REPORTS On behalf of the PCC for the ## ANNUAL PAROCHIAL CHURCH MEETING (APCM) ## **Sunday 26 May 2024 St Michael’s Church 11.30 am** ## **VICAR’S REPORT 2023-24** There are a lot of ‘change’ jokes around, you know the ones; ‘How many priests does it take to change a lightbulb?’ Answer; ‘Two. One to mix the gin and tonic and the other to phone the churchwarden’. Change is never easy and not many people relish it. Looking back on this year, however, I think change is really the theme that stands out for me, but not for the reason you might expect. In the 1 seven and a half years I have been vicar here, the past twelve months have seen the least amount of major change in parish life! After years of having massive change forced on us, and some significant intentional change worked out, implemented and celebrated, 2023-24 has been a year of ‘just getting on with ordinary life’. I am very grateful to God for this opportunity! Even ‘ordinary’ years are so different, of course, in many ways the life of the parish this year has been largely predictable, and shaped by the same celebrations and seasons. ‘The daily round, the common task’, as George Herbert described it, is at the heart of what we do together, but the ordinary and the regular is then shaped into the extraordinary, through the grace of God. ## **Worship, Growth and Celebratng Lay Leadership** One of the most important aspects of ‘everyday change’, I have the honour to report here is that our Electoral Roll and regular worshipping congregation has grown by 8% numerically. Despite sadly losing some regular people, who have gone to glory as my mother used to say, we have several new couples and families who have joined us. What’s more, this is the fourth consecutive year that we have grown since the pandemic. Our numbers grew all through 2021, and by May 2022, we were 10% above 2019 numbers, and in May 2023 we grew by another 5%. In 2019/20 our ER was exactly 100. In 2024 it is 120. So at 20% over 5 years, we have definitely grown way past pre-pandemic levels and above Diocesan targets. Not bad for an ‘ordinary’ (but never boring) parish church. Am I boasting in the flourishing of us as a parish? You bet I am. With the wardens, lay ministers and PCC, we are a great team who work hard together to proclaim joyfully the Gospel in traditional parish ways that are regarded as old hat by many, if not obsolete. Ha! The change in energy levels and flourishing of our worship together -including lay leaders leading and preaching at Sunday services when I am away becoming the norm after many years of us being solely clergy led - has been astonishing. I am so grateful to God, and to you all for having the courage and creativity to do this. I’m looking forward to even more creative and lay-led worship in 2024-25, including at Remembrance, Christmas, Epiphany and Holy Week. None of this ‘everyday change’ and growth is by luck or accident. We have faithfully followed the Mission Action Plan 2023-26 agreed by the PCC in October 2022, when we called in some independent consultants from the umbrella group HeartEdge to facilitate us doing this in a one day workshop. An unsolicited piece of welcome feedback from the HeartEdge consultants was they found us to be the most joyful, team-oriented PCC that they had ever worked with. So it’s not just your vicar who tells you this. The results of our workshop were as follows: ## **STOCKWELL PARISH MISSION ACTION PLAN 2023-26** ## **Our ambition** - _Open up, restore and redecorate our church building, creating an open garden and physical welcome outside that reflects our warm welcome inside_ - _Bring as many people (adults & children) as possible, who are living in the parish, to know the love of God; so blossom and flourish, and serve the community in which we live and worship_ ## **Our vision for 2026** _A thriving and mutually supportive congregation in a church that is open and welcoming for all, with deep roots in the community, blossoming missional action, sustainable finances and a restored and renewed St Michael’s church building. An interconnected, incarnational expression of faith, hope and love. Christ-centred and outward focused._ As you can see from the reports that follow, we are well on our way. 2 What’s more, I tested the Mission Action Plan 2023-26’s aims and objectives with leading Church of England and Church of Norway theologians, when the Diocese of Southwark invited me, with seven other vicars to go on a three month intensive theological study course on Leading Change and Growth in churches with the Church in Norway. It involved shared visits to Norway in September 2023 and then weekly teaching from Senior Church of England and Norway theologians, each week setting assignments on all aspects of our parish life until Christmas 2023, researching the best way forward in mission though contemporary, academic level, theology and praxis. I