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2021-12-31-accounts

Charity number: 1131598

ST PETER'S CHURCH, EALING

INDEPENDENTLY EXAMINED

TRUSTEES' REPORT AND FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2021

ST PETER’S CHURCH, EALING TRUSTEES’ REPORT FOR THE YEAR ENDED 31 DECEMBER 2021

Annual Report of St Peter’s PCC

The PCC members, in their capacity as trustees of the registered charity, present their annual report together with the financial statements of St Peter’s Church, Ealing for the year from 1 January 2021 to 31 December 2021

Background

St Peter’s Parochial Church Council (PCC) is responsible for co-operating with the incumbent in the promotion of the whole mission of the Church: pastoral, evangelistic, social and ecumenical, within the ecclesiastical parish. In addition, it has maintenance responsibilities for the Church, Church Hall and grounds adjacent to and on the north side of the Church.

Membership

Members of the PCC are either ex-officio; or elected at the Annual Parochial Church Meeting (APCM) in accordance with Church Representation Rules. During 2020, the following served on the PCC:

Incumbent: The Revd David Neno Assistant Curate: The Revd Dr Adam Dobrzynski Churchwardens: Mrs Jane Campbell (2022) Dr Richard Peatfield (2022)

Reader (ex-officio): Mrs Susan Peatfield

Deanery Synod Reps: Mr Angus McAvoy (2023) Ms Saira Salimi (2023)

Elected Members: Mr Rodney Reid [2022]
Vacancy [2022]
Mr Alexander Pridgeon [2023]
Mr Simon Baker [2023]
Ms Cornelia Harding [2023]
Mr Daniel Yeadon [2023]
Ms Ailsa Stuart (PCC Secretary) [2024]
Mrs Ann Lazarow [2024]
Mr Mark James [2024]
Ms Linda Foster (Treasurer) [2024]
Mrs Christine Neyman [2024]
Vacancy [2024]
Co-opted Member: Revd Dr Margaret Joachim

At the PCC meeting of Sunday, 18 April (held immediately after the APCM) Mrs Jane Campbell was elected Vice-Chair of the PCC; and Mrs Linda Foster was elected PCC Treasurer. The post of PCC Secretary was filled by Mrs Ailsa Stuart. Ailsa Stuart has since relinquished that role which is now filled by Ms Cornelia Harding.

The PCC operates through six committees that meet between full meetings of the PCC:

• Standing Committee : the only committee required by law. It has the power to transact the business of the PCC between meetings, subject to any directions given by the Council. The following served on the Standing Committee during 2021: Revd David Neno, Mrs Jane Campbell; Mrs Linda Foster, Mrs Ailsa Stuart (until July 2021); Dr Richard Peatfield; Ms Cornelia Harding (from July 2021)

• Mission Committee: chaired by the Revd David Neno. The committee meets up to six times a year to agree its terms of reference; to discuss and evaluate mission opportunities within the life of the parish, to monitor the implementation of the Mission Action Plan and agree the beneficiaries of charitable fundraising events hosted by the parish. The following were appointed to the Mission Committee at the PCC meeting of 18 April: Mrs Linda Foster, Revd David Neno, Revd Dr Margaret Joachim, Mrs Susan Peatfield, Mr Daniel Yeadon, Ms Cornelia Harding, Mrs Ailsa Stuart and Mrs Madeleine Morse.

• Events Committee : chaired by Revd David Neno. This committee meets up to six times a year to organise social events, some of which are linked with significant seasonal and/or liturgical occasions. Surpluses from social events may be given to charities agreed by the Mission Committee. The following

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ST PETER’S CHURCH, EALING TRUSTEES’ REPORT FOR THE YEAR ENDED 31 DECEMBER 2021

were appointed to the Events Committee at the PCC meeting of 18 April: Revd David Neno, Mr Mark James, Mrs Susan Peatfield; Mr Daniel Yeadon, Ms Cornelia Harding, Ms Sarah Hare, Mrs Anne Lazarow, Mr Simon Baker and Mrs Christine Neyman.

• Finance & Stewardship Committee: chaired by the parish treasurer, Ms Linda Foster. The committee meets a minimum of four times per year. This committee manages the church accounts and explores ways of improving stewardship and giving. The following were appointed to the Finance Committee at the PCC meeting of 18 April: Ms Linda Foster, the Revd David Neno, Mr Alexander Pridgeon; Mrs Christine Macallister and Mrs Catharine Partridge. The PCC Treasurer reports the business of the committee at each PCC meeting.

• Buildings and Grounds Committee: chaired by Revd David Neno. This committee meets a minimum of four times a year. The committee’s main concern is the maintenance and upkeep of the church fabric and grounds, ensuring the annual maintenance programme is carried out and the church and environs are kept in a presentable and safe state. The committee ensures the PCC adheres to all building regulations and safety requirements, working with the church architect and Archdeacon to complete the identified issues in the church Quinquennial report, and advising the PCC on all matters to do with health and safety. The following were appointed to the Buildings and Grounds Committee at the PCC meeting of 18 April: Revd. David Neno, Revd Dr Adam Dobrzynski, Mr Angus McAvoy, Mr Ian Bradshaw, Dr Richard Peatfield, Mrs Moira Babary, Mr Alex Pridgeon and Mrs Ann Lazarow.

