PARISH OF WANDSWORTH ALL SAINTS with HOLY TRINITY WAIYDSWORTH ANNUAL PAROCIUAL CHURCH MEETING INCORPORATING ANIYUAL VESTRY MF.F,TING ANNUAL REPORT & FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 Registered Charity number 1143840
Parish of All Saints with Holy Trinity, Wandsworth Annual report and fInancial statements 2023 Contents Pxge ObjectiVES and activities Stsvctur¢, governancc, and rnanagement Responsibilities of th¢ PCC for financial atterS Electoral Roll Officer's report and chuirh attei)dan¢e PCC Secretary's report DeaAery Synod report Safegwdi'ding report Fabric report Vicar's report Fuiancial reyiew 12 Independent Examiner's report 13 Financial statem¢nt5 AdmiMistrJtive Informatlon Tl)e Pw'ish of All Saint# with Holy Trinity Wandsworth copriseS the following Churches.. All Saints Church, Wandsworth High Street, London SWI 8 Holy Trinity Church, West Hill, London SW19 All correspondence con¢erning the parssh should be directed to., Th¢ Parish office Holy Trinity Cliurch Ceiitre Beauniont Road London SW19 6SP Tel.. 020 8788 4606 Email.. offkcE@wandsworth.¢hui'ch Advistrs.. Bankei's.. Santander UK plc, Bootle, M¢rseyside, L30 4GB CAF Bank Ltd. 25 Kings Hill AvEnuE, Kings Hill, West Malling Kent, ME19 4JQ Solicitors.. Russell-cooke LLP, 2 Putney Hill, Putt)ey London, SW15 6AB
Parish of All Saints with Holy Trinity, Wandsworth Objectives activities The primaiy object of the Parochial Church Council (PCC) of the Ecclesiastical Parish of All Saints with Holy Trinity, Wandsworth ('Parish of Wandsworth,) within the Daocese of Sollthwai'k is the promotion of the Gospel of our Lord Jesus Christ as uniquely reyealed in the Holy ScrÈptures artd set foith in the catholic cireds, and in accoi'dance with the histok'ic doctrines and practices of tht Chuich of England as laid out in the 39 Articles of Religion, tlie Book of ComEnon Prayer and the Ordinal. In aOrdan with the Parochial Churcli Councils {Poweis) Measuir 1956, the PCC l)as tlie responsibility of eo- operating ivith the incumbEril in promoting in the ecclesiastical pai'ish the whole mission of the Church, pastoral, evai)gelistiC, social and ecuinenical. The PCC also has responsibility for rnanaging the iiicome arising from property atsd investments and the costs of maintaining the fabric of the pai'ish's hi5toi'i¢ chileS and other propertie5. The missEOlI Statement of the Pai'ish is 'To know Jesiis Chfisl fiiiilio iiiffke Hiiii kiiowii, Wh¢n planning activiti¢s, the it]cumbenl and the PCC have considered the Chai'ity Coinmission's guidallce on public benefit and the specific guÉdaTkce on charities for the advancement of religion. AccordÉngly, the incuinbent and PCC 8¢¢k to achi¢Ye the Parish's mission t1>llgh activitie# such as: Regulai. public worship opell to all Pastoral work, including visiting the sick and the bei'eaved l ea¢hing people lo follow Jesus Christ thyough semons, courses, and small group8 The pi'ovision of yoth and children's clubs aiid kctivitieg teaching Chiistian doctt'ine and lifestyle Promoting the whole mission of the Church through a¢tivities for a l'ange of special groups from senior citizens to toddlers Maksng the parish's buildings available for the use of th¢ lo1 comtnunity including schools. brownies, niusieians and other such gi'oups Suppoi'ting oth. ch'le1c5 in the UK and overseas The achievements and pei'formance in the year aiE set out in th¢ Vic415 Report, supplemented by other individual reports, below. Sti'uetureg governallce and managemenl I'he PCC is a corporate body established by the Chui'ch of F.iigland. It opcrdtC8 undcr thc Payoehial Church Councils (Powers) Measui't 1956 {as amended) and is i'egi8tered with the C.hBrity CornmÉ&siot) undei charity number 1143840. Members of the PCC are either ex gfficio or elected by the Annual Paro¢hial Church Meeting (APCM) in accordance with the Chui'¢h K¢pr¢senlation Kules. PCC Metnber5 ar¢ elected for a pei'iod of ihi'¢e yea¥.% at thc APC.M. 8imÈlarly, representatives for the Deanery Synod, who are also automatically apposnted to the PCC, are el¢ct¢d at th¢ sam¢ time. Churchwardens are elected foi. a period of one yeai. at tbe Alal Vesty Meeting. The following have served as PCC u]embers and trusfres dui'ing 2023 and to the date of this report.. Vlertr Revd David SimpsoD8#1 (froi7126July 2023) Revd Jack O'Grady#l (to 30 June 2023) Revd Andy O'Brien" Daniel Jone5# Paul Asliwoith# Carl Hughes Paul Tu¢ker# Gaiy Caryenle]# JeiEmy Ci'uinplin, Nick Bisson Jane Carp¢nt¢r ' Kimghe¢h Luy Della Ogunleye, Olaniyi Ogunsina Haiinali Ridley John Sailer Niwla Taylor John Gale Assoeluie Mliilsler Chiircli>vrdeHs ' Ojjlelo Elecle<lPCCnientbers Tyeasurer Secretaiy {deeeased28 October 2023) Apyoiiiledbji PCC (deceased27 AFI'rl 2023) S)YJodllieiiibers.. ftlknijeiy." 2DIoce5ov.. • Meillber olFafi51is1qffifiI IIMeDiber ofsieeriijg CoJi[Ylljlle
Parish of All Saints with Holy Trinity, Wandsworth Slructurel governance and management (conÉinued) Amy Bliss the Parish Office Managei. serves as the Electoral Roll OtTicer and attend$ meetings of the PCC and the Steering Cotnmittee. PCC c0117nJillees During 2023, Ihe PCC also operated through the St¢ering Coinmittee {forniei'ly th¢ Parisli Management Group) whicl) Inet between full meetings of the PCC, and coMpriS the Vicar, the Churchwaixlen$, the Titasurer, one oth. PCC tnember aiid the Parish Office manag.. Responsibilities of the PCC for financial matters The PCC is iesponsible for preparing the Annual Report and the fancial statements in accordan with applicable law and United Kingdom Accollnting Standards (United Icingdon) Generally Accepted Accounling Pi?cti¢e). The law applicable to charities in Englaiid and Wales i'equires ts'llstees to prepare fJnan£ial statements for ea¢h finaiirial year wliich give a tt'ue and fair view of the state of affairs of the Chai'ity and of the llicome and expendiluT¢ of th¢ charity for at period. Jn PiEparing these F&1]Cial statements, the trustees are IEquired to= select suitable accounting policies and then apply thein coiisistently. obserye the tnetlLods and principles in the Charities Statement of Recommended PJ&¢ti¢e 2015. make judgments and estimatcs that aye reasonable and pmdent. state whether applicable a¢counling staRdard5 havE been followed, subject to any material departllres dist103ed and explained ill the finallcial statemejits. pi'epair tht fujanbial slatenients on ihe going ci>ncern basis unless it is anappn)pri8te to assume that the Charity wÉll continue in operation. The members of the PCC ale ttsponsible for keeping proper accoullting records which, at any time, disclose with reasonable accuracy the fanCIal position ot'the PCC and which enable the to ensure that th¢ finaDcsal statEments comply with the Ch3ritÉes Act 2011 and the Church Accounting RegulatlOll8 20U6. '1'hey are also Tesponsible for safeguaidiiig the assets of the PCC and hence toi. tsking reasonable steps for the prevention at]d detection of fi'aud and other i]y¢gularities. I lectoral Roll Officer's Report and Chureh Attendance (Amy Bliss) Under the Church Repj'esentation Rules {Part l), a new Electoral Roll is required to be prepared evely Six years. This was requii'ed in 2019 and so it will not be ¢&rried oui ag&in until 2025. The Electoral Roll cun'ently comprises 102 parishioneiE. We have removed 13 Inembers who have moved away and 3 who have died. We have added 31 ]e]nber$ Éo the electoi'al Toll. The total nujnber of individuals cun'ently on oui. ¢hur¢h database is 196. We have 164 adults atid 32 children. The average numbers of adults attending the piincipal services in the Paiish during the year air set out in the tsble below. 2023 2022 2021 T¥aditiollal Chuirh 10.30am Morning Church 57 56 10.30am All Saints MoiTiDg ChuTch 59 61 52 Total Average Weekly Attendan¢e Christmas Atlendancc (includes Cai'ol SeYvie¢, Christmas Eve and Christmas Da rvices Easter Attendance {includes Good Fridr4y and East Sunda S¢rYices 123 130 113 295 115 171 74 82 123
