.
1179723
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF SANDERSTEAD ST MARYS
Financial Statements
Year Ended 31 December 2023
## ST. MARY’S SANDERSTEAD
|Contents||
|---|---|
||**Page**|
|Legal and Administrative Information|1|
|Trustees’ Report|3|
|Independent Examiner’s Report|6|
|Statement of Financial Activities|7|
|Balance Sheet|8|
|Notes to the Financial Statements|9|
## ST. MARY’S SANDERSTEAD
Reference and administrative details
For the year ended 31 December 2023
**Charity Registration no:** 1179723 **Registration Date** : 29 August 2018 **Governing Document:** Parochial Church Council Powers (1956) as amended and Church Representation Rules that came into force on 2 January 1957.
PCC members who have served from 1[st] January 2023 until the date this report was approved are:
**Clergy:**
Fr. Grant Cohen
**Laity: Church Wardens** Miss Fiona Macan Miss Aleen Solly **Reader** Mr. Robert Radley (resigned May 2023) **Deanery Synod** Mrs. Julia Storey **Elected members** Mrs. Dawn Brown (resigned May 2023) Miss Kim Brown Mr. Clive Christensen (Treasurer) Mrs. Judith Forshaw Mr. Bill Jackson Mrs. E. Martin Mrs. Julia Rider Mrs. Ann Rowland Mrs. Sue Wragg Mrs. Julia Storey Mrs. Rachael Woods (Secretary)
1
## ST. MARY’S SANDERSTEAD
## Reference and administrative details
For the year ended 31 December 2022 (cont’d)
**Bankers:** HSBC 139a North End Croydon Surrey CR0 1TN The CBF Church of England Funds Senator House 85 Queen Victoria Street London EC4V 4ET **Independent Examiner:** Peter Saltiel Church and Charity Accounts Service Ltd 7 Planchadeau 23460 Saint-Pierre-Bellevue France **All Correspondence to:** St **.** Mary’s Church Purley Oaks Road South Croydon Surrey CR2 0NR
Telephone: 020 8657 9232
2
## ST. MARY’S SANDERSTEAD
## TRUSTEES’ REPORT
## **Structure, governance and management.**
## _Constitution_
The Parochial Church Council (PCC) is a body established under the Church Representation Rules of the Church of England and under the Parochial Church Council (Powers) Measure 1956.
## _Appointment of Trustees_
The method of appointment of PCC members is set out in the Church Representation Rules. All church attendees are encouraged to register on the Electoral Roll and stand for election to the PCC.
## _Organisational Structure and Decision Making_
The rules for the proceedings of the PCC are set out in the Church Representation Rules.
Because its role is essentially strategic and co-ordinating, rather than day-to-day management, the only permanently constituted committee of the PCC is the Standing Committee, which meets as necessary to conduct urgent business between full meetings. Temporary groups are appointed from time to time to carry out specific pieces of work.
## **Risk management**
The PCC categorises risk as follows:
**Financial risk** is the most common category of risk and it is possible to measure many nonfinancial risks in terms of financial impact. Financial risks can be managed through budgets and internal financial procedures as well as through strategic, business and development plans and management accounts.
**Reputational risk** can have an impact on parishes if, for example, unwelcome publicity hinders the mission of the Church.
**Statutory and legal requirements** such as health and safety, employment law, Charities Act, child protection and associated difficulties, which could lead to high compensation payments arising from equal opportunities or health and safety claims, also pose a risk.
**Operational risk** relates to threats to the Church’s ability to deliver its objectives owing, for example, to damage to a church building.
Management of risk is the responsibility of the PCC which undertakes risk assessment on a low, medium or high likelihood of an event occurring and the high, medium or low impact. Contingency plans, controls or preventative measures are put in place by the PCC.
## **Objectives and activities**
The PCC has the responsibility of co-operating with the incumbent in promoting the whole mission of the Church, pastoral, evangelistic, social and ecumenical. It also has maintenance responsibilities for St. Mary’s Church and Hall.
The PCC has responsibility for a wide range of matters affecting St. Mary’s, including such matters as compliance with health and safety, disability discrimination legislation and child protection. Appropriate training procedures have been adopted, including training courses arranged by the diocese or deanery and the dissemination of reading matter.
