##
|||||
|---|---|---|---|
|Contents:|||Page|
|Trustees'
Report|||1 —5|
|Independent|Examiner's|Report|6|
|Statement
of|Financial|Activities|7|
|Balance Sheet|||8|
|Notes to the|Financial Statements||9 —14|
|Appendix
1||||
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|for the year ended 31 Dece|m|ber 2022|||||||
|---|---|---|---|---|---|---|---|---|
||||||||TOTAL|ACTUAL|
|||||Unrestricted|Restricted|Endowment|FUNDS|YEAR TO|
|||||Funds|Funds|Funds|31/12/22|31/12/21|
||||Note|F||E|f.|E|
|INCOMING RESOURCES|||||||||
|Voluntary
income|||2(a)|80,248|5,885||86,133|90,533|
|Activities for generating
funds|||2(b)|490|595||1,085|123|
|Income from investments|||2(c)|2,901||17,906|20,807|17,485|
|Church
activities|||2(d)|13,217|||13,217|5,528|
|TOTAL INCOIIING RESOURCES||||96,856|6,480|17,906|121,242|113,669|
|RESOURCES EXPENDED|||||||||
|Cost ofgenerating
voluntary|income||3(a)||||||
|Fund-raising
costs|||3(b)|133|||133||
|Church
activities|||3(c)|100,493|11,322|7,702|119,517|107,917|
|TOTAL RESOURCES EXPENDED||||100,626|11,322|7,702|119,650|107,917|
|NET (OUTGOING)/INCOMING|||||||||
|RESOURCES BEFORE OTHER|||||||||
|RECOGNISED GAINS AND|LOSSES|||(3,770)|(4,842)|10,204|1,592|5,752|
|(Losses) / Gains on investment||assets:|||||||
|On revaluation||||||(78,905)|(78,905)|84,300|
|NET MOVEMENT
IN FUNDS||||(3,770)|(4,842)|(68,701)|(77,313)|90,052|
|NET MOVEMENT BETWEEN||FUNDS||12,299|(2,095)|(10,204)|||
|BALANCES BROUGHT FORWARD AT|||||||||
|1 JANUARY 2022||||312,068|41,437|678,570|1,032,075|942,023|
|BALANCES CARRIED FORWARD AT|||||||||
|31 DECEMBER 2022||||320,597|34,500|599,665|954,762|1,032,075|
##
##
|as at 31 Decembe|r|2022||||
|---|---|---|---|---|---|
|||||31-Dec|31-Dec|
|||||2022|2021|
||||Note||E|
|FIXEDASSETS||||||
|Investments||||599,665|678,570|
|CURRENT ASSETS||||||
|Debtors||||2,901|10,650|
|Short term deposits||||298,897|296,009|
|Cash at bank and|in|hand||64,063|52,914|
|||||365,861|359,573|
|LIABILITIES||||||
|Creditors - amounts||falling due within one year||10,764|6,068|
|NET CURRENT ASSETS||||355,097|353,505|
|TOTAL NET ASSETS||||954,762|1,032,075|
|FUNDS||||||
|Unrestricted|||8, 9(a)|320,597|312,068|
|Restricted|||8, 9(b)|34,500|41,437|
|Endowment|||8, 9(c)|599,665|678,570|
|||||954,762|1,032,075|
##
##
##
##
##
||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
|2|INCOMING RESOURCES||||||||TOTAL|ACTUAL|
|||||||Unrestricted|Restricted|Endowment|FUNDS|YEAR TO|
|||||||Funds|Funds|Funds|31/12/22|31/12/21|
||||||||F|||f|
|2(a)|Voluntary
income||||||||||
||Planned
giving:||||||||||
||—Gift Aid donations|||||55,268|||55,268|55,606|
||—tax recoverable|||||13,792|||13,792|12,803|
||Collections (open plate)|||||3,113|||3113|715|
||Collections (specific charitable)||||||25||25||
||Legacies 8 large donations|||||6,820|||6,820|3,300|
||Grants - Diocesan Energy|Support||||600|||600|2,423|
||Community
Living Room/Fridge||-grants,||donations||3,454||3,454|925|
||Small donations|||||655|||655|1,197|
||Donations/income
for Chaplain||Projects||||55||55|2,278|
||Donations
to Vicar's Discretionary|||Fund|||2,301||2,301|2,225|
||Donations
to Flower Fund||||||50||50|125|
||Ely 2025 Growth
Fund grant|||||||||8,936|
|||||||80,248|5,885||86,133|90,533|
|2(b)|Activities for generating|funds|||||||||
||Fund raising||||||||||
||-fetes, fairs, jumble sales,|Amazon||Prime|etc|56|||56|43|
||-after church coffee|||||434|595||1,029|80|
|||||||490|595||1,085|123|
|2(c)|income from investments||||||||||
