# The Parochial Church Council of the Ecclesiastical Parish of Christ Church Sidcup
Registered Charity No. 1127351
# Christ Church Sidcup PCC
# Annual Report
# and
# Financial Statements
For the year ended 31 December 2022
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Independent examiner: Ms Emilie Radley Ayrles Barn, Elton Lane Newnhan on Severn, Gloucestershire GL14 1JJ
## The Parochial Church Council of the Ecclesiastical Parish of
## Christ Church Sidcup
## Christ Church, Sidcup PCC Annual Report for 2022
## Administrative information
Christ Church is situated in Christchurch Road, Sidcup. It is part of the Diocese of Rochester within the Church of England. The correspondence address is The Vicarage, 16 Christchurch Road, Sidcup, Kent DA15 7HE. Christ Church, Sidcup PCC is registered with the Charity Commission No. 1127351. Objectives Christ Church, Sidcup PCC has the responsibility of co-operating with the incumbent, the Rev Thomas Parsons, in promoting in the ecclesiastical parish the whole mission of the Church, pastoral, evangelistic, social and ecumenical. It also has maintenance responsibilities for the Church and Church Hall, Woodside Crescent, Sidcup. Further details are provided in Achievements and Performance later in this report. PCC Membership Members of the PCC are either ex officio or elected by the Annual Parochial Church Meeting (APCM) in accordance with the Church Representation Rules.
During the year the following served as members of the PCC:
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|||||||||
|---|---|---|---|---|---|---|---|
|Ex|officio|members:|
|Incumbent:|The|Rev Thomas|Parsons|Chairman|
|Curate:|Rev Adam|Curtis|
|Reader:|Mr Andrew Young|
|Wardens:|Mr Tom|McMahon|
|Mrs|Dawn|Watson|
|Deanery Synod|Representatives:|
|Mr|Stephen|England|Until|APCM|2023|
|Mr Andrew|Young|“|“|“|
|Elected|members:|Ms|Sarah|Moore|Until|APCM|2023|
|Mr|Philip|Wigley|i|,|.|
|Mr|Robin|Younghusband|“|“|“|
|Ms|Kelly|Newman|ae|-|-|
|Mr|Mike|Barrett|Until|APCM|2024|
|Mr|Howard|Bunting|“|“|“|
|Mr|Leigh|Evans|.|“|?|
|Mrs|Jenny|Rutter|“|“|“|
|Mr|Daniel|Beckley|Until|APCM|2025|
|Ms|Carole|Hazelgrove|.|.|.|
|Ms|Desi|Lambina|“|“|“|
|Co-opted members:|Mr|Paul|Atkinson|Until|APCM|2023|
|Mr|Greg|Farrell|“|“|“|
|PCC Secretary|Mr|Robin|Younghusband|
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## PCC Committees
The PCC is assisted by four committees, which meet between full meetings of the PCC:
## Standing Committee:
This is the only committee required by law. It has power to transact the business of the PCC between its meetings, subject to any directions given by the Council.
## Mission Committee:
Attends to matters relating to the support of mission and relief agencies worldwide.
## Fabric Committee:
Attends to matters relating to the stewardship of plant, such as the church buildings and fabric, the churchyard, the Vicarage and the Church Hall, Woodside Crescent, Sidcup
## Build Committee:
Christ Church is completing a project aimed at developing the Christ Church building for the future. This Committee oversees these developments. The Committee has completed its work on the West Wing Annexe.
PCC Members are encouraged to develop their knowledge and understanding of the aims and objectives of the Church by also participating on one or more of the committees. Newly elected PCC members receive induction training according to their needs and previous experience with this or other charities.
## Parochial Organisations
These accounts include the operation of Church Parochial Organisations that have their main allegiance to the PCC but which are managed independently by respective committees using facilities of the Church and Church Hall and have their accounts presented to the PCC on an annual basis.
