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2022-12-31-accounts

Contents Page
Legal and administrative information
Report ofthe Parochial Church Council
Independent Examiner's report to the Parochial Church Council
Statement of financial activities
Balance sheet 10
Notes to the financial statements
Charity Name Charity Name The Parochial Church
Council		 of the Ecclesiastical Parish of Holy Trinity &St Holy Trinity &St Holy Trinity &St
Matthias, Tulse Hill (the "PCC")
Charity Nuinber 1133884(registered
with the Charity Commission,		 entered into the Register of
Charities on 28January 2010)
Principal Address Holy Trinity Church, 51Trinity Rise, London, SW2 2QP
Governing Document Parochial Church
Council Powers		 Measure (1956)as amended and Church
Representation
Rules
Purpose as per Promoting
in the ecclesiastical
parish the whole mission of		 the Church
Governing Document
Members ofthe PCC Members ofthe PCC are either ex officio or elected by the Annual Parochial Church
Meeting ("APCM") in accordance with the Church Representation Rules. The
members ofthe PCC are the Trustees ofthe charity. At the APCM held on the 27"
April 2008, a resolution
was passed
in accordance		 with the provisions ofthe
Churchwardens
Measure 2001,to waive the six consecutive		 year limitation period
for service as churchwarden with regard to the Parish of Holy Trinity
Jk St Matthias.
Members ofthe PCC who served during the year or who were serving at the date of
this report were:
Clergy (exofficio) Revd Richard Dormandy
(Chair, Vicar)
Revd William Sharpe (Non-Stipendiary)
Diocesan Reader (exofficio) Gloria Otu-Simon
Churchwardens
(exofficio)		 Fay Morris
Ava Serunjogi
Lay representatives
to the		 Adam West
Deanery Synod (exofficio)
Elected lay representatives Yetunde
Akintunde
David Jowsey
Malcolm
Kemp
Jamie Lobban
Nicole Lyon
Jim Maddox (to 29 May 2022)
Alice Odusina
Rebecca Robertson
(from 29 May		 2022)
Georgie Snyder
Garry Sutcliffe
Key Management Those in charge ofdirecting, controlling,
running		 and operating the charity on a
Personnel day-to-day
basis are the members ofthe PCC
Bankers Barclays Bank UK Pic, 1Churchill Place, London E14SHP

At 31 At 31
December December
2022 2021
6 6
8uil ding Fund 7,121 33,467
Free reserves 73,583 61,084
Free reserves as /age ofannua I unrestricted expenditure (exci.Straw aa ie costs) 6496 601o

Unrestdicted Unrestricted
Undesignated Designated Restricted Endowment
Note Funds Funds FUIlds Fullds Total Total
2022 2022 2022 2022 2022 2021
6 6 E 6 E E
Income from: 2
Donations
and		 legacies 100,171 146,244 246,416 204,574
Charitable
activities		 11,841 12,865 24,706 16,900
Investments 36 549 76 660 349
Other 66 13060
Total Income 115,277 12,865 157,020 76 285,237 234,883
Expenditure
on:
Charitable
activities		 104,210 152,717 68,134 325,061 232,019
Other 357 350 707
Total Expenditure 104,567 152,717 325,768 234,829
Net gains / (losses)
on investments		 it,179) (60) (1,239) 1,386
Net Income /
(Expenditure)		 4 10,710 (139,852) 87,357 16 (41,770) 1,441
Transfers
between
funds		 141,648 {141,648)
Net movement
funds		 in 10,710 1,796 (54,292) 16 (41,770) 1,441
Total funds
brought
forwa rd		 54,793 6,290 352,841 2,903 416,828 415,387
Total funds carded
forward		 65,503 8,087 298,550 2,919 375,058 416,828

Unrestricted Unrestdcted
Undesignated Designated Restricted Endowment
Funds Funds Funds Funds Total Total
2022 2022 2022 2022 2022 2021
E E 6 E E E
Fixed assets
Tangible assets 2,371 2,371 3,261
Investments 2,741 8,960 2 919 14619 15747
11,332 2,919 16,991 19,008
Current assets
Debtors 8 16,131 130 30,174 46,434 55,646
Cash at bank and in hand 9 3»
Total 65,588 8,087 288,422 362,097 427,815
Creditors (amounts
falling due within one
year):
Amounts
accrued
yet to be paid / 2,825 1,204 4,029 29,994
received
Net current assets 62,763 358,068 397,820
Net assets 65,503 8,087 298,550 8
Represented
by:		 10
Endowmentfunds 2,919 2,919 2,903
Restricted funds 298,550 298,550 352,841
Un re stricted
designated
funds		 8,087 8,087 6,290
Unrestricted
undesignated		 fund 65,503 65,503 54,793
Total funds 8

