THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HAMPSTEAD EMMANUEL WEST END Annual Report and Financial Statements of the Parochial Church Council For the year ended 31 De￿rnber 2023 The Vicarage Lyncroft Gardens London NW6 1 JU Bank.. The CcFoperative Bank plc P.0. Box 101. 1 Balloon St, Manchester M60 4EP Independent examiner. Miss P Nicholson FCA, DChA 30 Filzwarren Gardens London N19 3TP Charity Reg. No. 1142383 Emmanuel Church, West Hampstead Financial Statements for the year ended 31 December 2023 Administrative information Emmanuel Church is situated in Lyncroft Gardens. West Hampstead. It is in the Deanery of North Camden, the Archdeaconry of Hampslead and in the Episcopal Axea of Edmcfflton. which is within the Diocese of London and the wider Church of England. The correspondence address i& Telephone.. offi￿ email.. Parish website.. The Vicarage. Lynuoft Gardens. London. NW6 IJU. 020 7435 1911 nfo EmmanuelNW6.c(rfn YNM.erTFmanuelnw6.com. The Parochial Church Counol {"PCC"l is a charity register￿1 ¥￿th Ihe Charity commissic￿. PCC members who have served from 1 January 2023 until the dale Ihis report was approved are: Incumbent SSM Assistant Pi7esV. SSMAssistanl Curate." Assisfant Curat&.' The Revd Dr Catriona Laing (from 7 Sep 2023) Chair (from 7 Sep 20231 The Revd Annette Fritze-shanks PCC Safeguarding Officer The Revd Andy Amell Ito 19 Feb 2023} The Revd Helen Sims-williarrks Churchwardens." Carrie Reiners Lydia Parker (from 23 April 2023.1 Harin Perera {to 23 Apr 2023) "apwwnted Churchward8n on 27Aug 2023 Chair {10 7 Sep 20231 Representatives on the Deanery Syntxl." (all elected forthe Tri8nnium 202Li23 atAPCM 2020) Mina Cummings Casey HamrrEtt Diana Malzer Geoffrey Shaw (to 14 Dec 20231 Electoral Roll Officer Elected members Isabel Collins {from 23 Apr 2023) Antony Edwards Clare Fuller Claire Hammett Mark HyoTns Caroline Namuiii-Nic￿erThj Sofia Radaelli nesh Selveraj {to 23 Apr 20231 Nishi Shirtey Tiania UrO￿Viè Sarah Watts PCC Secretsry PCC Treasurer Structure. governance and management Members of the PCC are either ex offiao or eleded by the Annual Parothial Church Meeting in accordan th the Church Representation Rules. All Church attendees are encouraged to register on the Electoral Roll and stsnd for election lo the PCC. Objectives and activities Emmanuel PCC has the responsibility of (￿perating ￿ the vicar in pr¢Th)ting in the ecdesiastiC21 parish the whole mission of the Church, p8Storal. evangelistic. swal and e￿Men1￿1. 11 also has maintenance responsibilities for Emmanuel Churth. Revd Dr Catriona Laing was instslled as the Vicar of Emrnanuel in September 2023. Emmanuel Church. West Hampstead Financial Statements for the year ended 31 December 2023 Achievements Church attendance On average in 2023 there were 120 adults and 90 thildren atteThling thurch on Sunday. In addition to that we have our weekly school mass in term time which the whole schocA atter*ds, 135 children and 13 adults. There were 190 Worshippe￿ attending the Easter day and Easter vigil Servi￿ and 219 attended services on Christmas Eve and Christmas Day. We (x)unled a total of 715 people attended speaal setv1￿$ run by the church during Advent (St Nicholas Day sery1￿. Natiwty. Car(A serVi￿S elc). There were a lotsl of 13 baptisms during the year. one seNice of thanksgiving for the birth of a child and at our annual confirrnalion Servi￿ on Christ the King Bishop Jonathan Baker. aciing Bishop of Fulham confimied 21 people lthildren and adultsl- There was one fvll funeral SerVE￿ in thurth and seThi￿ held at the ryematOriUTll. Revlew of the year In 2023 the PCC met five limes in the year ￿th 56% attendance. There were also Iwo extraordinary PCC meetings. a visit by the ArChdearx￿ and the APCM. The year began with the Quinquennial inspedion on 17 January. Francis Maude from Donald Insall AsS￿lateS conducted the inspection again in 2023. We moved towards the end of our period of vacancy wth shoruisting of candidates in February and inlemews lo appoint a new vicar on 16 March. We are thankful to the interview panel on the day and to