Parish of St Bamabas Homerton Diocese of London End of Year Financial Statements Year ending 2022 Paga Page Page Rev*w of the Year Page Page stst￿ne￿ crf Assets & Liabilibes Page Anaw of Ir¢LJme & ExkY¥JlJJr Page 12 F￿j by Ty Page 14 PARISH OF sr BARNABAS HOMeRTON DIOCESE OF LONDON LEGALANDADMINLSTRATWE INFORMATION PARISH ADDRESS Parish Office St Barnabas Church Homerton High Streèt London E9 6DL PCC MEMBERS Vicar Re¥ aive Main Wardens Roy Olowu Valerie Roath Deanerysynod CatherfneArnistrong to 15.5.22 then elected PCC member Amhony Kwe8an Licensed Lay Ministers Veroni¢• Shaf Carol Maynard RoyOIowu Catherine Grannum Elected member5 Catherine Armstrong Hulith Clarke to 15.5.22 Grantly Maynard May Milton to IS.5.22 Jim Odots"Il Merryl Onwudiwe to 15.5.22 Yvonne Sired Emmanuel Sodipo CHARITABLE STATUS Registered ChaTIty no.. 1186331 Registered with the Charity CommissK)n BANKERS HS8C Bank PLC 283 Mare Street London E8 IPJ INDEPENDENTEXAMINER Leon E¢fv4ards io Romulus wav Fairfields Milton Key￿ MKII 4AZ Parochial Churth CounLiI of St Barnabas Homerton Annual review forthe year ended 31 December 2022 Aims and purposes St Barnabas Homerton PCC has the responsibility of co-operating with the Wiczr, the Rev Clive Main, in promoting in the ecclesiastical parish the whole mI￿10n of the church• pastoral. evangelitsl. social and ecumenical. Objertlves and actlvitles When planning attivities for the year. the incumbent and the PCC have considered the Charity Commi55iofb'S guidance on public benefit and, in particular, the specific guidan￿ on charitie5 for the advancement of religion. In particular, they try to enable ordinary people to live out their faith as part of the parish community through worship and prayer and service, leamin8 about the Gospel. and the provision of pastoral care for people living in the parlsh. A¢hlevements and perfonTkgn¢e The Parish of St Barnabas comprises St Barnabas as the parish church and The Church of the Risen Christ in Clapton Park as a parish centre of worshlp. The total Eiertoral Roll for the par15h in Aprfl 2022 was 150. During the last year, the churthes have continued to offer a 'hybrld seThI1￿ on Sundays. consi5tin8 of a mlx of Ilve and pre-recorded elements in order to provide a variety of preaching and intercessory styles across the churches and to have a wider spread of participants. A more baslc pre-recorded online service has Continued to be provided each week. Youn8 people's groups have continued at St Barnabas during the year. with Kids Club meeting for 3 - 115 in two groups, and with Pathfinders restarted last autumn with help from addltlonal volunteers across the parlsh. Some weekday and monthly meetings for adult fellowship and discipleship have been continued, namely weekly Bible Study Groups Ilve and on Zoom, monthly'meat for Men.. and a monthly Men's Fellowshlp group meeting for prayer. Followi￿ a revision by Church Army and the Stepney Area team. the Centre of MiSs￿n for Hackney was closed. Durlng the last year, In addition to the re8ular churth Servi￿ and activlties of each church. the parish: Held servSces on Maundy Thursday and Ascension Dty and an annual Commemoration Sep41ce Ran a Lent Course: #liveLent-EmbraL?n8 Justice Ran an expanding dropin 'Barne￿5 Café, whlch continued after Churth Army withdrew from Hatkney Ran a Food Pantry on Clapton Park which continued after Church Arniy wlthdrew their support Conducted occasional local sthool assemblies and welcomed school groups into our churth buildin8 to explore curriculum topics The parish aims to give generously to other 018anisations invoived In mission in the UK and overseas. and involved in humanitarian relief and development work. This is done through the 8iVln8 of each of the churches in the parish. The parish relies upon the voluntsry work of many people wlthin the churches. and the PCC greatly appreciates thelr service to the church and the I¢Kal community. Flnanclal ¥evlew Totsl receipts on unrestricted funds in 2020 amounted to £102.171. Ex￿nseS on unrestritted funds were £86,026. The net result for the year was an excess of receipts over payments of £16,144 on the unrestricted funds. The Common Fund contribution was £29,￿. Restricted income was £9,723. Totsl church funds at the end of the year stood at £190.398 Inc[￿ling £19.7841restricted funds). £62.778 Idesignated funds) and £107.835 (unrestricted fvndsl. Structurej governance and manwment The method of appointment of PCC members is set out in the Church Representstion Rules. The membership of the PCC comprises the Vicar and other dergy. churchwardens, LLMS, ex ofricio members. 6 members from St Barnabas, 3 member5 from The Risen Christ & All Souls. elected by those members of the congregation who are on the electora roll of the church. All those who attend services and members of the congregation are encouraged to register on the Elertoral Roll and stand for election to the PCC. The PCC members are responsible for making deu5ior6 on all matters of general cOn￿M and irnportance to the parish including detiding on how the funds of the PCC are io be spent. The full PCC normally meets 4 or 5 times 3 year. Relerence and Admlnlstratlve Inform#lon The Parish of St Barnabas Homerton IfOrMer￿ Hackr*y Marsh) is part of the Diocese of London within the Church of England. The Corresponden￿ address is Parish Office. St Barnabas Churth. Homerton High Street. London E9 6DL. The PCC is registered with the Charity Commission of En8land & Wales. re8i5tratlon no. 1186331 Approved by the PCC on Idatel Signed on their behalf by: Prlnt name and position c£ Citsj i L ## **Receipts and Payments Account** ||**Unrestricted Designated**
**Restricted Endowment**
**Total**
**Prior year**
**funds**
**funds**
**funds**
**funds**
**funds**
**total funds**| |---|---| |**Receipts**
Donations and legacies
Income from charitable activities
Investments
Other income
**Total receipts**
**Payments**
Raising funds
Expenditure on charitable activities
Other expenditure
**Total payments**
**Excess of receipts over payments before**
**transfer**
**Transfers**
Gross transfers between funds - in
Gross transfers between funds - out
**Excess of receipts over payments before**
**other gains / losses**
**Net movement in funds**
**All assets at 01 January 2022**
**All assets at 31 December 2022**
**Represented by**
**Unrestricted**
General fund
**Designated**
Current fabric
