Ch4rfty number.. . 1133322
Parish of St Dunstan and All Saints, Stepney
IA Parochlal Church Council reglstsred as a charity. number.. 1133322)
Financial Statements
and
Trustees. Report
for the year ended 31 December 2021

Parish of St Dunstan and All Saints, Stepney
IA Parochlal Churth Coun¢ll règistered as a charlty. numb•r.' 11333221
Index to the Financlal Statements
for tho
èar ended 31 D•cember 2021
Page
Ind8x to the Flnanelal Statements
Charfty Infomiallon
Trustée5' Report
statsment of T￿￿tee$. ResponslbllStles
Ind¢p•nd8nt Examinerfs Report
Statement of Flnancbal ActtvMI*s
Statement ol Flnancial POSI￿On
statement of Cash Flows
10
A¢counttng Pollcl85
Notss to the Accounts
13-18
P4ue 2

Parish of St Dunstan and All Saints, Stepney
IA P8rochlal Church Council ￿gIS￿red a8 a charity, number.. 11333221
Charlty Infonnatlon
for the
ear ènded 3108cember 2021
ststU8'.
The Parochial Church Council IPCCI is 8 ¢orporate body established by the Churth of
England. It is constlluted snd govem8d by the Parochial Church Councils IPowersl Measure
1956 las 8mendedl and the Church Rep￿sentatIOn Rules120111, The rnembers of the PCC
are its trusteos und8rthanty law 8nd are fvferred to as such throughoutthis r8PO
'Charlty name:
Parish of St Dunstan and All Saints, Stepney
Charlty reglstsatlon number..
1133322
Regl8tered office:
St Dun5tan and All Saints Churd)
Stepney High Street
London
E1 ONR
Operatfjon5 address:
St Dunstan and All Saints Rectory
ReGtory Squa
London
E13NQ
Chalr..
Vlce chalr:
Tr8asurgr:
secretary.
The Reverend Trevor F Critchlow
MrJulian Cas$
Mrs 8ridget Cass
Mr5 A￿gela Hancock
Chur¢hvrfardens:
Dan Forbes-Ford
Roberto Ishii
Kal8chi Ozoho
Indopondènt Examln•r-
Anthony Armstrong FCA
Amistrong & Co
chorte￿dACcoU￿￿nts & St8tuloryAuthtor
4a Printing Hous& Yard
Hackney Road
London
E2 7PR
Bankers..
HSBC plc
465 Bethnal Green Road
London
E2 9QW
CCLA Investment Management Ltd
The CBF Church of England Funds
80 CheapsKla
London
EC2V 6DZ
Page 3

Parish of St Dunstan and All Saints, Stepney
IA Parochlal Church Councll Ye9iStered a8 a chaiity, number.. 11333221
Trustse8' Report
for the yèar ènded 31 D袢rnber 2021
The Trustees ol the Parish of St Dunstan and All Saints. Stepnèy presentth8ir report togetherwith the financial 8tatsments for the
year ended 31 D8￿mber 2021.
erence 8nd administratlve Infomiation
St Dun$lan and All S81nts 1$ Situated in Stepney. London. It is part of thè Stepney A￿￿ in the Church of England Dloceso of
London. The address of th8 church is.. St Dun$tan and AJI S8ints, Stepney High Street, London, E1 ONR. Th8 ￿rrespondenCe
address is.. Rectory Square. London, E13NQ.
The Parochial ChurGh Counol of the Ecclesi88tic81 Pansh of St Dunstan and All Saints. Stepney bec8rne a wister8d charity on
16 December 2009, numter 1133322.
Le al foundalion of the PC
The Parochial Church Councils IPowersl Measure 1956 a$ awended, defines the prin¢ipal functions and purpose of Ihe PCC
which K5 the respon5ibilty of CO4operating the in￿Mba￿l IRactorl in promoting the mission of St Dun5tan s in its parish.
Membershl
Mèmbers of the PCC are either ex-offlrAO orelected by the Annual Pamchial Church Meets'ng IAPCMI in accordancè wth the
ChurGh Representation Rules.
Durln9 tho year the following sewved 0$ memb8ws of the PCC or asslstod In the runnlng of church actlvltle$.
Clèroy-
Tenn of OllJ¢•:
The R8vererKI Trevor F Crftchlow- Ch8ir Ex-Offi¢io
Ex-offiuo
Office Holdets..
Mr Dan Foths-Ford- Chu￿hWardsn
Mr Rob8rt0 Ishii%- Churchwarden
Ms Ke16thi Ozoho- Churchw8rden
Mr Julian Cass- Oeputy Chur¢hwarden for Fabric
Vacant- Deanery Synod Repr&sentatNe
Ms Angela Hancod(- Deanery Synod Representative
Mrs Bridget Cass- Treasurer
Term of Offi¢•:
Ends APCM 2026
Ends APCM 2026
Ends APCM 2026
Co-opted
Ends 31st May 2023
Ends 31st May 2023
ENIS APCM 2022
PCC Secret8ry- M$ Angela Hancock
Mombers:
Eileen Longstaff
Susan Perriam
Victoria Obaz&
Jenny Ea￿00d
Bunml Fawehinml
Anam Peter Islam
Lawrence MtLaren
Elected by PCC 8nnu8lly
Te￿ of Offl¢¢'.
Ends APCM 2023
Ends APCM 2023
Ends APCM 2023
End$ APCM 2023
Ends APCM 2022
Ends APCM 2022
En(Js APCM 2023
Pald Staff In Attèndance to Advi58
Ms Sarah Smith. Children and Community Wofk6r
Mr Baxter M¢Rolston, Parish Assistant
Structure
overnance and mana
The meth(Kl of appointment of PCC members 15 S8t out in the Ghurch Representstion Rules. All church att&nd885 are encouragad
to registeron the Electoral Roll snd stand for election to the PGC for3 years. 12 members are gen8rally elected.
The PCC is a corporate body established by Ihe Church of Engla1￿ and operates under the Parochial Church Council Powers
Measu￿. It 18 responsible for implementirwJ policies and strategSes which have been approved by the PCC and progr8ssino
organis81ional objectives. It mèets aFproximately every six weeks (with a break over the sutnmer rEriodl and receives financial
and operational reports.
Page 4

