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2024-12-31-accounts

The Annual Parochial Report for the Parish of St Cyprian Clarence Gate within the Diocese of London for the year ending December 31[st] 2024

St Cyprian’s Church, Glentworth Street London NW1 6AX

Contents
A. Reference and Administrative Information 4
B. Clergy Report 6
C. Reports 9
Churchwardens’ Report – Fabric, goods and ornaments
Music Report
Finance Report
Bookings Report
D. PCC and Governance 13
Electoral Roll
Deanery Synod Report
E. Meeting of Parishioners and APCM – 5th May 2024 15
Agenda
Minutes of 2023 Meeting
Appendix: Annual Accounts 19

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A. Reference and Administrative Information

The Parish of St Cyprian, Clarence Gate, Glentworth Street, London NW1 6AX is in the Diocese of London.

The Parochial Church Council of St Cyprian is a charity registered with the Charity Commission (no. 1176918). The Parish code is 230078.

PCC members who served during 2024 were:

Clergy : Reverend Prebendary Clare Dowding (Priest in Charge) Reverend Father Michael Fuller (Associate Priest) Reverend Donna McDowell (Assistant Curate to June 2024) Reverend Rachel Sheppard (Assistant Curate from June 2024)

Licensed Lay Minister : Mr Martin Carr

Church Wardens : Mr William Nye Mrs Sarah Daniels (Parish Safeguarding Officer) Members : Ms Mary Ashwin Mr Robert Gwynne Mr Eric Emms (& Treasurer from 1[st] January 2025) Ms Sarah Johnson (Secretary) Mrs Chan Mayor (Electoral Roll Officer) Mr Martin Carr (In attendance) Finance & Operations - to August 2024 Mr Julian Collings (In attendance) Director of Music

Structure, Governance and Management

The Parish is governed by the Priest-in-Charge working with the Parochial Church Council (PCC). All church attendees are encouraged to register on the Electoral Roll of the Parish, and the PCC is elected by the Electoral Roll members. The Church Wardens, who are elected at the Annual Parochial Church Meeting by Electoral Roll members and residents of the parish, are members of the PCC.

Trustees are recruited based upon their skills, sector knowledge and experience. The Trustees confirm that they have had regard for the Charity Commission guidance on public benefit when reviewing and planning activities in 2024 and for future years.

Objectives and Activities

The objective of St Cyprian’s Clarence Gate is to provide a community to enable people to worship God, to develop their faith and to build up a sense of community within the parish of St Cyprian’s.

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To this end, it provides:

Worship – a Sunday Parish Mass, monthly Choral Evensong, Thursday Low Mass and Mass on major feasts of the church; Pastoral support from clergy and laity; other activities such as Bible studies, occasional lectures, and occasional other social events.

It is continually looking for new ways, within its capacity and resources, to build up its parish life.

In addition, to finance these activities of St Cyprian’s as a worshipping community, St Cyprian’s makes use of its main asset, its church building, to provide a space for community groups and others to use, for concerts, for rehearsals, for exhibitions, for classes and for other purposes.

In addition, the church is used for worship, prayer and community activities by the London City Korean Church. A Licence under Faculty has been put in place for 2024 and will be reviewed annually. Francis Holland Church of England Girls’ School uses the church for worship and for rehearsals, art exhibitions, concerts, form meetings and staff meetings.

To maintain its ability to support both parish activities and letting of the church building for other community uses, the parish undertakes work to maintain and, where possible, enhance the church building and its facilities.

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B. Clergy Reports

Priest in Charge – Rev’d Preb Clare Dowding

As we look back over the past year we have much to be thankful for as we celebrate God’s faithfulness and provision, and recognise God’s presence in worship, fellowship and mission. As we have gathered each week for worship, sustained by the sacraments and blessed by the beauty of music in this beautiful sanctuary – so too, we have sought to welcome newcomers; provide opportunities for spiritual growth and fellowship; and establish connections with those living, studying and working in the parish.

