THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF CHRIST AND SAINT JOHN WITH SAINT LUKE ISLE OF DOGS Known as the Parish of the Isle of Dogs CHARITY NO: 1130764 REPORT AND ACCOUNTS for the year ended 31 December 2024 FIELD SULLIVAN LIMITED CHARTERED ACCOUNTANTS 9 Hare & Billet Road Blackheath London SE3 ORB
The Parochlal Church Council of the Ecclesiastical Parish of Christ and Saint John with Saint Luke Isle of Do s Status: Charity registration No. 1130764 w01n8 name: Parish of the Isle of Do85 Incumbent: Rev. Thomas Pyke Parochial church ¢oun¢ll Rev. Thomas Pyke members: Joseph Lashmar Christopher Ezekiel Amanda Newbury Christine Lilley Syed Faramanifar Linda Kissi Valerie Lashmar Joan Small Gregory Solomon Bill Chesshyre Michael Blaby Kevin Watts Sylvester Small Jenny Clarke Dr Tamsin Williams Jagoda Keshani lonlca Lashmar Sabeeta Leghari Eugennie Gamble (resigned 19 May 20241 Churchwarden {resigned 19 May 20241 Churchwarden Deanery Synod Representative PCC Secretary Deanery Synod Representative Treasurer Churchwarden, lappointed 19 May 20241 (appointed 19 May 20241 (appointed 19 May 20241 Parochlal church councll Rebecca Roles offlcers: Tony La5hmar Lisa Mitchell Andrew Warner Colin Todd Safeguarding Officer Deputy Churchwarden Parish Administrator PCC Secretary Book Keeper Address: Christ Church Manchester Road Isle of Dogs London E14 3BN Independent examiner: Field Sullivan Chartered Accountants 9 Hare & Billet Road London SE3 ORB Bankers: HSBC 8ank PIC 196A Piccadilly London WIV ODY The CBF Church of England Deposit Fund Senator House 85 Queen Victoria Street London EC4V 4ET
The Parochial Church Councll of the Ecclesiastical Parish of Chrlst and Saint John with Saint Luke Isle of Do Trustees, Report forthe year ended 31 December 2024 The PCC is committed to enabling as many people as possible to worship at Christ Church and at St Luke's Millwall and to become part of our parish community on the Isle of Dogs. The PCC understands its mission. and the mission of the whole Church, to fall into five main categories: Ilproclamation of the Good New5 of the Kingdom of God 2} baptising and nurturing new believer5 31 responding to human need through loving Service 41 transforming unjust Structures in our 50ciety 51 safeguarding the integrity of creation through wise and careful use of its resources. These themes we sum up in the banner statement 'Building a healthy community through our Christian faith,. Ob-ectives and Activities When planning our activities for the year, the Incumbent and the PCC have considered the Charity Commission's guidance on public benefit and. in particular, the specific guidance on charities for the advancement of religion. The objectives for 2024, as described in Mission Action planning IMAP20161 by the PCC, are laid out in the agendas and minutes of the PCC in 2024. and are a matter of public record. The objectives of the Mission Action Plan are: To make Christ Church a place to be To create connections To encourage an engaged community For Christ Church to be the first port of call for support and sanctuary To celebrate and model inclusivity and diversity To make the Christian faith accessible l am pleased to present our Trustees, Annual Report for the year ended 31 December 2024. In previous report51 wrote that 2022 was about getting the big blocks of parish life back into place after the pandemic, and 2023 was about establishing lor re-establishingl a rhythm that we can live by. 2024 has been a yea r of growth, a gradual increase in our Sunday attendance at the Parish Mass measured by the traditional 'snapshot' of the Sundays in October, from hovering just below 40 adults and 7 - 15 children in 2023, to an average just below 50 adults and between 8 and 20 children in 2024. This 15 borne out in practical ways- we are needing to print more noticesheets for Sunday, and to allow for more bread at the Mass. Another positive sign of growth has been our ability to increase our Common Fund giving by £500 a month in 2025, $0 that we will be contributing £50,000 duringthe year. This growth is still not as much as we would like to see, of course, but the old saying is probably true, 'nothing breeds success like success,. There is a natural tipping point with church congregations where the sense of being a 'full' church reassures us that we are in the right place, and that we are not missin8 Out on something special, and encourages us to come back the next week and the next week. It is a slow climb to that tipping point, and we are not there yet11 would put it at about 65 adult5 and 20 children in our casel. We are vulnerable still to the effect that a particularly cold day lor a particularly fine dayl has on attendance at church. The congregational photograph, taken at Pentecost 2024 makes that point. Sometimes we can't avoid being absent, and sometimes those absences added together mean that a considerable chunk of the congregation is missing. The most effective piece of Christian misson and witness that you can do is to be in church Sunday by Sunday. without fail. This is the way churche5 grow, and Christ Church is no different. The start of 2024 was marked by funerals. Benice Sultan who was always such a prayerful supporter of my ministry had died in December 2023 had her funeral in church in January 2024. In February 2024 Sandra Ireland died peacefully at home, but estranged from her family and therefore without anyone to take responsibility for arranging her funeral. I stepped in to register her death and, with the help of the charities that were ultimately beneficiarie5 of her will. we are able to follow her wishes and give her a good funeral at Christ Church and a reception at the Waterman's Arms. In early 2025 we were to lose David Longbottom. I will write more about him next year in my report. To balance the loss of these and others, we have the joy ofwelcoming, by bapt15m, new members into the Church. IVS even more joyful when their families immediately settle down and become regular members ofthe Sunday con8regation. Tilly Ryan's baptism has brought us her parents David and Clara and her brother Alfie, and Ka55ia Rodrigues's baptism and confirmation has brou8ht us her mum Crisanta.
