## **The Parish of Bush Hill Park, St. Mark's & St Stephen’s, Enfeld** ## **ANNUAL REPORT OF THE PAROCHIAL CHURCH COUNCIL** ## **for the year April 2022 to March 2023** ## **Administrative Information** The following PCC members have served in the current year, initially following their election at the July APCM to serve the individual PCCs of either St Marks or St Stephens and then serving the joint single PCC of the united Parish of Bush Hill Park, St Marks and St Stephens, following the EAPCM in October 2022: ## **Incumbent:** Revd Prebendary Dr Amatu Christian Iwuagwu **Wardens** Maria Hohenkirk, Obinna Opurum, Karen Lo, Helen Bridge ## **Elected Members:** - Maureen Banks - Eka Benson  Jimmy Benson - Princess Christian-Iwuagwu - Elisabet Ekpenyong (Ex Officio – Deanery Synod representative) - Stella Fawehinmi - Patricia Johnstone (Safeguarding Officer) - Gail Judd (Childrens’ Champion) - David Lo (Treasurer) - Rev’d Kechinyere Onwuka - Chioma Olebara (vice chair) - Pauline Pearson (Enrolment Officer) - Wilhelmina Piggott (Deputy Assistant Warden) - Brian Reed - Ann Reid (PCC Secretary) - Elsie Rigden - Kerry Rushton - Pavel Stebl (resigned during the year) - Lou Tully - Clare Wheeler (Guides Representative) - Jeanette Wright (Ex Officio – Deanery Synod representative) 1 ## **Structure, Governance and Management** The method of appointment of PCC members to the PCC is set out in the Church Representation Rules. Elections for all posts take place annually with the exception of the Deanery Synod Representatives, who are elected every three years. All church attendees are invited to register on the Electoral Roll and stand for election to the PCC. The PCC has met 10 times since its election in July 2022, usually every 6 to 8 weeks but with occasional emergency meetings after the Sunday service if an issue needs to be discussed urgently. The members of the united PCC continue to learn a lot from working together, both within the context of the PCC and in wider church life, modelling for Parishioners our new approach to the combined Parish. During this first year of the new Parish the focus has been on embedding the policies and practices needed to help the Parish run smoothly. In addition to dealing with day-today business and maintenance issues, the PCC meetings are starting to consider the future mission of the combined Parish and how we can best serve the people in our Parish. In September an Awayday at the Royal Foundation of St Katharine’s was well attended by PCC members. During that day our vision and working arrangements for the new Parish were discussed under the guidance of Fr Nigel Taylor and members found the day to be very constructive. In March we were delighted to welcome the Bishop of Edmonton to the Parish to bless the union of the 2 parishes as part of his farewell Diocesan Pilgrimage. ## **Pastoral Ofces** The ministry of the parish also extends to many people on an occasional basis. Here are last year’s figures. |**Ofce**|**St Mark’s (SM) and St**
**Stephen’s (SS)**| |---|---| |Baptism|5 (SM=1, SS=4)| |Marriages|9 (SS)| |Confrmation|15 (SS)| |Funerals Including Interment of
Ashes|6 (SS)| ## **Conclusion** The PCC looks forward to consolidating what we have achieved in this inaugural year as a single Parish. Members are grateful for the support of other Parishioners in their work and will continue to rely on their help as we work to put our Mission Action Plan in place. Finally, on behalf of the Parish I would like to express appreciation for the contribution of those who will now be stepping down