2022-12-31-accounts - The Parochial Church Council Of The Ecclesiastical Parish Of Eastleigh

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Forthe year ended 31Dec	ember	2022	2022	2022
		Notes			Unrestricted Funds		Designated Funds		Restricted Funds			Total Funds 2022			Total Funds 2021
Incoming resources
Donations and legacies						45,967		4,073		349			50,389		79,583
Fees						3,833		0		0			3,833		-264
Fundraising activities						-91				0			-91		254
Hiring income						52,622				0			52,622		33,017
investment income						51				0			51			7
Total resources received						102,383		4,073					106,805		112,598
Resources expended
Mission and Evangelism						40,725							40,725		55,989
Fellowship &Services						18,576							18,576		16,977
Support to rental income						10,092							10,092		6,080
Other support costs						5,467							5,467		6,014
Costs offundraising			10
Total resources expended						74,859							74,859		85,060
Net incoming/ (outgoing) resources before transfers						27,524		4,073		349			31,946		27,537
					Unrestricted		Designated		Restricted
					Funds			Funds		Funds		Total	Funds
Funds at 1January 2022					f	25,550	f	37,319	f	25,000	f		87,869
Transfers between funds				Balance 31.			Designated		Restricted		Balance		31-
in/(out)						12-21	Transfers		Transfers			12-22
Restricted Funds
Car Park Fund						12,500				-900			11,600
l.ady Chapel Fund (started Feb 2020)						12,500				-3,660			8,840
						25,000				-4,560			20,440
Designated Funds
Children & Families Ministry	Fund					28,483		3,635					32,118
Parish Hardship Fund						4,024		401					4,425
Overseas Mission						705		55					759
Building Maintenance Fund						4,108		8,885					12,992
Net movement between	funds					37,319		12,976		-4,560
Net income (expenditure)
Funds at 31December	2022				f	45,339	f	50,295	f	20,440	f	116,075
Represented by: Unrestricted	General		(Unrestricted)		Funds				01-Jan-22 f 25548		Changes f 19,791				31-Dec-22 45,339
Restricted	Restricted			fund - Car	park				f	12500	-f		900	f	11,600
Designated	Restricted Desig Fund Desig Fund Desig Fund			Legacy - Lady Chapel Fund - CFM Fund - Parish Hardship - Overseas Missions &Relief					f f f	12,500 28,484 4,024 705	-f f f f		3,660 3,635 401 55	f f f f	8,840 32,119 4,425 759
	Desig	Fund		- Building	Maintenance				f	4,108	f		8,885	f	12,992
Total									f	87,869	f		28,207	f	116,075

Balance	Sheet
Forthe year	ended 31December 2022				2022		2021
			Notes		E		f
Current Assets
Debtors and	prepayments				13,466	f	6,246
Cash at Bank	and in hand			f	108,102	f	93,844
Total Current	assets			f	121,568	f	100,090
Liabilities
Creditors: amounts falling due within 1year				f	5493	f	12222
Net Current	Assets			f	116,075	f	87,869
Represented	by:				2022		2021
Unrestricted	Funds			f	45,339		25,548
Restricted fund - Car park				f	11,600		12,500
Restricted Legacy - Lady Chapel Fund					8,840		12,500
Desig Fund -	Children & Families Min			f	32,119		28,484
Desig Fund -	Parish Hardship				4,425		4,024
Desig Fund -	Overseas Missions 5 Relief			f	759		705
Desig Fund -	Building Maintenance			f	12,992		4,108
Total funds				f	116,075	f	87,869
Heldforothers:
PCC unrestricted reserves target				f	27,000	f	27,000
Achievement	of PCC reserves target				168%		95%
Approved for issue by the Parochial		Church	Council and signed on its behalf by:

2. Incorni resou	rc	es
			g	Unrestricted	Designated		Restricted	Total 2022	Total2021
				Funds	Funds		Funds
			a	f		f	f	f
									See Note below
Incoming resources from		donations	and legacies
Planned Giving				36,687	3,660			40,347	57,443
Offertory and unplanned	giving			1,189			349	1,S38	11,419
Gift Aid &GASDS				8,092		413		8,504	10,699
Legacies &Bequests									22
		SubTotal		45,967	4,073		349	50,389	79,583
Incoming resources from		fees
Wedding, Funeral &Baptism		fees	b	3,833				3,833	-264
		Cumulative	total	49F801	4,073		349	54,222	79,319
Income from fundraising		activities
Event fundraising				-487
Fundraising Coffee mornings				396					254
		SubTotal		-91				-91
Income from rental and hirlngs
Hiring Income —StFrancis				35,039				35,039	17,441
Hiring Income - ASCH (Meeting Room)				17,355				17,355	15,576
Hiring Income - All Saints	Church Building			229				229
		SubTotal		52,622				52,622	33,018
Investment income
Bank interest				51		0	0	51
Income from Rebates &Overpayments						0	0
		SubTotal		51			0	51	7
Total incoming resources				102,383	4,073		349	106,805	112,598

