CHARITY COMMISSION FOR ENGLAND AND WALES Trustees, Annual Report for the period From 1 January 2024, Period start date. to 31 Dece Period end date Charity Commission Charity name: Boxley Church Hall Charity Charlty registration number: 1069436 2 QCT 2025 Objectives and Activities Received SORP referer Summary ofthe purposes of the charity as set out in its goveming document Para 1.17 To further the religious and other charitable work of the Church of England in the Ecclesiastical Parish of St. Mary the Virgin and All Saints. Boxley. Summary ofthe main activities in relation to those purposes for the public benefit, in particular. the activities. projects or services identified in the accounts. Statement confirming whether the trustees have had regard to the guidance issued by the Charity Commission on ublic benefit Para 1.17 and 1.19 During 2024 income from investments accrued in previous years was used to purchase land adjacent to the church to secure some parking which is required to maintain activity in St Mary the Virgin and All Saint's Church. Para 1.18 The trustees have had regard to the guidance issued on public benefit. Additional infonnation (optional) You ma choose to include further statements where relevant about: SORP referen Pard 1.38 Policy on grant making NIA the charity does not make grants Policy on social investment including program related investment Pafa 1.38 Funds invested with CCLA Para 1.38 NIA Contribution made by volunteers Other Achievements and Performance SORP ￿fferenCe Summary of the main achievements of the charity, identifying the difference the charity's work has made to the circumstsnces of its beneficiaries and any wider benefits to society as a whole. The charity is focussed on enabling St Mary the Virgin and All Saint's Church continuing to provide worship and pastoral care within the parish. At this juncture provision of adequate car parking to enable continued use of the building is the chanvs priority. Additlonal infomiatlon (optional) You ma choose to include fvrther statements where relevant about: Achievements against objectives set Pard 1.41 Performance of fvndraising activities against objectives set Para 1.41 Our CCLA investments continue to perform well Investment performance against objectives P¥a 1.41 Other Financial Review Review of the charity's financial position at the end of the eriod statement explaining the policy for holding reserves statin are held Amount of reserves held Reasons for holding zero reserves Details of fvnd materially in deficit Explanation of any Un￿rtaIntieS about the charity continuing as a oin con￿rn Para 121 Income £28.982, Expenditure £84,266. Cash and Investments £1.049,959. PaTr122 Investments held to provide income to support the objectives of the charity Para 122 £1,086,968 NIA Para 122 Para 124 NIA Para 123 NIA Additional infomiation (optional) You ma choose to include further statements where relevant about: The charity's principal SoUr￿S of funds (including any fundraising) Pard 1.47 Investment Income Investment policy and objectives induding any social investment policy adopted Invesknent in CCLA funds Para 1.46 A description of the principal risks facing the charity Para 1.46 Fall in retumslasset value Other structure, Governance and Management Description of charitys trusts: Type of governing document Para 125 Trust Deed How is the charity constituted? .g uriincoi'poroled Para 1.25 Unincorporated Trustee selection methods including details of any constitutional provisions e.g. election to post or name of any person or body entitled to appoint one or more trustees Para 125 Four offi￿rS of the Parochial Church Council (PCC) of St Mary the Virgin and All Saints Church, Boxley on behalf of the PCC, the managing trustee. Additional information (optional) You ma choose to include further statements where relevant about: Policies and procedures adopted for the induction and training of trustees Para 1￿1 The charity's organisational structure and any wider network with which the charity works Para 1.51 Relationship with any related parties Para 1.51 other Reference and Administrative details Chari name Other name the charity uses istered chari number Charity's principal address Boxley Church Hall Charity 1069436 8 SHEPHERDS GATE DRIVE WEAVERING MAIDSTONE ME14 5UU Names of the charlty trustees who manage the charity Dates acted rf not for whole Trustee name Office {rf any) Name of person (or body) entlded oint trustee ifan The Parochial Church Council of St Mary and All Saints, Boxley Rev Robert John Tugwell (Chair) Irscar St Mary the Wirgin and All Saints, Boxley Treasurer (also treasurer of PCC) Churchwarden St Mary the Virgin and All Saints. Boxley Churchwarden St Mary the Virgin and All Saints, Boxley Martin Anthony Arney Jacqueline Saunders The Parochial Church Council of St Mary and All Saints. Boxley The Parochial Church Council of St Mary and All Saints, Boxley Gillian Peggy Munson The Parochial Church