PARISH OF WANDSWORTH ALL SAINTS with HOLY TRINITY WANDSWORTH ANNUAL PAROCHIAL CHURCH MEETING INCORPORATING ANNUAL VESTRY MEETING ANNUAL REPORT & FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022 Registered Charity number 1143840
Parish of All Saints with Holy Trinity, Wandsworth Annual report and financial statements 2022 Contents Page Objective5 4nd activities Structtre, 8overn3nce, and rnallagejnent Responsibilities of the PCC for finarA¢i81 rnattcrs Electoral Roll Officer's report and church atten(lance PCC Secretary's report Deanery Synod report Safrguarding report .Fabric report Walden's report Financial review 12 Independent Exatlliner 5 report 13-26 Finaucial Statements Administrative infomatioD The Parish of All Saints with Holy Trinity Wandsworth comprise5 the following churches.. i g2ints Church. Wand8worth High gtreeL London SW18 Holy Trinity ChurdL West Hi]L London SW19 All correspondence conceming the parisb slLould be directed to.. The Parish Office Holy Trinity Church CentsE Beaumont Road London SW19 6SP Tel: 020 8788 4606 Email.. officeC(bwandsworth.¢hllrch Advistrs: Bkr$.. S3nt2nder UK plc, Bootle, Merseyside, L30 4GB CAF Bank LI 25 Kings Hill Avenue, K]ngs Hill, We5tMa]lin& Keul ME19 4JQ Solicilor3.' Rus5ell-Cooke LLP. 2 Puthey HilL Puthey, Londo SW15 6AB
Parish of All Saints with Holy Trinity, Wandsworth Objeetives and activities The primary object of the Parothial Church Council (PCC) of the Ecclesiastiol Patish of All Saints with Holy Trinity, Wandsworth ('Parish of Wandsworth'l within the Dio¢ese of Southwark is the promotion of the G05pEI of our Lord Jesus Cl]rist uniquely revealed in the Holy Scriptures and Set forth in the catholic ¢reeds, and in accordallcc with the histori¢ doctrines and practices of the Churd) of England as laid out in the 39 Articles of Religio the Book of CoTnmon Prayer and the Ordinal. In accordallce with the Parochial Chu Councils (Powa3) Measure 1956. the PCC h&q the responsibility of c operating with the incurnbent in promoting in the ecolG5iasÈical palish the whole mission of the Chtsrc p&storal. evangelistic. social and ecumenical. The PCC also has responsibility for manawg the income arising fro property and inve5ttllts and the costs of aintaining the Fabric of the parish's hi5tOTie Churches and other properties. The lSSIOn statement of the Parish is'To know Jesus Chrisl oHdÉo ntuke Him knowrt,. When planning activitie4 the iTh£ubEit and the PCC have considered the CIEarity Comjnission's gUida[e on public bellefit 2nd the specific guidance on charities for the advancement olreligion. Ac¢ordingly. the inCUbettt and PCC seek to achieve the Patish's mission through activ2ties such &$: Regular public WOT5hip open to all Pastoral worL including visiting the sick alld the bereaved Teaching people to ft>llow Jesus Christ through sermons, courses. and small growls The provision of youth and children's clubs 2nd activities teaching Christian doctrine and life)tyle Promoting the whole mission of tbe Church through activities fth a range of special groups fro senior citizen5 to tod(llers Making the parish's builÉlings available forthe of the local coll)ullity including school4 brownies, musicians and other such groups Supporting other charities in the UK and overseas The achievements 2nd perfomi8nce in the yrar ar¢ Sel out in the Warden's Repor¢ supplemejtted by other individual reports, below. Structure? governance and management The PCC is a ¢orporate body established by the Church of Ellgland. It operate5 underthe P0¢hIal Church Counci15 (Powers) Measure 1956 (as amended) and is Tegistered with the Cbatity Commission under charity number 1143840. Members of tELe PCC are either ex officio OT el#ted by the Annual Parothta] Chureh Meeting (APCM) in accordance with the Churcb Representation Rllles. PCC Members are elected for a period of three ypars at the APCM. Similarly, representatives for the Deaner), SynoiL who ate also autOmatilIY appOind to the PCC, are elected at the same t1£. Churchwatdens are electrd for a period of one year at the AJWUBI Vesty Meeting. The following have served &4 PCC membeTS and trustees dwing 2022 aud to the date of this report: Icur ReTrd Gr¥g Ptior*#E3 (to DeGeTrthr 2022) Curate Revd Jack O'GTady¥l A5so¢iale Minister Revd Andy O'Brien" ChurchwardepLS Csrl Hughes#Y 2 3 Paul Ashworth# Paul Burke Gary carpent Revd Geoff Coyue. Jeremy Cnsmplinl Nieola Elliot Daniel Jones Ki Luy Della Ogullleye, Olaniyi ogLsIn3 Hannah Ridley John Sailer Jane Snowden, (from J&ryuory 2022) ElecledPCC pnembers Treasurer (to Mareh 2023) Sec SyJTodFrtgrnberS.. IDeanery, Dwre5on." * MÉrnb8T oJp&th5laffiarn
AlernbeT offParLFh Managernep Grfj
Strutturej governance and management (eontd) Amy Bliss the Parish Office ML anager sern'es as the Electopal Roll Officer and attends mettings of the PCC and the Parish Management Group. PCC commEtt During 2022. the PCC also operated tlThugh the Parish Manageellt Group which met between meetings of the PCC, including the Clergy, the Chuxhwatd¢n£ the Treasurer and tbe Parish Office Manager. Responsibilities of the PCC for fLDancial matters The PCC is responsible for preparing the Annual Report and the F[ancial ststements in accord2nee with applicable law and United Kingdom Accounting Standards (L'nited Kingdotu GeTheTally Accepted Accounting Practice). The law applicable to charities in England and Wales requires trustees to prepare fmancial statements for each financial yeat which give a true and fair view of the state of affairs of the charity and of the inc0e aDd expendibjre of the charity for that period. In preping these fjnancial Staternen the tsustees are required to". select Suitable accounting policies and then apply them consistentty- observe the Trethods and princip1£5 in the chitieS Statement of Recolllluended Practice 2015. make judgments and estimates that are reasoDable alld ptudent. state whether applicable accounting stsndards have been followei subject to material departL]res disclosed and explained in the financial statements. prepare the financial statements on the goillg concern bLgis it 15 inappropriate to assume that the chatity will continue in operdtiO]L The Tnelnbets of the PCC are responsiblE forkeeping proper atcouttting records whidL at any tirne. disclose with reasonable accw the ftnancial position of the PCC aud which enable tbem to ensure that the fu]c1a1 statemeTrts comply with the ChÈEities Act 2011 and the Church Accounting Regulations 2006. They are also responsible for safeguarding the assets of the PCC and hence for taklljg reasonable steps for the prevention and detection of fraud and other irregularities. Electoral Roll Officer's Report and Church Attendance (Amy Bliss) Under the Church Representation Rules (Part l). a nem. Electoral Roll is rquired to be prepared every six year5. This was required in 2019 2nd 50 Rt will not be catried out again until 2025. The Elector&l Roll CUTrently Comprises 87 parishioners. We have removed 21 wbo have rnoved away and 3 who haN'e died. We have added 10 members to the electoral roll. The totsl nurnber of indikiduals current]y on our church database is 173. We have 137 adults and 36 children. The average Dumbers of adults attdIng the principal 5etvices inthe Par duTing the year are set out in the table below. The average number of attendees for the 9am seThice IMS remaiJJed the same at 5 people each week. The average attendsnce for the 10..30arn services iThcreased froto 56 in 2021 to 64 tn 2022. 2022 2021 2020 2019 Tradition Chutch 10.30aTn Morning Church 56 65 6pM Evening church NIA NJA NIA 22 Tllesday LChtiMe service ,IA NIA NIA Total Average Weekly Attendance Christrnas Attendance (inoludes Catol Service, Christmas Eve and chriSkn Da Easter Attendance (includes Go¢)d Friday and Easter Sunda Sm'ices 69 61 107 89 509 115 82 123 276
