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2023-12-31-accounts

St Giles Church AGM Minutes 2022 Thursday 28[th] April 2022 7.30 pm

1. Opening Prayer

Rev Neil Clarke opened the meeting with prayer.

2. Appointment of Chairpersons

Rev Neil Clarke explained that prior to going on sick leave, Hannah Jeffery requested that he take her place as co-chair of the AGM.

Rev Neil Clarke & Rev Noel Nhariswa were appointed joint chairs to the meeting. Proposed by Karen Dougan-Mabbutt and seconded by Wendy Steel.

3. Appointment of AGM Secretary

Katie Steel was appointed secretary to the AGM. Proposed by Steve Burt and seconded by Wendy Steel.

4. Attendance and Apologies for absence

Present - In Community Centre

Rev Neil Clarke Rev Noel Nhariswa Martin Lawrence James Spencer Katie Steel Peter Shuker Wendy Steel Philip Rice Karen Dougan-Mabbutt Carol Krone Carolyn Rice Cath Smith Marian Heygate Ann Window Melvyn Pereira Daphne Lane Pauline Clarke Alan Window Helen Burt Joyce Parish Bill Featherstone John Toyne Steve Burt Wendy East Richard Steel Kim Rowbotham Peter Lyon Jo Moore Pamela Lyon Bob Parish Rev Sophie Cowan

Present - On Zoom

Brian Yeomans Samuel Steel Stella Freeman Nicki Winch Mike Littler Teresa Littler Pat Watkin Peter Watkin David Cox Joan Cox June Pereira Gloria Jinadu Apologies Lynne Bannes-Marshal Rev Hannah Jeffery Karen Lennox Eric Lennox Katharyn Shuker Rev Steve Heygate

An apology was issued with regards to a couple of reports being inaccurate due to a copy/paste error during production. An updated Methodist Minister report was circulated prior to the meeting. The Annual Accounts and reports booklet will be updated and re-circulated after the meeting.

5. Minutes of the last meeting

With no amendments, the minutes of the meeting dated Thursday 29[th] April 2021 were signed as a true record. Proposed by Karen Dougan-Mabbutt and seconded by John Toyne.

6. Matters Arising

There were no matters arising.

7. Election of Trustee Members

The following people were duly elected as Trustee members.

Nominee Proposed By: Seconded by: June Periera Cath Smith Kim Rowbotham David Cox Steve Burt Bill Featherstone Peter Shuker Samuel Steel Pauline Clarke Karen Lennox Pauline Clarke Wendy Steel Kim Rowbotham Pauline Clarke Alan Window

Neil Clarke announced that Mike Littler intends to step down as Treasurer at the end of the year (December 2022), as so will be co-opted onto the council in May. This will leave space for new people to become trustee's.

8. Election of Church Wardens

The following people were duly elected as Church Wardens.

Nominee Proposed By: Seconded by: Pauline Clarke Kim Rowbotham Karen Dougan-Mabbutt Steve Burt David Cox Pauline Clarke

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 Bill Featherstone

10. Election of Stewards

The following people were duly elected as Church Stewards.

Nominee Proposed By: Seconded by: Peter Shuker Katie Steel Stella Freeman Ann Window Stella Freeman Danny Seago

11. Election of Deanery Representatives

The following people were duly elected as Deanery Representatives.

Nominee Proposed By: Seconded by: Alan Window Philip Rice Pauline Clarke

12. Representatives to circuit meeting

Due to the creation of the East Mercia Super Circuit, the current reps will continue in their roles until September 2022. At this time, due to the size of the new circuit, only 1 steward and the Treasurer may be circuit reps. However, due to Mike Littler stepping down, it was agreed that 2 stewards from St Giles would be acceptable.

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

Nominee Proposed By: Peter Shuker Pauline Clake Ann Window Pauline Clarke

Seconded by: Steve Burt Steve Burt

13. Deanery Synod Report

Due to a lack of meetings, no deanery synod report was submitted.

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

Due to there being no revision of the electoral roll and new people welcomed to the church, it is difficult to give an accurate figure on membership. When the numbers are finalised, the membership figures will be published. It is believed our membership has increased.

18. Finance Report

c. Eric Lennox was appointed as independent examiner. Proposed by Alan Window and seconded by Philip Rice.

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

There were no items of any other business.

With no other business, Rev Noel Nhariswa closed the meeting with prayer.

