Charity number. 1131882
ST JOHN'S WOOD CHURCH
UNAUDITED
TRUSTEES. REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
RPGCC
Chartered Accountants & Stalulory Auditor
40 Gracechurch Street
London
EC3V 08T

STJOHN'S WOOD CHURCH
CONTENTS
Page
Reference and administrative details of the charity, its Trustees and advisers
Trustees, report
Trustees, responsibilities statement
Independent examinels report
Statement of financial activities
Balance sheet
9-10
11
12
Notes to the financial statements
13-30

ST JOHN'S WOOD CHURCH
REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY. ITS TRUSTEES AND ADVISERS
FOR THE YEAR ENDED 31 DECEMBER 2023
Trustees
Rev Kri5tina Andreasson, Clergy licensed lo parfsh
lan Anthonisz. Elected Member (resigned 21 May 2023)
Ben Attwood. Elected Member (appointed 21 May 20231
Rev Dr Anders Bergquist. Incumbent & Chairman
Judy Booth, Churchwarden & Elected Member
Des Braithwaite, Elected Member
Gary Eaborn, Clergy li￿nsed to parish
Tomas Freyman, Churchwarden (resigned 21 May 20231
Ashok Gosh, Elected representative on the Deanery Synod (appointed
21 May 20231 & Secretary
Nicole Jacob, Elected representative on the Deanery Synod
(resigned 21 May 20231
Stephen Jones, Elected Member & Treasur8r
Tamsin Lewis, Elected representative on the Deanery Synod (resigned 21
May 20231
Stewart Mccure, Elected representative on the Deanery Synod
(appointed 21 May 20231
David Millar, Churchwarden
Paul Mullins, Elected Member
Sarah Ong, Elected Member (appointed 21 May 20231
Shelley Quaile. Elected representative on the Deanery Synod (resigned 21
May 20231
Beatrice Reynier, Elected Member
Vivien Turner. Elected Member
Graham Young, Elected Member
Charity registered
number
1131882
Principal offi
The Church Offi
St John's Wood Church
Lord's Roundabout
Sl John's Wood
London
NW8 7NE
Accountants
RPG Crouch Chapman LLP
Chartered Accountants
40 Gracechurch Street
London
EC3V OBT
8anker5
Barclays Bank UK PLC
40 Wellington Road
London
NW8 9TJ

ST JOHN'S WOOD CHURCH
TRUSTEES, REPORT
FOR THE YEAR ENDED 31 DECEMBER 2023
The Parochial Church Council. being for this purpose the Trustees of the Ecclesiastical Parish of Sl
John's Wood, present their annual report together with the financial statements for the year
1 January 2023 to 31 De￿mber 2023.
Introductlon
The parish church of the ecclesiastical parish of St John'5 Wood (universally known as "St John's
Wood Church l is a parish church of the Church of England as by Law Established. Like all other
parish churches of the Church of England, it has no separate Trust I)eed or founding Charter, but is
part of the constitutional fabric of the realm. The Church of England first came into being as a legal
entity through successive Acts of Padiament in the time of King Henry Vlll. It was abolished under the
Commonwealth, and re-e5tsblished by The Act of Unrformity116621. The church's life is governed by
three sorts of laws: Acts of Padiament, ecclesiastical Canons Ipromulged by Convocation), and
Measures Ipassed by General Synixl, though they also pass through Parliament before acquiring the
force of law}. The boundaries of individual parishes are determined by the Sovereign in Council the
Ecclesiastical Parish of Sl John's Wood was brought into being by Orders in Council in 1952.
Objects and activlti•s
a. Objectives
The constitutional position of an Anglican parish church means that its objectives are, in a sense, not
under its own control, but set by statute. But the Parish would identify its objectives in nomial times
as being.. to make pastoral care and the services of the church (including weddings. funerals, and
baptisms) available to everyone in St John's Wood who wishes lo have them and is not disqualified
from receiving them.. to welcome and encourage as many people as possible lo worship in their
parish church,. to build up and encourage churchgoers in their Christian discipleship and in their
knowledge of the Christian fatth., lo make the love of Jesus Christ known to the people of this part of
London through acts of compassionate servi¢e,' lo maintain the church and the adjacent chkArch hall
complex to a high standard, both as a place of worship and as a resource for the local community.. lo
engage in constructive dialogue with other churches and local faith communities; to support other
local community institutlDns in a shared attempt lo build vibrant and resilient community in Sl John's
Wood., and to reduce the impact on the environmerkl of the activities that take place in the premises
for which it is responsible. while also encouraging members of the congregation to 8dopt
environmentally thoughtful lifestyles.
b. Activities for achieving objectives
In an ordinary year, these may be stated as follows. Worship of high quality is offered in the church.
There are programmes of Bible and other Christian study throughout the year. Baptisms, weddings
and funerals take place regularly in the church, and the clergy take funerals on behalf of Ihe church in
local crematoria. A special effort is made to welcome those who are not regular churchgoers {like all
parish churches of the Church of England, the church is under a legal obligation to provide for
baptisms and weddings for those resident in the parish or otherwise legally qualified to ask for them.
and il is the PCC'S policy to embrace this as a positive opportunity for pastoral seNice to the
community). Pasloral visits a￿ rnade lo the housebound, the sick. and the dying. Close contacts are
maintained and developed with other local faith communities, including especially the London Central
Mosque and three local synagogues. An environmental plan to mitigate the church's carbon footprint
is reviewed regularly.

