St Francis at The Engine Room
Annual Report and Financial Statements
Year ending 31st December 2023
saiNt francis
engineroom
AT THE

The Parochial Church Council of
St Francis at the Engine Room, Tottenham Hale
ANNUAL REPORT
FOR THEYEAR ENDED 31st DECEMBER2023
REFERENCE AND ADMINISTRATIVE INFORMATION
St Francis at the Engine Room is situated in Hale Willage, Tottenham, London. It is a parish
church within the Edmonton Episcopal Area in the Church of England Diocese of London.
Registered Charity number. 1157480
Pri ncipal Address:
UnitA, Eagle Heights, Lebu5 Street, Halevillage, Tottenham, London N17 9FU
Governance and Management- Parochial Church Counc5l (PCC)
The Parochial Church Council is a corporate body established by the Church of England under
the PCC (Powers) Measure, 1956. This measure,togetherwith the Church Representation Rules
of the Church of England {20221, define the constitution of the PCC.
The PCC members (Trustees} who have sejved from the IstJanuary 2023 until the date of
approval of this report are:
Ex-officio Members..
Incumbent:
Revd Andrew Williams (Chairl
Revd Keith Jackson
Tony Gibney
Chaachi Deane
Assistant Curate
Churchwardens:
Deanery Synod:
Elerted Members."
Ida Birungi
Nailah Daley-Allen
Farida Nviri
Obi Onyido
The method ofappointment of PCC members is setout in the Church Representation Rulesof
the Church of England. All Church attendees are encouraged to register on the Electoral Roll
and stand forelection tothe PCC, normallyto seNe a 3-yearterm.
StFroncisottheEn9ineRoom 2023AnnuolReport&FinorKio15totements
Poge 2

The PCC is responsible for fomiulatin& approving, and implementing policies and strategies
that meet the organisational objectives, and accord with the aims and purposes of the charity,
as set out in thi5 document. The PCC and the Charitable Incorporated Organisation ICIOI meet
approximately everyother month and receivefinancial and operational reports.
The PCC has a Standing Committee which meets a5 required.
Bankers
Barclays Bank plc
Independent Examiner
Griffin Stone Moscrop and Co
21-27 Lamb's Conduit Street,
London, WCIN 3GS
Aims and Purposes
l To advance the Christian faith for the benefit of the public.
2 To furtheror benefitthe residents of Tottenham Hale and the neighbourhood, without
distinction of sex, sexual orientation, race, or of political, religious or other opinions by
associating the said residents and the local authorities, voluntsry and other organisations in a
common effort to advance education and to provide facilities in the interests of social welfare
for recreation and leisure time occupation with the objective of improving the conditions of life
for the residents.
3 To promote social inclusion for the public benefit by preventing people from becoming
socially excluded, relieving the needs of those people who are socially excluded and assisting
them to integrate into society. For the purpose of this clause, 'socially excluded, rneans being
excluded from society, or parts of society, as a result of one or more of the following factors:
unemployment,. financial hardship* youth or old age. ill health (physical or mentsl). substance
abuse or dependency includ ing alcohol or drugs" discrimination on the grounds of sex, race,
disability, ethnic origin, religion, belief, creed. sexual orientation or gender re assignment. poor
educational or skills attainment- relationship and family breakdown) poor houslng (that is
housing that does not meet basic habitable standardl- crime (either as a victim of crime or as an
offender rehabilitating into society).
StFmncisotthe Engine Room 2Q23AnnuolRÉport&Fin(TnciolStotEments
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THE ACHIEVEMENTSAND PERFORMANCE FOR 2023
Achlevements and Performance for2023
The Engine Room entered 2023 in good spirits following a productive 2022 where our
community life together had returned to something like normal following the interruption of
Covid. The attached accountswill show thatwe have had some challenges, not lea5tthe
enormous increases in utility costs following the war in Ukraine. This has affected all
households, and much of our local community struggles with the cost of living crisis. However,
as high energy users, The Engine Room has suffered a large financial blow that simply couldn't
be passed on in its entirety to our hirers and those who share our space. We are grateful that we
had managed to build up some reserves in previous year5 beforethis hitto ourcommunity, and
know that many are notso lucky.
Church life
We are grateful to God thatthe church community of St Francis, has bounced backfrom the
restrictions Dfcovid. We havewelcomed a numberof new peopleto the community aswe have
said goodbyeto somewho have moved away from Tottenham. In Lentwe were able to run a
Chi Idren ard Holy Communion course which included two of our children being baptised in our
pool on Easter Sundayj the first time we had been able to use it since the start of the pandemic.
Susie Choi started her role as Music Leader in our church in February. She has brought a good
deal of joy and enthusiasm to the role and much skill to our tnusic on a sunday. We were
relieved to finally move away from videos and retum to thejoy of live music. We are grateful to
our friends at St Botolph without Bishopsgate whose generous regular grant enables us to fu nd
thls post.
We were sad to say goodbye to Bishop Rob,the Bishop of Edrnonton, in June. Bishop Rob has
been a strongsupporterofThe Engine Room and an allyto ourwork here. We lookforward to
welcoming BishopAnderson Jeremiah as hetakes up his new role in May 2024.
