## **The Combined Financial Statements of** 

**The Parochial Church Council of The Ecclesiastical Parish of** 

**South Beddington and Roundshaw, Incorporating St Michael & All Angels Church South Beddington And St Paul's Church Roundshaw** 

**Charity registration number: 1197967** 

**For The Year Ending 31 December 2022** 

Charity registration number: 1197967 

1 



Independent Examlnerfs report to the trusteeslmèmbers of The Eccleslastlcal Parfsh of
South Beddlngton and Roundshaw. Incorporatlng St Mlchael & All Angels Church South
Beddington And St Paul's Church Roundshaw Charlty reglstratlon number: 1197967
I report on the accounts frir the year ended 31 De￿rnber 2022 which are set out on the following
pages.
Res
vorns
nslbllitles of the Trustées and Inde
8ndent Examlnor
The Charitys trustees are responsible for the preparalion of the accounts. The charitys
trustees consider that an audit Is not requlred for this year under Section 144 of the Charities Act
2011 (the Charities Act) and that an independent examination is needed.
It is my responsibility
to examine thè accounts undsr section 145 ofthe Charities Act,
to foll¢Jw the prO￿dureS laid down in the General Directions given by the Charity
Commission (under section 14515}(b) of the Charities Act. and
to state whether particular matters have come to my attention.
My examination v￿S carried out in ac￿rdanCe véilh the General Directions given by th8 Charity
Commission. An 8xaminatlon includ8s a review of the accounting records kept by the charity and a
comparison of the accounts presented with those records. It also indudes consideration of any unusual
items or disclosures in the accounts, and seeking explanations from th8 trustees conceming any such
rn3tters. The procedures undertaken do not provide all the evidence that would be required in an audit,
and consequently no opinion Is given as to whether the accounts present a Irue and faiff view and
the report is limited to those maitsrs set out in the statement below.
In connection with my examination, no material matters hav6 come to my attention which gNe me cause
to believe that in any material respect:
accounting records were not kept In accnrdano with Section 130 of the Charltles Act
or
the accounts do not acwrd with the a¢￿UntIng records or
the acGounls do not comply with the applicable requirements con￿mIng the fom
and content of accounts set out in the Charities (Accounts and Reports)
Regulations 2008 other than any requirement that the accounts give a true and
fair view which is not a matter considered as part ofan Independent Examination.
I have come across no other matters in connection with thé examination to which attention
should be drawn in order to enable a proper understanding of the accounts to be reached.
&gned......
Date:
Mrs. Anne Golbourn.
22 Stuart CresGent Croydon CRO 8QP
07800 755363
Ghaiity I?￿tion nurnber. 11979$7

## **2022** 

## **Financial Statements** 

**for St. Michaels and All Angels Church South Beddington to 31st December 2022** 

Charity registration number: 1197967 

3 



## **Treasurer’s Report on the Financial Statements for St. Michaels and All Angels Church, South Beddington** 

Finally, I have been able see a year through which has been as normal as probably any year can be, as I guess there will always be exceptional expenses. The year began with a very beneficial boost to our funds by the pantomime £6,593.39 which laid the foundations of church activities returning to nearer normal after two very challenging years. Our gift day was sufficiently well supported that we were able to give £868.71 as 25% of the total £3,463.63, to help St Michaels Kwekwe with their purchase of a parish vehicle; in dollar terms that amounted to $1000 which they received. Another example of our gift giving was for Crisis at our Christmas services which amounted to a generous £340.26 banked by year end and with further monies to be paid in January given the difficulties of cost of living currently. 

## **Incoming Resources** 

The total income for St. Michael’s Church was £123,446.86 which is an increase of £23,006.31 from the 2021 total income of £100,440.55. However, £26,245.30 of this increase is made up from legacies and bequests. What is not included is the £3,537.83 from St Pauls recharges for Q4 of 2022 paid into the bank on 23[rd] January 2023.  Planned Giving by standing order increased from 2021 by £665.50 to £39,442.00 in 2022 whilst the planned giving by envelope rose by £262 to £1,327. The opportunity for cash Collection increased from £1,944.23 in 2021 to £2,934.51. This year unlike the last we had a gift day which realised £3,463.63, a quarter of which was despatched after quite a run around to St Michaels Kwekwe. 

Gift Aid recovered was £9,469.66, considerably less than the £16,397.16 the previous year, although that latter amount was unusually bolstered by timing issues brought about by the pandemic. In 2021 because of the pandemic our overall fundraising effort was rather lower than normal at £3,295.91, whereas this year with the benefit of the Panto, (£6,593.39) Murder Mystery, (£982.19) organ funds sales (£3,903.61) and Jubilee Event we have managed £11,479.19. There are two amounts listed under income other (IN015) which were very welcome, £600.00 from The Trussell trust and £1,400.00 from the diocese to help with heating payments at the church. It had been arranged rent from The Centre could be reduced in 2021 but this has now been increased such that we received £10,020.00 in total in 2022, which is comparable to the £9,555.00 in 2019 before reductions to rent were arranged due to the pandemic. 

In 2022 we received £258.00 for five occasions of reading wedding banns and £1,110.00 for 5 funerals or interments including another held over from 2021. 

Compared to budget of £102,800.00 the church is in receipt of £97,201.56 if legacies are removed but if Q4 recharges from St Pauls are added of £3,537.83 the deficit on income of £2,060.61. 

We report in detail about the Organ Fund in note No. 1 in the Notes to the Financial Statements below. We express our thanks to Stephen Parker and our Gift Aid Officer for keeping the treasurer correctly informed of necessary procedures. 

