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2023-12-31-accounts
|
|
|
|
|
2023 |
2022 |
|
|
Unrestricted |
Restricted |
Endowment |
Total |
Total |
|
|
fund |
fund |
fund |
funds |
funds |
|
Notes |
£ |
£ |
£ |
£ |
£ |
| INCOME AND ENDOWMENTS |
|
|
|
|
|
|
| PROM |
|
|
|
|
|
|
| Investment income |
2 |
28,514 |
9,505 |
|
38,019 |
42,742 |
| EXPENDITURE ON |
|
|
|
|
|
|
| Raising funds |
|
6,337 |
|
|
6,337 |
11,411 |
| Charitable activities |
|
|
|
|
|
|
| St John the Baptist DCC |
|
57,476 |
|
|
57,476 |
29,411 |
| St Peter's DCC |
|
315 |
|
|
315 |
2,995 |
| St Mark's DCC |
|
2,444 |
|
|
2,444 |
3,098 |
| Other |
|
3,480 |
|
|
3,480 |
3,277 |
| Total |
|
70,052 |
|
|
70,052 |
50,192 |
| Net gains/(losses) on investments |
|
|
3,924 |
46,686 |
50,610 |
(187,007) |
| NET INCOME/(EXPENDITURE) |
|
(41,538) |
13,429 |
46,686 |
18,577 |
(194,457) |
| Transfers between funds |
13 |
62,084 |
(9,504) |
(52,580) |
|
|
| Net movement in funds |
|
20,546 |
3,925 |
(5,894) |
18,577 |
(194,457) |
| RECONCILIATION OF FUNDS |
|
|
|
|
|
|
| Total funds brought forward |
|
21,838 |
330,437 |
957,250 , |
1,309,525 |
1,503,982 |
| TOTAL FUNDS CARRIED |
|
|
|
|
|
|
| FORWARD |
|
42,384 |
334,362 |
951,356 |
1,328,102 |
1,309,525 |
|
|
|
|
|
2023 |
2022 |
|
|
Unrestricted |
Restricted |
Endowment |
Total |
Total |
|
|
fund |
fund |
fund |
funds |
funds |
|
Notes |
£ |
£ |
£ |
£ |
£ |
| FIXED ASSETS |
|
|
|
|
|
|
| Investments |
10 |
|
334,512 |
951,356 1,285,868 |
|
1,287,837 |
| CURRENT ASSETS |
|
|
|
|
|
|
| Debtors |
11 |
30,000 |
|
|
30,000 |
Ill |
| Cash at bank and in hand |
|
14,284 |
|
|
14,284 |
23,467 |
|
|
44,284 |
|
|
44,284 |
23,578 |
| CREDITORS |
|
|
|
|
|
|
| Amounts falling due within one year 12 |
|
(1,900) |
(150) |
|
(2,050) |
(1,890) |
| NET CURRENT ASSETS |
|
42,384 |
(150) |
|
42,234 |
21,688 |
| TOTAL ASSETS LESS |
|
|
|
|
|
|
| CURRENT LIABILITIES |
|
42,384 |
334,362 |
951,356 1,328,102 |
|
1,309,525 |
| NET ASSETS |
|
42,384 |
334,362 |
951,356 1,328,102 |
|
1,309,525 |
| FUNDS |
13 |
|
|
|
|
|
| Unrestricted funds: |
|
|
|
|
|
|
| General fund |
|
|
|
|
42,384 |
21,838 |
| Restricted funds: |
|
|
|
|
|
|
| Restricted fund |
|
|
|
|
334,362 |
330,437 |
| Endowment funds: |
|
|
|
|
|
|
| Capital endowment |
|
|
|
|
951,356 |
957,250 |
| TOTAL FUNDS |
|
|
|
|
1,328,102 |
1,309,525 |
| 2. INVESTM3ENT INCOME |
|
|
|
2023 |
2022 |
|
£ |
£ |
| Fixed asset investments income |
38,019 |
42,742 |
| 3. RAISING FUNDS |
|
|
| Investment management costs |
|
|
|
2023 |
2022 |
|
£ |
£ |
| Portfolio management |
7,875 |
9,516 |
| Administrative expenses |
(185) |
2,015 |
|
7,690 |
11,531 |
| 4. GRANTS PAYABLE |
|
|
|
2023 |
2022 |
|
£ |
£ |
| St John the Baptist DCC |
57,476 |
29,411 |
| St Peter's DCC |
315 |
2,995 |
| St Mark's DCC |
2,444 |
3,098 |
|
60,235 |
35,504 |
| The total grants paid to institutions during the year were as follows: |
|
|
|
2023 |
2022 |
