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← The Parochial Church Council Of The Ecclesiastical Parish Of All Saints, East Finchley

2024-12-31-accounts

The Parish of All Saints’, East Finchley

Address for correspondence: All Saints’ Church, 35a Durham Road, East Finchley, London, N2 9DP

Annual Report and

Financial Statements of the Parochial Church Council

for the year ended 31st December 2024

Vicar: The Ven Ian Chandler

Bankers: Barclays Bank Leicester LE87 2BB

Independent Examiner: Mr Jeffrey Nettleton

The Parochial Church Council is a registered charity, Charity Commission Number 1130392.

Index of Contents

Annual Report 3
Financial Review 4
Churchwardens’ Fabric Report 6
Barnet Deanery Synod 7
Annual Report on the Proceedings of the PCC 2024 7
Independent Examiners Report 9
Financial Statements for the year ending December 31, 2024 10
Minutes of the Annual Meeting of Parishioners 2024 (Appendix A) 13
Minutes of the Annual Parish Meeting 2024 (Appendix B) 13

2

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ALL SAINTS, EAST FINCHLEY ANNUAL REPORT AND ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2024

Aim and Purpose

All Saints’ Parochial Church Council (the PCC) has the responsibility of coopera9ng with the Incumbent, The Venerable Ian Chandler, in promo9ng in the ecclesias9cal parish, the whole mission of the Church, pastoral, evangelis9c, social and ecumenical. The PCC is also responsible for the maintenance of the Church which is a Grade II Listed Building

Objectives and Activities

All Saints’ PCC has the responsibility of co-operating with the incumbent in promoting within the parish the whole mission of the Church (pastoral, evangelistic, social and ecumenical).

We are:

The parish is part of the Society of St Wilfrid and St Hilda and is under the jurisdiction of the Bishop of Fulham An “Open Church” strategy lies at the heart of our thinking in terms of outreach and mission. As a church in the Catholic tradition, we hope to bring the life of prayer and the transformation of all things in Christ to the day-today concerns of all men and women of good will in our community. We want our church to be an Open Church.

ACHIEVEMENTS AND PERFORMANCE

Masses are usually said on four weekdays as well as on Sunday, and the Thursday morning service is followed by refreshments and has a regular attendance.

Members of the congregation regularly attend Forward in Faith services, and in October Fr Ian led a small group of parishioners on pilgrimage to Walsingham. Sadly our organist Graham Lunn had to leave after Easter, but we were fortunate to appoint Gary Cheung who has continued the musical tradition of the parish, with a small but excellent choir.

We held several social events in 2024. After the Easter Vigil service we celebrated with sparkling wine and canapes, and then we held a frugal lunch in May for Christian Aid Week. In July we held our Summer Fair, which together with the Christmas Fair at the end of November are our main fund-raising events of the year. Several members of the congregation went on pilgrimage to Walsingham for the weekend in October. In November we celebrated All Saints’ Day with a parish lunch, and we held a table-top sale with local residents taking tables to sell their goods. We were pleased to hold the ecumenical Advent Carol service, inviting other members of Churches Together in Finchley to join us. We had a full range of Christmas services including Carols by Candlelight the Sunday before Christmas and the ever-popular children’s service on Christmas Eve. Bookings to use the church for recordings continue to provide much needed income.

We are most grateful to Fr Ian for continuing to serve the parish and encouraging us in our spiritual life, and for the support we receive from Fr Richard.

3

SAFEGUARDING

The PCC has given due regard to the House of Bishops’ guidance on safeguarding children and vulnerable adults., by accepting and endorsing the principles set out in the Diocesan policy for safeguarding children, young people and vulnerable adults, ‘Safeguarding in the Diocese of London’. The PCC has adopted a policy statement which confirms, as follows:

The PCC has appointed a Church Safeguarding Officer and a Children’s Champion, as required by the Diocesan policy, and all members of the PCC have been DBS checked. No safeguarding issues were reported during 2025.

FINANCIAL REVIEW

I feel I must begin my annual report by thanking the Vicar, the Wardens and the PCC Secretary for their support in my first year of office. Particular mention has to be made of the debt of gratitude I owe to Jenny Daybell for handing over the accounts in such a good shape given the unexpected circumstances in which she found herself in early 2024 following Robert Wills’ untimely passing.

The total receipts for the year of unrestricted funds was £36,114. A large proportion of that was Robert Wills’ bequest which although not formally restricted the PCC is ring-fencing in order to make an improvement to the fabric or worship of the Church which we believe Robert would have approved of. The value of our share portfolio, which is held in trust for the Church, started the year with a value of £105,252 and ended on 31[st] December 2024 with a value of £110,838. It is the current policy of the PCC to ask the trust to reinvest the income.

