# 



|Parochial<br>Church Council|ofAll Saints with|St.Mary M|agdalene<br>West Brom|wich|||
|---|---|---|---|---|---|---|
|||||||page s|
|Statement of Financial Activities for the year ended 31December 2022|||||||
||||2022|2022|2021|2021|
||||U/R|R|U/R|R|
|incoming Resources: Page 2||Note|||||
|Incoming resources from|donors|2a|40,533.76||47,522.03||
|Other vol. Incoming resources||2b|13,782.37|15,611.60|36,025.60|286.00|
|Inc from charitable<br>&ancillary trading||2c|43,925.17|4,699.57|36,460.13|293,231.43|
|Transfers from investment|accounts|2d|||||
|Income from investments||2e|2,162.06 -|26,384.88|10,015.99|40,099.34|
|Total Incoming Resources|||96,079.24 -|6,073.71|130,023.75|333,616.77|
|Resources used: Page 3|||||||
|Grants||3a|430.73||100.00||
|Activities directly related|to church work|3b|96,138.36||90,212.64||
|Fundraising<br>&publicity expenses||3c|||302.88||
|Church management<br>&admin||3d|13,850.10||7,517.38||
|Weddings<br>and Funerals||3e|447.00||14,647.00||
|Total resources used|||109,972.19||112,779.90||
|Net Incoming/(Outgoing)|resources||13,892.95 -|6,073.71|17,243.85|333,616.77|
|Net Movement<br>in Funds|||13,892.95 -|6,073.71|17,243.85|333,616.77|
|U/R = Unrestricted.|R = Restricted||||||






## 



||||2022|2022|2021|2021|
|---|---|---|---|---|---|---|
|3) Resources used:|||U/R|R|U/R|R|
|3a)Grants:|||||||
|Mission Societies|||||||
|Relief and Development<br>Home Missions|||430.73||100.00||
|All Secular|||||||
|Total<br>(Seepage 4)|||430.73||100.00||
|3b) Activities directly relating <br>Common<br>Fund||to the work ofthe church:|49,453.00||49,902.00||
|Incumbent<br>Expenses|||551.35||605.45||
|Curate Expenses|||485.64||1,475.83||
|Vicarage|||||||
|Curate - Home Repairs/Maintenance|||||||
|Other Clergy Expenses<br>Church - Gas|||6,469.56||8,616.16||
|Church - Electricity|||2,475.42||3,013.43||
|Church<br>-Water|||39.91||136.84||
|Church - Cleaning<br>Materials<br>Church - Bins|||454.00<br>2,286.70||2,698.84<br>2,151.50||
|Church Insurance|||4,962.25||4,299.65||
|Major Repairs<br>Church Maintenance|(please see below)||9,632.68||8,168.51||
|New Hymn Books|||||||
|Altar Service Requirements|||1,780.29||1,262.21||
|Church Yard|||5,531.00||4,372.22||
|Bookstall|||||||
|Training<br>and Mission<br>Salaries (Verger, Choir, Organist &Cleaner)|||12,016.56||80.00<br>3,430.00||
|Coronation<br>Cape|||||||
||||96,138.36||90,212.64||
|3c)Fund Raising and Publicity<br>Fund Raising events expenditure|||||302.88||
||||||302.88||
|3d) Church Management<br>Church Administration|LAdministration<br>(please see below)||12,602.10||6,437.38||
|Inspection ofAccounts|||1,248.00||1,080.00||
||||13,850.10||7,51738||
|3e)Weddings<br>and Funerals<br>Paid to Lichfield|||447.00||14,647.00||
||||447.00||14,647.00||
|Total Resources Used|||109,972.19||112,779.90||





## 

|3b) Ac|tivities|directly relating to|the work ofthe ch|urch:||
|---|---|---|---|---|---|
|||||2022|2021|
|||||U/R|U/R|
|Major|Repairs|comprises:||||
|||Font Holding Fee||||
|||Font Final Payment||||
|||Repaving+<br>Drains||||
|||Organ Work||||
|||Lighting||||
|||Fire Risk Assessment|&Signs|||
|||Sacrisity Work||||



|3d) Further Analysis ofChurch|Management|Management|&Administration|expenses:||
|---|---|---|---|---|---|
|||||2022|2021|
|||||U/R|U/R|
|Church Administration<br>comprises:||||||
|Postage, Printing|ik|Stationery||||
|Telephone||||2,292.53|1,839.26|
|Bank Charges||||646.47|525.54|
|Photocopier<br>Lease||||1,341.62|1,789.63|
|Website||||193.00|175.00|
|Computer<br>Costs||||||
|W/B B/5 Legacies||||4,000.00||
|Signs Scott Ltd||||2,454.00||
|Other Adminstration||Expenses||1,674.48|2,107.95|
|||||12,602.10|6,437.38|





