**Charity Registration No. 1184551**
**The Parochial Church Council of the Ecclesiastical Parish of St Margaret’s, Aspley Nottingham**
**Trustees’ Report and financial statements For the year ended 31 December 2023**
**The Parochial Church Council of the Ecclesiastical Parish of St Margaret’s, Aspley Nottingham**
## **Contents**
||**Page**|
|---|---|
|Trustees’ and charity information|1|
|Trustees’ report|2|
|Independent examiner’s report|5|
|Statement of financial activities|6|
|Balance sheet|7|
|Notes to the financial statements|8|
**The Parochial Church Council of the Ecclesiastical Parish of St Margaret’s, Aspley Nottingham**
## **Trustees’ and charity information**
## **Full Name**
The Parochial Church Council of the Ecclesiastical Parish of St Margaret’s Aspley (Nottingham)
## **Registered Charity Number - 1184551**
## **Principle Address**
St Margaret’s Church, Aspley Lane, Nottingham NG8 5GE
## **Trustees**
Revd Rich Atkinson Ian Shipley – Warden Karen Shipley – Warden Christine Willis – Secretary/Treasurer David Adcock Helen Ballinger Pam Bartlett Alan Finch Rita Finch – resigned 14/05/2023 Andy Pearson John Wilmshurst Anna Clarke – resigned 2/4/2023 Shahid Javid Rev Emmaline Walford Neil Thompson Peter Fox Revd Laura Ward – appointed 19/9/2023 Revd Dan Bishop – appointed 19/9/2023
## **Bankers**
Lloyds Bank, PO Box 1000, Andover BX1 1LT (Parliament Street Branch Nottingham). CCLA Investment Management Ltd, Senator House, 85 Queen Victoria Street, London EC4V 4ET.
## **Independent Examiner**
McJoy Nkhoma (Honorary Independent Examiner)
Page 1
**The Parochial Church Council of the Ecclesiastical Parish of St Margaret’s, Aspley Nottingham**
## **Trustees’ report For the year ended 31 December 2023**
The trustees present their annual report and financial statements of the charity for the year ended 31 December 2023.
## **Legal status and constitution**
The Parochial Church Council of the Ecclesiastical Parish of St Margaret’s, Aspley Nottingham, also known as St Margaret’s PCC, is an unincorporated charity governed by the PCC (powers) measure 1956 and the Church of England representation rules. It was registered with the Charities Commission on 23 July 2019 and its registration number is 1184551.
## **Achievements and financial review**
The charity generated income of £236,949 (2022: £258,552) during the year, income from planned giving and gift aid increased on previous years but lettings were reduced due to issues with hall heating. Grants and associated expenditure related to the development of St Margaret’s as a resource church no longer appear in these accounts due to the creation of a separate Joint Churches Council at the end of 2022. This has reduced income and expenditure in the year. Additional funds, both grants and donations were raised for building works to the church for the purpose of creating new accessible toilet facilities and this work has been partially completed in 2023.
Total expenditure was £282,092 (2022: £273,195) and of this total £137,699 (2022: £115,182) was spent from unrestricted funds on the ordinary activities of the church and £144,393 (2022: £153,528) was spent from restricted funds, this year this was predominantly on the building works discussed above.
At the year end the charity held unrestricted reserves of £34,268 (2022: £48,341).
## **Structure, governance and management**
The activity of the PCC is governed by the PCC (powers) measure 1956 and the Church of England representation rules.
All PCC members are trustees. PCC members are elected according to church representation rules of the Church of England (PCC measures 1956). They are recruited by election carried out under church representation guidelines. Those eligible for voting are on the Electoral Roll of the Parish of St Margaret’s Aspley. The number of trustees elected is calculated based on the size of Electoral Roll. All Trustees are required to complete and sign a fit and proper persons’ declaration.
In planning the activities of the charity, the Trustees have given due regard to the Charity Commission’s guidance on public benefit. The Trustees believe that the activities of the charity in the period confirm its ability to provide current and on-going benefit to the public.
