## **ECCLESIASTICAL PARISH OF ST MARY BROOKFIELD**
## **FINANCIAL STATEMENTS**
## **OF**
**THE PAROCHIAL CHURCH COUNCIL REGISTERED CHARITY NO. 1136821**
**FOR THE YEAR ENDED 31 DECEMBER 2021**
**Incumbent:** Fr Damien Mason The Vicarage 85, Dartmouth Park Road London NW5 1SL
**Bank:** HSBC PLC 31 Holborn Circus London EC1N 2HR
**Independent Examiner:** Heather Cheesman FCA Chichester Accounting Ltd
## **ANNUAL REPORT**
## _**Administrative Information**_
St Mary Brookfield is part of the Diocese of London. The correspondence address is The Vicarage, 85 Dartmouth Park Road, London NW5 1SL. The Parochial Church Council (PCC) is a registered charity (no 1136821).
PCC members who have served from 1st January 2021 until the date of this report are:
## _Incumbent:_
Fr Damien Mason (Chair)
## _Wardens:_
Peter Dann Ian MacGregor
## _Representatives on the Deanery Synod_
Bill Saunders **DIED 18 DEC 2021, RIP** Lucy Boyd (from 11 Oct 2020)
_Elected Members_
Oliver Butt Nicholas Bethune (Vice Chair) Ruth Godwin Nicola Pittam OBE (Treasurer) Denise Sealy Mark Williams Thomas Loyn Noel Casey William Johnson Lydia Kember
## _**Structure, governance and management**_
Members of the PCC are either ex officio by virtue of being Churchwardens, or elected by the Annual Parochial Church Meeting (APCM) in accordance with the Church Representation Rules.
The PCC operates through the Standing Committee, a committee required by law. The Standing Committee has power to transact the business of the PCC between its meetings, subject to any directions given by the Council.
The full PCC met 6 times during the year. We continue to be a body that is involved in the governance of the church with responsibilities shared out amongst members. The PCC support the vicar in his work and ministry and have an important role in ensuring we represent our diverse congregation.
## _**Aim and Purposes**_
St ������ Brookfield PCC is responsible for cooperating with the incumbent, Fr Damien Mason, in promoting the Christian faith and the whole ministry of the Church, pastoral, evangelistic, social and ecumenical in the ecclesiastical parish of St Mary Brookfield. It
also has maintenance responsibilities for the Church, and the Church Hall at York Rise.
## _**Objectives and activities**_
The PCC is committed to enabling as many people as possible to worship at St ������ and to become part of the church community. Our services put faith into practice through prayer and Scripture, music and sacrament.
When planning our activities for the year, we have considered the Charity ������������ guidance on public benefit and, in particular, the supplementary guidance on charities for the advancement of religion. In particular, we try to enable people to live out their faith as part of our church community through:
- Worship and prayer; learning about the gospel; developing their knowledge of and trust in Jesus;
- Provision of pastoral care for people living in the parish;
- Reaching out to the wider community and partnering with local organisations.
## _**Achievements and performance**_
## _Electoral Roll_
There are 64 names entered on the Roll.
## _Review of the year_
2021 continued to be another testing and difficult time for our community and parish as we tried to keep going throughout various lockdowns and restrictions. As we discovered new ways of reaching out and worshipping in different ways, we recognised that although so much had changed, our vision for the church remained the same. Our Mission Action Plan _Vision 2025_ reminds us that we should be active in the renewal in the life of our congregation and parish. The five areas of transformation and growth identified in our Mission Action Plan are set out below:
## � **Worship**
Worship lies at the centre of our life as a parish on Sundays and weekdays. We have one Sunday Solemn Mass and a said Low Mass on most weekdays. Our average adult Sunday attendance in 2021 was 45, and 8 children. We continued up until August 2021 live-streaming Solemn Mass on Sundays on the parish Facebook page for those who were shielding from Covid-19 and unable to make it to church.
We complied with all Covid-19 restrictions placed on churches. We managed to keep our building open every day of the week for the whole year.
Our Music has been strengthened by more regular singers who help lead worship on
2
Sundays and at major solemnities and feasts throughout the year. Our organist and choir play an important role in maintaining high standards that appropriately support the liturgy and worship. The high quality of choral singing attracts people to worship in St ������ and is a key feature of what we do.
## � **Discipleship & Faith**
There were 3 Confirmations and 6 Baptisms in 2021. We have continued to adapt and change in terms of teaching. We are ably supported by our Lay Reader who leads on Study Groups and various ways of sharing the faith. We held 3 study groups (online and in-person).
_Pub Sunday_ is a regular monthly meeting for fellowship following Sunday Mass. We regularly have between 20-30 people attend.
Communication in the parish is maintained via the weekly parish email newsletter. Contact was also maintained via telephone, and by visiting, particularly for those who were isolated and staying at home especially at the beginning of 2021.
## � **Young People**
Our Sunday provision for children was enhanced during 2021. We now regularly see between 8 and 12 children on a Sunday morning. We take seriously our aim to nurture children to be disciples in their own right as we seek to encourage them in faith and engage them with Scripture and allow them to contribute to worship as they play their part as children of God. Our Sunday School leaders have enthusiastically and consistently been creative in helping our young people grow through engaging and imaginative ways.
