THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. CATHERINE'S
HATCHAM
Known as: St Catherlne's Hatcham. PCC
Charity number.. 1172843
REPORT AND UNAUDITED ACCOUNTS
for the year ended
31 December 2022
FIELD SULLIVAN LIMITED
CHARTERED ACCOUNTANTS
9 Hare & Billet Road
London
SE3 OR8

The Parochial Church Councll of The Eccleslastlcal Parish of St. Catherine's Hatcham
Status:
The Parochial Church Councll is a corporate body establlshed
by the Church of England. The PCC operates under the
Parochlal Church Council Powers Measure.
Incumbent:
Revd Sheridan James Chairman
Address:
102A Pepys Road
London
SE14 5SG
PCC members:
Revd Sheridan James IChalr/Vicarl
Revd lane Elliot (Assistant Priestl
Lesley Marshall IPCC Member/Readerl
Gerard O'Donoghue IPCC MemberlTreasurerl, Iresigned November 20221
Jeremy Palmer (Treasurer), (appointed November 20221
Jake Nicholls IPCC Secretary)
Stephanie Manson IPCC Member/Church Warden)
Steve Tomkins IPCC Memberlchurch Warden)
Marshall Manson IPCC MembÈr/Deanery Synod)
Michelle Lundie IPCC MemberlDeanery Synodl
Katharine Robb IPCC Member/Deanery Synod)
Clarre Thomas IPCC MemberlLay Chalrl
John (Ben) Robb IPCC Member)
Jocklyn Awoonor Gordon IPCC Memberl
Camilla Kennedy Harper IPCC Member)
Beverly Blake-walker IPCC Member)
Joanna Jarman IPCC Member)
Olumide Maborukoje IPCC MembeTI, (resigned May 20221
Sunday Jacobs IPCC Member), Iresigned May 20221
Premlata Samuel IPCC Member), (appointed May 20221
Peter Ryan IPCC Member), lappointed May 20221
Independent examiner:
Field Sullivan Limited
Chartered Accountant5
9 Hare & Billet Road
London
SE3 ORB
Bankers:
SantandeT UK PIC
2 Triton Square
Regent's Place
Page I

The Parochlal Church Countll of The Eccle51astical Parish of St. Catherine's Hatcham
Report of the Parochial Church Councll
for the year ended
31 December 2022
Report of the Parochial Church Council for the year ended 31 December 2022.
Structure. Governance and Management
The Parochial Church Council is a corporate body established by the Churth of EnBland. The PCC operates
under the Parochlal Church Council Powers Measure11956135 amended and church representation rule5
that came into force on 2 January 1957.
The method of appoSntment of PCC members is set out in the Church Representatlon Rules. At St Catherine's the
membershlp of the PCC consists of the Incumbent lour vicarl, churchwardens, Treasurer and members elected bv
those members of the congregation who are on the electoral roll of the Church. The PCC members are
responsible for making decisions on all matters to do with the mission and ministry of the church and the
maintenance of the building, working alongside the Vicar, including decidlng on how the funds are to be
spent.
The members of the PCC, all of whom have Served from l January 2022 lo the dale of this report were approved
lexcept where noted) as set out in page l.
Alm and purposes
St Catherine's Parochial Church CouAcII IPCCI has the responsibility of cooperating with the incumbent, the
Reverend Sheridan James, in promoting in the ecclesiastical parish, the mission of the Church, pastoral,
evangelistic, social and ecumenical.
The PCC Is also legally responsible for ensuring the maintenance and management of the Telegraph Hill
Centre, which is managed on a day-to-day basis by the Centre Staff and by a sub-group of the PCC, the
Telegraph Hill Centre Steering Group.
Oblectlves and Activltles
St. Catherlne's Mlsslon Statement
We are here to:
love God
follow Jesus
respond to the Holy Spirit
serve and love our neighbour
share the good news of Jesus Chrlst with all
St. Catherine's MAP Asplratlons are to:
Deepen Discipleship
Enrich Worship
Strengthen the church community
Be innovative in our outreach
Page 2

