ST. LUKE'S OSENEY CRESCENT PCC
Report and Accounts
year ended 31 December 2020
stewardship"
1 Lamb'sPassage LONDON EC1Y 8AB
1.. 020& 502 56fXI
e.. w￿reS@s18￿¥￿thp.wg.Uk
w". vthw.sknardshy org uk

IUKVS OSENEYCRESCENT PCC
FCIITHEYEAR ENDED 31 DECEPABER ZOIO
¢F￿R[ly INFORMATION
Member5 01 the Parothial Churth C4WMII
Incufflbefit and thairman=
The Revefend March
C￿[ch warden..
*uk¥en Philpot Ire5igr*d 22 No*mber 20201
8ethèn Sad￿1 lappoinied 22 No¥ember 20201
d Waikinsty)
TTea5urer'.
R￿Sell Parsons
OthÈr members:
Simefyi c3s￿e lapwmnted 22 November 20201
Kaisen Cheung Ireele¢ted 22 NO￿rn￿r 20201
Oawd Cwke lapwnted 22 November 20201
Simon Cwrt
I￿ra t*wne
Petef E￿￿fiS
Mandy Frani Iresi8ned 22 No*mber 20201
Janre Gitten5 Ire5i8ned 22 November 20201
El* Gordon {resw￿d 22 Novomber 20201
NKo* Adeney Jones13pw)inted 22 November 2020
Jasmkne (appointed 22 No¥embei 20201
Luty Parker (rese￿d 22 fiovember 20201
Rupe5h Patsi
Christ0p￿r Philwt
Bethan Sadlei (res￿ne￿ 22 November 20201
JenrtyWye13pyxnted 22 NLv¥ember 20201
Chartty ReBlstratlon NurnbEr
1145026
Prfndpal Addr
St. Luke's Parsh Office
7 Do*ylneyCb)se
NW5 28P
IDdeperbdent Examiner
Ajay Raiani FCIE
Stewafdthp
l Lamb's Passa8e
Londc•)
ECIYBA8
Bankers
HSBC LIK Bank pk
Pase
Charity Information
Annual RÈW>rt ofthÈ Membetsofthe ParKh"althurch Count
Independent Examiner'5 Rep
Statementof Fir0￿￿71 ActIwt￿S
BakrKe Sheet
Motes to the Accwnts
Detèiled Statemenl of FinanaalActpths ￿ CthnparatNes
9-17
18
Pa98 1

ST WKES OSENEY CRESCENT PCC
ANNUAL REPQRTOF THE MEMBERS OF ThE PAROCIIIAL CHURai COUNCIL
FOR THE YEAR ENDED 31 OECEM8ER 2020
The Members of the PaTochial Chvrch CourKil IPCC) have p*asure in presenting their report together with the
financial siaiements for the yearendeil 31 DecembeT 2020.
Oblects of tht C￿rity
The charity is responsible for co-ope¥ating with the IncumbenL In pronM)ting in the ecclesiostical parish, the whole
mission of the Church be it pastoral. evangelistic. %Kial or ecumenical. The PCC is also responsible for maintaining
certain church property situated within the parish. name￿ the ¢hurch building at 05eney Crescent and the
vicarage.
Vlsitin
The Vision at St Luke's is to be cent￿d0￿ Jesus. trnnsfoTmingcofflmuThities. one life at a time.
Summary of the charl￿5 main acti￿tIeS and athie¥ements
We are. first and foremosL extremety grateful io God for His contyfiued faithfulne55 aThd ble55ings to us in 2020
3mid5t the numerous dlfflculties and challenges arising from the COVID-19 pandemic. Our plans at the 5tsrt 01 the
year were punchy. with a punchy btrdget needed to make them realty. The pandemic bro￿ht total upheav31 ol all
our usual artwitie5 and budget. and signifKant uncertainty fw our financial futu￿. However, at the end of the
year, we can Stand and say that God has been faithful. provlding for our needs and brinBing new life out of the
tumults of the year.
ThrO￿&h￿t ihe difficult tITCury￿ts￿Ce5 of 2020. people have been so generous with thelr tlme. money and
relationships. We a￿ so Rrateful io everyone who continued to give to St Luke's.. whether time or money, whether
¥egular attendees of our 8atherinRS orfriends frorn lurther ofbeld. Thank you.
We take very seriously the stewardship of our financial resource5. Because of God's laithfulThess. the generosity ol
all those who gtve and the careful stewardship of our fund% Sor￿ of the thin85 we have been able to do this year
are as follows..
The worshipping and community lrfe of the church ha5 continued to thrNe. e¥en Into the first lockdown when we
shifted our ministries online ovemighl. ThroL¥h the rapi¢J atlaptation to live broadcasting by staff and volunteers
and the support of the ¢ongTegation. we have succe55fulfy 5treamed'Church at Home, worshtp services on Sundays
throughout 2020. In addition. in an effort to increase personal conThertion OTh Sundays and to provide stablllty in a
changing landscape. in the auturnn we Set up Sunday Cells- small groups of 6-10 meeting OTh SuTrdays over zoom
to worshSp. pray. discuss and minister to each othef using the pie-recorded Sunday content.
In response to the first fockthjwn. we 9￿￿k￿ set up a volunteer communty supwrt network to ensure thai
tho* facin8 added challenges due the pandemic were being cared for. In this way our Ihurch supported over 100
individuals and families through delivering grocer￿$. phone calls. prayer. tech assistance, walks, lettei writin&
baking and rnore.
We establlshed a new weekly routine of praying together on Z¢)om as another point of connection in the week.
and these Prayer Beacons were attefided faithful￿ ihroL¥h the yea¥_ We also started a new initiative called Holy
Spirit Hour- a monthly worship gatherin8 to pitsvide a space for anyone who wanted an hour to worship. pray and
listen to God with others.
• We ran ￿pha ctsur5e5 for those inteie5ted in exploring Christianrty for almost the whole year. at tlmes with new
courses starting every few weeks. Many people who carr* on these courses were then plvBged into a Svnday Cell
and became a part of OUT church.
Pag8 2

