## **ECCLESIASTICAL PARISH OF ST MARY BROOKFIELD** ## **FINANCIAL STATEMENTS** ## **OF** **THE PAROCHIAL CHURCH COUNCIL REGISTERED CHARITY NO. 1136821** **FOR THE YEAR ENDED 31 DECEMBER 2023** **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** faith into practice through word and sacrament. ## _**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 2023 until the date of this report are: ## _Incumbent:_ Fr Damien Mason (Chair) _Wardens:_ Ian MacGregor Noel Casey _Representatives on the Deanery Synod_ Oliver Butt (PCC Secretary) Nicola Pittam (Treasurer) ## _Elected Members_ Nicholas Bethune (Vice Chair) Peter Dann William Johnson Lydia Kember Marie Papworth ## _**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 7 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 congregation. ## _**Aim and Purposes**_ The Parochial Church Council (PCC) of the Parish of St Mary Brookfield, has the responsibility of cooperating with the incumbent, Fr Damien Mason, in promoting the Christian faith and the whole ministry of the Church, pastoral, evangelistic, social and ecumenical. 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 Mary’s and to become part of our community. Our services put When planning our activities for the year, we have considered the Charity Commission’s guidance on public benefit and, in particular, the supplementary guidance on charities for the advancement of religion. Our vision is: - to see those in our pastoral cure come to worship God, Father, Son, and Holy Spirit, through regular attendance at Mass and other public worship, and through daily personal prayer; - to build and nurture a strong and attractive Christian community whose values are shaped by the teaching of the Lord Jesus Christ; - for all members of our church to grow in their Christian faith and discipleship through study of the Bible, with preaching and teaching based on Catholic doctrine and practice; - Reaching out to the wider community and partnering with local organisations; - to offer teaching and care for children and young people and to encourage them to be brought up in the faith with opportunities to explore matters of faith and participate in the life of the Church. ## _**Achievements and performance**_ ## _Electoral Roll_ There are 91 names entered on the Roll. ## _Review of the year_ In 2023 we continued with the work and mission of the parish in the objectives set out above. We have continued to grow and achieve much throughout the year. Our Mission Action Plan _Vision 2025_ reminds us that we are focused and 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 continues to remain 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 2023 was 48, and 10 children. There were 94 communicants on Easter Day and 168 people in attendance on Easter Day and at the Easter Vigil. Christmas communicants numbered 191 with a total of 487 worshipping on Christmas Eve and Christmas Day. We have continued to see numerical growth over the past year. Several new and active members 1 have joined the community including more families. The main festivals of Christmas and Easter continue to attract people within the parish to worship. The significant services in 2023 were a Mass of Thanksgiving for the Coronation of the King and Queen. All Souls’ Day, Remembrance Sunday, and the Advent Carol Service and Crib Service have grown in popularity. Music is important to us at St Mary’s. Sundays and major solemnities and feasts throughout the year are celebrated and marked appropriately with our wonderful music. Mr David Terry, (Organist & Director of Music) and choir maintain high standards, appropriately supporting the liturgy and provide confidence and continuity. New altar servers and more children in the Sunday School have been extremely encouraging and we look forward to continued growth in these areas of church life. ##  **Discipleship & Faith** There were 6 Confirmations and 6 Baptisms in 2023. 