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2020-12-31-accounts
Contents Page
Annual
Report ofthe Parochial		 Church Council 1-6
Independent
Examiners'
Report
Statement of Financial
Activities
Balance Sheet
Statement of Cash Flows 10
Notes to the Financial Statements 11-21

Chairman: The Rev'd Alan Gyle —Vicar ofthe Parish t The Rev'd Alan Gyle —Vicar ofthe Parish t
Churchwardens: Lorna Gradden t (Loy co-chair)
Robert Clouston t
Secretary; Philip Davies
Treasurer: Noel Craven
t
Electoral Roll Officer: lago Griffith
Safeguarding Officer: David Hayton
Children's Advocate: Virginia
Craven
0 denotes Standing Committee
member
PCC Members:
Until APCM 2020 Bramble Badenach-Nicolson
Lorraine Bondarenko
William
Cudmore
Lorna Gradden t
Christopher
Stephens t
Until APCM 2021 Roland Brunner
Patricia Dopheide
Thomas
Tull
Rachel Vosper
John White
Until APCM 2022 Noel Craven t
David Hayton
Anna Keighley 0
Melissa Longley
Robert Thomas
Lintil APCM 2023 Serena Butt
Tempe Brickhill
Sophia Galitzine
Aidan
Linton-Smith
Rupert Powell

Un tii 31*'Moy 2020 Serena Butt
Caroline Docker
Gardenia
Griffith
Sarah Tytherleigh
Until 31"Moy 2023 Philip Davies
Caroline Docker
Gardenia
Griffith
Christopher
Stephens
John White

Church a ttendanc ttendanc ttendanc e e e
The parish Electoral Roll stood at 263 at the year-end. Average Sunday attendance is currently 13Speople.
Advisers
Bankers C Hoare & Co
32 Lowndes Street
London
SW1X9HZ
Independent Examiners Jacob Cavenagh LSkeet
S Robin Hood Lane
Sutton
Surrey SM1 2SW
Correspondence Address The Parish Office
32a Wilton Place
London
SW1X 9SH

Potential Risk Risk Potential
Impact		 Steps to mitigate
risk		 Steps to mitigate
risk
Security of assets ~ loss or damage ~ review security arrangements
~ theft ofassets ~ asset register
and		 inspection programme
~ review insurance cover
Fund-raising ~ unsatisfactory
returns		 ~ implement
appraisal,		 budgeting and authorisation
~ lower number ofdonations due procedures
to COVID pandemic ~ review regulatory compliance
~ reputational
risks of campaign		 or ~ monitor the adequacy offinancial returns
achieved
methods
used		 ~ stewardship
review
~ actions ofagents and commercial
fund-raisers
~ compliance
with law		 and
regulation
Disaster recovery and ~ computer
system failures or loss		 ~ agree ITrecovery plan
planning of data ~ implement
data back		 up procedures and security
~ destruction
of property,		 measures
equipment,
records through		 fire, ~ review insurance cover
flood or similar damage ~ create disaster recovery plan
Cash flow sensitivities ~ inability to meet commitments ~ ensure adequate cash flow projections (prudence of
~ lack of liquidity to cover variance assumptions)
in costs ~ identify major sensitivities
~ impact on operational activities ~ ensure adequate information flow from operational
managers
~ monitor arrangements and reporting
Building facilities not ~ reduction
in use of building		 by ~ focus on fundraising
efforts for		 the capital appeal
suitable for meeting third parties resulting
in		 reduced
needs of potential hirers income
in light of COVID-19
Ongoing social ~ reduced
opportunity		 for larger ~ review fundraising and stewardship methods
distancing requirements fundra ising events

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2020 2019
Note
Fixed assets
Tangible fixed assets 81,087 90,370
Current assets
Debtors 51,283 48,045
Cash at bank and in Hand 151316 ~134359
202,599 182,404
Creditors
Amounts
falling due within one year		 8 89083 100301
Net current assets ~113516 82 103
Net assets ~4 172473
Parish Funds
Unrestricted 9 276,950 287,891
Restricted 10 (92,347) (125,418)
Endowment 10 10000 10000
4 03 172473
2020 2019
Cash from operating
activities (see		 below) 16,900 101,669
Cash flows from investing
activities
Interest receivable 57 309
Payments
to acquire tangible fixed		 assets (8 146)
Cash from/(used
in) investing
activities		 57 (7837)
Net cash inflow 16,957 93,832
Cash and cash equivalents
at 1January 2020		 ~134359 ~40 527
Cash and cash equivalents
at31December 2020		 1 1 1 134359
Cash used in operating
activities
Net income/(expenditure) 22,130 160,173
Interest received shown
in investing		 activities (57) (309)
Depreciation 9,283 14,527
Decrease/(increase)
in debtors		 (3,238) 14,596
Increase/(decrease)
in creditors		 (~11218 (~87 318
1 900 ~102 669

