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|Parochial
Church Council's
report|1-3|
|Independent
examiner's
report||
|Statement offinancia
I activities||
|Statement offinancial
position||
|Statement ofcash flows||
|Notes to the financial statements|9-24|
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||||Unrestricted|Restricted|Total|Unrestricted|Restricted|Total|
|---|---|---|---|---|---|---|---|---|
||||funds|funds||funds|funds||
|||Notes|2023
8|2023
6|2023
8|2022
f|2022
8|2022f|
|Income from:|||||||||
|Donations
and legacies|||774,993|8,968|783,961|801,304|10,691|811,995|
|Charitable
activities|||84,128||84,128|69,600||69,600|
|Investments|||1,383||1,383|619||619|
|Total income|||860,504|8,968|869,472|871,523|10,691|882,214|
|Expenditure
on:|||||||||
|Raising funds||6|4,622||4,622|5,179||5,179|
|Chaiitable
activities||7|901,916|67,566|969,482|822,945|66,336|889,281|
|Total expenditure|||906,538|67,566|974,104|828,124|66,336|894,460|
|Net expenditure|||(46,034)|(58,598)|(104,632)|43,399|(55,645)|(12,246)|
|Transfers
between|||||||||
|funds|||(2,760)|2,760||18,575|(18,575)||
|Net movement|in||||||||
|funds|||(48,794)|(55,838)|(104,632)|61,974|(74,220)|(12,246)|
|Reconciliation|offunds:||||||||
|Fund balances at 1 January
2023|||321,562|1,339,910|1,661,472|259,588|1,414,130|1,673,718|
|Fund balances|at 31||||||||
|December 2023|||272,768|1,284,072|1,556,840|321,562|1,339,910|1,661,472|
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|||||2023|2022||
|---|---|---|---|---|---|---|
|||Notes|||f.||
|Fixed assets|||||||
|Property,
plant and equipment||13||1,421,735||1,454,345|
|Current assets|||||||
|Trade and other receivables||14|77,909||44,470||
|Cash at bank and in hand|||93,236||180,115||
||||171,145||224,585||
|Current
liabilities||15|36,040||17,458||
|Net current assets||||135,105||207,127|
|Total assets less current liabilities||||1,556,840||1,661,472|
|The funds ofthe Church|||||||
|Restricted income funds||17||1,284,072||1,339,910|
|Unrestricted
funds||||272,768||321,562|
|||||1,556,840||1,661,472|
|The financial statements|were approved|by the Parochial|Church|g /
Council on,5-.!.|'
/')rL
D.!
. .V||
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||||2023||2022||
|---|---|---|---|---|---|---|
|||Notes|6||6||
|Cash flows from operating|activities||||||
|Cash (absorbed
by)/generated
from
operations||21||(31,644)||80,611|
|Investing
activities|||||||
|Purchase ofproperty,
plant|and equipment||(56,618)||(69,941)||
|Investment
income received|||1,383||619||
|Net cash used In investing|activities|||(55,235)||(69,322)|
|Net (decrease)(increase
in
equivalents|cash and|cash||(86,879)||11,289|
|Cash and cash equivalents|at beginning|ofyear||180,115||168,826|
|Cash and cash equivalents|at end of|year||93,236||180,115|
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|Income from d|onati|ons
|and legacies||||||
|---|---|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total|Unrestricted|Restricted|Total|
||||funds|funds||funds|funds||
||||2023|2023|2023|2022|2022|2022|
||||6|6|6||6|6|
|Donations
and|gifts||774,993|3,693|778,686|801,304|2,991|804,295|
|Grants receivable||||5,275|5,275||7,700|7,700|
||||774,993|8,968|783,961|801,304|10,691|811,995|
|Donations
and|gifts||||||||
|Regular giving
aided)|(Gift||482,102||482,102|517,794||517,794|
|Collections and|one|oif|||||||
|donations
(Gift|aided)||92,847|1,323|94,170|62,879|2,386|65,265|
|Income tax recovered|||121,702||121,702|127,307||127,307|
|Regular and payroll
(non Gift aided)||giving|41,485||41,485|63,599||63,599|
|Collections
(non Gift
aided)|||1,582|2,370|3,952|1,490|121|1,611|
|Irregular
and other giving
(non Gift aided)|||35,275||35,275|28,235|484|28,719|
||||774,993|3,693|778,686|801,304|2,991|804,295|
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|||||Unrestricted|Unrestricted|
|---|---|---|---|---|---|
|||||funds|funds|
|||||2023|2022|
||||||6|
|Charitable|activities|||||
|Fees for weddings||etc||2,799|2,463|
|Contributions|towards||activities and catering|7,352|8,479|
|Mobile mast|income|||14,647|15,300|
|Events and|weekends||away|18,879|11,591|