• Safeguarding Committee: this committee meets twice a year to prepare the annual report to the APCM, to present the annually updated Parish Safeguarding Policy in line with the Diocese of London’s Safeguarding guidelines, to nominate the Children’s Champion and the Church Safeguarding Officer for the year and to ensure all relevant parties are adequately trained and up to date with their licenses and legally required checks. The Committee comprises Mr Adam Grimley as the Church Safeguarding Officer; Mrs Susan Peatfield as the Children’s Champion; Mrs Allison McAllister and Dr Richard Peatfield as the nominated ID Evidence Checkers; Revd David Neno & Revd Dr Adam Dobrzynski.

Vicar’s Report

It was assumed 2020 would be the year of COViD. Everyone looked forward to the end of 2020 with its fears and restrictions. 2021 was to be the year that brought hope back to life.

In many ways 2021 proved to be harder than the year before. it began with restrictions and a third lock down where the local authorities asked that all places of worship close again. Having had a year of restrictions many were tired, fractious and frustrated. It was accepted that restrictions were there to protect but such restrictions went against our character and personalities. Many longed for a new normal where queuing to enter a shop, masks and social distancing were things of the past.

Vaccination programmes were rolling out slowly and with that came hope. The danger now was people running to new freedoms before they could walk away from protective rules, by passing the intermediary steps necessary for our communal safety. For St Peters, this move towards greater freedoms came with the relaxation of controls on church attendance. The third lockdown imposed in January was lifted in the Spring and we were permitted to return to church. There was still no singing and other restrictions including mask wearing in church, but we could pray together. A major step was the reintroduction of coffee after church, facilitated so carefully by Susan Peatfield and her team of helpers. This vital act of fellowship was a welcome step towards a normal church life together. Singing eventually returned. We had the pleasure of hearing God’s praise in song from Karen Foster and Vix Sherliker. Then our choir returned under the guidance of David Blumlein and Mark James (who had been providing musical depth to our worship throughout). The congregation was then allowed to sing and slowly life seemed to return properly to our worship together. Our fellowship, our life together, our sense of belonging and being part of one another; rather than the diaspora of St Peter’s across the Borough of Ealing shown up in small boxes on our computer screens or distanced individuals within a common building.

Many of our members contracted COViD. Thankfully none have had a fatal infection. It has however had its effect. A few have yet to return to our community. New pressures, new opportunities that occurred or opened up during COViD restrictions have meant the ability to commit to St Peter’s has been stretched. The team of readers has been reduced along with the team of servers and welcomers. Volunteers are thin on the ground and COViD has put a dent in the side of parish life. This is not peculiar to St Peter’s. Through my engagement with churches across the Deanery, Area, Diocese and indeed country I hear the same story from every denomination. It takes the blink of an eye to destroy things. It takes an age and lots of committed work to build it up again. The negative – our life together has been

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ST PETER’S CHURCH, EALING TRUSTEES’ REPORT FOR THE YEAR ENDED 31 DECEMBER 2021

diminished. The positive – we have new fields to plough and seedS to sow. We must and can think of new ways of being St Peter’s. We also find some of our projects return all the stronger for the challenges set before them. Ivy Café has returned under Rosanna Fullerton’s enthusiastic leadership with new life and vitality with new members and new friendships. The choir has fresh energy and enthusiasm with new young voices to help us all praise God in worship. The serving team, though diminished, has found space to allow our younger members to experiment with what it means to serve, to be part of our worship life. These young people are helping us to see new ways of doing old things.

We have a lot more thinking and praying to do. We do need to be more missionally minded and prepared to reach out beyond our existing boundaries, occasionally to be uncomfortable in a new land of opportunity.

New technology has been embraced at St Peter’s. All the main services are live streamed on Zoom. As the COViD season changes there are prayerful reflections taking place on how best to use this audiovisual technology evangelistically. St Peter’s has also successfully embraced contactless collections, exploring how this can be better used to improve giving in our church life. Contactless payments has proved revolutionary in how we best manage other events in the life of our church such as the Harvest Fayre. It is also being explored as an aid to charitable fundraising.

Alexander Pridgeon has done a magnificent job raising money for the restoration work on our Lady Chapel. A project that began when some plaster fell from the East wall has turned into a £60k+ restoration project involving repairs to stained glass, flooring, restoration of altar rails, cleaning the ceiling, painting the walls and cleaning the reredos. With Alex’s enthusiasm and energy work should commence after Easter 2022, a century after the chapel was dedicated as a fitting memorial to those who had fallen in the Great War.

