2023-12-31-accounts

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Christ Church North Finchley Annual Meeting.

Being part of Christ Church Annual Parish Church Meeting 2024

It will be great to welcome all of you who are able to attend our annual church family meeting in person (this is definitely the best way to join in if you can). For those who are unable to be with us in person, you can listen in to the meeting via Zoom.

Zoom link:

= https://us02web.zoom.us/j/84386031272?pwd RXpYekMwQWVhUnUzTHF6dX pCQ3lOQT09

Meeting ID: 843 8603 1272 Passcode: 927853

Reports to church members &

prayer requests

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The Christ Church Family in action

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The Christ Church Family in action.

There are a few phrases that you hear often at Christ Church. One of the most common is “the Christ Church family”. It’s not only me that says it! I hear it on the lips of people all the time, even (encouragingly) from people who have recently joined us as they describe the way that people have made them feel welcome. I love it because it describes what Christ Church is, and should be. Across the whole sweep of the Bible, we find that God’s mission is to gather a big family made up of all kinds of people. God doesn’t gather a family in order to do his mission; his mission is to gather a family. It’s wonderful that through Jesus we get to be part of it.

In these reports and at our Annual Meeting we hear about the Christ Church family in action. Like any family, our members do a range of very different things, but we share a common identity and a common approach. In everything our aim is to know and show Jesus (and to grow in Jesus), and so to that end we want to have Bible, prayer and people at the centre of all we do. Under this umbrella, our activities fit into four different overlapping areas:

Gatherings: our services on Sundays and Thursdays and special occasions, our children’s ministry as part of this, our small groups, prayer meetings and

informal meet ups - different times when we meet together to grow in Jesus.

Outreach : those things we do to reach out into the communities around us with the good news and goodness of Jesus. These may be regular events (e.g. English Tuition, 123 Club, Brunch Club) or occasional, seasonal ones (e.g. Holiday Club, the Treat, Church Birthday weekend in July, Christmas events, Shab-e-Yalda etc). These hopefully feed into our gatherings through things like our Sunday welcome and Christianity Explored.

Process: the things we do which enable all of our other areas of our ministry to function and flourish. Our decision making (e.g. Church Council), administration, communication, safeguarding, accounting, care of buildings, technology and gardens, rotas and so on.

Partnerships: our active relationships with people outside of Christ Church with whom we work for Jesus to be known and shown. Some of these are our missionary partners who we support financially, others are local organisations with whom we work (e.g. Grace House, schools, Oak Hill College).

My heart is filled with thankfulness

In each of these four areas there is a lot going on! Christ Church is really remarkable for the amount of people who are involved serving voluntarily, every day of the week, all year round. This shows me that God is genuinely at work among us, because all this reflects his character. In Jesus’ church family every member has a role - the more we express that, the better. Hopefully reading these reports will fill you with thankfulness, because they give a small glimpse into a whole year of God’s grace in action.

Of course, because we’re primarily a family not an organisation, there’s much more to Christ Church than what we do. When one part of the body suffers, the rest suffers with it. When one part rejoices, the rest of the body rejoices too. There’s been plenty of both in the last year.

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Specific news items from me

News #1 New curate: Alex

Alex Williams will be joining us in July as curate. A curate is someone who is both serving in active pastoral ministry and training on the job for three years. He’ll be working closely with me and will be involved in a range of different areas of Christ Church life. It’s a lovely surprise for us to have Alex with us (we’ve not had a curate before in my time here), and we’re really thankful to the Lord and to Edmonton Diocese for sending him! Alex will be present at the annual meeting this Sunday, and then he will start working at Christ Church once he completes his studies at Oak Hill College and is ordained on 1st July at All Souls, Langham Place (come along!). From the start of August onwards Alex will be living in the church flat at 622 High Road. Please pray for him as he goes through the changes of the coming weeks and settles in to Finchley.

News #2 New partnership: Grace House

As I mentioned at last year’s meeting, Christ Church is moving into a much stronger partnership with Grace House Christian Care Home (Nether Street). Some of us have known Grace House for a number of years (our oldest

member, Betty, lives there). Christ Church, along with our neighbours St Paul’s Finchley, is now formally a member of the Christian Care Trust, the charity which runs Grace House. This means that we as a church now have a significant role in how the care home is run. I’m thankful to Will, Suki and Ernie for lots of work that has gone into making this happen, and I’m excited about the opportunities it brings us.

News #3 New Bishop: a different Bishop Rob

Over the last year our previous Bishop of Edmonton (Bishop Rob) has stepped down, and now we will be receiving pastoral support from Bishop Rob (a different one!). Bishop Rob Munro (Bishop of Ebbsfleet) has been offered to us by the Bishop of London as a pastoral support while the Church of England works out a plan for the future shape of Episcopal ministry in the wake of the

publication of Prayers of Love and Faith and the divisions which this has brought about. Confused? I’ve written something further down this newsletter to try to explain. It’s a great blessing to have such a faithful Bishop and we look forward to meeting Bishop Rob soon at Christ Church. He will be conducting Alex’s ordination in July.

Gatherings

Dave Walker – Services & House Groups

Our regular pattern of services continues, with weekly services on Sundays and Thursdays at 10.30am, along with monthly services of Prayer and Praise and seasonal services at other times.

We have five small groups running at the moment (in addition to Women on Thursday and the Sunday Iranian group, see below), one of which has grown out of a Christianity Explored group which has been running since January. It's been encouraging both to have an extra group and to have a few people join our existing groups.

Things to be thankful for:

• People being added to our congregations, especially on Sundays.

• Some signs of growth in our small groups and for persevering together in Jesus

• The faithful team of leaders, preachers, housegroup leaders, musicians, tech people and welcomers who make all of this possible.

• Church lunches being more established again.

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Things to pray for:

• Wisdom and faithfulness for all involved in planning and organising our services and small groups.

• For more of our members to join in with small groups.

Sue & Ian Fabray – Prayer

We meet for prayer on the first Monday of each month in church, the remaining Mondays we pray via WhatsApp.

It would be lovely to see more people at the monthly prayer meeting although our numbers have increased slightly. We now start at 7:30pm to make a little easier for those working.

We start at 7:15pm for WhatsApp prayer in our own homes, it’s encouraging that people join in at the end of the meeting with Amen and suggest topics for prayer. It helps all of us feel part of the church family.

Maggie Thorp – Youth and Children’s Report

Things to be thankful for:

Creche has continued to offer great child care for parents in the services, lots of fun and some precious song and story times that introduce the babies and toddlers to God’s love for them. All this is enhanced by the craft activities Shirley prepares for them to enjoy week by week. God has blessed us with a great team of leaders and helpers and we are especially grateful to Helen’s continuing leadership and for Candy. She has now stood down.

Things to pray for:

Please pray for new helpers as many current volunteers will be leaving us by the end of June.

Things to be thankful for:

Gateway has enjoyed the children’s enthusiastic response to some new Bible story telling methods which have helped the children engage with our amazing Lord Jesus’ life and teaching. We have told the Bible stories using little wooden figures, children guessing content and then completing pictures of the Easter stories and most recently charades! We continue to have a great team of Juno, Ade, Kelly and Maggie and are grateful for Juno taking on extra duties.

Things to pray for:

Please pray that children will draw the love and power of God that they learn about in their daily lives.

Things to be thankful for:

Explorers. We praise God for the number of students coming, averaging perhaps 15 each week. Also, we are grateful to God for their enthusiastic participation in the activities. We have great discussions and students ask challenging questions.

Things to pray for:

Please pray for their faith to grow as they get older and that they can show the light of Jesus to their friends at school.

Things to be thankful for:

Pathfinders (11–15-year-olds) - Jodie

We have been blessed with a growing pathfinder population and regularly have a group of over 12 young people on a Sunday morning. Praise God for young people coming back week after week.

The group have bonded well over the last year and friendships have flourished, some more shy members have opened up and genuine friendships have been built.

I am very thankful for the team we have in pathfinders (Margit, Will and Valeen). Margit has been leading sessions and I am so thankful for her hard work and

commitment.

Things to pray for:

Occasionally a rather rambunctious bunch, pray for focus for them and patience for us as we lead the young people. Pray also that what the young people are hearing is sinking in and taking root!

We have recently connected with Grace house care home and will be visiting them once a month starting in May to do craft/activities with the residents. Pray that this will go well and would be useful, encouraging and fruitful for everyone.

Us as we try to work out how best to use the space, we have to accommodate the number of young people we have. We have options available to us, pray that we might find the right spaces and use of spaces for each of the children and youth groups.