used what we are already doing as a parish, how we are doing it, and our plans for what we will do the next two years until 2026 as my guide. I’m delighted to be able to tell you that I got distinction in all the essays on all the subjects, and the final 15,000 word dissertation. Boasting again! But not in myself, but rather what we are achieving as a team and our plans for the future. Thanks be to God. These plans for 2024 through to 2026 are as follows: ## **Context and PCC Vision Day** - Continuing and expanding the mixed style of worship through renewing our partnership with Kings Cross Church (KXC) who will reintroduce their evening service for young adults - Our music brings community and church together in different ways through good acoustics and space for concerts and art exhibitions, which we have successfully held before the pandemic. As the church and hall re renovated, these will increase again. - The church and congregation has a strong role within the local church and the diocese, with representation on various diocesan bodies and church charities (e.g., Robes). Our missional outreach and will continue to grow in partnership with local organisations and KXC. - Financially, we are running a structural deficit. The church has decent income and reserves, and has continued to pay for increases in our Diocesan parish share, but we have lost major income through loss of tenants and death of generous givers which needs to be replaced. This will hopefully now happen through a new nursery and KXC. - Complete and implement the full restoration of St Michael’s church and hall. Watch this space!! ## **St Andrew’s Church Site** Sadly, in mid-2022, the Parish Council and Diocese of Southwark agreed to permanently close St Andrew’s church due to its derelict condition. The PCC handed over responsibility for the church to the Diocese, and they are now working to deconsecrate the church and sell the site. The most exciting news came in March 2024 when the Parish Council has now been able to sign a legal agreement with the Diocese, to receive monies from the sale of the St Andrew’s church site to use solely for the restoration of St Michael’s church, after costs. Of course we don’t yet know how much that will be until the site is sold but, given property and land prices in SW9, we hope it will be a sizeable chunk towards our plans for the full restoration of St Michael’s church building. So the church will be around for at least another 200 years, and in excellent order for the time that we all will be able to use it. ## **Goodbyes and Adieus** We also sadly said goodbye to several long term members of the congregation and well-known local community members. Several of us have lost family members, and we give grateful thanks to each other for the support we are able to mutually receive. ## **We pray especially for the families of:** _Molly Brown_ 3 _Hyacinth Minott, The Lady Russell, Amanda Deckker, Piers Haggard, Tristram Powell Christian Palfrey_ We give thanks for St Michael’s church couple and local residents Lucia Garcia and George Service on the occasion of their wedding on 10 November 2023. We also give thanks and continue to pray for Freddie Morgan, who was baptised at St Michael’s church on 24 September 2023. It’s very unusual to only have one baptism in a year, but do not worry, there are eight more booked between June and September 2024. People prefer summer time, apparently. And it has been a great joy to welcome Bob Allan as our new Director of Music. Bob has settled in very well and I look forward to his plans and developments listed in his report below with great excitement. Grateful thanks to Stuart Barr, Martin Keiffer and CeCe Keiffer for their support and short notice cover as deputy organists after Tristan left us suddenly. ## **What a Team!** Finally, I would like to thank the fantastic Standing Committee of Reward Renson, Wendy Thompson, and Simon Barker for their co-leadership of the parish. Wendy has now stepped down as churchwarden after 6 years and she has my personal heartfelt thanks for her support, hard work and tireless humour – especially in the face of my occasional grumpiness. Wendy is going nowhere, just shifting her ministry focus slightly. So no need to worry. If you would like to be churchwarden do let Reward and I know as soon as possible. Grateful thanks also go to Henrietta Royle for taking on the challenge of being Project Manager for the renovation of the church hall as well as Project Manager for the renovation of the main church. She has worked tirelessly on both these projects, as you can read in her reports below. Grateful thanks also to all PCC members, deputy warden and sacristans Ben Benjamin, Gloria Benjamin, and Nora Sam. Also Refreshments Queen, Florence Arowele, and the great team of welcomers, cleaners and children’s church leaders whose tireless work and behind the scenes