STJOHN'S WOOD CHURCH
TRUSTEES. REPORT ICONTINUEDI
FOR THE YEAR ENDED 31 DECEMBER 2023
G. M8in 8Gtivities undertaken to further the Chanty's puposes for public b8ngfrt
All the church's activities are understood to be for public benefit. This is Implicit in the Establishment
of the Church of England, where a parish church is in itself a public. and not a private, body. The
church is in princip18 open lo all, and does not limit its interest to those who are active churchgoers.
The church building is left open throughout the day on almost every day of the year, so that members
of the wider community and the general public may enter for purposes of prayer or tourism, and it is
known that many local residents use the church in this way as a space for quiet and rellectson. The
church also makes its premises available to a wide range of community organisations for their events
at reduced {sometimes nol cost, and it makes regular grants to local communily organisations.
Through its inter-faith commitments, the church makes an important contribution towards sustaining a
mutually respectful and tolerant community in St John's Wood.
Achievements and perforniance
There were 145 parishioners on the Church Electoral Roll1144 in 20221.
. Worship, prayer and study
Worship of a high standard was offered throughout the year. with bolh in-church and Zoom services
held in a regular pattern. A full set of seNices was held in Holy Week and Easter, and there were
additional services held during Advent and Christmas. Services were especially well attended in
Advent and Christmas. A small but skilful band of flower arrangers ensured that the church was
beautifully decorated both for regular Sundays and for festivals. The Vicar delivered an in-person
course on the prophets of the Hebrew Bible. and the Assistant Curate delivered an in-person course
on prayer and theology. The Associate Vicar and Assistsnt Curate began preparing a mixed group of
adulls and young people for confirmation at Easter 2024.
b. Maintenance of the fabric, good and omaments
The fabric of the church continued to be kept in good order, and the ott)er properties for which the
PCC is responsibl8 were well mainlained.
. Service to the communlty
The church hall has continued to be used regularly by groups such as Mother Nature, Happy
Campers. and St John's Wood Holiday Club. St John's Wood Film Club ran two programmes of
screenings. one in the summer and one in the autumn., these screenings are open lo all, but thanks to
a partnership with the local Neighbourcare charity the Club has a particular reach among elderty and
vulnerable residents of St John's Wood. A community screening, in the church hall, of His Majesty's
Coronation was well attended. An informal and highly enjoyable boules group, open to all in the
community. took place in the old churchyard during the weeks of summer. It continues to be the
policy of the PCC to make the premises available to community organisations. or good causes, al
reduced charges or free of charge. Among the beneficiaries of this policy during the year were the St
John's Wood Society and a number of groups of young musicians. The Vicar continued lo serve as
Governor of Amold House School. and as a Trustee of the Marylebone Almshouses. Special
collections during the year (e.g. at Christmas) raised £2,016 for outside charities, and the church
raised £1,450 for the work of Christian Aid.

ST JOHN'S WOOD CHURCH
TRUSTEES. REPORT {CONTINUEDI
FOR THE YEAR ENDED 31 DECEMBER 2023
d. Inter-Anglican, ecum8nic81 and inter-faith work
There continued to be regular Coryoperation with olher local Anglican churches, and the clergy again
responded to requests for holiday or emergency cover from neighbouring parishes. As always, the
annual "Light up a Life. service for St John's Hospice had a strong ecumenical and interf3ith
component. Regular though infrequent meetings of local Jewish, Christian, and Muslim faith leaders
(under the name 'Pathways'l took place during the year, and the church's clergy were on various
occasions guests at the London Central Mosque and the Liberal Jewish Synagogue. The Vicar
continued lo take part in the work of national C. of E. bodles such as the Liturgical Commission and
the Porvoo Panel. Various groups from the Church of Sweden were welcomed during the year.
including a group from the Swedish church's General Assembly (Kyrkomoteti.
e. Safeguarding
The PCC undertook an Annual Review of Its Safeguarding Policy. in line with Di0￿san guidelines.
Safeguarding and Child Protection appear as an item on the agenda of every PCC meeting. The
parish continues to be subscribed lo the new national Safeguarding Dashboard system. and has a
plan for the regular DBS-checking and Safeguarding Training of PCC members, as well as those
whose volunteering work brings them into contact with children or vulnerable 8dulls.
f. Otherpolicies
The Fire Risk Assessment was reviewed during the year, and actions arising from that review were
undertaken.
g. Relations with the ￿der diocesan stnjctures
The paTtsh has long been recognized as a 'training parish,, where a newly ordained person spends
the first three or four years of their ministry, gaining experience in a supervised setting. This 'lraining
of curates, is now much more formalized, as a partnership between training incumbent, training
parish, and diocesan training structures. and a significant part of an assistant curate's attention has to
be devoted to diocesan requirements. The church was delighted lo receive the Revd Dr Gary Eabom
as a new assistant curate at the beginning of July. Three members of the PCC served on the
Deanery Synod during the year. The PCC paid ils contribution to the Diocesan Common Fund in full.
The John Slater Fund (established in memory of a fonner incumbent to make grants lo those active in
ministry in the Diocese of London, to help with sabbatical and other travel plans) made grants to one
priest in the diocese.
Financial review
Key Financial Perfom78nce Indicalors, including investment policy and perfonnance
The PCC has five ordinary financial aims in a normal year..
To raise sufficient funds to defray Ihe ordinary activities of the parish church.,
To be able lo pay al least 10°A of rental income into ils Fabric Reserve Fund each year..
To ensure that its Fabric Reserve Fund is sufficienlly well-slocked to meet the cost of
caring for the fabric of the Church arid the Hall complex,.
To use any legacies that il receives for the long-lerm good of the parish church and to
support the flourishing of the wider community., and
to invest such balances as it holds in ethical and responsible ways.
Paoe 4

