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2022-12-31-accounts

St Mary’s Cable Street: Annual Report of the Parochial Church Council for the year ended 31 December 2022

Administrative information

St Mary’s Cable Street is part of the Deanery of Tower Hamlets in the Diocese of London within the Church of England. The correspondence address is St Mary’s Clergy House, 68 Johnson Street, London E1 0BQ. (Tel 020 7790 0973; email mcgeary@pmcg26.uk).

The Parochial Church Council (PCC) is a charity registered with the Charity Commission, no 1166344.

During 2022, the following persons served on the Parochial Church Council: Margaret Agyemang Joyce Chastell Paul Edwards (until 30 April) Joyce Goody Bethan Lant (Churchwarden) Revd Peter McGeary (Vicar, Chairman) Nicola Mason (Hon Treasurer) Richard Reindorp (Churchwarden, Deanery Synod Representative)

The Standing Committee consists of the Chairman, Wardens and Treasurer.

The Independent Examiner is Mr Philip Hendry, 30 Vinegar St, London E1 2QQ.

The Quinquennial Inspecting Architect is Mr Jon Bolter, Rees Bolter Architects, Unit 11 New North House, 202 New North Rd, London N1 7BJ.

Structure, governance and management

The governing documents for the PCC are contained in two Acts of Parliament: the Parochial Church Councils (Powers) Measure 1956, and the Church Representation Rules. The method of appointment of PCC members is set out in the Church Representation Rules. Copies of these documents are available from www.statutelaw.gov.uk. All Church attendees are encouraged to register on the Electoral Roll and to stand for election to the PCC.

Objectives and activities

The PCC has the responsibility of cooperating with the Incumbent in promoting the whole mission of the Church in the ecclesiastical parish of St Mary’s Cable Street, pastoral, evangelistic, social and ecumenical. Part of these responsibilities involves the maintenance of the church building and the two hall facilities at 71 and 71a Johnson St London E1. The London Diocesan Fund are custodian trustees of the Halls, the PCC being the managing trustees.

A fuller exposition of the PCC’s activities and aspirations is contained in Appendix 1 of this report, which is a copy of the church’s Mission Action Plan.

Achievements and performance

-Church attendance

The Church Electoral Roll stands at 55 persons. With the closure of E1 Community Church, the use of the hall for acts of worship ceased.

- Review of the year

The PCC has been able to meet in person once more, and in 2022 met on four occasions. The Standing Committee has been able to meet informally on regular occasions after Sunday Mass to continue the administration of church affairs.

The Mission Action Plan (Appendix 1) would normally be a good guide to the ongoing subject matter under discussion during the year, but for much of 2022 the priority has continued to be the maintenance of the regular daily pattern of worship, the safe guardianship of the church buildings, and the careful return to ‘normality’ after the liturgical and social restrictions of Covid. A number of people who would normally use the church and its facilities were unable to do so, and sadly were unable to return for the time being due to lack of funding (Societylinks youth group), although the community hall (71, ground floor) continued to be put to use a hub for masks, Covid information leaflets etc. We hope that youth activities will resume soon.

Sadly E1 Community Church and the Geoff Ashcroft Community were closed after Easter after 25 years’ service to the area. Efforts to allow St Mary’s PCC to take on responsibility for GAC proved unsuccessful. The two drug counselling services in 71 and 71a continued to function online and by ‘phone, with in-person contact on site resuming.

’ -St Mary s Church: works outstanding continue to include a possible upgrading of the heating system, although this remains unlikely in the immediate future. The pipe organ (of historical value) awaits funds for its restoration. More systematic repairs to the church roof need to be considered, especially on the south side. The PCC tries to build up reserves to address these issues. The mobile ‘phone equipment in the tower has been upgraded to 5G, and works on this were completed in 2021.

St Mary’s has a Facebook page and a blog that give details of forthcoming events and regular services, and a Twitter account.

Nicola Mason’s ministry of prayer and spiritual direction attracts many to St Mary’s, and continues be be an invaluable part of its ministry to the wider Church. She has also been crucial in helping to maintain the pattern of daily Mass during and after lockdown.

