The Parochial Churth Counal of the Ecclesiastical Parish of St James
West Streatham 5outhwark
Charity No. 1133859
Annual Report and Accounts
Year Ended 31st December 2020

Inojmbent
Revd. Rolk Po￿￿11
Barclays Bank PIC
Wimbledon Business Certre
8Athndfa Road
blfirnbledon
Lonth)n SW19 7JZ
Independent Examiner.
Leroy Reid & Co
thartered and Certified knuntsnts
299 NOrth￿roUgh Road
Norbjry
London SWIS 4TR
The Church is k)cated atthetomer of
Mitcham lane Welham Road
streatham
London SW 16 6

Our Mission
At
SL Jame
All of Life for Christ
Empowering
ordinary people to Irve extraordinary INes
by
Enabling
people to come to know Jesus as Saviour
and
Equipping
people to live forJesus as Lord

Contents:
Page=
Trustees Report (Parochial Church Council)
Trustees responsibilities
Independent Examiners Report
Accounts
Statement of Financial Activities
Balance Sheet
Notes to the Accounts
Accounting Policies
Analysis of Income and Expenditure
9-10
Statement of Funds
li
Notes on Fixed Assets and Other Notes
12

Trustees Annual Report (Parochial Church Counal)
for the year ended 31st December 2020
The Trustees present their annual report and accounts for the year ended 31st December 2020.
The Parochial Church Council of the Ecclesiastical Parish of St James West Streatham Southwark is a
registered Charity No. 1133859
Objectives:
St. James. PCC has the responsibility of co-operating with the incumbent. in promoting in the
ecclesiastical parish the whole mission of the church. pastoral. evangelistic, social, and ecumenical. It
also has the maintenance responsibilities for the Church Hall complex located in Welham Road and
the Curatè's house at 171 Mitcham Lane. St￿atham.
Parochial Church Council Member5:
Trustees (Members of the PCC) are elected by the Annual Parochial Church Meeting IAPCMI in
accordance with the Church Representation Rules including co-opted and ex-officio members.
Ex Officio:
Revd. Rob Powell
Revd. Johan Allen
Marcia Gordon
John Talbot
Nick Burt
Elizabeth Gibbons
Glynis Wilkinson
Ailie Neill
Alan Burrows
Team Rector
Assistant Minister
Churchwarden
Churchwarden
Diocesan Synod 2018-2021
Deanery Synod 2020-2023
Deanery Synod 2020-2023
Deanery Synod 2021>2023
Deanery Synod 202(>2023
Chairman.
Electoral Roll Officer
Treasurer
Elected Members:
Adam Seymour-Davies
Peter Neill
Lisa Burrows
Millie Miller
Katherine Striesow
Noah Reddie
Stephanie Sulaiman
John Farebrother
Frances Christian
Jacqueline Gray
April 2018- April 2021
April 2018-April 2021
April 2018 - April 2021
April 2018 - April 2021
April 2019 - April 2022
April 2019 - April 2022
Oct 2020- April 2023
Oct 2020- April 2023
Oct 2020- April 2023
Oct 2020- April 2023
Secretary and Lay Chair
PCC Meetings:
The PCC held 4 meetings during the year. Due to Covid restrictions these meetings were held virtually
via zoom. The average attendance was 64.25% (previously 69.38%}-
Committees:
The PCC operates through several task groups, which have met between full meetings of the PCC. to
whom they are responsible and to whom they report.

