St. Margaret's Church, Barking - Annual Report of the Parochial Church Council (PCC) for the Year Ended 31 December 2022
Administrative information
The PCC is a registered charity with the Charity Commission namely Parochial Church Council of the Ecclesiastical Parish of Barking
Charity No 1134027
St Margaret's Church is located in the Abbey Ward of London Borough of Barking & Dagenham and draws members from the four local authority wards in Barking (Abbey, Eastbury, Gascoigne and Thames).
Registered Address - The Broadway, North Street, Barking IG11 8AS Telephone No - 020 8594 2932 email: office@stmargaretschurchbarking.com website: www.stmargaretschurchbarking.com
PCC members who served at any time from 1 January 2022 to 31 December 2022 are: Revd. Mark Adams Cynthia Adams Babajide Aina Folashade Fagbemi Chika Nduku Carol Brabender Andrew Earwaker Irene Earwaker David Jarvis Kunle Olaifa Lola Sanwo Joelraj Soundrapandian Kanayo Omo Jebaraj Soundrapandian Hilton Idahosa Ubalda Gaston-Roe Nick Roe Susan Lancaster-Marvin
Revd. Mark Adams is incumbent vicar and Chairman of the PCC.
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Structure, governance and management
The PCC is made up of Clergy, Reader, Church Wardens and elected members from the church. Working under the National Church Representation Rules, all church members are encouraged to register on the Church Electoral Roll and to stand for election to the PCC.
The PCC operates under the chairmanship of the vicar, it's constitution provides representation from the whole membership of the church. The PCC oversees the life and work of the church and is responsible for the financial management and maintenance of the church buildings.
The PCC holds 4 scheduled meetings in a year but can also convene extra special meetings if and when there is need. There are committees that cater for the different facets of the Church's administration, these committees meet as at when required and report back to the PCC.
Objectives and Activities
The parish aims to promote love and worship of God in the community through acts of worship drawn from the Book of Common Prayer and the Church of England's Common Worship. The Gospel of Christ is proclaimed in the parish as recorded in the Holy Scriptures, embodied in the traditions of the Church and day to day living.
The PCC is committed to being an inclusive community where all are welcome regardless of age, race or way of life. Also the parish provides a welcoming place of worship to all Christians irrespective of their point in the journey of faith.
The parish gives pastoral ministry to the London Borough of Barking & Dagenham by holding services with the Mayor and Councillors on both Civic and Remembrance Sundays.
Review of the Year 2021
Church Attendance
There were 183 names listed on the Parish Electoral Roll in 2021
PCC Report
The PCC in the course of the year promoted the mission of the church in the parish through the range of worship services offered in the church and a variety of other spiritually benefitting activities.
There were five PCC meetings during the year at which the following were discussed: . Vestry Elections
. Finance and Church Fabric
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. Sub Committee Reports . Deanery Synod Reports . School Governing Reports . Church worship
A more robust safeguarding policies were introduced aided by an officer who comes in weekly to update the safer recruitment process.
The church developed a new website and has been experiencing an increased social media presence.
Over the year, a contract was awarded for urgent repairs needed on the Bell Tower. The church joined in celebrating the Queen’s Platinum Jubilee and hosted a civic service to mark the passing away of her late Majesty Queen Elizabeth II.
In general, the church continued to grow in all aspects and going through a revival spiritually.
Financial Review
The lifting of the coronavirus pandemic restrictions had a positive impact on offerings and other income.
In 2022, incoming resources were £54,600 (£45,417 in 2021). Offerings increased by £7,732 (26%). Expenses increased by £13,710 (18%) to £89,832 (£76,122 in 2021). Of the £89,832 total expenses, parish share was £52,008 (58%) A deficit of £35,232 for the year 2022 (£30,706 in 2021)
Details of receipts, payments, and balances held in all the funds are in the financial statements.
Conclusion
In 2022, life finally returned to normal after two years of pandemic and with the first full year of a new vicar, growth and revival began in St Margarets Church and is giving a hope for the future.
