ST PAUL`S CHURCH GOODMAYESANNUAL REPORT AND FINANCIAL STATEMENTS ## **Responsibilities of the Parochial Church Council** The Parochial Church Council (“The Council”) is required to prepare financial statements for each financial year that give a true and fair view of the state of affairs of the Parish as at the end of the financial year and of its income and expenditure for that period. The Council confirms that suitable accounting policies have been used and applied consistently, and reasonable and prudent judgments and estimates have been made in the preparation of the financial statements for the year ended 31 December 2023. The Council also confirms that applicable accounting standards have been followed and that the financial statements have been prepared on the going concern basis. The Council is responsible for keeping proper accounting records, for taking reasonable steps to safeguard the assets of the Parish and to prevent and detect fraud and other irregularities. By Order of the Council The Reverend Janet Buchan John G Hill Vicar and PCC Chair Treasurer 20[th] April 2024 1 ST PAUL`S CHURCH GOODMAYESANNUAL REPORT AND FINANCIAL STATEMENTS ## **Index** |Safeguarding|3| |---|---| |Membership of the Parochial Church Council|4| |Committee Membership|5| |Electoral Roll Report|5| |Report on Activities:|| |Parochial Church Council|6| |Community Centre Committee|6| |Deanery Synod|7| |Far East Redbridge Mission and Ministry Unit (FERM)|7| |Goodmayes Fellowship of Churches|7| |Worship|8| |Music|8| |Church Teams|8| |Social and Outreach Activities|9| |Thursday Drop-In Session|10| |Fundraising|10| |Young People|| |Sunday Squad|11| |Messy Church and Godly Play|11| |School Contacts|11| |Developing our Faith|12| |Report on Fabric, Goods and Ornaments|13| |The Flower Guild|13| |Charitable Giving|14| |The Parish Magazine|14| |Conclusion|15| |**Finance**|| |Independent Examiner’s Report|16| |Statement of Financial Activities|17| |Balance Sheet as at 31 December 2021|18| |Notes to the Financial Statements|19| |Income and Expenditure Accounts|| |General Fund Income|27| |General Fund Expenditure|28| |Assistant Clergy Fund|29| |Organ Fund|30| |Restoration Fund|31| |St Paul’s Community Centre Fund Income|32| |St Paul’s Community Centre Fund Expenditure|33| |Flower Fund|34| 2 ST PAUL`S CHURCH GOODMAYESANNUAL REPORT AND FINANCIAL STATEMENTS ## **Safeguarding Statement and Report 2024** The care and protection of children, young people and vulnerable adults involved in Church activities is the responsibility of the whole Church. St Paul’s continues to promote a safe environment for all, following the protocols established by the PCC in previous years and building good safeguarding practice into our work with children, young people and vulnerable adults. If there are any concerns, you should speak to Kim Bownas or Rev’d Janet immediately. If you feel someone is in immediate danger, you should call the Police or the local Social Services Duty Team. There were no safeguarding concerns reported at St Paul’s during 2023. Safeguarding is a standing item on every PCC meeting agenda, with relevant updates and discussion as required. Relevant training is up-to-date for all members of the congregation, including PCC members and those with other responsibilities, such as supporting Sunday Squad. DBS checks are also up-to-date for relevant church members, with a regular review of when these will need to be renewed. Kim Bownas, Parish Safeguarding Officer 3 ST PAUL`S CHURCH GOODMAYESANNUAL REPORT AND FINANCIAL STATEMENTS ## **The Parochial Church Council of the Parish of Goodmayes St Paul** ## _Background_ The Parish of Goodmayes St Paul is part of the Deanery of Redbridge in the Barking Area of the Diocese of Chelmsford. The Parochial Church Council (PCC) is responsible for co-operating with the Vicar, The Reverend Janet Buchan, in promoting in the ecclesiastical parish the whole mission of the Church: pastoral, evangelistic, social and ecumenical. It is also responsible for the maintenance of the Church building and the Community Centre. ## _Membership_ Members of the PCC are either _ex officio_ or elected by the Annual Parochial Church Meeting in accordance with the Church Representation Rules. During this financial year, and up until the production of the Annual Accounts, the following served as members of the PCC: ## **January-March 2023 March-December 2023** Vicar & Chair The Rev’d Janet Buchan The Rev’d Janet Buchan Churchwardens Mr Lawrence Asea Dr Gweneth Nneji Dr Gweneth Nneji Ms Lynda Weekes Vice Chair Mrs Judith Halls Dr Gweneth Nneji Secretary Mrs Val Thompson Mrs Val Thompson Electoral Roll Officer Ms Sharon Samuels Mrs Leanne Scott Treasurer Mr John Hill Mr John Hill Deanery Synod Dr Gweneth Nneji Dr Gweneth Nneji Reps Mrs Helen Williams Mrs Helen Williams Elected Members Dr Kim Bownas Dr Kim Bownas Mr Robert Halls Mrs Judith Halls Mr John Hill Mr Robert Halls Mrs Wendy Hill Mr John Hill Mrs Sheila Ramasamy Mrs Wendy Hill Ms Sharon Samuels Mrs Sheila Ramasamy Mrs Leanne Scott Mrs Leanne Scott Mrs Val Thompson Mrs Val Thompson Ms Lynda Weekes _vacancy_ Mrs Judith Halls (co-opted) 4 ST PAUL`S CHURCH GOODMAYESANNUAL REPORT AND FINANCIAL STATEMENTS ## **Committees** ## **Standing Committee** The PCC has a Standing Committee as required by law. It meets when necessary between PCC meetings. It has the power to transact the business of the PCC, subject to any directions given by the PCC. In 2023, the membership consisted of: the Vicar (chair), the Churchwardens, the Treasurer, the PCC Secretary and Mrs Judy Halls. ## **Community Centre Committee** This committee oversees the administration, cleaning and maintenance of the fabric of the Community Centre. The Committee also sets hire fees, proposes conditions of hire (to be ratified by the PCC) and manages the finances. The membership consists of: Judy Halls (chair), Lawrence Asea, John Hill, Gwen Nneji and the Vicar. ## **Report on the Electoral Roll of the Parish** As required by the Church Representation Rules (2020), the Electoral Roll has been revised in preparation for the 2024 Annual Parochial Church Meeting and is available to view on the interior notice board opposite the normal entrance to the church. It is made up as follows:- |Males-living within the Parish|15| |---|---| |Males-living outside the Parish|8| |Females-living within the Parish|32| |Females-living outside the Parish|16| ||---------| |Total|71| ||=====| This is ten more than the number reported at last year’s Annual Parochial Church Meeting. No-one was removed from the Roll during the year. New members are added as they become eligible and ten joined the church. Two existing members moved into the Parish during the year. Leanne Scott, Electoral Roll Officer 5 ST PAUL`S CHURCH GOODMAYESANNUAL REPORT AND FINANCIAL STATEMENTS ## **A Report on the Activities of the PCC and the Parish** ## **Parochial Church Council** Meetings of the PCC in 2023 were held in January, February, April, July, September and November. All meetings were held in person at the Vicarage beginning with a short Eucharist at 7.30pm before the meeting at 8pm. We have a hard-working PCC with mostly excellent attendance at all meetings. The Community Centre Committee meet between the full PCC meetings and accounts of their deliberations were received by the full PCC and discussed where necessary. Throughout 2023 areas of discussion were: church heating and electrics, church audio systems, safeguarding requirements, Parish Share and worship and IT provision. Two other areas were the situation with the Scout group and its