RF.GlStERED cl￿RITy NUMBER: 1134966 REPORT OF THE TRUSTEKS AND UNAUDITEDFINANCIAL stATE￿￿5 FOR THE YEAR ENDED 31 DECEhlBER 2023 FOR TUE PAIUSH OF NF.IV MALDEN & COOMBL CHIUSf CHURCH St. JOHN'S Collards Chartered Accountants 5-9 Eden Streei KiDg$￿i-U[N)n-Th3rn¢s Surrc) KTI IFIQ THE PAIUSH OTr NTIV IIIALDLI & COOMB£ ClllUST CHURCH AND ST. JOIIN'S COYL TENYS OF THE FINANCIAL STATEME￿75 FOR THF. YEAR EII)F.D 31 DECEIIBER 2•23 2¢ Report of the Trnst¢ Irtdeptndt*t F.xamintVs Rtport Slattme*t ofFinan¢i•l Aelivities Bal8n¢¢ Shtrt Clsh Flow Ststtmtht Nofe5 to the Cash Flov Sthtcmelll 'ates to the FirL*llcial StstemeDts 9 kn 16 tklail¢d Sla¢¢m¢nt •f AetiYitieS 17 to 18 TIJE PARtSH OF MALDEN & COOMBE, CHRIST CIIURCII ANDsf. JOHNTS REpoirf OF THE TRLSTELS TrOR THL YEAR EII)ED 31 DECEIIBF.R 20LI The Iruslees present their ￿port with the fMwJcio1 slal¢JJKntsoftt* ¢hatity for ￿ year￿ded 31 tkc¢mkr2023. Irnsiees hav¢ adopted the piovisions of A¢counting and ReportiThg by Ch8riti¢s'. Sts*nKnt of R¢comTnended Prnctitt &pplica612 to chBrities prcparing their accoutsls in accordance iyith th¢ Fin8rtial Re￿1￿1￿¥ Stsndard applicabk its th¢ UK and Ro)ubli¢ of irtlènd (FRS 102) {effecliv¢ l JgfLU8ry 2019). The P8fiKhial ch￿￿h Council. a]on8 with other PCCS iticonje in ex(r55 of £]￿.1￿. r¢gi51ered os a charity the Commission during 2009 (R¢giste￿I ChgJity No. IIM966). The Parochial Church Coullcil is ￿qUI￿d. asststed tn Ihe Parochial Cburdj Courtcils (Po￿￿$) Measure 1956. to cTroperaie iviih ihe minister in pron]oling in the p8rith ihe TlliSSiOn ofik ChU￿h. pas¢oraI.ewarJg¢li￿l4 social and ecwneni¢o1. When planDuig our aclivilies foribe yeat. I￿ incurnb¢nt and lh¢ PCC hav¢ collsi(kT¢d the Clwity Comrnission's guid￿ oft public ben¢fil a￿d, in particular, specific guidance on Ch￿l￿S for the advRrALYment of ￿lig￿r￿. In partkcular. try to enable ordinary people lo live out iheir faith a¥ part of our parish Community ihrough.. - Worship and prny¢r' - Leamti￿ the fjosp¢l.. - and developing tho1rkno%v]￿8¢ 8t￿ tr￿51 in Ja%Ls Chrim. - pro¥isioll of pasloral care lor p¢opl¢ living in the PaTi5J4- - Inissionary 2nd outreaChw￿rk. FIh'AI%CIAJ, REllIblV FinFÈlltiAI posltiott FUIN'D DEI-AILS Tr#*5ftr toifyoro RalantÈblfwd atl J4n 2023 B#Taneeeifwd I￿1 Dee 2023 Unreslriet¢d funds: Christ Church Genernl Fwid St John's gcrteTal fund reehold Pro￿rtY Rrsfll 731.138 101.741 222.623 197,701 I ID.203 237,638 82.033 691,301 119,734 222.623 (10.177) Total 1,055.602 307.9)4 315.126 (10,177) 1,035.152 Restrieted Fund$ 57.938 61,658 40.718 10.177 89.05S TOTAI, 1.113.540 369.562 359.839 1.122.713 ThE church118s a wlicy of retaining un]estricted fun(LswuiYaknl lo I￿y> to thr¢¢ months, ofnornial eKpendilure. There is increase of planned giving includ¢5 in¢om¢ of £20.649 ¢oit¥>*rtd 10 iasi >ear. 'lThc majorily of in¢oInc io ihc unre51rict¢d funds came froiij volimiary 8iving including rcclaimed St￿ leEacie& £237,304 (2022 - £255,408). The Dext largest soiii¢e of inco]ne fiorn church aclivilie5 £58,52712022- £45,694) 1*41ich i￿l￿deS Idiings and rentsl of church prOs￿rty. 'I'oial 2023 unreslrictrd cxFndiluT¢ £319,67112022- £318.797). Ihe lar8est itun ofexrtnditllrc from the llnrcstricied fvn(L% ivas the p￿iSh share payment to the dit￿e £96,148 Q022 £99:910), iiiih oilKY significanl Tclation to Stair salaties and eXpcn￿S £93.601 {202?. £85,76013nd propert). co¥$ £79,7(h)12022_ £7&3641. Re5on'es polit The PCCS policv 15 to niaiNtain wir¢*ric1￿ YeseTves e4uiiaJenl to 3 - 4 ]nonih5 of ¢lwities expetHlitute . As at the ejid of 2023. aciual reseTVts ￿tre iiEII in cxcess ofihis l¢k¢l. mainly as a tonstqu¢ntt of kwics T¢¢tiir¢d duTing ihc ycar. Thc PCC is gtwing wnsideialion 10 hoiv Ihese should be speni_ STRUCTURE, c.OI,F.RI￿￿CL AryD IllANAGF.IIEN-I" Governin8 dotument The ¢haiiti' is coniroll¢d by lis goi'eming documerti. adEed OfI￿St and£on5titute5Bn Uni]KOT￿rated charity- Page I THE PARISH OF YI EIV %IALDE.