**REGISTERED CHARITY NUMBER: 1137628**
## **REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS**
## **FOR THE YEAR ENDED 31 DECEMBER 2021**
## **FOR**
**ST. MARK WITH ST. BARTHOLOMEW CHURCH (CHURCH OF ENGLAND) DALSTON LONDON**
Alex & Co Chartered Certified Accountants 46A Fairlawn Park Sydenham London SE26 5RY
**ST. MARK WITH ST. BARTHOLOMEW CHURCH (CHURCH OF ENGLAND) DALSTON LONDON**
**CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021**
||**Page**|
|---|---|
|**Reference and Administrative Details**|1|
|**Report of the Trustees**|2 to 5|
|**Independent Examiner's Report**|6|
|**Statement of Financial Activities**|7|
|**Balance Sheet**|8|
|**Notes to the Financial Statements**|9 to 17|
|**Detailed Statement of Financial Activities**|18 to 19|
## **ST. MARK WITH ST. BARTHOLOMEW CHURCH (CHURCH OF ENGLAND) DALSTON LONDON**
## **REFERENCE AND ADMINISTRATIVE DETAILS FOR THE YEAR ENDED 31 DECEMBER 2021**
## Area of Operation: London
PCC members who have served from 1 January 2021 until the date this report was approved are:
Incumbent (ex officio) Rev’d. Josh Zvimba Reader (ex officio) Mr. Sam Okoroafor Wardens (ex officio) Ms. Paulette Otto Mr. Glen Tommy
Representatives on the Mr. Leslie Davis Deanery Synod (ex officio) Ms. Jenny Bernard (Treasurer)
Elected Members
Ms. Chante Brown Ms. Helena Farrell Ms. Lezleen Graham Ms. Cecile Myers (Co-opted Secretary) Mr. Emmanuel Oiwoh Ms. Roseclaire Simmons Ms. Gloria Williams Mr. Joshua Zvimba
**PRINCIPAL ADDRESS** St Mark's Rise London E8 2LJ **REGISTERED CHARITY** 1137628 **NUMBER**
## **INDEPENDENT EXAMINER** Alex & Co
Chartered Certified Accountants 46A Fairlawn Park Sydenham London SE26 5RY
Page 1
## **ST. MARK WITH ST. BARTHOLOMEW CHURCH (CHURCH OF ENGLAND) DALSTON LONDON**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2021**
The PCC Members, who are also trustees of the charity for the purposes of Charities Act 2011, present their report with the independently examined financial statements of the Church for the year ended 31 December 2021. The PCC have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015)
## **OBJECTIVES AND ACTIVITIES**
## **Objectives and aims**
The primary objective of the PCC is the promotion in its parish of "the whole mission of the Church of England, pastoral, evangelistic, social and ecumenical". The PCC considers that in doing so it is acting for the public benefit.
## **Church Attendance**
There were 128 persons on the Electoral Roll in April 2021, a considerable number are not resident within the parish. The average attendance at Sunday morning services during the year was 85 adults and 25 children.
## **Charitable Donations**
St. Mark's Church continued to support Hackney Night Shelter, Church Mission Society and Mission Aviation Fellowship.
## **Volunteers**
The PCC and the Incumbent express their thanks for the uncounted hours of effort put in by the many members who volunteer their time and skills, not only to provide regular services, but also to enable the other activities that are part of the church's ministry. The number of regular volunteers (excluding Trustees) is over 30.
## **ACHIEVEMENT AND PERFORMANCE**
## **Charitable activities**
The results for the year and financial position of the Church are shown in the annexed financial statements.
The mission of the Church is supported by the contribution of the PCC to the cost of the Diocese of the Incumbent (Church Common Fund) and by running the church building. Direct expenditure on local mission activity is shown as Ministry and Mission, and to wider organisations (including that detailed above) as Mission and Other Giving. Covid-19 restrictions again severely affected the church's activities during the year. However, when government guidelines permitted and thanks to the generous support of our parishioners and Marks & Spencer, the Church was able to re-start our Food Aid programme for local elders/homeless people/people in need in need on Tuesdays, Fridays and Sundays.