Council of St Mary and All Saints, Boxley 10 11 12 13 14 15 16 17 18 19 20 orate trustees - names of the directors at the date the re Director name rtwasa roved Name of trustees holding title to property belonging to the charity Trustee name Canterbury Diocesan Board of Finance Dates acted If not for whole From 17 April 2024 Custodlan Trustee for land urchased Funds held as custodian trustees on behalf of others Description of the assets held in this capacity Name and objects ofthe charity on whose behalf the assets are held and how this falls within the custodian charity's objects Details of arrangements for safe custody and segregation of such assets from the chariVs own assets Additional information (optional) Names and addresses of advisers (Optional infonnation) Type of Name Address adviser Name of chief executive or names of senlor staff members (Optlonal information) Exemptions from disclosure Reason for non4isclosure of ke rsonnel detsils Other o tional infomiation Declarations The trustees declare that they have approved the trustees. rep9rt above. Signed on behalf of the charity's trustees Signature(s) Full name(s) Position (eg Secretary, Chair, etc) Date ## BOXLEY CHURCH HALL CHARITY ## (Charity no. 1069436) ## REPORTS AND ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2024 ## BOXLEY CHURCH HALL CHARITY ## TREASURER’S REVIEW OF THE YEAR ENDED 31 DECEMBER 2024 ## Financial Review The accounts have been prepared in accordance with the Church Accounting Regulations 2006, using the Receipts and Payments basis. Bank balances, including CBF Deposit Funds totalled £20,702 at 31 December 2024 (31 December 2023 - £75,986) (page 2). The decrease arises from using £58,000 from the CBF Deposit Fund towards £70,000 paid for the freehold of land to the north of the church, which is registered to the Custodian Trustee, Canterbury Diocesan Board of Finance, and held by it on behalf of the charity. The remaining £12,000 was funded from the current account. Receipts of investment income and interest remained similar (2024 - £28,982, 2023 - £28,599). There were professional fees of £7,198, primarily in relation to the purchase of the land (2023 £6,216) and costs of £7,068 for fencing the boundary in part and road works. The land has been purchased to provide some security for parking cars, subject to planning permission, in the future, there being very limited availability within the village leaving the church reliant on the goodwill of the owners of Boxley House to allow the use of its drive for services and events. The Missioner (2024 - £0, 2023 - £9,138), who was employed by the Diocese and funded in part by the charity, retired in September 2023 after a planned fixed term of six years and there is no plan to replace him. The increase in the Investments valuation is due to the revaluation of the shares which have done well in 2024 (31 December 2024 - £996,266 & 31 December 2023 - £973,973) (page 3). This review should be read in conjunction with the Financial Review and Reserves Policy contained within the Annual Report. **==> picture [252 x 122] intentionally omitted <==** **----- Start of picture text -----**
Y,//
M ARNEY .
/ / Date: Va are BNE Dore
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1 ## BOXLEY CHURCH HALL CHARITY ## RECEIPTS AND PAYMENTS ACCOUNT - RESTRICTED FUND ## For the year ended 31 December 2024 **==> picture [474 x 254] intentionally omitted <==** **----- Start of picture text -----**
|||||||||||| |---|---|---|---|---|---|---|---|---|---|---| |2024|2023| |RECEIPTS| |Investment|income|27,036|26,623| |Interest|1,946|1,976| |28,982|28,599| |PAYMENTS| |Missioner|Funding|-|9,138| |Professional|fees|7,198|6,216| |Land|Purchase|70,000|-| |Other|Expenditure|7,068|-| |84,266|15,354| |EXCESS|OF|RECEIPTS|OVER PAYMENTS|(55,284)|13,245| |Bank|current and|deposit accounts|at|1|January 2024|75,986|62,741| |Transfers|to|Investments|-|-| |Transfers|from|other|accounts|-|-| |Bank|current and|deposit accounts|at|31|December 2024|(page|4)|20,702|°|75,986| **----- End of picture text -----**
2 ## BOXLEY CHURCH HALL CHARITY ## STATEMENT OF ASSETS AND LIABILITIES AT 31 DECEMBER 2024 **==> picture [481 x 548] intentionally omitted <==** **----- Start of picture text -----**
Boxley Hall Restricted Totals
fund funds 2024 2023
(endowment) (page 4)
Monetary assets:
Bank current account - 13,204 13,204 12,348
CBF Deposit fund - 7,498 7,498 63,638
Funds held by Diocese - - - -
Total cash - 20,702 20,702 75,986
Debtors:
Gift Aid tax receivable - - - -
Prepayments and sundry debtors - - - -
Total debtors - - - -
Other assets:
Freehold land and buildings (valuation) 70,000 - 70,000 -
Investments (valuation) 996,266 - 996,266 973,973
Total other assets 1,066,266 ~ 1,066,266 973,973
Liabilities:
Sundry amounts payable - - - -
Total Liabilities - - - -
NET ASSETS 1,066,266 20,702 1,086,968 1,049,959
Approvedby the Managing Trustees (Boxley PCC) On ......0......0cc000078 SeadAASSh OH orkVV