Parish of All Saints with Holy Trinity, Wandsworth PCC Seeretxry's Report (Jeremy Crumplin) The PCC ittet five tllnes during 2023. The Standing Committee (previously known as the Parish Management Group) Inet Inonthly) excepl in August. A new Fabi'ic Con]mittee was nstÉtuted during the year. Following the APCM in May 2023, Jei'emy Cnunplin took over as Secretary, replacing Jan¢ Si)owden. The most impojtant iten) of business in ihe eai'ly part of the year was the recruitment pi'ocess for the new vicar. Two othei. subjects assumed m8joi' signifi¢an¢e duriiig the yeai'_ propety defects &t All Sttints and the pai'ish's response to Living iii Love andFailh. More Toutiiie business d5scussed durÈng tlie year included.. The annual budget. including the payment to the Dtocesan Pai'ish Support Fund,. Financiiig of the illajor WOTk5 required at All S8Ents' The general financial sittEation' - Reviewing Sunday services and othei. minEStI'ies' - The developtng relationsliip with Cl)I'ist Chuith and their use of All Saints,. S&f¥¥u£iniing and DBS che¢king' Review and dpproval of various poli¢ies,' The commercial letting of the house at 74 Haldon Road, in the absence of a curate,. and Various propety issues at Holy Trinity. D¢allery Synod Report (Jeremy CrumplAn) Wandsworth DeaRery Synvd inet three times in 2023. All ineetinBS were held "ui per50n" The paribh wab repr¢5entsd al all ilii'ee meetings., these Were held at different ¢huwhe$ within the dedncry, all uf whom provided enthusiastic and generolls hospitality. The first meettng was held on 28 February, at St. Bainaba4 Southfields. The masn busines5 was a presenlation by Bishop Rob Gillion ot] arts alld missiots. There was also a r¢poil from iht Dedntry Environment Group OD heat pump5. Gen)ma Duncan stO(Kl down as Lay Chaii. followin¥ this meeting- Ihe position is sttll vacallt. The summer social event was held on 28 June. at St. Margaret's, Putney Park Lane. A eal w(15 s¢FYed outdoors. This provided a good opportunity for networktng, particularly for T]ewly-eleLted lay represenlatives. Rev. Welldy Stephens gave a presentstion on the work of Ihe Wand5WUrth Prison cliaplains. ThÉs included geverdl appeals for help with this very challenging aod undei'_resoui'¢ed ministry. The fmal meeting took place on 7 Novenber at St. John the Divine, Eai'lsfield. Doi'iat] Leatha gave a presentation on the Wandswoith Cost of Living Commigsion, of which lie was the co-Ghair. This was a pajliculai'ly SOb.]ng topic- it is evident that many Wandsworth Irssdenls rd themselves iii a constant state of econoittic crisis. The presentsttion was followed by a qUEStion-and-answer session, which exploi'ed the chui'ch's role in issues of social jugtice. A vacancy has arisen foi. a Deanery Synod represeniative. The time commitnient is sall. It provides opportsinities to compare pi'actice and exchange ideas with othei. local churches. Deanery Synod rePSentatiVeS also fom the electorate foi. positions on General Synod. The roles of Lay Chair and Treasurer also remain vacant. The Secretary's posÉtion will also become vacant l&ter this year.
Parish of All Saints with Holy Trinity, Wandsworth Safeguarding (Nicola Taylor & Karen Ashwo)'th) We take oui. responsibilities for safeguarding ¢liildren and vulneiBble adults in church very seriously and tliis is everyone's r¢5ponsibility. We have promoted safeguai'diiig, and tliis 55 iioted on posteTS around the church buildii)g of who to contact if have a safeguardÈng concem. The Parish Safeguarding Policy and Domestic Abuse Policy has been agr¢¢d by the PCC on 19 June 2023 and botl) on our website. We are grateful to our volullteers who failhfvlly 5UPPOrt our childitn'5 groiips and paiish vistts. The group leaders have this year updated their safe8ardIng Training and details for tbe training prograin can be fi>und al Traitliii Tlie Dioctse of Southwayk an lican.or A Safe Church (our Diocesan 8afrguai.ding policie5 and procedures) are available online at.. litt. .IlsouthwarL-.a lsafc uardin Idioce5an- olicses-dnd- roceduies If you haye any safeguarding concerns or qu¢i'i¢s regarding an adult or Child, please don't hesitate to contact the Parish Safeguarding Officers or The Church Lead%lp Team. Fabric Report (Paul Ashwoi'tb & Daniel Jones- Churchwardens) As a parish, we are responsible for ihe repair and ]naintenance of both of oui. churches, the properties which we owt) (74 Haldon Road alld the Holy Trinity Church Centre) 8tJd aspects of the maintenance of the vicarage (which is owned by the Diocese). As set out in the financial stat¢1nets, we sticurred tbe following proptY related costs during 2023.. .Note 10- nTraint¢nance of churches and properties - £270,51812022- £24,404) .Note 13- fixed asset additions (freehold property) - £nil (2022- £2,819) These pi'operty-related cost5 incurred during 2023 were dominated by All Saint5 Church major fabri¢ repairs of £255k from a total project cost estÉmated at over £600k. This c&n be split into three inajor phases.. .Poirh.. The i'epair lo the porth, following a collision by & car, was circa £5Sk and was covered by insurance. This is no w Coinplete. -Woier Jngiess.. Historically significant water ingress damage was identified from th¢ North alld South Aisl¢ East parap ets into the Cliurch. These havc been causing 5ei.ious issues within the church, uicluding rotting tirnber 5tllEclure dnd falli ng plasterlpaint. Tliis is covered by the cunrnt contsacted woyk, making the building Secure froTn fuithei. l'ain damage. T his is llearing ¢ornpletion. -Triiiber beains ubove coltiFJins.' We identified decaying limbe which were on top of the Inain ¢oliimns withTri the churc h. For this we l)ad to close the church l&st summer to secure the building, on the architect's instruction. Subsequently we installed significant scaffolding the building to make it secuye and Andy O'Brien and teain have been able lo use half the building froin September. We have been investigating thi5 issue, and now to we hav¢ a clear idea of what 15 req ired. A Faculty request ha5 been subn)itted for these works and we will theii seek PCC appi'oval to complete thts, beari ng in mind the need for futtding and the timeline. We would like to fjnish this ill 2024. These costs al'e lilted to making the building safe and being able to remove the scaffolding, with limited restoration of the plasterwckrk. They do not iiicoiyoi'ate the fal phase of the redevelopment refurbishment of All Saints Church c ompi'Esing intemal recOratIon and refuibishtnent of the enh'ances, nave, chancel and galleries. construction of an ¢xten sion to pi'ovide more toilet facilities. ai)d exteinal I.ed01'allO. This final phase will ultimately dependent upon raising significattt funds, including fron) 'at-MakIng bodies. lji addition, the costs incuned relating to substantial works during tlie year w¢re as follows.. .Holy Ti-ipiioy Ch711-ch- Restoi?tion of the fullctiom of lh¢ second comrnercial boiler and pertmeter heating .HnldoN Roud Prepared the house foi. letting following departure of Jack and Lucy including wojk ID the garden and remedial woi'k to Velux windows and boiler. .AIISuints Churcli- Replaceinent of the extei'nal noticeboai'ds and sigTEage