Tony Afuwape – Revive

Things to be thankful for:

We thank God for the opportunities we’ve had this year for fellowship at the socials and the visits to Grace House.

We are also grateful to God for the Revive teachers who have diligently provided their time on Sundays to deliver the sessions. May we continue to have adequate coverage for the coming year.

Things to pray for:

The young people to continue to engage with the church and to continue to grow and be inspired by the Word.

The Lord's wisdom and provision as we explore alternative spaces/rooms to hold the Revive sessions on Sunday.

Ash Nichols – Sunday Night Youth Group

Things to give thanks for:

That it has been more than a year since we restarted it and that we have a slowly growing but regular bunch of 6-8 young people who attend, including some who families don't regularly attend church and came following the holiday club last summer. Give thanks for our small but committed team.

Things to pray for:

We'd like to grow the team of leaders so that we can be more effective in reaching more young people and discipling those we have.

Pray that the children will continue to be keen to invite their friends and that the teaching would be effective in communicating the gospel to those who are relatively new to it.

Pray for wisdom as we explore folding in some young people from another local church who would value attending something for their age group and being part of a larger group. Pray that they would be well integrated and form strong friendships with our young people.

Kathryn Turl – Women on Thursdays (a group for friendship, prayer and bible study)

Things to be thankful for:

Deepening friendships amongst the group as we support each other in prayer through the ups and downs of our lives

Candy and Natalie joining our leadership team to lead bible studies and share the load, and for Suzie who has contributed so much to our group during her 2 years at our church.

Things to pray for:

New members to come and join our group as other members move on.

God's word to impact the hearts of those members of the group who are still seeking

Outreach

Rosemarie Nixon – English Tuition Classes

Things to be thankful for:

Shelia Anderson’s enthusiasm to re-join our teaching team

The committed given to our teaching

The commitment and on-going help from Wilf, Jonathan & Pauline

A gradual increase in numbers

Friendships.

Things to pray for:

Our current team, that they can continue to serve.

The number of students to increase and stabilise

Our ladies to gain confidence in speaking English in a variety of social settings.

Christina Siattis –123 Club

Things to be thankful for:

Parents, Carers and children continue to attend the 123 Club, we are thankful for the diverse range of adults and children of different ethnic backgrounds that God brings. The children enjoy exploring in the various activities and the adults enjoy meeting up each week, we are thankful for the new members and the sense of unity within the group. We give thanks to God for the opportunity of being able to explore His word together, of which everyone enjoys each week. Last year the 123 Club attended the Christmas Experience, we had really positive feedback from the members, of this we are thankful for. Recently the group learnt about the message of God's love at Easter. Our easter party was a joyful experience. Some members attended the Easter Treat.

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Things to pray for:

That we are an encouraging reflection of God's love.

That we continue to bless more families and that seeds are fruitful.

Jodie Willett – Brunch Club

Things to be thankful for:

I am incredibly thankful for all of the regular members of brunch club who come back each week and also that we have had some new members over the last year who have joined us.

Over the last year we have built on our connection with Wren academy primary school who have visited us to sing worship songs for us and talk with our members. This is such a huge blessing.

I am excited to have a Christian classical music group coming to visit and do a talk in May and am very grateful for links made over the years that have been able to be re-established.

Things to pray for:

Our members are mostly over 60s and that of course brings its challenges. Pray for the health and wellbeing of our members. Some facing surgery, some dealing with health issues and others facing moving into care homes. Pray that we may support each other and encourage each other to seek comfort in the Lord.

Pray for our connection with Wren academy that it may plant seeds of faith in the hearts of the children who visit us.

Pray for more members of the congregation to join us. The group is aimed at over 60s but open to all! It can be seen as ‘for old people’ and so those who are over 60 but feel young at heart don’t want to attend but should be encouraged that they are welcome! Also, younger members are a welcome addition and we pray they will come whether once in a while or regularly.

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Aled Williams & Mark Johnson - Persian Ministry Report

Things to be thankful for:

• DISCIPLESHIP is continuing. In the past year, we have held 3 Christianity Explored Courses in Farsi, which almost 50 Iranians have attended. They have a commendable willingness to learn, and are eager to share their faith and invite others.

• The ministry to the ASYLUM SEEKERS from the local hotels continues, which has led to a continuous stream of new believers being established in Christ.

• We held a SHAB-E YALDA (Persian Mid-winter) DINNER , which was attended by 123 people from Christ Church and several other churches in the area. It was a great opportunity to demonstrate our unity in Christ and work together with the rest of the church, integrating and making friendships while we all worked.

• We have BAPTISED 30 new believers in the past year, with more than a dozen currently seeking to be baptised attending the current Christianity Explored Course.

• 2 TIMOTHY 2:2 is happening. They have great enthusiasm for God’s Family and God’s word, they are always willing to serve, and they take Bible Study really seriously, diligently taking notes. From questions that they bring, it is clear that they are making efforts to share their faith with others they meet.

Things to pray for:

- PEACE in Iran and the wider region.

- MORE HELPERS . Many HAVE “left home or brothers or sisters or mother or father or children or fields for Jesus and the gospel”. (Mark 10:29) It is therefore

incumbent upon the church family, to be the “brothers, sisters, mothers, fathers, children”, which Jesus promises. (Mark 10:30) We need more helpers, especially women, to get alongside our Iranian family, to befriend them, while they are far from home, and if possible, to read the Bible together, help them with their English and pray together. This also brings reassurance to their families back in Iran, that they are safe, being supported, and they are not alone, but have a ‘family’, the church. This is so important to a culture which is far more family/community centred.

- THAT THEY MAY TAKE HOLD … of that for which Christ Jesus has taken hold of them. (Philippians 3:12-14) Sadly, many of our new Iranian family are relocated by the Home Office, after a few months, and have to begin building roots and a community all over again, which is very tough. Of those who are not dispersed, once they have been granted Leave To Remain, they often have only days to vacate their Home Office accommodation, and have to find alternative accommodation without a deposit or payslips, (as they are not permitted to

work for their first 12 months in the UK). Consequently, several of them have ended up homeless and sleeping rough in the short term, until they can find accommodation.

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Process

– Mike Barkway Churchwarden’s Report Things to be thankful for:

For the new church boiler and for being able to recover the entire cost of the work through an insurance claim.

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Prayer needs:

Guidance is required regarding the Narthex project. Our pre planning application for the project was not supported by Barnet planning last year. Therefore, the PCC will have to decide either to contest Barnet's decision or proceed with a revised scheme.

There is an extensive programme of works required in the church hall. Which includes fire safety improvements and longer term, the replacement and repairs to the hall windows

Finance – Ronnie Mathews

A full report on the finances of the church will be circulated at the meeting.

Jodie Willett – Stephens Hall Things to be thankful for:

I (Jodie Willett) have been appointed the hall manager, I am thankful for the role and for the progress made so far.

In January we employed a cleaner to work directly for us, this process was strenuous due to legal issues with the previous company being used but I am grateful for things being dealt with well and the cleaner doing a great job. We had the Parks lounge floor replaced and the room decorated. I am so thankful for the hardworking team who did the decorating and to all who contributed by purchasing a plank. The room looks great and we have had so many positive comments on it.

Things to pray for:

The work to be done in the hall. Primarily fire safety work and the installation of a disabled toilet. We pray for funds and provisions to get all the things that need to be completed done as soon as possible.

More bookings. We have some gaps in our week that it would be great to see filled with community groups or church groups. Pray that we can make the best

of the space and utilise its potential.

All the groups that visit the hall. Despite still having gaps in our weekly schedule, we do now have more regular users than ever before, including regular half term clubs etc. Pray that we might build good relationships with them and be able to share the Lord with them as much as possible.

– Sarah Afuwape Safeguarding

Things to be thankful for:

There have been no major/ significant incidents to report. Jodie, my Co-PSO and we are working well together.

Things to pray for:

A continued focus on safeguarding amongst our employees, volunteers and the whole congregation. That we remain a church family that cares for one another and is sensitive to each other’s needs.

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Cath Demetriou – Thinking Green

Things to be thankful for:

New much greener boiler system installed

New greener electricity supplier

The Treat and holiday club using much more sustainable resources and less plastic

New links with Finchley pollinators through Sheila B

Wild flower areas planted in the church garden

No mow May happening once again.

