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|||Page|
|---|---|---|
|Reference and administrative<br>details||1-2|
|Trustees'<br>report||3 —19|
|Trustees'<br>responsibilities<br>statement||20|
|Independent<br>auditor's<br>report to the trustees of Durham|Diocesan Board of Finance|21 —23|
|Statement offinancial<br>activities||24|
|Income and expenditure<br>account||25|
|Balance sheet||26|
|Statement<br>ofcash flows||27|
|Notes to the financial statements||28-59|





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|Company|registered|registered||||
|---|---|---|---|---|---|
|number|||00192018|||
|Charity registered||||||
|number|||248287|||
|Registered||office|Cuthbert<br>House|||
||||Stone bridge|||
||||Durham|||
||||DH1 3RY|||
|Company|secretary||Mr J J Morgan|||
|Independent||auditor|UNW LLP|||
||||Chartered<br>Accountants|||
||||Citygate|||
||||StJames' Boulevard|||
||||Newcastle<br>upon|Tyne||
||||NE1 4JE|||
|Diocesan|Chancellor||The Worshipful|Adrian|lies|
||||56 North Bondgate|||
||||Bishop Auckland|||
||||DL14 7PG|||
|Diocesan|Registrar||Mr P Wills|||
||||Smith Roddam|||
||||56 North Bondgate|||
||||Bishop Auckland|||
||||DL14 7PG|||
|Glebe property agents|||Savills|||
||||Helix|||
||||The Lumen|||
||||StJames' Boulevard|||
||||Newcastle<br>upon|Tyne||
||||NE4 5BZ|||





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|||||Unrestricted|Restricted|Endowment|Total|Total|
|---|---|---|---|---|---|---|---|---|
|||||funds|funds|funds|funds|funds|
|||||2022|2022|2022|2022|2021|
||||Note|OOOO|f000|f000|f000|f000|
|Income and endowments|from:||||||||
|Donations:|||||||||
|Parish Contributions|||4|4,333|||4,333|4,373|
|Archbishops'<br>Council|||5|2,618|2,327||4,945|4,416|
|Other|||6|320|519||839|657|
|Charitable<br>activities|||7|628|||628|667|
|Other trading<br>activities|||8|588|2||590|562|
|Investments|||9|793|170||963|780|
|Other income|||10|||336|336|1,307|
|Total income and endowments||||9,280|3,018|336|12,634|12,762|
|Expenditure<br>on:|||||||||
|Raising funds||||10||14|24|24|
|Charitable<br>activities:|||||||||
|Contributions<br>to Archbishops'||Council|13|728|||728|702|
|Resourcing<br>ministry<br>and mission|||14|7,932|2,916|177|11,025|10,036|
|Resourcing<br>education|||15|250|15||265|304|
|Total expenditure||||8,920|2,931|191|12,042|11,066|
|Net income before net (losses)/gains|||||||||
|on investments||||360|87|145|592|1,696|
|Net (losses)/gains<br>on investments||||(267)|(676)|(2,797)|(3,740)|4,100|
|Net (expenditure)/<br>income||||93|(589)|(2,652)|(3,148)|5,796|
|Transfers<br>between<br>funds|||27|(102)|858|(756)|||
|Net movement<br>in funds|||||269|3,408|3,148|5,796|
|Reconciliation<br>offunds:|||||||||
|Total funds brought<br>forward||||5,873|10,994|58,290|75,157|69,361|
|Net movement<br>in funds||||(9)|269|(3,408)|(3,148)|5,796|
|Total funds carried forward|||27|5,864|11,263|54,882|72,009|75,157|





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## 

|||||||Total funds|Total funds|
|---|---|---|---|---|---|---|---|
|||||||2022|2021|
||||||Note|f000|f000|
|Income||||||12,298|11,988|
|(Losses)/gains<br>on investments||||||(943)|495|
|Gross income in the|reporting||period|||11,355|12,483|
|Less: Total expenditure||||||(11,851)|(10,910)|
|Net (expenditure)/income||for the reporting||period||(496)|1,573|
|Other comprehensive|income|||||||
|Net assets transferred|from|endowments|||29|756|1,807|
|Net comprehensive|income for the year|||||260|3,380|





