_A FAMILY OF NEIGHBOURHOOD CHURCHES MAKING AN IMPACT ON THE CITY_ THE PARISH OF BATTERSEA FIELDS 2022 ANNUAL REPORT ## **2022 Report and Accounts for the Parish of Battersea Fields** ## **Contents** ## **Parish Churches** .................................................................................. 1 Welcome................................................................ 3 Battersea Fields Parish in 2022 ...................... 4 Main Changes in 2022 ...................................... 5 Achievements and Performance ................... 6 St Saviour .............................................................. 7 All Saints ................................................................ 8 St George .............................................................. 9 Parish Office ....................................................... 10 Practical Details ................................................. 11 Governance ........................................................ 12 Parish Accounts ................................................. 14 Independent Examiner’s Report ................. 16 General administration ................................... 28 Churches in the Parish of Battersea Fields are at the following locations: ## **All Saints** Prince of Wales Drive, London, SW11 4BD ## **St George** 11 Patmore Street, London, SW8 4JD ## **St Saviour** 351 Battersea Park Road, London, SW11 4LH ## **Registered charity number 1130423** ## **Contact Details** ## **Parish Office** Parish of Battersea Fields Parish Office, St Saviour Battersea Park Church 351 Battersea park Road, London SW11 4LH **t:** 020 7720 9076 **e:** office@batterseafields.org ## **Vicar** Revd Leighton Carr **e:** leighton@batterseafields.org ## **Associate Vicar** Very Revd Anand Asir **e:** anandjessie@yahoo.co.uk PAGE 2 ## **Welcome** Dear reader, The big news this year was the opening of Battersea Power Station to the public as a new shopping and town centre. It was all razmataz and drama, with choirs and celebrities and local people all jostling around for a bargain. Children from the parish school St George’s were there alongside the dignitaries and it marked the beginning of the next phase of the redevelopment. The three churches in the parish all made headway in the first full year after COVID, although the impact of lockdowns and that disruption can still be see in the lower numbers of people attending church today. New initiatives were started in staffing and outreach, closer ties were made with partners, and generally the churches were in good heart, even though it has been a challenging environment. Several of our projects are mentioned in this report. It remains our vision: to create in the parish _**A Family of Neighbourhood Churches** ,_ where traditional and new congregations can celebrate their unique identity within the family of churches while sharing resources and values of worship, fellowship, service and mission. As Nine Elms reaches a new phase in its completion, the churches are challenged once again to respond with creative skills complemented by regular worship. The report below only gives a flavour of the work of the parish. If you would like to find out more please do not hesitate to contact me through the parish office. With best wishes Revd Leighton Carr _Vicar Battersea Fields & Nine Elms on the South Bank_ PAGE 3 ## **Battersea Fields Parish in 2022** Battersea Fields Parish is host to the largest part of the Nine Elms on the South Bank redevelopment. The parish now includes a new shopping centre at Battersea Power Station to add to the new US Embassy opened several years ago. New Covent Garden Market is being fully redeveloped, and numerous other development sites for housing, retail, leisure and commerce are coming to completion especially around the Nine Elms Linear Park which runs through the parish and connects Vauxhall with Battersea along an elegant natural walkway. The parish also continues to grow as a large international community, bring even more diversity to an area that was already mixed culturally. As well as these regenerated areas the parish has eight large traditional estates, two of which have been historically among the least well off in the borough. Across these areas too there has been a move towards creating a greater sense of community partly funded by the new Nine Elms development to the north, but also as a result of changing demographics in current estates. It is in this context that the three churches in the parish – All Saints, St Saviour and St George - continued to look for new ways of connecting with local people while growing in worship and fellowship in a variety of traditions across the parish. All Saints was strengthened by closer ties with the Filipino Chaplaincy which started several years ago and continued to develop its rich catholic tradition. St Saviour worships in a central evangelical tradition and started to focus on improving its presence in the area through improving some outdates aspects of its buildings and developing closer ties with the local community centre. St George continued to focus on being a well connected community church by deepening its links with the parish school and through its work on the traditional estates and the new Nine Elms communities. The work of the parish office continued to develop alongside the work of the churches. New projects were started to reach out to new residents in the area. During the year the parish office prepared a new strategy for staffing to develop further the platform on which new discipleship communities can begin and flourish. The restructured finances and systems continued to be streamlined to provide avenues for funding and support and connection. Overall, with the work done by each of the churches and by the parish office it was a busy year. The effects of COVID continue to be felt in lower numbers and a different mix of people attending church, but the work has continued at a good pace and with a confident view of continued ministry in the future. PAGE 4 ## **Main Changes in 2022** Thinking about the changes in parish life in 2022 the first would be the opening of Battersea Power Station as a new shopping centre. Less dramatic but just as important were two changes in ministry relationships within the parish. ## **Battersea Power Station** T _he Power Station opened in October 2022 in a blaze of publicity._ The King and Queen of Malaysia were hosted at a formal event in the Power Station and the Kingston Archdeacons attended. It was a dramatic event with performers and presentations to a global and local audience. Later in the week the doors were opened to shoppers at a public launch event. People made the most of opening day bargains! St George’s children were invited guests along with our local MP and other special guests. IN the first weekend over 250,000 people travelled into the parish through the new tube station. All of a sudden the buses that bring us to church became full on Sundays. ## **New parishioners in new developments** Battersea Power Station is now 45% complete and it is estimated that it will take another 10 years to finish the development. Apart from the power station a large number of new apartments were finished in the parish this year and 1000s of residents moved in during the year. The challenge of mission in the area is intensifying. ## **Nine Elms Arts Ministry independence** Moving to church life, another big change introduced in 2022 was the separation of the Nine Elms Arts Ministry from the parish. During the year the PCC were asked to respond to a consultation on a Bishop’s Mission Order for NEAM. At the end of the year the BMO was agreed and the ministry becomes an independent partner in 2023. PAGE 5 **Achievements and Performance** **Achievement and Performance through the local church** **----- Start of picture text -----**
PAGE 6
**----- End of picture text -----**
## Your local church – St Saviour ## **St Saviour** St Saviour is a welcoming church and is aiming to connect with more neighbours so they can experience God’s love first hand. The two biggest projects in 2022 focused on improving the buildings. A lot of work was required to improve the building including power upgrades and repairs to the bell tower. The February storms caused serious damage to the tiling on the tower and improvement works elsewhere were put on hold while that was being addressed. Designs are now underway for a reordering of the front entrance and to provide new first floor space inside. St Saviour’s main outreach work is in the local estates where some good partnerships have been formed and church members help run the roof garden and the community hub in Doddington. Global Women meets weekly for fellowship and reaches a lot of women in the area, and it includes members from all three churches in the parish. St Saviour’s aspirations to grow are underpinned by values of welcome and nurture, and in 2023 they want everyone to grow spiritually, emotionally, intellectually, and with a sense of physical wellbeing PAGE 7 ## Your local church – All Saints ## **All Saints** Worship at All Saints has remained inclusive in the liberal catholic tradition. It includes a variety of liturgical items to enable people to worship God meaningfully and includes children’s participation and lay involvement. All Saints offers many ways to explore spirituality ranging from prayers led on zoom, to retreat days and seasonal celebrations. During Christmas and Easter, All Saints was able to support people in need and hardship. It also hosts the Battersea Befriending Network which supports people in the community suffering isolation and marginalisation because of mental ill health. BBN have begun to hold monthly group activities such as “drop ins” at a local café, church or community centre. The Filipino Chaplaincy was established in All Saints to serve Filipinos in south London. Today the Filipinos are fully integrated into All Saints as part of the congregation and leadership and are now called the Filipino Community in All Saints. As well as worshipping as part of All Saints there continues to be bi-weekly Taglog worship. A fully integrated congregation is part of the vision and mission of All Saints. One of the wonderful characteristics of All Saints is its generosity to other Christian causes. Every week half of the offering is given away and in 2022 over 33 charities were supported in the UK and abroad. PAGE 8 ## Your local church – St George ## **St George** In 2022 St George moved closer to its vision of being a vibrant **Global Village Church** , one that is _International, Local and Personal_ . It offers welcoming, creative and inspirational worship inside and outside church, where individuals can grow in their personal lives to live a purposeful life. In 2022 the church explored what it meant to be an authentic local church for its community which led it to set up two projects that serves local people. The first is a homework club with evening meal for local children. This was hosted in partnership with the parish school and brought around 15 children into the church every week to be helped with their homework The other is Foodie Friday, a project to provide food donated by supermarkets and charities to local people in need. This project has support from Comic Relief and in 2022 was the subject of several features in the Evening Standard and by Sarah Cox on Radio 2. A big step towards setting up a families and children’s centre was taken when St George entered into a formal partnership with the youth charity Red Ballon to take on Simon Peter Ekayangulhu as a community families’ worker in the area PAGE 9 ## Your local church – Parish Office ## **Parish Office** Each church reports on its progress at its Annual Meeting of Worshippers. The APCM allows us to see projects across the parish and here are just a few. ## **www.nineelms.org** A parish led team has been running a community website for the wider parish since 2019. It gives helpful information on events and it has helped us connect with local organisations such as World Heart Beat and Wandsworth Local Authority. In 2022 it sent out a regular newsletter every 6 weeks to a growing number of local people who have signed up to the website. ## **The Living Room** The Living Room is a pop up approach to creating places for local people to meet for faith and friendship. It uses different venues wherever The Living Room team open up the space. The first regular Living Room gathering was the grant funded afterschool club which began in 2022. Since then several other venues have been used and the aim is to grow The Living Room in 2023 to