## **ECCLESIASTICAL PARISH OF ST MARY BROOKFIELD**
## **FINANCIAL STATEMENTS**
## **OF**
**THE PAROCHIAL CHURCH COUNCIL REGISTERED CHARITY NO. 1136821**
## **FOR THE YEAR ENDED 31 DECEMBER 2024**
**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 2024 until the end of 2024 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 Charlotte Humble (from 3[rd] March 2024) William Johnson Lydia Kember Tom Moore (from 3[rd] March 2024) 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 8 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 faith into practice through word and sacrament.
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 93 names entered on the Roll.
## _Review of the year_
In 2024, we continued the work and mission of the parish, making progress on the goals outlined above. Throughout the year, we experienced growth and achieved significant milestones. Our Mission Action Plan _Vision 2025_ continues to keep us focused on renewing the life of our congregation and parish. Below are the five key areas of transformation and growth highlighted in our Mission Action Plan:
## **Worship**
Worship remains at the heart of our parish life, both on Sundays and weekdays. We hold one Solemn Mass on Sundays and a Low Mass on most weekdays with Solemnities and other festivals appropriately marked. In 2024, our average adult attendance on Sundays was 53, with 12 children. On Easter Day, we had 88 communicants, and 166 people attended over the Easter Vigil and Easter Day Masses. On Christmas Eve and Christmas Day, there were 136 communicants and a total of 487 worshippers. We have experienced steady
2
growth, with several new and active members joining the community. Major festivals like Christmas and Easter continue to draw people to worship within the parish.
Significant services in 2024 included the keeping of a full Holy Week and Easter, the Patronal Festival (Birthday of the Blessed Virgin Mary), All Souls’ Day, Remembrance Sunday, the Advent Carol Service, and the Crib Service.
Music plays a vital role at St. Mary’s, with Sundays and key feasts celebrated with beautiful music. Mr. David Terry, our Organist and Director of Music, and the choir maintain high standards, providing strong support for the liturgy and ensuring continuity.
Our Sunday School continues to offer excellent programs for our young people, contributing to the growth and stability of families attending St Mary’s. During term-time, we regularly have over 15 children in church on Sundays. Our connections with local schools are also valuable in fostering these relationships.
## **Discipleship & Faith**
In 2024, there were 5 Baptisms and 4 Confirmations. We have continued to adapt and evolve our approach to teaching. Our Lay Reader plays an important role in leading Study Groups and exploring various ways to share and explore the faith. In 2024, our main study group during Lent focused on the _Stabat Mater_ , and we also held a book group discussing Elizabeth Oldfield’s _Fully Alive_ .
Pub Sunday is a regular monthly gathering for fellowship after Sunday Mass, with 10-20 people attending each time.
The primary focus of our teaching ministry is the preaching on Sundays. We are increasingly welcoming individuals new to the faith or those unfamiliar with the type of worship we offer at St Mary’s.
Communication within the parish is maintained through our weekly email newsletter, which includes additional teaching materials. Approximately five people receive regular home visits and Holy Communion.
## **Young People**
Our Sunday provision for children has continued in 2024. As has been stated above, we regularly see 15+ children on Sundays and we 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 leader has 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 through his work. We have increased our links with St Michael’s Church of England Primary School which now includes our parish boundary withing the catchment area for the school. Several families now send children to the school and attend St Mary’s. Fr Damien leads assemblies at St Michael’s School and helps at other events.
## **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.
Our Winter Shelter was hosted again in church from January to April. This continues to be well supported as a project and enables us to use the church creatively to host 16 homeless guests one night per week during the coldest months of the year.
## **Transforming our Building**
We continued our programme of restoring and renewing the church’s ornaments and fabric. The building and grounds were well-maintained throughout the year.
The building project has progressed more slowly than expected. However, there has been some progress with funding and a renewed interest from the Diocese regarding churches on the Heritage at Risk Register in the Camden Deanery. We have been collaborating with a fundraiser and the Diocesan team to advance the project and hope to apply for an initial round of funding to help develop plans for a larger project in the near future. This is now a priority for us in the next year.
3
## _**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. Now the hall is subject to a 15 year lease, we have greater income stability, but if one or more of the flats are left vacant for a significant period of time, or if the hall tenant fails, the church’s income would be severely affected.
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.