Parish of All Saints with Holy Trinity, Wandsworth UnfortilDately, the pi'operty inaintenaiice 'to do, list remains lengthy aNd there air seveyal fuither matteiE that eed to be addiE55ed in 2024 and beyond. Future wo¥ks which we intend to undertake include the followiiig.. Plannrng ongoing diii'ing2024 .Iloly TrFnily Chiirch- Repair of Beallinont Road gate piers and gates .Adth'e55ing matters raised in the QinqUe]lal Church Inspection Repoits from our ccclesiastical architects. .Refurbishtnent or replacement of the Bechstein boudoir piajio at Holy Trinity Church (separate fund established) .Unde]pitming of tlic chancel and apse #t All Saints Chuych and i'elandscapillg of the chujrhyai'd (lo be undeitsken an co njullGtion with the Wandsworth Regeneration Pmject, if it pi'oceeds) Marky thar]ks to the maintenance team and all those who participated in the mait]tenan¢e day4 paiticularly John Sailer, who took tlie lead on much of the rolltitte maintenance, and Amy. Vi¢ar's Report (David Simpson) A year ago, T was in the application pi'ocess foi. the job of be¢(lg Vi¢ar at the Parish of All Saints with Holy Trinity. Sin¢e a]Yiving, Olivia, the thildren and I hav¢ i'¢ceived the itto$t wonderful wel¢ome fi'orn the congregation. It has been a joy to gel t(} know the cvngrttgation, to spend time tvLFelh¢r over food, hearing about the ch&llenge5 and triumph5 people are going IhiDugh. We hav¢ be¢n tt>u¢hed by th¢ generosity and wannth you have received us. l oft¢n slip into the church to pl'ay ott the Vicar's chair wh¢r¢ I was iM$tall¢d to pray forihe parish. I fll)d T keep comiME buck lo two molÉves &5 1 pray for the conwtgalion and the p¢opl¢ of the parish.. th¢ love of God andthe I'espon3ibility entrusted to us to pr(Iclaim the Good News. l. Qod has shown us his exhaoiYlin8ry love for us.. This is love.. noi ihal Mie loiped God, bui ihai he loved lis and sent his Son us aloniiigsoci'ificefoi. oiii. sins. l John 4..10 We also have a responsibility lo thare the gospel wherev¢i' we Are ¢all¢d to.. Afier ihrs, Pffl41 leftAihens wgnl to cor11. There he iryEt a Jew nomedA wiila, a 17alivg ofPonliis, who liod receniby coivefroiry liafy Trviih hrs ivife Pi'iscTlla. becaiise Clu/Rdiiis liad oi'dEI'ed allJews to leave Roine, Paiil went lo see ihe13y, becinise he was ll IEnthiGkw' as ihey Hyepe, he slayed lliidwoi'ked Jiiiili them. Eveijy Sabbaih lie I'easoned in ihe &yP7agogiie, liyiHg lopei'sit(7de Jews Gi-eeks. Iyhgn Silas (rnd TiFJ701hy c(7mefroiii Macedonlu. Paiil devoled hi171s¢lfexcliisKvefy lopi'euching, leslifying fts tlie J¥ws ihatjuus wos t17e Messiah. Bril iiiliep7 th4y opposed Patil oNdbecaine ubiisive. he Jhook oiii his cloi17es inpi'otesl io iheipi, "YÉp711' blood be on yoiii. ow heudsl liiiii iAnocenl ofit. FroFii t?}V oh Iwlllgtp lo the GenlFlu. ' Acts 18..J-6 The Ap05tle Paul prEaclied the gospEI whereverhe went. Once he'd piraclied th¢ gosp¢l, it was as if th¢ responsibility h&lS been trans(eNed to the people.. 'I've done my responsibilily tu ¥ive you the 805pel. Ytju've how heard the gobpel, so you are respunsible for your response.. I feel burdened by the re5punsibiliLy foi. us to pi'tach the gospel to evoyolle ID the Parish alld to all who come itLto contact with th¢ church. Our Mission rs sirnple and clear.. to know Jesu5 Christ and to rnake ChrÉst known. How will we achieve thig7 My priority areas are.. Suiiday ServCes- I want our Sunday gatherings to be a place that people encounter God through the preaching, the music. the ¢oanmunity. the prayer and the sacraments. I want us tD keep devElopin8 the Sunday, so it edifLe5 th£ believei. and is engaging to any visitor we have. Evangelism - we need to keep having opportunities for people to hear the Good News about Christ. After a number of diffeient Christsnas event% we ran Alpha in tl)e Spring tern). It seems to have proven beneficial for the guests who have joined us eithei. online or in person. In the long-teim, we would ideally be running this evel'y tem. Di$¢ipleship- I want to see our discipleship contittue to grow. Next tein) we are working with Andy O'Brien for Growth Group leaders tt'aining. l am excited to see the partneiEhip grow with the ministry at All Saints.
Parish of All Saints with Holy Trinity, Wandsworth All Salnls- l am delighted Éhat we have been working with Andy and the congregation at All Saints over the last year- notably in oui. Youth piY)ViSiOll and in the hainpers we deliveied at Christnias. I look foi'ward to seeing the partsieJEhip coiitinue to develop. Thei'e IEmains a big challellge with the buildiiig works.. the costs have spirall¢d, but we Serve a Loyd who l trust will pi'ovide us with ihe i'esources we need. Th¢ in)medÉate iieed is the repaii. of the building and, in due course. 1¢ would be greal to irnovate it. I was asked by one of the Standing Committee what Iny'wish list. for the future would be. Here are a few airas I would love to develop.. Community: Part ofthe Parish model is being the local church foi. all those in the Pai'ish. I would love us to op¢n up tlie churLh thi'oughout tlie week so we Can bless the community. For example.. liave Inidweek service and lunch, a foodbatth, debt advice. addiction recovery courses and Inany other opportunities to bless the cominunity with the Good News in word and deed. Klds & Youtli: Knvesting in the next genei?tion is not attractive financially {young people don't boost our inooEne!) but is crucial for tlie future strellgth of the church. I would love us tt> develop world-¢lass kid5 and yovth work that I'aises up the next generation of leaders to impoct this nation for Christ. I found in a bookshelf in the office an old family devutional from the 1850s. Wouldn't Lt be wonderful to see growing numbers of faniilies reading the Woyd of God iISFain? Comlliuni¢atioMs: God has placed our two buildings ot] one of th¢ key ai'lerial route5 of SW London. It bothers tne ihat mosl titnes I pass ihe fi'oiit doois of Holy Trinity and All Saints, they are fijrnly shut. It says to ine th the church is shut. And we open Ilie doors (Sunday moiiiings) when most people are in bed! I would love tt> use our locations to communiL&ile ihe gospel in other ways- e.g. an LED sign that can display differeiit signs foi. different tiines of the dayl EV¢Dts. hiippening. maybe coinmissioning a sculpture for eacli sile (a lamb at All Saints. a lion at Holy Trinity?). maybe a visually attractive light show during Advent? It is a privilege to be serving as the Vicar and to continue buÉlding on the great foundations laid by Greg Prior and those befvre him. I was reading a book about tlie history of Wandswoi'ih I'eKeDtly and excited to h¢ar how the Lord has ¥racitsusly brOu]l people to himself over the years. I l'ead of the Wesley brothers, ministy in Wand5WOrth: Juh W¥51¥yfii-51pi'ga6hed iii Wartdsivoi'ih ijg Nov8nibei' 1748.. 'Jn ihÉ Ofigi.no Iprgllchedio ll liiile company 131 WunclbTrl'VTIIF whu hudjiiJ'l he1* l<J sggk God, biii ihgy liudii J'diigh sglling oiil. The pubble g47ihgi.ed on evely side whgn¥ver ihy iiiel log&hei', IhruFvihg dil'l andslones aF7dobiisiBg boili Ivoiiiett in ihe grosses¥ lilaeR.... W¥slgy b¥¥uN lu I'Ir lu WondsTrvoJ'ih os 'ihis dOIlPIcTCe'. The breakihF'ougltr coiiie iji ihe 1760s.' J769 IV¢518y coiild wrilff ihcii Thvp¥oplg h¥pe Ivgi'e ilie 113.1 déod, bill now ihe ofoNJ) abotti London,. JFI Febrii(7Fy 1770 he Trpas oi Wun¢Lswui'ih o¥ain. Evéiyone ihuiighi s0 Lotfld be doBe herg. We hove li'iedfor ubove IMieiityyeaF's, Veryfénv wotild evgn give lis a li£ap'i17g, ihefÉw ihai did liiile ihe betlei'for il. Btil all of L7 iidde17 ¢rgwdsJloLk io heilr, al'e ctil lo the heai'l, nilly£llle wiilipetlce 13KdjoJy belIeVig, INUny 1017gfor the whole iniuge of God. In ihe gvenins, Iliough il was a shttipfrosl, Ihe i'ooni us hol slove, and ihey di'onk the woi.diviih allgreediv£ss' May the Lord b¢ pleased to bring about aTLother gi'eat revival of people coming to C78t in Wandsworthl Financial Review (Gary Carpenter) The financial statements piesented with this reporÉ for the year ended 31 December 2023 comprise the in¢ome and expenditure and the assets and liabilities of the Pai'ish of All Saints with Holy Ti'inity, Wandsworth. The iticomc, expenditure. ¢1Ssets and liabilities of the Pai'ish are aecounted for within restt'icted and uni'estricted funds which are detailed it) Note 16 to the anjiual financial st&temeiits. The restri¢led fuiid5 comprise amounts donated to the Parish for specific purposes and tlie expenditure the projects to whicli they I'elate. The iinrestrÉcted funds comprsse tbe GElleral Fund and de5i8nated fLd5'. The Geiieral Fund is used for the general InlSty of the Pa]'ish. The d¢sign8tsd fund$ are monies put aside by the PCC for specific puryoses and coinprise the following..