Special fabric
**Restricted**
AV system
Administrative assistant salary
Agency collection
Brian Mann Healing Fund
Food Pantry
Forever Young
Grocers' incumbent grant
HPC Ministers' Discretionary Fund
Larder
Parish Women (HM Women)
Pathfinder activities
Safe House project
Support Fund
Young people's work|56,610
4,810
5,280
—
66,700
65,373
3,954
—
3,039
—
6,993
5,172
—
—
704
—
704
681
41,607
4,913
8,250
—
54,770
44,992| ||**102,171**
**9,723**
**17,274**
**—**
**129,168**
**116,220**
—
—
492
—
492
1,046
38,984
—
11,823
—
50,808
50,196
47,041
11,011
1,613
—
59,667
74,140| ||**86,026**
**11,011**
**13,929**
**—**
**110,968**
**125,384**| ||**16,144**
**(1,288)**
**3,345**
**—**
**18,200**
**(9,163)**
—
—
205
—
205
2,026
—
—
(205)
—
(205)
(2,026)| ||**16,144**
**(1,288)**
**3,345**
**—**
**18,200**
**(9,163)**| ||**16,144**
**(1,288)**
**3,345**
**—**
**18,200**
**(9,163)**| ||**91,691**
**64,067**
**16,439**
**—**
**172,198**
**181,361**| ||**107,835**
**62,778**
**19,784**
**—**
**190,398**
**172,198**
107,835
—
—
—
107,835
91,691
—
6,063
—
—
6,063
11,710
—
56,714
—
—
56,714
52,356
—
—
41
—
41
41
—
—
327
—
327
327
—
—
(596)
—
(596)
(596)
—
—
6,355
—
6,355
6,091
—
—
226
—
226
—
—
—
156
—
156
156
—
—
2,086
—
2,086
2,416
—
—
2,272
—
2,272
672
—
—
22
—
22
22
—
—
67
—
67
67
—
—
784
—
784
969
—
—
5,351
—
5,351
4,201
—
—
559
—
559
265
—
—
2,129
—
2,129
1,804| **Statement of assets and liabilities** **This year** **Last year** |**Cash at bank and in hand**
**Parish current account**
AV system (Restricted) -
Administrative assistant salary (Restricted) -
Agency collection (Restricted) -
Current fabric (Designated) -
Food Pantry (Restricted) -
Forever Young (Restricted) -
General fund (Unrestricted) -
Grocers' incumbent grant (Restricted) -
HPC Ministers' Discretionary Fund (Restricted) -
Larder (Restricted) -
Parish Women (HM Women) (Restricted) -
Pathfinder activities (Restricted) -
Safe House project (Restricted) -
Special fabric (Designated) -
Support Fund (Restricted) -
Young people's work (Restricted) -
**Brian Mann Healing a/c**
Brian Mann Healing Fund (Restricted) -
**Total for Cash at bank and in hand**
**Agency accounts**
**Agency collections**
Agency collection (Restricted) -
**Total for Agency accounts**
**Grand total**|41
41
327
327
(372)
52
6,063
11,710
226
—
156
156
107,835
91,691
2,086
2,416
2,272
672
22
22
67
67
784
969
5,351
4,201
56,714
52,356
559
265
2,129
1,804| |---|---| ||**184,267**
**166,755**
6,355
6,091| ||**6,355**
**6,091**| ||**190,622**
**172,846**
(223)
(648)| ||**(223)**
**(648)**| ||**190,398**
**172,198**| ## **Fund movement by type** ||**Opening Incoming Outgoing Transfers Gains/losses Journals Closing**| |---|---| |**ADMINASS - Administrative assis**
Restricted
**Sub-total for ADMINASS**|327
—
—
—
—
—
327| ||**327**
**—**
**—**
**—**
**—**
**—**
**327**| |**AVsystem - AV system**
Restricted
**Sub-total for AVsystem**
**CFabric - Current fabric**
Designated
**Sub-total for CFabric**
**FYoung - Forever Young**
Restricted
**Sub-total for FYoung**
**Flowers - Flowers**
Restricted
**Sub-total for Flowers**
**Food - Food Pantry**
Restricted
**Sub-total for Food**
**General - General fund**
Unrestricted