from their roles and we thank them for all their work while they have been on the PCC. 2 Approved by the PCC and signed on their behalf by Revd Prebendary Dr Amatu Christian Iwuagwu ................................................................................. Signature ..............11.05..2023................................................. Date 3 Pl atoment ol finanei•l athvltles forth• •r•*i ed ReYntt￿ Tot8,, FwJ5 Fu￿9 2D Tola,, 2021 rtes 19794 4407 Voluni¥ry rer¢lpls I￿￿8 tax recovoTÈW8 sisi¥tory fees A¢tivili9s Iwoe￿￿11ryd furwts Receik*$ from CAL￿ WIiTrJ Tthal re￿Ilts 15.380 13 082 15380 13082 14Y 16.WX) 47ZJ3 14Y 5235 12.180 43 890 47.233 1740) 13L tJyJ 31 110 Dlocesan & deonery pgrish sharn Oiher paynwis Ch8ritable donalths Tot81 p8ymonts 17.4Q) 25,282 650 43.332 174 25.282 650 43 332 exus• of ￿￿Offl• owr•xp•ndltufv 3.wl 3901 127P•J 113 21 Income frem I￿e*Mert Irrtere51 N•t •xc•s* of In¢(ffiry •x￿ndIt￿M 804 of fina n*s 31*t Dec•m DetrAor turrenl account BF Ctturr* ol E￿I8￿j d•W hjrwj 23.720 23 720 .383 33 $47 33Y7 20 135 Inv￿m•ni ￿roU Tot41 Cu￿9￿1 As%els 21,451 21.451 21 4$1 33.Y7 49 587 Ltsss cr*fRo¢g IYlb* yfr•F 1.247 1247 AccutnulAied lthj 10 28 135 21.451 21 451 21.451 ,8t Mark's Gh rch Bush Hlll P rk Fina lal s r ended 31 D￿ember 2022 Notes 1 Accoun I￿$ Thg financjal ststemènts ol the Par￿h181 Churth Counryl IPCC} have been p￿pared in 8ccordanct th FRS 102" The Finan￿81 ReForting stsndard applicable in thè UK Republ￿ of I￿land. and the ￿QuIrements of Companies Act 21kn, tG¥*r wth thè Churth Ac£￿￿n￿"ng R&3ulatsons 2cyX and section 43 of tho Charibes ALI 1993. Funds Unrestr¢*od fund5 ieprewit the of thè PCC that are availab￿ gener818ppli¢2tson PUfFX)se. Restricted funds ￿present the fvnds ofthè PCC that arè donaby ts the appI￿atrOn of specthc pu￿$8. rasourc Voluntary re(*ipts, ststtrtory fees aThJ for ger￿Tal•j ftJnd$ are fecognised when received. Income tax reCovera￿e and all other inccry rBSOUKeS a￿ reccgnth1 when ￿ce1Vable and accounted for gr05S Resou Expènditure is generally r8cogni8&Y when rt L8 ir￿rr￿j aThJ aco)unl8d forgross. The Church has ￿ fixed assets. Investrn8nt 15 valued at market Va￿ a5 ateThJ 31st December 2022 Unre8trthd FuT¥Js 2021 Funds 2022 Inc 2a Voluntary receipts Gift aided gttring Non gift akyed givirKJ Service plate collectK)n8 Other charita)le donath)ns 11.957 16,694 2.495 575 29 19.794 15,380 2b Income tsx re¢tsvèrab Accountiw year 2022 AccountirrfJ year 2021 A￿Uth"ng year 2020 Accounting year 2019 S.033 4,050 4.407 4.407 13.082 Gift aKI aecounting yw$ 2022 to be in 2023 2¢ Statutory fees Baptism f88S Marriage banrts feBs Funeral fees L*strab"on 120 548 1,626 2.294 416 2d Acb"vrties for generating Ivnds Broadband aprA Carol siTvJirvJ ghts of Love Quvi nights Fairtrade raffle Easter raffle Harvest sUp￿r ChrTstrna$ raffle Christrnas fayre Gospd nèjht 3,760 132 230 115 87 250 122 112 1.454 5,235 2e R￿ipts from thir¢h lèth.ng R6ntsl ol church Rentsl of pa￿h centre 160 12,000 12,160 16,0 16. Financial statements for the ear ended 31 December 22 Unres*ricted Funds 2022 Unrestricted Funds 2021 Resources ex end 3a Diocesan & deanery parish sha London diowan ccthmon fvnd 17.400 17.400 3b Other payments FurKlraising costs Church upkeep Church major works Church service exFenses Church administration Clergy expenses Service fees Church utilty costs 492 6,062 500 1.923 9,180 1.983 459 3.012 25 1,047 13,1AO 3,956 25,282 3c Charrtable donations Nighbngale Trust CMS 3CIJ 350 650 350 650 4 Income from investment CBF Church of England investment fund 143 21 S Interest receivable HMRC Interest