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2022-12-31-accounts

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF LANGDON HILLS

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2022

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF LANGDON HILLS

CONTENTS FOR THE YEAR ENDED 31 DECEMBER 2022

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|||||||||| |---|---|---|---|---|---|---|---|---| |Page| |Reference|and|administrative|details of the|charity,|its trustees|and|advisors|t| |Trustees’|report|7||| |Independent examiner’s|report|10| |Statement of financial|activities|11| |Balance|sheet|12| |Statement|of cash|flows|13| |Notes to the|financial|statements|14-25|

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||||||||||| |---|---|---|---|---|---|---|---|---|---| |Page|1| |THE|PAROCHIAL CHURCH COUNCIL|OF THE ECCLESIASTICAL PARISH|OF LANGDON|HILLS| |REFERENCE|AND|ADMINISTRATIVE|DETAILS| |FOR THE YEAR ENDED|31|DECEMBER|2022| |Administrative|details|of the|charity| |Charity Registered|Number|1127451| |Prinicipal Office|St. John's|Church,|Forest Glade,|Langdon|Hills,|Basildon,|Essex| |SS16|6RX| |Advisers| |Bankers|Barclays|Bank|Ltd,|19 Town|Square,|Basildon,|$814 18D| |Solicitors|Diocesan|Registrar Winckworth|Sherwood,|Minerva|House, 5 Montague|Close|London SE1 SBB| |Investment|advisers|Barclays|Bank|Ltd,|2|East|Walk,|Basildon,|S514 1HN| |Insurers|RSA via|Preschool|Learning Alliance, The|Fitzpatrick|Building,|188 York Way, London N7 SAD| |Ecclesiastical|insurance|Group,|Beaufort|House,|Brunswick|Road,|Gloucester|GL1|JZ| |Auditors|Clemence|Hoar Cummings,|1-5 Como Street,|Romford, RM7 7DN| |Custodian|THUSiEe|Diocese of Chelmsford,|Diocesan|Office,|53 New Street,|Chelmsford,|Essex, CM1 1AT|

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Structure, governance and management

The Parish of Langdon Hills is part of the Church of England Diocese of Chelmsford. The governing documents are the PCC Powers Measure 1956, and the Church representation rules 1980 (plus later amendments)

Links to both documents can be found on the Parish resources website

htto:/Awww.oarishresources.org.uk/

Members of the parochial church council (PCC) are trustees of the charity. The PCC decides all strategic policies of the parish, and decisions on significant expenditure. Sub-committees deal with questions of e.g. finance, Childcare and building maintenance in greater detail, and recommend actions to the PCC asking for PCC Approval.

Clergy are ex officio members, as are those elected to be church wardens and their deputies, and Deanery Synod representatives. Other PCC members, including readers and the lay evangelist, are elected by church members at the annual parochial church meeting in April. Informal training is given by word of mouth (before and after election), by necessary explanation during the PCC meetings, and through membership of a sub-committee.

Our PCC meet six times during the year. Meetings begin with a short act of worship. During the year we have been discussing specific matters reported by the PCC sub committees as well as looking at Diocesan recommended reviews/activities.

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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIATICAL PARISH OF LANGDON HILLS

TRUSTEES REPORT

FOR THE YEAR ENDED 31 DECEMBER 2022

Parochial Church Council Membership 2021/2022

Ex officio:

1 Rector/Chair (Chief Executive Officer) 2 Area Dean/Chair

Rev'd Jeremy Noles (appointed 21.9.22) Rev'd Jane Richards {resigned 21.9.22}

Elected members:

Term of Office expires:

Non Members: Kenny Fagbemide (Treasurer) Nikki Hall (PCC Secretary)

*Theresa co-opted as she is not on the electoral roll

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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF LANGDON HILLS

TRUSTEES REPORT

FOR THE YEAR ENDED 31 DECEMBER 2022

The Trustees present their annual report together with the financial statements of The Parochial Church Council of the Ecclesiastical Parish of Langdon Hills (the charity) for the year ended 31 December 2022. The Trustees confirm that the Annual Report and financial statements of the charity comply with the current statutory requirements, the requirements of the charity's governing document and the provisions of the Statement of Recommended Practice (SORP}, applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015).

Objectives and Activities

a. Policies and objectives

The trustees are mindful of their duty in section 17 of the Charities Act 2011 to have due regard to the Charity Commission’s general guidance on public benefit, and of its supplementary public guidance on the advancement of religion for the public benefit, when considering the objectives and activities of the PCC of Langdon Hills. The trustees believe that the PCC of Langdon Hills makes a significant contribution to the public as evidenced in the activities undertaken that are stated in this report.

b. Activities for achieving objectives

The parish provides Christian services of worship at its two churches for the benefit of both members and visitors. it encourages spiritual growth by guidance and discussion in small groups. !t aims to serve and care for the community as well as presenting the Gospel outside the church buildings, for example through its work in schools, residential homes, hospital, and working with other local churches. It also provides high quality childcare in the preschool, out of school and holiday clubs. (See our mission statement and Parish prayer).

It has been an encouraging year in the life of our parish as we have continued to recover from the effects of the Covid 19 pandemic and appointed a new Rector in September 2022. God has continued to biess us with opportunities to serve and to grow.

The Churches

At St Mary’s, the congregations are blessed by the worship and fellowship. Services are traditional, with a weekly Sunday service of Holy Communion at 9am and occasional services for commemoration. Early stage discussions have begun around potential increased use of St Mary’s to engage creatively with the local community in different ways.

