THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. CATHERINE'S
HATCHAM
Known as: St Catherine'5 Hatcham, PCC
Charlty number: 1172843
REPORT AND UNAUDITED Accou￿[S
for the year ended
31 December 2023
FIELD SULLIVAN LIMITED
CHARTERED ACCOUNTANTS
9 Hare & Blllet Road
London
SE3 ORB

The Parochial Church Council of The Ecclesiastlcal Parish of St. Catherlne's Hatcham
Status:
The Parochial Church Council Is a corporate body establlshed
by the Church of England. The PCC operates under the
Parochial Church Council Powers Measure.
Charlty number:
1172843
Addiess:
102A Pepys Road
London
SE14 5SG
PCC members:
Revd Sheridan James Ichairlvicarl, Iresigned January 20231
Revd Jane Elliot IAssistant Priestl
Lesley Marshall IPCC Member/Readerl
jeremy Palmer ITreasurerl, (appointed November 20221
lake Nicholls IPCC Secretaryl, Iresigned August 20231
Stephanie Manson IPCC Memberlchurch WardenlLay chairl
Steve Tomkin5 IPCC Member/Church Warden)
Marshall Manson IPCC MemberlDeanery Synod)
Michelle Lundie IPCC Mèmber/Deanery Synod), (resigned lune 20231
Katharine Robb IPCC MemberlDeanery Synodl
Clarre Thomas IPCC MemberlLay chalrl, Ireslgned May 20231
john (Ben) Robb IPCC Member), Ireslgned May 20231
locklyn Awoonor Gordon IPCC Memberl
Camilla Kennedy Harper IPCC Member), Iresigned May 20231
Beverly Blake-walker IPCC Member)
joanna Jarman IPCC Member), (resigned May 20231
Premlata Samuel IPCC Member), (resigned May 20231
Peter Ryan IPCC Member,. joint Secretary)
Walter Johnson IPCC Member), (appointed May 20231
Pearletla Williams IPCC Memberl, lappointed May 20231
Gwendolyn Bente IPCC Memberl, (appointed May 20231
Verna Brandford IPCC Memberl, (appointed May 20231
Karen Martin IPCC Member,. loint Secretary), lappolnted May 20231
Julianna Akindo IPCC Memberl, lappolnted May 20231
Independenl examlner..
Field Sullivan Limited
Chartered Accountants
9 Hare & Blllet Road
London
SE3 ORB
Bankers:
Santander UK PIC
2 Triton Square
Regent's Place
Page 1

