Holy Trinity Wealdstone
Annual Report and Financial Statements
of the Parochial Church Council
for the year ended 31 December 2023
Administrative Information
Holy Trinity Wealdstone is situated in the middle of Wealdstone Town Centre. The parish is part
ofthe Deanery of Harrow, the Archdeaconry of Willesden, and the Diocese of London.
The correspondence address is: Holy Trinity Church. The Parish Office, IA Headstone Drive.
Wealdstone. Harrow, Middlesex, HA3 5QX.
The following served as members of the PCC of HolyTrinity Wealdstone from 01 January 2023 to
31 December 2023.
{# indicotes members of Standing Committee)
Incumbent-
# Reverend Simon Johnson {from 22 Jun 2022)
# Maurice Woodbridge
(from APCM 24 Apr 20161
# John Highcock
(from APCM 29 Apr 20181
Churchwardens:
Representatives on the Deanery Synod:
# Alison Stowe
# Lynne Jones
{from APCM 23 Apr 2023)
(from APCM 23 Apr 20231
Elected Members:
Anne Russell
Yvonne Chisholm
Beverley Sterling
# Lynne Jones
# Shyami Ransley
(Secretary) (from APCM 24 April 20221
{until APCM 28 Mar 20231
3 years
(from APCM 28 Mar 20231
3 years
(from APCM 18 Oct 20201
{from APCM 23 April 20231
3 years
Bankers:
Co-operative Bank. PO Box 600. Delf House,
Skelmersdale, WN8 6GF
Architect..
Clive England of Thomas Ford & Partners
177 Kirkdale. Sydenham. London SE26 4QH
Independent Examiner:
Derek Taylor-mew FMAAT. 123 Park Lane. South Harrow. HA2 8NN.
Page l of 11

Structure, governance, and management
The Parochial Church Council IPCCI is a corporate body established by the Church of England. The PCC
operates under the Parochial Church Council Powers Measure. The PCC is registered as Charity
No 1132680 with the Charity Commission.
The method of appointment of PCC members is set out in the Church Representation Rules. All Church
attendees are encouraged to register on the Electoral Roll and stand for election to the PCC.
At the beginning of each new PCC an introduction to the workings of the PCC is given to each member.
Following the APCM in 2008 members are given annually an electronic or paper copy of the 'Health
and Safetv and 'Child Protection. procedures. Members are encouraged to go on training courses,
such as those arranged by the Diocese and Deanery. and report back to the PCC.
The PCC has a Standing Committee ISCI made up of Clergy. Bishops, Officers, Secretary. Treasurer and
2 other PCC members. Membership is indicated at # above. The Standing Committee has the power
to transact the business of the PCC between its meetings. Subject to any directions given by the PCC.
The major risks to which the PCC is exposed. as identified by PCC members, have been reviewed and
systems or procedures where appropriate have been established to manage those risks.
Holy Trinity Wealdstone Reserves Policy
Our current reserves policy as it stands is to continue to hold £6,0(Xl in our (deposit account which wa5
the total remaining capital repayment on our stonework loans as of 31 December 2023.
The significant reduction from previou5 years is entirely due to buildings related expenditure during
2023. The total in the deposit account at the end of 2023 wa5 £11,737.
Objectives and Activities
The primary object of the PCC is the promotion of the Gospel of our Lord Jesus Christ according to the
doctrine and practices of the Church of England. Furthermore, the PCC has the responsibility of
co-operating with the Incumbent. in promoting in the ecclesiastical parish the whole mission of the
church- pastoral, evangelistic. social. and ecufflenical.
Across 2023 we have continued to seek to embody our Mission Action Plan. which can be 5ummarised
as-"HolyTrinityWealdstone= Meet with God: Make Friends- Followjesus" in our common life.
Achievements and performance
The PCC met li times during 2023 to oversee the life and ministry of Holy Trinity Church within the
parish of Wealdstone.
New PCC members were appointed in the APCM meeting on 23rd April 2023: Yvonne Chisolm.
Beverley Sterling and Shyami Ransley stood and were duly elected to the PCC.
Each meeting opened and c105ed with prayer.
The regular items on the agenda were Finance, Health and Safety. Safeguarding and Building
maintenance and 2 Earls Crescent. During the year lots of discussions about the work needed to bring
2 Earls Crescent back into the standard required to rent out. This has now been completed and it has
been agreed that the property would be rented by Harrow Council for three year5. This brought with it
funding of £15,OCK) towards the cost of the repairs and maintenance required.
Challenges regarding the behaviour of the shops have been brought to the attention of the PCC at
different stages throughout last year, with situations ongoing.
Anne Russell, PCC Secretary
Page 2 of 11

