www.stbk.org.uk
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL
PARISH OF ST BARNABAS KENSINGTON
Diocese of London
Charity Registration Number: 1133985
Reporr & Accounts
31 December 2023

ST BARNABAS, KENSINGTON
Legal and Administrative Information
For the year ended 31 December 2023
Page
Le¥al and admlnistrative inforn)atio
Report of the Parochial Chur¢h Council
Audltor's report to the Parochial Chur¢h Counc•l
Statement ol flnan<Sal activities
io
8alan¢e sh••t
Ststem•nt of Cashllows
Not•s to the flnanclal stat•m•nts

ST BARNABAS, KENSINGTON
Legal and Administrative Information
For the year ended 31 December 2023
Charity Name
The Parochial Church Council of the Ecclesiastical P¥i5h of Sr Barnab￿ Ken5in8ton. The Parish was established in l 858 and 15
charity wthich w#$ forrnalty registered with the Charity Commission Ort 2 February 2010. The registration number 1$ 1133985.
Principal Addrèss
St Barnabas Church. 23 A¢Jdison Road. London W14 8LH
Members ofthe PCC
The PCC who seThed durin8 the year and who wtrt str¥ing at the thte of thi$ report were..
Vicar
Reverend An P4JckJer
From
une2017
A5S0Cl*t¢ Vl<ar
Reverend H Mil￿r
From luty 2017
Church Wardèni
Day￿ So
Audrey Linton
(elec￿ APCM 20231
(elected APCM 20231
Elected
Lay Repr*s*ntatives
my Mansour
S(uart Beck
Annabel Lea
johnny Simpsofi
Amanda Sharm
Zhakh Ghirehb4hbo
Simon 8iru
Paiti Want
Arem Ku¢41
DavKI Trodden
Leah Hiynt5
Doty Chri¥van
Antoint hqvet
V*toire Engome-Eyourn
lekned APCM 20211
(elected APCM 20221
{elec￿d APCM 20221
lelecied APCM 20211
(elected APCM 2023
(elected APCM 20231
lebÈct¢d APCM 20221
Idected APCM 20231
Ide¢ted APCM 20231
{ekrted APCM 20231
(resi￿ed APCM 20231
Ires￿e￿ APCM 20131
Ireswied APCM 20231
Ireswied APCM 20231
Lay Representatives to the
Deanery Synod
David Park
Roger Hall
NKhotss Bdl
lelt(ted APCM 20231
lelected APCM 20231
(elected APCM 20131
PCC R*pr¢stntative on the
School Board of Governors
Ra¢hel Edmondson
Ini)mMated by PCC 20221
Salaried Personnel In Attendance
Dir*ttor of Optrations
PCC S*<r*tary
Chloe &inger
Heather Kdby
K•y Management Personnel
Director of WorshFp
Director of Operationi
Gilben Chdkniknm
Chloe Sinyr
Professional Advisers and Agents
8ankerg
Natwest &nk pk
Kensington. Ror41 Garden 8raoch,
55 Kensingron Streec London W8 SZG
Audltor
Jacob CavenJ8h & Skerf 5 Robin Hood Lane, Sutton, Surrey SMI 2SW
QUlnqyenni￿ Inspector
Rotert Shaw Arthitects 32 Foster R￿d. Chi5wKk London W4 4NY

ST BARNABAS, KENSINGTON
Report of the Parochial Church Council
For the year ended 31 December 2023
The Parochi21 Church CouTrcil of the Ettle5iastical Parish of St Barnaba5 Kensington I'"PCC"15ubmits reporr and the financial
statements of the PCC for the year ended 31 December 2023_ The financial su¢ements have been prepared in the formac
prescribed by the Statemenr of Recommended Pracuce-. Attounting and Reporning by Charities ISORP2015 IFRS10211 and the
Financial Reporting Standard 102. The legal and administrdvve infornuuon set ouc eartier in this documenr lorms part ol rhis
report.
The PCC co-opera*5 with the incumbent irt promoting the 7•knolt mission of the Church within its Parish and beyond. It a150
ha5 responsibilicy for the non-stipendiary sraff and the mainienan¢e of St Barnabas Chureh, the Vicarage and the <lerKy houses at
17 Devonport Road and 87 Blythe Roa*J. lfi e55ence the PCC bs a Consultative body th*t represents the views ol the congregation
as well as its own. It Should communi¢ate, where appr0pna￿. any decisions of the PCC or its committees ro the ¢hur£h,' oversee
arbd advise in the financial affairs ol the church.. prny and ¢hampion the ¥￿•0￿ for the church.
l. Structure, Governance & Management
1.1 The Gov•rnlrTr¥ Document
Paro¢hlal Church Council Powers Measure119561 as amMded and Church Representation Rules.
l.Z Truste•J
The PCC is a body corporate with perpetual Success￿￿. The PCC meeu approximacefy 6 times per annum co discuss a lull range
01 rnat¢er5 relaiing to finance, fabric. general administratyon and responsibiltty lor keeping of the Elettoral Roll. Members of the
PCC are either ex Offic￿ or elected by the Annual Arochial Church Meeung IAPCMI or ITh attendance in accordance with th•
Church Represenratlon Rult5.
The induction process for any indi¥iduil newty-appointed ro the PCC conwses an inirial meetin¥ with the Vie4r and receipt ol
Copies ol..
rhe m¢sr recent finaTrcial ￿￿teMentS
the Charity Commissioh'$ guidance 'The Essential Trustee.
• the booklei 'Tru5¢eeship.' An Inrrodu¢uon for PCC Members.. produced pintly by tht Charity Commtssion and the
Archbishops. Ctsuncil
• attending the Kensington Ew'scopal Area induction for new Church officer3
1.3 Star*dln8 Commltte¢
This is the only commitiee required by law. It has power to transart the business of the PCC be￿ert irs meetings, 5ubie¢r to
any diretoons given by the PCC.
Revd. Andy Buckler Ivtcarl.. Revd. H Miller IAswci*te Vicar}: David Trodden (freasurerl.. Chloe Slingtr {Direttor ol Operations)..
David Sola (Church Warden)..
1.4 Church Att¢ndanc•
The electoral roll 1$ tornpletety reviewed and revised once every *x yeark In 2023 the *lt¢toral roll stood ai 297.
1.5 Risk Management
The PCC'S primary concern and objecuv¢ is the discipling of individua15 for the glory of God. Whilst li is the PCC'5 policy to trust
wholly in the Lord that He will work out Hi5 purpose to this end, the church also acknowledges thai IE has a responsibility. both
as indNidual Mernbers and as a body of Members for the identification and proper rnanagement of nsks fJeed by the PCC in
achieving its primary airn. The PCC ha5 therelore assessed the major risks to whi¢h the PCC is exposed. in particular those
relating w the 5pectfic operauonal areas of the chariry. its investments and its finance5. The PCC believes thaL by mon¢toring
reserve leve15. by ensuring that contro15 exi51 over key financial sysrem% and by examining the op¢rauoAal risks faced by the
church. ic has established effecvve systems and procedure5 to mitigate those ri5k5.
1.6 Safeguarding
The Safeguardin8 Sratement #$ proposed by the London Diocesan Fund agreed and adopred by the PCC on 22nd May 2023.
Melenda McLean was reappoin*d a5 Children's Champion and thvid Park w35 reappointsd as Church SafeguardtTrg oificer ICSOI.

