2022-12-31-accounts - The Parochial Church Council Of The Ecclesiastical Parish Of St Anne With St Faith, Wandsworth

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The Parish Church Council of St Anne with St Faith, Wandsworth

Aim and purpose

The Parochial Church Council has the responsibility of co-operating with the incumbent, the Revd Cécile Schnyder, in promoting in the parish the whole mission of the Church, pastoral, evangelistic, social and ecumenical.

The Council seeks to serve the people in the ecclesiastical parish by being a Christian presence in the community, by instructing people in the Christian faith, offer pastoral care and support.

Church services etc.

The PCC takes the lead with the incumbent in planning the life of the parish.

The ministry of the church in the community takes shape through worship, occasional offices (baptisms, marriages and funerals) and community activities.

The church is called to be a place that pulls the whole community together, a place of inclusion and welcome.

Our Sunday Services are held at 8am and at 10am. The 10am service has the additional provision of a Sunday School.

In addition to that Play!@St Annes, our well-loved and very busy toddler group happens on a Wednesday morning. The church toddler group is a place for children and their adults to socialise during free play and hear a bible story and sing songs around the piano. Additional church services happen throughout the year to mark the feasts of the Christian Year (Advent, Lent, Corpus Christi, Harvest to name just a few).

Community activities

We have close links with our local primary schools, especially in two Church of England schools where the vicar and a number of church members have served as foundation governors. We have good links with Wandsworth Homestart and a number of parishioners have worked in previous years with the Glass Door winter night shelter for the homeless in St Barnabas, Southfields. We have bimonthly community lunches where we bring people (old and young) from the local community together over a meal.

In 2022 we also began a weekly Coffee Morning. The Coffee Morning now brings 20-25 people together each Monday over a cup of coffee and cake.

Christmas was celebrated with a Carol Service, two nativity plays and services on Christmas Eve and Christmas Day. The collection of £4036 from these services was donated to Age UK Wandsworth and St Andrews Foodbank in Earlsfield.

St Anne’s Church and St Anne’s Church Hall

The church and hall are used for our own activities as well as a wide range of community events. The maintenance of these two buildings is a major part of our responsibilities. (In 2015 the parish was informed that the hall was in fact owned by the diocese, not the parish. After many months of discussion, a lease was successfully negotiated.)

The church is used for the coffee morning, toddlers group, various concerts and church as well as school services. The building is open on three days per week for private prayer as well as for Sunday services.

In addition the PCC owns a property (28 Aslett St) and the former St Faith’s Church in Ebner Street which at present are applied to income generation for the purposes of the parish.

Structure, governance and management

The PCC is appointed according to the Church Representation Rules. The membership consists of the incumbent, churchwardens, Deanery Synod representatives and elected members. The PCC is a body corporate (PCC Powers Measure 1956, Church Representation Rules 2006). Its Charity No. is 1144983.

The PCC is responsible for decisions of all matters of general concern and importance to the parish including decisions on how the funds of the PCC are to be spent.

The PCC has nine regular meetings each year. There is also a Standing Committee which meets according to need.

PCC members who have served from 1 January to 31 December 2022 are:

Incumbent (ex officio)

The Revd Cécile Schnyder

Churchwardens

Clare Howarth Karen Mayne

Deanery Synod Members

Pam Davies Charles Mathiesen

PCC members

Margaret Cooper Maureen Edwards Duncan Faulkner Clare Groves Julie Harrison Richard Hutchinson Andrew MacIntosh Jennifer Ripley Stephanie Schlingensiepen Marion Trelawny Liz Turner

ST ANNE'S with ST FAITH'S WANDSWORTH

Annual Report and Financial Statements

of the

Parochial Church Council

For the year ended 31 December 2022

Incumbent

The Reverend Cécile Schnyder St Anne's Vicarage 182 St Ann's Hill Wandsworth SW18 2RS