% & C(IOhlBE CHIUST CHLIiCH ST. JOHN'S RF.PORT OFTHF.TRusfEFS FOR THE YEAR LNI)ED 31 DECF.IIBER 2023 STRUCTURE. COVERN'ANCE AND MAN'ACLMENT Org8•t5ati(knal strn£t￿re Full meetings of the Piio¢hial Churth COW￿11 xte usually held sixtiiiie5 peryeaT. St John's is s¢r¥￿ by it$ Distiict Chw¢h Coun¢il th¢ Si JohD'5 sta￿[1￿9 Committ¢¢. St John's District Church Council wide pjwttsover StJohTh'$ It￿tter$ utththe PCC. StJohh'8 Sta*ding COMNJItteeh￿ powets devolved from IF* Si John's Distrid Churth Council. Certain as￿¢15 of the PCC'S ivork ale delegate¢ in the frsi iLstsrtee 10 ￿b￿0[￿nI11ee& tne]Dlxrship of waith may include Ll)-OPted rn¢mkrs oftlLe ¢hur¢h who are not m¢mkrsofili¢ PCC. These roii)rnil¢¢¢& hoMEver. r¢pon to th¢ PCC. Th¢iE funclions are a5 follow5.. PCC St￿Nd1￿￿ Cornmillet cat4 if t*¢¢SS3Tr'. condu¢E UTgEni of the Pa[Orh￿ Church cou￿]1 ]￿Il￿al PCC me¢lings artd any oihcr business ivhieh PCC so decith4 rewrting to Ihc nexi PCC t￿¢11￿8. Tr Statsjing Conimiite¢ now meets bi-monihly {bel￿een PCCS) a5 part of R largu Leadership Team. It currently includes ￿￿thin its ￿￿1( role5 PI¢ViOU5 tKifDTffl¢d by the artd Fabric Co]timitiee. fJnan¢e tole assisting the Ttrasuret in ihe fortllulation of ihe Chrisl Church Blld8￿ Al￿￿￿1 Accoull￿ thc moniwring of and exFnditure Pl￿ advjsing the appropriaie means of fundin8 sFcial itcms of cxpcnditute and oiher t￿￿-budgeted items. Thc fabric tolc i]]dudes SUEfThiSEQJ) of ihe ￿aInle[￿ncE presttvaiion of 1he fabric. goods and ornaments of Ihe vamus chri￿ chll￿h proKert￿ artd recomTh*ndsiO tt* PCC 8PPTowiaie repair. maiiitenan or improv¢m¢nts. Assessment of Risks The PCC is a%vate of its tesponsibililies for asse>$i]￿ 118 risks arKI i$ Salisr￿L that tKBior risks have been asstssed by i sub-¢oin]niticcs. Tbc Tisks a$scsstd ￿trt-. il I ryrty fjre or theft. Jnsurance coi'er is r￿a￿ts1[￿ llgait￿ iM)th Th5￿ The w1￿iF￿9Tr Wblicies CO[￿1￿ excesses in the amount of £lOO. ill mi5approprialion of (und> Th¢ budg¢l¢d eX￿ndit￿r¢ for ¢xh y¢aT 15 apwoved by fvll PCC. Th¢ PCC r¢vi¢w5 expe￿]ItUre ainst biidge15 and eiisuies there 15 4 basic Segre￿￿￿ ofdulies kn Buatd winst the pDlcntial foT tbE rnisappropTiation of fund& The amoiinis ofcash held ai any Or￿ lime are T￿1 maieTial w Ihc Parbsh. Ai Si Joho'& li￿ signaiories are w￿lted for any ch¢qu¢ in ¢xcess of£400 and all tleclronic payftients. All matters ini'olving ¢x[*￿Ill￿r¢ irt ¢x¢css of£lOOO. apprO￿¢d by St JohTh's DCC put to the fiill PCC. At Christ Churc14 expejiditure repl&u]8 existing itetns likc•for.lJTre up to £3,0(K) be approved b}. I StsiidiIig Coininille¢. Ncw CKtKndilU￿ aiK>v¢ £700 is pui to Ik PCC. All paytnenls att ￿adC ¢lrEIToniEalli and reguir¢ dual auihorisation. Thc onl}. cyc¢piion is for bank pa)meni cards li￿re onl}. a 5ingk auikntiMtK)rt js possible. Any such p&)'tnents AbO￿e £71M) iwill have been agreed in advance. iti) Alle82tions of inappropriate belJ8viour 98allJSt ￿rADI)S acti1￿ ot) beh91f of ihe P*15￿ All cmpbyecs 9re subjecl to Ca￿[111 f¢GTuilrDenl 5¢reening. Tr P3ri5h ￿l￿￿Til￿S lo tho Diocesan scheme for 5cr¢ening all Ihos¢ iNvolved in childr£J)'S I%￿[k. thild￿lte is 811tn so tliat ÈClivitie$ aTe stTUCtuted in thai ￿1￿lm]Se8 Ihe p)ieniiai for aJle8alio￿% to atise.-IIK I￿$ Complied i%'iih tlie diiiy undor seciion 5 of ihe Safeguarding DI￿1p11n¢ M¢asuT¢ 2016 (duty io have duc Yegard 10 Iknus¢ of BislM)ps' Buidan¢¢ OD sar¢g￿[dIng ¢hildr¢n and vuln¢rnbk adults). Protttdings of the P*rnthI￿l Ch*rth CouThtil dDripg tht Yt*r Soinc oFlht principal matterstonsidertd by th¢ P¥m¢hial Chur¢h CourKil duting thE }caT Iltte as folloMs".