## � **Transforming Community**
Our weekday _Community Café_ now runs three days a week seeing around 30 people at each lunch. These sessions were enhanced at the end of 2021 with a National Lottery Grant, which we are using to help towards providing music and activities for those who attend, and improving the facilities for the _Community Café_ .
_All Aboard: stay & play_ for under ��� now runs four days a week and we see around 100 children over the course of the week.
Both of these outreach projects continue to be run in partnership with Highgate Newtown Community Partners, a relationship that has been fruitful throughout the year.
During the year we started a peer support group in partnership with MIND Camden, focusing on mental health and wellness. This is a group of 10-15 people who meet weekly and have a short discussion session. This group is drawn from
members of our congregation and people from the local community.
We continued to the C4WS winter shelter in the changed circumstances forced by the pandemic.
## � **Transforming our Building**
We completed the first set of plans for the works that take into account the need to make major repairs to our building alongside the need to improve our facilities and accessibility. Work on this has been slower than we would have liked, but the effects of the pandemic have reduced the time we were able to spend on taking our proposals forward to the Diocese and other ammenity societies etc.
We continued with our programme of caring and improving the ornaments and fabric of the church. A new altar frontal was purchased, the sanctuary light was repaired and refurbished, and a number of candlesticks were refurbished in 2021.
The Church Hall continues to be a major source of income for the parish, but it also continues to need regular improvements. This income allows us to fund much of our work at St �������
## _**Risk Management**_
The PCC noted that continuing expenditure on church and hall maintenance would need to be carefully monitored to ensure that the parish could still meet and if possible increase payments to the Common Fund of the Diocese. The church is dependent on the rents received from the church hall. If one or more of the flats are left vacant for a significant period of time, or if the nursery is prevented from opening, the �������� income would be severely affected. It was noted that, the restrictions in place to meet the Covid-19 pandemic in 2021 had only affected weekend lettings at the church hall, and income from the church, through loss of concerts, fund raising income and collections. Continuation of Coronavirus restrictions continued to affect the church income in 2021, but so far income from the church hall has been sufficient to cover this. The church also still has sufficient reserves to enable us to keep operating in the event that the situation deteriorates. Concerning statutory and legal requirements, the church continued to insure with Ecclesiastical Insurers which provides cover for the most significant high impact risks identified by the PCC.
The PCC also continually monitors the condition of our buildings to ensure that all users of both the church and the hall remain at minimal risk.
3
The process of identifying the major risks to which the church is exposed, as identified by the PCC, continues. The PCC is committed to continuing this review of risks identified, and to making sure that the systems established to mitigate those risks are improved, where necessary.
## _**Safeguarding**_
St ������ takes safeguarding seriously in the context of our belief that we are all unique, valued, and made in ����� image. We have formally adopted our own safeguarding policy in line with that of the Diocese of London and the national church. Lydia Kember is our ���������� champion. Bill Saunders acted as designated Church Safeguarding Officer for most of the year, Bill Saunders, but sadly died at the end of 2021. Bill worked very hard in our church and we are grateful for all he did for St ������� Following his death, Noel Casey was appointed Church Safeguarding Officer at the beginning of 2022.
The PCC has agreed to the ��������� request that common fund contributions for 2022 should, if possible, be increased. Accordingly, the parish will contribute £60,000 to the Common Fund for 2022.
## _**Plans for future periods**_
We are positive about the next year and look forward to the challenges ahead. In these uncertain times we must remain rooted and grounded in our belief that the one who calls us is faithful and good and will provide all that we need. As we move into 2022 we hope to build on the things we have learned during the last two difficult years and press on with _Vision 2025_ .
For the past few years we have started to make decent progress in our wish to become a centre for our parish and community. I am confident that we will continue to develop and grow in the year ahead.
## _**Reserves policy**_
At the end of the year, the PCC had cash reserves of £113,755 (2020: £90,390), of which £15,653 (2020: £9,096) were held on restricted funds and not available for general purposes of the charity.
The church requires significant reserves to ensure that it is able to finance any maintenance required to the Church and church hall buildings, and to meet its liabilities as they fall due. At the end of 2021, the �������� reserves had increased by £21,479, reversing the loss of £18,205 made in 2020. The church has sufficient funds in the Church Hall fund: £71,343 (2020: £66,082)) to cover maintenance needs and other liabilities.
## [ Damien Mason]
Fr Damien Mason
In addition, the PCC holds cash reserves on the general fund: £20,399 at 31 December 2021 (£8,854 at 31 December 2020)) as a safeguard against unforeseen expenditure needs. It can call on the church hall account where this is insufficient. The level of the reserves is decided by reference both to identified building and maintenance requirements, and to the PCC�s experience. The level of reserves is reviewed annually.
## _**Financial review**_
Planned giving received during 2020 decreased by 0.08% on the previous year. Total voluntary income increased by 64.6% and total income increased by 19.8%.
£175,843 (2020: £182,872) was spent during the year, including the contribution of £58,025 (2020: £58,025) to the diocesan Common Fund. The net result for the year was a surplus of £21,479 (2020: a loss of £18,205).
4
believe that in any material respect the requirements
## **Independent Examiner** � **s Report to the PCC of St Mary** � **s Brookfield**
I report on the accounts of the PCC for the year ended 31 December 2021, which are set out on pages 6 - 15, following an examination carried out in accordance with section 145 of the Charities Act 2011 ����� ������
## **Respective responsibilities of trustees and examiner**
As members of the PCC, you are responsible for the preparation of the accounts. You consider that an audit is not required for this year under section 144(2) of the Act and that an independent examination is needed.
