PCC Accounts
Annual Reports and Financial Statements of the Parochial Church Council, St Mary Magdalene Church, Enfield,
Year ended 31 December 2021
Parish Ref 1828
Registered Charity No.
1133095
Incumbant: The Rev’d Dr James Lawson Assistant Curate: The Rev’d Maureen Lunn
Barclays Bank PLC 20 The Town, Enfield
Independent Examiner Harry Nicolaou & Co Ltd 21 Brendon Way, Enfield EN1 2LF Tel. 020 7281 1188 www.harrynicolaou.co.uk/
Parochial Church Council of St Mary Magdalene's Church, Enfield. Parish Ref: 1828 Annual Report and Financial Statement for the year ended 31 December 2021
Contents
| Annual Report for 2021 | 3 |
|---|---|
| Independent Examiner’s Report | 6 |
| Declara�ons and Scru�ny | 7 |
| Presenta�on to the Church trustees | 7 |
| Accounts Introduc�on | 8 |
| Receipts and Payments Accounts | 9 |
| Assets and Liabili�es | 12 |
| Funds and Bank Accounts | 13 |
| Notes on the accounts | 15 |
| Charitable Giving | 16 |
Page 2
Parochial Church Council of St Mary Magdalene's Church, Enfield. Parish Ref: 1828 Annual Report and Financial Statement for the year ended 31 December 2021
St Mary Magdalene, Enfield, Annual Report for 2021
Background: St Mary Magdalene’s PCC is responsible, with the incumbent, for promo�ng in the ecclesias�cal parish the whole mission of the Church, pastoral, evangelis�c, social and ecumenical. It also has maintenance responsibili�es for the Church and Hall of St Mary Magdalene, Enfield and legal responsibili�es as the trustees of Registered Charity No. 1133095.
PCC Membership: Members of the PCC are elected by the Annual Parochial Church Mee�ng (APCM) in accordance with the Church Representa�on Rules. During the year the following served as members of the PCC:
Incumbent: The Rev’d Dr James Lawson (appointed 30 May 2021) Assistant Curate: The Rev’d Maureen Lunn Churchwardens: Mrs Anneliese Fenwick (2019) * and Mrs Alison Reeve (2021) Deanery Synod Representa�ves: Mr Colin Gibbens (2020) and Mrs Eleanor Pritchard (2020)
| Elected Members: | |||
|---|---|---|---|
| Mr Ken Cope | (2019) | Miss Joy Heywood | (2019) |
| Mrs Alison Reeve | (2019) | Mrs Judy Smith | (2019) |
| Mrs Diane Coxon | (2020) | Mrs Sally Elphick | (2020) |
| Mrs Pam Hagan | (2020) | Mr Michael Smith | (2020) |
| Mr David Bird | (2021) | Mr Aniru Shyllon | (2021) |
| Mrs Alison Ludlam | (2021) | Mr Paul Reeve | (2021) |
The PCC has complied with the duty under sec�on 5 of the Safeguarding and Clergy Discipline Measure 2016 (duty to have due regard to House of Bishops’ guidance on safeguarding children and vulnerable adults).
Commi�ees
Fabric Commi�ee: Assists the PCC in managing, supervising and financing structural and building maintenance projects pertaining to the Church and Hall, backed up with a Fabric Fund.
Memorial Garden Commi�ee: Administers and arranges the interment of ashes in the Memorial Garden.
Children and Young Persons Commi�ee: A�ends to ma�ers rela�ng to children and young people through Sunday School.
Stewardship Commi�ee: Co-ordinates the annual review of the Chris�an Stewardship of money and other resources through planned giving and other ac�vi�es.
Hall Management Team: Responsible for hiring out the hall, collec�ng and se�ng rent rates and maintenance.
Page 3
Parochial Church Council of St Mary Magdalene's Church, Enfield. Parish Ref: 1828 Annual Report and Financial Statement for the year ended 31 December 2021
Chari�es Champion: Monitors and promotes the various charitable ac�vi�es undertaken on behalf of the church.
Review of the Year
The PCC met six �mes during the year. Commi�ees met and reports were received and discussed by the PCC. There were 173 on the Electoral Roll in May 2021.
