| Contents | |||
|---|---|---|---|
| CHAIR'S REPORT. | |||
| REPORT OF THE TRUSTEES .. | |||
| Charitable Activities. ..... |
|||
| Sunday Worship &Online |
Worship. . | ||
| Morning Prayer. |
|||
| Life Events and Civic | Services. | ||
| Rector's Report —Jon Randall .. | |||
| Introduction. | |||
| Encouragement. | |||
| Challenges . | |||
| Thanks . |
|||
| Children and Families Missioner |
Report —Jane Brooks. | ||
| Sunday Ministry. |
|||
| Under Ss Ministry. | |||
| Partnership working. |
|||
| Youth Missioner Report —Ruth Hunt .. |
|||
| Thrive Schools Work. ........ | |||
| Thrive Community | Programmes. | ||
| Thrive Faith Activities. | |||
| Licensed Lay Minister |
(Pioneer) | Report —Ingrid Randall .. | |
| Recharge and Recharge | Plus | ||
| Chatty Gospel . | |||
| Operation Manager's |
Report —Tim Brooks. | ||
| People. . | |||
| Buildings | |||
| Bellringers Report. |
|||
| FINANCIAL REVIEW. |
|||
| Asset Policy... | |||
| Investment and Reserves. . |
|||
| Structure, Governance |
and Management. | ||
| Constitution .. |
|||
| Policy of recruitment | and training of new Trustees. | ||
| Management | |||
| Risk Management. | |||
| Volunteers ..... | |||
| REFERENCE AND ADMINISTRATIVE | INFORMATION. |
| Statement ofTrustees' Responsibilities. .. |
Statement ofTrustees' Responsibilities. .. |
.19 |
|---|---|---|
| THE INDEPENDENT EXAMINER'5 REPORT TO THE TRUSTEES OF THE ECCLESIASTICAL PARISH OF HUNTINGDON |
||
| ........20 | ||
| Responsibilities and basis of report . |
....20 | |
| Independent Examiner's Statement |
...20 | |
| STATEMENT OF FINANCIAL ACTIVITY. | ...21 | |
| BALANCE SHEET | ...22 | |
| NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31DECEMBER 2022 .... | ...23 | |
| 1. ACCOUNTING POLICIES.. |
... | 23 |
| Basis of preparing the financial statements. . |
23 | |
| Income. . | ....23 | |
| Expenditure . |
...23 | |
| Governance costs ..................................... |
... | 23 |
| Allocation and apportionment ofcosts. ... |
...23 | |
| Tangible fixed assets. ................................. | ... | 23 |
| Taxation. | .. | 24 |
| Fund accounting | ... | 24 |
| 2. DONATIONS AND LEGACIES.. |
..... | 24 |
| 3. GENERATING FUNDS .. |
... | 24 |
| 4. INCOME FROM GRANTS. |
..... | 25 |
| 5. DIRECT COSTS OF CHURCH ACTIVITIES.. |
.... | 25 |
| 6. SUPPORT COSTS. .......... |
..... | 25 |
| 7.TRUSTEES' REMUNERATION AND BENEFITS... |
... | 25 |
| Trustees' expenses. | ..... | 25 |
| 8.STAFF COSTS. | ... | 26 |
| 9. COMPARATIVES FOR THE STATEMENT OF FINANCIAL. |
..... | 26 |
| 10. TANGIBLE FIXED ASSETS.. |
... | 27 |
| 11. FIXEDASSET INVESTMENTS. |
..... | 27 |
| 12. DEBTORS:AMOUNTS DUE WITHIN ONE YEAR. |
... | 27 |
| 13. CREDITORS: AMOUNTS DUE WITHIN ONE YEAR.. |
....... | 28 |
| 14. MOVEMENT IN FUNDS .. |
... | 28 |
| 15. RELATED PARTY DISCLOSURES . | 33 |
| For t | he year | ended 3 | 1 December | 2022 | |||
|---|---|---|---|---|---|---|---|
| 31.12.22 | 31.12.21 | ||||||
| Unrestricted | Restncted | Total funds | Total | ||||
| Funds | funds | funds | |||||
| INCOME AND ENDOWMENTS | FROM | ||||||
| Donations and legacies |
33,935 | 109,474 | 143,409 | 148,419 | |||
