| Contents | Page |
|---|---|
| CharityAdministrativeDetails | 3 |
| Trustees'AnnualReport | 4 |
| IndependentAuditor'sReport | 16 |
| StatementofFinancialActivities(SOFA) | 20 |
| BalanceSheet | 21 |
| GeneralFundIncome&Expenditure | 22 |
| RestrictedFundsIncome&Expenditure | 24 |
| CashFlowStatement | 25 |
| NotestotheFinancialStatements | 26 |
| 2023 | 2022 | |||
|---|---|---|---|---|
| Unrestricted | Restricted | |||
| Funds | Funds | Total | Total | |
| Incomefrom: | ||||
| DonationsandLegacies | 299,110 | 13,724 | 312,834 | 305,956 |
| CharitableActivities | 85,390 | 0 | 85,390 | 148,149 |
| OtherTradingActivities | 133,950 | 0 | 133,950 | 82,660 |
| Investments | 3,910 | 0 | 3,910 | 5 |
| TotalIncome | 522,360 | 13,724 | 536,084 | 536,770 |
| Expenditureon: | ||||
| RaisingFunds | 26,146 | 0 | 26,146 | 30,539 |
| CharitableActivities | 512,133 | 13,364 | 525,497 | 450,942 |
| Other | 6,624 | 0 | 6,624 | 5,871 |
| TotalExpenditure | 544,903 | 13,364 | 558,267 | 487,352 |
| NetIncome/(Expenditure) | (22,543) | 360 | (22,183) | 49,418 |
| TransfersbetweenFunds | ||||
| NetMovementinFunds | (22,543) | 360 | (22,183) | 49,418 |
| ReconciliationinFunds | ||||
| Totalfundsbroughtforward | 218,580 | 62,604 | 281,184 | 231,766 |
| Totalfundscarriedforward | 196,037 | 62,964 | 259,001 | 281,184 |
| 2023 | 2022 | |
|---|---|---|
| £ | £ | |
| FixedAssets | ||
| TangibleAssets | ||
| CurrentAssets | ||
| Debtors1 | 25,282 | 28,649 |
| Cashatbankandinhand2 | 289,668 | 311,260 |
| Creditors:Amountsfallingduewithinoneyear' | (55,949) | (58,725) |
| Netcurrentassets/(liabilities) | 259,001 | 281,184 |
| NetAssets | 259,001 | 281,184 |
| CharityFunds | ||
| RestrictedFunds4 | 62,964 | 62,604 |
| UnrestrictedFunds | ||
| GeneralFunds | 2,756 | 2,021 |
| MinistryReserve | 95,358 | 91,358 |
| ClergyAccommodationMaintenanceReserve | 12,990 | 25,947 |
| ChurchMaintenanceReserve | 48,752 | 65,900 |
| Vestments | 1,881 | 4,454 |
| StaffAccommodationDeposit | 24,000 | 20,000 |
| Servers'Robes | 5,000 | 5,000 |
| PlannedVicarageMaintenance | 5,300 | 3,900 |
| TotalUnrestrictedFunds | 196,037 | 218,580 |
| TotalCharityFunds | 259,001 | 281,184 |
| YearEnding31st December2023 | |||
|---|---|---|---|
| SOFA | 2023 | 2022 | |
| Headings INCOME |
£ | £ | |
| Donations DonationsEligibleforGiftAid |
88,161 | 86,958 |
|
| and Envelopes |
470 | 600 | |
| Legacies Non-TaxedPledges |
1,563 | 1,670 | |
| TaxRefund | 24,974 | 29,616 |
|
| Collections | 6,689 | 8,237 | |
| OtherDonations | 80,929 | 82,317 |
|
| Alms | 333 | 480 | |
| Fellowship | 4,221 | 8,610 | |
| SpecialClergyServices | 1,384 | 0 | |
| ChurchCommissioners | 6,000 | 18,000 |
|
| Grants | 71,386 | 41,612 |
|
| Legacies | 2,000 | 2,000 | |
| VoluntaryTrustAdminContribution | 11,000 | 10,149 |
|
| CultureVultureVentures | 0 | 788 | |
| 299,110 | 291,037 | ||
| Incoming SpecialServices |
9,919 | 19,073 |
|
| Resources HireofChurch |
90,560 | 95,633 |
|
| fromCharitableHireofHall | 23,671 | 24,743 |
|
| Activities OtherRents |
9,800 | 8,700 | |
| 133,950 | 148,149 | ||
| Activitiesfor ForecourtIncome |
37,632 | 37,607 |
|