Unrestricted Restricted Total Total
Funds Funds 2020 2019
f f f f
2(a) Voluntary
income
Gift Aid donations 145,882 145,882 141,177
Legacies 335
Grants awarded 7,328 7,328
Other donations 50,857 50,857 72,115
Income Tax Recovered 38,078 38,078 36,191
Collections
(Open		 Plate) 3,824 3,824 15,123
Lent Appeal 2,259 2,259 1,998
Capital project fund 38,209 38,209 158,120
Mental
Health
First Aid		 Programme 9,375
John King Church Plate Fund 10,000
Dunhill
Medical Trust income		 55 55
QUEST income 16,000 16,000
Sundry
Donations		 and Appeals 35 260 35 260 42 169
245 969 91783 337752 486 603
2(b) Investments
Bank Interest
Receivable		 (UK) 57 57 309
57 57 309
2(c) Church activities
Weddings
and Blessings		 1,010 1,010 5,138
Funerals
and Memorials		 3,931 3,931 9,945
Special Service Music Fees 17,541 17,541 42,549
Church
Lettings		 10,275 10,275 36,843
Hall Lettings 3,200 3,200 11,871
Pioductlon
costs		 20,500 20,500
Other Income 110 110 2 195
56567 56567 108541
2(d) Activities for generating funds
Car Park Income 48,540 48,540 32,258
Network
rental income		 16,731 16,731 16,731
Insurance
claims		 812 812
Events 190 190 9117
~66 273 66 273 58 106
13
2 INCOME (continued) INCOME (continued)
2(e) Other income
Government
grants		 receivable —CJRS 9348 9348
9348 9348
Total income 378214 91783 4~69 9 7 653 559
3 EXPENDITURE
Unrestricted Restricted Total Tota I
Funds Funds 2020 2019
E E E E
3(a) Raising Funds
Fundraising ~1170 1170 2 032
1170 1170 2 032
3(b) Church Activities
Grants
—Lent Appeal		 2,259 2,259 2,160
Grants —Westminster schools 1,606 1,606
Common
Fund		 93,750 93,750 92,500
Incumbent
Costs		 543 543 652
Vicarage Expenses 2,553 2,553 2,534
Assistant Staff- Non-Stipendiary 4,800 4,800 6,600
Church
Running
Costs		 23,712 23,712 18,306
Church
Maintenance		 18,255 18,255 20,860
Upkeep ofServices 3,009 3,009 4,931
Hall Costs 5,402 5,402 3,089
Music Staff8 Choir 64,860 64,860 59,695
Special Service Music Fees 18,954 18,954 40,732
Ha I I Re nta I 17,346 17,346 17,880
Staff Costs 113,659 113,659 110,119
Parish Office Expenses 27,890 27,890 47,469
Other Support Costs 2,017 2,017 4,764
Other Professional Services 9,274 9,274 13,816
Programme
Costs		 4,272 4,272 569
Independent
Examination		 and accou ntancy 5,510 5,510 4,750
Video Production Costs 12,290 12,290
Vicar's discretionary 574 574 2,750
Capital Project 365
Music Appeal 4,200 4,200 19,962
Mental
Health
First		 Aid Programme 679 679 824
John Kings Church Plate 1,500
Depreciation 9 283 9 283 ~14527
438985 ~7712 446 697 ~491354
Total expenditure 4~40 155 7712 4~478 7

2020 2019
E f
Wages and salaries 89,132 85,181
Pension costs 7,216 5,827
Social security costs 6,717 7,777
Redundancy costs (included when legal agreement is reached) 4 580
107645 98785

The PCC made the following
charitable		 grants during the year: 2020
f		 2019
f
Westminster
Deanery Schools		 1,606
Bishop of London's Lent Appeal ~2259 ~2160
Total grants 3 865 2 160