The Parochial Church Council of the Ecclesiastical Parish of Christ and Saint John with Saint Luke Isle of Do s Trustees, Report forthe year ended 31 December 2024 Thanks to the or8anisin8 zeal of Tamsin Vaughan Wllliams the parish had an outing to the Horizon 22 buildin on Bisho ate. Thi5 new buildin has a 300 de ree viewin deck on two levels and from it ou can see as far as Cro on to the south west and can with ood binoculars see Christ Church nestled in the trees be ond Millwall Park. Please follow Tamsin's lead and if useeano rtunit for the con re ation to do somethin out of the ordinar don't sto to ask es eciall if it's a f ree event book us u and advertise it throu h the noticesheet. Lent began early in 2024 (mid February) but not before we had a happy Shrove Tuesday pancake party in the crypt. Our Lent Course, in person and via Zoom, was focussed on the readings for the following Sunday. On Thursday evenings we met in the Parish Room for a 'holy hourf of adoration in front of the Blessed Sacrament. Holy Week was as busy as ever. though we were no longer able to depend on David Longbottom to lead one of the sessions of Stations of the Cross. The Easter Vigil and lighting of the New Fire happened on Easter Eve at 7pm rather than at dawn on Easter Day. This attracted a larger congregation than it would in the rnorning124 adults and 4 children - some who joined the service simply came because they were passing and saw the brazier lit}. We were a very international gathering, and were able to greet each other 'Christ is risen He is risen indeed I. in many different languages. In 2025 we may need to revert to the dawn on Easter Day timing as we have a candidate for confirmation being presented at St Paul's Cathedral on Easter Eve. Apart from the Lent Course, the Parish Education programme has considered people's favourite saints, and then favourite hymns and religious poems. We are grateful for the time and effort that Jenny Ming Clarke put into arranging and encouraging these course, and also to those who hosted sessions in their homes. Our annual confirmation service in 2024 fell on our Patronal Festival Sunday. 11 children from Years 5 and 6 at St Luke's Primary School were confirmed by Bishop Rob Wickham, the Bishop of Bradwell. I want at this point in mv reportto celebrate the close partnership we have with St Luke's School. Every week we lead Mass with an address at the school I'we, belng Fr. Selwyn, from St Luke's Millwall and11 and I lead a dlscusslon with a class about Bible readings for the following week, That class then takes a responsibility for reading the chosen Bible passage, for carryin8 in the Altar candles, and for ringing the Sanctus bell. Over the time that the children are at the school they have considerable exposure to the Christian faith, to the Church, to the Bible and to church worship, in addition to the Collective Worship that happens at other times, led by the teachers. All this means that confirmation classes are exactly that- the children are encouraged to draw on and confirm what they have already been exposed to and knov confidently. It makes confirmation classes at the school a real joy. We do confirm earlier in children's lives than in some other church communities, but it makes sense to give them 18 months of experience as confirmed Christians before they leave to join their secondary schools, which may or may not have a Christian character. It has been good in the new academic year, 2024125 to workwith the new Headteacher at St Luke's School, Mr Calum Howard who opened our summer Féte for us, and who has returned since then to update us on changes at the school. In early July we joined the Diocese of Chelmsford's annual Bradwell pilgrimage, paying back Bishop Rob for his visit tc do our confirmation5, if you like. By the time we arrived by minibus on the Dengie peninsula the weather was drawing in. Once we had processed to St Peterfs Bradwell the rain was coming at us horizontally off the sea: and rather than being able to sit comfortably outside and join in worship and the picnics we'd all brought, we were penned in the lovely (but small) Saxon church. Bishop Rob. though, gave an excellent address about 'bad prayerf. ané after a while our prayers, bad or good, were answered by some sunshine. We were able to join in the outside activities that had been planned. but then abandoned, including an inspiring visit to the ecology gardens of the Othona Community next door. Pilgrimage is an activity that we can all make part of our Christian life. In a city like London, with so much 'holy historv you don't need to go far to make a pilgrimage. St Alfege's Greenwich, St John's Stratford, or St Peter's London Dock fill your imagination with what it means to be a disciple of Jesus, and how other¢ have lived out that discipleship even at the risk of their lives. The pilgrima8e was a good way to def lect U5 from worrying about the Fete, the followin8 weekend. Thi5 weiit splendidly, as it always does. I would like to tske this opportunity to thank Wing Blaby for all the work that she and Mike did to make it such a succe55.
