ST ALPHAGE CHURCH, BURNT OAK WITH ST AUGUSTINE'S CHURCH, GRAHAME PARK
| Statement of Financial Activites | |||||||
|---|---|---|---|---|---|---|---|
| For theyear ended 31 December 202 | 3 | ||||||
| Notes | Unrestricted Funds | Designated | Restricted | Total | Total | ||
| St Alphage & | funds | funds | 2023 | 2022 | |||
| St Augustines | **St A & St AG ** | St A & St AG | |||||
| £ | £ | £ | £ | £ | |||
| INCOMING RESOURCES | |||||||
| Voluntary resources | 2a | 47,502 | 840 | 48,342 | 50,366 | ||
| Activities andgrants | 2b | 10,435 | 21,731 | 32,166 | 10,039 | ||
| Income from Charitable and | |||||||
| Ancillary trading | 2c | 1,542 | 64,683 | 66,225 | 77,330 | ||
| Other Ordinary resources | 2d | 350 | 350 | 548 | |||
| Income from investments | 2e | 852 | 852 | 413 | |||
| Income from Hall | 2f | 52,849 | 52,849 | 33,000 | |||
| TOTAL INCOMING RESOURCES | 112,678 | 65,535 | 22,571 | 200,784 | 171,696 | ||
| RESOURCES USED | |||||||
| Activites directly relating | |||||||
| to church buildings inc no 18 and | |||||||
| hall expenses | 3a | 102,521 | 73,284 | 7,566 | 183,371 | 175,390 | |
| Cost of fund raising and | |||||||
| publicity | 3b | 1,208 | 1,208 | 254 | |||
| Grants made to other organisations | |||||||
| Charity giving | 3c | 60 | 60 | 342 | |||
| TOTAL EXPENDITURE | 103,789 | 73,284 | 7,566 | 184,639 | 175,986 | ||
| NET MOVEMENT IN FUNDS | 8,889 | (7,749) | 15,005 | 16,145 | (4,290) | ||
| AS AT 1JANUARY 2023 | 1,365,497 | 43,992 | 29,180 | 1,438,669 | 1,442,959 | ||
| AS AT 31 DECEMBER 2023 | 1,374,386 | 36,243 | 44,185 | 1,454,814 | 1,438,669 |
Page 8
ST ALPHAGE CHURCH, BURNT OAK WITH ST AUGUSTINES CHURCH, GRAHAME PARK
BALANCE SHEET AS AT 31 DECEMBER 2023
| Note FIXED ASSETS Tangible fxed assets 4a CURRENT ASSETS Short term deposits 5 Cash at bank and in hand Debtors - Insurance claim CURRENT LIABILITES: AMOUNTS FALLING DUE WITHIN ONE YEAR 6 NET CURRENT ASSETS NET ASSETS FUNDS Unrestricted general funds 2 & 3 Unrestricted Designated funds 10 Restricted funds 11 |
2023 2022 £ £ 1,356,334 1,357,235 |
|---|---|
| 1,356,334 1,357,235 | |
| 27,434 26,582 70,183 54,852 1,520 - |
|
| 99,137 81,434 | |
| (657) - |
|
| 98,480 81,434 |
|
| 1,454,814 1,438,669 | |
| 1,374,386 1,365,497 36,243 43,992 44,185 29,180 |
|
| 1,454,814 1,438,669 |
Approved by the Parochial Church Council on and signed on its beh
Vice Chairman Treasurer
Page 9
ST ALPHAGE CHURCH, BURNT OAK WITH
ST AUGUSTINE'S CHURCH, GRAHAME PARK
INCOME FOR THE YEAR ENDED 31 DECEMBER 2023
| Unrestricted funds | Unrestricted funds | Unrestricted funds | Desginated Funds | Desginated Funds | Desginated Funds | Restricted funds | Restricted funds | Restricted funds | |||
|---|---|---|---|---|---|---|---|---|---|---|---|
| GENERAL | GENERAL | JOINT | Joint | JOINT | TOTAL | TOTAL | |||||
| St A | St AG | TOTAL | St A | St AG | Total | St A | St AG | TOTAL | 2023 | 2022 | |
| £ | £ | £ | £ | £ | £ | £ | £ | £ | £ | £ | |
| INCOMING RESOURCES | |||||||||||
| 2(a)Voluntaryresources: | |||||||||||
