**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** 1. The purpose of the charity is to invite and welcome others to "come and see” (John 1.39) who Jesus Christ is. 2. A summary of the main activities and achievements of the Charity is contained in the Secretary’s Report to the APCM. 3. 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. 4. The List of Names of the Trustees is shown in Appendix I. 5. Recruitment and appointment of new Trustees occurs through the Annual Parish Church Meeting. 6. 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. 7. The policy adopted by the Charity to determine the appropriate level of reserves is as follows; - a. Consider the level of funds at any one time listed as Restricted and Designated - b. Review the ongoing commitments for the next three months - 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** 1. 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 2. 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. 3. Mission receipts - Money recovered for Bible Reading Notes, the Bishop’s Lent Appeal, and collections at events for Messy Church. 4. Donations - Lump sum donations or grants, often with a specific project in mind. 5. Bus Stop Café (BSC) – income and expenditure from the sale of food and drinks at the weekly cafe. 6. Bank Interest – as the Bank Account Summary - attached as Appendix II. 7. Ralph Cottage Rent – Rental income received from the tenants. 8. Churchyard expenses – covers general churchyard maintenance costs. 9. Mission and other Charitable Donations – includes costs associated with delivering our mission. 10. Church Hall Expenses – normal revenue costs associated with the running of the hall – utilities, cleaning, insurance etc. 11. Church Hall Maintenance – costs associated with maintaining the Hall. 12. Ralph Cottage Expenses – normal revenue costs associated with the cottage such as insurance, repair of broken windows and handyman costs for example. 13. 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. 14. 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|| ||**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|| ||**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|| ||**0**
**523**
**9,729**
**10,252**
**16,635**
**102,250**
**2,442**
**11,615**
**116,307**
**123,890**|| ||**14,399**
**1,442**
**-2,339**
**13,502**
**35,239**|| Page 2 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￿ As*ts 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. 5kn*d on behaK of the Parothlal Churth C•un¢4 IPCC) •f 51 P•i*rfs 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| ||**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| ||**9,941**
**10,252**
**1,675**| ||**117,400**
**116,307**
**103,671**| ||**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. Page 4 **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| |---|---| ||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| ||12,829
0
0
12,829
4,902
16,200
0
0
16,200
16,200
270
0
0
270
10| ||16,470
0
0
16,470
16,210
2,739
0
0
2,739
4,384
0
0
20
20
20| ||2,739
0
20
2,759
4,404| ||**87,851**
**1,000**
**13,954**
**102,805**
**88,651**| Page 5 ## **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| |---|---| ||306
0
0
306
1,156
4,665
0
0
4,665
2,855
671
0
0
671
338| ||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| ||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| ||26,381
1,919
546
28,846
25,578| ||**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| ||0
523
9,729
10,252
16,635| ||**102,250**
**2,442**
**11,615**
**116,307**
**123,890**| ||**14,399**
**1,442**
**-2,339**
**13,502**
**35,239**| Note 1: Premises Maintenance was known as Church Fabric Works in 2021 Page 6 **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**| Page 7 **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**| ||**88,703**
**102,805**
**116,308**
**75,200**| Page 8 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 S*n•d behalf al the ￿r￿h1•1 (hwth Cl>U￿11 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 el￿ed 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. Page 11 **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| Page 12