HOLY INNOCENTS
KINGSBURY PARISH CHURCH
Annual Report
and
Financial Statements
for the year ended December 31, 2024
Registered Chartty No. 1135097

Holy Innocents,, Kingsbury Parlsh Church
Annual Report and Financial statements
For the year ended 31 December 2024
Parlsh Ref. 2108
CONTENTS
Page
1.0 Annual report
2.0 statement of trustee's
responsibilities for the accounts
10
Independent examiner's report
11
Statement of financial activities
12
Balance sheet
13
Notes on financial statements
14-20
Regislered Charity No. 1135097

Holy Innocents.. Kingsbury Parish Church
Annual Report and Financlal statements
For the year ended 31 December 2024
Parlsh Ref. 2108
INCUMBENT:
The Revd Sophie Schuil-Brewer
Kingsbury Vicarage
54 Roe Green,
Kingsbury
LONDON NW9 OPG
BANKERS:
HSBC Bank plc
31 Holborn
Holborn Clrcus
LONDON ECIN 2HR
CCLA
One Angel Lane
London
EC4R 3AB
INDEPENDENT EXAMINER:
Philip Cole FCA,
Landmark Accountants Llmlted
Leavesden Park
5 Hercules Way
Watford
Hertfordshlre
WD25 7GS
Registered Charity No. 1135097

Holy Innocents,, Kingsbury Parlsh Church
Annual Report and Financial statements
For the year ended 31 December 2024
Parish Ref. 2108
1.0 ANNUAL REPORT
l. l Administration Information
Holy Innocents, Klngsbury Parish Church 15 Situated on Kingsbury Road, London, NW9
OAY. It is part of the Diocese of London within the Church of England. The
correspondence address is Holy Innocents Church, Kingsbury Road, London, NW9 OAY.
Holy Innocents Is a registered charity, no 1135097.
Parochlal Church Councll (PCC) members who served durlng 2024:
Position
Incumbent
Name
Sophie Schull-Brewer
Chair
Date
From 2021
Wardens
Chi Yeun
Won
Ell Chalmers
From 2023
From 2023
Deaner
nod
Clive Brand
From 2011
Elected Members
Domino Cham
Christo
her Beels
S Ivia J Kef alew
Chioma Ndukwe
Val Pinder
Secreta
John Patrick Dutson
Angelyn Easton
Macaulay Ndukwe
Treasurer
From 2014
From 2017
From 2021
From 2015
From 2017
From 2024
From 2024
Co-opted
From 2016
Registered Charity No. 1135097

Holy Innocents,, Kingsbury Parish Church
Annual Report and Financial statements
For the year ended 31 December 2024
Parish Ref. 2108
Structure, Governance and Management
1.2.1 The PCC Is a corporate body established by the Church of England. The PCC
operates under the Parochial Church Council Powers Measure. The method and
appointment of PCC members is set out in the Church Representation Rules.
Church attendees are encouraged to register on the Electoral Roll and stand for
election to the PCC.
1.2.2 Elected PCC members serve 3 year terms and are ellgible for re-election at the
end of the 3 year term. The number of elected PCC places is 12. By the year end
there were 5 vacant places on the PCC.
1.2.3 The PCC operates a number of commlttees and groups, which meet between full
meetings of the PCC. The vicar is ex-officio member of all committees.
Commlttee
Fayre
Descri
tion
Runs the May Market and the Chrlstmas Fayre. Money Is ralsed for
the church and chosen charities annuall
Manages the church and vicarage, its use and the fabric of the
buildin
Plans Junior church provlsion. Junior Church provision continues
to be overseen b the minlstr
team and
unlor church leaders.
Advises the PCC on its financial res
onsibilities and stewardshi
Mana
es the hall its hirers and the fabrlc of the buildin
Ex
lorin
and identif
in
funds raisin
initiatives.
This is the only commlttee requlred by law. It has the power to
transact the business of the PCC between Its meetlngs, subject to
dlrections
iven b the Council.
Church Management
Junlor Church
Flnance
Hall Mana
Fundraisin
standing
ement
1.2.4 The ministry team supports the Incumbent and the PCC In Its mlssion.
Membership consists of authorlsed, Ilcensed or ordained ministers active in our
parlsh.
Registered Charily No. 1135097

