| Annual Report |
Annual Report |
|
|---|---|---|
| 1. | Aims and purposes | |
| 2. | Objectives and Activities | |
| 3. | Achievements and Performance |
3-6 |
| 4. | Financial Review | 6-8 |
| 5. | Volunteers | |
| 6. | Future Plans | |
| 7. | Administrative information |
8-9 |
| S. | Structure, Governance and Management |
9-10 |
| Financial Statements | ||
| Independent Examiner's Report |
12 | |
| Statement of Financial Activities | 13 | |
| Balance Sheet as at 31December 2022 | 14 | |
| Notes | to the Financial Statements | 15-22 |
| visitor and postal address | visitor and postal address | visitor and postal address | visitor and postal address | is | The Parish | The Parish | Office, The Parish l-lail, St Michael |
Office, The Parish l-lail, St Michael |
and | and | All Angels' | All Angels' | Church, | Bassett | Bassett | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Avenue, | Southampton, | Hampshire | SO16 | 7FD. Our Registered charity number |
is | 1175931. | ||||||||||
| The PCC | met on six occasions | in 2022. | ||||||||||||||
| PCC Members | and Deanery | Synod | Representatives are elected for a term |
of | three | years, unless replacing | a | |||||||||
| member | who | has retired | part-way | through their term of office. |
PCC members | who have | served | in 2022 | ||||||||
| are:- | ||||||||||||||||
| CHAIR | Revd. Sheena Williams | |||||||||||||||
| CLERGY | Canon Rogelio Prieto | |||||||||||||||
| Canon Norman Boakes |
||||||||||||||||
| Revd. Jono Harvey (until February |
2022) | |||||||||||||||
| Revd. Sarah Archer | ||||||||||||||||
| CHURCH | WARDENS | Roger Baker | ||||||||||||||
| DEANERY SYNOD REPRESENTATIVES | Samantha Jordan (ex officio) |
|||||||||||||||
| Alan Logan (2023) | ||||||||||||||||
| Wayne Irish (2023) |
||||||||||||||||
| MEMBERS OF PCC | Alison Ball (Safeguarding | officer) | (2025) | |||||||||||||
| Roderick Anderson (Vice |
Chair) (2025) | |||||||||||||||
| Shaun Jordan (Treasurer)(2025) | ||||||||||||||||
| Robin Robsnn (7075) | ||||||||||||||||
| Hazel Anderson (2023) |
||||||||||||||||
| Philip Clarke (2023) | ||||||||||||||||
| Andy Carmichael (2024) |
||||||||||||||||
| Lynne Smith (Secretary) | (2024) | |||||||||||||||
| Keenan Cronyn (2024) | ||||||||||||||||
| Sarah Kuzan (2024) |
||||||||||||||||
| MEMBERS CO-OPTED | Alexandra Babbage |
|||||||||||||||
| Sandra Berry |
Financial Statements li
| Unrestricted | Restricted | Endowment | Total | Total | ||||
|---|---|---|---|---|---|---|---|---|
| Funds | Funds | Funds | 2022 | 2021 | ||||
| Note | E | f | E | E | 5 | |||
| INCOME AND ENDOWMENTS | ||||||||
| Donations and legacies |
2(a) | 98,521 | 25,102 | 123,623 | 110,926 | |||
| Income from charitable | activities | 2(b) | 3,589 | 230 | 3,819 | 8,366 | ||
| Other | 2(&) | 13,191 | 13,191 | 7,009 | ||||
| Investments | 2(d) | 18,987 | 1,976 | 20,963 | 23,303 | |||
| TOTAL INCOME | 134,288 | 27,308 | 161496 | 149604 | ||||
| Expenditure on; |
||||||||
| Charitable activities |
3(a) | lab,aso | 7,703 | 153,$39 | J19922 | |||
| Raising Funds | 3(b) | 28,126 | 28,126 | 2,557 | ||||
| TOTAL EXPENDITURE | 173,962 | 7,703 | 181,665 | 122,479 | ||||
| NET INCOME/(EXPENDITURE) | before investment | (39,674) | 19,605 | (20,069) | 27125 | |||
| losses/gains | ||||||||
| NET (LOSSES)/GAINS ON INVESTMENTS | (7,986) | (9,602) | (17588) | 18,845 | ||||
| Transfers in between |
funds | 33,049 | 5,662 | 3$,711 | 25,031 | |||
| Transfers out between | funds | (10,512) | (28,199) | (38,711) | (25,031/ | |||
| NET MOVEMENT IN FUNDS |
(17,137) | (10,918) | (9~602) | (37657) | 45970 | |||
| Funds brought forward at1January 2022 | 1$9,414 | 174,888 | 81,919 | 446,221 | 400,251. | |||
| Funds carried forward at 31 | December 2022 | 172,277 | 163,970 | 7Z317 | 408,564 | 446,221 | ||
