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2023-12-31-accounts

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St Mary’s Church

St Mary’s Road Ealing W5 5RH

Annual Report and Financial Statements of Parochial Church Council for year ending 31 December 2023

1

OBJECTIVES and ACTIVITIES

St Mary’s Church was the historic parish church of Ealing. Following changes to the demography of the Borough, especially in the 19th century, St Mary’s is now one of a number of Anglican churches in the London Borough of Ealing. It is within the Willesden Area of the Diocese of London, and in the Archdeaconry of Northolt and the Ealing Deanery.

St Mary’s PCC adopted a strapline in September 2017 and, further to adoption of that strapline, approved and adopted a new Mission Action Plan (MAP) for 2020-2025 to help us to identify what God wants St Mary’s to do in 2023:

Our Vision at St. Mary’s is:

Love God, Serve People, Make Disciples.

We aspire to be a people:

St Mary’s PCC has approved the Ash Wednesday Declaration from Operation Noah “Climate change and the purposes of God: a call to the Church”. St Mary’s achieved the Eco-church Silver Award in 2021. At its meeting of 7 November 2022, the PCC recognised that the global community is in a climate emergency and that it is a vital part of the mission of the church to respond by reducing the Carbon emissions of the Parish of St. Mary’s, Ealing, to NET ZERO by 2030, and to this end the PCC resolved to develop a Net Zero Carbon Action Plan, including a Heat Decarbonisation Plan, by September 2023 using the guidelines and advice included within the Net Zero Carbon Routemap approved by General Synod on 18 June 2022.

ACHIEVEMENTS and PERFORMANCE

LOVE GOD

Worship

The principal act of worship is at 10.30am each Sunday morning and includes each month a “Whole Church Communion” service (for all ages), Holy Communion (on one other Sunday), and two Morning Prayer services. There are occasional Family Communion services, sometimes on the fifth Sunday of the month, or at other times of the year when no children's groups are running. The average attendance on an average Sunday morning [one which is not a major festival or contained in a peak holiday period] is about 100 adults (16+) and about 40 children and teenagers (younger than 16) with a wide spread of ages, experience and ethnicity. The children and teenagers participate in a structured programme of activities appropriate to their age. St Mary’s allows children and young people who have not been confirmed but who have received appropriate preparation to receive communion. Musical worship is a combination of traditional hymns and more modern worship songs led by the music group or from the organ, piano, keyboard or recorded music as appropriate.

The Sunday evening service at 6.00pm serves a smaller but regular congregation, and generally alternates between Services of the Word and Holy Communion. For those seeking a more reflective style of worship, we have continued to conduct a number of Taizé-style evening services and also Celtic services on the first Sunday of the month.

Grace holds services every second Saturday, exploring more contemporary forms of worship and reflection. Grace celebrated its 30[th] anniversary in 2023.

2

Two infants (under 1), four children (1 to 4) and one adult have been baptised at baptism services held as part of a Sunday 10.30am service. Three weddings took place at St Mary’s. There were three funerals at St Mary’s and another two funeral services were conducted (on behalf of this church) at a crematorium or cemetery. In addition, two services of a committal only or a burial of ashes only were conducted from St Mary’s.

Services were offered for Palm Sunday, Maundy Thursday, Good Friday (meditation in the afternoon) and Easter Day. St Mary’s also joined in the ecumenical Walk of Witness for Good Friday morning with members of churches south of Uxbridge Road meeting at St Mary’s to walk up to Christ the Saviour Church via Ealing Green.

A harvest celebration was held on 1 October with food being collected for Ealing Foodbank.

A bereavement service was held at 3pm on 19 November.

A number of special services were held over Advent and Christmas. On 17 December, there was a COSMOS Nativity in the morning (not livestreamed) and a carol service with congregational singing in the evening. A crib service was offered on 24 December together with a midnight communion and then there was a 10.30am service on Christmas Day.

SERVE PEOPLE

Outreach

In 2023, a couple of members of St Mary’s set up a monthly Free Family Dinner to reach out to families who are struggling financially to provide a dinner and some social interaction and also to make connections. 20-30 people (including children) have been attending.

