## PAROCHIAL CHURCH COUNCIL OF CHRIST CHURCH BEXLEYHEATH REPORT & FINANCIAL STATEMENTS for the year ended st 31 December 2023 Page 1 of 18 PAROCIAL CHURCH COUNCIL OF CHRIST CHURCH, BEXLEYHEATH ## ANNUAL REPORT FOR THE YEAR ENDED 31[ST] DECEMBER 2023 ## Administrative Information The Parochial Church Council of the Ecclesiastical Parish of Christ Church Bexleyheath (PCC) is a registered charity (number 1127820). The parish is part of the Diocese of Rochester within the Church of England. Christ Church is situated in Bexleyheath town centre; its postal address is Broadway, Bexleyheath, Kent DA6 7BT. The following persons served as members of the PCC during the period from 1[st] January 2023 until the date on which this report was approved: ## Incumbent The Reverend Trevor Wyatt ## Other Clergy N/A ## Wardens Laurie Bennett David Groombridge (from APCM 2023) Roy Humphrey (until APCM 2023) ## Representatives on the Deanery Synod Vicky Darton-Bigg (from APCM 2023) Lydia Fuller Roy Humphrey Richard Percival (until APCM 2023) Elected Representatives of the Laity Mark Bott (from APCM 2023) Rob Hilless Bernard Clewes (from APCM 2023) Willem Koopman Glenda Cooper Dorothy Leigh (from APCM 2023) Patricia Croft Nikita Leigh Page 2 of 18 > Carolyn Elery (from APCM 2023) Rachel Miles > Chris Gill (PCC Secretary) Victoria Onuniwu (from APCM 2023) Yvonne Fowler (until APCM 2023) Pat Perks Mark Fuller (until APCM 2023) Elisabeth Petchey Sheila Hancock Daimon Taylor-Hunt (until APCM 2023) Jane Hilless Stephen Taylor-Hunt (until APCM 2023) Co-opted members Bernard Clewes (until APCM 2023) ## Structure, Governance and Management The function and purpose of the PCC is outlined in the Parochial Church Councils (Powers) Measure 1956. The PCC operates through its Standing, Outreach, Fabric, Publicity, Catering, Stewardship and Halls Management Committees and receives the minutes of the meetings of those committees. The method of appointment of PCC members is set out in the Church Representation Rules. All Church attendees are encouraged to register on the Electoral Roll and to stand for election to the PCC. ## Objectives and Activities Christ Church PCC has the responsibility of co-operating with the incumbent, the Reverend Trevor Wyatt, in promoting in the ecclesiastical parish the whole mission of the Church, pastoral, evangelistic, social and ecumenical. The main activities are the provision of church services (including baptisms, weddings and funerals), further teaching of adults (including house groups and courses), youth and children’s work, and supporting missionary and charitable organizations and causes in the UK and overseas. The PCC also has maintenance responsibilities for the church and hall buildings on the site in the Broadway, Bexleyheath. ## Achievements and Performance ## Church Attendance At the time of the preparation of this report, there were 207 persons on the Church Electoral Roll (there were 212 in March 2022). The average weekly attendance at all Sunday services in Church in 2023 was 120 adults (105 in 2022, including services held on Facebook) and 22 children (26 in 2022), though these numbers fluctuate considerably through the year. These averages are based on the Statistics for Mission attendance figures for October 2023. Page 3 of 18 ## Review of the Year Whilst many local churches have continued to struggle since the Covid pandemic, Christ Church Bexleyheath has continued to do very well as witnessed by the growing number of people of all ages attending our church. To illustrate this point, we held our Welcome Lunch in June 2023 for people who were new to the church in the previous year or so. I invited 43 adults and 19 children under the age of 18 to this welcome lunch. Our work amongst children and young people and families is one of the most important ministries in the life of the church. Our youth leader – Lydia Fuller – returned from maternity leave and we have all been blessed to have Tahlia making her presence felt in the church. Sunday club has continued under Kim’s leadership and Messy Church has continued to go well under the leadership of Laurie Bennet, and Vicky Cox. Our under 5s pre-school group (Sunbeams) that meets on Thursday morning during term time has really taken off under the leadership of Maggie Turner who has a great team supporting her. The 14th West Kent Boys Brigade and Girls Association still badly affected by the pandemic has also started to recover with new members. Well done to Captain Andrew and his team. Our two new community projects have done really well in 2023. The Galaxy club (for those with “additional needs” led by Vicky Cox and Stacey Yusuf) won an award for their work at the Bexley Interfaith Awards evening. Our Saturday morning café (called Elderberries) was brought ‘in house’ early in the year and renamed Josies Café in memory of Josie who left us for glory at the end of March 2023. There have been some weeks when Josies café has been full up and it has been hard to find a spare seat. Our other community outreach initiatives – knitting group, craft group, the ladies meeting and our monthly church services in the care home have continued and go from strength to strength. Our thanks to the leaders of these groups. Although we had only five weddings in 2023, we did have forty-seven Christenings/Baptisms – which is a very large number for a church that doesn’t have an affiliated church school. I realise that most of our church family doesn’t meet those concerned with 12.15pm Baptisms, however, we do see some of these children and families at messy church, sunbeams and at Christmas services. Once a child is Baptised they can never by unbaptised and we never know of the seeds of faith that we are planting. Funerals were very busy during 2023 and we took 13 funerals in church and 63 at the Crematorium. We should also pause for a moment and remember those saints in our church that left us for glory in Page 4 of 18 ## 2023 – Josie Kempster, Sheila Vickers, Andy Golds, Cheryl Quinlan, Tony Holcroft, and Ann Akhurst. Our lay ministry team have continued to do a wonderful job in helping with the preaching and the wider ministry of our church. In May it was a joy to see Lydia authorised as a licensed lay minister (LLM) in Rochester Cathedral. Our other LLMs (Marilyn Ormes, George Johnson and Yvonne Fowler) have continued to preach regularly and lead services, and Richard Percival (Pastoral Assistant) continues to head up our pastoral team. Our occasional preachers Vicky Darton-Bigg, Roy Humphrey, Elizabeth Olu-Garrick, Steve Cave, David Soile, Robert Ramsdale and Sherry Snowden have continued to give talks for us. Elizabeth Olu-Garrick has completed the Bishops Certificate and Victoria Onunimu is due to complete this in 2024. We also have authorized Anna Chaplains who exercise ministries in various ways – Jo Ellard (Care homes), Patricia Croft (Ladies meeting), and Richard Percival (Pastoral team). Vicky Hill has continued to do a great job as our parish administrator church office, working ‘the extra mile‘ on many occasions to deal with various things that have come up and emergencies. Our Churchwardens – David and Laurie – have done excellent work for us. Our thanks also to Tony Duck for keeping the grounds looking so tidy and to Ros and Francis Tibbles for their work with the flower beds. Our treasurer, Glenda, has continued to do an amazing job as our treasurer (on a voluntary basis) which takes several hours each week dealing with the finances of the church. Our music director, Luke Green continued to bring great commitment and energy to this role. Under his leadership it has been great to see a growing number of children and young people join our junior choir. Michael King has continued to do a sterling job as our