ST LUKE5 1)5ENEY cRE5￿￿T PCC
ANNUAL REPORT OF THE MEMBÉRSOF THE PAROCHIAL OIUROI COUNCIL CONTNUED
Summary ol the charity's main ￿ti￿leS and achle¥ements Conti￿ed
Hubs. our midweek small gTOUPS, a vital point of coTrnectbon. discipkship and support foi 50 manv
throughoul the initial rtages of the pandemic. These were replaced by StsThday Cells in the auturnn.
We prov*ded bespoke online content for oui Ihildren & families- 'Little Luke's Online.
io provide support lor
their faith whilst facing the challenges of life and learnlng at home. We ran a Parenting for Faith c(yJrse to provide
tLK115 for pa¥ent5 111 Iiurturing their children's walkst*th Jesv5.
In the autumn we established the'st Luke'5 WeeV- a weekly rhythm of ￿KUlar act￿r(￿S to help people engage
wth their own walk with Jesu5 in way5 that they found helpful. A particular success ITr this was'Dig Deeperf. a Iwe
conversation each week betvEell the vitar and a theokjgian. 801Tr8 deeper into the bible passage covered on
Sund8y.
For Christmas we delivered (kizens of p￿sents and Chri#mas meals to vulnerable members of our community,
and held our first open-air Caiols on ihe C￿￿efftt seThfice on the street outside the church. Chrstmas 5ervice5
were a moment of light and joy in what was a dark and diffkvlt winter.
¥ Finalty, we wekomed Natasha Beckles a new Curate. lo our staff team in the 5umrTEr.
For a more comprehensNe outjine of oui attmues, p￿ase do our 2020 Annual Repor¢ available on our
web51te or on request.
A5 we l(M)k ahead to 2021 and a new future for our church. a￿ full of anticipatiN for what God has planned us
and how he wants to use us io reach out with His l(ft4e.
Thank you $0 much agaln toeveryoTre who enables us to do what we dol
The Trustee5 have cornplied wtth the duty io ha* due regard to the public benefit 8uidan£e published by the
Charity Cornmi55i0n.
struc￿re Governance and Management
The charity 15 registered with the Chartty Comrnission and operates under the Charities Act 2011. The governing
documents for the charity are the Parochial Church Councils IPowersl Measure 1956 las amendedl and the Church
Representation RU￿5.
The appointment of PCC members is governed by. and set OLrt in. the Church Rewesentatw)n Rules. The PCC
comprises ex-officio members IwhKh includes cler8y and churchwarden51, Èlorted mem￿rS and co-opted
members. The PCC organise elect￿n5 annually 1*fO￿ the Annual Parothial Church Meetlng IAPCMI to fill
vacancies. The ￿￿rnber5 of the PCC are the charity'strustees fof the purposes of charity law.
Responsibil¢ty for setting policy and for determining the parameters within which the charity should operate rests
th the PCC who meet regulaTty to rTh)nitor the artNities of the charity. Res￿n￿bilIty the day to day
operation of the chaTity has been de￿gated to a management team led by the incumbefit.
With regard to the PCC'S obligation5 to safeguard (hild￿n and vulnerable adL*lts. the meM￿r$ ol the PCC confirm
that they have complied with their LIut￿5 under settion 5 of the Sèfeguarding and Clergy Discipline Measure 2016.
Page 3

ST WKES OSENEY cRE￿ENT PCC
ANNUAL REPORT OF THE MEMBERS OF THE PAROCHIAL CHVRQf COUNCIL CONTNUED
Flnan(ial review
Durin8 the year incorne increased by £27.445. to £463,540.- Ihis was largely due io increases In giving from church
metnber5 who have 50wn generously into the work of the PCQ Expenditure fell by £75.986 to É386.486., this was
largely due to a reduction in expenditure on rna1￿ Tepai¥s and improvements to church property 1£72,3661. a
eeneral reduction in expenditvre attributoble principally to the outbreak of COVID-191£38.6431 but these savings
were offset. in part. by an increase in employment costs1£35,0231. A5 a result. this year the PCC has reported
surplus 01 £77,05412019.' a def￿1t of £26,377). The PCC'S rbet a55ets have increased by £77.054 to £278,732., this
Includes net current assetsof É270.781. of whith £267.854 is UTh￿$tr￿ted.
In the previous year the statu5 of St Luke's was changed from belng part Common fijnd and part Local￿ Supported
Minister to being lully on the Commn Fund. This year the PCC paid the full Parish Standard Cost. which was
£86,200.
Reserves pollcy
The PCC recognises rhe need to hold free ￿SeThe5 $0 that the PCC can protect its core activilies should there be
shortfalls in income and to promote balanced ￿rateg￿ plannin8. The t¥vslees deline free reserves a5 being
unrestricted and undesi8nated net current assets.
The trusrees aim io hold reserves equal to no less tharb three rry)nths' projected operating expenses excluding
grants made. which equates to appr0xlrnale￿ £95.000. At the year end free reserves amounted to £161,319 and
the PCC is holding more than the stated minimum. The PCC expect5 to Use some of the ex£e55 in 2021 to further
It's vlslon.
Kty risks and uncertainties
The charity is exposed to various risks- be they ok*ratK)nal. financial or rÈpulational. The PCC ￿vIeW the charity's
actniities regulady to identify and monitor Swdnificant risks and. where p0s￿bIe. they lake appropriate measures to
mitigate those risk5.
CovSd.19
In March 2020 the PCC took nEa5LITe5 lin line with governr￿nt advice and legislationl to help contain the
nationwide tsutbreak ol COVID-19. Thi5 included the ternkK)rary suspension of all physical gatherings and the PCC
had to curtail, or change. how it operated- the PCC wo5 able to continue many of its actNities usin8 on-line media.
The PCC hès been rrK)nitorin8 income and expenditure and has taken ￿aSure5 to mitl8ate the impact of COVID.19
on the PCC'S free reseThfes. t)vring 2020 some staff We￿ put tsn fuTlough and St Luke's received governrnent
funding for this. With the end of the fvrlough scheft* approaching in (ktober. in September the PCC entered into
staff restructuring process in which four roles We￿ placerf at risk of redundancy. A consultation period took place
in which staff and congregation members wefe able to pfovide feedback on the PCC'S restructursn8 proposal.
When the extension to the furlough scheme was announced. the staff at risk wefe off@red an opwjrtunity to feturn
on part-t1￿￿ furlough. but ultlmately Ehree siaff opted for voluntary ￿dundan¢y. Afound this time one other staff
member also moved on. The charity ended the year ihree eM￿0V￿.
Quinquennial in$ptrtion
The next quinquenni31 inspection is due in 2021 and. or￿e the results of the Inspettion have been recefved. the
PCC wtll deci(le on the work that [￿e￿5 to vndertaken.
P￿4