The Parochial Church Council of The Ecclesiastical Parish of St. Catherine's Hatcham
Report of the Parochial Church Council
for the year ended
31 December 2022
St Catherine's work5 hard to maintaln a Ilvely and enriching spiritual Ilfe for the thrlving congreEation. Thls
conslsts of:
Worship.. Sunday worship18am first Sunday of the month and weekly Ioaml, mid-week services (Dally
Mornlng Prayer and weekly mid-week EucharI5tl.
Outreach: Worklng alongslde our partnershlp organlsatlons.. Telegraph Hill Centre. Telegraph Hill Festivul
and the Telegrt7ph Hill Ploygroup to provide space for all kinds of cultural and community events at the
church and within the parish. Through the Centre Ito whom we give a Community Development Fund of
£25K pal we provide a space for exercise classes, therapists, varlous support groups e.g. mental health,
groups for parents/carers and their children, activities for older people (Branching Outl and a pre and
after school club. We also support a Women Only Conversation and Friendship Groupi which runs durlng
term time to provlde free English classes to refugees, asylum seekers and other foreign nationals who
need to develop their English language skills. And a space for musicians and choirs to rehearse durlng the
week
D55clple5hlp,' During the course of the year we provide small groups and one-off events to deepen the
discipleship of the congregation.
Pastoral care- We provide pastoral tare for around 25 people who are housebound or sick. as well as
preparation for marriage and baptism, and care for bereaved families.
Soclal Justlce- We are committed to supporting our ESOL classes, our weekly club for older people
(Branching Outl and to engaging with issues around systemic racism to become an anti-racist churth. We
are also engaging with climate justice and the environment at a spiritual and pragmatic level.
Thls year we were stlll in a period of recovery from the impact of the global pandemic. Thankfully there
were no more lockdowns and we operated as normal every Sundayi but with a reduction in attendance,
which is the experience of almost all churches at the moment. In October 2022 we achieved our Bronze level
Eco Church Award for our tommltment to the envlronment and cllmate lustice.
In November 2021 we employed a Pastoral Assistant and Administrator and he continues to work for us In a
full-time capacity.
Ple35e see the APCM report 2022-2023 for full details of our work.
Public Beneflt
When planning our actlvitles for the year, we have considered the Commission's guidance on public benefit
and, in particular, the supplementary guldance on charlties for the advancement of religion. In particular, we
try to enable ordinary people to live out their faith as part of our parish community through..
Worship and prayer,. learning about the Gospel. and developlng their knowledge and trust in Jesus.
Provision of pastoral care for people living in the parish.
Mission and outreach work.
Page 3

The Parochial Church Council of The Eccle5ia5tical Parish of St. Catherine's Hatcham
Report of the Parochial Church Council
for the year ended
31 December 2022
To facilitate this work it is Important that we maintain the fabric of the Church of St. Catherine's and the
Telegraph Hill Centre.
PCC Achlevement and Performahce
The activltles of the Church community during the year are set out in the PCC report Ipublished separatelyl
to the Annual Parochial Church Meetlng (the "APCM'I.
Financial review of Jan 22-Dec 22
Treasurer's Report
Financially this period has been a transltion for St Catherine's Church from life with COVID-19 to one of
emergingto 3 new world.
Budgeted Income for 2022 - £191.800 (excluding Telegraph Hill Centrel
Budgeted Expenditure for 2022- £192,110 lexcluding Telegraph Hill Centrel
Stewardship and giving from the congregation remalned high, despite a drop in numbers, approx,
£40,000
All our tenants continued to pay their rent in full and on time
Our hirers have returned to church le.g. MKC, My cool singers)
Our Gift Aid claim helped to boost our income by another £10,000 approximatelv.
Our bank balance, on 31 December 2022 stood at £117,823.
There were no malor capital expenditure projects in 2022.
Expenditure in terms of bullding repalrs, general overheads cost5 remained typlcal. We maintained our
Parish Support Fund at £60K for the second year running due to the Covid losses of 2020-2022. However,
we are still moving towards being self-financing (target is £84KI and wlll seek to Increase it in 2024. The
Community Development Fund to the Telegraph Hlll Centre remalns £25K.
Reserves
It is PCC policy to try to maintain a balance on unrestrlcted fund which equates to at least three months
unrestricted payments. This is equivalent to £35K. It is held to smooth out fluctuation5 in cash flow and to
meet emergencies. We have met this target.
We a150 have £10,000 in deposit money from tenants.
All our cash is held in one bank account.
Gerard O'Donoghue handed over the Treasurer role to Jeremy Palmer at the end of 2022 and the PCC
records its appreciation of Gerard's work over manv vears.
Page 4

