**Charity registration number 1154645**
**THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. JOHN THE BAPTIST CHURCH LITTLE MISSENDEN**
**ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022**
**THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. JOHN THE BAPTIST CHURCH LITTLE MISSENDEN**
## **LEGAL AND ADMINISTRATIVE INFORMATION**
## **Parochial Church Council**
Rev. John Simpson Gareth Beynon Marian Dickinson Gloria Haynes John Lamb Colin Barker Helen M Tolmie-Thomson Dr. Catherine Elphinstone Jonathan Jones (Appointed 15 March 2023)
## **Charity number**
1154645
**Independent examiner**
Rouse Partners LLP 55 Station Road Beaconsfield Buckinghamshire HP9 1QL
**THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. JOHN THE BAPTIST CHURCH LITTLE MISSENDEN**
## **CONTENTS**
||**Page**|
|---|---|
|Trustees report|1 - 3|
|Independent examiner's report|4|
|Statement of financial activities|5|
|Balance sheet|6|
|Notes to the financial statements|7 - 15|
**THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. JOHN THE BAPTIST CHURCH LITTLE MISSENDEN**
## **TRUSTEES REPORT**
## _**FOR THE YEAR ENDED 31 DECEMBER 2022**_
The Parochial Church Council present their annual report and financial statements for the year ended 31 December 2022.
The accounts have been prepared in accordance with the accounting policies set out in note 1 to the accounts and comply with the Council's governing document, the Charities Act 2011 and “Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)” (as amended for accounting periods commencing from 1 January 2016)
## **Objectives and activities**
The Council's objects are, as defined by the Parochial Church Council (Powers) Measure 1956, 'to co-operate with the minister in promoting in the parish the whole mission of the Church, pastoral, evangelistic, social and ecumenical'.
Little Missenden Parish aims to enhance the spiritual welfare of our people and communities, practising hospitality by being an 'Open House' all day every day for everyone. We desire to be an inclusive, compassionate, affirming presence at the heart of our community, to practise forgiveness, to demonstrate love in action, to point sacramentally to eternal themes and kingdom values, not least in evoking beauty and mystery in our worship, in topical, challenging preaching, in practising hospitality, in being God's Family.
The church relies on the voluntary work of many people within the church and the PCC very much appreciate their service to the church and the local community.
## **Achievements and performance**
The electoral roll was 133 (2021: 140) and the median adult attendance on Sundays was 45 (2021: 38).
## **Financial review**
2022 was a mixed year financially but examination reveals similar net results to 2021
Credit card donations increased by £1,119 and Parish Giving by £2,387 with the resultant increase in Gift Aid tax refunds. There was a small decrease in the number of donors giving via Parish Giving but financially this was more than offset by donations from those who have agreed to uplift their donations annually in line with inflation. On the expenditure side, the biggest movement was a reduction of £1,680 in the Parish Share but notable costs were £1,021 for new light switches for wall paintings controls and £966 for music- organist fees, organ maintenance etc. It should be noted that major expenditure will be required to overhaul the organ over the near future.
The General fund shows a deficit of £3,169 (2021 : £2,729) but this includes printing costs of £3,732 for the platinum Places recipe book which did not go on sale until January 2023. That item apart, fundraising over the year was a success with net proceeds in excess of £9,600 due substantially to activities during the Patronal Festival. Cream teas and the 200 Club also continue to make their valuable contributions - £3,406 (2021: £2,429) and £1,430 (2021: £1,370) respectively.
There was no unusual or large expenditure on fabric , the churchyards , the graveyards or the bells during the year and thus the balance of the funds received from MacEachran Trustees in 2021 (£6,000) referred to in the 2021 report.
In summary, the overall deficit was £8,423 (2021: surplus £9,266) following inclusion of the annual valuation of the Endowment Fund deficit £4,783 (2021: surplus £5,085).
- 1 -
## **THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. JOHN THE BAPTIST CHURCH LITTLE MISSENDEN**
## **TRUSTEES REPORT (CONTINUED)**
## _**FOR THE YEAR ENDED 31 DECEMBER 2022**_
It is the policy of the Council that in accordance with the Church of England's guidance, the PCC has determined its approach to the need for a Reserves Policy. Best practice looks for a Parish to ensure it holds sufficient cash and/or liquid assets as a percentage of annual expenditure to meet unforeseen emergencies. Considerations at this Parish include general running costs, employee costs and the possible emergence of substantial expenditure related to the maintenance of a Grade 1 listed building. At balance sheet date the free reserves stand at £64,099 which represents 68% of annual running costs (2021: 75%).
