THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST ANDREW SOHAM TRUSTEES. REPORT AND ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2022 REGISTERED CHARITY No 1196349
THE PAROCHIAL CHURCH COUNCIL OFTHE £CCLESIASTICAL PARISH OF ST ANDREW SOHAM CONTENTS FOR THE YEAR ENDED 31 DECEMBER 2022 Pagè Tru5tees' report Ind8pendent Examinèr's report Statemant Df flnancÈal activilies Balance sh&8t Notes to the linanclql sktemonts 8.14
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST ANDREW SOPtAM PAROCHIAL CHURCH COUNCIL'S ANNUAL REPORT FOFI THE YEAR ENDED 31 DECEMBER 2022 Refereneè and Admlnlstrative detsils Ex Oflvo- Clergy Eleanor Whalley Hannah Richardson Susan Potts Ifrom 619120221 Ex Olticio- Wardgns Mark Campbell 12714120221 Diane Cole127K4120221 Ex Oftioio- Swods Carol WeymAn127J4J20221 Elected meYrt)ers whts finished theii term on 2714022 Joy Martin Elected members who chose to sland down trom of[8 on 271412022 Alison Evans Elo¢t8d members from 271412022 with a threo-yearterm Id8te ol election in bracketsl John Col812714i20221 Margaret FishÈr127J4120221 Christin& Gasccilgnè12515120211 Susan Tas4or125105120211 Pamela Cole125J05120211 Carol Weyfft&n (22/1012020) Lynne Webb122110120201 EleCteapPointSd offir5 01 the PCC Vice-¢hair'. Mark Campbell 12714120221 Treasurgr: Simon Wrfight12515J20211 Secretary." David fickner 12714120221 Pallsh Administrator.. Margaret Fisher105rf02120171 Elèctora1 Roll Offir. Lynne Wèbb 12714120221 Safeguarding Offi¢or until iiW2022". Caroline Vinall 127J4120221 Safeguarding Officer Iiotn 1f8]2022 Gafol Woyman IIWt120221 Data ProtOCtion Offlcei.. Margaret ¥ishèr12814120221 Gbft Aid OfFicer= Eleanor Whalby11112120211 minlstratlve Informatlon Church Name.. St AndreWs, Soham Address.. Fountain Lane, Soham, Cambridgeshir8. CB7 SED Vicar.. The Rev'd Eloanor Whalley Bankers.. Barclays Bank PLC, 28 Hlgh Street, Ely, G87 4LA Inspecting Archite¢t.' Stephanie Norris, Stephanlè Norris Architects Independent Examinpr.. Naomi Hedgr4r, Chaler Allan LLP Charity Registration Nurnb&r'. Th8 Paro¢hial Church Council of the ec¢lesiaslicd parish of St Andrew Soham is a Registered Charity} numb&r 1196349
THE PARQCHIAL CHURCH COUNCIL OF THE ECCLESIASTECAL PARISH OF ST ANDREW SOHAM PAROCHIAL CHURCH COUNCIL'S ANNUAL REPORT FOR THE YEAR ENDED 31 DECEMBER 2022 ObjeclÉv8¥ and Actfvltle We aim io serve our ¢ornmunitles prayerfully, and to work tooether with friends wlthin the chureh communty and beyond, aitning to play our part in the building ol God's Klngdom and helping Ople to experiencè God's love antj grow as ttisciples Df Jesus. We enjoy each. tsther's eofflpany as we celebrate Gi)d's hope and Ilfe and the beauty of Creation. Finonclal Rwi8w The total amtsunt ol everyday income. which èx¢lud&s restricted funds, lor thè yaar was £71 k. The ioial amount ol everyday 8xp&nditure was £73k. The everyday, or unrestricted. d81i¢it for the year was £2k. Income swilically ralating lo edged giving, which In¢ludes tax rec1med. for this yearwas £47k. Fund raising activities were £4k in 2022. The overall dèli¢it, including re5tricÈed and endowment funds, wa5 £15k This deficit wa8 due to the loss on investments of £17k in 2022. D8tailed financial iftformauon is given in the pages that folbw. An Tren7 to note Is that th8 2022 Ministry Share and 2022 Diocesan Fees were PaKI in full. We were thanked by th¢ Diocese lor achi8ving both of these targets. As last year, many members of the ¢ongreg8tion reviawèd their general glving, and thère has been increased take- up of th8 Parish Giving Scheme. The PCC continue rtsi do all they ¢an to encourag& people Éo gfrrfe via the Pari8h Giving Scheme.. the extent to which glving in this way rtTrduces the wodload of voluntees 8t parish level cannot be over-slat, and we hope more oivers will switch to this scheme In 2023 if they are able lo do so. The PCC 1$ of course grateful to all givers, whatever meth¢xl trey uss. As a congregation, w¢ currently benolit frorn various bwuests and gitts thatwero lett by Basil Sladi, Gra Norman, Mrs Jill Clark and Arthur Lyon, in addition lo the Cow611 and Peacoek bequests which We substantial for their timè and have been particularly important in dlowing us to fund gen8ral Church ministry, the youth ministy, and rèpairs related to thg roof, bells and tower. Church rnernbers are invitsd to consider whetherthey