Expenditure last year was £53,990, down from £98,154 in 2023. This is largely due to the PCC’s decision midyear founded on the uncertainty of our income and rising utility and maintenance costs that we could no longer afford to meet the full Diocesan Common Fund quota, and so our contribution reduced from £50,500 in 2023 to £11,000 in 2024. Last year the PCC had to spend £10,266 on maintenance of the Church, hall and garden and a further £21,507 on running expenses.

The net result is that in 2024 is that there was a £19,784 surplus of income over expenditure; however, if Robert’s bequest is removed from that figure it is much more modest. At 31[st] December 2024 the Church held £33,097 in cash at the bank and in hand, of which £11,000 were restricted funds (£1,000 for garden maintenance and £10,000 for the refurbishment of the Lady Chapel). As stated above our total investment funds, both restricted and unrestricted totalled £110,838.

The Investment funds are made up of the following:

4

The Church also received an income of £20,000 from the Baker Trust which is not controlled by the PCC and so does not feature in our accounts. This income is unrestricted.

The PCC currently banks with Barclays where we have a general cash business account. The PCC’s aim is to maintain a balance of at least £2,000 to meet day-to-day expenditure. If cash above £8,000 is held consideration will be given to transferring some monies to a deposit account.

Looking ahead the PCC is aware that the Quinquennial will raise a number of items of work with respect to the fabric of the church, and foreseeable capital projects are the potential roofing works above the sanctuary and renewal of our heating system.

Richard Doman

RESERVES POLICIES

Barclays Current Account General fund. Maintain at least £2000 to meet day to day expenditure. If fund grows to over £8000 transfer of some monies to the Main Deposit Account should be considered. Main Deposit Account General unrestricted funds held in this account to be used at discretion of PCC. Minimum reserve should be able to meet the costs of the PCC for at least 6 months (£50,000). Reserve, if possible, of one to two years’ costs of the PCC (£100,000 to £200,000).

White/Lord Bequest Restricted. The interest from this account can only be used for floral beautification of the church. £2,000 of the original capital is also restricted as above. The rest of the original capital (£4,885) can be used for general funds, but only if absolutely necessary. Brett/Waller Fabric Fund Restricted, first call for altar or vestments, then fabric. Music Fund Fund restricted to paying for music related items (ie purchase of sheet music, hire of singers etc). No difference between capital and interest.

The Vicar and Churchwardens’ Discretionary Fund is restricted to use for capital purchases or specific projects at the Vicar’s and Churchwardens’ discretion. It is not to be used to meet general expenditure. The Baker Fund, a charitable trust whose income supports the parish, is administered by trustees and is not part of the parish funds.

It is our general policy to invest our funds balances with the CBF Church of England Deposit Fund. Balances of accounts as of 31[st] December 2024 are detailed in the Financial Statements.

5

CHURCHWARDENS’ REPORT

Fabric Report

Under the “Care of Churches and Ecclesiastical Jurisdiction Measure 1991” the Churchwardens are required to:

They are also required to report on the above to both the PCC and the APCM.

As a result of the Churchwardens’ inspections of 2024 the following were identified, and works undertaken: ➢ the replacement and re-siting of the main electric board

The following maintenance was undertaken:

We had our 5 yearly Quinquennial inspection in October this year, the architect visited to inspect the church for any works needed to the fabric of the building.

We need to look at replacing the heating system and lighting within the Church. The logbook was updated. The new terrier is in the process of being of being updated.

Review of the Year

During this year we were visited by the Archdeacon in July to meet with Fr Ian, the Churchwardens and the PCC. During his visit with us he looked at the Church Terrier which contains records of items belonging to All Saints‘ also the Log book which is used to keep an update of all works carried out at the church. We discussed how the church was doing in terms of attendance and any plans for the future.

The most significant element of our outgoings is our Common Fund payments to the diocese and in previous years we have undertaken to meet 75% of our parish cost. Once again, this year we were unable to meet our commitment to the Diocese, as Church funds are so low.

These costs as well as the general running costs of the church will continue to rise. Bookings for recordings have been steadily coming in and the income from these helps to balance our books during the year. We have continued to take an income from our investments and that is going some way towards balancing the books. We are grateful to all those who have continued with their regular contributions throughout the year. However, we do ask that everyone continue to review their giving on a yearly basis.