Parlsh of All Saints with Holy Trinity• Wandsworth The Mission Giving Fund represents the PCC'S deciskoll to commit to providing grants for the suppoi of nii58ion aclivÉty outside the Parish to the nourtt of 5Q/o of its utll'estricted dii'ect giving income and associated tax ircovay. The Fixed Asset Fund iepr¢sents the net book value of tlie PCC'S tangible fixed assets as these are Irsources wliich are not readily available for the PCC'S othei. general puiyoses. The Mernorial Fund comprises legacies left io tl)e PArish by Ann Jo511 and Myia Jones in 2021 and 2022 and Nilla Herbert in 2023. This fund has been set aside to be used for specific p'oject or pioj¢cts in tiiell. rnemoryy but not yet detennsned. Sillleiiieiil of Fliillpi¢lulAcllviiles The fancial year has been doniÈn8ted by the works requiiEd at All Saints church, comprising the r¢pair of the porch, the costs ol which weiE14rg¢ly met by th¢ proceeds of an insui'anct claiin foi. £50,768. alld tlie stctural and plaster woi'k done following discovery of diy Fot and damage from water ingress over many years. Dui'ing 2023, w6 received a gi'ant from the Church Estates Chai'ity of £115,556 atld £25,802 in iESpect of VAT I'ecovery from th¢ Listed Places of Worship Grant Scheme that h&ve partly funded these repaiiE, which have cost £254,792 up until Deceinber 2023. Ilowever, the repairs have not yet completed and we expect to incui. consideitble sun)s in 2024. These sun15 are nknOWn as inyestigation woi'k contiTlU¢S and will vary depending on decasions as tr> what remedial alld decorative work should be undert&ken. Accordingly, no provision for these costs ha5 been made in the accounts to December 2023. We are seekirEg furth. grant fundllig duriiiby 2024. In February 2024, we received £20,000 fi'om -I'he Henry Smitli Chai'ity and £4,250 from the Benefact Tnt, foi. which we are grateful, and more applications are being pursued. The cost of the All Saints repairs hav¢ led lo a significant reduction in our free reserves which will be ¢Dtirely depleted in 2024 and so, unless further funding is obtained, it will be necessary lo apply the Memorial Funds (see below) for this purpose. In the course of 2023, we were notified of a residuary legacy from tlie estate of Nina H¢rber¢ whi¢h is es¢imated to be of value of around £175,000. It will be maiiy months before probate is granted and the asS¢t5 of the estate liquÈdatcd but generally accepted accounling practi requii'es us to account for this amount receivabl¢ upon notification. Thi.% Icgacy has been added to th¢ fuAds provided fiDm the estates of Antt Joslin and Myi'a Jones in 2021 and 2022 giving £39 5,517 in these Memorial Funds to ¢arry forward. The PCC would like to use these fuTJds for projects appropriate for thc mcmory of these faithfvl saints but it is possible that some of these fld5 will be needed foi. the repair of All Saints Church. Total income cxcluding thes¢ items was £211,371 in 2023, which was just below the pi'ior year's equivalent excluding legacies of £213,693. This income rtrflecls only the fanCial gUPPOrt pi'ovided by church menibtrs and Do attemi)t is m&de to put a financial valu¢ on the huge amount of tlllie, energy ftnd tslents provided voluntai'ily. The PCC continues to be gYatefi)I foi. the generosity of chLwch membej's for this support. Total expenditur¢ in 2023, excluding the All Saints church IH)airs amounted to £201.245, which was up slightly on the £200,381 in¢urred in 2022. The net etTe¢t was an increase in filnds held by £122,460 (2022.. £209,829) of which the leg8oy Y¢¢eivable accounts for £175,000 (2022: £196,517).
Parish of All Saints with Holy Trinity, Wandsworth UiifestrlclÉd Th111rfs . Geiietul Fiiiiil The accumulated Gellerttl Fund balance yUced by £52,637 {2022.' increase of £2,755) in the year to a total of £26,245. Total income to the Genernl Fund was £263,280 {2022'. £189,228) but this includes the unusual items noted above. The measure wl)i¢l) n)ost closely nialches giving frai the churcli f&inily (voluDtary income excluding grants and legacies) was up l % on last y¢ar to £156,893. We benefited £7,254 from rentiiig out 74 Haldon Road upon it becotnillg va¢allt following the departure of Jack and Lucy O'Grady and incun'ed £1,709 in relattoD to costs of the interregnum and appointment process for the new vicar. The aryangements with Christ ChurGh at All Saints weir waned during 2022 so that they now pay for energy costs but aJE ¢haJ'g¢d a lowei. renl. ReDt has also been reduced from the church building being totally or partially unusable dui-ing the repai. Total expenditure in the General Fund was £310.451 (2022,. £179,614). Costs excluding the chai'ge for All Saints i'epairs wei"e £171,215, a lower number than in 2022. The ainount contributed to the Di0san Pai'i5h Suppo11 Fund was £80,000 {2022'. £78,0(N)) but we spent l¢ss on other repairs wl)¢re last year we incun'ed costs al Holy Trinity for the organ And roof. b. Missroii Glviiig Fiiii In accordance with the PCC'S policy, a transfer fi'om th¢ General Fnd of 50/0 (2022-. 50/ll) of unreslyieted direct giving income and associatedtax r¢lief has been rnade. atlloullting to £7,076 (2022.. £6,728). Gi'ants and gifts weremade totalling £5,200 (2022.. £7,600). ITr additaon, a gift of £2,000 allocated to Theophany (Pgtul Mansaray) has not yet been made because we await the setting up of a bciieficiary aCcot at Stewardship, which has been delayed due to Compliance Tequll'ements. ID addition lo this, £564 i5 available foi. allocation in future years. e. Meiiiorlul lildS As noted above, the additioft of Nina Herbert's expected legacy of £175,000 brings the total available in the Memorial Funds to £391,517. The PCC had detennined that these monies should not be irlied upon to meet the Parish's day-to-day expenditLwe but used foi. specifit but as yet undetemiined projects in theii. memory. These decisions will not be made until the possible need for funding trf the All Saints repairs has become clearer. Restrlcted Funds The restricted fullds are set out in Note 16 to the accounts. Income forthe Christian Workers Fund dui'ing 2023 of £4,800 (2022.. £5.200) paid for the costs incuiTed of £4.182. Tl)¢se osts wetc primai'ily for the employment of the Pastoral Care Coordinator. who left our employillent in March. Othei. costs related to tile accommodation of Jack (the Cui'ate) and Lucy O'Grady until Jvly 2023. Tli¢ stipend of the Curate was paid by the Diocese. The balance on the nd carried forward is £47.42912022.. £46,811). Bftl(iiice sheel aiiil cuslijloivs The Parish had net assets of £897,974 at 31 December 2023 (2022.. £775,514}. This IeaSe of £122,460 latEely reflects tlie legacy accounted for Ibul not yet received) of £175,000 I¢s5 the excess expenditure on All Saint5 over funds received foi. the purpose. The Cash balance has decreased by £23,878 to £323,080 (2022.. £346.958). This seems large but £81,443 (2022.. £80.777} of this money is set aside for the purposes of the restricted funds and £216,517 {2022.' £190.571) forthe Memoi'ial Funds. The ea8h balance available to the General Fund is just £25, 120 {2022'. £75,610). This relatively small balat]ce indicates that we shall have to dip into the Memorial Funds in 2024. io
