| Charity information | Page 3 | |
|---|---|---|
| Report to the Trustees | Page 3 | |
| Financial statements | Page 7 | |
| Reserves policy | Page 14 | |
| Independent Examiner's |
report | Page 15 |
| Unrestricted | Restricte | Endowmen | Total | Prior year | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| funds | funds | funds | funds | total funds | |||||||
| Income and endowments | from: | ||||||||||
| Donations and legacies |
27,971.28 | 1,086.96 | 29,058.24 | 1,462,468.38 | |||||||
| Income from charitable | activities | 5,526.96 | 5,526.96 | 4,662.44 | |||||||
| Other trading activities |
8000 | 80.00 | 50 00 | ||||||||
| investments | 29,532.39 | 281 | 29,535.20 | 1,758.61 | |||||||
| Other income | 20.00 | 20.00 | 517.00 | ||||||||
| Total income | 63,130.63 | 1,089.?7 | 64,220.40 | 1,48S,456.43 | |||||||
| Expenditure on: |
|||||||||||
| Raising funds | 305.31 | 305.31 | 301.17 | ||||||||
| Expenditure on charitable |
activities | 81,16617 | 1,268.77 | 82,434.94 | 61,993.02 | ||||||
| Other expenditure | |||||||||||
| Total expenditure | 81,471.48 | 1,268.77 | 82,740.25 | 62,294.19 | |||||||
| Net income / (expenditure) |
resources before transfer | (18,340.85) | (179.00) | (1&,519.85) | 1,407,162.24 | ||||||
| Transfers | |||||||||||
| Gross transfers between | funds | - in | 1,417,715.90 | 179.58 | 1,417,895.48 | 12,390.60 | |||||
| Gross transfers between |
funds | —out | (1,417,479.14) | (41634) | —(1,417,895.48) | (12,390.60) | |||||
| Other recognised gains |
/ | losses | |||||||||
| Gains/losses on investment |
assets | ||||||||||
| Gains on revaluation, | fixed | assets, charity's | own use | ||||||||
| Net movement in funds |
(18,104.09) | (415.76) | (18,519.85) | 1,407,162.24 | |||||||
| Total funds brought forward | 1,439,228.86 | 1,500.80 | 1,440,729.66 | 33,567.42 | |||||||
| Total funds carried forward | 1,421,124.?7 | 1,085.04 | 1,422,209.81 | 1,440,729.66 | |||||||
| Represented by |
|||||||||||
| Unrestricted | |||||||||||
| General Fund | 27,735.33 | 27,73533 | 1,436,756.81 | ||||||||
| Oesignated | |||||||||||
| Building Fund | |||||||||||
| Coffee Morning | 61.58 | 61.58 | 772.00 | ||||||||
| Hardship Fund |
|||||||||||
| Legacy Fund | 1,391,633.52 | 1,391,633.52 | |||||||||
| Reserve Fund | 31965 | 319.65 | 319.65 | ||||||||
| Smurfs | 1,266.03 | 1,266.03 | 1,296.93 | ||||||||
| Womens Breakfast | 108.66 | 108.66 | 83.47 | ||||||||
| Restricted | |||||||||||
| Agency collection | |||||||||||
| Building Fund (RES) | 1,358.61 | ||||||||||
| Childrens Work |
962.09 | 962.09 | |||||||||
| Church Fabric Repair | Fund | 122.95 | 122.95 | 142.19 | |||||||
| Ntchen Refurbishment | Fund | ||||||||||
| Total funds | 1,421,124.?? | 1,085.04 | 1,42Z,Z09.81 | 1,440,729.66 |
| Balance S | heet {Summary) | |||
|---|---|---|---|---|
| As at | As at | |||
| 31/12/2023 | 31/12/2022 | |||
| Fixed assets | ||||
| Current assets | ||||
| Cash At Bank And In Hand | 1,422,264.81 | 1,440,941.66 | ||
| 1,422,264.81 | 1,440,941.66 | |||
| Liabilities | ||||
| Creditors: Amounts Falling Due In One Year |