Organist – one of the most gifted organists the church has ever had. We are so blessed at Christ Church to have such a talented musical team. The life of the church is greatly enhanced by the provision of refreshments and food at many of our services and events. We are very blessed to have Jane Hilless who heads up our very committed catering team. Of particular note are the monthly Parish Lunches that are much loved by those who attend. We should also acknowledge our talented team of flower arrangers who make the church look so beautiful. We continue to ensure that we create a safe place and a safe church for all who come to us. We have the necessary Safeguarding information on our church website and this subject is a standard item on the agenda of the Parochial Church Council (PCC) meetings and also of the Ministry Leadership Team (MiLT). Since the new PCC was elected at the APCM in 2023, Laurie Bennett has been our Safeguarding Officer. Page 5 of 18 Christ Church Bexleyheath is a growing church in many dimensions, and we simply could not manage to do all that we do without the support of so many who volunteer and do so much to help and support the life of the church in its various ministries. A huge thank you to everyone who helps in whatever way – however great or small. It continues to be a huge privilege for me to serve here at Christ Church Bexleyheath as Vicar. I look forward to many blessings as we continue to grow the life of the church and go forward together in faith and love. In Christ’s Service, ## Trevor ## Financial Review Our net position in the General Fund at the end of the year was a positive movement of £658 (against a forecast of a deficit of £8,651 in the budget set at the start of 2023). The main reason for the ‘better than expected’ end of year balance is the result of the decision to account for additional reclaimed income tax on giving and donations made under gift aid. For many years, the income tax for gift aid we can reclaim has not aligned to the Church accounting year. For example, the amount of reclaimed income tax under gift aid shown in the 2022 accounts was for giving and donations made under gift aid for the 12 month period from 01.04.2021 to 31.03.2023. In discussions with Zachery Ramsden, our independent examiner of the Church accounts, we have decided to rectify this misalignment and add £11,000 in to the 2023 accounts to cover giving and donations made under gift aid for the period from 01.03.2023 to 31.12.2023. Going forward, the income tax reclaimed for each financial year will align to the giving and donations made under gift aid for the same financial year. The more significant unexpected expenditure items during 2023 were as follows: - halls lighting costing £2,300 - installation of ceiling heaters in the New Room costing £2,250 - repairs to the Church roof costing £3,222 (using funds from our Repair Fund) - refurbishment of the Church toilet costing £7,350 However, on the positive side, higher than expected income came from donations, fees, concerts, the Christmas Fair and Josie’s Café. The resulting end of year balance in the General Fund was £26,229. Page 6 of 18 The end of year balance in the Building Our Future fund, factoring in the increase made on the investment, is £287,258. ## Reserves Policy Our reserves policy is to have a General Reserve Fund of £25,000 and a Development Fund of £25,000. The balances of both funds have increased slightly to £21,823, recovering some of the losses incurred in 2022 on the investment. At the year end, therefore, the principal reserves comprised the General Reserve Fund at £21,822 the Development Reserve at £21,823, the Organ Fund at £7,103 and the Diocesan Repair Fund at £20,146. The resulting 2023 yearend balance for the General Fund and all the Designated, Restricted and Reserve Funds is £371,907 (a net increase of £16,257). ## Investments In 