Parish of St Dunstan and All Saints, Stepney
IA pa￿h[al Church Council roglstsrnd as a charlty, nurnber.. 11333221
Trustees. Report
for the year gnded 31 December 2021
Ob
L4anda
st Dunstan and All Saint's PCC has the responsibility of ¢troperating with the incurnbent in pr(Knoting in the ecd&siastical parish
th8 whole mission of the Church, pastoral. eYangdistiG social and ecumenl¢81.
Business of the PCC In
In thè Covid-19 pandemic people wer8 riqhyy reluctsnt ¢0 meet In person and PCC rn88tsngs we held by Zoom. The Zoom fomat
wa$ not easy lor everyone, not everyone ha8 a computer and mobile phones are less than ideal lor Zoom meet'ngs. In these truly
exp*ption81 circumstsnL%S St Dunstan only h81d tsvo fomal PCC meeting5, hoKever th8r8 were very r8gul8r meedngs between the
Rector and Wardens particularty regarding Covid-19 precautions in Ghurch. St Dut15tan's w88 fortune to have virologist as
Churchwarden In the person of Dr Dan Forb&s-Ford. St Dunstan's Cowid-19 prs¢autions wère GarefiJlly monitored and changed
qulckly in response to the pandemic. Thanks to our Govid-19 prec2utiorts we not aware of anyone who caught Co￿d-19 in church
in 2021.
So durir¥J 2021 the PCC di5CU5sed Open Hou88 Weekend and how we mlght minimlse risks to wsitcrfs whilst still k8eplng thè
church open forthis important annval event We discussed St Dunstan's Annuai Art Exhibition.. it's theme and the practical
arraroernent5 needed for the exhibition to take place. The PCC al80 discussed wharo we might make our usual charitable
donatyons during 2021 and distributed £2.200 to the Mkjwlfes Charity in 8arKJladesh, Stepney City Farm and the ￿re of Dun8tan
the donkey, th8 Street children tharSty in Sao Paolo Brazil run by the local ATrJlican Cathedral and a loeal Nursery School for
childron with d￿abIlItIeS. Tha PCC also discussèd the EpY8copal Area bid for Central funding of local church plants and deaded
upon a strategy. The PCC was updated on progres5 with the Development Plan. The PCC approved the annual budget an¢J
received reports forth8 staff and PCC offi(￿rS.
Th8 PCC also discussed the CO￿1￿19 related dovmturn in gmng, donabons and sales of things like candles and rec8ived an upt
d8ts report on the finantss. We discussed th8 whole subject of Mission in our parish and a donation frorn the Pemberton B8mes
Charity to enable a now youth orÈnted'fresh exkyession, in our parish. Th8 PCC decide to become corpor81e member5 oftha
Prayer Book Soraety after d8bating tt)e issue. The PCC rec8ived a r8POrt on th8 excel￿nt work of the food bank and noted tha
goc* work il was doing for tke local ¢ommunity the growth in nurnb8rs, volunteers arKI tunding. Tho PCC discuss*l the Quean'8
Platinum Jubi18e and approved plans to hold a Big Lunch Is (x)operats"on with local community groups. Th8 PCC di$¢u$sed L Tring
in Lovs and Faith and the Shandy Street DevelopmenL Every meeting of the PCC had 5afeguardSno on the agenda and PCC
rnembers wer8 pfovKled wth reading materials to ensuro everyon8 understood the importanr* of safeguarding and that itwas
everyone's resFonsibility to ensure our ehurth was a salè èntrironment
Publlc
SI Dun5tan and All Saints. Stepney ban8fits the public by way ofr. regularworship that 18 open to all, the provision of sarxed space
for personal prayer and conttmplation, pastoTrl work linduding the visiting of the sid( and the bereaved), teaching Christianty
through 88nnons, courses and small groups, tsking school as$emblles, promotirKJ th8 whole mission of the church through its
assistan￿ to oksèr people, parent8 and chlldren, and supporting thariti88 In tho UK 8nd overse88.
Flnancial Revl¢w
The results of the pgriod and financial posllon olthe PCC 8re 8hohvn in the anr)exed financial 5tatemgnls.
Tha S18tement ol Finanrial Activthes shows net incorning resources for the yesr of £33.258 and reserves of £1.118.807.
Tangible fixed assets for uso by the charlty
Flxed assets are set out in Note 9 to the a¢¢ounts.
Ind8pendent Examlner
The IndewrKJent Examiner, Anthony Amstrong FCA ofArmstrong & Co, Charte￿j Accountsnts and Statutory Auditor, has
indicated his willingness to be proposed for re-appointtn8nt.
Approved by ihe PCC on 4 August 2022 and signed on th8ir b8halfby'.
The Rev•re
Crftchlow PCC Chalr. Trust•0
Pagg 5