include groups for fellowship and worship. ## **The Prayer Line Project** Using grant funds awarded in 2022 a project was developed to reach out to new residents in Nine Elms with an offer of personal prayer. Around 11,500 new residents live in the area near the US Embassy and the project aims to get a flyer into every home with the invitation “ _We’ll Pray for You Today”_ . ## **The Happiness Garden** The Happiness Garden was initiated by the local church in 2018 and developed by our Pioneer Curate Revd Vanessa Elston. The Happiness Garden at St George was formally opened by the Mayor of Wandsworth in May 2022. It was a great event with visitors including the Lady Lieutenant of Wandsworth and guests and neighbour from the area. St George’s children have loved playing in the garden and enjoy forest school activities like bivouacking, camp fires and outdoor cooking, and learning about nature PAGE 10 ## Practical areas ## **Practical Details** ## **Membership** The official membership of the parish was 210 adults at the end of 2022 but many more visitors came to church in 2022. The largest single event held in 2022 was the visit of the whole of the parish school to St George’s at Christmas, bringing 230 children and staff to church. ## **Staffing** At the end of 2022 two people were working part time on behalf of the parish. Angela helped part time with administration. Sosy worked on bookkeeping and accounts. The parish has two clergy posts of the Vicar and Associate Vicar. ## **Financial Statement** St Saviour and All Saints have sets of accounts which are independently examined because their turnover exceeds the threshold set by Charities Commission. St George and the Parish accounts fall under that threshold and so will be independently checked by the external examiner for the parish when he prepares an aggregate statement of accounts for the Charities Commission. ## **Giving** Churches fund their mission and ministry through the giving of church members and regular monthly giving helps the leadership team to plan throughout the year. Every member of each church needs to think this through if we are to become sustainable worshipping communities for the long term. ## **Wardens** The wardens for the current year are Richard Trout and Vasantha Gnanadoss (All Saints), Patricia Trusty (St Saviour) and Lorna Ashley (St George). Deanery Synod Reps are Ken Obi and Stanley Annan(All Saints) and Clara Manly-Spain and Steve Clarke (St Saviour) ## **Safeguarding** There were no critical incidents in 2022 and the PCC 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) PAGE 11 ## Practical areas ## **Governance** ## **Aims and Purposes** The Parochial Church Council is a corporate body established by the Church of England. The PCC operates under the Parochial Church Council Powers Measure. The Battersea Fields Parochial Church Council (PCC) has the responsibility of cooperating with the incumbent, the Reverend Leighton Carr, in promoting in the ecclesiastical parish the whole mission of the Church - pastoral, evangelistic, social and ecumenical. The PCC is responsible for making decisions on areas of general concern and importance to the parish. There are no sub-committees and each church has a Local Church Council which makes decisions about the day-to-day running of the church, including how to raise and spend funds. ## **Parish Church Council membership** The following trustees served on the PCC from 1[st] January to 31[st] December 2022 ## **Clergy** |1. Leighton Carr|_Vicar_| |---|---| |_2. _Anand Asir|_Associate Vicar_| |**rdens**|| |_3. _Vasantha Gnanadross|_Elected Churchwarden (also Diocesan Synod)_| |_4. _Richard Trout|_Elected Churchwarden_| |_5. _Patricia Trusty|_Elected Churchwarden_| |_6. _Steven Clarke|_Elected Churchwarden_| |_7. _Lorna Ashley|_Elected Churchwarden_| ## **Wardens** ## **Synod Representatives** |**ynod Representatives**|| |---|---| |_8. _Clara Manley-Spain|_Ex officio Deanery Synod_| |_9. _Kenneth Obi|_Ex officio Deanery Synod_| |10. Helen Trout|_Ex officio Deanery Synod_| |**hurch Representatives**|| |_11. Helen Lewis_|_Elected PCC Representative St Saviour_| |_12. Judith Clarke_|_Elected PCC Representative St Saviour_| |_13. Johanna Clarke_|_Elected PCC Representative St Saviour_| |_14. Patsy Brown_|_Elected PCC Representative All Saints_| |_15. Wendy Orr_|_Elected PCC Representative All Saints_| |_16. Stanley Annan_|_Elected PCC Representative All Saints_| |_17. Sharon Hunt_|_Elected PCC Representative St George_| |_18. Marho Gere_|_Elected PCC Representative St George_| |_19. Steve Macklin_|_Elected PCC Representative St George_| ## **Church Representatives** PAGE 12 ## Practical areas ## **Church Membership** In 2019 a full revision of membership of the churches was required by the Church of England. In 2021more members were added to the electoral roll. The rules for joining the electoral roll as out in the Church Representation Rules. To join the electoral roll a person must either live in the parish or have attended worship in the church regularly for six months. The Electoral Roll officer at each church is responsible for supervising the process of compiling the new roll each year and ensuring each church follows current Church of England regulations. The electoral roll of the parish of Battersea Fields is one roll with three parts, one part for each church. The changes made to the electoral roll are as follows: ||_Roll in 2018_|_Members_
_Leaving Roll in_
_2019_|_New Roll in_
_2019_|_Roll in_
_2020_|_Roll in_
_2021_|_Roll in_
_2022_| |---|---|---|---|---|---|---| |_St Saviour_|103|41|70|70|70|70| |_St George _|74|43|44|43|43|45| |_All Saints_|77|33|82|102|105|105| |_TOTAL_
_ON_
_ELECTORAL_
