St Mary’s Ilford PCC – 1132877 Financial Statements for the year ending 31 December 2022
ST MARY’S ILFORD PCC Registered Charity No. 1132877
Report & Accounts 2022
REPORT OF THE PAROCHIAL CHURCH COUNCIL
For the year ended 31 December 2022
OBJECTIVES AND ACTIVITIES
St Mary’s PCC has the responsibility, with the Incumbent, of promoting in the ecclesiastical parish the whole mission of the Church, pastoral, evangelistic, social and ecumenical. It also has maintenance responsibilities for the church and community hall at 426 High Road, Ilford.
PUBLIC BENEFIT
The church and premises are at the heart of the community and serve as a focal point and a beacon of hope, stability and cohesion in an ever-changing community. Public services are held throughout the week and are open to all regardless of faith affiliation, and the church building is available to interfaith and secular groups. The Community Hall is used throughout the week by community groups and on a casual basis for other community activities. Church and hall are likewise available for appropriate functions such as concerts and recitals.
The church tower houses a ring of 8 bells. With the help of the St Margaret’s Barking ringers, who ring in several towers in this part of Essex/east London, the bells are rung before Sunday Mass about twice per month in addition to Holy Days and other ad hoc celebrations.
As the Church of England is the Church by law established, we are uniquely available for civic services and special services for local groups. The church building houses some items of religious art which are of particular note and features in the Barking Episcopal Area Art Trail.
The church is situated within a Victorian churchyard and cemetery, and this has been designated as an Area of Special Interest by the Local Authority. As such we regularly and increasingly facilitate the locating of family graves and assist those researching their genealogy. The churchyard is home to 5 Commonwealth War Graves and in 2018 work was undertaken to clean these up and make them more accessible. The Commonwealth War Grave Commission installed a sign on our main gates indicating the presence of these important graves. Work to make the churchyard a more attractive and safer area continues in concert with the local authority.
ANNUAL REVIEW
St Mary’s is parish centered around the regular celebration of the Eucharist and offices. It is from this expression of faithfulness to Christ’s command to do this in remembrance of me and from our understanding of our vocation to be part of God’s continuing mission in earth, that other activities stem. Mass is usually offered on 5 days of the week, at which the needs of the parish, wider community and world are brought before God.
Our commitment to walking alongside refugees has continued through offering practical support, pastoral care and signposting to those living in the parish. Our Vicar offers specialist care and support when needed. This remains an integral part of our ministry. Often the work we do in these areas is necessarily low key due to matters of security and safeguarding.
We continue to respond to and meet general pastoral need when it arises, both from within the established congregation and wider afield and we support the work of the various local agencies attending to the growing and ever-present problem of street homelessness, violence, poverty and substance misuse.
St Mary’s Ilford PCC – 1132877
Financial Statements for the year ending 31 December 2022
We are delighted to continue to give our support to Marcel Firth who began formal formation and training for ordained ministry at St Augustine’s, Canterbury in September. If ordained, Marcel will serve at St Mary’s as a Locally Ordained Minister (self-supporting).
The financial review will clearly show the fiscal challenges of maintaining mission and ministry in a sustainable way and the challenges of maintaining the church building, though this has been a regular concern over the past years. We have invested significantly in improvements to the church building over the past 6 years, and as such, the site is sound and without any major defects.
FINANCIAL REVIEW
St Mary’s income for 2022 has increased on previous years. This is predominantly due to increased revenues from hall hire and an increase in regular planned giving.
St Mary’s outgoings for 2022 have decreased overall due to the difficult decision to pay only 75% of our Parish Share to the Diocese. This was the first time in over 10 years that we have not been able to meet our Parish Share, and therefore meet the real term costs of ministry.
Our day-to-day expenditure has increased due to maintenance repairs, increased salaries for the hall cleaner and vicar’s PA (in line with our London Living Wage commitment) and the general increase in the cost of living experienced by everyone.
In line with previous years overall cost comparisons show that the expenditure for St Mary's exceeds income. For the year 2022 our overall costs were £14,365.72 more than the income generated.
At year end St Mary’s unrestricted funds were £104,853.35 and restricted (reserve) funds were £55,741.34. Reserve Funds are monies held for specific purposes as set out by the legacies they represent or specific purpose fund raising.
