| PA.GE | |
|---|---|
| Trustees* annual report | |
| Independent examiner's report tothe trustees |
|
| Statement offinancial activities | |
| Statement offinancial position | 13 |
| Statement ofcash flows | 14 |
| Notes to the financial statements | 15 |
| REFERENCE AND ADMINISTRATIV | REFERENCE AND ADMINISTRATIV | E DETAILS |
|---|---|---|
| Registered charity name | The Parochial Church Council ofThe Ecclesiastical Parish ofSt | |
| Mary with All Saints' Putney | ||
| Charity registration | number | 1138266 |
| Principal ofIice | StMarys Church, Putney High Street, Putney, London SW15 1SN | |
| THE TRUSTEES | ||
| Clergy | Revd John Whittaker | |
| Revd. Dr Daniel Trott | ||
| Revd Jonathan Haynes (resigned 3L0722) | ||
| Revd Jane Andrews | ||
| Revd Helena Whittaker (appointed 100523) |
||
| Parish wardens | Clemancy Gordon-Martin (resigned 10.0523) |
|
| Sarah Thomas (appointed 10.05.23) |
||
| Andrew Grocott | ||
| District wardens -StMary's Church | Angela Attah (term ofoflice completed 10.05.23) | |
| Christiaan DeLange (term ofoflMe completed 10.0523) | ||
| Linda O'Riordan (appointed 10.0523) |
||
| Karen Todd (appointed 10.05.23) | ||
| District wardens - All Saints' Church | Kate Innes (term ofoffice completed I0.0523) | |
| Sarah Thomas (term ofoflice completed 1005.23) | ||
| Alison Fleming (appointed 10.05.23) | ||
| Oliver Todd (appointed 10.0523) |
||
| Diocesan Synod Representative | Graham Shaw | |
| Deanery Synod Representatives: | ||
| StMary's Church | Richard Holman | |
| Alex Lowe (appointed 10.0523) | ||
| Neil Vass (appointed 10.05.23) | ||
| All Saints' Church | Jane Turner | |
| Rosie Taylor-Davies | ||
| PCC Members. | Eve Bradshaw (appointed 10.05.23) |
|
| StMary's Church | Nikki Cornfield (term ofoflice completed 10.05.23) | |
| Mark Leadley | ||
| Alex Lowe (term ofoflice complctcd 10.05.23) | ||
| Tangwena Nelson (resigned 11January 2022) | ||
| Charles Roberts | ||
| Adrian Weed (term ofoffice completed 10.0523) | ||
| Thomas Willoughby |
| REFERENCE AND ADMINISTRATIV | REFERENCE AND ADMINISTRATIV | E DETAILS | E DETAILS | E DETAILS |
|---|---|---|---|---|
| Registered charity name | The Parochial Church Council ofThe Ecclesiastical Parish ofSt | |||
| Mary with All Saints' Putuey | ||||
| Charity registration | number | 1138266 | ||
| Principal of5ce | StMarys Church, Putuey High Street, | Putney, London SW15 1SN | ||
| THE TRUSTEES | ||||
| Clergy | Revd. John Whittaker | |||
| Revd Dr Daniel Trott | ||||
| Revd Jonathan Haynes (resigned 31.0722) | ||||
| Revd Jane Andrews | ||||
| Revd Helena Whittaker (appointed 1005.23) |
||||
| Parish wardens | Clemaucy Gordon-Martin (resigned 10.0523) |
|||
| Sarah Thomas (appointed 10.05.23) | ||||
| Andrew Grocott | ||||
| District wardens - StMary's Church | Angels Attah (term ofof6ce completed | 10.05.23) | ||
| Christen De Lange (term ofof6ce completed 10.05.23) | ||||
| Linda O'Riordau (appointed 10.05.23) |
||||
| Karen Todd (appointed 10.05.23) | ||||
| District wardens - All Saints' Church | Kate Innes (term ofofhce completed | 10.0523) | ||
| Sarah Thomas (term ofofGce completed 10.05.23) | ||||
| Alison Fleming (appointed 10.0523) | ||||
