## St George’s Church, Campden Hill _Annual Report 2021_ 





**St George’s Church, Campden Hill ANNUAL REPORT FOR THE YEAR ENDED 31 DECEMBER 2021** 

## **Administrative Information** 

St George’s Church is situated on Campden Hill, Kensington, in a United Benefice with St John the Baptist Church. It is part of the Church of England and is in the Diocese of London.  The correspondence address is St George’s Parish Office, Aubrey Walk, London W8 7JG. The Parochial Church Council constitutes a charity; its registered charity number is 1131866. The PCC members who have served from May 2021 until the date this report was approved were: 

The Revd Dr James Heard        Chair The Revd Neil Traynor Associate Priest The Revd Peter Wolton Associate Priest The Revd Dana English Associate Priest Clare Heard LLM & Deanery Synod Rep. Bill James Churchwarden & Deanery Synod Rep. Guy Ranawake Churchwarden David Buckley Hon. Treasurer Rob Waddington Hon. Secretary Howard Evans Diocesan Synod until 31[st] July 2021 Natasha Tahta Safeguarding, Deanery Synod Rep. Fiona Lindblom Joy Puritz Janet Lloyd Richard Nicholls Tilly Culme-Seymour Liz Dawson 

## **Structure, governance and management** 

The Churchwardens are as set out in the Churchwardens Measure 2001 and are _ex officio_ members of the PCC. The PCC members are elected as set out in the Church Representation Rules.  All Church attendees are encouraged to register on the Electoral Roll. 

## **Public benefit statement** 

The trustees confirm that they have complied with the duty in section 4 of the Charities Act 2011 to have due regard to the Charity Commission’s general guidance on public benefit, “Charities and Public Benefit”. 

## **Objectives and Activities** 

The PCC is responsible for co-operating with the Vicar in promoting within the ecclesiastical parish the whole mission of the Church: pastoral, evangelistic, social and ecumenical.  The PCC also has maintenance responsibilities for St George’s Church, its vicarage and the surrounding land. 

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## **Worship and Sacramental Care** 

The Parish Eucharist is the principal act of worship offered by the parish. It is celebrated week by week in accordance with the apostles’ teaching and fellowship in the breaking of bread and prayer (Acts 2:42).  The PCC is grateful to the sidespeople, readers and to all who contribute in many other ways to the life and worship offered to God by this parish. This year we conducted four baptisms, four funerals /memorials and three weddings/blessings. 

## **Pastoral and social care** 

Pastoral and social care of the parish continues to be shared by the ministry team and several pastoral visitors. Pastoral care is also exercised through such activities as the lunch club. This team make regular ‘phone calls and visits in the parish. 

## **Ministry with children and young people** 

The work of the parish with young people has been overseen by Revd Dana English and Clare Heard.  There are roughly 22 families on our updated roster actively participating in this area of the congregation’s life, in both teaching and worship. However, there has been a shift in attendance among families, also seen nationally, with most able to attend monthly. This is a challenge in providing weekly Sunday School. It is something to grapple with in the coming months. Fr Peter and Natasha Tahta are the designated safeguarding officers for our Benefice. 

## **Evangelisation** 

St George’s is committed to the Gospel imperative to ‘make disciples of all the nations; baptising them in the name of the Father and of the Son and of the Holy Spirit’ (Matthew 28:19), and to rising in future to the challenge of engagement in active evangelisation amongst all the peoples of the parish it serves. The Exploring Faith evenings continue with a variety of courses discovering together the richness of the Christian faith, welcoming others who are new to faith and also some non-churchgoers. 

## **Ecumenical links** 

As a modern catholic parish of the Church of England, St George’s Church honours the Lord’s High Priestly prayer that all Christians may be one as he and the Father are one (John 17:21), and seeks to foster its local relationship with Christians of the great communions of East and West in furtherance of the full and organic unity of the Church. To this end we play our part in the membership of the Kensington Council of Churches. 

## **Review of the year** 

The PCC met four times during the year on Zoom. A revised electoral roll was drawn up in advance of this Annual Parochial Church Meeting. There are currently 162 people on the electoral roll. 

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## **Vicar’s Report,** _by James Heard_ 

Reflecting upon 2021, I had thought we would be well past the Covid pandemic. That certainly wasn’t the case. But it was good to have made a gradual move to in-person worship for Holy Week and Easter, whilst keeping necessary restrictions in place. One of the effects of these was that, because local schools were unable to host polling stations for the local elections, both St George’s and St John’s were able to accommodate these. 


Two Exploring Faith courses were held in 2021, both online. I am grateful to Lindsay Fulcher for organising the Lenten course, which included talks on five colourful miniatures, from a 12th-century manuscript entitled _Vita Christi_ (Life of Christ). The next course included five sessions reflecting on the Nicene Creed. 

It was wonderful to join Lindsay to become a Licensed Lay Minister, with a special service at St John’s Ealing, following the two year St Edmund’s Course for Christian Studies. 

Following a year of planning and getting permissions, Faculty was granted, and we launched the St George’s Community Appeal to raise £167,000 to renovate the church and community space. Both church and local community were incredibly generous, including a £14,000 donation from RBKC City Living Local Life fund. Thank you all for your generosity. The works started at the end of 2021 and are almost complete, making such a difference. 

In October and November, we revisited our Mission Action Plan, put on hold because of Covid. The Revd Jonathan Rust, the Kensington Area Director of Mission Development, helped us think about who we are, what we could celebrate, what might be missing, and what we aspired to be. 

In addition, the London Diocese launched Capital Vision 2030 which focuses on three areas: 


to be _**Confident Disciples**_ , _**Compassionate Communities**_ and to seek _**Creative Growth**_ . We considered how we might relate this diocesan vision to our specific local context and found many links. Instead of the Diocesan pyramid representation, which was rather topdown and hierarchical, I am grateful to St John’s Notting Hill for the design to the left. As you will see, it is focussed on the love of God in Christ and surrounded by prayer and worship. 

During these discussions, we had a strong sense for the need to focus on four particular areas: 

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## 1. Growing in spiritual depth 

2. Growing in service 

3. Growing younger 

4. Growing in resources 

We were reminded that vision without action is simply daydreaming! So as I commend this MAP to you, please prayerfully consider playing your part in making it a reality. We will be revisiting the MAP at each PCC meeting in the coming years. 

I am into the second year of being Area Dean, and this brings wider responsibilities that can be rather time consuming. It includes organising Deanery Synods, Clergy Chapter meetings, visitations to parishes, interviewing for new vicars, attendance at Kensington Area Leadership meetings and Kensington Area Council, amongst other things. 

My sincere thanks to my clergy colleagues with whom it is just a joy to minister. And for the support and encouragement of the churchwardens: Guy Ranawake and Bill James at St George’s, and Lindsay Fulcher and Kate Cullinan at St John’s, as well as to Victoria O’Neill, our Office Manager, who does so much of the important but unseen work of the parish. 



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**Churchwardens’ Report,** _by Guy Ranawake and Bill James_ The Year 2021 saw the transition out of the COVID-19 pandemic both at home and abroad, including within our own United Benefice.  We were delighted to restart live services at St George’s on Mothering Sunday in March when we reopened the church to our congregation, offering a combination of realtime and online live stream services. 


The ministry team led by Fr James and supported by Fr Neil, Fr Peter and Revd Dana continued to be both resilient and creative in adapting to the fast changing circumstances, offering a comprehensive and fulfilling range of services and courses, including the Exploring Faith Course, the Lenten talks, the Bible Study group, the Young Adults group as well as the Launde Abbey retreat. 

The PCC (consisting of the clergy, churchwardens and representatives of the laity) met four times since the last APCM held in May 2021, while the Joint Churchwardens (Standing Committee) meetings have taken place as required. The St George’s Churchwardens remain Bill James and Guy Ranawake performing a number of different duties, including (i) representing the laity with the support of the PCC, (ii) co-operating with the ministry team, (iii) maintaining order and peace in the church and the churchyard in particular during services, and (iv) being legally responsible for all the property and movable goods belonging to the parish church. 

Of these four tasks, the last has been most resource-consuming in 2021.  As you will all know, the refurbishment of St George’s, the largest building work project for over 25 years, commenced this year, having obtained faculty (i.e. permission) in April. The three main development areas of the refurbishment programme are: 

- Repainting of the interior, including a new decorative scheme for the chancel ceiling; 

- Reducing our carbon footprint with a new LED lighting scheme in the church and community space; and 

- Re-ordering of the transept chapel for smaller weekday worship, to include a new altar, credence table, and the reinstallation of three stained glass windows currently in storage. 

The refurbishment programme is progressing well and is expected to be largely completed by this Easter 2022. The associated Development Appeal has raised ca. £175,000 of the total cost of the development of £200,000 (excluding VAT) driven by the excellent fundraising campaign led by Fr James and supported in particular by Jenny Davenport, Marina Abel Smith, David Buckley and Janet Lloyd.  The Churchwardens would like to thank all those who have donated to the Development Appeal to make the refurbishment programme possible. 

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## **Barlow House Update** 

As many of you know St George’s has for some years owned a three bedroom flat at Barlow House in North Kensington. It is let out through Notting Hill Genesis (formerly The Notting Hill Housing Trust) to families that are socially disadvantaged. 

The church has owned this property for about 15 years. Inevitably after such a period of time along with a fairly regular turnover of tenants, we have recently needed to undertake an upgrade of the entire flat. A new kitchen was fitted in the summer of 2021, and a further comprehensive round of improvements was made when the flat became free in January 2022. Among other things we addressed a long-standing damp problem, and ensured the flat is fully compliant with the new list of post Grenfell safety measures that NHG are implementing on all the properties they administer. 

We are very grateful to those member of the laity, including Janie Spring, Lou Jones and Richard Nicholl, who have volunteered to act as sidesmen via the newly-established online Rota system to assist the Churchwardens with maintaining order and peace in the church and churchyard. In addition, we would like to thank Lou Jones (Readings), Janet Lloyd (Intercessions), and Joanna and Nigel Allsop (Refreshments) for stepping in to manage the rota for the various other elements of the Sunday service. 

Finally, the church garden continues to be much admired not only by our community but by local residents and many other visitors all year round. This is entirely down to the tireless work and dedication of Graham Franklin to whom we as ever extend our deepest thanks. 



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## **Assistant Priests’ Annual Report** 

## _Fr Peter Wolton_ 

As I write this in Lent 2022, looking back on the last year of 2021 is something of a blur. When did lockdown start and finish and restart again? In spite of the difficulties created by the pandemic, Fr James and Neil have kept the life of the Benefice moving forward and new ways of doing things have been found. 

