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← The Parochial Church Council Of The Ecclesiastical Parish Of St Ann, Hanger Lane

2023-12-31-accounts

The Parochial Church Council of the Parish of St Ann, Hanger Lane

Report and Accounts Year ended 31 December 2023

1 Lamb's Passage, London EC1Y 8AB www.stewardship.org.uk

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST ANN, HANGER LANE

LEGAL & ADMINISTRATIVE DETAILS

FOR THE YEAR ENDED 31 DECEMBER 2023

ADDRESS FOR CORRESPONDENCE Avenue Road London N15 5JH

GOVERNING DOCUMENTS PCC Powers Measure 1956 and the Church Representation Rules 2011

CHARITY REGISTRATION NUMBER 1138028 MEMBERS OF THE PCC

Rev Jessica Swift (Incumbent & Chair) Rev Catherine Ellerby (Curate) Rev Elizabeth Fellows (Curate, Electoral Roll Officer)

Jasmin Archibald (Warden) Owen Sloman (Warden and Vice Chair) Alex Neofytou (Treasurer) Nesta Murray (Standing Committee) William Jefferies (Standing Committee) Siwan Sloman (Safeguarding Officer)

Catherine Orakwue (Deanery Synod representative) (resigned May 2023) Emma Archibald (Deanery Synod representative) Kathy Greenfield-Brown (Deanery Synod representative)

Ofuma Hall (resigned May 2023)

Joy Windsor (Electoral Roll officer) (resigned May 2023) Robert Horsley (Licensed Lay Minister) Christine Ngeri-Wilson (appointed May 2023) Richard Nsubuga (appointed May 2023) Adrian Mulcare Leonard Senior Geraldo Eghan Corlene Baird Jean Brown

Huw Richards (Secretary co-opted)

INDEPENDENT EXAMINER

Sarah Crispin ACA Stewardship 1 Lamb's Passage LONDON EC1Y 8AB

INDEX

Page 1 Legal & Administrative Details Pages 2-10 Trustees' Report Page 11 Independent Examiner's Report Page 12 Receipts and Payments Account Page 13 Statement of Assets & Liabilities Pages 14-16 Notes to the Accounts

Page 1

St Ann’s Church Tottenham

Avenue Road, N15 5JH Charity no: 1138028 Annual Report 2023 May 2024

The primary object of St Ann’s Parochial Church Council (PCC) is the promotion of the gospel of Christ according to the doctrines and practices of the Church of England. The PCC has the responsibility of promoting in the ecclesiastical parish the whole mission of the Church, pastoral, evangelistic, social and ecumenical. This is summarised in our mission statement: Belong, Believe, Be out there.

St Ann’s Church is a Resource Church in the Edmonton Area which includes a designated church planting curate. The PCC is committed to investing in leadership development, being generous, and growing a worshipping community on the Tiverton Estate. The PCC is a corporate body established by the Church of England. The PCC operates under the PCC Powers Measure. The PCC is a Registered Charity.

The PCC is also specifically responsible for the maintenance of St Ann’s Hall and the two flats therein, and the Fowler Newsam Trustees for the hall and cottage attached.

BELONG BELIEVE BE OUT THERE

Page 2

Belong, Believe, Be out there

This has been a year marked by creativity and collaboration!

We have grown relationships with CCX and the Resource Team; with ALMA, our partner church St Joseph’s in Angola and reaching out the Palops community here in Tottenham. We have strengthened our support and relationship to St Ann’s Primary School and reached out to build better relationships with Tiverton Primary, St Mary’s and Seven Sisters. We have rebuilt our relationship with St Ann’s Hospital and the new chaplain there. Each of our teams and groups have looked to ways of being creative, participative and open - the prayer ministry team hosted a prayer workshop, we hosted an Alpha open to all ages all at the same time, we had a community Palops Pentecost celebration! We have grown our relationships with community members and groups on the Tiverton estate, and started a ‘worshipping community’. We have looked at how we can foster the leadership around us, learning about vocations and growing the leadership we see at the front.