attention to detail ensures things run smoothly and on time physically and virtually. Please continue to pray for the whole parish as we move forward together in faith, hope and love, by the grace of God, to an ever flourishing and bright future. Please be assured of my prayers for you all, and for all who live and work in Stockwell SW9. ## **The Revd Erica Wooff Vicar** ## **PAROCHIAL CHURCH COUNCIL (PCC) REPORT 2023-24** The PCC includes: the vicar (chair), 2 churchwardens, 3 deanery synod representative and 10 PCC members (two co-opted) The last APCM was held on 21 May 2023. We have had a total of 6 PCC meetings since the last APCM. 4 The main issues discussed were the new Mission Action Plan, St Michael’s renovation, including a new boiler, St Michael’s hall redevelopment and new nursery, a new paftership with KXC for a new evening service, St Andrew’s church site, issues relating to Black Lives Matter, Eco church & our finances. Our Christmas services were well attended. During Holy Week, we also had evening services in church daily from Monday to Maundy Thursday & Good Friday service in the afternoon. Easter Day again was well attended. All our services were broadcast live online. ## **The Revd Erica Wooff** ## **ELECTORAL ROLL 2024** Great news! Stockwell Parish has grown for another year: fifth consecutive year. In 2024 our Electoral Roll has grown to 120 from 112. Nine new members and one death. (RiP). So 8% GROWTH. With 61% of members residing in the parish and the remainder in adjoining parishes. In 2019/20 our ER was exactly 100. So at 20% over 5 years, we have definitely grown way past prepandemic levels and above Diocesan targets. The Electoral Roll increase signifies that we are a thriving and growing parish church. Thanks be to God. ## **The Revd Erica Wooff** ## **CHURCH WARDENS REPORT 2023-24** ## **Heating** ## **New Boiler** _New boiler was installed in November 2023 which will reduce call out and maintenance charges significantly. Church wardens play an integral role to ensure that the new boiler is installed on time for winter season. PCC members were involved and approved installation of a new boiler after reviewing energy report which recommended the use of heat pump._ _The energy report was discussed in the PCC meeting and it was agreed that the use of heat pump is not ideal for our circumstances. After a lengthy consultation with Cowley maintenance group, it was then decided that the ideal heating Evomax-2-120kw to be the best boiler for our circumstances because it is highly efficient, low emissions, reliable and robust. (Fully condensing, fully modulating boiler, up to 107.5% net efficiency)_ _November 2023 a new boiler was installed replacing Hamworthy Purewell Atmospheric 120kw boiler output, efficiency 80%, high NOx emissions and high flue gas temperatures and volume._ _The new boiler comes with 5 years warranty and a lot of benefits including features to allow tees and isolation valves for a future electric heat pump to be added at a later date_ ## **Heating Maintenance** ## **Cowley Maintenance** _To ensure heating system provide comfort throughout the season church wardens continue to focus on reliability, efficiency and optimal performance of the heating system with annual preventative maintenance. This ensures that any budding problems happens with heating system are stopped before they become larger issues._ 5 _Annual Maintenance is essential to ensure that minor issues can be detected and rectified during routine maintenance. Church wardens also assist in planning so that heating system is professionally cleaned and inspected._ _Annual maintenance for 2023 completed on 27/07/2023 – under the supervision of church wardens._ ## **Fire Risk Assessment** _To ensure safety church wardens undertake a comprehensive risk assessment to identify any possible dangers and risks, as well as the people who may be at risk. To reduce the risks associated with fires and ensure maximum safety for all member of congregation, church wardens ensure servicing of fire extinguisher is conducted every year and full report shared to ensure that all fire equipment are in optimal working condition and can be used efficiently to put out fires. Servicing of fire extinguisher is up to date and the last inspection completed 04/09/2023_ ## **PAT – Testing:** _PAT testing is a great way of ensuring electrical equipment are safe and fit for purpose. This testing completed on 16/08/2023 under the supervision of church wardens_ ## **Lighting testing and inspection** _Completed on 25/01/2024 under the supervision of church wardens_ ## **Insurance Policy** _Expiry date – July 2024_ ## **Electrical Report** _Church hall test completed 20[th] Jan 2023 – Next due 2028_ _Church – Test due this year – The last test completed March 2019_ ## **St Michael’s Hall** _The church hall has now been repaired and most of the issues sorted including