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2022-12-31-accounts

Report on proceedings of the Parochial Church Council in 2022

  1. The membership of the Parochial Church Council (PCC) during 2022 was:

Rector (Chair of Council) The Reverend Julian Hubbard (until 13[th] Nov 2022) Rector (Chair of Council) The Reverend Sally Buddle (from 5 Dec 2022) Churchwardens + Marian Williams (Vice-Chair) + Rosalind Lawson Secretary Margaret Davies Attended 6/6 + 2 Extraordinary mtgs Treasurer Linda Chastell Attended 6/6 + 1 Extraordinary mtg +/Michael Chastell (Deputy Churchwarden) 6/6 + 1 Extraordinary Mtg Julia Hunt 4/6 + 2 Extraordinary Mtgs Annabel Harris 3/6 + 2 Extraordinary Mtgs Stella May (Deputy Churchwarden) 6/6 + 2 Ext Mtgs Mark Wilson 1/6 Jill Eyles 3/3 (elected July 2022) Mike Winterbotham 4/6 + 2 Extraordinary Mtgs

+ex-officio members

*Lay Deanery Synod Representatives / Diocesan Synod Representative

  1. The Council has met on 6 occasions (+ two Extraordinary meetings).

  2. The main items for discussion at each meeting are noted here

  3. 12 January 2022 – Review of priorities for the parish in 2022. The PCC also resolved to approve the updated Parish Profile as part of the process for appointing a new incumbent.

  4. 18 February 2022 (Extraordinary meeting) – The PCC unanimously accepted the preferred tender for the North Door project in the light of the Architect’s report on tenders received.

  5. 16 March 2022 – Our response to the war in Ukraine: and approval of 2021 Accounts. The PCC resolved to donate £1000 to the preferred charity of the Bishops and also £1000 to St Marks Ockford Ridge for the food bank.

  6. 4 May 2022 - Our agenda for responding to climate change, including church energy use. The PCC set objectives for renewing the lighting in the church, registering for Eco-Church and reviewing financial investments and energy supply contracts in light of sustainability.

  7. Section 11 Meeting 19 June 2022 – To appoint 2 Parish Representatives to the interview panel for a new incumbent, and to confirm approval of the Statement of Needs. It was also

decided unanimously to reject the passing of a Resolution to prevent the appointment of a woman.

From January 2022 the Council kept COVID restrictions and our pattern of worship under review until the relaxation of restrictions at Easter 2022. The North Door project has been a recurring item and will soon be completed together with a second loo. There is a management plan in place for Compton Churchyard

Reports on Health & Safety and Safeguarding have been received at each PCC meeting.

The PCC has complied with the duty under section 5 of the Safeguarding and Clergy Discipline Measure 2016, namely the duty to have regard to House of Bishops’ guidance on safeguarding children and vulnerable adults. In particular during the year, the PCC has received a training session on its safeguarding responsibilities and members have completed the Basic Awareness module. Safeguarding issues have been taken into account in the development of new children’s activities. Disclosure and Barring Service (DBS) checks have been made or renewed, as required.

The PCC and Parish said farewell to the Revd Julian Hubbard on November 13[th] and welcomed the Revd Sally Buddle at her Institution on December 5[th] 2022.

Margaret Davies Secretary April 2023

St Nicholas, Compton Financial Statements of the Parochial Church Council for the year ¢nded 31 December 2022 Contents Accounts.. Statcment of mov¢ment5 00 fund accounts Accounting poli¢i¢s and b&sis of preparation General Fund - income and expeftditur¢ account Fabric Fund _ income and expenditure account Balance sheet Independent examlnetrs reEX)rt