Bank

NatWest Bank 111-117 Putney High Street London SW15 2LL

Independent Examiner

David Mel Zuydam F.C.A. The Bridge House Adderbury Oxfordshire OX17 3EW

ST ANNE'S with ST FAITH'S WANDSWORTH

STATEMENT OF FINANCIAL ACTIVITIES

for the year ended 31 December 2022

Unrestricted Funds Note £ INCOMING RESOURCES 2,4&5 Incoming resources from donors 45,243 Other voluntary income 3,573 Income from operating activities 89,229 Gross income from fund raising 1,620 Income from investments 26,442 TOTAL INCOMING RESOURCES 166,106 RESOURCES EXPENDED 3&4 Costs of generating funds 1,370 Charitable giving 1,493 Directly relating to the work of the church 148,850 Church management and administration 10,965 TOTAL RESOURCES EXPENDED 162,678 NET INCOMING / (OUTGOING) RESOURCES 3,428 TRANSFERS Gross transfers between funds - in - Gross transfers between funds - out - GAINS / (LOSSES) ON INVESTMENTS - NET MOVEMENT IN FUNDS 3,428 BALANCES BROUGHT FORWARD AT 1 JANUARY 71,542 BALANCES CARRIED FORWARD AT 31 DECEMBER 74,970	Designated Funds £ - - - - 2 2 - - - - - 2 - - - 2 7,928 7,930	Restricted Funds £ - - - - 240 240 - - - - - 240 - - - 240 7,246 7,486	Endowment Funds £ - - - - 242 242 - - - - - 242 - - - 242 12,253 12,495	2022 2021 £ £ 45,243 43,687 3,573 793 89,229 80,060 1,620 2,550 26,927 27,344 Total Funds
				166,591 154,434
				1,370 873 1,493 2,010 148,850 148,864 10,965 5,326
				162,678 157,073
				3,913 (2,639) - - - - - -
				3,913 (2,639) 98,969 101,608
				102,881 98,969

Page 1

ST ANNE'S with ST FAITH'S WANDSWORTH

BALANCE SHEET at 31 December 2022

Note FIXED ASSETS 6 Tangible fixed assets Investments CURRENT ASSETS Short term deposits with Central Board of Finance Cash at bank and in hand General Repairs/Development Triodos Pepperpot NET ASSETS FUNDS 7 Unrestricted Designated Restricted Endowment	2022 £ 1,124 5,041 6,165 7,722 55,046 7,740 18,734 7,476 88,995 96,717 £102,881 74,970 7,930 7,486 12,495 £102,881	2021 £ 1,124 5,041
		6,165
		7,476 49,137 7,740 21,216 7,236
		85,328
		92,804
		£98,969
		71,542 7,928 7,246 12,253
		£98,969

Approved by the PCC on 7th February 2023 and signed on its behalf by

Cécile Schnyder

Chair

The attached notes form part of these accounts

Page 2

ST ANNE'S with ST FAITH'S PCC

NOTES TO THE FINANCIAL STATEMENTS for the year ended 31 December 2022

1 ACCOUNTING POLICIES

The financial statements have been prepared in accordance with the Church Accounting Regulations 1997 as amended by the Church Accounting (Amendment) Regulations 2001 together with applicable accounting standards and the Charities SORP(2015)

The financial statements have been prepared on a cash basis except for the valuation of investment assets which are shown at book value.

Funds

The General Fund represents the fund of the PCC that is not subject to any restriction regarding its use and is available for application on the general purposes of the PCC. The Repairs Fund is designated by the PCC for use on the maintenance and replacement of the church building, other, properties, furnishings and office equipment. This fund is also unrestricted.

The purpose of any restricted funds is noted in the accounts.

The accounts include transactions, assets and liabilities for which the PCC can be held responsible. They do not include the accounts of church groups that owe an affiliation to another body nor those that are informal gatherings of church members.

Incoming resources

Voluntary income and capital sources

Collections are recognised when received.

Amounts receivable under gift aid are recognised only when received.

Income tax recoverable on gift aid donations is recognised when the income is received. Grants and legacies to the PCC are accounted for when received.

Funds raised by the Summer and Christmas fairs and similar events are accounted for gross.

Other income

Rental income from the letting of church premises is accounted for when received.

Income from investments

Dividends and interest are accounted for when due and payable.

Investment gains and losses

Realised gains or losses are recognised when investments are sold.

