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|||Page|
|---|---|---|
|Reference and administrative<br>details||1-2|
|Trustees'<br>report||3 —20|
|Trustees'<br>responsibilities<br>statement||21|
|Independent<br>auditor's<br>report to the trustees of Durham|Diocesan Board of Finance|22-24|
|Statement offinancial<br>activities||25|
|Income and expenditure<br>account||26|
|Balance sheet||27|
|Statement ofcash flows||28|
|Notes to the financial statements||29-65|





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|Company|registered|registered|registered||||
|---|---|---|---|---|---|---|
|number||||00192018|||
|Charity registered|||||||
|number||||248287|||
|Registered||office||Cuthbert<br>House|||
|||||Stonebddge|||
|||||Durham|||
|||||DH1 3RY|||
|Company|secretary|||Canon JJ Morgan|||
|Independent||auditor||UNW LLP|||
|||||Chartered<br>Accountants|||
|||||Citygate|||
|||||StJames' Boulevard|||
|||||Newcastle<br>upon|Tyne||
|||||NE1 4JE|||
|Diocesan|Chancellor|||The Worshipful|Adrian|Iles|
|||||56 North Bondgate|||
|||||Bishop Auckland|||
|||||DL147PG|||
|Diocesan|Registrar|||Mr P Wills|||
|||||Smith Roddam|||
|||||56 North Bondgate|||
|||||Bishop Auckland|||
|||||DL147PG|||
|Glebe property|||agents|Savills|||
|||||Helix|||
|||||The Lumen|||
|||||St James' Boulevard|||
|||||Newcastle<br>upon|Tyne||
|||||NE4 5BZ|||





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|||||Unrestricted|Restricted|Endowment|Total|Total|
|---|---|---|---|---|---|---|---|---|
|||||funds|funds|funds|funds|funds|
|||||2023|2023|2023|2023|2022|
||||Note|f000|f000|f000|f000|f000|
|Income and endowments|from:||||||||
|Donations:|||||||||
|Parish Contributions|||4|4,255|||4,255|4,333|
|Archbishops'<br>Council|||5|2,115|2,597||4,712|4,945|
|Other|||6|229|646||875|839|
|Charitable<br>activities|||7|641|||641|628|
|Other trading<br>activities|||8|635|3||638|590|
|Investments|||9|483|215|338|1,036|963|
|Other income|||10|||241|241|336|
|Total income and endowments||||8,358|3,461|579|12,398|12,634|
|Expenditure<br>on:|||||||||
|Raising funds||||79|||79|24|
|Charitable<br>activities:|||||||||
|Contributions<br>to Archbishops'||Council|13|693|4||697|728|
|Resourcing<br>ministry<br>and mission|||14|8,610|3,300|23|11,933|11,025|
|Resourcing<br>education|||15|278|10||288|265|
|Total expenditure||||9,660|3,314|23|12,997|12,042|
|Net (expenditure)/income|before net||||||||
|(losses)/gains<br>on investments||||(1,302)|147|556|(599)|592|
|Net gain/(losses)<br>on investments||||226|645|2,439|3,310|(3,740)|
|Net income/(expenditure)||||(1,076)|792|2,995|2,711|(3,148)|
|Transfers<br>between<br>funds|||27|1,017|(92)|(925)|||
|Net movement<br>in funds||||59|700|2,070|2,711|3,148|
|Reconciliation<br>offunds:|||||||||
|Total funds brought<br>forward||||5,864|11,263|54,882|72,009|75,157|
|Net movement<br>in funds||||(59)|700|2,070|2,711|(3,148)|
|Total funds carried forward|||27|5,805|11,963|56,952|74,720|72,009|





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## 

## 

||||||Total funds|Total funds|
|---|---|---|---|---|---|---|
||||||2023|2022|
|||||Note|8000|OOOO|
|Income|||||11,819|12,298|
|Gains/(losses)/<br>on investments|||||871|(943)|
|Gross income<br>in the|reporting|period|||12,690|11,355|
|Less: Total expenditure|||||(12,974)|(11,851)|
|Net income/(expenditure)<br>for the reporting|||period||(284)|(496)|
|Other comprehensive<br>Net assets transferred|income<br>from endowments|||30|925|756|
|Net comprehensive|income for the year||||641|260|