premises and the discussion with the Charity Commission about the Assistant Clergy Fund. These items were brought up in the January meeting and continued being processed throughout the year. In February the accounts were signed off and John Hill thanked for his major contribution to looking after our church bank balance. The opportunity for the church to have a defibrillator was raised. In April movement was made in the heating and audio areas, also documents relating to Risk Assessment and Role Descriptions for positions within church were agreed. In July we were delighted to have the appointment of Dr Gwen Nneji as Authorised Local Preacher made official by Chelmsford Diocese. Adult faith development and Green Issues were also on the agenda. In September the provision for our young people, Smart Water and Human Resources Policies were our focus. In November we learned that the next Health and Safety review would have to be postponed until early 2024 due to diary issues on the part of the reviewer. Throughout the year members of the PCC have spent many hours preparing vital documentation to ensure that we, as a church, are compliant with the various areas of legislation. Many items are presented, as formal papers, to the PCC members who need to read them all prior to the meetings so the discussion and decision processes can be made in our meetings. The PCC secretary and chairman thank the elected officers and all involved for their support and co-operation. Valerie Thompson, Secretary ## **The Community Centre Committee** The Centre is the primary source of the PCC’s annual income. It continues to be used by Barleymont Pre-School (our largest client). The Karate Club continues on Tuesday and Thursday evenings. Alcoholics Anonymous have started a meeting in the Centre on Sunday afternoons. Private parties have steadily continued throughout the year. Lettings continue to be administered by Judy Halls, Chair of the Community Centre Committee. It was with sadness that we heard of the death of the Community Centre Cleaner, Mr Satwant Singh, at the beginning of December after a short illness. During 2023 we have been able to continue to keep the building well maintained. There have been repeated problems with water leaks through the ceiling from the flats above. We have been in regular contact with Peabody, the Housing Association that owns the flats, although the problem was not fully resolved by the end of 2023. 6 ST PAUL`S CHURCH GOODMAYESANNUAL REPORT AND FINANCIAL STATEMENTS Judy Halls, Committee Chair 7 ST PAUL`S CHURCH GOODMAYESANNUAL REPORT AND FINANCIAL STATEMENTS ## **Deanery Synod** The Synod met three times in 2023, with all meetings held in-person. There were regular reports and updates on activities in the Deanery and the Diocese. The February meeting included a presentation from Paul Samuels of Redbridge and Ilford Citizens, one of seventeen chapters of Citizens UK, to explain its work and approach. Currently there are nine member institutions, including churches of different denominations. Current campaigns included: youth safety, promoting mental health and prevention of hate crime. Churches were invited to consider whether they wish to become members. There is a financial commitment and a need to commit volunteers. The June meeting included a presentation on Anna Chaplaincy, by Julia BurtonJones. Anna Chaplaincy was founded in 2010 to minister to older people. The organisation in ecumenical, person-centred and non-judgemental, providing community-based spiritual care for older people of strong, little or no faith, liaising with local churches. There was also a presentation from Michaela Southworth, Chelmsford Diocesan Secretary and CEO. She spoke about her work with the Diocese, her personal history and the Diocese’s challenges and direction of travel. The November meeting was given over to a discussion on the developing strategy for Redbridge Deanery. Members were invited to reflect on the successes, challenges, new possibilities and needs within their parishes and to discuss in small groups. Many reasons for optimism were identified, including a sense that people are still open to meeting with God; good work in healing ministry; enthusiasm about initiatives in churches serving the community; excitement about God doing new things. Challenges identified included being a religious minority in contemporary culture; falling numbers and ageing congregations; difficulty of connecting with people on the margins; “spiritual competition” with other denominations; the challenge to turn community engagement and relationship into discipleship. Work continues on the creation of a strategy for Redbridge Deanery. ## **Far East Redbridge Mission and Ministry Unit (FERM)** The FERM has still not met formally since the pandemic. The Rector of the Aldborough Benefice (which combines the parishes of St John’s Seven Kings and St Peter’s Aldborough Hatch) has been unwell and the Vicar of All Saints’ Goodmayes moved to a new post in June 2023. As a gesture of solidarity with All Saints’ in their interregnum we joined them for their main Sunday Eucharist on All Saints’ Day and enjoyed a joyous occasion. Rev’d Janet has provided advice and support to their churchwardens as needed and has taken a monthly 8am Eucharist at All Saints’. ## **Goodmayes Fellowship of Churches** The Goodmayes Fellowship of Churches is an ecumenical group of Christian Churches in the Goodmayes area: All Saints’ Goodmayes, Goodmayes Baptist Church, Goodmayes Methodist Church, St Cedd’s Roman Catholic Church and St Paul’s. We have been delighted to welcome members from St Cedd’s Roman 8 ST PAUL`S CHURCH GOODMAYESANNUAL REPORT AND FINANCIAL STATEMENTS Catholic Church and from Goodmayes Methodist Church as volunteers on our English for Women team. Other joint activities continue to be difficult to arrange, apart from Lent Lunches, which took place as usual in 2023. 9 ST PAUL`S CHURCH GOODMAYESANNUAL REPORT AND FINANCIAL STATEMENTS ## **Worship** We are blessed at St Paul Goodmayes with a steady increase in the number and diversity of our worshiping community. We ensure that our worship is inclusive and accessible by providing an easy to follow service booklet, which contains all the details of the service including the hymns, printed both in regular and large print format. Participation by members of the congregation in the service is also encouraged through the many teams including welcoming, hospitality, reading and leading the prayers, and particularly including our younger people in monthly All Age Services. - Attendance – the number of adults and young people attending on an ordinary Sunday continues to increase with more families with young children attending regularly. Attendance of adults and young people on an ordinary Sunday often exceeds 40. - Receiving communion – the average number of adults and young people receiving communion on an ordinary Sunday is 40. - Zoom services – As well as services in church we have continued to offer online services by Zoom, including Morning and Night prayer services and the Sunday morning service on the first Sunday of every month. These online services are regularly attended by several members of our regular worshiping community. The remote service is particularly valued by those in our worshiping community who are not able to come into church. Gwen Nneji and Lynda Weekes, Churchwardens ## **Music** Our choir lost the services of one of our sopranos this year and now consists of four ladies and a male bass. They have continued to lead the music at the Sunday Eucharist and offered a sung responsorial psalm on one Sunday of the month, usually the first, in addition to the regular hymns and Mass setting. John Hill, Organist and Choirmaster ## **Church Teams** The Churchwardens are grateful to all who serve on the church teams supporting worship in one or more of the ways listed below. The Churchwardens are always keen to hear from anyone who would like to join a team. Below is some information about the different roles. 