| Page | |
|---|---|
| Reference andAdministrativeDetails oftheP. C.C.,its Membership andAdvisers1 | |
| Parochial ChurchCouncil'sReport | 2-4 |
| lndependentExamine/sReport | 5-6 |
| Statement ofFinancialActivities | 7 |
| Balance Sheet | I |
| Notesto theFinancial Statements | 9-29 |
| L Lyall, Churchwarden S.Bora,Churchwarden (appointed16April2023) C. Disbrey,Reader N.Wildish,Reader O. Makanjuola,Reader |
|
|---|---|
| G.Vendy(resigned 23April 2023) | |
| P.Bagster,Deanery Synod | |
| NUpton,Deanery Synod (appointed 23Aprit 2023) | |
| E.Abel,Elected member | |
| J.Davey, Elected member | |
| P.Boustred,Elected member | |
| J.Trevelyan,Elected member | |
| K. Ray,Electedmember | |
| H. Bevan, Elected member | |
| A. Stanley,Elected member | |
| L. Hettrick,Electedmember(appointed 23April2023) | |
| G.Lyall,Electedmember,formerlyChurchwarden | |
| C.Okoye,Electedmember(appointed 23AprilZO2g) | |
| J.Nettleton, Co-opted | |
| B. Crosbie, Co-opted | |
| Charity registered number |
1131595 |
| Principaloffice | TheParish Office |
| 26Hendon Lane | |
| Finchley | |
| London | |
| N31TR | |
| Secretary | B. Crosbie |
| Unrestricted | Restricted | Total | Total | ||
|---|---|---|---|---|---|
| funds | funds | funds | funds | ||
| Note | 2023t | 2023t | 2023 f |
2022f | |
| lncome from: | |||||
| Donationsandlegacies | 3 | 190,080 | 217,854 | 407,934 | 144,832 |
| Charitable activities | 4 | 5,486 | 5,486 | 4,566 | |
| Othertradingactivities | 5 | 67,488 | 67,488 | 60,685 | |
| lnvestments | o | 8,855 | 8,855 | 3,651 | |
| Total income | 271,909 | 217,854 | 489,763 | 213,734 | |
| Expenditure on: | |||||
| Raising funds | 7 | 38,629 | 1,747 | 40,376 | 45,687 |
| Charitable activities | 10 | 175,677 | 17,439 | 193,'116 | 175,564 |
| Total expenditure | 214,306 | 19,186 | 233,492 | 221,251 | |
| Netincome/(expenditure) beforenet | |||||
| gains/(losses) on investments | 57,603 | 198,668 | 256,271 | (7,517) | |
| Netgains/(losses) oninvestments | 8,299 | 8,299 | (11,784) | ||
| Netmovementinfunds | 65,902 | 199,669 |
264,570 | (19,301) | |
| Reconciliationoffunds: | |||||
| Totalfundsbroughtfonrvard | 262,456 | 213,467 | 475,923 | 495,224 | |
| Net movementinfunds | 65,902 | 198,668 | 264,570 | (19,301) | |
| Totalfundscarriedforurrard | 328,358 | 412,135 | 740,493 | 475,923 |
| BALANCESHEET ASAT31DECEMBER2023 |
|||||
|---|---|---|---|---|---|
| Note | 2023t | 2022 f |
|||
| Fixedassets | |||||
| Tangibleassets | 15 | 100,000 | 100,000 | ||
| lnvestments | '16 | 214,065 | 205,766 | ||
| 314,065 | 305,766 | ||||
| Current assets | |||||
| Debtors | 17 | 4,194 | 2,951 | ||
| Cash atbank and inhand | 426,681 | 171,684 | |||
| 430,875 | 174,635 | ||||
| Creditors:amountsfallingdue within | |||||
| one year | 18 | (4,447) | (4,478) | ||
| Netcurrentassets | 426,428 | 170,157 | |||
| Total assetslesscurrentIiabilities | 740,493 | 475,923 | |||
| Netassetsexcludingpension asset | 740,493 | 475,923 | |||