The Parothial Church Council of The Eccleslastical Parlsh of St. Catherine's Hatcham
Report of the Parochial Church Councll
for the year ended
31 December 2022
Future capital works 2022.2025
Over the next 3 years we will spend approxlmately £IOOK on New PA1£25KI,' improve the inside decoration
I£IOKII,. fixing the boundary wall which wlll cost between £50K-£IOOK. The thurch will have to pay for at
least half of this work. Grants wlll be sought for the remainder. Some fundraising will a150 take place. £33K of
our current account Is Set aside to engage with these works.
Rlsk assessment and Safeguarding
The PCC regularly identifies and reviews major risks facing the charity and have put measures in place to
mitigate them. The PCC follow Euidelines for Safeguarding and Risk Assessment laid down by the Diocese of
Southwark, including all Covid regulations.
Volunteers
We would like to thank all the volunteers who work so hard to make our church the lively and vibrant
community it is. In particular we want to mention our churchwardens Stephanie Manson and Stephen
Tomklns who have worked so tirele551y on our behalf.
Administratlve Infoymatlon
St Catherine'5 Church sits on the top of Telegraph Hill, at the lunctlon of Kltto and Pepys Road. It IS Part of
the Deptford Deanery and is part of the Diocese of Southwark within the Church of England. The
correspondence address is The Vicarage, 102a Pepys Road, London, SE14 5SG. The PCC is a body corporate
IPCC Powers Measure 1956, Church Representation Rules 20061 and since 2016 3 charity in its own right.
The charitable status and charity number covers all the PCC activities and their various subcommlttees (the
PCC, the THC Group and the TH Playgroupl.
Page S

The Parochial Church Councll of The Ecclesiastlcal Parish of St. Catherlne's Hatcham
Report of the Parochial Church Councll
for the year ended
31 December 2022
Statement of PCC members, responslbllltles
The PCC members, as charity trustees, are responsible for preparlng the Annual Report and financial statement5
in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally
Accepted Accounting PractScel.
The law appllcable to charitles In England and Wales requires the trustees to prepare financial statements for
each financial year which give a true and falr view of the State of affalrs of the charity and the Incomlng
resources and application of resources of the charity for that period. In preparing those financial statements, the
trustees are requlred to..
al select sultable accountlng pollcies and apply them consistently,.
bl observe the method5 and principles In the Charlties SORP.
cl make judgments and estimates that are reasonable and prudent,.
dl State whether applicable accounting standards and statements of recommended practice have been followed,
subject to any departures disclosed and expSained in the financlal Statements;
el prepare the financial statements on the going concern basis unless it is inappropriate to presume that the
Charlty will continue in operation.
The trustees are responslble for keeping proper accounting record5 that disclose with rea50n3ble accuracy at any
time the financial position of the charity, and which ènable them to ensure that the financial statements complv
with the Charities Act 2011 and the Church Accounting Regulations 2006. They are a150 responsible for
safeguarding the a5set5 of the charity and hence for taking reasonable steps for the prevention and detection of
fraud and other irregularities.
Thls report was approved by the PCC and 518ned on its behalf.
On behalf of the PCC on
Stephanie Man50n
Churchwarden 3nd PCC Chalr
eremy P
CCTr
Imer
surer
Page 6

