IIKlvll ILI )L,07 IkfvlJ FINANCIAL STATEMENTS Responsibilities of the Parochial Church Council The Parochial Church Council (°The Council") is required to prepare financial ststements 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 confimis 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 2024. 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 Vicar and PCC Chair John G Hill Treasurer 121h March 2025
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 | 9 |
| Fundraising | 10 |
| The Flower Guild | 10 |
| The Parish Magazine | 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 |
| Charitable Giving | 14 |
| Conclusion | 15 |
| Finance | |
| Independent Examiner’s Report | 16 |
| Statement of Financial Activities | 17 |
| Balance Sheet as at 31 December 2024 | 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 2025
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 2024. Safeguarding is a standing item on every PCC meeting agenda, with relevant updates and discussion as required.
Safeguarding training and DBS checks were up to date at the end of 2024. These need to be renewed on a three-yearly cycle and several of those with church responsibilities, for example in the PCC and for supporting Sunday Squad, will need to renew in 2025. Kim provides an updated list to PCC and sends reminders to those who need to complete these in good time.
A “Safeguarding Sunday” All-age service took place on Sunday 25[th] February 2024. This provided the congregation with an opportunity to reflect on the nature of Safeguarding within the church (much more than paperwork and record-keeping!) which is everyone’s responsibility.
Janet also preached on Safeguarding following the publication of the Makin Review in November 2024. She outlined the substance of the report and the events that had followed its publication. She emphasised again the importance of acting on suspicions or concerns, that we are responsible together for the safety of the vulnerable, and that we need to keep the victims and survivors in our prayers as we work together to prevent future harm.
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 2024 March-December 2024
Vicar & Chair The Rev’d Janet Buchan The Rev’d Janet Buchan
Churchwardens Dr Gweneth Nneji Dr Gweneth Nneji Ms Lynda Weekes Ms Lynda Weekes Vice Chair Dr Gweneth Nneji Dr Gweneth Nneji Secretary Mrs Val Thompson Mrs Val Thompson Electoral Roll Officer Mrs Leanne Scott 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 Mr Lawrence Asea Mrs Judith Halls 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 Mrs Leanne Scott Mrs Leanne Scott Mrs Val Thompson Mrs Val Thompson vacancy vacancy
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, or confers by email. It has the power to transact the business of the PCC, subject to any directions given by the PCC. In 2024, 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 renewed in preparation for the 2025 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 | 10 |
|---|---|
| Males-living outside the Parish | 7 |
| Females-living within the Parish | 28 |
| Females-living outside the Parish | 18 |
| --------- | |
| Total | 63 |
| ===== |
This is eight fewer than the number reported at last year’s Annual Parochial Church Meeting. Six people have moved away and we have lost touch with others. Eight new people were added to the Roll at the renewal.
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
The first meeting of the PCC in 2024 was held in January, followed by meetings in March, 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. Throughout 2024 areas of discussion included: church heating, electrics, and our audio system; a renewed stewardship campaign; changes to the use of the “Scout End” of the Community Centre with the closure of the 4th Goodmayes Scout Group; the organisation of a Kintsugi Hope “Mental Health Friendly Churches” training day, which took place in October; action to be taken following an attempted burglary in the church which caused damage to the Timothy Window.
Safeguarding is a standing item at each PCC meeting. Risk Assessments and Role Outlines for many church activities were discussed, amended and agreed in our July meeting, the first after the APCM.
In March, the PCC passed a resolution to request the Charity Commission to expand the purposes of the Assistant Clergy Fund. Permission was finally granted in September and allows us to explore the possibility of recruiting paid support for Children’s work, which is ongoing.
In September we discussed an approach from Poplar Pentecostal Church, now to be known as “River of Life Goodmayes”, to hire our church for worship for two hours each Sunday. Draft terms and conditions were agreed at our November meeting. We also discussed issues relating to Prayers of Love and Faith, with an invitation to consider how we should go forward, which we returned to in January 2025.
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 chair 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). During the year Barleymont changed its structure and became Barleymont Nursery, taking babies from 9 months in addition to Pre-School, Breakfast Club and After School Club. The Karate Club continues on Tuesday and Thursday evenings. Alcoholics Anonymous continue to meet on Sunday afternoons. The Scout End is now occupied by Scout groups on Friday evenings and Sunday mornings in term time. Another group uses the space on an occasional basis.
