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|Vacant|
|---|
|Ed Green OBE|
|DrJenny Ireland|
|Rachel Cooper|
|ElinJones|
|Elizabeth Anne Haldane|
|Tom Butler|
|Pat Medlen (Joint PCC Treasurer)|
|David Pearson (Vice-Chair)|
|Jeremy Sharp|
|Jesse Sibley|
|Nicola Walworth|
|David Pearson|
|Eleanor Davies (Joint PCC Treasurer)|
|Ed Green OBE|
|Jane Oldham
(exofficio PCC member)|
|Mario Koureas
FCCA|
|Hetherington
and Co Ltd|
|Chartered
Certified Accountants|
|289 Green Lanes|
|N13 4XS|
|Barclays Bank PLC|
|191Earls Court Road|
|London|
|SWS 9AW|
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||||||General|Designated|Restricted|Total|Total|
|---|---|---|---|---|---|---|---|---|---|
||||||Funds|Funds|Funds|Funds|Funds|
|||||Note.|2023|2023|2023|2023|2022|
||||||E|E|E|f|E|
|Income and endowments|||from:|||||||
|Voluntary
Income||||2.1|32,313||22,975|55,288|47,036|
|Activities for generating||funds||2.2|69,537|||69,537|57,621|
|Income from Investments||||2.3|78,717|||78,717|49,558|
|Church activities||||2.4|32,700|||32,700|29,088|
|Other income||||2.5|||||4,550|
|Total income|||||213,267||22,975|236,242|187,853|
|Expenditure
on:||||||||||
|Church
activities||||3.1|206,883||11,482|218,365|169,005|
|Raising funds||||3.2|79,781|||79,781|88,146|
|Total expenditure|||||286,664||11,482|298,146|257,151|
|Net income /(expenditure)|||and net|||||||
|movement
in funds before|||gains/ (losses)|||||||
|on investments||||5|(73,397)||11,493|(61,904)|(69,298)|
|Gains/(Losses)
on|investments.||||620,743|||620,743|(109290)|
|Net Income/(Expenditure)|||for the year||547,346||11,493|558,839|(178,588)|
|Transfer between|funds|||13|93,317|(93,317)||||
|Net Movement
in|Funds||||640,663|(93,317)|11,493|558,839|(178,588)|
|Reconciliation
offunds||||||||||
|Total funds brought|forward||||3,158,164|93,317|23,997|3,275,478|3,454,066|
|Total funds carried|forward||||3,798,827||35,490|3,834,317|3,275,478|
##
|||||2023||2022|
|---|---|---|---|---|---|---|
|||Notes||f||E|
|FIXEDASSETS|||||||
|Tangible fixed assets||||1,290,248||1,727,391|
|Investment
property||||2,500,000||1,444,090|
|||||3,790,248||3,171,481|
|CURRENT ASSETS|||||||
|Debtors||8|21,728||7,873||
|Cash at bank and in hand|||73,106||137,602||
|TOTAL CURRENT ASSETS|||94,834||145,475||
|CREDITORS: Amounts|falling||||||
|due within one year||9|(34,098)||(41,478)||
|NET CURRENT ASSETS||||60,736||103,997|
|CREDITORS: Amounts|falling||||||
|due after one year||9.1||(16,667)|||
|NET ASSETS/ (LIABILITIES)||||3,834,317||3,275,478|
|PARISH FUNDS|||||||
|General
Funds||13||3,798,827||3,158,164|
|Designated
Funds||14||||93,317|
|Restricted
Funds||15||35,490||23,997|
|||||3,834,317||3,275,478|
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|2.|INCOME AND||NDO|W|ME|NTS|||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||||General|Designated|Restricted|Total|Total|
|||||||||Funds|Funds|Fund|2023|2022|
|||||||||E|E|E|E|E|
|2.1|VOLUNTARY INCOME||||||||||||
||Planned
giving;||||||||||||
||Covenants
