## **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 2021** ## **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:** Martin Tiano FCA 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 2021** ## **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 Licensed Lay Minister (Reader): Carole Bevis-Smith Church Wardens: Nkiru Egbochuku Carole Bevis-Smith (to 30 May 2021) Diphath Muwonge (from 30 May 2021) Mabel Muwonge (from 30 May 2021) Deanery Synod Representatives: Carole Bevis-Smith Catherine Miller-Baldwin Elected Lay Members: Adetokunbo Adekeye Ajayi Robert Barker Amy Bevis-Smith (to 30 May 2021) Leslie Bevis-Smith (from 30 May 2021) Rita Chiamonwu (from 30 May 2021) Shauna Clarke Paul Dembo Venessa George-Poyser Obiorah Nwanonye Diphath Muwonge (from 30 May 2021) Chief Ayodele Oliyide Dr Joan Telford 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. Adetokunbo Adekeye Ajayi, Obiorah Nwanonye, Chief Ayodele Oliyide and Dr Joan Telford are due to retire by rotation in 2021. As the electoral roll is below 152, St. John’s has two representatives on the Deanery Synod. Venessa George-Poyser took over the vacant office of Treasurer from March 2021. 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 2021, and Simnbo Ajayi has continued to act as Children’s Champion. Our Health & Safety Officer in 2021 was Dr Joan Telford. The 2021 accounts have been examined by Martin Tiano 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 2021** ## **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 in co-operation with the Incumbent (Priest-in-Charge). It also oversees the operation of St. John’s Community Centre, which it shares with representatives of the Workmen’s Hall Trust (Wembley) by means of a joint committee. The PCC met on seven occasions during 2021, with attendance ranging between eight and twelve, and an average of just below ten. Because of the Covid 19 pandemic, three meetings were held through the facility of Zoom. ## **Review of the year ended 31 December 2021** The year 2021 began with the Government having imposed tiers of restriction upon public gatherings on a regional basis to halt the spread of Covid 19, but we were able to hold our Holy Communion service on New Year’s Eve. Worship in the Church took place the following Sunday, after which a rising death toll from Covid forced closure until Maundy Thursday, when our service was presided over by the recently appointed Archdeacon of Northolt. The Vigil at the Cross on Good Friday was held through the agency of Zoom, and Sunday morning worship resumed from Easter Day. Covid restrictions put an end to the 9.30 a.m. and 11.00 a.m. pattern of worship, since when there has been a single Sunday morning service at 10.30 a.m. combining traditional and informal styles of worship. Restrictions on assembly also greatly restricted activities of the PCC, with just one business meeting (other than a meeting to consider the 2020 accounts) held in the first half of the year. The first meeting in July was largely taken up with the election of officers and committees. Diphath Muwonge was appointed as Deputy Warden, there being a requirement to appoint two Churchwardens at the Annual Parish Meeting. In practice, Diphath and Mabel have served as a husband-and-wife team. Diphath Muwonge has also been appointed to the new role of Creation Champion. Venessa George-Poyser took over the office of Treasurer, with a smooth handover, from Adekeye Ajayi, and she was able to present the account in a competent and efficient manner. 