On the August bank holiday seventeen members ofourchurch communityenjoyed a refreshing
and invigorating stay at the Greenbelt Festival. The variety of music and drama, and the
political, social and environmental offerings at this festival are inspiring, whilst the fact that thi5
festival 15 engaging our faith through all this is a truly unique offering in our country. We are
gratefulthat the festival offered a numberoffree ticketsforthe weekend forsome ofour
community.
In Octoberwe welcomed The Revd Jess Swiftto preach at our Patronal Festival. 2023 marked
ten years sinceAndrew Kwapongwas seconded from StAnn's to begin working in the
community in Tottenham Hale with Martina. It was good to have the vicar ofStAnn's to help us
celebrate that anniversary and affirm our close links to our neighbours at that church.
My new role as Director of Training for curates in the Edmonton Area has meant an increase in
our interaction with the Area and the Diocese, which benefits our new community in several
ways, Atthe sametime, it is good to be ableto offer The Engine Room as a regular resourceto
theArea and Diocese as those who aretraininggetto know what happen5 here on the edgeof
the Episcopal Area. The Revd Keith Jackson has continued in his role as Assistant Curate at The
StFroncisot theErt9ineRoom 2023AnnvolReport&finoncia15rotements
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Engine Room. We are grateful for everythingthat he brings to ourcommunity and lookforward
to all that will come with the completion of histraining in the summer of 2024.
Our Parochial Church Council continues to offer its leadership role for our church community*
whilstoverseeingall aspects of lifeatThe Engine Room, we remain grateful forthe commitment
ofthese hard-working people, and particularlyto TonyGibney and Chaachi Deane ourtwo
Church Wardens.
Communlty Life
Much ofour community life remains dependent upon the grants and donations thatwe are able
to gain, so we remain hugely grateful to Andrew Johnston, our Operations Director, for the time
he takes to discover appropriate grant making bodies and work with new and existillg partners
to ensure thatwe have the fundsto continue ourwork in the local community.
We are grateful tothe Bridge RenewalTrustwho continued to allocate fundingfrom The Mayor
of London'sviolence Reduction Unitfortheir'Home Cooked. project. A number ofour projects
have received backingfrom this source. We are grateful toArgent LLP who have supported our
homework club Accelerate through tothe end of2023. As ourfirstgroup of children moved on
to Pioneer Girlz and other programmes within our centre, a new group interested in improving
their grades have taken their place, benefitting frotn Lucetta Harp's expertise. Nailah Daley-
Allen, our resident artist, continuesto inspire both primary aged children through our Art
Workshop, and the over50's with theirsessions on aTuesday lunchtimefunded bythe Benefact
Trust. We are gratefulto Regen Facades who have partnered with ourartists, young and old, as
they have created banners forthe Pavilions whilst vital cladding works are undertaken. Regen's
financial support has given a considerable boostto our resourcesforartatThe Engine Room,
We aregrateful to Haringey Council's Unitworking on Wiolence Againstwomen and Girls, who
stepped in when Home Cooked fundingended, to ensurethatourhugely successful Pioneer
Girlz group could not only continue, butexpand totwo age groups. Lady Emma Dapaah
developed this empowerment programme foryoungwomen and it has been good to See them
thrive. Janet King continues to grow and develop the TLse5day walking group for the over 50's.
She works hard to include newcomers and regularsalike, ellcouragingall attendeesto improve
their health.
Compact. ourThursdayYouth club.that is generouslyfunded bythe Leevalley Estates
Foundation, has undergone a renewal in 2023, as manyofour'boys, have moved on to college
and jobs. A new generation of young teens have taken their place and enjoy the activities that
are offered, as well as an essential safe place that several of them talk about as'their second
home., Obi Onyido continues to guidethis groupwith thesupport ofchiemela Ndukwe and
Lady Emma and essentialvolunteer5 who give theirtimeto helpthese young people. Duringthe
latter part of 2023 Obi also took on the role of co-ordinator of the holiday programme Hale
Time, funded by Home Cooked. This has enabled usto offersome importantfree activitiesfor a
wide range of children and young people in the school holidays. It has been wonderful to see
Legal Aliens, our residenttheatre group for migrants and refugees, offer time and expertise to
these holiday clubs, giving some of our local children valuable experience in drama and theatre,
whilst ourweekly Dance Group, Define Me, have offered theirexpertise as well.
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The Tottenham Ten was biggerthan ever in 2023 and creditgoes to our Directorof Operations
Andrew Johnston for his work in growing this important fundraising event for our community
work. We had over 100 runners for the first time, as well as offering free places for young people
thanksto sponsorship from the Canal and RiverTrust. We had generoussupportfrom the Canal
and RiverTrust, Leevalley Park. Sharesy, Halevillage and theTottenham Hotspur Foundation,
meaningover £5,000 was raised forour communitywork We are very grateful to Tottenham
HotspurAmbassador Ledley King who took thetimeto award the prizes and spend time with us
on Halevillage. Thanks also goesto the staff team ofthe Tottenham Hotspur Foundation, for
helping to marshal the course and then put on the free SK Spurs Walk for the local community,
held directlyafterthe Tottenham Ten.
2023 was our busiest year so far, and the figures in our annual accounts reflect this. At the same
time we continueto offerour Easter and Summer Festivals, and Christmas Fayre as milestones
n the yearforthe local community. Maria Joseph, our church and community worker.
continues to develop these three annual events in interesting and innovative ways. We are
grateful to have Maria back with us in full health.
