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## **Accounts**
VICAR New incumbent appointed
aes. INDEPENDENT EXAMINER Ra Pat Greene
BANKERS Barclays Bank plc
Registered Charity No. 1128816
## **Administrative Information**
St Andrew's Church is situated in the heart of Totteridge Village, Totteridge. It is part of Barnet Deanery in the Diocese of St. Albans within the Church of England. The correspondence address is The Parish Office, St. Andrew’s Church, Totteridge Village, London N20 8PR.
Registered charity number 1128816.
PCC members who have served for the period from the date of the last APCM (24 April 2022) to the date of this report are:-
## **Ex Officio members**
Mr Richard Peart PCC Chairman & Stewardship Secretary Mrs Margaret Peart Reader Mrs Marion Archibald Reader Emeritus Mrs Dixie Locke Churchwarden Ms Caroline Haines Churchwarden Mrs Liz Harris Electoral Roll Officer & Safeguarding Officer Mrs Anne Reid Secretary
## **Elected members**
Mr John Abbott Mrs Alison Cornelius Mr Richard Cornelius Mr Tim Harris Mr Russell Proctor Mr Alex Wishart (Treasurer) Mrs Maureen Yates (co-opted)
**Deanery Synod Representatives Church Administrator** Mr Tim Harris Sarah Newlyn Mrs Dixie Locke St. Andrew's Parish Church Office Mr Alex Wishart Totteridge Village London N20 8PR
Email admin@totteridgechurch.org.uk Tel 020 8446 1417
2
## **Aim and Purposes**
St Andrew's Parochial Church Council (PCC) has the responsibility of cooperating with the Vicar in promoting in the ecclesiastical parish the whole mission of the Church - pastoral, evangelistic, social and ecumenical. To this end, the PCC has complied with the duty under section 5 of the Safeguarding and Clergy Discipline Measure 2016 (duty to have due regard to House of Bishops’ guidance on safeguarding children and vulnerable adults). The PCC is also specifically responsible for the maintenance of the Parish Hall and Churchyard.
## **Structure, Governance & Management**
The Parochial Church Council is a corporate body established by the Church of England. The PCC operates under the Parochial Church Council Powers Measure. The PCC is a Registered Charity.
The method of appointment of PCC members is set out in the Church Representation Rules. At St Andrew's the membership of the PCC consists of our Vicar, Churchwardens, Readers and members elected by those of the congregation who are on the electoral roll of the church. All those who attend our services and /or members of the congregation are encouraged to register on the Electoral Roll and stand for election to the PCC.
The PCC members are responsible for making decisions on all matters of general concern and importance to the parish including deciding on how the funds of the PCC are to be spent. The full PCC met seven times during 2022, with an average level of attendance of 75%. Given its wide responsibilities, the PCC is grateful to particular PCC members who take special interest in particular aspects of parish life.
## **Objectives and Activities**
The PCC is committed to enabling as many people as possible to worship at our church and to become an integral part of our parish community in Totteridge. The PCC maintains an overview of worship and makes suggestions on how our services can involve the many groups that live within our parish. Our services and worship put faith into practice through prayer and scripture, music and sacrament. When planning our activities for the year, we have considered the Commission's guidance on public benefit and the supplementary guidance on charities for the advancement of religion. In particular, we try to enable ordinary people to live out and grow in their faith as part of our parish community through:
- Ø Worship and prayer; Going Deeper into God - learning about the gospel; developing knowledge & trust in Jesus.
- Ø Missionary and outreach work – Making New Disciples - our ‘Mission Action Plan’
- Ø Provision of pastoral care - Transforming Communities - for people living in the parish and beyond.
To facilitate these objectives, it is important that we maintain in good order the fabric of the Church of St Andrew, the Parish Hall, and the churchyard grounds in which they are situated.
3
## **The Church Year 2022**
As we entered 2022, we were still absorbing the news that the Reverend Tim Seago and his wife Lindy were leaving us. We held a very special cocktail evening in the parish hall in early January to say goodbye and it is a delight to report that Tim and Lindy have settled well into their new surroundings in Norfolk and stay in touch with some in the Totteridge parish.