might wantto makè provision foi future congregations by leawng lasting b&qu8$ts or gifting through their wills. The financial outlook is still challgllging, but we are making progress goi)d progress as 8videnced by pa5qng both the Ministry Share in lull this year. Prindpal hJnding sour¢es The? regular sources of funds lor norrnal operations are charitable donations from Church members, fund raising activities which bring in conthbutions from th8 wider community, statutory fe¢s due from wgddlngs and funerals. and interest and dividends from our investment holdings. Additional sources of in¢ome come from Sohaffl United Charities and an annual grant from Pembroke Collège towards thg ¢OSt ol our insurance premiums in respect of the Chanc81. Inv&stmentptrlicy St Andr8w's reserves are invested with thg CBF Church of England Funds, and iEt deposit ac¢ounts operated by the Ditscese. which are reviewed regulady.
THE PAROCHIAL CHURCH COiINCIL OF THE ECCLESIASTICAL PARISH OF ST ANDREW SOHAM PAROCHIAL CHURCH QOUNCIL'S ANNUAL REPORT FOR THE YEAR ENDED 31 DECEMBER 2022 Res8Tres policy Thelgvel ol r6serves that will be tnaintsined will be SLrficient to gnsure the Church continues to fun¢tion thioughDUt the ensuing y8ar. Unusual Income, such as bequests and occasional unrestrlctèd lump surns, tor use in funding nDn-regular needs, are held in rèserve a8 design8ted funds. The Charity aimg to hold excess of one year's worth of running Costs laround £70kl. Aithe year end the tolal funds held were £189k, ol which £5tkwere r¢stricied funds, £130k wère endowmgnt lunds leafig tree reserves of £gk. Prlneipalrtsks and une8rtainiie$ The most rc¢oni Quinquennial inspection ol Si Andrew's Church building carried out in 2021 ieitarat8d the need lor very considerable uro6nt restoration work to be undertaken as soon 8$ lund8 are available to carry rt Dut. Temporary patch repairs ol the roof b8gan in 2017 and are beginning to fail. Additional patch repaiis are béing carrled out as and where posslbls, bul the eondS1ion of the roofs continues to worseTr.. The towerwas cordoned off lor saf8ty reasons in February 2018 aryd viill remain so until thè entirety of its surface can be repaired. A bid for major funding from the National Lottery Heri;oge Fund INLHFI to carry out r8Storatlon work was submitted in November 2019 but unfortunate proved un8uceèsslul, appaiènuy due to the scale ol the funds bèing asked for. In accordance with feedback from NLHFfollowing this unsuccossful bid, the PGC has decid&d to phase restoration works and submitled a rewisffd'phase 1, bid to NLHF in November 2022, airned at r8rooling the transèpts and carrying Olut Iran8ept masonry repairs and holding repairs on the resr tsf the roofsw. Happily, this bid was successful. ènd th& PCC contlnues its ettorts to i(leTrtify a(klitional funding source for thgse and lurtherworks. Volunte8rs h8 lilg of St Andr8w's chr¢h relies on the ongoing prayer, cornmltmenl and contribution ol m8mbers of its congregation and very rnany othgr volunteers throughout the year. Their efforts are greatly appr8tsiated'. we could not begln to manage without 117ern. Publ1¢ benefft The trustees, in sèttin9 their objechves, htve had due règard to the public benefit guidance i$8ued bythe Charity Commission. Theire specifi¢ obj8ctlve is to promote in the cle$paStical parish the whole missltsn ol the church. This is achieved through th6 provision ol services of public worshiri, including the Occasional Offi$ Ibaptlsrns, weddings and funerals)., the provision of other activiiiès open to all members ol the piubllc 2nd aimed particulaAy at those in nged leg. occasional after-school drop-ins, such as our anntsal Pancake Patyi.. mthng the church building available foi use by external organis21ions whose activites are of d1ct public benefit, particularly to those in need leg. Ely Foodbank at Sohzml Plans forfuthre peritsds We IoDk forward to the coming y&ar, and in parbcular to.. Continuing to devèlop the spiritual and pastoral life of the church and wider commvnity Dèvejoplg ourwider-community Ilnks, including with other ¢hurch&$ and fellowships, wtth our local loodbank, Sohams schools and with residentiallnursing hom&s. Carrying out futurè herilag¢-relatBd ¢ommunity a¢livRles. Continuing to work to bring in funds for both every day running costs and large-s¢ale restoraiion work.
