# **THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF GREAT BADDOW, MEADGATE, DIOCESE OF CHELMSFORD (Charity Registration No. 1169955)** **ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2022** ## **THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF GREAT BADDOW, MEADGATE, DIOCESE OF CHELMSFORD** **(Charity Registration No. 1169955)** **ANNUAL REPORT AND FINANCIAL STATEMENT FOR THE YEAR ENDED 31ST DECEMBER 2022** ## **CONTENTS** |Page|1 - 3|Report of the Parochial Church Council| |---|---|---| ||4|Independent Examiner's Report| ||5|Statement of Financial Activities| ||6|Balance Sheet| ||7-19|Notes to the Accounts| Page 1 ## **THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF GREAT BADDOW, MEADGATE, DIOCESE OF CHELMSFORD** **(Charity Registration No. 1169955)** ## **ANNUAL REPORT OF THE PAROCHIAL CHURCH COUNCIL** ## **FOR THE YEAR ENDED 31ST DECEMBER 2022** ## **REFERENCE AND ADMINISTRATIVE DETAILS** Meadgate Church is part of the benefice of St Mary the Virgin Great Baddow, Chelmsford and became a separate parish on 1 January 2016, obtaining charity registration on 31 October 2016. It is part of the Diocese of Chelmsford within the Church of England. |Charity Number:|1169955|| |---|---|---| |Principal Office:|The Orchards|| ||Meadgate Centre|| ||Chelmsford|| ||Essex|| ||CM2 7NS|| |Independent Examiner|Claire Bullen|| ||Alexandra Anthony Limited|| ||47 Church Street|| ||Great Baddow|| ||Chelmsford|| ||CM2 7JA|| |Bankers|Barclays Bank PLC|Metro Bank PLC| ||1 Churchill Place|1 Southampton Row| ||London|London| ||E14 5HP|WC1B 5HA| |PCC members who have served during 2022 are:||| |Team Rector|Rev. Canon Timothy Ball (Chairman)|| |Other Team Clergy|Rev. Funmilayo Vaughan|Rev. Philip Sheldrake| ||Rev. Canon Roger Matthews|Rev. Andrew Brown| |Elected Members|Malcolm Burrell (Treasurer)|Luke Ridgwell| ||Natacha Dudley|Richard Robinson| ||Denise Hom (Church Warden)|Jason Smart| ||Claire Iveson (until 22 May 2022)|Amanda Robinson (from 22 May 2022)| ||John Kennett|Locardia Takawira (Assistant Warden)| ||Elizabeth Minnican (until 22 May 2022)|Rosalind Coleridge| ||Charlotte Parsons|Duncan McKenzie (Church Warden)| ||Angela Parker (from 22 May 2022)|David Belbin (from 22 May 2022)| ||Graham Delves (from 22 May 2022)|| ## **STRUCTURE, GOVERNANCE AND MANAGEMENT** The church is governed by the Parochial Church Council Powers Measure (1956) as amended and by church representation rules. The church is a charity, registered with the Charity Commission. The method of appointment of PCC members is set out in Church Representation Rules. All Church attendees are encouraged to register on the Electoral Roll and stand for election to the PCC. Page 2 ## **THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF GREAT BADDOW, MEADGATE, DIOCESE OF CHELMSFORD** **(Charity Registration No. 1169955)** ## **ANNUAL REPORT OF THE PAROCHIAL CHURCH COUNCIL** ## **FOR THE YEAR ENDED 31ST DECEMBER 2022** ## **OBJECTIVES AND ACTIVITIES** Meadgate Church PCC has the responsibility of co-operating with the team rector, the Rev. Canon Timothy Ball, in promoting in the ecclesiastical parish the whole mission of the church, pastoral, evangelistic, social and ecumenical. It also has the maintenance responsibilities for the Church centre complexes at the Parade and the Orchards. ## Background information Meadgate Church was established as a daughter church to St Mary the Virgin, Great Baddow, in 1963 to serve the needs of the Meadgate district which comprises a mix of former council housing now run by Chelmer Housing Partnership, and a number of privately owned dwellings. The church started in the home of one of the founder members and quickly grew, such that a church was built as part of the Meadgate Parade. Following various extensions as the church grew an opportunity to take over the site of the former Meadgate Junior School was taken advantage of and in July 2014 the Church took a three year lease from Essex County Council on the site now known as The Orchards, where as well as running Sunday services we have opened a cafe with under 5s soft play area which is open 5 days a week in school terms, as well as making the rooms available for other agencies serving the needs of the Meadgate Community. The lease was extended in 2017 allowing for discussions and agreement in principal for the purchase of the site, which completed on 16 September 2020. ## Mission statement Aiming to be like Jesus by being intentional, inspirational, invitational. ## **ACHIEVEMENTS, PERFORMANCE AND BACKGROUND INFORMATION** ## Church attendance There are 107 people registered on the Electoral Roll (2021: 105). Approximately 70 adults and 10 children attend the services each Sunday. ## Review of church council and church meeting business during the year. The PCC meets approximately every quarter with additional sub-committee meetings for mission, buildings and finance held when needed. Copies of the minutes are available to all church members on request after they have been signed and agreed by the PCC. Meetings continued as planned during the year, and were largely conducted virtually. ## **FINANCIAL REVIEW** Meadgate Church has once again witnessed the blessings and provision of God in respect of its finances. We started the year with a budgeted surplus of £936 for the General Fund and Orchards Cafe Fund combined, and ended at break-even. However, this break-even figure included a transfer of £11,294 into the Reserve Fund, and so these combined Funds generated a surplus prior to the funds transfer significantly in excess of budget. The General Fund ended the year with an unchanged balance of £33,327. Total income on ordinary unrestricted funds was £245,246 (2021: £205,198). Total unrestricted expenditure amounted to £222,619 (2021: £188,622). On the income side, giving by church members continued at similar levels to 2021, and both lettings and Cafe income were significantly higher than 2021 with there being no COVID impact in 2022. Expenditure was significantly higher than 2021, largely as a result of the church operating normally during 2022 without any COVID impact. The Church continues to pay in full our Deanery Share (or Family Purse) contribution – this year £60,865 (2021: £66,176). Following the purchase of The Orchards in 2020, the Orchards Purchase Fund is now sitting at £435,862 (2021: £415,531), represented entirely by the net asset value of The Orchards. £536 was transferred out of this Fund into the Reserve Fund. The Orchards Refurbishment Fund ended the year at £12,463 (2021: £16,414), with £48,858 having been spent on refurbishment works during 2022, these being primarily the replacement of windows and doors at the rear entrance of the building and at the front right-hand side. The PCC is extremely grateful to the Asda Foundation for its generous support in providing a matched-funding grant of £25,000 for the purpose of replacing the windows and doors at The Orchards. £20,000 of this grant was received in 2022, with the balance of £5,000 expected to be received in 2023 once further windows and doors have been replaced. The Community Assist Fund is now sitting at £1,583 (2021: £1,444), with income in 2022 of £1,378 and having funded £1,238 of donations of food and other essential items to those in need. P¥g•3 ThE PAR0¢￿1 CHLIRCMCOUIKaLOFThE ECCLESLASTICALPARMH OFaReA7MCO)W, MEAC4I4TE, ANP•JAL RepoRTOPThE PAIlO¢I￿L¢•￿￿¢>1¢c1JIK NANCIIL Reviw4Y l¢ertl Th•RowYè Fund ￿￿j1￿¥•￿￿£2S26J￿uZ1.f25.¥O3).kkn￿¥J r￿dlheGoThwd (rcontha<*¢hg￿1puth• Fund. A c￿￿clIF•Y￿1cI£l2.271 2ts22 to $ubixttoiheRvAyr¥• ￿#b￿ng ityuir•y forg•iwal W￿1￿ 21*3, Ik• PCC Oxkyo tow•wD•ry•l ￿th•￿￿1¢•calh4 Fundio Ir•n p*rrw ThePCcvK￿￿j dLty thfrywlrfth E•wAthnty Cojndl chihyren end k•opin9 Th•1￿1[d*L￿n 41 A knsw". ReS¢RVVdPOUCY Th8 pe¢ M rNndtul al ltr• thwity gumkn d unraKlrklBd lun& ￿Irt up tr> • to apprthlrmtoty s t(tsb£61.349 *18 li*W rtvAII td(Y8th8 funds ￿ be up b)tl* RESP¢•I$•ILmESOPnE Pee 130 rfth•ehwiiM*&* 2011 bytr•tharknBC{¥rffl￿W. fin•nciil tho chBrity u8 lo w*h 2011. W• ￿ •*0 for .¢￿￿ CM2 YNS IAvrf2023 P8ge 4 THE The PAROCHIAL CHURCH COUNCIL ¢% ECCLESIASTICAL PARISH OF GREAT BADDOW. MEAOGAT& DIOCESE OF CHELkl8fORD This report on the Accc#Jnts of the PCC fo¥ th? yoar 31 Decernber 20r2. is set eut on page8 1 to 19 inclu6ive. 1$ respe￿ ol an examlnaiion camed ow in ￿[dar￿e wth th& Clwrckn Armjnting RegL￿a￿on$ 20ce and Sethon 145 01 the Charitie$ Act 2011. As members of the PCC yw are respon￿bI* lor the waparatlon ol th8 Acc￿1nts'. you conBider that tha audrt reqL#remenl of Regul?Yon 3131 ol the Chjrch Acc￿nting R8gukitKm 2Cth and SectK)n 144121 of the Charit￿& Act 2011 Ithe Act) does not apply It 18 my re$pw$iDiiity ￿ ISSLE ink8 report on those AccoLrn In wiraartt wrtn Th tern￿ ot tne Lnum Aryounting Regulatlons 2CXX and Ihè Ch8nt*s IAec*Junts and Reports) Re9u1•tK￿S 2(Th. My eXa￿na￿'0n w88 canled In Accordanc• ¥wth Ihe Géneral Q'rttbons gwl by the ch￿'ty cornmi38lc￿ undor Socb'c 145lSllbl of the Ad and lo be fcAJnd In the 9￿￿an￿ trom the CBF. Thai OKArn￿ation incl￿aeS a r8view of ihe acthunlng r•cordS k•0 by thé PCC arKI a cL￿pArIS￿l of the AcLounts wrth tw• rKord8. 11 also incaud88 considering any unusual it¥m5 or disclo8ures In the Acuunts and a4eking explan•t'on$ frryn you J¥ Tru3ict•3 Concerning any Such rnattor8. The ocethjres und8rtok*n do not provide all the evidenc* thal be requ¥gd wi on 4NJ ¢on8&qu•rfy I do not 8xpre88 •n JutJil opinion on the wew gwen bythe Accounts In 8ccord8nce with ffly gxamination, no matter h89 my &lveB rea80nable c•u•e to teliava thet in any m•tsrl•l resyJct, the reqU1￿ments . to ka•p •c¢ountirYJ record# ￿ •ectrt•nc• Wilh S•et￿ffl 130 of lh• 2011 Aci.. and lo propare knounts whKI) *¢x¢xd the accthnting records and lo o)mpty th• r•quifernenls ol th8 Act, as also ￿ntain0d in th8 Church Rogulabons 2(Ke have nct IJ*￿ met. or lo wh*h, kn my wnion. 8tlWith Sh￿￿1 be drawfft In txder to enable 4 prc¥)•r und•r•tsnding cl the unts to be re•ch•d. 47 Church Str¢•t Greai Baoaow Chelmsford CM2 7JA Clalre 8uiien Irdèpèndent Examiner A*xandra Anthony Limited Ch•rt6red ca￿tI•d AccL)untanl$ 7.L$&...fv7.￿th.2023 Page S. THE PAROCHIAL (IIURCH COVNaLOF THE ECCLE5145TICAL PARISH OF GREAT BADtK>W, MEADGATE, DIOCESE OF CHELMSFORD Icharlty RegIStra￿On No. 1169955) srATEMENT OF FINANaALAcrnimES FOR THE YEAR ENDED 31ST DE￿MBER 2022 Unre5trkt•d Re5trictsd Funds Funds TOTAL FUND5 Note5 2022 2021 INCOME AND ENDOWMENTS Voluntary Income 4-6.12.14. 17-19 15L748.91 49301.48 201,050.39 163,320.59 Activities for Generating Funds Investment Income Income from Church Activities Other Income 37.688.95 42.15 37,688.95 48.54 49,688.11 6,377.68 32,589.50 6.02 25.101.49 2,073.25 16.18 6.39 49fi88.11 6.377.68 10-13,15 TOTAL INCOME 245,545.80 49.307.87 294,853.67 223,0%.85 EXPENDITURE Church Activities Fund-raising Costs 2045 222,618.83 55A07.77 278,426.60 248,240.73 TOTAL EXpEND￿uRE 221618.83 55,807.77 278,426.60 248,240.73 INCOME/ IEXPENDITUREI 22,926.97 6,499.9) 16,427.07 25,149.88 Boughtforward at l January 2022 Transfers Between Funds BALANCESAT31 DECEMBER 2022 61,301.77 22.879.50 61,349.24 431,945.13 22.879.50 448.324.73 493,246.90 518,396.78 509,673.97 493,246.90 Awxoved ty the ParrKIMal Chuich Council on 16 APRIL 2023 Churth Officer Church Officer Treasurer Page 6. ## **THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF GREAT BADDOW, MEADGATE, DIOCESE OF CHELMSFORD** **(Charity Registration No. 1169955)** ## **BALANCE SHEET AS AT 31ST DECEMBER 2022** |**2021**
Notes
