Registered Charity Number 1191040 The Parochial Church Council Of The Ecclesiastical Parish Of St Catherine With St Paul Neasden Report and Accounts For The Year Ended 31 De￿rnber 2023 The Paro¢hial Church Council Of The Ecclesiastlcal Paiish Of st Cathertne With St Paul Neasdon Report and Accounts For the year ended 31 December 2023 Contents Page Legal and Administrth"ve Infom)ation Trustees, report Accountants, report Stslement of Finanaal Activibes Stslement of Assets and ￿abl1￿.es Notes forming part of the Fina￿181 Statements The Parochial Church Council Of The Ecclesiaslical Parish Of St Catherine Wlth St Paul Neasden Legal and Adrninistrative Infomiation Trustees Rev. A Carmichael Mr D Griffiths Ms M Doku Ms A Campbell Mr E Rose Mr R Midwinter Mrs V Stanislas Ms P ￿ttlejOhn Mr B B Conteh Mr B Thomas Mr S Payne Mrs C Rose Secretsry Ms M Doku Accountants Mrs J Moor JWC Consuthng (UK) Ltd Unit A6 Auas BLJsiness Centr& Oxgate Lane London NW2 7HJ Charity Office St Catherine's Church Dollis Hill Lane London NW10 1QB Charity Number 1191040 The Parochial Church Coun¢il Of The Ecclesiastical Parish Of St Catherine With St Paul Neasden Trustees. Report For the year ended 31 December 2023 The Trustees present their Report and Aoyx>unts forthe year ended 31st December 2023. REFERENCES AND ADMINISTRATIVE DETAILS Registsrgd Chaiyty 14umber 1191040 R8gistorgd Clffice St Catherine'e Church Dollis Hill Lane London NW10 1 QB Trustees Revd. Anthea Carmichael." Eric Rose". Bai Bai Conteh,. Robin Midw"nter". Steven Payne," Cheryl Rose.. Bobby Thomas" Mabel Doku," Valery Stanislas.. David Grrffiths" Path"oa Lituejohn. Audrey Campbell Aims and Objective5 The offiaal charitable aim and purpose of St Catherine's. as part of the Church of England is." 'to promote in the Ècdesiasb"cal parish. the whole mission of the Church, pastoral. evangelisttc, social and ecumenical. Sunday Worship Sunday worship starts frorn 10.00am and Members of the thureh conts.nue to lead and take active parts in the services Induding d)oosing the songs. the reading and the theme. We continue to experiende different variety to Our services and worship. Over all. Sunday wotship at St Catherine's has a bright and fn'endly feel to it which is g¢xxl for both regulars and visitors. We look forward to more people taking an active part in running the services in the CA)ming year Achrevements and PerfornMnce PCC IParochial Church Counull This year the PCC ha5 met every other month. Facilities in Ihe church are now all fvlty functional and we have b￿￿ able to carry out churth and communty events. Lwking ahead,the PCC is cvmrtted in the rebuihj of the church hall. of which the diocese will assist to move the piojectforward. Vve remain comitted in our efforts towards getbng the necessary funds lo start the building. The PCC has made the decision to iebuild the Church Hall as an extension to the church and therefore has morè funding options based on this_ Financial Revlew For the year endad 31 December. the tsust¢es consider the financial posttK)n of the tharity to be in line with expèct3tions The Parochial Church Council Of The Ecclesiastical Parish Of St Catherine Wrth St Paul Neasden Trustees. Report For the year ended 31 December 2023 Reserves Policy The Trustees have considered the level of rvserves they wish to retain appropriate to thè ehartty's needs. This is based on the charrty'5 SLZÈ and the level of o)mmitrnents held. The Trustees aim to ensure the charity wll be #b￿ to ujnlinue to fijlfil their charitable obiectsves Volunteer5 We would like to thank all the volunteers who have worted so hard to make our church community very vibrant and lively there are many peopk who have worked tiredlessly through out the year. Our church wardens Mr Rose and Ms t>oku. who have worked b"redlessly in keeping the chtJr¢h open and to meet all the needs of the corrtmunty Our foodbank have grown signtficantly and would like to thank the team for its efforts in raising funda. They have also manage to see the mission grow and able to meet rts p￿sent needs in the eommunty. Risk Review The trustees conduct periodic revievts of the major risks to which the charity is exposed and systems and procedures to manage those risks identifièd are implemented so as to minimise any potential impact on the charity should any of those risks materialise. ststement of Trustees Responsibilib•s Law appli(xble to charities in England antl Wales reqvire the trustees to prepare financial statements for each finanoal year Ythich give a true and fair view of the charity'$ financial activrties during the year and of its finanaal pogbon at the end ol the year. In preparing those financ4al ststements. the trustees