55.00 | 212.00 | ||
| 55.00 | 212.00 | |||
| Net current assets less current liabilities | 1,422,209.81 | 1,440,'729.66 | ||
| Total assets less current liabilities | 1,422,209.81 | 1,440,729.66 | ||
| Liabilities | ||||
| Total net assets less liabilities | 1,422,209.81 | 1,440,729.66 | ||
| Represented | by | |||
| Unrestricted | ||||
| Unrestricted | -General Funds | 27,735.33 | 1,436,756.81 | |
| Designated | ||||
| Designated | —Coffee Morning | 61.58 | 772.00 | |
| Designated | - Legacy Fund | 1,391,633.52 | ||
| Designated | - Reserve Fund | 319.65 | 319.65 | |
| Designated | - Smurfs | 1,266.03 | 1,296,93 | |
| Designated | - Womens Breakfast | 108.66 | 83.47 | |
| Restricted | ||||
| Restricted | - Building Fund (RES) | 1,35861 | ||
| Restricted | —Childrens Work |
96209 | ||
| Restricted | —Church Fabric Repair Fund | 122.95 | 142.19 | |
| Fund Totals | 1+22,209.81 | 1,440,729.66 |
| Current Asset - Cash At Bank And In Hand | |||||
|---|---|---|---|---|---|
| 6501:General Account | 14,563.19 | 55.00 | 14,618.19 | 530,615.81 | |
| 6502:St Mary's Building Account |
2,717.21 | ||||
| 6505:Savings Account | 4,458.76 | 55,445.52 | 59,904.28 | 906,081.05 | |
| 6510:Discretionary Account |
500 | 5.00 | 5.00 | ||
| 6515:Church Fabric account 124001253F | 122.95 | 122.95 | 142.19 | ||
| 6520:Colfee morning account |
61.58 | 61.58 | |||
| 6530:Smurfs Current 3472 | 8'I9.14 | ||||
| 6540:Smurfs Account 0760 | 33181 | ||||
| 6550:Smurfs Account 0779 | 1.63 | ||||
| 6555:Smurfs Metro bank 8743 | 1,106.39 | 1,106.39 | |||
| 6560:Smurfs Cash in hand |
149.64 | 149.64 | 134.35 | ||
| 6570:Smurfs Float | 10.00 | 10.00 | 10.00 | ||
| 6580:Womens breakfast | 10866 | 108.66 | 83.47 | ||
| 6600:Childrens work account |
962.09 | 962.09 | |||
| 6602:CCLA Deposit Account | 8,708.38 | 1,336,507.65 | 1,345,21603 | ||
| Total | 27,735.33 | 1,393,389.44 | 1,140.04 | - 1,422,264.81 | 1,440,941.66 |
| Liability - Agency Accounts | |||||
| 6699:Agency collections | 55.00 | 55.00 | 212.00 | ||
| Total | 55.00 | 55.00 | 212.00 | ||
| Net total assets | 27,735.33 | 1,393,389A4 | 1,0&5.04 | - 1,422,209.81 | 1,440,729.66 |
| Represented by |
|||||
| General (Unrestricted) | 27,735.33 | 27,735.33 | 1,436,756.81 | ||
| Designated - Breakfast | 108.66 | 108.66 | 83.47 | ||
| Designated —Coffee |
6158 | 61.58 | 77200 | ||
| Designated —LEGACY |
1,391,633.52 | 1,391,633.52 | |||
| Designated - RESERVE | 319.65 | 319.65 | 319.65 | ||
| Designated - Smurfs | 1,266.03 | 1,266.03 | 1,29693 | ||
| Restricted - BUILDING fRES) | 1,358.61 | ||||
| Restricted - Children | 962.09 | 962.09 | |||
| Restricted - Fabric | 122.95 | 122.95 | 142.19 | ||
| Total | 27,735.33 | 1,393,389.44 | 1,0&5.04 | - 1,422,209.81 | 1,440,729.66 |
| Fund | Opening | Incoming | Outgoing | Transfers Gains/Losses |
Journals Closing |
|---|---|---|---|---|---|
| Breakfast | |||||
| Designated | 83.47 | 446.63 | 421 44 | 108.66 | |
| Sub-totals | 83A? | 446.63 | 421.44 | 108.66 | |
| BUILDING (RES) | |||||
| Restricted | 1,358.61 | 52.81 | 1,174.66 | (236.76) | |