One innovation has been to hold a 10 o’clock morning service on both Christmas and Easter Days at St John’s, partly to ensure that St George’s was not overcrowded at a time of social distancing. It has also cemented the programme of breathing new life into St John’s without taking away from St George’s. 

We were unable to run a full series of “Why me?” talks in 2021 but we did ask our beloved parishioner Mick May whether he would do one on Zoom as he had been meant to in 2020. This can be found on YouTube at our service on 21 February 2021. 

The lifting of restrictions at the end of June allowed full-scale weddings to go ahead once again. I was privileged to take a wedding in Norfolk in early July and also my first wedding at St George’s in August of Robin Kelly and Louise Gunhouse who live in the parish. I find these occasions such a joy to officiate, and the Pre-marriage Course, which is the creation of Nicky and Sila Lee from Holy Trinity Brompton, a real blessing. As part of the preparation for the big day it enables me and the couple to get to know one another ahead of the ceremony, creating a bond between celebrant and those getting married. The course is full of wisdom and in many respects could be called a relationship course, as what it teaches has such relevance to life in general and how we relate to others. 

During 2021 I have also participated in a review of the role of self-supporting ministers in the Diocese of London. Our work has identified that the term “self-supporting minister” or SSM is poorly understood. Dana and I are SSMs which means we are both voluntary and fully qualified ministers. I think it is fair to say we are very happy with our assistant roles, being there to support our stipendiary full time clergy, James and Neil. 

Bishop Sarah of London herself originally was ordained as an SSM before becoming a fulltime member of the clergy, and she is very keen that more people come forward to be SSMs. I find it a wonderfully rewarding role. I very much hope some of our congregation might one day, hopefully in the not too distant future, consider whether they too are being called to be SSMs. 

Can I finish by saying how grateful I am to James and Neil for their leadership. It is a joy to be part of the ministry team at the Benefice, a team that includes my colleagues Dana and Clare, and now we have been joined by Lindsay who was appointed a Licensed Lay Minister in the summer of 2022. Our congregations are a source of constant encouragement, and my sense is this enables the work of the Holy Spirit to advance in Holland Park. 

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## _Revd Neil Traynor_ 

It has once more been a great joy and privilege to be in the United Benefice, and to be mostly focussed at St John’s.  Colleagues are very generous in going along with the liturgy, and, although we’ve not been fully back to normal in 2021, our services are feeling more like they used to, and numbers at both churches are stable or rising:  a change from many other parishes around the country. 

As will be seen in other reports, St John’s is continuing to thrive. Opening up to the community, encouraging music and welcoming 


visitors into the church are all paying benefits.  Whilst there have been some challenges: flooding in the crypt, continued loss of income, the positives have far outweighed the negatives.  Music has been at the heart of our growth, and particular thanks are due to Mark Denza, Marina Abel Smith and Toby Ward for their hard work. 

St John’s is starting to become known as a good concert venue, and we’re slowly building up the number of concerts and other events we host.  This is starting to have a positive effect on our finances, but it’s still a challenging environment for actors and musicians, and many venues are still seeing smaller audience figures.  In this context, we’re doing particularly well. 

The outstanding event was, of course, the Museum of the Moon, for which see Kate’s full report elsewhere.  This has been key to raising our profile in the local community and around the world, and it was a pleasure to work so closely with the Royal Borough of Kensington and Chelsea.  The event couldn’t have worked without the hundreds of volunteer hours, and the success of the event was due as much to their welcoming attitude as to anything else. 

2021 also saw the establishment of the St John’s Holland Road Trust to enable legacies (including property) and donations to go directly towards the work and ministry of St John’s.  The trust has been arranged in such a way that it can receive restricted donations for St George’s also.  During the year Jamie Priestley expended much energy in getting our direct giving machine into St John’s.  It felt much more difficult than it should, but from 2022 it is already showing a positive effect on giving. 

Thank you to everyone, and particularly James, Peter Dana and Victoria, Lindsay and Kate,  without whose support St John’s would not be the thriving place it is today.  The many people who volunteer during the week or in services all make St John’s the special place it is; thank you for all you have done and continue to do. 


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## _The Revd Dana English_ 

I continue to be conscious of the privilege of participating in the leading of daily prayer as well as the leading of worship and preaching on Sundays, in rotation with the other three clergy. Occasionally I help to cover for other churches as needed. 

_**The Weekly Bible Study**_ A high point of my week is preparing for and leading the Wednesday study of the Bible in the company of about fourteen committed members of the parish: we began our study of Genesis two years ago and will finish our study of the Psalms in Holy Week. Diverting ourselves to Isaiah during the season of Advent, we will now pursue a more or less straightforward order through the Old Testament, as that was the consensus of the group—knowing much less about the Old than the New, that we would begin there! 

_**The Young Adults’ Group**_ The young adults’ group of the Benefice has grown to number eight persons who have made a commitment not only to dinners at Dana’s and picnics in Hyde Park (how we carried the group through the pandemic) but to regular study of the Bible. Meeting, usually, every other Tuesday evening on Zoom, the group has studied the books of I and II Thessalonians, Revelation, Hebrews, and Isaiah. A challenge to create such a group in a large and transient city, worship at St John’s has also been the meeting place for deepening friendships. We have persons from China, Greece, Sri Lanka, the U. S., and Italy! 

_**Annual Retreat at Launde Abbey, Leicestershire**_ Our second congregational weekend at Launde Abbey was held November 12th-14th. On the theme of _Pondering the Mystery of the Incarnation_ as we prepared for the season of Advent, we had twenty people attend, a cross-section of the congregation, including two parishioners over 85 and two of age twenty-two! Having been to Launde for the first time the year before, we were much more familiar with the rhythms of the place and were able to make better use of all it had to offer. With a resident clergy staff for services in the chapel there, beautiful countryside surrounding us, and excellent food/well-appointed rooms, everyone was delighted with our experience there; most have already signed up for our third retreat, November 25-27th, 2022. I led the retreat using poetry, music, and art from Jane Williams’s book, _The Art of Advent_ , with time for breaking up into small and different groups each time to discuss our responses to the presentations. A local conservationist led the entire group on a walk in the woods nearby that Saturday afternoon. We added the two services of compline at 9:30 p.m. on Friday and Saturday to end each day. 

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## _Lindsay Fulcher LLM_ 

I made sure that St John the Baptist was open every Monday and Thursday afternoon throughout 2021, when Lockdown rules allowed it. My thoughts were: if people can go to Tesco’s for essential shopping or to the park for daily exercise, then they should also be given the chance to come inside a church for essential, if not daily, prayer. A rota of two people was maintained throughout and I thank all of those (Rose, Kristin, Jenny and Joy) who came, and continue to come and sit in the church, on those two days of the week. While Zoom has literally been a Godsend during our two years affected by the pandemic, with one, two or three daily services (which I have led when asked to do so) sustaining the congregation, there is nothing like a live service and it was wonderful when they finally started again on 14 March. 

We also much appreciated the weekly Bible Study, led by Dana, and the Poetry Group, with readings from the sublime to the ridiculous, led by Neil. Both continue on Zoom. The Zoom Lent talks series on the Life of Christ focussing on illustrations from an illuminated manuscript. I gave the first of these on the Nativity followed by talks given by our four priests: Fr Neil on Baptism, Fr Peter on Temptation, Fr James on the Transfiguration and the Reverend Dana on Resurrection. In May we also studied the different Creeds which was most interesting. In December I organised a talk on the Annunciation as depicted in paintings, icons and frescoes entitled _Divine Love_ and given by Sarah Drummond who has written a book on the subject. As well as other concerts and other blockbuster events, I think it is important to have talks on art, literature and other subjects of interest as these give the church a well-rounded focus as a cultural hub. 

My visit to the HQ of the Victorian Society during the London Open House weekend in September paid off as I encouraged them to organise a trip to visit St John the Baptist, which they did a few months later. Their generous donations underlined how much they enjoyed their visit and appreciated our magnificent church. 

On 24 June (which also happens to be the Patronal Festival of St John the Baptist) I was finally licensed as a Lay Minister at St John’s Ealing. This had taken a few years but as the call refused to go away it had to happen! Preaching a sermon is a challenge, but one that I enjoy. I preached at St John the Baptist on Ash Wednesday and on Sunday 4 July, and at St James Norland and St Clement on 13 June, 27 June, 31 October, 28 November and on 12 December, as well as on the Feast of St Mary Magdalene at St John Notting Hill on 25 July. I have also assisted at five funerals but have yet to lead one myself. 


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**Children and Youth Ministries,** _Revd Dana English_ 

As at many other parish churches across England, St George’s has struggled to re-institute the Sunday school that had been in place before the coronavirus pandemic of 2020/21. We sent a questionnaire to all the families of the church in August, asking how frequently each family would be willing to make a commitment to come to St George’s for regular Sunday school. Not a single family answered that they would come each week. Patterns of attendance were broken during this time period that will be very hard to re-establish. The decision, for the time being, is to strengthen our efforts to provide a vibrant, inclusive, participatory All-Age service once a month, more often than before. On other given Sundays I have provided a teacher, or myself taught, when families have let me know ahead of time that they would be coming; the disruption of the redecoration of the interior of St George’s has made it difficult, however, to fashion a space for children’s teaching. I spend time getting to know new families who are coming to the church. We have a record number of baptisms requested in 2022, a sign of great hope for an increase in the numbers of children who might in the future begin to participate regularly in the life of the church. 

_**Older and Younger Youth**_ Clare Heard has led the group of perhaps a dozen older youth in a new focus: becoming an Eco-Church with ratings of Bronze, Silver and eventually Gold, through A Rocha, the one Christian environmentalist organization in England. The redecoration of the church has coincided with this new project, ensuring that the repair and better insulation of windows and LED lighting for the entire church helps to fulfil the many requirements for Eco-Church certification. The youth have helped survey the cleaning products used, and recycling bins have now been bought and positioned in a prominent position. Graham Franklin is coordinating efforts in the garden. 

I am coordinating the younger youth with the _Youth Ministry in Communion_ initiative led by Jacob Holme, the youth worker at St Andrew’s Church, Fulham. The YMiC steering committee has created three events per year for a larger group to gather together across Kensington as an alternative to the more evangelical models of large youth events. 4[th] July was the first event, on the grounds of All Saints’ Church, Fulham; we had nine of our youth attend, a successful afternoon there. The second was an evening event 


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at St Philip’s Earl’s Court Road on 17[th] October. Five of our youth attended: it was enjoyed by everyone. And the third was held at St Andrew’s Fulham on March 13th, including laser tag, an escape room, making pizza and decorating small glass panels as a gift to elderly persons. Fifty young persons attended from about eight churches. The next event will return to All Saints’ Fulham as an outdoor gathering on July 3rd. Our investment in this new initiative has been substantial, but rewarding. 