**FIXED ASSETS**
662,080.29
**CURRENT ASSETS**
9,206.97
Debtors and Prepayments
48
11,489.77
486.20
Deposit Account
49
492.59
82,282.10
Current Account
50
67,548.62
774.15
Pockit Card
51
1,029.35
235.00
Youth Account
52
443.24
95.00
Cash in hand: General Fund
95.00
93,079.42
**CURRENT LIABILITIES**
15,363.91
Creditors and accrued expenses
54
7,286.31
22,621.53
Loans repayable within 12 months
46
7,426.59
223,927.37
Loans repayable beyond 12 months
46
218,791.99
261,912.81
**493,246.90**
**NET ASSETS / (LIABILITIES)**
**FUNDS**
**Unrestricted**
33,326.65
General Fund
**Designated**
-
Orchards Café Fund
0.00
593.45
Creative Hands Fund
50.00
-
Community Garden
683.50
235.00
Youth
443.24
1,443.92
Community Assist
1,583.24
25,702.75
Reserve
25,262.61
**Restricted**
-
Mission / Charities Fund
-
415,531.39
Orchards Purchase Fund
435,861.72
16,413.74
Orchards Refurbishment Fund
12,463.01
**493,246.90**
**TOTAL FUNDS**|81,098.57
233,504.89|**2022**
662,080.29| |---|---|---| |||| |||509,673.97| |||33,326.65
28,022.59
448,324.73| |||509,673.97| Page 7. ## **THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF GREAT BADDOW, MEADGATE, DIOCESE OF CHELMSFORD** **(Charity Registration No. 1169955)** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2022** ## **1. ACCOUNTING POLICIES** ## a) Basis of accounting The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with United Kingdom Generally Accepted Accounting Practice (FRS 102), and the Charities Act 2011 . ## b) Funds Restricted funds represent donations or fundraising income invited by the PCC for a specific object. The funds may only be expended on the specific object for which they were given. Any balance remaining unspent at the end of each year must be carried forward as a balance on that fund. Where funds received have been restricted for the purchase of fixed assets, the value of the specific object is transferred at the purchase date from the restricted fund to the general fund in the Statement of Financial Activities. General Funds represent funds of the church council that are not subject to any restrictions regarding their use and are available for application on the general purposes of the Church. Funds designated by the Church Council for a particular purpose are also unrestricted. - c) Income and Endowments All income and endowments are included in the statement of financial activities when the Church is entitled to the income and the amount can be quantified with reasonable accuracy. The following specific policies are applied to particular categories of income: - Collections and planned giving receivable under covenant are recognised when received on behalf of the Church Council. - Tax refunds are recognised when the incoming resource to which they relate is received. - Funds raised from outreach activities and similar events are accounted for gross. - Grants and legacies to the Church Council are accounted for as soon as the Church Council is notified of its legal entitlement and the amount due. Grant income is matched to the period to which it relates. - Rental income from the letting of church premises is recognised when the rental is due. - Trading income is recognised when the goods have been sold. - Interest is recognised when received. ## d) ## Expenditure Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which is reported as part of the expenditure to which it relates: - Costs of generating funds comprise the costs associated with attracting voluntary income and the costs of running fundraising events. - Church activities expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them. - The costs of governance which include those costs associated with meeting the constitutional and statutory requirements of the charity and include the Independent Examination fees and costs linked to the strategic management of the charity are included as support costs for our charitable activities. Page 8. **THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF GREAT BADDOW, MEADGATE, DIOCESE OF CHELMSFORD (Charity Registration No. 1169955)** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2022** ## **2. DETAILED STATEMENT OF FINANCIAL ACTIVITIES** |**Notes**
**INCOME**
Planned Giving
4
Income Tax Recovered (Planned Giving)
4
Collections
5
Non-Planned Giving
5
Donations
6
Income Tax Recovered (Non-Planned Giving)
5
Church Letting Income
7
Catering Income
8
Orchards Café
9
Sundry Income
10
Creative Hands
11
Community Garden
12
Youth Account
13
Community Assist
14
Parochial Fees
Bank Interest Received
16
Funds raised for Mission/Charities
17
Funds raised to purchase The Orchards
18
Funds raised for The Orchards Refurbishment
19
**Total Income**
**EXPENDITURE**
Clergy Expenses
20
Staff Costs
21
Training
22
Worship Costs
23
Premises Rental
24
Upkeep of church building/grounds
25
Catering
26
Administration
27
Junior Church / Youth
28
Orchards Café
29
Community Outreach
30
Sundry Costs
31
Creative Hands
32
Get Meadgate Gardening
34
Youth Account
35
Evangelism
36
Orchards Loan Interest
40
Community Assist
41
The Orchards Refurbishment
45
Team GB Shared Expenses
42
**Outside of Parish**
Parish Share
37
Deanery Synod
38
Mission/Charity Giving From the General Fund
39
Mission/Charity Giving From Special Appeals
43
Balances as at 1 January 2022
Surplus/(Deficit) for year
Transfers between Funds
57
**Balances as at 31 December 2022**|**General**
**Orchards**
**Creative**
**Community**
**Youth**
**Community**
**Reserve**
**Restricted**
**Total**
**Fund**
**Café**
**Hands**
**Garden**
**Assist**
**Funds**
**Unrestricted**
**Designated**
**Designated**
**Designated**
**Designated**
**Designated**
**Designated**
**Summary**