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. Our main study group in 2023 was in Lent _This is My Body_ . _Pub Sunday_ is a regular monthly meeting for fellowship following Sunday Mass. We regularly have between 10-20 people attend. Our main focus of teaching is the preaching ministry on Sundays. We increasingly see people who are new to faith or who have never encountered the kind of religion we offer at St Mary’s. Communication in the parish is maintained via the weekly parish email newsletter. Additional teaching material is provided within the newsletter. There are around five people who receive Holy Communion at home and are visited regularly. ##  **Young People** Our Sunday provision for children has continued in 2023. We regularly see between 10 and 15 children every Sunday and have a growing number of children and young people who worship at St Mary’s. 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. The Vicar is a Governor of Brookfield Primary School and is in regular contact with that community. Also, a major development this past year has been the extension of the catchment area for St Michael’s Church of England Primary School to include our parish boundary and church. ##  **Transforming Community** Our weekday _Wellbeing Café_ runs three days a week seeing around 40-50 people at each lunch. _All Aboard: stay & play_ for under 5’s runs four days a week during school term-time and we see over 100 children over the course of the week. This is proven to be a great way to intereact with local people tackling various kinds of need and breaks down barriers. Both outreach projects continue to be run in partnership with Highgate Newtown Community Partners (HNCP), a relationship that continues to be fruitful and an effective way of working with our local community. We also host 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. For the first time in January 2023 we held the Winter Shelter in church. Our changes to the lavatories and other repairs and alterations enabled us to use the church creatively to host 16 homeless guests from January to April one night per week. ##  **Transforming our Building** Building plans have continued at a slower pace than we had hoped. Partly, general running of the parish has lead to a focusing on building up the congregation and smaller repairs to the fabric of the church. We received very good advice and support from the Diocese when we responded to the DAC after their visit to us. Several churches in the Camden Deanery have been part of a review of churches on the Heritage at Risk Register, we await the published report. We continued with our programme of restoration and renewal of the ornaments and fabric of the church. New altar frontals were purchased, the frontal chest restored, floor cleaned and polished, small repairs to movable furniture and fittings, and the building and grounds cared for throughout the year. The hall continues to be a major source of income for the parish. This income allows us to fund much of our work at St Mary’s. ## _**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 2 srill meet and if possible increase payments to the Common Fund of the Diwes¢. rhe church is dependent on the ￿nIS received Irom the church hall. Now the hall is subje¢l to a 15 year lease. w¢ have greater in¢ome stability, but if one or more of ihe flais are left va¢anr for a signilicant period af time. or if the hall tellant (Ihe Wildwood Nature SchnDI) fails, the church's in¢ome would bc severely affecied. and we have so far been successful in minimizing vacan¢ies in the ha]1 experience. The level of re%erve$ is reviewed annually. Flllaftciid review Planned bTiving received during 2023 increased by 220/0 on the previous year, Total voluntary income increased by 17.4/0 and total income increased by 16.3 /0. £242,871 (9022.. £234,867) was spent during thc year, inLluding the conti'ibution ot£70.000 {2022.. £60.000} io the diocesan