## **TRUSTEES REPORT TO THE 2023 ACCOUNTS** ## **1. Structure, governance and management** 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. The PCC has a Standing Committee comprising the incumbent Vicar, churchwardens, secretary, and treasurer whose purpose is to scrutinise and formulate the agenda of the PCC, and to transact on behalf of the PCC such business as it is delegated to it. New members of the PCC are inducted by the Vicar, churchwardens and the PCC secretary. The Parish would not function without the support of many dedicated volunteers who have a key role in all areas of parochial life. The PCC have had regard to the guidance issued by the Charity Commission on public benefit. ## **1.1 St Mary’s Primrose Hill Trustees 2023** |Revd. Philip Ritchie|Vicar (ex-officio from December)| |---|---| |Revd. Mark Wakefield|Assistant Priest (ex-officio)| |Roddy Monroe|Churchwarden| |Elaine Hedger|Churchwarden and Deanery Synod member| |John Hellinikakis|Hon Treasurer| |Amanda Martin|PCC Secretary (co-opted)| |Ross Gilmour|Deanery Synod member| |Ellen Gilmour|Deanery Synod member| |Alexa Carter|Deanery Synod member| |Helen Tindale|PCC member| |Sonia Renwick|PCC member| |Mariana Lozynska|PCC member| |Thomas Kabir|PCC member| |Rebecca Chesworth|PCC member| |Derrick Chow|PCC member| |Casey Oppong|PCC member| |Roger Carter|PCC member| |Parviz Sedighi|PCC member| |Elizabeth Woolf|PCC member| |Madeleine du Vivier|PCC member| |Jessica Davidson|PCC member (co-opted)| |Alex Hutton-Mills|PCC member (co-opted)| ## **1.2 Objectives and Activities** St Mary’s PCC is responsible for co-operating with the incumbent Vicar in promoting in the ecclesiastical parish the whole mission of the Church: pastoral, evangelical, social, and ecumenical. It has responsibility for the maintenance of the church building and St Mary's Centre. Its Mission Action Plan provides details of its strategic thinking. Worship in the Anglo-Catholic tradition of the Church of England is maintained. Good preaching and choral music are hallmarks of the parish. ln its service to the local community, the parish is concerned to address issues that confront our local area and society, and to serve people in need, of whatever faith or none. ## **2. Achievements and Performance** ## **2.1 Church Attendance** The average total Sunday attendance varies seasonally with average physical Sunday attendance was around 85 people (78 adults and 7 children) down from 100 in 2022. However, since the services have been continually streamed live from when the Church was closed during lockdown and made available online for future viewing, some continue to opt to watch the services online either live or later. Based on the 2023 number of online views, the Sunday morning service attracts between 70 and 130 additional attendees, which means that on average around 185 people benefit from the 10:30am service each week either in person or online. ## **2.2 Review of the Year** Rev. Preb. Marjorie Brown retired as vicar of St Mary’s in January and the process of getting a new vicar was started. On 1st March the statutory Section 11 Meeting was held during which the PCC voted unanimously to adopt the Parish Profile and Job Specification and Alex Hutton-Mills and Jessica Davidson were appointed as the Parish Representatives as lay members of the PCC. On 10th March the PCC met with Bishop Rob (Bishop of Edmonton), Carol Barrett Ford (the Area Dean), Michael Royalton-Kisch (the Lay Chair of Camden Deanery), Chris Kitching (Chair of the Trustees) and Sheena McCaffrey (Trustee) to get their feedback on the Parish Profile and Job Specification. They all congratulated St Mary’s on a well-presented Parish Profile. The job was advertised in the Church Times and the shortlisted candidates were interviewed on Friday 14th July preceded by a Welcome Day on the Thursday. Fr. Phil was duly appointed, and he moved into St Saviour’s