The worship and music at St Cyprian’s gives glory to God and also serves as a unique opportunity to welcome people into the life and worship of the church and to discover something of the mystery, majesty and beauty of God, something so counter-cultural in our current worldview. The St Cyprian’s Choir gathers singers from across London who give of their time and skill to inspire our worship of God. We are grateful for all that the choir bring to the life of the church under the excellent leadership of our Director of Music, Julian Collings, and organists, including our recently appointed Assistant Director of Music, Peter Jaekel. During 2024 the choir offered music such as the Stainer Crucifixion on Palm Sunday; the Festival Concert during the Patronal Festival; seasonal services such as the Advent Carol Service, Nine Lessons and Carols, Music for Passiontide, Holy Week and Easter, as well as the regular pattern of worship on Sunday mornings and monthly Evensong. In July the St Cyprian’s Choir were invited to be the choir in residence at St Paul’s Cathedral, leading Evensong and Sunday morning and evening worship. It was a joy to gather with members of the church community on the Saturday evening to hear the choir sing in the cathedral – and to celebrate together afterwards.

The worshipping life of the church is enabled through the ministry and service of many people, clergy and lay alike. Our Churchwardens, William Nye and Sarah Daniels, give of their time to support the life of the church, for which I am extremely grateful; as do the members of the PCC, including our PCC secretary Sarah Johnson; Electoral Roll officer, Chan Mayor; and newly nominated PCC Treasurer, Eric Emms. We are also blessed by those who give time and dedication to ensuring the worshipping life of the church continues seamlessly and beautifully through serving, reading and leading intercessions. I am hugely grateful to Robert Gwynne and Sophie Nye for their dedication as Servers, alongside others who occasionally step in to assist; to Mary Ashwin for managing the rota for readers and intercessors; to the team of people who help wash church linens, polish and clean the church; and to Katherine, Vera, Wilf, Vicky, Guy and all who help set up teas, coffees, and bake delicious cakes for refreshments after Mass and evening services.

It is a joy to offer priestly ministry within the life and worship of this parish and I am grateful for the collegiality, fellowship and friendship that is shared among clergy and lay people as we share in ministry across the two parishes of St Cyprian’s and St Paul’s. Over the past year we been richly blessed through the ministry of Fr Michael

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Fuller, Revd Donna McDowell, Revd Rachel Sheppard, Fr Desmond Tillyer, Fr Alan Walker, as well as Licensed Lay Minister, Martin Carr, and other clergy and lay ministers, who have preached, presided or assisted with services through the year. In June 2024 we bid a fond farewell to Revd Donna McDowell at Evensong for Corpus Christi, as Donna’s curacy came to an end and she was licensed as Associate Priest and School Chaplain at St Mary’s Twickenham. Later in July we welcomed Revd Rachel Sheppard as she was ordained Deacon and begun her curacy in the parishes of St Paul’s and St Cyprian’s. In August 2024, Martin Carr, moved on from his role as Operations Manager at St Cyprian’s and St Paul’s, to become Net Zero Officer for the Diocese of Guildford, though we are grateful for Martin’s continued presence as a Licensed Lay Minister in the parishes. In December 2024 we interviewed and appointed Helena Maitland as Parish Administrator and Church Manager, and we have been greatly blessed by Helena’s skills and gifts in shaping the administrative life of the church and working closely with all who use the church building week by week.

Fr Michael Fuller continued to share wholeheartedly in the ministry and life of St Cyprian’s throughout 2024, and announced in the autumn of 2024 that he would retire from ministry at St Cyprian’s in January 2025. There was a tangible sadness as we marked Fr Michael’s last Christmas at St Cyprian’s and as we gathered on Epiphany Sunday to bid farewell and thank you to Fr Michael for the eight years of ministry he had shared at St Cyprian’s. The congregation and friends of St Cyprian’s gave a wonderful farewell gift of over £3000 to support Fr Michael’s ministry in Colombia. As the church faces a time of transition we do so with a prayerful and obedient heart, listening to where God is leading us over the coming years and seeing where God’s Spirit opens new doors and possibilities for sharing the love of Christ.