ST LUKE5 05ENEY cRE$￿￿T PCC
ANNUAL REPORTOF THE MEMBERS OF THE PAROOIIAL fJiuflCH COUNCIL CONTNUED
Plans forthe future
In the new financial year we will continue to exp￿￿ how we can best serve n￿MberS ol the church and the ILKal
community during lockdown. We aTe a150 exploring how we can F*st pufsue our vision a5 we emerge frorn
lockdown. We also inlend to re<ommence work to repair and improve church property and p￿n to upgrade audio
visual equipffEnt.
statement of ResponslbllFtles of the Members of the Pzrochlal (I￿rth Coundl
The PCC is re5p)tssible for p￿paring the AnTrval Rep)rt and the financial stateTr£nts in accoidance with appllcable
law and Uniied Kingdom Accounting Standards Iunited King¢A)m General￿knepted A￿oUntIng Prarticel.
Ch6rpty law requiies the PCC to prepare financial statewEnts for each financial year which give a tr￿ and fair ￿eW
of the state of the affairs ol the charity as at the balaThce Sheet date and of its incotning resources and application
of resources for the financial year. In preparin8 the5elinarKkil statementy the PCC are required to..
l. select suitsble accounting p)lit*sand apptythem consistentlv-
2. observe the m￿th(￿S and prinCip￿S in the Charities SORP..
ke judKen*nts and èsiimètes thai are reasonable and prudent-
4. slate whether the applicab￿ accouThting standards have been f(Ak)wed. subject to any material departures
disclosed and explalned in the h"nancial statements.. and
S. prepare the financrdl 5taterrEnts On a goinÉ concern bags unless ft Is inapproprfate to presvme that the charity
will continue in 0￿ratiOn.
The PCC is o5ponsible fr*r keeping proFer accountlng records that disclose with reasonable accuracy at any time
the financial pos￿￿K)n of ihe chariiy and enable them to ensure that the financial 5tatem@nts comply with the
Charltles Act 2011 and the Charity IAccount5 and ReFK>rtsl ReRUIat￿S 2¢M)8. ThÈy are also responsible for
safeguarding the assets of the charity and hence foi taking ￿asOnab￿ steps lor the preventlon and detection of
Iraud and other irregulaiities.
Approval
This report was approved bv
e PCC and signed on their behalf bv=
Rev'd Jon March
. Zf_04-2oXZOLI
Pa9e 5

INDEPENOEP4T EXAMINER'S REPORT
TO THE MEMBERS OF THE PAROCHIAL CHURCH COUNCIL OF
5T LUKE'5 OSENEY CRESCENT PCC
I'the Charity'l
I report to the membefs of the PCC (who are also the charity's trvsteesl on my examination ol the
accounts of the Charity lor the year ended 31 December 2020 on pa8es 7 to 18 followin& which have
been prepared on the basis ol the accounting policies set out on pa8es 9 ènd 10.
Ilesponslbllltles and basls of report
As members of the PCC you ale responsible for the preparation ol the accounts in accordance with the
requirements of ihe Charities Aci 20111.the Act'l.
I report in iespect of my examination of the Ch3riWs accounts c3rried out undei Section 145 of the Act
and in carrying out my examination I have followed all the applicabSe Directions given by the Charity
Commission under section 14515llbl of the ACL
Independent examlnerfs statement
Since the ChariWs gross Income exceeded £250.OW your examiner must be a member of a bo(ty listed
in section 145 01 the 2011 Act. I confirm that l am qualified to undertake the examination because l am a
Fellow ol the A5$0ciatson of Charity Independent Examiners, which is one of the listed bodies.
I have completed my examination. I confirm that no matters have come to my attention in connection
with the examinatbon 8NinB me cause to believe..
l. accounting rewrds were not kept in respert of the Charity as reqtsired by section 130 of the Act.. or
2. the accounts do not accord with those record5.' or
3. the accounts do not comply with the applicable requirements concemin8 the form and content of
accounts set out in the Charities (Accounts and Reports) Regulations 2CI)8 other than any requirement
that the accounts give a 'true and fair. view whith is not a rnatter considered as part of an independent
examination.
I have no concerns and have come across no othef matters in eonnection with the examination to which
attention should be drawn in this report in ordei to enable a proper understanding of the account5 to be
reached.
Ajay Rajani FCIE
Fellow of the Association of Charity Independent Examiners
Stewardship
l Lamb's Passage
London
ECIY 8AB
23 August 2021
P*Jè 6

