Charlty number: 118ZY43 THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARY THE VIRGIN, LEWISHAM REPORT AND UNAUDITED ACCOUNTS for the year ended 31 December 2023 Field Sulllvan Llmlted Chartered A(counlaThts 9 Hafe & Blllet Road london SE3 ORB
THE PAROCHIAL CHURCH COUNCIL OF ThE ECCLESIASTICAL PARISH OF ST MARY THE VIRGIN, LEWISHAM status,. Charlty reglstratlon number 1182343 Incumbent: Revd Steve H311 Address: 346 Lewi5ham Hlgh Street Lew15ham London SE13 6LE PCC members., Rev Stephen Hall Fr. Max MaT5h Icuratel Joan McKenzle (Deanery 5ynodl Jennlfer Henry (Deanery Synodl Annette Moses Trevor Oixtsn loy Ivacovlc Ichurchwardenl Mark Symons Heather Barclay Julia PrlnE IDeanerySynodl Alllster Walker lappointed 14 May 20231 clara Kalu lappoSnted 14 May 20231 julian Lahai-Taylor lappointed 14 May 20231 Marlon Wat50n (Lay-readerl Paul Wynter ILay-readerl Monlca Smlth ISPAI Elizabeth Evans ISPAI Wendy Dean ISPAI Marcla McKenzie Chrls Strlngfellvw Peter Larking Independènt examlner: Fleld Sulllvan Llmitsd Chartered AccouTltantS 9 Hare & Billet Road London SE3 ORB Banker5'. Nat West 159 Rushey Gree Catford London SE6 4BJ Pag9 1
THE PAROCHIALCHURCH COUNCILOFTHE ECCLESIASTICAL PARISH OF ST MARYTHE VIRGIN, LEWISHAM Report of the Paroch131 church Councll for the year ended 31 December 2023 The Parochlal Churth Coun¢ll present their report and flnancial Statements for the year ended 31 December 2023. The financial statements have been prepared In accordance wlt* the accountlng policles set out In note I to the flnanclal statements and comply with the Parochlal Church Councll (Powers) Measure 1956, thÈ Church Accounting Regulatlons 2006, the Charltles Act 2011 and "AccDuntlng and Reporting by charlties.. StatemeTrt of Recommended Pr3Ctlce appllcable to charitles preparlng their accounts In accordance wlth the Flnancial Reporting Standard appllcable in the UK and Republlc of Ireland IFRS 1021" (effective from l January 20191. Alms, oble¢tlves and Actlvltles In accordance wilh the PCC (Powers) Measure 1956, the PCC of St Mary the Virgin Is responslble for worklng wlth the Incumbent In promotlng the mlsslon of the church- 5ummarlsed In Its Renewal programme 2015 based on Blshop Chylstopherfs Falth, Hope and Love, and Its revSsed Renewxl programme 2020. The PCC seeks to shape 311 It does so as to support this mlssion-through the staff It employ5, the flnanclal support It offers to Indlvlduals and other entitles, the groups that meet each week, also the way the PCC itself Is orBani52d and sets its agenda. St Mary's Paro¢hlal Church Councll has the responslblllty of co.operatlng wlth the Incumbent, the Fr Steve Hall, in promotlng In the parlsh the whole m15sion of the church, p35toral, evangellstlc, soclal and ecumenlcal. It also has maSntenance re5ponsSbllltles for the church Complex of St Mary the Vlrgln, Lew15ham, The Parochial Church Councll have paid due regard to guidance Issued by the Charlty Comrnlsslon in decldlng what activltSes the chur¢h.should undertake. In cDmmDn wlth many churches, the charlty Is heavily reliant on volunteers who assist In many aspects of church Ilfe. The value of their Input cannot be quantlfled and the trustees are very grateful to all those who give of thelr seFvlces voluntarlly. Achlevements and pprformance There are 122 parlshloners on the Church Electoral Roll, 75 of whom are resldent outside the parish. 2 names were removed durlng the year elther through death or because they moved away from the parlsh. St Mary the Virgln has remalned commltted to Its vislon of Renewal through regular Sunday servlces, mldweek actlvltles, open church, Its Therapeutlc Garden, spe¢lal events, and by the Ilfe and wltness of members of the congregation. Followlng the dlfficult years through the Covld pandemlc, St Mary's has returned to slgns of gn)wth In attendance, Income and personal faith. Our regular attendance for weekday and Sunday 5ervlces 15 close to pre-pandemlc levels. We have restored our prevlous actlvltles wlth ¢oncerts and exhlbltlon5, vlslts from local schools and mental health, NHS and other support groups for the wlder community. We have contlnued to Ilve5trepm servlces, Investlng In equlpment and expertlse, and thls now has a strong Internatlonal followln& Ilnked to families and frlends of those in our congrÈgation, Pagè 2
