## **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
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8tale whether partlcular matt8r8 have come to my attenllon.
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Ind•p•nd•nt Ex•mln•rf¥ 8tat•m•nt
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lo k•ep accounllng record8 in accord&n¢o wllh 88Cth)n 130 01 the 2011 Act: or
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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