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2022-12-31-accounts

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST STEPHEN, CASTLE HILL, EALING ANNUAL REPORT OF THE PAROCHIAL CHURCH COUNCIL FOR THE YEAR ENDED 31 DECEMBER 2022

Administrative information

St Stephen’s Church is situated on the corner of St Stephen’s Road and the Avenue, West Ealing. It is part of the Diocese of London within the Church of England. The correspondence address is:

St Stephen’s Church, St Stephen’s Road, West Ealing, London W13 8HB.

The Parochial Church Council (PCC) is registered with the Charity Commission (No. 1133772).

PCC members who have served in the period 1 January 2022 until 31 December 2022:

Incumbent The Revd Steve Newbold (Chair)
Curate The Revd Ruth Robinson from 3 July 2022
Licensed Lay Minister Enid Barron to 20 Nov 2022
Churchwardens Caroline Jamieson (Vice Chair to 15
May)		 to 15 May 2022
Mary Ann Auckland (Vice Chair from
15 May)
Ann Toley from 15 May 2022
Representatives on the Deanery Synod: Liz Cooper
David Gillingham
Linda Rivans
Elected members: Jessica Ely to 15 May 2022
Qin Li to 15 May 2022
Alice Zhang
John Anniss
James Morrow
Rob Yates to 26 Sep 2022
Sue Charlton
Jon Yarrall
Janet Sehgal from 15 May 2022
Xiaoe Li from 15 May 2022
Jen Whadcoat from 15 May 2022
(also Safeguarding Officer)
Secretary (co-opted) Jane Maffett
Treasurer (co-opted) Sanjay Joshi
And the following who is not a member
of the PCC
Associate Vicar Caroline Newbold

PCC of St Stephen’s Ealing Charity Number 1133772

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Structure, governance and management

The method of appointment of PCC members is set out in the Church Representation Rules. All Church attendees are encouraged to register on the Electoral Roll and stand for election to the PCC.

The PCC also appoints Trustees to the St Luke’s Hall trust, a separate charity with the stated aim of managing the assets of the Trust ‘for use for the religious and other charitable purposes of the Church of England in the Ecclesiastical Parish of St Stephen, Ealing. ’ The Vicar is an ex-officio Trustee.

The Vicar is also, ex-officio, a Trustee of the Gurnell Grove Community Trust, active in the parish.

Objectives and activities

The PCC has the responsibility of co-operating with the Vicar in promoting in the ecclesiastical parish the whole mission of the Church – pastoral, evangelistic, social and ecumenical. Our Vision Statement is:

Community growing in the love of Jesus

The PCC has maintenance responsibilities for the Church buildings which include the hall and a cottage for residential use. The PCC also owns and maintains a separate house at 26 Drayton Gardens, currently occupied by our curate.

General statistics

Church membership

The Electoral Roll saw a small decrease of seven people so that on 31 December 2022 there were 191 people on the Roll. Of these 51% were resident in the parish and 49% were not, 62% were female and 38% were male.

Occasional offices

There were three thanksgivings, four baptisms and three confirmations. There were two marriages at Church and the clergy conducted the funerals of ten parishioners (four of the services were at St Stephen’s).

Review of the year

The Annual Parochial Church Meeting (at which three new PCC members were elected) and the Annual Meeting of Parishioners (at which two churchwardens were elected) were held on Sunday 15 May 2022 in accordance with the Church Representation Rules and The Churchwardens Measure. The full PCC met seven times during 2022 with an average level of attendance of 75% of members. The year started with national concern about the Covid Omicron variant. By the end of February, the remaining Covid restrictions were lifted and life slowly began to return to normality although it took until the autumn until people started to return to Church in numbers that were closer to those pre-pandemic.

During the spring we again ran Alpha online and had eight guests but as Covid restrictions relaxed we were able to meet in person for our Holy Spirit Day and for an end of course party. In the autumn, for the first time since 2019, we were able to hold an in-person Alpha course. Eight guests undertook the course although two mostly watched the videos at home. By the end of the course one guest had made a renewed commitment to Christ and two have become regular members of a mid-week Connect Group.

Mid-week Connect Groups continued, initially online but as the year progressed most returned to in-person meetings.

Our Pastoral Care Team, Connect Group Leaders and the Leadership Team continued to support church members through a variety of means, and increasingly through in-person visits.

There were several staffing changes during the year. We were joined by our new curate Ruth Robinson who was ordained in July. In August Gordon Nunn, our long serving Centre Manager left us after over 20 years of faithful service. We were able to recruit Jack Cahill who joined us at the end of November. We continued to have a vacancy for a Youth Leader but Caroline Newbold continued to assume responsibility for this work and led attempts to try to recruit a replacement. We also advertised our vacant post of Worship Pastor on three occasions but despite several applications were not able to make an appointment.

Throughout the year, we continued to livestream our 10.30am Sunday morning service and although numbers watching dropped as restrictions eased, their remained a core group joining in live and a much larger number watching later in the day.

A large part of our local mission is actively to support The Grove Missional Community ( The Grove ) working on the Gurnell Grove Estate in the Parish. This is overseen by a separate charitable trust (Gurnell Grove Community Trust). As well as direct giving by the PCC, an increasing number of people have been involved in the launch of a weekly Sunday afternoon service and while this is a great blessing it has also stretched our existing resources. Mark Tate (leader of The Grove) continues to serve as a member of the St Stephen’s Leadership Team.