_ROLL_|256|117|196|215|218|220| ## **Safeguarding** Our Parish Safeguarding Officers are Lorna Ashley, Revd Jessie Anand and Helen Lewis. Safeguarding is overseen in accordance with all current legislation and guidance and no safeguarding issues have been reported in 2021. ## **Finance Structures** The parish has diversified its finance structure to allow for greater clarity in funding new projects. A central parish bank account was opened in 2018, and new accounts to serve mission purposes are used for work in Nine Elms. ## **Buildings** The buildings of all churches were generally in good condition requiring only minor repairs. PAGE 13 ## Parish Accounts ## **Parish Accounts** ## **2022 Annual Report and Accounts** ## **Finance** The Parish’s total unrestricted income rose by £21,000, due to increases of £11,000 in property income and £15,000 in Gift Aid tax recoveries, the latter mainly representing receipt of amounts due for prior years. Giving by church congregations fell by £5,000 to £48,000. Expenditure was £35,000 higher at £203,500 due to additional spending of £16,974 on mission activities, including the Homework Club at St George’s Church, and of £8,021 on IT and communications due to the upgrade of systems at All Saints’ Church. Before unrealised losses on investments there was a net deficit of £7,617 on unrestricted funds in 2022, a surplus of £5,172 on restricted funds and a deficit of £774 on designated funds. Investment losses in the year amounted £31,022, leading to an overall reduction in the Parish’s net assets from £2.08m to £2.05m. The Parish’s major investment is in property, valued at £1.55m. Other investments are in charity equity funds and charity deposit accounts. The Parish is a long term holder and has noted that the fall in value of the more easily realisable holdings in 2022 was less than the unrecognised gains in 2021, so no significant changes in policy are required. The PCC is satisfied that the Parish’s overall financial position is strong. PAGE 14 ## Parish Accounts ## **THE PARISH OF BATTERSEA FIELDS** ## **TRUSTEES' RESPONSIBILITIES STATEMENT** The trustees are responsible for preparing the trustees' report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). The law applicable to charities in England and Wales requires the charity trustees to prepare financial statements for each year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, of the charity for that period. In preparing these financial statements, the trustees are required to: - select suitable accounting policies and then apply them consistently; - observe the methods and principles in the applicable Charities SORP; - make judgments and accounting estimates that are reasonable and prudent; - state whether applicable UK Accounting Standards have been followed, subject to - any material departures disclosed and explained in the financial statements; • prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business. The trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the charity's transactions and disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the applicable Charities (Accounts and Reports) Regulations, and the provisions of the Trust Deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. The trustees' annual report was approved on 31[st] October 2022 and signed on behalf of the trustees of the Parish by: Revd Leighton Carr Vicar of Battersea Fields PAGE 15 ThE PARISH OF BATTERSEA FIEIIIS Independent Examiner's re￿rt to the par￿h181 Church Council of the Parish of Battersea Fields I report on the accounts of the PCC for the year ended 31 December 2022, whlth are set out on pages 17 to 27. In doing 50 I have relied on the separate independerrt examlnatlons of the accounts of All Saints, Church carried out by Mr5 Chandra Nimalanandan and of the accounts of St Savlourfs carried out by S Ahmed ACA FCCA of LPS Livingstone Chartered Accountants. Respective responsibilities of trnstees and examiner The charitvs trustees are responsible for the preparation of the accounts. The charl￿S tru5tee5 conslder that an audlt Is not fequlred for this year lurKler 5ertlon 43121 of the Charitie5 Art 1993 Ithe Act) as amended by s.28 of the CharIt￿S Act 2W614nd that an Independent e¥aminatlon is needed. It Is my responslblllty= To examine the accounts (under seclk)n 43 ofthe A¢ as arneTrdedl; To follow the procedures lald down In the General Directlons glven bythe Charlty Commtsslon lunder Sectlon 431711bl of the Act. as amended): and To state whether partkular matters ha¥e come to my attentk•n. Basis of independent examiner's Teport My examination was carried out in accordance with the General Directions given by the Charity Commisslon. An examination indudes a review of the ac¢ountin8 records kept by the charity and a comparlson of the accounts presented wlth those records. It also Indudes conslderatlon of any unusual Items or di5c105ures in the accounts, and 5eekirs e¥planaUons from the trustees concemln8 any such matters. The procedures undertaken do not Pr￿de all the wAdence that would be requlred In an audrt. and consequendy I do not express an audlt oplnion on the accounts. Independent examiner's statement In the course of my examlnatlon. no matter has come to my attentSon,' iii whlth 8lves me reasonalAe ¢au5e to thaL In any material respect. the trustees hav• not met the requlrernents to ensure that: proper accountin8 records are kept lin accordance with Sertion 41 of the Act),. and accounts are prepared whith agree with the accounting records and comply with the accountlng requirements of the ALt to which, In my opinion. attents"¢n should be drawn In orderto enable a proper understandln8 of the accounts to be reached. 12} Rlthard Holman thartered Accountant 11 Genoa Avenue, Putney. London SWIS 60Y Date: Qi tsf 2023 The #otes OU P•8es 19 to 27 forn p*rtof thw¢ Iln•ncknl ststemelll& -16- ## **THE PARISH OF BATTERSEA FIELDS STATEMENT OF FINANCIAL ACTIVITIES** ## **31 DECEMBER 2022** |||||**2022**|||2021| |---|---|---|---|---|---|---|---| |||Unrestricted|
Restricted||Designated|**Total funds Total funds**|| |||funds||funds|funds||| ||**Note**|
**£**||**£**|**£**|**£**|**£**| |**Income and endowments**|||||||| |Donations and legacies|**4**|65,803||-|-|65,803|57,076| |Charitable activities|**5**|35,982||-|-|35,982|40,465| |Other trading activities|**6**|71,311||-|-|71,311|60,558| |Investment income||12,865||5,065|75|18,005|16,374| |Fundraising||4,870||-|-|4,870|2,665| |Other income||5,069||107|-|5,176|4,312| |||-------------------------------------||-------------------------------|-------------------------------|-------------------------------------|-------------------------------------| |**Total income**||195,900||5,172|75|201,147|181,450| |||=====================================||===============================|===============================|=====================================|=====================================| |**Expenditure**|||||||| |Expenditure on charitable activities:|**7**||||||| |Mission||41,087||-|-|
41,087|29,631| |Staffing||73,744||-|
