**REGISTERED CHARITY NUMBER: 1137628**
## **REPORT OF THE TRUSTEES AND**
**UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022**
## **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 2022**
||**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 2022**
## Area of Operation: London
PCB members who have served from 1 January 2022 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 (Treasurer) Mr. Glen Tommy Representatives on the Ms. Shelia - Suso-Runge Deanery Synod (ex officio) Ms. Gloria Williams Elected Members Ms. Helena Farrell Ms. Chante Brown Ms. Cecile Myers (Co-opted Secretary) Ms. Claudette Blake Mr. Emmanuel Oiwoh Ms. Rose Simmons 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 2022**
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 2022. 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 2022, 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 to 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. Apart from the first three months, the following activities and events were not held in the year because of Covid -19 lockdown restrictions:
Bring and Share Garden Party/BBQ Glamour Night Out at the Holiday Inn. Seaside Outing Kew Gardens Men Social Event Women's Social Events Tuesday Drop In centre/lunch/Food Aid for homeless people & local elders/people in need
Page 2
## **ST. MARK WITH ST. BARTHOLOMEW CHURCH (CHURCH OF ENGLAND) DALSTON LONDON**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2022**
## **FINANCIAL REVIEW**
## **Financial position**
There has been an increase in income in the year under review from £74,157 to £107,359 by 45%. Last year income was lower due to effect of Covid-19 lockdown where for most of the year the church was closed. Property income in the year £64,790 (2021:£41,535) contributed 60% (2021: 56%) of total income.
The total expenditure in the year was £88,231 (2021: 71,116) This included the Church Common Fund Contribution of £42,600 (2021: £38,000). Other expenditures of £43,749 (2021: £33,116). No depreciation was charged in the year under review.
## **Principal funding sources**
Rental Income from the use of church properties continued to be the main source of income in 2022 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 £51,485 on general funds at 31 December 2022 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 2022.
## **FUTURE PLANS**
While the level of unrestricted funds in 2022 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 communitybased 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 2022 Capital Vision.
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **Governing document**
The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.
Page 3
## **ST. MARK WITH ST. BARTHOLOMEW CHURCH (CHURCH OF ENGLAND) DALSTON LONDON**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2022**
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 2022 and four to date in 2023 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**
The Charity did not hold funds as custodians on behalf of others in the year ended 31 December 2022.
Page 4
## **ST. MARK WITH ST. BARTHOLOMEW CHURCH (CHURCH OF ENGLAND) DALSTON LONDON**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2022**
Approved by order of the board of trustees on ............................................. and signed on its behalf by:
............................................................ Revd. Josh 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 2022.
## **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 2022**
|**Unrestricted**
**funds**
**Notes**
**£**
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
35,069
**Charitable activities**
Church Activities Income
68,790
Investment income
2
-
**Total**
103,859
**EXPENDITURE ON**
**Charitable activities**
3
Common Fund Contribution
42,600
Church Running Costs
31,332
Other
6
14,149
**Total**
88,081
**NET INCOME**
15,778
**Transfers between funds**
11
1,848
**Net movement in funds**
17,626
**RECONCILIATION OF FUNDS**
**Total funds brought forward**
33,859
**TOTAL FUNDS CARRIED FORWARD**
51,485|**Restricted**
**funds**
**£**
150
-
3,350
3,500
-
150
-
150
3,350
(1,848)
1,502
344,158
345,660|**31.12.22**
**Total**
**funds**
**£**
35,219
68,790
3,350
107,359
42,600
31,482
14,149
88,231
19,128
-
19,128
378,017
397,145|**31.12.21**
**Total**
**funds**
**£**
28,324
45,803
30
74,157
38,000
25,048
8,068
71,116
3,041
-
3,041
374,976
378,017|
|---|---|---|---|
## **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 2022**
|**Unrestricted**
**funds**
**Notes**
**£**
**CURRENT ASSETS**
Cash at bank
54,483
**CREDITORS**
Amounts falling due within
one year
10
(2,998)
**NET CURRENT ASSETS**
51,485
**TOTAL ASSETS LESS**
**CURRENT LIABILITIES**
51,485
**NET ASSETS**
51,485
**FUNDS**
11
Unrestricted funds
Restricted funds
**TOTAL FUNDS**|**31.12.22**
**31.12.21**
**Restricted**
**Total**
**Total**
**funds**
**funds**
**funds**
**£**
**£**
**£**
345,660
400,143
378,818
-
(2,998)
(801)
345,660
397,145
378,017
345,660
397,145
378,017
345,660
397,145
378,017
51,485
33,859
345,660
344,158
397,145
378,017|**1.1.21**
**Total**
**funds**
**£**
377,866
(2,890)
374,976
374,976
374,976
30,846
344,130
374,976|
|---|---|---|
The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by:
............................................. Rev’d Josh Zvimba - Trustee
............................................. Mr. Glen 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 2022**
## **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.
Page 9
continued...