## **Outgoing Resources** 

## _**Parish Support Fund**_ 

Charity registration number: 1197967 

4 



We pledged as a parish to contribute £60,700 to the PSF. Despite the continued challenges this time owing to the inflationary pressures of the year we paid to the Diocese £48,000.00 from St. Michael and All Angels Church and £12,700.00 from St. Paul’s Church. 

## **Running Costs** 

Our running costs incurred for 2022 amounted to £35,841.13. These expenses include “utilities” (i.e. gas, electricity, Wi-Fi and waste) totalling £5,707.70, rather higher than 2021’s of £4,684.17. Insurance of £7,224.77, Clergy £5,477.59, Church Admin £5,100.61 and Choir and organ £3,420.81, Altar services were £1,457.79 and Church Maintenance and fire support £2,646.20. These major expenses total £31,035.47 of the £35,841.13 with all other expenses much as were to be anticipated. 

## **Exceptional Costs** 

There were some exceptional costs during the year. The discovery of the inadequacy of the lightning conductors had to addressed and also the collapsing of the drains at the eastern end of the church required some more preliminary works. These came to a total of £9,318.27 but whereas the lightning conductors are sorted there is a good deal of funding required to sort the drainage issues. Another expense shown in the accounts but covered by a legacy was the replacement of the altar carpet at £5,480.00. 

Compared to the planned expenses budget of £84,084.60 we spent £112,930.10, but this includes the exceptional expenses above totalling £14,798.27 which still leaves the church overspent by £14,047.23 if these are allowed for. 

## **Overall** 

The total income for 2022 was £123,446.86 as against expenditure of £112,930.10, a surplus of £10,516.76. However, as stated elsewhere there were legacies of £26,245.30 received during the year which if removed would give a deficit of £15,728.54. 

. 

## **Robert Bourton 8 February 2023** 

Charity registration number: 1197967 

5 



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Approved by the Parochlal Church Councll on Tuesday 14 February 2023 and signed on its behalf by..
Roverend Captain Paul Fitzpatrick C.A SCP (Assistant Curaie)
. Mr Michael J Walker CBE (Vice£hair of PCC)
Charity number. 1197%7

## **St. Michael and All Angels, South Beddington** 

## **Statement of Financial Activities** 

## **For the period from 01 January 2022 to 31 December 2022** 

||**Unrestricted**|**Restricted**|**Endowment**|**Total**|**Prior year**|
|---|---|---|---|---|---|
||**funds**|**funds**|**funds**|**funds**|**total funds**|
|**Incoming resources**||||||
|Incoming resources from generated funds|-|-|-|-|-|
|Voluntary income|79,758.49|4,747.09|-|84,505.58|68,400.31|
|Activities for generating funds|7,923.94|3,842.43|-|11,766.37|1,317.08|
|Investment income|39.85|-|-|39.85|4.12|
|Incoming resources from charitable activities|14,211.86|-|-|14,211.86|13,523.23|
|Other incomingresources|11,768.20|1,155.00|-|12,923.20|17,195.81|
|**Total income**|**113,702.34**|**9,744.52**|**-**|**123,446.86**|**100,440.55**|
|**Resources used**||||||
|Cost of generating funds|-|-|-|-|-|
|Cost of generating voluntary income|57.30|1,077.33|-|1,134.63|252.72|
|Fundraising trading cost of goods sold and other costs|-|-|-|-|-|
|Investment management costs|61.44|-|-|61.44|-|
|Charitable activities|87,308.09|9,757.79|-|97,065.88|103,198.63|
|Governance costs|-|-|-|-|-|
|Other resources used|14,668.15|-|-|14,668.15|16,885.12|
|**Total expenditure**|**102,094.98**|**10,835.12**|**-**|**112,930.10**|**120,336.47**|
|**Net income / (expenditure) resources before transfer**|**11,607.36**|**(1,090.60)**|**-**|**10,516.76**|**(19,895.92)**|
|**Transfers:**||||||
|Gross transfers between funds - in|-|1,519.55|-|1,519.55|1,766.08|
|Gross transfers between funds - out|(1,519.55)|-|-|(1,519.55)|(1,766.08)|
|**Other recognised gains / losses**||||||
|Gains/losses on investment assets|-|-|-|-|-|
|Gains on revaluation,fixed assets,charity's own use|-|-|-|-|-|
|**Net movement in funds**|**10,087.81**|**428.95**|**-**|**10,516.76**|**(19,895.92)**|
|**Reconciliation of funds**||||||
|**Total funds brought forward**|**77,985.78**|**47,543.76**|**-**|**125,529.54**|**145,425.46**|
|**Total funds carried forward**|**88,073.59**|**47,972.71**|**-**|**136,046.30**|**125,529.54**|
|**Represented by**||||||
|Unrestricted||||||
|General fund|58,956.79|-|-|58,956.79|68,884.01|
|Designated||||||
|FABRIC FUND|-|-|-|-|-|
|LEGACY AND BEQUESTS|29,122.37|-|-|29,122.37|9,122.37|
|YOUTH MINISTRY FUND|30.03|-|-|30.03|15.00|
|Restricted||||||
|Agency collection|-|(35.60)|-|(35.60)|(35.60)|
|CHOIR FUND|-|1,701.26|-|1,701.26|-|
|FABRIC FUND|-|(4,384.36)|-|(4,384.36)|-|
|FLOWER FUND|-|874.10|-|874.10|834.40|
|ORGAN FUND|-|48,018.42|-|48,018.42|45,086.07|
|YOUTH MINISTRY FUND|-|1,763.29|-|1,763.29|1,623.29|
|**Total funds**|**88,109.19**|**47,937.11**|**-**|**136,046.30**|**125,529.54**|