So began, what turned out to be at times, the laborious process of finding a new vicar. An initial meeting in February with The Rt. Rev. Bishop Michael Beasley, Bishop of Hertford, the Venerable Archdeacon of Hertford Janet Mackenzie, our Patron The Rev. Father Darren Collins, the Rev. Laura Hewett who is Area Dean and members of the St. Andrew’s PCC, buoyed us as we were told that we were going to be allocated a half-time minister (our inability to meet our full Parish Share contributions over the past few years determining that we do not qualify for a full-time vicar).
What this means, however, is that we will have a minister dedicated to St Andrews alone (not shared with another parish) and who would live in the Vicarage. They will work with us for three days during the week plus Sundays. The other three days will include the minister’s day off as well as time for them to devote to other activities.
The first task was to identify what it was we wanted in our new vicar and then to write a Parish Profile. In April a further meeting helped refine our profile which was subsequently published in June. The position was then advertised by the Diocese. After the summer holidays, responses were received and shortlisting took place in October, with two candidates being interviewed in November. Unfortunately, neither could be appointed so the process had to start again and the position was re-advertised. Sadly, of course, this meant that we were without a vicar of our own for the whole of 2022.
But our church continued to thrive. Thanks to the most amazing efforts of our reader Margaret Peart, our PCC chairman Richard Peart, our churchwardens Dixie Locke and Caroline Haines and our reader emeritus Marion Archibald, all ably supported by others in our church family, the activities of St Andrews continued throughout the year.
The church responded magnificently to the call for help for those caught up in the war in Ukraine. Vast quantities of clothing and essential supplies were gathered, sorted, packed and dispatched to Ukraine by truck and air. Alison Cornelius worked tirelessly to coordinate the St Andrew’s response.
The Church also hosted a stunning evening of music and song to raise funds to support Ukrainian causes. The NSPCC also benefitted.
A very well-attended Summer BBQ was held in July, yet again turning the parish hall car park into a vast party area and raising much-needed funds for the church.
Whilst the vacancy has meant that some services and activities have had to be suspended, we have continued to hold communion services on most Sundays, Choral Evensong and Family services every month and special services at Christmas and Easter, including the Christingle service, Nine Lessons and Carols, Crib service, Midnight Mass, Ash Wednesday, Maundy Thursday and Good Friday services (including the Walk of Witness). Thanks to the incredible work of Richard and Margaret Peart, we have been blessed with a huge variety of visiting ministers throughout 2022. These were:-
|Revd. Brian Blackshaw|Revd. Prebendary David Nash|
|---|---|
|Revd. Adele Burgess|Revd. Ian Ogilvie|
|Revd. Diane Clark|Revd. Jos Perris|
|Revd. Canon Darren Collins|Bishop Stephen Venner|
|Revd. Dr. Alec Corio|Revd. Hugh Wikner|
|Bishop Christine Hardman|Revd. Tim Yeager|
|Revd. Cindy Kent||
4
## **Communication**
The weekly ‘eNews’ continues to be the main method of communicating with our parishioners, letting them know of service times, happenings within our community, special events and a notice board for anyone to inform others.
At the request of many, the monthly Parish Magazine was, once again, produced as a printed booklet. There is still an opportunity to deliver the magazine electronically.
We are extremely grateful that Russell Proctor, along with our administrator Sarah Newlyn, has taken on the considerable task of bringing our on-line communications into the 21[st] century. They are currently developing a mobile-friendly website which will replace the existing one in the coming months. This new website will contain fewer pages and be much easier to navigate, update and maintain. As well as being a source of historical and current information about St Andrews, it will detail our regular services, provide information on weddings, baptisms, funerals and christenings, list social and entertainment events that may be taking place and give contact information for those needing help, advice or support. There will also be a dedicated page for St Andrew’s Primary School.
We are now also on Instagram. This particularly appeals to families and the younger sections of our congregation and gives us another, easily digestable format to spread our message and tell everyone about what St Andrews is doing. The Instagram platform is quick to update and should help to expand our congregation.