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## 

||||||2023||2022|
|---|---|---|---|---|---|---|---|
||||Note||f000||OOOO|
|Fixed assets||||||||
|Tangible assets<br>Investments|||20<br>21||35,758<br>36,812||33,580<br>34,169|
|Current assets|||||72,570||67,749|
|Debtors<br>Cash on deposit<br>Cash at bank and|in hand||22<br>23|1,368<br>634<br>1,731||1,080<br>1,003<br>2,683||
|Creditors: amounts||falling due within one||3,733||4,766||
|year|||24|1,534||405||
|Net current assets|||||2,199||4,361|
|Total assets less current liabilities<br>Creditors: amounts<br>falling due after more|||||74,769||72,110|
|than one year|||25||(49)||(101)|
|Total net assets|||||74,720||72,009|
|Charity funds||||||||
|Endowment<br>funds|||27||56,952||54,882|
|Restricted funds|||27||11,963||11,263|
|Unrestricted<br>funds||||||||
|Designated<br>funds|||27|7||25||
|General funds|||27|5,798||5,839||
|Total unrestricted|funds||27||5,805||5,864|
|Total funds|||||74,720||72,009|






## 

## 

## 

|||||2023|2022|
|---|---|---|---|---|---|
||||Note|OOOO|f000|
|Cash flows from operating<br>activities||||||
|Net cash used in operating<br>activities|||31|(990)|(802)|
|Cash flows from investing<br>activities<br>Dividends,<br>interests and rents from investments<br>Proceeds from the sale oftangible fixed assets||||1,036<br>996|911<br>1,088|
|Purchase oftangible fixed assets<br>Proceeds from sale of investments||||(2,738)<br>677|(837)|
|Purchase ofinvestments||||(10)|(2,474)|
|Net cash used in investing<br>activities||||(39)|(1,312)|
|Cash flows from financing<br>activities||||||
|New loans advanced||||||
|Repayment<br>ofloans advanced||||(292)|200|
|Net cash provided<br>by financing<br>activities||||(292)|200|
|Change<br>in cash and cash equivalents<br>in <br>Cash and cash equivalents<br>at the beginning||the year<br>ofthe year||(1,321)<br>3,686|(1,914)<br>5,600|
|Cash and cash equivalents<br>at the end of||the year|32|2,365|3,686|
|The notes on pages 28to 59form part ofthese financial statements||||||





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||||||Total funds|Total funds|
|---|---|---|---|---|---|---|
||||||2023|2022|
||||||f000|OOOO|
|Unrestricted|general fund - parish share||||||
|Contributions|pledged<br>and paid||||4,227|4,321|
|Contributions|from previous years||||28|12|
||||||4,255|4,333|
|Current year parish share receipts <br>as a proportion<br>oftotal amounts||(excluding<br>pledged|contributions|from prior years)|952%|96.1%|





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## 

## 

|||Unrestricted|Restricted|Total|
|---|---|---|---|---|
|||funds|funds|funds|
|||2023|2023|2023|
|||FOOO|f000|f000|
|Lower income communities|fund|2,067||2,067|
|Strategic development<br>fund<br>Energy and cost of living grants<br>Strategic ministry<br>funding<br>Ordinands<br>training<br>grant||48|1,825<br>40<br>383<br>349|1,873<br>40<br>383<br>349|
|||2,115|2,597|4,712|
|||Unrestricted|Restricted|Total|
|||funds|funds|funds|
|||2022|2022|2022|
|||f.000|f000|f000|
|Lower income communities|fund|2,115||2,115|
|Strategic development<br>fund<br>Energy and cost of living grants<br>Strategic ministry<br>funding<br>Ordinands<br>training<br>grant||503|1,597<br>188<br>542|1,597<br>503<br>188<br>542|
|||2,618|2,327|4,945|





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## 

## 

||Unrestricted|Restricted|Total|
|---|---|---|---|
||funds|funds|funds|
||2023|2023|2023|
||f000|OOOO|f000|
|Benefact Trust|157|23|180|
|Lord Crewe||353|353|
|St Hild and StBede Trust|15||15|
|Other grants and donations|57|270|327|
||229|646|875|
||Unrestricted|Restricted|Total|
||funds|funds|funds|
||2022|2022|2022|
||FOOO|f000|f000|
|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|