-|
73,744|70,354| |Administration||9,666||-|
-|
9,666|8,725| |Property maintenance and upkeep||46,372||-|
849|47,221|45,650| |Communications and IT||22,862||-|
-|22,862|14,841| |Other expenses||9,786||-|
-|
9,786|5,832| |||-------------------------------------||--------------------------------|-------------------------------|-------------------------------------|-------------------------------------| |**Total expenditure**||203,517||-|849|204,366|175,033| |||=====================================||===============================|===============================|=====================================|=====================================| |Unrealised net gains/(losses) on|||||||| |investments|**8**|-||(22,530)|(8,492)|(31,022)|37,976| |||-------------------------------------||-------------------------------|-------------------------------------|-------------------------------------|-------------------------------------| |**Net incoming/(outgoing) resources**||(7,617)||(17,358)|(9,266)|(34,241)|44,393| |||=====================================||===============================|=====================================|=====================================|=====================================| |Transfers between funds||(5,214)||(1,786)|
7,000|–|–| |**Other recognised gains and losses**|||||||| |Other recognised gains/(losses)||–||–|–|
–|–| |||-------------------------------------||-------------------------------|-------------------------------------|------------------------------------|-------------------------------------| |**Net movement in funds**||(12,831)||(19,144)|(2,266)|(34,241)|44,393| |**Reconciliation of funds**|||||||| |Total funds brought forward||1,622,435||236,363|228,962|2,087,760|2,043,367| |||-----------------------------------------------||-------------------------------------|-----------------------------------------------|-----------------------------------------------|----------------------------------------------| |**Total funds carried forward**||1,609,604||217,219|226,696|2,053,519|2,087,760| |||===============================================||=====================================|===============================================|===============================================|===============================================| The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities. **The notes on pages 19 to 27 form part of these financial statements.** PAGE 17 |**FIXED ASSETS**
Tangible fxed assets
Investments
**CURRENT ASSETS**
Cash on sh01t term deposit
Cash at bank and in hand
**CREDITORS: amounts flling due within one**
**year**
**NET CURRENT ASSETS**
**11**
**12**
**13**
**TOTAL ASSETS LESS CURRENT LIAILITIES**
**FUNDS OF THE CHARITY**
Restricted fnds
**16**
Designated fnds
**15**
Unrestricted fnds
**15**
**Total charity fnds**
**2022**
£
61,881
139,274
201,155
(-)|
2021
£
£
1,550,000
1,550,000
302,364
335,541
1,852,364
1,883,541
57,695
146,682
204,377
(158)
201,155
204,219
2,053,519
2,087,760
217,219
236,363
226,696
228,962
1,609,604
1,622,435
2,053,519
2,087,760| |---|---| These financial statements are a consolidation of the separate accounts of the churches within the Parish of Battersea Fields, which have been approved by the relevant governance bodies. They are authorised for issue on 31'' October 2023 and are signed on behalf of the Parish by: _e. ?_ _**-** -� ��":'.>'.\_ -.\ _[c]_ PATRICIA TRUSTY REVD LEIGHTON CARR Vicar of Battersea Fields Parish Treasurer **The notes on pages 17 to 27 form part of these financial statements.** PAGE 18 **THE PARISH OF BATTERSEA FIELDS NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2022** ## **1. GENERAL INFORMATION** The charity is registered charity in England and Wales (no: 1130423) and is unincorporated. The address of the principal office is Parish of Battersea Fields, 11Patmore Street, London SW8 4JD. ## **2. STATEMENT OF COMPLIANCE** These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland', the Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (Charities SORP (FRS 102)) and the Charities Act 2011. ## **3. ACCOUNTING POLICIES** ## **Basis of preparation** The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and a property measured at market value at the end of the accounting period. Rounding differences of £1 may occur in the notes to the accounts. ## **Going concern** There are no material uncertainties about the charity's ability to continue as a going concern. ## **Fund accounting** ## Restricted Fund: A restricted fund is a fund subject to specific trusts (e.g. by a letter from the donor at the time of gift). It may be a capital fund, which cannot be spent but must be retained for the benefit of the church, or it may be an income fund, which must be spent on the specified purpose within a reasonable time. ## Unrestricted funds: All funds held for general purposes are known as unrestricted funds to distinguish them from restricted funds. The church's unrestricted funds are therefore those which are held for spending at the PCC's discretion. These include any further funds which the PCC has designated for particular purposes. ## Designated fund: If the PCC sets aside part of its unrestricted funds for a particular project it may place these in a separate unrestricted fund called a designated fund. All unrestricted funds comprise income funds which the PCC must spend within a reasonable time. ## **Incoming resources** ## Voluntary income: Collections are recognised when received by or on behalf of the PCC. Tax recoverable under Gift Aid is recognised when the income is recognised. Other, non-specific donations are recognised when received. Funds raised by fetes, quiz nights and similar events are accounted for gross. PAGE 19 **NOTES TO THE FINANCIAL STATEMENTS** _**(continued)**_ ## **THE PARISH OF BATTERSEA FIELDS** ## **YEAR ENDED 31 DECEMBER 2022** ## Other income: - Rental income from the letting of property is recognised in the period to which the rental relates. - Dividend income is accounted for when due and payable. Bank interest is recognised and recorded in the financial statements as the income is received. Realised gains and losses on investments are recognised when the investments are sold. Unrealised gains or losses are accounted for on revaluation of