2018, the PCC members voted to invest £200,000 of the Building Our Future fund and £50,000 of the Church reserves in long term investment funds managed by Sarasin & Partners. During 2020 a further £20,000 was transferred to the Building Our Future investment fund, bringing the total invested amount to £220,000. As at the end of 2022: - the portfolio value of the Building Our Future investment stood at £247,878 (an increase of £13,332 since 31.12.22) - the portfolio value of the reserves’ investment stood at £43,645 (an increase of £626 since 31.12.22) ## Grants During 2023, we received the following grants: £8,500 from The Joseph Rank Trust for Youth Worker ## Glenda Cooper ## Treasurer ## PAROCHIAL CHURCH COUNCIL OF CHRIST CHURCH, BEXLEYHEATH STATEMENT OF FINANCIAL ACTIVITIES ## For the year ended 31st December 2023 |||General|Fund|Designated|Funds|Restricted|Funds|Total|Funds| |---|---|---|---|---|---|---|---|---|---| |||2023|2022|2023|2022|2023|2022|2023|2022| ||Notes|£|£|£|£|£|£|£|£| |INCOMING RESOURCES|2||||||||| ||||Page 7 of 18||||||| |Voluntary income
2(a)
Activities for generating funds
2(b)
Investment income
2(c)
Income from church activities
2(d)
Grants
2(e)
TOTAL INCOMING RESOURCES
RESOURCES EXPENDED
3
Cost of generating voluntary
income
3(a)
Cost of generating funds
3(b)
Cost of church activities
3(c)
Outreach
3(d)
TOTAL RESOURCES EXPENDED
NET INCOMING/
OUTGOING RESOURCES
Gains / (losses) on investments
Transfers between funds
9
9(a)
9(b)
9(c)
9(d)
9(e)
NET MOVEMENT IN FUNDS
BALANCES
brought forward
BALANCES
carried forward|140,614
127,008
5,709
1,005
24,212
1,012
11,901
6,817
1,415
341
0
0
3,071
2,871
555
95
7,057
6,898
78,218
73,828
0
0
0
0
0
0
0
3,389
12,700
8,500
233,804
210,524
7,679
4,830
43,969
16,410
97
398
0
0
0
0
0
189
0
0
0
0
237,608
214,385
2,543
0
18,920
0
0
0
10,135
10,450
0
570
237,705
214,972
12,678
10,450
18,920
570
-3,901
-4,448
-4,999
-5,620
25,049
15,840
626
-6,981
13,332
14,546
422
-2,800
-422
2,800
9,000
10,000
--9,000
--10,000
-10,050
-10,000
10,050
10,000
5,187
4,222
-5,187
-4,222
-500
500
658
-3,026
68
-4,523
29,381
20,886
25,571
28,597
64,444
68,967
265,635
244,749
26,229
25,571
64,512
64,444
295,016
265,635|170,535
129,025
13,316
7,158
10,683
9,864
78,218
73,828
12,700
11,889| |---|---|---| |||285,452
231,764| |||97
398
0
189
259,071
214,385
10,135
11,020| |||269,303
225,992| |||16,149
5,772
13,958
7,565
0
0
0
0
0
0
0
0
0
0| |||30,107
13,337
355,650
342,313| |||385,757
355,650| PAROCHIAL CHURCH COUNCIL OF CHRIST CHURCH, BEXLEYHEATH BALANCE SHEET For the year ended 31st December 2023 ||General|Designated|Restricted|Total Funds|Total Funds| |---|---|---|---|---|---| ||Fund|Funds|Funds|2023|2022| |Notes|£|£|£|£|£| Page 8 of 18 |FIXED ASSETS
Tangible assets
4
CURRENT ASSETS
5
Stock
Debtors & prepayments
Investments
Cash at bank
CURRENT LIABILITIES
Creditors
6
NET CURRENT ASSETS
LONG-TERM LIABILITIES
Loans
7
NET ASSETS
FUNDS
8
General
General Reserve
Development
Choir
Outreach
Catering
Social
Repair
Redevelopment Fund
Organ
Funds for Youth Worker
In Memoria donations|15,024
413
2,850
43,645
247,878
25,420
20,454
44.288
40,444
64,512
295,016
-14,215
26,229
64,512
295,016
26,229
64,512
295,016
26,229
21,822
21,823
119
95
363
144
20,146
287,258
7,103
0
655
26,229
64,512
295,016|18,287
8,119
291,523
277,565
90,162
77,174| |---|---|---| |||399,972
362,858| |||-14,215
-7,208| |||385,757
355,650| |||| |||385,757
355,650| |||26,229
25,571
21,822
21,510
21,823
21,510
119
763
95
180
363
341
144
128
20,146
20,012
287,258
257,407
7,103
6,638
0
935
655
655| |||385,757
