2022-12-31-accounts

		Page
Annual report ofthe PCC		1-5
Legal and administrative	information
Independent examiner's	report
Statement ofFinancial Activities
Balance Sheet
Notes to the accounts		10-15

						General	Designated	Resbfcted	Endowment	Total	Total
						funds	funds	funds	funds	2022	2021
						6	E	E		6	E
Income from:
Voluntary givhrg
Planned giv'xlg						92.686				92,686	54,924
Service collections											376
Non-recurring donations Gift aid recovered						6,193 21,938		6350 1563		23~	16~2 20,730
Grants received								130.590		130,590	53,046
						121,418				259,821	145,598
lmmstnwnts
Bank and CBFDeposit Fund Interest						243			2	245	5
Saleoftuorrag	Schonl - dividends					1,828				1,828	1,767
Fanny lambert	- dividends					24				24	23
Churchyard - dividends						222				222	215
						2,317			2	2.319	~20
Church activities
Fees relating to weddings			and funerals			990		1,454			2,153
Events, seMce Church centre	support, cafe and chapel lettings			—community	use	8,829 7.454				8,829 7~	2,090 2,169
						17,273		1,454		tfk727	6,412
Other income								1,554		1~4	15,157
Total income								142piss	2	282,421	169,177
Expendhure on:
Church activities
Mlssionlupport						7,050		1,046		8,096	1,400
Common fund	support					13,920				13,920	13560
Salary costs								43.362		43.362	35,615
Ctergy expenses						1,820				1,820	695
Staffconferences and training						528				528	524
Church expenses
Mission snd evangelism		mats				17,632		2,273		19,905	8,229
Church running	costs					27,964				27,964	14/N1
Church Centre refurbishment								31/I19		31,819
StMatthias casts							7,710			7,710
Total expenditure
Net gains/(losses)	an Invastmenls								(9,302)	(9802)	9/mg
Net income/(axpemfmau]							P,710)	62,911	(9,300)	117,995	104,241
Transfer offunds						(12,210)		210
Net movement in	funds					59,884	4,290	63,121	(9300)	117,995	104,241
Total funds breught farward						63,948	8,000	64,214	83,794	219,956	115,715
total funds carried fmwanl						123AB2	~	f27~	74.NIS	337 rms	219.996

			2021
			E
Fbwd assets
Tanwble assets		328125	18,68D
Investments		69.714	79,016
Telal ywed asseh		102.139	97,696
Current Assets
Balance at bank and cash		233513	118.618
Debtms		6339	62I27
Total current assets		239,652	124,645
Creditors: amounts	falling due within one year	)32ND)	I2.385)
Nst currMt Sasels		2352I12	122,260
Tetal aasels less current liabfifiies		337,951	219,956
Creditors: amounts	faging due alter more than one year
Total net assets ~By		337,951	219,956
FUNDS
General fund		123,832	63,948
Designated funds		12,290	8.000
Total unrestricted	income funds	136,122	71,948
Restricted income	funds	127,335	64,214
Endowment funds		74vt94	83,794
		337,951	219,956

