St. Margaret's Church, Barking - Annual Report of the Parochial Church Council (PCC) for the Year Ended 31 December 2023
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 Carol Brabender Yetunde Aguda Glory Ozoemelam Dorothy Opara Irene Earwaker David Jarvis Andrew Weston Olufunsho Martins 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.
1
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 2023
Church Attendance
There were 183 names listed on the Parish Electoral Roll in 2023
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 Six PCC meetings during the year at which the following were discussed:
. Vestry Elections
. Finance and Church Fabric
. Sub Committee Reports
. Deanery Synod Reports
. School Governing Reports
. Church worship
2
2023 had a positive start with repair work commencing on the Bell Tower. There was a significant improvement in the safeguarding policies and new charters on Health & Safety, Confidentiality and Complaints Procedure were introduced.
The church said goodbye to Andrew Earwaker our erstwhile organist upon his ordination and a new Director of Music, Ayo Ajayi, was appointed. Following from the appointment of the Director of Music, the church choir was re-formed and is adding a new dimension to worship.
A new course titled ‘Being With’ was launched in the year and ran over a period of Ten weeks with plans to continue in successive years
The Church joined Citizens UK to amplify her presence in the community alongside other organisations.
In a continued effort to improve the finances of the church, a Parish Giving Scheme was launched during the year to provide wider options for those wishing to give directly from their bank and this can be gift-aided.
The Breakfast Club which was halted as a result of the Covid pandemic got reinstated in the year and continues to serve the needy in the local community
The church welcomed Jennie, our Vicar Mark’s new wife, herself a Vicar to the family of St Margaret’s.
Financial Review
In 2023, incoming resources were £68,948 (£54,600 in 2022). Offerings increased by £4,540 (12%). Expenses decreased by £25,087 (28%) to £64,745 (£89,832 in 2022) The reduction in expenses was largely due to reduced Parish Share £30,099 (£52,008 in 2022) 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
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 2023
3
I CHARITY COMMISSION FOR ENGLAND AND WALES Indepèndont examlnefs reporton the accounts Section A Indèpendent Examiner's Report Report to the trustees THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIATICAL PARISH OF BARKING On accounts for the year ended 3Iemb.2023 Charity no {rf any} 1134027 Set out on pages report to the trustèes on my eXaMatiOn of the accounts ofthe atK)ve tharity ftrÈ Trust.) lor the year ended 31 December 2023. A5 the charitys trustees. you are reswnsible for the preparation of the Responsibilities and basis of acco in aGrdance wrth the requirements of the Charit5es Act 2011 report in respect of my exaMal.On of the Trusys accounts Gatried OLrt under section 145 of the 2011 Act and in carrwng out my examination, I Fiave foltoweA all the appticabte Diredtons given by the Ch Commissim un(ler 14515)(b) of the A(a. I have completed my examtnatiCKL I confimi that Materi matters have come to my attention in nneCt[On wth the examinatiors {other than that disclosed lOW") gives me cause to belÈeve that in. any material respect the attounting records were not kept in a(Eordance with section 130 of the Charities Art or the accolts did not a(xyxd wTlh the accounting record5", ¢ lttdependent examlnefs Statement the alxounts (tid not comptywtii the appltcat)le requiremw concemirrfJ the forni and Content of accounts set out in the Charthes (Accounts and ReFK)rtsl Regulations 2008 other than any reqTeMent that the accolts give a Irue and fairf viewwhich is not a matter considered as part of an examination. I have no CoremS atvl have come across no matters in connection 1h the examiTk3tion to wlwch attention should be drawn in this reFort in orthrto eble a proper erStan(r3 of the accounts to Signed= Date: Name: MICHAEL LOMOTEY Relevant professional qualificatlon{sl or body (rf anyTr- FCCA Address: FRED MICHAEL & CO LTD FFO F17 Ceme Innovab"on Centre Marsh Way, Rainham, England. RM13 8EU Pd8eiofS
Parish of Barking
2023 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 Music Director Fund Housing Fund Projects 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 2023 Balances c/fwd at 31 December 2023 68,948 64,745 4,203 4,203 (77,767) (73,564) - - 165,000 165,000 - 283 (283) (283) 20,054 19,770 295 - 295 295 4,274 4,569 - 16,989 (16,989) (16,989) 105,044 88,055 10,000 8,591 1,410 1,410 - 1,410 17,100 1,305 15,795 - 15,795 112,380 128,175 - - - - - - - - - - 489 489 96,343 91,913 4,430 - 4,430 329,473 333,903 - 738 (738) (738) 1,033 295 - - - - 222 222 737 1,352 (615) (615) (2,993) (3,608) 737 2,089 (1,353) - (1,353) (1,738) (3,090) 766 - 766 766 15,231 15,997 766 - 766 - 766 15,231 15,997 97,846 94,002 3,843 - 3,843 342,966 346,809 28,189 33,928 (5,738) - (5,738) 51,124 45,385 28,189 33,928 (5,738) - (5,738) 51,124 45,385 126,035 127,930 (1,895) - (1,895) 394,090 392,195 |
|---|---|
Page 1 of 1
5
Parish of Barking
Balance Sheet as at 31 December 2023
----- Start of picture text -----
2023 2022
£ £ £ £
Non-current Assets
48 Sunningdale Avenue 165,000 165,000
Book Cupboard & Shelves - -
Office and Kitchen Equipment 1,296 1,664
166,296 166,664
Current Assets
Barclays Bank - Community Account 103,741 124,061
CBoF Investment A/c 86,914 81,513
CBoF Investment A/c - Lake Bequest 28,008 25,580
CBoF Deposit Account 28,805 27,910
Debtors - General 10,000 0
Debtors - Income Tax Recoverable - -
Petty Cash 546 534
Prepayments 4,693 4,401
Stocks - -
262,706 263,999
Current Liabilities
Other Creditors 6,714 5,130
Christ Church - -
Diocesan Fees - 460
HMRC (890) -
Mens' Night 100 100
Ladies Breakfast Bar 40 40
Mission Giving 30,842 30,842
St Patrick's - -
36,807 36,573
Net Current Assets 225,899 227,426
TOTAL ASSETS 392,195 394,090
Financed by:
48 Sunningdale Avenue Fund 165,000 165,000
CDBF Fund - -
Children & Youth Worker's Fund 19,770 20,054
Choir Fund 295 1,033
Christ Church Fund - -
Church Memorial Fund 4,569 4,274
Church Repair Fund - Bell Tower 88,055 105,044
Diocesan Fees - -
Music Director Fund 1,410 -
Flower Fund 222 222
General Reserve Fund (28,179) (26,644)
Housing Fund 128,175 112,380
Improvement Fund - -
Mission Oppprtunity Fund - -
Lake Bequest Fund 15,997 15,231
Organ Fund (3,608) (2,993)
Projects Fund - -
Refurbishment fund - -
Security Fund 489 489
St Patrick's Fund - -
Youth Club Fund - -
392,195 394,090
----- End of picture text -----
6
Page 1 of 1