Private parties continued throughout the year. Lettings continue to be administered by Judy Halls, Chair of the Community Centre Committee.
During 2024 we have been able to continue to keep the building well maintained. During the early part of year there were still 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 building. Some remedial work was carried out.
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 2024. There were regular reports and updates on activities in the Deanery and the Diocese.
The March meeting included a presentation from Beccy Hills, Diocesan Parish Giving Advisor, when Synod Members were stimulated to consider how regular giving from congregations can be increased, with particular encouragement to use the Church of England’s Parish Giving Scheme. St Paul’s considered this Scheme a number of years ago and concluded that it does not offer major benefits for us at this time. It remains a possibility for the future.
At the June meeting Synod hosted a visit from Bishop Lynne, who talked about her personal history before becoming Bishop of Barking and how she was initiating a new approach to strategic development in mission, thanks to funding originating from the Strategic Mission and Ministry Innovation Board, a central Church of England organisation. Work was going on to consider how Redbridge Deanery could best access these funds to work together on innovative mission projects.
The November meeting included presentations from Helen Mullis Kunda of The Christian Education Project, describing their work across Redbridge Schools and The Rev’d Becca Rogers, an Associate Priest in Newham who also works with the Margaret Clitherow Trust as a Chaplain to Gypsy Romany, Irish Traveller and Eastern European Roma peoples. She described the challenges faced by these communities and the work going on to build links with them.
Far East Redbridge Mission and Ministry Unit (FERM)
The FERM continues with only loose connection at this time. The Rector of the Aldborough Benefice has been unwell, and will retire at Easter 2025. A new Vicar, The Rev’d Christiana Asinugo, came into post at All Saints’ Goodmayes in May 2024.
Prior to her arrival, Rev’d Janet continued to provide advice and support as needed, and offered a monthly Sunday 8am Eucharist at All Saints’. All Saints’ congregation joined us for our Patronal Festival, The Feast of the Conversion of St Paul, on 21[st] January and we joined them, as last year, for their main Eucharist on All Saints’ Sunday.
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 RC Church and St Paul’s. We continue to hold Lent Lunches in each church by rotation on the Saturdays during Lent to raise money for Christian Aid. Some members of each church joined us for an interactive Stations of the Cross service during Lent, which was well appreciated. We remain grateful to volunteers from St Cedd’s Roman Catholic Church and from Goodmayes Methodist Church for their contribution to the English for Women project. In addition, members of St Paul’s gather together with members of the Fellowship, and others, for the World Day of Prayer, with the meeting held at St Paul’s in 2024.
There are new clergy at St Cedd’s RC Church and at Goodmayes Methodist Church, as well as at All Saints (see above). The clergy met together in the autumn to begin
8
ST PAUL`S CHURCH GOODMAYESANNUAL REPORT AND FINANCIAL STATEMENTS
to talk about greater co-operation between us and we hope to build on this during 2025.
9
ST PAUL`S CHURCH GOODMAYESANNUAL REPORT AND FINANCIAL STATEMENTS
Worship
The average attendance on an ordinary Sunday is 36 adults (16+) and 6 children (U16). The service on a Sunday is a Sung Eucharist, at 10a.m. On the last Sunday of every month the All Age Service particularly accommodates our younger members who are encouraged to participate and lead parts of the worship.
A weekday Mass is said in church on Wednesday at noon, other weekday services are online, by Zoom: Morning Prayer at 9am on Tuesdays, Wednesdays and Thursdays, with a usual attendance of 4 or 5, and Night Prayer at 8pm on Tuesdays and Thursdays, attendance ranging from 6 to 12.
In addition we celebrate major festivals of our Lord with Sung Masses or acts of nonEucharistic worship throughout the year.
We are particularly grateful to Rob Halls, supported by Lawrence Asea and Gwen Nneji, for his work on our IT and AV provision. As well as ensuring that the service can be heard clearly by the congregation present, it also enables us to continue to offer a Zoom facility on the first Sunday of the month. Although numbers “attending” on Zoom are small, it is particularly welcomed by those who find it difficult to come to church in person due to illness or frailty and enables us to retain contact with them.
Reaching out, the PCC has supported an application for a Licence under Faculty for River of Life Church Goodmayes to use the church building for worship on Sunday afternoons. Some of their congregation joined us for our Harvest celebrations and lunch. We are glad to be able to offer the space at a time when it is generally unoccupied and look forward to fellowship with them.