| Generating NurserySchoolRent |
43,758 | 41,633 |
|
| Funds CryptRent |
4,000 | 3,420 |
|
| 85,390 | 82,660 | ||
| Investments Interest |
3,910 | 5 | |
| TOTALINCOME | 522,360 | 521,851 | |
| TOTALEXPENDITURE | (544,903) | (476,279) |
|
| SURPLUS/(DEFICIT)FORYEAR | (22,543) | 45,572 |
|
| RESERVESUSED: | |||
| ClergyAccommodationReserve | 12,957 | ||
| ChurchMaintenanceReserve | 17,148 | ||
| VestmentReserve | 5,073 | ||
| SURPLUS/(DEFICIT)INCORPORATINGUSEDRESERVES | 12,635 | 45,572 | |
| DESIGNATIONSTORESERVES | |||
| MinistryReserve | 5,000 | ||
| ClergyAccommodationMaintenanceReserve | 18,000 | ||
| ChurchMaintenance Reserve | 4,000 | 10,000 | |
| StaffAccommodationDepositReserve PlannedVicarageMaintenance |
4,000 1,400 |
5,000 900 |
|
| VestmentReserve | 2,500 | ||
| SURPLUS/(DEFICIT)AFTERDESIGNATIONS | 735 | 6,672 |
| YearEnding | 31st December2023 | ||
|---|---|---|---|
| SOFA | 2023 2022 |
||
| Headings | EXPENDITURE | E E |
|
| RaisingFunds | ForecourtExpenditure | 4,527 | 2,560 |
| EventsCosts | 21,619 | 27,979 | |
| 26,146 30,539 |
|||
| Charitable | LondonDiocesanFund | 97,000 | 94,000 |
| Activities | AdditionalClergyCosts | 49,322 | 41,079 |
| Vicar'sExpenses | 16,123 | 12,781 | |
| AdditionalClergyExpenses | 2,660 | 1,639 | |
| Rents,RunningCosts | 27,205 | 28,799 | |
| ArcheryCloseWorks | 12,957 | 0 | |
| VicarageRoutineMaintenance | 600 | 1,100 | |
| Children'sEducation | 3,319 | 6,458 | |
| AdultEducation | 570 | 52 | |
| DirectorofMusic | 21,601 | 17,299 | |
| MusicExpenses | 47,622 | 35,529 | |
| Fellowship | 13,849 | 16,447 | |
| AltarRequisites | 8,185 | 3,016 | |
| Light,Heat&Insurance | 22,162 | 19,954 | |
| Cleaning | 10,495 | 10,991 | |
| Grounds | 1,925 | 1,287 | |
| Repairs&Maintenance | 29,641 | 15,534 | |
| Printing&Publicity | 4,618 | 3,385 | |
| AdministrativeStaff | 55,133 | 51,333 | |
| Verger | 35,144 | 30,778 | |
| CateringStaff | 0 | 770 | |
| StaffPensionContributions | 28,199 | 22,676 | |
| OfficeExpenses | 14,979 | 15,195 | |
| Equipment | 744 | 3,597 | |
| MiscellaneousExpenses | 1,866 | 752 | |
| ProfessionalFees | 6,089 | 600 | |
| ContributiontoClergyDiscretionaryA/c | 0 | 4,000 | |
| CultureVultureVentures | 125 | 818 | |
| 512,133 439,869 |
|||
| Governance | |||
| Costs | AuditFee | 6,120 | 5,340 |
| BankCharges | 504 | 531 | |
| 6,624 5,871 |
|||
| TOTALEXPENDITURE | 544,903 476,279 |
| 2023 | 2022 | |
|---|---|---|
| INCOME | £ | £ |
| CharitiesIncome | 1,410 | 319 |
| Flowerdonations | 3,554 | 2,340 |
| MusicDonations—DirectorofMusic | 1,425 | 2,220 |
| MusicDonations—Singers&Musicians | 5,370 | 5,040 |
| Servers'Robes | 0 | 5,000 |
| ClergyLeavingPurse | 1,965 | 0 |
| TOTALINCOME | 13,724 | 14,919 |
| EXPENDITURE | ||
| CharitableDonations | 1,410 | 319 |
| FlowerExpenses | 3,554 | 2,340 |
| MusicExpenditure—DirectorofMusic | 1,030 | 2,110 |
| MusicExpenditure—Singers&Musicians | 5,405 | 4,371 |
| OrganTuning | 0 | 1,933 |
| ClergyLeavingPurse | 1965 | 0 |
| TOTALEXPENDITURE | 13,364 | 11,073 |
| SURPLUS/(DEFICIT) | 360 | 3,846 |
| BALANCEBROUGHTFORWARD | 62604 | 58J58 |
| BALANCECARRIEDFORWARD | 62,964 | 62,604 |