THE PAROCI4L4L CHURCH COUNCIL OPTHE ECCLE3EWICAL PAIWOFsfANDREW SOtrIAII PAIIOCHIAL CIIURCH COUNCIL'SANNUAL REPORT FOR'TME YEAR ENIED 31 DECEMBER 2Q22 ststawrt.ofTru¥tsgs' Re#pDnslbilt Th¢ Trustes are rvrle forprepafngth& Reportofthe tr3rrd1 SI¥ents1 a¢L))rdan¢ appa¢2blg law 8nEY Uftited lQngdoftAeeoukn Standardy (ljnited Sfjfigdom GenernlyAccéwAttouthJg" The law appl¢¥blg io chitiEg h Englar Wl6s,Ihe A¢tÉXkll. Charfty(Accwnt8 and PepoTtsI Rtsgvlations 2006 and Ibg provl9fte Tru D&ed req1H t TTusleeFlo prepao fir[a8[slegmsftsr eath finan¢iai year which aThllwrtr58w 01 state.vtaffaBsot the Ctority and olthe incoming i&souraes and appfKati¢M offBsources. Ihe e)3#Jre. of the Clajfty for thatpemd. preptng thosè sktemonts, fft@ Trust$ aro to.. 8ebei ¥uibbIaaounl pollcles ald trÈn applythem wRsisternir, obserwe the melhods andpThncipEe5 In trCh8ritySORP., ¥Mk8itJdgomÈnts and Ihatar8 leasable and pwclefitr, pr.ep4rethe fJnanc¥at slateJJEnts or> ¢hg gotfjg¢onc¢m ba. unless ifiskiappropda to pr¢wme ththe.Ch?rftywillcontirNe kn bttsuEss. The Truste£s #B resp)Nsa>tsr keep1 proper a¢COL5nbllg reoorts ¥thl¢h disfknse wilh Fea8orRblè ac¢uraey. any brnettle #nanckxl posihon olthe C,8Vr1d io &rble enwrethatthe Ananclal staternents CharftiesAct 2Q11,th¥Chartty (AceauNts and Reports) R#uiattoris 2[andth6 proJisions fjF thè TIust Del. They arntso responsib50 trs8feuvarilrg the assets vFtlw'CtMrtyand he¥Jctorlakirw wasonabje steDs foTthR and detgthol 3r)d tsth8rlrffeguFatth&. Appffovpd byih& ParC¢hI Churtth ¢ounal'oft.. . arxl ¥vJnetl oh thEk behaKty.' The Rgvd EFoanoYWI18JleyiChah) Svrnft Filght rrroa$u
THE PAROCHIAL CHURCH COUNCIL OFTHE ECCLESIASTICAL PARISH OF ST ANDREW SOHAM INDEPENDENT EXAMINEFIS, REPOSIT FOR THE YEAR ENDED 31 DECEMBER 2022 I report to thè charity trustees on my examlnation ol the a¢¢ounts ot the charity for thè year ended 31 December 2022. Responslbllltles and basls of rOrt As the charity's Irustses you are respon8ible lor the preparation of tha acix>unts in a¢cordance with Ihe quiroments of th& Charities Act 2011 Ilhe A¢t'l. I rert in respect ol my examlnation of the charws accounts earried out rnder section 145 01 the Act and in earrying out my examination I have ftsllolved all Ihe applicable Directions given by the Chaiity Cornmisslon under Section 14515llbl of the Act. Independent gxamlnevs $WeMent I have CDmpl8led Fny examination. I confim that no tTTaterial matters have corne to my 8tt8ntlon In connection wilh the examination glving rne Caus6 to believ8 that in any material respect: 1. accounting records were not kept in r&spECt ofthe charity as required by secbon 130 of the Act- Dr 2. the ac¢ounts do not accord with those records,. or 3. the accounts do not Comply wlth the applicab requiTements conceming the form and cont8nl ol accounts set out In Ihe Gharities IAc¢ounts and Reports) Regulaiions 2008 glher than any requlremenl that the accounts give a rue and fairvlew, which Is not a mattor considéred as part of an independent 6xaminatioM. I havè no ¢oncerns and have come across no other mattèrs in Gonnection with thg examination to which attention shDuld be drawn in thls report In orderto enablg a proper understanding of the accounts ÉD be reached. N J Hèdger BFP, CTA, FCA Chater Allan LLP 7 Quy Court Colliers Lane SIow-¢um-Quy CambNdce CB25 9AU Date.. 6 April 2023
