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← Pcc Of All Hallows Bromley By Bow

2023-12-31-accounts

Parish of All Hallows Church Bromley by Bow

Trustees’ Report & Accounts 2023

Registered at the Charity Commission, no. 1153020

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Table of Contents

Table of Contents 2
Annual Report 2023 3
Reference and Administrative Information 3
Responsibilities of the PCC 4
Church Attendance 4
Electoral Roll 4
Public Benefit 4
Our Vision 4
Rector’s Report 5
Wardens’ Report 6
Ahaba Café Report 8
Men’s Ministry 8
Our Father’s House Recovery Ministry 8
Women’s Ministry 9
Small Hallows (small groups) 9
Children’s Church 10
Fern Street Family Centre 11
AHB Youth 12
Homeless Outreach 12
Safeguarding 13
Community Outreach Project 13
Racial Justice and Equality Group (RJEG) 14
Church Policies 15
Approval 17
Treasurer’s Report 18
Report of the Independent Examiner 20
Financial Statements 21
Notes to the Accounts 23
Detailed Statement of Financial Activities with Comparatives 35

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ANNUAL REPORT 2023

(January – December 2023)

REFERENCE AND ADMINISTRATIVE INFORMATION

Members of the Parochial Church Council (PCC) are elected at the Annual Parochial Church Meeting (APCM) in accordance with the Church Representation Rules. The following served as members of the PCC during the year and up to the date of this report, unless otherwise indicated.

RECTOR: The Rev’d Cris Rogers
ASSOCIATERECTOR: The Rev’d Beki Rogers
CURATES: The Rev’d Raff Chaves
The Rev’d Nicky Wong
CHURCHWARDENS: Charlie Thompson
Isoboye Nonju
DEPUTYWARDENS: James Scrivener
Tracey Alwedo
REPRESENTATIVES ON David Banks PCC Secretary
THEDEANERYSYNOD:
ELECTEDMEMBERS: Sheila Akao-Okeng From 30/04/2023
Timothy Anyuru From 30/04/2021
Louise Vinhas Chaves From 16/04/2017
Amanda Clegg From 29/04/2022
Hayley Collet From 29/04/2022
Ian Devlin From 16/04/2018
Mel Fenech From 29/04/2022
Nicolas Folia Until 21/9/2023
Emma King Treasurer Until 20/4/2023
Steven King Treasurer from 29/04/2022
Ina Markevica From 30/04/2023
Jo Read To 30/04/2023

All Hallows Bow (AHB) is a charity registered in England and Wales (no. 1153020). All Hallows Bow uses the banking services of the CAF Bank.

Stewardship was appointed to carry out the independent examination of the accounts for 2023. The postal address of the church is: All Hallows Rectory, 248b Devons Rd, Bow, E3 3PN.

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Responsibilities of the PCC

The PCC of All Hallows Bow, London E3 3PN, has the responsibility, together with the Rector, the Revd. Cris Rogers to promote, in the parish, the whole mission of the Church. This includes the pastoral, evangelistic, social, and ecumenical aspects. It is also responsible for the maintenance of the building of All Hallows Bow. As a Church of England Parish church, the PCC and Rector follow the requirements of Church of England Canon Law. The PCC has complied with the duty under section 5 of the Safeguarding and Clergy Discipline Measure 2016 (which sets out the PCC's obligations to safeguard children and vulnerable adults).

CHURCH ATTENDANCE

In 2023, the average Sunday worshipping community at All Hallows Bow, was 123 people, consisting of 100 adults (16+) and 23 children and young people.

ELECTORAL ROLL

This year’s electoral roll (as of 20[th] April 2023) has 156 registered members.

PUBLIC BENEFIT

The PCC members confirm that they have complied with the duty in section 17 of the Charities Act 2011, to have regard to the Charity Commission’s general guidance on public benefit. The church of All Hallows Bow benefits the community, by the activities described in the sections attached, particularly through family work, children’s work, youth work, AHB food collection and distribution to local people in need, community engagement and working with other faith groups.

We also collaborate with the local Mosques in community work and engagement.

OUR VISION

All Hallows Bow is here to be an explosion of Joy, by making Jesus known in our local community, to see lives transformed.

Making Jesus Known

We are challenged to be a supportive, listening, and caring church. We wish to behave like family towards each other. We want to be strong in our welcome and extend deeper friendships. We want to invite other people into this family.

We will do this by:

Within the Local Community

We are here to stay and be a part of the local picture. Our life outside of the building will be of joyful celebration.

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We will do this by:

To See Lives Transformed

We aim to have worship that is accessible for all people locally, young, and old from all cultures. We want to be inventive and try new things out whilst increasing the depth of our worship. We want to see lives transformed emotionally, physically, and spiritually.

We will do this by:

QUINQUENNIAL 2019

The last quinquennial inspection occurred in 2019 by Chris Daley of Twd Architects. The inspection revealed brickwork deterioration on the outer Victorian street walls. The essential work to be completed was to undertake external redecorations, repair and redecorate areas damaged by water penetration, repair damaged glazed leaded light details and repair cracks to brickwork on the organ room. These were completed at the time.

Rector’s Report

This APCM report represents the work done during 2023. This year felt like the year we finally made it out of the shadows of 2020 and COVID-19. Lots happened in 2023 with Nicky Wong joining us as curate, women’s ministry relaunched, Hayley Collet joined the team to lead on starting some outreach groups and record number of weddings at the church in one year!

1. Making Jesus Known

This year, our church remained committed to sharing the love of God in practical ways throughout our neighbourhood community. Door-knocking initiatives enabled some great conversations and prayers with many families on their own doorsteps. Our Alpha course also provided an open space for people's questions and explorations of faith. One highlight event was our summer party, which drew over 450 people for food, games and relationship-building. Our well-attended Christmas services created space for many visitors to engage the nativity story and the message of Christ's hope and redemption. Additionally, our live-streamed worship continues opening doors for seekers – in the last year, multiple individuals have joined us on Sundays after watching online for several months prior, facilitated by the accessibility of technology. Across many creative outreaches, we consider it a privilege to compassionately make Jesus known both by meeting the needs and introducing people to the One who alone meets our deepest needs.

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2. Discipleship

This year we implemented some new initiatives to foster deeper discipleship and spiritual growth in our congregation. Prayer walking events facilitated listening to God and interceding for various parts of our neighbourhood. We held quarterly “Tool kit” sessions to equip people with sessions on prayer ministry, prophecy, sharing our faith with Muslims and pastoral care. Reconfiguring our family service aimed at more intergenerational worship using family movies. This launch Fancy Dress Sunday seeing whole families coming dress up to engage with the worship. We launched Sunday morning discipleship groups for our 11-14-year-olds, shaping young hearts and minds alongside the usual Wednesday evenings. New small groups designed for moms with young children as well as a midweek group gathering at our Ahaba Café strengthened both community and biblical engagement during the week. Across ministries, our church strives to nurture spiritual development appropriate to wherever someone may be on their faith journey using our Head, Hearts, and Hands framework.

We measure success not by numbers but by the degree of increasing maturity, authentic transparency about struggles, acts of service, and qualities like patience, forgiveness, and love actively flowing from our communal life together. We do this using our Making Disciples assessment tool.

3. Staff Care

We have continued to make sure care for our staff is a priority. With retreat days, providing mentors and outside support alongside line management, we have been able to retain our staff and see them emotionally and spiritually well. Beki and I personally want to recognise the cost and dedication of our Staff and volunteer teams that have served and loved people this last year. We really love you and all you do for AHB.

Caring for the wellbeing of our staff remained a key priority this past year. Multiple concrete efforts were used to help leadership teams amidst heavy demands - retreats, mentoring partnerships, and counselling support, to name a few. We therefore want to sincerely recognise the tremendous dedication shown by all staff and key volunteers this past year. The sacrifices made to love and serve our church family do not go unnoticed. Each role carried out with grace contributes to our shared kingdom goals. As the body of Christ, we are strengthened when every part is functioning healthily. We are grateful!

