The Parochial Church Council of St George's Church Enfield Registered Charity 1143794 Independent Examiner's Report and Financial Statements for the year ended 31 December 2024 Page I
Inde endent E eorge's aminer's Report to the Trustee nfield Parochial Church Coun I report on the accounts for the year ended 31 December 2024 which are set out on pages 3 to 8. Respective responsibilities of the Trustees and the examiner The charity's trustees are responsible for the preparation of the accounts and they consider that an audit is not required for the 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 accounts under section 145 of the Charities Act to follow the procedures laid down in the general directions given by the Charity Cornmission (under section 145{5)(b) of the Charities Act, and to state whether particular matters have come to my attention. Basls of the Independent Examinerfs statement My examination was carried out in accordance with the general direGtions given by the Charity Commission, An examination inGludes a review of the accounting records kept by the charity and a comparison of the accounts presented with these records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from the trustees concerning such matters. The procedures undertaken do not provide all the evidence that would be required for an audit, and consequently no opinion is given as to whether the accounts present a 'true and fairf view and the report is limited to those matters set out in the statement below. Respective responsibllitles of the Trustees and the examiner The chai'ity's trustees are responsible for the preparation of the accounts and they consider that an audit is not required for the year under section 144(2) of the Charities Act 2011 (the Charilies Act) and that an independent examination is needed. 11 is my responsibility to: Independent examiner's statement In connection with my examination, no material matter has come to my attention which gives me cause to believe that In, any material respect: Accounting I'ecords were not kept in accordance with section 130 of the Charities Act, or the accounts do not accord with the accounting records I have coine across no other matters in connection with the examination to which atteiition should be drawii in order to enable a proper understanding of the accounts to be reached. Signed: Stephen Hendy. Data Developments (UK) Ltd, Fryer Street. Wolverhampton WV11HT Date 3rd April 2025 Page 2
st Georges Church Enfield Receipts and Payments Account for the year ended 31 December 2024 Unresti'icted D&signated Restiieted li iidDwnient funds flliids fll)Ids funds Total Pt'ioi. yeai. fiinds total funds Ii)coming resources In¢omlng resources frorn generated funds Voluntary incom8 AGllvilles for oeneratlnu funds Investment Incomè Incomlng resources from charftable ecuvilies Total Inoomliig rasoure8s 66,710 51.454 1,936 1.446 121.546 66,710 52,953 1,936 5Q,230 57,461 1,499 1.742 112,440 1,499 23.045 Resoure65 used Cosl ol generallng funds Cost ol genemllng voluntary Incom6 Charitable acliviiles Governance ¢osls Other resources used Total rèsources used 68 210 2,718 129,832 1,380 119.361 1.440 640 120,001 1,440 131,540 278 640 132,458 140,319 Excess of reGglpls over payments before transfer {9,9941 1,221 (6401 19,413) 127,8791 Transfèrs Gross transfers between funds- I Gross Iiansfars between funds - 1 Excè8s of rec8lpls ov9r payments bfjforè other galns I Ios88S 35 35 35 19,4131 15,262 15,262 {27,8791 (9,9591 1.186 16401 Net movement Sn funds {9.959} 1,186 16401 19,4131 127,8791 All as8e15 at 01 January 2024 1,662 35,158 31,472 68,292 96,172 All assets at 31 De¢8mber 2024 18,2971 36,344 30,832 58,879 68,292 Page 3
