| Page | |
|---|---|
| Reference andAdministrativeDetails oftheP. C.C.,its Membership andAdvisers1 | |
| Parochial Church Council's Report | 2-5 |
| lndependent Examiner's Report | 6-7 |
| StatementofFinancial Activities | I |
| Balance Sheet | o |
| Notes totheFinancial Statements | 10-29 |
| FOR THEYEARENDED 31DECEMBE | R2022 | R2022 | |||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||
| funds | funds | funds | funds | ||
| Note | 2022 f |
2022t | 2022t | 2021t | |
| lncomefrom: | |||||
| Donations and legacies | 3 | 125,107 | 19,725 | 144,832 | 175,243 |
| Charitable activities | 4 | 4,566 | 4,566 | 3,203 | |
| Othertradingactivities | 5 | 60,695 | 60,685 | 29,243 | |
| lnvestments | b | 3,651 | 3,651 | 2,532 | |
| Total income | 194,009 | 19,725 | 213,734 | 210,221 | |
| Expenditureon: | |||||
| Raising funds | 7 | 45,429 | 258 | 45,687 | 24,401 |
| Charitable activities | 10 | 159,464 | 16,100 | 175,564 | 169,889 |
| Total expenditure | 204,893 | 16,358 | 221,251 | 194,290 | |
| Net(expenditure)/income beforenet | |||||
| (losses)/gains on investments | (10,884) | 3,367 | (7,517) | 15,931 | |
| Net (losses)/gainsoninvestments | (11,784) | (11,784) | 12,631 | ||
| Netmovementinfunds | lrr,*) | 3,367 | (19,30'l) | 29,562 | |
| Reconciliationoffunds: | |||||
| Totalfundsbroughtfonruard | 285,124 | 210,100 | 495,224 | 466,662 | |
| Net movementinfunds | (22,668) | 3,367 | (19,301) | 28,562 | |
| Total funds carried forward | 262,456 | 213,467 | 475,923 | 495,224 |
| FOR THEYEARENDED31 DECEMBER2 | 022 | ||||
|---|---|---|---|---|---|
| Note | 2022t | 2021t | |||
| Fixed assets | |||||
| Tangibleassets | 15 | 100,000 | 100,000 | ||
| lnvestments | 16 | 205,766 | 111,550 | ||
| 305,766 | 211,550 | ||||
| Current assets | |||||
| Debtors | 17 | 2,951 | 4,700 | ||
| Cashatbank and inhand | 171,684 | 282,743 | |||
| 174,635 | 287,443 | ||||
| Creditors: amountsfallingdue within | |||||
| one year | 18 | (4,479) | (3,769) | ||
| Netcurrentassets | 170,157 | 283,674 | |||
| Total assetslesscurrent liabilities | 475,923 | 495,224 | |||
| Netassetsexcluding pension asset | 475,923 | 495,224 | |||
| Tota!net assets | 475,923 | r,r | |||
| Charity funds | |||||
| Restricted funds | 19 | 213,467 | 210,100 | ||
| Unrestricted funds | |||||
| Designated funds | 19 | 217,940 | 240,950 | ||
| Generalfunds | 19 | 44,516 | 44,174 | ||
| Totalunrestricted funds | 19 | 262,456 | 285,124 | ||
| Totalfunds | 475,923 | 495,224 |
| Unrestricted | Restricted | Total | |
|---|---|---|---|
| funds | funds | funds | |
| 2022t | 2022t | 2022t | |
| Donations | 118,466 | 19,725 | 138,1 91 |
| Legacies | |||
| Grants | 6,641 | 6,641 | |
| ,,r | ,r;r* | ,^^,r | |
| Unrestricted | Restricted | Total | |
| funds | funds | funds | |
| 2021f | 2021t | 2021t | |
| Donations | 133,009 | 15,708 | 148,717 |
| Legacies | 15,029 | 15,029 | |
| Grants | 4,000 | 2,700 | 6,700 |
| Government grants | 4,797 | 4,797 | |
