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2022-12-31-accounts

CHRIST CHURCH BARNET ANNUAL REPORT FOR THE YEAR ENDED 31 DECEMBER 2022

Aim and purpose

Christ Church Barnet Parochial Church Council (PCC) has responsibility for cooperating with the incumbent in ‘promoting the ecclesiastical parish and the whole mission of the church, pastoral, evangelistic, social and ecumenical’ . Andy Rimmer began his ministry here at Christ Church in September 2017 and has continued to lead the church in a period of continued growth. James Herring (Associate Minister), Julian Desborough (LLM) and Carol Betts (LLM) continue to assist. The Core Leadership Team comprises, James Herring, Ken Morton (Warden), Tanuja Nicholls (Warden), Mary Rimmer, Julian Desborough and Carol Betts. Revd. Ivy Crawford leads communion twice monthly at the 9am services. Our staff Ministry team include Julie Lewis (Children & Families’ Worker) and Pipe Figueroa (Youth Worker). In addition to this we have had the joy of two placement students from Oak Hill College and London School of Theology.

Objectives and activities

The PCC is committed to enabling as many people as possible to become part of the worshipping community at Christ Church. The council continues to develop the strategy behind the vision statement ‘The Transformation of Barnet and Beyond with the Love of Jesus One Life at a Time’ .

When planning our activities for the year, the incumbent and the PCC consider the Charity Commission’s guidance on public benefit and, the specific guidance on charities for the advancement of religion.

We try to enable ordinary people to live out their faith as part of our parish community through:

To promote these activities, it is important that we maintain the fabric and improve the facilities of the church and of the linked Pennefather Hall, which is owned by a separate charitable trust. The Open Door Centre (next door to the church), owned by a further charitable trust, shares the same mission statement and provides further opportunities to reach the wider community.

Areas of Ministry (Achievements and performance)

Worship and Evangelism

Our services and worship put faith into practice through prayer, scripture and music and seek to involve the many groups that live in the parish, hence a range of worship services are offered that are both beneficial and spiritually fulfilling to the congregation and the wider community. Volunteers form an informal worship band at the 10.45am service led by James Herring. Recorded music is mainly used at other services.

Our normal Sunday schedule is designed to accommodate for the differing needs of the parish community (which reflect the diverse range of people and ages), by offering a traditional 9am Common Worship service (with Communion twice a month), a contemporary 10.45am service (with Communion once a month and which includes full children’s and youth work). In addition, we hold an informal worship space for an hour on Sunday evenings ‘Worship At The Well’.

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The main opportunity for most of the church to come together is during refreshments between the 9am and 10.45am services. In terms of attendance: 65-80 adults normally attend at 9am; 80-120 adults and 35-60 children/youth are present at 10.45am; 20-30 attend the evening Worship At the Well service.

There are 290 people on the Church Electoral roll, 197 of whom are not resident in the parish.

It was wonderful to resume the consistency of two morning services in 2022 following the pandemic; these are both live streamed and maintain approximately 100 regular online views.

We have held special services including Mothering Sunday, Father’s Day, Harvest and Remembrance Sunday. Christmas services took the shape of a Christingle Service and a Carol service, All Age Nativity, Christmas Eve Midnight Service and an All Age Celebration on Christmas Day. We also held a family Walkabout Nativity on Barnet High Street and Carols in the Park attended by 150-200 of the local community.

We have held several celebration and thanksgiving services for key milestones including one baptism, two weddings and one funeral. An annual service of remembrance and thanksgiving was held in church for those members of the church and community who had died in the past year and in previous years.

We opened the church for prayer, reflection and thanksgiving following the death of Queen Elizabeth II and also held a Service of Thanksgiving Service for her life.

Pastoral Care, Prayer and Discipleship

Prayer is an important feature in our Connect Groups, our Leadership Meetings and every event that takes place at Christ Church. We are always looking for ways in which we can encourage people in their own prayer lives and widen our corporate prayer coverage to encompass the whole life of the church in a deeper way.