It is exciting to see the way God is at work as we seek to connect with those living, working and studying in the parish, especially in deepening our links with Francis Holland School, Regent’s Park, Christ Church Bentinck CE Primary School, Arnold House School and London Business School. Throughout the year we welcomed pupils and staff from Francis Holland School for termly services, such as Harvest, Advent, Ash Wednesday, Easter, End of Year; as well as school concerts, art exhibitions, theatre workshops, and movement and dance. One striking memory is the Ash Wednesday service, where from among the 550 girls who were present for the Mass, over 250 came forward to receive the Imposition of Ashes, and over 200 to receive communion or a blessing. In a time when we often hear talk of young people feeling disillusioned with the Church and a society that often tries to convince us that the Church or spiritual life is irrelevant, this bucks the trend and gives us pause to imagine how we might better serve the young people living and studying in this parish.

We have also been blessed by the relationship with Christ Church Bentinck CE Primary School (the church school for St Paul’s Church, and the nominated church school for our parish). Children from the school have spent time in St Cyprian’s learning about the Christian faith, taking part in Stained Glass workshops during Advent, looking at the images of the nativity in the windows of the Lady Chapel; and during two days of Experience Easter workshops, where the children followed stations around the church to learn about the journey from Palm Sunday to Easter

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Day, participating in activities, role play and conversations that help bring the story to life.

Over the coming year we will see a new role of Associate Priest (House for Duty) and School Chaplain come to fruition. This follows a year of focused work, laying foundations for this role, working with the diocese to release the parish flat for missional purposes, and with FHS Governors and Headteacher to establish a salaried post as School Chaplain. This role, working alongside the existing clergy and lay people serving St Cyprian’s and St Paul’s, will give focus to our desire to see growth in our ministry among young people, children and families, and equip us as we serve the parish over the coming years.

I am grateful to William Nye for setting up the Church Development Tool for us to use as a parish and for those in the church who took time to respond to the questionnaire. The data gathered gives us much to reflect on as a church community – not least, the life of prayer, worship and Christian discipleship that people reflected on; but also the encouraging number of those who shared that they were new to or exploring the Christian faith; those who wish to offer their time and skills to support the life of the church in lay ministry, pastoral care and outreach; and those who find peace and solace in the life of the church in times of need.

As we reflect on and give thanks for all that has happened in 2024, we look ahead to the coming years with eager anticipation and hope for all that God is doing in our midst and for the wonders God is yet to reveal.

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C. Reports

Churchwardens’ Report – Fabric, goods and ornaments

There were no significant changes to the fabric, goods or ornaments of the church during 2024, following the significant work to install a new kitchenette and disabled toilet in 2022, and minor works during 2023. Since the year-end, we have begun work to plan and fund-raise for a major restoration of the organ (now over 90 years old) to be carried out either in 2025 or in 2026, funds permitting.

June 2024 saw the publication of the quinquennial inspection report. This highlighted a number of repairs which the Architect highlighted as necessary including the investigation of continued water ingress at the east end of the north aisle during rainfall and the repair of a small hole in the north slope of the nave roof. This will allow us to agree a programme of interim repairs in 2025. The architect also recommended that once these roof works were done, we prioritise the repair to the plasterwork and paintwork of the internal church walls.

As reported in last year’s Annual Report, we continued our programme to upgrade our emergency lighting and switch all our lighting to LED - only a couple of lights now require conversion. We are looking forward in 2025 to enhance the lighting controls in order to reduce energy wastage and simplify the complex set of switches and buttons currently in place.

Our energy contracts came up for renewal in 2024, and we switched our electricity account to 100% renewable through the Church of England’s Parish Buying Scheme. Our gas boiler was surveyed and maintenance works were carried out to improve its reliability. However, gas usage costs continue to be a significant burden on our finances and together with Martin Carr and Alison Moulden, our Westminster Churches Net Zero Officer, we continue working on costings and grants for alternative energy sources (heat pump and/or radiant energy) during 2025/26.

We also added a screen and a camera to the organ to improve visuals for the organist during the church services.

