2022-12-31-accounts

Trustees' Annual report	Trustees' Annual report		2 —11
Statement ofParochial	Church Council (PCC) responsibilities		12
Independent auditor's	report to the PCC ofStStephen's	Church	13-15
Statement ofFinancial	Activities		16
Balance Sheet			17
Statement ofcash flows			18
Notes to the accounts			19-27

The Charity's	bankers	and investment managers	and investment managers	are CCLA Investment Management	are CCLA Investment Management	Ltd, Senator	House 85 Queen
Victoria Street London		EC4V 4ET and Barclays		Bank UK PLC, 1 Churchill Place London E145HP.
The members	who held	office from I January 2022 until the date ofsignature ofthis report and the accounts were:
Lay Chair			Colin Matthews	(SC,
			P&S)
Clergy			Rev. Jez Barnes M&M, P&S)	(SC,	Rev. Rachel Bedford (M&M)
			Rev. Dave Cokayne
			(M&M)
fVardens			Colin Matthews		Sarah Gough(SC FAB
			(SC,P&S)		M&M Chair, P&S)
Secretary and note«taker			Nicola Patel (Secretary, non-voting, SC,FAB,		Caroline Perry (Note-taker,
			P&S)		M&M)
Lay readers			Les Taylor (M&M)		JoDixon
Deanery Synotl members			David Parish		Tony Dixon (FAB)
			Mike Wilkinson		Anne Warren
			Sandra Jennings		Zac Jopling (M&M)
Elected lay	members		Jen McCole (P&S Chair, SC)		Jeannie Mee (P&S)	Mike Wainer	(FAB)
			Matthew Baird	(SC,	Ross Yarrow (M&M)	IIelen Chen
			Treasurer, FAB	Chair)
			David Sandford	(M&M)	Brenda Begg (SC)	Chris Askwith Safeguarding	(P&S Otricer)
			Louise Messer (M&M)		Ben Pearman (M&M)	Shammah Banerjee (M&M)
			Elaine Johnston	(P&S)	Maggie Chan (P&S) (from 25April 2022)	Mark Myddleton (from 25 April 2022)
			Amelia McLauchlan		Loretla Kiritharan
			(Irom 25 April	2022)	(to 25 April 2022)
SCdenotes members ofthe Standing Committee P&Sdenotes members ofdie Personnel and Safegiiarding					FABdenotes tnember ofthe Finance, Audit and Buildings M&M denotes members ofthe Afission and Ministry

			~narc
	Notes	2022	2022	2022	2021	2021	2021
		Unrecirleied	Restricted	Total	Unle¹dctcd	Re¹ricicd	Teinl
		~III		Snndc	~tree&	Send ~	~tl lnll
		8	8	8	8
INCOME PROM:
Donations and legacies
Voluntary income from Donors		1,001,531	11,970	1,013,501	855,708	29,404	885,112
Other voluntary income		113,783		113,783	50,000		50,000
		1,115,314	11,970	1,127,284	905,708	29,404	935,112
Charitable activities		181,839		181,839	91,003		91,003
Investment income - interest		1,691	53	1,744
TOTAL INCOME	2	1,298,844	12,023	1,310,867	996.778	29,406	1.026,184
EXPENDITURE ON:
Chnritable activities		1,280,951	50,195	1,331,146	1,014,962	58,890	1,073,852
TOTAL EXPENDITURE	3	1,280,951	50,195	1,331,146	1,014,962	58,890	1,073,852
Nct income I(expenditure)		17,893	(38,172)	(20,279)	(18,184)	(29,484)	(47,668)
Gross transfers between funds	12	(10,363	10,363		(2,101)	2 101
Nct movement in funds		7,530	(27,809)	(20,279)	(20,285)	(27,383)	(47,668)
RECONCILIATION OF FUNDS
Total funds brought forward		966,160	1,142,660	2,10&,820	986,445	1,170,043	2,156,488
TOTAL FUNDS CARRIED FORWARD	IG	973,690	1,314,851	2,088,541	9G'6,1GO	1,142,660	2,108,820

							2021
			Notes
Tangible irised assets					1,705,843		1,737,849
Current assets
Debtors			10	84,029		119947
('ash al bank mul in	hand			375,443		317,017
				459,472		436,964
Creditors: falling dnc within		one year	11	(76,7741		65,993
Net current assets					382,698		3i0,971
Nct assets less current Itahllities					2,088,54i		2,1(N,820
Net assets					2,088,541		2,108,820
Reserves
Restricted Au)ds:
Cros8way			12	1,103„487		1,132,876
Vicar'8 dian etiona)y	limd		12	3,332		3,746
Ilal dship flu'ld			12	5.607		5,807
Ukrainian fund				2,425
Clnlstclnu'ch Fclthanl			12			(i0
C)lobal Engagement	i'und		12			171
					1,114,851		1,142,6&')0
Unrestricted funds:
F)scd asset fcsctvc			13	602,356		604,973
Ru)IdInc/(. Bpltlll fund			13	100,000		75,000
(icncral fund			13	271,334		286),187
							9(i&i,160
			16)		2,088,541		2,108,820