| 156,83519,409 | 175,243 |
| Unrestricted | Total | |||
|---|---|---|---|---|
| funds | funds | |||
| 2022t | 2022t | |||
| lncomefromcharitable activities -Theprovisionofpubricworship | 4,566 | 4,566 | ||
| Unrestricted | Total | |||
| funds | funds | |||
| 2021 | 2021 | |||
| f | f | |||
| lncomefromcharitable activities -Theprovisionofpubricworship | 3,203 | 3,203 | ||
| 5. | lncomefromothertradingactivities | |||
| lncome fromfundraisingevents | ||||
| Unrestricted | Total | Total | ||
| funds | funds | funds | ||
| 2022f | 2022 f |
2021 e |
||
| Fundraising | 190 | 190 | ||
| lncomefromnon charitabletradingactivities | ||||
| Unrestricted | Total | |||
| funds | funds | |||
| 2022t | 2022t | |||
| Hall letting fees | 60,495 | 60,495 | ||
| Unrestricted | Total | |||
| funds | funds | |||
| 2021t | 2021t | |||
| Hall lettingfees | 29,243 | 29,243 |
| Unrestricted | Total | |
|---|---|---|
| funds | funds | |
| 2022t | 2022t | |
| lncomefromlocal listed investments | 3,530 | 3,530 |
| lnvestmentincome-local cash | 121 | 121 |
| 3,651 | 3,651 | |
| Unrestricted | Total | |
| funds | funds | |
| 2021t | 2021 e |
|
| lncomefromlocal listed investments | 2,514 | 2,514 |
| lnvestment income-local cash | 18 | 18 |
| 2,532 | 2,532 |
| Unrestricted | Restricted | Total | |
|---|---|---|---|
| funds | funds | funds | |
| 2022 | 2022 | 2022 | |
| f | f | e | |
| Card collection fees | 13 | 21 | 34 |
| Roof Fund - event expenses | 237 | 237 | |
| 13 | 258 | 271 |
| Unrestricted | Restricted | Total | |
|---|---|---|---|
| funds | funds | funds | |
| 2021 e |
2021f | 2021t | |
| Card collection fees | 14 | 70 | 84 |
| Roof Fund - event expenses | 105 | '105 | |
| 14 | 175 | 189 |
| Unrestricted | Total | |
|---|---|---|
| funds | funds | |
| 2022t | 2022t | |
| Hall letting expenses | 35,991 | 35,991 |
| Wagesandsalariesrechargedtohall | 9,425 | 9,425 |
| Total2022 | 45,416 | ^r,^* |
| Unrestricted | Total | |
| funds | funds | |
| 2021t | 2021t | |
| Hall letting expenses | 19,712 | 18,712 |
| Wagesandsalariesrechargedtohall | 5,500 | 5,500 |
| Tolal2021 | 24,212 | 24,212 |
| Grants to | Total |
|---|---|
| lnstitutions | funds |
| 2022 e |
2022t |
| 17,512 | 17,512 |
| Grants to | Total | |
|---|---|---|
| lnstitutions | funds | |
| 2021 e |
2021t | |
| Grants,Theprovisionofpublic worship | 23,906 | 23,806 |
| Unrestricted | Restricted | Total | |
|---|---|---|---|
| funds | funds | funds | |
| Special collections:- | 2022t | 2022t | 2022 e |
| Good Gifts2021-HomelessActionin Barnet | 1,592 | 1,592 | |
| Christmas2021- Noah'sArkChildren's Hospice | 1,303 | 1,303 | |
| Baby- Boom (Ukraine) | 664 | 664 | |
| Marie Curie | 85 | 85 | |
| Children's Society | 483 | 483 | |
| Lent project- London DiocesanLentAppeal | 747 | 747 | |
| Royal Schoolof ChurchMusic | 145 | 145 | |
| Remembrance- Royal British Legion | 317 | 317 | |
| Concerts-Royal Fee Charity | 1,952 | 1,952 | |