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Music Report – Julian Collings

2024 has been somewhat of an interim year for music at St Cyprian’s with the departure of Alex Wilson as Assistant Director of Music at the end of 2023. After two rounds of unsuccessful auditions, we approached Peter Jaekel who has played at St Cyprian’s regularly as a deputy for a number of years, and were delighted when he accepted the job of Assistant Director of Music. He took up the post in January 2025.

Choir membership has remained strong with a steady influx of new singers over the course of the year. We continue to target recruitment at university graduates moving to London as well as those already singing in London looking for a high standard choir without the excessive commitment of most similar groups.

Our 2024 annual Festival concert consisting of Verdi's Requiem was performed in September to a large, appreciative audience. However, after two highly successful but expensive concerts over the last two years, we will need to reduce the scale of next year’s concert in order to bring the music budget funds back to a reasonable level - a lighter summer evening performance is planned for 2025.

Monthly choral evensong has continued to be a much appreciated part worship at St Cyprian’s for those who attend. Numbers have greatly fluctuated but it has not been unusual for the choir to outnumber the congregation which is a shame. I think more needs to be done to spread the word about this service to the local community.

The monthly Chamber Music Series has continued to grow and frequently attracts audiences of over thirty people - many of whom have become regular attendees. The series continues to more than pay for itself under the current ‘retiring collection’ model. After the departure of Alex Wilson, artistic direction of the series will become the responsibility of the Director of Music.

The state of the organ is now a major concern but the PCC have appointed a subcommittee who will obtain quotes and coordinate fundraising efforts. In the meantime, the organ is playable but unreliable.

Outside of St Cyprian's, the choir continues to develop its reputation, singing services at St Paul’s Cathedral in London in July. A weekend at Beverley Minster is planned for summer 2025.

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Financial Report – Helena Maitland

We ended 2024 with approximately £3k in our NatWest accounts (our operations account), and a healthy £105k in CCLA reserves (our investment account). The year ended with a small deficit of under £1k

The Parish Giving Scheme (PGS) continues to be our main congregational stewardship tool and we saw an increase in planned giving from 2023. Many thanks to all of you who contribute, whether in giving your time or through tithing. We are deeply grateful for your continued generosity and faithful giving to the church. Your support allows us to carry out our mission and serve our community.

Can I encourage all church members who are not currently signed up with PGS to do so as it is a highly efficient way of recovering Gift Aid and ensures anonymity of gifts. A more robust policy of gift aid recovery for direct debits has seen a proportionately large increase in receipts from HMRC. It is also worth noting that the Gift Aid Small Donations Scheme allows the church to claim a 25% top up from HMRC on ‘anonymous’ small cash and contactless donations of £30 or less. Recovery of these amounts for 2024 has just been made and will be accounted for in 2025.

Church lettings income increased slightly in 2024, mainly due to the income received from a yearly occupation agreement with Millennium Performing Arts (MPA) for weekday daytime use of the building. Other points to note were:

  1. Reduced costs - mostly from staffing changes when we said goodbye to Martin Carr who started his role as Net Zero Officer for the Diocese of Guildford. Energy costs remain a high proportion of the church expenditure as does our Common Fund contributions.

  2. The projected income from MPA did not materialise in full. Of the annual £30k rent from September 2024, they have only paid £10k to date. We are chasing them for the remainder. A more detailed report on bookings can be found in the next paragraph.

The full figures for the year are to be found at the end of this annual report. I am grateful for the support and attention to detail of our Independent Examiner, Christina Shiatis of MASY Associates for her collaboration to finalise these.

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Bookings and Community – Helena Maitland

We continue to attract musicians, artists, authors and community groups to use our building, and the improved facilities make the space more desirable. We are one of only a few churches in central London who can provide not only excellent concert and rehearsal space but the facilities that go with it including audio and visual equipment and not only one, but two pianos.

We have had 5 regular hirers and our ongoing relationship with them remains strong.

English Baroque Choir, the Pinstripe Highlanders, and the Learning Orchestra use us weekly for rehearsals, and various choirs and music groups including Camden Orchestra and Welsh Chorale host concerts in our building. The Korean Church also provides a steady source of income as they use our church for their Sunday afternoon service and Wednesday evening bible study.

