2022-12-31-accounts - The Parochial Church Council Of The Ecclesiastical Parish Of St John The Baptist With St Mary The Virgin, Isleworth

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

		Page
Legal and Administrative	Information
Annual Report		2-8
Independent Examiners	Report
Statement ofComprehensive Income		10
Statement of Financial	Position
Notes to the Financial Statements		12-18

			Unrestricted	Designated	Restricted
INCONIE AND ENDOWMENTS		Notes	funds f	funds	funds f	Total 2022	Tots)2021
Donations and legacies		3	76,141		6,056	80,1$7	77,813
Charitabfs ac6vibes		4	64$		1,016	1,664	6,60$
Other trading	activities	6	43,099		0	43,0$9	29,639
Investments		8	419		0	41$	49
Other income		7	8		0	8	2
Total income and Endowments			11F 21'		6 27'I	126 2$1	13112
EXPENDITURE
Raising funds			28,333		0	2$,333	29,27$
Chsntsble activities			110,605		6,514	117,119	116,936
Other expendhure			0		0	0	0
Total expenditure			133333		8,614	144462	14621
Net Loss on In estAlents		9	(4,184)			(4,184)
Net Incomel(Expenditure)	before Transfers		~23646			24,34$	~32
Transfers batsman funds Nst Incomeliaxpsndsum)	oiler Trankem						0 0 ~2
Net Movementin Funds						24,34$	32 102
Reconc6latlon cffunds:
Total funds brought forward k 1January 2022			552,708		11,432	684,141	598,243
Total funds canied forward	st 31December 2022		2344		10,9$$	222 2	644

				2022	2021
			Note
Fixed Assets		Investments		445,816
				445,816
Current Assets
		Debtors	10	8,762	4,200
		Cash at bank and in hand		93,478	558,175
				102,240	562,375
Prepayments	and Accrued Income		10	4,817	4,663
Creditors: amounts		falling due within one year
Accruals and	Deferred Income			(13,081)	(2,897)
Net Current Assets				93,976	564,141
Total assets	less current liabilities		14	539,792	564,141
THE FUNDS OF THE CHARITY:
		Unrestricted	14	528,803	552,709
		Designated		0	0
		Restricted	13I14	10,989	11,432
TotalFunds				539,792	564,141

ACCOUNTING POLICIES	ACCOUNTING POLICIES
	Charity Information
	The Church is a charity registered with the Charity Commission, constituted under the PCC Powers
	measure Act 1956as amended, Church Representation Rules 2017.
	The charity is a public benefit entity as defined by FRS 102.
	Accounting convention
	The accounts have been prepared in accordance with the charity's governing document, the Charities Act 2011and "Accounting and Reporting by Charities: Statement ofRecommended Practice applicable
	to charities preparing their accounts in accordance with the Financial Reporting Standard applicable
	in the UK and Republic ofIreland (FRS102)"(as amended for accounting periods commencing	from
	1 January 2019)and the Financial Reporting Standard in the United Kingdom and Republic of Ireland
	(FRS 102).
	The accounts have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent
	required to provide a true and fair view. This departure has involved following the Statement of
	Recommended Practice for Charities applying FRS 102rather than the version ofthe Statement	of
	Recommended Practice which is referred to in the regulations but has since been withdrawn.
	The financial statements have been prepared under the historical coat convention except for the	valuation		of
	investment assets which are shown at market value.
	The accounts are prepared in sterling which is the functional currency ofthe charity. Monetary amounts
	in these financial statements are rounded to the nearest whole pound,
1.2	Going concern
	At the time ofapproving the accounts the Parochial Church Council have a reasonable expectation
	that the charity has adequate resources to continue in operational existence for the foreseeable
	future. Thus the PCC continue to adopt the going concern basis ofaccounting in preparing
	the financial statements.
1.3	Charitable funds
	Unrestricted funds are available for use at the discretion ofthe PCC in furtherance oftheir charitable
	objectives unless the funds have been designated for other purposes.
	Restricted funds are subject to specific conditions by donors as to how they may be used. The
	restrictions and uses ofthe restricted funds are set out in the notes tothe financial statements.
	Endowment funds are subject to specific conditions by donors that the capital must be maintained
	by the charity.
	Incoming resources
	Income is recognised when the charity is legally entitled to it after any performance conditions have
	been met, the amounts can be measured reliably, and it is probable that income will be received.
	Cash donations are recognised on receipt. Other donations are recognised once the charity has been
	notified ofthe donation, unless performance conditions require deferral ofthe amount. Income tax
	recoverable in relation to donations received under gift aid ordeeds ofcovenant is recognised at	the
	time ofthe donation.
	Legacies are recognised when there is sufficient certainty that the legacy will be received and the
	incoming resources can be measured with sufficient reliability.
	Turnover from trading activities is measured at the fair value ofthe consideration received or receivable		and
	represents amounts receivable for goods and services provided in the normal course ofbusiness	net of	discounts.
	Planned giving includes both donations directly remitted to the Barclays Bank PCC Current account by
	Standing Order and donations made on a regular basis through the Envelope scheme.