The Parochial Church Council of the Ecclesiastical Parish of Christ and Saint John with Saint Luke Isle of Do Trustees, Report for the year ended 31 December 2024 Over the summer our new Audio Wisltal system was installed. a drop down screen, a powerful projector and all the technology that makes it work together. Two changes to the original specifications were the addition of a 'confidencf monltorf above the head of the organ55t. and the mounting there also of the prL camera that we were given four years ago byAlex Perex. The AV system means that we can show pictures and video, and we can livestream our services, includlng what is displayed on the screen. One of the first use5 of the system was to bid David Longbottom 'God Speed. as he went north to Washlngton to Ilve near his family. Since then it has been used for Bible maps and finance presentations. school services, sermon aids and familles, funeral pictures. While we are not the sort of churcF thatslng5 or prays from a screen, the AV system has added so many new possibillties: and it can be deployed and cleared away within moments. We are recrulting volunteers to run the camera and the livestream. If you would like to add thi5 skill to your portfolio, please ask me and I will glve you a demonstration. The organ has had some restoratlon work In this last year. In particular, each of the pipes making up the trumpet stoi have had new'motors, or tiny leather bellows made for them. The trumpet Stop now sounds magnificent, though it i: loud l Our choir, under the direction of Julien Lee has grown in confidence, if not necessarily in numbers. Julien has left us as of the end of February 2025 and we are beginning the process of recruiting a replacement Director of Musli What is clear is how many talented musical friends we have. all of whom are keen to help out in the meanwhile. A bif thank you to them. We continue to add to the numberof groups that use the church as a springboard to performances elsewhere. The London Docklands Sin8er5 have long regarded Chr15t Church as their base for rehearsals on Monday evenings. Merry Opera has joined them, and now rehearses fortwo touringshows a year in the church. In 2024 The Three Inch Fools, who put on pocket Shakespeare productions for schools, rehearsed a production of Macbeth here, complete with a moveable forest. Sharesy, a new online app which allows groups to book public spaces has been a real boon. We havi had orchestral concerts, public meetings, memorial parties and the like through Sharesy, and in each case Sharesy brings in organisations and individuals who don't belong to the area. so it widens our outreach. We are experlmenting with a similar app called Giggster which does the same for the creative industries. These rental opportunities add directly to the income of the church. as does the passive, yet ever present cardless terminal which was introduced by our PCC Treasurer, Jagoda Keshani. This would be a good moment for me to thank our PCC officer,. and our churchwardenswho do so much for us, Jagoda and Andrew and Michael, Joan and Amanda, and our warden emeritus, SWvester Small. Together, as the PCC Standing Committee, it is remarkable how much experience, wisdom nd vision we share. The Dlocese ofha5 thisyear prepared a mini report of 2024 to be embedded in ourTrustees Annual Report. Here you get a fla¥our of what is happening for the Church of England across London: The Dlocese of London is the largest and most diverse In the Churth of England. We have over 500 ¢hurches and 750 'licensed clergy. We are able to have a church in almost every community, supporting the vision for every Londoner tc encounter the love of God in Christ. lyi 2024. 50 new deacons were ordained and early draft statistics indicate that Average Weekly Attendance in London grew by 7.5% to over 60.000. Durin8 2024, we have continued working towards our prlorltie5 of becoming a younger, safer and more racially just Church. For example.. 19 London Youth APpntICe5 engaged 715 young people weekly and funding was granted to enable the launch of live youth ministers In Hackney and Islington. In a challen8inE year for safeguardin& referrals to the Diocesan Safeguarding Team increased substantially, IndicatinÉ more trust and confidence In the safeguardlng service. 789 people were given safeguarding leadership training, and 3,808 DBS checks were carried out. Churche5 acr055 the Dio¢ese engaged wlth Race Equality Week, Racial Justice Sunday, and Black History Month last year, reflecting on raclal justFce and commltting to artion.