| MissionAllocation:- | |||
| USPG | 1,000 | - | 1,000 |
| NewCitizens'Gateway | 1,000 | - | 1,000 |
| Noah'sArkChildren's Hospice | 1,000 | - | 1,000 |
| Five Talents | 1,000 | _ | 1,000 |
| Barnet Mencap | 1,000 | - | 1,000 |
| St.Francis attheEngine Room | 500 | - | 500 |
| St.Mary's Food Bank | 1,000 | - | 1,000 |
| EmbracetheMiddle East | 1,000 | - | 1,000 |
| Children's Society | 500 | - | 500 |
| HomelessAction inBarnet | 1,000 | - | 1,000 |
| Citizens'Advice | 500 | - | 500 |
| Toilet Twinning | 500 | - | s00 |
| Other:- | |||
| St.Mary's School | 224 | 224 | |
| Total2022 | 10,224 | 7,288 | 17,512 |
| Special collections | UnrestrictedRestricted funds funds 2021 2021 Et |
UnrestrictedRestricted funds funds 2021 2021 Et |
Total funds 2021 f |
|---|---|---|---|
| Good Gifts2020-HomelessActionin Barnet Christmas2020- North london Hospice Grant-St. Mary's Food Bank Grant-HomelessActionin Barnet Barnet Mencap Children's Society Lent Project-St.Francis attheEngine Room WelcomeChurches-Afghanrefugees Remembrance-Royal British Legion Concert-Royal Free Charity Mission Allocation |
2,269 1,060 2,640 2,461 25 300 2,039 1,625 140 610 |
2,269 1,060 2,640 2,461 25 300 2,039 1,625 140 610 |
|
| USPG New Citizens' Gateway Five Talents Limapela Foundation Barnet Mencap St.Francis attheEngineRoom North London Hospice EmbracetheMiddle East Children's Society |
1,000 1,000 1,000 1,000 1,000 750 1,000 1,000 1,000 |
1,000 1,000 1,000 1,000 1,000 750 1,000 1,000 '1,000 |
|
| WelcomeChurches-Afghanrefugees Togetherin Barnet Other |
750 500 |
750 500 |
|
| St.Mary's School | 638 | 638 | |
| Total2021 | 10,639 | 13,169 | 23,906 |
| Unrestricted | Restricted | ||
|---|---|---|---|
| funds | funds | Total | |
| 2022 € |
2022t | 2022t | |
| Theprovisionofpublic worship | ,ar,r* | 16,100 | 175,564 |
| Unrestricted | Restricted | ||
|---|---|---|---|
| funds | funds | Total | |
| 2021 e |
2021t | 2021f | |
| Theprovisionofpublic worship | 151,319 | 18,571 | 169,ggg |
| Summarybyexpenditure type |
| Staffcosts | Other costs | Total |
|---|---|---|
| 2022 e |
2022t | 2022t |
| 2,501 | 173,063 | 175,564 |
| Staffcosts | Other costs | Total |
|---|---|---|
| 2021t | 2021t | 2021 f |
| 6,426 | 163,463 | 169,ggg |
| Activities | Grant | ||
|---|---|---|---|
| undertaken | fundingof | Total | |
| directly | activities | funds | |
| 2022 | 2022 | 2022 | |
| E | e | E | |
| Theprovisionofpublic worship | 159,052 | 17,512 | 175,564 |
| Activities | Grant | ||
|---|---|---|---|
| undertaken | funding of | Total | |
| directly | activities | funds | |
| 2021 E |
2021t | 2021t | |
| Theprovisionofpublic worship | 146,093 | 23,906 | 169,899 |
| Unrestricted | Restricted | Total | |
|---|---|---|---|
| funds | funds | funds | |
| 2022 | 2022 | 2022 | |
| f | e | e | |
| General expenditure:- | |||
| Wagesand salaries | 2,335 | 2,335 | |
| Pension contributions | 166 | 166 | |