Gwen Nneji and Lynda Weekes, Churchwardens
Music
There are currently five regular members in the choir, consisting of four lady sopranos and one 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
We are grateful to those who have served on one or more of the rotas this last year. A team of 24 people serve on various rotas including: sidespersons, hospitality, reading and leading intercessions.
Joyce Walter, Sheila Ramasamy, Sharon Samuels, Val Thompson, Doris Thomas, and Linda Weaver have been committed members of the sidespersons team over the last year. We are grateful for their efforts and thank them for the warm and friendly welcome they give to all who visit the church.
The Churchwardens are also grateful to the hospitality team who serve the refreshments each week. These include Wendy Hill, Lynda Weekes, Debbie Tempro-Valance and Gwen Nneji.
10
ST PAUL`S CHURCH GOODMAYESANNUAL REPORT AND FINANCIAL STATEMENTS
Social and Outreach Activities
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. It has proved impossible to restore the monthly communion services at Goodmayes Hospital due to the non-availability of appropriate space, but, at the request of the Chaplaincy Team, we have held a Service of Remembrance, and a Christmas Carol Singing event on one of the elderly care wards, both of which were appreciated.
At the beginning of the 2024/2025 academic year, Kim Bownas, Judy Halls and Sheila Ramasamy became the Team Leaders of our ‘English for Women’ group, sharing the leadership responsibilities. The number of learners has steadily grown over the year to an average of 12 each week. Volunteers include members of other churches, as well as St Paul’s. We 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 continued 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 and for Harvest.
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.
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 support worker team, along with Judy Halls, Wendy Hill, Sheila Ramasamy and Rev’d Janet. The occasional visits by John Hill are appreciated by the attendees, especially those keenly interested in football!
Simple craft activities are sometimes offered. 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.
We are pleased to offer this service and friendship to our neighbours.
Sheila Ramasamy
11
ST PAUL`S CHURCH GOODMAYESANNUAL REPORT AND FINANCIAL STATEMENTS
Fundraising
The Autumn Fayre held on 19[th] October raised £525.13 It was an enjoyable team event, led by Judy Halls and Wendy Hill and although the occasion was well attended by visitors, the net proceeds were slightly down on the previous year. The Bonus Ball, run by Wendy Hill, continues to be one of our major fundraisers. There are currently 36 players, raising around £936 for the church over the past year and we are very grateful to all those who support this valuable fundraising scheme. There are still several numbers available and we would encourage anyone interested in joining in to have a word with Wendy or John Hill.
The churchwardens and the vicar would be very pleased to hear of further ideas for fundraising activities.
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
The Parish Magazine
The Parish Magazine continues to be printed and stapled in-house on the church copier. Seventy-five 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
12
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, particularly as we finally obtained consent from the Charity Commission to expand the purposes of our Assistant Clergy Fund, which will enable 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 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 with a full cast of participants, and the children enjoyed taking part! We are currently considering the possibility of a monthly group for teenagers, to run in parallel with Sunday Squad. We hope this will begin soon.
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.
Godly Play provides a different way of exploring faith, with an emphasis on children’s learning through discovery and experience. Storytelling, “wondering” (inviting children to consider their own response to the story), a free choice of craft activity and a small snack are followed by a blessing and goodbyes. In 2024, 3 sessions on the “Sacred Stories” from the Old Testament were shared.
Messy Church and Godly Play sessions are usually alternated on the second Sunday afternoon of each month and, from the Autumn term of 2024, the focus has been on the parables.
Kim Bownas
School Contacts
In 2024 we were again privileged to have good contacts with three of the schools in our parish.
Barley Lane School’s Year 1 pupils visited the Church in March to learn about Baptism.
The autumn term saw several visits:
-
from Barley Lane’s Year 5s, with a focus on how Christians worship and what it means to be a Christian as well as a brief explanation of how the Church of England came to be;
-
from Farnham Green School’s Year 1s, with an introduction to Christian worship;
-
from Chadwell Primary School’s Year 1s, exploring “Who is a Christian and what do they believe?
-
And from Chadwell Primary School’s Year 2s, with a focus on how stories of Jesus inspire Christians today.