vicarage (see below) at the end of October. Regrettably, due to the busyness of Bishop Jonathan diary we had to wait until 30th November before we were blessed by his presence and Fr. Phil was formally installed. The vicarage had been extremely expensive to run and was not fit for purpose anymore, so discussions were held with Helen Batten, Head of Investment Property and Asset Management and David Liddell, their architect. There had originally been three options for the Vicarage; 1. refurbish 44 King Henry’s Road, 2. remodel 44 King Henry’s Road or 3. purchase a new property nearby. In July the only option available to us was a major refurbishment of 44 KHR, with the currently empty vicarage at St Saviours being made available as an interim vicarage for about the next year. As in 2022, many hours of PCC time in 2023 were spent on discussing the east end extension. Alexa Carter and Elizabeth Woolf did an enormous amount of work on behalf of the PCC for which we are extremely grateful. In July the Consistory Court in the Diocese of London granted a faculty authorising us to carry out the works which was a significant milestone. However, following advice from Kevin Rogers (Diocesan Director of Parish Property Support at the London Diocesan Fund) that no significant decisions should be taken whilst the Parish is in vacancy, other activities were put on hold. At the end of 2023, a Just Giving page was set up to raise money for the refurbishment of the crypt with a view to re-launching the brewery in March 2024. All profits from the brewery will go to St Mary’s good causes eg Cold Weather Shelter, Youthwork. There were eight PCC meetings in 2023 including an awayday in December 2023 which was used by Rev. Phil Ritchie to get to know the trustees/PCC. The day focused on three questions for PCC members: 1. Bit of background on yourself / your spiritual journey / what you do at St Mary’s 2. What is it that you love about St Marys? 3. What do you see as opportunities for St Mary’s and what part would you like to play in delivering these? ## **2.3 Plans for the Future** Having Fr. Phil being in post for about five months, plans for the future are still being formed. We plan to have a PCC away-day in June to share thoughts on our key priorities in the coming year. Obviously, the management and arrangements for the East End Development will play a key part in our plans. There will also be some major repairs to the copper roof this coming year and hopefully we will finally see solar panels appear on the south facing nave roof! Fr. Phil’s intention is to develop some of our work with Children and young people which has been in abeyance since Covid and falling rolls at the school. This could involve the re-introduction of the informal Eucharist on Sundays and a new focus on the Sunday school amongst other things. He also hopes that we can think creatively about how our wonderful new kitchen can best be used for projects that benefit the wider community. Alongside this, as we look towards the challenge of '2030 Net Zero' we will set up a group to create a systematic way forward for the parish so that climate change issues can be at the heart of our life together. We all look very much forward to re-visiting the Mission Action Plan so that we can develop a properly costed and engaging vision for the year ahead. ## **3. Financial Review - 2023** Overall Income, excluding special appeals, was relatively steady, but this masked another decline in regular parish donations and collections offset by an increase in sundry donations. ## **3.1 General Funds** General Funds ended the year with a surplus of £57,472 (2022: £74,314) ## **3.2 Income** In the year 2023, our total unrestricted income was £256,954 (£295,668). Planned Giving (gift-aided and non-gift aided) was £93,535 (£99.876). Gift aided donations £91,739 (£91,783) The restricted fund surplus of £34,702 (£63,857) includes £6,120 for the Cold Weather Shelter. Money raised from the Anniversary Book sales has been reallocated to Grow the Wonder as originally planned. There is also £434 unused from the Parish Retreat which we will carry over for the next retreat. ## **3.3 Outlook** The year ended with surplus of £92,174 (£138,171), With the 6.3% fall in planned giving receipts in 2023, it is necessary to constantly refresh the donor base if the Church is to be able to meet its financial commitments. Towards the end of October 2023, we launched a planned giving campaign. From first indications at the end of 2023, this may result in an uplift of £5,700 during 2024 based on new donors and increases by existing donors. Several existing donors also signed up to gift aid, which will also increase overall donations. Conversely, we usually lose some donors during the course of the year, which will reduce some of the above-mentioned gain. Going forward, it is planned to have a yearly campaign with the next one later in 2024. If insufficient income is not generated, consideration will be given to cutting costs. Much of the reduction in the surplus was due to Grow the Wonder projects, especially the new kitchen, which finally cost £59,725.15. While this seems a lot of money, when we first received estimates for the various projects, the kitchen was first costed at £100,000. The kitchen came in at £40,000 under budget. In 2024, we plan to install solar panels on the main south facing roof and a replacement copper roof over the south facing annex. We have been applying for grants and at the time of writing, have raised £35,000 towards the cost of the solar panels, with several grant applications outstanding. Nevertheless, we expect that we will require a major fund-raising drive if we are to achieve both projects this year. Our Common Fund contribution remained at £87,775 for 2023. ## **3.4 Reserves Policy** Unrestricted funds fell to £57,472 (£74,314), after a reallocation of £24,000 to the Grow the Wonder Fundfrom last year’s balance. The PCC, as a policy, has always aimed to cover three months of recurring expenditure (£60,000). In this respect, we have made an improvement from 2022, but have some way to go. ## **3.5 Operations Structure** The PCC has two bank accounts and a share account. All financial questions or suggestions should go first to the Treasurer, John Hellinikakis (or via a message through the Parish Administrator). Stewardship records are dealt with by Cathy Howard. ## **3.6 Risk Management** The PCC is committed to managing, and if practicable to reducing the major risks that they have already identified. They also seek to identify new risks as they arise and subject them to the same process of management and reduction. We have a small portfolio of shares, which increased in value by £2,550 in 2023, and which we are monitoring. Roddy Monroe Churchwarden 9[th] March 2024 ## **The Parish Parochial Church Council of St Mary the Virgin Primrose Hill** Independent examiner's report to the members of the Parochial Church Council of the Ecclesiastical Parish of St Mary the Virgin, Primrose Hill with St Paul's, Avenue Road (registered charity 11327011 I report to the PCC on my examination of the accounts of the PCC of $t Mary the Virgin, Primrose Hill with St Paul's, Avenue Road for the year ended 31 December 2023. ## _**To be completed after the PCC meeting**_ ## **Parochial Church Council of St Mary the Virgin Primrose Hill** Statement of Financial Activities For the year ended 31 December 2023 ## _**To be inserted by John**_ ## **Parochial Church Council of St Mary the Virgin Primrose Hill** ## **Statement of Financial Activities For the year ended 31 December 2023** |Notes
**Income and endowments from:**
_Donations and Legacies_
3a
_Charitable Activities_
3b
_Investment income_
3c
**Total incoming resources**
**Resources expended**
_Charitable activities_
4