| Totalnetassets | ,^r,*, | 475,923 | |||
| Gharityfunds | |||||
| Restricted funds | 19 | 412,135 | 213,467 | ||
| Unrestricted funds | |||||
| Designated funds | 19 | 283,675 | 217,940 | ||
| Generalfunds | 19 | 44,683 | 44,516 | ||
| Totalunrestricted funds | 19 | 328,358 | 262,456 | ||
| Totalfunds | 740,493 | 475,923 |
| Unrestricted | Restricted | Total | |
|---|---|---|---|
| funds | funds | funds | |
| 2023t | 2023f | 2023t | |
| Donations | 131,465 | 58,654 | 190,119 |
| Legacies | 52,000 | 52,000 | |
| Grants | 6,615 | 159,200 | 165,815 |
| ,ta,* | ,,r,r* | ^B | |
| Unrestricted | Resfricted | Tolal | |
| funds | funds | funds | |
| 2022t | 2022t | 2022t | |
| Donations | 118,466 | 19,725 | 138,191 |
| Grants | 6,641 | 6,641 | |
| 125,10719,725 | 144,932 |
| Unrestricted | Total | ||
|---|---|---|---|
| funds | funds | ||
| 2023t | 2023t | ||
| lncomefromcharitable activities -Theprovisionofpublic worship | 5,486 | a,* | |
| Unrestricted | Total | ||
| funds | funds | ||
| 2022I | 2022f | ||
| lncomefromcharitable activities -Theprovisionofpublicworship | 4,566 | 4,566 | |
| 5. | lncomefromothertradingactivities | ||
| lncome fromfundraisingevents | |||
| Unrestricted | Total | ||
| funds | funds | ||
| 2023t | 2023t | ||
| Fundraising | 941 | 941 | |
| Unrestricte | Total | ||
| dfunds | funds | ||
| 2022 | 2022 | ||
| € | E | ||
| Fundraising | 190 | ,* | |
| lncomefromnon charitabletradingactivities | |||
| Unrestricted funds |
Total 'funds |
||
| 2023 | 2023 | ||
| L | T | ||
| Hall lettingfees | 66,547 | 66,547 |
| lncomefromnon charitabletrading activiti | es(continued) | |
|---|---|---|
| Unrestricted | Total | |
| funds | funds | |
| 2022t | 2022 E |
|
| Hall lettingfees | _.',* | 60,495 |
| Unrestricted | Total | |
|---|---|---|
| funds | funds | |
| 2023 | 2023 | |
| f | € | |
| lncomefromlocal listed investments | 8,188 | 9,18g |
| lnvestmentincome-Iocal cash | 667 | 667 |
| 8,855 | 8,855 | |
| Unrestricted | Total | |
| funds | funds | |
| 2022 | 2022 | |
| € | € | |
| Incomefromlocal listed investments | 3,530 | 3,530 |
| lnvestment income-local cash | 121 | 121 |
| 3,651 | 3,651 |
| Unrestricted | Restricted | Total | |
|---|---|---|---|
| funds | funds | funds | |
| 2023t | 2023 E |
2023 E |
|
| Roof and churchyard project- event expenses | 1,047 | 1,047 | |
| Patronal service- musiccosts' | 630 | 630 | |
| Card collectionfees | 18 | 70 | 88 |
| 18 | 1,747 | 1,765 |
| Unrestricted | Restricted | Total | |
|---|---|---|---|
| funds | funds | funds | |
| 2022 E |
2022f | 2022 E |
|
| Roof andchurchyardproject- event expenses | 237 | 237 | |
| Card collectionfees | 13 | 21 | 34 |
| 13 | 258 | 271 |
| Unrestricted | Total | |
|---|---|---|
| funds | funds | |
| 2023 | 2023 | |
| E | q | |
| Hall letting expenses | 28,806 | 28,806 |
| Wagesandsalariesrechargedtohall | 9,805 | 9,805 |
| Total2023 | ,t,* | 3t,* |
| Unrestricted | Total | |
| funds | funds | |