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 Mary’s takes safeguarding seriously in the context of our belief that we are all unique, valued, and made in God’s 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 Children’s Champion. Marie Papworth was appointed Church Safeguarding Officer at the APCM in 2024.
## _**Reserves policy**_
At the end of the year, the PCC had cash reserves of £142,575 (2023: £151,430), of which £10,182 (2023: £7,166) were held on restricted funds and not available for general purposes of the charity.
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 2024 increased by 4% on the previous year. Total voluntary income increased by 4.9% and total income increased by 7.18%.
£253،915 (2023: £242,871) was spent during the year, including the contribution of £80,000 (2023: £70,000) to the diocesan Common Fund. The net result for the year was a surplus of £22,784 (2023: a loss of £15,282).
The PCC has agreed to the diocese’s request that common fund contributions for 2025 should, if possible, be increased. Accordingly, the parish will contribute £90,000 to the Common Fund for 2025.
## _**Plans for future periods**_
We have experienced another year of growth at St. Mary's. We are thankful for all that God is doing among us and continue to pray for further growth and blessings.
The year 2025 marks the 150th Anniversary of the Consecration. This is a time to celebrate all that has happened so far and, with renewed vision and hope, to continue the work we are doing. As we move forward, we will need to reflect on our priorities for the future and the direction we are headed as a parish. The building project will need to become a greater focus in the coming year.
In recent years, we have made significant progress toward our goal of becoming a central hub for both our parish and the wider community. Our priority for the upcoming year will be to renew our Mission Action Plan for the next five years. I am confident that we will continue to grow and develop in the year ahead.
## FR DAMIEN MASON
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.
The church has sufficient funds in the Church Hall fund: £96,941 (2023: £126,782) to cover maintenance needs and other liabilities. In addition, the PCC holds cash reserves on the general fund: £28,364 at 31 December 2024 (£10,750 at 31 December 2023) as a safeguard against unforeseen expenditure needs. It can call on the church hall account where this is
Fr Damien Mason
4
## **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 2024, which are set out on pages 6 - 15, following an examination carried out in accordance with section 145 of the Charities Act 2011 (“the Act”).
## **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.
Heather Cheesman FCA 104 Stockbridge Road Chichester West Sussex PO19 8QP
11[th] March 2025
## **Basis of independent examiner** ’ **s report**
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 ‘a true and fair view’ 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 believe that in any material respect the requirements
5
**Parochial Church Council of St Mary Brookfield**
13:10 1
## **STATEMENT OF FINANCIAL ACTIVITIES For the year ending 31 December 2024**
|**Notes**|**Unrestricted**
**Funds**
**Restricted**
**Funds**
Music
Memorial fund
Church Hall
Fund
**Designated Funds**|**2024**
**2023**
**TOTAL FUNDS**|
|---|---|---|
|INCOME
_Donations and legacies_
_3(a)_
_Trading activities_
_3(b)_
_Investment income_
_3(c)_
_Church activities_
_3(d)_
_Other income_
_3(e)_|**£**
**£**
**£**
**£**
**£**
**£**
86,615
-
-
24,098
**110,713**
105,524
9,306
-
146,568
5,443
**161,317**
147,674
282
347
2,997
150
**3,775**
3,218
894
**-**
**-**
**-**
**894**
1,737
-
-
-
-
**-**
-||
|**TOTAL INCOMING RESOURCES**|**97,097**
**347**
**149,565**
**29,690**
**276,699**
**258,153**||
|EXPENDITURE
_Costs of raising funds_
_4(a)_
_Church activities_
_4(b)_|2,052
-
-
-
**2,052**
3,392
196,886
-
28,457
26,520
**251,863**
239,479||
|**TOTAL EXPENDITURE**|**(198,938)**
**-**
**(28,457)**
**(26,520)**
**(253,915)**
**(242,871)**||
||||
|**NET MOVEMENT IN FUNDS**|**(101,840)**
**347**
**121,108**
**3,170**
**22,784**
**15,282**||
|TRANSFER OF FUNDS
**RECONCILIATION OF FUNDS**
BALANCES BROUGHT FORWARD AT
1 JANUARY 2024|150,000
(150,000)
580,551
6,741
173,364
7,241
767,897
752,615||
|**BALANCES CARRIED FORWARD AT**|**628,711**
**7,088**
**144,472**
**10,411**
**790,681**
**767,897**||
|**31 DECEMBER 2024**|||
|The notes on pages 6 - 13form part of these accounts.|||
6
## **Parochial Church Council of St Mary Brookfield**
## **BALANCE SHEET At 31 December 2024**
|**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|**2024**
**2023**
**£**
**£**
651 106
654 648
22 689
6 485
77 106
73 331
65 468
78 099|
|---|---|
||165 264
157 915
(25 689)
(43 969)|
||139 575
113 946|
||790 681
768 594
790 681
768 594
608 636
581 247
7 088
6 741
144 545
173 365|
||760 269
761 353
10 412
7 241|
||770 681
768 594|
Approved by the Parochial Church Council on 16 March 2025 and signed on its behalf by:
## NOEL CASEY
IAN MACGREGOR
Noel Casey KC (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 2024**
## **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. Monies in 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, a Community Fund, used to contribute towards the costs of the church’s community work and a Lectionary Fund, for the purchase of new lectionary books for the church.
