**Charity number: 1171019**
## **St. Barnabas Church Pimlico**
**Annual report and financial statements**
**for the year ended 31 December 2022**
## **St. Barnabas Church Pimlico**
## **Contents**
||**Page**|
|---|---|
|Annual report|**1 - 3**|
|Independent examiner's report|**4**|
|Statement of financial activities|**5**|
|Balance sheet|**6**|
|Notes to the financial statements|**7 - 13**|
## **PCC of St Barnabas’ Church, Pimlico – Annual Report for 2022**
## **Aim and purpose**
The Parochial Church Council (PCC) has the responsibility of cooperating with the Parish Priest in promoting the whole mission of the Church in the parish.
## **Review of the Year**
In 2022, St Barnabas was at last able to go beyond the Coronavirus Pandemic and church life gradually returned to normal. The streaming of services from church using ‘zoom’ continued to be offered for those who could not get to church for Sunday Mass, Thursday evening Compline and Saturday Morning Prayer.
The St Barnabas Patronal Festival took place on 11[th] June with The Reverend Canon Alan Gyle, Vicar of St Paul’s, Knightsbridge, as our guest preacher.
The project to ‘green’ our courtyard with plants, planters and benches continued in 2022 with Fr John’s arrival in the Clergy House and the installation of more pots, planters and saplings from the Woodland Trust for the Queen’s Jubilee.
Fr John continues to lead a weekly service for our parish school, and end of term service. The school and church worked together for Harvest Festival and collected over 50 bags of shopping for the charity “Glass Door”. School services are well attended by parents and school governors, especially the three Christmas Nativity Shows in December 2022.
Our parish school continues to use the Church Hall for its Nursery Class. We continue actively to seek out new users for the Church Hall, such as community groups, tenants’ associations, and other commercial organisations, as Grosvenor require that it remains available for Community use. We have seen an increase in rentals in 2022. Chelsea Canines (dog training classes) continue to be a significant user of the Church Hall on Saturdays. The church is also used by various community groups on occasion and we are a designated Polling Station during elections. Platinum Consort book space in the church very regularly throughout the year.
The Melkite Parish in London, under the leadership of Father Shafiq Abouzayd, continues to use the Church for a weekly service and other activities. The Melkite Parish also use the Church Hall for their family events on Sunday afternoons. The Melkites have been part of the St Barnabas family since 1990. Fr John and Fr Shafiq have continued to work well together.
Early in 2022 the Church Wardens, Parish Priest and Archdeacon, alongside our architect, George
Woodrow met Kevin Rogers, Director of Parish Property at Diocese of London, to discuss how we can move various projects forward (including installation of glass doors at the West End, a new lighting scheme, restoration of internal and external stonework and the South East flat roof and an Organ rebuild).
Administration services are being provided by Daren Pearson-Hicks, who is contracted to work up to 25 hours a month normally, plus a few hours work relating to unlocking/locking and setting up for events in church or the church hall.
Finally, we wish once again to record our thanks to Fr John for his leadership through another challenging year. He continued as Stipendiary Priest in Charge, on an 80% of full-time basis. Although he is paid by the Diocese in the normal way, his stipend and pension contribution is funded by the PCC by specific payments to the Diocese, rather than out of Common Fund contributions, although the PCC also pays a contribution to the Common Fund to cover its share of Diocesan costs. In 2022, as in 2021, the Diocese met his housing costs. To provide the equivalent of a full stipend, Fr John carries out work with schools as a Data Protection Officer with Grow Education Partners Ltd, which is part of the London Diocesan Board for Schools.
## **Financial Report**
The PCC recorded a net surplus of income over expenditure of £3,266 on the general fund in 2022, compared to a surplus of £29,177 in 2021. The accumulated surplus of the fund stood at £63,298 at the end of 2022, up from £60,032 at the end of 2021.
Total general fund income fell from £150,066 in 2021 to £126,614 in 2022. The main reason for this fall was that in 2021 the PCC had received a National Heritage Fund Covid Recovery Grant, of which £17,580 related to the General Fund, and also a grant of £3,500 from Strand Parishes Trust, as well as a £4,000 bonus for switching bank accounts – none of these were, of course, repeated in 2022. At £27,088, giving subject to gift aid in 2022 was almost identical to 2021 (£27,098), but non-Gift Aid giving fell from £12,509 in 2021 to £10,207 in 2022. Within those totals, collection giving (including envelopes) increased markedly, from £3,031 in 2021 to £7,222 in 2022, but still below the 2019 level of £9,569. Income from the Church Hall rose from £50,374 in 2021 to £53,191, whereas income from use of the Church fell from £22,045 in 2021 to £20,645 in 2022, despite an increase in the contribution from the Melkite community, for which we are very grateful.