3
## ST. MARY’S SANDERSTEAD
## **Bribery Act 2010**
This Act came into effect 1[st] July 2011.
The Ministry of Justice “Quick Start Guide” is clear that because St. Mary’s affairs are entirely UK based with very little risk of bribery being committed on behalf of St. Mary’s, then we may feel no need for any procedures to prevent bribery.
We believe that our present procedures of requiring three quotes for major works, with the decision on which quote to accept taken by the Standing Committee and/or the PCC, and of using Southwark recommended firms for major projects, mean that we have sufficient procedures in place.
## **Trustees’ Report**
The full PCC met 5 times in 2023 for formal business with an average attendance level of 76 %.
The Standing Committee met one time in 2023.
## **COMMUNITY, OUTREACH & FACILIITIES**
The Christingle service was held on Christmas Eve and was a great success with more than 250 attendees.
The Family Room was used as a crèche for babies and toddlers during services, for post service refreshments, and as a meeting room for various church committees.
Chrome (a youth club) continues for children aged between 11 and 18 years of age. Any child may attend whether an active, inactive, or no Christian belief as part of the churches outreach. The Christmas Fair was a great success with more than 1,000 people attending and a net income of £1,274.
During the year we distributed food collections from the congregation to the users of the Purley Food Hub and paid them £535; to the Bishop’s Lent Appeal, £387; to the Ukrainian appeal £602 and Childrens Society £136. These amounts were due to congregational appeals.
For the second year we were unable to pay out anything from the income of the church to various charities.
## **Financial Review**
Income for the financial year was £153,477 (2022 £146,132) and expenditure £169,677 (2022 £162,252) with a net deficit of £ 16,200 compared with 2022 net deficit of £16,801.
Total receipts on ordinary unrestricted/designated funds of the church were £152,641 (2022 £135,438) and are detailed in the financial statements. Expenditure of £158,409 (2022 £146,146) was spent to provide the Christian ministry in the parish, including the Parish Support Fund giving of which largely provides the stipends and housing for the clergy.
## **Reserves Policy**
It is the PCC policy to maintain a balance on general/designated unrestricted funds which equates to approximately six months unrestricted payments, to cover emergency situations
4
that may arise from time to time. The balance of a negative £691 at the year-end did not reach this level.
The balance of £ 14,165 of restricted funds is available for expenditure only for the purposes shown in note 9 of the notes to the financial statements.
## **Statement of Trustees’ Responsibilities**
Charity law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the church at the year end and its incoming resources and resources expended during the year. In preparing those financial statements, the trustees are required to: -
- Select suitable accounting policies and then apply them consistently;
- Make judgments and estimates that are reasonable and prudent;
- State whether applicable accounting standards and statements of recommended practice have been followed subject to any departures disclosed and explained in the financial statements; and
- Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the church will continue in business.
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the church and enable them to ensure that the financial statements comply with the Charities Act 2011. They are also responsible for safeguarding the assets of the church and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
## _Financial Statements_
The financial statements prepared for filing purposes have been reconciled with the memorandum accounts prepared separately by the treasurer for the PCC. The memorandum accounts are used by the PCC for internal management information only.
Approved by the PCC on the 8[th] March 2024 and signed on their behalf by:
Fr. Grant Cohen, Priest-in charge St. Mary’s Sanderstead and St. James’ Riddlesdown.
Clive Christensen, Honorary Treasurer
5
Independent Examiner’s Report to the Trustees / Members of St. Mary’s Church Sanderstead Registered Charity No. 1179723 for the year ended 31[st] December 2023
I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31[st] December 2023 set out on pages 7 to 16.
## **Responsibilities and basis of report**
As the charity's trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).
