st EALING ANNUAL REPORT & ACCOUNTS 1 January-31 December 2023 Parish Office, St. John's Church, Mattock Lane, West Eallng, London, W13 9LA St. John with St. James PCC, West Ealing, Registered Charity Number 1130295. ST. JOHN WITH ST. JAMES WEST EALING Annual Report and Accounts of the Parochial Church Council For the year ended 31 December 2023 Table of Contents Trustees Report Independent Examiner's Report 10 Statement of Financial Activities 11 Balance Sheet 12 Notes to Financial Statements 13 ST. JOHN WITH ST. JAMES WEST EALING Annual Report and Accounts of the Parochlal Church Council For the year ended 31 December 2023 Tlie Parocliial Cliurcli Council (The PCCI present their report wlh the financial slalemen15 of the charity lor th8 year ended 31 De￿mber 2023. The financial statetnent5 have be()n propared under Ihe Chur¢l) Accounting Regulalltsns 2006 in ac¢ordance with appllcable aG¢ounling standards and the cu￿nt Slalemenl of Recommended Pr8cli(x, Accountlng and Reportlng by Charili88 and applieable accounling slandaid FRSI02. Aims and purposos The PCC of Sl. John with Sl. James Wesl Ealing has the responsibility of co-operating with the Incumbent, Rev Sam Sanya, Vicar. in promoting in the ecclesiastical parish the whole mission of the Church.. pastoral, evangelistic, social and ecumenical. 11 alsc> has maintenance responsibilities for the church building of Sl. John's, as well as other chur¢h properlles. Objectives and activities The PCC members and trustees recognise their responsibililies towards public benefit under the requirements of Ihe Charities Act 2011. The PCC remains commilled lo enabling as many people as possible lo worship with us and to be¢ome parl ol our parish eommunily. When planning our activities for the year. we have considered the Charily Commission's guidance on public benefit and, in particular. the supplementary guidance on ¢harilies lor the advan¢emenl ol religion. We tiy lo enable ordinary people lo live out Iheir faith as parl of our parish community through.. Worship alld prayer.. learning about the gospel., and developlng kno￿edge and Ifust in Jesus. Provision of pastoral 8nd practical care for people living In the parish. Missionary and outreach work. To facililale this work we also maintain the labrlc of our church building. Achievements and porformance 2023 has been an amazlng year of signillcanl growth in the life of Sl John's. The church has seen a steady flow ol new people allend one off events and 5ervi¢&s as well as many who have joined and integrated into the Paiish. Two new stall Iyoulh and Children's Minister and our Sshh Curate} have contributed signilicanlly lo our outreach and discipleship lo young people and our music and worship. The church had social events Ilke a bbq and ran outreach events like the Alpha course whlch saw over 15 guests allend. Also during 2023 Sl John's registered as an eco church and gained silver award recognilion. ServSces The Par¢sh seeks ID offer a range ol services each week and over the COUTse of the year which OLJr communlly lind welcoming and spiritually fulfilling, During 2023 the following parochial congregations mel on a regular basis.. Sl John's al 10- our Sunday morning seivictr. offoring Communion, Morning Worship or All Age Service Calé Church - a SLJnday evening service of worship, 16a¢hing and discussion in an informal environment. providing a safe space for the whole communily. Sncludlng more vulnerable adults. Wednesday morning communion- with linked meetings lor further prayer, study and discussion as well as social galherings and aclivilies. Church attendance The average In-person allendallce for October 2023 was 196 including children and young people lacross the two Sunday services) and 31 lal the one regular weekday service). These data are recorded Sn the dlocesan return and, as there, duplicatèd allèndance is not counted. Sl. John's cont5nues lo liveslreamlvideo record the Sunday morning service at leasl once a month. ST. JOHN WITH ST. JAMES WEST EALING Annual Report and Accounts of the Parochial Church Council For the year ended 31 December 2023 Electoral Roll In line with Church of England policy, a new Electoral Roll was crtsaled from scratch in 2019 and ha5 been reviewed in preparation for each Annual Meeting. Al the April 2023 Annual