| Annual report for 2022 |
pages | 2-6 | |
|---|---|---|---|
| Statement offinancial activities | page | 7 | |
| Balance sheet | page | 8 | |
| Accounting poNcies |
pages | 9-11 | |
| Notes to the financial statements | pages | 12- 15 | |
| independent Examiner's |
Report | Pages | 16-17 |
| Clergy | Church Council Trustees 2022 | |||||
|---|---|---|---|---|---|---|
| Team | Rector | Revd Kyia Serensen | (from 20/09/2022) | |||
| Methodist Minister |
Revd Robert Roberts | |||||
| Team | Vicar | Revd Kariene Kerr | ||||
| Elected ONcers | ||||||
| Churchwarden | Susie Cranko-Page | |||||
| Churchwarden | Chris Ballard | |||||
| Methodist Steward |
Joan Greening | |||||
| Circuit | Steward | Rachei Vyse | ||||
| Church | Treasurer | Andy Hiles | ||||
| Elected Trustees | ||||||
| Joyce Banham | ||||||
| Deanery Synod Rep | David Greening | |||||
| Sue Benstead (from 03/05/2022) | ||||||
| Betty Guy | ||||||
| Gillian Hiles | ||||||
| Deanery Synod Rep | LizJames | |||||
| Evelyn Nadar | ||||||
| Richard Parr | ||||||
| Andrea Pearson | {until | 03/05/2022) | ||||
| Nick Roberts (until 03/05/2022) |
||||||
| Dennis Stafford | (until | 03/05/2022) | ||||
| Joyce Stevens | ||||||
| Matthew Stevenson | ||||||
| Sarah Stevenson | ||||||
| Signe .. | ||||||
| D | te | ZS4L~ZQ | Date | ~~(+ I D~~ |
| Unrestricted | Restricted | Total | Funds | |||
|---|---|---|---|---|---|---|
| Funds | Funds | 2,022 | 2021 | |||
| Note | 2 | 8 | ||||
| INCOMING RESOURCES | ||||||
| Incoming resources from donors |
2a | 76,463 | 103 | 76,565 | 74,831 | |
| Other voluntary incoming resources | 2b | 10,746 | 99,72T | 110,473 | 16,983 | |
| Incoming resources from operating | activities: | |||||
| -to fudher the Council's objects | 2c | 8,526 | 0 | 8,526 | 6,556 | |
| -togenerate funds |
2d | 6,054 | 0 | 6,054 | 1,7'I 7 | |
| Income from investment | 2e | 504 | 728 | 1,232 | 235 | |
| TOTAL INCOMING RESOURCES | 102294 | 100,557 | 202,851 | 100,322 | ||
| RESOURCES EXPENDED | ||||||
| Activities directly reiating to the work of |
106,290 | 9,583 | 'I15,8T3 | 108,841 | ||
| the Church | ||||||
| Church management and administration |
3b | 0 | 4,S63 | 4,960 | ||
| Costs ofgenerating funds |
3c | 0 | 19 | 0 | ||
| TOTAL RESOURCES EXPENDED | 111,272 | 9,583 | 120,855 | 113,801 | ||
| TRANSFERS BETWEEN FUNDS | 141,676 | -141,676 | 0 | |||
| NET INCOMING RESOURCES BEFORE | -8,979 | 90,9T5 | 81,996 | -'I3,479 | ||
| OTHER RECOGNISED GAINS AND LOSSES | ||||||
| GAIN ON INVESTMENT ASSETS | 4b | -811 | 0 | -811 | 866 | |
| NET MOVEMENT IN FUNDS |
131,886 | -50,701 | 81,185 | -12,613 | ||
| BALANCES BROUGHT FORWARD | AT | |||||
| 1 JANUARY 2022 | 2T2,458 | 99,600 | 372,057 | 384,670 | ||
| BALANCES CARRIED FORWARD | AT | |||||
| 31DECEMBER 2022 | 404,344 | 48,900 | 453,242 | 372,057 |
| Notes | tothe Financial Statements | tothe Financial Statements | for | the year ended 31December | the year ended 31December | the year ended 31December | 2022 | ||
