2022-12-31-accounts - The Parochial Church Council Of The Ecclesiastical Parish Of St Barnabas Kensington

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For the year ended	3 I De	cember 2022
					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					l2

Vicar			Reverend And Buckler	Reverend And Buckler	From une 2017
Associate Vicar			Reverend H Miller		From July 2017
			Reverend ean-Luc	Ser ent	From Se tember 2020 until Se	tember 2022
Church Wardens			David Sola		(elected APCM 2022)
			Leah Haynes		(elected APCM 2021)
Elected			Samy Mansour		(elected APCM 2018)
Lay Representatives			Stuart Beck Annabel Lea		(elected APCM 2019) (elected APCM 2019)
			Johnny Simpson		(elected APCM 2020)
			Amanda Sharman		(elected APCM 2020, Treasurer)
			Antoine Piquet		(elected APCM 2020)
			Victoire Engome-Eyoum		(elected APCM 2020)
			Zhaleh Gharehgabhlou		(elected APCM 2021)
			Simon Birungi		(elected APCM 2021)
Lay Representatives Deanery Synod		to the	David Park Roger Hall Nicholas Bell		(elected APCM 2020) (elected APCM 2020) (elected APCM 2020)
PCC Representative		on the	Rachel Edmondson		(elected APCM 2018)
School Board ofGovernors
Salaried Personnel	in Attendance
Director ofOperations PA to the Vicar			Chloe Slinger Ruth Beck		PCC Secretary until February	2022
			Gemma	Hill	PCC Secretary from March 2022
Key Management	Personnel
Director ofPrayer	and Pastoral		Care Pippa Fernee		Until November 2022
Director ofWorship			Gilbert	Chellembrom
Director ofOperations			Chloe Slinger
Professional Advisers		and Agents
Bankers			NatWest Banl& pic Kensington, Royal Garden 55 Kensington High Street,			Branch, London W8 5ZG
Independent Examiner			Jacob Cavenagh		&Skeet 5 Robin Hood Lane, Sutton, Surrey SMI 2SW
Quinquennial Inspector			Robert	Shaw Architects 32 Foster Road, Chiswick,		London W4 4NY

			Unrestricted	Restricted		Unrestricted	Restricted
			Funds	Funds	Total	Funds	Funds	Total
		Note	2022	2022	2022	2021	2021	2021
			6
Income from:
Donations and legacies Charitable activities			492,923 12,617	86,700	579,623 12,617	589,037 14,700	66,236	655,273 14,700
Other trading activities Investments			96,557 256		96,557 256	60,281 II		60,281 II
Other Income						30,000		30,000
Total Income			602,353	86,700	689,053	694,029	66,236	760,265
Expenditure on: Raising funds Charitable activities			61,742 529,150	95,796	61,742 624,946	48,306 531,919	10,246 51,452	58,552 583,371
Total Expenditure			590,892	95,796	686,688	580,225	61,698	641,923
Net(Expenditure)/Income			11,461	(9,096)	2,365	113,804	4,538	118,342
Transfers between	funds					32,212	(32,212)
Net movement in funds			11,461	(9,096)	2,365	146,016	(27,674)	118,342
Total funds brought	forward		941,403	30,124	971,527	795,387	57,798	853,185
Total funds carried forward			952,864	21,028	973,892	94I,403	30,124	971,527

				Unrestricted	Restricted		Unrestricted	Restricted
				Funds	Funds	Total	Funds	Funds	Total
			Note	2022	2022	2022	2021	2021	2021
							f.	f.
Fixed Assets
Tangible Assets			6	1,501 819		1,501,819	1,506,743		1,506,743
Current Assets
Stock				732		732	369		369
Debtors				95,754		95,754	103,296		103,296
Cash At Bank And In Hand				226,663	21,028	247,691	178,995	30,124	209,119
				323,149	21,028	344,177	282,660	30,124	312,784
Creditors -Amounts Within One Year		Falling Due		58,533		58,533	34,429		34,429
Net Current	Assets			264,616	21,028	285,644	248,231	30,124	278,355
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				952,864	21,028	973,892	941,403	30,124	971,527
Represented	By:
Restricted Funds					21,028	21,028		30,124	30,124
Unrestricted Funds:
General				852,705		852,705	822,825		822,825
Designated				100,159		100,159	118,578		118,578
Total Funds				952,864	21,028	973,892	94I,403	30,124	971,527