4. All Hallows Moving Forwards

All Hallows Bow will be 150 years old in 2024. With this in mind, we are going to be using the year to celebrate the work of dedicated Christians in Bow as well as use it to reach our neighbourhood. Our partnership with Fern Street is also 10 years old in 2024. This means as we look forward, it’s going to be a year of remembering what God has done in the neighbourhood.

Having built up our children’s work and started to develop the church youth work, we want to move our focus to working in the neighbourhood with teenagers. In 2024, we will be taking time to see what might be possible to start up new work to engage young people of the Lincoln Est.

REV CRIS ROGERS

Wardens’ Report

Introduction

A warm welcome to the Warden’s Report 2023 from Charlie and Soby! 2023 was a year that was full to the brim with challenges, rewards, and opportunities for the church, as we sought to love our

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community with our head, our hearts, and our hands. More than ever, All Hallows exists to be an explosion of joy, in our local community, by making Jesus known, to see lives transformed! Let’s dive in.

Making Disciples!

2023 has been a year full of diving deeper into discipleship. We have been able to grow in lots of different areas - growing in our head knowledge, expanding the compassion and capacity of our hearts, and getting our hands dirty in service of others. We started the year with ‘sticky theology’, where we learned profound truths that you can write on a post-it. We were so blessed by those running our quarterly ‘tool-kits’, looking at areas of deeper enabling such as learning to pray for others, crafting a sermon, or engaging with people from different faith backgrounds. Towards the end of the year we began an epic journey of a deep dive through the book of Ephesians in our ‘Made Alive in Christ’ series, which will continue into 2024.

New beginnings.

We are grateful for the way God is continually in the business of renewal and creation. This year has been marked by some new seasons in several areas of the church. We welcomed Amiee Muir in January as our new Centre Manager at Fern St and we have been blown away by the way she has taken on the role and made it her own. In the summer we saw Nicky Wong finish his training and become ordained, remaining with us as a curate. We are so blessed by his ministry throughout church life. New chapters for Men’s’ and Women’s’ ministries have seen people come together in fellowship, prayer, and discipleship in fresh ways in 2023. And new initiatives such as our community outreach project - led by Hayley Collett - have been an exciting area of growth and outreach. God is always on the move, and this year has been a year of new beginnings, and renewed growth!

Thank you!

We have so much to say thank you to God for in 2023. We are so grateful for his continued work in the many and various ministries of the church. Whether it is the work of Fern Street in reaching some of the most vulnerable in our local community, or AHABA becoming more and more of a hub for the community to come and enjoy our famous hospitality.

Whether it is our small groups, or Men’s’/ Women’s’ ministries - we have seen the way God works in bringing people into community with each other, and working through them to support, lift, and encourage one another deeper in faith. Our Father’s House has had an amazing year, and we are so grateful for the way God is setting people free from addiction and drawing them closer to himself as they learn to walk with him through profound battles.

The Youth and Children’s’ work at AHB has been growing in depth and number throughout the year, and we are so grateful for the way these ministries are being re-birthed after the big ‘reset’ that the Covid pandemic enforced. We are aiming to focus more on these in 2024 as areas of special importance to us in this season.

We also want to say thank you to our people. We are also grateful to the many members of the church who have made everything we do at All Hallows possible. To every single member of the team - whether staff, volunteer, or congregation member - we are grateful for your contributions, and you are so precious to us. Thank you. Whether it is prepping food bundles for Homeless Outreach, cooking burgers at the Summer Party, or cleaning the toilets - it is through service of others that we minister to Jesus. We pray for you all to know the rich and deep blessing of God and be enriched by serving his church and the people of E3.

As we look ahead to an exciting 2024, we are reminded that God is eternal, his love is enduring, and he is far more excited about the year to come than we can imagine. Let’s go!

CHARLIE THOMPSON

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Ahaba Café Report

Some of our google reviews received from the public in 2023:

‘ Some of the best coffee I’ve had, and a very friendly, welcoming place. A top spot for takeaway or staying in.’

‘Although I didn't have anything to eat, the food everyone else was eating looked totally yummy. I'm more interested in coffee, and you know when you find a magical place that sells great coffee, you can't help yourself. You have to keep going back. Friendly staff. Reasonably priced, too.’

‘Love this place! Great coffee and prices and lovely friendly staff and atmosphere. Support local and go to this cute cafe 10/10’

This year was a year of consolidation for the café. The café manager and Nayem, supported wonderfully by volunteers Jake and Isaac greeted and served the people of Bow across the Ahaba counter 8836 times and served up over 15000 coffees, meals, and baked treats.

We are looking forward to another year of facilitating connections between our church and our community, displaying the goodness of God in Bow, and providing people with the opportunity to connect with Him.

DAVID GLOVER

Men’s Ministry

We have gathered 3 times last year, to encourage community and deepen relationships between the men in our church.

In January 2024 we went out for dinner at Brick Lane and over 20 men attended, which was one of the best attended men’s events so far.

In 2023 we met at Ahaba café for breakfast and games, and for a walk at the cemetery park finishing with praying for one another. Attendance for this wasn’t as high for different reasons with many members not being available.

Plans for the new year

To continue meeting every 2 to 3 months, to fellowship, play and pray together, to ensure we are building relationships with one another and supporting one another in prayer and friendship.

REV RAFF CHAVES

Our Father’s House Recovery Ministry

Our Father’s House is our Recovery Service on Tuesday nights in church. It’s a church service for those struggling with addiction.

Last year OFH have initiated 3 types of support for those in recovery or still addicted.

• Food bank.

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Food bank. In the last year 23 individuals in recovery have accessed our food bank, including a family of refugees that are not in recovery.

Transport support. Five individuals were helped with access to public transport, to help them access recovery meetings.

Baptisms. On the 26th of March 2024, Our Father’s house will have a baptism service where 4 people have decided to give their lives to Jesus.

Discipleship and teaching. Last year at Our Fathers house they studied the book of Jonah together, helping those new to faith to understand the book in a way that was relatable to them.

They also explored the 12 steps through the bible, from 1 to 12, showing those in recovery the roots from where the steps came from and introducing them to scripture in a pathway in which those in recovery are familiar with. We are starting a new Bible 12 steps study group on the 6[th] of march every Wednesday evening.

Mentorship. Several members have had one to one mentoring session to get support both on their recovery and faith journey.

Plans for 2024. To continue supporting addicts on their recovery and faith journey, every step of the way. To continue growing the ministry and its structures.

A leadership requirement document was created to ensure leaders are leading by example.

REV RAFF CHAVES

Women’s Ministry

Since March 2023 we’ve launched Women’s Ministry again at AHB and aim to have meetings together 6 times a year, being split up according to the school term times/half term holidays. Our vision is for the women of AHB to grow in intimacy in their relationship with God and with each other, so that we can form real community that both supports each other and puts Jesus first. We’ve had brunches, walks, and worship nights and seek to pray together whenever we meet. We’d love to see all women of the church coming together and we have a WhatsApp group for additional communication/prayer requests between meetings. Please do get in touch with either Manda or I if you’d like to know more or get involved!

LAURA THOMPSON

Small Hallows (small groups)

We currently run 5 small groups at All Hallows, in addition to other mid-week groups and termly. ministries such as men's and women's ministries. Small groups play a vital role in discipleship, providing opportunities for us to gather and encourage one another in our journey to becoming more like Jesus. The main goals with small groups are: to increase the number, aiming for both more groups and more people attending from the church and to grow leaders who are growing into confident disciples to lead them.

REV NICKY WONG

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Children’s Church

Children’s ministry continues to be a strong feature of All Hallows Bow. While previously we have looked at school holidays when planning our sessions, we now have Children’s Church sessions on every Sunday except the final Sunday of the month when the family service is linked to children’s animation films. The children come to All Hallows knowing they are welcome, loved and a valuable part of our church family.

The welcome which is an integral part of All Hallows Bow life and mission extends to visitors to our church. We welcome children visiting with their families.