Parish of All Saints with Holy Trinity, Wandswortb Laokiiig filien The PCC has established a reserves policy that seeks to tai'get a Geneipl Fund b4lan¢e eq1[ to three months, expected expenditUTe. which is £50,000 according to the 2024 Fin6iicial Plan. The balance of the Fund at 31 Decernber 2023 15 only £26.245. whlch is ther¢foiE just ovei. haifthe amount quired under the policy. The financi&l plan for 2024 foi'esees a continuation of the bun'eiit level of diirct giving and pi'ovides for cxpendituir levc15 in the General Fund £1 0,000 higher 2023. This would Irsult in a defiGit of £10,000. We arc hopeftjl that the ohuvch fainily's givitJE will inciY8Se to Lover this shoitfall. Thei'e ranain5 significant uncdtainty ai'ound ihc costs of, and any associated grant incoLiie i'elated to, the repair works at All Sainls. The Meinorial Fwids iEPI'esent a welcoine safeguard whÉle IhÉs situation plays out. We are 'ateful to our generous God as, once agdin in 2023, we have been able to eonlinue inission and Ininisty ii) the Paiish despile dealing with the unforeseen building woi'ks. We can be confident that, as we act as I'esponsible stew81.ds of the gifts He has given us, He will continue to provide foi. the church to His gloiy in 2024 and beyond. The PCC eaInS Yy appreciative of the gEncrDUS 8ifts inade by rnany in the cliurch family. However. witliout a siglf1(ant llicrease incoille, we shall not be able to close the deficit on the noi'mal expenditure. May I the]Efore encoiiiage every Enembei. of the church family to use thÉs at]nual review as an oppoitunity to consider carefully again thclr suppoi't for tlie gospel wort( here Wandswoiili through regular, committed, tax-efficient giving. May l also take this opportunity to reimind you, if you hkwe not wi'itten p will oi. reviewed it I'ecently, to do so and to considei. leaviug a gift youi. w511 to Éhe ohui'¢h? The evidence ofthe lasttwo years show5 how ts?nsfoimalional a legacy an be and providing a legacy lo the ¢huirh is a practical way of showing g]?litude to God for all the blessitw we have enjoyed dui'ing our lives. Oil be1f of tbe PCC evdD(n?idSiiiipson Vicar PaulAshworih DanielJones Chur¢hwa¥den Churchwarden 25 March 2024 li
Parish of All Saints with Holy Trinity Wandsworth INDEPENDENT EXAMtNER'S REPORT To the Parochial Church Council of the Parish of All Saints with Holy Trinity Wandsworth Respective responsibilities of the Parochial Church Council and Independent Examiner Th¢ ParoGhial Church Coun¢il is responsible for th¢pr¢paration of the a¢¢ounts. Thc P&ro¢hial Church Council ¢onsiderthat an audit ts rtot v¢qutred for tljis year under sectton 144 tsf the ChatÉti¢s A¢t 2011 Ith¢ Cliarities Act) atkd tliAt independent examination is needed. Lt is my respo11b11Ity to.. exatt)ine the accounts ut)der section 145 of the Charities Act, to follow the proecdurcs laEd down in the gencral Direction5 given by the Charity CommissÈon (under seotiOTh 145(5llb) of the Chaiities Act), a]id lo state whether parti¢ular matters have come to my attetktion. Basis of Independent Examiner'5 Statement I have exaLed th¢ a¢¢(iurtts for the year ertded 31 DEcember 2023 set oli¢ pagr5 11 to 26. My examination was carried out in arcvrdance with general Dire¢ti4)ns ¥iven by Éh¢ ChHrity Commi55iC)n. An examiDativn incldeS a review uf the accoutsting records kept by the charity and a comparisoA of the ath)unis presented with those records. It also in¢ludes consideration of any unusual it¢ms or disclosures its the accouTLts. and s¢ek$ explatkations froni tli¢ trustees coThcemit)g any such matters. Thc procedure5 und¢rtaken do not provide all the cvidence thatwould be required in an audit, and consequently llo opinion is given as to whetheT the acc1n pirsent a 'true and fair, view and thE r¢port is limited to those atterS set out irl the ststBmeut below. Independent Examiner's statement In conllection with my examination. no matter has eorrte to my attention which gives me Irasonable ¢aus¢ to believe that in, any mat¢ri*l respect, the wquirem¢nts'. to keep acting records accordance with section 130 of the Charities Act. and to prepar¢ a¢¢outtts whi¢h a¢Id with tlie ac¢owiting r¢¢ords and mplY with the a¢¢ovnting r¢quirement$ of the Charities A¢t have not been met., or 2. to which. in Eny opinion. attention should b¢ drawn inordet to enable i proper understanding of the accoiints to be reached. D(¥vidJ. In olton FCA ent Examiner Chartered Accountant 373 Wimbledon Payk Road Southfields London SW19 6PE 26 March 2024
Parish of All Saints with Holy Trinity, Wandsworth Statement of financial activities Yeai" ended 31 December 2023 2023 Restt'icted fimds 2022 Total Unreslritd Total Not6s Income Voluntary income In¢01 from investments ]ncome from chai'itable activities JJ)saTe proceeds Total incom¢ 356.486 18,244 12,782 50,768 140,193 496,679 18,268 12,782 50,768 373,025 8.055 29,130 438,280 140,217 57&497 410,210 Exndill1 th•rit#bl¢ aetiv5tles (315,651) (140,386) (456,037) (200,381) Net Ineome 122,629 (169) 122.460 209,829 Transfrrs between fLmds 16 Net ve¢t fund5 122,629 {169) 122,460 209,829 Funds at beglnRlng of year 693,814 81,7(N) 775,514 565,685 Funds At end of year 16 816,443 81,531 897,974 775,514 The notes on pages 16 to 26 form part ofthese film181 strtements. 13
Parish of All Saints with Holy Trinity, Wandsworth Balance sheet Year ended 31 December 2023 2023 Restricted 2022 Total Unrestricted Total Notes Flxed agsety Freelxild land al buildiny$5 Other tangible fixed assets Tot%1 fixed assets 13 13 394,816 1,301 396,117 394,816 iJoi 396,117 394,816 2,911 397,727 Current assets Debtni's C.&8h at bank and in lthnd Total ¢urrent ay$ets 14 189,297 241.637 430,934 88 81.443 81.531 189,385 323,080 512,465 38,413 346,958 385,371 Current li2bilities Crediloi's.. ainounts falling due within one year 15 (10,608) (10,608) (7,584) Net curttnt assets 420,326 81,531 SOI,8S7 377,787 Total Iiet assets 816,443 897,974 77f,514 The fun(is of the Paiish Restricted funds U[¢5.1¢ted fistKIs General funds Dtsignated fill]ds 16 81,531 81,$31 81,700 16 16 16 26,245 790,198 816,443 26,245 790,198 897,974 78,882 614,932 775,514 Total 81,531 The notes on pages 16 to 26 forin pait ofthese fiDancial ateMents. Siled for and on bel)alf ofthe Parochial Church Council of the Parish of All Saints with Holy Ti'inity, Wandsworth Chai'ity number 1143840 DavidSiiiiNon Virar Gary Carpenler Treaswer 25 March 2024 14