ST BARNABAS. KENSINGTON
Report of the Parochial Church Council
For the year ended J l December 2023
2. Objectlves, Activities & Strategies
2.1 Obj*¢tive
Promoting in the ecclesiastital parish the whole mission of the Church.
2.2 A¢tivitl•s
The PCC has giveft due regard w the Chanw Commissi005' guidance on public beTrefiL To this end the PCC orKafiises the
following activities in order to enable ordinary people ¢0 live out their faith as pan ol our parish communiry..
worship and pr4ytr
learnin8 about the Gospel. and ifs erwdgemeni the iftsigh(s and values ol contemporary 50ciery. and irs dialogve
with those of other lairhs. or none- and infom)ing the resolve to live according to the mind of Chrisi. {ICorinthian$ 21
provision of paswral Care lor pEople livin8 in the parish
support for outreach and works ol compassion
3. Rtylew of the Year
2023 was marked by a dynamic of ¢ommunity buildin8 a5 we welcomed old and new to atsr four servlces I9am,
10.30•m, French Connect and Create), which have begun w grow again following the thallen8e of the pandemic.
The grovrth ol the electoral roll ha5 echoed this Iii now srand$ 41 2971. Durin8 the year. we ran two Alpha courses. with the
second lin Octoberl in English. French and Farsi. A particular loy was w bt able to welcome IraniaTrs. and ITh addirion rl) Alpha
over the 5urnmer period we ran a 3-monrh loundati0n#l course enrirled "Al Massira" aimed at helping people Coming Irom a
M051em back¥round to undersrand the Chrisu•rt f4ith.
Teaching In the first 9uarter strvicts was on the theme of'walkn'ng with Jesus" boking at the Gospel ol Mark. During this period
Creare f¢llowed rhe thernes"Conver5auon with God" and"Beaury" In February we were privile8ed to h05t the official welcome
service ftsr Bishop Ernrna, who returned in March for a confim)auon s¢rvi¢e. In March. over IBO people gathered at High Leigh
Conference Centre for special Church weekend- the firsi since the pafidemic- on the therne "Together" broughE alive by our
gue5¢ speaker, Glyn lone5. The run up io Easter was m•rked by a part*¢ular focus on prayer. with special 24-7 prayer $tarioft$
allowing people to meditate on the last words of jesus on th¢ ¢roM. These wtre further explored in the Good Friday servi<e
¢hrough readin8s and rnusic. This then led io a particulady joyful celebration on Easter Sunday. Other norable celebrarions Included
PentecosL l-year and S-year anniversaries for Cre*(¢ French ConnKt respecovely. and a wonderful Barnab4s weekend in
lune.
During 2023, our I￿al outreach continued through regular activiues such as weekly Soft Play. monthly midweek concerrs, cermly
Fatnily Fun Days, monthly Gi8 Nights, a L￿hr Parry on 31st Oewber and two Alpha courses. Our wider rnission focus was
enriched as we wel£orned Speakers from IIM. Compassion UK and London City Mi55ion, a5 well a5 receiving Visits from European
groups frorn Austria, Germany. Swirzerland. and in parncular from France. Groups visited us in February and then In October
from seven differenr French local churches as part of the Projet Zacharie.
The summer period brought staff changes as we were joined by Grace in lune as Curl￿ and Amédee a5 lay pastor in September.
During the Autumn we finalty saw physical evidence of the starr of the building projett as the organ wa5 removed for resroraEion
in workshops over the next 6 months. Our preaching series entided "Openirbg Ooor5' echoed the project and invited us to
explore the spiritual 8rounding that was inspiring the pmpcL As thÈ ytar Concluded. parricular highlighu were the All.Age
Christmas service and Carols by CandlelighL together * wonderful reminder of the generous faithfulness of God.
Over the course gf tht year we had 23 bapti5m5 {6 child, 17 adult). I child dedic*fiOn. 8 ¢onfirrnauons, 2 fvnera15 and 2 weddings.

ST BARNABAS, KENSINGTON
Report of the Parochial Church Council
For the year ended 31 December 2023
4. Financial Review
4.1 Financial Activity and Fin•nclal Posltlon
The PCC 5 fflain 50urce5 of funding are the free will offering5 of church rnernbe￿ renral income Irom residenrial pr¢)p¢ryi¢s and
letunss income frorn the hiring Ollt the church buildings.
The Sta¢ernen¢ ol Financial Activities and Balance Sheer can be found on pages 10 ind I I r¢spectiv¢ly. The Church s re5er¥es
increased by £424.358 during rhe rear12022'. increased by L2.3651. The balanct sheet show$ totsl net asset5 of £1,398,25012022..
£973,892). Cash balance5 increased by £310.287 {2022.' incr¢ased by 13&sn).
Included in to￿1 lunds are am¢*vnfs toulling 1298.76312022.. £21,028) which are restricted. These balances have either been
raised lor, Ind their use restntted ro. specifi¢ purposes. or they ¢omprise donations Subject to donor-imp05ed condiuon5. Full
det2115 of these r¢styi¢ted funds ¢4n be found in fiote I I to the acc¢xnts ¢08ether with an anatysi5 of moYement5 ITh the year.
Income for the year amtyjnfed 10 £1,222.15712022.. £689,OS31. Expenditure in 2023 was 844.250 (2022.. £686.6881. The 14rgest
elemtnt ol expendirure, apart frorn expenses related to the Opening Doors ProjecL was direci sDff cosrs. which am¢svnted 10
£188,73412022.. 12CK),7581. We have continued to give w our mlssson par￿er$ and other Chrisuan charitses and individuals. In
2023 we gave £48.09912022 £71.4431 and COn￿bUTed £ 115.87512022.. £112.StsJl to the Dits¢¢￿￿ Commo# Fund.
4.2 R•MnTes Policy
The PCC has examineé rhe requirements for free reserves. i.¢. those unreSrric￿ lunds not invested in tanwble fixed a55ets or
designated by the PCC for parrictslar pmjecu. The PCC ¢•nsi*Jers thac given the nature of the church'$ work, free reserves
should be equivalenr fo approximately 6 m¢nths' rouun¢ gtnernl fvnd expeTrdtcure. plu5 committed future expenditure on other
projeccs. where lunds permit. Th¢ PCC is of the Opinion that thi5 provide5 sufficient flexibility w cover temporary shortfalls in
In¢ome will allow fhe church to <op¢ and respofid ¢0 unforeseen emeryencie5 whilst specifK action plan5 are implemenred. At 31
December 2023 the ¢hur¢h had n¢1 Iree reserves of L254.2CQ12022.. £164.457) as lollow5'.
2023
2022
Total r¢ser**s
Less.. restricted lufids
Less.. fixed 4$5ets
Less.. Designated fund$
Add., long ¢erm loan5 OTh residential & church properries
Add.. provision for liabiliues
1.39e.2SO
1298.7631
{1,612.246
1100.1591
160,000
707,120
973,892
121,0281
IIOO.1591
160,ly)O
653,571
Free reserves
254,200
164.457
Free reserves requiremenL"
6 monih's budgeted routine expenditure
200.000
200,000
The PCC is aiyare thar free reserves tan be below the free reserves requiremenL The PCC is Seeking ¢0 build up reserves in
such a way rhai minimises the impaci of the current operations Ol tht ¢hur¢h. To thi$ e*d the PCC ha5 made a standing
commirmenr to budget for sUccess￿e annual minimum SU￿￿$¢$ ol appro¥irna*ly £10.￿0 {based on con5erYatyve income
proiecuons at the of each ¢•lertdar year)-
4.3 Investment P(*li¢y
Fun¢Js in exce55 of immediatr working capital requirement are placed tn a bank deposit account