- to keep accounting records in accordance with section 130 of the Act; and
- to prepare accounts which accord with the accounting records and comply with the requirements of the Act,
have not been met; or
- (2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
It is my responsibility to:
- examine the accounts under section 145 of the Act;
- to follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of the Act; and
- to state whether particular matters have come to my attention.
## **Basis of independent examiner** � **s report**
[Heather Cheesman]
Heather Cheesman FCA 104 Stockbridge Road Chichester West Sussex PO19 8QP
- [24 February 2022]
My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the PCC and a comparison of the accounts presented with those records. It also includes considering any unusual items or disclosures in the accounts and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is expressed as to whether the accounts present �� true and fair ����� and the report is limited to those matters set out in the statement below.
## **Independent examiner** � **s statement**
In connection with my examination, no matter has come to my attention:
- (1) which gives me reasonable cause to
5
**Parochial Church Council of St Mary Brookfield**
## **STATEMENT OF FINANCIAL ACTIVITIES For the year ending 31 December 2021**
|**Notes**|**Unrestricted**
**Funds**
**Restricted**
**Funds**
Music
Memorial fund
Church Hall
Fund
**Designated Funds**|**2021**
**2020**
**TOTAL FUNDS**|
|---|---|---|
|INCOME
_Donations and legacies_
_3(a)_
_Trading activities_
_3(b)_
_Investment income_
_3(c)_
_Church activities_
_3(d)_
_Other income_
_3(e)_|**£**
**£**
**£**
**£**
**£**
**£**
64,592
-
-
28,362
**92,954**
56,453
6,944
-
96,765
-
**103,709**
107,875
3
3
29
3
**38**
305
621
**-**
**-**
**-**
**621**
33
-
-
-
-
**-**
-||
|**TOTAL INCOMING RESOURCES**|**72,160**
**3**
**96,794**
**28,365**
**197,322**
**164,666**||
|EXPENDITURE
_Costs of raising funds_
_4(a)_
_Church activities_
_4(b)_|923
-
-
-
**923**
900
121,420
-
31,044
22,456
**174,920**
181,971||
|**TOTAL EXPENDITURE**|**(122,343)**
**-**
**(31,044)**
**(22,456)**
**(175,843)**
**(182,871)**||
||||
|**NET MOVEMENT IN FUNDS**|**(50,183)**
**3**
**65,750**
**5,909**
**21,479**
**(18,205)**||
|TRANSFER OF FUNDS
**RECONCILIATION OF FUNDS**
BALANCES BROUGHT FORWARD AT
1 JANUARY 2021|60,000
(60,000)
586,103
6,358
142,343
9,311
744,115
762,320||
|**BALANCES CARRIED FORWARD AT**|**595,920**
**6,361**
**148,093**
**15,220**
**765,594**
**744,115**||
|**31 DECEMBER 2021**|||
|The notes on pages 9 - 15 form part of these accounts.|||
6
## **Parochial Church Council of St Mary Brookfield**
## **BALANCE SHEET At 31 December 2021**
|**Note**
**FIXED ASSETS**
Tangible fixed assets
_7_
**CURRENT ASSETS**
Debtors
_8_
Central Board of Finance deposits
Cash at bank and in hand
**LIABILITIES: AMOUNTS FALLING DUE WITHIN ONE**
**YEAR**
_9_
**Net current assets**
**Total assets less current liabilities**
**TOTAL NET ASSETS**
**FUNDS**
_10_
Unrestricted:
General funds
Music Memorial Fund
Church hall designated fund
Restricted funds|**2021**
**2020**
**£**
**£**
651,952
654,077
8,770
5,713
69,203
69,167
44,552
21,223|
|---|---|
||122,525
96,103
(8,883)
(6,065)|
||113,642
90,038|
||765,594
744,115
765,594
744,115
595,920
586,103
6,361
6,358
148,093
142,343|
||750,374
734,804
15,220
9,311|
||765,594
744,115|
Approved by the Parochial Church Council on 24th February 2022 and signed on its behalf by:
[Peter Dann] [Ian MacGregor]
Peter Dann (Churchwarden)
Ian MacGregor (Churchwarden)
[Nicola Pittam]
Ms Nicola Pittam (Treasurer)
The notes on pages 9 - 15 form part of these accounts.
7
## **Parochial Church Council of St Mary Brookfield**
**Notes to the Financial Statements For the year ended 31 December 2021**
## **1. THE BASIS OF ACCOUNTING**
The Financial Statements have been prepared in accordance with the Church Accounting Regulations 2006 together with applicable accounting standards and the Charities SORP 2015 (Financial Reporting Standard 102).
The financial statements have been prepared under the historic cost convention except for investments, which are shown at market value. The Church Hall is valued at cost, taken as the insurance estimated value of rebuilding in 1998, and the cost of structural alterations made in 2011. The Accounts have been prepared on an accrual basis.
## **2. ACCOUNTING POLICIES**
## **Funds**
General funds represent the funds of the PCC that are not subject to any restrictions regarding their use and are available for application on the general purposes of the PCC. Funds designated for a particular purpose by the PCC are also unrestricted. There are three designated funds: the Church Hall designated fund, and the Music Memorial Fund. Money earned by the Church Hall is accounted for in the Church Hall Fund. The maintenance of the church hall is the first charge on that fund. Any surpluses on the fund may be transferred to the general fund to finance the work of the parish.