| Oliver Todd (appointed 10.05.23) |
||||
| Diocesan Synod Representative | Graham Shaw |
|||
| Deanery Synod Representatives: | ||||
| StMary's Church | Richard Holman | |||
| Alex Lowe (appointed 10.0523) | ||||
| Neil Vass (appointed 10.05.23) | ||||
| All Saints' Church | Jane Turner | |||
| Rosie Taylor-Davies | ||||
| PCC Members | Eve Bradshaw (appointed 10.05.23) |
|||
| StMary's Church | Nikki Corn5eld (term ofofhce completed 10,05.23) | |||
| Mark Leadley | ||||
| Alex Lowe (term ofofEcecompleted | 10.0523) | |||
| Tangwena Nelson (resigned 11January | 2022) | |||
| Charles Roberts | ||||
| Adrian Weed (term ofof6ce completed | 10.05.23) | |||
| Thomas Willoughby |
| Y | EAR | ENDE | D 31DECEM | BER 2622 | |||
|---|---|---|---|---|---|---|---|
| 2022 | 2021 | ||||||
| Unrestricted | Restricted | ||||||
| funds | funds | Total funds | Total funds | ||||
| Note | |||||||
| Income and endowments | |||||||
| Donations and legacies |
379,849 | 36,116 | 415,965 | 383,519 | |||
| Charitable activities |
87,195 | 87,195 | 55,207 | ||||
| Other trading activities | 32918 | 32,918 | 56,683 | ||||
| Investment income |
70,232 | 70,507 | 63,961 | ||||
| Other income | 5,872 | 5,872 | 11,521 | ||||
| 'fotal income | 576,066 | 36,391 | 612,457 | 570,891 | |||
| Expenditure | |||||||
| Expenditure on raismg funds: |
|||||||
| Costs ofraising donations | and | ||||||
| lcgacics | 9 | 675 | |||||
| Investment management costs Expenditure oncharitable activities |
16 11,12 |
10,009 625,829 |
36,649 | 10,009 662,478 |
11,337 589,601 |
||
| 36,649 | 672,487 | 601,613 | |||||
| Net income / (resources | expended) | (59,772) | (258) | (60,030) | (30,722) | ||
| Net gains/{losses) on investments | 13 | {46,847) | (46,847) | 30,278 | |||
| Transfers between funds | 4,683 | {4,683) | |||||
| Net movement m funds |
(101,936) | (4,941) | (106,877) | (444) | |||
| Reconciliation offunds | |||||||
| To~Ifunds brought forward aspreviously | |||||||
| reported | 1,895,630 | 267,604 | 2,163,234 | 2,163,678 | |||
| 1,793,694 | 262,663 | 2,056,357 | 2,163,234 |
| 2022 | 2021 | |||
|---|---|---|---|---|
| Note | ||||
| FIXEDASSETS | ||||
| Tangible fixed assets | 363,993 | 367,443 | ||
| Investments | 1,400,768 | 1,447,027 | ||
| 1,764,761 | 1,814,470 | |||
| CURRENT ASSETS | ||||
| Debtors | 20 | 60,333 | 54,902 | |
| Cash at bank and in hand | 264,643 | 328,297 | ||
| 324,976 | 383,199 | |||
| CREDITORS: amounts | falling due within one | |||
| year | 21 | (33,380) | (34,435) | |
| NET CURRENT ASSETS | 291,596 | 348,764 | ||
| TOTAI ASSETSLESS | CURRENT LIABILITIES | 2,056,352 | 2,163,234 | |
| FUNDS GFTHE CHAIUTY | ||||
| Restricted funds | 262,663 | 267,604 | ||
| Unrestricted funds |
1,793,694 | 1,895,630 | ||
| Total charity funds | 2,056,357 | 2,163,234 |
| PARISH OFSTMARY WITH ALL SAINTS STATEMENT OFCASH FLO%S YEARENDED 31DECEMBER2022 |
' PU'HWKY | |
|---|---|---|
| 2021 | ||
| CASH FLO%SFROM OPERATING ACTIVITIES | ||
| Net (expenditure)/income | (106,877) | (444) |
| Adjustments for: | ||
| Depreciation oftangible fixed assets | 3,450 | 4,972 |
| Net losses / (gains) on investments | 46,847 | (30,278) |
| Other interest receivable and similar income | (70,507) | (63,961) |
