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2023-12-31-accounts

Trustees' Annual Report for the period

Period start date Period end date 1[st] January 2023 31[st] December 2023 From To

Section A Reference and administration details

Charity name[THE PAROCHIAL CHURCH COUNCIL OF THE ] ECCLESIASTICAL PARISH OF ST JOHN, WALTHAMSTOW

Other names charity is known by St John’s PCC, Walthamstow

Registered charity number (if any) 1179140

Charity's principal address 18 Brookscroft Road,

Walthamstow

Postcode E17 4LH

Names of the charity trustees who manage the charity

1
2
3
4
5
6
7
8
9
10
11
12
13
Trustee name Office (if any) Dates acted if not for whole
year
Name of person (or body) entitled
to appoint trustee (if any)
Revd Kieran Bush Chair
Mrs Ann Nurcombe Churchwarden
Mr Stuart Christie Churchwarden
Mrs Elaine Barnett-Page PCC Secretary
Mr Jerome Ilenotuma Treasurer
Miss Cori Bromfield
Mr Tim Cole
Ms Diane Collins
Mr Orall Cornelius Until 14thMay2023
Mr James Doo Until 14thMay2023
Mr AnthonyLui Until 18th November 2023
Mr Rajesh Thanasingh
Ms Sandra Wallace Until 4 March 2024

Section B Structure, governance and management

Description of the charity’s trusts

The Parochial Church Councils (Powers) Measure 1956 as amended and Type of governing document the Church Representation Rules (contained in Schedule 3 to the (eg. trust deed, constitution) Synodical Government Measure 1969 as amended). Trust

How the charity is constituted

(eg. trust, association, company)

The method of appointment of PCC members is set out in the Church Trustee selection methods Representation Rules. All regular church attendees are encouraged to (eg. appointed by, elected by) register on the Electoral Roll and we look to encourage those who share our aims (see below) to stand for election to the PCC.

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Additional governance issues (Optional information)

You may choose to include additional information, where relevant, about:

Trustees are inducted and reminded of their duties each year in the first PCC meeting after the Annual Parochial Church Meeting.

Trustees receive information and training annually linked to Safeguarding, GDPR and conflicts of interest.

Section C Objectives and activities

Summary of the objects of the charity set out in its governing document

St John’s PCC has the responsibility of co-operating with the incumbent, the Revd Kieran Bush, in promoting in the ecclesiastical parish the whole mission of the Church, pastoral, evangelistic, social and ecumenical. It also has maintenance responsibilities for the church buildings.

The PCC’s charitable objects (‘Promoting in the ecclesiastical parish the whole mission of the Church’) are primarily focused on the advancement of religion, which is recognised as a charitable purpose having public Summary of the main benefit. All regular public worship is provided free of charge and open to activities undertaken for the all. In addition, the PCC’s activities have further public benefits; for public benefit in relation to example, teaching and taking assemblies offer advancement of these objects (include within education which is recognised as a charitable purpose having public this section the statutory benefit. Donations to other charities and our own projects provide public declaration that trustees have benefits in the relief of poverty and need, whether within or outside the had regard to the guidance ecclesiastical parish, often for minority groups with particular needs such issued by the Charity as the elderly. Commission on public benefit) All trustees have received the guidance issued by the Charity Commission on public benefit and hereby declare that we have continued to focus on the public benefit that our charity provides.

Additional details of objectives and activities (Optional information)

You may choose to include The PCC does not have a formal grant making policy, nor does it have a further statements, where business plan. It will bear in mind it’s charitable purpose and those relevant, about: promoting a Bible-based evangelical faith when determining who will receive grants.

• policy programme related The PCC is very grateful to all those who give their time to volunteer in investment; the life of the church. These volunteers undertake a variety of roles in line with the objectives and activities of the Charity.