**Sub-total for General**
**Grocers - Grocers' incumbent g**
Restricted
**Sub-total for Grocers**
**HPC - HPC Ministers' Discr**
Restricted
**Sub-total for HPC**
**HPCBreaks - HPC Summer Breaks**
Restricted
**Sub-total for HPCBreaks**
**Healing - Brian Mann Healing F**
Restricted
**Sub-total for Healing**
**KidsClub - Kids Club giving**
Designated
**Sub-total for KidsClub**
**Larder - Larder**
Restricted
**Sub-total for Larder**
**MinDisc - Minister's special d**
Restricted
**Sub-total for MinDisc**
**Pathfinder - Pathfinder activitie**
Restricted
**Sub-total for Pathfinder**
**SafeHouse - Safe House project**
Restricted
**Sub-total for SafeHouse**
**SpFabric - Special fabric**
Designated
**Sub-total for SpFabric**
**Support - Support Fund**
Restricted
**Sub-total for Support**
**WVision - Pathfinder giving -**
Restricted
**Sub-total for WVision**
**Women - Parish Women (HM Wom**
Restricted
**Sub-total for Women**
**YoungFund - Young people's work**
Restricted
**Sub-total for YoungFund**
**Grand total**|41
—|—|—
—
—
41| |---|---|---|---| ||**41**
**—**
11,710
110|**—**
5,757|**—**
**—**
**—**
**41**
—
—
—
6,063| ||**11,710**
**110**
156
—|**5,757**
—|**—**
**—**
**—**
**6,063**
—
—
—
156| ||**156**
**—**
—
—|**—**
—|**—**
**—**
**—**
**156**
—
—
—
—| ||**—**
**—**
—
3,039|**—**
2,812|**—**
**—**
**—**
**—**
—
—
—
226| ||**—**
**3,039**
91,691
102,171|**2,812**
86,026|**—**
**—**
**—**
**226**
—
—
—
107,835| ||**91,691**
**102,171**
2,416
2,250|**86,026**
2,579|**—**
**—**
**—**
**107,835**
—
—
—
2,086| ||**2,416**
**2,250**
672
6,000|**2,579**
4,400|**—**
**—**
**—**
**2,086**
—
—
—
2,272| ||**672**
**6,000**
—
—|**4,400**
—|**—**
**—**
**—**
**2,272**
—
—
—
—| ||**—**
**—**
6,091
704|**—**
440|**—**
**—**
**—**
**—**
—
—
—
6,355| ||**6,091**
**704**
—
—|**440**
—|**—**
**—**
**—**
**6,355**
—
—
—
—| ||**—**
**—**
22
—|**—**
—|**—**
**—**
**—**
**—**
—
—
—
22| ||**22**
**—**
—
—|**—**
—|**—**
**—**
**—**
**22**
—
—
—
—| ||**—**
**—**
969
20|**—**
—|**—**
**—**
**—**
**—**
(205)
—
—
784| ||**969**
**20**
4,201
4,966|**—**
3,816|**(205)**
**—**
**—**
**784**
—
—
—
5,351| ||**4,201**
**4,966**
52,356
9,613|**3,816**
5,254|**—**
**—**
**—**
**5,351**
—
—
—
56,714| ||**52,356**
**9,613**
265
294|**5,254**
—|**—**
**—**
**—**
**56,714**
—
—
—
559| ||**265**
**294**
—
—|**—**
205|**—**
**—**
**—**
**559**
205
—
—
—| ||**—**
**—**
67
—|**205**
—|**205**
**—**
**—**
**—**
—
—
—
67| ||**67**
**—**
1,804
—|**—**
(324)|**—**
**—**
**—**
**67**
—
—
—
2,129| ||**1,804**
**—**|**(324)**|**—**
**—**
**—**
**2,129**| ||**172,794**
**129,168**|**110,968**|**—**
**—**
**—**
**190,994**| ## **Analysis of receipts and payments** **Total Unrestricted Designated Restricted Endowment This year Last year** ## **INCOME AND ENDOWMENTS** |**Donations and legacies**
Gift Aid - bank
21,140
—
Gift Aid - envelopes
7,930
—
Gift Aid - PGS
4,800
—
Other planned giving
18,838
—
Loose plate (cash) collections
2,421
—
One-off Gift Aid
15
—
Donations & appeals
1,464
4,810
Total
56,610
4,810
**Income from charitable activities**
Courses, workshops etc
200
—
Fees for weddings & funerals
3,754
—
Food Pantry donations for food
—
—
Total
3,954
—
**Investments**
Dividends
—
—
Total
—
—
**Other income**
Tax recoverable on Gift Aid &
