REGIsfERED CHAIUTY NUMBER: 1131808 Report of the Trustees and Un*udited FinHncÉ21 Statements lor the Year Ended 31 Deceniber 2023 for SL JohD tIEe EYaThgeAi%t F4oltillg Hill Garside and Co. Ltmited Sui* 631. Linth Hall 162-168 Regent Street Loudon WIB5TG St. John Ilie Evangelist NottlDg Hill Contents of the FiiianelAI StAtemeiits for tlic Yegr Elided 31 Decembex 2(123 Pxge Report of tlte Trustees I to 2 Independent ExAmlner'$ Report Statement of Fin*neial Aetlvltles Bal%Lnce Shetl Noles to tlie fi1ii%nciAI Stalemtthts Detailed St&tement of FinaBeisl ActlvltEes 12 LO 13 S¢. Jolin ¢he Evan¥elist Nottlng HIII Report of tlie Trustees foi. tlie Yeaj. ETrd¢d JI Decemb¢i' 2023 The tsusle&8 t￿￿e[LI their ￿port with the financi41 sthtements of the charity for the year ended 31 DeC￿nber 2023. The trustees have ddopted d)e provisions of Accountillg and Reporting by Charities.. Stat¢inent of Reconllnended PraLlice applicable to cliarities prepaying the5r ae£ounL8 ID aeeordallce with the Fin8ncial Reporting Standard applicable in tlie UK 8nd Republic of Ireland (FRS 102) {effective l January 2019). OBJECTIVES AND AcfIvITIES Objectives and 4in15 The objectiv¢ of ti)e Cliurch is as sthd in the Mission Auion Plan 2023f2024 wlii¢li is available in the Cl)urcli and on the website. The Church maintsins a level of fijndtng ￿ffiCient to ¢￿able it to continue with ils woA(. Volunteei's In all its various actiViii&% the PCC is dep￿Ident upon the setvices of unpaid volunteers. The value of tliis suppoit during the finaEJcial year h&s been estimALted at £50,(MMI (2022 - £50.IMM)). This tttimated value is not i'eflected in tl)e figw'es ot thue finunLial 51atement5. CHIEVLMENT AND PC4 RFORMANCE 2023 w&8 a year of eliallenge and opportunity for St John's. In conirnon with n?any f8ith communities and otl)u' coinijiunity-facing institutions. we continued to rebuild o¥r resources and a¢tivities oft¢r the multiple setbacks cau8ed by the Covid 19 pandemic. In some senses, thGSe were less f4x St JOI￿,4 as we stayed open much long¢r and more often (while .%tEII itmaini118 wittLÈn the18w) than M￿}Y other churches. We know now dTrat there is a direct correlatioll between the amount of tsnie a c5iurch was closed attd the nun)ber of worsbtp￿s and congrega]Lts it 105L We 105t fewer thkm Lnany. Thi5 IS reflected 2023 ITh incieases in Our 3 elect0￿1 rolls (St JOI￿.4 Filipi￿ Chaplai17cy and Persian Community) and a greatly iocreased a￿oUnt of diieci 8tving. Tl)is gives us 80(Kl beai'l for 2024 ai)d beyond, a5 we iiiovc lowaids our stated aiid publie conllniliiienl of paymcnl of costs thc con￿0￿ FuDd of the DiocGse of LA)ndon by 2025. Togeth￿. with commurkities and iwlitytitstjs ar￿t￿ the world. the cost of livii)g crisis had an impact on OUT budset and finanr¢s in 2023, wbieh is reflected in the ffluch higlKr of our utiEities throughout the year. This was inevitable, as the rdnge and quantlty of our activities increased throughout the year, particularly itj the colder niontlis IEqutrin8 exti'a he8liiig aiid liglEiin8. We are t "seven days