## 

|||Total funds|Total funds|
|---|---|---|---|
|||2023|2022|
|||f000|f000|
|Statutory fees||467|494|
|Chaplaincy||36|50|
|St Hild and St|Bede Trust (for Chaplaincy)|8|8|
|Miscellaneous|income|130|76|
|||641|628|





## 

## 

|8.|Income from|other activities|Unrestricted|Restricted|Total|
|---|---|---|---|---|---|
||||funds|funds|funds|
||||2023|2023|2023|
||||OOOO|OOOO|f000|
||Rental income from parsonages<br>Education service level agreements||508<br>127||508<br>130|
||Miscellaneous|income||||
||||635||638|
||||Unrestricted|Restricted|Total|
||||funds|funds|funds|
||||2022|2022|2022|
||||f000|FOOO|f000|
||Rental income from parsonages<br>Education service level agreements||449<br>138||449<br>140|
||Miscellaneous|income|1||1|
||||588||590|



## 

|Income from investments|||||
|---|---|---|---|---|
||Unrestricted|Restricted|Endowment|Total|
||funds|funds|funds|funds|
||2023|2023|2023|2023|
||f000|OOOO|OOOO|OOOO|
|Income from UK listed investments|411|211|338|960|
|Interest receivable|17|4||21|
|Rents receivable|55|0||55|
||483|215|338|1,036|
||Unrestricted|Restricted|Endowment|Total|
||funds|funds|funds|funds|
||2022|2022|2022|2022|
||FOOO|f000|f000|FOOO|
|Income from UK listed investments|650|169||819|
|Interest receivable|91|||92|
|Rents receivable|52|||52|
||793|170||963|





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## 

## 

|||||Endowment|Total|
|---|---|---|---|---|---|
|||||funds|funds|
|||||2023|2023|
|||||f000|E.OOO|
|Gain|on|disposal|ofproperties|241|241|
|||||Endowment|Total|
|||||funds|funds|
|||||2022|2022|
|||||f000|f000|
|Gain|on|disposal|ofproperties|336|336|



## 

||||Unrestricted|Endowment|Total|
|---|---|---|---|---|---|
||||funds|funds|funds|
||||2023|2023|2023|
||||OOOO|f000|OOOO|
|Glebe <br>Glebe|agents fees<br> investment|costs|31<br>48||31<br>48|
||||79||79|



||||Unrestricted|Endowment|Total|
|---|---|---|---|---|---|
||||funds|funds|funds|
||||2022|2022|2022|
||||f000|f000|f000|
|Glebe <br>Glebe|agents fees<br> investment|costs||14|7<br>17|
||||10|14|24|





## 

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## 

## 

||||||Activities|Grant|||
|---|---|---|---|---|---|---|---|---|
||||||undertaken<br>directly<br>2023<br>OOOO|funding<br>of<br>activities<br>2023<br>f000|Support<br>costs<br>2023<br>OOOO|Total<br>funds<br>2023<br>f000|
|Contributions||to Archbishops'|Council (note|||697||697|
|13)<br>Resourcing<br>Resourcing|ministry<br>and mission <br>Education<br>(note 15)|||(note 14)|9,760<br>288|710|1,463|11,933<br>288|
||||||10,048|1,407|1,463|12,918|
||||||Activities|Grant|||
||||||undertaken<br>directly<br>2022|funding<br>of<br>activities<br>2022|Support<br>costs<br>2022|Total<br>funds<br>2022|
||||||f000|f000|f000|OOOO|
|Contributions<br>13)<br>Resourcing<br>Resourcing||to Archbishops'<br>Council (note<br>ministry<br>and mission<br>(note 14)<br>Education<br>(note 15)|||8,574<br>265|728<br>1,180|1,271|728<br>11,025<br>265|
||||||8,839|1,908|1,271|12,018|



## 

||||Unrestricted|Restricted|Total|
|---|---|---|---|---|---|
||||funds|funds|funds|
||||2023|2023|2023|
||||FOOO|f000|f000|
|Training <br>National<br>Grants <br>Pooling|for ministry<br>Church responsibilities<br> and provisions<br> of ordinand<br>candidates||224<br>250<br>228<br>(9)||224<br>250<br>232<br>(9)|
||||693||697|





