## |||Page| |---|---|---| |Index to the Financial Statements||| |Charity Information||| |Trustees'
Report||4-6| |Statement ofTrustees'|Responsibilities|| |Independent
Examiner's|Report|| |Statement ofFinancial|Activities|| |Statement ofFinancial|Position|10| |Statement ofCash Flows||| |Accounting
Policies||12-13| |Notes to the Accounts||14-19| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||||||||2023|2022| |---|---|---|---|---|---|---|---|---|---| ||||||Unrestricted|Restricted|Endowment|Total Funds|Total Funds| |||||Notes|||||| |Income and endowments||from:|||||||| |Donations and legacies|||||12,196|1,029||13,225|86,646| |Charitable
activities|||||79|||79|1,965| |Other trading
activities|||||21,893|||21,893|11,486| |Investments|||||89,679|||89,679|98,453| |Endowment
income|||||||9,524|9,524|6,024| |Total income|||||123,847|1,029|9,524|134,400|204,576| |Expenditure
on:|||||||||| |Raising funds||||8|4,104|||4,104|8,585| |Charitable
activities||||9|127,613|857||128,470|233,396| |Endowment
expenditure||||10|||3,114|3,114|2,890| |Total expenditure|||||131,717|857|3,114|135,688|244,871| |Net gains/(losses)
on investments||||13|||15,892|15,892|(22,669)| |Net income/(expenditure)
funds||and movement|in||(7,870)|172|22302|14604|(62)964)| |Transfers
between|funds|||23|(394)|394|||| |Reconciliation
offunds:|||||||||| |Total funds brought|forward|||17|1,998,454|21,470|358,576|2,378,500|2,441,464| |Total funds carried|forward|||17|1,990,190|22,036|380,878|2,393,104|2,378,600| ## ## ||||31December 2023|31December 2022| |---|---|---|---|---| |||Notes||| |Fixed assets:||||| |Tangible assets||12|1,940,000|1,940,000| |Investments
Total fixed assets||13|322,962
~EF3E2|307,070
~V,076| |Current assets:||||| |Debtors||14|8,084|8,467| |Cash at bank and In
Total current assets|hand|15|144,243
~&27|145,784| |Creditors: amounts|falling due within one year|16|22,185|22.821| |Net current assets|||130,142|131,430| |Total net assets|||2,393,104|2,378,500| |The funds ofthe charity:||||| |Endowmentfunds|||380,878|358,576| |Restricted
funds||21|22,036|21,470| |Unrestricted
funds||17|1,990,190|1,998.454| |Total charity funds||17|2,393,104|2.378,500| |The Rev'd Erin IN Clark|Benedict Jones-Wigiams| |---|---| |Trustee|Trustee| |(A Parochial
Church Council registered as a|charity, n|umber:|1148272)|||| |---|---|---|---|---|---|---| |Statement ofCash Flows||||||| |for the
ear ended 31December2023||||||| |||||Notes|2023|2022| ||||||E|E| |Cash flows from operating
acdviges:
Net cash used
in operating
activities|||||(61.226(|~((42,466| |Cash flows from investing
activities:||||||| |Dividends,
interest and rents from investments|||||89,679|98,453| |Net cash provided
by investing
activities|||||89.679|98,453| |Change
in cash and cash equivalents
in the|reporting|period|||(1,541)|(44,013)| |Cash and cash equivalents
at the beginning|ofthe reporting||period||145,784|189,797| |Cash and cash equivalents
at the end ofthe|reporting|period|||144,243|146,784| ||||||2023|2022| ||||||E|E| |1 Reconciliation
ofnet income/(expenditure)|to net cash flow from|||||| |operating
activities||||||| |Net income/(expenditure)
for the reporting|period (as per the statement|||offinancial||| |activities)|||||14,604.00|(62,964)| |Adjustments
for:||||||| |Depreciation
charges||||||198| |(Gains)/losses
on revaluation
ofinvestments|||||(15,892.00)|22,669| |Dividends,
interest and rents from investments|||||(89,679.00)|(98,453)| |(Increase)/decrease
in debtors|||||383.00|(310)| |Increase/(decrease)
in creditors|||||(636.00)|(3,605)| |Net cash provided
by (used in) operating|activities||||91,220|142,466| ||||||2023|2022| ||||||E|E| |2 Analysis ofcash and cash equivalents||||||| |Cash in hand|||||144,243|145,784| |Total cash and cash equivalents|||||144,243|145,784| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |1|Incoming resources|Incoming resources||||||| |---|---|---|---|---|---|---|---|---| ||The incoming|resources