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## 

||||||2022||2021|
|---|---|---|---|---|---|---|---|
||||Note||f000||F000|
|Fixed assets||||||||
|Tangible assets|||20||33,580||33,540|
|investments|||21||34,169||35,635|
||||||67,749||69,175|
|Current assets||||||||
|Debtors|||22|1,080||1,045||
|Cash on deposit|||23|1,003||1,837||
|Cash at bank and|in hand|||2,683||3,763||
|||||4,766||6,645||
|Creditors: amounts||falling due within one||||||
|year|||24|405||562||
|Net current assets|||||4,361||6,083|
|Total assets less|current liabilities||||72,110||75,258|
|Creditors: amounts||falling due after more||||||
|than one year|||25||(101)||(101)|
|Total net assets|||||72,009||75,157|
|Charity funds||||||||
|Endowment<br>funds|||27||54,882||58,290|
|Including<br>revaluation||resewe 62,581,616||||||
|(2021:F2,368,832)||||||||
|Including<br>fair value||reserve F2,727,205 (2021:||||||
|F6,670,849)||||||||
|Restricted<br>funds|||27||11,263||10,994|
|Including<br>fair value||resewe F732,851 (2021:||||||
|F1,282,159)||||||||
|Unrestricted<br>funds||||||||
|Designated<br>funds|||27|25||25||
|General funds|||27|5,839||5,848||
|Including<br>revaluation||reserve F286,584 (2021:||||||
|F479,644)||||||||
|Total unrestricted|funds||27||5,864||5,873|
|Total funds|||||72,009||75,157|



## 



## 

## 

||||||2022|2021|
|---|---|---|---|---|---|---|
|||||Note|f000|8000|
|Cash flows from operating|activities||||||
|Net cash used<br>in operating|activities|||30|(802)|(639)|
|Cash flows from investing|activities||||||
|Dividends,<br>interests<br>and rents from investments|||||911|725|
|Proceeds from the sale oftangible<br>fixed||assets|||1,088|3,901|
|Purchase oftangible fixed assets|||||(837)|(1,504)|
|Proceeds from sale ofinvestments||||||1,229|
|Purchase ofinvestments|||||(2,474)|(5,229)|
|Interest payable||||||1|
|Net cash used<br>in investing|activities||||(1,312)|(877)|
|Cash flows from financing|activities||||||
|New loans advanced||||||(115)|
|Repayment<br>ofloans advanced|||||200|200|
|Net cash provided<br>by financing<br>activities|||||200|85|
|Change<br>in cash and cash|equivalents|in|the year||(1,914)|(1,431)|
|Cash and cash equivalents|at the beginning||ofthe year||5,600|7,031|
|Cash and cash equivalents|at the end|of|the year|31|3,686|5,600|





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|||||Unrestricted|Restricted|Total|
|---|---|---|---|---|---|---|
|||||funds|funds|funds|
|||||2022|2022|2022|
|||||f000|OOOO|OOOO|
|Lower income communities|||fund|2,115||2,115|
|Strategic development||fund|||1,597|1,597|
|Energy and cost of living grants||||503||503|
|Strategic ministry|funding||||188|188|
|Ordinands<br>training|grant||||542|542|
|||||2,618|2,327|4,945|
|||||Unrestricted|Restricted|Total|
|||||funds|funds|funds|
|||||2021|2021|2021|
|||||f000|f000|f000|
|Lower income communities|||fund|2,180||2,180|
|Strategic development||fund|||1,257|1,257|
|Renewal 8 reform|fund||||158|158|
|Sustainability<br>fund||||250||250|
|Ordinands<br>training|grant||||475|475|
|Strategic ministry|funding|||96||96|
|||||2,526|1,890|4,416|





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## 

## 

## 

||Unrestricted|Restricted|Total|
|---|---|---|---|
||funds|funds|funds|
||2022|2022|2022|
||OOOO|f000|OOOO|
|Benefact Trust|179|113|292|
|Lord Crewe||340|340|
|St Hild and St Bede Trust||11|11|
|Other grants and donations|141|55|196|
||320|519|839|
||Unrestricted|Restricted|Total|
||funds|funds|funds|
||2021|2021|2021|
||FOOO|f000|f000|
|Benefact Trust|178||178|
|Lord Crewe||359|359|
|St Hild and St Bede Trust|9||9|
|Other grants and donations|29|82|111|
||216|441|657|



