## # # ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |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|b|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|Other Funds
Restricted
6||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,||