Additional sung services for Advent and Christmas, sung by visiting groups of singers, attracted many visitors. Despite the use of Zoom due to Covid travel restrictions, the Diocese in Europe continues to send ordinands and ‘enquirers’ to St Mary’s to find out about life and ministry in an inner city

parish. The church continued to play a valuable part in the community by opening the Hall for the duration of the London Marathon. The Hall has also been much used as a hub for the storage of masks and information leaflets etc, and for the support of volunteers. Also, the importance of having the church itself open for prayer should be noted: it is used not just by casual visitors but also by those coming for confession or spiritual direction, and also by staff and clients using the hall facilities.

Fr Peter has provided weekly pastoral support to a local care home as well as cover at Westminster Abbey, St Paul’s Cathedral and four other churches in the Diocese. Communion is taken weekly to members of the congregation who are too ill to attend church.

The ‘community larder’ begun in 2017 continues to be used. This is a small stock of non-perishable goods that are available to those who might need them. The Council continues to explore further ways of giving practical assistance to those who are homeless or suffering from extreme poverty.

The PCC continues to be grateful to Michael Ling and his son Danny for their ongoing maintenance care to the church and halls.

The PCC wishes to record its gratitude to Mr Philip Gunner our surveyor, whose patient professional assistance with rental and other negotiations continues to be invaluable. Despite retiring in 2021, Mr Gunner has indicated that he is happy to continue working for St Mary’s if required.

Relations with E1 Community Church continue to be cordial. St Mary’s continued as a member of Shadwell Responds, a group of local faith groups, tenants’ association etc, formed to identify and address local needs in the wake of the pandemic. Discussions continue on how the relationships built up through this work might continue post-pandemic.

Adrian Lewis continues to give faithful service as Organist, and the Council is very grateful to him for all his work providing organ music Sunday by Sunday to enrich the Mass.

Bethan and her iPhone have been invaluable in establishing a pattern of livestreaming Sunday worship, which seems to be attracting a degree of interest. In addition, The PCC should record her role as Chair of the London Churches Refugees’ Group, and also as a member of the steering group of the Church of England Refugee Sponsorship Group.

It is worth noting the importance of keeping the church building open as much as possible during the day, particular during a time of uncertainty and fear. A significant number of people seem to be dropping in for prayer and quiet, and it is hoped that the availability of the building in this way can be enhanced in the future.

-Financial Review

Details of income and expenditure are contained in Appendix 2 of this report.

The Common Fund payment is the sum due to the Diocese of London as a contribution towards the costs of a parish priest. Our apportionment of £40000 was paid in full. The apportionment for 2023 was agreed to remain at £40000.

It is PCC policy to maintain a balance on unrestricted funds (if possible) which equates to approximately two years’ Common Fund. In recent years reserves have been substantially increased, the PCC being mindful of important outstanding works that it has not been possible to do during the pandemic period.

It is our policy to invest as far as possible with the CBF Church of England Deposit Fund.

Approved by the PCC and signed on their behalf by the Chairman.

Appendix 1: St Mary’s Cable St Mission Action Plan 2022.

The Geoff Ashcroft Community, one of the small local groups that use St Mary’s Hall for their meetings, used to have this as their ‘mission statement’. It expresses very well what the Church here stands for: ‘We are seeking to build a community which offers a place of belonging, safety, confidence, friendship and service – in a space where growth can take place and people can experience love.’

Our aims and aspirations are:

1: Before all else, to offer authentic, ordered, daily worship to almighty God.

4: To develop existing links with E1 Community Church and other local churches.

6: To organise more social functions.

9: To build up a more structured ministry to children.

The Geoff Ashcroft Community

of Christians

-E1CC is a church plant begun in 1998 by ‘Urban Expression’, meeting weekly

in

St Mary’s Hall and in smaller, estate based, units.

12: To explore local and/or overseas projects as a focus for giving.