St Nicholas Church Compton Annual report and accounts for the year ended 31 December 2022 Statement of finrteial aetiviies Unresth'dtdfunds GeDernl fund Rcslric¢ed Funds Fxbri¢' School Total Funds Total Fund5 Totsl FabrleD*. Y•i¢d 2022 2021 Movements ill the year Total incoming resources (excluding 61966 exceptional legacy) Exceptional Icgacy Total incoming r¢soU￿¢S Tota] outgoing resources 63.345 62295 284 125.924 79,311 428,612 428.612 62,966 428.991 491,957 ( 50,590 148 50,7i8 12,J76 428.843 441,219 { 2.821) 2.821) 428.612 554,5)6 { 78.760) 475.776 4.360) 62.295 ( 26,8341 J5,461 { { 1.539) 284 1.188) 904) 79.311 ( 01.819) 17.492 4,703 Revaluation of units Transfers trtween funds Su lus/ (deficti) eur 9,555 428,84J 4J8,398 33,922 471.416 22,195 Balance brou t forward l Jall 22 136.176 30,465 166.641 li,209 2.867 182,717 160,522 Bolance cdrriedforward31 Déc 2022 145,731 459.J08 605.0)9 47.131 1,96) 654,133 182,717 2Q22 PCCACCAlkc22 yu lethl}. 14JMll023 lof6

St Nicholas Church Compton Annual report and accounts for the year ended 31 December 2022 Accollnting policies and basis of preparntion The financial statements of the PCC have prcparcd in accordance with the Church Acc4)unting Regulations togethcr with applicable Accounting StAndard5 and the Cbarities SORP. They have ptrpatrd on the hislorica] cost convention ¢x¢ept for the revaluation of investmenl assets which are shown at markei value in the staiement of assets and liabilities. The accounts include all transaction& assets and liabilities for which the PCC can be held reswknsible. They do noi in¢lude accounts of other church groups that owe on affiliation to another body, nor those that a infomial gathcrings of church [ne￿n￿r$. Fund accounts The financial affaits ofthe PCC are conducted through a number of fund accounts. Restricted funds can only be applied for 5￿c]ri￿ purposes. Designated funds are ih05e whi¢h the PCC has designated for particular purpos¢s. The G¢n¢rai Fund is an unre5tr&cted fund available for the regular activities of the PCC. The PCC h& designated part of this fund to the Fabric shown al￿>ve as Fabric Des￿gn￿Cd Genernl Fund. The Fabric Fund is a restricted fund for the improvemenL maintenance aJMI upkeep of th¢ fabric of the church. The School Fund is a restrietcd fvTtd which may only k applied for educational wrp)5¢5. Incoming re50urc Collections are recognis¢d when trceived by or on b¢half of th¢ PCC. Planned giving receivable under Gift Aid is reeognised only when receive(L Income tax recoverable on Gift Aid donations is recognised when the associated incorne is recognis¢d. Grants and lega¢i¢s to the PCC are account￿ for as ￿on &s the PCC is notifi￿ of its legal entitlemen( th¢ amount due quantifiable and its ultimate receipt by the PCC is reasonably certain. Sales of books and magazines are account￿ for gro4 as is incomc from chur¢h events. Dividends from inveslrneni units are accounted for when due and payable. Interest entitlements are recognised as they accrue. Realised gains or losses are recognised when investments are sold. Unr¢alised gains or105ses are accounted for on r¢va]uation of investments ai 31 D¢ccmber. Granls and donations are accounted for when paid over. or when aw8rded if the award creates binding obligations. Donated facilities and services are includd in income (and at the same time ill resources expended) at estitnated fair Yalue to the PCC for the service or facility receiv¢d. The value of any voluntary help r￿C1ved is not included in the accounts but is descrilxd in the Tru5teds Annual Rewrt. Assets Insofar &% cOnsecra￿d and IKnefice protty of any kind is excluded from the statutory definition of'charity, by Section 10(2) (a) and (c) of the Charities Act 2011. such &ssers are not Capitalis￿ in the financia] statements. Movable church fumi5hing a￿ (apilaliscd at cost and depre¢l￿ed over their useful economic life other than whe in5ufticient cost inforniation is available. ID this c&5¢ the item is not C4)its]irf though all items are included in the church'g inventory which can be inspected by 8greemenL "I"angible fixed &5s¢ts are capitalised if they can k used for more than one year and their cost ex¢ttds £500. They are valued at cosl, or else for gifLs in kind at a reasonable estimate of their open market value on receipt. Dcpreciation is catculated to write off th¢ ¢apitalised c05t olfixed assets less their currently anticipated residual fair value ovcr their estimated usefitl liyes as follow5= planL machin¢r)' (inrluding electroni¢ equipment) 3-7 years. All exp¢nditure incurred in th¢ ycar on consecrdted or b¢neficryJ buildings is written off. Office equipment is depreciated on a strdtght line basis over four years. plant and machinery over seven yearg. Investments are valued at ]narket value as at 31 D￿eME*r. B(M)k St￿kS are accounted for at'first in fiN out cost. Short term deposits includ¢ cash held on de￿sIt with either the CCLA Church of England Funds or al the bank. Expendithre & liabiliÉi Liabilities are recognised as soon a5 there is a legal or constructiv¢ obligation and settlement is probable alld quantifiable. The PCC employed part time organists. secretarics and a gardener but no tAYments were largc cnough in the previous or currcnt years to attr￿t social security costs. Key management personnel received no employee ]￿efits. Relaiedparty Iransactlorts ure onpoge 4 Responsibility statement These accounts ar¢ lh¢ responsibility of Compton PCC aJ]d weft appmved by them on 16th April 2023. 2022 PCcAcCAD￿22 ye￿end le8acy(l}. 14AW2023 2of6