PCC of St Stephen’s Ealing Charity Number 1133772

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The PCC continues to be grateful to the St Luke’s Hall trust for their ongoing and generous financial support.

Much of the work of the PCC is conducted in its formal subcommittee structure. The four subcommittees or teams continued: Finance, Buildings, Mission and the Children and Youth Teams.

Key activities are described in the individual reports below.

Leadership Team

The Leadership Team met regularly to support the Vicar in the day-to-day management of Church life. Most of its time was spent focusing on issues of discipleship, outreach in the local community and resourcing the Church for future growth. The Leadership Team shares with the Vicar in pastoral responsibility for the Church and regularly discusses and responds to individual situations.

Finance Team

The Finance Team – comprising the Vicar, Treasurer, a Churchwarden, Giving Coordinator, and two other PCC nominees – and the Standing Committee oversaw the financial position throughout the year. Their work included review and discussion of the annual accounts, the 2022 forecast versus actual results, and levels of planned giving income. The latter was particularly important during the pandemic when we expected – and saw – drops in giving and hall rental income. We continued to manage budgets carefully, in order to monitor more closely the Church’s finances and plan for the future. More detailed information is given below.

Buildings Team

At the beginning of 2022 we had the deteriorating cupola removed from the Church roof and the area surrounding it was repaired and made weatherproof. In August we had a Fire Inspection and we are addressing the issues this raised. In November we held a ‘Sleeves up Saturday’ when volunteers helped clean inside and outside the Church building, for example clearing gutters, repainting damaged areas. Many people came and tackled the long list of tasks with enthusiasm. In December our new Premises Manager, Jack Cahill, arrived, following the retirement of Gordon Nunn, and has taken over much of the routine cleaning and maintenance.

The PCC considered and agreed a plan for the new entrance for the Church, considerably enhancing the impact and access from the street and enabling a much-improved entrance area inside the Church building. The scheme will be generously funded by the St Luke’s Hall trust. However, the scheme will need the removal of the immature oak tree near the current entrance, and this requires a Section 106 order before planning permission could be granted. By the end of the year this issue was still in progress. The work needed to make the car park area safe will proceed when planning permission has been granted so, to optimise efficiency, the two projects can proceed together with a partial start to the entrance works for planning purposes while we monitor the currently volatile costs of building work.

Mission Team

The Team managed St Stephen’s relationship with the wider world at local, national and international levels aiming to increase awareness and understanding of issues as well as providing practical and financial help. The Team maintained links with our six core Mission Partners. The policy of the PCC is to give 10% of our regular giving to Christian mission charities and most of this was divided between these six partners. Additional monies were raised by events and special appeals for other specific causes. Programmes of social action were led by members of this Team and involved people from St Stephen’s. The Ealing Churches Winter Night Shelter arranged for 10 homeless to stay in a local hotel due to the ongoing pandemic, but we were still able to support them with weekly meals. The Church is also actively engaged with the Ealing Churches Soup Kitchen. £1,712 was raised during Lent for the London Diocesan Appeal for raising awareness of mental health and wellbeing for adults and young people. 78 boxed Easter eggs were donated to the Marylebone Project for Homeless Women. Christian Aid Week fundraising included a successful outdoor Fair, a Concert, delivery-only distribution of envelopes, a sponsored 300,000 step walk and a Sunday service featuring the work of Christian Aid.

Nine Hampers of Christmas goods were assembled by Connect Groups and delivered to individuals and families living in the Borough and engaging with Christians against Poverty. A weekly collection of food throughout the year was given to Ealing Foodbank with further donations of food and money at Harvest. Our Christmas Fair was successful with £3,905 being raised for the Grove Missional Community. The Mission Team was able to return to Traidcraft sales most months in 2022, offering sales of goods and Christmas cards.

Children and Youth Teams

These Teams seek to ensure that the needs of children, young people and their families are met within the life of the Church and that the Church vision is enacted. The Leadership Team ensures that our activities are in line with the ‘children’ element of our

PCC of St Stephen’s Ealing Charity Number 1133772

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Safeguarding Policy and that we follow the best practice processes of the Diocese and Church of England (including the identification of a ‘Children’s Champion’).

Children's activities continue to be focused on four strands: our junior Church (known as JAM); Youth group; Shining Stars midweek toddler group; and children's activities at outreach events.

JAM (Jesus and Me) 2022 has been exciting as all Covid restrictions were finally removed. The new resources we chose to implement last year have proven to be very useful and information and allow more flexible and tailored sessions. We regularly have 20 plus children attending our groups. Children continue to participate in church services with reading, and our children have led two full services with more to come in 2023.

Our youth We are currently in contact with 18 young people in the 11-18 age group, from 13 families. The Youth Leader post was advertised twice during the year; in June we had several applications and called a promising candidate to interview but were unable to appoint. In September we were unable to shortlist and so we have decided not to advertise again for the time being. Caroline Newbold continues to cover the post in the meantime and is ably assisted by the Youth Team. Youth sessions take place fortnightly during the 10:30 service and there are monthly socials. Some of our young people are now involved in the new service at The Grove and youth meetings are always in competition with family events, sporting fixtures and schoolwork but we persevere because it's so important to encourage and inspire our young people as they grow into their own personal faith in Jesus and play their part in the life of the church.