- ) Discussion of Missiott andei'angelism iii the includi1￿ the role ofeornmuniry in 8ToviiJJg tljc chllrch bl A iniiialiv¢ for IhE Ihiid Sundai. ci"cning of thc - Sunday ScTccn lo complcmcThi ihc cxi5ting Sunday for Gro￿￿-UpS on lh¢ second fourth Siinth>s. c) approvgl olspeThiing routiiie ni9inlenan￿or fjhu￿h 8rKigrounds including tr¢¢ fast bTOa0b￿ arld a neiv phonc sy51c￿. riirther mailers are thiailed in ihe accompanyittg PCC Rcwi which is published akngside ihe fabric. Global Mission Group. El¢¢iornl Roll and Deanery Syn(Kl LfN)rts IiEF'LRkNCE ANT) ADIIINISI'ILITIIIL Dk'fAIIS Ilègisl¢roJ Ch¥rity Durpber 1134966 Pa8¢2 TIIE PAIUSH OF INEIV %IALDEèi & COOIMBE CHlUSt CllURCH AND sr. Jo￿'S REPORT OTr THE TRLSTEFS TrY>R THE YEAR Ehl)F.D 3J DECEIIBER 2023 Principal addms Parish O￿l¢e 91 Coomk Road New Malden Sumcy KT3 4RE TrMstte5 Carol Baket R¢becca Berry Lyndsa>' Bart￿tt May Cho Marlin Chynns Antony Cwk H¢leThCook (appointed 21.5.23) Elizabeth Courtney Titti Davis Anwd EdwBr(Ls Dayid GreenfKld (rcsigrtd 21.5.23) Baibarn GiiifJ¢hs Ruth Henson Lucy Hartf￿ ITe5i8ned 21.5.23) John Hetsson MBE Ide¢£as¢d l5.4.23) Sl¢ph¢n Hill Chtistine Keen I￿signed 23.1.23) K¢ith K¢¢n I.inda K¢lley (ap￿li￿led 21.5.23) Rev Siephen Kuhrt David LuifTra Kaiy l.offm•n Robert McC8rthy Ilosalind Moody 14•rriel Mor8all G Gilliaii mOsq￿ra David Mould Nicholas Muir lappoiiited 21.5.231 DaN'id Pamphilon (ap￿illIed 21.5.23) V#shti Pre￿0t1 lappoiniLd 21.5.23) Charlir Rcid (rtsi8ned 21.5.23) Katliryn S￿l￿p101 Roberf ShTirnplon Nigel Timmins IresigThed 21.5.231 Pettelope Welsh {resigned 21.5.231 Chai%revan IVilli&in5 (Ti&tsurei} Indtpendent Examiner Collaids eI￿rIered AccounlOThlS S-9 Eden Sircct Kittgsion-UPDiJ-ThsJt)es Surrey KI"1 IBQ T1￿ PCC wishes 10 atknoi%'ledg4 iiith heartfelt thank4 all the many hours of time artd effon (hat are giYcTh by s> many rArishioners in so m8n>' %ka)s th9¢ contribute lo Ihc life a￿1 %%tll.Frtin8of the chuT¢h and its mission i￿th in the pari%li w)d bEyond. S￿AP..￿.1 .2o.14fr.. and Sign￿ on its behalf by: Apwoved by order ofih¢ oftrusteeson... Rei, Stephen Kuhrt7rW￿ec Pa8c 3 ILNDEPENDETr4I EXknM]NER'S REPORTTO THE TRVSTEES OF THE PARISH OF NEW MALDEN & COOMB I￿￿ependent eXAIEIID¢￿5 r¢porl to the trustees of Tht P*it%h tsf blaldem & Cooube. I r¢port TO the charity trustets on iny exatninalion ofih¢ acCO￿ts OCIIK Pati5h of le￿.￿41th & CIK)mbe. (the Tnjst) for the y endEd 31 D¢cemlM 2023. Responsibililies bgsis of report As tk cbarity Iruslees of the you 3Te T¢SP)n*Tr*le forilx peparatitinof the *countsiO ¥wdw)c¢ with the requiremcnt5 Df thE Charities Act 2011 {'Ihe Aci). V Tetrt)rt in respect of Tny exsrninalion of the Tn￿S accounts ¢4tried ujwkr Seciim 143 of th¢ Act ¢aTryirtg oui my exgminalion I have followed all app1t￿ble Di￿￿10￿S giitn by thE (Jwity Commission UDderSe¢iion 145(51(b) of th¢ Act. Indepett41ent uaminer'$ $i•t¢m¢•l Since youy Charitv's gtoss ]j￿0]ne exceeded £250,IK)O your eXaMi￿r must k a memttr of a listed EKxly. l cortfim Ihai l am qUBlified to iindeJ1ake lh¢ cxaminalion ircau5c I a]n a metnber of the of Ch3rterEd C¢rfifKd AtwuntsThl& which is ofte of Ihe li￿ed bodie I have completed my exgminaiton. I confinn that tKJ tha￿la[ matt¢ts have io my attention in ￿m)Me¢lion the ex&minaiion givu]gfflc cause to beliehr th&t in any ￿￿terial respect. ar￿U￿tIng record5 were Tr)t kepl in Te-SP¢¢t of IbeT￿￿ asjtquired by Sectiort 130 ofth Aci,. or Ihe a¢tounts Ik> llot accord with Ihose records. OT the a¢¢ount5 do n(Jl comply Miih the applieable requiretr£nt5 concernin8 the form c4)nieni of a¢eounts s¢t out in the Clwili¢5 (Accounts and R¢wfts) Regul￿10￿$ 21N)8 oiheT Ihan ativ TEquirement ihai I1￿ accounts giv¢ a true and fair view Ivhich is not & TJ18tter consi&T¢d 8S P8rt of aD ithtrtn(knt¢xaTnillaiio]L J halt toncern5 and have ¢om¢ acN75s no oiher mailtrs irt ¢otuKction ￿TrIh Ihc Cxatni￿1lon lo wthich 8tlenlion should be dTSiffi in Ihis T¢POrt in otdeT 10 eTrable 8 prO￿r undeTStgnding of the acco￿1$ 10 k Tea¢lJed. Andreiv HaTker FCCA Coltsrds Charteted Accoulltst)ts 5.9 Eden Sliecl KiDgston-upon-Thames sil￿¢Y KTI IBQ 1 May 2024 Pag¢ 4 I"HL PAIUSH OF MALDF.N & COOMBE CHRIST CHURCH AND ST. JOHWS STATEhlENT OF FI)ABiClJiL ACTtI'lTIES FOR THF. YEAR E)I)ED 31 DECEI¥JBER 2023 2023 2022 Total Unr¢5trici¢d R¢strict¢41 Total fM#ds Nole5 INCOME EINDOIVJIIENYS FRO￿[ Donations ortd leEa¢ies 231W8 187.649 267.(KJO Oth¢r Ir8ding a¢iLVLtKs Investment income J6S 22.931 S162 455 5&527 23J86 45,694 8.853 Total 31I7.Y14 61.658 369￿1 321,547 KXPEh'DITURE O Charitsble Ates fonn part ofihese fIna￿la1 Pa8e 5 THE PARISH OF NTII, MALDE.% & COOIMB& CHRIST CHMICH ANDST. Jo￿.$ BALAliCE SIIEET 31 DECEIIB£R 2023 2023 Ttstal fwDds 2022 Tot&1 funds Rethi￿ed funds Note5 FIXED ASSETS T8ngibie 8ssels 27￿798 270,798 294,882 CURREhT ASSETS Debtors C8sh ai bank 21th57 749.155 S725 83J 27J82 832,485 26,762 799,028 770012 859867 825,790 CREDITORS knvun15 falling duc within 0￿year io ,9$21 (7.952) (7.132) NEf CURIiENt' ASSF.TS 7618( s9.￿5 851,915 818.658 TOTAL ASSETS I.F.SS CURRENT LblBILITIF 1,033h58 89055 1,122,713 1,113,540 P*￿T ASSETS JJ133,&S8 1,122.713 1,113,540 FUNDS Unresirict¢d funds Restricted funds 1,033,658 1.055.602 57938 TOI'AL bUNDS 1.122,713 1,113,540 The financiBI slatcineiits bpproved by B¢)8Td ofTr￿St£e5 authorisrd for o sigi*d on ils ￿h￿irbY. o. E./_/ Sicphcji kuhrt. Chai&tevan Il'illian)s {Treas￿le￿1- Tn￿1¢¢ The tK*tes fotm of Ih¢se financial 51at¢oKnts PaBe 6 THk PARISH OF ￿ly MALDEN & COOMB CHRIST CIIURCII AND ST. ￿0￿'s CASII FIA)IV STATE41El4T FOR THE YEAR ENDED 31 DECEIKBER 2DII 202J 2022 C*sh tloM% from oporxtlnga¢titrqlies Cash g¢ner*d from operdlion5 10,071 (31187) Ncl cash provid¢d byJ{used in) oFraiittga¢tivities 10,071 (32,187) C*5h IIow5 from illvc51in8 lttivilits tnl¢resl r¢¢¢iv¢d 8,853 Nei ¢ash providedby invesiinKa¢iiviii¢s 23J86 8,853 ChgnEt ta5h tlsh eqUbl'akTrts in Ib¢ rtp0rll￿8 period C¥sh ¥Dd cash c4uiv3ltllt5 at tlLt beginnittg or tbe reporling p¢riod J3.457 123.3341 T)9.028 822,362 Cash Ond ca$h oqllivaltnts *t the ethd ofiht reporiittg perl￿d 832.485 799.028 The nDIc5 form fitbancial stalen￿15 Pagc 7 THE PARISII OF NI EW NIALDEN, & COOIIBL CHRIST CIIURCH AND sr. JOIIN'S OTES TO T&lk CASH FLOM, STATEIIEYr FOR TIIE I'EAR ENDED 31 DECE.IIBER 1023 RLCOYCII.T ATIOIN, OTr ET INCO,VFJIEXPETr4DITUREI TO ￿￿[ cAsii FLOIV TrRO,VI OPERATlbG AcfiiqTIES 2023 2022 Nct illcomtllexpenditutt) for the reportiog p¢r¥)d pcrlbe Si*ttme•t of FinRneial Aetivilies} AdJ￿￿tmenLS for= Depr¢ci&lion chatEes Inier¢st re¢¢iv¢d Increase in deblors Irt¢reasel(decreAse) in ucditor5 9.173 (45.7711 24,084 {23,386 16201 520 38,577 (8.8531 12.4811 113.6591 tt tash provhjed byl(w¢d In) operat￿￿ 10,071 (32.187) ANALYSIS OF CHANC.ES liN NE'f FUliDS At 1.1.23 hflow At 31.12.23 h¢1 799,028 33.457 832,48S 799J28 33.4S7 832,485 Tol•l 799,028 33.457 832A85 Thc fonn part ofihcse finarteial sta*n￿￿t5 Page 8 THE PARTSTI OF I¥EIV NiILDEN & COOMB CHRISTCIIURCH AND ST. JOIIN'S NOTES TO THL blN.4liCIAL sfATEIIENrs FOR TFIE YE4k ENDED JI DECEIIBER 2023 ACCOUIII'ING FOLICIES B&5is of proparing tht fiiancial st*teuLttht$ The finanrial 51alr]]2tnlS ofthc Chariiy. which 15 R public IMer￿ enliiy tst>&r FRS IOL have b¢¢D ptEPWEd in aC￿[d￿e i*ith the Charitie5 SORP IFRS 102}'Accoullting and Ryrting by