investments at 31 December 2022. ## **3. ACCOUNTING POLICIES** ## **Resources expended** ## Expenditure Generally Expenditure is included on an accruals basis and is recognised when there is a legal or constructive obligation to pay for expenditure. ## Grants Grants and donations are accounted for when paid over, or when awarded, if that award creates a binding obligation on the PCC. ## Activities directly relating to the work of the Church The Diocesan Parish share is accounted for in the year to which it relates. Any Parish share unpaid at 31 December is provided for as an operational liability, and is shown as a creditor in the balance sheet. ## **Tangible assets** ## Consecrated property and moveable church furnishings Consecrated and beneficed property of any kind is excluded from the accounts by section 10 (2)(c) of the Charities Act 2011. This comprises All Saints' Church, Prince of Wales Drive, St George's Church, Patmore Street and St Saviour's Church, Battersea Park Road and their land. Moveable church furnishings held by the Vicar and Church wardens on special trust for the PCC, and which require a faculty for disposal, are accounted as inalienable property unless consecrated. For inalienable property acquired prior to 2000 there is insufficient cost information available and therefore such assets are not valued in the accounts. Items acquired since January 2000 are capitalised only if their individual value exceeds £1,000. Improvements to consecrated or beneficed buildings costing less than £1,000 are included in the resources expended in the year in which they are incurred. All maintenance and repairs are also included in the resources expended in the SOFA for the year in which the expenditure arises. Individual items of church office equipment, including computers, and furniture used within the Church premises with a purchase price of £1,000 or below are not capitalised, and thus are included as revenue expenditure in the SOFA in the year of purchase. If any items with a purchase price in excess of £1,000 are acquired they will be depreciated on a straight line basis over their expected life. ## **Freehold Property** The house owned by the Parish is shown at estimated market value at 31st December 2021. The estimate has been arrived at by the trustees on the basis of online price information. PAGE 20 **THE PARISH OF BATTERSEA FIELDS** **NOTES TO THE FINANCIAL STATEMENTS** _**(continued)**_ **YEAR ENDED 31 DECEMBER 2022** ## **Investments** Investments are revalued to market value at 31 December 2022. ## **Current assets** Amounts, if any, owing to the PCC at the year end in respect of fees, rents, or other income are shown as debtors, less provision for any amounts that may prove uncollectible. Short term deposits include cash held on deposit with the CBF Church of England Funds and with CCLA and the Post Office. ## **Financial instruments** A financial asset or a financial liability is recognised only when the charity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the amount receivable or payable including any related transaction costs. Current assets and current liabilities are subsequently measured at the cash or other consideration expected to be paid or received and not discounted. Where investments in shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in income and expenditure. All other such investments are subsequently measured at cost less impairment (if any). Other financial instruments are subsequently measured at fair value, with any changes recognised in the statement of financial activities. Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised under the appropriate heading in the statement of financial activities in which the initial gain was recognised. For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets are either assessed individually or grouped on the basis of similar credit risk characteristics. Any reversals of impairment are recognised immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised. PAGE 21 ## **THE PARISH OF BATTERSEA FIELDS** ## **NOTES TO THE FINANCIAL STATEMENTS** _**(continued)**_ **YEAR ENDED 31 DECEMBER 2022** ## **4. DONATIONS & LEGACIES** ||Unrestricted|Restricted|Designated||**Total Funds**| |---|---|---|---|---|---| ||Funds|Funds|Funds||**2022**| ||£|**£**|£||£| |Donations|47,870|-||-|
47,870| |Gift Aid tax recovery|17,933|-||-|
17,933| |Legacies|-|-||-|
-| ||-------------------------------|-------------------------------|-------------------------------||-------------------------------| ||65,803|-||-|
65,803| ||===============================|===============================|===============================||===============================| ||Unrestricted|Restricted|Designated||Total Funds| ||Funds|Funds|Funds||2021| ||£|**£**|£||£| |Donations|52,676|1,615||-|
54,291| |Gift Aid tax recovery|2,785|-||-|
2,785| |Legacies|-|-||-|
-| ||-------------------------------|-------------------------------|-------------------------------||-------------------------------| ||55,461
===============================|1,615
===============================|-
===============================||
57,076
===============================| ## **5. INCOME FROM CHARITABLE ACTIVITIES** ||Unrestricted|
**Total Funds**|Unrestricted|Total Funds| |---|---|---|---|---| ||Funds|
**2022**|Funds|2021| ||£|**£**|£|£| |Church Lettings|35,300|
35,300|39,312|39,312| |Wedding/Funeral Fees|682|
682|1,153|1,153| ||-------------------------------|-------------------------------|-------------------------------|-------------------------------| ||35,982|
35,982|40,465|40,465| ||===============================|===============================|===============================|===============================| ## **6. INCOME FROM OTHER TRADING ACTIVITIES** ||Unrestricted|
**Total Funds**| |---|---|---| ||Funds|
**2022**| ||£|**£**| |Lettings - Fundraising|23,721|
23,721| |Rent from land or buildings|47,590|
47,590| ||-------------------------------|-------------------------------------| ||71,311|
71,311| ||===============================|=====================================| ||Unrestricted|
Total Funds| ||Funds|
2021| ||£|£| |Lettings - Fundraising|8,323|
8,323| |Rent from land or buildings|52,235|
52,235| ||-------------------------------|-------------------------------------| ||60,558|