Many are also blessed through the special ministry of occasional offices (baptisms, weddings, funerals) and other special services such as our annual memorial service. During the Christmas season, St Mary’s was especially busy hosting an Advent Carol Service and then a traditional Nine Lessons and Carols service. Many in the community also attended the two Christingle services, and the Midnight Communion service held on Christmas Eve.

At St john’s there is a weekly Sunday service at 11.00am. The normal pattern of 11am services is Holy Communion on 2nd, 3rd and 4th Sundays, with a monthly All age service on the 1st Sunday of every month. Baptisms also take place in this service. For the first time in 2022 a Christingle service was held at St John’s Church on Christmas Eve with encouraging attendance.

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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF LANGDON HILLS

FOR THE YEAR ENDED 31 DECEMBER 2022

TRUSTEES REPORT

The Churches continued

There has been much time, prayer and energy invested into St John’s over the years and we continue to see the benefit of this. The development of our worship, buildings and childcare services has resulted in lots of activity and many opportunities midweek taking place there. Congregations on Sundays continue to be busy and have welcomed new families and their children into the church.

Other Activities

St John's is also the base for most of our social and spiritual events including:

Thursday Rendezvous - a social group for over 50‘s with occasional short talks.

Alpha course — twice yearly in January and September, providing an opportunity to explore faith and life questions. Small Groups — meeting weekly in members’ houses, at St John’s or on Zoom, enabling people to grow in faith and mature. Students of the Alpha course are encouraged to join a small group after the course ends. Men United - open to men providing events including a monthly men’s breakfast, sometimes including a speaker, and regular social events. Parish Walk - a walking activity to explore our local nature reserve which meets one Saturday a month, stopping for coffee at the nature reserve café.

Q—3s club- held on a Monday and Tuesday morning at St John’s Church for parents and carers. Community Coffee morning —a new activity on Saturdays at St John's Church providing a warm space, hot food and drinks especially during the colder months, though with potential for this to continue for a longer period. Afternoon tea and chat - every Wednesday afternoon during term time at St John's Church.

As above, potential for increased use of St Mary’s Church is being explored.

Outside the churches our Pastoral Team also undertake home, residential care home and hospital visiting.

Fundraising

During 2022, a fundraising group was established to help raise funds for much needed items in the church and childcare. Several fairs were held throughout the year which were well attended and enjoyed by the local community as well as a fun quiz night. Fundraising is an important part of the parish and brings the community into the church buildings.

c. Volunteers

The Parish relies heavily on a large number of volunteers, particularly for church activities. Most of the PCC membership is voluntary. Volunteers also provide Sunday school staff, leaders of small groups, church wardens and deputies, sides persons, social activities, music during worship {organ, choir and music group) and refreshments. Assessing the number is difficult because many have more than one role, but about 70-80 people are involved.

Achievements and performance

a. Review of activities

Childcare

We have continued to develop our work with families and children at St John’s. St John’s Childcare has been continuing to build links with the many families this puts us in touch with. Our Holiday Club operates during most school holidays for pre-school age children. A social programme operates alongside the termly invitations to seasonal services (Easter, Harvest, Mother’s Day, Father’s Day etc}.

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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF LANGDON HILLS

TRUSTEES REPORT FOR THE YEAR ENDED 31 DECEMBER 2022

Childcare Continued

We now have over 200 children benefitting from the services we provide, which cover the period from 7.30am to 6pm. Childcare is provided by around 43 staff.

Electoral Roll

In April 2022 there were 136 on the electoral roll. Since last year’s revision, 3 people have been added, 2 members have sadly died, and 3 members asked to be removed. The population is made up of 84 Residents and 52 Non Residents.

Ecumenical Relationships The parish is a member of Churches together in Basildon and participates in periodic joint services of worship. We also have a close working relationship with the local Methodist, Baptist, Elim Pentecostal and Catholic churches.

Financial review

a. Going concern

After making appropriate enquiries, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. For this reason, they continue to adopt the going concern basis in preparing the financial statements. Further details regarding the adoption of the going concern basis can be found in the Accounting Policies.

b. Annual Review

Total income in 2022 was £753,069 and expenditure £752,632, resulting in a smail surplus of £437 (a deficit of £19,337 after taking into consideration the 2022 decrease in investments of £19,771 due to market volatility). We came in at £1,174 below our budgeted surplus (£1,611). By September is was looking like we would end the year with a £25k deficit due to childcare and giving income still affected by the pandemic having budgeted for higher income. A successful Thanks-giving campaign in October and some cost savings helped to finish the year with a small surplus. Childcare numbers are back to pre-pandemic levels.

We hire out St Mary’s Church Hall and St John's church to outside organisations. Our uniformed organisations pay a nominal rate, and others pay a standard rate. Our major customer is the Oak Wood Preschool who uses our hall every week day during school times. We started new hire agreements for evening exercise groups which have been going well. The income from hire covers all normal running and maintenance costs and allows us to cover most repairs to our 100 year old hall. St Mary’s Hal! was able to make a surplus of £19,399 in 2022 due to no major repairs carried out. The Hall does need significant investment to bring the standards up to a good level.

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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF LANGDON HILLS

TRUSTEES REPORT FOR THE YEAR ENDED 31 DECEMBER 2022

Income from giving to the church was not sufficient to cover the costs of running the two churches, and we have had to rely on our childcare income to supplement. We have reclaimed some £10,840 from HM Revenue and Customs for gift aided donations in an improvement on 2021. Giving from St Mary’s was 20% lower and St John’s was 39% tower than 2019 (2020 & 2021 not comparable due to pandemic). Parish giving {incl. Gift Aid) was £18,894 short of covering the Parish Share paid to the Diocese (23% shortfall) which is an improvement on 2021 and due to the success of the October appeal.

