Registered Charity No. 1132895 PAROCHIAL CHURCH COUNCIL -ALL SAINTS- MARGARET STREET LONDON WI ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022
Registered Charity No. 1132895 Parochil Church Council CC) of All Saints Margaret Street Annual Report and Fill2ncial Statements for the year ended 31 December 2022 Contents ges VNUAL REPORTOF THE PAROCHIAL CHURCH COUNCIL Part I: Ain a1 puwses Part 2.. Objectives actwities Port 3: Achvements and perfomwce Part 4.. Fina1&1 review Part 5: Fin[1 statcnKnts {set outon pa 12-24) Part 6.. Plans for fjJbLrc pernds Part 7.. Structure, y)vern8nce and managerrrnt Part 8.. Administsative itrfomiatM)n FJNANCJAL STA TEMENTS Stalementof PCC rewnsibiliti&s 12 Indq)entht ¢x2tnAier's Statsmelltof fiDallci21 tivIt*S 14 Balance theet 15 Cash tknw ststement 16 Not&$ to the fina141 ststnKnts 17
PCC Aiiiiual Report aiid Fimncial SiutcJiKeiiLf Allnual Report of the Parochial Church Coulleii CC) of AU Saints Margaret Street for 2022 Part I: Aim alld purposes The primary obj¢d of the pato¢hiai chUb¢oUtli ffcc) of All Saints Margar¢t Street is the promotion of d]e gospel of ourLord Jegjs Christ acc(rding to the d(Ktrines arKlprncticesof the Church of England The PCC has the responsibility of cooEKratingwith theincumknt in promoting in thcparishthe wIle missioll of the churd pastoral, evangelistic. social and ecumenical. The PCC is SpOnSi1e forthe maititenance of the fakric of thechuh buildin& All Saints Margaret Street iq a Gradc I lisied building recognised as being of international archltctral and historic Si1[1canCc. Part 2: Objectives and activities The PCC is cotnmitted to cnablingas tDany people as possible to worship at our cbwcb 2nd to bccomepat of our parish ¢ommunity. Sin¢e its found10 the parishhas been atthe beart of the catholic tradition of the Churchof England, taking fonvard the work of the Margaretchal on this site where the Tractsrian movemthi originating undeT Kebl Pusey and NewmAn in Oxfo]d, was rStPlanted in London. Sincc the begnIng the Sunday liturgy has been cclebrated with due splendour. eacb day in 2022 the divine office ha5 been recitcd privately and the mass ¢elebrated publicly in the church. During 2022 there were no significant capitsl works except for the interior repairs and redecoration of No. 6 followingthe departure of the fomier assistant cuRte aDd in anticipation of thc aTrival his successor. this was paid for entirely by a grant fromAII Saints FouDdattoTL Ddails (rfthe W0Sapp<&r in the ChwChwatTh%, report on the fabric and articles. The PCC have complicd with theirduty to have due regardto the CharityCommissiixL'S public bthefit guidan when exereiynganypowers orduties lo which the guidanir is relevant They have also Co1der the Spec guidance on charities for the advancement of teligon. wor.ship undprayer Since the foundation of the paris}4 choral Tnusic ofthc hIeSt staTrJ8rd hassupprtedthe public celebralM)n of the lilurgy. Since the closure of the choir school in 1968 a profcssional choir of WOM ind mcn has been maintained This is a significantcostto the PCC although a subaantial part is now COntrited by the All Saints Church Marylelx)DeChoir and Music Trust. The PCC considers that the maintenance of the choral tradition as part of the missioll of the church is a public benef The nature ofpublic w¢yship aDd¢elebrion of thesa(raellts remain¢d affted. but to some l¢sw exteni than in thc previous two year4 by the nauonal restrictions dueto the COVID-19 patslanicuntil these were lifted the sprin& Tlit opportunkty to reccive from the chalice at all masses was rein5tsted from Eagter Sunday. with ihobe cominunicating ai ihe high altar rcc¢iNinu knLrlingai the altarrail. A secondeominunion tstatioi) before tlie b]dy aliar for those iN'ho wish 10 receive staiiding at nave floor level has beenmaintsined. Tl)e pr2ciice of intiJlcjn (coiiitnunieants dipping the host in the clialice) remains strictly lorbiddcn. The Satsjrday evening vioil Ji)a8sof Slin(Y was rcinqttqted on E&%ter Sattwdav J) Aprtl and has bccii niaintaMI sinc¢ then. Att¢ndance at the Sawrday vigil mass fullils the Sunday obligdlion. Folloivin() reopenino of churches after the lockibiim in 20?0 501emn evening i)iasses sung at 6 PM. Wha] the dail. cvetLing Ivasreijitrduced in late 2021 th&se NNtre at6..15 PM. Aftcr a litne of ex[lInentatioiIdnd con.%ultation with iho%e ii,ho reglarlY attejmled li was decided that all weekday evening massts should be a( the sam¥ time of 6.30 PM which was introduced from Monday i Ocwber 70?? ASMS PCC AnnualReportand Fan¢IL Statanents 2022
PCC.4nnualRew)rtaiid Finapic'ial Sial£pineii£s The rosary eontinued to be recited beforethe nooii mas¥ on Lbe second Saturday of th¢ i))ont]) with the supp)rt and participatioll of the members of thc Cell olour Lady of Walsingham The Socicty of Kingcharlcs thc Martyr held its principal cotiTh)unoration ofthe royal niatyratAII Saints. wid) a higli iiiass on Saturday 79tli January at 12 noon. This M'as for the s¢tond tinie while di¢ Banqueting House underiyoes repair and restordtion. Bishop RowanWilliantshadorigiFollybc¢nbookedasthe preathrforHolyWeekiD 2020butthis wascaDcclkxl due to the pd¢M]c,WI[]l rtstrictionscontinuing into ?021. The rish w&$ delighted (o welc()me Bisliop Rowwi lor Holy Week 202? Ivhen thecel¢brationof the rites was restor¢d Én ti)11. Daniel Forn1st0 AlexRea4 HaNey Solomon-Brady and John Wilkinson were confmed during the HI Mass of the Eastcr Vigil which w& celebrated by Bishop Rowan. For the fjtst tinic in three ycaES, the WalsinghamNati()nal 14"Igrimaue to()k placc iii klay and lh¢ Cell of Oiw Lady of Walsingbatn Organis a coaeh fromAII sain to the ¢v¢nL Becattse of th¢ Queen'sJubiLee celebrdtions thi% 'as on ihe Carly May bank- holiday. All Saintg a5 consecrated on ?8 May 1859. In ?0?? Ihe dedication fcstiydl was kept on Suithdy 29 May, whKh was the Sunday afterAseeiOn DAY. Tl)e Friends ofAII Saints ivcre also cncoUrlYed to be prestY]t if they coukl. A presentation was tnade io Fr Michael Bowieas bedqjaned as ourassis(ant priesL Tile hiJo J nNqss wastollowed by a parish lunch in the courtyard. PLniecosL Sunday 5 Jui)e il'as also th¢ day wheii the Lhurcli and nation ccl¢brated the Queen's Platinum Jubilee. The High Mass was again follow¢)J by a parish lunch in the courtyaAI. In 2022 theexteriorproccssionof theBlCsdSeranntW#SreS10rfylthroUghthC parishfollowjngthehi mass on the solemnity of COTPUS Cbristi. The n¢w canopy given in 2021 was used for the rst time outsidc. In late July. 21 pilgrims from All SainLS-many forthc f]r time- spa)t a wcekend in w&lsin8Jn on the atmU2L All Saints Parish Pilgrima (a8ain the first one forthrtt yeaTS).This was organis¢d by the C¢ll of Our Lady of Walsingham. Evensong on th¢ solemnity of the Assum10n {anticipatedon Sunday 14thAugust in accordance with Connll practice) was followed by an out(kbor prOCcl(l along Oxford Street beforc returning to the church for sokm benediction. A statuc of our LY of Walsingham w&$ lentbythc ¢ardina] re¢andchurdathsof the ptstb of St Magnus thc Martyr. Some 200 pcople were presenL During thc first two weeks of DecemtrKI there w¢re six carol sen'ices for exrnaTr organisations-. Ma£dakne College. Canibridgc. Rugby Schwl- Bisliop s Dioctswi Colle(Ic School, Capc Toii'n; Mcnon Collcgse, oxfo1. Migdalen College, Oxford atNJ Freud's CoTFmunicalions. The parisl) service of nine1¢5sons aiid ca]ols ivas hekl on tlie Sunday eTreninoofAdvtht IV. Tiie poorly attended lunchtirt carol ¥ervice aS disu)ntinual, aiid 2 hi mass was reintroduced on 8th December for th¢ solemnity of thc Immaculate Conception. In addition to our honordry as5iStantPTleSL Fr Julian Brownin& the followingpriests havc assisted to Inaintsin the ¢elebraiion ot d)e nwssThvice tscbday1hen our own stsff of resident clerg). Ikas reducedin number.. Fad1ry5 Aidaii Banl¢ii, Anders Beroquisi. Reo Bushll Jan]es Che(yiiiddth. OIN'en Dobso Mattliew Du¢kett. Jerctny Haselock, Roderick Leece. Peter ML&ary.. Bdnic Nth"ion. Jack Noble, Nioel Pain)tt, Tom Sander, PaulM]onHs Isintc consecrated Biihop of OSwes} and Guy Willis. On¢ of the chief worksof Chri&ian charity Ès prnYerfl the departal. There are usually r¢quiem masses on the third Saturday of eachmonth. There were scveral funcral and requiem n5¢$ for particlllar souls in 2022. Thcre was a highma&s ofr¢quiem for there* of the sou] of Craigwilliams RIPon Saturday 15 JaTJuary. Craig hadbeen a s¢rverforrnanyyears,somelim¢memberofthe Pccandaprincipalhelperwith thecourtyardgath. He di¢d in 2021 and his fiernI had been hcld near his home in Middlesex. The fuiieral Tites of Rosemary Harris RIP were celebrated atAII Saints. cliurLhon Wednesday 26 January. H mortal i'emaitisiverereLeived into churehand aHighNlassof RequicTnotTeredfortliei'eposeofl)ersouI folli)Thed by the conimittlll which took place the nextday ai Mortlake creniatoriuni. Rosemary had been aSSilldwith ASMS PCC Anrtual Reportand FiThancial stelts 2022
PCCAniitsol Rew)rt aiid Finaiirial Stlll£pmeiits
All Sainis for niany y¢ars and had been a habittHI cOne[wIlen she iiioved back froin Dorset to ton(k)ll at
the end of tlie labt ¢enLury.