Meeting the revised roll stood al 225. Use of facilities by other Gongregatlons As well as our parochial congregalbons, the Myanmar ChrSslian Fellowship and Living Water Arabic Church normally use the building on a weekly basis. Pastoral care Pastoral cafft provided by Clergy and laity was made available lo all the public of West Ealing, through prayer, exposition ol G(xl's word, practical expressions of the love of Jesus and the provision of the occasional offices (weddings, funerals, baplismsl. Practical and financial support for other organlsatlons Regular practical andlor fin8ncial suppoil was provided lo- Ealing Soup Kitchen Ealing Food Bank Ealing Soup Kitchen is run by a separate chaiily, Ealing Soup Kil¢hen, bul is hosted by the parish, using our buildiT)g on a regular Ilhrice weekly) basis, Al least every other month a commilled team fiorn wllhin the congregation slalfs the Ealing Soup Kitchen session as parl of our Servi￿ to the wider community. Further afield the PCC financially supporls the Diocese of London and eharilablelmis$ion work in the UK and overseas, including the work of relief agencies. Maintenance of the church building Sl John's church building is maintained to facililale ils use in support of the mlssion and ministry of the parish. Other than the inslallalion of some further security fencing there were no major works on the building itself In 2023. aller signili¢anl redecoration and relurbishmonl of the crypt, and th& Inslallalion of new Wesl End doors in recent ye8rs. The PCC is currently reviewing and priorilising plans for the next phase of work5 10 irnprove the bullding and facilities ol the church including updating the Carpel, lighting and sound systems within the main worship area. PCC meetlngs During 2023 the PCC mel tsn a regular basis lat least eveTy other monthl, moslly in person and occasionally online. 11 received regular reporls on finance, buildings and safeguarding, and additional rep()rls from various sources, including the Slandinu Committee, the Children, Youth and Families, Paslor. the World Outreach C0￿millee and from the Deanery Synod. We Gonlinue lo work closely with olher churches in Ealing, part￿ularlY Sl Paul's and Sl Mellilus,. Volunteers and donors The PCC 15 grateful lo all in the church who gave of their lime, talents and money lo assist with ils work during the y&ar As well as serving on the PCC, volunteers provide signifi'cant service in the areas of worship, children's work, hospilalily and events. pastoral support and finance. Plan5 for Future Perlods For the next 18 months our focus is to be a communily of people who., belong, serve and give learnlng from the early Church as se8T) in Acts 2'.42-47 and 4.'32-35. Belong,. We hope that we shall be an inlergenetalion#l and InleTGullural Church and by that welcome everyone whatever their story or backgTound. Serve.. Jesus was a servanl king and invites us 2$ his disciples lo be his body. We as such desire Ihal each mernber will humbly and gladly offer their gifts 8nd talents lo the benefit of the Parish. ST. JOHN WITH ST. JAMES WEST EALING Annual Report and Accounts of the Parochial Church Council For the year ended 31 December 2023 Give,. We would like ID develop a healthy culture where we all share in the financlal ¢onlribullons ol the Chuich. Giving isn't only for the rih bul is an act of worship for all as a response lo a generous God who gave us his very best. As such, we hope Ihal all that we do we lead us lo a season ol growth in our lailh, financially, in personnel and in numbers. Structure, governance and management The Parochial Church Council IPCCI is a corporate body eslabllshed by the Church of England. The PCC operates under the Parts¢hial Church Council Powers Measure. It is registered with the Charily Commission as The Parochial Church Council of The Ecclesiasllcal Parish of Saint John with Saint James, Wesl Ealing, Registered Charity Number 1130295. The method ol appointment of PCC members is sel out in the Church Representation Rules 2022 Edition. The PCC comprises up lo 15 elected members. Clergy, Churchwardens and Deanery Synod members are ex- officio on the PCC. Newly elected members of the Council are encouraged lo allend an induction course run by the London Diocese. The PCC meets al least six limes a