##
||||Page||
|---|---|---|---|---|
|Report ofthe Trustees||I|to|8|
|Report ofthe Independent
Auditors||9|to|11|
|Statement
of Financial|Activities||12||
|Balance Sheet|||13||
|Cash Flow Statement|||14||
|Notes to the Cash Flow Statement|||||
|Notes to the Financial|Statements|16|to|29|
|Detailed Statement of|Financial Activities|30|to|31|
##
##
##
##
|Current
reserves|are:||||
|---|---|---|---|---|
|Church||||Reserve|
|Market Bosworlh|(General)|||2.484|
|Market Bosworlh|Parish||Hall|3,673|
|5t Peter's Fund||||32,674|
|Cade by||||846|
|Cadeby Church|Hall|||45|
|Congerstone||||1,172|
|Congerstone
Church||Hall||1,075|
|Sutton Cheney||||925|
|Sutton Cheney Village|||Hall|201|
|Total||||43,095|
##
##
##
##
##
##
##
##
##
##
##
##
##
|||||||2022|2021|
|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted|Total|Total|
|||||funds|funds|funds|funds|
||||Notes|F.|F,|||
|INCOME AND ENDOWMENTS||FROM||||||
|Donations and legacies||||55,900|15,060|70,960|62,116|
|Charitable
activities||||||||
|Charitable
activities||||47,797||47,797|30,915|
|Other trading activities||||26,597||26,597|2,608|
|Investment
income||||590|150,252|150,842|147,280|
|Total||||130,884|165,312|296,196|242,919|
|EXPENDITURE ON||||||||
|Raising funds|||6|1.703|8,047|9,750|7,449|
|Charitable
activities||||||||
|Charitable
activities||||88,444|146,419|234,863|238,221|
|Total||||90,147|154,466|244,613|245,670|
|Net gains/(losses)
on investments||||~).95)|~657.972)|~659.667)|816,607|
|NET INCOME/(EXPENDITURE)||||39,242|(647,126)|(607,884)|813,856|
|RECONCILIATION
OF FUNDS||||||||
|Total funds brought|forward|||798.378|9,651,926|10,450,304|9,636,448|
|TOTAL FUNDS CARRIED FORWARD||||837,620|9,004,800|9,842,420|10,450,304|
|||2022|2021|
|---|---|---|---|
||Notes|E|8|
|FIXED ASSETS||||
|Tangible assets||590,007|599,149|
|Investments||||
|Investments|12|5,439,593|6,099,060|
|Investment
property|13|3,480,000|3,480,000|
|||9,509,600|10,178.209|
|CURRENT ASSETS||||
|Stocks|14|1,525|5,175|
|Debtors|15|24,180|10,933|
|Cash at bank and in hand||337,123|291,667|
|||362,828|307,775|
|CREDITORS||||
|Amounts
falling due within one year|16|)30,008)|(35,680)|
|NET CURRENT ASSETS||332,820|272,095|
|TOTAL ASSETS LESSCURRENT LIABILITIES||9,842,420|10,450,304|
|NET ASSETS||9,842,420|10,450,304|
|FUNDS|19|||
|Unrestricted
funds||837,620|798,378|
|Restricted funds||9,004,800|9,651,926|
|TOTAL FUNDS||9,842,420|10,450,304|
##
|||||2022|2021|
|---|---|---|---|---|---|
|||Notes||S|S|
|Cash flows from operating|activities|||||
|Cash generated
from operation&|||I|45,162|~29,942)|
|Net cash provided
by/(used
in) operating|||activities|45,162|29,942|
|Cash flows from investing|activities|||||
|Purchase oftangible
fixed|assets|||(330)||
|Interest received||||624|432|
|Net cash provided
by investing
activities||||294|432|
|Change
in cash and cash|equivalents|in||||
|the reporting
period||||45,456|(29,510)|
|Cash and cash equivalents|at the|||||
|beginning
ofthe reporting|period|||291,667|321,177|
|Cash and cash equivalents|at the end|of||||
|the reporting
period||||337,123|291,667|
||RECONCILIATION
OF|NET (EXPENDITURE)/INCOME|NET (EXPENDITURE)/INCOME|NET (EXPENDITURE)/INCOME|NET (EXPENDITURE)/INCOME|TO NET CASH FLOW FROM|OPERATING|ACTIVITIES|
|---|---|---|---|---|---|---|---|---|
||||||||2022|2021|
||||||||E|E|