|Junction
Community|||Trust admin charge|40,000|31,361|
|Other income||||451|406|
|||||84,128|69,600|
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|Income|from investments|||
|---|---|---|---|
|||Unrestricted|Unrestricted|
|||funds|funds|
|||2023|2022f|
|interest|receivable|1,383|619|
|Expenditure|on|raising funds|||
|---|---|---|---|---|
||||Unrestricted|Unrestricted|
||||funds|funds|
||||2023|2022|
|||||6|
|Fundraising|and|publicity|||
|Other fundraising||costs|4,622|5,179|
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||||Charitable|Charitable|
|---|---|---|---|---|
||||activities|activities|
||||2023|2022|
||||8|F|
|Direct costs|||||
|Staff costs|||405,643|409,104|
|Depreciation
and|impairment||89,230|86,161|
|Parish support
fund|||116,000|114,000|
|Clergy housing|||34,104|13,202|
|Clergy expenses|||4,046|1,041|
|Staffexpenses|||6,702|13,105|
|Heat and light|||38,025|27,024|
|Insurance|||7,798|7,104|
|Church
running
costs|||17,607|13,218|
|Events, weekends|away and catering||60,166|42,432|
|Worship snd production|||8,076|8,914|
|Community
ministries
and services|||27,333|12,825|
|Children's
and youth work|||14,966|11,970|
|IT maintenance
and support|||22,362|17,858|
|Office and administration|||10,477|8,322|
|Building repairs and maintenance|||45,136|22,602|
||||907,671|808,882|
|Grant funding
of activities (see note 8)|||49,918|64,059|
|Share ofsupport|and governance|costs (see note 9)|||
|Support|||7,125|5,663|
|Governance|||4,768|10,677|
||||969,482|889,281|
|Analysis
by fund|||||
|Unrestricted
funds|||901,916|822,945|
|Restricted funds|||67,566|66,336|
||||969,482|889,281|
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|Grants payable for||Mission Giving|||
|---|---|---|---|---|
||||Charitable|Charitable|
||||activities|activities|
||||2023|2023|
||||6|6|
|Grants to institutions:|||||
|Church
Revitalisation||Trust|2,000|2,000|
|Glass Doors|||1,500|1,500|
|Disaster Response|Committee||1,500|5,000|
|Carlile College Kenya||(via AMADET UK)|925|1,850|
|Junction
Community|Trust||20,000|19,150|
|Tearfund|||2,000||
|Enthuse|||1,000||
|Christmas
Appeal|||6,452||
|Under 21,000|||1,941|2,520|
|Giving accrual adjustments||||(1,905)|
||||37,318|30,115|
|Grants to individuals|||12,600|33,944|
||||49,918|64,059|
|Support costs allocated|to activities|||
|---|---|---|---|
|||2023|2022|
||||6|
|Banks charges and giving|platform fees|7,125|5,663|
|Governance
costs||4,768|10,677|
|||11,893|16,340|
|Analysed
between:
Charitable
activities||11,893|16,340|
|||2023|2022|
|Governance costs comprise:|||8|
|Accountancy||1,800|2,880|
|Legal and professional||2,968|7,797|
|||4,768|10,677|
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|The average
monthly
number ofemployees
during th|e year was:||
|---|---|---|
||2023|2022|
||Number|Number|
||14|14|
|Employment
costs|2023f|2022f|
|Wages and salaries|365,037|367,860|
|Social security costs|23,433|24,167|
|Other pension costs|17,173|17,077|
||405,643|409,104|
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|Property,
pl|ant and e|quipment|||||
|---|---|---|---|---|---|---|
||||Land and|Audio visual|Fixtures and|Total|
||||bugdings|and music|fittings||
||||(LandMarks|equipment|||
||||Protect)||||
||||6||||
|Cost|||||||
|At 1 January|2023||2,252,393|256,849|71,511|2,580,753|
|Additions||||50,029|6,589|56,618|
|At 31 December 2023|||2,252,393|306,878|78,100|2,637,371|
|Depreciation|and impairment||||||
|At 1 January|2023||869,998|202,006|54,402|1,126,406|
|Depreciation|charged|in the year|56,310|24,414|8,506|89,230|
|At 31 December 2023|||926,308|226,420|62,908|1,215,636|
|Carrying
amount|||||||
|At 31 December 2023|||1,326,085|80,458|15,192|1,421,735|
|At 31 December 2022|||1,382,395|54,842|17,108|1,454,345|
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|14|Trade and other|receivables|receivables|receivables|||
|---|---|---|---|---|---|---|
||||||2023|2022|
||Amounts
falling|due|within one year:||8|6|
||Trade receivable|including||VAT reclaim|5,161||
||Gift aid recoverable||||68,461|42,789|
||Prepayments
and|accrued||income|4,287|1,681|
||||||77,909|44,470|
