OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2022-12-31-accounts

Charity Trustees Charity Trustees The Reverend
Canon Andrew JW Rowland
The Reverend
Suzie Allen
The Reverend
Heather Waldsax
The Reverend
Nicholas Wells
Mrs Elfie Mills (Licensed Lay Minister)
Mrs Deirdre FAshton
Mr Peter Cook
Mr Andrew
Patrick
Mr Bruce Jensen
Mr Richard Knott
Mrs Sheila Soper
Mrs Jane Davidson
Mrs Anne King
MrAnthony
KOliver MBE
Mrs Sarah Steele
Mrs Alison Francis
Mrs Rosemary
Lunt
Mrs Minna Harvey
Mrs Heather Davey
Mr Andrew
Kelley		 (Appointed 6April 2022)
Mr Dennis Child (Appointed 21 July 2022)
Charity number 1138072
Independent examiner Hill Osborne
Tower House
Parkstone
Road
Poole
Dorset
BH152JH

Page
Trustees'
report		 1-3
Independent
examiner's		 report
Statement offinancial activities 5-6
Balance sheet
Statement ofcash flows
Notes to the financial statements 9-26

Current financial Current financial year
Unrestricted Unrestricted Restricted Endowment Total Total
funds funds funds funds
general designated
2922 2022 2022 2022 2022 2021
Notes 6 8 8 K E 8
Income and endowments from
Voluntary
income		 3 197,976.59 15,000.00 257,272.16 470,248.75 862,587.70
Charitable
activities
Activities for generating
funds 4 1,080.00 3,672.45 4,752.45 1,080.00
Church activities 4 32,963.55 535.00 1,592.34 35,090.89 30,805.71
Investments 5 8,031.89 1,570.78 165.29 9,767.96 8,091.20
Other income 6 2,002.50 15,987.40 17,989.90 2,131.86
Total income and
endowments 242,054.53 35,194.85 260,435.28 165.29 537,849.95 904,696.47
~Edit
Raising funds 7 233.41 233.41
Church
activities		 8 219,928.89 3,166.80 282,568.07 505,663.76 776,001.30
Other 13 4,956.20 4,956.20
Total resources
expended 220,162.30 8,123.00 282,568.07 510,853.37 776,001.30
Net gains/(losses) on
investments 14 (36,680.71) (737.27) (37,417.98) 39,389A4
Net
incoming/(outgoing)
resources before 21,892.23 27,071.85 (58,813.50) (571.98) (10,421.40) 168,084.61
transfers
Gross transfers between
funds 9,413.80 (10,669.22) 1,420.71 (165.29)
Net movement in funds 31,306.03 16,402.63 (57,392.79) (737.27) (10,421.40) 168,084.61
Fund balances at 1
January 2022 80,714.88 6,145.43 515,473.95 23,619.13 625,953.39 457,868.78
Fund balances at 31
December 2022 112,020.91 22,548.06 458,081.16 22,881.86 615,531.99 625,953.39

Prior financial year Prior financial year
Unrestricted Unrestricted Restricted Endowment Total
funds funds funds funds
general designated
Notes 2021f 2021 2021 2021 2021
8
Income and endowments from:
Voluntary
income		 3 210,021.29 49,638.02 602,928.39 862,587.70
Charitable
activities
Activities for generating funds 4 1,080.00 1,080.00
Church activities 4 26,344.25 1,203.80 3,257.66 30,805.71
Investments 5 6,620.17 1,311.15 159.88 8,091.20
Otherincome 6 2,131.86 2,131.86
Total income and endowments 246,197.57 50,841.82 607,497.20 159.88 904,696.47
~E
"Chb
Church activities 8 209,868.43 48,517.69 517,615.18 776,001.30
Total resources expended 209,868.43 48,517.69 517,615.18 776,001.30
Net gains/(losses) on investments 14 38,609.50 779.94 39,389.44
Net incoming/(outgoing)
resources before transfers		 36,329.14 2,324.13 128,491.52 939.82 168,084.61
Gross transfers
between		 funds (46,359.54) 46,519.42 (159.88)
Net movement
in		 funds (10,030.40) 2,324.13 175,010.94 779.94 168,084.61
Fund balances at 1 January 2021 90,745.28 3,821.30 340,463.01 22,839.19 457,868.78
Fund balances at 31 December
2021 80,714.88 6,145.43 515,473.95 23,619.13 625,953.39

