2022-12-31-accounts - St Francis', Valley Park Single Congregation Local Ecumenical Partnership

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Administrative infor	mation:	mation:
ExOfficio Members	Expiry ofterm ofoffice		Notes
Sarah McClelland
Fiona Grove	2023		First elected: 18'" Oct 2020
Church Warden			Re-elected	25 April 2021&3"
			April 2022
Debbie Reed	2023		First elected: 25 April 2021
Church Warden			Re-elected	3"April 2022
Peter Rhodes	2023		First elected PW 3"April
Prowsrden			2022
Caroline Gough	2023		First elected PW 3"April
Prowarden			2022
Brian King	2023		Deanery Synod Rep
Peter Rhodes	2023		Deanery Synod Rep
Steve Williams	2023		Deanery Synod Rep
Elected members
(9+1PCC)
Andrew Grove	2024		First elected: 18~ Oct 2020
			Re-elected	25 April 2021
Jan Southern	2024		First elected: 25 April 2021
Vacant post (3y) x3	2023
Vacant post (2y)x2	2022
Rogerio Ramos	2024		Re-elected	25 April 2021
(PCC ony)
Coopted members
None
Exofficio:	Ecumenical	Church Council (in
	addition to	those in bold above):
Joe Sweetnam			Curate
David Gurr	2023		Methodist	Rep
Vacant position	2023		Methodist	Rep
Vacant position	2023		URC Rep
No Coopted members

Office	holders	a ointed	annuall	the Annual Con re	the Annual Con re	ational Meetin	not attendin Council:	not attendin Council:	not attendin Council:
Mr.	Chris.	Goodhead	FCA	(2021)	Independent	Examiner.	Re-appointed:	3"	April 22
Mrs	Linda	King		(2021)	Electoral Roll	Officer	Re-appointed:	3'	April 22
Mr.	Geoff.	Roberts		(2021)	Gift Aid Secretary		Re-appointed:	3"	April 22

				General Fund	Other Funds	Other Funds	TOTALFUNDB	TOTALFUNDB
			Note	Unmslrlcted f	Unrestricted f	Restricted f	2022 f	2021 f.
INCOME
Donations and legacies			2(s)	119,692		17,639	137,331	121,407
Fundraising income			2(b)	158			158	64
Charitable Activities			2(o)	18,474			18,474	14,283
Investments			2(d)
Other income			2(o), 11	1,224			1,224	4,305
TOTAL INCOME				139,648	0	17,639	167,187	140,059
EXPENDITURE
Fundraising costs			3(s)	29		0	29	49
Charitable Activities
Mission Giving &	Charitable	Grants/Donations	S(b)	11,000	338		11,338	12,000
Parish shares			s(o)	70,287			70,287	73,187
Salaries and honoraria			s(d)	12,940			12,940	10,778
People-related	Expenses		3(o)	3,870			3,870	1,898
Mission and evangelism		costs		3,929	0		3,929	1,888
Church running	expenses		3(g).	16,279	4,169		20,448	17,486
Church utility bills			3(h)	4,601			4,601	2,930
Governance costs			sb)	929			929	1,840
TOTAL EXPENDITURE				123864	450T	0	128371	122056
MOVEMENT IN FUNDS						17,639	28,816	18,003
TRANSFERS BETWEEN FUNDS			r-11	(10,500)	10,500		0	0
NET MOVEMENT IN FUNDS				5,184	5,993	17,639	28,816	18,003
Balances brought forward	at 1 January 2022			14,734	50,098	0	64,832	46,829
Balances carried forward at 31 December 2022

		BALANCE	SHEET AT 31 DECEMBER 2022	SHEET AT 31 DECEMBER 2022
				2022	2021
				2	2
FIXEDASSETS
Website	Development			2,179	3,269
Church	Organ 8Dishwasher			0	0
AV equipment					7,699
				6,798	10,968
CURRENT	ASSETS
Debtors	and prepaid	expenses		3,782	2,135
Cash at	bank			84,798	65,127
Cash in	hand			12	12
				88,592	67,274
CURRENT	LIABILITIES
Amounts	falling due within one year			1,742	~13410
NET CURRENT ASSETS				86,850	53,864
TOTAL NET ASSETS				93,648	64,832
FUNDS
General	Fund —Unrestrided			19,918	14,734
Church	Maintenance	& Repair Reserve Fund		53,444	47,613
Youth Activities Fund		- Designated		985	985
Benevolent Fund —Designated				1,662	1,500
Children	6 Families Worker Fund (Restricted)		10	7,444
Special Appeals Fund		(Resmcted)		10,195
		TOTAL CHURCH FUNDS		93,648	~64 832

