| Background | |||
|---|---|---|---|
| Membership and Organisation |
|||
| Membership | 4, | ||
| The Parochial Church | Council | ||
| Committees | |||
| Professional Advisors |
and Services | ||
| Electoral Roll, Sidesmen | and | Registers | |
| Electoral Roll &Church Attendance | |||
| Sidesmen | |||
| Servers | |||
| Music and Special Services | |||
| Mission and Local Outreach | 10 | ||
| School Chaplaincy | 10 | ||
| The StMarylebone | CE | School | 10 |
| The StMarylebone | CE | Bridge School (SMBS) | 12 |
| Other schools | 13 | ||
| Parish Church Activities | 13 | ||
| Children's &Families' |
Work | 13 | |
| Music for the Moment | 14 | ||
| Adult Groups | 14 | ||
| Priest Pastor | 15 | ||
| Sew Social | 15 | ||
| Kagera (Tanzania) | 15 | ||
| Wholeness and Healing |
15 | ||
| Pastoral outreach | 16 | ||
| Diocesan Conference | 16 | ||
| Funerals | 16 | ||
| Preachments | 16 | ||
| Songs from the heart | 16 |
| Honorary Assistant |
Priest | ||
|---|---|---|---|
| StMarylebone Changing Lives Project |
|||
| Development/Fundraising | l7 | ||
| Activity and | Heritage | 19 | |
| The StMarylebone | Healing &Counselling | Centre (HCC) | 24 |
| The StMarylebone | CESchools | 26 | |
| The StMarylebone CESchool |
26 | ||
| The StMarylebone CEBridge (Special) School |
28 | ||
| Staffing | 29 | ||
| Risk Management | |||
| Safeguarding | 29 | ||
| Mission Action Plan | and Vision 2030 | 29 | |
| Finandal Review | 30 | ||
| Independent Auditor's Report |
33 | ||
| Financial Statements | 37 |
| Name, Office Held | A pointing Office | Term ofOffice | |
|---|---|---|---|
| The Revd Canon Dr Stephen | The Crown as Patron | ||
| Evans | |||
| Rector ofSt Marylebone | ioith | Exofficio | |
| Hoh Trinit, StMai lebone |
|||
| The Revd Ste hen Hearn | |||
| Assistant Curate of |
The Rector | Exofficio from 1"September | |
| StMarylebonewith Holy |
Trinity, St | 2022 | |
| Marylebone, Chaplain |
|||
| The Revd Katy Hacker | Hughes | The Rector | Exofficio from 1September |
| Assistant Curate of |
2019 | ||
| StMarylebonewith Hohy |
Trinity, St | ||
| Man lebone, Priest Pastor |
| The Revd Canon Robert Title | The Revd Canon Robert Title | The Revd Canon Robert Title | |||
|---|---|---|---|---|---|
| Honorary Assistant |
Priest | The Rector | Exofficio from 2~ February | ||
| 2023 | |||||
| Emeka Onah | |||||
| Crown Warden |
The Crown on the advice | Exofficio | |||
| ofthe Rector | |||||
| Brenda Elise Ormerod | |||||
| Churchroarden | Vestr | Exofficio until Vestr | 2024 | ||
| Hon. PCC Secretary | PCC | Exofficio until PCC | 2024 | ||
| Deanery Synod Representative | 1 | APCM | Until 2026 | ||
| Frances Endres | |||||
| Churchwarden | Vestr | Exofficio until Vestr | 2024 | ||
| Andrew Hine |
|||||
| Crown Sidesman | The Crown on the advice | Exofficio from 30a April 2019 | |||
| ofthe Rector | |||||
| Thomas Moore | APCM | ||||
| Deanery Synod Representative | 2 | APCM | Ex ofhcio until 2026 | ||