ST BARNABAS, KENSINGTON
Report of the Parochial Church Council
For the year ended 31 December 2023
5. Plans for Future
Future plans ol acuon locu5 on reali5in8 the rni5sion ol St Barnabas as arriculated in our vision statemenL
St Bamab2s is called to be a kingdom communi
wel<omin8 in It$U5' narne.
growing together in discipleship.
stepping out in Gods mission w all narions.
As we look ahead. we sense God callin8 us into a new phase of our ministry and Mis￿On. He is preparing us for new growth, not
only in numbers bur also in depth and missional reach.
In order to prepare for thi5 and invest in future developmenL we are loo￿nI lorward to new people joining our stam team in
sumrner 2024. and the realisarion durtTrg 2024 01 an ambitiou5 Capital project'opening Doors" that aim5 to bring our building5
into line with our vision. Thi5 project involve5 creating 5tep-free access to the church through a rdmp into the north door and
internal lifts. the complete resroration ol the organ as part of a new phase of cultural wstness and outreach, and the installation
ol new heauThg ind lighung thai will be more eificieni and environmenrally responsible.
Alongside this we are lookn'ni to build on the inter-culwral identyty ol our church a5 Wt develop a role in resourcin8 and
encouraging the renewing and revival of churches in Europe.
Through these and oiher activiiies we ire aiming ro en•ble members of the ¢hur¢h w be •mhssadors Of God's klngd¢m,
particulady (hrough developing a ¢ulrure of inviraiion and welcome.
6. Responsibilities of Trustees for the Financial Statements
The PCC Is responsible for preparing the report Ind the fin3nci21 statemenu in accordance with applicable law and Unlted
Kingdom Generally Accepted Atcounung Pra£Dc¢. Charity law in Éngland and Wales rÈ9uires the PCC to prepare financial
srar¢m¢nrs lor each tinanci21 yearwhich give a uue and labr view of the srale olaffairs ol the PCC ind ol the income and applicatlon
of income of (he ¢h)riy for thai penod.
In preparin8 those finan<ial sratemenu. the PCC 1$ required to..
select Suitable accounting policies and apply them consis￿ndy..
observe the methods and principles ol the Charities SORP
make judgemenu and ¢srtm•t¢s that are reasonable and prud¢ffi
state whether applicable accoununi standards have been followed. Subject to any departures disclosed and explained
in the financial ststemeThts'. and
prep2re the finincial Sta￿meTh￿ on the going ¢*)ncern basis unless it is inappropr￿￿ w presume that the activiries ol
the charity will conunue.
The PCC is responsible for keeprng adequafe #ecounfing teeords which disclose with reasonable accuracy at any rime the f￿nanCIal
position of the charity and enables Ihem ro ensure that the financial 5ratements cornply with the Charitie5 Act 2011, che Charity
(Accounts and Report51 Regulauons 2008 and the provisions of the governing document The PCC 15 a150 re5pon5ible lor
Safeguarding the assets ol the charity and hence for taking reasonable step5 lor the prevention and detection of fraud and other
irre8ularityes. The PCC is re5POn5ible for the Main￿anCe and in*yity of the charity and financial information included in the
charity's website.

ST BARNABAS, KENSINGTON
Report of the Parochial Church Council
For the year ended 31 December 2023
7. Approval
The report of ¢ht PCC was ipproved by the PCC on Marth 2024 Iné signed on iu b¢h*lf by..
Revd. Andy Buckler
Chalrnian

