# **THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF S. JOHN CHRYSOSTOM WITH S. ANDREW  PECKHAM** 

# **REPORT AND FINANCIAL STATEMENT FOR THE YEAR ENDED 31[st] DECEMBER 2021** 

**Charity Number: 1165288** 



## **THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF S. JOHN CHRYSOSTOM WITH S. ANDREW, PECKHAM** 

## **FINANCIAL STATEMENT FOR THE YEAR ENDED 31[st] DECEMBER 2021** 

|**Contents**|**Page**|
|---|---|
|Legal and administrative information||
|Report of the trustees|1-3|
|Report of the independent examiner|4|
|Statement of Financial Activities|5|
|Balance sheet|6|
|Notes to the Financial Statements|7-12|
|Report of Chair of PCC for 2021|13-15|





# **THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF S. JOHN CHRYSOSTOM WITH S. ANDREW, PECKHAM** 

## **LEGAL AND ADMINISTRATIVE INFORMATION** 

**Parish Church Council at 31[st] December 2021** 

## **Charity office** 

## **Independent Examiner** 

Revd Dr Emmanuel Adeloye - chair Mrs Patricia Williams Mrs Delorine Green Mrs Maria Gabriel Mrs Ethel Adu-Offeh Mrs Elaine Taylor Trevor Drayton Ms Althea Smith Mrs Janet Helder Miss Linda Smith Oliver Igbokwe Miss Winifred Jordan Leroy Scott Mrs Rosemary Hill 10a Meeting House Lane London SE15 2UN David Barber Jubilee House 10 Moat Sole Sandwich CT13 9AU 

## **2021 MEMBERS OF PCC** 

Betty-Ann Stultz James Olanipekun Linda Smith Percy Oguery Musu Theresa Dyfan Timi Agada Rebecca Akintaro Maria Gabriel Janet Helder Donna Mortley Chukwuemeka Ben Nzewi Sami Adeola Winifred Jordan Sharon Gabriel Rosemary Hill Althea Smith 



1 

## **THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF S. JOHN CHRYSOSTOM WITH S. ANDREW, PECKHAM** 

## **REPORT OF THE TRUSTEES** 

The trustees are pleased to present their annual directors’ report together with the financial statements of the charity for the year ending 31[st] December 2021. The financial statements comply with the Charities Act 2011, and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) (effective 1 January 2015). 

## **TRUSTEES** 

The trustees named on page 1 have served throughout the year. Appointment of trustees is governed by the Trust Deed of the charity.  The Board of Trustees is authorised to appoint new trustees to fill vacancies arising through resignation or death of an existing trustee. New trustees undergo an orientation day to brief them on: their legal obligations under charity law, the Charity Commission guidance on public benefit, and inform them of the content of the governing document and decision-making processes, the business plan and recent financial performance of the charity. During the induction day they meet key employees and other trustees. 

## **STRUCTURE, GOVERNANCE AND MANAGEMENT** 

The Parochial Church Council is formed under the Church of England Assembly (Powers) Act 1919 and Parochial Church Council (Powers) Measure 1956 as amended and is currently regulated by Church Representation Rules Schedule 3 of the Synodical Government Measure 1969 as amended 

## **OBJECTS OF THE CHARITY** 

The charity has the responsibility of co-operating with the incumbent in promoting, in the ecclesiastical parish, the whole mission of the Church, pastoral, evangelistic, social and ecumenical. It also has maintenance responsibilities for the church buildings 



2 

## **THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF S. JOHN CHRYSOSTOM WITH S. ANDREW, PECKHAM** 

## **REPORT OF THE TRUSTEES - continued** 

## **RISK REVIEW** 

The trustees conduct periodic reviews of the major risks to which the charity is exposed and systems and procedures to manage those risks identified are implemented so as to minimise any potential impact on the charity should any of those risks materialise. 

## **RESERVES POLICY** 

The trustees consider the current level of reserves is sufficient to cover eventualities as they arise. 

