2022-12-31-accounts - The Parochial Church Council Of The Ecclesiastical Parish Of St.mark, Battersea Rise

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TABLE OF CONTENTS				Page Number
Annual Report ofthe PCC
Independent Examiner's	Report
Statement ofFinancial	Activities
Statement ofFinancial	Position			10
Cash Flow Statement
Notes to the Financial Statements				12
1.Accounting Policies				12
2. Income				14
3.Expenditure				15
4. Mission Giving				16
5.Staff Costs				17
6.Transactions with Related		Parties		18
7. Fixed Assets				20
8.Debtors				20
9.Creditors				20
10.Analysis of Net Assets between			funds	21
11.Movement on Restricted		Funds		21

					2022			2021
				Unrestricte	Restricted	Total	Unrestricte	Restricted	Total
			Note	d			d
				f	f		f.	f
Income
Voluntary Income			2a	801,304	10,691	811,995	775,112	32,276	807,388
Investment income			2b	619		619	67		87
Church activities			2c	69,600		69,600	57,323		57,323
Total income				871,523	10,691	882,214	832,522	32,276	864,798
Expenditure
Raising funds			3	5,179		5,179	7,974		7,974
Mission giving			4	61,425	2,634	64,059	66,379	3,276	69,655
Ministry casts			3	745,180	63,702	808,882	686,547	65,220	751,767
Supportcosts			3	16,340		16,340	12,285		12,285
Total expenditure				828,124	66,336	894,460	773,185	68,496	841,681
Net Income				43,399	(55,645)	(12,246)	59,337	(36,220)	23,117
Transfer between funds				18,575	(18,575)		46,689	(46,689)
Net movement	in funds			61,974	(74,220)	(12,246)	106,026	(82,909)	23,117
Total funds brought		forward		259588	1414130	1 873718	153562	1497039	1 650 601
Total funds carried
forward				321,562	1,339,910	1,661,472	259,588	1,414,130	1,673,718

			2022		2021
			E	E	E	E
Net cash generated from operating		activities		80,611		73,619
Cash flows from investing activities
Bank deposit interest			619		87
Purchase of tangible	fixed	assets for
the use of the PCC			(69,941)		(26,307)
Net cash used in investing activities				(69,322)		(26,220)
Change in cash and cash equivalents		in the
reporting period				11,289		47,399
Cash and cash equivalents at	1 January			168,826		121,427
Cash and cash equivalents at	31 December			180,115		168,826
Reconciliation of net expenditure
Net income/ (expenditure)				(12,246)		23.117
Adjustments for:
Depreciation charges				86,161		81,577
Bank deposit interest				(619)		(87)
Decrease/(increase)	in debtors			10,653		(18,'l27)
(Decrease)/increase	in creditors			(3,338)		(12,861)
Net cash generated from operating		activities		80,611		73,619

2. Income
					2022				2021
				Unrestrlcled	Restrlcfed			Unrestricted	Restdicted
			Note	Funds	Funds		Total	Funds	Funds	Total
				E	E		E	7	E	E
a Voluntary income
Gift-sided
Planned giving				517,794			517,794	499,737		499,737
Ons-off giving end	collections			62,879	2,386		65,265	52,382	3,194	55,576
Income tax recovered				127,307			127,307	127,824		127,824
Nol gift-aided
Planned giving and	payroll	giving		63,599			63,599	62,015	600	62,615
Collections ai services				1,49D		121	1,611	402	1,482	1,984
Irregular end other	giving			28,235			28,235	31,888	17,000	48,888
Legacies, grants, appeals					8,184		8,184	864	10,000	10,864
				801,304	10,691		811,995	775,112	32,276	DD7,388
b Investment income
Bank deposit interesl				6'I9			619	87		87
cIncome from church activities
Fees for Banns and Weddings		etc		2,463			2,463	1,387		1,387
Course fees, catering	8 contributions
towards activities				8,479			8,479	3,014		3,014
Mobile Mast				15,300			15,300	17,875		17,875
Weekends and events				11,591			11,591	1,393		1,393
Junction Community	Trust
administrslion charge			6	31,361			31,361	27,271		27,271
Job Retention Scheme								1,622		1,622
Other income				406			406	4,761		4,761
				69,60D			69,600	57,323		57,323
Total Income				8'71,523	10,691		882,214	832,522	32,276	864,798