| 2022 € |
2022t | |
| Hall letting expenses | 35,991 | 35,991 |
| Wagesandsalariesrechargedtohall | 9,425 | 9,425 |
| Tolal2022 | 45,416 | 45,416 |
| Grants to | Total |
|---|---|
| lnstitutions | funds |
| 2023t | 2023f |
| _,4,* | 15,904 |
| Grants to | Total | |||
|---|---|---|---|---|
| lnstitutions | funds | |||
| 2022t | 2022 E |
|||
| Grants, | Theprovisionofpublicworship | 17,512 | ,r,r" | |
| 9, | Detailed | analysis of grants |
| Unrestricted | Restricted | Total | |
|---|---|---|---|
| funds | funds | funds | |
| 2023t | 2023 € |
2023 E |
|
| Special collections:- | |||
| GoodGifts 2022- Rodyna | 2,123 | 2,123 | |
| Christmas2022-NorthLondon Hobpice | 'l,610 | 1,610 | |
| Royal NationalLifeboatlnstitution | 121 | 121 | |
| Ghildren's Society | 405 | 405 | |
| Lentproject-Limapela | 1,800 | 1,800 | |
| Royal Schoolof ChurchMusic | 341 | 341 | |
| Remembrance-Royal British Legion | 374 | 374 | |
| Concerts-Royal Fee Charity | 1,905 | 1,905 | |
| MissionAllocation:- | |||
| USPG | 1,000 | 1,000 | |
| Street Child | 1,000 | 1,000 | |
| North London Hospice | 1,000 | 1,000 | |
| Five Talents | 1,000 | 1,000 | |
| Barnet Mencap | |||
| St. Francis attheEngine Room | 500 | 500 | |
| St.Mary'sFood Bank | 500 | 500 | |
| EmbracetheMiddle East | 1,000 | 1,000 | |
| Children's Society | 500 | 500 | |
| Togetherin Barnet | 500 | 500 | |
| Other:- | |||
| St. Mary's School | 225 | 225 | |
| Total2023 | 7,225 | 8,679 | '15,904 |
| Unrestricted | Restricted | Restricted | Total | ||
|---|---|---|---|---|---|
| funds | funds | funds | |||
| 2022t | 2022t | 2022t | |||
| Special collections | |||||
| GoodGifts2021-HomelessActionin Barnet | 1,592 | 1,592 | |||
| Christmas 2021-Noah'sArk Children'sHospice | 1,303 | 1,303 | |||
| Baby- Boom (Ukraine) | 664 | 664 | |||
| Marie Curie | 85 | 85 | |||
| Children's Society | 483 | 483 | |||
| LentProject-LondonDiocesanLent Appeal | 747 | 747 | |||
| Royal Schoolof ChurchMusic | 145 | 145 | |||
| Remembrance-Royal British Legion | 317 | 317 | |||
| Concerts-Royal Frde Charity | 1,952 | 1,952 | |||
| Mission Allocation | |||||
| USPG | 1,000 | 1,000 | |||
| NewCitizens'Gateway | 1,000 | 1,000 | |||
| Five Talents | 1,000 | 1,000 | |||
| Noah'sArkChildren's Hospice | 1,000 | 1,000 | |||
| Barnet Mencap | 1,000 | 1,000 | |||
| St.Francis attheEngine Room | 500 | 500 | |||
| Citizens'Advice | 500 | 500 | |||
| EmbracetheMiddle East | 1,000 | 1,000 | |||
| Children's Society | 500 | 500 | |||
| ToiletTwinning | 500 | 500 | |||
| St.Mary's Food Bank | 1,000 | 1,000 | |||
| HomelessActionin Barnet | 1,000 | 1,000 | |||
| Other | |||||
| St.Mary's School | 224 | 224 | |||
| Total2022 | 10,224 | 7,299 | 17,512 | ||
| 10. | Analysisofexpenditureon charitable activities | ||||
| Summarybyfundtype | |||||
| Unrestricted | Restricted | ||||
| funds | funds | Total | |||
| 2023 e |
2023t | 2023f | |||
| Theprovisionofpublic worship | 175,677 | ,r,^* | 193,116 |