## **PUBLIC BENEFIT** 

The charity acknowledges its requirement to demonstrate clearly that it must have charitable purposes or 'aims' that are for the public benefit. The Trustees confirm that they have paid due regard to the Charity Commission guidance on public benefit before deciding what activities the charity should undertake. 

## **PRINCIPAL OBJECTIVES AND ACTIVITIES** 

The objects of the charity are promoting in the Parish the whole mission of the Church. 

## **ACHIEVEMENTS AND PERFORMANCE** 

Please see page 13 - Report of Chair of PCC 



3 

## **THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF S. JOHN CHRYSOSTOM WITH S. ANDREW, PECKHAM** 

## **REPORT OF THE TRUSTEES – continued** 

## **Financial Review** 

Total income in the year was £75,848 (2020 £79,189) and total expenditure £54,939 (2020 £65,436). The charity has sufficient funds to meet its ongoing obligations. 

## **Parochial Church Council’s Responsibilities** 

The law applicable to charities in England and Wales requires the Parochial Church Council to prepare financial statements for each financial year, which give a true and fair view of the church’s financial activities during the year and of its financial position at the end of the year. In preparing those financial statements the Parochial Church Council is required to: 

(a) select suitable accounting policies and apply them consistently; 

(b) observe the method and principles in the Charities SORP 

(c) make judgements and estimates that are reasonable and prudent; (d) prepare the financial statements on a going concern basis unless it is inappropriate to assume that the charity will continue in business; and (e)state whether applicable accounting standards and statements of recommended practice have been followed subject to any material departures disclosed and explained in the financial statements. The Parochial Church Council has overall responsibility for ensuring that the church has appropriate systems of control, financial or otherwise. They are also responsible for maintaining proper accounting records which disclose with reasonable accuracy at any time the financial position of the church and which enable them to ensure that the financial statements comply with the Charities Act 2011, they are also responsible for safeguarding the assets of the church and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. 

**Approval** This report was approved by the trustees on 21[st] November 2022 

_Revd Dr Emmanuel_ Adeloye – Chair of PCC 



4 

# **THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF S. JOHN CHRYSOSTOM WITH S. ANDREW, PECKHAM** 

## **REPORT OF THE INDEPENDENT EXAMINER TO THE PCC** 

I report on the accounts for the year ended 31[st] December 2021, which are set out on pages 5 to 12. 

## **Respective responsibilities of trustees and examiner** 

As members of the PCC you are responsible for the preparation of the accounts and you consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is required. 

## It is my responsibility to: 

- examine the accounts under section 145 of the Charities Act, 

- to follow the procedures laid down in the general Directions given by the Charity Commission (under section 145(5)(b) of the Charities Act, and 

- To state whether particular matters have come to my attention. 

## **BASIS OF THE INDEPENDENT EXAMINER’S STATEMENT** 

My examination was carried out in accordance with the general Directions given by the Charity Commission. 

An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the Trustees concerning such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair’ view and the report is limited to those matters set out in the statement below. 

## **INDEPENDENT EXAMINER’S STATEMENT** 

In connection with my examination, no matter has come to my attention: 

- which gives me reasonable cause to believe that in any material respect the requirements; 

- to keep accounting records in accordance with Section 130 of the 2011 Act; and 

- to prepare accounts which accord with the accounting records and to comply with the accounting requirements of the 2011 Act, 

have not been met or 

- to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. 

Independent Examiner: 