113,163.48
113,163.48
1.2
21,894.68
21,894.68
2.3
5,377.08
5,377.08

1,922.00
1,922.00

5,159.00
20,000.00
25,159.00
2.5
1,855.17
77.50
5,218.68
7,151.35

37,270.00
37,270.00

418.95
418.95

49,688.11
49,688.11

4,581.31
4,581.31

796.27
796.27

1,000.00
1,000.00

920.10
920.10

1,300.00
1,300.00
80.00
80.00

42.15
6.39
48.54

5,932.70
5,932.70

452.00
452.00

17,698.10
17,698.10| |---|---| ||191,763.82
49,688.11
796.27
1,000.00
920.10
1,377.50
0.00
49,307.87
294,853.67| ||681.13
681.13

35,595.08
35,595.08

543.95
543.95

428.99
428.99

200.00
200.00

41,376.13
41,376.13

766.13
766.13

6,906.69
6,906.69

1,271.22
1,271.22

42,689.95
42,689.95

1,788.47
1,788.47

8,735.93
8,735.93

0.00
0.00

616.50
616.50

711.86
711.86

0.00
0.00

8,626.08
8,626.08

1,238.18
1,238.18

48,858.14
48,858.14

352.34
352.34
0.00
17
60,865.20
60,865.20

0.00
0.00

9,225.00
9,225.00

6,949.63
6,949.63| ||177,362.34
42,689.95
0.00
616.50
711.86
1,238.18
0.00
55,807.77
278,426.60| ||33,326.65
0.00
593.45
0.00
235.00
1,443.92
25,702.75
431,945.13
493,246.90
14,401.48
6,998.16
796.27
383.50
208.24
139.32
0.00
-6,499.90
16,427.07

-14,401.48
-6,998.16
-1,339.72
300.00
-440.14
22,879.50
0.00| ||**33,326.65**
**0.00**
**50.00**
**683.50**
**443.24**
**1,583.24**
**25,262.61**
**448,324.73**
**509,673.97**| Page 9. ## **THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF GREAT BADDOW, MEADGATE, DIOCESE OF CHELMSFORD** **(Charity Registration No. 1169955)** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2022** ## **3. RESTRICTED FUNDS SUMMARY FOR THE YEAR ENDED 31ST DECEMBER 2022** |**INCOME**
Funds raised for Mission/Charities
Orchards Purchase
Orchards Loan
Orchards Refurb
Donations
Deposit Interest
Income Tax Recovered
3A
**Total Income**
**EXPENDITURE**
Funds raised for Mission/Charities
Orchards Purchase
Orchards Loan Repayments
Orchards Refurb
Church Group Expenses
Gifts
Other Expenditure
**Total Expenditure**
Balances as at 1 January 2022
Surplus/(Deficit) for year
Transfers between Funds
Balances as at 31 December 2022|**Mission/**
**Orchards**
**Orchards**
**TOTAL**
**Charities**
**Purchase**
**Refurb**
5,932.70
5,932.70
452.00
452.00
0.00
17,698.10
17,698.10
20,000.00
20,000.00
6.39
6.39

