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2022-12-31-accounts

Accounts

for the Parochial Church Council of

St Mary’s Church, Ticehurst

for the year ended 31[st] December 2022

St Mary's Ticehurst UK Balance Sheet - Standard As of 31 December 2022

Cash Accounting
31 Dec 20
ASSETS
Current Assets
Other Current Assets
Gift Aid due
Prepayments
Total Other Current Assets
Funds
Dora Luckin (Investment
221,952.85
Fabric Fund (Investment
4,495.12
Music Fund (Deposit)
1,852.15
Rule (Investment)
3,864.52
232,164.64
Cash at bank and in hand
Current Account
500.00
Business Reserve
21,223.03
Cash
0.00
Petty Cash (Vicarage)
49.39
21,772.42
Total Current Assets
253,937.06
Current Liabilities
Accounts Payable
Other Current Liabilities
Accruals
St Aug - funeral fee holding
Total Other Current Liabilities
Total Current Liabilities
NET CURRENT ASSETS
Represented by:-
Reserves
Opening Funds
178,503.65
Net Increase in Asset Value
75,433.41
Closing funds
253,937.06
Accrual Accounting
31 Dec 21
9,482.88
12,331.17
21,814.05
454,699.65
5,138.17
1,853.12
4,393.19
466,084.13
500.00
53,084.58
654.16
49.39
54,288.13
542,186.31
721.00
4,415.67
398.00
4,813.67
5,534.67
536,651.64
253,937.06
282,714.58
536,651.64
Accrual Accounting
31 Dec 22
Notes
8,051.74
due on 2022 donations
924.49
Council Tax
8,976.23
214,657.07
A
4,533.32
B
1,877.49
C
3,874.27
D
224,942.15
500.00
E
413,237.90
F
0.00
Collection and Numbered Envelopes Christmas week, not yet cleared in bank
49.39
G
413,787.29
647,705.67
New section due to accrual accounting
493.58
H
various December-dated invoices paid January 23
3,497.31
2022-related costs, paid out in 2023: statutory fees due to Diocese £2720,
Christingle collection due to Children Society £3263, website 234
0.00
3,497.31
3,990.89
643,714.78
536,651.64
107,063.14
643,714.78

Page 1 of 1

St Mary's Ticehurst Profit Loss

January 2021 through December 2022

Ordinary Income/Expense
Income
Activities for Generating Funds
Eco Church
Gift Aid
Giving
Income from Church Activites
Interest on Bank Accts & Trusts
Other Income
Legacy
Total Income
Expense
Advertising & Promotion
Bookkeeping Services
Books & Music
Charitable Grants & Donations
Church Building
Churchyard Maintenance
Churchyard Works
Cleaning
Eco Church costs
Repairs and Maintenance
Utilities
Total Church Building
Clergy & Other People'sExpenses
Bellringing Services
Choir Charges
Occasional Clerical Duty
Organist Expenses
Parish Administrator
Training
Vergering
Total Clergy & Other People'sExpenses
Conferences & Meetings
Dues & Subscriptions
Equipment
Equipment Repairs & Maintenance
Expensed Equipment
Fire Equipment & Service
Organ Tuning & Maintenance
Total Equipment
Events
Furniture & Fixtures
Gifts
Cost of Raising Funds
Insurance Expense
Accrual Accounting
Jan - Dec 21
1,105.64
1,122.23
19,069.56 **
38,226.90
180.00
6.22
18,850.13
270,275.74
348,836.42
110.00
2,032.15
341.20
2,280.46
1,354.25
327.42
13.71
1,138.20
32,046.34
4,833.69
39,713.61
260.00
250.00
105.80
2,648.75
456.75
30.00
225.00
3,976.30
28.70
81.80
562.52
2,056.56
250.00
2,869.08
0.00
0.00
26.49
4,720.74
Accrual Accounting
Jan - Dec 22
1,949.89
0.00
8,210.23
34,542.43
208.00
841.98
16,637.87
207,888.00
270,278.40
482.00
1,729.25
105.46
3,850.04
1,825.57
0.00
261.87
311.20
11,022.30
4,267.16
17,688.10
0.00
150.00
418.50
2,880.00
0.00
45.98
325.00
3,819.48
210.38
0.00
40.00
615.57
30,670.02
279.12
258.00
31,822.71
105.72
1,225.50
333.46
4,307.96
Increase/
Decrease
Notes
844.25
sales, fairtrade etc
-1,122.23
no longer defined separately
-10,859.33
**2021 figure includes £9586 received in 2021 on 2020 donations and £9482 due on 2021 donations,
-3,684.47
28.00
field rental, hire of St Mary's Room
835.76
increase due to transfer of £200k from Dora Luckin Fund
-2,212.26
includes £1617 Flimwell portion of costs, £9052 weddings/funerals, £355 grants
-62,387.74
from 3 legacies
-78,558.02
372.00
-302.90
-235.74
1,569.58
471.32
-327.42
248.16
-827.00
most costs no longer defined separately: carbon offset £226, Gold Award £85
-21,024.04
including chancel repairs. storm damage, roof alarm, AV improvements
-566.53
-22,025.51
-260.00
-100.00
312.70
231.25
-456.75
vacant post
15.98
100.00
-156.82
181.68
hall hire for APCM
-81.80
40.00
53.05
28,613.46
includes £30,310 AV costs
279.12
8.00
28,953.63
105.72
Jubilee
1,225.50
wooden benches
306.97
-412.78