The Church also has the following restricted funds: the Churchwardens’ Fund (see further note 11, and page 13); the Elsie Huxley Music Fund, set up in memory of Elsie Huxley, which contributes to the costs of music; the Charities fund, into which moneys donated to charity through the church are paid. The other restricted funds include the Organ Fund to which donations are made to contribute to the cost of the organ, the Vestments Fund, for the purchase of vestments, the Cold Weather Shelter fund, for donations towards the church’s expenses as a participant in the Camden Churches Cold Weather Scheme, the Hall fund, the Community Lunch Fund, for costs associated with the Community Lunch hosted by the Church, and a Church Wall fund, for donations to the cost of repairs to the church walls.
The accounts include all transactions, assets and liabilities for which the PCC is responsible in law.
## **Income**
Collections are recognized when received by or on behalf of the PCC. Planned Giving receivable under Gift Aid is recognised only when received. Income tax recoverable on Gift Aid donations is recognized at the end of the financial year.
Grants and legacies to the PCC are accounted for as soon as the PCC is notified of its legal entitlement, the amount due is quantifiable and its ultimate receipt by the PCC is reasonably certain. Funds raised by the fete, bazaar and similar events are accounted for gross.
Rental income from the letting of church premises is recognised when the rental is due.
## **Expenditure**
Grants and donations are accounted for when paid over. The parish contribution to the diocese common fund (the parish share) is accounted for when paid. Any parish share unpaid at 31 December is provided for in these accounts as an operational (though not a legal) liability and is shown as a creditor in the Balance Sheet. Insurance payments are accounted for when paid.
## **Fixed assets**
## _**Consecrated property and movable church furnishings**_
Consecrated and beneficed property of any kind is excluded from the accounts by s.10(2) of the Charities Act 2011. Movable church furnishings held by the Vicar and Churchwardens on special trust for the PCC, and which require a faculty for disposal, are accounted as inalienable property unless consecrated. They are listed in the church’s Inventory which can be inspected (at any reasonable time). For inalienable property acquired prior to 2003 there is insufficient cost information available and therefore such assets are not valued in the accounts.
All expenditure incurred in the year on consecrated or beneficed buildings, individual items under £1,500 or on the repair of movable church furnishings acquired before 1 January 2013 is written off when incurred.
## _**Other property, fixtures, fittings and office equipment.**_
Equipment used within the church premises is depreciated on a straight-line basis over 4 years. Individual items of equipment with a purchase price of £1,000 or less are written off when the asset is acquired. No depreciation is charged on the church hall as the currently estimated residual value of the hall (discounted for monetary inflation since their capitalisation) is not less than their carrying value and the remaining useful life of these assets currently exceeds 50 years, so that any depreciation charges would be immaterial. If the carrying value of the buildings looks greater than their current value on this basis, an impairment review would be carried out and any resultant loss included in expenditure for the year. Fixtures and fittings within the church hall are depreciated on a straight-line basis over 15 years.
## _**Current assets**_
Amounts owing to the PCC at 31 December in respect of fees, rents or other income are shown as debtors less provision for amounts that may prove uncollectable. Short-term deposits include cash held on deposit with the CBF Church of England Funds or at the bank.
8
**Parochial Church Council of St Mary Brookfield**
## **Notes to the Financial Statements For the year ended 31 December 2021**
## **3 INCOMING RESOURCES**
|**3**|**INCOMING RESOURCES**|||||||
|---|---|---|---|---|---|---|---|
||||||||**TOTAL FUNDS**|
|||**Unrestricted**|||**Restricted**|||
|||**funds**|||**funds**|||
|||**_General_**|**_Designated funds_**|||||
|||**_funds_**||||**2021**|**2020**|
||||Church music|Church hall||||
|||**£**|**£**|**£**|**£**|**£**|**£**|
||**Incoming resources from generated funds**|||||||
|**3(a)**|_Voluntary Income_|||||||
||Planned giving:|||||||
||Gift Aid Donations|23,685|-|-|-|23,685|23,380|
||Income tax recoverable|5,924|-|-|-|5,924|5,845|
||Other planned giving|1,478|-|-|-|1,478|2,128|
|||31,087|-|-|-|**31,087**|31,353|
||Collections|2,699|-|-|234|**2,933**|1,722|