Due to Covid Restric�ons the church was open for private prayer only on Sunday mornings for the first three months of the year. In April we were able to resume Parish Communion Services on Sunday mornings with COVID restric�ons in place and with holy communion being given under the form of bread alone. In May we welcomed Rev Dr James Lawson and his wife Nana to the Parish and were able to welcome visitors to the induc�on service on 30 May 2021. During the summer we returned to offering services of Ma�ns on Tuesday mornings and Holy Communion on Thursday mornings. In the autumn we began to livestream the Sunday morning Parish Communion services. Unfortunately, our Christmas Services were once again much curtailed due to the return of �ghter COVID restric�ons. During 2021 there were 2 Bap�sms, 2 Weddings, 2 funeral in church.
Coronavirus affected our corporate life once again in 2021. We were closed for the first three months, however, due to the Stewardship Campaign during November 2020 we saw an increase in standing orders giving, some also moved from weekly envelope to standing orders. This has helped immensely for budge�ng and mee�ng our monthly commitments. As a PCC, we believed that our Common Fund contribu�on for 2020 of £45,000 would be all that we could reasonably afford. This was a prudent move because there were several extra outgoings that we faced. Two of the three hall heaters were replaced for just over £5,000 and we had to pay up front for the Chancel repairs to be carried out before we could claim on the insurance. This was over £26,000. The Church was broken into and whilst nothing of significance was taken the door to the Vestry from the side path was significantly damaged resul�ng in another insurance claim. General maintenance and repairs were carried out as required.
Despite the downturn in receipts, the hall transferred £18,000 into the church current account which has proved immensely helpful. No Stewardship Campaign was held in 2021, but a Gi�Day for a defibrillator and the refurbishment of the vestry and small kitchen raised just over £5,600. Although on paper our receipts are £19,000 less than our payments, meaning we have spent more than has come in, there are factors like the Chancel repairs that must be considered. Consequently, we have ended 2021 in very good shape, financially speaking.
Our fundraising for 2021 was again severely affected by Covid restric�ons. However, despite this we have donated a total of £1,784 to various chari�es
Page 4
Parochial Church Council of St Mary Magdalene's Church, Enfield. Parish Ref: 1828 Annual Report and Financial Statement for the year ended 31 December 2021
over the year, including £1,356 to Mary's Meals. Since embarking on suppor�ng Mary’s Meals, we have raised just over £5,300. The usual door-todoor collec�on for Chris�an Aid could not happen this year but we s�ll collected £320 with a further £220 being donated by way of cheques made payable directly to Chris�an Aid. Our harvest gi�s went to the Food Bank in Enfield and the presents collected at our Toy Service went to a refugee organisa�on. Dona�ons from the Merryhills’ School Christmas Concert held in church was divided between Merryhills and the Vicar’s chosen charity. This raised £103 for Money for Madagascar.
Once again the number of social events we were able to organise was limited by COVID restric�ons but we did manage a lunch for both our Patronal Fes�val and for Harvest, there was a parish picnic and a bingo evening. all were surprisingly well a�ended. In August there was a trip to Frinton. Monthly coffee and concerts resumed in September and in the Autumn there was a series of weekly Organ Recitals to show case our newly refurbished organ. The choir con�nued to rehearse and sing at Parish Communion and visited Rochester Cathedral to sing evensong. In the summer our Captain of the Bells, Peter Rossiter re�red a�er 50 years of service. During that �me Peter oversaw the restora�on of the tower, the installa�on of a new set of lighter weight bells and the sale of the old bells to a church in America and trained many new bellringers.
On behalf of the PCC April 2022
Page 5
Parochial Church Council of St Mary Magdalene's Church, Enfield. Parish Ref: 1828 Annual Report and Financial Statement for the year ended 31 December 2021
INDEPENDENT EXAMINER’S REPORT TO THE PCC OF ST MARY MAGDALENE. WINDMILL HILL, ENFIELD, MIDDLESEX
I report to the charity trustees on my examination of the accounts of the charity for the year ended 31 December 2021 which are set out on pages 8 to 15.
Responsibili�es and basis of report
As the charity's trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the charity's accounts carried out under section 145 of the Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent Examiner’s Statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
- accounting records were not kept in respect of the charity as required by section 130 of the Act; or 2. the accounts do not accord with those records.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Harry Nicolaou FCA Of Harry Nicolaou & Co Ltd Chartered Accountants 21 Brendon Way Enfield EN1 21LF
12 April 2022
Page 6
Parochial Church Council of St Mary Magdalene's Church, Enfield. Parish Ref: 1828 Annual Report and Financial Statement for the year ended 31 December 2021
Declara�ons and Scru�ny
I confirm that these Receipt and Payment based accounts for the year to 31 December 2021 have been prepared from the records of the Church and that they include all funds under the control of the Church trustees.