1,016.93
78.00
4,123.75
5,218.68| |---|---| ||6,949.63
536.39
41,821.85
49,307.87| ||6,949.63
6,949.63
0.00
0.00
0.00
48,858.14
48,858.14
0.00
0.00
0.00| ||6,949.63
0.00
48,858.14
55,807.77| ||0.00
415,531.39
16,413.74
431,945.13
0.00
536.39
-7,036.29
-6,499.90
0.00
19,793.94
3,085.56
22,879.50| ||**0.00**
**435,861.72**
**12,463.01**
**448,324.73**| |||**NOTES TO THE ACCOUNTS**|||||||Page 10|| |---|---|---|---|---|---|---|---|---|---|---| ||||||**2022**|||**2021**||| |||**UNRESTRICTED INCOME**||||||||| |||||||||||| |4||**PLANNED GIVING**||||||||| ||1.1|Planned Giving- DD,Pledged,Gift Aided||87,437.00|||84,000.66|||| ||1.5|Planned Giving- DD,Pledged,CAF etc||9,685.48|||9,805.48|||| ||1.7|Planned Giving- DD,Not Gift Aided||13,790.00|||12,229.00|||| ||1.4|Planned Giving- Other(NGA)||420.00|||400.00|||| ||1.6|Envelopes - Not Gift Aided||216.00|||778.00|||| ||1.3|Envelopes - Gift Aided||1,615.00|||1,699.41|||| ||1.2|Income Tax Recovered||21,894.68|||22,305.17|||| ||||||135,058.16|||131,217.72||| |5||**NON PLANNED GIVING**||||||||| ||2.1|Non Planned Giving (Gift Aided)||1,138.00|||4,298.00|||| ||2.2|Non Planned Giving (Not Gift Aided)||784.00|||5,081.72|||| ||2.5|Income Tax Recovered||1,855.17|||1,197.58|||| ||2.3|Collections||5,377.08|||1,646.88|||| ||||||9,154.25|||12,224.18||| |6||**DONATIONS**||||||||| ||2.4|Donation - Unrestricted||455.00|||252.43|||| ||2.4|Donation - Hampers||160.00|||310.00|||| ||2.4|Donation - Alms Fund||150.00||||||| ||2.4|Steph Ridgwell||0.00|||545.00|||| ||2.4|Elevate||0.00|||47.50|||| ||2.4|RectoryDecorating||0.00|||500.00|||| ||2.4|Youth Fund||400.00||||||| ||2.4|Defibrillator||2,474.00||||||| ||2.4|Elizabeth Snowden||470.00||||||| ||2.4|SensoryPlay||50.00||||||| ||2.4|EALC Warm Spaces||1,000.00||||||| ||||||5,159.00|||1,654.93||| |||||||||||| |||**OTHER GENERAL FUND INCOME**||||||||| |7||Church LettingIncome:||||||||| ||3.1|NELFT||19,700.00|||19,840.00|||| ||3.1|CHESS||0.00|||200.00|||| ||3.1|Moo Music||7,410.00|||5,565.00|||| ||3.1|U3A||1,735.00|||1,070.00|||| ||3.1|CCG Choir||780.00|||300.00|||| ||3.1|Diocesan Meeting||276.00|||0.00|||| ||3.1|Other||894.00|||1,600.50|||| ||3.1|Sounds Right||930.00|||420.00|||| ||3.1|Chelmsford CityCouncil||0.00|||525.00|||| ||3.1|Starlight Music Theatre Group||1,200.00|||1,080.00|||| ||3.1|Made For More||1,830.00|||1,162.50|||| ||3.1|Do Re Minis||810.00||||||| ||3.1|YMCA||880.00||||||| ||3.1|SigningSense||195.00||||||| ||3.1|TappyToes||630.00||||||| ||||||37,270.00|||31,763.00||| |||||||||||| |8|3.2|CateringIncome|||418.95|||826.50||| |9||Orchards Café||||||||| ||3.3|DailyTakings||49,663.11|||24601.49|||| ||3.3|PartyHire||25.00|||500.00|||| ||3.3|Cash from Church||0.00||||||| ||3.3|Insurance Claim||0.00||||||| ||||||49,688.11|||25,101.49||| |10||SundryIncome||||||||| ||3.5|Night of Song||1,215.00||||||| ||3.5|Barn Dance||695.00||||||| ||3.5|Other||834.31|||753.00|||| ||3.5|CurryNight for Afghanistan||507.00||||||| ||3.5|Christmas Concert||1,020.00||||||| ||3.5|Panto||310.00||||||| ||||||4,581.31|||753.00||| ||||||||||Page 11|| |---|---|---|---|---|---|---|---|---|---|---| |11|3.9|Creative Hands|||796.27|||70.00||| |||||||||||| |12||CommunityGarden||||||||| ||4.8|Donations Gift Aided||0.00||||||| ||4.8|Donations Not Gift Aided||0.00||||||| ||4.8|Grants||1,000.00||||||| ||4.8|Income Tax Recovered||0.00||||||| ||4.8|Other Income||0.00||||||| ||||||1,000.00|||0.00||| |||||||||||| |13||Youth Account|||920.10|||1,250.25||| |||||||||||| |14||CommunityAssist||||||||| ||3.1|Donations Gift Aided||100.00|||265.00|||| ||3.1|Donations Not Gift Aided||1,200.00|||0.00|||| ||3.1|Donations CAF etc||0.00|||0.00|||| ||3.1|Income Tax Recovered||77.50|||66.25|||| ||||||1,377.50|||331.25||| |||||||||||| |15|3.7|Parochial Fees|||80.00|||0.00||| |16|3.8|Bank Interest Received|||42.15|||5.50||| |||||||||||| |||**TOTAL UNRESTRICTED INCOME**|||245,545.80|||205,197.82||| |||||||||||| |||**RESTRICTED FUNDS INCOME**|||||||Page 12|| |---|---|---|---|---|---|---|---|---|---|---| |||||||||||| |17|3a|**FUNDS RAISED FOR MISSION/CHARITIES**||||||||| ||4.1|Denisa Care Home(was Hope for Kids)|Donations|2,019.70|||914.00|||| |Refer also|4.1.2 Denisa Care Home - Income Tax Recove||Income Tax|409.93|||141.00|||| |to||||2,429.63|||1,055.00|||| |Restricted||||||||||| |Funds|4.1|Samaritans Purse|Donations|780.00|||385.00|||| |Summary|4.1.4 Samaritans Purse - Income Tax Recover||Income Tax|151.25|||96.25|||| |||||931.25|||481.25|||| |||||||||||| ||4.1|SPTC(James Harding)|Donations|0.00|||655.00|||| ||4.1.6 James Harding- Income Tax Recovered||Income Tax|0.00|||96.25|||| |||||0.00|||751.25|||| |||||||||||| ||4.1|Little Edi|Donations|510.00|||235.00|||| ||4.1.10 Little Edi - Income Tax Recovered||Income Tax|127.50|||35.00|||| |||||637.50|||270.00|||| |||||||||||| ||4.1|Ukraine Families at Denisa|Donations|1,615.00|||0.00|||| ||4.1.12 Ukraine Families at Denisa - Income T||aIncome Tax|133.75|||0.00|||| |||||1,748.75|||0.00|||| |||||||||||| ||4.1|Bible Society|Donations|1,008.00|||0.00|||| ||4.1.14 Bible Society- Income Tax Recovered||Income Tax|194.50|||0.00|||| |||||1,202.50|||0.00|||| ||||||6,949.63|||2,557.50||| |||||||||||| |18||**THE ORCHARDS PURCHASE**||||||||| ||4.3|Donations Gift Aided||0.00|||460.00|||| |Refer also|4.3|Donations Not