Holy Innocents,, Kingsbury Parish Church
Annual Report and Financial statements
For the year ended 31 December 2024
Parish Ref. 2108
1.3 Objectives and Activities
1.3.1 Holy Innocents, PCC works in cooperation with the vicar to promote the whole
mission of the church. At an Away Day in October 2022 the PCC and Ministry team
created our vision and mission action plan:
Our Vision
With God, we seek to come together to welcome, embrace and nurture in faith all our
communlty.
Our Mission Action Plan
Increasing Our Vislbllity In The Community Physlcallyi Digitally And Through
Active Service
Inltlal Actions:
Create and put up a poster In the church hall giving details of the church
(location, website and services).
Clear and cut down the church garden.
Walk the parish boundary.
Advertlse in the library and other local venues.
Church open sign.
Engaging the parents and chlldren as they leave Oliver Goldsmlth School.
Leaflet for the parish explalning who we are and how we can support people
(all faiths and none).
Nurturlng The Faith Of Our Congregation By Developlng Dlsclpleshlp
Initial Actions:
Intercessory prayer group (already started).
Bible study and home groups.
Build ecumenical links.
Teachlng communion.
Sharing information about television programmes and resources In the
Dlocese that help nurture our faith.
"Film nlghts" showing filmsrnl shows wlth Christian theme.
Growing Our Congregation Evangellslng Those Around Us
Initlal Actlons:
Create a children's corner.
Back to Church Sunday,
Consider how we can improve our welcome of newcomers and the
accessibility of services for those new to church.
Consider our worship including hymns/music and how this can encourage
others. Introducing new hymns which we learn together.
At an away day in July 2024 the PCC and Ministry Team looked again at this
vision in the context of what it mlght mean to grow Holy Innocents. At this
away day the PCC considered the question: do we want growth? Growing a
church takes prayer, time, effort and commitment. The PCC agreed that
growth was what we are meant to strive for as a Christian community just
like the mustard seed we are meant to grow, to push up shoots and put forth
branches. As a result of this the PCC and Ministry Team agreed that we
engage with Leading Your Church into Growth as a resource to help Holy
Innocents.
Registered Charity No. 1135097

Holy Innocents,, Kingsbury Parish Church
Annual Report and Financial statements
For the year ended 31 December 2024
Parish Ref. 2108
1.3.2 The PCC has maintenance responsibilities for the church buildingi church
hall and their grounds.
1.4 Achievements and Performance
1.4.1 Church Attendance
During 2024 the average Sunday attendance has been 47 adults (2023: 49) and 2
children (2023.3). The attendance during the week has risen slightly with an average of
11-12 people attending one or more mid-week service (2023: 9-10).
1.4.2 Occasional Offices
There were no baptism services (2023: 3 children & one adult) and no confirmatlon
service (2023: 4 adults). No weddings took place (2023: 0).Three funeral services and
one memorial service took place In the church with the clergy leading one funeral service
at crematoriums (2023: 2 & 0).Five burials of ashes took place during the year (2023.4).
1.4.3 Review of the year
The Children's area, created In February 2023 In the slde aisle has remalned In
place being a welcomlng space for younger children allowlng them and thelr
carers to connect with services feellng Included. Although the average number of
children attending is noted above as two, by the end of 2024 there were five
chlldren (under five) attending regularly and making very good use of this space.
II.
The NHS Mental Health Unlt at Fairfield's House have continued to use the large
vestry to host support groups for those who self- harm.
Using the church
property has allowed these groups to be held In a safe neutral space and the
seven-week sessions have been repeated three times throughout 2024. The
feedback has been very positive with those uslng the group greatly appreciating
the calm and sanctuary of Holy Innocents.
III.
The organ received signlflcant work during the early part of the year wlth the
bellows being replaced. A new architect was engaged to undertake the
Quinquennial inspection during the summer of 2024. After a successful trial of a
card machine during July and August Holy Innocents purchased a machlne to
allow donations to be given by card to supplement cash, Parish Giving Scheme
and Standing Order donations.
Iv.
Our Prayer Group which began in September 2022 continued throughout 2024
meeting once a month on the third Wednesday. The group meets to pray for the
parish and world, welcoming requests from parishioners for prayer for anyone or
anything. The prayer rack placed in the entrance to the church is well used and
this is now a very well-established part of our church life.
Volunteers from Holy Innocents have continued to support the Chinse Church In
London in providing English classes to those who had arrived in the UK from Hong
Kong. These continue to be a fabulous experience for all involved and have led to
several new members joining the Holy Innocents community.
Registered Charty No. 1135097