St Nicholas Church Compton Annual report and accounts for the year ended 31 December 2022 General fund- income aDd expenditure account 2022 Ye*r 2021 Year I Income 1.1 Incomefrom donat¥on¥ and legacies Standing orders under gift aid Free will offerings and gifts Collections at services under gift aid- church funds Donations- 2022 from Diocese Tax refunds on gift aid Church box and gtft IK>xes 36.185 2.540 7.874 2.000 9.722 2)6 58,557 2,973 232 1,204 2.750 10,344 1,650 11.766 942 1.2 Incomefrom Lhurch activities- wedding &fvieralfees 1.3 Bookstall income- sales ofguide books, book¥, pnagazines, elc. 1.4 Investment Tncopne (iptserest on El￿eSt￿e￿I wilts & depasit accounl) 167 689 rot&1 Inc4pme 62,966 67.773 Eipenditure on chur¢h ac¢iYilies 2.1 Costs ofministy Parish share payable to th¢ Dio¢ese R¢ctoVs eX￿nSeS OrganisL relief organists & relief clergy Rectory outgoings {rcpairs etc.. watrr rdlo alarnL office computer & phone) Misce118neous PCC expenses. includes £2.25? costs of ￿¢TUiting new pri￿¢ gift to St Marks £l.000 and Ukraine aid £l.000 (2021 includes £500 in metnoriam charifable donations) 31.103 30.655 3.340 2.450 4.635 985 34.090 2.3 Church nlnning aml maintenance Fabric and ¢lectri¢a] repairs, aiarn) alld sound mainfrnance and depreciation H¢ating and lighting Orw, music, candles wine and wafers Insura￿ce Churchyard 1,323 2.687 982 2.731 41 7,764 2,538 634 2.621 1,738 9,567 2.4 Administration Salaries & wages Office costs (priniings photocopyin8 & postag4 office equipmcnt costs) Independenl examiner's fees Sundries 1,908 1,441 400 3,369 698 100 6,493 3,748 Tolal endliure 50,590 50,150 .Su Iusfor iheyear 12.376 17,622 2022 PCCACCA[￿22 yeat Icgw(1)- 14KMr2023 3of6