There were also some great celebrations. It was wonderful to celebrate with Elizabeth and Catherine their ordination to the priesthood, and to join with them as they presided for the first time. It was wonderful to celebrate the Kings Coronation and to be a part of a huge community celebration joining with the ‘The Big Help Out’ on the Tiverton. It was fun to have a Pentecost celebration with St Joseph’s in Angola. It was a privilege to celebrate with Bishop Rob the ministry and mission that had happened in Edmonton while he was bishop.

Our annual report is an overview of some of the ministry and mission of St Ann’s Church during 2023. As we begin, it is only right to recognise and say thank you to everyone who has given and contributed to St Ann’s. A particular thanks to our churchwardens Jasmin Archibald and Owen Sloman, to all the PCC, and everyone who gives their time week after week. St Ann’s is a community of welcome, hope and faith, and that is because of you.

BELONG BELIEVE BE OUT THERE

Page 3

Objectives and Activities - Jess Swift

The Parish Church Council (PCC) is committed to enabling as many people as possible to come to faith, grow in faith, worship, and to become part of our parish community. This year there was particular focus on our ‘Care for Creation’ as a mark of mission, expressed not least by the achievement of the Bronze standard of EcoChurch. July marked the start of our second year as a designated Resource Church in the Edmonton Episcopal Area. As such, the PCC continue to build its scheme around leadership development, creative worship, and community networking. The PCC aims to build the confidence and celebrate the diversity of the St Ann’s community. We give priority to community development, children and young people, ministry on our estates, and pastoral care. Our services and worship put faith into practice through prayer and scripture, music and sacrament.

When executing our activities for the year, we have considered the commission’s guidance on public benefit and, in particular, the supplementary guidance on charities for the advancement of religion. In particular, we aim to enable those in our community and parish to live out their faith through:

To facilitate this work it is important that we maintain the fabric of the Church of St Ann’s and all its buildings, including the Fowler Newsam Hall and St Ann’s Hall.

Worship and Prayer

The focus of worship and prayer centred around developing accessibility and celebrating diversity. Young leaders and lay ministry was particularly invested in.

Pastoral Care

The are two key areas where Pastoral Care has been developed. First, there was the formation of a Pastoral Care group, held by Joy Windsor. This group facilitates hospital visiting, home communion, and intercessions specifically, but oversees pastoral care in general alongside the clergy. The prayer ministry team led a ‘prayer workshop’ in September, as time to explore creative prayer.

BELONG BELIEVE BE OUT THERE

Page 4

Pastoral care likewise focused on re-building a strong relationship with St Ann’s Hospital, their chaplain and staff. We led seasonal services in the hospital at Easter, in the summer and Christmas. Catherine has given particular focus to this working relationship.

Mission and outreach work

There are three focus areas for mission and outreach: our mission partners, our worshipping community on the Tiverton Estate, and our EcoChurch commitment. An additional development in 2023, coming from our ALMA partnership with the diocese, was the exploration of a Palops community service.

Our mission partners continue to be: InterServe (Lucy Monk), ALMA (St Joseph’s Church) and CARIS in Tottenham. We also continued to give focus in our worship and take up a collection for the Children’s Society in December, TearFund in October and Christian Aid in May.

The second area of focus in mission has been on the Tiverton Estate. This is linked with the Resource funding and is covered in more detail later in the report.

The third area of focus is around the environment and our development as an EcoChurch. Again, this is a significant area of mission and is covered in more detail later in the report.

Children, youth and families

Sharon Mitchell is our children, youth, families and schools worker. We have a strong relationship with St Ann’s Primary School and work closely in supporting the school. Having young people at the centre of all of St Ann’s is a priority, key roles include our Youth Wardens (Pearl, Darlynne, Ricki and Dylan), and having the young people lead worship on a monthly basis in the All Age service. There is a section of this report dedicated to this ministry.

Structure, governance and management

The method of appointment of PCC members is set out in the Church Representation Rules. All those who attend our services and are members of the congregation are encouraged to register on the Electoral Roll.

