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2023-12-31-accounts

St Peters Parochial Church Council Statement of financial activities for the year ended 31st December 2023 Main PCC Account

Unrestricted Restricted 2023 2022
Funds Funds Total Total
£ £ £ £
Voluntary Income Note 1 44,798 2,063 46,861 50,973
Incoming Resources from Charitable activities (Note 2b) 127 - 127 3,193
Activities for generating funds Note 2c 2,417 6,169 8,586 7,682
Income from Investments Note 2a 4,843 - 4,843 5,021
Income generated form Church Hall/House Note 15 40,315 - 40,315 39,361
Other income resources Note 2d 59 - 59 16,104
Total Income 92,559 8,232 100,791 122,334
Expenditure
Church activities Note 3 82,810 3,921 86,731 121,070
Church Hall & House Note 15 15,920 - 15,920 18,245
Publicity & Fund Raising expenses 41 - 41 35
Total expenditure 98,771 3,921 102,692 139,350
Net income before investment gains/losses -1,901 -17,016
Net movement in other accounts (Mission) Note 14 214 117
On disposal 0 13,359
on revaluation 15,108 - 41,059
Net movement in funds 13,421 - 44,599
Total funds b/fwd on 1st January 2023 244,682 289,281
Total funds b/fwd on 31st December 2023 258,103 244,682

St Peter's Parochial Church Council Balance Sheet as at 31st December 2023

Current Assets
General Fund
Fabric Fund
Car Park Fund
Organ Fund
Other Bank & Cash balances
Missions & Charities Account - Note 14
St Peter's Hall Account - Note 15
Debtors
General Fund
Fabric Fund
Total current assets
Liabilities
Liabilities falling within one year - Note 11
General Fund
Fabric Fund
Total Net assets
Fixed Assets (CBF) Investments
General Fund - Note 9
Fabric Fund (Sale of Curate's House) - Note 8
Total Fixed Assets
Total Assets
Represented by:-
Parish Funds
Fabric - Note 8 & 12
Organ - Note 12
Friends - Note 12
Car Park
West End Refurbishment - Note 12
Other restricted (GASP, Mission at St Peter's), music - Note 12
Unrestricted Funds
Total
Other non-realisable Assets
Church House, Heathfeld Road (leased from the Diocese of Southwark)
Church Hall, Ledbury Rd
CBF
Bank
Deposit
Accounts
Accounts
5,202 2,069
5 2,382
- 18,960
1,307 -
2023
2022
Total
Total
£
£
7,271 26,800
2,387 9,876
18,960 18,834
1,307 1,307
6,514 23,411
0
0
1,562
0
29,925 56,817
308
212
5,767 2,596
0 13,423
36,000 73,048
1,562 29,861
34,438 43,187
47,653 42,302
174,300 159,192
221,953 201,494
256,391 244,681
2023
2022
£
£
176,550 161,228
1,307 1,307
3,949 3,729
18,960 18,834
14,623 11,533
5,450 5,450
37,264 42,601
258,103 244,682
-
-
800,000 800,000

Approved by the P.C.C. on their behalf by

Rev'd Geoff Dumbreck Chair

G. Saunders Acting Honorary Treasurer

St Peters Parochial Church Council Statement of financial activities for the year ended 31st December 2023 Main PCC Account

2023 2023 2023
2022
Unrestricted FundsRestricted Funds Total
Total
£ £ £
£
INCOME
Note 1. Voluntary Income
Planned Giving 29,743 - 29,743 32,174
Gift Aid recovered on planned giving/donations 7,982 7,982 9,617
Collections & SumUp 4,585 132 4,718 2,372
Donations 238 - 238 6,216
Legacies 1,000 - 1,000 -
Gift Day 1,250 - 1,250 324
Friends of St Peter's Church (Membership) - 220 220 270
Total Income 44,798 352 45,151 50,973
Note 2a. Investment Income
Investment Income 4,843 - 4,843 4,782
Car Park Fund 589 - 589 239
Total expenditure 5,432 - 5,432 5,021
Note 2b. Incoming resources from charitable activities
Parish Magazine (Advertising & Subscriptions) - - -
6
Fees (Parochial) 127 - 127 3,187
127 - 1273,193
Note 2c. Activities for generating funds
Christmas Bazaar 2,417 - 2,417 2,393
Mini-market, Garden Party, Book & Cake sales, Concerts et - 6,169 6,169 5,289
2,417 6,169 **8,586 7,682 **
Note 2d. Other incoming resources
Accrual adjustment (lights) 0 0 0 3,530
Sundry (including Bell fees) 59 0 59 139
Listed Places of Worship Scheme (LPOW) VAT claim - 0 - 12,435
59 **0 ** **59 16,104 **

St Peter's Parochial Church Council

Notes to the Financial statements for the year ended 31st December 2023 St Peter's Main P.C.C. Account