Charity registration number: 1197967 

7 



## **St. Michael and All Angels, South Beddington** 

## **Analysis of income and expenditure Selected period: 01 January 2022 to 31 December 2022** 

||**Total**<br>**General Designated Restricted Endowment**<br>**This year**<br>**Last year**|
|---|---|
|**Incoming resources**<br>**Incoming resources from generated funds**<br>IN001 - Planned Giving Standing Orders<br>IN002 - Planned Giving Envelopes<br>IN003 - Cash Collection<br>IN004 - Gift Aid Recovered<br>IN0041 - Gift Aid Received On Behalf Of St Pauls<br>IN005 - Donations General<br>IN0051 - Donations Flowers<br>IN0053 - Organ Fund Donations<br>IN007 - Legacies and Bequests<br>IN0071 - M Booth<br>IN0072 - S. Jones<br>IN0073 - D.Ede<br>IN022 - Donation RE Youth ministry<br>IN024 - Giving ad hoc<br>IN0052 - Donation for Candles<br>IN008 - Fundraising<br>IN0081 - Fundraising Parish Breakfast<br>IN00811 - Fundraising Ride and Stride<br>IN00812 - Fundraising cabaret<br>IN00813 - Fundraising Quiz<br>IN00814 - Fundraising Jar<br>IN00815 - Fundraising Fish and Chips<br>IN00816 - Fundraising Fair<br>IN00817 - Fundraising Zimbabwe<br>IN00818 - Murder Mystery<br>IN0082 - Fund Raising dinner dance<br>IN0083 - Fundraising Easy Fundraising<br>IN0084 - Fundraising Panto<br>IN00841 - Fund Raising Oliver<br>IN0085 - Fundraising auction /raffle<br>IN0086 - Organ Fund Sales<br>IN00861 - Organ Fund cream teas<br>IN00862 - Organ Sponsorship<br>IN0088 - Fundraising church calendars<br>IN0089 - Fundraising Christmas cards<br>IN0090 - Fundraising Gift Day<br>IN091 - Fundraising -toddlers club<br>IN092 - Fundraising Coffee Morning<br>IN093 - Fundraising Community Events<br>IN095 - St Paul Fundraising<br>IN009 - Interest Receivable<br>IN021 - Bank Interest<br>**Incoming resources from generated funds Totals**|39,442.00<br>-<br>-<br>-<br>39,442.00<br>38,776.50<br>1,327.00<br>-<br>-<br>-<br>1,327.00<br>1,065.00<br>2,752.80<br>-<br>181.71<br>-<br>2,934.51<br>1,944.23<br>8,958.23<br>15.03<br>496.40<br>-<br>9,469.66<br>16,397.16<br>-<br>-<br>-<br>-<br>-<br>-<br>1,018.13<br>-<br>-<br>-<br>1,018.13<br>593.83<br>-<br>-<br>419.17<br>-<br>419.17<br>474.00<br>-<br>-<br>3,524.81<br>-<br>3,524.81<br>417.22<br>-<br>26,245.30<br>-<br>-<br>26,245.30<br>8,622.37<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>125.00<br>-<br>125.00<br>110.00<br>-<br>-<br>-<br>-<br>-<br>-<br>181.75<br>-<br>-<br>-<br>181.75<br>117.99<br>151.61<br>-<br>-<br>-<br>151.61<br>262.75<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>15.00<br>-<br>-<br>-<br>15.00<br>8.65<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>982.19<br>-<br>-<br>-<br>982.19<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>6,593.39<br>-<br>-<br>-<br>6,593.39<br>270.00<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>378.80<br>-<br>378.80<br>657.69<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>3,463.63<br>-<br>3,463.63<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>12.71<br>-<br>-<br>-<br>12.71<br>-<br>27.14<br>-<br>-<br>-<br>27.14<br>4.12|
||**61,461.95**<br>**26,260.33**<br>**8,589.52**<br>**-**<br>**96,311.80**<br>**69,721.51**|



