2023-12-31-accounts

		Unrestricted	Designated	Restricted	Total	Total
		Funds	Funds	Funds		2022
		F.		F.	f	f
Incoming Resources
(Notes 2&3)
Income from donors		106,786		40,067	146,853	101,395
Other voluntary income		6,122			6,122	6,827
Government grants		3,000			3,000
Income from operations		64,209		1,252	65,461	68,556
Income from investment		4,796			4,796	1,359
Total income		184,913		41,319	226,232	178,137
Resources Expended
(Notes 28i3)
Costs ofgenerating	funds	200			200	90
Work ofthe Church		129,913			129,913	130,692
Church Management	5
Administration		3,742			3,742	3,281
Other expenditure		30,219	4,254	1,700	36,173	25,054
Total expenditure		164,074	4,254	1,700	170,028	159,117
Net incoming/(outgoing)
resources		20,839	(4,254)	39,619	56,204	19,020
Balances at 1stJanuary 2023		69,722	50,000	42,566	162,288	143,268
Transfer between funds		(7,500)	50,045	(42,545)
Balances at 31' December
2023		83,061	95,791	39,640	218,492	162,288

				2023		2022
						f
Fixed Assets		Note
Tangible fixed assets, at cost less
depreciation					38,291
Current Assets
Debtors		5	17,328			18,366
Short term deposits			145,290			102,583
Cash at bank and	in hand		30,941			49,682
Petty cash			267			267
			193,826			170,898
Less:
Liabilities
Creditors falling	due
within one year		6	13,625			8,610
Net current assets					180,201	162,288
Total Net Assets					218,492	162,288
Funds
Unrestricted Funds					83,061	69,722
Designated Funds
Maintenance	Fund		30,000			30,000
West Window	Fund		10,000			10,000
MAP Projects	Fund		17,500			10,000
Re:Capitalised	Assets		38,291
					95,791	50,000
Restricted Funds		38			39,640	42,566
					218,492	162,288

2A	Unrestricted	Funds
				2023		2022
						6
	Income from	Donors
	Church open	collections	13,111			11,472
	Tax efficient	giving (including
	stewardship)		73,947			67,756
	Tax rebates received and due		19,728			17,767
					106,786	96,995
	Other Voluntary Income
	Fees		2,477			1,788
	Donations and bequests		3,645			2,539
					6,122	4,327
	Government	grants			3,000
	Income from	Operations
	Trading
	Use ofphotocopier		40			42
	Booksta II
			40			42
	Fund Raising
	Jumble sales	(Note 28)	4,186			1,799
	Other fundraising		77
	Quiz Nights					1,276
	Parish hall lettings		59,906			60,204
					64,209	63,321
	Income from	Investments
	Interest:
	On deposits				4,796	1,359
	Total income				184,913	166,002

St Mary Magdalene —Wandsworth	St Mary Magdalene —Wandsworth	St Mary Magdalene —Wandsworth	Common
Notes to the Accounts for year		ended 31"December 2023 (continued)
Resources Expended
Cost of Generating Funds
				2023	2022
					E
Fund Raising (Note 28)
Jumble sales				200	90
Activities Directly Related			to
the Work ofthe Church
Parish Support Fund				96,900	95,000
Clergy expenses and housing				11,601	6,441
				108,501	101,441
Church and services
Choir and organ				2,723	2,423
Mission and Worship				1,238	1,634
Communication				685
				4,646	4,057
General running expenses
Heat and light				4,877	3,859
Insurance				3,600	3,653
Repairs and maintenance				8,289	17,552
				16,766	25,064
				129,913	130,562
Church Management		&Administration
Administration				1,611	1,216
Examiner's fee				360	360
Parish Office				1,192	1,099
Photocopier maintenance				381	371
Bank charges				198	235
Depreciation (note 4)
				3,742	3,281
Resources expended	carried forward			133,855	133,933

Notes	to the Accounts for year ended 31"December 2023 (continued)
	2023		2022
			E
	Resources expended brought forward	133,855	133,933
	Other Expenditure
	Parish Hall expenses	30,219	18,754
	Total payments	164,074	152,687
	Surplus / (deficit) ofreceipts over payments	20,839	13,315
	Unrestricted funds at 1"January 2023	69,722	66,407
	Transfer to Designated Funds (Note 3A)	(7,500)	(10,000)
	Unrestricted funds at 31"December 2023	63,661	63.722
28	Trading / Fund Raising
	Net income from Jumble Sales f3,986.

Movement of		designated funds
Fund			Balance	Transfers	Expenditure	Balance
			at 01.01.23			at31.12.23
			E			f
Maintenance		Fund	30,000			30,000
West Window		Fund	10,000			10,000
MAP Projects		Fund	10,000	7,500		17,500
Re:Capitalised		Assets		42,545	4,254	38,291
Total Designated Funds			50,000	50,045	4,254	95,791
Restricted Funds
Movement of	restricted funds
Fund			Balance	Income	Expenditure	Balance
			at 01.01.23		/ Transfer	at31.12.23
			f		E
Roof and Fabric			28,670	3,431	1,463	30,638
Organ			7,310	35,472	42,782
Children and	young people			1,481		1,481
Sewing			163			163
Chair			90			90
Rood Screen			1,160			1,160
Servers			937			937
War Memorial		Maintenance	35			35
Music Fund			1,870	935		2,805
Accessibility	Fund		2,331			2331
Restricted Funds			42,566	41,319	44,245	39,640

4	Fixed Assets
					2023	2022
					f	f
	Purchase of	Makin Thirlmere	Digital Organ	in year	42,545
	Depreciation	of Digital organ	in year		(4,254)
					38,291
5	Debtors
					2023	2022
					F.	f
	Tax rebates	due			17,290	18,366
	Debtor re VAT				38
	Sundry debtors
					17,328	18,366
6	Creditors
					2023	2022
					f	f
	Marmalade	Bear Nursery School			3,000	3,000
	Rental deposits				1,762	1,812
	Examiner's fee				360	360
	Diocesan Fees payable					206
	Sundry creditors				8,503	3,232
					13,625	8,610