Financial Review - Treasurer's Report for the year ending
31 December 2023
Firstly, thank YOU for your continued commitment to supporting Holy Trinity. and particularly to those
who have increased their standing orders during the year. We still enjoy the generosity of two couples
who left HT a long time ago.
There was a deficit for 2023 of £57.344. This is larEely in connection with the Church house at 2 Earls
Crescent which has been unoccupied since September 2022, needing much work to bring it to current
standards for letting a property.
Income
It must be noted that £20,000 has been withdrawn from the deposit fund and £10,000 has
been borrowed from the Children and Family Worker fund in order to Support cash flow. This
latter amount needs to be repaid.
Planned giving is £2,6LXJ down. There had been a one-off gift of £2,0(X) in 2022. Three giving
units have moved away since 2022 and I person died in 2023.
There were 3 specific gifts given - 2 totalling £15,0(M) to repay the diocesan interest-bearing
loan and I to pay for tree pollardin& all to be gift aided. These off-set expenditure.
A legacy of £500 was donated in memory of Peter Bowler.
The Harrow deanery awarded a grant of £l.(KK) for evangelism.
£700 raised by sales of produce and other items to help with the repayment of loans.
Loss of rent from 2EC- £20,400
Quarter 4 shop rental income for one of the units was not accepted following advice from the
solicitor recommended by the Diocese.
Expenditure
Again major efforts have been made to reduce costs.
Common Fund IParish Sharel was £67.(KK). This amount is less than requested by the Diocese.
Clergy expenses reflect the c05t of a replacement laptop for Simon.
As expected ga5 and electricity are much higher than 2022 for the church and church flat.
Maintenance includes the church centre kitchen water heater1£2,0001, heater5 in room 3
1£4.6801 and flat roof over hall kitchen1£7441.
The overall cost for 2 Earls Crescent for 2023 is £44.300.
BUDGET 2024
The PCC agreed to a budgeted surplus of £3.954.
Income
The major item affecting the budget is 2 Ear15 Crescent. Thi5 budget shows income for 10
months @ £1,750 per month and receipt ofa grant from the London Borough of Harrow of
£15.000.
The budget for planned giving and rental income is based on known amounts.
No rental income for shop number 11 has been included and it must be noted that the church
may face a high legal bill in order to resolve the problems.
Page 3 of 11

Expenditure
Common Fund (Parish Share}- increased to £70.1￿1.
Maintenance includes an amount of £S.(KK) to replace heaters in church.
All other items are in line with inflation.
REPAYMENT OF LOANS FOR THE CHURCH STONEWORK
The diocese loan was repaid in full by the end of 2023 due to 2 generous donations.
The area loan ha5 £6,CNJO owing and will be cleared in June 2025.
RESERVES
There is an amount of £11,737 in the deposit account. £6,CMX) is held against repayment of the area
loan.
Pat Horn, Acting PCC Treasurer
The following accounts were approved by the Parochial Church Council on 6 February 2024 and signed
on its behalf by..
Anne Russell. PCCSecretory
Page 4 of 11

Holy Trinity Church Wealdstone
Income and Expenditure account
For the year ending 31 December 2023
Budget 2024
Artual 2023
Actual 2022
INCOME
Planned Giwng
Loose plate collection5
Special collections
Legacies not restricted
Specific gifts- stonework repairs
Specific gifts- tree pollarding
Deanery Mission Grant for evangelism 2023
Car park permit deposit
LDF energy grant 2022
Gift Aid recovered
Service Fees
30,500.00
3.500.00
31.794.50
4.434.78
255.00
500.00
15.699.61
540.
i.000.00
10.00
34.423.03
3.687.30
354.33
655.90
2,641.IX)
6,610.83
155.00
48.527.39
5,390.1XJ
150 CKI
39.540.th)
10,516.81
438.00
65.188.70
TOTAL MINISTRY INCOME
Churth Hall lettings
2EC
2EC grant from Harrow Counal
Church Flat
Shops
30.385.00
17.500.00
15.000.00
15.000.00
36,820.00
114.705.rx)
27.734.00
39.278.83
11.701.10
15,Th)O.00
41.473.84
84,207.84
15,Tr)O.00
42.820.00
108,799.93
TOTAL RENTAL INCOME
Children and Family Worker income
Children and Family Worker Gift Aid
CCLA income- bank interest
HOTEC income
Toddlers income
Traidcraft income
Together on Wednesdays
4.976.
1,244.Th1
2iXJ.(KJ
5,346.00
1,336.50
1,084.24
5,401.00
1,350.25
527.65
575.77
2.414.73
163.98
TOTAL OTHER INCOME
6.420.LN)
8,349.51
9,857.61
TOTAL INCOME
160.665.00
157.746.05
167.184.93
Page 5 of 11

