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2020-12-31-accounts

St. John the Evangelist

Wembley Parish Church

Annual Report and Financial Statements

of the Parochial Church Council of the Ecclesiastical Parish

of St. John, Wembley

for the year ended 31 December 2020

Charity Number 1140226

Incumbent: The Rev’d Chinenye Ngozi Njoku

The Vicarage, Crawford Avenue. Wembley, Middlesex HA0 2HX

Bank:

Lloyds Bank PLC 564-568 High Road, Wembley, Middlesex HA0 2AB

Independent Examiner:

Frank M Weinberg FCA, FCCA, CTA

Somers Baker Prince Kurz LLP

Chancellors House, Brampton Lane, London NW4 4AB

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. JOHN, WEMBLEY

Contents
Page
Parochial Church Council’s Report 2 - 4
Independent Examiner’s Report 5 - 6
Statement of Financial Activities 7
Balance Sheet 8
Notes to the Financial Statements 9 - 13

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. JOHN, WEMBLEY

Annual Report for the year ended 31 December 2020

Administrative Information

St. John's Church is situated in the Harrow Road, Wembley, close to the corner of Crawford Avenue. It is part of the Diocese of London, within the Church of England. The address for correspondence is The Vicarage, 3 Crawford Avenue, Wembley, Middlesex, HA0 2HX.

The Parochial Church Council of the Ecclesiastical Parish of St. John, Wembley, is a charity registered with the Charity Commission, registration number 1140226.

The governing documents are the Parochial Church Council Powers Measure (1956) as amended and the Church Representation Rules.

The following trustees served during the year as members of the PCC:

Incumbent: The Rev’d Chinenye Ngozi Njoku (from 27 October 2020)

Licensed Lay Minister (Reader): Carole Bevis-Smith Wardens: Nkiru Egbochuku Gabriella Bright (to 25 October 2020) Carole Bevis-Smith (from 25 October 2020) Deanery Synod Representatives: Carole Bevis-Smith Morinola Coker (to 25 October 2020) Erica Elebiola (to 25 October 2020) Catherine Miller-Baldwin (from 25 October 2020) Elected Lay Members: Adekeye Ajayi (to 25 October 2020) Adetokunbo Adekeye Ajayi Robert Barker Amy Bevis-Smith Shauna Clarke Paul Dembo (from 25 October 2020) Venessa George-Poyser Catherine Miller-Baldwin (to 25 October 2020) Obiorah Nwanonye Chief Ayodele Oliyide Dr Joan Telford Zhane Thorpe (to 25 October 2020) Ernest Ward

Structure, Governance and Management

The method of appointment of the PCC members is as set out in the Church Representation Rules. All adults who attend services are encouraged to register on the Electoral Roll, and stand for election to the PCC. The PCC of a parish the size of St.John's, measured by having between 100 and 200 names on its electoral roll, may have twelve elected lay members. Members of the PCC serve for a term of three years, and traditionally one third of the membership retires by rotation at each APCM. Amy Bevis-Smith is due to retire by rotation in 2021, and two places are currently vacant. Should the Electoral roll fall below 100, the number of Elected Lay Members must be reduced. The three Deanery Synod representatives was reduced to two in 2020, as the electoral roll had fallen below 152.

Adekeye (Keye) Ajayi served as Treasurer up to the APCM, when he did not seek re-election to the PCC on his leaving Wembley. Robert Barker served as Secretary throughout the year. Carole Bevis-Smith was both our Safeguarding Officer, and Lead Checker for the Disclosure and Barring Service during 2020, and Simnbo Ajayi has continued to act as Children’s Champion.

The 2020 accounts have been examined by Frank M Weinberg of Somers Baker Prince Kurz LLP.

-2-

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. JOHN, WEMBLEY

Annual Report for the year ended 31 December 2020

Objectives and Activities

St. John’s PCC has the responsibility of promoting within the ecclesiastical parish the whole mission of the Church, pastoral, evangelistic, social and ecumenical. Under normal circumstances, this would be in co-operation with the Incumbent, but the vacancy during the first ten months of 2020 placed an added responsibility upon the PCC. It also oversees the operation of St. John’s Community Centre, which it shares with representatives of the Workmen’s Hall Trust (Wembley).