a w£ck" churth and centre for die cotnmunity. Also affecting us in a significant way in Élle course of tile year were tl)e deaths of Mykhaylo Ibelgauptas, our Main(etMnce Msnager and Lydia Aunanda, employed by die Probation Service to manage our long~runniiig and successful Probation Seivicelunpaid Work programnie. Tlieir piErnalur¢ deatlis, both from caDcet, affec¢ed us deeply, aiid we had to find new ways of Inanaging th¢ m?iniengJJ¢e of our builditEgs ground5. ServiDg the ¢ommuAity in worsl)ip aiid die off¢i'ing of space for colnnJL￿Ity activiknes 18 whal we do- so t￿￿o￿8￿0ul the yvar, letsiEJgs of spa¢¢ to other commuttity olganisations lias brou￿?[ in sigllifiGxnl i'evenue. and ive are grat¢fui to ADja￿la Feeney aDd JOI￿An¢S Dieyer, who maiiaged lettings in their role as Office MaiiaBcr. lJic4"wt4J inwn¢ frolli Icuin8s is also reflected in the accounts. A niueh more detailed account of all our work throu8lMJUt the year catt be seen in our CThuwh Annual Repoit 2023, available oli the website www.Sljohnsnottin8hill.coni. FLNANCIAL REVIEW Fiiiajkeial positio The chat'ity ended the ycar with a surplus on general futjds of £10.8(K) {2022- £3,876 deficit) Ihe details of wljich can be seen in annexed financial statem¢nts {ond rrf)tes) for the petiod. Tlie TNsiee5 ar¢ very thanthl to all ￿le memb￿5 (aDd other 5thk¢hold¢rs) for th¢ir ￿ntinuOUS generosity wliicli enables the Ch￿'Ity to Inatntain its chai'itable aGtivitics. Investment policy and obJectlves The ftinds of tlie PCC ale invested in instant aeccss de￿)sit accounts with CBF Churcli of EnglÈtsd deposit ￿nd. Other ful￿5 are ii)aintained in Natwest Bank plc eurrent and dq)osil accounts. Reserves polley TIIG pvlioy oftb¢ PCC ij ¢0 n)ain(aiD Ou￿1[￿F￿¢ funth to ¢nabl¢ ths njeet its 8t•ted objectives And obli6AliofJS. Page I SL Jol)n the Evangelist Notting Hiv Report of th¢ Ti'u$tees for the YeAI' Ended 31 D4￿mber 202J FtbTURE PLANS During 2024 Ihe main objective will be continuing growth of thc mission of thc Church and to serve the wider commLlI]ity. STRucfuRE, GOVERNANCE AND MANAGEMENT Tlie PaiDchial Church Coiiu¢il is a CO￿ora* body eslablished by tIR Cliurch of F￿glIttd. The PCC operates under the Parochial Chui'ch Council Powers Me8sur¢. The PCC is a Registered Cl)arity. Membcrs of tlie Parochial Church Council ('PCC) are eid)er ex-officio or elected at the Annual ParyKhisl Chui'di Mecting in Accordance with the Church Rep¥eseDta(ion Rul&8. REFERENCE AND ADMINISTRATIVE DETAtLS Registered Charity nuniber 1131808 Prln£lp21 addres Lansdowne Cr&s¢ent Nottijig Hill London W112NN Ti'u5tees Ms C Sterling (appointed 16.4.2023) P Robinson {appointed 16.4.2023) C Luiigo (appointed 16.4.2023) T Baritham-Hyatt inted I6.4.20￿) Ms V Siiverio l Rigor C Reevcs O Sosanya M5 A Seividad M5 P Lawton M Sowalskey R Buinett-Hall Ms A Buckley Rev L Gdlon Ms R Warcup it in order to t￿&ble a proper undetstanding ordi¢ ac¢ouuts to be ieaehed. Gareih Owen Huglies Bsc ACA Tli¢ Inslitute of CliarteLed Accountattts in England gnd Wales Gai'side aJ)d Co. Limited Suite 