Parish of St Dunstan and All Saints, Stepney
IA Parochlol Church Counell reglster*d a5 a charity, number.. 11333221
Statement of Trustees, Responsibilities
for the
ar ended 31 December 2021
Statsment of trustoe$' r
nsl
Illfles
The trustees are responsible for preparing th6 Trustees Annu81 Report 9nd the financial statoments in accordance *ith 8ppli¢ab4e
law and United ￿.￿SdOM A¢¢ounting StsrKlards (United KSngdom Generally A￿pIed Accountlng Practi(￿1.
The tru8t8és are r8quir8d by law to prepare finanaal 8tatefflents fr)r each financlal period which give a tnje and fair wew ol tt)e
fin￿nCi81 actiwtvas of the charity and of its financial position at the end of that period. In p￿Pa￿r@ those finanaal statements thg
trustees are required to..
al Select suitable 8ccounting policies and apply them consisi8nVy.'
bl Observe the m8th(MJ5 and princlple5 in th8 cha￿t￿S SORP."
¢1 Make judgements and estimates that a￿ reasonabfe and pruden¢
dl Follow Épplicabla accounting standards and statements of rec4)mrnerKled practice, subject to any material departures
disclosed and 8xplain¢d In the awunt5',
el Prepare the finan¢ial statements on thè gryro coneem basis unless it is inappropriate to 88sume that th8 charity will continue in
opèration.
The trustees a￿ rasponsible for keeping adequata accounting rewrds whith disdose b*ith rea50n8ble awurdcy at any timè thg
rinanu81 posib'on of the charity and which enable them to ensure thatthe financial statements c(xnply wth the Charttles Act 2011,
the Charity IAccounts and Report81 Regulations 2008. the Church Accounting Regu18tions 2006 and the prowsions of th8
govemino document. The trustees are also responsible for safeguarding the assets of the charity and h8nC8 for tsking raasonab
steps for the prevention and detaction ol traud 2nd ott)er irregularfties.
Page 8

Parish of St Dunstan and All Saints, Stepney
IA Parochial Church Councll Trglstornd a¥ a ¢harlty, number.. 1133322)
Independent Examinerfs Rèport
to the Parochial Church Council of the Parish of St Dun5tan and All Saints, Stepn8
I report on the a¢eounts of Parish of St Dunstsn and All Saints. Stepney for the period from 1 January 2021 to 31 December 2021.
which sre 8et out on pages 8 to 18. My report is in respect of an examination c8thed out in aC￿rdan￿ with the church
Accounting Regulabon5 2CKb I the Regulations'l and the Ch8rit18s Act 20111 Ihe Charities Act, l.
This report 15 rn8d8 sobly to th8 charitrfs trustees 88 a boty in accordan￿ with s8cbon 145 of the Charfties Act and regulations
mad8 und¢rs8Ction 154 of that Act. My exarnination has been undert8ken $0 that l rnight stste to the charivs trustees those
matters l affl required to stste lo them in an independent exafflinerfs report for no other purpose. To the fvllest extent
permitted by law. I do not a¢￿pt or assurn8 responsibility to anyone other than the PCC and its mefflb8rs as a bC￿y. for tny
xamination, forthi8 rgport or lor the Dpinions I hav8 fonned.
Respeetlvè responsibilities ol memb8rs of thg PCC and the examlner
As describ￿ on page 6, a$ PCC metnbers you are responsible for the preparation of the acc￿ntS. and you wnsider that an audit
is not required forthis year underthe Regulations or under section 144121 of the Charitles Act and that an independent
amination Is ne&J8d.
H8ving safy'sfied myself that th8 charfty 1$ not subjeci to audit under Charity law and 18 ellglble for indep8ndent examination, it is rny
responsibllity to..
al examine the accounts under section 145 01 the ChaThti&s A¢t',
bl to follow tre procedu￿8 laid do￿ in the ge￿ra1 Directions given by th8 Charity Commission under secbon 14515llbl of the
Gharities A¢t, and
cl to state whether partiGular mattgrs have corne to my attention.
Bas1$ of Independent examlne¢$ report
My 8xamlnation was ¢arried out in ac£ordance bTrith general Dir8cb'ons gNen by the Charity Commission. An examination
includes a rewew of the accounting ￿￿r￿S kept by the charity and a comparison of the accounts presented with those ￿e0rd$. It
also iwludes consideration of 8ny unusual Stems or disc105ure5 in the ac¢ounts. and seeking 8xp18nations from the trustees
conceming any such matters. Th8 proCedU￿S undertaken do not prowde 311 the eviden￿ that would be required in an audit. and
consequently no opinion is givan as to wheth8r th8 accounts present a Irue and fair view and the report is limit&1 to those matters
sat out in the statement below.
Independent 8xamlne¢8 Statèment
In connaction ¥bith my examlnation. no materfal rnatt8rs ha¥t come to rny attention which ulves rn8 cause to beli8v8 that in. any
material respect..
the accounb.ng records We￿ not kept in acwrdancè wth sectyon 130 of Ch81ities Act,. or
the account5 did not accord with the 8￿ountIng records". or
the a￿Ounts did not comply with the applicabl8 requirements con￿mIng the fonn and content of acLyJunts set out in the
C*arib"es (Accounts and Reports) R8gulatiorts 2008 other than any requirament that the accounts giva a'true arKJ fairf wew
which is not a matter considered as part of 8n independent 8xamination.
I have corn@ acrtss5 no other matters in connection with th8 examination to whiGh attention 8houkl be drawn in this report in order
to enable a pro
r understanding of the 8ceounts to be reached.
Anthony Armstrong FCA
ofAnnstrong & Co
ert8r8dA
unl8nts
ststut Auditor
4a Prlntln9 House Yard
Hackney Road
London
E2 7PR
Datèd.. 4 August 2022
Page 7