The PCC met on seven occasions during 2020, two of which were through the facility of Zoom during the Covid19 pandemic. Only the January and December meetings were to transact regular business. The Bishop of Willesden met us in February to update the PCC about his thoughts for the future of St. John’s, two meetings were entirely concerned with re-opening the church building to worship, and the remaining one was to adopt the 2019 accounts. Attendance at meetings varied between six and nine, the average being just under eight.

Review of the year ended 31 December 2020

The year 2020 was almost certainly the strangest in the 174 year history of St. John’s Church. The most welcome day of the year was 27 October 2020, when The Rt. Rev’d Pete Broadbent, Bishop of Willesden, licensed The Rev’d Chinenye Ngozi Njoku as our Priest in Charge, after an interregnum of almost exactly two years, the longest in the history of our parish. She came to us from the Garrison Group of Church of Ireland parishes, situated in the most westerly part of Co. Fermanagh, and Northern Ireland. Through the marvels of modern technology, a representative of her previous congregation was able to speak at the licensing ceremony and commend Rev’d Ngozi to us. The reality of the Covid-19 pandemic made the licensing ceremony and start of her ministry more subdued than we would have liked, but she soon became accepted and loved by the Congregation.

Rev’d Ngozi was only the second Priest-in-Charge (as distinct from vicar) appointed to St. John’s, the first being The Rev’d Bryan Wadland, who was with us from 1993-1999. The most significant events during his tenure were the Sesquicentenary Celebrations in 1996, and initiating the Land Development project, which gave us our splendid Community Centre. He died after a full life and a long illness, and his funeral took place on 28 February 2020. The cremation service was conducted by The Rev’d Linda Hillier, a former member of St. John’s PCC and the thanksgiving for his life at St. Giles, Ickenham was attended by several long-standing members of the PCC and congregation.

2020 began fairly normally, with the immediate needs of the parish during an interregnum a far greater concern than an infection in China. Here it is right to record with gratitude the way that Nkiru Egbochuku, our only active Churchwarden, expended so much time and energy in the service of St. John’s. Finding clergy willing to celebrate Holy Communion was an especially arduous task, and to her great credit, she always succeeded. The pattern of 9.30 a.m. and 11.00 a.m. Sunday services, and Holy Communion on Thursdays continued up to 15 March 2020, the third Sunday in Lent. In early 2020, the P.C.C. participated in the Diocesan Past Case Review of any failure to safeguard children or vulnerable adults. On 20 January 2021, St. John’s hosted Fire Marshall training, open to parishes throughout the Area. A Quiet Morning took place in the Church on 22 February 2020, on the eve of Lent. Looking ahead, a committee was being recruited to plan special events in the parish.

On 27 February 2020, the PCC was visited by The Bishop of Willesden, to update us on his plans for St. John’s. In July 2019 he had contemplated the idea of combining our parish with St. Michael’s, Tokyngton and also establishing a new mission within the new Wembley Park development. He had now decided not to proceed with this scheme but floated an alternative option. This involved ‘planting’ a congregation from Holy Trinity, Brompton, into our Church, something which they were keen to do at a location in North West London. The suggestion was received with polite interest, rather than enthusiasm.

Things changed spectacularly on 17 March 2020, when The Archbishop of Canterbury appeared on B.B.C. news to announce that as Covid-19 had become a pandemic, and was affecting Britain, in line with Government recommendations, all Anglican churches would close until further notice. Worship the following Sunday went ahead by means of a conference call, and thanks to research by Carole Bevis-Smith, St. John’s was an early user of Zoom. The first Zoom service took place on 5 April 2020, Palm Sunday. Both systems ran in parallel for some weeks, but the conference call suffered from variable sound quality, was very expensive on some tariffs, and lacked the visual image provided by Zoom. Services have continued to be made available on Zoom, even after the church building was reopened on 20 September 2020.