ST BARNABAS. KENSINGTON
Report of the Auditor to the Parochial Church Council of St Barnabas, Kenslngton
We have audited the financial statements of S¢ Barnabas Parochial Church Council lthe"PCC"I for the year ended 31 December
2023 which <ornpri5e the Sta*rnent of Financial Activitie5, the Balance SheeL the Statemenr of Cash Flow5 and notes to Ihe
rinancial sta¢ements, includinz a summary ol significant accounEin8 policies. The financial reporring framework thar has been
applied in their preparntion is applicable law and Unired Kingdom AccounEing SDndards. including Financial Reporong standard
102.. The Financial Reporring Stsndird applicable in the UK and Republit of Ireland Iunited Kingdom Generally Accepted
Accounung Practice).
In our opinion, the financial 5taternen¢s'.
give a true and fair View of the stste ol the PCC'S affairs as at 31 De¢¢mber 2023 and of its incoming rt$tsur¢es and
application of resources for the year rhen ended..
have been properly prepared in accordance with United Kiogdorn Generally Accepted Accounting Practice.,
have been prepared in accordance with the requirements of the ChariDes Act 2011.
Basls for opinlon
We conducted our ludir in accordanee viith In￿mIll￿n*t Sund¥rds on Audi¢in8 IUKI IISAS IUKII and applicable law. Our
respofisibilifies under those standords ar¢ furthtr described ifi the Audiwr's re5pon5ibilirie5 for the audit ol the financval
sratemenu sec¢ion of our repon. We are i*d¢￿ndeNt of the PCC in accordance with the ethtcal requirements that are rele¥ant
our audi¢ ol the finantial $tattmtnu in the UK. in£ludin8 the FRC'S Ethical Standard and we have fulfilled our other ethical
responsibilities in a¢<ordan<e with th¢st rtquirement5. We bel*e¥e that the audit evidence we have obtained *$ sufficient and
appropria¢e to provide a basi5 for our opirbiofi.
Conclusions relatlng to 8oin¥ concern
In auditing the finlneial staiemenrs. we have concluded th•¢ the PCC members. use pf the 80in8 tontern basi5 of accounting ITh
the preparntlon ol rhe fin*fi¢ial Stsftments is appropria￿.
Based on the work w¢ have performed. wt have not identyfied any material uncffiaintie5 relating to events or condition5 thar,
Individually or collectively. may cas¢ significanr doubl on the PCC'5 ability to continue a5 a going concern for a period ol at leasi
12 month5 from when the finantial statements are authorised lor issue.
Our responsibilities and the responsibilitie5 01 rhe PCC members with respecr to ￿Ing concern are described in the reltvanc
sections of Ihis reporr.
Other Informatlon
The other irtformatlofi <omprises the inforn)a(ion included in the annual repor( includin8 the PCC members. report, other than
the financial statements and our audiwr 5 report thereon. The PCC mernbers are responsible for the orher inlormaiion
contained within the annual reporL Our opinion on the financial sutements does not coyer rhe other informarion and, excepc
to the extent otherwise explicitly stated in our repor( we do not express any form ol assurance ¢on¢lusion Ihereon.
Our responsibiliry is to read the other iThformarion and. in doing X*. consider Trwhether ihe other inf¢rmavon is materially
inconsisient wirh the financial Sfarements or our knowledge obtained Trr* th¢ course tsf th¢ audiL or otherbVi5e appears w be
materially misstated. If we idefitity such material inconsistÈnciÈs or ipparent maierial rnis5ta¢ements, we are required to
deiemline wheiher this yves rise w a material misstatèment ifi the financial sta¢trnen(s thern5elves. If. based on the work we
have performed, we conelude thai thert 1$ 4 ma¢erial rni5sraterneni of thi5 other information, we are required to report that
fact.
We have nothing to report ITr rhis regard.
Matters on which we are required to veport by exception
In ¢h¢ light 01 the knowledge and undersranding of the PCC Ind ￿$ environment obtsined in the course ol the audi¢ we haye
no¢ identified mat¢ri•l missfatem¢nts in the PCC memb¢rs' r¢porL
We have nothing to report in respect of the following rnatters in relation to which the Chariues (Accounrs and Reptyrysl
Re8ulatyons 2￿8 require5 US to report ¢0 you il. in our opinion..
the infom2ti0n given in the PCC members. report is in¢onsist¢nt in any ma*rial respect with the financial
sta¢ements,' or
sufficient accounvrbg rerords have noi been kepL or
the financial 5tstem¢nfs are not in agreement with the accounting records.. or
we hav* ftot re¢ei¥ed all the information and expknarion$ we require for ¢x4r audiL

ST BARNABAS, KENSINGTON
Report of the Auditor to the Parochial Church Council of St Barnabas. Kensington
Re$ponsibllltles ol the PCC members
A5 explained more fulfy tn the PCC rI￿berS respon5ibilives 5(atemenL the PCC member5 are re5poTrsible for the preparation
of the financial 5ta¢ements and lor bein8 5at15fied that they give a true and fair view, and for such internal control as they
determ*ne is necessary to enable the preparation ol financkil statements that are free from material mis5taternenL whether due
frdud or error.
In preparing the financial st8￿men￿ the PCC members are responsible for aHes*ng the PCC'$ abblity to ¢onrinu¢ as a gtsifji
eonrern. dis¢losin& 35 applicable, rn2ry¢rs rela￿￿ to going ¢on¢ern and tht going ¢on¢ern basis of accounvng unless the
PCC members either intend to liquiijate the PCC or to ¢eas¢ operation& or have no reajisvc al￿rnative but to do $0.
Auditor's responsibilities for the audit olthe financial st*tements
We have been appoin¢ed a5 auditor under se¢vpn 145 and report in a(cordaThct with the Att and relevanr re8ula¢ions made or
having effect thereunder.
Our obje£rives are to obtsin reasonable assurance about whether the ffinancial STacements as a whole are free from material
missurement. wherher due ro fraud or error, and ro issue an audiwr's report that iThcludes our opinion. Reasonable assurance
is a high level of assurance bur ts noi a guaraTh￿ thaf an audii conducfed in accordance with ISAS IUKI will always derecr a
mattrial missra¢tm¢nt wh¢n li exists. Missratements can anse from fraud or error and are considered material if. individually
r in the aggrtKate, they <0uld reasonably bt exp¢¢i¢d to influefice the e¢onomi¢ de¢isK*rts of users t•ken on the basi$ Of these
financial $ta¢emtnrs.
The extent to which our procedures are capable ol detecting irregularities. including fraud is detailed below..
Based on our undersrnndinx of the charity. we identified that the principal risks of non-Com￿lInce with laws and regulation5
related co employmenL financial reponing legislauon and health and safey regularioTrs and we considered ihe extent io which
0n.¢ompliance mighc have a material effeci on rhe financial Sraremenrs. We also cons(dered those laws and regularions thar
h*v¢ a dire¢t Impact on the pr¢parnfion of the financial sfaremenrs su<h is the Charities Aci 2011.
We as5es5ed the 5uscepisbility ol the charity's financki15tatements to material mi55tatemenL SThtludtniobtainin8an understanding
ol how fraud mi8h¢ occur, by rnakinz enquiries ol managemenL ¢Qll51derirbg the in￿rnal ¢ontrols in place and di5CU55ion amongst
the enga8ernent tearn. We determined that the principal risk5 were related to maTra8ement bia5 in accountin8 e5timate5.
valuation ol property, presentation o15eparately disclosed items and management override ol controls. In response to the risks
identified we des18ned procedures which included but were not limited to challenyng 518nificant accountln8 estimates such as
valuarion ol propery. agreeing finincial statement dssclostsres ro undertying supporring documentation. identifying and testing
lournal entri￿, reviewing PCC meering minutes and evaluarini the charity, internal controls.
There are inherent limir•tions in the audit procedures des¢ribed above. The more removed rhai laws and regulauons ar¢ from
financial ¢ransac¢itsns, the less likely it is thai we would become aware of non.¢¢mpliance. Material missratemenu ¢h#r arise due
to fraud ¢an be harder w dete¢r than thos¢ tha¢ ¥ris¢ from ¢rror is they may Involyt deliberyd￿ ¢on¢ealmeni or tollvsion.
A further description ol our responsi￿511•e5 lor the audi¢ ol the financial statements is located on the Financial Reportin8
Council's web51te at Iwww.Irc.or&ukJauditorsresponsibiliuesl. Thi5 dt5CriPtion forms part of our aud¥tor's report.
Us• ofour report
Thi5 report is made solely to the PCC members. #s a body, in arcordance Part 4 of the charitie5 IAccounts and Report51
Regulations 2CQ8. Our audit work has been underraken so tha¢ we rni￿t 5¢ate to the PCC rnembers, those rnat￿r5 we are
required to 5¢ate to them in an auditor 5 report and for no other purpose. To the fulle5¢ extent perrniited by law, we do no¢
accept or assume responsibility to anyone other than the PCC and the PCC rnember5 35 a l>ody. for our audit work for this
report. or lor the opinions we have formed.
Jacob Cavenagh & Skeet
Statutory Auditor
Chartered A¢¢ourt¢an¢s
5 Robin Hood Lan¢
Sutto
rrey
SMI 2SW
cob C¢7venogh & &keet 15 ehgible fv opwnunent 05 uuditorofthe Kcty tnroje o[it5 ell￿bil￿ fv opw'fttrytent 05 ouditor of u compony
under secion 1212 of the c(KnI￿nIeS Aa 200&