St Mary's Ilford PCC Statement of Financial Activities
For the period from 01 January 2022 to 31 December 2022
| ~~Unrestricted~~ funds |
~~Restricted~~ funds |
~~Endowment~~ funds |
Total funds |
Prior year totalfunds |
|
|---|---|---|---|---|---|
| Income and endowments from: Donations and legacies |
34,166.22 | 901.25 | - | 35,067.47 | 39,695.93 |
| Income from charitable activities | 7,373.51 | - | - | 7,373.51 | 3,171.60 |
| Other tradingactivities | 11,249.44 | - | - | 11,249.44 | 7,249.63 |
| Investments | 23,675.32 | 63.10 | - | 23,738.42 | 17,670.37 |
| Otherincome | 1,579.60 | - | - | 1,579.60 | - |
| Totalincome | 78,044.09 | 964.35 | - | 79,008.44 | 67,787.53 |
| Expenditure on: Raising funds |
818.83 | - | - | 818.83 | 248.44 |
| Expenditure on charitable activities | 88,581.04 | 3,921.87 | - | 92,502.91 | 111,416.89 |
| Otherexpenditure | 52.42 | - | - | 52.42 | 191.76 |
| Totalexpenditure | 89,452.29 | 3,921.87 | - | 93,374.16 | 111,857.09 |
| Net income / (expenditure) resources before transfer | (11,408.20) | (2,957.52) | - | (14,365.72) | (44,069.56) |
| Transfers: Gross transfers between funds - in |
13,550.00 | - | - | 13,550.00 | 58,111.10 |
| Gross transfers between funds - out | (13,550.00) | - | - | (13,550.00) | (58,111.10) |
| Other recognised gains / losses Gains/losses on investment assets |
- | - | (17,403.07) | (17,403.07) | 9,749.68 |
| Gains on revaluation,fixed assets,charity's own use | - | - | - | - | - |
| Net movement in funds | (11,408.20) | (2,957.52) | (17,403.07) | (31,768.79) | (34,319.88) |
| Reconciliation of funds | |||||
| Total funds brought forward | 116,261.55 | 58,698.86 | 218,154.77 | 393,115.18 | 427,435.06 |
| Total funds carried forward | 104,853.35 | 55,741.34 | 200,751.70 | 361,346.39 | 393,115.18 |
| Balance sheet as at 31 December 2022 | Balance sheet as at 31 December 2022 | ||
|---|---|---|---|
| Balance Sheet (Summary) | As at 31/12/2022 |
As at 31/12/2021 |
|
| Fixedassets | |||
| Investments | 200,751.70 | 218,154.77 | |
| 200,751.70 | 218,154.77 | ||
| Current assets | |||
| Debtors | 1,836.23 | 1,101.31 | |
| Cash At Bank And In Hand | 158,986.56 | 178,719.25 | |
| 160,822.79 | 179,820.56 | ||
| Liabilities | |||
| Creditors: Amounts FallingDue In One Year | 228.10 | 4,860.15 | |
| 228.10 | 4,860.15 | ||
| Net current assets less current liabilities | 160,594.69 | 174,960.41 | |
| Total assets less current liabilities | 361,346.39 | 393,115.18 | |
| Liabilities | |||
| Total net assets less liabilities | 361,346.39 | 393,115.18 |
Approved by the Parochial Church Council on 20 July 2023 Signed for the PCC:
Fr Gareth Jones Chair
Keith Jeffery Treasurer/Church Warden
St Mary's Ilford PCC Analysis of income and expenditure Selected period 01 January 2022 to 31 December 2022
| Income and endowments from: | General | Designated | Restricted | Thisyear | Total Lastyear |
|---|---|---|---|---|---|
| Donations and legacies | |||||
| 0103 - Pgbank unallocated | 13,245.55 | - | - | 13,245.55 | - |
| 0104 - Pgbank GA | - | - | - | - | 8,560.00 |
| 0105 - Pgbank nonGA | - | - | - | - | 2,144.00 |
| 0107 - Payrollgiving | 859.00 | - | - | 859.00 | 2,577.00 |
| 0112 - Pg envelopes unallocated | 100.00 | - | - | 100.00 | - |