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.
8
**Parochial Church Council of St Mary Brookfield**
## **Notes to the Financial Statements For the year ended 31 December 2023**
## **3**
## **INCOMING RESOURCES**
|**3**
**INCOMING RESOURCES**||
|---|---|
|**Incoming resources from generated fund**
**3(a)**
_Voluntary Income_
Planned giving:
Gift Aid Donations
Income tax recoverable
Other planned giving
Collections
Gift Aid Small Donations Scheme
Sundry donations
Gift Aid
Income tax recoverable
Stay and Play donations
Other donations
Grants (see further note 11)
Legacy
**3(b)**
_Activities for generating funds_
Trading income (see further note 12)
Rental and letting income (see note 13)
Fund-raising activities (see note 14)
Sundry income
Miscellaneous
Utilities payments and service charge
**3(c)**
_Income from investments_
Interest on funds with Central Board of
Finance
Interest from Inland Revenue
**3(d)**
**Incoming resources from charitable activ**
Fees
**3(e)**
**Other ordinary incoming resources**
Insurance claims
**TOTAL INCOMING RESOURCES**|**TOTAL FUNDS**
**Unrestricted**
**funds**
**Restricted**
**funds**
**_General funds_**
**2024**
**2023**
Church music
Church hall
**£**
**£**
**£**
**£**
**£**
**£**
**s**
30,720
-
-
-
30,720
29,560
7,680
-
-
-
7,680
7,390
974
-
-
-
974
845
**_Designated funds_**|
||39,374
-
-
-
**39,374**
37,795
9,196
-
-
40
**9,236**
5,324
2,233
-
-
-
**2,233**
2,197
5,731
-
-
3,207
8,938
8,300
1,433
-
-
802
2,234
2,075
3,106
-
-
-
3,106
23,044
-
-
1,050
24,093
30,033|
||33,313
-
-
5,058
**38,371**
40,408
2,500
-
-
19,000
21,500
19,800
-
-
-
-
-
-|
||**86,615**
**-**
**-**
**24,098**
**110,713**
**105,524**|
||5,901
-
-
-
5,901
6,480
-
-
139,695
-
139,695
130,422
3,395
-
-
5,443
8,838
5,694
10
-
988
-
998
2
-
-
5,885
-
5,885
5,077|
||**9,306**
**-**
**146,568**
**5,443**
**161,317**
**147,674**|
||282
347
2,997
150
3,775
3,217
-
-
-
-
-
0|
||**282**
**347**
**2,997**
**150**
**3,775**
**3,218**|
||**ities**
894
-
-
-
894
1,737|
||**894**
**-**
**-**
**-**
**894**
**1,737**|
||-
-
-
-
**-**
**-**
**97,097**
**347**
**149,565**
**29,690**
**276,699**
**258,153**|
9
**Parochial Church Council of St Mary Brookfield**
**Notes to the Financial Statements For the year ended 31 December 2023**
|**4**
**EXPENDITURE**
**Costs of generating funds**
**4(a)**
**_Costs of raising funds_**
Costs of stewardship
Costs of fundraising
Advertising
**4(b)**
**_Church activities_**
Charitable giving (see note 15)
Ministry
Diocesan Fund
Clergy expenses
Vicarage telephone
Hospitality
Cold Weather Shelter
Study material
Ministry to children
Website
Sundry costs
Computer equipment and software
office supplies
Presentation
Printing
Vicarage costs
Vicarage maintenance
Vicarage utilities
Church and Hall costs
Maintenance
utilities
Insurance
Major works
Professional fees re proposed major
works
Professional fees
Church and hall manager's costs
Church and hall legal and admin co
Upkeep of services
Music costs
Organists
Purchase of altar frontals and
vestments
Other service costs
Movable furnishings and equipment
Depreciation
Governance costs
