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|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|
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||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|
##
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|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)|
##