St Peter’s Church Woodmansterne
Woodmansterne Lane, Woodmansterne, Surrey SM7 3NL Registered Charity Number 1150826
Statement of the Final Accounts for the Year Ending 31 December 2022
Trustees Report
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The purpose of the charity is to invite and welcome others to "come and see” (John 1.39) who Jesus Christ is.
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A summary of the main activities and achievements of the Charity is contained in the Secretary’s Report to the APCM.
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The Charity is a public benefit entity. Its governing document is the PAROCHIAL CHURCH COUNCIL POWERS MEASURE (1956) AS AMENDED AND CHURCH REPRESENTATION RULES THAT CAME INTO FORCE ON 02 JAN 1957.
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The List of Names of the Trustees is shown in Appendix I.
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Recruitment and appointment of new Trustees occurs through the Annual Parish Church Meeting.
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Except for the Rector, who is employed by the Diocese of Southwark, and the Children and Families Minister who we employed up to May 2022, all the work of the Charity is carried out by volunteers who are members of the Church.
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The policy adopted by the Charity to determine the appropriate level of reserves is as follows;
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a. Consider the level of funds at any one time listed as Restricted and Designated
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b. Review the ongoing commitments for the next three months
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c. Ensure that there are sufficient funds available to meet these commitments having ring fenced those funds in ‘a’ above.
Financial Review of 2022
Total receipts for the year were £102,805 (2021 - £88,651) of which £13,954 represented restricted income, with total expenditure of £116,307 (2021 - £123,890), of which £11,615 was restricted expenditure.
Net expenditure for the year amounted to £13,502 (2021 net expenditure £35,239) with a net increase of £2,339 in restricted funds.
As at 31[st] December 2022 the Church had monetary funds of £75,200 (2021 - £88,703) of which £41,250 were restricted funds (2021 - £38,910).
Explanatory Notes to be read in conjunction with the accounts
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Regular Giving – comprises plate collections at services, covering both cash and the weekly envelopes scheme. It also includes money received through standing orders and other electronic donations
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HMRC - Gift Aid recovered on any giving where the giver is known, is a tax payer and has completed the appropriate Declaration. Also includes Gift Aid recovered through the Gift Aid Small Donations Scheme (GASDS) on unidentified cash donations where applicable.
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Mission receipts - Money recovered for Bible Reading Notes, the Bishop’s Lent Appeal, and collections at events for Messy Church.
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Donations - Lump sum donations or grants, often with a specific project in mind.
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Bus Stop Café (BSC) – income and expenditure from the sale of food and drinks at the weekly cafe.
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Bank Interest – as the Bank Account Summary - attached as Appendix II.
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Ralph Cottage Rent – Rental income received from the tenants.
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Churchyard expenses – covers general churchyard maintenance costs.
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Mission and other Charitable Donations – includes costs associated with delivering our mission.
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Church Hall Expenses – normal revenue costs associated with the running of the hall – utilities, cleaning, insurance etc.
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Church Hall Maintenance – costs associated with maintaining the Hall.
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Ralph Cottage Expenses – normal revenue costs associated with the cottage such as insurance, repair of broken windows and handyman costs for example.
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Ralph Cottage Maintenance – covers periodic repairs to the cooker, boiler, and work to the perimeter fences and hedges. In 2022 this included £3,500 costs for replacing the dilapidated upstairs windows in the cottage.
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East Wall Design and Costing Phase includes all the costs associated with the technical investigation and design work to propose a solution for stabilising and repairing the structural damage affecting the East Wall.