St Nicholas Church Compton Annual report and accounts for the year ended 31 December 2022 Fabric Fund - income and expeDdithre aeeordnt 2022 2022 2022 Totsl 2021 Total R¢strkte Income Fabric donations- North Door (2021- North Door £4.830. E&%t Window glass £l.189. clock winder £4,250) Exceptiona] receipt- tkga¢y re¢¢ivable (note below) Donation for glass repairs Gift 8id on North Door donations VAT recoverable on listed building works VAT recoverable on clock winder costs Int¢r¢51 (including £347 on inY¢sthient Unl￿ 2021- £336) 44,732 44.732 10.269 428,612 428.612 5,000 10.806 1,395 10.806 l.i95 916 351 362 379 741 Totul ineome Expenditure North Door project- architects fees North Door project stonetnL8on EIKtrical improvements related to North door project Repairs to East Window gl Clock winder and related WOTks 62.295 428.991 491286 11,536 4.403 148 4,551 4,535 17.674 3.567 17.674 3,567 1,189 5,945 To¢¢TI expendilure 148 26.982 11,669 Surplus (deficit)for Iheyear 35.461 428.843 464,304 133) The last Quinquetmi41 fabric insixction was in 2018 and a further insp¢thion will be carried out in 2023. The PCC has approved the North Door projed that will. inter-ali4 improve xcess to the churth. The anticipated cost h&% ￿en fundcd by donations. Excepliona] receipt_ L4acy receivable: The PCC were made &WaTe of an unrestricted legw in 2022 by the d￿Eased,5 solicitora. The legacy wa5 received in two toyments in January and March 2023. The Legacy is unrestrieted but the PCC h&8 currently designatsj it to the Fabric Fund to refi￿t the wishes ofthe donor. School Fund The Fledglings childrens, group was ¢stsblished during 2022. Income represents a￿Ddance fees and inter¢st of £)8. Costs include art work £305, first aid training £455 and rent £288. RelAted party trAllsaetions The majority of PCC donations io the church ar¢ through standing ordu or through gift aid envelope5. In addiiion. PCC memtrtrs make cash donations from time to time which are not separatal from those of other Members of the congregation. The estimated total donalions from member5 of the PCC during the year was £8.140 (2021- £9,464). The PCC is 8fdt¢ful to Mrs Williarns (churchwarden) for use of office stoce in a convcrtcd gardge for which charge was made. The PCC'S estimate of thc fair valu¢ of this gift is £800 for the ￿riod to IktoE£r 2021. after which the office moved to the church. and is iTrcluded in iM)th donatrons and oifice costs. Charitable dongtions These accounts do not include those donations raised for other cl]aTities through the a¢tivities of the churclL or parishioners. 2022 PcCA￿AD￿22 JrarcrKI"M icBXJ(11. 14rtM12023 4of6

St Nicholas Church Compton Annual report and accounts for the year cnded 31 December 2022 Bal&n¢e sheet 31-Dec 2022 31-Dee 2021 FLYed assets Investments- CBF Income Sh8res- see note below Tangible fixed a8sets- computer- see note I￿lOW Currenl &ssÉts Debtors and prepayments t£gacy receivable Committed donats"on. gift aid w prepayments and VAT DetKisit Aceounts with the Central Bogrd of Finance General Fund Fabri¢ Fund School Fund Cash at bank Total dewsits and ¢ash 33.058 37,418 550 428.612 4.791 9.642 85,166 30,375 2.905 70.614 189.060 85,166 29,981 2,867 18.973 136,987 Total curreul dwets 622,463 146,629 Llabililies.. amOUntsf￿1Ing due within oneyeur CrediioT5 and aCcn￿S { 1.788) ( 1.880) Tolal llubililies ( 1,788 1,880 Nel u5sels 654,133 182.717 Fund aCCOMnts 654,133 182,717 The CBF Church of England Investment Fund- 1.600 Income Shares cost at £1.08 per share, their valu¢ at D¢c¢mber 1975. At 31 D¢¢ember 2022 th¢ value Ftr share was £20.65 (2021- £2).i8) giving a iotal value of £33,058. (2021 - £37,418}. 565 of the sharcs are deSt￿ted to thc Fabric Fund, th¢ rcmainder designated to the General Fund. In 2021 a computer w&8 pU￿hased for £700. annual depreciation is £150 and totsI depreciation is £300. In 2015 sound equipment was EK)ught at a CO￿ of £7.384 and is fully depreciated. In 2009 a cond¢nser kniler and radio microphone were purchased at a c05t of £6,882 and £793 whi¢h atr fully depreciated. AppToved by Compton Parochtai Church Council on the 16th April 2023 and sign•1 on its behalf by: Reverend SaIly Buddle Mrs L J Ch&8tell Rector 2022 PCCACCAt*cll Ye>T￿ W le￿11. 14Aw2￿11 5of6