Charity registration number: 1197967 

8 



||**Total**<br>**General Designated Restricted Endowment**<br>**This year**<br>**Last year**|
|---|---|
|**Incoming resources from charitable activities**<br>IN011 - The Centre Rent<br>IN012 - Hire of Church<br>IN014 - Car Park Income<br>IN015 - Income Other<br>IN0161 - Fees - Wedding Fees<br>IN0162 - Fees - Funeral Fees<br>**Incoming resources from charitable activities Totals**<br>**Other incoming resources**<br>IN006 - Grants/Payments to Fabric Fund<br>IN017 - Sundry Income<br>IN023 - The Centre Recharges<br>IN096 - PSF Recharge St Paul<br>IN097 - Miscellaneous Recharge St. Paul<br>IN099 - Income Credit to Journal<br>**Other incoming resources Totals**<br>**Incoming resources Grand totals**|10,020.00<br>-<br>-<br>-<br>10,020.00<br>5,000.00<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>300.00<br>2,823.42<br>-<br>-<br>-<br>2,823.42<br>7,214.23<br>258.44<br>-<br>-<br>-<br>258.44<br>495.00<br>1,110.00<br>-<br>-<br>-<br>1,110.00<br>514.00|
||**14,211.86**<br>**-**<br>**-**<br>**-**<br>**14,211.86**<br>**13,523.23**<br>-<br>-<br>1,155.00<br>-<br>1,155.00<br>2,055.00<br>108.45<br>-<br>-<br>-<br>108.45<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>9,525.06<br>-<br>-<br>-<br>9,525.06<br>11,600.00<br>2,134.69<br>-<br>-<br>-<br>2,134.69<br>3,540.81<br>-<br>-<br>-<br>-<br>-<br>-|
||**11,768.20**<br>**-**<br>**1,155.00**<br>**-**<br>**12,923.20**<br>**17,195.81**|
||**87,442.01 26,260.33**<br>**9,744.52**<br>**- 123,446.86 100,440.55**|
|**Resources used**<br>**Cost of generating funds**<br>EX012 - Fundraising Expenditure<br>EX0125 - Fundraising Zimbabwe Expenditure<br>EX014 - Candles Votive<br>EX0971 - Gift Aid Received On Behalf Of St Pauls Transferred to<br>Their Account<br>EX015 - Bank Charges<br>**Cost of generating funds Totals**<br>**Charitable activities**<br>EX001 - Parish Support Fund/ Quota<br>EX002 - Utilities<br>EX003 - Insurance Church<br>EX004 - Church Cleaning<br>EX005 - Church Maintenance & Fire Support<br>EX006 - Altar Services<br>EX007 - Organist<br>EX008 - Organ & Choir<br>EX009 - Missions<br>EX010 - Insurance The Centre<br>EX011 - The Centre Letting Expenses<br>EX013 - Sundry Expenses<br>EX016 - Church Admin<br>EX018 - Young Person Ministry Expenditure<br>EX019 - Printing/Stationery-/Advertising/Website<br>EX020 - Church Finance System<br>EX021 - Church Finance System/Training and Support<br>EX022 - Clergy and Training|57.30<br>-<br>1,077.33<br>-<br>1,134.63<br>252.72<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>61.44<br>-<br>-<br>-<br>61.44<br>-|
||**118.74**<br>**-**<br>**1,077.33**<br>**-**<br>**1,196.07**<br>**252.72**<br>48,000.00<br>-<br>-<br>-<br>48,000.00<br>44,400.00<br>5,707.70<br>-<br>-<br>-<br>5,707.70<br>4,684.17<br>7,224.77<br>-<br>-<br>-<br>7,224.77<br>6,936.46<br>-<br>-<br>-<br>-<br>-<br>1.60<br>2,646.20<br>-<br>-<br>-<br>2,646.20<br>1,529.88<br>692.49<br>765.30<br>-<br>-<br>1,457.79<br>860.99<br>3,000.00<br>-<br>-<br>-<br>3,000.00<br>3,000.00<br>420.81<br>-<br>-<br>-<br>420.81<br>1,519.55<br>1,348.71<br>-<br>-<br>-<br>1,348.71<br>470.00<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>585.96<br>-<br>-<br>-<br>585.96<br>4,591.91<br>5,100.61<br>-<br>-<br>-<br>5,100.61<br>2,103.60<br>-<br>-<br>-<br>-<br>-<br>-<br>651.47<br>-<br>-<br>-<br>651.47<br>1,102.89<br>179.25<br>-<br>-<br>-<br>179.25<br>228.00<br>-<br>-<br>-<br>-<br>-<br>-<br>5,477.59<br>-<br>-<br>-<br>5,477.59<br>5,740.94|



Charity registration number: 1197967 

9 



**Total** 

||**Total**|
|---|---|
||**General Designated Restricted Endowment**<br>**This year**<br>**Last year**|
|EX027 - Fabric Repair<br>EX030 - The Centre Maintenance<br>EX031 - Church Grounds Maintenance<br>EX032 - Flowers<br>EX034 - Church Fabric/Furniture<br>EX099 - Expenditure Credit to Journal<br>**Charitable activities Totals**<br>**Governance costs**<br>EX026 - APCM /PCC Expenses<br>EX029 - Independent Examiners Fee<br>EX033 - Monthly Offering Envelopes<br>**Governance costs Totals**<br>**Other resources used**<br>EX028 - Wedding/Funeral Fees to Contra<br>EX096 - PSF Expenditure Recharge St. Paul<br>EX097 - Miscellaneous Expenditure Recharge St. Paul<br>**Other resources used Totals**<br>**Resources used Grand totals**|-<br>-<br>9,318.27<br>-<br>9,318.27<br>25,178.44<br>-<br>-<br>-<br>-<br>-<br>-<br>27.23<br>-<br>-<br>-<br>27.23<br>420.17<br>-<br>-<br>439.52<br>-<br>439.52<br>386.54<br>-<br>5,480.00<br>-<br>-<br>5,480.00<br>43.49<br>-<br>-<br>-<br>-<br>-<br>-|
||**81,062.79**<br>**6,245.30**<br>**9,757.79**<br>**-**<br>**97,065.88**<br>**103,198.63**<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-|
||**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>544.00<br>-<br>-<br>-<br>544.00<br>211.00<br>12,700.00<br>-<br>-<br>-<br>12,700.00<br>13,133.31<br>1,424.15<br>-<br>-<br>-<br>1,424.15<br>3,540.81|
||**14,668.15**<br>**-**<br>**-**<br>**-**<br>**14,668.15**<br>**16,885.12**|
||**95,849.68**<br>**6,245.30 10,835.12**<br>**- 112,930.10 120,336.47**|



