| INDEX | Page | |
|---|---|---|
| Legal and Administrative | information | 1-2 |
| Report ofthe Trustees | 3-6 | |
| independent Examiner's |
Report | |
| Receipts and Payments | Accounts | |
| Statement ofAssets and | Liabilities | |
| Notes tothe accounts | 10-15 |
| Registered | Charity | Charity | Number: | 114348 | |||
|---|---|---|---|---|---|---|---|
| Parish ofSt Michael &All Angels | |||||||
| The Church Office | |||||||
| Perry Street | |||||||
| Northampton | |||||||
| NN1 4HL | |||||||
| Ministry Team: | |||||||
| Vicar. | The Revd Michael | Hills —Retired 13.02.22 | |||||
| Warden ofEmrnaus | House: | The Revd Philip | Munch SSM | ||||
| Hon. Assistant | Priest: | The Revd Alan March SSM | |||||
| The Revd Greg | Shaw SSM | ||||||
| Group Clergy: | Canon Amanda | Cuthbertson | (Christ Church) | ||||
| The Revd Anthony | McGowan | (Holy Trinity) | |||||
| Hon Verger. | Marilyn Mitchell |
||||||
| Church Wardens | Ann Dunkley | ||||||
| Janice Grover | |||||||
| Parish Safeguarding | G%cer | Denise Campbell |
| FOR THE YEAR ENDEO 31stDECEMBER | FOR THE YEAR ENDEO 31stDECEMBER | 2022 | Page 8 | ||||
|---|---|---|---|---|---|---|---|
| 2022 | 2021 | ||||||
| Unrestricted | Restricted | Endowment | Total | Total | |||
| Notes | E | R | E | E | |||
| Receipts | |||||||
| Voluntary Income - donalions |
6,478 | 8,476 | 8,072 | ||||
| Legacies | |||||||
| Investment income |
2,117 | 2,117 | 1,960 | ||||
| Charitable Activities |
18,143 | 18,143 | 9,926 | ||||
| Other Income | 99,374 | 99,374 | 94,776 | ||||
| Total Receipts for the year | 126,110 | 12$,110 | 114.784 | ||||
| Payments | |||||||
| Direct Costs | 62,829 | 52,829 | 56,800 | ||||
| Running Costs - Church |
27,577 | 27,577 | 26223 | ||||
| Payments to other Charities etc | 930 | 930 | 2,149 | ||||
| Other Costs | 5,081 | 13,448 | 18,509 | 18,517 | |||
| Rental Property Expenses | 13,982 | 13,962 | 28,956 | ||||
| Total payments forthe Year |
100,359.00 | 13,448 | 113,807 | 132,845 | |||
| Net Receipts /(Payments) before transfers |
25,751 | (13,448) | 12,303 | (17,891) | |||
| Transfer between funds | |||||||
| Other recognised gains/(losses): | |||||||
| Gains/(losses) on revaluation |
offixed assets | ||||||
| Net Gains/(losses) on investments |
(9,134) | (9,134) | 9,714 | ||||
| Net movement in funda |
25,751 | (22,582) | 3,169 | (8,177) | |||
| Balance at 31st December 2020 | 407,497 | 1,328,571 | 1,736,088 | 1,744,245 | |||
| Balance at31stDecember 2021 | 433,248 | 1.305,989 | 1,739,237 | 1,738,088 |
| 2022 | 2021 | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| Notes | Unrestricted f |
Restricted f |
Endowment f |
Total f |
Totalf | ||||
| Aeeete: | |||||||||
| Tangible reed Assets Investment Shares - George Terry |
Fund | 10 11 |
393,780 | 1,237318 2,240 |
1,830,976 2~0 |
1AH8,704 2,550 |
|||
| Investmenl Shares - Cunningham Investment Shares - Curates Fund |
Bequest | 12 13 |
1,736 18,478 |
1.736 18,478 |
1,967 20,943 |
||||
| Investment Shares -StEdmund |
Bktg | 14 | 48,310 | 48,310 | 52,447 | ||||
| CBFDeposit - Northampton | 3,533 | 3,533 | 3,420 | ||||||
| CBFDeposit - Npton Terry Bequest | 273 | 273 | 270 | ||||||
| CBFDeposit —Parochial | Building | Fund | |||||||
| HSBC - Current Account | 5,297 | 5~7 | 5,669 | ||||||
| HSBC - Deposit Account | 20,038 | 20,038 | 16 | ||||||
| Barclays Bank - Current | Account | 10,304 | 10,304 | 60 | |||||
| Cash in Hand | |||||||||
| Hekl by CVS | 43 | 43 | 22 | ||||||
| Debtors | 15 | 648 | 648 | 2.302 | |||||
| 433,886 | 1,305,888 | 1,738+85 | 1,738,370 | ||||||
| 16 | (8,964) | (8,964) | (6,770) | ||||||