| Unrestricted | Restricted | |
|---|---|---|
| funds | funds | Total |
| 2022f | 2022 € |
2022f |
| ,,^ | 16,100 | 175,564 |
| Staffcosts | Other costs | Total |
|---|---|---|
| 2423t | 2023f | 2023t |
| 2,500 | ,rt,* | tta,* |
| Staffcosts | Other costs | Total |
|---|---|---|
| 2022 f |
2022f | 2022 e |
| 2,501 | 173,063 | ,rr,*^ |
| Activities | Grant | ||
|---|---|---|---|
| undertaken | fundingof | Total | |
| directly | activities | funds | |
| 2023t | 2023 E |
2023 E |
|
| Theprovisionofpublicworship | 177,212 | _",* | 193,116 |
| Activities | Grant | ||
| undertaken | fundingof | Total | |
| directly | activities | funds | |
| 2022 E |
2022 f |
2022t | |
| Theprovisionofpublicworship | _rtt,* | ,r,r" | 175,564 |
| Unrestricted | Restricted | Total | |
|---|---|---|---|
| funds | funds | funds | |
| 2023t | 2023 € |
2023t | |
| General expenditure.- | |||
| Wagesand salaries | 2,331 | 2,331 | |
| Pension contributions | 169 | 169 | |
| London DiocesanCommonFund | 92,123 | 92,123 | |
| Clergy expenses | 2,754 | 2,754 | |
| 28Hendon Lane expenditure | 1,190 | 1,190 | |
| Organistsand Choirmaster | 10,143 | 10,143 | |
| Organscholarship.' | 1,200 | 1,200 | |
| Repairs and renewals | 4,052 | 4,052 | |
| Cleaning | 1,223 | 1,223 | |
| lnsurance | 6,609 | 6,609 | |
| Gas and electricity | 8,625 | 8,625 | |
| Waterrates | 284 | 284 | |
| Telephone | 576 | 576 | |
| Music and choir expenses | 993 | 464 | 1,457 |
| Organ tuning | 994 | 994 | |
| Service costs | 2,362 | 2,362 | |
| Printing and stationery | 2,467 | 2,467 | |
| Photocopier leasing costs | 1,541 | 1,541 | |
| Church flowers | 1,209 | 1,209 | |
| Sound system | 4,139 | 4,139 | |
| Social committee | 523 | 523 | |
| General expenses | 967 | 967 | |
| Bank charges | 349 | 349 | |
| Designatedfundexpenditure:- | |||
| North wall fees | 7,914 | 7,914 | |
| Altarrail | 13,394 | 13,394 | |
| Rectory alarms and security | 129 | 129 | |
| Rectorywaterrates | 472 | 472 | |
| Restrictedfundexpenditure:- | |||
| Roof | 7,839 | 7,939 | |
| NightShelterprovisions | 177 | 177 | |
| Concertrecharges | (280) | 280 | |
| Total2O23 | 168,452 9,760 | 177,212 |
| S TOTHE FINANCIALSTATEMENTS HEYEARENDED31DECEMBER 2023 |
|||
|---|---|---|---|
| UnrestrictedRestricted funds funds 2022 2022 tt |
Total funds 2022t |
||
| General expenditure:- | |||
| Wagesand salaries | 2,335 | 2,335 | |
| Pension contributions | 166 | 166 | |
| London DiocesanCommonFund | 89,440 | 89,440 | |
| Clergy expenses | 2,484 | 2,484 | |
| 28Hendon Lane expenditure | 1,713 | 1,713 | |
| OrganistsandChoirmaster | 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 | |
| Gas and electricity | 4,969 | 4,969 | |
| Waterrates | 251 | 251 | |
| Telephone | 619 | 619 | |
| Music and choir expenses | 1,100 | 220 | 1,320 |
| Organ tuning | 435 | 144 | 579 |
| Seruice costs | 1,ggl | 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 | |
| Rectory alarms and security | 330 | 330 | |