2021 has seen us, along with every member of our nation if not our planet broken to varying degrees by this virus. Yet, as we look back, we can see the green shoots of hope as we begin that journey of healing; personally, as a community as well as nationally. We will come back from this bigger, better and stronger if we are prepared to put in the effort through payer and action to build up the body of Christ in this place.

As I wite this a new shadow has appeared on the horizon. The armed forces of Russia have invaded the European nation of Ukraine. Whilst offering every form of humanitarian support we hold our breath and pray for peace. There is no way of telling how these actions will affect us or our neighbours, both near and far, only time will tell. This developing situation must be held by all of faith in prayer; praying for all involved with a payer for peace – for this is what Jesus came into the world to give us all.

Thank you.

The Chair’s report is an opportunity to say thank you to several people publicly. As we have worked our way through a most challenging time, many of you have stepped up to the plate and given your support and time.

I begin by thanking our churchwardens. I have many times before. A church can operate without a vicar, but it cannot operate without churchwardens, so thank you to Jane and Richard. Without them these days of changing restrictions and regulations would have been very difficult to manage. They have worked hard to kept us organised.

Thank you to Lesley, our administrator, who really makes my life so much easier and life in the parish much smoother. Her support and forbearance as regulations changed and as she stepped up to support me in my new role as Area Dean of Ealing has been invaluable. To Val Stephens who does a huge amount behind the scenes, to our staff team, Susan, Harold, Margaret and Adam. We are truly blessed with such wisdom and skill. Thank you too to Linda our treasurer, an absolute gold mine and gem in our lives; to Ailsa who has grown into her roll of PCC secretary and to Cornelia who took over the reigns as pressures on Ailsa’s time changed and she had to relinquish her role. Thank you to our PCC members, Safeguarding Team, our servers, welcomers, choir members, especially Mark James our Director of Music and David Blumlein our Choir Leader, our flower arrangers and Events, Finance and Stewardship, Mission, Buildings and Grounds team Members. Rosanna Fullerton and her team who run the Ivy Café and offer a valuable space for friendship and fellowship. The list is wonderfully huge.

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ST PETER’S CHURCH, EALING TRUSTEES’ REPORT FOR THE YEAR ENDED 31 DECEMBER 2021

Public Benefit Statement

In producing their assessment of the benefit to the public provided by the charity, the trustees confirm that they have complied with the duty in Section 17 of the Charities Act 2011 to have due regard to the Charity Commission’s general guidance on public benefits, Charities and Public benefit. St Peter’s Church is governed, as are all churches of the Church of England, by the Church Representation Rules 2022, the Canons of the Church of England, and the Book of Common Prayer.

Church Attendance

There were 105 parishioners on the Church Electoral Roll, as declared at the APCM held on 18 April 2021, of whom 43 (41%) were resident within the parish and 62 (59%) were resident outside the parish. Average attendance during the year was 55.5 adults and 16.5 children; Christmas congregant figures were 157. The Church in normal circumstances is open daily between 8.30am and 5.30pm or dusk whichever is earliest.

Uniformed Organisations

St Peter’s is affiliated to the following uniformed organisations: 1st Ealing North Beavers; 1st Ealing North Cubs; 4th Ealing Brownies; and Guides.

Review of the Year

St Peter’s PCC met seven times during the year, as follows:

Our PCC Meetings began early in 2021 with a special meeting held on Zoom to discuss the Borough Council’s request that all places of worship should close in the face of the third lockdown. Our next scheduled meeting was to be later in January. At another gathering held on Zoom, this business meeting received reports from the treasurer, the Standing Committee; Health and Safety; Buildings and Grounds and Mission Team.

Our March meeting agreed the accounts for year end December 2020 in preparation for our APCM to be held on the 18 of April. This meeting also accepted the Social Media Policy which was formally received. Fr David announced he had been appointed as the new Area Dean of Ealing.

The meeting held after the APCM on the 18 April elected the officers to the PCC for the coming year and agreed the dates for the meetings for the coming year.

The PCC next met in May. At this meeting the Safeguarding policy for the coming year was agreed. The meeting also agreed the Safeguarding Officers for the coming year. The CSO will be Adam Grimley; the CC will be Susan Peatfield; the Lead IDEC will be Allison McAllister with Richard Peatfield as the additional IDEC. The Safeguarding Team reported they were hoping to propose a Champion of Vulnerable Adults to add to the team. Fr David reminded the PCC that as trustees they are obliged to undertake the basic online Safeguarding training. As church life was returning the meeting discussed the return of coffee after church and the return of the choir as singing by organised choirs was now to be permitted.

In our July meeting it was reported groups were returning to use the Church Hall; the Treasurer reported a healthy state of affairs mainly due to the grants being received for the Lady Chapel project. The PCC agreed to the use of a contactless payment machine for regular occasional giving to the work of the church. The Events team have begun, cautiously to arrange events and announced plans to hold the Harvest Fayre again this year to raise money for church funds. Plans were also in place for the hoped for removal of restrictions on congregational singing.