Page 2
## **ST. MARK WITH ST. BARTHOLOMEW CHURCH (CHURCH OF ENGLAND) DALSTON LONDON**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2021**
## **FINANCIAL REVIEW**
## **Financial position**
There has been a 14% fall in income in the year under review from £85,851 to £74,157. The drop in income was largely due to the effect of Covid-19 lockdowns and restrictions which affected the dates the church could open, the types of activities that could be undertaken and the number of people who could attend the church. The fall in income came at the back of the previous five years of a steady level of income especially from property. Property income of £41,535 in the year (2020: £63,692) contributed 56% of total income (2020: 74%).
The PCC committed £41,300 (2020: £40,300) to the Church Common Fund of which £38,000 was paid in the year under review. Overall church expenditure was £71,116 (2020: £94,163). No depreciation was charged in the year under review. Last year, a non-cash depreciation charge of £10,192 was provided for to reflect the costs incurred in Hall Refurbishment, Roof Restoration and Equipment, and Fixtures and Fittings bought over the years.
.
## **Principal funding sources**
Rental Income from the use of church properties continued to be the main source of income in 2021 however the PCC is thankful for the ongoing support of the Church members (congregants) who continued to support the church with donations and gifts.
## **Investment policy and objectives**
The charity deposits funds with "The CBF Church of England Investment Fund" to ensure a reasonable return in terms of interest and long-term protection from inflation, and to meet ethical investment standards.
## **Reserves policy**
It is PCC policy to maintain a balance on general funds (if possible) of around £10,000 to cover emergency situations that may arise from time to time. The balance of £33,859 on general funds at 31 December 2021 comfortably exceeds this target,
## **Going concern**
The charity trustees continued to make appropriate enquiries, review the impact of the COVID 19 situation on the charity that there are no implications which may be so severe as to cast doubt upon the charity's financial sustainability, and also review that the charity has adequate resources and sufficient sources of funds available for the foreseeable future, and thus the trustees are confident that the charity will continue in operation for the foreseeable future, hence, a going concern basis was adopted by the trustees in preparing the accounts for the year ended 31 December 2021.
## **FUTURE PLANS**
While the level of unrestricted funds in 2021 has remained above the minimum level, there have been a dip in donations received in the year and property income continued to be the main source of income. The PCC will continue to encourage members of the fellowship prayerfully to consider their giving, and to look at other ways of funding activities. The Church will continue to focus its main areas of charitable activities in the coming year so as to meet the objects of the charity. More creative and community-based projects will be undertaken so as to optimise the use of the Church facilities. The PCC will continue the refurbishment and enhancement of the Halls. It will also continue to drive its mission plan in conjunction with the Diocese of
Page 3
London 2030 Vision.
Page 3
## **ST. MARK WITH ST. BARTHOLOMEW CHURCH (CHURCH OF ENGLAND) DALSTON LONDON**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2021**
## **STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document**
The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.
The Parochial Church Council (PCC) is a corporate body established by the Parochial Church Council (Powers) Measure 1956 (as amended) and the Church Representation Rules (CRR, contained in schedule 3 to the Synodical Government measure 1969 as amended). The PCC of Ecclesiastical Parish of St Marks Dalston was registered with the Charity Commission on 27 August 2010.
## **Recruitment and appointment of new trustees**
Membership of the PCC is specified by the Church Representation Rules (CRR). All Church attendees are encouraged to register on the Electoral Roll if they meet the relevant conditions in the CRR. Those on the Electoral Roll are invited to the Annual Parochial Church Meeting (APCM, held annually in March) and encouraged to consider standing for election to the PCC. The APCM elects lay members to the PCC, and Deanery Synod Representatives (ex officio PCC members); Churchwardens (ex officio on PCC) are elected by Parish Meeting (annually, as APCM). Licensed Readers (ex officio on PCC) are entitled to serve on the PCC.
## **Organisational structure**
The PCC met 7 times in 2021 and four to date in 2022 to oversee and discuss the management of the Church. The PCC have established a Standing Committee which comprises the Incumbent and Churchwardens (ex officio) and the Reader, Secretary and Treasurer, which can take day-to-day or urgent decisions on behalf of the PCC. Other Sub-Committees established during the year are the Worship Group, Social Committee, and Children and Young People's Group.
