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|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|
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||||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||
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|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|
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|||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|||||||||
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|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|