|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|
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||||||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|
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||||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|
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|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|
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|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|
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||||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|
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|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.||||
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|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.|||
##
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|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|
##
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|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|
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