Things to pray for

Much still needs to be done

Wisdom to know what areas to focus on with limited time for meeting

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– Kelly Morris IT Report

Thankful for:

Really thankful for the extra volunteers that have slowly started to appear, taking some of the pressure off myself and Amy. Being able to serve our church family in this way is such as blessing and being able to serve alongside such amazing people makes it even better. Using tech to reach people both inperson and online is becoming more and more a necessity in many churches, so that we have a system and the people to enable us to do that is such a privilege.

Things to pray for:

Maybe one or two more volunteers for those moments when none of the core team are around, especially with many of us having lots of unknowns coming up.

– Maggie Thorp Flats at 622 High Road

Things to be thankful for:

Alex our new Curate will move into the top flat.

The tenancy agreement for the other flat will now be 3 years

Things to pray for:

With thanks for Maggie for all the work she does.

Alex as he makes his home in Christ Church and in the flat

Claire East – Hall Administration

Things to be thankful for:

For my family for helping me after my surgery, especially my daughter, Laney who waited 8 hrs in the hospital whilst I had my surgery.

The efficient group leaders who contact me with all updates, payments made and other information to help the church run their groups.

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Things to pray for:

Those in our congregation, partners and parish who work with the homeless

and refugees remembering especially our work with the Iranian community and the work of Barnet Together and Samaritan's Purse.

Colin Short – Parish Administration

Things to be thankful for:

The efforts of Mike and Dave in arranging for 2 new boilers for the church. I

hope that everyone can feel the difference.

The installation of the new boilers coincided with the introduction of a new

parking regime, which I hope that everyone is now getting used to.

All the volunteers who give so much to the life and ministry of the church.

Things to pray for:

There are still repair and maintenance needs both in the church and hall and the Churchwardens and PCC will need wisdom as to how best to deal with these.

Partnerships

Dave Walker – Missions Report

At Christ Church we take part in God's worldwide mission both through our local ministry and through partnership with others both locally and globally.

Things to give thanks for:

Our mission partners Gareth & Katherine Mort (Wycliffe Bible Translators in Nigeria), Colombo Theological Seminary (Training pastors in Sri Lanka), Open Doors (supporting persecuted Christians around the world), Church Army (sharing the gospel and social care in the UK) and Pathway (gospel ministry

with schools in North London). These are the organisations we support financially and from whom we hear regular updates (which we share via the newsletter).

Encouraging personal contact with our partners. It was a joy to have the Morts and Ivor & Denisa Poobalan (Colombo) visiting us in the summer.

The faithful ministry of Mike and Vicky Tomlinson. After many years of serving the Lord in the Middle East, Mike and Vicky and the family have now returned to the UK where Mike is now leading a church. It was a blessing to see them in July and to hear a final update from them. We thank the Lord for encouraging his church, sharing his good news and blessing many people (especially families) through them. We also thank the Lord for John Cooper who has maintained our partnership with them over a number of years.

Fruitful partnership with Pathway (our newest partner), through the Christmas Experience and School assemblies and services, which has strengthened our connection with a number of local schools.

Things to pray for:

Ongoing faithfulness and provision for our mission partners.

For us to be faithful in encouraging and supporting them.

Wisdom as we seek to reallocate our funds now that the Tomlinsons have returned to the UK.

Schools

It's great to have really good partnership with Wren Academy and also with Moss Hall. The Wren partnership involves them coming to us for services on various times during the year (primary harvest, Christmas, Easter and y6 leavers in the summer and secondary carol services), and regular primary visits to brunch club as well as Dave going in to take regular RE lessons in the primary school. These school services are really well attended by children and

parents, and are some of the biggest events we hold at Christ Church during the year. The Moss Hall link has been greatly helped by Pathway, with whom we go in to take assemblies, as well as hosting some visits at Christ Church.

Give thanks for:

Great relationships with staff and children at Wren and Moss Hall, and for the many opportunities we have to share Jesus through these links.

Pray for:

The continued link with Wren now that Rachel Juckes (the primary teacher who has done a wonderful job of establishing our link with Wren) moves on in the summer.

Oak Hill College

Oak Hill continues to do a great job training people for pastoral ministry. We are privileged to partner with them through our placement students (currently Simon, Joel and Rob), who are a huge blessing at Christ Church. After 5 years of teaching Anglican MInistry on Tuesdays at Oak Hill, Dave stepped down from that role in the summer.

Give thanks for:

The students and staff of Oak Hill and their faithfulness and love for the Lord and his church.

Pray for:

More students to come through for training (in the midst of uncertainty in the Church of England and post Covid, numbers of ordinands are low at the moment).

The Church of England

At Christ Church we are thankful to be members of the Church of England and continue to be active within our diocese and deanery. Aled, Natalie and Cyril represent us on Deanery Synod and Kelly and Dave represent us on Diocesan Synod. Dave is also an area sub-dean in Barnet Deanery.

The Church of England continues to need our prayers among serious controversy and division about its theology and direction. During the last year the Prayers of Love and Faith have been approved for use which has deepened this. I'm not proposing to outline the reasons for this here - please follow this link to something I wrote last year which explains the key points.

One of the key practical issues among this is how we relate to our bishops, as they have been given a particular responsibility in guarding and articulating the teachings of the church, and some of whom have also been the main driving force in moving away from these Bible-based teachings in practice. The national house of bishops and general synod are working on options for the future, with the Church of England Evangelical Council being a key voice asking for clear support for churches who want to remain faithful to historic Anglican teaching.

In December the Bishop of London (Bishop Sarah) wrote to the diocese offering temporary additional pastoral support from within the London College of Bishops for any churches who wanted to dissent from the new direction typified by Prayers of Love and Faith (PLF). Christ Church PCC and Dave wrote a joint letter to Bishop Sarah asking for this support (a number of our neighbours have done the same - e.g. St Barnabas church). We have been offered the support of Bishop Rob Munro, the Bishop of Ebbsfleet, who works within the London College of Bishops. Bishop Rob's original role within the London College of Bishops has been to cater for evangelical churches who had requested the oversight of a male bishop, but now he is also taking care of churches like us who have requested additional pastoral provision for reasons connected with PLF.

The upshot of this is that we will hopefully see Bishop Rob at Christ Church soon. It also explains why, even though there is now a new Bishop of Edmonton (Bishop Anderson), we're more likely to have direct dealings with Bishop Rob. We're thankful for this provision and consideration from the London Bishops.

Please pray on for all our Bishops as they navigate the difficult situation that has emerged, and pray for our synod reps, for our PCC and for Dave that we would be gracious, faithful and clear within it.

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Minutes of the 2023 AGM

Christ Church North Finchley – Minutes of the Annual General Meeting held on Sunday 21 May 2023 at 3:00pm

Annual Parish Meeting.

The purpose of this meeting is to elect two Church Wardens and, unlike other church business due to be discussed, only those who are on the Electoral Roll and those living in the parish are eligible to vote.

Election of Church Wardens:

DW announced two nominations for Church Warden – Mike Barkway and Will Hawkes. Both nominees were duly elected. 35 church members attended the meeting.

Minutes of Previous Meeting:

Held on Sunday 22 May 2022 were approved and signed by the Chair.

DW welcomed everyone both in church and on zoom and opened the meeting with a short time of prayer.

DW reflected over the past year and listed a number of “Things to be thankful for”. He gave thanks for the number of volunteers who enabled all the church

activities to take place. The bonding between church members across all generations. The number of young people and children attending the various Sunday morning groups and the number of people now enrolled in home groups.

DW then interviewed leaders of the various church groups:

Youth and Children’s Ministry – Maggie Thorp reported more than 60 children in groups where lessons and activities are tailored to their age group needs. Additional volunteers are always needed, especially for cover if any of the leaders or helpers are away.

Finance Ronnie Matthews – RM advised that a full set of accounts can be obtained from the Church Administrator and gave a brief overview of the status of all church accounts. RM emphasized the need for increased giving to help cover the costs of running the church and urged the use of gift aid where possible.

Church Building. Mike Barkway outlined plans for renovating the Narthex – Step-free access to the church building, disabled toilets, street facing doors. He confirmed the Architect will be submitting plans to the London Borough of Barnet Planning Department. Once this has been granted the Architect will apply to the Diocese for a Faculty and then we need to start fundraising to meet the costs of the proposed work. MB also reported that the church boiler is very old and parts are now difficult to obtain so we will need to budget for a replacement in the near future.

Safeguarding: Sarah Afuwape showed a series of slides giving an overview of the Church Safeguarding Policy and who church members should speak to if they have any concerns.

Church Hall Will Hawkes reported that the hall roof and doors require attention and there have been some problems with the boiler which are being

addressed.

