Charity number. 1133996 THE PAROCHIAL CHURCH COUNCIL OF ST MARYS WITH ALL SOULS KILBURN Report of the Trustees arKI Unaudited Finan(aal Statements For the year end8d 31 t)ecanber 2023 THE PAROCHIAL CHURCH COUNCIL OF ST MARYS WITH ALL SOULS KILBURN Contents PwJe For the year ended 31 D￿m)ber 3)23 Ito3 1TrJgr￿thnl ExamHW8 Rwrt *) TnAto ststwn￿t of Fharn781 PrAAK 7t013 14to15 THE PAROCHIAL CHURCH COUNCIL OF ST MARYS WITH ALL SOULS KILBURN ReFQrt of Ihe Trustees For the year e￿Ied 31 December ay23 The St Mary's P8rochi81 ChurGh CtyJrril have pfeasure in presenting thelr rerAxt finandal stst8rn8nts for Churth for the y88r 8nd8d 31 De￿mber 2023. The Trustees ha￿ aLWed the provisions of Ait4)unting and Reporting by Charsbes." Statement of ReTr)rnmend8d PradiL% aKWI(abl8 lo charitse5 pr￿aring thgir ac£ounts in ac££¥danc* y￿th ts Fina¥)cio1 Reporbng Stsndard appllcable In thF4 UK and the of lrnland {FRS t021 {effedi￿ 1 Jarwjary 20191. 3tructw• Oovernm•nt& Monjgo St James West H8mpstèad Is (*Jryenly 88r¥ed ty Fr Robert Thorrw as Vlcar. and Fr Ross Hutchigon SSM A8$iStant Prf￿t and Fr Chartes Moths r•tLwnod to Ns natfva la￿1 Bathdos in Odobor 2023. Fomi¥r SSM Ministsr. Mother Denise Yqldam rotirnd in May 2022. and Curnts. Mother Cgrc4inè Rlnk moved on to anothgr parish In April 2022 Obl•ctlvo5 & A¢tt¥ltl•• The pa￿h181 Church Coundl IPCCI Is tr)VoM￿l by Churth of En4w)d hO￿ation. The Paro¢hl81 Church Coundl'8 Power8 IMe#sur• 1956- 88 8mend8dl. Th• prtslp81 objecU¥e of lh• PCC18 in Iha parlsh the wthol¢ nusslon of the church. Achlw•m•nlsandP•rfomw Durlng the yoar. Beryl Elsey tyjr Podsh Ad￿￿￿￿￿trattr •fter 13 ol ￿•rfkng 00ry1¢0. A polt of Op8rotlons & Development Manag6r w88 rzeated and fillod o￿tlY￿ Jun8 2023. The h88 continu•d In pw$u￿ ol Is mLulon In th• ••pedally to tha through prow4mB 8t 8ehool8 and 'Me5sy Chur¢h'. 11 maintain8 ts con￿￿tion ￿th Iha ct)mrTrJnity sodal m8dia and rggular 8treanlng of li¥$eNk*•, and a8 a Tgsuli h•8 #•n the ￿U81 S4md8y att•NJwKe w8du#Uy r•bJm Io PoThJgmk ievds. MAjor improvemenls hAve made ¢0 the at Wrthingtryi Ro8d anwjring that we 8dh•re to HMO guldellr*8 and èr• #bl& ¢0 secvra the maximum revenu• fvom our rentals. Flnan¢tsl R•¥hw The ¥t4t4ment of financial adhll*8 8hry•rn lotsl Incthng T•wUr￿ for tho y•ar of £179.80S12022 t189,5801 •nd totsl expenditure of £213,85712022 £207,353). Total re8erve$ of £1,117.476{2W22£1.151,5281 ￿le cwwled foThvard. t￿￿181n9 UnreBtrldèd Funds of 1£21.7211. ond R8Strlctsd Funds of £1.139.197 A8O•58m•nt otGolng Conc•rn Thg PCC (on61der8 thoL I￿r0 arn ￿ rnatwld atK*Jt ts Pwish's atI16ty to (#)nllnug aa 8 iK4ng ￿ncern lor tho n•xt 12 monlhB. Merg•r ofsalrt Jam• and Salnt M•rf• Pvl¥h A Pastoral s￿rn• made by th8 Chw¢h CoftvTlwn8fs da￿ 15[)e￿mber 2020lwh*h Irrto foteè on 1st January 20211 unlted the parish of Salnt Mary All Soth. Pnory Ro*J, lQlbum and ts P￿Sh of Salnt James, We8t H8mpst8a¢J, both