13
ST PAUL`S CHURCH GOODMAYESANNUAL REPORT AND FINANCIAL STATEMENTS
All the visits are a great joy. We are grateful to the staff who work hard to make them possible. Rev’d Janet is also grateful to Judy Halls and Kim Bownas, who assist.
14
ST PAUL`S CHURCH GOODMAYESANNUAL REPORT AND FINANCIAL STATEMENTS
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 2024 used the Chelmsford Diocese “Travelling Well Together” material. We met on Zoom on Monday evenings, exploring the values outlined by the Diocese that frame how we travel well together, support each other and provide mutual accountability: awareness of grace; valuing the small, the vulnerable and the marginal, focusing outward; sustaining healthy rhythms; kindness, mutual respect, gentleness and humility; generously collaborative; faithful, creative, courageous and open to the unexpected and surprising.
We continued the Kintsugi Hope Wellbeing Group that began in Autumn 2023. Sessions in 2024 addressed: perfectionism, forgiveness, self-acceptance, healthy relationships and resilience. The group found the experience encouraging and enlightening and has continued to meet approximately every two months for mutual support. The Church hopes to run further groups in the future.
We also offered a Kintsugi Hope “Mental Health Friendly Church” day in October. This training day was supported by a grant from the Diocese’s Mission Opportunities Fund and was attended by approximately 30 people from nine churches across Redbridge Deanery. It explored how we, as churches, can respond better to the mental health challenges so prevalent in our society, including how we can work to eradicate stigma and encourage compassion and was very well-appreciated.
15
ST PAUL`S CHURCH GOODMAYESANNUAL REPORT AND FINANCIAL STATEMENTS
Report on Fabric, Goods and Ornaments
Routine maintenance was carried out on the church fabric throughout the year to keep it secure and in good condition. This includes the annual inspection of the lightning conductor and the annual heating inspection and service. In addition, two other projects were completed: (i) construction of a purpose built cupboard for the audio system in the church and (ii) the application of SmartWater to the lead on the roof so that we now comply with the requirements of the church’s insurers. Details of this and other work is in the table below.
| Item | Contractor | Description of work | Date |
|---|---|---|---|
| Cupboard for audio system controls |
Bakers of Danbury Ltd. |
Faculty application in January, received in March, work completed in October |
October 2024 |
| SMART water | Fursse | Application of Smart Water to the roof lead |
April 2024 |
| Broken main door knob mechanism |
Keyhole Kate | Replacement of handle on the inside of the main door (east porch) similar to that on the porch gate |
August 2024 |
| Attempted break-in to the church (discovered on 5 November) and damage to the Timothy window. |
AuraVisions - for repair to stained glass |
An interim faculty was applied for along with quotes to repair the substantial damage to the window |
Work is yet to be completed |
| Attempted break-in to the church (discovered on 5 November) and damage to the window guard. |
Aiano - for replacement window guards. |
An interim faculty was applied for along with quotes to replace the wire window guard |
Work is yet to be completed |
| Dusk to dawn lighting at the rear of the porch |
Bernie Builders | To fit dusk to dawn lighting at the side of the porch to light the area near the Timothy window |
Work is yet to be completed |
Gwen Nneji & Lynda Weekes, Churchwardens
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 | |
| CRISIS UK | 300 | |
| Andy Walker’s Tesco Toxic Towers Fund | 200 | |
| Redbridge Food Bank | 250 | |
| Redbridge Respite Care | 200 | |
| Refugee Welcome Dagenham (St Mary’s Ilford) | 200 | |
| TOTAL | 2,650 |
In addition, funds were raised from parishioners and others for a variety of charitable objectives. These payments (including Gift Aid recovered where possible) were:
| £ | ||
|---|---|---|
| Vicar’s In-Need Fund | 930 | |
| Children’s Society | 53 | |
| Christmas boxes for residents of Atholl Court and Grove Farm | 363 | |
| Redbridge Food Bank | 445 | |
| TOTAL | 1,791 |
The Vicar’s In-Need Fund will continue as a resource to be drawn on when needed. The remainder was expended save for £86.00 in the Atholl Court Fund which will be used to offer hospitality to those residents who attend our Thursday afternoon dropin sessions.