Table 13, The Engine Room Cafe continues to thrive under the guidallce of Federico Viciani and
his team. As the local area growsthrough furtherdevelopment, we are surethat itwill become
busier still. Little Engineers. the nursery run by the local LDBS Academies Trust continues to
work hard for local people, providing as much resource as the limited space can offer.
Room hire remains an importantelement ofourincome and continuesto increase. People are
now largely using our online bookingsystem, www.en
ineroom.or
booki
which has
helped our operations enormously.
We continue to host our friends from the local Muslim community for Friday Prayer5 in the Small
Hall and Workshop each week astheircomrnunitygrows.
Staff
We receive regularvisits from Bexley Seaburyseminary in Chicago, who include the Engine
Room as one oftheirstops on their'Learningfrom London, programme. Everytime theyvislt,
the question asked the most is how we manage to achieve whatwe do atThe Engine Room with
such a small staff team l The answer is that we have remarkable people making it happen. I have
already mentioned Andrew IAJI and Maria, Obi and Lucetta, Lady Emma, and Nailah. I have yet
to mention Rhoda Asomah, ourTime forGod volunteer, who arrived from Germany in December
2022. Rhoda provided an amazing contribution to ourteam and supported so many different
groups with her infectious enthusiasm and sense of humour. She took on much responsibility
whilst Maria was away from The Engine Room for several months with illness. She left us
following the Greenbelt Festival in August, for what was planned as a short trip home.
Unfortunately* she was unable to return because of visa complications in Germany. We still miss
her but remain in touch.
other membersofourteam include ZemichaelAbrha who lastyearhad stepped in atshort
notice into a role as interim finance consultant, he continues to do a wonderful job for us in
keepi ng our finances on track and properly accounted. Ngadhnim Mazrekaj (Niml our caretaker
ofsome years now, continues to offervital supportto our small staff team, working largely
StFroncisottheEn9ine Room 2023AnnuolReport&FinoffKialStotements
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unsociable hours, whilst Fidan Sonmez also stepped into the breach regularly dLJring Maria's
illness and continuesto work hard with us atThe Engine Room.
We are blessed to have a wonderful group ofpeoplewho regularly use The Engine Room, who
have now become good friends. This includes Lara and Joanna, Shenika and Ann, Eli and Liz all
offering regular grou ps and activities that help to further enrich our life at The Engine Room.
The Future
We ended 2023 in good heart and remain hugely grateful to all our funders and particularly to
the Lee Valley Estates Foundation, St Botolph without Bishopsgate, St Mary at Finchley and
some private individuals, who all continueto fvnd specific programmes atThe Engine Room.
2024 looks as though it will be a difficult year for funding, with local councils and others having
much reduced funds availableto supportcentressuch as ours. However, we have been much
encouraged by new organisations recognisingthevalue of whatwe do, aswell asthe growing
use of the centre by businesses and organisations Monday to Friday, all of which helps our
finances immensely. All ofour community activities need ongoingsupport. so we thankyou for
whatwe receive and lookforward to our continued partnerships forour local communityof
Tottenham Hale.
Reserves policy
It is the Charity's policy to try to maintain a balance on unrestricted funds that equates to at
least 6 month5, unrestricted payments. For 2023, this equated to £115,591. This balance is held
to smooth out fluctuations in cash flow and to meet emergencies. As at 31112123, the cash
balance held on unrestricted funds {including designated funds), together with the amounts
payable to and bythe Trusteeswas £123.862.
The Trustees therefore consider the reserves position at the end of 2023 to be sat15factory.
Funds not required for immediate use are placed in an instant-access, interest-bearing account
to be drawn down when necessary.
The balances within the various restricted funds are retained pending expenditure within the
scope of the specific restrictions. Given the relatively short-term nature of the majority of the
restricted funds, such monies are held in the main current account.
Approved by the Parochlal Church Council and signed on its behalf by:
Signed:
Dated: If 2o)2f
The Revd Andrew WillÉam5, Chair
StFrancls Gtthe En9ineRoom 2023￿￿u01￿e￿?rt& financialstotejnents
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Independent Examlnorfs Report to the Trt￿tee$ of St Francls at the Englne Room
I report on the financial statements of the church for the year ended 31* Dec@mb8r 2023.
This report is made solely lo the oharity's Trustees. as a body, in acixJrdarKe with seclK)n 145 of the Charities Act
2011 and regulallons made under section 154 of that Act. My work has been undertaken so that I might slate lo the
charlty's Trustees those matters l am required lo stale to them in an Independent examiner's reF*)rl and for no other
purpose. To the fullest extent permttted by law, I do rnl accept or assume responsibility lo anyone other Iharb the
charity and the charity's Trustee8 as a body, for my work or for Ihis report.
Rèsponsibilitie8 and basis of r•port
As the charity's trustees you are responsible ft)r the pr8paratsn ofthe accounts in accordancewilh the requirements
of the Charities Act 20111.the Act'i.
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 ap￿1¢able Dire¢tions given by the Charlty Commission under
section 14515Mb) of the Act.
Independent 8xaminorf8 statement
Since the company's gross income exceeded £250,0(J) your examiner must be a member of a body listed in section
145 of th8 2011 ACL I confimi that l am qualffied to urmlertake the examination because l am a member of the
Inslilule of Chartered Accountants in England and Wales, which is one of the lisleé L¥)dies.