The Parochial Organisations are:
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|||||||||||
|---|---|---|---|---|---|---|---|---|---|
|Meeting|dates|
|Mothers|and|Toddlers|| 0-5&Carers|| Thursday am term|time|Church|Hall|
|0-5|&|Carers|Church|Hall|
|Christchurch|Playgroup|||Pre-School|Mon,|Wed,|Friamtermtime|||Church|Hall|
|Boys|Brigade|School|Age|Fridays|pm|term|time|Church|Hall|
|Bumps|and|Babies|0-1|&|Carers|||Thursdays|am|weekly|
|CYFA|School|Age|Friday|pm|weekly|
|Contact|Club|Tuesday am|weekly|Fellowship|Rooms|
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aD a
## Achievements and Performance
## Review of the year
We can only be deeply thankful to God that 2022 was a year of energy and growth at Christ Church. At the start of the year the UK was still in the shadow of the Covid-19 pandemic. The story of the year could easily have been one of sluggish recovery. In fact, God has increased our activities, numbers, giving and staff team.
One development to highlight is the appointment of Kevyn Oliver, who began his work as Children, Youth and Family Minister in November. We had tried, unsuccessfully, to appoint someone to this sort of role over the last several years. Welcoming Kevyn and his family from Brazil has been a joy, and we are grateful for God’s provision — both of Kevyn himself and of the finances to make the role possible.
Children and Youth ministry has gained momentum during the year. It was perhaps the area of church life hardest hit by the pandemic. But there has been a recovery. For example, during the summer, Desi Lambina held Sunday lunch BBQs for families with pre-school-age children. By the end of the year, we had a busier créche than for some time and we were able to re-open Bright Sparks, the Sunday group for 3-5s which we had closed shortly before Covid struck. Our first holiday club for many years was held during the February half term for primary school age children. Meanwhile the two groups for older children (Pathfinders and CYFA) held a joint weekend away in the summer.
During the year, Christ Church has tried to keep a strong evangelistic focus. This is spearheaded by Adam Curtis, our Curate. He has led Christianity Explored, Life Explored and Hope Explored Courses. In March we were privileged to welcome Rory Steyn to speak at a packed dinner at the Limoncello restaurant. Rory was Nelson Mandela’s chief bodyguard. He shared stories of his work with that great leader, and also about his relationship with Jesus Christ. Then in May, we welcomed Rico Tice to preach evangelistically in the morning service and in September, Glen Scrivener came to Christ Church for a whole day of evangelistic activities. One event that tied together our focus on young people and on evangelism, was the Confirmation Service held in October. Ten members of Christ Church, representing all ages, took the step of public commitment to Christ. They were confirmed by the, then very new, Bishop of Rochester, Rt Revd Dr Jonathan Gibbs.
During the year, Christ Church has been joined both by people moving into the area and some from other churches. In addition, some have come to us without any kind of church background. During 2022 we continued to establish the Christ Church Welcome Course into our programme. This three-week course is designed to introduce newcomers to the life of the church. We also used the material for our Lent Course too, enabling longer-standing members discover what the newer people are being told about the church they know so well!
This year featured lots of opportunities for church members to meet together and deepen relationship, including a series of bring and share lunches after Sunday morning services. Best of all, around sixty adults and children spend a day away together at St Nicholas’,
~~
Sevenoaks. On a beautiful September day, we enjoyed the preaching of Angus MacLeay, Rector of St Nicholas’, and a memorable afternoon in the Knole Park.
Regular fellowship has been sustained through our ten home groups which, this year, have shared in studies on 2 Timothy and 2 Corinthians. We are especially thankful for all the group leaders. Women of Faith, has continued to meet a need for fellowship and encouragement, not only for women in Christ Church but those from other local churches who come alone too.
There have been plenty of opportunities to welcome those not currently part of the church into our community life during this year. As always, the Contact Club acts as a bridge to many local people. It continues to be popular, with its stimulating programme of speakers and outings for the active retired. Likewise, the Craft Group, the Boys Brigade, Tiny Tots, Mums and Toddlers and Bumps and Babies serve many from our parish and wider area. In addition, during the year, we have offered the West Wing annexe as part of the national Warm Space initiative — a response to the cost-of-living challenges associated with rising heating costs.