## **Induction and training of new trustees**
New PCC members are encouraged to attend PCC induction seminars held by the Diocese.
## **Related parties**
Within the Church of England, St. Mark Church Dalston is a member of the Deanery of Hackney and the Diocese of London.
## **Risk management**
The PCC have a duty to identify and review the risks to which the Church is exposed and to ensure appropriate controls are in place to provide reasonable assurance, including against fraud and error. The PCC recognises the health & safety, fire and other risks that are common to most church organisations. Our policies are subject to regular review in order to ensure that controls are appropriate, and risks at an acceptable level. The PCC is unaware of other major risks that may affect the operation of the Church in the foreseeable future.
## **Safeguarding**
The PCC has due regard to House of Bishops' guidance on safeguarding children and vulnerable adults. We have adopted the Diocese's "Safe Church" policy, and keep activities under review.
## **FUNDS HELD AS CUSTODIAN FOR OTHERS**
Page 4
The Charity did not hold funds as custodians on behalf of others in the year ended 31 December 2021.
Page 4
## **ST. MARK WITH ST. BARTHOLOMEW CHURCH (CHURCH OF ENGLAND) DALSTON LONDON**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2021**
Approved by order of the board of trustees on ............................................. and signed on its behalf by:
............................................................ Revd. J Zvimba - Trustee
Page 5
## **INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF ST. MARK WITH ST. BARTHOLOMEW CHURCH (CHURCH OF ENGLAND) DALSTON LONDON**
## **Independent examiner's report to the trustees of St. Mark with St. Bartholomew Church (Church of England) Dalston London**
I report to the charity trustees on my examination of the accounts of St. Mark with St. Bartholomew Church (Church of England) Dalston London (the Trust) for the year ended 31 December 2021.
## **Responsibilities and basis of report**
As the charity trustees of the Trust, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the Trust's accounts carried out under section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
## **Independent examiner's statement**
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
1. accounting records were not kept in respect of the Trust as required by section 130 of the Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Alex Mutyaba BSc(Hons) MSc FCCA Alex & Co Chartered Certified Accountants 46A Fairlawn Park Sydenham London SE26 5RY
Date: .............................................
Page 6
## **ST. MARK WITH ST. BARTHOLOMEW CHURCH (CHURCH OF ENGLAND) DALSTON LONDON**
## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2021**
## **31.12.21 31.12.20**
|**Unrestricted**
**Restricted**
**Total**
**Total**
**funds**
**funds**
**funds**
**Notes**
**£**
**£**
**£**
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
28,280
44
28,324
**Charitable activities**
Church Activities Income
45,803
-
45,803
Investment income
2
-
30
30
**Total**
74,083
74
74,157
**EXPENDITURE ON**
**Charitable activities**
3
Common Fund Contribution
38,000
-
38,000
Church Running Costs
25,003
45
25,048
Finance Costs
-
-
-|**funds**
**£**
19,372
65,617
862
85,851
40,300
30,181
15|
|---|---|
Other 6 8,068 - 8,068 23,667
**Total** 71,071 45 71,116 94,163
The notes form part of these financial statements
Page 7
|**NET INCOME/(EXPENDITURE)**
3,012
29
3,041
(8,312)
**Transfers between funds**
11
**Net movement in funds**
**RECONCILIATION OF FUNDS**|1
3,013|(1)
28|-
3,041|-
(8,312)|
|---|---|---|---|---|
**Total funds brought forward** 30,846 344,130 374,976 383,288
## **TOTAL FUNDS CARRIED FORWARD**
33,859 344,158 378,017 374,976
The notes form part of these financial statements
Page 7
## **CONTINUING OPERATIONS**
All income and expenditure has arisen from continuing activities.