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Section D Achievements and performance

Achievements and performance Summary of the main Church attendance achievements There are 92 parishioners on the Church Electoral Roll, 51 of whom are not resident within of the charity the parish. 8 names were added during the year and 10 were removed either because they during the moved away from the parish, no longer attended, or died. The average weekly attendance, year counted during October, was 73 (48 adults and 25 children). Small numbers continue to watch regularly on Zoom and YouTube. This number increased at festivals.

Review of the year

If 2022 was a year when St John’s Church family started to re-emerge after Covid, 2023 was a year when we sought to look inwards less and outwards more. We sent:

There were also many other things to be thankful to God for:

The full PCC met 7 times during the year with an average level of attendance of 74 percent. The standing committee (comprising the Incumbent, Wardens, Cori Bromfield (Women and Families’ Workers) and Tim Cole (Minister in Training)) met occasionally to discuss and implement day-to-day maintenance issues and administration, and also communicated via email and WhatsApp.

In the first half of the year, the church has been very ably served by servant-hearted and very gifted Oak Hill students: James D and Tim G (and his wife Nichola). However, falling student numbers at Oak Hill, mean we did not receive any placement students from the autumn onwards. We have also been served by a number of visiting preachers.

During the year, St John’s spiritual relationship with the Church of England changed as a result of the House of Bishops’ proposals to bless sexual relationships outside Biblical marriage. St John’s PCC felt compelled to resist these proposals and wrote to our Bishops:

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Section D Achievements and performance

During Spring 2024, instead of agreeing updated priorities for 2024, the PCC worked on mildly adapting our current vision and values into an updated vision and goals for 20242029 as follows:

Vision : We want to see North Walthamstow transformed by Jesus, one life at a time Mission : to help everyone at St John’s to grow in learning, loving, serving & sharing Jesus Strategy:

Critical Success Factors (CSFs): Making disciples, growing disciples & retaining disciples

Key Performance Indicators (KPIs):

Objectives + Key results (OKRs): (Spring 2024)

The PCC also identified the following key questions:

In 2023, the major areas of building work completed was upgrading our electrical installation in line with the latest guidance. This included replacing all 5 fuse boards and significant rewiring.

In addition, we continued removing old furniture (in line with the faculty granted in 2021)

The PCC has discussed and taken the following actions:

Agreed updated rental agreements

Adopted the updated +Ebbsfleet commitments including completing a culture review – the PCC noted so much to be thankful for as well as areas for future growth.

Headings discussed included:

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Section D Achievements and performance

With regard to the PCC's obligations to safeguard children and vulnerable adults, the members of the PCC confirm that they have complied with their duties under section 5 of the Safeguarding and Clergy Discipline Measure 2016.

The last quinquennial inspection was held in July 2023.

The following urgent repairs were identified: 1 West Nave gable: resecure loose lead flashings (4.1). 2 Felt layers separating on nave roof risk point of water entry and need re-securing (5.4). 3 East end garden/playground- - install fence (6.2; 12.1). 4 Nave west end: refix plastic soil vent pipe (6.5). 5 Nave roof: re-arrange insulation to give even coverage (8.1.1). 6 South Lobby: remove loose section of stonework at head of arched opening. (9.6) 7 Electrical services: undertake recommendations from 2022 inspection (11.1). 8 West boundaries: rebuild sections (12.1). In 2023, we focused on undertaking recommendations from the 2022 inspection.

Section E Financial review Our reserves policy states that:

Our reserves policy states that:
Brief statement
of the charity’s
policy on
reserves
Details of any
funds
materially in
deficit
The PCC aims to keep 3 months running costs (including salary costs) in cash reserves
in case of a major problem (=£60,000).
The PCC was previously seeking to reduce our reserves (through building upgrades in
2019 and salary costs). Given planned building upgrades, the PCC will seek to maintain
reserves in the short term, but will review this policy in future.
N/A

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Further financial review details (Optional information)

