Ruscombe and Twyford Parochial Church Council Charity registration number 1143142 Report and Aeeounts For the year ended 31 December 2023 Contents Trustee Report Independent Examiner's Report Accounts Notes to the Accounts Four ehurches, ODe family - following Christ Page l of13 final
Ruscombe and Twyford Parochial Church Council Trustees Report & Accounts for the year ended 31" December 2023 Introduction The Parochial Church Council CC) presents its 4nnual report for the year ended 31 December 2023. Reference and administrative inforniation The PCC is a registered charity'.- registration number 1143142. Trustees / members of the PCC who served from l January 2023 until the date this report was approved are:_ Ex Officio Members Vicar vacanc Wardens John Porter Luc Bowle Simon Farrar Il Vice Chair Elecledmembers, Ilieir £yieeledierm of appoinlmeHI (where appropriate) dale ofappoinlmeHÉ /resignalion Deaner S nodRe resentalives Rachel L¢it¢h-Devlin Linda Jackson Alan G nn 201J-2026 2022-2026 04123-2026 Oiher members Kevin Cowle Keith Ha Hon Treasurer Claire Lawrence Karen Ricketts Thanda Mhlan Chris Tennant e Lawrence Cnd Gra Hans Gutmann Katie Sabberton-coe Duncan Steel¢ 2018-2024 2015-2024 202J-2024 2022-2025 2022-2025 2022-2025 2022-2025 2022-2024 2022-2026 2022-2026 2022-2026 secrela Olher oifice liolders (non4rustee5) ASS11 freasurer Karen Ricketts Principal Address.'- Independent Examiner'.- St Mary's Church Office, Station Road, Twyford, Reading, RGIO 9NT Philip Dean. F.C.I.E Independent Examiner 7 Stirling Close Uxbridge Middlesex UB8 2BA Bank..- Santander Pagc 2 of13 final
Ruscombe and Twyford Parochial Church Council Trustees Report & Ac¢ounts for the year ended 31$1 De¢¢mber 2023 Structure Governance and Mana ement The PCC is governed by the Parochial Church CouncAI (Powers) Measure 1956 and the Church Representation Rules. PCC members are re¢ruited in a number of way5 from the electoral roll and are either ex offieio, eleeled by the Annual Parochial Church Meeting (APCM) or co-opted by the PCC in accordance with the Church Representation Rules, and in line with the Constitution of the Local Ecumenical Partnership (LEP) agreed in 2001 (see below). The PCC is responsible for all parish finance and its management and control, in¢luding the appointment of a Treasurer. Members of the PCC are responsibl¢ for keeping a¢¢ounting records whi¢h disclose, with reasonable accuracy, the financial position of the PCC, and enable them l)oth to ascertain the finan¢ial position of the PCC and to ensure that the financial statements comply with the Church Accounting Regulalions 2006, the Charities Act 201 l and the Statement of Recommended Prd¢ti¢e 'A¢counting by Charities, 2015 (SORP- FRSSE) Financial Reporting Standard for Smaller Entities. The PCC is also responsible for safeguarding its assets and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. The PCC is also required to ensure that the financial statements are examined by an independent examiner or auditor prior to presentation to the APCM. In preparing the financial statements. the PCC is rquired io: Select suitable cOunting policies and then apply them consistently. Make judgements and ¢stimal¢s that are reasonable and prudent. Follow applicable accounling standards and statements or recommended best practice. subject to any material departures disclosed and explained in the financial statements. Prepare the financial stalements on a going concern basis unless it is inappropriate to presume that the Charity will remain in operation. The PCC makes all decisions corporat¢ly except that th¢ Standing Committ¢e has d¢legat¢d powers to make decisions between PCC meetings, subjecl to keeping the PCC infornied as fully as necessary. In 2001 a Local Ecumenical Partnership (LEP) was entered inlo between the PCC and the United Refornied Church, Twyford. The ongoing purpose of the LEP is to develop a closer relationship between the Anglican and URC congregations of Ruscombe and Twyford, and to work to a common purpose. The PCC consequently organises and discharges its business through the following governance structure". PCC I LEP Church Members Meeting PCC Standing Cornrnittee I LEP Steering Group Fabric and Finance Sub-commte9 Children & Youth Work sub-committefy Since I" March 2012, the Parish of Ruscombe and Twyford has also been part of ihe Benefice of Ruscombe & Twyford with Hurst. This does not directly impact on the governance structure descrikd above since both PCCS (Ruscombe & Twyford and St Nicholas, Hurst) retain their distinct legal identilies. PCC I LEP Church Members Meetings. Under the LEP constitution, PCC meetings take place concurrently with Church Members Meetings. Wh¢re Icgally requircd, PCC tnetnbers tnay votc 5cparalely on specific agenda items, subject to a valid quorum. During 2023. the LEP Church Memkrs Meeling met on four occasions including the AGM held on 26, April. The PCC also met separately six times in the year to discuss and decide on issues relating solely to the Anglican churches. Page 3 of 13 final