Page 1
St Peter’s Church Woodmansterne
Woodmansterne Lane, Woodmansterne, Surrey SM7 3NL
Registered Charity Number 1150826
Statement of the Final Accounts for the Year Ending 31 December 2022
Receipts and Payments Account
| Receipts Regular Giving Excluding Gift Aid HMRC Gift Aid Mission Collections Donations and Grants Magazine Sales Magazine Advertisements Bus Stop Café 2022 Fund-raising activities Investment Interest Ralph Cottage Rent Hall Hire Weddings and Funerals Hall key deposits Total Receipts |
2022 Unrestricted Designated Restricted Total |
2021 |
|---|---|---|
| Totals | ||
| 39,961 0 1,105 41,066 38,915 10,024 0 523 10,547 12,658 213 0 0 213 14 5,615 1,000 12,306 18,921 11,548 0 0 0 0 60 0 0 0 0 0 1,666 0 0 1,666 919 2,476 0 0 2,476 0 270 0 0 270 10 16,200 0 0 16,200 16,200 8,687 0 0 8,687 3,923 2,739 0 0 2,739 4,384 0 0 20 20 20 |
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| 87,851 1,000 13,954 102,805 88,651 |
| Payments Parish Support Fund Child and Family Minister (CFM) Organ and Choir Church Expenses Ministers Expenses Churchyard Expenses Books, Printing and Stationery Bus Stop Café Flowers Messy Church Mission Giving Church Hall Expenses Church Hall Maintenance Ralph Cottage Expenses Ralph Cottage Maintenance Total Normal Payments Special Projects Church Hall Refurbishment Church Fabric Works Defibrillator East Wall Design and Costing Phase Hall Shed project Totals Total Payments Excess expenditure over income |
2022 Unrestricted Designated Restricted Total |
2021 |
|---|---|---|
| Totals | ||
| 60,000 0 0 60,000 50,000 9,499 0 1,340 10,839 26,395 2,866 0 526 3,392 1,814 11,624 0 0 11,624 14,208 728 0 0 728 933 1,750 0 0 1,750 1,500 758 0 0 758 1,236 671 0 0 671 338 504 0 0 504 68 0 0 20 20 14 306 0 0 306 1,156 8,759 0 0 8,759 5,688 120 1,919 0 2,039 1,050 967 0 0 967 625 3,698 0 0 3,698 2,230 |
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| 102,250 1,919 1,886 106,055 107,255 0 0 0 0 14,227 0 478 50 528 2,108 0 45 0 45 300 0 0 7,326 7,326 0 0 0 2,353 2,353 0 |
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| 0 523 9,729 10,252 16,635 102,250 2,442 11,615 116,307 123,890 |
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| 14,399 1,442 -2,339 13,502 35,239 |
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St Petérfs Church Woodmansternè Woodmansterne Lane, Woodmanstèrné, Surréy SM7 3NL Registered Charity Numbér 1150826 Statement of the Final Accounts for the Year Ending 31 December 2022 Statement of Assets and Uabllltles as at 31" December 2022 Tarythl FIX Asts zo 2021 Ralph Cotta ChDIth Hall and Caf 610.th) 1.$20.C I130.& 405,C£ 1.925.11 léole I Gish kn bank- CAF Ac¢ounts 88.703 Total assets l2052 .703 U•bSlltJes du• 7wtthln OM ) Totsl A$5ets less Curreni UabHltl•s 1205200 2A113,703 Note l.. Ralph Coii¥e was re-valued at Febiuary 2022 for an lTh¥eMl8atwt Into the potenual Sa of the properly. The Hau and C4V wer rmrt rwalued In 2022. 5knd on behaK of the Parothlal Churth C•un¢4 IPCC) •f 51 P•irfs Churth Wotsdmansteme br. Allson Elson- R•ct¢r and Ch of the PCC A.T Elbg) . C.fty- O•te: 2ozs Page 3
St Peter’s Church Woodmansterne
Woodmansterne Lane, Woodmansterne, Surrey SM7 3NL Registered Charity Number 1150826
Statement of the Final Accounts for the Year Ending 31 December 2022
| 2023 Proposed Budget Receipts Regular Giving Excluding Gift Aid HMRC Gift Aid Mission Collections Donations and Grants Bus Stop Café Fund-raising activities Investment Interest Ralph Cottage Rent Church Hall Lettings Weddings and Funerals Hall key deposits Total Receipts Payments Parish Support Fund Children and Family Minister Costs Organ and Choir Church Running Costs Church Maintenance Minister's Expenses Churchyard Expenses Books, Printing and Stationery Bus Stop Café Flowers Messy Church Mission and other Charitable Donations Church Hall Running Costs Church Hall Maintenance Ralph Cottage Expenses Ralph Cottage Maintenance Total Normal Payments Special Projects for 2023 Church Fabric Works Defibrillator Hall Shed Project East Wall Design and Costing Phase Total Grand total payments Excess expenditure over income |
2022 2023 Budget Actual Budget 41,856 41,066 41,486 10,740 10,547 9,458 0 213 630 3,960 18,921 6,934 804 1,666 1,816 0 2,476 2,000 12 270 400 16,200 16,200 18,000 5,065 8,687 8,832 3,238 2,739 1,000 0 20 0 |
|---|---|
| 81,875 102,805 90,555 2022 2023 Budget Actual Budget 60,000 60,000 60,000 11,664 10,839 - 1,814 3,392 526 14,199 11,624 19,663 - - 500 1,200 728 1,033 1,500 1,750 1,500 1,104 758 752 600 671 682 429 504 777 200 20 60 380 306 2,986 7,657 8,759 12,482 1212 2,039 390 1,000 967 460 4,500 3,698 185 |
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| 107,459 106,055 101,996 2022 2023 Budget Actual Budget 0 528 0 0 45 0 0 2,353 0 9,941 7,326 1,675 |
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| 9,941 10,252 1,675 |
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| 117,400 116,307 103,671 |
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| 35,525 13,502 13,115 |
Note: Due to the expected deficit in 2023, capital projects will only be funded to the extent available from the relevant Restricted or Designated Fund.