Page 2
**The Parochial Church Council of the Ecclesiastical Parish of St Margaret’s, Aspley Nottingham**
## **Trustees’ report (continued) For the year ended 31 December 2023**
## **Objectives and Activities**
The PCC of St Margaret’s Aspley Mission Statement is “Blessing Aspley, Nottingham and beyond”.
## **Summary of the main activities undertaken for the public benefit**
The activities of the PCC are those of the Church of England, namely: (1) proclaiming the Good News of the Kingdom, through Christian witness; (2) seeking to transform unjust structures in society; (3) seeking to safeguard the integrity of all creation.
- We engage with the local community through worship, mission, pastoral care and social activities.
- We offer use of our halls and buildings to community groups.
- Our church is open during the week to support different age groups in a variety of activities together with worship for all ages on a Sunday.
- We seek to support those in need both physically and mentally.
- We offer pastoral services such as baptisms, weddings, funerals.
- We are funded by donations, grants and fundraising.
## **Summary of main achievements during the period**
Our Parish comprises of the Church and 2 Church Halls
- Number on Electoral Roll as at 14 May 2023 – 122
- Live services performed throughout the year including You Tube links.
- Special services held: 7 Baptisms; 3 Weddings/Wedding Blessings; 6 Funerals.
- Our church is regularly open for visitors.
- We collect foodstuffs for our foodbank (part of the Hope Nottingham franchise).
- We supported local and international charities through charitable giving.
- We hold regular courses promoting Christian values which are open to all.
- We now hold a weekly Community Café within the church with mentoring, debt advice and citizen’s advice services alongside.
- We have undertaken building development to the church in order to improve our accessible toilet facilities.
Page 3
**The Parochial Church Council of the Ecclesiastical Parish of St Margaret’s, Aspley Nottingham**
**Trustees’ report (continued) For the year ended 31 December 2023**
## **Statement of trustees’ responsibilities**
The trustees are responsible for preparing the Trustees’ Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
The law applicable to charities in England & Wales 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 charity and of the income and expenditure of the charity for that period. In preparing these financial statements, the trustees are required to:
-
- select suitable accounting policies and then apply them consistently;
- observe the methods and principles in the Charities SORP (FRS 102);
- make judgements and estimates that are reasonable and prudent;
- state whether applicable accounting standards have been followed, subject to any material 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 charity will continue in business.
The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011, applicable accounting regulations, and the provisions of the governing document. They are also responsible for safeguarding the assets of the charity and taking reasonable steps for the prevention and detection of fraud and other irregularities.
## **Reserves policy**
The trustees have a policy of maintaining unrestricted reserves at a minimum equal to 3 months expenditure, unrestricted reserves are short of this target by around £3,204.
## **Risk management**
The trustees have examined the major strategic, business and operational risks which the charity faces and confirm that systems have been, or will be, established to enable the necessary steps to be taken to lessen these risks. There is always a risk that income from regular giving can fall if members sadly die or move out of the Parish. The PCC tries to ensure that sufficient funds are left in reserve for upkeep of the three buildings in the Parish. We might be financially challenged should unavoidable multiple major repairs be needed all at the same time.
Signed on behalf of the Board of Trustees’ on 19[th] May 2024.
........................................... Chris Willis **Trustee**
Page 4
**The Parochial Church Council of the Ecclesiastical Parish of St Margaret’s, Aspley Nottingham**
## **Independent examiner’s report to the trustees For the year ended 31 December 2023**
I report to the trustees on my examination of the accounts of The Parochial Church Council of the Ecclesiastical Parish of St Margaret’s, Aspley Nottingham (the Charity) for the period ended 31 December 2023.
## **Respective responsibilities of the PCC**
The PCC of the Ecclesiastical Parish of St Margaret’s, Aspley Nottingham are responsible for the preparation of the accounts. The PCC consider that an audit is not required for this year under section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed.