							Unrestricted	Restricted
							Funds	Funds	Total	Total
						Note	2022	2022	2022	2021
										f.
Net cash	flows from/(used			in) operating		14	47,412	(9,096)	38,316	49,853
activities
Cash flows from investing				activities:
Dividends,		interest and rents		from investments			256		256
Purchase	ofproperty		plant and equipment							(2,122)
Net cash		provided	used in investing		activities		256		256	(2,111)
Change	in cash and		cash equivalents		in the		47,668	(9,096)	38,572	47,742
reporting period
Cash and		cash equivalents		brought	forward		178,995	30,124	209,119	161377
Cash and		cash equivalents		carried forward			226,663	21,028	247,691	209,119

ncome
		Unrestricted	Restricted
		Funds	Funds	Total	Total
		2022	2022	2022	2021
Donations Bc legacies Offerings and donations French Connect		378,931	42,059 24,796	420,990 24,796	486,970 27,832
Income Tax reclaimed		93,419	2,000	95,419	80,096
Legacies Grants		20,000 573		20,000 573	40,000 3,250
Alleluia Project Income			17,845	17,845	17,125
		492,923	86,700	579,623	655,273
Charitable activities
Sticky Fingers Barnabas Music Academy		4,433 8,184		4,433 8,184	1,884 12,816
		12,617		I2,6I7	14,700
Other trading activities Lettings income —residential Lettings income —Howard Hall &church Outings and other parish events CJRS income		18,080 58,760 17,095		18,080 58,760 17,095	10,080 26,346 7,880 11,433
Other		2,622		2,622	4,542
		96,557		96,557	60,281
Investments
Bank Interest		256		256
Other Income - Insurance	claim				30,000
Total		&02,353	86,700	689,053	760,265

Expenditure on	C	ha	ritab	le	Activities
						Unrestricted	Restricted
						Funds	Funds	Total	Total
						2022	2022	2022	2021
						E	E	E	E
Provision of clergy Common Fund						112,500		112,500	112,500
Other						20,112	20,113	40,225	39,900
						132,612	20,113	152,725	152,400
Church Life & Outreach
Gross salaries						92,150		92,150	67,022
Employer's National	Insurance					3,603		3,603	3,762
Upkeep of services						3,649		3,649	4,548
French Connect							6,683	6,683	2,681
Worship/Organist						7,435		7,435	5,094
Children/youth						3,318		3,318	2,341
Church Weekend						867		867
Music School						5,706		5,706	11,449
Other ministries						1,039		1,039	2,150
Catering & hospitality Gifts and grants (see	note		4b below)			5,711 31,272	40,171	5,711 71,443	1,965 40,515
Alleluia Project							28,829	28,829	6,141
						154,750	75,683	230,433	147,668
Provision of Office &Support Gross salaries						38,543		38,543	41,070
Employer's National	Insurance			(net	of Nl Emp All)	1,583		1,583	1,518
Pension contributions						8,448		8,448	7,941
Staff expenses other Volunteer expenses Printing, postage & stationery Photocopying Accountancy, payroll & recruitment Technology —IT (communications, Technology —IT Support Technology —sound &video Publicity and website design Depreciation Other					phones, software)	16,342 5,036 804 2,848 2,512 14,578 3,767 2,938 4,924 1,257		16,342 5,036 804 2,848 2,512 14,578 3,767 2,938 4,924 1,257	10,230 14,499 518 1,931 2,180 7,357 2,572 2,661 6,290 5,099 2,014
						103,580		103,580	105,880
Provision of Buildings and Gross salaries		Facilities				54,49'I		54,494	55,537
Employer's National	Insurance					1,937		1,937	2,436
Heat, light &water Insurance						25,133 5,015		25, 133 5,015	21,116 6,843
Repairs & maintenance Cleaning &waste		&	H&S	& Diocesan interest		47,726 1,863		47,726 1,863	87,882 1,889
						136,168		136,168	175,703
Governance costs
independent Examination			fee			2,040		2,040	1,720
						2,040		2,040	1,720
Total expenditure —charitable				activities		529,150	95,796	624,946	583,371