Shining Stars (a Tuesday morning Christian group led by members of our staff and congregation for toddlers and their parents/carers). Each session begins with free-play and the children have a variety of toys, ride-ons or craft to entertain them. Fresh tea and coffee are provided for the adults as well as biscuits for all. This gives adults a time to relax and chat with each other as well as the team. A Bible Story and action songs finish the session and this ensures a strong Christian focus. Parents and carers are regularly invited to events or services at church and the team prays weekly for those who attend. Shining Stars continues to be a very popular toddler group with many commenting how friendly the team is and how clean and tidy the toys and venue are.

Other events We were once again able to run events for children from the church as well as in the community this year. We welcomed 19 children and their parents/carers to a Light Party in October. The numbers were lower this year but this may have been because at least three other churches in the area were also running similar events. We held a Carols, Nativity and Christingle service again this year with almost 200 people in attendance.

Safeguarding

The PCC has complied with the duty under section 5 of the Safeguarding and Clergy Discipline Measure 2016, in relation to having due regard to the House of Bishops’ guidance on safeguarding children and vulnerable adults. We have also adopted the Diocesan safeguarding policy, and continue to review, and where necessary strengthen, our processes to ensure the safeguarding of vulnerable people (children, young people and vulnerable adults) whilst at the same time trying to avoid too much bureaucracy in our various ministries. Key to all decisions is the assessment of risk and the core adherence to our policy.

Outreach

Outreach and mission are integral to all aspects of Church life throughout the year. After two extraordinary years our usual community events that we lead or participate in started up again: we participated in prayer stalls at both Party in the Park and Light up the Lane. We have not yet re-established our Community Fete in Cleveland Park, last run five years ago, as we are rebuilding our core church base from which we draw volunteers. Outreach also includes the streaming of services, promoted on social media, enabling a wider audience to join with us from home and from overseas.

Our Friday afternoon drop-in café aimed at the over 60s was revived and much welcomed.

Deanery Synod

The Ealing Deanery and its Synod met four times during the year. The first meeting was online and the subsequent ones in-person with an online option. In January the focus was on Compassionate Communities, part of the Diocese of London's Vision for 2030. The Synod heard talks from representatives from Ealing Churches Winter Night Shelter Project, Christians Against Poverty and Besom. In the July meeting Deanery Mission bids from 14 churches were announced and the Synod voted to grant money to all. At the September meeting the focus was again on Compassionate Communities and representatives from Ealing Soup Kitchen, Ealing Foodbank & South Ealing Community Food Cupboard gave interesting talks about their work. In November the main item on the agenda was Transforming Mission: What place now for the Church in 21st Century London? The Revd Mark Poulson (Leader of Transforming Southall & Hounslow Mission Area) gave an informative and interesting talk about this in relation to Ealing.

PCC of St Stephen’s Ealing Charity Number 1133772

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Financial review

A formal budget process was again followed during the year to assist with financial planning. Full details of the accounts are provided in the independently examined and signed-off Financial Statements.

Total receipts on ordinary unrestricted funds were £248,265, over £25,000 higher than the equivalent figure last year (adjusted for a special donation) thanks mainly to increased personal giving and also Hall rentals up £12,000 and £5,000 rent from the vacant Curate’s cottage.

Within this total, Planned Giving by Church members, plus occasional general donations from both church members and visitors, and related Gift Aid totalled £200,403, 13% up on the previous year, and higher than pre-pandemic levels. In the autumn, as usual, the Church asked all donors to review and update their giving pledges, and encouraged new givers. And the ability to donate by card or on the website has been increasingly helpful.

Total unrestricted expenditure amounted to £217,779 (only slightly lower than pre-pandemic 2019, reflecting the bounce-back of activity). This provided the Christian ministry of St Stephen’s Church, including the contribution to the Diocesan parish share which largely provides the stipends and other clergy overheads (including housing for the clergy). It includes the costs of two employee roles: Centre Manager and Communications Manager.

The St Luke’s Hall Trust continued with their annual donation into the St Luke’s Restricted Fund (SLRF) – the expected £40,000. This Fund had expenditure of £32,217 including:

For the whole of 2022 the Worship Minister and Youth Worker roles were both vacant leading to lower than expected salary costs in this fund so the PCC has agreed that £15,000 of the year-end balance is earmarked for the planned car park repair project.

A new restricted fund was opened for the special donations from St Luke’s Hall Trust for the Entrance Improvement Project, and although this showed a negative position at year end, this was in the knowledge of a transfer that came in after the year end.

Lent, Harvest and Christmas Appeals continued and were generously supported, as was the Christmas Fair raising charity funds. And we made it a priority to continue to tithe 10% of regular giving to our Mission Partners. Together these led to the church giving over £36,000 in missionary and charitable giving to other organisations, nearly back to pre-pandemic levels.

Overall expenditure during 2022 was £293,031, 15% up from the previous year, mainly due to essential spend of £22,000 on the cottage (so the Premises manager could move in) and 26 Drayton Gardens (so the Curate could move in).