CBF Church of England deposrt fund 76 122 Financl I nded 31 r 2022 Unrestrted 2022 Unrestricted 2021 6 Debtor- tax recovorable 4.000 7 CBF Church deposit fund receipt Balance 1st Jan Interest receiv 8al8n¢e 31st Dee 5.752 76 5,828 5,749 5,752 Restricted 2022 Restricted 2021 8 Investment account Balance Isl Jan Investment ino)me {interesti Transferred to bank current a(￿￿nt Balance 31st Dec 21.451 143 -143 21,451 21,451 21 -21 21,451 Investment represents the net proceeds from the sale of Sl Francis Hall {MaTch 19781 and rt is reslricled lo the maintenance of the church building. Income from the investment is transferred to the Church's current bank account for ordinary church purwse. It is currenlty invested in the CBF Church of England Investment Fund. Unreslricted 2022 Unrestricted 2021 9 Creditors due within one year Upkeep of church Upkeep of services 767 1.247 Year 2022 Year 2021 10 Accumulated fund Balance 1st Jan Surplus income Balan￿ 31st Dec 28,135 4,165 15,331 12.804 28.135 Year 2022 Year 2021 11 Endowment furKF Balance 1st Jan Nel movement In year 2022 Balance 31st Dec 21,4S1 21,4S1 21,451 21,451 12 Rektfjd party Glergy expenses were agreed by the PCC and revieh*d annualty. No other payments were made lo PCC members Inde ndent examinerfs rè t the PCC otst. Mark's Bush Hill P rk E fi• This report on the financial statements of the PCC for the year ended 31st December 2022, as set out, 18 In respect of an examinatv)n carried out in a￿￿rdance with the Church Accounting Regul8¥ons 2006 {Ihe Regulations,) and ￿tiOn 43 of the Charibgs N£t 1993 (Ihe ACVI. R•spectlv¢ roopon¥lbllltle8 of the PCC and tho examln•r Ag member of the PCC yt)u are responsiL4e ft)rtho preparation of the financial ststements. You consider that the audit requirement ofth6 Regu￿￿)n$ and wtion 43(2) of the Act do not apply 11 is my reswsibility to Issue this rep)rt C￿ those finaniial statements in acmlance with the terms of the the Ragulatons . Bas18 of th1• rnport My examinalion wa8 carried out in awordance vAth the General Direction$ gNen by th6 Charity Commlssion under section 43(7llbl of the Act and a￿ found to be in the Church Guld8nca. 20C6 edltion, issued by the Finance DNi$ion of the Ar¢hbishops' Council. The examination includes a review of the a¢counting records kept by the PCC and a ￿9MparI￿n of th& aC￿Unts wlth those records. It al80 includes considering any unusual items or disclosuies in Ihe finandal 5tatem8nls and seeking explanations from you as trustee5 Conceming any sl￿ matters. The procedures undertaken do not provide 811 the evldence th* would be requirad in an audi(8nd consequently I do not express an aLKJit opinion on the view given ty the accounts. Independent •xamln•V$ 8tatem•nt In connection with my examination, no matter has to my attention.. 1 whth gives me r8a50nabk cause to belwe that in any materEal resp￿ requirements a. to keep accwnting rewrds in 8￿rdanI% With s0¢t￿)n 41 of the Act., and b. to preparè financial statements T•thich accord ￿th the accouniing records and Comply wth requirements of Ihe A¢t and the Regulation have not been mrt 2 to which. in my opinion. attenbon st￿Uld t* drwn in order lo eTrab￿ a proper understsnding ol the awounts to b8 re&hed Signed.. 9>5 Prlnt Nam&'. K£hJ6 Si£ Address.. k/3 6//r Fw 1• 7• 1b Vth*ary FW¢R) io) 25• 15. 15. 16. 113210 I￿? 113.310 41.474 21010 fco 24 515 23 xffio 1fAI 31.612 1¢¢.4 31.6¢ fLbJ ?W.X6 78832 12a)4 474 a1154 4?.*3 A1 .159 4018 ai at31st 103).