Other Activities

Throughout 2022 regular events took place in the church or hall, or online, during the week and on Sundays. For example:

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The halls are let and used by the community for various activities including children’s parties, training events, baby, toddler and children’s groups, U3A classes, National Childbirth Trust, Barnet Society, Barnet History Society and a baby sensory group. A pre-school uses part of the Pennefather Hall every day of the week during term time.

Ian Gray was employed as Premises Manager until November when he handed his notice in, we are incredibly grateful for his service to Christ Church over many years. We have revised the role and job description and a new Premises Manager will come on board in 2023. We continue to employ Ildi Esze as Cleaner, Pat Blyth as the Parish Administrator and Jo Penn as Operations Manager. We continue to be incredibly blessed by the many volunteers who give of their time and skills for the life of the church.

Our website is visited regularly, and we use ChurchSuite as the main information platform for church members, providing automated updates of church events and rotas, and managing regular email updates including encouragement from the Vicar. Groups throughout the church also use social media sites to communicate with one another and the community. The church has dedicated Facebook and Instagram accounts. Communication with the congregation also continues by more traditional methods such as a monthly notice sheet and notices at Sunday services. Our Data Protection and Privacy Policy is in place and up to date.

Compassion Ministry

£1,840 was spent during the year on our Compassion Ministry leaving a balance of £3,504 to carry forward as at 31 December 2022.The Compassion fund continues to support those who are struggling under normal circumstances, and also as a direct result of the pandemic and as a result of post pandemic issues. The Food Bank continues to provide a muchneeded service to people in crisis in Chipping Barnet and the adjacent area, with regular food donations from members of the congregation and from local schools and other agencies. Volunteers prepare the bags and sort and distribute food. We are also a corporate member of the Chipping Barnet Trussell Trust foodbank, and several church members volunteer at this food bank.

The Barnet CAP Debt Centre is based at CCB in partnership with the Stable and St James Church New Barnet. In 2022 we employed Beth Raynor as Debt Coach to work alongside Karen Hedges as Debt Centre Manager. The service continues to be well utilised serving those seeking financial support in the local community. We also support ‘Renew’, a project launched by Kay Gray (a member of the congregation) providing furniture and household goods to those being rehoused following homelessness, domestic violence, or being in care.

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This project has now officially moved under the CCB umbrella. We supported the HAB/joint churches Winter Shelter in November by welcoming their guests in the church premises and providing dinner, overnight accommodation and breakfast. During the pandemic this was based at their centre in Golders Green so it was great to welcome them back into the building.

Mission

Supporting Mission means helping to equip others to reach people with the Good News of Jesus and we support people and organisations in the UK and overseas. 15% of our overall expenditure is given to mission and charitable causes. The main financial support (£16,510) is to the John family in Harpenden. Danny John runs ‘Care2Share’ which is connected with Churches in India. We also support Clive and Glenda McMinn at the Bettaway Community Church in Delft, Cape Town, South Africa and £6,581 was given during the year. We also support Paul Woodington and his family, former church members, working with Mission Aviation Fellowship in Papua New Guinea (£5,391), Message Trust and the work of Sola Ayodeji in Manchester (£3,154), and the Scutt family in Malawi (£3,904). Further amounts were given to other mission agencies and individuals during the year.

Children and Youth

An average of 50-60 children and young people regularly attend Church on Sunday mornings, with age-appropriate groups for 0-16s. Rainbows and Brownies continue to meet.

Our ministry extends to Christ Church Primary school and other local schools, and we have provided online and in person assemblies. Julie Lewis & Pipe Figueroa have worked hard to enable the youth and children’s ministry to continue effectively & flourish with the support of a team of volunteers.

Barnet Deanery Report

Barnet Deanery was formed on the joining together of West Barnet Deanery and Central Barnet Deanery into the one combined Deanery, meeting every 4 months. Deanery Synod is a level of church governance, providing a forum for sharing and working together for the well-being of all the parishes therein. Specific key note topics over the last year have been the cost of living crisis, mission and racial Justice, Ukrainian refugees, actions which have been taken by the new administration in the Barnet Council and a discussion about how churches can support and engage with recruitment and support of foster carers.