| 0113 - Pg envelopes GA | 1,135.00 | - | 150.00 | 1,285.00 | 2,225.00 |
| 0114 - Pgenvelopes non-GA | 870.00 | - | - | 870.00 | 3,494.89 |
| 0116 - Gift Aid - periodic | 2,946.24 | - | - | 2,946.24 | 950.00 |
| 0120 - Card donation unallocated | 4,210.67 | - | - | 4,210.67 | - |
| 0121 - Card donation GA | 286.00 | - | - | 286.00 | 2,763.00 |
| 0122 - Card donation non-GA | 240.00 | - | - | 240.00 | 1,542.75 |
| 0126 - ParishGS GA | 1,040.00 | - | - | 1,040.00 | - |
| 0127 - ParishGS non-GA | 450.00 | - | - | 450.00 | - |
| 0128 - ParishGS taxrecovered | 260.00 | - | - | 260.00 | - |
| 0301 - Collections | 6,196.51 | - | - | 6,196.51 | 1,491.27 |
| 0412 - Votive candles | 36.05 | - | - | 36.05 | 44.22 |
| 0501 - Gift Aid - occasional | - | - | - | - | 10.00 |
| 0550 - Donations & appeals - recurrent | 95.00 | - | - | 95.00 | 2,022.00 |
| 0551 - Candlemasgifts | 698.00 | - | - | 698.00 | 535.00 |
| 0560 - Donations & appeals - one-off | 378.70 | - | 720.00 | 1,098.70 | 5,920.70 |
| 0601 - Taxrecoverable on Gift Aid | 619.50 | - | 31.25 | 650.75 | 3,976.09 |
| 0605 - GASDS | - | - | - | - | 440.01 |
| 0701 - Legacies | - | 500.00 | - | 500.00 | - |
| 0802 - Non-recurringone-offgrants | - | - | - | - | 1,000.00 |
| Donations and legacies Totals | 33,666.22 | 500.00 | 901.25 | 35,067.47 | 39,695.93 |
| Income from charitable activities | General | Designated | Restricted | This year | Total Lastyear |
| 1101 - Fees for weddings and funerals | 374.50 | - | - | 374.50 | 920.00 |
| 1105 - Heatingcharge - weddings & funerals | - | - | - | - | 100.00 |
| 1205 - Refreshments | 159.01 | - | - | 159.01 | - |
| 1210 - Bookstall sales topromote objectives | - | - | - | - | 50.10 |
| 1280 - Pilgrimages & outings | 6,840.00 | 6,840.00 | 2,101.50 | ||
| Income from charitable activities Totals | 7,373.51 | 7,373.51 | 3,171.60 | ||
| Other trading activities | |||||
| General | Designated | Restricted | This year | Total Lastyear |
|
| 0910 – Fundraising | 586.10 | - | - |
586.10 |
455.00 |
| 1220 - Bookstall sales - fund raising | 2.50 | - | - |
2.50 |
- |
| 1240 - Hall lettings - fundraising | 10,660.84 | - | - |
10,660.84 |
6,544.63 |
| 1245 - Hall letting deposits | - | - | - |
- |
250.00 |
| Other trading activities Totals | 11,249.44 | 11,249.44 | 7,249.63 |
| Investments | Investments | General | Designated | Restricted | Thisyear | Lastyear |
|---|---|---|---|---|---|---|
| 1001 - Dividends - investments | 8,605.07 | - | - | 8,605.07 | 7,570.29 | |
| 1020 - Bank interest | 1,821.52 | 68.87 | 63.10 | 1,953.49 | 100.08 | |
| 1030 - Rent from telecomms | 13,179.86 | - | - | 13,179.86 | 10,000.00 | |
| Investment Totals | 23,606.45 | 68.87 | 63.10 | 23,738.42 | 17,670.37 | |
| Other income | ||||||
| 1310 Insurance claims | 1,579.60 | - | - | 1,579.60 | - | |
| Other income Totals | 1,579.60 | - | - | 1,579.60 | - | |
| Income and endowments Grand Totals | 77,475.22 | 568.87 | 964.35 | 79,008.44 | 67,787.53 | |
| Expenditure on: | General | Designated | Restricted | Thisyear | Last Year | |
| Raisingfunds | ||||||
| 1730 - Fundraising costs | - | - | - | - | 184.73 | |
| 1738 - Catering expenses | 818.83 | - | - | 818.83 | 63.71 | |
| Raising funds Totals | 818.83 | - | - | 818.83 | 248.44 | |
