MINSTER CHURCH OF ST DENYS, WARMINSTER ANNUAL REPORT AND FINANCIAL STATEMENT5 FOR THE YEAR ENDED 31ST DECEMBER 2023
FINANCIAL STAI"IMENTS FOR I HI YEAR INDLD 31ST DICEMBER 2023 RECEIPTS AND PAYMENTS ACCOUNT GENERAL UNRESTRICTED ESIGNATED RE5TRlCtED TOTAL TOTAL Note FtJNDS FUNDS FUND5 1023 2022 RECEIPTS Voluntary Receipt5 Vlanng(l Giving & Bankers Orders Incomp. Tax rp.cove.Tod 24.078 8,649 6,925 1,414 24,078 8.649 6.925 1,414 22,378 9,465 8.lQO 1,871 6,210 5,350 Dnation5 from Wafmin5ter School 12,900 12,900 11,5DO DoTh3tlOD5 loward5 Parish Share Legt¢ies <inJ 8equesis Other Receipts Youlli Group 29,567 138 29.567 138 38 3,241 3,241 I,B52 83,671 3.241 85,912 66,770 ActSvltles for GenÈratlng Funds 9.532 9,532 7,963 Inve5trnent Income 7b 9,350 772 10,122 10,041 Church Activities- Fees 9.233 9,233 6,535 TOTAL RECEIPTS IOPERATINGI 111,786 4,01 115,799 91,309 TOTAL RECEIPTS 111,786 4.013 115.799 91,309 PAYMENTS Church Activities Diocp5an Parish Share Staffing cost5 Iclgyi Org, Adm) Church Running expense5 Mission, Giving and Donatlons 28,355 15,642 40,629 28,355 15,642 40,629 3,788 74.863 12,375 39,253 1,119 3,788 Costs of Generating Fund5 7d 735 Other Reseurces Expended 1.264 185 1.449 2,534 TOTAL PAYMENTS 86,290 3.973 90,263 130.879 EXCESS OF JIECEIPTS OVER PAYMENTS TRANSFERS BETWEEN FUNDS 25,496 40 25,536 139,5701 25,496 25,536 139,5701 BANK ACCOUNT5 AT I JANUAR Y BANK ACCOUNI'S AT 31ST DECEMBER 17,137 112,633 27,934 27,974 45.071 70,607 84.641 45,071
FINAN(.'IAL s-fA-IEMIN'fs FOR I'FIÈ YÈAX kNDLD 31ST DECEMBER Z023 s'rATEMENT OF. ASSETS AND LIABILII'IIS UNREsfRICTED UNRESTRICTED RESTRICTÉD TOTAL TOTAL GENERAL DESIGNATED Note FUNDS FUNtIs FUNOS 2023 2022 CASH FUNDS ljanli Current Accovnts Bank Current Accounts Bank Dep051t Account5 42,633 13,910 14,064 56,543 14,064 31,443 13,628 42,633 27,974 70,607 45,071 Investment 1155et5 at C05t lfvlarket Values included in Note 121 12 32,495 32,495 32,310 32 Church Street- Assets Retained for Church Use 13 11,000 11,000 11,000 Amounts owing from the FeÈs Ac¢ount 500 500 500 LiabilTties-Donations due to other charities 11861 11861 17331 54,133 60,283 114,416 88,148 Approved by the Parochial Church Coun£il on 3nd signed on its behalf by
I I IL IVIIIIJSTER r.i-1ljllLI-I UI.. S'I. DFNYS, WAIIIWINS ri-- FINANCIAL STAI'EMENTS FOR'f14E YEAR ENDED 31ST DECEMBER 2023 NOTES TO THE FINANCIAL STATEMENTS Accounting ljasis The finaiicial statements of the PCC liave hen preparod iii accordance wilh tlie Churr.h Accounting Regiili)tioiis 2006 iisiiig ihe Receipt5 and l)dyments basis. Fixed assets retaiiied for r.liurch use is the pi'ope.rty 22 Church Street, at cost. Thi Wds lorinerly iho parish office although is temporarily ieiited oiit. Funds General Funds General fiinds represent the flind5 of the PCC tliat arp not subject to special restrictions ie£arding thEir I15e and are available. for application to the general purp05e5 of the PCC. I'hese include funds desigiiated for a partiCLJ13r puipose by the PCC. In the year ended 315t December 2015 a designated fund wa5 allocated for Church maintenance and repairs. Restricted Fund5 The Fabric fund 15 the restTlCted fui)d set aside foi. tlie m3111ten31)ce of the Cl)urch structure and related property including all costs in respect of the ongoing heating and insurance of the buildin8. The 22 Church street fund represents funds to be utilised exclusively for ihe maintenance of 22 Church Street. Donations provided for specific puipose5 are treated as restricted funds and accounted for accordingly. This include5 contributions made specifically towards the costs ol the Diocesan Parish Share. Monies held on behalf of the choir are also cla55ified as restricted funds. The accounts include monetary transaction5, a55ets and liabilities for which the PCC can be held responsible. They do not include the 3ccount5 of other Church Groups that owe affiliation to another body, nor thc>se that are informal gatheriTrgs of Churcli Member5. Subject to the above, all receipts and payments include incorne as received and expenditure when irrevocably paid.