**Total resources expended**
**Net income before gains and losses**
**on investments**
**Net recognised gains/(losses)**
**on investment**
**Net income after gains and losses**
**on investments**
**Transfers between funds**
11
**Net movement in funds**
**Reconciliation of Funds**
Total funds brought forward at 1 Jan 2023
**Total funds carried forward at 31 Dec 2023**|**TOTAL**
TOTAL
Unrestricted
Unrestricted
Restricted
**FUNDS**
FUNDS
Funds
Funds
Funds
**2023**
2022
General
Designated
(Note 11)
£
£
£
**£**
£
186,070
24,387
**210,457**
302,761
67,191
0
**67,191**
67,335
3,693
0
**3,693**
197
256,954
24,387
**281,341**
**370,293**
247,491
82,397
**329,888**
322,736
247,491
0
82,397
**329,888**
**322,736**
9,463
0
(58,010)
**(48,547)**
47,557
2,550
0
0
2,550
(3,133)
**12,013**
**0**
**(58,010)**
**(45,997)**
**44,424**
(28,855)
0
28,855
**0**
0
**(16,842)**
**0**
**(29,155)**
**(45,997)**
**44,424**
74,314
0
63,857
138,171
93,747
**57,472**
**0**
**34,702**
**92,174**
**138,171**| |---|---| The Notes to the Accounts form part of these Financial Statements ## **Parochial Church Council of St Mary the Virgin Primrose Hill** ## **Balance Sheet at 31 December 2023** |Notes
**Fixed assets**
Investments
Unquoted shares
8
Quoted shares
**Total fixed assets**
**Current assets**
Debtors
9
Cash at bank and in hand
Creditors: amounts falling due within one year
10
**Net current assets**
**Total assets less current liabilities**
Creditors: amounts falling due after one year
**NET ASSETS**
**Funds**
**Restricted funds**
11
**Unrestricted funds**
General
11|**FUNDS**
**FUNDS**
**2023**
**2022**
£
£
47
47
13,548
10,998
**13,595**
**11,045**
24,082
7,303
56,247
124,057
80,329
131,360
**(1,750)**
(4,234)
**78,579**
127,126
**92,174**
138,171
**0**
0
**92,174**
138,171
**34,702**
63,857
**57,472**
74,314
**92,174**
138,171| |---|---| The Notes to the Accounts form part of these Financial Statements **Approved by the PCC on 13 March 2024 and signed on their behalf by Roddy Monroe (Churchwarden)** **John Hellinikakis (Treasurer)** ## **Parochial Church Council St Mary the Virgin Primrose Hill** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023** ## **Note 1 BASIS OF PREPARATION** The financial statements are prepared under that 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 FRS102 (2016) as the applicable accounting standards and the 2016 version of the Statement of Recommended Practice: Accounting and Reporting by Charities [SORP(FRS102)] The financial statements have been prepared under the historical cost convention except for the valuation of quoted financial assets which are shown at market value. The Parochial Church Council (PCC) is a public benefit entity within the meaning of FRS102 ## **1.2 GOING CONCERN** There are no material uncertainties related to events or conditions that cast significant doubt on the PCC's ability to continue as a going concern ## **1.3 CHANGE IN ACCOUNTING POLICY** The accounts present a true and fair view and the accounting policies are as outlined in this note. There have been no changes of accounting policy in this period ## **1.4 CHANGES TO ACCOUNTING ESTIMATES** There have been no changes to accounting estimates in this period ## **1.5 MATERIAL PRIOR YEAR ERRORS** No material prior year errors have been identified in the reporting period ## **Note 2 ACCOUNTING POLICIES** ## **2.1 INCOME** ## **Recognition of income** Congregational giving, donations, grants, interest, dividends and othe rincome are included in the Statement of Financial Activities (SOFA) when the PCC becomes entitled to the resources and the monetary value can be measured with sufficient reliability ## **Offsetting** There has been no offsetting of assets and liabilities or of income and expenses unless required or permitted by the FRS102 SORP ## **Tax reclaims on donations and gifts** Gift Aid receivable is included in income when there is a valid declaration from