St Saviour's Church, Chalk Farm Independent Examiner's Report to the MemberslTrustees of St Saviour's Church, Chalk Farm Parochial Church Council I report to the trustees on my e¥arniF5ation of the aCconts for the year ended 31 December 2024. ResponsibllftlÈs and basi50f report As the charity trustees you are responsible for the preparatton ol the accoursls in accordan with the requ*remÈnts of the Chèritfie& Act 20111'the Act'l. I report in respert of my eKaminath"on of the Trust's accounts carried OLrt under sectton 145 (If the 2011 Art and in orrying out my examination I have followed all the applicable Directions given by the Charity Comtni55ion under 5ecknon 14515llbl of tho Art. Independent examinerf5 Statement I have completed my examination. I confirm that rto tnaterial rnatter5 hwe come to my attention il) connection with the exarnination giving me cause to believe that in any rnaterial re£pect= a££ounting retord5 were not pt in respert of the Tfust as required by settion 130 of the Act- or the accounts do not accord with those fecords.. or 131 the accounts do not comply wilh the applicable reqyirement5 concerning thÈ fom and ttsntent of accounts Set out in the Charities (Accounts and Reportsl ReEulation5 2(J8 other than any requirement that the accounts give a'tfUÈ and fail view. which is nol a matter consid@iÈd as part of an irLdependevt examinaro I have no concerns and have come across no other matters in connectiori with the examination to which attentton should be drawn in this rÈport in orderto enable a proper undev5tanding of the accounts to be reached. SiKned= CP rfL-(-y3 Mrs C P Phlllips. FCCA C H Jefferson & Co Su4te I 4 Park Square Scunthorpe North Lincolnshi DN15 6JH Date: 11 Marth 20Z5
Page I ST AVIOUR'S CHALK FARM ANNUAL REPORT FOR THE YEAR ENDED 31 DECEMBER 2024 Aim and PUTposes. Si Saviour's Parochial Church Council (PCQ has the Tesponsibility of promoting in the ecclesiastical paTish. the whole mission of rhe chuFch. pasiornl. evangelists"c. social and ecumenical. Objectives aDd activities The PCC is committed io enabling as many people as p05sibl¢ to ViOTship with us and to become paTI of our parish communtty- Our services and wotsbip put faith into practi¢¢ through player. sctiptur¢ and mu51t and sacraThent. When plaJ]lling our acttiilies for th¢ year. th¢ PCC have considered the Charty Commission's guidanc¢ on public be¥Lefit and, in particular the guidance on charities for the advancemelst of religion. We ty to enabl¢ ordinary people to live out their faith a5 part of ow parish community through: Worship and prayer; (eaLhing the Gos] and developing thcir knowledge and tru51 in Jesus Provision of pastoral care tor people livlng in the parish Mi$sioTW and outreach work. All of this can be summarised by ihe PCC considering, in everything it doe5. its Mission Statemcnt: 'In Christ wc welcome tvcryolle- to grow together in faith that we mibht slwe the unconditional love of God for all,. To facilitate and support this work it is important that the PCC maintains the fabric and improves the facilities of our buildings. Achlevements 2nd performance Despite this being the second year in vacancy (haiing no priest) the church has managed to function. Wotship and prayer The main service has been a EuchaTiSt at 10.30 a.rn. on Sundays. In the first el¢ven months of the y¢aT this has alternated with a setyice at St Peter's. B¢lsiz¢ Square. On th¢ Sundays when there has not been a morJ5ing service at St Saviour's theR has been a lay-lcd afternoon setvice. This h25 altemated bEtween an Evening Prayer in Celtic manner and a service of Taizé worshtp. Since Advent (December) both St Saviour's and St Peter's have had th¢ir own Eucharisl s¢rvtces. Ta3zé worship has continucd. Lecrio DIna has b¢¢n hcld for an houT a week aliernating monthly between St S2viour'5 and St Peler's. This continues. Pastoral care Wid¢ ranging Vdstoral care ha5 Ilot been possible. However. for an how on Tuesdays and Thursdays the church has been QPEned for private prayer, with two members of the Con&atiOn present a5 watcheTS. Two petsons have come ¢on5isiently and we believe have fouud ihis helpful_ Mi10n. outreach and ¢vangelistn A Carol Service on 15 DcceEnberwas aiiended by 85 people (including choir atjd 10 childr¢n.