|---|---|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | funds | ||||||
| funds | funds | ||||||||
| description | 2022 | 2021 | |||||||
| 2 | |||||||||
| 2 | INCOMING RESOURCES | ||||||||
| 2a | Incoming resources from |
donors | |||||||
| Planned giving |
57,821 | 57,821 | 58,135 | ||||||
| Income tax recoverable | 14,691 | 103 | 14,793 | 14,026 | |||||
| Baptisms, weddings | and funerals | 482 | 482 | 359 | |||||
| General collections | 3,470 | 3,4?0 | 2,311 | ||||||
| 76,463 | 103 | 76,565 | 74,831 | ||||||
| 2b | Other votvntaryincoming | resources | |||||||
| Donations and general bequests | 10,746 | 20,906 | 31,652 | 3,408 | |||||
| Grants received | 78,821 | 78,821 | 13,500 | ||||||
| Bungalow | 75 | ||||||||
| Legacies | |||||||||
| 10,746 | 99,727 | 110,473 | 'I6,983 | ||||||
| 2c | incoming resources from |
operating | activities: | ||||||
| -to further the Council's | objects | ||||||||
| Fees | 8,526 | 8,526 | |||||||
| MisceBaneous income |
|||||||||
| 8,526 | 8,526 | 6,556 | |||||||
| 2d | incoming resources from |
operating | activities: | ||||||
| —togenerate funds |
|||||||||
| Church office printing | 40 | 40 | 86 | ||||||
| Church olfice miscellaneous | income | ||||||||
| Other income | 2,566 | 2,566 | 1,190 | ||||||
| Fund-raising | 3,448 | 3,448 | 44 I | ||||||
| 6,054 | 6,054 | 1,717 | |||||||
| 2e | Income from investment | ||||||||
| CBFDeposit Fund and | bank | interest | 320 | 728 | 1,048 | 56 | |||
| Charities Investment |
Fund dividends | 184 | 184 | 179 | |||||
| 728 | 1,232 | 235 | |||||||
| TOTAL INCOMING RESOURCES | 102,294 | 100,557 | 202,851 | 100,322 |
| Note | s to the Financial St | atements forthe yea |
r ended 31Decembe | r 2022 | ||
|---|---|---|---|---|---|---|
| Restricted | Totalfunds | |||||
| Unrestricted | funds | |||||
| funds | ||||||
| 2022 | 2021 | |||||
| 2 | 2 | |||||
| 3 | RESOURCES EXPENDED | |||||
| 3a | Activities directly relating fo the work ofthe Church | |||||
| Diocesan parish | share | 63,920 | 63,920 | 63,000 | ||
| Methodist circuit contribution |
22,914 | 22,914 | 19,550 | |||
| Parish expenses | 1,183 | 1,183 | 1,053 | |||
| Upkeep ofservices | 557 | 557 | 346 | |||
| Church running |
expenses | 8,717 | 8,717 | 7,984 | ||
| Appointment of |
Team Rector | 1,052 | 1,052 | |||
| Church maintenance | 2,993 | 417 | 3,410 | 5,170 | ||
| Childrens' work |
||||||
| Subscriptions | 562 | 562 | 653 | |||
| Catering | 341 | 341 | ||||
| Donations | 176 | |||||
| Mission and outreach | 251 | 251 | 318 | |||
| Christmas Day meal |
||||||
| Friendship cafe | 891 | 891 | 436 | |||
| Dementia West | Norfolk | 7,068 | ||||
| Bungalow council tax | 2,440 | 1,289 | ||||
| Bungalow project | 9,166 | 9,166 | 1,167 | |||
| Bank charges | 470 | 470 | 632 | |||
| Miscellaneous | ||||||
| 106,290 | 9,583 | 115,873 | 108,841 | |||
| 3b | Church management | and administration | ||||
| Church office | 4,963 | 4,960 | ||||
| 4,963 | 4,960 | |||||
| 3c | Costs ofgenerating | funds | ||||
| Fund-raising | 19 | |||||
