ST ANSELM’S CHURCH BELMONT
End of Year Financial Statements
Year ending 31 DECEMBER 2022
Page 1
ST ANSELM’S CHURCH BELMONT
Financial Statements of Accounts for the year ending 31 December 2022
Receipts and Payments Account
| General Designated Restricted Total Prior year funds funds funds funds total funds |
|
|---|---|
| Receipts Planned giving Collections and other giving Other voluntary receipts Gift Aid recovered Other receipts Activities for generating funds Investment Income Receipts from church activities Memories Cafe Total receipts Payments Cost of generating funds Missionary and Charitable Giving Parish Share Clergy and Staffing costs Church Running Expenses Hall Running Costs Church Repairs & Maintenance Hall Repairs & Maintenance New Building work Governance Costs Memories Cafe Running Costs of 116 Total payments Surplus for the year Transfers Gross transfers between funds - in Gross transfers between funds - out Excess of receipts over payments before other gains / losses Net movement in funds after transfers Total funds brought forward Total funds carried forward Represented by Unrestricted General fund Designated Breathe Retreat Church Running Costs Discipleship Memories Cafe Mission Action Plan Music Tuition |
37,848 — — 37,848 41,525 5,956 — — 5,956 1,645 7,960 — — 7,960 12,482 10,955 — — 10,955 10,765 — — — — — 1,400 — — 1,400 — 15,401 20 10 15,432 16,001 17,119 — — 17,119 15,625 — — — — — |
| 96,640 20 10 96,672 98,044 828 — — 828 (500) 63 — — 63 — 54,000 — — 54,000 48,000 5,311 — — 5,311 4,842 24,926 — — 24,926 25,510 6,353 — — 6,353 5,569 — — — — — 57 — — 57 566 — — — — — — — — — — — — — — — 2,291 — — 2,291 3,156 |
|
| 93,832 — — 93,832 87,145 |
|
| 2,808 20 10 2,839 10,899 — — — — — — — — — — |
|
| 2,808 20 10 2,839 10,899 |
|
| 2,808 20 10 2,839 10,899 |
|
| 502,666 10,875 7 513,549 502,649 |
|
| 505,475 10,895 18 516,389 513,549 505,475 — — 505,475 502,666 — — — — — — 8,053 — 8,053 8,038 — 0 — 0 0 — — — — — — 825 — 825 824 — 2,016 — 2,016 2,012 |
Page 2
| Restricted | |||||
|---|---|---|---|---|---|
| Agency collection | — | — | — | — | — |
| Ghanian School Project | — | — | 10 | 10 | 7 |
| Memories Cafe | — | — | — | — | — |
| Organ Fund | — | — | 7 | 7 | 0 |
| Balance sheet |
| Class and code Description |
This year Last year |
|---|---|
| Fixed assets 6602 116 Uppingham Avenue Total Fixed assets Current assets 6501 Bank current account 6505 Bank deposit account 6506 HSBC Interest Account 6507 Friends of St Anselms 6590 Cash in hand 6595 Petty Cash Total Current assets Liabilities 6601 Loans received 6603 Deposit on 116 Uppingham 6604 Hall Deposits 6699 Agency collections Total Liabilities Net Asset surplus(deficit) Reserves Excess / (deficit) to date Z01 Starting balances Z02 Other gains/(losses) Total Reserves Represented by funds Unrestricted Designated Restricted Endowment Total |
475,000 475,000 |
| 475,000 475,000 24,258 21,917 — — 16,941 16,909 415 588 955 171 50 50 |
|
| 42,622 39,636 — — 850 850 100 100 283 137 |
|
| 1,233 1,087 |
|
| 516,389 513,549 |
|
| 2,839 10,899 513,549 502,649 — — |
|
| 516,389 513,549 505,475 502,666 10,895 10,875 18 7 — — |
|
| 516,389 513,549 |
Fund movement by type
| Opening Incoming Outgoing Transfers Gains/losses JournalsClosing | |
|---|---|
| Disciple - Discipleship Designated Sub-total for Disciple Ghana - Ghanian School Proje Restricted Sub-total for Ghana MAP - Mission Action Plan Designated Sub-total for MAP |
0 — — — — — 0 |
| 0 — — — — — 0 7 3 — — — — 10 |
|
| 7 3 — — — — 10 824 0 — — — — 825 |
|
| 824 0 — — — — 825 |