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARY THE VIRGIN, LEWISHAM Report of the Parochlal church Council for the year ended 31 December 2023 In the past yearwe have 5trenghtened our work wlth Children and Young People ICYPI and continue to 5nvest in this vital part of our miss10n. Regular reports from various 5ub-group5 of the pcc have been presented to the Councll coverlng arèas of Finance, Management, Bulldlngs and varlou5 areas of mlnlstiy wlthin the Ilfe of the thurch. Public b¢nellt statement The Trustees confirni that they have had due regard to the publlc benefil guidance publlshed by the Charity Commisslon In detemiinlng the actlvltles undertaken by the Charltv. Financlal revlew st Mary'5 depends on the generosity of the tongregatlon to meet its flnanclal needs. The results for the year are set out in the Statement of Flnanclal Adlvities. A deficlt on unrestrlcted fund5 of £4,19212022'. £2,170 5urplusl arose In the year. It is the pollcy of the Church that unrestricted funds whlch have not been de51gnated for a speclflc use should be malntained at a level equivalentto bÈtween three and slx month's expenditure. The Parochial Chtjrch Councll conslders that reserves at thi5 level wlll erU[e that, in the eveni of a 55gnlflcant drop In funding, they wlll be able to contlnue the Church's current activStle5 while conslderatlon Is glven to ways In whl¢h additional fund5 may be raised. Three months unrestrltted expendlture amounts to approxlmately £25,000 and while the unrestrlrted fund balance in net current assets amounted to £7,60412022'. £11,796) the Parochlal Church Council are glvlng conslderatSon to how addltional funds may be ralsed and reserves strengthened. The Parochial Church Council has assessed the major risks to whlch the Church Is exposed, and are sati5fSed that systems are In place to mltigate exposure to the major risks. structure, governari¢e and management The Parochlal Church Councll is a corporate body establlshed by the Church of England. The Paiochlal Church Councll operates Ltnderthe Parochlal Church Councll (Powers) Measure 1956.The PCC of St Marv the Virgin Church15 a reglstered charlty111823431, formally registered 6 March 2019. st Mary the Vlrgln Par15h Church Is situated at 346 Lewlsham Hlgh Street, London SE13 6LE. It Is in the East Lewisham Deanery of the Diocese of Southwark. Referen and admlnlstratlve Informatlon Is provlded on the page following the cover sheet. Members of the PCC are either ex-officlo or elected by the Annual Paroch1 church Meetlng In accordance wlth the Church Representation Rules. Members of the PCC are the tru5tee5 of the Church charity. Page 3
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARY THE VIRGIN. LEWISHAM Report of the Parochlal church Counc51 for the year ended 31 December 2023 PCC members who have served from l January 2023 untll the date th15 report was approved are: Vlcar.. Fr, Stephen P Hall (Chalrl other LScen5ed Minlsters.. Fr. Max Marsh Icuratel Readers.. Marion Watson Paul Wynter Warden,. loy Ivackovlc Southwark Pastoral AuxillarSes ISPA%l: Monlca Smlth Llz Evan5 Wendy Dean Elected Repre5entatlve on Dlocesan SyTrod: Jennlfer Henry Elected Representatives on Deanery Synod.. lennlfer Henry julia Prlng loan McKenzle Elected Members of the PCC.. loy Ivackovlc ILay Chalrl Mark Symons (Treasurerl Heather BaTclay Annette Moses Trevor Dixon Chrls Stringfellow Clara Kalu Marcia