the leaky roof and wall damage in the toilet area. We have few tenant at present hiring church hall – For more information about hall letting, please refer to finance report_ _Also, we now have church hall cleaner who comes in 2-4 times a month to clean the church hall under the supervision of church wardens_ ## **Digital Giving** _Last year before Christmas St Michael introduced digital giving where congregation can make a onetime or recurring giving via digital payment. Digital mechanisms make it easier for congregations to give in the first place given they may not be carrying cash. Church wardens are now exploring another way of digital giving via a QR code where posters or pew card can be set up. The QR code can also be shown in church projector._ ## **St Michael’s website** _The purpose of a website is to provide a user-friendly experience that helps visitors find the information they need as quickly and easy as possible. If users are struggling to find content, or if you_ 6 _have outdated or incorrect content, then it’s likely that the website it needs a redesign or at least a sitemap refresh._ _We have contacted 2 website developer but unable to meet up for discussion. We are now looking to meet up with another website developer and if all goes well, we are looking forward to schedule a meeting through zoom for further discussion._ ## **Challenge:** _Church wardens always looking at ways of overcoming challenges to ensure our church is thriving with a clear vision of who we are and a solid theological understanding of our purpose. We have addressed some of the challenges and the result have been very positive, however, we still have number of challenges that need addressing_ - _Welcomers – We are still looking for more member of congregations to help/assist on welcomers_ - _Cleaning (Every Saturday Morning). This issue has now been addressed and PCC members are now helping cleaning the church. We are still looking for member of congregations to help on cleaning the church every Saturday morning from 9:30am. If you are interested to join the team, please contact church wardens for further information_ - _We also looking for member of congregation to support on ad hoc task & cover_ ## **Wendy Thompson Reward Renson Churchwardens** ## **Friends of St Michael** I am glad to say that there has been a lot of progress since the last APCM. ## **Church Refurbishment** Since the last APCM, a colour scheme was developed and a Faculty applied for in the early summer last year. The Diocese gave encouraging noises but suggested that we should refine the previous colour scheme, which it liked, but felt was a little too “lively”. Based on Diocesan advice, the Friends hired a colour consultant. The firm chosen has a great deal of experience with historic buildings, and we have been working with them and the Diocesan architect on the colour scheme. We now have something which the Parish Standing Committee and the Friends Committee like and intend to put forward. It still has plenty of colour, but is tonally calmer and ensures that the eye is drawn to the Sanctuary and its windows, rather than the roof. Having developed the colour scheme, we then set about identifying the exact paints that will be used to paint the Church. This has now been done. Our colour consultant will now write up the case for the colour scheme that needs to go with the reapplication for the Faculty (planning permission) and our architect will put together the specs for the work, which I hope will be ready to go in in early June, at the latest, for perhaps a July decision. The uncertainty around the timing relates to whether the Diocese feels it needs to have another go round with the Victorian Society. If so, then it could take longer. If we are successful this time, then we will go out to contractors for quotes and then start the big push on fund raising. 7 ## **Hall** Last November, we knew we had potential interest from a nursery chain in taking a lease on the Hall. Since then, this crystallised and then sadly went away as they couldn’t make the numbers work on the redecoration costs. However, the day the first nursery said they weren’t going ahead, we had an approach from another nursery. This has now seen the Hall and has emailed me with an offer. They expect to redecorate as well. They are offering a higher rent than the first nursery and there is no agency fee to pay, so if this goes through, it will make a big difference to our finances, which badly need rebuilding. Although we have spent c£4.5k on legal fees for the first nursery, we should be able to use most of the work for the new nursery. We will be applying for a faculty to allow us to lease the small courtyard to them to use as well. I have issued a draft set of Heads of Terms and we will see how we get on. Please pray for a successful resolution this time. I would also like to thank Emerson for joining