Holy Innocents,, Kingsbury Parish Church
Annual Report and Financial statements
For the year ended 31 December 2024
Parish Ref. 2108
1.4.3 Review of the year (continued)
VI.
The Annual Parochial Church Meeting was held in May 2024 to review the year of
2023 with some new members joining the PCC. As noted above the PCC away
day in July has started a journey for Holy Innocents of engaging with the
resource Leading your Church into Growth.
VII.
Our regular services have been greatly supported by those on the various rotas
including sides people, readers, crucifers and those leading intercessions.
VIII.
Throughout the year In person servlces at Ashton Lodge Care Home have been
led by the Vlcar; these include prayer, bible readings and hymns as well as the
distribution of communion in one kind (bread) to the residents. These services
take place once or twice a month and are very much appreciated by the staff,
residents and sometimes the residents, family members.
Attendance has
continued to be about 17-25 people.
Ix.
Assemblies were provided to Roe Green Infants for Easter, Harvest and Advent.
During November we welcomed Year 2 puplls from Klngsbury Green Primary
School and we welcomed Ollver Goldsmith back Into the church during December
with thelr Year 2 pupils. both schools wanted to learn about the importance of the
church in Christianity.
1.5 Risk Management
A comprehenslve revlew of our church bullding and all church based actlvStles Is carrled
out by the Parochial Church Council. They monltor these matters contlnuously and carry
out the necessary risk assessments.The PCC have assessed these risks and are satisfied
that systems are In place to mltlgate exposure.
1.6 Safeguarding
The PCC has complied wlth the duty under sectlon 5 of the Safeguardlng and Clergy
Dlsclpllne Measure 2016, in relation to having due regard to House of Bishops, guidance
on safeguarding children and vulnerable adults. There were no safeguardlng Issues
ralsed during the year.
1.7 Financial Review
A formal budget process was again followed during the year to assist with financlal
planning. Full details of the accounts are provided in the independently examlned and
signed-off Flnanclal Statements.
The results for the year show a surplus on unrestricted funds of £10,068 (2023:
£15,064). Voluntary income was £135,221 (2023: £110,135). The letting of Holy
Innocents Church Hall at Bacon Lane, made a net contrlbution of £42,475 (2023:
£46,431) to church funds.
Registered Charity No. 1135097