Our policy is to give to charity at least 10% of income from donors plus 10% of the profit on our trading activities. At the beginning of 2022 we suspended all tithe giving which reduced our donations to £2,150 for 2022. Due to there being no surplus in 2022, our giving policy will remain suspended however the plan is to reintroduce tithe giving once our financial position recovers,

c. Reserves policy

Our unrestricted cash reserves at the end of the year were £245,216 which includes £55,415 in restricted funds (£173,967 allowing for ECC liability adjustments) The minimum level we consider viable is £150,000 however our current level is below what we feel would cover our obligations in the event of an emergency (i.e. 3 months redundancy pay).

d. Material investments policy

Reserves are held in Church Board of Finance (CBF) funds, Barclays bank community current account and deposit account. These are considered low risk investments in line with the trustees’ attitude to investment risk. Interest is paid on each balance except the current account. The latter is regularly monitored to restrict balances to a monthly need.

The Robinson Churchyard endowment is held as shares in the CBF Investment fund. The PCC of Langdon Hills also benefits from the Langdon Hills Ecclesiastical Charity (also known as the Churchfield Charity} and the Cleaver Trust. The endowed assets of these funds are controlled by the Chelmsford Diocesan Board of Finance.

Structure, governance and management

a. Constitution

The Parish of Langdon Hills is part of the Church of England Diocese of Chelmsford. The governing documents are the PCC Powers Measure 1956, and the Church representation rules 1980 (plus later amendments). Links to both documents can be found on the Parish resources website: http://www.parishresources.org.uk/

b. Method of appointment or election of Trustees

Members of the parochial church council (PCC) are trustees of the charity. Clergy are ex-officio members. Church wardens and Deanery Synod representatives are elected to the PCC at the annual parochial church meeting in April, as are three PCC members per year. Our PTO Reader and Lay Evangelist are also PCC members but by virtue of being elected as a council member and Deanery Synod representative respectively. Trustee training is provided by the Diocese and all PCC members are encouraged to access this, with further explanation being given at meetings as necessary.

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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF LANGDON HILLS

TRUSTEES REPORT

FOR THE YEAR ENDED 31 DECEMBER 2022

c. Organisational structure and decision making

The PCC decides all strategic policies of the parish, and decisions on significant expenditure. Sub committees deal with questions of e.g. Finance, Childcare and building maintenance in greater detail, and recommend actions to the PCC asking for PCC Approval!.

Our PCC meet six times during the year. Meetings begin with a short act of devotion. During the year we have been discussing specific matters reported by the PCC sub committees as well as looking at Diocesan recommended reviews / activities, and exploring future direction for the parish.

d. Risk management

The PCC confirm that the major risks to which the charity is exposed, as identified by the trustees, have been reviewed and systems or procedures have been established to manage those risks. Work is ongoing in these reviews.

The major risks to the church are:

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||||||| |---|---|---|---|---|---| |Governance|risks| |e|Inappropriate|organisational|structure| |¢|Trustee|body|lacks|relevant|skills or commitment| |¢|Conflicts|of|interest|Operational|risks| |¢|Lack of|beneficiary welfare|or safety| |©|Poor|contract|pricing| |¢|Poor|staff recruitment|and|training| |¢|Doubt|about|security of assets| |Financial risks| |e|Inaccurate|and/or|insufficient financial|information| |¢|Inadequate|reserves and cash flow| |°|Nependency on|limited|income|sources| |«|Inadequate|investment|management|policies| |e|Insufficient|insurance|cover| |External|risks|

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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF LANGDON HILLS

TRUSTEES REPORT FOR THE YEAR ENDED 31 DECEMBER 2022

Fireat St John's

Regular practice evacuations are carried out by Childcare staff and children. Fire alarms are regularly maintained and tested. Flammable waste is stored in containers which are now housed in a locked enclosure.

The loss of the building would prevent the continuance of St John's Childcare, leading to the need to lay off staff. We now have loss of revenue insurance for such an event, to the Jevel of our annual Childcare income, to provide for redundancies.

Metal theft at St Mary's church and St Mary's Hall

Both buildings have suffered from attack by thieves in the past. All metal, internal and external, is now marked with Smart water. Lead which has been stolen is normally replaced with Ubiflex, a non valuable substitute.

Plans for future periods

a. Future giving

All tithe giving was suspended at the beginning of 2022 with a view to reinstating it once our financial position has improved.

b. Church growth

Numbers at St Mary's services have been static for a while with predominantly the same people attending.

St John's has seen growth in numbers within its congregation with several new families, individuals and couples now attending.

c. Alpha

We continue to run annual Alpha courses, with follow up series Mind the Gap, as a key strategy for evangelisation. We have planned 2 courses in 2023.

Reference and administration

The trustees are responsible for preparing the trustees’ annual report and the financial statements in accordance with applicable law and United Kingdom accounting standards. (United Kingdom Generally Accepted Accounting Practice).