McKenzle Allister Walker Peter Larklng Jullan Lahal-Taylor The Parochlal Church Councll Is a corporate body establlshed bythe Church of England. The PCC operates under the Parochial Church Countll Power5 Measure. There were six meetlng5 of the full PCC durlng 2023 and in addStlon, there are committees which flow from the PCC and other groups which overseethe work of the churth whlch met wlth vaiylng frequency throughout the year. Reports from these corllmlttees and groups were received by the full PCC and discussed where necessary. Reports can be found In the PCC mlnutes and In the reportto the Annu31 Parochlal Church Meetlng. The 5tandin8 Commlttee 15 required by law and has powèr to transact business of the pcc between meetlngs, sublecl to PCC dlrectlons. Members Include the Vlcar, the Curate, the Lay Chalr, the Chuich W3rden, Secretary and Treasurer. Day-to-day management ofthe church and Its staff team is delegated to the Incumbent. The method of appointment of PCC members is set out in the Church Representatlon Rules. All church attendees are encouraBed to reg15ter on the Electoral Roll and stand for electlon to the PCC. Page 4
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARY THE VIRGIN, LEWISHAM Report of the Parochlal church Council for the year ended 310ecember 2023 Lewlsham Parochlal and Almshouse ChorltSes The Lewlsham Parochial and Almshouse Charities Is a Trust whlch Is separate to the Church and admlnisters the followlnB charitles.. Lewlsham Relief in Need110257791 Lewisham Education Charlty110257851 Lewi5ham Almshouse Charity of John Thackeray110257921 Lewlsham General Trust110257941 and Lewlsham Almshouse Charlties of Willlam Hatcllffe & Abraham Colfe12285141 The PCC 2nd Lewlsham Councll have the powerto appolnt trustees, The vlcar and church warden are ex officlo tru5tee5. The Trust also has a clerk who Is not a trustee. The Tieasurer of the lewlsham Parothlal and Almshouse charltles Is 3150 Treasurer of the Trust. The Trust is an umbrella charity to manage the charitles set out above. In summary, the purpose of the Relief in Need, Educatlon, and General charltles the prov151on of grant5 to indlvlduals and organ15atlons. The purpose of the John ThackEray, and Wllllam Hatcliffe & Abraham Colfe tharities 15 to prtsvlde alm5hou5es. Rellef In Need also provide almshouses. statement of PCC members, re5ponslbllltle5 The PCC members, as charltytrustees, are responsible for preparlng the Annual Report and financlal staternents In accordance wlth appllcable law and Unlted Klngdom Accountlng Standards (United Kingdom GenerBIIy Accepted Accountlng Pract1cel. The law applicable to charlties In England and Wale5 requlres the tru5tee5 to prepareflnanclal statements for each flnanclal year whlth glve a true and fair wlew of the state of affalrs ol the charity and the incomlng resources and applicatlon of resources of the charity for that perlod. In preparing those financlal statements, the trustees are requlredto.. al select suitable accountlng policles and applythem conslstently; bl observe the methods and princlple5 In the Charltles SORP,. cl make judgments and 8stlm3tes that 3re reasonable and prudent,. dl stste whether appllcable 3CCOUntlng standards and statements of recommended practlce have been followed, subj2ct to any departures d15closed and explalned In the flnanclal 5tatements,' el prepare the flnancial statements on the goln8 concern ba51s unless It Is In3pproprlate to presume that the charity will contlnue In operation. The Iru5lee5 are responslble fof keeplng proper accountlng record5 that disclose wlth reasonable accuracy at any tlme the financ5al posltlon of the charltyi and whlch enable them to ensure that the fSnanclal statements tomply wlih the Charitles Act 2011 and the Church Accovntlng Regulatlons 2006. They 3re 31so responsible for safeguardln8 the assets of the char5ty and hence for taking reasonable steps fDr the preventlon and detection of fraud and other irregularlti&s. Thi5 fEPtsrt wa5 apprtNed by the PCC and slgned on Its behalf on £(91.1. by.. N Y¢¢LL Pao8 5 1$