355,650| Approved by the Parochial Church Council and signed on 14 April 2024 on its behalf by: David Groombridge Churchwarden Glenda Cooper Treasurer The notes on pages 9 to 14 form part of these accounts Page 9 of 18 PAROCHIAL CHURCH COUNCIL OF CHRIST CHURCH BEXLEYHEATH NOTES TO THE FINANCIAL STATEMENTS For the year ended 31[st] December 2023 ## 1. Accounting Policies ## Basis of financial statements The financial statements have been prepared under the Church Accounting Regulations 2006 in accordance with applicable accounting standards and the current Statement of Recommended Accounting Practice, Accounting and Reporting by Charities and applicable accounting standard FRS 102. The financial statements have been prepared under the historical cost convention investment assets, which are shown at market value. The financial statements include all transactions, assets and liabilities for which the PCC is responsible in law. They do not include the accounts of church groups that owe their main affiliation to another body, nor those that are informal gatherings of church members. ## Fund accounting Endowment funds are funds, the capital of which must be retained either permanently or at the PCC’s discretion; the income derived from the endowment is to be used either as restricted or unrestricted income funds depending upon the purpose for which the endowment was established in the first place. Restricted funds comprise (a) income from endowments that is to be expended only on the restricted purposes intended by the donor, and (b) revenue donations or grants for a specific PCC activity intended by the donor. Where these funds have unspent balances, interest on their pooled investment is apportioned to the individual funds on an average balance basis. Unrestricted funds are income funds that are to be spent on the PCC’s general purposes. Designated funds are general funds set aside by the PCC for use in the future. Project funds are designated for particular projects for administration purposes only. Funds designated as invested in fixed assets for the PCC’s own use are abated in line with those assets’ annual depreciation charges in the SOFA. Designated funds remain unrestricted and the PCC General funds are unrestricted funds that can be used for PCC ordinary purposes. Designated funds remain unrestricted, and any surplus can be moved to other general funds. ## Incoming resources Planned giving, collections and similar donations are recognised when received. Tax refunds are recognised when the incoming resource to which they relate is received. Grants and legacies are accounted for when the PCC is entitled to the use of the resources, their ultimate receipt is considered reasonably certain and the amounts due are readily quantifiable. Dividends are accounted for when declared receivable, interest as and when accrued by the payer. All incoming resources are accounted for gross. ## Resources expended Grants and donations are accounted for when paid over, or when awarded, if that award creates a binding or constructive obligation on the PCC. The diocesan parish share expected to be paid over is accounted for when due. All other expenditure is generally recognised when it is incurred and is accounted for gross. ## Fixed assets Consecrated and benefice property is not included in the accounts in accordance with section 10(2)(a) of the Charities Act 2011. Page 10 of 18 Movable church furnishings held by the vicar and churchwardens on special trust for the PCC, and which require a faculty for disposal, are inalienable property listed in the church’s inventory, which can be inspected (at any reasonable time). For anything acquired prior to 2000 there is insufficient cost information available and therefore such assets are not valued in the financial statements. Subsequently no individual item has cost more than £1,000 so all such expenditure has been written off when incurred. Equipment used within the church premises is depreciated on a straight-line basis over four years. Individual items of equipment with a purchase price of £500 or less are written off when the asset is acquired. ## PAROCHIAL CHURCH COUNCIL OF CHRIST CHURCH, BEXLEYHEATH NOTES TO THE FINANCIAL STATEMENTS (continued) For the year ended 31st December 2023 |General Fund