and|gift aid|||donations|||11,052|||11,052|11,634|
||Tax recoverable|||||||8,237|||8,237|4,280|
||Uncovenanted|and non gift aid|||||||||||
||donations|||||||12,232||19,849|32,081|17,798|
||Sundry offerings|||||||88|||88|210|
||Youth Groups|||||||704|||704|499|
||Missionary
giving(inc.||||tax|recoverable)|||||||
||Other voluntary||incoming|||resources|||||||
||Legacies||||||||||||
||Grants|||||||||3,126|3,126|12,504|
|||||||||32,313||22,975|55,288|47,036|
|2.2|ACTIVITIES FOR||GENERATING||||FUNDS||||||
||Rent from functional|||property||||36,290|||36,290|38,040|
||Car park and garage|||||||33,247|||33,247|19,581|
|||||||||69,537|||69,537|57,621|
|2.3|INCOME FROM||INVESTMENTS||||||||||
||Rent from investment||||property|||75,781|||75,781|48,583|
||UK Bank interest|||||||2,936|||2,936|975|
|||||||||78,717|||78,717|49,558|
|2.4|INCOME FROM||CHURCH|||ACTIVITIES|||||||
||Fees (net of LDF||proportion)|||||573|||573|1,576|
||Letting ofchurch||hall|||||32,098|||32,098|27,428|
||Sundry income|||||||29|||29|84|
||Church weekend||||||||||||
|||||||||32,700|||32,700|29,088|
|2.5|OTHER INCOME||||||||||||
||Insurance
Claim-storm||||damage|||||||4,550|
|||||||||||||4,550|
|||||||||213,267||22,975|236,242|187,853|
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|3. EXPENDITURE|3. EXPENDITURE||||General|Designated|Restricted|Total|Total|
|---|---|---|---|---|---|---|---|---|---|
||||||Funds|Funds|Funds|2023|2022|
||||||E|E|E|f|E|
|3.1|CHURCH ACTIVITIES|||||||||
|(i)|Outreach
octivities and grants|||||||||
||Christian
Agencies and fees||||||86|86||
||Overseas mission and missionary||giving||42||34|76||
||||||42||120|162|111|
|(ii)|Activities directly relating
to the|work of||||||||
||the church|||||||||
||Ministry:
Common
Fund||||70,209|||70,209|70,209|
||Clergy expenses||||431|||431||
||Church
Hall costs||||19,543|||19,543|15,616|
||Church weekend|||||||||
||Church
running
expenses||||37,364||11,362|48,726|42,276|
||Church
routine
maintenance||||1,667|||1,667|3,755|
||Major property
repairs||||2,609|||2 609|101|
||||||131,823||11,362|143,185|131,957|
|(iii)|Church management
and administration|||||||||
||Administration
and professional|fees|||68,421|||68,421|31,307|
||Accountancy
Fees||||6,597|||6,597|5,630|
||||||75,018|||75,018|36,937|
||TOTAL CHARITABLE EXPENDITURE||||206,883||11,482|218,365|169,005|
|3.2|RAISING FUNDS|||||||||
|(i)|Expenditure
on 72Edith Road|||||||||
||Repairs and running
costs -72 Edith Road||||27,030|||27,030|40,267|
||Management
fees —72 Edith Road||||10,090|||10,090|5,039|
||Administration
fees —72 Edith Road|||||||||
||Depreciation||||||||10|
||||||37,120|||37,120|45,316|
||Other Expenditure
onfund raising||activities|||||||
|(ii)|Event costs||||2,496|||2,496|2,480|
|(iii)|Expenditure
on 3Edith Rood-functional|||asset||||||
||Repairs and running
costs —3 Edith||Road||34,298|||34,298|36,850|
||Management
fees —3 Edith Road||||3,242|||3,242||
||Depreciation||||2,625|||2,625|3,500|
||||||42,661|||42,661|42,830|