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St Peter’s Church Woodmansterne
Woodmansterne Lane, Woodmansterne, Surrey SM7 3NL
Registered Charity Number 1150826
Statement of the Final Accounts for the Year Ending 31 December 2022
Financial Statements for the Year Ended 31 December 2022
| Analysis of Receipts and Payments RECEIPTS Voluntary Income Regular Giving-includes SOs, All other giving Gift aid recovered Revenue Generating Activities Hall Lettings Parish magazine adverts Parish magazine sales Bus Stop Café 2022 Fund-raising activities Income from Investments Ralph Cottage Rent Interest Income from Church Activities Weddings and Funerals Hall key deposits Total Receipts |
Unrestricted Designated Restricted Total 2022 Total 2021 Funds Funds Funds £ £ £ £ £ 39,961 0 1,105 41,066 38,915 5,828 1,000 12,306 19,134 11,562 10,024 0 523 10,547 12,658 |
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| 55,813 1,000 13,934 70,747 63,135 8,687 0 0 8,687 3,923 0 0 0 0 0 0 0 0 0 60 1,666 0 0 1,666 919 2,476 0 0 2,476 0 |
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| 12,829 0 0 12,829 4,902 16,200 0 0 16,200 16,200 270 0 0 270 10 |
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| 16,470 0 0 16,470 16,210 2,739 0 0 2,739 4,384 0 0 20 20 20 |
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| 2,739 0 20 2,759 4,404 |
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| 87,851 1,000 13,954 102,805 88,651 |
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St Peter’s Church Woodmansterne
Woodmansterne Lane, Woodmansterne, Surrey SM7 3NL
Registered Charity Number 1150826
Statement of the Final Accounts for the Year Ending 31 December 2022
| Analysis of Receipts and Payments PAYMENTS Church Activities Mission giving and donations Costs of generating funds Ralph Cottage Costs (Includes maintenance) Bus Stop Café Costs Ministry Parish Support Fund Clergy and staffing costs Church Running and Maintenance Organist and Choir Messy Church Printing and Stationery Church running expenses Churchyard Hall running costs (Includes maintenance) Total Normal Payments Special Projects Church Hall Refurbishment Premises Maintenance (See Note 1) Defibrillator East Wall Design and Costing Phase Hall Shed project Overall Total Payments Excess expenditure over income |
Unrestricted Designated Restricted Total 2022 Total 2021 Funds Funds Funds 306 0 0 306 1,156 |
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| 306 0 0 306 1,156 4,665 0 0 4,665 2,855 671 0 0 671 338 |
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| 5,336 0 0 5,336 3,193 60,000 0 0 60,000 50,000 10,227 0 1,340 11,567 27,328 |
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| 70,227 0 1,340 71,567 77,328 2,866 0 526 3,392 1,814 0 0 20 20 14 758 0 0 758 1,236 12,128 0 0 12,128 14,276 1,750 0 0 1,750 1,500 8,879 1,919 0 10,798 6,738 |
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| 26,381 1,919 546 28,846 25,578 |
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| 102,250 1,919 1,886 106,055 107,255 0 0 0 0 14,227 0 478 50 528 2,108 0 45 0 45 300 0 0 7,326 7,326 0 0 0 2,353 2,353 0 |
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| 0 523 9,729 10,252 16,635 |
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| 102,250 2,442 11,615 116,307 123,890 |
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| 14,399 1,442 -2,339 13,502 35,239 |
Note 1: Premises Maintenance was known as Church Fabric Works in 2021
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St Peter’s Church Woodmansterne
Woodmansterne Lane, Woodmansterne, Surrey SM7 3NL Registered Charity Number 1150826
Statement of the Final Accounts for the Year Ending 31 December 2022
| Financial Statements for the Year Ended 31 December 2022 | Financial Statements for the Year Ended 31 December 2022 | ||||
|---|---|---|---|---|---|
| Further analysis | |||||
| RECEIPTS | Unrestricted | Restricted | Designated | Total 2022 | Total 2021 |
| Funds | Funds | Funds | |||
| Voluntary Income | 55,813 | 1,000 | 13,934 | 70,747 | 63,135 |