| Ro er Lee | APCM | ||||
| Deanend Synod Representative | 3 | APCM | Exofficio until 2026 | ||
| Ann Marie Johnson | |||||
| Deanen Sr nod Re resentative |
4 | APCM | Exofficio until 2026 | ||
| Rachel Tustin | APCM | ||||
| Deane Ss nod Re resentative |
5 | APCM | Exofficio to 2026 | ||
| Treasurer | PCC | Vacant | |||
| Ro Bennett |
APCM | Until APCM 2026 | |||
| Matthew Piper |
APCM | Until APCM 2025 | |||
| Elyas Chowdry | APCM | Until APCM 2026 | |||
| David flason) Lewis | APCM | Until APCM 2026 | |||
| Ferdinand Achom |
APCM | Until APCM 2024 | |||
| Anna Kazmierczak | (Tate) | APCM | ntil APCM 2026 |
| Unrestricted | Restricted | Total | Total | ||||
|---|---|---|---|---|---|---|---|
| Notes | Funds | Funds | 2023 | 2022 | |||
| restated | |||||||
| 6 | |||||||
| Income fmm | |||||||
| Donations | 355,664 | .931,024 | 1,286,688 | 3,553,487 | |||
| Other Income | 452,689 | 60 | 452,749 | 479,911 | |||
| Investment Income |
124,527 | 124,527 | 71,159 | ||||
| Total income | 932880 | 931,084 | 1,863,964 | 4,104457 | |||
| Expenditure on: |
|||||||
| Fund raising costs | 1,133 | 1,133 | 56 | ||||
| Charitable activities |
2,913,887 | 532,134 | 3,446,021 | 6,507,685 | |||
| TOTAL EXPENDITURE | 2,915,020 | 532,134 | 3,447,154 | 6,507,/41 | |||
| Net (expenditure)/income | before | ||||||
| investment gains/(losses) |
(1,982,140) | 398,950 | (1,583,190) | (2,403,184) | |||
| Unrealised losses on |
investments | (61,045) | (61,045) | (528,584) | |||
| Realised gains on investments | 280,487 | 280,487 | |||||
| Net gains on investments | 10 | 2I9,442 | 219,442 | (528,584) | |||
| Net (expenditure)/income | (1,762,698) | 398,950 | (1,363,'/48) | (2,931,768) | |||
| Transfer between funds | 14,921 | (14,921) | |||||
| Net movement in funds |
(1,747,777) | 384/I29 | (1,363,748) | (2,931,768) | |||
| Total Funds brought | forward | 13 | 8&1,687 | 38,977 | 8,590,664 | 11,522,432 | |
| Total Funds carried | forward | 13 | 6/I03,910 | 423,006 | '7,226,916 | 8,590,664 |
| Notes | 2022 mstated | ||||
|---|---|---|---|---|---|
| 6 | |||||
| FIXEDASSETS: | |||||
| Investments | 10 | 947,866 | 4,917,430 | ||
| 947,866 | 4,917,430 | ||||
| CURRENT ASSETS: | |||||
| Debtors | 11 | 382,855 | 570,435 | ||
| Cash atbank and in hand | 7,123,083 | 3,231,029 | |||
| 7~,938 | 3,801,464 | ||||
| CREDITORS: Amounts | falling due | ||||
| within one year | 12 | 1,2262t88 | 128,230 | ||
| NET CURRENT ASSETS | 6,279,050 | 3,673,234 | |||
| TOTAL ASSETSLESS | |||||
| CURRENT UABILITIES | 7,226,916 | 8,590,664 | |||
| FUNDS: | |||||
| Unrestricted Income Funds |
|||||
| General Fund | 13 | 6,803,910 | 8,551,687 | ||
| 6,803,910 | 8,551,687 | ||||
| Restricted Income Funds | 423,006 | 38,977 | |||
| 7,226,916 | 8,590,664 |
| 2022 | ||||||
|---|---|---|---|---|---|---|
| 6 | ||||||
| Net expenditure for the year ss |
per the SOFA | (1,363,748) | (2,931,768) | |||
| Adjustments for: |
