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2022-12-31-accounts

St James Church Sutton

Treasurer’s Report to the PCC – March 2023 For 2022 Accounts

The Accounts for 2022 have been approved by our Independent Examiner, and are now submitted to the Meeting of the PCC for adoption, prior to being submitted to the APCM for information, and to being �iled with the Diocese and the Charity Commission

The attached �igures show the Church Accounts, for the full year to 31 December 2022.

This year the main expenditure has been the completion of the Church Hall refurbishment. Brie�ly, the overall cost was £337,030.11 the impact of this on our accounts was reduced by the work done by Mrs Janet Parkinson and Mrs Suzy Broadrick who secured £39,679 in grants. The project meant we drew down over £200,000 from our investments, namely, The Findlow Fund. The treasurer and PCC felt this expenditure was within the remit of the Fund and the church now has a modern of�ice facility for clergy and their visitors and a well maintained and �lourishing church hall for all the community to enjoy.

A full breakdown of �igures is attached to this report.

Since opening the Church Hall has run a Wellbeing Cafe which received a grant from Cheshire East as Connected Communities £1,000 plus a further £250. A donation of £50 was received from ELOP to help people during the winter months

Gift Day donations £8209 received were for the repair of the stained glass window.

Sutton St James received £10,000 from the late John Campbell Kelly for the promotion and development of music at Sutton St James. The PCC is consulting on ways to best use this generous gift.

In 2022 the total non annual expenditure was £71,927.93 and the total expenditure was £74,196.09. The non investment income was £51,440.43 (envelopes, bank transfers and cash collections). The total income, including investment interest, was £55,536.43. Overall there was a de�icit of (£18,659.66).

Wildboarclough has repaid a further £2,000 from the £10,000 loan. Thus £6,000 remains outstanding.

PAGES 1 & 2 CHURCH ACCOUNT

  1. Overall Regular Giving through standing Order, envelopes, and collections was very similar to last year: 2021: £31,020 and 2022: £31,755

In 2021 the overall non-investment income was £71,195.60 but this fell to £51,440.43 in 2022. This reduction is not as dramatic as it �irst appears. In 2021 back tax and Gift Aid was collected (difference of nearly £10,000) and £6,430 was included in 2021 income from the closure of the magazine.

However, our overall de�icit has continued to rise. 2021 (£17,949.91) 2022 (18,659.66)

  1. Insurance premiums for the church and church hall rose by nearly £1,000 The Parish share rose by nearly £4,500 this year.

  2. The churchyard expenditure appears to have increased by nearly £4,000 but this was due to late invoices from 2021 being presented.

HALL AND CHOIR ACCOUNT

The Hall income has risen to nearly £6050. There is still a de�icit but this is due to the refurbishment costs. De�icit 2021 (£180,000) De�icit 2022 (£108,000).

The choir fund reduced due to the purchase of new cassocks. In 2021 the fund stood at £7077.51 and 2022 £4,522.31.

SPECIAL EFFORTS

The resumption of Sunday Coffee has boosted the special efforts. Several events were held for the Ukraine and donations were sent to British Ukraine Aid, the Children’s Society and several other charities.

RESERVES

The Reserves Account shows the effect of the increase or decrease of the value of our investments. In 2022 our investments fell by nearly £21,000. The �luctuation in interest over the years merely re�lects the turbulent times we are facing.

The investments continue to be professionally managed by the management team at CCLA.

SUMMARY OF FUNDS AND ACTIVITIES

This sheet provides a snapshot of our position on 31[st] December 2022.

BALANCE SHEET

This provides an overall picture of our accounts.

Careful �inancial management will continue to be needed if we are to achieve our plans for the future and ensure our legacies and gifts are used to maintain and improve our assets and support our mission and work within the community.

There are a further few points I need to raise in order to conclude this report:

Sadly, this year we lost two people who had assisted with the accounts for many years, namely Peter Newman and Audrey Fernyhough. They have been missed.

