## ## |
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|