Independent Examiner's Reportio the Trustees of THE PAROCHIAL CHURCH COUNCIL OFTHE ECCLESIASTICAL PARISH OF ST MARY THEVIRGIN, IEWISHAM I report to the tfU5tees on my eyamSnatlon of the Ilnanclal statements of The Parochial Church Coundl of St Mary The Vlrgln, Lewi5ham I'the ch8rlt¢l for theyear ended 31 December 2023 whlch ¢omprlse tho Statement of Flnanclal Activitie5, the Balan Sheet and related notes. Th15 Teport Is made solely to the ch3rlty'5 trustees, as a bodyi In accordance wlth sectlon 145 of the Chae$ Act 2011. My work has been undertaken so that I rnlghi state to the ¢h3rltls trustees those matters l èm iequlred to state to them In thls report and for no other purpose. Tothe fullest extent permitted by law, I do not accept OT assume responslbllity to anyone other than the charlty and the charltV5 tnjstees as a body, for mywork, for thls Teport. orfor the oplnions I have formed. Responslbilltles and basls of report A5 the twstees of the charlty you are re5pon51ble lor the preparatlon of the finanual ststemeFrt5 In atcordance wlth the re4ulrement5 of the Charltles A¢t 20111'the Act'l. l report In respECt of rny examlnatlon ol the charitys ftnanclal statements carded out uDdersectlon 145 of the Act and in carrylng out my examinatlon I have followed all the appllcable Dlrectlon5 gbven by the Charlty Comm1$5ion under5ection 1451Sllbl of the Act. An independent examlnatlon doe5 not involve gatherSng all the evldence that would be requlTed In an audlt and consequently does notcover all the matter5 that an audltoi consldÈr5 in glvlnE thelr oplnlon on the linanclal statement5. The plannlng and CDnduct of an audlt goe5 beyond the Ilrnlted assuraTrcE that an Independent eKaminatlon can provlde. Consequently l express no opinion 35 to whether the financial statements pre*nt a'true and frdlrf vlew and my report Is Ilmlted to those speclffc matters s2t out in the Independent ex3mlnerfs statemenL Independent eNamlner'5 stsIEment I have completed my ex3rnination. I conflrrn that no material matters have came to my attentlon In connection with the examlnation givlnE me cause to belleve that in any materlal respect.. accounting recordswere not kept In respect of the charity as requlred by sectlon 130 of the Act; or the flnanclal statements do not accord wlth ¢h05e records,. or theflnancial statements do ntstcomplywiththe applicable requlrements ¢oncÈrnlne the form and content of accounts set out In the Charltle5 IAccouDt5 and Reports) Reeulations 2008 other than any requ5rementthalthe accounts Eive a'true nd falr vlew whlch Is not a matter considered as part of an Independent examlnatlon. I have no concerns and have Come across no other matters In Connectlon wlth the examlnatlon to whlch attentlon should be diawn this report in orderto enable a proper understanding of the financial statements to be reached. Date.. m 5ulllvan FCA Field Sulllvan Llmlted CILartered Accountants 9 Hare & Blllet Road London SE3 ORB Fleld5ullpthn Llniited Re$151Ered Iii El(ld b)ts. W14US2 Page 6
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THE PAROCHIAL CHURCH COLINCIL OF THE ECCLESIASTICAL PAR15H OF ST MARY THE VIRGIN, LEWISHAM Balance sheet asat 31 Detember 2023 Noté 2023 20ZZ Nxed Bssets Investment5 io 72,744 72,744 66,609 66,609 Current 85sHts Debtors Cash at bank and in hand Totalcurrent assets li 2,871 164,485 167,356 1,232 167,196 168,428 Credltors: amounts falllng due wlthln une yBai 12 110,6921 17,8271 160,601 Netcurrent assets 156,664 Total assets less current liablllties 229.408 227,210 Netussets 13 229,408 227,210 The fund5 01 the chaTIty. Endowment funds 72,744 66,609 Restrlrted fund5 Unrestricted funds 149,060 7,604 148,805 11,796 Totttl¢hurltylunds 14 229,408 227.210 The5eflnanclal statements were approved bythe PCC orb. g T f¢-i*L Pag8 8