the gardening team and completing most of the weeding around the Hall, which I am sure helped sell it to the new nursery. Trisha still works very hard keeping Church Walk beautiful. ## **Church Front Garden** Some of you may have noticed that there has been a transformation in front of the Church. The mass of weeds, and out of control and unattractive bushes has been cleared and a great deal of planting has taken place. There is more to come, but most of the planting is now in place. Two white rose bushes have been planted either side of the main door in memory of our much missed neighbour, Amanda Deckker of St Michael’s Road. These should grow to about 10-12 feet with huge trusses of highly fragrant roses and will be trained up the front. White roses were her favourite flowers. By each of the side doors, white wisteria have been planted. These also have big trusses of fragrant flowers and will be trained over those doors and along the front of the church, eventually to run over the front door. The planting in the beds is mostly pinks, blues and violets, with reds, oranges and yellows at the side. It will be a cutting garden for church flowers, but hopefully will also add to the beauty of the Conservation Area. All this work is thanks to Phil Mitchell and Gary Neville who live in Park Heights. They have worked incredibly hard and intend to continue to maintain the garden. They also donated the white roses in memory of Amanda. **Henrietta Royle Chairman, Friends of St Michael** ## **Annual Report for Music 2023-24** Music continues to be a central and defining feature of worship at St. Michael’s and St. Andrew’s, with hymn singing and music making accompanying every Sunday Eucharist and Feast Day. The most significant change for music this year has been my (Bob Allan) appointment as Director of Music in January 2024. Coming from my previous role at St. John the Evangelist, Brownswood Park, I look forward to bringing my musical skills to enhance worship south of the Thames. I thank my predecessor for his work in this role before me, and to the deputy organists who performed musical duties in the intervening period before my appointment. Though small in number, the regular Sunday choir remains very committed, and one can always rely upon around 5-8 singers to rehearse and lead hymns during Eucharist. In coming months and years I 8 hope to grow this number, and to set increasingly ambitious goals for this choir which go beyond unison hymnody. Additionally, the larger Scratch Choir continues to assemble for Easter, Christmas and Summer festivities, rehearsing for 3-4 weekends prior to each. In the Summer Festival on 26 June 2023, the choir walked into the church singing an enjoyable arrangement of ‘He’s Got The Whole World IN His Hands’. We also sang Vivaldi’s ‘Gloria’ and ‘The Lord Bless You and Keep You’ by John Rutter, and Zara Barr sang a solo of ‘O For the Wings of a Dove’ which really set everyone up joyfully for the festivities of the day ahead. The Carol service on 17th December was once again opened by Zara Barr’s beautiful unaccompanied solo in the first verse of _Once in Royal David’s City_ . Many of the familiar carols were complimented by _Jesus Christ the Apple Tree_ and a less familiar, wonderfully chaotic arrangement of _The Holly and the Ivy_ . The Scratch Choir were also joined for this service by the Children’s Choir, who wonderfully performed three songs: Calypso Carol and Rudolph the Red-Nosed Reindeer, as well as leading the first verse of _Away in a Manger._ Many thanks to the parents of the participating children for their help in organising this, and a special thank you to Sarah Barr for leading the children’s choir for so many years. No St. Michael’s carol service would be complete without The Twelve Days of Christmas, led by our very own impresario Stuart Barr. A very joyous and festive time was had by all! The Scratch Choir came together once again in time for Easter Sunday on 31st March, singing three anthems: Stainer’s _God So Loved the World_ plus my own arrangements of _In Christ Alone_ and the South African spiritual _Siyahamba (We are marching in the light of God)_ . ## **Bob Allan – Director of Music** ## **APCM Report, Lambeth North Deanery Synod, 2023-24** St Michael and St Andrew’s is part of Lambeth North Deanery with sixteen other parishes. We meet three times a year under current Area Dean, Jamie Mulvaney from Holy Trinity, Clapham. Last June the synod held its annual social at St John’s Waterloo at which Canon Giles Goddard gave a short talk on the background to the church and the recent renovations. Will Garrood was thanked for his organisational skills and enthusiasm as lay chair over the previous two years. In November, the synod met at St Mark’s Kennington. It was noted that: - An inter-faith season of art and reflection was being held at St John’s Waterloo. - All PCCs would adopt the