_**Confirmation**_ On 27[th] June St George’s had the pleasure of baptizing one adult and confirming seven other persons, one of whom was from St Mary the Boltons. Five young people had completed an extended series of confirmation classes, interrupted by the coronavirus pandemic. Sam Williams, Max Miller, Tallulah Bunce, Lara Tahta, and Phoebe James were our young people; Sam and Max have continued to be active as readers in services and in youth group activities. Lou Jones had never been confirmed; she will see her daughter baptised in June of 2022. Sandy Clark received the sacraments of baptism and confirmation on the same day. It was a joyful celebration of preparing together for this sacrament, over a longer period of time than anticipated. Later in the year I prepared three persons for confirmation at St Paul’s Cathedral on 6[th] November: Bea Bones, Maia Ferguson and her mother, Carole. We had met over a series of months to use the same excellent book for our study, Faith Confirmed: Preparing for Confirmation, by Peter Jackson. Seventysix candidates for confirmation were presented that Saturday, a festive occasion, with the Bishop of London preaching and presiding. 



## **Safeguarding Officer’s Report,** _by Natasha Tahta_ 

We have been slightly less restricted in our activities this year (2021) as Covid-19 restrictions were lifted intermittently, however very few activities involving vulnerable people could take place during this last year.  During the periods when the church has been open, safeguarding our vulnerable members of the congregation has taken place again by way of hand sanitising, mask wearing and following all relevant government guidance. Our usual safeguarding audit and report has been undertaken and more of our regular activities have started in the current year (2022). 

No safeguarding issues arose during or following any activities in the last year. 

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**Deanery Synod Report,** _by Sarah Tett, Deanery Lay Chair_ As restrictions from the Covid-19 pandemic eased, meetings of the Synod alternated between zoom and in-person events: 

- February’s meeting was on zoom and the Revd Jim Walters, chaplain to the London School of Economics, joined Synod to help members reflect theologically on the Covid-19 pandemic. 

- In June the Revd Emma Dinwiddy Smith kindly hosted Synod members for a summer garden party in the grounds of the St Mary Abbots Vicarage. 

- The normal Spring Common Fund meeting had once again been postponed to the autumn. This was to allow parishes to consider the impact of the pandemic on their parish finances before making their Common Fund offers for 2022. The Archdeacon led the meeting with Mary Spredbury, the Area Finance Adviser. Representatives from each parish shared how the pandemic had impacted their churches. 

- In November the Synod met in person at St John’s, Holland Road. A new standing committee of the Synod was elected and then the Revd Neil Traynor and Mark Cazalet, an artist and churchwarden at St Clement and St James, gave a presentation and chaired a discussion under the title ‘O Worship the Lord in the Beauty of Holiness: Towards an aesthetic of worship’. 

- Looking forward, meetings for 2022 will follow a theme from the Diocese’s Vision 2030 at each meeting. 



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## **Director of Music’s Report,** _by Andrew Wells_ 

The parish choir has continued to lead and enhance the worship with hymns and anthems at St George’s this past year.  A particular highlight was a rendition of Bruce Saylor’s lovely anthem ‘In the Spirit’ with harp accompaniment and solos provided by Cecily Beer for the Confirmation in June. 

As ever, many thanks to all who contribute to the musical life at St George’s. To our devoted parish choir (Joy Puritz, Jenny Thorn, Carol Stewart, Liz Oyler, Susan Shimonov and Angela Lascelles) for singing week by week.  To our youngsters for their musical contributions in the parish band (led by Jenny Thorn) for our harvest festival and the Christmas pageant and as solos through the year.  We always welcome vocal and instrumental talent across the ages to join in supporting the worship.  We also thank as always David Buckley for playing in my absence after Christmas and Easter and during August. 

The organ has given us good service with no major faults over the year. 

We are pleased to continue to host at St George’s the Kensington and Chelsea Music Society concerts throughout the year and the newly formed Aubrey Singers who now rehearse on Sunday evenings. 



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## **St George’s Church Lunch Club** 

During the early stages of lock-down we helped guests with information about shops that were doing deliveries. For a period of several weeks, we were also able to carry on a ‘lunch Club at a distance’ by delivering meals to many of our guests.  These were supplied, mostly free of charge, by Ffiona's restaurant, and Andrea of Portobello Restaurant.  We have also been telephoning many of our guests on a weekly basis in order to keep in touch. 

We had a cautious re-start on 23[rd] September with an afternoon tea. For Covid-safety reasons, we kept this small with a guest list made up of just those that we phone on a weekly basis. 

After many years of faithfully running the lunch club, Kit McAlister, Sara Yarwood and Mike Riggs have handed over the reins to others to take on the organising of the lunch club. We owe a huge debt of gratitude to them for doing such a brilliant job and helping with a smooth transition in 2022. 

Things might well change in the coming months, but we are very much committed to keeping this important work going. 



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**Treasurer’s Report for the year ending 31st December 2021** _by David Buckley_ 

The accounts attached to this report show the income and expenditure of St George’s during the year together with a balance sheet as at 31st December 2021. GMAK Services Limited (Chartered Accountants) has carried out an independent review and its statement is set out on page 2 of the accounts. 

The income of the Church derives principally from generous voluntary giving, income from its investments, and the rental of its space. During the year, the impact of Covid-19 continued to be felt across the Church’s various income and expenditure streams. In turn, we continued to focus on maintaining tight control over our costs, commensurate with our income. 

Throughout the year, the Church has continued to be supported by many very generous donors, and we are extremely grateful for this support. In September 2020 a highly successful fundraising campaign was launched to support the refurbishment of the interior of the Church. As at 31[st] December, a total of £158,609 had been raised for this purpose, with additional funds received during 2022 . 

Excluding the funds raised during the year to support the refurbishment project, voluntary giving decreased by 12% during 2021 from £97,650 in 2020 to £85,711 in 2021. During 2020 a number of one-off donations were made to support the Church during the early stages of Covid at a time when other sources of income had ceased. 

Investment income, which is derived principally from the Church’s investments in property (Barlow House), M&G Charifund (a conservatively managed fund for charities) and cash, increased by 21% during the year to £74,595. During 2020, most of the income from Barlow House was offset against the cost of essential maintenance works, and in 2021 this income stream was restored. 

Income generated from letting Church space increased during 2021 by 55% from £6,913 in 2020 to £10,740 in 2021. With the lockdown restrictions now lifted this situation continues to improve. 

Benign global investment markets during 2021 increased the unrealised value of the Church’s Charifund holding during the year by £41,044 to £347,837 during 2021, whilst the value of Barlow House increased during the year by £10,000 to £455,000. 

Our Common Fund contribution, which is the amount that St George’s has to pay the diocese to cover the salary and pensions of our clergy and the vicarage, together with a contribution to cover the costs of the clergy of other parishes who cannot afford to cover their own costs remained unchanged in 2021 at £96,089. 

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By retaining our Common Fund contribution at the same level as 2020, the PCC determined that St George’s should play its part in supporting other Churches in the Diocese who were less fortunate than ourselves. 

Total expenses for the Church decreased during the year by 11% from £244,907 in 2020 to £216,650 in 2021. In 2020, the expense figure included a one-off cost of £20,278 relating to the refurbishment of Barlow House which was not repeated during 2021. 

Excluding the funds raised in anticipation of the refurbishment works, the Church posted an operating surplus of £50 for the year, a remarkable achievement under the circumstances. If the funds raised for the refurbishment work are included, this translates to a surplus of £159,813 for the year. 

We have set ourselves the objective of achieving a modest operating surplus for St George’s on an ongoing basis, which is essential to increase reserves to meet any unforeseen expenditure and to ensure that the Church is able to continue to meet its charitable objectives. It is our intention to achieve this goal for St. George’s over the coming years. 

## **Reserves policy** 

St George’s holds in reserves a minimum of the equivalent of two months general running costs and an additional one month’s salary costs. It is also our policy to hold an amount for likely building works at the next quinquennial inspection. 


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**St George’s Campden Hill** Registered Charity number 1131866 office@hollandparkbenefice.org hollandparkbenefice.org 020 3602 9873 

19 



5t Gowue's Church, C4mpd•n HIM
arfty Ilo. 1131866
Tru5tse's Rtport •nd UMudit¢d Accounts
31 D•<ember 2021

St Geor8e'g Church. Campden IMII
Content$
P?Be5
Indep@ndent Emaminer's Roport
Statement of Flnanctal Attivltyey
8olanceShett
Natos tts Ehe A¢wunts
tlptailod Stutement ot Flnantlal Actlvlt
14tD15
Pa8e I

St GÉ¢)ry&'s Church, Campden Hlll
lTrd*pend**t E¥amln*rs Report
Independent ExarnlnÈt's Rgport to the trustee ot St Geor8•'s thurch, Cafflpl•n Mlll
I reporE 10 the trtsstee.s on my examlna£ion of the finan￿31 statements uf 5t George's Chur¢h, Carn￿en Hill
for thc year ended 31 Decemb&i 2021 which comprise the Statement of Fthanclal Activiti*s, tho Balance
She*tand the relat8d notes.
Resp(wltsilitl•s and b811s ol r*pNt
As the chailty'5 trustee yo¢J are responslble lor the preparnttgn of the fiTwncial Statements *0 accordanc•
with thè requifemeAts of tlie Chaiities Act 20111'the Act'l. The trustee conslders that an oudrt ly not requlred
for ttils yÈar undef the Charltles Ad 2011, s.1*14121 (the 2011 Actl ond that an Ind&pendent ex4mlnation Is
needed.
I report In respect ol my examlnatlon of the chartys flnancial statements tarrled out under sectlon 145 of
the 2011 Act ènd in Car￿￿8 tsut ihy examlnatlgn I have followed all the aP￿iCab￿ Dlrectlons %4ve￿ by the
Charity Commlsslon under sectton 14515llbl of th8 Act.
Indapondent •M•mlnrfs stst4m•nt
As the charfty'$ 8ros5 Intome exceeded £250,CW your ex&mlner must be a member ol a body Ilsted in
sertlon 145 ol thé 2011 Act. I conflrm thai i am qualined to Undertak*t￿ e¥8minatlon by bel￿ a uudlified
mernbEr of ICAEW.
I have ujmpleted my ex4rnlnailon. l ¢an Conflrrn that no materiaf matters hjve come tu my attantlon
onn•¢iSon wlth the examlnatlon 8fvlng me cause to belleve that In, any mareNal rtspert..
* the gccountln8 records w@re not kept In respect of the charfty as required by section 130 of the Art,. or
the financial 3taltmEnts do not accord wtth those records- or
the flnancial staternents do not tomply wlth the applluble requlrementsconcffnlng the fomi
contvnt of the Ilnandal %¢afements set out In the Charlties IAttounts 4nd Reports) R*8ulAtlons 2008
Other than 8ny reoulrement that the finandal stateTh*nts ¥￿ve a'true and falr, vlev4 whlch Is not a mattor
eonsldered as part of ai) Independent Examlnatlon.
I liavo no conceins 3nd have come acfQSS no other matters In connettion the ¢xamlnatlon to vthkh
ttentlon should bLTr drawn lo thls ￿pOrt In order to enable a propor understandlng of the Ilnandol
statements to be repched.
Aiigel& Ktistakis
GMAK Servlce5 l.td
42 Crescent Lan
London SW4 9PU
£oz£
Pal? 2