## **ST. MARK WITH ST. BARTHOLOMEW CHURCH (CHURCH OF ENGLAND) DALSTON LONDON**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2022**
## **2. INVESTMENT INCOME**
|**Unrestricted**
**funds**
**£**
Deposit account interest
-
**3.**
**CHARITABLE ACTIVITIES COSTS**
Common Fund Contributions
Church Running Costs
Mission and Other Giving
**4.**
**DIRECT COSTS OF CHARITABLE ACTIVITIES**
Rates and water
Insurance
Light and heat
Telephone
Postage and stationery
Common Church Contribution
Church Cleaning
Congregational Activities
Music Expenses
Books and Teaching Materials
Training
TV licence
Hospitality & Refreshment
Drop in Expenses
Honorarium
Decoration Flowers & Gardening
Website Hosting|**Restricted**
**funds**
**£**
3,350|**31.12.22**
**Total**
**funds**
**£**
3,350
**31.12.21**
£
38,000
25,048
-
63,048
**31.12.22**
**£**
522
10,801
9,334
885
432
42,600
1,977
1,199
1,312
511
183
319
1,189
63
1,375
-
230
72,932||**31.12.21**
**Total**
**funds**
**£**
30
**31.12.20**
£
40,300
30,196
70,496
**31.12.21**
**£**
549
10,391
10,816
845
190
38,000
984
-
(510)
410
-
304
417
-
570
82
-
63,048|
|---|---|---|---|---|
||||||
Page 10
continued...
## **ST. MARK WITH ST. BARTHOLOMEW CHURCH (CHURCH OF ENGLAND) DALSTON LONDON**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2022**
## **5. SUPPORT COSTS**
|**Property Governance**
**Maintenance**
**costs**
**£**
**£**
Other resources expended
4,189
9,960
Church Running Costs
-
1,150
4,189
11,110
**31.12.21**
£
Property maintenance
7,198
Finance Costs
-
Governance
870
8,068
Support costs, included in the above, are as follows:
**Property maintenance**
**31.12.22**
**Other**
**resources**
**expended**
**£**
Repairs & Maintenance
4,189
**Governance costs**
**31.12.22**
**Other**
**Church**
**resources**
**Running**
**Total**
**expended**
**Costs**
**activities**
**£**
**£**
**£**
Auditors' remuneration for non audit
work
-
1,000
1,000
Accountancy and legal fees
9,960
150
10,110
9,960
1,150
11,110|**Totals**
**£**
14,149
1,150
15,299
**31.12.20**
£
20,567
15
3,100
23,682
**31.12.21**
**Total**
**activities**
**£**
7,198
**31.12.21**
**Total**
**activities**
**£**
800
70
870|
|---|---|
Support costs, included in the above, are as follows:
## **Property maintenance**
## **Governance costs**
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 2022**
## **6. OTHER**
|**OTHER**|||||
|---|---|---|---|---|
||||**31.12.22**|**31.12.21**|
||**Unrestricted**|**Restricted**|
**Total**|**Total**|
||**funds**|**funds**|**funds**|**funds**|
||**£**|**£**|**£**|**£**|
|Support costs|14,149|-|14,149|8,068|
## **7. TRUSTEES' REMUNERATION AND BENEFITS**
There were no trustees' remuneration or other benefits for the year ended 31 December 2022 nor for the year ended 31 December 2021.
## **Trustees' expenses**
There were no trustees' expenses paid for the year ended 31 December 2022 nor for the year ended 31 December 2021.
## **8. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**
|**Unrestricted**
**funds**
**£**
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
28,280
**Charitable activities**
Church Activities Income
45,803
Investment income
-
**Total**
74,083
**EXPENDITURE ON**
**Charitable activities**
Common Fund Contribution
38,000
Church Running Costs
25,003
Other
8,068
**Total**
71,071
**NET INCOME**
3,012
**Transfers between funds**
1|**Restricted**
**funds**
**£**
44
-
30
74
-
45
-
45
29
(1)|**Total**
**funds**
**£**
28,324
45,803
30
74,157
38,000
25,048
8,068
71,116
3,041
-|
|---|---|---|
Page 12
continued...