| London DiocesanCommonFund | 89,440 | 89,440 | |
| Clergy expenses | 2,494 | 2,484 | |
| 28Hendon Lane expenditure | 1,713 | 1,713 | |
| Organists and Choirmaster | 10,494 | 10,494 | |
| Organ scholarships | 910 | 910 | |
| Repairs and renewals | 4,057 | 4,057 | |
| Cleaning | 1,246 | 1,246 | |
| lnsurance | 6,227 | 6,227 | |
| Gasand electricity | 4,969 | 4,869 | |
| Waterrates | 251 | 251 | |
| Telephone | 619 | 619 | |
| Music and choir expenses | 1,100 | 220 | 1,320 |
| Organ tuning | 435 | 144 | 579 |
| Service costs | 1,991 | 1,891 | |
| Printing and stationery | 2,959 | 2,959 | |
| Photocopier leasing costs | 888 | 888 | |
| Church flowers | 800 | 800 | |
| Social committee | 322 | 322 | |
| General expenses | 1,114 | 1,114 | |
| Subscriptions | 300 | 300 | |
| Bank charges | 257 | 257 | |
| Designatedfundexpenditure:- | |||
| Northwallfees | 889 | 889 | |
| 28Hendon Lane works | 12,056 | 12,056 | |
| Candlestick | |||
| Sound system expenditure | 814 | 814 | |
| Rectory alarms and security | 330 | 330 | |
| Rectorywaterrates | 434 | 434 | |
| Restrictedfundexpenditure:- | |||
| Roof | 8,038 | 8,039 | |
| Concert recharges | (160) | 160 | |
| Cartwright Memorial expenditure | 250 | 250 | |
| Total2022 | 149,240 9,912 | 159,052 |
| UnrestrictedRestricted funds funds 2021 2021 tt |
UnrestrictedRestricted funds funds 2021 2021 tt |
Total funds 2021t |
|
|---|---|---|---|
| General expenditure:- | |||
| Wagesand salaries | 6,260 | 6,260 | |
| Pension contributions | 166 | 166 | |
| London DiocesanCommonFund | 89,440 | 89,440 | |
| Clergy expenses | 2,613 | 2,613 | |
| 28Hendon Lane expenditure | 814 | 814 | |
| Organistsand Choirmaster | 9,576 | 9,576 | |
| Organ scholarships | 1,145 | 1,145 | |
| Repairs and renewals | 6,023 | 6,023 | |
| Cleaning | 1,273 | 1,273 | |
| lnsurance | 5,981 | 5,991 | |
| Gas and electricity | 2,893 | 2,893 | |
| Waterrates | 166 | 166 | |
| Telephone | 758 | 758 | |
| Music and choir expenses | 1,079 | 120 | 1,199 |
| Organ tuning | 867 | 113 | 980 |
| Service costs | 870 | 870 | |
| Printing and stationery | 1,517 | 1,517 | |
| Photocopier leasing costs | 888 | 888 | |
| Church flowers | 800 | 800 | |
| Social committee | 299 | 299 | |
| General expenses | 778 | 778 | |
| Subscriptions | 300 | 300 | |
| Designatedfundexpenditure:- | |||
| Sound system | 237 | 237 | |
| Rainwater goods | 3,264 | 3,264 | |
| Asbestosremoval | 1,150 | 1,150 | |
| Candlestick | 505 | 505 | |
| Rectory alarms and security | 649 | 649 | |
| Rectorywaterrates | 419 | 419 | |
| Restrictedfundexpenditure:- | |||
| Cartwright memorial | 5,094 | 5,094 | |
| Bell ropes | 26 | 26 | |
| Concert recharges | rior | 50 | |
| Total2021 | 140,690 | 5,403 | 146,083 |
| 2022 f |
2021t | |
|---|---|---|
| Wagesand salaries | 11,760 | 11,760 |
| Contributiontodefinedcontributionpension schemes | 166 | 166 |
| 11,926 | 11,926 |
| 2022 | 2021 | |
|---|---|---|
| No. | No. | |