ST LUKE5 OSENEV OIESCENT PCC
STATEMEp￿oF FINANaALAcnvmÉs
FOR THE YEAR ENDED 31 DECEMBER 2020
T￿al
Funds
2020
Total
Funds
2019
Llnrestricted
Funds
Restritted
Funds
Note
INCOME AND ENDOWMEP4TS FROM:
Donation5 and legacies
Charitable activities
Other tradin8 activities:
Contract for placement of aerial
Bank interest receivable
402.174
43.441
445.615
403,445
18.315
14.3
14.3C
16
14,3(K>
35
16
Total income and endowments
420.099
43.441
463.$40
436,095
EXPENDITURE ON:
Charitable aufvilies:
343.016
43.470
386,486
462.472
Total expenditure
343.016
43.470
386.486
462.472
Net Income
77,083
1291
77.054
126,3771
Transfers between fund$
13
moveN*nt in funds
77.083
1291
77.OS4
126.3771
Reconciliation of fvnds-
Total funds brou8ht forward
198.722
2.956
201.678
228.055
Total funds cathed fO￿ard
13
275.805
2.927
278.732
201.678
The staremenl of financial actiwties include5 all Bains and losses ￿(￿nISed in ihe year.
All income and expenditure derive fmm continving operations.
The notes on page 9-18 forni part ofthe5e accounts.
P&3e 7

ST LUKE'S OSENEY CRESCENr pcc
BALANCE SHE
AS AT 31 DECEMBER 2020
Total
Funds
2020
Total
Fvnds
2019
Unrestr￿ed
Funds
Restritted
Funds
Note
FIXED ASSETS
Tan8ible asset5
26.351
26,351
30.695
26.351
26.351
30,695
CURRENT ASSErs
Debtors
Cash at bank and in hand
10.740
266,891
10,740
269,818
34.518
143,685
2.927
277,631
2.927
280.558
178,203
CREDITORS.. Amounts falling
due wlthln one year
io
19,7771
19.7771
17,2201
Net current assets
267,854
2.927
270.781
170,983
Total assets less Current liabilitie5
294.205
2.927
297.132
201,678
CREDITORS- Amounts falltng due
after more ihan one year
li
118.4lC(II
I￿,4(K)I
TOTAL A55Ers
275,805
2.927
278.732
201,678
FUND BALANCES
Unrestricted Funds
General funds
Designated funds
Restflcted Fund5
13
161.319
114.486
161.319
114.486
2,927
126.392
72.330
2,956
2.927
275.805
2.927
278.732
201,678
The linancsal statements were approved by the members of the PaT(thial Church Council and were signed on
its behalf bv..
Rwd Jon March
Date
The notes on page 9-18 forwn part of these accounts.
PaJe 8

ST 05ENEY CRESCEiir pcc
NOTESTOTHE ACCOUIIWS
FOR THEYEAR ENOED 310ECEMBER 2020
ststutory lrtlorniatbon
The ParochK)I Church Councsl of St Luke5 05enEy CrexEni ts a thaiity re8iStered in £n￿and & Wales. The charity's re8lstered
numberand principal adoSrÈ55 can be lound the InforMat￿n page.
ActounUn8 Pollcle5
These financial statements a￿ wep3red a eoin8crtntern ba￿5. ￿Trder the hi5ttiital cost converfk)n. The financial 5tatement5
include all actwifies foi whKh the PCC 15 12galty re5wnsible.' the artmties of infom￿1 8athefMigs ol chwch members ènd 8rotyps
that Owe their main aftiliation to another iKNly and ale excluded.
These financial st3tements have been prEpared in accordar￿e ¥bith The Ihurch Accourrtint R£gthations ZQ)6. the 'Statement of
Recommended Pra¢ti¢e= A¢couniin8 and Reporti￿ by Charit￿5 prtp•rin8 attounis in accordance wilh the Financ￿1
Reporting Standard applKabk in the UK and Republ￿ of Ir¢￿Thd IFRS 1021, 1.the Charit￿5 Softfl, with the Fina￿111 Reportin8
Standard appli<able ID the United Kin8dom and Re￿￿4[ ol IreLind l-Fft$ 102.1 and with the Chaiities Act 2011. The charity
meets the definrf(ion of a publK benefrtentity a55et OLrt w FRS 102.
The Charitie5 (Accounts and Reptyul Re8ulaiion5 Ithe '2￿ fteRui3t*)ns'l requlres charities Eo prepare their accounts in
attordance Vjlth 'Accouritin8 and Repornn8 by Charilies-. siaiw)èrit of Recommended Practice effe(t￿e from J April 2(X)5' but
this accounting 5tandar(I has since been ￿thdrawn and has beeTr wlaced by the tharit*s SORP meniioned in the preceding
paragraph. The charrty h35 prepared these finanoèl statel￿rtts In accordante with ihe new ChatTties SORP.. this departure from
the 2(M)8 Reg￿l￿tron5 15 beleved to be necessary forthese financial 5tatement5 togive a'true and fair vie￿.
The principles adopted in the Off￿ fiftancial siatementsareset out bEIow.
The PCC ha￿ a55es*d whether ￿ use of ihe 8oin8 concern basis s approprfate and have cO￿￿dered p055ible events or
conditK)ns that mi8ht tast s￿nIf￿aM doubi on the ability ol ihe tharity to Conlin￿ as 3 80in8 con￿rn. ThE PCC havt made rhis
3ssessmÈni for a per￿ ol al ￿351 one )*ai from ihe dale of approval of the financkil 5talenb*bts. In partituL4r ihe PCC have
COll5idered the thaiity's forecasts and proieciiLW5 PDs>I* iM￿￿all¢￿)s should projected Income and l oi expernditure
¥ary unexpectedly. The PCC have concluded thal there is a reasonab￿ exppdatth thai the tharity has adequate re50urce5 to
continue to operare for ihe l0re5eea￿È future. The thatity therefore toniinues to adopt the going concern ba515 in prtp•rin8 its
financial sratemeThts. In makiTrgtlw'5 a55e55n*nt Ffc has constyjered how cov1￿19 rn￿t alfert ¢hetharity's loretasts.
bl Income
Income Iwhich includes planned (oUectK5Tr5aDd other (k)h•tionsl ts re¢o8nised in Èhe perhid in which the Ihatity becomes
entitled to receip¢ the amDvnt {eCe￿¥￿￿ tan be n*asuied reasonablE certainty. receipt is probable. For the most part
incomE 15 geDerally recognised when it is recw¥ed by. or i*haV ol. Ihe PCC. Income is onW deferred when the Iharity has ro
fulfil tondlllons before becomin8 entit￿LI to rf¢ w whÈrÈ thè th)nN has specIf￿d ihat the intome is to ￿ expended in a fuiure
perhld.
Intome from donations indudes re¢o¥eraWe eift aK1. whKh is reco8nised when thè Telated is recthd. Gifv aid that ha5
not been let0ve￿d by Ihe b3Lince sheei da￿ 15 ￿cludEd a5a dEblOr.
Income from chartsble actNrf¢ies ￿Presents incomE receivab￿ from go(rtts. servtes and kn11t￿ ￿pplied in furtherance of the
harity'5 charFtable objeas. tt indudes irKorne from con1t￿e$ and events and the kttin8 of the chufch's la¢ili¢ies foi thE
benefit of the local coffffiunity.
ThÈ Charity relies on ￿lunteerS to tsrry mèny of its Howe¥er, in KcordaKe ￿th the SORP, the va￿e ol these
Services has not been included in these financL41 statementsast1￿ca￿￿Dt bE reliabfy measured.
fxpendilvre. includin8 irrecoverable VAT. is retogni￿ is irKurred or, il earfier, when a le￿1 orConS¢r￿IYe obligation foi
payment arise5 provided thai rf¢ is WObab￿ that settlement ¥MII ￿ Tequ*ed an￿￿nI of the obfvdation can be measured
Pag89