In November, Christ Church joined another national initiative: Safeguarding Sunday. it was a privilege to welcome David and Pauline Pearson, founders of the safeguarding organisation, thirtyone:eight. We have strong links with the organisation through Church Warden, Dawn Watson. It was not only enriching to hear from David, but also an important opportunity to remind the church family of the vital importance of safeguarding in the life of the church.
The Church Council has worked well together during the year, rising in faith to the challenge of funding a new full time ministerial role. This decision has proved warranted in view of the significant rise in the regular giving to Christ Church which has contributed significantly to the very encouraging financial results for the year contained in this report. Likewise, we have been able to meet the challenge of paying off this year’s instalment of the generous loan made to the PCC in 2021 for the replacement of the boiler.
As a church we are aiming to share in the life of Jesus and the share it out. The fulfilment of this goal is hard to quantify. As Vicar, however, | can honestly say that | believe we are experiencing more of Christ’s presence and work among us. There are signs throughout the church that we are moving forward in the three directions we are aiming for: deeper, wider and younger.
There is still much more progress for us to pursue. But we end 2022 with gratitude to God that he seems to have placed the church in a stronger position — by many measures — than we enjoyed before the pandemic.
## Church attendance
The previous Church Electoral Roll contained 145 names. 10 names were added during the year and 2 were removed. Therefore, the new Roll contains 153 names of which 51 live in the Parish and 102 live outside the Parish. The average weekly attendance during October was 117 over16 and 19 under 16. This number increases at festivals.
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## Safeguarding
The PCC has complied with the duty under section 5 of the Safeguarding and Clergy Discipline Measure 2016 and its duty to have regard to House of Bishops’ guidance on safeguarding children and vulnerable adults. Our safeguarding work is led by Parish Safeguarding Officer Dawn Watson.
## Financial review
Weekly and monthly financial giving to the church has increased further, for which we are sincerely grateful. Services have returned to their regular pattern and are no longer disrupted by COVID-19 restrictions. This year, total regular giving including the value of tax credits was £137,718 against £134,607 in 2021. The increase follows a shift in giving by more Parishioners to regular contributions by way of standing order or routine bank transfer. Designated contributions to support the installation of a new boiler in Church amounted to £5,068. And further, we have also seen increased collections through the plate rising to £6,503, including the associated tax credit, against £4,010 in 2021 as new members join our congregation.
Use of the Church Hall, the fellowship rooms and the West Wing Annexe has bounced back far exceeding previous years. Regular users have been firmly established in all locations. Playgroup, Mothers & Toddlers, TOTS, Brownies and Boys Brigade, Contact Club all make valuable contributions, together with external groups like the New Eltham Dance School and Barclays Bank who are committed for the longer term. Add to that, there are numerous occasional bookings for meetings or training and party hire. So you can see how more than £15,000 has been received at the Hall and nearly £5,000 for the West Wing and Fellowship rooms.
The Diocese has supported the Church through a number of grants during the year. Continuing to help with the cost of accommodation for our Curate, enabling the purchase of resources from the Reinvigorate fund for Children and Youth and supporting the Church with energy cost offset grants. This total income of £14,127 compares with £9,500 in the previous year. Our Parochial Organisations continue to operate effectively. However, in respect of the Playgroup, there has been a recent decline in birth rate combined with reduced inward migration and the consequences of COVID which have led to reduced numbers attending the playgroup, Its’ finances were affected and it recorded an unhelpful deficit this year. The PCC remain reassured that each of the Parochial organisations has sufficient reserves to meet their liabilities and is able to continue operating effectively. The Playgroup Management Committee is taking steps to mitigate the temporary reduction in income.
Adam, our Curate is joined by Kevyn our Children, Youth and Families Minister making up our Ministry Team. We are very fortunate to have the financial surplus to employ such terrific human resources to support our mission of growth at Christ Church.
a Ba
Mission giving remains an important focus at Christ Church. COVID hampered the traditional Mission day collections. The Committee sought ways to become more flexible and they increased the use of the Stewardship online channel which was welcomed.