Grace House: DW reported that we are working St Paul’s Long Lane to form a Chistian Care Trust to run and manage Grace House.

Appointment of people to positions of responsibility:

• Church Wardens – Mike Barkway and Will Hawkes

• Treasurer – Ronnie Matthews

• PCC Secretary– Christine Denny-Cooper

• Church Council – Maggie Thorp, Kelly Dimgba, Tony Afuwape, Sarah Afuwape, Jodie Willett, Nakato Kiwana Annie Nicols and John Cooper ex officio

• Deanery synod- To Be Confirmed

• Appointment of Independent Examiner – John Helm FCA (Simply Churches Limited)

The meeting closed in prayer at 4.30pm.

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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF CHRIST CHURCH NORTH FINCHLEY

Diocese of London

Charity Registration Number: 1134773

Report & Accounts 31 December 2023

Tandem Accounting Chartered Accountants 17 Heathville Road London N19 3AL

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF CHRIST CHURCH NORTH FINCHLEY

Report and Financial Statements 2023 Contents

	Page
Legal and administrative information	2
Report of the Parochial Church Council	3
Independent Examiner’s report to the Parochial Church Council	9
Statement of financial activities	10
Balance sheet	11
Notes to the financial statements	12

1

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF CHRIST CHURCH NORTH FINCHLEY

Legal and Administrative Information For the year ended 31 December 2023

Charity Name THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF CHRIST CHURCH NORTH FINCHLEY.

Charity No 1134773. The Parish was established in 1864 and is a charity which was formally registered with the Charity Commission on 10[th] March 2010. Principal Address 620 High Road, North Finchley, London N12 0NU . Governing Document Parochial Church Council (Powers) Measure 1956 as amended and The Church Representation Rules (Contained in Schedule 3 to the Synodical Government Measure 1969 as amended).

Objective To Know and Show Jesus, within its local community and as part of the extended mission of the Church.

Members of the PCC The Members of the PCC who served during the year or who were serving at the date of this report were:

Clergy David Walker (Vicar) Churchwardens Michael Barkway (re-elected May 2023) Will Hawkes (re-elected May 2023) Elected Lay Representatives Christine Cooper (re-elected May 2023) Belinda Willett (re-elected May 2023) Tony Afuwape (re-elected May 2023) Nakato Kiwana (re-elected May 2023) Kelly Dimgba (re-elected May 2023) Margaret Thorp (re-elected May 2023) Anneliese Nichols (Elected May 2023) Enjoh John Haruna (Elected May 2023) Graham Turl (Elected May 2023) Ronald Mathews (re-elected May 2023)

Lay Representatives to the John Cooper Deanery Synod

Key Management Those in charge of directing, controlling, running and operating the Church on a day-to- Personnel day basis are the members of the PCC and the Church Administrator.

Bankers Charities Aid Foundation Bank 25 Kings Hill Avenue, Kings Hill Malling, Kent ME19 4JQ

Independent Examiner John Helm ACA Tandem Accounting 17 Heathville Road London N19 3AL

Quinquennial Louise Goodison RIBA Inspector Cazenove Architects 32-32 Clarence Mews London E5 8HL

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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF CHRIST CHURCH NORTH FINCHLEY

Report of the Parochial Church Council For the year ended 31 December 2023

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF CHRIST CHURCH NORTH FINCHLEY (“PCC”) submits its report and the financial statements of the PCC for the year ended 31 December 2023. The Financial Statements have been prepared in the format prescribed by the Statement of Recommended Practice: Accounting and Reporting by Charities (SORP2015 (FRS102)) and the Financial Reporting Standard 102. The legal and administrative information set out earlier in this document forms part of this report. The PCC considers that these Financial Statements provide a True and Fair view of the Financial Position of the PCC in accordance with governing legislation and the Church Accounting Regulations 2006, governing the individual accounts of PCCs.

The PCC co-operates with the incumbent in promoting the whole mission of the Church within its Parish and beyond. It also has responsibility for the non-stipendiary staff and the maintenance of the Church building, Stephens Memorial Hall, the Vicarage and the property at 622 High Road.

1. Structure, Governance & Management

1.1 Trustees

The PCC is a body corporate with perpetual succession. The PCC meets bi-monthly during the year and operates through a number of working groups which meet in addition to the full meetings of the PCC. The PCC discusses a full range of matters relating to finance, fabric, general administration and responsibility for keeping of the Electoral Roll. Members of the PCC are either ex officio or elected by the Annual Parochial Church Meeting (APCM) in accordance with the Church Representation Rules. The incumbent PCC at the date of this report has held office since the last Annual Parochial Church Meeting in May 2023.

1.2 Church Attendance

The electoral roll is completely reviewed and revised once every six years but is updated every year in between. It currently stands at 114.

1.4 Risk Management

The PCC’s primary concern and aspiration is the furtherance of the Gospel to the glory of God, both in the local community and in the wider world, in keeping with its ethos which is “to know and show Jesus”. Whilst the PCC trusts wholly in the Lord to work out his good will to this end, it also recognises the responsibility that the Church bears for the Individual Members and to the Membership as a corporate body, in terms of the identification and management of risks that may be faced in the pursuit of its goals. The PCC has therefore assessed the risks it faces and has put into place proper policies and procedures that it considers are necessary to mitigate these risks.

Christ Church North Finchley has a number of measures in place to mitigate risk. These include a Safeguarding Policy that is structured in accordance with the guidelines set out by the Church of England, a Health and Safety policy that recognises its Duty of Care to all people entering the premises and a Finance Policy that recognises the Fiduciary Duty that it has for the proper maintenance and care of the Church Finances. These and other Policies that direct the functioning of the PCC are underwritten by a sensitive yet robust pastoral structure at the centre of which is the care of the individual, which is its ultimate goal.

1.4 Safeguarding

Regarding the PCC's obligations to safeguard children and vulnerable adults, the members of the PCC confirm that they have complied with their duties under section 5 of the Safeguarding and Clergy Discipline Measure 2016.

1.5 Quinquennial Inspections:

The last quinquennial inspection was undertaken in November 2022. The main observation was that the church building is generally in good condition and well maintained, with no major causes for concern.

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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF CHRIST CHURCH NORTH FINCHLEY

Report of the Parochial Church Council For the year ended 31 December 2023

2. Activities, Strategies & Public Benefit

The PCC has given due regard to the Charity Commissions’ guidance on public benefit. To this end the PCC organises the following activities in order to enable ordinary people to live out their faith as part of our parish community:

• Providing facilities for public worship, pastoral care and spiritual, moral and intellectual development, both for its members and for anyone who wishes to benefit from what the Church offers; and

• Promoting Christian values, and service by members of the Church in and to their communities, to the benefit of individuals and society as a whole.

3. Achievements and Performance

The church has continued to thrive in the last financial year, and has continued to build on the successes of the previous year in ministering to the pastoral needs of the congregation. Church attendance has been increasing, and it is heartening to note that this reflects in a core of regular church attendees. The Online Ministry continues to be a medium by which the pastoral needs of the congregation are being met, particularly with regard to members of the Congregation who cannot regularly attend Church services in person. Interaction with the wider community, through schools’ visits and other engagements have continued. Our partnership with Pathway, a local charity with a focus on taking the message of the gospel to a younger audience has proven fruitful, with the church being used to stage Christmas and Easter Experience events and with the launch of the Youth Club on Sunday Evenings.

Stephens Memorial Hall continues to benefit from the investment made in upgrading the facilities in the previous year. Hall use has increased as is evident from the increase in Income year on year. There has been further investment in the Hall to install a new fire alarm and upgrade the lighting. A refurbishment of the floor in the Parks Lounge was carried out since the year end. The PCC expects that these costs will be recouped over time through income arising from the use of the Hall.

Income from the Hall has remained stable in the year and it is hoped that this trend will continue. Operating costs have continued to be high in the year, and it is hoped that these will reduce in the near term. The engagement of an onsite caretaker to ensure high standards are maintained has been a success, and this has been reflected in the feedback that has been received from regular hall users.

The Flats at 622 High Road, have been occupied throughout the financial year, at a full market rent, making a significant contribution to Church income. These funds are being used to restore reserves that were utilised in the redevelopment of the flats. Our acceptance of the offer of a Stipendiary Curate, by the Diocese, will mean that Flat 1 will no longer be available for renting, as this will be used to provide accommodation for Alex Williams the new Curate. It is anticipated that Alex will be ordained and in post by July 2024.

Further in-depth analyses of the Income and Expenditure for the year and of the financial position of the PCC at 31[st] December 2023 are provided in the following pages of these financial statements.