2021 saw a transition to internet banking, which means that invoices and cheques no longer need to be seen by authorised signatories, thus speeding up the process of making payments. Each year, we, like all London parishes, pay into the London Diocesan Fund, through which clergy stipends and other church expenses are paid. In acknowledgement of the way that both our income and our expenditure had fallen in 2021, our requested contribution to the Fund was £23,537 compared with £59,483 in 2019. Our principal project during the year was placing a fence around the North side of the Church, which was entirely paid for by Neighbourhood Community Infrastructure Levy and Harvist Trust grants. This area has been used by rough sleepers, drug dealers and alcohol addicted men for a range of anti-social and illegal activities, making the church path an unpleasant environment for both the congregation and the local people who use the path as a short cut. It has been made possible by Leslie Bevis-Smith liaising with our Architect, Jon Bolter, to prepare a design which would obtain approval from the Diocesan Advisory Committee and Brent Council, and Robert Barker, who secured the grant funding. The fences were erected in February 2022. In the latter part of the 2021, consideration was given to the complete renewal of the electric wiring in the Church, much of which does not have current certification. In the event of an insurance claim, this would almost certainly invalidate our policy. It is a considerably but unavoidable expense, and the work will be carried out later in 2022. As and when finances permit, we have considered reinstating the former oak gates to the lych gate, but fully automated, so the path can be closed at night-time. 2021 was the first full year of the incumbency of Rev’d Chinenye Ngozi Njoku, who came to us at the end of October 2020, only to have her new Church closed down from Epiphany to Easter 2021. Worship continued by means of Zoom, and after we were able to return to the building, our Health & Safety Officer, Dr Joan Telford ensured all precautions were in place. Some parishioners still preferred to worship by means of Zoom. Social events were unthinkable for much of the year, but the pandemic had subsided sufficiently by 30 October 2021 for us to hold a much-delayed welcoming party for of Rev’d Chinenye Ngozi Njoku, which doubled as a first anniversary party. **-3-** THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. JOHN. WEMBLEY Annual Report for Ihe yoar onded 31 December 2021 Revlow of Iho year onded 31 Decamber 2021 Flnancial Review During the year ended 31 Dec8mb8r 2021, the unrestricted incoming resources amounted to £98,456 and the unrestricl8d resources expended amounted to £96,678 resuming in nel unreslricled incoming resources of £1.778. During the year ended 31 Decembèr 2021, the restricted incoming rescrtJr¢es amounted to £4 and the restricted resources expended amounted lo £4.000 resutting in net reslri¢ted outgoing resources of £3,996. Resèrves pollcy At 31 December 2021, the unrestricted lunds amounted to £173,246. The PCC has decided Ihal Ihe amounl designated lor slruclural repairs and long-lemi mainlenance of Ihe Community Centre and lor community action is maintained al £80,000. It is the PCC aim to mainlain a balance on unreslricled funds to Cover at least three months unrestricted payments and lo buikj up reserves to fund known fulure significant building and maintenance works. With the amounts required lor the lulure works now designated the General Fund is in line with Ihis aim. Funds in excess of the immediate requirements of the PCC are invested with the CBF ChLtrch of England Dewsit Fund. Approved by the Par¢xhial Church Council on 26 May 2022 and signed on its behalf by Th8 Rev'd Chinenye Ngozi Njoku (Chairperson) **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 2021, 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: - (a) select suitable accounting policies and then