A low mass of requietn wag celebrdted on 6 Junc for Brian Parker RIP Th0 died in Australia and was tl)e
grandtatlier ol. Saniantha wbo ivas uiiable to make ihe journey back for liis fuiierp¢l.
A high mass ot rcquiem w&s eelebraÈed forthc re. of the s(1 of Gcra]d Reddington, pries¢ RIP oi) Sabjlllay
?5 June. Fr Gerald dIedding the lockdown in ?O?O and his fUra] 011 tlie Isle ofWighL FrCIa]dh8d k)ng
been associthted wi(h All Saints where he niarried his wil"e, the actress Valery Gaunt_ He served as honorary
assist2ntpriest ofAII Saints 1985-IY89 before becoming vicar of St Barnabas Ealitig and assisted I"Iot)I tin to
lime at All Saints in his retireinent.
A mas,% ofrequiem waS¢¢ITated there of the swl of Patricia Simr6on RIPon 6 September withher fani
in attendancc followino her earlier crcmation.
Itnmediately following theannouncement0fthedthOr Her tate MaJe#y Queth Elizatili11, aftcrthe evening
mass on ihc Nativity of our Lady on 8 ScptLmbLY, the oreen fcrial han(yings were repla¢ol with black h8gg5
and black froiitals were hung on bot]) altars. The altar cand]es at]d Stocks ofunbleached aX werebrought OUL
Thc folloivino day thc ritU21 enipty carafalquc wasrecollitn(ed th¢ sanie l)eight as in thc pliot()graphs of the
requiem for her grandfaiher, Kinu Geo¢ V. All niassesw'ere of requiein for e rep)se of the la(e Queen s soul
from the day atler her death until tlie end of tht day of hei burial on 19 SeptLmb¢r: except for the feast of thL'
Holy Cross wlien the mass ol The day toOkpr¢ce(kt. Aspecial HI1) Ma%s of Requiein io thL musical setting
by Faurc was celebrattxl on Saturday l O septelnb. this was folloi%ingby ihe ablutiOns. The solemii requKin
on Sunday I I SeplemEcrwas sung to the settino by Victoria andthat on Sunday 18 Septemberio the settingby
Maurice Dvrntlé.
Th¢ funerdl ma&q. with choir. was celebrdted for the repose of the soul of Keith Jaffa RIP on 30 September.
A mass of requiemwas celebrated for the rewse of the of David Robbin RIP on 30 SepteMr. His funeral
WAS l&ter l)eld ill early November atAII Saints. Wesl Dulwfftch V¥here be had family connections.
A mass of requiem was ccld)ratedon Saturday l Oth De(tmbuai 12 noon for thc rcpose of the soul of Grenkll
Prince RIP. who died and was creftialed privtttely earlier in the year_ Grenfell was a soiiietin)¢ ni¢mber ol'tl)e
PCC. assistcd ill the bar where hc li'as also club menibm-hip se¢rdAry and for rnany yeais Cooked elaixnate
parish lunclies.
Upon thc dnnoL[n}t ot thc death of po Benedict XVI on the morningof 31 Dember the gold froiitr]
reinoved from the lady alr, replaced wilh blxL and a low massof requiem cel¢bttkted for the repose of thewl
ot the fornier Patriarch of the West.
Pastoral eare
Confes0$ may be hedby priogt in ChUbber0T¢ lowmas8 orby ardngenKnt. The clersyvisitparishymeT5
in their homes or in hospital.
Jn latc April it was aniiounc¢xl thai Fr Michael BOle hadbeen app)intcd as th¢ new i-icar of St Pctcr s EaslErn
Hill iii Mclbourne, Au.%tralia. and his last Sunday atAII Saints would be 9 May. Fr Michacl had been assist1
priest ofAII Sainis, siiiee Passion Sun
PCCAnnuul Repcirl aiid Finan¢-wl SiulcJiJienl.¥ Thc ¢lectoral roll was completdy eed prior lo the annual meeting in 2019 whenth¢re were 158 ple on the new roll. At tbe beginningof 2022therewcrc165 narr£s onthe eledtsnl rolL Therewerea num who no longer satisfiedthe Tules for COT]titiual inclusioll of th¢ roll andthe r¢visfxI roll prentedto tbe APCM in 2022 stood at 135. At the end of the 2022 there was one deletion due to the dcath of Sybil Prtestnell IUP and One addition with the roll rcmaining at 135. Therc are arowid 135 dwellings in th¢ patish of whi¢h Some 25 8 believed to beVat. ThepotioniS just over pc¢4>leofwhotn two were on the ele¢tordl roll in 2022. On a nonal Sunday (n including East¢rDay or Chtithias Diy)there was an avtTage of158 attCTteSpkns 2 Children in churcb {2021-. 87 and 2) and 59 live views {2021= 79). During wcckdays therew¢re an average of16 peq)leeacb day atlow rntss {2021.. 13) and an arage of15 live views (2021.. 23). On Easter Eve there were 129 wor5hinxrsand 107 communi(2nts. Easttr Day thae were 254worshippas and 170 communints. TheEastcrnumlxY for 2022were an ovuall incrose on thecorre4)onding numbas for 2019 before thepandemic lock(k>wL Cbristmks Eve therc were 108 woT5hippets and 75 communicants. Christmas Day therewcrc 87WOrs"WS and70commulli1gnts.AlthoughtheChristm&SnumFK for2o22wereMarltslly down on those for 2019, beforcthc ndeMIc, therehasaIwaysbn a wide fluiuation in thcsc figurog each year as many ofthe regular congregation return to thcir fatnilits outside tndon. Thtte were fourbaptiSTllS of infants (2021.. 2),oneadUItbaptiS fourc8lIdateSW¢r¢C0nfirnKd(2o2I.0)andornarrj0gts(2021: 1)Threefuner2Ls were held in church this year {2021-. 0). Buildings During2022 the chChhasb¢eopcllOn Monday5toFridaysfTom]atemorningbefor¢theniKJnmassandclo%d after the evening mass. Details of buildingwork are setout in the separnte chUrchWder, report on thc fabricand articles and in the report from the Health, Safety & Buildings committee below. Mxssion catechesis The Lent lectyre was entided"The Infinite Vision: StAugustine andthe fonrJatioD of tbe Western Mtn(L" w ven in ehurch by Fr Dominic Keech on Friday 8 April just bcfore Holy Week. The autsjmn study day arranged forThur&lay 20 Octrknon-seeing Goit. Tha)logÈes of theTran%figuratN)n" at which the speakers were to be the Revd Dr Peter Anthony, DrGrcgory Tucker,and the Rcvd Dr Ayla Lepine, UnfornatelY. bad to be c4n¢elled the day before due to illness. A book launch for FrPeterknthony's r¢cently published acadeTnic moJx)graph on the Trartsfigur*ion entitsl "Patristic Perspectives on the Transfiguratio IDtcrpreting Vision" was held in church on 31 October. This attracted a large number of people Tnanyofwhom We pr£stht at thesolann evensongof All Saints and soi benediction which preceded the evenL The onlinc zoom theology sessionsc0nlinI in 2022 wkth five diverse subjects addrosssj.. On 15 March, the vicar, led the session reflecting on rcfl¢cting on Rowan Williams, recent book, "Looking East in Winter. Contemporary Thought aThl theEastem Chn"stianTradition."" On l O May Fr Michael Bowie gav¢ a p sentatu)n on 'Damned byour KnOledge.: Engknsb religiousanxiety in GrahamGreene drawing on material fromthree of hi5 novels, The Power and ihe GION, The Heortofthemaner and The End oftheAffair. On 12 July the vi exploTed novels about the building of cathedrals foo1ng on Ben Hopkn"Ds' new histori1 novel, C&ihedral comparing this with otheT similarworks and asking what is il about tat buildings thatseem to speakbeyond themselves aboutthe divine andthepowerof human creativity? Howdo churchesoperat¢assacranKntsofG(Kl's presenceandwhy do tbey feel so ne¢Sary forthe offering of Christian worthip?On 6 Septunberthe ViGqr kd a seminar ¢xploriDg conmtmry biblicAI scbolarship concerning the Eucharist through Br2nt Pitre's recent Wotk on the Jewish orig]ns of the mass'JesusaDd the Jewish Roots of the Eucharisti Unlockingthe Secrets ol the Last Supper,; On 15 NovunbJ Fr St¢v¢ Rice led the seminar from North Caiolina entitltd'christ al the Aliens- what would be the theological ¢onsequenc¢ of discovcring life exists beyond our world?" ASMS PCC Annual Reportand Fikaocial StstemeLMs 2022
