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2022-12-31-accounts

St Giles Church AGM Minutes 2023 Tuesday 25[th] April 2023 7.30 pm

1. Opening Prayer

Revd Hannah Jeffery opened the meeting with prayer.

2. Appointment of Chairpersons

Revd Hannah Jeffery & Revd Noel Nhariswa were appointed joint chairs to the meeting. Proposed by Neil Clarke and seconded by Karen Dougan-Mabbutt.

3. Appointment of AGM Secretary

Katie Steel was appointed secretary to the AGM. Proposed by Hannah Jeffery and seconded by Pauline Clarke.

4. Attendance and Apologies for absence

Present - In Community Centre

Revd Hannah Jeffery Revd Noel Nhariswa Martin Lawrence Katie Steel Peter Shuker Wendy Steel Karen Dougan-Mabbutt Carol Krone Carolyn Rice Tim Jeffery Ann Window Melvyn Pereira Pauline Clarke Alan Window Mark Gudyer Bill Featherstone John Toyne Steve Burt Richard Steel Kim Rowbotham Nicky Winch Pamela Lyon Robert Parish Ralisa Hock Katharyn Shuker Peter Lyon Lista Nickason Mollie Gilyeat Clare Walters Tony Walters Linda Kenward Leigh Kenward David Cox

Valerie MacGregorAndrews Philip Rice Revd Neil Clarke Robert MacGregorAndrews Joyce Parish Wendy East Jo Moore Jo Giles Ray Milson Natasha Shackleton June Pereira

Present - On Zoom

Gloria Jinadu

Samuel Steel

Karen Lennox

Eric Lennox

Apologies

Cath Smith Stella Freeman

Elizabeth Charlotte Gudyer Featherstone

Norman Nickason

5. Minutes of the last meeting

With no amendments, the minutes of the meeting dated Thursday 28[th] April 2022 were signed as a true record. Proposed by Philip Rice and seconded by Pauline Clarke.

6. Matters Arising

There were no matters arising.

7. Election of Trustee Members

The following people were duly elected as Trustee members.

Nominee

Leigh Kenward Carolyn Rice Alan Window

Proposed By: Tim Jeffery Wendy Steel Katie Steel

Seconded by: Steve Burt Cath Smith June Periera

Pauline Clarke Martin Lawrence Ann Window

Martin Lawrence Karen Dougan-Mabbutt David Cox

Peter Lyon Wendy Steel Katie Steel

8. Election of Church Wardens

The following people were duly elected as Church Wardens.

Nominee Proposed By: Pauline Clarke Peter Lyon Steve Burt Lynne Banes-Marshall

Seconded by:

Karen Dougan-Mabbutt Kim Rowbotham

9. Election of Deputy Church Warden

The following people were duly elected as Deputy Church Wardens.

Nominee Proposed By: Seconded by: Martin Lawrence David Cox Karen Dougan-Mabbutt

10. Election of Stewards The following people were duly elected as Church Stewards.

Nominee Proposed By: Seconded by: Peter Shuker Pauline Clarke Steve Burt Ann Window Pauline Clarke Steve Burt

11. Election of Deanery Representatives The following people were duly elected as Deanery Representatives. Nominee Proposed By: Seconded by: Alan Window Jo-Anne Moore Kim Rowbotham

Thanks were extended to John Toyne, who has decided to step down from Deanery Synod this year, for all his commitment to the role.

12. Representatives to circuit meeting

Due to the size of the East Mercia circuit, it was agreed that 2 stewards from St Giles would be the reps.

Therefore, the following people were unanimously elected as Representatives to the Circuit Meeting.

Nominee Proposed By: Seconded by: Peter Shuker Pauline Clarke Revd Neil Clarke Ann Window Pauline Clarke Revd Neil Clarke

13. Deanery Synod Report

Due to a lack of meetings, no deanery synod report was submitted. There will be a service on 24[th] May at 7.30pm for Thy Kingdom Come.

14. Church Fabric Report

There were no questions regarding the circulated fabric report.

15. Church Lands Report

There were no questions regarding the circulated church lands report.

16. Desborough Town Lands & Loakes' Charity Trust Report There were no questions regarding the circulated town lands & Loakes charity report.

17. Church Membership Report

The St Giles membership figures are as follows: Anglican: 8, Methodist: 3, Joint: 135, Total: 146

18. Finance Report

(a. presentation of the accounts, b. adoption of accounts and c. appointment of an independent examiner)

a. No questions were asked. The accounts were circulated prior to the meeting. Thanks were extended to the finance team for all their work.

b. The accounts were proposed by Steve Burt, seconded by John Toyne and unanimously passed.

c. Eric Lennox was appointed as independent examiner. Proposed by Pauline Clarke and seconded by Ann Window.