apply them consistently; - (b) make judgements and estimates that are reasonable and prudent; - (c) prepare the financial statements on the going concern basis unless it is inappropriate to assume that 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: - examine the financial statements under section 145 of the Charities Act; - follow the procedures laid down in the General Directions given by the Charity Commission under section 145(5)(b) of the Charities Act; and - state whether particular matters have come to my attention. ...................continued -5- THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. JOHN, WEMBLEY Independent Examlnor's Report to Ihe Membors of the Parochlal Church Councll of the Eccle81a6ti¢al Parlsh of SL John, Wembley Basls of independent examlnerfs report My examination was carried out in a¢¢ordance wrf(h General Directions given by the Charity Commission. An examination includes a review of the accounting words kept by the charity and a comparison of the financial statements p￿seftted with those re¢ords. It also includes consijerats'on of any unusual items or dixlosures in the financial ststements, and seeking explanations from the members of the Parochial Church Council conceming any such matters. The prceedU￿ undertaken do not provide all the evidence that would be quired in an audiL and consequently no opinion is given as to whether the finanoial statements present a 'Irue alld fair view, and the report is lirnited to those matters set out in the statement below. Independ8nt axamlneV8 8tatement In connection wrth my examination, no material matters have Come to my attention which gives me cause to believe that, in any material respect.. the accounting re￿rdS were nol kept in ac¢ordance with section 130 of the Charities Ac( or the financial statements did not accord with the accounting records.. or the financial statements did not comply with the applicable requirements concerning the form and contents of the financial $talement$ set out in the Charits'es (Accounts and Reports) Regulations 2008 other than any requirement that the financial statements give a 'true and fairf view wh￿h is not a matter considered as part of an independent examination. I have come across no other matters in conneth'on with the examination to whrch attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached. Martln Tlano FCA Somern Baker Prfnce KurL LLP Chartered Accountants and Chartered Certlfled Accountsnts Chancellots Hou80 Brampton Lane London NW4 4AB Dato: 26 May 2022 ## **THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. JOHN, WEMBLEY** ## **STATEMENT OF FINANCIAL ACTIVITIES - For the year ended 31 December 2021** |**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 2021**
**Balances carried forward at 31 December 2021**|**Unrestricted**
**Funds**
**Restricted**
**Funds**
**Endowment**
**Funds**
**Total Funds**
**2021**
**£**
**£**
**£**
**£**
47,876.59
0.00
0.00
47,876.59
3,323.48
0.00
0.00
3,323.48
47,208.56
0.00
0.00
47,208.56
47.84
4.00
0.00
51.84
**98,456.47**
**4.00**
**0.00**
**98,460.47**
91,953.90
4,000.00
0.00
95,953.90
4,724.00
0.00
0.00
4,724.00
**96,677.90**
**4,000.00**
**0.00**
**100,677.90**
**1,778.57**
**(3,996.00)**
**0.00**
**(2,217.43)**
**1,778.57**
**(3,996.00)**
**0.00**
**(2,217.43)**
**171,467.61**
**371,794.26**
**9,904.28**
**553,166.15**
**173,246.18**
**367,798.26**
**9,904.28**
**550,948.72**|**Total Funds**
**2020**
**£**
47,156.74
4,167.91
27,944.23
421.16| |---|---|---| |||**79,690.04**| |||107,327.76
3,518.20| |||**110,845.96**| |||**(31,155.92)**| |||**(31,155.92)**