PCC.4KnualRepi)rl and FiAonc'ial SiuliAmeiiLf ID 2022 thcr¢ was a wide range of vislting preacberson SundAyS and Holy Days.. the Revd Dr Canon Jctemy Haselock on Wedna&y 2 Febnwy 2022, the fst of Candlem&" the Revd ML ariorie Brow[4 vicarof St Mary'4 Primrose Hill, on 27 February 2021 Sunday NextB¢fore t£nL the bish) of Fulham on 6 March2022, Lent [ the bishop also celebrated the High Mkss- the Revd Tom Sants, rector of St Gilcs-in-the-Fields on Sunday 27 Marcb 2022, Lent IV; Dr Sist¢rGemma Simnn$, CJ. MaretBef0rt Institute of Thcology, CaMld on Sunday 3 April 2022. Lentv, Passion SundAy,' Bishop Rowan Williams prea¢hal at thc principal liturgy eacb day in Holy W¢ek and Easttt Day. SuD(L4y IOApril- Surkny 17April, cxc¥ on Tucslay12 Apn] kn he wls in Ukrdine, he akn w&s thecelebrant at the high mxss of the EAstervig]I Wh heconfirmed fourcandidatffj The Revd Steve Ric£ rts)r, St Timothy's, Wir6ton Salcm, North Carolina,USA, on Sunday l May 2022, Easter IIL after hi mass hc gave a shortpresatratson aboutthe life of his p]sh, especially thc cxtrnirdinaryrenewai of the cllurch building which St Timothy's bave UJLdotaken recently entided"The beauty of holinS and the holiness of beaity- why ourchureh buildi mattcr". The Revdcarol BarrdFord, vicar, Stmartin's, Goq)cl Oak on Sunday 15 May 2022, Eastcr V,. The Revd Max Bayliss. chaplain, Quee%. College, Cau)bri@ on Thursday 16 Jun4 th¢ solemnity of CoTpusChristi. Thebishopof Full)am on Sunday 3 July, feagt of StThom&s the Apostle, the bishop also cclebrated the TnLSS, admitd the neWChurchwaAs to office and bless¢d the new green high massvestsnent& TheRevd GrnaneRowiandq, vicarof St Silas,. K¢ntish TOFM on Sunday 14 Au the Assumption of Our Lady (antici1 at solemn evng before the extcrnal proccssion; The Revd Dr Bany Orford on Sunday 4 Sept¢Tnbtr. Trinity xn. The Rcvd Clare tA)wltn& rectorof StPaul'g, RossM0 Ro&1 and arca de on Sunday 23 (ktthLY, TTiT]ity Xtx. The bish(4) of Fujhan on TueaY l November. the solemnity of All Saints,, the bishop ilsocelebredthe high mas8"The R¢vdAndrcagWenzel,viteprinciF01 of SL Stephen's House, Oxford on Wednesday 2 Novembcr, ComMell10n0f All SOULS The Revd Nigel Palm¢r, assistant pricsi of SL Miehad's, Croydon on slaY 6 Novetnber, in th¢ octaveof Ali Saillts.. The Revd Bruce Bat#on4 rector of Homsey on Sunday I l De¢en*)LT, AdventItt and the Revd Dr Barry Orford on 24 December atthe solemn Tnidnight ma55 of Chri5ttnas. The vicar with a group of eleven parishioners joinedthc retreat w¢ck¢ndin Walsingham from Friday 2 until Sunday 4 DecanE¢r. The retreat lead. BishopRog¢rJupp. VIOr StLawrence,Long Eat0 The retreatv8 silent from after supper on Friday nIt to the Mass on Sunday mornin The live streaming of the m&%s has continueil with mwe perrYent camcrasbeing instslled. Esp7&[ thaSar¢ due to voIunteeisesQla1IY Huw Prytt, RichdEVert0na¥ PaulW¢sw who have maintatnedthe syacmand prOCede& The live streaming of masscs has allowed those who were uuable to be physically present k) participale contrmpordneously the liturgy and spiriwal communion. Including those participating in live servic¢s, All Saints. YouTub¢channel attsactrd 204,200 individual 28.700 viewing hours of live or recorded services during 2022 and 1.300 subscribers. EcumeNism Duringthc W¢ek of Prayerfor Christianity in January 2022. itwas a joy to welcome frieThJs fwmNotr Dame de France frdncophone Catholi¢ Churcb in Le1c&sr Squareto All SainLS. They weregiven a tourof All Sain tra in the VicOTage, and stayed for the evening office. On the eveningof Sunday 6Lb March2021 Lent I, All Saints, IKJoedDr Christian Stableity the Bishop of Ber]in- Br&ndeJLburg oll his rst official visit to London since beingappolntj bi$] in 2019. He sat in choir opwsile the archdeacon of London. The Blshop of LK)ndon had inten(kd to be presentin cboir but was unable due to testing positivc the previous day with coronavinLS. Even9)ngwas followed by solemn pontifical benediction at which the bishop of Fulham was celebranL The lirgY was followedby a receptionto which all parishione15 were invited in honour of the bishop of Berlin and his delegatton. Volunteers Volunteersmade asigDifiixntandinvaluablctontriixJti¢Jnto thelifc ofAIISaints. CoMmittv0]unteerscOljnue to provide support: beinginchurchonweekday aftern(x)nsto w¢ltonV]SitorS,SeInsln the sancttwry,assisiing as sidesmen, servingrefreshmenLs afts Sunday morningservices. readins gardeniug, postingon social medi arranging flowers. operating the ¢2meras and maintainillg the YouTube channel for live streamin ASMS PCC Annual ReportaDd Financial Stawnettt5 2022
PCC.4nnu41 Repcprt oiid Finanl'iol Siotemenl.s The coUrtYd garden on¢e again won the Gold Prize ID the churchyard category of the tA)ndon in BI competitiOL Our apWc1atig0CS to Shawl W¢lbyQN)kcfw the huge atTh)utts of time and effortheputs into th¢ garden. As there are now many opportunities to join in supporting the day to day work and welcome at All Saints, members of the congregation are encouraged to off¢r whatevcr time and tslents they ca]). Groups and aclivities A 0Up visited the exhibition"Durer'sJourney& Travels of a Renaissan(r Artisv. at the National Gallery on Friday 14 January2022 where a tslk was gven by Dr Susan Foister, deputy dircctor of thc gallery. This w&s followedby dinner at a restsufdntncarby in Litchficld StreeL On Friday l July there wag a parish visit to the cxtraordinary Raphael exhibiiion at the National Gallery. followal by dinner in Litchfield Str¢eL Fifte parishioners madc a trip Èo the Bridge Theatre to see"The&)uthEA]ry chil statliDgAlex Jcnnings on avay hot evening OD Thursday I I Au8usL In 20212nd 2022 an escort of Che]sea pensionus surrou11 thc statue of Our tAdy in the AssumptK)n processioll. Twenty peopletook in a parish visitto the Royal Hospital Chelseaon the momingof Satunlay S October. one0fpe8IonerspreI in the AssumPtionprCss1QnShowedu9rOUlXlthtilrqu3rtersandFrStcV Brooks. the chaplaincbaplain, showed th¢ 0Up around the chapcl. The visit ended with a drAnk in the P¢llsioners' club. The participants paid the full costs of these events. Friends ofAIISuints Margurer Streel The Friends of All Saints, has experienca remarkablerejuvthation ovuthe past twelve months since itWaS re-foU1ed in Jallu2ry 2022. In the pas# year, 181 peopl¢ havejOin therenewedFriends scheu]e. Ofththe 181, 105 are-Fricnds" contribuLing£25 per ye. and 76 are"Bcnefactors" contributing at Ic&st £120 pcr year. This repTcs¢ntsannual givingof £1 1,745 toAII Saints,. All Frietslg of All Saints, receiv¢ the parish pwr twKe aytsr full of news, reportg on recent events and speakcrs as well as dctsils of upcoming services. The parish publishes k deÈaile¢ weeklyemail newsletter.This incbjdes a reflectton from the clergy and detAIs of 5ervic, forthcoming evajts, news, mission projc¢ts and aRxals. Ow websit is regulady uplatedto inchm complete infornjation aboutevery asprft of parish life. We also have an #ctive attd popular page on FkcdxK)k alld post regularly on Instsgram. ASMS PCC Anrtual Rq>ortand FanCl Siataneths 2022