						Funds t.	Total 2022	Total 2021
Mission &Evangelism								Sae Nota below
Mission -	Overseas donations
Mission -	Home donations					1,134	1,134	850
Mission -	own evangelism	etc				80	80	129
Outreach	—incl website					191	191	571
Mission —Visiting missioners						163	163	123
Common	Mission Fund					37,841	37,841	34,994
Mission -	Clergy Expenses					739	739	824
Clergy Support equipment								1,250
Mission Salaries - CFM/Pastor/Intern								16,996
CFM/Pastor/Intern support			costs			577	577	251
		SubTotals			a	40,725	40,725	55p988
Fellowship					h
Fellowship	- All Saints Utilities				h	4,535	4,535	1,343
Fellowship	- All Saints Building		Maint		h	776	776	1,043
Fellowship	- All Saints Insurance					4,132	4,132	3,946
Fellowship	Cost ofservices incl		kitchen			907	907	1,106
Fellowship	- All Saints Clean &Garden					1,523	1,523	1,591
Fellowship	—Flowers					292	292	216
Fellowship	- Pastoral					836	836	709
Fellowship	—Sound and AV equipment					2,887	2,887	3,674
Fellowship	- Music, Organ, choir,			RSCM		335	335	505
Fellowship	-Organists &worship			leaders		1,840	1,840	1,730
Fellowship	-Sector Ministries					512	512	261
COVID financial costs						0	0	145
		SubTotals			h	18,576	18,576	16,269
Support to Hiring Income
StFrancis - Utilities, insurance		&Clean			j	4,785	4,785	4,203
St Francis - Maintenance						1,620	1,620	221
All Saints Hall - Utilities, insurance				&Clean	j	3,018	3,018	1,376
All Saints Hall - Maintenance					i	80	80	280
Adjustments, incl write offs					k	589		708
		SubTotals			j	10,092	10,092	6,080

7. Funds a. Fund descriptions i. Unrestricted funds				Re	gistered in England and Wale
Name of Fund	Type of Fund	Purpose ofFund		Record	Plans for Funds
	Ban Current			Bank
PCC Business Account	Account	Routine Operations		Statements	Continuous
PCC Business Bank	Bank Deposit	Backup funds for Routine		Bank	Continuous —transfer trigger to
Instant	Account	Operations		Statements	above at f1750.
		Fee transactions for			Cost neutral. Quarterly payment of
PCC Fees Account (new to this report)	Bank Current account	Baptisms, Weddings and Funerals		Bank Statements	Diocesan and PCC levies. Also ongoing payments ofsupport staffs (verger, AV, flowers, choir, organist).
Petty Cash 1	Cash for treasurer work	Routine —this is the main cash account		Quickfile	Continuous
	Cash float for
Petty Cash 2	o erations	Routine operations costs		Cash Book	Continuous
ii. Designated funds
Name ofDesig Fund	Type of Fund	Purposes of Fund		Basis of	Expenditure Plans
Children 5 Families	Designated income	To accumulate funds for a		Designated	Spend 2021. Topped up Dec 20, so
Ministry Fund (for a short	fund —started	Children and Families' Minister		bank and PGS	50%of1year pay in fund, so that CFM
period known as Youth and Children's Ministry (YCM	2018	(CFM) (renamed from Youth and Children's Ministry fund by PCC ln Jan		income	probation could be ended and contract offered.
Fund
	Designated income	For donations to individuals	in		Continuous lookout by PCC
Parish Hardship Fund	fund —started Dec 19	cases of hardship		None	and Vicar, includes COVID support costs.
Overseas Mission	Designated income fund —start	To help EpC to focus on overseas 5relief too.		2%of hiring revenue	income decided at April PCC. Largely for mission partners. (Renamed 2021).
		Based on historic costs since
Building Maintenance	Designated income fund - started 20	2014,this reserve protects the		20%of hiring	To accumulate for building
Fund	JUI 2020	General Fund from arising		revenue	maintenance contingencies
		maintenance costs.
lii. Restricted funds
Name of Restr Fund	Type ofRestricted Fund	Purposes ofRestricted Fund		Document proving Restriction	Plans to spend funds made?
				Restricted
	Restricted income	To build the EPC All Saints		Donation from	PCC topped up fund in Nov 19,
Car Park Fund	fund —started November 2019	church site car park		2019Harvest Appeal	Apr 20and Oct21. still awaiting Faculty Nov23.
Lady Chapel Fund s arted Fe 0	Restricted income f n	Legacy from KClarke		Will	Top up Oct21. Faculty awaited, granted in Oct 23.