19. Safeguarding

There were no questions or comments regarding safeguarding. The report was accepted.

20. Health and Safety There were no questions regarding Health & Safety.

21. Reports from the Organisations

There were no questions regarding the reports from organisations.

22. Report from the Rector

There were no questions regarding the Rector's report.

23. Report from the Minister

There were no questions regarding the Minister's report.

24. AOB

Revd Hannah Jeffery reminded everyone to sign onto the electoral roll. Forms of which were available at the meeting.

With no other business, Revd Hannah Jeffery closed the meeting with prayer.

Signed: .......................................

Date: ..........................................

St Giles Anglican and Methodist Church Desborough Financial Statements for the Year Ended 31st December 2022

Page [1]

Receipts and Payments

Unrestricted
See Notes
1
Receipts
Voluntary income
76,710.81
Activities for generating funds
5,101.00
Income from Church activities
8,744.86
Investment income
Other
1,652.92
Total receipts
92,209.59
Payments
Fundraising costs
Charitable activities
5,310.84
Ministry
69,675.67
Church maintenance
21,510.82
Administration
3,524.35
Other
918.55
Total payments
100,940.23
Net receipts against payments
(8,730.64)
Transfers between funds
1,614.60
Net after transfers
(7,116.04)
Gains/(Losses) on investments
Net Income/(Expenditure)
(7,116.04)
Funds B/f at 1st Jan 2022 [Note 5]
49,970.52
Funds C/f at 31st Dec 2022 [Note 5]
42,854.48
Statement of Assets and Liabilities
Cash Funds:
Bank accounts [see Note 4A]
CBF Deposit Fund
Cash
Investment Assets:
CBF Investment Fund - Income Units
Net Current Receivables/(Payables)
Specific Reserves
Methodist Grant [see Note 6]
Business Continuity Grant
Music Fund
Lighting, Audio Visual, Roof
Anniversary Window Fund
Memorial Garden Fund
Total Assets
Restricted
2
401.00
1,890.52
2,291.52
18.00
18.00
2,273.52
2,273.52
2,273.52
20,825.05
23,098.57
Endowment
3
0.85
0.85
0.85
0.85
(7,477.22)
(7,476.37)
61,984.52
54,508.15
Designated
7
10,779.90
5.21
10,785.11
1,423.05
426.00
1,849.05
8,936.06
(1,614.60)
7,321.46
7,321.46
24,429.25
31,750.71
Total
2022
77,111.81
15,880.90
8,744.86
1,896.58
1,652.92
105,287.07
1,423.05
5,310.84
69,675.67
21,936.82
3,542.35
918.55
102,807.28
2,479.79
2,479.79
(7,477.22)
(4,997.43)
157,209.34
152,211.91
88,719.41
30,094.08
9.78
118,823.27
52,988.31
(16,883.99)
(457.70)
(56.27)
(2,207.00)
152,206.62
Total
2021
83,811
9,697
2,160
1,560
5,684
102,911
1,084
5,329
67,612
13,483
3,750
671
91,928
10,983
10,983
7,672
18,655
138,554
157,209
84,319
28,314
6
112,638
60,466
(13,473)
(458)
(56)
(1,907)
157,209

St Giles Anglican and Methodist Church Desborough Financial Statements for the Year Ended 31st December 2022