2022 2021
Notes f 6
Fixed assets
Tangible assets 15 17,519.14 20,610.75
Investments 16 299,107.17 334,954.37
316,626.31 355,565.12
Current assets
Debtors 17 38,952.52 26,370.14
Cash at bank and in hand 299,550.31 268,120.87
338,502.83 294,491.01
Creditors: amounts falling due within
one year 18 (39,597.15) (24,102.74)
Net current assets 298,905.68 270,388.27
Total assets less current liabilities 615,531.99 625,953.39
Capitalfunds
Endowment
funds		 22,881.86 23,619.13
Income funds
Restricted funds 19 458,081.16 515,473.95
Unrestricted
funds
Designated
funds		 20 22,548.06 6,145.43
General unrestricted funds 112,020.91 80,714.88
134,568.97 86,860.31
615,531.99 625,953.39

2022 2021
Notes f 5
Cash flows from operating activities
Cash generated
from operations		 25 23,232.26 102,018.02
Investing activities
Purchase of investments (1,570.78) (1,311.15)
Investment income received 9,767.96 8,091.20
Net cash
activities		 generated
from investing		 8,197.18 6,780.05
Net cash used in financing activities
Net increase
in cash and cash equivalents		 31,429.44 108,798.07
Cash and cash equivalents at beginning ofyear 268,120.87 159,322.80
Cash and cash equivalents at end of year 299,550.31 268,120.87

3 Voluntary income
Unrestrlaled Unrestrlated Restricted Total Unrestricted Unreslrided Restncted Total
funds funds funds fuhds funds fuhds
general designated general designated
2022 2022
8		 2022
6		 2022
6		 2021f 2021
6		 2021
f		 2021
Danstlons and gifts 194,271.61 23,580.66 217,852.27 204,700.02 685.66 205,385.68
Legaues receivable 3,100.00 3,100.DD
Grerds 604.98 15,000.00 233,391.50 248,996A8 5,321.27 49,636.02 601,812.93 656,772.22
Other 300.00 300.00 429.80 429.80
197,976.59 15,000.00 257,272.16 470,248.75 210,021.29 49,638.02 602,928.39 862,587.70
Donations and sits
Tax efficient planned giving 114,137.80 114,137.80 115,393AD 115,393.40
Gfit aid recovsrsbls 41,284.42 41,284.42 31,012.35 31,D12.35
Uhcavshsnted 5,126.00 5,126.00 7,105.00 7,105.00
Cafiemions at services 11,497.94 11,497.94 14,030.08 14,030.08
Special cofiedlans 1,832.95 1,832.95
Donations 13,404.14 13,404.14 35,328.24 35,326.24
Danatlons - Chained library 2,209.66 2,209.66 305.66 305.66
Events and fundraising 8,821.31 8,821.31
Flower fund 1,371.DD 1,371.00 360.00 380.00
Vsfgsl' fuhd 20,000.00 20,000.00
194,271.61 23,580.66 217,852.27 204,700.02 665.66 205,385.68