| (8,864) | (8,$64) | (6,770) | |||||||
| 424,832 | 1,305,9881,730,$21 | 1,731,800 | |||||||
| Funds | Unrestricted f |
Restricted f |
Endowment f |
31.12.22 f |
31.1221 f |
||||
| Unrestricted Funds |
17 | 430,056.00 | 430,056 | 404,305 | |||||
| Designated Funds |
18 | 3,'I92.00 | 3,192 | 3,192 | |||||
| Endowment Funds |
18 | 1,305,989 | 1,305,989 | 1,328,571 | |||||
| 433,248 | 1,305,888 | 1,73$,237 | 1,736,068 |
| 2022 | 2021 | |||||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Irttiowittertt | Total | Total | ||
| C | E | C | C | C | ||
| Nota 1 | ||||||
| Donatlona | ||||||
| Planned Giving Collections and Sundry Giving Parish Giving Scheme |
1,728 1,318 2,587 |
1,728 1,318 2,587 |
1.056 2W1 4+57 |
|||
| WNRC - Gift Aid | 843 | 843 | 368 | |||
| 8,478 | 8.476 | 8,072 | ||||
| Note 2 | ||||||
| Charitable Activities |
||||||
| Fees for Weddings, | Funerals etc | 751 | 751 | 542 | ||
| Hire of Hall and Church Romanian Orthodox Church Other Income StCrispin Group |
9,028 5,830 1,184 1,350 |
a,m8 5,830 1,184 1,350 |
2230 5,320 1,690 144 |
|||
| 18,143 | 18,143 | 9,928 | ||||
| Note 3 | ||||||
| Income Other | ||||||
| Property Rents Received | 99,374 | 99,374 | 94,776 | |||
| 99,374 | 99,374 | 94.776 | ||||
| Note 4 | ||||||
| %rectCosts | ||||||
| Parish Share Prayer House Prayer House - PDBFSalary recharge Salaries Church Services Organist &Choir Books8 Publications Photocopier, Stationery 8 Postage Clergy expenses Vicarage expenses |
20,000 1,812 9,005 8.748 1,988 3,125 482 4,854 785 |
20,000 1,812 9,005 8,748 1,988 3,125 482 4,854 785 |
20,000 1,847 a,m4 8,748 1,514 2,043 1,821 6,190 2,355 228 |
|||
| Bank Charges | 77 | 77 | 107 | |||
| Telephone and Broadband Other costs |
1,073 880 |
1,073 880 |
2,396 527 |
|||
| 52,829 | 52,829 | 56,800 |
| PINa 12 | ||||||||
|---|---|---|---|---|---|---|---|---|
| 2022 | 2021 | |||||||
| Unrestricted | Restricted | Endowtnent | Total | Total | ||||
| R | E | E | ||||||
| Note 5 | ||||||||
| Running Costs | ||||||||
| Repairs and | ntaintenwce | 5,931 | 5,931 | 6+52 | ||||
| Insurance | 4,132 | 4,132 | 4,079 | |||||
| Heat and Ught | 13,193 | 13,193 | 10,447 | |||||
| Cleaning | 645 | 645 | 616 | |||||
| Maintenance | of | Church Yard | 2,733 | 2,733 | 2,631 | |||
| Water rates | 943 | 943 | 1,598 | |||||
| 27,577 | 27',577 | 26,223 | ||||||
| Note 8 | ||||||||
| Payments toother charities etc | ||||||||
| Donation to | StCrispin Group ofChurches | 144 | ||||||
| Oiher charities 8 Discrectionary payments |
2,005 | |||||||
| 2,149 | ||||||||
| Note 7 | ||||||||
| Other Expenditure | ||||||||
| Independent | Examination | 514 | 514 | 563 | ||||
| Payroll/Pension | Charges | 267 | 267 | |||||
| Depreciation | 4+80 | 13,448 | 17,72S | 17728 | ||||
| 5,061 | 13,448 | 18,509 | 18,517 | |||||
| Note 8 | ||||||||
| Rental Property | Expenses | |||||||
| Agents Letting Fees Legal and agency fees for new |
leases | 6,438 187 |
6,438 187 |
8,528 17,079 |
||||
| Repairs 8 Maintenance | 1,819 | 1,819 | 445 | |||||
| Insurance Council Tax, |
Heat 8 Ught | 5,518 | 5,518 | 2,904 | ||||
| 13,962 | 13,962 | 28.956 | ||||||
| Note 9 | ||||||||
| Employment | Costs | |||||||
| Gross Salaries Employer Nl |
8,748 | 8,748 | 8,748 | |||||
| 8,74S | S,748 | 8,748 |
| Freehold | Freehold | Freehold | |||
|---|---|---|---|---|---|
| Property | Property | Property | 2022 | 2021 | |
| Unreetrtclad | Reatrleted f |
Endowment | Total f |
Totalf | |
| Coat | |||||
| Brought forward | 428,000 | 1,$44,800 | 1,772,&00 | 1,772,800 | |
| Additions | |||||
| Disposals | |||||
| Carried Forward | 428,000 | 1,344,800 | 1,772,800 | 1,772.800 | |