Parish of All Saints with Holy Trinity, Wandsworth Statement of cash flows Yeai ended 31 December 2023 2023 Restri¢ted fdS 2022 Total Unrestricted fiRnds Total Notes C25h floiyy from operating 74clivilie5: Net cash (u8ed inv generated by orKratiT3g activities {&) (42,788) 642 (42,146) 171,300 Cash flows from investing actiYitie$: Capital expenditure Income fi'om inv¢stttKr (2,819) 8,055 18,244 24 1&268 Change in Sli in the yeg1' (24.544) 666 {23,878) 176,536 Cash at l Januaiy 266.181 80,777 346,958 170,422 Cash at 31 December (bl 241.637 323,080 346,958 (a) ReconcilltIOn of net Incomel (expenditure) to net tash floiys from operaÉliiE activities 2023 Restricted 2022 Total Unrestricted Tot¥1 Net income for the reporting period (pei. Ihe,Sluléiiiénl tsfFiKanci(Tl Acliiiilies) Adjustmerts for.. Dcprcciation Charges Income from investsllents (hrE8¢)1 decrease in debtoi's Jncreasel (decrease) in Creditors Nel cash genei'ated by operating activities 122,629 (169) 122,460 209,829 1,610 (18,244) (15I,897) 3,114 42,788 1.610 {18,268) (150,972) 3,024 {42,146) 2,107 {8,055) (25,312) 7,269 171300 (24) 925 90 642 (b) Analysis of cash 2023 Restri¢ted fimdg 2022 Total UN'estt'i¢ted Total Casli in hand On deposit ot battk Total 489,181 247 S44 241637 396,116 1314,673 Al,443 885297 (562,217} 323,080 1,270 345,688 346,958 The notes on pages 16 10 26 forrnpart of these financial statements. 15
Parish of All Saints with Holy Trinity, Wandsworth Notes to the accounts Year ended 31 December 2023 l. Accounting polieies (th) Bftsls ofjjrepurrtlloii fiijd Msse.ssiiiepil ofgoliig coiicerii The financial stat£ents bave been prepared und¢r Ihe historical cost convention and in aceordance WTth the Statement of RecoM1neled Practice.. ACcoltIng and Repoiting by CharÈties, applicable to Charities preparffing their financial Statelell in accordance with the Fitmncial R¢poiling Standai'd applicable in the UIC and Republic of Ireland (FRS 102) and tlie Chai'itie5 Act 2011. The Parish meets definition of a public benefit entltyu[er FRS l(r2. The Parochial Chwch COU11 {"PCC") considers that thei'e are no malerial ertaInl]eS about ¢he Parish's ability to conti]MJe as a going concerTr With respect to the next reporting pa'iod, the most sigjificant areas of utKertainty that affect the Pai'ish's finatKial condition are the contin]ng leyel of dothatiotts received church MelberS and the level of expendit¢ required to be in¢wY¢d ¢0 iEpair the All Saints church b7]din (b) Fuiids Uni'eslriefedfuNds present tbe fidS of the PCC that are not subject to any constraints regarding their use and are available for the genei'al pwpos¢s of tlie PCC. These include fi]nds designated for a particular pwp05e by the PCC which are describEd further in Note 16. Resli'icledfiiRdJ repi'esent donatioTJS or Trts received for a specific object or invited by the PCC tor a specific obje¢L These fithds may only be expeled on Ihe specific object for which they were given, DelaEls of the restrictcd fLmds are provided in Note 16. The financial statements include all transactions, assets and liabilities for whirh PCC is resporsible in law. -lThey do not include the financial statetttNs of church groups that owe an affiliation to aTh)tIKr body, nor those tknt are infonnal gatherings of church nkmbers. (cj Doiiartlony rtiid legftele5 Donations and leg9k cies are recogt]L5td when the entitlunci)t to thc cconomic benefit has passed to the PCC and its tarY value can be measured reliably. AMots reLeiv<iblE forn of pl&nned givi are only reCOlSed when received from th¢ donor. Grants and legacic8 arc 8CCOilllted foi. when entitlernellt is notified, the amount receivable is quantifiable and its ultimate receipl IS pi'obable. Kolne tax recoverable ot) donatio given uJd¢r Gift Aid is reCOLsed at the time of the donaÉion. (d) Olhei. liiconie Rental incon)e from the letting of church pirmises and other properti¢S is accounted for when receivable. Income i'eceived froni the Ch'¢h Estates Charity is accounted for as investment income as the tTUStee5 of that charity have d¢t¢rrnined that its investsnert 1me will be passed to ihe PCC by way of donation and is th¢refore nM)I'e ¢ha¥actei'isti¢ of investment income than of g7nt income. The iJKorne 18 a¢wunted for when received by the PCC. InteiEst Iorne is accounted for when due. Par(Khial fees due to the PCC for weddings a1 fiuri'als are accounted for al th¢ tiiir of the event. Insw'ance proceeds are accoullled foi. when 6ntit]ement is confji'n]ed aThl t JrK)netary Val canbe tneasured reliably. 16
Parish of All Saints with Holy Trinity, Walldsworth Notes to the accounts (continued) Year ended 31 December 2023 Accounting policies (continued) (e) Cliiireli oYpeii¢llliire Costs are accounted for when inCUTred. Pa)mnts to the Diocese of Souihwat Pat'ish Support Fund are accowiled for wIn due, These pa)qnents are volunt&ry Conh'ibutios to ¢over the costs of elei&v stipends, housÈng a1 trainii)& as well as otl)er diocesan cosl5. FlxÉd lisseis The fi'eehold property at 74 Haldon Road, owned by the PCC priinarily foi. t] accommodation of staff (bL rented out comrnercially when OtrWise vacant), is thown at COSL This comprises the oi'iginal costof pw'chase plus costs of improvements, including associated pi'ofessional fees. This propety is not depreciated but its Viilue is reviewed pei'iodically by the PCC to detemune whether any write down of its earryimg value is i'equii'ed. llie PCC also owiL8 the fi'eehold of the Holy Ti'inity Chwch Centt'e, adjacent to Holy Trinity ChurclL This property is included Énthe accounts at ¢osl. being a nomitMI anUt of £1. Consecrated and beneficed properties are removed from the definition of charity er Section 10(2)(a} and {c) ofilie Chai'ities Act2Q I l and thei'efore the 8ssets arc Excluded from the finRncial strdlements. The PCC retairns respoE]sibility for maintainingthese properties al so costs incuri'ed by the PCC for the repair, maintenanc¢ or in]pruv¥menl ofihese assets are ¢liarged to the incoi))e expetKlittre accont. Chch fiwnishings held by the vicar and ChchWa1.dC% on.%pccial trLL8t for ihc PCC and which requiye a faculty foi. disposal al'e accounted for as i14lienable property and also excluded fromthe finarKial statements. All cxpcnditure incutted on pwchase or inwi'ovement of iE)dividual assets acquired at a Gost genei'ally less Ihan £1,000, or L)n the repair or maintenance of church buildings and fittings, is expenscd the year iii whith it is incuTed. Othcr itcms of officc equipnE church assets are recorded at cost and are depreciated over their exp¢cted lÈveb d( £ullow5.' Office equipment - photocopier, coinput¢rs, tEl¢pholle syste1 office fixtttres and fittings chch assets piano 5 yeai's - 20 years 17
Parish of All Saints with Holy Trinity, Wandsworth Notes to the accounts (continued) Year ended 31 December 2023 Voluiitary income 2023 Restricted fid$ 2022 Tolal Unrestricted Total Regular giving banker's order Charities Aid FodatiOn and similar tax-effici¢nt foiittg of vIng Collections, includtng gYfis in envelope scheme Grants (Note (a)) tzgaeies other dok)ations Inconr taxrecoverable nder Gift Aid 58,270 1,600 59,870 53,953 59,100 59,100 58,225 1,922 2,053 1.644 27.002 1fv1,786 20,904 175,000 175,000 196,517 19,190 80 19,270 25,370 16,002 598 16,600 16,412 356 486 140 193 496,679 372 025 (a) In 2023> ants include £115,556 fi'om the ChLllrh Estates Charity, th¢ trustres of which are the Yicar and warderL8. 131 137,784 Income frotn inYe8ttEkents 2023 Restricted 2022 Tolal Unrestricted fimds Total Investttl incoine donated by the Church Estatss Cliai'ity Bank iFrterest ('oss) Other Rnterest Property income 3,580 3,580 116 140 14,544 14,544 18,244 18,268 Itwme received fromthe CjiLll'¢h Estates Charity is oC¢Oillted for as investment inconr as the tti]5tee5 of that ch&rily have determined that its investtllEllt 1coMe will be passed to the PCC by way of dollfition and is therefore more characteristic of investtnEnt i0¢ than of g'ai)t income. 765 24 7,290 24 Incoine from chaiitthbl¢ 4¢livlties 2023 Restricted 2022 Total Unrestricted fimds Total Funerals Weddings and banns Ot7KI' f¢¢$ Hii'e of properties HolyTrinity Chwch Centre Cliwch buildins5 and ¢urtilage 203 860 203 860 1,037 1,032 32 4,691 7,028 12.782 4,691 7,028 12,782 7,751 19,278 29,130 I]rance proceed5 In the course of2023, woceeds of £50,768 (2022.. nil) were received from ParisW5 i1.¢f5 in respect of a claiin foi. die damage done to the porch of All Saii]ts Cliwcli. The repairs were con4)leted in 2023. 18