I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
## **Independent examiner's statement**
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect:
- the accounting records were not kept in accordance with section 130 of the Charities Act; or
- the accounts did not accord with the accounting records; or
- the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Peter Saltiel Church & Charity Accounts Service Ltd 7 Planchadeau 23460 Saint-Pierre-Bellevue France
Dated 12[th] April 2024
6
## ST. MARY’S SANDERSTEAD
## Statement of financial activities for the year ended 31[st] December 2023
|**Income & endowments**
Donations & legacies
Charitable activities
Other trading activities
Investments
**Total income & endowments**
**Expenditure**
Raising funds
Charitable activities
**Total expenditure**
**Net income/(expenditure) for the**
**Total funds brought forward**
**Total funds carried forward**|Unrestricted
Restricted
Total
Notes
Fund
Fund
2023
£
£
£
3.1
70,122
800
70,922
3.2
73,448
-
73,448
3.3
8,507
-
8,507
3.4
564
36
600
152,641
836
153,477
4.1
4,906
150
5,056
4.2
153,503
11,118
164,621
158,409
11,268
169,677
**year**
(5,768)
(10,432)
(16,200)
9
9,486
24,597
34,083
9
3,718
14,165
17,883|Unrestricted
Restricted
Total
Notes
Fund
Fund
2023
£
£
£
3.1
70,122
800
70,922
3.2
73,448
-
73,448
3.3
8,507
-
8,507
3.4
564
36
600
152,641
836
153,477
4.1
4,906
150
5,056
4.2
153,503
11,118
164,621
158,409
11,268
169,677
**year**
(5,768)
(10,432)
(16,200)
9
9,486
24,597
34,083
9
3,718
14,165
17,883|Unrestricted
Restricted
Total
Notes
Fund
Fund
2023
£
£
£
3.1
70,122
800
70,922
3.2
73,448
-
73,448
3.3
8,507
-
8,507
3.4
564
36
600
152,641
836
153,477
4.1
4,906
150
5,056
4.2
153,503
11,118
164,621
158,409
11,268
169,677
**year**
(5,768)
(10,432)
(16,200)
9
9,486
24,597
34,083
9
3,718
14,165
17,883|Total
2022
£
75,778
64,693
5,127
534|
|---|---|---|---|---|
||3.1
3.2
3.3
3.4
4.1
4.2
**year**
9
9||||
|||152,641|836
153,477|146,132|
|||4,906
150
5,056
153,503
11,118
164,621||3,724
159,209|
|||158,409
11,268
169,677||162,933|
|||(5,768)
(10,432)
(16,200)
9,486
24,597
34,083||(16,801)
50,884|
|||3,718
14,165
17,883||34,083|
All activities are regarded as continuing.
The above statement includes all recognised gains and losses during the year.
The Notes to the Accounts from part of these Financial Statements
7
## ST. MARY’S SANDERSTEAD
## Balance Sheet as at 31[st] December 2023
|||2023||2022||
|---|---|---|---|---|---|
||Notes|£|£|£|£|
|ASSETS||||||
|Fixed Assets|5||1||1|
|Current Assets||||||
|Cash at Bank||21,204||41,718||
|Debtors|6|5,832|27,036|1,881|43,599|
|LIABILITIES||||||
|Current Liabilities||||||
|Creditors|7||2,044||8,017|
|NET CURRENT ASSETS|||24,992||35,582|
|Non-Current Liabilities||||||
|Creditors|||7,110||1,500|
|NET ASSETS|||17,883||34,083|
|REPRESENTED BY:|9|||||
|Restricted Fund:||||||
|Chalice||200||200||
|Hall Refurbishment||(25)||(25)||
|Youth Work||1,257||2,170||
|Agency collection||(290)||(290)||
|Mission||2,699||2,699||
|Nave Altar Fund||665||665||
|Kneelers||-||-||
|Oclee bequest||873||841||
|Organ||52||52||
|Rewiring||945||945||
|Heating||1||1||
|Seven Whole days||3,356||3,356||
|Stupples bequest -vicar's|discretionary|3,850||13,316||
|Pension reserve||(111)||(26)||
|Oxlade bequest||693||693||
||||14,165||24,597|
|Designated Fund:||||||
|Christmas Tree||3,271||1,998||
||||3,271||1,998|
|Unrestricted Fund:||||||
|General|||447||7,488|
||||17,883||34,083|
Signed on behalf of all the trustees on the 8[th] March 2024
8
## ST. MARY’S SANDERSTEAD
Notes to the Accounts For the Year Ended 31st December 2023
## **1 Basis of preparation**
These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts, accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014 and with the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102).
