All Saints PCC Treasurer’s Report for year ending 31 Dec 2013
It has not been possible, despite my best efforts, to get the examination of the books
completed in time for this meeting. On the reverse of this sheet I show the income and
expenditure figures extracted from the book-keeping records. I hope they are essentially
self-explanatory and I don’t intend to go through them in detail but will be happy to answer
any questions that you may have.
Investments. (see table below) In March £150 000 was moved from the current to the
deposit account. In June we put the investment plan into action. £500,000 of the Clayton
legacy was placed in a new CCLA investment account to provide income to support our
activities. At the same time we added £300,000 to an existing investment accumulation fund
to try to maintain the value of our capital for the future. The reminder was left in the
existing deposit account. The remaining CCLA account and that at Lloyds are restricted
accounts set up to fund a wc and will be used for that purpose during the reordering.
Over a full year it is hoped that the investment income will increase to about £20,000 and
although that from the deposit account will fall overall, we might hope to receive about
£22,000 to help meet our expenditure.
Income. There was a small but encouraging increase in income from giving perhaps arising
from an increase in Sunday attendance, however the income from giving does not meet
even our Parish share and without the fund raising efforts and the investment income we
would be in severe financial straits. A new government initiative known as the small
donations scheme, introduced in April, will enable us to claim 25p in the pound on all
donations in a similar way to gift aid. However we still need our members to gift aid as far as
is possible because being able to claim from this scheme is dependant on having achieved a
certain level of gift aid.
Income from the donations and sales boxes also increased probably attributable to the
regular opening of the church during the summer.
Expenditure. For a number of expenditure heads there was very little increase from 2012
figures and this I think is a good thing because it shows that we have brought routine
expenditure under control. However overall, our expenditure increased by some £20,000.
The largest item was the building work needed to complete repairs identified in the
quinquennial review. Other items contributing to the increase include two examination fees
in one year and the purchase of the photocopier.
I have shown expenditure related to the reordering process separately. This mostly consists
of fees payable to the architect and other consultants as we develop the plans but also
includes the cost of the test-pits dug in the floor. A payment for Youth drop-in worker salary
was made to the diocese because they forgot to charge us for the notice period in 2012.
Bank balances as at 31st Dec
NATWEST Current
CCLA Deposit
CCLA Income Fund 5600S
CCLA Accumulation Fund 56001J
CCLA Accumulation Fund 56002J
Lloyds
2013
2012
33,814
417,848
523,833
8,957
334,352
328
221,032
1,063,279
1,319,132
1,305,353
7,704
13,010
328
Income
Envelopes Yellow
Envelopes pledged
Sunday collections
STO/DD
Donations Gift Aid applying
Other donations
Other service collections
Fees Banns, Weddings, Funerals
Recharge Rectors expenses
Gift aid refund
FIT payment (PV panels)
Yard Sales
Other events
Box, sales, coffee etc
Recharge Arch lib expenses
Misc
Self Generated Total
Bank Interest CCLA invest ac
Bank interest CCLA deposit
Legacy
Total income
2013
1,117.00
1,445.00
2,062.00
4,505.00
5,500.00
196.00
2,050.00
4,783.00
797.00
3,494.00
774.00
758.00
1,801.00
2291.00
857.00
264.00
32,704.00
9,446.00
4,564.00
3,003.00
49,717.00
Expenditure
Ely DBF Parish Share
Fees DBF
Church Insurance
Audit
Clergy expenses
Churchwarden expenses
Service costs
Books and Course materials
Utilities
Organist, Choir, Bells
Organ maintenance & music
Building maintenance
Charities
Cleaning
Subscriptions
Children/ Youth
Publicity
Flowers
Misc
Events
Archdeaconry Library
St Mary's repairs
Total Running costs
Development fees & expenses
Planned building development
Drop In worker salary
Total Expenditure
22,319.00
2,731.00
4,698.00
4,320.00
2,503.00
216.00
657.00
141.00
3,620.00
1,254.00
1,218.00
10,375.00
1,212.00
553.00
508.00
198.00
444.00
80.00
53.00
415.00
6,317.00
368.00
64,200.00
14,841.00
2,758.00
2,207.00
84,006.00
2012
1,007.00
3,401.00
1,611.00
2,972.00
6,350.00
119.00
1,021.00
2,286.00
142.00
6,337.00
491.00
822.00
1,121.00
1927.00
Comments
some users moved to DD
for 2 years in 2012
Increase as result of regular open church
384.00
31,493.00
for July - Dec
9,330.00
40,823.00
22,112.00
1,062.00
4,829.00
2,486.00
240.00
620.00
3,826.00
1,665.00
813.00
2,327.00
823.00
446.00
563.00
137.00
Increase because more funerals
for 2012 & 13
Total, AS share is 54% of this
includes purchase of keyboard
£8400 for quinqennial works
mostly from dedicated collections
129.00
1,854.00
Agape meal and one organ recital
includes purchase of copier £4000
44,575.00
£1498 balance of roof works 2012