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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIATICAL PARISH OF LANGDON HILLS

TRUSTEES REPORT

FOR THE YEAR ENDED 31 DECEMBER 2022

The law applicable to charities in England and Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that peried. In preparing these financial statements the trusteed are required to —

The trustees are responsible for keeping sufficient accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011 & 2016, the Charity {Accounts and Reports) Regulations 2011 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The trustees are responsible for the maintenance and integrity of the charity and financial information included on the charity's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

Approved by the trustees on

Rev'd Jeremy Noles, Rector

2F 3 2023

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and signed. on their. behalf by
“"
Kehinde Fagbemide, Treasurer
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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF LANGDON HILLS

REPORT OF THE INDEPENDENT EXAMINER

FOR THE YEAR ENDED 31 DECEMBER 2022

Independent Examiners Report to the Trustees of The Parochial Church Council of the Ecclesiastical Parish of Langdon Hills (the

‘charity’)

| report to the charity Trustees on my examination of the accounts of the charity for the year ended 31 December 2022.

Responsibilities and Basis of Report

As the Trustees of the charity you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the 2011 Act’).

| report in respect of my examination of the charity’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination | have followed all the applicable directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

Independent Examiners Statement

Since the charity’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. | confirm that 1 am qualified to undertake the examination because | am a member of ICAEW, which is one of the listed bodies.

| have completed the examination. | can confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect.

  1. accounting records were not kept in respect of the charity as required by section 130 of the 2011 Act or;

  2. the records do not accord with those records; ot

  3. the accounts do 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 tn this report in order to enable a proper understanding of the accounts to be reached.

» ew ot

Date: 94 (3(2023

David Belbin BSc BFP FCA DChA Clemence Hoar Cummings Chartered Accountants

Riverside House 1-5 Como Street Romford Essex RM7 7DN

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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF LANGDON HILLS

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2022

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||||||||||| |---|---|---|---|---|---|---|---|---|---| |Unrestricted|Restricted|Endowment|Total|Totaf| |funds|funds|funds|funds|funds| |2022|2022|2022|2022|2021| |Note|£|£|£|£|£| |Income|and|endowments from:| |Donations|and|legacies|2|63,129|-|-|63,129|43,054| |Income from|charitable|activities|3|674,453|-|674,453|613,575| |Investments|4|2,302|4,483|-|6,785|4497| |Other income|5|8,702|-|8,702|18,576| |Total income|748,586|4,483|753,069|679,702| |Expenditure|on:| |Raising funds|540| |Expenditure|on|charitable|activities|6-9|750,327|1,765|=|752,632|711,917| |Total|expenditure|750,867|1,765|-|752,632|711,917| |Gains / tosses on investment assets|14|-|-|(19,771)|(19,771)|21,119| |Net income / (expenditure)|resources|(2,281)|2,718|{19,771)|(19,334)|(11,096)| |Net movement in funds|(2,281)|2,718|(19,771)|(19,334}|(11,096)| |Reconciliation|offunds| |Total funds|brought forward|19|1,285,148|52,697|169,946|1,507,791|151,887| |Total funds carried forward|1,282,867|55,415|150,175|1,488,457|140,791|

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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF LANGDON HILLS

BALANCE SHEET FOR THE YEAR ENDED 31 DECEMBER 2022

2022 2021
Note £ £ if £
Fixed assets
Tangible assets 13 1,220,000 1,220,000
Investments 14 150,175 169,946
1,370,175 1,389,946
Current assets
Debtors 15 4,034 2,414
Cash in bankand hand 245,216 232,858
249,250 235,272
Creditors:Amountfallingduewithin oneyear 16 (59,719) (10,178)
Netcurrentassets 189,531 225,094
Total assets lesscurrent liabilities 1,559,706 1,615,040
Provisionsfor liabilities 18 (71,249) (107,249)
Netassets 1,488,457 1,507,791
Charityfunds
Endowmentfunds 19 150,175 169,946
Restrictedfunds 19 55,415 52,697
Unrestricted funds:
i9 1,162,867 1,165,148
Revaluation reserve 19 120,000 120,000
Total unrestricted funds 1,282,867 1,285,148
Totalfunds 1,488,457 1,507,792

The financial statements were approved by the Trustees on sie ABI 2OZB. cron and signed on their behalf by:

Revd Jeremy Noles, Rector

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( ,
= _
— ~ - i
Kehinde Fagberhide, Treasurer
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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF LANGDON HILLS

CASHFLOW STATEMENT FOR THE YEAR ENDED 31 DECEMBER 2022

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||||||||| |---|---|---|---|---|---|---|---| |2022|2021| |Note|£|£| |Cash flows from operating activities| |Cash|generated|from|operations|See below|5,574|(168,229)| |Net Cash|provided|by {used|in) operating activities|5,574|(168,229)| |Cash fiows from|investing activities| |Purchase|of intangible fixed|assets| |Purchase|of tangible|fixed|assets| |interest|received|6,784|4,497| |Net Cash|provided|by (used|in)|investing|activities|12,358|{163,732}| |Change|in cash and|cash equivalents|in|the|reporting|period| |Cash and cash|equivalents at the|beginnning of the|reporting|period|232,858|396,590| |Cash|and cash equivalents|at the end|of the|reporting|period|245,216|232,858| |Reconciliation of new movement|in|funds to|net cash flow operating|activities|2022|2021| |£|£| |Net expenditure for the year {as per Statement|of financial|activities|(19,334.17)|(11,121.92)| |Adjustments|for:| |Dividend,|interest and|rents from|investments|12,987.28|(25,615.08)| |(Increase)/Decrease|in|debtors|(1,620.30)|14,102.45| |{Decrease)/increase|in|creditors|49,541.00|(99,620.00)| |{Decrease)/increase|in|Provisions|(36,000.00)|(46,000.00)| |Net cash|used|in operating|activities|5,574|(168,255)|

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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF LANGDON HILLS

NOTES TO THE FINANCIAL STATEMENTS FOR THRE YEAR ENDED 31 DECEMBER 2022

1. Accounting policies

1.1 Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant notes to the accounts. The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 1 January 2019 and Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and Charities Act 2011.