3 Voluntary
Income		 Voluntary
Income		 (Condnuadt
Unrestricted Unrestricted Restricted Total Unrestncted Unrestricted Restricted Total
funds funds funds Iunils fields funds
general designated general designated
2022 2022 2022 2022 2021 2021 2021 2021
8 8 8 8 f f 8
Grants receivable for core aotlvltles
Games Trust - towards music costs 13,200.00 13,2M.OO 16,500.00 16,500.00
Church Estates - Light, hest end fabric 43,362.99 43,362.99 24,532.14 24,532.14
Listed Buildings VAT Grant Bchsme 243.00 243.00
Lighting
Faculty		 361.98 12,000.DD 12,361.98 49,638.02 49,638.02
Envimnmentel proiect 3,000.00 3,000.00
Education
Trust		 377.19 377.19 3,300.00 3,300.00
Quinquennial
report		 2,33940 2,339.40 35,DDD.OO 35,D00.00
Music appeal Iorgan fund 140,0D5.69 14D,005.69 246,480.79 248,480.79
yyimbome
Minster Musical Hergage Trust		 34,106.23 34,106.23 186,000.00 I86,000.00
Furlough
chime		 4,413.27 4,413.27
Minster 900 908.00 908.00
Famgy snd Chgdren worker 90,000.00 9D,OOO.OD
604.98 15,000.00 233,391.50 248,996.48 5,321.27 49,636.02 601,812.93 858,772.22

Activities for Church Total Activities for Church Total
generating activities 2022 generating activities 2021
funds funds
2022 2022 2021 2021
f 2 2 8
Statutory fees 3,672.45 10,935.00 14,607.45 9,719.00 9,719.00
Church
House lettings		 10,889.05 10,889.05 7,088.50 7,088.50
Use of Minster/car park
rent 13,266.84 13,266.84 13,998.21 13,998.21
Wimbome Minster
Limited - re salaries 1,080.00 1,080.00 1,080.00 1,080.00
4,752.45 35,090.89 39,843.34 1,080.00 30,805.71 31,885.71
Analysis
by fund
Unrestricted funds-
general 1,080.00 32,963.55 34,043.55 1,080.00 26,344.25 27,424.25
Unrestricted funds-
designated 3,672.45 535.00 4,207.45 1,203.80 1,203.80
Restricted funds 1,592.34 1,592.34 3,257.66 3,257.66
4,752.45 35,090.89 39,843.34 1,080.00 30,805.71 31,885.71
Unrestrfoted Resthsted Endowment Total Unresthraed Restrirted Endowment Total
furlds funds funds funds funds funds
general general
2022 2022 2022 2021 2021 2021 2021
5 5 8 6 6 5 2
CEFCEDeposg Fund interest PCC 1,200.00 223.22 1,423.22 19.77 7.89 27.66
8 Minster thew 6,831.89 1,347.5S 8,179.45 6,600.40 1,303.26 7,903.56
Odlsr atrsls 165.29 165.29 159.88 159.88
8,031.89 1,570.78 165.29 9,767.96 6,620.17 1,311.15 159.88 8,091.20

Unrestricted Unrestricted Total Unrestricted
funds funds funds
general designated general
2022f 2022
6		 2022
E		 2021
5
Miscellaneous income 57.50 57.50 31.86
Rural Dean allowance 1,945.00 1,945.00 2,100.00
Flower Festival 15,987.40 15,987.40
2,002.50 15,987.40 17,989.90 2,131.86
7 Raising funds
Unrestricted Total
funds
general
2022 2021
E 8
Stewardship and cost ofappeals
Other fundraising costs 233.41
233.41

UnreeMcmd Designated Restricted Total
funds funds funds 2022
2022 2022 2022 2021
6 8 6
Misaonary
and planned		 charitable giving 1,268.96 1,268.96 8,854.76
Diocesan pansh share 107,759AD 107,759.40 102,628.0D
Clergy expenses 739.75 739.75 2,588.81
Salaries and expenses(see note 9) 46,557.12 38,160.94 84,718.06 52,956.01
Hest, light end rnsurence 18,655.58 20,226.21 38,88179 38,105.58
Minorfsbric, repairs snd maintenance 17,044.43 17,044.43 10,491.39
Service expenses 5,670.88 5,792.98 11,463.86 4,732.91
Depreciation of equipment 1,285.90 1,805.71 3,091.61 3,837.19
St Margalsts 169.38 169.38 222.54
Church House expenses (see nots 12) 5,676.32 3,464.25 9,140.57 8,157.33
Ms)or fabric 3,376.86 120.00 179,103.90 182,600.76 511,520.75
Telephone 3,314.41 3,314.41 2,673.67
Postage, stsionery
and		 photocopyrng 9,662.28 9,662.28 9,147.18
Advertising 282.90 282.90
Computer and oflice equipment 3,613.90 3,813.90 2,235.60
Sank charges 911.74 911.74 852.5D
Suhdrlss 1,499.95 46.80 585.08 2,131.83 1,352.58
Repairs 240.80 240.80 342.00
Professional 5,390.12 3,000.00 14,038.40 22,426.52 10,548A4
Independent examiners fee 2,994.00 2,994.00 3,840.DD
Subscriptions, gifts end licences 1,028.02 1,028.02 1,014.06
Family worker resources 2,178.79 2,178.79
219,928.89 3,166.80 282,568.D7 505,663.76 776,001.30