John Hill, Treasurer
17
ST PAUL`S CHURCH GOODMAYESANNUAL REPORT AND FINANCIAL STATEMENTS
Conclusion
We are grateful to have come to the end of another year in which the Church continues to thrive. As this report bears testimony, important activities are ongoing, service to the community continues and worship, friendship and fellowship has been strengthened, specifically in 2024, in a Kintsugi Hope Wellbeing Group, which has enabled sharing at a deep level to the encouragement and support of all involved.
Reaching out, the PCC has supported an application for a Licence under Faculty for River of Life Church Goodmayes to use the church building for worship on Sunday afternoons. Some of their congregation joined us for our Harvest celebrations and lunch. We are glad to be able to offer the space at a time when it is generally unoccupied and look forward to fellowship with them.
We join with the rest of the national Church in sadness for the safeguarding failures of the past, and are pleased to note that, once again, no safeguarding issues were reported to us in 2024. We are immensely grateful to Kim Bownas, Safeguarding Officer, for her work in keeping our training and DBS applications up-to-date, as well as for her commitment, expertise and advice in all matters relating to the safety of those who come to St Paul’s, especially the most vulnerable.
This is my last contribution to St Paul’s Annual Report as I will retire in September 2025. I am grateful to all for your support, and for your generous gifts of time, expertise and finance to enhance our worship, our life together and our community outreach. I have been greatly privileged to serve here and will follow future developments at St Paul’s with interest and prayer. Thanks be to God.
The Rev’d Janet Buchan, Vicar 12[th] March 2025
18
ANNUAL REPURI AND FINANCIAL>lAI EMENIS .ST PA L'S CHURCH GOODMAYES- In ependent examiner's report to the trustees of the Parish of St Paul's Goodmayes I report lo the trustees on my &xaminalion of the accounts of the Parish ol St Paul's Goodrnayes lor the year ended 31 December 2024 Responsibillties and basls 01 report A5 the charity trustees of Ihe parish you are responsible for Ihe prepaTal',on of the aCCOLnls In accordance wilh Ihe requirements ol the Charities Act 2011 1'Thc Act'} I report in respect of my examination ol the parish's accounts carried out under section 145 of the 2011 Aci and In carrying out my examination I have followed all the applicable Diiections given by Ihe Chanty Commission under section 145{51(bl of the Independent examiner s stalcment I have completed my examination I confirm Ihai no material mallers have ¢oFne to my atteD.tion In connec4,on wtth the examination giving me cause to believe that In any maierial respect accounting records were ?ot kept In respect ol the parish as required by section 7 30 of the Act or 2. the accoLJnts do not accord with those recofds. or 3. the accounts do not comply with the aoplicable requirL?ments Conrning the form and conlenl of acLounls sel ou: In Ihe Charities (Accounis and Reports) Regulations 2008 other than any reauirement Ilial the accounis 9ivc a "ue and lair view which is not a matter considered as part of an Independeril examination. I havc no concerns and have come across no other matters in conneclion with Ihe examination to which at4cnlion shobld be drawn In +his report Ili Order lo enable a proper nderstanding ot Ihe accounts to be reached. J Osborne FCA 7 Oaks Lane. Great Bookham. Leaierhead, Sbrrey, KT23 3FD 12 March 2025 16
ANNUAL REPORT AND FINANCIAL STATEMENTS ANNUAL REPORT AND FINANCIAL STATEMENTS
Statement of financial activities for the year ended 31 December 2024
| Note INCOME Voluntary income (direct giving) Other voluntary income 2(b) Gross income from events and actvites Other voluntary income 2(d) 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 2024 Balances carried forward at 31 December 2024 2(a), 6(a) 2( c), 20( c) 2(e),4(e),6(e) 8(e),10( e),20( e) 3(e), 21(e) |
Unrestricted Restricted TOTAL FUNDS Funds Funds 2024 2023 £ £ £ £ 36,358 488 36,846 36,697 3,426 - 3,426 4,389 83,573 - 83,573 77,934 - - - - 5,200 1,299 6,499 3,712 |