Gift Aided||452.00|||884.93|||| |to|4.3|Donations CAF etc||0.00|||0.00|||| |Restricted||CCLA Deposit Interest||6.39|||0.52|||| |Funds|4.3|Income Tax Recovered||78.00|||177.25|||| |Summary|4.3|Fund Raising||0.00|||0.00|||| ||4.3|Fund RaisingEvents Income||0.00|||0.00|||| ||||||536.39|||1,522.70||| |||||||||||| |19||**THE ORCHARDS REFURBISHMENT**||||||||| |Refer also|4.5|Donations Gift Aided||16,055.00|||2,795.50|||| |to|4.5|Donations Not Gift Aided||1,643.10|||9,957.00|||| |Restricted|4.5|Grants||20,000.00|||0.00|||| |Funds|4.5|Income Tax Recovered||4,123.75|||708.88|||| ||4.5|Other Income||0.00|||351.45|||| |Summary|||||41,821.85|||13,812.83||| |||||||||||| |||**TOTAL RESTRICTED INCOME**|||49,307.87|||17,893.03||| |||||||||||| |||**UNRESTRICTED EXPENDITURE**|||||||Page 13|| |---|---|---|---|---|---|---|---|---|---|---| |||||||||||| |20||**CLERGY EXPENSES**||||||||| ||5.1|Mileage||137.10|||145.22|||| ||5.1|Office||70.70|||25.80|||| ||5.1|Telephone||347.60|||361.78|||| ||5.1|Other||125.73|||3.07|||| ||5.1|Books and Publications||0.00|||101.18|||| ||||||681.13|||637.05||| |||||||||||| |21||**STAFF COSTS(EXCL. CAFÉ STAFF)**||||||||| ||||||35,595.08|||34,630.11||| |||||||||||| |22||**TRAINING**||||||||| ||7.1|General Training||543.95|||243.89|||| ||||||543.95|||243.89||| |||||||||||| |23||**WORSHIP/SERVICES COSTS**||||||||| ||8.2|Communion Bread & Wine||9.00|||33.81|||| ||8.4|Books & Booklets||77.96||||||| ||8.8|Palm Crosses||0.00|||17.88|||| ||8.9|Refreshments||342.03|||185.89|||| ||8.1|SundryExpenses||0.00|||180.57|||| ||||||428.99|||418.15||| |||||||||||| |24||**PREMISES RENTAL**||||||||| ||9.2|Chelmer HP||200.00|||200.00|||| ||||||200.00|||200.00||| |||||||||||| |25||**UPKEEP OF PREMISES**||||||||| |||**Upkeep of The Parade**||||||||| ||10|Utilities||2,567.65|||761.52|||| ||10|Insurance||1,108.23|||1,036.48|||| ||10|Refuse Collection Fee||73.76|||544.52|||| ||10|Extinguisher Service||70.92|||119.66|||| ||10|Maintenance & Repairs||1,069.96|||853.13|||| ||10|Cleaning||1,157.47|||957.37|||| |||||6,047.99|||4,272.68|||| |||**Upkeep of The Orchards**||||||||| ||10|Utilities||16,638.67|||12,271.57|||| ||10|Insurance||2,720.81|||2,468.98|||| ||10|Refuse Collection Fee||867.88|||239.72|||| ||10|Extinguisher Service||109.62|||109.20|||| ||10|Gardening||9.56|||0.00|||| ||10|Boiler Service||0.00|||666.56|||| ||10|Maintenance & Repairs||5,775.44|||2,994.95|||| ||10|SundryItems||0.00|||34.00|||| ||10|Cleaning||8,259.96|||5,726.36|||| ||10|Container Hire||446.40|||446.40|||| ||10|CleaningSupplies||427.88|||499.39|||| ||10|AV Equipment||71.92|||2,217.73|||| |||||35,328.14|||27,674.86|||| |||||||||||| ||||||41,376.13|||31,947.54||| |||||||||||| |26||**CATERING EXPENSES**||||||||| ||11|Orchards CateringGeneral||616.12|||507.16|||| ||11|Parade CateringGeneral||150.01|||26.17|||| |||CateringStaff Costs|||||209.45|||| ||||||766.13|||742.78||| |||||||||||| |27||**ADMINISTRATION**|||||||Page 14|| |---|---|---|---|---|---|---|---|---|---|---| |||||||||||| ||12|Licences||1,680.17|||1,566.68|||| ||12|Stationery||436.86|||205.52|||| ||12|Printing /Photocopying||2,621.17|||4,374.34|||| ||12|Books & Booklets||0.00|||35.00|||| ||12|Postage||0.00|||63.07|||| ||12|GivingEnvelopes||35.52|||30.89|||| ||12|Photocopier/Printer Toner/Ink||224.89|||301.47|||| ||12|Equipment||83.14|||0.00|||| ||12|Other||0.00|||90.97|||| ||12|Publicity||0.00|||46.32|||| ||12|Phone||856.41|||822.52|||| ||12|Internet Subscription||968.53|||878.95|||| ||||||6,906.69|||8,415.73||| |||||||||||| |28||**JUNIOR CHURCH/ YOUTH**||||||||| ||13|Stationary||80.00|||72.84|||| ||13|Food and Drink||229.91|||189.93|||| ||13|Craft||76.40||||||| ||13|Resources||740.91|||432.23|||| ||13|Phone||144.00||||||| ||||||1,271.22|||695.00||| |29||**ORCHARDS CAFÉ COSTS**||||||||| ||14|CateringSupplies||16,511.39|||7,870.85|||| |||Café Staff Costs||25,884.48|||19,346.05|||| ||14|Equipment||71.36|||0.00|||| ||14|Maintenance||222.72|||132.48|||| ||14|Furlough Payments||0.00|||-3,276.77|||| ||14|Re-openingCosts re Covid-19||0.00||||||| ||||||42,689.95|||24,072.61||| |||||||||||| |30||**COMMUNITY OUTREACH**||||||||| ||15|General Expenses||0.00|||164.61|||| ||15|Summer Festival||810.98|||596.83|||| ||15|Barn Dance||582.26|||666.63|||| ||15|Pancake Night||20.78|||0.00|||| ||15|Mulled Wine & Mince Pies Social||0.00|||0.00|||| ||15|Christmas Hampers||0.00|||267.37|||| ||15|Kintsugi Hope||40.00|||11.60|||| ||15|SensoryPlay||62.02||||||| ||15|Panto||272.43||||||| ||||||1,788.47|||1,707.04||| |||||||||||| |31||**SUNDRY COSTS**||||||||| ||16|Other Expenditure||4,691.90|||650.08|||| ||16|Donations||300.00|||100.00|||| ||16|Social Function||0.00|||0.00|||| ||16|Sundry||166.79|||237.60|||| ||16|Bank Charges||382.68|||285.86|||| ||16|Leaders Fees||0.00||||||| ||16|Funeral Expenses||0.00||||||| ||16|Home GroupExpenses||0.00||||||| ||16|Team GB Meetings and Events||0.00||||||| ||16|HostingDiocese Meetings||11.40|||14.70|||| ||16|Night of Song||720.21||||||| ||16|Examination Fee||360.00|||300.00|||| ||16|St. Mary's||0.00||||||| ||16|St. Paul's||0.00||||||| ||16|Payroll Services||1,020.00|||2,040.00|||| ||16|Afghan Refugee Appeal(CurryNight)||470.20||||||| ||16|Christmas Concert||612.75||||||| ||||||8,735.93|||3,628.24||| |||||||||||| |32||**CREATIVE