The Parochial Church Councll of The E¢¢leslastl¢al Parlsh of St. Catherine's Hatcham
Independent Examinerfs Report lo the Trustee5 of The Parorhial Church Counc51 of The Eccleslastlcal Parlsh of St.
Catherlne's, Hatcham
I report to the trustees on my examlnatlon of the finahclal statements of The Parochial Church Council of St Catherine,
Hatcham I'the charlty'l for the year ended 31 December 2022 whlch comprise the Statement of Financlal Actlvltles, the
Balance Sheet and related notes.
Thls report is made solely to the charSty's trustees, as a body, in accordance with 5ectlon 145 of the Charities Act 2011. Mv
work has been undertaken so that I might state to the charlty's trustees those matters l am requlred to state to them In thls
report and for no other purpose. To the fullest extent permStted by law, I do not accept or assume responsibility to anyone
other than the charity and the chariws trustees as a body, for my work, for this report, or for the opinions I have formed.
Re5pon55bllltle5 and basls of report
As the trustees of the charitv vou are responsible for the preparation of the flnanclal 5tatement5 in accordance wSth the
requirements of the Chalities Act 20111'the Act'l.
I report in respect of my examln3tlon Of the charity's financial statements carried out under settion 145 of the Act and in
carrying out my examination I have followed all the applicable Dlrections glven by the Charlty CommI5slon under Section
14515llbl of the Act.
An independent examination does not involve gatherlng all the evldence that would be required in an audit ancl
consequently does not cover all the matters that an auditor considers in giving their opinion on the finantial statemènts.
The planning and conduct c*f an audit goes beyond the limlted assurance that an Independent examination can provlde.
Consequently l express no oplnlon as to whether the fln3ncial statements present a 'true and fairf view and my report is
Ilmlted to those specific matters set out in the independent examiner's statement.
Independent examlnees statement
Since the church's gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the
2011.1 confirm that l am qualified to undertake the examlnation because l am a member of ICAEW which is one of the
Ilsted bodles.
I have completed my examination. I confirm that no materlal matter5 have come to my attention in connection wlth the
examlnatlon glving me cause to believe that in any material respect..
accounting ¥ecords were not kept in respect of the charlty as requlred by sectlon 130 of the Act,. or
the financlal statements do not accord wlth those records,. or
the financial statements do not comply with the applicable requirements Concerning the form and content of accounts
set out in the Charitles IA£counts and Reports) Re8ulations 2008 other than any requiremenl that the accounts give a 'true
and fair vlew whlch Is not a matter considered as part of an independent examination.
I have no toneerns and have come acr055 no other matters In connection with the examination to which attention should
be drawn In this report in order to enable a proper understanding of the financial statements to be reached.
1*1612S
Kirsty Nicholls ACA
FSeld Sullivan Limlted
Chartered Accountant5
9 Hare & Blllet Road
london, SE3 ORB
Date
Page 7

rochlal Church Cc•uncll of The Eccleslastlcal Parish of St. Catherlne'$ Hatcham
5tateThent of FlnancI31 ActIv￿leS
for IhÈ yearended
31 December 2022
Total
Funds
20I2
TotBI
Funds
2021
Restrlcted
Fund5
Unresirl¢ted
Fund5
Restiltted
Fund5
Unrestsirted
Funds
Note
Intome ond Endowmenis from..
Donèrions and legacles
72,953
205.198
22
72.953
205,398
22
B19
3,649
52.(183
59,611
104,950
63.260
157.033
Investments
819
1,036
1.036
Totulh)comlngresourte$
279.192
279,192
55,733
165,597
221,330
ExpendY(ureon:
tharltable actlvltles
310,137
310,137
117.952
119,827
237.779
TotolresotM¢es expended
310,137
310,137
117.952
119.827
237.779
NetRaIn￿(lo$sesI on Invesrments
Netlncome/lexpendltureJ
130.9451
130,9451
162,2191
45,770
116,45Ql
Transfers between funds
7,360
17.3601
32.565
132,5651
Neimovement Infvnds
7.360
138,3051
130.9451
129,6541
13.205
116,4501
Reconcillatlon olfunds
Total funds brought forward
rotollunds ¢uiiledfvrwurd
I,iio
8.470
172.356
134,051
173,466
142,521
30,764
I,iio
159,151
172,356
189,915
173.466
13
Page 8

The Parochlal Church Councll of The Ecclesiastical Parish of St. Catherine's Hatcham
Balance sheet
s at
31 Detember 2022
Note
2022
2021
Fixed assets
Tanglble a55ets
1,548
1,548
2,064
2,064
Current assets
Debtors
Cash at bank and in hand
Totol current assets
io
33,959
146,471
180,430
34,740
161,007
195,747
Credltors: amounts fallln8 due
wlthln one year
li
139,4571
124,3451
Net current U55ets
140,973
171,402
Total assets less curY¢nt Ilabilitles
142,521
173,466
Net assets
12
142,521
173,466
The funds of the charlty:
Restricted funds
UnrestrScted funds-.
De5ign3ted
Gener31 fund
Total unrestrlcted funds
2,453
I,iio
33,535
106,533
33,535
138,821
140,068
172,356
Total Chorltyfvnds
13
142,521
173,466
These financial statements were approved by the PCC and signed on Its behalf by..
Step
anie Manson-
ur¢hwarden and PCC Chalr
le
yPal
r- Treasurer
Date..
Date..
() 2623
Pago 9

