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|Ex Officio|Members|Members|||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||Incumbent||||and chairman||Patnch Allerton|||||
|||Church|Wardens|||||Amooti Binaisa|(until 28th|May|2023)||
|||||||||William Josten|||||
|||||||||Rupinder
Kailey (from 28th||May 2023)|||
|Elected Members|||||||||||||
|||Katharine||||Dryer||Alvin
Ng||Alexandra||Rogers|
|||Christopher||||East||Matthew O'Regan||Andrew Simmons|||
|||Kevin Edwards||||||Bernhard
Ramseyer|||||
|The following||individuals||||were elected as members
of the PCC in 2023|||||||
|||Thomas|||Pepper-Charles|||Betty Campbell|||||
|||Sophia|Larkum|||||Michelle Brissett|||||
|The following||individuals||||rewgned as members
of the PCC in 2023|||||||
|||Andrew||Colvin||||Camille Gauntlett|||||
|||Sandra|Crane|||||Jennifer Josten|||||
|Custodian|Trustees|||||||The London Diocesan Fund|||||
|Charity Registration|||||Number|||1133807|||||
|Principal|Address|||||||59a Portobello|Road||||
|||||||||London|||||
|||||||||W11 3DB|||||
|Independent||Examiner||||||Sarah Crispin ACA|||||
|||||||||Stewardship|||||
|||||||||1 Lamb's Passage|||||
|||||||||London|||||
|||||||||EC1Y8AB|||||
|Bankers||||||||Unity Trust Bank pic|||||
|||||||||Four Brindleyplace|||||
|||||||||Birmingham|||||
|||||||||81 2JB|||||
|Contents||||||||||Page|||
|Charity
Information|||||||||||2||
|Annual
Report ofthe Members|||||||ofthe Parochial
Church||Council||3-5||
|Independent||Examiner's||||Report|||||6||
|Statement|of|Fmanoal|||Activities||||||7||
|Balance Sheet|||||||||||8||
|Notes to the Accounts|||||||||||9-18||
|Detailed Statement|||of||Financial||Activities|with Comparatives|||19||
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||||||Total|Total|
|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|Funds|Funds|
||||Funds|Funds|2023|2022|
|||Note|||||
|INCOME AND ENDOWMENTS|FROM:||||||
|Donations
and legacies||3|232,317|1,319|233,636|339,798|
|Charitable
activities||4|76,720||76,720|55,994|
|Other trading
activities||5|33,232||33,232|33,500|
|Total income and endowments|||342,269|1,319|343,587|429,292|
|EXPENDITURE ON:|||||||
|Charitable
activities||6|333,144|22,582|355,725|288,112|
|Total expenditure|||333,144|22,582|355,725|288,112|
|Net gains/(losses)
on investments|||||||
|Net income/(expenditure)|||9,125|(21,263)|(12,138)|141,180|
|Transfers between
funds||15|||||
||||9,125|(21,263)|(12,138)|141,180|
|Net movement
in funds|||9,125|(21,263)|(12,138)|141,180|
|Reconciliation
offunds:|||||||
|Total funds brought
forward|||267,419|31,357|298,776|157,596|
|Total funds carried forward||15|276,543|10,094|286,637|298,776|
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||||||Total|Total|
|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|Funds|Funds|
|||Note|Funds
f|Fundsf|2023|2022f|
|FIXEDASSETS|||||||
|Tangible assets||8|124,106||124,106|159,521|
||||124,106||124,106|159,521|
|CURRENT ASSETS|||||||
|Debtors||9|12,611||12,611|20,094|
|Cash at bank and in hand||10|248,051|10,094|258,145|168,376|
||||260,663|10,094|270,757|188,470|
|CREDITORS: Amounts|falling||||||
|due within one year||11|(108,225)||(108,225)|(49,215)|
|Net current assets I(liabilities)|||152,438|10,094|162,532|139,255|
|Total assets less current liabilities|||276,543|10,094|286,637|298,776|
|CREDITORS: Amounts|falling due||||||
|after more than one year|||||||
|TOTAL NET ASSETS|||276,543|10,094|286,637|298,776|
|FUND BALANCES||15|||||
|Unrestricted
Funds|||||||
|General funds|||131,678||131,678|97,597|
|Designated
funds|||144,866||144,866|169,822|
||||276,543||276,543|267,419|
|Restricted
Funds||||10,094|10,094|31,357|
||||276,543|10,094|286,637|298,776|
**==> picture [75 x 9] intentionally omitted <==**
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**==> picture [464 x 243] intentionally omitted <==**