PCC Secretary'5 Report (Jane Snowden) The PCC met 7 t]¢S during 2022. The Management Group rnet on a monthly b&8is. Following the announ¢ernent of Greg Prior's appoillttuent as Archdeacon of Croydon the recruitment of a new Vitar be¢&iie the dominant concern of the PCC, with the Archdeacon of Wandsworth alld a representstive of the Patron attending meetings to clarify the process and the prepardtion of the Parisb Profile. The December tlleeting was the fo81 Section I I meeting with the election of PCC rq)resentativ&q to take part in the recruitsnent process. Howeverioutine business ¢ontirnked with discussion of The annual budget, including the pa}Tnent to the Diocesan Parish Support Fund How to two 5llbstalltial legacies New initiatives such Firt WedDesday and Bee & Ideas The developing relationship with ChristChurch@AIISaints with kndy O'Brien being licensed to the Parish and joining the PCC The provisioT) of pastora] care Regular monitorillg of the financial situatio Other property matteT5 including repairs at All Saillts Deanery Synod Report (Jeremy Crumplin) Wandsworth Deantry Synod met three times in 2022. A]J eetingS were held'in person", hosted by different churches in the Deanery. The Patish wa5 represented at all three etting5. Reports from the Deanery EnviroTllneTht Group became a regular item of business. The f]r5t rlleeting was held on 23 Ftbtuary. at St. Margaret's, Putney P2Tk Lane. C1 Hughes gave a presentation on the Church of England's extrernely challenging and co]nplex fillallcial situation. Lay d1r Gert)a Duncan also gaye a short report on the actions of the Deanery Environment Group. fflJe':stretch" objective of net zero by 2030 h&$ added to pressure on chur¢h finances.) The surner social event was held on 14 June, & SL Pa's, Wimbledon Parkside. In the absence of their Vi&, Lay Reader Norman Allen a i'ery enthusiastic bost. A Tneal wa5 served. providsng ample opportL]nÈty for networking. The glle5t speaker was Fleur AndeTson MP ILabow. Puthey}. who gave a short talk on her faith and development work. This n]eeting also notable for the allnouncement of an UallY large nwnber tsf Clergy 0veS. Pam Davies stood dowi Treasurer followijg this nieeting- I have recei&eA news on the apPOlt01ellt of a successor. On 9 Novejnber, the final Tneeting of the year was held at St Andrew. Farlsfield. Johnn) Sertin ta]ked about his work in pioneer ministy. lan Tatt)m Stood do1 as Area Dean. Jo])n Whittaker (Tcam Rector: SL Mary's 2nd All Saints. Putrey) was eon]missiontd as tbe new Area De with Susall Bolen (Vicar. St. Paul'5. Wimbledon Parkside) welcoTned D¢puty Area Dsan. There wL8 also a sIrt presentAtion ¢)u rOurCeS for chuTehes considering the nstalLation of solar panels. DE&¢[Y Synod r¢prescntatives arc up for electioll 2023. tbÈ P2rish is entitled to three members of laity. in addition to clergy and eMberS olthe General or Diocesan SJTro(L%. The time mMitLellt is stnall. It provides opportLJnities to compare practice and exchange ideas with other lo(xl church&s. Deanery Syn(xl rq)resentative5 also forni the electorate for positions on Genetal Synod. Safeguarding (Nicola Taylor & Karen A5hworth) We take our respoltsibilities for safeguardiDg children and iTrdnerable adults ill church very seriollsly and this is everyolle's responsibility. We aTr thankful for all the members of ow chutch family who volunteer tILeir time 50 generously. The roles that involve children and vuh]erdble adults rUIre a DBS and that safer recruitment guidelines att followe A Safe Church (our Diocesan safeguaxding EK)licies and procedurts) are available otiline at". ..1150Uthwark.an lican.or Safe uardin dioce52n- oli¢ies-and- r(Kedures. There is compulsory trainin& which requires updating every three years, for roles with ehildren and vulnerable adults. We aTe updating our klldividudl training records and adding this to Churchsuite to keep aCCat¢ record, Trainin The Diocese of Southwark lican.o If you have any safeguarding concerns OF queries regarding an adult or cbTI(L please do not hesitate to Contact the Parish Safeguarding Officers or the clergy or wardens.
Fabric Report (Paul Ashiyorth & Carl Hughes- Churchwardens) As a parish, we are pOnSIble for the repair and matenanCe of both of our chutch, the Properti which we own (74 Haldon Road 2nd the Holy Trinity C]¢b Centre) and &spects ofthe 2]ntenance of the vicarage (which is owned by the Diocese). As set out in the finan¢ial statements, we ineurred the following property related costs during 2022: Note 9- maintenance of churches and properties- £24.404 (2021- £66.799) Note 12- fixed Set additions (freehold prorty)- £2,819 (2021- £112.997) These propety-related costs incwred dring 2022 included costs relating to ongoing maintenance contraots and repairs for both churche5 and the ¢hwch centre in respect of.. heatit]g systems and bollers" lift. lighti]3ng cDnductors' electncal systerns, appliances and eTnergthLCy ligh fire alami Syste extinguishers andrisk assessments. intruder alanll systeln; and washroom services. In addition, the costs illCUTred relating to substantial woyks during the year were as follows: Holy Trinity Church- stOTtn damage repairs to the roof and noticeboards (covered by insuranc£ proceeds) Holy Frinity Church- repairs and refi]rbishment of the Swell of the organ- £7.200 All Saints C1tt4rch rofe5siI)nal ftts relating to preparlng for the final phase of tbe redevelopment and refibI5Lellt of the church (see below)- £1,320 During 2021, several significant projects were undeTtskeD which were substantially eovered by the genemsity of church fatnily ebe[s and a grdnt fro the Church Eststes Charity. These projects COIprIsed. at 74 Haldon Road. the construction of new kitchenldining extension" installation of new kitchen and appliance5,' refijrbishment of ground and first floors, including bathroorn" at Holy Trinity Chur¢h- exte1Ve repaiJs to the roof and leadwod( and the installation of a new organ blower. A final ret¢tIOn yaytnellt of £2.819 relattug to the at 74 Haldon R(>2d was made in 2022 2nd is shown os a fixtd asset addition inNote 12. The sums incutred on routine repairs and rnaintEnance would have been rnuch higher M'ere it not for the SLthst2ntial amount of voluThtary work undertaken on our builditigs by the Parish Maintenallce Grollp and certain 'or undertake at Holy Ttinity Church Centre by Noddy'5 NL utsery at the cosi for all of which we are eTho[mo]Y grateful. unfortLte1y. the property maintenance'to do. ]1* rEainS lengthy alld there are seva81 fillther matters that need to be addressed in 2023 and beyoniL Future WOTks which we Illta to undertake include tbe ftillowing.. Work$ 10 be undertakepJ during 2023 Repair of BeaumoTht Road gate piers and gates at Holy Trinity Replacernent of the external noticeboards atkd signage at All Saints Chur Repair of All Saints Church porch following darnage from car accident Oargely covered by snsurance clai settled at £50.000) First phase of makuw good damage to the walls ond piI&%tets at the frOt of the naye of All Saints Church Planning ongoing durin¥ 2025 Addressing matters raised in the QuitiquenDial Church Inspection Reports from our ecclesiastical architects Refi]rbishment or replacement of the Bethtein boudoir grand pi8Do at Holy Trillity Thurch (separate fiwd established) Final phase of the redevelopment and refvrbigh]nent of All Saints Church comprising internal redecoration and refibiShment of the entrances, Tbave. chancel and galleries; consbuetion of att extension to provide moTe toilet facilities; aTLd externa] rederatIo (ultiTnately dependent upon raising significant funds, including fro t- making bodies) Underpinning of the ¢hancel and apse at All Saints Churth and re-land5caping of the churchyard (to be undertaken in conjunction with the Wand5WOrtb Regeneration ProjecL if it PToc£eds)