| Plannedgiving | 20,518 | 20,518 | 840 | 840 | 21,358 | 20,763 | |||||
| Income Tax | 4,022 | 4,022 | 4,022 | 3,711 | |||||||
| Other open collecton | 10,082 | 10,122 | 20,204 | 20,204 | 18,100 | ||||||
| Sundrydonatons andgifaid | 2,758 | 2,758 | 2,758 | 792 | |||||||
| Legacy | - | 7,000 | |||||||||
| Total - 2(a) | 37,380 | 10,122 | 47,502 | - | - | - | 840 | - | 840 | 48,342 | 50,366 |
| 2{b)Income fromgrants and actvites: | |||||||||||
| Grants | 2,641 | 500 | 3,141 | 21,731 | 21,731 | 24,872 | 4,950 | ||||
| Donatons,appeals etc | 91 | 91 | 91 | 854 | |||||||
| Fetes,bazaars and fundraising | 4,076 | 4,076 | 4,076 | 4,235 | |||||||
| Fathers retrement | 3,127 | 3,127 | 3,127 | - | |||||||
| Total - 2(b) | 9,844 | 591 | 10,435 | - | - | - | - | 21,731 | 21,731 | 32,166 | 10,039 |
| 2(c)Income from charitable and | |||||||||||
| ancillarytrading: | |||||||||||
| Magazines | 370 | 370 | 370 | 238 | |||||||
| Candles | 370 | 370 | 370 | 299 | |||||||
| PCC fees | 802 | 802 | 802 | 676 | |||||||
| Church Hall Letngs | 64,683 | 64,683 | 64,683 | 71,736 | |||||||
| Fees incpccporton | - | 4,381 | |||||||||
| Total - 2(c) | 1,542 | - | 1,542 | 64,683 | - | 64,683 | - | - | - | 66,225 | 77,330 |
| 2(d)Other ordinaryincoming | |||||||||||
| resources: | |||||||||||
| Insurance claim | 350 | 350 | 350 | 266 | |||||||
| Charitycollectons | - | 282 | |||||||||
| Total - 2(d) | - | 350 | 350 | - | - | - | - | - | - | 350 | 548 |
| 2(e)Income from investments(CBF) | 852 | 852 | 413 | ||||||||
| Total - 2(e) | - | - | - | 852 | - | 852 | - | - | - | 852 | 413 |
| 2(f)Income from Hall | 46,000 | 6,849 | 52,849 | 52,849 | 33,000 | ||||||
| Total -2(f) | 46,000 | 6,849 | 52,849 | - | - | - | - | - | - | 52,849 | 33,000 |
| TOTAL INCOME | 94,766 | 17,912 | 112,678 | 65,535 | - | 65,535 | 840 | 21,731 | 22,571 | 200,784 | 171,696 |
Page 13
ST ALPHAGE CHURCH, BURNT OAK
WITH
ST AUGUSTINE'S CHURCH, GRAHAME PARK
EXPENDITURE FOR THE YEAR ENDED 31 DECEMBER 2023
| 3. EXPENDITURE Unrestricted funds DESIGNATED RESTRICTED TOTAL TOTAL GENERAL FUNDS (10) FUNDS (12) 2023 2022 St A St Ag Total St A & St Ag St A St Ag £ £ £ £ £ £ £ £ |
3. EXPENDITURE Unrestricted funds DESIGNATED RESTRICTED TOTAL TOTAL GENERAL FUNDS (10) FUNDS (12) 2023 2022 St A St Ag Total St A & St Ag St A St Ag £ £ £ £ £ £ £ £ |
3. EXPENDITURE Unrestricted funds DESIGNATED RESTRICTED TOTAL TOTAL GENERAL FUNDS (10) FUNDS (12) 2023 2022 St A St Ag Total St A & St Ag St A St Ag £ £ £ £ £ £ £ £ |
3. EXPENDITURE Unrestricted funds DESIGNATED RESTRICTED TOTAL TOTAL GENERAL FUNDS (10) FUNDS (12) 2023 2022 St A St Ag Total St A & St Ag St A St Ag £ £ £ £ £ £ £ £ |
3. EXPENDITURE Unrestricted funds DESIGNATED RESTRICTED TOTAL TOTAL GENERAL FUNDS (10) FUNDS (12) 2023 2022 St A St Ag Total St A & St Ag St A St Ag £ £ £ £ £ £ £ £ |
3. EXPENDITURE Unrestricted funds DESIGNATED RESTRICTED TOTAL TOTAL GENERAL FUNDS (10) FUNDS (12) 2023 2022 St A St Ag Total St A & St Ag St A St Ag £ £ £ £ £ £ £ £ |