|---|---|
| 128,557 1,787 130,344 122,732 |
|
| 3,957 - 3,957 4,511 662 - 662 817 117,443 27,739 145,182 140,567 - - - - 7,196 - 7,196 6,348 |
|
| 129,258 27,739 156,997 152,243 |
|
| (701) (25,952) (26,653) (29,511) 336 702 1,038 3,919 206,793 125,592 332,385 357,977 |
|
| 206,428 100,342 306,770 332,385 |
17
ANNUAL REPORT AND FINANCIAL STATEMENTS ANNUAL REPORT AND FINANCIAL STATEMENTS
ST
PAUL`S CHURCH GOODMAYES
Balance Sheet as at 31 December 2024
| Note 2024 £ £ £ £ FIXED ASSETS Tangible assets 17 105,678 Investments 2,000 (4,000) shares in the Investment account of the Central Board of Finance of the Church of England 18 46,249 151,927 CURRENT ASSETS Debtors 22 1,792 Deposit accounts: Central Board of Finance of the Church of England 115,333 National Westminster Bank current accounts 42,517 Cash in hand 181 159,823 CREDITORS:AMOUNTS FALLING DUE WITHIN ONE YEAR Creditors 23 (4,980) Net current assets 154,843 306,770 FUNDS Restricted funds: Assistant Clergy Fund 38,107 Community Centre Fund 57,399 Organ Fund 2,202 Flower Fund 2,634 100,342 Unrestricted funds: General Fund 122,275 Community Centre Fund 81,399 Restoraton Fund 2,754 206,428 306,770 |
2023 £ £ 137,211 45,211 182,422 2,145 110,408 40,154 227 152,934 (2,971) 149,963 332,385 36,307 84,635 2,094 2,556 125,592 130,747 73,427 2,619 206,793 332,385 |
2023 £ 137,211 45,211 |
|---|---|---|
| 332,385 |
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 2024
- 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 2023. 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 2024
| 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 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 2024 2023 £ £ £ £ 26,251 - 26,251 23,366 7,498 - 7,498 7,386 250 - 250 250 1,223 - 1,223 889 1,136 - 1,136 4,075 |
|---|---|
| 36,358 - 36,358 35,966 |
|
| 1,477 - 1,477 1,653 1,949 - 1,949 2,736 |
|
| 3,426 - 3,426 4,389 |
|
| - - - - 328 - 328 352 43,000 - 43,000 44,000 - - - - 294 - 294 196 32 - 32 38 448 - 448 502 |
|
| 44,102 - 44,102 45,088 |
|
| - - - - |
|
| - - - - |
|
| 678 - 678 1,706 3,039 - 3,039 397 |
|
| 3,717 - 3,717 2,103 |
|
| 87,603 - 87,603 87,546 |
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 2024
| 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 2024 2023 £ £ £ £ 3,957 - 3,957 4,511 |
|---|---|
| 3,957 - 3,957 4,511 |
|
| 662 - 662 817 |
|
| 662 - 662 817 |
|
| 55,550 - 55,550 52,531 900 - 900 441 12,080 - 12,080 6,837 7,080 - 7,080 2,307 2,318 - 2,318 2,710 76 - 76 50 31 - 31 16 10,312 - 10,312 17,453 |
|
| 88,347 - 88,347 82,345 |
|
| - - - - |
|
| - - - - |
|
| 964 - 964 1,190 194 - 194 213 1,553 - 1,553 1,349 545 - 545 563 200 - 200 25 |
|
| 3,456 - 3,456 3,340 |
|
| 96,422 - 96,422 91,013 |
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 2024
| Restoraton Fund 4. Incoming resources Interest on CBF deposit account 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 2024 2023 £ £ £ £ 135 - 135 115 |
|---|---|
| 135 - 135 115 |
|
| 135 - 135 115 |
|
| - - - - |
|
| - - - - |
|
| - - - - |
|
| - 488 488 599 - 126 126 132 |
|
| - 614 614 731 |
|
| - 93 93 79 |
|
| - 93 93 79 |
|
| - 707 707 810 |
|
| - 629 629 694 |
|
| - 629 629 694 |
|
| - 629 629 694 |
|
| - 247 247 202 - 851 851 839 |
|
| - 1,098 1,098 1041 |
|
| - 1,098 1,098 1041 |
|
| - - - - |
|
| - - - - |
|
| - 108 108 92 |
|
| - 108 108 92 |
|
| - 108 108 92 |
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 2024
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. Recent legal advice, however, requires the fund to be entirely “Restricted” in its designation. In 2024, a ruling was obtained from the Charity Commission (reference number: 0793/2425, dated 18[th] September 2024) to enable the Church Council to use the funds “to provide not only for the cost of an assistant priest in the Parish of St Paul Goodmayes, but to include also the support of any other area of ministry in the parish, including in particular (but not limited to) youth work in the parish within the charitable objects of the Charity.” The Fund, therefore, remains restricted, but with expanded purposes.