## 

|Income from|charitable<br>activities|||
|---|---|---|---|
|||Total funds|Total funds|
|||2022|2021|
|||f000|OOOO|
|Statutory fees||494|548|
|Chaplaincy||50|41|
|St Hild and St|Bede Trust (for Chaplaincy)|8|8|
|Miscellaneous|income|76|70|
|||628|667|





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## 

|||||Unrestricted|Restricted|Total|
|---|---|---|---|---|---|---|
|||||funds|funds|funds|
|||||2022|2022|2022|
|||||f000|F000|f000|
||Rental income||from parsonages|449||449|
||Education|service level agreements||138||140|
||Miscellaneous||income|1||1|
|||||588||590|
|||||Unrestricted|Restricted|Total|
|||||funds|funds|funds|
|||||2021|2021|2021|
|||||FOOO|FOOO|FOOO|
||Rental income||from parsonages|367||367|
||Education|service level agreements||155|33|188|
||Miscellaneous||income|7||7|
|||||529|33|562|
|9.|Income from||investments||||
|||||Unrestricted|Restricted|Total|
|||||funds|funds|funds|
|||||2022|2022|2022|
|||||f000|FOOO|f000|
||Income from UK listed investments|||650|169|819|
||Interest receivable|||91|1|92|
||Rents receivable|||52||52|
|||||793|170|963|
|||||Unrestricted|Restricted|Total|
|||||funds|funds|funds|
|||||2021|2021|2021|
|||||FOOO|FOOO|f000|
||Income from UK listed investments|||572|63|635|
||Interest receivable|||81|9|90|
||Rents receivable|||55||55|
|||||708|72|780|





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## 

## 

||||||||Endowment|Total|
|---|---|---|---|---|---|---|---|---|
||||||||funds|funds|
||||||||2022|2022|
||||||||OOOO|f000|
|Gain|on|disposal|of|properties|||336|336|
||||||Unrestricted|Restricted|Endowment|Total|
||||||funds|funds|funds|funds|
||||||2021|2021|2021|2021|
||||||FOOO|FOOO|f000|FOOO|
|Gain|on|disposal|of|properties|396|137|774|1,307|



## 

||||Unrestricted|Endowment|Total|
|---|---|---|---|---|---|
||||funds|funds|funds|
||||2022|2022|2022|
||||OOOO|f000|OOOO|
|Glebe|agents fees||||7|
|Glebe|investment|costs||14|17|
||||10|14|24|
||||Unrestricted|Endowment|Total|
||||funds|funds|funds|
||||2021|2021|2021|
||||f000|FOOO|f000|
|Glebe|agents fees||7||7|
|Glebe|investment|costs|11||17|
||||18||24|





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## 

|||||||Activities|Grant|||
|---|---|---|---|---|---|---|---|---|---|
|||||||undertaken|funding of|Support|Total|
|||||||directly|activities|costs|funds|
|||||||2022|2022|2022|2022|
|||||||f000|OOOO|OOOO|f000|
|Contributions|to Archbishops'|||Council (note||||||
|13)|||||||728||728|
|Resourcing|ministry|and mission|||(note 14)|8,574|1,180|1,271|11,025|
|Resourcing|Education||(note|15)||265|||265|
|||||||8,839|1,908|1,271|12,018|
|||||||Activities|Grant|||
|||||||undertaken|funding<br>of|Support|Total|
|||||||directly|activities|costs|funds|
|||||||2021|2021|2021|2021|
|||||||f000|FOOO|f000|f000|
|Contributions|to Archbishops'|||Council (note||||||
|13)|||||||702||702|
|Resourcing|ministry|and mission|||(note 14)|8,185|667|1,184|10,036|
|Resourcing|Education||(note|15)||304|||304|
|||||||8,489|1,369|1,184|11,042|



## 

|Contrib|utions<br>t|o A|rchbishops'<br>Council|||
|---|---|---|---|---|---|
|||||Total|Total|
|||||funds|funds|
|||||2022|2021|
|||||f000|f000|
|Training|for ministry|||224|224|
|National|Church|responsibilities||250|268|
|Grants|and provisions|||269|205|
|Pooling|ofordinand||candidates|(15)|5|
|||||728|702|