St George'x thutth, Cèmpdeo HIH
Stai¢m*nt of Flnamdal Attsvltles
for tha yèar *nded 31 Detember 2021
Uore5trkied RestrÉcted
fufid5
fund5
121
Z021
Total
nds
2021
Total
nds
2010
In¢om* #r¥d endo¥Jm•TrMs
frnm..
l)onatlon$ and le￿cl
Other tradlrw actlvltles
Investmenrs
Other operatlr¥g Income
IC47,028
160.422
260,450
4.850
85,335
25,1128
114,917
2,192
68,115
32.S55
85,335
25.828
Totil
216,041
160,422
376,463
217,779
EMPtndltur* on:
Chaflt¥ble activitles
other
131,184
84,807
659
1.51,843
&4,80'1
147,314
97,593
Total
215.991
659 216.650
Unr••115*d ￿1￿$1<5¢)$5¢$) on
Investments
Si,044
51,044 . (64,4N)I
Plet In¢om?Ilexp•ndltyY•l
Tr•nsfer5 btheen fund$
Ngt In￿me/{expendtsur•l
bofore other aalnslllossesl
51.094
159,763
210857
(91,5281
51.(84
159,763
210,857
191,5281
Other ylns And Iw•s
Not mov•ment In funds
$1,094
159,763
110,857
191,5281
R¢¢ondliatlon of lunds..
Tr)tal funds broughr forward
850.429
12.318
862,747
954,275
rots1 fuftds ¢arfl¢d lorward
L523
172,081 1.073,604
Page I

St G*tyy's ChL4rch, Cgmpd•n
Balènre She4t
at 31 D¥cember 2Q21
Charlty No. 1131B66
2021
zo
Flxed
Taiiglble assets
Investm?nts
io
li
802.83?
811.837
7SI.793
760,793
CuFT•nt Oswts
Debtors
Cash ot bank and In hand
12
4.418
260.505
4.4È0
99,23a
103,713
11,7591
101,954
862,747
862.747
Credltors.. Amount falllw dué wmhln one year
N•t wrr•nt *u•ts
13,1561
261,767
Total iJJets Itsj current Ilabllltl•s
Nat oM•ts •xdudlno p•nJlon •sJfrt or I1*￿Y
Total *•ts
1,073,604
1,073,604
862,747
Th& funds ol th• d￿rtty
He1￿cl¢d eunds
Restrlcted Income funds
14
172.081
12.318
Unr•#rlct•d ￿n￿3
General funds
Dosl8n•t¢d funds
14
275.149
626,374
224,055
636,374
901,523
850,429
Ris•rv•$
Totsl lund•
1.073,604
862.747
Approved lty the trustees on 03 Moy 2022
An
ned
thelr behalf by..
O.BU
Trusre
03 May 2022
Page 4

Sl GeorKe's Church, C8mpdell Hill
Ilotes tD the
for the year eftded 31 December 2021
l Accountln8 poll¢les
8a515 of Pfoparndoft
tananc5al ststements btrn wepared in actordanre wlth Statement of Rertsmmended Ptactiee:
Accountsftg and RepDrtln8 by Charr(les prepaflng thelr accotsnts in acrord3nce 4vlth th* FinandBI
RÈptsrtln8 Standaid applÉcable the UK ènd Republlc if Irel3ncJ IFRS IQ21 leffècttve l January 2019 and
the Charftles Aci 2011. The chartty is a Publlc Be￿rrI Entity as definpd l)y FRSIO2.
C￿￿8￿ In bwli of aK0untF￿ orto pro¥louJ •cc4unts
rhere ha3 been no change to the accountlng pollc6es Ivaluation fules aThJ meth(Kl of accountlngl since
last year and fto changes have been matse to accounts for previrAJS years.
Fund atcountlnB
Unrestricted funds
rho5e are avaIla￿t for use at the dlsuetlon of the trustees In lurtFwranco of the
Bqneral oblÈcts olthe charlty.
Deslgnateil fuod5
These are tsnrestricted funds eam)arked by the trus1￿$ lor partlcular purpos8S.
Revaluatlon fttnds These 3re unrestdrtvd funds which include a revaluatlon reserve represerttlng thé
r¢stètsment of Investment assets at thtlr niorket Values,
These arg avaIla￿t for use subjoct to r*strldlon5 lrnposed by th* donor or throii8h
t*rm5 of an appeal.
Restrlcted funds
In¢om•
Reto¥nit+on of
Income
Income Is Inclurled iii the Statement of Flnantlal Artlvltles ISOFAI wl)en the chadty
becomes enritted to, and virtually certaln to rece￿¢, tha Income and the amount of
the lrt¢om# ¢an bo meèsurod vlth sufflclent iellablllty.
Income wlth related Where Income has related eXPer￿ltUre the Income and related pypendllure Is
pendlture
reported 8rtrss In tht SOF
D(>nÈtlons ènd
legacles
Voluntory Income loce1￿d by way of 8rants, donadons and 81ft5 15 in¢luded In the
the SOFA when re£elvable and only when th2 th3rfty hag uncondltlonal
¢nfitlemert to the Income.
Tax feclalms on
Incame from t&X fedalms Is Indude<l In the SOFA at the sam* time as the
dondtlons and g1ft5 6IWdon31ion to whtch it rdatos.
Donated servrces
7he3e are only includefl In Incorne IwAth an equrvalent ¥mouftt Ir* expendlwrel
•nd IHcilltles
wheré the benefft to the Charfty Is ièasonabty quant1fiab￿. measurable and
mAtefial.
Volunteer help
Thè value ol anyyolurrteer help re¢eived15 not Induded In the a¢¢aunts.
Investmènt Income Th5s Is inctuded in the accounts when receivable.
Galnslllossesl t)n
ThLg Ind￿leS any galn or lo%5 rEsultJng from revaluln8 Inveslments to market value
revalu3tltsn tsf flx*d at the end of the year.
assets
Gains/llosse51 on
Investment assets
This Includès any galn or on the 53fe ol investmen
Page 5

St G•oT#P'S Church, C¥mpden
Notss to thè Atcounts
EX￿ndItuTe
Recognlt*on of
expendlture
Expentlltuie rs iètOBnised orE an accruals basls. Expenditure includes any VAT
which cannot be fvlly recovered. and is rewrted as part ofthè Éxper]ditUTe to
whSch It relate5.
Expenfl￿Ure on
These compr15e the costs assod4ted wlrh attractlng volurhtary incrjme, fvndralsln8
raisittg funds
tradln8 Costs and investment management costs.
Expenijituro on
These comprlse the cost5 incvrred by the Charity in the delivery of Its 2ctlvltles and
ch8dtsble activltles semces the lurther&*e of Its objects. indud%ng the mèkin6 of 6r8nts and
8ovemance costs.
All 8rant eyndltUiQ Is accounted for on an actual pald bas15 plus an accTug1 fDr
rants ihat have been approved by tnJ5tees at the end of the year but not vel
paid.
These Include those ¢05ts a$5wated wlth rneetln8 the constltutlonal and statutory
requirements ol the Ch4r*ty, Includkn6 ar7y aUd*tlindepehc￿nt exainlnatlon fèos,
costs Ilfikéd to the strdtegic mgna8emenrofthe Chartty. together wlth ) share ot
otheradmlnlstr3tlon costs.
Other expendlture These are 5UPPOrt Costs I￿t all(tsted to a partliul81 actlvity.
Giants payable
Governance costs
Golnc Conc¢m
At the time of approv6rtB the flnanclal 5tatem•nts the trustee5 have 8 rea50nabl
expectation that tlie ch41rlty ha5 adequate resources to continue in operatlonal
exlstence for the foreseeablo future. Yhetefgrè the trusfoes contlnuo to adopl the
8dn8 contom bJs15 In Prepar1￿ the tlnanclal staoments.
Toxatlon
Th* cha￿ty Is exLbmpt from t•x on fts tharltable activlttes.
Fr•ehold ltrMBim•nt prop¥ty
Investment propertles are measured Initlalty at cost arHI subsequentty at lJlr valve at ea¢h b#5•nce sheet
date and are not 5Sepreclated. AIS Ha5ns or10$5es are tsken to the Ststement ol Flnanclal Activltles as
they arlse.
Stprk15 included at the lower of cost or net reallsable valve. Oonated Items of stock are reco6nised at
falrvalue whlch15 the amount the ch8rtty would have beert wllllng to pay for the items on the open
market.
Tr•d• Bnd othpr dobtors
Trado and Ofher debtors are r4eo8rtlsod at the settlement amount du* after any trade discount offered.
Prepayments arE valvpd at the amount prepai¢J net of any trade discounts due.
Cash and cash •4uly4l•nts
Cash ?nd cash eoulyalents wmprist c05h at baTrk and on hand. demand deposiE5 wlth bank& and Dther
short.t¢rm hlghly liquld Investments with original malurftles of three months or less and bank
0v¢rdraft5. In the statement of lIna￿l81 po51tlon, bank overdrafts shown wthin borr4)wlng$ or
c(Irrent Ilablllties. In the Statement of Cash Flows, ￿5h and cash equlvalents are Shown nei of b4nk
ovwdrafts that ore repaYa￿e on demand aftd form arTr Integral part ofthe company's tash rftanilgtment.
Pa8e 6

