2022-12-31-accounts

HUNGERFORD PAROCHIAL CHURCH COUNaL FINANCIAL sfATEMENTS FOR THE YEAR ENDED JI DE￿MBER 2022

INDEPENDENT EXAMINERS REPORTTO THE TRUSTEES OFThE HUNGERFORD PAROCHIAL COUNCIL I report on the •c¢ounts of the Hun8erford ParochÉal Churth Counal for the year ended 31 December 2022 Respertlve respons1bl1tt￿ dtrust¢e5 and examln The Trustee5 are responslble for the preparatlon of the accounts. The Trustees conslder that an a4Jdit is not requlred for this year under section 43121 of the Charities Act 1993 (the 1993 Actl and that an Independent examination is needetl and l am Qualified to undertake the examination by being a quallfied member of the Institute of thartered Accountants in England and Wale5. It Is my responsiblllty to Examine the accounts under section 43 of the 1993 Act To follow the procedvre5 laid down in the General Dlreciions glven by the Charities Commlsslon lunder section 43171 of the 1993 Act) and To Stale whether partlcular matters have come to my attention B•sls ollnd•p•nd•nt •Mmln•rs r•port My examlnatlon was carrled oui In accordance wlth the General Dirertbons gtven by the Charlty Commksslon. An examlnatlon Includes a r￿eW of the accountln8 records kept by the charlty and a comp8r6son of the account wlth those records. It also includes consideration of any unusual items or disclosures in the accounts, and the seeklng of explanatlons from you as Trustees contèming any suth matters. The procedures undertaken do not provbde all the evidence that would be requlred In an audlt and consequently no oplnlon Is 8lven as to whether the accounts present a true and falr voew and the report is Ilmlted to those matter5 set out In the 5tstement below Independent e￿mInerS report In connectlon wlth my Èxaminatlon, no matter has come to my attentlon Whlch glves me reasonable cause to belleve that. In any material respert, the requlrements To keep accountin8 records in a¢¢ordaft¢e with section 41 of the 1993 Act and To prepare accounts which accord with the accountin8 record5 and to comply wlth the accouniin8 requlrements of the 1993 Art have not been met or To whith. In my opinion. attention should be drawn in order to enable a proper understandln8 of the accounts to be reached Peter Davles FCA Sunrlse Chapel Lane Hermltage Thatcham RG18 9RL

HUNGERFORD PAROCHIAL CHURCH COUNOL STATEMENT OF COMPREHENSIVE IPICOME FOR THE YEAR ENDED 31 DECEMBER 2022 GENERAL FUND Note Funds Funds Total 2022 Incomlng Re￿UrceS Voluntary glvlng Activities for generating funds Income from investments Church activStSes Income from non charltable tradin8 Total Incomlni resourus 104,805 24.773 2.676 8.902 129.578 3,136 8,902 4,436 111,529 200 8,439 2,804 1,000 123.972 4.436 109,701 36.351 146,052 R•sources us•d Costs of 8eneratln8 funds Church artlvltles Church expenses Major capital expenditure Totsl resoutces used 311 7.472 361 80,048 23,092 13,381 116,882 72,576 23.092 70,363 $1,445 26,532 148.340 13,381 21.164 95.718 N•t Incomlnlloutgolnp 13,983 15.187 29.170 -24,368 Trnnsfer betsveen lunds 10} N•t outiolnp befor• Vl 13.983 15.187 29,170 -24,368 Other r•co8nlsed 8•lns 44.135 4,135 40,566 N•t M0￿m•nt kn lunds -SO,152 IS,187 -34,965 16,198 Reconciliation of funds Total funds brought forward 468J62 44.059 512.921 496.723 Net movement ft>r year Total funds carrSed forward .50.152 418.710 15.187 59.246 -34.965 477.956 16,198 512,921