The PCC members are responsible for making decisions on all matters of general concern and importance to the parish including deciding on how the funds of the PCC are to be spent. July was dedicated as a month to promote giving and stewardship. This year, the PCC invested in a device to better allow access to contactless giving.

BELONG BELIEVE BE OUT THERE

Page 5

St Ann’s Church

Church life this year was shaped by our commitment to growth and mission. Events and worship were developed around invitation, open access, shared participation. Here is a summary of life together, and some highlights from 2023:

Sundays dedicated to

Racial Justice in February Welcoming Bishop Rob for a confirmation service in March King’s Coronation in May

Live-streamed shared Pentecost celebration with St Joseph’s in Angola in May Elizabeth and Catherine presiding for the first time in June and July ALMA service at St Ann’s following on at St Paul’s Cathedral

Education Sunday in September

Bible study on Zoom - following these themes:

Forgiveness

CTT (Churches Together in Tottenham) on sharing your faith

Vocations

Revelation (the New Testament book)

Sermon series through the year on:

Personal testimonies of faith through Lent

As well as dedicating each fifth Sunday of the month to Vocations

Joshua and ‘being bold!’

Generosity through July

Creation-tide in the autumn

Black history month in October

Alpha

We hosted Alpha on-line in the Winter. It was deliberately right after Christmas so any visitors could be invited. Likewise, we hosted a second course after Easter.

There was one Alpha course which we ran through June and July. This was open to all ages, so there was youth Alpha and adult Alpha, with a shared meal all together. We hosted face to face and met in the church hall. Although there wasn’t a large group, it was good to meet in an informal setting.

BELONG BELIEVE BE OUT THERE

Page 6

Holy Week and Easter

Easter celebrations are always a highlight. The wonderful additions this year were our own make-shift choir to help lead the worship on Easter morning. Elizabeth led a huge Easter egg hunt on the Tiverton Estate.

Holy Week included a communion service on Maundy Thursday evening, joining with the ecumenical walk of witness on Good Friday morning. St Ann’s contributed flyers to give out to explain Good Friday. We had an All Age Stations of the Cross service on Friday afternoon, the church open for quiet prayer between 1-3pm, and a Service of Shadows at sunset on Friday evening. On Sunday morning we gathered on the church doorstep and welcomed in Easter morning at sunrise with a fire, sparklers and songs of praise!

Christmas

Christmas had an invitational focus, with the theme ‘Come Along Christmas’. Elizabeth led a fantastic live Nativity again including a donkey procession. The Carol Service included our make-shift choir. We gave space to writing community Christmas cards. And as Christmas Eve was a Sunday, our Christingle service was the morning service which meant that everyone was involved! We keep on embedding on our Christmas traditions, and there is definitely a sense of momentum and growth.

St Ann’s Church

There were 6 baptisms in 2023, 11 confirmations, no weddings, 2 sets of Banns read, and 10 funerals in church.

‘Open Church’ on Monday and Tuesday mornings for those visiting or looking for a quiet space to pray. Having the church as a colourful and creative space was enhanced by the knitting group knitting group making poppies for Remembrance and flower brooches for Mothering Sunday. We also had a banner making workshop in the autumn.

BELONG BELIEVE BE OUT THERE

Page 7

Safeguarding - Siwan Sloman (Safeguarding Officer)

It is essential that Safeguarding continues to maintain a high profile at St Ann’s. We want and take great care in working towards ensuring our parish is a safe place for all especially children and adults at risk of harm. Our Safeguarding Policy is renewed annually and is our guiding document in our practice. The PCC has complied with the duty under section 5 of the Safeguarding and Clergy Discipline Measure 2016, in relation to having due regard to the House of Bishop’s Policy and Practice Guidance on safeguarding children and adults at risk.

Our Safeguarding Policy was reviewed at the PCC meeting 21 June 2023, and should be reviewed next in June 2024. The Safeguarding officer is Siwan Sloman and Children’s champion is Nesta Murray.

Buildings - Jasmin Archibald (Warden)

The Quinquennial Inspection report was in January 2022. The following is a Fabric Report for 2023.