## **Safeguarding Report 2022**
The parish is committed to the safeguarding of children and vulnerable adults and to supporting those who have been victims of abuse, as well as those who may present a risk to others.
Elizabeth Harris is our Parish Safeguarding Officer/Lead Recruiter, ably supported by Caroline Haines as assistant recruiter. DBS checks are renewed every three years and all those who have been safely recruited and all members of the PCC have completed the required safeguarding training within the last year.
Contact details for those wishing to obtain advice, raise any concerns or make referrals to the statutory authorities are in the Best Practice Guidance leaflets in the porch and on the church website.
There have been no issues of safeguarding concern over the last year.
## **Confidential Prayer Group**
The Confidential Prayer Group for the Sick, the Bereaved and those in particular need was formed for the benefit of those whose needs for prayer support are too personal or sensitive to be included in public worship. The group began 20 years ago to pray for one member of our church family, and given the number of requests we now receive, it fulfills an important need. There are four of us in the group, and it is a real privilege to be able to come alongside people and support them in this way. We usually meet on the first Thursday or Friday of the month, but when there is urgent need we are in more frequent touch with each other. Most important of all, the group is confidential, so please do not hesitate to get in touch with me if you or someone you know would like to be included in our prayers.
Marion Archibald
5
## **Deanery Synod**
At its best, Barnet Deanery is a vital part of the body of Christ - the church (1 Cor. 12.12-13). It is a forum and support structure that reflects the needs and diversity of all the priests, people and parishes of our area - from the rural swathes of Hertfordshire to the busy towns and residencies of New & East Barnet, Potters Bar & Borehamwood. In supporting and encouraging one another, with prayer, with pastoral care, with the sharing of ideas; in chapter, at synod, wherever and whenever we gather, we support the health and wholeness of every part of this interconnected and interdependent body. Three members of our PCC - Tim Harris, Alex Wishart and Dixie Locke - acted as representatives to the deanery synod which meets 3 times a year. Elected representatives here in turn elect the lay representatives who sit on the Diocesan Synod and provide the PCC with an important link between the parish and the wider structures of the church. Meetings are informative, thought-provoking and relevant to the spiritual and practical needs of our area and diocese.
## **Church Garden**
Inspired by the many other talents continually displayed at St.Andrew’s, work has continued this year on improving the flower beds around the parish hall and car park. We have seen the first returning snowdrops and tete-a-tete daffodils, rewarding the initial efforts on the garden following the overgrowth of the pandemic period. This demonstrated the value of Spring bulbs, which it is hoped will multiply and naturalise if they are content in their position. Parishioners’ donations of perennials should flower in 2023, having settled into the beds running toward the shed and around the pampas grass outside the parish hall entrance, although the very dry August sadly saw one or two items lost to the heat.
Regular, enthusiastic working parties (determinedly ignoring any frost and rain), kindly co-ordinated by the churchwardens with added coffee and nibbles, have resulted in ‘many hands making light work’ of the bed containing an apple tree outside the shed in the car park (“Sylvia’s Garden”); the bed along the kitchen side of the parish hall (“Miriam’s Garden”); the overgrown area next to the entrance of the old vicarage; and the invasive ivy and brambles that were overwhelming the hedges (“Clive’s hedges”).
There is much more to be done, but a sense of collective achievement is always felt following the working parties when the team, in partnership with God’s will, work together to continue creating an increasingly bright and cheerful welcome for all who use the hall and car park.
We hope to continue to welcome extra hands to the monthly working parties, where no job is too small!: vacancies exist for Chief seed sprinkler, Watering can operatives, and more!... Meanwhile, anyone who cannot attend and would like to donate a plant or bulbs will equally be rewarded.
Jonathan Daniels
## **Parish Hall**
The Parish Hall continues to provide a meeting and entertainment space for a variety of groups and generates a growing income for the church. The Brownies/Guides and Perform (the children’s acting group) now regularly utilise the hall’s facilities and the National Childbirth Trust come along on an adhoc basis. New hirers include a Pilates Group and an Indian Dance Group and the hall has seen a number of children’s parties and group meetings throughout the year. It continues to also provide the location for Sunday Coffee after church services, the highly successful Wednesday Coffee Morning and a peaceful room for those wishing to gather after funeral services.