The next meeting of the PCC should have been an away day in September. The PCC were going to explore the Diocesan Programme 2030 Vision using a video produced by the Willesden Area Director of Mission Christopher Ramsey. Unfortunately Fr David fell ill with a virus (not COViD) and the meeting had to be cancelled.

So, our next meeting was in November. At this meeting the PCC formally agreed their Common Fund contribution of £85,500 for 2022 with the added 1% levy towards the Willesden Mission fund. The Wardens reported that the exterior of the Church Hall and the interior had been painted; a new baby grand had been donated to St Peter’s to replace the aged instrument presently (not) in use; HSBC were now introducing charges to charity accounts and the meeting finally agreed on a contactless system

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ST PETER’S CHURCH, EALING TRUSTEES’ REPORT FOR THE YEAR ENDED 31 DECEMBER 2021

payment system for Sunday collections (Dons Donations). Fr David reported discussions with parents about what provision could be made for our children’s nurture in the faith now restrictions are easing. Fr David also reported on a very successful Education Sunday where students from Ada Lovelace took part in the Sunday Mass. Fr David also shared plans for this coming Christmas celebrations which would follow our normal pattern (Carol Service, Christingle, Midnight Mass and Christmas Day Mass) steering us towards some sense of normality whilst allowing those more nervous to vote not to attend.

Significant Events in 2021

The most significant event in 2021 was the slow and progressive reduction in restrictions in light of the new variant of COViD and the Government’s move back towards normality. Services in the early part of the year were held on Zoom. With returning to worship in Church happening for Easter. Masks were still to be worn and congregational singing was not allowed until July. Social distancing was to be observed moving from 2 to 1 metre. We continued worship through the Easter season with singing from Karen Foster and Vix Sherliker to help us. We were able to keep The Feast of the Ascension with our traditional firework and glass of wine, and Pentecost and Trinity Sunday. St Peter’s Day was celebrated as was our Dedication Festival. After the summer break the life continued to return to normal with the celebrating of Harvest with a Fayre and a bring and share lunch after the parish mass. Christmas soon arrived and we celebrated with a glorious carol service, Christingle on Christmas Eve, Midnight Mass and Mass on Christmas Day. It was joy to be able to sing carols once again. One notable highlight was the first Education Sunday held in October. Students of Ada Lovelace took part in the service, reading the lessons, leading the intercessions and singing. It was a brilliant occasion we hope we can build upon.

There were no weddings this year, one baptism, one thanksgiving, no admissions to communion; no confirmations and eight funerals (5 held in church and three held at the crematorium) were conducted at St Peter’s in 2021.

Ealing Churches Winter Night Shelter was not run in 2021 due to the pandemic. ECWNS have explored other ways in which the churches could come together to support the homeless.

Revd David Neno, Vicar

Safeguarding Report

The Safeguarding Team continued our programme of meetings, ensuring the PCC were kept abreast of developments in the care and well-being of our community and the requirements made of our officers in light of developments in the field of safeguarding. Christine Macallister, after many years supporting this work decided it was time to step down as Children’s Champion. Susan Peatfield took on that mantel. Richard Peatfield agreed to join the Team as an IDEC, working alongside Allison McAllister. The Team continue to encourage PCC members to complete the basic Safeguarding training online. We also keep a watching brief on those who are DBS checked, those developing roles that may require their participants to be encouraged to make Self disclosures as well as be cleared through the DBS system and checking those who are due to renew their certification. We are in the process of looking for a Vulnerable Adults Champion to complete our team.

Churchwardens’ Report

This report covers the calendar year to 31 December 2021 and begins with the Statistics for Mission of 2020 being submitted in January 2021. Special thanks to Trevor Bates for his help with the figures.

During the year a continuous programme of maintenance, repair and improvement to the church, its grounds and the church hall has been carried out. The following improvements were done during the year.

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ST PETER’S CHURCH, EALING TRUSTEES’ REPORT FOR THE YEAR ENDED 31 DECEMBER 2021

We need now to await the quinquennial inspection which is scheduled for October 2022.

The carbon monoxide detector in the church kitchen was replaced in January 2022. We have certificates for the lightning conductor which was tested on the 30 of November 2021. The Fire appliances were checked by Chubb and passed during August 2021. The boiler certificate was issued on the 6 of October 2021. We have a certificate of registration with SmartWater, our forensic identity company, until August 2022. The fire doors and emergency lighting and fire appliances have been checked all year and any problems have been dealt with. A risk assessment has been logged regarding possible flooding to the boiler room and the electrical distribution room. A Fire Evacuation practice was not carried out during 2021 due to Covid restrictions. The Log Book and the Church Inventory have been kept up to date.

During the year the drains and gutters have been swept clear of leaves and debris and the church gardens have been kept cut and cultivated by Matthew McAllister, Michael Tiley and Ann Lazarow.

The church hall has been cleaned continuously during the working week and the church has been cleaned by the same company during the nursery school holidays. This cleaning regime has not always been to a satisfactory standard.

We were in lock down for most of January but were open again for our Easter services. Our company of church watchers kept the church open for prayer during the morning hours, wiping surfaces down to avoid Covid-19 virus contamination.