STJOHN'S WOOD CHURCH
TRUSTEES. REPORT ICONTINUEDI
FOR THE YEAR ENDED 31 DECEMBER 2023
From lime to time, the Church also
organises special appeals to support particular projecls.1115 not the policy of the PCC to
maximise the raising of funds beyond what is needed to meet these objectives.. we do not
understand ourselves to be primarily a lund-raising organisation.
suc￿Ss in regard to each of these aims is measured as follows..
By the church's Operating Fund breaking even, after
having made a year-end transfer of at least 10°A of rental income lo the Fabric Fund.,
by the Fabric Reserve being able to cope with demands upon it-,
by using legacy income in ways appropriate to the objectives of the parish.,
by maintaining a reasonable (not necessarrly maximum) level of income from
investments, and investing in ethically reliable funds via le.g.I the C. of E.'s Central Board
of Finance.,
The money having been spent on the purposes for which il was raised.
Income from regular congregational giving fell by 5Q/o in comparison with 2022. New tenants were
found for Flat 2, after a long void which reduced inu)me at in the firsl half of the year, and one
significant tenant began lo struggle with rental payments towards the end of the year., some of this
loss was made up by strong casual lettings income. There was some increase of expenditure,
especially as energy bills continued to rise. The congreg81ion was generous in its response lo the
end-of-year Gift Day appeal. Even so, the financial stalemenl shows that outgoing resources
exceeded incoming resources by £73,12912022-. £63,620). comprising a deficit on unrestricted funds
of £80.920 (2022.. £58.729) and a surplus on restricted funds of £7,791 {2022.' deficit of £4.8911. In
the light of this, the PCC fem unable lo make any transfer to the Fabric ReseNe at the end of 2023.
At the year end, unrestricted reserves amounted lo £556,400 12022.. £637,320) and restricted
reserves amounted lo £73,52112022.' £65,730).
b. Invgstment policy
11 is the PCC'S policy to invest funds, not immediately required, in inGome-producing funds which
allow capital value to be proteded.
c. Reserves Policy
It is PCC policy to try lo maintain a balance on free reserves Inel current assets) which equates to at
least six months, unrestricted payments. It is held to smooth out fluclualions in cash flow lo meet
emergencies. The balance of the free reserves al the year end was amounl which comfortably
exceeds the six months. target.
d. Fundraising
The PCC raises its funds from rents. voluntary congregational giving, investments, and parochial fees
(the level of which is sel nationally by synodical Measurel. There were no appeals to the general
public during the year, and no extemal fundraisers were employed.
e. Legacies
In addition to legacy income of £4,100, an unreslricted legacy of £10,957 was received from the
estsle of the late Rosemary Prebble.
Paae 5

ST JOHN'S WOOD CHURCH
TRUSTEES. REPORT {CONTINUEDI
FOR THE YEAR ENDED 31 DECEMBER 2023
f. Going Concem
Afler making appropriate enquiries, the PCC has a reasonable expectation that the charity has
adequate resources to continue in operational existence for the foreseeable future. For this reason
they continue to adopt the going cOn￿M basis in preparing the financial slatemenls. Further detsils
regarding the adoption of the going concern basis can be found in the Accounting Policies.
Structure, governance and management.
Constitution
The Parochial Church Council IPCCI of St John's Wood Church is a corporate body established by
the Church of England, and operates under the Parochial Church Council (Powers) Measure. The
PCC acts as the body of Trustees for the Ecclesiastical Parish of St John's Wood.
Method of Appointment or Election of Trustees
The method of appointment of PCC members is set out in the Church of England's Church
Representation Rules. Its membership comprise5 the incumbent and any assistant curatelsl, the
churchwardens. and members elected leilher directly to the PCC, or to the Deanery Synod) by those
members of the congregation who are on the Electoral Roll of the church. All who attend church
regularly are encouraged to register on the Electoral Roll, and to offer themselves as candidates to
serve on the PCC.
Organisational Structure and Decision-making
The Incumbent and PCC have shared responsibility for the pattern of services in the chLArch. The
clergy oversee the pastoral and educational life of the parish. The churchwardens are responsible in
law for the fabric, goods. and ornaments of the church itself.
The PCC has three stsnding committees, from all of whom it receives and discusses reports..
la) The Finance and Buildings Committee meets in advance of each full PCC. It has
delegated aulhority lo spend up to £2000 on works. Expenditure greater than £2000 is
decided by the full PCC.
(bl The Heathcote Committee disburses the income estimated to have been 9enerated each
year by a legacy from the late Mis5 M. W. Heathcote. The PCC has decided as a matter
of discretion to use Ihis money (which was not given for any specific purpose. and 15
unrestricted in usel lo support projects that benefit the local community.11 meets ￿lce
year. The Heathcote Committee is responsible to the PCC for encouraging potential
applicants (who complete a fomi). for deciding on grants. and for evaluating the
effectiven85s of how they have been used.
(c) The Slater Committee disburses the income of the John Slater Fund, which was created
for Ihe purpose of making travel grants to clergy active in ministry in the Diocese of
London. The Committee meets once a year. Applicalions on a set form are encouraged
through bishops. archdeacons, and Area Directors of Training and Development. and
travel plans have nomially b8en approved by these bodies before they reach the
Committee. Recipients of grants are required to report on how the money has been used.
Page 6