## _**David Barber**_ 

David Barber, Jubilee House, 10 Moat Sole, Sandwich, Kent CT13 9AU 

Date: 21[st] November 2022 



5 

## **THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF S. JOHN CHRYSOSTOM WITH S. ANDREW, PECKHAM** 

## **STATEMENT OF FINANCIAL ACTIVITIES – YEAR ENDED 31[st] DECEMBER 2021** 


**----- Start of picture text -----**<br>
Notes  Unrestricted  Restricted  Endowment<br>Funds  Funds  Funds  2021  2020<br>£  £  £  £  £<br>INCOMING<br>RESOURCES<br>Voluntary income 2  22,922 0 0 22,922 23,474<br>Activities for<br>generating funds  3  0 0 0 0 0<br>Church activities 4  0 0 0 0 227<br>Investment income 5 38,550 0 0 38,550 41,989<br>Other incoming<br>resources 6 14,376 0 0 14,376 13,499<br>TOTAL 75,848  75,848  79,189<br>RESOURCES  Notes  Unrestricted  Restricted  Endowment  2021  2020<br>EXPENDED Funds  Funds  Funds  £  £<br>Fundraising<br>trading costs  7  0 0 0 0 0<br>Church activities 8 52,231 0 0 52,231 62,114<br>Governance costs 9 2,708 0 0 2,708 3,322<br>TOTAL 54,939 0 0 54,939 65,436<br>NET INCOMING<br>RESOURCES 20,909 0 0 20,909 13,753<br>Gain (Loss) on<br>revaluation of    17 0 0 33,071 33,071 12,359<br>investments<br>Church renovations      20  0 0 0 0 -782,076<br>NET MOVEMENT IN FUNDS 20,909 0 33,071 53,980 -755,964<br>Transfer of funds         19  0 0 0 0 0<br>Brought forward from previous  376,212 4,200 191,336 571,750 1,327,714<br>year<br>Total funds carried forward 397,121 4,200 224,407 625,730 571,750<br>**----- End of picture text -----**<br>




6 

## **THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF S. JOHN CHRYSOSTOM WITH S. ANDREW, PECKHAM** 

## **BALANCE SHEET AS AT 31[st] DECEMBER 2021** 

|Notes<br>**FIXED ASSETS**<br>Tangible assets<br>11<br>Investments<br>12<br>**TOTAL FIXED ASSETS**<br>**CURRENT ASSETS**<br>Debtors<br>13<br>Cash at bank and in hand<br>14<br>**TOTAL CURRENT ASSETS**<br>**CREDITORS**– amounts falling due within<br> one year:<br>Creditors<br>15<br>**TOTAL CREDITORS**<br>**NET CURRENT ASSETS**<br>**TOTAL ASSETS LESS CURRENT LIABILITIES**<br>**FUNDS**<br>16<br>General unrestricted<br>Restricted funds<br>Endowment funds|2021<br>2020<br>£<br>£<br>0<br>318<br>571,911<br>538,859|
|---|---|
||**571,911**<br>**539,177**|
||4,141<br>0<br>51,188<br>33,287|
||55,329<br>33,287|
||1,510<br>714|
||1,510<br>714|
|||
||**53,819**<br>**32,573**|
|||
||**625,730**<br>**571,750**|
||430,194<br>376,214<br>4,200<br>4,200<br>191,336<br>191,336|
||**625,730**<br>**571,750**|



Approved by the Parochial Church Council on 21[st] November 2022 Signed on behalf of the Parochial Church Council by: 

_Revd Dr Emmanuel Adeloye – Chair of PCC_ 



7 

## **THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF S. JOHN CHRYSOSTOM WITH S. ANDREW, PECKHAM** 

## **NOTES TO THE FINANCIAL STATEMENTS – 31[st] DECEMBER 2021** 

## **BASIS OF ACCOUNTING** 

The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities  SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015)', The financial statements have been prepared under the historical cost convention. 

## **1 ACCOUNTING POLICIES** 

## **FUNDS** 

General funds represent the funds of the PCC that are not subject to any restrictions regarding their use and are available for application on the general purposes of the PCC. (These include funds designated for a particular purpose by the PCC). The purpose of any restricted funds is noted in the accounts. 

The accounts include transactions, assets and liabilities for which the PCC can be held responsible. They do not include the accounts of Church Groups that own an affiliation to another body nor those that are informal gatherings of Church members. 

## **INCOME** 

## **Voluntary income and capital sources** 

Collections are recognised when made. 

Amounts receivable under covenant are recognised only when honoured by the covenanter. Income tax recoverable on covenanted or Gift Aided donations is recognised when claimable. Grants and legacies are accounted for as soon as the PCC is legally entitled to the amount due. 