| Expenditure on charitable activities | - | |||||
| 1735 - Pilgrimage & outing costs | 6,961.82 | - | - | 6,961.82 | 2,526.00 | |
| 1830 - Giving - relief and development agencies | - | - | - | - | 6,000.00 | |
| 1850 - Giving - UK-based church societies | 740.00 | - | 937.50 | 1,677.50 | 661.25 | |
| 1870 - Giving - secular charities | - | - | - | - | 140.00 | |
| 1880 - Subscriptions | 970.89 | - | - | 970.89 | 142.00 | |
| 1910 - Diocesan parish share | 40,996.34 | - | - | 40,996.34 | 61,672.00 | |
| 2001 - Assistant staff costs | 10.00 | - | - | 10.00 | 63.63 | |
| 2005 - Presentations from PCC funds | - | - | - | - | 230.00 | |
| 2010 - Organist's honorarium | - | - | - | - | 300.00 | |
| 2020 - Cleaner (Hall) | 1,268.50 | - | - | 1,268.50 | 701.25 | |
| 2050 – Salary of parish administrator | 4,857.84 | - | 2,474.79 | 7,332.63 | 5,931.00 | |
| 2101 - Working expenses of incumbent | 2,248.98 | - | - | 2,248.98 | 1,105.82 | |
| 2130 - Vicarage maintenance/security | 90.99 | - | - | 90.99 | 524.99 | |
| 2150 - Vicar's telephone | 760.84 | - | - | 760.84 | 1,244.35 | |
| 2155 - Church office utilities | 281.03 | - | - | 281.03 | - | |
| 2160 - Vicar's discretionary fund | 1,050.00 | - | - | 1,050.00 | 1,369.50 | |
| 2210 - Promotion & website | 1,262.13 | - | - | 1,262.13 | 2,629.08 | |
| 2301 - Church running - insurance | 3,089.18 | - | - | 3,089.18 | 2,990.24 | |
| 2305 - Church security | 98.82 | - | - | 98.82 | 894.79 | |
| 2320 - Organ / piano tuning | 597.80 | - | 597.80 | 580.40 | ||
| ~~-~~ |
| Cont. | General | Designated | Restricted | This year | Total Lastyear |
|---|---|---|---|---|---|
| 2330 - Church maintenance | 4,845.46 | - | - | 4,845.46 | 5,633.55 |
| 2331 - Cleaning | 44.21 | - | - | 44.21 | - |
| 2332 - Cleaning & janitorial supplies | 105.47 | - | - | 105.47 | 283.97 |
| 2335 - Hall cleaning | - | - | - | - | 211.72 |
| 2341 – Sacristy consumables & maintenance | 1,764.24 | - | - | 1,764.24 | 1,463.78 |
| 2342 – Sacristy acquisitions | 1,140.07 | - | - | 1,140.07 | 391.18 |
| 2343 - Service books | 176.87 | - | - | 176.87 | 69.50 |
| 2345 - Music | 2,779.98 | - | 30.00 | 2,809.98 | 255.00 |
| 2349 - Flower costs | - | - | 100.00 | 100.00 | 735.51 |
| 2360 - Church office | 416.07 | - | - | 416.07 | 1,861.61 |
| 2370 - Visiting speakers / locums | 372.20 | -- | 372.20 | 580.70 | |
| 2380 - Public catering | - | - | - | - | 200.09 |
| 2401 - Church running- electric | 1,469.76 | - | - | 1,469.76 | 829.89 |
| 2410 - Church running-gas | 852.19 | - | - | 852.19 | 4,734.34 |
| 2420 - Church running - water | 135.88 | - | - | 135.88 | 131.88 |
| 2425 - Refuse collection | 160.56 | - | - | 160.56 | 151.47 |
| 2470 - Refugee Welcome support | - | - | 379.58 | 379.58 | 3,314.51 |
| 2502 - Printing& stationery | 621.91 | - | - | 621.91 | 241.66 |
| 2530 - Hall running- electricity | 38.25 | - | - | 38.25 | 102.60 |
| 2540 - Hall running-gas | 280.72 | - | - | 280.72 | 402.73 |
| 2560 - Hall running - maintenance | 412.04 | - | - | 412.04 | 69.90 |
| 2601 - Governance costs examination/audit fee | 147.00 | - | - | 147.00 | 45.00 |
| 2710 - Church major repairs - installation | 4,155.00 | - | - | 4,155.00 | - |
| 2720 - Church interior and exterior decorating | 1,368.00 | - | - | 1,368.00 | - |