Total general fund expenditure rose from £120,889 in 2021 to £123,348 in 2022. The main reason for this was that expenditure on the church hall rose from £21,924 in 2021 to £26,253 in 2022.
PCC, the main subjects of discussion at the PCC were:
- the future of the clergy house;
- finance;
- the suspension of the living; and
The purpose of both the designated and the restricted funds is described in Note 14, and income and expenditure for each of the funds is shown in Notes 15 & 16, respectively.
The main income received within the restricted fund during 2022 was donations and associated Gift Aid totalling £25,063 to the Fabric Fund and £2,291 to the Bell Fund. The latter was to install an electric chiming mechanism for the bells, the £2,265 cost of which was the only expenditure incurred by any of the restricted funds in 2022.
## **Reserves Policy**
The PCC’s policy is to maintain a reserve on the general (unrestricted) fund, at a level sufficient to cover the normal running costs of the church for least one month, and, ideally, two months. It is intended that the remaining moneys in the designated funds should be used for the purposes set out in Note 14.
Restricted funds will be used for the purposes specified in Note 14, as required.
## **Risk management policy**
The PCC has considered the major risks which it faces. In its opinion, the PCC has established systems which, under normal conditions, should allow those risks to be mitigated to an acceptable level in its day to day operations.
The main financial risks at present are that:
- St Barnabas School will conclude that the cost of leasing the school hall is unaffordable, given their financial circumstances, and they give notice to terminate their lease, which would necessitate an urgent search by the PCC for alternative tenants, to prevent a severe shortfall in income; and
- urgent and expensive repairs are required to either the church or the church hall, so that the PCC’s funding plan to cover the cost of Fr John’s stipend will prove inadequate.
## **Governance**
The Parochial Church Council (PCC) is a corporate body established by the Church of England. It operates under the Parochial Church Councils (Powers) Measure 1956. The PCC is registered with the Charity Commission under number 1171019.
The PCC met four times during the year, including the formal meeting after the APCM to elect the PCC officers. Aside from the ordinary business of the
- parish activities.
## **PCC Membership**
The Parish Priest, the Churchwardens, the Deanery Synod Representative and the Headteacher of St Barnabas School are ex officio members of the PCC. Other PCC members are elected by the Annual Parochial Church Meeting (APCM) or co-opted by the PCC, in accordance with the Church Representation Rules.
The following served as members of the PCC, and therefore Trustees, during the year and up to the date of this report.
|_Parish Priest_|The Rev’d John Pearson-|
|---|---|
||Hicks_(Chairman)_|
|_Churchwardens_|Jenni Hopkins_(also Lay_|
||_Vice-Chairman)_|
||Selwyn Leamy|
|_Assistant Curate_|The Rev’d Theodora Jejey|
||_(from 3 July)_|
|_Headteacher_|Rachel Jewitt/Lauren Castle|
|_Deanery Synod_|Linda Ulrich_(Secretary)_|
|_members_|Jill Bates|
|_Elected_|John Bates|
|_Members_|Carl Emilien|
||Kate McCarthy|
||Victoria Muir|
||Kris Romanski_(Treasurer)_|
||Vera Roskell|
|_Melkite_|Rania Choueiry|
|_representative_||
## **Standing Committee**
The Standing Committee, which is required by law, comprised the Parish Priest, the two Wardens, the Treasurer and the Secretary. The Committee meets routinely ahead of PCC meetings and otherwise as necessary to transact PCC business between PCC meetings, subject to the directions of the PCC.
## **Church Attendance**
The number at the Electoral Roll at the time of the APCM totalled 81 (82 in the previous year) plus 141 from the Melkite Congregation.
Average Sunday attendance in 2022 at the Sunday Mass was 38 (there were sixteen Sundays with over 40 in attendance). Wednesday Mass attendance
increased from September and currently stands at 6 to 12 (in 2021 it was 5). Attendance for Lent, Easter and Christmas services increased in 2022. On Christmas Eve, 62 people attended the First Mass of Christmas – our usual attendance over the previous 5 years was around 24. Christmas Day attendance has risen from single figures in 2014 to 29 in 2022.