Resources expended

Grants

Grants and donations are accounted for when paid, or when awarded if the award creates a binding obligation on the PCC

Fixed assets

Consecrated land and buildings and moveable church furnishings

Moveable church furnishings held by the Vicar and Churchwardens on special trust for the PCC, and which require a faculty for disposal, are accounted for as inalienable property unless consecrated. They are listed in the church's inventory which can be inspected (at any reasonable time).

All expenditure incurred during the year on consecrated or beneficed buildings and moveable church furnishings, whether maintenance or improvement, is written off.

Other land and buildings

Other land and buildings held on behalf of the PCC for its own purposes is shown at book value. No depreciation is charged against such properties but any expenditure on maintenance or improvement is written off as incurred.

Other fixtures, fittings and office equipment

Any expenditure is written off in the period in which the asset is acquired.

Investments

Investments are shown at book value.

Current assets

Amounts owing to the PCC at 31 December in respect of fees, rents or other income are shown as debtors less any provision for amounts that may prove uncollectible.

Short term deposits include cash on deposit either with the Central Board of Finance or at the bank.

Page 3

ST ANNE'S with ST FAITH'S WANDSWORTH

NOTES TO THE FINANCIAL STATEMENTS (continued) for the year ended 31 December 2022

2 INCOMING RESOURCES

Fund

Unrestricted £ 26,347 7,110 1,125 6,653 2,994 1,014 -	Designated £ - - - - - - -	Restricted £ - - - - - - -	Endowment £ - - - - - - -
45,243	-	-	-
3,573 -	- -	- -	- -
3,573	-	-	-
3,947 21,272 44,619 4,016 180 14,500 695	- - - - - - -	- - - - - - -	- - - - - - -
89,229	-	-	-
- 450 1,170	- - -	- - -	- - -
1,620	-	-	-
21 26,421	2 -	240 -	242 -
26,442	2	240	242

£166,106	£2	£240	£242

Page 4

ST ANNE'S with ST FAITH'S WANDSWORTH

NOTES TO THE FINANCIAL STATEMENTS (continued) for the year ended 31 December 2022

3 RESOURCES USED

Unrestricted £ 3(a) Charitable giving Church charities 1,493 Secular charities - 1,493 3(b) Directly relating to the work of the church Ministry: Diocesan quota 82,000 clergy expenses 1,262 Church : running expenses 10,022 maintenance 1,435 upkeep of services 9,571 development 8,253 Sunday School Resources - Publicity 1,502 Property costs: Hall 8,590 28 Aslett St. 5,996 Repairs: Church 912 Hall - 28 Aslett St. 831 Utilities (Gas, Electricity, Water) 17,795 Other fee payments 680 Miscellaneous expenditure - 148,850 3(c) Costs of generating funds Summer Fair - Traidcraft 785 Other events - 100 Club 490 Refreshments 96 1,370 3(d) Church management and administration Administration 10,557 Bank charges 407 10,965 TOTAL EXPENDED 162,678 NET INCOMING/(OUTGOING) RESOURCES BEFORE TRANSFERS 3,428 3(e) TRANSFERS BETWEEN FUNDS Investment and property income - NET INCOMING/(OUTGOING) RESOURCES £3,428	Designated Restricted £ £ - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - 2 240 - - £2 £240 Fund	Endowment £ - - - - - - - - - - - - - - - - - - - - - - - - - - - - - 242 - £242	2022 2021 £ £ 1,493 2,010 - - Total Funds	2022 2021 £ £ 1,493 2,010 - - Total Funds
			1,493	2,010
			82,000 1,262 10,022 1,435 9,571 8,253 - 1,502 8,590 5,996 912 - 831 17,795 680 -	82,000 550 7,877 3,949 7,466 11,306 - 467 8,077 8,190 - 5,650 1,235 10,777 1,220 100
			148,850	148,864
			- 785 - 490 96	287 454 - 45 87
			1,370	873
			10,557 407	4,895 431
			10,965	5,326

			162,678	157,073
			3,913 -	(2,639) -
			£3,913	(£2,639)

Page 5

ST ANNE'S with ST FAITH'S WANDSWORTH

NOTES TO THE FINANCIAL STATEMENTS (continued) for the year ended 31 December 2022

4 RESTRICTED FUNDS

Pepperpot Campaign

4(a) INCOMING RESOURCES Income from investments Dividends and interest TOTAL INCOMING RESOURCES 4(b) RESOURCES USED Upkeep of services Bank Charges TOTAL RESOURCES EXPENDED	2022 £ 240 240 - - £0	2021 £ 240
		240
		- -
		£0

The Pepperpot Campaign was set up in 1991 to clean and restore the exterior of the church, restore the organ and re-order the chancel.