the volunteers who provided tours of Emmanuel Church and wcarage and escorted the candidates to a short meeting and tour of Emmanuel School on the day. The panel were impressed by all three ￿ndidateS and were very pleased and excited to appoint Revd Dr Catriona Laing as the nexi vicar of EmTnanuel Church. On March The Ven John Hawkins ￿s[ted Emmanud Churth for the ArchdeacL)n's three-year for the inspection of all Church registers, logs and to ensure compliance across various poliaes. The PCC were also asked to reflect and share thoughts on the fubjre of Emmanuel. There were no significant fabric repairs or projects in the thurch during the Vacar￿. Significant works lo refresh and update the vitxrage took place in a(fvance of the arrival of a new family. We are grateful to The Diocese of London for the investment to the propety which also induded an addf(ional gift from the PCC to complete the Works. On 7 September, Revd Dr Calriona Laing was licensed as Wicar of Emrn8nuel Church. We welcomed The Rl Revd and Rl Hon Dame Sarah mu11￿lY DBE alongside local dignitsries for the ￿remOnY. The parish clergy In September The Revd Dr Calrion8 LaiTrJ was installed as the new vicar of Emmanuel by the Bishop of London. The viear spent her first four months familiarising herself with the parish and meeting as many in the community as possible. She expressed gratilude to all those who gave up to talk lo her about the church and the parish as well as about their own passions, interests and challenges. Celebrating the sacrament remains al the core of what we do. and rt has b*n a privilege lojoin a parish which lakes seriously the call to pastoral care- visibng those who are sick. tsking the sacrament to them and praying for and with them. Reverend Catriona also noted wtth gratitLMle the support and athice she reeeived frcffi dergy colleagues. both Mother Helen in the final year of her (yJracy and from Mother Annette in her rapactty as SSM ass￿late priest. Fr Andy completed his curacy at Emmanuel in February 2023. Mother Annette has presided and preached on a regular basis al Emmanuel- both at weekday masses and al all the Sunday semces. She has also made time lo take the Sacr8menl lo those who are unable to get to church. In addiilion to the role at Emmanuel, Mthr Annette serves as the Bishop of London's Advisor for those in self-SUPPOrting ministy in Emmanuel Church, West Hampstead Financial Statements for the year ended 31 December 2023 the Diocese of London. Having redwed the a￿￿mjnt of time she offered to that durirwJ the vacancy at Emmanuel, she was able to pick it up ￿th the arrival of Reverend Catriona. Mother Helen began her final year of curdcy. HawThJ done an outstanding pb of helping to lead the parish during the v8￿neY. Mother Helen tcK)k some well-deserved time off for retreat and recuperation in October. Church OITicers Al our APCM, Harin Perera stcx)d down as Church Warden and Ca￿le Reiners was re*Lected. Lydia Parker was subsequently elected as Churchwarden on 27 August. Al the fiT5t meeting of the PCC immediately after the APCM. Mark Hyoms was re-elected as treasurer, ably assisled by Diana Malzer as honorary bookkeeper and Clare Fuller re*lected as PCC Secretsry. Diana Malzer was reelected as electoral roll Offi￿r. Thank you to all our PCC offi￿rS for all that they do for us in a voluntsry capacjty. It is greatly appreciated especially during the vacancy peri(Kl. The Parish website www.emmanuelnw6.com The website continues lo be hosted by Silvertight. and we remain very grateful for the work of Antony Edwards in overseeing the website ts us. The Parish Office The Parish offi￿ continues to be housed in the upstairs rcfrjm at#)ve the Nazareth Chapel 8nd is shared with the choir Toom. The entire Emmanuel communtty is grateful to Nith Siddall for her marby years of service to stsffing the parish office as the part-time Parish Administration. Nicki retired in DecerF)ber. and we thank her for her dedication and professionalism Y￿th the administration of the booking. management and invoicing for the Community Space. supporting