>**Income**|
||Donations<br>500<br>700|
||**Total Income**<br>**500**<br>**700**<br>**Expenditure**|
||Repairs and maintenance<br>10<br>50|
||**Total Expenditure**<br>**10**<br>**50**|
|**Closing Balance**<br>**2,821**<br>**2,331**||



The Parochial Church Council of the Ecclesiastical Parish of Bishops Cleeve Page 12 of 17 

FINANCIAL STATEMENTS 



## **Churchyard Fund** 

## **The Parochial Church Council of the Ecclesiastical Parish of Bishops Cleeve For the year ended 31 December 2022** 

|**Churchyard Fund**<br>**The Parochial Church Council of the Ecclesiastical Parish of Bishops Cleeve**<br>**For the year ended 31 December 2022**|**Churchyard Fund**<br>**The Parochial Church Council of the Ecclesiastical Parish of Bishops Cleeve**<br>**For the year ended 31 December 2022**|
|---|---|
|**2022**<br>**2021**||
|**Churchyard Fund Account**||
||Opening Balances<br>3,835<br>2,125<br>**Income**|
||Grants received<br>6,402<br>6,204|
||**Total Income**<br>**6,402**<br>**6,204**<br>**Expenditure**|
||Repairs and maintenance<br>-<br>428|
||Other expense<br>5,683<br>4,066|
||**Total Expenditure**<br>**5,683**<br>**4,494**|
|**C**|**losing Balance**<br>**4,554**<br>**3,835**|



**Closing Balance** 

The Parochial Church Council of the Ecclesiastical Parish of Bishops Cleeve Page 13 of 17 

FINANCIAL STATEMENTS 



## **Organ Fund** 

## **The Parochial Church Council of the Ecclesiastical Parish of Bishops Cleeve For the year ended 31 December 2022** 

|**Organ Fund**<br>**The Parochial Church Council of the Ecclesiastical Parish of Bishops Cleeve**<br>**For the year ended 31 December 2022**|**Organ Fund**<br>**The Parochial Church Council of the Ecclesiastical Parish of Bishops Cleeve**<br>**For the year ended 31 December 2022**|
|---|---|
|**NOTES**<br>**2022**<br>**2021**||
|**Organ Fund**||
||Opening Balances<br>500<br>-<br>**Income**|
||Legacy income<br>-<br>500|
||**Total Income**<br>**-**<br>**500**|
||**Total Organ Fund**<br>**500**<br>**500**|
|**Closing funds**<br>**500**<br>**500**||



The Parochial Church Council of the Ecclesiastical Parish of Bishops Cleeve Page 14 of 17 

FINANCIAL STATEMENTS 



## **General Fund** 

## **The Parochial Church Council of the Ecclesiastical Parish of Bishops Cleeve For the year ended 31 December 2022** 

|**General Fund**<br>**The Parochial Church Council of the Ecclesiastical Parish of Bishops Cleeve**<br>**For the year ended 31 December 2022**|**General Fund**<br>**The Parochial Church Council of the Ecclesiastical Parish of Bishops Cleeve**<br>**For the year ended 31 December 2022**|
|---|---|
|**2022**<br>**2021**||
|**General Fund Account**||
|Opening Balance<br>73,258<br>39,031<br>**Income**||
|Gift aided income<br>11,718<br>29,419||
|Collections and donations<br>16,410<br>14,950||
|Investment income<br>12<br>28||
|Wedding, funerals and baptism<br>30,292<br>29,522||
|Grants<br>-<br>22,788||
|Legacies<br>350<br>3,000||
|Income (PGS)<br>131,885<br>134,470||
|Income (Southam contribution)<br>6,000<br>10,017||
|**Total Income**<br>**196,668**<br>**244,195**<br>**Expenditure**||
||**Expense**|
||Parish Share<br>94,596<br>94,596|
||Diocesan Board of Finance Payment<br>5,035<br>9,764|
||Parish Fee (Stewarding)<br>3,175<br>3,072|
||Wedding additional costs<br>2,081<br>2,905|
||Parish Fee (Funeral)<br>886<br>805|
||Parish Fee (Baptism)<br>29<br>-|
||Music<br>1,231<br>827|
||Specified donations<br>3,808<br>142|
||Children and families expenses<br>5,186<br>2,123|
||Administration expenses<br>19,022<br>14,952|
||Clergy expenses<br>6,170<br>8,138|
||Salaries<br>54,816<br>68,706|
||Repairs and maintenance<br>10,342<br>3,279|
||Utilities<br>17,757<br>12,911|
||**Total Expense**<br>**224,134**<br>**222,221**<br>**Transfer of Funds to Restricted Funds**|
||Transfer of Funds<br>(2,000)<br>(12,253)|
|**Closing Balance**<br>**47,792**<br>**73,258**||