Janet Mott Hon Treasurer March 2023

Parish of St. James, Sutton

Church Account

INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDING

31 December 2022

2020
£
INCOME
2022 2022 2022
Unrestricted Rest ricted Total
Codes
21,567
Regular Giving by S/Order (incl Gift Aiding Friends)
1
4,757
Envelope Scheme
2
Tax recovered (Gift Aid, including GASDS - see Notes)
3
1,252
Collections at Services (cash)
43
27,575
Total
-3,449
DBF & retired clergy fees for Weddings Funerals etc
54
-3,449
less paid to DBF & retired clergy
154
Unclassified receipts (none this year)
57
Wallsafe & Pennies Jar (including sales of St James History)
4
In Memoriam Donations
5
Other Donations (see Note 5.K)
6
-5,006
32,581
Magazine Subscriptions & Advertising (see Note 5.A)
40 41
less printing & other expenses
117
Net surplus on Magazine (deficit if negative)
38
less paid out to bellringers
115
Church Fees from services etc
Weddings
8
Funerals
9
Monuments
10
7,794
48-50
762
less paid out to them
158-60
-562
Balance retained (i.e. waived fees)
250
Special Efforts – see separate sheet (page 6)
40,510
Total Non-Investment Income
Bank & Other Interest
Restricted Funds
19
General Funds
20
889
Investment Income & Rent
22
9,419
TOTAL INCOME
49,929
EXPENDITURE
The Ministry
101
44,294
Fees to Clergy for Sunday & Thursday services)
157
382
Housing (Council Tax, Curate Housing, Water, Repairs, Maintenan
102
1,566
Clergy & other Conferences
104
Bellringers Fees etc_(paid out to them Code 115 below)(Note 5.C)
Organist Verger & Sexton fees for weddings & funerals
Parish Share
(see Note 5.O)_
23,371.00
5,213.30
5,396.39
3,170.80
37,151.49
4,284.00
-4,284.00
0.00
0.00
0.00
530.10
3,918.84
41,600.43
0.00
0.00
0.00
680.00
-680.00
0.00
1,176.00
6,067.00
1,983.00
9,226.00
3,782.00
-3,168.00
614.00
51,440.43
0.00
69.41
4,026.59
4,096.00
55,536.43
48,829.44
415.20
49,244.64
2,374.87
0.00
0.00 55,536.43
51,440.43
0.00
69.41
4,026.59
4,096.00
55,536.43
48,829.44
415.20
49,244.64
2,374.87
0.00
55,536.43 0.00

000000Church

00000026/03/2023

000000Page 1

----- Start of picture text -----
25 Incumbent's Expenses 151-3 4,018.82
2299.43 Motor,Office, Secretary. See Note 5.O + 155
Fees to Organists for Sunday services 156 3,468.80
See Note 5.F
940 Handbell Ringers – see Note 5.C 116
Deanery Synod & Benefice expenditure (see Note 5.O) 103 0.00 0.00
59,107.13
25
49,505 The Church, Services & Mission
Heat and Light incl Boiler Service 106 2,320.47
less Heat & Light charges for weddings & funerals 11 900.00
1,420.47
Insurance 107 3,092.96
Organ Tuning & Maintenance 108 949.60
0 Cleaning materials & sundries 109 0.00
Upkeep of Services 110 1,114.68
Minor Repairs & Renewals (incl clock service) 111 185.99
Miscellaneous (see Note 5.L) 112 -2,437.83
4,325.87
Churchyard
Contractor (not full cost - see Note 5.K) 120 6,070.00
Materials 121 157.17
Waste Disposal 122 0.00
Machinery Maintenance 124 0.00
Other Churchyard Expenditure (repairs to stone walls) 125 57.76
Headstone Repairs, Plaques & Monuments 123 0.00
less cost of plaques & monuments recovered 52 0.00
0.00 6,284.93
0
Charitable Payments outside the Parish (excluding Special Efforts)
Overseas Church 146 60.00
Home Missions 147 1,000.00
Secular Charities 148 1,150.00
2,210.00
(Special Efforts now shown on separate sheet)
0 Total Normal annual Expenditure 71,927.93 0.00
Total Income as above 55,536.43
less normal annual expenditure as above 71,927.93
Net surplus (deficit) of normal income / expenditure to Funds & Activities -16,391.50
Non-annual expenses
0 Decoration 134 -2,221.53
0 Clock repairs 135 0.00
Building Repair / Maintenance / Alterations 136 3,645.79
Heating & Lighting equipment repair / replacement / improvement 137 337.10
Equipment purchases 138 506.80
See Note 5.J
2,268.16
2,268.16
142,041 TOTAL EXPENDITURE 74,196.09 0.00 74,196.09
-142,041 Deficit including Non-annual Expenditure -18,659.66 0.00 -18,659.66
----- End of picture text -----