St Nicholas Church Compton Annual report and accounts for the year ended 31 December 2022 llldependent examiner's report to the PCC of St Nicholas, Compton This report on the accounts of the PCC for the year ended 31 t)ecember 2022, which are set out on pages I to 5. is in rc5pect of an examinatton wried out under The Regulations of the ChuTch Accounting Regulations 2006 {'the Regulations,) and 5.145 of the Charhti¢5 Act 2011 {'the A¢t'). Respective responsibilities ofihe PCC and the As members of th¢ PCC you are resp)nsible for the preFwation of th¢ accounts" you consider thllt th¢ audit Tequircment of the Regul&tions and section 14412) of the A¢t do not apply. It is Tny restK)nsibility to issue this re[￿{ on those accounts in a¢cordance with the tem]s of the Regulation& Ba¥is ofthis reporl My exawillation was Carri￿ out in a¢¢ordance wilh the tienera] DireLiions given by the Charity Commission under section 145(5Xb) of the Act and to be found im the Church guidanK 201) edition, issued by the Finatlce Division of the Ar¢hbishop5' Council. That exatnination includes a revi¢w of the accounting records kept by the PCC and & comparison of the accounts with those record& It also includes considering any unusua] items or disclosur¢s in the accounts and sccking cxplanations from you as trvslees concerning any such mattet3. Thc procedures undertaken do not provide the evidence ihat would ￿ required in an audiL and consequentl) I do not express an aLHlit opinion on the view given by the accounts. Jndeperydcnt examiners siaiemeni In connection with our examination. no mafter h&s wme to my attetLtion.' {1) which gives me reasonable cause to ￿ti¢ve that in any material r¢srrtt the requiretn¢llts to k¢¥p aGGounting recor(ts in ac¢ordance with section 130 of the ACL and to prepare accounts whsch accord with the accounting records and cotnply with the requiremellts of ihe Act and the RegFulalions have not been met: or {ii) lo whicK in my opinion. attention should be thxwn in OTder to enable a proFtr understanding of the accounts to be rwhcd. Maple Hous¢ 2 w0￿}￿rry Close Chiddingfold Godalming GU8 4SF 17th April 2023 Anthony Kelly B.Sc FCA Chartered A￿ountant 2022 PCCACCADe¢22 yetsTeE￿ W legwlll. 17W2023 6of6

St Nicholas, Compton Financial Statements of the Parochial Church Council for the year ¢nded 31 December 2022 Contents Accounts.. Statcment of mov¢ment5 00 fund accounts Accounting poli¢i¢s and b&sis of preparation General Fund - income and expeftditur¢ account Fabric Fund _ income and expenditure account Balance sheet Independent examlnetrs reEX)rt

St Nicholas Church Compton Annual report and accounts for the year ended 31 December 2022 Statement of finrteial aetiviies Unresth'dtdfunds GeDernl fund Rcslric¢ed Funds Fxbri¢' School Total Funds Total Fund5 Totsl FabrleD*. Y•i¢d 2022 2021 Movements ill the year Total incoming resources (excluding 61966 exceptional legacy) Exceptional Icgacy Total incoming r¢soU￿¢S Tota] outgoing resources 63.345 62295 284 125.924 79,311 428,612 428.612 62,966 428.991 491,957 ( 50,590 148 50,7i8 12,J76 428.843 441,219 { 2.821) 2.821) 428.612 554,5)6 { 78.760) 475.776 4.360) 62.295 ( 26,8341 J5,461 { { 1.539) 284 1.188) 904) 79.311 ( 01.819) 17.492 4,703 Revaluation of units Transfers trtween funds Su lus/ (deficti) eur 9,555 428,84J 4J8,398 33,922 471.416 22,195 Balance brou t forward l Jall 22 136.176 30,465 166.641 li,209 2.867 182,717 160,522 Bolance cdrriedforward31 Déc 2022 145,731 459.J08 605.0)9 47.131 1,96) 654,133 182,717 2Q22 PCCACCAlkc22 yu lethl}. 14JMll023 lof6