## 1.1 Judgements and Estimations
The Trustees have not made any significant judgements in the process of applying accounting policies and there are no areas of estimation uncertainty that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities.
- 1.3 Going concern
- a) At the time of approving the accounts, the Trustees have a reasonable expectation that the charity has sufficient reserves and that the charity is a going concern.
- 1.4 Change of accounting policy
- a) The accounts present a true and fair view and no changes in the basis of accounting have been made during the year.
- 1.5 Changes to previous accounts
- a) There have been no changes to the previous accounts during the financial year.
- 1.6 Changes to accounting estimates
- a) There have been no changes to accounting estimates.
9
## ST. MARY’S SANDERSTEAD
Notes to the Accounts For the Year Ended 31st December 2023 (cont’d)
## **2 Accounting policies**
- 2.1 Fund accounting
- a) Unrestricted funds are donations and other income received or generated for the objects of the charity without further specified purpose and are available as general funds. These are recognised at the time of receipt.
- b) Designated funds - are set aside as part of the unrestricted funds to be used for a particular future project or commitment.
- c) Restricted funds - are to be used for the specific purposes as laid down by the donor. Expenditure which meets these criteria is identified to the fund.
- 2.2 Income
- a) Voluntary income is received by way of donations and gifts and is included in full in the Statement of Financial Activities when received.
- b) Where income has related expenditure, the income and related expenditure are reported gross in the SoFA.
- c) Income tax recoverable as Gift Aid is accounted for on a claimed basis.
- d) Investment income is included in the accounts when receivable.
- 2.3 Expenditure
- a) Charitable expenditure comprises costs incurred by the charity providing activities and services for its beneficiaries.
- b) Costs of generated funds are those costs incurred in attracting voluntary income, or incurred in trading activities undertaken to raise funds.
- c) Support and administration costs of the charity relate to the costs of running the charity and includes any costs which cannot be specifically identified to another expenditure.
- d) Expenditure is recognised on an accrual basis and creditor amounts are measured at settlement amounts less any trade discounts.
- e) Provisions for liabilities are measured on recognition of its historical costs and then measured at the best estimate of the amount required to settle the obligation at the reporting date.
- f) The charity is not registered for VAT, so all costs are inclusive of VAT charged.
10
## ST. MARY’S SANDERSTEAD
Notes to the Accounts For the Year Ended 31st December 2023 (cont’d)
## **3 Analysis of income**
|3.1 Donations & legacies
Gift Aid giving
Plate collections
Donations
Flowers
Gift Aid tax reclaim
Grants
3.2 Charitable activities
Wedding & funeral fees
Church hall letting
Montessori School
Cavat Theatre Arts
Jubilee hall lettings
Sundries
3.3 Other trading activities
Fairs & events
3.4 Investments
Interest
Total Income|Unrestricted
Restricted
Total
Fund
Fund
2023
£
£
£
47,345
-
47,345
2,407
-
2,407
7,553
800
8,353
213
-
213
12,604
-
12,604
-
-
-
70,122
800
70,922
1,759
-
1,759
5,749
-
5,749
65,000
-
65,000
765
-
765
-
-
-
175
-
175|Unrestricted
Restricted
Total
Fund
Fund
2023
£
£
£
47,345
-
47,345
2,407
-
2,407
7,553
800
8,353
213
-
213
12,604
-
12,604
-
-
-
70,122
800
70,922
1,759
-
1,759
5,749
-
5,749
65,000
-
65,000
765
-
765
-
-
-
175
-
175|Total
2022
£
50,820
153
10,910
-
13,895
-|
|---|---|---|---|
||||75,778|
||||2,079
5,894
54,025
2,200
438
57|
||73,448|-
73,448|64,693|
||8,507|-
8,507|5,127|
||8,507|-
8,507|5,127|
||564|36
600|534
|
||564|36
600|534|
||152,641|836
153,477|146,132|
11
## ST. MARY’S SANDERSTEAD
## Notes to the Accounts
For the Year Ended 31st December 2023 (cont’d)