HANDS**||||||||| ||28|Creative Hands Expenses||||||0.00||| ||||||0.00|||0.00||| ||||||||||Page 15|| |---|---|---|---|---|---|---|---|---|---|---| |33||**CAMEO ACCOUNT**||||||||| |||CAMEO|||0.00|||197.70||| |||||||||||| |34||**GET MEADGATE GARDENING**||||||||| ||15|Get Meadgate GardeningExpenses||616.50|||0.00|||| ||||||616.50|||0.00||| |35||**YOUTH ACCOUNT**||||||||| |||Youth Account|||711.86|||1,477.96||| |||||||||||| |36||**EVANGELISM**||||||||| ||||||0.00|||0.00||| |||||||||||| |37|17|**PARISH SHARE**|||60,865.20|||66,175.56||| |||||||||||| |38|19|**DEANERY SYNOD**|||0.00|||20.84||| |||||||||||| |39||**GIFTS TO MISSIONS/ CHARITIES**||||||||| ||20|Denisa Care Centre(was Hope For Kids)||1,000.00|||1,000.00|||| ||20|Samaritans Purse||1,000.00|||1,000.00|||| ||20|SPTC||0.00|||1,279.00|||| ||20|CADEF SYM||360.00|||360.00|||| ||20|Kintsugi Hope||500.00|||500.00|||| ||20|St. Paul's||5,365.00||||||| ||20|Bible Society||1,000.00||||||| ||||||9,225.00|||4,139.00||| |||||||||||| |40||**THE ORCHARDS LOAN REPAYMENTS**||||||||| ||23|Loan Repayments Principal||||||||| ||23|Loan Repayments Interest|||8,626.08|||7,111.48||| |||||||||||| |41|27|**COMMUNITY ASSIST**|||1,238.18|||1,320.19||| |||||||||||| |42||**TEAM GB SHARED EXPENSES**||||||||| ||29|RectoryDecoration||0.00|||808.47|||| ||29|MMU Service For Families||132.79|||13.03|||| ||29|Christmas Books||0.00|||20.00|||| ||29|General Shared Expenses||219.55||||||| ||||||352.34|||841.50||| |||||||||||| |||**TOTAL UNRESTRICTED EXPENDITURE**|||222,618.83|||188,622.37||| |||||||||||| |||**RESTRICTED EXPENDITURE**|||||||Page 16|| |---|---|---|---|---|---|---|---|---|---|---| |||||||||||| |43||**FUNDS RAISED FOR MISSION/CHARITY**||||||||| |||||||||||| |Refer to|21|Denisa Care Centre(was Hope For Kids)|Donations|3,589.70|||914.00|||| |Restricted|21.2 Denisa Care Centre(was Hope For Kids)||Income Tax|409.93|||141.00|||| |Funds||||3,999.63|||1,055.00|||| |Summary||||||||||| ||21|Samaritans Purse|Donations|780.00|||385.00|||| ||21.4 Samaritans Purse - Income Tax Recover||eIncome Tax|151.25|||96.25|||| |||||931.25|||481.25|||| |||||||||||| ||21|SPTC|Donations|0.00|||655.00|||| ||21.6 SPTC - Income Tax Recovered||Income Tax|0.00|||96.25|||| |||||0.00|||751.25|||| |||||||||||| ||21|Little Edi|Donations|510.00|||235.00|||| ||21.8 Little Edi - Income Tax Recovered||Income Tax|127.50|||35.00|||| |||||637.50|||270.00|||| |||||||||||| ||21|Ukraine Families at Denisa|Donations|45.00||||||| ||21.10 Ukraine Families at Denisa - Income Ta||Income Tax|133.75||||||| |||||178.75|||0.00|||| |||||||||||| ||21|Bible Society|Donations|1,008.00||||||| ||21.12 Bible Society- Income Tax Recovered||Income Tax|194.50||||||| |||||1,202.50|||0.00|||| |||||||||||| ||||||6,949.63|||2,557.50||| |||||||||||| |44||**THE ORCHARDS PURCHASE FUND**||||||||| |Refer to|22|Purchase Cost||0.00|||0.00|||| |Restricted|22|Purchase Fees||0.00|||0.00|||| |Funds|22|Fund RaisingEvents Costs||0.00||||||| |Summary|||||0.00|||0.00||| |||||||||||| |45||**THE ORCHARDS REFURBISHMENT FUND**||||||||| |Refer to|24|Refurbishment Works||48,858.14|||57,060.86|||| |Restricted|24|Refurbishment Fees||0.00|||0.00|||| |Funds|||||48,858.14|||57,060.86||| |Summary||||||||||| |||**TOTAL RESTRICTED EXPENDITURE**|||55,807.77|||59,618.36||| |||||||||||| |||**BALANCE SHEET**|||||||Page 17|| |---|---|---|---|---|---|---|---|---|---|---| |||||||||||| |||**TANGIBLE FIXED ASSETS**||||||||| |46||The Parade is held on a long lease and, as a dedicated building that is used for Church purposes, its leasehold value
is not included in these accounts. Its insurance value in 2016 was £1,100,000.
The Orchards was purchased from Essex County Council (ECC) on 16 September 2020 for the sum of £650,000,
with a further £12,080 incurred in legal fees. Although the Diocese is the custodian tustee holding the deeds, the
purchase price plus fees has been added as a fixed asset on to the balance sheet, as Meadgate Church has taken
out a loan for £260,000 from The Diocese to finance the purchase and has yet to repay the loan.
The loan is for 20 years at an interest rate of 2.5% above base. The monthly repayments commenced on the 1st
October 2020, beginning at £1,390.45, and increased to £1,733.14 from January 2023 onwards.
It should also be noted that under the terms of the sale and purchase agreement with ECC, should The Orchards be
sold within eighty years of its acquisition by Meadgate Church, then 50% of any resulting profit will be payable to
ECC.
It should also be noted that the PCC made twelve monthly repayments in 2022, and an additional loan repayment
of £12,271 in September 2022, drawing down on the Reserve Fund. This additional repayment is reflected in the
2022 repayments shown in the table below.||||||||| |||||||||||| |||**Loan Repayments:**||||||||| ||||Principal|Interest|Total|||||| |||2020 repayments|2,487|1,685|4,171|||||| |||2021 repayments|10,964|7,111|18,076|||||| |||2022 repayments|20,330|8,626|28,956|||||| |||2023 repayments|7,427|13,371|20,798|||||| |||Repayments beyond 2023|218,792|127,834|346,626|||||| |||Total|260,000|158,628|418,628|||||| |||||||||||| |||**The Orchards Net Asset Value:**||||||||| |||Purchase Price(incl fees)|662,080|||||||| |||Loan|-260,000|||||||| |||Repayments to 31 Dec 2022|33,781|||||||| |||Net Asset Value,31 Dec 2022|435,862|||||||| |||||||||||| |||||||||||| |||||||||||| |47||**STAFF COSTS**||||||||| |||||||||||| |||Wages and salaries||60,972.43|||53,487.71|||| |||Pension costs||507.13|||488.45|||| ||||||61,479.56|||53,976.16||| |||||||||||| |||The Church employed a youth minister, a part time administrator, a part time community worker, two catering
