11
Parish of Hackney
Annual Report and Accounts 2021
##
##
|REFERENCE AND ADMINISTRATIVE
INFORMATION|REFERENCE AND ADMINISTRATIVE
INFORMATION||||||
|---|---|---|---|---|---|---|
|CHARITY NAME|The Parochial Church Council ofthe||Parish of|Hackney (also known as Hackney|||
||Church)||||||
|CHARITY NUMBER|1158545||||||
|CORRESPONDENCE|Hackney Church
House||||||
|ADDRESS|1 Spiller House, Prodigal Square||||||
||London E81FX||||||
|TRUSTEES|Members ofthe Parish Church|Council (PCC) who served from||||1January 2021to|
||31December 2021||||||
||Rev'd Al Gordon - Rector||||||
||Rev'd Mark Nelson -Associate|Rector|||||
||Rev'd Tosin Oladipo —Curate to May||2021||||
||Rev'd Christa Brodie-Levinsohn|from|July 2021||||
||Rev'd Naomi Maxwell from July|2021|||||
||Annotinette
Bramble —Churchwarden||||||
||Jennifer Jamie —Churchwarden|from|May 2021||||
||John Parmiter —Churchwarden|to May 2021, Deanery Synod Representative|||||
||from May 2021||||||
||Vera Preedy - Licenced Lay Minister,||Lay Vice Chair||to May 2021||
||John Roe —Licenced Lay Minister||||||
||Miriam Gallacher —Diocesan Synod Representative||||to June 2021||
||Temitope Taiwo —General Synod Member from|||October 2021|||
||John Geach - Deanery Synod Representative||||||
||Tim Last - Deanery Synod Representative||||||
||Temi Obembe - Deanery Synod|Representative||from May 2021,||co-opted to|
||May 2021||||||
||Peter Ottino - Deanery Synod Representative||||||
||Olufisayo
Sonuga - Deanery Synod Representative||||||
||Elected members||||||
||Rebecca Adlington||||||
||Yaa Appiah-Badu
Martyn
Bearfoot||||||
||Ruth Best - Secretary||||||
||Michelle Fontaine||||||
||John Fyson||||||
||Linda Harris||||||
||Sam Lawson Johnston
—Treasurer to May 2021,|||Lay Vice Chair from 2021|||
||Dave Lochhead||||||
||Rachel Millar from May 2021||||||
||James Mumford to May 2021||||||
||Patricia Musgrave||||||
||Laura Napper from May 2021||||||
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
||||N
O
~L
I
IO
0||m
m
0
Ol
ill la
Ol
W
m|m
m
0
Ol
ill la
Ol
W
m|N
fa|m
N||N|||ID
IO
ftl||O
0
alt||||CI||Cl
ON|||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
||||I|||||||||||||||||||||
||||W
t 04|lu|m
0
0
0
N
0
ltl
m
Q|||m
N
Ol
r||IO O
00
Ch
In
ca
O
Ctl
Ca|||Ca
r
m
O||O
0
o
0
fll|NN
tll||||||||
||||Ia
W
0
0
CIC
IL
W
Clo|lu|O
N
' R
m
o
IO
N
00
Dl
A
m|
|I
m
N
N|0ct
m
m||Ã N 0
I
H Q
0 0
mmca|la
Ol
Ca
O
IO||IO
OlII
Ca
IO|||||O
r
m|ICI
N
I
OI
W||0
ID
Ca
Itl
Ol||O
ca
IO0|
||||lfl
0
IL|lu|cn m
ln
Ol
m
m
m
fn
Ca
0 N fa
r
arm
m
w
r
lfl
Ifl
I
NN|||ln
ca
nl
O
Ca||OO
IO
O
Ch
O|IOt||IO
Ct
Ch|||||O
r
rln
rm|||Ol|||
||||||||||||||||||||||m|||
||||In
N lu
0 ta
Z 0
Ia
~00||Ol
Ca
Ifl
ID
Ul N
N
Dl
IO e N
CD at
m N
Ch N
O
Ol
O
ta|'Ct
IO
lo
m||||O
Ol
0
r
m
01 frl
IO N O
t N
IO
00
m|t