year. A Standing Committee consisting of the In¢umbenl, two Churchwardens, Treasurer, Secretary and two mèmbers of the PCC (all elected by members ol the PCC) is appointed annually. The Slanding Committee is given delegated aulhoTily by the PCC lo Iransacl the buslness of the PCC between meelings subject lo the direGtK)ns given by the Council. Safeguarding The PCC has complied with the duly under section 5 of the Safeguarding and Clergy Discipline Measure 2016, in relation lo having due regard lo House of Bishops, guidance on safeguarding children and vulnerable adults. Rlsk Management The Iruslees recognise Ihal olleclive risk managemenl is essential in achieving the Charity's objectives. Risk management is considered as an integral element ol a51 decision mal(Ing, and the Iruslees pay allenliDn to reviewing and maintaining risk management procedures lo ensure risk levels are appropriat&. Parochial ChurGh Coun¢il 2023 The following people served as members of the PCC and Iruslees for the period 1 January 202310 31 December 2023 unless olheTwise nc>led. Parish Appointments Samuel Sanya (Vicar) Angelo Lebralo ICur8le. from 2 July) Jane Morrts IPTO Curate, until 31 July) Alan Reynolds IChurchw2rden until 21 May) Paul Salter Ichurchwardenl laln Tromans (Churchwarden, from 21 May) Mark Sheard (Licensed Lay Minister, member of A￿hb£shops. Councll, ex ofliciol Deanery Synod Members Deborah Gray luiilil 21 May) Paul Hagger lunlil 21 Mayl Catherine Patterson Iltnlil 21 May) Graham Worsfold Elected PCC Members Funmi Adejugbe Olori Maureen Brook Katherine Caslelino ST, JOHN WITH ST. JAMES WEST EALING Annual Report and Accounts of the Parochial Church Council For the year ended 31 December 2023 Isabel Glebocki (from 21 Mayl Deborah Gray (from 21 May) Paul Hagger Ifrom 21 May) Rhianna Lambrou Kaly Lawrence Oluloyin Pelers Alison Powell PCC Chair Samu&l Sanya PCC Lay Vlce Chalr Alan Reynolds lunlil 21 May) Paul Salter (from 21 May) PCC Treasurer Katherine Caslelino Eloctoral Roll Officer Alan Reynolds luntil 21 May) Oluloyin Peters (from 21 May) standing Commlttee Maureen Brook Katherine Caslelino Deborah Gray lunlil 21 May) Rhianna Lambrou lunlil 21 May) Alison Powell (from 21 May) Alan Reynolds lunlil 21 May) Samupl Sanya Paul Sallei lain Tromans (from 21 May) Jon Gulley was approved as PCC Secretary on 18 July 2023, bul is not a Trusteè. Administrative Information The Parish of Sl. John with Sl. James West Ealing is situated in the Wl 3 poslcode in the London Borough of Ealing. 11 has one building licensed for public worship, namely the Parish Church of Sl. John Ealing Dean (located on Mallock Lane). The parish is parl ol the Diocese ol London Ivvillesden Episcopal Areal within the Church of England. The corresponden¢e address is The Parish Ollice, Sl. John's Church, Mallock Lane, Wesl Ealing. London, W13 9LA. Bankers and Independent Examiner The Parish CAF bank accounts were used lor Sl John's during 2023. Deposits are also held with Virgin Money and Kingdom Bank. The Independent Exarniner 15.. Munday Long Associates Ltd, Chartered Certified Accountants. Alton House, 66168 High Street, Norlhwood, Middlesex, HA6 18L. Payroll Setvices are provided by.. Jacob, Cavenagh and Skeel, Chartered Accountants. 5 Robin Hood Lane, Sullon, Surrey, SM12SW. ST. JOHN WITH ST. JAMES WEST EALING Annual Report and Accounts of the Parochial Church Council For the year ended 31 December 2023 Flnancial Review This review is provided al the Parish level. Howevèr. as Sl James, church reverted lo the Diocese al the end of 2019, in pracllce all financials relate to Sl John's. All the figures in the review have been rounded lo the nearest £1000 and shown lo one declmal place in tables. Income and Expenditure The lolal income for the Parish of St John with Sl James in 2023 was £323,000. Increasel 2022 IDocreasel £OOD £000 In¢om8 2023 £000 Regular Donations and Collections One-off Donations Gift Aid reclalmed Donations and Collections IOT Other Charities (before related Gift Aid) Leltings and rènl Grants Other Sources 1819 fj6.3 39.1 169.4 15.3 36.4 13.5 10,91 {70.31 56.1 12.0 15.2 126,4 12.0 Total Incomg 323.2 369.2 146.01 Overall incorne has decreased £46,000 compared lo 2022. The m¥in reason for this is the drop in lellings income. In 2022 the church had incorne from hosting