Your attention is to drawn to the fact that the charity has prepared the accounts in accordance with A¢¢ounting and
Reporting by Charities.. Statement of Recommended Practice appl￿ble lo charities p￿paring thelr accounts In
accordance with the Financial Reporting Standards applicable in the UK ané Republic of Ireland IFRS 1021 in
preference to the Accounting and Reporting by Charities= Statement of Recommenéed Pr8Ctlce Issued on 1* Aprll
2(K)5 which is referred to in the exlant regulalions bul has been wthdrawn.
We understand that this has been done in order for the accounts to provide a true and f8ir view in accordance with
the Generally Accepted Accounting Practice 8ffective for resx)rting periods beginning on or after 1% January 2015.
I have completed my examination. l (x)nfirm that w material matters have come to my attention in connection with
the examination givlng me cause to believe that in any matwial respect..
accounting records were not kepl in ￿sPe¢l of the charity as required by section 130 of the A¢l', or
the accounts do not accord with Iho$e re¢ords.
I have no concerns and have come aw$$ no olher matters in connection with the examinalitsn to which attention
should be drawn in this report in order lo enable a proper understanding of the ￿COuntS lo be reached.
ICK J 141 ij
Richard Hill, FCA
GRIFFIN STONE MOSCROP & CO
CHARTERED ACCOUNTANTS
21-27 Lamb's Conduit Street
London
WC1N 3GS
StFrancisotthe Engine Room 2023AnnuulRe￿￿FlnonCI0lSt￿teMents
Page 8

STATEMENT OF FINANCIAL ACTIVITIES
forthe year ended 31 December 2023
Unrestricted Deslgnated Restrlcted Endowment
funds
funds
funds
funds
Total
2023
Total
2022
Note
Income and endowments from:
Donations and legaaes
Income from charitable
activities
21al
7,050
72.746
98,684
99,242
21bl
2,340
4,388
Other trading activities
21cl
153588
153.588
143,316
Investments
2{dl
1,353
1,353
154
other income
21el
225
30
Totsllncome
176,394
72,746
256,190
247,129
Expendlture on:
Raising funds
Expenditure on charitable
activities
31al
16,029
184
16,213
8,817
31bl
203.552
11,602
53.861
269,015
234.808
Other expenditure
Total expenditurn
219.580
11.602
285,22Y
243,625
Net Income I lexpendlturn}
r•sources before transfer
143,186)
14552}
18,700
129,038)
3￿05
Transfers
Grosstransfers between fiJnds- In
Grosstrènslers between funds- out 4lbl
41bl
2.705
1,479
14,1831
4,183
14,1831
2,595
12,5951
Other recognlsed gains I
losses
Net movement in funds
143,186)
11,847)
15,996
(29,0381
3,505
Total funds brought forward
178249
28.856
36,065
243,170
239,666
Totalfunds carrled forward
135.063
27,009
52,060
214,132
243,170
The notes on pages 12 to 22 fomi part ofthese accounts
StFrunt15(rttheEn9ineRoom 2023AnnuolReport&finonualSt(rtements
Poge 9

BALANCE SHEEf at 31° DECEMBER 2023
At31112D023
At 3111212022
Note
Fixed asset$
Intangible assets
Tangible assets
1,171
37.039
38.210
1,176
47￿22
48,698
Current assets
Debtors
Cash at bank and in hand
63.274
180,355
243,629
27.001
180,328
207,329
Liabilities
Creditors: Amounts falling due in one year
71al
67.707
67.707
12,857
12,857
Net current a5sots less current ilabliities
175,922
194,472
Total assets lesscurrent iiabllltles
214,132
243,170
Total net assets less Ilabilitie$
214.132
243,170
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Page 10

BALANCE SHEET at 3tst DECEMBER 2023
Reprèsènted by:
Unrestricted
General Fund
41b}
135,063
178,249
Designated
ArtFund
Church Commissioner5
Tottenham Cycling Club
Youth Fund
41bl
3.380
5.619
456
17,554
8,619
1,153
19,084
Restricted
St. Botolph's Discretlonary Fund
St Mary's Finchley
Art4AII Benèfact
Home Cooked Hale Time
Natlonal Lotto- Together4Tottenham
Pioneer Girlz Haringey
ReAct PerformingArts
Compact Youth
Music and Mission
Accelerate Project
Agency Collection
Beacon Lodge
Laureus Sport
Tottenham Grammar School Music
Bridge Ki
London Sport
National Lottery Inspire
Swim England
Bridge Renewal TrustThrive
Home Cooked My Tralning plan
Home Cooked Boroughs
Home Cooked BK Sport
Home Cooked Pioneers
Motivate Funding
Fundsof the church
41bl
5.327
3,631
6,677
2.132
10,297
4,580
2,732
1.264
1543
887
5,600
3,226
254
928
1.615
7.554
372
4,021
372
4,021
1,860
1,046
2,624
2,705
314
2,500
1,219
50
314
11371
1,046
1,600
2208
214,132
243,170
Approved by the Parochlal Church Council and signed on its behalf by:
Signed:
The Revd Andrew Williams. Chair
Dated:
H 2d2f
The notes on pages 12 to 22 fom partofthese accounts
StFrt>ncisottheEngine R(￿rn 2023AnnualReport&MnonclolStatements
Page 11

St Francis at the Engine Room
Notes to the Financial Statements
for the year ended 31st December 2023
ACCOUNTING POLICIES
1.1 Basis of financial statements
The financial statements have been prepared underthe Church Accounting Regulations2006. in
accordance with the Charities SORP {FRS 1021 second edition - October 2019 , and the Charities
Act 2011.