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**==> picture [186 x 113] intentionally omitted <==**
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|6|Charitable
expenditure||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
||||||||Unrestncted|Restncted|2023|2022|
||||||||6|6|6|6|
|a|Costs Incurred
directly|on||specific activities|||||||
||Ministry expenses||||||||||
||Parish share||||||87,775||87,775|85,200|
||Ministry
staff costs||||||29,469||29,469|23,904|
||Clergy expenses||||||702||702|530|
||Church services and activities||||||33,222||33,222|21,741|
||Mission
Giving and|Donations||||(note 6c)|19,350||19,350|25,023|
||||||||170,517||170,517|156,397|
||Property expenses:||||||||||
||Operational
costs for church||||||39,392||39,392|30,414|
||Major repairs and renewals||||to|church||22,582|22,582||
||Donations
in kind expensed||||(note 3a)||13,500||13,500|13,500|
||Property
staff costs||||||20,676||20,676|20,446|
||Operational
costs ofclergy||||accommodation||357||357|318|
||||||||73,925|22,582|96,506|64,678|
||||||||244 442|22 582|267 023|221 075|
|b|Costs incurred
on support|||&administration|||||||
||Governance
costs||||||||||
||independent
examiner's||fee||||2,340||2,340|2,640|
||||||||2,340||2,340|2,640|
||Support staff costs||||||37,266||37,266|35,491|
||Staff training,
development||and recruilment||||581||581|504|
||Pnnting,
postage and stationery||||||1,353||1,353|1,607|
||Bank charges and fundraising|||cost|||744||744|1,228|
||Professional fees||||||412||412|350|
||Licences and Subscriptions||||||2,438||2,438|1,991|
||Depremation
oftangible|fixed||assets|||35,415||35,415|15,309|
||Insurance||||||8 153||8 153|7917|
||||||||88,702||88,702|67,036|
||Total expenditure||||||333,144|22,582|355,725|288,112|
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|Mission Giving an|d D|on|atio|ns||||||
|---|---|---|---|---|---|---|---|---|---|
||||||||Institutions
6|Individualsf|2023|
|Grants for UK and|overseas|||mission|||8,350|11,000|19,350|
||||||||8,350|11,000|19,350|
|The comparatives|for the||previous year are as follows:|||||||
||||||||Institutions
6|Individualsf|2022
6|
|Grants for UK and|overseas|||mission|||15,523|9,500|25,023|
||||||||15,523|9,500|25,023|
|The charity's
principal||grants||to institutions|comprised:|||||
|||||||||2023|2022|
|||||||||6||
|British Red Cross|||||||||1,000|
|Diocese ofLondon||||||||1,500|5,760|
|Glass Door|||||||||1,494|
|Help the Persecuted||||||||3,750||
|Kensington
&|Chelsea Foodbank||||||||3,485|
|Open Doors|||||||||3,485|
|Tearfund||||||||3,000||
|Grants to institutions|||for less than F1,000 each|||||100|298|
|||||||||8,350|15,523|
|Analysis
ofstaff costs,|||the|cost of key management||personnel|and trustee remuneration|||
|||||||||2023|2022|
|||||||||6|6|
|Gross wages|and|salaries||||||91,029|82,567|
|Social security||||||||1,257|1,881|
|Pension costs||||||||2,240|2,470|
|||||||||94,526|86,918|
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|Tangible fixed asset|s|||
|---|---|---|---|
|||Fixtures,||
|||fittmgs and|Total|
|||equipmentf|2023
f|
|Cost||||
|At 1 January 2023||177,077|177,077|
|Additions||||
|At 31 December|2023|177,077|177,077|
|Accumulated
depreciation||||
|At 1 January 2023||17,556|17,556|
|Charrle for the Veer||35,415|35,415|
|At 31 December|2023|52,971|52,971|
|Net book value||||
|At 31 December|2023|124,106|124,106|
|At 31 December|2022|159,521|159,521|
|Debtors||||
|||2023f|2022f|
|Falling due within one year:||||
|Trade debtors||351|1,106|
|Tax recoverable||787|1,030|
|Other debtors||180|347|
|Prepayments
and accrued income||11,293|17,611|
|||12,611|20,094|
|Cash at Bank and in|Hand|||
|||2023f|2022f|
|Cash at bank with immediate access||257,282|168,029|
|Cash (in hand)||864|348|
|||258,145|168,376|