Parish of St Dunstan and All Saints, Stepney
IA Parochlal Church Councll r¢9iSt8red as a charlty. number. 11333221
Statement of Financial Activities
for the
ar ended 31 December 2021
2021
Tolal Funds
2020
UnrÈJtricted
Restrl¢t8d
ETrdowmèrrt
Totsl Funds
Income from-
Donstions and legaoes
Othertrading activit'es
Investments
EFKlowrnents
86,551
43.919
10
86,551
43,919
1.612
39
66,583
26,024
2,224
315
1.802
39
Totsl Income
130.480
1,602
39
132,121
9S,146
Expondl¢ure on:
Charitable aetiviti88
106,319
106.319
81,298
Total expendlture
106,319
106.319
81.298
Net qainslllos8esl on investments
10
7,456
7,456
3,299
Nel incom811?xpenditurel and movement In
funds
24.161
9.058
33,258
17,147
R8conGillatlon of funds-
Total funds brought forward
13
763,849
247,123
74.577
1,085.549
1.068.402
Total funds earrled fornard
13
788,010
256,181
74,616
1,118,807
1,085,549
There *r8 no gains and losses otherthan those not&J above and th8refore no separate statement of total recognised gains and losses
hzs been prepar8d.
The accompanylng accounting FM)Iick8s and notss form an Integral part of these financial statements.
P•)a 8

Parish of St Dunstan and All Saints, Stepney
IA Parochlal Church Coun¢ll reglstered as a ¢harity. nurnbor.. 11333221
Statement of Flnancial Position
as at 31 December 2021
31 December 2021
31 D¢Gember 2020
Nots$
Fl¥ed assets..
Taroible as8eL8
Investm8nls
Total fixed as$•ts
704.191
,070
10
704,930
51,775
756,7
Current assets..
Debtors
Cash at bank and In hand
Total current assets
1,109
366,907
917
340.426
1.343
crèditors: amounts falllng du• withln one year
Nel ¢urrnnt assets
12
13,470
12,499
354,546
328,844
Total net a￿ats
1,118.807
1,085.549
The fLrnd5 of tha ¢harlty:
Endowment funds
Re5trici8d funds
Un￿8￿cted funds
Revaluats'on r8serve
74,616
256.181
188,010
6￿,000
74.577
247,123
163,849
600,000
17
13
10
Total cha￿ty funds
13
1,118,807
1,085.549
Approvod by th• PCC on 4AugU$t 2022 and signed on their behalf by-
vor
ritc
low PCC Chalr. Truste0
Tho notes on pages 11 to 18 ft+rm partolthes8 8¢¢ounts.
Page 9

Parish of St Dunstan and All Saints, Stepney
{A Parochlal Church Covncll ragl8tered as a charity, number: 11333221
Statement of Cash Flows
for the
ar ended 31 December 2021
Notss
2021
2020
Cash flows Irom operatlng activitles:
Net cash used in cwating actI￿t￿$
25,708
12,821
Cash nows from In￿StIng acttvttt¢s'.
ONiderK15, inter8$t and ients from investrnents
Purchase of investrnents
1,612
18391
2.224
(7881
Ng1 cash provlded by InVes￿n9 activitses
1.436
Chang¢ In cash and ¢a$h equlvalents in the r•portlng perlod
Cash and cash •qu5valents at the beglnning of th¢ reportlng porfod
Cash and eash equivalonts at the ond of tho reportln9 pertod
26,481
14.257
340,426
366.907
326,189
340,426
otos to Cash Flow
t•m8nt
2021
2020
l Re¢onclllalion of n?t IncOm￿{expendI￿mTr to net cash flow from
OP8ratlng activltles
Net incomellexpenditure} for the reporti￿ period las per the stst&ment of financlal
actfvitie51
33,258
17,147
Adjustments for:
Depreaation charges
IGainsyIoss8s on revaluation of investments
DIV￿ends, interest and rents from investrnents
Ilncre8seydecrease in debtors
Increaselldecreasel In fftditors
739
17,4561
11,6121
11921
971
873
13,2991
12.2241
19171
1,239
Net cash provlded by lused Inl oporatlng a¢tivltl88
25,708
12.821
2021
2020
2 Anatysls of ush and cash •quival8nts
Cash in hand
366,907
340,426
Total cash and cash •qulvalents
366.907
340.426
Page 10