and surplus are attributable||to|the principal|activities ofthe charity.||| |2|Net incoming|resources|||||2023|2022| ||Nef incoming|resources are stated alter chaniing:|||||E|E| ||Independent|Examiners fees - Independent|Examination||services||1,200|1,200| ||Depreciation|- owned assets||||||198| ## ||||||||2023|2022| |---|---|---|---|---|---|---|---|---| |3|Donations
and legacies||||Unrestricted|Restricted|Total|Total| ||||||E|E|E|E| ||Personal donations||||3,315||3,315|2,370| ||Reclaimed
gift|aid|||3,833||3,833|428| ||Planned
giving||||2,022||2,022|1,712| ||Grants
& reimbursements||||2,000|1,029|3,029|81,024| ||Collections||||1,026||1,026|1,114
5~4| ||||||||2023|2022| |4|Charitable
activities||||Unrestricted|Restricted|Total|Total| ||||||E|E|E|E| ||Fees for occasional services||||79||79|765| ||Church events||||||79|1,200
,'BE| ||||||||2023|2022| |8|Other trading|activities|||Unrestricted|Restricted|Total|Total| ||||||E|E|E|E| ||Hall hire||||21,893
~E,||21,893|11,486
11,4| ||||||||2023|2022| |8|Investments||||Unrestricted|Restricted|Total|Total| ||||||E|E|F|E| ||Rental income||||87.000||87,000|97,733| ||Bank interest|received|||2,679||2,679|720| ||||||||2023|2022| |7|Endowment|income|||||Total|Total| ||||||||E|E| ||St Philip's
Hall: interest received||||||2,336|3,110| ||National Schools: interest||received||||754|131| ||Institute: interest received||||||4,367|761| ||StJames Church Expenses: dividends|||received|||2,009|1,998| ||St Philip's
Hall: dividends||received||||58|24| ||||||||2023|2022| |8|Raising funds||||Unrestricted|Restricted|Total|Total| ||||||E|F|E|E| ||Watch House|costs|||4,104
' ljr||4,104
4,104|8,585
F5%| ## ## |||||||||2023|2022| |---|---|---|---|---|---|---|---|---|---| |9|Charitable
activities|||||Unrestricted|Restricted|Total|Total| |||||||E|E|E|E| ||Common
fund|||||49,944||49,944|49,948| ||Salary/honorarium||||||||3,773| ||Home mission|||||2,468|274|2,742|4,284| ||Clergy expenses||||||||320| ||Rectory costs|||||1,456||1,456|1,689| ||Church requisites|||||630||630|3,644| ||Children
&Youth|||||34|583|617|956| ||Insurance|||||5,485||5,485|4,966| ||Printing,
postage &stationery|||||3,017||3,017|2,619| ||Telephone costs||||||||632| ||PR & marketing|||||825||825|2,395| ||Heat, light &water|||||5,360||5,360|6,723| ||Church
running
costs|||||2,782||2,782|2,918| ||Cleaning exps|||||4,988||4,988|1,381| ||Architect/Surveyor|fees|||||||4,148| ||Church repairs 8 maintenance|||||11,315||11,315|108,630| ||Parish
hall costs|||||9,667||9,667|9,934| ||Education
&training|||||3,902||3,902|500| ||Events &outings|||||2,266||2,266|3,128| ||Sundry expenses|||||1,137||1,137|100| ||Bank charges|||||68||68|| ||Legal & professional|fees||||9,447||9,447|7,226| ||Depreciation||||||||198| ||Independent
examination||fees|||1,200||1,200|1,200| ||Administration
fees|||||11622||11622|12 004| |||||||127,613|857|128,470|233,396| |||||||||2023|2022| |1O|Endowment
expenditure|||||||Total|Total| |||||||||E|E| ||National Schools: Church||requisites|||||754|131| ||Institute: Church maintenance|||||||351|761| ||StJames Church Expenses: Church|||running|costs|||2009|1 990| |||||||||3,114|2,890| |11|Staff costs|||||||2023|2022| |||||||||E|E| ||Staff salaries|||||||Nll|3773| ||||||||||3,773| ## ## ## |||Computer|Land 5|| |---|---|---|---|---| |12|Tangible fixed assets|equipment|buildings|Total| |||E|E|E| ||Cost|||| ||As at 1 January 2023|1,304|1,940,000|1,941,304| ||As at 31 December 2023|||| ||Depreciation|||| ||As at 1 January 2023|1,304||1,304| ||Charge for the year|||| ||As at 31 December 2023|||1,
4| ||Net book value|||| ||As at 31 December 2023||1,940,000|1,940,000| ||As at 31 December 2022||1,940,000|1,940,000| |||||||Permanent||Expendable||| |---|---|---|---|---|---|---|---|---|---|---| |13|Investments|||||Endowments||Endowments||Total| |||||||E||E||E| ||Market value|||||||||| ||As at 1 January 2023|||||192,898||114,172||307,070| ||Revaluations
As at 31 December 2023|||||15,892
~mr77I6|||15,892