|Creditors: liabilities|falling due within one year|||
|||2023f|2022
f|
|Trade creditors||4,968|11,572|
|Other creditors||3,970|2,513|
|Accruals||89,249|11,229|
|Deferred income||10,038|14,531|
|Loans|||3,333|
|Retention
payable|||6038|
|||108,225|49,215|
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||||||||2023|2022|
|---|---|---|---|---|---|---|---|---|
||||||||F|8|
|Balance|at the beginning|ofthe reporting||period|||14,531|2,208|
|Amount|released to income||||||(14,531)|(2,208)|
|Amount|deferred
in year||||||10,038|14,531|
|Balance|at the end ofthe reporting||period||||10,038|14,531|
|The income deferred at the period|||end will be released||to mcome over the following|penods:|||
|Within one year|||||||10,038|14,531|
|After one year|||||||||
||||||||10,038|14,531|
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|||||||Concessionary|loans|
|---|---|---|---|---|---|---|---|
|||||||2023|2022|
|||||||8|8|
|Repayable:||||||||
|Within one year|||||||3,333|
|Between one|and five years|||||||
||||||||3,333|
|The concessionary|loan was interest free and unsecured;|it was repaid|in annual|instalments|and was repaid|in full in February 2023.||
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|Funds||FOR T|HE YEAR ENDED 31DEC|EMBER2023||||
|---|---|---|---|---|---|---|---|
|During the year the|movements|in the charity's|funds were as follows:|||||
||||Opening|Incoming|Outgoing|Transfers|Closing|
||||balance|resources|resources|in the year|balance|
||||2023|2023|2023|2023|2023|
|Designated
Funds||||||||
|Redevelopment|fund||10,300||||10,300|
|Charitable
giving|fund|||||10,461|10,461|
|Fixed asset fund|||159,522||(35,415)||124,106|
||||169,822||(35,415)|10,461|144,866|
|General Unrestricted|Funds||97,597|342,269|(297,728)|(10,461)|131,677|
|Total Unrestncted
Funds|||267,419|342,269|(333,144)||276,543|
|Restricted Funds||||||||
|Facade Restoration|||6,357|1,319|(1,874)||5,802|
|Church Restoration|||25,000||(20,708)||4,292|
||||31,357|1,319|(22,582)||10,094|
|Aggregate
offunds|||298,776|343,587|(355,725)||286,637|
|||||Unrestricted|Funds|||
|---|---|---|---|---|---|---|---|
|||||General|Designated|Restricted||
|||||funds
f|funds
f|fundsf|2023f|
|Tangible fixed|assets||||124,106||124,106|
|Debtors||||12,611|||12,611|
|Cash at bank|and in hand|||227,291|20,760|10,094|258,145|
|Creditors falkng||due within one|year|(108,225)|||(108,225)|
|||||131,678|144,866|10,094|286,637|
|In the previous year the movements|||in the chanty's funds were as follows:|||||
||||Opening|Incoming|Outgoing|Transfers|Closing|
||||balance|resources|resources|in the year|balance|
||||2022|2022|2022|2022|2022|
||||f||E|f|E|
|Designated
Funds||||||||
|Redevelopment||fund|10,300||||10,300|
|Fixed asset fund|||65,158||(15,309)|109,673|159,522|
||||75,458||(15,309)|109,673|169,822|
|General Unrestricted||Funds|48,818|322,277|(272,803)|(695)|97,597|
|Total Unrestricted|Funds||124,216|322,211|(288,112)|108,978|267,419|
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|Fagade|Fagade|Restoration|6,357||||6,357|
|---|---|---|---|---|---|---|---|
|Chuiuh||Resloialiun||25,000|||25,000|
|Sound|and Visual||26,963|82,015||(108,978)||
||||33,320|107,015||(108,978)|31,357|
|Aggregate|offunds||157,596|429,292|(288,112)||298,776|
|The transfers||referred to above were made for the following|reasons|||||
##
|ysis
of net assets by fund
e previous year, the assets and liabikties ofthe various|funds were as follows:||||
|---|---|---|---|---|
||Unrestricted|Funds|||
||General|Designated|Restricted||
||funds|funds|funds|2022|
||6|f||6|
|Tangible fixed assets||159,522||159,521|
|Debtors|20,094|||20,094|
|Cash at bank and in hand|117,348|10,300|40,728|168,376|
|Creditors falling due within one year|(39,844)||(9,371)|(49,215)|
||97,597|169,822|31,357|298,776|
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