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## 

||||||Unrestricted|Restricted|Endowment|Total|
|---|---|---|---|---|---|---|---|---|
||||||funds|funds|funds|funds|
||||||2022|2022|2022|2022|
||||||OOOO|OOOO|f000|F000|
|Stipends|and national|insurance|||3,376|437||3,813|
|Clergy pension|||||976|80||1,056|
|Pension|deficit creditor movement|||(note 34)|(99)|||(99)|
|Housing|costs||||1,416||162|1,578|
|Removal,|resettlement|and other||grants|102|8||110|
|Mission:|stipendiary,|staff and|activity costs||411|1,440||1,851|
|Lindisfarne<br>Regional||Training|Partnership||||||
|grant|||||42|478||520|
|Strategic|development|costs|||||||
|Other expenses and grants|||||786|139||925|
|Support for parish<br>ministry (see note 16)|||||922|334|15|1,271|
||||||7,932|2,916|177|11,025|
||||||Unrestricted|Restricted|Endowment|Total|
||||||funds|funds|funds|funds|
||||||2021|2021|2021|2021|
||||||f.000|FOOO|f000|f000|
|Stipends|and national|insurance|||3,659|168||3,827|
|Clergy pension|||||1,027|58||1,085|
|Pension|deficit creditor movement|||(note 34)|5|||5|
|Housing|costs||||1,169||135|1,304|
|Removal,|resettlement|and other||grants|125|||125|
|Mission:|stipendiary,|staff and|activity costs||379|1,200||1,579|
|Lindisfarne<br>Regional||Training|Partnership||||||
|grant|||||50|442||492|
|Strategic|development|costs||||19||19|
|Other expenses and||grants|||386|30||416|
|Support|for parish<br>ministry (see note 16)||||804|365|15|1,184|
||||||7,604|2,282|150|10,036|





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## 

|||||Unrestricted|Restricted|Total|
|---|---|---|---|---|---|---|
|||||funds|funds|funds|
|||||2022|2022|2022|
|||||FOOO|FOOO|OOOO|
||Administration|||250||250|
||Closed schools||||15|15|
|||||250|15|265|
|||||Unrestricted|Restricted|Total|
|||||funds|funds|funds|
|||||2021|2021|2021|
|||||FOOO|FOOO|FOOO|
||Administration|||281||281|
||Closed schools||||23|23|
|||||281|23|304|
|16.|Analysis of|support costs|||||
||||||Total|Total|
||||||funds|funds|
||||||2022|2021|
||||||OOOO|FOOO|
||Central staff|costs|||640|651|
||Movement<br>on CWPF deficit creditor|||||(123)|
||Central office and premises||||87|74|
||Technology|and communication|||155|172|
||Depreciation||||45|49|
||Legal and registry costs||||136|131|
||Synod, Board and Committee||expenses||30|29|
||External audit||||22|20|
||Other support costs||||59|71|
||Other costs||||97|110|
||||||1,271|1,184|





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## 

|Analysis ofgrants made||||||||
|---|---|---|---|---|---|---|---|
||||||||Total|
|||||Number|Individuals|Institutions|2022|
||||||f000|OOOO|OOOO|
|From unrestricted<br>funds|for|||||||
|National<br>Church responsibilities:||||||||
|Contributions<br>to Archbishops'||Council||||474|474|
|Other grants made:||||||||
|NECAT||||1|||8|
|Northumbrian<br>Industrial<br>Mission||||1|||2|
|Lesotho||||1||25|25|
|Training for Ministry Grants||||73|77|443|520|
|Resettlement<br>and First Appointment|||Grants|27|102||102|
|Ordinands'<br>Grants||||26|269||269|
|Basic Clergy Development|Grants|||64|14||14|
|Special CMD 8 Sabbatical|Grants|||17|7||7|
|Mission Fund Grants||||20|14||14|
|Church<br>building<br>committee|grants|||14||42|42|
|Ministry<br>Hardship<br>Grant||||32||48|48|
|Energy Support Grant funding||||157|383||383|
|||||434|866|1,042|1,908|
||||||||Total|
|||||Number|Individuals<br>OOOO|Institutions<br>OOOO|2021<br>f000|
|From unrestricted<br>funds|for|||||||
|National<br>Church responsibilities:||||||||
|Contributions<br>to Archbishops'||Council||||497|497|
|Other grants made:||||||||
|NECAT||||1|||8|
|Northumbrian<br>Industrial<br>Mission||||1|||2|
|Lesotho||||1||25|25|
|Training<br>for Ministry<br>Grants||||68|61|411|472|
|Resettlement<br>and First Appointment|||Grants|22|88||88|
|Ordinands'<br>Grants||||28|205||205|
|Basic Clergy Development|Grants|||41|6||6|
|Special CMD 8 Sabbatical|Grants|||17|11||11|
|Mission Fund Grants||||9|23||23|
|Church<br>building<br>committee|grants|||15|32||32|
|||||204|426|943|1,369|