St Francis at the Engine Room constitutes a public benefit entity within the meaning of FRS102, The
financial staternents include all transactions, assets and liabilities for which the Trustees IPCCI are
responsible in law. They do not include the accounts of church groups that owe their main
affiliation to another body, norto those that are infomial gatherings of church members.
The PCC considers thatst Francis at the Engine Room is a going concern, since we have prepared
what we considerto be a viable budget showingthat atthe current level ofunrestricted reseNes
there is adequate support forthe activities planned for 2023 and for the foreseeable future.
Therefore, these accounts are prepared on a goingconcern basis.
The financial statements have been prepared under the historical cost convention with assets and
liabilities recognised at C05t or transattion value unless otherwise stated in the relevant notes to
these accounts.
The financial statements have been prepared to give a'true and fair, view and have departed from
the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a 'true
and fair, view. This departure has involved following the Charities SORP IFRS 1021 effective
I. January 2019, ratherthan the Accountingand Reporting by Charities: Ststement of
Recommended Prartice effectivefrom I"Apri12005 which has since been withdrawn.
Accounting ondReportingbyChoritie& StotementofRecommendedProcticeopplicoble tocht7ritse5preporing theirtJccouhtsin
occordonce with the FinGnciolRepO￿n9 Stondurdopplicuble in the UKondRepubli¢oflrelondlFR5102J (effectivÈl Janyory2019J.
StFro￿ls otthe Engine Room 2023￿￿￿o[Report&FlnU￿c1u1st￿teme￿ts
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1.2 Fund Accounting
Unre5trictedFunds are funds that are availableto bespent on the PCC'S general purposes in
furtherance ofthe objectives of the charity.
DesignatedFunds are general funds Set aside bythe Pccfor use in the future. Designated funds
remain unrestricted, and the PCC may move any surplus to other unrestricted funds.
Restricted Funds comprise revenue donations or grants for a specific activity intended by the donor.
Any balance within a particular restricted fund remaining at year-end is carried forward within that
fund. The aim and use of each individually material restricted fund is set out in Section 4lal of these
note5.
1.3 Incomlng Resources
In principle, incoming resources are recognised when:
i. the PCC becomes legally entitled to the benefit of use of the resources.
2. their ultimate receipt is virtually certain. and
3. The monetary value can be measured with sufficient reliability.
Planned givin& collection5 and similar donations are recognised when received. Tax refund5 are
recognised when the incoming resou rce to which they relate is received. Investment income is
accounted for when receivable. Grants and legacies are accounted for when the PCC is entitled to
the use of the resources, their ultimate receipt is considered reasonably cert3in, and the amounts
due are readily quantifiable. Licensing income and rental i ncome arising from the letting of church
premi5e5 is recogni5ed when due. All incoming resources are accounted-for gross.
1.4 Resources Expended
Grants and donations are accounted forwhen paid over, orwhen awarded ifthat award creates a
binding or constructive obligation on the PCC. The Diocesan Common Fund contribution expected
to be paid over is accounted for when due. All other expenditure is generally recognised when it is
incurred and is accounted-for gros5.
1.5 Liabilities
All debts owed by the church at year-end are listed in Section 7(a) of these notes, and shown In total
on the Balance Sheet. Included within the total are Agency Payments. these are monies held within
Parish bank accounts that have been collected or aggregated on behalf of other organisations or
individuals pending remittance. Such monies, which typically include charitable collections and
statutory fees collected on behalfof the Diocese of London, are not partof Church funds.
Amounts thatthe church is committed to payingatsometime afterthe end ofthe 2023 financial
year, to be financed frorn 2024 cash flow, are listed in Section 7{bl of these notes.