## **Respective responsibilities of the Examiner**
It is my responsibility to:
- examine the accounts under section 145 of the Charities Act,
- to follow the procedures laid down in the general Directions given by the Charity Commission (under section 145(5)(b) of the Charities Act, and
- to state whether particular matters have come to my attention.
## **Basis of independent examiner’s report**
My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given 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 examiner’s statement**
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
1. accounting records were not kept in respect of the Charity as required by section 130 of the Act; or
2. the accounts do not accord with those records; or
3. the accounts do 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.
Signed: Date: 15[th] May 2024
McJoy C Nkhoma FCCA, FMAAT, CIPFA Dip (Honorary Independent Examiner)
Page 5
## **The Parochial Church Council of the Ecclesiastical Parish of St Margaret’s, Aspley Nottingham**
## **Statement of financial activities For the year ended 31 December 2023**
|**Note**
**Income from**
Voluntary income
**2/5**
Activities for generating
funds
**2**
Income from
investments
**2**
Church activities
**2**
**Total income**
**Expenditure on**
Raising funds
Church activities
**3**
Fund balances paid to
JCC
**Total expenditure**
**Movement between**
**funds**
**Net income and net**
**movement in funds**
Total funds brought
forward
**Total funds carried**
**forward**
**9**|**Unrestricted**
**Funds**
**2023**
**£**
95,871
23,129
-
1,548
120,548
-
137,699
-
137,699
3,078
(14,073)
48,341
34,268|**Restricted**
**Funds**
**2023**
**£**
110,815
360
741
4,485
116,401
-
144,393
-
144,393
(3,078)
(31,070)
76,273
45,203|**Total**
**Funds**
**2023**
**£**
206,686
23,489
741
6,033
236,949
-
282,092
-
282,092
-
(45,143)
124,614
79,471|**Total**
**Funds**
**2022**
**£**
217,253
36,089
37
5,173|
|---|---|---|---|---|
|||||258,552|
|||||-
229,772
43,423|
|||||273,195|
|||||-
(14,643)
139,257
124,614|
The notes on pages 8 to 15 form part of these financial statements.
The statement of financial activities contains all recognised gains and losses for the financial year.
The results for the year all relate to continuing activities.
Page 6
## **The Parochial Church Council of the Ecclesiastical Parish of St Margaret’s, Aspley Nottingham**
## **Balance sheet As at 31 December 2023**
|**Note**
**Fixed assets**
**6**
Hall Fixtures and fittings
Office Equipment
**Current assets**
Debtors
**7**
Cash at bank and in hand
**Current liabilities**
Creditors: amounts falling due
within one year
**8**
**Net current assets**
**Net assets**
**Funds**
Restricted funds
**9**
Unrestricted fund
**10**
**Total funds**|**2023**
**£**
3,052
2,769
5,758
109,168
114,926
41,276|
**£**
5,821
73,650
79,471
45,203
34,268
79,471|**2022**
**£**
**£**
-
-
10,576
161,490
172,066
47,452
124,614
124,614
76,273
48,341
124,614|**2022**
**£**
**£**
-
-
10,576
161,490
172,066
47,452
124,614
124,614
76,273
48,341
124,614|
|---|---|---|---|---|
|||||124,614|
|||||76,273
48,341|
|||||124,614|
Approved by the Board of Trustees on 19[th] May 2024 and signed on its behalf by:
........................................... Chris Willis
## **Trustee**
The notes on pages 8 to 15 form part of these financial statements
Page 7
**The Parochial Church Council of the Ecclesiastical Parish of St Margaret’s, Aspley Nottingham**
## **Notes to the financial statements For the year ended 31 December 2023**
## **1. Principal accounting policies**
## **1.1**
## **Accounting convention**
The financial statements 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. The financial statements have been prepared in 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) effective January 2019 and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011.
Advantage has been taken of the exemption for charities with income less than £500,000 from preparing a cash flow statement under SORP (FRS 102) Update Bulletin 1 (issued February 2016).
The charity constitutes a public benefit entity as defined by FRS 102.