||Gift Aid Small Donations Scheme|1,004|-|-|-|**1,004**|481|
||Sundry donations|||||||
||Gift Aid|22,451|-|-|4,404|26,855|4,699|
||Income tax recoverable|5,613|-|-|1,101|6,714|1,175|
||Other donations|1,738|-|-|639|2,377|3,023|
|||29,802|-|-|6,144|**35,946**|8,897|
||Grants (see further note 11)|-|-|-|21,984|21,984|14,000|
||Legacy|-|-|-|-|-|-|
|||**64,592**|**-**|**-**|**28,362**|**92,954**|**56,453**|
|**3(b)**|_Activities for generating funds_|||||||
||Trading income (see further note 12)|6,589|-|-|-|6,589|2,568|
||Rental and letting income (see note 13)|-|-|91,606|-|91,606|98,037|
||Fund-raising activities (see note 14)|355|-|-|-|355|825|
||Sundry income|||||||
||Miscellaneous|-|-|-|-|-|1,762|
||Utilities payments|-|-|5,159|-|5,159|4,682|
|||**6,944**|**-**|**96,765**|**-**|**103,709**|**107,875**|
|**3(c)**|_Income from investments_|||||||
||Interest on funds with Central Board of|1|3|29|3|36|305|
||Finance|||||||
||Interest from Inland Revenue|2|-|-|-|2|0|
|||**3**|**3**|**29**|**3**|**38**|**305**|
|**3(d)**|**Incoming resources from charitable activities**|||||||
||Parish Magazine|-|-|-|-|-|-|
||Bible Reading Fellowship notes|-|-|-|-|-|20|
||Fees|621|-|-|-|621|13|
|||**621**|**-**|**-**|**-**|**621**|**33**|
|**3(e)**|**Other ordinary incoming resources**|||||||
||Insurance claims|-|-|-|-|**-**|**-**|
||**TOTAL INCOMING RESOURCES**|**72,160**|**3**|**96,794**|**28,365**|**197,322**|**164,666**|
9
**Parochial Church Council of St Mary Brookfield**
**Notes to the Financial Statements For the year ended 31 December 2021**
|||||||**TOTAL FUNDS**||
|---|---|---|---|---|---|---|---|
|||**Unrestricted**|||**Restricted**|||
|||**funds**|||**funds**|||
|||**_General_**
**_funds_**|**_Designated funds_**|||**2021**|**2020**|
||||Church music|Church hall||||
|||**£**|**£**|**£**|**£**|**£**|**£**|
|**4**|**EXPENDITURE**|||||||
||**Costs of generating funds**|||||||
|**4(a)**|**_Costs of raising funds_**|||||||
||Costs of stewardship|74|-|-|-|74|-|
||Costs of fundraising|205|-|-|-|205|579|
||Advertising|644|-|-|-|644|321|
|||923|-|-|-|923|900|
|**4(b)**|**_Church activities_**|||||||
||Charitable giving (see further note 15)|-|-|-|5,241|5,241|152|
||Ministry|||||||
||Diocesan Fund|58,025|-|-|-|58,025|58,025|
||Clergy expenses|802|-|-|-|802|906|
||Vicarage telephone|968|-|-|-|968|895|
||Hospitality|1,020|-|-|-|1,020|151|
||Cold Weather Shelter|-|-|-|-|-|954|
||Study material|255|-|-|-|255|-|
||Ministry to children|380|-|-|-|380|485|
||Website|250|-|-|-|250|250|
||Sundry costs|1,834|-|1,701|999|4,534|2,086|
||Computer equipment and software|152|-|-|-|152|-|
||office supplies|743|-|-|-|743|438|
||Presentation|131|-|-|-|131|550|
||Printing|1,614|-|-|-|1,614|1,013|
|||66,174|-|1,701|999|68,874|65,752|
||Vicarage costs|||||||
||Vicarage maintenance|395|-|-|-|395|1,192|
||Vicarage utilities|302|-|-|-|302|289|
|||697|-|-|-|697|1,481|
||Church and Hall costs|||||||
||Maintenance|9,583|-|10,609|-|20,192|20,063|
||utilities|9,390|-|7,043|-|16,433|9,534|
||Insurance|6,590|-|2,197|-|8,787|8,513|
||Major works|-|-|-|-|-|7,076|
||Professional fees re proposed major|||||||
||works|1,734|-|-|-|1,734|18,316|
||Professional fees|-|-|971|-|971|2,268|
||Church and hall manger's costs|8,499|-|2,833|-|11,332|10,238|
||Church hall legal and admin costs|590|-|3,846|-|4,436|2,468|
|||36,386|-|27,499|-|63,885|78,475|
||Upkeep of services|||||||
||Music costs|2,302|-|-|13,055|15,357|11,759|
||Organists|7,580|-|-|-|7,580|6,290|
||Repair & refurbishment of candles et|1,882|-|-|-|1,882|6,173|
||New crucifix|31|-|-|1,687|1,718|-|
||Purchase of altar frontals|2,330|-|-|-|2,330|3,814|
||Other service costs|3,114|-|-|1,317|4,431|5,050|
|||17,239|-|-|16,059|33,298|33,086|
||Movable furnishings and equipment|||||||
||Depreciation|124|-|1,844|157|2,125|2,125|
|||**124**|**-**|**1,844**|**157**|2,125|2,125|
||Governance costs|||||||
||Independent examination|800|**-**|**-**|**-**|800|900|
||Total expenditure on charitable activities|**121,420**|**-**|**31,044**|**22,456**|**174,920**|**181,972**|
||**TOTAL RESOURCES EXPENDED**|**122,343**|**-**|**31,044**|**22,456**|**175,843**|**182,872**|
## **5 STAFF COSTS/PCC EXPENSES**
During the year the PCC employed a Hall Manager and engaged the services of organists. Neither received £50,000 p.a. or more for their services. The hall manager was paid £11,015 for his services, and £317 was contributed to his pension. The organists were paid £7,580 for their services.
During the year the vicar was reimbursed travelling, telephone and administrative expenses of £802.
## **6 RELATED PARTY TRANSACTIONS**
During the year £19,180 was received by way of donations from members of the PCC. No expenses have been paid to any member of the PCC, except for clergy expenses disclosed in note 5.