STJOHN'S WOOD CHURCH
TRUSTEES. REPORT ICONTINUEDI
FOR THE YEAR ENDED 31 DECEMBER 2023
In addition, the PCC sel up a working group during the year, colloquially known as the 'Marketing
Group,. lo generate ideas for making the church's life and work better known in the area. and lo
encourage more people to attend church services. The firsl-fruils of its significant work were seen at
Advent and Christmas,. further results will be reported on in 2024.
The PCC acts as the employer of a part-time Parish Administrator and 8 full-time H811 Manager. and
has maintenance responsibilities for the Church Hall complex with its three residential flats, and for
two other residential properties. It is also reSp¢￿s1b1e for the letting of church premises, or for their
use by outside organisats'ons.
The PCC appoints a Children's Advocate. a Safeguarding Officer. and a Fire Safety Officer lo help it
to discharge its responsibilities in these areas.
When planning activities for the year, the PCC has had regard to the Charity Commission's guidance
on public benefit, and in particular the specific guidance on charities for the enhancement of religion.
Approved by order of the members of the board of Trustees and signed on their behalf by..
Akn6
Rev Anders Bergquist
PCC Chairman
Date.. ?1 Ally
Page 7

STJOHN'S WOOD CHURCH
STATEMENT OF TRUSTEES. RESPONSIBILITIES
FOR THE YEAR ENDED 31 DECEMBER 2023
The Trustees are responslble for preparing the Trustees. report and the financial statements in
accordance with applicable law and United Kingdom Accounting Standards (United Kingdom
Generally Accepted Accounting Practice).
The law applicable lo charities in England & Wales requires the Trustees to prepare financial
statements for each financial which give a true and fair view of the slate of affairs of the chaTily and
of its incoming resources and application of resources, including its income and expenditure, for that
period. In preparing these financial statements, the Trustees are required lo..
select suitable accounting policies and then apply them consistently.,
observe the methods and principles of the Charities SORP IFRS 1021.,
make judgments and accounting estimates that are reasonable and pnjdenl,.
slate whether applicable UK Accounting Standards {FRS 1021 have been followed, subject to
any material departures disclosed and explained in the financial slatements-
prepare the financial statements on the going concorn basis unless il is inappropriate lo
presume that the charity will continue in business.
The Trustees are responsible for keeping adequate accounting records that are sufficient lo show
and explain the charity's transactions and disclose with reasonable accuracy 8t any time the financial
position of the charity and enable them to ensure that the financial statements comply with the
Charities Act 2011, the Charity (Account5 and Reports) Regulations 2008 and the provisions of the
Trust dee(J. They are also responsible for safeguarding the assets of the charity and hen￿ for taking
reasonable steps for the prevention and detection of fraud and other I￿egUlar1tie$.
Approved by order of the members of the board of Truslees and signed on its behalf by..
AAJtfS 6 iqi¥W
Rev Anders Bergquist
PCC Chairman
Date..

ST JOHN'S WOOD CHURCH
INDEPENDENT EXAMINER'S REPORT
FOR THE YEAR ENDED 31 DECEMBER 2023
Independent Examiner's Report to the Trustees of Sl John's Wood Church I the chariv)
I report to the charity Trustees on my examination of the accounts of the charity for the year ended 31
December 2023.
Responsibilities and Basis of Report
As the Trustees of the charity you are responsible for the preparation of the accounts in accordance
with the requirements of the Charities Act 20111'lhe 2011 Act'l.
I report in respect of my examination of the charity's accounts carried out under sectron 145 of the
2011 Act and in carrying out my examination I have followed the applicable Directions given by th8
Charity Commission under section 145151(bl of the 2011 Act.
Independent Examinels Statement
Since the charity's gross income exceeded £250,000 your examiner musl be a member of a body
listed in section 145 of the 2011 Act. I confirm th81 1 am qualified to undertake the examination
because l am a member of ICAEW. which is one of the listed bodies.
Your attention is drawn to the fact that the charity has prepared the accounts in accordance with
Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities
preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK
and Republic of Ireland {FRS 1021 in preference to the Accounting and Reporting by Charities..
Statement of Recommended Practice issued on 1 April 2005 which is referred lo in the extant
regulations but has been withdrawn.
l understand that this has been done in order for the accounts to provide a tnje and fair view in
accordance with the Generally Accepted Accounting Practice effective for reporting periods beginning
on or afier l January 2015.
I have completed my examination. I confirm th81 no matters have come to my attention in connection
with the examination giving me cause to believe that in any material respect..
accounting records were not kept in respect of the charity as required by section 130 of the
2011 Act., or
the accounts do not accord with those records., or
the accounts do not comply with the applicable requirements concerning the form and content
of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any
requirement that the accounts give a 'true and fair, view which is not a matter considered as
part of an independent examination.
I have no concems and have come across no other matters in connection with the examination lo
which attention should be drawn in this report in order to enable a proper understanding of the
accounts to be reached.
Page 9

ST JOHN'S WOOD CHURCH
INDEPENDENT EXAMINER'S REPORT ICONTINUEDI
FOR THE YEAR ENDED 31 DECEMBER 2023
Thi5 report is made solety to the charity's Trustees, as 8 body, in accordance with Part 4 of the
Charities (Accounts and Reports) Regulations 2008. My work has been undertaken so Ihal I might
stale to the charity's Trustees those matters l am required to slate to them in an Independent
examinels report and for no other purpose. To the fullest extent pemiitted by law, I do not accept or
assume responsibility to anyone other than the charity and the charity's Trustees as a body. for my
work or for this report.
Signed:
Dated..
Jeremy Tyrrell FCA
RPG Crouch Chapman LLP
Chartered Accounlants
40 Gracechurch Street
London
EC3V OBT