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 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 £82,047, include a sum of £20,102 set aside as a Long-term Maintenance Reserve.
16 Appeals
Fresh appeals were launched in 2024 for Christmas gifts for the residents of Atholl Court, the Childrens Society (in lieu of Christmas cards), the Vicar`s in-need Fund 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
23
ANNUAL REPORT AND FINANCIAL STATEMENTS ANNUAL REPORT AND FINANCIAL STATEMENTS
sessions. Similarly, any balance remaining on the Vicar`s in-need Fund will be utilised as needs arise.
ST PAUL`S CHURCH GOODMAYES
Notes to the financial statements for the year ended 31 December 2024 17. Tangible Fixed Assets
| Cost/Valuaton in use At 1 January 2024 Additons in the year Disposals At 31 December 2024 Depreciaton: At 1 January 2023 Provision for the year Disposals At 31 December 2024 NET BOOK VALUE: At 31 December 2024 |
Furniture and ftngs Buildings Church Community Community Centre Centre Total £ £ £ £ 82,808 13,474 542,202 638,484 5,850 1,470 - 7,320 - - - |
|---|---|
| 88,658 14,944 542,202 645,804 |
|
| 32,659 11,047 457,567 501,273 10,204 1,539 27,110 38,853 - - - |
|
| 42,863 12,586 484,677 540,126 |
|
| 45,795 2,358 57,525 105,678 |
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. On receipt in 2019 of a bequest from the late Angela Martin (£115,999), the PCC invested £75,000 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. In 2021 the PCC sold 1,431.99 shares at 2246.93p and in 2022 1,500 shares were sold at 2,170.20p and 500 shares were sold at 2,112.21p. At 31 December 2023, the price was 2,260.53p. At 31 December 2024, the price was 2,312.27p. An unrealized gain of £332.82 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 £702.09 has likewise been taken to account at end-2024.
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 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 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.
24
ANNUAL REPORT AND FINANCIAL STATEMENTS ANNUAL REPORT AND FINANCIAL STATEMENTS
No
tes to the financial statements for the year ended 31 December 2024
| St Paul`s Community Centre 20. INCOMING RESOURCES 20(b) Other voluntary income Donaton 20 ( c ) Gross income from events and actvites: Hire of hall Pedagogy contributon to utlites etc 20 (d) Other ordinary income Insurance claim 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 Insurance claim 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 2024 2023 £ £ £ £ 120 - 120 - |
|---|---|
| 120 - 120 - |
|
| 71,714 - 71,714 67,443 10,757 - 10,757 9,403 |
|
| 82,471 - 82,471 76,846 |
|
| 1,384 - 1,384 - |
|
| 1,384 - 1,384 - |
|
| 1,068 - 1,068 1,348 |
|
| 1,068 - 1,068 1,348 |
|
| 85,043 - 85,043 78,194 |
|
| 911 - 911 1,089 1,636 - 1,636 2,693 4,087 - 4,087 4,334 2,953 - 2,953 3,041 2,873 - 2,873 2,991 600 - 600 565 1,798 - 1,798 1,020 - - - 547 1,248 - 1,248 1,248 2,500 - 2,500 2,750 714 - 714 714 140 - 140 535 1,370 - 1,370 - 1,257 - 1,257 2,806 388 - 388 385 1,904 - 1,904 1,020 3,178 - 3,178 2,182 1,539 27,110 28,649 28,975 |
|
| 29,096 27,110 56,206 56,895 |
|
| 1,884 - 1,884 1,094 1,615 - 1,615 3,429 241 - 241 34 |
|
| 3,740 - 3,740 4,557 |
|
| 32,836 27,110 59,946 61,452 |
25
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 2024
| 22. Debtors and pre-payments Inital Washroom Hygiene Northumbrian Water Bonus Ball Advance Payments London Borough of Redbridge: Lotery Licence Pedagogy Auras Sundry debtors 23.Creditors and deferred income Anglian Water (Wave) Britsh Gas Scotsh Power Karate Club A&P Webb Chelmsford Diocesan Board of Finance Sundry creditors Charitable donatons One License Zoom Sharp Business Systems |