| Sub-totals | 1,358.61 | 52.81 | 1,174.66 | (236.76) | |
| Children | |||||
| Restricted | 1,036.96 | 74.87 | 962.09 | ||
| Sub-totals | 1,036.96 | 74.87 | 962.09 | ||
| Coffee | |||||
| Designated | 772.00 | 1,146.58 | 1,065.00 | (772.00) | 61.58 |
| Sub-totals | 772.00 | 1,146.5& | 1,085.00 | (772.00) | 61.58 |
| Fabric | |||||
| Restricted | 142.19 | 19.24 | 122.95 | ||
| Sub-totals | 142.19 | 19.24 | 122.95 | ||
| LEGACY | |||||
| Designated | 20,823.38 | 40,308.70 | 1,411,118.84 | 1,391,633.52 | |
| Sub-totals | 20,823.38 | 40,308.70 | ' 1,411,118.84 | 1,391,633.52 | |
| RESERVE | |||||
| Designated | 31965 | 319.65 | |||
| Sub-totals | 319.65 | 319.65 | |||
| Srnur | |||||
| Designated | 1,296.93 | 1,217.50 | 1,248.40 | 1,266.03 | |
| Sub-totals | 1,296.93 | 1,217.50 | 1,248.40 | 1,266.03 | |
| General | |||||
| Unrestricted | |||||
| Sub-totals | 1,436,756.81 | 39,496.54 | 38,407.94 | (1,410,110.08) | 27,735.33 |
| 1,436,756.81 | 39,496.54 | 38,407.94 | (1,410,110.08) | 2?,735.33 | |
| Totals | |||||
| 1,440,729.66 | 64,220.40 | 82,740.25 | 1422 209.81 |
| Unrestricte d |
Designate d |
Restricte fndowmen d |
t | This year |
Last year | ||||
|---|---|---|---|---|---|---|---|---|---|
| INCOME AND ENDOWMENTS FROM: |
|||||||||
| Donations and legacies |
|||||||||
| 0101-GiftAid- Bank | 9,540.00 | 9,540.00 | 11,660.00 | ||||||
| 0110- Gift Aid —Envelopes | 1,520.00 | 1,520.00 | 2,330.00 | ||||||
| 0201 - Other planned giving |
3,735.20 | 3,735.20 | 3,779.00 | ||||||
| 0301 - Loose plate collections | 6,75903 | 6,759.03 | 7,363.25 | ||||||
| 0401 - Regular gift days |
|||||||||
| 0410 - Giving through church |
boxes | ||||||||
| 0501 - One-off Gift Aid gifts | 22.00 | 22.00 | |||||||
| 0550 - Donations appeals etc | 1,036.96 | 1,036.96 | 15.00 | ||||||
| 0601 —Tax recoverable on Gift Aid |
4,63842 | 4,638.42 | 6,085.17 | ||||||
| 0701 - Legacies | 500.00 | 500.00 | 1,428,973.47 | ||||||
| 0801 - Recuning grants |
|||||||||
| 08A1 - Non-recurring one-off |
grants | 330.00 | 330.00 | 1,250.00 | |||||
| 0901 - Other funds generated | 926.63 | 926.63 | 1,012.49 | ||||||
| 1440- Building Maintenance | Donations | 50.00 | 50.00 | ||||||
| Donations and legacies |
Totals | 27,9?1.28 | 1,086.96 | - 29,058.24 | 1,462,468.38 | ||||
| Income from charitable activities | |||||||||
| 0920 —Coffee morning donations |
1,000.00 | 1,146.58 | 2,146.58 | 772.00 | |||||
| 1101 —Fees forweddings and |
funerals | 85.00 | 85.00 | 501.00 | |||||
| 1210-Bookstall sales to promote objectives | |||||||||
| 1230- Church hall lettings - objectives |
1,63125 | 1,631.25 | 1,760.00 | ||||||
| 1400 - Smurh Subscriptions | 273.44 | 273.44 | 167.46 | ||||||
| 1410 —Smurfs bank interest | 0.06 | 0.06 | 0.05 | ||||||
| 1420 - Smurfs Grants | 944.00 | 944.00 | 1,055.60 | ||||||
| 1430 —Womens breakfast donations | 446.63 | 446.63 | 406.33 | ||||||
| Income from charitable | activities | Totals | 2,716.25 | 2,810.71 | 5,526.96 | 4,662.44 | |||
| Other trading activities | |||||||||
| 0910- Rummage sales etc | |||||||||