4. Going Concern

With church attendance growing, the PCC is confident that there is no significant risk to the Church as a going concern.

Income from Hall lettings has remained stable, and the PCC is confident that this trend will continue.

Congregational giving has remained relatively stable through the last year, as the congregation has continued to support the church despite the challenges posed by the rising cost of living.

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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF CHRIST CHURCH NORTH FINCHLEY

Report of the Parochial Church Council For the year ended 31 December 2023

The reduced Common Fund contribution, negotiated in 2020, continues to ease cash flow pressures. This will be reviewed periodically and uplifts in payments will be made where possible. Rental income received from the letting of 622 High Road is being used to restore funds that were used in the redevelopment of the property. These will be available to meet common fund obligations when the funds have been restored. The commencement of the Curacy in July 2024, will however result in the repayment taking longer than anticipated, due to the loss of rent, and we have informed the Diocese accordingly.

The PCC considers that there are no significant risks posed to the Church as Going Concern and that it is therefore appropriate that the Financial Statements for 2023 should be prepared on a Going Concern basis.

5. Financial Review

The PCC’s has three main sources of Funding which are Income derived from the Freewill offerings of Members of the Congregation, the income derived from the Letting of Stephens Memorial Hall and the Income derived from the Letting of the flats at 622 High Road.

5.1 Financial Activity and Financial Position

The Statement of Financial Activities and Balance Sheet can be found on pages 10 and 11 respectively. The Church has a net deficit of £12,679 in the year to December 2023. This is in comparison to a net surplus of £ 19,467 in the year to December 2022. Income received in the period amounted to £204,402 (£185,647 in 2022) and Expenditure amounted to £217,081 (166,180 in 2022). This includes income received from the Hall and Clubs. The deficit was a result of the expenditure incurred in replacing the church boiler.

5.1.1 Income

The Church received income of £74,654 (£81,240 in 2022), through voluntary giving by members of the congregation. Voluntary Giving towards the maintenance of the Church amounted to £4,574 (£11,520 in 2022). Grants amounting to £6,475 were received in the year (£4,141 in 2022). A legacy of £20,000 was received from the estate of Jessie Cox. The total amount received through Voluntary Giving amounted to £101,129. (This compares with £85,381 in 2022).

Tax recovered from Gift Aided receipts recognised in the period amounted to £15,441 (£16,033 in 2022). Actual receipts in the year amounted to £14,639 and this included £10,175 relating to 2022. A further provision of £10,944 has been made for amounts recoverable for 2023, which together with interest, received yields the amount reflected in the financial statements for 2023.

Income from the Hall and Clubs and ancillary church activities amounted to £54,453 (£51,265 in 2022). The income from Stephens Memorial Hall has remained relatively stable through the year,

Rental income received from the Flats at 622 High Road was £ 33,379 (£32,968 in 2022). The Flats were occupied throughout the year at a full market rent.

5.1.2 Revenue Expenditure

The Church contributed £36,000 (£41,000 in 2022) towards the Church of England Common Fund. The reduced contributions are in line with the ongoing agreement with the Diocese.

The total Employment costs paid by the year amounted to £18,456 (£20,381 in 2022). No liability to Employer’s National Insurance was incurred as these costs fell within the Employers Allowance for the period.

Employment Costs are Allocated between the Church and Stephens Memorial Hall. The Cost allocated to the Church in the period was £ 13,256 (£12,708 in 2022) and the cost allocated to the Hall amounted to £ 5,200 (£7673. on 2022)

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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF CHRIST CHURCH NORTH FINCHLEY

Report of the Parochial Church Council For the year ended 31 December 2023

Total costs of £54,517 (£8,045 in 2022) were spent on maintaining the fabric for the Church. This included £48,190 (Nil in 2022) for the replacement of the Church boiler. A further £21,354 (£15,948 in 2022) was spent on Utilities and Insurance.

Costs incurred in the Operation and Maintenance of Stephens Memorial Hall were £59,576 (£49,519 in 2022) and £3,947 for the operation of the Clubs (£3,073 in 2022). Maintenance Costs of £989 were incurred with regard to 622 High Road, (£2,111 in 2022)

5.1.3 Missionary Giving

The Church has a policy of allocating 10% of its Unrestricted Income (Excluding Exceptional items) towards supporting the advancement of the Gospel through the work of our Mission Partners both in the United Kingdom and abroad. The amount allocated for this purpose was £8,406 (£8,589 in 2022).

5.1.3 Capital Expenditure

Capital Expenditure of £3,833 was incurred in 2023 on the purchase of a new Sound Desk. (£Nil in 2022). Expenditure incurred in upgrades for the Hall have been treated as revenue expenditure in these accounts. The cost of replacing the Church boiler has not been treated as capital expenditure as it is the subject of an insurance claim.

5.2 Fund Balances at the Year End

The Funds of the Church are divided into three categories:

• General Church Fund: Which is an Unrestricted Fund

• Designated Funds: Hall Funds, and Club Funds which are Unrestricted Funds.

• The Maintenance Fund: Which is a Restricted Fund.

Total Funds at the Year End amount to £2,061,271. The General Funds had a balance of £1,964,024 Designated Funds a balance of £16,569 and the Maintenance Fund a balance of £80,678.

The General Church Fund includes the Fixed Assets, The General Church Bank Account, the Debtors and the Creditors. Taken together with the changes in Debtors and Creditors, the General Church Funds have increased by £55,158. There has been no change in the value of Stephens Memorial Hall or 622 High Road. The value of Stephens Memorial Hall is included at £1,577,231 and the value of 622 High Road at £356,147.

The Designated funds show a decrease of £19,165 in the year. This is mainly due to the application of funds held in reserve to the upgrade and maintenance of Stephens Memorial Hall.

The Maintenance Fund is held for the maintenance of the Church Building and other ancillary elements forming part of its fabric. The Fund shows a decrease of £48,671 in the year.

The Redevelopment Costs of 622 High Road were met from cash reserves held in the Maintenance Fund as the PCC considered it preferable to use these funds for the redevelopment rather than borrow the funds from third parties. To ensure that the funds are repaid and to provide a mechanism for the repayment, the rents received from 622 High Road over a period of approximately 5 years will be treated as Designated Funds to be held for the maintenance of the Church Building. This will be implemented from 2024, and rental income received in prior years will be transferred to the Designated Fund created for this purpose.

The PCC further provides an undertaking that they (via the General Fund) will borrow funds at commercial rates using 622 High Road as collateral, and repay in full any amounts outstanding in respect of this borrowing, should this become necessary for the maintenance of the Church Building, at any time prior to the repayment of the borrowing in the manner prescribed above.

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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF CHRIST CHURCH NORTH FINCHLEY

Report of the Parochial Church Council For the year ended 31 December 2023

6. Reserves Policy

The PCC has as yet no clearly formulated Reserves Policy, however, an analysis of the funds show the following free reserves at the year end.

	Balance at	Balance at
	31 Dec 2023	31 Dec 2022
Total Reserves	2,061,271	2,073,950
Less: Restricted Funds	(80,678)	(129,349)
Less: Fixed Assets	(1,935,933)	(1,933,378)
Free Reserves	44,660	11,223

7. Plans for Future Periods

A new fire alarm was installed in the Hall and remedial work on the emergency lighting was also undertaken at a cost of £12,642. A further £ 5,316 was spent on replacing the internal lighting. The floor of the Parkes Lounge was replaced at a cost of £2,400 in February 2024. A further Phase 3 of the Hall upgrade is planned. Phase 3 will include the installation of Secondary Glazing and an upgrade of the Disabled Persons Toilet. Phase 3 has not been fully costed and will proceed when more funds become available.

8. Responsibilities of Trustees for the Financial Statements

The PCC is responsible for preparing the report and the financial statements in accordance with applicable law and United Kingdom Generally Accepted Accounting Practice. Charity law in England and Wales requires the PCC to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the PCC and of the income and application of income of the charity for that period.

In preparing those financial statements, the PCC is required to:

• select suitable accounting policies and apply them consistently;

• observe the methods and principles of the Charities SORP

• make judgements and estimates that are reasonable and prudent;

• state whether applicable accounting standards have been followed, subject to any departures disclosed and explained in the financial statements; and

• prepare the financial statements on the going concern basis unless it is inappropriate to presume that the activities of the charity will continue.