Tangible Fixed Assets
	Freehold	Fixtures,
	land &	fittings &
	building	equipment	Total
		E,
Cost/Fair Value
At I January 2022	1,500,000	85,730	1,585,730
Additions
Disposals		(2,149)	(2,149)
At 31 December 2022	1,500,000	83,581	1,583,581
Depreciation At I January 2022 Charge for Year Disposals		78,987 4,924 (2,149)	78,987 4,924 (2,149)
At 31 December 2022		81,762	81,762
Net BookValue
At 31 December 2022	1,500,000	1,819	1,501,819
At 31 December 2021	1,500,000	6,743	1,506,743

Debtors
	2022	2021
Prepayments	10,497	7,834
Income tax recoverable	44,256	27,073
Insurance claim		30,000
10%deposit for organ restauration Other debtors	37,057 3,944	37,057 1,332
	95,754	103,296

				2022	2021
				E
Creditors for goods and Accruals		services		10,660 44,844	11,396 19,790
Other creditors	including	taxation	and social security	2,529	2,743
Rent deposit held				500	500
				58,533	34,429

					2022	2021
Loan Loan Loan	—private —London —Church	(87 Blythe Road) Diocesan Fund Commissioners		(87 Blythe Road) (87 Blythe Road)	10,000 50,000 100,000	10,000 50,000 100,000
					I60,000	160,000

		At I					At 3I
		January 2022	Income	Expenditure	Transfers	Gains/ (losses)	December 2022
			E			E
Organ restoration fund Vicar & Churchwardens	fund	9,659	1,000 36,334	(35,446))			1,000 10,547
Nominated gifts (to individuals)			4,725	(4,725)
Gifts (French Connect)			26,796	(26,796)
Nominated Gifts (Thanksgiving)		9,481					9,481
Alleluia Project		10,984 30 124	17,845 86,700	28,829 95,796			21,028
		At I					At 31
		January 2021	Income	Expenditure E	Transfers	Gains/ (losses) E	December 2021 E
Organ restoration fund Vicar & Churchwardens	fund	32,212 11,060	12,979	(14,380)	(32,212)		9,659
Nominated gifts (to individuals)			8,300	(8,300)
Gifts (French Connect)		5,045	27,832	(32,877)
Nominated Gifts (Thanksgiving) Alleluia Project Total		9,481 57,798	17,125 66,236	6,141 61,698	32,212		9,481 10,984 30,124

										2022	2021
										E	E
Not Later	later than	than one	one year	year and	not	later	than	five	years	1,296 1,296	1,296 3,888
										2,592	5, 184

I4.Reconciliat	on ofnet (expen	diture)/income	to net cash flow	rom operat	ng acv	es
			Unrestricted	Restricted
			Funds	Funds	Total	Total
			2022	2022	2022	2021
				E	E	E
Net movement	in funds per SOFA		11,461	(9,096)	2,365	118,342
Adjustments for: Depreciation charges Dividends, interest and rents from investments (Increase)/decrease in stocks (Increase)/decrease in debtors Increase/(decrease) in creditors			4,924 (256) (363) 7,542 24,104		4,924 (256) (363) 7,542 24,104	5,099 (I I) 149 (67,080) (6,646)
Net cash provided	by/(used in) operating	activities	47,412	(9,096)	38,316	49,853