10
**Parochial Church Council of St Mary Brookfield**
**Notes to the Financial Statements For the year ended 31 December 2021**
## **7 FIXED ASSETS FOR USE BY THE PCC**
|Tangible fixed assets
**Actual / Deemed Cost**
At 1 January 2021
Correction
Additions
At 31 December 2021
**Depreciation**
At 1 January 2021
Charge for the year
At 31 December 2021
**Net Book Value**
At 31 December 2020
At 31 December 2021|**TOTAL ASSETS**
**Freehold land**
**and buildings**
**Fixtures and**
**Fittings**
**Other church**
**equipment**
**2021**
**£**
**£**
**£**
**£**
643,196
27,654
7,828
678,678
-
-
-
-
-
-
-
-|
|---|---|
||643,196
27,654
7,828
678,678
-
17,054
7,547
24,601
-
1,844
281
2,125|
||-
18,898
7,828
26,726
643,196
10,600
281
654,077
643,196
8,756
-
651,952|
The freehold land and buildings comprise the church hall at York Rise. For accounting purposes the hall is valued at cost (taken as the insurance valuation of the cost of rebuilding, valued for insurance purposes at 31 December 1998 at £580,000, together with the cost of structural alterations made in 2011).
## **8 DEBTORS**
|Fr Damien
Brookfield Press Debtors
Inland Revenue
GB News
York Rise Nursery School
Anais Crane and Sam
Hackwood (hall flat 3)
Deidre, Rashid and Soumiya
Rettali (hall flat 1)|**TOTAL FUNDS**
**Unrestricted**
**funds**
**Restricted**
**funds**
**_General_**
**_funds_**
**_Designated funds_**
**2021**
**2020**
Church hall
**£**
**£**
**£**
**£**
**£**
-
-
-
-
-
120
210
-
-
-
210
630
1,608
-
-
-
1,608
1,454
1,000
-
-
-
1,000
-
-
-
5,014
-
5,014
2,107
-
-
488
-
488
152
-
-
450
**-**
450
1,250|
|---|---|
||**2,818**
**-**
**5,952**
**-**
**8,770**
**5,713**|
## **9 CURRENT LIABILITIES**
|**LIABILITIES**||
|---|---|
|British Gas
Sarah Parfitt
Fr Damien Mason
Charles Farris Ltd
David Terry
Hayes & Finch
Nicholson & Co Ltd
New Journal Enterprises
Ben Williams
London Diocesan Fund (fees
due)
Castle Water
London Lease Plan Ltd
QODA|**Unrestricted**
**funds**
**Restricted**
**funds**
**_funds_**
**_Designated funds_**
**2021**
**2020**
Church hall
**£**
**£**
**£**
**£**
**£**
2,519
-
1,058
-
3,577
1,576
-
-
-
200
200
-
874
-
96
232
1,202
631
1,962
-
-
-
1,962
-
955
-
-
-
955
-
302
-
-
-
302
-
535
-
-
-
535
-
150
-
-
-
150
-
-
-
-
-
-
130
-
-
-
-
-
398
-
-
-
-
-
-
-
-
-
-
-
450
-
-
-
-
-
2,880|
||**7,297**
**-**
**1,154**
**432**
**8,883**
**6,065**|
11
**Parochial Church Council of St Mary Brookfield**
**Notes to the Financial Statements For the year ended 31 December 2021**
## **10 ANALYSIS OF NET ASSETS BY FUND**
|Fixed Assets for Church use
Current Assets
Funds on deposit with Central
Board of Finance
Bank deposits
Petty cash
Debtors
Current Liabilities
Net Current Assets
Liabilities falling due after one year
**Fund Balance**|**TOTAL FUNDS**
**Restricted**
**funds**
**_General_**
**_funds_**
**2021**
**2020**
Church Music
Church hall
**£**
**£**
**£**
**£**
**£**
**£**
580,000
-
71,952
-
651,952
654,077
2,227
6,361
54,936
5,679
69,203
69,167
17,906
-
16,407
9,973
44,286
21,221
266
-
-
-
266
2
**_Designated funds_**
**Unrestricted funds**|
|---|---|
||20,399
6,361
71,343
15,652
113,755
90,390
2,818
-
5,952
-
8,770
5,713|
||23,217
6,361
77,295
15,652
122,525
96,103
(7,297)
-
(1,154)
(432)
(8,883)
(6,065)
15,920
6,361
76,141
15,220
113,642
90,038|
||-
-
-
**-**
-
-
595,920
6,361
148,093
15,220
765,594
744,115|
## **11 GRANTS**
The parish of St Mary Brookfield is a beneficiary of annual grants from the St Pancras Church Lands Trust, a Charitable Trust established by Act of Parliament in 1816. This grant may only be used for the maintenance of the church fabric and the maintenance of worship in the parish, and not for general parochial purposes. The amounts received and paid have therefore been included in Restricted Funds in the Statement of Financial Activities. Full details of the funds received from this trust, and payments from that fund are given in the Churchwardens' Account on page 11. The parish also received a grant from the National Lottery Fund Community Fund towards the Wellbeing Community Lunch.