~&In|| ||Historical value at at31December|||2023||94,462||114,172||206,634| ||Expendable|Endowments|-St|E114,172cash held
in|a CBFDeposit Fund, the income ofwhich|||is restricted|to|| ||James Institute|||ecclesiastical
purposes|which have the approval ofthe incumbent.|||||| ||'Permanent|Endowments-||3,252 CBFinvestment|Fund Shares valued at E73,512at the year-end,
the income|||||ofwhich| ||Church Expenses Fund|||is restricted to church|expenses.|||||| ||Permanent|Endowments|-St|5,730.19COIF Income|Units valued atE113,716at the yearwnd.|||The fund is restricted to||| ||Phigp's
Hall|||the improvement
ofthe premises.||Interest on this account is currently
accumulated||||in the St| |||||Philip's
Hall restricted|fund which|is represented
by a COLA CBF||Deposit Fund. This||| |||||account is to recoup capital spent||on a central heating system
in||1977.||| ||Permanent|Endowments|-St|E1,844 cash held
in a|CBFDeposit Fund. The fund is restricted||to the improvement|||ofthe| ||Phgip's
Hall|||premises. Interest on this account||is currently
accumulated
in the||St Philip's|Hall restricted|| |||||fund which is represented
by a CCLA CBFDeposit Fund. This account is to|||||recoup|capital| |||||spent on a central heating
system||in 1977.||||| ||Permanent|Endowments-||E19,717cash held
in a CBFDeposit Fund, the income ofwhich|||is restricted||to religious
and|| ||National Schools|||charitable
work in the|parish.|||||| |Debtors: amounts
falling due within one year
Prepayments|Debtors: amounts
falling due within one year
Prepayments|2023
E
8,084|2022
E
8,467~| |---|---|---|---| ||||~~| |Bank and cash in hand||2023|2022| |||F|E| |Bank current account||4,086|5,197| |Bank deposit account||67,203|72,255| |COLA deposit account||27,951|27,083| |COLA rent deposit account||19,738|19,125| |COLA deposit account - St Phillip's|Hall|25,265
, ~|22,124
m~n, r| ## ## ## ## |18|Creditors: amounts||falling|due within one year|||||2023||2022|| |---|---|---|---|---|---|---|---|---|---|---|---|---| ||||||||||E||E|| ||Rent deposit held||||||||20,988||20,375|| ||Accruals||||||||1,197||1,196|| ||Deferred income||||||||||I 25D|| ||||||||||22,185||22,821|| |17|The funds ofthe charity: current year|||||Opening
balancef|Resources
erlelnef
Resources
uiiiised
E|Other
movements
E|||Closing
balance
E|| ||BtM(db(adam@|||||||||||| ||Endowmentfunds
Restricted
income funds
Total rastricled|||funds||358,576
21 470
30D046|9,524
(3,114)
I 029 ~857
10553 ~3974||15,892
394
16286|380,878
22 036
40291||| ||jammtdafttdfuada|||||||||||| ||Designated
funds
General funds
Total unrestricted|||funds|1,975,000
2345
I 990454||5,000
110047 ~31717
123847 ~131717|~394
~304||1,980,000
ID190
I 99D190||| ||||||2,370~Il~||1344DD ~185600||15,892|2|393104|| |||||||Opening|Resources
Resources||Other||Closing|| |18|The funds ofthe charity: prior year|||||balance|arising
utglsed||movements||balance|| |||||||E|E
E||E||E|| ||BM(dQlftfffttada|||||||||||| ||Endowmentfunds
Restricted
income funds
Tolet iestncted|||funds||378,111
22019
DD 130|6,024
(2,890)
79233 ~103033
85257 ~111723||(22,669)
29 DDI
6302||358,576
21
7D
300046|| ||jfaatafdafttdfaada|||||||||||| ||Designated
funds
General funds
Total unreslricled|||funds|1,970,000
71 334
2 D4
334||5,000
114319 ~133140
119319 ~133148|~29D51
~29051||1,975,000
23464
I 998454||| ||||||2441. 6||2D4,576 ~244,071|~22609||2,378500||| |||||||Opening|Resources
Resources||Transfers 8||Closing|| |19|Designated
funds:|current||year||balance|arising
utgised|adjustilients|||balance|| |||||||E|E
E||E||E|| ||Fixed asset funds||||1,940,000|||||1,940,000||| ||Major works sinking|fund||||35 011~|~ DOD||||40 ODO|| ||||||1,975,000||5,000|||1,980,000||| |||||||Opening|Resources
Resources||Transfers 3||Closing|| |20|Designated
funds:|prior year||||balance
E|arising
E
utgised
E|adjustments
E|||balancef|| ||Fixed asset funds||||1,940,000|||||1,940,000||| ||Major works sinking|fund||||3D DDO|~ DDD||||35 ODO|| ||||||1,970,000||5,000|||1,975,000||| ||Fixed asset funds|||This fund represents