In March 2023 urgent repairs were carried out to the front pews on the right-hand side of the church. In October a smart gas meter was fitted in the church, it is not yet possible to have an electrical one fitted.

In November we continued to have some unwelcome leaks from the church roof so there were further repairs to slates and missing slates were replaced. Although this has not completely got rid of some leaks, the situation is now much improved.

We have ensured that all our gutters are cleaned and are maintained by IPH Solutions which is part of the Diocesan scheme.

There has been an on-going investigation, with our Quinquennial Architect (QA), to explore the possibility of installing toilets in the church. The first place this is being explored is in the vestry. The first step in this feasibility study was engaging a structural engineer to determine whether the vestry would be a suitable location. We engaged the Morton Partnership to help with this and they recommended two actions. First, that we monitor for one year the 6 prominent cracks along the inner and outer walls of the vestry. Measurements are taken each month to track any movement. This began in July 2023 and is still on-going. Second, that there were ground investigations conducted. This involved Fasttrack and Albury SI digging bore holes in strategic locations to determine the ground quality and presence of tree

BELONG BELIEVE BE OUT THERE

Page 8

roots. This was conducted in August 2023. At the end of the year of monitoring (July 2024), Morton Partnership will be able to provide a full report on the structural feasibility of the vestry.

Financial Review

The most notable point for 2023 was that the accounts show a deficit of about £10k although this was a significantly smaller deficit than the previous year. One of the key factors of the deficit was the large increase in our energy bills due to new contracts for both gas and electricity coming into force in the latter part of 2023. This shows particularly in the increased in Hall running costs.

Going forward to 2024, these increased energy costs are having significant impact on our cash flow and we are looking at measures to reduce this impact especially for the winter of 2024/5 when energy use is higher. Measures so far taken include increased grants from Fowler Newsam Hall and the replacement of the church lighting in April2024 which we anticipate will reduce church electricity useage.

Fowler Newsam Hall. Grants of £10k were received from the Fowler Newsam Hall and the FNH trustees have been able to increase the funding given towards St Anns children’s and youth work , from December 2023 onwards

Common Fund : We paid our Common Fund offer of £45000 in full to the Diocese

Giving by Church Members. Again a positive note. Planned Giving (standing orders and envelopes) show an increase of £5k over 2022 and collections(including contactless) have increased by around £3k. The planned giving figure includes Gift Aid claimed and a further sum of nearly £7k was due to be claimed at 31[st] December. This positive note shows a continued commitment to the work of St Anns by church members who continue to give even in difficult financial circumstances. The July Gift Month response (£5k) was also very encouraging.

Mission giving: Giving to other Christian Mission work during 2023 was broadly in line with the PCC’s commitment to give 10% of regular planned giving and collections a total of roughly £5.9k. The main amounts given were ALMA £1800, Christian Aid £527, TEAR Fund £500, Children’s Society £500, Interserve £600, CARIS £340 plus additional amounts from Knitting club sales and others totalled £5.8k

BELONG BELIEVE BE OUT THERE

Page 9

In summary 2023 was a challenging year but with the commitment of church members and God’s generous provision we can end the year on a positive note.

Reserves policy

The PCC has examined the requirements for free reserves, i.e. those unrestricted funds not invested in tangible fixed assets. The PCC considers that, given the nature of the church’s work, free reserves should be equivalent to approximately 3 month’s routine general fund

expenditure, plus committed future expenditure on other projects, where funds permit. The PCC is of the opinion that this provides sufficient flexibility to cover temporary shortfalls in incoming resources and will allow the church to cope and respond to unforeseen emergencies whilst specific action plans are implemented.

Obviously the available free reserves as at 31/12/23 did not meet the required level: measures to increase our reserves are mentioned in the Review above.

Responsibilities of trustees

Charity law requires the PCC to prepare financial statements for each accounting year which record the receipts and payments of the charity for the year.

The PCC is responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and enable us to ensure that the financial statements comply with the Charities Act 2011.

We also have a responsibility to safeguard the assets of the charity and to take reasonable steps to prevent fraud or any other irregularities.