We have a good working relationship with Fr. Ian and greatly appreciate all his support in our work. We are thankful for his leadership, care and support in all aspects of our parish life. We would also like to thank Fr Richard for all the support he gives us.

The Churchwardens would also like to take this opportunity to thank all of those who continue to work so hard to support the church in so many ways:

Barry Law for his duties as caretaker and for seeing that those hiring the church are both welcomed and dispatched.

All of you who give your time during the year on social and fundraising activities, serving, flower arranging, and welcoming. We thank our sidespeople, readers, organist and choir, and all who ensure we have tea and coffee after the Parish Mass each Sunday.

6

A big thank you to everyone who continues to worship here; you are an important part of the All Saints’ family and without your regular attendance, prayers and encouragement All Saints’ would not be able to flourish.

Jennifer Daybell and Peter Kinch, Churchwardens

REPORT ON BARNET DEANERY SYNOD

All Saints now has one representative. The number of people is determined by the electoral roll. Meetings are held 3 times a year, March, June and October. Due to the large geographical are of the deanery, synod meets in different areas across this area. This period, it has met in Church End, Child’s Hill and Colindale. The meetings begin with worship, that usually over runs. The format is notices, School Governor appointments and new clergy to the deanery. There is then a speaker who focuses on relevant topics. At the last meeting the topic was: The Way of Life – presentation by Mirjam Ngoy-Verhage (Diocesan Discipleship Enabler). Points were made, then discussed in small groups and shared together. It was emphasised the lifestyle of Discipleship should be focused on 3 parts; Staying With God – Sharing Our Journey – Serving Our World.The next meeting in March will focus on: Sharing our Hopes and Prayers, and A Time for Prayer for our Deanery. Wea also have to appoint 3 Diocesan Synod Members.

Brian C Hooper, Deanery Synod Representative

REPORT ON THE PROCEEDINGS OF THE PCC, 2024

The Parochial Church Council met six times in 2024.

The major topics at every meeting have been finance, and the fabric of the church building. Richard Doman was elected as Treasurer at the 2024 APCM after an interval without following Robert Wills’s untimely death in early 2023. It has been agreed to purchase an accounting package to simplify the record-keeping and any handover of the parish’s financial records in future. Richard has accepted the challenge and is enabling us to see our financial position clearly and plan accordingly. The parish’s financial situation is not strong; regular congregational giving has fallen, while costs have increased. Hall rental fees have been reviewed and increased with effect from 1 January 2025 – these are our main source of income, but of course letting the hall restricts the use we as a parish can make of it. Unfortunately we were not able to pay our pledged Quota to the Diocese in full in 2024, and the PCC decided to reduce the amount pledged for 2025 but with the determination to pay that sum in full. It was agreed to join the Parish Giving Scheme (recommended by the Diocese) and to hold a general Stewardship Campaign at the same time, and also to buy a card-reader so visitors can easily make donations.

The Archdeacon’s Visitation took place in July, when the Archdeacon met the Vicar, Churchwardens and then the PCC to ensure the running of the parish is in order. The Quinquennial Survey of the church took place in October 2024, and once the PCC have considered the report a plan of essential repairs will be made.

In November 2024 Fr Ian held a Parish Consultation Day, when members of the congregation met to explore what they each value about All Saints’, and how parish could grow. The parish website will be relaunched shortly.

Sally Atkinson, PCC Secretary

ADMINISTRATIVE INFORMATION

All Saints’ Church is situated in Durham Road, East Finchley, London N2 9DP. It is in the Edmonton Area of the Diocese of London within the Church of England. The correspondence address is All Saints’ Vicarage, Twyford Avenue, London N2 9NH.

The Parochial Church Council (PCC) is a registered charity, Charity Commission Number 1130392.

7

PCC members who have served from 1 January 2024 until the date this report was approved are:

Incumbent: Fr Ian Chandler SSC Chairman Honorary Assistant: Fr Richard Buckingham Co-opted Wardens: Ms Jennifer Daybell Mr Peter Kinch Representatives on the Deanery Synod (Term of Office – 2023-26): Mr Brian Hooper (Elected APCM 2023)

Elected members (Members are elected at the APCM and the term of office normally runs for 3 years). Mrs S Atkinson (2024-27), also Electoral Roll Officer and PCC Secretary Mr R Doman (2023-26), also Treasurer Mrs Joan Law (2023-26) Ms Francesca Ross (2022-25) Mr John Shepherd (2024-27) Mr Nicholas Starling (2024-27) Miss R Tillier (2023-26) There were two vacancies throughout 2024.