Ecumenical relationships

The church is a member of Churches Together for Chipping Barnet. Two members of Christ Church serve as trustees of Barnet Churches Action, a charity set up by Churches Together to run Hope Corner Community Centre, the primary ecumenical outreach project on the Dollis Valley Estate and Underhill Ward. Members of the church also support the work of Barnet Community Projects, which operates out of the Rainbow Centre on the estate.

Buildings

2022 has seen redecorative work in the Pennefather Hall, especially in the PreSchool Nursery rooms and the outside freezer store. The Roberts Room was also fully decorated, including the addition of secondary glazing to the high-level windows and replacement radiators and covers.

Financial review

Total receipts amounted to £415,807 of which £256,082 was received through the planned giving scheme and £49,745 was tax recovered under Gift Aid. Total expenditure amounted to £338,514 including £86,500 as our contribution to the diocesan parish share. We made grants for mission and charitable causes including CCB related activities (e.g. CAP, Foodbank) of £55,169 which amounts to 15% of total expenditure. The net result is that income exceeded expenditure for the year by £76,708 (£43,750 of this is restricted as one

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off donations to the Building Repair Fund for reordering). There are reserves at the end of the year of £213,854 of which £94,774 is on general fund, £48,997 on designated funds and £70,083 on restricted funds.

Reserves policy

In line with Charity Commission guidance it is the policy of the PCC to maintain, if possible, a balance on its unrestricted funds which equates to at least three months unrestricted payments. The balance at 31 December 2022 of £94,774 represents about three and a half months.

Volunteers

Volunteers play significant roles in all the varied activities in which we are involved, both on our premises and in the community, the financial value of this cannot be quantified. 2022 saw many challenges in terms of volunteers, since we lost a few during the pandemic and these have not returned for various reasons.

Structure, governance and management

The PCC is a body corporate (PCC Powers Measure 1956, Church Representation Rules 2006) and, from 6 May 2009, is a charity registered with the Charity Commission under charity registration number 1129436. Registration is in the name of The Parochial Church Council of the Ecclesiastical Parish of Christ Church South Mimms.

The method of appointment of PCC members is set out in the Church Representation Rules. Membership of the PCC consists of our clergy and churchwardens, 8 PCC members (it carried 4 vacancies) and 3 deanery synod members who are elected by those members of the congregation who are on the electoral role of the church. Lay Ministers are included as well. 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. We aim that PCC members will have differing abilities and interests and level of expertise so that it may function more effectively. New members have some induction and are made aware of their responsibilities. Training is encouraged where it is considered beneficial.

The full PCC met 6 times during the year, and the APCM was held in person and online in March 2022.

The PCC was assisted by the Buildings and Business Team (BBT) and the Mission Committee. A Buildings’ Vision group also provided input into long-term strategy for the buildings. Apart from BBT, which reports all its business directly to PCC, these committees are informal but are responsible to the PCC and provide recommendations accordingly. The chairperson of the John Trotter Trust, Andy Wright, also reports to the PCC on a regular basis.

The BBT has reviewed the major risks to which the PCC and the church are exposed and is ensuring that systems are established to mitigate those risks. Insurance policies are in place to cover appropriate risks to church buildings, employees of the PCC and public liability and these were reviewed. Health and safety issues have been discussed and updated during the year and are monitored on a regular basis. Our safeguarding policy is in place and is reviewed annually and there are procedures laid down that must be followed to obtain the necessary disclosure for those people working with young children and vulnerable adults. Liz Seaton was appointed by the PCC as our Safeguarding Officer until March 2022. We are very thankful for her expertise and input into the area of Safeguarding over many years. Anna Coles took over the role of Safeguarding Officer in March 2022 and reports to the PCC on a regular basis. Stuart Nicholls is our Children’s Champion. The PCC confirms that it has complied with the duty under section 5 of the Safeguarding and Clergy Discipline Measure 2016 (duty to have regard to House of Bishops’ guidance on safeguarding children and vulnerable adults).

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The Mission Committee is led by Revd. Andy Rimmer. It focuses on the missionaries and organisations that we support, working to keep mission a key part of our Christ Church identity. The members include a church rep. for each mission partner.

Administrative information

Christ Church Barnet is part of the Diocese of London within the Church of England. The correspondence address is the Church Office, St Albans Road, Barnet, Herts. EN5 4LA. Day to day management is carried out by the Operations Manager, Administrator & Premises Manager all of whom are responsible to the incumbent and the PCC.