The Parochlal Church Council of The Ecclesia5tlcal Parish of St. Catherlne's Hatcham
Notes to the aeeounts
lor the year ended
31 December 2022
l Accountlng pollclès
The prlntipal accountlllg policies are 5ummarised below. The accounting policies have been applied
tonsSstently throughout the year and in the preceding year.
lil Staluto
Information
The charlty Is a church with no share capital, and domlciliateed in England and Wales.
The address of the prlncSpal office 15 102A Pepys Road, Lot)don, SE14 55G.
The financial statements ale prepared in sterlln& which is the funttSonal Cufrency ol the church.
Monetary amounts In this financial statements are rounded to the nearest pound.
1111 8a5is of accountin
The flnancial statements have been prepared under the historical cost convention, Companies A¢t
2006, CharStie5 Act 2011 and the Charities Statement of Recommended Practlce IFR51021. The
church meets the definition of a public beneflt entity under FRSIO2.
The financial statements inelude amounts in respect of the Telegraph Hill Centre Group. ThE Group manage5
the Telegraph Hlll Centre adloinirg the church premises and is a sub-group of the PCC. Accordingly, and on the
recommendation of the Diocesan finance offlce, thelr accounts have been incorporated into the PCC accounts.
Goln
concern
These financial statements are prepared on the going concern basls. The board members have a reasonable
expetratlon that the church will contlnue in operational existence for the foreseeable future, and are not aware
of any materlal uncertainties which may cause doubt on the church's ability to continue as a going concern.
15111 Fund aecountin
General funds represent the lunds of the PCC that are not subject to any restrlctions regarding their use and
are available for application on the general purposes of the PCC. Fund5 designated for a partlcular purpose bv
the PCC are also unrestricted.
Re5trlcted funds are those funds that must be spent on re5trirted purposes and detalls of the funds held and
restrictlons are provided in the notes.
The flnancial statements include all transactions, assets and liabilitlès for which the PCC is responsible In law.
They do not Snclude the financial ststements of church group5 that owe their main afflliatlon to another body,
nor those that are informal gatherings of church members. The accourhts of the Telegraph Hill Centre Group
are incorporated as part of the Ilnancial statements. A summary of the Group'5 accounts Is InclLtded at note 16.
livl Intomln
resource5
All Incoming resources are included In the statement of financial actlvities when the PCC is entitled to the
income and the amount can be quantifSed with Teasonable accuracy. The followlng specillc policie5 are applied
to particular categories of income..
Collectlons are recognlsed when recelved by or on behalf of the PCC
Planned giving receivable under Glft Aid Is recognised ornly when recelved. Tax recoverable on Glft Ald
donatlons Is recognlsed when the donatlon Is recognlsed.
Pagè 10