	ccountmg Puffries
	General
	The hnancial statements have been prepared in aornrdance with the Statement	of Recommended		Pracbcer Accounting and						Reporting				by Charities				pmparirg					their
	acmunts in acounlance the Finanrial Reporting smndard applicable in the UK and Republic of Ireland					(fRS 102)		(second	edition), the				Finanrial				sporting			standard
	appgcable in the United Kingdom and Republic of Ireland (FRS102b the Charities Act 2011and In accordance with							the Church		Accounting				Regulations				2006		governing
	the individual accounts ofPCCs.
	The pCC constitutes a public benefit entity as defined by FRS202.The financial slatemerus are prepared				under the		histoiical		cost corwenlion					except		for		1hevaluation						ef
	Investment assets The flnanrial slatements are presented in sterling whhh Isthe functional currency ofthe charfty						and are munded					to the	nearest		fi.
	Fund accoungng
	Unrestricted inmme funds comprise those funds whbh the PCC are free to use for any purpose in		furtherance				ofthe charfiable					objects. Unrestricted							funds		indude
	designated funds where the trustees, at their discretion, have craatwl a fund far a speciTic purpose.
	Restricted funds are tobe used for specific purposes as laid down by the donar.
	Endowment funds have arisen as a result af lirfts (primarly ofshares) made to the PCC, where it was				primarly expected that					the caprial				weald	be held to generate
	inorme, but could bespent ifthe trustees sodetermine. Details ofthese funds are g'nwn in note 13.
c	Irlcarrra
	Ag inmme ls recognised cmce the charity has entitlement to the Income, It Isprobable that the Income					wfg be rucwVed and the					amount		ofincome				mcelvable					can		be
	measured rugably.
	Planned giving receivable under 0gt Aid Isrecognised only when received. Income	tax referable on		Gib Aided donations					isaccrued fer				on the donation date.									Grants
	and legacies to the PCC are amounted far as soon as the PCC is nodlied ofits legal	entitlement and	the			amount due is quantifiable						and its		ultfmat»			receipt by				the		PCC
	reasonably certain.
	Rental incame from the letffng ofchurch premises isrecognised when the rental isdue.
	Bank interest isaccounted forwhen receive bio
	Expenditure
	Expenditure is remgnised once there is s legal or construriwe obligabon to make	a pavme t to a third				parry, it	is	probable that				settlement will			be required						and			the
	amount ofthe obligation can be measured reliably.
	Uabfifiws are recognised as expenditure as soon as there u a legal or constructive	obligation committing				the charity		to that	expenditure,				it	n probable				that settlement
	will be required and the amount ofthe obligation can be measured reihbiy. All expenditure is accounted				for one		accruals basis			and includes irrecoverable									VAT.
	Irrecoverable VAT is charged as a cost against the activity for which the expendnure	was incurred.
	election sunirort
	The church supports mission in the UK and around the world. Where a parbcular	mission parlner	is		supported		over a number					ofyears, sirict			compliance						with			the
	Charities' Statement of Remmmended Pracbce (SOIIP) may regard same arrangements as constituting					mnslru«bve obligations						such	that future				years'			support				rs
	amounted for in these accounts as s I ability.
	Whilst the support has no linal end date, the Council assesses mission partner Funding on an annual			basis and rs conBdent					that		the mission partners							would		rrot			view
	their support as an open ended obligation on the part ofthe Counril. The annual commement only is		accounted for in these financial									statements.
e	Fixed assets
	Consecrated land and bufidrn s and movable church furnrshi s
	Consecrated and benelim property is exriuded from the acmunts by s.10(2)(a) of the Charities			Act 2011.			Movable		church			furnishings held					by		the	Vicar			and
	Churchwardens on special trust for the PCC, and which require a faculty for disposal, are accounted		as		inalienable			property	«nisse consecrated.						They			are listed				in		the
	church's Inventory which can be inspected at any reasonable time.
	Eqfulrment
	Equipment used within the church premises isdepreciated on astraight line basis over iis useful life:
	Music/FA/Av equipment 5 —10years
	ITand office equrpmerrt 5years
	Individualitems ofequipment with a purchase price off300or less are written off	when the asset Is	acquired, unless the equrpment is deemed part														of	a	larger		pmject,
	e.g.the PA/AV upgrade.
	Investments and realised gains and losses
	Investments are a form of basic finanual rnrimrnent and are initially recognised	at the r transacfion			value and		subsequently			meawred				at their		fair		value		as		st		the
	bala cesheet date using the closing quoted market price.
	Afi gains and losses are taken to the Statement of Finanrial Activities as they arise. Reahsed gains and			lussm on rnvesbnents					ar"		calculated			asthe		dkfference					between
	sales proceeds and their openrng carrying value or thar purchase value rf acquired subsequent to		the			first day	of	the linanoal			year. Unrealrsed					gains			and	losses				are
	calculated as the difference between the fair va(ue at the year end and therr carry	ng value. Realised		and unreahsee				investment				gams and		losses		am combined						i		the
	Statement ofFinsndsl Activities.
	Rnandal Instruments
	The charity only has financial assets and financial liabilities ofa kind that qualify	as basic financial	instruments.				Basic financial			instruments				are	imiially				remgnised					at
	transaction value and subsequently measured attheir settlement value.