PCC Aniiual Report uiid SiatÉ'inents Part 4: Financial review Brief 5tatemeDt on the PCC'S financial affairs for the year ended 31 December 2022 by the hon. treasurtr Unrestricted Funds It has been anotherdifficult year with revthu&s sulxstantiallybclow pre-idemiC levels aThJ this hasresu]ted a dcficit for the year of £821 This would have been significantly higberhadFrMithiel Bowie not Icft in May 2022 and thc PCC had been requir&J to fund two priests for the full year. Given the precariws state of the fillances, efforts havebeen made to redee0sts in 2023 anda stewatdship catryydign laund)¢d to ty and make thc books balaTKe in the short temi. Funbttefforts will b¢ required iti the midto lollgtemi ensure that w¢ can continuc to finance a full parisb life. Incoming Resources General conegati<XIal giving excluding legacies totalled £20&401 whÈch is an encouraging in¢re&se on the £177,856receivedin 2021. Renttl income increased sligbtly at £63,732 whilstotherpmr£rty inco broutht in £29,733. How¢vtr, without SIlfiCa investtnajt it is unlikely thatadditional furth income can be realised from thi5 Source. This though is an atta thal with imaginativeplAnrting mightprovide si]rIcantfuDtsng in the mid to long term. Resources Used The PCC contributed an amount to the dioce& common furKI of £1 10,585 which was Icss than anticipatsl following Fr Michael Bowi¢'sr¢turn Australia. This reMaId ofthe PCC's12rgest ltrn of expenth"ttuc. The overdll music costs includingthe wag¢5 paidto the dIlor of music ONI assistaJLt d]rtOrof mle tota]kd £124,267of which £63,IXIO was received in 8rants from th¢ All Saiuts Church Marylcbonc Choirand Mus Trusi {ASCMCMT). As always. there is a n¢¢d for a large level of geacral maintenance which is reflectedin the £24,202paid out during the year. After excluding the wages paid to the director of music and assistsnt directorof music, the wages paid to the sacristan, choir I1 rarian and parish administrntor talled £44,344. Restricted Fun The restricted income during the year totalled £168,259. a large part of which rclated to grants from the ASCMCMT as mentioncd alxive blli wlll.ch also Includ£46,1XM) from theAII Saints Foundation to No 6 Margaret Street iti tbe advance of th¢ arrival of Fr Alan Rimmer. Afterallowing for ¢xpaJdtnre forthe yearof £169,407, thtte is a restri¢tcd b21all atthe year-end of £96,46A of which £53,046 is available for futt¢ r¢storntion W0S. Reserves As at 3 1 Decembcr 2021 there are unrcstrictcd rcservesof £17,991 of w"Ch £1 0,357 are Undesiated This is clearly insufficient and increasingthe level oftesaves overthe next few mustbe of thetop prioriti¢& Part 5: Finaneial statements These forni part of this annual TCPOrt and are set out in this do¢ument starting OD pag¢ 12. ASMS PCC Annual Reportand Financial StatLThents 2022
PCC Anpiual Reix)rtaiid Financ'wl SiattApN£iits Part 6: Plans for future periods The PCC will continue to pursue thc aittLS and obj¢rtives 1dtifi1ear1ler in this report forthe publ1cbenef In addition to these generdl plans, the PCC hop¢s to achicv¢ the following key objectives in 202 3.. l. To work with the parish priestondevelopingthemissioll and ministyof theparisb havingregdrdtTr the Mission Actiou Platt agreed by the PCC in August 2021. 2. Complct¢ a review of owgoVen]aeprocedeslnC1udIng fmancilll controls and our policy on risk. 3. To hold a further PCC iway day in thesummer of 2023 to coLsiderfutyredevelopmaLts indudinghow tbe WC and kitchcn facAlities should be upgrdded. Part 7: Struethr4 governance and m2nagement The parochial chUb council is a corporate body estsblishcd by the Church of England under the Parochi21 Church Coun¢ils Powets Measure1956which is the governiogd0Mclll. It is also a ¢harity registrralwith the Chatity Commission as charity number 1132895. The PCC The method of 2pp)intn)cttt of PCC Jnembets is s¢iout in the Church Represtion Rules. Thosewho attsd services aT¢ encouragedto registeron the cleeioral roll and auend thc annual mceting in which meMrS of the PCC ar¢ electcd. The PCC members areresy)nsbi le f0rmakingdecisl$O all mat$ of gena81 con 2Th1 immnce b the parish including deciding on how th¢ funds of the PCC arc ts) be spenL PCC members who have servedat any tim¢ since l Januay 2022until the date this reportwas approvedwe.' the Revd Dr PeterAnthony (vicar and chair), the Revd Dr Michael Bowie (assistsntpriestuntil 3 1 May 2022, licensed to the end of July 2022), the Revd Alan Rimmer (assistallt curate froln 12 February 2023) the Revd JuliAn Browning (honorary assistsnt priest). John Forde (lay membeT from 22 May 2022, vice cha, churchwarden ulltil 3 July 2022), christoph Sclf (churchWaen until 3 July 2022). KAte H(Nlgetts (lay until 22 May 2022. m¢mber as Churehwardeneleci frotn 22 May 2022 and churchwarden from 3 July 20221 Huw Pryce (mcmber as chUrchr(kn elect from 22 May 2022 and churchwardth frotn 3 July 2022), Ma Antherst-Lotk (lay member until 2 May 2022), Charloue Black {lay member, until 22 May 2022), Kirill Dashkovskiy {lay meMr. from 22 May 2022I JanctDtake (D¢aDCry Synod member). Richard Everton (by mcmber, ftt)m 22 May 2022), Paul Faithfull (lay member. until 28 April 2022), Rachcl Foss (lay MCMIr, froln 22 May 2022), Daniel FÉelden (lay membu. from 22 May2022). Nick Gralka {lay member),Aiden Hargeaves- Smith (General Synodmemiv),Patrick Hartley (Iaymemlr).jan Lyon{lay memberunti122 May 2022), Judith Math¢r (lay membcr), John M¢Whinncy (lay mevnber). FraD¢es O'Neil (Deanery Synod member), Kei Postance (lay member), Cedric Stephet]s (Dcanery Synod member), Christopha Swift (lay member), Colin Symes (liy member), Jeremy Thorp Oay member), Shawn Welby-CDoke(lay men]bLT. Until 22 May 2022) aThJ Gcoffrey Woodcock (lay member). The PCC made the following appointmeDts during 2022: Vi¢e-chair John Forde HOD. treasurer Patrick Hartley John Mcwhinney Danicl Ficlden Hon. secretary Electoral roll officer S¢nior sidesman Safegllarding officer (childTen and vu]nerablc adults) Janet Drnke K¢ith Poslanc¢ Members of the stsnding cotllmitteew¢re the Revcrethl Dr Peter Anthony),JolhnFoTd< Chris Self (until 3 Juty 2022), KateHodgells{ftom 3 July2022), HuwPryce (from 3 July 2022). the RevdDr.Michad Bowie (unth 22 ASMS PCC Annual Reportand Finakcial Statatsents 2022
PCCAnHual Rew)ri and Fillopicl SialcJiiieiiLs May 2022). Patrick Hartley And John McWhinD¢y. There is no lornial inductiffl procw fgrnewmembersof the PCC. However, Charity Conllnission literdtutz i made available to new MCM explainingthe rcsponsibilitiesand duties of tsvste&8. Mcmkts of the PCC encollraged to attend training courses 2Tranged by the dioccse. The PCC had four full rncetings in 2022 plusa short meetingimmediAtely afterthe APCM oll 22 May sokty trj appoint officers- all meetings in 2022 were ID person. Given its wide responsibilitics the Ffc has a numberof¢ommittees,u¢h coveringa particular a8cl of pah life, natnely Events & Hospitslity, Hc21th, Safety & Buildings and Outward Giving. Fach committee responsible to the PCC and repors back to it regularly. During 2021 the PCC consideroj a numb of govern¢ i55u¢s relating to ernploynnt st&bJs, tenaleS and financial CODtrols. This proce&s is ongoAti& Cler2v The vi¢ar and parffish priest is the Revd Dr Pet¢r Anthony. The Revd Michael Bowie was licensed as assistant pricst until the end of July 2022. The Revd Julian Browning is Ixcensed the parish as honorary assistant priesL The Reverend Alan Rimmer licensed assistant priest on 12 February 2023. Associated ch4ritsble trusts There are two charities which are connected with the All Saints PCC: All Saints Church Marylebonc Cknirand MlC Trust{registrredchaTity no 802994) h&8 as its objectto maintsin &nd proJno* the perforniance and appreciation of church tthusic in Marylcbonc. in particular at All Saints, All Saints Foundation (gistrTed charityno 2733g)) has among its objects the maIntCn2e3nd repair of the church. All Saip, Club The bar opened afterboth maiti Sunday ser¥iccs atslmaior weekday fra%ts throughoutthcycar. This w&8 thefll# complete year of optyats'ngsince 2019. The Baris an importAllt venue for membas to meet and to bring8ues There wcr¢ 75 members in 2022. Thc club PTovided refre5hllnts. atno cost to the PCC, for major fe&sts includlngcorp% Christi and thc Fea%t of the Assumption and is also rcqyonsible forCowty8 refreShnlts. Teaandcoffee are providdl Whatev¢ weather, and shery during the summer. Scvcrdl members of the Congregation have Celebrated SI1r]eant birthdays wÈth drinks in the courtyard. Providing hospitality and welcome arc labour-intertsive tasks and we rety on a relatively small numLv of committed voluntetts to whom we are very gratefu]. Ncw retTuits arerequiTcd if these servi5 arc to contn)uo The All Saints, Club AGM took place after evensong and benediction on 4 Decembcr. Risk management The members of thc PCC eonfinn thatthey have given consideration to the major risks to which All Saints., its PCC and thc chariry are exposcd and satisfied th¢fft5elves that Systetns or procedures which are des1)ed tt) manage those risks have been established This is the respS1111ty of the PCC. Thc PCC Continu to keep the various aspects of rssk assessment under review. Polity on Ttserves ASMS PCC AnttualReportand Financial Sla(emetth5 2022