Trustee IPCC fvlembers) Report for the year ending 31st December 2020 (continued)
Church Attendan￿.
The Church Electoral Roll records 171 (previously 180) persons as members of the Church, 122 of
whom are not resident within the parish.
As services were online through 2020. The average Sunday attendan￿ counted during October and
November wa5 not Possible to count {previously 85}.
Review of the year:
The various activity groups will highlight their artivities during the year by giving reports at the APCM.
The activities of the parish insofar as they impinge UFK)n the Ststement of Financial Activities have
been as follows=
l. The parish's contribution to the central fund of the Diocese of &)uthwark Ithe Parish Support
Fund) remains the principal item of expenditure at £78.417 for 20201£78,OCM> 20191 and has
been paid in full.
2. Voluntary contributions from members of the congregation remain the principal source of
income.
Income from donations for unrestricted purposes including claimed Gift Aid amounted to
£145,4401£150,901- 20191. An Advent Thanksgiving gift day was held with a commitment that
the first £3,[￿ of donation5 would be divided between three projects- CPAS, The Shepherd
Society and Romania Action Aid. Total donations received were £15.450 including associated
Gift Aid1£16.877- 20191-
The PCC continues to encourage the congregation to give to the Church in a regular and
committed way using one of the stewardship schemes. Tax efficient regular giving to the
General Fund amounted to £90.4901£94.854 - 20191 and with other Gift Aided donations,
£20,8791£20.880- 20191 was claimed in Gift Aid for unrestricted purposes.
Other donations of £12.2441£4.899- 20191 included restricted donations forvarious areas of
the Church's ministry and from the Governmenys Covid Furlough Scheme. The PCC'S
commttment to supporting all aspects of mission resulted in £37,2131£37,893 - 20191 being
Eranted to several causes including sUPPOrt for the Furzedown Youth Centre by the donation
of the £21,466 for rent and utility bills. A tithe on income from giving of £12,5121£12.161-
20191 was split equally between two Mission partners receNing a share with Furzedown Youth
Centre receiving 113, and "Crosslinks" receNing 213 in support of Alun and Debbie Burt's
ministry in South Africa.
Total income amounted to £214.7851£248.336- 2019} of which E4.080 was restricted1£5.553
20191. Total expenditure amounted to £233,677 (£239,564 - 20191 of which £20.525 was
expenditure on ￿$trItted iterns1£6.106- 20191.
The generosity of the people of St. James continues to be a source of both encouragement
and humility- It is encouraging that we have been able to welcome new faces into the
congregation. It is hoped that newcomers will soon become full and active members of our
Electoral Roll.
3. The churches of the Furzedown Team Ministry (St. James, St Alban'5 and St. Pauls) continue
to work closely together and with Mitcham Lane Baptist Church. sharing a vision of mission in
the community. especially in the area of ministry to young people both through Sunday groups
and through the work of the Furzedown Youth Centre.

4. The Church continues its commitment to children and young peoples. ministry. A full-time
Youth Outreach worker is jointly employed WTth our partner churches. Little Fishes continues
to be. for many, a first introduction to church life and is currently oversubscribed. Get Set and
Adventurers continue to engage with children of Primary school age during the week.
Due to tovid re5trirtion5 it wos not possible to hold our regular groups in a physical way.
However, we continued meetin9 our commitments via zoom andyoutuba
5. The Church continues its commitment to the Funedown Youth Centre and. in partnership,
work to improve the facilities of both the upper and lower halls continues to be the goal of
the Community Centre Management Committee. The Church views FYC as 3 major resource
for the young people in the surrounding community-
Due to covid restrittion5 it was notPOSsible to let the Church holl or centre.
6. During the year the Church continued to consider the use of tts buildings and possible
developments that might be undertaken to further the mission of the Church in the future. A
small working group under the BuildinE for the Kingdom Project has been working on
developing proposals and ha5 fed back to the PCC and church member5 for further input
during the year.
Flnancial Review
The parish's f5nancial position has seen a net income of -£18,892 which is down on 2019's net of
income of £8,771. This was largely due to the followirE=
Loss of revenue due to Covid restrictions not pemittting the hire of hall and centre.
Reserves Policy
The PCC considers that the Building Reserve of £25.CKIO is an appropriate sum to Set aside for
unforeseen repairs required to the Church building. However, it is committed to increasing this reserve
by a transfer of £5.000 from the General Fund each year when surplus funds are available.
The balance on the General Reserves at the end of the year was £81,458. an increase of £2.701 from
the start of the year. This higher than the agreed policy of holding reserves equal to three months,
unrestricted expenditure- circa £58.288 at December 2020. Meanwhile designated funds of £20,668
are also available and could be undesignated by the PCC if required.
Public Benefrt Statement
The PCC has conSide￿d the Charity Commission's guidance on publit benefit. They try to enable all
people to live out their faith as part of our parish community through worship and prayer; learning
about the Gospel- developing their knowledge and trust in Jesus- provision for pastoral care for people
living in the parish- serving those in need: and missionary and 0￿reach work.
Reporting Accountants
Messrs Leroy Reid & Co. Have indicated their willingness to serve a5 the examiners and a resolution
re-appointing them will be proposed at the annual general meeting.
Signed=
Qs
Revd. Rob Powell
Chair
Adam Seymour-Davies
Secretary
Date: 11- •(- 21
Date: 11- s_ L I