Structure, governance and management

The method of appointment of PCC members is set out in the Church Representation Rules. The Standing Committee consists of the parish clergy, current and previous churchwardens, the Treasurer and the Parish Secretary.

All regular attendees are encouraged to register on the Electoral Roll, and the number on the Roll in 2024 was 69.

Approved by the PCC on 29 May 2029 and signed on its behalf by:

I N Chandler

……………………………. The Ven Ian Chandler

R Doman

……………………………. Mr Richard Doman (Treasurer)

8

9

Receipts and Payments Accounts
PAROCHIAL CHURCH COUNCIL OF ALL SAINTS' CHURCH, EAST FINCHLEY
Financial Statements for the Year ended 31 December 2024
Unrestricted Restricted Endowment TOTAL
TOTAL
Note
funds
funds
funds
2024
2023
£
£
£
£
£
RECEIPTS
Voluntaryreceipts:
Plannedgiving
14,458
14,458
18,846
Collection at services
740
740
726
All othergiving/voluntaryreceipts
5a
22,743
188
22,931
15,017
Gift Aid recovered
- 0
37,941
188
38,129
34,589
Activities forgeneratingfunds
5b
3,104
- 0
3,104
2,349
Investment income
5c
22,860
2,726
25,586
23,269
Church activities
5d
22,107
2,525
24,632
11,713
Total receipts
86,012
5,439
91,451
71,920
PAYMENTS
Charitablegivingand donations
5e
550
2,623
3,173
2460
Church activities
5f
50,054
- 0
50,054
86,349
Cost ofgeneratingfunds
56
- 0
56
135
Support costs
5g
9,143
- 0
9,143
9,210
Total expenditure
59,803
2,623
- 0 62,426
98,154
Excess of receipts overpayments
26,209
2,816
- 0 29,025 -
26,234
Transfers between funds
- 0
- 0
Increase/reduction in funds
26,209
2,816
- 0 29,025
26,234
Cash at bank and in hand at 1January
57,244
62,646
119,890
146,124
Cash at bank and in hand at 31 December
83,453
65,462
- 0 148,915
119,890
Deposit accounts
56,754
54,084
110,838
105,252
Current accounts
26699
11378
38,077
14638
83,453
65,462
- 0 148,915
119,890		 Receipts and Payments Accounts
PAROCHIAL CHURCH COUNCIL OF ALL SAINTS' CHURCH, EAST FINCHLEY
Financial Statements for the Year ended 31 December 2024
Unrestricted Restricted Endowment TOTAL
TOTAL
Note
funds
funds
funds
2024
2023
£
£
£
£
£
RECEIPTS
Voluntaryreceipts:
Plannedgiving
14,458
14,458
18,846
Collection at services
740
740
726
All othergiving/voluntaryreceipts
5a
22,743
188
22,931
15,017
Gift Aid recovered
- 0
37,941
188
38,129
34,589
Activities forgeneratingfunds
5b
3,104
- 0
3,104
2,349
Investment income
5c
22,860
2,726
25,586
23,269
Church activities
5d
22,107
2,525
24,632
11,713
Total receipts
86,012
5,439
91,451
71,920
PAYMENTS
Charitablegivingand donations
5e
550
2,623
3,173
2460
Church activities
5f
50,054
- 0
50,054
86,349
Cost ofgeneratingfunds
56
- 0
56
135
Support costs
5g
9,143
- 0
9,143
9,210
Total expenditure
59,803
2,623
- 0 62,426
98,154
Excess of receipts overpayments
26,209
2,816
- 0 29,025 -
26,234
Transfers between funds
- 0
- 0
Increase/reduction in funds
26,209
2,816
- 0 29,025
26,234
Cash at bank and in hand at 1January
57,244
62,646
119,890
146,124
Cash at bank and in hand at 31 December
83,453
65,462
- 0 148,915
119,890
Deposit accounts
56,754
54,084
110,838
105,252
Current accounts
26699
11378
38,077
14638
83,453
65,462
- 0 148,915
119,890		 Receipts and Payments Accounts
PAROCHIAL CHURCH COUNCIL OF ALL SAINTS' CHURCH, EAST FINCHLEY
Financial Statements for the Year ended 31 December 2024
Unrestricted Restricted Endowment TOTAL
TOTAL
Note
funds
funds
funds
2024
2023
£
£
£
£
£
RECEIPTS