Funds raised by the fete and similar events are accounted for gross. **Other ordinary income** 

Rental income from letting of Church premises is accounted for when earned. Parochial fees of the PCC for weddings, funerals etc are accounted for when received. **Investment income** 

Dividends and interest are accounted for when due. Tax recoverable on such income is accrued for on the same basis. 

## **APPLICATION OF RESOURCES** 

## **Grants** 

Grants and donations are accounted for when paid. 

The Diocesan quota is accounted for when payable and quota unpaid at 31[st] December 2021 is shown as a creditor on the Balance Sheet. 



8 

## **THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF S. JOHN CHRYSOSTOM WITH S. ANDREW, PECKHAM** 

## **NOTES TO THE FINANCIAL STATEMENTS – 31[st] DECEMBER 2021 - continued** 

## **FIXED ASSETS** 

## **Consecrated land and buildings and movable Church furnishings.** 

Consecrated and beneficed property is excluded from the accounts by section 10(2)(c) of the Charities Act 2011. 

No value is placed on movable Church furnishings held by the Churchwardens on special trust for the PCC and which require a faculty for disposal since the PCC considers this to be inalienable property. All expenditure incurred during the year on consecrated or beneficed buildings and movable Church furnishings, whether maintenance or improvement is written off. 

## Tangible assets and depreciation 

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided so as to write off the cost of an asset, less any estimated residual value, over the useful life of that asset as follows: 

Office equipment 20% straight line method; Church renovations 0% 

## **CURRENT ASSETS** 

Amounts owing to the PCC is respect of fees, rents or other income are shown as debtors less any provision for amounts that may prove unrecoverable. 

## **2 Voluntary income** 

|Planned giving<br>Tax recoverable<br>Grants and gifts<br>Collections<br>Donations and appeals|Unrestricted<br>Funds<br>£<br>15,802<br>0<br>0<br>6,649<br>471|Restricted<br>Funds<br>£<br>0<br>0<br>0<br>0<br>0|<br>Endowment<br>Funds<br>£<br>0<br>0<br>0<br>0<br>0|<br>Total<br>2021<br>£<br> <br>15,802<br> <br>0<br> <br>0<br> <br>6,649<br>471|Total<br>2020<br>£<br>13,806<br>941<br>0<br>8,727<br>0|
|---|---|---|---|---|---|
||22,922|0|0|22,922|23,474|



|**3 Activities for generating funds**<br>Fundraising events<br>0<br>0<br>**4 Church activities**<br>Other<br>0<br>0|**3 Activities for generating funds**<br>Fundraising events<br>0<br>0<br>**4 Church activities**<br>Other<br>0<br>0|0|0|0|0|
|---|---|---|---|---|---|
|<br>Fundraising events<br>**4 Church activities**<br>Other||||||
||0<br>0|0|0|0|0|
|||0|0|0|227|
||0|0|0|0|227|