Charity registration number: 1197967 

10 



## **St. Michael and All Angels, South Beddington** 

## **Fund movement summary** 

## **Selected period: 01 January 2022 to 31 December 2022** 

|**Fund**|**Fund balances**<br>**brought forward**|**Incoming**<br>**Resources**|**Outgoing**<br>**Resources**|**Transfers**|**Gains and**<br>**Losses**|**Journal Entries**|**Fund balances**<br>**Carried forward**|
|---|---|---|---|---|---|---|---|
|CHOIR - CHOIR FUND|-|181.71|-|1,519.55|-|-|1,701.26|
|FABRIC - FABRIC FUND|-|4,933.91|9,318.27|-|-|-|(4,384.36)|
|FLOWER - FLOWER FUND|834.40|479.22|439.52|-|-|-|874.10|
|LEGACY - LEGACY AND BEQUESTS|9,122.37|26,245.30|6,245.30|-|-|-|29,122.37|
|ORGAN - ORGAN FUND|45,086.07|4,009.68|1,077.33|-|-|-|48,018.42|
|YOUTH - YOUTH MINISTRY FUND|1,638.29|155.03|-|-|-|-|1,793.32|
|General - General fund|68,848.41|87,442.01|95,849.68|(1,519.55)|-|-|58,921.19|
|**Totals**|**125,529.54**|**123,446.86**|**112,930.10**|**-**|**-**|**-**|**136,046.30**|



Charity registration number: 1197967 

11 



## **Notes to the 2022 Financial Statements for St. Michaels and All Angels Church, South Beddington** 

## **1. Funds** 

## **a. Choir Fund:** 

The Fund balance at 31 December 2022 stands at £1,701.26, represented by: i. Opened Balance: £0 

ii. Transfer in from general fund: £1,519.55 (This money had been incorrectly paid out of the choir fund in 2021) 

- iii. Income from donation at Dennis’ commemoration service: £181.71 

- iv. Closing Balance: £1,701.26 

## **b. Fabric Fund** 

i. (Designated): The Fund balance at 31 December 2022 stands at £Nil, represented by: 

1. Opened Balance: £Nil. 

2 Income: £Nil. 

3. Expenditure: £Nil. 

4. Closing Balance: £Nil 

ii. (Restricted): The Fund balance at 31 December 2022 stands at £Nil, represented by: 

1. Opened Balance: £Nil. 

2. Income: £4,933.91 

3. Expenditure: £9,318.27 

4. Closing Balance: (£4,384.36) 

**c. Flower Fund:** The Fund balance at 31 December 2022 stands at £874.10 represented by: 

i. Opened Balance: £834.40 ii. Donations: £479.22 iii. Expenditure: £439.52 iv. Closing Balance: £874.10 

**d. Legacy and Bequests:** The Finance Committee determined that we should report and track legacies, as we received a number in 2021. This will enable us to manage the spending of these gifts as the legator wished and ensure transparency. Legacies provide us with the opportunity to share the gift of giving with future generations. They are an investment in the life of this church and pass on the joy of giving. The Fund balance at 31 December 2022 stands at £29,122.37, represented by: 

i. Opening Balance: £9,122.37 

ii. Sundry Legacies: £6,245.30 iii. Fr D Ede £20,000.00 iv. Expenditure: £6,245.30 v. Closing Balance: £29,122.37 


Charity registration number: 1197967 

12 



**e. Organ Fund:** Much more activity has been available to be made in this year than the 

previous two enabling the fund to increase to £47,302.46. Represented by: Opening Balance £45,086.07 

i  Gift Aid Recovered £ 106.07 

ii Organ Fund Donations and sales £ 3,903.61 iii Fundraising Expenditure -£ 1,077.33 iv Fundraising Expenditure received in January 2023 -£715.96 

v Closing Balance £47,302.46 although shown in accounts £48,018.42 

**f. Youth Ministry** : The Fund balance at 31 December 2022 stands at £1793.32 represented by: 

i. Opened Balance: £1,638.29 ii. Donations: £155.03 

- iii. Expenditure: Nil iv. Closing Balance: £1,793.32 

**g. General Fund** : The Fund balance at 31 December 2022 stands at £58,921.19 represented by: 

- i. Opened Balance: £68,848.41 

- ii. Income: £87,442.01 

- iii. Expenditure: £95,849.68 

- iv. Transfers: -£1,519.55 (to Choir Fund) 

- v. Closing Balance: £58,921.19 

**2. Agency Collections:** A number of appeals have been supported this year 

- i. Open Balance: £210.00 

- ii. Crisis for Christmas 2021 paid in January; and Crisis for Christmas 2022 leading to £398.86 

- iii. Afghanistan appeal by Christian Aid £210.00, although this was collected late 2021. 

- iv. Ukrainian refugee DEC appeal raised £543.00. 

- v. The Pakistan Floods Appeal £245.00. 

- vi. Closing Balance: £375.26 (This is the December 2022 Crisis appeal paid to them in January 2023.) 

## **3. Building Works 2020 Project** 

Practical completion was certified on 20th November 2020. However, there remains the retention of £3,034.44 plus VAT to be paid to DBR (London) Ltd as well as the installation of flashing above the West End door at a cost of £2,753.61 plus VAT. Additionally, there was a repair to a damaged area of plaster in the church’s South Ambulatory at a cost of £522.75 plus VAT. These various payments remain under discussion between the PCC, DBR (London) Ltd and the architects. 