Youmay
chooseto
include
additional
information,
where relevant
about:

the charity’s
principal
sources of
funds
(including
any
fundraising);

how
expenditure
has
supported
the key
objectives of
the charity;

investment
policy and
objectives
including any
ethical
investment
policy
adopted.
The primary source of income is the giving of church members, together with Gift Aid &
GASDS received on these donations. This is either through planned giving, church
collections or other donations. Being a local church, we know our regular donors, and the
giving of visitors is at a low level in relation to our overall income.
St John's receives income from renting parts of the Church building to local businesses
and charities.
Fees in line with Church of England guidelines are charged for occasional services e.g.
weddings and funerals.
From time to time we may apply for grants for maintenance of our building to English
Heritage, the Listed Places of Worship Grant Scheme or some other heritage grant
maker. We may also apply to the Diocese or other grant makers including London over
the Border for support with other projects the PCC wishes to undertake in furtherance of
its charitable objects.
Each year the PCC agrees a budget which is in line with the overall objectives as defined
above and the specific priorities for the year ahead. This involves seeking to maintain in
good condition the buildings and land the trustees are responsible for.
Financial update to the end of 2023.
Summary: God continues to provide abundantly for St John’s, despite our 2023
accounts showing a year on year loss of £25k.
Income
Giving- The single most exciting line in our accounts is the increase in standing order
gift-aided giving (to over £72k). Total giving rose by 19% in 2021 another 28% in 2022
and now another 25% in 2023 to over £87k. This will also increase how much we can
reclaim via gift-aid in 2024.Praise God!
Rental income- This increased significantly post-Covid. There were 2 outstanding rent
payments due at the end of 2023. Once these were paid, rental income increased
slightly to £112k.Praise God!
Other– We received 2 grants from London Over the Border (LOB) towards our new
chairs (£7.5k), and towards higher utility costs (£1k).
Our total income is up significantly from 2022 - £223k compared to £195k. Praise
God!
Expenditure
Parish share– This remains our single biggest outlay (£53k). The PCC again made
donations to the Essex and East London Good Stewards Trust for our Parish Share.
However, the EELGST trustees agreed to pause making grants to the Diocese at our
request after February 2023. We made extra donations to partner churches as agreed by
the PCC in 2022.
Building Upgrades– During 2023, over £60k was spent making required electrical
upgrades to our fuse boxes and wiring. This (hopefully one-off expenditure) was the main
reason our accounts were in deficit in 2023.Praise God!
Staff costs– the major difference was employing Tim Cole. This cost £27k in 2023
(compared to £8.5k in 2022). We also continued to employ Cori Bromfield and Hellen
Allen as our cleaner (all incredibly good value!)
Utilities– our gas bills quadrupled and electricity bills doubled from October 1st2022.
However, due to careful management, total bills only increase from £8k to £20k.
Other –as planned we spent significantly more on missionary giving and training,
however we spent less on Youth and Children’s work (because we employed Tim Cole
instead) and less on regular building maintenance and office costs.
Our total expenditure jumped significantly - £248k compared to £184k. However,
given the significant electrical expenditure we still have much to praise God for.

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Overall in 2023 our accounts show a loss of over £25k. However, we were owed nearly £7k in rental arrears. Given all we have spent, there is still plenty to praise God for and our position going forwards still looks very healthy.

Reserves: This means that by the end of 2023, our reserves were still £118k. This is a very healthy place to be. Praise God!

God-willing, this means we are well placed not only to carry out the major upgrades to our main meeting space we want to make in the next 2 years. St John’s are able to continue functioning for the foreseeable future.

Section F Other optional information

Section G Declaration

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

Signature(s) Kieran Bush Ann Nurcombe Full name(s) Kieran Bush Ann Nurcombe Position (eg Secretary, Chair, etc)[Chair / Vicar ] Church Warden Date 18/4/2024

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Independent examiner's report to the

PAROCHIAL CHURCH COUNCIL (PCC) OF

THE ECCLESIASTICAL PARISH OF ST JOHN, WALTHAMSTOW

This report on the financial statements of the PCC for the year ended 31 December 2023, which are set out on pages 9 to 11 following, is in respect of an examination carried out in accordance with the Church Accounting Regulations 2006 ('the Regulations') and s.145 of the Charities Act 2011 ('the Act').