631, Lsnen Hall 162-168 Iiegent Street London WIB 5TG Date.. Page 3 St. Joliji the Ev•MgeliJt Noltlng Hill Statemtnt of Fin8ncial Aetlvlties foi. the Vear End¢d 31 December 2023 31.12.23 Toijl Ojnds 31.12.22 Total fuiids Lnrestricic4J ResiTTded fU￿d Noles INCOME AND ENDOWMENTS FROM Donations and legaciss 592,049 192,049 147,191 Cliaritablé #etivltles Churcli AetjVLti&% 158,312 IS8J12 184,640 Othei- tsxdÉng acLivitie Investment income 5,534 6J34 5,534 6,334 4.276 .445 Total 362 229 337 552 EXPENDITURE ON Riiising funds 7,181 7,181 5,131 Cli*i'it#ble g¢(Ivliles Cliurch Activities 344 248 329 484 Tot21 351429 351429 334615 EXTRAORDINARY ITEM 6,813 INCOMEI(EXPENDITURE) 10.8(N) 10.800 13.876) REI CONCILIAI'ION OF FUNDS Total funds brought forward 28,811 91.824 120,635 124.511 TOTAL FUNDS CARRtED FORWARD 39,611 91,824 131435 120 635 TiK noks fonn part of diese financial st8tetn¢nls Page 4 St. Johii the Evgugellst Nottlllg Hlll Balance Slieet 31 Decembei. 2023 31.12.23 Tolsl funds 31.12.22 Tolal funds Unrestricted futrkj Restric(ed fund Nol FIXED ASSETS Tangible assets 225 225 956 CURRENT A&SETS Debtors Cash at b&nk 44,180 6,967 44,180 98,791 22,565 126 527 91.824 51.147 91.824 142,971 149.092 CREI DITORS Aniounts falliiig due within Oj￿ year 10 (11.761) (11,761) 129,413) NET CURRENT ASSETS 131210 119679 TOTAL ASSETS LESS CURRENT LIABJLJTIES 39,611 91,824 131.435 120.635 NET A&SETS 39,611 91.824 131,435 120 635 FUNDS Umrstrftcted fithds Restrleted fi211ds 39,611 28,811 TOTAL FUNDS 131435 120635 The rinaneial staements were approved by the Board of Trustees alld authorised for issue on . and were signed on its behalf by: Trnstee The llo￿ fom) part of these fu)ancial ststcmcnts PaB¢ 5 St. John the Ev#ngeiist Nottino Hlll Notes to the Financial Statements ftsi. tlie Year Ended 31 December 2023 ACCOUNTING POLICILS Basis of preparlii¥ tlie finaiicial Jt#tetllents The fjnancial siatemenls of the cjharity. wliich is a public I￿erIt entity under FRS 102, have been prepared irt accordance iviih the Cl)2rities SORP IFRS 102) 'Accounling and Re￿rt￿n8 by Charitie5.' Stateniuit of Rccomniertded Practicc applieable to charities preparing theii. 2CCOUDts in aeeordance with the Fiiiancial Reporting Standard applicable in the UK and Rewblic of Ireland (FRS 102) {effective l Jat)uary 2019}', Financial Reportin8 Standard 102 Yhe FinaDCi31 ReEMTrrtittg Standard applicable in the UK and Republic of Treland, and the Charities Act 201 R. Th¢ fthancial statejnents have been pr¢pai"ed under tlie l)istoiical cost convention. In¢0￿)e All income is recognised in the Stat¢rn¢tkt of Financial Activilies once the charity bas entitlement to tile fijnds, it is probable that the income will k r￿1Ved and the amount can b¢ llMurtyJ reliably, Expenditure Liabilities are Tecognised as expenditure &$ soon as thtte is a legal or con5tsuctive obligation Committing the charity to that expenditure, it is probable that a trdnsfer of economic benefits will be irquired in settlement and tlie ainount of tlic obligation ¢aft be measured reliably. Expenditure