| STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31DECEMBER 2023 |
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|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | ||||
| Funds | Funds | Funds | Total Funds | |||
| 2023 | 2023 | 2023 | 2022 | |||
| Notes | ||||||
| INCOME | ||||||
| Voluntary receipts |
||||||
| Donations, grants and legacies |
2 | 85,734 | 85,734 | 93,415 | ||
| Charitable activities |
||||||
| Church activities |
3 | 43,565 | 43,565 | 43,071 | ||
| Investment income |
4 | 2,061 | 2,061 | 1,047 | ||
| TOTAL INCOME | 131,360 | 131,360 | 137,533 | |||
| EXPENDITURE | ||||||
| Charitable activities |
||||||
| Church activities |
5 | (134,651) | (134,651) | (134,860) | ||
| TOTAL EXPENDITURE | (134,651) | (134,651) | (134,860) | |||
| NET INCOIVIE /(LOSS) BEFORE |
||||||
| OTHER RECOGNISED GAINS AND LOSSES | (3,291) | (3,291) | 2,673 | |||
| GAINS / (LOSS) ON THE REVALUATION | ||||||
| OF INVESTMENT ASSETS | 906 | 906 | (1,267) | |||
| NET MOVEMENT IN FUNDS |
(2,385) | (2,385) | 1,406 | |||
| RECONCILIATION OF FUNDS |
Unrestricted | Restricted | Total Funds | |||
| Funds | Funds | 2023 | 2022 | |||
| ' | ||||||
| Opening balance as at 1January |
51,948 | 84,226 | 136,174 | 134,768 | ||
| Movement in funds |
(2,385) | (2,385) | 1,406 | |||
| BALANCE CARRIED FORWARD AS | ||||||
| AT31DECEMBER | 9(a) | 49,563 | 84,226 | 133,789 | 136,174 |
| BALANCE SHEET AT31 | BALANCE SHEET AT31 | BALANCE SHEET AT31 | DECEMBER 2023 | ||||
|---|---|---|---|---|---|---|---|
| Notes | 2023 | 2023 | 2022 | ||||
| FIXEDASSETS | E | E | E | ||||
| Investment | assets | 10,444 | 9,538 | ||||
| 10,444 | 9,538 | ||||||
| CURRENT ASSETS | |||||||
| Cash at bank and on deposit | 122,703 | 129,241 | |||||
| Debtors and | prepayments | 9,818 | 8,161 | ||||
| 132,521 | 137,402 | ||||||
| LIABILITIES: | AMOUNTS | FALLING DUE WITHIN ONE YEAR | |||||
| Accruals and | deferred | income | 8(a) | (9,176) | 9 640 | ||
| NET CURRENT ASSETS | 122,345 | 127,762 | |||||
| LIABILITIES: | AMOUNTS | FALLING DUE IN MORE THAN ONE | YEAR | ||||
| Loans | 8(b) | (1,126) | |||||
| NET ASSETS | 133,789 | 136,174 | |||||
| FUNDS | |||||||
| Unrestncted | 49,563 | 51&948 | |||||
| Restricted | 84,226 | 84,226 | |||||
| TOTALFUNDS | 133,789 | 136,174 |
| Unrestricted | Restricted | Total Funds | ||||
|---|---|---|---|---|---|---|
| Funds | Funds | 2023 | 2022 | |||
| E | E | f | E | |||
| 2 | DONATIONS, | GRANTS AND LEGACIES | ||||
| Planned giving: |
||||||
| Donations | 26,923 | 26,923 | 35,504 | |||
| Income tax | recoverable | 9,927 | 9 927 | 8,740 | ||
| Other donations | 48,884 | 48,884 | 46,530 | |||
| Grants received | 2,641 | |||||
| Friends of CTS | ||||||
| 85,734 | 85,734 | 93,415 |
| Unrestricted Restricted |
Unrestricted Restricted |
Total Funds | ||||||
|---|---|---|---|---|---|---|---|---|
| Funds | Funds | 2023 | 2022 | |||||
| f | f | f | f | |||||
| 3 | CHURCH ACTIVITIES | |||||||
| Car park and | church | yard fees | 3,900 | 3,900 | ||||
| Church hall and pastoral centre rentals |
15,175 | 15,175 | 15,539 | |||||
| Wedding and |