￿7 Z1611 63.1 13.567 61.077 97 145 1.103.7•7 811.ts) 1,103.7B7 1 11Z816 's Ctt4Jrch Bush Hlll P cl I tatementBtorth fièld 31st sts The finanLyal $tstern8nts dtrNry Parr¢hKg1 C￿rch IPCCI twn pryred n wyd•rt• wilh FRS 102. Tho Fin8nci#l St￿lar0 aF¥￿tIO in thè UK#nd Rapubk of Ird8nd" and r8ouiremnts of cornp8n￿ AdX(x8. U* Church A¢iwnling R8gJats"ws 2C(E and 43 of the C4arilaes A¢t 19Y3 Funds unrtstri￿ th• hrts dthe pcc thgt 8t& 8¥*t4e aFWtstion wrp) Ro8tii¢ted fvnd¥ r8pr•5Wt￿ fwds of the PGC tst Are dc•ated for tho purpp$8. VO￿nIary re¢èwt8, oranl and ¥tstutrry ar¢ recc4JnB•d r￿ty1. Tax ?NJ 11 othoT 80 rocognwl is T￿￿1¢. An r8sour¢es ar• 8cwJntwJ fw grt)SS. C￿8èCratsl prowrty is Mt in fv •cwmts ￿ acwdarte*ith S 98(21 ofth Charities Ad 1 T8n￿￿o fix•J 88s•ts arts ￿ at d¢pr¥4atK DgFTrCk91KJn is reccgntsod so as to wits off ts Y￿U8 astyats Cfi A 6tra¥Jht ITh bw"s over I Frethdd Pr￿rty' . (PM 50 yew5 Ofkn equr￿ . fNer 4 ye¥¥ Invè&tm8nt ot mFrW ao fit 31$t D￿•M￿2￿. Funds 2022 FuTr18 9,012 Gfft aided grfl aided 11.211 2.171 411 1.357 13.W25 WeddirvJ 8T¥Sfvnw Internm￿1 Z&37 215 3.052 1,555 331 c Othèr rKdin T8x rofund so￿8 78 2.521 6.6&9 15.991 10.207 16,￿] Rwt#l itc¢n•. h 18. Chwcb troll. wiU)oui rTIUSiC Chur¢h hal. with 32.214 27.876 60.1￿1 7,713 21.1 28.802 'sCh sh Hll Park nlt•ld nts forthe ear ndod 3 st Fl clal s cember 2Re Unre￿ncIed Funds 2022 Unrestrided Funds 2021 a Church Ministry-vlc8r servl Vicarage expenses Vicarag& asslstanc Lfjghl, heal and water Insurance Upkeep of servFces Churchyard and memotlal garden Perfoming righls Repalrs and malnlenance 100 3,547 13,692 4.3S6 8.027 2.934 5.903 301 918 3.798 8,583 2,579 3,939 4,409 24,515 41.474 Administration and general exp8ns85 London diocesan o)mmon fund London dirxesan 5talulory fees Donation- rnlsston8ry soclety Charllable purpose Trading and fundr8i&ng expenses Accountancy 2,922 18.000 1.488 3.580 18,600 474 400 23,254 cPro Aoenl and other fees Insurance Repalts and malnlenan¢e 1,104 636 3,740 5.480 1,807 603 2,057 4,527 Light, heal and water In￿rance Repairs and maintenanc* Cle&nirbg and materfals Major works Performing rlghts Postage, phone aThY station8ry 8,309 2.504 7.053 12,233 4.940 2.521 8.140 9,421 1,128 414 31,642 1.288 225 26,535 3 In Bank interest - Bardays 130 30 t 8t9 hèn'• Church Bush Hlll Pa Inanclal statèments for the r ond•d Id c•mbor 2022 2022 i￿0 Land & Office bJibJirYJ equlpment Total Cost or Wdluation As at 1st January 2022 y¢Jthong As at 31st 0e¢embèr 2022 1.CJ)O,000 3.643 1.003,843 10.877 1 010 877 D&preclatlon A¥ at 1st January 2022 Charge for th8 year As at 31st Decernt4r 2￿ 280,OC 3.338 1.963 283,3 305 299 Net Bc￿k Value As at 31st Decemtsr 2(r21 at 31st Dècembtrr 2tr22 720,000 7CQ.C 307 S,578 720,307 705.578 Land and buildiNa which s>ynprhe8 of the Churc* hall J8 induded th18 as atthe marktt value of Dgcember 2008. 20rd Cost or r8valu8tion As at 1st January 2022 Revaluation galn at 31st DeCeM￿r 2022 300.OCK) 300,000 300.000 Investment repra8ents tho fomier Curate hou8e owned by the Church at lfvedale Road. The hou8e was wevlou8ty shwm * K*t In 1982 aTrd18 Induded thh Y￿ as at the mark•t V8lue of December 2008. 2021 Tax r$fund Church hall lettiNJ Prepayrnents vi￿119e Church Hall PrOF￿ty. house 4.681 10.436 2,238 6,808 2.1 3.522 1.537 334 22.611 Z8ffs 1,419 302 2022 Churoh hall l¢ttiNJ Accrued exFen8e Church Hall 6.197 1,495 at 1st January 2022 In￿me Asat 318t D&c8mber 2022 IAemori#l 9ard•n Heartng lop v￿try upkeep 77 77e 7a 100 100 810 810 100 8 Clergy expen￿ Ythe agfegd by th& PCC and feviewed onnualty. Nts olher paym&nts wem mad& to PC¢ memteis Inde ndent examlnerfs re ort to the PCC of SL Ste hen's Bush Hill Park Enfield This report on Ihe financial