are requirèd to." al Select suitable aco)L¢nb"ng politxès and apply them cKJnsistenlty". bl Make judgment5 and eskn"mates that are reasonable and pnJdent'. cl State whether applicable accounb.ng standards and Statements of recommended practice have been followed. subject to any departures disdosed and explained in the financial statements-. dl Prepare the finawal statements on the going corKem basis unless tt is inappropriate to presume that the chartty wll continue in operaty"on. The trustees are responsible for keeping the arujunting records which disclose wth reasonable accuracy at any time the finanrial positi.on of the charity and enable to ensure that the financial statements compty wrth the Charibes Act 1993 They are also re5poftsib￿ for safeguarding the assets of the chanty and hence for taking reasonable steps for the prevention and detection of fraud and other iriegularitses. Approval This report approved by the trustee5 Ofl .. . and signed on their behalf. Rev. A Canntchael Chairnian Mr E Rose The Parochial Church Council Of The Ecclesiastical Parish Of St Catherine With St Paul Neasden Accountants, Report For the year ended 31 December 2023 Accountsnts. report to directors of The Parochial Church Council OfThe Ecclesiastical Parish Of St Catherfne With St Paul Neasden We report to the trustees on my examinalion of the accounts of the above chafity I'the Trusfi for the year ended 31st D￿rnber 2023. As the charity's trustees. you are responsible for the prepaTrtion of the ac£oLants in aco)rdance th the fequirements of the charib.es Act 2011 llhe A(a-l. We report in respect of my examination of the Trust'5 ac(x)unts carried out under section 145 of the 2011 Act and in ¢arrwng out my examination, We have followed all the applicable Direth"ons given by the Chanty Commission under se(*on 145151{bl of the ACL We have completed our examination. We confirm that no material matters have come lo my attention in connection wth the examinaty.on which gives me cause to believe that in. any material respect". .the accounting records were not kept in a(xx)rdance sectron 130 of the Charities Act", or *the ￿￿Ou￿ts did not accord with the accounting records." or the accounts did not cornp￿ ￿th the applicaNe reqsjirements conceming the fom) and content I accounts set out in the Charibes (Aecounts and Reports} Regulats'ons 2008 other than any requirement that the acwunts give a Irue and fairf View which is not a matter considered as part of an independent examination. We have no concems and have (x)rne across no other matters in connection with the èxamination to which attentson should be drawn in this report tn older to enable a proper understanding of the accounts lo be reached. JWC Consulbng IUKI Ltd Accourrtants & Tax Advisors Unit A6 Atlas Business Centre Oxgate Lane London NW2 7HJ 15 May 2024 CHARITY (OMMIS510N FOR ENGLAND ANO WALE THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST Receipts and pa For the period fro enls accoun15 CC16a 0110112023 31112r2023 Section A Receipts and payments Unrestricted funds Restricted Endowme fiJn¢ts ntfunds Totsl funds Last year tothe nearest £ to thg nearest nÈawEst £ rwre5t£ Al ReGeipts Planned Gift Aid recovered ColleGlions Other Volunta Other recei Actwitves for eneratin Church Hall Lettin Rec&ipts from church a(tivitEs FDod Bank Non-recurrin one￿tt Investsnent Income 24,986 4.S12 2.220 494 1.575 24.986 4.S12 2.220 29.184 4.198 RÈee5 1,575 210 funds 27.324 27.324 21.277 1478 2.478 14.005 ran1$ 2,641 1.877 Sub tolal(Gross Njcome forARI 73.888 A2 Asset and investsnent sales. (see table). Sub total Totsi rtelpts A3 Payrnent5 Costs of generating fvnds Parish Costs Support Costs Church Running Expenses Church repairs & Mainten8n Hall Runniry Costs Mission orR airs Other resou[￿S expe￿jed 24.0 659 24710 2.677 24,000 24.315 185 17.793 24,710 2,677 271 9,083 94.045 8,788 8.788 Sub totsl 61,102 146.520 A4 Asset and Investsn8nt purchases, (see tablel Sub total 61.102 Nel orr8￿P￿(PayMentsJ AS Transfets between lunds A6 Cash funds last year end Cash funds this ywend 300,335 .33S 302.822 372.967 Section B Statement of assets and liabilities at the end of the period Unrestricted funds to nearest £ S9,970 242.852 Restricted funds to nearest£ Endowment funds to nearest £ Categories Detai18 B1 Cash funds Cash at bank and in hand Hall Accounts Total cash funds (agree balan￿S with receipts 302.822 Unrestricted funds to nearest£ Restricted funds to nearest £ Endowment funds to nearest £ Detsils Fund to which asset belongs Cost {optSonal) Current value (optional) Dètails B3 Investment assets Fund to which asset belongs Cost (optional) Current value {optional} Details B4 Assets retained for