Page 3
| Music - Music Tuition | |||||||
|---|---|---|---|---|---|---|---|
| Designated | 2,012 | 3 | — | — | — | — | 2,016 |
| Sub-total for Music | 2,012 | 3 | — | — | — | — | 2,016 |
| Organ - Organ Fund | |||||||
| Restricted | 0 | 7 | — | — | — | — | 7 |
| Sub-total for Organ | 0 | 7 | — | — | — | — | 7 |
| Running - Church Running Costs | |||||||
| Designated | 8,038 | 15 | — | — | — | — | 8,053 |
| Sub-total for Running | 8,038 | 15 | — | — | — | — | 8,053 |
| General - General fund | |||||||
| Unrestricted | 502,666 | 96,640 | 93,832 | — | — | — | 505,475 |
| Sub-total for General | 502,666 | 96,640 | 93,832 | — | — | — | 505,475 |
| Grand total | 513,549 | 96,672 | 93,832 | — | — | — | 516,389 |
| Analysis of receipts and payments | |||||||
| Total | |||||||
| Unrestricted | Designated | Restricted | Endowment | This |
year | Last year | |
| INCOME AND ENDOWMENTS | |||||||
| Planned giving | |||||||
| Gift Aid - Bank | 37,758 | — | — | — | 37,758 | 39,665 | |
| Gift Aid - Envelopes | 80 | — | — | — | 80 | 1,860 | |
| Other planned giving | 10 | — | — | — | 10 | — | |
| Total | 37,848 | — | — | — | 37,848 | 41,525 | |
| Collections and other giving | |||||||
| Loose plate collections | 12 | — | — | — | 12 | 50 | |
| Regular gift days | — | — | — | — | — | — | |
| One-off Gift Aid gifts | 5,944 | — | — | — | 5,944 | 1,595 | |
| Total | 5,956 | — | — | — | 5,956 | 1,645 | |
| Other voluntary receipts | |||||||
| Giving through church boxes | 22 | — | — | — | 22 | — | |
| Gifts of quoted securities | — | — | — | — | — | — | |
| Donations appeals etc | 5,296 | — | — | — | 5,296 | 6,982 | |
| Legacies | — | — | — | — | — | 5,500 | |
| Recurring grants | — | — | — | — | — | — | |
| Non-recurring one-off grants | 2,641 | — | — | — | 2,641 | — | |
| Total | 7,960 | — | — | — | 7,960 | 12,482 | |
| Gift Aid recovered | |||||||
| Tax recoverable on Gift Aid | 10,955 | — | — | — | 10,955 | 10,765 | |
| Total | 10,955 | — | — | — | 10,955 | 10,765 | |
| Investment Income | |||||||
| Dividends | — | — | — | — | — | — | |
| Bank and building society interest | 1 | 20 | 10 | — | 32 | 1 | |
| Rent from lands or buildings | 16800 | — | — | — | 16800 | 16,000 | |
| Total | 16801 | 20 | 10 | — | 16832 | 16,001 |
Page 4
| Receipts from church activities Fees for weddings and funerals Bookstall sales to promote objectives Church hall lettings -Fund Raising Tots Music Time Church external events/outings Total Memories Cafe Donations Memories Cafe Cafe Grants Total |
813 — — — 813 91 — — — — — — 15,770 — — — 15,770 15,355 231 — — — 231 179 305 — — — 305 — |
|---|---|
| 17,119 — — — 17,119 15,625 — — — — — — — — — — — — |
|
| — — — — — — |
|
| INCOME TOTAL | 96,640 20 10 — 96,672 98,044 |
EXPENDITURE
| EXPENDITURE | ||||||
|---|---|---|---|---|---|---|
| Cost of generating funds | ||||||
| Fees paid to fund raisers | — | — | — | — | — | — |
| Costs of applying for grants | — | — | — | — | — | — |
| Costs of stewardship campaign | — | — | — | — | — | — |
| Costs of fetes & other events | 168 | — | — | — | 168 | — |
| Investment management costs | — | — | — | — | — | — |
| Bookstall costs | — | — | — | — | — | — |
| Church external events/outings | 660 | — | — | — | 660 | (500) |
| Total | 828 | — | — | — | 828 | (500) |
| Missionary and Charitable Giving | ||||||
| Giving to missionary societies | — | — | — | — | — | — |
| Giving - relief and development | — | — | — | — | — | — |
| agencies | ||||||
| Home mission | — | — | — | — | — | — |
| Secular charities | 63 | — | — | — | 63 | — |