||TOTAL FUND RAISING EXPENDITURE||||79,781|||79,781|88,146|
||TOTAL EXPENDITURE||||286,664||11,482|298,146|257,151|
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|7.|INVESTMENT PROPERTY|||2023|2022|
|---|---|---|---|---|---|
||At valuation:|||E|E|
||Opening
balance 1January|2023||1,444,090|1,553,380|
||Transfer
NBV ofpreviously|functional|proportion|435,167||
||Revaluation
in year|||620,743|(109,290)|
||Closing balance 31December 2023|||2,500,000|1,444,090|
##
|8.|DEBTORS|||||||
|---|---|---|---|---|---|---|---|
||||||2023|2022||
||||||E|E||
||Taxation recoverable||||1,763||906|
||Accrued income|and prepaid||expenses|19,965|6,967||
||||||21,728|7,873||
|9.|CREDITORS: AMOUNTS||FALLING|||||
||DUE WITHIN ONE YEAR|||||||
||||||2023|2022||
||||||E|||
||Taxation, socialsecurity||and|pensions|1,550|1,173||
||Monies received|in advance|||3,000|6,613||
||Other creditors|and accruals.|||8,215|15,692||
||Loan from Diocese||||3,333|||
||Other Loan (see|note 17)|||18,000|18,000||
||||||34,098|41,478||
|9.|CREDITORS: AMOUNTS||FALLING|||||
||DUE AFTER ONE|YEAR||||||
||||||2023|2022||
||||||E|E||
||Loan from Diocese||||16,667|||
||||||16,667|||
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|ANALYSIS OF NET ASSETS BYFUND|||||
|---|---|---|---|---|
||General|Designated|Restricted|Total|
||Funds|Funds|Funds|2023|
||6|E|6|E|
|Fixed assets|3,790,248|||3,790,248|
|Current assets|59,344||35,490|94,834|
|Creditors|(50,765)|||(50765)|
|Fund balance|3,798,827||35,490|3,834,317|
##
||||||Funds|Surplus/|Transfer|Re-classify|Funds|
|---|---|---|---|---|---|---|---|---|---|
||||||brought|(deficit)|from other|properties|carried|
||||||forward|in year|funds|due to use|forward|
|Accumulated||funds|||9,350|(70,772)|93,317||31,895|
|Church -operating|||reserves||9350|(70,772)|93,317||31,895|
|Investment||property||reserve|1,426,814|620,743||430,500|2,478,057|
||||||1,426,814|620,743||430,500|2,478,057|
|Functional|property|||reserve|1,722,000|(2,625)||(430,500)|1288 875|
||||||1,722,000|(2 625)||(430,500)|1,288,875|
|Total general||funds|||3,158,164|547,346|93,317||3,798,827|
##
|held|for|a specified|purpose.||||||
|---|---|---|---|---|---|---|---|---|
||||||Funds|Surplus /|Transfer to|Funds|
||||||Brought|(deficit)|General|Carried|
||||||Forward|in year|funds|Forward|
||||||6|E|E|E|
|Edith|Rd|-property|maintenance|fund|93,317||(93,317)||
||||||93,317||(93,317)||
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|15.|RESTRICTED FUNDS||Funds|||Funds|
|---|---|---|---|---|---|---|
||||Brought|Received|Funds|Carried|
||||Forward|in year|Used|Forward|
|||||f|||
||Children's
worker||8,150|3,126|11,276||
||Kitchen and flower room||||||
||refurbishment
fund||6,305|||6,305|
||Church
Refurbishment||5,648|||5,648|
||Church weekend
fund||143|||143|
||Specific missionary||34||34||
||Sound System||217|19,763||19,980|
||Outreach
fund||3,414|||3,414|
||Piano tuning
fund|||85|85||
||Retirement
collection|R Curl|86||||
||||23,997|22,974|11,481|35,490|
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