|
£ |
£ |
| Grant for repairs & maintenance of places of worship in Ancient Parish of Chipping |
|
|
| Barnet |
60,235 |
35,504 |
| Support costs, included in the above, are as follows: |
|
|
|
2023 |
2022 |
|
Other |
|
|
resources |
Total |
|
expended |
activities |
|
£ |
£ |
| Wages |
1,580 |
1,537 |
| Independent Examiner's fees |
1,900 |
1,740 |
|
3,480 |
3,277 |
| STAFF COSTS |
|
|
|
2023 |
2022 . |
|
£ |
£ |
| Wages and salaries |
1,580 |
1,537 |
|
1,580 |
1,537 |
| The average monthly number of employees during the year was as follows: |
|
|
|
2023 |
2022 |
| COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES |
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES |
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES |
|
|
Unrestricted |
Restricted Endowment |
Total |
|
fund |
fund fund |
funds |
|
£ |
£ £ |
£ |
| INCOME AND ENDOWMENTS FROM |
|
|
|
| Investment income |
32,057 |
10,685 |
42,742 |
| EXPENDITURE ON |
|
|
|
| Raising funds |
11,411 |
|
11,411 |
| Charitable activities |
|
|
|
| St John the Baptist DCC |
29,411 |
|
29,411 |
| St Peter's DCC |
2,995 |
|
2,995 |
| St Mark's DCC |
3,098 |
|
3,098 |
| Other |
3,277 |
|
3,277 |
| 8. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued |
8. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued |
8. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued |
|
|
|
Unrestricted |
Restricted |
Endowment |
Total |
|
fund |
fund |
fund |
funds |
|
£ |
£ |
£ |
£ |
| Total |
50,192 |
|
|
50,192 |
| Net gains/(losses) on investments |
|
(31,960) |
(155,047) |
(187,007) |
| NET INCOME/(EXPENDITURE) |
(18,135) |
(21,275) |
(155,047) |
(194,457) |
| Transfers between funds |
(7,150) |
(10,686) |
17,836 |
|
| Net movement in funds |
(25,285) |
(31,961) |
(137,211) |
(194,457) |
| RECONCILIATION OF FUNDS |
|
|
|
|
| Total funds brought forward |
47J23 |
362,398 |
1,094,461 |
1,503,982 |
| TOTAL FUNDS CARRIED FORWARD |
21,838 |
330,437 |
957,250 |
1,309,525 |
| 9. MATERIAL ITEMS ON SOFA |
|
|
|
|
| The net gains/(loss) on investments are noted as below: |
|
|
|
|
|
|
|
2023 |
2022 |
|
|
|
£ |
£ |
| Unrealised gains/(loss) on fair value changes |
|
|
3,924 |
(127,842) |
| Realised gains/ (loss) on disposals of investments |
|
|
23,140 |
(59,166) |
| Net gain/ (loss) on investments |
|
|
50,610 |
(187,008) |
| XED ASSET INVESTMENTS |
|
|
|
|
Capita! |
Extraordinary |
|
|
endowment |
repair |
|
|
fund |
fund |
Totals |
|
£ |
£ |
£ |
| MARKET VALUE |
|
|
|
| At 1 January 2023 |
957,250 |
330,587 |
1,287,837 |
| Additions |
444,698 |
|
444,698 |
| Disposals |
(462,365) |
|
(462,365) |
| Revaluations |
11,773 |
3,925 |
15,698 |
| At 31 December 2023 |
951,356 |
334,512 |
1,285,868 |
| NET BOOK VALUE |
|
|
|
| At 31 December 2023 |
951,356 |
334,512 |
1,285,868 |
| At 31 December 2022 |
957,250 |
330,587 |
1,287,837 |
|
2023 |
2022 |
|
£ |
£ |
| Other debtors |
30,000 |
|
| Prepayments and accrued income |