-3-

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. JOHN, WEMBLEY Annual Report for the year ended 31 December 2020

Review of the year ended 31 December 2020

Closure of the Church and our Community Centre had, naturally, an adverse effect on our income, which was offset to some extent by a legacy of £20,000 from Daphne Edwards, a long standing member of the Congregation, who had previously donated £60,000 to our roof renewal appeal. Part of this money came from Daphne's brother Brian Robinson, who for many years maintained our Organ. In recognition of this, it was agreed at the December PCC meeting to complete the organ refurbishment by adding the new stop which had already been agreed.

Anti-social behaviour in the Churchyard, especially in the secluded area North of the Church remains a problem. A meeting took place on 26 June 26 2020 between Tony Martin of Brent Cemeteries, Jon Bolter the St. John’s Architect, Leslie Bevis-Smith, Nkiru Egbochuku and Robert Barker to devise a scheme which would deter undesirables, yet not present a barrier to worshippers and potential worshippers. A plan to fence off the most problematic area has been devised, but implementation depends on grant funding, applications for which are in progress.

After the Church was locked up for months, it was surprisingly free from surface dust and dirt, but it was decided that a deep clean of the Church and Community Centre should take place before re-opening. After four companies were approached, it was decided to proceed with Ecologico, who were present from 5 August 2020 to 11 August 2020. Once the process was complete, Dr Joan Telford undertook a risk assessment prior to reopening, and on 3 September 2020, the PCC met in the Church to devise a strategy to make it as safe as possible for worshippers and compile a shopping list of required items. It was also decided that there could only be a single Sunday service at 10.30 a.m., though the Thursday service would be able to continue.

Our re-opening service took place on Sunday 20 September 2020, with The Right Rev'd Pete Broadbent preaching the sermon. Transmission of the Sunday service by Zoom has continued for those who felt they should self-isolate, and an unexpected result has been that members of the Congregation living away from Wembley, have been able to join us again. This pattern of worship, much enhanced by Rev'd Ngozi’s joining us in November 2020, continued for the rest of the year. With Covid-19 becoming resurgent, the church building had to be closed once again on 10 January 2021.

Financial Review

During the year ended 31 December 2020, the unrestricted incoming resources amounted to £79,672 and the unrestricted resources expended amounted to £106,846 resulting in net unrestricted outgoing resources of £27,174.

During the year ended 31 December 2020, the restricted incoming resources amounted to £18 and the restricted resources expended amounted to £4,000 resulting in net restricted outgoing resources of £3,982.

Reserves policy

At 31 December 2020, the unrestricted funds amounted to £171,747. The PCC has decided that the amount designated for structural repairs and long term maintenance of the Community Centre and for community action is maintained at £80,000.

It is the PCC aim to maintain a balance on unrestricted funds to cover at least three months unrestricted payments and also to build up reserves to fund known future significant building and maintenance works. With the amounts required for the future works now designated the General Fundis in line with this aim.

Funds in excess of the immediate requirements of the PCC are invested with the CBF Church of England Deposit Fund.

Approved by the Parochial Church Council on2¥May 2021 and signed on its behalf by

The Rev'd Chinenye Ngozi Njoku (Chairperson)

-4-

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. JOHN, WEMBLEY

Independent Examiner’s Report to the Members of the Parochial Church Council of the Ecclesiastical Parish of St. John, Wembley

I report on the financial statements of the Parochial Church Council of the Ecclesiastical Parish of St. John, Wembley for the year ended 31 December 2020, which are set out on pages 7 to 13.

Respective responsibilities of the Parochial Church Council and examiner

The members of the Council are responsible for preparing its annual report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) which give a true and fair view of the state of the church’s affairs as at the end of each financial year and of its incoming resources and the application of resources for the year then ended.

In preparing those financial statements, the members of the Parochial Church Council are required to:

The members of the Parochial Church Council are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the church and to enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts & Reports) Regulations 2008 and the Church Accounting Regulations 2006. They are also responsible for safeguarding the assets of the church and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The members of the Parochial Church Council consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the Charities Act) and that an independent examination is needed.