| Total | 63 | — | — | — | 63 | — |
| Parish Share | ||||||
| Common Fund | 54,000 | — | — | — | 54,000 | 48,000 |
| Ministry parish share etc | — | — | — | — | — | — |
| Total | 54,000 | — | — | — | 54,000 | 48,000 |
| Clergy and Staffing costs | ||||||
| Assistant staff costs | 80 | — | — | — | 80 | 80 |
| Salary of parish administrator | — | — | — | — | — | — |
| Working expenses of incumbent | 2,400 | — | — | — | 2,400 | 2,400 |
| Council tax | — | — | — | — | — | — |
| Parsonage house expenses | 1,428 | — | — | — | 1,428 | 926 |
| Water rates - vicarage | 365 | — | — | — | 365 | 427 |
| Parsonage - water | 37 | — | — | — | 37 | 35 |
| Vicar's telephone | 1,001 | — | — | — | 1,001 | 974 |
| Visiting speakers / locums | — | — | — | — | — | — |
| Total | 5,311 | — | — | — | 5,311 | 4,842 |
Page 5
Church Running Expenses
| Education Parish training and mission Church running - insurance Church office - telephone Organ / piano tuning Music Church maintenance Cleaning Upkeep of services Upkeep of churchyard Refreshments Administration Church running - electric Church running - gas Church running - water Church running - oil Church running - heating and lighting Magazine expenses Tots Music Time Youth church entertainment Garden of Remembrance plaques Ministry (Refreshments) Ecumenical Ministry Bank Charges Donations Total Hall Running Costs Hall running - oil Hall running - electricity Hall running - gas Hall running - insurance Hall running - maintenance Hall running - telephone Hall running - water Hall running - heating and lighting Total Church Repairs & Maintenance Church major repairs - structure Church major repairs - installation Church interior and exterior decorating Total Hall Repairs & Maintenance Hall + major repairs - structure Hall + major repairs - installation Hall + interior and exterior decorating Total |
129 — — — 129 637 — — — — — — 3,019 — — — 3,019 2,861 167 — — — 167 16 — — — — — — — — — — — 80 2,389 — — — 2,389 2,212 3,994 — — — 3,994 3,727 1,864 — — — 1,864 376 — — — — — 60 769 — — — 769 — 4,635 — — — 4,635 7,167 613 — — — 613 1,529 2,015 — — — 2,015 1,291 200 — — — 200 161 — — — — — — — — — — — — — — — — — — 2,409 — — — 2,409 2,408 — — — — — — — — — — — — — — — — — — — — — — — — 146 — — — 146 — 2,571 — — — 2,571 2,979 |
|---|---|
| 24,926 — — — 24,926 25,510 — — — — — — 1,035 — — — 1,035 1,529 2,015 — — — 2,015 1,291 2,678 — — — 2,678 2,586 423 — — — 423 — — — — — — — 200 — — — 200 161 — — — — — — |
|
| 6,353 — — — 6,353 5,569 — — — — — — — — — — — — — — — — — — |
|
| — — — — — — 57 — — — 57 — — — — — — 566 — — — — — — |
|
| 57 — — — 57 566 |
| Running Costs of 116 Other PCC property upkeep Total |
2,291 — — — 2,291 3,156 |
|---|---|
| 2,291 — — — 2,291 3,156 |
|
| EXPENDITURE TOTAL | 93,832 — — — 93,832 87,145 |
| GRAND TOTAL | 2,808 20 10 — 2,839 10,899 |
Page 6
Notes: 1-5
1. Electricity split 50/50 between Church and Church Hall
2. Gas split 50/50 between Church and Church Hall
3. Water Rates split 50/50 between Church and Church Hall
4. Building and Contents Insurance split 50/50 between Church and Church Hall 5. In some cases, figures have been rounded by the accounting system (pence not shown)
This report dated: 31[st] January 2023
CLIFFORD JOHN TREASURER
These accounts were approved by the trustees on
Page 7
TREASURERS REPORT FOR YEAR ENDED 31[ST] DECEMBER 2022
In common with everybody, our finances have been adversely impacted by the steep rise in energy prices and the high rate of inflation. However, we have recorded a small excess of income over expenditure of £2839.