6
## **Pastoral Care**
The humble telephone once again proved to be the lifeline that enabled the Pastoral Visiting Group to carry on its much-valued work through the continuing Covid pandemic. Restrictions eased as the year progressed and the team were delighted to be able to resume proper visits. Ministering to those in need is a top priority of our faith and we are glad that our small but committed team have been able to maintain our work in the Totteridge community and beyond.
## **St Andrew’s School**
St. Andrew’s School has enjoyed another busy and eventful year. The priority focus of the Leadership Team, including the Board of Governors, during 2022 was to ensure a return to ‘normal’ school life for all pupils following the huge disruption of the Covid-19 pandemic of the previous two years. The impact of the lock-downs, home learning regimes and, in many cases, family tragedies, had – and continues to have - an enormous impact on school life and the emotions and wellbeing of many pupils and staff members. Making sure that staff and children were provided with the emotional and educational support needed to bring them back to the everyday routines, disciplines and concentrations of school life was an essential but critical use of the school’s resources and time. It was unfortunate that the School, like St Andrew’s Church, was without a Vicar during this challenging period. Tim Seago was a much loved member of the School community, providing spiritual and pastoral support to our pupils, staff, parents and visitors. He is greatly missed still and all at the School look forward to welcoming our next Vicar when they arrive.
Nevertheless, the school community rose to the task of the post-pandemic recovery excellently, and despite the added challenges of a new national curriculum to implement, and the arrival of an Ofsted inspector in March 2022 for the School’s periodic inspection! The School maintained its “Good” Ofsted classification, with the inspector commenting that "St Andrew’s is a lovely school with a lovely atmosphere, everyone here talked about the St Andrew's way, with the village feel of it, and this doesn't come about by accident." Pupils “love learning”, the report added, and “come to school every morning happy and eager to learn”, thanks in no small measure to team of “kind and nurturing” teachers, who “love to work in this School”. The exemplary behaviour of pupils was noted as a particular strength of the School. And reflecting the School’s inclusive, Christian ethos, the inspectors also noted that “pupils with special educational needs and/or disabilities have equal access to the full curriculum and work alongside their peers; they are well supported in their learning”.
Using monies raised from parents and contributors in the Totteridge community, along with a Diocesan grant, the School benefitted from a long-overdue refurbishment of its playground in the summer. £265,000 was invested in replacement drains, a new playing surface, environmentally friendly security fencing, new classroom windows, new games markings and retractable awnings for all the classrooms. Staff, pupils, as well as our many local young footballers and bicycle riders, have been delighted with the much improved space!
Looking forward, we are delighted that PCC Members Caroline Haines and Alex Wishart will be joining the Board of Governors in March 2023. In addition to the skills and wisdom they will bring to the collective work of the Governing Body, they will also help to continue the School’s valued links with the Church and the PCC.
7
## **Social Committee**
Following Tim Seago’s departure the Social Committee, along with other members of the Church, has worked hard this year to ensure that the congregation stays together and remains in good spirits. We put on all our usual events, the Harvest and Christmas lunch and the quiz evening. We also celebrated the Queen’s Platinum Jubilee with a tea party which involved lots of flag waving and singing with Franklyn at the piano, keeping us all in tune. We also catered a Civic Service, to celebrate Alison Cornelius’ year as Mayor of Barnet (which had been postponed due to Covid). Most events had a super raffle organised by our ‘raffle queen’ Maureen Yates. Altogether these events raised £3,600 for the church.
Our biggest success has been the Wednesday Coffee Morning which we started to encourage people to get out and about after Covid. We have between 20 and 30 people every week many of whom are regular attendees, and several live outside the parish. They are mainly ladies, but we do have some gentlemen, including our indispensable Bob Bourton who regularly puts up the tables and chairs at the start and helps clear up afterwards. We charge a £1 for coffee and biscuits, celebrate birthdays with cake, serve pancakes, hot cross buns or whatever is relevant at the time.