9 Staff costs
2022 2021
5 5
Salaries and National Insurance contributions 71,187.48 50,128.73
Staff and choir expenses 12,170.34 7,772.12
Pension contributions 1,360.24 (4,944.84)
84,718.06 52,956.01

2022 2021
Number Number
5.00 4.00

Church House expen ses
2022 2021
8
Heating and lighting 3,464.25 3,440.91
Cleaning and laundry 3,139.15 1,436.87
Water rates 191.86 245.39
Repairs, maintenance, replacement equipment and furnishings 2,004.70 2,948.16
Miscellaneous 340.61 86.00
9,140.57 8,157.33

Unrestricted Total
funds
designated F
2022 2021
Flower Festival 4,956.20
4,956.20

Restricted Endowment Total Restricted Endowment Total
funds funds funds funds
2022 2022 2022 2021 2021 2021
E 5 F
Revaluation of
investments (36,680.71) (737.27) (37,417.98) 38,609.50 779.94 39,389.44

Cost
At 1 January 2022 68,860.08
At 31 December 2022 68,860.08
Depreciation
and impairment
At 1 January 2022 48,249.33
Depreciation
charged		 in the year 3,091.61
At 31 December 2022 51,340.94
Carrying
amount
At 31 December 2022 17,519.14
At 31 December 2021 20,610.75

Investments
6
Cost or valuation
At 1 January 2022 334,954.37
Additions 1,570.78
Valuation
changes		 (37,417.98)
At 31 December 2022 299,107.17
Canying
amount
At 31 December 2022 299,107.17
At 31 December 2021 334,954.37
2022 2021
Investments
comprise:
Restricted funds
Liberty Global Shares 230.45
Wimborne
Minster Church		 Fund 46,928.43 51,368.12
11,347CBFCE Investment Fund Income Units at market value 229,296.88 259,736.67
276,225.31 311,335.24
Endowment
funds
Mallock 5,553.75 6,291.02
Wimborne
Minster Church		 Fund 16,514.56 16,514.56
The Minster Churchyard Fund 813.55 813.55
22,881.86 23,619.13
299,107.17 334,954.37

Debtors
2022 2021
Amounts
faging due		 within one year: 6 8
Trade debtors
Sundry debtors 20,273.02 15,343.23
Gift aid recoverable 3,410.50 6,505.00
Prepayments
and accrued income		 15,269.00 4,521.91
38,952.52 26,370.14
Creditors: amounts falling due within one year
2022f 2021
6
Trade creditors 25,600.86 7,200.20
Other creditors 1,674.78 2,982.99
Accruals and deferred income 12,321.51 13,919.55
39,597.15 24,102.74