|St Pancras Church Lands Trust
The National Lottery Fund Community Fund
**NCOME**
Brookfield Press
Votive candles
Refreshments
Books and cards
Stay and play
Fee for use of church and churchyard
**Total**|**2021**
**2020**
**£**
**£**
12,000
14,000
9,984
-|
|---|---|
||**21,984**
**14,000**|
||**2021**
**2020**
**£**
**£**
1,090
910
500
225
10
29
19
46
1,595
218
3,375
1,140|
||**6,589**
**2,568**|
## **12 TRADING INCOME**
|**ND LETTING INCOME**
Nursery School rent
Lettings
Flat 1 rent
Flat 2 rent
Flat 3 rent|**2021**
**2020**
**£**
**£**
40,000
40,000
1,705
2,438
21,600
21,400
14,668
18,000
13,633
16,200|
|---|---|
||**91,606**
**98,038**|
## **13 RENTAL AND LETTING INCOME**
12
**Parochial Church Council of St Mary Brookfield**
**Notes to the Financial Statements For the year ended 31 December 2021**
|**ING EVENTS**
Candles for All Souls
Barbeque
Burns' Night
Collection of coins
100 club|**2021**
**2020**
**General funds**
**Restricted**
**fund**
**£**
**£**
**£**
**£**
140
-
140
-
215
-
215
-
-
-
-
456
-
-
-
75
-
-
-
294|
|---|---|
||355
-
**355**
**825**|
## **14 FUND-RAISING EVENTS**
## **15 CHARITABLE GIVING**
## **2021**
The following payments were made to charity during 2021 from restricted funds:
|Highgate Newtown Community Centre (in connection with the well being community lunch)
Save the children
London Diocesan Fund (for work in Mozambique and Angola)
C4WS (for the Cold Weather Shelter)|4,000
55
186
1,000|
|---|---|
||**5,241**|
## **16 2020 COMPARATIVES BY FUND**
|**_INCOME AND ENDOWMENTS_**
_Donations and legacies_
_Other trading activities_
_Investment income_
_Other Income_
**_TOTAL INCOME AND_**
**_ENDOWMENTS_**
**_EXPENDITURE_**
_Costs of raising funds_
_Church activities_
**_TOTAL EXPENDITURE_**
**_NET MOVEMENT IN FUNDS_**|**_Unrestricted_**
**_funds_**
**_Restricted_**
**_funds_**
**_General_**
**_funds_**
**_2020_**
_Church Music_
_Church hall_
**_£_**
**_£_**
**_£_**
**_£_**
**_£_**
_40,444_
_-_
_-_
_16,009_
**_56,453_**
_3,574_
_-_
_103,770_
_531_
**_107,875_**
_6_
_25_
_219_
_55_
**_305_**
_33_
_-_
_-_
_-_
**_33_**
**_Designated funds_**|
|---|---|
||**_44,057_**
**_25_**
**_103,989_**
**_16,595_**
**_164,666_**|
||_900_
_-_
_-_
_-_
**_900_**
_115,683_
_-_
_38,508_
_27,780_
**_181,971_**|
||**_116,583_**
**_-_**
**_38,508_**
**_27,780_**
**_182,871_**|
||**_(72,526)_**
**_25_**
**_65,481_**
**_(11,185)_**
**_(18,205)_**|
13
**Parochial Church Council of ST MARY BROOKFIELD**
**Notes to the Financial Statements For the year ended 31 December 2021**
## **Statement of Financial Activities for Restricted Funds**
|**INCOMING RESOURCES**
_Voluntary Income_
Collections
Gift Aid Small Donations Scheme
Sundry donations
Gift Aid
Income Tax Recoverable
Other donations
Grants
_Activities for generating funds_
Fund raising
Sundry income
_Income from Investments_
Interest on funds with CBF
**Total Incoming Resources**
**Resources expended**
**Charitable activities**
_Charitable giving (see note 15)_
_Cold weather shelter_
_Presentation_
_Professional fees for church wall_
_and extension project_
_Church costs_
Sundry costs related to
community lunch
_Maintenance of fabric_
Church maintenance
Utilities
Insurance
_Maintenance of worship_
Music
Purchase of music
Organists
Crucifix
Upkeep of services
_Depreciation_
**Total resources expended**
**Net incoming (outgoing)**
**resources**
Balances brought forward
**Balances carried forward**|**Elsie Huxley**
**Music Fund**
**Vestments**
**fund and altar**
**frontals**
**Flower Funds**
**and**
**Christmas**
**decorations**
**Church wall**
**and extension**
**fund**
**Cold Weather**
**shelter Fund**
**Charities**
**Funds**
**Computer**
**fund**
**Community**
**Lunch Fund**
**Crucifix Fund**
**Church**
**wardens' fund**
£
£
£
£
£
£
£
-
-
234
-
-
-
-
-
-
-
-
-
-
519
1,550
843
40
102
-
-
1,350
-
130
387
211
10
26
-
-
337
-
-
380
175
19
-
65
-
-
-
-|**Total 2021**
£
234
-
4,404
1,101
639|
|---|---|---|
||649
2,317
1,229
19
50
193
-
-
1,687
-|
6,144|
||649
2,317
1,229
19
284
193
-
-
1,687
-
-
-
-
-
-
-
-
9,984
-
12,000