Voluntaryreceipts:
Plannedgiving
14,458
14,458
18,846
Collection at services
740
740
726
All othergiving/voluntaryreceipts
5a
22,743
188
22,931
15,017
Gift Aid recovered
- 0
37,941
188
38,129
34,589
Activities forgeneratingfunds
5b
3,104
- 0
3,104
2,349
Investment income
5c
22,860
2,726
25,586
23,269
Church activities
5d
22,107
2,525
24,632
11,713
Total receipts
86,012
5,439
91,451
71,920
PAYMENTS
Charitablegivingand donations
5e
550
2,623
3,173
2460
Church activities
5f
50,054
- 0
50,054
86,349
Cost ofgeneratingfunds
56
- 0
56
135
Support costs
5g
9,143
- 0
9,143
9,210
Total expenditure
59,803
2,623
- 0 62,426
98,154
Excess of receipts overpayments
26,209
2,816
- 0 29,025 -
26,234
Transfers between funds
- 0
- 0
Increase/reduction in funds
26,209
2,816
- 0 29,025
26,234
Cash at bank and in hand at 1January
57,244
62,646
119,890
146,124
Cash at bank and in hand at 31 December
83,453
65,462
- 0 148,915
119,890
Deposit accounts
56,754
54,084
110,838
105,252
Current accounts
26699
11378
38,077
14638
83,453
65,462
- 0 148,915
119,890		 Receipts and Payments Accounts
PAROCHIAL CHURCH COUNCIL OF ALL SAINTS' CHURCH, EAST FINCHLEY
Financial Statements for the Year ended 31 December 2024
Unrestricted Restricted Endowment TOTAL
TOTAL
Note
funds
funds
funds
2024
2023
£
£
£
£
£
RECEIPTS
Voluntaryreceipts:
Plannedgiving
14,458
14,458
18,846
Collection at services
740
740
726
All othergiving/voluntaryreceipts
5a
22,743
188
22,931
15,017
Gift Aid recovered
- 0
37,941
188
38,129
34,589
Activities forgeneratingfunds
5b
3,104
- 0
3,104
2,349
Investment income
5c
22,860
2,726
25,586
23,269
Church activities
5d
22,107
2,525
24,632
11,713
Total receipts
86,012
5,439
91,451
71,920
PAYMENTS
Charitablegivingand donations
5e
550
2,623
3,173
2460
Church activities
5f
50,054
- 0
50,054
86,349
Cost ofgeneratingfunds
56
- 0
56
135
Support costs
5g
9,143
- 0
9,143
9,210
Total expenditure
59,803
2,623
- 0 62,426
98,154
Excess of receipts overpayments
26,209
2,816
- 0 29,025 -
26,234
Transfers between funds
- 0
- 0
Increase/reduction in funds
26,209
2,816
- 0 29,025
26,234
Cash at bank and in hand at 1January
57,244
62,646
119,890
146,124
Cash at bank and in hand at 31 December
83,453
65,462
- 0 148,915
119,890
Deposit accounts
56,754
54,084
110,838
105,252
Current accounts
26699
11378
38,077
14638
83,453
65,462
- 0 148,915
119,890		 Receipts and Payments Accounts
PAROCHIAL CHURCH COUNCIL OF ALL SAINTS' CHURCH, EAST FINCHLEY
Financial Statements for the Year ended 31 December 2024
Unrestricted Restricted Endowment TOTAL
TOTAL
Note
funds
funds
funds
2024
2023
£
£
£
£
£
RECEIPTS
Voluntaryreceipts:
Plannedgiving
14,458
14,458
18,846
Collection at services
740
740
726
All othergiving/voluntaryreceipts
5a
22,743
188
22,931
15,017
Gift Aid recovered
- 0
37,941
188
38,129
34,589
Activities forgeneratingfunds
5b
3,104
- 0
3,104
2,349
Investment income
5c
22,860
2,726
25,586
23,269
Church activities
5d
22,107
2,525
24,632
11,713
Total receipts
86,012
5,439
91,451
71,920
PAYMENTS
Charitablegivingand donations
5e
550
2,623
3,173
2460
Church activities
5f
50,054
- 0
50,054
86,349
Cost ofgeneratingfunds
56
- 0
56
135
Support costs
5g
9,143
- 0
9,143
9,210
Total expenditure
59,803
2,623
- 0 62,426
98,154
Excess of receipts overpayments
26,209
2,816
- 0 29,025 -
26,234
Transfers between funds
- 0
- 0
Increase/reduction in funds
26,209
2,816
- 0 29,025
26,234