For the Ash Wednesday service, we joined St Andrew’s school in church before our coffee get together. Margaret Peart also organised a fish and chip lunch at South Herts Golf Club with guests going on to lunch from the coffee morning.
After covering our expenses, the money raised goes to help Jonathan Daniels buy plants etc. for the garden. His hard work is greatly admired by all visitors to the Parish Hall. Any money over goes back to the church.
The Social Committee work well together and really enjoys putting on events. It is hard work but worth it to see everyone enjoying themselves. Thank you all for your support. We look forward to seeing you at the Coronation Tea Party on Monday May 8[th]
## _The Social Committee:_
_Claire Bannister; Nonie Bourton; Pat Dunton; Caroline Haines; Dixie Locke; Heather Pepe; Janet Topping; Barbara Wishart; Maureen Yates._
## **Stewardship Report**
In the calendar year of 2022 our regular giving has fallen. Whilst this can be partly explained by some regular parishioners moving away and others having sadly died, it remains a matter of concern that we are not keeping up with other churches in terms of regular donations and giving.
Whilst we are very conscious of the economic pressures everyone is under at the moment, we do urge you all, if you are able, to reconsider the amount you are able to give on a regular basis and encourage those new to our parish and congregation to commit themselves to regular planned giving. If this happens we will not only be able to continue the necessary work we do but also expand our support to mission partners.
8
## **FINANCIAL REVIEW**
The breakdown of our 2022 income and expenditure is shown below. **INCOME** Planned Giving Open Plate Gift Aid LBB Churchyard Grant Fundraising / Magazine/ Miscellaneous Investment Income Fees Parish Hall Lettings d> Donations & Legacies ad Mobile Phone Mast **£220,382**
**----- Start of picture text -----**
EXPENDITURE
Parish Office
Parish Share
Parish Hall
ee
Clergy
Churchyard
Church Running & Maintenance
**----- End of picture text -----**
**----- Start of picture text -----**
Parish Share
Clergy
£135,052
**----- End of picture text -----**
Planned giving income was down some 15% on 2021. Income from Parish Hall lettings was up considerably, which is encouraging, however repair and maintenance costs were also substantial. The mobile phone installation is a significant source of guaranteed income.
9
In 2022 we received a large legacy addition to our unrestricted funds. In line with our reserves policy, a substantial fraction of this was invested in our holding of CCLA Church of England Income Fund shares, to boost our regular income. The remainder was placed on deposit to pay for major organ refurbishment work and flat roof repairs to the Hall, scheduled to take place in early 2023.
PCC decided that the 2022 Parish Share payment be made on the basis that expenditure should match income, when exceptional items are taken out (i.e. the legacy donation and the organ repair). This allowed for a Parish Share payment of £41,000, which is 75.6% of the £54,196 requested by the Diocese. (Our Parish Share is now calculated on the basis that St Andrews will be a half-time post).
## **Reserves Policy**
Certain sources of income, notably legacies and donations, are not, by their nature, predictable and so reserves are necessary to allow the PCC to continue its work should these sources fall significantly. It is the policy of the PCC that, generally and in most years, fixed overheads are intended to be met out of ordinary income. Extraordinary income is to be used to accumulate reserves and to fund special projects as determined from time to time expressly by the PCC.
It is the Trustees’ intention to review both the reserves policy and levels of unrestricted reserves on an annual basis.
10
## **Independent Examiner’s Report**
to the members/trustees of St Andrew's Church, Totteridge, Parochial Church Council
I report on the accounts for the year ended 31st December 2022 which are set out on pages 12 to 18.
## **Respective responsibilities of the Trustees and Independent Examiner**
The charity’s trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.
It is my responsibility to
- Examine the accounts under section 145 of the 2011 Act;
- Follow the procedures laid down in the General Directions given by the Charity Commissioners section 145(5)(b) of the 2011 Act; and
- State whether particular matters have come to my attention.
