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2021-12-31-accounts

Con tent s HO
HO
Forthe year ended 31"December 2021
Page No.
Report ofthe Parochial
Church		 Council 01 —08
Independent
Examiner's
Report		 09
Statement of Financial Activities 10
Balance Sheet
Statement ofCash Flows 12
Notes to the Financial Statements 13—22

Church Staff in 2021
Vicar's PAk Good Company Lead Jo Minton (Part-time)
Youth Lead, Communications Xfinance Chris Kettle (Full-time)
Community
Lead		 Sue Wood (Full-time)
Children &Families Lead Emily Evans (Part-time —job share)
Children k, Families Lead Dee Sheady (Part-time —job share)
Lay Minister Wendy Fay (Voluntary)
Gena Smith (Voluntary —from 1/9/2021)
Buildings
Manager		 Graham Neilson (Voluntary)
Placement
Students		 Victoria Bruce
Jake Steell
Jordan Ferrier

Vision and Vision and Mission Action Plan Mission Action Plan Mission Action Plan
In January we launched
our new Mission		 Action Plan having
sought the		 Lord's direction for the next
3years.
Mission Action Plan 2022-2025
WORKING TOWARDS THE VISION
PLIRPOSE Love Jesus, Love Our Church, tave aur Community
VALLIES Christ-centred Cornrnunity Connect
BEHAVIOUR Our rome isalways on Jesus and we seek We area mmmmityof
peoplewhereafi		 We seek to be brave andmurageous
in
tofacilitate Jesus enmunters
so broken		 are wehomed, cherished, arcspted and mnnecting
with thme who live and work
lives can be transformed
by the Holy		 Spirit, valued; meeting
in arelaxed
atmosphere		 locally by making the gaspel accessible and
prayer and woIship. The bible isour where God isglorified, with all ages, relevant
in this mIdticultreal
and diverse part
reference
point. We are seeking togrow		 ethIdcities and backgromds
actively involved		 orWest London. We believe inteamwork
asChrist folknvers and equip &invest
in		 inthe Ire ofour church family. and partnership
aswe invest in individuals,
people, sothey can be afi Ged iscalfing thern We want oer buildings to bless the groups and ninistr iesta bring practical Imo
tobe. whole community
racilitating
people		 and
kingdom
gneeth. We have a big heart for
to meet with God, to make friends and the marginalsed
and through
the power or
live life better. the Holy Spirit we seek to be change agents
inner locelmmmudty.
VISION We want ta bea visible, grawlng and thriving community
where people came and		 find transfarmatian
aftheir lives In Jesus
Mlsslorr FocLls
Loving our Local Community		 Youth &Children Discipleship
&Belonging
~ Initiatives ta reduce the risk of people ~
Investing
ln children and families		 ~
Initiatives ta help drlldren,
young
GOALS FOR THE getting Inta poverty
ln aur local		 ~
Toconsolidate
our youth work and		 people, and adults ta ga deeper in
IVEXT 3 YEARS community develop partnershlps
ta establish		 faith &relationship
with each other
~ Tadevelap
new warshlpping		 angaingyauth
activities		 ~
Developing our warship services by
communities
out ofour Good		 ~
Taattract the missing generation		 em powerlng the full body ofthe
Shepherd
Location		 Errs &3O's with new initiatives church ta play their part in services,
~ Taexplore &seek Gad's guidance
re
the possibility ofa So lacatlan
(church		 mission and ministry.
~
Tafacilitate encounters
with nous
plant) through
prayer, preaching,
warship,
~ Prodalmlng
the gospel ofJesus		 to biblical teaching and creativity
those wha dan't yet know Him
Mission By God's grace, we express the transforming love ofJesus
STATEMEIVT by seeking fo meet the spiritual,
practical, emotional
and social		 needs ofour local community.
Our Bible Passage for this year is Romans
15: 13:"May the God of hope fill you with all joy and
peace as you trust in him, so that you may overflow with hope by the power ofthe Holy Spirit. ".
In this season of covid, job loss, health worries, mental health troubles increasing
etc we look to Jesus
—the God of hope to fill us with joy and peace as we chose to trust in Him during
this uncertain
season.