South Ealing Community Food Cupboard (SECFC) was originally set up with the focus of reducing food waste and the associated carbon emissions. SECFC operates in the old vestry and flower room, access from outside; 1 - 3 pm on Mondays (except bank holidays). Surplus food from the supermarkets that would otherwise go to landfill is supplied to SECFC (e.g. via Felix Project) and made available to anyone and everyone from the local area. Sadly, the current financial climate means that the offer of free fresh food is much appreciated by many of those who make use of SECFC.

Babies and Toddlers Group , co-ordinated by Jan Saunders, Liz Everett and Wei Hei Kipling with a team of helpers meets on Tuesday mornings with regularly 20 to 30 adults or more and accompanying children.

Polygonian Friends , co-ordinated by Wayne Leighton with a team of helpers meets on Wednesday lunchtimes to provide opportunities for people of all ages to socialise over refreshments.

Overview of Mission at St Mary’s

St. Mary's is a "Missionary Church," showing real concern for the well- being of our local community, and the wider world through prayer, giving, and involvement.

Each month a different society is the focus of particular attention and prayer, and most are represented by a Mission Secretary from within our congregation. A mission notice board in the Polygon gives information about important aspects of mission. Speakers are invited to speak about mission and their particular society at St Mary’s from time to time.

The mission societies and individuals supported by St Mary’s are chosen to cover a range of needs, locally (“Mission in Ealing” - Ealing and more generally in London), in this country and overseas while keeping the number restricted so that we can focus on each society at different times. With some societies, we are fortunate to have a more personal link through a link mission partner who keeps us informed of their work and whom we can support in prayer as well as financially. Support for mission societies at St Mary’s is co-ordinated by the Mission Support Committee.

3

Mission at St Mary’s in 2023

The particular societies and people we supported in this way in 2023 are:

Relationship with other local churches and organisations in 2023

As well as organisations overseas and the rest of the UK, St Mary’s is keen to support mission more locally, working with other churches and organisations, financially and / or with volunteers

4

Other links with the local community

Hiring of the Church buildings and the Polygon, managed by Isobel Peaty, provides opportunities for outreach to our local community, as well as an income to help with maintenance costs.

The vicar takes occasional assemblies at our local primary school, Grange.

MAKE DISCIPLES

Ourselves

Many people read the bible on their own. It is appreciated that many people may now prefer to access their Bible reading materials online. Some members of the congregation ordered bible study notes from Scripture Union and the Bible Reading Fellowship, through Steve and Debbie Merrill and then Chris Goldsmid.

Various home groups meet for Bible study, prayer and support, including a group which meets on Wednesday mornings at the Vicarage. A support group for those who have lost someone they love was started in February.

St Mary’s decided to offer Alpha courses for enquirers in Spring 2023 and Autumn 2023 and so no specific Lent courses were offered. A reflective service for Lent was offered on the first Sunday evening in March.

St Mary’s continues to offer a Youth Club for children aged 11 and over to come along to the Polygon every other Tuesday evening for games, table tennis, pool and pizza.

We use Fairtrade tea and coffee for all church meetings. After the Sunday morning services, people are encouraged to stay and socialise with refreshments of tea, coffee and biscuits prepared and served by a number of different teams with volunteers of a wide range of ages.

5

REFERENCE AND ADMINISTRATIVE DETAILS

Church office:

St Mary’s Church, St Mary’s Road, Ealing, LONDON W5 5RH

Vicar: The Revd Steve Paynter, Principal bank: CAF Bank Limited (online bank) Independent examiner: Maria Bob, FCCA Investment managers: Church of England Board of Finance Inland Revenue (Gift Aid) reference: XN22839 Charity Commission registration number: 1132026 Environmental Body enrolment number: 984068

STRUCTURE, GOVERNANCE & MANAGEMENT

The membership of St Mary’s

All those associated with St Mary’s are encouraged to register on the Electoral Roll and attend the Annual Parochial Church Meeting. There were 212 people on the revised Church Electoral Roll prepared for the 2023 APCM. Jennie Paynter served as Electoral Roll Officer.