10 ST PAUL`S CHURCH GOODMAYESANNUAL REPORT AND FINANCIAL STATEMENTS - Communion Assistants – currently there are eight people licensed to assist with the administration of communion. - Intercessors – our six volunteers lead the prayers in rotation, presenting in different styles. - Hospitality team – four volunteers take turns on rotation to provide refreshment after the principle Sunday service, they are on duty usually once every four weeks. - Readers – this is the largest group of volunteers. In the principal Sunday service, the Psalm, Old and New Testament lessons are read by different people. The volunteers may find they are on duty every four to six weeks. This diverse team of volunteers is representative of the congregation and includes a variety of voices across the generations celebrating the participation of many members of the congregation, in worship. - Sides people – play an important role of providing a warm welcome, direction and support to visitors and regular members of our church. The team is made up of eight volunteers, who are on duty every five or six weeks. They are appointed at the Annual Parochial Church Meeting each year. - Zoom set-up – on the first Sunday of every month we provide an online Zoom service, which is much appreciated by members of the congregation who are unable to get into church. This is possible thanks to a team of three volunteers. The Churchwardens are grateful to all who continue to serve on these teams. We are always on the lookout for more volunteers. If you would like to join any of these teams, do make yourself know to either of the Churchwardens. ## **Social and Outreach Activities** Our social and outreach activities continued well in 2023. Drop-In sessions for residents of Atholl Court and the associated unit at Grove Farm continue (see below). Judy Halls continues with fortnightly visits to Meadow Court as a volunteer with the North East London NHS Foundation Trust, supported by the Chaplaincy Team at Goodmayes Hospital. An attempt to resume monthly communion services at Goodmayes Hospital was unsuccessful due to the non-availability of a suitable accessible space in the hospital in which to hold services. We continue to liaise with the Chaplaincy Team who are trying to find a solution. Our ‘English for Women’ group continues to grow, with very positive feedback from learners. Volunteers include members of other churches, as well as St Paul’s. We 11 ST PAUL`S CHURCH GOODMAYESANNUAL REPORT AND FINANCIAL STATEMENTS do not aim to teach English, but rather to facilitate conversation with the aim of developing basic skills and vocabulary, along with understanding of British culture, so decreasing vulnerability and isolation. English for Women is unusual in that the learners are able to bring their pre-school children to the sessions. This is sometimes challenging but hugely appreciated. Rev’d Janet continues as Chair of the Seven Kings Community Policing Neighbourhood Ward Panel. Meetings provide a forum for liaison between the police and local residents. We have also held a number of “Cuppa with a Copper” meetings in the Church alternating between Saturday mornings and weekday early evenings, giving an opportunity for a wider group of people to raise concerns with the local police, Redbridge Enforcement Officers and councillors. Parish lunches were held after the Annual Meeting, to celebrate the Coronation of HM King Charles, and for Harvest. 12 ST PAUL`S CHURCH GOODMAYESANNUAL REPORT AND FINANCIAL STATEMENTS ## **Thursday drop-in session (a.k.a. Coffee Morning)** The Mental Health drop-in has had 49 sessions in the last year, meeting each Thursday afternoon for an hour and a half. It is offered to residents of Atholl Court and Grove Farm, which are both units for people with mental health support needs. Residents of Atholl Court are entitled to three hours per week of social care support, delivered by support workers employed by L&Q Living, who are based at Grove Farm where they provide a 24-hour service. The drop-in is called “coffee morning” by the residents because, pre-pandemic, the sessions were held in the morning! The number of attendees varies between six and eight. Attendance is largely dependent on the health of residents. Sessions are supported by the L&Q team, along with Judy Halls, Wendy Hill, Sheila Ramasamy and Rev’d Janet. We have recently introduced some simple activities like painting and drawing. Board games, in particular Connect 4, continue to be favourites. And there is always tea, coffee or hot chocolate and toasted sandwiches. For Christmas we gave bags of toiletries and Christmas treats to all the residents of Atholl Court and Grove Farm. They, in turn, surprised us with paper stars personally decorated by them with handwritten messages. Some examples: from the support staff, “Coffee morning has provided positive consistency for the residents every week….” “Thank you for the dedication in hosting coffee morning and for making the staff so welcome.” and the residents, “The ladies at coffee morning are friends, good listeners, non-judgemental.” “I like coffee morning because God is present.” “Thank you for the presents every year…for remembering all of us.” “Coffee morning is peaceful, comfortable, welcoming.” “It feels like a peaceful haven to discuss whatever.” We are pleased to offer this service and friendship to our neighbours. Sheila Ramasamy ## **Fundraising** The Fun Nite in January raised £190.50. We thank Judy Halls for organising the event which, as ever, proved a most entertaining evening. The Autumn Fayre raised £578.75. An enjoyable team event, led by Judy Halls and Wendy Hill; poor weather reduced the numbers of visitors to the occasion which, nonetheless, raised slightly more than in 2022. The Bonus Ball scheme, which runs throughout the year and is organised by Wendy Hill, is still our most successful fund-raiser, producing around £884 and we are grateful to all those who participate. The churchwardens and the vicar would be very pleased to hear of further ideas for fundraising activities. 