Holy Innocents., Kingsbury Parish Church
Annual Report and Financial statements
For the year ended 31 December 2024
Parish Ref. 2108
1.7 Financial Review (continued)
The PCC has Incurred unrestricted expenditure of £125,153 (2023: £95,071) in
supporting the objectives of the PCC. This has largely been spent on its contribution to
the Diocesan Common Fund, to support the work of the mission of the church in the
parish and in the Diocese. The Church's contribution to the Common Fund in year is
£50,000 (2023: £48,000). The PCC has reviewed its contribution for 2024 in the light
of financial performance and anticipated expenditures and has indicated to the Diocese
that it will contribute £55,000 to 2025 Common Fund.
The PCC has free reserves of £112,866 at 31st December 2024 (2023 £102,798) which
are held on HSBC UK Current account and on deposit in the CBF Church of England
Deposit Fund, and invested in the CBF Church of England Investment Fund. There are
also reserves of £3,063 (2023 £2,830) which were for specific purposes. It Is the PCC'S
policy to maintain reserves so that it is able to meet immediate expenditure and to pay
for future major expenditure In order to maintain the church. We are very grateful to
those who give to Holy Innocents, especially those who glve regularly through a
stewardship commitment.
Cash collectlons at servlces was maintained at about £92 per week. It has been
possible to recover tax refunds totalling £8,240 (2023: £7,623) from Glft ASded giving
and under the Gift Aid Small Donations Scheme.
During year, the Holy Innocents launched a speclal appeal to raise funds for the
restoratlon of the Church Organ. Many Parlshloners donated to the Organ appeal fund
which raised £12,155 including grant received from the places of worship scheme. The
Church Organ restoratlon work was completed in May 2024 at a cost of £10,260. As
noted on note 6.9 page 20 to these flnancial statements, the surplus of £1,895 arising
from the amount received from the Organ appeal fund over the amount spent is
retained In the Organ deslgnated funds to be used for any future repairs to the Organ.
Overall we report a net surplus for the year. Income has held up well, wlth well
managed expenditure resulted in a surplus that will enable us once again to start
'saving' for essentlal building work ahead.
Holy Innocents has a culture in which many of the activitles are conducted by
volunteers. Without the efforts of so many people, the church would not be able to
continue its work at the level from which all members and visltors benefit. The church
thanks them for thelr exceptional generosity.
1.8 Reserves Policy
Reserves are needed to bridge the gap between spendlng and receiving income to meet
commltments. Total reserves at the year end is £578,249 compared to £567,948 last
year. Reserves available to spend Is £115,929 (2023:£105,328) of which £3,063
(2023:£2,830) are restricted reserves. The charity continues to monitor this position.
The trustees consider that the charity has an adequate level of reserves to continue as a
going concern.
The Parochial Church Council agreed that our CBF Building fund would be preserved
where possible. Operating costs will be met from other resources and only as a last
resort will funds be drawn down to meet the PCC financial obligations.
Registered Charity No. 1135097

Holy Innocents,, Klngsbury Parish Church
Annual Report and Financial statements
For the year ended 31 December 2024
Parish Ref. 2108
2.0 STATEMENT OF TRUSTEES, RESPONSIBILITIES FOR THE ACCOUNTS
The trustees are responsible for preparing the Trustees, Report and the financial statements
In accordance with appllcable law and United Kingdom Accounting Standards (United Kingdom
Generally Accepted Practice).
The law applicable to charities in England and Wales requires the trustees to prepare financial
statements for each financial year whlch give a true and fair view of the state of the affairs of
the Charity and the incoming resources and application of resources of the Charity for that
period. In preparing these financlal statements, the trustees are required to:
(i)
select suitable accounting policies and then apply them consistentlyi
observe the methods and prlnclples in the applicable Charltles of SORP;
make judgements and estimates that are reasonable and prudent;
(iv)
state whether applicable accounting standards have been followed, subject
to any material departures disclosed and explained In the financial
statements. and
(v)
prepare the financial statements on the ongoing concern basis unless It Is
Inappropriate to assume that the Charity wlll continue in operatlon.
The trustees are responsible for keeplng accounting records which dlsclose with
reasonable accuracy at any tlme the flnancial positlon of the Charity, and to safeguard
the assets of the charity and take reasonable steps for the preventlon of fraud and other
Irreg ularitles.
The trustees are responsible for the malntenance and Integrlty of the charlty and
flnanclal Information included on the charity's website In accordance with leglslation in
the United Klngdom governlng the preparatlon and dlssemlnation of flnanclal
statements.
These reports w
reap
oved by the Parochial Church Council on
Signature:
Date:
L/¥/L
Name: Sophie Schull-Brewer
Chair
Signature:
Date:
Church Warden
EL/¥inJC QHhLMEQS
Registered Charity No. 1135097
10