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## 

||||Unrestricted|Restricted|Total|
|---|---|---|---|---|---|
||||funds|funds|funds|
||||2022|2022|2022|
||||f000|f000|f000|
|Training|for ministry||224||224|
|National|Church responsibilities||250||250|
|Grants|and provisions||269||269|
|Pooling|ofordinand|candidates|(15)||(15)|
||||728||728|



## 

|||||Unrestricted|Restricted|Endowment|Total|
|---|---|---|---|---|---|---|---|
|||||funds|funds|funds|funds|
|||||2023|2023|2023|2023|
|||||OOOO|f000|f000|f000|
|Stipends|and national||insurance|3,463|581||4,044|
|Clergy pension||||861|56||917|
|Housing|costs|||1,881|1|10|1,892|
|Removal,|resettlement||and other grants|175|13||188|
|Mission:|stipendiary,||staff and activity costs|496|1,498||1,994|
|Ministerial|Training|||60|307||367|
|Strategic|development||costs||297||297|
|Other expenses and|||grants|541|230||771|
|Support for parish||ministry (see note 16)||1,133|317|13|1,463|
|||||8,610|3,300|23|11,933|





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## 

## 

||||Unrestricted|Restricted|Endowment|Total|
|---|---|---|---|---|---|---|
||||funds|funds|funds|funds|
||||2022|2022|2022|2022|
||||f000|f000|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|
|I indisfarne<br>College ofTheology grant|||42|478||520|
|Strategic development|costs||||||
|Other expenses<br>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|Total|
|---|---|---|---|
||funds|funds|funds|
||2023|2023|2023|
||f000|OOOO|f000|
|Administration|278||278|
|Closed schools||10|10|
||278|10|288|
||Unrestricted|Restricted|Total|
||funds|funds|funds|
||2022|2022|2022|
||f000|f000|f000|
|Administration|250||250|
|Closed schools||15|15|
||250|15|265|





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## 

|Analysis of|support costs|||
|---|---|---|---|
|||Total|Total|
|||funds|funds|
|||2023|2022|
|||OOOO|f000|
|Central staff|costs|750|640|
|Central office and premises||89|87|
|Technology|and communication|166|155|
|Depreciation||45|45|
|Legal and registry costs||150|136|
|Synod, Board and Committee expenses||53|30|
|External audit||25|22|
|Other support costs||66|59|
|Other costs||119|97|
|||1,463|1,271|



## 

## 

|||||||Total|
|---|---|---|---|---|---|---|
|||||Individuals|Institutions|2023|
|||||f000|OOOO|OOOO|
|From unrestricted<br>funds|for||||||
|National<br>Church responsibilities:|||||||
|Contributions<br>to Archbishops'||Council|||466|474|
|Other grants made:|||||||
|NECAT|||||8|8|
|Lesotho|||||25|25|
|Resettlement<br>and First Appointment|||Grants|157||157|
|Ordinands'<br>Grants||||231||223|
|Basic Clergy Development|Grants|||18||18|
|Special CMD 8 Sabbatical|Grants|||7||7|
|Mission Fund Grants||||23||23|
|Church<br>building<br>committee|grants||||34|34|
|Ministry<br>Hardship<br>Grant|||||7|8|
|Energy Support Grant funding||||64||65|
|I indisfarne<br>College ofTheology|||||367|367|
|||||500|907|1,407|