|Parochial Church Co|u|nc|il of All Saints with St.Mary Magdale|ne<br>West Bro|mwich|||
|---|---|---|---|---|---|---|---|
||||||||Page 4|
|The Church Overseas||and Charities Committee||||||
|Allocation offunds for|||the year ended 31December 2022|2022|2022|2021|2021|
|||||U/R|R|U/R|R|
|Missionary<br>Societies||||||||
|Church Army||||||||
|Every Child||||||||
|G.A.P Family Centre-||||||||
|Ghurkha<br>Welfare Trust||||||||
|Relief &Development|||Agencies|||||
|Christian<br>Aid||||||||
|Water Aid||||||||
|Children<br>ln Need||||||||
|Ukraine Appeal||||430.73||||
|||||430.73||||
|Home Missions||||||||
|Air Ambulance||||||||
|Birmingham<br>Childrens|||Hospital|||||
|Bishops Lent Appeal||||||||
|Bishops Ordination|Fund|||||||
|Childrens<br>Society||||||||
|Gifts to Poor of Parish||||||||
|Ordination<br>Candidates||Fund||||100.00||
|RAFA||||||||
|Sandwell<br>Young Carers||||||||
|W Wormwood<br>Trust||||||||
|Unnamed<br>Donation||||||||
|||||||100.00||
|All Secular Charities||||||||
|Acorns Hospice||||||||
|British Red Cross||||||||
|Lepta||||||||
||||Totals|430.73||100.00||





|Fixed Assets (Page 6)|Note|2022|2022|2021|2021|
|---|---|---|---|---|---|
|||U/R|R|U/R|R|
|Tangible fixed assets<br>Investment<br>Assets|4a<br>4b|46,237.00|257,815.15|46,237.00|292,596.47|
|||46,237.00|257,815.15|46,237.00|292,596.47|
|Current Assets||||||
|CBFDeposit Account (Page 7)<br>CBFDeposit Account - Balance of funds|||60,167.67<br>137,000.00||51,771.23<br>138,000.00|
|from sale of7 Hopkins<br>Drive, still held||||||
|by Lichfield at the year end<br>West Bromwich<br>Building Society||62,543.43||56,537.91||
|Investment<br>Fund - CCLA 6203830015||58,303.37||66,082.37||
|Decorations Scheme<br>IDWBRO011||352.03||352.03||
|Debtors (Page 8)<br>30 Day Lloyds Deposit Account<br>Bell Ringers||328.81<br>6,572.43<br>611.05||342.00<br>4,835.28<br>736.78||
|All Saints Players - Current a/c||4,004.56||4,004.56||
|-Deposit a/c||640.72||640.72||
|St.Mary' s||56,411.00||51,007.99||
|St Philips||6,443.00|297,931.00|7,570.86|293,231.43|
|All Saints Footprint<br>Club||1,297.21||1,297.21||
|Youth Fellowship||||||
|Ladies Guild||995.36||995.36||
|Childrens<br>Society||||||
|Cash at LTSBBank - See Liabilities||18,665.66||11,869.79||
|||204,282.63|495,098.67|191,131.14|483,002.66|
|Liabilities||||||
|Accruals &Deferred income (Page 8)||11,254.66||1,821.82||
|Net Current Assets||193,027.97|495,098.67|189,309.32|483,002.66|
|Total Fixed Assets &Net Current Assets||239,264.97|752,913.82|235,546.32|775,599.13|
|(Seenote 8)||||||
|Less: Long Term Liabilities||||||
|Net Assets (Page 5a)||239,264.97|752,913.82|235,546.32|775,599.13|





|||||||||page sa|
|---|---|---|---|---|---|---|---|---|
|Balance Sheet as||at 31 December|2022||(Continued)||||
|Represented<br>by:||||Note|2022|2022|2021|2021|
||||||U/R|R|U/R|R|
|Funds:|||||||||
|Funds B/F|||||235,546.32|775,599.13|218,016.47|442,268.36|
|Incoming <br>Resources|resources<br> used||||96,079.24 -<br>109,972.19|6,073.71|130,023.75<br>112,779.90|333,616.77|
|Transfer between||U/R & Rfunds|in year||16,611.60 -|16,611.60|286.00 -|286.00|
|Suspense|Items||||1,000.00||||
||||||239,264.97|752,913.82|235,546.32|775,599.13|