the wider churth oterations and for her many efforts during the vacancy of 2022-23. The entire PCC and Emmanuel Community wsh her well in retirement. The PCC decided lo recruit an Operations Manager . Interviews were held in earfy December 2023 and Emma Clart( was appointed as Operations Manager to start at the beginning of 2024. Community Space partnershlps Emmanuel continues lo be used to tts M￿MuM by a number ofoutside hirers communty groups. We are proud to be able lo offer space lo NA and to some lo(31 ¢x)mmunty partners who have been part of life here at Emwnanuel for a long time. In addibon to smaller individual hirers, we continue to be gialefvl that we can let out the Spa￿ to sPen￿r Stsge Schwl and PerfoEm. Iwo of our princaple hirers. Addttional hires induded 12 patties and a variety of l￿rtS in the year. Kemow Chamber Player5 London Piano Institute Kensington Choir Fleet Singers Bach lo Baby112 concerts} Rachmaninoff Music Academy12 con￿rts) Maria Garzon {3 Coll￿[ts) Canlereas Baby Broadway13 concerts) Hampslead Chamber Choir {2 concerts) Baby Gospel12 con￿rts) C4WS Night Shelter From November to the second week of January. we hosted the C4WS Night Shelter on Tuesday nights. Each week. we welcomed guests displaced due to a$￿UM. human slave trafficking, relationship breakdowns. and the UK cost of living crisis pushing rents up while salaries remain at a slandslill. The night shelter saw our Sunday and Wednesday congregation and our local communty come together to provide meals for guests and listening ears of supporL The C4WS prcoramme provides shelter for guests for a maximum of 28 days where they would use the time to find perrnanent homes and ongoing education and support. We were lucky to witness the mai￿lty of guests placed in homes by the end of our cyde. There were 44 volunteers helping in 2023. The Living Wage We remain committed lo pay all who work for Emmanuel Church the living wage. Ben and Dan continued lo Emmanuel Church. West Hampstead Financial Statements for the year ended 31 December 2023 be contracted for deaning Servi￿ (during Ihe term of this report) due to their shared commitment to providing the London Living Wage for all their staff. Music The music team enjoyed providing some continuity for the Emmanuel communty through the period of vacancy. Isabel Collins offered to stand in 8s Acting Music Director during the vacancy and the dergy and choir have been gralefvl for the continuty she has prowded. Fubjre plans for a more pern￿nent Organist and Music Director are in the earfy stages of development. The Choir continues lo thrive with a solid core of five to six eXperien￿d singers and several other regulars. Children's Choir expanded al Christmas 2023 to 15 and with a usual seven to eight on Sunday5 for Ail Age servi￿$. Adult choir has a wide repert(Hre. sutting Iheir mixed ability levels and variable numbers. The Choir has gradually expanded a small repertoire of pieces that the children's thoir know well and enjoy singing. Five new robes for children's choir were purchased with PCC'S agreement to spend £1,000 of a £10,000 bequest from a former choir member. Two members of PCC donated £150 each towaids the children's robes for which the Choir was grateful. Children's Work Our church, Sunday school plays a pivotal role in nurturing spirtiual growth and education wrthin our ommunity. This year, during the Lenten season. we fQM￿sed on the theme of prayer, providing an enriching space for children to explore prayer in diverse ways. Our older group engaged in a unique activity- they worked with Lego bricks to recreate a captivating S￿ne from the Easter story. Their ￿atIon was proudly displayed in the church throughout the Easter ￿n(XY. serwllg as a visual reminder of Christ's resurrection. Meanwhile, our younger children embaTked on an exotsng Challenge.. leaming the Lord's Prayer in sign language. Despite its intricacies, their dedication and prouress have been remarkable. Soon, they will share their newfound skill wth the entire thurch cotnmunity. As an extension of Sunday Schcrjl. our