St John & St Matthew South Hornchurch Annual Financial Statements of the Parochial Church Council For the year ended 31st December 2023 (Including Independent Examination Letter) Vlcar. Rev: Kevln Brownlng St John's & St Matthev/s Vicarage South End Road Ralnham RM13 7XT Treasurer: Jlm Morton 74 Tangmere CreSnt Hornchurth RM12 5PX Reglstered Charlty number 1130670 Bank5 Barclays Bank PLC 36138 South Street Romford RMI IRH and Central Board of Finance of the Church of England Senator House 85, Queen Victorla Street London EfAV 4ET Accountsnts Dats Devdopments (UK) Ltd First Floor. The Chubb Buildings Fryer Street Wolverhampton West Mldlands WVI IHT Independent Examlner Kevln 08llvie Charity Bookkeeping and Examination SeThices 13 Evetyns Close Uxbridge UB8 3LR
St John's & St MattheS Churth South Hornchurch PCC members who have served from January 2023 untll the date this report was approved. Incumbent Rev Kevin Browning Church Wardens Ray Akuaku Luke Leadbitter Elected Members Rowena Lawrence Jim Morton Elisa Harper (since May 14" 2023) Jack Harper (since May 14th 2023) Josh Mathieson (since May 14 2023) Samantha Storer (Mav 14th 2023 to October 15th 2023) Deanery Synod Luke Brown
Parochial Church Council (PCC) Objecllve Promoting in the ecclesiastical parish the le mission of the church. Parochial Church Councils (PCC) are governed by the provisions of the Synodical Government Measure 1969 and the Parochial Church Councll (Powers) Measurn 1956. The Annual Parochial Church Meeting elects members of the Council. In addits'on, the ex-officio members include Clergy and LInsed Lay Workers, Churchwardens, prentiveS of the parish on the Deanery Synod and members of the Diocesan Syn(Kl arKI General Synod who are on the Electoral Roll of the parish. A PCC has the following main powers and respo11b11i1ieS. . . To acquire, manage and administer property for ecclesiastical purposes affecting the parish (though the PCC tself cannot own property outright), . To frame an annual budget required woth of tr Churth. . To approve the annual accounts aTh present them lo the Annual Parochial Church Meeting. . To make representations to Bishop with regard to any matter affecting the weare of the Church in the pafish. . To make repSentatIOn about proposals COnmIng parsonage house of the benefi. . To be consult1 about the appointsnent of a incumbent • To be consufted about pastoral reorganisation affecting the parish. . To be responsible for the provision of rtain iterns of litUffJical fumiture in the church, prayer books, bible and legal regtstets. . To be responsible for the care and repair of all churches, chapels, and churchyards within the parish. . To be responsible for ensurirvJ that safeguanling measures are implemented and that the parish safeguarding poliw is followed. . To be resF)onsible for determining the policies and prO(ureS for data processing and complying wrth data protection legisjation. Additional Financial mponsibllhles Regulalions requi nRmbers of the PCC to prepare financial statemerrts for each year which give a true and fair view of the state of affairs of the PCC at the end of the year and of the incoming and appli(3tion of resour for the year then ended.
In preparing those financial ststements the members of the PCC are required to select suitable accounting policies and then 4)ply them on a consistent basis. making judgements and estimates that are reasonable and prudent The mernbers of the PCC are responsible fot keeping proper accounting records which disclose with reasonable accuracy at any time the financial posrtion of the PCC and to enable them to ensure that the financial statements comply with Church Accounting Regulalions and the chareS Act. PCC are also responsible for safeguarding the assets of the PCC and for taking re&8onable Steps for prevention and detection of fraud arnl other Irregu1111e$. The PCC are responsible for managing the risks faced by the churth by estsblishing appropriate systern8 or pr(Kedures to mitigate risk8. CharitEs Commi&8ion - The PCC have considered the Charity Cc¥nmission' guidance on public benefft and in particular the guidan on charities for the advancement of rel¥ion when planniThJ the activities for the year. Accountlng pollcl The financial statements are prepared in accordan with accx)unting regulations and standards on accounting for Charities. Funds-"Unrestricted' funds of Ihe PCC are not subject to any restrictions regarding their use and are available for the application for trE general purpose of the PCC. The "Restricted" funds of the PCC are subpct to restrictions imposed by the donor al the time the funds We given to the PCC. Financial statements - include transactions. assets, and liabilrties for which the PCC is responsible in law. They do not indude the accounts of church groups that owe their affiliatrjn to another body or those that are infomwl gatherings of church members. Incoming rnsources- colleth'ons are recognised wthen receNed by or on behalf of the PCC. Planned giving re1vable under Gift Aid is recognised when received from the donor. The income tax recoverable on these Gift AKI donations is recogntsed at the sarne time as the underlying donation. Grants and legaaes- are accounted for as soon as the PCC is notifd of its legal entitlement, the amount due is quan1ff and its uftimate receipt by the PCC is reasonably certain. Funds raised from actlvrtS to further the PCC'S objecthves are accounted for by gross of expenses met by the PCC. Diwdends and InteTrst- induded on a r1pS basis.