The notes form part of these financial statements
Page 7
## **ST. MARK WITH ST. BARTHOLOMEW CHURCH (CHURCH OF ENGLAND) DALSTON LONDON**
## **BALANCE SHEET 31 DECEMBER 2021**
## **31.12.21 31.12.20**
|||||**31.12.21**|**31.12.20**|
|---|---|---|---|---|---|
||**Unrestricted**|||||
|||**Restricted**||||
||||**Total**|**Total**||
|||**funds**|**funds**|**funds**|**funds**|
||**Notes**|**£**|**£**|**£**|**£**|
|**CURRENT ASSETS**||||||
|Cash at bank||34,659|344,158|378,817|377,866|
## **CREDITORS**
Amounts falling due within one year 10 (800) - (800) (2,890)
## **NET CURRENT ASSETS**
33,859 344,158 378,017 374,976
## **TOTAL ASSETS LESS CURRENT LIABILITIES**
33,859
The notes form part of these financial statements
Page 8
344,158
378,017
374,976
## **NET ASSETS**
33,859 344,158 378,017 374,976
## **FUNDS**
11 Unrestricted funds 33,859 30,846 Restricted funds 344,158 344,130
The notes form part of these financial statements
Page 8
**TOTAL FUNDS** 378,017 374,976
The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by:
............................................. J Zvimba - Trustee
.............................................
G Tommy - Trustee
The notes form part of these financial statements
Page 8
## **ST. MARK WITH ST. BARTHOLOMEW CHURCH (CHURCH OF ENGLAND) DALSTON LONDON**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021**
## **1. ACCOUNTING POLICIES**
## **Basis of preparing the financial statements**
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.
## **Income**
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
## **Expenditure**
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings, they have been allocated to activities on a basis consistent with the use of resources.
## **Tangible fixed assets**
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Hall Refurbishment 20% Roof Restoration 20% Equipment Fixtures & Fittings 20%
## **Taxation**
The charity is exempt from tax on its charitable activities.
## **Fund accounting**
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
continued...
Page 9
## **ST. MARK WITH ST. BARTHOLOMEW CHURCH (CHURCH OF ENGLAND) DALSTON LONDON**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2021**
## **2. INVESTMENT INCOME**
|**2.**|**INVESTMENT INCOME**|||||||
|---|---|---|---|---|---|---|---|
|||||**31.12.21**||**31.12.20**||
|||**UnrestrictedRestricted**|||**Total**|||
|||**Total**||||||
|||**funds**|**funds**|**funds**|||**funds**|
|||**£**|**£**|**£**|||**£**|
||Deposit account interest|-|30|30|||862|
|**3.**|**CHARITABLE ACTIVITIES COSTS**|||||||
|||||**31.12.21**||**31.12.20**||
|||||£|||£|
||Common Fund Contributions|||38,000|||40,300|
||Church Running Costs|||25,048|||30,196|
||Mission and Other Giving|||-||||
|||||63,048|||70,496|
|**4.**|**DIRECT COSTS OF CHARITABLE**|**ACTIVITIES**||||||
|||||**31.12.21**||**31.12.20**||
|||||**£**|||**£**|
||Rates and water|||549|||593|
||Insurance|||10,391|||10,389|
||Light and heat|||10,816|||13,041|
||Telephone|||845|||922|
||Postage and stationery|||190|||287|
||Common Church Contribution|||38,000|||40,300|
||Church Cleaning|||984|||783|
||Music Expenses|||(510)|||860|
||Admin expenses|||-|||100|
||Books and Teaching Materials|||410|||606|
||Cleaning & Waste Collection|||-|||270|
||Conferences & Meetings|||-|||500|
||Expensed equipment|||-|||360|
||TV licence|||304|||313|
||Hospitality & Refreshment|||417|||777|
||Drop in Expenses|||-|||105|
||Honorarium|||570|||(60)|
||Decoration Flowers & Gardening|||82|||172|
||Bank charges|||-|||15|
||Website Hosting|||-|||163|
|||||63,048|||70,496|
continued...