| The notes on pages 15to 22 | form part ofthese | accounts. |
| 202Z | 2021 | ||||
|---|---|---|---|---|---|
| Note | 6 | ||||
| Fixed Assets | |||||
| Tangible assets | 8 | 36,662 | 20,698 | ||
| investmems | 8 | 132+67 | 150,056 | ||
| 169,129 | 170,754 | ||||
| Current Assets | |||||
| Debtors and prepayments | 9 | 6,685 | 6,366 | ||
| Short term deposits | 1 | 298~6 | 241,580 | ||
| Cash at bank and | in | hand | 1 | 44,865 | 30,400 |
| 249,996 | 278,346 | ||||
| LIABILITIES | |||||
| Creditors: amounts | falling due within one year | 10 | (10,561) | (2,879) | |
| NET CURRENT ASSETS | 239,435 | 275,467 | |||
| TOTAL ASSETS LESSCURRENT LIABILITIES | 408,564 | 446,221 | |||
| Creditors: amounts | falling due after one year | 10 | |||
| TOTAL NETASSETS | 408,564 | 446,221 | |||
| PARISH FUNDS | |||||
| Unrestricted | 12 | 172,277 | 189,414 | ||
| Restricted | 12 | 163,970 | 174,888 | ||
| Endowment | 12 | 72,317 | 81,919 | ||
| 408,564 | 446,221 |
| 2. | INCOME | AND ENDOWMENTS | AND ENDOWMENTS | AND ENDOWMENTS | ||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Endowment | Z022 | 2021 | ||||||
| E | 6 | 6 | 6 | 6 | ||||||
| 2(a) | Voluntary income Planned giving Donations ILCollections |
77.,370 6,399 |
a,cat 3,665 |
76.911 102I64 |
79.959 5,489 |
|||||
| Tax recoverable | 15,974 | 1,000 | 16,974 | 18,698 | ||||||
| Other | 1,383 | 201 | 2484 | 64 | ||||||
| Grants | 2,395 | 1,000 | 3395 | 4266 | ||||||
| Legacies | 14,695 | 14,695 | 2,450 | |||||||
| 98,521 | 25,102 | 123623 | 110926 | |||||||
| 2(b) | Income Fees for |
from church activities weddings and funerals |
3,589 | 3,589 | 3590 | |||||
| Other | 230 | 230 | 4776 | |||||||
| 3489 | 230 | 3819 | 8366 | |||||||
| 2(c) | Activities for generating Fun dra ising events |
funds | 40 | |||||||
| Hall and Other |
Church | lettings - community | use | 13,186 5 |
13,186 5 |
6854 115 |
||||
| 13,191 | 13191 | 7009 | ||||||||
| 2(d) | Income from investments Dividends |
2,339 | 1,976 | 4,315 | 4185 | |||||
| Rent | 14,075 | 14,075 | 19028 | |||||||
| Interest | 2,573 | 2,573 | 90 | |||||||
| 18,987 | 1,976 | 20963 | 23303 | |||||||
| Totalincome | 134,2 | 27,308 | 161596 | 14 |
| Unrestricted | Restricted | Endowment | 2022 | 2021 | |||||
|---|---|---|---|---|---|---|---|---|---|
| f | 1 | E | 1 | E | |||||
| 3(a) | Church activities | ||||||||
| Missionary | and charitable | giving: | |||||||
| -International | 1,800 | 1800 | 6,761 | ||||||
| -UK | 1,825 | 1825 | 1525 | ||||||
| 3,625 | 3625 | 8286 | |||||||
| Diocesan Common | Mission | Fund | 58,032 | 58032 | 44645 | ||||
| Parish Mission | 1,422 | 1,057 | 2479 | 2224 | |||||
| Clergy and | stafling | 26,212 | 1,546 | 27758 | 20814 | ||||
| Churches: | running | costs | 36,555 | 4,612 | 41167 | 25771 | |||
| Churches: | major repairs & | decoration | 7,850 | 483 | 8333 | 6531 | |||
| Depreciation | 4,614 | 4614 | 4614 | ||||||
| Parish hall: | running | costs | 4,774 | 4774 | 4325 | ||||
| Parish hall: | major repairs &decoration | ||||||||
| Parish Office: administration | 2,752 | 2757 | 2712 | ||||||
| 145,836 | 7,703 | 153539 | 119922 | ||||||
| 3(b) | Raising funds | ||||||||
| Stewardship | costs | ||||||||
| Fundraising | events | ||||||||
| Other PCC | Property | costs | 28,082 | 28082 | 2553 | ||||
| 28,126 | 28126 | 2557 | |||||||
| Total resources expended |
| Unrestricted | Unrestricted | Restricted | ||||
|---|---|---|---|---|---|---|
| Flem | To | From | To | |||
| From | General Fund to 0 Fabric (Provision for repairs] |
(9,500) | 9,500 | |||
| From | R-SMG to R-PD (Merger of Funds) | (5,545) | 5,545 | |||
| From | R-PD to General Fund (for Sacristy Kitchen) |
2,760 | (2,760) | |||
| From | R-SMMA to D-FA (Piano Part) | 4,002 | (4,002) | |||
