## **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