## **Basis of Independent Examiner’s Statement**
My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the management committee concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in a full audit, and consequently I do not express an audit opinion on the accounts.
## **Independent Examiner's Statement**
In connection with my examination, no matters have come to my attention
- (1) which give me reasonable cause to believe that in any material respect the requirements • to keep accounting records in accordance with s.130 of the 2011 Act; or • to prepare accounts which accord with these accounting records have not been met;
or
- (2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Pat Greene 6 West Hill Way Totteridge London, N20 8QP
Date: 16 April 2023
11
**The Parochial Church Council of St Andrew, Totteridge Statement of Financial Activities**
## **for the year ending 31 December 2022**
|Note
INCOMING RESOURCES
Voluntary income
2(a)
Activities for generating funds
2(b)
Income from investments
2(c)
Church activities
2(d)
TOTAL INCOMING RESOURCES
RESOURCES EXPENDED
Church activities
3(a)
Cost of generating voluntary income
3(b)
Governance costs
3(c)
TOTAL RESOURCES EXPENDED
NET INCOMING (OUTGOING) RESOURCES BEFORE
TRANSFERS
GROSS TRANSFERS BETWEEN FUNDS
NET INCOMING (OUTGOING) RESOURCES BEFORE
OTHER RECOGNISED GAINS AND LOSSES
OTHER RECOGNISED GAINS
Gains (losses) on investment assets
7(a)
NET MOVEMENT IN FUNDS
Balances b/fwd 1 January 2022
Balances c/fwd 31 December 2022|Unrestricted
funds
Restricted
funds
Endowment
fund
Total
2022
Total
2021
£
£
£
£
£
155,278
250
4,800
160,328
177,815
5,217
-
-
5,217
2,073
4,038
198
1,427
5,663
4,041
49,174
-
-
49,174
29,219
**213,707**
**448**
**6,227**
**220,382**
**213,148**
128,666
198
6,222
135,086
190,255
-
-
-
-
-
-
-
-
-
-
**128,666**
**198**
**6,222**
**135,086**
**190,255**
85,041
250
5
85,296
22,893
-
-
-
-
-
85,041
250
5
85,296
22,893
(16,203)
-
(6,365)
(22,568)
23,371
68,838
250
(6,360)
62,728
46,264
146,761
30,492
60,621
237,874
191,610
**215,599**
**30,742**
**54,261**
**300,602**
**237,874**|
|---|---|
12
**The Parochial Church Council of St Andrew, Totteridge Balance Sheet**
## **at 31 December 2022**
Approved by the Parochial Church Council on 14 March 2023 and signed on its behalf by:
Richard Peart (PCC Chairman)
Alex Wishart (Treasurer)
The notes on pages 14 to 18 form part of these accounts.
13
**The Parochial Church Council of St Andrew, Totteridge**
## **NOTES TO THE FINANCIAL STATEMENTS**
for year ended 31 December 2022
## **1. ACCOUNTING POLICIES**
## **Basis of financial statements**
The financial statements have been prepared under the Church Accounting Regulations 2006 in accordance with applicable accounting standards and the current Statement of Recommended Practice Accounting and Reporting by Charities (SORP 2005).
The financial statements have been prepared under the historical cost convention except for investment assets, which are shown at market value. The financial statements include all transactions, assets and liabilities for which the PCC is responsible in law. They do not include the accounts of church groups that owe their affiliation to another body, nor those that are informal gatherings of church members.
## **Fund accounting**
Endowment funds are funds, the capital of which must be retained either permanently or at the PCC’s discretion; the income derived from the endowment is to be used either as restricted or unrestricted income funds depending upon the purpose for which the endowment was established in the first place.
Restricted funds comprise (a) income from endowments which is to be expended only on the restricted purposes intended by the donor and (b) revenue donations or grants for a specific PCC activity intended by the donor. Where these funds have unspent balances, interest on their pooled investment is apportioned to the individual funds on an average balance basis.
Unrestricted funds are income funds which are to be spent on the PCC’s general purposes.