13 ST PAUL`S CHURCH GOODMAYESANNUAL REPORT AND FINANCIAL STATEMENTS ## **Young People** St Paul’s seeks to be a place where young people feel accepted and among friends, helping them to develop as whole people and enabling them to know themselves, to know God and to grow as Christians. Our plans to explore joint working with other local churches to develop provision for young people have still not been possible. We continue to keep this on the agenda and have applied to the Charity Commission to expand the purposes of our Assistant Clergy Fund, enabling us to use the money to revitalise youth work in the parish. ## **Sunday Squad** Sunday Squad continues to meet during the first part of the Sunday morning service, two or three times a month. Numbers can vary week to week, but around 6 to 9 children attend regularly. Several members of the congregation support the group as they are meeting and their help is much appreciated. The children play a full part in worship at St Paul’s, regularly reading in the services or taking on other roles. The usual Nativity Play was performed in December and was, as always, well-received! Kim Bownas, Sunday Squad Leader ## **Messy Church and Godly Play** Messy Church is a way of being church for families that includes: craft and other fun activities, child-friendly worship and sharing a simple meal. Sessions encourage adults and children to work and worship together. We offered seven Messy Church sessions on Sunday afternoons in 2023, with an average of approximately ten children, plus accompanying adults attending. In November we began a new initiative, offering a “Godly Play” session in place of Messy Church, led by Kim Bownas, based on the story of Abraham. Godly Play is calm, ritualistic and focused. There is an emphasis on children’s learning through discovery and experience. It includes: gathering and preparation; storytelling; “wondering” - questions that invite children to consider their own response to the story; free choice of art and craft activity; sharing a “feast” (a light snack) together; blessing and individual goodbyes. The session was very positively received by the children attending and we decided to continue into 2024, alternating Messy Church and Godly Play sessions. ## **School Contacts** We pray regularly for the schools in our parish: Barley Lane Primary School, Farnham Green Primary School, Eastcourt Independent School, Chadwell Primary School, Chadwell Heath Academy and Newbridge School. In 2023 we were again privileged to have good contacts with two of the schools. Visits by Year 1 and Year 2 pupils from Farnham Green School took place in March and October. Rev’d Janet went to Barley Lane School to talk about Baptism to Year 1 pupils in March and they visited the Church in May. In October, Year 5 pupils from Barley Lane School visited the Church to understand more about Christian worship. 14 ST PAUL`S CHURCH GOODMAYESANNUAL REPORT AND FINANCIAL STATEMENTS They had many questions and Rev’d Janet went to the school later to address some of them. They included: “Who wrote the Bible?” “What is your prayer called and how many do you have?” “Why are there different groups of Christianity?” “What do you like about being Christian?” And a number of questions about the Trinity. It was an enjoyable, if challenging, session. In April, just before the Coronation of King Charles, we held a session in the Church for a group of Year 5 pupils from Barley Lane School to have conversations with a number of adults in our congregation and local area about their memories of Queen Elizabeth’s Coronation. As always, it was inspiring to see the concentration and interest on the faces of both the children and the adults. ## **Developing our Faith** Learning as Christians is not just for children. At St Paul’s we also offer opportunity for adults to learn and grow in faith and understanding. Our Lent Course in 2023 used the “Growing Good” material produced by the Church Urban Fund. We offered sessions on Tuesday evenings on Zoom, and in person on Wednesday mornings, with approximately a dozen people attending. The material combines biblical reflection and practical insight with the aim of equipping churches to grow in faithfulness and fruitfulness. In October we began a Kintsugi Hope Wellbeing Group. Kintsugi Hope is a Christian organisation which aims to help people to experience safety and support; develop an increase in self-worth, confidence and wellbeing and a deeper understanding of the reality of God’s love; signpost individuals to additional support if needed. Wellbeing Groups for adults run for twelve sessions, exploring issues of: anxiety, depression, shame, anger, disappointment and loss, perfectionism, forgiveness, self-acceptance, healthy relationships and resilience. Six sessions were run in the autumn, with the remaining six running in 2024. The sessions were led by Rev’d Janet and seven members of the congregation participated. We hope to offer further groups in the future. We also plan to offer a Kintsugi Hope “Mental Health Friendly Church” day in the autumn on 2024. 15 ST PAUL`S CHURCH GOODMAYESANNUAL REPORT AND FINANCIAL STATEMENTS ## **Report on Fabric, Goods and Ornaments** The following is a summary of work that took place in the church during 2023. - Additional insulation material was installed in the loft space of the Meeting Room in Jan 2023. - Replacement and installation of the new sound system in April 2023. A new hearing loop was installed at the same time. - We purchased a desktop computer and necessary associated equipment to replace the original laptop computer which was being used to support worship on Sunday mornings. The new equipment was purchased in April 2023. - Removal of the broken gas heater in the Meeting Room was followed by the installation of an electric heater in April 2023. - New mobile drawer units purchased to store the resources for our English for Women project and for young people in the church arrived in June 2023. - The purchase of and installation of a Defibrillator was made in July 2023. The Churchwardens have agreed to visually check the machine once a month. - Maintenance work – staining and re-lacquering of all the external doors (i.e. south side porch and tower and the meeting room) was undertaken and completed by Joe Walker in August 2023. - Repairs to the “broken electrical service head” (reported in the 2020 Condition Report) was finally completed by the UK Power Network in August 2023. Gwen Nneji & Lynda Weekes, Churchwardens ## **The Flower Guild** The Flower Guild has continued to enhance the worship of all church services with beautiful floral displays throughout the year. The members of the St Paul`s Flower Guild are June Capel, Judy Halls, Wendy Hill, Linda Weaver and Val Thompson and I would like to thank them for their contribution over the past year. I would also like to thank all those who give so generously towards the cost of the flowers. Wendy Hill 16 ST PAUL`S CHURCH GOODMAYESANNUAL REPORT AND FINANCIAL STATEMENTS ## **Charitable Giving** During the year the following charitable donations were made from PCC funds: ||£| |---|---| |The United Society for Partners in the Gospel (USPG)|600| |The River House Trust (formerly the Cara Trust)|300| |The Prison Fellowship|300| |The Friends of Essex Churches Trust|300| |The Falconer Trust|300| |The Church Army|150| |Christian Aid (for Gaza Relief)|150| |Disasters Emergency Committee: Turkey Earthquake Relief|150| |Redbridge Food Bank|150| |Redbridge Respite Care|150| |Refugee Welcome Dagenham (St Mary’s Ilford)|200| |**TOTAL**|**2,750**| |n addition, funds were raised from parishioners and others for a variety of c|haritabl| |bjectives. These payments (including Gift Aid recovered where possible) were:|| ||£| |Disasters Emergency Committee: Turkey/Syria Earthquake|181| |Children’s Society|255| |Christmas boxes for residents of Atholl Court and Grove Farm|260| |Redbridge Food Bank|105| |Christian Aid|55| |**TOTAL**|**856**| In addition, funds were raised from parishioners and others for a variety of charitable objectives. These payments (including Gift Aid recovered where possible) were: All of these funds were expended save for £51.00 in the Atholl Court Fund which will be used to offer hospitality to those residents who attend our Thursday afternoon drop-in sessions. John Hill, Treasurer ## **The Parish Magazine** The Parish Magazine continues to be printed on the church copier. Eighty copies are produced each month and I am grateful to Judy Halls in helping with the distribution. Four copies are posted to readers outside the parish. Most of our local FERMMU and Goodmayes Fellowship Churches