c St Mary’s Paddington Green Parochial Church Council Registered Charity 1187948 Trustees Annual Report and Financial Statements for the year ended 31[st] December 2023 1 ## **St Mary’s Paddington Green Parochial Church Council** ## **Registered Charity 1187948** ## **Trustees Annual Report and Financial Statements for the year ended 31[st] December 2023** ## **Legal and Administrative Information** **----- Start of picture text -----**
Registered address Saint Mary’s Church, Paddington Green
London W2 1LG
Charity registration number 1187948
Governing document Parochial Church Councils (Powers)
Measure 1956
Date of registration 13 February 2020
Operating area United Kingdom (UK)
PCC members (Trustees) who have served
during the year
Rev Andrew David Norwood (Chair) 27 July
2023
Tim Telfer (Church Warden Emeritus)
Reina Chui-Lin Tan (Church Warden) 08
July 2022
Christian Hesselhoj (Treasurer 06 May
2022)
Paul Scourfield (Secretary)
Len Clark
Richard Smith
Jonathan Cunliffe
Magnus Millengen
Angie Garvich
Mark Hurst
Jane Stringfellow (Deanery Synod
Representative) 01June 2023
Margareta Sjoqvist (Deanery Synod
Representative) 01 June 2023
Bankers National Westminster Bank, 127 Kilburn
High Road, London NW6 6JL
Independent Examiner Rev Alan Clements FCIE, 15 Carleton
Road, Great Knowley, Chorley, PR6 6TQ
Correspondence address Parish Office, St Saviour’s Church,
Warrington Crescent, London W9 2PT
Telephone number 020 7723 7266
Email address admin@parishoflittlevenice.com
Web site https://www.parishoflittlevenice.com/st-
mary-on-paddington-green/
**----- End of picture text -----**
2 ## **Annual Report for 2023** The members present their report and accounts for the year ended 31 December 2023. ## **St Mary’s Paddington Green – Chair’s Report 2023** This past year has been one of significant change: after more than forty years of ministry our Vicar Fr Gary Bradley retired in June 2023. He also was out of action during the earlier part of year waiting for and recovering from overdue knee surgeries, which was painful and frustrating for him. This has meant that as a parish we’ve had less time with Fr Gary to prepare for a ‘hand-over’. However, by the time of his retirement celebrations he was back on his feet and in good form. As a united benefice we sent Fr Gary off in some style with celebratory events in July, including a Sondheim Musical Tribute, Farewell Luncheon at St Saviour’s School, Solemn Benediction and Cream Tea at St Mary’s. A planning group was set up, with members from both churches, which met weekly via a WhatsApp call, and very ably chaired by Richard Smith. Online invitations were sent out and hundreds came on Fr Gary’s last Sunday. Cat Scourfield and Grace Williams expertly managed all the catering. Our thanks to them and to the many others who helped and made that day such a success. Later in July, the PCC, along with St Saviour’s PCC, met with Bishop Sarah and the archdeacons to look ahead at the vacancy year. It was agreed that Fr Andrew should take on the role of full-time interim priest in charge, for the next year until a new incumbent is appointed. In the autumn a Steering Group was set up to lead us through the processes of creating a parish profile, following the guidance and timetable given us by the diocese. Burak Borahan has chaired this and Reina Tan, Miles Williams, Richard Webster (from St Saviour’s) worked hard to create on online Parish Survey that was circulated at the end of the year. The results will contribute to the creation of a parish profile and inform the candidate qualities and skills we wish of our future vicar. In September St Mary’s hosted the parish’s annual Confirmation Service. We welcomed Bishop David Urquart who confirmed fourteen youngsters and six adults. Thanks must go to Mrs Kelly Rogers who oversees catechesis preparation at St Saviour’s School. And in December it was a delight to welcome again the Paddington Waterways and Maida Vale Society for their Annual Christmas Carols. Weekly attendance remains relatively low at St Mary’s, although we have welcomed several new people and families over this past year. As part of our hospitality and welcome is the provision of coffee and cake after mass, for which grateful thanks to all the volunteers who prepare this. Over the past months sterling efforts have been made by Reina Tan and Cat Scourfield to offer Sunday School most weeks. It has been a struggle to keep this going and, at the end of the year we decided to discontinue for the time being. Phileas Fox Nursery School continues as our tenant in the Church Hall, and provides our main source of income. At their request we re-tarred the driveway to the Hall as it had become unsafe. 3 We are one small part of God’s Church, with a greater mission to fulfil as we look outwards, beyond our walls, to the future and try to discern the leadings of the Spirit. Yet I’m reminded also that there is much unseen, internal, unglamorous work that goes on alongside the focus of our Sunday worship: pest control; cleaning; boiler maintenance; fuel bills; clocks; roof and guttering repairs; re-leathering in the organ and replacement of pipes; PCC meetings; fostering relationships with our neighbours; planning for the roof renovation, to name a few. Thank you to all who have helped and contributed in some way, and particularly this year, to Fr Ellis Blackmore, Karen Peakman, Jonathan Cunliffe, Miles Williams, Tony Ball, Paul Scourfield, Reina Tan and Christian Hesselhoj for keeping this ‘show on the road’ that is St Mary-on-Paddington Green. Fr Andrew Norwood ## **Financial Review and Reserves policy** We have a financial review every quarter during our PCC meetings. We look at income, expenses, gift aid, cost saving opportunities, and fundraising events. We review and adjust targets for the year. We have a policy to keep £20k in reserves for unforeseen expenditure. We currently have £450K in reserves but most of that will be spend on refurbishment project in 2024. We review our reserves policy annually. ## **Structure, governance and management.