St Nicholas Church Compton Annual report and accounts for the year ended 31 December 2022 Accollnting policies and basis of preparntion The financial statements of the PCC have prcparcd in accordance with the Church Acc4)unting Regulations togethcr with applicable Accounting StAndard5 and the Cbarities SORP. They have ptrpatrd on the hislorica] cost convention ¢x¢ept for the revaluation of investmenl assets which are shown at markei value in the staiement of assets and liabilities. The accounts include all transaction& assets and liabilities for which the PCC can be held reswknsible. They do noi in¢lude accounts of other church groups that owe on affiliation to another body, nor those that a infomial gathcrings of church [ne￿n￿r$. Fund accounts The financial affaits ofthe PCC are conducted through a number of fund accounts. Restricted funds can only be applied for 5￿c]ri￿ purposes. Designated funds are ih05e whi¢h the PCC has designated for particular purpos¢s. The G¢n¢rai Fund is an unre5tr&cted fund available for the regular activities of the PCC. The PCC h& designated part of this fund to the Fabric shown al￿>ve as Fabric Des￿gn￿Cd Genernl Fund. The Fabric Fund is a restricted fund for the improvemenL maintenance aJMI upkeep of th¢ fabric of the church. The School Fund is a restrietcd fvTtd which may only k applied for educational wrp)5¢5. Incoming re50urc Collections are recognis¢d when trceived by or on b¢half of th¢ PCC. Planned giving receivable under Gift Aid is reeognised only when receive(L Income tax recoverable on Gift Aid donations is recognised when the associated incorne is recognis¢d. Grants and lega¢i¢s to the PCC are account￿ for as ￿on &s the PCC is notifi￿ of its legal entitlemen( th¢ amount due quantifiable and its ultimate receipt by the PCC is reasonably certain. Sales of books and magazines are account￿ for gro4 as is incomc from chur¢h events. Dividends from inveslrneni units are accounted for when due and payable. Interest entitlements are recognised as they accrue. Realised gains or losses are recognised when investments are sold. Unr¢alised gains or105ses are accounted for on r¢va]uation of investments ai 31 D¢ccmber. Granls and donations are accounted for when paid over. or when aw8rded if the award creates binding obligations. Donated facilities and services are includd in income (and at the same time ill resources expended) at estitnated fair Yalue to the PCC for the service or facility receiv¢d. The value of any voluntary help r￿C1ved is not included in the accounts but is descrilxd in the Tru5teds Annual Rewrt. Assets Insofar &% cOnsecra￿d and IKnefice protty of any kind is excluded from the statutory definition of'charity, by Section 10(2) (a) and (c) of the Charities Act 2011. such &ssers are not Capitalis￿ in the financia] statements. Movable church fumi5hing a￿ (apilaliscd at cost and depre¢l￿ed over their useful economic life other than whe in5ufticient cost inforniation is available. ID this c&5¢ the item is not C4)its]irf though all items are included in the church'g inventory which can be inspected by 8greemenL "I"angible fixed &5s¢ts are capitalised if they can k used for more than one year and their cost ex¢ttds £500. They are valued at cosl, or else for gifLs in kind at a reasonable estimate of their open market value on receipt. Dcpreciation is catculated to write off th¢ ¢apitalised c05t olfixed assets less their currently anticipated residual fair value ovcr their estimated usefitl liyes as follow5= planL machin¢r)' (inrluding electroni¢ equipment) 3-7 years. All exp¢nditure incurred in th¢ ycar on consecrdted or b¢neficryJ buildings is written off. Office equipment is depreciated on a strdtght line basis over four years. plant and machinery over seven yearg. Investments are valued at ]narket value as at 31 D￿eME*r. B(M)k St￿kS are accounted for at'first in fiN out cost. Short term deposits includ¢ cash held on de￿sIt with either the CCLA Church of England Funds or al the bank. Expendithre & liabiliÉi Liabilities are recognised as soon a5 there is a legal or constructiv¢ obligation and settlement is probable alld quantifiable. The PCC employed part time organists. secretarics and a gardener but no tAYments were largc cnough in the previous or currcnt years to attr￿t social security costs. Key management personnel received no employee ]￿efits. Relaiedparty Iransactlorts ure onpoge 4 Responsibility statement These accounts ar¢ lh¢ responsibility of Compton PCC aJ]d weft appmved by them on 16th April 2023. 2022 PCcAcCAD￿22 ye￿end le8acy(l}. 14AW2023 2of6