The PCC

The Parochial Church Council (PCC) is responsible for working with the clergy to promote, within the parish and beyond, the mission of the Church: pastoral, evangelistic, social and ecumenical. It manages the church’s finances and is also responsible for the maintenance and management of the church building, associated buildings and churchyard (which are, in law, the property of the incumbent). It also owns two properties – 38 Airedale Road, and Flat 16, Gerrards Court – which are vested in the London Diocesan Fund.

When there is a vacancy, it works with the Bishop to secure the appointment of a new incumbent.

Some members of the church are members of the PCC by virtue of their office, or because they are members of other bodies, in accordance with Church Representation Rules. The remainder are elected at the Annual Parochial Church Meeting.

In 2023, the PCC met nine times in person. The following served as members:

Ex-officio members:

Ex-officio members:
Vicar The Revd Steve Paynter
Assistant Vicar The Revd Wai Meng Chow (SSM)
The Revd Alex Volossevich (SSM)
Commissioned Lay Minister Angela Barnfather
Church Wardens To May 2023 Beverley Everett, Brian Everett
from May 2023 Ruth Wheeldon
Members of Deanery Synod Wei Hei Kipling, Jennie Paynter (both re-elected 2023)
To May 2023 Jean Place, Grant White
From May 2023 Brian Everett

Elected Members: Anthony (Tony) Chambers Marijana Cranmer (from May 2023 / 2yr term) Steve Cripps

6

Cliff Gardiner (re-elected 2023) David Morrow Charlie Hawes Tom Russell (from Jul 2023 / 1yr term) Nigel Houghton (from May 2023) Alison Shaw (to May 2023) Julia James Wilma White (from May 2023) Magdalene Lagu (to Feb 2023) Antje Whitehurst Wayne Leighton (from May 2023)

The Vicar is Chair. There was no Lay Vice Chair in 2023. Wei Hei Kipling was appointed PCC Secretary and David Morrow as PCC Treasurer.

The PCC is a corporate body established by law; it operates under the Parochial Church Council Powers Measure 1956. The PCC is now registered with the Charity Commission, as required by the Charities Act 2006.

The PCC is required by law to appoint a PCC Standing Committee , which has power to transact its business between meetings, subject to any directions it may give. During 2023, the members of the Standing Committee were: Steve Paynter, Beverley Everett (to May 2023), Brian Everett (to May 2023), Wei Hei Kipling, Magdalene Lagu (to Feb 2023), David Morrow, Ruth Wheeldon (from Feb 2023) and Wilma White (from May 2023)

Teams:

The detailed life of the church is overseen by a number of Teams, which are set up by and make recommendations to the PCC. During 2023 the Teams were as follows:

7

HOW WE DO WHAT WE DO

Staff and Volunteers

The vicar is paid a stipend by the Diocese, to which the Church pays a full contribution. The church administrator employed by the church is paid from the Parish finances.

All others contributing to the life of St Mary’s (including the assistant vicars (SSM), lay commissioned minister, Church wardens, Treasurer, PCC secretary, musicians and COSMOS leaders) are volunteers. A list of volunteer teams contributing to the life of St Mary’s is attached as Appendix 1.

Communication and Social Interaction

St Mary’s used a number of ways of enabling communication and social interaction in 2023

Buildings

Normal servicing of the church and polygon continued throughout 2023. Our small but dedicated garden team ensured our church garden remained an attractive and well used space.

The Quinquennial survey was carried out during June. It is pleasing to note that the report from this survey concludes our buildings and grounds remain in good condition. Inevitably some works have been identified and our fabric team are working up a phased plan of action for these.

Towards the end of the year work commenced on converting the Narthex into our creche and the creche into a dedicated prayer room. This work was completed in January 2024 and has created attractive spaces for us to use.

Following careful, prayerful and detailed discussion the PCC decided to sell our residential house 38 Airedale Road, because of the amount of work needed on the property. Having secured vacant possession, the property was put on the market during May. An acceptable offer was received and accepted at the end of the year and solicitors instructed to complete the sale. The PCC will use the proceeds to purchase a suitable fully refurbished house to be available for future staff needs. Our other property in Gerrards Court has been let throughout 2023.