st Georges Church Enfield statement of assets and liabilities as at 31 December 2024 Cenei'AI Desigiiated Rest)icted Endowinent This yeai. Last yeAI' Current assets- Cash at hank and In hand Bank current account- Bank deposit a¢Gounl- Church Restoraled 623356004D - General Fund 623356006D- Bell Fund 623356007D- PEftY CASH- (14.529) 6,311 17 739 {1.229} 529 18.162) 12,517 15.5e4 13,572 6,311 15,346 23,725 12,213 17,055 15,346 23,725 15.329 22,986 1,228 387 36,344 58 5J.014 88 68,426 Totals 30,832 Current ass8ts - Dèbtors NEST p8n3lon 135 135 135 Grand tot81 30,832 Llablllllas due wllhln one year Loans Feo for ind6p6ndenl examlnallon 6,389 1,440 8,389 1,440 6,389 1,440 LlahSllllès Credltors; Amounts falllng duo after more than one year Long term loans - Totals 10,022 10,022 16,41fj Tlio abovè Bounce Back loaii" Is repayabl• In 60 monthly Instalmènts by June 2026 Current aS8•t8 - InveslmantS Vl PhSnn Bequest - Gardèn of R6membranc8- Oroan Fund - 4,518 4,518 38,250 4,423 37,386 17,803 20,447 Tolals 17.803 39,572 ,518 61,893 60,508 Assets retained for charity's own use Value 2024 Value 2023 clUrch Hall conlenls 71.358 71,538 Totals 71,359 The trustees have used insurance values as they are unable to reliably estimate current values: insurance values may differ materially from current values. Consecrated propei-iy, benefiGed property and moveable church fumishings which require a special faculty for disposal are excluded from the list of charity assets. Notes The financial statements of the PCC have been prepared in accordance with the Church Accounting Regulations 2006 using Ihe Receipts and Paymenls basis. Genei-al funds are unrestricted funds which are available for use at the discretion of the trustees in furtherance of the general objectives of the charity. Designated funds comprise unrestricted funds that have been set aslde by the trustees for parlicular purposes. Restricted funds are donations which are to be used in accoi-dance with specific restrictions imposed by donors; they include donations received fi'om appeals for specific activities or projects. Page 4
Fund movement by type Opening Incomin£ Outgoing Transfei's Gainsllosses Joiirnals Closing BFUND- BELL FUND IN BANK AC Deslgnated 1,227 (1,2271 1.227 11,2271 Sub-total lor BFUND Bell - Bell R85torallon Fun Restricled sub.total for Bell 21 121 CHILDREN- CHILDRENS MINISTRY Rg8lricl8d 812 812 812 812 Sub-total for CHILDREN CLUB.100 CLUB Deslgnated 278 278 35 1351 Sub-total for CLUB 3,254 1,499 4,440 FLOW- FLOWER FUND De31gnaled 114 114 114 414 Sub-total for FLOW Garden - Gardttn Of Rembarance Deslgnaled Reslrlcled 939 {9391 640 299 12991 Sub4otal for Garden HCF. Hall Malnt•nanco Fund Deslgnalad Sub.tolal for HCF 40,000 10.000 Ho11 . Hall Repalr8 fund Deslgnal8d 29 29 29 29 Sub-total for Hall LIGHT. BIRTHDAY 2019 LIGHTI Reslrlcled Sub-lolal for LIGHT ,745 9,745 RE8 - Church Restorallon F Dè9Ignaled Rèslrlcted 15,489 15,489 laf 489 15.489 sub.total for RES SEQ . SEQUESTRATION Dèslgnaled Sub.lotal for SEQ SOUND. SOUND SYSTEM DèsSgnaled 168 166 168 168 sub.total for SOUND STAIN - SlaSnèd glass wlndows R9Strfcled 26 26 Sub-lolal for STAIN 26 VES - VESTRY WORK RestrfGted 70 70 70 70 Sub-total for VES Youth - Youth Work Fund Restriclod 6,101 6,101 Sub-total for Youth ,101 GenerAI Geiieral fLind Unreslricled DgslgnBled 1,663 22,988 24,651 121,545 131.540 35 18,2971 22,988 14,691 Sub-lolal for General 121,S45 131,54 35 Grand total 123 045 132458 Page 5