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## 

## 

|||||||2022|2021|
|---|---|---|---|---|---|---|---|
|||||||OOOO|OOOO|
|Fees payable to the charitable||company's||auditor|for the audit ofthe|||
|charitable<br>company's<br>annual accounts||||||20|18|
|Fees payable to the charitable||company's||auditor|in respect of:|||
|All non-audit|services not included||above|||||
|Staff costs||||||||
|||||||2022|2021|
|||||||f000|f000|
|Employee|costs during the year||were as follows:|||||
|Wages and|salaries|||||1,485|1,414|
|National<br>insurance<br>contributions||||||157|136|
|Pension costs - current year contributions||||||211|203|
|Movement|on pension deficit creditor (see note 33)||||||(123)|
|||||||1,853|1,630|



## 

||||||2022|2021|
|---|---|---|---|---|---|---|
||||||OOOO|f000|
|The average|monthly|number ofemployees||during the year were as|||
|follows:|||||||
|Staff|||||40|43|
|The number|of higher|paid employees|was:||2022|2021|
||||||No.|No.|
|In the band|f60,001 - f70,000||||||
|In the band|f70,001 - f80,000||||||





## 

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## 

## 

|them<br>by the trustee<br>they were:|s,<br>for planni|ng,<br>directing<br>a|nd<br>controlling<br>the|activities<br>o|f the Diocese.|
|---|---|---|---|---|---|
|Diocesan Secretary|||Mr JJames G|Morgan||
|Director of Mission,|Discipleship|8 Ministry|The Venerable|Elizabeth|M Wilkinson|
|Director ofStrategic|Growth||The Reverend|Canon David R Tomlinson||
||||(resigned<br>May|2022)||



## 

||Stipend|Housing|
|---|---|---|
|Right Revd SClark|no|yes|
|Venerable<br>RL Simpson|yes|yes|
|Venerable<br>RG Cooper|yes|yes|
|Venerable<br>EM Wilkinson|yes|yes|
|Revd P Arnold|yes|yes|
|Canon SClark|yes|yes|
|Revd L Sutherland|yes|yes|
|Canon<br>D Tolhurst|yes|yes|





## 

## 

## 

|holding<br>|pa|rochial<br>o|r diocesan appointments<br>in the Diocese, and the cost|s were as follows:||
|---|---|---|---|---|---|
|||||2022|2021|
|||||f000|f000|
|Stipends||||3,491|3,501|
|National|insurance||contributions|308|298|
|Pension|costs - current year contributions|||1,243|1,392|
|Movement||on pension scheme deficit creditor (see note 34)||(99)|5|
|||||4,943|5,196|



## 

## 

|||Office||Glebe||
|---|---|---|---|---|---|
||Property|equipment|Parsonages|Property|Total|
||f000|f000|f000|f000|f000|
|Cost or valuation||||||
|At 1 January 2022|3,538|95|20,787|10,003|34,423|
|Additions|86|6||745|837|
|Disposals|||(772)||(772)|
|Transfers<br>between classes|||78|(78)||
|At 31 December 2022|3,624|101|20,093|10,670|34,488|
|Depreciation||||||
|At 1 January 2022|121|94|434|234|883|
|Charge for the year|30|2|5|8|45|
|On disposals|||(20)||(20)|
|Transfers between classes|||2|(2)||
|At 31 December 2022|151|96|421|240|908|
|Net book value||||||
|At 31 December 2022|3,473||19,672|10,430|33,580|
|At 31 December 2021|3,417||20,353|9,769|33,540|