Approval

This report was approved by the trustees on Wednesday 15th May 2024 and signed on their behalf by:

Revd Jess Swift

Date:

BELONG BELIEVE BE OUT THERE

Page 10

INDEPENDENT EXAMINER'S REPORT

TO THE TRUSTEES OF

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH

OF ST ANN, HANGER LANE

I report to the trustees on my examination of the accounts of the Parochial Church Council of the Ecclesiastical Parish of St Ann, Hanger Lane ('the charity') for the year ended 31 December 2023 on pages 12 to 16 following.

Responsibilities and basis of report

As the trustees of the charity, the members of the PCC are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the 2011 Act’).

I report in respect of my examination of the charity’s accounts carried out under section 145 of the Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 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 accordance with section 130 of the 2011 Act; or 2. the accounts do not accord with the accounting records.

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Sarah Crispin ACA

Stewardship 1 Lamb's Passage LONDON EC1Y 8AB

Date:

Page 11

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST ANN, HANGER LANE

RECEIPTS AND PAYMENTS ACCOUNT

FOR THE YEAR ENDED 31 DECEMBER 2023

Notes
Income receipts
Voluntary income
2(a)
Church activities
2(b)
Trading activities
2(c)
Other income
2(d)
Capital and similar receipts
Total receipts
Payments
Church activities
Common Fund
Clergy and staffing costs
3(a)
3(b)
3(c)
4
5
Total payments
Transfers between funds
Net movement in funds
Cash funds as at last year end
Cash funds at this year end
A
Loan receipt
Net of receipts / (payments) before transfers
Mission giving and donations
Purchase of fixed assets
Loans repayment
Church life & outreach costs
Property costs
Fundraising expenses		 General
Designated
Funds
Funds
£
£
75,323
14,153
6,119
-
42,573
15,799
122
4
124,137
29,956
-
-
-
-
124,137
29,956
45,000
-
541
-
43,002
14,006
38,980
7,519
127,523
21,525
-
-
3,413
-
130,936
21,525
-
-
884
1,768
884
1,768
131,820
23,293
(7,683)
6,663
6,887
(17,584)
(796)
(10,922)
1,154
16,602
358
5,680
Unrestricted Funds		 Restricted
Funds
£
22,798
-
400
-
23,198
-
-
23,198
-
28,156
1,514
-
29,670
-
2,433
32,103
-
-
-
32,103
(8,905)
10,697
1,792
5,572
7,364		 2023
£
112,273
6,119
58,772
126
177,291
-
-
177,291
45,000
28,697
58,522
46,499
178,718
-
5,847
184,564
-
2,652
2,652
187,216
(9,926)
-
(9,926)
23,328
13,402		 2022
£
127,772
4,893
56,631
3,614
192,908
3,938
3,938
196,846
40,000
27,442
54,458
72,031
193,930
-
2,217
196,147
19,538
-
19,538
215,686
(18,839)
-
(18,839)
42,167
23,328

The notes on pages 14 - 16 form part of these accounts.

Page 12

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST ANN, HANGER LANE STATEMENT OF ASSETS AND LIABILITIES

FOR THE YEAR ENDED 31 DECEMBER 2023

A Cash funds
Cash at bank with immediate access
Notice deposits
Petty cash
B
Other monetary assets
Gift aid due to charity
Lettings receivable
Other debtors
C
Liabilities
Falling due within one year
Loans
Pension creditor
Fee for Independent Examination
Agency creditor
Accrued expenses
Falling due after one year:
Loans
Total		 Unrestrict Designated
funds
£
5,457
-
223
5,680
-
-
-
-
-
-
-
-
-
-
-
-
-
ed Funds		 Restricted
funds
£
7,364
-
-
7,364
31
-
-
31
-
-
-
-
-
-
-
-
-		 2023
£
12,821
-
581
13,402
7,052
1,590
3,149
11,791
5,304
320
1,620
157
8,465
15,866
3,093
3,093
18,959		 2022
£
General
funds
£
-
-
358
358
7,021
1,590
3,149
11,760
5,304
320
1,620
157
8,465
15,866
3,093
3,093
18,959
23,058
-
270
23,328
3,631
1,190
6,024
10,845
2,652
-
-
-
3,500
6,152
8,397
8,397
14,549

The above loan is from the Diocese to fund the AV upgrade. The loan is repayable at a rate of £442 per calendar month and repayments started in July 2023. A total of £2,252 was paid during 2023.