HUNGERFORD PAROCHIAL CHURCH COUNCIL BALANCE SHEEf AS AT 31 DECEMBER 2022 2021 Notes INVESTMENrs 334.940 399,075 CURRENT ASSErs Bank balance Sundry Debtors 142.739 7,245 149.984 110,089 5,436 115,525 CURRENT LIABIUTIES Credltors and Accruals 6,968 1.679 Net current assets 1¢$$ ¢urr•nt Ilabllltles 143,016 113,846 Totsl net assets le55 Ilabllltles 477.956 512.921 Represented by St Lawrence General Fund 477,956 512,921 477,956 512.921

HUNGERFORD PARIXHIAL CHURCH COUNCIL NOTES TO THE 2022 FINANCIAL sfATEMEP4T5 l Accountln8 Polkles Basls of flnanclal ststements The financial sLitements have been prepared In accordance with the Church Accounting regulatlon5 2006 together with applicable actounting stsndards and the FRS102 SORP The financial statements have been prepared under the historical cost convention except for the valuation of Investment assets, which are shown at market value. The financial statements Include all transactlons, assets and liabilrties for which the PCC is responsible In law. Fund accountln8 Unrestrkted funds are general fvnds which can be used by the PCC ordinary purp05e. Deslgnated funds are general funds set aside by the PCC for use in the future. Desi8nated funds remain unrestricted and the PCC will remove any surplus to other general funds. Incomln8 resources Planned givin& collections and donations are recognised when received. Tax refunds are recognised when the incoming resource to which they relate is recer4ed. Grants and le8acie5 are accounted for when the PCC is legally entitled to the amount5 due. Dividends are accounted for when receivable. Interest is accrued All other income is reco8nised when it is receivable. Resources expended Grants and donations are accounted for when paid over or when awarded.. The Diocesan parish share is accounted for when due. Amounts received for a specific purpose are dealt wlth as restricted funds, all other expenditure is reco8nised when it is incurred and is t￿ated as unrestricted fund5. Flxed Assets Consecrated and benefice property 15 not induded in the accounts in accordance with section 1012la and Ic l of the Charities Act 2011.

HU￿￿ERFoR0 PAROCHIAL CHURCH COUP4UL Notes to the 2022 FSnandal Ststem Incomln8 re%wrces 2021 Llnrestrfrted Designated Ile5tr5rted Funds Funds Funds T¢)tal Voluntary gSvlng Planned giving standin8 order Parish Giving Scheme Collertlons at servlces Othervoluntary receipts- Donatlons Glft Ald recovered Glft Ald recovered on Parfsh GMn8 Music Equipment Fabrlc fun Totsl voluntary ilvl 15,077 52.055 8.483 9.403 12.542 7.245 15,077 52.055 8.783 11,916 12.542 7.245 15,816 50,515 5,043 8.056 5,447 12,256 11,155 21,960 3,241 129,578 111,529 3LN) 2.513 21.960 24.773 104.805 Artl¥ltl•s lor B•n•ra￿ryfunds Fundralsln8 artlvSlles Coffee receipts Tot•1 from fund rnlslng •cllvhl•s 2.676 2,676 460 3,136 15 185 2C 2,676 In￿me from Inv•stments Interest Dlvldend5 Tot*1 In¥•stment Income 50 8,852 8,902 49 8,390 8,439 8,852 8.902 Church artlvlU•s Fees from weddln8 and funerals Tradlng attlvltles Parfsh share rebate Total Church actlvltles 4.034 4,034 2,398 402 4.436 402 4,436 406 2,804 Intome from non dwrhable tradlng Legacles 1,000 Totsl Incomlno R•sourc•s 109.701 36,351 146.052 123.972