Since the end of the Covid pandemic, we have seen an increased number of baptisms, weddings, memorials and funerals in 2022.
Approximately 120 children and ten staff attended Collective Worship in church each Wednesday. The Melkite Congregation attendance at Mass on Sunday increased significantly with attendance ranging from 60 to 150. On major feast days the attendance is in excess of 200.
## **Safeguarding**
The PCC has complied with its duty under section 5 of the Safeguarding and Clergy Discipline Measure 2016, in relation to having due regard to House of Bishops’ guidance on safeguarding children and vulnerable adults. Linda Ulrich is the Safeguarding Officer for the Parish and Kate McCarthy is the Children’s Champion.
## **Statement of the Trustees’ responsibilities**
As Trustees, the members of the PCC are responsible for preparing the PCC Annual Report and the Statement of Financial Activities in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
Law applicable to charities in England and Wales requires the PCC’s Trustees to prepare financial statements for each financial year which give a true and fair view of the charity and of the incoming resources and application of resources of the charity for that year. In preparing these financial statements, the PCC’s officers are required to:
- select suitable accounting policies and then apply them consistently;
- observe the methods and principles in the Charities SORP;
- make judgements and estimates that are reasonable and prudent;
- state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements; and
- prepare the financial statements on the going concern basis, unless it is inappropriate to presume that the charity will continue in operation.
The Trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011.
The Trustees are also responsible for safeguarding the assets of the PCC and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
## **Administrative information**
Church address St. Barnabas Street London SW1W 8PF Independent Philip Gambrill FCCA Examiner PG Lemon LLP Chartered Certified Accountants 134 High Street Hythe Kent CT21 5LB Bankers TSB Bank London West End Branch PO Box 373 Leeds LS14 9CG CCLA Investment Management Limited One Angel Lane London EC4R 3AB
This report was approved by the PCC on 5 May 2023 and signed on its behalf by
**The Rev’d John Pearson-Hicks Chairman**
## **St. Barnabas Church Pimlico**
## **Independent examiner's report to the trustees on the unaudited financial statements of St. Barnabas Church Pimlico.**
I report on the accounts of St. Barnabas Church Pimlico for the year ended 31 December 2022 set out on pages 1 to 13.
## **Respective responsibilities of trustees and independent examiner**
As the charity's trustees you are responsible for the preparation of the accounts, you consider that the audit requirement of section 144(2) of the Charities Act 2011 (the 2011 Act) do not apply and that an independent examination is needed. It is my responsibility to examine the accounts under section 145 of the 2011 Act; to follow the procedures laid down in the General Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act; and to state whether particular matters have come to my attention.
## **Basis of 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 you as trustees concerning any 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:
(i) which gives me reasonable cause to believe that in any material respect the requirements:
- to keep proper 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
- (ii) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
**Philip Gambrill FCCA Chartered Certified Accountant Independent examiner PG Lemon LLP 134 High Street Hythe Kent CT21 5LB**
**Page 4**
## **St. Barnabas Church Pimlico**
## **Statement of financial activities**
## **For the year ended 31 December 2022**
|**Unrestricted**
**Restricted**
**funds**
**funds**
**Notes**
**£**
**£**
**Income and endowments**
Voluntary income
2
50,630
27,389
Activities for generating funds
3
73,963
29
Investment income
4
883
330
Church activities
5
1,124
-
Other income
6
184
842
**Total income**
126,784
28,590
**Expenditure**
Church activities
7
95,883
2,265
Raising funds
8
27,465
-
**Total expenditure**
123,348
2,265
**Net income**
3,436
26,325
Total funds brought forward
73,921
24,777
**Total funds carried forward**
77,357
51,102|**2022**
**Total**
**£**
78,019
73,992
1,213
1,124
1,026
155,374
98,148
27,465
125,613
29,761
98,698
128,459|**2021**
**Total**
**£**
50,501
73,809
118
555
30,321|
|---|---|---|
|||155,304|
|||109,849
24,951|
|||134,800|
|||20,504
78,194|
|||98,698|
**The notes on pages 7 to 13 form an integral part of these financial statements.**
**Page 5**
## **St. Barnabas Church Pimlico**
## **Balance sheet as at 31 December 2022**
|**Notes**
**Current assets**
Debtors
11
Short term deposits
12
Cash at bank and in hand
**Creditors: amounts falling**
**due within one year**
13
**Net current assets**
**Net assets**
**Funds**
14 - 17
Restricted income funds
Unrestricted income funds
**Total funds**|**2022**
**£**
**£**
20,993
113,947
7,250
142,190
)
(13,731
128,459
128,459
51,102
77,357
128,459|**2021**
**£**
**£**
15,409
102,872
6,229
124,510
)
(25,812
98,698
98,698
24,777
73,921
98,698|**2021**
**£**
**£**
15,409
102,872
6,229
124,510
)
(25,812
98,698
98,698
24,777
73,921
98,698|
|---|---|---|---|
||||98,698|
||||24,777
73,921|
||||98,698|
The financial statements were approved by the trustees on .................................................................... and signed on its behalf by
**The Revd John Pearson-Hicks Kris Romanski Chairman Treasurer**
**The notes on pages 7 to 13 form an integral part of these financial statements.**
**Page 6**
## **St. Barnabas Church Pimlico**
## **Notes to financial statements for the year ended 31 December 2022**
## **1. Accounting policies**
The principal accounting policies are summarised below.