a Va¢¢ine cent￿ which did not continue into 2023. Meanwhlle in 2023 one ol ihe houses from which the church receives rental illcome was unlel for most DI the year due lo relurbishmenl. Giving income, which 15 the mainstay of the church's fiinding, has increased. The PCC is grateful lo all those who contribute financially lo the work of the parish, wilhoul whose gènerosity we would be unable lo serve the community of Wesl Ealing eflecllvely. Increasel 2022 IDecrea891 £000 £000 Expenditur9 2023 £000 Contribution to the Diocese Staffing and Admlnistralion R8gular Building Runningl Mainlenance Rental Property Costs Away Gimng Other Regular Costs Subtotal Major Prolect Costs 96.6 97.1 93.7 19.1 68.7 15.0 27.5 25.5 349.5 10.4 122.01 10.1 11.01 13.51 10.61 114.11 85.4 78.8 fj4,0 24.0 24.9 335.4 95.6 Expendllur9 aftgr Malor Projects 431.2 359.9 71.3 Before Major Project Costs, expenditure was £335,000 in 2023, a decrease of £14,000 comp8red lo the prior year. ST. JOHN WITH ST. JAMES WEST EALING Annual Report and Accounts of the Parochial Church Councll For the year ended 31 December 2023 Key areas of regular expenditure were.. £97,000 contribution lo the Diocese. This covers remuneration and housing for the Vicar along with a contribution lo central costs,. in both 2023 and 2022 il includes an addltlonal 10Q/o lo support other churches. £97,000 In staffing Costs and admlnlslralion Gosls. This is down si9nificar)Ily against 2022 due lo changes in staffing and reduced accommodation costs. £79.000 of regular building running and mainl8nan¢e costs. The Increase over 2022 is driven by some significant repair costs. £24,000 Away Giving.. the church gives away cash grants 01100/0 of the prior year's unreslricled Giving income, along with special collections made specifically for other charities Iwilh related Gift Aid). The details of grants made are sel out in the Annual Accounts. Additionally as described in the Achievements and Performance secllDn above. the church Slipporls the activities of other Christians anol community organisalions in the form ol free or signlflcanlly discounted space. The additional costs ol dDing so are reflècled in other cost categories eg. ulilily costs in regular buildirFg running and mainler)an¢e. In 2023 £96,000 wa5 spent on major projects. The majority of this spend relates lo the refurbishment of the house in 8runner Road (see Investment Properties below), the other elemenlg being security fencing and research for new lighting in the Ghurch. Before major project costs and revaluations there was a delicil of £12.000 whlch was in line with budget. After majoi project costs and revaluations the delicil was £53,000. Investment propertlgs The parish has interests in 2 properties which provide income to supporl our charitable aclivib'es. The parish owns a house in Brunner Road which ill recent years has been let commercia15y. In 2023 the PCG carried out an extensive refurbishment ol the properly and il is now occupied by the Youth and Children's Minister. The project incorporated a number ol changes lo upgrade health arid safely features in line with evolving commercial lelllng regulations and lo ensure beller environmental perloimance.11 iiicludèd rewiiing the entire propeily, a new boiler and radiators, remodelling of the space on the first floor, rttplacing bolh kitchen and bathroom, new Ilotsring and redecoration Ihroughtsul. Al the end of 2023 the value of the house was assessed by Gibbs Gillespie Eslale Agents at £700,000, an increase of £50,000 compared lo the valuation al the end 012022, The PCC has a 27197th share in a properly in Coldershaw Road. The proptsrly is being let commerclally. The properly was revalued by Glbbs Gillespie Eslale Agents lo £775,000 al Ihe end of 2023, compared lo £765,000 al the end of 2022. The Paiish share of this Investment is £216.000, an increase of £3,000 compared lo 2022 year end. Net Assets The nel impact of the year'5 delicil of £108.000 and properlyl Invesltllenl revaluations of £55,000 is to reduce total nel asselsl funds by £53,000 10 £1,139,000. £953,000 are in the form of fixed assets (properly, equipment and inveslmenlsl. £186,000 is in current assets ol whlch £17,000 is in reslricled funds. Looking forward The PCC has again budgeted for a small deli¢it in 2024, before