Cbariii¢s'. Sia*m¢ntof Recon]metkkd Practice applicable to ¢h2riiies preparing their xcounls in accoTdanc¢ iviih the Financi￿ ReF￿)ng Standatd appli¢abk in th¢ UK and Re￿b]i of Ireland (FRS 1021 (efYe¢live l Jartwry 20191., Fio3ncial Rew>rling Stsndatd 102 Th¢ fin8nciai Re[￿rti￿% St8tdttrd applicable in ih¢ LK and Republic of ITeland' and thB Ch*ili¢s Aci 2011. The fJn3nciai suiements hait prepared under th¢ historic￿ cost coniTTrlioll. Th¢ PCC is a public b¢n¢fil ¢ntity ￿￿thi￿ of fRS102. The fJnaJJei91 stslefftenls halic tKcn prtPArtd under I Charities Act 2011 and in actordanee i￿th ihe Chw¢h Acf4)w)ting Regulation5 2006 goserning ihe individllal &C￿Unts of PCCS, iyiih iht Regulaiions. Ir￿ raw vi¢w- ￿0Visions, tO8aher Ststement QfRecomme￿cd PtacliLr. AccouDling gnd Re[￿1Thg by ChaJiiies SORP(FRS102). The r]swn¢ial si*i¢m¢nts hav¢ ￿￿en prepared under Ik hI￿or1£*I Coa conv¢nty)n . The financial Statements thclude all trans2cIiiHJS , assets 3nd liabililic5 fDT %YhirlL ih¢ PCC is r¢5rrtbn511 >lc in law. Thy do noi iii¢lud¢ tli¢ awounts of Church group5 tIMI th¢it m￿n &￿IllatIOn to an[thrE￿Y? JK>rtlMk* thai a]e infomal gathuingsof chutrh membe[5. Intome Plami¢d giving, Colk¢liot￿ ar￿ do]Jaions are r[￿g￿l￿d whon received. T&¥ Tefund5 arc ￿￿8￿$¢d the incoming rcsouice lo whicb thev relaie is ¥e¢eived. Grants gnd k￿leS are &LX)unfrd ftrT i*tsn PCC is legall). entitled to the amounts and the amount can be &scertBinEd with rea$￿ab￿ (%rtaiDry. Intetesl is accniEd and all otl*r 15 ecogniS￿ V¥then it is receivabk. All incoming ￿$0111¢¢$ ar¢ accounl¢d for 8ros5. The Yalue of any volwiiary help rctcii'ed is not incluikd irt the a¢£ounis biii isthxrittd in the PCC¥ 8nnua1re￿)rt. kipendilure Liabiliiies Are recognised 8$ sogn as thetv is a kgal OT coEwrnaiirobligalu)n &nd seiikneni is ￿babIe Ind quwitif)&bk. GrdThts donations are accounted for when paid oitr. or M'hen aii'ardeiL if Ihal awaTd cr¢atrs a binding or COnst￿clive oblig&liort on the PCC. The diocesin p8rish share is accounted for i￿heth paid 01 commitcd by the PCC to be paid in ]tspe¢i of the rclei'ai>t accounting period. Amowits received st￿lf1¢￿IlY for mission are de￿1 ￿1th a5 ￿51[1ded Iiinds. All oiher ¢xp¢nditt]re is gener8lly recog￿l$ed li is in¢yrr¢d 8nd isarc¥)unted forgT05 -I'aTrgiblc fixcd a55ets Deptecialion is piol'ided ai Ihe followin8 at]D￿l rates inotkn ￿ Myit¢olTeach ass¢l oirr ilscstiJDBted useful Jife. Fiylures and fittings 33%on reducin8 balan IxxxtioJ] 'lThe ¢harily is ¢x¢tnpt frorn tax oRit5 (1￿]￿ble aa¢¥*iies. Fund actounting Unr¢siricled funds used in ￿CordaI￿t ihe (I￿l￿ble obje¢iives at Ihc disurtK)n orth¢ ITusI¢¢5. RL%iri¢ied can only ￿ 115ed for particulai teskncied t1￿ objedsofthe tharity. Rcstri¢tionsarisc ii.h¢n s[￿e)ried b). Ihe donr>TOI iihen fun(L8 are for partiLxllar re51ticlcd pUt[K￿5. urther expl8nation ofthc nBture and purN)se of each fut￿ is inclu(kd in the wtes lo IhE finaThcial ￿alemen1 Pon5iOII COSt5 other p05t-retlretnt￿l btn¢fity The ch￿lty operaies a defined coniribiitioii pe115iDn Stheme. coniribuiio1￿ payable io the ch￿1t) 5 txnsioll scl*me are char8ed lo ￿ Statement orrinancial AclivilK5 in which ihcs. rciale. Insurathtt Co%er Il'e currently have in51irantt coi'er *% follo￿￿.. i. Chtist Church and associated buildings are illsu￿d foT£13.240.545 as ass¢￿¢0 bi. Tritutss Chur¢hlnsurdtK%. ii. 12 Ros¢krJ' A%iThue- biiildiTrgs atwj con*hts of £481.645 in kntal- irtsuted ii'ith Triiiilas ChU￿h Insurancc iii. ErBiiie¢riii8 Insuranc¢ al Christ Chutch with I'iiniias Church Insurdi)￿ coirring pttSSknFise41 iicms aiid ali ahnual r¢Vie￿.. Pagc 9 conlinued_-- TJIE PARISFI OF NEIV tsIALDEN' & COOIIBE CHRIST CIIURCEI AND ST.JnllNi 'S NOTES TO TItE FlINANCI.4L ￿ATElliN￿S- toBtiTr¥ed roR TIIE YEAR LNDED 31 DEC£IIBF.R 2123 ACCOUIN'I'ING POLICIFS- ￿ntiNUed iv. Si John's anda&wciated knilduJ2saTe ith￿[¢d with Trinil3sClllETrh Insuyantt for £4.894.947. v. 2 Californka Road- inw￿￿ with Trinita% Churth IrLwI￿ for E518.052. Fixtd A5Stls Consecrdied and ben¢fice prop¢Tty 15 ￿Cluded fmm the a¢couThts illttttOTdan¢e ivithsl(K2Ma) ofthe CharitKs Act 2011. No value is pla(td on mowabl¢ ¢hurth furni5hing5 held by Ihe ChurchwaTdett% on ¥K¢ial In￿ for the PCC. and which re4Ulte a facul￿ for disp)sa] sirLLf IhB PCC considers ihis io be inalirnable propert).. All ¢xpenditUTe ID¢urted duiing il y¢gJ on consecrRtrd krtfic¢d ￿lI01￿8S and nmbvable furnishings. wtKther maintewir£ QT i]nprov¢ment is tten as incuttcd. (hhel land #nd biiildings other land aiid buildings held on behaifof pcc for its owi purrp)ses is i'9Jued th historiclll cost. No d¢prEcialion 15 charged 98Birtst such properties bul any ¢4rndilure (bD mau]*thahee is ibTittenoifwlJen irlcurted. ew Chur¢h Ilall Th¢ Jiew Church Hall ￿1111 and eomp]oicd in 2017. The Ikvciopm¢nl costs io yur¢nded 31 Dec 2018 in¢iirr¢d by Ihe Diorcsc. as tllsi(rflian Irus¢c¢ of the neiy hall% in part￿r￿1P %%ith chri￿ Chwch. Th¢ Icgaliii¢s of the ownership and final 5Cttl¢m¢nl sum t￿tsrertd io Christ Church utx)n complelion of the salc ofthe old churth halls a]id IA C8mbridge Aveiiue in 2019. Both propcflic5 Wtic sold on the 3 July 2019 as pèrt ora p￿￿rty development deal ivilh so￿h￿lTk fJioc¢se in exch￿¢ for the neivl). built cliiiTch hall. vicaTagc and a prowjrtion of the ¢a5h pr¥)ceed5 fTom the Sale of ili¢ properties equallin8 £905,900.47, of 5ale5 wsts. Other fiiture4 fittijbgs and tquipm¢DI Eqiiip]ncni ustd within ihe church, bui Iwi f￿11118 into categoTies n￿l[0[*d •bov¢, a￿1 c0511118 more Ihan £5,1M)O is depreciated at 33*0 per annum ort a ￿￿￿Cing bBlance basis. o￿lee equipnKnl ¢(￿l￿g in excess of£5,000 is tapiialised and d¢preciaied at 33Yo per 8nnum a reducing b•lan¢¢knis. DONATION'S IIND LbGACIES 2023 2022 DTrnalion5 Gitl aid IKga¢ics Grattls Colleclions al all ￿[￿.1{¢5 thnaied 5ervic¢s and facililics 194,150 43.IS4 16,4(M) 29,904 3,936 209.423 45,985 3.703 7,889 287,649 267,000 fjTaThls re¢ei%ed, iti¢luded in the gknie. are &$ folloiTrs". 2123 2022 Other grdnls 29JH 3.703 Pagc 10 tortiln￿d... TIIE PARJSH OF NEIY MALDEN & COOMIIL CHRisf CHURCH AND %[. JOHN'S NOTES TO THE FIINANCJAL STATE)IF.NTS- ¢wtillutd FOR THE I'EAR ENDED 31 DFLF.IIBER 2023 OTHLR I'RADINIG ACTIVITIES 2023 2022 Church ]ettings Reni Church gToupOtvethts pcc ree5 49,%7 1.968 3516 3.136 36,167 354 2,276 6.897 58J27 45.694 114VESTTrILNT IINCOII qE 2023 2022 Clltsassei inv ittomt 23,366 8.853 TRUSTEFS, BE￿luN1 ERATIQI) AND BLNEFITS There wer< Itusieel rcmurfftalion or oth¢r I￿]￿rI6 for Ihe year ended 31 Dece]n￿r 2023 nor for Ye￿ ellded 31 D¢ccmkr2022. Trn$tees' eIpens 'Thcre iyete no irusteeg Expjses paid for the year¢nded 31 DettmF¢r 2023 ford￿ year end¢d 31 Dece5nbeT 2Q22 STAFF COSTS 2013 2022 w￿e$ Salaries Sè¢ial securily WSIS Oiher ￿nsion costs 86,647 1,585 SJ69 80.178 4.395 93,601 85.760 lrt¢ltsdd iviihiTh Ihc aknv¢ £23.729 {£20,702) tela* 10 SiJohn average iiionihly niimki ofemplojtts during the year as folloiis: 2023 2022 EmploJ"ed statT No cinployees ieceived emolthncrtls Intxc￿￿0r£oo.o(N). CO.IIPAILiTII'ES I.