3. Expenditure
							2022			2021
						unrestricted	Restricted		Unrestricted	Restricted
					Note	Funds	Funds	Total	Funds	Funds	Total
						E	f	E	f	E
Raising funds
Fundralsing and	publicily costs					6,179		5,179	7,974		7,974
Church Activities
Mission giving					4	61,425	2,634	84,059	66,379	3,276	89,655
Ministry costs
Parish Support	Fund					114,000		114,000	113,000		113,000
Clergy expenses						1,041		1,041	869		869
Clergy housing	costs					13,202		13,202	7,110		7,110
Staff costs						409,104		409,104	387,516		387,516
Staff expenses	and training					13,105		13,105	7,067		7,067
Healandlight						25,624	1,400	27,024	13,333		13,333
Insurance						7,104		7,104	7,027		7,027
Church running	costs					13,218		13,218	23,715		23,715
ExpendNure on	booksla0								152		152
Weekends. courses, evenls				&
catering						36,776	6,667	4",432	16,337	10,000	26,337
Worship and production						8,914		8,914	7,357		7,357
Services and community
ministries						12,825		12,825	7,550		7,550
Children's church,		youth club, etc				11,970		11,970	8,382		8,362
ITmaintenance	&	support				17,858		17,8SB	23,377		23,377
Office and administration						8,322		8,322	15,166		15,166
Depreciation						30,516	55,645	86,161	28,357	55,220	61,S77
Sugding repairs	and maintenance					22,602		22,602	23,252		23,252
						745,180	63202	808,882	686,547	65,220	751,767
Supportcosts
Giving plafform'	fees &bank
charges						5,663		5,663	4,937		4,937
Professional Fees						7,797		7,797	5,188		5,188
Independent Examination/			audit
fees						2,880		2,880	2,160		2,160
						16,340		16,340	12,285		12,265
Total Expenditure						828,124	66,336	894,460	773,186	68,496	841,661

Notes to the Finan	c	ial St	atements
4. Mission Giving
			Unrestricted	Restricted	2022	2021
			Funds f	Funds 8	Totalf	Total 5
Gifts to UK beneficiaries
Christ Church Camberwell						2,400
Christians Against Poverty			700		700	5,169
Church Revitalisation Trust			2,000		2,000
Glass Doors			1,500		1,500
Individuals (relates to 8 individuals)			21,400		21,400	28,600
Junction Community Trust			16,643	2,507	19,150
StAndrews Wimbledon						750
Southwark Diocese Lent Fund			223	127	350
Various organisations (donations		&Etk)	1,455		1,455	300
Total Giving to UK beneficiaries			43,921	2,634	46,555	37,219
Gifts for overseas mission
Carlile College, Kenya (via AMADET UK)			1,850		1,850	3,232
Disaster Response Committee			5,000		5,000
Great Lakes Outreach (GLO)						1,000
Individuals (relates to 5 individuals		in 2022)	12,544		12,544	16,600
MEDAIR						5,000
Restore, South Africa (via Penny	Trust)					720
Tearfund						5,000
Total Giving to overseas mission			19,394		19,394	31,552
Other Giving and Adjustments
Expenses and small gifts			15		15	362
Giving to be allocated - brought	forward		(4,400)		(4,400)	(3,878)
Giving to be allocated - carried forward			2,495		2,495	4,400
Total Other Giving and Adjustments			(1,890)		(1,890)	884
Total Giving for the Year			61,425	2,634	64,059	69,655

			2022f	2021 f
Wages and salaries			367,860	350,751
Pension costs			17,077	15,951
Social security	costs		24 162	20,814
			409,104	387,516
Staff expenses	and training	(non-payroll)	13,105	7,067
			422,209	394,883

Trustee		Related	Related	Trusteeshi	Related Party Transaction
					Martyn's wife Emily Layzell	was employed		on a part-time
					basis with a salary off27,334(f24,744 in			2021)as Senior
					Pastor. Martyn's sons Jack	Layzell, Harry	Layzell and Jesse
		Junction		Community	Layzell received 6750,6200 and f625 (60 in 2021)
Rev Mart nLa	zell	Trust	Chair		res ectivel for decoratin	services.
					Rev Johnson is a self-financing minister		and was given
Rev Dan Johnson		none			f4 800 63,600 in 2021 from the mission			ivin committee
		Junction		Community
Chris Pa ne		Trust
					Daisy Seepersad was the Centre Manager			for Spear
					Clapham Junction until 17	June 2022. She received a salary
					off2,828 between 12May	2022 (when she joined the PCC)
Dais See ersad		none			and 17June 2022.