Statement of PCC Members, Responsibilities.
The law requires PCC members to prepare financial statements for each financial year which give a
true and fair view of the Parochial Church Council of St James, West Streatham financial activities
during the year and of its financial position at the end of the year.
In preparing financial statements we are required to=
l. Select suitable accounting policies and apply them consistently.
2. Make judgements and estimates that are reasonable and prudent.
3. State whether applicable accounting standards and statements of recornmended prartices have
been followed, subject to any departures disclosed and explained in the financial statements.
4. Prepare the financial statements on a going concern basis unless it Is inappropriate to presume
that the Parochial Church Council of St. James, will continue in operation.
The members are responsible for keeping accounting record5, for Safeguarding the assets of the
organisation and for taking reasonable steps for the prevention and detection of fraud and other
irregularities should they exist.
By order of the Board
Revd. Rob Powell
Chairman
Date.. l%_ o b-_

Independent Examiner's Report
To the PCC of SL James, West Streatham
We report on the accounts of the PCC for the year ended 31st December 2020. which are set out on
pages 6 to 12.
Respective responsibilities of trustees and examiner
As the charity's trustees you are responsible for the preparation of the accounts. You a150 consider
that the audit requirement of section 14412) of the Charities Act 2011 (the 2011 Act) does not apply
and that an independent examination is needed.
Having satisfied ourselves that the chartty is not subject to an audit and is eligible for independent
examination. it is our responsibility to:
examine the accounts under sertion 145 of the 2011 Act
to follow the procedures laid down in the general Directions given by the Charity
Commission under section 14515llbl of the 2011 Act- and
to state whether particular matters have come to ourattention.
Ba515 of Independent Examiner's report
Our examination was carried out in accordance with the General Dirertions grven by the Charity
Commissioners. An examination includes a review of the records kept by the charity and a comparison
of the accounts presented with those records. It also includes consideration of any unusual items or
disclosL¢res in the accounts. and seeking explanations from you as trustees conceming any such
matters. The procedures undertaken do not provide all the eviden￿ that would be required in an
audit. and consequently no opinion is given as to whether the accounts present a 'true and fair vie
and the report is limited to those matters set out in the statement below.
Independent Examinerfs statement
In connection with our examination. no matter has come to our attention=
111 which gives us reasonable cause to believe that in any material respert the requirements
. to keep accounting records in accordance with section 130 of the 2011 Act: and
to prepare accounts which accord with the accounting records and comply with the
accounting requirements of the 2011 Act and those contained in the Church Accounting
Regulations 1997
have not been met.
121 to which. in our opinion. attention should be drawn in order to enable a proper understanding of
the accounts to be reached.
Leroy Reid & Co.
Chartered Certified Accountants & Registered Auditors
299 Northborough Road.
Norbury,
London, SW16 4TR.
Date:

St. James West Streatham
Statement of Financial Activitie5
For the year ended 31 December 2020
Note Unrestricted Restricted
Endowment
Total
2019
Income and endowments from:
Donations and legaties
Charitable activities
Other trading activities
Investments
Other
Total
145.440
32,502
960
26,610
5,193
210.705
3.248
832
148,688
33,334
960
26,610
5.193
214.785
154.356
63,198
3,476
25,683
1.621
248.336
Expendlture on charltable actlvltles:
Church activities
Salarie5 and 5UPPOrt Costs
Management and admininstration
Mission giving and charitable donations
Total
129.436
45.313
4,424
33.978
213.151
17.291
146.727
45,313
4,424
37.213
233,677
154,694
42.941
4,034
37,893
239,564
io
3,235
20.526
Net incomèllexpÈnditurÈl
IU461
{16A461
118,8921
8771
Transfers between funds
19,1731
9.173
Net movement In funds
111.619
17273)
1180921
8.771
Reconciliatson of funds..
Total funds brought fotwaid
Total funds carried forward
113.721
102.106
10.682
3,411
IlJ),613
100.613
225.017
206.130
216,246
225.017

St. James West Streatham
Balance Sheet
As at 31 De￿mber 2020
2020
2019
Flxed assets
Curates House 171 Mitcham Lane
100.613
100.613
100,613
100,613
Current assets
Cash at bank and in hand
Investrnents
Sundry debtors
Prepayments
92,588
8,659
17.206
1.139
119.592
115,903
8,659
15,851
581
140.994
Liabilities
Accrual Independent Examination
Creditor HMRC PAYE & NI
Other sundry creditors and accruals
1.2LN)
1,2(K>
151
15,234
16,585
12,869
14.075
Net current assets
105.517
124A09
Net assets
206.130
225.017
Represerrted by.
Unrestricted funds
Designated funds
RÈstrirted funds
Endowment funds
li
12
13
14
81,438
20.668
3,411
IIKJ,613
206,130
78,737
34.988
10.684
100,613
225,017
Signed:
Revd. Robert Powell: Chairnian
Alan Burrows: Treasurer