ST BARNABAS, KENSINGTON
Statement of Financial Activitie5 (including income and expenditure account)
For the year ended 31 December 2023
Unrestricted Restiirted
Funds
Funds
1023
2023
Unrestrlcted Re$¢rlcted
Funds
Funds
2022
2022
Total
2023
Total
2012
N(+te
In¢ome from:
Donations and legacies
Charitable activitie$
Other trading acrbvities
Investments
517,518
12.471
133,092
2.305
551594
1.070,112
12,471
133,092
6,482
492.923
12,617
96.5S7
256
86.700
579.623
12.617
96.557
256
4.177
Total Incom•
665,386
556.771
1.222.157
602.353
84.700
689.053
Expenditure on:
Raising funds
Charitable activities
7l793
486.421
7&793
76S.4S7
61.742
529.150
61,742
624,946
279.036
95,796
Total Expendltur•
505.214
279.036
144.150
590.892
95,796
686,688
Net(Expendl¢ureylncome
100.172
Z77.735
377.gQ7
11.461
(9,096)
2,365
Transfers between funds
Other 8ainslllos$esl
6.10
46.451
46.451
Net mov•m•n¢ In lunds
146.623
277.735
424.358
11.461
(9,096)
2.365
Total luThds brou8ht forward
9S2.864
21.028
973,892
941,403
30.124
971,527
Total funds carried forward
1.099.487
298,763
1.398,250
952.864
21,028
973.892
io

ST BARNABAS. KENSINGTON
BALANCE SHEET
As at 31 December 2023
Unrestricted Res¢ri¢¢ed
Funds
Fund5
1023
2023
Unrestricted Restricted
Funds
Funds
2022
2022
Totat
2023
Total
2022
Note
Flxed Assets
Tangtble Assffls
1.612.248
1,612.248
.501.819
1,501,819
Current Assets
Stock
Debtors
Cash Ar Bank And In Hand
527
527
118.S19
557,978
732
95,754
226.663
732
95,754
247.691
2S9.215
298.763
21,028
37&261
298.763
677.024
323,149
21,028
344,177
Creditors . Amounts F￿11￿8 Due
Wlthln One Y*ar
23.902
23.902
$8,533
58,533
N*t Curr•nt A55eti
354.359
298.763
653.122
264.616
21.028
285,644
Crnditors- Amount5 Fallin8 Du•
After More Than One Year
I60.￿)
160.tsXI
160.000
160,000
Prov151ons for Ilabilitles
10
707.120
707.120
653,571
653,571
Net Assets
1.099.487
298.763
1.398.250
952,864
21,020
973,892
Repres•nt•d By:
Re$¢rictod Funds
Unrestricted Funds..
General
De5ignared
298.763
298.763
21,028
21,028
999.328
100.159
999.328
ICKI,159
852,705
100.159
852,705
100,159
Total Funds
1.099.487
298,763
1.398.250
9S2,864
21.028
973.892
The financial statements were approved by the PCC on 18th March 2024 and si8ntd on its behall by..
David Troddon
Treasurer

ST BARNABAS. KENSINGTON
STATEMENT OF CASHFLOWS
For the year ended 31 December 2023
Unrestricted R¢stric¢td
Funds
Fund$
2023
2013
Total
2023
Total
ZOZ2
Note
Net cash flows froml(used In) 0￿￿ting
activities
14
45,310
273.558
318.868
38.316
Cash flows from investin8 artivitiès:
Dividtnds, iniere5L and rents from invesrmenu
2.305
4.177
6.482
256
Purchase ol property plant and equipment
15,0631
115.0631
Net cuh providedl {us¢d In) 5nwertlnz Xtivitles
(12.758)
4.177
(8,581)
256
Chan¥e in fash and cash equSval•n¢s In th•
r￿orting perlod
32.552
277.735
310.287
38.572
Cash and cash equlvalents brou¥ht forward
226.663
21.028
247.691
209,119
Cash and cash equlvalents Carr1￿ lorward
259,215
298,763
557,978
247,691
12