any major project costs which would be drawn frorn reserves. The PCC'S pledge lo the Dic>¢ese for 2024 is f91,000, being the full amount lor owll cosis- the capacity for a further contribution lo olh8r parlshes will be reviewed as the year progrÈsses. ST. JOHN WITH ST. JAMES WEST EALING Annual Report and Accounts of the Parochial Church Council For the year ended 31 December 2023 Financial Management Policies The PCC policy is that all staff direclly employed by the Parish will be paid at least the London Living Wage. The PCC has taken all the necessary steps lo comply with the pensions regulations for ils staff. Re-enrolmenl was last carried out in 2022 and is scheduled again for 2025. The People's Pension has administered pensions for the employees al Sl John with Sl James since March 2016. The pensions are defined contribution pensions so they do not result in a long term pension liability for the parish. CAF Bank is used for day-to-day Iransaclions. The PCC also holds deposit accounts with Virgin Money and Kingdom Bank so th81 cash balances are spread and proleclèd under the FSCS scheme. Interest rates are reviewed periodically and changes lo deposit arrangements may be made lo ensure interest earned is as effective as possible while a150 taking into consideration risk and ethical choices in relation to investment of funds. Reserves Policy and Utilization The PCC reserves policy is to hold a balance of current unrestricted funds equivalent to al least three months of day to day running costs. Based on the budget for 2024 this would amount to £87,000. Al the end of 2023 there were £169.000 of unrestricted net current or liquid assets of which £4,000 were in designated funds. The PCC has a policy of pulling all unrestricted legacies and large donations lamounls over £15,000) to one side in designated funds lo be spent on significant building or ministryloutreach projects as determined by the PCC, rather than being ulilised for day lo day running costs. In 2023 the Brunner Road refurbishment costs were drawn against the Major Projects and Legacies Funds (both fully utilisedl. with the balance being drawn from the Major Donations fund along with the expenditure on fencing and lighting research. Prior year investments in Livestream and music equipment are also being depreciated through Ihe Major Donations fund, along with the remainder of depreciation on the lounge screen after utilising the balance of the Film Fund. In 2022 a new Other Charities fund was set up to manage specific collections at services for other charities so that related Gift Aid may be claimed and passed on with the donations. In 2023 specific collections were made for Tear Fund, The Children's Society and Open Doors. Where not a5ready paid out within 2023 the liabilities have been accrued In these accounts le.g. for Christmas service collections} and paid out in 2024. The Parish has an endowment fund which holds a historic bequest of shares in the Northfield Hall Trust Fund, worth £29,000 al the end of 2023. Under the terms of the original governing document, this could only be used for providing land and buildings. As St John's already has extensive space for all activities within the body of the church itself the PCC made an application in late 2021 to the Charity commission for a change of PUTpose. This application was granted in 2022 and the fund will now be managed in the same way as designated funds, available for use in major building projects. Funds held as custodian trustees on behalf of others The PCC does not act as a custodian trustee for the assets of any other charity. Approved by the PCC on 5 Aprll 2024 and signed on thelr behalf by Revd Samuel Sanya Vicar Katherine Castellno PCC Treasurer %-I'.,IC)IIN NVlI'lI ,s"r, JAMI,'S' WE4'r r,Ai.ING Iiiilei)cn(leiit F.l¢in)inc'i s RL'PI)rl ol. tlic PkifoLliiiil CliiirLh C".Iiiineil Fu I" tlie yeu8af I".(:CA I',oi' aiid oli bLhaif of Miinddy I,on&F Associules l.imited ChurlLrLd Cei'lificil ALcouiilai)Is Alioi) 14()usc 66168 1 liuh Sii'Lcl Noi'lhwDod Middlesex HA6 IBL Dale.. 5 April 2024 io STJOHN wrrH STJAPIES PAFiOCHIAL CHURCH COUNCIL STATEMENT OF FINANCIAL ACTIVITIES FOR THE YF_AR ENDING 31 DECEMBER2U23 U[￿O31￿cLed DEsS￿lEd lur Endowmani To￿1 2023 JTrd5 2022 IIiGomB Èndowmgni8'. 237,334.04 58,367.07 8,117.3e 3,2￿. 