||Net (expenditure)/income|||forthe reporting|period|(as per the|||
||Statement of Financial Activities)||||||(607,884)|813,856|
||Adjustments
for:||||||||
||Depreciation
charges||||||9,472|9,790|
||Losses/(gain)
on investments||||||659,467|(816,607)|
||Interest received||||||(624)|(432)|
||Decrease/(increase)|in stocks|||||3,650|(5,175)|
||Increase in debtors||||||(13,247)|(1,505)|
||Decrease in creditors||||||~5,672)|(29,869)|
||Net cash provided
by/(used|||In) operations|||45,162|~29,942)|
|2.|ANALYSIS OF CHANGES||IN|NET FUNDS|||||
|||||||At 1.1.22|Cash flow|At 31.12.22|
|||||||E|E||
||Net cash||||||||
||Cash at bank and in|hand||||291,667|45,456|337,123|
|||||||291,667|45,456|337,123|
||Total|||||291,667|45,456|337,123|
##
##
##
##
##
##
##
||DONATIO|NS
AND LEGA|CIES|||||
|---|---|---|---|---|---|---|---|
|||||||2022|2021|
||Donations|||||10,341|14,866|
||Giff aid|||||8,622|6,757|
||Legacies|||||5,000||
||Grants|||||21,792|14,743|
||Planned|giving||||19,908|22,067|
||Collections at services|||||5.297|3,683|
|||||||70.960|62,116|
||Grants received, included|||in the above,|are as follows:|||
|||||||2022|2021|
||Congerstone
Heritage||Lottery Fund||||I 1,025|
||Congerstone
Listed Place of Worship grants|||||2,504|2,136|
||Hinckley|8, Bosworth Borough Council Grant||||3,000||
||Rural Communities
Council||||||870|
||Cadeby|Parish Council||||250|250|
||Cadeby|Listed Places|of Worship|||190|462|
||Energy grants|||||4,348||
||Cadeby|Hinckley
& Bosworth Borough Counct Grant||||10,000||
||Cadeby|Leicestershire|Historic Churches||Trust Grant|1,500||
|||||||21,792|14,743|
|3,|OTHER TRADING ACTIVITIES|||||||
|||||||2022|2021|
|||||||E|5|
||Fete and|other events||||10,837|2,608|
||Cadeby|—Wall appeal||||15,760||
|||||||26,597|2,608|
##
##
||iNVESTMENT INC|O|ME|||||||
|---|---|---|---|---|---|---|---|---|---|
||||||||2022||2021|
||||||||||E|
||Rental income||||||46,051||46,105|
||Income from listed||investments||||104,167||100,743|
||Interest received|||||||624|432|
||||||||150,842||147,280|
||INCOME FROM CHARITABLE ACTIVITIES|||||||||
||||||||2022||2021|
|||||Activity|||E||E|
||Fees forweddings||and|||||||
||funerals|||Fees for|weddings|and funerals|18,554||12,611|
||Church
hall lettings|||Church|hall lettings||23,984||14,406|
||Other church activity|||Other church activity|||3,159||1,798|
||Benefice contribution|||Benefice contribution|||2,|100|2,100|
||||||||47,797||30,915|
|B.|RAISING FUNDS|||||||||
||Raising donaNons||and legacies|||||||
||||||||2022||2021|
||||||||E||E|
||Investment
management|||costs|||4,397||4,397|
||Raising funds||||||5,353||3,052|
||||||||9,750||7,449|
|F.|CHARITABLE ACTIVITIES COSTS|||||||||
||||||||||Direct|
||||||||||Costs|
||||||||||E|
||Staff costs||||||||60,539|
||Church
running|expenses|||||||44,763|
||Church
repairs and maintenance||||||||27,878|
||Professional
fees||||||||4,317|
||Parish share||||||||63,800|
||Hall repairs and|maintenance|||||||2,445|
||Hall running
costs||||||||8,136|
||Mission giving and||donations||||||2.943|
||Audit fees||||||||10,080|
||Choir costs||||||||490|
||Depreciation||||||||9,472|
||||||||||234,863|
##
##
##
|Trustees' expenses||||||
|---|---|---|---|---|---|
|The reimbursement|oftrustees' expenses was as follows:|||||
||2022|2021|2022||2021|
||Number|Number|E||E|
|Travel|3|3||814|556|