|
Ill |
|
30,000 |
HI |
| CREDITORS: AMOUNTS PALLING DUE WITHIN |
ONE YEAR |
|
|
2023 |
2022 |
|
£ |
£ |
| Accrued expenses |
2,050 |
1,890 |
| OVEMENT IN FUNDS |
|
|
|
|
|
|
Net |
Transfers |
|
|
|
movement |
between |
At |
|
At 1,1.23 |
in funds |
funds |
31.12.23 |
|
£ |
£ |
£ |
£ |
| Unrestricted funds |
|
|
|
|
| General fund |
21,838 |
(41,538) |
62,084 |
42,384 |
| Restricted funds |
|
|
|
|
| Restricted fund |
330,437 |
13,429 |
(9,504) |
334,362 |
| Endowment funds |
|
|
|
|
| Capital endowment |
957,250 |
46,686 |
(52,580) |
951,356 |
| TOTAL FUNDS |
1,309,525 |
18,577 |
|
1,328,102 |
|
Incoming |
Resources |
Gains and • |
Movement |
|
resources |
expended |
tosses |
in funds |
|
£ |
£ |
£ |
£ |
| Unrestricted funds |
|
|
|
|
| General fund |
28,514 |
(70,052) |
|
(41,538) |
| Restricted funds |
|
|
|
|
| Restricted fund |
9,505 |
|
3,924 |
13,429 |
| Endowment funds |
|
|
|
|
| Capitai endowment |
|
|
46,686 |
46,686 |
| TOTAL FUNDS |
38,019 |
(70,052) |
50,610 |
18,577 |
|
|
Net |
Transfers |
|
|
|
movement |
between |
At |
|
At 1.1.22 |
in funds |
funds |
31.12.22 |
|
£ |
£ |
£ |
£ |
| Unrestricted funds |
|
|
|
|
| General fund |
47,123 |
(18,135) |
(7,150) |
21,838 |
| Restricted funds |
|
|
|
|
| Restricted fund |
362,398 |
(21,275) |
(10,686) |
330,437 |
| Endowment funds |
|
|
|
|
| Capital endowment |
1,094,461 |
(155,047) |
17,836 |
957,250 |
| TOTAL FUNDS |
1,503,982 |
[194,457) |
|
1,309,525 |
| Comparative net movement in funds, included in the above are as follows: |
|
|
|
|
|
Incoming |
Resources |
Gains and |
Movement |
|
resources |
expended |
losses |
in funds |
|
£ |
£ |
£ |
£ |
| Unrestricted funds |
|
|
|
|
| General fund |
32,057 |
(50,192) |
|
. (18,135) |
| Restricted funds |
|
|
|
|
| Restricted fund |
10,685 |
|
(31,960) |
(21,275) |
| Endowment funds |
|
|
|
|
| Capital endowment |
|
|
(155,047) |
(155,047) |
| TOTAL FUNDS |
42,742 |
(50,192) |
^87,007) |
(194,457) |
| A current year 12 months and prior year 12 months combined position is as follows: |
|
|
|
|
|
|
Net |
Transfers |
|
|
|
movement |
between |
At |
|
At 1.1.22 |
in funds |
funds |
31.12.23 |
|
£ |
£ |
£ |
£ |
| Unrestricted funds |
|
|
|
|
| General fund |
47 J 23 |
(59,673) |
54,934 |
42,384 |
| Restricted funds |
|
|
|
|
| Restricted fund |
362,398 |
(7,846) |
(20 J 90) |
334,362 |
| Endowment funds |
|
|
|
|
| Capital endowment |
1,094,461 |
(108,361) |
(34,744) |
951,356 |
| TOTAL FUNDS |
1,503,982 |
(175,880) |
|
1,328,102 |
|
Incoming |
Resources |
Gains and |
Movement |
|
resources |
expended |
losses |
in funds |
|
£ |
£ |
£ |
£ |
| Unrestricted funds |
|
|
|
|
| General fund |
60,571 |
(120,244) |
|
(59,673) |
| Restricted funds |
|
|
|
|
| Restricted fund |
20,190 |
|
(28,036) |
(7,846) |
| Endowment funds |
|
|
|
|
| Capital endowment |
|
|
(108,361) |
(108,361) |
| TOTAL FUNDS |
80,761 |
(120,244) |
(136,397) |
(175,880) |
| Capital Funds |
|
|
|
|