ST LI)MES OSEFIEY CAESCENTPCC
F•JTESTOIHEAccixIFirs
FI)R THE YEAR ENDE031 C*CEMbER 2020
nditure£ontin
Contribut10Tr5 in respect ol the d￿e$art parish share ate irfludeLI in the Ststement of financial A(tMtie5 for all arnounts agreed
io beiF)g p•y3ble for the year. *￿VrO￿trib￿￿)n5 that ha¥t r•OI been Pa￿ ¢)¥er ￿￿year￿￿ ats ittcluded as a treditor.
The charity makes 8rantS LO Olkn iristit￿￿)Ns and indrrfidua15 to further it5 oWtP4es. Grants payable are recognised
5 constructNe obligation5 arise. which is eeneralty v4hen the ¢harity Expre55e5 a commitment lo the reCip￿nt that can be
measured reliawy and the￿ to the ethni that any conditwjns aS￿l•led with the erant are ovtside of the control of the
chariry.
dl Fund accountin
Gefieral funds are U￿reStrI￿e0 funds whKh are a¥adaWe for use at the dwetion of ihe VCC furtherance of the general
Object￿e$ of ¢he charity. Designated lund5 CLwrise unresiricted fvhds that have beery set asKle by the PCC for particukr
purposes. Restr￿ted funds are donat￿05 which are to be used in acCOrdar￿ with speclfK re#rktions Impo￿ by donor5,' they
include donations recewed from aP￿31$fO1 proiEct5.
ible fixed as5etS
con5ecTr¢￿ and beneficed pro￿rtY is not included ITh ihese financ￿1 slate￿￿1$ wrtue of S.1￿2) of thp Clarities Aci 2011.
All expenditure oh consttrated or beneficed btrildings ￿ written olf in the ffar in wh￿h il is incurred_
MOv•￿t churth furnishinB5 held by the incthnbent and (h￿r¢hWardenS on swial trust fof thE PCC and whKh require a faculty
lor dlsposal ale c3Pbtallsed in attoidarKe with the PDIKY Set oth below. These items are rÈgarded as inal*Aable pro¢erty are
I￿ted In the chuich's in¥eniory which Can t* ins*cted at any feasonable time. Inalienable property atqulred wlor 10 2rD) has
not been tapitali5ed as there is insuffx￿nI cost infoimaiioti av•Lable.
Items purchased or donaied for ￿ charitys vse are <ap¥tali5ed when the c05t of purchased items. or the fair value of
don3red items. is thars £l.(iX) and ihe item is expeaed to benefit ihe tharlty over more thah one èCCOUDting period.
tyepreciaihin ¢5 chaf8ed on a sir3i8ht line basis $0 as to write down Ihe value ol each asset to its e5tim31ed resklual ¥aluÈ Iir any)
ovw itsexperted useful econombc lile. To ach￿ this obietiwe Ihe fo&)winÈrate5 of t￿lat￿Tr aretharged..
FvAiu<es, fittin8sand equ1pn￿nt
Ihef 3 to Ioyears
ThÈ carryin8 Values of tan81￿ ftted assets are lor im￿lm￿￿ in periods event5 or changes in circumstances
ind￿al¢ that the ¢arryingvaluE may not be reco%vable.
Leased asset5
Lease5 which do not ttan5fer substantialty all the rls*s and iewards orow￿r$h1P to the charity are da55ified as operatin8 leases.
Operatin8 lease payrfwis ale recogn￿ed a5an expense on a stra￿hl-l1ne basi5 o¥er ihe *ase iemi.
rtsn
ements
The thafity operates defirted cOntribut￿n pen5iDn xhemes lor it5 empkiyees. 0￿18a110Th$ lor ¢oniributions to these schemes are
ecognised a5 an expense when Ihe liability arw. The 355et5 ol these schemEs are hekl 5epJraiety Irom those of the charity in
independentty administered fund
The tharify has taken advantage ol the various vel￿ts Irom waiA)n available 10 tharit*s and tax is payable OD the charity'5
iTrtome.
The charity's financial assets and finanrial lia￿"lit￿5 all qualrfy asbasit fmarrf￿l instruft*nts. astkfined FR$102. CrÈditor$ and
debtors are measured ai ￿1r expected SeitIe￿nI ￿a[￿e Inormally the amount of cash that the charhty expeas to pay
reteryel.
j) Exem
t￿n from
tashfl
The charrty has takenadTrranta8e ofan exemptthtonfetweLI trythe (haritiE5SOftP and not yepared a c35h flow sraiemenl.
s an¢J areas of-ud
ement
The members ol PCC do not Cons￿eT that tfvere any materiil Sources ol estunal￿n w Uncertainty ai the balance sheet date
that couw re5uh M a material adjusrmèni io ttr*tarrykn8vèl￿QI assets Iktibilitie5 in the next reporting period.
P42 10