## **ST. MARK WITH ST. BARTHOLOMEW CHURCH (CHURCH OF ENGLAND) DALSTON LONDON**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2022**
|**8.**
**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES -**
**continued**
**Unrestricted** **Restricted**
**funds**
**funds**
**£**
**£**
**Net movement in funds**
3,013
28
**RECONCILIATION OF FUNDS**
**Total funds brought forward**
30,846
344,130
**TOTAL FUNDS CARRIED FORWARD**
33,859
344,158
**9.**
**TANGIBLE FIXED ASSETS**
**Improvements**
**Fixtures**
**to**
**Plant and**
**and**
**property**
**machinery**
**fittings**
**£**
**£**
**£**
**COST**
At 1 January 2022 and
31 December 2022
404,454
153,007
50,772
**DEPRECIATION**
At 1 January 2022 and
31 December 2022
404,454
153,007
50,772
**NET BOOK VALUE**
At 31 December 2022
-
-
-
At 31 December 2021
-
-
-|**Total**
**funds**
**£**
3,041
374,976
378,017
**Totals**
**£**
608,233
608,233
-
-|
|---|---|
Page 13
continued...
## **ST. MARK WITH ST. BARTHOLOMEW CHURCH (CHURCH OF ENGLAND) DALSTON LONDON**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2022**
## **10. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
|Other creditors
**11.**
**MOVEMENT IN FUNDS**
**Net**
**movement**
**At 1.1.22**
**in funds**
**£**
**£**
**Unrestricted funds**
General fund
33,859
15,778
**Restricted funds**
Bell Fund
1,344
13
Organ Fund
1,319
13
Other Restricted Fund
1,100
-
Bishop Waltham Deanery Fund
750
-
Reserve Fund
13,168
130
Restoration Fund
221,436
2,157
Hall Refurbishment Fund
105,041
1,037
344,158
3,350
**TOTAL FUNDS**
378,017
19,128
Net movement in funds, included in the above are as follows:
**Incoming**
**resources**
**£**
**Unrestricted funds**
General fund
103,859
**Restricted funds**
Bell Fund
13
Organ Fund
13
Other Restricted Fund
150
Reserve Fund
130
Restoration Fund
2,157
Hall Refurbishment Fund
1,037
3,500
**TOTAL FUNDS**
107,359|**31.12.22**
**31.12.21**
**£**
**£**
2,998
801
**Transfers**
**between**
**At**
**funds**
**31.12.22**
**£**
**£**
1,848
51,485
-
1,357
-
1,332
(1,100)
-
(750)
-
-
13,298
11
223,604
(9)
106,069
(1,848)
345,660
-
397,145
**Resources Movement**
**expended**
**in funds**
**£**
**£**
(88,081)
15,778
-
13
-
13
(150)
-
-
130
-
2,157
-
1,037
(150)
3,350
(88,231)
19,128|
|---|---|
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 2022**
## **11. MOVEMENT IN FUNDS - continued**
## **Comparatives for movement in funds**
|**Unrestricted funds**
General fund
**Restricted funds**
Bell Fund
Organ Fund
Other Restricted Fund
Bishop Waltham Deanery Fund
Reserve Fund
Restoration Fund
Hall Refurbishment Fund
**TOTAL FUNDS**|**At 1.1.21**
**£**
30,846
1,344
1,319
1,100
750
13,168
221,417
105,032
344,130
374,976|**Net**
**movement**
**in funds**
**£**
3,012
-
-
-
-
1
19
9
29
3,041|**Transfers**
**between**
**funds**
**£**
1
(1)
-
-
-
-
-
-
(1)
-|**At**
**31.12.21**
**£**
33,859
1,343
1,319
1,100
750
13,169
221,436
105,041
344,158
378,017|
|---|---|---|---|---|
Comparative net movement in funds, included in the above are as follows:
||**Incoming**|**Resources**|**Movement**|
|---|---|---|---|
||**resources**|**expended**|**in funds**|
||**£**|**£**|**£**|
|**Unrestricted funds**||||
|General fund|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|
Page 15
continued...