| Changes in: | ||
| Trade and other debtors | (5,431) | (899) |
| Trade and other creditors | (1,055) | 10,685 |
| Cash generated from operations | (133,573) | (79,925) |
| Interest received | 70,507 | 63,961 |
| Net cash (used in)/Rom operating activities | (63,066) | (15,964) |
| CASH FLO%'SFROM INVESTING ACTIVITIES | ||
| Purchase oftangible assets | (9,427) | |
| Purchases ofother investments | (588) | (554) |
| Net cash used in investing activities |
(588) | (9,981) |
| NET (DECREASE)/INCREASE IN CASH AND CASH | ||
| EQUIVALENTS | (63,654) | (25,945) |
| CASH AND CASH EQUIVALENTS ATBEGINNING OFYEAR | 328,297 | 354,242 |
| CASH AND CASH EQIJIVALENTS ATEND OFYEAR | 264,643 | 328,297 |
| DONATIONS AND LEGACIES | |||
|---|---|---|---|
| Unrestricted | Restricted | Total Funds | |
| Funds | Funds | 2022 | |
| DONATIONS | |||
| Gift Aid donations Income TaxRecoverable |
245,596 66,739 |
245,596 66,739 |
|
| GIFTS | |||
| Collections | 31,390 | 31,390 | |
| Donations | 36,124 | 36,116 | 72,240 |
| 379,849 | 36,116 | 415,965 | |
| Unrestricted | Restricted | Total Funds | |
| Funds | Funds | 2021 | |
| DONATIONS | |||
| Gift Aid donations | 246,446 | 246,446 | |
| Income TaxRecoverable | 61,994 | 565 | 62,559 |
| GIFTS | |||
| Collections | 16,040 | 16,040 | |
| Donations | 11,156 | 47,318 | 58,474 |
| 335,636 | 47,883 | 383,519 |
| CHARIT | ABLE | ACTIV1TIKS | ||||
|---|---|---|---|---|---|---|
| Unrestricted | Total Funds | Unrestricted | Total Funds | |||
| Funds | 2022 | Funds | 2021 | |||
| Church Lettings | 70,319 | 70,319 | 42,447 | 42,447 | ||
| Magazine | advertising | 1,233 | 1,233 | 367 | 367 | |
| Wedding/Funeral | Fees | 15,643 | 15,643 | 12,393 | 12,393 | |
| 87,195 | 87,195 | 55/07 | 55,207 |
| OTH | ER TRADING ACTIVITIE | S | |||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Funds | ||
| Funds | Funds | 2022 | |||
| fr | |||||
| Trust | Income | 31,718 | 31,718 | ||
| Other | grants | 1400 | 1,200 | ||
| 32,918 | 32,918 | ||||
| Unrestricted | Restricted | Total | Funds | ||
| Funds | Funds | 2021 | |||
| Trust | Income | 51,683 | 51,683 | ||
| Other | grants | 5,000 | 5,000 | ||
| 51,683 | 5,000 | 56,683 |
| INVES | TMENT INCOME | |||
|---|---|---|---|---|
| Unrestiicted | Restricted | Total Funds | ||
| Funds | Funds | 2022 | ||
| Church | Property Rental Income | 59,971 | 59,971 | |
| Interest | and Dividends | 10/61 | 275 | 10,536 |
| 70@32 | 275 | 70,507 | ||
| Unrestricted | Restricted | Total Funds | ||
| Funds | Funds | 2021 | ||
| Church | Property Rental Income | 53,876 | 53,876 | |
| Interest | and Dividends | 10,077 | 10,085 | |
| 63,953 | 63,961 |
| Unrestricted | Total Funds | ||
|---|---|---|---|
| Funds | 2022 | ||
| Events | 5,846 | 5,846 | |
| Other income | 26 | 26 | |
| 5,872 | 5,872 | ||
| Unrestricted | Total Funds | ||
| Funds | 2021 | ||
| Events | 2,980 | 2,980 | |
| Other income | 84 | 84 | |
| Coronavirus | Job Retention grants | 8,457 | 8,457 |
| 11,521 | 11,521 |
| 9. | COSTSOF | RAISING 9ONATIO | NS AND LEGAC | IES | ||
|---|---|---|---|---|---|---|
| Restricted | Total Fends | Restricted | Total Funds | |||
| Funds | 2022 | Funds | 2021 | |||
