2022-12-31-accounts

		CONTENTS
			Pages
Trustees' Annual Report			1-8
Report ofthe Independent	Examiner
Statement of Financial Activities			10
Balance Sheet
Notes to the Financial Statements			12-21

Management
The vicar manages		the PCC together with the executive team, which consists of PCC the council						and staff. Due
tothe resignation		ofthe vicar, the PCC has entered an interregnum until		a new minister-in-charge				is appointed.
Bankers
HSBC, 25 Nutting		Hill Gate, London W113JJ
Independent	Examiner
M Koureas FCCA,		Hetherington and Co, 289 Green Lanes, Palmers Green,			London N13
PCC Members
Those who served		as members ofthe PCC during the period or who were			appointed		or who have	resigned	since
were as follows:
Chair:			Bethany Sikes (appointed 24 April 2022)
Church Wardens:			Hazel Mann (appointed 18October 2020)
PCCSecretary:			Bethany Sikes (appointed 21June 2021)
Treasurer:			Vacant
			Robert Pilcher (appointed 26 April 2021;resigned 24 April 2022)
Elected Members:			Eleanor Norris (appointed 2 April 2017)
			Ashleigh Pearson (appointed 22 April 2018)
			Bethany Sikes (appointed 14April 2019)
			Maya Laurent (appointed 14April 2019)
			Hazel Mann (appointed 14April 2019)
			Ayolola Eni-Olotu (appointed 18October 2020)
			Alexandra Noel (appointed 24 April 2022)
			Vivienne Lukey (appointed 24 April 2022)
			Sally Barker (appointed 24 April 2022; resigned		31December 2022)
			Jacob Davies (appointed April 2015;resigned	24 April		2022)
			Natalie Davies (appointed 2 April 2017;resigned		24 April		2022)
			Rob Pilcher (appointed 14April 2019;resigned		24 April 2022)
			Isabelle McFadden (appointed 22 April 2018;	resigned		24	April 2022)
Deanery Synod	Rep:		Ashleigh Pearson (appointed 24 April 2022)
			Isabelle McFadden (appointed 22 April 2018;	resigned		24	April 2022)

										2021
						General	Designated	Restricted	Total	Total
						Funds	Funds	Funds	Funds	Funds
				Notes		E
Income and endowments			from:
Voluntary Income				2.1		70,715		18,641	89,356	149,959
Activities for generating		funds		2.2		65,531			65,531	37,629
Income from investments				2.3		167			167	16
Church activities				2.4		1,544			1,544	1,786
Totallncome						137,957		18,641	156,598	189,390
Expenditure on:
Church activities				3.1		107,219		20,147	127,366	201,979
Raising funds				3.2		22,770			22,770	12,577
Total expenditure						129,989		20,147	150,136	214,556
Net income / (expenditure)			for the year
and net movement	in funds			5		7,968		(1,506)	6,462	(25,166)
Transfer between	funds
Total funds brought	forward					45,584	20,384	50,313	116,281	141,447
Total funds carried	forward				E	53,552 E	20,384 E	48,807 E	122,743 E	116,281

			2022		2021
		Notes	E
FIXEDASSETS
Tangible fixed assets				2,061		2,748
CURRENT ASSETS
Debtors		8	5,675		7,710
Cash at bank and in hand			142,824		118,843
TOTAL CURRENT ASSETS			148,499		126,553
CREDITORS: Amounts	falling
due within one year		9	(27,817)		(13,020)
NET CURRENT ASSETS				120,682		113,533
TOTAL NET ASSETS			E	122,743	E	116,281
REPRESENTED BY:
General Funds				53,552		45,584
Designated Funds		12		20,384		20,384
Restricted Funds		13		48,807		50,313
			E	122,743	E	116,281

2.	INCOME AND E	NDOWM	ENTS
					Genera I	Designated		Restricted		Total		Total
					Funds	Funds		Funds		2022		2021
										E
2.1	Voluntary Income
	Congregational	planned	giving		53,800					53,800		78,744
	Tax recoverable				12,067					12,067		16,588
	One-off giving				4,296					4,296		9,980
	Sunday offerings				552					552		737
	Grants							18,641		18,641		43,910
					70,715 E		E	18,641	E	89,356	E	149,959
2.2	Activities for Generating		Funds
	Letting ofchurch	facilities			65,531					65,531		37,629
				E	65531 E				E	65,531	E	37,629
2.3	Income from Investments:
	UK Bank interest				167					167		16
				E	167 E				E	167		16
2.4	Income from Church activities
	Community work				19					19		271
	Alpha
	Sundry income				37					37		357
	Wedding and funeral fees				1,488					1,488		1,158
				E	1,544 E		E		E	1,544	E	1,786
	Total incominmg	Resources		E	137,957 E		E	18,641	E	156,598	E	189,390

3. EXPENDITURE			General		Designated	Restricted		Total		Total
			Funds		Funds	Funds		2022		2021
3.1 Church activities
Giving (note 14)			26,533					26,533		23,128
Diocesan parish share										26,600
Human resources			40,642			15,612		56,254		99,556
Campus costs:
Campus costs —Church			22,481			2,641		25,122		29,182
Campus costs - Vicarage			439					439		1,610
Office costs			9,657			48		9,705		7,988
Services			1,006					1,006		1,151
Worship			656					656		1,092
Prayer and prayer	ministry
CG's
OPAF			317					317		49
Men's and women's	ministry
Children's work			128					128
Youth work						1,846		1,846		4,954
Students										281
Course costs										395
Church life										166
Media and PR										23
Depreciation ofchurch equipment			687					687		1,290
PCC Meeting and governance		costs	309					309		14
Independent examiner fee			4,364					4,364		4,500
			107,219	E		20,147	E	127,366	E	201,979
3.2 Raising funds
Campus costs —Hub			22,770	E				22,770	E	12,577

STAFF	COSTS				2022		2021
					E		E
Salaries (see note below)					48,581		84,621
Social	security costs				1,409		3,819
Pension costs					991		2,085
					50,981		90,525
Other	HR costs (training,	recruitment,	clergy expenses etc.)		5,248		9,031
				E	56,229	E	99,556

			2022	2021
			E	f
Net incoming/(outgoing)		resources are stated after charging:
Independent	examiner's	fee	4,364	4,500
Depreciation			687	1,290

TANGIBLE FIXEDASSETS
		Office		Computer
	fixtures, fittings			&musical
		&equipment		equipment		Total
Cost		E		E		E
Opening balance 1January 2022		37,826		22,584		60,410
Additions in year
Disposals in year
Closing balance 31December 2022	E	37,826	E	22,584	E	60,410
Depreciation
Opening balance 1January 2022		35,078		22,584		57,662
Disposals
Charge for year		687				687
Closing balance 31December 2022	6	35,765	E	22,584	E	58,349
Net BookValue
At 31December 2022	E	2,061	E		E	2,061
At 31December 2021	E	2,748	E		f	2,748

13.RESTRICTED	FUNDS		Funds						Transfer		Funds
			Brought		Received		Funds		between		Carried
			Forward		in year		used		Funds		Forward
									E
Represented	by specific
contributions	towards:
Diocese Energy Grant					2,641		2,641
Mission giving			517								517
Youth worker	salary		22,099		15,000		15,612		2,663		24,150
Future church	planting		6,250								6,250
Building works			12,951								12,951
Youth and community		work	8,496		1,000		1,894		(2,663)		4,939
			50,313	E	18,641	E	20,147	E		E	48,807