On 9 June we hosted the Archdeacons Visitation at St Peter’s when the Churchwardens were reappointed Churchwardens with our fellow Churchwardens from the diocese of Willesden.

In July, Susan Peatfield organised the reintroduction of coffee after our Sunday services and this event while carefully considering our Covid -19 restrictions, has been enjoyed by all parishioners continually since then.

The congregation was permitted to sing in church during the latter part of the year and our choir with David Blumlein at its head returned to perform at our services in September.

Mark James has given us fine organ music and he has kept us informed about the fragile state of the organ. He organised a concert by Marc Verter on our newly donated Broadwood baby grand piano which was held on the 5th of December. Sue Barr was in church to hear her family piano being played so expertly by Marc.

We have been ably assisted by Lesley Brooks in keeping abreast of the state of our church fabric and of all our church activities and by Linda Foster who has tried assiduously to keep us within budget for most of the year.

We are so grateful to all of our dedicated parishioners who helped to keep the church open during lock down restrictions. More especially to the clergy team Father David, Adam, Margaret, Harold and Susan who have kept us spiritually sustained through our Zoom worship and during our church attendance when it was permitted .

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ST PETER’S CHURCH, EALING TRUSTEES’ REPORT FOR THE YEAR ENDED 31 DECEMBER 2021

Treasurer’s Report and financial review

The financial results for 2021 show a surplus of £26,350, with income of £186K and expenditures of £160K. This compares to a surplus of £23,463, income of £175K and expenditures of £151K in 2020.

Total income grew by 6.6% over the previous year primarily due to:

Total expenditures increased by 5.7%; this included the painting of the Church Hall, electrical repairs, new fencing in the church grounds, increases in Hall cleaning costs due to the pandemic, much needed organ repairs, and depreciation of the new audio-visual system (which is being written off over four years).

Although overall cash balances of £42K were healthy at the end of 2021, it must be noted that they cover the restricted reserves for the Lady Chapel Project. We intend to finally move forward with this project in 2022 now that the majority of the funding has been obtained and the contractor is re-engaged. The operational reserves on our balance sheet total only £6K which is well below our Reserves Policy requirement of three months of operating costs. Looking to 2022, a generous legacy was received early in the year. There are many ways this can be utilised, one of which will be the strengthening of our general reserves to enable us to operate confidently going forward.

Linda Foster, Treasurer

This report was approved by the PCC and signed on their behalf by:

Rev'd David Neno, Chair of PCC

Date: 13 March 2022

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ST PETER'S CHURCH, EALING

INDEPENDENT EXAMINER'S REPORT FOR THE YEAR ENDED 31 DECEMBER 2021

Independent examiner's report to the Trustees of St Peter's Church, Ealing ('the Charity')

I report to the charity Trustees on my examination of the accounts of the Charity for the year ended 31 December 2021.

Responsibilities and basis of report

As the Trustees of the Charity you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the 2011 Act').

I report in respect of my examination of the Charity's accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

Independent examiner's statement

Your attention is drawn to the fact that the Charity has prepared the accounts in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) in preference to the Accounting and Reporting by Charities: Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has been withdrawn.

I understand that this has been done in order for the accounts to provide a true and fair view in accordance with the Generally Accepted Accounting Practice effective for reporting periods beginning on or after 1 January 2015.

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

  1. accounting records were not kept in respect of the Charity as required by section 130 of the 2011 Act; or

  2. the accounts do not accord with those records; or

  3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair' view which is not a matter considered as part of an independent examination.

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

This report is made solely to the Charity's Trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. My work has been undertaken so that I might state to the Charity's Trustees those matters I am required to state to them in an Independent examiner's report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the Charity and the Charity's Trustees as a body, for my work or for this report.

Signed: Dated: 22 March 2022 Richard Hill FCA Griffin Stone Moscrop & Co Chartered Accountants 21-27 Lamb's Conduit Street London WC1N 3GS

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ST PETER'S CHURCH, EALING

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2021

Note
Income from:
Donations and legacies
3
Charitable activities
4
Income from use of church buildings
5
Investments
Total income
Expenditure on:
Charitable activities
6
Total expenditure
Net (expenditure)/income
Transfers between funds
13
Net movement in funds
Reconciliation of funds:
Total funds brought forward
Net movement in funds
Total funds carried forward
Unrestricted
funds
2021
£
119,021
3,155
26,720
-
148,896
159,186
159,186
(10,290)
4,440
(5,850)
420,556
(5,850)
414,706
Restricted
funds
2021
£
36,228
1,235
-
-
37,463
823
823
36,640
(4,440)
32,200
9,988
32,200
42,188
Total
funds
2021
£
155,249
4,390
26,720
-
186,359
160,009
160,009
26,350
-
26,350
430,544
26,350
456,894
Total
funds
2020
£
150,411
3,055
21,340
3
174,809
151,346
151,346
23,463
-
23,463
407,081
23,463
430,544

The Statement of financial activities includes all gains and losses recognised in the year.