Warden's Report (Paul Ashworth) Another ytrdr has passed in the Parish with so much change. This report reflects on a few of th¢ ways that God h&8 reTnained faithful to us as we tsust in Him through his Son, by th¢ Holy Spitit "The Lordi¥ niy helper." Iwill not be afraEd Ivhai can mere mortals do io me? RemeFuberyow leaders. wl spoke the wordofGod toyox Consider outcome ofiheir way oflrfe imilale theirfoiilL Jesus Chr1 is the somey¢erd(ry ioday andforever." Hebrews 13..6-8 "Rell]ember )'our leadtrs wliD spoke ilie wordof Godio J'ou- We think of Greg, m.ho after 18 yar5 of faithful ministy here in DeceTnber left to become Archdeacon of Croydon. Over the years he shepherded us by faithfully speaking the gospel aniL totsether with Judith, opening up the vieardge (keeping well fed wsth that South Affi"can hospitslity) and remaining ttue friends &$ we all Tnoved online during COVTD. There were noticeable enhancements to the Parith during their time with us, including refurbishment of All Saints and Holy Trinity church buildings, the creation of the churth offices in the LsnL training of numerous curates and mini5ty apprentices. establishing close ties lo tnany Tnissionary organisations and cementing our relationships in the community (Pines, Royal Hospitsl for NTeurckdi58bility (RHND), St Cecilia's School, and ChristChuTch@AIISaints, to name a few). We continue to prdy for Gr and Judsih. that G(xl will provide wisdom and guidance 85 they tske on their new ministry in Crirydon sllpportiDg all those panshes. We also thank God for providing us with JacK who, having arrived for trdining in ininistry under a supervising Tricar. for the past year ha5 been our'icarf' in all ways except title. Consolidatints what we were doing with &ryre, effort and thought, as he led the way from the front of church on a Sunday. He encouraged us to have a Specific focus on those who were new and seeking to ake us tnore vssible and newcomer friendly. We wish hini and Luci. all the best as he continues his trdining for the final year of curacy at St LawTence in Moiden. They will be sorely missed. -CoDsider the outcome of their >. of life and imitate theTr f2itb." This year, as we went into interreonutn, as a PCC we iiere rwuired to write a parish profil< which is the public document that describes our parish to potential candidates to become our Dew viw. It was an encouragement to reflect on where we ar¢ as a parish and wh2t our prioritics ar4 th build on wljas we have learnt and reaff our migsion to know Jesu5 Christ #nd to make Him known. Thi5 prwess helped us to see our parish 8S two churches (with Hoty Trinity at the top of Wast Hill, and All Saints at the bottom. in Wandsworth to centre) E()th with vibTant conWions but diffet5ng demographics. church staff teams and managetnenL We confinned our: beliefs as an Anglit2n evangelical church COTnmitted to a clear Bible ministy seeking to upholL defend and spread the gospel of Jesus Christ as showij to us in the Scriptures. desire to b¢ in the ¢oTnmunity building on our partnership5 and seeking to reach out in mission. intent to be a wam and friendly congregation who delight in eeting and supporting each other in true fellowghip. We are blessed with our parthership with ChTiStChurch@JllSaints whic14 aft¢r just a eouple of years meeting at All Saints. including through the ¢ovid pandemic, is thriving under And) O'Brien. Focusing on the opportunities that being in to1 centre provides, a number of inirialives haye been including working wsth the Holy Trinity family in mini ty with childten and the elderly. It was great tt> hai'e a joint rvice sn January to encourage and support each other this year. If you have not seen the parish profile. it 15 on our website at h s:IA¥ww.wandsworth.churt]blhottLe Many thanks to all th(e members of the PCC who have given frd[thl service through this tricky year.
Warden's Report (colltd) "Jesus Christ is the same )'esterday and I#Y foreye We look now to the firture knowing thaL while so much h&5 changrt God ljas noi and so we wtll CODtinue to put our faith in hitH. Firstly. it W&8 great to be able to announce the aptK)inunent of out new Yicar, David Simpson, along with Olivia and their four Children. David trained at Oak Hill. haying also attended the Comhill course. and currently has a role as chui'ch planting curate at Holy Trinity Brolnpton. Prior to 1] time ministy, he was a Director of Cantab Asset ManagemeDL having obtained a qualification in Financial Planning. T am sure that the church family will make David and Olivia and the family welcome as they settle in over the Summer. There will also be changes in our lay leadership with Carl Hughes stepping &$ churcl]warden in the light of his nomination as Chair of the Finance Committee of fhe Archbishops CoLm¢il by the N'o archbishops. hopefully to be ¢onfirtned by the GeD¢rdl Syn(>d in July. His duties will be to provide strategic ffftancial directson and oversight of the finances of the Church nationally. Based on the amazing WO Carl has done for the Parish over the )ears as Warden. PCC member and general fountain of all knom'ledtse and wisdom, we are sure the national church's fmances 11 be in good hands. We will miss his active participation in the leadership but very glad that he and Teresa (behind every great man...) will continue to play an active role in the parish for the fortseeable fitt]Ere. OIIRe Butlin, as Ordinand studying at St Melli4 has been a great asset to taking on Tnote service leadsng and preaching responsibilities and setting up new initiatives such &8 Beers and Ideas. We a sory to lose the services of Geoff CovDe a5 our Pastoral Care Coordinator. He took on this r(>le in August and has done much to develop the structures for pastordl care in our parish but has recently stepped dtsm. We are grate] for the small band of Carers who continue faithfully to Yisit and provide much-needed prd¢tical and spiritual support to the elderly> Sick and housebound and who continue their committed and largely uttseen Work with much perseverance and love. We are algo grateful for Amy Bliss h0. as our invaluable Parish Office Manager, has done so much behind the scenes to keep the PaTish going with all the changes hapt*ning around her. She has proved to be a safe yair of hands that we really rely on in so rnany ys. Finally, a huge th3nk you to Jane SnowdeD who is stepping down as PCC s• have been in this role for a5 long as I can reFtJetnber. with just a ghort (Kcasional break. The meetings will llot ix the Same without her. Of course. it is natural to feel trepidation wheTe there is much change iK)th Tn the Parish and the wider church, but we have a firn] foundation froin which we will step out in faith knowing that Jesu5 Christ is imrnovable. the Same yesterdtty, today and forever, and our firture is certain.