St Geor8e'J Church, C8mpdÈn Hill
Note5 to the Accounts
Tr•de •nd other Credttors
Short temi ereditors are measured at the tr3n58Ction price. Other credltor5 and provislons are
recognised where th¥ chaflty has a present obligation resultin£ from a past event ihal wrll probabty
result IA the transfer of lund5' to 3 thlrd party 8nd the amount due to settle the obtl8atlon tan be
meèsuTed or estlmated rellably. Creditors and ￿m￿￿On5 are normally reco8nised at theli. sgitlement
amount after allowlrkg for any trade discnunts due.
R•Mafth and d¢vetopmtrMt
Expenditure on research and devèlopment lswrltten off In tht year whlch rt Is in¢4tffgd.
P•nslon costs
The charlty O￿TateS a defined contTtbution plan lor Its employees. A deflned cgntAbutlon plan Is a
&TenSI¢￿ plan unrJer whlth the cha¥lly pays fixed contribuUon5 into 8 5epbrate entity. Once the
contrlbutions have been paid the tharity has no further payments obllgations. The contrlbutlons are
reco8nl$ed Is Èxpense5 WI￿ they fall due. Amounts not pald aTr shown Sn a¢cruals In the baf4¢)ce sheet.
Thè 4$sets of the plan ttre held separately from th* ¢harty In Independentty 4dmlnlste¥od fund¥.
2 Stat•ment ol Fin•n¢lo1 Adlvlll•s. prlor y*af
ilnrnstrl¢tsd
tund$
2010
R•strtrt•d
fund$ 7¢tAI funds
2020
2010
In¢omo and •ndowm¢nts from:
Doiiatlon5 bnd 5egacles
Othertradlng a¢tivitie5
Invg$tm•nts
144,157
2,192
68,1
3,315
141.4Jl
2,192
8,115
Totsl
3,315
Exp•ndltyr* on..
ChBrSt&ble attlvftl•s
139,342
97,S93
7,972
147,314
97,593
Other
T4t*l
236,935
I64,4￿)
186,8711
7,972
Net g¥lns on Investments
164,40DI
14,6571 191,5281
P4•t Income
N•t kKom* belorn oth•r
186,8711
14,6571 191,5281
Othor yln$ g4nd In5SQS:
Ilet movement in funds
186A711
14,6571 191,5281
RKonclllatloA ollunds:
Total funds brou¥ht forward
rotsl lunds orrlqd t¢rward
937.3
16,975
954,275
850,429
12,318
862.Y47
Page 7

St Georle's Churth. tampden Hlll
Not*s to the Ac¢ounts
3 IACOMO f¥om donatlons #nd l•rdcles
VnreslTkted
Rextrlcted
Total
Total
20
Regulardonatiohs
Sundry donations
Income tax reccNerable
77.636
6,262
16,130
ICrf).02B
77,636
166,684
16.130
260,450
80,552
17,098
17,267
114,917
160,422
160.422
4 I￿OMe frllm tsth•rtradlnff
Unrotrirted
Tgtal
Total
2020
2021
3,219
1,631
4,850
3,229
1.631
4.850
38LI
Events
1,812
S InEoffl• from Investm•nts
Unr•sttlrt•d
Toi¥l
2021
Total
2020
Investrn¢ni Incon
Rent
38,S39
36.056
10,740
85.335
38,539
36,056
10,740
85,335
37,129
?4,073
6,913
Usi (rf¢hurch
6 Oth•r lTr¢om•
Uftrngtrlctrd
Totsl
io
Tutal
2020
Salary contrlbuvon
25R28
25,828
25,828
25,828
32.555
32,555
Pase 8

St Georye's Church, Campden Hlll
Notes to the Atcou￿ts
7 Expofiditure on charlt#blè •¢tlvftles
Unfestrkted
Aestrkthd
rotal
Totsl
2020
1021
Expendltureon chorltoble
cti¥itles
Ministry.. d5Dcesan common
frjnd, clEr8y exp4nses and
accommodation, Intwn
Church runnln8 and
malntènanre
Seryicesl$uhday
oollov4nts. muslc and
flowers
96.Cfj9
96.089
14,711
395
,ios
28,0114
11534
12,798
12,791
Governance costs
Independent examln8tyon
Professlonal fees
1,5rA)
6,350
131,184
1,500
6.GL¥)
147,314
659
8 Oth•r •#p•ndltur•
Tutal
2021
Investm&nt propEYty setvi¢e
¢h8r8es
Inv8stmént prop&rty rewirs
costs
2.324
2.324
1,494
20,278
Empl¢Jye* c05t5
Gttneral admini5tratlve costs
L•gal and profes￿On•t cost5
68.940
13,543
68,966
6,063
792
13.543
84,807
97,593
9 Stsff ¢osts
201D
54,957
2.3(70
11.709
Salarles and wage$
Soclal securrtv ¢0St¥
Pensson costs
54.B24
2,407
11,709
68,940
No employee received eIr￿lUments In exce$5 of £60,(K￿. Nune ofthe trustees or anyLTrne
connected wilh ihem recefved afty remunoratFon durfnu the year nor were they relmbursed
any expense.
Page g

St GeorR•'S thurth. C4rnpdM IUII
Noto$ tothe A¢¢ounts
10 Tanglble flxed 3ssets
(ost or re￿I￿at￿n
At l January 2021
At 31 Decernbor 2021
9.000
N*t book values
At 31 Decemb8r 2021
At 31 De¢ember 2020
9,(X)
11 Inywtments
Fre¢hold
OthET
Iny•stm•nt Investments
Property
- U5t•d
Totsl
Coxt or revaluatlon
At l January 2021
Revwluatlon
At 31 December 2021
N•t book v#lu¢s
At 31 December 2021
At 31 December 2020
445,QiX)
iO.IK
455,C(rf)
306,793
41,044
347,837
75L793
51,C¥
802037
4SS,I)00
445.(X)O
347,837
306.793
802.837
751,793
12 Oabtors
2021
2020
Yrade debt¢rs
Oth•r debtors
2,755
1,663
4,418
3￿80
600
4.480
13 Cr•dltots:
dmounts la115ng dut wlthln on• yèar
2011
2020
Trade £rodlt¢)rs
Other Credltors
A¢¢ruals
1,156
S9
2.000
1,7
1.759
Page IQ

St Geor8e's Churth, C*fflpden Hi#
Notii to th¢ A£count5
14 Movement In tunds
Incongn8
(Indud¢n%
At l Janupry
tsther
2021 8aths/lg•sesl
Resour
expende
At31
December
2011
H￿tr1thd funds..
Restrlctèd Incom• funds:
Chrlstlan Education
Flowers
Accomrnodalon SJ8
615hop ol London Fund
Lutt¢h dub
tlonation5 for 5pe£fflc
charltles
8ulldln8 Fund
CSSI120% Bapt15ml
3.165
S30
3.165
655
125
1801
13951
2,250
2,355
481
5A82
io
11841
297
164,491
108
Totol
12.318
150,422
16$91
172,081
Uw•$trtrted fvnds:
fj•neral fund%
224,055
Z67,085
1215,9911
275.149
O•$linated ftJnd*'
626,374
626.374
626.374
Totol
626,374
T•tsl fynds
15 Analysls ¢)1 n•t as$4ti b•tw•*n tunds
862,747
(216,6501 1,073,604
Unrojtrlrtod
lunds
Restrlrtod
fund5
Totsl
Flx*d assets
Investments
Net current asset$
9,OW
1502,837
172.082
261,767
172,(i82 1,073,6(%i
802,837
89.685
11

st GeoF8e'$ Chutch. Campden Hlll
Notes to A¢£ounts
16 Church Worker's P•nslon Fuml ICWPFI
The Parochlal Church Covndl of St George's CarRpden Hlll particlpates In the Btsilder Scheme
sertlon Df CWPF for lay stsff. The Scheme ts admlnlllèred by the Church of Englatid Pension5 Board.
whlch hold5 the assets of ihe sch¢mes separately fiom those olthe Étnployer 4nd the othew partlcip#tsn8
EmployerF.
The Chu￿￿ Workers Pens￿￿ Fund has & sectlon known as the Defined Beneffts Schème, a deferred
Innulty s¢ctlon known as Pen51on Bullder U•ssic arvts a cash balance section known as Pensloii Bullder
ioi
P•nth* bulld•r Sdwme
n)e Penslon Bulldèr scheme of the Church Workers Pènslon Fund Is made up ofhvo sertlon5, Penslon
Bullder Classic and Penslon Bullder 2014, both of whlrh a￿ classed as definèd benefit srheme5.
Pension BullderCl8sslc provlde$ a pension for member5 lor payrnerrt frgm retiiernent, accumulatèd from
contrlbutlon5 pald and CO￿ened into a deleryed aTrnvlty durlng employment ba*&d on terms Set and
revlewed by tho Chyith of England Pensions Boartl from time to tlme. 8￿uSe5 may also be declBred,
depend6n¥ upon the In¥estmnt rotUrnS Erther tsctors.
Pgnslon Bullder 201415 4 cash balance stheme that P￿￿deS B lump sum th•t membe¥s use to provlde
beneflts at fetirEmEnt. Penslon contrlbutlons are recorded Sn an a¢tount for each member. Thls account
may have bonvses added by the Board before retlrement. The bonuses depend on investsx(*i?t
experience ond othtr lacEof5. There is no rèqulfeinent for thè Boar(J to 8rant any bonuses, Th• dccount,
plus any bDnuses declawed. Is payable from membtts, Normal pen￿On Ale.
There 15 110 5ub.dMslon ol assets between em￿1)YerS In each sectlon of the Pen51vn Bullder Scheme.
The s¢hÈme Is ¢onsFd?red to be a multl*mployer 5th8me a5 descrlbed In Sttctlon 28 of FRS 102. Thls is
berause It Is not P0S51ble to attrlbuie the PE￿￿10n bullder Scheme's a55èts and Il•bllltles to speclflc
employe¢s and means thal contrlbutions ar£ aowunted for 85 If the Scheme were a doflned contrlbutlon
scheme. The perislons costs chof8ed to the SOFA In the year aro the tontributlons p3yable12021..
£11.709, £2020.. 11.7091.
A veluatlon of th¢ Pension 8￿Ider Scheme 15 carrled out once every three years. The most recent wos
chriled out as at 31 Decem￿1 201& A valuatlan a5 at 31 Oecember 2019 wa5 under way as at 31
Decem￿r 2020.
For the Pension 6ullder C1855it x¢tlon, the valvation revealed a defick of £14.2m on the onNoln
assumption5 used. At ihe most recent annval review. the Board ch¢)Ee not to gran¢ a discretloiiary b)nus,
Vdhich wlll hove artèd to Irnprove the lundlng position. There is no requirement foi d¢lltlt payments at
the cuffent time.
For thè Pension Builder 2014 section, the valuatlon révealed a 5uYplus of £1.8m on the on8oin8
a$5umptions used. There Is rto requlrement for defidt paym*￿ts utthE LIJTrwt time.
The lÈ¥al SErtsctvre ofthe Scheme l$stsch that if anotFÈr employei falls, The Parochlal Church Councll of
St Geor￿$ Campdon Plill could ljecome resp(￿￿￿ for paY[F￿ a share ofthal empjoyels pensldn
Page 12