Mission fundraising provided gifts of £11,197, this year, as against £10,605 previously. The Agencies and Charities in receipt of our support are disclosed on page 15 of these accounts.
At the end of December 2022, a total of £23,000, from the original loan to install the boiler, remains to be repaid over the next 4 years and we will continue with specific fundraising and appeals in order to lessen any draw upon general reserves.
After persistent questioning, Santander reappraised the fraud perpetrated on the Church in 2020 and concluded that we should benefit from a reimbursement of our loss. This has been gratefully received. The fraud gave rise to the double payment of maintenance expenses for 2020 and it is therefore appropriate to apply the credit to that same expenditure line.
## Going Concern
After making appropriate enquiries the PCC has concluded that it has adequate resources to continue its activities for the foreseeable future. For this reason, it has continued to adopt the going concern basis for the preparation of these accounts.
## Reserves policy
The PCC reviewed its reserves policy and has concluded that ideally undesignated unrestricted reserves should match the average value of unrestricted payments in a year. This will cover emergency situations that may arise and provide a sensible working capital for the needs of the PCC.
By completing the boiler works ahead of receiving funding there is a temporary adverse reserve of £21,390 for which future fundraising will be needed to bring this project back into balance.
At the end of the current year general reserves, excluding the boiler deficit, remain at some 50% of that ideal target.
Designated reserves are set aside principally to meet repairs and improvements to the Church angsHall. These are reviewed on a 5-yearly basis in line with recommendations from __ the Diocesan Surveyor. \ \ Yel Approved by the PCC on 13 March 2023 and signed on their behalf by Tom Parsons Vicar.
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## The Parochial Church Council of the Ecclesiastical Parish of
## Christ Church Sidcup
Statement of Financial Activities for the year ended 31 December 2022
|||Unrestricted|Funds||Restricted|Total|Total|
|---|---|---|---|---|---|---|---|
|||Undesignated|Designated||Fund|2022|2021|
||Notes|£|£||£|£|£|
|INCOMING RESOURCES||||||||
|Voluntary income|2(a)|144,221|55,482||11,197|210,900|191,763|
|Activities for generatingfunds|2(b)|25,322|Q||)|25,322|13,989|
|Income from investments|2(c)|228|113||0|341|0|
|Other incoming resources|2(d)|0|14,127|©|0|14,127|11,653|
|Total Incoming Resources||169,771|69,722||11,197|250,690|217,405|
|RESOURCES EXPENDED||||||||
|Church activities|3(a)|110,043|68,746||11,197|189,986|240,229|
|Church management and admin|3(b)|19,831|0||fe)|19,831|18,410|
|Cost ofgeneratingvoluntary income|3(c)|12,062|0||0|12,062|8,490|
|Fund-raising trading costs||0|0||0|0|0|
|Total Resources Expended||141,936|68,746||11,197|221,879|267,129|
|NetMovement in Funds||27,835|976||0|28,811|(49,724)|
|Transfers between reserves||(7,019)|7,019||0|0|0|
|Movement fortheYear||20,816|7,995||0|28,811|(49,724)|
|Balances B/F 01 January|8|51,190|14,560||1,125|66,875|116,599|
|BalancesC/F31December|8|72,006|22,555||1,125|95,686|66,875|
There are no gains or losses on investment assets and there has been no revaluation of fixed assets reported in these accounts.