## 

## 

## 

||Listed|Loans to|Agricultural||
|---|---|---|---|---|
||investments|associates|land|Total|
||f000|f000|f000|OOOO|
|Cost or valuation|||||
|At 1 January 2022|32,645|215|2,775|35,635|
|Additions|2,470|4||2,474|
|Disposals||(200)||(200)|
|Revaluations|(3,953)||213|(3,740)|
|At 31 December 2022|31,162|19|2,988|34,169|
|Net book value|||||
|At 31 December 2022|31,162|19|2,988|34,169|
|At 31 December 2021|32,645|215|2,775|35,635|
|Historic cost at 31 December 2022|27,414|19|407|27,840|



## 

## 



## 

## 

## 

## 

|||||2022|2021|
|---|---|---|---|---|---|
|||||OOOO|f000|
|Due after more than one year||||||
|Church|Buildings||loan|103|108|
|Equity|share|loan||134|134|
|||||237|242|
|Due within one year||||||
|Parish|share|debtors||11|12|
|Church|Buildings||loans|2|2|
|Other|debtors|||737|302|
|Prepayments||and|accrued income|93|487|
|||||1,080|1,045|



|23.|Current asset invest|men|ts|||
|---|---|---|---|---|---|
|||||2022|2021|
|||||f000|f000|
||CBF Deposit fund|||1,003|1,837|
|24.|Creditors: amounts|falling due within one year||||
|||||2022|2021|
|||||OOOO|OOOO|
||Trade creditors|||276|231|
||Pension deficit payments||creditor (note 34)||240|
||Other creditors|||2|11|
||Accruals and deferred|income||127|80|
|||||405|562|
|25.|Creditors: amounts|falling due after more than one year||||
|||||2022|2021|
|||||f000|f000|
||Loans|||101|101|





## 

## 

## 

## 

|Summary|offunds|-current year||||||
|---|---|---|---|---|---|---|---|
||||||||Balance at|
|||Balance at|||||31|
|||1 January|||Transfers|Gains/|December|
|||2022|Income|Expenditure|in/out|(Losses)|2022|
|||f000|f000|OOOO|f000|f000|OOOO|
|Designated|funds|25|||||25|
|General funds||5,848|9,280|(8,920)|(102)|(267)|5,839|
|Endowment|funds|58,290|336|(191)|(756)|(2,797)|54,882|
|Restricted|funds|10,994|3,018|(2,931)|858|(676)|11,263|
|||75,157|12,634|(12,042)||(3,740)|72,009|
|Summary|offunds|- prior year||||||
||||||||Balance at|
|||Balance at|||||31|
|||1 January|||Transfers|Gains/|December|
|||2021|Income|Expenditure|in/out|(Losses)|2021|
|||f000|OOOO|f000|f000|FOOO|f000|
|Designated|funds|25|||||25|
|General funds||4,467|9,415|(8,605)|537|34|5,848|
|Endowment|funds|55,874|774|(156)|(1,807)|3,605|58,290|
|Restricted|funds|8,995|2,573|(2,305)|1,270|461|10,994|
|||69,361|12,762|(11,066)||4,100|75,157|





## 

## 

## 

## 

## 

## 

|Statement offunds|- current||year||||||
|---|---|---|---|---|---|---|---|---|
|||||||||Balance at|
||||Balance at 1|||||31|
||||January|||Transfers|Gains/|December|
||||2022|Income|Expenditure|in/(out)|(Losses)|2022|
||||f000|f000|f000|f000|f000|f000|
|Designated<br>funds|||||||||
|Bequests Fund|||25|||||25|
|Unrestricted<br>funds|||||||||
|General|||5,848|9,280|(8,920)|(102)|(267)|5,839|
|Restricted funds|||||||||
|Parsonages<br>Building|Fund||2,151|46|||(155)|2,042|
|Durham<br>Closed Schools Fund|||580|13|(15)|10||588|
|Pastoral<br>Fund|||6,504|98|(159)|996|(387)|7,052|
|Ministry<br>and Preordination|||||||||
|Training<br>Fund|||169|542|(479)|(128)||104|
|Faith in the Community|||3||(3)||||
|Lord Crewe's Charity|||118|340|(286)|||172|
|Strategic Development|Fund-||||||||
|Resourcing<br>Churches|||28|675|(674)|||29|
|Restructuring<br>Fund -|Renewal||||||||
|& Reform|||208||(145)|||63|
|Strategic Development|Fund|II|||||||
|- Communities<br>for Hope||||698|(693)||||
|Misc Restricted<br>Fund|(Misc||||||||
|Income for projects)|||52|50|(33)|||69|
|Durham<br>Capacity Fund|||||||||
|(Restricted)||||175|(176)||||
|Strategic Capacity Grant fund||||49|(49)||||
|Strategic Ministry<br>Fund||||188|(188)||||
|Benefact Trust- Cultivate|||||||||
|funding||||100||||100|
|Benefact Trust - Giving|||||||||
|Adviser funding||||13|(13)||||
|Other|||1,181|31|(18)|(20)|(134)|1,040|
||||10,994|3,018|(2,931)|858|(676)|11,263|
|Endowment<br>funds|||||||||
|Parsonages<br>Houses Fund|||20,263|336|(5)|(920)|-|19,674|
|Stipends<br>Capital Fund|||38,027||(186)|164|(2,797)|35,208|
||||58,290|336|(191)|(756)|(2,797)|54,882|
|Total offunds|||75,157|12,634|(12,042)||(3,740)|72,009|