| 2820 - Hall + major repairs - installation | 2,010.00 | - | - | 2,010.00 | - |
| Expenditure on charitable activities Totals | 88,581.04 | - | 3,921.87 | 92,502.91 | 111,416.89 |
| Other expenditure | |||||
| 2620 - Bank charges | 52.42 | - | - | 52.42 | 191.76 |
| Other expenditure Totals | 52.42 | - | - | 52.42 | 191.76 |
| Expenditure Grand totals | 89,452.29 | - | 3,921.87 | 93,374.16 | 111,857.09 |
St Mary’s Ilford PCC – 1132877
Statement of Assets and Liabilities (by code) As at: 31 December 2022
| Class and nominal code General (Unrestricted) Designated Restricted Endowment Total |
Class and nominal code General (Unrestricted) Designated Restricted Endowment Total |
Class and nominal code General (Unrestricted) Designated Restricted Endowment Total |
Class and nominal code General (Unrestricted) Designated Restricted Endowment Total |
Class and nominal code General (Unrestricted) Designated Restricted Endowment Total |
Class and nominal code General (Unrestricted) Designated Restricted Endowment Total |
Last year |
|---|---|---|---|---|---|---|
| Fixed Asset 6430:Charibond - - - 6440:Charifund - - - Total - - - Current Assets Total 3,883.88 100,969.49 55,969.42 Liability 6699: Agency collections Z04: Accounts Payable Total 0.02 - 228.08 Net total assets 3,883.86 100,969.49 55,741.34 - - 228.08 0.02 - - |
||||||
| 6430:Charibond | - - - |
93,085.70 | 93,085.70 | 104,138.07 | ||
| 6440:Charifund | - - - |
107,666.00 | 107,666.00 | 114,016.70 | ||
| Total | - - - |
200,751.70 | 200,751.70 | 218,154.77 | ||
| Total 3,883.88 100,969.49 55,969.42 |
**- ** | 160,822.79 | 179,820.56 | |||
| - - 228.08 0.02 - - |
- - |
228.08 0.02 |
385.00 4,475.15 |
|||
| - | 228.10 | 4,860.15 | ||||
| 200,751.70 | 361,346.39 | 393,115.18 |
Staff Costs
Fees are paid to our Self-employed cleaner, Parish Administrator and our Director of Music. No Trustee is paid for their services as a trustee. Expenses are reimbursed to Incumbent, Assistant Priest and for any pre-agreed specific expenses incurred by trustee and volunteers.
Investments
M & G Charibond and Charifund represent investments made from the proceeds received from the sale of the Assistant Clergy house at 2 Elizabeth Avenue and are held for the long-term benefit of the church and the General Fund. The investments are administered for the PCC by the Chelmsford Diocesan Board of Finance. The Charibond has the higher rate of return, but the Charifund has the potential for capital growth (or decline).
| Investment Account |
Year End 31/12/21 |
Year End 31/12/22 |
|---|---|---|
| M&G Charifund | 114,016.70 | 107,666.00 |
| M&G Charibond | 104,138.07 | 93,085.70 |
| Totals | 218,154.77 | 200,751.70 |
Income from Investment accounts
| Charifund | Charibond | Totals | |
|---|---|---|---|
| Income 2022 | 6,081.08 | 2,523.99 | 8,605.07 |
| Income 2021 | 5,421.69 | 2,148.60 | 7,570.29 |
Debtors
Shared Access:
November Invoice £610.30 was paid 19/1/23
December Invoice £578.69 was paid 10/3/23
HMRC Tax Planned Giving:
December Claim plus the April 6[th] – December 31[st] Top up £647.24 paid 11/1/23
Creditors
At the close of the financial year, we held £228.10 of fees to be distributed for Diocesan fees for Weddings and Services.