Independent examination
Total expenditure on charitable activities
**TOTAL RESOURCES EXPENDED**|**TOTAL FUNDS**
**Unrestricted**
**funds**
**Restricted**
**funds**
**_General funds_**
**2024**
**2023**
Church music
Church hall
**£**
**£**
**£**
**£**
**£**
**£**
78
-
-
-
78
-
1,274
-
-
-
1,274
2,443
700
-
-
-
700
948
**_Designated funds_**|
|---|---|
||2,052
-
-
-
2,052
3,392|
||60
-
-
16
76
60
80,000
-
-
-
80,000
70,000
1,218
-
-
-
1,218
1,142
1,147
-
-
-
1,147
1,154
2,547
-
-
-
2,547
3,109
-
-
-
2,374
2,374
3,932
130
-
-
-
130
142
883
-
-
-
883
830
228
-
-
-
228
361
3,765
-
-
-
3,765
8,486
242
-
-
-
242
254
636
-
-
-
636
872
229
-
-
345
574
541
2,117
-
-
-
2,117
2,026|
||93,141
-
-
2,719
95,860
92,848
2,684
-
-
-
2,684
976
394
-
-
-
394
349|
||3,078
-
-
-
3,078
1,325
18,062
-
15,037
25
33,125
27,503
18,698
-
5,775
6,925
31,398
22,444
7,774
-
3,269
-
11,043
10,760
-
-
-
-
-
-
-
-
-
-
-
2,127
-
-
2,532
-
2,532
3,718
15,548
-
-
239
15,787
13,818
s
889
-
-
-
889
3,622|
||60,971
-
26,613
7,188
94,773
83,992
15,392
-
-
14,001
29,393
24,656
9,730
-
-
-
9,730
9,150
3,635
-
-
-
3,635
14,840
8,381
-
-
2,597
10,978
8,267|
||37,138
-
-
16,598
53,735
56,912
1,698
-
1,844
-
3,541
3,541|
||**1,698**
**-**
**1,844**
**-**
3,541
3,541
800
**-**
**-**
**-**
800
800|
||**196,886**
**-**
**28,457**
**26,520**
**251,863**
**239,479**|
||**198,938**
**-**
**28,457**
**26,520**
**253,915**
**242,871**|
**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 £15,623 for his services, and £164 was contributed to his pension. The organists were paid £9,730 for their services.
During the year the vicar was reimbursed travelling and administrative expenses of £1,218.
## **6 RELATED PARTY TRANSACTIONS**
During the year £19,557 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 2023**
## **7 FIXED ASSETS FOR USE BY THE PCC**
|Tangible fixed assets
**Actual / Deemed Cost**
**Depreciation**
**Net Book Value**
land and buildings comprise t
f rebuilding, valued for insuran
equipment, acquired in 2022 c
The Charity Service
RSCM
HM Revenue & Customs
Wildwood Nature School Ltd
Deidre, Rashid and Soumiya
Rettali (hall flat 1)|**TOTAL ASSETS**
**Freehold land**
**and buildings**
**Fixtures and**
**Fittings**
**Other church**
**equipment**
**2024**
**£**
**£**
**£**
**£**
At 1 January 2024
643,196
27,654
18,603
689,453
Correction
-
-
-
-
Additions
-
-
-
-
At 31 December 2024
643,196
27,654
18,603
689,453
At 1 January 2024
-
22,585
12,220
34,805
Charge for the year
-
1,844
1,698
3,541
At 31 December 2024
-
24,429
13,918
38,347
At 31 December 2023
643,196
5,069
6,383
654,648
At 31 December 2024
643,196
3,225
4,685
651,106
he church hall at York Rise. For accounting purposes the hall is valued at cost (taken as the insurance
ce purposes at 31 December 1998 at £580,000, together with the cost of structural alterations made in
onsisted of a laptop computer (£1,478.95), a dishwasher (£2,724) and a defibrillator (£1,258.79)
**TOTAL FUNDS**
**Unrestricted**
**funds**
**Restricted**
**funds**
**_General funds_**
**_Designated funds_**
**2024**
**2023**
Church music
Church hall