Page 10
## **ST. MARK WITH ST. BARTHOLOMEW CHURCH (CHURCH OF ENGLAND) DALSTON LONDON**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2021**
## **5. SUPPORT COSTS**
|**SUPPORT COSTS**||||||||
|---|---|---|---|---|---|---|---|
||**Property **|**Governance**||||||
||**Maintenance**|||||||
||**costs**||**Totals**|||||
||**£**||**£**||||**£**|
|Other resources expended|7,198||870||||8,068|
|||**31.12.21**||||**31.12.20**||
||||£||||£|
|Property maintenance|||7,198||||20,567|
|Finance Costs|||||-||15|
|Governance|||870||||3,100|
|||||8,068 23,682||||
|Support costs, included in the above, are as follows:||||||||
|**Property maintenance**||||||||
|||**31.12.21**||||**31.12.20**||
||||**Other**|||||
|||**resources**||||||
||||||**Total**|||
|||**expended**||||||
||||||**activities**|||
||||**£**||||**£**|
|Repairs & Maintenance|||7,198||||10,375|
|Depreciation of tangible and||||||||
|heritage assets|||-||||10,192|
||||7,198||||20,567|
|**Governance costs**||||||||
|||**31.12.21**||||**31.12.20**||
||||**Other**|||||
|||**resources**||||||
||||||**Total**|||
|||**expended**||||||
||||||**activities**|||
||||**£**||||**£**|
|Auditors' remuneration for non-||||||||
|audit work|||-||||1,000|
|Accountancy and legal fees|||870||||2,100|
||||870||||3,100|
continued...
Page 11
Page 11
continued...
## **ST. MARK WITH ST. BARTHOLOMEW CHURCH (CHURCH OF ENGLAND) DALSTON LONDON**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2021**
## **6. OTHER**
|**OTHER**|||||
|---|---|---|---|---|
||||**31.12.21**|**31.12.20**|
||**UnrestrictedRestricted**|||**Total**|
||**Total**||||
||**funds**|**funds**|**funds**|**funds**|
||**£**|**£**|**£**|**£**|
|Support costs|8,068|-|8,068|23,667|
## **7. TRUSTEES' REMUNERATION AND BENEFITS**
There were no trustees' remuneration or other benefits for the year ended 31 December 2021 nor for the year ended 31 December 2020.
## **Trustees' expenses**
There were no trustees' expenses paid for the year ended 31 December 2021 nor for the year ended 31 December 2020.
|**8.**
**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**
**Unrestricted**
**Restricted**
**Total**
**funds**
**funds**
**£**
**£**
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
19,336
36
**Charitable activities**
Church Activities Income
65,617
-
Investment income
-
862
**Total**
84,953
898
**EXPENDITURE ON**
**Charitable activities**
Common Fund Contribution
40,300
-
Church Running Costs
30,146
35
Finance Costs
15
-|**funds**
**£**
19,372
65,617
862
85,851
40,300
30,181
15|
|---|---|
Other 23,667 -
23,667
continued...
Page 12
**Total** 94,128 35 94,163
**NET INCOME/(EXPENDITURE)** (9,175) 863 (8,312) **Transfers between funds** (40,000) 40,000 -
continued...
Page 12
## **ST. MARK WITH ST. BARTHOLOMEW CHURCH (CHURCH OF ENGLAND) DALSTON LONDON**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2021**
## **8. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued**
## **Unrestricted Restricted**
**Net movement in funds**
|**Total**
**funds**
**funds**
**£**
**£**
(49,175)
40,863|**funds**
**£**
(8,312)|
|---|---|
## **RECONCILIATION OF FUNDS**
## **Total funds brought forward**
80,021 303,267 383,288
## **TOTAL FUNDS CARRIED FORWARD**
30,846 344,130 374,976
## **9. TANGIBLE FIXED ASSETS**
**Improvements Fixtures to Plant and and property machinery**
continued...
Page 13
|||**fttings**|**Totals**||
|---|---|---|---|---|
||**£**|**£**|**£**|**£**|
|**COST**|||||
|At 1 January 2021 and|||||
|31 December 2021|404,454|153,007|50,772|608,233|
|**DEPRECIATION**|||||
|At 1 January 2021 and|||||
|31 December 2021|404,454|153,007|50,772|608,233|
|**NET BOOK VALUE**|||||
|At 31 December 2021|-|-|-|-|
|At 31 December 2020|-|-|-|-|
continued...