EXPENDITURE
Note 3 Church activities
Missions & Charities
Parish Support Fund
Salaries & Expenses
Cost of services - Note 4
Church running expenses - Note 5
Church maintenance - Note 6
Lighting
Flower expenditure
Other Missions & Charitable giving
Administration Expenses - Note 7
Independent Examiners fee
Note 4. Cost of services
Sanctuary
Services (confrmation & other materials, Advertising (MAP)
Cost of music (including new music, Choir pay, RSCM subs etc)
Sundry (Printing etc)
Note 5. Church running expenses
Light & heat
Telephony, Broadband, etc
Insurance
Equipment (New safe, Batteries etc)
Note 6. Church maintenance
Fabric repairs
General maintenance
Bell Tower repairs
Churchyard
Note 7. Admin Expenses
Stationery/Stamps/Ink catridges etc
Secretarial expenses (South Croydon benefce)
Bank charges
Sundry & Compliance (Subs, Zoom, Mailchimp, Redemptorist) etc
2023
2023
2023
2022
Unrestricted FundsRestricted Funds
Total
Total
£
£
£
£
4,567 - 4,567 4,567
47,001 - 47,001 47,000
6,427 - 6,427 8,285
2,845 - 2,845 1,621
16,394 3,178 19,572 13,496
2,900 107 3,007 43,475
- - - 770
- - - 70
- - - 22
2,462 - 2,462 889
850 - 850 875
83,4463,28586,731 121,070
631 -
631
733
761 -
761
190
847 -
847
698
647
647
-
2,886 - 2,886 1,621
6,788 - 6,788 3,021
1,851 - 1,851 3,766
7,349 - 7,349 6,709
406 3,178 3,584
-
16,394 3,178 19,572 13,496
- - - 41,932
3,020 - 3,020 -
230 107 337 96
- - - 1,447
3,250 107 3,357 43,475
.
4 - 4
382
1,482 - 1,482
0
101 - 101
0
875 - 875
507
2,462 - 2,462
889

St Peter's Parochial Church Council Notes to the Financial statements for the year ended 31st December 2023 St Peter's Main P.C.C. Account

BALANCE SHEET NOTES

Note 8. Assets held by the Diocese of Southwark
Fabric Fund (Sale of Curate's House)
CBF Deposit Account
LOAN TO PCC
Balance as at 1st January 2023
Transferred to main PCC Account
Repaid from interest on CBF Deposit Account
Opening balance
Revaluation of investments
Note 9. CBF Investment
Balance as at 1st January 2023
Dividends
Purchase(sale) of units during year (book cost)
Market value as at 31st December 2023
Note 10. Debtor (Assets)
General Fund
HM Revenue & Customs
LPOW VAT reclaim
Electric & Gas/telephone & broadband
Other
Fabric Fund
LPOW VAT reclaim
Note 11. Creditors (liabilities)
General Fund
New sound system
New boiler (retention)
Lighting work balance of cost
Share of Benefce Administrator fees paid by St Augustines
Other
Independent Examiner's Fee
Note 12. Fabric Fund
Roof repairs
New boiler (retention)
Other
159,192
15,108
2023
2022
£
£
159,192 159,192
0
-
**159,192 159,192 **
48,843 48,843
-
-
-
-
48,843 48,843


174,300 159,192
174,300
24,551 39,321
1,279 1,871
0
-16,641
**25,830 24,551 **
47,653 42,302
9,000 9,617
0 1,190
0 -
0 10
9,000 10,817
0 2,606
- 10,716
140 140
- 7,139
- -
1,562 543
850 875
2,552 19,413
0 10,336
110 110
- -
110 10,446

St Peter's Parochial Church Council Notes to the Financial statements for the year ended 31st December 2023 Main P.C.C. Account

Note 12. Breakdown of main PCC Account between Funds

Receipts
Voluntary Income
Gift Aid
Church Hall & House
Donations
Fees
Legacies
Fund Raising
Other income
Payments
Grants
For the work of the church
Church Hall & House
Lighting
Administration expenses
Surplus/(defcit)
Sale of investments
Movement in current fund balance
Fund Balance 2022
Fund balance 2023
Creditors 2023
Debtors 2023
2023 Current fund cash balance
2022 Current cash balance
General
Fabric
Organ Friends of Car Park Refurb
Other
Total
Fund
Fund
Fund
St Peter's
Fund
Fund
Fund
£
£
£
£
£
£
£
£
34,274 - - 220 - 132 - 34,626
7,982 - - - - - - 7,982
40,315 - -
- - - - 40,315
1,488 - -
- - - - 1,488
127 - -
- - - - 127
1,000 - -
- - - - 1,000
2,417 - -
- - 6,169 - 8,586
4,843 346 -
- 589 - - 5,778
92,446 346 - 220 589 6,301 - 99,902
-
- - - - - - - -
78,401 - - - 107 4,922 - 83,430
16,920 - - - - - - 16,920
- - - - - - - -
2,462 - - - - - - 2,462
97,783 - - - 107 4,922 - 102,812
-5,337346 - 220 482 1,379 - - 2,910
- 5,337 346 - 220 482 1,379 - - 2,910
- 2,510 2,036 1,307 3,729 18,478 11,533 5,450 40,023
- 7,847 2,382 1,3073,949 18,960 12,9125,45037,113
0
0
-
0
0
0
0
0
0
0
-
0
0
0
0
0
- 7,847 2,382 1,3073,949 18,960 12,9125,45037,113
7,797 9,876 1,307 3,729 18,478 9,923 5,450 56,560