Holy Trinity Church Wealdstone
Income and Expenditure account
For the year ending 31 December 2023
Budget 2024
Artual 2023
Artual 2022
EXPENDITURE
Common Fund
Subs to Bereavement Care
PCG IO% to missionary societies
Special collections
70.CW.
2¢J).
67.000.00
200.(K)
3.088.00
255.00
65.¢kn1.00
200.00
3.027.00
385.00
TOTAL GIVING TO OTHER BODIES
Adrninistrators. salary costs
Clergy expenses
Visiting speakeislclergy
73.2￿).
70.$43.00
68.612.00
17,726.37
2.300.96
5S.00
15.718.73
417.30
i.(J)J.
TOTAL STAFF EXPENSES
20.050.(M)
20.082.33
16.136.03
Equipment
Phtsne and network
Photocopier
Postage & stationery
Software licences
2LN).
370.37
122.32
i.ryx).(K)
997.40
539.39
108.41
1,568_08
997.34
638.43
137.99
1,563.71
3.459.79
150.IXI
2.tMJ).(KI
TOTAL ADMIN COSTS
4,050.
3,583.65
Equipment and supplies
Evangelrsm
Training
Hospitality
Childrerb's activities
5CM).LX)
476.62
188.65
705.
294.66
250.
111.321
708.90
277.50
3C¥).IXI
TOTAL MINISTRY Cosrs
1.505.(K)
1.009.96
1.175.05
Gas
7.800.C
4.5(M).crf)
7,353.22
4.945.47
605.48
6,948.36
11.OLK).93
11.682.76
26.560.84
2.750.89
2.179.21
577.46
Water
Insurance
Cleaning
Maintenance
Stonework repayment of loans
TOTAL CHURCH PREMISES cosrs
2EC- inSuran￿/malntenan(e
Vicarage maintenance
Vicarage- interregnum
Vicarage- watef
Church Flat- gas
Church Flat- electric
Church Flat water
Church Flat- council tax
Church Flat- maintenance
5.515.
11.796.LX)
9.7(M).W¥
4.LKK).QI
4.065.55
9.699.79
12,440.63
8,840.00
44.411.fy)
69,097.06
40,553.53
1.985.C
2CKI.IXI
44.269.46
180.00
1.942.13
1,186.78
5.075.92
396.05
1,023.93
510.58
180.00
1.807.20
460.IX)
450.LK)
2.3(M).(N)
850.(KI
420.DJ
2.290.(K)
431.03
2.205.36
928.35
300.00
1,760.49
144.CKJ
TOTAL PROPERTY COSTS
Children and Family worker salary
HOTEC expenditure
Toddlers expenditure
Traidcraft expenditure
8.495.(Kl
50.218.69
12,582.59
5.(KKI.
2.363.83
211.08
535.63
214.01
683.73
144.47
TOTAL OTHER cosrs
5.(X>).IXI
828.20
3.324.55
TOTAL EXpEND￿uRE
156,711.0)
215,362.89
145.843.54
SURPLUSIIDEFicm FOR YEAR
3￿54.00
157,616.841
21.341.39
Page 6of 11