Ruseombe and Twyford Parochial Church Council Trustees Report & Accounts for the year ended 31st December 2023 We have continued to pay particular attention to Safeguarding and to Data Prot¢ction during the year. In line with the policy agreed by the PCC in 2016, revised pay rates for our paid staff were irnplemented on I" April 2023. These apply to our regular employee5 such a5 Youth Worker, Children & Families Worker, Office Team and cleaners. The PCC policy links our pay rates to the Real Living Wage which is published each November by the Living Wage Foundation. To meet our legal duties under the Govemment's Workplace Pensions legislation, an employee pension scheme was introduced on 1° April 2017. At the end of 2023, the scheme had three tnetnbers. Quinquennial inspections for both St Jamcs. and St Mary's, took place in Febtryary 2023. although production of the reports was delayed until the summer. Work is underway to consider the recotnmendations of thes¢ repotts and to identify sources of funding to cover the recommended work on our church buildings. The PCC has continued to add to our Designated Building Reserve as a precaution. Standing policies such as health arKI safety, risk assessment and safeguarding were reviewed during the year, amended where necessary and approved. PCC Standing Committee. Meets as part of ihe LEP Stsering Group which comprises representatives of the PCC and ihc URC Elders. The Steering Group is charged with carrying out the work of the PCC between PCC meetings. In 2023 Ihe LEP Steering Group mel on three occasions. In addition, the Ministy Team members, Churchwardens and other key staff members meet weekly to keep track of day-to-day a¢tiviti¢s and any issues requiring attention. The Finanee and Fabric Sub Committee. Ensures that the finances of the PCC are conducted in a safe and efficient manner and guides the PCC on all financial matters. It ensures that the PCC'S obligation to ensure that the fabric of the churches is well maintained and suitably developed is properly discharged. The Committee is chaired by the Treasurer, with the day to day work carried out by the Treasurer, the Assistant Treasurer and the Churchwardens. The committee met on four occasions in 2023. The Children's And Youth Work Sub Committee. The purpose of this committee is to ensure that our children's, families and youth work within the LEP & Benefice is carried out for the benefit of all young people and children in our villages. The ¢ommittee ensures that all our work with children and young people is rooted in Christ as the Cornerstone. The Committee also provides assurance that appropriate governance arrangements are in place and are effective. it focuses on quality and safety in our activities and is accountable to the two Benefice PCCS. The committee nomially meets once a lerm and is chaired by the Benefice Leader of our Children and Young People'5 WOt*. Three full meetings were held during 2023. Ob'eetives and activities The Ruscombe and Twyford Parochial Church Council (PCC) is a corporate body whose objectives are defined by the Parochial Church Council (Powers) Measure 1956 as 'to co-operate with thc minister in promoting in the ecclesiastical parish the whole mission of the Church. pastoral. evangelistic, social and ecumenical, The PCC also has the responsibility for the maintenance of the Church and Graveyards of St James the Great, Ruscombe, and the Church, Graveyards and Church Centre complex of St Mary the Virgin, Twyford. In carrying out its duties, the PCC pays due regard to Charity Commission Public Benefit guidance when exercising any pow¢rs or duties to which the guidance is relevant. In its ovcrsight of chur¢h activities, the PCC complies with the duty to have due regard to the House of Bishops, guidance on safeguarding children and vulnerable adults, Section 5 of the Safeguarding and Clergy Discipline Measure 2016. This includes ensuring that our Safeguarding Policy is regularly reviewed and updated, that complian¢¢ with the policy is appiopriatcly monitored, and that all relevant employees and volunteers are subject lo DBS checking and appropriate safeguarding training. Page4 of13 final