2021 2020
Unrestricted Restricted Total Unrestricted Restricted Total
Note Funds Funds Funds Funds Funds Funds
INCOME FROM:
Donations
and legacies
Voluntary
Income from donors		 122,089 42,261 164,350 98,136 22,083 120,218
Other voluntary
income		 14,833 40,836 55,669 34,488 42,202 76,690
136,922 83,097 220,019 132,624 64,285 196,908
Charitable
activities		 22,576 22,576 6,830 6,830
Investment
income		 35 39 25 37 62
Furlough
income		 3,925 3,925
TOTAL INCOME 2 159533 83101 242 634 143,404 64,322 207,725
EXPENDITURE ON:
Charitable
activities		 156,282 90,056 246,338 133,390 39,962 173,352
TOTAL EXPENDITURE 3 156282 90056 246 338 133,390 39,962 173,352
Net income I(expenditure) 3,251 (6,955) (3,704) 10,014 24,360 34,373
Gross transfers
between		 funds (9,645) 9,645 (2,930) 2,930
Net movement
in funds		 (6,394) 2,690 (3,704) 7,084 27,290 34,373
Other recognised
gains		 and losses
Gain on investment
asset		 13,440 13,440 8,634 8,634
RECONCILIATION
OF FUNDS
Total funds brought
forward		 128,538 90,080 218,618 112,821 62,790 175,611
TOTAL FUNDS CARRIED FORWARD 13 135584 92770 228 354 128538 90080 218617

2021 2020
Fixed assets
Tangible fixed assets 9 24,779 1,950
Investments 10 71,698 58,258
96,477 60,208
Current assets
Debtors 13,288 4,453
Cash at bank and in hand 131,559 162,761
144,847 167,214
Creditors: falling due within one year 12 (12,970) (8,804)
Net current assets 131,877 158,410
Net assets less current liabilities 228,354 218,617
TOTAL NET ASSETS 228 354 218,617
RESERVES
Restricted funds 13
Children's
worker		 0 2,123
The Hub 11,052 21,905
Foodbank 58,439 29,366
Kitchen 7,574 7,574
Good Company 5,254
Spire Project 9,859 28,519
Kick Academy 0
Mission 0
Youth Sleepout 0
Flooring 592 592
13 92,770 90,079
Unrestricted
funds		 14
General fund 135,584 128,538
TOTAL FUNDS 228 354 218617

Forthe year ended 31st December 2021 2021
2021 2020
Notes
Cash flows from operating activities 19 (3,280) 35,568
Cash flows from investing activities
Purchase offixed assets (27,921) (2,128)
Cash flows from financing activities
Change
in cash and cash		 equivalents in the year (31,201) 33,440
Cash and cash equivalents at beginning ofyear 162,760 129,320
Cash and cash equivalents at end of year 131,559 162,760

Forthe year ended 31stDecember Forthe year ended 31stDecember Forthe year ended 31stDecember Forthe year ended 31stDecember Forthe year ended 31stDecember Forthe year ended 31stDecember 2021
2. INCOME
2021 2020
Unrestricted Restricted Total Unrestricted Restricted Total
Funds Funds Funds Funds Funds Funds
Voluntary
income		 from donors
Standing
Orders
direct 69,285 1,330 70,615 68,870 820 69,690
via charitable agencies 18 500 518 185 8,352 8,537
Single gifts
direct 28,977 36,223 65,200 8,435 8,885 17,320
Income tax recoverable 19,528 1,435 20,963 16,377 500 16,877
Collections at all services 4,281 2,773 7,054 4,268 3,526 7,794
122,089 42,261 164,350 98,135 22,083 120,218
Other voluntary income resources
Grants
Other 14,336 40,836 55,172 34,246 42,202 76,448
Other income
Spire and Stonework
Holiday Club (45) (45)
Play Cafe 12 12 155 155
Cafe 25 25
Youth Work 100 100
Stewardship Account
Church Weekend Away 385 385 107 107
14,833 40,836 55,669 34,488 42,202 76,690
Total donations and legacies 136,922 83,097 220,019 132,623 64,285 196,908
Incoming resources from charitable activities
Fees 3,340 3,340 370 370
Church hall lettings 19,236 19,236 6,460 6,460
22,576 22,576 6,830 6,830
Investment
income
General fund 35 39 25 37 62
35 39 25 37 62
Other income
Coronavirus
Job		 Retention Scheme Grant 3,925 3,925
3,925 3,925
Income from charitable activities 22 611 4 22615 10780 37 10817
TOTAL INCOME 159533 83 101 242 634 143,403 64,322 207,725