| Administration | 1 | 1 |
| Freehold | |
|---|---|
| property | |
| E | |
| Cost or valuation | |
| At1January 2022 | 100,000 |
| At31December2022 | 100,000 |
| Net book value | |
| At31December2022 | 100,000 |
| At31December2021 | 100,000 |
| Listed | ||
|---|---|---|
| investments | ||
| € | ||
| Cost or valuation | ||
| At1January2022 | 111,550 | |
| Additions | 106,000 | |
| Revaluations | (11,784) | |
| At31December2022 | 205,766 | |
| Net book value | ||
| At31December2022 | 205,766 | |
| At31December2021 | 111,550 | |
| Debtors | ||
| 2022 f |
2021f | |
| Duewithin one year | ||
| Other debtors | 1,458 | 4,120 |
| Prepayments and accrued income | 1,493 | 580 |
| 2,951 | 4,700 | |
| Creditors: Amountsfallingdue within one year | ||
| 2022t | 2021 f |
|
| Other taxation and social security | 66 | |
| Other creditors | 382 | 821 |
| Accrualsanddeferredincome | 3,322 | 2,109 |
| Grants accrued-institutional | 774 | 774 |
| 4,478 | 3,769 |
| Balanceat | |||||
|---|---|---|---|---|---|
| Balanceat1 | 31 | ||||
| January | Gains/ | December | |||
| 2022t | lncomeExpenditure €e |
(Losses) e |
2022t | ||
| Unrestricted funds | |||||
| Designated funds | |||||
| Fabricfund Bequests |
43,532 14,524 |
206 66 |
(88e) (814) |
42,849 13,776 |
|
| Hall repairsreserve 35,500 Clergy accommodationfund120,718 |
159 2,746 |
(12,820) | (11,784) | 35,659 98,860 |
|
| Church enhancement | |||||
| reserve | 26,676 | 120 | 26,796 | ||
| 240,950 | 3,297 | (14,523) | (11,784) | 217,940 | |
| Generalfunds | |||||
| Church account | 44,174 | 190,712 | (190,370) | 44,516 | |
| TotalUnrestricted funds | 285,124 | 194,009 | (204,893) | (11,784) | 262,456 |
| Restricted funds | |||||
| Special collections | 2,909 | 9,507 | (8,314) | 4,001 | |
| Night shelter | 8 | 1,240 | 1,248 | ||
| Hall buildings reserve | 100,000 | 100,000 | |||
| Organ fund | 144 | (144) | |||
| Youth choir | 1,295 | 1,295 | |||
| Roof fund | 102,126 | g,a3s | @,+it) | 103,524 | |
| Music and choir fund | 615 | 6 | (220) | 401 | |
| Piano fund | 721 | 721 | |||
| Green andfair | 214 | 214 | |||
| Cartwright memorial | 976 | (250) | 726 | ||
| Youthworkresources | 1,347 | 1,347 | |||
| 210,100 | 20,732 | (17,365) | 213,467 | ||
| Totalof funds | 495,224 | 214,741 | (222,258) | (11,784)475,923 |
| Balance at | ||||||||
|---|---|---|---|---|---|---|---|---|
| Balanceat | 31 | |||||||
| 1January 2021 TE |
lncome | Expenditure f |
Transfers in/out f |
Gains/ (Losses) f |
December 2021t |
|||
| Unrestricted | ||||||||
| funds | ||||||||
| Designated | ||||||||
| funds | ||||||||
| Fabric fund | 46,946 | (4,414) | 1,000 | - | 43,532 | |||
| Bequests | - | 15,029 | (50s) | - | 14,524 | |||
| Hall repairs | ||||||||
| reserve | 35,500 | - | 35,500 | |||||
| Clergy | ||||||||
| accommodati | ||||||||
| on fund | 106,641 | 2,514 | (1,068) | 12,631120,718 | ||||
| Church | ||||||||
| enhancement | ||||||||
| reserve | 26,913 | (237) | 26,676 | |||||