Parish of St Dunstan and All Saints, Stepney
IA Parochlal Church Councll registered as a charity. number.. 11333221
Accounting Policies
for the
ar ended 31 December 2021
1 Ac¢ounting pollcle$
Basls of prèpardtlon
The financial ststemgnts hav8 been prBpar&l in accordan￿ with..
al Applit*ble UK accounting standards, including th8 provisions of Section 1A (Small Ents"tie51 of Finandal Reporting
Standard 102'The Financial Reporting Standard applitable in the UK and Republi¢ of Ireland IFRS 1021
bl A¢counbng and Reporbng by GharFbes.' Statement of Recommended Practi￿ applicable to charities preparing th8ir
a¢xounts in accordan￿ with the Financial Reporbng Standard 8p￿Icable in the UK and Republic of Ireland IFRS 1021
leff8ctive l January 20151- ICharitl8s SORP FRS 1021,.
cl The Charities A¢t 2011.
dl The Church Accounts'ng RegulaVon$ 2006.
Publlc benefit enWty
The charity meets the deffnilon 018 public benefftents'ty under FRS 102.
Golng ¢onc•m
There a￿ no rn8terial uncertainties about th8 charitys ability to continue op8r8tyng and accordingly the 8cwunts hav6
been p￿Pared on a going concern basis.
Incomè rgcognltlon
Voluntary income and donafjon5 lincluding lega￿e5} are accounted for On￿ thé PCC has entit￿Ment to the in￿me, it is
probabl& trE income will be received 8fKI tt)e amount of incorne r8C8ivable can be reliably rneasured. Incom8 from the
recovery of tsx on gift 8ided don8tion$ is accounted for on(8 the tsx reclaim has been applied for. Grant income is
recognise(l on a re￿1Vab￿ ba518.
The income from trading activib'es include rentsl income from th818tting of church premises tempomrily surplus to
requirement. and Is a(Lounted for when 8amed. It is Sho%￿ gross, with the associated Costs included in fvndraising costs.
Interest on funds held on deposit Is indud8d when ￿￿1Vat￿e and the amount can be rneasu￿d reliably by the charity., this
is nomially upon notification of the interesl paid or payable by the bank. Income frorn property h6kJ for its rental r8turns is
in¢lwled in Inveslments when due.
Expenditure recognition
Expenditure is accrued as soon as a liabilty is conside￿￿ probab18, and the 8rn0unt of obligation Can be maasurwl
liably. Longer term liabilities ar8 discounted to pre88nt value. The PCC L8 not registered lor VAT a￿1 acwrdingly
expenditure includes VAT appropriate.
Expenditure included in Raising Fund5 includes amounts Incurred In obtaining gr8nts a￿1 other donafjons and prop8ty
rna1ntenan￿ ¢osts.
charitab￿ 8xpenditur8 indudes those costs expended in fulfilling the PCC'S principal objects, 8S Outlined in thè Report of
the PCC. Th888 Include grants payable, gO￿rnanCe costs and an apportlonment of support costs.
Grants payable are payments made to third Part￿ in fUrth8ran￿ of the PCC'S objects. In the case of an un¢ondition81
grant offgr *hi8 1$ accrued once the recipi8nt has been notified ol the grant award. The notification gives the recipient a
reasonable expectation that they will re(%ivs th? grant. Grants awards that are subject lo thé recipEnt fulfilling
perfortnance ¢onditions are only accrued whèn the reapient has been notlfied of the grant and 8ny remaining
unfulfilled condition attaching to that grant is out$id& of th8 control of the PCG.
Governance costs COmPriS8 all costs involving the public attountability of tre PCC and hs Complian￿ wrth regulation
and good pr8Cti(*. The58 costs Include costs related to th8 indepetNJent 8xamination 8NJ legal fees.
RentaJ5 under operating leases are charged as incurr8d mr the term of the lease.
Endowment fund5
Endowment funds ar8 ￿$t￿cted funds whlch ar8 capital in n8turg. Pem)anènt endowments e>istwh8re Iher6 is no powpr
to convert the capitsl into income. The funds ran ￿duce where there are de(Tra$88 in value. elther by losses or
depreeiatson. of 8ssèts represented by Ihe bJnd$.
Ro$trl¢t8d Funds
Restricte¢l funds are to b8 use¢Y for specified purposes as18id (Jown by th& funder. Dlrect and 8UPPOrt expertdittj￿ which
me&ts thes8 crileria identifled to ihe fund together with a fair allocatson of other w8ts.
P89811