The Parochlal Church Council of The Eccleslastlcal Parlsh of St. Catherine's Hatcham
Report of the Parochlal Church Councll
for the year ended
31 December 2023
Report of the Parochial Church Council for the year ended 31 December 2023.
Structure, Govemance and Mana8eTnent
The Parochial Church Council 15 a corporate body established by the church of England. The PCC operate5
under the Parochial Church Council Powers Measure119561 as amended and church representation rules
that came into force on 2 January 1957.
The method of appoinlment of PCC members is set out in the Church Representation Rules. At St Catherine's the
membership of the PCC consists of the incumbent lour vicar), Churchwardens, Treasurer and members elected by
those members of the congregation who are on the electoral roll of the Church. The PCC member5 are
responsible for making decisions on all matters to do with the mission and ministry of the chuTch and the
maintenance of the building, working alongside the Vicar, including deciding on how the funds are to be
spent.
The members of the PCC, all of whom have served from l January 2023 to the date of this report were
approved lexcept where noted), are as set out in paBe l.
Alm and purpose5
St Catherine's Parochial Chvrth Council IPCCI has the responsibility during the current interregnum, of
maintaining and 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 manaBement of the Telegraph Hill
Centre, which 15 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.
Objective5 and Actlvities
St. Catherine's M15slon 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 Christ with all
St. Catherlne'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. Catherlne's Hatcharn
Report Of the Parochial Church Council
for the year ended
31 December 2023
St Catherine's works hard to maintain a lively and enriching splrltual life for the thrlving congregBtion. This
consists of..
Worshlp.. Sunday worshlp18am first Sunday of the month and 10am every Sundayl
Outreach.. Worklng alongside our partnershlp organlsatlons.. Telegraph Hill Centre, Telegraph Hill Festival
and the Telegraph Hill Playgroup to provide space for all kinds of cultural and communlty events at the
church and within the parish. Through the Centre (to whom we glve a Community Development Fund of
£30K pal we provide a space for exercise classes, therapists, various support groups e.g. mental health,
Broups for parents/carers and their children, activities for older people (Branching Outl and a pre and
after school tlub. We also support a Women Only Conversation and Friendship Group, which runs during
term tlme to provide free English tlasses to refugees, asylum seekers and other foreign nationa15 who
need to develop their English language skills. And a space for musicians and choirs to rehearse during the
week
Dlsclpleship: Durlng the course of the year we provide small groups and one-off events to deepen the
discipleshSp of the congregation.
Pastoral care- We provide pastoral care for around 25 people who are housebound or sick, as well as
preparation for marriage and baptism, and care for bereaved families.
Social Justlce- We are committed to Supporting our ESOL classes, our weekly club for older people
(Branching Outl and to engagSng with issues around systemic racism to become an anti-racist church. We
are also engaging with climate justlce and the environment at a spiritual and pragmatic level.
This year we were in an interregnum from late January 2023 onwards following the departure of Revd
Sheridan James. The PCC'S attention was mainly taken up with maintaining reEular services and other core
church activities in the absence of a full time vicar, and undertaking the necessary procedures towards
obtaining a new vicar, such as producing a parish profile. The PCC and congregation are exceptionally
gratefu5 to our non-stipendiary assistant priest Revd Jane Elliott for carrying out the majority of the clergy
tasks that enabled regular worship to contlnue and thrive through the year. We also record our appreclation
for the help from several other clergy in the dSocese who have come and taken services for us. The
administration of the parish placed a heavy burden especially on our churchwardens, to whom the PCC and
parish are also very grateful. We had the benefit of our pastoral assistant ladministrator lake Nicholls
working for us until end August 2023, when he moved on to another post as part of discernment of
vocation. For the final few months of 2023, the church was run entirely on a voluntary basos.
At the end of the year, we were pleased to hear that the diocese had nomlnated a suitable candidate for
vicar, who was interviewed in January 2024 and offered and accepted the post. The Revd stanley Njoka has
been instituted in early June 2024.
Page 3

The Parochial Church Councll of The Eccleslastlcal Parlsh of St. Catherlne's Hatcham
Report of the Parochial Church Council
for the year ended
31 December 2023
Public Benetit
When planning our activities for the year, we have considered the Commlssion's guidat)ce on public benefit
and, in particular, the supplementary guidance on charities for the advancement of religion. In particular.
we try to enable ordinary people to Ilve 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 Ilvlng in the parish.
Mission and outreach work.
To facilitate this work It Is important that we malntaln the fabric of the Church of St. Catherine's and the
Telegraph Hill Centre.
PCC Achlevement and Performance
The activities of the Church community during the year are set out in the PCC report (published separately)
to the Annual Parochial Churth Meeting Ithe "APCM'I.
Flnanclal revlew of 2023 flnanclal year
Treasurer's Report
During 2023 the PCC continued to retelve a steady income from our portfolio of rental properties that form
Part of the Telegraph Hill Centre complex- these cover 2 studios for artists, one resldential flat, the Hill
Station community café, and the Be Bright nursery.
We completed rent renegotiation and lease extension for the two studios, wlth hlgher rents flowing in from
Q4 2023. As at the year end, negotiations were under way for a significant increase in rent from the nurserv
premises. Occasional hires of the church eg for filming or music rehearsal space have also provided
additional income.
The utilisation of the rooms for hlre within the Telegraph hlll centre has also been Strong. The centre users
have recovered from their lockdown problems, and the cash flow from hlres is good.
Voluntary stewardship income to the church remains strong, wlth the Breat majority received under bank
StandinE order and therefore reliable.
In the absence of a vicar, expenditure was probably lower than usual in 2023. The cost of our parish
administrator fell away after August, and there were fewer events requiring addltlonal expenditure.
2023 was also a relatively benign year for bullding malntenance costs, though there are number of items
needing to be paid for in the first half of 2024.
Cash balances remain high, typically between £80,000 and £IOO,000, in part because the anticipated
expenditure on the substantial building work on the boundary wall did not arise during the yearwe now
expect this to feature in the second-half of 2024, as well as any urgent work called for in our current
quinquennial inspection.
Page 4