Holy Innocents,, Kingsbury Parish Church
Annual Report and Financial statements
For the year ended 31 December 2024
Parish Ref. 2108
3.0 INDEPENDENT EXAMINER'S REPORT TO THE PCC OF HOLY INNOCENTS
I report on the flnanclal statements of the PCC of Holy Innocents Kingsbury Parish
st
Church for the year ended 31 December 2024, which are set out on pages 12 - 20, is in
respect of an examination carried out in accordance with the Church Accounting
Regulations 2006 ("the Regulations") and section 145 of the Charities Act 2011 ("the
2011 Act").
Respective responsibilities of PCC and examiner
The charity's trustees are responsible for the preparation of the accounts. The charity's
trustees consider that an audit is not required for this year under section 144(2) of the
Charities Act 2011 and that an independent examination is needed.
It is my responsibility to:
examine the accounts under section 145 of the 2011 Act.
to follow the procedures laid down in the General Directions glven by the Charlty
Commissioner under section 145(5)(b) of the 2011 Act; and
to state whether particular matters have come to my attention.
Basis of independent examiner s report
My examination was carried out in accordance with the General Directions given by the
Charity Commissioner. An examination includes a review of the accountlng records kept
by the charity and a comparison of the accounts presented with those records. It also
Includes conslderation of any unusual Stems or disclosures in the accounts, and the
seeking of explanations from you as trustees concerning any such matters. The
procedures undertaken do not provlde all the evidence that would be required in an audlt
and, consequently no opinion is given as to whether the accounts present a 'true and falr
vlew, and the report is limited to those matters set out in the statement below.
Independent examiner's statement
In connectlon with my examination, no matter has come to my attentlon:
whlch glves me reasonable cause to believe that, In any material respect, the
requirements:
(a)
to keep accounting records In accordance with section 130 of the
2011 Act. and
to prepare accounts which accord with the accounting records and
to comply with the accounting requirements of the 2011 Act have
not been met. or
to which, in my opinion, attentlon should be drawn in order to enable a proper
understanding of the accounts to be reached.
(b)
Philip Cole FCA,
Landmark Accountants Llmited
Leavesden Park, 5 Hercules Way
Watford, Hertfordshire,
WD25 7GS
Date
Regislered Charity No. 1135097
11

Holy Inno¢ents', Klngsbury Parish Church
Annual Report and Financial statements
For the year ended 31 December 2024
Parish Ref. 2108
4.0 STATEMENT OF FINANCIAL ACTIvrrIES (SOFA)
for the year ended De￿mber31 2024
Unrestricted
Funds
Restrieted
Funds
Total
2024
Total
2023
Nole
Income from:
Donations and legacies
Charitable activities
Investments
6.2(a)
6.2(b)
63,106
71,285
830
63,106
71,472
1,003
40,755
68,944
594
187
173
Toliil iiieonie
135,221
360
135,581
110,293
Expenditure on:
Raisiiig fiinds
Cliai'itable activities
Other costs
Toliil ex
enilitiire
6.3(a)
6.3(b)
21,582
80,596
22,975
125,153
21,582
80,723
22,975
125,280
16,279
73,533
5,544
127
127
NET MOVEMENT IN FUNDS FOR THE YEAR
10.068
233
ioJoi
14,937
TOTAL FUNDS BROUGHT FORWARD @
JANUARY 1, 2024
2023
nole 6. 9
565,118
2,830
567,948
553,011
TOTAL FUINDS CARRIED FORWARD @
DECEMBER 31, 2024 (2023)
nole 6. 9
575,186
3,063
578,249
567,948
Registered Charity No. 1135097
12