9 

## **THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF S. JOHN CHRYSOSTOM WITH S. ANDREW, PECKHAM** 

## **5 Investment income** 

|Unrestricted<br>Funds<br>£<br>Investment property<br>income<br>38,550<br>38,550<br>**6 Other incoming resources**<br>Legacy and grants<br>2,530<br>Interest received<br>79<br>Other<br>7,626<br>Gift Aid<br>4,141<br>14,376<br>**7 Fund raising expenses**<br>Cost of events<br>0<br>0<br>**8 Church activities**<br>Giving<br>3,389<br>Contribution to Diocese<br>25,000<br>Repairs and maintenance<br>4,452<br>Insurance<br>3,976<br>Gas, electricity, water<br>3,096<br>Telephone<br>364<br>Printing, post, stationery<br>0<br>Staff wages<br>5,192<br>Waste disposal<br>1,125<br>Depreciation<br>318<br>Church music<br>1,964<br>Bank charges<br>0<br>Other costs<br>3,355<br>51,549<br>**9 Governance costs**<br>Independent examiner’s<br>fees<br>550<br>Accountancy fees<br>2,158<br>2,708|Unrestricted<br>Funds<br>£<br>38,550|Unrestricted<br>Funds<br>£<br>38,550|Unrestricted<br>Funds<br>£<br>38,550|Restricted<br>Funds<br>£<br>0|Endowment<br>Funds<br>£<br>0|Total<br>2021<br>£<br>38,550|Total<br>2020<br>£<br>41,989|
|---|---|---|---|---|---|---|---|
||38,550|||0|0|38,550|41,989|
|||||0<br>0<br>0<br>0|0<br>0<br>0<br>0|2,530<br>79<br>7,626<br>4,141|8,043<br>5,370<br>86<br>0|
|<br>Legacy and grants<br>Interest received<br>Other<br>Gift Aid<br>**7 Fund raising expenses**<br>Cost of events<br>**8 Church activities**<br>Giving<br>Contribution to Diocese<br>Repairs and maintenance<br>Insurance<br>Gas, electricity, water<br>Telephone<br>Printing, post, stationery<br>Staff wages<br>Waste disposal<br>Depreciation<br>Church music<br>Bank charges<br>Other costs<br>**9 Governance costs**<br>Independent examiner’s<br>fees<br>Accountancy fees||||||||
||||14,376|0|0|14,376|13,499|
||||0|0|0|0|0|
|<br>Cost of events<br>**8 Church activities**<br>Giving<br>Contribution to Diocese<br>Repairs and maintenance<br>Insurance<br>Gas, electricity, water<br>Telephone<br>Printing, post, stationery<br>Staff wages<br>Waste disposal<br>Depreciation<br>Church music<br>Bank charges<br>Other costs<br>**9 Governance costs**<br>Independent examiner’s<br>fees<br>Accountancy fees||||||||
||||0|0|0|0|0|
|||<br>|3,389<br>25,000<br>4,452<br>3,976<br>3,096<br>364<br>0<br>5,192<br>1,125<br>318<br>1,964<br>0<br>3,355|0<br>0<br>0<br>0<br>0<br>0<br>0<br>0<br>0<br>0<br>0<br>0<br>0|0<br>0<br>0<br>0<br>0<br>0<br>0<br>0<br>0<br>0<br>0<br>0<br>0|3,389<br>25,000<br>4,452<br>3,976<br>3,096<br>364<br>0<br>5,192<br>1,125<br>318<br>1,964<br>0<br>2,355|1,140<br>24,600<br>13,259<br>3,406<br>7,340<br>772<br>871<br>5,395<br>1,248<br>106<br>2,525<br>-50<br>1,502|
||||51,549|0|0|51,549|62,114|
||||550<br>2,158|0<br>0|0<br>0|550<br>2,158|550<br>2,772|
||||2,708|0|0|2,708|3,322|





10 

## **THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF S. JOHN CHRYSOSTOM WITH S. ANDREW, PECKHAM** 

## **NOTES TO THE FINANCIAL STATEMENTS – 31[st] DECEMBER 2021 - continued** 

## **10 Staff costs** 

|Wages and salaries|Unrestricted<br>Funds<br>£<br>5,792|Total<br>2021<br>£<br>5,792|Total<br>2020<br>£<br>5,394|
|---|---|---|---|
||5,792|5,792|5,394|



## **10A Related Party Transactions.** 

Any amounts paid to PCC Members or to the Incumbent during the year are in reimbursement of expenses incurred solely on activities related to the Parish. 

## **11 Tangible fixed assets** 

|**Cost**<br>At 1stJanuary 2021<br>Additions<br>At 31stDecember 2021<br>**Depreciation**<br>At 1stJanuary 2021<br>Charge in the year<br>At 31stDecember 2021<br>**Net book value**<br>At 31stDecember 2021<br>At 31stDecember 2020|Church<br>renovations<br>£<br>Office<br>equipment<br>£<br>Total<br>£<br>0<br>5,105<br>5,105<br>0<br>0|
|---|---|
||0<br>5,105<br> 5,105|
||0<br>4,787<br>4,787<br>0<br>318<br>318|
||0<br>5,105<br>5,105|
|||
||0<br>0<br>0|
||0<br>318<br>318|