5 ENDOWMENT FUNDS 5(a) Carolyn Baldry Memorial Fund 5(b) DE Brooking Fund 5(c) Garratt Lane Infants School 5(d) Stephens Bequest Total 2022	Income from investments £ 32 19 13 178 £242	Resources used £ - - - -
		-

The income from the Carolyn Baldry Memorial Fund is to assist members of the church youth groups so that they may take part in planned activities.

The income from DE Brooking Fund is used to provide flowers in church.

The income from Garratt Lane Infants School is used for educational purposes, in particular, Sunday school.

The income from Stephens Bequest is used for the exterior maintenance of the church.

6 FIXED ASSETS FOR USE BY THE PCC

		2022	2021
6(a)	Freehold land and buildings	£	£
	At book value	1,124	1,124
	This comprises the curate's house at	28 Aslett Street, London SW18.
	It is let as investment property.
		2022	2021
6(b)	Investments	£	£
	Garratt Lane Infant's School
	£2,500 3 1/2% War Loan	2,125	2,125
	Stephen's Bequest
	238 CBF Investment Units	2,916	2,916
		£5,041	£5,041

This comprises the curate's house at 28 Aslett Street, London SW18. It is let as investment property.

Page 6

ST ANNE'S with ST FAITH'S WANDSWORTH

NOTES TO THE FINANCIAL STATEMENTS (continued) for the year ended 31 December 2022

7 FUNDS Unrestricted General Fund Repairs Fund Restricted Pepperpot Campaign Endowment Funds Carolyn Baldry Memorial Fund Garratt Lane Infants School Stephens Bequest DE Brooking Fund	2021 2022 £ £ 71,542 74,970 7,928 7,930 79,470 82,900 7,246 7,486 2,399 2,430 3,135 3,148 5,261 5,440 1,458 1,477 12,253 12,495 £98,969 £102,881

Page 7

Independent Examiner’s Report to the PCC of St Anne’s Church Wandsworth

This report on the accounts of the PCC for the year ended 31 December 2022, which are set out on pages 1 to 7, is in respect of an examination carried out under the Church Accounting Regulations 2006 (‘the Regulations’) and s.43 of the Charities Act 1993 (‘the Act’).

Respective responsibilities of the PCC and the examiner

As members of the PCC you are responsible for the preparation of the accounts; you consider that the audit requirement of Regulations and section 43(2) of the Act do not apply. It is my responsibility to issue this report on those accounts in accordance with the terms of the Regulations.

Basis of this report

My examination was carried out in accordance with the General Directions given by the Charity Commission under section 43(7)(b) of the Act and to be found in the Church guidance, 2006 edition, issued by the Finance Division of the Archbishops’ Council. That examination includes a review of the accounting records kept by the PCC and a comparison of the accounts with those records. It also includes considering any unusual items or disclosures in the accounts and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the view given by the accounts.

Independent examiner’s statement

In connection with my examination, no matter has come to my attention:

1. Which gives me reasonable cause to believe that in any material respect the requirements

To keep accounting records in accordance with Section 41 of the Act; and
To prepare accounts which accord with the accounting records and comply with the requirements of the Act and the Regulations have not been met; or

2. To which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

David Mel Zuydam F.C.A. The Bridge House Adderbury Oxfordshire OX17 3EW

Independent Examiner’s Report to the PCC of St Anne’s Church Wandsworth

Respective responsibilities of the PCC and the examiner

Basis of this report

Independent examiner’s statement

In connection with my examination, no matter has come to my attention:

1. Which gives me reasonable cause to believe that in any material respect the requirements

To keep accounting records in accordance with Section 41 of the Act; and
To prepare accounts which accord with the accounting records and comply with the requirements of the Act and the Regulations have not been met; or

2. To which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

David Mel Zuydam F.C.A. The Bridge House Adderbury Oxfordshire OX17 3EW