Holy Innocents,, Kingsbury Parish chU￿h
Annual Report and Financial statements
For the year ended 31 December 2024
Parish Ref. 2108
5.0 Balance Sheet as at December 31, 2024
Nole
2024
2023
FIXED ASSETS
Tangible fixed assets
465,915
468,803
CURRENT ASSETS
Debtors
2,123
10.635
Cash at bank and in hand
116,569
93.028
TOTAL CURRENT ASSETS
118,692
103,663
LIABILITIES: AMOUNTS FALLING
DUE WITHIN ONE YEAR
NET CURRF.NT ASSETS
(6,358)
(4,518)
112 334
99,145
TOTAL NET ASSETS
578,249
567.948
FUNDS AND RESERVES
Church hall valuation rescrve
462?20
462.320
Restricted Funds
3.063
2.830
Unrestricted Funds
112,866
102,798
TOTAL FufrfDS
578249
567,948
Approved by the Standing Committee of the Parochial Church Council on
and signed on its behalf by:
Rev Sophie Schuil-Brcwer
(Chair)
Macaulay Ndukwe FCCA Msc
(Treasurer?
Registered Charity No. 1135097
13

Holy Innocents,, Klngsbury Parish Church
Annual Report and Financial statements
For the year ended 31 December 2024
Parish Ref. 2108
6.1 ACCOUNTING POLICIES
6. 1.1 Accounting convention.
The PCC is a public entity within the meaning of FRS102.The financial statements have
been prepared under the Charities Act 2011 and in accordance with the Church
Accounting Regulations 2006 governing the individual accounts of PCC together with FRS
102 (2016) as the applicable standard and the 2016 version of the standards of
Statement of Recommended Practice, Accounting and Reporting by Charities (SORP (FRS
102)).
The financial statements have been prepared under the historical cost convention, as
modlfled by the valuatiom of Church Hall. The financlal statements Include all
transactions, assets and liabilities for which the PCC is responsible in law. They do not
Include the accounts of church groups that owe their main affiliation to another body,
nor those that are informal gatherings of church members.
The trustees conslder that there are no material uncertaintles about the charlty's ablllty
to continue as a going concern nor any significant areas of uncertainty that affect the
carrying value of assets held by the PCC.
6.1.2 Funds accounting
Funds held by the PCC are:
Unrestricted funds.. These are general funds for use by the PCC for ordinary purposes.
Holy Innocents has two such funds. Church and Fayre. Some of this unrestricted money
has been designated by the PCC.
Designated funds,. Monies set aside by the Parochial Church Council out of unrestricted
funds for speciflc future purposes or projects. These Include the Social, Organ and
Church Building funds.
Restricted funds.. Monles whlch have been donated to the Parochial Church Counc51 to
spend on a specific area of expendlture. They Include donations or grants received for
specific object or Invlted by the PCC for a specific object. The funds may only be
expended on the specific object for whlch they were given. Any balance remaining
unspent at the end of each year must be carried forward as a balance on that fund.
These are the Lovett & Flower Fund, a donation for the sound system held in the CBF
General Fund and a legacy held in the CBF bank accounts.
6.1.3 Income
Planned givingi collections and donations are recognised when received. Tax refunds are
recognlsed when the income to which they relate is receivable. Grants and legacies are
accounted for when the PCC is legally entitled to the amounts due. All other income Is
recognised when it is receivable. All income is accounted for gross.
Donations and legacies.. Planned giving, collections, legacies & donations, charities
Gift aid tax refund.
Charitable activities.. Christmas Fayre and May Market, Fees, parish magazine, hall
lettings
Investment .' Interest in all areas as accrued.
Registered Charity No. 1135097
14