Southwark Diocese’s Racial Justice Charter; and unconscious bias training will be offered. - An interesting discussion was led on Children and Youth Ministries by Felix Stevenson, a curate at HT Clapham – the key message being that 75% of practicing Christians come to faith by the time they are 18. Safeguarding was listed as a priority for delivering successful youth ministry as well as the importance of developing relationships and partnerships throughout the community as a route to welcoming young people to the church. In March, we met at St John the Evangelist, Clapham road. The Synod recognised that it had been 30-years since women were accepted into the priesthood which is a cause for celebration. There 9 were talks on eco-church and the Lent Climate Pilgrimage. At the General Synod held in February 2024 some of the key topics included the war in Ukraine and parochial fees. Nature and biodiversity featured strongly, with discussions of what the Church of England does with its land and churchyards. Estate Evangelism was also discussed, as research revealed that two-thirds of under18s in England live on estates, highlighting the need for investment in young people. Finally, there was a discussion on CoE school closures due to falling roles, although no schools were currently earmarked for closure. Over this period, the Deanery leadership team, with the Dean, Lay Chair and other lay and clergy members, continued to work with the Archdeacon around the status and future of some churches in North Lambeth. The next deanery synod meeting will be in June. ## **Michael Llewelyn Jones** ## **CHILDREN AND VULNERABLE ADULTS** Heather Wellington is Parish Safeguarding Officer with Mandy Vasey remains on the team, Ben Benjamin and Wendy Thompson are on the team All the DBS checks are up to date and PCC members and Ministry Team have completed their safeguarding training. There haven't been any safeguarding issues which I'm pleased to report. Safeguarding is constantly undergoing change and updating to respond to the complexities of church life and we are blessed by the Diocese of Southwark has a team of advisers we can ask for guidance and help. ## **Heather Wellington and The Revd Erica Wooff** ## **ROBES** Firstly, thanks to God for his faithfulness, and the desire that he has placed within the hearts of the parish to support those most vulnerable within our community during the winter season and beyond. This last season has not been without its own challenges. With the ongoing issues of maintaining our much loved church hall, we were again unable to host Robes’ winter rotating shelter within our buildings. However, we had various volunteers willing to go the extra distance to support the project both at St Matthew’s at the Elephant and further afield at the Coppleston Centre in East Dulwich. A heartfelt big thank you to all who supported the work of Robes and our guests through their prayers and financial giving. By sponsoring myself and Abi from St Michael’s to participate in the annual sleepout fundraiser, which is held at Southwark Cathedral, your commitment enables much of our work to continue. Some statistics from the winter season 2023/24: Robes provided 5,940 meals and supported 49 guests, 42 men and 7 women, by showing hospitality and providing a total of 2,475 safe bed spaces. It is the desire of Stockwell Parish to continue to support Robes and their guests and, in so doing, 10 further demonstrate God’s love, provision, and overwhelming hospitality - especially to those facing homelessness who are forced to sleep rough on the streets of Lambeth and Southwark. It has been both a real privilege and humbling experience of mine to serve as a Robes Trustee and to represent Stockwell Parish in this capacity. For updated information on Robes please visit their website- www.robes.org.uk ## **Wendy Thompson** ## **APCM Report, St Andrew’s School 2023-24** This report is very similar to last year’s, and the environment for local schools is getting ever more challenging, largely due to funding issues. St Andrew’s school results are decent, and we had high levels of overachieving children among our school leavers last year, but there are weaknesses, especially about writing. We are continuing to find that the effects of the pandemic are likely to be long lasting for many children - and staff. Leadership is strong and the school has worked well with its sister school, Christ Church, off the Brixton Road. The ongoing links with the parish remain good. Erica visits frequently. Will Garrood remains chair of governors. The school is regularly in the church for its end of year service, Christmas (a Christingle service), and Easter. Will and Erica and others were here to welcome them. Financially, the school is under pressure. Falling birth rates and people leaving the borough means that Lambeth as a whole has many fewer children than ten years’ ago. This has reduced the numbers attending the school and thus income. Lambeth is running a process to resolve this overcapacity in schools and we are engaging with the borough and the diocese about it. All schools are in theory at risk of amalgamation, but St Andrew’s is not being targeted for this. The PCC agreed this year to use some of our governor slots for parents of the school who are not members of the parish. Our governors are Erica, Will, Wendy, Will Scoones and Latifah Ireland. ## **Will Garrood** 11 ## **STOCKWELL PARISH TREASURER’S REPORT ACCOUNTS AND ASSETS YEAR ENDING 31/12/2023** ## Incoming revenues - Planned giving is up about £6,500 although still below historical averages - Collections and donations (from services other than regular worship) when taken together is 10% less than 2022 but reflects a full year of normal worship pattern including funerals, weddings, baptisms etc - Fees to the parish made up of weddings, funerals and banns readings are up mainly on account of more banns being read (getting married is not going out of fashion, it seems). However, there will be a cost element here when we made the annual return to the Diocese for the share that goes to the Diocese for weddings and funerals - Hall lettings – this is down by nearly £8,500 and in itself 2022 follows a reduction of £14,000 from 2021. The full effects of the near closure of the Hall after the flood, the absence of the playgroup has taken its toll on our rental income. There is improved letting in 2024 and shortly a lease to be signed with a large playgroup (effective later 2024) will be transformative on our income albeit unlikely to make ,much impact until 2025 - Dividend income is very healthy and the highest it has ever recorded and £2700 above 2022 - The total income stands at £74,941 some £2200 less than 2022 ## Expenditure - Running costs are higher due to increased costs of gas and electricity (£1800) - Repairs and maintenance at £39,549 (after VAT reclaim £35,000) are made up mostly of the new boiler installation (at cost of about £23,000 after VAT). After years of struggling with a very old system we have now the benefit of a new reliable system which will reduce call out and maintenance charges in the long run - Organist costs are a bit higher (£1600) due to the disruption caused after our regular organist Tristan left, thus incurring increased costs of hiring in ‘jobbing’ organists - PSF/Diocesan share is up slightly as agreed by the PCC the previous summer - Total expenditure stands at £134,027 considerably above the £112,000 of 2022 but much of the difference is made up for the cost of the new boiler ## Final result, reserves, investment, cash at bank We have made £45,000 of transfers from reserves to cover operating costs in order to fund a near £60,000 deficit We have incurred a loss (after tax recoveries) of £59,085 Cash at bank is £7825 at close of the year Investments (including cash at bank) has reduced from £574,039 to £548,580 but given £45,000 was transferred from reserves the underlying value of investments has actually increased by £20,000 Simon Barker 8[th] May 2023 ST ANDREWS & ST MICHAEL'S CHURCHES, STOCKWELL STATEMENT OF FINANCIAL ACTIVITIES YEAR ENDED 31 DECEMBER 2023 Unrestrictèd Restrictod Endowment Funds Fvnd8 Funds Total Funds 2023 2022 Note INGOMING RESOURCES Incomiiig resources Iroim donors Other volunlaiy IllGQtKiing resuurces lnc.ome from operating activities lo geiierate funds Income from operating activities to further the work ol the Church In¢oire from investments 2a 2b 32,923 2.525 32,923 2,525 20,514 3,437 2c 12,881 12,881 21,391 2d 2e 1.969 21,926 1,969 21.926 1.775 19.216 TOTAL INCOMING RESOURCES 72,224 72.224 66,333 RESOURCES USED GraTrls 3a Church Activities 3b Church mana9emenl and adminislralion 3 131,683 3,084 131,863 3,Q84 107,825 5,294 134,747 134,747 113,119 NET EXPENDITURE FOR YEAR 182,5231 (62,5231 146,7861 TRANSFER BETWEEN FUNDS 62,523 162,5231 GAINS AND LOSSES ON INVESTMENTS Unrealised and Realised 19,533 19,533 144.8181 NET MOVEMENT IN FUNDS 162.5231 19,533 142,9901 191,6041 BALANCES BROUGHT FORWARD AT I JANLJARY 2023 133,528 463,539 597.067 688,671 BALANCES CARRIED FORWARD AT 31 DECEMBER 2023 £ 71,005 £ 483,072 £ 554,077 £ 597,OS7 . ST ANDREW'S & ST MICHAEL'S CHURCHES, STOCKWELL BALANCE SHEET 31 DECEMBER 2023 2023 2022 Note FIXED ASSETS Iiiveslmenl assets 483,073 463,540 CURRENT ASSETS CBF Deposits Cash al Bank Debtors 37,211 13,600 20,913 82,211 35,063 16,253 71,724 133,527 CURRENT LIABILITIES Creditors Due Within One Year 720 NET CURRENT ASSETS 71,004 133,527 NET ASSETS 554,077 £ 597,067 FUNDS Unreslricled Reslricled Endowments 71.005 483,072 133.528 463.539 £ 554,077 £ 597,067 Approved by the Parochial Church Council on 25 November 2024 Q£wA@o - L/icrf ST ANDREW'S & ST MICHAEL'S CHURCHES, STOCKWELL NOTES TO THE ACCOUNTS YEAR ENDED 31 DECEMBER 2023 ACCOUNTING POLICIES lal General