is accounted for on an aecrnal$ basis aod has beeii cl&&sified under headings that aggregat¢ all cast related to the ca￿Ory. Where cosi$ cannoi be diwily attributed to particular hfadings they hav¢ be¢n #llocated to activities on a basis eonsistenl with th¢ use of JESources. TAnglble fixed assets TangFible fixed a&%ets are capit&lised if they can be us¢d for more tlian one year, and cost at least £l,(KK>. They are valued al cosl or els4 for <s-in-kind. al 8 reasonable esiitDat¢ of their ¢)pern tllarket value on receipt. D¢prteiation is calculated 10 wriie off the capit2lized eost of r￿ed assets leu their currentiy anticipated residual fair value over their estimarcd llseful lives fts follows-. Plani and machinery- 250/0 on cost Fixtures and fittings- 25°A on cos¢ otyice equip[T￿)1- 25(/*• on c(tsi Coiiseei'ated benefice property In so far as Cons￿ated and benefjce propcrty of any kind is excluded from the statutory definttion of 'cliarity' by Sectiott 10(2Xa) and Ic) of thc Charities A¢f 2011 su¢l) asseAs are llot capitalised ill Ihe fillaDcial Sts￿Le￿ts. rixatlon The eharity is exemipt from tax on its charitable a¢livities. Fund accounting Uniesrricted funds &*n ￿ used in Accoijlancc with chxtitable objettivts at the discretion of the ttust¢£8. Re8irieted fulld$ eall only be used for particular restiicted PUryK>ses witbin tlie objects of the charity. Re8trietsons ttrise whcn 8pe¢ified by the donor or whcn fullds ore iaised for parttcular r￿tric￿d PU￿05eS. Fw'ther explgnaLÈon of the n&￿re and purpose of each fiEnd is Allcluded in the notes to the financial statem¢nts. ge6 contii)u¢d... St. Jolin the Evangelist Notting Hill Notes to tlie fiinantial Statements- eontiAued foy the Ve*r Eiided JI December 2023 OTHER TRADING ACTIVITILS 31.12.23 31.12.22 Fundiaising income 5.534 INVFSTIIAENT INCOME 31.12.23 31.12.22 Inter&8t incom¢ TRUSTEES, REMUNERATiof4 AND BENEFrrs There were no tnjstees, remunerdtion or other benefits for the year ended 31 December 2023 nor for the year ended 31 December 2022. Trustees, expenses TlieiE were no irnstees. exp¢nses paid for th¢ y￿r en(led 31 D¢¢ember2023 nor for d)e year ended 31 December 2022. STAfill COSTS 31.12.23 31.12.22 Wages and salaries Th¢ average moiidily numkr of ￿nplOY£￿ (rounded up or down) during the yw was as follows.. 31.12.23 31.12.22 a)ui'ch activities No ¢rnployecs receivcd c1]￿lu￿)ertts in excels of £60.(M)O. COMPARA TJVES FOR THE STATEMENT OF FINANCIAL AcrtVlTIFS Unrestricred nd Restricted fund Total fujids INCOME AND ENDOWM&f+lTS FROM Doiialions and legacies 147.191 147,191 ChAI'liable actlvities aiurch Activities 184.640 184.640 Otber trading activÉties Investtiient income 4276 1.445 4,276 Total 337.552 337 552 EXTENDITURE ON Raising ￿ndS 5,131 Charltable gctlvities Chureh Activities 336,297 336,297 Page 7 conlii)ued.. bt. Jolijj tbe Evaiigellst NDttin¥ Hlll Notes to the Financial Stxtements- coThtl#ued roi. the Year Elided 31 December 2023 COMPARATIVES FOR THE STATEMENT OF FINANCIAL AcfiviTlKS- eontliiued Unrestricted Resrincted fund