The Parochlal Church Counc51 of The Eccle51a5tlcal Parish of St. Catherlne'5 Halcham
Notes to the accounts
for the year ended
31 December 2022
ncomin
contSnued
Grants and legacies to the PCC are accounted for as soon as the PCC Is notified of Its legal entltlement,
the amount due Is quantifiable and its ultlmate receipt by the PCC is reasonably certain.
Donated services and facllitie5 are included at the value to the charlty where thls Can bè quantifled.
The value of servlce5 provided by volunteers ha5 not been included In these accounts.
Income from fundraSslng activities is accounted for gr05S.
Rental Inctsme from letting of premlses Is recognised when the rental 15 dtje.
Investment income is Included when recelvable.
Rea115ed galns and losses on Investments are recognlsed when the investments are sold. UnrealFsed 8ains
and losses are accounted for on revaluatlon of investments at 31 December each year.
resources
Iv) Resources ex ended
Expendlture is accounted for on an accrual basis as a liability Is incurred. Expenditure includes any VAT which
cannot be fully recovered, and Is reporled as part of the expendlture to whlch It relates.
Cost5 of 8eneiatlnB funds comprise the costs assoclated with fundraising events.
Charltable expendlture comprises those cost5 incurred by the charity the delivery of Its aetlvities and
services for its beneflciaries. It includes both costs that can be allocated directly to such actlvlties and those
costs of an Indlrect nature necessary to support them.
Grants and donatlons are accounted for when pald over, or when awarded, If that award creates a binding
obllgation on the PCC.
The diocesan par15h share is accounted for when due. Any parlsh share unpald at 31 December is provided
for In these financial statement5 a5 an operational (though not a legall liability and is shown as a creditor
In the balance sheet.
Ivil Flxed as5et5
Consecrated property and moveable church furn15hlngs
Consecrated and benefSced property of any kind Is excluded from the accounts by $9612la Charities Act 1993.
No value Is placed on moveable church furnishings held by the thurchwarden5 on special trust for the PCC
which require a faculty for disposal.
All expenditure Incurred durlng the year on consecrated or benefice buildings and movable church
furhishSn8s, whether malntenance or Smprovement, Is wrltten off.
Other tangible Ilxed assets are stated at cost less accumulated depreciation. Depreclation is provided at
rates calculated to write off the cost of each asset over its expected usefu5 Ilfe. The rates used are as follows:
flxtures, fittings and equipments
25% Reducing balance method
Investments held as Ilxed assets are revalued at mid-market value at the balance sheet datè and the galn or
loss taken to the slatement of flnanclal actlvltles.
Page 11

The Parochlal Church Councll of The Etcleslastlcal Parlsh of St. Catherine's Halcham
Note5 to the accounts
for the year ended
31 December 2022
IvlS1 Debtors
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amort15ed cost
unlng the effective Interest method, less provlsion for Impaliment. A provision lor Impalrment of trade debotrs is
established when there is objectlve evidence that the trust will not be able to collect all amount due accordlng to
the orl8lnal terms of the recelvables.
Ll Cash and cash e
ulvalents
Cash and cash equivalents include cash In hand, deposlts held at tall with banks, other short-term liquld
investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown
wlthln borrowings sn current Ilabilltles.
C¥editors
Trade credltors ère recognlsed Inltlally at the Iransactlon price and subsequently measured at amortlsed cost
using the efleclive interest method.Short term trade credito¥s are measured at the transaction price.
Other flnanclal Ilabillties, including bank loan5, are measured Inltially at falr value, net of trallsacllon costs, and
are measured subsequently at 3mortised cost uslng the effective interest method.
ee Benefit
Short term employee beneflts and ¢tsntrlbutions to defSned contrlbutlon plans are recognised as an expense in
the perlod In whlch they are incurred.
2 Donatlons and legacles
Total
funds
2022
Total
funds
2021
THC
funds
Restrlcted Unrestrlcted
funds
funds
L005e cash
Planned gSvlnE
Oonations
Grants
Telegraph Hill Centre- donations income
5,197
49,468
10,016
1,7
5,197
49,468
10,016
1,700
6,572
5,392
51,178
3,041
3,LXJO
649
6.572
Total
6,572
66,381
72,953
63,260
3 Other tradlng artlvltles
Total
funds
2022
Total
funds
2021
THC
funds
Rè5trlctèd
funds
Unrestrlcted
funds
Telegraph Hill Centre- lettings
Telegraph Hill Centre- other Income
Fundraisin8
Rental income
Contributlon towards utilities
93.948
7,791
93,948
7,791
241
l(Kl,358
3,060
45.914
6,169
166
102,984
1,800
241
100,358
3,060
Total
101,739
103,659
205,398
157,033
Page 12