receive a copy, as does the Goodmayes library. The sale price of the magazine remains the same, at 50p. The magazine is part-funded by advertisements from local businesses to whom we are most grateful. Wendy Hill, Editor 17 ST PAUL`S CHURCH GOODMAYESANNUAL REPORT AND FINANCIAL STATEMENTS ## **Conclusion** 2023 felt like a year of consolidation. Church life had returned to relatively “normal” after the pandemic, but it became clear that it would never be exactly the same as it was pre-Covid. One of the major positives to emerge from Covid times was our learning to use Zoom, enabling us to hold services of Morning Prayer on three mornings a week, and Night Prayer twice a week without the complications of finding transport and battling with traffic. Continuing with these services has deepened our connection with each other through the very regular contact. It has also led to more people developing skills in leading services, reading and leading prayers, which is very encouraging. We are heartened by the young families who have joined us recently, and hugely enjoy their participation, along with our long-standing families. A valuable addition to our offering for children has been the introduction of “Godly Play”, alternating with Messy Church. Godly Play offers a unique opportunity for children to develop their own spirituality, and I am grateful to Kim Bownas for taking this on. A focus on mental health in connection with the Kintsugi Hope organisation has begun, and will develop through 2024. Our connection with our local community is enhanced by our mental health drop-in, our English for Women group and links with the local police and with the North East London NHS Foundation Trust. We have also purchased two cardiac defibrillators – one in the church, which is only available when the church is open, and one on the wall of the Community Centre, which is publicly available. Improvements to our building continue, particularly with the new sound system and hearing loop, enhancing the worship experience for all. I continue to be immensely grateful to all who give time, effort, expertise and finance to maintain and enhance our worship, our life together and our community outreach and am glad to be part of the Body of Christ in this place. Thanks be to God. The Rev’d Janet Buchan, Vicar _20[th] April 2024_ 18 ANNUAL REPORT AND FINANCIALSTATEMENTS ST the trustees of the Parish of St Paul's Goodmayes I report to the trustees on my examination of the accounts of the Parish OT St Paul's Goodmayes for the year ended 31 December 23. Responsibli ities and basis of report As the charity trustees of the parish you are responsible for the preparation of the accounts in accordance with the requirements of the Chaiities Act 2011 ('The Act.) I report in respect of my examinatioft Of the parish's accounts carried Dut under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Dire¢tions given by the Charity Commission under section 14515)Ibl of the Act. Indepondont examiner's statemeTrt . I have completed my examination. I confirm that no mate¥lal.matters have ¢ome to my attention in connection w*th the examination giving me cause to believe that in any mgterial respect.. 1. accounting records were not kept in respert of the parish as required by section 130 of the Act- or 2. the accounts do not accord wlth those records", or 3. the accounts do not comply with the applicable requirements conceming the fomi and content of accounts set out in the CharÈti8s (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 exaJhination. I have no concems and have come across na other matters in connection With the examination to which attention should be drawn in this report In order to enable proper understanding of the accounts to be reached. Osbomes Accountants Limited, 20, Market Place, Kingston-upon-Thames, Surrey, KT1 1JP 19th April 2024 16 ANNUAL REPORT AND FINANCIAL STATEMENTS ANNUAL REPORT AND FINANCIAL STATEMENTS ST ## PAUL`S CHURCH GOODMAYES ## **Statement of financial activities for the year ended 31 December 2023** |Note
INCOME
Voluntary income (direct giving)
Other voluntary income
2(b)
Gross income from events and actvites
Other ordinary income
Income from investments
TOTAL INCOME
EXPENDITURE
Grants
3(a)
Support costs
3(b)
Directly relatng to the work of
the Church
3 ( c),7( c),21( c,
Fund raising and publicity
3(d)
Church management and administraton
NET INCOME/(EXPENDITURE
Gains/(losses)on investment assets
Balances brought forward at
1 January 2023
Transfer from Unrestricted to Restricted
funds
Balances carried forward at
31 December 2023
2(a), 6(a)
2( c), 20( c)
2(d)
2(e),4(e),6(e)
8(e),10( e),20( e)
3(e), 21(e)|Unrestricted
Restricted
TOTAL FUNDS
Funds
Funds
2023
2022
£
£
£
£
35,966
731
36,697
36,125
4,389
-
4,389
4,175
77,934
-
77,934
78,349
-
-
-
300
2,103
1,609
3,712
2,948| |---|---| ||120,392
2,340 122,732
121,897| ||4,511
-
4,511
4,805
817
-
817
447
112,763
27,804 140,567
129,291
-
-
-
30
6,348
-
6,348
4,187| ||124,439
27,804 152,243
138,760| ||(4,047)
(25,464) (29,511)
(16,863)
1,260
2,659
3,919
(9,141)
265,884
92,093 357,977
383,981
(56,304)
56,304
-
-| ||206,793
125,592 332,385
357,977| 17 ANNUAL REPORT AND FINANCIAL STATEMENTS ANNUAL REPORT AND FINANCIAL STATEMENTS ST ## PAUL`S CHURCH GOODMAYES ## Balance Sheet as at 31 December 2023 |Note
2023
£
£
£
£
**FIXED ASSETS**
Tangible assets
17
**137,211**
Investments
2,000 (4,000) shares in the Investment
account of the Central Board of Finance of
the Church of England
18
**45,211**
**182,422**
**CURRENT ASSETS**
Debtors
22
**2,145**
Deposit accounts:
Central Board of Finance of
the Church of England
**110,408**
National Westminster Bank current accounts
**40,154**
Cash in hand
**227**
**152,934**
**CREDITORS:AMOUNTS FALLING DUE WITHIN ONE YEAR**
Creditors
23
**(2,971)**
Net current assets
**149,963**
**332,385**
**FUNDS**
Restricted funds:
Assistant Clergy Fund
**36,307**
Community Centre Fund
**84,635**
Organ Fund
**2,094**
Flower Fund
**2,556**
**125,592**
Unrestricted funds:
General Fund
**130,747**
Assistant Clergy Fund
**-**
Community Centre Fund
**73,427**
Restoraton Fund
**2,619**
**206,793**
**332,385**|2022
£
£
145,642
41,292
186,934
793
116,586
57,858
193
175,430
(4,387)
171,043
357,977
26,086
61,565
2,002
2,440
92,093
133,104
6,521
123,755
2,504
265,884
357,977|2022
£
145,642
41,292| |---|---|---| |||| |||357,977| 18 ANNUAL REPORT AND FINANCIAL STATEMENTS ANNUAL REPORT AND FINANCIAL STATEMENTS ST ## PAUL`S CHURCH GOODMAYES ## Notes to the financial statements for the year ended 31 December 2023 1. The financial statements have been prepared in accordance with the current Church Accounting Regulations and in accordance with the current Charities SORP (FRS 102) together with applicable accounting standards. The financial statements have been prepared under the historical cost convention except for the valuation of investment assets, which are shown at market value. The financial statements include all transactions, assets and liabilities for which the PCC is responsible in law. They do not include the accounts of church groups that owe their main affiliation to another body, nor those that are informal gatherings of church members. ## **Funds** **Restricted funds** represent (a) income from trusts or endowments which may be expended only on those restricted objects provided in the terms of the trust or bequest, and (b) donations or grants received for a specific object or invited by the PCC for a specific object. The funds may only be expended on the specific object for which they were given. Any balance remaining unspent at the end of