The names and addresses of the principal advisors to the PCC are as follows: Bankers – Barclays Bank PLC, 1 Churchill Place, London, E14 5HP Architect - Mr. Mark Eddison, MEB Design Ltd, Clerkenwell House, London EC1R 0EB Independent examiner – David Smith & Co, 7 Grosvenor Gardens, London SW1W 0AF

The PCC members who have served from 1 January 2022 until the date this report was approved, except as stated, are:

Incumbent: Revd. Andy Rimmer
Lay Ministers:
 Julian Desborough
Carol Betts
Co-opted members:
Lay Associate Minister. James Herring
Wardens: Ken Morton
Tanuja Nicholls
Deanery synod: Steve Bull
Julian Desborough
Graham Thomas
Elected members:
 Funmi Ayodeji
Alexandra Canagalla
Peter Christensen
Mali Firoozian
Antony Mak Fan
Ges Molina
Kristan Payne
Katy Rawlings (to 2022 APCM, completed term of office)
Jackie Rice (to 2022 APCM, completed term of office)
Stefan Stolarski (to 2022 APCM, completed term of office)
Beth Vargeson
Sarah Wade
Jack Watts
Secretary: Kristan Payne

Approved by the PCC on 14[th] March 2023 and signed on its behalf by:

Revd. Andy Rimmer

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CHRIST CHURCH BARNET PAROCHIAL CHURCH COUNCIL STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2022

Note
Income
Voluntary income
1a
Income from
investments
1b
Income from
church activities
1c
Other income
1d
Total income
Expenditure
Church activities
2a
Total expenditure
Net income before investment (loss)
gain
Net (loss) gain on
investments
- unrealised
Net movement in funds
Total funds brought
forward
at 1 January 2022
Total funds carried
forward
at 31 December 2022		 Unrestricted
Restricted
Total
funds
Total
funds
funds
funds
2022
2021
341,811
70,942
412,753
332,299
1,828
1,828
146
1,226
1,226
846
0
0
6,679
344,865
70,942
415,807
339,970
309,344
29,170
338,514
350,731
309,344
29,170
338,514
350,731
35,521
41,772
77,293
(10,761)
(585)
(585)
622
34,936
41,772
76,708
(10,139)
108,835
28,311
137,146
147,285
143,771
70,083
213,854
137,146

The attached notes form part of these accounts.

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CHRIST CHURCH BARNET PAROCHIAL CHURCH COUNCIL BALANCE SHEET AT 31 DECEMBER 2022

BALANCE SHEET AT 31 DECEMBER 2022
Note
Fixed assets
Tangible assets
6a
Investments
6b
Current assets
Debtors
7
Short term deposits
Cash at bank and in hand
Liabilities: amounts falling
due
within one year
8
Net current assets
Net assets
Parish funds:
Unrestricted;
General
9a
Designated
9b
Restricted
10		 2022
15,421
188,914
20,250		 2022
0
4,380		 2021
20,420
97,220
23,361		 2021
0
4,965
4,380
209,474		 4,965
132,181
224,585
15,111		 141,001
8,820
213,854 137,146
94,774
48,997		 92,627
16,208
143,771
70,083		 108,835
28,311
213,854 137,146

Approved by the Parochial Church Council on 14 March 2023 and signed on its behalf by:

Revd Andy Rimmer (Chair)

Mr Ges Molina (Hon Treasurer)

The attached notes form part of these accounts.

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CHRIST CHURCH BARNET PAROCHIAL CHURCH COUNCIL ACCOUNTING POLICIES FOR THE YEAR ENDED 31 DECEMBER 2022

Basis of preparation

The financial statements have been prepared under the Charities Act 2011 and in accordance with the Church Accounting Regulations 2006 governing the individual accounts of PCC’s, and with the Regulations ‘true and fair view’ provisions, together with FRS102 (2016) as the applicable standards and the 2016 version of the Statement of Recommended Practice, Accounting and Reporting by Charities SORP (FRS102).