Charity registration number: 1197967 

13 



## **2022** 

## **Financial Statements** 

**for St. Pauls Church Roundshaw to 31st December 2022** 

Charity registration number: 1197967 

14 



## **Treasurer’s Report on the Financial Statements for St. Paul’s Church, Roundshaw covering 2022.** 

A much more typical year has finally presented itself for the treasurer, which has enabled me to observe how things normally run at St Pauls, which should enable the budget looking forward to be more accurately determined. 

## **Incoming Resources** 

The total received in 2022 from planned giving, envelopes and cash collection was a little down on last year at £3,960.20 as opposed to £4,164.25 in 2021. However, a number of weeks in November and December were banked late which would have raised this year’s total by £227.00, leading to an increase to £4,187.20, both well above budget of £3,400.00. Hall letting has been substantially more with St Paul’s open throughout the year and accrued £22,896.75 as opposed to last year’s £12,537.50. This was below the budget of £28,600.00, but presumably this is because of irregular timing of some payments. For example, we received a very welcome £2,651.25 from the Seventh Day Adventists on the 1st November 2022. 

The total income received amounts to £35,979.94 _, £_ 15,943.00 higher than the £20,036.94 in 2021. We have benefitted from gift aid of £1,253.60 a full £878.60 more than 2021. The lunch club came back into its own raising £2,100.00 whilst other fundraising led to £194.39 being added to funds. 

Compared to the budget of £35,300.00, there is thus a surplus of £679.94 _,_ which is a good result given the uncertain circumstances in which the budget was planned. This also does not include the legacy of £5,000.00 left by Father Dennis which is currently expected to be utilised replacing the folding doors some time in 2023. 

## **Outgoing Resources** 

Total outgoings have been £19,094.86 of which £9,525.06 is three of the four quarters’ PSF payments. Despite the increased usage of the church necessitating more use of utilities and the increasing costs of these, the dual fuel deal arranged last year has limited the impact. This has meant costs of £3,102.62 this year as opposed to £2,560.42 in 2021, rather over the budget of £2,500.00, but less excessive than feared. The other large expense was the quarter expense claims for the clergy and Waterer Rise contribution for rent payments at £2,221.82, against a budget of £3,300.00. All other church running costs amount collectively to £3,092.71, inevitably considerably more than the £2,109.48 spent in 2021, now with the church fully open. In addition, support to the lunch club required expenditure of £1,000.00 but this is under half the income, so it is a very good fund-raising vehicle. 

Total expenditure this year was £19,094.86 below the budget of £25,714.00, but with quarter four recharges to St Michaels not paid until 2023 of £3,561.78. This raises the total expenditure to £22,656.64 but nevertheless this is still £3,057.36 under budget. 

## **Overall** 

The increase in receipts from hall hire has considerably rebuilt the finances which are now on a healthy trajectory. The expenditure of 19,094.86 was easily covered by the £35,979.94 received in income without involving the legacy from Father Dennis. Net is therefore £16,885.08 income over expenditure, but with Q4 recharges added to expenditure this should be reduced to £13.323.30. 

Robert Bourton 8 Feb 2023 

Charity registration number: 1197967 

15 



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Approved by the Parochial Church Council on Tuesday 14 February 2023 aThl signed gn Its behalf by..
Reverend Captain Paul Fittpatrlck C.A. SCP (Assistant Curate)
. Mr Michaél J Walker CBE (Vice-chair of PCC)
Charity number. 1197%7

## **St. Paul's Church Roundshaw** 

## **Statement of Financial Activities** 

## **For the period from 01 January 2022 to 31 December 2022** 

||**Unrestricted**|**Restricted**|**Endowment**|**Total**|**Prior year**|
|---|---|---|---|---|---|
||**funds**|**funds**|**funds**|**funds**|**total funds**|
|**Incoming resources**||||||
|Incoming resources from generated funds|-|-|-|-|-|
|Voluntary income|10,276.60|40.00|-|10,316.60|5,169.13|
|Activities for generating funds|666.59|2,100.00|-|2,766.59|406.00|
|Investment income|-|-|-|-|300.00|
|Incoming resources from charitable activities|22,896.75|-|-|22,896.75|12,537.50|
|Other incomingresources|-|-|-|-|1,624.31|
|**Total income**|**33,839.94**|**2,140.00**|**-**|**35,979.94**|**20,036.94**|
|**Resources used**||||||
|Cost of generating funds|-|-|-|-|-|
|Cost of generating voluntary income|-|-|-|-|-|
|Fundraising trading cost of goods sold and other costs|-|-|-|-|-|
|Investment management costs|135.80|-|-|135.80|-|
|Charitable activities|17,924.95|1,004.38|-|18,929.33|19,319.65|
|Governance costs|29.73|-|-|29.73|25.85|
|Other resources used|-|-|-|-|-|
|**Total expenditure**|**18,090.48**|**1,004.38**|**-**|**19,094.86**|**19,345.50**|
|**Net income / (expenditure) resources before transfer**|**15,749.46**|**1,135.62**|**-**|**16,885.08**|**691.44**|
|**Transfers:**||||||
|Gross transfers between funds - in|-|-|-|-|50.20|
|Gross transfers between funds - out|-|-|-|-|(50.20)|
|**Other recognised gains / losses**||||||
|Gains/losses on investment assets|-|-|-|-|-|
|Gains on revaluation,fixed assets,charity's own use|-|-|-|-|-|
|**Net movement in funds**|**15,749.46**|**1,135.62**|**-**|**16,885.08**|**691.44**|
|**Reconciliation of funds**||||||
|**Total funds brought forward**|**30,007.66**|**1,704.40**|**-**|**31,712.06**|**31,020.62**|
|**Total funds carried forward**|**45,757.12**|**2,840.02**|**-**|**48,597.14**|**31,712.06**|
|**Represented by**||||||
|Unrestricted||||||
|General fund|39,522.39|-|-|39,522.39|28,590.50|
|Designated||||||
|Fabric Fund|1,234.73|-|-|1,234.73|1,417.16|
|LEGACY AND BEQUESTS|5,000.00|-|-|5,000.00|-|
|Restricted||||||
|Agency collection|-|-|-|-|-|
|Craft Group|-|-|-|-|-|
|Fabric Fund|-|50.00|-|50.00|50.00|
|Flower Fund|-|51.24|-|51.24|15.62|
|Lunch Club/Age UK|-|2,738.78|-|2,738.78|1,638.78|
|**Total funds**|**45,757.12**|**2,840.02**|**-**|**48,597.14**|**31,712.06**|