FINANCIAL REVIEW for 2023

Total income on ordinary unrestricted funds was £210,335 (2022 - £212,036), total expenditure was £204,359 (2022 - £172,035), gain on investment was £2,257 giving a net income of £8,233 (2022 - £36,801) for the year before transfers, and are detailed in the Financial Statements attached. After removing the effect of depreciation, which is a book keeping entry required by the Charities Act and does not involve the movement of funds, there was net income for the year of

8

£11,209 (2022 – £39,777) on unrestricted funds. Regular giving has been very much as forecast at the beginning of the year. Overall giving was similar in 2023 and 2022, but higher legacies were offset by lower rental income on 38 Airedale Road as it was put up for sale.

Units in the CBF Investment Fund have been held as investment assets for many years. There was no change in the number of Units held but due to market conditions this has increased in value by £2,257 to £26,245 at the end of the year.

The main restricted fund related to the Polygon refurbishment that had been successfully carried out during 2019 and early 2020. We had a deficit on this fund at the start of the year of £19,513; a further £8,143 was received during the year with £27 of expenses leaving a deficit on this fund of £11,397. The planned giving for this project has now ended so the fund has been closed with a transfer of this amount from our general fund to set it to zero.

The other restricted funds are the Vicar’s Discretionary Fund, and the Mission Fund, which are all carrying forward undistributed funds for future projects. Mission societies are supported by direct allocation by donors of part of their stewardship scheme giving. In addition, there was £3,210 available for allocation by the PCC on the recommendation of the Mission Support Committee.

The need for realisable reserves to cover the costs of any emergency building works has been recognised, and the PCC has expressed the view that £77,000 should be retained in the General Fund reserves. At the end of 2023 the realisable general reserves carried forward were £213,255.

The 2024 budget shows a deficit of £38,158 before depreciation, this is driven by the fact that 38 Airedale Road is on the market, the budget has not assumed a sale or any rental income from that property or any replacement that may be purchased. This represents a loss of income of about £20k for the year. There are also a number of one-off expenses in the 2024 budget including £12k for works to the vicarage as part of the interregnum and £6.5k for improving the website & introducing ChurchSuite as part of our IT costs. Together these items account for the total of the deficit amount.

RISK STATEMENT

St Mary’s has complied with our duty under section 5 of the Safeguarding and Clergy Discipline Measure 2016 (duty to have due regard to House of Bishops’ guidance on safeguarding children and vulnerable adults). In accordance with the recommendation of the Diocese of London, the PCC has adopted the PCC Safeguarding Policy Statement with Marijana Cranmer as Children’s Champion and Steve Cripps as Church Safeguarding Officer (including responsibility for vulnerable adults and for Disclosure and Barring Service checks). By complying with best practice, the risks of unsuitable people being involved with children are minimised. The hiring agreement for organisations using our buildings includes a requirement for those organisations that work with children to abide by the PCC Safeguarding Policy.

The incumbent and PCC member Charlie Hawes are responsible for data protection at St Mary’s and our compliance with the requirements of the General Data Protection Regulations 2018. The PCC has Parishguard insurance cover with Ecclesiastical Insurance.

The major risks to which the PCC is exposed, as identified by the PCC, have been reviewed and systems have been established to mitigate those risks. Those risks are reviewed on a periodic basis. A Health and Safety Policy was approved by the PCC in December 2023. When concerns about Covid 19 were raised in March 2020, a contingency plan was prepared. Risk assessments relating to public worship and other activities during the restrictions were prepared by the churchwarden(s) with approval by the PCC Standing Committee formally delegated from the PCC in September 2020.