000000Church

00000026/03/2023

000000Page 2

Parish of St. James, Sutton

Church Account

INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDING

31 December 2022

2020
£
INCOME
2022 2022 2022 2022 2022
Unrestricted Restricted Total
Codes
Standing Orders, Envelopes, Collections and Gift Aid recovered
Other donations, wallsafe
0
Net surplus on Magazine (deficit if negative)
38
less paid out to bellringers
115
0
Weddings
8
Funerals
9
Monuments
10
Church Fees from weddings, funerals and monuments
48-50
less paid out to them
158-160
Organist Verger & Sexton fees for weddings & funerals waived
Special Efforts – see separate sheet (page 6)
Total Non-Investment Income
Bank Interest & Investment income
TOTAL INCOME
EXPENDITURE
The Ministry
Bellringers Fees etc_(paid out to them Code 115 below)_(Note 5.C)
Organist Verger & Sexton fees for weddings & funerals
37,151.49
4,448.94
55,536.43
680.00
-680.00
1,176.00
6,067.00
1,983.00
3,782.00
-3,168.00
51,440.43
4,096.00
55,536.43 0.00

000000Ch reduced detail

00000026/03/2023

000000Page 3

The C
Churc
Charit
Fees to Clergy for Sunday & Thursday services)
Incumbent's & Curate’s Expenses
Deanery Synod & Benefice expenditure
Housing (Council Tax, Curate Housing, Water, Repairs, etc)
Clergy & other Conferences
Fees to Organists for Sunday services
hurch, Services & Mission
Parish Share_(see Note 5.O)_
102
157
48,829.44
415.20
49,244.64
4,018.82
0.00
2,374.87
0.00
3,468.80
9,862.49
48,829.44
415.20
49,244.64
4,018.82
0.00
2,374.87
0.00
3,468.80
9,862.49
0.00
0.00
74,196.09
151-3
103
102
104
156
59,107.13
4,325.87
6,284.93
2,210.00
hyard
able Payments outside the Parish (excluding Special Efforts)
(Special Efforts now shown on separate sheet)
Normal annual Expenditure
Net surplus(deficit)of normal income / expenditure to Funds & Activities
Total -16,391.50
Non-a nnual expenses
TOTAL EXPENDITURE
74,196.09
-18,659.66 0.00 -18,659.66
Deficit including Non-annual Expenditure