PCC_AnnualReN)rt Fi17allL-wl Siaieinenl.s The PCC'S policy is to maintain its reserves atas high a level as possible as it may well be f&aJwith e%Qd expenses oll the important buildings entrSted to its care. Itneeds to have a reserve to COVLT any fubjre shortfall of revcnue which m]tbe caused by expenses iDtreasing or contributiotks fromdonots reducing. The PCC'S policy is to invest any fuNlbalalleeswith the CBTChurch of EnglaThl DesIt FuniL This indud¢5bothgenaa] funds and funds rais¢d as part of the restoration ippeal. Safeguarding At its meeting on 26th July 2022, the PCC resolved to reaffirtn irs committnentto th¢ Diocesan Safeg1rdtt)g Policy wbicb it is askedto do at the first Mtingfollowillgthe Annual Pl[bIal Church Meeting¢a¢h year. The PCC has ¢ompliedwith the duty section 5 of the Safeguardingand Clcrgy Discipline me3re2016 (duty to have regard to House olBtshops' guidanccoD safe8uard]llgchildrn and v]nle &dulLs). A copy of d parish policy ststrment is on display in the church. Chris Self res1cd as safeguarding officer forvulnerdble adults. JanetDrakewasawointed safegUalti8 off for ¢hildren and VU]llable adults. A mattcrof conctThW2s broughtto ourattentionduringthe yearwhich was reported to the diocesan safeguarding team and dealt witb joindy by the dioccse and All Saints.. in line with diocesan predur£S. Janet Drake up&talher Saf¢gringtraIn1rt8and rencwd her DBS Enand certif She remindcd the PCC and churchward¢ns of the nccd to Undertake appropriate trainin& Heoltl4 Safety 4pJd Buildings eommillee Members of the Health, Safety & Buildings committee in 2022 were.. Nick GTaika {chair}, John Forde, Kei Postanee and Mark Fleming. The committee pmvided the following pOrt General As we emerged fromCOVID restrilalo ¢ompldely, ith&s beeneDeA)Ingto contint0 re¢eivemuth hdp frorn volunteers foTOUt processions and events. A ierurn to in-psOn PCC Tyjeetings hasb¢en a welcoTT rell]m to nornialiry. Thc upgrdding and remeth'al prepardti(x]s of the living accomm(yJation foi our assistant prie residenc¢ have prO¢sSed well. Extcnsive work was tarried out butas no work h&s beell Undertak for many years this will ensure fabric resilience going forward. All Saints. have again rctsined our insurers EcclesiLstical. The required annual review of our Health and Safdy policy was undertakcnhavtngbcfn passed to all tnemixrs of thc PCC for COTllnnL A re¢Mdatiothat the PCC continuc to follow it was made and approved at the PCC mceting in January 2022. Any accidentshavebeenreclttl in ourac¢i(kntbookalldfollowup Investigationsulldertakwb¢retteceW. The churchwardens have been keepingthe Health, Safety and Buildings committee infonn, wbichremains receptiv¢ to ideas for improvemenL John Forde b#s continusjto ensure our electric, gas wattanry, safety checks are up w date. alld various sub- contractors have conlinued to provide services as per church office ae¢¥entl directions. The c0utytthasbCkte]eanwith thorgh clcarlngupacVtslnvo1vlngf()danddri1th.shawnW¢]by- Cooke has againgen¢rouslyvolun¢ttedto enweplants and bushes continuc to thrive as t visual wcl¢ome. Inspeclions IDspectioJhs by the Health, Safety and Buildings collllnittee have been undertaken througbout the year both internally andextemally atkroundthreemonthly InterS. The last]nsetionwas Deeember2022. Photogtaph evidcn¢¢ is Tnaintsin¢d on file". rwf areas are inapparenisatisf&thry order and all acee&8 doors and hathcs have been found secuted asprevi15ly. La¢Mers,strpsand fwt as&sts are all in order. Safdy wireswh¢tr fittd were found s¢¢ure and ready for immediate employmenL No rodent or pigeon problems were noted. Internal and cxtttnal (groulkl levd) inSptttiS were undertaJ(enon a monthly basis with a thrc¢ monthlymk around public and non-public arcas. Accesspoints were foundoperational with locks workin& All areas when inspected were fowKI cleaJL tidy and well maintsinol. The fir¢ alami system was found in 11 working ordLYand ¢mergency signage in pla(r. When rLuire(L ci)rrective arttonbas been taken andlorthe relevantop1enotifiQ ASMS PCC Annual Reportand Fillattci&l Ststanerts 2022 10
PCCAnnualRep()rtand FiAanL'ial SialemÈnts New equipment Liyc streaming of servi(£scOntiteS withnew equipm¢nlwhith with m1¢ technology h&5 allowed f(K a reduction in th¢ ueed for wircs. thereby reducing trsp hazards. This has beell a welcome investrnenL Events & HospitiTlty eommittee Members of the committee: c]lS Self (Chairuntil 2 July 20221 Janet Drnk4 Kate Hodgetts{chair from2 Juty 2022). There were a numbtt of big events during2022which altowedus to feel thatwe were back to nornthl as f& as hospitality at All Saints. was concend On 24 May 2022 Fr Bowie organised a jazz concert to c¢lebrate thc anllivcrsary of his ordination and winc was seTved duTing the interval. Ou the following Sunday, Dedicat Sunday, we said fareHEII to FrBowie witha bring 8ndsh lunch hcldin thecourtyariL Thiswas a prnctice n forthe ncxi Sunday whcn we celebratedthc lite Queen's Platinum Jubilee. Both oeca&orLS wercwell suppolltxl and wc wereblcgsl withgo(xl tather. Following Corysus Christi and the A$wmlOnpresSios refres1]mts were provided and 2 numberof signi(LcaILt birthdayswcre celebrdted during the year. There were seven carol s¢rvices at which mulled wine and mince pies were served. Ouhvord Giving committee Mcmbers of the committee: Fr. Peter Anthony. Frdn¢es O'NeiL Jan¢t Dke. The committe¢ membeTswere in consultationwith each othcrthTOu(Yjtthc year and particulady prior to thc Lent and festival appeals. The PCC decided that the money raised during Lent should all go to the joint USPGIDiocesc in Europe apFal forthepeople of Ukrnitt andthat£l,IKX) fromourcxisiingmission fwml should go to thc American Soup kttchen as we had coTtnItt to hclp lldthetr mEta] health W0¢r. TheI£ntappeAI raised£6,196beforegftaid. The festivalapt*alraised£4241.beforegiftaid to bedividcdbctweentheAmcrK2ll Church Soup Kitchen's rnental health worker. USPG and IA)ndon Churches Refugee Fund. Part 8: Administrattye information The parish churth of All Saints, Maryletoneis sithatediD M2fgdTet Street in the City of Westminster. It is part of the Diocese of London within the Church of England. The corrcspondaKe address is 7 Margaret Stree¢ tA)ndon WIW 8JG. Day-to4ay Managen(waS delegated to the vicarand chUrchvdrdsWho w¢r¢ assistyj by th¢ parish office #dministrator. The boundory of the geogrnphi(21 parish runs alongthe centres of Berners Str¢etto the easL MoTtimerStreet thc north, Oxford Strcet to the south and Great Portland Street to the west. Bankers: National Westminster Bank plc. 125 Great Portland Streei IAJndon WIW 6AX. IndependcniExaminer: Frdllcis t£e&Co..Charteral certifiedAccountano2 Alnsda1eRoa Lon(kn W5 IJX Church Architect.. Karen Butti MA. Grad Dipl Cons(AA). RIBA. AABC of Thomas Ford alld PaTthers PCC OF ALL SAINTS MARGARET STREET STATEMENT OF PCC RESPONSIBILITIES YEAR ENDED 31 DECEMBER 2022 ASMS PCC Annual Reportand Finalleial StsteD]eTts 2022