StFranctsotthe Engine Room 2023AnnuolReport&FinonciolStatsrnents
Page 13

INCOMEAND ENDOWMENTS
2(a) Donations and legacles
Total
2023
Total
2022
Unrestrirted Deslgnated Restrlrted Endowment
GiftAid- Bank
GiltAid- Envelopes
Loose plate collections
Giving through church boxes
Donations appeals etc
Grants- St Botolph's
Grants- St Mary's Finchley
Tax recoverable on Gift Aid
Recurring grants
Non-recurring one-off grants
10,657
2,078
417
10,657
2,078
417
7,744
205
611
107
14,120
1,500
2,341
2.050
4,391
1,700
500
3,395
10.663
64,883
98,684
1.700
500
3,395
3,318
3,031
68.605
99,242
10.663
59,883
72,746
5,000
7,050
Total
18,888
2{b) Income from charitable actlvities
Total
2023
Total
2022
Unrestrlcted Designated Restrlcted Endowmènt
Fairs & Events- objectives
Bookstall Sales- objectives
Messy Play Subscriptions
Hall Hire- Private- objectives
20
60
2,260
20
60
2.260
732
2,400
1,250
Total
2,340
4,388
2(cl Other trading activlties
Total
2023
Total
2022
Unrestrkted Designated Restrlcted Endowment
Fair5 & Everkts- fund raising
Photocopier income
Cafe licence fee & profit share
Nursery rent income
Cafe service charge
Hall Hire- Private fund raising
Hall Hire- Long Term fund raising
9,846
185
9,846
185
12,840
40,000
5,090
88
11,000
40,000
1,000
53,864
32,274
143,316
40,(￿0
49,150
41,568
Is3￿88
49,150
41,568
153,588
2(d) Investments
Total
2023
Total
2022
Unre5trirted Designated Restrlrted Endowment
Bank & building society interest
Total
1.353
1,353
1.353
154
1,353
154
StFrOnC￿￿ttheE￿91ne Room 2023AnnualReport&FinonciolStotements
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2{e) Other income
Total
2023
Total
2022
Unrestrirted Deslgnated Restrirted Endowment
Banking loyalty payments
225
225
30
Total
225
225
30
EXPENDITURE
3{a) Raisingfunds
Total
2023
Total
2022
Vnrestrirted Deslgnated Restricted Endowmènt
Fees paid to fund raisers
Costs of applying for grants
Costs of fete5 & other events
Transaction handlingfees
Fundraising subscriptions
4.673
4,673
54
36
7,419
1,062
246
8.739
2,222
396
8.923
2,222
396
Total
16,029
16,213
8,817
3{b) Expenditure on charitable activities
Total
2023
Total
2022
Unrestricted DesI￿at￿ Restrfrted Endowment
London Diocesan Common Fund
Salaries Expenses
Water rates- Wicarage
Vicar's telephone
Clergy & Staff Training & Develop't
Community Support
Music expenses
Building running expenses
Bookstall costs
Hospitality costs
Church requisites
Building- equipment expenditu
Compact Youth expenditure
Pioneer Girlz Expenditure
Home Cooked Gir15 Only
Pioneer Girlz Haringey expenditure
Home Cooked Hale Time
Muslc Makers expenditure
Messy Play expenditure
Art club expenditure
Accelerate Projert expenditure
Family Sports expenditure
Youth Work expenditLsre
Media Workshop expenditure
BK Sports expenditure
Inspire-Artclub
,000
65,073
539
312
15,000
85,881
539
342
12,000
75.754
685
338
917
10,420
168
56,856
60
1502
886
8,868
3,379
10,137
3,299
6.240
14.568
30
970
32
7rJ.842
526
1.496
32
73,914
72
565
1,407
7,222
206
237
772
1,644
7,222
1,798
73
2,123
21,953
2,868
200
2,720
10.440
667
1,798
73
2,123
21.953
2,868
200
2,720
4,015
2,361
4,623
1,560
1.375
5.050
667
290
290
500
7,427
5,997
4,676
324
324
StFroncis ot the Engine Room 2023AnnuolRew•rt&FinonciolStutsments
Page 15

3(bl Expenditure on charitable activities Icontinued)
Total
2023
Total
2022
Unrestrlrted Designated Restrfcted Endowment
Staff expenses
Church running costs- Junior church
Pop-up cafe expenditure
TFG Workertosts
Tottenham Cycling Club expenditure
Administration
Admin Finance support
Visiting speakers I locums
Church office- running costs
Governance costs- independent
Website expenditure
Promotion5 & publicity
Bank charges
Payroll processing fees
DBS checking fees
ReAct expenditure
992
164
240
6,551
601
1,593
164
608
6,551
697
5,832
12,0
1,921
250
1,852
697
714
3,619
5,832
,otK)
400
1,172
1,668
1,021
5,718
282
916
176
2,249
234,808
1,092
1,860
218
4,363
276
I,oio
1441
1,092
1,86Q
458
4,363
276
I,oio
1441
1,957
269,015
240
1,957
53,861
Total
203￿52
11,602
FUNDS
4(al Restricted Fund Details
St Botolph's Discretionary Fund
This fund contains grants received from the Parish of St Botolph without Bishopsgate as a
contribution towards discretionary payments made bythe Priest Missioner.
st Mary's Finchley
This fund contains grant monies received from the Parish of St Mary's, Finchley that were used to
finance the ' Make Lunch. project.
ReActPerformingArts
Funds received towards a perfomiing artsweekeach May. This includes subscriptions for
participation from the children.
Compact Youth
This fund is for youth work in collaboration with Hale Willage for 14-18 year-old5 from Ferry Lane
Estate and Hale Village. Compact looks to build relationships and help young people develop their
skills ready for the workplace environment.
Music andmission
This fund was established to build up the musical resources of the church and is to be used for any
missional activity that benefits St Francis, church.
StFroncisottheEn9ine Room 2023knnuulReport&FinoncJolStotements
Page 16

Accelerote Project
This fund contains grant monies received from Argent Related SeNice5 Ltd to support ourwork with
children in the local community. Specifically this grant will fund a homework club called Accelerate,
providing a trained teacher and materials for 12 months of study.
Beacon Lodge
This fund contains grant monies received from Beacon Lodge Trust specifically to provide a 'Make
Lunch, cooking programme for local children during 2021. The programme was run during July
2021, and a report issued to the Trust following successful completion.
