**Independent examiner's report on the accounts** **Section A Independent Examiner’s Report** ||Charity Name| |---|---| |**Report to the trustees**|THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIATICAL| ||PARISH OF BARKING| ||| |**On accounts for the year ended**|**Charity no**
**(if any)**
31-December-2024
1134027| ||| |**Set out on pages**|5 - 7| ||I report to the trustees on my examination of the accounts of the above| ||charity (“the Trust”) for the year ended 31 December 2024**.**| ||As the charity trustees of the Trust, you are responsible for the| |**Responsibilities and basis of**
**report**|preparation of the accounts in accordance with the requirements of the
Charities Act 2011 (“the Act”).| ||I report in respect of my examination of the Trust’s accounts carried out| ||under section 145 of the 2011 Act and in carrying out my examination, I| ||have followed all the applicable Directions given by the Charity| ||Commission under section 145(5)(b) of the Act.| |||I have completed my examination. I confirm that no material matters have|| |---|---|---|---| |||come to my attention in connection with the examination which gives me|| |||cause to believe that in, any material respect:|| ||| the accounting records were not kept in accordance with section|the accounting records were not kept in accordance with section| |**Independent examiner's**||130 of the Charities Act; or|| |**statement**|||| ||| the accounts did not accord with the accounting records.|| |||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.|| ||**Signed:**|**Date:**
08-05-2025
Lo
7|| ||**Name:**|MICHAEL LOMOTEY|| ||||| |**Relevant professional**
**qualification(s) or body (if any):**||**Relevant professional**
Association of Chartered Certified Accountants|| ||||| ||**Address:**|Fred Michael & Co Ltd|| |||12 Town Quay Wharf, Abbey Road, Barking, Essex 1G11 7BZ|| |||England|| Page 1 of 7 ## **St. Margaret's Church, Barking - Annual Report of the Parochial Church Council (PCC) for the Year Ended 31 December 2024** ## **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 2024 to 31 December 2024 are: Revd. Mark Adams Revd Cecelia Morkeh-Yamson Pelligrin Yetunde Aguda Glory Ozoemelam Dorathy Opara Cynthia Adams Babajide Aina Folashade Fagbemi Carol Brabender Irene Earwaker David Jarvis Olufunso 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. Page 2 of 7 ## **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 2024** Church Attendance There were 183 names listed on the Parish Electoral Roll in 2024 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 6 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 Page 3 of 7 The year 2024 saw the introduction and implementation of new initiatives in addition to the regular things done in the parish. The Health & Safety Charter and Safeguarding policies were updated and firmly integrated into the parish structure. The church centre went through a complete change starting with redecoration and right through to the structure of services provided and the management. The erstwhile tenancy at the church property, 48 Sunningdale Avenue, was terminated, the property comprehensively renovated and handed to a new management company in an assured tenancy scheme. ## Financial Review In 2024, incoming resources were £68,093 (£68,948 in 2023). Offerings increased by £8,353 (20%). Expenses increased by £11,145 (17%) to £75,890(£64,845 in 2023). Salaries and increased church upkeep (up 276%) responsible for the increase in expenses A deficit of £7,797 was recorded for the year 2024 (Surplus of £4,203 in 2023). 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, 2024** Page 4 of 7 ## Parish of Barking Statement of Financial Activities for the period ended 31 December 2024 **----- Start of picture text -----**
St Margaret's - St Margaret's - St Margaret's - St Margaret's Centre -
Unrestricted Funds Restricted Funds Endowment Funds Unrestricted Funds
Church
48 Repairs - Music Church
General Sunningdale Children & Youth Bell Tower + Director Housing Projects Security Choir Memorial Flower
Reserve Avenue Fund Workers' Fund Others Fund Fund Fund Fund Fund Fund Fund Organ Fund Lake Bequest Fund General Reserve Total
Incoming resources 68,093 - 33,500 10,000 10,000 7,125 9,000 - 554 590 60 5,020 777 25,174 169,893
Resources expended 75,890 - 5,001 16,164 11,410 41,869 7,424 - 849 435 - 1,412 - 25,333 185,786
Surplus/(Deficit) (7,797) - 28,499 (6,164) (1,410) (34,744) 1,576 - (295) 155 60 3,608 777 (159) (15,893)
Transfers between funds 81,758 - - - - (59,074) - - - - - - - - 22,684
Movement for the year 73,961 - 28,499 (6,164) (1,410) (93,818) 1,576 - (295) 155 60 3,608 777 (159) 6,791
Balances b/fwd 01.01.2024 (73,564) 165,000 19,770 88,055 1,410 128,175 - 489 295 4,569 222 (3,608) 15,997 45,385 392,195
Balances c/fwd 31 December 2024 397 165,000 48,270 81,891 0 34,356 1,576 489 - 4,724 282 - 16,774 45,226 398,985
**----- End of picture text -----**
Page 5 of 7 ## Parish of Barking 2024 Accounts in compliance with Charities Act 2011 |**St Margaret's**
General Reserve
48 Sunningdale Avenue Fund
Children & Youth Workers' Fund
Church Memorial Fund
Church Repairs - Bell Tower + Others
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 2024
Balances c/fwd at
31 December 2024
68,093
75,890
(7,797)
81,758
73,961
(73,564)
397
-
-
165,000
165,000
33,500
5,001
28,499
28,499
19,770
48,270
590
435
155
155
4,569
4,724
10,000
16,164
(6,164)
(6,164)
88,055
81,891
10,000
11,410
(1,410)
(1,410)
1,410
0
7,125
41,869
(34,744)
(59,074)
(93,818)
128,175
34,356
9,000
7,424
1,576
-
1,576
-
1,576
-
-
-
489
489
138,308
158,192
(19,884)
22,684
2,800
333,903
336,703
554
849
(295)
(295)
295
-
60
-
60
60
222
282
5,020
1,412
3,608
3,608
(3,608)
-
5,633
2,261
3,373
-
3,373
(3,090)
282
777
-
777
777
15,997
16,774
777
-
777
-
777
15,997
16,774
144,719
160,453
(15,734)
22,684
6,950
346,809
353,759
25,174
25,333
(159)
-
(159)
45,385
45,226
25,174
25,333
(159)
-
(159)
45,385
45,226
169,893
185,786
(15,893)
22,684
6,791
392,195
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