**£**
**£**
**£**
**£**
**£**
**20,000**
-
-
-
20,000
-
137
-
-
-
137
-
2,322
-
-
230
2,552
3,063
-
-
-
-
-
722
-
-
-
**-**
-
2,700|**TOTAL ASSETS**
**Freehold land**
**and buildings**
**Fixtures and**
**Fittings**
**Other church**
**equipment**
**2024**
**£**
**£**
**£**
**£**
643,196
27,654
18,603
689,453
-
-
-
-
-
-
-
-|
|---|---|---|
|||643,196
27,654
18,603
689,453
-
22,585
12,220
34,805
-
1,844
1,698
3,541|
||**22,459**
**-**
**-**
**230**
**22,689**
**6,485**||
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**
## **9 CURRENT LIABILITIES**
|**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
Hayes & Finch
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**
**_General funds_**
**_Designated funds_**
**2024**
**2023**
Church music
Church hall
**£**
**£**
**£**
**£**
**£**
**£**
-
-
67
-
67
154
3,755
-
-
-
3,755
4,443
-
-
-
-
-
684
-
-
-
-
-
-
-
-
-
-
-
385
-
-
-
-
-
42
1,360
-
-
-
1,360
1,300
-
-
-
-
-
-
643
-
-
-
643
610
627
-
-
-
627
1,585
427
-
-
-
427
-
-
-
-
-
-
2,127
-
-
-
-
-
6,630
60
-
-
-
60
60
-
-
-
-
-
6,975
-
-
-
-
-
-
-
-
18,750
-
18,750
18,750
-
-
-
-
-
40
-
-
-
-
-
880|
||**6,872**
**-**
**18,817**
**-**
**25,689**
**44,666**|
11
**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**
|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_**
**2024**
**2023**
Church Music
Church hall
**£**
**£**
**£**
**£**
**£**
**£**
584,685
-
66,421
-
651,106
654,648
5,762
7,088
61,209
3,047
77,106
73,331
22,552
-
35,732
7,135
65,418
78,098
50
-
-
-
50
-
**_Designated funds_**
**Unrestricted funds**|
|---|---|
||28,364
7,088
96,941
10,182
142,575
151,429
22,459
-
-
230
22,689
6,485|
||50,824
7,088
96,941
10,412
165,264
157,914
(6,872)
-
(18,817)
-
(25,689)
(44,666)
43,951
7,088
78,124
10,412
139,575
113,249|
||-
-
-
**-**
-
-
628,636
7,088
144,545
10,412
790,681
767,896|
## **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 London Borough of Camden Cost of Living - Community Response Fund towards St Mary's community work, and a grant for MIND in Camden for peer support groups.
|St Pancras Church Lands Trust
MIND in Camden
Benefact Trust
London Borough of Camden|**Unrestricted**
**funds**
**Restricted**
**funds**
**2024**
**2023**
**£**
**£**
-
14,000
14,000
12,000
2,500
-
2,500
3,000
-
-
-
1,800
-
5,000
5,000
3,000|
|---|---|
||**2,500**
**19,000**
**21,500**
**19,800**|
|**COME**
Brookfield Press
Votive candles
Refreshments
Fee for use of church and churchyard
**Total**|**2023**
**2022**
**£**
**£**
-
1,430
506
500
31
19
5,365
4,530|
|---|---|
||**5,901**
**6,480**|
## **12 TRADING INCOME**
|**D LETTING INCOME**
Nursery School rent
Wildwood Nature School Ltd
Flat 1 rent
Flat 2 rent
Flat 3 rent|**2024**
**2023**
**£**
**£**
-
-
75,000
75,000
22,000
19,449
23,615
19,303
19,080
16,670|
|---|---|
||**139,695**
**130,422**|
**13 RENTAL AND LETTING INCOME**
1 2
**Parochial Church Council of St Mary Brookfield**
**Notes to the Financial Statements For the year ended 31 December 2023**
|**FUND-RAISING**
Candles for All Souls
Barbeque
Wine tasting
Just giving donations to Cold Weather Shelter
Raffle
100 club