St Nicholas Church Compton Annual report and accounts for the year ended 31 December 2022 General fund- income aDd expenditure account 2022 Ye*r 2021 Year I Income 1.1 Incomefrom donat¥on¥ and legacies Standing orders under gift aid Free will offerings and gifts Collections at services under gift aid- church funds Donations- 2022 from Diocese Tax refunds on gift aid Church box and gtft IK>xes 36.185 2.540 7.874 2.000 9.722 2)6 58,557 2,973 232 1,204 2.750 10,344 1,650 11.766 942 1.2 Incomefrom Lhurch activities- wedding &fvieralfees 1.3 Bookstall income- sales ofguide books, book¥, pnagazines, elc. 1.4 Investment Tncopne (iptserest on El￿eSt￿e￿I wilts & depasit accounl) 167 689 rot&1 Inc4pme 62,966 67.773 Eipenditure on chur¢h ac¢iYilies 2.1 Costs ofministy Parish share payable to th¢ Dio¢ese R¢ctoVs eX￿nSeS OrganisL relief organists & relief clergy Rectory outgoings {rcpairs etc.. watrr rdlo alarnL office computer & phone) Misce118neous PCC expenses. includes £2.25? costs of ￿¢TUiting new pri￿¢ gift to St Marks £l.000 and Ukraine aid £l.000 (2021 includes £500 in metnoriam charifable donations) 31.103 30.655 3.340 2.450 4.635 985 34.090 2.3 Church nlnning aml maintenance Fabric and ¢lectri¢a] repairs, aiarn) alld sound mainfrnance and depreciation H¢ating and lighting Orw, music, candles wine and wafers Insura￿ce Churchyard 1,323 2.687 982 2.731 41 7,764 2,538 634 2.621 1,738 9,567 2.4 Administration Salaries & wages Office costs (priniings photocopyin8 & postag4 office equipmcnt costs) Independenl examiner's fees Sundries 1,908 1,441 400 3,369 698 100 6,493 3,748 Tolal endliure 50,590 50,150 .Su Iusfor iheyear 12.376 17,622 2022 PCCACCA[￿22 yeat Icgw(1)- 14KMr2023 3of6

St Nicholas Church Compton Annual report and accounts for the year ended 31 December 2022 Fabric Fund - income and expeDdithre aeeordnt 2022 2022 2022 Totsl 2021 Total R¢strkte Income Fabric donations- North Door (2021- North Door £4.830. E&%t Window glass £l.189. clock winder £4,250) Exceptiona] receipt- tkga¢y re¢¢ivable (note below) Donation for glass repairs Gift 8id on North Door donations VAT recoverable on listed building works VAT recoverable on clock winder costs Int¢r¢51 (including £347 on inY¢sthient Unl￿ 2021- £336) 44,732 44.732 10.269 428,612 428.612 5,000 10.806 1,395 10.806 l.i95 916 351 362 379 741 Totul ineome Expenditure North Door project- architects fees North Door project stonetnL8on EIKtrical improvements related to North door project Repairs to East Window gl Clock winder and related WOTks 62.295 428.991 491286 11,536 4.403 148 4,551 4,535 17.674 3.567 17.674 3,567 1,189 5,945 To¢¢TI expendilure 148 26.982 11,669 Surplus (deficit)for Iheyear 35.461 428.843 464,304 133) The last Quinquetmi41 fabric insixction was in 2018 and a further insp¢thion will be carried out in 2023. The PCC has approved the North Door projed that will. inter-ali4 improve xcess to the churth. The anticipated cost h&% ￿en fundcd by donations. Excepliona] receipt_ L4acy receivable: The PCC were made &WaTe of an unrestricted legw in 2022 by the d￿Eased,5 solicitora. The legacy wa5 received in two toyments in January and March 2023. The Legacy is unrestrieted but the PCC h&8 currently designatsj it to the Fabric Fund to refi￿t the wishes ofthe donor. School Fund The Fledglings childrens, group was ¢stsblished during 2022. Income represents a￿Ddance fees and inter¢st of £)8. Costs include art work £305, first aid training £455 and rent £288. RelAted party trAllsaetions The majority of PCC donations io the church ar¢ through standing ordu or through gift aid envelope5. In addiiion. PCC memtrtrs make cash donations from time to time which are not separatal from those of other Members of the congregation. The estimated total donalions from member5 of the PCC during the year was £8.140 (2021- £9,464). The PCC is 8fdt¢ful to Mrs Williarns (churchwarden) for use of office stoce in a convcrtcd gardge for which charge was made. The PCC'S estimate of thc fair valu¢ of this gift is £800 for the ￿riod to IktoE£r 2021. after which the office moved to the church. and is iTrcluded in iM)th donatrons and oifice costs. Charitable dongtions These accounts do not include those donations raised for other cl]aTities through the a¢tivities of the churclL or parishioners. 2022 PcCA￿AD￿22 JrarcrKI"M icBXJ(11. 14rtM12023 4of6