inaneial Review (Gary Carpenter) The fancial ststements presenttyj M"ith this report fi>r the year ended 31 Decelnber 2022 comprise the intome alld expendkture and the Sets and liabiliti£5 of the Parish of All Saints with Holy Trinity, Wandsworth. The incon]e, expenditure, as5et5 and liabi]ities of the Pw75h are accounted for within restricted 8nd unre5tri¢ted fi]llds which are detailed in Note 15 to the annual finan¢ial statements. The restricted fonds comprise tmounts doDated to the PaTish for specific purposes and the expenditure on the projects to which they relate. The unrestricted funds comprise the General Fund and designatcd fiwds: The General Fund is used for the general tnini5ty of the Parish. The designated funds are rrLonies put aside by the PCC for specific purposes and comprise the following.. The Mission Giving Fup7drepresents the PCC'5 decision to comrnit to providing grants for the support of mission activity outside the Parish to the amount of 5 /0 of its unrestticted giving inc0C and associated tsx recoveTV. The FiredAs5et Fwidrepre5ents the net book value of the PCC'S tan7)le fixed assets as these are resources which aTe llot readily available forthe PCC'S otheT general purposes. The legaciu left to Éheparlsh bYAn Joslin ap7dMiwaJopw in 2021 and 2022 have been set aside in a fijnd designated to be used for specific prOjt or projects iD their TThemory. but not yet deternisned. Sl&lemÉAI FinunciulAcliviiies In the course of 2022. we accounted for leg2ckes fro]n the eststes of Joslin and Myrn Jones of a total of £196.517 (2021: £20,000) of which £23,000 w&s actually received in 2023. Jn 2021. we benefited frortk iyjcome of £144,988 in response to an Appeal for three cIfiC projects.. to repair Holy Trinity church roof and the Or8 al the extensioIk and refvrbishment of the Curate's house at 74 Haldon Road. Total income excluding these items vtss £213,693 in 2022. wbith w&% encouragllgly I/¢ on the prtor year's £193,754. This income reflects only the fillancial support provided by church membets and llo attempt l5 made to put a fll)2ncial value on the huge amount of tiTne, energy 3nd talelts provided voluntsr51v. The PCC continue5 to be gratefid for the generosity of church mellLbers for ti]is support. Total expenditute in 2022 atllowrted to £200.381, whicb was down 51ightLy on the £211,395 inCued in 2021. excluding the special projects. The net efftct w&% an increase in funds held by £209.829 (2021.. £107,809) of wbich the legacies accounts for £170,517. Unresiricled FUN( General Furtd Our accumulated General Fwid ba]allce increased by £2,755 (2021.. decrease of £22,479) in the year to a total of £78,882. Total in¢oTne of £189228 (2021.. £172,642) is nearly I/th vp on last yeor. We obtained grants of £6,254 from the Listed Pl&ceg of Worship Grdnt SChee to recover VAT paid on repairs in 2021 and £1,400 from ChUh Of England towards energy bills. Regular giving alld douations were up 3°A OD 2021. The aTTangesnents Wsth Christ Church at All Saints were varied so that they now pay for energy ¢05ts but are Charged a lower rent. Withsn rental income, we trarned nearly £6,000 from short tem] bire of Holy Trinity church to Beyond AUtisL and bellefited frollL a return to nornjal school Christm&s servic4s. Total expenditure in the Genernl Fund was £179.614 {2021.. £183.118). The arllount u)ntributed to the Diocesan Parish Support Fund was unchanged at £78,000. We itlcurred £7.200 in orgdn repairs but only £1.320 for professima] fees in respect of All Saillts redeveloptnenL cojnparnj with £10,784 lastyear. Other a]ntenance costs were at 8 similar level to 1&8t yur.
Financial Review (contd) b. Jvigsion Gtving Fund In accordance wlth the PCC'S policy, a transfer from the Genera] Fund of 5V/fj (2021.. 5 /) of UTwegtricted diTect giving income and associated tax relief has been ]nade, aOUnting to £6,728 (2021: £6,358). Grants and gifts totalling £7,600 (2021: £8,000) were made and there is £688 still available for alltKation in tt)re year5. c. Ann Joslin ttndmyrts Jones Mernorilll Funds Dumg 2022, we accounted for legaties of £196:517 fro the eststes of Ann Joslin and MyTa Jones, addillg to the £20,000 received in 2021. The PCC has deterrnined these mollies should not be relied upon to meet the Parish's day-to-day expenditure but used for specific wojects in their Jnemory. Candidates for projects are being exaed but no decision has yet been n)ade. ReslrieiÉd Fund5 The restricted fld5 are set out in Note 15 to the accounts. tncome for tbe ChTiStiaD Workers FuDd duriDg 2022 of £5200 (2021.. £10.996) included a gtant of £3,000 (2021.. £9,000) for the support of the Pastornl Care Coordsnat(Trr. After yeat's unTh]sually high expenditure due to the rent paid to &ccommodate the Curate and his wifr whRLe the woth on 74 Haldon Road wa5 being Unde)tske expenditsre has re[Led to a n)ore nornial leyel of £6255. representing the sa]8ry of tbe P&5tOTal Care Coordinator and the ¢osfs of the Curate, other thall his stipend which is paid by the Dioce The balance OD the find carried forward is £46.811 (2021.. £47,866). Christ Church @ All Saints have been 5uccessfvl in obtsining t fundi0 of £10,000 frorn the jenaern TNst for the commissioning and installation of artwork iu the All Saints church building. This fidillg was paid to the PCC and we have passed £5,000 on so far. The balance will be paid upon cornpletiO]L extKcted in April 2023. So far, £7,630 been raised by Carl Hugbes in celebration of a mile5tolle birthday. The fun(L8 are to go towards the rellovation of the grand pltino at Holy Trinity. Bulttnee 5heel andcftshflows The Parish had net assets of £775,514 at 31 December 2022 (2021.. £565,685). This increase of £209.829 Ihrgely reflects the legacies received of £196.517 and the increase in restri¢ted fill of £10,717. The cash balttllce has increased by £176.536 to £346.958 {2021.. £170.422) but £80.777 (2021.. £70,.720} of this money is set aside for the PUTposes of the re*rRcted fund and £190.