fLind To(al fi]nds Totsl J41428 341428 Ir4COMFJ(EXPENDITURE) {3,876) (3,876) RECONCILIATION OF FUNDS Total funds brought foiward 32.687 91,824 124.511 TOTAL FUNDS CARRIED FORWARD 120 635 EXTRAORDINARY ITEM In 2022 the Trnstees identified that an employec h&s undertakeA a b)umber of fraudulent byns8Ctions. Tile matter was Irported to bo¢li the Metropolitaft Poliee and tlie Charity Cornmission. After an insurance claim, a nel amount of £6,813 iv&s recognised as an extraordinary expel￿ ID the 2022 financial stateinents. Subsequen¢ to the idenlificarion, the Tn]stees took steps to instigate controls. Reference wa5 made in th¢ 2022 accounts to tl)e pos$iblc rtt¢ipt of fijrther compensaiion l￿Wever, none h&8 been received in 2023 and it is not expected that any ￿rtI)er eompensatiort will be received. TANGIBLE FIXED ASSETS FiX￿re5 Computer equipm￿* riltings Totsl5 COST At l January 2023 and 31 December 2023 DEPRECLATION At l January 2023 Charge for year 13.439 4,215 7Jl 17,654 731 At 31 Decetnber 2023 4.946 NEI T BOOK VALUK Al 31 Dece¥nber 2023 225 225 Ai 31 DeKember 2022 956 956 Con5eci*tetl pi'operty And tsloveable church furiiishings Consecrated and i)eneficial propeity of any kind ts excluded frorn the accounts by Sectioll 10(2K¢} of tlie Charilies Act 2011. Moveable church furnisbings held by the Vicar and Chuwhwardens on 8p¢cial trnst for ￿e PCC, and which require & faculty foi. dksposal. ar¢ occounted as inalienable property vnless consecrated. They ale Eisted ID the cliurcli's inventory, wlii¢li can be ill5P￿ted (at any reasottable tin)e). For i¥Lalienable PrO￿rtY Ilierc is insufficient wst infomtstioii available. and dKrefor¢ such tt￿ets are not valued in the accounts. All expeiiditure ott consecrated or beneficial buildirt8S and moveAble fijrnisliings. wheth￿. tllaintenance or impi'oveinerni is written off. Page 8 iitittued... St. John the Evangelist Notting Hill Notes to the FiThallcig1 StAtements- contlnued foi. tlie VeAI' Ended 31 Deeembev 2023 TANGIBLE FIXED ASSETS- ￿ntinUed No 25 Ladbrokc Road. London Wl13PD is thc CUiTcni parsonage ￿)USe for the parish of Sl John. Notting Hill. This PlDperty is owned by the Di￿eSe of IA)ndon and adminiSte￿d by its Parsonage Board. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 31.12.23 31.12.22 Trade Debtors Othei. Debtors Prepayments 13.723 18,690 3.875 19.L80 io. CREDITORS: AMOiINTS FALLING DUE WITHIN ONE YEAR 31.12.23 31.12.22 Trode clediio Taxatioii alid social s¢curity Other creditors 7,998 1.451 7.634 2267 11.761 29,413 ii. MOVEMENT IN FUNDS Nel movement ii) fui)ds At 31.19 23 At 1.1.23 Lnyesti-ltted funds Gejieral tUi)d 28.811 10,8 39,611 Restricted funds Resliicied fund 91.824 91,824 TOTAL FUNDS 120,635 131435 N¢1 movement in funds, included in the above are &8 fdiows- Incoming Resources expended Movement in fiinds Unrestricted funds General fund 362.229 (351.429) 10,800 TOTAL FUNDS 362.229 351.429) Page 9 coiItLJlUCd... St..lolin tli¢ Evangelkst NotliDg Hill Notes to the F1112ncial Stateinents- continued foi. the YeAr Elided 3A December 