CHURCH COUNCIL OF ST.FRANCIS' CHURCH, VALLE	CHURCH COUNCIL OF ST.FRANCIS' CHURCH, VALLE	CHURCH COUNCIL OF ST.FRANCIS' CHURCH, VALLE	Y P	A	RK S		-L	EP
NOTES TO THE FINANCIAL STATEIBENTS
R ENDED I O IBE		2
ACCOUNTING POLICIES
The financial statements have been prepared in accordance with applicable accounting standards and the Statement			ofRecommended					Practice applicable to chantms									prepanng				their
accounts in accordance vnth Ihe Finarmial Reporting Standard applicable in the UK and Republic of Ireland	(FRS	102)(effectws 1 January 2019).
The financial statements have been prepared under the historical cost convention.
Funds
The General Fund represents the funds ofthe Church Counml ofSlFrancis( Vsiley Perk, that are rat subiect to any restrictions						regarding					their		use	and sre available				for application
on the general purposes ofthe Church Council.
Designated Funds: The Church Council has designated the following Funds for a particular purpose repair and maintenance ofthe church building snd ground and larger one off expenditure as agreed by the	Church	Council.			This has		replaced					R F to provide resources for Ihe Church Repair 9Maintenance Fund
and I F Thfi~VESfigy(IESEtgN represents the dosed SDS53Youth Club Bank Account. the Church operates s Community Cafil - St. Franms' Rendezvous Community Cafe The accounts of this Cakgs acllvitms					These designated funds ere also unreskictsd In addition during 2020 snd 2021 are included in these accounts far
information.
Reslnclsd Funds: These represent grants or donations that require that the funds be used in a specmc way or		for	s spemfic purpose.					They				may be		considered		a contract between
the donating party and the receiving party.
The accounts include all transactions, assets and liabilities for which the Church Counml e responmble in law. They do not					include	the accounts ofchurch groups										that owe their				main
affilislion to another body nor those that are informal gathenngs of Church members.
Income
Collections ere recognised when rsoeived by or on behalf of the Chumh Council Planned giving receivable	under	Gilt Aid		is recognised				only when received.
income lax rscoversbte on Gdl Aid donations is recognised when the income is recognised, Any inmme lax recoverable				and not received						by
31 December is provided for in lhasa accounts snd included as a debtor in the Balance Sheet.
Grants and legacies to the Church Counml are accounted fores soon as the Counml is nobfied of Xs legal entitlement			and	the amount due.
Funds raised by social fundrissing and similar events ars accounted for gross and recognised wtlen received.
invoiced income from the hiring ofthe Church Building is recognised when receivable. Any invoiced income not rermivad				by 31 December					is		provided			for
in these accounts and included as e debtor in ths Balance Sheet.
All other incoming resources are accounted for gross and recognised when received.
Income from invealmenfs
Interest is accountml for when receivable.
Expenditure
Grants
Grants ard donations are accounted for when paid over, or when awarded, ifthat award creates s binding	obligeimn		an tile		Church		Counml.
Acflvlffes directly ralaling fo the work ofthe Church
The parish share arm contributions lo other partimpa ting denominations are accounted for when payable.
Fixed Assets
Consecrated lend and buildings and moveable Church furnishings Consecrated and bsneliced properly is excluded from Ihe accounts by 9.96(2)(s)ofthe Chanties Acl 1993.
No value is placed on moveable Church furnishirgs held by the Churchwardens on specml trust far the Church Counal and					PCC, and which					require a				facully	for	disposal			since	lhe
Church Counml and PCC considers Ims ta be inalienable prapsrty. All expenditure incurred during the year	on consecrated				or beneficed			buildings					and	movesbls		Churah			furnishings,
whether maintenance or improvement, is written olfss expenditure in the Statement ofFinancial Activities	and separately			disdosed.
Other fwfures, lilirngs snd offme equlpmenf
Equipment used wdhin the Church premises is depnmiated on a straight line basis over 3years, websee slrsignt		line aver		3years.			Individual					items ofequipment				with	a	purchase			price
of22,000 or less are wnlten off when the asset is acquired.
Cmrent assets
Amounts owing to the Church Counml at 31 December in respect offees, rents or other income are shown	ss debtors lees				provismn		for	amounts					that	may prove		uncollectible.
Short term deposits include cash held on deposit with the Central Board ofFinance, Church of England Funds or		al the bank.