£71 for the e]lloria] fLmd5. The balance available to the General Fund is £75,610 (2021: £79,9(Y2}. The reduction in cash is partly accounted for by the retention of £2,819 paid on the 2021 Haldon Road developeL Looking fjheod The PCC has establlshed a reserves puliiy that 5cck5 to targct a G¢neral Fund balall¢e equal to three months, expected expenditure, which is £54.000 a¢cordiJJg tts the 2023 Finaocsal Plan. The balance of the fi]Thd at 31 December 2022 is £78,882. which is therefore more than is required the policy. The fancial plan for 2023 foresees a CODtinuation of the wrrcllt lev¢1 of direct giving 8nd provides for expenditure levels in the General Fund £28.000 higher than 2022, l&gely due to mainte]wice cost increases. This would result in a deficit in the General Fund for 2023 of £42,000. This would absorb the brougbt forward reserves bringing the level down to £17:000 below the target aoUnt This means that we need to gri)w our income above current on-going levels to ensure we finaTLcially sllstainable. The finaDcRal plan incllldes increasing the colltribution to tbe Diocesan Parish Supwrt Fund to £80,000, up from £78,000 in 2021. This reaInS slightly below tbe level ryiTed to pay our way &s an average parish with an incumbenl which 15 £83,500, We are gratefid to ollr generous God as. once again in 2022. we Ilave been able to at least break even in the General Fund, even without the legacies. We can be ¢onfJdent thaL &s we a¢t as responsible stewaTd8 of the He give us, He will continue to provide for the ministy of chuTch itl 2023 Èlld Ixyond. io
Finalleial Review (contd) The PCC reLain9 very appreci2tiYe of the generous gifts tDade b} matry in the Parish. However, without a significant InCree in income. we shall not be able to close the deficit and that i5 before we can be ]nore generous in our SUPPDrt of mission organisations and the Diocese going f¢)Tw2rd. May l therefore encourage every meFnber of the chCh family to Use this annual review as an opportllnity to consider carefully again their support for the gospel work here in Wandsworth thtough regular. committe& tax-efficient gsving. May l also take this opportunity to remind you: if you have not wtitten a will or teviewed it recently. to do so and to consider leaving a gift Èn your will to the church? The evidence of this year shows h4)W ttzllsfonnational a legacy can be and PToviding a legacy to the church is a wa¢tica] way of showing gratitude to God for all the blessings we hav6 enjoyed during OUT Iivos. On behalf of the PCC on 19 April 2023 Paul Ashworth {Churchwardell) Carl Hughes ( utchwardell) li
Parish of All Saints with Holy Trinity Wandsworth INDEPENDENT EXAMINER'S REPORT To the Parochial Church Council of the Parish of All Saints with Holy Trinity Wandsworth Respeetive responsibilitie5 of the Parochial ChUb Council and Independent Examiner The Parochial Church Council is responsible for the preparation of the accounts. The Parochial Church Council ¢L)nsider that an audit 15 not required foi this yegr under section 144 of the Charities A¢t 2011 (Ébe Charities Act) and that an independent examination ss needed. It is my responsibility to.. examine the accounts under seciion 145 of the Charities ACL to follow the procedures laid down in the generdl Directions given by the Chartty Commission (under section 145(5Xb) (>f the CharitEes Act), and to stste whether particular Matte have come to rny attention. Basis of Independent Examiner's Statement I have examined the accounts for the year ended 31 December 2022 set out on pages 13 to 26. Mv examination w&s catsied out in accordance with general Dire¢tion5 Ven by the Charity Commission. An eXainatIon includes a review of the accounting recL)rds kept by the chatit}' and a comparisoT] of ihe accounts presenied with those reGords. It also includes consideration of any unusual items or disclosures in the accounts: and sceks explanations from the trustees concerning an) such matters. The procedures undertaken do not provide all the evidence that would be required in an audil and consequently no opinion is given as io whether the accounts PTesent a 'ttue and fair, view alld the report is limited to those rnatters set out in the statement below. Independent Examiner's statement In co[eCtion with Tny examinatioo no matter has ¢OTne to my attention which gives me reasonable cause io believe that in. any material respecL the requirements= to keep accounting records in accordance with section 130 of the Charities Act; and to prepare aceount5 which accord with the accountin(¥ records and comply with the accounting requirements of the Charifieg Jiet have not been met; or 2. to which, in my Opinio attention should be drawn in order to enable a proper understanding ofthe accounts to be reached. DavidJ. RylL7psd Independent Examiner Chartered Certified AccollntaDt 373 Wimbledon Park Road Southfields London SW19 6PE 2023 12 | Page
Statement of financial activities Year ended 3 1 December 2022 2022 Re5trieted 2021 Tota iJnrestri¢ted Total Notes Income Voluntary iw0e Incollr froEn investrtnts In¢ome froro ClIAble activities 348,560 8.055 29,130 24,465 373,025 8,055 29,130 325.973 7,338 25.431 Total income 385,745 24.465 410,210 358,742 EXnlture ou cbaritable activtties (187,214) (13,167) (200J81) (250,933) Net income 198.53 1 11.298 209,829 J 07,809 Trawftr5 between fi]E5 15 581 (581) Net Veme in funds 199.112 10.717 209,829 107,809 Funds at beginning of year 494,702 70.983 565,685 457,876 Fund5 at end of year 15 693,814 81.700 775,i14 565,685 The notes oll pages 16 to 26 fom part of these fjllancial str1e¢s. 13
Balance sheet Year ended 31 December 2022 2022 Unrestricted Kestricted 2021 Total Totxl Notes Flxed a55ets Freehold land and buildillgq Other tangible fixed assets Total red assets 12 12 394.816 2,911 397,727 394,816 2,911 397,7?7 391,997 5,018 397,015 Current assets Debtors Cash at baDk and in hand Total trrent Assets 13 37.400 266,181 303.581 1,013 80.777 81.790 38.413 346,958 385J71 13,101 170,422 183,523 CUent lixbyjities Creditors.. attK)wts fatLillg due within one year 14 (7,494) (90) {7084) (14.853) Net current ets 296,087 81.700 377.787 168,670 Totsl net #ssets 693.814 81,700 775,514 565,685 The fun(L% of the Parish Restricted fistxjs Unrestricted fills General fi8 Designated fi Total funds 15 81,700 81.700 70,983 15 15 78.882 614.932 693,814 78,882 614,932 775,514 76,127 418,575 565.685 15 81.7(10 The notes on pages 16 to 26 fornpart of tbese fiDattial statellrN5. Sigd for and on behalf of the Paro¢bial Cburckl Council of the Parish of All Saints with Holy TriDity. Wandsworth Charity number 1143840 Gary Carpenter Treaser PaulA¥lnvorih Cbwchwarden Carl Httghe Churc1aden 27 Mar¢h 2023 14