Ruscombe and Twyford Parochial Church Council Trustees Report & Ae¢ounts for the year ended 31$1 December 2023 Acbievements and Performan¢e It has been a busy year! We remain in Vacancy, and we have been blessed to have the continued support, encouragement and guidan¢e of Revd Helen Charlton. Revd Hclen has worked tirelessly to ensure a 'business as usual, approach is taken. Revd Helen manages the rot4 takes a significant number of services, supports many of us pastorally, and she guides and challenges our thinking in many areas of parish life, this is in addition to her work for the Oxford Diocese. Revd Helen is supported by Revd Graham Theobald who supix)rts primarily at Ruscombe. Revd Juliet Straw and John Boylan have also been very generous with their time, they work extremely well alongside our band of licensed lay preachers. This has meanl that services have continued. and we have been fed, nurtured and challenged spiritually over the last year. Sadly, Paul Minton died in February 2024. Paul was a Licensed Lay Minister for many years her¢. Whilsi Paul retired frorn leading s¢rvic¢s a few years ago we will miss his wisdom. knowledge and humility. We were delighted to welcome +Steven in June to celebrate communion with us and to preach at St Mary's for a joint service across th¢ Benefice and LEP. THRU-meets events conlinued for the majority of the year. 50 members of the church enjoyed a weekend away in Bournemouth led by Revd Helen and Revd Karen Wellman. This was a time where we got to know each other better and drew ¢los¢r to God. The weekend was pivotal in us moving forward together as a family, building relationships where we have grown to support each other over a challenging year. We held a celebration for the coronation of King Charles Ill. Great to have the service played in the ¢hur¢h, followed by a BBQ. Such a great almosphere. In addition, you can never beat a sing-along film, Abba and Mamma Mia 2 gave us an opportunity to"Let it go" with our singing. The PCC, after much dis¢¢mm¢nt, voted in March to move away from the Benefice of Ruscombe & Tf0rd with Hurst and to become a separate Benefice. This was a very difyicult decision to make, but it was felt that we needed to concentrate on Ruscombe & Twyford and that we would look to advertise for a 11-tiMe incumbent to lead us forward. Duncan Steele headed up a team to work on our websile. This was a crucial piece of work that needed to be completed prior to advertising. He worked very hard on this along with our new administrator Harriet Swinyard. The parish profile is nearly ¢omplete. So many of the PCC worked so hard and I would like to thank them all for the work they have done. Not able to name everyone but I would like to mention Lorna Roberts who chaired the team over many months to produce an impressive document. In addition, Hope Lawren¢e has come in at the end and collated the whole profile and fomatted it to be a piece of work thal not only should th¢y all be very proud of but that reflccts us as Twyford and Rus¢ombe, where we have come from, and some of the direction of travel going fonvard. Once the Vacancy is advertised the profile will be available on the website. I have been leading a small ieam working with Hurst and the area dean, Richard Lamey, on how pastorally we separate the Benefice. Phillippa Middleton became our Children's and Families worker in February 2023. This is a shared post with Hurst, so she works 12 hours a week including 2 Sundays for us. Phillippa hit the ground running by coming on the parish weekend and leading the children's work. She leads the Trailblazer sessions and TOTS on Tuesdays as well as delivering school assemblies. It has been a difficult year for this area of work. Numbers on a Sunday have been erratic. The family services conlinue to be extremely popular, and the team always come up with a fun. creative and slightly chaotic way of proclaiming thc Gospel. Connor Heath, our Youth Worker, left in the summer to begin his training towards ordination, and several of the volunteer Trailblazer leaders have stood down after tnany years. We took the decision not to employ another Youth Worker until the Vacancy is filled. The boys group still meet fortnightly on a Monday. Worship is central to our Sunday servi¢es both at St Mary's and St James, Many thanks to the gentlemen who play the organ at St James,. With three tv s¢re¢ns in St Mary's, tech is important, and a few more willing volunteers to help with this would be appreciated- it's really not as scary as it looks. Page5 of13 final