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASnCAL PARISH OF ST ANDREW SOHAM STATEMENT OF FINANCIAL ACTIWTIES FOR THE YEAR ENDED 31 DECEMBER 2022 Unfftstricted Re¥trlcled Endowmwent Funds Fvt7ds Funds Note 2022 INCOME FROM: Donations and legacies Charrtable activities Other trading activities Investm8nts Other in¢ome 2a 2b 2c 2d 28 55,523 9,588 3,800 1,471 1,000 28,206 81,729 9,588 3,800 4.285 1.000 2,814 Total irtcome 71,382 29,020 100,402 EXPENDITiJRE ON.. Raising lunds Charitable actlvltiés 475 72,426 475 98,349 25,923 Total èxpendlture 72,901 25,923 Los89s on inv¢8tments 117,3091 117.3091 Net fncom9llexnd1(ur0l 3,097 117,3091 115.7311 Transfers Net movement an funds f,519 3,097 17,309 15,751 ReconeilÈgtion of lunds: Transfer 13 10,388 47,701 147,042 205,131 Totsl fund¥ at 31 De¢ember 2022 50,798 129,733 189,400 The attached note8 form part ot these accounts
ThEPAROCHIAL CIIURCH COIIIrnOF TrtE ECCLESJASTICALPARISHUF sfANDREWSOHAM AiANeESHEET ILS AT31 DECEIIBEII 2022 hwestments 151.223 Deknr$ gsh2ibart 5.352 E7.999 78,291 Currenl Ilal)IlltlgS.- C¥6dltors: amounts fahkng wjthin one year 35.114 rrentS$ets 98,178 Toitrlnetllsstrts 189,400 Theftthdsofthtscl14 Unre8tWed Fumb Resiiicted Fur Ekn8nt Funts ,798. 129,733 Toial Funda f7 Appro¥od bylh Parochk81 Chuith Coma*0 ... ...... The R8V¢i Elellfwh1ey (Cha5 Siywjn Wiiohl reasurel) The atka¢h¥ttnotysloP3rtl1¥Ssty aewjnts
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST ANDREW SOHMI NOTES TO ThE FINANCIAL STATEMENrs FOR THE YEAR ENDED 31 DECEMBER 2022 1 knountl#g pollole5 {al ba518 of preparatron The finan&al statsments have been prepared under the historical cost convention. The eharity constitutes a public b8nefit entity as defined by FRS 102. The finala1 staleTnenls have been prepared in a¢¢ordancg with Accounting and Reporting by Charities.. Statement ol R6ctsmrnended Practice applicable to charities pr8paring their accounts in accordance with the Financi81 Reporting Standard applicable in the UK and Republic ol Ir&land issued in Octob8r 2019. the Financial Rgporting Standard applicable in the Unitp Klngdorn and Republ1¢ ot Ireland IFRS 1021, the Charth"es Act 2011, thg Companios Act 2006, and UK Generally Aeeepted Accounting PractiTr. Golng eoncem basi$ The liust8es consider that the going concern basis is appropriate as they conslder the reseN£s levels to be sulficiert to ensure that the trustees can m89t their fillanclal obligat'ons for the next 12 to 18 months and on that basis the entity is a golng eon¢&rn. Flnanclal Reporting Slandaid 102. R•duced dis¢losur& exemption$ The trustees havo taken advantage of the following disclosure exemptlon in preparing these financial staternents, as permitted by FRS 102-. (bl Funfl$ Unrgstricted funds represent thg funds of the PCC that are not subject to any restrictions regarding thelr usè and whlch are av{able lor appli¢aiion on the g&neral purposes of the PCC. Funds desllgnated for a partlcular purpose by the PCC are also treated as lunds which have been oiv8n lor a particular purpose and which are therefor8 not available for the general purpose5 Of the PCC. but only for this pa(J1&r purFX)5e. {c} Income In¢om& from planned giving and collections are r8cognlssd as received. Irtme tax recoverable on covènants or gift aid Llonabons is recognised wh$n th8 related inc0rn6 is recogntsed. Grants and lÈyacies are recognised when th& amount falls due. Rgnts and invèstm&nl income are r£¢ognksed when we1Vable. {tl1 Expenditure Exp&nditure is reeord8d wh6n payable, and whére unpad at the y8ar end are included as er8ditDrs. {e} Fixed a$$8ts Consecrèted prDperty is not included in thè