Lornmon Fund. The net r¢suli ltsrthe year was a sui'plus ot £15.28212022.. a loss of £12.9781. The PCC ha5 agreed to the diocese's request that ommon I'und contribution5 toi. 2024 should. if possible. be inL Twased. Accordingly, the parish will Lontribute £80.000 to the Co￿77)0￿ Fund for 2024. Concerning statulory and legal requirements. the church eontinued to IT15u￿ wilh E¢¢lesiastieal Insurers which provide5 cover for the most significani high impact risk5 identified by the pcc. The PCC also continually monitor5 the condition of our buildingis to ensure that all users of both thc church and th¢ hall remain at miniThl risk. Plunsforfulure periods We have recognized over the past live years a marked dirterence in parish finances and resources. Thankful for all thai Gcxl is doing amongsl us. we continue to pray that We See a For the past few years we have started to make decent progress in our wish to become a centTe for our parish and cnmmuniry. l am Confident ihat we will continue to develop and grow in the ye8r ahead. The process of identifying the major risks to which the church i5 exposed, as identified by the PCC. continues. I'he PCC is comtnitted to coniinuing this review of risks identified. and to making sure that the systems established to tnitigate those risks are iinproved, where neLessary. Safegufirdlng St Mary's takes safeguarding seriously in the context of our I￿ller thal we are all unique, valued, and made in God'5 image. We have forinally adopted our own safeguarding policy in linc with that of ihe Di()cese of London and the nationol chuwh. l.ydia Kember is our Children's champion. Marie Papworth was appoinied Church Safeguarding Officer at the APCM in 20?3. FR DAMIEN MASON Reservef policy At the end of the year. the PCC had cash reserves of £151.430 {2022-. £105,399). of which £7.166 {2021.. £14.76J) We￿ held on restri¢ted funds 8nd not available for general purpoges of the charity. The church requires significani reserves to ensure that it 18 2blc to finan¢e any maintenan¢e required to the Church and church hall buildings and to meet its li2bilitle5 as they fall due. Thc chureh ha￿ sutrieient funds in the Church Hall fund.. £126.7738212022.. £75,382)) to cover mainienance needs and other liabilities. addition. the PCC holds ¢ash reserves on the general fund- £10.750 at 31 December 2023 {£8,8Q9 at 31 December 2022)} as a safeguard rr Damien Mason ag3inst unforescen cxpenditure needs. It can call on the church hall account whert ihis is insu￿1cle￿t. The leyel of the reserve5 is decided by refe￿nce both io identifjed building and maintenance requirements, and to the Pcc'b Independent Ex#mlner'i Report to the PCC of St M*ry's Brookfield I rwt on the accounts of the pcc for the year er￿ed 31 Decmber 2023, which are set out on pages 6 - 15, following an examination ¢arried out in accordance with $e£tion 145 of the Charities Act 2011 {'Ihe Acw). Re4)tttlve respoDslbllldos •f trwrte 8*d examlDer members of the PCC. you are responsiljle for the preparation of the accounts. Y(yu consider that an audit is n( required for this year under section 14412) of th¢ Act and that ao illdepramlent examination is neede4L It is my respM)nsil)ility to: believe that in any material respect the to keep acrK)unting T￿OrdS Éu cordanL% with section 130 of the A¢ and rd with the accAwntin8 records and comply with the requirements of the ACL have not meL or to whic& in my opitiioty attention should be drnwn in order to etublc proptt understanding of the accounts to b¢ rcache4L (2) 145 of the ACL. . to folknv the laiddown in the generdl DirectioL5 giv¢n by the Clwity Commission under sectiOD 145(5Xb) of the A¢L and 104 stockl￿1d8e Road Chichester West s￿eX P019 8QP bave come to my atlentio Ba￿ ofindependeDt ￿￿￿ller'S rqjort My ¢xaminatiOD was caTried out in aco)rdance with the General Directions givett by the Clwity Commi￿10n. examin*ion includes a review of d accounting rccords kcpt by the