||Dividends
and interest
including||||||||||
||tax recoverable|||||2,901||17,906|20,807|17,485|
|||||||2,901||17,906|20,807|17,485|
|2(d)|Income from church activities||||||||||
||Church
hall lettings|||||8,844|||8,844|3,966|
||Church
lettings|||||2,055|||2,055|970|
||Fees|||||2,318|||2,318|592|
||Magazine
income||||||||||
|||||||13,217|||13,217|5,528|
||TOTAL INCOMING RESOURCES|||||96,856|6,480|17,906|121,242|113,669|
##
||RESOURCES EXPENDED|RESOURCES EXPENDED||||||TOTAL|ACTUAL|
|---|---|---|---|---|---|---|---|---|---|
||||||Unrestricted|Restricted|Endowment|FUNDS|YEAR TO|
||||||Funds|Funds|Funds|31/12/22|31/12/21|
||||||F|E|E|f|E|
|3(a)|Cost ofgeneration
ofvoluntary|||income||||||
||Planned
Giving Stationery|||||||||
|3(b)|Fund raising costs|||||||||
||Advertising|||||||||
||Coffee costs||||133|||133||
||Arbury
Carnival costs|||||||||
||||||133|||133||
|3(c)|Church activities|||||||||
||Missionary
and charitable|giving -||overseas|1,390|||1,390|1,407|
||Missionary
and charitable|giving -||home|1,390|620||2,010|1,407|
||Ministry - Diocesan parish|share|||61,331|||61,331|59,999|
||Ministry - other ministry costs||||2,205|||2,205|1,794|
||Church
running
and maintenance||||12,934|||12,934|11,606|
||Church
heating
repairs||||2,808|||2,808|1,278|
||Church fabric repairs||||1,230|||1,230|200|
||Church
Hall fabric repairs||||2,052|||2,052||
||Church
Hall refurbishment||project|||901||901|6,294|
||Capital Fund - chalices, altar linen|||etc|1,834|||1,834||
||Organist||||3,188|||3,188|1,170|
||Church
hall running
costs||||7,343|||7,343|5,899|
||Printing
and stationery||||2,673|||2,673|2,828|
||Parish development||||30|||30|73|
||Community
Chaplain
expenses|||||644||644|192|
||Music in church|||||86||86|86|
||Children's
Groups||||84|||84|163|
||Discretionary
fund|||||1,350||1,350|1,407|
||Church flowers|||||215||215|100|
||Knitting
fund|||||||||
||Holiday lunches|||||||1|174|
||Community
Living Room /|Fridge||||714||714|4,799|
||Community
Chaplain
salary||costs|||6,792|7,702|14,494|7,041|
||||||100,493|11,322|7,702|119,517|107,917|
||TOTAL RESOURCES EXPENDED||||100,626|11,322|7,702|119,650|107,917|
##
|Not
for|es to the Financial Statement
the year ended 31 December|s
2022|||||
|---|---|---|---|---|---|---|
|3|RESOURCES EXPENDED|continued|||TOTAL|TOTAL|
|||Unrestricted|Restricted|Endowment|FUNDS|FUNDS|
|||Funds|Funds|Funds|31/12/22|31/12/21|
|||F|F|F|||
||Missionary
and charitable|giving - overseas|||||
||RDM Parakkanvilai
Fund|1,390|||1,390||
||UNICEF UK|||||1,407|
||DEC Coronavirus
Appeal||||||
|||1,390|||1,390|1,407|
||Missionary
and charitable|giving - home|||||
||Bone Cancer Research Trust||155||155||
||The Children's
Society|1,390|||1,390|703|
||Barnabas
Fund||150||150||
||Angel Tree Cambridge||25||25||
||Christian
Solidarity Worldwide||145||145||
||Wood Green Animal Shelter||145||145||
||Centre 33|||||704|
|||1,390|620||2,010|1,407|
|4|STAFF COSTS AND RELATED PARTY TRANSACTIONS||||2022|2021|
||Wages and salaries||||13,000|11,545|
||Social security costs|||||(6,170)|
||Pension costs||||203|244|
||||||13,203|5,619|
|negative|Social Security costs last year.|||
|---|---|---|---|
|FIXED|ASSETS|2022|2021|
|Investments||||
|Market|value at 1 January|678,570|594,270|
|Annual|revaluation|(78,905)|84,300|
|Market|value at 31 December|599,665|678,570|
##
##
|for th|e year ended 31 De|cem|b|er 2022|||||
|---|---|---|---|---|---|---|---|---|
||||||||2022|2021|
||||||||f|f|