Related e	Related e	Related e	Related e	n	tities	payments	payments	payments	payments
The following					table	lists St Mark's				'Related	Entities', shows payments made to and from those
entities	and		sets out			the	relevant		information		about the relationship ofthose entities with St Mark's.
Figures	in brackets represent							Income from Related Entities.
Entity							Payments			made	from	Notes
							or to St		Mark's
							2022				2021
Wandsworth							(818,294)			(820,453)		St Mark's allows WF use ofthe building and
Foodbank		(WF)										offices without charge.
												WF pays a contribution to cover costs ofSt
												Mark's staff who provide shared services to	WF
												(see note 5) along with a contribution to the
												building maintenance and running costs. the
												combined income ofWF and SCJ is shown	in
												note 2 under JCT income
Spear Clapham							(813,067)			(E6,818)		St Mark's allows SCJ use ofthe building and
Junction	(SCJ)											offices without charge,
												SCJ pays a contribution to cover costs ofSt
												Mark's staff who provide shared services to	WF
												(see note 5) along with a contribution to the
												building maintenance and running costs. the
												combined income ofWF and SCJ is shown	in
												note 2 under JCT income
Southwark			Diocese or									SLBCpays the employment costs of Rev Martyn
South London					Board							Layzell and provides accomodation (not shown		in
of Churches				(SLBC)								the accounts).
							E114,000, 810,792			2113,000 E7,792		St Mark's makes a contributon to the Parish Support Fund (PSF)to support the ministry churches across the Southwark Diocese.	of
												St Mark's rents accomodation for the associate
												vicar.
Future Skills				Training			(E300)			(f300)		St Mark's allows FSTthe use ofthe crypt without
(F ST)												charge.
												FSTmakes a donation to the church.
Wandsworth				Mediation						(E1,050)		St Mark's allows WMS use of an office without
Service	(WMS)											charge.

7. Fixed Assets
	Land and	Office	Church	audio	Total
	bugdings	furniture,	visual,	organ
		cornpuling	&other
		and other	equipment
		ecuiomenl f
Cost
At 31 December 2021	2,208,818	65,769	236,223		2,510,810
Additions	43,575	5,741		20,625	69,941
Disposals
At 31 December 2022	2,252,393	71,510	256,848		2,580,751
Depreciation
At 31 December 2021	813,688	47,542	179,015		1,040,245
Charge for the year	56,310	6,860		22,991	06,161
On disposals
At 31 December 2022	869,998	54,402	202,006		1,126,406
Net book value
At 31December 2022	1,382,395	17,108		54,842	1,454,345
At 31 December 2021	1,395,130	18,227		57,208	1,470,565

8. Debtors
				2022	2021
				2	f
Accounts Receivable				264	1,099
Prepayments	and accrued		income	44,206	54,024
Other debtors
				44,470	55,123
9. Creditors: amounts			falling due within one year
				2022 2	2021f
Goods and services				2,475	7,127
Accruals and deferred		income		14,765	13,451
Olher creditors				218	218
				17,458	20,796

10. Anal	ysis o	f Net Assets b	etween Fund	s
		Unrestricted	Restricted	2D22	Unrestricted		Restricted	2021
				Total				Total
		f	f	E		f	f	E
Fixed assets		114,435	1,339,910	1,454,345		75,436	1,395,130	1,470,566
Net current	assets	230,511		230,511		184,152	19,000	2D3,152
		344,946	1,339,910	1,684,856		259,588	1,414,13D	1,673,718
11.Movement		on Restricted	Funds
			At 31	Movement		in Resources		At 31
			December					December
			2021					2022
			f	Incoming E	Outgoing E		Transfers f	f
LandMarks	Project		1,395,130			(55,220)		1,339,910
Capital Projects			19,000			(425)	(18,575)
Love Christmas				6,300		(6,300)
Olher				4,391		(4,391}
			1,414,190	10,G91		(69,330)	(10,575)	1,339,910
			At 31	Movement		In Resources		At 31
			December					December
			2020					2021
			f	Incoming f	Outgoing f		Transfers
LandMarks	Project		1,484,352			(55,220)	(34,012)	1,395,130
Capital Projects				19,000				19,000
Love Christmas				10,000		(10,000)
Other			12,677	3,276		(3,276)	( 12,677)
			1,497,039	32,276		(68,496)	(46,689)	1,414,130