The Fabric Fund (restricted) holds donations specifically for the maintenance of the fabric. The Davis bequest produces income for that fund and as an endowment fund it is held for the long term and is therefore invested in a CBF equity fund.
The Bells Fund (restricted) was established in 2007 in connection with an appeal to raise money for repairs to the bells and is now used for their maintenance.
The Graveyard Fund (restricted) was established in 2008 to hold monies given for the maintenance of the churchyards.
The 200 Club is a Designated Fund established in 2011. The £5 monthly subscriptions are entered into a draw with 33% paid out in prizes and the balance transferred to the General Fund. The year-end balance represents unpaid cheques and subscriptions paid in advance and is held in a separate bank current account.
The Friends of Little Missenden PCC was established in 2015 as a sub-committee of the PCC. The objectives are to advance the mission and ministry of the church, to raise funds to fund that ministry and for the repair and conservation of the church. Funds are held in a separate bank account.
## **Structure, governance and management**
The Council is a company limited by guarantee.
The Parochial Church Council who served during the year and up to the date of signature of the financial statements were:
Rev. John Simpson Gareth Beynon Marian Dickinson Gloria Haynes John Lamb Colin Barker James H Clephan (Resigned 15 March 2023) Matthew R Tilling (Resigned 31 December 2022) Helen M Tolmie-Thomson Dr. Catherine Elphinstone Jonathan Jones (Appointed 15 March 2023)
The PCC is a corporate body established by the Church of England. Its governing documents are the Parochial Church Council (Powers) Measure 1956 as amended and the Church Representation Rules.
PCC members are recruited in a number of ways. The clergy and churchwardens are members by virtue of their office. Deanery Synod representatives are elected at the Annual Parochial Church Meeting (APCM) and hold office for three years. Other members of the PCC are elected at the APCM for a three year term or may be coopted during the year.
The PCC makes all decisions corporately except that the Standing Committee has delegated powers to make decisions between PCC meetings subject to keeping the PCC informed as necessary.
- 2 -
## **THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. JOHN THE BAPTIST CHURCH LITTLE MISSENDEN**
## **TRUSTEES REPORT (CONTINUED)**
## _**FOR THE YEAR ENDED 31 DECEMBER 2022**_
The PCC is responsible for all parish finance, its management and control, including the appointment of a treasurer. Members of the PCC are responsible for keeping accounting records, which disclose with reasonable accuracy the financial position of the PCC and which enable them to ascertain the financial position of the PCC and which enable them to ensure that the financial statements comply with the Church Accounting Regulations 2006 and the Charities Act 1993. The PCC is also responsible for safeguarding its assets and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. The PCC is also required to ensure that the financial statements are examined by an independent examiner prior to presentation to the APCM.
There are the following committees:
Standing Committee - consists of the Incumbent, the Churchwardens, the Licensed Lay Ministers and the Treasurer. The committee has power to transact the business of the PCC between PCC meetings, reporting to the full PCC as appropriate.
The church is part of the Wendover Deanery, which is part of the Diocese of Oxford.
The trustees report was approved by the Board of Parochial Church Council.
..............................
## **Rev. John Simpson**
Trustee Dated: .........................
- 3 -
**THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. JOHN THE BAPTIST CHURCH LITTLE MISSENDEN**
## **INDEPENDENT EXAMINER'S REPORT**
## **TO THE PAROCHIAL CHURCH COUNCIL OF THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. JOHN THE BAPTIST CHURCH LITTLE MISSENDEN**
I report on the accounts of the Council for the year ended 31 December 2022, which are set out on pages 5 to 15.
## **Respective responsibilities of Parochial Church Council and examiner**
The Council’s Parochial Church Council are responsible for the preparation of the financial statements. The charity's Parochial Church Council consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.
It is my responsibility to:
- (i) examine the financial statements under section 145 of the 2011 Act;
- (ii) to follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act; and
- (iii) to state whether particular matters have come to my attention.
## **Basis of independent examiner's report**
My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the financial statements presented with those records. It also includes consideration of any unusual items or disclosures in the financial statements, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the financial statements present a ‘true and fair view’ and the report is limited to those matters set out in the next statement.
## **Independent examiner's statement**
Your attention is drawn to the fact that the charity has prepared financial statements in accordance with Accounting and reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) in preference to the Accounting and Reporting by Charities: Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has now been withdrawn.
I understand that this has been done in order for the financial statements to provide a true and fair view in accordance with Generally Accepted Accounting Practice effective for reporting periods beginning on or after 1 January 2015.