| TOTAL RESOURCES EXPENDED | 1'l1,2'72 | 9,583 | 120,855 | 113,801 |
| Bungaiow | Bungalow | Total | ||||
|---|---|---|---|---|---|---|
| fixtures | ||||||
| andfittings | ||||||
| Actual/deemed | cost at | 1 January 2022 | 225,000 | 225,000 | ||
| Additions | 92,451 | . | 49,225 | 141,676 | ||
| At 31 December 2022 | 317,451 | 49,225 | 366,676 | |||
| DEPRECIATION | ||||||
| Charge forthe year | ||||||
| At 31 December 2022 | ||||||
| NET BOOK VALUE | At 31 December 2022 | 317,451 | 49,225 | 366,676 | ||
| At 31 December 2021 | 225,000 | 225,000 |
| At 31 December | At 31 December | 2021 225,000 |
225,0 | ||
|---|---|---|---|---|---|
| In addition to assets with a purchase | price of21,000 or less, | which | are written off when | ||
| the asset is | acquired, ail assets deemed to have been wdtten |
down | to Nil by 31 | ||
| December 2021 have been excluded | from the above Actual/Deemed | Cost and | |||
| Depreciation | figures. | ||||
| 4b | investment | assets | |||
| Movements | in the year: | ||||
| Market | value —1 January 2022 |
6,972 | |||
| Net gain on disposals and annual | revaluation | -811 | |||
| Market | value - 31 December 2022 | 6,161 |
| Not | es tothe Financial Statem | es tothe Financial Statem | e | nts | nts | nts | |||
|---|---|---|---|---|---|---|---|---|---|
| LIABILITIES:AMOUNTS | FALLING DUE WITHIN ONE | ||||||||
| 6 | YEAR | 2022 | 2021 | ||||||
| 8 | |||||||||
| Accruals and deferred | income | 16,517 | 772 | ||||||
| Other creditors | |||||||||
| 16,517 | 772 | ||||||||
| 7 | ANALYSIS OF NET ASSETSBY | FUND | |||||||
| Unrestricted | ' | Restricted | Total | ||||||
| funds | funds | funds | |||||||
| 8 | |||||||||
| Fixed assets for Church | use | 366,676 | 366,676 | ||||||
| Fixed asset investments | 6,161 | 6,161 | |||||||
| Current assets | 48,Q24 | 48,90Q | 96,923 | ||||||
| Current liabilities |
-16,517 | -16,517 | |||||||
| Fund balance | 404,344 | 48,900 | 453,244 | ||||||
| 8 | FUND DETAILS | 2022 | 202'I | ||||||
| 8 | 2 | ||||||||
| Fund balances at the Balance Sheet date are | as follows: | ||||||||
| Unrestricted funds |
|||||||||
| Unrestricted general |
funds | 400,095 | 268,708 | ||||||
| Designated funds: |
|||||||||
| Rector &Warden's | Fund | 920 | 919 | ||||||
| Catering Fund | 982 | 982 | |||||||
| ~ JCollison donation | 280 | 280 | |||||||
| Christmas Day |
Meal | 338 | 338 | ||||||
| After school club | 232 | 232 | |||||||
| Friendship cafe |
1,347 | 848 | |||||||
| Youth fund | 150 | 150 | |||||||
| 404,344 | 272,458 | ||||||||
| Restricted funds | |||||||||
| Organ Fund | 2,106 | 2,079 | |||||||
| Church Repairs Fund | 6,721 | 7,046 | |||||||
| Radcliffe Centenary | Fund | 5,819 | 5,743 | ||||||
| Bungalow project (CBFfund) | 40 | 66,101 | |||||||
| Bungalow project (community | account) | 33,212 | 17,731 | ||||||
| Bungalow project (R&W account) | |||||||||
| Training fund |
899 | ||||||||
| Restricted fund gift | aid (Bungalow) | 103 | |||||||
| 48,900 | 99,599 |