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2022-12-31-accounts

THE PAROCHIAL CHURCH COUNCIL of ST. PAULINUS CHURCH, CRAYFORD

ANNUAL REPORT and FINANCIAL STATEMENTS

For the year ended 31 December 2022

Incumbent The Revd Paul Prentice The Rectory, Claremont Crescent Crayford, KENT DA1 4RJ

Bank: Barclays Bank plc Branch 20-06-72 AC 80775193

Charity Commission Reference Number: 1127824. Website: www.stpaulinus.co.uk Twitter: @stpaulinuscofe

To make kuown the lave of God ard this Sox Jesus Christ ic the commenti.

Independent Examiner:

SADLER DAVIES & CO CharteredAccountants 3 Enterprise House & Essex Road Dartford Kent DA1 2AU

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PAROCHIAL CHURCH COUNCIL OF ST. PAULINUS, CRAYFORD

St Paulinus Church Office, 8a Iron Mill Lane, Crayford Kent DA1 4RW

Telephone & fax: 01322 557532
E-mail: churchadmin@stpaulinus.co.uk
Website: http:/Awww.stpaulinus.co.uk
INDEX
Page 1 to 4. Annual Reportfor2022
Page 5. Statement of Financial Activities for the
Yearended 31 December 2022
Page 6. Balance Sheet at 31 December 2022
Pages 7 to 11. Notes to the financial statements
Page12. IndependentExaminer'sReport

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1

ST PAULINUS CHURCH, CRAYFORD - ANNUAL REPORT FOR 2022 THE PAROCHIAL CHURCH COUNCIL (PCC)

Administrative Information St. Paulinus Church is located in the small town of Crayford in the London Borough of Bexley in the Diocese of Rochester. The correspondence address is St Paulinus Church Office, 8a Iron Mill Lane, Crayford, Kent, DA1 4RW. Objectives St Paulinus Parochial Church Council (PCC) has the responsibility of co-operating with the incumbent, the Revd Paul Prentice in promoting in the parish, the whole mission of the Church, pastoral, evangelistic, social and ecumenical, the provision of church services, baptisms, funerals, weddings, youth and children’s work and teaching adults through weekly home groups and confirmation. It also has maintenance responsibilities for the church building, the curate’s house, the church halls and the investment property. Crayford Parochial Church Council 2022 The PCC is a charity which became registered with the Charities Commission in February 2009. The function and purpose of the PCC is outlined in the Parochial Church Council's (Powers) Measure 1956. 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 stand for election to the PCC.

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|||||||||||||| |---|---|---|---|---|---|---|---|---|---|---|---|---| |During|the year the|following|people|served|as|members of|the PCC.| |Ex|Officio|Members| |The|Revd|Paul|Prentice|(Rector and|Chairperson), The|Revd Amanda|Spence|(Curate),|Richard|Demuth|(Lay|Minister| |Vice|/| |Chairperson),|Aeron|Preston|(Director|of Music),|Kelly Tharby|(Church|Administrator),|Lisa|Kirby|(Assistant| |Elected|Administrator)|Michael Onafuwa (Church Warden) and David Day (Church|Warden).| |in|2022|(until APCM|2025)| |Stanley|Nwankudu|and|Pam|Rowlatt.| |Elected|in|2021|(until APCM|2024)| |Ruth|Lambourn,|Labi Agbaje,|Paul|Cratchley,|David|Berry|and|Peter Walsh.| |Elected|in|2020|(until APCM|2023)| |Elected|Jean|Jones, Andrew Sinclair, Hazel Lawson & Merrick|Elliott and|1|vacancy.| |in|2020|(until APCM|2022)| |Stuart Spence|elected|for 2|years.| |Elected|in|2019|(until APCM|2022)| |Dean|Humphreys|and|1|vacancy.| |Deanery Synod|(elected|in|2020|until APCM|2023)| |Roger|Laing|and|Karen|Carter.| |Elected|by the|PCC| |26.09.2022),Jo Nauman|(Hon|Treasurer- resigned|24.04.2022), Stuart Spence (Hon Treasurer - appointed 24.04.2022 and resigned on| |Donna Hovenden|(Hon|Treasurer|appointed|on 26.09.2022) and Simon|Sukonik|(secretary).| |Committees.|The PCC|operates|through|a|number of committees,|which|meet between|full|meetings|of the PCC.|Each PCC| |member|is|required|to|sit ona committee,|and|each committee|must have|at|least one PCC|member,|but the chairperson|of the| |committee|does|not|have|to|be|a|member|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|and|its|members|are made|up|entirely from the|PCC.| |Church|Fabric|Committee:| |It attends|to|matters|relating|to the|stewardship|of plant,|such|as the|church|buildings and|fabric.| |Halls|Committee:| |It|makes|decisions|involving|the management|of the|two church|halls|in|Manor Road.| |Communications|Committee:| |Responsible for the church website,|church|notice|boards,|and|posters|advertising|services, the book of the church’s|history.|and the welcome| |pack|in|church|and|supports|the church|magazine|editors.| |Social|Committee:| |Provides|refreshments|after special|services or when the occasion arises,|It arranges social events with a view to raising funds|at the request| |of|the|PCC.| |Outreach|and|Mission|Committee:| |It looks|at areas|in church|life|that can be|improved|and develops new ideas|that would|makea|difference.| |Away|Giving|Committee:| |Organises|charitable and away giving on|behalf of the|parish|and|promotes suitable|donors.|