| Charitable activities |
|||||||
| Church activities | 31,369 | 34 | 31,403 | 25,486 | |||
| Reallocations | (16,600) | 16,600 | |||||
| Investment income |
20,513 | 200 | 20,713 | 19,806 | |||
| Total | 69,217 | 126,308 | 195,525 | 193,711 | |||
| EXPENDITURE ON | |||||||
| Cost ofgenerating | funds | ||||||
| Other activities |
1,604 | 234 | 1,838 | 1,996 | |||
| 1,604 | 234 | 1,838 | 1,996 | ||||
| Charitable activities |
5&6 | ||||||
| Ministry and mission |
51,349 | 105,904 | 157,253 | 159,026 | |||
| Property | 73,936 | 9,368 | 83,336 | 55,645 | |||
| Total | 126,889 | 115,506 | 242,395 | 216,667 | |||
| Net gains/(losses) on investments |
(115,245) | (115,245) | 130,365 | ||||
| NET INCOME/(EXPENDITURE) | (172,917) | 10,802 | (162,115) | 107,409 | |||
| RECONCILIATION OF FUNDS |
|||||||
| Total funds brought | forward | 1,034,105 | 13,769 | 1,047,874 | 940,465 | ||
| TOTAL FUNDS CARRIED FORWARD | 861,188 | 24,571 | 885,759 | 1,047,874 |
| 2022 | 2021 | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total funds | ||
| funds | Funds | funds | |||
| Notes | f | f | f | ||
| FIXEDASSETS | |||||
| Tangible assets | 10 | 1,438 | 1,438 | 2,004 | |
| Investments | 705,049 | 705,049 | 1,000,294 | ||
| 706,487 | 706,487 | 1,002,298 | |||
| CURRENT ASSETS | |||||
| Debtors Cash at bank |
12 | 14,278 144,901 |
24,571 | 14,278 169,472 |
6,146 43,017 |
| 159,179 | 24,571 | 183,750 | 49,163 | ||
| CREDITORS | |||||
| Amounts falling due within one year |
13 | (4,478) | (4,478) | (3,587) | |
| NET CURRENT ASSETS | 154,701 | 24,571 | 179,270 | 45,576 | |
| TOTAL ASSETS LESSCURRENT | |||||
| LIABILITIES | 861,188 | 24,571 | 885,759 | 1,047,874 | |
| NET ASSETS | 861,188 | 24,571 | 885,759 | 1,047,874 | |
| FUNDS | 14 | ||||
| Unrestricted funds |
861,188 | 1,034,105 | |||
| Restricted funds | 24,571 | 13,769 | |||
| TOTAL FUNDS | 885,759 | 1,047,874 |
| 2. DO | N | ATIONS | A | ND LEGACIES | ||
|---|---|---|---|---|---|---|
| 31.12.22 | 31.12.21 | |||||
| E | ||||||
| Donations | and planned | giving | 24,055 | 19,241 | ||
| Grants | 115,504 | 122,089 | ||||
| Legacies | 3,000 | |||||
| Gift Aid | 3,850 | 4,088 | ||||
| 143,409 | 148,419 | |||||
| 3. GENERATING | FUNDS | |||||
| 31.12.22 | 31.12.21 | |||||
| E | ||||||
| Fee retained | 8,511 | 2,682 | ||||
| Church | lettings &Electricity generation | 22,892 | 22,804 | |||
| 31,403 | 25,486 |
| Grants received, included | in the above, are as follows: | 31.12.22 | 31.12.21 |
|---|---|---|---|
| f | |||
| Ely Diocese Central Market | Towns grant | 112,101 | 100,867 |
| Covid19 Recovery grants | 18,000 | ||
| Listed Places ofWorship -VAT grant | 3,403 | 3,222 | |
| 115,504 | 122,089 | ||
| 5. DIRECT COSTS OF | CHURCH ACTIVITIES | ||
| 31.12.22 | 31.12.21 | ||
| Ely Diocese Parish Share | 40,959 | 40,338 | |
| Mission giving ik donations |
309 | 635 | |
| Local mission ik evangelism |
21,213 | 14,390 | |
| Salaries | |||
| Clergy 5staff expenses | 102,124 1,412 |
100,109 3,554 |
|
| 166,017 | 159,026 | ||
| 6. SUPPORT COSTS | |||
| 31.12.22 | 31.12.21 | ||
| Church building major repairs |
30,965 | 20,104 | |
| Church building running expenses |