||||||
| Investment income |
(124,527) | (71,159) | ||||
| (Gain)/loss on fair value adjustments | on fixed asset investments | (219,442) | 528,584 | |||
| Decrease in debtors | 187,580 | 257.213 | ||||
| increase in creditors | 1,098,658 | 84,975 | ||||
| Net cash used in operating activities | (421,479) | (2,132,155) | ||||
| Cash Bows fmm investing | achvities | |||||
| Disposal offixed asset investments | 4,189g06 | |||||
| Interest received | 74,159 | 20,791 | ||||
| Dividends received |
50,368 | 50,368 | ||||
| Net cash pmvided by investing |
activities | 4,313,533 | 71,159 | |||
| Change in cash and cash equivalents | during | |||||
| the reporfing period | (2,060,996) | |||||
| Cash and cash equivalents | at the | beginning | of | |||
| the reporting period |
3,231,029 | 5,292,025 | ||||
| Cash snd cash equivalents | at the | end | of | |||
| the reporting period | 7,123,083 | 3&1,029 | ||||
| Analysis ofcash and cash | equivalents | |||||
| Cash atbank and in hand | 7,123,083 | 3,231,029 | ||||
| Total cash and cash equivalents | 7,123,083 | 3,231.029 |
| INCOME | ||||||||
|---|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | |||||
| Notes | Fund f |
Fund f |
2023 ' f |
2022f | ||||
| Donations | and Grants | |||||||
| Stewardship | planned | giving | 68,831 | 21,000 | 89,831 | 123,577 | ||
| Income tax | recoverable | 20,294 | 5,250 | 25444 | 26,255 | |||
| Collections | and other donations | 70,090 | 226,750 | 296,759 | 52,098 | |||
| Grants and | legacies | 13,578 | 101,200 | 114,778 | 42,668 | |||
| Counselling | donations | 182,952 | 50,000 | 232,952 | 127,028 | |||
| Changing Lives and crypt |
526,824 | 526,824 | 3,181,861 | |||||
| 355,664 | 931,024 | 1,286,6S8 | 3,553,487 | |||||
| Other Income | ||||||||
| CD and card sales | 11,958 | 11,958 | 11,555 | |||||
| Festival revenue | 60 | 60 | 2,103 | |||||
| Claims and | other income | 67,759 | 67,759 | 138,139 | ||||
| License fee | income | 270,768 | 270,768 | 233,907 | ||||
| Church lettings | 72,166 | 72,166 | 59,561 | |||||
| Car park income | 30,038 | 30,038 | 34,646 | |||||
| 452,689 | 60 | 452,749 | 479,911 | |||||
| Investment | Income | |||||||
| Interest receivable on short | ||||||||
| term deposits | 74,159 | 74,159 | 20,791 | |||||
| Dividends | 50,368 | 50,368 | 50,368 | |||||
| 124,527 | 124327 | 71,159 | ||||||
| TOTAL INCOME | 922,631 | 931,084 | 1,853,715 | 4,104,557 | ||||
| 4. | LICENSE FEEINCOME | |||||||
| 2023 | 2022 | |||||||
| f | f | |||||||
| Marylebone | Health Centre | 231,907 | 219,907 | |||||
| Royal Academy ofMusic | 38,861 | 14,000 | ||||||
| 270,768 | 233,907 | |||||||
| 5. | FUND RAISING COSTS | |||||||
| Unrestricted | Restricted | Total | Total | |||||
| Fund | Fund | 2023 | 2022 | |||||
| 5 | f | f | ||||||
| Advertising | 1,133 | 1,133 | 56 |
| CHARITABLE A | CT | IV | ITIES | ||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||||
| Notes | Fund | Fund | 2023 | 2022 | |||