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARY THE VIRGIN, LEWISHAM Notes to the accounts forthe year ended 31 December 2023 l Accountlng pollcles The principal accountlng PDllcles are summari5ed below. The 3Ctounting politie5 have been applled conslstently throughout the year and Sn the precedlng year. 111 ststutory Informatlon The Paroch121 Church Countll ol the Eccleslastical Parlsh ol St Mary the Vlrgln, Lewlsh8m is 3 corporate body e5tabllshed by the Church of England.The principal èddress Is 346 LeM5ham Hlgh StreeL Lewlsham, London, SE13 6lE. 1111 Basls of accountlng The finbncial statement5 have been prepared underthe hlstorlcal cost conventlon, Companles Act 2006, charltles Act 2011 and the Charlties Statement of Recornmended Practlce IFRS1021. The thurch meets the deflnltlon ol a publlc benellt entity under FRSIO2. The Churth has taken advantage of the pro¥Aslons In the SORP for charwes applying FRS 102 Update Bulletln I not to prepare a Statement of Cash Flow5. The finantlal statements are prepared In sterlsng, whSch Is the functlonal currency of the church. Monetary amounts in th1$ 1Snanclal 5tatEment$ are rounded to the nearest pound. 11111 Going concem These f5nanclal statements are prepared on the 8olng concBin basls. The board mernbers have a reasonable expectation that the church will contlnue In operatlonal exlstence forthe foreseeable luture, and are not èware ol any materlal unceTialntles which may cause doubt on the churth's abllStyto contlnue as a going concern. Ilvl Fund accounting General funds represent the funds ofthe PCC that are not subject to any restrlctions regardlng thelr use and are avallable for appllcatlon on the general PUTP05es ol the PCQ Funds deslgnated for a partlculai purpose by the Pccare also unre5trlcted. Restrlcted funds are those fiind5that must be spenton re5trlctsd purposes and detalls Dlthe funds held and restrl¢tlons are provlded In the notes. Endowrnentfvnd5 are 5ublect to specillc ¢ondltion5 by donors that the capltal must be malntalned by the Church. The flnanclal statements Include all transactlons, a55ets and Ilabilltie5 forwhlch the PCC Is responslble In law, They do not Include th@ financial statements of thurch groups that owe thelr maln allSllatlon to another body, nor those thai are Informal gatherlngs of church member5. Pagg 9
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PAR15H OF ST MARY THE VIRGIN, LEWISHAM Notesto the accounts for the year ended 31 De¢Èmber 2023 Iv) Incornlng regources All Incomlng resour¢e5 are Included In the 5taternent ol Ilnandal actlvltles when the PCC15 entltled to the Income and the amount can be quantlfled wlth reasonable accuracy. The followlnE 5peclllc pollcles are applled to partlcularcategorles of Income.. Collectlons bre recognlsed when Tecelved by or Dn behalf of the PCC Planned glvlng Tecelvable under Glft Ald Is recognlsed onlywhen recelved.Tax recoverable on GIftAid donatlOllS1s re¢ognlsed when the donatlon Is recognlsed. Grants and IEgacies to the PCC are accounted for as soon as the PCC Is notlfled of it5 leEal entldement, the amount due Is quantifiable and Its ultlmate recelpt bythe PCC Is reasonably certaln. Donated servltes and facllltles are included atthe value to the chèrltywhere thls can be quantified. The value ol senflces provlded by volvnteErs has not been Included In these accounts. Rental Income from lettlng ol prem15es Is recognlsed when the rental Is due. Investrnent Income Is Included when recelvable. Realised 8alns and losse5 on Investments are recogn15ed when the InvÈstrnents are 501d. Unrea115ed gains and1055es are accounted for on revaluatlon ol Investmersts at 31 December each year. Ivil Rescurces expended Expendlture Is accounted for on an accrual ba515 