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ST PAULINUS CHURCH, CRAYFORD - ANNUAL REPORT FOR 2022 2 NE NIN EES

Achievements and Performance

Review of the year

The PCC met 2 times during the year with an average level attendance of 17.

In 2022, 6 people were confirmed at St Paulinus, 5 adults and one child (2021: 9). During the year there were 39 baptisms (2021: 24 baptisms), 3 weddings (2021: 3) and 11 funerals took place in church, 12 Cremations, 7 burials and 35 Burials of Ashes. In 2021 28 funerals took place at the Church and while 45 funerals were conducted at the crematorium.

We were once again blessed to see healthy attendance at our carol services, midnight mass and Christmas morning.

Donations for general purposes was £41,449 and had dropped on last year by around £800. On average, over the year, 45 (2021:48) people gave by standing order directly into the bank account. The claim for gift 2022aid for Quarter4 is outstanding at year-end but it is expected to be £1,760. The total received in respect of a as a tax reclaim for donations given under gift aid either by the orange or yellow envelope, is £7,019, decrease of £596 and 8% less than last year (2021: £7,600). The funeral fees provided 15% (2021: 23%) of unrestricted incoming resources amounting to £20,221 (2021: £36,291). The only burials allowed in the ‘old’ churchyard are in reserved spaces and re-opened graves. The ‘old’ churchyard is the responsibility of the PCC. The Crayford Living Churchyard is a charity run by volunteers to keep this churchyard maintained and tidy, but also to allow the wild flora and fauna within to flourish, in conjunction with the council, and with advice from the Kent Countryside Project. A management plan is in place, which means that the grass is left to grow in the summer so that the seeds of the wild flowers can disperse.

Halls: The hall continues to be used regularly by both regular users and ad-hoc with the income from all Hall users being £36,451 (2021: £30,776).

Church: A new boiler was sourced and installed into the Church at the end of 2022 — the total cost here was £19,668.40. Further, frame and debris netting has been purchased and installed in the south aisle totalling £7,421.88 which will be sold back to Stone Edge Conservation once the internal restoration project has been finalised (it was cheaper to buy the materials and sell back as opposed to renting the materials). The Porch restoration project has also begun with architect’s drawings having been obtained.

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a

ST PAULINUS CHURCH, CRAYFORD - ANNUAL REPORT FOR 2022

Investment property. In 2014 the PCC raised capital by selling the house in Barnehurst Road and some of the money was used to upgrade the heating and to renew outdated lighting in the halls as well as to renew the church PA system. The excess was used to purchase a 2-bedroom property in Woodfall Drive, which the PCC considered a sound capital investment and a vital source of income for the maintenance of the ministry.

Church attendance

In 2022 there were 157 people on the Church Electoral Roll (31.10.2022), the average annual normal Sunday attendance in 2022 was 80 adults (2021: 60) and 15 children under the age of 16 (2021: 10). There were 3 Christmas Eve services this year, Carols by Candlelight, The Nativity Service & Midnight Mass (2021: 3, Carols by Candlelight, The Nativity Service & Midnight Mass). 1 Service was held on Christmas Day (2021: 1). In 2022, the Christmas Attendance was 404 (2021: 320) and the Easter services was 167 (2021: 175).

Risks policy

The standing committee have identified the major risks, which impact the work of the Church in the parish. There is a child protection policy in place and the Parish Disclosure Officer is Mrs Kelly Tharby who continues to put into place the Data Barring Service vetting procedures for the church volunteers. Like all Church of England churches, safeguarding and safer recruitment are paramount. The PCC are committed to ensuring that our church and hall are safe places for all who use them. For more detailed information and guidance see the Parish Safeguarding Handbook. httos://www.rochester.anglican.org and click on safeguarding. Produced by the National Safeguarding Team, it is a comprehensive guide, summarising the key areas a parish need to address with regards to safeguarding. Additionally, the PCC have signed up to promoting a safer Church, and details of our safeguarding officer, and incumbent, are available within the Church on our “safer Churches” poster. Additionally, the Church is compliant on GDPR Legislation, details of which can be found on the churches website

Financial review

The net deficit was £14,626 (2021: surplus £35,226) as a result of total incoming resources of £134,160 (2021: £158,191), total outgoing resources of £167,375 (2021: £1 39,718) and movement on investments.