|4) Fixed Assets (for use by the P.C.C.)|4) Fixed Assets (for use by the P.C.C.)|4) Fixed Assets (for use by the P.C.C.)|4) Fixed Assets (for use by the P.C.C.)||||||||
|---|---|---|---|---|---|---|---|---|---|---|
||||||2022||||2021||
|a)||Tangible<br>Fixed Assets|||Freehold|land and buildings|||||
|||Cost|||||||||
|||Brought Forward|||46,237.00||||46,237.00||
|||Additions|||||||||
|||Carried Forward|||46,237.00||||46,237.00||
|||Depreciation|||||||||
|||Brought Forward|||||||||
|||Charge for year|||||||||
|||Carried Forward|||||||||
|||Net BookValue|||||||||
|||Carried Forward|||46,237.00||||46,237.00||
|||Brought Forward|||||||||
|The "Freehold Land and Buildings" comprises the|||||curate's house located at 50,|||Wilford|Road,||
|West Bromwich. The gross book value is based||||on the value estimated|||with the|Ecclesiastical|||
|Insurance|Company.||||||||||
|Depreciation||is again considered|inappropriate|on the property.|||||||
|b)|||||||||||
||||||Value @31/12/2022||||Value CI31/12/2021||
||||||U/R|||R|U/R|R|
|Investment||Trust 243|||||||||
|Units in CBF's Investment<br>Fund|||243IR||||||||
|Investment||Trust 1770|||||||||
|11619I/F|shares (MB Fund)||||||240,064.81||272,094.90||
|12947 FISFShares (MB Fund)|||||||17,750.34||20,501.57||
||||||||257,815.15||292,596.47||





|5) CBF|Deposit|Accounts|||||
|---|---|---|---|---|---|---|
||||Value ei|31/12/2022|Value III|31/12/2021|
||||U/R|R|U/R||
|Investment<br>Fund||re Trust 1770|||||
|Brought|forward|||51,771.23||44,265.72|
|Dividend|Income|||7,649.97||7,481.31|
|Interest|Received|||746.47||24.20|
|Funds released|||||||
|Carried|forward|||60,167.67||51,771.15|
|||Grand Total||60,167.67||51,771.23|





|Parochial Church C|ouncil of|All Saints wit|h St.Mary Ma|gdalene<br>West|-Bromwich||||
|---|---|---|---|---|---|---|---|---|
||||||||Page g||
|Notes to the accounts for the year ended|||31December|2022 (continued)|||||
|6) Debtors and Prepayments|||||||||
||||U/R 2022|R2022|U/R 2021|R2021|Total 2022|Total 2021|
|Telephone<br>&copier|rental||328.81||342.00||328.81|342.00|
|Due from Lichfield Cathedral||bookstore|||||||
|Due from St Mary's|Church||||||||
|Maintenance<br>contracts|||||||||
||||328.81||342.00||328.$1|342.00|
|7) Liabilities|||||||||
||||U/R 2022|R2022|U/R 2021|R2021|Total 2022|Total 2021|
|Amounts<br>falling due within one year|||||||||
|Provisions and deferred<br>income|||1,552.00||1,552.00||1,552.00|1,552.00|
|Bank overdraft|||||||||
|Donations owed|||533.66||533.66||533.66|533.66|
|Creditors<br>(including|loan installment)||9,169.00||263.84||9,169.00|263.84|
||||11,254.66||1,$21.$2||11,254.66|1,821.$2|
|Provisions<br>and Deferred Income (Unrestricted<br>but Designated)|||||||||
||||2022||2021||||
||||U/R||U/R||||
|S.Lord|||201.00||201.00||||
|S.Lord ASPS|||400.00||400.00||||
|Z Farr|||951.00||951.00||||
||||1,552.00||1,552.00||||
|Creditors|||2022||2021||||
||||U/R||U/R||||
|Bin Collection Costs|Outstanding||200.00||200.00||||
|Inspection ofaccounts|||1,200.00||1,080.00||||
|Gas &Electricity Bills Outstanding|||800.00||800.00||||
|Balance ofCommon|Fund of|Expenses|||2,343.84||||
|Lichfield - Weddings|&Funerals||6,969.00||||||
||||9,169.00||263.84||||
|Total Liabilities and|Creditors||10,721.00||1,288.16||||
|8)Analysis ofNet Assets by||Fund|||||||
||||U/R 2022|R2022|U/R 2021|R2021|Total 2022|Total 2021|
|Fixed Assets|||46,237.00|257,815.15|46,237.00|292,596.47|304,052.15|338,833.47|
|Current Assets|||204,282.63|495,098.67|191,131.14|483,002.66|699,381.30|674,133.80|
|Current<br>Liabilities|||11,254.66||1,821.82||11,254.66|1,821.82|
|Fund Balance|||239,264.97|752,913.82|235,546.32|775,599.13|992,178.79|1,011,145.45|