Signature of treasurer
Date 10th April 2022
Name and address of treasurer
Mr Ken Cope 8 Comreddy Close Enfield EN2 8RL
Presenta�on to the Church trustees
I confirm that the annual report and accounts for the year ended 31 December 2021 were presented to the mee�ng of the Church trustees held on
Signature of chair of mee�ng
Name of the chair of the mee�ng: The Rev’d Dr James Lawson
Date
Page 7
Parochial Church Council of St Mary Magdalene's Church, Enfield. Parish Ref: 1828 Annual Report and Financial Statement for the year ended 31 December 2021
Accounts Introduc�on
Our gross income is less than £250,000 therefore the accounts are worked out as Receipts and Payments as per Sec�on 133(1) of the Chari�es Act 2011.
All monies have been rounded to the nearest £.
Funds of the Church
Funds are split into four types, Restricted, Unrestricted, Designated and Endowment funds.
Restricted Funds
These are receipts as dona�ons or grants that must be spent on restricted purposes. Unless otherwise stated these funds remain in their respec�ve restricted funds at year end. The funds held and restric�ons provided are shown in the accounts.
Unrestricted Funds
These represent the remaining receipts of the PCC that are available for spending on the general purposes of the PCC.
Designated Funds
Amounts designated by the PCC for spending on a future project and which are therefore not included in its ‘free reserves’ as disclosed in the report.
Endowment Funds
These are restricted funds that must be retained as trust capital either permanently or subject to a discre�onary power to spend capital as income, and where the use of any receipts or other benefit derived from the capital may be restricted or unrestricted.
Pilgrimage Fund
This is a Restricted Fund that cons�tutes Parishioners’ savings towards Pilgrimages and the Launde Abbey retreat.
Reserves Policy
It is the policy of the PCC to have at least two months of expenses available as Unrestricted funds in the Current Bank account (which works out at around £22,000). This is put aside for emergencies where receipts are less than payments and for general good running of the Church bank account.
Risk Assessment
The two main risks that involve the finances of the Church are a) An unexpected urgent repair required for Fabric of the Church and b) A downturn in dona�ons received whether through regular planned giving or collec�ons received. To prepare for either of these we maintain general funds on deposit. As part of con�ngency planning it is our hope to gradually build these up over the coming years for resilience.
Budge�ng
Our finances are budgeted for based on the previous years’ average receipts and payments allowing for spikes in either.
Page 8
Receipts and Payments Accounts
Parochial Church Council of St Mary Magdalene's Church, Enfield. Parish Ref: 1828 Financial Statement for the year ended 31 December 2021
| Notes Unrestricted funds Designated funds Restricted funds Endowment funds Total 2021 Total 2020 £ £ £ £ £ £ Receipts Voluntary Receipts - Dona�ons Planned Giving R1 53,366 53,366 50,449 |
Notes Unrestricted funds Designated funds Restricted funds Endowment funds Total 2021 Total 2020 £ £ £ £ £ £ Receipts Voluntary Receipts - Dona�ons Planned Giving R1 53,366 53,366 50,449 |
|---|---|
| Collec�ons at Services | - - - 1,324 |
| All other giving / voluntary receipts R2 |
3,478 8,060 11,538 4,909 |
| Gi�Aid recovered | - - 13,687 |