The Parochial Church Council of the Ecclesiastical Parish of Christ and Saint John with Saint Luke Isle of Do Trustees, Report forthe year ended 31 December 2024 The breadth of parishes and Bishop's Mission Orders in London nurtured confident disciples, compassionate communities and creative growth in an amazing variety of ways. They also contribLSted over £23m in Common Fund, an increase of almost £lm. ASongside £13.2m income raised by the London Diocesan Fund {LDFI and £3.6m from LDF reserves, this paid to provide ministry and support parishes across the Diocese., Structure vernance and mana ment The method of appointment of PCC members is set out in the Church Representation Rules. At Isle of Dogs the membership of the PCC consists of the incumbent (our vicar}, churchwardens, and members elected by those members of the congregation who are on the electoral roll of the church. The PCC members are responsible for making decisions on all matters of general concern and importance to the parish including deciding on how the funds of the PCC are to be Spent. The members of the PCC, all of whom have served from l January 2023 to the date this report was approved (except where noted) are Set out on page l. Public Benefit The PCC confirm that they have referred to the guidance contained in the Charity Commission's general guidance on public benefit and the supplementary public benefit guidance for charities whose aims include advancing religion when reviewing the PCC'S aims and objectives and in planning future activities. The objectives for 2021 were published and available to the public as the Parish'5 Mission Artion Plan 2014. Risk assessment The PCC regularly identifies and reviews major risks facin8 the charity and have put measures in place to mitigate them. Flnanclal Review Total income into the General Fund was £146,32212023: £136.0651. Our congregations contributed £65.40512023.' £64.9631 (Unrestricted) of which £36,55612023'. £33.549} was from Planned Giving. Income generated through the hiringof our properties was £47,69912023: £36,670) and income generated through the spire rental was £14,475 12023: £14,475). Total expenditure from the General Fund was £126,519 {2023.. £140,098), of which our contribution to the Common Fund was £44,004 {2023: £44,630). The current reserves in the CCLA account5 are a) 35,596 bl £12.369 cl 98.073. Restricted Funds Total income into various restricted funds as shown in Note 14 to the accounts was £18,25012023= £17,033}. After expenditure of £25,17912023.. £6201 from these restricted fund5 the balance at year end was £45,44012023.' £49,429). Endowment Fund The Parish Endowment Fund was instigated in 2009 to encourage congregation members to include the Parish as a beneficiary in their wills in order to provide long-term investment income for the parish. Reserves Polic The PCC policy for reserves prioritises the ability to pay 9 months of full operating costs, to include the agreed payments to the Common Fund, and maintenance of Christ Church. Reserves are not to include tangible fixed assets relating to St Mildred's House.
The Parochial Church Councll of the Ecclesiastical Parish of Chrlst and Saint John with Saint Luke Isle of Do Trustees, Report for the year ended 31 December 2024 Statement of Trustees, Responsibilities The PCC members, as charity trustees, are responsible for preparing the Trustees, Annual Report and the financial.statement5 in accordance with applicable law and United Kingdom Accounting Standards {United Xingdom Generally Accepted Accounting Practice). The law applicable to charities in England and Wales requires the trustees to prepare financial statements for each flDancial yearwhich give a true and fair view of the state of affairs of the charity and of the incoming resource5 and application of resources of the charity for that period. In preparing these financial statements, the trustees are reoulred to: a) select Sultable accounting policies and apply them consistentlv; b) observe the methods and principles in the Charities SORP,. cl makejudgments and accounting estimates that are reasonable and prudent,. dl state whether applicable accounting standards have been followed, subject to any material departures dlsclosed and explained in the financial statements; el prepare the financial statements on the going concern basis unless it is inappropriate to presume that the chèrity will continue in operation. The PCC members are responsible for keeping adequate accounting records that disclose with reasonable accurary at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Art 2011, the Charity (Accounts and Reports) Regulations 2008 and the provlsions 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 PCC members are responsible for the maintenance and integrity of the charity and financial information included on the charity's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions. This report was approved bythe Board on ..... and signed on its behalf. In On behalf ofthe Management Committee ets