## **Incoming resources**
Planned giving, collections and similar donations are recognised when received. Tax refunds are recognised when the incoming resource to which they relate is received. Grants and legacies are accounted for when the PCC is entitled to the use of the resources, their ultimate receipt is considered reasonably certain and the amounts due are reliably quantifiable. Dividends are accounted for when declared receivable, interest as and when accrued by the payer. All incoming resources are accounted for gross.
## **Resources expended**
Grants and donations are accounted for when paid over, or when awarded, if that award creates a binding or constructive obligation on the PCC. The diocesan parish share expected to be paid over is accounted for when due.
All other expenditure is generally recognised when it is incurred and is accounted for gross.
14
**Fixed Assets**
Consecrated and benefice property is not included in the accounts in accordance with s.10(2)(a) and (c) of the Charities Act 2011.
Movable church furnishings held by the vicar and churchwardens on special trust for the PCC and which require a faculty for disposal are inalienable property, listed in the church’s inventory, which can be inspected (at any reasonable time). For anything acquired prior to 2000 there is insufficient cost information available and therefore such assets are not valued in the financial statements. Subsequently no individual item has cost more than £1,000 so all such expenditure has been written off when incurred.
The PCC estimates that the Parish Hall cost about £50,000 to construct; the building has been fully depreciated. Individual items of equipment with a purchase price of £500 or less are written off when the asset is acquired.
A new Church heating system, compliant with the Diocesan heating standards, was installed at the end of 2016 at a cost of £32,230. This is being depreciated over 15 years.
Investments are valued at market value at 31 December.
## **2. INCOMING RESOURCES**
|**2. INCOMING RESOURCES**
**2(a)Voluntary income**
Planned giving: Gift Aid donations
Collections: (open plate)
Tax recoverable
Grants: Barnet Council (churchyard)
Donations, appeals, etc.
Legacies
**2(b) Activities for generating funds**
Parish Magazine (advertising and sales)
Fund raising
**2(c) Income from investments**
Dividends on CBF Investment Fund
Bank and CBF Deposit Fund interest
**2(d) Income from church activities**
Fees for weddings and funerals
Parish Hall lettings - local community use
NetOne mobile phone installation
Miscellaneous
**Total incoming resources**|Unrestricted
funds
Restricted
funds
Endowment
fund
2022
2021
£
£
£
£
£
35,382
250
-
35,632
41,454
4,487
-
-
4,487
4,358
10,283
-
-
10,283
16,877
2,748
-
-
2,748
2,572
2,378
-
4,800
7,178
112,554
100,000
-
-
100,000
-|
|---|---|
||155,278
250
4,800
160,328
177,815|
||1,651
-
-
1,651
351
3,566
-
-
3,566
1,722|
||5,217
-
-
5,217
2,073|
||3,877
-
1,427
5,304
2,607
161
198
-
359
1,434|
||4,038
198
1,427
5,663
4,041|
||2,498
-
-
2,498
3,280
16,470
-
-
16,470
1,878
25,642
-
-
25,642
20,547
4,564
-
-
4,564
3,514|
||49,174
-
-
49,174
29,219|
|||
||**213,707**
**448**
**6,227**
**220,382**
**213,148**|
15
## **3. RESOURCES EXPENDED**
|**3(a) Church activities**
Missionary and charitable giving
Ministry: Diocesan parish share
Other ministry costs
Church running and maintenance
Major repairs - structural renewal
Sunday School
Churchyard upkeep
Parish Hall running costs
Parish Office, including printing, stationery and magazine
**3(b) generation of voluntary income**
Stewardship costs
Costs of appeals
**3(c) Governance costs**
PCC members induction training
Independent examiner's remuneration
**Total resources expended**|Unrestricted
funds
Restricted
funds
Endowment
fund
2022
2021
£
£
£
£
£
-
-
-
-
-
41,000
-
-
41,000
58,000
2,611
-
-
2,611
2,394
44,965
-
-
44,965
16,187
-
-
-
-
84,606
-
34
-
34
7
2,583
164
6,222
8,969
6,867
12,897
-
-
12,897
5,151
24,610
-
-
24,610
17,043|
|---|---|
||128,666
198
6,222
135,086
190,255|
||-
-
-
-
-
-
-
-
-
-|
||-
-
-
-
-|
||-
-
-
-
-
-
-
-
-
-|
||**128,666**
**198**
**6,222**
**135,086**
**190,255**|
## **4 (a). STAFF COSTS**
The PCC uses the services of gardeners, organists, a cleaner and an office administrator, all selfemployed and part-time. Total remuneration paid to them in 2022 was £28,962
## **4 (b). PAYMENTS TO PCC MEMBERS**
No payments or expenses were paid to any PCC member, persons closely connected to them or related parties.