and signed on its behalf by:-
Reverend Robert Tugwell, Chairman ofBoxley PCCan)
MrMArney, TreasurerofBoxleyPCC/ Xe ;Sn
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3 BOXLEY CHURCH HALL CHARITY RESTRICTED FUNDS STATEMENT OF ASSETS AND LIABILITIES AT 31 DECEMBER 2024 Boxley Hall fund Totals 2024 2023 Monetary assets: Bank current account CBF Deposit fund Total cash 13,204 7,498 20,702 13,204 7,498 20,702 12,348 63,638 75,986 Debtors: Gift Aid tax receivable Pr8payments and sundry debtors Total debtors Other assets: Freehold land and buildings Investments (valuation) Totsl other assets Llabllltles: Sundry creditors Receipts in advance Total Liabilities NET ASSETS 20,702 20,702 75,986 BOXLEY CHURCH HALL CHARITY NOTES TO THE ACCOUNTS for the year ended 31 DECEMBER 2024 STATEMENT OF ACCOUNTING POLICIES The accoullts of the Boxley Church Hall Charity have been prepared in accordance with the Church Accounting Rcgulations 2006, using the Receipts and Payments basis. The accounts have been prepared under the historical cost convention except for the valuation of inveslmcnt ils%Cts, which ar¢ shown at markct value. The accounts include all transactions, asscts and liabilities for which the Managing Trustees (Boxley PCC) is responsiblc in law. They do not include the accounts of church groups that owe their main affiliation to anothLr body, nor those that are inforn]al gatherings ot. church mcmbers. Funds Details of the restricted and endowmcnt funds are set out in Note l. All the funds of thc Boxlcy Church Hall Charity arc maintained either in bank current accounts with major high strcct banks, or on deposit with CBF Church ofF.ngland funds. Incoming resources Dividends are accounted for when receivable, interest is accrued. All other incomo is recognised when it is receivablc. All incoming resources are account¢d for gross. Statement of Assets and Liabilities The following assets are recognised and a monetary value given part of the description in the Statement of Asscts and Liabilities.. Closing bank balances as shown in thc rcccipts and payment account. Investments comprising CBF income shares and quoted investment8 held beneficially by the Boxley Church Hall Charity (included (It market value at 31 December). BOXLEY CHURCH HALL CHARITY NOTES TO THE ACCOUNTS for the year ended 31 DECEMBER 2024 continued FUND DETAILS Thc Boxley Church Hall Charity's fi]nd balances at 31 Dcceniber are summarised within the Statement of Assets and Liabilities. The movements on each fund during the year are disclosed separately. Restricted Funds The funds held are for specific restricted pury)oses as set out in the objects of the charity. Boxley Hall fund income from this investment is to be spent on furthering the religious and other charitable Work of the ChuTch of England in the F.cclesiastical Parish of St. Mary the Virgin and All Saints, Boxley. Endowment Funds The Boxley Hall Fund consists of 43,086.06 CBF income shares & all the income.from this investment IS Testricted as above. PAYMENTS TO BOXLEY HALL MANAGING TRUSTEES (PCC MEMBERS) No payments OT expcnses were paid to any PCC member, persons closely connected to them or related parties. INDEPENDENT EXATrttNER'S REPORT TO THE IVIANAGING TRUSTEES OF THE BOXLEY CHURCH HALL CHARITY I report on the financial statements for the year ended 31 December 2024, which set out on pages 2 to 4. Respective Responsibilities of the Trustees and Independent Examiner Th¢ charity's trustees congidcr that an audit is not required for this ycar under section 144(2) of the Charitics Act 2011 (the 2011 Act) and that thc independent examination is necdcd. It is my responsibility to: Examine the financial statements under section 145 of the 2011 Act. follow the procedures laid down in the General Directions given by the Charity Commissioners section 145(5)Ib) ofthe 201 l Act; and state whether particular matters have come to my attention. Basis of Independent Examlner's Statement My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a cornparison of the financial statemenl.s presented with those records. It also inLludes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the managcment committee concerning any such matters. The Procedures undertaken do not provide all the evidence that would be required in a full audit, and consequently I do not express an audit opinion on the financial statements. Independcnt Examiner's St*tement In connection with my ¢xamination, no matter has com¢ to my attention.. l ) which gives me reasonable cause to believe that in any material respect the requirements to keep accounting records in accordance with s.130 of the 20 R l Act; and to prepare accounts which accord with these accounting records have not been met. or 2) to which, in my opinion, attention .qhould be drawn in order to enable a proper understanding of the financial statements to be reached. Allan Ilickie Bsc FCA UHY Hackcr Young Thames House, Roman Square, Sittingbourne, Kent. 21 May 2025