in th8 diocese of ￿dOn. to create a pansh nBmed Tr Parfsh of Saint Mary tmth Nl Sou15, lfjlbum and Salnt James, W8St Hampstead". In 8co)rdance *lth the Church Repr88entakn Rutos a n8w Parothial Church Counol wa5 elected in April 2021 for the parlsh of Salnt Maryvlth Al S(yJ15, Kiltym arwj s￿nI Jarn8s. West Hryte&l. The Parochial Churth CounrAls of lh8 fowmer pariW were trfjth separaw wilh Char6ty Cornm1s￿On as they ea¢h met the thr8shol¢J for rEgtslral*)n. The Paroch￿ Church c￿jn¢11 of the parlsh of Saint Mary Ml Souls, PrioryRowJ. lQlbum in the Dltt888 of LorKkn) registered ur¥Jw (*anty numter 1133996and the Parochial Clvjrth Couwl rASaint J8m8s. Wast Hampstead in Ihe of LcKMkn wa6 regist•r•J uThJerr*wity n￿nb8[ 1133843. 1of15 THE PAR(KHIAL CHURCH COUNCIL OF ST MARYS WITH ALL SOULS KILBURN Report ofthe Trustees Continued For the year ermjed 31 December 2023 Rtrtums and ac￿nts have ￿ntInUed to ba w8par8d in rdatk)n to Ih8 former palis1￿5 and 8ubmitiod to th8 Charity Cornmission underthe s*paratts r￿strati(￿S while tw on th& Chaiity C￿nn￿A)n ff￿St￿. In 2024, to r8118d the of th& pailthes. the iegbtrntw)n for chanty number 1133843was removed Irom the Charlty Commission regi8ter and the regstratson number 1133W w8¥ W to r8latè to Ihe unlt•J partsh. From 2024th8 Par¢￿181 Church CLwncll of S8ir* M8ry AJI S￿1$. KIt￿M and Sah)t James, West Hampstead Is r8gist8r8d with the Charity Comrniss￿n under charity rvjmber 1133996 ￿th thtr t*mknned assets and liab¥lities of both form&r parishes, which had passed to the pa￿h from 1st January 2021 by ￿rtue of the Pastoral Scheme of 150eeernbeT 2020. As a resu￿ the ind¢wdu#l repJrlir#J and >Jbmis￿0ft of 8rn1 8nThJ81 b(4h Parf8h8s WIU coa8e on 31st Decgmbar 2023. OBJECTIVES AND ACTMTIES Obl•¢th•• •nd akn• The tru8tse8 have con8ldered tho Chanty Comrm￿￿.¥ on publk b&noftL Ind￿jIr￿￿ lh¥ wld&ne* 'publle ban8fit.. runrTrlng 8 ¢hgrtty IPB21'. REFERENCE AND ADMINISTRATIVE INFORIAATIQXI Nam• of Charlty Chartty feglitratlon numb•r Prln¢lpal addr• THE PAR￿H1￿1 CHURCH cou￿lL OF ST M4RYS WITH ALL SOULS KILBURN 1133996 ST MARY& JAMES P￿SH OFFICE 1 St. James'8 Hou99 LONDON NW6W Tru•ts•$ Thg trust￿6 8nd offlcwF 88r¥lng dLwlng th•yw•nd slnc• th•yw•nd w•r•as folly•A: Oiano Ashby Nancy Jwira P8tric48 Ann IYSulbAn Cardin8 Nekni Ift￿￿8￿". 30A&wM20231 SUS￿ Maryaret Sl908 Mx Rah C8rter Laurel Hunts Th)nw$ Aagaard N18168n Nelkwa M (A&p)wil￿. 30Awi120231 MBure8n Smtth IApw#ited: 30Atrt2W23) 2￿1$ THE PAROCHL4L CHURCH COUNCIL OF ST MARYS WITH ALL SOULS KILBURN Report of the Trustees Continued Forthe year ended 310ecember2023 Indepondont oxaminor ErnmanL￿ •Aensah FMAAT y￿1 Floorwest off￿ 19 Nthlas Ho￿. River Front EN13TF Approv&a by th8 Board 01T￿st885 and Si￿d on itsb8halfty Re oMp$c￿ Ichalrlvkarl Trust•• 3of15 THE PARc￿H1AL CHURCH COUNCIL OF ST MARYS WITH ALL SOULS KILBURN Independent Examiners Report lo the Trustees Forthe year