| 6 | 6 | 6 | |||||
| Buildings and Crypt | |||||||
| Changing Lives |
direct | costs | 235,057 | 526,884 | 761,941 | 4,616,198 | |
| Changing Lives |
other | expenses | 1,368,870 | 1,368,870 | 594,012 | ||
| 1,603,927 | 526,884 | 2,130,811 | 5,210,210 | ||||
| Directly relating | to | Parish | |||||
| Church Activities | |||||||
| Diocesan Common | Fund | 157,550 | 157.550 | 166,940 | |||
| Curate housing | and | other costs | 55,954 | 250 | 56204 | 63830 | |
| Sacristy expenses | 1,913 | 1,913 | 6,572 | ||||
| Repairs and maintenance | 212,505 | 5,000 | 217,505 | 227,803 | |||
| 427,922 | 5,250 | 433,172 | 465,)45 | ||||
| Other Activities | |||||||
| Choir and musie | costs | 102,914 | 102,914 | 108,374 | |||
| Church management | and | ||||||
| administration | 779,124 | 779,124 | 723,956 | ||||
| TOTAL | 2,913,887 | 532,134 | 3,446,021 | 6,507,685 | |||
| ANALYSIS OF CHURCH MANAGEMENT | AND ADMINISTRATION | ||||||
| Unrestricted | Restricted | Total | Total | ||||
| Notes | Fund | Fund | 2023 | 2022 | |||
| 6 | |||||||
| Church management | and | ||||||
| administration | |||||||
| Staff costs | 393,122 | 393,122 | 357,106 | ||||
| Counselling services |
199,385 | 199,385 | 168,085 | ||||
| Offfce expenses | 52,840 | 52,840 | 87,090 | ||||
| Utilities and services | 2,797 | 2,797 | 31,455 | ||||
| Insurance | 18,442 | 18,442 | 17,409 | ||||
| Audit fee | 13,464 | 13,464 | 11,119 | ||||
| Professional fees |
79,221 | 79,221 | 3,972 | ||||
| Bank charges | 1,826 | 1,826 | 1,770 | ||||
| Bad debts | 18,027 | 18,027 | 45,950 | ||||
| TOTAL | 779,124 | 779,124 | 723,956 |
| STAFF COSTS | ||
|---|---|---|
| 2023 | 2022 | |
| 6 | ||
| Salaries and wages | 340,937 | 307,259 |
| Social security costs | 23,901 | 23,490 |
| Pension costs | 26,589 | 22,260 |
| Selfemployed | 962 | 1,080 |
| Recruitment and training |
733 | 3,017 |
| 393,i22 | 357,106 |
| Average | number of | full-lime | equivalent | persons employed | during the year | ||
|---|---|---|---|---|---|---|---|
| 2023 | 2022 | ||||||
| Number | Number | ||||||
| Changing | Lives | ||||||
| Church activities | |||||||
| Buildings | and crypt | ||||||
| Church management | and administration | ||||||
| i3 |
| At | Disposals | Change in | At | ||
|---|---|---|---|---|---|
| IJanuary | Fair Value | 31December | |||
| 2023 | 2023 | ||||
| f | E | ||||
| Listed | investments | 4,917,430 | (4,189,006) | 219,442 | 947,866 |
| 4,917,430 | (4,189,006) | 219,442 | 947,866 |
| 11, | DEBTORS | |||
|---|---|---|---|---|
| 2023 | 2022 | |||
| 6 | 6 | |||
| Other debtors | 324,262 | 101,415 | ||
| Prepayments | and accrued income | 58,593 | 469,020 | |
| 382,855 | 570,435 | |||
| 12. | CREDITORS: AMOUNTS FALUNG DUE WITHIN ONE YEAR | |||
| 2023 | 2022 | |||
| Sundry creditms | 29,041 | 50,284 | ||
| Accruals and | deferred income | 1,197,847 | 77,946 | |
| 1,226,888 | 128,230 |
| At 31Decem | ber 2023 | |||||