Page 13
## **ST. MARK WITH ST. BARTHOLOMEW CHURCH (CHURCH OF ENGLAND) DALSTON LONDON**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2021**
## **10. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
|||||**31.12.21**|**31.12.20**|
|---|---|---|---|---|---|
|||||**£**|**£**|
||Other creditors|||801|2,890|
|**11.**|**MOVEMENT IN FUNDS**|||||
||||**Net**|**Transfers**||
||||**movement**|||
|||||**between**|**At**|
|||**At 1.1.21**||||
||||**in funds**|**funds**|**31.12.21**|
|||**£**|**£**|**£**|**£**|
||**Unrestricted funds**|||||
||General fund|30,846|3,012|1|33,859|
## **Restricted funds**
Bell Fund 1,344 - (1) 1,343
Organ Fund 1,319 - - 1,319
Other Restricted Fund 1,100
- - 1,100
Bishop Waltham Deanery Fund 750
- - 750
Reserve Fund 13,168 1 -
13,169
continued...
Page 14
Restoration Fund 221,417 19 - 221,436 Hall Refurbishment Fund 105,032 9 - 105,041
344,130 29 (1) 344,158
**TOTAL FUNDS** 374,976 3,041 - 378,017
Net movement in funds, included in the above are as follows:
continued...
Page 14
## **Incoming**
## **Resources Movement resources**
**Unrestricted funds** General fund
**expended in funds £ £ £** 74,083 (71,071) 3,012
## **Restricted funds**
Other Restricted Fund 45 (45) -
Reserve Fund 1 - 1 Restoration Fund 19 - 19
Hall Refurbishment Fund 9
- 9
74 (45) 29
## **TOTAL FUNDS**
74,157 (71,116) 3,041
continued...
Page 14
Page 14
continued...
## **ST. MARK WITH ST. BARTHOLOMEW CHURCH (CHURCH OF ENGLAND) DALSTON LONDON**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2021**
## **11. MOVEMENT IN FUNDS - continued**
## **Comparatives for movement in funds**
|||**Net**|**Transfers**||
|---|---|---|---|---|
|||**movement**|||
||||**between**|**At**|
||**At 1.1.20**||||
|||**in funds**|**funds**|**31.12.20**|
||**£**|**£**|**£**|**£**|
|**Unrestricted funds**|||||
|General fund|80,021|(9,175)|(40,000)|30,846|
## **Restricted funds**
Bell Fund 1,340 4 - 1,344
Organ Fund 1,316 3 - 1,319 Other Restricted Fund 1,100 - - 1,100 Bishop Waltham Deanery Fund 750 - - 750
Reserve Fund 13,133 324 (289) 13,168
Restoration Fund 180,871 257
continued...
Page 15
40,289 221,417
Hall Refurbishment Fund 104,757 275 - 105,032
303,267 863 40,000 344,130
## **TOTAL FUNDS**
383,288 (8,312) - 374,976
Comparative net movement in funds, included in the above are as follows:
**Incoming**
**Resources Movement resources**
continued...
Page 15
**expended in funds £ £ £** 84,953 (94,128) (9,175)
**Unrestricted funds** General fund
## **Restricted funds**
Bell Fund 4 - 4
Organ Fund 3 - 3
Other Restricted Fund 35 (35) - Reserve Fund 324 - 324 Restoration Fund 257 - 257 Hall Refurbishment Fund 275 - 275
898 (35) 863
continued...
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**TOTAL FUNDS** 85,851 (94,163) (8,312)
continued...
Page 15
## **ST. MARK WITH ST. BARTHOLOMEW CHURCH (CHURCH OF ENGLAND) DALSTON LONDON**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2021**
## **11. MOVEMENT IN FUNDS - continued**
A current year 12 months and prior year 12 months combined position is as follows:
|||**Net**|**Transfers**||
|---|---|---|---|---|
|||**movement**|||
||||**between**|**At**|
||**At 1.1.20**||||
|||**in funds**|**funds**|**31.12.21**|
||**£**|**£**|**£**|**£**|
|**Unrestricted funds**|||||
|General fund|80,021|(6,163)|(39,999)|33,859|
## **Restricted funds**
Bell Fund 1,340 4 (1) 1,343
Organ Fund 1,316 3 - 1,319 Other Restricted Fund 1,100 - - 1,100 Bishop Waltham Deanery Fund 750 - - 750
Reserve Fund 13,133 325 (289) 13,169
Restoration Fund 180,871 276
continued...
