| Notes to t | he | Financial | Repo | rt | ||
|---|---|---|---|---|---|---|
| 15 Summary of funds |
||||||
| Fund income and expenditure | and final balances | are as follows: | ||||
| Balances | Transfers, | Balances | ||||
| b/fwd | other gains | c/fwd | ||||
| 1ian 2023 | income | Expenditure | and losses | 31Dec2023 | ||
| Bonsey Fund | 20744 | 1952 | 22696 | |||
| churchyard Trust |
5017 | 408 | 5425 | |||
| Clock Field Fund | 4377 | 402 | 4779 | |||
| Total of all endowed funds | 30138 | 2762 | 32900 | |||
| Chancel Trust | 1401 | 45 | 1446 | |||
| Extension Fund |
261244 | 3237 | 264481 | |||
| Total of all restricted funds | 292783 | 3237 | 2807 | 298827 | ||
| General fund | 49501 | 98965 | 84382 | 64084 | ||
| Total of all unrestdicted | funds | 49501 | 98965 | 84382 | 64084 | |
| Total funds | 342284 | 102202 | 84382 | 2807 | 362911 |
| Unrestricted | Unrestricted | Total | Total | |||||
|---|---|---|---|---|---|---|---|---|
| General | Designated | Restricted | All Funds | All Funds | ||||
| Fund | Funds | Fufld s | 2023 | 2022 | Notes | |||
| Street Fair expenses | 1691 | 1691 | ||||||
| Concert posters &.musicians |
84 | 881 | ||||||
| expenses | ||||||||
| Other appeals expenses | 25 | |||||||
| Cost ofraising funds | 1775 | 1775 | 906 | |||||
| Charitable grants and |
donations | 584 | 1505 | |||||
| Parish share to Chichester Diocese | 59096 | 59096 | 47500 | 6 | ||||
| Salaries and honoraria | incl Nl | 600 | 600 | 600 | 11 | |||
| Clergy and other people's expenses | 148 | 2889 | ||||||
| Mission &evangelism | costs | 3219 | 3219 | 4648 | ||||
| Sunday school/Children' | swork | 620 | 620 | |||||
| Insurance | 2574 | 2574 | 2399 | |||||
| Water, Gas, Electricity, | and Oil | 2118 | 2119 | 3153 | ||||
| Printing &photocopying |
258 | |||||||
| Vicarage Expenses | 118 | 118 | 2984 | |||||
| Churchyard Maintenance |
7663 | 7663 | 18899 | |||||
| Church maintenance & redecoration |
2092 | 2093 | 1740 | |||||
| Extension Project Costs | ||||||||
| Parish Fees | 3951. | |||||||
| Charitable costs |
78832 | 78832 | 9061.0 | |||||
| Sharpthorne Hall Running |
Costs | 1124 | 1124 | 2004 | ||||
| Magazine expenses | 2585 | 2585 | 1872 | |||||
| Admin and Bank Charges | 66 | 66 | 215 | |||||
| Depreciation | ||||||||
| Trading costs | 3775 | 3775 | 4091 | |||||
| Other payments | ||||||||
| Total paid on all funds | 84382 | 84382 | 95607 |
| 1 The financial statements | of | the PCC | have been prepared | in accordance | in accordance | in accordance | with the | Charities Act | 2011and current | 2011and current | Church | Church | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Accounting Regulations, using |
the Receipts and Payments | basis. | |||||||||||
| 2 The following assets are recognised | but not valued in the Statement |
of | Assets and Liabilities: | Movable church | furnishings | ||||||||
| held by the churchwardens | on | special | trust for the PCC, which require | a | faculty for disposal. The | Horsham Stone |
has | been | |||||
| released and the funds received back | into the account. | ||||||||||||
| 3 Analysis oftotal received | |||||||||||||
| Unrestricted | Total | rotor | |||||||||||
| General | Designated | Restricted | All Funds | All Funds | |||||||||
| Fund | Funds | Fund s | 2023 | 2022 | Notes | ||||||||
| Planned giving (excl.tax refunds) |
34203 | 34203 | 32827 | ||||||||||
| Planned giving (no tax refunds) |
7703 | 7703 | 2533 | ||||||||||
| Collections at all services and | wall safe | 83S7 | 8387 | 10887 | |||||||||
| Churchyard Donations |
1572 | 1572 | 8065 | ||||||||||