Restricted Funds:				01dan-22	Receipts	Receipts	Tax	Payments	31-Dec-22
					Donatlonsl		Recovery
					Grants
				E	R		E	E
The Shelter Project Hounslow				577		200			777
Vicar's Discretionary		Fund		8,860				120	8,740
Welcare Grant Therapeutic			Group	300				300
Cinnamon Network - Kids Matter				643				387	256
L BHounslow				844				844
FFC other Donations				208		366		308	266
Specific Charities						649		649
Diocesan Fees					1,015			1,015
sishop of Kensington	Discretionary		Fund			239	50	289
Ukraine						530		530
Christmas Hampers						872		579	293
Play Cafe					2,150			1,493	657
				11432	8	021	80	8,814	10888

					Unrestricted	Designated	Restricted	2022	2021
					funda	funda	funda	8	6
INCOME AND ENDOWMENTS
Volunhrry Recefpts
Regular Giving
Planned Giving
Standing Orders Envelope Scheme					27,183 4$8		0	27,183 4$8	28,531 143
Sunday Collections Income Tax Recovered					5,531 8,133		0 50	5,531 8,183	2,512 8,447
Other Voluntary Receipts					41,345		50	41,396	39,633
Donations -Prayer Candles					0			0	0
Donations - Coffee Donatlona toSpecNc Charities					257		54$	257 64$	41 630
CafBTogether/The Shelter Project Hounslow							200	200	0
Donations to Family Food Club Donation to FFCfrom PCCStMary's Osterley Lunch Club							388 0	368 0	2,377 300
Donations -Ukraine							530	530	0
Donations - Bishop of Kensington		Discretionary		Fund			239	239	0
Donations - Christmas Hampers							872	872	0
Donation - Play CafB							150	150	0
Hounalow Welcare - FFC Grant The Cinnamon Network - Grant The Freshwater Foundation -FFCGrant							0 0 0	0 0 0	1,585 2,000 1,685
Hounslow Welcare - Play Cafl Grant							2,000	2,000	0
London Diocesan Fund -Grow Course Refund					200			200	0
London Diocesan Fund -Energy Grant					2,641			2,841	0
LBHounslow -Grant towards Christmas			MealsIHam pars		0			0	1,850
Legacies					0			0	0
Sales ofStJohn's History					30			30	0
ONer Donations					161418			16,418	7,647
					1$,548		5,006	24,552	18,0$6
Acffvfdes for Qeneraffng Funds
Christmas and Summer Fairs					2,586			2,686	0
Mobile Phone Mast Rental					12,050			12,060	11,550
Falrtrade ITraldcralt Stall					0			0	0
					14,836		0	14,638	11,650
ReceIpts from Church AcffvNes -	PCC	Income
Fees from
Banns					180			180	247
Baptisms					0			0	0
CerNIcates					0			0	0
Funerals					$8			$$	6$8
Weddings and blessings					240			240	856
Additional Wedding Fees					50			50	125
Extras (e.g. Heating)					0			0	0
									1,726
Receipts hom Church AcCMNes-	DIocesan hrcome
Fees from
Funerals							57$	57$	3,250
Weddings and blessings						0	436 1,015	436 1,015	633 3,883
Investment Income
Deposit account Interest
						0	0	3
Total Income					75,07$	0	6,071	82,150	74,890

							Unrestricted	Designated	Restricted	2022	2021
							funds	funds	funds	E	E
EXPENDITURE
Fund Re/sing Costs
Christmas and Summer Fair	Expenses						417			417
							417			417
C/turch Act/vNes
Common Fund							40,000			40,000	66,000
Donations							0			0	0
Donations toSpecific Charities							0		64a	e4a	630
Donations to Ukraine									530	530	0
Gills										326	106
The Shelter Project Hounslow										0	0
Building Maintenance							1,588			1,585	2,680
Re-hooring							13,062			13,a52	0
Choir Vestry Redecoration							010			aia	0
Electrical Installation Condition		Report					0			0	240
Vicarage Redecoration							0			0	sas
Gutter Cleaning							0			0	4as
Church Carpet Cleaning							0			0	S34
Christmas Tree and Lights							210			210	203
Fire/First Aid/Health 8 Safety							208			208	210
Portable Appliance Testing							800			800	0
Insurance							6,13a			6,130	6,064
Electricity							352			362	243
Gas/Heating							3,165			3,1BS	1,588
Gas Heater service							0			0	678
New high-level heater							2,158			2,158	0
Telephone - Pariah							460			4eo	348
Vicarage - Water Rates							543			543	568
Conation to Srantford Parish towards cost		ofhousing		forAssn	slats Visor at StJohn'a		444				1,130
Books 8 Be/vice Register							538			538	175
Candles, Palm Crosses, Wafers		6 Wine					506			508	1,011
Brian Houston Live Perfonnance							500			500	0
Bishop ofKensington Discretionary			Fund						280	280	0
Copyright Licence for Music										S01	47a
Diocesan Fees									1,015	1,015	3,883
Weddings -Verger and Bell Ringers							26			25	25
Catering							1,442			1,442	657
Famgy Food Club							0		1,152	1,162	4,640
Gala Tent							0		0	0	1,080
Play Cafe							8		1,4a3	1,4aa	0
Christmas Hampers/Meals Development ofTherapeutic Flowers	Movement			Group			0 35		57a 300	570 300 35	1,331 0 0
Junior/Toddler Church							276			278	1,025
Kids Matter							0		387	387	1,357
Piano Tuning/Music Expenses/Organist Expenses Printing/Stationery/Postage Colour Printer							436 557 2,478 260			438 657 2,478 260	80 608 i,aeo 0
oundatlon Vicar's Discretionary -Music equipment Vicar's Discretionary -Song SHymn Writers F VlcaVa Discretionary -Riding Lights Drama Sumup/Churchsulte fees Independent Examination Fee						CIO	25 710 70,386	0	0 0 120 6,514	0 0 120 25 710 86,880	258 700 0 33 880 102,680