-OR THF. STATEhlENT OF FINtlliCIAL *icfiiqi'iES u[￿esir]C1td R¢siii¢led futh15 TotAI rund5 INC:OIII AND ENDO)I'lI JENI'S FRO.II Iknnalion% and kgarics 229.912 37,088 267,000 Qih¢r Ir8din8 aclii'ilies In%'c51ment income 40.782 8.801 4.912 52 45.694 8.853 Total 279.495 41052 321,547 EXI?LNDI'A'bRr ON, Ch)flEable *ctii'iti li5sioii & Ch3ritabk Gii'ing 318.791 48.520 367,318 Page 11 contiiii*d... THE PAIUSH OF JNLW ￿lALDEN & COOMB& CHIUSI. CHIIRCH A14D Sf.JOHN'S P4OTES TO TIIE FI)AhCJAI. sfATE.IILNry5- ¢￿till￿¢￿ FOR THE YEAR F.NDED 31 DECENIBER 2023 COIllPARATlI'Eg bOR TFIE StATEMLN'f OF bILNANCIAL ACTIVITIES- tottli**ed Unre5tri¢l¢d fi￿d$ Restricted fiJrKts Total rund8 ET Ih'C.OIJFI(EXPF,NDITURE} Tran5f¢rs b¢¢w¢¢D (39.3031 (1000) (6,468) 2,000 (45,771) t movomont f¥Hds (41.303) 14.4681 {45.771) RF.COliCII.IATJON OF ￿NDs -rola1 funds brought lorward 1.09&904 62,407 'I'o'rAL FUh'DS CARIUED FORIVARD 1,055,601 57.939 1,113.5411 TMGIBLE FIXED ASSETS Fixturcs Frechold prt)￿rtY rittin8S Totals COST Al l J8Truary 2023 atHJ 31 [k(r￿le1 2023 222,623 240,827 463,450 DEPRF.CI.4TIONJ Ai l January 2023 ChaTgB foryear 168J68 24,1*4 168,568 24,084 Al 31 De¢¢mber2023 19L652 191652 NF.T BOOK VALUE Al 31 D¢e¢mb¢r 2023 222.623 48,175 270,798 AI 31 DB(cmbci 2022 222.623 72.259 294.882 J)F.IITORS: AIJOLwfs FAI,V.ING DUE IVITIJIL), ONE YEAK 2023 2022 Oihcr debloys Tax recoi'erable Prepa)mcrtis and ac¢yued in¢omc 28 24,987 2J67 28 24.730 2.004 27J82 26,762 Pagc 12 coE)tinlle 14,982 33,511 5,95rJ 1,292 1,453 2.460 44.389 1421 3,794 22.982 6.425 S7.938 2rf1.940 10.177 89,055 TOTAL FUINDS 1.113,510 9,173 1,122,713 N¢1 nK)vem¢nl iti funds, irt¢lth in thr fDItoys". Re￿lITE¢s expended Moi'emcThl funds souFce5 UAre5trl¢ted fmmds cliri￿ Churrh &JJcral Fund Si Jokn's GcnETal trund 197,701 IIOJ03 1237.6381 (82,0331 {39,937) 28,170 3117.91M 1319,6711 111,767) Rtstritttd funds CC ￿4iss￿n fund5 CC Sundry St John's S￿CIal fund St John's Missionary Fund St John's DIs¢r￿l0￿￿ry Fund Si John'5 CAP Fimd 10.797 2.Ib82 l J58 6J52 432 40,737 8,997 196) 153 (2.9231 1731 14,982 12278} 11.1051 19,275 15051 125.7551 61,658 140,7181 20,940 TO"I'AL TrUNDS 369J62 1360J891 9.17J P8ge 13 cojiiinued... THE PARISH OF ￿lALDEN & CWIIBF. CHRIST CIIURCII ANDSt. JoHws 'OTES TO TIiL FINLNCIAL %fATEIIE)I I'S- continued FOR TIIE IEAR E,NDED JJ DECEIIBER 2023 1410VEhlEIl'l- IN FUNDS- to#t1￿￿ed Compirntiyes for rnovement in funds ITansfetS D4ren runds movwi¢ni At 31.12.22 Al 1.1.22 Unr¢stricled fuids Christ Church Gene￿1 Fund St John's Geneial fund Frt¢hold pro￿rtY rtS¢TVC 887.706 78,632 130.$66 {64.726) 25,424 (91057) (2,(KJO) 91057 730.923 102,056 221623 1.096.9( (39J021 11(K)o) 1.05S.602 RestrÉ¢ted funds CC Mission Fllnds CC Sundry StJokn's s￿¢181 fund Si John's Mi%ionary Fund Si John's DsseieiionAry Fund StJohn's CAP Fund 26.733 6.211 1.064 727 1418 25.254 {2,2191 {651 117 1145) 24.514 6.146 582 2,533 22.982 142721 62,407 (A469) 57,938 TOTAL FUhl)S 1,159.311 145,771) 1.113,540 Comparaiive nei Iiiovemertl uj fund5. itKluded in the are fs follDiVa'. Incomin8 Resourc¢s ex[￿nded Moi'en*iit in fu￿$ Unr¢slri¢led furtds Christ Chiirch (ieiiernl Fiiwl St John's fjcneral Fut 174.880 104.615 1239,6061 {79,1911 164.7261 25,424 279.495 (318.797) (39,302 J R¢51ri¢tt41 lund5 CC Mission Funds CC Suiidry St Jolin's s￿claI fund Si John's Nqissionari l.'und St John's DiscicIH)llary Iiind Si John's CAP fund 6,267 6,837 1,090 9_147 565 18.146 (8.4861 {6.902) 1973) {9.292} 1450) 122.418) (2.2191 165} 1145) (4,272) 42.052 148,521) 16.469) I-O'I'AL FUIN'DS J21,547 {367.3181 145,771) Page 14 ¢onliiLiied... 