While we continue to have a mainly craft focus in our sessions, occasionally, we form the sessions differently involving drama, role play or games.

We encourage our children to think about the wider world and our community. Two sessions in particular have focussed on this:

We have a regular group of volunteers who support the sessions. Generally, these are led by me or Katrin. I was pleased when Yasmin led a session for the first time. Her enthusiasm for the children is an asset to the team.

During the PCC day, we prayed for the 11 - 14 group. Since December, we have had two sessions a month for this group of young people. Initially, I organised these sessions. We had four volunteers who worked in pairs to lead the sessions. This has allowed the young people to have deeper discussions relevant to their age and for them to be engaged in scripture and the teachings of Jesus.

Since Lou has returned from maternity leave, she has taken on the organisation of this group. Scripture Union resources were purchased by the church to use with the young people.

I was pleased when Carissa requested volunteering with children’s church as part of her Duke of Edinburgh activities. She proved to be an asset to the groups, working with some of the youngest members and encouraging their participation.

The children have ownership of the outcomes of the sessions and now tell the church family what they have learnt and describe the activity. They also write a prayer to share with the church family.

We like to promote what we have done on the church’s social media sites. With attention to safeguarding, any photos posted are of hands completing the craft activity. No children can be identified from the photos, Hayley manages the posts on our behalf.

I continue to appreciate the prayers of our family for the work with children and feel blessed to be trusted with this valuable part of our mission. Our children are great and a valuable part of our church community.

Matthew 19:14

AMANDA CLEGG

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Fern Street Family Centre

In 2023 we welcomed a new Centre Manager and a new ESOL tutor as maternity cover, behind the scenes we also welcomed 2 new members to the steering group, so a lot of catching up had to be done. With much grace the team stepped up to the challenge and achieved some incredible outcomes for families and children in our community. At least 472 family members (217 children and 255 parents) were directly involved in our activities, with many more benefiting indirectly.

30 parents and babies attended our baby massage courses and through our early years programme including Little Explorers which successfully piloted this year, 107 babies and toddlers accessed our quality early learning and play activities, laying vital foundations for a positive future. We are pleased to report that 100% of surveyed families reported a significant improvement in parent-child relationship and better able to support their child’s learning and development after attending our sessions. We also made an official partnership with Tower Hamlets Family Hubs Network: formally joining helps provide

joined up support for families with children in the Northeast of London. 28 families with 60 children accessed our food pantry, designed to enable local families with chronically low incomes to access fresh fruit and vegetables, dry goods, toiletries, and cleaning products. We took trips to the London Transport Museum and the Natural History Museum and thanks to funding from London Borough of Tower Hamlets and Action for Bow were able to hold a clue-solving Spy Kids holiday club for 39 local children from low-income families. We travelled to Westminster, around Bow and visited the Twist Museum in Oxford Street to find and stop the terrible Dr. Fern Slayer from taking over the world!

Our Children and Families Outreach Lead delivered 119 hours of one-on-one support and advice to a further 19 vulnerable families with 32 children being affected, helping to overcome complex relational issues and build strong healthy families.

Before going on maternity "This group has given me confidence in leave, our ESOL and my postpartum body and helped me to Wellbeing Lead hosted 8 enjoy exercise again.” mums with their babies for

a popular 6-week post-natal workout class “Mummy & Me” as well as running another “Active Woman” course helping introduce 14 local migrant women to a range of different sports including cycling, climbing and weightlifting. As well as improving physical health, 100% reported the course made a significant different in their confidence and feeling more connected with the community.

88 migrant women participated in our ESOL programme this year. We delivered 4 classes for mixed abilities, and this proved highly popular as one of the only local providers of pre-entry level tutoring. In feedback surveys, a significant improvement was reported by respondents in their language skills (88%), feeling more integrated in society (94%) and feeling more connected and supported (88%).

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We receive a huge amount of support from our community partners and volunteers which enables local families to engage with out support in a safe and fun environment. Thanks to Volunteer Centre Tower Hamlets, Queen Mary University, Neighbourly and the members of All Hallows Bow, this year we had over 30 community volunteers

I just wanted to say thank you, without volunteering here I wouldn't have got the job…volunteering has led to something better”

supporting our service delivery from gardening to acting.

AIMEE MUIR

AHB Youth

We had a great time studying the book of Exodus and learning more about the story of Moses. The young people are growing in understanding about not only the story but how it was relevant to us today through the fulfilment of Jesus. We also did a series over summer looking at how we can ‘do the things of faith’ as we explored Richard Fosters spiritual disciplines in creative ways.

There has been tremendous growth in the community of Evolve, beyond being part of a youth group they are a family of people doing sharing stories of life together. We've celebrated people with Krispy Kreme’s, hung out at movie nights and other games and socials were had throughout.

Evolve also got stuck in with more practical elements such as helping to pack some gifts for disadvantaged families with fern St. They also helped decorate church and cafe for Christmas too.

We have been super blessed to have the team grow with the addition of Aimee and Joanna serving weekly and even taking the lead sometimes.

LOUISE CHAVES

Homeless Outreach

The AHB Homeless Outreach continues to offer much needed help to those sleeping on the street and in hostels. We continue to meet every month; this year outreach has been the 2[nd] or 3[rd] week of the month rather than the end of the month as in previous years.

The core team now consists of 4-6 volunteers with another 3-4 volunteers joining us when possible. We continue to serve the Mile End to Brick Lane route as this is where we feel we are most needed, with many people looking forward to our monthly visits.

We have recently had some financial contributions which has allowed us to purchase vital supplies such as bottled water, pot noodles and snacks, as well as the hot drinks we provide every month.

The outreach was recently chosen for sponsorship by the Co-Operative which has been a muchwelcomed development. Through the sponsorship we have received much needed donations however, we are still in need of a good stock of men & women’s warm clothes and shoes (especially men’s trainers).

The Christmas outreach was a great success again this year and we were delighted to hand out our Christmas care packages. The recipients were very grateful for the items and said we bought them a little Christmas spirit which was wonderful to hear.

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MELISSA FENECH

Safeguarding

At All Hallows Bow the safeguarding of our church family and wider community is paramount. We benefit greatly from the advice and training provided from the Diocesan Safeguarding Team and we will continue to seek their ongoing support and knowledge in the future.

Ensuring that all staff and volunteers have access to appropriate training is essential and we aim to provide high quality training for all. Fern Street Family Centre attended a training session for 10 members of staff and volunteers in September, which helps them to continue their excellent work, responding quickly to safeguarding concerns and offering support to some of our vulnerable families within our community.

We have continued to use the Church of England’s Parish Safeguarding Dashboard; this is a helpful tool which highlights areas that as a church, we need to strengthen. This Dashboard also collates information about our safeguarding practice that can then be presented at regular PCC meetings throughout the year.

We aim to provide a safe space for all people to be able to engage with and enjoy church services and activities at All Hallows Bow. A space where each person feels confident and heard when sharing sensitive safeguarding concerns, a space where we look after and safeguard each other, from a place of love rather than judgement.

With regard to the PCC's obligations to safeguard children and vulnerable adults, the members of the PCC confirm that they have complied with their duties under section 5 of the Safeguarding and Clergy Discipline Measure 2016.

If you have any safeguarding concerns please speak to Hayley Collett, Beki Rogers or a member of the staff team.

Finally, a huge thank you to our church family and staff team who strive daily to safeguard well and take care of each other.

HAYLEY COLLETT

Community Outreach Project

October 2023 saw the beginning of a new project in Community Outreach. Our aim is to bring people from the neighbourhood (particularly those struggling with mental health issues and loneliness) into the building to experience God’s peace and love.

We currently run a mindful doodling class (Moodles) on a Tuesday afternoon and have seen it grow steadily since November, with a core group of members and a few people that dip in and out depending on work schedules, weather, and babies.

Wednesday mornings have seen two new small groups commence in the vestry and church. Creating a space for those who cannot make it to evening bible study groups, including an amazing group of new mums with their babies and a group that meet after the school drop off (child free).