2,543.70 1.552.5tr 239,878.54 59,919.57 Y23.695.57 1nvè3tm8Th1 Inwmg Olhei irKome 20.567.98 12,OW.OD 15,290.00 TDl£lllnc￿Dll and gndowmonr$ 207,109.27 '.6,096.20 323,201A7 9.1￿.75 E%pèndlture: Asldng tundg Church 57.87 315,279.60 57.E7 3f.142.84 56.20 369,a5192 101,%69.05 14,693. rotalexpendllUIE 315.337.47 14.sg3.$9 369,908.12 tlTrcomobgloreg&loslllossftyJ In¥o$rrngnls 1,402.21 1107.9gS.01} 9.275 B4 Galns Illo$$eslan I￿￿&￿￿nt ￿￿*t> .OOD. 2,091.34 52.091.34 12,965.791 41.771.ao 1.4W.21 2,091.34 8,J09 05 TranElor¥ bfjlwo•n funds 4.5Q6.40 I4￿8￿.40) Otherr4wBn104d #alh9 Illts$$ès} 2.784.tr) 2.784. Netmovim8nt th lunds 49.14220 IYOS.7SS.4J) 1.402.21 2.091.34 Total lunts biough1fo￿ttrd I,U37,070.83 112.820.01 1*127.67 27,72&57 1,191rf46.80 1,202.83&03 TDthiiuIO5 C4frledlotward l.Q86,212.83 781.56 1&529.QQ 29.U19.91 STJOHN WITH STJAMES PAROCHIAL CHURCH COUNCIL BALANCE SHEET AT 91 DECEMBER 2023 Total 2023 To￿1 2022 Flxod ass•ts'. T£n￿ble assets Inve3knenl propèrty Inve%lments15h3res1 223.511.16 226.692.37 650,WO.00 27.728.57 29,819.91 9$3.￿￿.07 ,I20.94 G￿rrent ￿Se1$. Ofjbt(Y8 Cash at bank and in hand 49.8?5.t7 178,21&96 230.012.57 226.041.13 301,090.68 eiedrt￿1arnD￿n￿1al1[Thll due In yearl 42.045.02 13.084.74 NetcuttÈnt assets 185,998.11 288.025.94 Totsl net aS$Bts 1.139.327.18 1,192,446.88 F¥nds'. UnTeElricled (In￿￿dIn0 Oe5ignaledl R&slriGted End0￿￿8n1 1.092,977.39 16,529.8a 29,819.91 1,149,590.64 15,127 $7 27,728.57 1.13g,227.18 1.192,446.88 Approved byth8 Parochlal Church Council OD 5 Aprll 2024 and 6lgned oh bahawby.. Revd 3amud Sanyy Vlcar KJlherine Caslellno P¢C Treasurèr Th& no195 foll￿n9 thè b21aKe shgelloTm Partdll*se flnBneld slalamenL8. 12 STJOHN WTH STJANIES PAROCHKL CHUKCH COUNCIL NOTESTO THE FINANCIAL sfATEKIENTS FOR THE YEAR ENDINÈ 31 DECÈMBER 2023 I. ACCOUNTING POLICIES The aloiemBnlsollh¢¢horty. which Is a banBIS1 enlllyutpdèr FRS lQ2, h8v&been Prèpar￿1 U￿1p.r IIIBCliurp.h AccOun￿n5 Rtyjlat￿n3 2006 In accoldancèNv￿h c￿[114￿& SORP{FRS 1021'AccoUnlNW 2nd Repothng by ChB¥llles'. Stslemont ol ￿e4￿m￿nded Pr¥¢lk8 tochBdllo% prep2dniJ IhoiraccoVnl8lA ￿¢￿r￿￿T￿￿￿Ih Ihg Flnanclul PopotiiThJ SIHIW&Td ￿Pp￿Cable In Ihè UKand Repiiblic of1t818￿￿ IFRS 1021 leKècliwo 1 Janu 20191,. Reportlng 102 Th8 Fin3ncip1 Rpiinrtlno Standaro 8ppll¢Éblg In lh8 P¢publlc ol 8nd tha Ch3rillos Acl 2011.The nAndg15totemenl8 h8vB ￿8￿p[￿pai￿d tho historicalcost 9XCOPt Iorliivè$l￿enIéssel$ wlil¢h shown gl f&livaJu8. ThÈfè ara I(￿la1 UncertolThllgs abDuI Uteclibrfl￿s AbllllylD toniiThue. In th8 InanGia1518ièm8nls havel￿th pF¥pared conc¢rnbgsL8, Fund funds fi)r￿￿, eaplid 01￿1th musl ￿ ￿ta￿d ￿th￿r p*rm)n8nlty ￿ll1h? PCVB dts¢rttluK Ihe Iwa￿*ée￿¥ett Ir¢m Ihg endowfflentlg lo be USBd dlhèra$ wu￿￿91[1QI￿d Income lu￿560p8￿1￿g up￿7 Ihe pvriin%elorwhlGh th# ¢nckiMwentW85e8ithl$h$¢ kn tho Irsl pb¢9. ReslTKiÈdfunds£ornprise lallncoma Irom0TrdDV￿¥l)I$ whkh Is lo be eXW.NdÈd orlyon thefesirithd wrposos Mtendod byihb d[￿Orand Iblr8v8nUo on311ons OT grNn19 for a &pecific PCC8tJwiiylnletLdBd bythèdon¢r. Wh8rE Un5￿￿1 bÈlpncBs, 5ThtgFbslOn Ihelr pooled kNe3lmeftl1g lotho lundson anaveragg bal￿￿ besls. Unre$lrkleVftF1s accQunitsS lorvthen due. I T@c￿￿￿9edVIheThll 4ndlsiccounled lorgr08 Flx8d 3s*ets Consecrated land budd￿5 and rrLoveaWè ¢hur¢h luffllsNng$118vebg8n excluded liom Ih050fi￿nd&P st&iem8ni8 by￿￿￿e￿IseGl￿ Ioplafthe Chgrll￿$ Ae11011. Movéablè ¢liyr¢bluFnlshlng5 a￿l￿sla￿ ITh th8 GlIUich* (t8rtwI. can bB In5pedèd kn Ikè PaDsh Otfic4. Eq￿p￿O￿l￿ub & purrknso pllCèover£1,(￿ L* deprp.ddiod avfjr4 yeaFÉ Al 1510 rale01￿% ltre&ch olyh9 fv5t))ttVd ond iQ% kn the fjnolyeai. Ml •xpgndiur8 Incuffed kn the >fef un118ms olcapits1 èxpendllvro 01È1,fy)O or less IBvNKttn oll 9olncui{ed. STJOHN WITH STJAMES PAROCHIAL CHURCH COUNC NOYESTO THE FINANCIAL STATEMENrs FOR THE YEAR ENOING 31 DÉCEIIBER 2023 I INCOME AND ENDOWMENTS i)nr8stsk De4gro lun EDdowmgr lund& funds 2023 2022 Reoular9Mn9 17fj.500.00 5.037 15 530.00 177,03Q.O 5.877.15 1.5W.g 39.005.01 16.321.42 164.703.30 4.745.B3 2,466.01 36.405.37 16,275.05 Collè¢ihJns&nd donaliibnslor olh¢r¢horfl 1,590.98 402.74 20.1WJ 38.696.27 ￿6,￿fj.42 0llierd0t￿t1L￿S 237,334A4 2,543.70 339,878.5 223.59&S7 Weddlng lun8ral lees Inell ChlWr8n, Famlllaa & Yovihwoik COMMU￿lY Chur¢h ￿lIh￿[ Ntsn.Church IDllirbgB 127 co￿•r6h8W RnBd- ronl E￿ntiMcDM6 7g9ffj0 799.00 1.712.00 1.552.50 6.880.