## **1.1. Basis of accounting**
The financial statements are prepared under the historical cost convention and in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014 and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011.
St Barnabas Church, Pimlico, Parochial Church Council (the PCC) constitutes a public benefit entity as defined by FRS 102.
The trustees consider that there are no material uncertainties about the PCC's ability to continue as a going concern.
## **1.2. Fund accounting**
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. Restricted funds represent donations or grants received for a specific object.
The accounts 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.
## **1.3. Incoming recognition**
Collections and planned giving are recognised when received by or on behalf of the PCC. Planned giving receivable under gift aid is recognised only when received.
Income tax recoverable on gift aid donations is recognised when the income is recognised. Other donations, including candle box donations, are recognised when received
Income from letting of the church and church hall and the use of premises is recognised when the rental is due. Other income is generally recognised when it is received.
## **1.4. Expenditure**
Expenditure is generally recognised on an accrual basis as a liability is incurred.
## **1.5. Leasing**
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
**Page 7**
## **St. Barnabas Church Pimlico**
## **Notes to financial statements for the year ended 31 December 2022**
## **2. Voluntary income**
|**Unrestricted**
**Restricted**
**funds**
**funds**
**£**
**£**
Planned and other giving subject to Gift Aid
27,088
20,911
Gift Aid recoverable
6,772
5,229
Planned and other giving not subject to Gift Aid
10,207
1,229
Votive candles
848
-
Collections at services
4,297
-
GASDS top up payments
1,418
20
50,630
27,389|**2022**
**Total**
**£**
47,999
12,001
11,436
848
4,297
1,438
78,019|**2021**
**Total**
**£**
27,283
6,806
12,909
1,002
1,645
856|
|---|---|---|
|||50,501|
**3. Activities for generating funds**
|**Unrestricted**
**Restricted**
**funds**
**funds**
**£**
**£**
Use of church
20,645
-
Church hall
53,191
-
Miscellaneous sales
127
29
73,963
29|**2022**
**Total**
**£**
20,645
53,191
156
73,992|**2021**
**Total**
**£**
22,740
50,374
695|
|---|---|---|
|||73,809|
**4. Investment income**
||**Unrestricted**|**Restricted**|**2022**|**2021**|
|---|---|---|---|---|
||**funds**|**funds**|**Total**|**Total**|
||**£**|**£**|**£**|**£**|
|Ordinary bank deposit interest|132|6|138|93|
|Other deposit interest|751|324|1,075|25|
||883|330|1,213|118|
## **5. Church activities**
|**Unrestricted**
**funds**
**£**
Other income from charitable activities
1,124
1,124|**2022**
**Total**
**£**
1,124
1,124|**2021**
**Total**
**£**
555|
|---|---|---|
|||555|
**Page 8**
## **St. Barnabas Church Pimlico**
## **Notes to financial statements for the year ended 31 December 2022**
|**6.**
**Other income**
**Unrestricted**
**Restricted**
**funds**
**funds**
**£**
**£**
LPOW VAT grant
4
)
(1,378
Other grants
180
2,220
Other income
-
-
184
842
**7.**
**Church activities**
**Unrestricted**
**Restricted**
**funds**
**funds**
**£**
**£**
Missionary and charitable giving donations
-
-
Ministry: Diocesan Common Fund
28,650
-
Other ministry costs
33,321
-
Church running and maintenance
24,607
2,265
Upkeep of services
5,458
-
Office expenses, including parish administrator
3,847
-
Bank charges
-
-
95,883
2,265
**8.**
**Raising funds**
**Unrestricted**
**funds**
**£**
Church hall
26,253
Other fund raising costs
1,212
27,465|**2022**
**Total**
**£**
)
(1,374
2,400
-
1,026
**2022**
**Total**
**£**
-
28,650
33,321
26,872
5,458
3,847
-
98,148
**2022**
**Total**
**£**
26,253
1,212
27,465|**2021**
**Total**
**£**
2,790
23,528
4,003|
|---|---|---|
|||30,321|
|||**2021**
**Total**
**£**
223
29,500
32,742
35,074
6,977
5,242
90|
|||109,848|
|||**2021**
**Total**
**£**
21,924
3,027|
|||24,951|
**Page 9**
## **St. Barnabas Church Pimlico**
## **Notes to financial statements for the year ended 31 December 2022**
## **9. Analysis of expenditure including allocation of support costs**
The support costs have been allocated in their entirety to the unrestricted expenditure (church running and maintenance).