It is my responsibility to:

-5-

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. JOHN, WEMBLEY

Independent Examiner’s Report to the Members of the Parochial Church Council of the Ecclesiastical Parish of St. John, Wembley

seeeseeeeeeeee--- CONTINUECT

Basis of independent examiner’s report

My examination was carried out in accordance with General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the financial statements presented with those records. It also includes consideration of any unusual items or disclosures in the financial statements, and seeking explanations from the members of the Parochial Church Council concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the financial statements present a ‘true and fair view’ and the report is limited to those matters set out in the statement below.

Independent examiner’s statement

In connection with my examination, no material matters have come to my attention which gives me cause to believe that, in any material respect:

| have come across no other matters in connection with the examination to which attention should be drawn in this report in ordey {o enable a proper understanding of the financial statements to be reached.

Frank M Weinberg FCA, F

Somers Baker Prince Kurz LLP

Chartered Accountants and Chartered Certified Accountants

Chancellors House

Brampton Lane

London

NW4 4AB

Date: 28 May 2021

-§-

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. JOHN, WEMBLEY

STATEMENT OF FINANCIAL ACTIVITIES - For the year ended 31 December 2020

Note
INCOMING RESOURCES
Voluntary income
2(a)
Activities for generating funds
2(b)
Income from church activities
2(c)
Income from investments
2(d)
TOTAL INCOMING RESOURCES
RESOURCES EXPENDED
Church activites
3(a)
Governance costs
3(b)
TOTAL RESOURCES EXPENDED
NET INCOMING/(OUTGOING) RESOURCES
NET MOVEMENTS IN FUNDS
Balances brought forward at 1 January 2020
Balances carried forward at 31 December 2020		 Unrestricted
Funds
Restricted
Funds
Endowment
Funds
Total Funds
2020
£
£
£
£
47,156.74
0.00
0.00
47,156.74
4,167.91
0.00
0.00
4,167.91
27,944.23
0.00
0.00
27,944.23
403.16
18.00
0.00
421.16
79,672.04
18.00
0.00
79,690.04
103,327.76
4,000.00
0.00
107,327.76
3,518.20
0.00
0.00
3,518.20
106,845.96
4,000.00
0.00
110,845.96
(27,173.92)
(3,982.00)
0.00
(31,155.92)
(27,173.92)
(3,982.00)
0.00
(31,155.92)
198,641.53
375,776.26
9,904.28
584,322.07
171,467.61
371,794.26
9,904.28
553,166.15		 Total Funds
2019
£
40,818.49
6,840.68
88,713.01
739.04
137,111.22
148,270.74
3,670.00
151,940.74
(14,829.52)
(14,829.52)
599,151.59
584,322.07

The notes on pages 9 to 13 form part of these financial statements

-7-

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. JOHN, WEMBLEY

BALANCE SHEET as at 31 December 2020

----- Start of picture text -----
2020 2019
Note £ £ £ £
FIXED ASSETS
Tangible fixed assets 4 376,584.60 388,471.94
376,584.60 388,471.94
CURRENT ASSETS
Debtors 5 17,068.50 13,679.79
Cash at bank and short-term deposits
Lloyds current accounts 72,455.55 93,986.42
CBF Church of England deposit fund 99,523.22 99,102.06
171,978.77 193,088.48
189,047.27 206,768.27
LIABILITIES : AMOUNTS FALLING DUE
WITHIN ONE YEAR 6 (12,465.72) (10,918.14)
NET CURRENT ASSETS 176,581.55 195,850.13
TOTAL ASSETS LESS LIABILITIES 553,166.15 584,322.07
PARISH FUNDS 7
Unrestricted 171,467.61 198,641.53
Restricted 371,794.26 375,776.26
Endowment 9,904.28 9,904.28
Total 553,166.15 584,322.07
----- End of picture text -----