each year must be carried forward as a balance on that fund. The PCC does not usually invest separately for each fund. Where there is no separate investment, interest is apportioned to individual funds on an average balance basis. **Unrestricted funds** are general funds which can be used for PCC ordinary purposes. ## **Incoming resources** Planned giving, collections and donations are recognized when received. Tax refunds relate to the year ended 31[st] December 2021. Grants and legacies have been accounted for when the PCC has received the amounts due. Dividends are accounted for when receivable, interest is accrued. All other income is recognized when it is receivable. All incoming resources are accounted for gross. ## **Resources expended** Grants and donations are accounted for when paid over, or when awarded, if that award creates a binding or constructive obligation on the PCC. The diocesan parish share is accounted for when due. Amounts received specifically for mission are dealt with as restricted funds. All other expenditure is generally recognized when it is incurred and is accounted for gross. ## **Fixed assets** Consecrated and benefice property is not included in the accounts in accordance with the Charities Act 2011. Movable church furnishings held by the vicar and churchwardens on special trust for the PCC and which require a faculty for disposal are inalienable property, listed in the church’s inventory, which can be inspected (at any reasonable time). For anything acquired prior to 2000 there is insufficient cost information available and therefore such assets are not valued in the financial statements. Subsequently any individual item which has cost less than £1,000 has been written off when incurred **. Investments** are valued at market value as at 31 December. 19 ANNUAL REPORT AND FINANCIAL STATEMENTS ANNUAL REPORT AND FINANCIAL STATEMENTS ## **ST PAUL`S CHURCH GOODMAYES** ## **Notes to the financial statements for the year ended 31 December 2023** |**General Fund**
2. INCOMING RESOURCES
2(a) Voluntary income (Direct Giving)
Planned Giving:
Gif aided
Income tax recoverable
Uncovenanted
Collectons (open plate) at all services
Sundry donatons
2(b) Other voluntary income
Bazaar and other fund-raising
Donatons, bequests, appeals etc
Messy Church
Cofee and tea
Community Centre letngs etc
Hire of Parish Room
Fees
Votve candles (see note 1)
Magazine sales and advertsements (see note 1)
2(d) Other ordinary income
Disposals
Sundry other income
Interest on CBF and other deposits
Dividends on CBF Investment A/c shares (Note 18)
TOTAL INCOMING RESOURCES
2(c) Gross income from events and actvites
2(e) Income from investments|Unrestricted Restricted TOTAL FUNDS
Funds
Funds
2023
2022
£
£
£
£
23,366
-
23,366
22,934
7,386
-
7,386
8,337
250
-
250
250
889
-
889
1,189
4,075
-
4,075
2,752| |---|---| ||35,966
-
35,966
35,462| ||1,653
-
1,653
1,425
2,736
-
2,736
2,750| ||4,389
-
4,389
4,175| ||-
-
0
7
352
-
352
272
44,000
-
44,000
24,600
-
-
-
200
196
-
196
440
38
-
38
7
502
-
502
510| ||45,088
-
45,088
26,036| ||-
-
-
5
-
-
-
-| ||-
-
-
5| ||1,706
-
1,706
1089
397
-
397
883| ||2,103
-
2,103
1,972| ||87,546
-
87,546
67,650| 20 ANNUAL REPORT AND FINANCIAL STATEMENTS ANNUAL REPORT AND FINANCIAL STATEMENTS **ST** ## **PAUL`S CHURCH GOODMAYES** ## **Notes to the financial statements for the year ended 31 December 2023** |GENERAL FUND
3. RESOURCES USED
3(a) Grants:
Missionary and charitable giving
3(b) Support costs (hospitality)
Ministry: Diocesan Quota
: Clergy expenses
Church running expenses
Church maintenance
Upkeep of services
Magazine
Support costs: Mission & Outreach
Church furnishings
3(d) Fund-raising and publicity
Advertsing of services
Statonery, printng and postage
Bank charges
Fees and subscriptons
Website constructon and maintenance
Sundries
**TOTAL RESOURCES USED**
3 (c ) Directly relatng to the work of the Church
3(e ) Church management and administraton|Unrestricted
Restricted TOTAL
FUNDS
Funds
Funds
2023
2022
£
£
£
£
4,511
-
4,511
4,805| |---|---| ||4,511
-
4,511
4,805| ||817
-
817
447| ||817
-
817
447| ||52,531
-
52,531
38,921
441
-
441
1,333
6,837
-
6,837
7,796
2,307
-
2,307
7,320
2,710
-
2,710
2,707
50
-
50
56
16
-
16
387
17,453
-
17,453
15,389| ||82,345
-
82,345
73,909| ||-
-
-
30| ||-
-
-
30| ||1,190
-
1,190
683
213
-
213
215
1,349
-
1,349
1,458
563
-
563
545
25
-
25
245| ||3,340
-
3,340
3,146| ||91,013
-
91,013
82,337| 21 ANNUAL REPORT AND FINANCIAL STATEMENTS ANNUAL REPORT AND FINANCIAL STATEMENTS **ST** ## **PAUL`S CHURCH GOODMAYES** ## **Notes to the financial statements for the year ended 31 December 2023** |**Restoraton Fund**
4. Incoming resources
Interest on CBF deposit account
Interest on 268 Charibond units
TOTAL INCOMING RESOURCES
5. Resources used
TOTAL RESOURCES USED
**Flower Fund**
6. Incoming resources
6(a) Voluntary income
Donatons
Income tax recovered
Interest on CBF deposit account
TOTAL INCOMING RESOURCES
7. Resources used
TOTAL RESOURCES USED
**Assistant Clergy Fund**
8. Incoming resources
Interest on CBF deposit account
Dividends on shares in the Investment account of the
Central Board of Finance of the Church of England.
TOTAL INCOMING RESOURCES
9. Resources used
TOTAL RESOURCES USED
**Organ Fund**
10. Incoming resources
Interest on CBF deposit account
TOTAL INCOMING RESOURCES
4(e) Income from investments
6(e) Income from investments
7(c) Directly relatng to the work of the Church
8(e) Income from investments
9(c) Directly relatng to the work of the Church
10(e) Income from investments|Unrestricted
Restricted TOTAL
FUNDS
Funds
Funds
2023
2022
£
£
£
£
32
-
32
32
6
-
6
6| |---|---| ||38
-
38
38| ||38
-
38
38| ||-
-
-
-| ||-
-
-
-| ||-
-
-
-| ||-
599
599
563
-
132
132
100| ||-
731
731
663| ||-
79
79
22| ||-
79
79
22| ||-
810
810
685| ||-
694
694
655| ||-
694
694
655| ||-
694
694
655| ||-
202
202
48
-
839
839
842| ||-
1,041
1,041
890| ||-
1,041
1,041
890| ||| ||-
-
-
-| ||-
92
92
26| ||-
92
92
26| ||-
92
92
26| 22 ANNUAL REPORT AND FINANCIAL STATEMENTS ANNUAL REPORT AND FINANCIAL STATEMENTS **ST** ## **PAUL`S CHURCH GOODMAYES** ## **Notes to the financial statements for the year ended 31 December 2023** 11 Restoration Fund The PCC had deemed all the income and capital in the Restoration Fund to be unrestricted funds. ## 12 Assistant Clergy Fund The PCC had deemed 80% of the income to the Assistant Clergy Fund to be restricted funds and 20% to be unrestricted funds. Current legal advice, however, requires the fund to be entirely “Restricted” in its designation ## 13 Reserves Policy The Parochial Church Council is reviewing its policy with regard to an appropriate level of reserves. At present, it has cash holdings well in excess of what might be deemed necessary to meet unforeseen contingencies but much of this will be expended on further repairs and maintenance of the church plant in the coming year. Once these works have been completed, the PCC will establish a new policy in the light of the then available cash balances. ## 14 Special balances: General Fund The balance on the General Fund (£130,901) includes the remains of the sum of £115,998.54, a bequest from the estate of Angela Martin, a former parishioner. In addition, a sum of £6,174 is held as a reserve for the future redecoration of the Vicarage. 15 Special balances: Community Centre The cash and bank balances in the Community Centre Fund, totalling £71,458, include a sum of £19,102 set aside as a Long-term Maintenance Reserve. ## 16 Appeals Fresh appeals were launched in 2023 for Christmas gifts for the residents of Atholl Court, the Childrens Society, Christian Aid (for Ukraine), the DEC for natural disasters in Turkey and Syria; and the Redbridge Food Bank. Any remaining balance in the Atholl Court Fund will be used to offer hospitality to those residents who attend our Thursday afternoon drop-in sessions. 23 ANNUAL REPORT AND FINANCIALSTATEMENTS 24 ANNUAL REPORT AND FINANCIAL STATEMENTS ANNUAL REPORT AND FINANCIAL STATEMENTS **ST** ## **PAUL`S CHURCH GOODMAYES** ## **Notes to the financial statements for the year ended 31 December 2023 17. Tangible Fixed Assets** |**Cost/Valuaton in use**