7$,783		e,s14	Se,2$7	1o2,s8$
3,704)		443	4,147)	27,8$$)
450,000			450,000	0
6,000			5,000	20,000
(4,184)			(4,184)	0
447,112	o	443	44e,ees	(7,ess)
18,505	0	11,432	2$,937	37,636
465,617	0	10,$89478,808		2$,$37

			Unrestricted	Designated	Restricted	2022	2021
		Note	funda	funda	funda	6	E
FIXEDASSETS
CBFInvestment Fund - Income Shares			446,816			445,816	0
			446,818		0	445,816	0
CURRENT ASSETS
Cash Funds
Barclaya Business Current Account Barclaya Business Saver Account ONer Nonefary Assets			11,430 0 11,430	o o	s,4a1 2,4$8 1o,asa	a,a21 15,a33 2,498 10,495 22,41928,428
Income Tax Recoverable Prepayments (Insurance)	(estimated)		7,137 2,0$6		0	7,137 2,oas	3,200 1,ssa
			$,233	0	0	$,233	5,05$
TOTAL CURRENT ASSETS			468,47a	o	1o,ass	477,46s	31,487
LESSLIABILITIES
Independent Examination	Feefor Church		710			710	680
Accrual (Electricity)			52			52	48
Accrual (Gas)			0			0	324
Accruals (2023Wedding deposits)			100			100	0
Accrual (Gutter Cleaning)			0			0	4as
TOTAL CURRENT UABILITIES			862	0	0	862	1,650
OTAL NETASSETS			465,617	0	10,989476,606		2$,937
UNDS
Unrestricted						465,817	18,605
Designated						0	0
Restricted						1o,asa	11,432
otal Funds						476,8O8	2a,a37

LESSLIABILITIES
Independent Examination		Feefor Church
Accrual (Electricity)
Accrual (Gas)
Accruals (2023	Wedding	deposits)
Accrual (Gutter	Cleaning)

15,528	(15,528)	7,832
(450,000)	(450,000)
(485,528)	485,526)	7,832
612,858	512,666	504,824
47,130	47,130	512,656

		STMAR	Y'S BALANCE S	HEETAT 31 DECEMBER 2022
						2022	2021
					Note		6
FIXEDASSETS
	Tangible Fixed Assets
	Investment	Assets - CBFInvestment		Fund
						0	0
CURRENT ASSETS
		Income tax recoverable				1,625	1,000
		Prepayments				2,517	2,872
		Accrued	Income			0	0
		Cash and bank balances
			StMary's Parochial Account			38,748	4$,$52
Tolal Current	Assets		StMary'a Deposit Account			10,153 450,7$6 6$,043513,$83
LIABILITIES:
		amounts	falling due within one year
			accruals S	deferred grants received		5,613	707
Total Current	Llabllltles					5,91$	707
Net Cunent Assets						47,1$0	512,856
Total Assets less Current		Llabllltles				47,130	612,868
LIABIUTIES
		amounts	falling due after	more than one year
Net Assels						47,1$0	512,656
FUNDS
		Unreetrlclad				47,130	512,858
		Restrlclad				0	0
Total Funds						47,130	612,858

					Unrestricted	Restricted	2022	2021
				Note	funds	funds	8	8
"ASSETS
Cash Funda Barclays Community		Account			20,136	0	20,135	8,035
Barclaye Business Saver			Account		2,023		2,023	14,021
					22,158	0	22,158	22,056
ONer Nonefar)r Assets
Prepayment	(Insurance)				132		132	132
Prepayment	(Water 8	Sewerage)			72		72	0
								132
TOTALASSETS					22,382	0	22,382	22,188
LESSUABIUTIES
Independent	Examination		Fee		100		100	100
EDF(Gaa)					d,$88		5,888	338
SSE(Electricity)					88		86	84
SUEZWaste	Removal				118		118	108
Castle Water					0		0	2
					8,306	0	8,306	540
TOTAL NETASSETS					'IB,OSB	0	18,0dB	21,648
							2022	2021
							8
FUNDED BY:
Unrestricted	Funds						18,058	21,548
Restricted Funds							0	0
							18)066	21,548