THE MINSTER CHURCH OF s'r OLNYS , WARIVIINS'I ER FINANCIAL STA'ff MF.N'I'S FOR'I'HE YEAFI ENDED 31s'r DECEMBER 2023 NOTE5 TO THE FINANCIAL 5TAI'EMENTS Statement ol Assets and Liabllities The fallowing assets are recagni5ed, but not neceSSririly valued in the StateTMent of Assets and Moveablp r.liiirLh furni5hing5 lield l)y the church wardens on specièl trust for the. PCC, and which require a faculty for disposal Land dnd Buildings lield (>n behalf of the PCC Other fixtui'e5. fitlings and off ice Lquipment where the. PCC is free to dispose of sur.h assets without faculty Investment5 lield beneficially by the PCC The Brodribb Tomb The BrDdribb Tomb investments are managed and maintained separately by the Vicar and the Chuichwardens lor the benefit of tlie Imaintensnce of tlie Brodribb Tomb and, as sucli are not included within these financial statements. Iii addition to tlie bank accounts rind inve5tnients includ2d in the financial statements Df the Minsler Church of St Deny5 are tlie lollowiiig in iespect of tlie above'.- Lloyds Account 07080785 CCLA Church of England Investm&nt Fund Account 7764760015 in which 103 shares are held and on which income is paid quarterly into the above Lloyds Account 07080785 other Accounts Administered by the Chuyth Warden A separate bank acCont (called the Fees Account for the Beneficel held with CAF Bank under reference 00016144 is maintained by the Church Warden in respect of monies received for various occasional offices. Thi5 money is not however part of the funds of the MnSter Church of St Deny5 and as such is excluded for the financial st3tements.
T14E MINSTER CFIURCFI OF ST DENYS, WARMINSTIR FINANCIAL STATEMEN-1£ FOR TIqE VEAR ENDED 31ST DELIMBER 2023 NOTES TO THE FINANCIAL STATEMENTS FURTHER ANALYSIS OF RECEIPTS AND PAYMENTS ACCOUNTS GENERAL UNRE5TIiICTED RESTRIED FUNDS TOTAL TOTAL FUNDS 2022 RECEIPTS Activitle5 for GeneratinE Fund Fetes and B31aar5 7,629 493 7,61.9 493 5.700 27 Pari511 Magazine receipts Ma8aiino Advertixing USÈ 01 ChiirchlWe5t End misc.ellaneous Income P3rlsh Weekend 370 37U 115 990 990 1,247 474 50 50 9,532 9,532 7.963 bl InvestmÈnt IncomE 22 Chiirth Street RÈnl'als Bank Intere5l CCLA inve51menl income Proceed5 froin sale of inve5tweiit 9,350 9,35 587 9,666 196 185 79 9,350 772 10,122 10,041
TFIE MINSTEII CHUI<CI I OF S-I I)ENVS, WAIIMINS"I"fR F5NANCIAL S'I'A-I'EMENT5 FOR'fi-IE VEAR INDID 31s'r DFCEIMBER 2023 NOTES TO TFIE FINANCIAL STATEMENTS FURTHER ANALYSIS OF RECEIPTS AND PAYMENTS ACCOUNTS ICONTINUEDI GENERAL UNRESTFIICTED RESTRICTED TOTAI TOTAL FUNDS FUNDS 2023 2022 PAVMENTS chrCh Runiiing ExpÈnsos utllities Water 225 225 133 2,672 1,695 1,313 I,ioo 1,932 2,672 1.695 1,313 j.ioo 1,932 1,49 1 1,199 48 Upkeep of Service5 Service leallet5/ciiurth LilerBture Accounts l.ees General Repair5 and Maintenance 2,626 1.650 Goneral Parish Ex Èftditure Clergy e¥penses Payl to Administrator /or6anist C3r Park Rent and Gra55 Cutting 3,401 15,642 3.401 15,642 5,702 12,375 184 18LI 281 Music LiEence and Choir Miscellaneou5 P.XPn5eS Yuuth Fund Expen5e5 Parish Weekend Bank Charge5 63B 638 627 1,283 1,354 190 190 231 Office Administration Ex Office Expeiises- Telephone Office Expen5es- Stationery Ollice Expenses- photocopyine Office EXpenS5- Advortising General Petty Ca5hlPo5ta£e en5es 1,386 598 1,386 598 1.269 280 2,826 623 2.826 623 3,341 96 94 94 128 Church Fabric Ex en5e5 Work on rhe Bells Repair5 3Dd Maintenance Churcl) Insurance 5,685 8.216 4,713 1,608 5,685 8,216 4,713 1,608 3,526 7,793 5,533 996 Heating Qil Organ Servicing Bank Charges Miscellaneou5 Expenses Architect's Fees Sound System 247 247 943 56.271 56.271 51,628