In connection with my examination, no other matter except that referred to in the previous paragraph has come to my attention:
- (a) which gives me reasonable cause to believe that in any material respect the requirements:
- (i) to keep accounting records in accordance with section 130 of the 2011 Act; and
- (ii) to prepare financial statements which accord with the accounting records and comply with the accounting requirements of the 2011 Act;
- have not been met or
- (b) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the financial statements to be reached.
Rouse Partners LLP Majid Sadeghi ACCA 55 Station Road Beaconsfield Buckinghamshire HP9 1QL Dated: .........................
- 4 -
## **THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. JOHN THE BAPTIST CHURCH LITTLE MISSENDEN**
## **STATEMENT OF FINANCIAL ACTIVITIES**
## _**FOR THE YEAR ENDED 31 DECEMBER 2022**_
|**Unrestricted**
**Restricted Endowment**
**funds**
**funds**
**funds**
**2022**
**2022**
**2022**
**Notes**
**£**
**£**
**£**
**Income from:**
Donations and legacies
**3**
72,217
2,094
-
Charitable activities
**4**
18,024
-
-
Investments
**5**
464
1,066
-
**Total income**
90,705
3,160
-
**Expenditure on:**
Charitable activities
**6**
93,874
3,631
-
Net gains/(losses) on investments
**8**
-
-
(4,783)
**Net movement in funds**
(3,169)
(471)
(4,783)
**Net movement in funds**
(3,169)
(471)
(4,783)
Fund balances at 1 January 2022
67,268
30,907
40,630
**Fund balances at 31 December 2022**
64,099
30,436
35,847|**Total Unrestricted**
**Restricted Endowment**
**funds**
**funds**
**funds**
**2022**
**2021**
**2021**
**2021**
**£**
**£**
**£**
**£**
74,311
67,508
20,209
-
18,024
18,793
-
-
1,530
15
1,031
-
93,865
86,316
21,240
-
97,505
89,045
14,330
-
(4,783)
-
-
5,085
(8,423)
(2,729)
6,910
5,085
(8,423)
(2,729)
6,910
5,085
138,805
69,997
23,997
35,545
130,382
67,268
30,907
40,630|**Total**
**2021**
**£**
87,717
18,793
1,046|
|---|---|---|
|||107,556|
|||103,375|
|||5,085|
|||9,266
9,266
129,539|
|||138,805|
The statement of financial activities includes all gains and losses recognised in the year.
All income and expenditure derive from continuing activities.
- 5 -
## **THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. JOHN THE BAPTIST CHURCH LITTLE MISSENDEN**
## **BALANCE SHEET**
## _**AS AT 31 DECEMBER 2022**_
|**Notes**
**Fixed assets**
Investments
**9**
**Current assets**
Debtors
**10**
Cash at bank and in hand
**Creditors: amounts falling due within**
**one year**
**11**
Net current assets
**Total assets less current liabilities**
**Capital funds**
Endowment funds - general
**12**
**Income funds**
Restricted funds
**13**
Unrestricted funds
Designated funds
**14**
General unrestricted funds|**2022**
**£**
521
95,334
95,855
(1,320)
10,819
53,280|**£**
35,847
94,535
130,382
35,847
30,436
64,099
130,382|**2021**
**£**
-
99,495
99,495
(1,320)
8,515
58,753|**£**
40,630
98,175|
|---|---|---|---|---|
|||||138,805|
|||||40,630
30,907
67,268|
|||||138,805|
The financial statements were approved by the Parochial Church Council on .........................
|..............................|..............................|
|---|---|
|Rev. John Simpson|John Lamb|
|**Trustee**|**Trustee**|
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**THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. JOHN THE BAPTIST CHURCH LITTLE MISSENDEN**
## **NOTES TO THE FINANCIAL STATEMENTS** _**FOR THE YEAR ENDED 31 DECEMBER 2022**_
## **1 Accounting policies**
## **Charity information**
The Parochial Church Council of The Ecclesiastical Parish of St. John the Baptist Church Little Missenden is an unincorporated charity.
## **1.1 Accounting convention**
The accounts have been prepared in accordance with the Council's governing document, the Charities Act 2011 and “Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)” (as amended for accounting periods commencing from 1 January 2016). The Council is a Public Benefit Entity as defined by FRS 102.
The Council has taken advantage of the provisions in the SORP for charities applying FRS 102 Update Bulletin 1 not to prepare a Statement of Cash Flows.
The financial statements are prepared in sterling, which is the functional currency of the Council. Monetary amounts in these financial statements are rounded to the nearest £.
The accounts have been prepared under the historical cost convention, modified to include the revaluation of investment and certain financial instruments at fair value. The principal accounting policies adopted are set out below.