Holy Trinity Church Wealdstone
Statement of Assets and Liabilities, and Balance Sheet
For the year ending 31 December 2023
General
Designated
Restrirted
Endowment
2023
2022
Assets
Fixed asset 2 EC
General Fund
Children & FW account
CCLA deposit fund
HOTEC
Toddlers
Traidcraft
Property Deposits
Debtors
Totsl current assets
13.637.CM)
14,595.86
8.892.21
11.737.22
1,537.17
2,￿7.78
13,637.C¥J
27,315.86
8,892.21
11,737.22
1,537.17
2,C(J7.78
13,637.00
40.466.94
13,546.21
40,652.98
1,537.17
2.115.74
144.47
1,250.00
25,990.65
139,341.16
12.720.1XJ
1.250.00
15,361.08
69.018.32
1,250.00
15,361.08
81.738.32
12,720.00
Liabilities
Property Deposits
Creditors
Total current liabilities
1.250.00
3,088.00
4.338.00
1,250.00
3,088.CH)
4,338.IXI
1,250.00
3,074.00
4.324.00
NET ASSETS
SURPLUS/(OEFICIT)
64.680.32
12,720.00
77.400.32
135,017.16
Represented by:
Fixed asset 2EC
Cash at bank..
General account
CFW account
CCLA deposit account
HOTEC
13.637.CK)
13,637.1XJ
13,637.00
14,595.86
8.892.21
11,737.22
1.537.17
2,CX)7.78
12.720.(K)
27,315.86
8.892.21
11.737.22
1,537.17
2,IK)7.78
40.466.94
13,546.21
40,652.98
1,537.17
2,115.74
144.47
25,990.65
13.074.001
135.017.16
Toddlers
Traidcraft
Plus debtors
Less creditors
TOTALS
15,361.08
13,088.001
64.680.32
15.361.08
13,088.001
77,400.32
12,720.00
Reserves
Opening balance
HT surpluslldeficitl
HOTEC surplu51ldeficitl
Toddlers surplus/ldeficitl
Traidcraft
surplus/ldeficitl
TOTAL RESERVES
135,017.16
157,364.41)
135,017.16
157,364.411
113,675.77
21,532.76
1211.081
69.74
1107.961
1107.961
1144.471
77,400.32
1144.471
77,400.32
150.031
135.017.16
Page 7 of 11

Holy Trinity Church Wealdstone
Statement of Financial Activities
For the year ending 31st December 2023
General
Designated
Restrirted
Endowrnent
2023
2022
Income
Giving
Gift Aid recovered
Lettings
Rental of property
Service fees
Bank interest
59,579.89
11.853.31
31,338.
52,869.84
438.CM)
59,579.89
11,853.31
31,338.00
52,869.84
438.00
1.084.24
£44,521.56
£7,961.08
£39,278.83
£69,521.10
£155.00
1,084.24
£527.65
LDF energy grant
HOTEC
Toddlers
£2.641.00
£O.IK)
£2,414.73
£163.98
575.77
575.77
Traidcraft
TOW
Total income
7.00
7.00
157,739.05
157,746.05
£167,184.9
Expenditure
Running costs
187.973.85
187,973.85
£136,042.8
Repayment of loans
HOTEC
26.S60.84
26.560.84
£8,840.00
£211.08
Toddlers
683.73
683.73
£535.63
Traidcraft
Total expenditure
144.47
144.47
£214.01
215.362.89
215.362.89
£145.843.5
Net movement in funds
{57,616.84
21,341.39
Page8of 11

NOTES TO THE FINANCIAL STATEMENTS
Accounting Policies
The PCC is a public benefit entity within the meaning of FRS 102. The financial statements have
been prepared under the Charities Act 2011 and in accordance with the Church Accounting
Regulations 2006 governing the individual accounts of PCCS, and with the Regulations true and
fair view, provisions, together with FRS 10212016} as the applicable accounting standards and the
20161?) version of the Statement of Recommended Practice. Accounting and Reporting by
Charities {SORP IFRS 1021).
Funds
General Funds represent the funds of the PCC that are not subject to any restrictions regarding
their use. Funds designated by the PCC are also unrestricted.
The accounts include all material transactions. assets and liabilities for which the PCC is
responsible in law. They do not include the accounts of church groups that owe their main
affiliation to another body nor those that are informal gatherings of Church members.
Income - Please refer to the income poge of this report.
Planned giving. collections and similar donations are recognised when received.
Income tax recoverable on Gift Aid donations is recognised in the year to which it relates.
Grants and legacies to the PCC are recognised as soon as the PCC is notified of its legal entitlement
and ofthe amount due.
Rental income from the letting of church premises is recognised when the amount has been
invoiced. Interest and other investment income is accounted for when received.
Expenditure - Pleose refer to the expenditure p(yges of this report.
The total amount in respect of grants and donations has already been designated by the PCC. The
amount in respect of the year under review is therefore included in these accounts and expressed
as a creditor at 31 December.
The Diocesan parish share is accounted for in the year to which it relates.
Consecrated land and beneficed property are excluded from the accounts by settion 96121 la} of
the Charities Act 1993.
No value is placed on movable church furnishings held by the churchwardens on special trust for
the PCC and which require a faculty for disposal since the PCC considers this to be inalienable
property. All expenditure incurred during the year on consecrated or benefice buildings and
movable church equipment or furnishings. whether maintenance or improvements, is written off
as expenditure in the Statement of Financial Attivities and separately disclosed.
The PCC is managing Trustee for certain properties that are available to be used to house assistant
clergy. These are stated at original cost together with the cost of any subsequent major
improvements.
Other fixtures, fittings and office equipment- In view of the nature of this equipment and the fact
that original cost did not exceed £3.000. all expenditure is written off a5 incurred.
Assets
Amounts owing to the PCC at 31 December in respett offees, rents or other income invoiced, are
shown as debtors.
Cash is held on deposit with the Central Board of Finance Church of England Funds ICCLAI.
Page 9 of li