Unrestricted Unrestricted
Undesignated Designated Restricted Endowment Total Total
Note Funds Funds Funds Funds Funds Funds
2022 2022 2022 2022 2022 2021
E E E E E E
Donations
and legacies
Offerings
and		 donations 81,962 36,740 118,702 137,905
Gift Day 12,975 12,975 31,329
Income tax reclaimed 18,209 6,379 24,588 23,738
6ra nts 2 11601
Total 246,416 2D4,574
Charitable
activities
Rental income 1,310 12,865 14,175 10,490
Funerals,
Weddings
&Banns		 7,834 7,834 3,762
Parish Weekends 1,230 1,230
SoIare nergy (FiT) 1,467 1,467 2,248
Other 400
Total 2 2 16,900
Investments
Investm ent Inco me 36 549 76 660 349
Total 36 549 76 660
Other
Grants towards VAT
costs under Listed
Places ofWorship		 1,452 9,877 11,329 8,618
Scheme
Grants toward energy costs 1,400 1,400
Refund ofelectricity charge 3,812
Other 377 350 727 629
Total 22 9
Overall Total 115,277 ,2 76 285 237 234,883
2a.Grants received
Unrestricted Unrestricted
Undesignated Designated Restricted Endowment Total Total
Funds Funds Funcls Funds Funds Funds
2022 2022 2022 2022 2022 2021
E E E E E E
Received fram
ACTS 435
Grants for Phase
IV		 99» 600
11,001
Total 11,601

Unrestricted Unrestricted
Undesignated Designated Restricted Endowment Total Total
Note Funds Funds Funds Funds Funds Funds
2022 2022 2022 2022 2022 2021
E E E E E F.
Charitable
activities
Building Cost Write-down 141,648 141,648 74,872
Church
Life &Outreach		 2,118 1,766 3,885 2,577
Clergy Running Expenses 693 693 411
Clergy Utilities & Phone 1,323 1,323 1,530
Tree Works/Garden Costs 2,228 2,228 3,567
Gra nts 3a 1,363 1,363 8,445
Insurance 6,578 6,578 5,981
Lighti ng
I nsta		 I Iation 9,906 9,906 24,268
CCTV/Livestrea
installation		 ming 889 889 7,498
Missionary
&
Charitable
Giving		 3b 5,000 4,258 9,258 10,041
Parish Support Fund 61,600 61,600 60,365
Parish Weekends 1,804 1,804 500
Maintenance of
Buildings
and		 1,842 49,530 51,372 7,039
Facilities
Publicity &Printing 210 210 576
Utilityand
other
running
costs		 17,252 17,252 12,107
Rental costs 11,069 11,069 10,149
Weddings
&Funerals		 2,912 2,912 970
Other 651 421 0 2
Total 325061 232019
Other
Governance
(Audit) Costs		 1,980
Bank Charges 357 357 230
Other 350 350 600
Total 357 350 707 2810
Overall Total 104,567 152717 68,484 234,829

ga.
Grants paid
Unrestricted Unrestricted
Undesignated Designated Restricted Endowment Total Total
Funds Funds Funds Funds Funds Funds
2022 2022 2022 2022 2022 2021
f f f f f
ACTS 435clients 600
Grants
from VDF
Total 1,363 1,363 8,445
3b.
Missionary
and Charitable		 Giving
Unrestricted Restdicted Total Total
Undesignated Funds Funds Funds
2022 2022 2022 2021
E f E f
Giving to organisations
Asif Mall (Operational Mobilisation, UK) 500
BBCChildren
in Need Appeal		 150 150 150
Comic Relief (UK) 150
Coram (Chidren's
Charity,		 UK) 150 150 150
Cri s is (UK) 150 150 150
Eagles Malawi
(Malawi,		 via Malawi Support) 800 450 1,250 1,250
Holy Trinity
CE Prima ry		 School 10 10 6
Holy Trinity
CE Prima ry		 School - Year 6 Leave ra' Bibles 539
Norwood
&Brixton Foodba		 nk 300 300 300
Paz y Espe ra nza (Peace 8 Hope - Peru) 800 800 800
Prison Fellowship
(Christian		 Prison Ministry-London) 800 800 800
Save the Children
Fund		 150 150 150
Simeons Trustees
(Patrons		 of Holy TrinityChurch) 200 200
Spinnaker Trust(Christian Schools Charity, UK) 100 100 100
Spires Centre, Streatham 200 150 350 150
StChristopher's
Hospice,		 Beckenham 100 100 100
St Marti ns-in-the-Fields Church - Christmas Appea I 150 150 150
St Mungo's
(Ending Homelessness/Rebuilding		 Lives) 150 150 150
TearFund 1,140 1,140 1,140
Teshie Orphanage
(Ghana)		 8 8 806
Water Aid 100 100 100
We
Icare, London		 800 800
Giving to individuals
Linda
Anna
(France)		 800 1,600 2,400 2,400
Total 10,041