|15|Current
liabilities||||||
||||||2023|2022|
||||||8|6|
||Trade payables||||4,251|2,475|
||Other payables|||||218|
||Accruals and deferred||income||31,789|14,765|
||||||36,040|17,458|
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|||At 1 January|Incoming|Resources|Transfers|At 31|
|---|---|---|---|---|---|---|
|||2023|resources|expended||December|
|||||||2023|
|||||||6|
|LandMarks|Project|1,339,910||(56,310)||1,283,600|
|Love Christmas|||3,692|(6,452)|2,760||
|ACTS 435|||4,297|(3,825)||472|
|Other|||979|(979)|||
|||1,339,910|8,968|(67,566)|2,760|1,284,072|
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|The unrestricted|funds ofthe charity comprise the|funds ofthe charity comprise the|unexpended|balances ofdonations|balances ofdonations|and grants|which are|
|---|---|---|---|---|---|---|---|
|not subject to specific conditions||by donors and grantors as to||how they may be used. These include||||
|designated
funds|which have been set aside out of unrestricted||||funds by the trustees|for specific|purposes.|
|||At 1January
2023|Incoming
resources||Resources
expended|Transfers|At 31
December|
||||||||2023f|
|General funds||321,562|860,504||(906,538)|(2,760)|272,768|
|Previous year:||At 1 January
2022|Incoming
resources||Resources
expended|Transfers|At 31
December|
||||||||2022|
|||8||||6|8|
|General funds||259,588|871,523||(828,124)|18,575|321,562|
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||||Unrestricted|Restricted|Total|
|---|---|---|---|---|---|
||||funds|funds||
||||2023|2023|2023|
||||6|6|6|
|Fund balances at 31December 2023are represented||by:||||
|Property,|plant and equipment||138,135|1,283,600|1,421,735|
|Current|assets/(liabilities)||134,633|472|135,105|
||||272,768|1,284,072|1,556,840|
||||Unrestricted|Restricted|Total|
||||funds|funds||
||||2022|2022|2022|
||||6|6|6|
|Fund balances at 31December 2022are represented||by:||||
|Properly,|plant and equipment||114,435|1,339,910|1,454,345|
|Current|assets/(liabilities)||207,127||207,127|
||||321,562|1,339,910|1,661,472|
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|None of the members
of the PCC were r
PCC members.|None of the members
of the PCC were r
PCC members.|None of the members
of the PCC were r
PCC members.|None of the members
of the PCC were r
PCC members.|None of the members
of the PCC were r
PCC members.|em|unerated
or reimbursed
for their e|xpenses
in|their capacity|their capacity|as|
|---|---|---|---|---|---|---|---|---|---|---|
|The following
trustees
or key management
were connected to people or organisations|||||in|personnel
(KMP) held trusteeships
receipt of payments
from St Mark's:|of related|organisations,||or|
|Trustee|||Related Trusteeship|||Related Party Transaction|||||
|Rev Martyn|Layzell||Chair ofJunction
Community
Trust|||Marlyn's
wife Emily Layzell was employed
on a part-time
basis with a salary off29,640 (2022:827,334) as Senior|||||
|||||||Pastor.|||||
|||||||Martyn's
sons Jack Layzell,|Harry
Layzell||and Jesse||
|||||||Layzell received fO for decorating
services (2022:f750,|||||
|||||||8200 and 2625 respectively).|||||
|Rev Dan Johnson|||none|||Rev Johnson
is a self-financing|minister|and|was given||
|||||||80(2022: 84,800)from the mission
giving||committee.|||
|Chris Payne|||Junction|||See below|||||
||||Community|Trust|||||||
|Daisy Seepersad|||none|||Daisy Seepersad
was the
Centre
Manager
Clapham
Junction
until
17 June 2022. She|||for Spear
received a||
|||||||salary
in
this
capacity,
whilst|a trustee|of|EO (2022:||
|||||||52,828)|||||
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|Cash generated
from|operations|2023|2022|
|---|---|---|---|
|||9||
|Deficit for the year||(104,632)|(12,246)|
|Adjustments
for:||||
|Investment
income recognised
in statement
offinancial activities||(1,383)|(619)|
|Depreciation
and impairment
ofproperty,
plant and equipment||89,230|86,161|
|Movements
in working|capital:|||
|(Increase)/decrease
in|trade and other receivables|(33,441)|10,653|
|Increase/(decrease)
in|trade and other payables|18,582|(3,338)|
|Cash (absorbed
by)/generated
from operations||(31,644)|80,611|