FIELD SULLIVAN • CHARTERED ACCOUNTANTS Independent Examinerfs Report to the Trustees of The Parochlal Church Council of the Eccleslasllcal Parfsh of Christ and Saint John wlth Salnt Luke, Isle of Dogs I report to the trustees on my examination of the financial statements of The Parochial Church Council of the Ecclesiastical Parish of Christ and Saint John with Saint Luke, Isle of Dogs I'the charit¢l for the year ended 31 December 2024 which comprise the Statement of Financial Activities, the Balance Sheet and related notes. This report is made solely to the charity's trustees, as a body, in accordance with section 145 of the Charities Att 2011. My work has been undertaken so that I might state to the charity's trustee5 those matters l am required to state to them in this report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the charity and the charit5 trustees as a body, for my work. for this report, or for the opinions I have formed. Responslbilities and basis of report As the trustees of the charity you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 20111'the ACYI. I report in respect of my examination of the charitvs financial Statements carried out under section 145 of the Act and in carrying out my examination I have followed all the applicable Directlons glven by the Charity Commission under section 14515llbl of the Act. An independent examination does not involve gathering all the evidence that would be required in an audit and consequently does not cover all the matters that an auditor considers in giving their opinlon on the financial statements. The planning and conduct of an audit goes beyond the limited assurance that an independent examination can provide. Consequently l express no opinion as to whether the financial statements present a 'true and fairf view and my report is limited to those specific matters set out in the independent examinerfs Statement. Independent examiner's statement I have completed my examination. I confirm that no material matters have tome to my attention in connection with the examination givinE me cause to believe that in any material respect: accounting records were not kept in respect of the charity as required by section 130 of the Act; or the financial statements do not accord with those records,. or the financial statements do not comply with the applicable requirement5 concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts glve a 'true and falr view which is not a matter considered as part of an independent examination. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financlal statements to be reached. Tim Sullivan FCA Field Sullivan Limited 9 Hare & Billet Road Blackheath London SE3 ORB Date: Field Sullivan Limited Registered in England no. 8024052
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The Parochial Church Council of the Ecclesiastical Parish of Christ and Saint John with Saint Luke Isle of Do Balance sheet asat 31 December 2024 Note 2024 2023 Flxed assets Tangible assets Total flxed assets io 228,fv15 228,645 215.630 215,630 Current assets Debtors Cash at bank and in hand Totsl current assets li 3,450 171,979 175,429 6,274 167,531 173,805 Creditors: amounts falling due within one year 12 18,7511 16.9861 Net current assets/(liabilities) 166,678 166,819 Total assets less current liabilities 395,323 382,449 Net assets 13 395,323 382.449 The funds of the charity: Restricted funds Endowment funds Unrestricted fund5'. Designated General fund Total unrestricted funds 45,440 12,369 49,429 12,369 2Z8.151 109,363 229,799 90,852 337,514 320,651 Total charity funds 14 395,323 382,449 These financial statements were approved by the Trustees on and signed on its behalf by: RevThomas Pyke - Cha - PCC Treasurer
The Parochial Church Council of the Eccleslastical Parish of Christ and Saint John with Saint Luke Isle of Do Notes to the accounts for the year ended 31 December 2024 l Ac¢ounting pollcies The principal accounting policies are summarlsed below. The accounting policies have been applied consistently throughout the year and in the preceding year. lil Basis of accountin The PCC Is a public benefit entity within the meaning of FRS 102. The financlal statements have been prepared In accordance with Accounting and Reporting by Charities.. Statement of Recommended Practice appllcable to charities preparlng their accounts In accordante with the Financial ReportlnB standard appllcable In the UK and Republic of Ireland IFRS 1021 leffectlve I january 20191 Icharlties SORP IFRS 1021 Second edition October 20191, the Financial Reporting Standard appllcable in the UK and Republlc of Ireland