Fixed assets comprise the house at 2 Earls Crescent, Wealdstone, Harrow. HAI IXN. This is stated
at cost together with the expenditure incurred in construction of the extension.
Debtors and Creditors
DEBTORS
Shop # 03 (paid January 20241
Shop # 07 (paid January 20241
Ignite Ipaid January 20241
1,51J).IK)
1,500.00
875.00
Rental income
3 875.00
Gift Aid tax reclairn from HMRC
General Fund 2023
Children & Family Worker Fund 2023
10.149.58
1,336.50
GiftAid
11486.08
TOTAL DEBTORS
£1
CREDITORS
Mi5sions and Charities Donations 2023
Re.'Gen
CMS- Mark & Rosalre Balfour
Firrn Foundation- Homeless in Harrow
Friends of Kenya's Children
35%
35%
15%
15%
1.080.OL)
1.080.00
464.00
464.00
TOTAL CREDITORS
Connerted persons
The PCC has been advised of no relationships which require to be disclosed under the provisions of
the Charities Att.
Statement of the responsibility of the Parothial Church Council in respert of the accounts
The Charity Commission require the Trustees to obtain accounts each year which Eive a true and
fair view of the financial transactions of the PCC and of the disposition at the end of the year of
the assets and liabilities and contain the information specified in relevant regulations. The
Trustees are required to select suitable accounting policies and apply them consistently and make
judgements and estimates that are reasonable and prudent.
The Trustees are responsible for keeping proper accounting records. in accordance with Trust Law.
which disclose the financial transactions and the assets and liabilities with reasonable accuracy.
They are also responsible for safeguarding the assets and hence for taking reasonable steps for the
prevention and detection of fraud and other irregularities.
Page Ioof 11

Independent Examiner's Report to the PCC of
Holy Trinit), Wealdstone
I report on ihe accounls of the church for the s'ear ended 31 December 2023 which are
set out in the attached pages.
Respective responsibilities of the PCC and the examiner
The PCC (the church trustees) are responsible for the preparation of the accounts. The
PCC consider that an audil is nol required for ihis vear under section 144(2) of th¢
Charities Act 2011 (the 2011 Act) and thai an Independeni Examinaiion is needed.
Basis of this report
M), examination ￿'aS Ca￿led out in accordance ii'ith the General Directions given by
the Charity Commission. Thal examinaiion includes a rei-.ieii' of the accounting
records kept bj. the PCC and a comparison of the accounts presenied with tliose
records. It also includes considering an), unusual ilems or disclosures in the accounts,
and seekingi explanaiions from l-ou as trustees concemingi an!, such mailers. The
procedures undertaken do not proi.'ide all the ¢i'idence that H'ould be required in an
audit. and consequentlv no opinion is gii'en as io i4"hether ihe accounts present a 'true
and fair view, and the report is limited to those maiters set out in the statement below.
Independent Examiner's statement
In connection ￿'ith mv examinalion, no maller has come to m!, attenlion-
( l ) ii,hich gil'es me reasonable cause io beliei'e ihat in any maierial respect the
requiremenis
to keep accounting records in accordance ii.'iih seciion 130 of the 2011
Acl: and
to prepare accounts ii'hich accord H"ith the accounting records and
compl!. ii'ith the accounting requirements of the 201 l Aci hai'e not
been met; or
{2) To M'hich, in m}, opinion. attention should be dra￿'n in order to enable a proper
understanding of the accounts to be reached.
(Signed)
22 March 2024
D Taylor-meth FMAAT
Hon. Examiner.
123 Park Lane
Harrow.
Middlesex HA2 8NN