| Fundraising | Event Costs | 675 | 675 | |||
| 10. | INVESTMENT MANAGEMENT | COSTS | ||||
| Unrestricted | Total Funds | Unrestricted | Total Funds | |||
| Funds | 2022 | Funds | 2021 | |||
| Let property | ||||||
| Maintenance | 3,479 | 3,479 | 4,578 | 4,578 | ||
| Service charges and other costs | 5,072 | 5,072 | 4,515 | 4,515 | ||
| Letting Commission | 1,458 | 1,458 | 2,244 | 2,244 | ||
| 10,009 | 10,009 | 11,337 | 11,337 |
| 11. EXPENDITURE ON Cmi | QUTABLE ACT | IVITIES BYFUND T | YPE | |
|---|---|---|---|---|
| Unrestricted | Restricted | Total Funds | ||
| Funds | Funds | 2022 | ||
| Missionary and Charitable |
Giving | 2,908 | 30,404 | 33,312 |
| Diocesan Parish Support Fund | 320,164 | 320,164 | ||
| Clergy expenses and accommodation | 29,608 | 29,608 | ||
| Salaries and NIC Lay Staff | 91,316 | 91,316 | ||
| Organists, choirs and music |
18,408 | 18,408 | ||
| Teaching and evangelism | 1,818 | 3,272 | 5,090 | |
| Service expenses | 4,078 | 4,078 | ||
| Event expenses Light, Heat k Water |
14,163 40,793 |
14,163 40,793 |
||
| Insurance | 8,159 | 8,159 | ||
| Maintenance - Buildings and Grounds | 58,067 | 58,067 | ||
| Cleaning and Waste Disposal | 5,059 | 5,059 | ||
| Parish Magazine | 1,200 | 1,200 | ||
| Church Letting Expenses | 5+15 | 5,215 | ||
| Office rent | (2,000) | (2,000) | ||
| Telephone B'cInternet Printing, Postage 4 Stationery |
5,080 7,672 |
5,080 7,672 |
||
| ITSupport and sofbvare | 1,647 | 1,647 | ||
| Equipment | 1,333 | 1,333 | ||
| Subscriptions | 210 | 2,400 | 2,61Q | |
| Baxk Charges and Interest | 946 | 143 | 1,089 | |
| Sundry expenses | 1,051 | 57 | 1,108 | |
| Depreciation | 3,077 | 373 | 3,450 | |
| StaffRecruitment and welfare |
798 | 798 | ||
| Accounts examination | 5,059 | 5,059 | ||
| 625,829 | 36,649 | 662,478 | ||
| Unrestricted | Restricted | Total Funds | ||
| Funds | Funds | 2021 | ||
| Missionary and Charitable Giving |
3,370 | 46,512 | 49,882 | |
| Diocesan Parish Support Fund | 320,164 | 320,164 | ||
| Clergy expenses and accommodation Salaries and NIC Lay Staff Organists, choirs and inusic |
21,161 84,026 11,497 |
1,674 | 22,835 84,026 11,497 |
|
| Teaching and evangelism | 1,841 | 1,841 | ||
| Service expenses | 4/03 | 4,303 | ||
| Light, Heat A Water | 16,083 | 16,083 | ||
| Insurance | 7,801 | 7,801 | ||
| Maintenance - Buildings and Grounds |
37,453 | 37,453 | ||
| Cleaning and Waste Disposal |
2,463 | 2,463 | ||
| Parish Magazine | 1,881 | 1,881 | ||
| Church Letting Expenses | 2,Q85 | 2,085 | ||
| Telephone &Internet Printing, Postage 8r, Stationery |
4,010 4,579 |
4,010 4,579 |
| 1TSupport | 1,592 | 1,592 | ||
|---|---|---|---|---|
| Equipment and sofitware |
988 | 988 | ||
| Bank Charges and | Interest | 540 | 687 | |
| Sundry Items | 3,381 | 3,381 | ||
| Depreciation | 4,599 | 373 | 4,972 | |
| StaffRecruitment | and welfare | |||
| Support costs | 7,078 | 7,078 | ||
| 540,895 | 48,706 | 589,601 |
| Wider | Total | |||||
|---|---|---|---|---|---|---|
| Giving | Ministry | Facilities | Church | 2022 | ||
| Parish Support Fund | 212,300 | 107,864 | 320,164 | |||
| Lay staff | 37,752 | 13,383 | 40,181 | 91,316 | ||
| Other expenses | .33,312 | 75,745 | 117+93 | 24,648 | 250,998 | |