Holy Innocents. Kingsbury Parish Church
Annual Report and Financial statements
For the year ended 31 December 2024
Parish Ref. 2108
NOTES TO THE FINANCIAL STATEMENTS
for ihe year ended Deceinber 31, 2024
6.1.4 Expenditure
Grants and donations are accounted for when paid over, or when awarded, if that
award creates a binding or constructive obligation on the PCC. The diocesan common
fund is accounted for when due. Amounts received specifically for mission are dealt
with as designated or restrlcted funds. All other expenditure Is generally recognlsed
when It Is incurred and is accounted for gross.
Raising funds .'Chrlstmas fayre and May Market and other events, Church hall letting
costs,Traidcraft
Purchases, promotions and domain name.
Church activities.. Ministry costs, Church runnlng costs, Charities, Donations, professlonal
fees and administration support.
other .' Church refurblshment, printing and stationery and maintenance.
6.1.5 Fixed Assets
Consecrated land and bulldlngs are not included in the accounts in accordance wlth slo
(2) (a) of the Charitles Act 2011.
The Church hall, whllst reglstered by the diocese at the land registryi is at the disposal
of the PCC. The Parochlal Church Council has adopted a previous insurance rebuild
value for the accounts. No revaluation or depreciation has been applied to the
valuation. The current value is considered to be higher than the figure In the financial
statement.
Equlpment used wlthln the church premlses Is depreciated on a straight-line basis over
four years. Individual items of equipment with a purchase price of £1,000 or less are
wrltten off when the asset is acqulred. Items over £1,000 may be written off or
capitalised at the dlscretlon of the PCC.
6.1.6 Current Assets
Current Assets represent all realisable assets including amounts due to the PCC from
debtors which can realistically be recovered. Unrecoverable debts may be written off as
expenses with the agreement of the PCC,
6. 1.7 Current Liabilities
These are amounts owed to creditors by the PCC which fall due within a year.
Unclaimed amounts may be carried forward from year to year, written back or held as
designated reserves with the agreement of the PCC.
Registered Charity No. 1135097
15

Holy Innocents, Kingsbury Parish Church
Annual Report and Financial statements
For the year ended 31 December 2024
Parish Ref. 2108
NOTES TO THE FINANCIAL STATEMENTS
for ihe year Énded Deceiiiber 31. 2024
6.2 Income
Un-
restricted
Funds
Restricted
Funds
Total
2024
Total
2023
a) Donations and legacies
Planned giving
Collections at all services
Legacies and donations
Gift aid tax recovered.
Traidcraft sales
23,725
6,187
24,907
8,240
47
63,106
23,725
6,187
24,907
8,240
47
63,106
26,237
4,785
1,914
7,623
196
40,755
b) Charitable activities
Christmas Fayre and May Market
Other - including online promotions
Easy fund raising and Just Giving
Fees (marriage, wedding and other)
Votive candles
Flowers
Hall Lettings
5,047
675
39
1,707
249
5,047
675
39
1,707
249
187
63,568
5,095
30
684
710
302
227
61,896
187
63,568
71,285
187
71,472
68,944
c) Investment income
Interest receivable
830
830
173
173
1,003
594
594
Total
135,221
360
135.581
110,293
Registered Charity No. 1135097
16

Holy Innocents., Kingsbury Parish Church
Annual Report and Financial statements
For the year ended 31 December 2024
PaA7sh Ref. 2108
NOTES TO THE FINANCIAL STATEMENTS
foi. Ihe yeai. ended Deceiiibei. 31, 2024
6.3 Expenditure
restricted
General
Funds
Restricted
Funds
Total
2024
Total
2023
) Ralslng funds
utiiitle5
Cleanlng
Malntenance
Insurance
Traldcraft
8,261
9,821
1.999
1,012
489
8,261
9,821
1,999
1,012
489
2,987
10,857
1,359
882
194
urchases
b) Charltable actlvltles
Mlnlstry costs - Clergy
Mlnlstry costs - Common Fund
2,825
50,000
7,698
858
2,825
50,000
7,698
858
896
48,000
4,822
786
120
3,600
2,874
622
312
900
923
4,482
1,860
449
2,887
Telephone, Internet & IT expenses
Junlor Church
Insurance
Fees (organist & olheil
Altar
Flowers
Donatlons
Hlre of Equlpment
Admlnlstratlon
Professlonal fees
Mlscellaneous
Depreclatlon
3,684
2,866
620
40
1,000
1,232
4,776
2,040
69
2,888
3,684
2,866
620
167
1,000
1,232
4,776
2,040
69
2,888
127
127
c) Other costs
Printing & stationery
Muslc, copyrlght and reproductlon
Maintenance
Mlscellaneous
2,300
293
20.186
196
2,300
293
20,186
196
689
721
3,947
187
Total
125 153
127
125 280
Professional fees include a provision of £1,800 (2023: £1,740) for the indepcndent cxaminer's fee.
Registered Charity No. 1135097
17

