2021-12-31-accounts

Legal and Administr For the year ended	ative Information 3I December 202 I
		Page
Legal and administrative	information
Report ofthe Parochial	Church Council
Independent Examiner's	report to the Parochial Church Council
Statement offinancial activities
Balance sheet		IO
Statement ofCashflows
Notes to the financial statements

The PCC w	ho serve	d d	uring the	year and	who we	re serving at th	re serving at th	e date ofthis report were:	e date ofthis report were:
Vicar				Reverend	And	Buckler		From une 2017
Associate Vicar				Reverend	H Miller			From July 2017
				Reverend	ean-Luc		Ser ent	From Se tember 2020
Church Wardens				Don Christian				(elected APCM	202l)
				Leah Haynes				(elected APCM	202I)
Elected				Naheed Amiaka,		Treasurer		(elected APCM	2018,resigned	from Treasurer Dec2021)
Lay Representatives				Samy Mansour				(elected APCM	2018)
				Stuart Beck				(elected APCM	2019)
				Annabel	Lea			(elected APCM	2019)
				Johnny Simpson				(elected APCM	2020)
				David Park				(elected APCM	2020)
				Amanda	Sharman			(elected APCM	2020, elected	as Treasurer Dec 2021)
				Stephen	Buckley			(elected APCM	2020)
				Gill Dandy				(elected APCM	2020)
				Antoine	Piquet			(elected APCM	2020)
				Victoire	Engome-Eyoum			(elected APCM	2020)
Lay Representatives			to the	David Park				(elected APCM	2020)
Deanery Synod				Roger Hall				(elected APCM	2020)
				Nicholas	Bell			(elected APCM	2020)
PCC Representative			on the	Rachel Edmondson				(elected APCM	2018)
School Board ofGovernors
Salaried Personnel		in	Attendance
Director of	Operations				Chloe Slinger
PAto the Vicar					Ruth Beck			PCC Secretary
Key Management		Personnel
Director of	Prayer	and	Pastoral	Care	Pippa Fernee
Director of	Worship				Gilbert	Chellembrom
Director of	Operat,	ions			Chloe Slinger
Professional	Advisers		and Agents
Bankers					NatWest		Bank pic	Kensington,	Royal Garden	Branch,
								55 Kensington High Street,		London W8 5ZG
Independent	Examiner				Jacob Cavenagh 5Skeet			5 Robin Hood Lane, Sutton, Surrey SMI 2SW
Quinquennial	Inspector				Robert	Shaw Architects		32 Foster Road, Chiswick,		London W44NY

						202I	2020
						f.
Total reserves						97l,527	853,185
Less: restricted		funds				(30,124)	(57,798)
Less: fixed assets						(1,506,743)	(1,509,720)
Less: Designated		funds				(118,578)	(40,000)
Add: long term		loans	on residential		&church properties	160,000	160,000
Add: provision	for liabilities					653,571	653,571
Free reserves						I29,653	59,238
Free reserves	requirement:
6 month's budgeted			routine	expenditure		200,000	200,000

				Unrestricted	Restricted		Unrestricted	Restricted
				Funds	Funds	Total	Funds	Funds	Total
			Note	202I	2021	202I	2020	2020	2020
				E			f
	Income from:
	Donations and legacies			589,037	66,236	655,273	487,659	151,627	639,286
	Charitable activities			14,700		14,700	11,351		11,351
	Other trading activities			60,281		60,281	45,267		45,267
	Investments			II		II	105		105
	Other Income			30,000		30,000
	Total Income			694,029	66,236	760,265	544,382	151,627	696,009
	Expenditure on:
	Raising funds			48,306	10,246	58,552	33,430	12,889	46,319
	Charitable activities			531,919	51,452	583,371	440,577	123,754	564,331
	Total Expenditure			580,225	6I,698	64I,923	474,007	I36,643	610,650
	Net(Expenditure)/income			113,804	4,538	I I8,342	70,375	I4,984	85,359
	Transfers between	funds		32,212	(32,212)
,'	Net movement in funds			146,016	(27,674)	II8,342	70,375	14,984	85,359
	.Total funds brought	forward		795,387	57,798	853,185	725,012	42,814	767,826
	Total funds carried forward			94I,403	30,124	97I,527	795,387	57,798	853,185