St Peter's Parochial Church Council Notes to the Financial statements for the year ended 31st December 2023

Note 14. Missionary & Charities Account - St Peter's No 2 Account

Receipts & Payments 2023 2022
£ £
Lent boxes - -
Transfers from main PCC account 4,567 4,567
Total receipts 4,567 4,567
Resources expended:-
The Church Overseas: Missionary Societies
Bible Society 200 200
Christian Aid - Global Hunger Appeal - -
CMS 300 300
DEC - -
USPG 300 300
Total 800 800
Home missions: Other church Societies & Organisati 3,050 3,150
(see next page)
Total Mission payments 3,850 4,068
Other donations:-
Amnesty International 100 100
The Royal British Legion 100 100
Medicins Sans Frontierres 300 300
500 500
Total Payments 4,350 4,568
Net Incoming resources 217 - 1
Less bank charges 3 -
Cash balances:-
On 1st January 2023 94 95
On 31st December 2023 308 94

St Peter's Parochial Church Council

Note 14. Missionary & Charities Account - St Peter's No 2 Account (continued)

Breakdown of Home Mission: Other Church Societies & organisations figure above

2023 2022
£ £
APCMH 300 300
Bishop's Mustard Seed Appeal 100 100
CCAT 100 100
Children's Society 200 200
Christian Family Concern 100 100
Church Army 100 100
Church Homeless Trust 100 100
College of St Barnabas 200 200
Crisis (at Christmas) 200 200
Croydon Drop in 100 100
Croydon Nightwatch 300 300
Freedom from Torture 100 100
HearUS 100 100
Mission to Seafarers 100 100
PHAB 150 150
South Croydon Day Centre 500 500
St Augustine's Refugee Project - 100
St Christopher's Hospice 100 100
Welcare 100 100
YMCA 100 100

3,050 3,150

St Peter's Parochial Church Council Notes to the Financial statements for the year ended 31st December 2023

Note 15. St Peter's Church Hall & Church House Income & Expenditure Account 2023

Receipts
Bookings
Parking
Scout Hut storage
Church House fat rental
Hire of Church House
Miscellaneous receipts
Excess of expenditure over income
Expenditure
Repairs & maintenance (General)
Repairs & maintenance (Church Hall)
Church House fat maintenance/refurbishment
Cleaning
Equipment & cleaning materials
Scout Hut maintenance & repairs
Electric/Oil
Insurance
Water rates & Licenses
HM Revenue & Customs
Telephone, Broadband, Live stream etc
Vergers Wages
Stationery/postage/expenses
Transfer to or payments made on behalf of St Peter's P.C.C.
Excess of income over expenditure
Assets
Bank Account
Accidental damage - deposit
Cash in hand
Total Assets
Represented by:-
Balance Brought forward
Excess of Income over expenditure
2023
£
15,150
10,167
1,200
11,400
2,262
136
-
2022
£
15,150
9,474
1,200
12,000
1,402
136
1,184
40,315
1,075
6,766
1,317
1,826
431
432
-
1,601
97
381
500
1,494
-
21,244
3,151

40,546
350
5,781
1,321
1,335
793
1,200
-
1,681
3,603
102
444
1,608
28
22,300
-
40,315
2023
£
5,536
200
11
40,546
2022
£
2,390
200
6
5,747
2,596
3,151
2,596
3,780
-1,184

5,747

2,596

St Peter's Parochial Church Council Notes to the Financial statements for the year ended 31st December 2023

Note 16. Budget for the calendar year 2024

General Funds
Unrestricted general reserve 1st January 2024
Planned Giving
Loose Collections & SumUp
Gift Aid tax claim on planned giving/loose collections etc
Legacies (Late Ms Janet Kilby dec'd 22.06.2020)
Donations
Church House
Hall
Fundraising
Fees
Investment Income & bank interest
Other income
Parish Share
Insurance
Missions & Charities
Electric, Gas, Telephone
Salaries
Other expenses
Increase/(decrease) in general reserves
Unrestricted general reserve as at 31st December 2024
Fabric Fund
Fabric general reserve 1st January 2024
Investment Income and bank interest
Repairs
Increase/(decrease) in Fabric reserves
Fabric general reserve 31st December 2024
£'s
30,000
4,000
8,000
17,000
1,500
14,850
-
5,000
500
4,700
-
£'s









£'s
5,800
48,500
8,000
4,250
8,500
5,500
5,000
85,550





79,750
5,800
£'s
163,500
-
-
-
163,500