43,347 | 33,518 | |
| Governance costs |
1,500 | 1,500 | |
| Asset depreciation | 566 | 523 | |
| 76,378 | 55,645 |
| Notes tothe Financial Statements f 8.STAFF COSTS |
or the | or the | Year Ended 31"December 2022 | Year Ended 31"December 2022 | ||
|---|---|---|---|---|---|---|
| The total emoluments ofemployees |
ofthe | Church were 6102,124(2021:6100,109). | ||||
| The average monthly number ofemployees |
during the year | was as follows: | ||||
| 31.12.21 | 31.12.20 | |||||
| 3 | 3 | |||||
| No employees received emoluments |
in excess off60,000. | |||||
| 9. COMPARATIVES FOR THE STATEMENT OF |
ACTlvlTIES | |||||
| FINANCIAL | ||||||
| Unrestricted | Restricted | Total | ||||
| INCOME AND ENDOWMENTS | FROIVI | funds E |
fundsf | fundsf | ||
| Donations and legacies |
46,998 | 101,421 | 148,419 | |||
| Charitable activities |
||||||
| Church activities | 25,486 | 25,486 | ||||
| Investment income |
19,806 | 19,807 | ||||
| Otherincome | ||||||
| Total | 92,290 | 101,421 | 193,711 | |||
| EXPENDITURE ON | ||||||
| Cost of raising funds | 1,363 | 633 | 1,996 | |||
| Charitable activities |
||||||
| Church activities | 104,655 | 110,016 | 214,681 | |||
| Total | 106,018 | 110,649 | 216,667 | |||
| Net Gain on Investments | 130,365 | 130,365 | ||||
| NET INCOME/(EXPENDITURE) | 116.637 | (9,228) | 107,409 | |||
| RECONCILIATION OF FUNDS |
||||||
| Total funds brought forward | 917,468 | 22,997 | 940,465 | |||
| TOTAL FUNDS CARRIED FORWARD | 1,034,105 | 13,769 | 1,047,874 |
| ANGIBLE FIXEDASSETS | |||
|---|---|---|---|
| Plant and equipment f |
Computer equipment f |
Totalsf | |
| COST | |||
| At 1January 2022 | 6,487 | 700 | 7,187 |
| Additions in year |
|||
| At 31December 2022 | 6,487 | 700 | 7,187 |
| DEPRECIATION | |||
| At 1January 2022 | 4,483 | 700 | 5 183 |
| Charge for year | 566 | 566 | |
| At 31December 2022 | 5,049 | 7OO | 5,749 |
| NET BOOK VALUE | |||
| At 31December 2022 | 1,438 | 1,438 | |
| At 31December 2021 | 2,004 | 2,004 |
| Listed | |||
|---|---|---|---|
| MARKET VALUE | Investmentsf | ||
| At 1January 2022 | 1,000,294 | ||
| Disposals | (180,000) | ||
| Revaluations | (115,245) | ||
| At 31December 2022 | 705.049 | ||
| NET BOOK VALUE | |||
| At 31December 2022 | 705,049 | ||
| At 31December 2021 | 1,000,294 | ||
| There were no investment | assets outside the UK. | ||
| 12.DEBTORS:AMOUNTS | DUE WITHIN ONE YEAR | ||
| 2022 f |
2021f | ||
| Sundry debtors (L prepayments |
14,278 | 6,146 |
| 13.CREDITORS YEAR |
: AMOUNTS | D | UE | WITHIN | ONE | |||
|---|---|---|---|---|---|---|---|---|
| 2022 | 2021 | |||||||
| Sundry creditors 5accruals | f 4,478 |
E 3,587 |
||||||
| 14.MOVEMENT IN FUNDS |
||||||||
| Net | Transfer | |||||||
| At 1.1.22 | movement in fundsf |
between funds f |
At 31.12.22 | |||||
| Unrestricted | funds | |||||||
| General fund | 253,420 | (47,548) | 205,872 | |||||
| Designated: | —St Barnabas | Church | 14,364 | (564) | 13,800 | |||
| Designated: | —All Saints Refurbishment | 544,003 | (91,128) | 452,875 | ||||
| Designated: | —Parish Share | Expenses | 60.662 | (34,097) | 26,565 | |||
| Designated: Designated: |
—Member Grants Fund —Youth 5 Children's Missionary |