**CHARITABLE GIVING**
The following payments were made to charity during 2023
Walsingham College Association Trust
The Children's Society
**2023 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_**
**_General funds_**
**_£_**
_81,948_
_9,575_
_140_
_1,737_|**2024**
**2023**
**General funds**
**Restricted**
**fund**
**£**
**£**
**£**
**£**
185
-
185
195
1,350
-
1,350
950
1,230
-
1,230
800
-
5,443
5,443
2,601
630
630
-
-
-
-
1,148|
|---|---|---|
|||3,395
5,443
**8,838**
**5,694**|
|||**2024**
**General funds**
**Restricted**
**fund**
60
-
60
16
-
16
76
-
**76**
**_Restricted_**
**_funds_**
**_2023_**
_Church Music_
_Church hall_
**_£_**
**_£_**
**_£_**
**_£_**
_-_
_-_
_23,576_
**_105,524_**
_-_
_135,499_
_2,601_
**_147,675_**
_296_
_2,554_
_227_
**_3,217_**
_-_
_-_
_-_
**_1,737_**
**_Designated funds_**|
||**_93,400_**|**_296_**
**_138,053_**
**_26,404_**
**_258,153_**|
||_3,392_
_183,533_|_-_
_-_
_-_
**_3,392_**
_-_
_21,723_
_34,223_
**_239,479_**|
||**_186,925_**|**_-_**
**_21,723_**
**_34,223_**
**_242,871_**|
||**_(93,525)_**|**_296_**
**_116,330_**
**_(7,819)_**
**_15,282_**|
## **14 FUND-RAISING**
## **15 CHARITABLE GIVING**
## **16 2023 COMPARATIVES BY FUND**
1 3
**Parochial Church Council of ST MARY BROOKFIELD**
**Notes to the Financial Statements For the year ended 31 December 2024**
## **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_
_Presentation_
_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 and
purchase of lectionary
_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**
**Community**
**grant**
**Lectionary**
**Fund**
**Organ fund**
**and**
**presentation**
**fund**
**Church**
**wardens' fund **
£
£
£
£
£
£
£
£
£
-
-
-
40
-
-
-
-
-
-
-
-
-
-
-
1,175
685
-
-
1,347
-
294
171
-
-
337
-
-
194
482
16
-
-
370
|**Total 2024**
£
-
40
-
-
-
3,207
-
802
-
1,061|
|---|---|---|
||-
-
1,662
-
1,338
16
-
1,683
370
|-
5,070|
||-
-
1,662
-
1,378
16
-
1,683
370
-
-
-
-
-
-
5,000
-
14,000
-
-
-
5,431
-
-
-
-
-
-
-
-
-
-
-
98.53
-
-
51
-
-
-
-
|-
5,110|
|||
19,000
-
5,431
-
-
-
150|
||98.53
-
1,662
51
6,809
16
5,000
1,683
370
14,000|**29,690**|
||-
-
-
-
16
-
-
-
-
-
-
-
2,374
-
-
-
-
-
-
-
-
-
-
-
345
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
25
-
-
-
-
1,698
-
5,000
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
239
-
-
-
-
|-
16
-
2,374
-
345
-
-
-
-
-
-
25
-
6,698
-
-
-
239|
||-
-
-
-
1,937
-
5,000
-
25
-
-
-
-
-
-
-
-
14,001
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
1,348
-
-
-
-
1,475
-
|-
6,962
14,001
-
-
-
-
-
2,823|
||-
-
1,348
-
-
-
-
1,475
-
14,001
-
-
-
-
-
-
-
-
-
|
16,824
-
-|
||**-**
**-**
**1,348**
**-**
**4,310**
**16**
**5,000**
**1,475**
**25**
**14,001**|**26,520**|
||**98.53**
**-**
**314**
**51**
**2,499**
**-**
**-**
**208**
**(1**|**)**
**3,170**|
||1,911.00
-
89
1,026
4,214
-
-
-
1
**2,009.53**
**-**
**403**
**1,077**
**6,713**
**-**
**-**
**208**
|
7,241
**-**
**10,411**|
1 4
## _**Statement of Financial Activities for Restricted Funds: Comparatives for 2023**_
|**_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_**
**_Community_**
**_Lunch 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 5