2023 ii. MOVEMENT IN FUNDS- coRtlnlled CoMpar•t1v￿ for lliovement In fuods Net Inovelnent in fund. At 31.12.22 At 1.1.22 Uni'e$th.Icted funds G¢￿e￿I fund 32,687 {3,876) 28,811 Restillcted funds ReslTlCted fund 91.824 91,824 TOTAL FUNDS 124.511 3.876) 120,635 Comparative uet moven)enl in funds. ittclud￿ in the above are as follows: Jncoining R¢sources expended Movement in funds Unre5triEted fund$ Generdl fund 337.552 {341.428) (3,870 TOTAL FUNDS 337.552 341.428) 3.876) A current year 12 ntontl)s and prior yetr 12 months combit)ed y)sition is ￿ follows". Net movement in fuT]d8 At 31.12.23 At 1.1.22 Unrestrleted Geiieial futtd 32,687 6,924 39.611 Re$tricéed funds Resti'icted fund 91.824 91.824 TOTAL FUNDS 124,511 6,924 131.435 A CUTrent ye8r 12 [nOnt￿ And prior year E2 months a)mbined Del movenient in funds, included in the aix)ve are as follows.. Incoming Resources resouLftt expeuded Mov¢m¢nt in funds Uni'esti.l¢ted funds Geneyal fund 699.781 (692,857) 6,924 TOTAL FUNDS 699.781 692 857 6,924 Page 10 ¢oi)tiiwed... Sl. Jolin the Evaiigellst f4ottlnE Hill Notes to the Fin&nei#l Statements- eont1n￿ed foi. the Year Ended 31 December 2023 12. RELA TED PARTY DISCLOSURES There were no related party trallsactions for the year e￿Ie￿ 31 Deeetnber 2023. P￿ClI St. Jolin the Evangeilst Nottlng Hill Detalled St2tement of Fingn¢i21 ActlVLtles foi. tlie Yeai. Ended 31 Decembei. 2023 31.12.23 31.12.22 INCOME AND ENDOWMENTS Doijfitloiis and legae4es Regular Giving Gift aid reeoverable Legacieg and doi)81iong 127,SJ I 23,192 93,089 15,305 192,049 147,191 Otljei. trading #ctivities riindraising incoine 5,534 4,276 Investment Income Itlteiist incomc 6,334 1.445 Charl(able activities Siaiiitoiy Fees SuAdty ineome PIEinises lertings Coronation giittt Filipino Chaplaincy 2.451 4.833 62 151,888 137,716 1,2(10 158 312 Total ineomiihg reJour¢ 362J29 357,552 EXPENDITUR& Ralslng doDatlons and legA¢les Trading eosts 7.181 5.131 Cli#i'it3ble activities Wag Assislaiit CleL'8y Visiiing clei-gy Vicar expcn5C3 Common flind Filipino Chaplaincy Liturgical & vestments costs Miisic Costs Extern81 events COSt$ Donations made- Oub￿#￿7$ 39,334 11,490 29 3,877 83.950 15,517 2,288 30,730 ,572 10,251 33,486 38.764 24,851 36,775 7,704 866 292 341.776 60,051 10,746 3,565 66,000 36,519 3.654 28,611 2,000 19.205 24,408 36,685 16.084 10.588 8,465 913 659 328,153 Repair and mAiJileiiaE)ce Offi¢e/Genci'al Adininistratkve ProfessionAI fees li?suJince Baftk clrdiges Siindi'y expe[￿e$ Carried fotivard Tliis page does not fonn port of the ststutory financial stalenknts Page 12 St. Jtshll IhL Ey*iig¢list Nottlng Hill Detailed StAteinent of Fillaneial Activities for the Yeai. Ended 31 Deeember 2023 31.12.23 31.12.22 Charltable ac¢lvltle5 Bmught forward Depi'eciaiioii of Coillputrr equipment Extraordinaiy items 341,776 732 328,153 731 342.508 335,697 Suppoi't costs Goveriisnce costs Indctudent examinel's fee 1,740 600 Total resources expellded 341428 Net Incoinel{expelldlture) 10,800 This page d￿$ not forni part of the statutory financial stateEnents Page 13