IFRS 1021. The financial statements have been prepared under the historical cost convention. lill Fund accountin Unrestrlrted funds represent the funds of the PCC that are not subjett to any restriction5 regarding their use and are available for the general purposes of the PCC. Funds designated for a partScular purpose by the PCC are also unrestricted. Restrlcted funds are those funds that must be spent on restricted purposes and details of the funds held and restrictions are provided in note 13. The financial statements include all transactions. assets and liabilitie5 for which the PCC Is responsible in law They do not include the financial rtatements of church groups that owe their main affiliation to another body, nor those that are informal gatherlngs of churth members. Iliil Incomin Donated seNices and facilities are included at the value to the charity where this can be quantlfied. The value of services provided by volunteers has not been included in these accounts. Voluntary income and capital sources: Collertions are recognised when received by or on behalf of the PCC. Planned giving under Gift Aid is recognised only when received. Tax recoverable on Gift Aid don3tions is recognised when the donation is recognised. Grants and legacles to the PCC are accounted for as soon as the PCC 15 notifled of its legal entitlement, the amount due Is quantifiable and its ultimate receipt by the PCC is reasonable certaln. Income from fundraising and slmllar events is accounted for gross. resources Other income Rental income from the letting of church premlses is reco8nlsed on an accruals basis. Income from investments Interest entitlements are accounted for as they accrued. Tax recoverable on such income is recognised in the same accounting year. Ilvl Resources ex ended Expenditure is accounted on an accrual basis as a liability Is incurred. Expendlture includes any VAT whlch cannot be fully recovered, and 15 reported as part of the expenditure to which it relates. Grants and donatlons are accounted for when paid over, or when awarded, if that award creates a binding ob5i8ation on the PCC. The diocesan parish share is accounted for when due. Any parish share unpaid at 31 December is provided for in these financial statements as an operational Ithough not a legall liability and 15 shown as a creditor in the balance sheet. io
The Parochial Church Council of the Ecclesiastical Parish of Chrlst and Saint John with Salnt Luke Isle of Do Notes to the accounts for the year ended 31 December 2024 Iv) Fixed assets Consecrated property and moveable church furnishings Consetrated and beneficed property of any kind is excluded from the accounts by 59612la Charities Act 2011. No value is placed on moveable church furnishing5 held by the churchwardens on special trust for the PCC whlch requlre a faculty for disposal. All expenditure incurred during the year on consecrated or benefice buildingg and movable church furnishings, whether maintenance or improvement, is written off. Other tangible fixed assets are stated at cost less accumulated depreciation. Depreciation is provided at rates calculated to write off the cost of each asset over Its experted useful life. The rates used are as follows: Fixtures and fittings Equlpments Straight line over 10 years Straight line over 5 year5 Ivil Current assets Amounts owing to the PCC at 31 December in respect of fees. rents or other Income are shown as debtors less provlslon for amounts th£t may prove uncollectable. Short-term deposits include cash held on deposit with the CBF Church of England Funds or at the bank. Iviil Debtors Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost uning the effective interest method, less provision for impairment. A provision for impairment of trade debotrs is established when there is objective evidence that the trust will not be able to collect all amount due according to the original terms of the receivables. Ll Cash and cash e uivalents Cash and cash equivalents include cash in hand, deposlts held at call with banks, other 5hort-term liquld Investments with original maturities of three months or les5, and bank overdrafts. Bank overdrafts are shown within borrowings in current ix Creditors Trade creditors are recognised initially at the transaction price and 5ub5equently measured at amortised cost using the effective interest method.Short term trade creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transactlon Costs, and are measured subsequently at amortised cost using the effettive interest method. li