				2022	?021
Cash flows from operating	activities			92,514	(33,923)
Cash flows from investing	activities
Purchase offixed assets				(34,088)	(40,281)
Cash flows from financing	activities
Change in cash and cash equivalents		in the	year	58,426	(74,204)
Cash and cash equivalents	at the beginning		ofthe year	317,017	391,221
Cash and cash equivalents	at the end	ofthe	year	375,443	317,017

Reconciliation ofnet income/(expenditure) to net c	ash flows from operating activities
	2022	?021
Net income/(expenditure) for the year Depreciation (Increase)/decrease in debtors Increase/(decrease) in creditors	(20,279) 66,094 35,919 10,781 92,514	(47,668) 59,586 (67,886) 22,044 (33,923)

2 TOTAL INCOME	2 TOTAL INCOME	2 TOTAL INCOME	2 TOTAL INCOME
						2022			2021
					General			General
					Unrestricted	Restricted	Total	Unrestricted	Rest&icted		Total
					Funds	~Fs ds		Funds	~us
					g		g		g		g
Voluntary income from donors
Regrdar giving					589,563		589,563	585,562			585,562
Income tax recoverable on standing			orders		125,444		125,444	125,507			125,507
Single gifts
direct gcvia charitable				agencies	241,297	9,570	250,867	118,530	24,730		143,260
Income tax recoverable on single gifts					42,431	2,400	44,831	24,673	4,001		28,674
Collections at all	services				2,796		2,796	1,436		673	2,109
					1,001,531	11,970	1,013,501	855,708	29,404		885,112
Ottter voluntary	incoming	resottrces
Legacies					113,783		113,783	50,000			50,000
					113,783		113,783	50,000			50,000
Total Donatioos	and legacies				1,115,314	11,970	1 127284	905,708	29,404		935,113
Activities for generating funds
Insurance claims					4,137		4, 137
Crossway &Church lettings					67,552		67,552	26,431			26,431
Properly rent					75,574		75,574	48,537			48,537
					147,263		147,263	74,968			74,968
Incoming resources frotn cttaritabte				activities
Little Acorns/Refresh					6,259		6,259	1,386			1,386
Income from events (note 7J					26,182		26,182	10,291			10,291
Fees					2,135		2,135	4,358			4,358
					34,576		34,576	16,035			16,035
Total resources	from charitable				181,839		181,839	91,003			91,003
activities
Interest incotne
Vicar's discretionary fund						53	53				2
Unrestricted fund					1,691		1,691	67			67
Total investment	income				1,691	53	1,744	67		2	69
Total incotnlng resources					1,298,844	12,023	1,310,867	996,778	29,406		1,026,184

Notes to the	acco	unts									StStephen's			Church,		Twickenham
for the enr to 31December					2022						Registered		charity number:				1131378
												Annual			report	and accounts
3	TOTAL			EXPEND1TVRE
								2022					2021
							Getwral				General
							Unrestrlctecl	lfestrlcted		Tntal	Unrestricted	Ifestrtcted					Total
							It ls	FunCk			~umfs		I ttnds
							g				g
Grnnts- see note 4
Global engagement							70,997	20,200		91,197	19,308			28,500			47,808
UK engagement							?7,578		5&7	2S,165	27,645			1,002			2&,647
Common Fund	- support		tc other		parishes	in
London Diocese							89,800			89,800	85,000						85,000
							188,375	20,787		209,162	131,953			29,502			161,455
Actlttltles directly relatfng				to tike work oftke clntrck
Common Fund	- Parish		standard		cost		85,200			85,200	85,000						85,000
Additional clergy and parish costs							103,752			103,752	51,404						51,404
Children's work							84,602			84,602	71,777						71,777
Youth work							67,734			67,734	78,371						78,371
Pastoral							63,615			63,615	43,590						43,590
Worship							47,596			47,596	32,534						32,534
Houses: rent, upkeep		&depreciation					41,435	6,963		48,398	48,470			6,963			55,433
Church running	costs &		maintenance				8&,117			88,117	81,247						81,247
Service fees							3,268			3,268	4,073						4,073
Fees (CofE)							1,461			1,461	2,433						2,433
Events expenditure		(note		7)			54,432			54,432	10,064						10,064
							641,210	6,963		648,173	508,962			6,963		515,925
Sttpport costs -	see note		S
Administrative &support			staff				236,530		19	236,549	137,597						137,597
Communication	and	publicity					102,322			102,322	131,317						131,317
Church office							41,985			41,985	42,294						42,294
Bank charges							550			550	515						515
Crossway							57,179	22,425		79,604	51,324			22,425			73,749
Govemancc costs ~ audit			and other		financial	fees	]2,800			12„800	11,000						11,000
							451,366	22,445		473,811	374,047			22,425		396,472
Total cost ofcharitable			activities				1,280 951	50,]95		1,331,146	1,014,962			58,890		1,073,&52