000000Ch reduced detail

00000026/03/2023

000000Page 4

Parish of St. James, Sutton

Special Efforts

RECEIPTS AND PAYMENTS FOR THE YEAR ENDING

31 December 2022

2021 RECEIPTS 2022
Income from Special Efforts
Christmas Fair 13 0.00
0 Advent Rum & Coffee 14 0.00
Lent Lunches 15 235.00 235.00
Harvest Supper 16 245.85
Raffle – Bowdler Organ 17 225.00 0.00
Other Events 18 -849.73
Sunday Coffee (less cost of coffee purchased) 18m ***
Christingle (Children’s Society) 18m 83.85
Rum & Coffee 18m 250.50
Harvest Supper Auction 18m
Christmas Card box in Church 18m
Donation – Organ Bowdler 18m 20.00
0 Total raised by Special Efforts this year -368.88
Special Efforts balances brought forward from last year
Sunday Coffee 2,221.53
Total Receipts to Special Efforts Fund (including b/f 2021) 1,852.65
PAYMENTS
Payments out of Special Effort Money to Beneficiaries & for Expenses
Christmas Fair 163 0.00
Macmillan Support for Cancer
Jubilee F Festival donation to Scouts 163
Advent Hotpot Supper 164 0.00
Lent Lunches 165 0.00
Christian Aid
Ukraine Appeal (see above) Christian Aid 165 480.00
Harvest Supper 166 0.00
Christian Aid (2015 - Cre8 Macclesfield/ 2016 Christian Aid))
Ukraine Appeal (see above) Christian Aid
Other Events 168 0.00
Namely:
Christingle (Children’s Society)
Gift Day
Choir

Transfer to General Funds

Total given from Other Events

OK 0.00 0.00 Balance raised this year & carried forward, not yet paid out 1,852.65 (this is all Sunday Coffee)

2221.53

Parish of St. James, Sutton

RESERVES ACCOUNT FOR THE YEAR ENDING 31 December 2022

2021
£
Unrestricted
269,526
Total Funds at start of year (from last Acc
0
(Category 6 adjusted – see below)
0
RECEIPTS
0
Legacies to General Funds
Legacies and Gifts to Restricted Funds
0
8,992
Gift Day Appeal (St James Day)
-64,447
Increase (decrease) in value of Investme
Total surplus / deficit for year - Church &
0
0
PAYMENTS & TRANSFERS
0
Capital Charitable Grants (see separate s
Non-annual expenses
0
Decoration
0
Clock repairs
Building Repair / Maintenance / Alteration
Office Equipment purchases
Other Payments from Reserves
Church Hall chairs etc
Transfer to Churchyard Expenditure
Repairs to Altar frontals etc
0
0
0
Transfer to Church Income & Expenditure
0
To maintain working capital
0
0
Balance at end of year (see Summary of
Heating & Lighting equipment repair /
replacement / improvement
See Note 5.H to the Accounts for more information See Note 5.H to the Accounts for more information See Note 5.H to the Accounts for more information See Note 5.H to the Accounts for more information - - - - - - - - - - - - - - - - - - - - - Totals for 202 - - - - - - - - - - - - - - - - - - - - - Totals for 202 - - - - - - - - - - - - - - - - - - - - - Totals for 202 1 - - - - - - - - - - - - - - - - - - - - - 1 - - - - - - - - - - - - - - - - - - - - -
Findlow 1
Findlow 2
Repairs
Gift Day
Appeals
Working
Capital
Unrestricted
Funds
Res
Fu
tricted
nds
Total
282,047.58
0.00
0.00
0.00
0.00
0.00
0.00
8,208.98
-2,744.92
-137,808.78
0.00
Category (see below) 1
2
3
5
6
269,526.05
10,000.00
8,208.98
-20,953.90
-2,744.92

-134,884.70
131,896.43
0.00
0.00
2,221.53
0.00
-3,645.79
-337.10
-506.80

-2,268.16

129,628.27
0
0.00
0.00
0.00
12,521.53
0.00
-2,924.08
ounts)
17,013.69
280,018.50
-85,196.27
24,357.13
33,333.00
280,018.50
24,357.13
Codes
See Note 5.K
23
10,000.00
See Note 5.K
24m
25
8,208.98
nts
56
-20,953.90
Hall (unrestricted) & Choir + Trustees (restricted)
-134,884.70
heet)
0.00
134
2,221.53
135
0.00
s
136
-3,645.79
137
-337.10
138
-506.80
0.00
24m
account
**
-134,884.70
134,884.70
2017 transfer: 7,769
Funds and Activities)
17,013.69
135,894.63
-89,179.16
32,566.11
33,333.00
See Category Descriptions and Notes on next page
17,013.69
280,018.50
-85,196.27
24,357.13
33,333.00
280,018.50
24,357.13
Codes
10,000.00
8,208.98
-20,953.90
stees (restricted)
-134,884.70
0.00
2,221.53
0.00
-3,645.79
-337.10
-506.80
0.00
-134,884.70
134,884.70
9,597.45
141,493.88
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
-2,268.16
0.00
0.00
0
17,013.69
135,894.63
-89,179.16
32,566.11
33,333.00
129,628.27 9,597.45 139,225.72