HUNGERFORD PAROCHIAL CHURCH COUNCIL Notes to the 2022 Fina￿1•1 Statsments 2022 Unre5trkted Designated RestriLt Funds fvnds Funds 2021 Totsl Cost of 8eDeratlng funds Costs of fundraising activities 311 361 Chur¢h acth1￿￿$ Mi55ion givln8 and donations Parish Share Salarles Youth worker salary Youth worker expenses Clergy and staff expenses Total Chur¢h artl¥ttles 4933 59,749 4,933 59,749 2,604 7.210 262 5,290 80,048 3.892 59,749 2,374 7.210 262 681 3,667 70,363 5,290 72,576 7.472 Chur¢h oxpenses Mission and evangelism corts Printing and stationery Worship supplies PPL Childrens church Kitchen cost5 Minor repairs Equipment maintenance Organ maintenance Music equipment Insurance Light and heat Water Accountancy Finante costs Investment brokers fees Other expendlture Total Chueth expenses 320 3.245 931 293 376 536 2,343 320 3.245 931 293 376 536 2,343 2,409 2,266 iio 4,519 2,789 442 2,863 341 279 329 432 1,226 1,125 1.337 33.472 4.429 2,504 17 400 709 1,341 199 51,445 2,266 iio 4,519 2.789 4(KJ 1,931 1,931 23.092 23,092 Malor capitsl expendlture Major repairs to church 13.381 13,381 26.532 Total major capttal expendlture 13,381 13,381 26.532 Total outgolng re50urce5 95.718 21,164 116,882 148,340

HUNGERFORD PAROCHIAL CHUROI CWNOL NOTE5 TO TME 202Z FINANa￿STATEmE1lTs 3 Fkn•d ass•ts. Invesknents At Cost At Market value Addition5 Market 1ld1sFK￿a1) GainlLoss Market Cost at Cost at value at at markèt In rnarket Value at oiioin2 Additiom Dw)sal 3ty12122 0ty01122 value value 31112122 Dlageo Glaxosrnlthkllne Haleon Slemens AG STrÈmens Ener8V I P Morgan US equlty National Grfd Blackrock North AM UK Gov 4.5% Ind linked Imperial Brands Aberdeen New India Mountvlew Estates Alliant Tethnology Novartls SG Blackrock FM Scot Mort8age In¥e5t wpp Standard Ufe Blackrock FM Matthews Internatlonal J P Morgan Aslan Investec Dlver55fled Fund Impax En￿10nMertaI Baillie Gifford Hefiderson Dlverslfied 5,867 U.621 5.867 18,162 -2.292 10,329 12,451 2.292 10,140 17,247 1.268 18,615 33.248 12.058 14,5n 14,417 17.276 20.7(LI 21.213 12.351 5,254 9.936 15,5fy) 13.218 17.220 10,237 40.538 10,713 13.012 11.085 12,132 8.CIM 26,349 9,949 6.269 9,986 16,862 14.955 17,823 I5,(￿) 17.515 15.115 18.020 14,934 14.375 10.492 14,851 10,SLKJ 13,369 15,485 14.549 -2,292 286,378 399.075 -1,737 -3,538 2,537 -1,750 -220 16,425 8,913 2,537 15,497 2.292 .140 18.615 ,058 14,417 20,7 12,351 9,936 13,218 10.237 10,713 11.085 35,252 13.714 16.490 18.508 6,731 14,0 15.OC*) 24,150 15,025 11,344 14,239 4,593 10.210 15.968 13,399 14,560 13,080 11,389 10,443 12,425 334,940 -858 -2.705 1,477 -1,500 -2,220 .16,388 2,013 -788 -12,110 -1,676 -6,652 -1,855 4.116 9,949 9,986 14.955 15,OXI 15,115 14.934 10,492 10.500 15.485 286.378 -1,295 -3,462 -2,926 -2,124 .64,135 2.292

HUNGERFORD PAROCHIAL CHURCH COUNaL NOTES TO THE 2022 FINANaAL STATEMENTS 2022 2021 4 Current assets Debtors Income tax recoverable 7,245 5,436 7,245 5,436 5 CJ5h at bank Natwest current account Charles Stanley capital account Charles Stanley Income account 130.624 11,157 958 95.827 13,088 1,174 142,739 110,089 6 St Lawrence General Fund Unrestricted Fund 477.956 512,921 477,956 512,921 7 Deslgnated Funds Balance at 111122 restated Income 14,905 29,154 44.059 Balance at 31112122 7,433 51,813 59,246 Expendlture Transfer 17.472} 13,692} 21,164 Youth Worker fund Fabric fund 36,351 36.351 Desi8nated Funds fomi part of the unrestricted Funds in note 6 above