ST BARNABAS, KENSINGTON
Notes to the Ftnancial Statements
For the year ended 31 December 2023
. Accounting Policies
The principal aetounting policies adopted. judgements and key soUf¢ts of estimation uncertainry in the preparauon L)1 the
financi21 statements are as lollows..
Basls of a<counting
The financial S￿reMentS have been prepared under the Charityes Acr 2011 and in atcordance with the Chariut5 Statement
ol Recommended Practice Ichariiies SORP IFRS 10211 and Finincial Reporung Standard 102 (FR5 1021. The financiil
$taternents are drawn up on the historical cost basis of accounong excepi ffor the revaluauon of freehold land and buildings
which are shown at market value. The ¢h*rity prepares its financial stattrnents in pounds S¢eding. rouTrding to rhe
nearest C.
The finlncial 5¢3tements include all rrartsacuons. assets and liabilive5 lor which the PCC is responsible in law. They do not
Include th¢ accounts ol church groups tha¢ owe an aifiliarion w #Nother bo¢ty or those tha¢ •re inforrnal gaiherings of ¢hurch
members.
The PCC meets the defifiivon of a public bel￿fir eniiy under FRS 102.
Going Concern
There are no maienal vnctruintits about the ¢h•rity'$ ability to continu¢ ind accprdiThKty the accounts have been drawn up
on a going concern basis.
Income re¢ognltion
Volunrary In¢orne and donatsoTrs lin¢luding Wtie5I are aecounted for once the PCC has enudement to the income, It 1$
probable Che intorne will be received. and the amounc ol income receivable can be reliably measured. Income from the
recovery ¢f rax on 8tft aided don2[￿n$ is accounted for in the period to which the relevant donation is recelved. Grant
income is recognised OTr a receivable basis.
The income Irom trading activifies include5 rental income from the It￿'TrI ol church premises and freehold land and buildinv
whi<h 1$ accounted for when earntd. It is shown grom. with the a550cla￿d costs included in fundraising cosrs.
Inceresi on funds held on deposit is included when rec¢i*dble and the arnouni can be measured reliably by the ¢hariry' this
Is normally upon notificafion of the interest paid or payable by the ban
Expenditurè recognition
Expendirure is 2c¢rved as 500n as a liability is coh$idered probable. and the arnount of obligauon can be rneasured reliably.
Longer term Iiabiltu¢s are discounted Eo present value. The PCC is noi registered for VAT and accvrdingly expendirure
includes VAT vihere appropnate.
Expenditure ineludtd in Raising Funds in¢ludes amounts incurred in pbtainin¥ granrs and +xher donatioTrs and property
rnainienance cost&
Charirable expenditure includes those ¢o5¢s in luifilling the PCC'S pnTrcipal objecrs. as oudined in the Reporr of the PCC.
These in¢lvde 8rants payable. govemanee costs and an apporrionment of support cosu.
Grants payable are payments rnade ro third parue$ in fitrtherance of th¢ PCC'S objects. In the case of an uncondiEional
grant offer this is accrued once the recipient has been notified of the grnnt award. The notification give5 the recipien[
reasonable expettation that they will receive the y3nL Gr4nts award5 that are subject ro the recipient luifillinz
performanee ¢onditlOn5 are oTrly accrued when the recipient has been noufied of the granL
Governance costs comprise all costs involvin8 the public 2tcountabilo of the PCC and irs compliance with regulation
and g¢)od practice. These costs in¢lude costs related to the audrc and legal lees.
J3

ST BARNABAS, KENSINGTON
Notes to the Financial Statements
For the year ended 31 December 2023
l. Accounting Policie5 (continued)
The PCC ¢cMtributes to certasn employees. personal pension pL4ns. These are defrned ¢onrribution Kherne5, the a55ets of
which are held separatety Irom those of the charity. The cost in the accotsnrs is the amount oftofirribuvons paid and payable
during the year.
Renta15 under operating leases are charged as incurred over the term of the lease.
Tangible Ftxed Assets
Consecroieé Property ond MovedNe Church Fumthn
Consecrated land and benefi<e property Suth as the church buildingand vicarage is excluded from the a¢COUftts in a¢tordance
with $10 ol che Charioe5 Act 2011. Moveable church conienrs are held by the vicar and ¢hur¢hwardens on Special trust for
the PCC and require a faculty lor di5POsal are accounred as inalienable property unless tonserrated. All expenditure incurred
on Consecra￿d or benefice buildinzs and moveable church furnishing& whether miifittnanee or improvemenL 15 expensed
within the Staternent ol Financial Activiues.
Freehold Lond & &ildings
Freehold land and buildings S￿led ar marker value. Freehold land and buildiny are not depreciafed as deprttiatlon would
be immaterial.
Other FtxIts￿$, Fittrnis & OirKe Equwment
The ¢osc of ¢rhtr lurniturt. fit¢ings and equiprnenL le55 any eXPeC￿d residual value. is depreciared on a srrai8ht-line ba515
over the effective vselul Ille of the a55eL which has been e5rimaied as follows..
Computer and S0ftP￿Y ¢quipmenL 3 year5
Orher equipment..
3-5 years
S¢o¢k
Stock of bookn 1$ included at the lower of purchase cosr and f￿r realisable with reference w cvrreni price5.
Debtors
Debtors are included at the 5erdement amounr due. Prepaymenrs are valued at the amount prepaid.
Cash at bank and In h4nd
Cash at bank and In hand includes cash and short ferni highly liquid investments wsth a short maturity of three m0nch$ or
less from the date of opening of the depos
Credltors and provisions
Crediiors and proyisitsns ire rvognised where the ¢harity has a pre5entobligatioTr arising from a paste¥tni that will probably
result in ihe transfer of funds tts a third party and the amouTrt due to sert¢e the obligaoon can be measured or estimated
reliably. Crediwrs and provisions are recoBni5ed at their setdemenf amounL
Borrowings
rhe PCC ha$ three ta¢egorits of borrowin8&
Conces5ionary loans. which are recognised ar the 4mount re¢tived and adju5Led as necessary for any impaiment
Basic financial inscruments, whi¢h are inivalty recognised at the arnounr received (for example. the amount borrowed
less any 2rrnng¢ment feÈl and subsequently measured at amortised cosi using the effective Interest rate rnethod
Other financial instrumens which are recognised ai fair value
Fund a¢¢ounting
The funds held by the charity are either.
Unresrricied gener21 funds
th¢s¢ a￿ lund5 which can be used in accordance with the charirable objecfs at che
discretion of Ihe rrustees.
Restricted fund5 . these are fvnds that can onfy be used for parricular resrricLed purptsses within the objects of the
chariry. Re5tri¢tion5 arise when specified by the dor¢or or when lunds are raised lor parri¢ular re5tric¢ed purposes.

ST BARNABAS. KENSINGTON
Notes to the Financial Statement5
For the year ended 31 December 2023
2. Income
Unre$trlcted Restrirted
Funds
Funds
202J
2023
To
2023
Total
2022
Donatyon5 & legacies
Offerings and donaDon$
French Conn¢¢t
Income Tax retlaimed
Legacies
Granu
Alleluia Proiect Income
400.990
440.067
21.480
91.047
841.057
21,480
171575
35.OYJ
420.990
24,796
95,419
20,CK
573
17,845
81,528
35.00)
517.sll
552.594
.070.112
579.623
Charitable activities
Sticky Fin8er5
Barnabas Music A¢ademy
5.608
6.863
5,608
6.863
4.433
8.184
12.471
12.471
12,617
Other trading acuvities
Letungs income- re5idenu
Lerungs in¢orne- Howard Hall & church
Outing$ and other parish even
Other
62.080
59.490
10,343
1.179
62,080
59,490
10,343
18.080
58,760
17,095
2,622
133.092
133.092
96.557
Investments
Bank Interest
2.30S
4,177
6,482
256
Total
665.384
556.771
1,222,157
689.OS3
3. Expenditure on Raisin8 Fund5
Unres¢ri¢ttd Restrlcted
Funds
Funds
2023
2023
Total
2023
Total
2022
Residenriol thurch property costs- upkeep
Residential church property cosrs- interest
Bank & ¢olle<¢inÉ agent fees
Sricky h'nzers
40.620
34.777
1,466
1.930
40,620
34.777
1.466
1.930
29,070
29.047
1,834
78.79J
78,793
61.742
15