iv. Custodial Restricted	iv. Custodial Restricted	Funds
Name ofCustodial Restricted Fund		Type				Purposes ofCustodial Restricted Fund				ocument proving			Plans to	spend funds?
Miles Bequest fund		Custodia I Restricted		Fund		For the purposes ofthe Miles Bequest ofwhich common is the trustee,			charity the PCC in	Will of1930 held at Hampshire Records Office			See Notes		7b6 and 14
CTiE Fund for the unborn note 7b4.		Custodia I Restricted		Fund		For the care ofthe unborn and their mothers to be.				Email from CtiE			See Note		15
b. Fund details						Balances at 1 January 2022 f		Incoming resources f		Outgoing resources f			Transfers (out) f		in	Balances 31 December 2022 f
Total Cash in unds
PCC Current Account							1,750		78,306		-64,128		-14,178			1,750
PCC Fees Account						7bi	2,251		80						0	2,331
PCC Deposit Account							89,742		0				14,178			103,919
Petty Cash							12								0	12
Operations Petty Cash account							90									90
Total Cash							93,844		78,387		-64,128					108,103
0 which Resources	the ollowin				are Desi noted Funds
Children &Families Ministry Fund						7b2	28,484		3,829			-194				32,119
Parish Hardship Fund						7b3	4,024		750			-2,350		2,001		4,425
Overseas Mission							705		1,050			-995			0	759
Building Maintenance	Fund						4,108		10,496			-1,612				12,992
Total Designated							37,320		16,126			-5,151		2,001		50,295
0 which Resources	the ollowin				are Restricted Funds
Car Park Fund						7b4	12,500					-900				11,600
Lady Chapel Fund (started Feb 2020)						7bS	12,500					-3,660				8,840
Total Restricted							25,000					-4,560				20,440
Total Restricted and Designated							62,320		16,126			-9,711		2,001		70,735
Restricted Custodial	Funds		or	in	ormatlon
Miles Bequest fund						7b6	3,021		0			-1,020		-2,001		0
CTiE Fund for the unborn						7b7	0		0			0			0	0
Total Restricted Custodial Funds							3,021		0			-1,020		-2,001		0

called "Care for the unborn ...	called "Care for the unborn ...	And their mothers to	be". See N	ote 15.
8.Assets and Liabilities b		Fund
Unrestricted funds				Unrestricted	Designated	Restricted	Total
Creditors: amounts	falling due	in one year		-3,493	0		-5,493
Unrestricted Gift Aid and GASDS recoverable				7,117			7,117
Other Debtors &Prepayments				6,236			6,236
Total unrestricted				7,860			7,860
Designated funds
Designated Gift Aid	recoverable				113		113
Restricted funds
Restricted Custodial	funds
Miles Bequest Fund			7b6	0
Churches Together	in Eastleigh	"Care for the unborn	and their	mothers to be"
Totals all funds				7,860	113		7,973

by the PCC's insurers in 2020.	by the PCC's insurers in 2020.	by the PCC's insurers in 2020.
PCCassessment o return on mana			ed assets	2022
		2022 Return	Asset Value	Incoming	Outgoing	2022 Surplus	2021Surplus
		(ROCE)	(2022)	resources	resources	(Loss)	(Loss)
			f	f	f	f	f
All Saints	Building	-0.08%	11,200,000	229	9,443	-9,214	-10,133
AS Church	HalI	0.5196	2,800,000	17,355	3,098	14,257	8,246
St Francis	Building	3.909f	720,000	35,039	6,994	28,045	7,599
Total		0.22%	14,720,000	52,622	19,535	33,088	5,712