Cash at bank and in hand at 1January
57,244
62,646
119,890
146,124
Cash at bank and in hand at 31 December
83,453
65,462
- 0 148,915
119,890
Deposit accounts
56,754
54,084
110,838
105,252
Current accounts
26699
11378
38,077
14638
83,453
65,462
- 0 148,915
119,890		 Receipts and Payments Accounts
PAROCHIAL CHURCH COUNCIL OF ALL SAINTS' CHURCH, EAST FINCHLEY
Financial Statements for the Year ended 31 December 2024
Unrestricted Restricted Endowment TOTAL
TOTAL
Note
funds
funds
funds
2024
2023
£
£
£
£
£
RECEIPTS
Voluntaryreceipts:
Plannedgiving
14,458
14,458
18,846
Collection at services
740
740
726
All othergiving/voluntaryreceipts
5a
22,743
188
22,931
15,017
Gift Aid recovered
- 0
37,941
188
38,129
34,589
Activities forgeneratingfunds
5b
3,104
- 0
3,104
2,349
Investment income
5c
22,860
2,726
25,586
23,269
Church activities
5d
22,107
2,525
24,632
11,713
Total receipts
86,012
5,439
91,451
71,920
PAYMENTS
Charitablegivingand donations
5e
550
2,623
3,173
2460
Church activities
5f
50,054
- 0
50,054
86,349
Cost ofgeneratingfunds
56
- 0
56
135
Support costs
5g
9,143
- 0
9,143
9,210
Total expenditure
59,803
2,623
- 0 62,426
98,154
Excess of receipts overpayments
26,209
2,816
- 0 29,025 -
26,234
Transfers between funds
- 0
- 0
Increase/reduction in funds
26,209
2,816
- 0 29,025
26,234
Cash at bank and in hand at 1January
57,244
62,646
119,890
146,124
Cash at bank and in hand at 31 December
83,453
65,462
- 0 148,915
119,890
Deposit accounts
56,754
54,084
110,838
105,252
Current accounts
26699
11378
38,077
14638
83,453
65,462
- 0 148,915
119,890		 Receipts and Payments Accounts
PAROCHIAL CHURCH COUNCIL OF ALL SAINTS' CHURCH, EAST FINCHLEY
Financial Statements for the Year ended 31 December 2024
Unrestricted Restricted Endowment TOTAL
TOTAL
Note
funds
funds
funds
2024
2023
£
£
£
£
£
RECEIPTS
Voluntaryreceipts:
Plannedgiving
14,458
14,458
18,846
Collection at services
740
740
726
All othergiving/voluntaryreceipts
5a
22,743
188
22,931
15,017
Gift Aid recovered
- 0
37,941
188
38,129
34,589
Activities forgeneratingfunds
5b
3,104
- 0
3,104
2,349
Investment income
5c
22,860
2,726
25,586
23,269
Church activities
5d
22,107
2,525
24,632
11,713
Total receipts
86,012
5,439
91,451
71,920
PAYMENTS
Charitablegivingand donations
5e
550
2,623
3,173
2460
Church activities
5f
50,054
- 0
50,054
86,349
Cost ofgeneratingfunds
56
- 0
56
135
Support costs
5g
9,143
- 0
9,143
9,210
Total expenditure
59,803
2,623
- 0 62,426
98,154
Excess of receipts overpayments
26,209
2,816
- 0 29,025 -
26,234
Transfers between funds
- 0
- 0
Increase/reduction in funds
26,209
2,816
- 0 29,025
26,234
Cash at bank and in hand at 1January
57,244
62,646
119,890
146,124
Cash at bank and in hand at 31 December
83,453
65,462
- 0 148,915
119,890
Deposit accounts
56,754
54,084
110,838
105,252
Current accounts
26699
11378
38,077
14638
83,453
65,462
- 0 148,915
119,890		 Receipts and Payments Accounts
PAROCHIAL CHURCH COUNCIL OF ALL SAINTS' CHURCH, EAST FINCHLEY
Financial Statements for the Year ended 31 December 2024
Unrestricted Restricted Endowment TOTAL
TOTAL
Note
funds
funds
funds
2024
2023
£
£
£
£
£
RECEIPTS
Voluntaryreceipts:
Plannedgiving
14,458
14,458
18,846
Collection at services
740
740
726
All othergiving/voluntaryreceipts
5a
22,743
188
22,931
15,017
Gift Aid recovered
- 0
37,941
188
38,129
34,589
Activities forgeneratingfunds
5b
3,104
- 0
3,104
2,349
Investment income
5c
22,860
2,726