** The Parochial Church Council is a corporate body established by the Church of England. The PCC operates under the Parochial Church Council Powers Measure and is a Charity registered with the Charity Commission of England and Wales number 1187948. The purpose of the Church of Saint Mary-on-Paddington Green London W2 is to promote the Christian faith within and beyond its parish boundaries by proclaiming the Gospel, by pastoral care and by liturgy. It cares for the church building which is made available not only for worship by other Christian groups but also for use by secular community groups. It hosts events for local schools, recitals and concerts. It is the prime venue for the Little Venice Music Festival and Chamber Music in Little Venice and is the Parish focus for the Paddington Waterways and Maida Vale Society, Paddington Green Police Station, Paddington Fire Service, Paddington Ambulance Service and St Mary's Hospital Neo-Natal Unit and many other local organisations for which the Parish provides chaplaincy facilities There is a Parish Administrator, Mrs Karen Peakman, who is remunerated by our sister parish, St Saviour Warwick Avenue W9. Father Norwood is further assisted by unpaid volunteers: Reina Tan and Miles Williams (Churchwardens), Christian Hesselhoj (Treasurer), Paul Scourfield (Secretary) and members of the Parochial Church Council. Volunteer members are trained for office by information imparted at PCC meetings and sustained in their duties by the Vicar's constant prayer for them and by their public and private devotions. 4 ## **Related Parties** Donations from related parties (PCC members) included £2,000 for the general fund. No members of staff are related to PCC members and no contracts have been let to anyone who is related to or employs a member of the PCC. ## **Trustees Responsibilities** The members are responsible for preparing the Members' Report and the accounts in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) The law applicable to charities in England and Wales requires the members to prepare accounts for each financial year which give a true and fair view of the state of affairs of the church and of the incoming resources and application of resources of the church for that year. In preparing these accounts, the members are required to: - select suitable accounting policies and then apply them consistently; - observe the methods and principles in the Charities SORP; - 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 accounts; and - prepare the accounts on the going concern basis unless it is inappropriate to presume that the charity will continue in operation. The members are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the church and enable them to ensure that the accounts comply with the Charities Act, the Charity (Accounts and Reports) Regulations and the provisions of the trust deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Approved by the PCC on / / 2024 and signed on their behalf by Father Andrew Norwood (PCC Chairman). Father Andrew Norwood SSM (PCC Chairman) 5 Charities Act 2011. ## **Independent Examiner's Report.** Independent Examiner's Report to St Mary on Paddington Green, St Mary’s Square London W2 1NB (Charity Commission number 1197948) I report on the accounts of the charity for the year ended 31st. December 2023 which are set out on pages 08 to 20 of this Report. ## Respective responsibilities of the trustees and examiner. The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed. ## It is my responsibility to: examine the accounts under section 145 of the 2011 Act; follow the procedures laid down in the general Directions given by the Charity. Commissioner under section 145 (5) (b) of the 2011 Act; and to state whether particular matters have come to my attention. Basis of the 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 as set out in the statement below. ## Independent examiner's statement. In connection with my examination, no other matters has come to my attention: 1. which gives me reasonable cause to believe that in any material respect the requirement to keep accounting records in accordance with section 130 of the 2011 Act; and to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act have not been met, 2. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. Signed. Rev' d. Alan A. Clements. Fellow of the Association of Charity Independent Examiners 6 Date Rev'd. A. A. Clements MA, ACIB, FCIE. 15 Carleton Road, Great Knowley, Chorley, PR6 8TQ 7 ## **Statement of Financial Activity 31[st] December 2023** ||**Unrestricted**
**funds**
**Designated**
**funds**
**Restricted**
**funds**
**Endowment**
**funds**
**Total**
**funds**
**Prior**
**year**
**total**
**funds**| |---|---| |**Income and endowments from:**
Donations and legacies
Income from charitable activities
Other trading activities
Investments
Other income
**Total income**

