The Parochial Church Council of the Ecclesiastical Parish of St. Simon, Hammersmith Report and Accounts Year ended 31st December 2022 Steward8hlp tivegenero54ty 1 Lamb's Passage, London EC1Y &4B w*M.$t•W8rdship.org.uk
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. SIMON, HAMMERSMITH LEGAL & ADMINISTRATIVE DETAILS FOR THE YEAR ENDEO 31 DECEMBER 2022 ADORESS FOR CORRESPONDENCE St. Simon'¥ Churth Rockky Road London W14 ODA GOVERNING tX)CUMENTS PCC Po*r5 Vea¥ure 1958 and thè Churth Repr¢wntsbon RU 2011 CFiARITY REGISTFiAMQN NUMBER 1131415 MEMBERS OF THE PCC The Reverend Cameron Collin9ton linCrnbet The Reverend. Madeleine Mlller leuratel MS Caroline e1n (church warden) Mr Daniel Prior Ichur¢h warden) Funlayo Akeredou Jonathan Browning Cbrist'ne Lee Quinn Jacintha Pèt•r5 J88on Tomlin8on 1tr8a8urgrl (reSned DMtser 20221 (resigned May 20221 [an SyncLI M8m)g Andrvw Bul Sally Richardson KEY M4NAGEMENT Samantha Drymlen IPCC Executivti Officerlchurth Ilana9erl &4NKERS HS8C PIC INDEPENDENT EXAMINER L8 Darby FCA StrdshiP 1 Lamb's Passag LONOON EC1Y &48 INDEX P•Jg 1 Pages 2-4 Page 5 Pa9e 6 Page 7 Pagos8-9 Legal & Adrninistratwe Dbtsils Trustee$, RepDrt Independent Examine¢8 Report ReIPtS aTrJ Paynts Account ststement ofAsse¢s & Liabili"es Notes to the Accounts Page 1
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. SIMON, HAMMERSMITH REPORT OF THE PAROCHIAL CHURCH COUNCIL FOR THE YEAR ENDED 31 DECEM8ER 2022 The PCC has pleasure in Submrfting the Rewt and Accounts for the year ended 31 December 2022. ObJ8ctlveB of tho charfty The charity is responsible for Cctroperating with the incumbent. in promoting in Ihe ec¢$$ticaI parish. the whole missKJn of the Church be it pastoral. eVange$ti¢, social or ecumenlcal. Summary of the charlty'8 maln actlvltlgs and •¢hlov•m•nts To ft&rther the above obpcbves 8nd vision. the charitys main a¢tivibe$ and a¢hVementS were as folbws." We conlrnue lo buikj OLtrr Jesu¢reil communty in Shepherdg Bush hosb"Trg Sunday ser¥ice$, seeking to deepen the faith of the cororegation and meet those (xrtside the four walls of the building. In addition to Sunday sCes. we have a netsrk of home grwps and praise and prayer meetings for adutts. The prayer 8Lmmlt lake$ pl%e monthly. We run children's grp8 which address the need$ of chiKlren aThl youth aged 2-18. All of this activity is deywJned to help the peOe of our clrCh lo go futherwrth God. We are aware of the needs of the wider communty in our area and look lo address these in a number of way5. We work with a number of organisations and have provided practal help with their outreach. During 2022 this ha$ included wothing with Safe Families UK. S¢)me members ol the chw¢h typallY lunteer with these groups. We h¢yst Fo)d Bank at the church tsbi¢e a week. The church runs a Boxing Club bi-%%ekly. These activitie5 are aimed * th'fferenl elements of our th41 community, lake place al the church and are run by church members. In line with the biblical principle of tithing it has long been the poIY of the PCC lo commit 10% of our inojme from giwng to wnission partners. We allocate to Christsan charities, in line wth our charitable aims. In decJing wtrmch grwps to parther with w& Icok cbsely al their aclivilies, aims and leadership. We particularfy f¢u$ groups who are wortirvJ in the devew'ng workl, although we also support organisations ck)ser lo home. s(h as Glassdoor. Most of tr* charws activrties are undertaken by vc4unleers and the charity Cld not ¢Jperate effeclivdy V•ilhout their efftjrts. In planning the actwitses the PCC has apFdied the guidafi on wblic benefft iu8 by the Charity C0ml$S1On. Page 2