Holy Innocents", Kingsbury Parish Church
Annual Report and Financial statements
For the year ended 31 December 2024
Parish Ref. 2108
NOTES TO THE FINANCIAL STATEMENTS
foi. Ihe year endedDeceniber 31, 2024
6.4 Fixed assets for use by PCC
Fixtures,
EEIIJ
Church Hall
Building
fittings and
equipment
Total
Cost
At January 1, 2024
Additions
Dis
osals
At December 31, 2024
De
reciation
At January 1, 2024
Charge for the year
Dis
osals
At December 31, 2024
Net Book Value
At December 31, 2024
At December 31, 2023
462,320
23,710
486,030
462,320
23,710
486,030
17,227
2,888
17,227
2,888
20,115
20,115
462,320
462,320
3,595
6,483
465,915
468,803
6.5 Debtors
2024
2023
Other debtors
2,123
10,635
Registered Charity No. 1135097
18

Holy Innocents", Kingsbury Parish Church
Annual Report and Financial statements
For the year ended 31 December 2024
Parish Ref. 2108
NOTES TO THE FINANCIAL STATEMENTS
for ihe year endedDeceiiibei' 31. 2024
6.6 Cash at Bank and In Hand
Bank
2024
2023
Lovett & Flower accoiint
General account
Social account
Lady Chapel account
Building's account
Current account
CBF
CBF
CBF
CBF
CBF
HSBC
3,063
11,514
129
274
4,570
97,019
116 569
2,830
10,934
122
261
4,340
74,541
93,028
Tolal
6.7 Liabilities - Amounts Falling Due Within One Year
2024
2023
Creditors
Accruals
705
5,653
6,358
4,518
4,518
Total
6.8 Analysis of Net Assets by Funds
Unrestricted
Funds
Restricted
Funds
Total
Funds
Fixed assets
Dcbtors
Cash at bank and in hand
Liabilities
465,915
2,123
113,506
(6,358)
575,186
465,915
3,063
116,569
6,358
578,249
Total
3,063
Regislered Charity No. 1135097
19

Holy Innocents", Kingsbury Parish Church
Annual Report and Financial statements
For the year ended 31 December 2024
Parish Ref. 2108
NOTES TO THE FINANCIAL STATEMENTS
fur ihe year éndedDeceiiiber 31. 2024
6.9 statement on Funds and Reserves
Balance
at
1 January
2024
Balance
at
31 Dec. 2024
Incoming
resources
Outgoing
resources
Transfer
Restricted Funds
Lovett & Flower
2,830
360
127
3,063
Sub-total
Unrestricted Funds
Church fund
2,830
360
127
3,063
98,336
110,140
114,893
93,583
Sub-total
98,336
110,140
114,893
Designated Funds
Social fund
Organ fund
Building fund
122
128
1.895
17,260
12,155
12,920
10,260
4,340
Sub-total
Total unrestricted and
desi
nated funds
Reserves
Church hall valuation
4,462
25,081
10,260
19,283
102, 798
135,221
125,153
112,866
462,320
462,320
Total Funds and Reserves
567,948
135,581
125,280
578.249
Included In unrestrlcted funds of £575,186 (2023: £565,118) are the Church hall
revaluation reserves of £462,320 (2023:£462,320).
Designated funds at 31. December 2023 have been disclosed separately from other
5t
unrestricted Church funds at l January 2024.
6.10 Transactions with members of the PCC and connected persons
Small amounts were paid out to PCC members and volunteers in respect of
reimbursement of catering, flower, Sunday school, printlng and small repair expenses.
At the year end, an accrual of £1,800 (2023: £1,711} was made as an honorarium to
the treasurer for work on the annual report. the amounts are included In
administration expenses in note 6.3(b).
During the year, the Administrator was paid £2,976 (2023: £2,952) for services to
Holy Innocents Kingsbury Parish Church. The Administrator is the spouse of a trustee.
Registered Charity No. 1135097
20