funeral | fees | 237 | 237 | 309 | |||
| Residential property |
rental income | 18,253 | 18,253 | 16,223 | ||||
| Community centre rental income |
6,000 | 6,000 | 11,000 | |||||
| Sale of Christmas cards |
in church | |||||||
| 43,565 | 43,565 | 43,071 | ||||||
| The PCC has the right | to use a residential | flat and community space close to the church. The income recog |
||||||
| in relation to | the community centre reflects the cash rental received |
in the respective periods. | ||||||
| Unrestricted Restricted |
Total Funds | |||||||
| Funds | Funds | 2023 | 2022 | |||||
| f | f | f | f | |||||
| 4 | INVESTMENT | INCOME | ||||||
| Dividends and |
interest | including | ||||||
| any reclaimed | tax | 2,061 | 2,061 | 1,047 | ||||
| 2,061 | 2,061 | 1,047 |
| Unrestricted | Restricted | Total Funds | |||||
|---|---|---|---|---|---|---|---|
| Funds | Funds | 2023 | 2022 | ||||
| E | E | E | E | ||||
| 5 | CHURCH ACTIVITIES | ||||||
| Missionary and charitable |
giving: | ||||||
| -relief and development | agencies | 2,479 | 2,479 | 2,953 | |||
| Grants provided | |||||||
| 2,479 | 2,479 | 2,953 | |||||
| Ministry costs: | |||||||
| Diocesan quota | 70,000 | 70,000 | 65,000 | ||||
| Building maintenance | costs: | ||||||
| Church maintenance | 2,525 | 2,525 | 1,057 | ||||
| Operating costs: |
|||||||
| Church running expenses |
33,479 | 33,479 | 38,771 | ||||
| Administrator costs |
6,915 | 6,915 | 4,345 | ||||
| Pest Control | 4,056 | 4,056 | 4,056 | ||||
| Organist and music |
2,610 | 2,610 | 3,060 | ||||
| Software and website costs | 1,515 | 1,515 | 926 | ||||
| Printing and stationery |
1,033 | 1,033 | 743 | ||||
| Bank charges | 686 | 686 | 695 | ||||
| Other costs | 9,354 | 9,354 | 13,254 | ||||
| 59,647 | 65,850 | 65,850 | |||||
| TOTALCOSTS | 134,651 | 134,651 | 134,860 |
| Market | Market | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| value at | value at | |||||||||
| 31 | December | 31December | ||||||||
| Historical | cost | 2023 | 2022 | |||||||
| INVESTMENTS | E | f | ||||||||
| 462 | Shares | in | CBF's | Investment | fund | Not | Known | 10,444 | 9,538 |
| DEBTORS, PREPAYMENTS | DEBTORS, PREPAYMENTS | AND ACCRUED INCOME | 2023 | 2022 |
|---|---|---|---|---|
| E | E | |||
| Sale ofChristmas | cards | |||
| Sale ofChristmas | trees | 3,900 | ||
| Income tax recoverable | 5,918 | 8,161 | ||
| 9,818 | 8,161 |
| 8(a) | LIABILITIES:AMOUNTS | FALLING DUE WITHIN ONE YEAR | 2023 f |
2022 f |
|---|---|---|---|---|
| Accruals; | ||||
| Deferred rental income | 1,913 | 1,498 | ||
| After date invoices | 7,263 | 8,142 | ||
| 9,176 | 9,640 |
| 8(b) | LIABILITIES:AMOUNTS | FALLING DUE IN MORE THAN ONE YEAR | 2023 f |
2022 f |
|---|---|---|---|---|
| Loan from the Diocese | of London | 1,126 |
| ANALYS | IS OF NET ASSETS BY FUND | |||
|---|---|---|---|---|
| Unrestricted | Restricted | |||
| Funds | Funds | Total | ||
| f | f | f | ||
| Fixed assets | 10,444 | 10,444 | ||
| Cash at | bank and on deposit | 38,477 | 84,226 | 122,703 |
| Debtors | 9,818 | 9,818 | ||
| Current | liabilities | (9,176) | (9,178) | |
| Fund balance | 49,563 | 84,226 | 133,789 |