st. James West Streatham
Note5 to the Finanaal Statements
Year ended 3tst De￿mber 2020
l. Accounting Poli(ies
al Basis of preparation of accounts
The financial statements have been prepared under Churth Accounting Regulations 2006 in accordance with the
Financial Reporting Standard applicable in the UK and Republic ol Ireland IFRS 1021. The Charity is a public
benefit entity for the purposes of FRS 102 and thèrefore the Charity has also prepared its financial statements
in accordance with the 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 mie FRS 102
Charities SORPI and the Charities Act 2011.
The trustees have assessed whetherthe use of the going concem basis is appropriateand have considered possible
events or conditions that might cast significant doubt on the ability of the charity to continue a$ 3 going concern.
The trustees have made this a$5e55ment for a perrod of at least one year from the date of approval of the financial
ststements. In particular the trustees have considered the charivs forecasts and projections and have tsken
account of pressures on donations and rental income. After making enquiries the trustees have conduded that
there is 3 reasonable expectation that the thartty has adequate re50urce5 to continue in operational existence for
the foreseeable future. The charity group therefore continues to adopt the going ¢oncern basis in preparing its
finantial statements
bl Fund Accounting
Unrestrictedfunds are available for use at the ￿￿(retion of the PCC in furtherance of the general objertives of
the church.
Restrictedfunds are Subjected to restrictions on their expenditure imposed by the donor or through the terms
of an appeal.
cl Income
All income is included in the statement of finanaal activities when there is entitlement to the income, the
receipt is probably and the amount can be measured reliably.
Legacies are recognised following probate and On￿ the￿ is Sufficient eviden￿ that receipt is probable and
the amount of the legaLy receivable can be measured reliability. Where entitlement to a legacy exit5 but there
is uncertainty as to its receipt or the amount re￿[vable, details are disc105ed as a Cchltingent asset until the
criteria for irtcome recognition are rnet.
dl Expenditure
Liabilities are recognised once the￿ Is a legal orconstnjctive obligation to transfer economic benefit to
a third party. it is probable that a transfer of economic benefits will be required in 5ettlernent and the
amount of the obligation can be rneasured reliably. All expenditure is accounted for on an accruals ba51S
and has been dassified under headinES that aggregate all costs related to the category.
Choritoble octivities comprise those costs incurred by the thurch in the delivery of its act¢vities and services for
its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an
indireci nature necessary to 5UPPOrt thern.
el Crttical accounting estimales and areas of judgement
In the view Df the trustee5 in applying the accounting policies adopted. no judgetnents were required that
have a Significant effect on the amounts recognised in the finanaal statements nor do any estimates or
assumptions made carry a significant risk of material 3dju5lment in the next financial year.

St. James Church. West Streatham
Notes to the Financial Statements
Year ended 31 December 2020
Analysis of income and expenditure
Un-
restricted
Totsl
2020
Un-
Restricted
Total
2019
Income and endowments from:
Donations and legaties
Regular tax efficient Èiving
other regular Eiving
offertory plate collections
Gift Day donations
OtheT grants and donations
Legacies
Gift Aid
90.493
5,326
4.294
12.450
11,998
90.493
5,326
4.294
15,450
12,246
94.854
8,849
7,971
13.877
4,469
94,879
8,849
7,971
16.877
4,899
3,000
430
20.879
145,440
20,879
148,688
20,880
0,901
20.880
154,356
3.248
3,455
Charitable activit5es
Wedding and funeral fees
Chlldren's Ministry receipts
Letting FYC
Letting other
Sundry activities r￿eipts
1.087
557
21,466
9332
60
32.502
1.087
557
21.466
9,332
892
3.533
3.266
21.939
31.848
593
61,179
3.533
3.266
21,939
31,848
2,612
63,198
832
832
2.018
2.018
33,334
Other trading activities
Fundraising events income
Trading income
Well coffee sales
564
396
960
388
3,087
3,476
388
3.087
3,476
396
Investments
Bank and investment interest
Rental income: 171 Mitcham Lane
210
26,4
26,610
210
26,4(KJ
26,610
363
25.319
25,683
363
25,319
25,683
othèr
Sundry income
Cost reimbursements
1.715
3.478
5,193
1.715
3.478
5,193
1.368
172
1.541
80
1,448
172
80
1,621
Total
210.705
214,785
242.782
5.553
248￿36