9

Appendix 1

Teams of Volunteers contributing to the life of St Mary’s

10

PAROCHIAL CHURCH COUNCIL OF ST MARY'S CHURCH, EALING

Report & Accounts for the year ended 31st December 2023

PAROCHIAL CHURCH COUNCIL OF ST MARY'S CHURCH, EALING

Statement of Financial Activities

For the year ended 31 December 2023

Statement of Financial Activities
For the year ended 31 December 2023
Notes
Income and endowments from
Donations and legacies
2a
Other trading activities
2b
Investments
2c
Charitable activities
2d
Other income
2e
Total income and endowments
Expenditure on
Raising funds
3a
Charitable activities
3b
Total expenditure
Gains/(losses) on investment assets
6
Net income/(expenditure)
Transfers between funds
Net incoming/(outgoing) resources after transfers
Other recognised gains/losses
Gains/(losses) on revaluation of fixed assets
6
Net movement in funds
Total funds brought forward at 1 January 2023
Total funds carried forward at 31 December 2023
TOTAL
TOTAL
Unrestricted
Restricted
FUNDS
FUNDS
Funds
Funds
2023
2022
£
£
£
£
138,998
40,305
179,303
166,188
36,148
-
36,148
33,205
28,765
27
28,792
40,567
6,424
-
6,424
7,099
-
-
-
750
210,335
40,332
250,667
247,809
8,491
-
8,491
7,450
195,868
32,321
228,189
188,663
204,359
32,321
236,680
196,113
2,257
-
2,257
(3,200)
8,233
8,011
16,244
48,496
(11,652)
11,652
-
-
(3,419)
19,663
16,244
48,496
-
-
-
-
35,000
-
35,000
(50,000)
31,581
19,663
51,244
(1,504)
1,361,674
(19,335)
1,342,339
1,343,843
1,393,255
328
1,393,583
1,342,339

Page 1

PAROCHIAL CHURCH COUNCIL OF ST MARY'S CHURCH, EALING

Balance Sheet at 31 December 2023

Notes
FIXED ASSETS
Church Owned Properties
38 Airedale Road
16 Gerrards Court
Assets for Church Use
Pew Benches
Electronic Organ
Sound System
Liturgical Furniture
Video System & Screens
Hassocks
Tangible fixed assets
5
Investments
6
TOTAL FIXED ASSETS
Current assets
Debtors and prepayments
8
CBF Deposit Fund
Cash at bank and in hand
Creditors: amounts falling due within one year
9
Net current assets
NET ASSETS
FUNDS
7
Restricted funds
10
Unrestricted funds
10
17,311
105,000
135,075
17,311
105,000
135,075
2022
£
725,000
375,000
12,000
-
-
9,760
-
-
1,121,760
23,988
1,145,748
19,390
5,000
199,850
224,240
(27,649)
196,591
1,342,339
(19,335)
1,361,674
1,393,583 1,342,339
0.670

Approved by the Parochial Church Council on 11 March 2024 and signed on its behalf

Julia James

---- Lay Vice-Chair as St Mary's is in a vacancy Chair

The accompanying notes form a part of these financial statements.

Page 2

PAROCHIAL CHURCH COUNCIL OF ST MARY'S CHURCH, EALING

Notes to the Financial Statements for the year ended 31 December 2023

Note 1- Accounting policies

1a Accounting convention

The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015) - Charities SORP (FRS 102) as amended by Update Bulletin 1, the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011 and UK Generally Accepted Practice as it applies from 1 January 2015. The accounts (financial statements) have been prepared to give a 'true and fair' view. This departure has involved following Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014 rather than the Accounting and Reporting by Charities: Statement of Recommended Practice effective from 1 April 2005 which has since been withdrawn. As St Mary's is a small charity under Charities SORP (FRS 102) as amended by Update Bulletin 1 we have not prepared a cash flow statement.

The financial statements have been prepared under the historical cost convention as modified by the inclusion of investments at market value and the revaluation of fixed assets. The financial statements include all transactions, assets and liabilities for which the PCC is responsible in law. They do not include the accounts of church groups that owe their affiliation to another body, nor those which are informal gatherings of church members.

1b Funds accounting

Funds held by the PCC are:

Unrestricted funds - general funds which can be used for PCC ordinary purposes

Restricted funds - a) income from trusts or endowments which may be expended only on those restricted objects provided in the terms of the trust or bequest; b) donations or grants received for a specific object or invited by the PCC for a specific object. The funds may only be expended on the specific object for which they were given. Any balance remaining unspent at the end of the year is carried forward as a balance on that fund.

1c Incoming resources

All incoming resources are accounted for gross.

Voluntary Income

Collections are recognised when received.

Planned giving receivable is recognised only when received. Income tax recoverable on Gift Aid donations is recognised when the income is recognised. Grants and legacies are recognised when the PCC is legally entitled to the amount due.

Income from investments

Dividends are accounted for when due and payable. Interest entitlements are accounted for as they accrue.