|Stationery|I|2||223|228|
|Phone|I|I||927|856|
|Other|3|2||841|267|
||||2,805||1,907|
##
|STAFF COST|S|||||
|---|---|---|---|---|---|
|||||2022|2021|
|||||E|E|
|Wages and|salaries|||57,836|34,325|
|Other pension costs||||2.703|1,686|
|||||60.539|36,011|
|The average monthly||number of employees|during the year was as follows:|||
|||||2022|2021|
|Charitable|activities|||5|3|
##
|COMPARATIVES
FOR THE STA|TEMENT OF FINANCIA|L
ACTIVITIES|||
|---|---|---|---|---|
|||Unrestricted|Restricted|Total|
|||funds|funds|funds|
||||E|E|
|INCOME AND ENDOWMENTS|FROM||||
|Donations and legacies||46,560|15,556|62,116|
|Charitable
activities|||||
|Fees forweddings
and funerals||12.611||12,611|
|Church
hall lettings||14.406||14,406|
|Other church activity||1.798||1,798|
|Benefice contribution||2,100||2,100|
|Other trading
activities||2,608||2,608|
|Investment
income||431|146,849|147,280|
|Total||80,514|162,405|242,919|
|10.|COMPARATIVES
FOR THE|STATEMENT OF FINANCIAL|ACTIVITIES - continued|||
|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total|
||||funds|funds|funds|
||||F.|E|E|
||EXPENDI'IURE ON|||||
||Raising funds||790|6,659|7,449|
||Charitable
activRies|||||
||Staff costs||5,320|30,691|36,011|
||Church
running
expenses||33,940|5,766|39,706|
||Church repairs and maintenance||5,063|16,041|21,104|
||Professional
fees|||22,340|22,340|
||Parish share||23,500|46,000|69,500|
||Hall repairs and maintenance||8,035||8,035|
||Hall running
costs||4,953||4,953|
||Mission giving and donations||1,954||1,954|
||Audit fees|||9,600|9,600|
||Choir costs||100||100|
||Depreciation||8,606|1,184|9,790|
||Congerstone
extension,|repairs and||||
||redecoration|||15,128|15,128|
||Total||92,261|153,409|245,670|
||Net gains on investments||1,603|815,004|816,607|
||NET INCOME/(EXPENDITURE)||(10,144)|824,000|813,856|
||RECONCILIATION
OF FUNDS|||||
||Total funds brought
forward||808,522|8,827,926|9,636,448|
||TOTAL FUNDS CARRIED FORWARD||798,378|9.651,926|10,450,304|
##
##
##
|TA|NGIBLE FIXED ASSETS|||||
|---|---|---|---|---|---|
||||Fixtures|||
|||Padish|and|Computer||
|||Halls|fittings|equipment|Totals|
|||E|E|E|E|
|COST||||||
|At|I January
2022|679,278|23,220|859|703,357|
|Additions||||330|330|
|At|31 December 2022|679,278|23,220|1,189|703,687|
|DEPRECIATION||||||
|At|I January
2022|88,278|15,071|859|104,208|
|Charge
foryear||8,250|1.222||9,472|
|At|31 December 2022|96,528|16.293|859|113,680|
|NET BOOK VALUE||||||
|At|31 December 2022|582,750|6,927|330|590.007|
|At|31 December 2021|591,000|8,149||599,149|
##
|FIX|ED ASSET INVESTMENTS||
|---|---|---|
|||Listed|
|||investments|
|||E|
|MARKET VALUE|||
|At|I January
2022|6,099,060|
|Revaluations||~659,467)|
|At|31 December 2022|5,439,593|
|NET BOOK VALUE|||
|At|31 December 2022|5,439.593|
|At|31 December 2021|6,099,060|
##
##
|FAIR VALUE||
|---|---|
|At I January
2022||
|and 31 December 2022|3,480,000|
|NET BOOK VALUE||
|At 31 December 2022|3,480,000|
|At 31 December 2021|3,480,000|
##
##
|14.|STOCKS|||||||
|---|---|---|---|---|---|---|---|
|||||||2022|2021|
|||||||E||
||Finished goods|||||1,525|5,175|
|15.|DEBTORS: AMOUNTS|FALLING DUE WITHIN ONE YEAR||||||
|||||||2022|2021|
|||||||F,|E|
||Other debtors|||||7,141|7,708|
||Prepayments
and accruedincome|||||17,039|3,225|
|||||||24,180|10,933|
|16.|CREDITORS: AMOUNTS||FALLING DUE WITHIN ONE||YEAR|||