Parish of St Dunstan and All Saints, Stepney
IA Parochl81 chU￿h Councll r•giStored as a Gharlty. nvmber: 1133322
Accounting Policies
for the
r end&d 31 December 2021
Unrostrl¢¢ed Fund5
Unr8Stri¢tsd funds 8re funds recei%ed whi(* hav8 no restrrGbons placed on their use and are available as general lund8.
Deslgnated Funds
()esignat8d functs are unresth¢￿j funds eamiarf(ed by th8 trustoes for partSoJlarpurposes.
Tanglble Fixed Assets
Tangible ffxed assets are ststsd at C05t less depreoation. Depredation is p￿ded at the following annual ratas in orderto
write off each asset over tts estimated u89ful Ilfe.
Land & bulldings
Plant & mschin8ry
No depreciation charg8d
- 15VAWDV
Gonsgcr8t8d Property 8ndAlove&b18 chU￿h Fumishings
Consecrated land and benefiee property swh a5 the church building and ￿e8r£ge Is exdud8d from the accounts in
accordan￿ with 510 of the Chariti8s Act 2011. Moveable church content5 are held by the ￿7c3r and churchwardens on
special trust for the PCC and r8quire a faculty fordisposal are accounted as inalienable property unless conseer8ted. All
expendlture incurrecl on eonsecraled or b8nefic8 buildings 2nd moveable ¢hurch furnishing5, wh8thÈr ffla1ntenan￿ or
improvement, is exp8nsed wthin th8 Staternent of Financial Activiti88.
Investments
Investments gre shown in the balan￿ sh8et at dosing math81 value. Su￿lUs8$ Ordefi￿ts on valuation are Gredited or
chgrged to the SOFA.
Page 12

Parish of St Dunstan and All Saints, Stepney
IA Paro¢hlal Church Council regF8ter•d as a ¢harlty. number.. 11333221
Notes to the Accounts
for the
ear ended 31 Decembor 2021
I In¢omlng re$ource8
Thè incoming ￿sourceS and surplus attributable to the prin￿PaI a¢tiwtie8 of the Gharity.
2 Net rncomlng resources
Netincoming resources ar8 s18ted &fterch8￿ng."
Independent Examiners fees- Ind8p8ndent Exarnination seM(*s
Auditors fees- other servi
D8preclation- owned as58ts
2021
2020
1,000
800
739
1.000
800
873
Tru$tees' emolurnents
Emoluments include salari8s, f8es. tsonU￿. 8xpens6 allowan￿$ aThJ asb'mated mn-rxsh benefits re¢eivable. Al trustees Serve
in a voluntary Capacity and (Jo not recelve payment for theirserv1￿s.
3 Income from donatlons and laga¢les
2021
Total
2020
Total
Unre5tr1ctsil
Re8tr1cted
Appgals
Gr8nls." P8rnberton Bam8s Trust
Grants.. Mercers
Grants,. Coopers
Grants.. J8ru88lem Trust
Donations
&'ft aid tax recoverèd
P8mberton Bame$ Trust Legacy
CO1￿ctionS
Guides & postcards
PayPal incom8
Candle boxes
27.653
5,2CK)
27.653
5,200
2,000
500
2,000
1,318
8,313
32,000
4,466
611
2,160
330
86,551
31,952
3,000
500
2.000
1,318
8.313
32,000
4.466
611
2,160
330
86,551
27,456
192
2,894
1,089
66,583
4 Income Irorn other trading aGtlvltl¢$
2021
Total
2020
Total
Unre5tr5cted
Restrlcted
Fees r8tained
Church rent
Curatès house Mnt
4,941
14,240
24,738
4.941
14.240
24.738
43,919
1.652
24,312
26,024
In¢om• from Investments
2021
Totsl
2020
Totsl
Unresldctsd
Restricted
CGLA Investment ino)me
Interest rece
1,S13
89
1.602
1.513
99
1.612
2.166
58
2.224
10
10
6 Incom• from endowments
2021
Total
2020
Total
Dongola Hill Trust
315
315
39
Page 13

Parish of St Dunstan and All Saints, Stepney
IA Paroehlal Church Councll ￿gIstsred as a ¢harlty, number.. 11333221
Notes to the Accounts
for the
ear endod 31 Decembor 2021
7 Expendi*ure on charltable activltles
2021
rotsl
2020
Total
Unrestrtct•d
Restrfct•d
Common fun¢J
Staff ¢osts
A5sign8d fees
Charitsble contrfbutions
Cleryy & st8ff expenses
Charitable giving
Art exhibitions
Psrish Assistant Accommodation St Thomas Hous
Church running costs
18,000
21,272
16
3,021
620
1,842
195
9,155
46,415
2,985
18,000
21,272
16
3,021
620
1,842
195
9,165
46,41S
8,834
20,452
638
2,445
657
8,217
29.933
6,186
218
873
1,045
1,000
800
81.298
Wedding costs
Depreciation
Sundry 8xpenses
Independent examine¢s f888
Inepondent 8xaminer.' oth8r costs
739
249
1,800
739
249
1,800
106,319
Staff ¢05ts
1021
2020
Staff costs (Gro86 wages + Nl contribuUons + Pensions)
21,272
21,272
20,452
20,452
No ￿MuneratIon was paid to any Twsteè ortheir assodates for serwces 05 a trustee during the yaar @nded 31 0￿mbar 2021
nor to 31 D0￿Mber 2020.
Land &
buildin9J
Plants
machinery
B Tanglble fix•d assets
Total
Cost or valuatFon
As at 1 January 2021
700,000
28.670
728.670
As at 21 December 2021
Depreclatlon
A5 at 1 January 2021
Charge for th8 y¢ar
23,740
739
23,740
739
As at 31 Oecembgr2021
24.479
24.479
N8t book valu•
As at 31 D8C8mb9r 2021
7CQ,000
4,191
704.191
As at 31 Dèc8mb8r 2020
700,000
4,930
704.930
The Land & Buildings refers to a ￿0 bedroom8d terTrced house on ArtK)ur Square ￿1¢h hou88$ the a5SiStant curatè. It Was
Ipurchased for £1(K).O(K) and is owned by St Dunstan's PCC. The property was revalued in 2014. The valuation was made by the
Tw$tee5 ba88d on the value ofsimilar prowrtv&s in the Arbour Square that had been 501¢J in the re￿￿t past and the indicative
valu8 Indicated from otr*r online research.
P&Je 14