APPENDIX 2: ST MARY'S CABLE STREET FINANCIAL REPORT

ST MARY'S CHURCH
CABLE STREET
Financial Statement for the Year ended 31/12/22
General Fund
Receipts
Incoming resources from donors
Planned giving
Collections and other giving
Other voluntary incoming resources
Donations
Income from investments
Bank interest
Income from charitable and ancilliary trading
Fees
Rents etc
Miscellaneous Income
Total Receipts
Payments
Activities directly relating to the work of the Church
Common fund
Church running expenses
Clergy expenses
Utilities
Cost of services
Buildings maintenance
Church management and administration
Parochial fees
Misc
Refuse collection
Ofce costs
Insurance
Total Payments
Surplus/(Defcit)
Funds at 1st January
Net Movement in Funds
Funds at 31st December
Grants
(Includes £2,000 Mercers Grant(2021 £2,000))
6,911 -
1,547 -
8,458 -
2,000
5,606 -
5,606 2,000
3,604 -
3,604 -
578 -
85,264 -
2,450
88,292 -
105,960 2,000
40,000 -
40,000 -
537 -
4,389 -
2,121 -
376 2,000
7,423 2,000
305 -
3,330 -
116 -
2,384 -
6,895 -
13,030 -
60,453 2,000
45,507 -
275,214 -
45,507
320,721 -
Unrestricted
Funds
£
Restricted
Funds
£
6,911
1,547
8,458
2,000
5,606
7,606
3,604
3,604
578
85,264
Total 2022
£
8,322
968
Special Donations up a lot
9,290
2,000
5,771
7,771
98
Interest quite odd
98
1,451
95,054
98,188
115,347
38,000
38,000
90
4,139
1,399
12,270
17,898
384
1,200
70
1,807
6,566
Insurance up a lot
10,027
Funds Rec:
65,925
391334 Current
306534 CBF
49,422
697868
275,214
275,214
Total 2021
£
88,292
107,960
40,000
40,000
537
4,389
2,121
2,376
9,423
305
3,330
116
2,384
6,895
13,030
62,453
45,507
275,214
45,507
320,721

Independent Examiner's Report

To the PCC of The Parish of St Mary's, Cable Street

The Charities Act 2011 (CA11).

Respective responsibilities of PCC and examiner

received no remuneration for providing this independent examination.

Basis of Report

audit opinion on the accounts. This report is limited to those matters set out in the statement belo

Independent examiner's statement

During my examination, no matter has come to my attention:

Philip Hendry, ACA

30 Vinegar Street London E1W 2QQ

APPENDIX 2: ST MARY'S CABLE STREET FINANCIAL REPORT

ST MARY'S CHURCH
CABLE STREET
Financial Statement for the Year ended 31/12/22
General Fund
Receipts
Incoming resources from donors
Planned giving
Collections and other giving
Other voluntary incoming resources
Donations
Income from investments
Bank interest
Income from charitable and ancilliary trading
Fees
Rents etc
Miscellaneous Income
Total Receipts
Payments
Activities directly relating to the work of the Church
Common fund
Church running expenses
Clergy expenses
Utilities
Cost of services
Buildings maintenance
Church management and administration
Parochial fees
Misc
Refuse collection
Ofce costs
Insurance
Total Payments
Surplus/(Defcit)
Funds at 1st January
Net Movement in Funds
Funds at 31st December
Grants
(Includes £2,000 Mercers Grant(2021 £2,000))
6,911 -
1,547 -
8,458 -
2,000
5,606 -
5,606 2,000
3,604 -
3,604 -
578 -
85,264 -
2,450
88,292 -
105,960 2,000
40,000 -
40,000 -
537 -
4,389 -
2,121 -
376 2,000
7,423 2,000
305 -
3,330 -
116 -
2,384 -
6,895 -
13,030 -
60,453 2,000
45,507 -
275,214 -
45,507
320,721 -
Unrestricted
Funds
£
Restricted
Funds
£
6,911
1,547
8,458
2,000
5,606
7,606
3,604
3,604
578
85,264
Total 2022
£
8,322
968
Special Donations up a lot
9,290
2,000
5,771
7,771
98
Interest quite odd
98
1,451
95,054
98,188
115,347
38,000
38,000
90
4,139
1,399
12,270
17,898
384
1,200
70
1,807
6,566
Insurance up a lot
10,027
Funds Rec:
65,925
391334 Current
306534 CBF
49,422
697868
275,214
275,214
Total 2021
£
88,292
107,960
40,000
40,000
537
4,389
2,121
2,376
9,423
305
3,330
116
2,384
6,895
13,030
62,453
45,507
275,214
45,507
320,721

Independent Examiner's Report

To the PCC of The Parish of St Mary's, Cable Street

The Charities Act 2011 (CA11).

Respective responsibilities of PCC and examiner

received no remuneration for providing this independent examination.

Basis of Report

audit opinion on the accounts. This report is limited to those matters set out in the statement belo

Independent examiner's statement

During my examination, no matter has come to my attention:

Philip Hendry, ACA

30 Vinegar Street London E1W 2QQ