The trustees consider that there are no material uncertainties about the charity’s ability to continue as a going concern.
## **1.2 Fixed Assets**
_Consecrated Land and buildings and moveable church furnishings_
Consecrated and benefice property of any kind is excluded from the accounts by Section 10(2)(a) and (c) of the Charities Act 2011.
No value is placed on moveable church furnishings held by the churchwardens on special trust for the PCC and which require a faculty for disposal since the PCC considers this to be inalienable property. All expenditure incurred during the year on consecrated or beneficed buildings and moveable church furnishings, whether maintenance or improvement is written off as incurred.
_Equipment and other fixtures and fittings_
Equipment used for church purposes is depreciated on a reducing balance basis at 25% per year. Individual items of equipment with a purchase price of £1,000 or less are written off in the period in which the asset is acquired.
## **1.3 Income**
Donation income is recognised in the year in which the charity is entitled to receipt and the amount can be measured with reasonable certainty.
Trading income, including sponsorship income, is recognised when the charity is entitled to receipt and the amount can be measured with reasonable certainty.
Grant income is recognised on receipt unless it is granted subject to performance criteria, where performance criteria exist it is deferred until those criteria have been met.
Page 8
**The Parochial Church Council of the Ecclesiastical Parish of St Margaret’s, Aspley Nottingham**
## **Notes to the financial statements For the year ended 31 December 2023 (continued)**
## **1. Principal accounting policies**
## **(continued)**
## **1.4 Expenditure**
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that settlement will be required and the amount of the obligation can be measured reliably.
All costs can be directly attributed to an expense category.
Grants payable are payments made to third parties in the furtherance of the charitable objects of the constitution. In the case of an unconditional grant offer this is accrued once the recipient has been notified of the grant award. The notification gives the recipient a reasonable expectation that they will receive the one-year or multi-year grant. Grants awards that are subject to the recipient fulfilling performance conditions are only accrued when the recipient has been notified of the grant and any remaining unfulfilled condition attaching to that grant is outside of the control of the charity.
Provisions for grants are made when the intention to make a grant has been communicated to the recipient but there is uncertainty as to the timing of the grant or the amount of grant payable.
Irrecoverable VAT is charged against the category of resources expended for which it was incurred.
## **1.5 Taxation**
The Parochial Church Council of the Ecclesiastical Parish of St Margaret’s, Aspley Nottingham is a registered charity and is not liable to United Kingdom income tax or corporation tax on its charitable activities.
## **1.6 Funds**
Restricted funds represent voluntary income or grants which have been received for the purposes set out in note 9. The application of these funds is restricted by the expressed wishes of the donor or the terms of the grant.
Unrestricted funds are donations and other income receivable or generated for the objects of the charity without specified purpose.
## **1.7 Financial instruments**
The charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method. The charity does not currently have any bank loans.
Page 9
**The Parochial Church Council of the Ecclesiastical Parish of St Margaret’s, Aspley Nottingham**
## **Notes to the financial statements For the year ended 31 December 2023 (continued)**
|**2.**
**Income**
**(a) Voluntary Income**
**Planned giving:**
Covenants and pledges
Tax recoverable
Other
Collections
Grants (note 5)
**(b) Activities for generating**
**funds**
Lettings
Feed-in tariff
Fundraising activities