Fund movements and analysis
Selected period: 01 January 2022 to 31 December 2022
| Fund | Fund balances brought forward |
Incoming Resources |
Outgoing Resources |
Transfer | Gains and Losses |
Fund balances carried forward |
|---|---|---|---|---|---|---|
| Unrestricted | ||||||
| General - General fund | 8,010.93 | 77,475.22 | 89,452.29 | 7,850.00 | - | 3,883.86 |
| Sub-totals | 8,010.93 | 77,475.22 | 89,452.29 | 7,850.00 | - | 3,883.86 |
| Designated | ||||||
| Bonner - Bonner fund | 20,183.06 | - | - | - | - | 20,183.06 |
| Gorman - Gorman memorial | 876.79 |
0.75 | - | - | - | 877.54 |
| Halsey- HalseyFund | - | 500.00 | - | - | - | 500.00 |
| Horne - Horne fund | 351.51 | - | - | - | - | 351.51 |
| Martin - Martin fund | 49,265.43 | 40.43 | - | (5,000.00) | - | 44,305.86 |
| Row - Row fund | 34,710.93 | 27.69 | - | (2,850.00) | - | 31,888.62 |
| Wagg- Waggmemorial | 2,741.75 | - | - | - | - | 2,741.75 |
| Williams - Williams memorialgift |
121.15 | - | - | - | - | 121.15 |
| Sub-totals | 108,250.62 | 568.87 | - | (7,850.00) | - | 100,969.49 |
| Restricted | ||||||
| Barnes - Barnes fund | 52,895.36 | 45.44 | 2,474.79 | - | - | 50,466.01 |
| Bells - Bells fund | 173.00 | - | - | - | - | 173.00 |
| Bonner - Bonner fund | 1.77 | 17.66 | - | - | - | 19.43 |
| Choir - Choir Fund | 838.21 | - | 30.00 | - | - | 808.21 |
| Emergency- Emergency Appeals |
475.06 | 732.50 | 937.50 | - | - | 270.06 |
| Flower - Flower fund | 308.04 | - | 100.00 | - | - | 208.04 |
| RWD - Refugee Welcome Dagenham |
2,669.92 | - | 379.58 | - | - | 2,290.34 |
| Trust - Trust fund | 975.00 | - | - | - | - | 975.00 |
| Yellow - Charity distribution | 362.50 | 168.75 | - | - | - | 531.25 |
| Sub-totals | 58,698.86 | 964.35 | 3,921.87 | - | - | 55,741.34 |
| Endowment | ||||||
| Invest - Investment fund | 218,154.77 | - | - | - | (17,403.07) | 200,751.70 |
| Sub-totals | 218,154.77 | - | - | - | (17,403.07) | 200,751.70 |
| Totals | 393,115.18 | 79,008.44 | 93,374.16 | - | (17,403.07) | 361,346.39 |
Auxiliary funds
The Bell Fund is held on behalf of St Mary’s bellringers; income comes mostly from donations by visiting ringers, and pays for the replacement of worn ropes and broken stays.
The Choir Fund buys music and robes etc for the choir.
Flowers are arranged by a team led by Margaret Quinney, who administers donations and costs through a Flower Float; the Flower Fund embraces both the flower float and other funds held in the bank account.
The Trust Fund holds deposits made by hirers of the hall against lost keys and accidental damage.
Support funds
Members who support the church through planned giving (through blue envelopes or otherwise) often add an additional sum to be distributed to other charities at the discretion of the PCC (yellow envelopes). This is known as the Charity Distribution Fund.
The Emergency Fund is a channel for external emergencies.
The Refugee Welcome Dagenham fund was set up in 2018 to support a sponsored family from Syria who were housed in a church property in Dagenham. The fund is now used more widely to support refugees settled locally.
Memorial funds
The Barnes Memorial has continued to support our Parish Administrator £2,474.79.
The Martin memorial fund contributed £5,000 respectively to our general fund and support our current account balance.
The Row Memorial contributed £2,850 respectively to our general fund and support our current account balance.
Independent examlnerfs report to the trustees of St Marfs Ilford PCC I report to the trustees on my examination of the accounts of St Marf5 Ilfotd PCC (the PCC) for the year ended 31 December 2022. Responsibilities and basls of report As the charity trustees of the PCC. you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 20111.the Act'l. I report in respect of rny examination of the PCC'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 sertion 14515llbl of the Act. Independert examlnerfs statement I have completed my examination. I confirni that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: l. accounting records were not kept in respect of the PCC a5 required by section 130 of the Act: or 2. the accounts do not accord with those records: or 3. the accounts do not comply wtth the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulatlons 2LK)8 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 acr055 no other matters in connertion with the examination to which attention should be drown in this report in order to enable a proper understandin8 of the accounts to be reathed. £ kL* Ross Holland Fellow of the Institute of Chartered Accountants in England & Wales tlo 26 South Park Road. Ilford. IGI ISS 21 July 2023