**REGISTERED CHARITY NUMBER: 1137628**
## **TRUSTEES' REPORT AND**
**INDEPENDENTLY EXAMINED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2023**
## **FOR**
**ST. MARK WITH ST. BARTHOLOMEW CHURCH (CHURCH OF ENGLAND) DALSTON LONDON**
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 31ST DECEMBER 2023**
||**Page**|
|---|---|
|**Reference and administrative details**|1|
|**Trustees' report**|2|
|**Independent examiner's report**|7|
|**Statement of financial activities**|8|
|**Statement of Financial Position**|9|
|**Notes to the financial statements**|10|
**ST. MARK WITH ST. BARTHOLOMEW CHURCH (CHURCH OF ENGLAND) DALSTON LONDON**
# **REFERENCE AND ADMINISTRATIVE DETAILS FOR THE YEAR ENDED 31ST DECEMBER 2023**
Area of Operation: London PCC members who have served from 1 January 2023 until the date this report was approved are: **Incumbent (ex officio)** Reverend Josh Zvimba **Reader (ex officio)** Mr. Sam Okoroafor **Pastoral Assistant (ex officio)** Ms. Lezleen Graham **Wardens (ex officio)** Ms. Paulette Otto Mr. Glen Tommy **Representatives on the** Ms. Shelia Suso-Runge **Deanery Synod (ex officio)** Mr. Leslie Davies **Elected Members** Ms. Jenny Bernard (Treasurer) Ms. Claudette Blake Ms. Chante Brown Ms. Rose Anne Lee Ms. Cecile Myers (Co-opted Secretary) Mr. Emmanuel Oiwoh Ms. Rose Simmons Mr. Joshua Zvimba **Principal Address** St Mark's Rise London E8 2LJ **Registered Charity Number** 1137628 **Independent Examiner** Alex Mutyaba MSc BSc (Hons) BA (Hons) FCCA 46A Fairlawn Park Sydenham London SE26 5RY **Bankers** The Co-operative Bank plc, Business Customer Services P O Box 250 Skelmersdale WN8 6WT
**ST. MARK WITH ST. BARTHOLOMEW CHURCH (CHURCH OF ENGLAND) DALSTON LONDON**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2023**
The PCC Members, who are also trustees of the charity for the purposes of the Charities Act 2011, present their report with the independently examined financial statements of the Church for the year ended 31 December 2023. 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, evangelical, 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 December 2023, a considerable number are not resident within the parish. The average attendance at Sunday morning services during the year was 90 in total both adults and children.
## **Charitable Donations**
St. Mark's Church continued to support t h e Church Mission Society and the 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**
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 Charitable activities is shown as Church Running Costs. Other expenditure included Equipment & Property maintenance costs and the governance costs.
The PCC were able to release funds from the Restoration Fund (see Note 12) to be used towards upgrading the electrics and lighting in the church building.
In December each year the PCC pledges its Common Fund contribution for the following financial year. The figures in the accounts (see Note 5) show the amount paid to the Diocese at 31 December but the pledged amount is always higher, with the final payment being made in the following January.
The following activities and events were held in the year.
- Bring and Share meal
- Community Fun Day
- Bi-weekly Food Aid (Tuesday & Friday) for homeless people & local elders/people in need
## **ST. MARK WITH ST. BARTHOLOMEW CHURCH (CHURCH OF ENGLAND) DALSTON LONDON**
**Page 2**
**ST. MARK WITH ST. BARTHOLOMEW CHURCH (CHURCH OF ENGLAND) DALSTON LONDON**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2023**
## **FINANCIAL REVIEW**
## **Financial position**
There has been an increase in income in the year under review from £107,359 to £141,317 by 32%. Similar to last year the main source of income was property income which, at £91,509 (2022: £64,117) contributed 65% (2022: 60%) of our total income.
The total expenditure in the year was £130,914 (2022: £88,231) This included the Church Common Fund Contribution of £42,600 (2022: £42,100). Church Running Costs of £41,261 (2022: £30,332) and other expenditures of £47,553 (2022: £15,299). A depreciation charge of £37,108 (2022: Nil) included in Other Expenditure was also charged in the year under review.
## **Principal funding sources**
Rental Income from the use of church property continued to be the main source of income in 2023 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 church is a registered charity and deposits funds with the COIF Charities 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 £152,770 on general funds at 31 December 2023 comfortably exceeds this target.
## **Going Concern**
The charity trustees (PCC) continued to make appropriate enquiries and review the impact of funding issues on the charity to ensure that there are no implications which may be so severe as to cast doubt upon the charity's financial sustainability. The trustees also review whether the charity has adequate resources and sufficient sources of funds available for the foreseeable future. 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 2023.