## **5. ANALYSIS OF TRANSFERS BETWEEN FUNDS**
Nil
## **6. FIXED ASSETS**
|**Cost**
Balance carried forward
**Depreciation**
Balance brought forward
Charge for the year
Balance at 31 December 2022
**Net book value at 31 December 2022**|Unrestricted
funds
Restricted
funds
Endowment
fund
2022
2021
£
£
£
£
£
32,230
-
-
32,230
32,230|
|---|---|
||12,894
-
-
12,894
10,745
2,147
-
-
2,147
2,149|
||15,041
-
-
15,041
12,894|
||17,189
-
-
17,189
19,336|
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## **7. CURRENT ASSETS**
|**7(a) Investments**
Market value at 1 January 2022
Disposal
Purchases at cost
Net gains (losses)
Market value 31 December 2022
**7(b) Debtors**
Tax recoverable
Prepayments and accrued interest
Other debtors|Unrestricted
funds
Restricted
funds
Endowment
fund
2022
2021
£
£
£
£
£
122,751
-
54,300
177,051
83,680
-
-
-
-
-
60,000
-
-
60,000
70,000
(16,203)
-
(6,365)
(22,568)
23,371|
|---|---|
||166,548
-
47,935
214,483
177,051|
||576
-
-
576
1,675
-
-
-
-
-
5,955
-
-
5,955
3,533|
||**6,531**
**-**
**-**
**6,531**
**5,208**|
## **8. LIABILITIES**
|Amounts falling due in one year
Accruals for utility and other costs
Other creditors
Parish Share
Amounts falling due after more than one year
Other creditors|Unrestricted
funds
Restricted
funds
Endowment
fund
2022
2021
£
£
£
£
£
900
-
-
900
650
13,662
-
-
13,662
12,393
-
-
-
-
10,000|
|---|---|
||**14,562**
**-**
**-**
**14,562**
**23,043**|
||**-**
**-**
**-**
**-**
**-**|
||**-**
**-**
**-**
**-**
**-**|
Amounts falling due after more than one year Other creditors
## **9. FUNDS**
|Fund movements
Balance at 1 January 2022
Incoming resources
Resources expended
Balance at 31 December 2022|**Collins**
**Fabric**
**Emond**
**Total**
25,000
492
5,000
30,492
164
250
34
448
(164)
-
(34)
(198)|
|---|---|
||25,000
742
5,000
30,742|
## **10. QUINQUENNIAL INSPECTION**
The next quinquennial inspection will be in 2024. .
## **11. INSURANCE**
The church buildings and contents are insured with a loss limit of £5,910,000 through a Diocesan group scheme. The parish hall and contents are insured with a loss limit of £2,960,000.
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## **12. INVESTMENT POLICY**
The 8,067 Income shares in the CCLA CBF Church of England Investment Fund are held as a long term investment. The unit price can rise or fall depending on stock market conditions, and the investment policy of the manager of the funds.
## **13. CHURCHYARD**
The London Borough of Barnet made a payment of £2,433 for maintenance of the upper churchyard and the war memorial.
## **14. CHARITABLE SUPPORT**
Dedicated collections and events organised by support groups raised funds for and made the following contributions to Charitable organisations:
|Earl Haig Fund Poppy appeal|£323|
|---|---|
|Bishop’s Harvest appeal|£200|
|Ukraine appeal|£286|
## **15. OTHER COMMITMENTS**
None
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