The freehold house in Drayton Gardens was rented until May then occupied by our Curate and her family – the rental costs covered almost all the cost of work needed on the house.

We continue to pay off the loan raised for our buildings project in 2018, leaving just £4,000 to be repaid over the next year, plus a loan from a congregation member of £5,000.

Overall we report a net surplus for the year, across all accounts, of £27,137 (£27,486 unrestricted surplus and £348 deficit on restricted). Income has bounced back after the falls in 2020 and 2021 (due to the pandemic) and with well managed expenditure resulted in a surplus that will enable us once again to start ‘saving’ for essential building work ahead – a real blessing.

After adding reserves brought forward at the beginning of the year, the balances carried forward at 31[st] December totalled £279,660 (£228,438 Unrestricted and £51,222 Restricted).

The PCC reports that we continue to operate as an ongoing concern:

Reserves policy

The PCC aims to maintain a balance on free reserves of around two months’ worth of average unrestricted expenditure, which is currently equivalent to £36,300 and with our general reserve at £133,662, (of which £84,329 is not designated for specific future spend) we are in excess of this. Appropriate reserves will continue to be set aside in anticipation of future spending on the Church buildings, through the Maintenance Reserve.

PCC of St Stephen’s Ealing Charity Number 1133772

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Conclusion

2022 started with ongoing concerns about the Covid Omicron variant but ended on a much more optimistic note with services back to normal and our usual range of Christmas services and events. Both during periods of restrictions and when there was much more freedom we saw God at work as people came to faith, lives were changed and touched by God’s love. Our aim is that in 2023 we will see new opportunities to share the good news of Jesus with our community and to enable our Vision Statement to be enacted as fully as possible.

Steve Newbold Incumbent and Chair Sep 2023

PCC of St Stephen’s Ealing Charity Number 1133772

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Parochial Church Council of St. Stephen, Castle Hill, Ealing

ACCOUNTS FOR THE YEAR 2022

----- Start of picture text -----
Page No. CONTENT
1 Statement of Financial Activities for the year 2022
This shows a summary of the year's income and expenditure.
2 Balance Sheet at 31 December 2022
This shows the assets and liabilities at the end of the year
and the position of funds, both restricted and unrestricted.
Notes to the Accounts
3 Note 1 - Accounting Policies
4 Note 2 - Income and Endowments
5 Note 3 - Expenditure on Charitable Activities
6 Note 3 - Expenditure on Charitable Activities
7 Further Notes and Balance Sheet Analyses
8 Further Notes and Balance Sheet Analyses
9 Independent Examiner's Report to the PCC
----- End of picture text -----

St Stephen's Ealing PCC Registered Charity No. 1133772

Parochial Church Council of St. Stephen, Castle Hill, Ealing

Accounts Page 1 of 8

STATEMENT OF FINANCIAL ACTIVITIES For the year ended 31 December 2022

----- Start of picture text -----
Unrestricted Restricted Endowment TOTAL FUNDS
Note Funds Funds Funds 2022 2021
£ £ £ £ £
INCOME AND ENDOWMENTS FROM
Donations & legacies 2a 204,585 67,669 - 272,254 241,347
Other trading activities 2b 34,089 4,235 - 38,324 25,861
Income from investments 2c 5,099 - - 5,099 4,467
Income from church activities 2d 4,491 - - 4,491 15,682
-
TOTAL INCOME AND ENDOWMENTS 248,265 71,904 - 320,169 287,357
RESOURCES EXPENDED
Missionary & Charitable Giving 3a 18,720 17,461 - 36,181 35,321
The Work of the Church 3b 112,409 2,103 - 114,512 113,019
Church Management & Adminstration 3c 86,650 55,688 - 142,339 106,497
TOTAL RESOURCES EXPENDED 217,779 75,252 - 293,031 254,837
NET INCOMING/EXPENDITURE 30,486 (3,348) - 27,138 32,521
NET TRANSFERS - 3,000 3,000 - -
NET MOVEMENT IN FUNDS 27,486 (348) - 27,137 32,521
BALANCES BROUGHT FORWARD
AT 1 JANUARY 2022 106,175 51,570 94,777 252,522 220,001
BALANCES CARRIED FORWARD
AT 31 DECEMBER 2022 133,661 51,222 94,777 279,660 252,522
----- End of picture text -----

Notes on pages 3 to 8 form part of these accounts

St Stephen's Ealing PCC Registered Charity No. 1133772

Parochial Church Council of St. Stephen, Castle Hill, Ealing

Accounts

Page 2 of 8

For the year ended 31 December 2022

For the year ended 31 December 2022 Page 2 of 8
Note
FIXED ASSETS
26 Drayton Gardens
1
Missional Housing Bond
1
CURRENT ASSETS
Debtors & prepaid expenses
5
CBF Deposit Fund
Bank balances
6
LIABILITIES (less than one Year)
Amounts falling due within one year
Diocesan Interest Free Loan
Diocesan Interest Bearing Loan
Congregation Loan
Creditors & accrued expenses
7
NET CURRENT ASSETS
LIABILITIES (over one Year)
Diocesan Interest Free Loan
TOTAL NET ASSETS
FUNDS
Unrestricted Funds
8
General Fund
Designated Funds:
Mission Fund
Maintenance Reserve Fund
Cottage Maintenance Fund
Special Purposes Fund
Support to People In Need
26 Drayton Gardens
Restricted Funds
9
TOTAL FUNDS		 2,022
£
94,777
5,000
99,777
25,598
5,271
166,372
197,240
4,000
0
5,000
8,357
17,357
179,883
0
279,660
84,329
4,576
17,714
0
27,043
0
133,662
94,777
228,438
51,222
279,660		 2021
£
94,777
5,000
99,776.93
26,751
5,203
135,848
167,801.31
4,000
-
5,000
2,056
11,056
156,745
4,000
252,522
56,411
1,336
21,291
95
27,043
-
106,175
94,777
200,952
51,570
252,522