Responsibilities and basis of report

As members of the PCC you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).

I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

My examination was carried out in accordance with the General Directions given by the Charity Commissioners under section 145 (5) (b) of the Act and to be found in the Church guidance, 2006 edition. That examination includes a review of the accounting records kept by the PCC, and a comparison of the accounts with those records. It also includes considering any unusual items or disclosures in the financial statements and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the view given by the accounts.

Independent Examiner's Statement

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

  1. Accounting records were not kept in respect of the Trust as required by section 130 of the Act; or

  2. The accounts do not accord with those records.

I have no concerns and have come across 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 accounts to be reached.

Lourens du Plessis

Lourens du Plessis, ACA CA(SA)

Date: 20 April 2024

56 Kinglake House, Denman Avenue, UB2 4GA

Page 8

Charity Name No (if any) THE PCC OF THE ECCLESIASTICAL PARISH OF ST JOHN, 1179140 ~~WALTHAMSTOW~~ Receipts and payments accounts CC16a For the period 01-Jan-23 31-Dec-23 To from

Section A Receipts and payments Section A Receipts and payments
A1 Receipts
a.Donations Gift Aid:
Unrestricted
funds
to the nearest £
405
72,026
4,571
500
4,234
1,611
-
2,846
22,735
47,145
30,409
100
-
-
-
3,906
1,200
15,717
605
1,170
-

209,181
.
-
-
-
209,181
Restricted funds
to the nearest £
-
4,500
1,000
8,545
-
14,045
-
-
-
14,045
Endowment funds
to the nearest £
-
-
-
-
-
-
-
Total funds
to the nearest £
405
72,026
4,571
500
4,234
6,111
-
2,846
22,735
47,145
30,409
100
-
-
-
3,906
1,200
-
15,717
1,000
-
8,545
605
1,170
-
223,226
-
-
-
223,226
Last year
to the nearest £
DONATION GIFT AID PLATE COLLECTION 405 2,619
STANDING ORDER(GIFT 72,026 55,476
GIFT DAY(Gift Aided) 4,571 8,440
LEGACY
b.Donations Non Gift Aid:(DNGA)
500
DNGA PLATE COLLECT 4,234 3,870
STANDING ORDER NGA 1,611 110
GIFT DAY(NON GIFT AIDED) - -
OTHER INCOME 2,846 1,386
c.Lettings:
WALTHAMSTOW MONTESSORI SCHOOL
(ST JOHN'S)
22,735 22,073
WALTHAMSTOW MONTESSORI SCHOOL (
PENHRYN HALL)
47,145 50,023
VESTRY SCHOOL OF DANCE 30,409 34,419
CHURCH HALL LETTINGS 100 1,290
FOREST PHILHARMONICAL - -
WALTHAM FOREST ALLOTMENTS - -
RENT FROM NON CHURCH PROPERTY - -
CUB/SCOUTS 3,906 2,591
RED BALOON
d.Other Sources
1,200
-
GIFT AID RECOVERY 15,717 12,301
(GRANT) LONDON OVER BORDER(LOB)
YOUTH PROJECT
-
(GRANT) LONDON OVER BORDERLOB
WOMEN AND FAMILY WORKER
-
GRANTS MAJOR STRUCTURAL RENEWAL
BANK INTEREST ON CCLA & CURRENT
ACCOUNT
605 271
CHURCH FEES RECEIVED 1,170 504
- -
Sub total(Gross income for AR)
209,181
195,373
.
A2 Asset and investment sales,
(see table).
- -
- -
Sub total - -
Total receipts
209,181 195,373