The relationship with Francis Holland School has gone from strength to strength as they make use of our church for services and events. This usage will increase over 2025 as they are in need of space particularly during the school day.

There is much one-off use, and we are building up a body of loyal, repeat hirers.

As reported in last year’s Annual Report and referred to in the Financial Report above, we entered into a yearly occupation agreement with MPA from September 2024. However, they proved to be erratic payers and whilst the relationship with them was co-operative on a day-to-day basis, they decided to leave early in April 2025 in breach of their agreement as they had found alternative space. We continue to pursue outstanding sums from them. One positive aspect is that numerous hires which we could not accommodate during 2024 will now be possible including increased use by Francis Holland School.

One lucrative booking during the quieter summer months was a 3-week art exhibition. We continue to build relationships with nearby art galleries and whilst these sorts of exhibitions require planning a number of years in advance of the exhibition itself, we have potentially 2 exhibitions lined up for 2026, subject to Diocese approval.

We will be looking to improve our marketing and booking systems during 2025 in order to improve what is a vital income stream.

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D. PCC and Governance

Electoral Roll Update – Chan Mayor

The electoral roll stands at 64.

Safeguarding report – Parish Safeguarding Officer, Sarah Daniels

Safeguarding is part of our core faith and an integral feature of our life at St Cyprian’s. Our church has due regard to the House of Bishops' Safeguarding Policy and Practice Guidance on safeguarding children and vulnerable adults.

There were no safeguarding incidents to report in 2024.

E. Deanery Synod Report

The St Marylebone Deanery Synod is a formal meeting of representatives of the churches in the St Marylebone Deanery. Although there are business items to be dealt with, including the appointment of school governors, the meetings are mainly for information and discussion about mission and ministry in the area.

The Synod met four times during 2024 to discuss mission and ministry in the area.

At the January meeting, held at St Cyprian’s Church, the main item was the giving of time, talents and money in our churches. There was a presentation about the ways in which we can give and how churches can reduce their administrative costs in the handling of financial gifts. It highlighted different ways in which we can encourage giving in a post-cash society, and gave some pointers as to how our children and young people can be encouraged to be part of a giving culture.

The meeting also heard about the Westminster Churches Net Zero Forum, hosted by Alison Moulden (St Paul’s Net Zero Worker), which exists to support parishes to achieve net zero.

In May the meeting was held at St John’s Wood Church with a focus on safeguarding. The meeting heard from Claire Meaney (Diocesan Safeguarding Officer) about the work of the diocesan safeguarding team which has produced policies, procedures and a dashboard to help parish safeguarding leads and also provided training. It was noted that the diocese would be audited in September 2025, when inspectors would visit the diocese, Cathedral and parishes in order to evaluate the effectiveness of the diocesan safeguarding policies, procedures and processes.

There was also a presentation and discussion by Georgina Graham, Director of Operations for the Two Cities, Racial Justice advocate & Methodist Lay Preacher, on issues pertaining to racial justice within our country, the national and local

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church, and in the Diocese. There was concern that there was no process within our diocese to report racial injustice and that it was important that data was recorded. A 10-point action plan had been published in September 2023 and parishes were encouraged to review this.

The July meeting held at St John’s Wood Church was a short meeting preceding the annual summer party. The Revd Katherine Hedderly, the newly appointed Archdeacon of Charing Cross, introduced herself and then gave reflections on what the 2030 vision meant for the Two Cities and how could the various threads of work currently being undertaken in the various churches be drawn together and resources shared.

The final meeting of the year was in October was held at St Paul Robert Adam Street, when it received a presentation from Michael Andrews, Senior Music minister at All Souls Church, on supporting the mission of the church with music. It started by showing how music and art tell stories and help us to resonate with God’s universal story and then went on to show how this has been accomplished throughout the ages with different pieces of music. The presentation was illustrated with ways of doing this such as using big bands, jazz bands and orchestral concerts. Many case studies were given showing how music, both sacred and secular, could be used in the mission of the church, including small music groups and singers in settings such as care homes and schools.