STJOHN'S WOOD CHURCH
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 DECEMBER 2023
Unrestricted
funds
2023
Restricted
funds
2023
Total
funds
2023
Total
fijnds
2022
Note
Income from:
Donations and legacies
Charitable activities
Investments..
Rental income
Other investments
Other income
15.057
126.336
15.057
131,207
4,871
138.464
211,329
26,056
9.692
211.329
27,832
9,692
211,229
16,116
8.229
1,776
Total Income
388,470
6.647
395,117
374,038
Expenditure on-.
Charitable activities
464.881
4,461
469,342
415,200
Total expandlturg
464,881
4,461
469.342
415,200
Net lexpendlturelllncome before net
Ilossesllgains on investments
Net {lossesllgains on investments
176,411}
(4.5091
2,186
5,605
(74,2251
1,096
(41,1621
{22,458)
Nol movemgnt In funds
180.9201
7,791
(73.129
163,6201
Reconciliatlon ot funds:
Total funds brought forward
Net movement in funds
637,320
180,920)
65,730
7.791
703,050
{73,1291
766.670
163,6201
Total funds carrled fonward
556,400
73,521
629,921
703.050
The Statement of Financial Activities includes all gains and losses recognised in the year.
The notes on pages 13 to 30 fomi part of these financial statements.

STJOHN'S WOOD CHURCH
BALANCE SHEEr
AS AT31 DECEMBER 2023
2023
Note
2022
Fixed assets
Tangible assets
Investments
79,147
293,184
79.706
292,088
12
372.331
Current assets
371,794
Debtors
Cash al bank and in hand
Creditors.. amounts falling due within
one year
13
59,747
218,608
55,263
302,340
14
120,7651
(26,3471
331.256
Net Cu￿0n1 assets
Total net assets
257,590
629,921
703.050
Charity funds
Restricted funds
Unrestricted funds
16
73.521
556,400
65,730
637,320
16
Total funds
629.921
703,050
The financial statements were approved and aulhorised for issue by the Trustees and signed on their
behalf by..
AkneJJ £ ￿t￿lsy
Rev Andèrs Bergqulst
Incumbent
Date.. 11
The notes on pages 13 to 30 fom part of these financial slatements.
Page 12

ST JOHN'S WIOOD CHURCH
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
Accounting policies
1.1 Basis of
re
aration of financial slalements
The financial statemenls have been prepared in accordance with the Charities SORP IFRS
1021- Accounling and Reporting by Charities.. Statement of Recommended Practice
applicable to charities preparing their accounts in accordance with the Financial Reporting
Standard applicable in the UK and Republic of Ireland IFRS 1021 leffeclive 1 January
20191. the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS
1021 and the Charities Act 2011.
The financial statements have been prepared to give a 'true and falr, view and have
departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent
required lo provide a 'true and fair, view. This departure has involved following the Charities
SORP IFRS 1021 published on 16 July 2014 rather Ihan the Accounting and Reporting by
Charities.. Ststemenl of Recommended Practice effective from 1 April 2005 which has sin
been withdrawn.
The trustees confirm their explicit and unreseTved compliance with the above legislations.
St John's Wood Church meets the definilion of a public benefit entity under FRS 102.
Assets and liabilities are initially recognised 8t historical cost or transaction value unless
otheThvise stated in the relevant accounting policy.
1.2 Income
All income is recognised On￿ the charity has entitlement to the income, it is probable that
the income will be received and the amount of income receivable can be measured reliably.
The recognilion of income from legacies is dependent on establishing entitlement. the
probability of receipt and the ability to estimate with sufficient accuracy the amount
receivable. Evidence of entitlement to a legacy exists when the charity has sufficient
evidence that a gift has been left to them (through knowledge of the existence of a valid will
and the death of the benefactor) and the executor is satisfied that the property in question
will not be required to satisfy claims in the estate. Receipt of a18gacy must be recognised
when It is probable that it will be received and the fair value of the amount receivable, which
will generally be the expected cash amount lo be distributed to the charity, can be reliably
measured.
Income lax recoverable in relation to investment income is recognised al the time the
investment income is receivable.
Other income is re¢ognised in the period in which it is receivable and to the exienl the
goods have been provided or on completion of the serwice.
PArJft 12