**584,322.07**| |||**553,166.15**| 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 SHEEf as at 31 December 2021 FIXED ASSErs Tangiblè fixed as$8ts 365,970.55 376,584.60 365.970.55 376,584.60 CURREKf ASSErs Debtors 28,348.78 17,068.50 Cash at bank and short-term d8posits Lloyds current accounts CBF Church of England d8POSit lund 69,280.19 99.575.06 168,855.25 72,455.55 99,523.22 171.978.77 197,204.03 189.047.27 LIABILITIES . AMouKfs FALLING DUE wrrHIN ONE YEAR NET cuFIRE￿ ASSErs 184,978.17 176,581.S5 TOTAL ASSETS LESS UABILITIES PARISH FUNDS Unrestrict8d 173,246.18 171,467.61 Restri¢lgd 367,798.26 371.794.26 Ernlowrnenl 9,904.28 9.904.28 Total AFproved by th9 Paro¢hial Church Council on 26 May 2022 and sHJngd on its bghalf by The R8Vd Chinenye Ngozi Njoku IChairper50nl The notes on pages 9 to 13 lom part ol thestt finan¢ial statèments ## **THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. JOHN, WEMBLEY** ## **NOTES TO THE FINANCIAL STATEMENTS - For the year ended 31 December 2021** ## **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) 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 investments** 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 2021 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 2021 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 2021** |**2**
**INCOMING RESOURCES**
2(a)
Voluntary income
Planned giving :
Gift aid donations
Other
Tax recoverable
Tax over/(under) recovered (prior years)
Repayment interest on tax recovered
Collections (open plate)
Sundry donations
Legacies
2(b)
Activities for generating funds
Events
Power generation
2(c)
Income from operating activities to further the
Lettings income
Church fees
2(d)
Income from investments
CBF fund interest
**Total incoming resources**|**INCOMING RESOURCES**
Voluntary income
Planned giving :
Gift aid donations
Other
Tax recoverable
Tax over/(under) recovered (prior years)
Repayment interest on tax recovered
Collections (open plate)
Sundry donations
Legacies
Activities for generating funds
Events
Power generation
Income from operating activities to further the|**Unrestricted**
**Funds**
**Restricted**
**Funds**
**Endowment**
**Funds**
**Total Funds**
**2021**
**£**
**£**
**£**
**£**
20,000.00
20,000.00
3,783.71
3,783.71
5,000.00
5,000.00
(989.00)
(989.00)
24.84
24.84
5,107.04
5,107.04
11,450.00
11,450.00
3,500.00
3,500.00
47,876.59
0.00
0.00
47,876.59
0.00
0.00
3,323.48
3,323.48
3,323.48
0.00
0.00
3,323.48
work of the Church
46,731.56
46,731.56
477.00
477.00
47,208.56
0.00
0.00
47,208.56
47.84
4.00
51.84
47.84
4.00
0.00
51.84
**98,456.47**
**4.00**
**0.00**
**98,460.47**|**Total Funds**
**2020**
**£**
20,000.00
1,813.50
5,000.00
(1,099.24)
27.00
985.48
430.00
20,000.00| |---|---|---|---| ||||47,156.74| ||||844.43
3,323.48| ||||4,167.91| ||||27,826.49
117.74| ||||27,944.23| ||||421.16| ||||421.16| ||||| ||||**79,690.04**| -10- ## **THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. JOHN, WEMBLEY** ## **NOTES TO THE FINANCIAL STATEMENTS - For the year ended 31 December 2021** |**3**
3(a)
3(b)
**Total re**|**RESOURCES EXPENDED**
Church activities
Missionary and charitable giving
Ministry: London Diocesan Fund
Other ministry costs
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
Insurance claim received
Maintenance
Safety and security
Sundry expenses
Supplies
Waste
Water
Depreciation on church furniture and
equipment
Depreciation on church hall
Governance costs
Legal and professional fees
Payroll costs
Accountancy fees
**sources expended**|**Unrestricted**
**Funds**
**Restricted**
**Funds**
**Endowment**
**Funds**
**Total Funds**
**2021**
**£**
**£**
**£**
**£**
150.00
150.00
23,537.00
23,537.00
285.83
285.83
561.00
561.00
600.00
600.00
2,636.88
2,636.88
6,549.13
6,549.13
3,663.71
3,663.71
1,080.71
1,080.71
233.62
233.62
1,060.11
1,060.11
640.00
640.00
12,667.40
12,667.40
0.00
0.00
953.15
953.15
2,328.88
2,328.88
4,132.53
4,132.53
4,351.24
4,351.24