The accounts have been prepared under the historical cost convention except for the valuation of investment assets, which are shown at fair value.

The PCC is a public benefit entity within the meaning of FRS 102.

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 main affiliation to another body nor those that are informal gatherings of church members.

Fund accounting

The general fund represents the unrestricted fund, which is available for use at the discretion of the PCC members in furtherance of the general objectives of the church, and which has not been designated for any other particular purpose.

Designated funds comprise unrestricted funds that have been set aside by PCC members for a particular purpose.

Restricted funds represent funds which are to be used in accordance with specific instructions imposed by the donors or which have been raised by the church for particular purposes.

Income

All income is recognised once the PCC has entitlement to the income, it is probable the income will be received and the amount of income receivable can be measured reliably.

Planned giving, collections and donations are recognised when received. Tax recoverable on gift aid donations is recognised when the income to which they relate is received. Legacies are accounted when the PCC is entitled to the use of the resources, their ultimate receipt is considered reasonably certain and the amounts are readily quantifiable. Dividends and interest are accounted for when received.

In accordance with the Charities SORP (FRS 102) donated services and the time spent by volunteers, of which the church is heavily dependent in order to achieve its aims, are not included in income as the economic benefit cannot be measured reliably.

Expenditure

Expenditure is recognised once there is a legal or constructive obligation to make payment to a third party, it is probable that settlement will be required and the amount of the obligation can be measured reliably.

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All expenditure is accounted for on an accruals basis. All expenses including support costs and governance costs are allocated to the applicable expenditure headings. Support costs are those costs incurred directly in support of expenditure on the objects of the church. Governance costs are those costs incurred in connection with the independent examination of the statutory financial statements and the cost of any legal advice to PCC members on governance or constitutional matters.

Fixed assets

Consecrated and beneficed property is not included in the accounts in accordance with s.10(2)(a) and (c) of the Charities Act 2011.

Moveable 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. All expenditure incurred during the year to renew, improve or add to them is written off as an expense.

Office equipment used within church premises is depreciated on a straight-line basis over 4 years. Individual items of equipment with a purchase price of £1,000 or less are written off when the asset is acquired.

Investments are valued at market value at 31 December.

Debtors

Other debtors and prepayments are included in the accounts at the amount owing to the PCC at the balance sheet or expenditure that has been prepaid as at that date.

Cash at bank

Cash at bank includes cash held on short term deposit with the CBF Church of England funds.

Creditors and provisions

Creditors and provisions are recognised at their settlement amount where the church has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably.

Financial instruments

The church only has financial assets and liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value.

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CHRIST CHURCH BARNET PAROCHIAL CHURCH COUNCIL NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2022

Income
1a) Voluntary income
Planned giving
Under gift aid
Not under gift aid
Tax recoverable
Website and contactless giving
Loose cash offerings at services
Mission gift days and special offerings
Other donations and sundry income
Grant from LDF
Income of church organisations
1b) Income from investments
Interest
Dividends
1c) Income from church activities
Fees
1d) Other income
HMRC furlough repayments
Total income		 Unrestricted
Restricted
funds
funds
206,505
49,577
49,745
20,009
4,671
4,028
11,304
58,812
5,317
2,785		 Total
funds
Total
funds
2022
2021
206,505
182,222
49,577
47,562
49,745
47,734
20,009
9,962
4,671
9,790
4,028
1,610
70,116
31,817
5,317
2,785
1,602
341,811
70,942		 412,753
332,299
1,698
130
1,828
1,226
0
344,865
70,942		 1,698
20
130
126
1,828
146
1,226
846
0
6,679
415,807
339,970