Laureus Sport
This fund contains grant monies awarded byActive Change Haringey within the MayorofLondon's
Laureus Model City prograTnme. to provide an Active Families programme up to and including
Easter 2022.
Tottenham Grommar School Music
Thisfund contsin5 a grant received from Tottenham Grammar School forthe purpose ofproviding
music lessolls for children in the local area, at a reduced rate.
Bridge Ki
This fund contains monies received from Bridge Renewal Trustas part ofthe Mayorof London's
'Home Cooked, Programme. The aim 15 to addressyouth violence across London. The fundingwas
used duringsummer 2021 to run an extended musicvideo workshop foryoung people in Tottenham
Hale, who created a positive piecethatwas later perfomied at an event in The Engine Room.
London Sport
This fund was set up in 2021 to receivemoniesforthe purpose ofprovidingsportingequipmentto
individuals and families to assist them to be active as they came out of Covid. Using thi5 funding in
2021, The Engine Room made equipment available tothe local community and also supported a
summerprogramme ofsport on Ferry Lane Estate.
Motivate Funding
This fund contains monies provided by HaringeyGNing as partoftheir'TogetherWe Can, fund. The
Engine Room extended our Messy Play sessions, bought laptops foryoung people to use and funded
several artworkshopsfor adults.
Inspire Tottenhom
We have decided to add remaining funding from the National Lottery Inspire grant to our restricted
Artfunding. This National Lottery grant was made to fund our artwork in the community and it is
therefore entirely appropriate that the remaining small balance be transferred to this fund.
stFroncis ot the Engine Room 2023AnnuolReport&finonoalStotements
Poge 17

41b) Summary ofFund Movements
Brought
Forward
Income
Expenditure Tran￿er$
Gains&
Losses
Carrfed
Forward
Unrestricted
General Fund
178.249
176,394
219.580
135,063
Total Unrestricted Funds
178.249
IT6￿94
219,580
135,063
Deslgnated
Church Commissioners
Tottenham Cycling Club
Youth Fund
Art Fund
8,619
1.153
19,084
5,619
456
17,554
3,380
697
6530
1375
5.000
2.050
2,705
Total Deslgnated Funds
28,856
7.050
11,602
2,705
27,009
Restricted
St Botolph's Discretionary Fund
ART4ALL- Art4AII Benefact
St Mary's Finchley
ReAct PerformingArts
Compactyouth
Music and Mission
Accelerate Project
Beacon Lodge
Laureus Sport
Tottenham Grammar School
Music
Bridge Ki
London Sport
Motivate Funding
NL-T4T- National Lot- Tog4Tott
PGHAR- Pioneer Girlz Haringey
5.600
1.700
10.150
1,973
3,473
595
1,957
10327
72
6.667
5,327
6,677
3,631
2,732
1,264
1.543
887
372
4,021
3,226
254
928
1615
7.554
372
4,021
4.435
10,663
1,860
1,860
1,046
2,624
1,046
1,884
9,932
26,742
365
12101
10,297
4,580
21.953
HC-MY Training Plan
C-Building Bridges
Hc-sports Programme
HCHT- Home Cooked Hale fime
HC-Pioneer Girls
HSF
Inspire
Swim England
Thrive
1.219
50
314
905
1501
19051
3.124
5.000
324
2,208
2.132
(1371
73
21LI
2,705
314
2,500
12,7051
13141
1,600
Total Re$trlcted Fund$
36,065
72.746
12,7051
52,060
TotalAII Funds
243,170
256.190
285,227
214,132
StFroncisottheEngine Room 2023knnuolReport&FinoncialStaternents
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4{c) Summary of Assets and Liabilities by Fund Type atyear-end
Unrestrirted Designated Restrirted Endowment
fvnds
lunds
funds
funds
At
At
31112123 31112122
Flxed a$$ets
Intangible assets
Tangible assets
1,171
37.039
38.210
1,171
37,039
38210
1,176
47.522
48,698
Total fued assets
Current assets
Debtors
Cash at bank and in hand
Totalcurrent assets
53299
108,324
161,622
2.050
26,334
28,384
7,925
45,697
53,623
63,274
180,355
243,629
27,001
180,328
207,329
Llabllltles
Creditors.. Amounts falling due in
one year
64.769
1375
1,562
67,707
12,857
Total net assets less Ilabilitle$
135,063
27,009
52,060
214,132
243,170
Repr•sented by.