as a 11alV Is Incurred. Expenditure Includes anyVAT whlch cannotbe fully recovÈ¥ed, and is pOrted a5 part of the expendlture to which It relates. Costs of generatlng funds EomprSse the costs 35sodated wlth fundralsSng events. Charitable expenditure comprlses th05È costs Incurred bythe charlty IH the dellvery OF Its activltles and servl¢esfor its beneliclarSes. It Includes both costs that Can be allocated dlrectly to such actlvltle5 and those Costs ol an Indlrect nature necessary to supportthem. Grants and don£tlon5 are accounted for when pald over, orwhen awarded, If that award tteates a blndSng obligatlon on the PCC. The diocesan part5h share Is accounted for when due. Any parlsh share unpald at 31 December15 provlded for In these flnanclal statement5 as an operatlonal Ithough not a legall Ilablllty and Is shown as a CTedllor In the balance sheet. Pagelo
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARY THE VIRGIN, LEWISHAM Notesto the accounts forthe year ended 31 December 2023 Ivlll Flxed assets Consecrated propew 3nd moveable chuFchfuTnlshlngs Con5eirated and ben&f(eed property of any klnd is excluded from the accounts by s9612la Charltles Act 1993. Novalue is placed on moveable church lurnlshlngs held bythe churchwardens on 5PEcial trust for the PCC whlth requlro a facultyfor disposal. All expendlture Incurred durlng the year on consecrated or benefice buildlng5 and movable church furnlshings, whethermalntenance orlmprovemen( Is wrltten off. Yanglble flxed assets are Inltlally measur@d at Etsst and subsequentty measured at cost or valuatloTh, net of depreclatlon ènd any Impairment losse5. A55ets costlng less than £500 are wrllten off as an expense In the year In whlch the expendlture Is Incurred. Flxed asset Investments are Inltlally measured at transactlon prlce excludlng transactlon ¢ost5, and are subsequently measured at lalrvalue at each Feportlns datè. Ch3n8es in falrvalue are recognlsed In net incomellexpendlturelfor the year.Transactlon c05tS are expensed as Incuired. Ivllll Debtors Trade debtors are recognlsed Inltially at the trans3ctloTh prlce.They are subsequently measured at ornDrtised cost uning the effertlve Interest method, le55 provlsion for Impairment. A provlslon for iTnp31Tment of trade debotr51s established whÈn there ls Dble¢tive evldence that the ttustwlll not be able to wllect all amount due accordlng to the orlglnal terms of thE receivables. Ilxl Cash and cash equlvalents Cash and cash equlvalents Include cash In hand, depD51t5 held at call with bank5, Other short-term Ilquld Investments wlth oriElnal tnaturitles of three month5 or le55, and bankoverdrafts. Bank overdTafts are shown wlthln borrowln8s in Ixl Credltors Trade credltor5 are recognlsed Inltlally at the transactlon price and subsequentty measured èt amortlsed cost U51n8 the effectlve Interest method.Short term trade creditors ale measured at the transaction prlce. other flnanclal liabllltles. including bank loans, are measured inltlally atlalrvalue, net of transactlon costs. and are measured subsequently at arnort15ed cost U51ng the effectlve Interest Method. Ixll Employee Benellts Short terrn employee beneflts and contrlbutlor15to deflned contrlbutlon plans are recoEn15ed as an expense In the perlod tn which they are InCurd. Pag811
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARY THE VIRGIN, LEWISHAM Note5 to the accounts for the year ended 31 December 2023 2 Donatlons and legacles Totsl fund5 2023 Total funds 2022 Re5trlcted funds Unre5trtcted funds Donatlons Lega¢les Grants receivable Colfe's School Charlty of John Marshall The National Churthes Trust Leathersellers Morden Trust Intorporated Trustees of The Number l Trust Dlocesan Llsted Places of Worshlp The Natlonal Lottery CIS Securlty Groundwork- Tesco Fellowshlp ol Stlohn Twst Assoclatlon Other small grants Glft ald 8,393 70,772 79.165 73,239 5,000 20,000 40,000 s,0 7,000 50,(M)D 5,500 20,000 40,000 6,000 7,OfKJ 50,000 7,0 1.400 16,104 28,705 10,QOD 500 1,125 1,200 300 2,505 28,705 10,000 5C(I 1,125 1,200 300 17,876 10,0 1,381 15,778 15,371 266,871 130,402 Total 175,728 91,143 3 Income Irom charltable a£tlvltle5 Total funds 2023 Total funds 2022 Re5tTlcted funds Unre5trl¢led fund5 Sales wlthln charltable activltles Fees from weddlngs and other 5prvices Rental Income other actlvldes 1,213 1,213 2,332 2,255 2,332 2,255 2,155 2,408 504 5,800 S,067 Total 1,213 4,587 Page 12