PCC and a comparison of the accounts presented with those r￿rds. It also includes considering any Un￿sUal items or disclosures in the acLounts and seeking explanations from you as trustees conr2rning any suth matters. The procedurcs widertaken do not provide all the evidence that would be required in an audiL and ￿nSequentlY no opinion is expressed as to whether the aC￿llnts pr￿n1 'a tn￿ and fair view. and th¢ rq)ort is limiied ￿ those matters set out in the statement below. Indwndent exAmlmer'$ italement In connection with rny examinati(44 no matter has come io rny attention: (l) which gives me reasonable to **Parochial Church Council of St Mary Brookfield** ## **STATEMENT OF FINANCIAL ACTIVITIES** ## **For the year ending 31 December 2023** |**Notes**|**Unrestricted**
**Funds**
**Restricted**
**Funds**
Music
Memorial fund
Church Hall
Fund
**Designated Funds**|**2023**
**2022**
**TOTAL FUNDS**| |---|---|---| |INCOME
_Donations and legacies_
_3(a)_
_Trading activities_
_3(b)_
_Investment income_
_3(c)_
_Church activities_
_3(d)_
_Other income_
_3(e)_|**£**
**£**
**£**
**£**
**£**
**£**
81,948
-
-
23,576
**105,524**
89,864
9,575
-
135,499
2,601
**147,675**
129,992
140
296
2,554
227
**3,217**
911
1,737
**-**
**-**
**-**
**1,737**
1,122
-
-
-
-
**-**
-|| |**TOTAL INCOMING RESOURCES**|**93,400**
**296**
**138,053**
**26,404**
**258,153**
**221,889**|| |EXPENDITURE
_Costs of raising funds_
_4(a)_
_Church activities_
_4(b)_|3,392
-
-
-
**3,392**
1,677
183,533
-
21,723
34,223
**239,479**
233,190|| |**TOTAL EXPENDITURE**|**(186,925)**
**-**
**(21,723)**
**(34,223)**
**(242,871)**
**(234,867)**|| |||| |**NET MOVEMENT IN FUNDS**|**(93,525)**
**296**
**116,330**
**(7,819)**
**15,282**
**(12,978)**|| |TRANSFER OF FUNDS
**RECONCILIATION OF FUNDS**
BALANCES BROUGHT FORWARD AT
1 JANUARY 2021|90,000
(90,000)
584,076
6,445
147,035
15,060
752,616
765,594|| |**BALANCES CARRIED FORWARD AT**|**580,551**
**6,741**
**173,365**
**7,241**
**767,898**
**752,616**|| |**31 DECEMBER 2021**||| |The notes on pages 6 - 12 form part of these accounts.||| 5 Parochial Church Council of St Mary Brookflèld BALANCE SHEET At 31 D•cembor 2023 2023 2022 FIXED ASSETS Tangible fLX8d assets 654,648 658.189 CURRENT ASSETS Deblofs 6,485 3,613 C$ntr81 Board of Finance deposits 73,331 70,113 Cash at bank and in hand 78,099 35.286 157,915 109,012 LIABILITies: AMOUNTS FALLING DUE WITHIN ONE YEAR 144,6651 114,5851 Ngt eurrent ass•ts 113,250 94,427 Totsl assets less current liabtlitits 767,898 752,616 TOTAL NET AsS￿s 767.898 752,616 FUNDS Unrgstncted.. General funds Music Memorial Fund Church hall designated fund 580,551, 6,741 173,365 4,076 6,445 147.035 760.657 737,556 Restricted funds 7,241 15.060 767,898 752,616 and signod on its bèhalf by.. Noel Casey KC Ichurchwardenl lan MacGregor Ichurchwardenl /V. PL Ms Nicola Pittam (Treasurer) The notes on pages 9- 15 lom part of thèse accounts. ## **Parochial Church Council of St Mary Brookfield** ## **Notes to the Financial Statements For the year ended 31 December 2023** ## **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 Vestments and Altar Frontals Fund, for the purchase of vestments and altar frontals, the flower fund, for the purchase of flowers and Christmas decorations, the Church Wall and extension fund, for donations to the cost of extending the church and repairing the church walls, the Cold Weather Shelter fund, for donations towards the church’s expenses as a participant in the Camden Churches Cold Weather Scheme, a fund for donations to charities, an Energy Fund, for utilities costs and a Carpet fund, for the purchase of a rug for the sanctuary. 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 fundraising 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. 