Financlal rgviow Dtsring the year income decreased by £24,921. to £161.110, expendrture increased by £1,657. to £161,468. As a resutt the Cash hekl by the charty decreased by £358, 10 £92,938, all of wtruch 1$ unrestricted and can used for any Charrtab purpo$e. Our income from donatK)ns was down year on year, wilh the PCC Ctfftg not to hold a Gnl Day for thg first time in years. We are reliant on a combination of fegular giwng and one-off dOnatnS. The giving from the ¢hurch- even rin9 costs of INing- reflected the generosty of the Gorgregation in highly uncertain economic times. The PCC has been aware ofthe ongoing gap between average monthly iome and exn(CUre for some time. In order to address this. the commee approved a ttIngS poliw. In 2022. Ouf donations were sUpeMented by signfficanl ntaI gains. We were able ¢0 rerd al least seven regular leth'ngs. Our major exnrture remains on the Common Fund, wh&re we have for now continued to pay the full contr"bvts"on that the London diocese asks of us. It is important lo remember that as well a$ supporting the wider activthes of the Chufch of ErKJland, we recewe other benefts from this ¢ontribulion. The Ccrfnmon Fund request was ireaSed in 2022. In temi$ of financial contrds we have brought L>Jokkeeping and grft aid in house. Ttrms is rknv done by the Church Administrator witrt the result of a great cost saving and more visibilty. We 8re very grateful to Samantha Dowden for her wuk in these areas as wdl as overseeing the lettings. Rgser¥o8 poII¢y The PCC $eeks to maintain a sufficient level of reserves to support the day to day operations of St Simon's and to meet s[h contingencies as might be reasonably feSeen. Our pdicy rs to hold reseNe3 equivalent to 3 months expenditure, vthich would equate lo approximately £40,000. unrestn.cted cash reserves of £92,938 We held at the year end12021.' £93,295). therefore the chaeity is operating wilhin its reserve poli¢y. We are very min(Ilul of the effect of the pandemic as well as rising inflation on our ongTegation's INel1hcds and what that meany for regular giwing. For 2023, no material uncertainb.es that may cast sNJnificanl doubt about the ability of the Charity to conb'nue as a going concern have been hjentffied by ts Tnbstees. Gov•rnan¢o The charity is registered wih the Charity Commission 8nd operates under the Charitss Act 2011. The goveming documents for the ¢harty are the Pafochial Church Councrfs {Powersl Measure 1956 las amended) and the Church Rewesenl*"on Rules 2011. The appointment of PCC members is governed by, and set out in, the Church Representation Rule$. The PCC compriges ex-officio members l%thich includes clergy and churchwardens}, elected members and CtrOFted members. The PCC organises election$ annualfy before the Annual Parochial Church Meeting {APCMI to fill VacanCs. The members of the PCC are the charivs Iruslees for the purposes of charity law. Page 3
Responsilty for setting policy and for determining the parameters Ythin ¥thich the chanty shouh operate rests wth the PCC vthtch meets regularfy lo monitor the activitse$ of the charity. RespsIblty for the day lo day operation of the charity has been delegated lo a management team by the incumbent. Rlsk $tstam•nt The charity is exposed to various risks- be they operational, financial or rewrtational. The PCC VIeWS Ihe chartys a¢tiwtse$ regularty to identify Significant risks and. %there po$$ible, il tskes aFproprrale measu8 to mthgate those risks. Other rnatters With gard lo the PCC'S allonS lo safeguard Children and vuknerable 