Movement in funds
Balance at Incoming Resources Transfers Revaluations, Balance at
1January resources expended gains and 31
2022 losses December
6 202It
Fixed assets 12,038.10 (1,805.71) 10,232.39
Church Estates Heat &
Light 329.20 33,928.25 (23,859.84) 10,397.61
Pilgrimage
Walk- Signage		 3,895.02 (1,338.99) 2,556.03
Preservation Trust 30,000.00 30,000.00
Warrey Trust for homeless 2,500.00 2,500.00
Churchyard 4,670.39 1,592.34 (6,277.70) 14.97
Governors
flower fund		 1,227.18 1,371.00 2,598.18
Church Estates 9,434.74 (9,202.74) 232.00
Education Trust 5,652.98 377.19 (5,030.32) 999.85
Church Estates 9,410.91 13,200.00 (19,771.61) 2,839.30
Training 2,188.00 (480.00) 1,708.00
Library 2,344.19 2,209.66 4,553.85
Training 2,334.94 300.00 (105.08) 2,529.86
Oasis 117.00 (117.00)
Quinenniat
report		 26,961.56 2,339.40 (14,036.40) 15,264.56
Family Worker 90,000.00 (8,555.78) 81,444.22
Verger fund 20,000.00 (13,000.00) 5,000.00 12,000.00
Organ fund 4,991.98 174,111.92 (179,103.90)
Church Fund CCLA 1,000.00 1,000.00
8 Minster View Deposit
Fund 3,359.96 (3,359.96)
Butcher Fund 1,000.00 1,000.00
Liberty Global Shares 230.45 (230.45)
8 Minster View Investment
Fund 259,736.67 (30,439.79) 229,296.88
Wimborne
Minster Church
Fund 51,368.12 1,570.78 (6,010.47) 46,928.43
Lunch
&chat		 117.30 (117.30)
515,473.95 260,435.28 (282,568.07) 1,420.71 (36,680.71) 458,081.16

Movement
in funds		 Movement
in funds
Balance at Incoming Resources Transfers Balance at
1 January resources expended 31
2022 December
6 203It
Flower Festival 15,987.40 (4,956.20) (11,031.20)
Church House &Aspects 29.39 535.00 564.39
Lighting Faculty 12,000.00 361.98 12,361.98
Dacombe/Children's Fund 6,116.04 (120.00) 5,996.04
Shop Fund 3,672.45 (46.80) 3,625.65
Environmental Project 3,000.00 (3,000.00)
6,145.43 35,194.85 (8,123.00) (10,669.22) 22,548.06
21 Analysis of net assets between funds Analysis of net assets between funds Analysis of net assets between funds
Unrestrloted With Restricted Endowment Total Un/asl/lolsd Wlm Restrimed Endowment Total
funds designations funds designations
2022 2022 2022 2022 2022 2021 2021 2021 2021 2021
6 6 6 6 5 6 5 6 5
Fund balances at 31 December 2022 sre represented by
Tangible assets 7,121.53 10,397.61 17,519.14 8,572.65 12,038.10 20,610.75
Investments 276,225.31 22,881.86 299,107.17 311,335.24 23,619.13 334,954.37
Cunent
assets/(liebg/des) 104,899.38 22,548.06 171,458.24 298,9D5.68 72,142.23 6,145.43 192,100.61 27D,388,27
112,D2D.91 22,548.06 458,D81.16 22,881.86 615,531.99 8D,714.88 6,145.43 515,473.95 23,51Q.13 625,!/53.39

2022 2021
f 8
Support to Ilinster Charities
MARS 651.05 210.21
Wimborne
Foodbank		 1,052.89 3,850.00
DEC Ukraine I Ukraine Appeal 2,468.09
Yambio 8 Sudan Medical 1,805.94 200.00

25 Cash generated
from		 operations 2022
f		 2021
8
(Deficit)/surplus
for the		 year (10,421.40) 168,084.61
Adjustments
for:
Investment
income recognised
in statement		 offinancial activities (9,767.96) (8,091.20)
Fair value gains and losses on investments 37,417.98 (39,389.44)
Depreciation
and impairment
oftangible		 fixed assets 3,091.61 3,637.19
Movements
in working		 capital:
(Increase)
in debtors		 (12,582.38) (22,173.50)
Increase/(decrease)
in		 creditors 15,49441 (49.64)
Cash generated
from		 operations 23,232.26 102,018.02
26 Analysis ofchanges in net funds
The PCC had no debt during
the year.