3. EXPENDITURE Unrestricted funds DESIGNATED RESTRICTED TOTAL TOTAL GENERAL FUNDS (10) FUNDS (12) 2023 2022 St A St Ag Total St A & St Ag St A St Ag £ £ £ £ £ £ £ £ |
3. EXPENDITURE Unrestricted funds DESIGNATED RESTRICTED TOTAL TOTAL GENERAL FUNDS (10) FUNDS (12) 2023 2022 St A St Ag Total St A & St Ag St A St Ag £ £ £ £ £ £ £ £ |
3. EXPENDITURE Unrestricted funds DESIGNATED RESTRICTED TOTAL TOTAL GENERAL FUNDS (10) FUNDS (12) 2023 2022 St A St Ag Total St A & St Ag St A St Ag £ £ £ £ £ £ £ £ |
|---|---|---|---|---|---|---|---|---|
| 3(a)Actvites directly | ||||||||
| relatngto the work of the church: | ||||||||
| Common fund/fees | 27,000 | 27,000 | 27,000 | 30,508 | ||||
| Utlites | 7,099 | 4,344 | 11,443 | 11,443 | 8,576 | |||
| Insurance | 5,272 | 3,003 | 8,275 | 8,275 | 7,671 | |||
| ClergyExpenses | 121 | 113 | 234 | 234 | 2,143 | |||
| Fabric repairs | 12,412 | 2,073 | 14,485 | 14,485 | 17,836 | |||
| Organ | 480 | 480 | 480 | - | ||||
| Organist | 4,250 | 4,250 | 4,250 | 5,830 | ||||
| Telephone | 616 | 616 | 616 | 650 | ||||
| Housingcosts/inc co tax - no. 18 | 13,252 | 13,252 | 13,252 | 9,338 | ||||
| Ordinary parish expenditure/general | 8,447 | 6,304 | 14,751 | 14,751 | 7,930 | |||
| Depreciaton | 901 | 901 | 901 | 818 | ||||
| Church Hall expenditure | 73,284 | 73,284 | 68,622 | |||||
| Youth Work | 7,566 | 7,566 | 7,313 | |||||
| Churchyard Expenses | 2,748 | 2,748 | 2,748 | 8,155 | ||||
| Fathers retrement | 3,087 | 3,087 | 3,087 | - | ||||
| Small equipment | 999 | 999 | 999 | - | ||||
| TOTAL GENERAL FUND - 3(a) | 85,069 | 17,452 | 102,521 | 73,284 | - | 7,566 | 183,371 | 175,390 |
| 3(b)Cost of fund raisingand | ||||||||
| Publicity: | ||||||||
| Fund raisingcosts | 93 | 93 | 93 | 254 | ||||
| Priest services | 1,115 | 1,115 | 1,115 | - | ||||
| TOTAL GENERAL FUND - 3(b) | 1,208 | - | 1,208 | - | - | - | 1,208 | 254 |
| 3(C)Grants made to other | ||||||||
| organisatons: | ||||||||
| Charitycollectons contra | - | 282 | ||||||
| Forward in faith | 60 | 60 | 93 | 60 | ||||
| TOTAL GENERAL FUND - 3(c) | 60 | - | 60 | - | - | - | 60 | 342 |
| RESOURCES USED | 86,337 | 17,452 | 103,789 | 73,284 | - | 7,566 | 184,639 | 175,986 |
Page 14
ST ALPHAGE CHURCH, BURNT OAK WITH
ST AUGUSTINE'S CHURCH, GRAHAME PARK
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023
| 4. Fixed Assets for use by the PCC 4(a) Tangible fxed assets, freehold land and buildings Freehold Land and Buildings Tower Additons - Lawn Mower Additons - PA System Depreciaton 01.01.23 Depreciaton of Tower - 10 years straight line Depreciaton of Lawn Mower - 10 years straight line Depreciaton of PA System - 5 years straight line 31.12.23 Net book value at 31.12.23 |
2023 2022 £ £ 1,351,600 1,351,600 2,067 2,067 3,500 3,500 2,745 2,745 |
|---|---|
| 1,359,912 1,359,912 | |
| 2,677 1,859 2 206 350 292 549 320 |
|
| 3,578 2,677 | |
| 1,356,334 1,357,235 |
The freehold land buildings comprise of St Alphage Church Hall at Playfield Road, Burnt Oak and the curates house at 18 Montrose Avenue.