The Parochial Church Council of the Ecclesiastical Parish of Christ and Saint John with Saint Luke Isle of Do Notes to the accounts for the year ended 31 December 2024 2 Donation5 and legacies Totsl funds 2024 T(rtal funds 2023 Restrlrted fund5 Unrestrirted funds Appeals and donations Planned giving Other giving Collections Sundry donations Donations Grants East End Community Foundation Riverside Foundation Other small Brants 36,556 178 6.243 8.967 13.461 36.556 178 6.243 8,967 19.033 33,549 244 6,252 9,488 24,464 5,572 8,OCKJ 8,178 4,500 8.178 4,500 Total 18,250 65,405 83,655 81,996 3 Other trading artivities Total funds 2024 Total funds 2023 Restrlcted funds Unrestrfcted funds Church property lettings Fundraising events Spire rental 47,699 7,887 14,475 47.699 7.887 14.475 36,670 9,566 14.475 Total 70,061 70,061 60,711 4 Incorne from investments Total fvnds 2024 Total funds 2023 Restricted funds Unrestrfcted funds Interest received 7,361 7.361 3,921 Total 7,361 7,361 3,921 5 Income from charltable artivities Total funds Z024 Totsl funds 2023 Restrfcted funds Unrestricted ftsnds Fees- Diotesan and other 3.495 3,495 6,470 Total 3,495 3,495 6,470 12
The Parochial Church Council of the Ecclesiastical Parlsh of Christ and Salnt John wlth Saint Luke Isle of Do Notes to the accounts for the year ended 31 December 2024 6 Costs of 8eneratln8 funds Total funds 2024 Totsl funds 2023 Restrlrted funds Unrestrlcted funds Costs of generating voluntary income Total 1,961 1,961 935 1,961 1,961 935 7 Charltable actlvltles Totsl funds 2024 Total fvrbds 2023 Note Ministry- common fund Incumbent's and Curates expenses Church runnlng expenses Cleaning Heat, light and water Insurance - Consumables Church maintenance Upkeep of services Music and choir - Sanctuary Organ Other servlce costs Upkeep of thurchyard Director of music Training and education Adult Children and youth 8erlin Link Other parish activities Home mission Food bank - Flowers Relief and development Socials Other PCC property upkeep Depreciation Support costs 44,630 1,755 1,214 2,275 15,254 6,697 2.999 4,878 4,559 7,561 5,139 2,482 5,663 905 1,933 4,170 2.873 3,700 13,563 981 1,895 4,206 1,568 11,294 31 120 94 337 115 296 7,364 343 14.401 620 60 1,158 11,613 2,710 16,598 1,017 13,692 4,457 17.651 Total 149.737 139,783 13
The Parochlal Church Council of the Ecclesiastical Parish of Christ and Saint John with Saint Luke Isle of Do Notes to the accounts for the year ended 31 December 2024 8 Support costs Totsl funds 2024 Totsl fvnds 2023 Support Communication and Publicity Bank charges Bookkeeping Telephone, IT and stationery Independent examination 6,575 1,493 169 5,100 2,310 6,552 170 4,825 3,124 1,926 17,651 16,598 9 Trustee remuneratlon and expenses No trustees received any remuneration during the year. Expenses amounting to £nil 12023= £nill were reimbursed to trustees. No trustee or other person related to the charity had any personal interest in any contrart or transactlon entered into by the charlty during the year12023: nill. 10 Tanglble flxed assets Fixtures and Fittlngs Freehold properties Equlpment Totsl Cost At l January 2024 Additions 1,049 22.502 17,472 200,000 223,551 17.472 Disposals At 31 December 2024 1.049 39,974 200,OLN) 241,023 Accumuloteddepreclotion At l January 2024 Charge for the year Disposals At 31 December 2024 420 7,500 4,247 7,921 4,457 210 630 11,747 12,378 Net book volue At 31 December 2024 419 28,227 200,000 228,645 At 31 December 2023 629 15,002 200,000 215.630 14
The Parochial Church Council of the Ecclesiastical Parish of Christ and Saint John with Saint Luke Isle of Do Notes to the accounts for the year ended 31 December 2024 11 Debtors 2024 2023 Income tax recoverable Other debtors Prepayments 257 1,987 1.206 403 3,491 2.380 Total 3.450 6,274 12 Credltors: amounts fallSn8 due wlthin one year 2024 2023 Other creditors Accruals 383 8,368 4,495 2,491 Total 8,751 6,986 13 Analysis of net assets between funds Current period Endowment funds General funds Designated funds Restricted funds Totsl funds Tangible fixed assets Current assets Current liabilities 16,145 101.969 18,7511 212,500 15,651 228.645 175,429 18,7511 12,369 45.440 Net assets 31 December 2024 12,369 109,363 228,151 45,440 395,323 Previous perlod Endowment fvnds General funds Deslgnated funds Restrlrted funds Totsl funds Tangible fixed assets Current assets Current liabilities 630 97.208 16.9861 215.000 14,799 215,630 173,805 16,9861 12,369 49.429 Net assets 12,369 90,852 229,799 49,429 382,449 15