Notes on pages 3 to 8 form part of these accounts

Approved by the Parochial Church Council on 25 September 2023 and signed on its behalf by:

The Rev Stephen Newbold Vicar

Ann Toley Mary-Ann Auckland Churchwarden Churchwarden

St Stephen's Ealing PCC Registered Charity No. 1133772

Parochial Church Council of St. Stephen, Castle Hill, Ealing

Accounts Page 3 of 8

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 31 December 2022

The principal accounting policies adopted, judgements and key sources of estimation uncertainty in the preparation of the financial statements are as follows:

Basis of preparation

The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015) - (Charities SORP (FRS 102)) as amended by Update Bulletin 1, the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011 and UK Generally Accepted Practice as it applies from 1 January 2015.

The accounts (financial statements) have been prepared to give a ‘true and fair’ view and have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a ‘true and fair view’. This departure has involved following Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014 rather than the Accounting and Reporting by Charities: Statement of Recommended Practice effective from 1 April 2005 which has since been withdrawn.

St Stephens meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(s).

Going concern

The leadership team have considered the resources available and current plans. St Stephens is well placed to meet these activities and have adequate resources for the foreseeable future. Accordingly the PCC continues to adopt the going concern basis in the preparation of the financial statements.

Incoming Resources

Incoming resources are included in the Statement of Financial Activities (SOFA) when:

  1. the PCC becomes legally entitled to the benefit of use of the resources; 2. their ultimate receipt is virtually certain; and 3. the monetary value can be measured with sufficient reliability. Funds raised by the Fair and similar events are reported gross.

Grants, donations and legacies are included in the SOFA when any pre-conditions preventing their use by the PCC have been met. For collections and planned giving this is when the funds are received.

Gift Aid and other tax claims are included in the SOFA at the same time as the cash donations to which they relate. Rental income from the letting of church premises is recognised when the rental is due. Investment income is accounted for when receivable. The value of any voluntary help is not included in the accounts but is described in the annual report.

Expenditure and Liabilities Liabilities are recognised as soon as the legal or constructive obligation arises.

Grants and donations are recognised when a commitment has been made externally and there are no pre-conditions still to be met for entitlement to the grant which remain within the control of the PCC. The costs of clergy (Vicar and Curate) are accounted for in the payments made to the London Diocese Fund (£96,000 in 2022). The London Diocese is responsible for paying the stipend and housing costs of both individuals, as is standard practise on the Church of England. Fixed Assets

Consecrated and benefice property of any kind is excluded from the financial statements by Sections 10(2) (a) and (c) of the Charities Act 2011. All expenditure on such property, whether improvement or maintenance, is written off in the year it is incurred. The buildings are insured for £1,725,000 and contents for £175,000. Such buildings include the Church, Church Centre and Church Cottage.

The movable church furnishings are capitalised at cost and depreciated over their useful economic life other than where insufficient cost information is available. In this case the item is not capitalised, but all items are included in the Church's inventory in any case.

No value is placed on any movable church furnishings that cannot be disposed of without a faculty, and which are regarded as "inalienable" property held on special trust on behalf of the PCC, and forming part of the consecrated property excluded from the financial statements by the Charities Act 2011.

Other tangible fixed assets are capitalised if they can be used for more than one year and cost at least £5,000. They are otherwise written off in the year of acquisition. The house at 26 Drayton Gardens, is usually occupied by a curate (but is on a short-term let), is a freehold property valued at its purchase price in 1992. It is not depreciated as its estimated residual value is not less than its carrying value and it has an expected useful life in excess of 50 years, so any depreciation charge would be immaterial. It is maintained in good order and is insured for a rebuilding cost of £232,066.

During 2019, the PCC agreed to rollover a sum of £5000 for a further 3 years with the Missional Housing Bond Fund. The issue is unsecured but believed to be relatively low risk given the nature of the underlying assets (London housing stock). The Bond is operated by Affordable Christian Housing, (“ACH”) a Christian housing association with over 20 years’ experience in providing affordable housing to key Christian workers. It is registered with the Financial Conduct Authority and has charitable status. ACH followed FCA guidance in determining how to issue the bond. As an Industrial and Provident Society, ACH did not require FCA approval to issue the Bond.

Funds

Unrestricted funds represent the remaining income funds of the PCC that are available for spending on the general purposes of the PCC, including amounts designated by the PCC for fixed assets for its own use, or for spending on a future project and which are therefore not included in its "free reserves" as disclosed in the Annual Report. Restricted funds are income funds that must be spent on restricted purposes and details of the funds held and restrictions provided are shown in the notes to the accounts.