The Parochial Church Council of the Ecclesiastical Parish of Langdon Hills constitutes a public benefit entity as defined by FRS 102.

1.2 Income

All income is recognised once the charity has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably

For legacies, entitlement is taken as the earlier of the date on which either: the charity is aware that probate has been granted, the estate has been finalised and notification has been made by the executor(s) to the Trust that a distribution will be made, or when a distribution is received from the estate. Receipt of a legacy, in whole or in part, is only considered probable when the amount can be measured reliably and the charity has been notified of the executor{s) intention to make a contribution. Where legacies have been notified to the charity, or the charity is aware of the granting of probate, and the criteria for income recognition have not been met, then the legacy is treated as a contingent asset and disclosed if material.

Donated services or facilities are recognised when the charity has control over the item, any conditions associated with the donated item have been met, the receipt of economic benefit from the use of the charity of the item is probable and that economic benefit can be measured reliably. In accordance with the Charities SORP (FRS 102), the general volunteer time of the Friends is not recognised and refer to the Trustees’ Report for more information about their contribution.

On receipt, donated professional services and donated facilities are recognised on the basis of the value of the gift to the charity which is the amount the charity would have been willing to pay to obtain services or facilities of equivalent economic benefit on the open market; a corresponding amount is then recognised in expenditure in the period of receipt.

Income tax recoverable in relation to donation received under Gift Aid or deeds of covenant is recognised at the time of the donation.

Income tax is recoverable in relation to investment income in recognised at the time the investment income is receivable

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THE PAROCHIAL CHURCH COUNCH. OF THE ECCLESIASTICAL PARISH OF LANGDON HILLS

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022

1. Accounting policies (Continued)

1.3 Expenditure

Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset's use.

Support costs are those costs incurred directly in support of expenditure on the objects of the charity and include project management carried out at Headquarters. Governance costs are those incurred in connection with administration of the charity and compliance with constitutional and statutory requirements.

Costs of generating funds are costs incurred in attracting voluntary income, and those incurred in trading activities that raise funds.

Charitable activities and Governance costs are cost incurred on the charity's educational operations, including support costs and costs relating to the governance of the charity apportioned to charitable activities.

Grants payable are charges in the year when the offer is made except in those cases where the offer is conditional, such grants being recognised as expenditure where the conditions attaching are fulfilled. Grants offered subject to conditions which have not been met at the year end are noted as a commitment, but not accrued as expenditure.

1.4 Tangible fixed assets and depreciation

A review for impairment of a fixed asset is carried out if events or changes in circumstances indicate that the carrying value of any fixed asset may not be recoverable. Shortfalls between the carrying value of fixed assets and their recoverable amounts are recognised as impairments. Impairment losses are recognised in the Statement of Financial Activities.

Tangible fixed assets are carried at cost or valuation, net of depreciation and any provision for impairment. Depreciation is not charged on freehold land. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Freehold property - No depreciatior.

1.5 Revaluation of tangible fixed assets

The charity has adopted the revaluation model to revalue items of property, plant and equipment whose fair value can be measured reliably. The revaluations shall be made with sufficient regularity to ensure that the carrying amount does not differ materially from that which would be determined using fair value at the end of the reporting period.

The fair value of land and buildings is usually determined from market-based evidence by appraisal that is normally undertaken by professionally qualified valuers. The fair value of items of plant and machinery is usually their market value determined by appraisal.

Revaluation gains and losses are recognised in other comprehensive income and accumulated in equity.

Page 16

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF LANGDON HILLS

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022

1. Accounting policies (Continued)

Fixed asset investments are a form of financial instrument and are initially recognised at their transaction cost and subsequently measured at fair value at the Balance Sheet date, unless fair value cannot be measured reliably in which case it is measure at cost less impairment. Investments gains and losses, whether realised or unrealised, are combined and shown in the heading ‘Gains/{losses) on investments’ in the Statement of Financial Activities.

1.7 Interest Receivable

Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the Bank.

1.8 Debtors

Trade and other debtors are recognised at the settlement amount after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

Cash at bank and in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.

1.10 Liabilities and provisions

Liabilities are recognised when there is an obligation at the Balance Sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably. Liabilities are recognised at the amount that the charity anticipates it will pay to settle the debt or the amount it has received as advanced payments for the good or services it must provide. Provisions are measured at the best estimated of the amounts required to settle the obligation. Where the effect of the time value of money is material, the provision is based on the present value of those amounts, discounted at the pre-tax discount rate that reflects the risks specific to the liability. The unwinding of the discount is recognised within interest payable and similar charges.

1.11 Financial Instruments

The charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.

1.12 Pensions

The charity operates a defined contribution pension scheme and the pension charge represents the amounts payable by the charity to the fund in respect of the year.

1.13 Fund Accounting

General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the charity and which have not been designated for other purposes.

Designated funds compromise unrestricted funds that have been set aside by the Trustees for particular purposes. The aim and use of each designated fund is set out in the notes to the financial statements.

Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the charity for particular purposes. The costs of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements.

Investment income, gains and losses are allocated to the appropriate fund.