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CHRIST CHURCH BARNET PAROCHIAL CHURCH COUNCIL

NOTES TO THE ACCOUNTS (continued) FOR THE YEAR ENDED 31 DECEMBER 2022

NOTES TO THE ACCOUNTS (continued)
FOR THE YEAR ENDED 31 DECEMBER
2022
Expenditure
2a) Church activities
Mission causes, charities and Christian
workers
Compassion and discretionary fund grants
Bursary grants
Foodbank
Christians Against Poverty
Diocesan parish share
Associate minister
Youth worker - paid to Latin Link
Children and families worker
Vicar's working expenses
Accommodation costs
Church running expenses
Church repairs and maintenance
Church and hall major repair works
Services, events and outreach
Expenditure of church organisations
Youth work
School governors
Training
Parish administrators
Employers national insurance and pensions
Premises manager
Office administration
Equipment replacement and maintenance
IT costs
Miscellaneous
Governance cost:
Independent examiner's fee		 Unrestricted
Restricted
Total
funds
Total
funds
funds
funds
2022
2021
34,367
3,521
37,888
40,219
1,050
1,840
2,890
3,418
500
500
0
2,428
2,428
4,276
14,853
14,853
5,387
86,500
86,500
86,500
30,764
30,764
29,671
31,429
31,429
27,759
17,781
17,781
15,041
1,436
1,436
1,223
898
898
2,836
7,437
7,437
7,200
6,375
6,375
6,204
8,504
5,317
13,821
39,267
8,018
8,018
7,389
1,211
1,211
1,902
4,195
4,195
2,034
2,500
2,500
2,500
1,111
1,111
1,068
40,275
40,275
39,949
5,508
5,508
5,283
11,924
11,924
12,424
4,965
4,965
4,146
533
533
1,271
2,333
2,333
2,853
341
341
311
600
600
600
309,344
29,170
338,514
**350,731 **

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CHRIST CHURCH BARNET PAROCHIAL CHURCH COUNCIL

NOTES TO THE ACCOUNTS (continued)

FOR THE YEAR ENDED 31 DECEMBER 2022

3. Analysis of expenditure on charitable activities

Ministry
Support
costs
costs
Mission causes, charities and Christian workers
38,388
Compassion and discretionary fund grants
2,890
Foodbank and Christians Against Poverty
17,281
Diocesan parish share
86,500
Staff costs
127,612
10,069
Clergy expenses and training
2,547
Accommodation costs
898
Church running expenses
7,437
Church repairs and maintenance
6,375
Church and hall major works
13,821
Services, events and outreach
8,018
Expenditure of church organisations
1,211
Youth work
4,195
School governors
2,500
Office administration and sundry costs
4,065
1,241
Equipment replacement and maintenance
533
IT costs
1,750
583
Governance cost:
Independent examiner's fee
600
326,021
12,493
4. Grants
Grants from unrestricted and restricted funds in excess of £2,000 were:
Delft, South Africa / McMinns family
Johns family
Message Trust / Sola
Mission Aviation Fellowship / Woodington family
Scutt family
Samara Aid
5. Staff costs
Salaries
Social security costs
Pension costs		 Ministry
Support
costs
costs
38,388
2,890
17,281
86,500
127,612
10,069
2,547
898
7,437
6,375
13,821
8,018
1,211
4,195
2,500
4,065
1,241
533
1,750
583
600		 Total
Total
2022
2021
38,388
40,219
2,890
3,418
17,281
9,663
86,500
86,500
137,681
130,127
2,547
2,291
898
2,836
7,437
7,200
6,375
6,204
13,821
39,268
8,018
7,388
1,211
1,902
4,195
2,034
2,500
2,500
5,306
4,457
533
1,271
2,333
2,853
600
600
326,021
12,493		 338,514
350,731
2022
2021
6,581
5,915
16,510
16,900
3,154
3,304
5,391
5,388
3,904
3,679
4,208
111,305
97,085
3,233
3,306
2,275
1,977
116,813
102,368

In addition, the youth worker is paid through Latin Link, the amount in the year being £31,429 (2021 : £27,759). The average number of employees for the year on a full-time basis was 1 (2021 : 1) and 6 (2021 : 4 ) on a part-time basis.

There were no other payments to any other PCC member or persons closely connected with them.