## 

## 

## 

## 

|Analysis ofgrants made|(co|ntinu|ed)|||||
|---|---|---|---|---|---|---|---|
||||||||Total|
||||||Individuals|Institutions|2022|
||||||OOOO|f000|f000|
|From unrestricted<br>funds|for|||||||
|National<br>Church responsibilities:||||||||
|Contributions<br>to Archbishops'||Council||||474|474|
|Other grants made:||||||||
|NECAT||||||8|8|
|Northumbrian<br>Industrial<br>Mission||||||2|2|
|Lesotho||||||25|25|
|Training for Ministry Grants|||||77|443|520|
|Resettlement<br>and First Appointment|||Grants||102||102|
|Ordinands'<br>Grants|||||269||269|
|Basic Clergy Development|Grants||||14||14|
|Special CMD &Sabbatical|Grants||||7||7|
|Mission Fund Grants|||||14||14|
|Church<br>building<br>committee|grants|||||42|42|
|Ministry<br>Hardship<br>Grant||||||48|48|
|Energy Support Grant funding|||||383||383|
||||||866|1,042|1,908|
|Auditor's<br>remuneration||||||||
|||||||2023|2022|
|||||||OOOO|f000|
|Fees payable to the charitable||company's||auditor|for the audit ofthe|||
|charitable<br>company's<br>annual||accounts||||24|20|
|Fees payable to the charitable||company's||auditor|in respect of:|||
|All non-audit<br>services not included|||above|||||
|Staff costs||||||||
|||||||2023|2022|
|||||||OOOO|f000|
|Employee costs during the <br>Wages and salaries||year|were|as follows:||1,649|1,485|
|National<br>insurance<br>contributions||||||165|157|
|Pension costs||||||219|211|
|||||||2,033|1,853|



## 

## 



## 

## 

## 

||||2023|2022|
|---|---|---|---|---|
|The average monthly<br>number ofemployees||during the year were as|OOOO|f000|
|follows:|||||
|Staff||||40|
|The number of higher paid employees|was:||2023|2022|
||||No.|No.|
|In the band f70,001 - 680,000|||||
|In the band F80,001 - f90,000|||||



## 



## 

## 

## 

## 

|y the DDB|F du|ring the year:|||
|---|---|---|---|---|
||||Stipend|Housing|
|Right Reverend||PR Butler (Chair)|No|No|
|Right Reverend||SEClark|No|Yes|
|Venerable|RL|Simpson|Yes|Yes|
|Venerable|EM|Wilkinson|Yes|Yes|
|Venerable|RG|Cooper|Yes|Yes|



|holding<br>|parochial<br>or diocesan appointments<br>in the Diocese, and the cost|s were as follows:||
|---|---|---|---|
|||2023|2022|
|||OOOO|f000|
|Stipends<br>National|insurance<br>contributions|3,722<br>325|3,491<br>308|
|Pension costs - current year contributions<br>Movement<br>on pension scheme deficit creditor (see note 34)||952|1,243<br>(99)|
|||4,999|4,943|





## 

## 

## 

## 

|||Office||Glebe||
|---|---|---|---|---|---|
||Property<br>OOOO|equipment<br>OOOO|Personages<br>f000|Property<br>f000|Total<br>OOOO|
|Cost or valuation||||||
|At 1 January 2023|3,624|101|20,093|10,670|34,488|
|Additions|||368|2,370|2,738|
|Disposals<br>Transfers<br>between classes|78||(302)<br>(78)|(221)|(523)|
|At 31 December 2023|3,702|101|20,081|12,819|36,703|
|Depreciation||||||
|At 1 January 2023|151|96|421|240|908|
|Charge for the year|32|1|3|9|45|
|On disposals<br>Transfers<br>between classes|||(5)<br>(2)|(3)|(8)|
|At 31 December 2023|185|97|417|246|945|
|Net book value||||||
|At 31 December 2023|3,517||19,664|12,573|35,758|
|At 31 December 2022|3,473||19,672|10,430|33,580|





## 

## 

## 

## 

||Listed|Loans to|Agricultural||
|---|---|---|---|---|
||investments|associates|land|Total|
||OOOO|f000|f000|OOOO|
|Cost or valuation|||||
|At 1 January 2023<br>Additions|31,162|19<br>10|2,988|34,169<br>10|
|Disposals<br>Revaluations|(621)<br>2,926||(56)<br>383|(677)<br>3,310|
|At 31 December 2023|33,468|29|3,315|36,812|
|Net book value<br>At 31 December 2023|33,468|29|3,315|36,812|
|At 31 December 2022|31,162|19|2,988|34,169|
|Historic cost at 31 December 2023|26,840|29|403|27,272|