Statements of the PCC for the year ended 31st De¢emb8r 2022. as sel out is in respect of an examinatson carfied out in accordance with the Church Accounting Regulations 20C6 ('the RegulatK)ns'l and section 43 of the Chaiityes Act 1993 (Ihe Arfl. Respe¢11￿ responslbllltles of the PCC and the examiner As member of the PCC you are responglble for the preparation of the financial statements. Yo consKJer that the audit requiremenl of the Regulations and se¢tion 4312) of the Act do nol apply. It is my responsibilty to issue this report on those finan¢ral statements in accordanc£ with the temis of the the Regulab'ons . Basls of th1$ report My examination was carried out in a¢cx)rdance with the G￿er81 Dir￿nS gNen by the Charity Commission under section 4317)Ib} of th8 Act and are found to fR in the chu￿ Guidance, 20C edition, issued by the Finance Division of the knhtxshops, Council. The examination includes 8 review of the acwunting records kept by the PCC and a r))mpanson of the acc¢)unts wth those record5. It also includes considering any unusual items or disdosures in the financial ststements and seeking explanations from you as trustees ￿nCernIng any such mattels. The procedures undertaken do not pro￿de all the eviden￿ Ihal woukd be required in an aud¢ and C￿SeqUenIty I do not express an audit opinion on the view given by the a¢￿ufits. Indepondent examlnerfs statemènt In conneth.on my examinatv)n. no mattw has come to my attentiffi: 1 which gives me reasonable cause to believe that in any maierlal respert the requirements a. to keep ac£ounling records in ac¢ordancè with section 41 of Ihe Ac( and b. to prepare fin8n¢ial statements which xcord with the aco)unting records and comply wlh requirements of the Aci ar￿ the Regulation have not been met or 2 to Wh￿h, in my OFMnion, attention shoukl be drawn in order to enable a proper understanding of the accounts to ie re￿hed Signed.. Date. /f/¥/J ?JS Print Name". KtA/6 JcA/A S/t Address.. l A//3 g¥/= Pl atoment ol finanei•l athvltles forth• •r•*i ed ReYntt￿ Tot8,, FwJ5 Fu￿9 2D Tola,, 2021 rtes 19794 4407 Voluni¥ry rer¢lpls I￿￿8 tax recovoTÈW8 sisi¥tory fees A¢tivili9s Iwoe￿￿11ryd furwts Receik*$ from CAL￿ WIiTrJ Tthal re￿Ilts 15.380 13 082 15380 13082 14Y 16.WX) 47ZJ3 14Y 5235 12.180 43 890 47.233 1740) 13L tJyJ 31 110 Dlocesan & deonery pgrish sharn Oiher paynwis Ch8ritable donalths Tot81 p8ymonts 17.4Q) 25,282 650 43.332 174 25.282 650 43 332 exus• of ￿￿Offl• owr•xp•ndltufv 3.wl 3901 127P•J 113 21 Income frem I￿e*Mert Irrtere51 N•t •xc•s* of In¢(ffiry •x￿ndIt￿M 804 of fina n*s 31*t Dec•m DetrAor turrenl account BF Ctturr* ol E￿I8￿j d•W hjrwj 23.720 23 720 .383 33 $47 33Y7 20 135 Inv￿m•ni ￿roU Tot41 Cu￿9￿1 As%els 21,451 21.451 21 4$1 33.Y7 49 587 Ltsss cr*fRo¢g IYlb* yfr•F 1.247 1247 AccutnulAied lthj 10 28 135 21.451 21 451 21.451 ,8t Mark's Gh rch Bush Hlll P rk Fina lal s r ended 31 D￿ember 2022 Notes 1 Accoun I￿$ Thg financjal ststemènts ol the Par￿h181 Churth Counryl IPCC} have been p￿pared in 8ccordanct th FRS 102" The Finan￿81 ReForting stsndard applicable in thè UK Republ￿ of I￿land. and the ￿QuIrements of Companies Act 21kn, tG¥*r wth thè Churth Ac£￿￿n￿"ng R&3ulatsons 2cyX and section 43 of tho Charibes ALI 1993. Funds Unrestr¢*od fund5 ieprewit the of thè PCC that are availab￿ gener818ppli¢2tson PUfFX)se. Restricted funds ￿present the fvnds ofthè PCC that arè donaby ts the appI￿atrOn of specthc pu￿$8. rasourc Voluntary re(*ipts, ststtrtory fees aThJ for ger￿Tal•j ftJnd$ are fecognised when received. Income tax reCovera￿e and all other inccry rBSOUKeS a￿ reccgnth1 when ￿ce1Vable and accounted for gr05S Resou Expènditure is generally r8cogni8&Y when rt L8 ir￿rr￿j aThJ aco)unl8d forgross. The Church has ￿ fixed assets. Investrn8nt 15 valued at market Va￿ a5 ateThJ 31st December 2022 Unre8trthd FuT¥Js 2021 Funds 2022 Inc 2a Voluntary receipts Gift aided gttring Non gift akyed givirKJ Service plate collectK)n8 Other charita)le donath)ns 11.957 16,694 2.495 575 29 19.794 15,380 2b Income tsx re¢tsvèrab Accountiw year 2022 AccountirrfJ year 2021 A￿Uth"ng year 2020 Accounting year 2019 S.033 4,050 4.407 4.407 13.082 Gift aKI aecounting yw$ 2022 to be in 2023 2¢ Statutory fees Baptism f88S Marriage banrts feBs Funeral fees L*strab"on 120 548 1,626 2.294 416 2d Acb"vrties for generating Ivnds Broadband aprA Carol siTvJirvJ ghts of Love Quvi nights Fairtrade raffle Easter raffle Harvest sUp￿r ChrTstrna$ raffle Christrnas fayre Gospd nèjht 3,760 132 230 115 87 250 122 112 1.454 5,235 2e R￿ipts from thir¢h lèth.ng R6ntsl ol church Rentsl of pa￿h centre 160 12,000 12,160 16,0 16. Financial statements for the ear ended 31 December 22 Unres*ricted Funds 2022 Unrestricted Funds 2021 Resources ex end 3a Diocesan & deanery parish sha London diowan ccthmon fvnd 17.400 17.400 3b Other payments FurKlraising costs Church upkeep Church major works Church service exFenses Church administration Clergy expenses Service fees Church utilty costs 492 6,062 500 1.923 9,180 1.983 459 3.012 25 1,047 13,1AO 3,956 25,282 3c Charrtable donations Nighbngale Trust CMS 3CIJ 350 650 350 650 4 Income from investment CBF Church of England investment fund 143 21 S Interest receivable HMRC Interest CBF Church of England deposrt fund 76 122 Financl I nded 31 r 2022 Unrestrted 2022 Unrestricted 2021 6 Debtor- tax recovorable 4.000 7 CBF Church deposit fund receipt Balance 1st Jan Interest receiv 8al8n¢e 31st Dee 5.752 76 5,828 5,749 5,752 Restricted 2022 Restricted 2021 8 Investment account Balance Isl Jan Investment ino)me {interesti Transferred to bank current a(￿￿nt Balance 31st Dec 21.451 143 -143 21,451 21,451 21 -21 21,451 Investment represents the net proceeds from the sale of Sl Francis Hall {MaTch 19781 and rt is reslricled lo the maintenance of the church building. Income from the investment is transferred to the Church's current bank account for ordinary church purwse. It is currenlty invested in the CBF Church of England Investment Fund. Unreslricted 2022 Unrestricted 2021 9 Creditors due within one year Upkeep of church Upkeep of services 767 1.247 Year 2022 Year 2021 10 Accumulated fund Balance 1st Jan Surplus income Balan￿ 31st Dec 28,135 4,165 15,331 12.804 28.135 Year 2022 Year 2021 11 Endowment furKF Balance 1st Jan Nel movement In year 2022 Balance 31st Dec 21,4S1 21,4S1 21,451 21,451 12 Rektfjd party Glergy expenses were agreed by the PCC and revieh*d annualty. No other payments were made lo PCC members Inde ndent examinerfs rè t the PCC otst. Mark's Bush Hill P rk E fi• This report on the financial statements of the PCC for the year ended 31st December 2022, as set out, 18 In respect of an examinatv)n carried out in a￿￿rdance with the Church Accounting Regul8¥ons 2006 {Ihe Regulations,) and ￿tiOn 43 of the Charibgs N£t 1993 (Ihe ACVI. R•spectlv¢ roopon¥lbllltle8 of the PCC and tho examln•r Ag member of the PCC yt)u are responsiL4e ft)rtho preparation of the financial ststements. You consider that the audit requirement ofth6 Regu￿￿)n$ and wtion 43(2) of the Act do not apply 11 is my reswsibility to Issue this rep)rt C￿ those finaniial statements in acmlance with the terms of the the Ragulatons . Bas18 of th1• rnport