| Revenue Generating Activities | 12,829 | 0 | 0 | 12,829 | 4,902 |
| Income from Investments | 16,470 | 0 | 0 | 16,470 | 16,210 |
| Income from Church Activities | 2,739 | 0 | 20 | 2,759 | 4,404 |
| Total Receipts | 87,851 | 1,000 | 13,954 | 102,805 | 88,651 |
| PAYMENTS | |||||
| Church Activities | 306 | 0 | 0 | 306 | 1,156 |
| Costs of generating funds | 5,336 | 0 | 0 | 5,336 | 3,193 |
| Ministry | 70,227 | 0 | 1,340 | 71,567 | 77,328 |
| Church Running and Maintenance | 26,381 | 1,919 | 546 | 28,846 | 25,578 |
| Special Projects | 0 | 523 | 9,729 | 10,252 | 16,635 |
| Total Payments | 102,250 | 2,442 | 11,615 | 116,307 | 123,890 |
| Excess expenditure over income | 14,399 | 1,442 | -2,339 | 13,502 | 35,239 |
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St Peter’s Church Woodmansterne Woodmansterne Lane, Woodmansterne, Surrey SM7 3NL Registered Charity Number 1150826
Statement of the Final Accounts for the Year Ending 31 December 2022
Notes to Financial Statements for the Year Ended 31 December 2022
1. The financial statement of the PCC has been prepared in accordance with the Handbook of the Association of Church Accountants and Treasurers April 2017 on a Receipts and Payments basis. They also comply with the requirements of the Diocese and the Charities Commission.
2. Fixed assets retained for the church are the freehold of Ralph Cottage, Rectory Lane, Woodmansterne, and the Church Hall at their current estimated value.
3. Funds: General Funds represent the funds of the PCC that are not subject to any restrictions regarding their use. Restricted and Designated funds are held for specific projects as instructed, usually by the donor (Restricted) or as agreed by the PCC (Designated). The amounts, fund titles and movements in the funds are set out below.
4 . The CFM Fund captured donations given to fund the Children and Family Minister role (and associated Gift Aid). In recent years this income did not cover the costs, so the balance remained at zero. As the role is now ended that Fund is closed. A new Hall Shed Fund was created in February 2022 to contain a £1,000 grant from Surrey County Council and other donations towards the purchase of the shed to complete the earlier Hall Garden improvements. A new restricted fund for increased Church energy costs was created in November 2022 to contain donations and a grant from the Diocese of Southwark. The Gwen Steel Projects Fund was created in November 2022 to contain her legacy for future allocation to projects. The remaining £50 in the Fabric Restricted Fund was used towards the Church roof repair in November 2022, so that Fund is now closed.
Restricted and Designated Funds
| Restricted Funds - Gross (Includes GA) CFM Messy Church Hall Key Deposits East Wall Fund Clock Repair Fund Hall Shed Fund Church energy costs 2022/23 Gwen Steel Projects Fund Fabric - Legacy Organ maintenance - Legacy Total Restricted Funds Designated Defibrillator Premises Maintenance Total Designated Funds General Fund Total Funds |
Amounts from Changes in 2022 Transfers 2021 Additions Reductions In Out Balance 0 1,340 10,839 9,499 0 0 988 0 20 0 0 968 360 20 0 0 0 380 31,250 0 7,326 0 0 23,924 625 0 0 0 0 625 0 2,641 2,353 0 0 288 0 2,400 0 0 0 2,400 0 7,553 0 0 0 7,553 50 0 50 0 0 0 5,638 0 526 0 0 5,112 |
|---|---|
| 38,911 13,954 21,114 9,499 0 41,250 470 0 45 0 0 425 5,417 1,000 2,397 0 0 4,020 |
|
| 5,887 1,000 2,442 0 0 4,445 43,905 87,851 92,752 0 9,499 29,505 |
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| 88,703 102,805 116,308 75,200 |
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St Petérfs Church Woodmansternè Woodmansterne Lane, Woodmanstèrné, Surréy SM7 3NL Registered Charity Numbér 1150826 Statement of the Final Accounts for the Year Ending 31 December 2022 Sn•d behalf al the rh1•1 (hwth Cl>U11 IPCCI ofst P•t•rfs Woodmanslerne by: A1150n flx¥n- Recuy •Trd Chalr of th• PCC Al) Cartor-Tftasur 263.a3 Page 9