STJOHN'S WOOD CHURCH
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
Accounting policies (continued)
enditure
Expenditure is recognised once there is a legal or constructive obligation to transfer
economic benefit to a third party, it is probable that a transfer of economic benefits will be
required in settlement and the amount of the obligation can be measured reliably.
Expenditure is classified by activity. The costs of each activity are made up of the total of
direct costs and shared costs, including support costs involved in undertaking each activity.
Direct costs attributable lo a single activity are allocated directly to that activity. Shared
costs which contribute lo more than one acty'vity and support costs which are not
attributable lo a single activity are apportioned between those activities on a basis
consistent with the use of resources. Central staff costs are allocaled on the basis of lime
spent. and depreciation charges allocated on the portion of the asset's use.
Expenditure on charitable activities is incurred on directly undertaking the activlties which
further the charity's objectives. as well as any associated support Costs.
All expendilure is inclusive of irrecoverable VAT.
1.4 Tan
ib18 fixed assets 8n(J de
re￿atIOn
Tangible fixed assets costing £NIL or more are capitalised and recognised when future
economic benefits are probable and the cost or value of the asset (an be measured
reliably.
Tangible fixed assets are initially ￿COgnised at cost. After recognition. under the cost
model, tangible fixed assets are measured at cost less accumulated depreciation and any
accumulated impairment losses. All costs incurred to bring a tangible fixed asset into its
intended working condition shoLEld be included in the measuretnent of cost.
Depreciation is charged so as to allocate the cost of tangible fixed assets less their residual
value over their eslimaled useful lives.
Depreciation is provided on the following bases..
Freehold propety
Motor vehicles
Musical instruments
Not deprecialed
4 years straight line
10 and 25 years straight line
1.5 Investments
Fixed asset investments are a form of financial instrument and are initially recognised at
their transaction cost and subsequentiy measured at fair value at the Balance sheet date,
unless the value cannot be measured reliably in which case il is measured al cost less
impairment. Investment gains and losse5, whether realised or unrealised, are combined
and presented as 'Gainsl(Lossesl on investments. in the Statement of financial activities.
1.6 Debtors
Trade and other debtors are recognised al the seltlement amount after any trade discount
offered. Prepayments are valued at the amount prepaid nel of any trade discounts due.

ST JOHN'S WOOD CHURCH
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
Accounting policies Icontinuedl
1.7 Cash at bank and in hand
Cash al bank and in hand includes cash and short-term highly liquid investments with a
short rnalurity of three months or less from the date of acquisition or opening of the deposit
or similar accounl.
1.8 Liabilities and
rovisions
Liabilities are recognised when there is an obligalion at the Balance sheet date as a result
of a past event, it is probable that a transfer of economic benefit will be required in
settlement, and the amount of the settlement can be estimated ￿lIablY.
Llabllltles are recognised at the amount that the charity anb'cipates it will pay lo settle the
debt or the amount it has received 8s advanced payments for the goods or seNices il must
provide.
Provisions are measured al the best estimate of the amounts required lo settle the
obligation. Where the effect of the time value of money is material, the provision is based
on the present value of those amounts, discounted at the pre-tax discount rate that reflects
the risks specific to the liability. The unwinding of the discount is recognised in the
Staternenl of financial activities as a finance cost.
1.9 Financial instruments
The charity only has financial assets and financial liabilities of a kind that qualfy as basic
financial instruments. Basic financial instrurnents a￿ initially recogni5ed at transaction
value and subsequently rneasured at their settlement value with the exceptiOT) of bank
loans which are subsequently measured at amortised cost using the effective interest
method.
1.10 Pension5
Contributions to defined benefil pension schemes are charged to the Statement of
Financial Activity as and when incurred.
1.11 Fund accountin
General funds are unrestricted funds which are available for use at the discretion of the
Trustees in furtherance of the general objectives of the charity and which have not been
designated for other purposes.
Designated funds comprise unrestricted funds that have been set aside by the Trustees for
particular purposes. The aim and use of each designated fund is sel out in the notes to the
financial statements.
Restricted funds are funds which are to be used in accordance with specific restrictions
imposed by donors or which have been raised by the charity for particular purposes. The
costs of raising and administering such funds are charged against the specffic fund. The
aim and use of each restricled fund is set out in the notes to the financial statements.
Investment income, gains and losses are allocated to the appropriate fund.
Page 15

STJOHN'S WOOD CHURCH
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
Accounting policies (continued)
1.12Cash Flow Exem lion
Being a small charity. the trustees have taken advanlage of the exemption from the
requirement to prepare a cash flow statement.
Critical accounting estimates and areas of judgment
Estimates and judgments a￿ continually evaluated and are based on historical experience and
other factors, including expectations of future events that are believed lo be reasonable under
the circurnstances.
Critical accounting estimates and assumptions..
The charity makes estimates and assumptions conceming the future. The re5utting accounting
estimates and assumptions will. by definition, seldom equal the related actual results. However,
the trustees are of the opinion that there are no estimates and assumptions that have
significant risk of causing a material adjustment to the carrying amounts of assets and liabilities
within the next financial year.
Income from donations and legacies
restricted
funds
2023
Total
funds
2023
Totsl
funds
2022
Legacies
15,057
15,057

STJOHN'S WOOD CHURCH
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 310ECEMBER 2023
Income from charitable activities
restricted Reslrrcted
funds
funds
2023
2023
Total
funds
2023
Grants & Donations
Standing Orders, Pledges & Envelopes
Gift Day
Church Fees Received by the PCC
Income Tax Recoverable on Gift
Cash Collections al all Servi￿8
Special Collections
19.955
56,004
24,195
483
17,833
7.866
19.955
56,004
24,195
483
17,833
7,866
4,871
4.871
126.336
4,871
131.207
restricted Restricted
funds
nds
2022
2022
Total
funds
2022
Grants & Donations
Standing Orders. Pledges & Envelopes
Gift Day
Church Fees Received by the PCC
Income Tax Recoverable on Gift Aid
Cash Collections al all SeNices
Special Collections
14,557
65,157
24.586
688
18,327
7,237
14,557
65,157
24,586
688
18,327
7,237
7.912
7,912
130,552
7,912
138,464
Paqe 17