Designated
Funds
Restricted Funds
2023
2022
2023
2022
2023
2022
£
£
£
£
£
£
2. INCOMING RESOURCES
2(a) Voluntary income
Planned giving
- under gift aid
75,851
75,909
- other
10,383
8,272
- income tax
32,863
22,356
2,850
Collections
4,836
7,455
Donations
16,681
13,016
5,709
1,005
12,362
1,012
Legacies
9,000
140,614
127,008
5,709
1,005
24,212
1,012
2(b) Activities for generating funds
Josie’s Vintage Café
2,704
Coffee mornings
458
416
1,415
341
Summer fair
Christmas fair
3,533
2,661
Concerts
5,206
3,740
11,901
6,817
1,415
341
0
0
2(c) Income from investments
Dividends
1,061
1,036
Interest
2,010
1,835
555
95
7,057
6,898
3,071
2,871
555
95
7,057
6,898
2(d) Income from church activities
Church hall lettings
58,380
58,275
Church hire
1,059
1,453
Fees
18,779
14,100
78,218
73,828
0
0
0
0
2(e) Grants
For Ukranian Church
4,200
Youth leader / youth work
8,500
8,500
Energy
3,389
0
0
0
3,389
12,700
8,500|Total Funds
2023
2022
£
£
75,851
75,909
10,383
8,272
35,713
22,356
4,836
7,455
34,752
15,033
9,000
170,535
129,025
2,704
1,873
757
3,533
2,661
5,206
3,740
13,316
7,158
1,061
1,036
9,622
8,828
10,683
9,864
58,380
58,275
1,059
1,453
18,779
14,100
78,218
73,828
4,200
8,500
8,500
3,389
12,700
11,889| |---|---| Page 11 of 18 Total Incoming Resources 233,804 210,524 7,679 4,830 43,969 16,410 285,452 231,764 Page 12 of 18 ## PAROCHIAL CHURCH COUNCIL OF CHRIST CHURCH, BEXLEYHEATH NOTES TO THE FINANCIAL STATEMENTS (continued) For the year ended 31st December 2022 |General Fund
Designated Funds
Restricted Funds
2023
2022
2023
2022
2023
2022
£
£
£
£
£
£
**3. Resources Expended**
3(a) Costs of generating voluntary income
Planned giving & stewardship
97
398
0
0
0
0
3(b) Costs of activities for generating funds
Fairs / Concerts
0
189
0
0
0
0
Redevelopment costs
0
0
0
0
0
0
0
189
0
0
0
0
3(c) Cost of church activities
Ministry
- Parish share (offer)
70,200
68,153
- DBF fees
11,146
8,284
- Clergy expenses
1,340
2,088
- Clergy housing
3,398
3,039
Youth work
2,476
2,553
Youth worker
13,236
19,058
935
0
Children’s workers
1,000
500
Worship
4,680
3,340
1,150
0
Director of Music
14,539
9,103
Education & training
1,078
1,106
Publicity
0
294
Catering
1,393
0
Ukranian Church
4,200
0
Governance costs
700
0
Church running costs
- insurance
7,789
7,308
- utilities
22,199
12,601
- printing & stationery
2,132
2,055
- cleaning
3,402
3,254
- bank interest & charges
572
553
- parish office costs
2,936
1,984
- parish administration
19,999
20,014
- fabric & maintenance
21,613
17,132
- organ maintenance
208
948
13,785
0
Church halls running costs
- insurance
3,159
2,872
- utilities
16,655
8,668
- cleaning
5,600
4,970
- supplies
2,462
2,322
- fabric & maintenance
5,089
12,186
237,608
214,385
2,543
0
18,920
0|General Fund
Designated Funds
Restricted Funds
2023
2022
2023
2022
2023
2022
£
£
£
£
£
£
**3. Resources Expended**
3(a) Costs of generating voluntary income
Planned giving & stewardship
97
398
0
0
0
0
3(b) Costs of activities for generating funds
Fairs / Concerts
0
189
0
0
0
0
Redevelopment costs
0
0
0
0
0
0
0
189
0
0
0
0
3(c) Cost of church activities
Ministry
- Parish share (offer)
70,200
68,153
- DBF fees
11,146
8,284
- Clergy expenses
1,340
2,088
- Clergy housing
3,398
3,039
Youth work
2,476
2,553
Youth worker
13,236
19,058
935
0
Children’s workers
1,000
500
Worship
4,680
3,340
1,150
0
Director of Music
14,539
9,103
Education & training
1,078
1,106
Publicity
0
294
Catering
1,393
0
Ukranian Church
4,200
0
Governance costs
700
0
Church running costs
- insurance
7,789
7,308
- utilities
22,199
12,601
- printing & stationery
2,132
2,055
- cleaning
3,402
3,254
- bank interest & charges
572
553
- parish office costs
2,936
1,984
- parish administration
19,999
20,014
- fabric & maintenance
21,613
17,132
- organ maintenance
208
948
13,785
0
Church halls running costs
- insurance
3,159
2,872
- utilities
16,655
8,668
- cleaning
5,600
