2023-12-31-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 between 9-11am. 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.

In 2023 we also started to lead Godly Play Sessions. Godly Play is an approach to bible story telling that fosters curiosity and exploration. It begins with children’s innate sense of the presence of God. It offers Christian language as a support for their ongoing spiritual formation. It teaches a process that aims to promote an inner working model for life-long learning.

Additional church services happen throughout the year to mark the feasts of the Christian Year (Advent, Lent, Corpus Christi, Harvest, Remembrance Sunday 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: St Faith’s and St Anne’s CofE Primary Schools. In addition, we have thriving links with the Anglo Portuguese School, Allfarthing and Swaffield primary schools. All residing in our parish.

We have good links with various charitable organisations: Wandsworth Homestart, Glass Doors, the chaplaincy at HMP Wandsworth and the Foodbank at St Andrews, Earlsfield. We have bimonthly community lunches where we bring people (old and young) from the local community together over a meal. The current invitations reach over 50 people. 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. This has become a hub for the community to meet.

Our Community pantry (located in the church) is open on a Monday. It is there to support the local community, no matter of status or church affiliation. Our local school support this with food donations.

Christmas was celebrated with a Carol Service, two nativity plays and services on Christmas Eve and Christmas Day.

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. The church is used for the coffee morning, toddlers group, food pantry, Godly Play sessions, 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.

The hall is by theatre groups, ballet and afternoon clubs, Pilates and various exercise groups. It is also use for interfaith work.

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 between 9-10 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 2023 are:

Incumbent (ex officio)

The Revd Cécile Schnyder

Churchwardens

Clare Howarth Karen Mayne

Deanery Synod Members

Charles Mathiesen David Downs 1 vacancy

PCC members

Margaret Davies Katharine Geary Duncan Faulkner Clare Groves Julie Harrison Richard Hutchinson

Andrew MacIntosh Jennifer Ripley Stephanie Schlingensiepen Marion Trelawny Liz Turner Linda April

ST ANNE'S with ST FAITH'S WANDSWORTH

Annual Report and Financial Statements

of the

Parochial Church Council

For the year ended 31 December 2023

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 STATEMENT OF FINANCIAL ACTIVITIES WANDSWORTH

for the year ended 31 December 2023

Unrestricted Funds Note £ INCOMING RESOURCES 2,4&5 Incoming resources from donors 50,397 Other voluntary income 8,380 Income from operating activities 96,200 Gross income from fund raising 8,417 Income from investments 26,697 TOTAL INCOMING RESOURCES 190,092 RESOURCES EXPENDED 3&4 Costs of generating funds 3,199 Charitable giving 4,580 Directly relating to the work of the church 174,009 Church management and administration 12,599 TOTAL RESOURCES EXPENDED 194,387 NET INCOMING / (OUTGOING) RESOURCES (4,295) TRANSFERS Gross transfers between funds - in 7,740 Gross transfers between funds - out (7,740) GAINS / (LOSSES) ON INVESTMENTS - NET MOVEMENT IN FUNDS (4,295) BALANCES BROUGHT FORWARD AT 1 JANUARY 74,927 BALANCES CARRIED FORWARD AT 31 DECEMBER 70,632	Designated Funds £ - - - - 6 6 - - - - - 6 7,740 (7,740) - 6 7,930 7,936	Restricted Funds £ - - - - 60 60 - - - - - 60 - - - 60 7,486 7,546	Endowment Funds £ - - - - 388 388 - - - - - 388 - - - 388 12,495 12,883	2023 2022 £ £ 50,397 45,245 8,380 3,573 96,200 89,184 8,417 1,619 27,151 26,927 Total Funds
				190,546 166,548
				3,199 1,370 4,580 1,493 174,009 148,850 12,599 10,965
				194,387 162,678
				(3,841) 3,870 15,479 - (15,479) - - -
				(3,841) 3,870 102,838 98,969
				98,997 102,881