2024 2023 £ £ 630 573 172 - 52 - - 20 - 569 938 983 |
|---|---|
| 1,792 2,145 |
|
| 11 333 1,454 869 863 680 394 394 1,248 - 1,000 - 10 - - 350 - 163 - 144 - 38 |
|
| 4,980 2,971 |
26
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 2024
| 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 Chelmsford Diocese Subsidy Redbridge Food Bank Appeal Atholl Court Xmas Gifs Appeal Childrens Society Appeal Room Hire Sundry donaton Vicar`s in-need Fund English for Women Grant Christan Aid DEC:Turkey/Syria Appeal Donatons for Defbrillator |
2024 2023 £ £ 1,223 889 26,251 23,366 7,498 7,386 250 250 |
|---|---|
| 35,222 31,891 294 196 1,136 3,350 1,477 1,653 - - 3,717 3,892 32 38 328 352 458 502 99 950 445 135 362 260 48 255 60 - 5 - 930 - - 900 - 55 - 181 - 725 |
|
| 44,613 45,335 |
27
ANNUAL REPURI AND FINANCIAL>lAI EMENIS 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 2024
| 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: |
2024 2023 £ £ 247 202 851 839 |
|---|---|
| 1,098 1,041 |
|
| - - |
|
| - - |
|
| 1,098 1,041 702 2,659 36,307 32,607 |
|
| 38,107 36,307 |
|
| 31,377 30,675 6,730 5,632 |
|
| 38,107 36,307 |
29
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 2024
| Organ Fund Income Interest on the Central Board of Finance of the Church of England deposit account Expenditure Excess of income over expenditure Opening balance Closing balance Represented by:- Central Board of Finance of the Church of England deposit account |
2024 2023 £ £ 108 92 |
|---|---|
| 108 92 |
|
| - - |
|
| - - |
|
| 108 92 2,094 2,002 |
|
| 2,202 2,094 |
|
| 2,202 2,094 |
|
| 2,202 2,094 |
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 2024
| Income and expenditure accounts for the year | ended 31 December 2024 |
|---|---|
| Restoraton Fund Income Interest on CBF deposit account Expenditure Excess of income over expenditure Opening balance Closing balance Represented by:- Current assets: Central Board of Finance of the Church of England: Deposit account |
2024 2023 £ £ 135 115 |
| 135 115 |
|
| - - |
|
| - - |
|
| 135 115 2,619 2,504 |
|
| 2,754 2,619 |
|
| 2,754 2,619 |
|
| 2,754 2,619 |
31
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 2024
| 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 Donaton: Scouts Insurance Claim |
2024 202 £ 62,910 57,61 5,875 6,01 2,929 3,80 4,606 3,58 1,250 1,37 628 1,40 952 51 610 1,440 1,44 1,271 1,09 1,068 1,34 120 1,384 |
|---|---|
| 85,043 78,19 |
32
ANNUAL REPURI AND FINANCIAL>lAI EMENIS ST PAUL'S CHURCH GOODMAYES 33
ANNUAL REPORT AND FINANCIAL STATEMENTS ANNUAL REPORT AND FINANCIAL STATEMENTS
Income and expenditure accounts for the year ended 31 December 2024
| St Paul`s Community Centre Fund Expenditure Utlites Cleaning Insurance Furniture and equipment Insurance Claim 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 Depreciaton: Furniture etc Depreciaton: Community Centre Excess of income over expenditure 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 |
2024 2 £ 8,677 10 2,873 2 600 - 1,370 1,798 1 1,248 1 2,500 2 714 140 1,884 1 911 1 1,257 2 3,178 2 1,904 1 388 1,615 3 241 1,539 1 27,110 27 |
|---|---|
| 59,947 61 25,096 16 (32,000) (44,0 (11,000) 158,062 185 |
|
| 140,158 158 |
|
| 57,525 84 2,358 2 40,970 31 24 41,053 40 (3,191) (1, 1,419 1 |
|
| 140,158 158 |
34
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 2024
| 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 |
2024 2023 £ £ 488 599 93 79 126 132 |
|---|---|
| 707 810 |
|
| 629 694 |
|
| 629 694 |
|
| 78 116 2,556 2,440 |
|
| 2,634 2,556 |
|
| 157 203 584 553 1,893 1,800 |
|
| 2,634 2,556 |
35