The Parochial Church Council of The Eccleslastlcal Parish of St. Catherine's Hatcham
Report of the Parochial Church Council
for the year ended
31 December 2023
During 2023 we paid in full our Parish Support Fund contribution of £60,000 and raised this to £62,000 for
2024.
Reserves
It is PCC policy to try to maintain a balance on unrestricted fund which equates to at least three months
unrestricted payments. This is equivalent to £35K. It 15 held to smooth out fluctuations in cash flow and to
meet emergencies. We have met this target.
Rlsk asse55ment and Safeguarding
The PCC regularly IdentSfies and reviews major risks facing the charity and have put measures in place to
mitigate them. The PCC follow guidelines for Safeguarding and Risk Assessment laid down by the Diocese of
Southwark, including all Covid regulations. We have also benefited from a recent desk-based risk review by
our insurers Ecclesla5tical.
Volunteers
We would like to thank all the volunteers who work 50 hard to make our church the Ilvely and vlbrant
community it is. In particular we want to mention our churchwardens StephanSe Manson and Stephen
Tomkins who have worked so tirelessly on our behalf.
Adminlstrative Information
St Catherine's Church sits on the top of Telegraph Hill, at the junction of Kitto and Pepys Road. Itls 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 SSG. 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 varlous subcommittees I the
Telegraph Hill Centre roup and the Telegraph Hill Playgroupl.
Page 5

The Parochial Church Councll of The Eccleslastlcal Parlsh of St. Catherlne's Hatcham
Report of the Parochial Church Council
for the year ended
31 December 2023
Statement of PCC members, responslbilitie5
The PCC members, as charity trustees, are responsible for preparing the Annual Report and financial statements
in accordance with applicable law and United Kingdom Accounting Standards Iunited Kingdom Generally
Accepted Accountlng Practice),
The law appllcable to chaTlties in England and Wales requires the trustees to prepare financial statements for
each financial year which give a true and fair view of the state of affairs of the charity and the incoming
resources and application of resources of the charity for that period. In preparing those financlal statements, the
trustees are required to..
al select suitable accounting policles and apply them consistentlvl
bl observe the methods and principles in the Charities SORP,.
cl make judgments and estlmates that are reasonable and prudent,.
d) state whether applicable accounting standards and statements of recommended practice have been followed,
subject to any departures disclosed and explained in the financial statements,.
el prepare the financial statements on the going concern basls unless it is inappropriate to presume that the
charity will contlnue in operation.
The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any
time the fin3ncial position of the charity, and which enable them to ensure that the financial statements comply
with the Charities Act 2011 and the Church Accounting Regulations 2006. They are also responsible for
safeguarding the assets of the charity and hence for taklng reasonable steps for the prevention and detection of
fraud and other irregularities.
This report was approved by the PCC and signed on its behalf.
On behalf of the PCC on ..
3.Jqf-Ix(...
Stephanie Manson
Churchwarden and PCC Chair
emy*
Imer
C Treasurer
Page 6