'IHE PARISH OTr NEW MALDEf4 & Cl)OhlB& CHRIST CHURCH AND sr. JO￿￿..S NOTF.S TO TIiTr, TrJIANCI.4L SIATE4ILYI I'S- tootinlled FOR TIIE TrTAR ENI>ED31 DECLNIBER202J IOVEIIEN'T Ill, FUNDS- to•tiDll*d A cuyyenlyvJJ 12 monihs aNI prior year J2 months ¢ombiDed W￿1110￿ is*8 foltows.. Trwfers bet￿ten funds At 31.12. At 1.1.22 ift f￿￿15 Unreslrltted fuMd5 Christ Chur¢h fjene￿ fwjd St John's Get￿181 fund Frcchold propcrty ￿¢[Y¢ 837.706 78.632 130.566 (104.663) 53.594 (92.057) 690,986 120.049 222.623 1.096.904 {51,069) (111771 1.033,658 Re5tri£ted fulld5 CC Mission fu•ds CC sundry Si John's Special Furtd Si Jolm's Mi&siotwy Fund Sl John'5 Di5CTCtli￿ll[). Fund Si John's CAP fund 26,733 6211 6.778 1261) 270 (3,1kn8) 42 lQ,710 33,51 I 5.950 1.292 1.4$3 2.460 44.389 (421 3.794 727 2,418 25.254 8.425 61407 l4.471 12.177 89.055 TOTAL FUINDS 1,159.31 J (36,598) ,122,713 A current year 12 months and prioryeaT 12 moxths tomtwrtd m mov¢m¢nt in rth. inchHkd in th¢ above xre ￿ follows.. Jncomithg R¢wJiltce$ exEeDded Movemeiil in funds U￿1.¢Stric1ed fund5 Chrisi Church Ge￿ra1 Fund St John'5 G¢n¢ral Fw]d 372.581 214.818 (477.2441 (l6l.2241 {ID4,6631 53.594 587399 (638.4681 151.069) Iltstricted fu#d CC fvlisgion funds CC Sundrv St John'5 Spe¢ial Fund St John's Misssonary Fund Sl John's Discretionary Fund Si John's CAP fw]d 17.064 8.919 (10.2861 19,1801 {2.0781 118.567) 1955) 148,173) 6.778 Q61) 270 (3,0681 42 IQ710 15.499 )7 58,883 103,710 189,2391 14.471 TOTAI.FULNDS 691.109 1727,707} (36.598) Fund particulars-. Missi(kn FunJsgT¢ donat¢d in Sup￿￿￿ ormissionar￿5 and mis5ionfAxidies ai I￿direC110￿0f doNtS. Moiii¢s iii It￿ Si JOI￿,$ s￿claI Fuiid are ysed for Si John's chutchal the dixteiLM of tlie Sijtshn's Comniiiie¢. Sundr), Funds ale primaTiI)' JtK)thiesgiitn thai earniark¢d for 4K¢ific charit￿. The Si John's Dis¢r¢li0tt8ry Fund is monc) gii.cn primaril)- in supwi of l¢ss i%rll otrparishionvrs. "lThe CAII fill￿ finances iioTk knryih people ￿rugg1t￿8 iyiih (Ebi_ l)a8e 15 continued... 'IHE PARISH OF NEII, IL41,DEN & COOT*lB CHREsf CllURCH AND ST. JOHLN'S Tr40TF,S TO TFIE FlI)AliCIAL StètTEIILNYS_ FOR TFIE YEAR EhTED 31 DECE%IBER 2023 12. RELAThD PARTI. DISCLOSUREg Th¢r¢ w¢r¢ no Rknted party Irdnsaciions forthe ycarermkd 31 Dcc¢mkr 2023. 13. DOINATIOLYS TO F*llSSIOIY OTHgR CHAPJTABLLIVORK St Joh Oxyg¢n £2.00 £1.4911 £2,400 £1853 £2.0 P8ri$h S¢lk)ols KCAH CAP tn Individual Do CAP1ihrough SJ) A WM IRugg) £2,459 £1,500 13.900 £3,J75 Mercy Tecte Mission Africa- Nash Arab Il'orld Media enersl Furt Oxy8cfi 00 From Ind. t￿1 Don&lions Jeanrte Ru¢hattan I￿e 16 TIIE PARISII OF NEIV MALDEN & COOMB4 CIIRJST CJIURCII AND ST. JOHf*"S . DKtAILED SI"AI'EIIElI Y OTr TrI.NANCIAI, ACTIVITIES Ok TIIE IEAR ENI)ED 31 DECEJIBER 2023 2023 2022 IliCOillE AND L￿DO￿vI￿EN￿s Dollalioiis lega¢iti th)nalions Gift aid IKga¢i¢s Grgnts Colleciions at RJI services Donated servtces 8nd faciliti¢s 194,ISO 4J,154 16.4(M 29,904 3,936 105 209.423 45.985 3.703 7.889 287,649 267.1K)O Other irodlmg ittlvltles Church letting5 Rent Church groUp￿eVe￿iS PCC fees 49,907 1,968 3J16 3,136 36.167 354 2,276 6.897 58J27 45.694 Investmenl IA¢onie CUTT a*ei iiiv iAcom¢ 23J86 1853 Totil incomi￿% resource5 369.562 321.547 ExPkN￿1fURF. Charitllble actiJ'iliE Wa8ES Social 5e¢urity l)ension5 Iqome inission Ovtrseas mission Olhei ¢harili¢s S¢lM)olsledu¢alion uvrk Outieach Dioces8Th parish share Torship ChuTth pro￿rtY co￿$ SthiTexpenR5 Otricc and adminisiraiiort Othcr CA.P. exFenses 86,647 1585 5J69 4.575 9.275 5,795 2,40 9,832 96,148 4J44 79,7QO 88 8,26 5,861 8.948 80,178 1,187 4.395 7,225 11,792 5.860 3,960 6,097 99.910 5.865 78.364 1,042 5,389 2,143 7.729 329.625 321.136 Supw)ri ¢o$ts GoTrtrn4ntc r05ts Accounian¢)' and Icgal fecs Independellt Exaininaiion fe¢ rixiures fiiiin85 5,720 960 24,084 6.643 960 38,577 3fj,764 46.182 Tkni5 page TK>I fotni part ofihE fin8ncial.walemenis Page 11 TIIE PARISII OF NEIV hfALDEN' & COOMBF. CHRISTCIIURCII AND ST. JOHWS DEfAIL.ED SrATE￿IE4T OF FINAINCIAL ACTIVITIES FOR TIiE YEAR EII)LD 3A DECEhlBER 2023 2023 2022 Total resourc¢stxpended J61J89 367,318 N¢t incomel(eipeDdÉt¥re} 9,173 (45.?7ll This p38c dor5 fo￿￿ part ofihe 5¢2]￿Ory. fl￿ancial str￿j￿ents Pllgc 18