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|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|
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|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|||
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||||~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)|
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|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|
##
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|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|
##
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##
||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|