| Rectorywaterrates | 434 | 434 | |
| Sound system expenditure | 814 | 814 | |
| Restrictedfundexpenditure:- | |||
| Roof | 8,038 | 8,038 | |
| Cartwrightmemorial | 250 | 250 | |
| Concertrecharges | (160) | 160 | |
| Tolal2022 | 149,240 | 9,912 | 159,052 |
| 2023f | 2022t | |
|---|---|---|
| Wagesand salaries | 12,136 | 11,760 |
| Contributionto defined contributionpension schemes | 169 | 166 |
| 12,305 | 11,926 |
| 2023 | 2022 | |
|---|---|---|
| No. | No. | |
| Administration | 1 | 1 |
| Freehold | |
|---|---|
| property | |
| f. | |
| Cost or valuation | |
| At1January2023 | 100,000 |
| At31December2023 | 100,000 |
| Net book value | |
| At 31December 2023 | 100,000 |
| At31December2022 | 100,000 |
| Listed | |||
|---|---|---|---|
| investments | |||
| f | |||
| Cost or valuation | |||
| At1January2023 | 205,766 | ||
| Revaluations | 8,299 | ||
| At31December2023 | 214,065 | ||
| : | |||
| Net book value | |||
| At31December2023 | 214,065 | ||
| At31December2Q22 | 205,766 | ||
| Debtors | |||
| 2023f | 2022 e |
||
| Duewithinone year | |||
| Other debtors | 1,869 | 1,458 | |
| Prepayments andaccruedincome | 2,325 | 1,493 | |
| 4,194 | 2,951 |
| 2023 € |
2022t | |
|---|---|---|
| Othercreditors | 571 | 382 |
| Accrualsanddeferredincome | 3,102 | 3,322 |
| Grantsaccrued-institutional | 774 | 774 |
| 4,447 | 4,479 |
| Statementoffu | nds -current year | |||||
|---|---|---|---|---|---|---|
| Balance at | ||||||
| Balanceat1 | 31 | |||||
| January 2023 gt |
lncome |
Expendituret | Transfers in/outf |
Gains/ (Losses) f |
December 2023 f |
|
| Unrestricted | ||||||
| funds | ||||||
| Designated funds | ||||||
| Fabric fund Bequests |
42,849 13,776 |
3,914 52,451 |
(7,914) (13,394) |
6,500 | 45,249 52,833 |
|
| Hall repairs reserve |
35,659 | 1,083 |
36,742 | |||
| Clergy | ||||||
| accommodation | ||||||
| fund | 98,860 | 2,864 | (601) | 7,936 | 8,299 | 117,358 |
| Church | ||||||
| enhancement | ||||||
| reserve | 26,796 | 812 | 27.608 | |||
| Mission reserve | 3,000 | 3,000 | ||||
| OpenDoor | 885 | 885 | ||||
| 217,940 | 61,909 | (21,909) | 17,436 | 8,299 | 283,675 | |
| Generalfunds | ||||||
| Church | ||||||
| account | 44,516 | 210,000 | (192,397) | (17,436) | 44,683 | |
| Total | ||||||
| Unrestricted | ||||||
| funds | 262,456 | 271,909 | (214,306) | 8,299 | 328,359 | |
| Restricted | ||||||
| funds | ||||||
| Special | ||||||
| collections Nightshelter |
4,001 1,249 |
8,643 | (9,398) (177) |
3,256 '1,071 |
||
| Hall buildings | ||||||
| reserve | 100,000 | 100,000 | ||||
| Youthchoir | 1,295 | 135 | (14) | 1,406 | ||
| Roofand | ||||||
| churchyard | ||||||
| fund | 103,524 | 209,007 | (9,157) | 303,374 |
| Balance at | |||||||
|---|---|---|---|---|---|---|---|
| Balanceat1 | 31 | ||||||
| January | Transfers | Gains/ | December | ||||
| 2023t | lncomeExpenditure fE |
iniout f |
(Losses) g |
2023 E |
|||
| Musicand | |||||||
| choir fund | 401 | 69 | 470 | ||||