Incoming resources included total voluntary giving of £49,535 (2021: £51 ,005) (which includes income tax recoverable on Gift Aid donations), church hall income of £36,451 (2021: £30,776) and total funeral and wedding fees of £22,450 (2021: £38,437). Rental income from 92 Woodfall Drive amounted to £14,747 (2021: £14,105). The Friends of St Paulinus Church paid to the PCC £1,745 in 2022 for the 2021 WiFi installation project.

£75,071, (2021: £74,220) was spent to provide the Christian ministry from St Paulinus Church which included the contribution to the Diocesan parish offer of £21,918 (2021: £23,942), which includes the clergy stipends. Church maintenance and running expenses amounted to £45,924 (2021: £23,000). Church hall running costs were £30,550 (2021: £25,632).

At the end of the year the PCC bank account had a credit balance of £13,443 (2021: £10,082) and there was a total of £41,157 (2021: £40,915) deposited with the Rochester Diocese Loan Fund.

Volunteer help.

The church has many volunteers without whom the church would not be able to carry on with the ministry. Amongst these are the 2 Readers, 2 licenced lay ministers, and 1 Pastoral Assistant, Additionally, the Church has a team of servers and stewards, 2 Churchwardens and one deputy, Sunday School leaders and helpers, the choir and band, the Treasurer, Secretary and the PCC, the Stewardship secretary and Gift Aid administrator, the Parish magazine editor, home group leaders, and members of the various committees to name but a few. The church is blessed with many unsung heroes who carry out their tasks for the good of the Church community.

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ST PAULINUS CHURCH, CRAYFORD - ANNUAL REPORT FOR 2022 4 eS SSE TREPMINI PUN CULE UC

Reserves policy

It is PCC policy to maintain unrestricted funds, which are the free reserves of the PCC, at a level, which equates to approximately three months unrestricted expenditure (£40,000) to cover emergency situations that may arise from time to time.

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Signed
K—~ ¢.
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Chair: Revd Paul Prentice

Church Warden: David Day

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PAROCHIAL CHURCH COUNCIL OF ST. PAULINUS, CRAYFORD STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2022

5

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|||||||||| |---|---|---|---|---|---|---|---|---| |Unrestricted|Prior|year| |Note|Restricted|Endowment|Total|funds|funds| |funds|income funds|funds|2022|2021| |Incoming|Resources|(Note|3)|£|£|£|£|£| |Donations & Legacies:|3.1|53,171.59|1,067.35|-|54,238.94|63,504.72| |Charitable Activities:|3.2|59,846.29|“|-|59,846.29|71,176.88| |Other Trading Activities:|3.3|2,256.09|-|-|2,256.09|7,751.72| |Income from|Investments:|3.4|15,932.44|-|1,206.28|17,138.72|15,757.94| |Other|3.5|680,00|-|-|680.00|-| |Total|131,886.41|1,067.35|1,206.28|134,160.04|158,191.26| |Resources|Expended|(Note|4)| |Raising Funds|4.4|3,007.32|=|-|3,007.32|4,254.03| |Charitable Acitivities|4.2|146,122.03|16,313.58|=|162,435.61|133,922.05| |Other|4.3|1,931.59|-|-|1,931.59|1,541.88| |Total|151,060.94|16,313.58|-|167,374.52|139,717.96| |Income/(expenditure)|before| |investment|gains/(losses)|(19,174.53)|(15,246.23)|1,206.28|(33,214.48)|18,473.30| |Net gains/losses) on investments|24,000.00|-|(5,411.40)|18,588.60|16,753.16| |Net income/(expenditure)|4,825.47|(15,246.23)|(4,205.12)|(14,625.88)|35,226.46| |Transfers between funds|1,266.15|328.85|(1,595.00)|-|-| |Net movement in|funds|——————-6,091.62|ear,(14,917.38)|(5,800.12)|(14,625.88)|OL35,226.46| |Reconciliation|of|funds:| |Total funds brought forward|a544,694.18|940,217.38|A61,119.92|1,546,031.48|__1,510,805.021,510,805.02|©| |Total funds carried forward|£550,785.81|£925,300.00|£55,319.80|£1,531,405.61|£1,546,031.48|