Independent Examlnerfs Reportto the Tntstee5 of St John and St Matthew South Hornthurch I report on the accounts of the churth for the year ended 315t tleceth 2023 whith a set out on finance pages of the Annual Report. Respective Respon51bllltles of Trustees and Examlner The church's trustees are responsible for the preparation of the accounts. The church's trustees consider that an audit is not required for this year under sertion 14412) of the Charities Art 2011 (the 2011 Artll and that an independent examination Is needed. It Is my responslbility to: Examlne the accounts under sectSon 145 of the 2011 Act): To follow the procedures laid down in the General Direthons wven by the Charity Commlssioners (under sertion 14515)Ib) of the 2011 Act): and To state whether partlcular matters have tome to my attention. Basls of Indepdefit Examlnees rei*xt My examlnation was carried out in accordan wlth the general Dlrections glven by the Charitv Commission. An examination indudes a review of the actounting records kept by the charity and a comparlson of the accounts presented with those records. It also indudes consideration of any unusual Items or disclosures in the accounts. and seeklng explanatlons from you as trustees concernin8 any such matters. The prOureS undertaken do not provide all the eviden that would be requlred in an audit and consequently no oplnlon is 8lven as to whether the accounts present a Irue and fair viev/ and the report is Ilmited to those matters set out In the statement below. Independent examln&s statemert Slnce the qmss incomefvr the yeor exceeds the omount proth in sertion 145(3) of theArt, I confirm thotl om quolified to art os Independent Examlner under the proviOn5 of thatsertion OA the Art and thot my quolification is 05 shown below. In connection wlth my examination, no matter has come to my attention: whlch 8ives me reasonable cause to believe that in any material respert the requirements • to keep accountlng records in accordan with sectlon 130 of the 2011 Act; and to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act have not been met; or to which, in my opinion. attention should be drawn in order to enable a proper understsnding of the accounts to be reached. Kevin Ogllvle Charity Bookkeeping and Examlnation Services 13 Evelyns aose. Hillin8don. Middlese U88 3LR Signed JJ Date 11 April 2024
APCM PCC Treasurers Report 31st December 2023 he Lord your God is God He is the Falthfvl God." Deuteronomy 7 V9 INCOME Income increased by £5.7LX) from £87.1(Kl to £92.8(Kl. Rental income was up by £5.800 and grants of £2,4CM) were received for energy and the Warni Space Café. This was partially offset by a redurtion in 8T'ving of £3.800. which decreased in the second half of the year. EXPENSE Expense increased by £13.<xKI from £85.) to £98,5(X). This was due to a much needed update to the audiolvisual system with new 5peakeYs, screens and an amplifier at a Cost of £13,3(K). The Parlsh Share was paid in full at £43,5(Kl a reduction of £4,8tKI versus 2022 and the Administratoes salary increased by £3.(X)O as result of extra hours as the site became busier and continuin8 to pay above the London Living Wa8e. Cash assets now stand at £30,2CM) a reduction of £5,7(X) from 2022 year end. The church has no debts The General Fund stands at £20,9(n, £6.2IXI lower than 2022 as funds were transferred to the Church Development Fund to pay for the audlo/vlsual update. Flnancial procedures were updated and a revlew of Glft Aid donatlon5 was made to ensure donors, Infomiation was stlll Yalld. I would Ilke to thank our accountants Data Development for thelr support and advice. oiTrLOOK FOR 2 24 The Parlsh Share wlll rise by £4,IXKJ back to 2022 levels and energy prices are stable a5 new contracts were $18ned in 2023. Recent lettings will increase rental Income by £53(M) in a fijll year. Jim Morton PCC Treasurer
34A10 zi.t41 5.125 1B7 Approved PCC January 2P. 2024 aNlthe APCM M May 2024. K Browning Chalr
StJohn & St Maithew ¢lwrch For tho porlod from 01 January 2023 10 31 Decernr 2023 ,7r2 .T22 SS1S3 121 41 31, 1.1 $5.11 58211 1&72J> 1&(WX) 114(PXSI 4llXI &125 (15P4vI 11..18anl P4p 1 d1
IFA Total 74 9.119 2147 Ineom• from •cthiltl•• Tot•l• 10.702 SS,153 Oth•rtrnlln9 oth•r lrndlTrg a¢tlvlll•# 70 In¥••ttMnts Inv••ln¥Trts Tol•l• 62S 12f 748 .124 111015-H8NL•l¥ 748 2&124 7041 18 814 8t4 147 Olh•r Tol4$ 17T 41J97 31.JS0 87,11 Exp•ndllur• on ehwlt•bl• *U¥W•• 1341M5.PthkhS <v 15 1,744 158 1.1C q016 {15P4rfZQ4 T1..18)Pl d2
Totsl 216 810 5*118 1.1 1.159 134019.TdB#rrn 774 714 14J31 156 4.116 4514 3fi75 19 Olh•r •xp•ndltw• Tot•l¥ 24945 14419 17,252 1U19 85A62 {15fv4xI I1..18) Pwp2d2
41rx Fund Clo•lng balance fj•n•rn•. Gon•ral fw 27,141 27.141 3.172 3.172 3.172 DEV.Chur¢h D•v•kiwrnrt 521 2.575 1.561 D*Jno10tt 119 31 201 31 MIB8IOM. Ml¥•lo 187 187 187 726 728 258 258 30233 115PplJl311122anlPy1 d1