60,558| ||===============================|=====================================| PAGE 22 ## **THE PARISH OF BATTERSEA FIELDS** ## **NOTES TO THE FINANCIAL STATEMENTS** _**(continued)**_ ## **YEAR ENDED 31 DECEMBER 2022** ## **7. EXPENDITURE ON CHARITABLE ACTIVITIES** ||Unrestricted|Restricted|Designated|**Total Funds**| |---|---|---|---|---| ||Funds|Funds|Funds|**2022**| ||£|£|**£**|**£**| |Missionary and Charitable Giving|19,059|-|-|19,059| |Other mission costs|13,723|-|-|13,723| |Clergy expenses|3,664|-|-|3,664| |Homework Club|4,641|-|-|4,641| |Parish Support Fund|66,552|-|-|66,552| |Salaries - Lay staff|7,192|-|-|7,192| |Office and administration|9,666|-|-|9,666| |Light, Heat & Water|11,081|-|-|11,081| |Insurance|8,641|-|849|9,490| |Maintenance - Buildings and Grounds|19,522|-|-|19,522| |Cleaning and Waste Disposal|6,714|-|-|6,714| |Other church expenses|5,981|-|-|5,981| |Website|443|-|-|443| |Communications and IT|22,419|-|-|22,419| |Professional fees|2,456|-|-|2,456| |Other expenses|1,533|-|-|1,533| ||-------------------------------------|-------------------------------|-------------------------------|-------------------------------------| ||203,287|-|849|204,136| ||=====================================|===============================|===============================|=====================================| ||Unrestricted|Restricted|Designated|Total Funds| ||Funds|Funds|Funds|2021| ||£|£|£|£| |Missionary and Charitable Giving|16,360|2,250|-|18,610| |Other mission costs|7,753|3,268|–|11,021| |Parish Support Fund / Fairer Shares|64,400|–|–|64,400| |Salaries - Lay staff|5,954|–|–|5,954| |Office and administration|8,725|–|–|8,725| |Light, Heat & Water|8,900|–|–|8,900| |Insurance|8,203|–|792|8,995| |Maintenance - Buildings and Grounds|16,808|–|-|16,808| |Temporary and new heating|1,140|-|-|1,140| |Cleaning and Waste Disposal|6,743|–|–|6,743| |Other church expenses|3,064|–|–|3,064| |Website|8,896|-|-|8,896| |Communications and IT|5,944|-|-|5,944| |Other expenses|5,833|–|–|5,833| ||-------------------------------------|-------------------------------|-------------------------------|-------------------------------------| ||168,723|5,518|792|175,033| ||=====================================|===============================|===============================|=====================================| PAGE 23 ## **THE PARISH OF BATTERSEA FIELDS** ## **NOTES TO THE FINANCIAL STATEMENTS** _**(continued)**_ ## **YEAR ENDED 31 DECEMBER 2022** ## **8. NET GAINS/(LOSSES) ON INVESTMENTS** ||Unrestricted|Restricted|Designated|**Total Funds**| |---|---|---|---|---| ||Funds|Funds|Funds|**2022**| ||£|£|£|£| |Gains/(losses) on listed investments|-|(22,530)|(8,492)|
(31,022)| ||===============================|===============================|===============================|==========================| ||Unrestricted|Restricted|Designated|Total Funds| ||Funds|Funds|Funds|2021| ||£|£|£|£| |Gains/(losses) on listed investments|-|24,073|13,903|37,976| ||===============================|===============================|===============================|==========================| ## **9. STAFF COSTS** The total staff costs and employee benefits for the reporting period are analysed as follows: ||**2022**|2021| |---|---|---| ||**£**|£| |Wages and salaries|7,192|5,954| |Parish Support Fund|66,552|64,400| ||-------------------------------|-------------------------------| ||73,744|70,354| ||===============================|===============================| |The average head count of employees during the year was one (2021: one). The averag||| |number of full-time equivalent employees during the year is analysed as follows:||| ||**2022**|2021| ||**No.**|No.| |Number of administrative staff|Less than 1 Less than 1|| ||================|================| The average head count of employees during the year was one (2021: one). The average number of full-time equivalent employees during the year is analysed as follows: The clergy are not direct employees of the Parish. The Parish contributes to their stipends and pension funds through the Diocesan Parish Support Fund. ## **10. TRUSTEE REMUNERATION AND EXPENSES** During the year no member of the PCC received any reimbursement of expenses or remuneration. Parish clergy are employed by the Church Commissioners and are therefore not regarded as employees of the PCC. ## **11. FIXED ASSETS** The Parish owns a residential property in Battersea, income from which is accumulated for special projects or major maintenance. PAGE 24 ## **12. INVESTMENTS** |**INVESTMENTS**|| |---|---| ||Listed| ||investments| ||£| |**Cost or valuation**|| |At 1 January 2022|335,541| |Movements during the year (net)|(2,155)| |Unrealised losses on revaluation|(31,022)| ||-------------------------------------| |**At 31 December 2022**|302,364| ||=====================================| All investments shown above are held at valuation. ## **13. CREDITORS: amounts falling due within one year** |**CREDITORS:** **amounts falling due within one year**|||| |---|---|---|---| ||**2022**||2021| ||**£**||£| |Trade creditors and accrued expenses||-|158| ||-------------------------------||-------------------------------| |||-|158| ||===============================||===============================| ## **14. PENSIONS AND OTHER POST RETIREMENT BENEFITS** The Parish has no lay staff earning at a level of pay that requires the setting up of pension arrangements. Clergy pensions are managed by the central organisation of the Church of England. ## **15. ANALYSIS OF CHARITABLE FUNDS** ## **Unrestricted funds** ||||||Gains||**At 31**| |---|---|---|---|---|---|---|---| ||At 1 January||||and||**December**| ||2022|Income|Expenditure|Transfers|losses||**2022**| ||£|£|£|£|£||£| |General funds:|||||||| |St Saviour's|7,746|78,666|
(76,561)|4,700||-|
14,551| |St George's|21,300|16,908|
(23,679)|2,086||-|
16,615| |All Saints'|1,573,257|91,191|
(85,891)|(12,000)||-|1,566,557| |Parish|8,385|845|
(6,742)|-||-|
2,488| |Nine Elms Community|||||||| |Development Fund|11,747|8,290|
(10,644)|-||-|
9,393| ||-----------------------------------------------|-------------------------------------|-------------------------------------|-------------------------------|-------------------------------||----------------------------------------| ||1,622,435|195,900|