7 **Parochial Church Council of St Mary Brookfield** ## **Notes to the Financial Statements For the year ended 31 December 2023** ## **INCOMING RESOURCES** ||||||||| |---|---|---|---|---|---|---|---| |**3**|**INCOMING RESOURCES**||||||| ||||||||**TOTAL FUNDS**| |||**Unrestricted**|||**Restricted**||| |||**funds**|||**funds**||| |||**_General_**|**_Designated funds_**||||| |||**_funds_**||||**2023**|**2022**| ||||Church music|Church hall|||| |||**£**|**£**|**£**|**£**|**£**|**£**| ||**Incoming resources from generated funds**||||||| |**3(a)**|_Voluntary Income_||||||| ||Planned giving:||||||| ||Gift Aid Donations|29,560|-|-|-|29,560|23,960| ||Income tax recoverable|7,390|-|-|-|7,390|5,985| ||Other planned giving|845|-|-|-|845|882| |||37,795|-|-|-|**37,795**|30,827| ||Collections|3,964|-|-|1,360|**5,324**|5,326| ||Gift Aid Small Donations Scheme|1,857|-|-|340|**2,197**|1,725| ||Sundry donations||||||| ||Gift Aid|3,642|-|-|4,658|8,300|23,676| ||Income tax recoverable|911|-|-|1,164|2,075|5,924| ||Other donations|28,979|-|-|1,054|30,033|5,745| |||33,532|-|-|6,876|**40,408**|35,345| ||Grants (see further note 11)|4,800|-|-|15,000|19,800|16,641| ||Legacy|-|-|-|-|-|-| |||**81,948**|**-**|**-**|**23,576**|**105,524**|**89,864**| |**3(b)**|_Activities for generating funds_||||||| ||Trading income (see further note 12)|6,480|-|-|-|6,480|13,929| ||Rental and letting income (see note 13)|-|-|130,422|-|130,422|107,315| ||Fund-raising activities (see note 14)|3,093|-|-|2,601|5,694|2,154| ||Sundry income||||||| ||Miscellaneous|2|-|-|-|2|2,428| ||Utilities payments and service charge|-|-|5,077|-|5,077|4,166| |||**9,575**|**-**|**135,499**|**2,601**|**147,675**|**129,992**| |**3(c)**|_Income from investments_||||||| ||Interest on funds with Central Board of|140|296|2,554|227|3,217|910| ||Finance||||||| ||Interest from Inland Revenue|-|-|-|-|-|-| |||**140**|**296**|**2,554**|**227**|**3,217**|**910**| |**3(d)**|**Incoming resources from charitable activities**||||||| ||Bible Reading Fellowship notes|-|-|-|-|-|30| ||Fees|1,737|-|-|-|1,737|1,092| |||**1,737**|**-**|**-**|**-**|**1,737**|**1,122**| |**3(e)**|**Other ordinary incoming resources**||||||| ||Insurance claims|-|-|-|-|**-**|**-**| ||**TOTAL INCOMING RESOURCES**|**93,400**|**296**|**138,053**|**26,404**|**258,153**|**221,888**| 8 **Parochial Church Council of St Mary Brookfield** **Notes to the Financial Statements For the year ended 31 December 2023** |||||||**TOTAL FUNDS**|| |---|---|---|---|---|---|---|---| |||**Unrestricted**|||**Restricted**||| |||**funds**|||**funds**||| |||**_General_**
**_funds_**|**_Designated funds_**|||**2023**|**2022**| ||||Church music|Church hall|||| |||**£**|**£**|**£**|**£**|**£**|**£**| |**4**|**EXPENDITURE**||||||| ||**Costs of generating funds**||||||| |**4(a)**|**_Costs of raising funds_**||||||| ||Costs of stewardship|-|-|-|-|-|19| ||Costs of fundraising|2,444|-|-|-|2,444|952| ||Advertising|948|-|-|-|948|705| |||3,392|-|-|-|3,392|1,677| |**4(b)**|**_Church activities_**||||||| ||Charitable giving (see note 15)|50|-|-|10|60|490| ||Ministry||||||| ||Diocesan Fund|70,000|-|-|-|70,000|60,000| ||Clergy expenses|1,142|-|-|-|1,142|798| ||Vicarage telephone|1,154|-|-|-|1,154|1,030| ||Hospitality|3,109|-|-|-|3,109|1,980| ||Cold Weather Shelter|-|-|-|3,932|3,932|69| ||Study material|142|-|-|-|142|394| ||Ministry to children|829|-|-|-|829|818| ||Website|361|-|-|-|361|250| ||Sundry costs|6,611|-|-|1,875|8,486|4,320| ||Computer equipment and software|254|-|-|-|254|460| ||office supplies|872|-|-|-|872|722| ||Presentation|541|-|-|-|541|304| ||Printing|1,816|-|-|210|2,026|2,521| |||86,831|-|-|6,017|92,848|73,664| ||Vicarage costs||||||| ||Vicarage maintenance|976|-|-|-|976|445| ||Vicarage utilities|349|-|-|-|349|312| |||1,325|-|-|-|1,325|758| ||Church and Hall costs||||||| ||Maintenance|21,575|-|5,928|-|27,503|23,610| ||utilities|9,202|-|4,201|9,041|22,444|22,646| ||Insurance|7,542|-|3,218|-|10,760|9,882| ||Major works|-|-|-|-|-|23,658| ||Professional fees re proposed major||||||| ||works|-|-|-|2,127|2,127|473| ||Professional fees|-|-|3,718|-|3,718|11,304| ||Church and hall manager's costs|13,386|-|-|432|13,818|12,381| ||Church