Approved by the Parochial Church Council oOMay 2021 and signed on its behalf by

% The Rev'd Chinenye Ngozi Njoku (Chairperson)

The notes on pages 9 to 13 form part of these financial statements

-8-

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. JOHN, WEMBLEY

NOTES TO THE FINANCIAL STATEMENTS - For the year ended 31 December 2020

1 ACCOUNTING POLICIES

Basis of accounting

The PCC is a public benefit within the meaning of FRS102. The financial statements have been prepared under the historical cost convention and in accordance with the Church Accounting Regulations 2006 governing the individual accounts of PCCs, the Charities Act 2011, the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014 and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102).

Funds

General funds represent the funds of the PCC that are not subject to any restrictions regarding their use and are available for application on the general purposes of the PCC. Funds designated for a particular purpose by the PCC are also unrestricted.

The accounts include all transactions, assets and liabilities for which the PCC is responsible in law. They do not include the accounts of church groups that owe their main affiliation to another body or those that are informal gatherings of church members.

Incoming resources

Voluntary income and capital sources

Collections are recognised when received by or on behalf of the PCC. Planned giving receivable under Gift Aid is recognised only when received. Grants and legacies to the PCC are accounted for as soon as the PCC is notified of its legal entitlement, the amounts due are quantifiable and their ultimate receipt by the PCC is reasonably certain.

Funds raised by fairs and similar events are accounted for gross. Sales of books and magazines from the church bookstall are accounted for gross.

Income from Investment

Interest entitlements are accounted for as they accrue.

Resources expended

Grants

Grants and donations are accounted for when paid over, or when awarded, if that award creates a binding obligation on the PCC.

Activities directly relating to the work of the Church

The diocesan parish share is accounted for when paid. Any parish share unpaid at 31 December 2020 is provided for in these financial statements as an operational (though not a legal) liability and is shown as a creditor in the Balance Sheet.

Fixed assets

Consecrated and beneficed property of any kind is excluded from the financial statements by section 10 of the Charities Act 2011.

Fixtures, fittings and equipment used in the church premises are depreciated on a straight-line basis over four years. Individual items of fixtures, fittings and equipment with a purchase price of less than £1,250 are written off when the individual assets are acquired.

Church hall is depreciated on a straight line basis over the expected useful life of one hundred years.

Current assets

Amounts owing to the PCC at 31 December 2020 in respect of fees, rents or other income are shown as debtors less provision for amounts that may prove uncollectible.

Short-term deposits include cash held on deposit either with the CBF Church of England Funds or at the bank.

-9-

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. JOHN, WEMBLEY

NOTES TO THE FINANCIAL STATEMENTS - For the year ended 31 December 2020

Unrestricted
Funds
Restricted
Funds
Endowment
Funds
Total Funds
2020
£
£
£
£
2
INCOMING RESOURCES
2(a)
Voluntary income
Planned giving :
Gift aid donations
20,000.00
20,000.00
Other
1,813.50
1,813.50
Tax recoverable
5,000.00
5,000.00
Tax over/(under) recovered (prior years)
(1,072.24)
(1,072.24)
Repayment interest on tax recovered
0.00
0.00
Collections (open plate)
985.48
985.48
Donations (unrestricted) / Appeals
0.00
0.00
Sundry donations
430.00
430.00
Legacies
20,000.00
20,000.00
47,156.74
0.00
0.00
47,156.74
2(b)
Activities for generating funds
Events
844.43
844.43
Power generation
3,323.48
3,323.48
4,167.91
0.00
0.00
4,167.91
2(c)
Income from operating activities to further the work of the Church
Lettings income
27,826.49
27,826.49
Church fees
117.74
117.74
27,944.23
0.00
0.00
27,944.23
2(d)
Income from Investments
CBF fund Interest
403.16
18.00
421.16
403.16
18.00
0.00
421.16
Total incoming resources
79,672.04
18.00
0.00
79,690.04		 Total Funds
2019
£
26,000.00
2,296.77
6,500.00
(22.07)
27.01
4,692.41
422.37
902.00
0.00
40,818.49
3,544.51
3,296.17
6,840.68
88,490.01
223.00
88,713.01
739.04
739.04
137,111.22