taN||N
ID
Ca
rN|||ION
Ca
Ct
nl||m
rlal
N||||||
||||W|||||||||||||||||||||
||||tto
C 4
IC||cn m
lh
ID
Ill0|ca0
00
Ch||||I
'
m
Ca
Dl
O
I
cn
m
r|||Itl
00
m
ia|||fn
00
m
IO
I|||||N|||
||||'0
w
3 0
00 IL
IO|||||||Ch
'
IDl
m
IO0||||||tat|||Ia
at|0||||
||||la0|||||||m||||||||||IOO||||
||||'0
af|||||||||||||||||||||
||||.'5
0
IL||it l
Ill N
N
Cl
w o lo fa ol
Ca
ID ln
N
ifl
m ct N' N o
Ol N
00
fa
00
N||taN|||r
m
fn
rrn
ltl N
Iu|||00ct|||8||m
r
Ol
N|'ct
tnO
CI
Ia|||||
||||8
Z||la
Ni
V '0 0
N N N N N|||||al 0
V
mmm||||||||||||||
||||||||||||||||||'8|||||||
|C|CI|||||||||||||||||||||||
|LI|||||||||||||||||0|||||||
|2
U|t|||||||||||Yl
la||||||||||||
|ta
C
U0
CI
C
L
cCoa
U
IU
E
IU
0 0
U
'u u
O
C 5
00 E
m
CI Ia
~
0
al
m 0
0
CI
U
~
la
Cl
Cl
Ia
s e
I='a
u 0
NC I.
al 0 0
0. U u.||||g
0
ca
II
ZU|00
O
0
la
fll
0
U
0
Cl0
fa
t O
Cf 0
IU
U O
tff
E
L 0
ia
U
E
W C
C p
N
IU
V
CC
'0
fa||III
0
U||ZO
I
Nu
III
'
ll
CC:0 '0
o
00
IO
'0
5Um
I
Cf
III
W
tg
'C o
W Z
C
Iu
«5
W
Cf 0
0
I|||al
CL
Cl
Cl
0
Cl
I0
UZ
IL'
I
N
'0
5'
E
Z
'tl||Clt:
CL0
CL'0
0
IU
E
fa
00
8||IC
L0Z
i5
X0
UZ|IU
0
fa'0
Cl
flfL
lal
W
IU
'Cl00
0
Il
Cl
0
0
Cl
$|L
fa
cl
L
0
0
N0
CD|oZ
Z
I-Z
0|N0
N
0L
fa
fa
0
W
0
aa
Cl0
fa
Ia
Itl
CI
5 N
IL Ia
oo
N
sl
or
IO
c(
I||||
##
||||||GROUP||Hackney|Church|
|---|---|---|---|---|---|---|---|---|
|FIXEDASSETS|||Note||2021
6|2020
6|2021
6|2020
8|
|Investments
Tangible assets
CURRENT ASSETS|||12
8||94,575
827,789
922,364|81,600
1,030,864
1,112,464|94,575
376,167
470,742|81,600
586,114
667,714|
|Current account &
Church of England
Debtors
Prepayments|Cash on Hand
Cash Deposit fund||||348,684
252,839
227,425
7,622
836,570|212,831
502,839
143,121
15,872
874,662|317,991
252,839
263,701
8,122
842,653|185,805
502,839
232,397
16,872
937,913|
|LIABILITIES:AMOUNTS|FALLING|DUE|||||||
|WITHIN ONE YEAR|||13(a)||(340,840)|(307,143)|(288,750)|(328,242)|
|NET CURRENTASSETS|||||495,730|567,519|553,903|609,671|
|LIABILITIES:AMOUNTS|FALLING|DUE|||||||
|AFTER MORE THAN ONE YEAR|||13(b)||(1,000,000)|(1,000,000)|(1,000,000)|(1,000,000)|
|NET ASSETS|||||418,094|679,982|24,645|277,385|
|FUNDS||||9|||||
|Unrestricted
Designated
Restricted
Designated
Non-Charitable
Restricted
Reserves ofthe||Trading Reserves
Consolidated
Charity|||(152,878)
111,125
66,398
(48,717)
442,166|48,156
165,444
63,785
(58,564)
461,161|(111,478)
111,125
24,998|48,156
165,444
63,785|
||||||418,094|679,982|24,645|277,385|
##
|Parochial Church Council ofHackney Church
Consolidated
Cash Flow Statement
For the year ended 31December 2021||||
|---|---|---|---|
|||Group||
|||2021|2020|
|Cash Flowsfrom Operating
Activities:|Note|E|E|
|Net Expenditure
for the Year
Adjustments
for:||(261,889)|(740,045)|
|Depreciation
Dividend
and Interest Income from Investment
Activities
Unrealised