Parish of All Saints with Holy Trinity, Wandswortb Notes to the accounts (continued) Year ended 31 December 2023 6. Analysis of expenditure on charitable actlvltles 2023 Restricted fid$ 2022 Total Unrestricted Total Notes Gi'ants and gifts to it1vIdUalS and otl oi"ganisatioDS Bxpenditur¢ on the Parish's own ministt'y Dire¢t ministy support costs Chwch and ministry expenditure Maintena¢ of churches alld properties Chw¢h administration 5.200 5,408 10,608 14,378 2,347 120,176 154,102 5,590 3,574 116,416 7,937 123.750 270,518 43,224 445,429 456,037 3,226 123,861 24,404 10 310,451 515,651 134,978 140,386 186,003 200,381 Total expenditw'e on chai'it8ble aetivities 7. Grants and gifts to individ115 and other oryanisatlons 2023 2022 Total Unres*'icted Restricted Total Christ chch at All Saints (') Peter ICan7au N¢w Growth Ministries Nathan Prior- mii]istry apprenticeship ( ) Royal Hospital for Neurodisability ChplaiCY ('} Open Doors Theophany Teens Care International (stiPP(w'iiNg P¢7111 MUnS£Tr',j 2,000 Church of Englat Evangelical Cothwil { ) 400 TKtOTL City Mission 447 Total 5.200 5,408 14.3711 * RelatÉdpartles.' The senior pastor at Clll'ist chch 15 Andi'ew O'Bi'ien who is a membei. of die PCC. Nathan Prior is the son of the previous Vi¢ai', who restEd on 3 Deeember 2022. A preyious member of the PCC who resigned on 27 March 2023, GeoffEry Coyne, is the ¢haplain at tFt Ro] Hospital for Neuyodisability. A ]nember of the PCC. Carl Hugtrs, is a member of council of the Church of England Evangelical Council. 5.408 5,408 2,000 1,400 1,000 400 400 6,131 2,000 1,000 1.600 400 400 2,000 ,400 1,000 400 400 10,608 8. Direct minlstry support costs 2023 Restricted 2022 Total Unrestricted fiy]ds Tot01 Books and tt'acts Courses 247 247 216 53 2,856 62 Events C]M]rch 0upS Christmas hainpers provided to parishioners Youth and children's ministty Total 1.641 427 1,641 427 4,464 1,158 7,937 4,464 1,126 32 39 19
Parish of All Saints with Holy Trinity, Wandsworth Notes to the accounts (Continued) Yeai ended 31 December 2023 Chureli and miiiistry eXnditre 2023 Re5tricled fimds 2022 Totdl Unrestricted fi]mls Total Dioeesan Parish Support Fund Vi¢ar's alld staff experns¢8 Inter1e]uM and reci'uitment costs Ministry Assistants ReinuJ)eration Church and chw'ch property expenses Cleaning Depreciation of Chch assets Elecli'icity (Note (a)) Gas {Note(a)) Insurance Rates and water Fire and intruder alarn) Oi'gat)s and pianos - tLMing and servicing Subscriptions and sundry donbtiOIi8 Other 80,000 603 1,709 80,000 003 1,709 78,000 1.634 2,113 2,J13 3,521 8,845 8,845 78 78 3,517 3,517 7,148 7,148 13,101 13,469 1,359 2,452 1,331 I31 1,411 1,411 60 60 1.014 1,014 Total 120 176 123.750 (a) Gas and ele¢tr&city costs exclude costs relating to All Saints CIM as these al'e now borne directly by Christ Church at All Saints. 7,607 78 3,318 12,466 12,450 1,997 368 1,093 2,086 698 123 861 10. Maiiit¢nance of churehes and properties 2023 UnTestricted 2022 Total Rests'icted Total All Saints Chw'¢h- tnajor fybri¢ i'epairs All Saints ChLll'ch- other Holy Trinity Church 74 Haldon Road HolyTrinity Oi'gan Lift maintenance Routine serYi¢ing and I?11¢8¢t (Not¢ (a)) 139,236 6,087 498 523 115,556 254,792 6,087 498 523 4,2J8 6,423 249 7,200 332 5.962 618 7,140 154 102 618 8,000 270,518 860 116416 (a) Routine sa'vicing and maintenance ilKludes Costs rel3ting to lithiing¢onductors, kpplian¢¢s ad engenCY lightin& ¢xtinguisher5 and related riska55essments, ceDtral heatingboilers and siniilai., 20
Parish of All Saints with Holy Trinity, Wandsworth Notes to the accounts (continued) Year ended 31 December 2023 11. ch ad¥Trini5tratio 2023 Resb'iot¢d 2022 Unrestricted ijls Total Total Pj'inting statiollei'y, wstsge and 5uppIiES Parish office telephone and broadband Pai'ish office equipment Pai'ish adTninistt'ator remuneration Pyofesstoiial fees Depreciation of office ¢quiprKnt PublicKty and website costs Licences and subgcriptions Othei. Total 795 2,525 22 22,789 2,400 1,532 1,534 2,091 138 33,826 9,398 10,193 2,525 22 22,789 2,400 1,532 1,534 2,091 138 561 3,691 419 21,487 2,351 2,029 2,491 1,402 81 34,512 9.398 43,224 ProfessioTral fees ittlude an amount paid of £1,770 to te Independ¢nl Exam%ner {2022.' £1,750). 12. Employrnent eosts Employee ¢osts inc11¢d IÈ) notes 9 I l above ¢onwi'i8e the followin 2023 2022 Salaries Emploirynent alloWatt National illsurance aT pei)sion contributions 24,237 {1,798) 2,461 24901 24,283 (1,428) 2.153 25,008 Avernge number of employees En)ployees exclude the Vicar and Cm'ate whose remwieration is paid by Diocese. 21
Parish of All Saints with Holy Trinity, Wandsworth Notes to the accounts (continued) Year ended 31 December 2023 13. Tangible fixed asset$ Unrestricted Freehold pi'operty oles (L7),(b) Cl)w'ch assets Equipment Total Cost At l JaUary 2023 Disposals At 31 Deceinber 2023 394.816 2,045 108,920 505,781 (13,064) 492,717 394,816 2,045 95,856 Deptt¢iitloA At l January 2023 Charge ftsi. the year DisPOs#1$ At 31 December 2023 {1,841) 178) (106,213) (1,532) 13,064 (108,054) (1,610) 13,064 (96,600) Net Book Value At l Janry 2023 At 31 December 2023 394,816 394816 204 126 2,707 1,175 397,727 396 117 (a) The freehold property at 74 Haldon Road is accowited for at oi'igrnal cost of acquisition plus th¢ costs of the extetL8iOn and refitrbishment iUrred in 2021 and 2022 (in¢ldIng pyofessional fe¢s). (b) Additiofjal freehold property, irjcludittg Holy Ti'inity Church Centre, adjacent to Floly Trinity Churc (which is held al cost at a numiniil amoLmt of £1), is held in for the PCC by t[ South Lx)ndon Church FUTKI and Southwark Diocesan Board of Finance. 14. Debtors 2023 Restricted fiJAds 2022 Total Utwestricted Total Tax recoverabl¢ A¢cotS receivable t£gacies receivable Prepayments Total 4.010 8,700 175,000 1,-587 189,297 88 4,098 8,700 17%,nOO I,S87 189,385 4,426 7,367 26,000 620 88 38,413 15. Ci¢ditors: amowils falling due ivithin olle year 2023 Restricted 2022 Total Lkn'e5h'icted funds Total AccDt]nts pftyable Otlki. acci'uals Total 772 9,836 10,608 772 9,836 10,608 2,1(14 5,480 7,584 22