25,586
23,269
Church activities
5d
22,107
2,525
24,632
11,713
Total receipts
86,012
5,439
91,451
71,920
PAYMENTS
Charitablegivingand donations
5e
550
2,623
3,173
2460
Church activities
5f
50,054
- 0
50,054
86,349
Cost ofgeneratingfunds
56
- 0
56
135
Support costs
5g
9,143
- 0
9,143
9,210
Total expenditure
59,803
2,623
- 0 62,426
98,154
Excess of receipts overpayments
26,209
2,816
- 0 29,025 -
26,234
Transfers between funds
- 0
- 0
Increase/reduction in funds
26,209
2,816
- 0 29,025
26,234
Cash at bank and in hand at 1January
57,244
62,646
119,890
146,124
Cash at bank and in hand at 31 December
83,453
65,462
- 0 148,915
119,890
Deposit accounts
56,754
54,084
110,838
105,252
Current accounts
26699
11378
38,077
14638
83,453
65,462
- 0 148,915
119,890		 Receipts and Payments Accounts
PAROCHIAL CHURCH COUNCIL OF ALL SAINTS' CHURCH, EAST FINCHLEY
Financial Statements for the Year ended 31 December 2024
Unrestricted Restricted Endowment TOTAL
TOTAL
Note
funds
funds
funds
2024
2023
£
£
£
£
£
RECEIPTS
Voluntaryreceipts:
Plannedgiving
14,458
14,458
18,846
Collection at services
740
740
726
All othergiving/voluntaryreceipts
5a
22,743
188
22,931
15,017
Gift Aid recovered
- 0
37,941
188
38,129
34,589
Activities forgeneratingfunds
5b
3,104
- 0
3,104
2,349
Investment income
5c
22,860
2,726
25,586
23,269
Church activities
5d
22,107
2,525
24,632
11,713
Total receipts
86,012
5,439
91,451
71,920
PAYMENTS
Charitablegivingand donations
5e
550
2,623
3,173
2460
Church activities
5f
50,054
- 0
50,054
86,349
Cost ofgeneratingfunds
56
- 0
56
135
Support costs
5g
9,143
- 0
9,143
9,210
Total expenditure
59,803
2,623
- 0 62,426
98,154
Excess of receipts overpayments
26,209
2,816
- 0 29,025 -
26,234
Transfers between funds
- 0
- 0
Increase/reduction in funds
26,209
2,816
- 0 29,025
26,234
Cash at bank and in hand at 1January
57,244
62,646
119,890
146,124
Cash at bank and in hand at 31 December
83,453
65,462
- 0 148,915
119,890
Deposit accounts
56,754
54,084
110,838
105,252
Current accounts
26699
11378
38,077
14638
83,453
65,462
- 0 148,915
119,890
Receipts and Payments Accounts
PAROCHIAL CHURCH COUNCIL OF ALL SAINTS' CHURCH, EAST FINCHLEY
Financial Statements for the Year ended 31 December 2024
Unrestricted Restricted Endowment TOTAL TOTAL
Note funds funds funds 2024 2023
£ £ £ £ £
RECEIPTS
Voluntaryreceipts:
Plannedgiving 14,458 14,458
18,846
Collection at services 740 740
726
All othergiving/voluntaryreceipts 5a 22,743
188		 22,931
15,017
Gift Aid recovered - 0
37,941
188		 38,129
34,589
Activities forgeneratingfunds 5b 3,104
- 0		 3,104
2,349
Investment income 5c 22,860
2,726		 25,586
23,269
Church activities 5d 22,107
2,525		 24,632
11,713
Total receipts 86,012
5,439		 91,451
71,920
PAYMENTS
Charitablegivingand donations 5e 550
2,623		 3,173 2460
Church activities 5f 50,054
- 0		 50,054
86,349
Cost ofgeneratingfunds 56
- 0		 56
135
Support costs 5g 9,143
- 0		 9,143
9,210
Total expenditure 59,803
2,623
- 0		 62,426
98,154
Excess of receipts overpayments 26,209
2,816
- 0		 29,025 -
26,234
Transfers between funds - 0
- 0
Increase/reduction in funds 26,209
2,816
- 0		 29,025
26,234
Cash at bank and in hand at 1January 57,244
62,646		 119,890
146,124
Cash at bank and in hand at 31 December 83,453
65,462
- 0		 148,915
119,890
Deposit accounts 56,754
54,084		 110,838
105,252
Current accounts 26699 11378 38,077 14638
83,453
65,462
- 0		 148,915
119,890