## **ST. MARK WITH ST. BARTHOLOMEW CHURCH (CHURCH OF ENGLAND) DALSTON LONDON**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2022**
## **11. MOVEMENT IN FUNDS - continued**
A current year 12 months and prior year 12 months combined position is as follows:
|**Unrestricted funds**
General fund
**Restricted funds**
Bell Fund
Organ Fund
Other Restricted Fund
Bishop Waltham Deanery Fund
Reserve Fund
Restoration Fund
Hall Refurbishment Fund
**TOTAL FUNDS**|**At 1.1.21**
**£**
30,846
1,344
1,319
1,100
750
13,168
221,417
105,032
344,130
374,976|**Net**
**movement**
**in funds**
**£**
18,790
13
13
-
-
131
2,176
1,046
3,379
22,169|**Transfers**
**between**
**funds**
**£**
1,849
(1)
-
(1,100)
(750)
-
11
(9)
(1,849)
-|**At**
**31.12.22**
**£**
51,485
1,356
1,332
-
-
13,299
223,604
106,069
345,660
397,145|
|---|---|---|---|---|
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
|**Unrestricted funds**
General fund
**Restricted funds**
Bell Fund
Organ Fund
Other Restricted Fund
Reserve Fund
Restoration Fund
Hall Refurbishment Fund
**TOTAL FUNDS**|**Incoming**
**resources**
**£**
177,942
13
13
195
131
2,176
1,046
3,574
181,516|**Resources Movement**
**expended**
**in funds**
**£**
**£**
(159,152)
18,790
-
13
-
13
(195)
-
-
131
-
2,176
-
1,046
(195)
3,379
(159,347)
22,169|
|---|---|---|
Page 16
continued...
## **ST. MARK WITH ST. BARTHOLOMEW CHURCH (CHURCH OF ENGLAND) DALSTON LONDON**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2022**
## **12. RELATED PARTY DISCLOSURES**
There were no related party transactions for the year ended 31 December 2022.
## **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 2022.
Page 17
## **ST. MARK WITH ST. BARTHOLOMEW CHURCH (CHURCH OF ENGLAND) DALSTON LONDON**
## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2022**
||**31.12.22**|**31.12.21**|
|---|---|---|
||**£**|**£**|
|**INCOME AND ENDOWMENTS**|||
|**Donations and legacies**|||
|Unplanned Giving|3,532|4,190|
|Planned Giving|19,940|20,034|
|Gift aid|5,008|-|
|Highgate Carols|433|-|
|Appeals|-|35|
|Food Aid|25|-|
|Funeral Services|2,830|3,663|
|Wedding Services|361|357|
|Church box|240|-|
|Church cleaning|150|45|
|Memorial Service|59|-|
|London Diocesan Fund|2,641|-|
||35,219|28,324|
|**Investment income**|||
|Deposit account interest|3,350|30|
|**Charitable activities**|||
|Parochial fees|4,673|4,268|
|Property Income|64,117|41,535|
||68,790|45,803|
|**Total incoming resources**|107,359|74,157|
|**EXPENDITURE**|||
|**Charitable activities**|||
|Rates and water|522|549|
|Insurance|10,801|10,391|
|Light and heat|9,334|10,816|
|Telephone|885|845|
|Postage and stationery|432|190|
|Common Church Contribution|42,600|38,000|
|Carried forward|64,574|60,791|
This page does not form part of the statutory financial statements
Page 18
## **ST. MARK WITH ST. BARTHOLOMEW CHURCH (CHURCH OF ENGLAND) DALSTON LONDON**
## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2022**
||**31.12.22**|**31.12.21**|
|---|---|---|
||**£**|**£**|
|**Charitable activities**|||
|Brought forward|64,574|60,791|
|Church Cleaning|1,977|984|
|Congregational Activities|1,199|-|
|Music Expenses|1,312|(510)|
|Books and Teaching Materials|511|410|
|Training|183|-|
|TV licence|319|304|
|Hospitality & Refreshment|1,189|417|
|Drop in Expenses|63|-|
|Honorarium|1,375|570|
|Decoration Flowers & Gardening|-|82|
|Website Hosting|230|-|
||72,932|63,048|
|**Support costs**|||
|**Property Maintenance**|||
|Repairs & Maintenance|4,189|7,198|
|**Governance costs**|||
|Independent Examiners fees|1,000|800|
|Accountancy and legal fees|10,110|70|
||11,110|870|
|Total resources expended|88,231|71,116|
|**Net income**|19,128|3,041|
This page does not form part of the statutory financial statements
Page 19