church has organized engaging co¥nmunity workshops throughout the year. These workshops align with the church calendar and various festivals, drawing enthusiastic parti￿pation from children and their parents or caregivers. Notably. we've hosted workshops for Halloween. Sl. Nitholas, Day. Lent. and Good Friday. The positive feed￿ck from attendees underscore5 the impact of these events in fostering a sense of community and spiritual growth. Work with our older members The monthly Fellowship Lunch continued to meet on the first Wednesday of the month throughout the year. As a parish we are blessed lo have a diversty of ages in our congregation and these monthly lunches remain a Spa￿ for our older and senior members to come together for fellowship. We remain grateful to Diana Malzer for her many arxj vaTied efforts lo ￿rdInate the catering and communicAtion to all who attend. Deanery Synod The Camden Deanery Synod met three times in 2023. In February the Synod met at St John al Hampste2d and had a keynote presentation on 'Ageing Gracefvlly from Kevin Rogers. DI0￿$e of London. In May synod gather￿ for a summer drinks party hosted by St Mark's Regents PaTk and the November meeting. held at St Martin's Church NW5, was for the inauguration of the new Deanery Synod. Emmanuel's Synod Reps for 2023 were.. Diana Malzer, Casey Hammett, Geoffrey Shaw and Mina Cummings. We thank them for representing Emmanuel Church arKI for their dedication and efforts. Safeguarding Mother Annette Fritze-shanks continued to serve a5 SafeguardirwJ Officer thn)ughout 2024 ar¥J Casey Hammett remains the Children's ChampK)n. Education and School The church held a nurllber of church picni￿ and celebrations over the ￿urse of the year. celebrating the Feast of Corpus Christi as our patronal festival with a festive High Mass followed by a wonderful BBQ and tx)tluck picnic. On the vicar's first Sunday in September the congregation held a wel(x)me BBQ and picnic. Irb the autumn term the church enjoyed our ¢Jsual Haryesl Festival celebration. The vicar held a paty in the vicarage to thank all those who had helped during the Va￿ncy. Emmanuel Church, West Hampstead Financial Statements for the year ended 31 December 2023 Emmanuel Churth of EnglarKI Primary SL*KMJI is the sch¢xA LX)nnected wilh ErTmnuel Church. Following the departure of the Head Teacher Claire Bums. the schwl govemors with the support of LDBS voted to move lo a cluster school model partnering with Hampslead Parothial and Holy Trinity schools. Laura Hall was appointed as Executive Head over the three schools and Kate Rosc￿. formerty Acting Head al Harllpslead Parochial was appointed as Head of Schcd. Wtth Reverend Trin's arrival in September, Mother Helen stepped down from the goveming bcmjy. Financial Review On 30 October 2023 wr bank ac£ount was dosed by Bardays. The PCC subsequenuy operated using an account with Surn-up PayTnents Limited prior to a new relationship with The Co4)peralive Bank plc commencing in January 2024. We are gralefvl lo our PCC members and the wider community for the financial support and generous payment terlns afft)rded to us during the challenging peri(KJ. Our total inwme for the year Wds £138.97712022.. £135.874}. includir4J £nil {2022: £3.4491 of restrided funds, and the detsils are in the financial staternents. Donations froTn parishioners still account for the 18rgest share of our income. ￿ntributing £70.74112022: £67.4541. Our income from investments wa5 £11,76312022.. £11,674). Lettings income was broadly unchanged at £54,720 {2022 £54,5311- We are required lo show our investments al their market value at the end of the year and the gain or loss is reported in our Slalement of Finanaal Activities. £141.056 (2022: £140.803), indudiThJ £4212022: £4,897) of restricted funds. was spent to promde the Christian ministry from Emmanuel Church. induding a contribuiion of £67,00012022= £75,000) to the I0￿San partsh share Ilhe Common Fund), which largely promdes the stipends and housing for the clergy. pension and national insurance contributions as well as contributing the