the amount ofcharity funds locked up in freehold
land and||||||buildings||| |||||and other gxed assets which are needed for operational
purposes.|||||The funds are cerned
at|||| |||||the net book|value|ofthe fixed|assets at the balance sheet date, atter deducting|||any||| |||||outstanding|loans,|endowment|funds or restricted
funds used to finance their acquisition.|||||l| ||Major works sinking||fund|The fund represents||the amount ofcharity funds set aside for possible
building||||works
in||| |||||future||||||||| ## ## |fo|rthe
earended|31Dec|ember2023|||||| |---|---|---|---|---|---|---|---|---| |||||Opening|Incoming|Resources|Tfsiisfeis 5|Closing| |21|Restricted funds: current||year|balance|ISSOUICSS|expended|adjustments|balance| |||||E|E|E|E|E| ||Bells|||851||||851| ||Food Bank|||418||||418| ||St Philip's
Hall Fund|||15,678||||15,678| ||Queen Adelaide
Miss Vaughan's
Choir Church|Charity
Spitalfields|Charity|2,520
1,814
189|650
379|274
583|394
~4|2,896
2,193
~55| |||||Opening|Incoming|Resources|Transfers 6|Closing| |22|Restricted funds: prior year|||balance|ISSOUICSS|expended|sdjustmsnts|balance| |||||E|E|E|E|E| ||Bells|||851||||851| ||Food Bank|||818|1,200|1,600||418| ||StPhilip's
Hall Fund|||15,678||||15,678| ||Queen Adelaide|Charity||2,092|550|122||2,520| ||Kitchen/ Toilet refurbishment||||77,104|106,154|29,050|| ||Miss Vaughan's|Spitalfields|Charity|1,435|379|||1,814| ||Choir Church|||1,145
~r'mr||956
10(r((22||189| ## ||Projects financed
by restricted|Projects financed
by restricted|funds|are supported|by unrestricted|funding|funding|where necessary.
This occurs|where necessary.
This occurs|where necessary.
This occurs|where necessary.
This occurs|where the funding|where the funding|is|in| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| ||arrears or the incidence ofexpenditure|||on the project occurs disproportionately
at the beginning
ofthe project compared|||||||||to the||| ||income flows. Where restricted||projects end the year with a deficit,|||this|is|met by after||yearwnd
restricted||income ortransfers|||| ||from unrestricted
funds.||||||||||||||| ||Bells|||Funds received for restoration||ofChurch Bells.|||||||||| ||Food Bank|||Funds administered
on behalf||of Bow Food Bank.|||||||||| ||StPhigp's
Hall Fund|||Funds received for purchase||or refurbishment|||ofpremises.||||||| ||Queen Adelaide Charity|||Funds received for Home mission.|||||||||||| ||Miss Vaughan's
Spitalfields|||Funds received for Home mission.|||||||||||| ||Charity||||||||||||||| ||Choir Church|||After school|singing
club for primary|||school children.|||||||| ||||||General||Designated|||Restricted|Endowment||||| |23|Transfers
between funds: current year||||funds|||funds||funds||funds||Total|| ||General to restricted
General to designated||||(394)
~5555|||5,000||394|||||| ||||||(5,394)|||5,000||394|||||| ||||||General||Designated|||Restricted|Endowment||||| |24|Transfers
between funds: prior year||||funds|||funds||funds||funds||Total|| ||General to restricted
General to designated||||(29,051)
~5555|||5,000||29,051|||||| ||||||(34,051)|||5,000||29,051|||||| ||||||General||Designated|||Restricted|Endowment||||| |25|Net assets attributable|to funds: current year|||funds|||funds||funds||funds||Total|| |||||||||E||E||E|||E| ||Tangible
fixed assets||||||1,940,000|||||322,962|2,262,962||| ||Current assets||||32,375|||40,000||22,036||57,916|152,327||| ||Current
liabilities
Net assets represented|by funds|||22,185
DDnDD|~i,||Irln||555r ~IIIDDr|||22,185
drov4||| ## ## |||||General|Designated|Restricted|Endowment|| |---|---|---|---|---|---|---|---|---| |39|Net assets attributable||to funds: prior year|funds|funds|funds|funds|Total| ||||||8|6|5|8| ||Tangible|fixed assets|||1,940,000||307,070|2,247,070| ||Current
Current|assets
liabilities||45,025
~21511|35,000|22,720
~255|51,506|154.251
~22 521| ||Net assets represented||by funds|23454|1 975000|21470|358576|2 378500| ## ## ## ## ##