Page 17

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF LANGDON HILLS

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022

2. Incomefrom donationsand legacies
Unrestricted Restricted Endowment Total
funds funds funds funds
2022 2022 2022 2022
£ £ £ £
Donations 63,129 - - 63,129
Total2021 43,054 - - 43,054
3. Incomefrom charitable activities
Unrestricted Restricted Endowment Total
funds funds funds funds
2022 2022 2022 2022
£ £ £ £
Childcare 638,433 . - 638,433
Hall hire 35,322 - 35,322
Weddingfees etc 698 - - 698
674,453 - 674,453
Total2021 613,575 - 613,575
4. Investmentincome
Unrestricted Restricted Endowment Total
funds funds funds funds
2022 2022 2022 2022
£ £ £ £
Listed investment 4,483 - 4,483
investment income - cash 2,302 - - 2,302
2,302 4,483 = 6,785
Total2021 130 4,367 - 4,497
5. Other income
Unrestricted Restricted Endowment Total
funds funds funds funds
2022 2022 2022 2022
Furlough income - - -
Raisingfunds - - - -
Otherincome 8,702 . - 8,702
8,702 . - 8,702
Total2021 18,576 . - 18,576

Page 18

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF LANGDON HILLS

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022

6. Analysisofexpenditure on charitable activities Analysisofexpenditure on charitable activities
Unrestricted Restricted Endowment Totat Total
funds funds funds funds funds
2022 2022 2022 2022 2024
£ £ £ £ £
Childcare 540,466 1,765 - 542,231 550,596
Hall hire 7,469 - - 7,469 6,508
Mission 2,150 - - 2,150 8,000
Fund Raising 540 ~ : 540
Church 200,242 - - 200,242 146,813
750,867 1,765 752,632 711,917
Total2021 711,917 - 711,917
7. Directcosts Total Total
Childcare HallHire Church 2022 2021
£ £ £ £ £
Running expenses 15,240 5,471 20,410 41,121 18,348
Maintenance - 1,998 17,794 19,792 21,862
Equipment 5,464 - 1,240 6,704 5,094
Other costs 26,732 - - 26,732 28,429
Parish shares - - 82,023 82,023 62,851
Clergyexpenses - : 325 1,325 703
Other clergyexpenses é . 100 100 100
Service expenses - . 951 951 474
Alpha expenses - - - - -
Youth and children group expenses - - 1,552 1,552 27
Publicity costs - - 134 134 798
Childcare repayment provision : = - -
Wagesand salaries 462,050 - 56,228 518,278 514,261
National insurance 21,225 - 781 22,006 19,990
Pension costs 11,520 - - 11,520 12,337
542,231
asss		 7,469
ss sc		 182,538
ss ss =Se		 732,238
686,234
Se
Total2021 538,267 5,508 142,459 686,234
8. Supportcosts Total Total
Childcare Hall Hire Church 2022 2021
£ £ £ £ £
Telephone 2,942 - 561 3,503 2,406
Postage, printing& stationary 2,312 - 2,588 5,400 5,755
Bank charges 1,682 - - 1,682 1,133
Staffexpenses - - : - 1,736
Computerexpenses 3,681 - 348 4,029 3,653
Governance costs examination/auditfee 1,030 1,030 1,030 3,090 3,000
12,147 1,030 4,527 17,704 17,683
Total2021 12,331 1,000 4,352 17,683

Page 19

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF LANGDON HILLS

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022

9. Analysis of grant expenditure

Analysis ofofgrant expenditure Total Total
2022 2021
£ £
Grants to institutions - Mission 2,150 8,000
2022 2021
Grant-Home missionsand otherchurch causes £ £
St Lukes hospice (Basildon) 300 1,200
Basildon community resources centre 375 1,500
Schoolsteam ministry 450 1,800
UCB Europe 200 -
Varioussmall charities 375 200
Grant -Overseasmissionary
Dioceseofsouth westtanzania - 1,500
Friendsofthe poor 450 1,800
Childrens joy - :
Total 2,150 8,000

Trustee expenditure

During the year 1 Trustee received reimbursements of expenses amounting to £659 (2021: Trustees - £500).

11. Independent examiner's remuneration

The independent examiner's remuneration amounts to an Independent Examination fee of £3,000 (2021: £3,000).

12. Staff costs

Staff costs were as follows:

Staff costs were as follows:follows:
£ £
Wagesand salaries 518,278 514,182
Social securitycosts 22,006 19,990
Otherpension costs 11,520 12,001
551,804 546,173

The average number of persons employed by the charity during the year was as follows:

No. No.
General Church 5 8
Childcare 40 45
Ministerial - -
45 53
——S-="—e

No employee received remuneration amounting to more than £60,000 in either year.

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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF LANGDON HILLS

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022

13. Tangible fixed assets

Tangible fixed assets
Freehold
Property
£
Costorvaluation
At 1January2021 and 31 December 2022 1,220,000
Depreciation
At 1January 2021 and 31 December 2022 =
Net bookValue
At31December2022 1,220,000
At31 December2021 1,220,000
——<—<—<$——

The freehold tand and buildings include the Mission Hall, known as St Mary’s Church Hall. In November 2006 the PCC decided, on advice from the external auditor, to revalue the hall, and no longer apply depreciation. The value of the hall was reassessed by Hilbery Chaplin on 21 January 2007 at £200,000. This has been reduced by 50% to reflect that the terms of the initial gift significantly restrict its use and disposal. The Trustees deem that the value is still appropriate, given the restrictions on use and disposal of this property.

The extension and St John’s Church was revalued in December 2016 for insurance purposes to £1,120,000.