ended 31 December 2023 I r•p(*ttotha trust#*s on myex0mlnatir￿ ofthe aLLyyJnts ofthe ¢tharityfrrthg year 31 Decefflber2￿23. R08ponslbllttle8 and bas1• of report As the chaNty trustsos, you 8ro rOsp￿Ibl9 for tha pr8p8roU(*t of thè •￿InIs in thg rwjuirements of the Charftle6 Act 2011 1'th8 2011 Acfl. I report In fespect of my examinallon of t￿ L*anty'$ acryJJnts cani¢d out urthi sèdion 145of thè 2011 Act and in carying out my examlnallon I ha￿ folbwed tho *iGable Dir•dions ￿Ven iv/ th? Ch￿ty Comrrdssion under section 145(5Mbl of th8 Act. Ind8P8nd8nt oxamln•rs I have fA)rnpleted my examinalion. I confirn thatno matters ha￿ c4yMelo nyy attenlkm In connedknn vAlh the éxamlnalon gwlng m8 L¥U5e to tdieve that in any materS8l r85F*d.. 1. 8cwJnting rec¢y(Is notkept In resp¢cl ofthe Chwtyas [Q￿r&I ty 8ectknn 130olthe 2011 Act.. LY 2. the attount8do not8cwrd wlth ￿￿Tth: 3. the 8¢￿￿nts do not comply wllh the 8thlcable fequtren￿S rxmcwning th• fcm c4)ntent ol#ec¥)unts stst tyjt in Ihe Ch&riti•$ IAceount$ and Reports) R•wlations 2CKJ8 olhwthan any re¢wirem8ntthat Ih? actOLmts gfve a Irue and fair vi whlth 1$ nol a matl8r CW¥￿eT*￿ a& pwt of an Indep￿ts￿ exarnlnotkn. I have no conc8m8 and hav8 come aer05s no other mattws in Connecti￿ wrfh the exarninal*Jn to whkh attgnllon should bg drawn In thIB reP￿t In order to anabla a proper und8Trlandlng ol tho to bo ra•*gd. Emmanuel Me h FMAAT Ground Floor W•st Offic• 10 Ni¢hdas Hou80. River Fmnt Enfield EN13TF Date.. I IL J 4of15 THE PAROCHIAL CHURCH COUNCIL OF ST TrAARYS virrH ALL SOULS KILBURN Statement of Financial Acbvities Forthe year ended 310ecember2023 ndl In¢ome and •ndowThnts Donations and legatse5 CharIta￿0 Other tradtng acti¥itties Investments 0th8r in￿) 24. 133.406 17.Th)1 24.909 133.4C 17,001 249 37,862 137.883 13.049 97 249 4240 4240 179,550 t79￿5 189.580 Exp•ndltur• on: Charitst40 actNIJ&8 Olher &xpendltwe Total 718 (215,056) 1215.0561 1.199 1213M57} 1201.9061 15,4471 1207,3531 1,199 1215.lJ5SI (X500) 134.0521 117.T131 R•¢onelllatlon of funds rota funds brought forbvard Total fund* cwrl•d foTh 12,580 122M) 1.138.948 1.151.528 1,169,301 1.151.$28 1.140J96 1.117.476 SrA15 THE PAROCHIAL CHURCH COUNCIL OF ST ￿RYs WITH ALL SOULS KILBURN Statement of Financial Positon As at 31 December 2023 2022 FIX￿ as8•ts TangitAe a58*ts In¥esth*nts 13 1.133.034 1,133.304 7.437 14115 1.133.034 1.140.741 Current as¥8ts Debtors 16 518 Cosh atbank and in 11.580 12.098 (lo.￿xI> 20.262 203B2 (7,7761 Cr• Parking Fees 103 46 7,698 92CK) 3,403 9.600 17,001 13.049 5. Inv88tm•nt Incom• R•strlct•d fuThl• , Incom8 frorn Ilstgd Invesbnlnts Ineomo from vnlthd Investments 97 6. Oth•r Inco 2022 Unr••trkt•d fvbx To(Idlers Drop In f￿h•r1D￿)m? 3,952 7. Costs olch•rltabl• *dMUe8 by fund typ• 2023 2022 Unrfj•trlcl•d fvndl aintenance of Churth Wolk Partsh Misslon Ath't Repalrs. Malntwwncg w)d IMpnwe￿*nts AdministratK)n, sor￿ Supwityjsts 69.047 