the donor. Any Gift Aid recovered on a donation is considered to be part of that gift and is credited to the same fund as the initial donation unless the donor has specified otherwise ## **Legacies** Legacies are included in the SOFA when receipt is probable, that is, when there has been a grant of probate, the Executors have established that there are sufficient funds in the Estate and any conditions attached to the legacy are either within the control of the PCC or can be met ## **Volunteer help** The value of voluntary help is not included in the accountd but is described in the PCC's annual report ## **Investment gains and losses** This includes any realised and unrealised gains or losses on the sale of investments and any gain or loss resulting from revaluing investments to market value at the year end ## **2.3 EXPENDITURE AND LIABILITIES** ## **Liability recognition** Liabilities are recognised where it is more likely than not that there is a legal or constructive obligation committing the PCC to pay out resources and the amount of the obligation can be measured with reasonable certainty ## **Governance** Governance costs are charged to charitable activities ## **Redundancy costs** The PCC has made no redundancy paymens during the reporting period ## **Parochial Church Council St Mary the Virgin Primrose Hill** ## **Deferred income** No material item of deferred income has been included in the financial statements ## **Creditors** The PCC has creditors which are measured at settlement amounts less any trade discounts. Certain interest free loans have been provided without a repayment date and these are accounted for as being repayable on demand ## **Provisions for liabilities** A liability is measured at its historical cost and then subsequently measured at the best estimate of the amount required to settle the obligation at the reporting date ## **2.4 ASSETS** ## **Tangible fixed assets for use by the PCC** Consecrated and beneficed propery is excluded from the acounts by s 10(2)(a) and (c) of the Charities Act 2011. Other fixed assets are capitalised if they can be used for more than one year and cost at least £2,000. Equipment used within the church premises that has not been written off is depreciated over its expected useful life as follows: Fixtures and fittings 25% straight line Computer equipment 30% straight line Movable church furnishings held by the Vicar and Churchwardens on special trust for the PCC, and which require a faculty for disposal are accounted as inalienable property unless consecrated. They are listed in the church inventory, which can be inspected. ## **Financial assets** Unquoted shares are valued at historic cost. Investments in quoted shares and pooled investment funds are valued initially at cost and subsequently at fair value (market value) at the year end ## **Debtors** Debtors, including trade debtors and Gift Aid recoverable, are measured on initial recognition at settlement amount after any trade discounts or amount advanced by the PCC. Subsequently they are measuered at the cash or other consideration expected to be received. ## **Cash at bank** Cash is held in bank deposits which are repayable on demand ## **2.5 FUNDS** **Unrestricted Funds** represent the remaining income funds of the PCC that are available for spending on the general purposes of the PCC. **The Restricted Funds** are income funds that must be spent on restricted purposes and details of the funds are set out in Note 11 ## **Parochial Church Council St Mary the Virgin Primrose Hill** ## **NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31 DECEMBER 2023** ## **Note 3 Income and endowments from:** |Note
**3a** _Donations and Legacies_
Planned giving - Gift Aided
Other Regular Giving - non Gift Aided
Collections at all Services
Sundry Donations:Gift Aided
Sundry Donations: non Gift Aided
11
Income tax recoverable
Refund of legal fees