|||||||2022|2021|
||||||||F,|
||Other creditors|||||30,008|35,680|
|17.|LEASING AGREEMENTS|||||||
||Minimum
lease payments|||under non-cancellable|operating|leases fall due as follows:||
|||||||2022|2021|
||Within one year|||||1,848|1,848|
||Between one and five||years|||4,158|6,006|
|||||||6,006|7,854|
##
##
||||||||2022||2021|
|---|---|---|---|---|---|---|---|---|---|
||||||Unrestricted|Restricted|Total||Total|
||||||funds|funds|funds||funds|
|||||||E|||E|
||Fixed assets||||584,467|5.540|590,007||599,149|
||Investments
Current
assets
Current
liabilities||||11,362
247,131
~5340)|8,908,231
115,697
~2.668)|8,919,593
362,828
~30.008)||9,579,060
307,775
~35.680)|
||||||837.620|9.00
.800|9.8 2. 2D||10. 50.304|
|19.|MOVEMENT
IN FUNDS|||||||||
||||||||Net|||
||||||||movement||At|
|||||||At 1.1.22|in funds||31.12.22|
||||||||E|||
||Unrestricted
funds|||||||||
||General
fund|||||I66,849|6,845||173,694|
||Property
Fixed|Asset Reserve||||591,000|(8,250)||582.750|
||Sutton Cheney church|||fabric fund||10,630|189||10.819|
||Cadeby Fabric Fund|||||9,390|34,408||43,798|
||Choir fund|||||132|(49)||83|
||Market Bosworth Parish|||Hall||3,595|4.715||8,310|
||Congerstone|Church|Hall fund|||16,782|1.384||18,166|
|||||||798,378|39.242||837,620|
||Restricted funds|||||||||
||Congerstone|bell ropes||and ringers||241|(241)|||
||Congerstone|Church|Fabric fund|||9.927|(6,105)||3,822|
||St Peter's fund|||||9,629,338|(640,803)||8,988,535|
||Market Bosworth capital reserve|||||476|||476|
||Market Bosworth church fabric fund|||||1,821|18||1,839|
||Congerstone|Heritage||Lottery fund||9,005|||9,005|
||Sponsor a Toy|Bag||||71|||71|
||Sutton Cheney Tomb||fund|||111|||111|
||Sutton Cheney
bells fund|||||422|||427|
||Handbells
Fund (Market|||Bosworth)||514|||514|
|||||||9651.926|~67.)26)||90041)00|
||TOTAL FUNDS|||||10. 50.304|~607.88|I|9.8 2, 20|
##
|||||Incoming|Resources|Gains and|Movement|
|---|---|---|---|---|---|---|---|
|||||resources|expended|losses|in funds|
|||||8|8|8|8|
|Unrestricted
funds||||||||
|General fund||||72,182|(63,842)|(1,495)|6,845|
|Property
Fixed Asset Reserve|||||(8,250)||(8,250)|
|Sutton Cheney church|||fabric fund|189|||189|
|Cadeby Fabric Fund||||34,408|||34,408|
|Choir fund|||||(49)||(49)|
|Market Bosworth
Parish
Hall
Congerstone
Church
Hall fund||||19,753
4,352|(15,038)
~2,968)||4,715
1,384|
|||||130,884|(90,147)|(1,495)|39,242|
|Restricted funds||||||||
|Congerstone
bell|ropes||and ringers||(241)||(241)|
|Congerstone
Church||Fabric fund||11,875|(17,980)||(6,105)|
|St Peter's fund||||153,414|(136,245)|(657,972)|(640,803)|
|Market Bosworlh|church fabric fund|||18|||18|
|Sutton Cheney
bells fund||||5|||5|
|||||165,312|(154,4661|(657,972)|{647,126)|
|TOTAL FUNDS||||296,196|(244,613)|(659,467)|(607,884)|
##
##
##
|Comparatives
for mo|ve|ment
in funds|||||
|---|---|---|---|---|---|---|
|||||Net|Transfers||
|||||movement|between|At|
||||At 1.1.21|in funds|funds|31.12.21|
||||||8||
|Unrestricted
funds|||||||
|General
fund|||170,303|(2,239)|(1,215)|166,849|
|Property
Fixed Asset Reserve|||599,250|(8,250)||591,000|
|Sutton Cheney church||fabric fund|10,602|28||10,630|
|Cadeby Fabric Fund|||9,390|||9,390|
|Choir fund|||157|(25)||132|
|Market Bosworth
Parish||Hall|3,383|(1,003)|1,215|3,595|
|Congerstone
Church|Hall fund||15,437|1,345||16,782|