St George's Chur¢h, Campden Hlll
Dttalled Statern¢nl of Flnafi¢lal Actlbtties
forthÈ y*ar ¢niled 31 De￿mber 2021
ilnrestrl¢ttd Restiiaed
funds
nd$ Tot*1 funrt$ Tot•[ fvnd$
2021
2021
2021
2020
Inwme and endowmèntsfrom:
Donatlons antl lesacies
Re8ular donations
Sundry donations
Income recuverabl
77.636
6.262
16,130
100.028
77,636
166,684
16,130
260.450
80,552
17.098
17,267
114,917
160.422
160,422
Other tr3dlvd artI￿tte5
Ml$¢ellaneous In¢ome
Events
3,219
1.631
4,850
3.219
1.631
4,85D
1,1112
2,192
Investmont$
Invostm¢Tht Incom8
Rent
Use of Ehurch
38539
36,056
10,740
85,335
38,539
36,056
10,74a
37.129
24,073
6.913
Other
Salary contrtbutlon
25.828
25,828
25.828
32,555
T¢tal lfjcom• and endowments
216.&11
160,422
376.463
217,779
Expendfture on:
Chèrildble artlvltle5
Mlnlstry.. dlocwn ￿mmOn fund.
clergy expenses and
3ccornmodatlon, intern
Church runnln8 and maintenan
Serylceslsunday 5Chodl•￿nts,
mu51c flowors
96.089
96,089
98,409
14.711
395
15,106
28,1114
12,534
264
12,798
12,791
123.334
659
123,993
139.214
Governance costs
Independent Exbmlnatlon
Professlon81 foe5
LSC#)
6,350
1,500
6,600
8,100
6,350
Total o*•Kpendlture on d>arltoble
cl1v￿(
13LIPA
659
131,843
147,314
Other ¢xpendf(Ufe
Investm&r*i property servé
charges
Investrnttnt property repalrs
osts
1324
2.324
1,494
2Q,2Y8
Pa8e 13

St George's Chvrth, Campdèn Fllll
Detsiled Ststsmgrt of Financial Actlvlu
2.324
21.772
Employee ¢￿ts
Salarles/waqes
Employer's NIC
Pensiun costs
54.824
2.407
11.709
54,824
2A07
11.709
68,940
54,957
2,300
11,709
G8iiefal administrative costs.
ncludlnx depreclation 8nd
amortlsa￿on
Bad debts
8ank tharges
Ggnpral In5vranc
Statior￿ry and prlntln4
Sundry expe￿e5
Telephone, fa¥ and broadband
3,610
547
4,373
3,610
547
474
4,373
4,517
1325
1,325
1,080
13,543
992
13.543
Legjl and professlonJl ¢ost3
Otherlegal and prof9S5ional
C0515
792
Yotsl ol •xpIr￿11ura ol oth•rfo
Totil •xpendltur•
Ngt g•ln$ on h)￿stments
215.991
S59
216.65rJ
244,907
164,4001
51.044
51,O*VI
Il•t In¢omtll¢Ap4ndltuY•}
51.t)94
159,763
710,857
191.5281
Nèt Incrxn•ll£xpendlturel bfjtsr•
other g•In￿lIa$S¥s1
Other Galns
51.094
159,763
210.857
191,5281
mo¥thbent In furtds
51,094
159,763
210,857
191,5281
R•tonclllatlorn of fvnds:
Tota1 fvnds brou8ht forward
850.429
12,318
862,747
954,275
Total lunds f•rrl•d fotvnrd
sl.S23
171081
862,747
Pagè 14

5t Gowue's Church, C4mpd•n HIM
arfty Ilo. 1131866
Tru5tse's Rtport •nd UMudit¢d Accounts
31 D•<ember 2021

St Geor8e'g Church. Campden IMII
Content$
P?Be5
Indep@ndent Emaminer's Roport
Statement of Flnanctal Attivltyey
8olanceShett
Natos tts Ehe A¢wunts
tlptailod Stutement ot Flnantlal Actlvlt
14tD15
Pa8e I

St GÉ¢)ry&'s Church, Campden Hlll
lTrd*pend**t E¥amln*rs Report
Independent ExarnlnÈt's Rgport to the trustee ot St Geor8•'s thurch, Cafflpl•n Mlll
I reporE 10 the trtsstee.s on my examlna£ion of the finan￿31 statements uf 5t George's Chur¢h, Carn￿en Hill
for thc year ended 31 Decemb&i 2021 which comprise the Statement of Fthanclal Activiti*s, tho Balance
She*tand the relat8d notes.
Resp(wltsilitl•s and b811s ol r*pNt
As the chailty'5 trustee yo¢J are responslble lor the preparnttgn of the fiTwncial Statements *0 accordanc•
with thè requifemeAts of tlie Chaiities Act 20111'the Act'l. The trustee conslders that an oudrt ly not requlred
for ttils yÈar undef the Charltles Ad 2011, s.1*14121 (the 2011 Actl ond that an Ind&pendent ex4mlnation Is
needed.
I report In respect ol my examlnatlon of the chartys flnancial statements tarrled out under sectlon 145 of
the 2011 Act ènd in Car￿￿8 tsut ihy examlnatlgn I have followed all the aP￿iCab￿ Dlrectlons %4ve￿ by the
Charity Commlsslon under sectton 14515llbl of th8 Act.
Indapondent •M•mlnrfs stst4m•nt
As the charfty'$ 8ros5 Intome exceeded £250,CW your ex&mlner must be a member ol a body Ilsted in
sertlon 145 ol thé 2011 Act. I conflrm thai i am qualined to Undertak*t￿ e¥8minatlon by bel￿ a uudlified
mernbEr of ICAEW.
I have ujmpleted my ex4rnlnailon. l ¢an Conflrrn that no materiaf matters hjve come tu my attantlon
onn•¢iSon wlth the examlnatlon 8fvlng me cause to belleve that In, any mareNal rtspert..
* the gccountln8 records w@re not kept In respect of the charfty as required by section 130 of the Art,. or
the financial 3taltmEnts do not accord wtth those records- or
the flnancial staternents do not tomply wlth the applluble requlrementsconcffnlng the fomi
contvnt of the Ilnandal %¢afements set out In the Charlties IAttounts 4nd Reports) R*8ulAtlons 2008
Other than 8ny reoulrement that the finandal stateTh*nts ¥￿ve a'true and falr, vlev4 whlch Is not a mattor
eonsldered as part of ai) Independent Examlnatlon.
I liavo no conceins 3nd have come acfQSS no other matters In connettion the ¢xamlnatlon to vthkh
ttentlon should bLTr drawn lo thls ￿pOrt In order to enable a propor understandlng of the Ilnandol
statements to be repched.
Aiigel& Ktistakis
GMAK Servlce5 l.td
42 Crescent Lan
London SW4 9PU
£oz£
Pal? 2

St George'x thutth, Cèmpdeo HIH
Stai¢m*nt of Flnamdal Attsvltles
for tha yèar *nded 31 Detember 2021
Uore5trkied RestrÉcted
fufid5
fund5
121
Z021
Total
nds
2021
Total
nds
2010
In¢om* #r¥d endo¥Jm•TrMs
frnm..
l)onatlon$ and le￿cl
Other tradlrw actlvltles
Investmenrs
Other operatlr¥g Income
IC47,028
160.422
260,450
4.850
85,335
25,1128
114,917
2,192
68,115
32.S55
85,335
25.828
Totil
216,041
160,422
376,463
217,779
EMPtndltur* on:
Chaflt¥ble activitles
other
131,184
84,807
659
1.51,843
&4,80'1
147,314
97,593
Total
215.991
659 216.650
Unr••115*d ￿1￿$1<5¢)$5¢$) on
Investments
Si,044
51,044 . (64,4N)I
Plet In¢om?Ilexp•ndltyY•l
Tr•nsfer5 btheen fund$
Ngt In￿me/{expendtsur•l
bofore other aalnslllossesl
51.094
159,763
210857
(91,5281
51.(84
159,763
210,857
191,5281
Other ylns And Iw•s
Not mov•ment In funds
$1,094
159,763
110,857
191,5281
R¢¢ondliatlon of lunds..
Tr)tal funds broughr forward
850.429
12.318
862,747
954,275
rots1 fuftds ¢arfl¢d lorward
L523
172,081 1.073,604
Page I

St G*tyy's ChL4rch, Cgmpd•n
Balènre She4t
at 31 D¥cember 2Q21
Charlty No. 1131B66
2021
zo
Flxed
Taiiglble assets
Investm?nts
io
li
802.83?
811.837
7SI.793
760,793
CuFT•nt Oswts
Debtors
Cash ot bank and In hand
12
4.418
260.505
4.4È0
99,23a
103,713
11,7591
101,954
862,747
862.747
Credltors.. Amount falllw dué wmhln one year
N•t wrr•nt *u•ts
13,1561
261,767
Total iJJets Itsj current Ilabllltl•s
Nat oM•ts •xdudlno p•nJlon •sJfrt or I1*￿Y
Total *•ts
1,073,604
1,073,604
862,747
Th& funds ol th• d￿rtty
He1￿cl¢d eunds
Restrlcted Income funds
14
172.081
12.318
Unr•#rlct•d ￿n￿3
General funds
Dosl8n•t¢d funds
14
275.149
626,374
224,055
636,374
901,523
850,429
Ris•rv•$
Totsl lund•
1.073,604
862.747
Approved lty the trustees on 03 Moy 2022
An
ned
thelr behalf by..
O.BU
Trusre
03 May 2022
Page 4