The notes on pages 9 to 13 form part of this account
7
## The Parochial Church Council of the Ecclesiastical Parish of
## Christ Church Sidcup
Balance Sheet at 31 December 2022
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|||||||||||
|---|---|---|---|---|---|---|---|---|---|
|Notes|2022|2021|
|£|£|
|FIXED|ASSETS|
|Tangible|Assets|5|0|0|
|CURRENT|ASSETS|
|Debtors|6(b)|15,212|9,767|
|Short term|deposits|6(c)|77,630|45,302|
|Cash|at|bank|and|in|hand|6(d)|40,996|51,299|
|133,838|106,368|
|LIABILITIES|
|Creditors|-|falling|due|in|one|year|7|(21,153)|(16,493)|
|NET CURRENT ASSETS|112,686|89,875|
|Creditors|falling|due|after one|year|(17,000)|(23,000)|
|TOTAL ASSETS|LESS CURRENT|LIABILITIES|95,686|66,875|
|PARISH|FUNDS|8|
|Unrestricted|-|Undesignated|General|66,963|46,147|
|Unrestricted|-|Undesignated|Legacy|5,043|5,043|
|72,006|51,190|
|Unrestricted|-|Designated|Repair|Funds|17,030|9,898|
|Unrestricted|-|Designated|Church|Building|(21,390)|(26,457)|
|Unrestricted|-|Parochial|Organisations|26,915|31,119|
|22,555|14,560|
|Restricted|-|Parish|Hall|Land|1,125|1,125|
|TOTAL FUNDS|95,686|66,875|
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Approved by the Parochial Church Council on 13 March 2023 and signed on its behalf by:
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f] 4
|
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## LNEEOWM
Rev. Tom Parsons - Vicar
Dawn Watson - Church Warden
The notes on pages 9 to 13 form part of this account
8
## The Parochial Church Council of the Ecclesiastical Parish of Christ Church Sidcup Notes to the Financial Statements for the year ended 31 December 2022
## 1 ACCOUNTING POLICIES
## Preparation of Accounts
The financial statements have been prepared in accordance with the accounting policies set out in notes to the accounts and comply with the charity's governing document, the Charities Act 2011 and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard for Smaller Entities published on 16 July 2014.
The financial statements have been prepared under the historical cost convention using the accruals accounting basis. The financial statements include all transactions, assets and liabilities for which the PCC is responsible in Law. They do not include the accounts of other church groups that owe their main affiliation to another body nor those that are informal gatherings of church members.
## Funds
Unrestricted funds comprise all reserves other than those restricted funds. General funds and legacies can be used by the PCC for any purpose. Some unrestricted funds have a designated use for the repair of the Church or Church Hall or by the Parochial Organisations. The PCC has additionally designated a building fund for the West Wing Annexe. The restricted fund has arisen following the sale of a small parcel of land adjacent to the Church Hall.
## Incoming Resources
Planned giving, collections and donations are recognised when received. Tax funds are recognised when the incoming resources to which they relate is received. Interest is accrued. All other income is recognised when it is receivable. All incoming resources are accounted for gross.
## Resources Expended
Amounts received specifically for mission are dealt with as restricted funds. All other expenditure is generally recognised when it is incurred and is accounted for gross.
## Going Concern
The PCC assess whether the use of going concern in the preparation of these accounts is still appropriate. The PCC assess whether there are material risks, uncertainties, events or conditions that cast significant doubt on the ability of the PCC to continue to fulfil its charitable objectives and meet its liabilities as they fall due as a going concern. The PCC make this assessment for a period of 1 year from the date of approval of these accounts.
## Fixed Assets
Consecrated and benefice property of any kind is excluded from the accounts by s.96(2)(a) of the Charities Act 1993. Major new equipment purchased for use within the Church and Hall is depreciated on a straight line basis over 4 years. Individual items of equipment with a purchase price of £5,000 or less are written off when the asset is acquired.