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CHRIST CHURCH BARNET PAROCHIAL CHURCH COUNCIL

NOTES TO THE ACCOUNTS (continued) FOR THE YEAR ENDED 31 DECEMBER 2022

6. Fixed assets

6a) Tangible assets

Cost: 1 January 2022 and 31 December 2022
Depreciation : 1 January 2022 and 31 December 2022
Net book value:
31 December 2022
31 December 2021
6b) Investments
212 shares in CBF Church of England Investment Fund at market value
- historical cost £106.
7. Debtors
Tax recoverable
Other debtors
Prepayments
8. Liabilities: amounts falling due within one year
Accruals and deferred income
Other creditors
9a) General fund
Balance at 1 January 2022
Net movement in unrestricted funds for the year
Transfer to designated funds (net)
Balance at 31 December 2022
9b) Designated funds		 10,996
10,996
0
0
2022
2021
12,053
15,040
530
1,138
2,838
4,242
15,421
20,420
2,621
3,610
12,490
5,210
15,111
8,820
92,627
34,936
127,563
(32,789)
94,774

The following designated funds have been set aside out of unrestricted funds by the PCC for specific purposes:

Building repair fund - for major works
Vicarage interior decorations
Mission fund
Christians Against Poverty
Evangelism / outreach fund
Bursary
IT upgrade
Legacy		 At 01/01/22
Incoming
Resources
At
31/12/22
transfers
expended
/ income
226
28,000
(8,504)
19,722
3,792
3,792
1
6,319
(1,576)
4,744
9,050
9,050
2,000
2,000
2,269
(500)
1,769
2,920
2,920
5,000
5,000
16,208
43,369
(10,580)
**48,997 **

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CHRIST CHURCH BARNET PAROCHIAL CHURCH COUNCIL NOTES TO THE ACCOUNTS (continued) FOR THE YEAR ENDED 31 DECEMBER 2022

10. Restricted funds

The funds of the PCC include restricted funds comprising the following balances of donations to be applied for specific purposes:

Building repair fund - for major works
Building repair fund - for reordering
Bursary fund
Legacy
Seniors' pastor fund
Youth work
Compassion fund
Foodbank
Christians Against Poverty
Funds of church organisations
Renew
Mission and other causes		 At 01/01/22
Incoming
Resources
At
31/12/22
resources
expended
5,317
(5,317)
43,750
43,750
2,343
2,343
1,666
1,666
1,525
1,525
1,501
666
2,167
4,295
1,049
(1,840)
3,504
1,844
4,443
(2,428)
3,859
11,544
8,612
(14,853)
5,303
3,593
2,785
(1,211)
5,167
292
292
4,028
(3,521)
507
28,311
70,942
(29,170)
70,083

11. Analysis of net assets by fund

Fixed assets
Current assets
Current liabilities		 Unrestricted
Restricted
funds
funds
Total
4,380
4,380
151,525
72,530
224,055
(12,134)
(2,447)
(14,581)
143,771
70,083
213,854

12. Related party transactions

The PCC members are considered the key management personnel of the church. No remuneration is paid directly to key management personnel, although the church contributes to the diocesan fund and the incumbent, who has overall responsibility for promoting the whole mission of the church, is remunerated directly by the diocese.

Income from planned giving includes £50,164 received from PCC members.

13. Trustees of Pennefather Hall

The trustees of the Pennefather Hall own the Pennefather Hall and the property at 8 Wentworth Road which is the residence of the associate minister of Christ Church.

The trustees of the Pennefather Hall bear the costs of the running expenses of the hall, including minor repairs, and receive income from lettings. Any deficit is funded by the PCC. The buildings insurance of 8 Wentworth Road is also borne by the trustees of the Pennefather Hall and a charge is made to the PCC to cover this.

15

INDEPENDENT EXAMINER’S REPORT TO THE MEMBERS OF CHRIST CHURCH BARNET PAROCHIAL CHURCH COUNCIL

I report to the charity trustees on my examination of the accounts of the charity for the year ended 31 December 2022, which are set out on pages 7 to 15.

Responsibilities and basis of report

As the charity’s trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).

I report in respect of my examination of the charity’s accounts carried out under section 145 of the Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiner’s statement

Since the charity’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the Act. I confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales, which is one of the listed bodies.

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

  1. accounting records were not kept in respect of the charity as required by section 130 of the Act; or

  2. the accounts do not accord with those records; or

  3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair view’ which is not a matter considered as part of an independent examination.

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

DAVID C SMITH

CHARTERED ACCOUNTANT

7 Grosvenor Gardens LONDON SW1W 0AF

14 March 2023

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