**Expenditure on:**
Raising funds
Expenditure on charitable activities
Other expenditure
**Total expenditure**

**Net income / (expenditure) resources**
**before transfer**

**Transfers**
Gross transfers between funds - in
Gross transfers between funds - out
**Other recognised gains / losses**
Gains/losses on investment assets
Gains on revaluation, fixed assets,
charity's own use
**Net movement in funds**

**Reconciliation of funds**
**Total funds brought forward**

**Total funds carried forward**
**Represented by**|166,996
166,996
26,335
12
134,295
136,226
622
2,625
139,473
38,258| ||**303,222**
**622**
**2,625**
**306,469**
**198,900**
484
484
609
146,704
333,000
479,704
134,771
3,650| ||**147,188**
**333,000**
**480,188**
**139,030**| ||
**156,034**
**622 (330,375)**
**(173,719)**
**59,870**
929
3,330,000
3,330,000| ||**156,034**
**622 2,999,625**
**3,156,281**
**60,799**| ||**184,801**
**13,557**
**151,063**
**349,421**
**288,621**| ||**340,835**
**14,179 3,150,688**
**3,505,702**
**349,421**| 8 ## **Unrestricted** |General fund|340,835|||340,835|184,801| |---|---|---|---|---|---| |**Designated**|||||| |Mrs MacCormick||14,179||14,179|13,557| |**Restricted**|||||| |Church Hall Freehold Property|||2,997,000|2,997,000|| |Hall Deposit|||28,683|28,683|27,638| |Judith Mcdonald|||99,651|99,651|99,181| |Organ Fund|||64|64|64| |Restoration Fund|||25,290|25,290|24,181| 9 ## **Balance Sheet 31[st] December 2023** |**Class and code**
**Descrip�on**|**As at**
**31/12/2023**
**As at**
**31/12/2022**| |---|---| |**Fixed assets**
6430
Church hall freehold property valuation
6440
Church hall dep'n b/fwd
6441
Church hall dep'n charge in year
**Total Fixed assets**
**Current assets**
6501
Bank current account
6505
CCLACB3029512-001 Rent deposit
6510
CCLA CB3029511-001
6515
Natwest Savings
**Total Current assets**
**Liabilities**
6603
Accrued expenditure at year end
**Total Liabilities**
**Net Asset surplus (deficit)**
**Reserves**
Excess/(deficit) to date
Z01
Starting balances
Z02
Gains/(losses) on investment assets
Z03
Gains/(losses) on reval of fixed assets
**Total Reserves**
**Represented by Funds**
General (Unrestricted)
Designated
Restricted
Endowment
**Total**|3,330,000
(266,400)
(66,600)| ||**2,997,000**
33,493
277,860
23,888
22,840
50,956
48,721
401,894| ||**510,232**
**349,421**
1,530| ||**1,530**
**3,505,702**
**349,421**
(173,719)
79,631
349,421
268,861
929
3,330,000| ||**3,505,702**
**349,421**
340,835
184,801
14,179
13,557
3,150,688
151,063
**3,505,702**
**349,421**| Approved by the Parochial Church Council on / /2024 and signed on its behalf by: Father Andrew Norwood SSM (PCC Chairman) 10 ## **Notes to the accounts** ## **Year ended 31 December** ## **2023** Note 1 Accounting policies. ## **a** Basis of preparation The accounts are prepared in accordance with the Charities Statement of Recommended Practice (Charities SORP 2015), FRS102 and with the Charities Act 2011 which were implemented by the charity from 1[st ] January 2020 and necessitated restating the 31 December 2019 accounts. St Mary’s Paddington Green is a registered charity, no. 1197948 and meets the definition of a public benefit entity under FRS102. Assets and liabilities are initially recognized at historical cost or transaction value unless otherwise stated in the relevant accounting policy notes. ## b Income recognition All incoming resources are included in the Statement of Financial Activities when the charity is legally entitled to the income after any performance conditions have been met, the amount can be measured reliably, and it is probable that the income will be received. ## c Donations Donations are accounted for gross when received. Fixed asset gifts in kind are recognized when receivable and are included at fair value. ## d Legacies Legacies are accounted for when probate has been completed, the amount of the legacy can be reliably quantified, and the conditions of the legacy are within the control of the PCC. ## e Investment Income Investment income is included in the accounts in the year in which it is receivable. ## f Expenditure recognition All expenditure is accounted for on an accrual's basis. Expenditure is recognized where there is a legal or constructive obligation to make payments to third parties, it is probable that settlement will be required, and the amount of the obligation can be measured reliably. ## **g** Costs of raising funds The PCC does not make formal appeals for funds, and expenditure on these items is therefore not material, limited to giving envelopes and payment card processing costs. 