The Parochlal Church Council of The Eccleslast5cal Parlsh of St. Catherlne's Hatcham
ndependent Emamlnerfs Report to the Trustees of The Paro¢hlal Church Councll of The Ecclesiastical Parlsh of St.
Catherlne's, Hattham
I report to the trustees on my examination of the financial statements of The Parochsal Church Council of St Catherine,
Hatcham I'the charity'l for the year ended 31 December 2023 which comprise the Statement of Flnancial Activities, the
Balance Sheet and relate(I notes.
This report is made solely to the charitvs trustees, as a body, In accordance with sectlon 145 of the Charlties Act 2011. My
work has been undertaken so that I might State to the charity's trustee5 those matters l am requlred to state to them In this
report and for no other ptJrp05e. To the fullest extent peymltted by law, I do not accept ot assume responsibility to anyone
other than the charlty and the charit(s trustees as a body, for my work, for th15 report, or for the oplnlons I have formed.
Responsibilities and basls of report
As the trustees of the charity vou are responsible for the preparatlon of the financlal statements in accordance wlth the
requirements of the Charities Act 20111'the Act'l.
I report in respect of my examinatlon of the charity's financial statements carried out under sectlon 145 of the Act and in
carrying out my examination I have followed all the applScable Direction5 given by the Charity Commission under sectlon
14515llbl of the Act.
An independent examlnation does not involve gatherlng all the evidence that would be required in an audit and
consequently does not cover all the matters that an auditor considers Sn gSvlng their oplnion on the Ilnanclal statements.
The planning and conduct of an audlt goes beyond the Ilmlted assurance that an independent examination can provSde.
Consequently l expre55 no oplnion as to whether the flnancial statements present a 'true and fail view and my report is
limited io those speclfSc matters set out in the independent examiner's statement.
Independènt examiner'5 Statement
Slnce the church's gross Income exceeded £250,000 your examlner must be a membe¥ 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 conflrm that no material matters have come to my attention In connection with the
examination giving me cause to belleve that in any material respect..
accounting record5 were not kept in respect of the charity as required by section 130 of the Act,. or
the financial statements do not at¢ord with those records,. or
the financlal Statements do not comply wlth the applicable requirements concerning the form and content of accounts
set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true
and fair view which 15 not a matter considered as parl of an Independent examlnatlon.
I have no concerns and have come across no other matters in connection wlth the examination to whlch attention should
be drawn in this report In o
der to enable a proper understandlng of the financial statements to be reached.
TIM Sulllvan FCA
Field Sullivan Llmlted
Chartered Accountants
9 Hare & Blllet Road
London, SE3 ORB
Date
Iq
Pagg 7

The Parochlal Church Council of The Eccleslastlcal Parlsh of St. Catherlne's Hatcham
Balance Sheet
asat
31 December 2023
Note
2023
2022
Flxed a$5etS
Tangible a55ets
1,161
1,161
1,548
1,548
Current assets
Debtors
Cash at bank and in hand
Totul current ussets
io
41,825
116.499
158,324
33,959
146,471
180,430
Creditors: amounts falling due
wlthln one yèar
li
129,6621
139,4571
Net turrent055ets
128,662
140,973
Total assets less current1SabSllties
129,823
142,521
Net assets
12
129,823
142,521
The funds of the chaylty.,
Restricted funds
Unre5trl¢ted funds..
Designated
General fund
Total unrestricted fund5
953
2,453
33,535
95,335
33,535
106,533
128,870
140,068
Total chorltylunds
13
129,823
142,521
These financial statement5 weie approved by the PCC and slgned on its behalf by..
Stephanie Man50n- Churehwarden and PCC Chalr
v Palmer- Treasurer
Date:
Date..
2¢L
Page 9

The Paro¢hlal Chuych Councll of The Etcleslastlcal Parlsh of St. Catherlne's Hatcham
Statement of Financial ActDiities
loi the yearended
31 Oeeember 2023
Total
Fynd$
2023
Total
Fund5
2022
Restrl¢ted
Funds
Unrestrlcted
F￿Thd$
Re$trlcted
Funds
Unre$trlrted
Fund$
Note
Income and Endowment$ fr¢m'.
Donatlons and It8a¢les
3.000
59,234
227,309
2S6
2.495
62,234
227,309
256
2,495
72.953
205,398
22
819
72.953
205.398
22
819
Investments
Chadtable activltie5
Tolullncothstiesources
3,000
289,294
292,294
279,192
279.192
Exppndltuve on..
4.SQO
300.492
304,592
6,017
304.120
310.137
Toi&lresotsrce5 expertded
4,500
300.492
304,992
6,017
30a,120
310,137
Net 8alDslllossesl on Investments
Netlftcome/lexpendlturel
11,$001
111.1981
112.6981
16.0171
124,9281
130,9451
Trathslers between funds
7.3SO
17,3601
Netmovement Inlunds
11,5001
111,1981
112.6981
1.34a
132,2881
130,9451
Reconclllatlon of funds
Total fund5 broughtforward
Tot•lluffld5 cu¥¥led Jorword
2,453
953
140,068
128,870
142,521
129,823
i.iio
2,45a
172,356
140,068
173,466
142,521
13
Page B