Statement of cash flows Year ended 31 Decetnber 2022 2022 Re5tri¢ted 2021 Total Total Notcs Cash flows from operating activities: Net cash generated by operatsng activtties Cash flows from illvesting activities: Capital expenditure ]tL¢ome frorn investnEnLs (a) 160.462 10,838 171aOO 120,024 (2,819) 8,055 (2,819) 8,055 (114,888) 7,338 Change in cash in the year 165.698 10.838 176,536 12,474 Transfers between f8 Cash ai l Jarn]ary 58l 99,902 (581) 70.520 170,422 157,948 Cash at 31 Decernber (b) 266.181 80,777 346,958 170,422 (a) Reconciliation of net itkcomel (eInltUre) to llet casb l10Tr3 tIng actiiryties 2022 2021 Totsl Unrestrictrd Restricted Total Net income for the reporting period (pgr the Stalemgpsl ofFinancTalActivitiJ Adjusttnents for: Depreciation charges Jncome froEll Investllnts Decreasel {iELcrease) in debtors (Decrease)l incre&8e in creditors Net C}h genergted by operntin8 activities 198,531 11298 209.829 107,809 2.107 (8.055) (24.762) 7,359) 160462 2.107 (8,055) (25J12) (7,269) 171,300 2,107 (7,338) 7,853 9,593 120.024 (550) 90 (b) Analysis of Cash 2022 Re5tri¢ted 2021 Total Lknrestricted Total Ch in hand On deposit at bat]k Total ,105 265.076 266,181 165 80.612 80.777 1,270 345,688 346,958 311 170,111 170,422 The note5 on pages 16 to 26 fompart of tbese finarKial statenrnls. 15
Notes to the accounts Year ended 31 Decernber 2022 l. Accounting po15cies (u) Basi¥ ofpreparalion ttnd of5assm£nl of goirtg con¢Érn The financial state1}ts baye beell prepared ter the kn"Morical cost collvention and in accordan¢e withthe Statement of Recon]tnended Practice: Accowiting and RertI by Cbarities, applicable to elwities preparing their finaocial statements ill ac¢ordance with Financial Reportillg Standard applicable in the UK and Repllblic of Ireland (FRS 102) aThl the Ckwities A¢t2011. The Parish Tneets the definition of a public benefit elltity under FRS 102. The Parochial C]llCh CoTm¢il ("PCC") cotL8iders that there are no material ullcertainties about Parish's ability to continu¢ as a going concern. Wlth respect to the i1r¢pOrt1Dgperlo the K)st significant area of ullcertsinty that affects the Parisb's financial COltion is the continuiDg level of donatits received from church members. (b) Funéts UpRrestriciedfvnd¥ represent fv fimds ofthe PCC that are YK)t subject to any cotstsaints rerdIng their use and are avaklable for the getrral purposes of PCC. TIKse 5n¢lude fjjttds designated for a particular purpos¢ by the PCC which are described fvrtber in Notr 15. Rgstricledfvpstts represenT donations or received tsr a $cfiC object or invited by PCC for a specific objecL These fidS rnay only be eXPeIed on the specific object for which they were givetL Details of the restricted fil are provided inl¥(ytr 15. The finarJaI ststerllEKttS incIle all transa¢tioa8, assets and liabilities for wbich the PCC is responsible in law. Tiw do nL¥t illc1e the fiDall¢ial stateTwnts of ChUrch0S owe an affiliationto atDther body. those that are inforrual gdthersDgs of chLw¢h members. (c) Domttlions legaci Don&tioDs and legacies are re¢ognised wlrn the entien0t to economic benefit ha5 passed to the PCC and its monetary value Can be measured reliably. AnJ)utsLs receivable wxler forn ofplaDued ging are only recognised when received from the donor. Grallts a1 legacies are accoLlltrd for when entitJement is notified, the an[ receivable is qualltifiable and its tite re¢eipt is probable. InCOll tsx recoverable on donations given utder Gift Aid is recogmised at the dtiO (d) Other iiicorne Rental incotne fromtbe letting of ¢bch pren)kses aTd other properties is aceouDted for wknreceivable. Jnterest iricome is accounted for when due. Parochial fres duE to the PCC for weddingq atyl fillmls are a¢trted for at tbe fin of evenL 16
Notes to the accounts (continued) Year ended 31 December 2022 l. Accounting policies (contAnued) (e) Church PeNdituTe Costs are accoutjted for when incurred. PaY[ts to the Diocese of Southwark Parish Sw)port Fwid are a¢coutrted for when due. These are volwrtary Contributio to cover the costs of Cler stipends, housirg and trainin& as well as other diocesan costs. Fired assets The freelK>ld property at 74 Haldon Road, owued by the PCC for fv accornmodation of sta]T xs sknwn at cost This colltpri5es the original cost of pwchase plw the costs of illprovelltnts: including associated professional fees. This property 15 not depreciated but its value is reviewed periodically by the PCC to detenllitie whettr any write down of its calrying valtt is required. Tr PCC also Ow5 the freekx)Id ofthe HolyTrinity CkLwch Centre. adjacentto Holy Trinity Church This prortY is inclth ill tl accouttts at cos( beit]g a nomillsi of £1. Consecrated and bettfi¢ed properties are removed fromthe defiDition of ctority ullder Section 10(2)(a) and {¢) ofthe Charities Act 2011 and therefore tIKse assets are excluded froTnth fiDawial statemerts. The PCC ieraills responsibility for rnaintaining tbese protrties alld so costs incurred by the PCC for the repair, MaIntene or improvement ofthese assets are clHrged to the and experKliture a¢coutL Church finishillgs Ild by the vicar and chwchwardens on special thjst for PCC and which require a faculty for disposal are accounted for as inalienable propety attd also tlded frorn tbe fiwKial statellrnts. All eXpe]lture ill¢urred on the pUte or llwovemert of individual assets acquired at a cost generally less tlwi £1,000, or onthe repair or Jnaint£nance of thweh bldIg5 and fittings. is expensed in the year in wbich it is in¢urred. Other itellts of office equipllnt a1 ¢lwch &%sefs are recorded at cost and are depreciated over their expe¢ted usefv] lives at follows= Office equipnwjt - photocopier, computers. telephone S¥t office fixtres fittillgs Church assets - piano - noticeboards S years - 20 years 10 years 17
Notes to the accounts (continued) Year ended 3 1 Decentser 2022 Voluntary inc0e 2022 Restricted 2021 Totsl Lhwestrictrd Total Regular giving baL¢'S order Charities Aid FOation and similar -efficientfor[tts of giviug Collections, including 8i£Ls in envelope schell Grants (Nok (a)) Lzgacies Other donatio lucome tsx recoverable under Gift Aid 52.353 1.600 53.953 57.740 58,225 58.225 9,060 9,060 7,654 20,904 196,517 196.51; 9.814 17,954 14,937 16.412 348.560 373,025 (a) tn 2021. for restricted fimds illclwle £60,000 fromthe Cblrch E%tstes Cbarity, the trsleeS of which are the vicar and wardeus. 73,650 4,561 72.000 20,000 75.444 22,578 325 973 13250 8.140 1,475 Income frnm investments 2022 Restricted 2021 Total Lhrestricted Total Bank interest (oss} Property income 765 765 7,290 8,Oi5 48 7.290 7.338 8,055 tll¢ome from cb2ritable 2Ctivities 2022 Resrricted 2021 Totsl ihrestrictrd Total Fwleralg Weddin2s and ballus Other fees Hire of properties Holy Trinity Clllrch CeDtre Chch buildings and ewtilage 1.037 .032 32 1,037 1,032 32 180 1.123 7,751 19278 29,130 7,7il 19.278 29,130 12,778 11,350 25.431 18