My examinalion wa8 carried out in awordance vAth the General Direction$ gNen by th6 Charity Commlssion under section 43(7llbl of the Act and a￿ found to be in the Church Guld8nca. 20C6 edltion, issued by the Finance DNi$ion of the Ar¢hbishops' Council. The examination includes a review of the a¢counting records kept by the PCC and a ￿9MparI￿n of th& aC￿Unts wlth those records. It al80 includes considering any unusual items or disclosuies in Ihe finandal 5tatem8nls and seeking explanations from you as trustee5 Conceming any sl￿ matters. The procedures undertaken do not provide 811 the evldence th* would be requirad in an audi(8nd consequently I do not express an aLKJit opinion on the view given ty the accounts. Independent •xamln•V$ 8tatem•nt In connection with my examination, no matter has to my attention.. 1 whth gives me r8a50nabk cause to belwe that in any materEal resp￿ requirements a. to keep accwnting rewrds in 8￿rdanI% With s0¢t￿)n 41 of the Act., and b. to preparè financial statements T•thich accord ￿th the accouniing records and Comply wth requirements of Ihe A¢t and the Regulation have not been mrt 2 to which. in my opinion. attenbon st￿Uld t* drwn in order lo eTrab￿ a proper understsnding ol the awounts to b8 re&hed Signed.. 9>5 Prlnt Nam&'. K£hJ6 Si£ Address.. k/3 6//r Fw 1• 7• 1b Vth*ary FW¢R) io) 25• 15. 15. 16. 113210 I￿? 113.310 41.474 21010 fco 24 515 23 xffio 1fAI 31.612 1¢¢.4 31.6¢ fLbJ ?W.X6 78832 12a)4 474 a1154 4?.*3 A1 .159 4018 ai at31st 103).￿7 Z1611 63.1 13.567 61.077 97 145 1.103.7•7 811.ts) 1,103.7B7 1 11Z816 's Ctt4Jrch Bush Hlll P cl I tatementBtorth fièld 31st sts The finanLyal $tstern8nts dtrNry Parr¢hKg1 C￿rch IPCCI twn pryred n wyd•rt• wilh FRS 102. Tho Fin8nci#l St￿lar0 aF¥￿tIO in thè UK#nd Rapubk of Ird8nd" and r8ouiremnts of cornp8n￿ AdX(x8. U* Church A¢iwnling R8gJats"ws 2C(E and 43 of the C4arilaes A¢t 19Y3 Funds unrtstri￿ th• hrts dthe pcc thgt 8t& 8¥*t4e aFWtstion wrp) Ro8tii¢ted fvnd¥ r8pr•5Wt￿ fwds of the PGC tst Are dc•ated for tho purpp$8. VO￿nIary re¢èwt8, oranl and ¥tstutrry ar¢ recc4JnB•d r￿ty1. Tax ?NJ 11 othoT 80 rocognwl is T￿￿1¢. An r8sour¢es ar• 8cwJntwJ fw grt)SS. C￿8èCratsl prowrty is Mt in fv •cwmts ￿ acwdarte*ith S 98(21 ofth Charities Ad 1 T8n￿￿o fix•J 88s•ts arts ￿ at d¢pr¥4atK DgFTrCk91KJn is reccgntsod so as to wits off ts Y￿U8 astyats Cfi A 6tra¥Jht ITh bw"s over I Frethdd Pr￿rty' . (PM 50 yew5 Ofkn equr￿ . fNer 4 ye¥¥ Invè&tm8nt ot mFrW ao fit 31$t D￿•M￿2￿. Funds 2022 FuTr18 9,012 Gfft aided grfl aided 11.211 2.171 411 1.357 13.W25 WeddirvJ 8T¥Sfvnw Internm￿1 Z&37 215 3.052 1,555 331 c Othèr rKdin T8x rofund so￿8 78 2.521 6.6&9 15.991 10.207 16,￿] Rwt#l itc¢n•. h 18. Chwcb troll. wiU)oui rTIUSiC Chur¢h hal. with 32.214 27.876 60.1￿1 7,713 21.1 28.802 'sCh sh Hll Park nlt•ld nts forthe ear ndod 3 st Fl clal s cember 2Re Unre￿ncIed Funds 2022 Unrestrided Funds 2021 a Church Ministry-vlc8r servl Vicarage expenses Vicarag& asslstanc Lfjghl, heal and water Insurance Upkeep of servFces Churchyard and memotlal garden Perfoming righls Repalrs and malnlenance 100 3,547 13,692 4.3S6 8.027 2.934 5.903 301 918 3.798 8,583 2,579 3,939 4,409 24,515 41.474 Administration and general exp8ns85 London diocesan o)mmon fund London dirxesan 5talulory fees Donation- rnlsston8ry soclety Charllable purpose Trading and fundr8i&ng expenses Accountancy 2,922 18.000 1.488 3.580 18,600 474 400 23,254 cPro Aoenl and other fees Insurance Repalts and malnlenan¢e 1,104 636 3,740 5.480 1,807 603 2,057 4,527 Light, heal and water In￿rance Repairs and maintenanc* Cle&nirbg and materfals