## 

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## 



## 

## 

## 

## 

|||||2023|2022|
|---|---|---|---|---|---|
|||||OOOO|f000|
|Due after more than one year||||||
|Church|Buildings||loan|139|103|
|Equity|share|loan||134|134|
|||||273|237|
|Due within one year||||||
|Parish|share|debtors|||11|
|Church|Buildings||loans|3|2|
|Other debtors||||477|737|
|Prepayments||and|accrued income|615|93|
|||||1,095|843|
|Total||||1,368|1,080|



## 

## 

|||||||||2023|2022|
|---|---|---|---|---|---|---|---|---|---|
|||||||||OOOO|OOOO|
||CBFDeposit fund|||||||634|1,003|
|24.|Creditors: amounts||||falling due||within one year|||
|||||||||2023|2022|
|||||||||OOOO|f000|
||Trade creditors|||||||315|276|
||Pension|deficit payments<br>creditor|||||(note 34)|||
||Other creditors|||||||3|2|
||Accruals|and deferred|||income|||1,216|127|
|||||||||1,534|405|
|||||||||2023|2022|
|||||||||OOOO|FOOO|
||Deferred|income at||1|January|||33|26|
||Resources deferred|||during the year||||1,116|33|
||Amounts|released|from|||previous|periods|(33)|(26)|
|||||||||1,116|33|





## 

## 

## 

|Creditors:|amounts|falling|due|after|more|than|one|year|2023|2022|
|---|---|---|---|---|---|---|---|---|---|---|
||||||||||f,000|f000|
||||||||||49|101|



## 

|Smmr<br>offunds|- currentyear||||||
|---|---|---|---|---|---|---|
|uay<br>||||||Balance at|
|Designated<br>funds<br>General funds|Balance at<br>1 January<br>2023<br>OOOO<br>25<br>5,839|Income<br>FOOO<br>8,358|Expenditure<br>OOOO<br>(18)<br>(9,642)|Transfers<br>in/out<br>OOOO<br>1,017|Gains/<br>(Losses)<br>f000<br>226|31<br>December<br>2023<br>f000<br>7<br>5,798|
|Endowment<br>funds<br>Restricted funds|54,882<br>11,263|579<br>3,461|(23)<br>(3,314)|(925)<br>(92)|2,439<br>645|56,952<br>11,963|
||72,009|12,398|(12,997)||3,310|74,720|
|Summary<br>offunds|- prior year|||||Balance at|
||Balance at|||||31|
|Designated<br>funds<br>General funds<br>Endowment<br>funds<br>Restdcted funds|1 January<br>2022<br>f000<br>25<br>5,848<br>58,290<br>10,994|Income<br>f000<br>9,280<br>336<br>3,018|Expenditure<br>f000<br>(8,920)<br>(191)<br>(2,931)|Transfers<br>in/out<br>FOOO<br>(102)<br>(756)<br>858|Gains/<br>(Losses)<br>f000<br>(267)<br>(2,797)<br>(676)|December<br>2022<br>f,000<br>25<br>5,839<br>54,882<br>11,263|
||75,157|12,634|(12,042)||(3,740)|72,009|