(Gains) on Investment
Assets
Net expenditures
on Building Restoration
Project
Less Grants Received as Financing Activities
(Increase)/Decrease
in operating
activity debtors
Decrease/(Increase)
in operating
activity prepayments
Increase/(Decrease)
in operating
activity creditors
Net Cash Flow from Operating
Activities:|8
2(d)
11
11
13|245,781
(1,224)
(12,973)
22,379
(240,233)
(141,044)
8,250
62,373
(318,582)|133,946
(5,161)
(6,574)
2,041,660
(594,890)
155,015
(2,903)
(191,431)
789,617|
|Cash Flowsfrom Building Restoration
Project:||||
|Net expenditures
from Building Restoration
Project
Decrease in Building Restoration
debtors
Decrease
in Building Restoration
prepayments
(Decrease) in Building Restoration
creditors
Net Cash from Bugding project Activities:|3(b)
11
13a|(22,379)
56,739
(28,676)
5,683|(2,041,660)
555,865
240,240
(241,715)
(1,487,271)|
|Cash Flows from Investing Activities:||||
|Purchase ofother fixed assets
Gift ofLeasehold
Property
Interest received on Investment
Activities
Net Cash from Investing Activities:|8
8
2(d)|(42,705)
1,224
(41,481)|(690,145)
(450,000)
5,161
(1,134,984)|
|Cash Flows from Financing
activities:||||
|Grants received
in Current Year from Financing
Activities
Net Cash Flows from Financing activities:||240,233
240,233|594,890
594,890|
|Net Decrease in Cash and Cash equivalents||(114,147)|(1,237,748)|
|Movement
in cash and cash equivalents:||||
|Net Decrease in cash and cash equivalent
Cash and cash equivalents
at beginning
ofperiod||(114,147)
715,670|(1,237,748)
1,953,418|
|Cash and cash equivalent
asat end ofPeriod||601,523|715,670|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|2 CONSOI.IDATED INCOME|||||||
|---|---|---|---|---|---|---|
|2(a) Congregation
Giving||Unrestricted
Funds
E|Designated
Funds
6|Restricted
FIIIIIIs
6|TOTAL FUNDS
2021
E|TOTALFUNDS
2020
E|
|Regular donations
One-off donations
Collections (open plate) at all services
Gift Aid from HMRC
2(b) Charitable
activities||465,041
293,158
8,223
127,467
893,889||51,159
40,650
13,270
105,079|516,200
333,808
8,223
140,737
998,968|376,708
321,023
10,840
132,361
840,932|
|Church Events
Wedding,
baptism
and Funeral Fees
2(c) Other Funds Generated:||19,411
5,194
24,605||53
53|19,464
5,194
24,658|289
104
393|
|Property income
Grants
Bursary and Support Income||126,257
127,220||20,558
240,233|146,815
367,453|166,329
659,166|
|Resource Church Income
Listed Places ofWorship Tax Refund
Heritage
Lottery Fund Grant||25,969
2,115||773|25,969
2,888|500
25,319
92,632|
|||281,561||261,564|543,125|455,566
1,399,512|
|2(d)
Investments|||||||
|Investment
Interest
Dividend
Income
Bank interest
2(e) Otherlncome||2
737
485
1,224|||2
737
485
1,224|13
711
4,437
5,161|
|Other Income||20,590|||20,590|46,133|