## **1.2 Going concern**
At the time of approving the financial statements, the Parochial Church Council have a reasonable expectation that the Council has adequate resources to continue in operational existence for the foreseeable future. Thus the Parochial Church Council continue to adopt the going concern basis of accounting in preparing the financial statements.
## **1.3 Charitable funds**
Unrestricted funds are available for use at the discretion of the Parochial Church Council in furtherance of their charitable objectives.
Restricted funds are subject to specific conditions by donors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.
Endowment funds are subject to specific conditions by donors that the capital must be maintained by the Council.
## **1.4 Incoming resources**
Income is recognised when the Council is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.
Cash donations are recognised on receipt. Other donations are recognised once the Council has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of when the refund is received from HMRC.
Legacies are recognised on receipt or otherwise if the Council has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset.
- 7 -
**THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. JOHN THE BAPTIST CHURCH LITTLE MISSENDEN**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 DECEMBER 2022**_
## **1 Accounting policies**
## **(Continued)**
## **1.5 Fixed asset investments**
Fixed asset investments are initially measured at transaction price excluding transaction costs, and are subsequently measured at fair value at each reporting date. Changes in fair value are recognised in net income/(expenditure) for the year. Transaction costs are expensed as incurred.
## **1.6 Cash and cash equivalents**
Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
## **1.7 Financial instruments**
The Council has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the Council's balance sheet when the Council becomes party to the contractual provisions of the instrument.
Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.
## _**Basic financial assets**_
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.
## _**Basic financial liabilities**_
Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.
Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.
## _**Derecognition of financial liabilities**_
Financial liabilities are derecognised when the Council’s contractual obligations expire or are discharged or cancelled.
- 8 -
**THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. JOHN THE BAPTIST CHURCH LITTLE MISSENDEN**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 DECEMBER 2022**_
## **2 Critical accounting estimates and judgements**
In the application of the Council’s accounting policies, the Parochial Church Council are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.
## **3 Donations and legacies**
|**Unrestricted**
**Restricted**
**funds**
**funds**
**£**
**£**
Donations and gifts
56,500
2,094
Legacies receivable
-
-
Membership fees
2,218
-
Tax recovered
13,499
-
72,217
2,094
**For the year ended 31 December 2021**
67,508
20,209|**Total**
**2022**
**£**
58,594
-
2,218
13,499
74,311|**Total**
**2021**
**£**
71,875
2,000
-
13,842|
|---|---|---|
|||87,717|
|||87,717|
## **4 Charitable activities**
||**Charitable**|**Charitable**|
|---|---|---|
||**Income**|**Income**|
||**Heading 1**|**Heading 1**|
||**2022**|**2021**|
||**£**|**£**|
|Church activities and fundraising|18,024|18,793|
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**THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. JOHN THE BAPTIST CHURCH LITTLE MISSENDEN**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 DECEMBER 2022**_
## **5 Investments**
|**Unrestricted**
**Restricted**
**Total**
Unrestricted
**funds**
**funds**
funds
**2022**
**2022**
**2022**
2021
**£**
**£**
**£**
£
Investment income
11
1,066
1,077
-
Interest receivable
453
-
453
15
464
1,066
1,530
15
**Charitable activities**
**Unrestricted**
**funds**
**Restricted**
**funds**
**£**
**£**
Parochial expenses
12,826
-
Church running costs
12,154
3,631
Fund raising costs
428
-
Independent examiner fee
1,320
-
Priest expenses
2,496
-
Wedding, funerals & ashes
2,509
-
Parish shares
61,416
-
200 Club Prizes
725
-
93,874
3,631
**Analysis by fund**
Unrestricted funds
93,874
-
Restricted funds
-
3,631
93,874
3,631|Restricted
funds
2021
£
1,031
-
1,031
**Total**
**2022**
**£**
12,826
15,785
428
1,320
2,496
2,509
61,416
725
97,505
93,874
3,631
97,505|Total
2021
£
1,031
15|
|---|---|---|
|||1,046|
|||**Total**
**2021**
**£**
6,578
25,781
1,370
1,320
2,496
2,734
63,096
-|
|||103,375|
||||
## **6 Charitable activities**
## **7 Parochial Church Council**
None of the Parochial Church Council (or any persons connected with them) received any remuneration or benefits from the Council during the year. Reverend John Simpson received £2,496 as reimbursement for his expenses.