GASDS
13,784
—
Recurring grants
—
—
Other funds generated
530
4,913
Funds from use of church
24,906
—
Donations from parking
2,387
—
Total
41,607
4,913|21,140
—
7,930
—
4,800
—
18,838
—
2,421
—
15
—
1,464
4,810|—
—
—
—
—
—
5,280|—
21,140
25,801
—
7,930
7,140
—
4,800
1,500
—
18,838
16,209
—
2,421
1,824
—
15
8,850
—
11,555
4,047| |---|---|---|---| |||5,280
—
—
3,039|—
66,700
65,373
—
200
—
—
3,754
5,172
—
3,039
—| ||3,954
—
—
—|3,039
704|—
6,993
5,172
—
704
681| ||—
—
13,784
—
—
—
530
4,913
24,906
—
2,387
—|704
—
8,000
250
—
—|—
704
681
—
13,784
19,021
—
8,000
10,500
—
5,693
14
—
24,906
12,258
—
2,387
3,198| ||41,607
4,913|8,250|—
54,770
44,992| |**INCOME TOTAL**|102,171
9,723|17,274|—
129,168
116,220| ## **EXPENDITURE** ## **Raising funds** Event costs - eg sales, fetes, etc — — 492 — 492 1,046 Total — — 492 — 492 1,046 |**Expenditure on charitable activities**
Stewardship campaign costs
199
—
Giving - missionary societies
475
—
Giving - relief & development
agencies
3,400
—
Giving - home mission
1,488
—
Giving - XLP support
—
—
Special gifts
1,152
—
Giving - secular charities
—
—
HPC Ministers' discretionary grants
—
—
Support Fund grants
—
—
BM Healing Fund grants
—
—
Common Fund
29,000
—
Fees to churches
601
—
Church Army CoM expenses
332
—
Education - adult
107
—
Education - children
90
—
Education - teenage
252
—
Parish training & mission
801
—
Food Pantry expenses
—
—
Organ/piano tuning
338
—
Catering
224
—
Upkeep of services
413
—
Fees for livestreaming operators
50
—
Magazine
58
—
Total
38,984
—
**Other expenditure**
Statutory fees to Diocese
1,231
—
Assistant staff costs
38
—
Salary - parish administrator
8,832
—
Assistant administrator salary
—
—
Administrator salary admin costs
467
—
Incumbent working expenses
613
—
Parsonage house expenses
826
—
Church insurance
6,863
—
Church maintenance
7,489
6,597
Cleaning
368
—
Upkeep of churchyard/garden
495
—
Administration
3,064
—
Parish office costs
1,673
—
Parish office costs - copier
1,184
—
Parish office costs - stationery
853
—
Computer & IT (hardware/software)
78
—
Electricity - church
1,426
—
Gas - church
3,781
—
Water - church
420
—
Waste bin hire - church
123
—
Governance
530
—
Major repairs - church
—
—
Major installation - church
6,678
4,414
Events & meetings - not mission
—
—
Miscellaneous
—
—
IE admin adjustment
—
—
IE admin adjustments
—
—
Total
47,041
11,011|**Expenditure on charitable activities**
Stewardship campaign costs
199
—
Giving - missionary societies
475
—
Giving - relief & development
agencies
3,400
—
Giving - home mission
1,488
—
Giving - XLP support
—
—
Special gifts
1,152
—
Giving - secular charities
—
—
HPC Ministers' discretionary grants
—
—
Support Fund grants
—
—
BM Healing Fund grants
—
—
Common Fund
29,000
—
Fees to churches
601
—
Church Army CoM expenses
332
—
Education - adult
107
—
Education - children
90
—
Education - teenage
252
—
Parish training & mission
801
—
Food Pantry expenses
—
—
Organ/piano tuning
338
—
Catering
224
—
Upkeep of services
413
—
Fees for livestreaming operators
50
—
Magazine
58
—
Total
38,984
—
**Other expenditure**
Statutory fees to Diocese
1,231
—
Assistant staff costs
38
—
Salary - parish administrator
8,832
—