|2(f) Trading Activity Income|||||||
|HEEL
SIHT|||356,544||356,544||
|||||9,800|9,800|22,437|
|Total ConsoBdated
Income||1,221,869|356,544|S76,496|1,954,909|2,314,568|
|3CONSOLIDATED EXPENDITURE|||||||
|||Unrestricted|Designated|Restricted|TOTALFUNDS|TOTALFUNDS|
|3(a) Church Activities||Frrrrds
6|Funds
6|Funds
E|2021
6|2020
E|
|Outreach / Giving to other Organisation
s
Evangelism
Expenses
Wider Christian
Community
Support
Sunday. Digital and Special Services
Clergy Expenses
Premises,
Building and Maintenance
costs
Administration
and Central Costs
Worship and Prayer Ministry
Families, Students,
Youth and Children
Discipleship
Expenses
Church
Event Expenses
Miscellaneous
Expenses
Total Church Activities||3,536
30,633
80,232
347,188
10,033
365,554
294,300
93,414
62,035
34,030
83,061
9,481
1,413,497|27,341
807
26,171
54,319|132,944
32,572
58,060
59,594
18,028
69,547
7,439
900
379,084|136,480
30,633
80,232
407,101
10,033
424,421
380,065
111,442
131,582
41,469
83,061
10,381
1,646,900|214,429
29,786
106,484
262,682
6,245
290,337
261,717
87,515
84,215
18,083
14,173
3,966
1,379,632|
|3(b) Bugdlngand
Property Expenditures|||||||
|Church
Bugding Restoration
Project||22,379|||22,379|2,041,660|
|3(c) Trading Acthdtles|||||||
|HCEL
SIHT|||346,697|13,795|346,697
13,795|89,895|
|Total ConsoRdated
Expenditure||ZPI35,876|401,016|392,879|2,229,771|3,511,187|
##
##
##
|||2021|2020|
|---|---|---|---|
|||E||
|Venue Hire||||
|Music Event Income||32,825|625|
|Floristry Sales
Other Income||322,895
407|20,000
1,714|
|TotalTurnover||417|98|
|||356,544|22,4$7|
|Operating
Expenditures||||
|General Expenses
Legal Costs||4,392|466|
|Music Consultants||12|3,350|
|Event Marketing
and Communications
Music Event Expenses
Floristry Marketing
and Communications||1,876
2,585
280,113|7,000
1,097|
|Floristry Materials|||2,582|
|Use of Hackney Church staff
Depreciation||441
56,676|1,076
65,430|
|Total Operating
Expenditures||602
$46,697|$1,001|
|Net Profit/(Loss)
Retained
in HCEL||9,847|(58,564)|
|Distributions
tothe|Parish ofHackney|||
|Accumulated
(Loss)|Brought Forward|(58,564)||
|fond:harhable
Trading|Reserves|(4$,717)|(58,564)|
##
##
|oug
e objectives ofthe|charity|are aggned to the churchtheParish|ofHkd||
|---|---|---|---|---|
|||,|acney an SJHTtransact as independent|entities.|
||||2021|202D|
|Income|||6|E|
|Donations|||||
|Rental income|||||
|Gift ofLeasehold Property|||36,200|20,000|
|Total Income||||450,000|
||||36,200|470,000|
|Expenditures|||||
|Administration
Expenses
Repairs and Maintenance|||2,016|60|
|Grants Distributed|||2,779|3,584|
|Deprecation ofLeasehold
Total Expenditures|Buildings||41,400
9,000
55,195|5,250
8,894|
|Net (Deficlt)/Surplus
Retained|In SJHT||||
|Accumulated
Surplus Brought Forward|||(18,995)
461,161|461,106
55|