||**Direct**|**Support**|**2022**|**2021**|
|---|---|---|---|---|
||**costs**|**costs**|**Total**|**Total**|
||**£**|**£**|**£**|**£**|
|Church running and maintenance|23,287|1,320|24,607|35,074|
||23,287|1,320|24,607|35,074|
|Independent examiner's remuneration|||1,320|1,100|
## **10. Staff costs**
||**2022**|**2021**|
|---|---|---|
||**£**|**£**|
|Salaries of lay staff|3,480|3,140|
During the year, the PCC employed a part time Organist. His earnings were below the threshold for employer NICs.
## **Payments to PCC members**
Fr John Pearson-Hicks received £425 expenses in 2022 (£549 in 2021); a small, immaterial part of these may have related to his duties as PCC chairman.
In addition, the PCC paid £32,180 to the diocese in 2022 to cover the cost of his 80% stipend; in 2021 the amount paid was £31,290. No other PCC member received any expenses or remuneration from the PCC in 2022 or 2021.
**Page 10**
## **St. Barnabas Church Pimlico**
## **Notes to financial statements for the year ended 31 December 2022**
## **Other financial arrangements involving PCC members**
St Barnabas School and St Barnabas PCC share common Trustees. Fr John Pearson-Hicks is ex officio both the Chair of the PCC and also a Governor of the School, being Vice-Chair of Governors. Kate McCarthy, Chair of School Governors, is also a member of St Barnabas PCC. The Revd Theodora Jejey is ex officio a member of the St Barnabas PCC and has been PCC-appointed School Governor since 7 September 2022. They all only vote on issues which affect both PCC and school at the primary body to which they belong.
In 2012, St Barnabas School started using St Barnabas Church for Collective Worship every morning, although it was unable to do so from March 2020 until September 2021, because of the lockdown and other subsequent restrictions in response to the Coronavirus Pandemic. This is entirely within the PCC's objectives for greater use of the church, and in 2021 the PCC decided to cease asking for any financial contribution from the School in respect of this use of the church.
St Barnabas School has used the church choir vestry under licence under a long-standing arrangement, latterly as the school office. With effect from Christmas 2021, the School decided that it no longer wished to use the choir vestry, as the school office had been relocated. The choir vestry has been turned into an office for Fr John. The gas and electricity used by the choir vestry still comes via the School's meters, but the School has decided not to make any charge to the PCC in respect of such use.
St Barnabas School has leased the Church Hall since July 2018. Alterations to the building, particularly a new entrance from the school playground side, were required before the School could use the building for the intended purpose of running nursery classes during the school day. The school started using the hall for its nursery class from 25 March 2019. The rent was initially set at the rate of £10,000 per quarter; the rent in 2022 was £11,287 per quarter for the first three quarters and £11,570 for the fourth quarter. (the fourth quarter rent was originally set at £12,676, an increase in line with the RPI, as envisaged in the lease. But, as the reception class, which uses the hall, is not full for 2022/23, the RPI increase caused the School financial concerns, so the PCC agreed to limit the increase to 2.5%, the minimum increase envisaged by the lease).