PCC.4npiuulReport aiid Filiant.l Sidieinents PCC respoosibilities ID relation to the fmalleial sta¢emettts The PCC are responsible for preparing an annw41 report and financial ststements LD accordancewith applKabk law and United Kingdom A¢ethmting Stand8rdslUDitedKingdomGencrally Accepted Accounting Practice). The law applicableio charlties in England and Wal¢s requiresthc PCC to prepare financial statements for each year which give a and fair view of thc Sta of affairs of the charity and of the incoming resourtts at application of resources. of the charity foT thai perio¢l In preparing the financial SlaternLI the tru5tettq at required to.. Select suitable accounting policies and th¢n apply them consis*ntly' Obserye the methods and principles iti the applicabl¢ Charities SORP. Makc judgements and estimates that are reasonable and prndenL State whetherapplicableaccoullting standardshave been followed, subject to any material dcpartures that must be disclosed and Cxplained in the financial statcments- Prepare the fiTtsn¢ial statements onthe going CoeM basis wiless it is inappropriate to presume that the charity will continue in business. The PCC are responsible forkcepingproper accounting records that disclosewith reasonable accuracy at any time the fatI2[ posillon of the cbarity andth enable themto ensure that the flluncial statements comply the Charities Act 2011, the applicabl¢Chartlies(AccowJts and Reports) Regulations, Indthe provisions of the trustdeed. They are alg) re4)onsible forsafeguardiDg the aSts of thc¢harity aj'ngrenabl¢ stq)s for the prevention and detection of frnud and other irregularities. Approv bythe PCC on2 May 2023 ard signed on their behalf by thc R¢v. Dr Peter Anthony (PCC chair) ASMS PCC Annual Reportalld Financial Ststemtrts 2022 12
PCC.4iintioJ Report aiid FiiiancFuI Sthivmertts INDEPEF4DENT EXAMIP4ER'S REPORT TO THE TRLTSTEES OF PAROCHIAL CHURCH COUNCIL IPCC) OF ALL SALNTS MARGARET STREET l pOrt on the accountsof the Ifc of All Satnts Marwet Str¢et forthc yeareTrJal 31 DeC¢mr 2022, whK are set out on pages 14 to 24. Respective responslbilities of Trustees xnd Examiner As Tnjstees, ylXL2reresponsible fortheprq)aration of the accounts" youconshdcr that an audit is llot requlled for this ycarundcr seLtion 144 (2) of the Charitits Aci 2011 (the 201 l Aci) andthat an independent exomination is needed. It is my r¢sponsibility to examine the Accounts ulld scction 145 of the 201 l Act; to follow the proeedureslaid down itl the Ga]CTal Dirtttions given by the Chatiry Cotnmission under sttti¢M 145(5)(b) of the 201 l ACL and to stste whether particular matters have comc to my attention. Basis of Independent Examiner's report My examiTJitiollwas carried outin accordeWith the G¢D¢ral Dircctions given by the Charity Commi&wtL An examination inclu(ks areview of the acc(mlingre¢or&S keptby the trust anda comparison of the accounts with those records. It also includes consideringany unusual items or disclosures in the accounts and seeking explanatiOTL% fromyou as trustees conccming any such mattcr5. ThcpedureS undertakth do noiwividc all the evidcnce thatwould be required ill an audiL and consequtIY no opinion is given as whether the accounts present a "tme and fair view" and the report is iunited to these matters set out in the ststement below. Independent Examiner's statement In connection with my examination. no matlcr has come to my atwition. (l) whieb givc5 me reasonable cause to believe thai iti any tnaterial rcspect the requirements to keq) accountingrecotds in accordqncevlith section130of the 2011 AcLandtopr¢pare acwuntswhich accord with the accounting rewrdg andcomply with the accwnting requirenrnts of the 2011 Acthave not bc£n (2) to which, in my opinioty attention should be dra in orderto enable A proper under&atding of thc accounts to be reachcd. Fr*ttcis Let Francis Lee & Co. Chartcred Certified Accountants 62 Ainsdale Road Lknndon W5 IJX 3 VI47 1013 Date ....... ASMS PCC ArbnualReponalld Fman¢ial Statfmcrts 2022 13
PCC_4niitiul Rew)rl aiid Financial Sthti)meiEts PCC OF ALL SAINTS MARGARET STREET srATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR TO 31 DECEIMBER 2022 Unrestrlcted Restricted funds funds 2022 Total 2021 Total Nots Jneoming resources Voluntary income 7A 21511 108259 384,160 311.774 Incomc from investmellts 91467 93,467 90,227 Activities for generating funds 7C 914 914 590 Income from church activities 7D 15 926 Total incoTnlttg resources 326208 168259 491467 408.784 Resources expettded Costs of generdting voluntary income 8A 5847 5347 1,813 Church activities- mission and Chatitabl¢ giving 8B IL478 11,478 3,011 Church activities- directly relating to th¢ work of the church 8C 319&13 157929 477W2 402,010 Governanc¢ costs 8D Totsl resources expellded 3271130 169907 496,437 408.034 Net incomingl(outgoing) res0reeS {822) {1,148) (1970) 750 B2lanee blf at l Janugry 2022 813 116421 115671 Balance tlf at 31 December 2022 17,991 9A4(A) 114A51 116,421 The notes on pages 17 10 24 form part of thes¢ financial 5tstrm¢llt& ASMS Ifc AnnualReportalld Fillancl Statanetms 2022 14
PC'C.4nnual Reporl and financial,gialemL?iil.s' PCC OF ALL SAINTS MARGARET STREET BALANCE SHKET AT 31 DECEMBER 2tI22 Note 2022 2021 Fixed &ssets Tangible awts for u5¢ by the PCC ooi Currettt aS5et$ Siock Debto CBF deposits Cash and CBF re= Restoration Cash at bank and tn hand 4,113 19,041 126 9,990 96 5,227 6,219 125 6,813 107321 io Total 130,095 125,705 Liabilities: amounts falling doe WAthill one ytar 15285) Net cllrrent assets 108,450 110,420 Net assets 114,451 116.421 Funds Unrestricted UDdesignated Designat¢d IOJ57 11,179 Totsl unrestricted funds 12 17991 18.813 Restricted 13 Totsl 14 114.451 116,421 Approved by the parochial church council on 2 May 2023 aThl siwd by: The Rev. Dr Peter ADtho , PCC chair P. J. Hartley, Hon. Treasurer The notes on paR¢s 17 to 24 fom part of thrse fio*nciwl $tstemenf& ASMS PCC Artnual Report arbd Financial Statements 2022 15
PCC.4rtnual Repcir( (Jiid Fimanc'iul Sinr¥men£ CASH FLOW STATEMENT FOR THE YEAR ENDED 31 DECEMBER 2022 2022 2021 Net (upenditure)IlnconE thr the year as the WFA {1970) 750 Adjusttnents for.. Dividcnd, interest and Tcnts from investments (In¢re2se)Idccrease in stocks (Increase)/dc¢rease in debtors Increascl(decrease) in creditors {91467) 1,114 (I l822) (90,227) 459 37,705 Net casb provided lryl(used in) 0rating activitrs {IIM),785) (39,706) Cash flows frorn operating activities Net casb provided byllussji operatingactivities (1,785) (39,706) Cash flows from investing aclivitie5 Dividend, interest and rents from investmcnts Nct ca4) provided byl{usal in) illvestitig activities 93,467 90,227 Cash flows from fm4n¢lng activities Repaytnents of borrowing Net cash prnvided lryl(used in) finan¢1 ctThi¢ics Change in cash and Cash equivalents during the repoTting period (7 J18) 50,521 Cash and cash equivalents at the beginning of the reporting period 114 Cash and cash equivalents at the end or the reporting period 11kn941 114.259 Analysis of exsh and cash equ5valentS Cash at bank and in hand 114259 Total cash and cash equivalents 1th5941 114,259 The Dotes on pges 17 to 24 form part of thtst fioanci*I Statrments. ASMS PCC ATJnual Reportand Ftllancral StataDellts 2022 16