| 1220 —Bookstall sales —fund | raising | ||||||||
| 1240 - Church hall lettings —fund raising |
80.00 | 80.00 | 50.00 | ||||||
| 1250 —Magazine income —advertising | |||||||||
| 1260 —Parish magazine sales | |||||||||
| Other trading | activities | Totals | 80.00 | 80.00 | 50.00 | ||||
| Investments | |||||||||
| 1001- Dividends | |||||||||
| 1020 —Bank and building society interest |
0.63 | 4,315.73 | 0.76 | 4,317.12 | 1,755.05 | ||||
| 1030—Rent from lands or buildings | |||||||||
| 1340- Interest Payment | 8,708.38 | 16,507.65 | 2.05 | - 25,218.08 | 3.56 | ||||
| Investments | Totals | 8,?09.01 | 20,823.38 | 2.81 | - 29,535.20 | 1,?58.61 |
| Other income | |||||||
|---|---|---|---|---|---|---|---|
| 1310—Insurance claims |
|||||||
| 1320-Surplus -sales offixed assets | |||||||
| 1330- Weddings/funerals/heating/clergy | travel | 20.00 | 20.00 | 517.00 | |||
| 1350- Events and Fairs Income | |||||||
| Other income Totals | 20.00 | 20.DD | 517.00 | ||||
| income and endowments | Grand totals | 39,496.54 | 23,634.09 | 1,089.77 | - 64220.40 1469456.43 | ||
| EXPENDITURE ON: | |||||||
| Raising funds | |||||||
| 1701 - Fees paid to fund raisers | |||||||
| 1710- Costs ofapplying for grants |
|||||||
| 1720 - Costs ofstewardship campaign |
|||||||
| 1730- Costs offetes 8 other events | 305.31 | 305.31 | 301.17 | ||||
| 1740 - Investment management costs |
|||||||
| Raising | funds Totals | 305.31 | 305.31 | 301.17 | |||
| Expenditure on charitable activities |
|||||||
| 1801 - Giving to missionary societies |
1,500.00 | 8,500.00 | - 10,000.00 | 11,500.00 | |||
| 1830 —Giving - relief and development | agencies | ||||||
| 1850 —Home mission | 1,486.00 | 4,269.50 | 5,755.50 | 6,052.00 | |||
| 1870 —Secular charities | 85.00 | ||||||
| 1901 - Stipends quota | |||||||
| 1910- Ministry parish share etc |
14,04000 | - 14,040.00 | 12,750.00 | ||||
| 2001 - Assistant staff costs | |||||||
| 2050 —Salary ofparish administrator | 1,408.70 | 3,362.20 | 4,770.90 | ||||
| 2101 - Working expenses ofincumbent | 1,08451 | 1,084.51 | 1,098.76 | ||||
| 2120 —Council tax | |||||||
| 2130- Parsonage house expenses |
1,703.77 | 1,703.77 | 1.701.84 | ||||
| 2140 - Water rates - vicarage | |||||||
| 2145 - Parsonage - water | |||||||
| 2150 - Vicar's telephone | |||||||
| 2170 —Education | |||||||
| 2201 - Parish training and mission |
25.00 | 2500 | |||||
| 2301 —Church running - insurance |
5,657.88 | 5,657.88 | 5,14374 | ||||
| 2310- Church office - telephone | 45756 | 457.56 | 313.40 | ||||
| 2320 - Organ / piano tuning | |||||||
| 2330 - Church maintenance | 1,204.88 | 202.00 | 1,40688 | 633 'I 9 | |||
| 2331 —Cleaning | 4339 | 4339 | 133.12 | ||||
| 2340 —Upkeep ofservices | |||||||
| 2350 - Upkeep ofchurchyard | 1,32000 | 1,320.00 | 200.00 | ||||
| 2360 - Administration | 1,250.52 | 1,250.52 | 796.91 | ||||
| 2370 - Visiting speakers / locums |
125.33 | 12533 | 56.00 | ||||
| 2401 - Church running - electric |
969.23 | 969.23 | (204.75) | ||||
| 2410 - Church running - gas |
3,872.74 | 3,872.74 | 3,490.44 | ||||