Analysis of receipts and payments Total ear Uiii'cstrieted Desi n2ted Restricted Endoivijient This Last eai. INCOME AND ENDOWMENTS Incoming resources from generated funds - Voluntary income GirtAld - Bank 4.375 Gift Aid Envolopes 13,598 Other planned giving 13,705 Loose plate cclleclions 5.111 Glvlng through churGh boxes 559 Donailons appeals elG 17,874 T8x r8cov2rable on Glfl Ald 10,247 Non-recrrlng one-off grants Other funds generated 4,375 13,598 13,705 5,111 559 17,874 10.247 2,847 12,034 11,630 4.579 459 7,724 9,219 951 788 50,231 1,242 66.710 1,242 66,710 Tol81 Incom5ng resources from generated funds - Actlvltles for generatlng funds Rurnmage sales elG 1,330 Bookstall sales - fund raising 15 Church hall lelllngs - fund ra151ng 46.775 Magazlno Income - advertising 95 Parlsh magazln8 sales 232 CHURCH HIRE 2,928 UNALLOCATED INCOME Trea of Ilghl & chrlstlngle 100 CLLUB SUBS 1,330 15 46,775 95 232 2,928 54 25 1,499 52,953 1,965 51,699 130 224 1,775 25 Total 51,454 1.499 57,461 Incoming resources from generated funds - Invèstment Incomo Bank and buildlng sociely interest 1,936 Total 1,936 1.936 1,936 3,006 Incomlng resources from charitable actlvities Fees for weddlngs and funerals Total INCOME TOTAL 1.446 121546 1,742 112439 123,045 PAYMENTS Cost of generatlng funds 100 CLUB PRIZESIEXPENSES 68 68 68 68 Total Cost of generating funds - Cost of generating voluntary income Costs of stewardshlp campalgn 231 Costs of fetes & other events 3,118 FEES PAID TO DIOCESE 1.001 4,350 231 3,328 1,001 4,560 210 2,508 210 Total 210 2.718 Page 6
Charitable activitles Giving lo mlsslonary soclelles Glving - relief and devèlopment agencies Home mission Stipends quota Salary of parlsh adminlslralor Working expenses of inGumbenl Parsonage house expenses Water r81es - vicarage Viear's telephone Education Parlsh training and mi55ion Church running insuTanc8 Church office - telephone argan I plano tunlng Muglc Church maintanance Cleaning Upke8p of seiwices Upkeep of chuiBhyard Admlnislration Visltlng speakers I locums Church runnSng - eleclrtc Church running - gas Hall runnlng - elfjclridly Hall runnlng - gas Hall running - Insurance H811 runnlng m8lnlenaiice Hall runnlng telephone Hall Slalf and Parlsh admlnlslralor 5al8 50 816 366 366 2,227 5,220 18,562 5,100 3,774 398 12,0(M) 1,604 5.851 522 295 450 12,000 1,604 5,851 522 295 450 357 g52 5,686 886 364 127 3,473 34 4,624 939 2,369 97 2,141 2,371 7,471 6,465 2,804 18,401 422 10,292 4,494 511 184 4,494 511 184 5.513 57 3,669 5,513 57 3,66g 640 2,160 20 642 1,737 9,497 8,281 3,381 17,181 294 640 2.160 20 642 1,737 9,497 8,28fj 3,381. 17,181 294 30.065 FINANCIAL SERVICES OFFICE COSTS 4,729 4,729 6,625 120,001 15,248 Tol81 119.361 640 129,832 Governance costs Governance cosls 8xamlnallonlaudll fee 1.440 1,440 1,380 Total 1.440 1,440 1,380 Other resources used HSBC BOUNCE BACK LOAN 6.389 6,389 131,540 6,38g Total EXPENDITURE TOTAL 6.389 132458 278 640 140 319 Page 7
The Parochial Church Council of St George's Church, Enfield Trustees, Annual Report for the year ended 31°, December 2024 Charlty registration number.. 1143794 Objectives and Activities The Parochial Church Council of St George, Enfield (the PCC) has the responsibility of co-operating with the incumbent, in promoting in the ecclesiastical parish, the whole mission of the Church, pastoral, evangelical, social and ecumenical. The PCC is also spiritually responsible for the maintenance of the church The PCC is committed to enabling as many people as possible to worship at our church and to become part of our parish community at St George, Enfield. The PCC maintains an overview of worship throughout the parish and makes suggestions on how our services can involve the many groups that live within our parish. Our services and worship put faith into practice through prayer, scriptui'e, music and sacrament. Also, through non-sacramental activities of hospitality and fellowship we aim to reach non Ghurched members of the community. Public Benefit The trustees of the PCC are aware of the Charity Commission's guidance on public benefit in The Advancement of Religion for the Public Benefst and have had regard to it in their administration of the Charity. The trustees believe that, by promoting the work of the Church of England in the Ecclesiastical Parish of St George, Enfield it helps to promote the whole mission of the Church (pastoral, evangelistic, social and ecumenical) more effectively, within the Ecclesiastical Parish, and that in doing so it provides a benefit to the public by: Providing facilities for public worship, pastoral care and spiritual, moral and intellectual development, both for its members and for anyone who wishes to benefit from what tha Church offers,. and Promoting Christian values and service by mernbers of the Church in and to their communities, to the benefit of individuals and society as a whole. Safeguarding The PCC believe they have fulfilled their duty under section 5 of the Safeguarding and Clergy Discipline Measure 2016 (duty to have due regard to House of Bishops, guidan on safeguarding children and vulnerable adults). Reporting Serious Incidents A Serious Incident is an adverse event, whether actual or alleged, which results in or risks significant harm to the charity's beneficiaries, employees, office holders, volunteers or to others who come into contact with the charity through its work, loss of the charity's money or assets, damage to the charity's property or harm to the charity's work or reputation. The trustees are not aware of any Serious Incidents in the last year Page 8
Fundraising The PCC takes it fundraising responsibilities seriously and is very grateful to all donors - whether regular or occasional - for their support of the church and church events. PCC supporters are never taken for granted. The PCC take full responsibility for fundraising and do not use commercial organisations or professional fundraisers. All money raised is either by donations, fundraising events, special appeals or legacies for which the PCC are most grateful. Volunteers The members of the PCC would like to thank all the volunteers who work so hard to make our Church a lively and vibrant community. structure, Governance and Management The PCC is a Body Corporate established by the Church of England and is a Charity registered with the Charity Commission, number 1143794 The PCC is governed by the Parochial Church Council Powers Measure (1956) as amended that came into effect on 21MI January 1957, and the Church Representation Rules (contained in Schedule 3 to the Synodical Government Measure 1969 as amended). The method of appointment of the PCC members is set out in the Church Representation Rules. The Council comprises the Incumbent, the Churchwardens, those elected to the Deanery Synod, and other members who are elected at the Annual Parochial Church Meeting, by those on the Electoral Roll. The PCC members receive training from courses run by the Diocese. Members of the coiigregation are always urged to join the Electoral Roll, and to stand for election to the PCC. The PCC members are responsible for making decisions on all matters of general concern and importance in the parish, and for all financial matters. Reference and Administrative details The Church is situated in Enfield and is part of the Episcopal Area of Edmonton, in the Dlocese of London. The correspondence address is 127 Park Road, Enfield EN3 6LN. Registei'ed charity number 1143794. PCC members who have served from 1 sl January 2024 until the date this report was approved were: Ex Officio Members The Incumbent Churchwardens The Reverend T Oh {Chaimian) Mrs I Selema (safeguarding officer) Mr D Jenner (safeguarding officer) Mrs A Alaoye Mrs C Shaw (PCC Secretary) Mrs C Nnadi Deanery Synod Reps Page 9
Elected Members Mrs C Akinseye Mr T Moody Mr F Ekeh Mrs J Stewart Mrs T. Franklin Mrs F. Akinwunmi Parish administrator & electoral roll officer Mrs R Battley (co-opted member) Stewardship officer Mr M Lewis (co-opted member) Names and addresses of advisers Bank HSBC Bank Independent Examiner Data Developrnents (UK) Ltd (Stephen Hendy) Approved by the PCC on 2025 and signed on its behalf by: Oh (Chairman) (Churchwaraenj (Churchwarden) Page JO