Parish of All Saints with Holy Trinity, Wandsworth Notes to the accounts (continued) Ye. ended 31 December 2023 16. Fwkds aiialysls Noie l January 2023 Moven]cnts dui'i 2023 Trasfers Income Expet]dittwe 31 December 2023 Unitstiicted fuiids Genei'al Fund Designated Fd$ 78,882 (5,466) 263,280 (310,451) 26,245 Fixed A$3et Fund (al Missioj Giving Fund (b) menrial Fut]ds {¢) 397,727 688 216,$17 614932 693 814 (1,610) 7,076 396,117 2564 391,S17 790,198 816,443 {5,200} 175,000 175.0(K) 438 280 Total unitstiicted futKIs Resliicted fun 315 651 Christian Worker5 Be115 Deanei'y fvtis5ion {d} Wandsworih MissÈtsn le) Parish Ministry Futtd (fj Christ Chur¢h al 1 Sairts (g) Holy TrÉnity Piano yot Work Seniors Ministry Parish of Wandsworth Poor Fur¥J (h) All Saints repairs Other specific gifts al collectiot Total restiicted funds 46,811 7,418 972 57 4,800 151 4,000 14,182) (252) (4,464} 47,429 7J17 508 57 4,922 550 8,042 2,649 2,490 7,497 14,320 908 412 (9,398) (5,408) 5,050 7,630 3,775 2,490 7,497 (1.1261 115.556 70 140,217 578 497 1115,556) 70 81,53] 897 974 140 386 Tothl fwlds Details ot iOme received duringtk year are provid¢d iTt notss 2 10 5. Details of expe[lture incwred dwing the year art provided in notes 6 to l l. De.$ignated Fun(Ls are thos¢ fitt[S set aside for a paiticular pui'p05e byihe PCC. (a) Tk Fixed Asset Fund represents the tt book value ofthe PCC'S fixed assets which are resowces that are not readilyavailable for Ihe PCC'S otkr gencral pseS. Ib) PCL has resolved that 5Tr/y of IDu'estricted dircctgiving (includingtsx recoveiy) in 2023 (2022.. 50/0) should be allocatsd to external mission organi5ations or individuals, ae¢(wnted for as a designated fi]nd. (c) TIK PCC has resolved thai tl* legaeies left to the pai'ish byAnn Joslin and Myra Jone5 2021 at]d 2022 and by Nirja Herbert in2023 s[uld be &et aside in a fimxl desited to be used for projector projects ill t1r nry, but not yet determitd. The Re5tiicted Fwiits have be6n established from monies receiyed from the Parish's special appeals, ants, specific collections and dona¢ioT]s for specific pwpos¢s, Id) Thc D¢anei'y Mission Fund cai'ried forwai'd comprises fisnds from SouthwarkDiocese for t[ purpose of mission i the Wandsworth Deanery. tnthe Cowse of the year, addtIOnal wer¢ received fi'om Otrg for the pwpose of pi'oviding Chi'istm&s hampers to residctlts in the parish, which wei'e spent in theii. entirety. (el T} Wandsworth Mission Fund coryrise5 IEceipts from other churches ITr waISWorth wl)i¢Tr4 together with tl PCCS Contributio are 5pellt on Wandsworth nyssion events. (O In tk course ofthe year. a g'ant was received to fijnd the production ofd¢vgtional book materials, whichwas spent in its entirety, and a fivther an¢ iw been rec¢ived to be spent at the discretion of tk vicar foi. the pwpose of tnsnisty in th¢ parish. (g) funds received by the PCC from tiurd parties for tlie support of the millistry of ChrisÉ Church at All Saints. {h} Th¢ Parish of Wandsworth Poor Fund's objective is the relief of the poor of Ik Parish of Wandswoith. Tho Parish of Waixlsworth Pool. Fund was cslablished in February 1995 pursuant to the wi[lE]g up of the following cliarities.. Visco1t St. John Charity (reg'd. charity number 255709). Sir H. St. Jolm Cl)arity (255708): E.A. Horne Ckority (251251). Du Boui$50n or Lying in Cknrity (250332). and Marion Barker Charity (250331). 775 514 23
Parish of All Saints with Holy Trinity, Wandsworth Notes to the accounts (continued) Yeai ended 31 December 2023 17. Cotnparntive iiiforniatio Statement o ivltles 21122 Restt'ieted nds 202 Total UThrestricted funds Total Income Voluntary Iome ]ncomp fi'om investhnis Income from charitable activities Total incorne Expenditure oll charit•ble aetfvltles Net intome 348,560 8,055 29,130 385.745 {187,214) 198,531 581 199,112 494,702 693,814 24,465 373,025 8,1>55 29,130 410,210 (2UO,3¥1) 209,829 325,973 7,338 25,431 358,742 {250,933) 107,809 24,465 {13.167} 11.298 (581) 10,717 70,983 81,700 Transfe1% between fullds Net movement in fuDds 16 209,S29 565,685 775,514 107,809 457,876 565 685 Fund5 at beginning of year Funds At end of year 16 BRlhrtet sheet 2022 2021 Total Unrestri¢led ffftds Restricted Total Fixed assets Freehold latyi and buildings Other taiwble fixed as3¢ts Total fixed a55ets CuNent assets tkbtors Cash at bank and in hand Total current &ssets 13 13 394,816 2,911 397,727 394,816 2,911 397,727 391,997 5,018 397,015 14 37,400 266,181 303.581 1,013 80,777 81,790 38,413 346,958 385J71 13,101 170,422 183,523 Cui'rent liabilities Creditors.. aillounts falling due within one year 15 {7.494) 296,087 693,814 {90) {7,584) (14,853) 168,670 565,685 Net eurreRt 2S5et5 81,700 81,700 377,787 775,514 Total nel assets The thiids of the Parish Restricted fimds ih)I'¢stt'icted fidS General fimds Desigmatsd fiuKIs 16 81,700 81,700 70,983 E6 16 78,882 614,932 693814 78,882 614.932 775514 76,127 418,575 565,685 Total 16 81,700 24
Parish of All Saints with Holy Trinity, Wandsworth Notes to the accounts (continued) Year ended 31 Dember 2023 17 Compaixtive InformatRon (contiliued) Statement ofcash llows 2022 Restricted 2021 Total u.eS.1tted fijnds Tot•1 Nofrs Casli floivs from operating activitTes: NEt cash generakd by oper&tingactivities (a) 160,462 10,838 171,300 120,024 Cash now$ from luvesling actLVities: C&pital expenditLll'e In¢ome from inves1nts 12,819) 8,055 (2,819) 8,055 1114,888) 7,338 Change in c#sh Ill the year 16S,698 10,838 176,536 12,474 Transf¢iY between Cash at l January 581 99,902 {581) 70,520 170,422 157,948 Cashat 31 December Ib) 266 1¥1 346,958 170,422 (x) ReeoiiciliatioD of net ineome to net cA$h lloivs rtyjm opernting activities 2022 2021 Totsl Unrestricted Restt'icted runds Total Net income for the reporting period &)ei' the StuleiKeAi of FiNancialAclivities) AdjStMents for.. Depreciation charges Income fi'om investtments {Increas¢) I deci'ease in d¢btors (Decreasel ireaSe in Ci'edktors Net cash generated by operating activities 198,331 11.298 209,829 107,809 2,107 (8,0551 (24,762) 7,359) 160462 2,107 (8,055) (25P12) (7,269 171300 2,107 (7,338} 7,853 9,593 120 024 (550) 90 (b) Analysis ofeash 2022 Resth'i¢t¢d fi]nds 2021 Total ul¢StriCted fimds TotAI Cash in ha1 On deposit at bank Total ,105 265,076 266,181 165 1370 345,688 346.958 311 170,111 170 422 80,777 25
Parish of All Saints with Holy TrAnity, Wandsworth Notes to the accounts (continued) Yeai ended 31 December 2023 17 CoJnparHtlYe inforfflatLOn (eoiitlnued) Funds analysls l JallUy 2022 MovenMits dwii)g 2022 Tratkgfti's IllLome Expendilure 3J December 2022 Unrestrieted funds GeneiEI Fund Designated FdS 76,127 (6,859) 189,228 (179,614) 78,882 Fixed Asset Fund Mission GivingFund A. Joslin & M. Jones Memoriol Funds 397,015 1,560 20,000 418,575 494,702 712 397,727 688 216,517 614,932 693,814 6,728 (7,600) 196,517 196,517 385,745 7,440 581 {7,60Q) (187,214) Tot%&1 unrestrieled funds R¢$lricted fuDd5 Christian Workers Bells DearY Misston waisWorth MisSIL)TI Christ Church at All Sail Holy Trinity Piano Yothh Woi'k Sellior5 Ministry Parish of Wandswoi'th Poor Fd Other specific gifts and collections Total restri¢ted fund5 47,866 7,017 972 5,200 435 16,255) (341 46,811 7,418 972 988 (9311 (5,200} 57 10,250 7,630 5,050 7,630 3,775 2,490 7,497 3,875 2,365 7,497 403 (100) 125 (581) (581) 825 24,465 (647) {l3,167} 70,983 81,700 Total funds 565,685 410,210 200,381 775,514 See Dote 16 foi. de5cr&ptions of the fLmds. 26