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARY THE VIRGIN, LEWISHAM Notestrkthe accounts forthe year ended 31 December 2023 4 Income from InvestmÈnt5 Total funds 2023 Total fund5 2022 Resiricted funds UnTe5trlrted fund5 Incorne from unllsted Investments Interest recelvable 1,956 422 1,956 422 2,051 143 Total 2,378 2,378 2,194 5 CharllablE a¢tlvltles Total funds 2023 Total fund$ 2022 Restrlcted lund5 Unrestrlcted fund5 5,954 58,680 160,214 2,003 Dlrector ol mu51c Parlsh share Church premlse5 Upkeep of services Mlnistry costs MlnSsters' expenses Communlcatlon5 Crypt costs Thefapeutlc8arden costs St Mary's Festlval co5t5 5t Mar¢s Soclal costs St Mary's Dayschool costs Youth work SundrSes Bank £hèrge5 Independent ex3mlnation 5,660 61,680 15,965 2,363 5,660 61,680 161,188 2,363 145,223 624 3,915 11,886 16,858 613 428 600 3,456 1,415 3,599 4,321 9,115 984 125 600 1,130 34 624 3,915 11,886 16,858 613 428 600 3,456 271 4,680 95.158 271 4,680 274,222 4,122 252,296 179,064 Grant fundlng of actlwitles Note 6 1,413 1,413 1,393 Share of support costs Note 7 3,351 3,351 2,978 Total 179,064 99,922 278,986 256,667 Pau&13
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARYTHE VIRGIN, LEWISHAM Notes to the accoonts for the year ended 31 December 2023 6 Grants payabl* 2023 2022 Grants to Indlvlduals 1,413 1,393 Total 1,413 1,393 7 Support tosts Support costs GoveTnan costs Total 2023 Support costs GoverThance tosts Total 2022 staff cDsts 3,351 3,351 2.978 2,978 3,351 3,351 2,978 2,578 B Staff cost$ and numbers 2023 2022 staff costs were as follow5.. Salarles arjd wages Soclal SecurStY CD5ts Emptoyer's contrlbutlon todefined contrlbullon penslon 5themes 10,642 10,289 Total 10,642 10,289 No employee YpcÈived emolument5 of more than £60,00012022'. nlll The average nurnberof employees durlng the year was as follow5.. 2023 20z2 Minlstsrial Support Pag814
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARY THE VIRGIN, LEWISHAM Notes tothe accounts for the year ended 31 DÈcember 2023 9 PCC members, remuneratlon and expenses In accordance wlth the provlslons of the Parochlal Chur¢h Counclls (power51 Measure 1956, one12022'. onel of the Paro¢hlal Church Councll recelved ramuneraon durln8 the yÈar'. Llz Evans recelved £3,35112022.. £2,978) for her role as admlrslstrdtor. No PCC Member or other person related to the charlty had any personal Interest In any contract or transactlons entered Into by thE cha¥lty dvrlng the year12022-. nlll. PCC members have ultlmate control ol the ¢harSty. 10 Flxed assets Investments L15ted Imiestments Total Cost w vuluatlon At l Janvary 2023 D15posal Addltlon Valuatlon change5 66,609 66,609 6,13S 6,135 At 31 Decernber 2023 72,744 72,744 Carrylng omount At 31 December 2023 At 31 Oecernber 2022 72,744 66,609 72,744 66,609 11 Deblors Z023 2022 Other debtor5 Prepayments 982 1,889 557 675 Total 2,871 1,232 Pag815
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARY THE VIRGIN, LEWISHAM Notps to the accounts forthe year ended 31 December 2023 12 Credltor$: amounts falllrbg duB wlthln oneytar 2023 2022 other credltors Accrua15 1,102 9,S90 327 7,500 TolaS 10,692 7,827 13 Analysls of net 055ets between lunds Current year General fund$ Restrlcted Endowrnent lunds lunds Total funds 2023 Investment5 Current a5set5 Current Ilabllltie5 72,744 72,744 167,356 110.6921 18,296 110,6921 149,060 Net assets at 31 DecembeF 2023 7,604 149,060 72,744 229,408 Comparative- prÈviov5 year General funds Restrlcted Endowment funds funds Total funds 2022 Investments Currentassets Current Ilabllltles 66,609 66,609 168,428 17,8271 19,623 17,8271 148,805 Net assets at 310e£ember 2022 11,796 148,80S 66,609 227,210 Page 16