Cost or valuation at 31 December 2022 is as follows:

Landand buildings
£
AtCost 1,100,000
At Valuation
December2016 120,000
1,220,000

if the land and buildings had not been included at valuation they would have been included under the historical cost convention as follows:

2022 2021
£ £
Cost 1,100,000 1,100,000
Accumulated depreciation - -
1,100,000 1,100,000

Page 21

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF LANGDON HILLS

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2022

----- Start of picture text -----
|||||||||| |---|---|---|---|---|---|---|---|---| |14.|Fixed|asset|investments| |Listed| |Securities| |£| |Market|Value| |At 1 January 2022|163,946| |Revaluations|-19,771| |At 31|December 2022|150,175| |Investments|at|market value|comprise:| |2022|2071| |£|£| |Listed|Investments|150,175|169,946| |All|the|fixed|asset|investments|are|held|in the|UK| |15.|Debtors| |2622|2021| |£|£| |Other|Debtors|4,034|2414| |16.|Creditors:|Amounts|failing due within|one year| |2022|2021| |£|£| |Trade|creditors|59,158|1,049| |Other|creditors|561|9,129| |59,719|10,178| |17.|Financial|Instruments| |2022|2021| |£|£| |Financial|assets|measured|at amortised|cosi|4,034|2,414| |————————— Oe| |Financial|liabilities|measured|at amortised|cost|59,719|10,178| |———oo*|2:”"_—=|

----- End of picture text -----

Financial assets measured at amortised cost comprise amounts due from HMRC in respect of Gift Aid claims. No Interest is charged or receivable on these current financial assets

Financial Liabilities measured at amortised cost comprise trade creditors and other creditors. All financial liabilities are current and no interest is charged or payable on these balances.

18. Provisions

----- Start of picture text -----
||||| |---|---|---|---| |Provisions| |£| |Brought forward|107,249| |Additional|provision| |Payments|zm|36,000| |At 1 January 2022 and 31|December 2022|71,249| |Provisions| |Amount|repayable to|Essex|county council|

----- End of picture text -----

Page 22

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF LANGDON HILLS

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022

19. Statement of funds

Statements of funds - current year

----- Start of picture text -----
||||||||||| |---|---|---|---|---|---|---|---|---|---| |Balance|at|1|Transfer|Gain/|Balance|at 31| |January|December| |2022|income|Expenditure|In/Out|(Losses)|2022| |£|£|£|£|£|£| |Designated funds| |Rendezvous Over 50s|1,215|802|(1,485)|8)|-|233| |Dunhill|Fund|-|-|-|-|-|-| |St Marys Church|Fund|-|20,255|(10,806)|(9,449)|-|0| |St Marys Church|Fund|- STMH|-|33,236|(13,837)|(19,399}|-|-|0| |St Johns Church|Fund|-|18,732|(31,530)|12,798|-|-|0| |St Johns Church|Fund|- Childcare|-|641,766|(563,644)|(78,122)|-|0| |Home|Development|Fund|-|-|-|-|-|:| |Kingdom|Investment|Fund|-|-|-|-|-|-| |1,215|714,791|(621,302)|(94,172)|:|533| |Generai|funds| |General funds|1,163,931|33,795|(129,564)|94,172|-|4,162,334| |Revaluation|reserves|120,000|-|-|-|-|120,000| |Other general|funds|-|-|-|-|-|-| |1,283,931|33,795|(129,564)|94,172|-|1,282,334| |Total|unrestricted funds|1,285,148|748,586|(750,865)|-|0|~|1,282,866| |Endowment funds| |Robinson Churchyard|4,409|=|-|-|(513)|3,896| |Langdon|Hillis|Ecclesiastical|Trust|158,824|-|~|-|(18,468)|140,356| |Cleaver Trust|6,713|-|-|-|(790)|5,923| |169,946|-|m|-|{ 19,771|)|150,175| |Restricted|funds| |Churchyard|1,241|1,175|-|-|-|2,416| |St|Mary's|Building|671|-|-|-|-|671| |St Mary's|Fabric|50,785|3,308|(1,765)|-|-|52,328| |52,697|4,483|(1,765)|=|=|55,416| |Total of funds|1,507,791|753,069|(752,630)|-|(19,771)|1,488,457|

----- End of picture text -----

Page 23

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF LANGDON HILLS

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2021

19. Statement of funds (continued)

----- Start of picture text -----
||||||||||| |---|---|---|---|---|---|---|---|---|---| |Statements|of funds|-|Prior Year| |Balance|at|1|Transfer|Gain/|Balance|at|31| |January|December| |2021|Income|Expenditure|In/Out|(Losses)|2021| |£|£|£|£|£|£| |Designated funds| |Rendezvous Over 50s|-|679|(961)|1,496|=|1,215| |Dunhill|Fund|3,524|-|.|(3,524)|~|0| |St Marys|Church|Fund|-|19,265|(8,622)|(10,643)|-|0| |St Marys Church Fund|- STMH|22,430|(10,276)|(12,153)|.|ft)| |St Johns Church|Fund|-|15,022|(32,128)|17,106|-|0| |St Johns Church|Fund|- Childcare|-|608,286|(545,350)|(62,935)|.|0| |Home|Development|Fund|101,085|-|(101,085)|-|0| |Kingdom|Investment|Fund|-|-|0| |104,609|665,682|(597,337)|(171,738)|-|1215| |General|funds| |General|funds|1,097,121|9,653|(114,580)|171,738|1,163,932| |Revaluation|reserves|120,000|-|-|~|120,000| |Other general|funds|-|-|-|:|0| |4,217,121|9,653|(114,580)|171,738|=|1,283,932| |Total|unrestricted|funds|1,321,730|675,335|(711,917)|-|0|1,285,148| |Endowment|funds| |Robinson|Churchyard|3,861|-|-|-|548|4,409| |Langdon|Hills|Ecclesiastical|Trust|139,093|-|-|-|19,731|158,824| |Cleaver Trust|5,873|-|-|~|840|6,713| |148,827|m|-|-|21,119|169,946| |Restricted|funds| |Churchyard|1,128|113|-|-|-|1,241| |St|Mary's|Building|671|=|-|-|671| |St|Mary's|Fabric|46,531|4,254|-|-|-|50,785| |48,330|4,367|-|-|-|52,697| |Total|of funds|1,518,887|679,702|(711,917)|0|21,119|1,507,791|

