## **The Guardians of St Alphege Parish Church, Solihull** As you can see from the Statement of Financial Affairs on page 1 we have received income amounting to £9,473 during the year and incurred expenditure amounting to £208 resulting in net income of £208.In the prior year we received a significant donation which amounted to most of the £34,274. In the current year we have received a small number of donations which we are extremely grateful for. Subscriptions and flood lighting income have increased this year which is excellent news. The Chair has been really good in capturing new members. During the year we have held three successful fund-raising events, with the Wine and Nibbles evening providing us an income of £260, Lunch at the Drum and Monkey £130 and the coffee morning £170. I would like to thank the committee for organising these events and look forward to the events planned for 2023/24. The compensation of £50 is from Barclays Bank as a result of the poor service they provided over a couple of months. I raised a complaint in this regard, and they agreed to pay £50 compensation. The value of our investments has remained consistent with the prior year. In summary the Guardians accounts reflect that the charity is in a healthy position. We are aware that there maybe some Church projects which may require funding in the future and once we understand the project in more detail and the Church has received relevant quotes we will agree appropriate funding. ## **The Guardians of St Alphege Parish Church, Solihull Balance Sheet As at 31 July 2023** |**31 July 2023**
**£**
**Fixed Assets**
Investments
1
**620,304**
**Current Assets**
Cash at bank
2
66,363
Debtors
3
1,626
**67,989**
**Current Liabilities**
Creditors
4
(155,525)
**Net Current Liabilities**
**(87,536)**
**Total Funds**
**532,768**|**31 July 2022**
**£**
**620,284**
100,713
27,817
**128,530**
(225,330)
**(96,800)**
**523,484**| |---|---| Approved by Trustees on 28 September 2023 Signed on behalf of Trustees ## **The Guardians of St Alphege Parish Church, Solihull Notes to the Accounts As at 31 July 2023** |**1 Investments**
M&G Equities Investment Fund -
Accumulation Units
M&G Equities Investment Fund -
Income Units
**2 Cash at Bank**
Treasurers Account
Deposit Account
No1 Account
No 2 Account
**3 Debtors**
Donation
Gift Aid Claim
**4 Creditors**
Sundry Creditors
Grants to PCC for Repairs to Fabric|**Market Value as at**
**Change in**
**Market Value as at**
**31 July 2022**
**Market Value**
**31 July 2023**
**£**
**£**
**£**
560,163
3,037
563,200
60,122
(3,017)
57,105
620,285
19
620,304
**31 July 2023**
**31 July 2022**
**£**
**£**
260
22,914
55,580
55,348
660
12,588
9,863
9,863
66,363
100,713
-
27,817
1,626
-
1,626
27,817
325
330
155,200
225,000
155,525
225,330| |---|---|