Refund of VAT
Energy Grant
Legacies
**3b** _Charitable Activities_
Lecture Series
Designer Fair
Bar
Shop
Church and SMC lettings, Organ hire
Parochial fees
Other Events
**3c** _Investment income_
Dividends and interest
**Total incoming resources**|**TOTAL**
TOTAL
Unrestricted
Unrestricted
Restricted
**FUNDS**
FUNDS
Funds
Funds
Funds
**2023**
2022
General
Designated
£
£
£
**£**
£
77,240
**77,240**
81,927
16,295
**16,295**
17,949
4,635
**4,635**
6,530
14,499
**14,499**
9,856
25,663
24,387
**50,050**
149,979
26,422
**26,422**
31,371
21,316
**21,316**
-
-
**0**
2,081
-
**0**
2,891
-
**0**
177
186,070
24,387
**210,457**
302,761
11,444
**11,444**
9,139
21,492
**21,492**
20,912
3,324
**3,324**
2,059
3,001
**3,001**
4,006
25,528
**25,528**
21,058
2,032
**2,032**
5,733
370
**370**
4,428
67,191
0
**67,191**
67,335
3,693
**3,693**
197
3,693
0
**3,693**
197
**256,954**
**0**
**24,387**
**281,341**
370,293| |---|---| ## **Parochial Church Council St Mary the Virgin Primrose Hill** ## **NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31 DECEMBER 2023** ## **Note 4 Resources expended** |Notes
_Charitable activities_
Common Fund
Vicar and Vicarage Expenses
Vicar's Discretionary Fund
Deanery & visiting preachers
Parochial Fees
Ministry Team expenses
Rent on curate's flat
Sacristy
Vestments
Worship books, fees and publications
Books and publications (non music)
Choir Master
5
Organist
5
Organ Scholar
5
Choral Scholars
11
Choir Fees
11
Parish Administrator
5
Telephone
Office Supplies
Publicity
Hospitality
General Maintainance
Gardening
Legal fees
Architect's fees
Professional fees
Organ maintenance
Licence fee
Cleaning
Gas
Electricity
Water
Insurance
J&P Committee fund raising costs
J&P Committee fund donations
Other charitable donations
11/12
Youth work
5
Church flowers
Cold Weather Shelter
11
Parish Retreat
11
Grow the Wonder
11
Anniversary Book
11
Bar
Lecture Series
Designer Fair
Shop
Fund raising costs
Independent Examination fees
**Total resources expended**|Unrestricted
Unrestricted
Restricted
**TOTAL**
TOTAL
Funds
Funds
Funds
**FUNDS**
FUNDS
General
Designated
**2023**
2022
£
£
£
**£**
£
87,775
**87,775**
85,200
559
**559**
3,627
0
**0**
800
2,147
**2,147**
2,448
454
**454**
5,357
600
**600**
2,069
0
**0**
24,012
1,881
**1,881**
2,553
2,936
**2,936**
0
2,320
**2,320**
569
458
**458**
0
7,200
**7,200**
7,450
2,640
**2,640**
3,265
1,750
**1,750**
0
1,398
10,236
**11,634**
12,510
3,598
540
**4,138**
4,911
39,065
**39,065**
34,813
1,088
**1,088**
1,396
10,171
**10,171**
11,005
318
**318**
805
3,688
**3,688**
6,717
10,801
**10,801**
9,048
294
**294**
0
21,316
**21,316**
0
540
**540**
0
0
**0**
900
2,088
**2,088**
773
964
**964**
70
10,562
**10,562**
11,816
5,710
1080
**6,790**
5,247
3,318
**3,318**
2,377
723
**723**
609
6,407
**6,407**
6,082
0
156
**156**
866
0
400
**400**
0
0
463
**463**
1,609
0
**0**
0
2,738
**2,738**
2,091
0
1,422
**1,422**
1,779
0
68,100
**68,100**
2,563
0
**0**
55,836
0
**0**
158
1,964
**1,964**
180
1,920
**1,920**
1,915
3,699
**3,699**
1,621
1,880
**1,880**
1,075
771
**771**
4,864
1,750
**1,750**
1,750
247,491
0
82,397
**329,888**
322,736| |---|---| ## **Parochial Church Council of St Mary the Virgin, Primrose Hill** ## **NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31 DECEMBER 2023** ## **Note 5 Staff costs** |Parish Administrator
Choir Master
Organist Fees|**2023**
2022
**£**
£
**39,065**
34,813
**7,200**
7,450
**2,640**
3,265
**48,905**
45,528| |---|---| During the year the PCC employed a parish administrator and paid fees to the Choir Master and organist. The PCC offers a defined contribution pension scheme through NEST ## **Note 6 Transactions with Related Parties** During the year the PCC reimbursed certain working expenses of the stipendary clergy team. Other coopted PCC members, specifically the parish admininstrator, Choir Master and organist, received payments detailed above. One member of the PCC was paid £1,000 in advance for occasional cleaning services of which £600 has already been earned during the the year. ## **Note 7 Analysis of Net assets by fund** |Investments