(203,517)|(5,214)||-|1,609,604| ||= ==============================================|=====================================|=====================================|===============================|===============================||=====================================| PAGE 25 ## **Designated Funds** |**gnated Funds**||||||| |---|---|---|---|---|---|---| ||||||Gains|**At 31**| ||At 1 January||||and|**December**| ||2022|Income|Expenditure|Transfers|losses|**2022**| |St Saviour's - maintenance|85,108|75|-|(5,000)|-|
80,183| |All Saints':||||||| |Cupar Road|90,671|12,000|(849)|-|(6,387)|
95,435| |Bluebell Nursery|23,098|-|-|-|(2,105)|
20,993| |Maintenance|29,845|-|-|-|-|
29,845| |All Saints Discretionary||||||| |fund|240|-|-|-|-|
240| ||----------------------------------|----------------------------|-------------------------------------|-------------------------------|-------------------------------|-----------------------------------------------| ||228,962|12,075|
(849)|(5,000)|(8,492)|
226,696| ||=================================|=============================|=====================================|===============================|===============================|===============================================| ## **16. RESTRICTED FUNDS** ||||||Gains|**At 31**| |---|---|---|---|---|---|---| ||At 1 January||||and|**December**| ||2022|Income|Expenditure|Transfers|losses|**2022**| ||£|£|£|£|£|£| |_St Saviour's:_||||||| |Special Donations|17,568|16|
-|300|-|
17,884| |Orkney Street hall|32,417|861|
-|-|(3,835)|
29,443| |Church hall|6,922|91|
-|-|-|
7,013| |_St George's:_||||||| |St George's Hall|58,190|1,528|
-|
(1,527)|(6,808)|
51,383| |St James's Hall|17,732|464|
-|
(462)|(2,061)|
15,673| |Miss Graham Fund|3,695|97|
-|(97)|(433)|
3,262| |Burial Grounds|99,839|2,115|
-|-|(9,393)|
92,561| ||-------------------------------------|-------------------------------|-------------------------------|-------------------------------|-------------------------------------|-------------------------------------| ||236,363|5,171|
-|(1,786)|(22,530)|
217,219| ||=====================================|===============================|===============================|===============================|=====================================|=====================================| Special Donations – this is money that has been given for a specific purpose such as Youth Work. Orkney Street Hall - This fund was for the up-keep of Orkney Street Hall, originally a school for the poor built in 1866.The hall was acquired by compulsory purchase in the 1940's. Income is available for use by the Parish and capital is accumulated for capital projects. Church Hall - In September 1980, the parish decided to redevelop St. Saviour’s Church site by selling the Church Hall and remodelling, repairing the Church as a dual purpose site. A 99 year lease was granted to Threshold Housing Association and completed in March 1983 for a premium of £62,500. A Charity Commissioner's Scheme dated 10th March 1983 allowed the premium to be used towards defraying the cost of improving, converting and extending the Parish Church. St George's Hall - By a Charity Commission Scheme sealed 14th April 1959, it was agreed that the St. George’s Mission Hall, comprised in a conveyance dated 17th April 1866, could be sold and the capital applied in or towards defraying the cost of providing a new hall or enlarging or adapting any existing church hall in the parish. Income can be expended on any ecclesiastical purpose. The hall was sold in March 1969 for a net sum of £15,260. St James's Hall - This hall was sold around Sept 1958 for £4,000. Capital can only be spent on approved capital items Income is available to the Parish for any ecclesiastical purpose. The bulk of the fund was placed into CBF Investment units with income mandated to the Parish. PAGE 26 Miss Graham Fund - A Charity Commission Scheme of 14th April 1959 amalgamated £300 2.5% Consols from the Miss Elizabeth Maria Graham (left for the purposes of upkeep of the Mission Hall in 1875 ) and amalgamated this with the St. George’s Mission Hall Charity comprised in a conveyance dated 17th April 1866. Income can be spent on any ecclesiastical purpose, capital only on the provision of or extension of the Hall. Burial Grounds - Under the provisions of the Covent Garden Market Act 1966 the disused burial ground of St. George’s Battersea was disposed of for a total of £15,500. The proceeds, less costs, were to be held by Rochester & Southwark Diocesan Church Trust to be applied for such ecclesiastical purposes within the Benefice of St. George with St. Andrew, Battersea or elsewhere within the Diocese of Southwark as may be charitable. Income is mandated to the Parish. ## **18. ANALYSIS OF NET ASSETS BETWEEN FUNDS** ||Unrestricted|Restricted|Designated|
**Total Funds**| |---|---|---|---|---| ||Funds|Funds|Funds|
**2022**| ||£|£||**£**| |Tangible fixed assets|1,550,000|-|-|1,550,000| |Investments|14,588|170,271|117,505|302,364| |Net Current assets|45,016|46,948|109,191|201,155| ||-----------------------------------------------|-------------------------------------|-----------------------------------------|-----------------------------------------------| |**Net assets**|1,609,604
===============================================|217,219
=====================================|226,696
========================================|2,053,519
===============================================| ## **19. RELATED PARTIES** There are no other charities that are controlled by the PCC or by the Vicar and Wardens PAGE 27 ## **General administration Legal and other advisers to the PCC** ## **Independent examiners** _For St Saviour_ Ronnie Jacob, LPS Accountants _For All Saints_ Chandra Nirmalanandan _For the Parish_ Richard Holman, Chartered Accountant ## **Names and addresses of Banks** _St Saviour - NatWest Bank, 66-68 St John's Road, London, SW11 1PB St George – Barclays Bank, St Johns Hill, London, SW11 1XB All Saints – NatWest Bank, 66 - 68 St John's Rd, London SW11 1PB_ _Battersea Fields Parish– CAF Bank, 25 Kings Hill Ave, Kings Hill, West Malling ME19 4JQ_ ## **Person to whom day-to-day management is delegated** Reverend Leighton Carr _Vicar of Battersea Fields_ PAGE 28 THE PARISH OF BATTERSEA FIELDS ## **Parish Office** Parish of Battersea Fields St Saviour Battersea Park 351 Battersea Park Road London SW11 4LH 2022 PAGE 31 ANNUAL REPORT **t:** 020 7720 9076 **e:** office **@** batterseafields.org