During the year, the synod also received feedback from the meetings of the General Synod and conducted local business such as the appointment of governors to schools in the deanery.

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F. Meeting of Parishioners and APCM – 1[th] June 2025

AGENDA

Opening Prayer

Annual Parish Meeting

Annual Parochial Church Meeting

The reports

The elections and appointments

Closing prayers

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Minutes of the Annual Parish Meeting and Annual Parochial Church Meeting 2024

Date: Sunday 5th May 2024 Venue: St Cyprian’s Church, Clarence Gate

Time: 11.45am following Parish Mass Chair: Revd Clare Dowding Number in Attendance: 32

Opening Prayer: Revd Clare Dowding offered an opening prayer

Annual Parish Meeting

1. Apologies for absence

Sarah Johnson.

2. Minutes of the previous Annual Parish Meeting

The minutes of the Annual Parish Meeting 2023 were received as a correct record.

3. Matters Arising

There were no matters arising from the last meeting.

4. Election of Churchwardens

Two nominations received from existing wardens William Nye and Sarah Daniels. No other candidates were presented.

William Nye and Sarah Daniels were unanimously elected as churchwardens for another term.

5. Any other business

No other business was raised

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Annual Parochial Church Meeting

1. The Reports

i. Clergy Reports

Revd Clare Dowding presented reports from herself, Fr Michael Fuller and Revd Donna McDowell.

Revd Donna McDowell thanked the congregation of St Cyprian’s as she approaches the end of her curacy in the parishes of St Paul’s and St Cyprian’s.

Fr Michael Fuller spoke to his report and thanked William Nye and Sarah Daniels for serving as Churchwardens.

Revd Clare Dowding thanked Fr Michael Fuller for his devoted ministry to St Cyprian’s; this was echoed by William Nye and Sarah Daniels.

ii. The Electoral Roll

The Electoral Roll stands at 66.

The full revision of the Electoral Roll will take place next year.

Revd Clare Dowding thanked Chan Mayor for serving as Electoral Roll Officer.

iii. The Annual Report

The Annual Report was presented and individual reports were spoken to, including the Churchwardens’ Report – Fabric, goods and ornaments; Music Report; Finance Report; Eco Church Report; and Bookings and Community Report.

iv. Financial Report

The finance report was presented. Revd Clare Dowding asked members to consider standing as PCC Treasurer following Will Parry’s decision to step down.

v. Annual Fabric Report

William Nye presented the Churchwardens’ Report noting the works undertaken in 2023. Noting the works done in preparation for the Triennial Visitation completed by the Archdeacon of London; the appointment of the Quinquennial Architect, Camilla Finlay; and the new white vestment set commissioned from Jacquie Binns and blessed by Rt Revd Sarah Mullally, Bishop of London, at the Confirmation service on Trinity Sunday.

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vi. Deanery Synod Report

Revd Clare Dowding presented the Deanery Synod Report. Revd Clare asked members to consider standing as Deanery Synod Representative.

2. The elections and appointments

i. Election of representatives to Deanery Synod

No members stood for election to the Deanery Synod.

ii. Election of PCC members

Currently 2 vacancies on the PCC. Revd Clare invited nominations from the floor for members of PCC. No members stood.

The PCC were thanked for their ongoing service to the life of the church.

iii. Appointment Independent Examiner

MASY Associates were appointed as independent examiner.

3. Safeguarding

The Safeguarding Statement was unanimously approved for 2024. Revd Clare asked that members give thought to standing as Parish Safeguarding Officer given William Nye’s long-service and existing commitments at Churchwarden.

Closing prayers.

Revd Clare invited Fr Michael to offer the closing prayers.

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Appendix: Annual Accounts

Parochial Church Council of St Cyprians Clarence Gate, Glentworth Street, London, NW16AX

31st December 2024

MASY Associates Ltd 23a Craven Terrace London W23QH

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Parochial Church Council of St Cyprian Clarence Gate

Independent Examiner's report to the member/trustees of St Cyprians Church, London NW1 6AX

I report on the accounts for the year ended 31st December 2024, which are set out on the following pages.