| Charitable ac�vi�es fundraisingR3 | 56,844 - 8,060 - 64,904 70,369 3,530 223 3,753 1,943 |
| Other trading ac�vi�es R4 |
18,409 - 3,255 21,664 33,145 |
| Investments R5 |
15,564 10 3 15,577 12,868 |
| Other Income R6 |
1,094 773 1,867 3,349 |
| Total Receipts | 95,441 - 12,321 3 107,765 121,674 |
| Payments Church Activi�es Common Fund |
45,000 - 45,000 - 65,000 - |
| Clergy expenses | 392 - 392 - 1,619 - |
| Church running expenses P1 |
74,559 - 4,261 - 78,820 - 46,602 - |
| Cost of genera�ng funds P2 |
1,403 - 533 - 1,936 - 965 - |
| Other expenditure P3 |
3,748 - 3,748 - 2,429 - |
| Total Payments | 121,354 - - 8,542 - 129,896 - 116,615 - |
| Excess of Receipts over Payments | 25,913 - 3,779 3 22,131 - 5,059 |
| Transfers between funds In Out |
- 300 300 6,000 300 - 300 - 6,000 - |
| 300 - - 300 - - |
|
| Balance | 26,213 - - 4,079 3 22,131 - 5,059 |
| Balances brought forward 1 Jan 2021 | 53,931 - 36,083 4,417 94,431 89,372 |
| Balances carried forward 31 Dec 2021 27,718 - 40,162 4,420 72,300 94,431 |
Page 9
Receipts and Payments Accounts
Parochial Church Council of St Mary Magdalene's Church, Enfield. Parish Ref: 1828 Financial Statement for the year ended 31 December 2021
| Notes Unrestricted funds Designated funds Restricted funds Endowment funds Total 2021 Total 2020 Receipts notes £ £ £ £ £ £ R1 Gi�Aid standing orders 34,087 34,087 32,305 |
Notes Unrestricted funds Designated funds Restricted funds Endowment funds Total 2021 Total 2020 Receipts notes £ £ £ £ £ £ R1 Gi�Aid standing orders 34,087 34,087 32,305 |
|---|---|
| Gi�Aid envelopes | 12,859 12,859 9,709 |
| One of Gi�Aid gi�s | - - 1,150 |
| Other planned giving | 6,420 6,420 7,285 |
| R2 Dona�ons and Appeals |
53,366 - - - 53,366 50,449 |
| 3,164 - 6,704 - 9,868 3,806 |
|
| Candles and Cofee | 314 - - - 314 320 |
| Lunch�me Concerts | - - 557 - 557 345 |
| Cofee Mornings | - - 799 - 799 438 |
| Legacies | - - - - - - |
| Grants | - - - - - - |
| R3 Parish events dona�ons |
3,478 - 8,060 - 11,538 4,909 |
| 1,606 - - - 1,606 613 |
|
| PCC Assigned fees | 1,290 - - - 1,290 488 |
| Service fees weddings etc | - - 223 - 223 330 |
| Parish magazine & bookstall | 58 - - - 58 342 |
| Parish Feast & meals | 294 - - - 294 - |
| Coaches | 282 - - - 282 - |
| Drama Group R4 Fairs, Church hire etc. |
- - 170 |
| 3,530 - 223 - 3,753 1,943 |
|
| - - - - - 210 |
|
| Hall le�ngs transfer in | 18,000 - - - 18,000 23,000 |
| Balance of Hall income | 409 409 29 |
| Mem Gdns transfer in | - 2,031 - 2,031 2,085 |
| Mem Gdns income balance | 1,224 1,224 7,741 |
| Magazine income adver�sing | - - - - - 80 |
| R5 Bank & CCLA interest Comreddy rent R6 VAT refunds |
18,409 - 3,255 - 21,664 33,145 |
| 7 - 10 3 20 109 |
|
| 15,557 - - - 15,557 12,759 |
|
| 15,564 - 10 3 15,577 12,868 |
|
| - - - - - 920 |
|
| Pilgrimages & Launde | - - 198 - 198 - |
| Gordon Giles leaving collec�on | - - - - - 2,429 |
| Bridge Club | 575 575 |
| Insurance claims | 1,094 1,094 - |
| 1,094 - 773 - 1,867 3,349 |
Page 10
Receipts and Payments Accounts
Parochial Church Council of St Mary Magdalene's Church, Enfield. Parish Ref: 1828 Financial Statement for the year ended 31 December 2021
| Notes Unrestricted funds Designated funds Restricted funds Endowment funds Total 2021 Total 2020 Payments notes £ £ £ £ £ £ P1 Coaches 420 420 - |
Notes Unrestricted funds Designated funds Restricted funds Endowment funds Total 2021 Total 2020 Payments notes £ £ £ £ £ £ P1 Coaches 420 420 - |
|---|---|