----- End of picture text -----

Page 24

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF LANGDON HILLS

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022

19. Statement of funds (continued)

The designated funds comprise:

The Home Development Fund to hold 50% of the prior year surplus for future development within the parish. The remaining 50% of the prior year surplus will be split between the following funds:

The PCC Fund which hoids £5,000 from the surplus each year for emergency giving to be decided by the PCC (i.e. disaster relief). The Rectors Fund which holds £1,000 from the surplus each year for when emergency situations arise at the discretion of the clergy.

The Kingdom Investment Fund to hold 50% of the balance for investing in projects that serve the Kingdom of God. Other Charity Giving Fund to hold 50% of the balance for charitable giving using the guidelines agreed on 11 May 2015.

The endowment funds comprise:

The Cleaver Trust are from the will of Revd E.D Cleaver in 1895, providing a principal sum of £300, the income from which is to be used for the repair and upkeep of St Mary’s and All Saints Church. The capital is held in 287.66 income shares. Chelmsford DBF acts as Custodian Trustees.

The Ecclesiastical Charity arose from the sale of 3.7 acres of land in December 1964, the proceeds of which were vested in the Official Custodian for Charity and then divested to the Chelmsford DBF as Custodian Trustees in October 1982. The capital is held in 7,722.55 income shares. The Churchyard Funds, which is comprised largely of income from the Robinson Churchyard Charity. It comprises 214.37 income shares in the CBF Investment fund.

The restricted funds comprise:

The St Mary’s Fabric Fund which is for the maintenance of the fabric of St Mary’s church. The fund is largely comprised of trust income derived from the Langdon Hills Ecclesiastical Charity (also known as the Churchfield Charity) and the Cleaver Trust.

The St Mary's Building Fund which is for the maintenance of both the fabric and contents of the parish church. The fund is comprised of gifts from members and friends of the church.

Summary of funds - current year

Balanceat 1 Transfer Gain/ Balanceat31
January December
2022 Income Expenditure In/Out (Losses) 2022
£ £ £ £ £ £
Designated funds 1,215 744,791 (621,302) (94,172} > 533
Generalfunds 1,283,932 33,795 (129,564) 94,172 - 1,282,334
1,285,147 748,586 (750,865) - - 1,282,866
Endowmentfunds 169,946 . - - (19,771) 150,175
Restrictedfunds 52,697 4483 - 4,765 - - 55,416
1,507,791 753,069 (752,630) os (19,771) 1,488,457
Summaryoffunds -prior
Balance at 1 Transfer Gain/ Balanceat31
January December
2021 Income Expenditure In/Out (Losses) 2021
£ £ £ £ £ £
Designatedfunds 104,609 665,682 {597,337} (171,737) = 1235
Generalfunds 1,217,121 9,653 {114,580} 171,738 - 1,283,932
1,321,730 675,335 (711,917) - - 4,285,147
Endowmentfunds 148,827 - 21,119 169,946
Restrictedfunds 48,330 4,367 0 52,697
1,518,887 679,702 (711,917) - 21,119 1,507,791

Page 25

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF LANGDON HILLS

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022

20. Analysis of net assets between funds

Analysis of net assets between funds - Current Year

----- Start of picture text -----
|||||||| |---|---|---|---|---|---|---| |Unrestricted|Restricted|Endowment|Total| |funds|funds|funds|funds| |2022|2022|2622|2022| |£|£|£|£| |Tangible|fixed|assets|1,220,000|-|1,220,000| |Fixed|asset|investments|-|-|150,175|150,175| |Current|assets|193,834|55,416|-|249,250| |Creditors due within|one year|(59,719)|.|(59,719)| |Provisions for liabilities and charges|(71,249)|(71,249| |1,282,866|55,416|150,175|1,488,457| |Analysis|of net|assets|between|funds|-|Prior Year| |Unrestricted|Restricted|Endowment|Total| |funds|funds|funds|funds| |2021|2021|2021|2021| |£|£|£|£| |Tangible fixed|assets|1,220,000|:|-|1,220,000| |Fixed|asset|investments|-|-|169,946|169,946| |Current assets|182,576|52,697|-|235,272| |Creditors due within one year|(10,178)|-|(10,178)| |Provisions for|tiabilities|and charges|{107,245}|-|(107,249)| |1,285,148|52,697|169,946|1,507,791|

----- End of picture text -----

21. Pension commitments

The charity operates a defined contribution pension scheme. The assets of the scheme are held seperately from those of the charity in an independently administered fund. The pension cost charge represents contributions payable by the charity to the fund and amounted to £15,360 (2021: £12,001).

22. Related party transactions

During the year a salary of £30,102 (2021: £28,937) was paid to T Cobbing in her role as Childcare Manager.

During the year pension contibutions of £684 (2021: £500) on behalf of T Cobbing.

The remuneration of trustees in positions of employment within the charity is not prohibited in the charity's governing document.