11 ## h Grants payable. The PCC makes grants to other organisations whose charitable objects complement its work. They are accounted for when the recipient has been notified of the grant and payment is unconditional. ## i Support costs. Support costs are those that assist the work of the PCC but do not directly represent charitable activities and include office costs and governance cost. For simplicity's sake support costs are pro rata over all expenditure headings according to their value. Most of the management of the Churchl is carried out without charge by volunteers„ This intangible cost is not included in the Statement of Financial Activities since there is no measurable cost to the volunteers for their service. ## **j** Fixed assets Tangible fixed assets are capitalised if they can be used for more than one year and cost at least £l,000. They are initially recognised at cost, or for donated assets, at a reasonable estimate of their value on receipt. There is no reliable information available for the cost of the PCC properties and so on adoption of FRS 102, insurance rebuilding valuations have been used as they are deemed to be the worth to the PCC. The properties are not investment assets so do not have to be held at market value. They are held on trust by the Diocese of London the terms of which are that if a property is disposed of the proceeds should be restricted to the repair, refurbishment, extension, replacement or rebuilding of the premises. Accordingly, the valuation of the properties has been accounted for in a restricted freehold property fund. ## **k** Depreciation |**k**Depreciation|**k**Depreciation| |---|---| |Depreciation is provided on all fixed assets, other than freehold land, to write off the|| |cost on a straight-line basis over|their expected useful life, at the following rates:| |Freehold land|Nil| |Buildings|2%| |Sanctuary (2003)|2%| |Furniture and fittings|10%| |Computers and equipment|33%| ## **I** Investment Assets Investments are initially stated at cost. Subsequently they are measured at fair value with changes recognized in the Statement of Financial Activities if the shares are publicly traded or their fair value can otherwise be measured reliably. All other investment assets are shown at cost less impairment at the present time the PCC has no investment assets only cash deposits. 12 **M** Funds Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity and which have not been designated for other purposes. Designated funds comprise unrestricted funds that have been set aside by the trustees for specific purposes. The aim and use of each designated fund is set out in the notes to the financial statements. Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors, or which have been -raised by the charity for specific purposes. The cost of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements. The principal restricted fund is the freehold property fund where all of the PCC properties held on trust by the London Property Board are accounted for. Endowment funds represent those assets which must be held permanently by the charity, principally. Income arising on the endowment funds can be used in accordance with the objects of the charity and is included as unrestricted income, Any capital gains or losses arising on the investments form part of the fund, Investment management charges and legal advice relating to the fund are charged against the fund. There are no endowment funds at present. 13 ## **Statement of Assets and Liabilities (by code) 31st December 2023** |**Class and nominal code **|**General Designated **|**General Designated **|**Restricted Endowment**|**Total**|**Last**
**year**| |---|---|---|---|---|---| |**Fixed Asset - Tangible Assets**|||||| |6430: Church hall freehold property
valuation|||3,330,000|3,330,000|| |6440: Church hall dep'n b/fwd|||(266,400)|(266,400)|| |6441: Church hall dep'n charge in year|||(66,600)|(66,600)|| |**Total**|||**2,997,000**|**2,997,000**|| |**Current Asset - Cash At Bank And In Hand**|||||| |6501: Bank current account|33,493|||33,493|277,860| |6505: CCLACB3029512-001 Rent deposit|651||23,237|23,888|22,840| |6510: CCLA CB3029511-001|11,487|14,179|25,290|50,956|48,721| |6515: Natwest Savings|296,734||105,161|401,894|| |**Total**|**342,365**|**14,179**|**153,688**|**510,232**|**349,421**| |**Liability - Creditors: Amounts Falling Due In One Year**|||||| |6603: Accrued expenditure at year end|1,530|||1,530|| |**Total**