Friday afternoons have been filled with fun, chatter, giggles, coffee, and board games as we meet in the café for ahaba Connect. A small group of people coming together, engaging, sharing, and supporting each other, bringing joy into otherwise ordinary and often lonely days.

February half-term was filled with messy painted hands and incredible creations as we opened our doors to the ‘Little Lego Legends’ for a fun filled afternoon of printing and building. Not only did we host

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13 of our regular awesome children (along with their fabulous parents), but we also welcomed 7 new children (four families) to play and eat biscuits with us. This was such a fun-filled and inspiring afternoon. There will be more holiday fun to come.

It has been a great start to the project and a real blessing to see these groups grow and bond. Friendships have been forged and continue to blossom. Being based in the café provides a great opportunity to meet, drink coffee, give support, share the gospel, and pray for people, which has been a personal highlight. We aim to see more people joining and new clubs using the spaces available, including the Saber Guild who made great use of the church space and taught us some vital life-saving light-saber skills in January.

Finally, a huge thank to the café team who have welcomed, watered, and fed us so gracefully.

HAYLEY COLLETT

Racial Justice and Equality Group (RJEG)

Our activities in 2023 were guided by the five-point action plan agreed since 2021 as summarised below.

  1. Education, vision, & theology We supported our church to reflect racial justice in the teachings. We explored ways to educate our community in a way they will understand and receive the message of racial justice and equality.

  2. Structures & governance Ensured we had appropriate church policies that reflect racial equality (e.g., equal opportunities, grievances).

  3. Participation Encouraged and engaged the equal participation of people with disabilities, adults and young people of colour so as to ensure those who participate in church reflect our diverse community, and we are fully inclusive.

  4. Language & terminology We considered ways to express ourselves as a church in a way that is respectful, inclusive, and sensitive to all.

  5. Visibility

We championed racial justice publicly via several outreach events among others. Pupils, teachers and head of one of the local schools (Clara Grant School) enjoyed the Christmas Assembly and our use of a non-white baby Jesus.

Unconscious Bias Training and other Trainings

Our Clergy and staff stayed up to date on their training on unconscious bias, equipping themselves to do God’s work and serve the community without bias knowingly or unknowingly.

Our vicar attended a clergy training where the Diocese of London Racial Justice Priority Group Ten-point Action for Churches were discussed.

We also from time to time recommended to one another books or other useful resources we discover which help us promote racial justice and equality. For example, as we have a large community of Bengalis in our neighbourhood, a member in our group recommended a book by Shabna Begum titled, From Sylhet to Spitalfields: Bengali Squatters in 1970 East London .

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Diocese of London Racial Justice Prayer Bulletin

We regularly received the Diocese of London Racial Justice Prayer Bulletin and pray along for various matters raised.

Dedicated Prayer Sessions for Racial Justice and Equality

The Diocese of London Racial Justice Prayer Network set aside the 22nd of every month as a day in the Diocese for prayer for racial justice and we managed to lead prayer in church to do so when possible.

We also dedicated some of our church’s weekly prayer meetings to specifically pray for racial justice and equality.

Black History Month

We joined other churches in October at St Michael and All Angels Stoke Newington the event tagged Stepney at Prayer to pray for churches as part of activities to mark Black History Month.

Current Affairs

We caught up regularly on events happening around us and the world which impacted on racial justice and equality, and responded as best as we could from time to time, praying about them, as well as learnt from such events where applicable to our service to God.

Welcome Churches

We continued to engage with Welcome Churches to get involved in their work welcoming refugees e.g., refugees from Ukraine and Hong Kong.

RJEG Membership

We agreed to welcome new members to the group whenever we find people who would be interested in joining us and interested in promoting racial justice and equality.

SOBY NONJU

Church Policies

DATA PROTECTION

AHB has a data protection policy in compliance with GDPR (Regulation (EU) 2016/679) legislation. The entirety of this can be read at All Hallows GDPR (www.allhallowsbow.org.uk/gdpr)

GRANT MAKING

The task of deciding how to distribute grants for missions is done by the Rector and Associate Rector, with reference to the Treasurer. Grants are awarded to organisations and church members working in mission based on an evaluation of each case. All giving follows the mission policy of All Hallows Bow, which is the promotion of the Christian gospel in proclamation and social action throughout the world. There are no PCC related trusts.

INVESTMENTS

The church’s endowment investments, both shares and cash, are entrusted to the Diocese of London. Our policy as regards money held for the general fund and under the control of the PCC is to place funds not needed in the near future on deposit.

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RESERVES

The PCC have determined that the charity should aim to hold unrestricted net current assets of no less about 6 months of unrestricted expenditure (2023: £105k / 2022: £101k) so that the charity could continue to operate should income and / or expenditure vary adversely. At the year end, the charity held unrestricted net current assets funds of £116k (2022: £115k) and the charity is complying with its reserves policy.

Where General funds are more than nine months’ general expenditure (based on trailing three-year average), we expect to review our budgets and to consider designating the excess for a particular purpose. The restricted funds of AHB Youth and AHB@Fern Street are managed by the project leaders who aim to ensure their projects are viable for at least a year ahead and who are instrumental in raising additional funds as appropriate. Ahaba restricted fund includes balance sheet items which are not liquid and therefore should be excluded from our reserves position.

RISK ASSESSMENT AND MITIGATION

Risks associated with the operation of the church are reviewed regularly by the Rector and PCC. Policies and procedures are developed as appropriate to mitigate these risks. Areas assessed include risks associated with finance, information, buildings, and contents, employed staff and volunteers, and members of the public. Good financial controls reduce the risks associated with handling money. Church property is protected with security systems, and insurance is held to reduce the impact of any physical loss that may occur. Staff and volunteers are trained in keeping themselves and others safe. As a matter of policy, independent professional advice is taken where appropriate.

CHILD PROTECTION AND ADULT SAFEGUARDING

AHB takes its responsibility to protect and champion the well-being of children, young people, and vulnerable adults very seriously. We will act promptly whenever a concern is raised about a child, young person, or vulnerable adult or about the behaviour of an adult and will work with the appropriate statutory bodies when an investigation into abuse is necessary. We follow safer recruitment procedures and have clear procedures in place to identify, respond to and report concerns. Staff and volunteers receive annual safeguarding training, and our safeguarding policy and procedures are reviewed at least annually.

SUSTAINABILITY

AHB encourages the adoption of sustainable practices in all areas of church life and work. This is our contribution to reducing carbon emissions in response to the climate emergency. Measures taken include recycling, energy audits, encouraging the use of public transport, cycling and walking. In 2020 All Hallows achieved a Bronze Eco Church Award, reflecting the measures already in place. Using the resources and advice given, we aim to work towards Silver in the next few years.

The PCC is responsible for keeping proper accounting records, which disclose, with reasonable accuracy at any time, the financial position of the church, and to enable them to ensure that the financial statements comply with applicable Accounting Standards and Statements of Recommended Practice and the regulations made under the Charities Act 2011. They are also responsible for safeguarding the assets of the church and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

16

Approval

Approved by the PCC of All Hallows Bow and signed on its behalf on by

Cris Rogers The Revd Cris Rogers Rector

2024

17

Parochial Church Council of All Hallows, Bow Accounts for year ending December 2023

Treasurer’s Report

This year has been the first year where we have resumed our activities in a post Covid-19 world. The economic conditions remain challenging with ‘cost of living’ and high energy costs persisting and impacting many of our residents. Regardless of these external pressures we have continued to serve our community, made possible by the generosity of your gifts and grants.

It has been increasingly difficult to secure grants during 2023, and we have engaged with an external fundraiser to support our efforts. Funds at Fern Street have reduced by almost half compared to the prior year and the Fern Street Settlement charity have provided financial support during this financial year. We continue to work tirelessly to secure new grants and the financial position remains under review in line with our reserves policy.

The Ahaba café has seen an improved footfall in 2023 and beyond, which is noted in the increased café takings. This ministry is supported by generous gifts to ensure we continue to serve the local community - great coffee and connections.