Notes to the accounts (continued) Year ended 31 December 2022 5. Allalysis of ex]ture on charitable attltieS 2022 Restricted 2021 Totsl Ullrestricted Total Notes GraDts and gifts to iThlividuals and otl*r organisatio Expenditure on the Parish's own D]iDisty Direct Tninisty support costs Chwch and tDinisty expEIltyre Maintenance of churches aod properties Ciwrch aiJmtni5tration 7.600 6.778 14J78 9.850 3,126 117.821 24.155 loo 6.040 249 3226 123.861 24,404 34.512 186,003 200J81 2,245 138.905 66,799 10 179,614 187.214 6,389 13,167 241,083 250,933 Total expendithre on charitable activities 6. Grnnts and gifts to individva]s aDd other org#nisatiolls 2022 2021 Total LDrestricted Restricted Total Christ Church at All Sai])ts {') Theophany Teells Care Jnternational (supporting P(wl maaTY) iserve Africa ff) (supporiingPeier K(n0) Peter Kart0 Nathan Prtor- n]inisty apprenticesillp (') New Growth Ministrles Royal Hospital for Newodisability Chaplaiwy (') ()pen Doors Chw¢h of England Evargelical Council (') Lnndon City Mission Total * Relatedporties." The 5tDsor pastor at Lhrisi Chur¢h is A1r¢W O'Brien who 15 J nrnbOr of the PCC. The Vicar. reSigd on 3 December 2022, is a trslee of iserve Africa. Nathan Prior is his SO A meEnber olthe PCC, Geoffery Coyt, is the chaplain at the Royal Hospital for Newodisability. A clJUrchwarde Carl Hughes, is a llther of couucil of the Church of EDgl8Th1 Evangelical Council. 6,131 6,131 2,000 2,000 3,750 2,500 2,000 1,000 1.000 400 2,000 1,600 1,000 400 600 2,100 500 500 500 400 400 400 400 400 47 447 7,600 6,778 14,378 9,850 7. Direct njinistri sUPrt costs 2022 Restrkcted 2021 Total Total fi]nds Books atd tracts Cgurses Events Chwch gTOUPS Seniors Eninisty Youth and ¢]Mldreu's ministry Total 116 loo 216 94 53 2.856 62 S3 2056 62 407 52 55l 39 39 1,141 2,245 3,126 loo 3,226 19
Notes to the accounts (continued) Year ended 31 December 2022 Church and ministry exrenditure 2022 Restricted 2021 Total iFestr[cted TotAI Diocesan Parish Swort F¥1 Vicavs and staff ewertses Ministy As515tants Renration Church and church property expenses Clealling Depreciation of cknrch assets Gas (Note(a)) Electricity (Note (a)) 78.000 1,584 78,000 1.634 78,000 1,888 50 3,521 3,521 6,458 7.607 78 12.466 3221 11.804 305 2.086 7,607 78 12,466 3.318 12,450 1.997 2,086 8,290 78 12,689 8,481 12,148 336 977 97 646 1,692 Rates and water Organs and pianos - tinLing al servici Sub5criptioThs and SLllthy dollation 670 28 698 760 Total 117.821 6,040 123,861 138,905 {al Ga5 and electrickty ¢0sts in 2022 eXcIje costs relatingto All Saiuts ChCh as tiwe are now borne directly by Cbrist chCh @ All Saints. In 2021. tbese costs were £7.173. MaintenaDee of churches 2nd properties 2022 Unrestricted Restrict£d 2021 Total Total Church building development All Saints Church (Note (a)) Repai and maintenall¢e All Saints Church Holy Trinity Church 74 Haldon Road 1.320 J?20 10,784 2.918 6.423 2.918 6,423 249 7.200 6,294 23,084 1,524 27,578 1,686 17.620 7,607 56,015 249 7200 6294 22,83) Rothine servicing llttirrtenaT (Note (b)) 249 249 24.404 (a) Professiollal fees in relationto llojor works p1all(L (b) Routine servicing and nEintelle I1leS sh costs relatiogto litring conductors, appliances and ecrgeThCY lightins fire a1 inttuder alarms, extsLwithers aod related risk asse55llrnts, ehurch centre IktL ¢entral heating boilers atMI similar. 20
Notes to the accounts (continued) Year ended 31 December 2022 10. Churcll admitratIon 2022 Restricted 2021 Ullrestricted Total Total Pr[TrtI stationery, postage aNI swwlies Parish offi¢e telephone and broadband PiSh of5ce equipnw Parish administrator rellll]neration Professional fees Depre¢iation of office equipnwtt Publicity and website ¢osts Licences &NI subscriptions 561 3,691 419 21,487 2,351 2,029 2.491 1.402 81 561 1,224 4,065 718 18,365 2,338 2,029 2,266 2,023 106 33,134 3,691 419 21,487 2?51 2,029 2.491 1,402 81 Total 34512 34.512 Professiollal fees ilUde an 8llK>Utrt paid of £1,750 to & Indepe]MleDt Exanllw (2021: £1,710). 11. Employment costs EEry)loyee costs illcluded in re$ 8 10 aly)ve collwise the followill 2022 2021 Salaries Enyloyent allowance National ill8Lrawe aud persioll contributions 24,283 (1,428) 2,153 25,008 24,3 14 (1,470} 1,979 24.823 Average of ell4)loyees EEry)loyees eXCle the VIC and Qrate wlK>se rernutmtion is paid by Diocese. 21
Notes to the accounts (continued) Year ended 31 December 2022 12. Tangibk red 2s5ets U2]restriCt fi]n(L% FTeehold prorty nolas (a).fbJ C1Ch &%sets Equipllrnt Toral Cost At l Janry2021 Additio4 At 31 Decernber 2(r22 391,997 2,819 394,816 2.045 108,920 502,962 2.819 505,781 2,045 108,920 Depreeiation At l Janw 2022 Charge foi the year At 31 Decethr 2022 (1,763) 78 (1,841 (104,184) 2,029 106,213) (105.947) (2,107) (108,Oi41 Tr4et Book Value At l JaDw 2022 At 31 DeceIr2022 391,997 394.816 282 204 4.736 2,707 397,015 397.727 {a} The freeknld property at 74 HaldonRoad is a¢courtted for at origillai c05t of acquisition plu% the costs of the exte10 and refitrbislmt i]rred in 2021 a5 2022 (includiDg profrssional fees). (b) Additional freehold pri)pety, Holy Trinity Chwch CeKtr< adjaceDtto Holy Trirrity Church (whR¢h is held at cost at a n)Inal atrourt of £1). is kld in trLtst for the PCC by the Rochester atld Southwark Diocesan Church Trust 13. Debtor5 2022 Restricted 2021 Totsl tricted flnds Total Tax recoverable Accots receivable (a) Prepaynents Total 3,413 33.367 620 37_400 1,013 4,426 33J67 620 6,667 5,823 606 13,101 1,013 (a) Accounts receivable includes lega¢y received in 2023 but tified in 2022. 38,413 14. Creditors: Ollts falting due wtthiD one yexr 2022 Restricted 2021 Total Unrestricted Total ACcots payable Other a¢cn]als Tot21 2,014 5.480 7.494 90 2,104 i,480 7584 4.824 10.029 14,853 90 22