St. James Churth. West Streatham
Notes to the Finanaal Statements
Year ended 31 December 2020
Analysis of income and expenditure
Note
Restrirted
Total
2020
Un
Restricted
Total
2019
Expenditure on charitable
artivitie&
Church adivitie5
Parish Support Fund contribution
Activities and Catering
Ministry support
Upkeep of services
Church and H311 utilities
Church and H311 insurance
Church maintenance, repairs, equipment
Hall Maintenance and repairs
171 Mitcham Lane m3intÈnance &
refurbishment
Children's and Youth Ministry
Costs of sales (Biblè notes ètcl
Music, audio, video
Fees paid to Diocese
Farewell gifts
78,417
274
529
8,394
10.352
8.222
16,056
1.581
78.417
3.287
529
8.394
10.352
8,222
21.381
1.581
78,000
2.789
5,118
6,800
13,575
7,986
16,606
5.392
78,000
5.259
5,150
5,093
13.575
7,986
16,606
5,392
3.013
2,470
32
580
5,325
2.561
854
260
2.561
854
260
9,342
902
645
146.727
3.615
2,318
416
8.001
402
592
151,611
3,615
2,318
416
8,001
402
592
8,953
645
129,436
17,291
3.083
154,694
Salarles and support costs
Staff salaries and support costs
Employers National Insurance
45.313
45,313
42.941
42,941
45,313
45.313
42,941
42,941
Mana8ement and administration
Office consumables & admin. costs
Telephone and broadband
Staff advertising
Bank charges
Independent Examination costs
1,528
1.528
1,285
357
309
881
1,2(Ll
4.034
1,285
357
309
881
1,200
4.Q34
706
1.200
4.424
706
1,21X)
4.424
Mission & other charitable givin8
Mission agenties
FYC support
Tithe on regular giving
Other charitable giving
io
3,000
23
3,000
22,262
12,161.
470
37.893
21,466
12,512
235
21.701
12,512
22,239
12.161
470
34.870
33.978
3,235
37,213
3.023
Total
213.ISI
20.526
233.677
2a3A58
6.106
239,564
io

St. Jame5 Churth. West Streatham
Notes to the Finanual Statements
Year ended 31 December 2020
Statement of Funds
Fund
Note
Balance
01.￿.20
Intome
ExpendituTe
Transfers
Balancè
31.12.20
Unrestricted- General Fund
li
78,738
187.967
193.579
8312
81.438
Designated Fund
Building
Children's Ministry
Pastoral Care
Siblev
Audio & Video
Friendship Circle
Hall Trading
BB- Company Fund
Team
Kingsley Famity
Advent gift day
23,628
50
SS8
9.463
855
14214
297
603
8359
1.603
600
3.510
8.542
18.9531
63
9.191
5.050
649
165
629
629
9,478
19.4781
Designated funds total
34.987
21738
19,572
117,4851
20.668
Unrestricted & Designated
Funds total
its,n5
210.705
213.151
19.1731
102,106
Restritted Funds
Crosslinks A Burt
Hall Redevelopment
Church Redevelopment
Benevolent Fund
Gift Day Tithe
Prayer Facilitie5 Developrnerrt
Legacy
Youth Centre
Church Day120191
Sound
Syrian Familv
Restrided fvnds total
1.563
5.105
5,325
220
26
3.577
114
3,577
114
235
832
235
3013
8.953
11.8821
8,953
13
4.080
13
3,411
10.683
20.526
9.173
Endowment Fund
171 Mitchèrn Lane
14
IIY).613
100,61a
Total funds of the Church
225017
214.785
233,677
206.130
li

St. James Church. West Streatham
Notes to the Finanaal Statements
Year ended 31 December 2020
15. fixed Assets
Curates House 171
Freehold land and buildings comprise the curate's house l¢xated at 171 Mitcham Lane. The property is held in
trust for the PCC by a Southwark Di￿san trust.
The gross book value I£100.6131 ￿ based on the value estimated by the PCC as at 1st January 1992 for
insurance purposes (the current value for Insuran￿ purposes is £237,369). No depreciation 15 provided.
All other assets are written off in the year of purchase.
16. Trustees benefits and transact5ons
No payments or benefit has been made to any member of the PCC or persons dosely connected with suth
members, by St James or any closely related organisation except reimbursement of expenses incurred by the
Rector and other members of the PCC
17. Employees
The PCC employed three part time members of staff during the year. It a150 pays a contribution towards the
employment of a Youth Minister employed by Furzedown Churches Limited. Wages paid during the year were
£45,313 12019 £42,941). The salary of the Church Manager is determined by the PCC on an annual basis. The
pay for the Church Cleaner is detemined by reference to the London ￿VIng Wage.
18. Contingent liabilities and capitsl commitments
There were no contingent liabilities or capital commitments at 31 December 2020.
12