Sl GeorKe's Church, C8mpdell Hill
Ilotes tD the
for the year eftded 31 December 2021
l Accountln8 poll¢les
8a515 of Pfoparndoft
tananc5al ststements btrn wepared in actordanre wlth Statement of Rertsmmended Ptactiee:
Accountsftg and RepDrtln8 by Charr(les prepaflng thelr accotsnts in acrord3nce 4vlth th* FinandBI
RÈptsrtln8 Standaid applÉcable the UK ènd Republlc if Irel3ncJ IFRS IQ21 leffècttve l January 2019 and
the Charftles Aci 2011. The chartty is a Publlc Be￿rrI Entity as definpd l)y FRSIO2.
C￿￿8￿ In bwli of aK0untF￿ orto pro¥louJ •cc4unts
rhere ha3 been no change to the accountlng pollc6es Ivaluation fules aThJ meth(Kl of accountlngl since
last year and fto changes have been matse to accounts for previrAJS years.
Fund atcountlnB
Unrestricted funds
rho5e are avaIla￿t for use at the dlsuetlon of the trustees In lurtFwranco of the
Bqneral oblÈcts olthe charlty.
Deslgnateil fuod5
These are tsnrestricted funds eam)arked by the trus1￿$ lor partlcular purpos8S.
Revaluatlon fttnds These 3re unrestdrtvd funds which include a revaluatlon reserve represerttlng thé
r¢stètsment of Investment assets at thtlr niorket Values,
These arg avaIla￿t for use subjoct to r*strldlon5 lrnposed by th* donor or throii8h
t*rm5 of an appeal.
Restrlcted funds
In¢om•
Reto¥nit+on of
Income
Income Is Inclurled iii the Statement of Flnantlal Artlvltles ISOFAI wl)en the chadty
becomes enritted to, and virtually certaln to rece￿¢, tha Income and the amount of
the lrt¢om# ¢an bo meèsurod vlth sufflclent iellablllty.
Income wlth related Where Income has related eXPer￿ltUre the Income and related pypendllure Is
pendlture
reported 8rtrss In tht SOF
D(>nÈtlons ènd
legacles
Voluntory Income loce1￿d by way of 8rants, donadons and 81ft5 15 in¢luded In the
the SOFA when re£elvable and only when th2 th3rfty hag uncondltlonal
¢nfitlemert to the Income.
Tax feclalms on
Incame from t&X fedalms Is Indude<l In the SOFA at the sam* time as the
dondtlons and g1ft5 6IWdon31ion to whtch it rdatos.
Donated servrces
7he3e are only includefl In Incorne IwAth an equrvalent ¥mouftt Ir* expendlwrel
•nd IHcilltles
wheré the benefft to the Charfty Is ièasonabty quant1fiab￿. measurable and
mAtefial.
Volunteer help
Thè value ol anyyolurrteer help re¢eived15 not Induded In the a¢¢aunts.
Investmènt Income Th5s Is inctuded in the accounts when receivable.
Galnslllossesl t)n
ThLg Ind￿leS any galn or lo%5 rEsultJng from revaluln8 Inveslments to market value
revalu3tltsn tsf flx*d at the end of the year.
assets
Gains/llosse51 on
Investment assets
This Includès any galn or on the 53fe ol investmen
Page 5

St G•oT#P'S Church, C¥mpden
Notss to thè Atcounts
EX￿ndItuTe
Recognlt*on of
expendlture
Expentlltuie rs iètOBnised orE an accruals basls. Expenditure includes any VAT
which cannot be fvlly recovered. and is rewrted as part ofthè Éxper]ditUTe to
whSch It relate5.
Expenfl￿Ure on
These compr15e the costs assod4ted wlrh attractlng volurhtary incrjme, fvndralsln8
raisittg funds
tradln8 Costs and investment management costs.
Expenijituro on
These comprlse the cost5 incvrred by the Charity in the delivery of Its 2ctlvltles and
ch8dtsble activltles semces the lurther&*e of Its objects. indud%ng the mèkin6 of 6r8nts and
8ovemance costs.
All 8rant eyndltUiQ Is accounted for on an actual pald bas15 plus an accTug1 fDr
rants ihat have been approved by tnJ5tees at the end of the year but not vel
paid.
These Include those ¢05ts a$5wated wlth rneetln8 the constltutlonal and statutory
requirements ol the Ch4r*ty, Includkn6 ar7y aUd*tlindepehc￿nt exainlnatlon fèos,
costs Ilfikéd to the strdtegic mgna8emenrofthe Chartty. together wlth ) share ot
otheradmlnlstr3tlon costs.
Other expendlture These are 5UPPOrt Costs I￿t all(tsted to a partliul81 actlvity.
Giants payable
Governance costs
Golnc Conc¢m
At the time of approv6rtB the flnanclal 5tatem•nts the trustee5 have 8 rea50nabl
expectation that tlie ch41rlty ha5 adequate resources to continue in operatlonal
exlstence for the foreseeablo future. Yhetefgrè the trusfoes contlnuo to adopl the
8dn8 contom bJs15 In Prepar1￿ the tlnanclal staoments.
Toxatlon
Th* cha￿ty Is exLbmpt from t•x on fts tharltable activlttes.
Fr•ehold ltrMBim•nt prop¥ty
Investment propertles are measured Initlalty at cost arHI subsequentty at lJlr valve at ea¢h b#5•nce sheet
date and are not 5Sepreclated. AIS Ha5ns or10$5es are tsken to the Ststement ol Flnanclal Activltles as
they arlse.
Stprk15 included at the lower of cost or net reallsable valve. Oonated Items of stock are reco6nised at
falrvalue whlch15 the amount the ch8rtty would have beert wllllng to pay for the items on the open
market.
Tr•d• Bnd othpr dobtors
Trado and Ofher debtors are r4eo8rtlsod at the settlement amount du* after any trade discount offered.
Prepayments arE valvpd at the amount prepai¢J net of any trade discounts due.
Cash and cash •4uly4l•nts
Cash ?nd cash eoulyalents wmprist c05h at baTrk and on hand. demand deposiE5 wlth bank& and Dther
short.t¢rm hlghly liquld Investments with original malurftles of three months or less and bank
0v¢rdraft5. In the statement of lIna￿l81 po51tlon, bank overdrafts shown wthin borr4)wlng$ or
c(Irrent Ilablllties. In the Statement of Cash Flows, ￿5h and cash equlvalents are Shown nei of b4nk
ovwdrafts that ore repaYa￿e on demand aftd form arTr Integral part ofthe company's tash rftanilgtment.
Pa8e 6

St Geor8e'J Church, C8mpdÈn Hill
Note5 to the Accounts
Tr•de •nd other Credttors
Short temi ereditors are measured at the tr3n58Ction price. Other credltor5 and provislons are
recognised where th¥ chaflty has a present obligation resultin£ from a past event ihal wrll probabty
result IA the transfer of lund5' to 3 thlrd party 8nd the amount due to settle the obtl8atlon tan be
meèsuTed or estlmated rellably. Creditors and ￿m￿￿On5 are normally reco8nised at theli. sgitlement
amount after allowlrkg for any trade discnunts due.
R•Mafth and d¢vetopmtrMt
Expenditure on research and devèlopment lswrltten off In tht year whlch rt Is in¢4tffgd.
P•nslon costs
The charlty O￿TateS a defined contTtbution plan lor Its employees. A deflned cgntAbutlon plan Is a
&TenSI¢￿ plan unrJer whlth the cha¥lly pays fixed contribuUon5 into 8 5epbrate entity. Once the
contrlbutions have been paid the tharity has no further payments obllgations. The contrlbutlons are
reco8nl$ed Is Èxpense5 WI￿ they fall due. Amounts not pald aTr shown Sn a¢cruals In the baf4¢)ce sheet.
Thè 4$sets of the plan ttre held separately from th* ¢harty In Independentty 4dmlnlste¥od fund¥.
2 Stat•ment ol Fin•n¢lo1 Adlvlll•s. prlor y*af
ilnrnstrl¢tsd
tund$
2010
R•strtrt•d
fund$ 7¢tAI funds
2020
2010
In¢omo and •ndowm¢nts from:
Doiiatlon5 bnd 5egacles
Othertradlng a¢tivitie5
Invg$tm•nts
144,157
2,192
68,1
3,315
141.4Jl
2,192
8,115
Totsl
3,315
Exp•ndltyr* on..
ChBrSt&ble attlvftl•s
139,342
97,S93
7,972
147,314
97,593
Other
T4t*l
236,935
I64,4￿)
186,8711
7,972
Net g¥lns on Investments
164,40DI
14,6571 191,5281
P4•t Income
N•t kKom* belorn oth•r
186,8711
14,6571 191,5281
Othor yln$ g4nd In5SQS:
Ilet movement in funds
186A711
14,6571 191,5281
RKonclllatloA ollunds:
Total funds brou¥ht forward
rotsl lunds orrlqd t¢rward
937.3
16,975
954,275
850,429
12,318
862.Y47
Page 7

St Georle's Churth. tampden Hlll
Not*s to the Ac¢ounts
3 IACOMO f¥om donatlons #nd l•rdcles
VnreslTkted
Rextrlcted
Total
Total
20
Regulardonatiohs
Sundry donations
Income tax reccNerable
77.636
6,262
16,130
ICrf).02B
77,636
166,684
16.130
260,450
80,552
17,098
17,267
114,917
160,422
160.422
4 I￿OMe frllm tsth•rtradlnff
Unrotrirted
Tgtal
Total
2020
2021
3,219
1,631
4,850
3,229
1.631
4.850
38LI
Events
1,812
S InEoffl• from Investm•nts
Unr•sttlrt•d
Toi¥l
2021
Total
2020
Investrn¢ni Incon
Rent
38,S39
36.056
10,740
85.335
38,539
36,056
10,740
85,335
37,129
?4,073
6,913
Usi (rf¢hurch
6 Oth•r lTr¢om•
Uftrngtrlctrd
Totsl
io
Tutal
2020
Salary contrlbuvon
25R28
25,828
25,828
25,828
32.555
32,555
Pase 8