The Pa¥ochlal Church Councll of The Eccleslastlcal Parlsh of St. CatherSne's Hatcham
Notes to the accounts
for the year ended
31 Decembèr 2022
4 Income from Investments
Total
funds
2022
Total
funds
2021
THC
funds
Restrlcted Unrestricttd
funds
fund5
Telegraph Hill CentTe- Interest
22
22
Total
22
22
S Income from charitsble activities
Totsl
fund5
2022
Totol
funds
2021
THC
funds
Restrlded
funds
Unrestricted
tund$
Fee5
Other
819
819
1,036
Total
819
819
1,036
6 Charltable actlvltles
Total
lunds
2022
Total
funds
2021
THC
funds
pcc
funds
The Parlsh Support Fund
Incumbent
Church runnlng costs
Church maintenance
Upkeep of servlces
Music and organist
Pastoral asslstance
Mlnistry costs
Communlty proletts
Bookkeeplng
Legal and professlonal
Independent examlnatlon
Telegraph Hill Centre
running costs
Depreciation- THC
Diocesan and Deanery Cost
Donations
Bad debt wrltten off
60,000
640
17,308
15,538
12,296
6,225
1,449
750
9,038
60,000
640
17,308
15,538
12,296
6,225
1,449
750
9,038
55,000
450
16,993
18,257
11,219
5,002
1,435
7,973
45
2,045
4,214
610
3,526
610
4,792
1,266
166,615
516
166,615
516
12,369
1,991
113,112
979
12,369
1,991
1,055
Total
168,397
141,740
310,137
237,779
Page 13

The Parochlal Church Council of The Ecclesiastlcal Parish of St. Catherlne'5 Hatcham
Notes to the accounts
for the year ended
31 December 2022
7 Staff costs and numbers
2022
2021
Staff cosis were as follows:
Salarles and wages
Stsclal Security Costs
Employer's contrlbution to deflned contributlon pension schernes
102,715
1,436
1,875
64,500
286
1,017
Total
106,026
65.803
No employee Teceived emoluments of more than £60,00012021: nlll
The average number of employees during the year was as follows..
2022
2021
No,
Telegraph Hill Centre
Total
8 PCC members, remuneratlon and Èxpense5
The Incumbent, Aevd Sherldan james, recelved an expense allowance of £2,000 in 202212021.. £3,300).
No PCC Member or other person related to the tharlty had arhy personal interest in any contract or transactions
entered Into by the charity dvrlng the year12021: nill. PCC members have ultlmate control of the charSty.
9 Twnglble flxed a55èts
Offlce
equlpment
Total
Cost
At l January 2022
Additbons
Disposals
At 31 December 2022
26,313
26,313
26.313
26,313
Accumuluted depreclt7tlon
At l January 2022
Charge for the year
At 31 Decefflber 2022
24,249
516
24,765
24,249
516
24,765
Net book volue
At 31 December 2022
At 31 December 2021
1,548
2,064
1.548
2.064
The PCC owns the Telegraph Hlll Centye premlses. However, no value Is attributed to this property in the
financial Statements a5 the buildin8 15 attached to the church premises and the PCC does not conslder that it
has a slgnilicant market value.
Page 14

The Parochlal Church Councll of The Eccleslastlcal Parlsh of St. Catherlne's Hatcham
Notes to the accounts
for the year ended
31 December 2022
10 Debtors
2022
2021
Glft Ald due from HMRC
Other debtors
Rent debtors
Prepayments
9,5fK)
22,814
65
1,580
10,000
24,055
18501
1,536
Total
33,959
34,740
11 Credltor$: amount5 falllng due within one year
2022
2021
Trade creditors
Other credltors
Accruals
7,040
12,923
19,494
4,391
14,494
5,460
Total
39,457
24,345
12 Analysls of nèt assÈts between funds
Current year
General
funds
Deslgnated
funds
Re5trlrted
funds
Total
fund$ 2021
Tangible fixed assets
Current assets
1,548
905
1,548
180,430
139,4571
145.990
139,4571
33,535
Net assets at 31 December 2022
106,533
33,535
2,453
142,521
Comparative- previous year
General
fund5
DÈslgnated Restricteil
lunds
fvnd5
Total
funds 2020
Tangible fixed assets
Current assets
2,064
8,195
19,1491
2,064
195,747
124,3451
154,017
115,1961
33,535
Net a55ets at 31 December 2021
138,821
33.535
I,iio
173,466
Page 15