Page 16
40,289 221,436
Hall Refurbishment Fund 104,757 284 - 105,041
303,267 892 39,999 344,158
## **TOTAL FUNDS**
383,288 (5,271) - 378,017
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
## **Incoming**
**Resources Movement**
continued...
Page 16
**Unrestricted funds** General fund
**resources expended in funds £ £ £** 159,036 (165,199) (6,163)
## **Restricted funds**
Bell Fund 4 - 4
Organ Fund 3 - 3
Other Restricted Fund 80 (80) -
Reserve Fund 325 - 325 Restoration Fund 276 - 276 Hall Refurbishment Fund 284 - 284
972 (80) 892
continued...
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**TOTAL FUNDS** 160,008 (165,279) (5,271)
continued...
Page 16
## **ST. MARK WITH ST. BARTHOLOMEW CHURCH (CHURCH OF ENGLAND) DALSTON LONDON**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2021**
## **12. RELATED PARTY DISCLOSURES**
There were no related party transactions for the year ended 31 December 2021.
## **13. GOING CONCERN**
The charity trustees have continued to make appropriate enquiries, review the impact of the COVID 19 situation on the charity that there are no implications which may be so severe as to cast doubt upon the charity's financial sustainability, and also review that the charity has adequate resources and sufficient sources of funds available for the foreseeable future, and thus the trustees are confident that the charity will continue in operation for the foreseeable future, hence, a going concern basis was adopted by the trustees in preparing the accounts for the year ended 31 December 2021.
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## **ST. MARK WITH ST. BARTHOLOMEW CHURCH (CHURCH OF ENGLAND) DALSTON LONDON**
## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2021**
||**31.12.21**|**31.12.20**|**31.12.20**|
|---|---|---|---|
||**£**||**£**|
|**INCOME AND ENDOWMENTS**||||
|**Donations and legacies**||||
|Unplanned Giving|4,190||3,401|
|Planned Giving|20,034||13,855|
|Appeals|35||-|
|Funeral Services|3,663||2,061|
|Wedding Services|357||-|
|Church cleaning|45||35|
|Book sales|-||20|
||28,324||19,372|
|**Investment income**||||
|Deposit account interest|30||862|
|**Charitable activities**||||
|Parochial fees||||
|4,268||||
|1,925||||
|Property Income||||
|41,535||||
|63,692||||
45,803 65,617
## **Total incoming resources**
74,157 85,851
## **EXPENDITURE**
## **Charitable activities**
This page does not form part of the statutory financial statements
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|Rates and water|549|593|
|---|---|---|
|Insurance|10,391|10,389|
|Light and heat|10,816|13,041|
|Telephone|845|922|
|Postage and stationery|190|287|
|Common Church Contribution|38,000|40,300|
|Church Cleaning|984|783|
|Music Expenses|(510)|860|
|Admin expenses|-|100|
|Books and Teaching Materials|410|606|
|Cleaning & Waste Collection|-|270|
|Carried forward|61,675|68,151|
This page does not form part of the statutory financial statements
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## **ST. MARK WITH ST. BARTHOLOMEW CHURCH (CHURCH OF ENGLAND) DALSTON LONDON**
## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2021**
|**FOR THE YEAR ENDED 31**|**DECEMBER 2021**|||
|---|---|---|---|
||**31.12.21**|**31.12.20**||
||**£**||**£**|
|**Charitable activities**||||
|Brought forward|61,675||68,151|
|Conferences & Meetings|-||500|
|Expensed equipment|-||360|
|TV licence|304||313|
|Hospitality & Refreshment|417||777|
|Drop in Expenses|-||105|
|Honorarium|570||(60)|
|Decoration Flowers & Gardening|82||172|
|Bank charges|-||15|
|Website Hosting|-||163|
||63,048||70,496|
|**Support costs**||||
|**Property Maintenance**||||
|Repairs & Maintenance|7,198||10,375|
|Depreciation of tangible and||||
|heritage assets|-||10,192|
||7,198||20,567|
## **Governance costs**
Auditors' remuneration for non audit work
-
1,000
Accountancy and legal fees 870 2,100
This page does not form part of the statutory financial statements
870 3,100
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Total resources expended 71,116 94,163
## **Net income/(expenditure)**
3,041 (8,312)
This page does not form part of the statutory financial statements
Page 19