All other income

All other income is recognised when it is receivable.

Gains and losses on investments

Realised gains are recognised when the investments are sold. Unrealised gains and losses are accounted for on revaluation on 31 December.

Page 3

PAROCHIAL CHURCH COUNCIL OF ST MARY'S CHURCH, EALING

Notes to the Financial Statements for the year ended 31 December 2023

1d Resources used

Resources expended are accounted for on an accruals basis and are accounted for gross.

Grants

Grants and donations are accounted for when paid over, or when awarded where the award creates a binding obligation on the PCC.

Church Activities

The diocesan parish contribution is accounted for when paid. Any parish contribution unpaid at 31 December is provided for in these accounts as an operational (though not a legal) liability and is shown as a creditor in the balance sheet.

Liabilities

Liabilities are recognised as soon as the legal or constructive obligation arises.

1e Fixed Assets

Tangible fixed assets

Consecrated and beneficed property of any kind is excluded from the accounts by s.96(2) of the Charities Act 1993.

Movable church furnishing held by the Vicar and Churchwardens on special trust for the PCC and which require a faculty for disposal, are accounted for as inalienable property unless consecrated. They are listed in the church's inventory which can be inspected. For inalienable property acquired prior to 2002 there is insufficient cost information available and therefore such assets are not valued in the accounts. Individual items acquired since 2002 have been capitalised in the accounts and depreciated over their useful economic life (see note (d) ).

All expenditure on consecrated or beneficed buildings and individual items costing under £5,000 are written off in the year they were incurred.

Depreciation

Depreciation is calculated to write down the cost of tangible fixed assets, excluding freehold properties, over their expected useful lives. The rates generally applicable are:

Pew Benches & Liturgical Furniture Electronic Organ, Screens, Sound & Video System, Hassocks

4% straight line 10% straight line

No depreciation is provided on freehold property as it is the PCC's policy to maintain these assets in a continual state of sound repair. The useful economic life of these assets is so long and residual values so high that any depreciation would not be material. These assets will be subject to annual impairment reviews. Provision will be made if there has been any permanent diminution in value.

Investments

Investments are stated at market value at the balance sheet date.

1f Current Assets

Amounts owing to the PCC at 31 December in respect of fees, rents or other income are shown as debtors, less provision for amounts that may prove uncollectible.

Short-term deposits include cash held on deposit either with the CBF Church of England Funds, or at the bank.

Page 4

PAROCHIAL CHURCH COUNCIL OF ST MARY'S CHURCH, EALING

Notes to the Financial Statements for the year ended 31 December 2023

Note 2 - Income and endowments
2a
Donations and legacies
Planned giving
Gift Aid donations
Tax recoverable
Other Giving
Collections at services plus tax recoverable
Sundry donations plus tax recoverable
Legacies
2b
Other trading activities
Church & hall lettings
Fundraising events
2c
Income from investments
Dividends (CBF Investment Fund)
Interest (Bank and other)
Rental income from 38 Airedale Road
Rental income from 16 Gerrards Court
2d
Income from Charitable activities
Fees from weddings etc
Bookstall and ancilliary trading
2e
Other income
Grants
Grant - listed places of worship
Other Grants
Total income and endowments
TOTAL
TOTAL
Unrestricted
Restricted
FUNDS
FUNDS
Funds
Funds
2023
2022
£
£
£
£
77,878
27,347
105,225
110,985
23,036
4,242
27,278
26,889
11,366
8,716
20,082
15,067
4,068
-
4,068
262
2,650
-
2,650
5,485
20,000
-
20,000
7,500
138,998
40,305
179,303
166,188
36,148
-
36,148
33,205
-
-
-
-
36,148
-
36,148
33,205
717
-
717
713
1,183
27
1,210
138
8,865
-
8,865
21,900
18,000
-
18,000
17,816
28,765
27
28,792
40,567
3,379
-
3,379
4,678
3,045
-
3,045
2,421
6,424
-
6,424
7,099
-
-
-
750
-
-
-
-
-
-
-
-
-
-
-
750
210,335
40,332
250,667
247,809

Page 5

PAROCHIAL CHURCH COUNCIL OF ST MARY'S CHURCH, EALING

Notes to the Financial Statements for the year ended 31 December 2023 (Cont'd)