**In the year ending 31 December 2020 the amount of £782,076 representing improvements and renovations to the Church buildings was written off as Indicated in the SOFA dated 31 December 2020** 

## **12 Investments** 

|Property Springall Street<br>Bruce McMurray<br>Memorial Fund|Unrestricted<br>Funds<br>£<br>380,576<br>0|Restricted<br>Funds<br>£<br>0<br>0|Endowment<br>Funds<br>£<br>0<br>191,335|Total<br>2021<br>£<br>380,576<br>191,335|Total<br>2020<br>£<br>347,524<br>191,335|
|---|---|---|---|---|---|
||280,576|0|191,335|571,911|538,859|





11 

## **THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF S. JOHN CHRYSOSTOM WITH S. ANDREW, PECKHAM** 

**NOTES TO THE FINANCIAL STATEMENTS – 31[st] DECEMBER 2021 - continued** 


**----- Start of picture text -----**<br>
13 Debtors<br>Unrestricted  Restricted  Endowment  Total  Total<br>Funds  Funds  Funds  2021  2020<br>£ £ £ £ £<br>Recoverable Gift Aid  4,141 0 0 4,141 0<br>**----- End of picture text -----**<br>


||**4,141**<br>**0**<br>**0**<br>**4,141**<br>**0**<br>**14 Cash at bank and in hand**<br>PCC Bank Account<br>11,159<br>4,200<br>0<br>15,359<br>5,429<br>Restoration Account<br>5,125<br>0<br>0<br>5,125<br>749<br>CBF – Deposit Fund<br>2,750<br>0<br>0<br>2,750<br>4,729<br>BM current account<br>CBF T1169137002465D<br>27,954<br>0<br>0<br>27,954<br>22,380<br>**46,988**<br>**4,200**<br>**0**<br>**51,188**<br>**33,287**<br>**15 Creditors (due within one year)**<br>Short term loan<br>0<br>0<br>0<br>0<br>0<br>Accruals<br>1.510<br>0<br>0<br>1.510<br>714<br>**1.510**<br>**0**<br>**0**<br>**1,510**<br>**714**<br>**16 Analysis of net assets by fund**<br>Fixed assets<br>0<br>0<br>0<br>0<br>318<br>Investments<br>380,576<br>0<br>191,335<br>571,911<br>538,859<br>Cash at bank<br>46,988<br>4,200<br>0<br>51,188<br>33,287<br>Debtors – gift aid<br>4,141<br>0<br>0<br>4,141<br>0<br>Creditors<br>-1,510<br>0<br>0<br>-1,510<br>-714<br>393,002<br>4,200<br>191,335<br>625,730<br>571,750<br>**17 net gains (losses) on investments**<br>Bruce McMurray Fund<br>0<br>0<br>33,071<br>33,071<br>12,359<br>0<br>0<br>33,071<br>33,071<br>12,359|**4,141**<br>**0**<br>**0**<br>**4,141**<br>**0**|**4,141**<br>**0**<br>**0**<br>**4,141**<br>**0**|
|---|---|---|---|
||<br>Fixed assets<br>Investments<br>Cash at bank<br>Debtors – gift aid<br>Creditors<br>**17 net gains (losses) on**|||
||||393,002<br>4,200<br>191,335<br>625,730<br>571,750|
||||**investments**<br>0<br>0<br>33,071<br>33,071<br>12,359|
||<br>Bruce McMurray Fund|||
||||0<br>0<br>33,071<br>33,071<br>12,359|





12 

## **THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF S. JOHN CHRYSOSTOM WITH S. ANDREW, PECKHAM** 

**NOTES TO THE FINANCIAL STATEMENTS – 31[st] DECEMBER 2021continued** 

|**18 Funds**<br>General or unrestricted<br>funds<br>Restricted funds<br>Endowment funds|Brought forward<br>Incoming<br>Resources<br>Resources<br>Expended<br>Revaluation<br>Carried forward<br>376,212<br>75,848<br>54,939<br>0<br>391,584<br>4,200<br>0<br>0<br>0<br>4,200<br>191,338<br>0<br>0<br>33,071<br>224,408|
|---|---|
||571,750<br>75,848<br>54,939<br>33,071<br>620,192|



## **19 Transfer of Funds** 

There were no transfers of funds in the year. The balance of Endowment Funds carried forward at 31[st] December 2021 relates to the Bruce McMurray Fund. 