-10-

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. JOHN, WEMBLEY

NOTES TO THE FINANCIAL STATEMENTS - For the year ended 31 December 2020

3
3(a)
3(b)
Total re		 RESOURCES EXPENDED
Church activities
Missionary and charitable giving
Ministry: London Diocesan Fund
Other ministry costs
Sequestration rebate
Musicians and music
Organ restoration/maintenance
Church and grounds repairs
Church heating, lighting and water
Church insurance
Church security costs
Bank charges
Church general expenses
Church hall running costs
Administration
Salary, NI and pension
Job retention scheme grant
Printing, postage and stationery
Telephone and internet
Caretaker
Cleaning
Electricity
Gas
Insurance
Maintenance
Safety and security
Sundry expenses
Supplies
Waste
Water
Junior church work expenses
Outreach expenses
Printing and stationery
Depreciation on church furniture and
equipment
Depreciation on church hall
Governance costs
Legal and professional fees
Accountancy fees (under-provided)
Accountancy fees
sources expended		 Unrestricted
Funds
Restricted
Funds
Endowment
Funds
Total Funds
2020
£
£
£
£
0.00
0.00
33,835.00
33,835.00
1,094.27
1,094.27
0.00
0.00
1,418.00
1,418.00
648.00
648.00
1,779.00
1,779.00
3,003.10
3,003.10
3,836.91
3,836.91
939.95
939.95
255.24
255.24
967.46
967.46
48.00
48.00
12,667.72
12,667.72
(2,761.18)
(2,761.18)
2,285.63
2,285.63
1,946.97
1,946.97
2,720.50
2,720.50
3,760.50
3,760.50
4,292.49
4,292.49
1,579.43
1,579.43
1,897.11
1,897.11
7,601.84
7,601.84
6,764.79
6,764.79
497.97
497.97
817.02
817.02
3,047.39
3,047.39
397.82
397.82
47,564.00
47,564.00
0.00
0.00
0.00
0.00
99.49
99.49
7,887.34
7,887.34
4,000.00
4,000.00
103,327.76
4,000.00
0.00
107,327.76
328.20
328.20
0.00
0.00
3,190.00
3,190.00
3,518.20
0.00
0.00
3,518.20
106,845.96
4,000.00
0.00
110,845.96		 Total Funds
2019
£
950.00
59,483.00
5,926.93
(3,394.25)
4,300.99
192.00
1,695.29
6,369.42
3,480.71
48.32
483.84
1,402.51
5,658.00
3,120.00
0.00
1,866.83
2,048.27
3,094.00
5,061.40
4,771.29
1,481.09
1,846.00
13,036.07
3,230.97
500.00
448.01
3,581.70
1,266.67
51,010.30
385.50
280.48
232.56
11,423.14
4,000.00
148,270.74
360.00
120.00
3,190.00
3,670.00
151,940.74

-11-

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. JOHN, WEMBLEY

NOTES TO THE FINANCIAL STATEMENTS - For the year ended 31 December 2020

4 FIXED ASSETS

Tangible fixed assets

Tangible fixed assets
Cost
At 1 January 2020
At 31 December 2020
Depreciation
At 1 January 2020
Charge for the year
At 31 December 2020
Net book values
At 31 December 2020
At 31 December 2019		 Unrestricted
funds
Restricted
funds		 Total funds
Church
Furniture
and
Equipment
Church
Hall
Total
£
£
45,692.56 400,000.00 445,692.56
45,692.56
400,000.00
445,692.56
25,220.62
32,000.00
57,220.62
7,887.34
4,000.00
11,887.34
33,107.96
36,000.00
69,107.96
12,584.60
364,000.00
376,584.60
20,471.94
368,000.00
388,471.94

The expenditure in respect of St John's Community Centre has been capitalised and treated as restricted because the contribution made by The Incorporated Trustees of Workmen's Hall in 2010 was on the basis that on the completion of the Community Centre, an underlease would be granted by Asra Greater London Housing Association Limited to the London Diocesan Fund (as trustee of the Parochial Church Council of Ecclesiastical Parish of St. John, Wembley) for a term of 125 years from 25 December 2009.