accounts in accordan with s.1012jlal and lel of the Charities Act 2011. A$5ets listed in the Chur¢h Invèntory, which quire a facuky for disposal. are inalienable property and Not included in the accounts. For inalpnabl8 property acquired prior to 2015 there is insulli¢ient cost information availabl& and therefore such assets are vajued In the accounts. Items a¢quired Sin January 2015 will be capilalised and dopreciated in the accounts over thèir ¢urrenly anticipatecf usglul eeonomic life whers the c05t 18 de&med surflciently material. Itl Investsnonts Investments are stated at mathet value. 191 Taxatlon The charity is an gxompt charity withln tho meaning ol Schèdule S of the Charitles Act 2011 and is consider8d to pass the tosts sét out in Paragraph 1 Schedule 6 Pinancè Act 2Q10 Rnd th$T8fore h meets the d&finition ol a charitable ¢ompany lor UK Corporation Tax purposes.
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST ANDREW SOHA NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022 I Income Unrestricted Restrict#d Endowment Funds Fund Funds 2022 2a Donations and legacles Pledged GNing'. Offertory includlng Gift Aid donatlons Tax recla1.ab1e Collections Contacuess donations Other donations, grants and legacies LPWS grant 30,800 10,951 3.896 1,16 8,714 196 55,523 30,800 10,9SI 3.696 1,166 32,889 2,227 81,729 24,175 2,031 26,206 2b Charitabl& è¢tivltie¥ Church a¢tvth¢s'. Wedding and fvneral fees 9.588 9,588 9,588 9,588 2¢ Other tra(fing activitles Fund raising events 3,800 3,800 3,800 2d Inveslments Interest Divid8nds 195 1,276 1,471 270 2,544 465 S,820 4,285 28 Other In¢orne Other 1,000 1,000 1.000 1,DOO
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESWTICAL PARISH OF ST ANDREW SOHAM NOTES TO ThE FINAhlCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022 Unrestrlcted Rt¥trb¢tsd Endowment Funds Funds Fund$ 2022 3. Raising bjnds 100 Glub priz8S 475 475 475 475 4. Charltable ActSvltle8 Ministry share Vicar and curaie allowances Church utilities Church insurance Church repairs and maintenanc RoL>f r8pairs- bird control Pmject management Aichttect fees Leg fees Admin Honoraria Junior ehur¢h Contactyess charges Governance Independent 8xarninatio 48,186 2,571 1,487 6,441 2,618 550 48,186 2,i71 1,437 6,441 5,129 12,513 4,400 7,049 3,870 1,813 2,400 1,400 180 2.511 11,963 4,400 7,049 3,870 1.813 2,400 1,400 960 72,426 96D 98,349 25,923 5. Trustee Expens98 No membèrs of the PCC rec8wed any remun8ration. No PCC members claimed expenses. 10
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST ANDREW SOHWI NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022 Unrestrlctatl Reslrlcted Eftdowmenl Fund¥ Fund$ Funds Totsl 6. Investments Transfcr- Not6 13 Additio$ Disposals Interest and divid$rKIs RÈvaluations At 31 Dernber 2022 19,175 147,042 18S,217 2,315 2,315 17,809 151,223 17,3D9 129,783 21,490 Invested In.. GBF Investrnenl Funds CBF Deposit Funds 129,733 129,733 129,733 151,223 Investments held by.. General Fund FabHc Fund Sunday School Fund Bells and Tower MantBnance Fund 42,955 17.954 29,237 39,587 129,733 42,955 17,9S4 36,510 7,273 14,217 21,490 151223 7. D8btors 2022 Tax recover8bl Other deblors 716 4,837 8. Creditors: amounts falling du8 wlthln one year 2022 Trarte crgdltors Other creditors 34,154 960 35,114