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**THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. JOHN THE BAPTIST CHURCH LITTLE MISSENDEN**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 DECEMBER 2022**_
|**8**
**Net gains/(losses) on investments**
Revaluation of investments
**9**
**Fixed asset investments**
**Cost or valuation**
At 1 January 2022
Valuation changes
At 31 December 2022
**Carrying amount**
At 31 December 2022
At 31 December 2021
**10**
**Debtors**
**Amounts falling due within one year:**
Other debtors
**11**
**Creditors: amounts falling due within one year**
Accruals and deferred income||**2022**
**2021**
**£**
**£**
(4,783)
5,085
**Investment**
**asset**
**£**
40,630
(4,783)
35,847
35,847
40,630
**2022**
**2021**
**£**
**£**
521
-
**2022**
**2021**
**£**
**£**
1,320
1,320|
|---|---|---|
||||
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**THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. JOHN THE BAPTIST CHURCH LITTLE MISSENDEN**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 DECEMBER 2022**_
## **12 Endowment funds**
Endowment funds represent assets which must be held permanently by the Council. Income arising on the endowment funds can be used in accordance with the objects of the Council and is included as unrestricted income. Any capital gains or losses arising on the assets form part of the fund.
||**Balance at**|**Revaluations**|**Balance at**|**Revaluations**|**Balance at**|
|---|---|---|---|---|---|
||**1 January**|**gains and**|**1 January**|**gains and**|**31**|
||**2021**|**losses**|**2022**|**losses**|**December**|
||**£**|**£**|**£**|**£**|**2022**
**£**|
|**Permanent endowments**||||||
|Davis bequest|35,545|5,085|40,630|(4,783)|35,847|
||35,545|5,085|40,630|(4,783)|35,847|
## **13 Restricted funds**
The income funds of the charity include restricted funds comprising the following unexpended balances of donations and grants held on trust for specific purposes:
|||**Movement in funds**|**Movement in funds**||**Movement in funds**|**Movement in funds**||
|---|---|---|---|---|---|---|---|
||**Balance at**|**Incoming**|**Resources**|**Balance at**|**Incoming**|**Resources**|**Balance at**|
||**1 January**|**resources**|**expended**|**1 January**|**resources**|**expended**|**31**|
||**2021**|||**2022**|||**December**|
||**£**|**£**|**£**|**£**|**£**|**£**|**2022**
**£**|
|Fabric fund|18,863|10,116|(3,264)|25,715|1,356|(811)|26,260|
|Bells fund|437|54|(285)|206|-|-|206|
|Churchyard||||||||
|fund|4,697|11,070|(10,781)|4,986|1,804|(2,820)|3,970|
||23,997|21,240|(14,330)|30,907|3,160|(3,631)|30,436|
- 12 -
**THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. JOHN THE BAPTIST CHURCH LITTLE MISSENDEN**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 DECEMBER 2022**_
## **14 Designated funds**
The income funds of the charity include the following designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes:
|||**Movement in funds**|**Movement in funds**||**Movement in funds**|**Movement in funds**||
|---|---|---|---|---|---|---|---|
||**Balance at**|**Incoming**|**Resources**|**Balance at**|**Incoming**|**Resources**|**Balance at**|
||**1 January**|**resources**|**expended**|**1 January**|**resources**|**expended**|**31**|
||**2021**|||**2022**|||**December**|
||**£**|**£**|**£**|**£**|**£**|**£**|**2022**
**£**|
|200 club fund|470|2,485|(2,315)|640|2,432|(827)|2,245|
|Friends of||||||||
|Little||||||||
|Missenden|7,118|2,017|(1,260)|7,875|699|-|8,574|
||7,588|4,502|(3,575)|8,515|3,131|(827)|10,819|
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## **THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. JOHN THE BAPTIST CHURCH LITTLE MISSENDEN**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 DECEMBER 2022**_
|**15**
**Analysis of net assets between funds**
**General fund**
**Restricted**
**fund**
**Endowment**
**fund**
**2022**
**2022**
**2022**
**£**
**£**
**£**
Fund balances at 31 December 2022 are
represented by:
Investments
-
-
35,847
Current assets/(liabilities)
64,099
30,436
-
64,099
30,436
35,847|**Total** General fund
Restricted
fund
Endowment
fund
**2022**
2021
2021
2021
**£**
£
£
£
35,847
-
-
40,630
94,535
67,268
30,907
-
130,382
67,268
30,907
40,630|Total
2021
£
40,630
98,175|
|---|---|---|
|||138,805|
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# **THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. JOHN THE BAPTIST CHURCH LITTLE MISSENDEN**
# **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 31 DECEMBER 2022**_
## **16 Related party transactions**
There were no disclosable related party transactions during the year (2021- none).
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