Charitable Giving The PCC has a long standing policy of allocating 10% of regular income (stewardship, tax refunds, cash collections and gift aid donations in church), for giving to charity. See Note 11 for further details.

Trustees and related party Remenuration & Expenses

No remenuration or other benefis from employment with the charity or a related entity were received by the Trustees. Caroline Newbold, wife of Steve Newbold (the Vicar and Chair of the PCC) was employed directly by the PCC for the year, as the salaried Associate Vicar, in the absence of a Youth Worker. There have been no other related party transactions in the reporting period. Normal expenses incurred on church activities were reimbursed to clergy, trustees and church workers.

St Stephen's Ealing PCC Registered Charity No. 1133772

Parochial Church Council of St. Stephen, Castle Hill, Ealing Accounts Page 4 of 8

NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 December 2022

----- Start of picture text -----
Unrestricted Restricted TOTAL FUNDS
Funds Funds 2022 2021
£ £ £ £
2
2a Donations and legacies
-
Stewardship 162,820 162,820 139,085
Gift Aid Donations 1,070 - 1,070 6,900
-
Tax Refunds on Giving (Note 4) 36,020 36,020 31,339
Cash Collections 493 - 493 192
Sub-total (Note 11) 200,403 - 200,403 177,516
Mission Collections - 6,173 6,173 9,069
Legacies, Donations 4,183 21,496 25,679 13,762
- - - -
Community Fete Grants/Donations
St. Lukes Fund 40,000 40,000 41,000
204,585 67,669 272,254 241,347
2b Other Trading Activities
Christmas Bazaar/Craft Fair - 4,235 4,235 3,663
-
Hall Lettings 34,089 34,089 22,171
Photocopier - - - 28
34,089 4,235 38,324 25,861
2c Income from Investments
Rent from 26DG 5,000 - 5,000 4,460
CBF interest 68 - 68 3
Housing Bond and Bank Interest 31 - 31 4
-
5,099 5,099 4,467
2d Income from Church Activities
Traidcraft Stall 1,422 - 1,422 920
Bookstall & Magazine Sales - - - 491
Social Events, Courses & Other Activities 753 - 753 374
Youth Activities - - - -
Shining Stars 719 - 719 165
- - - -
Bishop's Discretionary
Banns, Funeral Fees, Verger Fees 1,522 - 1,522 789
HMRC Grant - - - 3,418
- - -
HMRC Maternity Pay (i) 3,858
Rebates and one-off 75 - 75 5,668
-
4,491 4,491 15,682
TOTAL INCOME AND ENDOWMENTS 248,265 71,904 320,169 287,357
----- End of picture text -----

St Stephen's Ealing PCC Registered Charity No. 1133772

Parochial Church Council of St. Stephen, Castle Hill, Ealing

Accounts Page 5 of 8

NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 December 2022

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Unrestricted Restricted TOTAL FUNDS
Funds Funds 2022 2021
£ £ £ £
EXPENDITURE ON CHARITABLE ACTIVITIES
3a Missionary and Charitable Giving
Amos Trust 2,800 - 2,800 2,800
Christian Solidarity Worldwide 2,800 - 2,800 2,800
Church Army 2,800 - 2,800 2,800
Ealing Soup Kitchen 2,800 - 2,800 2,800
Ealing Christians Against Poverty 2,800 - 2,800 2,800
LAMB Health Foundation 2,800 - 2,800 2,800
Tearfund 867 837 1,704 1,028
Ealing Churches Winter Night Shelter - 837 837 1,028
Lent Project - 1,713 1,713 4,012
- - - -
Bible Society
Christian Aid 353 136 489 353
The Grove Missional Community - 11,405 11,405 7,500
Ealing Foodbank 553 2,367 2,920 4,257
Support to People in Need 147 - 147 180
A Rocha - - - -
MacMillan Cancer Support - 166 166 163
18,720 17,461 36,181 35,321
3b The Work of the Church
Diocesan Fund 96,000 - 96,000 96,077
Vicar's Expenses 1,101 - 1,101 1,220
Outside Speakers 105 - 105 -
Curate's Expenses 134 - 134 644
Associate Vicar's Expenses 101 338 439 101
Training / Staff Training/Retreat 567 - 567 1,007
Children and Youth 1,008 - 1,008 938
Music & Copyright Licensing 3,748 - 3,748 3,103
Outreach 861 - 861 663
Outreach - Children Categories 806 - 806 376
Publicity 825 - 825 615
Bookstall - - - -
Traidcraft Stall 1,360 - 1,360 2,070
Social Events 1,295 - 1,295 -
- - - -
Community Fete Costs
Christmas Bazaar Cost of Raising Funds) 241 330 330 158
Refreshments 508 - 508 466
Gifts 1,427 - 1,427 1,850
Flowers 428 47 476 82
Communion & Worship Costs 781 - 781 144
Diocesan Fees 1,044 - 1,044 535
- - - -
Verger Fees
Bishop's Discretionary Fund - - - 50
Worship Minister Expenses - 950 950 208
Youth Worker Expenses - 200 200 -
Ministry Assistant Expenses - 238 238 -
Families & Children's Worker 68 - 68 -
HMRC General - - - 2,170
26DG Deposit (repayment) - - - 541
112,409 2,103 114,512 113,019
CARRIED FWD TO NEXT PAGE 131,129 19,564 150,693 148,339
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St Stephen's Ealing PCC Registered Charity No. 1133772