Ruscombe and Twyford Paroehial Chureh Council Trustees Report & Aceounts for the year ended 31S1 December 2023 The worship bands at Twyford are smaller than in previous years. Lois Heath moved away with Connor in September, Matthew Steele headed to university in Bath and Chris Easton has retired from parish musi¢ due to ill health. Chris did the most wonderful job keeping the rota in good order and encouraging us all. Chris played at St James,, St Mary's and at the URC, so him not being in a position to play has left a hole. Coffee is always served at St Mary's and this is important to our pastoral ministy. Pearl Stephenson heads up the leam and we are very grateful to ihem all for the time they give. Numbers remain static which in a Va¢an¢y of this length is encouraging. 11 has been great to welcome new mcmbers to the congregation at both ¢hur¢hes this year, all of whom have actively joined in with things outside of the Sunday services. Spiritual growth is extremely important to us and the homegroups continue to flourish. A 4x4 enquirers group has been running. This course lasts for four weeks and questions and explores together the Christian faith. The same group have mct again for another block of four weeks, where Ihey have decided the focus for the sessions. So gratcful to Revd Helen, Julie Phillippo and Linda Jackson who have been running this. All 5 of our boys group asked to be admitted to communion before confirnialion. Revd Helen ran a ¢ourse with them over three evenings. Whilst pizza and football were important aspects of these evenings, their spiritual growth each week was evident and the Holy Spirit was certainly at work in all of them. Halet Swinyard replaced Fiona Archer-Lock as our Parish Administrator in June. Fiona has moved io Devon. Harriet has settled in very wcll and is both professional and pastoral with all those who make eontsct with the ehurch office. Last year I said "This past year has shown what an amazing church family we are. Jesus is very much at the centre as w¢ build up in our relationship with God, ourselves and each other, and build out into our community and beyond." This year the workload for many continues lo be heavy, but I stand by ihat statement. We are a family with Jesus at the centre. Approved by the PCC on 25 March 2024 and signed on its behalf by.. Lucy Bowley Lay Vice Chair Ruscombe & Twyford PCC Page 6 of13 final
Ruscombe and Twyford Parochial Church Council Trustees Report & Aeeounts for the year ended 315t Deeember 2023 Independent Examiner's Report to the Parochial Chureh Couneil of Ruseombe and Tivyford Thi5 report on the financial statements of the PCC for the year ended 31 December 2023, which are set out on pages 8-13, is in respect of an examination carried out in accordance with the Church Accounting Rcgulalions 2006 ('thc Regulations,) and s.145 of the Charities Act 2011 ('the Act,). Respective responsibilities of the PCC and examiner The charity's trustees. the PCC, are responsible for the preparation of the financial statements. The PCC consider that an audit is not required for this year under se¢tion 144(2) of the Act and thal an independent exatnination is needed. It is my responsibility lo issue this report on those financial statements in accordance with Éhe tenns of the Regulations. Basis of Independent examiner's report My examination was carried out in accordance with the General Directions given by the Charity Commission under s.145 of the Act. An examination includes a review of the accounting records kept by the PCC and a comparison of the financial statements with those records. It also includes consideration of any unusual items or disclosures in the financial ststem¢nts and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and, consequently, I do not express an audit opinion on the view given by the financial statements. Independent examiner's ststemellt In connection with my examination, no matter has come to my attention.. ( l) .' which gives me reasonable cause to believe thal in any material respect ihe requirements to keep accounting records in accordance with section 130 of the Act. and to prepare financial stat¢m¢nts, which accord with the accounting records and comply with the accounting r¢quirem¢nts of the Act and the Regulations have not been mel. or (2) . to which, in my opinion, attention should be drawn in order to enable a proper understanding of the financial statemenls to be reached. Philip Dean. F.C.l.E Independent Examiner 7 Stirling Close Uxbridge Middlesex UB8 2BA Date'.- Page 7 of13 final