75,000 70,000 |
75,000 70,000 |
|||||
| Designated: | —Curates Fund |
5,277 | 5,277 | |||||
| Designated: | —Children's Ministry |
Fund | 5,329 | 420 | 5,749 | |||
| Designated: | —Youth Ministry Fund |
6,000 | 6,000 | |||||
| 1,034,055 | (172,917) | 861,138 | ||||||
| Restricted funds | ||||||||
| Restricted: —Community Reach |
Fund | 214 | 214 | |||||
| Restricted: - | Pastoral Fund |
873 | 1,894 | 2,767 | ||||
| Restricted:- | Recharge | 38 | (22) | 16 | ||||
| Restricted: - | CMT Grant | 1,960 | 1,960 | |||||
| Restricted: - | Thrive Project | (General) | 9,357 | 3,884 | 13,241 | |||
| Restricted: - | Thrive (Biblical | Resources) | 750 | 750 | ||||
| Restricted: —Thrive (Salaries) |
2,717 | 2,717 | ||||||
| Restricted: - | Special Collections | 21 | 21 | |||||
| Endowment | fund —Land re | Curfew | Bell | 2,537 | 348 | 2,885 | ||
| 13,769 | 10,802 | 24,571 | ||||||
| TOTAL FUNDS | 1,047,824 | (162,115) | 885,709 |
| otes | to the Financial Statements for the Year Ended |
to the Financial Statements for the Year Ended |
to the Financial Statements for the Year Ended |
to the Financial Statements for the Year Ended |
31"December | 2022 | ||
|---|---|---|---|---|---|---|---|---|
| 14. | MOVEMENT IN FUNDS - continued |
|||||||
| Net movement in funds, included page, are as follows: |
in the | previous | Incoming resources |
Resources expended |
Gains and I sses o |
Movement in funds |
||
| Unrestricted | funds | |||||||
| General fund | 69,217 | (1,519) | (115,245) | (47,548) | ||||
| Designated: | —St Barnabas | Church | (564) | (564) | ||||
| Designated: | —All Saints Refurbishment | (91,128) | (91,128) | |||||
| Designated: | —Parish Share | Expenses | (34,097) | (34,097) | ||||
| Designated: | —Member Grants Fund | |||||||
| Designated: | —Youth & Children's | Missionary | ||||||
| Designated: | —Curates Fund |
|||||||
| Designated: | —Children's Ministry |
Fund | 548 | (129) | 348 | |||
| Designated: | —Youth Ministry Fund |
|||||||
| 69,765 | (127,737) | (115,245) | (172,917) | |||||
| Restricted funds | ||||||||
| Restricted: - | Community Reach Fund |
|||||||
| Restricted: - | Pastoral Fund |
1,894 | 1,894 | |||||
| Restricted: - | Recharge | (22) | (22) | |||||
| Restricted: —CMT |
1,960 | 1,960 | ||||||
| Restricted: - | Thrive Project | (general) | 5,873 | (1,911) | 3,884 | |||
| Restricted: —Thrive (Biblical |
Resources) | |||||||
| Restricted: - | Thrive (Salaries) | 5,435 | (2,718) | 2,717 | ||||
| Restricted: - | Specia I Collections |
21 | 21 | |||||
| Restricted: - | Employees | 102,124 | (102,124) | |||||
| Endowment | fund —Land re | Curfew | Bell | 582 | (234) | 348 | ||
| 117,577 | (107,009) | 10,802 | ||||||
| TOTAL FUNDS | 187,342 | (234,746) | (115,245) | (162,115) |
| otes | tothe Financia | l Statements for the Year Ended |
31"Decem | ber 2022 | ||
|---|---|---|---|---|---|---|
| 14. | MOVEMENT | IN FUNDS - continued | ||||
| Comparatives for movement in funds |
At 1.1.21 | Net movement in fundsf |
Transfer between funds f |
At 31.12.21 | ||
| Unrestricted | funds | |||||
| General fund | 156,244 | 260,176 | (163,000) | 253,420 | ||