| Deanery contribu�on - - - |
|
| Enfeld Churches Debt Centre 1,380 1,380 - |
|
| Organist fees 3,775 3,775 2,590 |
|
| Service fees weddings etc 223 223 435 |
|
| Vicarage maintenance 2,310 2,310 824 |
|
| Vicarage water rates 210 210 154 |
|
| Church water rates 100 100 236 |
|
| Church insurance 9,084 9,084 8,956 |
|
| Church gas 3,621 3,621 3,498 |
|
| Church electric 1,935 1,935 1,544 |
|
| Church ofce telephone 291 291 337 |
|
| Parish website 271 271 260 |
|
| Publicity 857 857 - |
|
| Clergy's discre�onary giving 300 300 - |
|
| Organ / Piano tuning 774 774 1,224 |
|
| Church minor maintenance 4,390 4,390 6,688 |
|
| Miscellaneous 614 540 1,154 694 |
|
| Church purchases 424 297 721 2,047 |
|
| Computers and IT 940 940 1,070 |
|
| Liturgical consumables 139 139 812 |
|
| Upkeep of Church grounds 5,986 5,986 4,725 |
|
| Ofce consumables 173 173 160 |
|
| Governance costs examina�on fee 1,500 - 1,500 - |
|
| Bookstall costs 221 221 335 |
|
| Church major repairs 26,621 26,621 - |
|
| Hall repairs 5,640 5,640 - |
|
| Hall redecora�ng - - - |
|
| Hall other expenses 1,768 1,768 1,993 |
|
| Memorial Gardens other expenses 2,901 2,901 4,094 |
|
| Drama Group expenses | - - - - - 1,201 |
| Comreddy upkeep | 620 620 2,318 |
| Comreddy buildings insurance P2 Costs of stewardship campaign |
495 495 407 |
| 74,559 - 4,261 - 78,820 46,602 |
|
| 73 73 224 |
|
| Parish Feast & other meals | 560 560 - |
| Bridge Club expenses | 383 383 - |
| Costs of events | 770 150 920 741 |
| P3 Pilgrimages and Launde |
1,403 - 533 - 1,936 965 |
| 3,748 3,748 - |
|
| Gordon Giles leaving gi� | - - 2,429 |
| - - 3,748 - 3,748 2,429 |
Page 11
Assets and Liabili�es
Parochial Church Council of St Mary Magdalene's Church, Enfield. Parish Ref: 1828 Financial Statement for the year ended 31 December 2021
| Assets Cash and Bank Assets Barclays Current account |
Unrestricted Designated Restricted Endowment Totals £ 13,746 0 10,983 0 24,729 |
|---|---|
| Barclays Savings account | 1 0 51 0 52 |
| CCLA General account | 12,926 0 6,529 0 19,455 |
| CCLA Bells account | 0 0 2,243 0 2,243 |
| CCLA Twells account | 0 0 0 4,420 4,420 |
| CCLA Memorial Garden account | 9,234 9,234 |
| Nat West Memorial Garden account | 8,185 8,185 |
| CAF Bank Hall account | 1,045 0 0 0 1,045 |
| CCLA Drama Group account | 2,398 2,398 |
| HSBC Drama Group account | 457 457 |
| Bridge Club cash in hand Other monetary Assets (Amounts owing to the Church) Investment Assets Property - 8 Comreddy Close Cost confrmed 2001 - £42,500 |
82 82 |
| 27,718 0 40,162 4,420 72,300 |
|
| 0 0 0 0 0 |
|
| 0 0 0 0 0 |
|
| 190,000 190,000 |
|
| 190,000 190,000 |
The investment property was valued by Morgan Butler Estate Agents on 1 January 2006 and subsequently revalued in the year by the Parochial Church Council to the value of £190,000
Assets retained for Church use
-
i) Churches, Churchyards and Vicarages are vested in the Representa�ve Body of the Church of England and are not Parish assets. Movable Church contents (plate, furniture, etc.) are inalienable property and require a faculty for disposal. They are recorded in the Church Terrier log. Many are historic for which no reliable cost basis exists. They are not recognised nor listed on the Statement of Assets and Liabili�es
-
ii) Other assets and property, which are retained for or are occupied for Church purposes and which are not investment assets are listed on the Statement of Assets and Liabili�es as non-monetary assets.