The PCC is responsible for keeping adequate accounting records which disclose with reasonable accuracy at any time the financial position of the charity and enables them to ensure that the financial statements comply with the Charities Act 2011, the Charity Accounts and Reports Regulations 2008 and the provisions of the governing document. The PCC is also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. The PCC is responsible for the maintenance and integrity of the charity and financial information included in the charity’s website.

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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF CHRIST CHURCH NORTH FINCHLEY

Report of the Parochial Church Council For the year ended 31 December 2023

9. Approval

The report of the PCC was approved by the PCC on 22[nd] April 2024 and signed on its behalf by:

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David Walker Vicar

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Ronald Mathews Treasurer

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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF CHRIST CHURCH NORTH FINCHLEY

Report of the Independent Examiner to the Parochial Church Council of The Ecclesiastical Parish of Christ Church North Finchley

I report on the accounts of the Parochial Church Council of Christ Church North Finchley for the year ended 31 December 2023, which are set out on pages 10 to 23.

Respective responsibilities of PCC and examiner

The PCC are responsible for the preparation of the accounts. The PCC consider that an audit is not required for this year (under section 144(2) of the Charities Act 2011 (the 2011 Act)) and that an independent examination is needed. The charity’s gross income does not exceed £250,000 and I am qualified to undertake the examination by being a qualified member of the Institute of Chartered Accountants in England and Wales.

It is my responsibility to:

• examine the accounts (under section 145 of the 2011 Act);

• to follow the procedures laid down in the General Directions given by the Charity Commissioners (under section 145(5)(b) of the 2011 Act); and

• to state whether particular matters have come to my attention.

Basis of independent examiners’ report

My examination was carried out in accordance with the General Directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and the seeking of explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and, consequently, no opinion is given as to whether the accounts present a ‘true and fair view’ and the report is limited to those matters set out in the statement below.

Independent examiners’ statement

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

1. accounting records were not kept in respect of the church as required by section 130 of the Act; or

2. the accounts do not accord with those records; or

3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 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.

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.

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John Helm Chartered Accountant 7th May 2024

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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF CHRIST CHURCH NORTH FINCHLEY

Statement of Financial Activities For the year ended 31 December 2023

Notes INCOME AND ENDOWMENTS Voluntary Income 2(a) Gift Aid Recovered 2(b) Income from Functional Properties 2(c) Church Activities 2(d) Investment Income 2(e) TOTAL INCOME EXPENDITURE Church Activities 3	Unrestricted Restricted TOTAL Funds Funds 2023 £ £ £ 96,555 4,574 101,129 14,323 1,118 15,441 80,687 80,687 6,879 6,879 112 154 266 -	Unrestricted Restricted TOTAL Funds Funds 2022 £ £ £ 73,861 11,520 85,381 13,190 2,843 16,033 77,800 - 77,800 6,341 - 6,341 21 71 92
	198,556 5,846 204,402	171,213 14,434 185,647
	162,564 54,517 217,081	158,135 8,045 166,180
TOTAL EXPENDITURE NET INCOME/(EXPENDITURE) BEFORE INVESTMENT GAINS NET GAINS ON INVESTMENTS NET INCOME / (EXPENDITURE) TRANSFER BETWEEN FUNDS NET MOVEMENT IN FUNDS Total Funds Brought Forward at 1st January	162,564 54,517 217,081	158,135 8,045 166,180
	35,992 (48,671) (12,679)	13,078 6,390 19,467
	- - -	- - -
	35,992 (48,671) (12,679) - - -	13,078 6,390 19,467 - - -
	35,992 (48,671) (12,679) 1,944,601 129,349 2,073,950	13,078 6,390 19,467 1,931,524 122,959 2,054,483
Total Funds Carried Forward at 31st December	1,980,593 80,678 2,061,271	1,944,601 129,349 2,073,950

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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF CHRIST CHURCH NORTH FINCHLEY

Balance Sheet For the year ended 31 December 2023

Notes FIXED ASSETS Stephens Memorial Hall Building (622 High Road) Equipment 5 CURRENT ASSETS Debtors and Prepayments 6 Cash at bank and in Hand 7 LIABILITIES Creditors - Amounts falling due within one year 8 NET CURRENT ASSETS / (LIABILITIES) TOTAL NET ASSETS PARISH FUNDS Restricted Funds 9 Unrestricted Funds Designated Funds 9 General Church Funds 9 TOTAL PARISH FUNDS	Unrestricted Restricted Funds Funds TOTAL TOTAL 2023 2023 2023 2022 £ £ £ £ 1,577,231 - 1,577,231 1,577,231 356,147 - 356,147 356,147 2,555 - 2,555 -
	1,935,933 - 1,935,933 1,933,378 21,527 - 21,527 17,231 42,780 80,678 123,459 145,797
	64,307 80,678 144,986 163,028 19,648 - 19,648 22,456 44,660 80,678 125,338 140,572 1,980,593 80,678 2,061,271 2,073,950 - 80,678 80,678 129,349 16,569 - 16,569 35,734 1,964,024 - 1,964,024 1,908,867 1,980,593 80,678 2,061,271 2,073,950

The financial statements were approved by the PCC on 22[nd] April 2024 and signed on its behalf by:

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David Walker Vicar

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Ronald Mathews Treasurer

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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF CHRIST CHURCH NORTH FINCHLEY

Notes to the Financial Statements

For the year ended 31 December 2023

1. Accounting Policies

The principal accounting policies adopted, judgements and key sources of estimation uncertainty in the preparation of the financial statements are as follows:

Basis of accounting

The financial statements have been prepared under the Charities Act 2011 and in accordance with the Charities Statement of Recommended Practice (Charities SORP (FRS 102)) and Financial Reporting Standard 102 (FRS 102)). The financial statements are drawn up on the historical cost basis of accounting except for the Church Building which is excluded and Other Land and Buildings which are included at Market Value

The financial statements include all transactions, assets and liabilities for which the PCC is responsible in law.

The PCC meets the definition of a public benefit entity under FRS 102.

Going Concern

There are no material uncertainties about the charity’s ability to continue as a going concern and accordingly the accounts have been drawn up on a going concern basis.

Income recognition

Voluntary income and donations (including legacies) are accounted for when received. Income from the recovery of tax on gift aided donations is accounted for in the period to which the relevant donation is received.

Income derived from Functional Properties are accounted for when earned. They are shown gross, with the associated costs of generating the income is included in the running costs of the Asset.

Interest on funds held on deposit is included when it is received.

Expenditure recognition

Expenditure is accrued as soon as a liability is considered probable, and the amount of obligation can be measured reliably. The PCC is not registered for VAT and accordingly expenditure includes VAT where appropriate.

Charitable expenditure includes those costs in fulfilling the PCC’s principal objects, as outlined in the Report of the PCC. These include, governance costs and an apportionment of support costs.

• Governance costs comprise all costs involving the public accountability of the PCC and its compliance with regulation and good practice. These costs include costs related to the independent examination and legal fees.

• Support Costs are costs incurred in the running of the Church, Hall and 622 High Road.

The PCC contributes to employee’s workplace pensions in accordance with prevailing legislation, where the employee has opted to remain in the workplace pension scheme. The cost in the accounts is the amount of contributions paid and payable during the year.

Taxation

As a charity, the PCC is exempt from tax on income and gains falling within the provisions of the Corporation Taxes Act 2010 or the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects. No tax charges have arisen on the PCC.

Tangible Fixed Assets

Consecrated Property and Moveable Church Furnishings

Consecrated land and benefice property such as the church building and vicarage is excluded from the accounts in accordance with s10 of the Charities Act 2011. No value is placed on moveable church furnishings that are held by the vicar and churchwardens on special trust for the PCC and which require a faculty for disposal, since the PCC considers this to be Inalienable property. All expenditure incurred on consecrated or benefice buildings and moveable church furnishings, whether maintenance or improvement, is expensed within the Statement of Financial Activities and not Capitalised and Amortised within the accounts.

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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF CHRIST CHURCH NORTH FINCHLEY

Notes to the Financial Statements For the year ended 31 December 2023

1. Accounting Policies (Continued)

Freehold Land & Buildings

The freehold land and building, represented by Stephens Memorial Hall and the residential accommodation at 622 High Road N12 are stated at their current valuations for insurance purposes. Depreciation is not provided as the estimated residual value is considered to be the same or higher than the carrying value of the property in the accounts.

Tangible Fixed Assets for use by the Charity

The cost of other furniture, fittings and equipment, less any expected residual value, is depreciated on a straight-line basis over the effective useful life of the asset, which has been estimated as 3 years.

Debtors

Debtors are included at the settlement amount due. Prepayments are valued at the amount prepaid.