## 

## 

## 

## 

## 



## 

## 

## 

## 

## 

## 



## 

## 

## 

||||||||||Balance at|
|---|---|---|---|---|---|---|---|---|---|
|||||Balance at|||||31|
|||||1 January|||Transfers|Gains/|December|
|||||2021|Income|Expenditure|in/out|(Losses)|2021|
|||||f000|f000|f000|f000|OOOO|f000|
|Designated<br>funds||||||||||
|Bequests|Fund|||25|||||25|
|General|funds|||||||||
|General||||4,467|9,415|(8,605)|537|34|5,848|
|Restricted funds||||||||||
|Board of|Education|||||||||
|Training|Fund|||11|||(11)|||
|Parsonages<br>Building||Fund||1,685|33||266|167|2,151|
|Durham|Closed Schools|||||||||
|Fund||||412|42|(22)|11|137|580|
|Pastoral|Fund|||5,496|48|(192)|995|157|6,504|
|Ministry<br>8 Preordination||||||||||
|Training|Fund|||136|475|(442)|||169|
|Faith in the Community||||3|||||3|
|Lord Crewe||||4|356|(242)|||118|
|Strategic|Development|||||||||
|Fund -|Resourcing|||||||||
|Churches||||28|640|(640)|||28|
|Restructuring<br>Fund||||181|158|(140)|||208|
|Strategic|Development|||||||||
|Fund<br>II|- Communities||for|||||||
|Hope||||1,039|302|(108)|||1,233|
|Strategic|Development|||||||||
|Fund|||||500|(500)||||
|Strategic|Development|||||||||
|Fund -|MLG||||19|(19)||||
|||||8,995|2,573|(2,305)|1,270|461|10,994|
|Endowment<br>funds||||||||||
|Parsonages<br>Houses Fund||||21,696||(7)|(1,892)|466|20,263|
|Stipends|Capital Fund|||34,178|774|(149)|85|3,139|38,027|
|||||55,874|774|(156)|(1,807)|3,605|58,290|
|Total of|funds|||69,361|12,762|(11,066)||4,100|75,157|





## 

## 

## 

## 

## 

## 

|Analysis ofnet assets between funds<br>-|current year||||
|---|---|---|---|---|
||Unrestricted|Restricted|Endowment|Total|
||funds|funds|funds|funds|
||2022|2022|2022|2022|
||f000|f000|OOOO|f000|
|Tangible fixed assets|1,823|1,656|30,101|33,580|
|Fixed asset investments|2,385|6,888|24,896|34,169|
|Debtors due after more than one year|237|||237|
|Current assets|1,810|2,719||4,529|
|Creditors due within one year|(391)||(14)|(405)|
|Creditors due in more than one year|||(101)|(101)|
|Total|5,864|11,263|54,882|72,009|



## 

||Unrestricted|Restricted|Endowment|Total|
|---|---|---|---|---|
||funds|funds|funds|funds|
||2021|2021|2021|2021|
||f000|f000|f000|f000|
|Tangible fixed assets|1,738|1,680|30,122|33,540|
|Fixed asset investments|2,033|4,950|28,652|35,635|
|Debtors due after more than one year|242|||242|
|Current assets|2,039|4,364||6,403|
|Creditors due within one year|(78)||(484)|(562)|
|Creditors due in more than one year|(101)|||(101)|
|Total|5,873|10,994|58,290|75,157|