wder lrfe and ministry of the Diocese of London and Church of England. The disruption to our banking arrangements noted above meant that we were unable to pay the final two inslalments of our ￿edged monthly contributions so our contribution for the year was £13.400 lower than planned. For 2024 we have pledged £76,80012023.. £80.4001. A sum of £12.595 was spent during the year ￿ repairs and maintenance of the vicaraJe prior lo the appointment of our new in(yJrnbent in September 2023. Reserves policy It is PCC policy to maintain a balance of net CUTrent assets on unrestricted fijnds of approximately 4 months unrestricted payments, to cover emergency situations that may atise from time to ttme. The balan￿ af£50.796 12022.. £52.833) * the year*nd mee15 this target. Approved by the PCC on 21st April 2024 and signed on their behalf. z-z by Rev'd Dr Calriona Lairwj IPCC Chair) Mark Hyoms IPCC Treasurer) Emmanuel Church, West Hampstead Financial Statements for the year ended 31 Decefflber 2023 Statement of Financial Activities for year ended 31 December 2023 Unrestricted Restricted fund5 funds 2023 Total 2022Total Income Frorn: Donations and legacie5 2{al 21bl 70,741 70.741 67.454 Charitsble activitie5 1.753 1.753 2,215 Othertrading aetivitits 21cl 54,720 54.531 Investsnents 21dl 11.763 11,763 11.674 Totsl 138.977 138,9TT 135,874 Expenditur• On: Charitablè actlvltles 141.014 42 141.056 140,803 Total 141.014 141.056 140,803 Net Income I lexpenditurel before gains I1105s•sI on inwstments {2.037) 1421 12.0791 14,9291 Galns I (losses) on investments 114.430) 114.4301 131.2561 Net tncome l {exp8nditurnl 116A67) 1421 116.5091 136.1851 R8conciliation of Funds Total funds brought forward 287.963 292.649 328,834 Total funds carried foThwd 271,496 276.140 292,649 Emmanuel Church, West Hampstead Financial Statements for the year ended 31 December 2023 Balance Sheet as at 31 December 2023 2023 2022 FLXED ASSETS Investment assets 220,700 235.130 CURRENT ASSETS Debtors 7,243 4221 I Cash at bank and In hand 57,031 56,986 TOTAL 64.274 61,209 UABILITIES: AMoui¥fs FALLJNG DUE WIThIN ONE YEAR 18.8341 {3.69)1 57,519 NET ASs￿s 7.10 274140 292.649 FUNDS Unrestricted 271,496 287.963 4,686 TOTAL 276.140 292.649 Approved by the PCC on 21" April 2024 arKI signed on their beha by Rev'd Dr C ona Laing (PCC Chair) Mark Hyoms {PCC Treasurer) Emmanuel Chur¢h. West Hampstead Financial Statements for the year ended 31 December 2023 Notes to the Financial Statements ACCOUNTING POLICIES The financial ststements of the charity. whith is a public benefft entity under FRS 102, have been prepared in accordance with the Charities SORP IFRS 1021 'Accounting and Reporting by Charities.. Slalement of Recommended Practi￿ applicable to charities preparing their accounts in accordan￿ ¥wth the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 1021 (effective 1 January 20151,, Financial Reporbng Standard 102 The Financial Re&￿ing Standard applioable in the UK and Republic of Ireland,, the Charities Aci 2011 and the Charities Act 2011. The finanual statements have been prepared under the historical cost convention eX￿pt for Investrn￿ts whid) are I￿￿ded at market value. a5 m¢Jlified by the revaluation of certain assets. Financial reporting standard 102 - reduced disclosure exemplions The chartty has taken advantage of the following disdosure exemption in preparing these financial statements. as permitted by FRS 102 Yhe Financial Reporbng Standard applicable in the UK and Republic of Ireland,: The requirements of SeCt￿n 7- Ststement of Cash Flows. The financial statements have been wepared under the historical cost (x)nvention except for the valuation of investment assets. which ar8 shown at market value. The finanaal ststements indude all tranSac￿n$, assets and liabilibes for which the PCC is responsible in law. Funds General fvnds Tepresent 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 indude all transactions, assets and liabilities forwhiL* the PCC is responsible in law. They do not include the accounts of church groups that owe their man affiliation to another bc