| Designated: | —St Barnabas Church | 16,686 | (2,322) | 14,364 | ||
| Designated: | —All Saints Refurbishment | 630,000 | (85,947) | 544,053 | ||
| Designated: | —Parish Share Expenses | 114,538 | (53,876) | 60,662 | ||
| Designated: | —Member Grants Fund |
75,000 | 75,000 | |||
| Designated: | —Youth &Children's Missionary |
70,000 | 70,000 | |||
| Designated: | —Curates Fund |
(723) | 6,000 | 5,277 | ||
| Designated: | —Children's Ministry Fund |
(671) | 6,000 | 5,329 | ||
| Designated: | —Youth Ministry Fund |
6,000 | 6,000 | |||
| 917,468 | 116,637 | 1,034,105 | ||||
| Restricted funds | ||||||
| Restricted: - | Community Reach Fund |
241 | (27) | 214 | ||
| Restricted: - | Pastoral Fund |
873 | 873 | |||
| Restricted: —Recharge |
38 | |||||
| Restricted: - | AV &Cafe 2535 | 1,324 | (1,324) | |||
| Restricted: - | Thrive Project (General) | 6,104 | 3,253 | 9,357 | ||
| Restricted: —Thrive (Biblical Resources) |
750 | 750 | ||||
| Restricted: —Thrive (Salaries) |
10,061 | (10,061) | ||||
| Restricted: - | Thrive (Crime & Covid) | 1,280 | (1,280) | |||
| Endowment | fund —Land re Curfew Bell |
2,364 | 173 | 2,537 | ||
| 22,997 | (9,228) | 13,769 | ||||
| TOTAL FUNDS | 940,465 | 107,409 | 1,047,874 |
| otes | to the Financia | to the Financia | l Statements for the Year |
l Statements for the Year |
Ended | 31"December | 2022 | ||
|---|---|---|---|---|---|---|---|---|---|
| 14. | MOVEMENT | IN FUNDS - continued | |||||||
| Comparative net movement in funds, included the previous page, are as follows: |
in | Incoming resources |
Resources expended |
Gains and | Movement | ||||
| Unrestricted | funds | ||||||||
| General fund | 92,290 | 38,924 | 130,365 | 260,175 | |||||
| Designated: | —St Barnabas Church | (2,322) | (2,322) | ||||||
| Designated | —All Saints Refurbishment | (85,947) | (85,947) | ||||||
| Designated | —Parish Share Expenses | (53,876) | (53,876) | ||||||
| Designated | —Member Grants Fund |
||||||||
| Designated | —Youth 8 Children's | Missionary | |||||||
| Designated | —Curates Fund |
(723) | (723) | ||||||
| Designated: | —Children's Ministry |
Fund | (671) | (671) | |||||
| Designated: | —Youth Ministry Fund |
||||||||
| 92,290 | (104,615) | 130,365 | 116,637 | ||||||
| Restricted funds | |||||||||
| Restricted: - | Community Reach Fund |
(27) | (27) | ||||||
| Restricted: - | Pastoral Fund |
(127) | 873 | ||||||
| Restricted | Recharge | 38 | 38 | ||||||
| Restricted | AV5Cafe 2535 | (1,324) | (1,324) | ||||||
| Restricted | Thrive Project (general) | 4,862 | (1,609) | 3,253 | |||||
| Restricted | Thrive (Biblical Resources) | ||||||||
| Restricted | Thrive (Salaries) | (10,061) | (10,061) | ||||||
| Restricted | Thrive (Crime BCovid) | (1,280) | (1,280) | ||||||
| Restricted | Employees | 96,348 | (96,348) | ||||||
| Endowment | fund —Land re Curfew | Bell | 173 | 173 | |||||
| 101,421 | (110,649) | (9,228) | |||||||
| TOTAL FUNDS | 193,711 | (216,667) | 130,365 | 107,459 |
| Current year 12months and prior year 12months combined position is as follows: |
Current year 12months and prior year 12months combined position is as follows: |
Current year 12months and prior year 12months combined position is as follows: |
