2023-01-31-accounts

				Page
Report ofthe	Trustees		1	to	3
Independent	Examiner's	Report
Statement of	Financial	Activities
Balance Sheet
Notes to the	Financial Statements		7	to	12
Detailed Statement of Financial Activities			13 to		14

							2023	2022
					Unrestricted	Endowment	Total	Total
					fund	fund	funds	funds
				Notes	5
INCOME AND ENDOWMENTS			FROM
Investment income				2	76,069		76,069	92,168
Other income				3	2,915		2,915	1,611
Total					78,984		78,984	93,779
EXPENDITURE ON
Charitable activities
Church and vicarage		costs			49,819	8,328	58,147	54,114
Other					7,900		7,900	7,890
Total					57,719	8,328	66,047	62,004
Net gains/(losses)	on investments				(4,221)	(143,027)	(147,248)	117,058
NET INCOME/(EXPENDITURE)					17,044	(151,355)	(134,311)	148,833
Transfers between		funds		10	(731)	731
Net movement in	funds				16,313	(150,624)	(134,311)	148,833
RECONCILIATION		OF FUNDS
Total funds brought		forward			173,561	2,014,309	2,187,870	2,039,037
TOTAL FUNDS CARRIED FORWARD					189,874	1,863,685	2,053,559	2,187,870

				2023	2022
		Unrestricted	Endowment	Total	Total
		fund	fund	funds	funds
	Notes	E		6	F
FIXEDASSETS
Tangible assets	6	9,136	6,211	15,347	17,088
Investments	7	101,626	1,851,616	1 953242	2 111209
		110,762	1,857,827	1,968,589	2,128,297
CURRENT ASSETS
Cash at bank	8	81,110	5,858	86,968	61,495
CREDITORS
Amounts falling due within one year	9	(1,998)		(1,998)	(1,922)
NET CURRENT ASSETS		79,112	5,858	84,970	59,573
TOTAL ASSETSLESSCURRENT
LIABILITIES		189,874	1,863,685	2,053,559	2,187,870
NET ASSETS		189,874	1,863,685	2,053,559	2,187,870
FUNDS	10
Unrestricted funds				189,874	173,561
Endowment funds				1,863,685	2,014,309
TOTAL FUNDS				2,053,559	2,187,870

				2023	2022
				6	f
Rents receivable				82
UK listed investments	income			75,984	92,168
Interest on Church of	England	Deposit Fund		3
				76,069	92,168
OTHER INCOME
				2023	2022
					E
Grant from the Listed	Places	of Worship	grant scheme	2,915	1,611

There were no trustees' expenses paid for the year ended 31 January 2 31 January 2022.	There were no trustees' expenses paid for the year ended 31 January 2 31 January 2022.	There were no trustees' expenses paid for the year ended 31 January 2 31 January 2022.	023 nor for th	e year ende
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
		Unrestncted	Endowment	Total
		fund	fund F	fundsf
INCOME AND ENDOWMENTS		FROM
Investment income		92,168		92,168
Other income		1,611		1,611
Total		93,779		93,779
EXPENDITURE ON
Charitable activities
Church and vicarage	costs	54,114		54,114
Other		7,890		7,890
Total		62,004		62,004
Net gains on investments		10,382	106,676	117,058
NET INCOME		42,157	106,676	148,833
RECONCILIATION	OF FUNDS
Total funds brought	forward	131,404	1,907,633	2,039,037

COMPARATIVES FOR THE	COMPARATIVES FOR THE	COMPARATIVES FOR THE	STATEMENT OF FINANCIAL	STATEMENT OF FINANCIAL	STATEMENT OF FINANCIAL	ACTIVITIES - continued	ACTIVITIES - continued
						Unrestricted	Endowment	Total
						fund	fund	funds
						5	5	5
TOTAL FUNDS CARRIED FORWARD						173,551	2,014,309	2,187,870
TANGIBLE FIXEDASSETS
						Improvements	Fixtures
					Freehold	to	and
					property	property	fittings	Totals
					E	E	E	E
COST
At 1 February 2022	and 31 January 2023				6,211	11,244	4,473	21,928
DEPRECIATION
At 1 February 2022						422	4,418	4,840
Charge for year						1,686	55	1,741
At 31 January 2023						2,108	4,473	6,581
NET BOOK VALUE
At 31January 2023					6,211	9,136		15,347
At 31January 2022					6,211	10,822	55	17,088
The cost ofFreehold	Property		is made	up ofthe following:
Freehold land at Smethwick		(including		Church and Church		Hall. The Church	Hall is known
as the Dorothy Parkes Centre			and is let on		a ground lease)			509
Freehold Vicarage								5,702
								6,211