INCOME
It is encouraging to note that overall receipts were only down by £1372from the previous year. Our income was boosted by a Nonrecurring one-off grant of £2641 recorded under other voluntary receipts on page 4 of the Financial statement. This was in respect of our share of a fund made available to the Diocese, by the Church of England and distributed to individual churches by each diocese.
EXPENDITURE
Expenditure for the year increased by £6687, almost all of which was attributable to our contribution to the Common Fund from of £60,000, an increase of £6,000 over the previous year. There has been no item of exceptional expenditure during the year.
THE COMING YEAR
We have yet to experience the full impact of the increased energy prices, and high rate of inflation. The coming year promises to be challenging for our church finances.
We are also committed to an increase of £500 per month as our contribution to the Common Fund In this connection I have received a letter signed by the Bishop of Willesden, The Rt Rev’d Lusa Nsenga-Ngoy, The Venerable Catherine Pickford The Archdeacon of Northolt and Dawn Baker Area Finance Adviser who have asked that we pass on their sincere thanks to our congregation for your generous giving and for enabling mission and ministry in the diocese of London. The PCC wish to add their appreciation of the generosity of the members of our Church. Clifford John
Treasurer
Independent Examlnerfs report to the membersltrustees of St Anselm's Church I report on the 8ccoun18 for the year ended 31 December 2022 whlch are set out on th8 pag 2106 R••p•ctlv• r••pon•lbllltl•• of th• Tru•t••• and Indop•ndont Examln•r A8 Injslee ol the chartty. the mtsmb8r ol th6 PCC are r88pon8ible for the prep8r8llon of tho 8ccounl8. They con8ider Ihal audll 1$ r¢ requlred lor thi6 yéar under SO10n 144121 of the Chantlei Acl 2011 (the 2011 Acll ond that an Indfjpondenl èx8mlnatkn n•ed. 11 l• my r88pon8ibilrty lo •xamln• the •¢Unts und•r 8•ctlon 145 of th• 2011 Act. lolFow thé pmcedur88 lald down In thé Genor81 DiioGtlon8 glvèn by the ChAdly comm198n9rI 80clion 1451511bl of tho 2011 Act.. and 8tale whether partlcular matt8r8 have come to my attenllon. BaBO8 ol Indepondgnl Ex•mlnerf8 Sthtem•nl My oxamSnaUon wo• carriad out In accordAncfj wlth the Goneral Dlr•cthJno glvon by lh• Charlty Commlulon. An oxamlnaUon Includes rovlew of lh8 a¢¢ounllng rKonls kept by the charlty and comp8ri$0n of I ac£ounts pr08enlgd wllh Iho88 rocory18. 11 •lso Includ88 consldérnllon of 8ny unusual Ilemj or dl8¢losuw In tha 8c¢wn18, and kIng 8xplanalion8 from tho manwmgnl committe• ncem1ng any 8uch mottors. Th8 procedure8 undertakèn do nol provkl6 011 the evKlence that would be requlrèd In a lull audlL and con8èqUonUy, I do expr•8b •n audlt oplnion on accwnl8. Ind•p•nd•nt Ex•mln•rf¥ 8tat•m•nt In connectlon th my •xamlnillon. no matter h•1 com8 my attanlbon.. l. whl¢h glve me reasonable cause to bollevè th81 in any m8ledal r08pe¢l the requlr•ments lo k•ep accounllng record8 in accord&n¢o wllh 88Cth)n 130 01 the 2011 Act: or lo propare 8ccounl8 8ccord wrth the 8ccounllng records havo nol been rnel: or 2. loythlch, h my oplnSon, Allenlknn ihould b• drawn In Order to onlblg a propor underdlondlng of th• account8 lo be reached. Shah FCCA 189 Konmorg Avenu•, HA3 8P8 22M Apdl 202