| PAGE | ||
|---|---|---|
| Annual Report of the PCC |
1-3 | |
| Independent Examiners |
Report | |
| Statement of Financial |
Activities | |
| Balance Sheet | ||
| Notes to the Financial Statements | 7-12 |
| Unrestricted | Restricted | Endowment | Total | funds | ||
|---|---|---|---|---|---|---|
| funds | funds | funds | 2022 | 2021 | ||
| Note | 2 | f | f | 2 | 9 | |
| INCOMING RESOURCES | ||||||
| Voluntary income from donors |
2[a] | 65,315 | 65&315 | 55,894 | ||
| Other voluntary income |
2[b] | 5,549 | 5,549 | 5,418 | ||
| Church activities | 2[c] | 28,713 | 28,713 | 14,138 | ||
| income from investments | 2[d] | 8,507 | 8,507 | 7,489 | ||
| TOTAL INCOMING RESOURCES | 99,577 | 8,507 | 108,084 | 82,939 | ||
| RESOURCES EXPENDED | ||||||
| Church activities | 3[a] | 100,592 | 7,265 | 107,857 | 96,151 | |
| Fund- raising costs | 3[b] | |||||
| Governance costs |
3[c] | 360 | 360 | 720 | 720 | |
| TOTAL RESOURCES EXPENDED | 100,952 | 7,625 | 108,577 | 96,871 | ||
| NET INCOMING | ||||||
| RESOURCES BEFORE | ||||||
| TRANSFERS | (1,375) | 882 | (493) | (13,932) | ||
| Transfers between funds |
||||||
| NET INCOMING RESOURCES | ||||||
| BEFORE INVESTMENT GAINS | (1,375) | 882 | (493) | (13,932) | ||
| GAINS ON INVESTMENT | ||||||
| - realised | ||||||
| - unrealised | (34,533) | (34,533) | 37,043 | |||
| NET MOVEMENT IN FUNDS |
(1,375) | (33,651) | (35,026) | 23,111 | ||
| BALANCES BROUGHT | ||||||
| FORWARD AS AT | ||||||
| 1JANUARY | 7,544 | 349,751 | 31,580 | 388,875 | 365,764 | |
| BALANCES CARRIED | ||||||
| FORWARD AS AT | ||||||
| 31 DECEIiiIBER | 6169 | 316100 | 31580 | 353849 | 388875 |
| 2021 | ||||||
|---|---|---|---|---|---|---|
| Note | ||||||
| FIXEDASSETS | ||||||
| Investment | assets | 316,740 | 350,510 | |||
| CURRENT | ASSETS | |||||
| Debtors | 5 | 12,063 | 9,170 | |||
| Cash at bank and in hand | 6 | 30,306 | 32,255 | |||
| 42,369 | 41,425 | |||||
| LIABIUTIES: AMOUNTS | ||||||
| FALLING DUE WITHIN | ||||||
| ONE YEAR | 5,260 | 3,060 | ||||
| NET CURRENT ASSETS | 37,109 | 38,365 | ||||
| NET ASSETS | 353,849 | 388,875 | ||||
| FUNDS | ||||||
| Unrestricted | 6,169 | 7,544 | ||||
| Restricted | 316,100 | 349,751 | ||||
| Endowment | 31,580 | 31,580 | ||||
| 353849 | 338875 |
| Unrestricted | Restricted | Endowment | Total | funds | ||||
|---|---|---|---|---|---|---|---|---|
| funds | funds | funds | 2022 | 2021 | ||||
| 2 | 2 | 2 | 2 | 2 | ||||
| 2. | INCOMING RESOURCES | |||||||
| 2[a] | Voluntary income | from donors | ||||||
| Planned giving: |
||||||||
| Covenants | 51,416 | 51,416 | 45,131 | |||||
| Income Tax recoverable | on | |||||||
| Covenants | 9,445 | 9,445 | 9,170 | |||||
| Collections (open plate) | at all | |||||||
| services | 3,408 | 3,408 | 1,061 | |||||
| Sundry donations | 1,046 | 1,046 | 532 | |||||
| Grants - Community Improvements |
||||||||
| 65,315 | 65,315 | 55,894 | ||||||
| 2[b] | Other voluntary | Income | ||||||
| Donations, appeals etc. |
1,669 | 1,669 | 2,618 | |||||
| Legacies | 2,800 | |||||||
| Fetes, bazaars, | other fund-raising | |||||||
| events | 3,880 | 3,880 | ||||||
| 5,549 | 5,549 | 5,418 | ||||||
| 2[c] | Church activities | |||||||
| Magazines and newsletters |
||||||||
| Church hall lettings etc. |
23,372 | 23,372 | 9,805 | |||||
| Diocese fees | 3,870 | 3,870 | 2,741 | |||||
| Fees | 554 | 554 | 1,072 | |||||
| Sundry Income | 917 | 917 | 520 | |||||
| 28,713 | 28,713 | 14,138 | ||||||
| 2[d] | Income from investments | |||||||