|**1,530**|||**1,530**|| |**Net total assets**|**340,835**|**14,179 **|**3,150,688**|**3,505,702**|**349,421**| |**Represented by**|||||| |General (Unrestricted)|340,835|||340,835|184,801| |Designated - MacCormick||14,179||14,179|13,557| |Restricted - Challresfreeprop|||2,997,000|2,997,000|| |Restricted - Hall|||28,683|28,683|27,638| |Restricted - Judith|||99,651|99,651|99,181| |Restricted - Organ|||64|64|64| |Restricted - Rest|||25,290|25,290|24,181| |**Total**|**340,835**|**14,179 **|**3,150,688**|**3,505,702**|**349,421**| 14 ## **Fund movement summary 31st December 2023** **Fund Opening Incoming Outgoing Transfers Gains/Losses Journals Closing** |**Fund**|**Opening**|**Incoming**|**Outgoing**
**Transf**|**ers**
**Gains/Losses**
**Jour**|**nals**
**Closing**| |---|---|---|---|---|---| |**Challresfreeprop**|||||| |Restricted|||333,000|3,330,000|2,997,000| |**Sub-totals**|||**333,000**|**3,330,000**|**2,997,000**| |**Hall**|||||| |Restricted|27,638|1,045|||28,683| |**Sub-totals**|**27,638**|**1,045**|||**28,683**| |**Judith**|||||| |Restricted|99,181|470|||99,651| |**Sub-totals**|**99,181**|**470**|||**99,651**| |**MacCormick**|||||| |Designated|13,557|622|||14,179| |**Sub-totals**|**13,557**|**622**|||**14,179**| |**Organ**|||||| |Restricted|64|0|||64| |**Sub-totals**|**64**|**0**|||**64**| |**Rest**|||||| |Restricted|24,181|1,110|||25,290| |**Sub-totals**|**24,181**|**1,110**|||**25,290**| |**General**|||||| |Unrestricted|184,801|303,222|147,188||340,835| |**Sub-totals**|**184,801**|**303,222**|**147,188**||**340,835**| |**Totals**|**349,421**|**306,469**|**480,188**|**3,330,000**|**3,505,702**| 15 ## **Analysis of income and expenditure 31st December 2023** ||**Total**| |---|---| ||**Unrestricted Designated Restricted Endowment**
**This**
**year**
**Last**
**year**| |**INCOME AND ENDOWMENTS FROM:**
**Donations and legacies**
0101 - Gift Aid - Bank
7,583
7,583
7,312
0110 - Gift Aid - Envelopes
1,474
1,474
0201 - Other planned giving
185
185
124
0202 - Online Giving
5,833
5,833
5,883
0301 - Loose plate collections
731
0410 - Giving through church boxes
20
0501 - One-off Gift Aid gifts
1,304
1,304
2,705
0601 - Tax recoverable on Gift Aid
6,866
0701 - Legacies
150,617
150,617
0801 - Recurring grants
2,641
0901 - Other funds generated
54
**Donations and legacies Totals**
**166,996**
**166,996**
**26,335**
**Income from charitable activities**
0560 - Coffee
12
**Income from charitable activities**
**Totals**
**12**
**Other trading activities**
1240 - Church hall lettings - fund raising
134,295
**Other trading activities Totals**
**134,295**
**Investments**
1020 - Bank and building society interest
1,931
622
2,625
5,178
1030 - Rent from lands or buildings
134,295
134,295
**Investments Totals**
**136,226**
**622**
**2,625**
**139,473**
**Other income**
1310 - Insurance claims
37,978
3000 - Unidentified Income
280
**Other income Totals**
**38,258**
**Income and endowments Grand**
**totals**
**303,222**
**622**
**2,625**
**306,469 198,900**|7,583
7,583
7,312
1,474
1,474
185
185
124
5,833
5,833
5,883
731
20
1,304
1,304
2,705
6,866
150,617
150,617
2,641
54| ||
**166,996**
**166,996**
**26,335**
12| 16 ## **EXPENDITURE ON:** |**Raising funds**||||| |---|---|---|---|---| |1730 - Costs of fetes & other events|128||128|293| |2363 - Online Donation Charges|356||356|316| |**Raising funds Totals**|**484**||**484**|**609**| |**Expenditure on charitable activities**||||| |1850 - Charitable Giving|30||30|108| |1901 - Common Fund|81,799||81,799|61,352| |1910 - Off Common Fund Post||||16,760| |2001 - Assistant staff costs||||573| |2101 - Working expenses of incumbent|381||381|| |2140 - Water rates - vicarage|290||290|| |2150 - Vicar's telephone|456||456|| |2301 - Church running - insurance|6,149||6,149|5,618| |2310 - Church office - telephone|1,978||1,978|1,552| |2325 - Organist Fees|7,710||7,710|4,860| |2326 - Musician and Music Costs|195||195|1,844| |2330 - Church maintenance|14,055||14,055|15,774| |2331 - Cleaning|2,520||2,520|3,812| |2340 - Upkeep of services|837||837|944| |2342 - Refreshments/Hospitality|1,286||1,286|1,166| |2350 - Upkeep of churchyard|12,282||12,282|| |2360 - Administration|3,580||3,580|2,723| |2361 - Stationary & Postage||||1,625| |2362 - Bookkeeping|180||180|2,292| |2401 - Church running - electric|4,245||4,245|1,883| |2530 - Hall running - electricity||||137| |2601 - Governance costs
examination/audit fee|1,530||1,530|630| |2730 - Architect fees re church redesign|7,200||7,200|8,762| |2840 - Other PCC property upkeep||||2,243| |2940 - Church hall freehold property
dep'n||333,000|333,000|| |**Expenditure on charitable activities**
**Totals**|**146,704**|**333,000**|**479,704 **|**134,771**| **Other expenditure** 17 |3001 - Unidentified Expenses
**Other expenditure Totals**
**Expenditure Grand totals**|3,650| |---|---| ||
**3,650**