## 

## 

## 

## 

|||||||Balance at|
|---|---|---|---|---|---|---|
||Balance at 1|||||31|
||January|||Transfers|Gains/|December|
||2023|Income|Expenditure|in/(out)|(Losses)|2023|
||f000|f000|OOOO|OOOO|f000|f000|
|Designated<br>funds|||||||
|Bequests Fund|25||(18)||||
|Unrestricted<br>funds|||||||
|General|5,839|8,358|(9,642)|1,017|226|5,798|
|Restricted funds|||||||
|Parsonages<br>Building<br>Fund|2,042|54||(467)|112|1,741|
|Durham<br>Closed Schools Fund<br>Pastoral<br>Fund|588<br>7,052|61<br>227|(10)<br>(191)|357<br>544|34<br>448|1,030<br>8,080|
|Ministry and Preordination<br>Training<br>Fund|104|349|(307)|||146|
|Lord Crewe's Charity|172|353|(383)|||142|
|Strategic Development<br>Fund-<br>Resourcing<br>Churches|29|615|(617)|||27|
|Restructuring<br>Fund - Renewal 8<br>Reform|63||(58)||||
|Strategic Development<br>Fund II-<br>Communities<br>for Hope||663|(664)||||
|Misc Restricted<br>Fund (Misc<br>Income for projects)|69|52|(44)|96||173|
|Durham<br>Capacity Fund<br>(Restricted)||198|(200)|||(3)|
|Strategic Capacity Grant fund||53|(53)||||
|Strategic Ministry<br>Fund||333|(333)||||
|Strategic Development<br>Fund-<br>Transformation<br>Growth||297|(297)||||
|Archbishops'<br>Council - Giving<br>Adviser||23|(23)||||
|Archbishops'<br>Council - Net Zero||40|(15)|||25|
|Archbishops'<br>Council - Called to<br>Fruiffulness||49|(49)||||
|Benefact Trust- Cultivate|||||||
|funding|100||(57)|||43|
|Other|1,040|94|(13)|(622)|51|550|
||11,263|3,461|(3,314)|(92)|645|11,963|
|Endowment<br>funds|||||||
|Parsonages<br>Houses Fund|19,674||(5)|(252)|245|19,662|
|Stipends<br>Capital Fund|35,208|579|(18)|(673)|2,194|37,290|
||54,882|579|(23)|(925)|2,439|56,952|
|Total offunds|72,009|12,398|(12,997)||3,310|74,720|





## 

## 

## 

## 

## 

## 



## 

## 

## 

## 



## 

## 

## 



## 

## 

## 

## 

|||||||||Balance at|
|---|---|---|---|---|---|---|---|---|
||||Balance at|||||31|
||||1 January|||Transfers|Gains/|December|
||||2022|Income|Expenditure|in/out|(Losses)|2022|
||||OOOO|OOOO|OOOO|OOOO|OOOO|OOOO|
|Designated<br>funds|||||||||
|Bequests Fund|||25|||||25|
|Unrestricted<br>funds|||||||||
|General<br>Restricted funds|||5,848|9,280|(8,920)|(102)|(267)|(5,839)|
|Parsonages<br>Building|Fund||2,151|46|||(155)|2,042|
|Durham<br>Closed Schools Fund|||580|13|(15)|10|-|588|
|Pastoral Fund|||6,504|98|(159)|996|(387)|7,052|
|Ministry 8 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|||208||(145)|||63|
|Strategic Development|Fund|II|||||||
|-Communities<br>for Hope||||698|(693)||||
|Misc Restricted<br>Fund|(Muse||||||||
|Income for project)|||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 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|





## 

## 

## 

## 

|||||||Total|
|---|---|---|---|---|---|---|
|||||Trust for|Unapplied|Stipend|
|||||investment|total return|Capital fund|
|||||2023|2023|2023|
|||||f000|OOOO|f000|
|As at 1 January 2023||||35,208||35,208|
|Movements|in year||||||
|Allocation to trust for investment||||833|(833)||
|Investment|return: dividends|and interest|||338|338|
|Investment|return: gains on|sale of|property||241|241|
|Investment|return: realised|and unrealised|||||
|gains and <br>Addition of|(losses)<br>capital|||96|2,194|2,194<br>96|
|Less costs|of maintaining<br>properties||||(18)|(18)|
|||||929|1,922|2,851|
|Allocation<br>from trust for investment|||(on first time application||||
|oftotal return<br>policy) at 1 January 2023||||(24,765)|24,765||
|Unapplied|total return allocated to income||||(769)|(769)|
|Net movement<br>in the year||||(23,836)|25,918|2,082|
|As at 31 December 2023||||11,372|25,918|37,290|





## 

## 

## 

## 

## 

||Unrestricted|Restricted|Endowment|Total|
|---|---|---|---|---|
||funds|funds|funds|funds|
||2023|2023|2023|2023|
||f000|OOOO|OOOO|FOOO|
|Tangible fixed assets|1,895|1,627|32,236|35,758|
|Fixed asset investments|2,979|9,067|24,766|36,812|
|Debtors due after more than one year|142|131||273|
|Current assets|1,140|2,320||3,460|
|Creditors due within one year|(351)|(1,182)|(1)|(1,534)|
|Creditors due in more than one year|||(49)|(49)|
|Total|5,805|11,963|56,952|74,720|