Note 3 - Expenditure
3a
Expenditure on Raising Funds
Bookstall and ancilliary trading
Estate agent's letting costs
Refurbishment 16 Gerrards Court
Other letting costs
3b
Expenditure on Charitable activities
Missionary and charitable giving:
Overseas: Missionary societies
Relief and development agencies
Home missions and other church societies
Ministry costs:
Diocesan parish contribution
Other clergy costs
Community outreach costs
Upkeep/refurbishment of properties
Insurance
Church utility costs
Cleaning
Church maintenance
Fees out
Upkeep of services
Upkeep of churchyard
Support costs - parish training
Support costs - education
Church hall running costs & repairs
Narthex/creche refurbishment
Away Days & Christian Festivals
Lay Staff salaries
Printing, postage & stationery
Telephone
Website & computer costs
Independent Examination fee
Bank charges
Depreciation of fixed assets
Total expenditure
TOTAL
TOTAL
Unrestricted
Restricted
FUNDS
FUNDS
Funds
Funds
2023
2022
£
£
£
£
2,002
-
2,002
1,904
2,621
-
2,621
5,960
-
-
-
(2,004)
3,868
-
3,868
1,590
8,491
-
8,491
7,450
-
11,126
11,126
7,541
-
9,164
9,164
5,642
-
12,004
12,004
10,895
96,553
-
96,553
94,657
1,137
-
1,137
558
-
-
-
-
-
-
-
-
8,045
-
8,045
6,490
12,836
-
12,836
7,779
6,135
-
6,135
4,369
12,627
-
12,627
8,895
2,332
-
2,332
1,912
1,998
-
1,998
1,490
-
-
-
3,960
30
-
30
40
757
-
757
-
1,383
-
1,383
4,906
27,224
-
27,224
-
-
-
-
-
17,349
-
17,349
24,009
1,467
-
1,467
1,877
504
-
504
1,172
1,486
-
1,486
(945)
700
-
700
-
329
27
356
440
2,976
-
2,976
2,976
195,868
32,321
228,189
188,663
204,359
32,321
236,680
196,113

Page 6

PAROCHIAL CHURCH COUNCIL OF ST MARY'S CHURCH, EALING

Notes to the Financial Statements for the year ended 31 December 2023 (Cont'd)

Note 4 - Staff Costs
4a Wages and salaries
Social security costs
Pension costs
2023
2022
£
£
17,075
21,876
-
1,762
274
371
17,349
24,009

4b Payments to PCC members

There were no payments to PCC members other than for reimbursed expenses.

Note 5 - Tangible Fixed Assets
Cost or valuation
At 1 January 2023
Additions
Disposals
Revaluation
At 31 December 2023
Depreciation
At 1 January 2023
Provided in the year
Disposals
At 31 December 2023
Net book amounts
At 31 December 2023
At 31 December 2022
Church owned
Church
Properties
equipment
£
£
1,100,000
208,342
-
-
-
-
35,000
-
1,135,000
208,342
-
186,582
-
2,976
-
-
-
189,558
1,135,000
18,784
1,100,000
21,760
TOTAL
£
1,308,342
-
-
35,000
1,343,342
186,582
2,976
189,558
1,153,784
1,121,760

The freehold land and buildings comprise a freehold house in Airedale Road and a leasehold flat in Gerrards Court (approximate valuation by estate agent without viewing as at 31/12/23)

Note 6 - Investments

CBF Investment Fund - Market value 1 January 2023
Disposals at carrying value
Purchases at cost
Net (Loss)/Gain on revaluation
Market value 31 December 2023
£
23,988
-
-
2,257
26,245

Page 7

PAROCHIAL CHURCH COUNCIL OF ST MARY'S CHURCH, EALING

Notes to the Financial Statements for the year ended 31 December 2023 (Cont'd)