| Dividends and interest |
8,507 | 8,507 | 7,489 | |||||
| TOTAL INCOMING RESOURCES | 99,577 | 8,507 | 108,084 | 82,939 |
| Unrestricted | Restricted | Endowment | Total | Total | funds | |||||
|---|---|---|---|---|---|---|---|---|---|---|
| funds | funds | funds | 2022 | 2021 | ||||||
| 2 | 2 | 2 | 2 | |||||||
| 3. | RESOURCES EXPENDED | |||||||||
| 3[a] | Church activities | |||||||||
| Grants | ||||||||||
| Missionary and charitable |
giving: | |||||||||
| Home missions and other | Church | |||||||||
| Societies | 2,607 | 975 | 3,582 | 146 | ||||||
| Overseas missionary |
societies | 3,683 | 3 | 683 | 4 | 700 | ||||
| 6,290 | 975 | 7,265 | 4,846 | |||||||
| Activities directly relating | to the | |||||||||
| work ofthe Church | ||||||||||
| Ministry: diocesan quota | 67,723 | 67,723 | 67,723 | |||||||
| clergy expenses | 417 | 417 | 307 | |||||||
| other clergy cost | 40 | 40 | ||||||||
| Church - running expenses |
10,508 | 5,642 | 16,150 | 8,111 | ||||||
| Church maintenance | and | garden | 2,164 | 150 | 2,314 | 1,442 | ||||
| Church Hall running costs |
4,074 | 498 | 4,572 | 4,121 | ||||||
| Parish magazine and |
books | 357 | 357 | 1,087 | ||||||
| Choir, organist and music | 3,481 | 3,481 | 5,815 | |||||||
| Diocese fees | 1,648 | |||||||||
| Sundry expenses | 5,207 | 5,207 | 907 | |||||||
| 93,971 | 6,290 | 100,261 | 91,161 | |||||||
| Church management | and | |||||||||
| administration | ||||||||||
| Printing and stationery |
(including | |||||||||
| Stev/ship envelopes) |
||||||||||
| Photocopier charges | 331 | 331 | 144 | |||||||
| 331 | 331 | 144 | ||||||||
| Total church activities | 100,592 | 7,265 | 107,857 | 96,151 | ||||||
| 3[b] | Fund-raising costs |
|||||||||
| Costs of fetes, bazaars, other fund- | ||||||||||
| raising events | ||||||||||
| 3[c] | Governance costs | |||||||||
| Accountants fees |
360 | 360 | 720 | 720 | ||||||
| TOTAL RESOURCES EXPENDED | 100,952 | 7,625 | 108,577 | 96,871 |
| 2022 | 2021 | ||||||
|---|---|---|---|---|---|---|---|
| 2 | 2 | ||||||
| 4. | INVESTMENT ASSETS | ||||||
| 10,320Shares - Central Board of Finance Investment | Fund (cost2110,000) | 213,056 | 241,340 | ||||
| 1,377Shares -Central Board of | Finance Investment | Fund (cost21,450) | 28,429 | 32,204 | |||
| 788 Shares - Central Board of Finance Investment | Fund (cost2506) | 16,269 | 18,429 | ||||
| 132Shares - COIF Charities Investment |
Fund (cost | 2231) | 2,396 | 2,711 | |||
| 260,150 | 294,684 | ||||||
| Central Board of Finance Deposit Fund | Account | 56,590 | 55,826 | ||||
| 316,740 | 350,510 | ||||||
| 5. | DEBTORS | ||||||
| Accrued income | 12,063 | 9,170 | |||||
| 6. | CASH AT BANK AND IN HAND | ||||||
| Cash in bank | 30,292 | 32,241 | |||||
| Cash in hand | 14 | 14 | |||||
| 30,306 | 32,255 | ||||||
| 7. | LIABILITIES:AMOUNTS FALLING DUE WITHIN | ONE YEAR | |||||
| Grants and donations approved |
but not | yet paid | 4,340 | 2,140 | |||
| Accrued costs | 920 | 920 | |||||
| 5,260 | 3,060 |
| Unrestricted | Restricted | Endowment | |||||
|---|---|---|---|---|---|---|---|
| funds | funds | funds | Total | ||||
| 2 | 2 | 2 | 2 | ||||
| 9. | ANALYSIS | OF NET ASSETS BYFUND | |||||
| Investment | Assets | 272,042 | 44,698 | 316,740 | |||
| Current | Assets | 5,327 | 50,160 | 13,118 | 42,369 | ||
| 5,327 | 322,202 | 31,580 | 359,109 | ||||
| Current | Liabilities | 4,800 | 5,260 | ||||
| FUND | BALANCE | 527 | 321,742 | 31,580 | 353,849 |