PARISH OF ST STEPHEN AND ST MARK LEWISHAM FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023
INDEPENDENT EXAMINER'S REPORT TO THE PCC OF ST STEPFIEN ANI) ST MARK Lfi Wl&iHAM FOR THE YEAR ENDED 31 DECEMBER 2023 This report on the financial statements of the PCC for the year ended 31 December 2023, which are set out on page5 2 to 5, is in respect of an ¢xamination carried out in 1cordanCe with the Church Accounting Regulations 2006 ("the Regulations") and the Charities A¢t 2011 ("the Act"). Re.$ tive Rey nsibilities of Trte¢S and Fjxaminer The ¢harity'5 Irustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is nol reqUId for this year under section 144{2) ofthe Charities Act 2011 (the 2011 Act) and that an independent examination is need¢d. It is my responsibility to: ' cxamine the accounts under section 145 of the 2011 Act . to follow the procedures laid down in the general Directions given by the commission und¢r section 145(5}(b) of the 201 l Act . 10 51atc wheiher particular matters have come lo my attention Ilasi.s of this Ile rt My cxaminalion wa5 carried out in accordance with the General Directions given by the Charity Commission under section 43(7)(b) of the Aci and to be fuund in the Church GuidanLe, 2006 edition, issued by the Finance Division of the Archbishops, Council. Thal examination includes view of the accounting records kept by the PCC and a comparison of the accounls with those record8. It also includes considering any unusual items or disclosure8 in the account and seeking explanations from you as trustees concerninb? any such matlers. 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. Lndent Fxamin¢r'$ St#tement In connection with my examinatiiTrn, no matter has come to my attention,. - which gives me reasonable U5¢ to believe that in any material respect, the requirements: . to keep accounling records in arxordanie with section 130 of the 201 I ALt: and to prepare financial statements, which accord with the accounting records and omply wilh the requirements of the 2011 Act and the Regulations have not been met. 2. to which. in my opinion, attention should be drawn in order to enable a proper underslanding of the accounts to be reached. Mr Milton Sawyerr FCCA 54 Hansol Road Bexleyheath Kent DA6 8JG th 15 March 2024 Page I
Parish of St Ste hen's t M rk's PCC Lewisham Statement of Financial Activities for the ear ended 31st December 2023 Tot•1 2023 Totsl 2022 Fund• Fund* 08 urc Don8lion8 Fund-rai8ln9 Actlvlll88 Interest Hall Lettings & Parish Fe88 etc Grants VAT Refund 45,508 15,497 61,005 55,743 1.05S 25,155 25.155 22.390 16,910 939 70,883 15,497 Church Adv18$ 64,684 6,524 71,208 101,042 Totsl Re8ource8 Expendgd 6.524 Not In¢omIngllOu0Ingj forth• •r Bofov• Re¢ognl••d Galn• 5,979 8,973 14,952 (4,0051 Fund8 Brought Forward101101r23) 31,393 5,506 38.899 Fund• C4nl•d Forw•nl131112123) 14,479 36 899 The not•• on page8 4 aTrd 5 form part of these flnanclal $tatomonts Pago 2
Parish of St Ste hen's & St Mark's PCC Lewisham Balance Sheet As at 31 st December 2023 2023 2022 Ass Church Hall Equipment 10.0 10.000 10.000 10,000 rrent A88 Current AG¢ount Debtors 44,068 1.259 19,887 9,101 45.327 28,9B8 ilors fallin Olher credllors 3,475 3,475 2.089 2.089 Il•t Curr•nt A•MtJ 41,651 28 899 Totsl N•tA•••t• Unre8tr1cted R¢slriclod 37,372 14,479 51,851 31,393 5,506 Approved by the Paro¢hlal Church Council and 8lgned on rti behalf by.. Fr Michael Bail Pari¥h Pri9st si stephen'$ and St Morks Church Dated 29, 111. 2aLCk . Thg notss on pag 4 and 5 form part of th080 flnancial statements Page 3
Parish of St Ste hen's & St Mark's PCC L8wisham Notes to the Financial Statements for the Year Ended 31st December 2023 1.0 Accountin Polici88 1.1 The fmancial statements have been prepaTed in acLordance with the Church Accounling Regulation8 2006 logeth8r with the applic8ble aco)unting 8landard6 and SORP 2005 88 applled lo PCC'S exceedlng £1.000 gross income per year. The accounts are therefore on tho awuals basis, incorporating a Stslemgnl of Financial Adiwb'g¥. a Balance Sh981 and Tdal8d Notes. They nclude all Iransadions. a$s8ts and liabilili8s for which the PCC Is resp(Nisible In law. Fixed Ass8ts 12 The Church Hall18 Included èl a book valuè whth has remalned unch8nged for 81 lea81 the la81 20 years. The orKJln ol this book value cannot be eslabli8hed, but 18 not thought lo be over8t8led. 1.3 Movg8ble Church fuml8hiw8 held ty the tr and churchwardens ¢)n sp8dal tJust for the PCC and whlth requlr8 a sp8cI81 faculty for disposal. org unall8nable property, Ilstod In th8 church's 18Trier. For anythlng acqulred belore 20tX] there Is in8uffic48nl cost fOrStIon avalb and therefore Sud) a68ei8 818 nLII valued In the financ•al ststemenl8. Subsequently no indNSdu81 118m ha8 CO8t £1,CO), 80 8118LK* expendlturo ha8 been wrltton off when Inojrred. 1.4 Equipment used wfthin th8 churth or thurth h811 1$ depredjled on a straighl.line basi8 over foul years, if StIng over £1,000, 2.01 Unmblct•d R••trtct•d Fund• Fund• Tothl 2023 Totsl 2022 Pl8nn8d Glvino DonatSon8 Tax recovefabkg (Note Al Colloctlons 33,189 4,827 8.861 4,$49 2,087 42.080 9,376 8,350 1,219 34,885 9,110 1.219 45,50B 15.497 Note A- Thg gSft akl tax r8cy)vwable foi 2023 has not y81 been clalmed. It18 estlm8led that the grft aid for Ihg yoar is £8.350. 3.0 Rfjsour¢•B Ex ndttd Donations lo Charlli8S Fundraising costs Diocesan Quota & Share of Parfsh F808 Other Ministry Cost8 Hall fire doors Eleclrical Inspe(Xlon and upgr8de walS9haM Insurance Heating, Lighting etc Church Maintenance Church Hall Maintena 480 741 185 24,1x 22.4(K) 17,985 20.605 15,682 6,556 3,792 6,781 8,851 7,555 7.914 24.000 17,285 700 5,824 5.824 6.352 12.040 3,689 6,352 12.040 3,669 6,524 T1208 101,042
Parish of St ste hen's & St Mark's PCC Lewisham Notes to the Financial Statements for the Year Ended 31st December 2023 continued 2023 2022 Glft akl recoverable Vicar8ge Iheallng and lighting) 9.101 1.259 1,259 9,101 2023 2022 In8uranc• Healing and Ilghling Grfl aid refundable (Note B) Fr. Michael 890 1.116 1,690 1,785 83 Not8 8 - Gift aid clalmed for 2022 was ingdv?rtenlly Pa iwKe by HMRC. The e8tlm8t¢d glft aid for 2023 h88 been deducted from the overpayment, leawng a nel refundable b8lan¢o to HMRC. Pagg 5