	Listed
	investments
	F
MARKET VALUE
At 1 February 2022	2,111,209
Additions	50,581
Disposals	(74,905)
Revaluations	(133,643)
At 31January 2023	1,953,242
NET BOOK VALUE
At 31January 2023	1,953,242
At 31January 2022	2,111,209

Holding							Market Value
							31.01.23
The Central	Board	of Finance ofthe Church of
England							661,881
Investments	are allocated to the following			funds:
							31.01.23	31.01.22
Unrestricted	General Income Fund						101,626	105,846
Permanent	Endowment		Fund				1,851,616	2,005,363
							1,953,242	2,111,209
CASH AT BANK
							2023	2022
				Unrestricted		Permanent
				General		Endowment	Total	Total
				Income Fund		Fund	funds	funds
				E			6	6
Lloyds Bank pic				80,745		2,240	82,985	59,212
The Central	Board	ofFinance ofthe
Church of England		Deposit Fund		200			200	200
EFG Harris	Allday	Clients' Accounts			165	3,618	3,783	2,083
Total				81,110		5,858	86,968	61,495

9.	CREDITORS: AMOUNTS	CREDITORS: AMOUNTS	CREDITORS: AMOUNTS	CREDITORS: AMOUNTS	CREDITORS: AMOUNTS	FALLING DUE WITHIN ONE	FALLING DUE WITHIN ONE	FALLING DUE WITHIN ONE	FALLING DUE WITHIN ONE	YEAR
											2023	2022
												E
	Other creditors										1,998	1,922
10.	MOVEMENT		IN FUNDS
										Net	Transfers
										movement	between	At
									At 1 222	in funds	funds	31.1.23
									5	E	f	6
	Unrestricted		funds
	Unrestncted	General		Income			Fund		173,561	17,044	(731)	189,874
	Endowment		funds
	Permanent	Endowment			Fund				2,014,309	(151,355)	731	1,863,685
	TOTAL FUNDS								2,187,870	(134,311)		2,053,559
	Net movement		in funds,		included			in the above are as follows:
									Incoming	Resources	Gains and	Movement
									resources	expended	losses	in funds
									F	F	E
	Unrestricted		funds
	Unrestricted	General Income					Fund		78,984	(57,719)	(4,221)	17,044
	Endowment		funds
	Permanent	Endowment			Fund					(8,328)	(143,027)	(151,355)
	TOTAL FUNDS								78,984	(66,047)	(147,248)	(134,311)
	Comparatives		for movement				in	funds
											Net
											movement	At
										At 1.2.21	in funds	31.1.22
										F	F	F
	Unrestricted		funds
	Unrestncted	General Income					Fund			131,404	42,157	173,561
	Endowment		funds
	Permanent	Endowment			Fund					1,907,633	106,676	2,014,309
	TOTAL FUNDS									2,039,037	148,833	2,187,870

					Incoming	Resources	Gains and	Movement
					resources 6	expended f	losses f	in funds F
Unrestricted	funds
Unrestricted	General	Income		Fund	93,779	(62,004)	10,382	42,157
Endowment	funds
Permanent	Endowment		Fund				106,676	106,676
TOTALFUNDS					93,779	(62,004)	117,058	148,833

				2023 f	2022 f
INCOME AND ENDOWMENTS
Investment income
Rents receivable				82
UK hated investments income				75,984	92,168
Interest on Church of England			Deposit Fund	3
				76,069	92,168
Other income
Grant from the Listed Places of Worship
grant scheme				2,915	1,611
Total incoming resources				78,984	93,779
EXPENDITURE
Charitable activities
Vicarage expenditure				1,372	14,125
Church and Churchyard	expenditure			37,149	2,427
Insurance				6,875	5,799
Chanty bread, garments	and bibles-
Smethwick Old Church	(contribution)			200	200
Chanty bread, garments	and bibles-
Harborne Parish Church	(contribution)
Vicads stipend and empioyers'			NIC
(contribution)				1,179	29,850
Improvements to property				1,687	422
Depreciation of fixtures	and	fittings		55	56
				48,517	52,884
Support costs
Other
Legal and professional	fees			7,871	7,850
Accountancy				826	770
Investment management		fees		8,328
				17,025	8,630
Governance costs
Independent examination				505	490
Total resources expended				66,047	62,004
Net income before gains		and	losses	12,937	31,775

		2023	2022
		8	E
Realised recognised	gains and losses
Gains/Losses on fixed	asset investments	(147,248)	117,058
Net (expenditure)/income		(134,311)	148,833