Cash at bank and in hand

Cash at bank and in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of opening of the deposit.

Creditors and provisions

Creditors and provisions are recognised where the charity has a present obligation arising from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are recognised at their settlement amount.

Fund accounting

The funds held by the charity are either:

• Unrestricted general funds - these are funds which can be used in accordance with the charitable objects at the discretion of the PCC.

• Designated Funds are monies designated for use in the upkeep and maintenance of Stephens Memorial Hall, and for the running of the 123 Club, The English Tuition Club and the Thursday Luncheon Club.

• Restricted funds - these are funds that can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. The Maintenance fund is a restricted fund which solely benefits the maintenance of the Church building.

Rounding Differences

The PCC recognises that rounding differences may arise in the preparation of these accounts, as amounts are presented in whole numbers of the base currency (GBP) and subunits (Pence) ignored. These rounding differences have been treated as immaterial in the notes to the accounts, to maintain consistency with the headline figures.

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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF CHRIST CHURCH NORTH FINCHLEY

Notes to the Financial Statements For the year ended 31 December 2023

2. Income and Endowments

Unrestricted Restricted TOTAL TOTAL Funds Funds 2023 2022 £ £ £ £ 2(a) Voluntary Income Planned Giving 66,741 4,574 71,315 79,902 Collections at Services 2,959 2,959 857 Legacies Received 20,000 - 20,000 - Amounts Allocated for Specific purposes Holiday Club 380 - 380 480 Grants Received 6,475 - 6,475 4,141 Income for Specific Purposes - - - - 96,555 4,574 101,129 85,381 2(b) Gift Aid Recovered Gift Aid Recovered - Unrestricted 14,323 14,323 13,190 Gift Aid Recovered - Restricted - 1,118 1,118 2,843 14,323 1,118 15,441 16,033	Unrestricted Restricted TOTAL TOTAL Funds Funds 2023 2022 £ £ £ £ 2(a) Voluntary Income Planned Giving 66,741 4,574 71,315 79,902 Collections at Services 2,959 2,959 857 Legacies Received 20,000 - 20,000 - Amounts Allocated for Specific purposes Holiday Club 380 - 380 480 Grants Received 6,475 - 6,475 4,141 Income for Specific Purposes - - - - 96,555 4,574 101,129 85,381 2(b) Gift Aid Recovered Gift Aid Recovered - Unrestricted 14,323 14,323 13,190 Gift Aid Recovered - Restricted - 1,118 1,118 2,843 14,323 1,118 15,441 16,033
2(c) Income from Functional Properties Income From Stephens Memorial Hall Income from 622 High Road - Rent Income from the Use of the Church Building	47,308 - 47,308 44,465 33,379 - 33,379 32,968 - - - 368 80,687 - 80,687 77,800
2(d) Income from Church Activities Sale of Books, Cards and CDs, Concerts and Other Fees from Courses, Groups and Events Fees from Weddings and Funerals Income from Clubs Income from the English Tuition Club Income from The Luncheon Club Income from the 123 Club 2(e) Investment Income Bank Interest Received Total Income	21 - 21 275 3,358 - 3,358 2,883 1,324 - 1,324 812 556 - 556 1,179 501 - 501 241 1,120 - 1,120 951 6,879 - 6,879 6,341 112 154 266 92 198,556 5,846 204,402 185,647

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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF CHRIST CHURCH NORTH FINCHLEY

Notes to the Financial Statements For the year ended 31 December 2023

3. Expenditure

Total Expenditure in the Year to December 2023 of £217,081 (£166,180 in 2022) is analysed as follows:

Unrestricted Restricted TOTAL TOTAL Funds Funds 2023 2022 £ £ £ £ 3(a)Church Activities Ministry and Outreach Contribution to the London Diocesan Fund 36,000 - 36,000 41,000 Youth and Children's work 867 - 867 2,231 Expenses Reimbursed - - - 332 Sundry Ministry and Outreach 8,034 - 8,034 10,135 44,901 - 44,901 53,698	Unrestricted Restricted TOTAL TOTAL Funds Funds 2023 2022 £ £ £ £ 3(a)Church Activities Ministry and Outreach Contribution to the London Diocesan Fund 36,000 - 36,000 41,000 Youth and Children's work 867 - 867 2,231 Expenses Reimbursed - - - 332 Sundry Ministry and Outreach 8,034 - 8,034 10,135 44,901 - 44,901 53,698
3(b) Employment Costs Administrator's Remuneration - Church Proportion Employers NIC	13,256 - 13,256 12,708 - - - - 13,256 - 13,256 12,708

The total Employment costs paid by the year amounted to £18,456 (£20,381 in 2022). No Liability to Employers National Insurance was incurred as these costs fell within the Employers Allowance for the period. The Church Administrator’s salary is borne by the Church only, and the salary for the Hall Administrator is paid by the Hall. These figures are provided in Note 4 below.

The Charity had two employees in December 2023. Colin Short and Claire East were employed throughout the year. Kwame Acheampong was engaged in January 2024, as the Hall Caretaker.

3(c) Church Running Expenses General Administration Costs Printing and Stationery Statutory Fees Supplies Subscriptions Bank charges	4,265 - 4,265 6,217 120 - 120 687 392 - 392 926 - - - 644 1,353 1,353 1,807 178 50 228 340 6,309 50 6,359 10,620

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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF CHRIST CHURCH NORTH FINCHLEY

Notes to the Financial Statements For the year ended 31 December 2023

3. Expenditure (continued)

		Unrestricted	Restricted	TOTAL	TOTAL
		Funds	Funds	2023	2022
		£	£	£	£
3(d)	Church Repairs and Maintenance
	Church Premises - Cleaning	1,090	-	1,090	1,299
	Church Premises - Utilities	6,568	-	6,568	8,853
	Church Premises - Insurance	13,695	-	13,695	5,796
	Church Premises - Maintenance of the Fabric of Buildings	20	53,190	53,210	1,368
	Professional Fees	1,205	-	1,205	1,477
	Vicarage -Utilities	1,642	-	1,642	1,576
		24,220	53,190	77,410	20,369

Of the £53,190 spent on the maintenance of the fabric of the Church premises, £48,190 was spent on the replacement of the Church boiler. These costs have not been capitalised, as they were the subject of an insurance claim, consequent to the boiler being damaged beyond repair following a flood in the boiler room during a storm in September 2023. The insurance settlement in the sum of £50,993 was received in April 2024.

3(e) Maintenance of Other Functional Properties Expenditure on Stephens Memorial Hall Expenditure on 622	59,576 - 59,576 49,519 989 - 989 2,111 60,565 - 60,565 51,630
3(f) Expenditure on Clubs Expenditure on the English Tuition Club Expenditure on the Luncheon Club Expenditure on the 123 Club	2,348 - 2,348 1,867 459 - 459 161 1,140 - 1,140 1,045 3,947 - 3,947 3,073
3(g) Missionary and Charitable Giving Open Doors The Church Army Pathway (Children's Charity) Wycliffe Bible Translators Grace House (Christian Retirement Home) Colombo Theological Seminary	1,401 - 1,401 1,388 1,401 - 1,401 1,388 1,401 - 1,401 1,388 1,401 - 1,401 1,388 1,401 - 1,401 1,388 1,401 - 1,401 1,651 8,406 - 8,406 8,589

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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF CHRIST CHURCH NORTH FINCHLEY

Notes to the Financial Statements For the year ended 31 December 2023

3. Expenditure (continued)

Unrestricted Restricted TOTAL TOTAL Funds Funds 2023 2022 £ £ £ £ 3(h) Governance Costs Examiner's Fee 960 - 960 960 960 - 960 960 3(i) Other Costs Depreciation of Church Equipment - 1,278 1,278 4,533 - 1,278 1,278 4,533	Unrestricted Restricted TOTAL TOTAL Funds Funds 2023 2022 £ £ £ £ 3(h) Governance Costs Examiner's Fee 960 - 960 960 960 - 960 960 3(i) Other Costs Depreciation of Church Equipment - 1,278 1,278 4,533 - 1,278 1,278 4,533
Total Expenditure	162,564 54,517 217,081 166,180

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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF CHRIST CHURCH NORTH FINCHLEY

Notes to the Financial Statements For the year ended 31 December 2023

4 Analysis of Stephens Memorial Hall Income and Expenditure:
4 Hall Accounts Income Regular lettings and groups Parties and other casual lets Expenditure Utilities, cleaning, insurance Repairs and maintenance Administration & Salaries Net Deficit	2023 £ 46,573 735 47,308 29,961 24,415 5,200 59,576 (12,268)	2022 £
		42,076 2,389
		44,465
		17,993 23,853 7,673
		49,519
		(5,054)

Stephens Memorial Hall, although forming part of the Charity, is managed independently as it derives income from its own activity. The analysis of Income versus Expenditure for the Hall alone is set out above. The analysis provides further detail relating to the Income figure shown at note 2(c) and the Expenditure figure shown at note 3(e) above.