					Unrestricted	Restricted		Unrestricted	Restricted
					Funds	Funds	Total	Funds	Funds	Total
				Note	2021	2021	2021	2020	2020	2020
						E,			f.	f
Fixed Assets
Tangible Assets				6	1,506,743		1,506,743	1,509,720		1,509,720
Current Assets
Stock					369		369	518		518
Debtors				7	103,296		103,296	36,216		36,216
Cash At Bank And		In Hand			178,995	30,124	209,119	103,579	57,798	161,377
					282„660	30,124	312,784	140,313	57,798	198,111
Creditors - Amounts Within One Year			Falling Due		34,429		34,429	41,075		41,075
Net Current	Assets				248,231	30,124	278,355	99,238	57,798	157,036
Creditors - Amounts			Falling Due
After More	Than One Year			9	160,000		160,000	160,000		160,000
Provisions for liabilities				10	653,571		653,571	653,571		653,571
Net Assets					941,403	30,124	971&527	795,387	57,798	853,185
Represented	By:
Restricted Funds						30,124	30,124		57,798	57,798
Unrestricted Funds:
General					822,825		822,825	755,387		755,387
Designated					118,578		118,578	40,000		40,000
Total Funds					941,403	30,124	971,527	795,387	57,798	853,185

							Unrestricted	Restricted
							Funds	Funds	Total	Total
						Note	202I	202 I	2021	2020
							E.		f	f.
Net cash flows from/(used				in) operating		l4	77,527	(27,674)	49,853	I06,699
activities
Cash flows		from investing		activities:
Dividends,	interest and rents			from investments						l05
Purchase of		property	plant and equipment				(2,122)		(2,122)	(9,313)
Net cash provided			used in investing		activities		(2, I I I)		(2, I I I)	(9,208)
Change in		cash and	cash equivalents		in the		75,4 I6	(27,674)	47,742	97,49I
reporting		period
Cash and	cash equivalents			brought forward			103,579	57,798	I6I,377	63,886
Cash and	cash equivalents			carried forward			I78,995	30, I24	209,I I9	161,377

Income
				Unrestricted	Restricted
				Funds	Funds	Total	Total
				2021	2021	2021	2020
						E.	E
Donations	& legacies
Offerings and donations				465,69 I	2I,279	486,970	5 I3,0I9
French	Connect				27,832	27,832	34,999
Income	Tax reclaimed			80,096		80,096	9I,268
Legacies				40,000		40,000
Grants				3,250		3,250
Alleluia	Project Income				I7,125	17,125
				589,037	66,236	655,273	639286
Charitable activities
Sticky Fingers				I,884		1,884	2,856
Barnabas Music Academy				l2,8 I6		12,8I6	8,495
				14,700		14,700	11,351
Other trading activities
Lettings	income —residential			I0,080		10,080	I3,I80
Lettings	income —Howard		Hall &church	26,346		26,346	7,883
Outings	and other parish events			7,880		7,880	6,248
CARS income				11,433		11,433	I6,452
Other.				4,542		4,542	I,504
				60,281		60,281	45,267
Investments
Bank Interest							105
Other Income - Insurance		claim		30,000		30,000
Total				694,029	66,236	760,265	696,009