Parish of St. James, Sutton

SUMMARY OF FUNDS AND ACTIVITIES – YEAR ENDING

31 December 2022

Opening Balances
£
Unrestricted
Restricted
Total
2021
From Accounts to 31 December 2021
Funds
Funds
General Unrestricted Funds
269,526.05
2,221.53
269,526.05
269,526
Choir Fund
7,077.51
7,077.51
7,078
Youth Club
521.29
521.29
521
Trustees (Patrons) of St James
2,701.20
2,701.20
2,701
Special Efforts money not yet paid out
2,221.53
2,221.53
2,222
Total Funds at Start of Year
269,526.05
12,521.53
282,047.58
282,048
Add Reserves Account Receipts and Transfers
-2,744.92
0.00
Deduct Reserves Account Payments and Transfers
-2,268.16
0.00
Net addition to Reserves
-5,013.08
0.00
-5,013.08
44,545
Reserves at End of Year (see Reserves Account)
264,512.97
12,521.53
277,034.50
422,849
Add surplus (deficit if negative) for the year from Church Account
-16,391.50
0.00
-16,391.50
17,950
Add surplus (deficit if negative) for the year from Hall Account
-118,493.20
-118,493.20
-180,026
Add surplus (deficit if negative) for the year from Choir Account
-2,555.20
-2,555.20
310
Add Funds received from Trustees (Patrons) of St James
0.00
0.00
0
Add increase (decrease if negative) in Special Efforts money not paid out at year end
-368.88
-368.88
422
-134,884.70
-2,924.08
-137,808.78
-161,344
Total Funds at End of Year
129,628.27
9,597.45
139,225.72
282,048
Held as follows:
Reserves (see Note 5H and Reserves Account)
1
Findlow 1
17,013.69
2
Findlow 2
135,894.63
3
Repairs
-89,179.16
5
Gift Day Appeals
32,566.11
6
Unallocated (Working Capit
33,333.00
Total of Unrestricted Reserves
129,628.27
129,628.27
269,526
Choir Fund
4,522.31
4,522.31
7,078
Youth Club Fund (dormant)
521.29
521.29
521
Trustees (Patrons) of St James
2,701.20
2,701.20
2,701
Legacies to Restricted Funds
0.00
0.00
0
Other Restricted Reserves (Special Efforts money carried forward)
1,852.65
1,852.65
2,222
129,628.27
9,597.45
139,225.72
282,048
Represented by
Ledger Balance of Bank
17,962.18
17,962.18
20,850
Balance of the C B F Deposit Account
-481.63
9,597.45
9,115.82
28,096
14511.85 CBF Church of England Investment Fund Income Shares
111,907.72
111,907.72
232,862
Estimated value as at 31 December 2021
Balance of Petty Cash in Safe on Balance Sheet Date
240.00
240.00
240
129,628.27
9,597.45
139,225.72
282,048
see Note 5.P
see Note 5.P
Opening Balances
£
Unrestricted
Restricted
Total
2021
From Accounts to 31 December 2021
Funds
Funds
General Unrestricted Funds
269,526.05
2,221.53
269,526.05
269,526
Choir Fund
7,077.51
7,077.51
7,078
Youth Club
521.29
521.29
521
Trustees (Patrons) of St James
2,701.20
2,701.20
2,701
Special Efforts money not yet paid out
2,221.53
2,221.53
2,222
Total Funds at Start of Year
269,526.05
12,521.53
282,047.58
282,048
Add Reserves Account Receipts and Transfers
-2,744.92
0.00
Deduct Reserves Account Payments and Transfers
-2,268.16
0.00
Net addition to Reserves
-5,013.08
0.00
-5,013.08
44,545
Reserves at End of Year (see Reserves Account)
264,512.97
12,521.53
277,034.50
422,849
Add surplus (deficit if negative) for the year from Church Account
-16,391.50
0.00
-16,391.50
17,950
Add surplus (deficit if negative) for the year from Hall Account
-118,493.20