The Parochial Church Councll of The Eccle55astlcal Parlsh of St. Catherlne's Hatcham
Note5 to the accounts
for the year ended
310ecember 2022
13 Movèmènts In funds
Current year
At
Outgolng 31 December
resourtes
2022
At l January Transfer5
Incomlng
2022
between funds resourtes
Restrfctedlunds.,
THC projects-
Branching Out
THC- Covld 19 DCMS
THC general
ESOL classes
935
7,535
17,3601
935
1,518
16,0171
7,360
Total restricted fund5
I,iio
7,360
16,0171
2,453
Unrestrlctedfunds..
Designutedf(Jnd
Bulldlng fund-Legacv
33,535
33,535
Generolfund- PCC
Generolfvnd- THC
138,821
1114,5861
107,226
170,859
108,333
1141,7401
1162,3801
53,354
53.179
Total unrestrlrted funds
172,356
17,3601
279,192
1304,1201
140,068
Tot?1 funds
173,466
279,192
1310,1371
142,521
Comparatlve- prevlous year
At
Out8oln8 31 December
esource5
2021
At l January Transfers
Incomln8
2021
between funds resour(e5
RestrfctedAunds.'
THC projects-
8rènehlng Out
THC- Covid 19 DCMS
THC genera
ESOL classes
935
15,403
14,426
935
7,535
17,3601
17,8681
1107,0841
13,0001
32.565
52,733
3,000
Tolal restricted funds
30,764
32,565
55,733
1117,9521
I,iio
UnrestrlctedAunds.'
Designt7tedfund
Bulldlng fund-Legacy
33,535
33,535
Generalfund
125,616
132,5651
165,597
1119,8271
138,821
Total unrestricted lunds
159,151
132,5651
165,597
1119,8271
172,356
Total funds
189.915
221,330
1237,7791
173,466
Page 16

The Parochlal Chuych Councll of The E¢eleslastlcal Parlsh of St. Catherlne's Hatcham
Notes to the atcounts
for the year ended
31 December 2022
Purposès ol rÈ5trlded funils..
THC prolects- Branthlng Out..
THC Covi-19 DCMS
Funds to support Social projects for older and more vulnerable adults.
Financial assistance to deliver post-Covid19 community support services.
ESOL..
Funds from Near Meighbours lor Women's Only English Classes project.
Transfer between funds..
Telegraph Hlll Centre..
The PCC controls the centre so it was decided by the Board to tranfer the
'THC general, to the unrestricted. general fund. The transfer between the
PCC and THC represents contributions made by the PCC towards the work
and utilities of the centre.
Purposes of deslgnated funds,.
Building Fund-Le8acy
This was income from le8acy which was designated for repairs and
renewals requlred In the latest qulnquennlal survey of the premlses or
any other capital works deemed fit.
14 COVID- 19
During 2022 the PCC was still in a post-pandemic recovery period. The church remained open throughout the
year, keeplng the services onllne as well. The parlshloners were returnlng to Church, hlrers were returnlng to the
tentre and cllents wefe returning to thè 5eTVltes provbded by thè CÈntre. All these had a pos6tlve Impact on the
PCC'5 finances.
Page 17

The Parochial Church Councll of The Eccle5iastlcal Partsh of St. Catherlne's Hatcham
Notes to the accounts
for the year ended
31 December 2022
15 Summary accounts for TelÈgraph Hlll Centre Gyoup
2022
2021
Incomlng resources
Contribution from PCC
Donations, festlvals and actlvitles
25,000
7,863
25,(
649
PCC donations
Telegraph Hill Festival
Small grants
Other
1.291
4,000
2,200
372
PCC Recharge
BeBrlght recharge
Telegraph Hill Festlval recharge
Interest
Centre lettings
Centre grants- BRO
Total Incomlng resources
23,134
3,203
17
22
7.565
3,015
93.948
4,571
157.758
45,914
3,154
85,298
Resources èxpended
Charltable activities
Salaries and rbational Insurance
Staff pension
Bank char8es
Repairs and malntenance
Llght and heat
Cleaning and caietaklng
Printingj Postage and stationary
Telephone
License5 and subscriptions
8ad debts wloff
THC festival
Donatloris
Centre grant5- BRO
Offlce equipment
THC independent examlnatlon
Profesional fees
Advertislng, newsletter and publicitv
Events tosts
Depreclatlon
Tutor fees
Sundrles
Other experndltvre
BeBrlghl recharge
104,151
1,875
71
8,111
13.560
19,030
491
908
374
64,786
1,017
6,125
7,014
15,686
451
1,008
475
75
200
3,120
4,012
2,052
1,266
360
162
4,082
516
120
2,438
2,432
1,152
405
2,046
5,453
397
856
3,200
3,179
Tolal resourceg expended
168,397
114,952
Net movement In funds
110,6391
129,6541
Page18