PCC AIiFiual Report aiid Financ'wl Sthigffltiits PCC OF ALL SALNTS MARGARET STREET N(YtES TO THE FINANCLIL STATEI¥IEYTS YEAR E.YDED 31 DECEMBER 2022 l. Aecounting policies The accounts Thc accountshave beaj preed in a(%ordaJKewith the ChuKhAccounting Relations2(K)6tOgetblTssh suitable accounting standards, exce as mentional below, and the Sts*mcnt of ReCOrllllnded Pra¢ti applicobleto CharitiL% prq)aTin8 theiTacc(M]ntsin accordance with FRS 102 and the Charities Act 2011. The accounts have bc¢nprercd un(knthe bistyicai Costconve10ll except forfreehold propatywhich is shown at the PCC'sestirnat¢ of its markct Val whfn it wasreceiv¢Jl. No depreciation hasbeenprovthl on frcehold proputy as it is consideredto be immaterial as th¢ COSLS of InainnanC¢tTt treatedas an outgoing resource wh¢n inCu¢d Én ordtt forthe acciymtsto give atrue and fair Nryew of thestste of the PCC'S affasrs for the income and Application of resourccs. The accounts incIlea11 trattiOns,aSts and liabilities for which the PCC is reswJLsiblc.exceptth8t they do not include th¢ accounts of the All Saints Club. which is a members. club with its 01 committee of managemenL trading only with its own members, for which the PCC might be said to have some responsibility. Theydo 1 inc]le ¢om)LxtyJ tharities,dd2ils of whi¢h aregsvcn Kn note 3, be¢8JJse the does Dot exercis¢ dominant influence ov¢r them. The PCC of All Saints Margdret Str¢ei constitutes a public benefit entity as defined by FRS 102. Golng conce The PCC has revicwedthe CirnLtan0f the cbUr¢handcollsid that 2d4uate r¢sourc&s continue k) be available fund the a¢tiviU&S for the foresttabl¢ fubjre. Th¢PCC are of the view that thechurch is a goittg eoncern. Funds Unrcstricted funds reprllLthe genernl funts thatare not subjeato any restricuiTh regarding theiruse and ate available for application to g¢rLerdl purposes of thc PCC. Included in the unrestricted funds is the designated futNI whi¢h relates to No. 6 Margaret Strcet which is PCC freehold prorty with the tknndon Dioc¢sin Fund a5 ¢UStodian bUSte& In 2017, the PCC received £40,(W in compa)stion in relation to the loss of Light atNo. 6 and the balan¢eof fillxLs afterpaymentof vari(yJsclectrical andplumbingwoths at No. 6 have been includcd in the desiad fund which totals £7,634 at 3 1 December 2022. Restricted funds are subject to those limitations on theii expellditure impos¢d by their donor(s)' an ¢llrrently, the main types of r¢stricted funds are= Missionfund- these fu are resffV ro providecontlDuedsuw for the mission projects as decxled( from time to time by the Outward Giving conllniU<¢. Funds raisedin relationto the lent appeal and festival appeal are included within the collections and appeals fund. Organ restoration opalInd- these fuTKls relate to the balanceof fdS leftoveraftff the restoration of the Orll andbave retain1 spwifjcally against any furth¢rcosts Incurr Intertht is generally app]Kd to these furlds on an annual basis butdue to hists)rically low rates, ni>Dehas b¢a] aEvlied IT) the Cuenty&]r. Duringthe year £3,211 was rettived in &dditional donati(nsandrecover¢d VAT un(kr LPWGS and £1,633 was expended on non-routine maintenancc. ASMS PCC Annual R¢portattd Finacl SthtfTh¢Trts 2022 17
PCC Aniiual Repi?rl aiid Finalicl S&7tcJmeiits PCC OF ALL SAifTS MARG.4RET STREET NOTES TO THE Ft¥ANCL4L STATEMEFTS YEAR ENDED 31 DECEMBER 2022 Choir and musicfyrtd- this comprises: i) proceeds fromthe Choir and Music Trust towards the cost of th¢ choir ind music of All Saints. ii) the organ Schol bwsary se]ficallY furKlsJby a legacy fromjohn Birch and otherdonations" and iii) the residu¢ of a leEACy of £5,000 from Sandra Allen for thc purchase of sheet mu51C. Resioration oppealfvnd- thes¢ funds r¢late to the fuThlsreceivedand ex[don the restoration proF During th¢ year £3,21 I was received in relatson to ongoing 510ration works. After expuKlitute of £1.633 there was a balance of £53,046 in the restorntion fund at the year end. ve streamingfund- the fundwas estsblishedin 2020 in order to acquire eqUient forth¢ live streamll)g of servicesduringlockdoHryJ& During2022additionalfUtSat£l 3.5(Kl wcrcrcceival and£22,738 expend l¢&ving a balance at the year end of £2,774. Keslmenls. Al8[8$ alSlrieSfvd- the fwkts Ar¢ used to acquire and repair vcsttn¢nts and hangin Duringthe year a new Spanish Sha set of green High Mass vestD]¢nts WAS 2cquir&l leavinga bala[Of £472 at the year ¢nd date. No. O M&rgaretStreet- during the year a of £46.(MK) was received towardg costs ofredorat]ng S1 refurbishing of No. 6 Margaret Street in advanceof thc 2ppointtwht of a new Assistallt Priest in 20. The balanc¢ of £13,093 will be expanded in 2023. Details of the movcm¢7Lts in all restricted funds for the y¢ar are shown in llote 13. Incoming resources Volunlaryincome-colleaionsarerecogtiisedwbell marfaMwntsrelVabIeUJMlep1edge5Whh0ll0u1 by the donor and income tax rccov¢rable on gÉft-aided donatiotLS when claimabl& Grants and immediat legacies are recognisedag soon as the PCC is notsficd of its ¢ntit]emenÉ and the am<yJntduc. Rcvcr5ionary legaeies are recognised when the reversion falls in. OÉherincome- rental Incon And feesare recognised whcn CarD¢ l¢sg any pmvisI foramounts that tNy prove Ullcolle¢tible. Dividends and inresi and any recoverable tax thereon are re¢o£ttised when due. Resources expended All costs are xlloc2tedbetwttn theex1JitUreC2leg0ricS of the StatemeJ)t of Financia] A¢tivities on a b&sis d¢s]ed to reflttt theuseof theres(KJrc& C&sts relatingto a particulari¢tiviry are alloLxtal directly. Grants and donations ar¢rccognised when authori*d bythe PCC. All other costs, includingthe Di{e$A CA)m Fund CODtributioll, ore recogttised when the relevant liability is incurred. Costs oJgenera¢ing voluntary income - the costs of gener&tin8 voluntary income comprise the costs associa¢d witb attractitig volunlary income. Supportcosts-thc SUPFKrtcosts aredetailedin note8cttYthefma1al$tatellts andareallocatedto ch activities. GovernL7nce costs governa¢ costs include those costs Associated with meeting the c0n5tithtal requirements of the PCC. ASMS PCC Annual ReportaDd Fittancial StsÈsn¢nts 2022 18
PCC.4nnuul Repnrt arid Financ'wl Siatements PCC OF ALL SAI,NTS TrtARGARET STREET NOTES TO THE FJFI'AN'CIAL STA TEMENTS YEAR Ef4DED 31 DECEMBER 2022 Fixed assets Consecrated land ond buildtngs and rnoveable ehurchfvrniitsre Consecrdted and bcn¢fieedprotuty is excludal fromthe accounts bysection 10(2){Q of the Charities Act 2011. No value is pla¢edon mov3blechurth furnishings held at 31 December 2022by thc Churchw&dS on special trust forthe PCC and wbich require a faculty for disposal, sillce the PCC considers this to Fk iT121ienabl¢ proty. The value of any sud) propaty for whose disposal a faculty migbtb¢ obtaincdwould be recOlSed on disp)sal. All eXpeIltUre incuffcdduringthc ycaron concrataJ or benefic iaj buildin wh¢ther on maint¢nance OT improvemenl is written off as jticued. Other land ond buildings NuTnber 6 MaTgaret Strect is valued atestimat¢d marketvaluewhen rcceive<L DepT¢ciationof the buihjing has ]LOt been accounted for since th¢ amount involved was not matrrial. Oiherfixtsres,fiiiings and office Equipmenl Equipment used within the church pre[niS is depreciatedon a straIt line basis over3 years. Indivi(hwl Stems of equipmentwith i purchak price of less than £l,O(K) are written off in th¢ periiyj in whieh the awt is acquired. Currenl assets Atnounts owingto the PCC at 31 December 2022 Tn respectof fees. rents or other income arc shown as debtors less allyprovision foramounts that may prove uncollc(sable. Short-ternideposits include cash hekl on deposit cither with the Central Board of Finance or at the bank. Siock Stock is valued &t the lower of cost and ttet rcalisable value. 2. Remuneration No remunerationorothcrmalerial benefits hav¢ beenpaid orare payable from the PCC'S fundq directy or indiTecdy to any PLTSW collDertedwith the KC in th¢ircapacity as a memba of the PCC. One manbttof the PCC held a tenancy in PCC propery. 