and hall legal and admin cos|807|-|2,815|-|3,622|2,691| |||52,512|-|19,880|11,600|83,992|106,647| ||Upkeep of services||||||| ||Music costs|11,906|-|-|12,750|24,656|22,463| ||Organists|9,150|-|-|-|9,150|8,080| ||Repair & refurbishment of candles et|-|-|-|-|-|5,386| ||Purchase of altar frontals and|12,043|-|-|2,797|14,840|3,540| ||vestments||||||| ||Other service costs|7,218|-|-|1,049|8,267|6,826| |||40,317|-|-|16,596|56,913|46,295| ||Movable furnishings and equipment||||||| ||Depreciation|1,698|-|1,843|-|3,541|4,537| |||**1,698**|**-**|**1,843**|**-**|3,541|4,537| ||Governance costs||||||| ||Independent examination|800|**-**|**-**|**-**|800|800| ||Total expenditure on charitable activities|**183,533**|**-**|**21,723**|**34,223**|**239,479**|**233,190**| ||**TOTAL RESOURCES EXPENDED**|**186,925**|**-**|**21,723**|**34,223**|**242,871**|**234,867**| ## **5 STAFF COSTS/PCC EXPENSES** During the year the PCC employed a Church Manager and engaged the services of organists. Neither received £50,000 p.a. or more for their services. The church manager was paid £13,185 for his services, and £633 was contributed to his pension. The organists were paid £9,040 for their services. During the year the vicar was reimbursed travelling and administrative expenses of £1,142. ## **6 RELATED PARTY TRANSACTIONS** During the year £21,582 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. � **Parochial Church Council of St Mary Brookfield** **Notes to the Financial Statements For the year ended 31 December 2023** ## **7 FIXED ASSETS FOR USE BY THE PCC** ## **TOTAL ASSETS** |Tangible fixed assets
**Actual / Deemed Cost**
At 1 January 2023
Correction
Additions
At 31 December 2023
**Depreciation**
At 1 January 2023
Charge for the year
At 31 December 2023
**Net Book Value**
At 31 December 2022
At 31 December 2023|**Freehold land**
**and buildings**
**Fixtures and**
**Fittings**
**Other church**
**equipment**
**2023**
**£**
**£**
**£**
**£**
643,196
27,654
18,603
689,453
-
-
-
-
-
-
-
-| |---|---| ||643,196
27,654
18,603
689,453
-
20,742
10,522
31,264
-
1,843
1,698
3,541| ||-
22,585
12,220
34,805
643,196
6,912
8,081
658,189
643,196
5,069
6,383
654,648| 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). New church equipment, acquired in 2022 consisted of a laptop computer (£1,478.95), a dishwasher (£2,724) and a defibrillator (£1,258.79) ## **8 DEBTORS** |Brookfield Press Debtors
HM Revenue & Customs
Wildwood Nature School Ltd
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_**
**2023**
**2022**
Church hall
**£**
**£**
**£**
**£**
**£**
-
-
-
-
-
400
2,041
-
-
1,022
3,063
1,238
-
-
722
-
722
1,667
-
-
-
-
-
308
-
-
2,700
**-**
2,700
-| |---|---| ||**2,041**
**-**
**3,422**
**1,022**
**6,485**
**3,613**| ## **9 CURRENT LIABILITIES** |Castle Water
British Gas
E-on
Sarah Parfitt
Fr Damien Mason
Charles Farris Ltd
David Terry
Dee Retali
Nicholson & Co Ltd
London Diocesan Fund
Carden & Godfrey
Jarek Padlo
Anna Golitzin
Richard Luzar (Vestments)
Canon UK Ltd
Wildwood Nature School Ltd
Nicola Pittam
Michael Gillard Audio Visual|**Unrestricted**
**funds**
**Restricted**
**funds**
**_funds_**
**_Designated funds_**
**2023**
**2022**
Church hall
**£**
**£**
**£**
**£**
**£**
-
-
154
-
154
-
3,179
-
317
947
4,443
4,017
-
-
684
-
684
-
-
-
-
-
700
385
-
-
-
385
370
42
-
-
-
42
1,720
1,300
-
-
-
1,300
950
-
-
-
-
-
150
610
-
-
-
610
10
1,585
-
-
-
1,585
448
2,127
-
-
-
2,127
-
1,440
-
5,190
-
6,630
-
60
60
-
6,975
-
-
-
6,975
-
-
-
-
-
-
5,313
-
-
18,750
-
18,750
-
40
-
-
-
40
-
880
-
-
-
880
-| |---|---| ||**18,623**
**-**
**25,095**
**947**
**44,665**
**13,677**
��| **Parochial Church Council of St Mary Brookfield** **Notes to the Financial Statements For the year ended 31 December 2023** ## **10 ANALYSIS OF NET ASSETS BY FUND** |**YSIS 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_**
**2023**
**2022**
Church Music
Church hall
**£**
**£**
**£**
**£**
**£**
**£**
586,383
-
68,265
-
654,648
658,189