| Gift Aid recovered | 9353 | 9353 | 9919 | ||||||||||
| Sundry Donations and Appeals | 9910 | 9916 | 6173 | ||||||||||
| Legacies | 1000 | 1000 | 0 | ||||||||||
| Grants | 1350 | 1350 | 2300 | ||||||||||
| Charity Collection | 584 | 584 | 244 | ||||||||||
| Donations and legacies |
74062 | 74068 | 71948 | ||||||||||
| Fees for weddings &funerals |
9245 | 9245 | 13049 | ||||||||||
| Chantable acttvities |
9245 | 9245 | 13049 | ||||||||||
| Fetes and other fundraising activities |
6304 | 6304 | 5760 | ||||||||||
| Emmaus receipts | 280 | ||||||||||||
| Sales ofthe parish magazine |
3105 | 3105 | 3695 | ||||||||||
| HMRC Refund | |||||||||||||
| Lettings &Income Sharpthorne | Hall | 1678 | 1678 | 979 | |||||||||
| Magazine Advertisement fees |
720 | 720 | 560 | ||||||||||
| Refunds and Insurance Receipts |
2111 | 2111 | 8140 | ||||||||||
| Other trading activities | 14198 | 14198 | 19518 | ||||||||||
| Bank &CBFdeposit interest | 104 | 3231 | 3335 | 716 | |||||||||
| CBFinvestment fund dividend |
430 | 430 | 297 | ||||||||||
| Letting ofinvestment property |
|||||||||||||
| Investments | 534 | 3231 | 3765 | 1013 | |||||||||
| Contributions from All Saints |
Highbrook | 926 | 926 | 1084 | |||||||||
| Total received on all funds | 9S965 | 3237 | 102202 | 106612 | |||||||||
| St Margaret's West Hoxthlv |
TRUSTEES ANNUAL | REPORT ANO | ANNUAL | FINANCIAL REPORT |
11IPsge |
| unrestricted | unrestricted | Total | Total | |||||
|---|---|---|---|---|---|---|---|---|
| General | Designated | Restricted | Endowed | Ag Funds | All Funds | |||
| Fund | Funds | ~Fund s | ~Fund s | 2023 | 2022 | Notes | ||
| Assets: | ||||||||
| Bank current account | 64084 | 45968 | 110052 | 95463 | ||||
| Depaslt Accounts | 218513 | 215813 | 215282 | |||||
| PCC-owned | bank balance | 64084 | 264481 | 328565 | 310745 | R&P | ||
| Diocesan Assigned Fees received | ||||||||
| Total bank | and deposit accounts | eess4 | 264481 | 328565 | 310745 | |||
| Wedding fees not yet received | ||||||||
| Loca I Authority grant for churchyard |
||||||||
| Debtors | ||||||||
| Endowment | &Restricted | 34346 | 34346 | 31539 | ||||
| Investment | assets at market value | 34346 | 34346 | 31539 | ||||
| Investment | assets at cost | |||||||
| Total assets | e4084 | 264481 | 34346 | 362911 | 342284 | |||
| Liabilities: | ||||||||
| Total liabilities |
| he financial effect of | our activ | ities during the year can | ities during the year can | be summarised | as follo | ws | |||
|---|---|---|---|---|---|---|---|---|---|
| Unrestricted | Total | Total | |||||||
| General | oesignated | Restricted | Endowed | All Funds | All Funds | ||||
| Fund | Funds | ~Fund s | ~Fund | s | 2023 | ZD22 | Notes | ||
| income and endowments | from: | ||||||||
| Donattons and legaoes |
74062 | 74068 | 7194S | ||||||
| Charitable activities |
9245 | 9245 | 13049 | ||||||
| Other trading activities | 14198 | 14198 | 19518 | ||||||
| investments | 534 | 3231 | 3810 | 1013 | |||||
| Other receipts | 926 | 926 | 1084 | ||||||
| Total received | 98965 | 3237 | 102202 | 106612 | 3 | ||||
| Expenditure on: |
|||||||||
| Cost of raising funds | 1775 | 1775 | 906 | ||||||
| Charitable costs |
78832 | 78832 | 90610 | ||||||
| Trading costs | 3775 | 3775 | 4091 | ||||||
| Other payments | |||||||||
| Total paid | 84382 | 84382 | 95607 | 5 | |||||
| Reconciliation offunds. | |||||||||
| Net Income or (net expend tture) | 14583 | 3237 | 17820 | 11005 | |||||
| Transfers between funds | |||||||||
| Net movement in funds |
|||||||||
| Bank accounts at 1January | 310745 | 299740 | |||||||
| Bank accounts at31December | 328565 | 310745 | A&L |