STJOHN'S WOOD CHURCH
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED310ECEM8ER 2023
Investment income
Un-
restricted Restricted
fijnds
funds
2023
2023
Total
funds
2023
Rental Income from Church Properties
Dividends & Interest received
211,329
26,056
211,329
27,832
1.776
237.385
1,776
239,167
restricted Restricted
fvnds
funds
2022
2022
Total
funds
2022
Rental Income from Church Properties
Dividends & Interest ￿ceiVed
211,229
14,531
211,229
16,116
1,585
225.760
1,585
227.345
Other incoming resource5
restricted
funds
2023
Total
funds
2023
Services
9,692
9,692
Un-
restrtcled
funds
2022
Total
fund5
2022
ServI￿s
8,229
8,229
PAnp. 1A

ST JOHN'S WOOD CHURCH
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
Analysis of expendilure on charitable activities
Summa
restricted Restricted
funds
funds
2023
2023
Total
2023
Grants & Donations
Activities Relating Directly to the Work of the ChLtrch
Church Management & Administration
3.240
389,127
72,514
4,379
7.619
389,127
72,596
82
464,881
4,461
469,342
Un-
reslncted Restricted
funds
funds
2022
2022
Total
2022
Grants & Donations
Activities Relating Directly lo the Work of the Church
Church Management & Adminislralion
5,160
325,722
77.415
6,804
11,964
325,722
77.514
408,297
6.903
415,200
Paoe19

STJOHN'S WOOD CHURCH
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
Analysis of expendilure on charitable aclivities (continued)
Summary by expenditure type
Staff costs
2023
preciation Other costs
2023
2023
Total
2023
Grants & Donations
Activities Relating Directly to the Work of
the Church
Church Management & Administration
7,619
7,619
559
388.568
18,916
389,127
72,596
53.680
53,680
559
415,103
469,342
De-
preciation Other costs
2022
2022
Staff costs
2022
Total
2022
Grants & Donations
Activities Relating Directly to the Work of
the Church
Church Management & Administration
11,964
11.964
559
325.163
18,019
325.722
77.514
59,495
59,495
559
355.146
415,200

ST JOHN'S WOOD CHURCH
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
Analysis of expenditure by activities
Activities
undertaken
directly
2023
Totsl
funds
2023
Grants & Donations
Activities Relating Directly to the Work of the Church
Church Management & Administration
7.619
389,127
72,596
7,619
389,127
72,596
469,342
469,342
Activitie5
undertaken
direcuy
2022
Total
funds
2022
Grants & Donations
Activities Relating Directly lo the Work of the Church
Church Management & Administration
11,964
325,722
77,514
11,964
325.722
77,514
415,200
415,200
Page 21

STJOHN'S WOOD CHURCH
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
Analysis of expenditure by activities Icontinuedl
Analysis of direct costs
Activities
Relating
Direclly to
Grants & the Work of
Donations the Church
2023
2023
Church
Manage-
ment &
Admini-
5tralion
Total
funds
2023
2023
Staff costs
Depreciation
Christian Aid
Relief & Development Agencies
Slater Traval Grant
Local Charities & Grants
Common Fund Contribution
Clergy Expenses
Clergy Houses- Maintenan￿ & Running
Costs
Church Hall Running Costs
Church Running Expenses
Choir & Music
Staff Accomodation
Contribution Towards Major Projects or
Refurbishments
Other Staff Costs
Office Running Expenses
Governance Costs
Bad Debts & Other Amounts Provided
Against
53,680
53,680
559
1,450
4.629
700
559
1,450
4,629
700
144.150
4.416
144.150
4,416
18,916
39.296
52,998
72,850
3,826
18,916
39,296
52,998
72,850
3.826
173
15,657
3,086
173
15,657
3,086
52,116
52,116
7,619
389.127
72,596
469,342

STJOHN'S WOOD CHURCH
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
Analysis of expenditure by activities Iconlinu8d)
Analysis of direct costs {conlinuedl
Activities
Relating
Directly to
Grants & the Work of
Donations the Church
2022
2022
Church
Manage-
ment &
Admini-
slration
2022
Total
funds
2022
Staff costs
Depreciation
Christian
Relief & Development Agencies
Slater Traval Grant
Local Charities & Grants
Common Fund Contribution
Clergy Expenses
Clergy Houses- Maintenance & Running
Costs
Church Hall Running Costs
Church Running Expenses
Choir & Music
Staff Accomodalion
Contribution Towards Major Projects or
Refurt)ishments
Other Staff Costs
Office Running Exp8nses
Governance Costs
Bad Debts & Other Amounls Provided
Against
59,495
59.495
559
2,470
8,191
643
660
141.225
2,729
559
2,470
8,191
643
660
141,225
2,729
15,833
21,818
52,637
60,010
6.061
15,833
21,818
52.637
60,010
6.061
12,618
12.618
1,554
7,417
9,048
1,554
7.417
9,048
12.232
12.232
11,964
325,722
77.514
415,200

STJOHN'S WOOD CHURCH
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
Staff costs
2023
2022
Wages and salaries
Social security costs
Contribution to defined contribution pension schemes
49,110
3,469
1,101
54,495
3.921
1.079
53,680
59,495
The average number of persons employed by the charity during the year was as follows..
2023
2022
No.
ee number5
Office staff
No employee re￿iVed remuneration amounting to more than £60.000 in either year.
There are no significant disclosu￿ transactions in respect of PCC members. persons closely
connected with them or any other related parties.
10. Trustees, remuneration and expenses
During the year, no Trustees received any remuneration or other benefits {2022- £NILI.
During the year ended 31 December 2023. no Trustee expenses have been in¢urred12022 - £
NIL).