							General Fund Unrestricted 6	General Fund Unrestricted 6	Other Funds Unrestricted 8		TOTAL 2022 ~	FUNDS 2021 8
3(a)	Fundraising costs:
		Cost cfgenersbng voluntary			income			29		0	29	49
3(b)	Mission Giving and Charitable				Grants 8Donations:
		Benevolent payments						0	338		338	0
		Home ChariTies and Good Causes						6,600	0		6,600	9,600
		Overseas Relief Agencies						4,400	0		4,400	2,400
3(c)	Parish	Shame:
		Church ofEngland						67,213			67,213	69,912
		Methodist Church						2,255			2,255	2,456
		Unaed Reformed Church						819			819	819
							70287			0	~70287	~73187
3(d)	Salaries and honorariai
		Parish administrsbon						9,817		0	9,817	8,895
		Orgarssls and musicians						790		0	790	75
		Church cleaning and Verger						2,333		0	2,333	1,808
3(e)	People-related expenses:
		Recruament expenses						991			991	0
		Clergy Mileage, Telephone		&	Other	Exps.		1,893			1,893	1,391
		Education lL Training ofStaff			and Laity			986			986	507
								3870	0	0	3,870	1,898
3(f)	Mission and evangelism		costs:
		Junior/Young people's	church					955			955	893
		Outreach activities						2,817			2,817	745
		Teaching and Nurluring	costs					131			131	28
		Pastoral casts						26			26	142
		Vacancy costs									0	80
										0	3,929	1,888
3(g)	Church	running expenses:
		Upkeep ofservices						468	0		468	453
		Hospitality and catering						932	0		932	602
		Caffi - non catering costs						62	0		62	0
		Insurance						t,toa	0		1,108	1,065
		Maintenance, cleaning	iLservicing					6,240	4,169		10,409	5,415
		Furniture snd erlulpment						0	0		0	421
	Admihistratloh costs							6,369	0		6,369	a,540
		Chumh magazine printing costs						1,100	0		1,100	990
									4 189	0	~20448	17,486
3(h)	Church	Utility Bills:
		Electricity						1,572			1,572	1,572
	Gas							2,735			2,735	1,196
	Water mtes							294			294	162
3(i)	Governance costs
	Bankchsrges							53			53
	Professional fees (inc.		Independent			Examiner's fee)		8'76			876	1 840

					General	Fund	Other Funds		Other Funds	TOTAL	FUNDS
					Unrestricted		Unrestricted		Restricted	2022	2021
					6		8		8	8	8
2(a)	Donations and legacies
	Tax efiicient planned	giving			74,883				15,600	90,483	79,852
	Other planned giving					5,746			0	5,746	2,620
	Cofiections at services/gifts		etc.		13,738				0	13,738	16,827
	Income tax recoverable				23,000				2,039	25,039	22,	108
	Other donations					2,325			0	~2325		0
					119,692			0	17,639	137,331	121,407
2(b)	Fundraising
	Easy Fundraising					158			0	158		64
						158			0	158		64
2(c)	Charitable Activities
	Income from outreach	activities				2,184			0	2,184		543
	Statutory fees retained					1,908			0	1,908	1,109
	Income from use ofchumh		building		13,201				0	13,201	11,509
	Income from Cafe Trading					1 181			0	1,181	1,122
					18,474				0	18,474	14	283
2(d)	Investments
	Interest									0		0
									0	0		0
2(e)	Other income
	Profit on ad hoc sales	ofequipment		&materials								40
	Other income (incl. Local Fees for			Occasional Offices)		1,224				1,224
	Grants for Special Appeals		/ Specific Works								4,265
	Insurance Claims
								0	0	1,224	4,305
TOTAL INCOME					139,548

				2022t	2521 8
4	FIXEDASSETS
	Website Development	at	cost	5,447	5,447
	Church Organ at Cost			5,846	5,846
	Dishwasher at Cost AV System at Cost			2,820	2,820 ~9238 ~23 352
	Depreciation at the start Depreciation charged Depreciation at the end		ofthe year ofthe year	12,384 16,554	8,816 ~3568 ~12384
	Net book value				~IO 968
5	DEBTORS
	Prepaid expenses Other debtors			0 3,782	0 ~2135
					~2135
5	LIABILITIES
	Amounts faglng due within one year
	Accrued Charitable		donations	0	12,000
	Other Accruals Other Creditors			0 1,742	0 ~1410
					~13410

7	CHURCH MAINTENANCE 8REPAIR RESER	VE FUND -DESIGNATED
			2022	2021
			8	2
	Balance bmught forward at 1 January		47,513	41,951
	Transfer from General fund		10,000	0
	Transfer from Special Appeals Fund		0	9,230
	Depreciation on Dishwasher		0	(940)
	Depreciation on Website		(1,069)	(1,069)
	Depreciation on AV Equipmsnt		(3,090)	(1,640)
	Balance carried forward at 31 December		53,444	47,613
8	YOUTH ACTIVITIES FUND —DEBIGNATED
	Balance brought forward at 1 January		985	985
	Transfer from General fund
	Expenditure during the year
	Transfer to General fund
	Balance carried forward at 31 December			985
9	BENEVOLENT FUND -DESIGNATED
	Balance brought forward at 1 January		1,500
	Transfer from General fund		500	1,500
	Expenditure during the year		(338)	0
	Balance carried forward at 31 December			1,500
10	CHILDREN AND FAMILIES WORKER FUND —RESTRICTED
	Balance brought forward at 1 January
	Donations		7,444
	Transfer to General fund		0
	Balance carried forward at 31 December
11	SPECIAL APPEALS FUND (for expenditure	on specific works) - RESTRICTED
	Balance brought forward at 1 January
	Donations		6,156	9,495
	Gifi aid from donation		2,039	0
	Transfer to Church Maintenance Fund		0	(9,230)
	Third Parly Grants towards specific works		0	2,000
	Expenditure towards costs ofspecific	works	0	(2,265)
	Balance canisd forward at 31 December		0,