Accounts Page 6 of 8

Parochial Church Council of St. Stephen, Castle Hill, Ealing

NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 December 2022

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Unrestricted Restricted TOTAL FUNDS
Funds Funds 2022 2021
£ £ £ £
BROUGHT FORWARD FROM LAST PAGE 131,129 19,564 150,693 148,339
3c Church Management and administration
-
Printing, stationery & Postage 1,784 1,784 1,789
Salary Costs 24,725 22,992 47,717 47,733
-
Computing & Website Costs 1,975 1,975 2,936
Payroll & Accounting Software Fees 640 - 640 707
Subscriptions, Licences, Fees 980 - 980 350
- - -
Streaming 8,864
- - - -
PCC/Leadership
Independent Examiner Fee 360 - 360 360
Television Licence 164 - 164 163
30,628 22,992 53,620 62,902
-
Centre Running Costs 10,631 10,631 9,481
-
Water, Light and Heat 9,692 9,692 9,187
Telephone 633 - 633 627
Insurance 3,434 - 3,434 3,304
Council Tax 2,112 - 2,112 2,224
Gratuties - - - 90
-
Cleaning 5,149 5,149 5,384
-
31,650 31,650 30,297
Maintenance Costs 2,088 10,000 12,088 7,459
- -
Maintenance Costs (Project) 22,696 22,696
-
Cottage Works 16,823 16,823
-
26 Drayton Gardens 5,461 5,461 5,839
24,372 32,696 57,068 13,298
Church Management & Administration 86,650 55,688 142,339 106,497
217,779 75,252 293,031 254,837
TOTAL RESOURCES EXPENDED 217,779 75,252 293,031 254,837
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St Stephen's Ealing PCC Registered Charity No. 1133772

Parochial Church Council of St. Stephen, Castle Hill, Ealing

Accounts Page 7 of 8

NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 December 2022

4 Gift Aid Recovered

In addition to the tax reclaims disclosed in note 2a, relating to planned giving, other voluntary donations include tax reclaims in their totals:

Tax reclaims on planned giving
(2a)
Tax reclaims on other voluntary donations
5
Debtors & prepaid expenses
Prepaid expenses - Insurance
Tax refunds due on gift aid donations
Sundry debtors
6
Bank balances
Current account
Stewardship account
7
Creditors and accrued expenses
Charitable payment accruals
Sundry year-end expense accruals
8
Brought
Forward
£
Designated Funds
Mission Fund
1,336
Maintenance Reserve Fund
21,291
Cottage Maintenance Fund
95
Special Projects Fund
27,043
Support to People in Need
-
49,765
26 Drayton Gardens
94,777
General Fund
56,411
Total Unrestricted Funds
200,952
Unrestricted Funds		 2022
2022
2022
2021
£
£
£
£
Unrestricted
Restricted
Total
Total
36,020
-
36,020
31,339
-
-
-
-
36,020
-
36,020
31,339
2022
2021
£
£
3,434
3,304
17,711
-
4,453
23,446
25,598
26,751
2022
2021
£
£
166,367
135,843
5
5
166,372
135,848
2022
2021
£
£
8,357
2,056
-
-
8,357
2,056
Additions
Transfers
Amounts
Carried
Income
Used
Forward
£
£
£
£
-
20,040
(16,800)
4,576
-
15,000
(18,577)
17,714
-
-
(95)
0
-
-
-
27,043
-
-
-
0
-
35,040
(35,472)
49,333
-
-
-
94,777
248,265
(38,040)
(182,307)
84,329
248,265
(3,000)
(217,779)
228,438

The Mission Fund represents planned giving designated for charitable donations (see Notes 1 and 11).

During 2022, in line with the stated aim of the PCC to allocate 10% of charitable giving to tithe, £20,040 was transferred into the Fund.

The Maintenance Reserve Fund represents funds designated for spending on long term maintenance and improvement of the church buildings.

The Cottage Maintenance Reserve Fund represents funds designated for spending on improvements to the Church Cottage.

The Special Projects Fund represents excess General Funds designated for future projects.

The Support to People in Need fund represents funds designated for assisting individuals in need of financial support towards specific expenses.

St Stephen's Ealing PCC Registered Charity No. 1133772

Accounts Page 8 of 8

Parochial Church Council of St. Stephen, Castle Hill, Ealing

NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 December 2022

9 Restricted Funds

Mission Fund
Flower Fund
St. Luke's Fund
Maintenance Fund (MRF)
St Luke's Project Fund (SLPR)
Total Restricted Funds		 Brought
Additions
Transfers
Amounts
Carried
Forward
Income
Used
Forward
£
£
£
£
£
-
10,408
-
(10,291)
£117
47
-
-
(47)
£0
41,523
40,000
3,000
(32,217)
£52,305
10,000
-
-
(10,000)
£0
-
21,496
-
(22,696)
-£1,200
51,570
71,904
3,000
(75,252)
£51,222

The Mission Fund represents donations for missionary and charitable giving as disclosed in Note 3a. The Flower Fund represents donations towards expenditure on church flowers throughout the year. St. Luke's Fund reprsents a set donation from the St. Luke's Trust.