At 1 January 2023
Additons in the year
Disposals
At 31 December 2023
**Depreciaton:**
At 1 January 2023
Provision for the year
Disposals
At 31 December 2023
**NET BOOK VALUE:**
At 31 December 2023|Furniture and ftngs
Buildings
Church
Community
Community
Centre
Centre
Total
£
£
£
£
52,128
11,508
542,202
605,838
30,680
1,966
-
32,646
-
-
-| |---|---| ||82,808
13,474
542,202
638,484| ||20,557
9,182
430,457
460,196
12,102
1,865
27,110
41,077
-
-
-| ||32,659
11,047
457,567
501,273| ||| ||50,149
2,427
84,635
137,211| The Church Council has adopted the following policies with regard to depreciation of fixed assets. The Community Centre building (Hall) is depreciated over twenty years. The Community Centre furniture (refrigerator, chairs, trolleys, tables, windows, door, water heater and defibrillator) is depreciated over five years. The two newer church heaters are depreciated over eight years. The church cupboards, chairs and copier are depreciated over five years. The new sound system over ten years. ## 18 **. Gains in investments** Until 31 December 1996, investments were carried at cost. The Chelmsford Diocesan Board of Finance held in trust for the Parish 268 Charibond shares. In 2022 the Church Council requested the sale of this asset and the Chelmsford Diocesan Fund remitted the proceeds (£296) to the PCC. On receipt in 2019 of a bequest from the late Angela Martin (£115,999), the PCC invested £75,000 over a six-month period in income shares of the Investment Fund (INVAC) of the Church of England Board of Finance. 4,075.03 shares were purchased at an average price of 1,840.48p. On 21 September 2021 the PCC sold 1,431.99 shares at 2246.93p. On 1 March 2022, 1,500 shares were sold at 2,170.20p and on 17 May 500 shares were sold at 2,112.21p. At 31 December 2022, the price was 2,064.59p. At 31 December 2023, the price was 2,260.53p. An unrealized gain of £1,259.97 has been taken to account. The Council also invested £25,000 from the Assistant Clergy Fund in 1,356.96 INVAC shares at a price of 1,842.35p. An unrealized gain of £2,658.83 has likewise been taken to account at end-2023. ## 19. **Development Agreement with Family Housing Association (now Peabody)** In December 2004, an Agreement to Lease was signed with the Family Housing Association (now Peabody Housing Association) and the sum of £28,750 received by way of deposit on the consideration. In March 2005, a Lease was granted to the Family Housing Association letting a certain area of land adjoining the church for 127 years for a total consideration of £575,000. The rental payable by the Housing Association on the lease is one peppercorn per annum until the year 2045 when an amount of £1,200 p.a. in 2005 value, indexed to the Retail Price Index, becomes payable for the remainder of the term of the Lease. The old Community Centre was then demolished and a new Community Centre erected for a fixed 25 ANNUAL REPORT AND FINANCIAL STATEMENTS ANNUAL REPORT AND FINANCIAL STATEMENTS sum of £435,000. In 2012, a new extension was added, to house toilets and storage for Pedagogy Auras, who paid 50% of the total build costs of the extension. 26 ANNUAL REPORT AND FINANCIAL STATEMENTS ANNUAL REPORT AND FINANCIAL STATEMENTS ## **Notes to the financial statements for the year ended 31 December 2023** |**St Paul`s Community Centre**
20. INCOMING RESOURCES
20 ( c ) Gross income from events and actvites: Hire of hall
Pedagogy contributon to utlites etc
20 (d) Other ordinary income
20 ( e ) Income from investments
TOTAL INCOMING RESOURCES
21. RESOURCES USED
21( c ) Directly relatng to the work of the Church:
Hall running costs:- Telephone and Broadband
Water rates
Heatng : Gas
Lightng : Electricity
Cleaning
Insurance
Repairs and maintenance
Furniture and equipment
Floor maintenance
Redecoraton
Walking wall maintenance
Fire extnguisher and alarm maintenance
New Lightng
Refuse collecton
Window cleaner
Pest control
Sanitaton services
Depreciaton (See note 16)
21 ( e ) Church management and administraton
Security costs
Legal fees
Sundry expenditure
**TOTAL RESOURCES USED**|Unrestricted
Restricted
TOTAL FUNDS
Funds
Funds
2023
2022
£
£
£
£
67,443
-
67,443
67,793
9,403
-
9,403
9,120| |---|---| ||76,846
-
76,846
76,913| ||| ||-
-
-
-| ||1,348
-
1,348
-| ||1,348
-
1,348
-| ||78,194
-
78,194
76,913| ||1,089
-
1,089
675
2,693
-
2,693
1,733
4,334
-
4,334
1,762
3,041
-
3,041
3,815
2,991
-
2,991
2,594
565
-
565
400
1,020
-
1,020
1,853
547
-
547
351
1,248
-
1,248
-
2,750
-
2,750
2,000
714
-
714
774
535
-
535
1,077
-
-
-
4,020
2,806
-
2,806
1,836
385
-
385
340
1,020
-
1,020
927
2,182
-
2,182
1,988
1,865
27,110
28,975
28,582| ||29,785
27,110
56,895
54,727| ||1,094
-
1,094
947
3,429
-
3,429
-
34
-
34
94| ||4,557
-
4,557
1,041| ||34,342
27,110
61,452
55,768| 27 ANNUAL REPORT AND FINANCIAL STATEMENTS ANNUAL REPORT AND FINANCIAL STATEMENTS **ST** ## **PAUL`S CHURCH GOODMAYES** ## **Notes to the financial statements for the year ended 31 December 2023** |**22. Debtors and pre-payments**
London Borough of Redbridge: Lotery Licence
Pedagogy Auras
Inital Washroom Hygiene
CCLI
Sundry debtors
**23.Creditors and deferred income**
Anglian Water (Wave)
Britsh Gas
Charitable donatons
Sharp Business Systems
Karate Club
G C Fire
Scotsh Power
One License
Zoom
Bonus Ball Advance Payments
Sundry creditors|**2023**
2022
**£**
£
20
20
569
-
573
521
-
252
983
-| |---|---| ||**2,145**
793| ||333
332
869
1,078
350
985
38
7
394
394
-
333
680
1,088
163
-
144
-
-
156
-
14| ||**2,971**
4,387| 28 ANNUAL REPORT AND FINANCIAL STATEMENTS ANNUAL REPORT AND FINANCIAL STATEMENTS **ST** ## **PAUL`S CHURCH GOODMAYES** ## **Income and expenditure accounts for the year ended 31 December 2023** |**General Fund**
**Income**
Church collectons : General
Planned giving : Gif aided
Income tax recovered
Other
Voluntary receipts
Fees: Weddings and funerals
Donatons
Bazaar and other fund-raising
Messy Church
Investment income
Votve candles and lamps
Cofee and tea
Magazine sales and advertsements
Donatons for Defbrillator
Chelmsford Diocese Subsidy
English for Women Grant
Redbridge Food Bank Appeal
Atholl Court Xmas Gifs Appeal
Childrens Society Appeal
Christan Aid
DEC:Turkey/Syria Appeal
Room Hire
Disposals
Vicar`s in-need Fund
Hector McKoy Memorial Fund
Ruth Barnet Memorial
Pakistan Flood Relief Appeal
Ukraine Relief Appeal|**2023**
2022
**£**
£
**889**
1,189
**23,366**
22,934
**7,386**
8,337
**250**
250| |---|---| ||**31,891**
32,710
**196**
440
**3,350**
2,752
**1,653**
1,425
**-**
7
**3,892**
1,972
**38**
7
**352**
272
**502**
510
**725**
-
**950**
-
**900**
-
**135**
140
**260**
290
**255**
15
**55**
-
**181**
-
**-**
200
**-**
5
**-**
110
**-**
535
**-**
1,000
**-**
335
**-**
325| ||**45,335**
43,050| 29 ANNUAL REPORT AND FINANCIALSTATEMENTS 30 ANNUAL REPORT AND FINANCIAL STATEMENTS ANNUAL REPORT AND FINANCIAL STATEMENTS **ST** ## **PAUL`S CHURCH GOODMAYES** ## **Income and expenditure accounts for the year ended 31 December 2023** |**Assistant Clergy Fund**
**Income**
Interest on CBF deposit account
Dividends on shares in the Investment account of the
Central Board of Finance of the Church of England.