ST JOHN'S WOOD CHURCH
NOTES TO THE FINANCIAL STATEMENTS
FOR THEY&4R ENDED 31 DECEMBER 2023
11. Tangible fixed assets
Freehold Fixtures and
property
fittings
Total
Cost or valuation
Al 1 January 2023
75,300
9.139
84.439
At 31 De￿mber 2023
75.300
9,139
84,439
reciation
Ai 1 January 2023
Charge for the year
4,733
559
4,733
559
At 31 December 2023
5,292
5.292
Net book value
Al 31 De￿mber 2023
75.300
3.847
79,147
At 31 December 2022
75,300
4,406
79,706
The freehold land and buildings comprise the Church Hall and the property located at 3
Cochrane Street. London, NW8. These were last revalued for insurance PUTPOSes during 2017
at £3,136.000.
12. Fixed asset investments
Listed
investments
Cost or valuation
At 1 January 2023
Revaluations
292,087
1,097
At 31 De￿rnber 2023
293,184
Net book value
At 31 December 2023
293,184
Al 31 De￿mber 2022
292,087

STJOHN'S WOOD CHURCH
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
Cost
Value
2023
Value
2022
Restricted
CBF Church of England Investment Fund - Income
Shares
58,812
61,985
56.379
Unreslricled
M&G Charifund Income
M&G Charibond
74,158
213,561
218.700
94,158
231,199
235,708
152,970
293,184
292,087
13. Debtors
2023
2022
Due within one
Trade debtors
Other debtors
Prepayments and accrued income
ear
24,847
16,822
18.078
9,878
27,442
17.943
59,747
55,263
14. Creditors: Amounts falling due within one year
2023
2022
Trade creditors
Pension payable
Other creditors
Accruals and deferred income
1,308
211
4,390
14,856
502
561
4,390
20.894
20,765
26,347

ST JOHN'S WOOD CHURCH
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
15. Financial instruments
2023
2022
Financial assets
Financial assets measured at fair value through income and
expenditure
293,184
292,088
Financial assets measured al fair value through In￿Me and expenditure comprise fixed asset
investments.
?7

STJOHN'S WOOD CHURCH
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
16. Statement of funds
Statement of funds - current year
Balance at
31
Gainsl December
(Losses)
2023
Balance at 1
January
2023
Income Expenditure
Unrestricted funds
Desi
naled funds
Fabric Fund
114.283
114,283
General funds
General Fund
523,037
388,470
{464,8811
14.5091
442,117
Total Unrestricted funds
637.320
388,470
1464.8811
14,5091
556,400
Restricted funds
Appeals
Christian
Christma5 Charities
Memorialsl Funerals
Easter Contributions
John Slater Fund
Platinum Jubilee
Ukraine
785
369
789
783
785
1,450
2,016
1,230
11,4501
{1741
1750)
369
2,631
1,263
160
60.682
1,130
1,032
1,776
(782)
11,1301
{1751
5,605
67,281
175
1,032
65.730
6,647
(4,4611
5,605
73,521
Total of funds
703.050
395.117
1469,3421
1.096
629,921
The John Slaler Fund was set up during 2005 as a pemanent fund in tribute to a fomer
incumbent. The funds are held in an individual bank account and are managed by the PCC.
The restricted funds for Appeals, Christian ￿d, Christmas Charities, Memoria151 Funerals,
Easter Contributions, the Platium Jubilee and Ukraine represent special collections after which
the funds are named.
It is the PCC'S practice to sel aside some of its ordinary unrestricted income into a designated
Fabric Fund. When there is significant expenditure on the fabric of the Church or the Hall
complex, this is nomially paid out of the Fabric Fund.

ST JOHN'S WOOD CHURCH
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
16. Statement of funds Iconlinuedl
Statement of funds - prior year
Balance at
1 January
2022
Ba18nce al
31
Gainsl December
(Losses)
2022
Income Expenditure
Unrestricted funds
Desi
naled funds
Fabric Fund
114,283
650
112.6181
102,315
General Fund
581,766
363,891
1395.6791
114,9731
535,005
Total Unrestricted funds
696,049
364,541
1408,2971
114,9731
637,320
Restricted funds
Appeals
Christian
Christmas Charities
Memorialsl Funerals
Easter Contributions
John Slaler Fund
Platinum Jubilee
Ukraine
785
1.354
213
785
1,485
1,097
{2,4701
{521)
369
789
783
160
783
160
60.682
1.130
1,032
67,326
1,584
1.130
4.201
17431
(7,4851
{3,1691
70,621
9,497
16,9031
17,4851
65.730
Totsl of funds
766.670
374.038
1415,2001 (22.4581
703,050

STJOHN'S WOOD CHURCH
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDEO 31 DECEMBER 2023
17. Analysis of net assets between fijnds
An81ysis ot net assets be￿en funds - current year
Un-
restricted Restricted
funds
funds
2023
2023
Total
funds
2023
Tangible fixed assets
Fixed asset investments
Current assets
Creditors due within one year
79.147
231,198
266,820
(20.7651
79,147
293.184
278.355
(20.7651
61,986
11,535
Total
556,400
73,521
629,921
Analysis of net assets between fun(Js - prior year
Un-
restricted Restricted
funds
funds
2022
2022
Total
funds
2022
Tangible fixed assets
Fixed asset investments
cu￿ent assets
Creditors due within one year
79,706
235,708
348,253
{26.347)
79,706
292.088
357,603
{26.3471
56.380
9.350
Total
637,320
65,730
703,050
18. Related paty transactions
During the year, the church received donations from trustees amounting to £4,325 12022:
£7.300).
Paoe 30