3. Connected charities There are two charities wbi¢h are co1tal with the PCC. The All Saints Church Marylelx)neChoirand Music Trust has as its objects thc suwort of churchmusie in SL Marylebone and in particular at All Saints. The All Saints FouDdationincludes among its obJts thc maintenance and repirofthe parish church of All Saints. 4. Independent ExmiDer's remuneration The reuneratiOn payable to the IndepeLI]I ex2mitier for examining the accounts is £1.440; the remuneration paid in thc year forcxaminingthe previous year's accounts was also £1,440. in both caxs inclusive of VAT. 5. Capfital coll1tmellts There were no finkucial coDYnith)ents at 31 December 2022. 6. Policy on reserves The PCC'S policy is to maintain its reserves at as high a level as possible as it may well be faced with Unexpted expthses onthe imy)rtsntbuildings ¢ntrthStsJto its care. It needs to have a resvet0 ¢overany future shortfall of revenue which mighi be caused by expens increasing or contributions from donors reducing. The cost of the current exteTK%ive refibishntwotk in the interiorof th¢ chu]rh will far excthj any reserves acojmulating outof mIal incorne. Asa resu]L th&se are }ing fiTkancal out of the funds raiwl by the ongoingRestorntionAppeal.The PCC'S policy is to tnvest any fund balances with the CBF Chutrh ofEnrJand DewsiiFund.This includ¢sbothgenernl fUndSalldfutsrd1s¢d2S partofthe Restorati1 ApL ASMS PCC Atinual R¢portathd Fantial Ststanellts 2022 19
PCC.4iintsulRepc)rt aiid Finaiic'ial SialcJiiieiiLY PCC OF ALL SAINTS I%lARGARET STREET N(YfES TO THE FLNANCL4L ST ATEI¥IENTS FOR THE YEAR TO 31 DECEMBER 2022 7. Incoming rereeS Unre5trtted Fun8 Restricted 2022 Totsl 2021 Totsl A. Voluntary income Planned giving.. with Gift AMI Income tsx rffoverable Other Friends Collcctions at seryices Wall safes Sundry donatms Grants for the choir and M51C Othu Appeals and specMI coll¢tiS Restoratu)n Appeal L£gacies Walsin2m/P&rith Retreat 104538 24212 2&294 IS243 I98 3J46 6fj69 104538 24,212 J3,707 15,243 IQ398 3J46 19,641 03,0 57,291 29,(dH 3Jll 75(Kl 105,158 26.707 31,121 7A13 8,342 1,750 25,912 54,000 41.799 9,285 2,700 5,000 11972 63,( 4&(KMI 29,194 3311 11,291 410 75IM) Totsl 168259 384,160 311,774 B. InvestmeDt in¢on IntetESt Rents r¢c¢ible Othtr incotne fTom lettll)gs 63,732 63,731 61.026 Tolal 93,467 93,647 90,227 C. Activities for generating fuDds Shop sqles 914 914 590 Total 914 914 590 D. Income from Church Activities Parish par sales Choir fees Othcr fees Sundry incDme 23 12,538 465 23 11538 465 736 5,258 199 Totsl IS926 IS926 6,193 TotAI ineotnlng resowtts 326208 1&8259 494A67 408,784 ASMS PCC Annual R¢portaDd Financ&1 Statell)ellts 2022 20
PCC.4iJFiiiKJlReportuiid Fillancl Siat£>ments PCC OF ALL SAIYTS IILIRGARET STREET NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR TO 31 DECEMBER 2022 8. Resources expended Unrestricted Restsicted Funds 2022 Total 2021 Totsl A. Costs of generating Yoluntary ineome Advertising Fund-rnisingexF¢nses 3A36 3.436 5A47 5,447 1,813 B. Church #ctivlties- mi$$Aon and ebaritable giving Mission and charitsble giving 11,478 11,478 3,011 C. Church a¢tivities- directly relating to the work of the cbur¢h Dioccw G)mmo¥) Fund o)ntrbution KIOS85 Choir and music 41,725 Orgdn- twiing and repair 5J70 Altar, sanctt]ary and flowths 7555 Clergy ex$t$ 5J21 Shop c(KStof sales 1973 ish par 7834 MairttaMncq rqmirs and rettewals 24.202 He&L light and water 11,944 Insurance 1&582 WalSin8 parish retrat Restoratioll 4)peal- ¢osLg incurrol Salarics, wages and staff exrnLses olCe expcnses Sundry paSe8 Diocc•n fees Bank chargk* 110585 105,725 511 16 21,466 21,926 1973 7,434 61,758 11,944 15.582 6,102 130.000 58,091 7,082 21,880 8,228 622 588 61.310 12,979 15,787 64(MN) 446 13,911 37,S&S 6J02 7S424 iQ979 7x424 2A328 4528 71.539 13,013 143 1&349 39 748 Tolal 319903 157929 477032 402,010 D. Governance costs Awlit fee 1ffi80 1,200 Totsl rere¢S expended 3270 169407 496A37 408,034 ASMS PCC AnDualReportand Financial Stattsnerts 2022 21
PCC.4KiiualRepc)rt and Filionc.l Siatenlents PCC OF ALL SALYTS MARGARET STREF.T NOTES TO THE Fif4AYCtAL STATEMENTS FOR THE YEAR TO 31 DECEMBER 2022 9. Fixed a55ets for use by the PCC Freebold Building Equipment Grnss bk value: At l January 2022 Cost of 4Umentbgh¢ durng year Cost of quipmtht s£rar@ duringyear 6,OOD 11419 18,419 At 31 Decefflr 2022 6,OIMI 11419 18,419 Depreciatiott: At l January 2022 cha for the year Relating to Scrapped equipment Il418 12,418 At JI Demir2022 11418 12,418 Net book value At l Jamiary 2022 At 31 DeJnr 2022 6,001 10. Debtor5 2022 2021 HM Revenue & C$15 Other dd)to 8,OIM) J,338 Totsl 19,IMI 6,219 I l. Liabilities 21J22 2021 Due within one year.. Other crcdito Totsl 21,645 15.285 ASMS PCC Annual Reportaod Financi&iS*am£rts 2022 22
PCC_.4nnualRei)cpri uiid Fiiiaiic-tsjl SiotLJJnenLS PCC OF ALL SAiYfs MARGARET STREF.T NOTES TO THE FIYANCL4L STATEMENTS FOR THE YEAR TO 31 DECEMBER 2022 12. Unrestrlcted fimds onIng bakn¢ Movement in 2022 Closing blance Undesi8ted.. Genenl Shop sk 5,952 292 6244 .179 (822) IOJ57 Designat¢d= 6 Mgar¢t Street Totsl 18,813 (822) 17,991 13. Restricted fw)ds OFning bAknce Closing balsnce llleon Expettditure Missioll Collections and ap#15 Choir and Music fund Live streaming fvnd Orgatl restoration ap&1 Vesttnents, hanglngs and sundties ResÈ)rnti)n appeal No 6 Margaret Street 2523 11478 3.132 11012 4233 11.762 51,468 2,523 18,632 2,132 2,774 3,788 472 53,046 41548 63,Wl 3A394 22,738 445 11,2 1ffj33 32 3211 Tfjl*l 97,(i)8 168259 169A07 96,460 14. Analysls of assets over types of funds Net current assets ed assets Total Restric1 funds UnSti1Ctdfurtds tksignated Utxlesignatd 90,460 96,460 6,0 1,634 io 7,634 Totxl o,ooi 108A50 114,451 ASMS PCC Annual Reportand Financial StatemeNs 2022 23
PCC.4nnual Reportaiid Financtal Siatcjments PCC OF ALL SAINTS MARGARET STREET NOTES TO THE FINANICIAL STATEMENTS FOR THE YLtR TO 31 DECEMBER 2022 15. Staff costs 2022 2021 Gross laS Empbyer's natM)nal insurall contyibutK)TrS PensK)ll contritiOnS to der]n ¢4)llt[1ttoll schemes 69,940 65,269 Total 7&424 71,539 The average number of lay staff during the year was 5 {2021: 5). All lay staff are offered thc opti(KJ of joining NEsf which is a workplace pensii)n scheme set up by the GovernrnenL ThccoDtributiOtts madeby the PCC kniogthe year tallA £5,484 {2021.. £5,270) alldwele t) a d¢fm¢d ¢ontrtbution scheme. The PCC llo Iollger makes Y Conknlwtiortq to the Church worke Pension Fund which is the Schett administered by the Church of Enand Pensions Board.The legal structur¢ of the scheme is such that if another employer fails, All Saints Margaret Street could becon responsible for paying a share of that employer's pension liabilities. 16. Net incoming resources for the year 2022 2021 This is stated after charging Indq)endtht Examiner's rCrnUrratN)n 1,200 17. Related partles Duringthcycar£8,647 WAS paid to lanLyon.amemberofthe Pccuntil 22 May 2022wh¢nhis ternj ceL%al, in fees for singing in the church choir. DuLing the y¢ar. lan Lyon, a member of the PCC through 22 May 2022. paid rcnt of £15,684 for hiq oe¢upation of the basement fiat at 6 Margaret Str¢cL No othcr m¢mb¢r received remuneration or expenses during thc ycaT. During the year, doltIonS receivedby the church fr(n PCCllarnOULi to £26,333 of which £6208 was given for restricd purposes. 18. Post balance sheet event Following the renM)val of the majority of rtr1(al0 in the f]rst quarter of 2022, the PCC no longerconskkn that COVID-19 will have an adverse effect on the PCC fjnances. ASMS PCC AnnualReport%nd Fitiancial Stsiemems 2022 24