Page 1

ST ANNE'S with ST FAITH'S WANDSWORTH

BALANCE SHEET at 31 December 2023

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	2023 £ 1,124 5,041 6,165 8,118 50,863 7,740 18,576 7,536 84,715 92,833 £98,997 70,632 7,936 7,546 12,883 £98,997	2022 £ 1,124 5,041
		6,165
		7,722 55,003 7,740 18,734 7,476
		88,952
		96,674
		£102,838
		74,927 7,930 7,486 12,495
		£102,838

Approved by the PCC on 20th February 2024 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 2023

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 2023

2 INCOMING RESOURCES

Fund

Unrestricted £ 24,557 6,151 1,485 10,141 5,791 2,272	Designated £ - - - - - -	Restricted £ - - - - - -	Endowment £ - - - - - -
50,397	-	-	-
8,380 -	- -	- -	- -
8,380	-	-	-
5,799 23,741 44,619 4,700 - 14,300 1,292 685 1,064	- - - - - - -	- - - - - - -	- - - - - - -
96,200	-	-	-
6,553 575 1,290	- - -	- - -	- - -
8,417	-	-	-
73 26,624	6 -	60 -	388 -
26,697	6	60	388

£190,092	£6	£60	£388

Page 4

ST ANNE'S with ST FAITH'S WANDSWORTH

NOTES TO THE FINANCIAL STATEMENTS (continued) for the year ended 31 December 2023

3 RESOURCES USED

Unrestricted £ 3(a) Charitable giving Church charities 4,580 Secular charities - 4,580 3(b) Directly relating to the work of the church Ministry: Diocesan quota 84,000 clergy expenses 2,066 Church : running expenses 10,790 maintenance 3,622 upkeep of services 9,074 development - Sunday School Resources 120 Publicity 316 Property costs: Hall 10,044 28 Aslett St. 5,898 Repairs: Church 539 Hall - 28 Aslett St. 5,737 Utilities (Gas, Electricity, Water) 41,445 Other fee payments 360 Miscellaneous expenditure - 174,009 3(c) Costs of generating funds Summer Fair 1,917 Traidcraft 63 Other events - 100 Club 569 Refreshments 650 3,199 3(d) Church management and administration Administration 12,136 Bank charges 463 12,599 TOTAL EXPENDED 194,387 NET INCOMING/(OUTGOING) RESOURCES BEFORE TRANSFERS (4,295) 3(e) TRANSFERS BETWEEN FUNDS Investment and property income - NET INCOMING/(OUTGOING) RESOURCES (£4,295)	Designated Restricted £ £ - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - 6 60 - - £6 £60 Fund	Endowment £ - - - - - - - - - - - - - - - - - - - - - - - - - - - - - 388 - £388	2023 2022 £ £ 4,580 1,493 - - Total Funds	2023 2022 £ £ 4,580 1,493 - - Total Funds
			4,580	1,493
			84,000 2,066 10,790 3,622 9,074 - 120 316 10,044 5,898 539 - 5,737 41,445 360 -	82,000 1,262 1,022 1,435 9,571 8,253 - 1,502 8,690 5,996 912 - 831 17,795 680 -
			174,009	139,950
			1,917 63 - 569 650	- 785 - 490 96
			3,199	1,370
			12,136 463	10,557 407
			12,599	10,965

			194,387	162,677
			(3,841) -	3,914 -
			(£3,841)	£3,914

Page 5

ST ANNE'S with ST FAITH'S WANDSWORTH

NOTES TO THE FINANCIAL STATEMENTS (continued) for the year ended 31 December 2023

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	2023 £ 60 60 - - £0	2022 £ 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 2023	Income from investments £ 78 47 33 230 £388	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

		2023	2022
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.
		2023	2022
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 2023

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	2023 2022 £ £ 70,632 74,970 7,936 7,930 78,568 82,900 7,546 7,486 2,508 2,430 3,181 3,148 5,669 5,440 1,524 1,477 12,883 12,495 £98,997 £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 2023, 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.

==> picture [91 x 33] intentionally omitted <==

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.

==> picture [90 x 33] intentionally omitted <==

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