The Parochial Church Council of The Ecclesiastical Parish of St. Catherine's Hatcham
otes to the accounts
for the year ended
31 Detember 2023
l Accounting pollcles
The prlncipal accouF¥tlng pollcles are summarlsed below. The accounting polleies have been applied
consistently IhrouBhout the year and in the preceding year.
lil Statutor
information
The charity is a church wlth no share capital, and domiciliateed in England and Wales.
The address of the prbncipal office Is 102A Pepys Road, London, SE14 $5G.
The flnanelal statements are prepared In sterllng, whSch Ss the functlonal currency of the church.
Monetary amounts in thi5 financlal statements are rounded to the nearest pound.
lill Basis of accountin
The financial statements have been prepared under the historical cost convention, Companies Act
2006, Charities Act 2011 and the Charities Statement of Recommended Practite IFRS1021. The
church meets the definition of a public benefit entity under FRSIO2.
The financial statements include amounts In respect of the Telegraph Hill Centre Group. The Group manages
the Telegraph Hill Centre adjoinln8 the church premise5 and is a sub-gTOUP ol the PCC. Accordingly, and on the
recommendation of the Diocesan flnance office, thelr accounts have been incorporated Inlo the PCC accounts.
Goln
concern
These financial statements are prepared on the going concern basls. The board members have a reasonable
expectatlon that the church will continue in operatlonal existence for the foreseeable future, and are not aware
of any materlal uncertainties which may cause doubt on the church's abllity to continue as a going concern.
Fund accountln
General fund5 represent the funds of the PCC that are not subject to any restrictions regarding thelr use and
re avallable for appllcatlon on the general purposes of the PCC. Funds designated for a partlcular purpose by
the PCC are also unre5trlcted.
Restrlcted funds are those funds that must be spent on restricted purposes and detalls of the funds held and
restrlctlons are provided in the notes.
The flnancial statements include all transactlons, assets and liabllitles ftsr whlch the PCC Ss responsible Sn law.
They do not include the financlal statements of church groups that owe their main affiliation to another body.
nor those that are informal gatherings of thurch members. The accounts of the Telegraph Hlll Centre Group
are Incorporated as part of the flnanclal statements. A summary ol the Group's accounts is included at note 16.
livl Incomln
resources
All incoming resources are Included In the statemenl of financlal actlvStles when the PCC is entitled to the
income and the amount can be quantified with reasonable accuracy. The following speciflc pollcles are applled
to particular cateEories of income:
Collectlon5 are recognlsed when received by or on behalf ol the PCC
Planned glvlng receivable undei Glft Aid is recognised only when recelved. Tax recoverable on Gift Ald
donatlons15 recognlsed when the donation is recognlsed.
Page 10

The Parochlal Church Councll of The Ecclesiastical Parlsh of St. Catherine's Hatcham
Note5 to the accounts
for the year ended
31 Decembe¥ 2023
Ilvl Incomln
tontSJbued
Grants and legacies to the PCC afe accounted for a5 soon as the PCC Is notlfled of Its legal enlitlement,
the amount due Is quantlliable and its ultimate receipt by the PCC is reasonably certain.
Donated servlces and facilille5 are included at the value to the eharity where th15 can be quantSfied.
The value of services provided by volunteer5 has not been included in these accounts.
Income from fundraislng aclivities Is accounted for gross.
Rental income from lettlng of premlses is recogni5ed when the rental Is due.
Investment Income is included when recelvable.
Realised gains and losses oh investments are reco8nised when the Investrnent5 are sold. Unrealised 8alns
nd10$5es are accounted for on revaluatlon of Investments at 31 December each year.
resources
Iv) Resources ex
ended
Expenditure 15 accounted for on an accrual basis as a liability is incurred. Expenditure includes any VAT whlch
cannot be fully recovered. andls reported a5 part of the expendlture to which it relates.
Costs of generatlng funds comprlse the costs assoclated wlth fundra15Ing events.
Charitable expenditure comprlses those cost5 incurred by the charity in the delivery of it5 activltles and
servlces for Its beneficiaries. It includes both costs that carb be allocated dlrectly to such activStles and those
costs of an indirect nature necessary to support them.
Grants and donatloris are accounted for when pald over, or when awarded, if that award Creates a binding
obligatlon on the PCC.
The dlocesan parlsh shale Is accounted for when due. Any parish share unpaid at 31 December is provided
for in these financial stalements as an operational Ithough not a legall Ilability and Is shown ag a credlior
In the balance sheet.
Ivil Fixed assets
Consecrated property and moveable church furnishings
Consecrated and beneflced property of any klnd is excluded from the accounts by s96121è Charities Act 1993.
No value Is placed on moveable church lyrnishin8s held by the churchwardens on speclal trust for the PCC
wh1ch require a faculty for dlsposal.
All expenditure incurred durin8 the year on consecrated or benefice buSldln8s and movable church
furnishlngs, whether malntenante or Improvement, Is written off.
Other tan8ible fixed assets are stated at cost les5 accumulated depreclatlon. Depreclatlon Is provlded at
rates calculatèd to W￿te off the cost of each asset over Its expected useful life. The rates used èye a5 follows..
flxturÈs, flttlngs and equipments
25% Reducing balance method
Investments held as Ilxed assets are revalued at mld-market value at the balance sheet date and the Ealn or
loss taken to the Statement of financial activities.
Page 11