Management & Administration

St Mary's Ticehurst

Bank Service Charges
Consumables
DBS Checks etc
IT & Internet Expenses
Licences
Postage and Delivery
Printing
Stationery
Stationery (Printed)
Website Maintenance
Total Management & Administration
Other Fees to Diocese
Occasional Services
Total Other Fees to Diocese
Parish Contribution
Regular Church Costs
Candles
Communion Supplies
Flowers
Total Regular Church Costs
Rent & Rates
Service Expenses General
Children's Supplies
Decorations (Christmas etc)
Service Expenses
Total Service Expenses General
Vicar's Expenses
Total Expense
Net Ordinary Income
Other Income/Expense
Other Income
Increase/Decrease in Investments
Dividend
Total Other Income
Net Other Income/Expense
Increase/Loss for the Year
7.24
131.03
0.00
868.96
191.06
280.89
6.48
552.04
214.82
300.00
2,552.52
4,317.00
4,317.00
50,000.00
153.82
45.90
248.64
448.36
0.00
107.23
107.23
3,950.44
117,556.08
231,280.34
42,918.52
8,515.72
51,434.24
51,434.24
282,714.58
Profit Loss
January 2021 through December 2022
355.90
348.66
now charging for current account
179.43
48.40
44.00
44.00
721.38
-147.58
software licences, internet connection, website
328.39
137.33
music
15.86
-265.03
0.00
-6.48
161.54
-390.50
176.75
-38.07
233.84
-66.16
2,217.09
-335.43
3,056.00
-1,261.00
2021 figure includes overlap of move from cash accounting to accrual
3,056.00
-1,261.00
55,500.00
5,500.00
146.04
-7.78
7.99
-37.91
1,367.19
1,118.55
includes Flower Festival - approximately £1k of 2022 expenditure was covered by donations
1,521.22
1,072.86
3,293.02
3,293.02
no figure in 2021 accounts as fell between cash accounting and accrual
119.98
119.98
137.97
137.97
45.66
-61.57
303.61
196.38
1,210.19
-2,740.25
132,821.19
15,265.11
137,457.21
-93,823.13
0.00
0.00
-41,166.35
-84,084.87
10,772.28
2,256.56
-30,394.07
-81,828.31
-30,394.07
-81,828.31
107,063.14
-175,651.44

Report to Accompany Accounts for year ended 31 December 2022

Having moved from cash to accrual accounting for the 2021 accounts, we have continued on this basis.

There are a few instances where the move from one system to the other distorts comparison between 2021 and 2022 figures. I have endeavoured to explain in the notes where this occurs.

Bequests

A total of £207,888 was received from three bequests in 2022.

Funds

There was a sharp fall in the value of shares held in the Investment Funds during 2022. In order to spread the risk to assets, the decision was made to sell shares to the value of £200k, which can then be seen in the Reserve Account balance at year-end.

The Field

The value of the field has historically not been included as an asset on the accounts. As at 23.02.2009 the field was valued at £40,000.00.

Independent Examiner's Report to the PCC of St Mary's Church, Ticehurst for the Year Ended 31" December, 2022 Section A Thi5 15 my report to the Parochial Church Council of the Ecclesiastical Parish IPCCI of St Mary, Titehurst, on the annual report for the year ended 31 December 2021 Respe(tlve responslbilitie5 of tTUStees and emamlner The PCC members are responsible for the preparation of the annual reports. The PCC members consider that an audit is not required for this year under Section 144 of the Charities Aci 20111.the Charities Act") and thal an independent examination is needed. It is my responsibility to= examine the accounts under section 145 of the Charities Art, to follow the procedures laié down in the general DirectiQnS given by the Charity Commission (under section 14515llbl of the Charitie5 Act, and to state whethef particular matters have tome to my attention. 8asls ol Independent examlnerfs statement My examinatlon was carried out in accordance with 8eneral Dirertions given by the Charity Commission. An examination includes a review of the actountin8 records kept by the charity and a compafison of the account5 presented with those records. It also includes consideratlon of any unusual items or distlosures in the attounts, and seeking explanations from the trustees concernin8 any such matters. The procedures undertaken do not provide all the evidence thot would be required in an audit, and consequently no opinion 15 8iven as to whether the accounts present a 'true and fair, view and the report is limited to those matters set out in the statement below. Independent èxamlner's statement In connection with my examination. no matter has come to my attention which gives me reasonable cause to believe that in, any material respect. the requirements.. to keep accounting records in accordance with sertion 130 of the Charities Act- and to prepare account5 which accord with the accountin8 record5 and comply with the accounting requirements ot the Charities Act have not been met: or 2. to which. in my opinion, attention should be drawn in order to enable a proper understandin8 of the accounts to be reached. Please delete the words in the (brockets) if rhey do not apply Examlnerfs slgnature Examlnerfs name cApirAL£ Date Relevant professional qualif1￿tIon{SI or l>odv if ony Examlnerfs address F LIAI w ¢- LL,