8duh8, the members the PCC confirm that they have ccrfnpheil with their duties under Section 5 of the Safeguarding and CrgY Disciph'ne Measure 2016. The Diocese have assessed the PCC'$ Parish Share to be £87,750 for the year to 31 December 2023; having reviewed the PCC'S finances, Ihe members of the PCC have decided to meetlhis contribub"on. The last quiTh]uennial inspects'on was hdd in April 2019,. Work was carrd out to the East hall roof and Smart water added to the replaced lead. A panic bar was added lo the fire escape in the East hall. Fall protectK•n was put in pLace in the Upper room and some floorboards were secured. ResponsSbllltlg8 of trust•gS Charty law requires the PCC lo prepare fmancial slatements for each accountmg year whth record the receipts and payments of the charty f¢y the ar. The PCC is responsible for keeping proper accounting records vthich disclose with reasonabb accuracy 81 any time the financial po$ition of the charity an¢J eftab u¥ lo ensure that the finanual statements comply with the Charities Act 2011. We alxi have a responsibilty to safeguard the a55ets of the charity and to tske reasonable steps lo prevent fral c any other irregularibeB. Approv•1 Thls rep)rt was apprOd by the truslees and sne0 on thelr behalf Lry.. The Reverend Ca eron Collingt Date.. Page 4
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. SIMON, HAMMERSMITH I rert to the trustees on my examinatilx of the xcounls of The Parochk41 Church Counal of the Ecclesiasbcal Parish of St &'mon, Hammernmith Ilhe charity) for the yea¥ ended 31 December 2022 on pages 6 10 9 following. RPonSIbIlItieS and basis of roport As the trustees of the chanty, the members of the PCC are reswjnsible for the weparatn ofthe acctyJnl$ in acccrfdanee the requirements of the Charityes Act 2011 fthe 2011 ACY). I rep)rt in re8FeCt of my examination of the charity's a¢counts carried out under seCtn 145 of the Act and in carrying OLrt my examination I have follo•¥ed all the applicable Dit¢tK)ns uiven by the Chanty CcKnmis5ion under section 145151{b} of the 2011 Act Ind•pgnd8nt examln•f• ststom•nt I have completed my examinabon. I confimi thai no material matters have come to my attention in 1. a¢¢ounling records were not kept in accordance wth secb'on 130 of the 2011 Act., or 2. the accounts do not accord with the accounting records. I have no concems and have come across no other matters in connection the examinabon to vthkh attention should be drawn in order lo enable a proper understanding ofthe accounts to be reached. Lisa Daty FCA stewardship 1 Lamb's Passage LONDON EC1Y 8AB Date.. 22nd May 2023 Page 5
COiIPXIL C THE E¢¢LESASTICAL PARISH OF ST. $IW)K AECEIPT8•4DPAIIENTS ACCC FOR THE YEAR ENC 31 OECEM8ER 2022 21 Vdunt4ry recdFtt Chuth acov Z(•l 114.349 44.381 14¢0 114.34 44.361 2.4 101,706 14,92S ChurthAcbv 59,810 15,000 16, 18,650 lei 468 P58) 28.221 Tnr4fw¥ hjnds P50 93.286 28.221 67.075 4tthknyMr•rrfl
TrE PAIIOCHLIL tRe COiJNaL OF TNE ECCLESIASnCAL PARISH OF sr. sith)N. LawERsMIl 8TATEIIENTOF ASSETS A14D LIABILlllES FOR THE YEAR E•ED 31 DECEMBER 2022 nds A C••h lurtd• cfteh attyk knm•J&9t•8cee 92,In 92,173 765 92.856 7.988 11171 2.375 Fll hir&d8ts 70 70 C Llatslltt FNln0 du• withln on• yo4r F888 dL to L¢% Fw 1.452 2.977 103 Taxes ¢bJe 270 1,410 1,410 t.376 T41 D A•••i• r•tlNd fwththrtyi cé puws and Offic• EgJipm•nt $50 3.643 iryton Th? nc4eBCffl pAgeAB. 9fcffli F•rtrfth88e•)xurt4.
FOR ENDEDJ1 oECEm 1922 T¢¥ 63.617 Q037 2,611 17 10>7 2.611 141.1 IT IWJ T YL 21. 18. 18.8 &246 10.010 &312 1312 13.4CiI 1&COJ
ICQ.O 1.10 1161.4eJJ 74 11.(> Asyn (6.5731