St Petérfs Church Woodmansternè Woodmansterne Lane, Woodmanstèrné, Surréy SM7 3NL Registered Charity Numbér 1150826 Statement of the Final Accounts for the Year Ending 31 December 2022 Independont Éumlnerfs report to th• Paroclwal Church Councll IPCC) of St Peterfs Woodmansterne. Surrey This rewt on thè Account5 of the PCC foe the year eled 31 December 2022. whlch are sot otrt M the precedlng page5. is in iespett of an éxamination cairled out in accordance wlth the Chuich AccounD"n8 Regulations 2LX16 Ithe re8ulatlThis} and Sertlon 145 of the Charitles Act 2011 Ilhe Artl. R•ponsibilltle5 •nd b•sh of repwt As the members of the PCC and trLb5tees, you are responsible for the preparation of the Accounls in accordance with the requirements of ihe Charitie5 Act 2011 Ithe Act). You consider that the audlt requlrements of Section 14212) of the Charitie5 Act 2011 do not apply, I report In respert of my examlnèiion of the PCCS actounts a5 qUired under SÈctk•n 145 of the 2011 Act and in rarryin8 Out thé examination I have followed all the appllcable Directions SIVe by the Chacthty Comm15( undÈr section 145lSllbl of the Art. Irthpendent •xamlnees ststemlfrt I have completed my examination. I confirm that no rnatters came to my attention in connection wtth the examination Wving me cause to belle¥e that in any material respect: l. Accountln£ rec$ were nol kept in respert of the PCC as required by Section 130 of the Act: or 2. That the accounts do not accord with tlK)se acccwJn¢s; Of 3. That the actounts do not comply with the applicable rèqulrement5 roncernkng the form ar content of the accounts set out in the Charities (Accounts and Report5} Re8ulatlons 2CI)8 other ihan the requlrefftent that the actounts gNe a 'true 47r)d lair vlew. which is not a mattel consldered as part of an Independent examlnatlon. I have no concefns and have come acr055 no her matters In connecllon wlth the examlnatlorn to v•thith attentlon should be drawn In this report In order to enable a proper understanding of the Kcounts to be reached. Davld WheeleT FCCA Cheeld Wheeler & Co Chartered Certrfied Accountants Redhill Charnbers 2d Hi8h Street Redhill SurrÈy RHI IRJ Dated., 27 14t•L S13_ Page 10
St Peter’s Church Woodmansterne Woodmansterne Lane, Woodmansterne, Surrey SM7 3NL Registered Charity Number 1150826 Statement of the Final Accounts for the Year Ending 31 December 2022
| Appendix I: List of Names of the Trustees |
Appendix I: List of Names of the Trustees |
|
|---|---|---|
| Name | Date of Appointment | Date of Resignation |
| Barry Griffith | 10thJanuary 2013 | |
| Simon Haysom | 10thJanuary 2013 | |
| Nigel Pierce | 10thJanuary 2013 | |
| Susan Knight | 6thApril 2014 | |
| Rachel Gardner | 19thApril 2015 | 31stMay 2022 |
| Lucinda Ayles | 22ndApril 2018 | |
| Lewis White | 22ndApril 2018 | |
| Rev. John Itumu | 3rdMarch 2020 | 30thSeptember 2022 |
| Sandra Hopkins | 7thMarch 2021 | |
| Alan Carter | 15thSeptember 2020 | |
| Sally Frost | 23rdJanuary 2022 | |
| Kate Saunders | 23rdJanuary 2022 | |
| John Wilson | 23rdJanuary 2022 | |
| Rev. Alison Elson | 11thJanuary 2023 |
Notes:
Rachel Gardner resigned as a Trustee when her employment as Children and Families Minister ended on 31st May 2022.
Rev. John Itumu resigned as a Trustee when he resigned as Rector on 30[th] September 2022.
Rev. Alison Elson was appointed as Rector on 11[th] January 2023 and became the new Chair of the Trustees.
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St Peter’s Church Woodmansterne Woodmansterne Lane, Woodmansterne, Surrey SM7 3NL Registered Charity Number 1150826
Statement of the Final Accounts for the Year Ending 31 December 2022
Appendix II: Bank Account Summary
| CAF No1 Account CAF No2 Account CAF No3 Account |
Opening Balances 01/01/2022 Receipts (including Transfers) Payments (including Transfers) Interest (included in Receipts) Closing Balances 31/12/2022 3,620.90 122,972.93 123,861.38 3.84 2,732.45 28,842.28 42,827.53 57,000.00 61.29 14,669.81 56,240.11 23,957.75 22,400.00 204.91 57,797.86 |
|---|---|
| 88,703.29 189,758.21 203,261.38 270.04 75,200.12 |
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