Debtors
Cash at bank and in hand
Current liabilities
**Comparative for 2022**
Investments
Debtors
Cash at bank and in hand
Current liabilities|Unrestricted
Restricted
**Total Funds**
Funds
Funds
**2023**
General
£
£
**£**
13,595
**13,595**
24,082
**24,082**
21,545
34,702
**56,247**
(1,750)
**(1,750)**
**57,472**
**34,702**
**92,174**
Unrestricted
Restricted
Total Funds
Funds
Funds
2022
General
£
£
£
11,045
11,045
7,303
7,303
60,200
63,857
124,057
(4,234)
(4,234)
74,314
63,857
138,171| |---|---| **Note 8 Unquoted investments** 186 shares in the English Hymnal Company Limited (Registered in England and Wales on 1st November 1926 with Registration Number 217212) are shown at the historic cost of £46.50 ## **Note 9 Prepayments and Debtors** Income tax recoverable Other ||**2023**
2022
**£**
**£**
**21,278**
7,303
**2,804**
0| |---|---| ||**24,082**
7,303| ## **Parochial Church Council St Mary the Virgin Primrose Hill** ## **NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31 DECEMBER 2023** ## **Note 10 Creditors: amounts falling due within one year** **----- Start of picture text -----**
2023 2022
£ £
Parochial fees due to Diocese 0 2,484
Independent Examination and Accountancy 1,750 1,750
1,750 4,234
**----- End of picture text -----**
## **NOTE 11 Movement in Funds in Year** |**Unrestricted Fund**
General fund
**Restricted Fund**
Youth
Bishop's Discretionary Fund
Choral Scholars (Restricted)
Choir
Justice & Peace
Cold Weather Shelter
Charity Appeals
Note 12
Anniversary Book
Parish Retreat
Grow the Wonder
**Total funds**|Bal b/fwd
Income
Expenditure
Other gains
Transfers,
**Bal c/fwd**
1 Jan 2023
and losses
31 Dec 2023
£
£
£
£
**£**
74,314
256,954
247,491
2,550
(28,855)
**57,472**
**74,314**
256,954
247,491
2,550
(28,855)
**57,472**
214
**214**
0
518
**518**
211
10,025
10,236
**0**
0
540
540
**0**
501
774
556
**719**
5,468
3,154
2,502
**6,120**
378
233
463
**148**
2,529
20
(2,549)
**0**
214
220
**434**
54,342
8,903
68,100
31,404
**26,549**
**63,857**
24,387
-
82,397
-
28,855
**34,702**
**138,171**
**281,341**
**329,888**
**2,550**
**0**
**92,174**| |---|---| ## **Note 12 Charity Donations** ||**2023**|**2022**| |---|---|---| |British Heart Foundation||200| |Children's Society||200| |Marie Curie||218| |Somerset Heart Foundation||383| |Christian Aid DEC Pakistan|105|608| |Crisis|125|| |Christian Aid|233|| |USPG (Justice & Peace Committee)|400|| ||**863**|**1609**| |At 31 December 2023 the following charitable|donation was|pending:| Royal British Legion 148 ## **Parochial Church Council St Mary the Virgin Primrose Hill** ## **NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31 DECEMBER 2023** ## **Note 13 Prior period comparative statement of financial activities** |Notes
**Income and endowments from:**
_Donations and Legacies_
3a
_Charitable Activities_
3b
_Investment income_
3c
**Total incoming resources**
**Resources expended**
_Charitable activities_
4
**Total resources expended**
**Net income before gains and losses**
**on investments**
**Net recognised gains/(losses)**
**on investment**
**Net income after gains and losses**
**on investments**
**Transfers between funds**
11
**Net movement in funds**
**Reconciliation of Funds**
Total funds brought forward at 1 Jan 2022
**Total funds carried forward at 31 Dec 2022**|**TOTAL**
Unrestricted
Unrestricted
Restricted
**FUNDS**
Funds
Funds
Funds
**2022**
General
Designated
(Note 11)
£
£
£
**£**
195,884
106,877
**302,761**
67,335
0
**67,335**
197
0
**197**
263,416
106,877
**370,293**
248,925
73,811
**322,736**
248,925
0
73,811
**322,736**
14,491
0
33,066
**47,557**
(3,133)
0
0
(3,133)
**11,358**
**0**
**33,066**
**44,424**
0
0
0
**0**
**11,358**
**0**
**33,066**
**44,424**
62,956
0
30,791
93,747
**74,314**
**0**
**63,857**
**138,171**| |---|---| ## ## ##