| Depreciation | |||||
| Brought forward | 29,960 | 94,136 | 124,096 | 106,368 | |
| Charge foryear | 4+80 | 13,448 | 17.728 | 17,728 | |
| Disposals | |||||
| Carried Forward | 34,240 | 107,584 | 141,824 | 124,096 | |
| Net BookValue | |||||
| Balance at31.12.22 | 393,760 | 1,237,216 | 1,630.976 | 1.648,704 |
| Note11 | ||||||
|---|---|---|---|---|---|---|
| At | ||||||
| Market Value | ||||||
| CBFInvestment -George Terry Cost orValuaboll |
Fund | 2022 f |
2021 | |||
| At 31December 20201 Unrealised gainsl(losses) Realised gains/(losses) |
on valuation | 1,018 | 2,550 (301) |
|||
| At 31December 2022 | 1,018 | 2.249 | ||||
| Note 12 | At | At | ||||
| Coat | Market Value | |||||
| CBFInvestment -Cunningham Bequest Coat or Valuation At 31December 2021 Unrealised gains/(losses) on valuafion Realised gainsl(losses) |
2022f 1,967 (231) |
1,721 246 |
||||
| At 31December 2022 | 785 | 1,738 | 1,887 |
| CBFInvestment -Cunningham |
CBFInvestment -Cunningham |
Bequest |
|---|---|---|
| Coat or Valuation | ||
| At 31December 2021 | ||
| Unrealised gains/(losses) |
on valuafion | |
| Realised gainsl(losses) | ||
| At 31December 2022 |
| Note 13 | At | At | ||
|---|---|---|---|---|
| Coat | Nhrket Value | |||
| CBFInvestment - Curataa Fund Coat orValuatke |
2022f | |||
| At31Decenber 2021 | 9,143 | 20,943 | 18~ | |
| Unreaieed gahs/(losses) |
on valua8on | (2,465) | 2~1 | |
| ResIsed gains/(hsses) At 31December 2022 |
$,143 | 18+7820,$43 | ||
| Note 14 | At | |||
| gartret Value | ||||
| CSFlnveelment -StEdmund 8dg CoatorValua6on |
f | 2022 | 2021 | |
| At 31December 2021 | 62,972 | 52,447 | 45,920 | |
| Unrealised gains/(losses) |
on valuation | (6,137) | 6,527 | |
| Realised gains/(losses) | ||||
| At 31December 2022 | $2,972 | 46,310 | 52~7 |
| 2022 | 2021 | |||||
|---|---|---|---|---|---|---|
| Unrestricte | Restricted | Endowment | Total | Total | ||
| f | f | f | f | f | ||
| Note 15 | ||||||
| Debtors | ||||||
| HMRC | 159 | 196 | ||||
| Other | ||||||
| Pre-paid | 507 | |||||
| 2.302 | ||||||
| Note 16 | ||||||
| Creditors | ||||||
| Other Creditors | (2,384) | (2,384) | (3,058) | |||
| Accruals - Independent | Examiner | (600) | (600) | (600) | ||
| Deferred Income - Rent | in Advance | (5,980) | (5,980) | (3,112) | ||
| (8.964) | (8,964) | (6,770) |
| Page 14 | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Nota 17 | |||||||||||
| Unrsstrtctad | Funds | Balancee | Movement | Movantent | Balance | ||||||
| 01.01.22 | In | Out | Trarmfsra | 31.1222 | |||||||
| f | f | ||||||||||
| 404,305 | 126,110 | (100,359) | 430,056 | ||||||||
| 404,305 | 124,110 | (100,35$) | 430,054 | ||||||||
| Nota 1$ | |||||||||||
| Designated | Fu»d | Balancee | Movement | Movement | Balance | ||||||
| 01.01.22 | In | Out | Transfers | 31.12.22 | |||||||
| f | f | f | f | ||||||||
| Rental Properties | Dnapidatens | Fund | 3,192 | 3,192 | |||||||
| 3,1$2 | 3,1$2 | ||||||||||
| Repairs and | maintenace | for Rental Properties | |||||||||
| Note 1$ | |||||||||||
| Endowment | Funds | Balance@ | Movement | Movement | Balancee | ||||||
| 01.01.22 | In | Out | Transfers | 31.1L22 | |||||||
| f | f | f | |||||||||
| CBFInvestment | -George | Terry | Fund | 2,550 | (301) | 2349 | |||||
| CBFInvestment | - Cunningham | Bequest | 1,967 | (231) | 1,736 | ||||||
| CBFInvestment | -Curates | Fund | 20,943 | (2,465) | 18,478 | ||||||
| CBFInvestment - St 631Welfingborough 193Wellingborough |
Edmund Road Road |
Bklg | 52,447 199,764 1,050,900 |
(6,137) (2,148) (11,300) |
46,310 197,616 1,039,600 |
||||||
| 1,328.571 | (22,582) | 1,305,$8$ |