| 2023 | 2022 | |
|---|---|---|
| £ | £ | |
| Cashflowsfromoperatingactivities: | ||
| Netcashprovidedby(usedin) | (21,592) | 69,131 |
| operatingactivities | ||
| Cashflowsfromfinancingactivities: | ||
| Cashflowsfromnewborrowings | 0 | 0 |
| Repaymentofborrowings | 0 | 0 |
| Changeincash& cashequivalents | (21,592) | 69,131 |
| inthereportingperiod | ||
| Cashandcashequivalentsatthe | 311,260 | 242,129 |
| beginningofthereportingperiod | ||
| Cashandcashequivalentattheend | 289,668 | 311,260 |
| ofthereportingperiod | ||
| Reconciliationofnetmovementinfundstonetcashflowfrom | operatingactivities | |
| Netmovementinfundsforthereporting | (22,183) | 49,418 |
| period(aspertheSOFA) | ||
| Adjustmentsfor: | ||
| Depreciationcharges | 0 | 0 |
| (Increase)/decreaseindebtors | 3,367 | 16,137 |
| Increase/(decrease)increditors | (2,777) | 3,576 |
| (Purchase)/saleoffixedassets | 0 | 0 |
| Netcashprovidedby(usedin) | (21,592) | 69,131 |
| operatingactivities | ||
| Analysisofcashandcashequivalents | ||
| Cashinhand | 289,668 | 311,260 |
| Noticedeposits | 0 | 0 |
| Totalcashandcashequivalents | 289,668 | 311,260 |
| 1Debtors | 2023 | 2022 |
|---|---|---|
| SundryDebtors | 1,626 | 2,080 |
| CityofWestminster | 8,745 | 0 |
| IncomeTaxRecoverable | 14,911 | 26,569 |
| TOTAL | 25,282 | 28,649 |
| 2CashatBankandinHand | ||
| GeneralFund | 289,548 | 311,140 |
| PettyCash | 120 | 120 |
| TOTAL | 289,668 | 311,260 |
| 3AmountsFallingDuewithinOneYear | ||
| SundryCreditors | 49,009 | 51,405 |
| RentDeposits | 1,000 | 1,800 |
| AuditFee | 5,940 | 5,520 |
| TOTAL | 55,949 | 58,725 |
| 4RestrictedFunds | ||
| MemorialGarden | 3,834 | 3,834 |
| Music | 46,614 | 46,254 |
| Vestments | 1,244 | 1,244 |
| Servers'Vestments | 5,000 | 5,000 |
| OrganFund | 6,272 | 6,272 |
| TOTAL | 62,964 | 62,604 |
| FixedAssetsforUsebythePCC | |||
|---|---|---|---|
| Grand | |||
| Equipment | Piano | Total | |
| GrossBookValueat1January2023 | 41,732 | 17,000 | 58,732 |
| Additions | 0 | 0 | 0 |
| (Disposals) | 0 | 0 | 0 |
| asatDecember312023 | 41,732 | 17,000 | 58,732 |
| Depreciationat1January2023 | 41,732 | 17,000 | 58,732 |
| ChargefortheYear | 0 | 0 | 0 |
| ReleaseonDisposal | 0 | 0 | 0 |
| at31December2023 | 41,732 | 17,000 | 58,732 |
| NetBookValueat31December2023 | 0 | 0 | 0 |
| at31December2022 | 0 | 0 | 0 |
| Unrestricted | Restricted | ||
|---|---|---|---|
| Funds | Funds | Total | |
| FixedAssets | 0 | 0 | 0 |
| CurrentAssets | 251,769 | 63,181 | 314,950 |
| CurrentLiabilities | (53,882) | (217) |
(54,099) |
| TOTALASSETS | 197,887 | 62,964 | 260,851 |
| STAFFCOSTS | 2023 | 2022 | |
| £ | £ | ||
| WagesandSalaries | 96,788 | 82,111 | |
| SocialSecurityCosts | 10,737 | 6,355 | |
| PensionCosts | 17,580 | 14,613 | |
| TOTALCOSTS | 125,105 | 103,079 |
| At31December20 follows: |
23thecharityhadcommitm | entsundernon-ca | ncellablelease |
|---|---|---|---|
| 2023 | 2022 | ||
| Operatingleases | whichexpire: | ||
| Duewithin1year | 12aConnaughtStreet | 6,382 | 4,962 |
| 11StarStreet | 15,600 | 15,600 | |
| Within2-5years | 12aConnaughtStreet | 10,637 | 4,962 |
| 11StarStreet | 15,600 | 15,600 |