sriuKfsosEiif* (J(ESCENrKc
FOR THEYEAA ÈIIDED31 DECEMOER 1020
20b)
2019
Dona￿n5 ofca5h awj similar
Grants re¢ewable
Income tax recO￿rable
Governffleat BWaDts.'
Listed Places ol Worsh* Grani S￿￿rn
Job ftetentK￿ Stheme
328,871
286.682
56,982
42,872
7,08Z
31.0S4
445,615
I6.￿)9
403.445
Incomo from c￿rItable •ctIvI￿
2020
2019
Chur<h eveohts. tovtses and similar
Lettin8ib fvrtherance ol£haritaE4e tht￿5
11.146
7,169
18,315
1,065
Ch•rlt*le expehdltu
2020
2019
Costs Incurred dIreCtty(￿ clwjrth xtr¥iU
Parish sharE
Staff costs
Oergy & Ordina￿￿ accomwdaikN) costs
Oer8y & stamexpenses
Training costs
Mission & mh)isir*s
Church events & h05pitality
SunLltycosts
Expense5 forOkleT Peop￿.$
Staff costs
Other cos
86.2
107,881
3.028
1,628
1.248
10.385
8,498
2.33Z
73.%K)
75,937
3.430
5,777
4.684
17,766
23.918
7,462
42.765
1,366
265,331
39,686
B,14B
2￿.708
Cosis $uppgrt &admI￿StraI￿￿
thurch olke expen5e5
Office rent & ser¥￿e charye
Buildin8cleanin8 & small Tepairs
Major builditsg regatrs aÈkl w))wo¥ements
13.220
13.249
LO.(1)4
35.999
7.051
7.227
2,S82
14.082
12,S40
16,910
108.365
7,230
7,073
2,526
3,968
2MO
1,320
176,894
Insurance
Council tax
Dekyeciaiion
A(countS PTeparatK)n and examihatK)n
orher prolessK+Thal lees
2,662
99.218
Grants payable Imte 5¢)
21.937
24.870
386.486
461472
In addi(ion to the fees payablE lor the K*eparatth Wmination of the actOUn￿ ihe challty É1,027 12019: £L,07LI to
StewaTdship lor payroll Fwreau ahd consultarKyseThice
P•Je 11

ST LiIKfsoSEPIEyCPE￿EPlT PCC
NOTESTOThEACCOUNTS
FOR THE YEAR ENDED31 DECEMBER 2010
tharltable expen¢ntwe coniiN
Grants payable
Insti￿1￿)￿$
dNidua15
2020
Grnntsfor LIKand O¥EfseasThi55ion
Granisto help po￿ and marginalised yovTr8 peopk and chiklfen
Gran15 forthe relielof povertv
Grants to womote mental heatth
576
4,576
9,5S7
4,947
2.8S7
21.937
9557
4,755
192
2,857
3,625
18.312
In ihe previousyear ihe charity distribuiedgr3ntstota￿￿8£z4.81oas Idlm..
In5titutKin5
dividuals
2019
Granis lor UK and overseas missro
Gtant5 to help poor and maf8inali5edywn8 peopfe a￿l￿1k1[*
Gran¢$ lor Ihe feliel of povttty
14,020
5.250
24,870
14.020
5.250
24.870
Thechariws pftncipal io in5ttiutvJns Com￿se￿.
2020
2019
Fusion
Home for Good
ds Club K3mpa13
Re50urce Uganda
Tearfund
XLP
Other8fant5 indNidually k55 than £1,(
1.5Tr)
2,5
6.250
2,1(X)
8,750
3,750
5.250
1,770
18.312
24,870
Anatysls of $tsff ¢osts, ￿ ¢ostof key marb4emEni ￿rsOn￿lI and reThJ*raVon ot men*ersofthe PCC
2020
2019
Gros5 wages and saiaiies
Social secvrity
Pension costs
Conlrlbvt￿Ils towafd5 appfentreship
ia5.914
6,605
3.977
4,150
150.646
105.752
4.IlS
2,4C6
3,350
LIS.623
FollDwillg the outbTeak of COV11>19. ￿ PCC decHJed 10 luwkwth 5evewal members of staff. The PCC ieceived gra￿15 totallin
£31.054 from ihe 8overntY*nt'sJob Retention Scheme (see no* 31 ro help the on.8DN￿ Cost of ern￿O￿￿Kthe5e staff. The
net payroll cost. after deduciin8 ihese grants, is £119.592 12019.. £115.6231. In SepieTr&r the PCC voiÈd ro enter into a staff
restrutture proce55 ionsultathin period wrf(h foul placed at risk of redun¢Janty. Over the next cOu￿e of months ihe PCC
responded to thangif*g Governtt*rJl plan5.. In(tkil￿ the furlou8h scheme was goin8 to end. then the job Supwrt Scherne was
offered, then the lurlou6h scheme was extended. UllimJiety the PCC olfered all affected 5t3fl the opwtuniiy to return on part-
time Ivrt0￿gh, however, 3 opted forvolunt3ry redundanty. the othw Stsff fftEmbpr a150 ffloved OTr ￿ the autumn, and the chariry
ended Ihe year with 3 The ￿erage monthty n￿mtser of empknyees duiin8 year wa$ 6.7120L9.. 71. Most of the
tharrty'sactwities are(arr￿d otst b¥Yolunt*r>
No staff recerrfed 5alarips at a rate olmore ihan £fA).m)peraDDum_
Paue 12