**Expenditure**
Excess of income over expenditure
Revaluaton of investment
Opening balance
Closing balance
Represented by:-
1,356.96 income shares in the Investment Account of
the Central Board of fnance of the Church of England:
Deposit account with the Central Board of Finance of
the Church of England:|**2023**
2022
**£**
£
**202**
48
**839**
842| |---|---| ||**1,041**
890| ||**-**
**-**| ||**-**
**-**| ||**1,041**
890
**2,659**
(3,719)
**32,607**
35,436| ||**36,307**
32,607| ||**30,675**
28,016
**5,632**
4,591| ||**36,307**
32,607| 31 ANNUAL REPORT AND FINANCIAL STATEMENTS ANNUAL REPORT AND FINANCIAL STATEMENTS **ST** ## **PAUL`S CHURCH GOODMAYES** |**PAUL`S CHURCH GOODMAYES**|**PAUL`S CHURCH GOODMAYES**|**ST**| |---|---|---| |**Income and expenditure accounts for the year ended 31 December**||**2023**| ||**2023**|2022| ||**£**|£| |**Organ Fund**||| |**Income**||| |Interest on the Central Board of Finance of the||| |Church of England deposit account|**92**|26| ||**92**|26| |**Expenditure**||| ||**-**|**-**| |||| |Excess of income over expenditure|**92**|26| |Opening balance|**2,002**|1,976| |Closing balance|**2,094**|2,002| |Represented by:-||| |Central Board of Finance of the Church of||| |England deposit account|**2,094**|2,002| ||**2,094**|2,002| 32 ANNUAL REPORT AND FINANCIAL STATEMENTS ANNUAL REPORT AND FINANCIAL STATEMENTS **ST** ## **PAUL`S CHURCH GOODMAYES** ## **Income and expenditure accounts for the year ended 31 December 2023** |**Restoraton Fund**
**Income**
Interest on CBF deposit account
Interest on 268 Charibond units
**Expenditure**
Excess of income over expenditure
Transfer to General Fund
Opening balance
Closing balance
**Represented by:-**
Current assets:
Central Board of Finance of the Church of
England: Deposit account|**2023**
2022
**£**
£
**115**
32
**-**
6| |---|---| ||**115**
38| ||**-**
**-**| ||**-**
**-**| ||**115**
38
**-**
**-**
**2,504**
2,466| ||**2,619**
2,504| ||**2,619**
2,504| ||**2,619**
2,504| 33 ANNUAL REPORT AND FINANCIAL STATEMENTS ANNUAL REPORT AND FINANCIAL STATEMENTS **ST** ## **PAUL`S CHURCH GOODMAYES** ## **Income and expenditure accounts for the year ended 31 December 2023** |**St Paul`s Community Centre Fund**
**Income**
Regular letngs: Pedagogy Auras
Regular letngs: Other
Casual letngs
Pedagogy Auras: Utlites
Pedagogy Auras: Redecoraton
Pedagogy Auras: Refuse collecton
Pedagogy Auras: Pest control
Pedagogy Auras: Floor maintenance
Pedagogy Auras: Storage
Pedagogy Auras: Sanitary services
Investment income|**2023**
202
**£**
**57,616**
57,33
**6,018**
4,32
**3,809**
6,14
**3,584**
3,01
**1,375**
1,00
**1,403**
91
**510**
46
**-**
1,41
**1,440**
1,32
**1,091**
99
**1,348**| |---|---| ||**78,194**
76,91| 34 ANNUAL REPORT AND FINANCIALSTATEMENTS ST PAUL'S CHURCH GOODMAYES 35 ANNUAL REPORT AND FINANCIAL STATEMENTS ANNUAL REPORT AND FINANCIAL STATEMENTS ## **Income and expenditure accounts for the year ended December 31 2023** |**St Paul`s Community Centre Fund**
**Expenditure**
Utlites
Cleaning
Insurance
Furniture and equipment
Repairs and maintenance
Floor maintenance
Redecoraton
Walking wall maintenance
Fire extnguisher & alarm maintenance
Security costs
Telephone and broadband
Refuse collecton
Sanitaton services
Pest control
Window cleaner
Legal fees
Sundry expenditure
New lights
Depreciaton: Furniture etc
Depreciaton: Community Centre
Excess of income over expenditure
Revaluaton of investment
Disposal of investment
Transfer to General Fund
Transfer to General Fund o/a fabric work
Opening balance
Represented by:-
Fixed assets: Community Centre
Fixed assets: furniture etc
Current assets:
Bank balance
Cash in hand
CBF deposit accounts
Creditors and deferred income
Debtors|**2023**
2
**£**
**10,069**
7
**2,991**
2
**565**
**547**
**1,020**
1
**1,248**
**2,750**
2
**714**
**535**
1
**1,094**
**1,089**
**2,806**
1
**2,182**
1
**1,020**
**385**
**3,429**
**34**
**-**
4
**1,865**
1
**27,110**
27| |---|---| ||**61,453**
55
**16,742**
21
**-**
**-**
**(44,000)**
(21,
**-**
(3,
**185,320**
188| ||**158,062**
185| ||**84,635**
111
**2,427**
2
**31,356**
54
**24**
**40,078**
19
**(1,745)**
(2,
**1,287**| ||**158,062**
185| 36 ANNUAL REPORT AND FINANCIAL STATEMENTS ANNUAL REPORT AND FINANCIAL STATEMENTS ## ST PAUL`S CHURCH GOODMAYES ## **Income and expenditure accounts for the year ended 31 December 2023** |**Flower Fund**
**Income**
Donatons
Interest receivable
Income tax recovered
**Expenditure**
Flowers and accessories
Excess of income over expenditure
Opening balance
**Represented by:-**
Cash in hand
Current account at Natonal Westminster Bank
Central Board of Finance of the Church of
England deposit account|**2023**
2022
**£**
£
**599**
563
**79**
22
**132**
100| |---|---| ||**810**
685| ||**694**
655| ||**694**
655| ||**116**
30
**2,440**
2410| ||**2,556**
2,440| ||**203**
158
**553**
561
**1,800**
1,721| ||**2,556**
2,440| 37