9
## The Parochial Church Council of the Ecclesiastical Parish of
## Christ Church Sidcup
Notes to the Financial Statements for the year ended 31 December 2022
|2. INCOMING RESOURCES|Unrestricted|Funds|Restricted|Total|Total|
|---|---|---|---|---|---|
||Undesignated|Designated|Fund|2022|2021|
||£|£|£|£|£|
|2(a) Voluntary income||||||
|Planned giving: Gift aid donations|104,774|||104,774|103,571|
|Tax recoverable|25,045|||25,045|24,814|
|Other|7,899|||7,899|6,222|
|Collections on the plate incGASDS|6,503|||6,503|4,010|
|Donations and appeals||5,068||5,068|0|
|Legacies||||0|0|
|Mission gift days and other giving|||10,997|10,997|9,705|
|Parochial organisations general||50,415|200|50,615|43,441|
|Voluntary Income 2022|144,221|55,482|11,197|210,900|191,763|
|Voluntaryincome2021|129,242|51,916|10,605|191,763||
|2(b) Activities forgeneratingfunds||||||
|Bookstall||||0|0|
|Contact magazine||||0|0|
|Church fees|2,739|||2,739|3,539|
|Ministry fees|1,778|||1,778|1,472|
|Church hall and fellowship room lettings|20,123|||20,123|8,702|
|Sundry income|682|||682|276|
|Activities generatingfunds 2022|25,322|0|0|25,322|13,989|
|Activitiesgeneratingfunds2021|13,989|(4)|0|13,989||
|2(c) Income from investments||||||
|Interest receivable 2022|228|113||341|0|
|Interestreceivable2021|0|(e]|0|0||
|2(d) Otherincome 2022||14,127||14,127|11,653|
|Otherincome 2021|2,153|9,500|0|11,653||
|Total Incoming Resources 2022|169,771|69,722|11,197|250,690|217,405|
|TotalIncoming Resources2021|145,384|61,416|10,605|217,405||
|3. RESOURCES EXPENDED|Unrestricted|Funds|Restricted|Total|Total|
||Undesignated|Designated|Fund|2022|2021|
||£|£|£|£|£|
|3(a) Church activities||||||
|Ministry costs|15,708|9500||25,208|19,572|
|Parish share|73,853|||73,853|73,584|
|Church running expenses|17,179|1,653||18,832|15,924|
|Other church maintenance|(3,075)|||(3,075)|76,032|
|Upkeep ofservices|2,124|||2,124|1,737|
|Contact magazine & website|1,540|||1,540|760|
|Support groups & Outreach|2,349|2,974||5,323|993|
|Subscriptions|107|||107|107|
|Sundries|159|||159|79|
|Misionary giving and grants|100||10,997|11,097|10,005|
|Parochial organisations general||54,619|200|54,819|41,437|
|Church activities 2022|110,043|68,746|11,197|189,986|240,230|
|Churchactivities2021|106,318|123,307|10,605|240,230||
10
## The Parochial Church Council of the Ecclesiastical Parish of
Christ Church Sidcup Notes to the Financial Statements for the year ended 31 December 2022
|3. RESOURCES EXPENDED|Unrestricted|Funds|Restricted|Total|Total|
|---|---|---|---|---|---|
||Undesignated|Designated|Fund|2022|2021|
||£|£|£|£|£|
|3(b) Church management||||||
|Administrator|17,673|||17,673|17,078|
|Printing and photocopying|2,158|||2,158|1,332|
|Bank and other sundry charges||||0|0|
|Church management 2022|19,831|0|0|19,831|18,410|
|Church management 2021|18,410|(a)|(a)|18,410||
|3(c) Costofgenerating voluntary income||||||
|Hall running costs|8,126|||8,126|6,151|
|Other hall maintenance|3,936|||3,936|2,339|
|Cost ofgenerating income 2022|12,062|0|0|12,062|8,490|
|Costofgeneratingincome 2021|6,313|2,177|0|8,490||
|3(d) Fund raising costs|0|||0|0|
|Total Resources Expended 2022|141,936|68,746|11,197|221,878|267,129|
|TotalResources Expended2021|131,040|125,484|10,605|267,129||
|4STAFF COSTS|Unrestricted|Funds|Restricted|Total|Total|
||Undesignated|Designated|Fund|2022|2021|
||£|£|£|£|£|
|4(a) Wagesand salaries||||||
|Gross payments|30,811|31,241||62,052|56,045|
|Social security costs|0|0||0|0|
|Employers Stakeholder pension|455|84||539|373|
|Wages& salaries 2022|31,266|31,325|0|62,591|56,418|
|Wages& salaries2021|25,105|31,313|(6)|56,418||
|Church||||||
|Families and Youth worker|5,100|||5,100|0|
|Cooordinator|17,340|||17,340|16,730|
|Verger|5,868|||5,868|5,663|
|Hall Cleaners & Caretaker|1,443|||1,443|1,699|
|Occasional Organists|1,060|||1,060|490|
|Gardener|0|||0|205|
|Parochial Organisations||||||
|Playgroup leaders||31,241||31,241|31,258|
||30,811|31,241|0|62,052|56,045|
## During the year our Coordinator managed the Church, a Cleaner and a Caretaker managed the hall,
an Organist conducted occasional duties. Employer social security costs did not reach the de-minimis level to require payment for the year. Our Coordinator is a PCC member and received £17,340 (2021: £16,730 ).