| 33,312 | 325,797 | 130,676 | 64,829 | 107,864 | 662,478 | |
| Wider | Total | |||||
| Giving | Ministry | Facilities | Admin | Church | 2021 | |
| Parish Support Fund | 211,100 | 109,064 | 320,164 | |||
| Lay staff | 35,374 | 11,279 | 37,373 | 84,026 | ||
| Other expenses | 49,882 | 42,357 | 65,885 | 27287 | 185,411 | |
| 49,882 | 288,831 | 77,164 | 64,660 | 109,064 | 589,601 |
| NET GAINS /LOSSESON INVEST | MENTS | |||
|---|---|---|---|---|
| Unrestricted | Total Funds | Unrestricted | Total Funds | |
| Funds | 2022 | Funds | 2021 | |
| (Losses) / Gains on listed investments | (46,847) | (46,847) | 30/78 | 30/78 |
| NET (EXPENDITURE)/INCOME | ||||
| Net (expenditure)/income is stated after |
charging/(crediting): | |||
| 2022 | 2021 | |||
| Depreciation oftangible fixed assets | 3,450 | 4,972 |
| 2022 | 2021 | |||
|---|---|---|---|---|
| Fees payable | tothe independent | examiner for: | ||
| Independent | examination ofthe | 6nancial statements | 5,059 | 6,578 |
| STAFFCOSTS | |||
|---|---|---|---|
| The total staffcosts and | employee bene6ts forthe reporting | period are analysed as |
follows: |
| 2022 | 2021 | ||
| Wages and salaries | 88,506 | 81,790 | |
| Social security costs | 1,035 | 1,031 | |
| Employer contributions | to pension plans | 1,775 | 1,205 |
| 91,316 | 84,026 |
| TANGIBLE FIXEDASSETS | |||
|---|---|---|---|
| Land and | |||
| buildings | Equipment | Total | |
| Cost | |||
| At 1January 2022 | 352,724 | 123,794 | 476,518 |
| Disposals | (10,973) | (10,973) | |
| At31December 2022 | 352,724 | 112,821 | 465,545 |
| Depreciation | |||
| At 1January 2022 | 109,075 | 109,075 | |
| Disposals | (10,973) | (10„973) | |
| Charge forthe year | 3,450 | 3,450 | |
| At 31December 2022 | 101,552 | 101,552 | |
| Carrying amount |
|||
| At 31December 2022 | 352,724 | 11,269 | 363,993 |
| At 31December 2021 | 352,724 | 14,719 | 367,443 |
| INVKSTMKÃTS | |||
|---|---|---|---|
| Listed | Investment | ||
| investments | properties | Total | |
| s | |||
| Cost orvaluation | |||
| At 1 January 2022 | 547,027 | 900,000 | 1,447,027 |
| Additions | 588 | 588 | |
| Fair value movements | (46,847) | (46,847) | |
| At 31December 2022 | 600,768 | 900,000 | 1,400,768 |
| Carrying amount | |||
| At 31December 2022 | 500,768 | 900,000 | 1,400,768 |
| At 31December 2021 | 547,027 | 900,000 | 1,447,027 |
| DEBTORS | |||
|---|---|---|---|
| 2022 | 2021 | ||
| Income TaxRecoverable | 18,562 | 17,248 | |
| StMary's Parish Trust | 24,448 | 23,980 | |
| Prepayments | and accrued income | 13,228 | 10,851 |
| Other debtors | 4,095 | 2,823 | |
| 60,333 | 54,902 |
| CREDITORS: amounts falling due within one year |
||
|---|---|---|
| 2022 | 2021 | |
| Trade creditors and accrued expenses | 28,839 | 28,005 |
| Tenancy Deposit | 2,661 | 2,487 |
| Deferred Income | 1,880 | 3,943 |
| 33,380 | 34,435 |
| ANALYSIS OFNET ASSETSBET | WEEN FUNDS | ||
|---|---|---|---|
| Unrestricted | Restricted | Total Funds | |
| Funds | Funds | 2022 | |
| Tangible fixed assets | 362,128 | 1,865 | 363,993 |
| Investments | 1,400,768 | 1,400,768 | |
| Net Current assets | 30,798 | 260,798 | 291,596 |
| Net assets | 1,793,694 | 262,663 | 2,056,357 |