Liabili�es - amounts owing as of 31 Dec 2021 Unrestricted Designated Restricted Endowment Totals £ Agency Collec�ons
0
Page 12
Funds and Bank Accounts
Parochial Church Council of St Mary Magdalene's Church, Enfield. Parish Ref: 1828 Financial Statement for the year ended 31 December 2021
| Notes Account Fund type Barclays General current account Bells Restricted Wedding and Funeral payments Restricted Discre�onary Restricted Fabric Restricted Fellowship Restricted Music Restricted Organ Restricted Pilgrimage Restricted Sunday School Restricted Vestry (includes money for defbrillator) Restricted General Unrestricted Agency Collec�on - Liability Restricted Barclays Savings account Pilgrimage Restricted General Unrestricted CCLA General deposit account General Unrestricted Fabric Restricted Pilgrimage Restricted |
Receipts Transfers Transfers Payments Net in out movement 01/01/2021 31/12/2021 40 - - - 40 220 260 Balance |
|---|---|
| - 282 282 - 100 - 100 - 100 - |
|
| - 300 - 300 - - 202 202 |
|
| - - - - - 722 722 |
|
| - - - - - 604 604 |
|
| 428 - - 297 - 131 741 872 |
|
| 532 - - 150 - 382 - 382 |
|
| 198 - - 3,748 - 3,550 - 675 2,875 - |
|
| 54 - - 54 110 164 |
|
| 7,006 - - - 7,006 3,646 10,652 |
|
| 77,026 20,096 300 - 120,128 - 23,306 - 37,052 13,746 |
|
| 1,970 670 - 3,197 - 557 - 557 - |
|
| 87,254 21,348 582 - 127,920 - 19,900 - 44,629 24,729 |
|
| - - - - 51 51 |
|
| 67 66 - 1 - 1 |
|
| 67 - 66 - - 1 51 52 |
|
| 7 - - - 7 12,918 12,925 |
|
| 3 - - - 3 6,526 6,529 |
|
| - - - - - 1 1 |
|
| 10 - - - 10 19,445 19,455 |
Page 13
Funds and Bank Accounts
Parochial Church Council of St Mary Magdalene's Church, Enfield. Parish Ref: 1828
Financial Statement for the year ended 31 December 2021
| Notes Account Fund type CCLA Bells deposit account Bells Restricted CCLA Twells deposit account Endowment Endowment CAF Hall account General Unrestricted Memorial Gardens Nat West account Restricted CCLA account Restricted Drama Group Current account Restricted CCLA account Restricted Cash in hand Restricted Bridge Club Restricted Balances |
Receipts Transfers Transfers Payments Net in out movement 01/01/2021 31/12/2021 Balance |
|---|---|
| 2 - - - 2 2,241 2,243 |
|
| 3 - - - 3 4,417 4,420 |
|
| 18,409 18,000 - 1,768 - 1,359 - 2,404 1,045 |
|
| 3,255 - 2,031 - 1,539 - 315 - 8,500 8,185 |
|
| 5 - 5 9,229 9,234 |
|
| 3,260 - 2,031 - 1,539 - 310 - 17,729 17,419 |
|
| - - - - - 457 457 |
|
| 1 - - - - 2,397 2,398 |
|
| 1 - - - - 2,854 2,855 |
|
| 575 - - 538 - 37 45 82 |
|
| 109,581 21,348 20,679 - 131,765 - 21,516 - 93,815 72,300 |
Page 14
Notes on the accounts
This year has been another challenging year for everyone and we are thankful to all those members who have con�nued to support the work of our church in these strange �mes.
-
P1 The Church Running Expenses is high this year due to having paid out for the Chancel repairs in advance of the work being completed. This work was carried out as part of an insurance claim for the damage caused by rain ingress during a storm in 2019. We will see the insurance payment for this work in the 2022 accounts.
-
P3 We had the opportunity to pay in full for our Launde Abbey Retreat in 2022 so that we could take advantage of the lower VAT being charged by the Government as part of the Covid incen�ves before they reverted back to the full 20%. This has enabled us to pass on this saving to those who have booked for this retreat.
Page 15
Charitable Giving
Parochial Church Council of St Mary Magdalene's Church, Enfield. Parish Ref: 1828 Financial Statement for the year ended 31 December 2021
| Charity Funded by Chris�an Aid |
Church Direct £320 £220 |
|---|---|
| Mary's Meals | £1,361 £0 |
| Money for Madagascar | £103 £0 |
| Totals £1,784 £220 |
Page 16