ST LUKES OSENEY CRESCEKr pcc
IIOTES TOTHE ACCOUNTS
FOR THE YEAR ENDEO 31 DECEMBER 2020
Th*￿st ol key maThayment persomd remwér•tion ofmembers oFthÈ PCCcontlN*d
Rev'd J Ma￿h Iwho is a (￿rtY memkn ol ihe PCCI ￿e1¥e5 3 Stipend from the IhLKe5e and $0 he is not an employee.. some of
the Parish Share p31d to l)iocese is usedto hdp fftEet the c05t olthis #ipend. Re¥d J March is provided wth Kcommodatio
by the Diocese Iwhich 15 CUStomary for der8y). PCC not any expenditu￿ in respt¢t of this ¥¢ommodation
eithei the turrent or Pre￿OU5ve￿I lotherthanexpenditure that ha5 t*en reinbuised bythe Th0￿se).
tr40 member of the PCC. who are the chaiitys On￿ key rec*ed emrAoymeni benefr(s In either ihe current year or
Ihe precedin8year.
flxed assets
Flxiures,
httings and
e4uipfi*r*t
Total
2020
Cosi
At L January 2020
Additions
46.245
46.245
At 31 December 2020
46.245
46,245
A<cumulateiJ depre(kit￿n
At l jart￿lry 2020
CharBe for Iheyear
At 31 Oecemtr*r2020
15.550
15,550
19.894
19,894
Net bookvalue
Ai 31 Decembw 2020
26.351
26.351
Af 31 December 2019
30,695
30.695
8 Debtlys
2020
2019
Tax recoverable
Othtrdebtors
P￿PaYMentS and accrued incoffle
21,115
6,403
34,518
950
10.740
Cash •t Ba•karnl in Hand
2020
2019
Cash at bank
269,818
143.685
10 CredIt￿. Ilabllthsf•llIrfd4*T￿[kn1￿ par
2020
2019
Trade creditors
OthercreditN5
Acuua15
Loan from tXoce5e
4.431
3,991
349
9,777
7,220
13

STIUKES OSENEY CRE5CEpirpcc
PIOTESTOTHE ACCOUNTS
FOR ThEYEAR ENDED 31 DECEMBER 2020
li cwrtors: amoyttts f•llln¥due after more thanone yNr
Z020
2019
Loan from Di￿¢Se
IB,4
t￿￿1￿8 theyear the PCC receNed an interest free, unsecured. loan olE20.IxKifmm ihe f*oteseol Lo•Klon (see alsv note 101. The
teims olthe hian require the PCC io W'n makin8repayrneDts belore the end 012021,. the minimum Month￿ fepaymEnt is £8￿.
IZ penS￿n comrtments
During the year emtherfs perb5K)n contr*WI￿)n5 totalline É3.977120J9= £2.￿) Y￿E payaWE to defir￿d wntribution personal
pensknn schemes. At the balance sheet date pen5ioD contribvth?ns iotsllin8 £34912019-. £3491 were 0￿.
13 Funds
Dudngthe year the moveThents inthe tharty'5funds were asfolbws..
op￿1￿ Iwjnw
balante
res0￿r¢e$
X)20
LW¢Mn8
tesovrces
Transfers
in the year
Closing
balance
2020
2020
2020
2020
Desi9noteé F¥nds
Church plantin8lund
Équipment fvnd
28.335
31.135
26,351
14,3441
30.(O)
30,2LK)
Chuich wviTh8 fvnd
13.YX)
116.5LK)I
27.(M)O
71330
116.5WI
58.656
114.486
6enerclUnreJthrtedFunds
126.392
420.(
1326.5161
(58.6561
161.319
Total Unrestrlcted FurKIs
19&722
420,099
1343,0161
275.805
RestrKted FL*J
Spetial Offerin8S
War Memorial
St P¥n¢ias LaTrL15 Trust
8uildin8 repair and improveh
Bursary
15
396
358
113881
530
396
14.IX•)
27.1)82
2.(01
114.(IxII
127.0821
2.(*)I
2.956
43.441
143,4701
2,927
AgwÉate of lunds
201.678
1386.4861
278.732
Duringthe yearthe PCC transferred..
31 É63m) from vnrestiitted genetal fvnds to w4riou5 (Wted futhls ￿ Ir￿rease the amounts set a￿dE fof spe(ffic
bl E4.344 liom the deswted eQuiw￿l lund to unrestrKted 8er*ial to refiert the carrv￿ value of the PCCS fixed
as5etsat the year-end.
Pwe 14

5r LiIKES OSENEY CRESCEIIT PCC
NOTESTOTHEACCOiINTS
FOR THEYEAR EFIDED 31 OECEMBER ZOZO
13 Fund5
Analy515 off net assets byfuwj
The assets and lia￿litIeS olthe ¥3￿￿5 fU￿1$w*re ès(olkn=
unrestr￿ted FuTrd5
General De5W￿ted
fvnds
funds
Restricted
funds
2020
Fi¥ed assets
Debior5
Cash at bank and In hand
Creditor5 due vmhin oneyear
Crediiorsdue after0￿Yea{
2A351
26.351
10.740
269,818
19.7771
118,4(M)I
10.740
178.756
19,7771
118.4(01
8&135
2.927
161.319
114,486
2,927
278,732
In the the m0￿mentS in the thaiity'sfvnds**reès lolows..
OpeniDg
baLance
2019
Its¢Omin8
resouice5
Out80ir
re50urce5
Transfers
in the year
2019
Cbjsing
balance
2019
2019
2019
Designated Fuyjds
Church Plant*
EquipmeDI fund
Buildin8 gnkin8fund
Church fund
19.535
32,410
28,335
30,695
2.253
129,6041
113.mll
146.7721
18,2LK)
11.3
99.749
19.353
72,330
Gener&lUnrestrtctedFuRdJ
113.154
340.a50
1310,1661
116,9461
126.392
rotal Unrestacted FUNJS
21LYJ3
34OJXI
1356.9381
2.407
198,722
Restri¢tedFunds
Older People5 Proiett..
Fundin8 from City 8rid8e Tiusi
Fundin8 from attendees at St Luke's
2&357
L579
29.936
2.925
128,3571
112.4601
140.8171
11.7701
10.881
10.881
Special OHefin85
War Memorial
2.560
396
396
2.ua
Z24
15.5(
1140
St pan<rès Lands Trust
Safe Haven
Buildin8 repairand impfovement
Commynity ovtreach
I15.5￿)
12871
145,4LOI
11.7501
287
45.410
1.79)
15.152
95,74S
1105.5341
12,40?)
2.956
A8yegaie of funds
228.055
436.095
1462,4721
201.678
Page 15