St Giles Anglican and Methodist Church Desborough
St Giles Anglican and Methodist Church Desborough
Financial Statements for the Year Ended 31st December 2022 Page [2]
Note 1: Analysis of General [Unrestricted] Fund Receipts and Payments
2022 2021
Planned giving 56,980.69 54,398
Tax recovered 10,231.35 12,185
Loose collections 5,391.30 5,222
Donations 4,107.47 11,456
Total voluntary income 76,710.81 83,261
Community centre hire 4,317.00 2,690
Donations in lieu of centre hire 784.00
Activities for generating funds 5,101.00 2,690
Flower festival 1,666.87
Weddings 2,218.20 828
Funerals 3,346.91 1,332
Other activities 1,512.88
Income from church activities 8,744.86 2,160
Church lands 683.76 684
Miscellaneous income 969.16
Business continuity grant 5,000
Other income 1,652.92 5,684
Donations made [see Note 4D] 5,443.98 5,273
Friday family fun (133.14) 57
Mini church
Charitable activities 5,310.84 5,329
Parish share 50,544.00 50,544
Methodist assessment 14,940.00 14,670
Bereavement Counsellor 3,600.00 2,000
Clergy expenses (net) 591.67 398
Ministry 69,675.67 67,612
Church Centre
Gas 1,772.43 1,720.18 3,492.61 1,020
Electricity 1,667.41 2,077.64 3,745.05 1,410
Insurance 2,632.40 1,243.72 3,876.12 3,745
Repairs and maintenance 1,882.23 2,476.53 4,358.76 3,562
Clock
Lighting
Altar 481.78 481.78 106
Organ 189.60 189.60
Business Rates 231
Cleaning 4,361.58 4,361.58 1,978
Telephone 438.32 438.32 432
Water 408.00 408.00 414
Miscellaneous 159.00 159.00 159
Church maintenance 8,625.85 12,884.97 21,510.82 13,057
Postage and stationery 357.80 535
Photocopiers 189.01
Music 514.42 388
Youth 48.00 60
Administrator and secretary 2,406.98 2,758
Card Fees 8.14 10
Publicity
Administration 3,524.35 3,750
Awards and Gifts (15.00)
Miscellaneous 933.55 530
Other Expenditure 918.55 530

St Giles Anglican and Methodist Church Desborough Financial Statements for the Year Ended 31st December 2022

Financial Statements for the Year Ended 31st December 2022
Note 2: Restricted Funds
Funds brought forward 1st Jan. 2022
Voluntary income
Investment income
Other
Total receipts
Payments
Fund raising costs
Charitable activities
Ministry
Fabric maintenance
Administration
Other
Total payments
Net receipts against payments
Transfers between funds
Funds carried forward 31st Dec 2022
Note 3: Endowment Funds
Funds brought forward 1st Jan. 2022
Voluntary income
Investment income
Other
Total receipts
Payments
Fund raising costs
Charitable activities
Ministry
Church maintenance
Administration
Other
Total payments
Net receipts against payments
Transfers between funds
Recognised gains on investments
Funds carried forward 31st Dec 2022
Bell
8,313.24
401.00
110.03
511.03
18.00
18.00
493.03
8,806.27
Slow
60,465.53
(7,477.22)
52,988.31
Fabric
12,511.81
1,780.49
1,780.49
1,780.49
14,292.30
Tailby
1,518.99
0.85
0.85
0.85
1,519.84
Page
[3]
Totals
20,825.05
401.00
1,890.52
2,291.52
18.00
18.00
2,273.52
23,098.57
Totals
61,984.52
0.85
0.85
0.85
(7,477.22)
54,508.15

St Giles Anglican and Methodist Church Desborough Financial Statements for the Year Ended 31st December 2022

Page [4]

Note 4: Other Financial Analyses

A: Bank Accounts

The balances of the several bank accounts of the Church are as follows:-

General Fund - Santander
General Fund - Barclays
General Fund - Lloyds
Bell Fund
Craft Group
Events
Holiday Club
Magazine
Monthly Lunch
Printers
Tailby Fund
Flower Festival
Barrows and Baskets
Christmas Tree Festival
Ladies Craft Group
2022
53,634.57
1,627.05
7,188.04
8,806.27
12,522.71
535.60
1,941.64
943.69
1,519.84
88,719.41
1,666.87
1,601.58
7,158.02
10,426.47
2021
59,183
1,507
5,169
8,313
5,378
250
1,942
1,058
1,519
84,319
1,340
4,892
(266)
5,965
D: Donations

General
Mustard Seed Appeal
Diocese in Europe
J Osbourne
Love in Action
British Legion
MWIB (Sunshine)
Bishop's Charities
Childrens Society
Ukraine
WATOTO Childcare
Womens World Day of Prayer
Methodist Church Misson Fund
Civic Service
Memorial Garden
Cransley Hospice
Christian Aid
Ex Designated
Funds
Ex General
Funds
2,006.00
36.61
249.76
180.00
161.00
2,554.50
256.11
5,443.98
Total
5,443.98

St Giles Anglican and Methodist Church Desborough Financial Statements for the Year Ended 31st December 2022

Page [5]

Note 5: Analysis of Assets, Liabilities and Specific Reserves for the Year Ended 31st December 2022