-118,493.20
-180,026
Add surplus (deficit if negative) for the year from Choir Account
-2,555.20
-2,555.20
310
Add Funds received from Trustees (Patrons) of St James
0.00
0.00
0
Add increase (decrease if negative) in Special Efforts money not paid out at year end
-368.88
-368.88
422
-134,884.70
-2,924.08
-137,808.78
-161,344
Total Funds at End of Year
129,628.27
9,597.45
139,225.72
282,048
Held as follows:
Reserves (see Note 5H and Reserves Account)
1
Findlow 1
17,013.69
2
Findlow 2
135,894.63
3
Repairs
-89,179.16
5
Gift Day Appeals
32,566.11
6
Unallocated (Working Capit
33,333.00
Total of Unrestricted Reserves
129,628.27
129,628.27
269,526
Choir Fund
4,522.31
4,522.31
7,078
Youth Club Fund (dormant)
521.29
521.29
521
Trustees (Patrons) of St James
2,701.20
2,701.20
2,701
Legacies to Restricted Funds
0.00
0.00
0
Other Restricted Reserves (Special Efforts money carried forward)
1,852.65
1,852.65
2,222
129,628.27
9,597.45
139,225.72
282,048
Represented by
Ledger Balance of Bank
17,962.18
17,962.18
20,850
Balance of the C B F Deposit Account
-481.63
9,597.45
9,115.82
28,096
14511.85 CBF Church of England Investment Fund Income Shares
111,907.72
111,907.72
232,862
Estimated value as at 31 December 2021
Balance of Petty Cash in Safe on Balance Sheet Date
240.00
240.00
240
129,628.27
9,597.45
139,225.72
282,048
see Note 5.P
see Note 5.P
£ £ £ £
Unrestricted
Restricted
Total
Funds
Funds
269,526.05
2,221.53
269,526.05
7,077.51
7,077.51
521.29
521.29
2,701.20
2,701.20
t
2,221.53
2,221.53
269,526.05
12,521.53
282,047.58
-2,744.92
0.00
-2,268.16
0.00
-5,013.08
0.00
-5,013.08
264,512.97
12,521.53
277,034.50
ccount
-16,391.50
0.00
-16,391.50
unt
-118,493.20
-118,493.20
ount
-2,555.20
-2,555.20
0.00
0.00
ey not paid out at year end
-368.88
-368.88
-134,884.70
-2,924.08
-137,808.78
129,628.27
9,597.45
139,225.72
nt)
17,013.69
135,894.63
-89,179.16
32,566.11
t
33,333.00
129,628.27
129,628.27
4,522.31
4,522.31
521.29
521.29
2,701.20
2,701.20
0.00
0.00
ey carried forward)
1,852.65
1,852.65
129,628.27
9,597.45
139,225.72
17,962.18
17,962.18
-481.63
9,597.45
9,115.82
und Income Shares
111,907.72
111,907.72
t 31 December 2021
t Date
240.00
240.00
129,628.27
9,597.45
139,225.72
see Note 5.P
see Note 5.P
Unrestricted
Restricted
Total
Funds
Funds
269,526.05
2,221.53
269,526.05
7,077.51
7,077.51
521.29
521.29
2,701.20
2,701.20
2,221.53
2,221.53
269,526.05
12,521.53
282,047.58
-2,744.92
0.00
-2,268.16
0.00
-5,013.08
0.00
-5,013.08
2021
269,526
7,078
521
2,701
2,222
269,526.05
-2,744.92
-2,268.16
282,048
44,545
-5,013.08 0.00
264,512.97 12,521.53 277,034.50 422,849
17,950
-180,026
310
0
422
-16,391.50
-118,493.20
0.00
-2,555.20
0.00
-368.88
-16,391.50
-118,493.20
-2,555.20
0.00
-368.88
-134,884.70 -2,924.08 -137,808.78 -161,344
9,597.45
4,522.31
521.29
2,701.20
0.00
1,852.65
139,225.72
129,628.27
4,522.31
521.29
2,701.20
0.00
1,852.65
282,048
269,526
7,078
521
2,701
0
2,222
ey carried forward)
und Income Shares
t 31 December 2021
t Date
see Note 5.P
129,628.27
17,962.18
-481.63
111,907.72
240.00
9,597.45
9,597.45
139,225.72
17,962.18
9,115.82
111,907.72
240.00
282,048
20,850
28,096
232,862
240
129,628.27 9,597.45 139,225.72 282,048