The Parochial Church Council of the Ecclesiastical Parish of Christ and Saint John with Saint Luke Isle of Do Notes to the accounts for the year ended 31 December 2024 14 Movements in funds Transfer between funds Current perlod At l January 2024 Incomlng resource5 Outgoing resources At 31 December 2024 Restrfrtedfvnd5.' New building funds St Luke's project Christ Church extension Other restricted funds AV Project Bazaars Bishop's Fund Chair fund Charity fund Children's fund Choir mvsician fund Christian aid Christmas Party for elderley Churchyard furniture Crib fund Crypt Refurbishment Fund Epic Flower fund Food Bank Night Shelter Robe fund Sedor fund Soclal fund Sponsor Hymn Organ fL¢nd stsff fund Story tellin8 project Sunday School Pakistan Flood Relief Ukraine fund Women's Group IT Proje Tracy leaving Toy Library fund Total restricted funds Endowmentfvnds." Parish Endowment fund Total endowment funds 425 3,238 425 3,238 16,000 294 998 117,4721 474 294 60 4,514 12,679 2,242 250 83 700 40 303 2,500 15 1,009 11,158 50 861 iio 276 60 679 197 60 22 4,514 12,679 2,242 250 83 7(M) 40 303 2,500 15 743 1,439 50 861 iio 276 609 14,143 13431 17,3641 2,940 679 197 22 93 2,451 250 1,295 49,429 93 1,977 250 1,295 45.440 14741 18,250 125,1791 2,940 12,369 12,369 12,369 12.369 Unrestrictedjunds Designated St Mildred's House fund Food bank Garden of Remembrènce Retiement fund Organ fund The Isle of Dogs Parish Tri Chair fund Parish Link fund Total designated funds General fund Total unrestricted funds Tolal funds 200,000 2,940 836 50 8,143 200,000 12,9401 867 1,703 50 5,218 3,350 17,502 328 1,245 3,350 14,1701 17,502 328 229,799 90,852 320,651 5,462 140,860 146,322 4,170 1122,3491 126,5191 2,940 228,151 109,363 337,S14 2,940 16
The Parochial Church Council of the Ecclesiastical Parlsh of Christ and Saint John with Saint Luke Isle of Do Notes to the accounts for the year ended 31 December 2024 14 Movements In funds Icontlnued) Transfer between funds Previous perlod At ljanuary 2024 Incoming ources Out8olng resources At 31 December 2024 Restrlrtedfvnds.. New building funds St Luke's project Christ Church extension Other restricted funds AV Project Bazaars Bishop's Fund Chair fund Charity fund Children's fund Choir musician fund Christian aid Christmas Party for elderley Churchyard furniture Crib fund Epic Flower fund Food Bank Night Shelter Robe fund Sedor fund Social fund Sponsor Hymn Organ fund Staff fund Story telling project Sunday School Pakistan Flood Relief Ukraine fund Women's Group IT Project Tracy leaving Toy Library fund Total restricted funds 425 3,238 425 3,238 16,000 I6,C0 294 60 4,514 12,679 2.242 250 83 7(KJ 294 60 4.514 12,679 2.242 250 83 700 40 303 15 690 1.439 50 861 303 15 743 1,439 50 861 iio 276 60 679 197 60 22 673 16201 iio 276 60 679 197 60 22 93 2,451 93 2.451 250 1,295 250 1,295 33.016 17,03 49.429 Endowmentfvnds.. Parish Endowment fund 12.369 12.369 Total endowment funds 12.369 12.369 Unrestrirtedfvnds Designated St Mildred's House fund Food bank Garden of Remembrance Retiement fund Organ fund Chair fund Parish Link fund 200.1J)O 10.541 206 50 143 17,502 328 200,000 2.940 836 50 8.143 17,502 328 6,801 630 114,4011 8,000 Total designated funds General fund 228,770 15.431 14,401 95.914 120.634 1125.6971 90,852 Total unrestricted funds 324,684 136,065 1140,0981 320,651 Total funds 370,069 153,098 1140,7181 382,449 17
The Parochial Church Countil of the Ecclesiastital Parlsh of Christ and Saint John with Saint Luke Isle of Do s Notes to the atcounts for the year ended 31 December 2024 14 Movements In funds Icontlnuedl Purposes of Restricted Funds: Restricted fund5 fall into two groups: New buildin funds These funds relate to major planned building projects on the relevant sites. Expenditure has been incurred in advance of fundraisin& for example on fees, hence these funds are currently in deficit. The PCC antlclpates that as the projects progress funds will become available to cover these costs. Other funds These represent funds where income has been gifted or raised for a specific purpose. In some cases a transfer is made from general funds to cover a shortfall in income. In the case of the Charity Fund the PCC has determined to transfer into this fund a sum equivalent to 5% of its unrestricted income, which is then given to various tharitable causes alongside money raised from specific appeals. Purposes of Designated Funds.. The major fund represents the value attributed to St. Mildred's House. The PCC are not aware of any restrirtions arising from the original transfer of the house to the parish but for clarity consider that the property value should be included separately to the remainder of the PCC'S fvnds. Other designated funds have been raised or ear-marked for a purpose or project. No verbal or written restriction is in force. With the completion of the purpose or project. funds will return to the general fund. The church purchased IW chairs. spending the restricted tunds. As the chairs were capitalised. the net value atter depriciation should be included separately to the remainder of the PCCS funds. so it was transferred to designated accounts. Purposes of Endowment Funds: The fund represents an endowment where the capital must be retained by the PCC but the income may be used for any general purpose of the PCC. Income from the fund is therefore included as part of the general fund. 18
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