Respective responsibilities of the Trustees and Independent Examiner

Parochial Church Council of St Cyprians

The charity's trustees consider that an audit is not required for this year (under section 43(2) of the Charities Act 1993 (the Act)) and that an independent examination, is needed.

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 the management committee concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in a full audit, and consequently I do not express an audit opinion on the accounts.

Independent Examiner's Statement

In connection with my examination, no matters have come to my attention

  1. which give me reasonable cause to believe that in any material respect the requirements. a) to keep accounting records in accordance with s.41 of the Act; or

b) to prepare accounts which accord with these accounting records have to been met; or

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

MASY Associates Ltd 23a Craven Terrace London W23QH

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Parochial Church Council of St Cyprians Clarence Gate, Glentworth Street, London, NW1 6AX

31st December 2024

Parochial Church Council of St Cyprians Clarence Gate

Independent Examiner's report to the member/trustees of St Cyprians Church, London NW1 6AX

I report on the accounts for the year ended 31st December 2024, which are set out on the following pages.

Respective responsibilities of the Trustees and Independent Examiner

Parochial Church Council of St Cyprians

The charity's trustees consider that an audit is not required for this year (under section 43(2) of the Charities Act 1993 (the Act)) and that an independent examination is needed.

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 the management committee concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in a full audit, and consequently I do not express an audit opinion on the accounts.

Independent Examiner’s Statement

In connection with my examination, no matters have come to my attention

  1. which give me reasonable cause to believe that in any material respect the requirements. a) to keep accounting records in accordance with s.41 of the Act; or

  2. b) to prepare accounts which accord with these accounting records have to been met; or 2. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

MASY Associates Ltd 23a Craven Terrace London W2 3QH

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Financial Statements for the Year Ended 31
December 2024
Receipts and Payments Accounts
Note
Receipts
Voluntary Receipts:
Planned Giving
Cash Collections at services
SUMup donations
All other giving/voluntary receipts
Legacies
Gift Aid recovered
TOTAL
Activities for generating funds
4a
Investment Income
4b
Church Activities
4c
Total Receipts
Payments
Church Activities:
Parish Share
Clergy and staffing costs
4d
Church running costs 4e
Mission giving
4f
Mission expenses, hospitality
TOTAL
Cost of generating funds
Bank charges
Total payments
Excess of receipts over payments
Investment CCLA Shares
Cash at bank 01/01/24
Cash at bank 31/12/24
Movement of Funds
Unrestricted
Unrestricted
Designated
Fund
Fund
Restricted
Fund
£
£
£
25,718.43
1,375.70
1,759.97
5,506.57
3,061.50
-
8,773.61
43,134.28 -
3,061.50
109.79
77,208.44
120,452.51 -
3,061.50
28,000.00
32,899.05
62,162.83
3,742.21
100.00
113.20
Unrestricted
Unrestricted
Designated
Fund
Fund
Restricted
Fund
£
£
£
25,718.43
1,375.70
1,759.97
5,506.57
3,061.50
-
8,773.61
43,134.28 -
3,061.50
109.79
77,208.44
120,452.51 -
3,061.50
28,000.00
32,899.05
62,162.83
3,742.21
100.00
113.20
Total 2024
£
25,718.43
1,375.70
1,759.97
8,568.07
-
8,773.61

Total 2023
£
22,265.62
1,321.50
4,145.99
8,639.24
3,362.67
39,735.02
5,000.00
3,014.03
75,937.69
123,686.74
27,000.00
42,729.29
73,197.80
106.00
-
46,195.78
-
109.79
77,208.44
123,514.01
28,000.00
32,899.05
65,905.04
100.00
113.20
123,275.08 -
3,742.21
-
171.98
123,447.06 -
3,742.21
(2,994.55) -
(680.71)
2,831.50
-
-
127,017.29
-
171.98


143,033.09
195.05
143,228.14
(19,541.40)
127,189.27
(3,675.26)
2,831.50
Current Acc
Reserve Acc
Investment A/c
1,497.73
1,310.94
3,119.84
2,126.44
3.29
2,955.02
(843.76)
TOTAL
5,928.51
5,084.75
(843.76)
(19,541.40)