St Nicholas Church Compton Annual report and accounts for the year cnded 31 December 2022 Bal&n¢e sheet 31-Dec 2022 31-Dee 2021 FLYed assets Investments- CBF Income Sh8res- see note below Tangible fixed a8sets- computer- see note I￿lOW Currenl &ssÉts Debtors and prepayments t£gacy receivable Committed donats"on. gift aid w prepayments and VAT DetKisit Aceounts with the Central Bogrd of Finance General Fund Fabri¢ Fund School Fund Cash at bank Total dewsits and ¢ash 33.058 37,418 550 428.612 4.791 9.642 85,166 30,375 2.905 70.614 189.060 85,166 29,981 2,867 18.973 136,987 Total curreul dwets 622,463 146,629 Llabililies.. amOUntsf￿1Ing due within oneyeur CrediioT5 and aCcn￿S { 1.788) ( 1.880) Tolal llubililies ( 1,788 1,880 Nel u5sels 654,133 182.717 Fund aCCOMnts 654,133 182,717 The CBF Church of England Investment Fund- 1.600 Income Shares cost at £1.08 per share, their valu¢ at D¢c¢mber 1975. At 31 D¢¢ember 2022 th¢ value Ftr share was £20.65 (2021- £2).i8) giving a iotal value of £33,058. (2021 - £37,418}. 565 of the sharcs are deSt￿ted to thc Fabric Fund, th¢ rcmainder designated to the General Fund. In 2021 a computer w&8 pU￿hased for £700. annual depreciation is £150 and totsI depreciation is £300. In 2015 sound equipment was EK)ught at a CO￿ of £7.384 and is fully depreciated. In 2009 a cond¢nser kniler and radio microphone were purchased at a c05t of £6,882 and £793 whi¢h atr fully depreciated. AppToved by Compton Parochtai Church Council on the 16th April 2023 and sign•1 on its behalf by: Reverend SaIly Buddle Mrs L J Ch&8tell Rector 2022 PCCACCAt*cll Ye>T￿ W le￿11. 14Aw2￿11 5of6

St Nicholas Church Compton Annual report and accounts for the year ended 31 December 2022 llldependent examiner's report to the PCC of St Nicholas, Compton This report on the accounts of the PCC for the year ended 31 t)ecember 2022, which are set out on pages I to 5. is in rc5pect of an examinatton wried out under The Regulations of the ChuTch Accounting Regulations 2006 {'the Regulations,) and 5.145 of the Charhti¢5 Act 2011 {'the A¢t'). Respective responsibilities ofihe PCC and the As members of th¢ PCC you are resp)nsible for the preFwation of th¢ accounts" you consider thllt th¢ audit Tequircment of the Regul&tions and section 14412) of the A¢t do not apply. It is Tny restK)nsibility to issue this re[￿{ on those accounts in a¢cordance with the tem]s of the Regulation& Ba¥is ofthis reporl My exawillation was Carri￿ out in a¢¢ordance wilh the tienera] DireLiions given by the Charity Commission under section 145(5Xb) of the Act and to be found im the Church guidanK 201) edition, issued by the Finatlce Division of the Ar¢hbishop5' Council. That exatnination includes a revi¢w of the accounting records kept by the PCC and & comparison of the accounts with those record& It also includes considering any unusua] items or disclosur¢s in the accounts and sccking cxplanations from you as trvslees concerning any such mattet3. Thc procedures undertaken do not provide the evidence ihat would ￿ required in an audiL and consequentl) I do not express an aLHlit opinion on the view given by the accounts. Jndeperydcnt examiners siaiemeni In connection with our examination. no mafter h&s wme to my attetLtion.' {1) which gives me reasonable cause to ￿ti¢ve that in any material r¢srrtt the requiretn¢llts to k¢¥p aGGounting recor(ts in ac¢ordance with section 130 of the ACL and to prepare accounts whsch accord with the accounting records and cotnply with the requiremellts of ihe Act and the RegFulalions have not been met: or {ii) lo whicK in my opinion. attention should be thxwn in OTder to enable a proFtr understanding of the accounts to be rwhcd. Maple Hous¢ 2 w0￿}￿rry Close Chiddingfold Godalming GU8 4SF 17th April 2023 Anthony Kelly B.Sc FCA Chartered A￿ountant 2022 PCCACCADe¢22 yetsTeE￿ W legwlll. 17W2023 6of6