## 

## 

## 

## 

## 

||||||Unrestricted|Restricted|Endowment|Total|
|---|---|---|---|---|---|---|---|---|
||||||funds|funds|funds|funds|
||||||2022|2022|2022|2022|
||||||f000|f000|OOOO|f000|
|Transfer of Parsonage|Property|to|Pastoral|||996|(996)||
|Transfer from general|funds to|Stipend|||||||
|Capital fund<br>in respect of reduction||||in|||||
|clergy pension scheme deficits payment|||||||||
|creditor|||||(240)||240||
|Transfer ofbalance of Ministry||and|Pre||||||
|ordination<br>fund To Board of Finance||||CBF|||||
|Deposit Fund|||||10|(10)|||
|Released cash from Pastoral to Stipend|||||||||
|Capital||||||(774)|774||
|Release of investment|shares from||Stipend||||||
|Capital to Pastoral||||||774|(774)||
|Total|||||(102)|858|(756)||
|Analysis ofsignificant transfers|||between||funds —prior year||||
||||||Unrestricted|Restricted|Endowment|Total|
||||||funds|funds|funds|funds|
||||||2021|2021|2021|2021|
||||||f000|f000|f000|f000|
|Transfer ofParsonage|Property|to|Pastoral||||||
|Fund||||||995|(995)||
|Transfer ofParsonage|Property|to|||||||
|Parsonage<br>Building|Fund|||||267|(267)||
|Transfer ofGlebe cost to Transitional||||fund||8|(8)||
|Transfer ofParsonage|Property|to|||||||
|Unrestricted<br>Funds|||||758||(758)||
|Transfer form general|funds to|Stipend|||||||
|Capital Fund<br>in respect of reduction||||in|||||
|clergy pension scheme deficits payment|||||||||
|creditor|||||(243)||243||
|Reallocation<br>of housing costs|||||22||(22)||
|Total|||||537|1270|(1,807)||





## 

## 

## 

## 

## 

||||||||2022|2021|
|---|---|---|---|---|---|---|---|---|
||||||||f000|f000|
|Net<br>income/expenditure<br>for<br>the<br>Activities)||year|(as|per|Statement|of Financial|(3,148)|5,796|
|Adjustments<br>for:|||||||||
|Depreciation<br>charges|||||||45|48|
|Gains on investments|||||||3,740|(4,100)|
|Dividends,<br>interests<br>and rents from||investments|||||(911)|(725)|
|Increase<br>in debtors|||||||(35)|(50)|
|Increase<br>in creditors|||||||83|82|
|Profit on sale offixed assets|||||||(336)|(1,307)|
|Pension<br>revaluation|||||||(99)|(119)|
|Contributions<br>to pension scheme|||||||(141)|(264)|
|Net cash used in operating|activities||||||(802)|(639)|
|Analysis ofcash and cash|equivalents||||||||
||||||||2022|2021|
||||||||f000|OOOO|
|Cash in hand|||||||2,683|3,763|
|Notice deposits (less than 3 months)|||||||1,003|1,837|
|Total cash and cash equivalents|||||||3,686|5,600|



## 

||||At 1||At 31|
|---|---|---|---|---|---|
||||January||December|
||||2022|Cash flows|2022|
||||f000|f000|f000|
|Cash|at bank and|in hand|3,763|(1,080)|2,683|
|Debt|due within<br>1|year|(240)|240||
|Debt|due after 1 year||(101)||(101)|
|Liquid|investments||1,837|(834)|1,003|
||||5,259|(1,674)|3,585|





## 

## 

## 

## 



## 

## 

## 

## 

|needed<br>for December<br>2021<br>already<br>known.|since pensiona|ble<br>stipends<br>for th|e remainder<br>of the r|ecovery<br>plan|
|---|---|---|---|---|
|||2022|2021|2020|
|Discount rate||n/a|0.0% pa|0.2% pa|
|Price inflation<br>Increase to total pensionable|payroll|n/a<br>n/a|n/a<br>-1.5% pa|3.1%pa<br>1.6% pa|





## 



## 

## 



## 

## 

## 

## 

||||2022|2021|
|---|---|---|---|---|
||||f000|f000|
|Balance at|1 January||14,275|12,945|
|Funds received|||430|374|
|Payments|made||(491)|(568)|
|Revaluation|of investments|held|(1,451)|1,524|
|Balance at 31 December|||12,753|14,275|