4,970
- supplies
2,462
2,322
- fabric & maintenance
5,089
12,186
237,608
214,385
2,543
0
18,920
0|Total Funds
2023
2022
£
£| |---|---|---| ||97
398
0
0
0
0|97
398| ||funds
0
189
0
0
0
0
0
0
0
0
0
0
0
189
0
0
0
0
70,200
68,153
11,146
8,284
1,340
2,088
3,398
3,039
2,476
2,553
13,236
19,058
935
0
1,000
500
4,680
3,340
1,150
0
14,539
9,103
1,078
1,106
0
294
1,393
0
4,200
0
700
0
7,789
7,308
22,199
12,601
2,132
2,055
3,402
3,254
572
553
2,936
1,984
19,999
20,014
21,613
17,132
208
948
13,785
0
3,159
2,872
16,655
8,668
5,600
4,970
2,462
2,322
5,089
12,186
237,608
214,385
2,543
0
18,920
0|0
189
0
0| |||0
189| |||70,200
68,153
11,146
8,284
1,340
2,088
3,398
3,039
2,476
2,553
14,171
19,058
1,000
500
5,830
3,340
14,539
9,103
1,078
1,106
0
294
1,393
0
4,200
0
700
0
7,789
7,308
22,199
12,601
2,132
2,055
3,402
3,254
572
553
2,936
1,984
19,999
20,014
21,613
17,132
13,993
948
3,159
2,872
16,655
8,668
5,600
4,970
2,462
2,322
5,089
12,186| |||259,071
214,385| Page 13 of 18 ## PAROCHIAL CHURCH COUNCIL OF CHRIST CHURCH, BEXLEYHEATH NOTES TO THE FINANCIAL STATEMENTS (continued) For the year ended 31st December 2023 |3(d) Outreach
Missionary & charitable giving
Bible Society
Craft Aid International
CMS Latin America
Leprosy Mission
Josie’s Vintage Café
Support for Kidoku Parish
Kondoa bible college students
Support for Rev Chizenga
Spark in the Park
MIND
CRIBS
Poverty & Hope
Scripture Union
Bexley Deaf Centre
Vicar's Discretionary Fund
Visiting preachers’ expenses
Churches Together in B’heath
Greenwich & Bexley Hospice
Mosaic Anglicans
Hot Food Project
Total Resources Expended|General Fund
Designated
Funds
Restricted
Funds
2023
2022
2023
2022
2023
2022
£
£
£
£
£
£
1,800
1,800
2,400
2,400
1,000
1,000
1,400
1,475
1,300
0
800
800
0
400
300
300
400
400
0
250
150
400
200
200
0
250
200
300
0
100
60
100
25
25
0
250
100
0
0
570
0
0
10,135
10,450
0
570
237,705
214,972
12,678
10,450
18,920
570|Total Funds
2023
2022
£
£
1,800
1,800
2,400
2,400
1,000
1,000
1,400
1,475
1,300
0
800
800
0
400
300
300
400
400
0
250
150
400
200
200
0
250
200
300
0
100
60
100
25
25
0
250
100
0
0
570| |---|---|---| |||10,135
11,020| |||269,303
225,992| Page 14 of 18 PAROCHIAL CHURCH COUNCIL OF CHRIST CHURCH, BEXLEYHEATH NOTES TO THE FINANCIAL STATEMENTS (continued) For the year ended 31st December 2023 4. Fixed Assets None 5. Current Assets Debtors and prepayments include an accrual of fees receivable in respect of hall lettings together with other items. Cash at bank comprises money held in current and deposit accounts with Lloyds TSB and other banks, monies held on deposit with the Central Board of Finance of the Church of England, monies in the Diocesan repair funds for the church and monies held in investment accounts with Sarasin. 6. Current Liabilities The liabilities on the General Account include payments made in 2024 for services and expenses incurred in 2023. 7. Long-Term Liabilities None 8. Fund Details The designated funds comprise the following: - (a)  General Reserve Fund - balance £21,822 (2022 - £21,509) - This is the fund set aside to meet the PCC’s reserves policy. - (b)  Development Fund – balance £21,823 (2022 - £21,510) - This is money set aside for future development projects as approved by the Parochial Church Council. - (c)  Choir Fund - balance £119 (2022 - £763) - This Fund comprises monies received by and under the control of the choir. - (d)  Outreach Fund - balance £95 (2022 - £180) An annual transfer of money from General Fund provides money for missionary and charitable donations. Any balance is under the control of the Outreach Committee. - (e)  Catering Fund - balance £363 (2022 - £341) - This Fund comprises monies received by and under the control of the Catering Committee. - (f)  Social Fund - balance £144 (2022 - £128) - This Fund comprises monies allocated to and under the control of the Social Committee. - (g)  Church Repair Fund - balance £20,146 (2022 - £20,012) The Diocese operates a repair fund scheme to which regular contributions are made from General Fund. The money is available for maintenance work on the church and clergy house. Membership of the repair funds also carries the right to interest-free loans from the Diocese when further monies are required. The restricted funds comprise the following: - (h)  Redevelopment Fund - balance £287,258 (2022 - £257,407) - This fund holds monies raised for the ‘Building Our Future’ redevelopment fund - (i)  Organ Fund - balance £7,103 (2022 - £6,638) This fund consists of monies given specifically to meet the cost of any significant repair to the organ that may be required. - (j)  Youth Worker Fund - balance £0 (2022 - £935) Grants given to support the Youth work at the Church are held in this fund - (k)  In Memoria donations – balance £655 - Monies donated in memory of loved ones are held in this fund Page 15 of 18 ## 9. Transfer Details - (a) Payments into Repair Fund totalling £2,800 and withdrawal of £3,222 from Repair Fund (net -£422) - (b) Transfer of £9,000 for Youth Worker from restricted fund to general fund - (c) Transfer of £10,050 to Outreach account - (d) Transfer of £5,187 from Energy fund to general fund to pay energy bills - (e) 2022 only, transfer of £500 from Choir Fund to Organ Fund ## 10. Going Concern The trustees consider that there are no material uncertainties about the ability to continue as a going concern. ## 11. Related party transactions There have been no transactions with persons or entities that are closely connected to the charity or its trustees (2022 - none). None of the Trustees were paid any remuneration or received any other benefits from the charity in the year (2022 - none). No trustees' expenses were incurred in the year (2022 - none). ## 12. Movement in funds |Fund
General
Designated funds
General reserve
Development
Choir
Outreach
Catering
Social
Repair
Energy
Restricted Funds
Redevelopment
Organ
Funds for Youth Worker
In memoria donations|B/F
Income
Expenses
Gains
(losses)
Transfer
C/F| |---|---| ||25,571
233,804
-237,705
0
4,559
26.229| ||21,509
313
21,822
21,510
313
21,823
763
506
-1,150
119
180
-10,135
10,050
95
341
1,415
-1,393
363
128
16
144
20,013
555
-422
20,146
0
5,187
-5,187
0| ||64,444
7,679
-12,678
626
4,441
64,512| ||257,407
16,519
13,332
287,258
6,638
14,250
-13,785
7,103
936
9,000
-936
-9,000
0
655
655| ||265,636
39,769
-14,721
13,332
-9,000
295,016| ||| ||355,651
281,252
-265,104
13,958
0
385,757| 13. Analysis of staff costs Page 16 of 18 |Salaries and wages
Social security costs
Pension costs|2023
2022
2021
50,773
48,019
45,676
1,515
2,133
2,662
1.655
1,917
1,848| |---|---| ||53,943
52,069
50,186| The average number of staff employed was 7 (2022 - 8) Page 17 of 18 ## **Independent Examiner’s Report to the Trustees of the Parochial Church Council of Christ Church Bexleyheath** I report to the trustees on my examination of the accounts of the above charity for the year ended 31[st] December 2023. **Responsibilities and basis of report** As the charity's trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”). I 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, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. ## **Independent examiner’s statement** The charity’s gross income exceeded £250,000 and I am qualified to undertake the examination by being a qualified member of the Institute of Chartered Accountants in England and Wales. I have completed my examination. I confirm that no material matters have come to my attention in connection with the 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 Charities 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. I 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. ## Signed: Zachary Ramsden Name: Zachary Ramsden FCA Chartered Accountant 63 Deakin Leas, Tonbridge, Kent TN9 2JT Date: 2nd May 2024 Page 18 of 18