Thank you to everyone; our congregation members, grant makers, close friends and all who have supported us financially in 2023. We are incredibly thankful for this and continue to trust that the Lord will supply our every need going forward; we’re excited to see what God has in store for us next.

GENERAL FUND: Total income was £147k in the year to 31 December 2023, broadly equivalent to 2022. Regular giving from individuals decreased in year to £96k (2022 £107k), however an increase in one-off gifts and grants supported overall income. Total General Fund expenditure, which is reflective of the continued activities of the church, increased by £10k to £145k as staff and energy costs have continued to factor due to inflation. In anticipation, we reduced the Common Fund contribution by £5k vs 2022. Other expenditure was in line with expectations and prior year. The net effect of the above resulted in the General Fund recording a surplus for the year of £1.5k (2022: £6k), and funds carried forward are £117k (2022: £116k).

ENDOWMENT FUNDS: The investments referred to as the ‘Table Fund’ decreased £6k following revaluation of the investments. Dividends and interest from the fund are restricted for general maintenance of the church buildings.

RESTRICTED FUNDS: recorded total income and expenditure of £243k and £278k, respectively, in the year to 31 December 2023. Income was lower than 2022 (from £321k), with expenditure also reducing (from £300k in 2022). In terms of the underlying movements, the main constituents were as follows:

18

Parochial Church Council of All Hallows, Bow Accounts for year ending December 2023

The result of these movements, as well as other smaller balances (for which more detail can be found in notes of the accounts), is that the Restricted funds generated a deficit of £35k in the year. There was sufficient cashflow to maintain the reserves policy.

PLANS FOR FUTURE PERIODS

The short- and medium- term plan is to continue with supporting the same objectives and activities.

THE PCC'S RESPONSIBILITIES IN RELATION TO THE FINANCIAL STATEMENTS

Charity law requires the Parochial Church Council (PCC) to prepare a statement of financial activities and statement of assets and liabilities for each financial year, which gives a true and fair view of the state of affairs of the church and of its financial activities for that year and adequately distinguishes any material special trust or other restricted fund of the church. In preparing those financial statements the PCC is required to:

• State whether the policies adopted are in accordance with the appropriate Statements of Recommended Practice (SORPs) on Accounting by Charities and the Accounting Regulations and with applicable accounting standards, subject to any material departures disclosed and explained in the financial statements;

The PCC is responsible for keeping proper accounting records which disclose, with reasonable accuracy at any time, the financial position of the church, and to enable them to ensure that the financial statements comply with applicable Accounting Standards and Statements of Recommended Practice and the regulations made under the Charities Act 2011. They are also responsible for safeguarding the assets of the church and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Approved by the PCC of All Hallows Bow and signed on its behalf on 14th Oct 2024 by:

Emma King

Emma King Treasurer

19

INDEPENDENT EXAMINER'S REPORT

TO THE MEMBERS OF THE PAROCHIAL CHURCH COUNCIL OF

THE PARISH OF ALL HALLOWS CHURCH, BROMLEY BY BOW ('the Charity')

I report to the members of the PCC (who are also the charity's trustees) on my examination of the accounts of the Charity for the year ended 31 December 2023 on pages 21 to 35 following, which have been prepared on the basis of the accounting policies set out on pages 23 to 26.

Responsibilities and basis of report

As members of the PCC you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).

I report in respect of my examination of the Charity’s accounts carried out under section 145 of the Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiner’s statement

Since the Charity’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales, 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 examination giving me cause to believe:

  1. accounting records were not kept in respect of the Charity as required by section 130 of the Act; or

  2. the accounts do not accord with those records; or

  3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair' view which is not a matter considered as part of an independent examination.

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Lisa Darby FCA Institute of Chartered Accountants in England and Wales Stewardship 1 Lamb's Passage London EC1Y 8AB

Date: 14th Oct 2024

Page 20

THE PARISH OF ALL HALLOWS CHURCH, BROMLEY BY BOW

STATEMENT OF FINANCIAL ACTIVITIES

FOR THE YEAR ENDED 31 DECEMBER 2023

Note
INCOME AND ENDOWMENTS FROM:
Donations and legacies
3
Charitable activities
4
Investments
5
Other income
6
Total income and endowments
EXPENDITURE ON:
Charitable activities
7
Raising funds
8
Total expenditure
Net gains/(losses) on investments
Net income/(expenditure)
Transfers between funds
17
Net movement in funds
Reconciliation of funds:
Total funds brought forward
Total funds carried forward
17		 Unrestricted
Funds
£
138,749
1,899
816
5,376
146,840
145,236
-
145,236
-
1,604
-
1,604
115,824
117,428		 Restricted
Funds
£
180,158
47,102
6,164
9,723
243,148
278,213
-
278,213
192
(34,873)
-
(34,873)
666,410
631,537		 Endowment
Funds
£
-
-
-
-
-
-
-
-
(5,613)
(5,613)
-
(5,613)
110,470
104,857		 Total
Funds
2023
£
318,907
49,001
6,981
15,099
389,988
423,449
-
423,449
(5,421)
(38,882)
-
(38,882)
892,704
853,822		 Total
Funds
2022
£
404,779
46,636
5,402
8,337
465,154
434,605
600
435,205
(12,428)
17,522
-
17,522
875,182
892,704

The statement of financial activities includes all gains and losses recognised in the year.

All income and expenditure derive from continuing operations.

The notes on page 23-34 form part of these accounts.

Page 21

THE PARISH OF ALL HALLOWS CHURCH, BROMLEY BY BOW

BALANCE SHEET

AS AT 31 DECEMBER 2023

Note
FIXED ASSETS
Tangible assets
10
CURRENT ASSETS
Stock
11
Debtors
12
Investments
13
Cash at bank and in hand
14
CREDITORS: Amounts falling
due within one year
15
Net current assets / (liabilities)
TOTAL NET ASSETS
FUND BALANCES
17
Unrestricted Funds
General funds
Designated funds
Restricted Funds
Endowment Funds		 Unrestricted
Funds
£
1,869
1,869
-
20,118
-
103,440
123,558
(7,997)
115,561
117,428
117,428
-
117,428
-
-
117,428		 Restricted
Funds
£
435,304
435,304
160
17,915
2,215
180,438
200,728
(4,495)
196,233
631,537
-
-
-
631,537
-
631,537		 Endowment
Funds
£
-
-
-
-
104,857
-
104,857
-
104,857
104,857
-
-
-
-
104,857
104,857		 Total
Funds
2023
£
437,173
437,173
160
38,033
107,072
283,878
429,143
(12,493)
416,650
853,822
117,428
-
117,428
631,537
104,857
853,822		 Total
Funds
2022
£
443,032
443,032
-
117,217
112,493
233,166
462,876
(13,204)
449,672
892,704
115,824
-
115,824
666,410
110,470
892,704

The financial statements were approved by the members of the PCC and were signed on its behalf by:

--------------------------------------REV. CRIS ROGERS Date: ____14th Oct 2024

Charity number: 1153020

The notes on page 23-34 form part of these accounts.

THE PARISH OF ALL HALLOWS CHURCH, BROMLEY BY BOW

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2023

1 Statutory Information

The Parochial Church Council of All Hallows Church, Bromley by Bow is a charity registered with the Charity Commission in England & Wales. The charity's registered number and principal address can be found on the Charity Information page.

2 Accounting Policies

These financial statements are prepared on a going concern basis, under the historical cost convention as modified by the revaluation of certain assets, which are measured at fair value through the Statement of Financial Activities. The financial statements include all activities for which the PCC is legally responsible; the activities of informal gatherings of church members and groups that owe their main affiliation to another body and are excluded.

These financial statements have been prepared in accordance with The Church Accounting Regulations 2006, the 'Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)' ("the Charities SORP"), with the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland ("FRS 102") and with the Charities Act 2011. The charity meets the definition of a public benefit entity as set out in FRS 102.

