## **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 3I￿emb￿.2023 Charity no {rf any} 1134027 Set out on pages report to the trustèes on my eXaM￿atiOn 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 aG￿rdance wrth the requirements of the Charit5es Act 2011 report in respect of my exaM￿al.￿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 acco￿lts 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 req￿TeMent that the acco￿lts give a Irue and fairf viewwhich is not a matter considered as part of an examination. I have no Cor￿emS atvl have come across no matters in connection ￿￿1h the examiTk3tion to wlwch attention should be drawn in this reFort in orthrto e￿ble a proper ￿￿erStan(￿r￿3 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 -----**
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