3,198
6,741
58,212
5,180
73,331
70,113
7,552
-
68,561
1,986
78,099
35,186
-
-
-
-
-
100
**_Designated funds_**
**Unrestricted funds**| ||10,750
6,741
126,773
7,166
151,430
105,399
2,041
-
3,422
1,022
6,485
3,613| ||12,791
6,741
130,195
8,188
157,915
109,012
(18,623)
-
(25,095)
(947)
(44,665)
(14,585)
(5,832)
6,741
105,100
7,241
113,250
94,427| ||-
-
-
**-**
-
-
580,551
6,741
173,365
7,241
767,898
752,616| ## **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 grants from the Highgate Newtown Commmunity Centre and the diocese of London, in each case towards energy costs. |St Pancras Church Lands Trust
MIND Camden
Benefact Trust
The National Lottery Fund Community Fund
The Highgate Newtown Community Centre: grant
London Diocese|**Unrestricted**
**funds**
**Restricted**
**funds**
**2023**
**2022**
**£**
**£**
-
12,000
12,000
12,000
3,000
-
3,000
-
1,800
-
1,800
-
-
-
-
-
-
3,000
3,000
2,000
-
-
-
2,641| |---|---| ||**4,800**
**15,000**
**19,800**
**16,641**| |**NCOME**
Brookfield Press
Votive candles
Refreshments
Stay and play
MIND Camden
Fee for use of church and churchyard
**Total**|**2023**
**2022**
**£**
**£**
1,430
2,120
501
365
19
27
-
2,230
-
2,740
4,530
6,448| |---|---| ||**6,480**
**13,929**| ## **12 TRADING INCOME** |**ND LETTING INCOME**
Nursery School rent
Wildwood Nature School Ltd
Lettings
Flat 1 rent
Flat 2 rent
Flat 3 rent|**2023**
**2022**
**£**
**£**
-
23,118
75,000
26,147
-
2,090
19,449
21,600
19,303
17,880
16,670
16,480| |---|---| ||**130,422**
**107,315**| **13 RENTAL AND LETTING INCOME** 1 � **Parochial Church Council of St Mary Brookfield** **Notes to the Financial Statements For the year ended 31 December 2023** |**SING**
Candles for All Souls
Barbeque
Wine tasting
Just giving donations to Cold Weather Shelter
100 club|**2023**
**2022**
**General funds**
**Restricted**
**fund**
**£**
**£**
**£**
**£**
195
-
195
210
950
-
950
-
800
-
800
-
-
2,601
2,601
-
1,148
-
1,148
1,130| |---|---| ||3,093
2,601
**5,694**
**1,340**| ## **14 FUND-RAISING** ## **15 CHARITABLE GIVING** |payments were made to charity during 2023
Walsingham College Association Trust
The Children's Society|**2023**
**General funds**
**Restricted**
**fund**
50
-
50
-
10
10| |---|---| ||50
10
**60**| The following payments were made to charity during 2023 ## **16 2022 COMPARATIVES BY FUND** |**_INCOME AND ENDOWMENTS_**
_Donations and legacies_
_Other trading activities_
_Investment income_
_Church activities_
**_TOTAL INCOME AND_**
**_ENDOWMENTS_**
**_EXPENDITURE_**
_Costs of raising funds_
_Church activities_
**_TOTAL EXPENDITURE_**
**_NET MOVEMENT IN FUNDS_**|**_Unrestricted_**
**_funds_**
**_Restricted_**
**_funds_**
**_General_**
**_funds_**
**_2022_**
_Church Music_
_Church hall_
**_£_**
**_£_**
**_£_**
**_£_**
**_£_**
_68,261_
_-_
_-_
_21,603_
**_89,864_**
_15,579_
_-_
_113,599_
_814_
**_129,992_**
_29_
_84_
_723_
_75_
**_911_**
_1,122_
_-_
_-_
_-_
**_1,122_**
**_Designated funds_**| |---|---| ||**_84,991_**
**_84_**
**_114,322_**
**_22,492_**
**_221,889_**| ||_1,677_
_-_
_-_
_-_
**_1,677_**
_175,158_
_-_
_35,380_
_22,652_
**_233,190_**| ||**_176,835_**
**_-_**
**_35,380_**
**_22,652_**
**_234,867_**| ||**_(91,844)_**
**_84_**
**_78,942_**
**_(160)_**
**_(12,978)_**| 1 � **Parochial Church Council of ST MARY BROOKFIELD** **Notes to the Financial Statements For the year ended 31 December 2023** ## **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**
_Church of England Children Society_
_Cold weather shelter_
_Purchase of persian rug_
_contribution to printing_
_Professional fees for church wall_
_and extension project_
_Church costs_
_Maintenance of fabric_
Church maintenance
Utilities
Insurance
Church manager's costs
_Maintenance of worship_
Music
Purchase of altar frontals
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**
**Energy Fund**
**Carpet Fund**
**Church**
**wardens'**
**fund**
£
£
£
£
£
£
£
£
£
-
-
-
-
1,360
-
-
-
-
-
-
-
340
-
-
-
-
-
2,238
640
-
280
-
-
1,500
-
-
559
160
-
70
-
-
375
-
-
-
143
-
901
10
-
-
-|**Total 2023**
£