Assistant administrator salary
—
—
Administrator salary admin costs
467
—
Incumbent working expenses
613
—
Parsonage house expenses
826
—
Church insurance
6,863
—
Church maintenance
7,489
6,597
Cleaning
368
—
Upkeep of churchyard/garden
495
—
Administration
3,064
—
Parish office costs
1,673
—
Parish office costs - copier
1,184
—
Parish office costs - stationery
853
—
Computer & IT (hardware/software)
78
—
Electricity - church
1,426
—
Gas - church
3,781
—
Water - church
420
—
Waste bin hire - church
123
—
Governance
530
—
Major repairs - church
—
—
Major installation - church
6,678
4,414
Events & meetings - not mission
—
—
Miscellaneous
—
—
IE admin adjustment
—
—
IE admin adjustments
—
—
Total
47,041
11,011|—
—
455
—
—
—
—
4,400
—
380
—
—
—
—
—
—
3,775
2,812
—
—
—
—
—|—
199
161
—
475
2,200
—
3,855
5,417
—
1,488
2,153
—
—
1,000
—
1,152
390
—
—
319
—
4,400
6,255
—
—
100
—
380
—
—
29,000
27,000
—
601
1,241
—
332
22
—
107
134
—
90
22
—
252
252
—
4,577
1,025
—
2,812
—
—
338
637
—
224
369
—
413
1,288
—
50
106
—
58
100| |---|---|---|---| ||38,984
—
1,231
—
38
—
8,832
—
—
—
467
—
613
—
826
—
6,863
—
7,489
6,597
368
—
495
—
3,064
—
1,673
—
1,184
—
853
—
78
—
1,426
—
3,781
—
420
—
123
—
530
—
—
—
6,678
4,414
—
—
—
—
—
—
—
—|11,823
—
—
—
—
—
200
—
—
(44)
—
—
60
—
—
—
851
—
—
—
—
—
—
—
547
—
—
—|—
50,808
50,196
—
1,231
2,022
—
38
62
—
8,832
7,480
—
—
7,014
—
467
535
—
813
580
—
826
783
—
6,863
6,444
—
14,042
4,851
—
368
56
—
495
—
—
3,124
3,982
—
1,673
3,844
—
1,184
—
—
853
—
—
929
936
—
1,426
1,432
—
3,781
1,917
—
420
287
—
123
90
—
530
—
—
—
194
—
11,092
31,078
—
547
—
—
—
53
—
—
327
—
—
163| ||47,041
11,011|1,613|—
59,667
74,140| |**EXPENDITURE TOTAL**|86,026
11,011|13,929|—
110,968
125,384| ||||| |**GRAND TOTAL**|16,144
(1,288)|3,345|—
18,200
(9,163)| ## **LEON EDWARDS ACCOUNTANTS** Member of the Certified Public Accountants Association ## **Report** **To:** Veronica Sharpe **From:** Leon Edwards **Date:** Friday 17 April 2023 **Subject:** Review of 2022 St Barnabas ## **Introduction** The report is to reflect on the review of the accounts. To highlight any transactions where description or monetary amounts may not reflect true and fair view of relevant income or expense. I will be analysing the trial balance to focus on any material expense figures that may seem too high or not reflect true. Also focusing on the amounts that are significantly different from the average cost under each expense heading. I will be analysing the trial balance to focus on consistency of recording various income under the correct heading. This will involve reviewing the description of income under each income heading. Finally I will then compare the current year to last year to look for any material increase or decrease in income and expenses. ## **Summary** After reviewing the trial balance and Income and Expenditure comparison, I am satisfied that reasonable care and attention have been made . Overall, the accounts show a true and fair view of period 2022. There are no recommendations to make as I am satisfied with the data entry. **Report Prepared by:** Leon Edwards, BA Hons Accounting, ACPA ACPA Membership Number 07304016A **Date:** Monday 17 April 2023 **Signed: ……………………….**