**(c) Income from**
**Investments**
Bank Interest
**(d) Income from church**
**activities**
Church fees
Church Events
**TOTAL INCOME**|**Unrestricted**
**funds**
**£**
59,004
15,453
10,020
5,644
5,750
95,871
20,859
2,270
-
23,129
-
-
1,548
-
1,548
**120 548**|**Restricted**
**funds**
**£**
4,670
3,771
24,818
316
77,240
110,815
-
-
360
360
741
741
-
4,485
4,485
**116,401**|**TOTAL**
**2023**
**£**
63,674
19,224
34,838
5,960
82,990
206,686
20,859
2,270
360
23,489
741
741
1,548
4,485
6,033
**236,949**|**TOTAL**
**2022**
**£**
61,884
17,358
13,252
5,081
119,678|
|---|---|---|---|---|
|||||217,253|
|||||23,325
3,411
9,353|
|||||36,089|
|||||37|
|||||37|
|||||1,358
3,815|
|||||5,173|
||||||
|||||**258,552**|
Page 10
**The Parochial Church Council of the Ecclesiastical Parish of St Margaret’s, Aspley Nottingham**
## **Notes to the financial statements For the year ended 31 December 2023 (continued)**
|**3.**
**Expenditure**
**(a) Church activities**
Mission giving
Mission & evangelism
Parish Share
Joint Church Council
Staff Costs 4
Clergy & staff expenses
Church running costs:
Utilities
Maintenance
Office facilities
Depreciation
Church improvements
**TOTAL EXPENDITURE**|**Unrestricted**
**funds**
**£**
-
5,421
36,259
30,000
24,147
4,009
18,173
9,028
10,105
557
-
**137,699**|**Restricted**
**funds**
**£**
1,386
7,890
-
-
-
22
-
-
9
-
135,086
**144,393**|**TOTAL**
**2023**
**£**
1,386
13,311
36,259
30,000
24,147
4,031
18,173
9,028
10,114
557
135,086
**282,092**|**TOTAL**
**2022**
**£**
88
38,413
34,296
-
113,887
5,126
11,312
13,616
13,034
-
-
**229,772**|
|---|---|---|---|---|
During the year significant improvement works were undertaken to the church building to create new toilet facilities including an accessible toilet. As per the church policy on work to consecrated buildings this work is written off as incurred.
## **4. Staff Costs**
|Wages and salaries
Employment taxes
Pension costs
Average no. of employees|**2023**
**£**
24,123
-
24
24,147
3|**2022**
**£**
110,893
1,439
1,555
113,887
17|
|---|---|---|
During the year the PCC employed a verger, an administrator two caretakers and a cleaner, all other staff were transferred to the Joint Council under the Transfer of Undertakings (protection of Employment) Regulations 2006 amended 2014. The trustees are considered to be the key management personnel of the charity. No trustee expenses were reimbursed during the year (2022: £nil). No trustee received any remuneration during the year.
Page 11
**The Parochial Church Council of the Ecclesiastical Parish of St Margaret’s, Aspley Nottingham**
## **Notes to the financial statements**
**For the year ended 31 December 2023 (continued)**
|**5.**
**Grants received**
SDF Grant
Anonymous
Benefact Trust
Nottingham City Mission
Church Revitalisation Trust
Bernard Sulley Foundation
National Grid
Diocesan Energy Grant
Holiday club
Youth church
Growing Disciples
Bilborough & Strelley PCC|**2023**
**2023**
**2023**
**2022**
**Unrestricted**
**Restricted**
**TOTAL**
**TOTAL**
**£**
**£**
**£**
**£**
40,000
40,000
61,874
10,000
10,000
8,000
,5,100
5,100
-
300
300
-
1,840
1,840
1,303
10,000
10,000
-
10,000
10,000
-
5,750
-
5,750
-
-
-
27,812
-
-
17,540
-
-
2,869
-
-
280|
|---|---|
||5,750
77,240
82,990
119,678|
Page 12
**The Parochial Church Council of the Ecclesiastical Parish of St Margaret’s, Aspley Nottingham**
## **Notes to the financial statements For the year ended 31 December 2023 (continued)**
|**6.**
**Tangible Fixed Assets**
**Cost**
At 1 January 2022
Additions
Disposal
As at 31 December 2023
**Depreciation**
At 1 January 2022
Charge for the year
Disposals
As at 31 December 2023
**Net Book Value**
As at 31 December 2022
As at 31 December 2023|**Fixtures**
**Equipment**
**Total**
**£**
**£**
**£**
-
-
3,078
3,300
6,378
-
-|
|---|---|
||3,078
3,300
6,378|
||-
-
-
26
,531
557
-
-|
||26
531
557|
||-
-
-|
||3,052
2,769
5,821|
While the PCC has a duty of care to maintain the church buildings and land they are not owned by the PCC and have therefore not been included in these accounts as heritage assets.