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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF CHRIST CHURCH NORTH FINCHLEY

Notes to the Financial Statements For the year ended 31 December 2023

5 Tangible Fixed Assets

Freehold Land and Buildings:

The Church has control over two Functional Properties, Stephens Memorial Hall and the house at 622 High Road. On advice from the Diocese the Cost of these properties are now included as Fixed Assets on the Balance Sheet on the basis of their Insurance valuation. The book values of both properties have been increased by redevelopment costs incurred.

No Depreciation is charged since the value of these properties are generally increasing rather than decreasing.

		622 High Road House £ 356,147 356,147 - - - 356,147 356,147	Stephens Hall Total £ £ 1,577,231 1,933,378 - 1,577,231 1,933,378 - - - - - - 1,577,231 1,933,378 1,577,231 1,933,378
	Cost at 1 January 2023 As at 31st December 2023 Depreciation As at 1 January 2023 Charge for year As at 31 December 2023 Net book value at 31 December 2023 Net book value at 31 December 2022

Equipment

The value of Equipment purchased is Included in the Balance Sheet at its Net Book Value. Depreciation is charged on a straight-line basis over the effective useful life of the asset, which has been estimated as 3 years. The Net Book Value of Equipment held at the end of the year is £2,555.

	Equipment
	Total
	£
Cost at at 1 January 2023	13,600
Equipment Purchased during the year	3,833
As at 31st December 2023	17,433
Depreciation
As at 1 January 2023	13,600
Charge for year	1,278
As at 31 December 2023	14,878
Net book value at 31 December 2023	2,555

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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF CHRIST CHURCH NORTH FINCHLEY

Notes to the Financial Statements For the year ended 31 December 2023

6 Debtors
Prepayments HMRC (tax reclaim) Amounts Due from the Letting of Stephens Memorial Hall Net Salaries, PAYE & Pensions	2023 2022 Total Total £ £ 246 6,713 10,944 10,142 9,763 - 574 376 21,527 17,231

7 Cash at Bank and In Hand

General Church account Maintenance account Hall Current Account Hall Reserve Account English Tuition Club - Bank & Cash The Luncheon Club- Bank & Cash The 123 Club - Bank Account	Cash as at 1 Jan 2023 £ 22,970 87,095 23,392 4,917 6,577 361 484	Receipts In The Year £ 112,683 38,210 61,064 20,098 556 501 1,120 234,232	Payments in the Year £ (101,079) (52,988) (78,556) (20,000) (2,348) (459) (1,140) (256,570)	Cash as at 31 Dec 2023 £ 34,574 72,317 5,901 5,014 4,785 403 464
	145,797			123,459

The Net cash position of the PCC has decreased by £22,339

8 Creditors – Amounts falling due within one year

Rental Deposits for Flats Amounts due to Suppliers and Unpaid at the Year End Amounts due to Missions Partners Provision for Additional Payment to the London Diocesan Fund Payments on Account from the Letting of Stephens Memorial Hall Accruals Sundry Creditor	2023 Total £ 3,166 3,658 9,794 - 997 948 1,085 19,648	2022 Total £ 3,069 1,672 8,325 5,000 2,297 1,008 1,085
		22,456

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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF CHRIST CHURCH NORTH FINCHLEY

Notes to the Financial Statements For the year ended 31 December 2023

9 Analysis of Parish Funds

Movements during 2023

General Church fund Designated Funds Stephens Memorial Hall Current Account Stephens Memorial Hall Reserve Account English Tuition Club The Luncheon Club The 123 Club Designated Funds Total for Unrestricted Funds	Balance at 1 Jan 2023 Income Expend. Transfers Balance at 31 Dec 2023 £ £ £ £ £ 1,908,867 135,217 (80,061) - 1,964,024 23,392 61,064 (78,556) - 5,901 4,917 98 - - 5,015 6,577 556 (2,348) - 4,785 361 501 (459) - 403 484 1,120 (1,140) - 464
	35,734 63,339 (82,502) - 16,569
	1,944,601 198,556 (162,563) - 1,980,593
Restricted Funds Maintenance Fund Grand Total	129,349 5,846 (54,517) - 80,678
	2,073,950 204,403 (217,080) - 2,061,271

Movements during 2022

General Church fund Designated Funds Stephens Memorial Hall Current Account Stephens Memorial Hall Reserve Account English Tuition Club The Luncheon Club The 123 Club Designated Funds Total for Unrestricted Funds	Balance at 1 Jan 2022 Income Expend. Transfers Balance at 31 Dec 2022 £ £ £ £ £ 1,890,330 123,155 (104,618) - 1,908,867 10,445 43,296 (30,347) - 23,394 22,624 2,390 (20,097) - 4,917 7,265 1,179 (1,867) - 6,577 281 241 (161) - 361 578 951 (1,045) - 484 41,193 48,058 (53,517) - 35,734 1,931,524 171,213 (158,135) - 1,944,601
Restricted Funds Maintenance Fund Grand Total	122,959 14,434 (8,045) - 129,349 2,054,483 185,647 (166,180) - 2,073,950

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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF CHRIST CHURCH NORTH FINCHLEY

Notes to the Financial Statements For the year ended 31 December 2023

9 Analysis of Parish Funds (continued)

Descriptions of the funds and their purpose are as follows.

Unrestricted Funds:

The General Church Fund: The General Church Fund is an Unrestricted Fund and Includes the Fixed Assets, the General Church Bank account the Debtors and the Creditors. The fund Income is received from Voluntary Giving by the members of the Congregation, and its expenditure is incurred in the operation of the Church.

Restricted Funds:

The Maintenance Fund: The Maintenance Fund is a Restricted Fund that is used for the Maintenance of the Church Building and other ancillary elements forming part of its fabric. The Fund Income is received from Voluntary Giving by members of the congregation.

Designated Funds:

The Hall Current Account : The Hall Current Account receives Income that is derived from the use of the Hall. Expenditure on the operation of the Hall is also paid from this fund. The fund may also be used for General Charitable Purposes subject to limits imposed by the Hall Deed and the Hall Charity Commission Scheme (1972)

The Hall Reserve Account: The Hall Reserve has been accumulated over time from Surpluses generated from the Hall’s activities. The Hall Reserve is held for the purpose of major Maintenance or Redevelopment work of the Hall.

English Tuition Club: Income is derived from the activities of the Club and Expenses are paid out of Income received. The fund surplus has been accumulated over time from the activities of the Club.

The Luncheon Club: Income is derived from the activities of the Club and Expenses are paid out of Income received. The fund surplus has been accumulated over time from the activities of the Club.

The 123 Club: Income is derived from the activities of the Club and Expenses are paid out of Income received. The fund surplus has been accumulated over time from the activities of the Club.

Analysis of closing balances at 31 December 2023	Analysis of closing balances at 31 December 2023
			Owed
	Fixed		between
	Assets	Cash	funds	Creditors	Debtors	Total
	£	£	£	£	£	£
General Church fund	1,935,933	26,213		(19,648)	21,527	1,964,024
Designated Funds
Stephens Memorial Hall Current Account	-	5,901	-	-	-	5,901
Stephens Memorial Hall Reserve Account		5,015	-	-	-	5,015
English Tuition Club	-	4,785	-	-	-	4,785
The Luncheon Club	-	403	-	-	-	403
The 123 Club	-	464	-	-	-	464
Designated Funds	-	16,569	-	-	-	16,569
Total for Unrestricted Funds	1,935,933	42,782	-	(19,648)	21,527	1,980,593
Restricted Funds
Maintenance Fund	-	80,678	-	-	-	80,678
Grand Total	1,935,933	123,460	-	(19,648)	21,527	2,061,271

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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF CHRIST CHURCH NORTH FINCHLEY

Notes to the Financial Statements

For the year ended 31 December 2023

10. Related Party Transactions

There were no Expenses incurred by PCC members in relation to training, travel, subsistence or communication in the year.

Members of the PCC gave a total of £20,269 (2022: 12,970) in unrestricted offerings and donations during the year.

There were no other related party transactions in the year to 31 December 2023.

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