| 2420 - Church running - water |
|||||||
| 2430 - Church running - oil |
|||||||
| 2440 - Church running - heating and lighting | |||||||
| 2501 —Magazine expenses | |||||||
| 2510-Bookstall costs | |||||||
| 2515 —Colfee morning payments |
1,085.00 | 1,085.00 | 772.00 | ||||
| 2520 - Hall running —oil |
| 2530- Hall running - electricity |
|||||||
|---|---|---|---|---|---|---|---|
| 2540 —Hall running -gas |
|||||||
| 2550 —Hall running - insurance | |||||||
| 2560 - Hall running - maintenance | 233.92 | 957.66 | 1,191.58 | 197.14 | |||
| 2570 —Hall running -telephone |
|||||||
| 2580 - Hall running - water | |||||||
| 2590- Hall running - heating and lighting |
|||||||
| 2601 - Governance costs examination/audit |
fee | 19.24 | 19.24 | ||||
| 2701 - Church major repairs - |
structure | 60.00 | 60.00 | ||||
| 2710 - Church major repairs - |
installation | ||||||
| 2720 —Church interior and exterior decorating |
|||||||
| 2801 - Hall + major repairs - structure | |||||||
| 2820- Hall +major repairs - installation | 423.00 | 423.00 | 846.00 | 8,785.20 | |||
| 2830 - Hall + interior and exterior decorating | 45.26 | 45,26 | |||||
| 2840 - Other PCC property upkeep |
|||||||
| 2901 - New building parsonage |
house | ||||||
| 2910 —New building house for |
curate | ||||||
| 2920 —New building Church |
|||||||
| 2930 —New building Hall |
|||||||
| 2S40 - Professional Fees | 617.27 | 22,434.00 | 15.00 | 23,066.27 | 2,976.40 | ||
| 2950 - Contract Payments | 818.50 | 818.50 | 815.00 | ||||
| 2960 - Worship Expenses | 130.40 | 130.40 | 1,192.46 | ||||
| 2S70 - Curate Expenses | 629.17 | 629.17 | 249 92 | ||||
| 2980 - Church Furnishings |
149.50 | 149.50 | 1,620.40 | ||||
| 2990 - Children's Work |
166.10 | 74.87 | 240,97 | 98.63 | |||
| 3001 - Church Running —Refreshments/Church |
14.95 | ||||||
| Catering | |||||||
| 4000 - Smurfs Sundry | 70.36 | 70.36 | 52.80 | ||||
| 4010 —Smurfs Toys | 13240 | 132.40 | 202.99 | ||||
| 4020 - Smurfs Stationery Postage | 9.25 | 9.25 | 29.95 | ||||
| 4030 - Smurfs Christmas party |
69.S4 | 69.94 | 31.86 | ||||
| 4040 —Smurfs Summer trip |
960.65 | 960.65 | 844.50 | ||||
| 4050 —Smurf bank charges | 5.80 | 5.80 | 35.40 | ||||
| 4060 —Womens breakfast expenditure | 421 44 | 421.44 | 323.77 | ||||
| Expenditure on charitable |
activities Totals | 38,102.63 | 43,063.54 | 1,268.77 | - 82,434.94 | 61,993.02 |
| projects | Other community projects |
as the PCC | as the PCC | ||
|---|---|---|---|---|---|
| deems fit | |||||
| Legacy | Mission | 875,000 | Mission payments to Trumps |
||
| Partners | fund | Part funding to Oak Hill Theological |
College | ||
| F3,500/ ear to Testers ifcontinued |
|||||
| Legacy | reserves | E325,000 | Not to be used: Deposited | into investment | |
| fund for 5years. Legacy interest to | be added | ||||
| to it. | |||||
| Legacy | Fund | 230,000 | Bookkeeping and MyGiving |
Online | (Data |
| Developments) | |||||
| Website (Rocksalt) | |||||
| Grounds maintenance (MDBAmenities) |
|||||
| Support utilities costs (due | to increased | ||||
| costs |