The Charities (Accounts and Reports) Regulations 2008 (the '2008 Regulations') requires charities to prepare their accounts in accordance with 'Accounting and Reporting by Charities: Statement of Recommended Practice effective from 1 April 2005' but this accounting standard has since been withdrawn and has been replaced by the Charities SORP mentioned in the preceding paragraph. The charity has prepared these financial statements in accordance with the new Charities SORP; this departure from the 2008 Regulations is believed to be necessary for these financial statements to give a 'true and fair view'.

The principles adopted in the preparation of the financial statements are set out below.

a) Going concern

The PCC have assessed whether the use of the going concern basis is appropriate and have considered possible events or conditions that might cast significant doubt on the ability of the charity to continue as a going concern. The PCC have made this assessment for a period of at least one year from the date of approval of the financial statements. In particular the PCC have considered the charity's forecasts and projections and the possible implications should projected income and / or expenditure vary unexpectedly. The PCC have concluded that there is a reasonable expectation that the charity has adequate resources to continue to operate for the foreseeable future. The charity therefore continues to adopt the going concern basis in preparing its financial statements.

b) Income

Income (which includes planned giving, collections and other donations) is recognised in the period in which the charity becomes entitled to receipt, the amount receivable can be measured with reasonable certainty, and receipt is probable. For the most part income is generally recognised when it is received by, or on behalf of, the PCC. Income is only deferred when the charity has to fulfil conditions before becoming entitled to it or where the donor has specified that the income is to be expended in a future period.

Page 23

THE PARISH OF ALL HALLOWS CHURCH, BROMLEY BY BOW

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2023

2 Accounting Policies

Income from donations and legacies includes:

The charity relies on volunteers to carry out many of its activities. However, in accordance with the SORP, the value of these services has not been included in these financial statements as they cannot be reliably measured.

When donated goods, services and facilities are distributed or consumed, an expense in respect of those items is included in the Statement of Financial Activities. At the year end any goods that have not been distributed or consumed are recognised as stock; donated fixed assets are capitalised.

Income from charitable activities represents income receivable from goods, services and facilities supplied in furtherance of the charity's charitable objects. It includes income from church retreats, events and the Ahaba café.

Investment income represents income generated by the charity's assets and includes income from endowment investments referred to as the Table Fund.

Other income includes gains arising from the disposal of tangible fixed assets and the proceeds of insurance claims.

c) Expenditure

Expenditure, including irrecoverable VAT, is recognised when it is incurred or, if earlier, when a legal or constructive obligation for a payment arises provided that it is probable that settlement will be required and the amount of the obligation can be measured reliably.

Contributions in respect of the diocesan parish share are included in the Statement of Financial Activities for all amounts agreed to being payable for the financial year. Any contributions that have not been paid over by the year end are included as a creditor.

The charity makes grants to other institutions and individuals to further its charitable objectives. Grants payable are recognised as constructive obligations arise, which is generally when the charity expresses a commitment to the recipient that can be measured reliably and then only to the extent that any conditions associated with the grant are outside of the control of the charity.

Expenditure on raising funds comprises the costs incurred on commercial trading activities, fundraising and managing investments.

Governance costs, which are included in expenditure on charitable activities but are identified separately in the notes to the accounts, includes costs associated with the independent examination of the financial statements, compliance with constitutional and statutory requirements and any other expenditure incurred on the strategic management of the charity.

d) Fund accounting

General funds are unrestricted funds which are available for use at the discretion of the PCC in furtherance of the general objectives of the charity. Designated funds comprise unrestricted funds that have been set aside by the PCC for particular purposes. Restricted funds are donations which are to be used in accordance with specific restrictions imposed by donors; they include donations received from appeals for specific activities or projects. Endowment funds are donations that are retained as capital in accordance with the donor's wishes. The nature of the restriction determines whether the endowments represent permanent endowments or expendable endowments.

Page 24

THE PARISH OF ALL HALLOWS CHURCH, BROMLEY BY BOW

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2023

2 Accounting Policies

e) Tangible fixed assets

Consecrated and beneficed property is not included in these financial statements by virtue of s.10(2) of the Charities Act 2011. All expenditure on consecrated or beneficed buildings is written off in the year in which it is incurred.

Movable church furnishings held by the incumbent and Churchwardens on special trust for the PCC and which require a faculty for disposal are capitalised in accordance with the policy set out below. These items are regarded as inalienable property and are listed in the church's inventory which can be inspected at any reasonable time. Inalienable property acquired prior to 2000 has not been capitalised as there is insufficient cost information available.

The church halls and certain clergy accommodation are held in trust by the Diocese on behalf of the PCC. These properties are essential for the mission of the church and have been in use for many years but they have not been included in these financial statements as there is insufficient cost information and their depreciated cost is unlikely to be material.

Items purchased or donated for the charity's own use are capitalised when the cost of purchased items, or the fair value of donated items, is more than £500 and the item is expected to benefit the charity over more than one accounting period. Depreciation is charged on a straight line basis so as to write down the value of each asset to its estimated residual value (if any) over its expected useful economic life. To achieve this objective the following rates of depreciation are charged:

Freehold land Is not depreciated (because it is not consumed by use) Freehold buildings Over 50 years after taking account of the building's residual value Leasehold improvements Over the lease term or, if shorter, expected useful life Equipment Over 3 to 7 years

The carrying values of tangible fixed assets are reviewed for impairment in periods when events or changes in circumstances indicate that the carrying value may not be recoverable.

f) Investments

Fixed asset investments are held to generate income and / or for their investment potential. Current asset investments are investments that are held specifically for sale or are investments that the charity expects to sell by the next balance sheet date. Investments, other than social investments (see below), are valued as follows:

Social investments are investments where the primary motive is to further the charity's objects, not to generate an investment return. Social investments comprise :

Mixed motive investments are investments that are held both to generate a financial return and to contribute to the furtherance of the charity's objects.

Impairment losses and losses arising on the disposal of social investments are included in the Statement of Financial Activities under the heading 'Expenditure on charitable activities'. Gains arising on the disposal of social investments are included in the Statement of Financial Activities under the heading 'Other income'. All other gains and losses on investment assets are included in the Statement of Financial Activities under the heading 'Net gains / (losses) on investments'.

g) Stocks

Stocks of goods purchased for re-sale are stated at the lower of cost and net realisable value. Stocks of donated items held for distribution to beneficiaries are measured at fair value; stocks of goods donated for the charity's own use are valued at an estimate of their value to the charity.

Page 25

THE PARISH OF ALL HALLOWS CHURCH, BROMLEY BY BOW

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2023

2 Accounting Policies

h) Pension scheme arrangements

The charity operates defined contribution pension schemes for its employees. Obligations for contributions to these schemes are recognised as an expense when the liability arises. The assets of these schemes are held separately from those of the charity in independently administered funds.

The charity also contributes to the Church Workers Pension Fund, which is a multi-employer defined benefits pension scheme as described in Section 28 of FRS 102. The charity is not able to identify its share of the Scheme's assets and liabilities and, therefore, as permitted by FRS 102, the Scheme is accounted for as if it were a defined contribution pension scheme. Contributions to the Scheme are charged to the Statement of Financial Activities as they become payable. Futher information about the Scheme is disclosed in note 16 'Pension Commitments'.

i) Taxation

k) Exemption from preparing a cashflow statement

The charity has taken advantage of an exemption conferred by the Charities SORP and has not prepared a cash flow statement.

l) Critical accounting estimates and areas of judgement

3 Donations and legacies

3
Donations and legacies
Donations of cash and similar
Government grants (note 3b)
Other grants receivable
Income tax recoverable
b
Kick Start grants
Government grants comprise:		 2023
£
162,324
-
129,974
26,608
318,907
2023
£
-
-		 2022
£
147,810
7,766
226,906
22,297
404,779
2022
£
7,766
7,766