ST BARNABAS. KENSINGTON
Notes to the Financial Statements
For the year ended 31 December 2023
4. Expenditure on Charitable Activities
Unre*tricted
Funds
Restri<ted
Funds
Total
2023
Total
2022
1013
2023
Prov15+0n ol clergy
Ccrnmon ￿nd
115.875
3.355
115,875
3.355
112.SOO
40,225
119.230
119.130
152,725
Church Lrft & Outreach
Gross salanes
Employer'5 National Insurance
Upkw of sWVlCt5
French Connecr
Worshiplorganisr
Childrenlyourh
Church Weekend
Music School
O¢her ministr*s
th￿rIng & hoswrality
Gifts and Rrants nots 4b
Alleluia Projeet
68.?01
2.801
5,297
73.499
2.801
92.150
3.603
3,649
6.683
7.43S
3.318
67
5,706
1,039
9,232
9.232
6.097
4.154
6.105
1.990
6,097
6.105
6,996
4&099
24.P•)6
23.293
71.443
28.829
115.961
37.822
163,703
OW1510n of Offire & Supporr
Gr¢s$ 53Iaries
Employer's NatioTral In5ury4rK* (net £4 Nl Emp All
Pension <on¢￿￿TIonS
Staff expenses Other
Volunteer expenws
Printin$ postage • statlthiery
Pl￿toCoPYinS
Accountancy, payroll & recryi¢m¢n¢
T*chnoloy- IT l£0mffluThCa￿1Yfj. software)
Techn¢SoKY- s•Jnd & video
Pu￿1¢￿ and website d*s18
Depreciavon
O¢her
230,433
46.133
46.133
38.543
1.583
8,448
16.342
5,036
8.264
22.480
10.699
550
2.394
6.219
13.936
3.005
3.7SS
4.634
8.264
22.480
10.699
sso
2.394
6.219
13,936
3,005
3,755
4,634
I,s
2.848
14.578
3.767
2.93e
4.914
1.257
115.149
Pwvision of Buildinp and Facil1r￿S
Gross $3l#ries
Employer's Naiional Insur4r*e
HeaL Iighi & wa
InsurarKe
Repair5 & maintena￿¢ & H&$ & o￿te￿n irw
Cl*aniry & 4vxste
125,249
103.580
54.352
54.352
54.494
1,937
25.133
5.015
47,726
1,863
5.208
32.820
5,288
274,034
241.214
104711
241.214
Govwnance costs
Audif feÈ 202311ndepth Evarnw￿'s fe¢ 2022
349.995
130,168
7.2
7.2CrfJ
2.040
7.200
7.100
2,040
Total expendi￿r*- charittht a<tiYitse5
406.421
279.034
70S,457
624.946

ST BARNABAS. KENSINGTON
Notes to the Financial Statements
For the year ended 31 December 2023
Expenditure . Employee Emoluments
In addioon to the many volun(eers who give their time co the church. there were 1112022.. 121 employees whose costs are
included within each of rhe main eost categories ol 'Expendirure- Chan¢able Activities" (Tro￿ 4 abgvel. Their aggre8aEe
emolurnents were as follovis-.
Z023
1022
Gross saknries
Employer s Navonal Insurance Inet of SMP and Erryhyer'5 Ajbwance)
Pert￿￿ ¢tssts
173.985
6.485
&264
185.187
7.123
188.734
200.758
The figures exclude the amounts paid to the Diocese lor th* ifi¢umbenL who are funded through the Cornmon Fund. No
employee 12022., nill re<eived emolvrnenrs in excess Of £60,1))O during the year. Th¢ number of staff for whom pen$ion
¢onrributions were made durin8 the year was I112022.- 11).
4b. expenditure- Missionary & Charitable Giyini
Unrestricted R*itrirttd
Funds 2023 Fund$ 2023
Total 2023
Total 2022
Gviog ¢0 orrdnisatKJns
Kjngdom Compassion
London City M￿s￿n
International justice Mission IIM
Compassion
241
3.196
1259
2,5C#)
3,196
CMS
Proier Zachary lsypport of French local churches)
Glass Door
SBSP School SUPP¢•rt
MusKal Outrea<h
Bishop 5 lund
efug¢¢ 5UPPOrt
Th¢ Angli¢an Commvn
The &ble society
Macmilllath Cancer support
5ugandh
KMES
107
2.108
3C
355
355
I,s%
1,531
soo
loo
150
150
627
9.738
1,264
BIOY Translaiion into Fr¢nch
11.184
3.401
211•3
28,107
GNing t¢) indwiduals
Other grfts over É l.(th each
O(her gft5 under £ I.tsJO each
10.x
12.21)0
13.606
37.565
5.771
3.922
5,921
25.806
43,336
24.804
23,2•3
48,099
71.443
17

ST BARNABAS, KENSINGTON
Notes to the Financial Statements
For the year ended 31 December 2023
S. Net Incomel(Expenditure)
2023
2022
This is sr2ted after ¢har8in8'.
Operaring Itase rtn¢a15
Depreciation
Audiulndependent examination fee
1,296
4,634
7.200
1.296
4,924
2,040
6. Tangible Fixed Assets
Freehold Fixtures,
land &
fittings &
building equlpment
Total
CostlFalr Value
At I january 2023
Addittons
Disposals
Revaluarion
1,500.000
83.581
15,063
1,583.SBI
15.063
IlTh).L￿o
100.000
At 31 December 2023
I,600.C￿)
98,644
1.698,644
Deprecl•¢lon
At I january 2023
Charge for Year
Disp05a15
81,762
4,634
81,762
4,634
At 31 thcember 2023
86,396
86,396
Net Book Value
At 31 De¢tmber 2023
1,600.Cth)
12.248
1,612,248
At 31 December 2022
i.soo.000
1.819
1,501,819
All ol the fixed assets are used for charitable purposes.
The freehold land and buildings comprise..
87 Blythe Road which vrts let OA 3 commercial b￿S until March 2015 and then be¢amt home to the Revd H Miller.
Associate Vicar. and his family. The property is held under trusr by the London Diocesan Fund. Under this
Declaration. should the properry be 501d. the Church viould receive 46.43% 2nd the London Diocese Fund and the
Church Commissioners would receive a total 0153.57% of the Tret proceeds less the outstanding loans of £150,OC
(see note 101. The property w7s valued in january 2024 by Kinleigh. Folkhard & Hayward. a thl estate a8enL on
the basis of the esumated value in the prev*iling market condiuons.
17 Devonport Road, part of whKh is curren(ty being let on a ¢tsmrnercial basis. The property is held under trust
by the London Diocesan Fund. Under this Declaration. should the property be sold. the Church Commissioners
would receive 100% ol the net proceeds. The properry is not capitalised in these accounts.
18