.Expenditure	on		Ch	arita	ble	Activities
							Unrestricted	Restricted
							Funds	Funds	Total	Total
							2021	2021	2Q21	2020
							E	f	6	g
Provision of clergy
Common Fund							112,500		112,500	96,575
Other							19,950	19,950	39,900	39,900
							132,45Q	19,950	I52,400	136,475
Church Life &Outreach
Gross salaries							67,022		67,022	65,706
Employer's National		Insurance					3,762		3,762	3,415
Upkeep of services							4,548		4,548	2,152
French Connect								2,681	2,681	5,081
Worship/Organist							5,094		5,094	4,269
Children/youth							2,341		2,341	2,485
Church Weekend										1,954
Music School							11,449		11,449	7,297
Other ministries							2,150		2,150	4,908
Catering & hospitality							1,965		1,965	1,582
Gifts and grants (see			note	4b below)			17,835	22,680	40,515	84,236
Alleluia Project								6,141	6,141
							116,I66	3I,502	I47,668	I83,085
Provision of Office &	Support
Gross salaries							41,070		41,070	40,012
Employer's National		Insurance			(net	of Nl Emp All)	1,518		1,518	1,459
Pension contributions							7,941		7,941	7,592
Staff expenses other							10,230		10,230	7,918
Volunteer expenses							14,499		14,499
Printing, postage	&stationery						518		518	488
Photocopying							1,931		1,931	2,781
Accountancy, payroll			& recruitment				2,180		2,180	4,666
Technology —IT	(communications,					phones, software)	7,357		7,357	7,059
Technology —IT	Support						2,572		2,572	2,304
Technology —sound		& video					2,661		2,661	2,367
Publicity and website			design				6,290		6,290	27,044
Depreciation							5,099		5,099	7,215
Other							2,014		2,014	1,761
							105,880		I05,880	112,666
Provision of Buildings	and		Facilities
Gross salaries							55,537		55,537	53,298
Employer's National		Insurance					2,436		2,436	2,338
Heat„ light &water							21,116		21,116	12,511
Insurance							6,843		6,843	10,855
Repairs & maintenance			&	H&S	& Diocesan interest		87,882		87,882	49,803
Cleaning &waste							1,889		1,889	1,300
							175,703		I75,703	130,I05
Governance costs
Independent Examination				fee			1,720		1,720	2,000
							1,720		I,720	2,000
Total expenditure	—charitable				activities		531,919	51,452	583,37I	564,331

				2021	2020
Gross salaries				163,629	159,016
Employer's National	Insurance	(net ofSMP and Employer's	Allowance)	7,716	7,212
Pension costs				7,941	7,592
				179,286	173,820

. Debtors
	2021	2020
		E
Prepayments	7,834	12,955
Income tax recoverable	27,073	20,312
Insurance claim	30,000
10%deposit for organ restauration	37,057
Other debtors	1,332	2,949
	103,296	36,216

				2021	2020
				E,
Creditors for goods and		services		11,396	19,252
Accruals				19,790	18,535
Other creditors	including	taxation	and social security	2,743	2,788
Rent deposit held				500	500
				34,429	41,075

					2021	2020
					E
Loan	—private	(87 Blythe	Road)		10,000	10,000
Loan	—London	Diocesan	Fund (87 Blythe Road)		50,000	50,000
Loan	—Church	Commissioners		(87 Blythe Road)	100,000	100,000
					I60,000	160,000

				At I					At 3I
				January				Gains/	December
				2021	Income	Expenditure	Transfers	(losses)	202I
				E	E,				E
Organ restoration		fund		32,212			(32,212)
Vicar 8& Churchwardens			fund	11,060	12,979	(14,380)			9,659
Nominated	gifts (to individuals)				8,300	(8,300)
Gifts (French Connect)				5,045	27,832	(32,877)
Nominated	Gifts	(Thanksgiving)		9,481					9,481
Alleluia Project					17,125	6,141			10,984
				57,798	66,236	61,698	32,212		30,I24
				At I					At 3I
				January				Gains/	December
				2020	Income	Expenditure	Transfers	(losses)	2020
				E	E			f.
Organ restoration		fund		7,212	25,000				32,212
Vicar 8 Churchwardens			fund	224	62,195	(51,359)			11,060
Nominated	gifts (to individuals)				1,500	(1,500)
Nominated	gifts (French		Connect)	1,366	41,599	(37,920)			5,045
Nominated	gifts/Thanksgiving			34,012	10,500	(35,031)			9,481
The Goal	Auction				10,833	(10,833)
Total				42,814	I51,627	136,643			57,798

I4.Reconcilia	tion of	net (expe	nditure)/incom	e to net cash flo	w from opera	ting activi	ties
				Unrestricted	Restricted
				Funds	Funds	Total	Total
				202I	202I	202I	2020
Net movement	in funds	per SOFA		I46,016	(27,674)	I I&,342	85,359
Adjustments for:
Depreciation charges				5,099		5,099	7,215
Dividends, interest	and rents	from investments		(I I)		(I I)	(I05)
(Increase)/decrease	in stocks			149		l49	65
(Increase)/decrease	in debtors			(67,082)		(67,082)	(2,355)
Increase/(decrease)	in creditors			(6,646)		(6,646)	I6,520
Net cash provided	by/(used	in) operating	activities	77,527	(27,674)	49,&53	I06,699