Notes to the accounts (continued) Year ended 3 1 December 2022 15. Funds all8tysis Note l Jan 2022 M0vellnts dwiDg 2022 Trallsfers tttonK Expenditure 31 DeCeMr 2022 Unrestritted funds General Fd DeSited Fw 76,127 (6,859) 189,228 (179.614) 78,882 Fixed Asset Fuud (a) Mission Giving (b) A. Joslin & bL Jones Memorial Futyjs (c) 397,0 15 1.560 20.000 712 397,727 688 216,517 614,932 693,814 6,T28 (7,600) 196,517 196.517 385,745 418.575 494,702 7,440 581 (7,600) (187.214 Totsl unrestricted futlds Restricted funds Christian Workers Bells Deallery Mission (d) Wandswortlj Missioll (e) Cbrist Chwcb at All Saints (f) Holy TrinityPi¥no Youth Work Selliors Minislry Parish of Wandsworth Poor Fwid (&} Other specific giti8 and ¢ollectiOTLq Total Stricted funds 47,866 7,017 972 988 5.200 435 (6.?55) (34) 46,811 7,418 972 57 5,050 7,630 3,775 2,490 7,497 {931) (5,200) 10,250 7.630 3,875 2,365 7,497 403 (100) 125 (581) (581 825 1647) 70,983 24.465 (13.167 Total funds 565.685 410,210 {200,381) Details of income received dingthe year are provided illTM)tes 2 to 4. Details of e51e tncurred duringt year are provided in notes 5 to 10. Designated Funds are tbose fimd5 set aside for a particular pw05e by the PCC. (a) The Fkxed Asset represents thE uet ly)okvalue ofthe PCCS fixed assets which are resowce5 that are not readily available for the PCC'S other getwal purposes. (b) Thc PCC has resolved tht 5D/o of inre8tricted direct giving (inc1]8Xre¢OVery) in 2021 (2020.. 50/0) 5htsuld be allocated to exEemal mission organisations or itilividua15. The Mi55ion Giving Futtd I been set up accordingly. {¢) The PCC has resolved that legacies left to the parisb by Ann Soslin alld Myra Jones in 2021 aThd 2022 should be set aside itL a fund deSIted to be used for project or projects In dKir memory, but not yet determilled. The Restricted Funds have been established froTnllK>nies received fro tbe Parish's special appea15, grants, specific collections aELd donatio$ for SifiC pwses. (d) The Deanery Mission Fund ¢oEt]prises from SotharkDiocese for the pwose of Tnk%gion inthe WandsworthDeanery. (e) The Wandswortbmission Fwyl collwrise5 receipts fro]n chwc]Rs ill WarylswortbwhiC together with the PCC'S ¢olltributioo are Spent on Wandswortb ]nission events. (fj FdS received byts PCC frorn third parties for tr s)rt ofthe ltsty of Christ ChCh at All Saillts. (g) Tbe Parish of WandswortbPoor F'S objective is the relief of the poor of the Parish of WandswortlL 1he Parish of Wandsworth Poor Fuud was estsblisbed ID Febrw 1995 pW$]nttQ winding of the following charities.. Vlscouut SL JolJtL CIRriry {reg'd. charity nthr 255709). Sir H. St John Charity (255708). E.A. Horne Charity (2512511. Du Bowsson or LyiDg iu Charity (240332)" Marion Barker Cl)arity (250331). 81,700 775,514 23
Notes to the accounts (continued) Year ended 3 1 December 2022 16. Comparative iDfornatio Statement of fmantial activities 2021 Restricted 2020 Totsl ikntric*d Total Income Volulltary incon from Investllnts Jllconr from charitsble activities Total income EXnd[lure on cbaritable activities Net {eInditUre)1 itjcome Traosfers between futKIs Net movement in funds Funds at TrKtsinning of year Fuv(Ls at end of year 159,873 7,338 25,431 192.642 (191,118) 1.524 107.136 166.100 325,973 7,338 25.431 358.742 (250,933) 107,809 188,415 7,556 4,612 200.583 (205.8061 (5.223) 166,100 (59.815) 106.285 (107,136) (851) 71,834 70.983 108,660 386.042 107.809 457,876 565,685 (5,223) 463,099 457.876 494,702 Balance sheet 202A 2020 Total UDrestricted Restricted Total xed assets Freehold Lat and buildins Other tsngible fixed assets Total red assets Current assets 391,997 5,018 397,015 391,997 5,018 397,OlS 279,000 5,234 284,234 Debtors 12,638 99,902 112,540 463 70,520 70.983 13.101 170,422 183523 20,954 157,949 178,903 Cash at bar and in Tot21 current assets Current ]iabilities Creditors: aDx>uDts falling due within one year (14.853) (14,853) (5,261) 173,642 457,S76 Net current 4$sets 97.687 70.983 70.983 168,670 Total net assets The funds of the P#r&sh Restricted fimds Unrestricted fi]ll General fi$ Desiwted fi$ Total fun(ts 494,702 565,685 70.983 70,983 71.834 76.127 418.575 494,702 76,127 418,575 565,685 98.606 287,436 457,876 70.983 24
Notes to the accounts (continued} Year ended 3 1 December 2022 16. Comparative IOrntIOn (eontinued) Statement of cash flows 2021 Restricted 2020 Total Ullre5trtcted Total Notes Cash fltsws fnjm opernting xetiYtknes- Net cash (ed in)1 generated by operating a¢tsvities (a) 14203 105,821 120,024 (17.483) Cash flosvs from invesling activities: Capital expenditLre JnC0 from inveslllt] (114,888) 7,338 (114,888) 7J38 (3,521) 7,556 ChaDge in cash the ye8r (93,347) 105.821 12,474 (13,448) Tr8n8fers betweell fill)ds Ch at l January 107.136 86,113 (107,136) 71.835 157.948 171,396 Cash at 3 1 December (b) 99,902 70.520 170.422 157,948 (a) Reconciliation of net (exnditure)I incon to net casb l]oivs frnm 0rating activities 2021 Restricted 2020 Total Uestricted Total Net l¢xpendst[E)l iDconE for reporti]]g Adjusbnellts fi)r'. Depre¢iation charges Jncome from investrnts Decrease in debtor5 (Decrease/ itrease in creditors Net cash (wed iu)I generated by operating activities 1,524 106.285 107,809 (5,2231 2.107 (7.338) 8.317 9,593 2.107 (7a38) 7053 9,593 1.634 (7.5561 (4.960) 1,378 (464) 105.821 120.024 (b} AD21ysis of cash 2021 2020 Total Unrestrt¢ted Restricted Total Casb ill band On deposit at bank Totsl 175 136 311 747 99.T27 99,902 70,384 70.520 170,111 170,422 157,201 157,948 25
Notes to the accounts (continued) Year ended 31 December 2022 16. Comparntivé InfOrntIOn (CODtinued) Funds atrdl Si8 l JanLAry 2021 Movements during 2021 TraLL8fers JDCQnE Fend1kne 31 December 2021 UDre5tri¢ted funds General Fw)d DesigDated Ftmds 98,606 (12,003) 172,642 (183,118) 76,127 Fixed Asset Fund Mission Giving Fllttd Joslin MettLorial Fund 284,234 3,202 I 12.781 6.358 397,015 1,560 20,000 418,575 494,702 {8,000) 20,000 20,000 192,642 287,436 386,042 119.139 107.136 (8,000) (191,118) Total unrestricted Restricted funds awisLiau Worlrers Bells 54.487 6.811 972 (1.686) 10.996 236 (15,931) (30) 47,866 7,017 972 988 Deanery Mission Wandsworth Mission Parish of WaT¥Jsworth Poor Fut¥J Yoth Work Senior5 Imitiistty Appeal 2021 Holy Trinity Roof Haldon Rd exte810 & refirbi1bllrt Holy Trinity orga Ott*r specific gift5 alld ¢olleetion% Total restricted fund8 988 7,517 (20) (1,125) (773) 7,497 3,87S 2J65 5.000 2.500 69.850 8,525 62,500 4,113 2,380 166.100 638 (69,850) 11,707 {60,814) 13.507 (20,232) (1,686) (17,620) (2,398) {59,815) 421 71.834 {107.136) 403 70.983 Total fund 457.876 358.742 {250.933 565,685 26