| 216,000 | 17,543 | (6,224) | 1,000 | 12,631 | 240,950 | |||
| Generalfunds | ||||||||
| Church | ||||||||
| account | 40,224 | 174,270 | (169,320) | (1,000) | 44,174 | |||
| Total | ||||||||
| Unrestricted | ||||||||
| funds | 256,224 | 191,913 | (175,544) | 12,631 | 285,124 | |||
| Restricted | ||||||||
| funds | ||||||||
| Special | ||||||||
| collections | 7,695 | 8,382 | (13,259) | 2,909 | ||||
| Night shelter | 8 | 8 | ||||||
| Hall buildings | ||||||||
| reserve | 100,000 | 100,000 | ||||||
| Organ fund | 113 | (113) | ||||||
| Youth choir | 1,285 | 1,285 | ||||||
| Roof fund | 97,863 | 9,491 | (5,229) | 102,126 | ||||
| Musicand | ||||||||
| choir fund | 313 | 422 | (120) | 615 | ||||
| Page 25 |
| Statement offund | s -prioryear(c | ontinued) | ||||
|---|---|---|---|---|---|---|
| Balance at | ||||||
| Balance at | 31 | |||||
| 1January 2021 ttf |
lncomeExpenditure | Transfers in/out f |
Gains/ (Losses) f |
December 2021f |
||
| Pianofund | 721 | 721 | ||||
| Green andfair | 240 | - | (26) | 214 | ||
| Cartwright memorial |
976 | 976 | ||||
| Youthwork | ||||||
| resources | 1,347 |
1,347 | ||||
| 210,43818,408(19,746) | 210,100 | |||||
| Totaloffunds466,662 :::: |
210,221(194,290) | 12,631495,224 |
| Summaryoffunds -cur | rent year | |||||
|---|---|---|---|---|---|---|
| Balance at | ||||||
| Balanceat1 | 31 | |||||
| January | Gains/ | December | ||||
| 2022 e |
lncome e |
Expendituret | (Losses) f |
2022 E |
||
| Designated funds | 240,950 | 3,297 | (14,523) | (11,78_4) | 217,940 | |
| Generalfunds | 44,174 | 190,712 | (190,370) | 44,516 | ||
| Restricted funds | 210,100 | 20,732 | ('17,365) | 213,467 | ||
| 495,224 | 214,741 | (222,258) | (11,784)475,923 |
| Balance at | ||||||
|---|---|---|---|---|---|---|
| Balance at | 31 | |||||
| 1January 2021lncome tt |
Expenditure e |
Transfers in/outt |
Gains/ (Losses)t |
December 2021t |
||
| Designated funds Generalfunds |
216,00017,543 40,224174,270 |
(6,224) (169,320) |
1,000 (1,000) |
12,631 | 240,950 44,174 |
|
| Restricted | ||||||
| funds | 210,43919,409 | (18,746) | 210,100 | |||
| 466,662210,221 | (194,290) | - |
12,631495,224 |
| Unrestricted | Restricted | Total | |
|---|---|---|---|
| funds | funds | funds | |
| 2022I | 2022t | 2022t | |
| Tangiblefixedassets | 100,000 | 100,000 | |
| Fixed asset investments | 205,766 | 205,766 | |
| Current assets | 61,16g | 113,467 | 174,635 |
| Creditors duewithinone year | (4,478) | (4,479) | |
| Total | 262,456 | 213,467 | 475,923 |
| Analysisofnet assets betweenfunds -prio | r year | ||
|---|---|---|---|
| Unrestricted | Restricted | Total | |
| funds | funds | funds | |
| 2021 e |
2021 f |
2021t | |
| Tangible fixed assets | 100,000 | 100,000 | |
| Fixed asset investments | 1 11,550 | 111,550 | |
| Current assets | 177,303 | 110,140 | 287,443 |
| Creditors duewithinone year | (3,729) | (40) | (3,769) |
| Total | 285,124 210,100 | 495,224 |