T14E IVIINSTÈR CHURCH OF ST DFNYS, INIKRMINSTER FINANCIAL s'fATEMEN-rs IOR TFIE YEAR ENDFD 31ST DECIMBER 2023 NOTES TO THE FINANCIALSTATEMENTS FURTHER ANALYSIS OF RECEIPTS AND PAYMENTS ACCOUNTS ICONTINUEDI GENERAL UNRE%fHICTÈD RESTRICTED FUNDS TO'fAL TOTAL 2023 2022 PAYMEWTS dl Cost o* Generating funds FetQ5 aiid Bzzaar expenses 400 400 735 400 400 735 Other Resources Expended 22 Church Street 22 cl)urch Street Insurance Payme.nt to the Fees Account Purchase ol Investments 929 929 1,545 310 335 335 500 185 185 179 1,264 185 1,449 2,534 ANALYSIS OF BANK ACCOUNTS TOTALS TOTALS 2023 Z022 Lloyds Current account 0124930 CAF Gold A/c-00091818 CAF Cash Alc 0015105 18,849 3,051 37,690 28,389 CCLA Deposit Fund 634158002D CCLA Deposit Fund 634158001D Iloyds Alc 07080688 14,064 13,627 70,607 45,071 9 COMMITMENTS UNDER OPERATING LEASES There were no committments under operating lease5 as at 31st December 2023.
I-HE MINS-fER CHURCH 01-. SI DENYS, WARIMINSTER FINANCIAL STATEMENTS FOR I-HE YEAR ENDED 31ST DICEWIBIR 2023 NOTES TO THE FINANCIAL STATEMENI-S 10 ANALYSIS OF FUNDS FABRIC FUND TOTALS TOTALS 2023 2022 Balance Blfwd 57,778 57,403 RECEIPTS Other DonatlOn5 A3nk interest 587 196 Other Incoime from Iiivestments Profil on szle of investment 185 179 58,550 PAYMENTS Repairs Bank Charges Balance c/fwd 58,SS0 57.778
THE MINS'I-ER CFIURCH or s-r i)ENYS, WAftMINS-i FR FINANCIAL S-I-ATEMENTS FOR-I-HE YLAR ENDED 31ST DECEMBfR 2023 NOTES TO THE FINANCIALSTATFMENTS 10 ANALYSIS OF FUNDS Icontinuedl 2023 2022 CHOIR FUND Elalanie 8/fwd Rccpipt5 in tlie year Paympnts Balance c/fwd 447 447 447 447 YOUTH GROUP FUWD Balance B/fwd Receipts lor rhp ye3r Payments made 8allin clfwd 1286 1286 1286 1286 BELL FUND Balance Blfwd Beque5tlDonations in the year Paympnts made. B31ance clfwd 15,3501 5,350 TOTAL RESTRICTED FUNDS 60,283 59,511 11 INCOME TAX RECOVERABLE As at 315t Decembei 2023 thero wa5 income tax recoverable on donations received in the year. This incom2 tax is anticipated to be in the reglon of 8,500.
I'I-IF IWINS I Ell CI IUIICH OF ST r)F.NYS, WARMIN5-fEII FSNANCIAL STAI"ÈMEN'I'S FOH TIIE YE.AR ENDED 31ST DECEMBER 2022 NO'IE5'fo TFIE r.INANCIAI. STATF.MENT% 12 ANALY515 OF INVESTMENTS CHANCEL AND CHURCHY FABRIC I INCLIJDED IN FABRIC FUNDI Number of 5113rEs Cost A5 at 1st Jdnuary 2023 296.06 3,186 rjividends reiDve5ted 8.55 185 Share5 sold As at 31st December 2023 304.61 3,371 The above investments 3re held by the Salisbury Diocesan B08rd of Finance and the Cenira1 Board of Finance a5 triistee lor the PCC. They Hre hEld in hccordance with the terms of the particulgr trust investment. Valuation Valuation 3111212023 3111212022 Chancel Fund 134001567S 6,8X5.75 6,112.43 3,371 FABRIC FUND Accumulation Fund ShaTes- Fabric Fund 634158001J A5 at 1st January 2023 Movements in the year As 8t 31st December 2023 2.469.61 29,124 2,469.61 29,124 This fund wa5 valued at £137,462.69 35 at 31st Deiernber 202312022.'E130.909.581 TOTAI cosrs AS AT 31ST DECEMBER 2022 32.495 13 ASSETS RETAINED FOR CHURCH USE Thls asset re13tes to the L05t of 22 Chijrch Street.