|Charitable
Trading Reserves|||||
|||||461,161|
##
##
##
##
##
##
|10 ANALYSIS OF ASSETS BYFUND||||||
|---|---|---|---|---|---|
|||Unrestricted|Designated|Restricted||
|||Funds|Fenrir|Funds|Total|
|10(a)Group Assets by Fund|||6|E||
|Leasehold Properties
Fixed Assets for church use
Fixed asset Investments
Current Assets
Liabgities due within one year
Uabigtles due after one year
Total Group Assets by Fund||282,968
63,838
752,315
(251,998)
(1000,000)
(152,878)|96,140
30,737
(13,699)
(50,770)
62,408|435,750
12,931
97,954
(38,072)
508,564|435,750
392,039
94,575
836,570
(340,840)
(1,000,000)
418,094|
|||Unrestricted|Designated|Res!rlcted||
|||Funds|Funds|Funds|Total|
|10(b)PCCAssets by Fund||E|6|||
|Fixed Assets for church use
Fixed asset Investments
Current Assets
Uabgltles due within one year
Llabgitles dua after one year
Total PCCAssets by Fund||282,968
63,838
793,714
(251,998)
(1,000,000)
(LLLFITB)|80,2M
30,737
120
111,125|12,931
4S,819
(36,752)
24,998|376,167
94,575
842,653
(288,750)
(1,000,000)
24,645|
|11DEBTORS AND PREPAYMENTS||||||
||Group 2021|Group 2020||PCC2021|PCC 2020|
|Debtors|E|8||6|E|
|Gift Aid tax recoverable
Grants Receivable
Amounts
Due from HMRC for VAT Receivable
Amounts
Due from Usted Places ofWorship
Amounts
Due from Heritage lottery Fund
Amounts
Due from Saint Music Collective
Amounts
Due from SAINT churches
Accounts Receivable
Amounts
Receivable from HCEL|11,739
69,101
2,887
20,811
11,100
34,316
54,916|10,805
3,799
6,244
77,550
31,922||11,739
69,101
2,887
20,811
11,100
34,316
21,283|10,805
6,244
77,550
31,675|
|Amounts
Recelvable from SIHT||||69,315|89,172|
|Other Debtors
Debtors forthe year ended 31December 2021|22,555
227,425|12,801
143,121||1,562
21,587
263,701|16,951
232,397|
|Prepayments
and Oeposks||||||
|Rental Prepayments
for Curate Housing
Other Prepayments
for Church Activities
Prepayments
forthe year ended Sl December 2021|1,688
5,934
7,622|1,573
14,299
15,872||1,688
6,434
8,122|1,573
15,299
16,872|
##
##
|(a) LIABILITIEEBAMOUNTS|FALLING DUE WITHIN ONE YEAR|||||
|---|---|---|---|---|---|
|||Group||PCC||
|||2021|2020|2021|2020|
|Accounts
Payable
Amounts
Payable to SJHT
Amounts
Payable to Employees for Expenses
Other Creditors
PAVE and Nl due to HMRC
VAT Payable
Audit Fee
Rental Deposits held
Other Accruals||E
74,221
55
212,141
16,464
16,329
13,330
6,425
1,875|E
78,625
818
185,286
19,269
12,950
8,300
1,895|6
71,686
55
153,090
16,464
25,825
13,330
6,425
1,875|E
77,222
17,316
818
185,286
19,269
5,186
12,950
8,300
1,895|
|||340,840|307,143|288,750|328,242|
|b) LIABILITIES:AMOUNTS|FALLING DUE AFTER ONE YEAR|||||
|||Group||PCC||
|||2021|2020|2021|2020|
|Long Term Loan||E
1,000,000|E
1,000,000|E
1,000,000|E
1,000,000|
|||1,000,000|1,000,000|1,000,000|1,000,000|
##
##
##