The General Fund includes the following designated funds: 

Designated Children and Families Fund Designated Fabric Fund 

Designated Organ Fund 

FINANCIAL STATEMENTS The Parochial Church Council of the Ecclesiastical Parish of Bishops Cleeve Page 15 of 17 



## **Southam Church - General Fund** 

## **The Parochial Church Council of the Ecclesiastical Parish of Bishops Cleeve For the year ended 31 December 2022** 

|**Southam Church - General Fund**<br>**The Parochial Church Council of the Ecclesiastical Parish of Bishops Cleeve**<br>**For the year ended 31 December 2022**|**Southam Church - General Fund**<br>**The Parochial Church Council of the Ecclesiastical Parish of Bishops Cleeve**<br>**For the year ended 31 December 2022**|
|---|---|
|**2022**<br>**2021**||
|**Southam Church -General Fund Account**||
||Opening Balance<br>775<br>665<br>**Income**|
||Collections and donations<br>2,883<br>2,539|
||Income (Other Grants)<br>-<br>3,000|
||Investment income<br>6<br>25|
||Gift aided income<br>4,959<br>4,605|
||Gift Aid SDS<br>1,812<br>1,168|
||Other income<br>874<br>551|
||**Total Income**<br>**10,534**<br>**11,888**<br>**Expenditure**|
||Income (Southam contribution)<br>6,000<br>10,017|
||Administration expenses<br>946<br>343|
||Repairs and maintenance<br>350<br>403|
||Utilities<br>241<br>282|
||Insurance<br>835<br>733|
||**Total Expenditure**<br>**8,372**<br>**11,778**|
|**Closing Balance**<br>**2,937**<br>**775**||



The Parochial Church Council of the Ecclesiastical Parish of Bishops Cleeve Page 16 of 17 

FINANCIAL STATEMENTS 



## **Southam Church - Fabric Fund** 

## **The Parochial Church Council of the Ecclesiastical Parish of Bishops Cleeve For the year ended 31 December 2022** 

|**Southam Church - Fabric Fund**<br>**The Parochial Church Council of the Ecclesiastical Parish of Bishops Cleeve**<br>**For the year ended 31 December 2022**|**Southam Church - Fabric Fund**<br>**The Parochial Church Council of the Ecclesiastical Parish of Bishops Cleeve**<br>**For the year ended 31 December 2022**|
|---|---|
|**2022**<br>**2021**||
|**Southam Church - Fabric Fund Accounts**||
||Opening Balance<br>43,525<br>48,523<br>**Income**|
||Investment income<br>86<br>-|
||Collections and donations<br>-<br>40|
||**Total Income**<br>**86**<br>**40**<br>**Expenditure**|
||Other repairs and maintenance<br>221<br>5,038|
||**Total Expenditure**<br>**221**<br>**5,038**|
|**Closing Balance**<br>**43,390**<br>**43,525**||



The Parochial Church Council of the Ecclesiastical Parish of Bishops Cleeve Page 17 of 17 

FINANCIAL STATEMENTS