Note 7 - Analysis of Net assets by fund

Note 7 - Analysis of Net assets by fund
Unrestricted Restricted Total Funds
Funds Funds 2023
£ £ £
Fixed assets for church use 1,153,784 - 1,153,784
Investment fixed assets 26,245 - 26,245
Current assets 233,095 24,291 257,386 (1)
Current liabilities (19,869) (23,963) (43,832)
1,393,255 328 1,393,583
Note 8 - Debtors
2023 2022
£ £
Prepayments and accrued income 17,311 19,390
Other debtors - -
17,311 19,390
Note 9 - Creditors: amounts falling due within one year
2023 2022
£ £
Accruals and deferred income 18,564 4,691
Mission Fund 23,963 22,958
Other creditors 1,305 -
43,832 27,649
Note 10 - Statement of funds
Unrestricted Fund
General fund
Restricted Fund
Mission
Vicar's Discretionary
Churchyard Restoration
Church Hall Refurbishment
St Marys Night Shelter
Other Restricted
Total funds
Bal b/fwd
Income
Expenditure
Transfers,
Bal c/fwd
1 Jan 2023
other gains
31 Dec 2023
and losses
£
£
£
£
£
1,361,674
212,592
(204,359)
23,348
1,393,255
1,361,674
212,592
(204,359)
23,348
1,393,255
-
32,189
(32,294)
105
(0)
88
-
-
88
-
-
-
-
-
(19,513)
8,143
(27)
11,397
(0)
(150)
-
-
150
-
240
-
-
-
240
(19,335)
40,332
(32,321)
11,652
328
1,342,339
252,924
(236,680)
35,000
1,393,583
~~Page 8~~
PAROCHIAL CHURCH COUNCIL OF ST MARY'S CHURCH, EALING
Notes to the Financial Statements for the year ended 31 December 2023 (Cont'd)
Note 11 - Donations to Outside Causes (Mission Fund)
2022
£
CHURCH SUPPORTED
660
A Rocha
367
Bible Society
833
Christian Aid
27
CAP Ealing
2,776
Church Army
1,661
CMS (Church Mission Society)
1,918
Interserve
0
Neema Crafts, CMS
1,456
SAT-7
60
OMF (Overseas Missionary Fellowship)
2,570
Prison Fellowship
3,329
Tearfund
15,657
PCC ALLOCATED PAYMENTS Mission
600
Gifts to Linked Mission Partners
900
Mission Partner Support, Interserve
900
Neema Crafts, CMS
0
Ukraine mission
279
SAT 7
2,679
PCC ALLOCATED PAYMENTS re Ealing Mission
600
St John's Southall English classes for immigrant women
0
Soup kitchen (St John's Ealing)
600
City Harvest
400
Dementia concern
1,000
CAP (Ealing)
800
Oxford Kilburn OK Club
318
Street Pastors
3,718
SPECIAL EVENTS AND COLLECTIONS
580
Ukraine mission
461
St Mary's Food Cupboard
30
Christians Together in Ealing
103
Childrens Society
0
Turkey-Syria Earthquake appeal
300
Tearfund Afghanistan
50
Prison Fellowship Angel Tree
0
Diabetes UK
0
BHF
500
Salvation Army
2024
24,078
£
£
803
101
1,852
1,050
1,667
1,774
1,979
2,500
2,102
60
2,705
2,805
19,398
600
500
1,500
300
310
3,210
679
200
579
579
879
679
0
3,595
3,383
879
30
441
524
0
0
167
167
500
6,091
32,294
2023
£
£
803
101
1,852
1,050
1,667
1,774
1,979
2,500
2,102
60
2,705
2,805
19,398
600
500
1,500
300
310
3,210
679
200
579
579
879
679
0
3,595
3,383
879
30
441
524
0
0
167
167
500
6,091
32,294
2023
32,294

Page 9

INDEPENDENT EXAMINER'S REPORT TO THE PAROCHIAL CHURCH COUNCIL 0F ST MARY’S CHURCH EALING FOR THE YEAR ENDED 31 DECEMBER 2023

I report to the trustees on my examination of the accounts of the Parochial Church Council of St Mary’s Church Ealing for the year ended 31 December 2023.

Responsibilities and basis of report

As the charity trustees of St Mary’s Church you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).

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

Independent examiner’s statement

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

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

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

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

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

Maria Bob

Maria Bob, FCCA Association of Chartered Certified Accountants 15 Beaconsfield Road London W5 5JE

Date: 17[th ] of March 2024