**Page 3**
## **ST. MARK WITH ST. BARTHOLOMEW CHURCH (CHURCH OF ENGLAND) DALSTON LONDON**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2023**
## **FUTURE PLANS**
While the level of unrestricted funds in 2023 has remained above the minimum level, there has been a dip in donations received in the year and property hire 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. Following the successful upgrade of the church’s lighting system in 2023, the PCC will continue the refurbishment and enhancement of the church and halls. It will also continue to drive its mission plan in conjunction with the 2030 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.
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) 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 6 times 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.
**Page 4**
## **ST. MARK WITH ST. BARTHOLOMEW CHURCH (CHURCH OF ENGLAND) DALSTON LONDON**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2023**
## **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 2023.
## **TRUSTEES RESPONSIBILITY STATEMENT**
The Trustees are responsible for preparing the Trustees' Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), including Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland".
The law applicable to charities in England and Wales, the Charities Act 2011, Charity (Accounts and Reports) Regulations 2008 and the provision of the trust deed requires the Trustees to prepare financial statements of each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources, including the income and expenditure, of the charity for that period. In preparing those financial statements, the trustees are required to:
- select suitable accounting policies and then apply them consistently;
- observe the methods and principles in the Charity SORP;
- make judgements and estimates that are reasonable and prudent;
**Page 5**
- prepare the financial statements on the going concern basis unless it is inappropriate to presume this.
**Page 6**
## **ST. MARK WITH ST. BARTHOLOMEW CHURCH (CHURCH OF ENGLAND) DALSTON LONDON**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2023**
The Trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provision of the trust deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Approved by order of the board of trustees on 28 Apil 2024 and signed on its behalf by:
Revd. Josh Zvimba – Trustee
Paulette Otto – Churchwarden
Glen Tommy – Churchwarden
**Page 7**
## **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 31st December 2023.
## **Responsibilities and basis of report**
As the charity trustees of St Mark with St. Bartholomew Church (Church of England) Dalston London (hereinafter, “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**
Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a registered member of the Association of Chartered Certified Accountants which is one of the listed bodies.
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.
…............................................................
Date: ……………………………………..
Alex Mutyaba MSc BSc (Hons) BA (Hons) FCCA
46A Fairlawn Park Sydenham London SE26 5RY
**Page 6**
## **ST. MARK WITH ST. BARTHOLOMEW CHURCH (CHURCH OF ENGLAND) DALSTON LONDON**
## **STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING AN INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31ST DECEMBER 2023**
|**INCOME AND ENDOWMENTS**
**FROM**
**Notes**
Donations and legacies
2
**Charitable activities**
Charitable activities
3
Investment income
4
**Total**
**EXPENDITURE ON**
**Charitable activities**
Common Fund Contribution
5
Church Running Costs
6
**Other**
7
Total
**NET INCOME**
**Transfers between funds**
**RECONCILIATION OF FUNDS**
Total funds brought forward
**TOTAL FUNDS CARRIED**
**FORWARD**|**Unrestric**
**ted**
**fund**
**s**
**£**
31,337
97,880
-
**129,217**
42,100
41,197
47,553
**130,850**
(1,633)
102,922
51,485
**152,774**|**Restrict**
**ed**
**fun**
**d**
**£**
60
-
12,04
0
**12,10**
**0**
-
60
-
**60**
12,04
0
(102,922)
345,66
0
**254,7**
**78**|**2023**
**Total**
**funds**
**£**
31,397
97,880
12,040
**141,317**
42,100
41,257
47,553
**130,910**
10,407
-
397,145
**407,552**|**2022**
**Total**
**funds**
**£**
35,219
68,790
3,350|
|---|---|---|---|---|
|||||**107,359**|
|||||42,600
29,133
16,498|
|||||**88,231**|
|||||19,128
-
378,017|
|||||**397,145**|
- -
The notes form part of these financial statements
**Page**
**Page 8**
## **ST. MARK WITH ST. BARTHOLOMEW CHURCH**
## **(**
## **)**
|**STATEMENT**
**OF**
**FINANCIAL**
**POSITION**
**31ST**
**DECEMBER 2023**
**2023**
**FIXED**
**ASSETS**
Tangible
assets
**Notes**
**£**
9
149,563
Cash at bank
260,553
**CREDITORS**
260,553
Amounts falling due within one
year
10
(2,564)
**NET CURRENT ASSETS**
257,989
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
407,552
**NET ASSETS**
407,552
**FUNDS**
Unrestricted funds
12
152,774
Restricted fund
12
254,778
**TOTAL FUNDS**
407,552||**2022**
**£**
-
400,143
400,143
(2,998)
397,145
397,145
397,145
51,485
345,660
397,145|
|---|---|---|
||||
||||
The financial statements were by the of Trustees and authorised for approved Board issue on
.............................................and were signed on its behalf by:
Revd. Josh Zvimba – Trustee: ……………………………………………………….