Page 2 D¢anery syniKL Camden DcAnery Synod et three iLmcs during the yw, atld ptovides Ik¢ PCC wiiFL imrthant link btttveen th¢ parish attd the wide[ strU¢T¢S of thc chuTch. Atnottg topics discussed were thc progress of fund rai5iDgby St Mary Eversholi StrteL in which thc de3ncry sllpported ihc parish in an appeal for more time to avert a potential closure for public worship. On¢ of the mectings was an introdvctory meeting wilh the new Bishop of Edrnotrtor*. Bishop And¢rs(m. Biief oral Teports of actiVltie5 in th¢ paTÈshes werc inwthd at all meetings. A pre5eotation on Tacial justice was p05tpotted io a later rneetig. Jxnei Cowen. St Saviour'5 Dcallery Syllod represeniativc, atteTrd¢d all tbtec meettngs. Safeguaiding The PCC confinDS that has COTnplied with its duty under section 5 of th¢ Safeguarding aDd Clcrgv Discipline Measure 2016 (dllty to have rcgard to the House of Ilishops. guidance on safeguarding children andvulnerable athilis}. Voluntee Beyond the PCC we have no volunteeTS regulaTly engaged in particular fftatters, Ihough memb¢rs of th¢ congr¢gaiion help when they can. Thc contnbution of th¢ PCC is invaluable and the church could not fuThction withollt thern. Fillancial review Tottl receipis on unTestticted fvnds was £159.646. Totsl payments OFL unrestricted ttd$ amounted £316.908 of th'hich £240.953 spent on majoi repairs and maiTrtenance and £41,000 was contribuied to Ihe tnndon Dioccsam Common Fund_ The net tesult for th¢ year was an ¢xcess of payments over receipts of £157.262 on unre5trictcd funds. Thc balance to carry fO'ard at 31 Dccember 2024 on unrestricted funds was £l35,064. The balallce to carry fonvard on r¢slrictcd funds at 31 December 2024 was £1.873. b¢iThg the amount relating to ihe windows project. Reserves policy It is the PCC policy to ]naÉntsin tlke r¢commended batance on unrestricted fiukds which equat to at least three months of th¢ norn)al runDing costs. The cash balance on the unrestricted fLmd5 at the year- end is well in excess of this figure. Strneture. governallce attd management St Saviour's Church is situated at Eton Road. Chalk bm. London NW3 4SU. It is part of the DieSe of London vrilhin the Chureh of England. Th¢ PCC is a COEporaie body estsblished by the cllh of England. The PCC operntes ushder ihe Paio¢hial Church Council Powers Measure 1956 and th¢ Church RepTcsentaison Rules 2011. Ftom 30 May 2024 it 15 a chariry ieui5tered with the Cbariry CornmissioTh undei charity registration nutnber 1208457. R¢gi5tratioll is iti th¢ nartLe of The Parochial Church Council of the Ecclesiastical Parssh of St Saviour, Chalk Fartn. The method of appointm¢Tht of PCC members is set out im the Church RepTesentation Rulcs. Membership of the PCC consists of the churchward¢n5. and members elected by those memb¢rs of the congregation who are (m ihe electordl role of the church. Melnbers of the cgngregation are encouraged to r¢sEe1 the EleLtoral Roll and stand for election to the PCC. PCC members are responsible for making decisxons on all matters of genetal concern and impoTlance to the parish including deciding on how the fiinds of the PCC ate to be spent. New members haTre