St. Luke's Project Fund reprsents a set donation from the St. Luke's Trust for a specific project and is segregated from the main St. Luke's Fund. Maintenance Fund: A special donation of £10,000 was made during the year with a specific request that it is restricted for the purpose of work on the main church building. This new restricted Fund was set up as a result of the instruction.

10 Analysis of Net Assets By Fund

Fixed Assets:
26 Drayton Gardens
Missional Housing Bond
Net Current Assets
Total Net Assets		 Unrestricted
Restricted
Total 2022
Total 2021
£
£
£
£
94,777
-
94,777
94,777
5,000
-
5,000
5,000
179,883
51,222
231,105
208,315
279,660
51,222
330,882
308,092

11 Payments to Mission Partners from Tithe

Per Note 1, the PCC has a long standing policy of allocating 10% of regular giving to charity. During 2022, charitable payments were made to the following charities from regular giving:

Amos Trust
Ealing Soup Kitchen
Church Army
Ealing Christians Against Poverty
LAMB Health Foundation
Christian Solidarity Worldwide		 2022
2021
£
£
2,800
2,800
2,800
2,800
2,800
2,800
2,800
2,800
2,800
2,800
2,800
2,800
-
16,800
16,800

12 Related party relationships and transactions

During the year the following Trustees were also Trustees of related entities (see below for details):

Related organisation or party

Revd Steve 1 - ‘Ex-officio’ Chair of Trustees of St Luke’s Hall trust (charity number 1069790) Newbold 2 - ‘Ex-officio’ Trustee of Gurnell Grove Community Trust (charity number 1174906)

3 - Revd Caroline Newbold (wife) was a part time paid employee, as Youth Pastor (whole year) and Associate Minster (first half of the year) of St Stephens Ealing. She continues as paid Youth Pastor, but has reverted to her previous unpaid role as non-stipendiary minister

Jane Maffett Trustee, and Treasurer of Gurnell Grove Community Trust (charity number 1174906)

Transactions - During the year the following either made payments to or were in receipt of payments from or St Stephen’s Ealing PCC:

St Luke’s Hall Trust (SLHT) : St Luke’s Trustees agreed the following grant payments to St Stephen’s Ealing PCC:

•£22,696 (nil in 2021) for the early stages of a project for improving the Entrance of the Church Buildings

Both are routed through separate Restricted funds.

(The history here is that St Luke’s in the early 20th century was a church plant from St Stephen’s on the edge of the parish. After that church closed, a Trust was set up for its church hall, which was still in place, to be used mainly for community activities, then set up with the Charity Commission in the 80s. When that building was sold in 2015, the proceeds were invested by the Trust, and the trustees have been making annual donations of circa £40k to the PCC. The Trust is written for the benefit of the geographic parish, and here is an extract from their 2020 accounts:

The objects of the Trust are to use the permanent endowment assets of the Trust for the religious and other charitable purposes of the Church of England in the Ecclesiastical Parish of St. Stephen, Ealing .)

In accordance with its constitution the Trustees of SLHT are appointed by the PCC of St Stephen’s Ealing.

Gurnell Grove Community Trust (GGCT) : grant payments totalling £7.500 were made by the PCC to GGCT (2021 £7,500) for the work of The Grove Community. In addition GGCT was the chosen beneficiary of the 2022 Christmas Fair and received £3,905 (2021 nil)

(The Grove Community was a church plant initially from St Paul’s Ealing with the support of St Stephen’s Ealing, then run independently under its own charity from October 2016 - St Stephens’s has been making donations from the start. The annual donation is just one of many from churches and individuals and in 2021 was just 11% of that charity’s income). There are 4 trustees, with the vicar ‘ex-officio’ and currently 1 other from St Stephen’s – the other 2 have no links to St Stephen’s and the PCC has no power over the appointment of Trustees.)

St Stephen's Ealing PCC Registered Charity No. 1133772

Independent examiner's report on the accounts

Section A Independent Examiner’s Report

Report to the trustees Char Parochial Church Council of St. Stephen, Castle Hill, Ealing ity Name On accounts for the year 31 December 2022 Charity no ended (if any) Set out on pages 1-8 (remember to include the page numbers of additional sheets) I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31 December 2022. Responsibilities and As the charity's trustees, you are responsible for the preparation of the basis of report accounts in accordance with the requirements of the Charities Act 2011 (“the Act”). I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent The charity’s gross income exceeded £250,000 and I am qualified to examiner's statement undertake the examination by being a qualified member of the Institute of Chartered Accountants in England and Wales .

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination (other than that disclosed below *) which gives me cause to believe that in, any material respect:

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.

Signed: Date: 19 September 2023 Name: Valerie Steward

1

Oct 2018

IER

Relevant professional BSc BFP FCA FCCA FRSA qualification(s) or body (if any):

Address: Greenfield Farm 23 West Street Hibaldstow DN20 9NY

Section B Disclosure

Only complete if the examiner needs to highlight material matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).

Give here brief details of None any items that the examiner wishes to disclose .

2

Oct 2018

IER