$0 26.291.S7 20.850.00 1.8J4. 820.00 1,552￿0 6.fj80.50 28,291 fj7 2o,BfJO.00 1,B34.00 5.S23.OD 81,È50.56 20,4￿.Q0 1.212.(H) 58.367.07 1,55?..50 59,919J7 111A5&13 Inve¥tmeMi¥'. 33 BnknheT RDad-r4nl Inleiasl ièG¢I¥¢ 2,110￿5 $.OOOhl 18,600.00 fj.967.96 6.LW.81 ,117.36 20,567.96 ot1￿rInc0￿e'. We8t E#llw TNsiOfDrtifor￿M￿rX￿llYmlnlSVY OkhEr￿M VAT rattlAhMd 12.000.00 12.000.OCI 3.DgO.00 210.00 12,000.00 3,OfjQ,00 210.00 1.585.10 3,200.00 12,000.th) 15,290.th) 13th5.10 rotellt)¢om• Qnd8ndowAt]8nls 307,109.27 18.096.20 323.245.47 369.1112.76 SY JOHNWITH $TJAMES PAROCHIAL CHUR¢H ¢OUNCIL OTES TO THE FINANCIAL STATEMEKT5 FOR YHEYFAR ENDING 31 0ECEMaER 2023 3. EXPENDITURE 0051gThg18d funds Entyfflonl T(I81 2023 TDLryl 2022 fl￿j3 fun0¥ of numb9￿0￿n￿91OW% 57.87 57.87 5Th7 57M7 56.20 Chureh Aetlv5biB'. Tuiil 30.915. IMOI.20 32,816.73 35,Y93.og DIoce￿O (ju￿8{0￿￿ co8￿} 87.7TS. 21.730.43 963.16 2.969.27 5.514.06 B7,775.1VJ 11,Sfj1.78 983.15 2.g69.27 5.514.06 2.536.14 1.453.1 2.954.09 2,293.51 ,014.81 15M71.QO 12.S05.J1 IOA45.20 94e.oo 25.602.1B 5.104.01 250.0 0$.2￿.00 25.495.42 ie.000.00 3,2Y6.31 5,528.64 3,515.4 9.821.35 ChI￿ra￿. F8ml&e3 & Youlh pabioraccatnmodallot) Cleyoy &paslorals1aV-expeny￿rtr3￿fflq Ch1￿[8￿, F8mllles & Youlh WOTk Communltykunlslry Evang01￿M Worshlp 2￿ats,14 2,954.09 2,?93.$1 3,786.10 15,971.fj0 2.585.31 10.445.20 948.00 21602.16 2.987.81 2,206.2B 4.376.12 15.510.90 HOsp￿alIty Parish hov*¢5 22￿71 Èanlnp%uppFes& swvlces Gafdan Llthl. b•ai &watar ur3nL* suréd bssgs nualsetvltino 8lorr)fuiblshmgDlwoiks RapaiTS & mainl8n8n¢ 7.119.70 3fj0.QO 26,93fj.04 4,881.50 250.ao 0,211.87 6,218.21 10,408.42 S.754.53 95,754.63 15,624.72 4,368.79 d,368.79 4.630.84 7.467.86 2.288.93 Deprec'￿110ft th ew1pmen1￿4WE p￿n￿r&cOm￿l￿r 4414.52 07.7 ie.BS 3,143.66 232.4Y 12.792.79 316,396.67 271,58B.61 AdmlrriBtratlon8Elarf￿+¢￿p1oye￿5 NI+pphg￿ts conyuiorsup￿lEs &sonw&feliegn¢e¥ 0￿rte w4ulpmeth8 suppllgs 42,537.38 998.80 42.937.3U 096.80 1,752.48 2,509.34 350.36 41.224.02 1.o13.49 3.592.21 7ts.52 2.308.34 350.36 DeprèelaUMwprfni&r&c(wier 49,529.24 40,529.24 40,86932 xatn1n*tlon lèÈ$ 2.400.QQ 2.4￿.(￿1 2.400.00 2,400.00 2.4th).00 31 Jf,337A7 ioi.t6è.05 14.692.99 431.200ts1 3sg,w8.12 15 srJoHN WITH 8TJAMFS PAROCHIAL CHURCH COUN¢IL OTE5 YOTHE FINANCIAL STATEMENr$ FOR THE YEAR EWDING 31 DECEMBER 2023 41BI STAFF COSTS 2023 2022 Gros% %*Hrig5 and￿e9 Einisioy*% Nl PensK]llS AccomwdAiir 85,251.46 50.18 1.672.0 963.15 06.8fl.74 1.3S3.39 1,097.63 18.fj(￿. TDr&lstsff costs 88.137.62 IOB,065.76 Tre tharfiyopeieies A defined contribution p8nslon BchemèfDrqtsJnMng employ8as. Th¢awiagè mDnlhkytwthorol¢mp1oye85 dutrng theyear s O (2022." 71. NoémpWa8 rac8lved IBxdudln98rnployerp4n4on Cu￿5)01￿0r8th9D £fjQOW. No itMU￿ra￿an wg¥pghSto k¢y banag8mgnlp￿Sonfid. IYhevk8rLI Pa￿ byih8 Dty8sgolkndon.I 41bl PCC MEMBERS. REMUtrIERAYION AND EXPEWSES o PC¢ MwY#)er reter￿d￿TrY[8mu￿￿ral70￿1ro￿ Il* PCC. Theonly exp8nsa5pA￿IOPCCMttmber3WeIe exponse$lncurred Inolheriobs. PCQ membdrs. Yhovk%rr8c8iwJ eyp8n3¢$ IDIBllIngE1.￿3.￿I 1￿COnferences.8 tEifa&, weachknu HndvhxsNp re8¢xiFces. hospiL4llly aDd ￿Ve1.The ¢ur&i8. who l$aSollSuppDrtlng ￿1tH￿ter. wasolvon ￿ albw8nCeolt1,(th&nd travel e¥eDsesof£7.20. 41¢) DONATIONS by PCC klÉMBERS AND RELATED PARTIES Dondlionsby PCC and rd&ipd PRFbeS￿l￿￿Ij'. condllloTlS (wheie donorwas knDvm}AMOWrttyJ 1¢ £w20S12022..E57.￿.43l. 41dl RELATED PARTYTFAIISAcfioNS R8wfds IG o ¥usiee of EJlln¢ S(w Klich8n. ID 7023thg POCmHdE 8granl of£2.600to E8ln9 Soup Kii¢hcn12D2? £2.fj00}. Rli19nfjA Lambrou 6P￿rn￿ a olWé$i Eoliny Trusion27 Fèbwary202& TIOmorts, lh?￿118 d lliln Tiomans Iwholained Pecon 21 May 20331 a IwBi$¢ olWo$1 EÉllng fruslslnco2V ￿￿Y 2QlI. ￿ 2022 PCC tocoried 8 gianiof£12.OW West EallngTw%i p022'. £12.0001. ts. ANALYSIS OF TRANSFER BETWEEN FUNDS Th8 co*of Ihodl&hV￿lh8r$ #nd th0dup1eG￿Ion on IhornlTr20221£4.586.40llell￿Srn¥1d Ihe Iiindto Ihegon4ialltsnd. 6. FIXED ASSETS 6ll. Ylln9lblA 3ssèlÉ'. InvEs￿9￿1 property ÉqvipThnl ROSS BOOKVALUE At l J4n2023 RBvaludlknn dur*￿ wr A￿￿￿OnS Loss. D*posab GROSS BOOKVALUEAt31 Dec2023 212.938.00 2,164.00 850.000.00 50.UODnO 66.046.49 919,7b4.49 52,FIM.OQ ?..6I7.16 2,647.18 14.610.63} 54,803.02 215,722.00 700,Lk)Om 970.6tt4n2 DEPRECIATION a IMPAIRIIENT At 1 JAn 2023 ¢hor9olorye8r- GorvJiBllund Ch￿￿e10ryeal- ￿alOrd0￿81￿￿¥ Chqrgf*fOr￿￿r- Fllm¢lublund ov8ment1n I￿V￿10￿ lorlwlimenl L8ss". dBprec1al*non d15po?sIB DEPREeiATDN & ITrIPAIRMEMf A121 Oec2023 43,092.12 43.092.12 5414x2 A7.74 S.414￿2 87.74 4.610ffj1 47.