The Parochlal Church Council of The Ecclesiastical Parish of St. Catherlne's Hatcham
Notes to the accounts
for the year ended
31 December 2023
Ivlll Debtors
Trade debtors are recognlsed inltlally at ihe transactlon price. They are subsequently measured at amortlsed cost
uning the effective interest method, less provislon lor Impalrment. A provision lor impairment ol trade debotrs is
established when there is objectlve evidence that the trusl will not be able to collect all amount due according to
the original terms of the receivables.
Lk Cash and cash e
ulvalet)ts
Cash and cash equivalents Include cash In hand, deposits held at call with banks, other short-term liquid
Investments wlth origlnal maturitles of three months or les5, and bank overdrafts. 8ank ove¥drafts are shown
within borrowings in current liabilities.
Creditors
Trade creditors are recognised initially at the transactiors price and subsequently measured at amortlsed cost
using the effective interest method.Short term trade creditors are meèsured at the transaction price.
Other flnantial liabilities, including bank loan5, are measured initially at lair valye, net of transaction costs, and
are measured subsequently at amort15ed cost using the effective Interest method.
ee Benefits
Short terrn employee benefits and contributions to defined contrSbutlon plan5 are recoBni5ed a5 an expense in
the perlod whlch they are Incurred.
2 Donotlons and lesacies
Total
fund5
2023
Total
funds
2022
THC
fund5
Restrlcted
funds
Unreslrlcted
funds
L005e tash
Planned giving
DonatlOn5
Grants
Telegraph Hlll Centre- donatlons Income
2,343
43,982
5,196
3,000
2.343
43,982
5.196
3,000
7,713
5,197
49,468
10,016
1,700
6,572
4,713
3,000
Total
4,713
3,000
54.521
62,234
72,953
3 Other trading activltles
Total
funds
2023
Total
funds
2022
THC
funds
Restrlcted Unrestrlded
funds
funds
Telegraph Hlll Centre- lettlngs
Telegraph Hill Centre- other income
Fundialslng
Rental income
Contrlbutlon toward5 Utilitiès
93,622
20,261
93,622
20,261
140
108,981
4,305
93,948
7,791
241
100,358
3,060
140
108,981
4,305
Total
113,883
113,426
227,309
205,398
Page 12

The Parochlal Church Councll of The Eccleslastlcal Parish of St. Catherlne's Hatcham
Notes to the accounts
for the year ended
31 Detembe¥ 2023
10 Debtor5
2023
2022
Gift Aid due from HMRC
Other debtors
Rent debtors
Prepayments
9,000
27,537
2,395
2,893
9,500
22,814
65
1,580
Total
41,825
33,959
11 Credltors: zmounts lalllng due wlthln one year
2023
2022
Trade creditor5
Other creditors
Aecrua15
9,463
13,957
6,242
7,040
12.923
19,494
Total
29,662
39.457
12 Analy51s of net assets between funds
Current year
General
funds
De51gnated
funds
Restrlcted
funds
Total
fund5 2021
Tanglble fSxed assets
Current assets
Current Ilablllties
1,161
123,836
129,6621
1,161
158.324
129,6621
33,535
953
Net asset5 at 31 December 2023
95,335
33,535
953
129,823
Comparztlve- prevlous year
General
funds
Dèslgnzted Restrlrted
funds
funds
Total
funds 2020
Tangible fixed assets
Current èssets
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
Page 15