Bank Accounts:
Barclays
Bells
CCLA (Bequests/Fabric)
Craft
Endowment - Slow
Endowment - Tailby
Events
Holiday Club
Lloyds
Magazine
Monthly Lunch
Printers
Santander
Cash:
Cash
Debtors/Creditors:
Accounts Receivable/Prepayments
Accounts Payable/Accruals
Specific Reserves:
Methodist Grant
Business Continuity Grant
Music Fund
Lighting, Audio Visual, Roof Funds
Anniversary Window Fund
Memorial Garden Fund
Bank Accounts:
Barclays
Bells
CCLA (Bequests/Fabric)
Craft
Endowment - Slow
Endowment - Tailby
Events
Holiday Club
Lloyds
Magazine
Monthly Lunch
Printers
Santander
Cash:
Cash
Debtors/Creditors:
Accounts Receivable/Prepayments
Accounts Payable/Accruals
Specific Reserves:
Methodist Grant
Business Continuity Grant
Music Fund
Lighting, Audio Visual, Roof Funds
Anniversary Window Fund
Memorial Garden Fund
B/F at 01/01/22
1,507.05
8,313.24
28,313.59
60,465.53
1,518.99
5,377.71
250.39
5,169.14
1,941.64
1,057.73
59,182.64
6.00
1,094.88
(14,568.22)
(457.70)
(56.27)
(1,907.00)
157,209.34
C/F at 31/12/22
1,627.05
8,806.27
30,094.08
52,988.31
1,519.84
12,522.71
535.60
7,188.04
1,941.64
943.69
53,634.57
9.78
(16,883.99)
(457.70)
(56.27)
(2,207.00)
152,206.62
Unrestricted
1,507.05
5,169.14
59,182.64
6.00
1,094.88
(14,568.22)
(457.70)
(56.27)
(1,907.00)
49,970.52
Unrestricted
1,627.05
7,188.04
53,634.57
9.78
(16,883.99)
(457.70)
(56.27)
(2,207.00)
42,854.48
Designated
15,801.78
5,377.71
250.39
1,941.64
1,057.73
24,429.25
Designated
15,801.78
12,522.71
535.60
1,941.64
943.69
31,745.42
Restricted
8,313.24
12,511.81
20,825.05
Restricted
8,806.27
14,292.30
23,098.57
Endowment
60,465.53
1,518.99
61,984.52
Endowment
52,988.31
1,519.84
54,508.15

Note 6: Methodist Grant

In March 2018, St Giles Church Desborough received a grant of £20,000 from the Kettering and Corby Methodist Circuit to be split equally between the cost of employing a Bereavement Counsellor and to assist with certain capital projects (Lighting and Audio Visual Equipment). During 2022, the Church has utilised £0 of this grant (2021 - £1,600), and at the end of the year the remaining reserved grant was £0 (2021 - £0).

St Giles Anglican and Methodist Church Desborough Financial Statements for the Year Ended 31st December 2022

Page [6]

Note 7: Designated Funds

Funds brought forward 1st Jan. 2022
Voluntary income
Activities for generating funds
Income from Church activities
Investment income
Other
Total receipts
Fund raising costs
Charitable activities [see note 5]
Ministry
Church maintenance
Administration
Total payments
Net receipts/(payments)
Transfers between funds
Funds carried forward 31st Dec 2022
Bequests
15,801.78
0.00
0.00
0.00
15,801.78
Events
5,377.71
9,858.10
9,858.10
1,098.50
1,098.50
8,759.60
(1,614.60)
12,522.71
Holiday
Club
250.39
608.80
0.96
609.76
324.55
324.55
285.21
535.60
Magazine
1,941.64
4.00
1.29
5.29
0.00
5.29
1,946.93
Printers
1,057.73
309.00
2.96
311.96
426.00
426.00
(114.04)
0.00
943.69
Totals
24,429.25
0.00
10,779.90
0.00
5.21
0.00
10,785.11
1,423.05
0.00
0.00
426.00
0.00
1,849.05
8,936.06
(1,614.60)
31,750.71

E G A & K LENNOX 183 Dunkirk Avenue, Desborough, Kettering, Northants NN14 2PR Tel: 01536 761413

Email: eric.lennox@virginmedia.com

The Trustees, St Giles Church Desborough Lower Street Desborough Northants NN14 2NP

6[th] April 2023

To the Trustees of St Giles Church Desborough:

INDEPENDENT EXAMINER’S REPORT

I have examined the attached Receipts and Payments Account and Statement of Assets and Liabilities for St Giles Church Desborough for the year ended 31[st] December 2022 with the books and records produced to me by the Honorary Treasurer and confirm them to be in accordance therewith.

The Statement of Assets and Liabilities sets out the position of St Giles Church Desborough as at 31[st] December 2022 and the Receipts and Payments Account shows the Income and Expenditure arising during the year to 31[st] December 2022.

Eric G Lennox BA ACA Independent Accounts Examiner