Ruscombe and Twyford Parochial Church Council Trust¢es Report & Aceounts for the year ended 31$¢ December 2023 R¢c¢ipt$ and Payments Account 2022 Notes UDrestricted Fund5 Designated Funds R¢stri¢ted Fund5 Total CASH RECEIPTS 138,272 Voluntary income Activities for generating funds Inve5tm¢nt income 2a 127,475 24,512 151,987 27,830 2b 19.078 10,510 29,588 1,705 4,887 4.887 Other cash receipts 2d 167,807 Total cash receipt$ 151,440 35,022 186,462 CASH PAYMENTS Cost of generating voluntary iD¢ome Fundraising ¢ost$ Church a¢tivities Charitable donations ChuTch management administration 2,000 118,056 7,409 3b 1,646 106.759 7,409 9.682 21.802 11.328 128.561 7,409 3d 22,805 25,991 1.097 27.088 150,270 Ttstal eash payments 141,805 32,581 174J86 17.537 NET RECEIPTS I (PAYMENTS) 9,635 2,441 12,076 Transfers between funds NET RECEIPTS I (PAYMENTS) after translers 17,537 9,635 2,441 12,076 157,029 Cash bals at start of year 40,202 102,596 31,768 174,566 174,S66 Cash bals end of year 49,837 102,596 34,209 186,642 Page 8 of13 final
Ruscombe and Twyford Parochial Church Council Trust¢¢s Report & Accounts for the year ended 31. December 2023 Statement of assets and liabilities as at 31 December 2023 2022 Unrestricted Funds Designated Fund5 Restri£ted Funds Total Notes Monetary Assets C&8h a( Bank & CBF 174,566 49,837 102.596 34,209 186.642 174,566 49,837 102,596 34,209 186.642 Other Monetary Assets 21,750 Tax Reclaim Due 22,500 22.500 21,750 22,500 22.500 Liabilities Joo Independent Examiners Fee Mission Payments 500 500 7200 7.600 7.600 7,700 8.100 8,100 Under s.133 of the Act, there is no requirement to place a value on fixed assets. It is in any ¢as¢ d¢¢med that as St. James's. Ruscombe is & Grade I listed building and St. Mary's, Twyford a Grade 11 listed building, it would be almost impossibl¢ lo attribute a valuation. As the Church Centre is attached to St. Mary's and insures with St. Mary's, no valuation of the Church Centre can be ascertained. Consecrated and benefi¢¢d property is excluded from the accounts by s.10(2)(c) of the Charities Act 2011. No value is pla¢¢d on movable church furnishing5 held by the churchwardens on special trusts for the PCC and which require a faculty for disposal. since the PCC considers this to be inalienable property. There were no contingent liabilities. The Notes on Pages 10-13 fotin part of these accounts These financial statements were approved by the PCC on 25 March 2024 and signed on its behalf by.. Lucy Bowl¢y PCC Lay Vice Chair Page 9 of 13 final
Ruscombe and Twyford Parochial Church Council Trustees Report & Aceounts for the year ended 31st December 2023 Notes to Financial Statements l. Accounting PolKcies The financial statements have been prepared in accordance with section 133 of the Charities Act 2011 using the receipts and payments basis and in accordance with th¢ Church AOUntIng Regulations 2006. Receipt5 arc taken into account when cash or ¢heques are received by ihe PCC. Paymenls are recognised when cash is physically handed over or a cheque is written and released. 2. Allalysis of incoming resources 2022 Notes Unrestricted Designated Restrieted Total 2(8) Voluntary incorne R¢¢urrin incotne.. 82,595 Tax efficient planned giving (ex. Tax) 2,969 Collections of loose cash at services 15,179 Other planned giving 5,433 Other individual donations 22,616 Tax recovered on planned giving Tax recovered on unplanned giving. donation5 and collections 84,799 2.947 14.422 2,979 20,836 84,799 2,947 14,422 5,651 20,836 1,492 2,672 590 1.492 129,382 127.475 2.672 130,147 Non-recurrin in¢ome'. ,000 7,890 138.272 Legacies Special appeals 10,000 11,840 24,512 10,000 11.840 151,987 127,475 2(b) Activities for gtntratiThg funds Courses and Events Church Centre letting Fees - weddings. funerals etc 8,032 5,206 1,568 6,420 11.090 19,078 5.427 6.995 6.420 16,173 29.588 5,083 111,510 27,830 2(c) Investment income 1.705 Interest 1,705 4.887 4,887 4,887 4,887 2(d) Other ineoming resourees O Sundries Page 10 of13 final