Grants - Missionary	Grants - Missionary	Grants - Missionary	and	cbaritnble	giving
						2022			2021
				Global		UK		Global	UK
				Engagement f		cngagcmcnt f	Total f	Engagement	engagement f	Total
To institutions
Radstock Ministries	(Paul Williams)				3,948		3,948	3,938		3,938
CPAS						3,000	3,000		3,000	3,000
Crossway Pregnancy		Crisis Centre				6,200	6„200		6,200	6,200
St Stephen's School						6,800	6,800		6,800	6,800
TWMAS/Crosslight						6,000	6,000		3,000	3,000
St Peters Church									4,500	4,500
St Marys and St Albans - Activate						3,000	3,000		3,000	3,000
Alpha Churches Poland					50,750		50,750
4(2021;1)grants less		than f1,000			429	656	1,085		500	500
GGlb I G1
Tearfund								8,000		8,000
SOMA					5,000		5,000	5,000		5,000
ASHA					15,000		15,000	]5,500		15,500
To individuals:
Bob &Beckp Faber Riclmrd Gordon-Smith 15(2021:7)grants less than 81,500 Total					7,350 7,660 1,060 91,197	2,509 11,161	7,350 7,660 3,569 111362	7,350 7,660 360 47,808	I 647 28,647	7,350 7,660 2,007 76,455
To ige Diocese ofLondon Common Fund —support to other parishes Total					91,197	89,800 1]7,965	89,800 209,162	47,808	85,000 113.647	85,000 161,455
Being: Unrestricted Fund					70,997	117,378	188,375	19,308	112,645	131,953
Restricted Funds					20,200	587	20.787	28 800	1,002	29,502
					91,197	117,965	209,162	47 808	113,647	161,455

9Tangible fixed assets	9Tangible fixed assets			Freehold	land	Plant and	Total
				(k buildings		equipment
				K		g
Cost or valuation
At beginning ofyear				2,619,361		376,059	2,995,420
Additions Disposals At end ofyear				2,619,361		34,088 ~(7,679 402,468	34,088 ~(7,679 3,021,829
Depreciation
At beginning ofyear				949,542		308,029	1,257,571
Disposals						(7,679)	(7,679)
Charged in year				41,423		24,67!	66,094
At end ofyear				990,965		325,021	1,315,986
Net book value
At 31December 2022				1,628,396		77,447	1 703 843
At 31 December 2021				I 669	819	68 030	1 737 849
Land and buildings						2022	2021
At Cost
Church Office, 30Crown		Road				197,343	197,343
Two residential properties,		Richmond	Rond			457,303	457,303
Church Hall, Crossway						1,370,328	1,370,328
Two other residential	properties					594,387	594,387
						2 619361	2619361

10Debtors
			2022	2021
income tax recoverable			46,245	99,538
Other debtors			1,681	9,573
Prepayments	and accrued	income	36,103	10,836
			84,029	119,947
11Creditors	due within	one year
			2022	2021
			f.
Other creditors			13,345	9,043
Social security and other		taxes	9,951	8,336
Accruals and	deferred income		53,478	48,614
			76,774	65,993

	Crossway	Vicar's fund	Christ- church	kr . . Ukrainian d	kr . . Ukrainian d	Global engagement	Hardship	Unrestricted	Total
			Feltham			fund	fund
				f.			S
As at31December 2022
Cash at bank and in hand		3332		2,425			5,607	364,079	375,443
Debtors						1,022		83,007	84,029
		3332		2,425		1,022	5,607	447,086	459,472
Current creditors						(1,022	-	(75,752)	(76,774)
Nct current «sscts		3,332	-	2,425			5,607	371,334	382,698
Fixed assets	1,103,487							602,356	1,705,843
	I 103487	3332	-	2 425			5 607	973690	2008.561
As at 31December 2021
Cash at bank and in hand		3,746					5,807	307,464	317,017
Debtors			60			1,994		117,893	119,947
		3,746	60			1,994	5,807	425,357	436,964
Current creditors						(1,823)	-	(64,170)	(65,993)
Net current assets		3,746	60			171	5,807	361,187	370,971
Fixed assets	1,132,876							604,973	1,737,849
	1 132876	3746	60			171	5 807	966,160	2,108,820