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARY THE VIRGIN, LEWISHAM Notes to the accounts for the year Ènded 31 Decefflber 2023 14 Movements In funds Current year At 31 December 2023 At l January 2023 Incomlng resources Outgolng Tè50ur¢es Transfers Ga1#51 between funds Ilossesl Endowmentfvnd5.' St M8ry'5 Day School Fund Sale of Elfrida Hall 32,419 34,190 2,890 3,245 35,309 37,435 Total endowment funds 66,609 6,135 72,744 Re5trlctedAunds.' Appeal Fund Legacy Fund Crypt Caplt31 Fund Organ Fund Bell Restoration Fund Therapeutic Garden Smlth Trust St Mary's Day Sthool Fund st Mary's Festival Fund st Marfs Soclal CommltteE Colfe's Chaplalncy Fund 32,487 79,787 1,308 103 1,467 13.632 7,212 6,311 113 2,516 3,870 152,050 174 iO,LMJO 1145,2231 74,857 174,8571 114,171 5,104 15781 103 2.313 7,766 6,430 6,892 678 2,312 3,870 111,8861 846 10,992 2,G74 1,181 1,178 224 116,8581 13,4561 16001 16131 14281 Total iestrlcted fund5 148,805 179,319 1179,0641 149,060 Genemlfvnd 11,796 95,730 199,9221 7,604 Total unrestrlcted funds 11,796 95,730 199,9221 7,604 Tolal funds 227,210 275,049 1278,9861 6,135 229,408 Page 17
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARY THE VIRGIN, LEWISHAM Notesto the accounts for the year ended 31 December 2023 14 Movements In funds Icontlnuedl tomp0rative- previousyear At 31 Oecember 2022 At l January 2022 Inctrmlng resourtes Outgolng fE50urce5 Transfeys between funds fjalnsl 1105se51 EndowmentAunds.' st Mary'5 Day School Fund Hobbs Le8acy Sale of Elfrlda Hall 36,850 6,127 32,601 9,895 19,8951 15,8391 14,4301 32,419 5,839 14,2501 34,190 Total endowment fund5 7S,577 15,734 115,7341 18,9681 66,609 Re5tr1ctedfunds.' Appeal Fund Legacy Grant Crypt Capltal Fund Organ Fund Bell Re5toratlon Fund Therapeutlc fjardeTh Smlth Trust St Mary's Day School Fund St Mary's Festlval Fund st Mary's Soc181 Commlttee Colle's Chaplaincy f und 153,961 79,787 5,558 103 1,181 9,664 7,324 5,878 24,852 1146,3261 32,487 79,787 1,308 103 1,467 13.632 7,212 6,311 113 2,516 3,870 17 14,2671 286 13.083 1,018 1,033 1,084 19,1151 11,1301 16001 19841 11251 2,641 3,870 Total restrlcted fund5 269,979 41,373 1162,5471 148.805 Genernlfu 9,626 96,290 194,1201 11,796 Tot31 Ufbrestrlded fund5 9,626 96,290 194,1201 11,796 Total funds 355,182 153,397 1272,4011 18.96BI 227.210 Pag8 18
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARY THE VIRGIN, LEWISHAM Notes to the account5 f¢r the yearended 31 December 2023 14 Movements In funds l¢ontlnuedl Purposes ofendowmpnt funds: Sl Mary's Day Scool Fund.. Hobbs Legaty.. Sale of Elfrlda Hall.. Chancel Fund: funds fDr the 3dlacent prlmaryschool. funds foryouth work. funds for youth work. funds for the church bulldlng. PuYp05E5 of restrlcted funds.. Appeal Fund-. Legaty Grant.. Crypt Capltal Fund Organ Fund.. Bell Restoratlon Fund.. Therapeutlc Gardert Fund.. 5mlth Trust-. St Marls Day Scool Fund: St Mary's Festival Fund- St Mary's Soclal Corntnlttee Fund.. Colfe's Chaplalncy Fund.. funds foT bvlldlng works and prolects. funds for ¢apltal costs and other grants. fund5 to be SPEnt on capltal work5 In the Cryptof the church. funds lor organ malThtenance. fund5 for the church bells and related tower. funds forchurch garden development and malntenancE. fund5 foryouth WDrk. funds forthe adlacent prlmary schod. funds for the festival annual event. fund5 forevents put on by the commlttee, funds to provlde chaplalncy support lorcolfe's School and foi the provlslon of parlsh adminlstrators. fundsforbulldlngworks and prolects. Chancel Fund: Page 19