Pag¢ 3 some indlletion and are made aware of th¢ir T¢Sponsibilities. The PCC ¥net on 7 occasions thiring the year. The av¢rdge level ot attendanc¢ at PCC mectings during the year was 90 V/r*. It enjoys ihe support of a parish adminigtrator, David Barton. Th¢ PCC membeT5 WI have scr¥ed during the year were #s follows.. Barbara Brend (Chair) Ming Yen Celia Pachmayr Christopher Cooke Corinne Moyes Janei Cowen Approved by the PCC on 3 March 2025 and signed on its behalf by.. Barbara Brend (Chair}
Page 4 sr SAVIOUR'S CHURCH, CHALK FARM FINANCtAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER Z024 RECEIPTS ANO PAYMENTS ACCOUNT5 Unrestricted Restrirted Total funds fvnds 2024 Total 2023 Irestatedl ReIPtS VL7luntary receipts 47,779 8.550 56.329 333,150 Church activities 46,130 46.130 34,S45 investment income- bank deposit interest 3.153 3,247 2.475 Other incoming resource5 62,584 62,584 Totsl receipts 159.646 8,644 168,290 370,170 Payments Church activities 316,908 8.550 325.458 212.450 Totsl paymertrts 316.908 8.550 325,458 212,450 Excess of payments over receipts 1157.2621 94 1157.1681 IS7,720 Cash at bank. l January 2024 292.326 1,779 294.105 136.385 Cash at banl 31 December 2024 135,064 1.873 136,937 294.105
Page 6 ST SAVIOUR'S CHURCH. CHALK FARM NOTES TO THE FINANCIAL sfATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 Unrestricted Restricted Total funds funds 2024 Total 2023 Rece5Pts Vo145ntsry income Church collections Parish giving scheme bnc gift aid Donations Grants from LDF Legacy 1.728 34.805 1.246 1,728 489 34.805 31661 3.246 300.000 6,550 10,000 56.329 333.150 2.000 6,550 io,cx)o 47,779 8.550 Income from church acttvities Octsgon nursery school Church hall lettings Church lettings Sundry ittcome 21,306 21.775 2,490 5S9 21,306 21.775 2,490 5S9 12,969 19.196 2.275 105 46.130 46.130 34.545 Other incoming resources VAT reclaimed under knsted Places of Worship scheme Insurance claims 60,817 1.767 62,584 60.817 1,767 62.584 Paymet7ts Church activities Charitable giving Diocesan Common Furkd Expenses of clergy Electhcity and gas Water 1.230 41,000 i( 1.230 41.0(Kl 487 41.000 2SS 10.073 1,194 6.379 240,953 10.073 14,452 1.194 1.144 6.379 6,494 8.550 249.503 136.173 41 8.624 2.910 600 270 8,550 325,458 212.450 Insurance Major repairs and maintenance Worship materials Admin support Costs Professional fee5 Accountancy fees M¥scell3neou5 expenses 13,131 1,680 1,080 88 316,908 13.131 1.680 1,080
Pe5 ST SAVIOUR'S CHLIRCH. CHALK FARM STATEMENT OF ASSETS AND LtABIUTIES AS AT31 DECEMBER 2024 Unrestricted Restricted fvnds fvnds Total 2024 Totsl 2023 Cash funds Cash at bank and in hand 135.064 1.873 136.937 294.105 Debtors Odagon nursery school Hall letttnE5 Prepayments 5.781 4.512 415 10,708 1.594 1,594 1,594 A debtor for gift aid cannot be established with any degree of certainty- 1.594 Liabilltles Creditors Accruals 13.060 1.830 14,890 600 600 600 600 Notes.. l. The financral statements of the PCC have been prepared in accordance with the Church Accounting Regulations 2006 using the ReiptS and Payments bas15 a5 the sn¢ome for the year is less than £250,000. As a result the tomparative figures for 2023 have been restated as those accounts were ppared tsn the accrua15 basis. 2_ Restrirted fund5 The windows project is a re5tiirted and only be used for ¥ep35rs, maintenance and the replacement of wlndows. 3. Giv¢nE through planned giving and tsfferings intludes £23,997 received from PCC members. Approved by the PCC on 3 March 2025 and signed on its behalf by.- Barbara 8Tend Ichairl