Page 26

THE PARISH OF ALL HALLOWS CHURCH, BROMLEY BY BOW

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2023

4 Income from charitable activities

Church activities and events
Hall hire
AHABA Café Income
5
Investment income
Dividends and interest
6
Other income
Insurance claims
7
Charitable expenditure
a
Costs incurred directly on specific activities
Ministry expenses:
Common Fund
Staff employment costs
Clergy expenses
Other ministry expenses
Upkeep of services
Property expenses:
Operational costs for church & church hall
Major repairs to church & church hall
Operational costs for other PCC property (AHABA Café)
Grants payable (note 8c)		 2023
£
2,280
474
46,247
49,001
2023
£
6,981
6,981
2023
£
15,099
15,099
2023
£
65,000
191,948
56,538
10,198
6,325
330,009
31,636
15,182
15,407
62,225
6,349
398,583		 2022
£
1,873
-
44,763
46,636
2022
£
5,402
5,402
2022
£
8,337
8,337
2022
£
70,000
215,553
29,888
15,442
5,062
335,945
20,472
22,700
21,441
64,614
9,919
410,477

Page 27

THE PARISH OF ALL HALLOWS CHURCH, BROMLEY BY BOW

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2023

7 Charitable expenditure (continued)

b
Costs incurred on support & administration
Governance costs
Independent examiner's fee
Other
Printing, postage and stationery
Subscriptions and professional fees
Other administration costs
Bank fees and charges
Depreciation of tangible fixed assets
Insurance
Total expenditure		 4,200
600
4,800
2,039
695
7,666
320
6,658
2,688
24,866
423,449		 3,120
-
3,120
3,154
715
7,628
456
6,554
2,501
24,128
434,605

Total expenditure

The fee payable to the independent examiner for preparing and examining the accounts was £4,200 (2022: £3,120 for examination only); in addition the charity paid £600 (2022: £nil) to Stewardship for additional accountancy services.

c Grants payable

Grants to support church members
The comparatives for the previous year are as follows:
Grants to support church members
Cost of raising funds
Fundraising costs		 Institutions
£
-
-
Institutions
£
-
-		 Individuals
£
6,349
6,349
Individuals
£
9,919
9,919
2023
£
-
-		 2023
£
6,349
6,349
2022
£
9,919
9,919
2022
£
600
600

8 Cost of raising funds

9 Analysis of staff costs, the cost of key management personnel and trustee remuneration and expenses

The average monthly number of employees during the year was 12 (2022: 11). Most of the charity's activities are carried out by volunteers.

No staff received salaries at a rate of more than £60,000 per annum.

The charity's key management comprise the members of the PCC and the key staff named on the Charity Information page. Total employment benefits payable to key management for the year were as follows:

Rev Cris Rogers, Rev Beki Rogers and Rev Raff Chaves (who are clergy members of the PCC) receive stipends from the Diocese and so they are not employees; some of the contributions to the Common Fund paid to the Diocese is used to help meet the cost of these stipends. Rev Cris Rogers, Rev Beki Rogers and Rev Raff Chaves were provided with accommodation (which is customary for clergy) and the cost of this accommodation to the PCC is included in note 6 'Charitable Expenditure'. The charity also reimbursed expenses to Rev Cris Rogers and Rev Raff Chaves; again these costs are included in note 7 'Charitable Expenditure'.

No other member of the PCC received employment benefits in either the current or preceding year.

Page 28

THE PARISH OF ALL HALLOWS CHURCH, BROMLEY BY BOW

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2023

10 Tangible fixed assets

Cost
At 1 January 2023
Additions
At 31 December 2023
Accumulated depreciation
At 1 January 2023
Charge for the year
At 31 December 2023
Net book value
At 31 December 2023
At 31 December 2022		 Freehold
Property
£
428,445
428,445
-
428,445
428,445		 Fixtures,
fittings and
equipment
£
41,093
799
41,892
26,506
6,658
33,164
8,728
14,587		 Total
2023
£
469,538
799
470,337
26,506
6,658
33,164
437,173
443,032

The Ahaba Cafe building has not been revalued, it's carrying value at historical cost of £428,445

11 Stock

Purchased for re-sale, at cost
12
Debtors
Tax recoverable
Other debtors
Prepayments and accrued income
13
Current asset investments
Table Fund, Investments
Development Fund, Investments
Table Fund, Cash equivalent deposits
14
Cash at Bank and in Hand
Cash at bank with immediate access
Notice deposits (with a term of three months or less)
Petty cash		 2023
£
160
160
2023
£
27,200
10,833
-
38,033
2023
£
85,857
2,215
19,000
107,072
2023
£
262,652
20,976
250
283,878		 2022
£
-
-
2022
£
49,009
2,635
65,573
117,217
2022
£
91,470
2,023
19,000
112,493
2022
£
217,705
15,261
200
233,166

Page 29

THE PARISH OF ALL HALLOWS CHURCH, BROMLEY BY BOW

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2023

15 Creditors: liabilities falling due within one year

itors: liabilities falling due within one year
Trade creditors
Taxation and social security
Other creditors
Accruals
Deferred income		 2023
£
6,423
-
1,070
4,200
800
12,493		 2022
£
5,863
3,147
1,074
3,120
-
13,204

16 Pension commitments

The Church Workers Pension Fund (CWPF)

The PCC participates in the Pension Builder Scheme section of CWPF for lay staff. The Scheme is administered by the Church of England Pensions Board, which holds the assets of the schemes separately from those of the PCC and the other participating employers.

The Church Workers Pension Fund has a section known as the Defined Benefits Scheme, which comprises a deferred annuity section known as Pension Builder Classic and a cash balance section known as Pension Builder 2014.

Pension Builder Classic provides a pension for members for payment from retirement, accumulated from contributions paid and converted into a deferred annuity during employment based on terms set and reviewed by the Church of England Pensions Board from time to time. Bonuses may also be declared, depending upon the investment returns and other factors.

Pension Builder 2014 is a cash balance scheme that provides a lump sum that members use to provide benefits at retirement. Pension contributions are recorded in an account for each member. This account may have bonuses added by the Board before retirement. The bonuses depend on investment experience and other factors. There is no requirement for the Board to grant any bonuses. The account, plus any bonuses declared, is payable from members’ Normal Pension Age.

There is no sub-division of assets between employers in each section of the Pension Builder Scheme. The scheme is considered to be a multi-employer scheme as described in Section 28 of FRS 102. This is because it is not possible to attribute the Pension Builder Scheme’s assets and liabilities to specific employers and contributions are accounted for as if the Scheme were a defined contribution scheme. The pension contributions payable for the year, which have been charged to the Statement of Financial Activities, were £11,341 (2022: £11,088).

A valuation of the Pension Builder Scheme is carried out once every three years. The most recent valuation was carried out as at 31 December 2022.

For the Pension Builder Classic section, the valuation revealed a surplus of £34.8m on the ongoing assumptions used. At the most recent annual review effective 1 January 2024, the Board chose to grant a discretionary bonus of 6.7% to both pensions not yet in payment and pensions in payment in respect of service prior to April 1997; and a bonus on pensions in payment in respect of post April 2006 service so that the pension increase was 5% (where usually it would be calculated based on inflation up to 2.5%). This followed improvements in the funding position over 2023. There is no requirement for deficit payments at the current time.

For the Pension Builder 2014 section, the valuation revealed a surplus of £8.5m on the ongoing assumptions used. There is no requirement for deficit payments at the current time.

The legal structure of the Scheme is such that if another employer fails, the PCC could become responsible for paying a share of that employer’s pension liabilities.