ST BARNABAS. KENSINGTON
Notes to the Financial Statements
For the year ended 31 December 2023
7. Debtors
2023
2022
Prepayments
Income t*x reeoverable
IO% deposit for organ restoration
Other debtors
4,907
99.288
10.497
44.256
37.057
3,944
14.324
118.519
95.754
8. Creditors. Amounts Falling Due Within One Year
2023
2022
Crediwrs for 8oods and seryice5
Ae<ruals
Orher treditors including taxation and social security
Rent deposi¢ held
3.$00
17.764
2.638
10.660
44.844
2,529
5¢)0
23.902
58.533
9. Creditors . Amounts Falling Due After More Than One Year
2023
2022
Loan- pri¥ate187 Btythe Road)
Loan- London Dioeesan Fynd187 81ytht Road)
Loan- Church CommiMipner5187 Blythe Roadl
10.LY
50,C#)O
Ico,coo
i 0.000
so.000
loo.￿0
160.000
160,000
The £10.000 interesr-lree 1o•n Irom a member ol the congregation 15 repayable upon the sale ol the property. unless earlier
by murual agreemenL This is * ¢oncessionary loan and stated at the amounr of the Or￿1￿*1 rrnnsatvon.
The I50,C#J) secured value linked loan from the London DK>cesan Fund is an In￿reSt-bearinS loan repayable upon the sale
ol the Blythe Road properry. The interett rate 1$ 6.25* The PCC ¢OAsider thai the fair value of this loan it the balan¢e
sheet date 15 £50,000.
The 1100.OQO seeured value linked loan from the Church Commissioner5 1$ an intere5t-bearing loan repayable upon the sale
of the Blythe Road property. The interest rate is 1% above the Central Board ol Finance deposir accounrs rate. This loan 15
ba51t finantial instrument and is accounred for using th¢ dFe¢rive interest rdte method.

ST BARNABAS, KENSINGTON
Notes to the Financial Statements
For the year ended 31 December 2023
l O. Pro¥ision$ for liabllities
2023
2022
London Di¢xe5an Fund & Church Commi55ioners187 Blythe Road)
Provision brought lorward
Change in the year
653,S71
653,571
Provision carried forward
707.120
653,571
The proYisi¢n is ¢al¢ulated •$ 53.57% ls¢e note 61 01 C1.6C#).(￿). tht llated value tsf the property ar 87 Blyihe Road, less Ihe
amouni of value linked 104ns outsundirtg on the property {I150.1)00).
I l. Restricted Funds
Atl
January
2023
Atjl
D•cember
2023
Gains1
Transfers {1055e¥)
Income Expenditure
Opening Doors (includes Organ luThdl
Vicar & Churchwardens fund
Nominated gifts lio individuals)
Gifts IFren£h Connecrl
Nomin21¢d Gifts (Thanksgiving)
Total
504.3fy)
28.732
2.2S?
21,4
1241.2141
121.0341
2.2S91
114.5291
264,086
18.245
10.S47
6.951
9.481
298 763
At31
December
2022
9.481
556.771
279.036
Atl
January
2022
Gainsl
Income Expendlture Transfers (10sses>
Organ fund
Vicar & Churchwardens lund
Nominated gifts (to individuals)
Gift5 (French Connect)
Nominated Gifts IThanksgiving)
Alleluia Project
Total
1,000
36,334
4.725
26.796
9.659
(35,4461
14,7251
126.7961
10.547
9.481
10.984
9.481
17.84S
86.7
28.829
95.796
Openlng Doors.. Fund$ received for the purpose of providing access for all. carbon-neutral heatin8 and or8an restoration
work. It Incorporates what W35 previously talltd the"Organ restoration fund"
Vicar & Chur¢hwarden$ Fund.. A discretionary lutbd primarily for the purpose of enabltn8 the Vicar to make grants
individuals in need.
Nornin*ted Gift$ to individuals are grfts given in response to specific need5.
The Thanksgivin8 fund remains Irom the appeal in 2018, these funds are ser aside to develop the worship and outreach
of the chtrrch through music and the art5.
French Connect.. these fund5 are given and used specifically for the French speaking ministry ol the church.
20

ST BARNABAS. KENSINGTON
Notes to the Financial Statements
For the year ended 31 December 2023
12. Operating Lease Commitments
The toul future rninimum lease paymenrs uTrder Thon-carKellthle wr41in8 leases are payable".
2023
2022
Nor later than one year
Larer than one year and not later than fivt year5
1,296
1.296
1.296
1.296
2,592
13. Related Party Transactions and Balances
The following Paymen￿ to PCC members. their SPOU￿ ahd other related parrb¢S, are required to be disclosed in these
accounts..
Uta Butkler, the wife of Andy Bv¢kltr. vicar and member of the PCC. received gross rernuneraJon of £5,48512022..
5,0781. under a conrraci ol tmployment in her role as BookketPEr.
The toral remunerauofi paid to Key Managemeni Personnel for the year <45,13312022.. 70,5721.
Support payrnents ¢0 S Mansour. director of Kingdom Compassion. of £6,￿)0{2022.. 2,0001 were mide during the
year. PCC mernbers A Lea and H Millerare tn15¢ees of Kingdom Compa55ioTh. S Mansour is a currenr PCC rnember.
Support Paymer¢￿ to Z Gharehba8hloo, of London City mission. of £2.C￿l {2022.. Cntll wert made during the year.
Z Gharehbaghloo 15 a currenc PCC member.
No PCC Member expenses have beeft incurred or pa￿.
14. Reconciliation of net (expenditure)lincome to net cash flow from operatin
Unrestricted Restricted
Funds
FurTrd%
2023
Z023
activities
Total
2023
Total
2022
Net movement In funds per SOFA
146.623
277,735
424.3S8
2,365
Adjustments for.
Depreciauon charge5
Dividends. incerest and renrs from investments
Revaluation Igainslllosses on Ireehold property
IlncreasÈlldecrea5e in stocks
Ilncrea5elldecrease in debtors
Increaselldecreasel in creditors
Increaselldecreasel in provisio•$
4,634
113051
11(0,oc￿)
205
122.7651
134.6311
53.S49
4.634
{6,4821
Iiw,¢)001
205
122,7651
134.631
53,549
4.924
12S61
14,177)
13631
7.542
24,104
Nei ush provided byllused inl operating activities
45,310
273.558
318,868
38,316
21