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
2
-
-
1
-
-
-
-
-
-|
6,378|
|||
21,984
-
-
3|
||651
2,317
1,229
20
284
193
-
9,984
1,687
12,000|**28,365**|
||-
-
-
-
1,000
241
-
4,000
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
999
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-|
5,241
-
-
-
-
999
-
-
-|
||-
-
-
-
-
-
-
-
-
1,045
-
-
-
-
-
-
-
-
12,010
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
1,687
-
-
1,317
-
-
-
-
-
-|
-
13,055
-
-
1,687
1,317|
||1,045
-
1,317
-
-
-
-
-
1,687
12,010
-
-
-
-
-
-
157
-
-
-|
16,059
157|
||**1,045**
**-**
**1,317**
**-**
**1,000**
**241**
**157**
**4,999**
**1,687**
**12,010**|**22,456**|
||**(394)**
**2,317**
**(88)**
**20**
**(716)**
**(48)**
**(157)**
**4,985**
**-**
**(10)**|**5,909**|
||3,657
-
88
2,959
1,961
48
157
-
-
441
**3,263**
**2,317**
**0**
**2,979**
**1,245**
**0**
**-**
**4,985**
**-**
**431**|
9,311
**15,220**|
14
## _**Statement of Financial Activities for Restricted Funds: Comparatives for 2020**_
|**_INCOMING RESOURCES_**
_Voluntary Income_
_Collections_
_Gift Aid Small Donations Scheme_
_Sundry donations_
_Gift Aid_
_Income Tax Recoverable_
_Other donations_
_Grants_
_Activities for generating funds_
_Fund raising_
_Sundry income_
_Income from Investments_
_Interest on funds with CBF_
**_Total Incoming Resources_**
**_Resources expended_**
**_Charitable activities_**
_Charitable giving (see note 15)_
_Cold weather shelter_
_Presentation_
_Professional fees for church wall_
_and extension project_
_Church costs_
_Maintenance of fabric_
_Church maintenance_
_Utilities_
_Insurance_
_Maintenance of worship_
_Music_
_Purchase of music_
_Organists_
_Upkeep of services_
_Depreciation_
**_Total resources expended_**
**_Net incoming (outgoing)_**
**_resources_**
_Balances brought forward_
**_Balances carried forward_**|**_Elsie Huxley_**
**_Music Fund_**
**_Vestments_**
**_fund_**
**_Flower Funds_**
**_and_**
**_Christmas_**
**_decorations_**
**_Church wall_**
**_and_**
**_extension_**
**_fund_**
**_Cold Weather_**
**_shelter Fund_**
**_Charities_**
**_Funds_**
**_Computer_**
**_fund_**
**_Presentation_**
**_Fund_**
**_Church_**
**_wardens'_**
**_fund_**
_£_
_£_
_£_
_£_
_£_
_£_
_£_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_420.00_
_350.00_
_25.00_
_-_
_-_
_-_
_-_
_-_
_105.00_
_87.50_
_6.25_
_-_
_-_
_-_
_-_
_-_
_-_
_98.26_
_33.58_
_481.36_
_152.06_
_-_
_250.00_
_-_|**_Total 2020_**
_£_
_-_
_-_
_795.00_
_198.75_
_1,015.26_|
|---|---|---|
||_-_
_525.00_
_535.76_
_33.58_
_512.61_
_152.06_
_-_
_250.00_
_-_|_2,009.01_|
||_-_
_525.00_
_535.76_
_33.58_
_512.61_
_152.06_
_-_
_250.00_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_14,000.00_
_-_
_-_
_-_
_74.57_
_456.50_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_14.47_
_-_
_-_
_40.29_
_-_
_-_
_-_
_-_|_2,009.01_|
|||_14,000.00_
_531.07_
_-_
_54.76_|
||_14.47_
_525.00_
_535.76_
_108.15_
_1,009.40_
_152.06_
_-_
_250.00_
_14,000.00_|**_16,594.84_**|
||_-_
_-_
_-_
_-_
_-_
_152.06_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_953.53_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_250.00_
_-_
_11,039.66_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_-_|_152.06_
_953.53_
_250.00_
_11,039.66_
_-_
_-_
_-_
_-_|
||_-_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_11,230.00_
_529.18_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_555.05_
_448.26_
_-_
_-_
_-_
_-_
_-_
_2,340.66_|_-_
_11,230.00_
_529.18_
_-_
_3,343.97_|
||_529.18_
_555.05_
_448.26_
_-_
_-_
_-_
_-_
_-_
_13,570.66_
_-_
_-_
_-_
_-_
_-_
_-_
_281.10_
_-_
_-_|_15,103.15_
_281.10_|
||**_529.18_**
**_555.05_**
**_448.26_**
**_11,039.66_**
**_953.53_**
**_152.06_**
**_281.10_**
**_250.00_**
**_13,570.66_**|**_27,779.50_**|
||**_(514.71)_**
**_(30.05)_**
**_87.50_**
**_(10,931.51)_**
**_55.87_**
**_-_**
**_(281.10)_**
**_-_**
**_429.34_**|**_(11,184.66)_**|
||_4,170.80_
_30.05_
_-_
_13,891.85_
_1,906.25_
_48.00_
_437.80_
_-_
_12.34_
**_3,656.09_**
**_0.00_**
**_87.50_**
**_2,960.34_**
**_1,962.12_**
**_48.00_**
**_156.70_**
**_-_**
**_441.68_**|_20,497.09_
**_9,312.43_**|
15