outreach managers on a job share, and two part-time catering assistants on a job share. The average number of
FTE(full time equivalent)staff was 3.0.||||||||| |||||||||||| |48||**DEBTORS**||||||||| |||Gift Aid,General Fund||5,773.86|||6,269.34|||| |||Gift Aid,Restricted Funds||288.75|||223.50|||| |||Other debtors||5,427.16|||2,714.13|||| ||||||11,489.77|||9,206.97||| |||||||||||| |49||**DEPOSIT ACCOUNT**||||||||| |||CCLA|||492.59|||486.20||| |||||||||||| |50||**CURRENT ACCOUNT**||||||||| |||Balance asper statement||67,082.29|||82,007.10|||| |||less cheques notyetpresented||466.33|||275.00|||| |||Balance of Current Account as at 31/12/2022|||67,548.62|||82,282.10||| |||||||||||| |51||**POCKIT CARD**||||||||| |||Openingbalance||774.15|||735.42|||| |||Loading||19,600.00|||10,000.00|||| |||Spend||19,344.80|||9,961.27|||| |||Closingbalance|||1,029.35|||774.15||| |||||||||||| |52||**YOUTH ACCOUNT**|||||||Page 18|| |---|---|---|---|---|---|---|---|---|---|---| |||Openingbalance||235.00|||462.71|||| |||Income||920.10|||1,250.25|||| |||Expenditure||711.86|||1,477.96|||| |||Closingbalance|||443.24|||235.00||| |||||||||||| |53||**CAMEO ACCOUNT**||||||||| |||Openingbalance||0.00|||197.70|||| |||Income||1,000.00|||0.00|||| |||Expenditure||0.00|||197.70|||| |||Closingbalance|||1,000.00|||0.00||| |||||||||||| |54||**CREDITORS AND ACCRUED EXPENSES**||||||||| |||Funds raised for missions/charities||778.75|||1,018.50|||| |||Other creditors and accruals||6,507.56|||14,265.41|||| ||||||7,286.31|||15,283.91||| |||||||||||| |55||**ANALYSIS OF GIFTS TO MISSIONS/ CHARITIES**||||||||| |||Payments in theyear includingbothgivingfrom the General Fund and donations bychurch members:||||||||| ||||Overseas
Mission|Overseas
Relief|Home
Societies||Total|2021||| |||CADEF|||360.00||360.00|360.00||| |||Hope For Kids||5,178.38|||5,178.38|2,055.00||| |||St Paul's Theological College|||||0.00|2,030.25||| |||Samaritans Purse||1,931.25|||1,931.25|1,481.25||| |||Bible Society|2202.50||||2,202.50|||| |||Kintsugi Hope|||500.00||500.00|500.00||| |||Little Edi|||637.50||637.50|270.00||| |||St. Paul's Great Baddow|||5,365.00||5,365.00|||| ||||2,202.50|7,109.63|6,862.50||16,174.63|6,696.50||| |||||||||||| |||||||||||| |56||**PAYMENTS TO TRUSTEES AND RELATED PARTIES**||||||||| |||The Rev. Canon Tim Ball, chair of the trustees, received reimbursement of expenses (see note 20). Tim Ball's wife,
Mrs Anita Ball, and their daughter, Evie Ball, have both undertaken paid work in the Cafe. Evie Ball took up the
paidpost of Youth Minister in January2021.||||||||| |||||||||||| |||Mr Jason Smart holds the paid post of Café Manager and is also a trustee. Jason Smart's wife, Mrs Sue Smart, has
undertakenpaid work in the Café.||||||||| |||||||||||| |||Mrs Ros Coleridge,a trustee,has undertakenpaid work in the Café.||||||||| |||||||||||| |||Mrs Pat Kennett,the wife of trustee Mr John Kennett,holds thepaidpost of Administrator.||||||||| |||||||||||| |||Mr David Belbin was the Treasurer until August 2018, and was also a trustee until April 2019, and was reappointed
as a trustee in May 2022. The accountancy practice, of which Mr Belbin is a partner, provides payroll services for
Meadgate Church. The invoices for these payroll services are settled by Mr Belbin from his own personal funds, as
a gift toMeadgate Church.||||||||| |||||||||||Page 19| |---|---|---|---|---|---|---|---|---|---|---| |57||**FUNDS TRANSFER**||||||||| |||Transfer Description|General|Café|Reserve||Orchards
Purchase|Orchards
Refurb|Cmnty
Garden|Creative
Hands| |||Transfer of net proceeds from
Triumvirate (Night of Song) Event to the
Orchards Refurb Fund.|-622.75|||||622.75||| |||Transfer of proceeds from sale of
various items through the Café till for
the Orchards Refurb Fund.|-603.10|||||603.10||| |||Transfer of loan principal repayments to
the Orchards Purchase Fund.|-20,330.32|||20,330.32||||| |||Transfer of the cash balance of the
Orchards Purchase Fund to the Reserve
Fund for potential future additional loan
repayments.|||536.38||-536.38|||| |||Transfer of £300 from the GF to the
Gardening Fund.|-300.00||||||300.00|| ||Transfer of 2020 Reserve Fund balance
to General Fund for paying down the
loan
12,271.00
-12,271.00|||||||||| |||Transfer of net proceeds from the Barn
Dance Event to the Orchards Refurb
Fund.|-112.74|||||112.74||| |||Transfer of Christmas Concert net
proceeds to Orchards Refurb Fund|-407.25|||||407.25||| |||Transfer of Creative Hands balance to
Orchards Refurb Fund to leave fund
closingbalance at £0.||||||1,339.72||-1,339.72| |||Transfer of Café fund balance to leave
fund closingbalance at £0.|6,998.16|-6,998.16||||||| |||Transfer of surplus from the General
Fund to the Reserve Fund to leave the
General Fund closing balance the same
as the openingbalance.|-11,294.48||11,294.48|||||| |||Totals|-14,401.48|-6,998.16|-440.14|20,330.32||3,085.56|300.00|-1,339.72|