Forthe year ended 31stDecember Forthe year ended 31stDecember 2021
3.
EXPENDITURE
2021 2020
Unrestricted Restricted Total Unrestricted Restricted Total
Funds Funds Funds Funds Funds Funds
Grants (note 4)
Christian
relief and development		 2,434 5,068 7,502 3,701 189 3,890
Home mission
and school
2,434 5,068 7,502 3,701 189 3,890
Activities directly relating to the activities of the church
Common
Fund —Parish standard		 cost 52,721 52,721 40,000 40,000
Additional
clergy and parish costs		 696 696 21,120 2,551 23,671
Children's
and youth work		 1,156 7,867 9,023 1,471 2,102 3,573
Church 1,637 5,838 7,475 27,518 6,935 34,453
Events expenditure
(note 7)		 1,603 194 1,797 1,290 1,290
57,813 13,899 71,712 91,399 11,588 102,987
Support costs (note5)
Administrative
staff		 30,686 54,475 85,161 20,009 27,940 47,949
Communication
and publicity		 2,336 2,336 532 125 657
Church
office(lncl Repairs -General)[see		 below] 49,916 16,614 66,530 10,054 121 10,175
Bank charges 298 298 216 216
Depreciation 5,092 5,092
Governance
costs —audit fees		 7,707 7,707 7,479 7,479
96,035 71,089 167,124 38,290 28,186 66,476
TOTAL EXPENDITURE 156282 90056 246 338 133390 39963 173353

2021 2020
Support of
overseas Christian
missionaries relief & Home
(incl short term) development mission Total Total
To Institutions
ASHA —donation 500 500
Transforming Lives for Good 150 150 900
Hope for Justice 625
Operations Mobilisation 742
Crosslight -LYN 4,988 4,988
Other
Various grants less than E1,000 750 750
To individuals
Various grants less than E1,000 1,034 80 1,114 1,623
Total 2,434 5,068 7,502 3,890
Being
Unrestricted Fund 2,434 3,701
Restricted Fund 5,068 189
7 502 3,890

25% 15% 25% 10% 25%
Children' s Youth Events Basis of
Worker Pastoral Work Expenditure Worship Total allocation
f f
Administrative staff 21,290 12,774 21,290 8,516 21,290 85,161 usage
Communication and publicity 584 350 584 234 584 2,336 usage
Church office 16,633 9,980 16,633 6,653 16,633 66,530 usage
Bank charges 75 45 75 30 75 298 usage
Depreciation 1,273 764 1,273 509 1,273 5,092 usage
Governance costs —audit fees 1,927 1,156 1,927 771 1,927 7,707 usage
41,781 25,069 41,781 16,712 41 781 167124

6.
RESO		 URCES EXPENDED INCLUDE
2021 2020
Diocesan Common
Fund		 52,721 40,000
Hire of plant and machinery
Independent examiner
&accounting fees		 5,160 5,400
57,881 45,400

2021 2020
Incoming Resources Net Income Incoming Resources Net Income
resources expended I(spend) resources expended I(spend)
E
Focus 0 0
Sleepout Challenge 0 0 0
Other events (1,797) (1,797) (1,290) (1,290)
1 797 1 797 1,290 1,290
Being
Unrestricted Fund (1,603) (1,603) (1,290) (1,290)
Restricted Fund (194) (194) 0 0
1 797 1 797 1 290 1 290

working
for the		 church
during the year was as follows;
2021 2020
Lay ministers
Administration
Total
No employee was paid more than f60,000.The aggregate payroll costs were as follows;
Wages and salaries 67,817 66,269
Social security costs
Other pension costs 3,509 1,630
71,326 67,899