16,428 102.143 57,900 16.257 25,453 1.985 31,892 215.1)56 201,906 80115 THE PAROCHIAL CHURCH COUNCIL OF ST MARYS WITH ALL SOULS KILBURN Notes to the FinanciaF Slatements Continued For the yearended 31 December 2023 8. C0818 of charttable actlvlths by acuvlty ty 2tr23 Actl¥lllM undertaken dknocty M8intsnance rA Chwth W 71.032 16.428 102,143 59.985 16.620 93,429 Repair5. maintenar￿ and Improvements Admknl8tralbn. sod￿ 25.4S3 31.892 215,OS6 201,906 9. AnatyJls of •upp¢xl coBt• 2022 Inter88t-LDF Lo8n& 88nk Charpg 197 1.985 3,005 10. Not Incornoll•xpondltur•) for tho y•v Thi$ 1$ ststgd knr¢h*dntyIc¥8d￿th)l'. 2022 IndeperKlent Ex•n￿ne￿$ F•os 1.985 2.065 11. 8t•ff ¢o•ts •nd •nwltyrnnt• Total slaff cOstsfort￿ year ended 31 Decern￿ 2023 *vp'. 2022 S8laries &rHlwwJes Sori81 securityu)sts 53.785 2.182 50.767 $5,967 S1.175 grrf15 THE PAROCHIAL CHURCH COUNCIL OF ST MARYS wrrH ALL SOULS KILBURN Notes to the Financba Statements Continued For the year ermled 31 D￿mber 2023 2022 staff and Support Workers nd• In¢om• and •ndtywm•rtsfrom: Don8tion8 end Ch8ritsbl8 aciMti8S 37,862 137,883 13.049 37,862 137,883 13.049 97 Investnwnt8 Other incon Tot•1 18gABJ 189.580 Expondltur•on> Charflablb aclMI8S OtheroXP8ndMJr• T)r In¢om• fffjm Parking F••8 103 7.698 9.200 3.403 9.600 17,fy)1 13,049 Income from Ilstod Invostments Incomefrom unlisted ¥w8Stm8rrt# 97 249 Oth•r In¢¢) T¢>Jdors Drop In OthWIn￿Me 3,952 4340 Total Incomlng r•w>urc•• 179M+S 189,580 EXPENDITURE ¢harltsbl• 4¢tMU DI￿*$8n Common FUNI 124.810} 121.3501 Insura Church Hall Runnlrg Co818 112.845) 124.187) 114.2851 19,7051 Equlpments Subscriptsons Donatio￿GI¥￿ Parish Mi"ssionA(*"wts"es Costs 14,7451 11.833) 19.2641 13.1861 11101 14.3031 14of15 This page notfom) partofthe ￿￿finanC￿81 slatemenL8 THE PAROCHIAL CHURCH COUNCIL OF ST MARYS wrrH ALL SOULS iaLBURN Detailed Slalement of Financial Activibes Continued For the year ended 31 D￿ember 2023 Ckgon Expenditu I￿ganISt& Pianist, Sir￿r$ & CMrGosts {11.2251 (10,3301 Church Repalrs& Maintenanr 111.3541 {22,014} Staff t￿$ts.w8g￿$ &salarlos 139.4811 134.6281 Prop8tyR8palTs & Malntonanco 17.9261 {36.2101 143.4021 Slaff o)Bts-w88 &sdarlg8 114,324) {16,139) Staff costs.s￿l8I￿Jr1tyCQ8lS 12,182} 14081 T919ph￿￿ PrfnL Post& (724) 11.583) 14781 11,2681 Travel Legal Fe88 Aecountarxy F••s Other Offt¢o c￿ts NAIVer￿n9 & PUt1￿"ty 8ooks & Publkallorvj 11171 {3,038) 12191 11,305) 1331 12,3051 18191 14,7271 14451 14961 8ank Int•rost 16511 14101 16311 13,7341 Cstgrtng & S¢el81 Loan Interest & OtherCharggB Stsff R8wkn8nt 14301 (2150711 1198.9011 1.199 3.781 19,2281 1,199 168471 SUPPORT COSTS Int•r••t. LDF Loan & Bank Chary Interest- LOF Loan & Bank Charges IRepalr¥. M8intenancg and ImpYovem8nt51 11971 11971 Independ8ntExamin*8 Fe88 11,9851 12,0651 K4otorandtravelexpens8S 1631 otherrxffjts {3801 11,585) 8081 Total rosourc•s •xwKlod 1213W7) 1207,3531 Not Expendllur• 134.052) 117.7ni 15of15