2022 2021
F. 6
Transfer from Phase Iv (restricted) to Straw Bale Building (unrestricted) 141,648 74,872
year, all ofwh ic h were i ncurred
by the Phase IV		 Fund. Thes e costs were:
2022 2021
6 6
Services provided byHTTH Building Developmentco Ltd 95,530 46,385
Lift installation 165 19,356
Insurance 5,026 4,975
Door installation 10,052
Air conditioning and ventilation 29,680
Sundry 1,195 4,155
Total 74,872
6.
Tangible		 Fixed Assets
Fixtures,
fittings and Prior Year
equipment Total 2022 Total
6 6 6
Cost
At 1 January
2022		 3,557 3,557
Additions 3,557
Disposala
At 31Deca mbe r 2022 3,557 3,557 3,557
Depreciation
At 1January
2022		 (296) (296)
Charge for Year (889) (889) (296)
Disposala
At 31 Decemba r 2022 (1,1S6) (1,186) (296)
Net book value
At 31December 2022
At 31December 2021 3,261 3,261

7.
Fixed		 As sets Investm ents
2022 2021
6
Market
value		 at beginning ofyear 15,747 14,307
additions to investments at cost 111 53
Disposals of investments
Net gain/(loss)
on revaluation		 ~299 1,386
Total 9 9 15,747

8.
Debtors
Unrestricted Unrestricted
Undesignated Designated Restricted Endowment Total Total
Funcls Funds Funds Funds Funds Funds
2022 2022 2022 2022 2022 2021
E E E E E E
Income tax
recove ra h Ie 15,284 6,283 21,567 23,416
Straw Bale Building
p re pa yme nts		 14,596 14,596 25,126
6ra nts towa rds VAT
costs under Listed
Places of Worship 802 8,255 9,057 5,384
Scheme
Renta
I income		 130 130 440
Refunds
of utility		 215
ove rpa yme nts
Co ntactles s 45 45 25
payments
Tenants'
deposits		 1040 1040
Total 16,131 130 30174 55,646

9.
Creditors —		 Amoun ts
Falling Due W		 ithin One Yea r
Unrestricted Unrestricted
Undesignated Designated Restricted Endowment Total Total
Funds Funds Funds Funds Funds Funds
2022 2022 2022 2022 2022 2021
E E E E E E
Accruals:
Missionary
&		 164 164 4,462
Cha rita hie Giving
Accruals: Lighting
Insta llation		 24,268
Accrua Is: Payme n
to Diocese		 ts 916 916
Contactless
payments		 44 44
Vicar's expenses 110 110
Sundry Expenses
Tenants'
deposits		 / 113 1,040 1,153 1,040
Other 1,642 225
Total 2,825 1,204 0 29,994

10.Undesignated, 10.Undesignated, Designated, Designated, Restricted and Endowment and Endowment Funds
10a.
Current Year
At 31 31
December Gains / December
2021 Income Expenditure (losses) Transfers 2022
E E E E E
Unrestdicted Undesignated Funds
Main 9 65503
Total 65,503
Unrestdicted Designated Funds
Straw Bale Building (141,648) 141,648
Tenants 8087
Total 141,648 8087
Restricted Funds
ACTS 435
Building 33,467 33,979 (60,325) 7,121
Congre gationa I
MissionaryGiving		 4,258 (4,258)
Imagine 4,490 4,490
Phase
IV		 279,513 113,263 (141,648) 251,128
Senior Citizens 1,010 1,010
Social
Club		 105 1,152 (716) 540
Tenants 350 (350)
Tri nity Tots 2,192 2,192
Tulsa
Hill		 CAC 5,737 (27) (1,219) 4,492
VDF 24,796 3,594 (1,363) (1,179) 25,848
Youth Ministry
Total		 352,841 ~64 9S,
Endowment
Funds
War Memorial		 2 903 76 ~60 2919
Total 76 2919
Overall Total

10b.
P		 r ior Year
At 31 At 31
December Gains / December
2020 Income Expenditure (losses) Transfers 2021
unrestricted
Main
Total		 undesignated Funds E
93
47938		 E
03404		 E
~0
~6,		 E E E
»93
unrestricted Designated Funds
Straw Bale Building 74,872
Tenants
Total 046 9, 74,872 6,290
Restricted Funds
ongoing
ACTS 435 600 (600)
Building 40,837 29,981 (37,350) 33,467
Congregational
Missionary
Giving		 4,902 (4,902)
Gardening 177 (177)
Imagine 4,490 4,490
Phase
IV		 281,861 72,523 (74,872) 279,513
Senior Citizens 1,010 1,010
Social Club 490 102 (488) 105
Tenants 5,014 600 (5,614)
Trio ity Tots 2,192 2,192
Tulse
Hill		 CAC 5,196 1,592 (1,050) 5,737
VDF 20,660 10,721 (7,845) 1,260 24,796
youth
Ministry
Total		 1,335
063 00		 2 647 ~8270 00 ~02 1,532
0 2 04
Endowment Funds
War Memorial 2 724 52 127 0
Total 2 724 52 127 2,903
Overall Total 1386 416,828

Total Total
2022 2021
6
Total donated by PCC members (trustees)
and their spouses		 without conditions 39,375 40,944
PCC payments or prepayments to HTTH Building Development Co Ltd. 85,000 60,581
Expenses or grants paid to members ofthe PCC 4,338 6,325
Numbers of PCC members to whom expenses or grants were paid 3 4