Major works Performing rlghts Postage, phone aThY station8ry 8,309 2.504 7.053 12,233 4.940 2.521 8.140 9,421 1,128 414 31,642 1.288 225 26,535 3 In Bank interest - Bardays 130 30 t 8t9 hèn'• Church Bush Hlll Pa Inanclal statèments for the r ond•d Id c•mbor 2022 2022 i￿0 Land & Office bJibJirYJ equlpment Total Cost or Wdluation As at 1st January 2022 y¢Jthong As at 31st 0e¢embèr 2022 1.CJ)O,000 3.643 1.003,843 10.877 1 010 877 D&preclatlon A¥ at 1st January 2022 Charge for th8 year As at 31st Decernt4r 2￿ 280,OC 3.338 1.963 283,3 305 299 Net Bc￿k Value As at 31st Decemtsr 2(r21 at 31st Dècembtrr 2tr22 720,000 7CQ.C 307 S,578 720,307 705.578 Land and buildiNa which s>ynprhe8 of the Churc* hall J8 induded th18 as atthe marktt value of Dgcember 2008. 20rd Cost or r8valu8tion As at 1st January 2022 Revaluation galn at 31st DeCeM￿r 2022 300.OCK) 300,000 300.000 Investment repra8ents tho fomier Curate hou8e owned by the Church at lfvedale Road. The hou8e was wevlou8ty shwm * K*t In 1982 aTrd18 Induded thh Y￿ as at the mark•t V8lue of December 2008. 2021 Tax r$fund Church hall lettiNJ Prepayrnents vi￿119e Church Hall PrOF￿ty. house 4.681 10.436 2,238 6,808 2.1 3.522 1.537 334 22.611 Z8ffs 1,419 302 2022 Churoh hall l¢ttiNJ Accrued exFen8e Church Hall 6.197 1,495 at 1st January 2022 In￿me Asat 318t D&c8mber 2022 IAemori#l 9ard•n Heartng lop v￿try upkeep 77 77e 7a 100 100 810 810 100 8 Clergy expen￿ Ythe agfegd by th& PCC and feviewed onnualty. Nts olher paym&nts wem mad& to PC¢ memteis Inde ndent examlnerfs re ort to the PCC of SL Ste hen's Bush Hill Park Enfield This report on Ihe financial Statements of the PCC for the year ended 31st De¢emb8r 2022. as sel out is in respect of an examinatson carfied out in accordance with the Church Accounting Regulations 20C6 ('the RegulatK)ns'l and section 43 of the Chaiityes Act 1993 (Ihe Arfl. Respe¢11￿ responslbllltles of the PCC and the examiner As member of the PCC you are responglble for the preparation of the financial statements. Yo consKJer that the audit requiremenl of the Regulations and se¢tion 4312) of the Act do nol apply. It is my responsibilty to issue this report on those finan¢ral statements in accordanc£ with the temis of the the Regulab'ons . Basls of th1$ report My examination was carried out in a¢cx)rdance with the G￿er81 Dir￿nS gNen by the Charity Commission under section 4317)Ib} of th8 Act and are found to fR in the chu￿ Guidance, 20C edition, issued by the Finance Division of the knhtxshops, Council. The examination includes 8 review of the acwunting records kept by the PCC and a r))mpanson of the acc¢)unts wth those record5. It also includes considering any unusual items or disdosures in the financial ststements and seeking explanations from you as trustees ￿nCernIng any such mattels. The procedures undertaken do not pro￿de all the eviden￿ Ihal woukd be required in an aud¢ and C￿SeqUenIty I do not express an audit opinion on the view given by the a¢￿ufits. Indepondent examlnerfs statemènt In conneth.on my examinatv)n. no mattw has come to my attentiffi: 1 which gives me reasonable cause to believe that in any maierlal respert the requirements a. to keep ac£ounling records in ac¢ordancè with section 41 of Ihe Ac( and b. to prepare fin8n¢ial statements which xcord with the aco)unting records and comply wlh requirements of the Aci ar￿ the Regulation have not been met or 2 to Wh￿h, in my OFMnion, attention shoukl be drawn in order to enable a proper understanding of the accounts to ie re￿hed Signed.. Date. /f/¥/J ?JS Print Name". KtA/6 JcA/A S/t Address.. l A//3 g¥/=