Leasehold Improvements Moveable Furniture,
church to basement Organ church fittings &
hall
f		 flat
f		 restoration
f		 furnishings
f		 equipment
f		 Total
f
Cost or Valuation
At 1stJanuary 2020 100,000 13,190 137,870 19,695 186,383 457,138
Additions
At 31st December 2020 100000 13190 ~137870 19695 ~186383 457 138
Depreciation
At 1stJanuary 2020 35,293 13,190 135,806 12,514 169,965 366,768
Charge for the year ~1471 2 064 1082 4 666 ~9283
At 31st December 2020 ~36764 13190 137870 13 596 174631 ~376051
Net BookValue
At 31st December 2020 63 236 6099 11752
At 31st December 2019 64 707 2 064 7181 16418 90370

2020 2019
E f
Income tax recoverable 13,612 4,034
Other debtors 29,237 33,113
Prepayments and accrued income ~8434
51283		 10898
~5

2020 2019
E E
Other creditors 15,962 15,691
Accruals and deferred income 70,378 81,853
Social security and other taxes 2 743 2 757
100301

Total
General Fixed Asset Unrestricted
Fund Fund Funds
2020 2020 2020
E E E
Income 378,214 378,214
Expenditure (430872) (9283) L4440155
Net income/(expenditure) (52,658) (9,283) (61,941)
Transfers ~51000 51000
Net movement in funds (1,658) (9,283) (10,941)
Balance brought forward at 1"January 2020 197521 ~90370 287891
Balance carried forward at 31"December 2020 ~1958 3 82 087 276 950

Total
Genera
I		 Fixed Asset Unrestricted
Fund Fund Funds
2019 2019 2019
E E E
Income 431,750 431,750
Expenditure ~451298 14527 (4465 882255
Net income/(expenditure) ( 19,548) (14,527) ( 34,075)
Transfers 3214 26 923 ~30 137
Net movement in funds ( 16,334) 12,396 ( 3,938)
Balance brought forward at 1n January 2019 213855 77 974 291829
Balance carried forward at31"December 2019 197521 90370

Brought Income Expenditure Expenditure Expenditure Transfers Carried
forward forward
2020 2020 2020 2020 2020
E E E E E
Restricted
Funds
Dunhill
Medical		 Trust 1,693 55 1,748
Eric Day Fund 34,702 34,702
Vicar's Discretionary fund 10,791 ( 574) 10,217
Music Fund 8,690 35,260 ( 4,200) (35,000) 4,750
Capital project fund (198,345) 38,209 (160,136)
John King Church Plate Fund 8,500 8,500
QUEST fund 16,000 (16,000)
Mental
Health		 First Aid Programme 8,551 ( 679) 7,872
Lent Appeal 2 259 ( 2 259)
(125418) 91783 ( 7 712) ~51000 (92347)

Brought Income Expenditure Expenditure Expenditure Transfers Transfers Carried
forward forward
2019 2019 2019 2019 2019
E E E E E
Restricted
Funds
Dunhill
Medical		 Trust 1,546 147 1,693
Eric Day Fund 34,702 34,702
Vicar's Discretionary fund 11,268 2,273 ( 2,750) 10,791
Music Fund 19,055 37,597 ( 19,962) ( 28,000) 8,690
Capital project fund (356,100) 158,120 ( 365) (198,345)
John
King Church		 Plate Fund 10,000 ( 1,500) 8,500
Moira Stations oft The Cross project
OFCOM Fund 2,299 ( 2,299)
Mental
Health		 First Aid Programme 9,375 ( 824) 8,551
Lent Appeal 1998 ( 2 160) 162
~21809 ( 27 561) ( 30 137) (1RL618)
Brought Income Expenditure Transfers Carried
forward forward
2020 2020 2020 2020 2020
E E E E E
Endowment
Funds
Dunhill
Capital		 Fund 10000 10000
Brought Income Expenditure Transfers Carried
forward forward
2019 2019 2019 2019 2019
E f E E E
Endowment
Funds
Dunhill
Capital		 Fund ~10000 10000

Unrestricted Restricted Endowment
Funds Funds Funds Total
2020 2020 2020 2020
E E E E
Fixed assets 81,087 81,087
Current assets 284,946 (92,347) 10,000 202,599
Current liabilities ( 89083)
276 950		 (92347) (~89083)
~03
Unrestricted Restricted Endowment
Funds Funds Funds Total
2019 2019 2019 2019
E E E
Fixed assets 90,370 90,370
Current assets 297,822 (125,418) 10,000 182,404
Current liabilities ( 100301)
~29		 (~141 ) ( 100301)
~17247

2020 2019
E E
Within one year 20,601 25,193
After one year but within five years ~34 643 55 244
55 244 80437
The operating lease charges for the year were:
Land 17,321 17,321
Other 3 280 7 872
20601 25 193