The notes on pages 4 to 18 form part of these financial statements.

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ST PETER'S CHURCH, EALING

BALANCE SHEET AS AT 31 DECEMBER 2021

Note
Fixed assets
Tangible assets
10
Current assets
Debtors
11
Cash at bank and in hand
Creditors: amounts falling due within one
year
12
Net current assets
Total assets less current liabilities
Net assets excluding pension asset
Total net assets
Charity funds
Restricted funds
13
Unrestricted funds
13
Total funds
10,883
42,070
52,953
(4,519)
2021
£
408,460
408,460
48,434
456,894
456,894
456,894
42,188
414,706
456,894
5,655
37,432
43,087
(12,543)
2020
£
400,000
400,000
30,544
430,544
430,544
430,544
9,988
420,556
430,544

The financial statements were approved and authorised for issue by the Trustees and signed on their behalf by:

Rev'd David Neno (Chair of Trustees) Date: 13 March 2022

Linda Foster (Trustee)

The notes on pages 4 to 18 form part of these financial statements.

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ST PETER'S CHURCH, EALING

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021

1. General information

St Peter's Church is an Anglican parish church based in Ealing located at Mount Park Road, North Ealing, London W5 2RU. A description of the nature of the charity's operations and its principal activites can be found in the Annual Report of the PCC.

2. Accounting policies

2.1 Basis of preparation of financial statements

The financial statements have been prepared in accordance with the Charities SORP (FRS 102) - Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011.

The financial statements have been prepared to give a 'true and fair' view and have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a 'true and fair' view. This departure has involved following the Charities SORP (FRS 102) published in October 2019 rather than the Accounting and Reporting by Charities: Statement of Recommended Practice effective from 1 April 2005 which has since been withdrawn.

St Peter's Church, Ealing meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy.

2.2 Income

All income is recognised once the Charity has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably.

Grants are included in the Statement of financial activities on a receivable basis. The balance of income received for specific purposes but not expended during the period is shown in the relevant funds on the Balance sheet. Where income is received in advance of entitlement of receipt, its recognition is deferred and included in creditors as deferred income. Where entitlement occurs before income is received, the income is accrued.

Income tax recoverable in relation to investment income is recognised at the time the investment income is receivable.

2.3 Expenditure

Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably.

Expenditure on charitable activities is incurred on directly undertaking the activities which further the Charity's objectives, as well as any associated support costs.

All expenditure is inclusive of irrecoverable VAT.

2.4 Government grants

Government grants relating to tangible fixed assets are treated as deferred income and released to the Statement of financial activities over the expected useful lives of the assets concerned. Other grants are credited to the Statement of financial activities as the related expenditure is incurred.

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ST PETER'S CHURCH, EALING

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021

2. Accounting policies (continued)

2.5 Interest receivable

Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the Charity; this is normally upon notification of the interest paid or payable by the institution with whom the funds are deposited.

2.6 Tangible fixed assets and depreciation

Consecrated and benefice property of any kind is excluded from the financial statements by section 10(2)(c) of the Charities Act 2011.

Moveable church furnishings held by the Vicar and churchwardens on special trust for the PCC, and which require a faculty for disposal, are accounted for as inalienable property unless consecrated. For such alienable property there is insufficient cost information available and therefore such assets are not valued in the financial statements.

All expenditure incurred during the year on consecrated or benefice buildings or on repair or replacement of church furnishings is expensed within the Statement of Financial Activities

Tangible fixed assets are initially recognised at cost. After recognition, under the cost model, tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. All costs incurred to bring a tangible fixed asset into its intended working condition should be included in the measurement of cost.

No depreciation is being charged on the land and buildings as it is considered immaterial in the context of the financial statements.

Depreciation on specific categories of fixed assets is being charged on a straight-line basis over the number of years shown below:

Audio visual equipment

2.7 Debtors

Trade and other debtors are recognised at the settlement amount after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

2.8 Cash at bank and in hand

Cash at bank and in hand includes cash and short-term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.

2.9 Liabilities and provisions

Liabilities are recognised when there is an obligation at the Balance sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably.

Liabilities are recognised at the amount that the Charity anticipates it will pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provide.

Page 5

ST PETER'S CHURCH, EALING

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021

2. Accounting policies (continued)

2.10 Financial instruments

The Charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.

2.11 Fund accounting

General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the Charity and which have not been designated for other purposes.

Designated funds comprise unrestricted funds that have been set aside by the Trustees for particular purposes. The aim and use of each designated fund is set out in the notes to the financial statements.

Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the Charity for particular purposes. The costs of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements.

Investment income, gains and losses are allocated to the appropriate fund.