||||808,522|(10,144)||798,378|
|Restricted funds|||||||
|Congerstone
bell ropes||and ringers|241|||241|
|Congerstone
Church|Fabric fund||7.709|2,218||9,927|
|St Peter's fund|||8,802,718|826,620||9,629.338|
|Market Bosworth capital reserve|||476|||476|
|Market Bosworth church fabric fund|||1,821|||1,821|
|Congerstone
Heritage||Lottery fund|13,794|(4,789)||9,005|
|Sponsor a Toy Bag|||71|||71|
|Sutton Cheney Tomb|fund||111|||111|
|Sutton Cheney bells fund|||422|||422|
|Handbells
Fund (Market Bosworth)
Market Bosworth
Fun Church|||514
49|~49)||514|
||||8.827,926|824,000||9,651,926|
|TOTAL FUNDS|||9,636,448|813,856||10,450,304|
##
|Comparative|net mo|vement
in funds, inc|luded
in the abov|e are as follows:|||
|---|---|---|---|---|---|---|
||||Incoming|Resources|Gains and|Movement|
||||resources|expended|losses|in funds|
||||R|8|E|E|
|Unrestricted
funds|||||||
|General
fund|||61,511|(65,353)|1,603|(2.239)|
|Property
Fixed|Asset Reserve|||(8,250)||(8,250)|
|Sutton Cheney church fabric fund|||28|||28|
|Choir fund||||(25)||(25)|
|Market Bosworth Parish Hall
Congerstone
Church
Hall fund|||15,660
3,315|(16,663)
~1,970)||(1.003)
1,345|
||||80,514|(92,261)|1,603|(10,144)|
|Restricted funds|||||||
|Congerstone|Church|Fabric fund|2,218|||2,218|
|St Peters fund|||147,016|(135,400)|815,004|826,620|
|Congerstone
Heritage
Lottery fund
Market Bosworth Fun Church|||13,171|(17,960)
~491||(4,789)
~49)|
||||162,405|(153,409)|815,004|824,000|
|TOTAL FUNDS|||242,919||245,670)|816,607|813,856|
##
##
##
##
##
##
##
|||2022|2021|
|---|---|---|---|
|||E|E|
|INCOME AND ENDOWMENTS||||
|Donations and legacies||||
|Donations||10,341|14,866|
|Gift aid||8,622|6,757|
|Legacies||5,000||
|Grants||21,792|14,743|
|Planned
giving||19.908|22,067|
|Collections at services||5,297|3.683|
|||70,960|62,116|
|Other trading
activRles||||
|Fete and other events||10,837|2,608|
|Cadeby - Wall appeal||15,760||
|||26,597|2,608|
|Investment
income||||
|Rental income||46,051|46,105|
|Income from listed investments||104,167|100,743|
|Interest received||624|432|
|||150,842|147,280|
|Charitable
activities||||
|Fees forweddings
and funerals||18,554|12.611|
|Church
hall lettings||23,984|14,406|
|Other church activity||3,159|1,798|
|Benefice contribution||2,100|2,100|
|||47,797|30,915|
|Total incoming
resources||296,196|242,919|
|EXPENDITURE||||
|Raising donations
and legacies||||
|Investment
management|costs|4.397|4,397|
|Raising funds||5,353|3,052|
|||9,750|7,449|
|Charitable
activities||||
|Wages||57,836|34,325|
|Pensions||2,703|1,686|
|Church
running
expenses||44,763|39.706|
|Church repairs and maintenance||13,550|21,104|
|Professional fees||4,317|22,340|
|Carried forward||123,169|119,161|
##
||||2022|2021|
|---|---|---|---|---|
||||E|E|
|Charitable
activities|||||
|Brought forward|||123,169|119,161|
|Parish share|||63,800|69,500|
|Hall repairs and maintenance|||2,445|8.035|
|Hall running|costs||8,136|4,953|
|Mission giving and donations|||2.943|1,954|
|Audit fees|||10,080|9,600|
|Congerstone|tower repairs||14,328||
|Congerstone|Extension, repairs and||||
|redecoration||||15,128|
|Choir costs|||490|100|
|Depreciation|offreehold|property|8,250|8,250|
|Fixtures and|fittings||1,222|1,540|
||||234,863|238,221|
|Total resources expended|||244,613|245,670|
|Net Income/(expendBure)|||51,583|~2,751)|