|**11.**
**Debtors**
Income tax recoverable
Other debtors
Prepayments and accrued income
**12.**
**Short term deposits**
TSB Deposit Account
CBF deposit account||**2022**
**£**
5,517
5,704
9,772
20,993
**2022**
**£**
30,000
83,947
113,947||**2021**
**£**
1,342
4,919
9,148
15,409
**2021**
**£**
100,000
2,872|
|---|---|---|---|---|
||||||
||||||
|||||102,872|
**Page 11**
## **St. Barnabas Church Pimlico**
## **Notes to financial statements for the year ended 31 December 2022**
## **13. Creditors: amounts falling due**
|**Creditors: amounts falling due**|||
|---|---|---|
|**within one year**
Sundry creditors
Rent received in advance
Accruals and deferred income|**2022**
**£**
8,382
3,746
1,603
13,731|**2021**
**£**
13,125
11,287
1,400|
|||25,812|
## **14. Funds**
## Restricted funds:
Organ Fund - Funds raised for a major restoration of the organ.
Bell Fund - For the maintenance and restoration of the bells.
Special Collection Fund - Funds raised for outside charitable objects.
Fabric Fund - For repair or improvement works on the fabric of the church.
Garden Fund - Funds raised to create a green meeting space in the Church courtyard.
## Designated funds:
Sacristy Fund - Fund arising out of the payment of an insurance claim for flood damage in the sacristy, to be used to purchase new altar frontals and vestments.
Albert Mayers Memorial fund - Fund to pay for the restoration of the two holy water stoups as a memorial to a long-standing parishioner.
## **15. Unrestricted funds**
|**Unrestricted funds**|||||
|---|---|---|---|---|
||**At**|**Incoming**|**Outgoing**|**At**|
||**01/01/22**|**resources**|**resources**|**31/12/22**|
||**£**|**£**|**£**|**£**|
|General fund|60,032|126,614|)
(123,348|63,298|
|Sacristy fund (Designated)|12,792|170|-|12,962|
|Albert Mayers Memorial fund (Designated)|1,097|-|-|1,097|
||73,921|126,784|)
(123,348|77,357|
**Page 12**
## **St. Barnabas Church Pimlico**
## **Notes to financial statements for the year ended 31 December 2022**
## **16. Restricted funds**
|**Restricted funds**|||||
|---|---|---|---|---|
||**At**|**Incoming**|**Outgoing**|**At**|
||**01/01/22**|**resources**|**resources**|**31/12/22**|
||**£**|**£**|**£**|**£**|
|Organ fund|1,999|62|-|2,061|
|Bell fund|280|2,578|)
(2,265|593|
|Special collections|1|-|-|1|
|Fabric fund|18,613|25,950|-|44,563|
|Garden fund|3,884|-|-|3,884|
||24,777|28,590|)
(2,265|51,102|
## **17. Analysis of net assets between funds**
|**Unrestricted**
**Restricted**
**funds**
**funds**
**£**
**£**
Fund balances at 31 December 2022 as represented by:
Current assets
91,088
51,102
Current liabilities
)
(13,731
-
77,357
51,102|**Total**
**funds**
**£**
142,190
)
(13,731
128,459|
|---|---|
## **18. Related party transactions**
There are two small grant-making Trusts which are related parties to the PCC, because currently all their Trustees are PCC members. These are the Rumsey Charity, whose object is to benefit poor children in the parishes of St Barnabas and St Mary's, Bourne Street, and the Home Purvis Charity, whose object is to provide items, services and facilities for the pupils of St. Barnabas' School which are not normally provided from another source. The PCC did not request a grant from either Trust in 2022, and none was made. In 2021, the Rumsey Charity made a grant of £228 to St Barnabas PCC to cover the cost of the PCC's contributions to cost of schools in the local deanery for 2020/21. The Home Purvis Charity did not make a grant in 2021.
Daren Pearson-Hicks, Fr John's partner, provides administration services to the PCC. The number of hours that he works and the work he performs are carefully monitored by the Churchwardens every month, and one of them always authorises payment of his invoices.
Members of the PCC and their close relatives donated £19,252 in Gift Aid envelopes or by cheque or BACS transfer in 2022 (£20,009 in 2021). As is customary, and in common with other PCCs, details of any such further donations by PCC members and their close relatives of loose cash on the collection plate or candle donation boxes will not be known. Consequently, it is not possible to disclose the extent of any further donations of this nature but these are considered by the Trustees to be de minimis.
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