22

Statement of Assets and Liabilities

Statement of Assets and Liabilities
Cash Funds
Notes
Bank Current Account
Bank Reserve Account
Investment Assets
Investment deposit
2A
Investment Fund Shares at 2B
market value
Unrestricted
Funds (£)
Designated
Funds (£)
Restricted
Funds (£)
Total 2024 (£)
2,126.44
2,126.44
3.29
3.29
Total 2023 (£)
1,497.73
1,310.94
2,129.73
-
-
2,129.73
2,808.67
2,955.02
2,955.02
3,119.84
19,577.93
75,525.60
9,233.72
104,337.25
102,002.57
22,532.95
75,525.60
9,233.72
107,292.27
105,122.41

Notes

1 The financial statements of the PCC have been prepared in accordance with the Church Accounting Regulations 2006 using the Receipts & Payments basis.

2A CCLA deposit fund CB3029663-001

2B CCLA investment fund CB3029664-001 (4,512.33 shares)

3 The movements in restricted and designated funds during 2024 were:

RESTRICTED
Music
TOTAL
DESIGNATED
Patrick Graham Fund
TOTAL
Bal B/fwd
Receipts
£
£
9,914.43
3,061.50
9,914.43 3,061.50
75,525.60
-
75,525.60
-
Bal B/fwd
Receipts
£
£
9,914.43
3,061.50
9,914.43 3,061.50
75,525.60
-
75,525.60
-
Payments
£
(3,742.21)
(3,742.21)
-
-
Bal C/fwd
£
9,233.72
9,233.72

75,525.60

75,525.60
85,440.03 3,061.50 (3,72.21) 84,759.32

23

4 Further Analysis of Receipts and Payments


Receipts
a) Activities for generating funds:
Fabric grants and projects
Other
b) Investment Income:
Interest on CCLA Investment Funds
Bank Interest
c) Church Activities:
Fees for weddings and funerals - parochial fees
Trading income
Church lettings
Sundry Refunds
Other
Payments
d) Clergy and staffing costs
Salaries
Tax and NI and pensions
Staff expenses/costs
e) Church running expenses:
Organ and piano inspection/maintenance
Costs of services
Office costs
Church building running expenses and insurance
Church refurbishment, repairs & maintenance
Professional fees
Assigned fees to LDF
Sundries (including refunds)
f) Mission giving and donations:
Miscellaneous
Unrestricted
General Fund
Restricted Fund
Total 2024
Total 2023
£
£
£
£
-
-
-
5,000.00
-
-
-
-
-
-
-
5,000.00
-
-
-
2,993.26
109.79
-
109.79
20.77
109.79
-
109.79
3,014.03
280.00
-
280.00
2,497.00
725.00
-
725.00
1,637.16
71,117.52
-
71,117.52
69,157.57
-
-
-
2,645.96
5,085.92
-
5,085.92
-
77,208.44
-
77,208.44
75,937.69
28,699.05
-
28,699.05
33,100.40
-
-
-
59.20
4,200.00
-
4,200.00
9,569.69
32,899.05
-
32,899.05
42,729.29
1,410.82
-
1,410.82
2,169.91
9,949.16
3,742.21
13,691.37
14,896.37
9,896.30
-
9,896.30
3,765.73
22,330.07
-
22,330.07
19,280.03
16,104.84
-
16,104.84
30,334.73
2,451.64
-
2,451.64
2,046.03
-
-
-
150.00
20.00
-
20.00
555.00
62,162.83
3,742.21
65,905.04
73,197.80
100.00
-
100.00
106.00
100.00
-
100.00
106.00

24

Collect for St Cyprian, Feast Day 15[th] September

Holy God, who brought Cyprian to faith in Christ, made him a bishop in the Church, and crowned his witness with a martyr’s death; grant that, after his example, we may love the Church and her teachings, find your forgiveness within her fellowship and so come to share the heavenly banquet you have prepared for us; through Jesus Christ your Son our Lord, who is alive and reigns with you, in the unity of the Holy Spirit, one God, now and forever.

25