9.
TANGIBLE FIXEDASSETS		 9.
TANGIBLE FIXEDASSETS
Computer Fixtures &
equipment Fittings Total
Cost or valuation
At beginning
ofyear		 23,813 4,134 27,947
Additions 11,784 16,137 27,921
Disposals
At the end ofthe year 35,597 20,271 55,868
Depreciation
At beginning
ofyear		 21,863 4,134 25,997
Disposals
Charged
in year		 3,478 1,614 5,092
At the end ofthe year 25,341 5,748 31,089
Net book value
At 31 December 2021 10,256 14,523 24,779
At 31 December 2020 1,950 1,950
10.
FIXEDASSET		 INVESTMENTS
2021 2020
Investment 71,698 58,258
71698 58,258
11.
DEBTORS
2021 2020
Trade debtors 3,941 500
Gift Aid recoverable 4,265 2,548
VAT Recoverable 3,428 417
Prepayments
and accrued income		 1,654 988
13,288 4,453
12.
CREDITORS DUE WITH ONE YEAR
2021 2020
Trade creditors 6,679 2,633
Social Security and other taxes 892 830
Accruals and deferred income 5,399 5,341
Other creditors
12,970 8,804

13.
UNRESTRICTED		 13.
UNRESTRICTED		 AND RESTRICTED —MOVEMENT IN FUNDS
Balance at Incoming Resources Balance at
31Dec 2020 Resources Expended Transfers 31 Dec 2021
Unrestricted
Funds:
General
Fund		 95,372 159,533 (156,282) (9,645) 88,978
Other recognised gains and losses
Gain on investment asset 33,166 13,440 46,606
Total unrestricted funds 128,538 172,973 ~156,282 ~9,645 135,584
Restricted Funds:
Children's
worker		 2,123 0 (9,207) 7,084 0
The Hub 21,905 0 (10,853) 0 11,052
Foodbank 29,366 67,978 (38,905) 0 58,439
Kitchen 7,574 0 0 0 7,574
Good Company 11,279 (6,025) 0 5,254
Spire Project 28,519 4 (18,664) 0 9,859
Kick Academy 3,840 (6,401) 2,561 0
Mission 0 0 0 0
Flooring 592 0 0 0 592
Youth Sleepout 0 0 0 0
Total restricted funds 90,079 83,101 ~90,055 9,645 92,770
Total funds 218,617 256,074 ~246,337 228,354
14.
UNRESTRICTED		 FUND 2021 2020
f f
Reserves at the beginning ofthe year 128,538 112,821
Net (outgoing) Iincoming reserves 7,046 15,717
Reserves at the end ofthe year 135,584 128,538

Children' s Spire
Worker Foodbank Kitchen Project The Hub Sub total
As at 31December 2021
Cash at bank and in hand 58,439 7,574 9,859 11,052 86,924
Debtors
58,439 7,574 9,859 11,052 86,924
Current creditors
Net current assets 58,439 7,574 9,859 11,052 86,924
Fixed assets
58,439 7,574 9 859 11052 86924
Children' s Spire
Worker Foodbank Kitchen project The Hub Sub total
As at 31 December 2020
Cash at bank and in hand 2,123 29,358 7,574 28,519 21,905 89,479
Debtors 8 8
2,123 29,366 7,574 28,519 21,905 89,487
Current creditors
Net current assets 2,123 29,366 7,574 28,519 21,905 89,487
Fixed assets
2 123 29366 7574 28 519 21 905 89487
Good Kick
Company Academy Mission Flooring General Total
As at 31December 2021
Cash at bank and in hand 5,254 592 38,789 131,559
Debtors 13,288 13,288
5,254 592 52,077 144,847
Current creditors (12,970) (12,970)
Net current assets 5,254 592 39,107 131,877
Fixed assets 96,477 96,477
5254 592 135584 228 354
Good Kick
Company Academy Mission Flooring General Total
As at 31 December 2020
Cash at bank and in hand 592 72,690 162,761
Debtors 4,444 4,452
Current creditors 592
0		 77,134
~8.804		 167,213
~8.804
Net current assets 592 68,330 158,409
Fixed assets 0 60,208 60,208
592 128538 218617

19.
RECONCILIATION		 OF NET INCOME / (EXPENDITURE) TO
NET CASH FLOWS FROM OPERATING ACTIVITIES 2021
Net income/(expenditure) for year 9,736
Depreciation 5,092
(Gain) / Loss on investment
asset		 (13,440)
(Increase)
/ decrease
in		 debtors (8,834)
Increase
/ (decrease) in		 creditors 4,166
(3,280)