The notes form part of these financial statements
## **ST. MARK WITH ST.**
## **BARTHOLOMEW CHURCH** Page 9
## **ST. MARK WITH ST. BARTHOLOMEW CHURCH (CHURCH OF ENGLAND)**
## **TO THE FINANCIA**
**L STATEME NTS FOR N THE YEAR O ENDED T 31ST E DECEMBE S R 2023**
## **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. The presentational currency of the financial statements is Pound Sterling (£).
## **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.
Improvement to property 20%
## **CASH FLOW**
The financial statements do not include a cash flow statement because the charity, as a small reporting entity, is exempt
**continue**
**Page 10**
## **ST. MARK WITH ST. BARTHOLOMEW CHURCH**
## from the requirement to prepare such a statement under the FRS102. **NOT** ~~**ES TO THE FINANCIAL**~~ **STATEMENTS - continued FOR THE**
## **TAXATION**
St. Mark With St. Bartholomew Church is a registered charity and is potentially exempt from taxation in respect of income and capital gains received within the categories covered by Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992 to the extent that such income or gains are applied to charitable purposes.
## **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.
## **PENSION COSTS AND OTHER POST-RETIREMENT BENEFITS**
The charity operates a defined contribution pension scheme. Contributions payable to the charity's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
**continue**
**Page 11**
## **ST. MARK WITH ST. BARTHOLOMEW CHURCH (CHURCH OF ENGLAND)**
|**2. DONATIONS AND LEGACIES**
Unplanned Giving
Planned giving
Gift Aid
Highgate Carols
Food Aid
Funeral Services
Wedding Services
Church Box
Church Cleaning
Memorial Service
London Diocesan Fund
**3. INCOME FROM CHARITABLE**
**ACTIVITIES**
**Activities**
Drop-in contributions
Parking
Parochial fees
Property Income
**4. INVESTMENT INCOME**
Deposit account Interest
**5**
**COMMON FUND CONTRIBUTION**
Common Fund Contribution|**Unrestricte**
**d**
**funds**
**£**
4,782
18,709
-
545
-
7,052
-
249
-
-
-
31,337
**Unrestricte**
**d funds**
**£**
871
175
5,325
91,509
97,880
**Unrestricte**
**d**
**funds**
**£**
-
**Unrestricte**
**d funds**
**£**
42,100|**Restricte**
**d**
**funds**
**£**
-
-
-
-
-
-
-
-
60
-
-
60
**Restricte**
**d funds**
**£**
-
-
-
-
-
**Restricte**
**d**
**funds**
**£**
12,04
0
**Restricte**
**d funds**
**£**|**31.3.23**
**Total**
**funds**
**£**
4,782
18,709
-
545
-
7,052
-
249
60
-
-
31,397
**31.3.23**
**Tota**
**l**
**fun**
**ds**
**£**
871
175
5,325
91,509
97,880
**31.3.23**
**Total**
**funds**
**£**
12,04
0
**Total**
**£**
42,100|**31.3.22**
**Total**
**funds**
**£**
3,532
19,940
5,008
433
25
2,830
361
240
150
59
2,641|
|---|---|---|---|---|
|||||35,219|
|||||**31.3.22**
**Tota**
**l**
**fun**
**ds**
**£**
-
-
4,673
64,117|
|||||68,790|
|||||**31.3.22**
**Total**
**funds**
**£**
3,350|
|||||**Total**
**£**
42,600|
**continue**
**Page 10**
## **ST. MARK WITH ST. BARTHOLOMEW CHURCH**
## **NO** ~~**TES TO THE FINANCIAL**~~ **STATEMENTS - continued FOR THE**
|**6**
**CHURCH RUNNING COSTS**
Books and Teaching Materials
Charitable Donations
Church Cleaning
Communion Wine
Congregational Activities
Computer & Internet Expenses
Decoration Flowers & Gardening
Drop in Expenses
Funeral & Wedding fees
Honorarium
Hospitality & Refreshments
Music Licence & Expenses
Postage and Stationery
Telephone
Training
TV Licence
Insurance
Light & Heat
Rates and water
**7. OTHERS**
**Equipment & Property**
**Maintenance**
Depreciation Expenses