|6|DEBTORS (unrestricted|||funds)|||||
||Income tax recoverable||||||1,424|1,900|
||Other debtors||||||1,477|8,750|
||||||||2,901|10,650|
|7|LIABILITIES - amounts||falling due within one year (unrestricted||funds)||||
||Accruals of utility and|other costs|||||10,764|6,068|
||||||||10,764|6,068|
|8|ANALYSIS OF NET|ASSETS BYFUND||||||Total|
|||||Unrestricted||Restricted|Endowment|Funds|
||||||Fundsf|Funds
f|Funds
f|2022|
||Investment
Fixed Assets||||||599,665|599,665|
||Current Assets||||331,361|34,500|-|365,861|
||Liabilities
—amounts|falling||due within one year|(10,764)|||(10,764)|
||||||320,597|34,500|599,665|954,762|
|9|FUND DETAILS|||||Fabric|Director||
|9(a)|UNRESTRICTED FUNDS|||Capitalf|Charityf|Fundf|of Music
f|Etterbeek|
||Balance at 1 January|||279,048|2,780|26,692||100|
||Receipts|||2,300|||||
||Payments|||(1,834)|(2,780)|(6,090)|||
||Transfers||||2,763||||
||Transfer from endowment|||income||11,854|||
||Balance at 31 December|||279,514|2,763|32,456||100|
|||||Music in|General||||
|||||Church|Reservef|||TOTALf|
||Balance at 1 January|||300|3,148|||312,068|
||Receipts||||94,556|||96,856|
||Payments||||(89,922)|||(100,626)|
||Transfers||||(2,318)|||445|
||Transfer from endowment|||income||||11,854|
||Balance at 31 December|||300|5,464|||320,597|
##
|for th|e year ended 31 Decemb|er 2022|||||||||
|---|---|---|---|---|---|---|---|---|---|---|
|||||||Ely 2025|||||
||||Community|Charity||Growth|Fund||Music in||
||||Living Room|Events|||Grant|Etterbeek|Church|Organ|
|9(b)|RESTRICTED FUNDS|||||||F||E|
||Balance at 1 January||||||6,792|66|141|981|
||Receipts||3,454|620|||||||
||Payments||(714)|(620)||(6,792)|||(86)||
||Transfers||(445)||||||||
||Transfer from endowment|income|(1,650)||||||||
||Balance at 31 December||645|||||66|55|981|
||||City||||||Children' s|West|
||||Council|Children'|s|||Memorial|Altar|End|
||||Grants|Groups||Flowers||Garden|Flowers|works|
||||F||F|||F|E|F|
||Balance at 1 January||||||5,152|20||1,225|
||Receipts||||||50||||
||Payments||||||(215)||||
||Transfers||||||||||
||Balance at 31 December||||||4,987|20||1,225|
|||||||||Hall|Vicar's||
||||Knitting|Community||Holiday||Refurb|Discretionary||
||||Fund|Chaplaincy||Lunch|Fund|Fund|Fund|TOTAL|
||||F||F|||F|E||
||Balance at 1 January|||2,279||||18,706|6,016|41,437|
||Receipts|||55|||||2,301|6,480|
||Payments|||(644)||||(901)|(1,350)|(11,322)|
||Transfers|||||||||(445)|
||Transfer from endowment|income||||||||(1,650)|
||Balance at 31 December||59|1,690||||17,805|6,967|34,500|
||||Endowment|Endowment|Total|Total|
|---|---|---|---|---|---|---|
||||Capital|Income|2022|2021|
|Balance at|1 January||678,570||678,570|594,270|
|Receipts||||17,906|17,906|17,447|
|Movement|in market value||(78,905)||(78,905)|84,300|
|Transfer to|Fabric Fund|||(11,854)|(11,854)|(17,447)|
|Community|Chaplain
salary|||(7,702)|(7,702)||
|Transfer part ofsalary costs to Community||Living Room||1,650|1,650||
|Survey costs and parish development|||||||
|Balance at|31 December||599,665||599,665|678,570|
##
##
|||2022|2021|
|---|---|---|---|
|Flower fund||f.||
|This fund is not a trustee account ofthe PCC||||
|Balance at 1 January||284|162|
|Donations||211|300|
|Transfer from main Church|Flower Fund|100||
|Payments
for flowers||460|178|
|Balance at 31 December||135|284|
|Trust Fund C99 held by the Diocese for Curate's|Houses|||
|---|---|---|---|
|Balance at 1 January||6,860|6,856|
|Interest received||90|4|
|Balance at 31 December||6,950|6,860|