Parish of St Dunstan and All Saints, Stepney
IA Paro¢hlal Church Council rogis*er•d as a ¢harlty. numb8r.' 11333221
Notes to the Accounts
forthe
r gnded 31 D9cember 2021
CCLA-Mary
Ba5tow.13
CCLA. Mary
CCLA. PCC
CCLA- Rgli¢l
10 Inveslments
Bas￿. #2 incom8 $har05
Totsl
Maiket value
As al 1 January 2021
Additions
Revaluations
As at 31 Decamber 2021
1.393
4.256
28,630
839
4,151
33,620
17,496
51,775
839
7,456
0,070
198
1,591
e04
4.860
2,503
19,999
Numberof unlts
UnltVlue£
854.00
23.4181
1.435.68
23.4181
236.30
20.5664
77.33
20.5684
Tot41 markot value at y8ar end
Totsl £
19,999
33,621
4,860
1,590
CCLA- Relief alc
CCLA- PCC Income shares
CCLA. Mary Ba$tow.#2
CCLA . Ma
Bastow- #3
11 D•btors.' amounts fallln9 due with5n one year
Other debtors
P￿pay1￿8nts
2021
2020
192
917
1,109
917
917
12 Creditors.. amounts fallln9 du• wlthln c•ne year
Opersting creditors
C￿￿1t card
AGcruals
2021
2020
12,498
13,470
12,499
12,499
13 The fund$ of the charlty: ¢uftent perlod
Openlng
balance
Resour¢88
Ro¥our
utIlLqed
Other
movemorta
Closing
lanto
R8sti7Cted fu
Endowment funds
Restricted income funds
Tot81r8slrieted funds
nrestrFct8rl furKIs
Designated fvnds
General fund5
Revaluation resarve
Totel un￿￿tricte£l funds
74.577
247,723
321,7(K>
39
1.602
1.641
74,618
256.181
330.797
7.456
7.456
104,929
58,920
600,000
763,
17381
1108.5811
104.191
83,819
600.000
788,010
130,480
130.480
1,085.549
132.121
106,319
1,118,
14 Tho lunds of the ¢harlty'. pdor peri<>d
Op￿Ing
balance
Retsources
arfslnu
Resourcos
othor
movom•r
10slng
balanctr
Endowm8nt funds
Restrict8d income funds
ToEèlr8St17Cted fun£ls
74,262
315
2,166
2,481
74,577
247,123
321.700
315,920
3.299
Pagtr 15

Parish of St Dunstan and All Saints, Stepney
IA ParochSal Church Councll registered as a ¢hadty, number- 11333221
Notes to the Accounts
for th•
ear end&d 31 December 2021
Unr8S
Design8t8d funds
General fund5
Revaluabon reserve
Total unrestriGtgd funds
105.802
46.680
600.000
752,482
18731
180.4251
104,929
58,920
600 OOD
763,849
92,665
81.298
5.146
81,2981
3,299
1,085,549
Endowmont funds
The endowment fvrids a￿ administereci in a CBF Church of England Deposit Fund a¢c(yJnt.
The fund is made up of pertnangnt endowm8nt capitsl of £13.000, with the balanc¢ bwng
accumulated expendable inwme. At presen¢ in¢ome geneTrted by th8 fund Is being
retained in the fund. In 2015 £30.000 wss transf¢rred to the PCC account 8fKI used to P8y
for major buikling Works. Initial￿ treated as a loan it has now boen reflected in th8
en(lowment fur￿ as a utilis8tion of exp8nd8ble endowrnent.
Openln4 Re80ur¢es
balan¢•
arlsing
Resources
utFllsed
Transfers &
adjustm0nts
15 De$ignatsd funds- current
Clts$5ng
balance
Fix&Y asset fund8
104,929
104.929
738
73
104,191
104,19
Openlng
balance
Resources
arislng
Resources
utilisod
Translers &
adluslm8nls
18 Designated funds: prlor p•rfod
Closing
balance
Fixed as58t fijnds
105,802
105,802
873
873
104.929
104,929
|Frxed as$•t funds
Thi8 furFd represents the amount of charty funds I￿Ked up in freehold land and bU1￿1ngS
and other fixed assets %yhich are needed for 0￿rational PUFposes. The funds are carried at
Ihe net book v£lu8 of the fixed 88sets at the balano sheet date, after deducting any
outstanding loans. endowment funds or restricted fvnds used to finanee their acquisidon.
Opanlnu
balance
Incoming
Resol1￿08
exp•ndod
Transfor8 &
adlu9tmfynts
17 Restrlcted funds.. ¢urrent perlod
Closlng
bAlan¢o
StAugustine Missh)n House Trusl
Investsnent5- CCLA shares
London Diocese Lent Appeal
Mary Bastow Charity
St Matthew Hall Trust
PreSe￿8110n Trust
Restoration & Development fund
Rector Drewatt Bequest
Relief Fund
48,424
51,775
237
2,729
70,167
40,018
24.078
7.897
1.797
247 123
48,424
56.765
237
3.696
70,1fj7
40,103
24,078
7,901
4,808
256 181
839
4,151
166
801
85
508
2.503
Openlng
balanc•
In¢omln
esoU￿$S
R•sour¢es
expendèd
Tr¥nsl*rs &
od1￿l￿ents
18 Restrictsd ftsrtds- prlor porlod
CIosln9
bala*¢e
St Augustine Mission House Trust
Inve5tm8nts- CCLA shares
London DI0￿$0 LentApp8al
Mary Bastow Charity
St Matthew Hall Twst
Preservation Trust
Restoration & De¥elcpm8nt fvnd
R8¢tor Drewett B8que5t
Reli0f Fund
48.424
47,689
237
2.566
70.167
39.293
24,078
7.897
1,307
241.658
48,424
51.776
237
2,729
70,167
40,018
24.078
7.897
1.797
247 123
788
3,299
163
725
490
Page 16