St Georye's Church, Campden Hlll
Notes to the Atcou￿ts
7 Expofiditure on charlt#blè •¢tlvftles
Unfestrkted
Aestrkthd
rotal
Totsl
2020
1021
Expendltureon chorltoble
cti¥itles
Ministry.. d5Dcesan common
frjnd, clEr8y exp4nses and
accommodation, Intwn
Church runnln8 and
malntènanre
Seryicesl$uhday
oollov4nts. muslc and
flowers
96.Cfj9
96.089
14,711
395
,ios
28,0114
11534
12,798
12,791
Governance costs
Independent examln8tyon
Professlonal fees
1,5rA)
6,350
131,184
1,500
6.GL¥)
147,314
659
8 Oth•r •#p•ndltur•
Tutal
2021
Investm&nt propEYty setvi¢e
¢h8r8es
Inv8stmént prop&rty rewirs
costs
2.324
2.324
1,494
20,278
Empl¢Jye* c05t5
Gttneral admini5tratlve costs
L•gal and profes￿On•t cost5
68.940
13,543
68,966
6,063
792
13.543
84,807
97,593
9 Stsff ¢osts
201D
54,957
2.3(70
11.709
Salarles and wage$
Soclal securrtv ¢0St¥
Pensson costs
54.B24
2,407
11,709
68,940
No employee received eIr￿lUments In exce$5 of £60,(K￿. Nune ofthe trustees or anyLTrne
connected wilh ihem recefved afty remunoratFon durfnu the year nor were they relmbursed
any expense.
Page g

St GeorR•'S thurth. C4rnpdM IUII
Noto$ tothe A¢¢ounts
10 Tanglble flxed 3ssets
(ost or re￿I￿at￿n
At l January 2021
At 31 Decernbor 2021
9.000
N*t book values
At 31 Decemb8r 2021
At 31 De¢ember 2020
9,(X)
11 Inywtments
Fre¢hold
OthET
Iny•stm•nt Investments
Property
- U5t•d
Totsl
Coxt or revaluatlon
At l January 2021
Revwluatlon
At 31 December 2021
N•t book v#lu¢s
At 31 December 2021
At 31 December 2020
445,QiX)
iO.IK
455,C(rf)
306,793
41,044
347,837
75L793
51,C¥
802037
4SS,I)00
445.(X)O
347,837
306.793
802.837
751,793
12 Oabtors
2021
2020
Yrade debt¢rs
Oth•r debtors
2,755
1,663
4,418
3￿80
600
4.480
13 Cr•dltots:
dmounts la115ng dut wlthln on• yèar
2011
2020
Trade £rodlt¢)rs
Other Credltors
A¢¢ruals
1,156
S9
2.000
1,7
1.759
Page IQ

St Geor8e's Churth, C*fflpden Hi#
Notii to th¢ A£count5
14 Movement In tunds
Incongn8
(Indud¢n%
At l Janupry
tsther
2021 8aths/lg•sesl
Resour
expende
At31
December
2011
H￿tr1thd funds..
Restrlctèd Incom• funds:
Chrlstlan Education
Flowers
Accomrnodalon SJ8
615hop ol London Fund
Lutt¢h dub
tlonation5 for 5pe£fflc
charltles
8ulldln8 Fund
CSSI120% Bapt15ml
3.165
S30
3.165
655
125
1801
13951
2,250
2,355
481
5A82
io
11841
297
164,491
108
Totol
12.318
150,422
16$91
172,081
Uw•$trtrted fvnds:
fj•neral fund%
224,055
Z67,085
1215,9911
275.149
O•$linated ftJnd*'
626,374
626.374
626.374
Totol
626,374
T•tsl fynds
15 Analysls ¢)1 n•t as$4ti b•tw•*n tunds
862,747
(216,6501 1,073,604
Unrojtrlrtod
lunds
Restrlrtod
fund5
Totsl
Flx*d assets
Investments
Net current asset$
9,OW
1502,837
172.082
261,767
172,(i82 1,073,6(%i
802,837
89.685
11

st GeoF8e'$ Chutch. Campden Hlll
Notes to A¢£ounts
16 Church Worker's P•nslon Fuml ICWPFI
The Parochlal Church Covndl of St George's CarRpden Hlll particlpates In the Btsilder Scheme
sertlon Df CWPF for lay stsff. The Scheme ts admlnlllèred by the Church of Englatid Pension5 Board.
whlch hold5 the assets of ihe sch¢mes separately fiom those olthe Étnployer 4nd the othew partlcip#tsn8
EmployerF.
The Chu￿￿ Workers Pens￿￿ Fund has & sectlon known as the Defined Beneffts Schème, a deferred
Innulty s¢ctlon known as Pen51on Bullder U•ssic arvts a cash balance section known as Pensloii Bullder
ioi
P•nth* bulld•r Sdwme
n)e Penslon Bulldèr scheme of the Church Workers Pènslon Fund Is made up ofhvo sertlon5, Penslon
Bullder Classic and Penslon Bullder 2014, both of whlrh a￿ classed as definèd benefit srheme5.
Pension BullderCl8sslc provlde$ a pension for member5 lor payrnerrt frgm retiiernent, accumulatèd from
contrlbutlon5 pald and CO￿ened into a deleryed aTrnvlty durlng employment ba*&d on terms Set and
revlewed by tho Chyith of England Pensions Boartl from time to tlme. 8￿uSe5 may also be declBred,
depend6n¥ upon the In¥estmnt rotUrnS Erther tsctors.
Pgnslon Bullder 201415 4 cash balance stheme that P￿￿deS B lump sum th•t membe¥s use to provlde
beneflts at fetirEmEnt. Penslon contrlbutlons are recorded Sn an a¢tount for each member. Thls account
may have bonvses added by the Board before retlrement. The bonuses depend on investsx(*i?t
experience ond othtr lacEof5. There is no rèqulfeinent for thè Boar(J to 8rant any bonuses, Th• dccount,
plus any bDnuses declawed. Is payable from membtts, Normal pen￿On Ale.
There 15 110 5ub.dMslon ol assets between em￿1)YerS In each sectlon of the Pen51vn Bullder Scheme.
The s¢hÈme Is ¢onsFd?red to be a multl*mployer 5th8me a5 descrlbed In Sttctlon 28 of FRS 102. Thls is
berause It Is not P0S51ble to attrlbuie the PE￿￿10n bullder Scheme's a55èts and Il•bllltles to speclflc
employe¢s and means thal contrlbutions ar£ aowunted for 85 If the Scheme were a doflned contrlbutlon
scheme. The perislons costs chof8ed to the SOFA In the year aro the tontributlons p3yable12021..
£11.709, £2020.. 11.7091.
A veluatlon of th¢ Pension 8￿Ider Scheme 15 carrled out once every three years. The most recent wos
chriled out as at 31 Decem￿1 201& A valuatlan a5 at 31 Oecember 2019 wa5 under way as at 31
Decem￿r 2020.
For the Pension 6ullder C1855it x¢tlon, the valvation revealed a defick of £14.2m on the onNoln
assumption5 used. At ihe most recent annval review. the Board ch¢)Ee not to gran¢ a discretloiiary b)nus,
Vdhich wlll hove artèd to Irnprove the lundlng position. There is no requirement foi d¢lltlt payments at
the cuffent time.
For thè Pension Builder 2014 section, the valuatlon révealed a 5uYplus of £1.8m on the on8oin8
a$5umptions used. There Is rto requlrement for defidt paym*￿ts utthE LIJTrwt time.
The lÈ¥al SErtsctvre ofthe Scheme l$stsch that if anotFÈr employei falls, The Parochlal Church Councll of
St Geor￿$ Campdon Plill could ljecome resp(￿￿￿ for paY[F￿ a share ofthal empjoyels pensldn
Page 12

St George's Chur¢h, Campden Hlll
Dttalled Statern¢nl of Flnafi¢lal Actlbtties
forthÈ y*ar ¢niled 31 De￿mber 2021
ilnrestrl¢ttd Restiiaed
funds
nd$ Tot*1 funrt$ Tot•[ fvnd$
2021
2021
2021
2020
Inwme and endowmèntsfrom:
Donatlons antl lesacies
Re8ular donations
Sundry donations
Income recuverabl
77.636
6.262
16,130
100.028
77,636
166,684
16,130
260.450
80,552
17.098
17,267
114,917
160.422
160,422
Other tr3dlvd artI￿tte5
Ml$¢ellaneous In¢ome
Events
3,219
1.631
4,850
3.219
1.631
4,85D
1,1112
2,192
Investmont$
Invostm¢Tht Incom8
Rent
Use of Ehurch
38539
36,056
10,740
85,335
38,539
36,056
10,74a
37.129
24,073
6.913
Other
Salary contrtbutlon
25.828
25,828
25.828
32,555
T¢tal lfjcom• and endowments
216.&11
160,422
376.463
217,779
Expendfture on:
Chèrildble artlvltle5
Mlnlstry.. dlocwn ￿mmOn fund.
clergy expenses and
3ccornmodatlon, intern
Church runnln8 and maintenan
Serylceslsunday 5Chodl•￿nts,
mu51c flowors
96.089
96,089
98,409
14.711
395
15,106
28,1114
12,534
264
12,798
12,791
123.334
659
123,993
139.214
Governance costs
Independent Exbmlnatlon
Professlon81 foe5
LSC#)
6,350
1,500
6,600
8,100
6,350
Total o*•Kpendlture on d>arltoble
cl1v￿(
13LIPA
659
131,843
147,314
Other ¢xpendf(Ufe
Investm&r*i property servé
charges
Investrnttnt property repalrs
osts
1324
2.324
1,494
2Q,2Y8
Pa8e 13

St George's Chvrth, Campdèn Fllll
Detsiled Ststsmgrt of Financial Actlvlu
2.324
21.772
Employee ¢￿ts
Salarles/waqes
Employer's NIC
Pensiun costs
54.824
2.407
11.709
54,824
2A07
11.709
68,940
54,957
2,300
11,709
G8iiefal administrative costs.
ncludlnx depreclation 8nd
amortlsa￿on
Bad debts
8ank tharges
Ggnpral In5vranc
Statior￿ry and prlntln4
Sundry expe￿e5
Telephone, fa¥ and broadband
3,610
547
4,373
3,610
547
474
4,373
4,517
1325
1,325
1,080
13,543
992
13.543
Legjl and professlonJl ¢ost3
Otherlegal and prof9S5ional
C0515
792
Yotsl ol •xpIr￿11ura ol oth•rfo
Totil •xpendltur•
Ngt g•ln$ on h)￿stments
215.991
S59
216.65rJ
244,907
164,4001
51.044
51,O*VI
Il•t In¢omtll¢Ap4ndltuY•}
51.t)94
159,763
710,857
191.5281
Nèt Incrxn•ll£xpendlturel bfjtsr•
other g•In￿lIa$S¥s1
Other Galns
51.094
159,763
210.857
191,5281
mo¥thbent In furtds
51,094
159,763
210,857
191,5281
R•tonclllatlorn of fvnds:
Tota1 fvnds brou8ht forward
850.429
12,318
862,747
954,275
Total lunds f•rrl•d fotvnrd
sl.S23
171081
862,747
Pagè 14