3. Income from donations and legacies

Unrestricted
funds
2021
£
Stewardship income, collections and gift aid recoverable
109,404
Listed places of Worship grant
593
Grants from Heritage fund and Coronavirus job retention
scheme
9,024
119,021
Unrestricted
funds
2020
£
Stewardship income, collections and gift aid recoverable
124,872
Listed places of Worship grant
-
Government grants
19,131
144,003
Restricted
funds
2021
£
36,228
-
-
36,228
Restricted
funds
2020
£
6,408
-
-
6,408
Total
funds
2021
£
145,632
593
9,024
155,249
Total
funds
2020
£
131,280
-
19,131
150,411

Page 6

ST PETER'S CHURCH, EALING

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021

4. Income from charitable activities

Unrestricted
funds
2021
£
Income from events
2,082
Traidcraft receipts
-
Fee income
1,073
3,155
Unrestricted
funds
2020
£
Income from events
1,511
Traidcraft receipts
656
Fee income
-
2,167
Restricted
funds
2021
£
-
-
1,235
1,235
Restricted
funds
2020
£
-
-
888
888
Total
funds
2021
£
2,082
-
2,308
4,390
Total
funds
2020
£
1,511
656
888
3,055

Page 7

ST PETER'S CHURCH, EALING

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021

5. Income from use of church buildings

Income from fundraising events

Unrestricted
funds
2021
£
St Peter's Hall rental income
26,120
Church building income
600
26,720
Unrestricted
funds
2020
£
St Peter's Hall rental income
21,305
Church building income
35
21,340
Total
funds
2021
£
26,120
600
26,720
Total
funds
2020
£
21,305
35
21,340

Page 8

ST PETER'S CHURCH, EALING

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021

6. Analysis of expenditure on charitable activities

Summary by fund type

Unrestricted
funds
2021
£
Church Activities
159,186
Unrestricted
funds
2020
£
Church Activities
144,555
Restricted
funds
2021
£
823
Restricted
funds
2020
£
6,791
Total
funds
2021
£
160,009
Total
funds
2020
£
151,346

7. Analysis of expenditure by activities

Church Activities
Church Activities
Activities
undertaken
directly
2021
£
141,497
Activities
undertaken
directly
2020
£
130,320
Support
costs
2021
£
18,512
Support
costs
2020
£
21,026
Total
funds
2021
£
160,009
Total
funds
2020
£
151,346

Page 9

ST PETER'S CHURCH, EALING

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021

7. Analysis of expenditure by activities (continued)

Analysis of direct costs

Diocesan quota
Clergy expenses
Outreach/Mission
Worship expenses
Music expenditure
Junior church
Events expenditure
Traidcraft expenditure
St. Peter's Hall expenditure
Vicarage costs
Church repairs & maintenance
LDF fees
Depreciation
Direct
ministry
costs
2021
£
85,200
2,742
810
1,342
12,131
54
878
200
23,604
827
10,066
823
2,820
141,497
Total
funds
2021
£
85,200
2,742
810
1,342
12,131
54
878
200
23,604
827
10,066
823
2,820
141,497

Page 10

ST PETER'S CHURCH, EALING

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021

7. Analysis of expenditure by activities (continued)

Analysis of direct costs (continued)

Diocesan quota
Clergy expenses
Outreach/Mission
Worship expenses
Music expenditure
Junior church
Events expenditure
Traidcraft expenditure
Schools levy
St. Peter's Hall expenditure
Vicarage costs
Church repairs & maintenance
Church noticeboard
Restricted stonework expenditure
LDF fees
Direct
ministry
costs
2020
£
85,200
2,688
385
395
6,445
48
178
291
852
16,826
1,297
8,924
3,274
2,701
816
130,320
Total
funds
2020
£
85,200
2,688
385
395
6,445
48
178
291
852
16,826
1,297
8,924
3,274
2,701
816
130,320

Page 11

ST PETER'S CHURCH, EALING

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021

7. Analysis of expenditure by activities (continued)

Analysis of support costs

Staff costs
Parish office administration
Sundry expenses
Parish office stationery
Parish office telephone
Independent examination costs
Staff costs
Parish office administration
Sundry expenses
Parish office stationery
Parish office telephone
Independent examination costs
Ministry
support
costs
2021
£
12,258
594
857
798
1,630
2,375
18,512
Ministry
support
costs
2020
£
12,168
538
3,455
472
2,125
2,268
21,026
Total
funds
2021
£
12,258
594
857
798
1,630
2,375
18,512
Total
funds
2020
£
12,168
538
3,455
472
2,125
2,268
21,026

Page 12

ST PETER'S CHURCH, EALING

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021

8. Staff costs

2021 2020
£ £
Wages and salaries 12,258 12,168

The average number of persons employed by the Charity during the year was as follows:

2021 2020
No. No.
1 1

No employee received remuneration amounting to more than £60,000 in either year.

The key management personnel of the church consists of the incumbent, who is not paid directly by the church and the PCC members (trustees). None of these individuals are employees of the church.

9. Trustees' remuneration and expenses

During the year, no Trustees received any remuneration or other benefits (2020 - £NIL).

During the year ended 31 December 2021, expenses totalling £2,742 were reimbursed to 2 Trustees (2020 - £2,688 to 2 Trustees).