															authorising
	doing mncem
	The Fmancial sunemenls		have		been prepared				on a going concern basis as the		PCC believe thai the charity will continue to			operate for 12	months from	thes
	gnancial statements.
2	Ngsslen and evangelism		cans
											6eneral	Dsmgnaled	3esmbmd	Endowment	Total	Tom)
											fundsf	fundsf	funds E	fundsf	2022f	2021
	Children's resources										810				810	795
	Youth resources										814				814	53
	Calh axpwnm										4,386
	OUIraach rasouhns										6.190				6.729	3690
	Fees paid re weddings	and funerals													Ivc54	lfi25
	Yoiith events															180
	Internal minisuy mats														S,432	1,712
											ETANE
	Prior Yearfund split:									~74			1195
3	Chords rsunllttgcesls
													Restrbled	Endowment	Tour	Total
										Note			funds	funds	2022f	2021f
	Church insurance										2.566				2.566	2,471
	Chliidi titgity costs										4+28				4+28	2.099
	Church maintenance										2.239				2,239	2,616
	Parish centre and chapel		building			running		mats			b„rul4				9,944
	Musk)PA/Ay
	Music)PA/AV aqUIprrielit				depreclht		lob				3.767
	MUslc copyright,	Cribs, plario				tirrlliig eto					2975
	Adminbtmthm
	Churchsulte, payrog bureau					6planning			centre		816				816	411
	prlhurlg, postage	nhd smriohwy									933				933	349
	ITand dgce equipment			depreu ation							542				542	202
	Bankfees										154				154	116
	legal and professienal	fees									1,110				I 110
	Independnt examinatian		fee								300				300
	Prior Tnmr fund splits															14.801
4	Stallcars, PCC ranauaragon				and mpenaes,				aml the cad	ofkey nmnagement	persannel
	earned															2021
																E
	Salariies														3IMBE	31241
	Employer's national inswancecosts														3,453	37ESI
	Employmern allowance Employer's pension mntribution														)SA53) 5~ )3.094) rk374 ~~35 15
	Average number ofemployees														1.6	1.0

5	Related party ~ saclians	Related party ~ saclians	Related party ~ saclians
	PCC members and (and		famiges) donated 125,640 before							GNt Aid without		conditions.			PCC members				land famITIes) donated 6250 before				Ggt AM to reslricted funds,
	however these are ag donations				in	to existing funds and do					not place furiher		restrktlons			on	the use ofthese			funds. (Where a		KC member	has only served	for part of
	the year, donations are	included			for	the	whole ofthe flnanrJal year)
	Grants were received fram			thef	op awing		trusts duriing the vmr, which had trustees (Pccmembers)											in mm mon.
																							2022	2021
	Grsntfunding*arity						Relationships		with	PCC members													E	6
	The Iangsett Trust						Rev Chris Tufneg and Rachel Field					are	trustees			Famgles, Chgdren				&youth	Worker's	Fund	9800	7/NID
	SheRield Diocesan Board		ofFinance				David Stanley		isthe		chair ofthe Nants		committee			Families, Children				JI Youlh	Worker's	Fund	SJNN	SJNO
																Parish		Centre Refurbishment Fund					3JKN
	Chumh Burgesses TIust						Oarid Smrday		b alruriee							FamOes. Children				&Youlh	Worker's	Amd	20/)00	20,0IN
																Parish		Centm Refurbishment Fund					5JNN
	The Volmx Trust						David Stanley		is atrustee							Parish		Cemre Refurbishment Fund					2800
	Dughtlbrldge Wedeyan	Reform Chapel					Joanne	Brook	was	a	trustee untg I/1/22, and her					FamiBes, Chgdren				lk youlh	worker's	Fund		4.500
							husband	isatrustee								Parish		Centre Ral'urbishment			Fund			10,00D
	The trustees deriared their			confBris		and	foBowed the grant			BMng char Nba		conflkts of		Interest			polk	les,	during	the derislon mabng process.
	tuber related pariy transacrmns				during		the year	were:
	5Keen (the darwhter			ofHelen		Keen who is		a PCC	member) received mission fund					support			ofE&000.
	~ lhe PCC had full use			of the Dughtibridge				Wesleyan		Relorm Chapel		(formalised		by		a commercial lease) - the PCC received fees relatmg to external								users and
	incurred operating		coals.Jomne Brook.a PCC member								was atrustee	unOI	1/2/22.	and her husband					isatrustee.
6	Independent ammlnauon			fee
	Independent examinatian			fee
	Other fees paid tothe independent					examineris organisation					—acmuntancy	senicss												110
7	TahJPMe INsets
																					Musk, PAand AV		ITand amc»
																					euulpolmlt		plphtwlt	Fatal
																							E
	Cast orValuation
	Asat 1Jahualy 2022																					20JNJJ	1.008	22200
	Addhkuw																					lfv352	1,702	18,054
																							2.710	392ma
	Depreclarion
	Asat 1January 2022																					2,918	202	3,130
	Depreciation charge																					3,767	542	4,309
																						6di95	744	7~
	Net Rank Value
	Asat31December 1022
	As at M December lml																				~17874
6	Instmenls
																								2021
																								6
	Valuation 0/fwd																						79/J16	69,128
	Gains/(losses) during the		year																				(9302)	9888
																							69.714