D Assets retained for charity's own use

Fixtures, fittings & equipment
AV equipment		 Cost
£
70,242
37,698
107,940		 Current
value
£
-
4,885
4,885

Consecrated property, beneficed property and moveable church furnishings which require a special faculty for disposal are excluded from the above list of charity assets.

E Investment assets

Investment property
Church Hall Flats		 Current
value
£
730,000
730,000

The accounts were approved by the trustees and signed on their behalf by:

_____Revd Jess Swift Date: __

The notes on pages 14 - 16 form part of these accounts.

Page 13

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST ANN, HANGER LANE

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2023

1 Accounting policies

The accounts have been prepared on a receipts and payments basis and comprise a statement that shows the charity's receipts and payments, a statement that summarises the charity's assets and liabilities and related notes. The accountancy profession have determined that only accounts prepared in accordance with applicable accounting standards present a 'true and fair' view and, as these receipts and payments accounts have not (and cannot) be prepared in accordance with accounting standards, these accounts do not present (and are not intended to present) a 'true and fair' view of the charity's financial activities and state of affairs.

As the charity's income is less than £250,000, it has taken advantage of the option to prepare its accounts on a receipts and payments basis and the results reported previously on an accruals basis have been restated; further information is given in note 7 below.

General funds are unrestricted funds which are available for use at the discretion of the PCC in furtherance of the general objectives of the charity. Designated funds comprise unrestricted funds that have been set aside by the PCC for particular purposes. Restricted funds are donations which are to be used in accordance with specific restrictions imposed by donors; they include donations received from appeals for specific activities or projects.

2
a) Voluntary income
Planned giving
Collections and other donations
Legacies
Grants
Gift aid recovered
b)
Church activities
Fees for weddings and funerals
Fowler Newsam Hall recharges
c)
Trading activities
Property rental income - church hall flats
Property rental income - church hall
Mast income
Other trading income
d)
Other income
Interest from cash deposits
Insurance claim		 Unrestrict Designated
funds
£
7,220
6,933
-
-
-
14,153
-
-
-
-
-
15,799
-
15,799
4
-
4
ed Funds		 Restricted
Funds
£
-
6,627
-
15,932
239
22,798
-
-
-
-
-
-
400
400
-
-
-		 Total
2023
£
48,380
33,645
-
18,112
12,136
112,273
2,519
3,600
6,119
29,105
12,468
15,799
1,400
58,772
126
-
126		 Total
2022
£
General
funds
£
41,160
20,086
-
2,180
11,897
75,323
2,519
3,600
6,119
29,105
12,468
-
1,000
42,573
122
-
122
43,321
40,673
500
35,409
7,868
127,772
1,344
3,549
4,893
24,948
14,768
16,300
615
56,631
10
3,603
3,614

Page 14

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST ANN, HANGER LANE

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2023

3
a)
Clergy and staffing costs
Youth & schools workers
Running costs for clergy accommodation
Clergy expenses		 Unrestrict Designated
funds
£
-
-
-
-
ed Funds		 Restricted
Funds
£
28,156
-
-
28,156		 Total
2023
£
28,156
531
11
28,697		 Total
2022
£
General
funds
£
-
531
11
541
26,808
475
158
27,442