Page 13

ST PETER'S CHURCH, EALING

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021

10. Tangible fixed assets

Cost or valuation
At 1 January 2021
Additions
At 31 December 2021
Depreciation
Charge for the year
At 31 December 2021
Net book value
At 31 December 2021
At 31 December 2020
11.
Debtors
Due within one year
Tax recoverable
12.
Creditors: Amounts falling due within one year
Accruals and deferred income
Freehold
property
£
400,000
-
400,000
-
-
400,000
400,000
AV
equipment
£
-
11,280
11,280
2,820
2,820
8,460
-
2021
£
10,883
10,883
2021
£
4,519
Total
£
400,000
11,280
411,280
2,820
2,820
408,460
400,000
2020
£
5,655
5,655
2020
£
12,543

Included within accruals and deferred income is an amount of £644 relating to marriage fees in relation to a wedding initially scheduled to take place in 2020 but which was then deferred as a result of Covid-19 restrictions and had not taken place by 31 December 2021. At 31 December 2020 there was deferred income of £8,258.

Page 14

ST PETER'S CHURCH, EALING

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021

13. Statement of funds

Statement of funds - current year

Unrestricted funds
Designated funds
Church Hall
AV equipment
General funds
General Funds
Total Unrestricted funds
Restricted funds
Lent appeal
Lady Chapel Fund
Funeral fees
AV fund
Total of funds
Balance at 1
January
2021
£
400,000
-
400,000
20,556
420,556
(10)
9,708
290
-
9,988
430,544
Income
£
-
-
-
148,896
148,896
-
31,778
1,235
4,450
37,463
186,359
Expenditure
£
-
(2,820)
(2,820)
(156,366)
(159,186)
-
-
(823)
-
(823)
(160,009)
Transfers
in/out
£
-
11,280
11,280
(6,840)
4,440
10
-
-
(4,450)
(4,440)
-
Balance at
31
December
2021
£
400,000
8,460
408,460
6,246
414,706
-
41,486
702
-
42,188
456,894

The Lady Chapel Project has been on hold for a couple of years due to the pandemic, the lack of funding and the difficulty in engaging suitable contractors. In the past year successful fundraising efforts have resulted in grants from various organisations so that the project is now largely funded. It is anticipated that the contactors will commence the work in the summer of 2022.

Page 15

ST PETER'S CHURCH, EALING

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021

13. Statement of funds (continued)

Statement of funds - prior year

Unrestricted funds
Designated funds
Church Hall
General funds
General Funds
Total Unrestricted funds
Restricted funds
Lent appeal
Church Notice Board
Lady Chapel Fund
Funeral fees
Special collection
Total of funds
Balance at
1 January
2020
£
400,000
(1,378)
398,622
(10)
2,250
6,281
(62)
-
8,459
407,081
Income
£
-
167,513
-
-
-
6,128
687
481
7,296
7,296
Expenditure
£
-
(144,555)
(144,555)
-
(3,274)
(2,701)
(335)
(481)
(6,791)
(151,346)
Transfers
in/out
£
-
(1,024)
(1,024)
-
1,024
-
-
-
1,024
-
Balance at
31
December
2020
£
400,000
20,556
420,556
(10)
-
9,708
290
-
9,988
430,544

Page 16

ST PETER'S CHURCH, EALING

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021

14. Summary of funds

Summary of funds - current year

Designated funds
General funds
Restricted funds
Balance at 1
January
2021
£
400,000
20,556
9,988
430,544
Balance at
1 January
2020
£
400,000
(1,378)
8,459
407,081
Income
£
-
148,896
37,463
186,359
Income
£
-
167,513
7,296
174,809
Expenditure
£
(2,820)
(156,366)
(823)
(160,009)
Expenditure
£
-
(144,555)
(6,791)
(151,346)
Transfers
in/out
£
11,280
(6,840)
(4,440)
-
Transfers
in/out
£
-
(1,024)
1,024
-
Balance at
31
December
2021
£
408,460
6,246
42,188
456,894
Balance at
31
December
2020
£
400,000
20,556
9,988
Summary of funds - prior year
Designated funds
General funds
Restricted funds
430,544

Page 17

ST PETER'S CHURCH, EALING

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021

15. Analysis of net assets between funds

Analysis of net assets between funds - current year

Unrestricted
funds
2021
£
Tangible fixed assets
408,460
Current assets
10,765
Creditors due within one year
(4,519)
Total
414,706
Restricted
funds
2021
£
-
42,188
-
42,188
Total
funds
2021
£
408,460
52,953
(4,519)
456,894

Analysis of net assets between funds - prior year

Tangible fixed assets
Current assets
Creditors due within one year
Total
Unrestricted
funds
2020
£
400,000
33,099
(12,543)
420,556
Restricted
funds
2020
£
-
9,988
-
9,988
Total
funds
2020
£
400,000
43,087
(12,543)
430,544

16. Related party transactions

The aggregate donations given by PCC members in the year amounted to £26,685 (2020 - £26,882).

Page 18