At 1.1.21 | Net movement in funds |
Transfer between funds |
At 31.12.22 |
|---|---|---|---|---|---|---|
| E | f | |||||
| Unrestricted funds |
||||||
| General fund | 156,244 | 212,628 | (163,000) | 205,872 | ||
| Designated: | —St Barnabas Church | 16,686 | (2,886) | 13,800 | ||
| Designated | —All Saints Refurbishment | 630,000 | (177,075) | 452,925 | ||
| Designated | —Parish Share Expenses | 114,538 | (87,973) | 26,565 | ||
| Designated Designated Missionary |
—Member Grants Fund —Youth 5Children' s |
75,000 70,000 |
75,000 70,000 |
|||
| Designated | —Curates Fund |
(723) | 6,000 | 5,277 | ||
| Designated | —Children's Ministry |
Fund | (251) | 6,000 | 5,329 | |
| Designated | —Youth Ministry Fund |
6,000 | 6,000 | |||
| 917,468 | (56,280) | 861,188 | ||||
| Restricted funds | ||||||
| Restricted: | —Community Reach Fund |
241 | (27) | 214 | ||
| Restricted: | - Pastoral Fund |
873 | 1,894 | 2,767 | ||
| Restricted:- | Recharge | 16 | 16 | |||
| Restricted: | —AV/Cafe 5CMT | 1,324 | 636 | 1,960 | ||
| Restricted: | - Thrive Project (General) | 6,104 | 7,137 | 13,241 | ||
| Restricted: | - Thrive (Biblical Resources) | 750 | 750 | |||
| Restricted: | - Thrive (Salaries) | 10,061 | (7,499) | 2,717 | ||
| Restricted: | - Thrive IL Specials |
1,280 | (1,259) | 21 | ||
| Endowment | fund —Land re Curfew | Bell | 2,364 | 521 | 2,885 | |
| 22,997 | 1,574 | 24,571 | ||||
| TOTAL FUNDS | 940,465 | (54,706) | 885,759 |
| 14. | MOVEMENT IN FUNDS - continued |
MOVEMENT IN FUNDS - continued |
|||||||
|---|---|---|---|---|---|---|---|---|---|
| Current funds, |
and prior included in |
year combined net movement in the previous page, are as follows: |
Incoming resources |
Resources expended |
Gains and | Movement | |||
| Unrestricted funds |
|||||||||
| General fund | 161,507 | 37,405 | 15,120 | 214,032 | |||||
| Designated: | —St Barnabas Church | (2,886) | (2,886) | ||||||
| Designated | —All Saints Refurbishment | (177,125) | (177,125) | ||||||
| Designated | —Parish Share Expenses | (87,973) | (87,973) | ||||||
| Designated | —Member Grants Fund |
||||||||
| Designated | —Youth &Children's Missionary |
||||||||
| Designated | —Curates Fund |
(723) | (723) | ||||||
| Designated | —Children's Ministry Fund |
548 | (800) | (252) | |||||
| Designated | —Youth Ministry Fund |
||||||||
| 162,055 | (232,102) | 15,120 | (54,927) | ||||||
| Restricted funds | |||||||||
| Restricted: | —Community Reach Fund |
(27) | (27) | ||||||
| Restricted: | —Pastoral Fund |
1,894 | (127) | 1,767 | |||||
| Restricted: | - Recharge | 38 | 16 | ||||||
| Restricted: | —AV/Cafe &CMT |
1,960 | (1,900) | 636 | |||||
| Restricted: | - Thrive Project (general) | 10,735 | (3,542) | 7,215 | |||||
| Restricted: | - Thrive (Biblicai Resources) | ||||||||
| Restricted: | - Thrive (Salaries) | 5,435 | (22,498) | (7,344) | |||||
| Restricted: | - Thrive (Crime &Specials) | 21 | (2,139) | (1,259) | |||||
| Restricted: | - Employees | 198,472 | (153,786) | ||||||
| Endowment | fund —Land re Curfew | Bell | 755 | (510) | 521 | ||||
| 219,310 | (217,785) | 1,525 | |||||||
| TOTAL FUNDS | 381,365 | (449,887) | 15,120 | (53,402) |