1,360

340

4,658

1,164

1,054| |---|---|---| ||-
2,797
943
-
1,251
10
-
1,875
-|
6,876| ||-
2,797
943
-
2,951
10
-
1,875
-
-
-
-
-
-
-
3,000
-
12,000
-
-
-
-
2,601
-
-
-
-
-
-
-
-
-
-
-
-
-
92
-
-
135
-
-
-
-
-|
8,576| |||
15,000

2,601

-

227| ||92
2,797
943
135
5,552
10
3,000
1,875
12,000|**26,404**| ||-
-
-
-
-
10
-
-
-
-
-
-
-
3,932
-
-
-
-
-
-
-
-
-
-
-
1,875
-
-
-
-
-
210
-
-
-
-
-
-
-
2,127
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
1,400
-
7,641
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
432
-
-
-
-|
10

3,932

1,875

210

2,127
-

-

9,041

-

432| ||-
-
-
-
1,832
-
7,641
-
-
680
-
-
-
-
-
-
-
12,070
-
-
-
-
-
-
-
-
-
-
2,797
-
-
-
-
-
-
-
-
-
1,049
-
-
-
-
-
-|
9,473

12,750

-

2,797

1,049| ||680
2,797
1,049
-
-
-
-
-
12,070
-
-
-
-
-
-
-
-
-|
16,596

-| ||**680**
**2,797**
**1,049**
**2,127**
**5,974**
**10**
**7,641**
**1,875**
**12,070**|**34,223**| ||**(588)**
**-**
**(106)**
**(1,992)**
**(422)**
**-**
**(4,641)**
**-**
**(70)**|**(7,819)**| ||2,499
-
195
3,018
4,636
-
4,641
-
71
**1,911**
**-**
**89**
**1,026**
**4,214**
**-**
**-**
**-**
**1**|
15,060

**7,241**| 1 � ## _**Statement of Financial Activities for Restricted Funds: Comparatives for 2022**_ |**_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_**
**_Energy Fund_**
**_Community_**
**_Lunch Fund_**
**_Church_**
**_wardens'_**
**_fund_**
_£_
_£_
_£_
_£_
_£_
_£_
_£_
_£_
_£_
_-_
_-_
_124_
_-_
_1,114_
_344_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_212_
_-_
_-_
_-_
_-_
_-_
_10_
_820_
_-_
_475_
_-_
_-_
_-_
_-_
_-_
_2_
_205_
_-_
_119_
_-_
_-_
_-_
_-_
_-_
_-_
_715_
_-_
_726_
_96_
_-_
_-_
_-_|**_Total 2022_**
_£_
_1,582_
_212_
_1,305_
_326_
_1,537_| |---|---|---| ||_-_
_12_
_1,740_
_-_
_1,320_
_96_
_-_
_-_
_-_|_3,168_| ||_-_
_12_
_1,864_
_-_
_2,646_
_440_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_4,641_
_12,000_
_-_
_-_
_-_
_-_
_814_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_36_
_-_
_-_
_39_
_-_
_-_
_-_
_-_
_-_|_4,962_| |||_16,641_
_814_
_-_
_75_| ||_36_
_12_
_1,864_
_39_
_3,460_
_440_
_4,641_
_-_
_12,000_|**_22,492_**| ||_-_
_-_
_-_
_-_
_-_
_440_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_69_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_898_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_576_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_3,511_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_-_|_440_
_69_
_898_
_576_
_3,511_| ||_-_
_-_
_-_
_-_
_-_
_-_
_-_
_4,087_
_-_
_800_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_12,360_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_2,329_
_1,669_
_-_
_-_
_-_
_-_
_-_
_-_|_4,087_
_13,160_
_3,998_| ||_800_
_2,329_
_1,669_
_-_
_-_
_-_
_-_
_-_
_12,360_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_-_
_-_|_17,158_| ||**_800_**
**_2,329_**
**_1,669_**
**_-_**
**_69_**
**_440_**
**_-_**
**_4,985_**
**_12,360_**|**_22,652_**| ||**_(764)_**
**_(2,317)_**
**_195_**
**_39_**
**_3,391_**
**_(0)_**
**_4,641_**
**_(4,985)_**
**_(360)_**|**_(160)_**| ||_3,263_
_2,317_
_-_
_2,979_
_1,245_
_-_
_-_
_4,985_
_431_
**_2,499_**
**_-_**
**_195_**
**_3,018_**
**_4,636_**
**_(0)_**
**_4,641_**
**_-_**
**_71_**|_15,220_
**_15,060_**| 1 