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST ANDREW SOHAM NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022 g. Endowment Funds Note13 Bance at 31 Unre#li¥ed Doeember Gains 2022 Transfor General Fund Sunday School Fund Bells and Tower Fund Fabrfc Fund 48,886 33,136 44,870 20,350 15,7311 13,8991 15,2831 12,3961 42.955 29,237 39,587 17,954 147,042 173091 129.733 Endowment Funds con51st of: General Fund- Cowell bequèst the Iorne Irorn which ¢an be used for gèneral purposes and tsken direct to unrestricted income. Sunday School Fund- Peacock and Lyon bequests the Income Irom which is lo be used for the Sunday School and is each year included in the Sunday SchoDI restricted fund. Bells and Tower Fund- Pea¢o¢k bequest the income from which is to èe used on th& chureh b8lls and tower and is èach y6ar includéd in the Bells and Towèr restrictgd fund. Fabric Fund- Basll Sla¢k Trust and Grate Norman bequest the income frorn which is io be used for the upkp and repair of the ehur¢h fabric and 18 8a¢h year included in the Fabrfc reslrlcted fund. 12
THE PAROCHIAL CHUHCM COUNCIL OF THE ECCLESIASTICAL PARISH OF ST ANDREW SOHAAI NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022 10. Restrlctèd Funds Note13 Balttnce at 31 Donations and Granl Inv6stment Incomg Ineome Dec8Enber TMn¥fer Expendllure 2022 Flower Fund Sunday School Fund B&ll$ and Tower Fund Fabric Fund Youth Worf( Fund Nob'ceboard & Communi¢ations Fund Hymn BDok Fund Restoration Fund Project Managgment Fun Naiional Churches Trust Fund 1.944 6,313 12.858 13,5f5 280 498 97 12,201 1,944 7,273 14,216 12,oeo 280 493 97 14.435 960 1,358 497 560 2,511 17,021 5,000 3,625 14,787 5,000 3,625 47,701 26.206 2.814 25,923 50,798 RÈstre Funds consists of.. Flower Fund- donations and lundrai8ing for the cost ol flowers. Sunday School Fund- clonations and ¢ndowmentftJnd income fc)rthe Sunday School. Bells and Tower Fund- donatlons and endowrnent fund income forth8 maSntenan¢e and repar of the bells and tower. Fabric Fund - donations and endowment fund Income for the upkeep and r8pair of the church Itbmc. Youth Wtsrk Fund- Council grani foryouth WDrk. Noticgboard & Communicalons Fund- Grants re1Ve lo allow church events to be publi¢i88d more wklely. Book Fund- donatlons for updating th& hymn books and PA systern. Resioration Fund- donations made towards th& cost of re5tgring tha church bulldlng. Project IAanagement Fund. Donation received to support Si Andrews chUrch-bas heritage-related project Iranagement a¢iivities National Churches Twst Fund- Grant received to support the efforts to coml)act the problem of roosting birds In the church rotsf. 13
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST ANDREW SOHAM NOTES TO THE FINANCIAL sTATEmEs FOR THE YEAR ENDED 31 DECEMBER 2022 11. Analysis of net assets between lunds Unrestricted Restrlctod Endowment Fund Fund Funds Totsl Fund Balances as 2131 Dember2O22 are presented by= Invostments cuent assets Current liabilities 21.490 29,308 129,733 1 $1,223 78,291 35,114 189,400 43.9 35,114 8,869 50,798 129.733 12. frust Funds The PCC acts as trUtse for the Mrs Jill Glad( and Trwn Ey4)losioll funds, with a value or £1,837 and £651 respe¢lively, which have eh8rilaWg aims different to those of Ihe PCC and are not therefore inclDd8d in those accounts. 13. Trdnsler ol Funds Thè Parochial Ghurch Council of the Ecclesiastical Parish of St Andrew Soham becam& a registèrèd charfty on 1 November 2021. The funds ol the unregisterEd St Andrew Soh8m We transferred to th6 charity on 1 January 2022. Following a review of restricted funds, the unrestriGted and restricted funds transferred fro the unregistered St Andrgw Soham havo been reskted. 14