Charity registration number: 1197967 

17 



## **St. Paul's Church Roundshaw** 

## **Analysis of income and expenditure Selected period: 01 January 2022 to 31 December 2022** 

||**Total**<br>**General Designated Restricted Endowment**<br>**This year**<br>**Last year**|
|---|---|
|**Incoming resources**<br>**Incoming resources from generated funds**<br>IN001 - Planned Giving Standing Order<br>IN002 - Planned Giving Envelopes<br>IN003 - Cash Collection<br>IN004 - Gift Aid Recovered<br>IN005 - Donations General<br>IN0051 - Donations Flower Fund<br>IN007 - Legacies and Bequests<br>IN0052 - Donations Candles<br>IN0053 - Parish Lunch Club<br>IN0054 - Craft Group Income<br>IN008 - Fundraising Income<br>IN0081 - Fundraising Parish Breakfast<br>IN00811 - Fundraising Ride and Stride<br>IN00815 - Fundraising Fish & Chips/Pie & Mash<br>IN00816 - Fundraising Fair<br>IN00817 - Fundraising Jumble Sale<br>IN0082 - Fundraising Meal<br>IN0090 - Gift Day Donations<br>IN0095 - Fundraising Roundshaw festival<br>IN021 - Bank Interest<br>**Incoming resources from generated funds Totals**<br>**Incoming resources from charitable activities**<br>IN011 - Hall Letting<br>**Incoming resources from charitable activities Totals**<br>**Other incoming resources**<br>IN0162 - Funeral Fees<br>IN017 - Sundry Income<br>**Other incoming resources Totals**<br>**Incoming resources Grand totals**|1,695.00<br>-<br>-<br>-<br>1,695.00<br>1,363.00<br>1,700.00<br>-<br>-<br>-<br>1,700.00<br>1,659.00<br>565.20<br>-<br>-<br>-<br>565.20<br>1,142.25<br>1,253.60<br>-<br>-<br>-<br>1,253.60<br>375.00<br>62.80<br>-<br>-<br>-<br>62.80<br>629.88<br>-<br>-<br>40.00<br>-<br>40.00<br>-<br>-<br>5,000.00<br>-<br>-<br>5,000.00<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>2,100.00<br>-<br>2,100.00<br>356.00<br>-<br>-<br>-<br>-<br>-<br>-<br>71.59<br>-<br>-<br>-<br>71.59<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>50.00<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>575.00<br>-<br>-<br>-<br>575.00<br>-<br>20.00<br>-<br>-<br>-<br>20.00<br>-<br>-<br>-<br>-<br>-<br>-<br>300.00|
||**5,943.19**<br>**5,000.00**<br>**2,140.00**<br>**-**<br>**13,083.19**<br>**5,875.13**<br>22,896.75<br>-<br>-<br>-<br>22,896.75<br>12,537.50|
||**22,896.75**<br>**-**<br>**-**<br>**-**<br>**22,896.75**<br>**12,537.50**<br>-<br>-<br>-<br>-<br>-<br>91.00<br>-<br>-<br>-<br>-<br>-<br>1,533.31|
||**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**1,624.31**|
||**28,839.94**<br>**5,000.00**<br>**2,140.00**<br>**- 35,979.94 20,036.94**|
|**Resources used**<br>**Cost of generating funds**<br>EX012 - Fundraising Expenditure<br>EX014 - Votive Candles<br>EX025 - Craft Expenditure<br>EX015 - Bank Charges<br>**Cost of generating funds Totals**|-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>135.80<br>-<br>-<br>-<br>135.80<br>-|
||**135.80**<br>**-**<br>**-**<br>**-**<br>**135.80**<br>**-**|