Parish of St Dunstan and All Saints, Stepney
IA Parochlal ChufGh Councll rgglstered as a ehartty. numbtr.. 1133322
Notes to the Accounts
for the
ar ended 31 Decembgr 2021
Restrfcted funds leontinuedl
Projects financed by ￿$trIcted funds are supwrta by unrestricted funding therè n¢¢es5ary. This occurs wh8re the funding Is in
arraars or the InCK18n￿ of eypenditure Dn thg project occurs disproportionately at the beginning of the project wmpared to the
income flows. Wh8re restricted projects end th8 year ¥￿th a dèfiLYt, this Is met by aftery8ar-8nd restrict8d incxyne or transfers
from unrestrictad funds.
St Augustine Mlssion House
Funds for general 8ccle8iastic•l purpose5.
Investments. ¢¢LA shar88
These are CCLA $hares made up from S diffe￿nt former ac£ounts and charity invèstments.
London Diocese Lent Appeal _J Special collection during Lent for ci)arities designated by thg Di0￿e of London.
hlary Bastow Charlty
This w8É a residue of a ftjnd tts provide a curate al St Philips Church which is now part of St
Dunstans Parish. St Philip's wa5 clos*1 and is now the medical library of the Roy81 LorKlon
H05Pital. The fund is now designated for supporting assistant ciergy at st Dunstan.
St Matthew Hall Trust
Funlls for maintenants of buil(lings and general religious pur
oses.
preserva￿on Trust
Furxls for p￿servatIon of St Dunstan and All Saints Church Stepney.
Restoration & Developmont fund General Fund for developing new atsa5 of mission, rninistry and outreach.
Rector Drowett Bequ¢st
At the Rectorf5 discretion fc)r rest and ¢onvalescen• ofw0rn8n of the Parish of St Dunstsn
and Al Saints Slepney.
At the Rectorfs discretion itir the relief of poverty atKJ suffering and pr(Knots"on of the
Christsan Faith in the Parish of St Dunstan and all Saints, SteprEy.
Re110f Fund
GÈneral Designated
funds
funds
738
738
738
R•stslct8d Endowment
funds
funds
19 Transfèrs belween funds.. ¢urr•nt period
Desionated lo oener81
Total
Genernl De8lgnated
funds
funds
873
873
873
Rostrlctsd
funds
Endowment
funds
20 Tran8f¢rs betrfftn lunds.. prlor perood
Oesianated to aen8ral
Totsl
Net assets attnDuthbie to iunus..
current period
lievaiuauon
<¥enerai
funds
Llesignatefj
funds
knllowmont
funds
funds
Total
Tangible flxed 8958ts
Curienl assets
Current liabilities
Net aSS8ts ￿preSented by funds
600,000
104,191
60,070
97,289
13,470
83,819
764,261
368,016
13,470
1,118,
74,616
600,000
104,191
256,181
74,61
22 N•t ¥88OtS attriDutaDio to tun08:
prlor pgrfod
Kovalu￿10n
roseNo
Uenerai
funds
LJes19natea
funds
nuowmeni
funds
fund$
Totsl
rangible fixèrl assets
Current assets
Curr8nt lial*lit'e5
Net 8858ts rapre5enled by funds
600.000
104.929
51.776
195,347
756.705
341.343
71,419
12.499
58.920
74.577
00.cKo
104.929
247,12
74,577
1,085,549
23 Taxation
The PCC is a regiSter&J charity. Accordingly, It 1$ exernpt from taxation tn respect of income and capital gains to the extèntthat
th6s8 are appli8d to its Charftable obJ'e¢ts.
24 Post balance $heot events
Trero were no s￿nIficallt post balanc8 8heet events.
25 contingent Ilabiliti8S
The charity h￿$ no rnat8ri81 contingent liabilit18s at 310ecemL*r2021 norat 31 De¢eFnber 2IY20.
Pag$ 17

Parish of St Dunstan and All Saints, Stepney
(A Parochlal Church Council registered as a Gharlty. nurnber: 11333221
Notes to the Accounts
for the
ear ènded 31 D&¢ember 2021
Related partles
Duriro the year the memb8rs of the PCC arKI th&r relat&Y parties madè aggwate donations 01£14,39612020". £16,172).
27 Glfts In klnd and volunteers
Ouring the year thtr Gharity bengfited from unpaid work performed by volunteers.
Page 18