5 DEBTORS

Tax recoverable (Gift aid)
Church insurance prepaid
CCLI licences prepaid
Church security costs prepaid
Church hall insurance prepaid
Church hall running costs prepaid
Church hall income accrued
Power generation (Feed in Tariff) income accrued		 2020
2019
£
£
10,427.76
6,500.00
283.48
278.04
733.43
0.00
358.71
355.20
1,644.65
1,629.99
934.37
306.22
0.00
1,314.17
2,686.10
3,296.17
17,068.50
13,679.79

6 LIABILITIES : AMOUNTS FALLING DUE WITHIN ONE YEAR

Common Fund (The London Diocesan Fund)
Other ministry costs
Musicians and music
Organ restoration/maintenance
Church roof repairs
Church heating, lighting and water
Church general expenses
Church hall running costs
Church hall refund of deposit
Accountancy fees		 2020
2019
£
£
2,000.00
0.00
0.00
1,302.87
0.00
336.00
456.00
0.00
1,432.74
1,432.74
586.28
874.84
61.16
0.00
4,739.54
2,781.69
0.00
1,000.00
3,190.00
3,190.00
12,465.72
10,918.14

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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. JOHN, WEMBLEY

NOTES TO THE FINANCIAL STATEMENTS - For the year ended 31 December 2020

7 ANALYSIS OF NET ASSETS BY FUND

Fixed Assets
Tangible fixed assets
Church furniture and equipment
Church hall
Current Assets
Designated Funds
Structural repairs and long term
maintenance of the community centre
and for community action
General Fund
Current Liabilities
General Fund
FUND DETAILS
Unrestricted Funds
Structural repairs and long term
maintenance of the community centre
and for community action
General Fund
Restricted Funds
Woolley Trust Fund
Sudbury, Wembley & Alperton Youth project
Community Hall
Endowment Funds
Woolley Trust Fund
Parish Funds		 Unrestricted
Funds
Restricted
Funds
Endowment
Funds
Total
£
£
£
£
12,584.60
0.00
0.00
12,584.60
0.00
364,000.00
0.00
364,000.00
12,584.60
364,000.00
0.00
376,584.60
80,000.00
0.00
0.00
80,000.00
91,348.73
7,794.26
9,904.28
109,047.27
171,348.73
7,794.26
9,904.28
189,047.27
(12,465.72)
0.00
0.00
(12,465.72)
171,467.61
371,794.26
9,904.28
553,166.15
1 Jan 2020
Incoming
Resources
Resources
Expended
Transfers
31 Dec 2020
80,000.00
0.00
0.00
0.00
80,000.00
118,641.53
79,672.04
(106,845.96)
0.00
91,467.61
198,641.53
79,672.04
(106,845.96)
0.00
171,467.61
726.26
18.00
0.00
0.00
744.26
7,050.00
0.00
0.00
0.00
7,050.00
368,000.00
0.00
(4,000.00)
0.00
364,000.00
375,776.26
18.00
(4,000.00)
0.00
371,794.26
9,904.28
0.00
0.00
0.00
9,904.28
9,904.28
0.00
0.00
0.00
9,904.28
584,322.07
79,690.04
(110,845.96)
0.00
553,166.15

8 FUND DETAILS

The restricted funds comprise the dividends and interest of £744.26 received from the Woolley Trust Fund, restricted donations of £7,050.00 and the contribution of £400,000 from the Workmen's Hall Trust (registered charity number 210454) less accumulated depreciation.

The endowment fund comprises the Woolley Trust Fund.

9 POST BALANCE SHEET EVENTS

The voluntary income and the income from church activities had been significantly affected by the impact of COVID-19 in 2020 and 2021 due to restrictions on church services and letting of the community centre.

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