An Ofsted registered Playgroup, a Mothers and Toddlers group and a Tots group operate from the church hall. These Parochial Organisations employed6 falling to 5 part time Playgroup leaders. No payment to an employee was large enough to attract employer social security costs. Together these employees amount to approximately 2 full time employee.
Expenses of £790 ( 2021: £860) were reimbursed to the Incumbent for telecoms, books, travelling and church resources. Expenses of £678 ( 2021: £580) were reimbursed to the Curate for telecoms, books, travelling and church resources. The Buntings, members ofthe[PCC,][received][£10,800][(2021:][£10,800)][from][the][Church][in][rent][for][ the][Curate's][flat][at] approximately 75% of the open market rate. No payment of fees or expenses were made to PCC Members or persons closely connected with them or to any related parties for their services as PCC charity Trustees.
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## The Parochial Church Council of the Ecclesiastical Parish of Christ Church Sidcup
Notes to the Financial Statements for the year ended 31 December 2022
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|||||||
|---|---|---|---|---|---|
|2022|2021|
|5|FIXED|ASSETS|£|£|
|5(a)|Tangible|assets|
|Freehold|land|and|buildings|
|Cost /|valuation|
|As|at|1|January|357,856|357,856|
|Additions|(disposals)|a)|0|
|As|at|31|December|357,856|357,856|
|Depreciation|
|As|at|1 January|357,856|357,856|
|Charge|(released|on|disposals)|0)|0|
|As|at 31|December|357,856|357,856|
|Net|book|values|:|
|As|at|31|December|0|0|
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The freehold land and buildings comprise the Church Hall, Woodside Crescent, Sidcup. The book value is an amount estimated by the PCC as at 25 December 2000, for insurance purposes and has been fully depreciated.
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||||||||
|---|---|---|---|---|---|---|
|6|CURRENT|ASSETS|2022|2021|
|£|£|
|6(b)|Debtors|
|Tax|recoverable|9,737|8,901|
|Other|debtors|4,405|75|
|Prepayments|1,070|791|
|Parochial|Organisation|Other|debtors|0|0|
|Total|debtors|15,212|9,767|
|2022|2021|
|£|£|
|6(c)|Short term|deposits|
|Diocese|of|Rochester|accounts|
|General|loan|account|22,717|7,591|
|Legacy account|19,028|18,916|
|Sale|of|Parish|Hall|land|1,125|1,125|
|Church|repair|account|20,163|14,071|
|Hall|repair|account|4,546|3,506|
|67,579|45,209|
|Santander|deposit|account|10,051|93|
|.|Total|short term|deposits|77,630|45,302|
**----- End of picture text -----**
12
## The Parochial Church Council of the Ecclesiastical Parish of
## Christ Church Sidcup
## Notes to the Financial Statements for the year ended 31 December 2022
|||||2022||2021|
|---|---|---|---|---|---|---|
|||||£||£|
|6(d) Cash at bankand in hand|||||||
|Santander - currentaccount||||8,220||11,912|
|Santander - gift aid account||||2,067||2,894|
|Commercial Banks - parochial organisations||||30,709||36,493|
|||||40,996||51,299|
|||||2022||2021|
|7 CURRENT LIABILITIES||||£||£|
|Amounts falling due within one year|||||||
|Sundry creditors||||972||647|
|Accruals||||9,386||4,472|
|Boiler loan repayable||||6,000||6,000|
|Parochial Organisation & fees in advance||||4,794||5,374|
|||||21,153||16,493|
|8 FUNDS|||||||
||Balance at|1|Incoming|Resources|Reserves|Balance at31|