Parish of St. James, Sutton

Short Version of Accounts for year to

31 December 2022

Current Account Income Expenditure Surplus
(deficit if negative)
Church Account (including Churchyard) normal annual income &
expenditure 55,536 71,928 -16,392
Hall Account 6,047 124,540 -118,493
Choir Account 405 2,960 -2,555
Totals on Current Account 61,988 199,428 -137,440
Capital Account
Reserves at end of last year brought forward 282,048
Additions
Legacies 0
10,000
Gift Day 8,209
Change in value of Investments -20,954
Deduct Capital Grants etc made 0
Deduct transfers from reserves to cover expenditure -2,268
Reserves at end of this year 277,035
Surplus / Deficit on Current Account as above -137,440
Other adjustments (see main accounts) -369
Overall Balance at year end 139,226
Allocated by the PCC as follows Reserves 2021
Category
Findlow Legacy - part available for capital grants 1 17,014
Findlow Legacy - permanent endowment 2 135,895
Building repair & maintenance fund 3 -89,179
Gift Day Balance not spent 5 32,566
Unallocated Reserve - approx. 4 months' working expenses 6 33,333
Choir Funds etc. (Restricted Funds) -- 9,597
Category 4 is not used at present
139,226 417,705
Church Account – List of major items
2022 2021
Income Expenses Income Expenses

Collections, Planned Giving & Donations, Gift Aid

37,151

27,575

Other donations etc 4,449 5,006
Church Fees (Weddings, Funerals & Monuments etc) 9,226 7,794
Parish Share 48,829 44,294
Office & Travel expenses 6,394 3,865
Church Heat, Light & Insurance 4,513 5,472
Churchyard Contractor 6,070 4,400

Parish of St. James, Sutton

BALANCE SHEET as at

31 December 2022

Current Assets

Balance at Natwest Bank Balance of the C B F Investment Account 14511.85 CBF Church of England Investment Fund Income Shares Balance of Petty Cash in Safe on Balance Sheet Date Funds General Unrestricted Funds Choir Fund Youth Club (dormant) Trustees (Patrons) of St James

Unrestricted
Funds
17,962.18
-481.63
111,907.72
240.00
Restricted
Funds
0.00
9,597.45
0.00
0.00
Total
17,962.18
9,115.82
111,907.72
240.00
2020
11,827
89,471
297,309
240
129,628.27 9,597.45 139,225.72 398,847
129,628.27
0.00
0.00
1,852.65
4,522.31
521.29
2,701.20
131,480.92
4,522.31
521.29
2,701.20
388,857
6,768
521
2,701
129,628.27 9,597.45 139,225.72 398,847

Approved by the Parochial Church Council on March 2022 and signed on its behalf by:

........................................................... ........................................................... Rev Dr John E Harries - Vicar Janet Mott - Hon Treasurer