| From | R-BBMto D-FA (Piano Part) | 12,998 | (12,998) | |||
| From | R-AS to D-FA (AS Chairs Part) | 2,684 | (2,684) | |||
| From | D-PD to D-FA (AS Chairs Part) | (895) | 895 | |||
| From | D-PD to R-AS (AS Chairs Balance) | (117) | 117 | |||
| From | R-NSP to GF (Adjustment for SOW Costs) |
210 | (210) | |||
| (10,512) | 33049 | (28,199) | 5662 |
| Unrestricted | Restricted | Endowment | Total | |||||
|---|---|---|---|---|---|---|---|---|
| Funds | Funds | Funds | 2022 | |||||
| 8. | Fixed assets | E | E | 6 | E | |||
| Property | ||||||||
| Old All Saints - nominal | value 11 | 1 | 1 | |||||
| Parish Hall —cost PCC |
Minutes 24Jun1956 | 6,173 | 6,173 | |||||
| AR Saints Lodge-cost | Finance Minutes ZMar1963 | 3,247 | 3,247 | |||||
| Fixtures, fittings and | equipment | 9,421 | 9,421 | |||||
| Cost brought | forward | 23,072 | 23,072 | |||||
| Additions at |
cost | 20,578 | 20,578 | |||||
| Disposals at | cost | |||||||
| Cost carried | forward | 43,650 | 43,650 | |||||
| Depreciation | brought | forward | 11,795 | 11,795 | ||||
| Depreciation | on disposals | |||||||
| Depreciation | for year | 4,614 | 4,614 | |||||
| Depreciation | carried forward | 16,409 | 16~9 | |||||
| Net book value at31December 2022 | 36,662 | 36,662 | ||||||
| Net book value at31December 2021 | 20,698 | 20,698 | ||||||
| Investments | ||||||||
| Investment portfolios: |
||||||||
| Market value | at 1January 2022 | 68,136 | 81,920 | 150,056 | ||||
| Plus additions | ||||||||
| Revaluation deficit Market value at 31December 2022 |
(7,986) 60,150 |
(9,602) 72,318 |
(17,588) 132,467 |
|||||
| 9. | CURRENTASSETS | |||||||
| Debtors | ||||||||
| Debtors | 2,055 | Z,055 | ||||||
| Tax recoverable | 2,040 | 77 | 2,117 | |||||
| Prepayments | and accrued income | 2,513 | 2,513 | |||||
| 6,608 | 77 | 6,685 |
| Unrestricted | Restricted | Endowment | Total | Total | |||
|---|---|---|---|---|---|---|---|
| Funds | Funds | Funds | 2022 | 2021 | |||
| E | E | 6 | 6 | E | |||
| 10. | LIABIUTIES | ||||||
| I.iabilities falling due | within one year | ||||||
| Creditors - outstanding | accounts payable | (8,430) | (6,430) | (2,450) | |||
| Accruals | (771) | (771) | (120) | ||||
| PAVE outstanding | (309) | ||||||
| Deferred income | (1,360) | (1,360) | |||||
| (10,661) | (10,561) | (2,B79) |
| Balance at31Decem | ber 2022 | 172,Z77 | 163,970 | 72,317 | 408,564 | |
| SUMMARY OFASSETS BYFUND | ||||||
| Unrestricted | Restricted | Endowment | TOTAL | |||
| E | E | 6 | ||||
| Tangible fixed assets |
36,662 | 36,662 | ||||
| Investments | 60,150 | 72,318 | 132,467 | |||
| Current assets | 6,608 | 77 | 6,685 | |||
| Liabilitiau | ||||||
| Amounts falling due |
in one year | -10,561 | -10,561 | |||
| Amounts falling due |
after one year | |||||
| Balance at31December 2022 | 32,709 | 60,227 | 72,318 | 165,253 | ||
| DETAILED FUND MOVEMENTS | ||||||
| 8/Fwd | Incoming | Outgoing | Transfers | Balance | ||
| Unrestricted: | resources | resources | &Inv gains | 31Dec 2022 | ||
| General | 38,258 | 134,288 | -136,739 | -6,530 | 29477 | |
| Fixed Assets (Designated) Fabric(Designated) |
20,698 47,469 |
-4,614 -29,771 |
20,579 9,500 |
36,663 27,198 |
||
| Par'ish Development | (Designated) | 82,989 | -2,838 | -1,012 | 79,139 | |
| Restricted: | ||||||
| Barbara Black Legacy North 5toneham Park |
71,718 18,425 |
1,976 | -1,200 -2,108 |
-20,984 210 |
51,510 16,107 |
|
| Parish Development St Michael's Guild |
117,606 5,045 |
14,695 500 |
-1,131 | 2,785 -5,545 |
133,955 | |
| St Michael's Music Association St Nicolas Fabric |
6,351 -44,257 |
4,998 2,176 |
-3,164 -100 |
-4,002 | 4,183 42,281 |
|
| All Saints | 2,963 | -2,567 | 396 | |||
| Endowment: | ||||||
| StNicolas Lodge | 81,919 | -9,602 | 72,317 | |||
| Balance at 31December 2022 | 446,221 | 161,596 | -181,665 | -17,588 | 408,564 |