5,585.70
5,585.70
2,474.43
2,474.43
1,922.35
1,922.35
(512.00)
(512.00)
787.06
787.06
3,871.89
3,871.89
1,091.01
1,091.01
214.76
214.76
3,923.88
3,923.88
549.58
549.58
44,981.86
44,981.86
6,614.05
6,614.05
4,000.00
4,000.00
91,953.90
4,000.00
0.00
95,953.90
204.00
204.00
320.00
320.00
4,200.00
4,200.00
4,724.00
0.00
0.00
4,724.00
**96,677.90**
**4,000.00**
**0.00**
**100,677.90**|**Total Funds**
**2020**
**£**
0.00
33,835.00
1,094.27
1,418.00
648.00
1,779.00
3,003.10
3,836.91
939.95
255.24
967.46| |---|---|---|---| ||||48.00
12,667.72
(2,761.18)
2,285.63
1,946.97
2,720.50
3,760.50
4,292.49
1,579.43
1,897.11
0.00
7,601.84
6,764.79
497.97
817.02
3,047.39
397.82| ||||47,564.00
7,887.34
4,000.00| ||||107,228.27| ||||328.20
0.00
3,190.00| ||||3,518.20| ||||| ||||**110,746.47**| -11- ## **THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. JOHN, WEMBLEY** ## **NOTES TO THE FINANCIAL STATEMENTS - For the year ended 31 December 2021** ## **4 FIXED ASSETS** ## **Tangible fixed assets** |**Tangible fixed assets**|||| |---|---|---|---| |**Cost**
At 1 January 2021
At 31 December 2021
**Depreciation**
At 1 January 2021
Charge for the year
At 31 December 2021
**Net book values**
At 31 December 2021
At 31 December 2020|**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||| ||33,107.96
36,000.00
69,107.96
6,614.05
4,000.00
10,614.05||| ||39,722.01
40,000.00
79,722.01||| ||5,970.55
360,000.00
365,970.55||| ||12,584.60
364,000.00
376,584.60||| 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 railings and boundary fence repairs prepaid (Advance deposits paid)
Church insurance prepaid
CCLI licences prepaid
Church security costs prepaid
Church hall insurance prepaid
Church hall running costs prepaid
Power generation (Feed in Tariff) income accrued|**2021**
**2020**
**£**
**£**
9,035.84
10,427.76
9,417.00
0.00
270.02
283.48
754.58
733.43
438.00
358.71
1,709.77
1,644.65
713.99
934.37
6,009.58
2,686.10| |---|---| ||**28,348.78**
**17,068.50**| - **6 LIABILITIES : AMOUNTS FALLING DUE WITHIN ONE YEAR** |**LIABILITIES : AMOUNTS FALLING DUE WITHIN ONE YEAR**|| |---|---| |Common Fund (The London Diocesan Fund)
Organ restoration/maintenance
Church roof repairs
Church heating, lighting and water
Church security costs
Church general expenses
Church hall running costs
Church hall refund of deposits
Payroll costs
Accountancy fees|**2021**
**2020**
**£**
**£**
0.00
2,000.00
0.00
456.00
1,432.74
1,432.74
1,312.79
586.28
66.23
0.00
0.00
61.16
4,084.10
4,739.54
1,100.00
0.00
30.00
0.00
4,200.00
3,190.00| ||**12,225.86**
**12,465.72**| -12- ## **THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. JOHN, WEMBLEY** ## **NOTES TO THE FINANCIAL STATEMENTS - For the year ended 31 December 2021** ## **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**
**£**
**£**
**£**
**£**
5,970.55
0.00
0.00
5,970.55
0.00
360,000.00
0.00
360,000.00
5,970.55
360,000.00
0.00
365,970.55
80,000.00
0.00
0.00
80,000.00
99,501.49
7,798.26
9,904.28
117,204.03
179,501.49
7,798.26
9,904.28
197,204.03
(12,225.86)
0.00
0.00
(12,225.86)
**173,246.18**
**367,798.26**
**9,904.28**
**550,948.72**
**1 Jan 2021**
**Incoming**
**Resources**
**Resources**
**Expended**
**Transfers**
**31 Dec 2021**| |---|---| ||80,000.00
0.00
0.00
0.00
80,000.00
91,467.61
98,456.47
(96,677.90)
0.00
93,246.18| ||171,467.61
98,456.47
(96,677.90)
0.00
173,246.18| ||744.26
4.00
0.00
0.00
748.26
7,050.00
0.00
0.00
0.00
7,050.00
364,000.00
0.00
(4,000.00)
0.00
360,000.00| ||371,794.26
4.00
(4,000.00)
0.00
367,798.26| ||9,904.28
0.00
0.00
0.00
9,904.28| ||9,904.28
0.00
0.00
0.00
9,904.28| ||553,166.15
98,460.47
(100,677.90)
0.00
550,948.72| ## **8 FUND DETAILS** The restricted funds comprise the dividends and interest of £748.26 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. -13-