Expensed Equipment
Repairs & Maintenance
**Governance Costs**
Accountancy and Legal fees
Independent Examiners fees|**Unrestricte**
**d**
**funds**
**£**
120
400
3,516
500
-
125
145
-
170
151
707
923
1,009
1,158
99
317
10,526
21,178
153
41,197
**Unrestricte**
**d**
**funds**
**£**
37,108
1,902
6,793
45,803
750
1,000
1,750
47,553|**Restricte**
**d**
**funds**
**£**
-
-
60
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
60
**Restricte**
**d**
**funds**
**£**
-
-
-
-
**-**
**-**
-
-|**31.3.23**
**Total**
**funds**
**£**
120
400
3,57
6
500
-
125
145
-
170
151
707
923
1,009
1,158
99
317
10,526
21,178
153
41,257
**31.3.23**
**Total**
**funds**
**£**
37,108
1,902
6,793
45,803
750
1,000
1,750
47,553|**31.3.22**
**Total**
**funds**
**£**
511
-
1,977
187
-
230
-
63
-
1,375
1,013
1,312
429
885
175
319
10,801
9,334
522|
|---|---|---|---|---|
|||||29,133|
|||||**31.3.22**
**Total**
**funds**
**£**
-
1,199
4,189|
|||||5,388|
|||||10,110
1,000|
|||||11,110|
|||||16,498|
## **8. TRUSTEES' REMUNERATION AND BENEFITS**
There were no trustees' remuneration or other benefits for the year ended 31 December
**Page 12**
## **ST. MARK WITH ST. BARTHOLOMEW CHURCH**
**NO** ~~**TES TO THE FINANCIAL**~~ **STATEMENTS - continued FOR THE** 2023 nor for the year ended 31 December 2022.
**continue**
**Page 13**
## **ST. MARK WITH ST. BARTHOLOMEW CHURCH**
## **NO** ~~**TES TO THE FINANCIAL**~~ **STATEMENTS - continued FOR THE**
## **Trustees' expenses**
There were no trustees' expenses paid for the year ended 31 December 2023 nor for the year ended 31 December 2022.
## **9. TANGIBLE FIXED ASSETS**
|**Improveme**
**nts**
**to**
**property**
**Plant &**
**Machner**
**y**
**COST**
**£**
**£**
At 1 January 2023
404,454
153,007
Additions
185,542
-
At 31 December 2023
589,996
153,007
**DEPRECIATION**
At 1 January 2023
404,454
153,007
Charge for year
37,108
-
441,562
153,007
**NET BOOK VALUE**
At 31 December 2023
148,434
-
At 31 December 2022
-
-
**10. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Accrued Expenses
Other Creditors
**11. ANALYSIS OF NET ASSETS BETWEEN FUNDS**
Fixed assets
Current assets
Current liabilities|**Fixture**
**s**
**and**
**fttings**
**£**
50,772
1,129
51,901
50,772
50,772
1,129
-
**31.3.23**
**£**
1,250
1,314
2,564
31.3.23
**£**
149,563
260,553
(2,564)
407,552|**Totals**
**£**
608,233
186,671|
|---|---|---|
|||794,904|
|||608,233
37,108|
|||645,341|
|||149,563|
|||-|
|||**31.3.22**
**£**
1,150
1,848|
|||2,998|
|||31.3.22
**£**
-
400,143
(2,998)|
|||397,145|
**Page 14**
## **ST. MARK WITH ST. BARTHOLOMEW CHURCH**
## **NO** ~~**TES TO THE FINANCIAL**~~ **STATEMENTS - continued FOR THE**
## 12. **STATEMENT OF FUNDS**
|2.**STATEMENT OF FUNDS**||||||
|---|---|---|---|---|---|
|**General Funds**
**Restricted Funds**
Bell Fund
Organ Fund
Other Restricted Fund
Reserve Fund
Restoration Fund
Hall Refurbishment Fund
**Total Funds**|**Broug**
**ht**
**Forwar**
**d**
**£**
51,485
1,356
1,332
-
13,299
223,60
4
106,06
9
345,66
0
**397,14**
**5**|**Incomin**
**g**
**Resources**
**£**
129,217
42
58
60
582
6,709
4,649
12,100
**141,317**|**Resourc**
**es**
**Expende**
**d**
**£**
(130,850)
-
-
(60)
-
-
-
(60)
**(130,910**
**)**|**Transfe**
**r**
**between**
**funds**
**£**
102,922
-
-
-
-
(102,922
)
-
(102,922
)
**-**|**Carrie**
**d**
**Forwar**
**d**
**£**
152,77
4
1,398
1,390
-
13,881
127,39
1
110,71
8|
||||||254,77
8|
|||||||
||||||**407,55**
**2**|
**continue**
**Page 15**