These accoiinls have been prepared under the historical cost convenlion and in accordance with applicable accounting standards, the Charities SORP and the Church Accounting Regulations 2006. Ibl Incoming resources Unreslricled funds are available for use by the PCC foi general expenditure. Restricted funds are reslri¢led to the specilic expenditure to which they relate. INCOMING RESOURCES Unrest¥icted Funds Re8tricted Endowment Fund6 Fund5 Total Funds 2023 2022 lal Incoming resources from donors Planned giving CO1￿CtIonS and other giving Income tax recoverable 27,265 5,S58 27,265 5,658 20,982 5.421 15,8891 32,923 32,923 20,514 Ibl Other voluntary incoming resources Oonations Igenerall Lhurch l."abric Fiind donations 2.525 2,525 3,437 2.525 2,525 3.437 1¢) Income from operating activities to generate ILinds Excursions, liamper etc. & entertainment ommillee Hall lettings et¢. 12,881 12,881 21.391 12,881 12,881 21,391 Idl Income from operating activitles to further the work of the Church Weddings, funerals & baptisms Fees due lo the Diocese Miscellaneous 1,969 1,969 315 1,460 1.969 1,969 1,775 lel Income from investments Dividends Iiiletesl 21.926 21,926 19,216 21,926 21,926 19,216 TOTAL INCOMING RESOURCES £ 72.224 £ 72,224 £ 66.333 ST ANDREW'S & ST MICHAEL'S CHURCHES, STOCKWELL NOTES TO THE ACCOUNTS YEAR ENDED 31 DECEPJIBER 2023 IContd.} RESOURCES USED Unrestricted Funds Reytricted Funds Total Fuiids 2023 2022 lal Grants Grants & donalionslgenerall Ibl Church activities Diocesan parisli share Church running expenses linc. insurance) Clergy expenses & readers'lSPA lees Fee5 IdLJe lo Oiocesel Music Organist's lees Fete, excursions, hamper & fayre Teaching- Sunday School, Foolprinls, el¢. Hall costs & maiiilenance Cliurch repairs & maintenance Altar flowers & cost of service 70,316 14,922 1.464 70,316 14,922 1,464 66,969 13.134 1.280 1,141 110 7,164 226 333 127 8,724 127 8,724 34,889 1,221 34,889 1,221 16,884 131.663 131,663 107,825 Icl Church managèment & administration Priiiling, stationery & office supplies Secielaria Poslage & telephone Verger & cleaning Independent Exaniineff s fee Professional lees Bank Charges Sundry Expenses lin¢. website design) 120 214 198 720 330 214 198 720 330 177 528 660 1,4e4 1,622 1,622 2,345 3,084 3.084 5,294 TOTAL RESOURCES USED £ 134,747 £ 134,747 £ 113,119 DEBTORS 2023 2022 Income lax re¢overable VAT recoverable 16,253 4.660 16,253 £ 20,913 £ 16,253 CREDITORS- Due Within One Year 2023 2022 iikjiy lo￿1? Suiidry Lf8dilors 720 £ 720 ST ANDREW'S & ST MICHAEL'S CHURCHES, STOCKWELL NOTES TO THE ACCOUNTS YEAR ENDED 31 DECEMBER 2023 Contd.} RESTRICTEO FUNDS Church Fabrics Memorial Restricted Re$tri¢t6d Funds Funds Funds Total 2023 2022 BaSance al 1 1.23 Iiicoming resources Oulgoiiig resources Trangfer to uiireslricled funds 132,132 198 1,198 133,528 160,188 162,5231 162,5231 126.6601 BALANCE AT 31.12.23 £ 69.609 £ 198 £1,198 £ 71,005 £ 133,528 INDEPENDENT EXAMINER'S REPORT TO THE PCC OF ST ANDREW'S & ST MICHAEL'S CHURCHES, STOCKWELL This report on the accounts of the PCC for the year ended 31 December 2023, which are set out on pages 1 to 5, is in respect of an examination carried out under the Church Accounting Regulations 2006 and s.145 of the Charities Act 2011. Respective responsibilities of trustee5 and examiner As the members of the PCC YOLI are responsible for the preparation of the accounts., you consider that the audit requirement of the Cliurch Accounting Regulations 2006 and section 144 of the Charrties Act 2011 Ilhe Act) do not apply. 11 Is my responsibility to Issue this report on those accounts in accordance with the terms of the RegLilalions. Basis of independent examlner's report My examination was carried out in accordan￿ with the General Directions given by the Charity Lommission Linder section 146{51(bl of the Act and lo be found in the guidance from the CBF. That exarninalion includes a ieview of the acGounling records kept by the PCC and a Comparison of the accounts with Ih05e records. It also includes considering any unusual items or disclosures in the accounts and seekiiig explanations fron) you as Iruslees conceriiing any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the view given by the accounts. Iiidependent examiner's ststement In connection with my examination, no matter has come lo my allention". 11) which gives me reasonable cause lo believe that in any material respect the requirements lo keep accounting records in accordance with section 130 of the Act.. and to prepare accounts which accord with the accounting records and lo comply with the requirements ol the Act, as also contained in the Church Accounting Regulations 2006 have not been mel., or (2) to which, in my opinion. allenlion should be drawn in order to enable a proper understanding of the accounts to be reached. ANDREW THURBURN Cliartered Accountant 38 Tamworth Road Croydon, Surrey CRO IXU 25 November 2024