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

Date: 25th April 2023

St Giles Anglican and Methodist Church Desborough Financial Statements for the Period Ended 31st December 2023

Page [1]

Receipts and Payments

Unrestricted
See Notes
1
Receipts
Voluntary income
91,050.45
Activities for generating funds
5,127.00
Income from Church activities
9,280.09
Investment income
Other
688.76
Total receipts
106,146.30
Payments
Fundraising costs
Charitable activities
7,744.00
Ministry
70,995.04
Church maintenance
31,461.52
Administration
4,767.25
Other
891.81
Total payments
115,859.62
Net receipts against payments
(9,713.32)
Transfers between funds
3,765.02
Net after transfers
(5,948.30)
Gains/(Losses) on investments
Net Income/(Expenditure)
(5,948.30)
Funds B/f at 1st Jan 2023 [Note 5]
42,954.48
Funds C/f at 31st Dec 2023 [Note 5]
37,006.18
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
385.00
2,856.19
3,241.19
428.60
428.60
2,812.59
2,812.59
2,812.59
23,290.68
26,103.27
Endowment
3
49.32
49.32
49.32
49.32
5,378.57
5,427.89
54,527.28
59,955.17
Designated
7
9,061.42
28.55
9,089.97
1,317.32
426.00
1,743.32
7,346.65
(3,765.02)
3,581.63
3,581.63
31,750.71
35,332.34
Total
2023
91,435.45
14,188.42
9,280.09
2,934.06
688.76
118,526.78
1,317.32
7,744.00
70,995.04
31,887.52
5,195.85
891.81
118,031.54
495.24
495.24
5,378.57
5,873.81
152,523.15
158,396.96
87,805.33
32,870.79
10.75
120,686.87
58,366.88
(17,335.03)
(457.70)
(56.27)
(2,807.79)
158,396.96
Total
2022
77,112
15,881
8,745
2,108
1,653
105,498
1,423
5,311
69,676
21,837
3,542
919
102,707
2,791
2,791
(7,477)
(4,686)
157,209
152,523
88,744
30,286
10
119,040
52,988
(16,784)
(458)
(56)
(2,207)
152,523

St Giles Anglican and Methodist Church Desborough Financial Statements for the Period Ended 31st December 2023

St Giles Anglican and Methodist Church Desborough
St Giles Anglican and Methodist Church Desborough
St Giles Anglican and Methodist Church Desborough
Financial Statements for the Period Ended 31st December 2023 Page [2]
Note 1: Analysis of General [Unrestricted] Fund Receipts and Payments
2023 2022
Planned giving 59,462.13 56,981
Tax recovered 12,299.07 10,231
Loose collections 6,346.93 5,391
Donations 12,942.32 4,107
Total voluntary income 91,050.45 76,711
Community centre hire 5,015.00 4,317
Donations in lieu of centre hire 112.00 784
Activities for generating funds 5,127.00 5,101
Flower festival 2,063.88 1,667
Weddings 3,099.60 2,218
Funerals 3,706.61 3,347
Other activities 410.00 1,513
Income from church activities 9,280.09 8,745
Church lands 683.76 684
Miscellaneous income 5.00 969
Business continuity grant
Other income 688.76 1,653
Donations made [see Note 4D] 7,744.00 5,444
Friday family fun (133)
Mini church
Charitable activities 7,744.00 5,311
Parish share 50,544.00 50,544
Methodist assessment 15,697.33 14,940
Bereavement Counsellor 3,600.00 3,600
Clergy expenses (net) 1,153.71 592
Ministry 70,995.04 69,676
Church Centre
Gas 1,929.47 2,711.01 4,640.48 3,493
Electricity 1,672.54 2,017.92 3,690.46 3,745
Insurance 1,988.34 2,337.53 4,325.87 3,876
Repairs and maintenance 2,325.83 11,105.38 13,431.21 4,259
Clock
Lighting
Altar 421.44 421.44 482
Organ 213.03 213.03 190
Business Rates
Cleaning 3,679.14 3,679.14 4,362
Telephone 456.89 456.89 438
Water 603.00 603.00 408
Miscellaneous 159
Church maintenance 8,550.65 22,910.87 31,461.52 21,411
Postage and stationery 912.16 358
Photocopiers 96.85 189
Music 464.98 514
Youth 159.00 48
Administrator and secretary 3,022.70 2,407
Card Fees 111.56 8
Publicity
Administration 4,767.25 3,524
Awards and Gifts (15)
Miscellaneous 891.81 934
Other Expenditure 891.81 919