## 

||Unrestricted|Restricted|Endowment|Total|
|---|---|---|---|---|
||funds|funds|funds|funds|
||2022|2022|2022|2022|
||f000|f000|f000|FOOO|
|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|





## 

## 

## 

## 

## 

|Analysis ofsignifican|t<br>transf|ers|bet|ween f|unds —current y|ear|||
|---|---|---|---|---|---|---|---|---|
||||||Unrestricted|Restricted|Endowment|Total|
||||||funds|funds|funds|funds|
||||||2023|2023|2023|2023|
||||||FOOO|OOOO|OOOO|OOOO|
|Transfer ofParsonage|Houses to||General||76||(76)||
|Transfer ofParsonage|Houses to||Pastoral||||||
|Account||||||245|(245)||
|Release ofcash from|Parsonage||Houses to||||||
|Pastoral Account||||||297|(297)||
|Release of Ecomb Pars Build||Fund to|||||||
|Parsonage<br>Property||||||(346)|346||
|Transfer to Parsonage|Houses Fund to||||||||
|purchase<br>land at St|Peter's Vicarage|||||(20)|20||
|Bank journal from Parsonage<br>to Stipends<br>Capital Fund||Building||Fund||(96)|96||
|Total Return transfer|from Stipends Capital||||769||(769)||
|Year end dividends<br>release|||||172|(172)|||
|Total|||||1,017|(92)|(925)||





## 

## 

## 

||||Unrestricted|Restricted|Endowment|Total|
|---|---|---|---|---|---|---|
||||funds|funds|funds|funds|
||||2022|2022|2022|2022|
||||FOOO|OOOO|OOOO|f000|
|Transfer ofParsonage<br>Transfer from general||Property to Pastoral<br> funds to Stipend||996|(996)||
|Capital fund<br>in respect ofreduction<br>in|||||||
|clergy pension scheme deficits payment|||||||
|creditor|||(240)||240||
|Transfer of|balance of|Ministry and Pre|||||
|ordination|fund To Board ofFinance CBF||||||
|Deposit Fund<br>Released cash from Pastoral to Stipend|||10|(10)|||
|Capital<br>Release of|investment|shares from Stipend||(774)|774||
|Capital to|Pastoral|||774|(774)||
|Total|||(102)|858|(756)||



|||||||2023|2022|
|---|---|---|---|---|---|---|---|
|||||||f000|f000|
|Net<br>income/(expenditure)<br>Activities)|for the|year|(as per|Statement|of Financial|2,711|(3,148)|
|Adjustments<br>for:||||||||
|Depreciation<br>charges||||||45|45|
|(Gain)/loss<br>on investments<br>Dividends,<br>interests<br>and rents from <br>Increase<br>in debtors<br>Increase<br>in creditors<br>Profit on sale offixed assets<br>Pension<br>revaluation<br>Contributions<br>to pension scheme||investments||||(3,310)<br>(1,036)<br>(288)<br>1,129<br>(241)|3,740<br>(911)<br>(35)<br>83<br>(336)<br>(99)<br>(141)|
|Net cash used in operating|activities|||||(990)|(802)|





## 

## 

## 

## 

## 

|||2023|2022|
|---|---|---|---|
|||OOOO|OOOO|
|Cash <br>Notice <br>Total|in hand<br> deposits (less than 3 months)<br> cash and cash equivalents|1731<br>634<br>2,365|2,683<br>1,003<br>3,686|



## 

|||At 1||At 31|
|---|---|---|---|---|
|||January||December|
|||2023|Cash flows|2023|
|||OOOO|OOOO|OOOO|
|Cash|at bank and in hand|2,683|(952)|1,731|
|Debt <br>Liquid|due after 1 year<br> investments|(101)<br>1,003<br>3,585|52<br>(369)<br>(1,269)|(49)<br>634<br>2,316|



## 

|At 31 De<br>aments|cember<br>2023 the<br>c<br>undernon-cancellable|haritable<br>company<br>had<br>commit<br>operating<br>leases as follows:|ments<br>to make<br>future<br>minimu|m<br>lease|
|---|---|---|---|---|
|py|||2023|2022|
||||OOOO|f000|
|Not later than<br>1 year<br>Later than<br>1 year and not later||than 5years|10|10<br>2<br>12|





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