10

5. Further Analysis of Receipts and Payments Accounts 5. Further Analysis of Receipts and Payments Accounts 5. Further Analysis of Receipts and Payments Accounts
Unrestricted Restricted Endowment TOTAL TOTAL
Note funds funds funds 2024 2023
£ £ £ £ £
Receipts
a) All othergiving/voluntaryreceipts:
Donations 7265
90		 7,355
4,921
Legacy/Bequest 15478 15,478
10,000
Mothers' Union Subs 98 98
96
22,743
188		 22,931
15,017
b) Activities forgeneratingfunds:
Parish magazine - advertising
Fund-raisingevents 2898 2,898
2,212
Candleboxes 206 206
137
3,104
- 0
- 0
3,104
2,349
c) Investment income:
CCLA Deposit Fund interest 2,860
2,726		 5,586
3,269
Transfers from trust account 20000 20,000
20,000
22,860
2,726		 25,586
23,269
d) Church activities:
Fees for weddings and funerals 587 587
747
Church and Hall Lettings 21490 21,490
9,060
Other:-
Energy grants - 0
Bank LoyaltyPayment 20 20
40
Electricityrefunds 10 10
10
Walsingham deposits 2,525 2,525
1,856
22,107
2,525		 24,632
11,713
Payments
DEC Turkey/ Syria appeal - 0
180
East FinchleyFood Bank - 0
268
Walsingham 546 2525 3,071
1,916
Mothers' Union 4 98 102
96
550
2,623
- 0
3,173
2,460
f) Church activities:
Diocesanparish contribution 11000 11,000 50500
Clergyand staffngcosts 1905 1,905 2124
Church runningexpenses 13406 13,406 14228
Hall runningexpenses 8073 8,073 9726
Church repairs and maintenance 4803 4,803 1730
Hall repairs and maintenance 1723 1,723 65
Parsonage repairs and maintenance 295 295
Garden Maintenance 3740 3,740 2370
Altar requisites 2721 2,721 2342
Printingand stationery 725 725 1861
Advertising 1663 1,663 1403
- 0
50,054
- 0
- 0		 50,054
86,349

11

g) Support costs
Choir & Organist 8887 8,887
8,850
Bank charges 256 256
360
9,143
- 0
- 0
9,143
9,210

12

Appendices

A

MINUTES OF THE ANNUAL PARISH MEETING 2024, HELD ON SUNDAY 14 APRIL 2024

Present: Fr Ian and 18 members of the congregation.

1. Apologies for absence

Apologies were received from Christina Davis, Francesca Ross and Nick Starling.

2. Minutes of the meeting held on 23 May 2023, and any matters arising The minutes of the meeting held on 23 May 2023 were agreed. There were no matters arising.

3. Election of Churchwardens Two nominations had been received for the post of Churchwarden: Jennifer Daybell and Peter Kinch. The two candidates were elected unopposed.

There being no other business, Fr Ian closed the meeting.

B

MINUTES OF THE ANNUAL PAROCHIAL CHURCH MEETING, HELD ON SUNDAY 14 APRIL 2024

Present: Father Ian and 18 members of the congregation

1 Apologies for absence

Apologies were accepted Christina Davis, Francesca Ross and Nick Starling.

2 Minutes of the meeting held on 23 May 2023, and any matters arising

The minutes of the meeting held on 23 May 2023 were agreed. There were no matters arising.

3 Electoral Roll

Received: In 2023 the names of Ron Toms and Robert Wills were removed from the Electoral Roll and Richard Doman was added, making 68 members. In 2024 there had been no need to remove any names but Tomislav Masle was added to the roll, making a total of 69 names.

4 Annual Report and Accounts for the year ended 31 December 2022

Received:

4. Annual Report and Accounts for the year ended 31 December 2022 Received:

  1. The report on the proceedings of the PCC in 2022

  2. The Churchwardens’ Fabric Report

  3. The report on the proceedings of the Deanery Synod.

6 Annual Report for the year ended 31 December 2023

13

Received:

The Accounts for 2023 had not yet been examined by the Independent Examiner or approved by the PCC.

7 Safeguarding Report

Received: there had been no safeguarding issues of concern in 2023.

8 Elections:

Deanery Synod Representative 2023 – 2026: Brian Hooper.

PCC members: Sally Atkinson, Richard Doman, Joan Law, Ros John Shepherd, Nick Starling and Ros Tillier,

9 Independent Examiner

Appointed: Jeffrey Nettleton.

10 Other Business

None had been notified. The Vicar thanked everyone for their contribution to parish life, and Peter Kinch thanked Fr Ian in turn for his leadership and support.

The meeting was then adjourned until 26 May, when the 2023 accounts which had been inspected by the PCC’s Independent Examiner and accepted by the PCC were received.

14