||January||resources|expended|Transfers|December|
|||£|£|£|£|£|
|8(a) Undesignated un-restricted reserves|||||||
|General reserves|46,147||169,771|(141,936)|(7,019)|66,963|
|Legacy reserves|5,043|||||5,043|
||51,190||169,771|(141,936)|(7,019)|72,006|
|8(b) Designated un-restricted reserves|||||||
|Diocesan grants||0|4,627|(4,627)|0|0|
|Curate accommodation||0|9,500|(9,500)|0|0|
|Church repair reserves|5,925||92|0|6,000|12,017|
|Church hall repair reserves|3,973||21|0|1,019|5,013|
|Church building fund reserves|(26,457)||5,068|0|0|(21,390)|
|Parochial organisations reserves|31,119||50,415|(54,619)|0|26,915|
|Balance at31 December|14,560||69,722|(68,746)|7,019|22,555|
|8(c) Restricted reserves|||||||
|Mission giving||0|11,197|(11,197)|0|0|
|Sale of Hall Land reserve|1,125||0|0|0|1,125|
|TotalReserves|66,875||250,689|(221,878)|0|95,686|
## 9 FUNDS HELD AS CUSTODIAN TRUSTEE
Christ Church PCC does not hold any funds as a "Custodian Trustee" on behalf ao any other Individual, Company or Organisation.
13
## The Parochial Church Council of the Ecclesiastical Parish of Christ Church Sidcup
## Independent Examiners Report to the Trustees - The PCC of Christ Church Sidcup Charity Number 1127351
| report to the Trustees on my examination of the accounts of the above named charity for the year ended 31 December 2022.
## Respective Responsibilities and Basis of Report
As the charity's Trustees, you are responsible for the preparation of the accounts in accordance with the requitements of the Charities Act 2011. (the Act)
| report in respect of my examination of the Charity's accounts carried out under section 145 of the Act and in carrying out my examination, | have followed all the applicable Directions given by the Charities Commission under section 145(5)(b) of the Act.
## Independent Examiner's Statement
The charity's gross income exceeded £250,000 and | am qualified to undertake this examination by being aqualified member of the Institute of Chartered Accountants in England and Wales (ICAEW)
| have completed the requisite examination.
| confirm that no material matters have come to my attention in connection with my examination which gives me cause to believe that in any material respect:
- the accounting records were not kept in accordance with section 130 of the Act; or
- the accounts did not accord with the accounting records or
- the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair' view which is not a matter considered as part of an independent examination.
| have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Ms Emilie Ann Radley BSc ACA 13 March 2023
14
## The Parochial Church Council of the Ecclesiastical Parish of Christ Church Sidcup
Mission & Charity Giving Analysed
||2022|2021|
|---|---|---|
||£|£|
|Overseas Agencies|||
|Crosslinks|3,915|2,457|
|Bible Society|1,917|2,220|
|Christian Aid|505|345|
|Christian Solidarity Worldwide|125|0|
|Lighthouse for Christ|0|800|
||6,462|5,822|
|Home Agencies|||
|Church Pastoral Aid Society|1,455|1,570|
|Lark in the Park|1,257|1,433|
|CRIBS|1,266|1,480|
||3,978|4,483|
|Other Charities|||
|Macmillan Nurses|200|100|
|Greenwich & Bexley Hospice|412|0|
|Demelza|0|200|
|Ukraine|145|0|
||757|300|
|Total Mission Giving|11,197|10,605|
|Grants bythe PCC|||
|Evangelical Alliance|100|200|
|Sidcup DebtAdvice|0|100|
||100|300|
|GrandTotal|11,297|10,905|
15