The curates house at Grahame Park is owned by the London Diocesan fund and is therefore not included in these accounts
| 5. Short term deposits Deposits at Central Board of Finance General Fund Designated Fund Restricted Fund 6. Current Liabilites: amounts falling due within one year Creditors for goods and services |
2023 2022 £ 516 500 11,284 10,934 15,634 15,148 |
|---|---|
| 27,434 34,170 | |
| 2023 2022 £ £ 657 - |
7. Staff costs
The PCC employed a church hall cleaner and manager none of whom earned £50,000 or more. No Trustee received any renumeration from the trust during the year.
Mrs Maureen Stankiewicz was employed as the hall manager and hall administrator a position she has held for a number of years. She was paid a sum of £5,400 in this capacity. Mr David Stankiewicz a trustee was employed as the hall cleaner, a position he has held for a number of years. He was paid a sum of £1,920 in this capacity.
Page 15
| ST ALPHAGE | ST AUGUSTINES | 98280 | ||
|---|---|---|---|---|
| BANK BALANCES AT 31 DEC 2023 | ||||
| APPEAL FUND | 2490 | |||
| CHURCH | 14005 | |||
| HALL | 10082 | |||
| ST AU | 26577 | 42965 | ||
| cash notpaid in | 641 | |||
| stolen | 1520 | |||
| 55315 | 42965 | |||
98280 1520 96760
ST ALPHAGE CHURCH, BURNT OAK WITH
ST AUGUSTINE'S CHURCH, GRAHAME PARK
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023
| 10. DESIGNATED FUNDS | ST ALPHAGE | ST AUGUSTINE'S | ST AUGUSTINE'S | ||
| MAINTENANCE/RENOVATIONS | MAINTENANCE/RENOVATIONS | POOR | |||
| OF CHURCH AND PCC BUILDINGS | OF CHURCH AND PCC BUILDINGS | FUND | RESERVE | TOTAL | |
| £ | £ | £ | £ | £ | |
| INCOMING RESOURCES | |||||
| INCOME FROM GRANTS AND ACTIVITIES | - | - | |||
| INCOME FROM CHARITABLE AND | |||||
| ANCILLARY TRADING/HALL LETTINGS | 64,683 | 64,683 | |||
| INCOME FROM INVESTMENTS | 852 | 852 | |||
| TOTAL INCOME | 65,535 | - | - | - | 65,535 |
| RESOURCES USED | |||||
| CHURCHYARD EXPENSES | |||||
| HALL RUNNING COSTS | 73,284 | 73,284 | |||
| TOTAL EXPENDITURE | 73,284 | - | - | - | 73,284 |
| NET MOVEMENT IN FUNDS | (7,749) | - | - | - | (7,749) |
| BALANCE AS AT 1 JANUARY 2023 | 37,427 | 950 | 860 | 4,755 | 43,992 |
| BALANCE AS AT 31 DECECEMBER 2023 | 29,678 | 950 | 860 | 4,755 | 36,243 |
Page 18
ST ALPHAGE CHURCH, BURNT OAK WITH
ST AUGUSTINE'S CHURCH, GRAHAME PARK
NOTES TO THE FINACIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023
| 11. RESTRICTED FUNDS | ST ALPHAGE | ST AUGUSTINE'S | TOTAL | |||||
| FABRIC | ST ALPHAGE | |||||||
| REPAIRS | WITH | |||||||
| FUND | BEQUESTS | LONG | YOUTH | OTHER | ST | |||
| CHURCH | FUND | TOTAL | TERM | FUND | TOTAL | TOTAL | AUGUSTINE'S | |
| £ | £ | £ | £ | £ | £ | £ | £ | |
| INCOMING RESOURCES | ||||||||
| PLANNED GIVING UNDER COVENANT | 840 | 840 | 840 | |||||
| GRANTS | 20,000 | 1,731 | 21,731 | 21,731 | ||||
| TOTAL INCOME | 840 | - | 840 | - | 20,000 | 1,731 | 21,731 | 22,571 |
| RESOURCES USED | ||||||||
| YOUTH COUNCELLORS AND EXPENSES | 7,566 | 7,566 | 7,566 | |||||
| TOTAL EXPENDITURE | - | - | - | - | 7,566 | - | 7,566 | 7,566 |
| NET MOVEMENT IN FUNDS | 840 | - | 840 | - | 12,434 | 1,731 | 14,165 | 15,005 |
| BALANCE AT 1 JANUARY 2023 | 1,650 | 5,607 | 7,257 | 616 | 21,307 | - | 21,923 | 29,180 |
| BALANCE AT 31ST DECEMBER 2023 | 2,490 | 5,607 | 8,097 | 616 | 33,741 | 1,731 | 36,088 | 44,185 |
Page 19