The Parochlal Church Councll of The Eccleslastltal Parlsh of St. Catherine's Hatcham
Notes to the accounts
for the year ended
31 December 2023
13 Movements In funds
Current year
At
Outgolng 31 December
re50urce5
2023
At l January Tyansfers
2023
between funds
Incomln8
resources
Restrlctedfunds..
THC projects-
Branching Out
THC- Covid 19 DCMS
THC-Warm Welcomes
935
1,518
16201
18801
13,0001
315
638
3,000
Total restricted funds
2,453
3,000
14,5001
953
Unrestrlctedfunds..
Designutedfund
Bubldlng fund-Legaty
33.535
33,535
Generulfund- PCC
GenerulAurJd- THC
53,354
53.179
149,6001
49,600
170.442
118,852
1138,8141
1161,6781
35,382
59,953
Total unrestrlcted fund5
140,068
289.294
1300.4921
128,870
Total funds
142,521
292,294
1304,9921
129,823
Comparative- previous year
At
Outgoing 31 December
resources
2022
At I january
2022
Transfers
Incoming
betweeh funds resources
Restrlctedfunds..
THC projects-
Branching Out
THC- Covid 19 DCMS
THC general
935
7,S35
17.3601
935
1,518
16,0171
7,360
Total restrlcted funds
I,iio
7,360
16,0171
2.453
Unrestylctedfunds..
Designutedfund
Building fund-Legacv
33,535
33,535
Generolfund- PCC
Generalfund- THC
138.821
1114,5861
107,226
170,859
108,333
1141,7401
1162,3801
53,354
53,179
Total unrestricted fund5
172.356
17,3601
279,192
1304,1201
140,068
Total funds
173,466
279,192
1310,1371
142,521
Page 16

The Parochlal church Councll of The Etcle51astlcal Parlsh of St. Catherlne's Hatcham
Notes to the accounts
for the year ended
31 December 2023
Purposes of restr5¢ted funds:
THC projects- Branching Out..
THC Covi-19 DCMS
THC- Warm Welcomes
Fund5 to support socSal prolect5 for older and more vulnerable adults.
Flnancial asslstance to dellver post-Covid19 communlty support servlces.
Funds from Lewisham Local to deliver the Warm Welcome project.
Tran51er between funds:
Telegraph Hlll Centre:
The PCC controls the centre. The transfer between the PCC and THC
represents contributions made by the PCC towards the work and utSlltles
of the centre.
Purposes of de51¥nated funds:
Building Fund-Legacy
This was income from legacy which wa5 designated for repair5 and
renewals required in the latest quinquennial survey of the premlses or
any other capital works deemed fit.
Page 17

The Parochlal Church Councll of The Ecclesiastlcal Parish of St. Catherine's Hatcham
Notes to the accounts
for the year ended
31 December 2023
14 Summary accounts for Telegraph Hlll Centre Group
2023
2022
Incomlng resources
Contribution from PCC
DonatSons, festiva15 and activitles
25,000
10,213
25,000
7,863
PCC donations
Telegraph Hlll Festlval
Lewisham Local
Small grants
Other
2,500
3,940
3,000
75
698
PCC Recharge
Telegraph Hill Playgroup recharge
BeBright retharge
Telegraph Hlll Festlval recharge
Interest
Centre lettlngs
Centre gTants- BRO
Total Intomlng resourtes
22,100
10,967
3,906
23,134
3,203
17
22
93,948
4,571
157,758
256
93,622
5,388
171,452
Resources empended
CharStable attlvlties
Salaries and natlonal Insurance
staff pension
THC lestlval
Oonations
Centre grants- MBS
Office equlpment
Events cosls
Support costs
107,312
2,033
104,151
1,875
200
3,120
4,012
2,052
4.082
45,705
165,197
80
6,481
2,737
240
43,389
162.272
Support cost5
Bank charges
Repairs and maintenance
Llght and heat
Cleaning and caretaking
Prlntlng. postage and stationary
Telephone
Llcen5es aqd 5ub5criptlon5
THC independent examinatlon
Proleslonal fees
Advertislng, new51etter arEd pvblicitv
Depreciatlon
Other admiThistrative costs
77
7,020
10,860
19,265
741
802
341
1.580
360
71
8,111
13,560
19.030
491
374
1,266
360
162
516
387
!]
1,954
43,389
856
45,705
Other expenditure
BeBriEht recharge
Total resourees expended
Net movement in funds
3,906
166,178
3,200
168,397
5,274
110,6391
Page 18