Unrestricted
General Fund
135,063
135,063
178.249
Designoted
church Commissioners
Tottenham Cyclingclub
Youth Fund
ArtFund
5,619
456
17,554
3,380
5,619
456
17.554
3,380
8.619
1,153
19,084
Restrirted
St. Botolph's Discretionary Fund
St Mary'5 Finchley
ReAct Performing Arts
Compattyouth
Music and Mission
Accelerate Project
Art4AII Benefact
Beacon Lodge
Laureus Sport
Tottenham Grammarschool
Music
Bridge Ki
London Sport
HC-HaleTime
Motivate Funding
NL-T4T- Together4 Tottenham
PGHAR- Ploneer Girlz Haringey
HC-MY Training Plan
HC-BL¢ilding Bridges
Hc-sports Programme
5,327
3,631
2,732
1.264
1,543
887
6.677
372
4,021
5.327
3,631
2,732
1,264
1,543
887
6.677
372
4,021
5,600
3,226
254
928
1.615
7.554
372
4,021
1.860
1,860
1,860
1.046
1,884
2,132
1.046
2,624
1,884
2,132
10.297
4,580
10,297
4,580
1.219
50
314
2.208
2,208
StFronus otthe EngineRoom 2023AnnuolReport& Finonciolstutements
Page 19

41c) Summary of Assets and Liabilities by Fund Type atyear-end Icontinuedl
HC-Pioneer Girls
Inspire
Swim England
Thrive
11371
2,705
314
2,500
243,170
1,600
52,060
1,600
214,132
Funds ofthe church
135,063
27,009
FIXED ASSETS
There is a leasehold agreement between theTrustees lastenantl and the London Diocesan Fund las
landlord) executed on 10/10117 permitting use of part of the Ground Floor, Pavilion Six, Hale Village,
London N17. The term of this lease is 250 years; a single one-off premium of £1,2001£1,000 plus
VATI, was paid during 2018. The full leasehold value was recognised in the 2017 accounts, this has
been depreciated on a straight line basis at the rate of £5 for2023.
Other fixed assets have been capitalised if they can be used for more than one year, and cost at least
£1,000. For 2023 these have been depreciated on a straight-line basis according to their notional
useful setvice life, as indicated in the table below. During 2023, there was a purchase of a copier, at
a cost of £2,632, that qualified for inclusion within the cost of fixed assets being depreciated.
Notional Lrfe {yearsl
Initial Remaining
2023
2022
Leasehold Value of ER Site
ER Audiovisual System
Kitchen Equipment
Furniturè
Office Computing Equipment
Tot)l Fixed Assets
250
244
1,171
1,176
5,609
2,952
38,961
15
35,065
1,974
£38,210
£48.698
The depreciation charged forthe yearwas £13,120
StFronosottheEngine Room 2023AnnuolReport&Fin(rncitilSt¢itements
Page 20

DEBTORS
As at31112123,the Trusteeswere dueto receivethe following amountsto which they were entitled
in relation to 2023 activities..
2023
2022
HMRC Gift Aid claim
Unrestricted
3,395
3,318
Hall l Room Hire charges
Café
Unrestricted
6,541
2,279
Unrestricted
25374
7,434
Nursery
Unrestricted
15,740
7,584
The Bridge Trust
Pinnacle Housing Ltd
(Prepaid expl
Prepaid Expense
LVE Foundation
Restricted
452
Unrestricted
7.059
5.934
Unrestricted
120
Restricted
Total Debtors
£63,274
£27,001
7(a) Creditors: Amounts falling due in oneyear
Independent Exarn iner's fees are brought into the accounts on a currentyear basis, so that the
amount indicated for 2023 represents the anticipated future charge for examination of the
2023 accounts.
The accrual of £1,950 for Hall Hire deposits represents £850 being held for ongoing long-term hirers,
and a contingency of£l,100 forshort-tenn hires.
2023
2022
Independent Examiner's fees
Veolia- Heating bills INov- Dec
20231
British Ga5- Electricity bi115
(Dec 2022- Sep 20231
Water
1.800
1,740
4,005
3,406
44,071
Hall Hire deposits
Miscellaneous invoices pending
Deferred Income
1,950
3,350
4,351
3,430
11.440
Agency collection
Totsl Liabilities
90
90
67.707
E12,857
StFronusat theEngine Room 2023AnnuulRewrt&Finoncl(yIStatements
Poge 21

(bl Diocesan parish contrlbution
The PCC has offered to pay a total of£lS,(XIO to the Diocese of London during 2023, as its"Common
Fund. contribution. As shown in Note 3lb), this was paid in full. This payment represents a share of
the total cost of clergy stipends, clergy housing, and Diocesan support.
The PCC has offered to pay £17,000 Common Fund contribution tothe Diocese during2024.
STAFF COSTS AND EMPLOYEE BENEFITS
2023
2022
Wages and salaries (Gloss
Employer Social security costs (Grossl
Employer social security costs INetl
Employer pension contributions
£84,749
£74,383
£4,688
£238
£4,009
£3,921
Average numberofemployees
Equivalent full-time employees IEFI)
The Net employer social security cost is the cost after deduction ofthe Government'5 NIC5
EmploymentAllowancewhich has been claimed bythe PCC. Entitlementwithin this allowancewas
processed directly by the contracted payroll processing organisation. Forthe fiKal year 2023124,
the limit of this allowance available to the PCC was £5,000- for 2024125, the limit remains the same
as £5,000.
The people employed throughoutthe yearbythe Pccwere as follows: Operations Director. Parish
Administrator, church community worker, caretsker. Accelerate Project coordinator and Compact
youth worker.
No employee ofthe PCC received total remuneration {excludingemployer pension costs) exceeding
£60,000,
The PCC and the Operations Directorare considered to be the key management personnel of the
charity, There were no employee benefits to keymanagement personnel in the previous orcurrent
years.
RELATED PARTIES
During2023, no membersof the PCC were paid forservices rendered, or had personal out-of-pocket
expense5 reimbursed.
Donations from related parties IPCC members) totalled £2,820.00 as general congregational giving.
StFron¢isotlhe EngineRoom 2023Annut71Report&FinanciolStotements
Page 22