## **7. Debtors**
|Accounts Receivable
Prepayments and other debtors
Gift aid receivable
**8.**
**Creditors: amounts falling due within one year**
Accounts Payable
Other creditors
Joint church Council Funds held in trust
Accruals|**2023**
**£**
388
1,079
4,291
5,758
**2023**
**£**
5,457
-
-
35,819
41,276|**2022**
**£**
4,139
2,540
3,897
10,576
**2022**
**£**
3,075
3,198
39,321
1,858
47,452|
|---|---|---|
Page 13
**The Parochial Church Council of the Ecclesiastical Parish of St Margaret’s, Aspley Nottingham**
## **Notes to the financial statements**
**For the year ended 31 December 2023 (continued)**
|**9.**
**Restricted funds**|||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
||**Balance at 31**
**December**||
**Income**||**Expenditure**||||**Transfer**
**out**||**Balance at 31**
**December**||
|||**2022**||||||||||**2023**|
||**£**|||**£**||**£**|||**£**||**£**||
|Mission Fund: Community Café|3,004|||-||825|||-|||2,179|
|Mission Fund: Food Bank||207||1,512||1,719|||-|||-|
|Mission Fund: Growing Disciples||474||-|||34||-|||440|
|Building Fund|71,608||95,854|||135,095|||-||32,367||
|Security Funds||700||-||-|||-|||700|
|Other||280||410||638|||-|||52|
|After School Church||||500||244|||-|||256|
|Focus||||1,960||1,392|||-|||568|
|National Grid|||10,000|||-|||3,078|||6,922|
|Spring Harvest||||4,365||4,365|||-|||-|
|Staff Wellbeing||||1,800|||81||-|||1,719|
||76,273||116,401|||144,393|||3,078||45,203||
|**Balance at 31**
**December**
**2021**||
**Income**||**Expenditure**
**Transfer**
**out**|||||**Transfer to**
**Joint**
**Council**||**Balance at 31**
**December**
**2022**||
||**£**||**£**||**£**||**£**||**£**||**£**||
|Mission Fund: Love Christmas|1,201||-||687|||-|514|||-|
|Mission Fund: Community Café|169||3,000||165|||-||-||3,004|
|Mission Fund: Food Bank|-||1,528||1,321|||-||-||207|
|Mission Fund: Growing Disciples|-||2,869||2,395|||-||-||474|
|Building Fund|71,259||1,393||1,044|||-||-||71,608|
|SDF Fund|84|61,874|||52,454|||-|9,504|||-|
|Focus Fund|-||1,957||1,957|||-||-||-|
|Spring Harvest|600||2,461||3,061|||-||-||-|
|Youth Funds|5,579|57,885|||43,764||1,178||18,522|||-|
|Security Funds|700||-||-|||-||-||700|
|Kids and Families Funds|151||-||151|||-||-||-|
|Job Club|6,950||-||5,278|||-|1,672|||-|
|CRT|10,000||-||1,503|||-|8,497|||-|
|Other: Social Action|950||-||496|||-|454|||-|
|Other|368||226||314|||-||-||280|
||98,011|133,193||114,590|||1,178||39,163|||76,273|
Page 14
**The Parochial Church Council of the Ecclesiastical Parish of St Margaret’s, Aspley Nottingham**
**Notes to the financial statements For the year ended 31 December 2023 (continued)**
|**10.**
**Unrestricted funds**
General Funds
Designated Funds:
Coffee Morning
Youth Salaries
General Funds
Designated Funds:
Coffee Morning
Youth Salaries
Other|**Balance at 31**