Jess Swift, Elizabeth Fellows and Catherine Ellerby are clergy members of the PCC. Jess Swift and Elizabeth Fellows receive a stipend from the Diocese; the cost of these stipends is not included in the above payroll cost however it should be noted that some of the Common Fund is used to help pay the stipends. Jess Swift is provided with accommodation (which is customary for clergy) and the cost of this accommodation to the PCC is disclosed in the above note. Elizabeth Fellows' accomodation is funded as part of our Resource Church status

b)
Church life & outreach costs
Cost of services
Children and youth ministry
Other ministry expenses
Church on the Farm costs
Tiverton costs
Outreach events
Independent examiner's fee
Support staff salaries
Administration costs
Staff expenses
c)
Property costs
Church running & maintenance
Major repairs to church
Church Hall running and maintenance
Church Hall flats running and maintenance
Major repairs to Church Hall flats		 373
-
1,392
-
2,262
1,450
1,890
26,344
7,144
2,147
43,002
16,274
-
21,856
850
-
38,980		 -
-
-
14,006
-
-
-
-
-
-
14,006
2,713
3,796
-
1,010
-
7,519		 -
1,514
-
-
-
-
-
-
-
-
1,514
-
-
-
-
-
-		 373
1,514
1,392
14,006
2,262
1,450
1,890
26,344
7,144
2,147
58,522
18,987
3,796
21,856
1,860
-
46,499		 3,245
1,007
767
12,528
90
2,073
1,440
25,024
7,984
300
54,458
18,855
17,130
14,299
1,747
20,000
72,031
4
Mission giving and donations
Mission in UK and overseas
Secular Charities		 2,909
505
3,413		 -
-
-		 2,433
-
2,433		 5,342
505
5,847		 2,010
207
2,217

3 members of the PCC are also trustees of the Fowler Newsam Hall Trust and the Emily Mary Robins Trust. During the year, the charity received £10,232 (2022: £11,400) in grants for youth work and £3,600 (2022: £3,549) in recharges to cover staff & other costs from FNH, and a £500 grant for Childrens' work from EMR. The chairty incurred £4,371 (2022: £304) expenditure on behalf of FNH.

During the year the charity received donations totalling £13,860 from related parties (which includes members of the PCC and anyone closed connected to them.

Page 15

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST ANN, HANGER LANE

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2023

6 Movement on designated, restricted and endowment funds

General funds
Designated funds
Church maintenance
Broadwater Farm General
HUT general
Restricted funds
Youth Fund
Mission Fund
Broadwater Farm Activities
Staff salaries
Projects
Total funds		 Opening
balance
£
755,600
9,882
6,105
615
16,602
1,927
480
3,290
-
-
5,697
777,899		 Change of
basis
(note 7)
£
(754,445)
-
(125)
(125)
(754,570)		 Receipts
£
124,137
15,803
14,153
-
29,956
12,249
2,066
5,200
2,684
1,000
23,198
177,291		 Payments
£
(131,820)
(9,287)
(14,006)
-
(23,293)
(9,224)
(2,433)
(2,719)
(17,726)
-
(32,103)
(187,216)		 Transfers
£
6,887
(15,961)
(1,008)
(615)
(17,584)
(4,346)
-
-
15,043
-
10,697
-		 Closing
balance
£
358
437
5,244
-
5,680
606
(13)
5,771
-
1,000
7,364
13,403

7 Reconciliation with previously reported funds

As explained in note 1 'Accounting Policies' , in the previous year the charity prepared its accounts using the accruals basis; in the current year the charity's income was less than £250,000 and the charity has taken advantage of the option to prepare its accounts on a receipts and payments basis. The comparatives presented in these accounts have been re-stated using the receipts and payments basis and a reconciliation with the reserves and results reported previously follows:

Reconciliation of reserves

Previously reported reserves, at 31 December
Adjustments arising from use of receipts and payments basis:
Exclusion of previously included fixed assets
Exclusion of previously included debtors
Exclusion of previously included creditors
Re-stated reserves, at 31 December
Previously reported results
Adjustments arising from use of receipts and payments basis:
Previously capitalised expenditure, less depreciation, now expensed
Excluded movements in debtors resulting in the recognition of more / (less) income
Excluded movements in creditors resulting in the recognition of less / (more) expenditure
Re-stated results
Reconciliation of results		 2022
£
777,898
(758,274)
(10,845)
14,549
23,328
2022
£
(3,545)
(10,114)
(6,563)
1,383
(18,839)		 2021
£
781,443
(748,160)
(4,282)
13,166
42,167

Page 16