Charity registration number: 1197967 

18 



**Total General Designated Restricted Endowment This year Last year** 

|**Charitable activities**<br>EX001 - Parish Support Fund/Quota<br>EX002 - Utilities<br>EX0021 - Utilities Credit<br>EX003 - Insurance<br>EX004 - Cleaner<br>EX0041 - Cleaning Materials<br>EX005 - Maintenance & Fire Support<br>EX006 - Altar Services<br>EX007 - Organist<br>EX009 - Missions<br>EX013 - Sundry Expenses<br>EX016 - Church Admin.<br>EX019 - Printing/Stationery/Advertising/Website<br>EX020 - Church Finance System<br>EX021 - Finance System Training/Support<br>EX022 - Clergy and Training Expenses<br>EX023 - Parish Lunch Club Expenditure<br>EX027 - Fabric Repair<br>EX031 - Church Grounds Maintenance<br>EX032 - Flower Expenditure<br>**Charitable activities Totals**<br>**Governance costs**<br>EX026 - APCM/PCC Expenditure<br>EX029 - Independent Examiner Fee<br>EX033 - Monthly Offering Envelopes<br>**Governance costs Totals**<br>**Other resources used**<br>EX096 - Miscellaneous Expenditure Recharge to St. Michael's<br>**Other resources used Totals**<br>**Resources used Grand totals**|9,525.06<br>-<br>-<br>-<br>9,525.06<br>11,600.00<br>3,102.62<br>-<br>-<br>-<br>3,102.62<br>2,560.42<br>-<br>-<br>-<br>-<br>-<br>-<br>1,119.34<br>-<br>-<br>-<br>1,119.34<br>1,094.74<br>-<br>-<br>-<br>-<br>-<br>-<br>22.65<br>-<br>-<br>-<br>22.65<br>-<br>602.81<br>-<br>-<br>-<br>602.81<br>336.36<br>169.97<br>-<br>-<br>-<br>169.97<br>48.30<br>-<br>-<br>-<br>-<br>-<br>-<br>60.00<br>-<br>-<br>-<br>60.00<br>50.00<br>44.11<br>-<br>-<br>-<br>44.11<br>-<br>827.28<br>-<br>-<br>-<br>827.28<br>382.65<br>-<br>-<br>-<br>-<br>-<br>160.99<br>46.86<br>-<br>-<br>-<br>46.86<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>2,221.82<br>-<br>-<br>-<br>2,221.82<br>1,931.35<br>-<br>-<br>1,000.00<br>-<br>1,000.00<br>400.00<br>-<br>165.58<br>-<br>-<br>165.58<br>718.40<br>-<br>16.85<br>-<br>-<br>16.85<br>36.44<br>-<br>-<br>4.38<br>-<br>4.38<br>-|
|---|---|
||**17,742.52**<br>**182.43**<br>**1,004.38**<br>**-**<br>**18,929.33**<br>**19,319.65**<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>29.73<br>-<br>-<br>-<br>29.73<br>25.85|
||**29.73**<br>**-**<br>**-**<br>**-**<br>**29.73**<br>**25.85**<br>-<br>-<br>-<br>-<br>-<br>-|
||**-**<br>**-**<br>**-**<br>**-**<br>**-**<br>**-**|
||**17,908.05**<br>**182.43**<br>**1,004.38**<br>**- 19,094.86 19,345.50**|



Charity registration number: 1197967 

19 



## **St. Paul's Church Roundshaw** 

## **Fund movement summary** 

## **Selected period: 01 January 2022 to 31 December 2022** 

|**Fund**|**Fund balances**<br>**brought forward**|**Incoming**<br>**Resources**|**Outgoing**<br>**Resources**|**Transfers**|**Gains and**<br>**Losses**|**Journal Entries**|**Fund balances**<br>**Carried forward**|
|---|---|---|---|---|---|---|---|
|Craft - Craft Group|-|-|-|-|-|-|-|
|Fabric - Fabric Fund|1,467.16|-|182.43|-|-|-|1,284.73|
|Flowers - Flower Fund|15.62|40.00|4.38|-|-|-|51.24|
|LEGACY - LEGACY AND BEQUESTS|-|5,000.00|-|-|-|-|5,000.00|
|Lunch Club - Lunch Club/Age UK|1,638.78|2,100.00|1,000.00|-|-|-|2,738.78|
|General - General fund|28,590.50|28,839.94|17,908.05|-|-|-|39,522.39|
|**Totals**|**31,712.06**|**35,979.94**|**19,094.86**|**-**|**-**|**-**|**48,597.14**|



Charity registration number: 1197967 

20 



## **Notes to the 2022 Financial Statements for St. Paul’s Church, Roundshaw** 

## **1. Funds** 

- **a. Fabric Fund:** The Fund balance at 31 December 2022 stands at £1,284.73 represented by: 

- i. Opened Balance: £1,467.16 

- ii. Expenditure -£182.43 

iii. Closing Balance: £1,284.73 

- **b. Flower Fund:** The Fund balance at 31 December 2022 stands at £51.24 represented by: 

- i. Opened Balance: £15.62 

- ii. Donations: £40.00 

- iii. Expenditure: -£4.38 

- iv. Closing Balance: £51.24 

**c. Legacy and Bequests:** The Finance Committee determined that we should create a Fund and report and track legacies, this fund will receive a bequest in 2022. This will enable us to manage the spend of these gifts as the legator wished and ensure transparency. Legacies provide us with the opportunity to share the gift of giving with future generations. They are an investment in the life of this church and pass on the joy of giving. 

The Fund balance at 31 December 2022 stands at £5000.00 represented by: 

   1. Opened Balance: £Nil 

   2. Incoming Legacies: £5,000.00 

   3. Expenditure: £Nil 

   4. Closing Balance: £5000.00 

- **d. Lunch Club:** The Fund balance at 31 December 2022 stands at £2,738.78 represented by: 

- i. Opened Balance: £1,638.78 

- ii. Donations: £2,100.00 

- iii. Expenditure: 1,000.00 

iv. Closing Balance: £2,738.78 

- **e. General Fund:** The Fund balance at 31 December 2021 stands at £39,522.39 represented by: i. Opened Balance: £28,590.50 

ii. Income: £28,839.94 

iii. Expenditure: £17,908.05 

iv. Closing Balance: £39,522.39 

2. St Paul’s Recharges related to Quarter 4 of 2022 for Parish Support Fund, Rent for Waterer Rise and Finance System were all paid in early January 2023 and will thus appear in the 2023 accounts. 

Charity registration number: 1197967 

21