￿3.86 4,810.&3 47,493.86 NÈT 8OOK VALUE 31 DBr2023 215.722.00 212,938.00 NEF 800KVALUE 31 D8c2022 650.(th 7G.692.37 SlJohn'soiiM$ dn ewly ilthr812719Xhai In l?.7CotdèrshawRoad, wllh ihe Dlocegeownhg lh8 ramaln1n9 gquIIyghÉiè. ThB hoUs*wa5 mvalu¢d8t 775.000 gBai 310È¢ 202a glvlng &SI Johns 01£215.722 Theh1510rk cost 1gQ4lofSI ￿hn'S$ll*￿e k f.13,600. SlJohn'4has 8 1UO% eqully sliar&lD 32 Brunnar Road. The IioU5elVas r￿￿1￿Ed al £700.OOOas è13108G2023.mi8 2￿7)Is￿350.00 Thè valuallon ot127Coldarsh9wRosdwGstarrtBd oul by Glbbs Gill0&f￿￿. 13Q-132 Nort￿*￿￿¥8￿ll8. W9¥1 Eollng. L(￿￿1￿￿. W13 9RT￿d Ihai of 338WDnérR(￿d bytsNJb9 (?IlespIB, 1 Albort ToTfCeO, EaWn9, London. WS IRL. Thg PArt*) a160 hag uÉe1oc)Ispa¢è ss a i¢th$Gknb. k4ombotsNp¢ornw (rom Ih8lllc8lcommu￿lY Md GhuichEyln E&lky. fq ST JOHN WITH ST JAFIES PAROCHIAL¢HUReH eouN¢L NOTesTOTHE FWAFICIAL STATEMENTS FOR THE YEAR ENDING JI )E¢E.MBER 202J 5b. Inwsim¢ni5 Eadowmontlund.. M81kèi y￿￿￿9 gt I J8D2023 27.728.57 2.091.34 Msikolvll￿O ot 31 Dcc2023 7. CURRENT AS5Ers D8btors'. Ihiraslt*W ILthdg End0vm￿l ToLq1 2023 Tot¥l 2022 lunts efftJMd- HPARC Accrued Prepaymoftiy Olh¢rdfjblor% 38,696.27 8,086.00 4Q?.74 39.09Q.Ql 3S,039.24 2&245.04 133.00 2.024.84 615.52 S,797.￿9 49,2D9.43 525.74 49.fj25.fj7 2022 Aa￿u8￿ r17.8OOrnnt311nBome IrDm MaitttkLonè Pharmacykniol)Ibn blkBVacGna Certr6. B. LIABILinES Unresirfded lunds eslgna lundB Reslricled E[￿an1 fvDd5 T￿￿1 2Q23 IMRCIPAYEand Nll8nd Acwed expendrtvre and def6irèd Ineomo Rrtdlrd¢tsd mo￿￿ olhercredl￿tS 1.650.43 8.763.59 1.650.43 34.695.6 856.00 A.efj2.95 1.326.09 10.015.47 24.617.63 1,414.42 4,812.85 1,723.18 16.112. ?4.517.63 42,04S.02 13.06rt.71 9. FUNDS Bol8n¢e ol % Jen2023 ltumD￿￿d ondowmonls EyhdlbJr• Galn iogsa$ TranEIo 31 DBc2023 Unrg8lflGtod 1,037,070.63 307.1Q9.27 gIS337.47 5IPB4.00 4,586.40 1.086.212.83 Deglgn?tsd Leoscia 29.tt8.24 43.451.77 29,060.2 32,100.B1 40,0W. 14.586.401 6,764.56 112.520.01 101,169.OS 14.586.101 ,764.S6 Rtslrfcted CBIP. thui¢h Ikgan lund Chldren's rnlnlsty Flkn club Youny FHm111è5 Comtnunily MSnk51ry 2,292.97 700.￿1 3,fj13,39 07.74 1,211.e8 817 2W71 2.681.76 7UO.QO J.tiJ￿.J9 25.00 B7.74 13￿Jr2.sQ 1l47fj￿4 1,871.20 7.154.60 1.143J9 1.143.3> 1&127.67 16.09Q.20 14.693.9> fj8,52D.BO En&oW1￿Ènt North[￿￿ H81 Tn)￿F￿n0 27.728 J7 29,819.91 T¢i/lallffunds 323,2DSA7 431.2th1.51 54,e75.34 17 ST JOHN WITH STJAMES PAROCHIAL CHURCH COUNC NOTESTO THE FINAPICIAL 8TATEMENfs FOR THÉ YEAR ENOITrIG J* DECEMBER 2023 10.AFIALYSIS OFNeT ASSETS DosW91gd fiirnd$ Rosirlcthd Enth)vrngnl 2023 FW ass¢is Currtnia9$È18 LIa￿lIt￿S IAmtwnlslalllng thJÈ InoTh)INwl 920,312.F 182,013.20 3.19&S6 28,083.83 124,517.$31 29.819.81 959.331.07 142,045 021 Tolaliiet as$èts 1,086.￿l2.&3 6.761.56 16.52D.88 11.GRANTS 0￿Igh￿Ied ¢kyMmeni hmds fuDd 2023 2022 k4Jssionp8Ln8rs CM8 Book￿5¥1 er03511nks (John Roblnwn. ￿￿1¥bY C&le Chbrchl ¢hri$lmas Dilts fortfH3BEDn P&rtnera 1,500.00 1.500.00 4OD.00 1,500.00 4O).QD ).00 3.400.00 3.400.th) 3.718.2e Cliild %￿n￿orSh￿ by C8￿ Chur¢hl Qieal Idkn% (￿rr•￿￿ 322.00 2,000.00 t,￿0.￿0 2,￿)0.￿0 2,￿D.00 1.WO.00 i.c￿0.00 2.OOOnO 11.322nO 30.00 352. 2.000.00 1,000. 2,ODO.00 J.203.25 1,000.00 338.00 2,000. 2,000. 2,543.75 2.000.00 2.081.25 1.7g6.75 2,000.QO 14.759.75 Ml8sknn Avlallan F@lknwÈNp Op8n O(*rs 1,2D3,26 Tearfund WdlF(th 55J.75 2.000. 13.109 1.7B7.00 $llen o Blshap* mls$lw lund Cros911ghtAdvlcu Ealiny E8finu Chur¢hg¥WlThterNlghl s￿l￿r E8llDg Soup KiichB EVan￿lIC￿lA1￿aTrc ￿￿￿VE Cummunlyfrust 96S.53 1,Qm.QO 965.53 1,th)0.00 937.20 I,￿0.00 500.00 2.tm.00 250.00 ?,￿6.47 7,943.67 2,600.00 25OOD 2.000.00 25Q.00 2,0￿.00 un 01herBroapaTi8hBS 8,778. 0,778.OD .778.00 B.77&.00 S20.00 8,520.00 Olhwdiarflab (Yhw ¥¥hig 60D.00 114.20 714.20 714. 1,052.29 1.052.29 fjOD.QO rotslpFants 30.915.53 1.9Ql.20 35,993.99 12. PARISH HOUSES Untoslrfd funds Ro811it18d luDds 23 2022 33 Br￿￿rRO0￿ & In5ur&ncB 33 BrLNN)&rRo&d knlllngoxpon38? aTage ma1nien8nc 127 ca￿aT￿li8WP¢ad m8lnieThance&lnsurBnco 127 CokknliÈwRoad exp8nsos S,30￿6 2,64S.10 1,99Q.54 1917.40 3.gD2.00 3,3BB.66 2.645.10 1,098.54 I,￿1.40 ¥.992.00 15.971.60 2.24b. 5,tr22. 469.09 3.903.32 3,871.20 f5,510.90 18