|---|---|---|---|---|---|---|
| Investments | Current | Cash at | Current | Total | ||
| assets | bank | liabilities | ||||
| 6 | 6 | 6 | ||||
| Unrestricted | funds | 947,866 | 382,855 | 6,700,077 | (1,226,888) | 6,803,910 |
| Restricted funds | 423,006 | 423,006 | ||||
| 947,866 | 382855 | 7,123,083 | (1,226,888) | 7,216,916 | ||
| At31December 2022 | ||||||
| Investments | Current | Cash at | Current | Total | ||
| assets | bank | liabilities | restated | |||
| 6 | 6 | |||||
| Unrestricted | funds | 4,917,430 | 570,435 | 3,192,052 | (128,230) | 8,551,687 |
| Restricted funds | 38,977 | 38,977 | ||||
| 4,917,430 | 570,435 | 3,231,029 | (128,230) | 8,590,664 |
| Balance at | Income | Expenditure | Transfers | Revaluation | Balance | ||
|---|---|---|---|---|---|---|---|
| 1.1.23 | gains | at | |||||
| 31.12.23 | |||||||
| Unrestricted funds |
|||||||
| General fund | 8451,687 | 932,880 | (2,915,020) | 14,921 | 219,442 | 6,803,910 | |
| Restricted funds | |||||||
| Changing Lives |
526,884 | (526,884) | |||||
| Jennifer Sterling Bequest | 38,977 | 1,200 | (250) | 39,927 | |||
| Thomas Moore | Gift | 18,750 | (5,000) | 13,750 | |||
| Stonework Fund | 226,750 | 226,750 | |||||
| Church Garden | Fund | 100,000 | IDD,DDD | ||||
| StMarylebone | HCC Fund | 50,000 | (I4,921) | 35,079 | |||
| Organ Fund | 7,500 | 7,500 | |||||
| 38,977 | . 93),084 | (532,134) | 423,006 | ||||
| Balance at | Income | Expenditure | Transfers | Revaluation | Balance | ||
| 1.1.22 | losses | at | |||||
| restated | 31.12.22 | ||||||
| restated | |||||||
| 6 | |||||||
| Unrestricted funds |
|||||||
| General fund | 11397,232 | 906,816 | (3,323,777) | (528,584) | 8,551,687 | ||
| Restricted funds | |||||||
| Changing Lives |
3,183,964 | (3,183,964) | |||||
| Jennifer Sterling | Bequest | 25,200 | 13,777 | 38,977 | |||
| 25,200 | 3,197,741 | (3,183,964) | 38,977 |
| Unrestricted | Restricted | Total | ||
|---|---|---|---|---|
| Funds | Funds | 2022 | ||
| restated | restated | restated | ||
| 8 | ||||
| Income fmm: | ||||
| Donations | 369,523 | 3,183,964 | 3,553,487 | |
| Other Income | 13&,020 | 13,777 | 151,797 | |
| Other Activities | 328,114 | 328,114 | ||
| Investment Income |
71,159 | 71,159 | ||
| Total income | 906416 | 3,197,741 | 4,10A557 | |
| Expenditure on: |
||||
| Raising funds | 56 | 56 | ||
| Charitable activitien |
3,323,721 | 3,183,964 | 6,507,685 | |
| TOTAI. EXPENDITURE | 3Q23,777 | 3,183,964 | 6407,741 | |
| Net (expenditure)/income | ||||
| before investment | losses | (2,416,961) | 13,777 | (2,403,184) |
| Unrealised losses on |
||||
| revaluation ofinvestments |
(528,584) | (528,584) | ||
| Net (expenditure)/income | (4945445) | 13,777 | (2,93'4768) | |
| Transfer between funds | ||||
| Net movement in funds |
(4945,545) | 13,777 | (2,931,768) | |
| Total Funds brought | forward | 11,497,232 | 25,200 | 11,522,432 |
| Total Funds carried | forward | 845L687 | 38,97/ | 8J90,664 |