**December**
**2022**
**Income**
**Expenditure**
**Transfer**
**out**
**Balance at 31**
**December**
**2023**
**£**
**£**
**£**
**£**
**£**
45,014
120,548
137,699
(3,079)
30,942
3,326
-
-
-
3,326
1
-
-
1
-
48,341
120,548
137,699
(3,078)
34,268
**Balance at 31**
**December**
**2021**
**Income**
**Expenditure**
**Transfer**
**out**
**Transfer to**
**Joint**
**Council**
**Balance at 31**
**December**
**2022**
**£**
**£**
**£**
**£**
**£**
**£**
34,357
125,359
114,702
-
-
45,014
-
-
-
-
-
3,332
-
6
-
-
3,326
3,384
-
301
1,178
-
4,260
1
173
-
173
-
-
-
41,246
125,359
115,182
(1,178)
4,260
48,341|**Balance at 31**
**December**
**2022**
**Income**
**Expenditure**
**Transfer**
**out**
**Balance at 31**
**December**
**2023**
**£**
**£**
**£**
**£**
**£**
45,014
120,548
137,699
(3,079)
30,942
3,326
-
-
-
3,326
1
-
-
1
-
48,341
120,548
137,699
(3,078)
34,268
**Balance at 31**
**December**
**2021**
**Income**
**Expenditure**
**Transfer**
**out**
**Transfer to**
**Joint**
**Council**
**Balance at 31**
**December**
**2022**
**£**
**£**
**£**
**£**
**£**
**£**
34,357
125,359
114,702
-
-
45,014
-
-
-
-
-
3,332
-
6
-
-
3,326
3,384
-
301
1,178
-
4,260
1
173
-
173
-
-
-
41,246
125,359
115,182
(1,178)
4,260
48,341|**Balance at 31**
**December**
**2022**
**Income**
**Expenditure**
**Transfer**
**out**
**Balance at 31**
**December**
**2023**
**£**
**£**
**£**
**£**
**£**
45,014
120,548
137,699
(3,079)
30,942
3,326
-
-
-
3,326
1
-
-
1
-
48,341
120,548
137,699
(3,078)
34,268
**Balance at 31**
**December**
**2021**
**Income**
**Expenditure**
**Transfer**
**out**
**Transfer to**
**Joint**
**Council**
**Balance at 31**
**December**
**2022**
**£**
**£**
**£**
**£**
**£**
**£**
34,357
125,359
114,702
-
-
45,014
-
-
-
-
-
3,332
-
6
-
-
3,326
3,384
-
301
1,178
-
4,260
1
173
-
173
-
-
-
41,246
125,359
115,182
(1,178)
4,260
48,341|**Balance at 31**
**December**
**2022**
**Income**
**Expenditure**
**Transfer**
**out**
**Balance at 31**
**December**
**2023**
**£**
**£**
**£**
**£**
**£**
45,014
120,548
137,699
(3,079)
30,942
3,326
-
-
-
3,326
1
-
-
1
-
48,341
120,548
137,699
(3,078)
34,268
**Balance at 31**
**December**
**2021**
**Income**
**Expenditure**
**Transfer**
**out**
**Transfer to**
**Joint**
**Council**
**Balance at 31**
**December**
**2022**
**£**
**£**
**£**
**£**
**£**
**£**
34,357
125,359
114,702
-
-
45,014
-
-
-
-
-
3,332
-
6
-
-
3,326
3,384
-
301
1,178
-
4,260
1
173
-
173
-
-
-
41,246
125,359
115,182
(1,178)
4,260
48,341|
|---|---|---|---|---|
||41,246|125,359|115,182|(1,178)|
|**11.**
**Analysis of funds by net assets**
**Unrestricted**
**2023:**
**Funds**
**£**
Fixed assets
5,821
Net current assets
28,447
34,268
**Unrestricted**
**2022:**
**Funds**
**£**
Net current assets
48,341
48,341|**Restricted**
**Funds**
**£**
-
45,203
45,203|**Total**
**Funds**
**£**
5,821
73,650|
|---|---|---|
|||79,471|
||**Restricted**
**Funds**
**£**
76,276
76,276|**Total**
**Funds**
**£**
124,614|
|||124,614|
Page 15