## **4 Analysis of expenditure**
|4.1 Raising funds
Cost of fetes & other events
4.2 Charitable objectives
Donations
Missionary Societies
_Reversal of prior year accrual_
Total donations
Parish support fund
St Mary's office administrator
Photocopier finance
Clergy expenses
Clergy expenditure
Parish expenditure - other churches
Foods purchased
Books
Postage & stationery
Vicar's telephone
Church insurance
Church office telephone
Church photocopier costs
Organ & piano tuning
Church maintenance
Organist & choir expenses
Altar requisites
Flowers
Junior church
Church running - electric
Church running - gas
Church running - other
Wedding & funeral fees
Subscriptions & annual fees
Sundry
Jubilee Room running costs
_Total c'fwd_|Unrestricted
Restricted
Total
Fund
Fund
2023
£
£
£
4,906
150
5,056|Unrestricted
Restricted
Total
Fund
Fund
2023
£
£
£
4,906
150
5,056|Total
2022
£
3,724|
|---|---|---|---|
||4,906|150
5,056|3,724|
||(5,000)|-
(5,000)|5,025|
||-|-
-|-|
||(5,000)
-
(5,000)
67,895
-
67,895
7,630
85
7,715
1,680
-
1,680
887
32
919
412
679
1,091
2,144
-
2,144
3,044
4,555
7,599
496
-
496
923
-
923
726
-
726
3,551
-
3,551
542
-
542
2,180
-
2,180
655
-
655
7,169
-
7,169
7,718
-
7,718
1,075
800
1,875
395
6
401
53
-
53
4,519
-
4,519
11,222
-
11,222
214
35
249
351
-
351
1,232
-
1,232
1,627
4,926
6,553
-
-
-||5,025
66,564
6,361
2,169
968
1,304
1,590
4,326
305
857
645
3,760
389
1,340
5,334
6,694
6,536
1,538
271
-
2,500
3,122
318
1,047
1,274
4,692
549|
||123,340
11,118
134,458||129,478|
12
## ST. MARY’S SANDERSTEAD
## Notes to the Accounts
For the Year Ended 31st December 2023 (cont’d)
## **4 Analysis of expenditure** _**(cont’d)**_
|_Total b'fwd_
Hall 2 - general
Hall 2 - insurance
Hall 2 -energy
Hall running - general
Hall running - electricity
Hall running - gas
Hall running - insurance
Hall running - maintenance
Hall running - water
Independent examination
Total Expenditure|Unrestricted
Restricted
Total
Total
Fund
Fund
2023
2022
£
£
£
£
123,340
11,118
134,458
129,478
120
-
120
-
1,679
-
1,679
1,623
991
-
991
1,157
5,109
-
5,109
9,398
8,285
-
8,285
3,248
5,167
-
5,167
8,037
4,164
-
4,164
3,788
2,194
-
2,194
1,440
1,504
-
1,504
340
950
-
950
700
153,503
11,118
164,621
159,209
158,409
11,268
169,677
162,933|
|---|---|
## **5 Fixed Assets**
## Tangible Assets
The area of land making up the hall and surrounding land around it has been found to be the PCC’s rather than Southwark. Accordingly, we have explored the possibility of having a new hall constructed, with the elimination of the scout’s hut and existing hall.
The new hall construction and cash benefit (if any) is currently unknown and we have arranged to have the site, cost of building, and cash benefits for the church re-examined in order to comply with the Charity Commission requirements that we obtain a good value for the site.
The site to be sold, to allow the developer to build 3 or 4 houses on it, is close to the Wetton Tree Gardens and the Oclee Room.
In the meantime, the land continues to be listed as having a value of £1.
## **6 Debtors**
|Tax recoverable
Areas of rent and utilities|2023
2022
£
£
5,360
1,157
472
724
5,832
1,881|
|---|---|
13
## ST. MARY’S SANDERSTEAD
## Notes to the Accounts
For the Year Ended 31st December 2023 (cont’d)
## **7 Creditors**
|**8**
**Staff costs**
2023
2022
£
£
Current Liabilities
Charitable giving agreed but not paid
-
5,000
Agency collections
392
171
Creditors for goods and services
1,652
2,846
2,044
8,017
Non-current Liabilities
Rent deposits
1,500
1,500
Loan
5,610
-
7,110
1,500
2023
2022
£
£
Wages and salaries
7,365
5,615
Pension
325
52
7,690
5,667
The average monthly number of employees during the year was as follows:
2023
2022
PCC managed employees
2
2
2
2|2023
£
-
392
1,652|2022
£
5,000
171
2,846
|
|---|---|---|
||2,044|8,017|
||1,500
5,610|1,500
-|
||7,110|1,500|
||2023
£
7,365
325|2022
£
5,615
52|
||7,690|5,667|
No employee received a remuneration of over £60,000 in either year.