Many thanks to all the volunteers who work so hard to make the parish a welcoming place of worship and fellowship. We appreciate all the people that continue to give offerings and donations to the church but would also like to reach out for more help and support in maintaining the fabric of St, Margaret's - A place of Great History and Heritage.
May God in His infinite grace and mercy continue to grant us the will and devotion to serve Him and bring His light to our community.
Emmanuel Fagbemi
PCC Charity Officer October 2022
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INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE PARISH OF BARKING
Independent examiner's report to the Trustees of THE PARISH OF BARKING
I report to the charity trustees on my examination of the accounts of The Parish of Barking for the year ended 31 December 2022.
Responsibilities and basis of report
As the charity's trustees of The Parish Of Barking (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of The Parish Of Barking are not required to be audited under Part 16 of the Companies Act 2006 and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.
Independent examiner's statement
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
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accounting records were not kept in respect of the Charity as required by section 386 of the 2006 Act; or
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the accounts do not accord with those records; or
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the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or
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the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Michael Lomotey. FCCA Fred Michael & Co Ltd 216 High Road Chadwell Heath Essex RM6 6LS Date: 28 April 2023
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Parish of Barking
2022 Accounts in compliance with Charities Act 1993
| St Margaret's General Reserve 48 Sunningdale Avenue Fund Children & Youth Workers' Fund Church Memorial Fund Church Repairs - Bell Tower Housing Fund Security Fund Total Unrestricted Funds Choir Fund Flower Fund Organ Fund Total Restricted Funds Lake Bequest Fund Total Endowment Funds St Margaret's Total St Margaret's Centre General Reserve St Margaret's Centre Total Barking Parish Total |
Incoming resources Resources expended Surplus/ (Deficit) Transfers between funds Movement for the year Balances b/fwd at 1 January 2022 Balances c/fwd at 31 December 2022 54,600 89,832 (35,232) (35,232) (42,535) (77,767) - - 165,000 165,000 - - - - 20,054 20,054 - - - - 4,274 4,274 1,123 28,557 (27,434) (27,434) 132,479 105,044 16,775 3,788 12,987 - 12,987 99,393 112,380 - - - 489 489 72,497 122,177 (49,680) - (49,680) 379,153 329,473 - - - - 1,033 1,033 - - - - 222 222 - 1,456 (1,456) (1,456) (1,538) (2,993) - 1,456 (1,456) - (1,456) (282) (1,738) 761 3,396 (2,634) (2,634) 17,866 15,231 761 3,396 (2,634) - (2,634) 17,866 15,231 73,259 127,028 (53,770) - (53,770) 396,736 342,966 27,217 25,018 2,199 - 2,199 48,925 51,124 27,217 25,018 2,199 - 2,199 48,925 51,124 100,476 152,047 (51,571) - (51,571) 445,660 394,090 |
|---|---|
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Parish of Barking
Balance Sheet as at 31 December 2022
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2022 2021
£ £ £ £
Non-current Assets
48 Sunningdale Avenue 165,000 165,000
Office and Kitchen Equipment 1,664 3,700
166,664 168,700
Current Assets
Barclays Bank - Community Account 124,061 161,040
CBoF Investment A/c 81,513 86,920
CBoF Investment A/c - Lake Bequest 25,580 28,976
CBoF Deposit Account 27,910 27,548
Petty Cash 534 559
Prepayments 4,401 4,026
263,999 309,069
Current Liabilities
Other Creditors 5,130 1,126
Diocesan Fees 460 -
Mens' Night 100 100
Ladies Breakfast Bar 40 40
Mission Giving 30,842 30,842
36,573 32,109
Net Current Assets 227,426 276,961
TOTAL ASSETS 394,090 445,660
Financed by:
48 Sunningdale Avenue Fund 165,000 165,000
Children & Youth Worker's Fund 20,054 20,054
Choir Fund 1,033 1,033
Church Memorial Fund 4,274 4,274
Church Repair Fund - Bell Tower 105,044 132,479
Flower Fund 222 222
General Reserve Fund (26,644) 6,389
Housing Fund 112,380 99,393
Lake Bequest Fund 15,231 17,866
Organ Fund (2,993) (1,538)
Security Fund 489 489
394,090 445,660
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