St Giles Anglican and Methodist Church Desborough Financial Statements for the Period Ended 31st December 2023

Financial Statements for the Period Ended 31st December 2023
Note 2: Restricted Funds
Funds brought forward 1st Jan. 2023
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 2023
Note 3: Endowment Funds
Funds brought forward 1st Jan. 2023
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 2023
Bell
8,806.27
385.00
271.59
656.59
428.60
428.60
227.99
9,034.26
Slow
52,988.31
5,378.57
58,366.88
Fabric
14,484.41
2,584.60
2,584.60
2,584.60
17,069.01
Tailby
1,538.97
49.32
49.32
49.32
1,588.29
Page
[3]
Totals
23,290.68
385.00
2,856.19
3,241.19
428.60
428.60
2,812.59
26,103.27
Totals
54,527.28
49.32
49.32
49.32
5,378.57
59,955.17

St Giles Anglican and Methodist Church Desborough Financial Statements for the Period Ended 31st December 2023

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
2023
41,013.85
16,638.37
9,034.26
18,496.09
508.16
526.31
1,588.29
87,805.33
2,063.88
1,644.91
6,025.68
9,734.47
2022
53,635
1,627
7,188
8,806
12,523
536
1,947
944
1,539
88,744
1,667
1,602
7,158
10,426

C: The clergy expenses for St Giles are shown net of the expenses (and refunds of those expenses) made by the other three parishes. This means the amount of clergy expenses for St Giles are clearly seen.

D: Donations


General
Mustard Seed Appeal
Diocese in Europe
CAP
Funerals
RC Kettering Huxloe - Agona Swedru, Ghana
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
2,053.00
2,000.00
2,265.00
1,000.00
20.00
350.00
56.00
7,744.00
Total
7,744.00

St Giles Anglican and Methodist Church Desborough Financial Statements for the Period Ended 31st December 2023

Page [5]

Note 5: Analysis of Assets, Liabilities and Specific Reserves for the Year Ended 31st December 2023

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 01/01/23
1,627.05
8,806.27
30,286.19
52,988.31
1,538.97
12,522.71
535.60
7,188.04
1,946.93
943.69
53,634.57
9.78
(16,783.99)
(457.70)
(56.27)
(2,207.00)
152,523.15
C/F at 31/12/23
9,034.26
32,870.79
58,366.88
1,588.29
18,496.09
508.16
16,638.37
526.31
41,013.85
10.75
2,493.67
(19,828.70)
(457.70)
(56.27)
(2,807.79)
158,396.96
Unrestricted
1,627.05
7,188.04
53,634.57
9.78
(16,783.99)
(457.70)
(56.27)
(2,207.00)
42,954.48
Unrestricted
16,638.37
41,013.85
10.75
2,493.67
(19,828.70)
(457.70)
(56.27)
(2,807.79)
37,006.18
Designated
15,801.78
12,522.71
535.60
1,946.93
943.69
31,750.71
Designated
15,801.78
18,496.09
508.16
526.31
35,332.34
Restricted
8,806.27
14,484.41
23,290.68
Restricted
9,034.26
17,069.01
26,103.27
Endowment
52,988.31
1,538.97
54,527.28
Endowment
58,366.88
1,588.29
59,955.17

St Giles Anglican and Methodist Church Desborough Financial Statements for the Period Ended 31st December 2023

Page [6]

Note 7: Designated Funds

Funds brought forward 1st Jan. 2023
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 2023
Bequests
15,801.78
0.00
0.00
0.00
15,801.78
Events
12,522.71
8,490.22
8,490.22
819.63
819.63
7,670.59
(1,697.21)
18,496.09
Holiday
Club
535.60
571.20
4.05
575.25
497.69
497.69
77.56
(105.00)
508.16
Magazine
1,946.93
15.88
15.88
0.00
15.88
(1,962.81)
0.00
Printers
943.69
8.62
8.62
426.00
426.00
(417.38)
526.31
Totals
31,750.71
0.00
9,061.42
0.00
28.55
0.00
9,089.97
1,317.32
0.00
0.00
426.00
0.00
1,743.32
7,346.65
(3,765.02)
35,332.34

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 2024

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 2023 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 2023 and the Receipts and Payments Account shows the Income and Expenditure arising during the year to 31[st] December 2023.

Eric G Lennox BA ACA

Independent Accounts Examiner