## **9 Movement of Funds**
|Total funds brought forward
Net movement in resources
Total funds carried forward|Unrestricted
Restricted
Fund
Fund
£
£
9,486
24,597
(5,768)
(10,432)|Total
Total
2023
2022
£
£
34,083
50,884
(16,200)
(16,801)
17,883
34,083|
|---|---|---|
||3,718
14,165||
14
## ST. MARY’S SANDERSTEAD
## Notes to the Accounts
For the Year Ended 31st December 2023 (cont’d)
## **9 Movement of Funds**
|1st Jan
Income
Expenditure
£
£
£
Restricted Funds
Chalice
200
-
-
Hall Refurbishment
(25)
-
-
Youth Work
2,170
-
(913)
Agency collection
(290)
-
-
Mission
2,699
-
-
Nave Altar Fund
665
-
-
Kneelers
-
800
(800)
Oclee bequest
841
32
-
Organ
52
-
-
Rewiring
945
-
-
Heating
1
-
-
Seven Whole days
3,356
-
-
Stupples bequest -vicar's di
13,316
4
(9,470)
Oxlade bequest
693
-
-
Pension reserves
(26)
-
(85)
Designated Funds
Charity Payments
-
-
-
Christmas Tree
1,998
5,893
(4,620)
Youth
-
-
-
Unrestricted Fund
General
7,488
146,748
(153,789)
Total Funds
34,083
153,477
(169,677)|1st Jan
Income
Expenditure
£
£
£
Restricted Funds
Chalice
200
-
-
Hall Refurbishment
(25)
-
-
Youth Work
2,170
-
(913)
Agency collection
(290)
-
-
Mission
2,699
-
-
Nave Altar Fund
665
-
-
Kneelers
-
800
(800)
Oclee bequest
841
32
-
Organ
52
-
-
Rewiring
945
-
-
Heating
1
-
-
Seven Whole days
3,356
-
-
Stupples bequest -vicar's di
13,316
4
(9,470)
Oxlade bequest
693
-
-
Pension reserves
(26)
-
(85)
Designated Funds
Charity Payments
-
-
-
Christmas Tree
1,998
5,893
(4,620)
Youth
-
-
-
Unrestricted Fund
General
7,488
146,748
(153,789)
Total Funds
34,083
153,477
(169,677)|Transfers
31st Dec
£
£
-
200
-
(25)
-
1,257
-
(290)
-
2,699
-
665
-
-
-
873
-
52
-
945
-
1
-
3,356
-
3,850
-
693
-
(111)
-
-
-
3,271
-
-
-
447
-
17,883|
|---|---|---|
||34,083
153,477
(169,677)||
|Restricted Funds
Designated Funds
Unrestricted Fund
Total Funds|1st Jan
Income
Expenditure
£
£
£
24,597
836
(11,268)
1,998
5,893
(4,620)
7,488
146,748
(153,789)|Transfers
31st Dec
£
£
-
14,165
-
3,271
-
447
-
17,883|
|---|---|---|
||34,083
153,477
(169,677)||
15
## ST. MARY’S SANDERSTEAD
## Notes to the Accounts
For the Year Ended 31st December 2023 (cont’d)
## **10 Analysis of net assets between funds**
|Unrestricted
Restricted
Funds
Funds
2023
2023
£
£
Tangible fixed assets
1
Current assets
12,871
14,165
Current liabilities
(2,044)
-
Non-current liabilities
(7,110)
-
Total Funds
3,718
14,165|Total
Funds
2023
£
1
27,036
(2,044)
(7,110)|Total
Funds
2022
£
1
43,599
(8,017)
(1,500)|
|---|---|---|
||17,883|34,083|
## **11 Trustee remuneration**
No trustee has been paid any remuneration or received any other benefits from an employment with their charity or a related entity during the year.
16