Ruscombe and Twyford Paroehial Church Council Trustees Report & Accounts for the year ended 31st December 2023 Notes to Financial Statements 3. Allalysig of resources expended 2022 Notes Unrestricted Designated Restricted Total 3{a} Costs of generating voluntary iN£ome 3(b) Fundraising costs Courses and events 2.000 2,000 9,682 9,682 11,328 28 1,646 3(cl Church activities Parish Share HeaL Light, Water, Insurance & Cleaning 7,854 Church Property 1,580 Fees due to Oxford Dioces¢ 3.670 Wedding Expenses IVeTger e.) 3,162 Clergy & Curate expenses 23,983 Youth Work Training Cost of church services 59,865 54,894 54,894 16,136 18,916 9,751 18.916 12,075 2,324 1,141 2,845 2,845 3,355 28,456 3,355 17,116 11,340 1,806 118,056 6,879 128561 106.759 21,802 3(d) Charitable donations Charitable donations 7,409 7,409 7,409 7.409 3(elChureh Management I Administratiot) Print, stationery and telephone Administrative Salaries Sundries Independent Examiner's fee 2,449 19,010 871 475 22,805 4,295 20,939 307 450 25,991 4,295 22,036 307 450 27,088 1,097 1.097 Page 11 of13 final
Ruscombe and Twyford Paroehial Church Council Trnstees Report & Accounts for the year eDded 315t D¢¢emb¢r 2023 Notes to Financial Statements 4. Statement of Disclosure of Trustee and Employee remuneration, expenses and Related Party Transactions The Vicar, Associate Priests and Licensed Lay Ministers {'the Clergy,). who are ex officio members of the PCC, are not employed by the PCC. They are not remunerated for their services on the PCC, but were paid expenses in their respective roles for the chur¢h as detailed above (Note 3(c)) During 2023 no member of the PCC received remuneration or other benefit for their work on the PCC, nor claimed travel expenses, although they may have be¢n entitled to do so for attending meetings. There have been no Related Party transa¢tions. The PCC employed 6 part time employees during 2023, who worked a total average of 64 hours per week with total costs of £53,263. This includes £1,870 of pension costs. There were no Nl costs. 5. Charitsble Donations In 2023 th¢ following donations were made based on 2022 Unrestricted Income. 2022 2023 Home missioiis aiid churcli socielies Christian5 Against Povety Wycliffe Bible Translators Church Army ChTlStian Aid BeTkshire Clergy Charity Secular charllles Yeldall Christian Centres 2,064 500 2,064 1.667 1667 1667 741 717 2,064 7,409 1,667 7.409 During 2023 the PCC and Congregation nominated various services arkd events for a selection of chaTitable causes at which a total of £5348 was raised. The charitable causes included Mission Partners as above, Generators for Ukraine, Woodl¢y Food Bank , RBL Poppy Fund, Berks Historic Churches {Ride and Stride) and others. Giving at 2023 Christmas Servic¢s raised £1,234 for Christian Aid and Christims against Poverty (CAP). As this included online givin& proceeds were not received and remitted until carly 2024. 6. General Fund Analy51S Fund balances brought forward Incoming resources Resourees expended Trallsftrs Fund bal4nees carried forward General Funds 40.202 40202 151,440 151440 141.805 141.805 49,837 49.837 All general ndS are held in cash. Page 12 of 13 final
Ruscombe and Twyford Parochial Church Council Trustees Report & Accounts for the year ended 31. December 2023 Note$ to Financial Statements 7. Designated Fund Analysis Fund balances brought forward Incoming resources Resourees exptnded Tr#nsfers Fund Imlanees carried forward Income Reserve Buildings Reserve 40,602 40,602 61.994 61,994 102 596 J02,596 The income reserve. reflecting approximately /4 of unrestricted annual income, exists to protect the PCC from unexpected increases in expenditure, decreases in income and any cash shortfalls arising from delays in receipt of cash income (particularly Gift Aid). The building maintcnancc reserve reflccts thc PCC'S responsibility for two listed buildings and the increasing probability of significant fLbture expenditure on the buildings. The amount of the income and building reserves are reviewed annually. All designated funds are held in cash. 8. Restricted Fund Analysis Fund balance5 brought forward IncoTning resources Resources exptttded Transfers Fund balances carried forward Twyford Bells Fees to Oxford Diocese Wedding & Funeral Fees Admin Assist and Printing Youth Work rrots St James graveyard St James Building St Mary's Roof grant QI Fees from Diocese Weekend and TV screens deposlt I dons Ruscombe Memorial 2,078 2.078 2,845 -2.845 1.097 12.357 500 10.000 -1,097 -12,372 -500 1.976 3.656 14,614 1.500 1.824 1.961 3.656 24.614 1.500 -1,824 5,720 400 7,082 -12,802 400 09 35.022 -32.581 34 All restricted funds are held in cash. Page 13 of13 final