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A3 Payments

a. Church Related

a. Church Related
SHARE TO DIOCESE 51,522 - - 51,522 53,163
FEES PAID TO DIOCESE 1,119 - - 1,119 122
INSURANCE(MAIN) 4,365 - 4,365 4,049
UTILITIES 19,237 1,045 20,282 8,053
MUSIC AND WORSHIP 2,200 - 2,200 1,743
CLERGY EXPENSES 302 - 302 142
TRAINING 6,082 - 6,082 3,748
VICARAGE COSTS - - - 7,048
OUTREACH & EVANGELISM 547 - 547 764
EQUIPMENT AND PLANT MAINTENANCE 4,629 - 4,629 7,235
CLEANING AND CONSUMABLES 7,949 - 7,949 7,501
PENHRYN HALL INSURANCE 1,471 - 1,471 1,245
PENHRYN HALL MAINTENCE & UTILITIES
-
- - -
STAFF COSTS
- -
CHURCH WORKER 27,126 - 27,126 8,471
WOMEN AND FAMILIES' WORKER 40,147 - 40,147 38,508
RENT AND COUNCIL TAX - - - -
b. PARISH ADMIN
OFFICE RUNNING COST 2,524 2,524 3,554
INDEPENDENT EXAMINER FEE 514 - 514 510
BANK CHARGES 272 272 297
c. AWAY GIVING CHURCH FUNDS
LINK LINK - - -
MISSIONARY GIVING 14,990 14,990 9,100
d. SPECIAL ACTIVITIES
BUILDING MAINTENANCE - - -
CAPITAL PROJECT 60,640 60,640 26,492
YOUTH PROJECT 310 1,000 - 1,310 2,595
**Sub total ** 245,946 2,045 - 247,991 184,341
A4 Asset and investment
purchases, (see table)
- - - - -
- - - - -
**Sub total ** - - - - -
Total payments 245,946 2,045 - 247,991 184,341
Net of receipts/(payments) - 36,765 12,000 - - 24,765 11,032
A5 Transfers between funds 7,500 - 7,500 - - -
A6 Cash funds last year end 143,164 - - 143,164 132,132
Cash funds this year end 113,899 4,500 - 118,399 143,164

Page 10

Section B Statement of assets and liabilities at the end of the period Section B Statement of assets and liabilities at the end of the period Section B Statement of assets and liabilities at the end of the period
Categories
Signed by one or two trustees on
behalf of all the trustees
B5 Liabilities
B4 Assets retained for the
charity’s own use
B3 Investment assets
B2 Other monetary assets
B1 Cash funds
Signature
Details
Details
Details
Details
HMRC Gift Aid receivable for the FYE 2023
estimated at
WALTHAMSTOW MONTESSORI SCHOOL(
PENHR HALL) DEC 2023
Total cash funds
(agree balances with receipts and payments account(s))
Details
1101 : BARCLAYS PCC ACC
COMMUN
1102 : PETTY CASH
1103 : CCLA DEPOSIT ACC
Jerome Ilenotuma
Ann Nurcombe
Unrestricted funds
Restricted funds
to nearest £
to nearest £
95,275
4,500
266
-
18,357
-
113,899
4,500
OK
OK
Unrestricted funds
Restricted funds
to nearest £
to nearest £
18,078
-
4,379
-
-
-
-
-
-
-
-
-
Fund to which asset
belongs
Cost (optional)
-
-
-
-
-
Fund to which asset
belongs
Cost (optional)
-
-
-
-
-
-
-
-
-
Fund to which liability
relates
Amount due
(optional)
-
-
-
Print Name
JEROME ILENOTUMA
ANN NURCOMBE
Endowment funds
to nearest £
-
-
-
-
OK
Endowment funds
to nearest £
-
-
-
-
-
-
Current value
(optional)
-
-
-
-
-
Current value
(optional)
-
-
-
-
-
-
-
-
-
When due (optional)
Date of approval
Jerome Ilenotuma JEROME ILENOTUMA 18/4/24
Ann Nurcombe ANN NURCOMBE 18/4/24

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