Page 30

THE PARISH OF ALL HALLOWS CHURCH, BROMLEY BY BOW

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2023

16 Pension commitments (continued)

Summary of pension contributions payable for year:

The charity's pension contributions were as follows

Church Worker's Pension Fund (see above)
contributions payable for year
Pension contributions to defined contribution schemes
Summary of pension liabilities at the year end:
The charity's pension liabilities at the end of the year were as follows:
in respect of defined benefit pension arrangements:
Church Workers' Pension Fund
in respect of defined contribution pension arrangements		 2023
£
11,341
97
11,438
2023
£
1,070
-
1,070		 2022
£
11,088
1,597
12,685
2022
£
806
269
1,074

17 Funds

During the year the movements in the charity's funds were as follows:

General Unrestricted Funds
Total Unrestricted Funds		 Opening
balance
2023
£
115,824
115,824		 Incoming
resources
2023
£
146,840
146,840		 Outgoing
resources
2023
£
(145,236)
(145,236)		 Transfers
in the year
2023
£
-
-		 Gains and
losses
2023
£
-
-		 Closing
balance
2023
£
117,428
117,428

Page 31

THE PARISH OF ALL HALLOWS CHURCH, BROMLEY BY BOW

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2023

17 Funds (continued)

Restricted Funds
Fern Street Settlement
Fern Street: Nationwide
AHB Youth
AHABA Café
Friends of All Hallows
Grants for outreach
Little Cherubs
Our Fathers House
Development Fund
Grocers Trust
HTB church family events
Church Revitalisation Trust
Mustard Seed
Endowment Funds
Permanent
Table Fund
Expendable
Table Fund
Aggregate of funds		 114,642
35,500
21,178
459,814
6,902
5,000
239
545
18,028
1,447
3,115
-
-
666,410
91,470
19,000
110,470
892,704		 85,059
-
11,070
63,905
3,167
-
-
5,522
5,777
2,000
-
53,813
12,836
243,148
-
-
-
389,988		 (111,194)
(21,172)
(7,866)
(75,637)
(1,780)
-
-
(1,630)
(1,782)
(1,788)
-
(53,925)
(1,438)
(278,213)
-
-
-
(423,449)		 -
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-		 -
-
-
-
-
-
-
-
192
-
-
-
-
192
(5,613)
-
(5,613)
(5,421)		 88,507
14,328
24,381
448,082
8,288
5,000
239
4,437
22,214
1,658
3,115
(112)
11,398
-
631,537
85,857
19,000
104,857
853,822

Analysis of net assets by fund

The assets and liabilities of the various funds were as follows:

Tangible fixed assets
Stock
Debtors
Investments held as current assets
Cash at bank and in hand
Creditors falling due within one year		 General
Designated
funds
funds
£
£
1,869
-
-
-
20,118
-
-
103,440
-
(7,997)
-
117,428
-
Unrestricted Funds		 Restricted
funds
£
435,304
160
17,915
2,215
180,438
(4,495)
631,537		 Endowment
funds
£
-
-
-
104,857
-
-
104,857		 2023
£
437,173
160
38,033
107,072
283,878
(12,493)
853,823

Page 32

THE PARISH OF ALL HALLOWS CHURCH, BROMLEY BY BOW

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2023

17 Funds (continued)

In the previous year the movements in the charity's funds were as follows:

General Unrestricted Funds
Total Unrestricted Funds
Restricted Funds
Fern Street Settlement
Fern Street: Nationwide
AHB Youth
AHABA Café
Friends of All Hallows
Grants for outreach
Little Cherubs
Our Fathers House
Development Fund
Grocers Trust
HTB church family events
Church Revitalisation Trust
Acts 435
Endowment Funds
Permanent
Table Fund
Expendable
Table Fund
Aggregate of funds		 Opening
balance
2022
£
109,685
109,685
97,419
-
25,936
484,251
2,725
15,000
239
-
12,476
1,708
3,115
-
-
642,869
103,629
19,000
122,629
875,183		 Incoming
resources
2022
£
144,245
144,245
156,388
35,500
6,286
63,217
6,250
-
-
1,974
26,310
2,000
-
21,369
1,615
320,909
-
-
-
465,154		 Outgoing
resources
2022
£
(135,460)
(135,460)
(139,165)
-
(16,044)
(92,654)
(2,073)
-
-
(1,429)
(22,781)
(2,261)
-
(21,510)
(1,827)
(299,745)
-
-
-
(435,205)		 Transfers
in the year
2022
£
(2,645)
(2,645)
-
-
5,000
5,000
-
(10,000)
-
2,292
-
141
212
2,645
-
-
-
-		 Gains and
losses
2022
£
-
-
-
-
-
-
-
-
-
-
(269)
-
-
-
-
(269)
(12,159)
-
(12,159)
(12,428)		 Closing
balance
2022
£
115,824
115,824
114,642
35,500
21,178
459,814
6,902
5,000
239
545
18,028
1,447
3,115
-
-
666,410
91,470
19,000
110,470
892,704

Page 33

THE PARISH OF ALL HALLOWS CHURCH, BROMLEY BY BOW

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31 DECEMBER 2023

17 Funds (continued)

Analysis of net assets by fund

In the previous year, the assets and liabilities of the various funds were as follows:

ysis of net assets by fund
e previous year, the assets and liabilities of the		 various funds were as follows: various funds were as follows:
Unrestricted Funds
General Designated Restricted Endowment
funds funds funds funds 2022
£ £ £ £ £
Tangible fixed assets 573 - 442,459 - 443,032
Debtors 46,147 - 71,070 - 117,217
Investments held as current assets - - 2,023 110,470 112,493
Cash at bank and in hand 73,476 - 159,690 - 233,166
Creditors falling due within one year (4,372) - (8,832) - (13,204)
115,824 - 666,410 110,470 892,704

18 Operating lease commitments

The charity has an operating lease for a residential flat used by clergy. The minimum amount payable (until the next break clause and ignoring the potential effect of future rent reviews) in respect of this lease is as follows:

and ignoring the potential effect of future rent reviews) in respect of this lease is as follows:
Within one year
Between one and five years
After five years
Payments falling due:		 2023
£
33,600
23,333
-
56,933		 2022
£
-
-
-
-

During the year the charity was charged £11,200 (2022: £nil) for its operating lease.

19 Transactions with related parties

During the year the charity:

During the year the charity also made the following payments to, or for, related parties:

Except as disclosed in note 9 'Analysis of staff costs', there have been no other transactions with related parties during the year.

Page 34

THE PARISH OF ALL HALLOWS CHURCH, BROMLEY BY BOW

DETAILED STATEMENT OF FINANCIAL ACTIVITIES WITH COMPARATIVES

FOR THE YEAR ENDED 31 DECEMBER 2023

Note
INCOME AND ENDOWMENTS FROM:
Donations and legacies
3
Charitable activities
4
Investments
6
Other income
7
Total income and endowments
EXPENDITURE ON:
Charitable activities:
8
Raising funds
9
Total Expenditure
Net gains/(losses) on investments
Net income/(expenditure)
Transfers between funds
26
Net movement in funds
Reconciliation of funds:
Total funds brought forward
Total funds carried forward
26		 General
2023
£
138,749
1,899
816
5,376
Unrestric		 Unrestric Designated
2023
£
-
-
-
-
ted funds		 Restricted
2023
£
180,158
47,102
6,164
9,723		 Endowment
2023
£
-
-
-
-		 Total
2023
£
318,907
49,001
6,981
15,099
389,988
423,449
-
423,449
(5,421)
(38,882)
-
(38,882)
892,704
853,822		 General
2022
£
143,227
642
249
127
144,245
135,460
-
135,460
-
8,785
(2,645)
6,139
109,685
115,824
Unrestric		 Unrestric Designated
2022
£
-
-
-
-
-
-
-
-
-
-
-
-
-
ted funds		 Restricted
2022
£
261,552
45,994
5,154
8,210		 Endowment
2022
£
-
-
-
-		 Total
2022
£
404,779
46,636
5,402
8,337
465,154
434,605
600
435,205
(12,428)
17,522
-
17,522
875,182
892,704
146,840 - 243,148 - 320,910 -
145,236
-		 -
-		 278,213 -
-		 299,145
600		 -
-
145,236 - 278,213 - 299,745 -
- - 192 (5,613) (269) (12,159)
1,604
-		 -
-		 (34,873)
-		 (5,613)
-		 20,896
2,645		 (12,159)
-
1,604
115,824		 -
-		 (34,873)
666,410		 (5,613)
110,470		 23,541
642,868		 (12,159)
122,629
117,428 - 631,537 104,857 666,410 110,470

Page 35