|||CONTENTS||
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||||Pages|
|Trustees'
Annual
Report|||1-8|
|Report ofthe Independent|Examiner|||
|Statement of Financial Activities|||10|
|Balance Sheet||||
|Notes to the Financial Statements|||12-21|
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|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)|||
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|||||||||||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|
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||||2022||2021||
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|||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|
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|2.|INCOME AND E|NDOWM|ENTS||||||||||
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||||||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|
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|3. EXPENDITURE|||General||Designated|Restricted||Total||Total|
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||||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|
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|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|
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||||2022|2021|
|---|---|---|---|---|
||||E|f|
|Net incoming/(outgoing)||resources are stated after charging:|||
|Independent|examiner's|fee|4,364|4,500|
|Depreciation|||687|1,290|
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|TANGIBLE FIXEDASSETS|||||||
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|||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|
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|13.RESTRICTED|FUNDS||Funds||||||Transfer||Funds|
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||||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|
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