**147,188**
**333,000**
**480,188 139,030**| 18 ## **Statement of Financial Activity 31/12/2022** ||**Unrestricted**
**funds**
**Designated**
**funds**
**Restricted**
**funds**
**Endowment**
**funds**
**Total**
**funds**
**Prior year**
**total**
**funds**| |---|---| |**Income and endowments from:**
Donations and legacies
Income from charitable activities
Other trading activities
Investments
Other income
**Total income**

**Expenditure on:**
Raising funds
Expenditure on charitable activities
Other expenditure
**Total expenditure**

**Net income / (expenditure) resources**
**before transfer**

**Transfers**
Gross transfers between funds - in
Gross transfers between funds - out
**Other recognised gains / losses**
Gains/losses on investment assets
Gains on revaluation, fixed assets,
charity's own use
**Net movement in funds**

**Reconciliation of funds**
**Total funds brought forward**

**Total funds carried forward**|26,335
26,335
21,994
12
12
711
134,295
134,295
134,295
37
38,258
38,258| ||**198,900**
**198,900**
**157,037**
609
609
834
134,771
134,771
125,395
3,650
3,650| ||**139,030**
**139,030**
**126,228**| ||**59,870**
**59,870**
**30,809**
131
183
615
929| ||**60,002**
**183**
**615**
**60,799**
**30,809**| ||**124,799**
**13,374**
**150,449**
**288,621**
**257,813**| ||**184,801**
**13,557**
**151,063**
**349,421**
**288,621**| 19 ## **Represented by** ## **Unrestricted** |General fund|184,801|||184,801|124,799| |---|---|---|---|---|---| |**Designated**|||||| |Mrs MacCormick||13,557||13,557|13,374| |**Restricted**|||||| |Hall Deposit|||27,638|27,638|27,349| |Judith Mcdonald|||99,181|99,181|99,181| |Organ Fund|||64|64|64| |Restoration Fund|||24,181|24,181|23,854| 20