13 

## **THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF S. JOHN CHRYSOSTOM WITH S. ANDREW, PECKHAM** 

## **REPORT OF THE PROCEEDINGS OF THE PCC ACTIVITIES OF THE PARISH GENERALLY IN 2021.** 

We came out of the lockdowns to partial restrictions in the year. The Church resumed services in persons fully on site, holding two sessions at 9.00 am and 10.30 am on Sundays. Generally, the year 2021 fared better than the previous one with severe Covid-19 pandemic globally. 

The PCC held her statutory meetings in 2021 were on the 7th of February (the one scheduled for 31st January was postponed), 11th April 27th June 26th September, and 12[th] December. 

The Standing Committee was held twice on the 9th of May and the 29th of August respectively. We discussed issues that were of interest to the Church. 

The PCC remained prudent in her expenses and was able to have some surplus, to maintain our facilities, despite the difficult year. The PCC is resolved in meeting all her responsibilities, including her Diocesan pledges which were paid as at when due. All other financial obligations were met. 

Relevant inspections were carried out by the Acting Archdeacon, and the Church’s Architect respectively in the year. All our fabrics, ornaments, buildings were kept in good conditions and necessary repairs and maintenance works were carried out. 

The two staff flats on the premises were well maintained and continued to be let out via Dexters Estate Agents who manage the flats and to whom the Church pays a monthly fee.  The rent received from the flats brings in a much-needed income to St John’s. 

The Church continued her work of witness via worship, evangelism and mission with new and ardent commitment. We hope to work hard to continue our work of mission and evangelism more vigorously in the years ahead. We are resolved to making our facilities available as we have done in the past. We will also engage our community in mission of service through worship, educational support to the local community. We continue to make the Church a place of welcome to all. 

Our Diocesan pledges were paid as at when due. Other financial obligations were met, necessary repairs and maintenance works were carried out. The PCC was prudent in our expenses and was able to have some surplus. 



**SAFEGUARDING PRINCIPLES.** 14 The PCC and this Church is committed to the safeguarding, care and nurture of everyone within our community. The PCC abides by the Church of England example and policy as shown here: 

The Church of England will: 

- Promote a safer environment and culture 

- Safely recruit and support all those with any responsibility related to children and vulnerable adults within the Church 

- Respond promptly to every safeguarding concern or allegation 

- Care pastorally for victims/survivors of abuse and other affected persons 

- Care pastorally for those who are the subject of concerns or allegations of of abuse and other affected persons 

- Respond to those that may pose a present risk to others 

The Church Council has complied with its duty under section 5 of the Safeguarding and Clergy Discipline Measure 2016 to have due regard to the House of Bishop’s guidance on Safeguarding children and vulnerable adults. 

## **CHARITIES** 

The Church supported some charities with donations to Mercy Ships, Barnabas Fund and Church Urban Fund during the year and will continue to do so as part of her social responsibilities. 

## **CHURH HALL RENTAL** 

The Alpha Stars Early Years Nursery school which uses our Hall, closed towards the end of the year. 

Ditto, the hall was not rented by outsiders for most part of the year because of the COVID-19 pandemic. These resulted in some reduction in our income. 

Application by Big ‘N’ All Day Nursery and Pre-School to use the Hall is being considered by the PCC. 

## **ACTIVITIES.** 

There was a School visit to the Church (Harris Academy, Peckham) during which the Vicar taught the children many things about the Church, including the significance of Christmas. 

Our Patronal and Harvest celebration also took place with much funfair. The Boys’ and Girls’ Brigade continued their activities in the year. 

## **Timi Igali.** _**PCC Secretary.**_ 

## **Betty-Ann Stultz and James Olanipekun.** _**Wardens.**_ 

**Rev. Dr. Emmanuel Adeloye.** _**Vicar.**_ 