the charity's own use Fund to which liabiltty relates Amount due {optional) When due loptionall Details B5 Liabilities Signed by one or trustees on behalf of all the trustees Date of approval Signature Print Name The Parochial Church Ctyjnal OtThe Ecc￿Slan1£al Parish Ofst catheri￿ Vtrth St Paul Neasden Notes to the Atcourrts Forthe year ended 31 December 2023 Accounting pDlitie5 1.1 Bosi5 01p￿P￿￿tI0n The accounts have been prepared on the accruals basis, underthe historical cost convention, and in accordance with the Financial Reporting Standard 102, (effective 1st January 20161 and'FRS 102 SORP (Statement of Recommended Prattice for Accounting and Reporting by (haritiesl 2015, las amended bythe Bulletin issued in February 20161. trhe SORPI. published bythe Charity Commission in England & Wale5 ICCEWI. effective january 2016,. and in atcordance wtth all apolicable law in the charity'sjurisdiction of registration, except thatthÈ charity ha5 Prepared the financial statemeHt5 in accordance wtth the FRS 102 SORP (Statement of Recommended Prattscè forAccounting and Reporting by Ch8ritiesl 2015, las amended by the Bulletin issued in FebNary 20161, (The SORPI, in preference to the previous SORP, the SORP 2(M)S, which h35 been withdrawn. notwithstanding ihe fatt that the extant Statutory regulations, the Charities (Accounts and RÈportsl Regulations 2CX)8 refer explicitly to the SORP 2(X>5. This has been done to accord with current best practice. There ha5 been no char%e to the accountinE policie5 Ivaluation Tules and methods of accounting) sin last year. 1.2 Recognition of Incoming Resources Income. whÈther from exchange or non exchangetransartions, is recoBftised in the statement of financial Inve5trnent incorne-. this is included in the accountswhen ￿te1vable. Volunteers In accordance with the SORP. and in recogn¢tion of the dlfftcU￿IeS in placing a rnonetary value on the Contribut￿On from volunteers. the tontribution of volunteers 15 not irKluded within the incomÈ of the charity. However. theirusteesvaluÈ the Significant contribLrtion made to the activitie5 irfthe charity by unpaid volunteers_ 1.3 Resources Expended Resources expended are rÈto8ni5ed in the peri(Kl in which they are incurred. Resources expended include attrIbl￿ble VAT whiih cannot be recovered. Income Intome ￿p￿sents donalion5 from the general congregatM)n and other income recetved VOLUNTARY INCOME 20Z3 2022 This is stated afterchar8tng= Planned Giving Collections and other givinE Othervoluntsry receipts Non-recurring one off grant FoDd Bank Gift Aid recovered Other receipt5 Activities for generating funds Investment income REcEipt5 frutn church Hctivttie5 24.986 2.220 494 2.478 4.512 1.575 23,716 5,468 2.641 14.005 4,198 210 496 1,877 21,277 27.324 63,589 73.888 The Par￿hla1 Church Countil OFThe Ecdeslastltal Parish Ofst CatherineWIth St Paul Neasden Notes to the Accounts For the year ended 31 De￿Mber2O2J FUNDR￿SING. 2023 21)22 EvÈnt expenses Event statt Costs assoclated wrth event 194 CHARITABLE AcnvmE5COSTS 2023 2022 Food Bank 8,788 3.260 MoVEmEP￿ IN FUNDS 20?3 At l January 2023 PTior year adjustmènts At l January 2023 Surplu51lDeficitl for thÈ peiiod Restricted 5urplu5 Transfer to capital redemption reseThe 31M).335 31K),335 2.487 At 31 December2023 302.822 Irthmtng Resources Ae50urces Ex￿nded Movernent in fund5 Unrestricted funds General fund 63.589 61,102 2.487 Total Income 63.S89 61.102 2,487 Incotning Resource5 Resources Expended Movement in funds Restricted funds General fund 2.478 8.788 16.3101 Totsl IrKome 2A78 8.788 16.3101 Resources Expended Analysis or resouices experts¢d Charit3ble Actwities Parish Share 2023 2022 24,0(M) 24,315 Totsl Operatin6 Cost 24.SKKI 24,315 Supportcosts Parish Training and mission Church running- Electricity 498 3,566 3.89) The Parochial Chur¢h Cgun(il OfThe Ècclesia#i¢al Parish Ofst Catherine Wrth St Paul Neasden Notes to the Atcour Forthe year ended 31 Detember 2023 Church running- Gas Church running- Water Clergy and Staffing Costs Telephone and fax Insurance Church Repair5 and mainten8nce Bible RoadinE Fellowship sundry expenses 4,224 360 658 617 5.991 2.676 504 7,802 26,722 3,237 458 544 5,284 2,927 247 1.032 17,793 ital Costs & Ma Rè Consultancy fees'.- Surveyor 1.315 1.315 94,045 Total ManaÈÈrnent & Admlnlstrabon Costs 28,037 111.838 Hall Runni Insurance Costs 271 271 Taxation The organisatlon 15 a charity registe￿ through the a)urch Of England. It is Th)t iherefore subjett to Taxatioft. Trustees. remuneration and Related P3rtyTransactions None of the trustees received any remuneration during the year_ No trustee had any personal interest in any contratt or transaction entered into bythe charity during the year.