STLUKfs OSENEY UiESCENT PCC
NOTES TOTHE ACCOUPITS
FOftTHE YEAR E140E0 31 OECEMBER 2010
13 FuDd5 COntlrvJEd
ADalys1501 net a55ets by fund
In the sxwousyear. the a55els and f￿bIlit￿S of ihevarkiusfund5 we￿3$fO￿oW$'.
e51tKted Funds
General
Oesignated
lund5
funds
Restricted
lund5
2019
fixed assets
30,695
34,518
143,685
17,2201
Debtois
Cash at bank and In harn4
17.f4)9
116,(X13
17.2201
I6,￿9
13.9531
41.635
126.392
72,330
2,956
201.678
noted
al The Churth plantlng fv￿1 represEnt m(￿leS set a5ideto prOm￿e thwch ￿an11n8 the Afi8li¢aTh church.
bl The Equipment fijnd represents ihe caftwng value of the chariws fNed asset5 and are not the￿￿Ore a¥ailaNe to spend on
the charity's Otl.8Oing artivii￿
cl The 8ulldlni slnklne futhd represent Mtsn￿ Set a￿de fw mapr repairs and imwtbyements ￿ church property., t￿se works
were undertaken duringthe year and ihe Ivnd has beefi used in itseDtirety.
dl The ch￿￿h SI￿n0 furnl represents mney set aside for grant gi￿n6 to Ot￿r charrf¢ies and indryiduais to u￿Jertake activities
undertaken ID furtherance of the church's o*n Charitable obietts. It ￿ antKlPated that mst. Il not 311. of these lunds will be
distfibvted In the￿tW fIna￿la1 ￿3￿.
Re5tncted
und5
al The Older Peopk5 ProJeci fund repiesents grants and donatWll5 receNed ty the charity ￿ help fund a projed that aim5 to
reduce loneliness and i501aliDn amonB51 ￿der peop* by organls•¥ •¢lrditiesaod events where older people of all f31lhs lor
no faithl <an meet togeiher.
bl The Speclal Offerfws fvr￿ iepre5ent moniE5 recewed lor a￿de v3T*ty ol purposes. Inclutling8rant É￿1n8.
¢1 The War Memorial fund was treated from to help paylor ihe up keep ofa war memrkal.
dl The Fum41yre fvnd repre5ent5 dorthtion5 receNed ty Ihe charity 10 h* pay for the purchase of new chairs.. Ihe money left
overlari5in8 from tL)Ims forg]ft aidl isto be v5ed on future bvildin8 propcts.
el The Sl Pan¢ras L•ryJ Trust fund represents 8ranLS ￿eNed to Wp 50rne of the cosls a5SOUated ￿th operatin8 3
chuich,. the 8raTrts princlpalty help payfot prerw5es felated expendttvre.
The Sale Haven fund represents dOnat￿r&s recÈW ¢0 help the chufth pwrylide a 5alespaceforwomÈn.
The Bulldlng Repair and hry1r0￿DeTht lund was creaied 114)m 8r•tt I￿1 rete1￿￿ to I￿1P fund major iepair5 and
impr0￿MentS 10 church woperty.
h) The CommunItyl￿Are•eh furKI vrds (TÈated Irom donatyir&reteNed to help wlTeach events into the hcal community.
il The Byrswy Ivnd wa5created Irom donations iecetr*d io Wp PEopIEattend aconference that is due io ts*e pLice In 2021.
14 Operatiw I￿Se5. commItTh￿tsatr)d e#W￿llYre
The thaiity has an operating ￿ase for offices. The minimum amovntspayable in Te5pect of this ￿ase is as lollo%vs.'
2020
2019
PaY￿ntS*allITh8 due..
Within one year
BÈtweEn and fwe yeais
Aftw fwe Vea
16.846
0,950
12.540
50.160
3,135
65,835
57,796
r*Jrsn8 the ye31 the charltywas cha￿￿ £14120 I>J19.' £12.540lfor its0￿rat￿la￿a$e.
16

srLVKES OSEP4EYCRESCENTPCC
P￿T0￿£AccoUl￿rs
FOR T•IE YEAR ENDED 31 DECEMOEII 2020
15 Opernww ka5e IrKom
The <hariiy ha5 Bfanted aft OWafin8 lÈase fu thE plac￿ ot telecommvThKaNJns equipment on its church buildiTh& The
mjnimum amounts recewable (until the next break ctsuse and *norin8 the wential effect of fvtUTe rent re¥iew5 and any
nforeseen eventsthat coukl result in eaty temii113tionl iTrre5pecLolthi5 leaseisas Folk)ws=
2020
2Q19
Incor￿ lallin8due-.
Within ￿P¥ear
eetweert one and fNeyears
AfterfNe
14,3
57.2[
2,383
73,883
14.X
57.X
16,683
88.183
16 Tran5acdons with reLryted pwlies
During the year the ¢h3rlty receNed donations totalling É115.076 12019." £89.1291 liom rdated part*5 l*thich includes Th*mbers
of the PCC, an￿ne c105ety connected 10 and aThyother membei olkry manasementl.
rin8 the year lor. if latef. Iiom the date of thwr apwjintmeni a5 trU5tee51. the PCC enwloyn*ni beneflts totalin8 £4.807
12019.. £nillto Ind￿1￿￿81$￿0Sety io menkn of ihe PCL
Except for the reimtrwrsement of expense5 incurred w4hETr agent foi the charity. or ￿c￿rIed when UDdÈrtakirt8 ¢le¥gy and
emrAoyment duties, no expenses were paid to It¥ INI members of ihe PCC.
Except as disdosed th note 6'4nalysi5015taff costs.. thEre havetttTh rK) fftrtransactions ￿ relatsd parties durin8 theyear.
P•3p 17