| Piano fund | 721 | (450) | 271 | ||||
| Green andfair | 214 | 214 | |||||
| Cartwright | |||||||
| memorial | 726 | 726 | |||||
| Youthwork | |||||||
| resources | 1,347 | 1,347 | |||||
| 213,467 | 217,954 | (19,186) | - | 412,135 | |||
| Totaloffunds475,923 | 489,763 | (233,492) | 8,299 | 740,493 |
| Statementoffunds -prior year | |||||
|---|---|---|---|---|---|
| Balanceat | |||||
| Balance at | 31 | ||||
| 1January | Gains/ | December | |||
| 2022 f |
lncomeExpenditure tt |
(Losses)t | 2022f | ||
| Unrestricted funds | |||||
| Designated funds | |||||
| Fabricfund Bequests |
43,532 14,524 |
206 oo |
(88e) (814) |
42,849 13,776 |
|
| Hallrepairsreserve Clergy accommodationfund |
35,500 12O,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)217,94A | ||
| General funds | |||||
| 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 | 1,249 | ||
| Hall buildings reserve | 100,000 | 100,000 | |||
| Organ fund | 144 | (144) | |||
| Youthchoir | 1,295 | 1,285 | |||
| Roof and churchyard fund | 102,126 | 9,835 | @,+it) | 103,524 | |
| Music and choir fund | 615 | 6 | (220) | 401 | |
| Piano fund | 721 | 721 | |||
| Green andfair | 214 | 214 | |||
| Cartwrightmemorial | 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 |
| Summary offun | ds -current year | ||||
|---|---|---|---|---|---|
| Balanceat | |||||
| Balanceat1 | 31 | ||||
| January 2A23lncome es |
Expenditure € |
Transfers in/out e |
Gains/ (Losses) f |
December 2423 € |
|
| Designated funds |
217,94061,909 | (21,909) | 17,436 | 8,299 | 283,675 |
| General funds | 44,516210,000 | (192,397) | (17,436) | 44,683 | |
| Restricted | |||||
| funds | 213,467217,954 | (19,186) | 412,135 | ||
| 475,923499,763 | (233,492) - |
9,299 | 74A,493 |
| Summaryoffunds -prio | r year | ||||
|---|---|---|---|---|---|
| Balance at | |||||
| Balance at | 31 | ||||
| 1January | Gains/ | December | |||
| 2022I | lncome c |
Expendituret | (Losses) f |
2022 € |
|
| Designated funds | 240,950 | 3,297 | (14,523) | (11,784)217,94O | |
| General funds | 44,174 | 190,712 | (190,370) | - | 44,516 |
| Restrictedfunds | 210,100 | 20,732 | (17,365) | - | 213,467 |
| 495,224 ::::: |
214,741 (222,258) | (11,784)475,923 |
| Unrestricted | Restricted | Total | |
|---|---|---|---|
| funds | funds | funds | |
| 2023t | 2023t | 2023t | |
| Tangiblefixedassets | 100,000 | 100,000 | |
| Fixedassetinvestments | 214,065 | 214,065 | |
| Current assets | 118,740 | 312,135 | 430,875 |
| Creditors duewithinone year | (4,447) | (4,447) | |
| Total | 328,358 | 412,135 | 740,493 |
| Analysis ofnetassetsbetweenfunds -prio | r year | ||
|---|---|---|---|
| Unrestricted | Restricted | Total | |
| funds | funds | funds | |
| 2022t | 2022t | 2022t | |
| Tangiblefixedassets | 100,000 | 100,000 | |
| Fixed asset investments | 205,766 | 205,766 | |
| Current assets | 61,168 | 113,467 | 174,635 |
| Creditors duewithinone year | (4,478) | (4,478) | |
| Total | 262,456213,467 | 475,923 |