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PAROCHIAL CHURCH COUNCIL OF ST. PAULINUS, CRAYFORD BALANCE SHEET AS AT 31 DECEMBER 2022

aaa aaa aaa 6
ee		 6
ee
Note Unrestricted
funds		 Restricted
income funds		 Endowment
funds		 Totalfund
2022		 Prioryearfunds
2021
£ £ £ £ £
Fixed Assets
TangibleAssets
Investments &LongTerm Deposits
Totalfixedassets		 6
7		 8,222.68
506,124.88
514,347.56		 920,000.00
-
920,000.00		 -
40,558.33
40,558.33		 928,222.68
546,683.21
1,474,905.89		 930,974.68
535,737.16
1,466,711.84
Current Assets
Debtors
Shortterm deposits
Cash atbankand inhand
Totalcurrent assets		 8.1
8.2
8.3		 4,226.43
35,857.27
3,468.64
43,552.34
——		 -
5,300.00
0.00
5,300.00		 -
-
14,761.47
14,761.47		 4,226.43
8,492.42
41,157.27
40,915.28
18,230.11
35,449.48
63,613.81
84,857.18
84857.18
Creditors:amounts falling duewithin one
year 9 (7,114.11) - - (7,114.11) (5,537.54)
Netcurrentassets/(liabilities) 36,438.23 5,300.00 14,761.47 56,499.70 79,319.64
Totalassetsless currentliabilities 550,785.81 925,300.00 55,319.80 1,531,405.61 1,546,031.48
Creditors: amounts falling due afterone
year
Totalnetassets orliabilities		 a
£550,785.81
—_—ooo—ee		 i
£925,300.00
eeEE		 =
= ee
£55,319.80
£1,531,405.61
£1,546,031.48
EE
1 TET 46,031.48
Funds ofthe Charity
Endowmentfunds
Restrictedincomefunds
Unrestricted funds		 10
10
10		 -
-
550,785.81		 -
925,300.00
-		 55,319.80
-
-		 55,319.80
925,300.00
550,785.81		 61,119.92
940,217.38
544,694.18
£550,785.81 £925,300.00 £55,319.80 £1,531,405.61 £1,546,031.48

The notes on pages 7 to 11 form part of these financial statements.

Signed on behalf of all the trustees

wane (AX Chair: Revd Paul Prentice Date ofpp approval: / &/£/2r22

_f Church warden: Michael Onafuwa

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PAROCHIAL CHURCH COUNCIL OF ST. PAULINUS, CRAYFORD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022 eee

Note 1. Basis of preparation

1.1 Basis of accounting.

These 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 these accounts. The accounts 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 16'" July 2014 (as amended 2015) and with the Charities Act 2011.

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.

The charity constitutes a public benefit entity as defined by FRS102 SORP and the Charities Commission as a charity for the advancement of religion. The church is committed to enabling people to develop their relationship with God and live out their faith in the community through teaching, prayer and worship.

1.2 Going Concern , The PCC consider the church to be a going concern, with income from donations, the halls and the investment property. Any shortfall would be addressed with fundraising and appeals to the church members if the church reserves were insufficient. At present the reserves are adequate.

Note 2. Accounting Policies

2.1 Income

Recognition of income.

These are included in the Statement of Financial Activities (SoFA) when: e the church becomes entitled to the resources; e it is more likely than not that the trustees will receive the resources; and e the monetary value can be measured with sufficient reliability.

Offsetting

There has been no offsetting of assets and liabilities, or income and expenses, unless required or permitted by the FRS 102 SORP.

Grants and donations Grants and donations are only included in the SoFA when the general income recognition criteria are met. (5.10 to 5.12 FRS 102 SORP)

Legacies

Legacies are included in the SoFA when receipt is probable, that is, when there has been grant of probate, the executors have established that there are sufficient assets in the estate and any conditions attached to the legacy are either within the control of the charity or have been met.

Tax reclaims on donations and gifts Gift Aid receivable is included in income when there is a valid declaration from the donor. Any Gift Aid amount recovered on a donation is considered to be part of that gift and is treated as an addition to the same fund as the initial donation unless the donor or the terms of the appeal have specified otherwise.

Donated goods

Gifts in kind for use by the charity are included in the SoFA as income from donations when receivable.

Volunteer help

The value of any voluntary help received is not included in the accounts but is described in the trustees’ annual report.

PAROCHIAL CHURCH COUNCIL OF ST. PAULINUS, CRAYFORD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022 eee 2.1 Income continued.

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Income from interest and dividends This is included in the accounts when receipt is probable and the amount receivable can be measured reliably.

Settlement of insurance claims

Insurance claims are only included in the SoFA when the general income recognition criteria are met (5.10 to 5.12 FRS 102 SORP) and are included as an item of other income in the SoFA.

Investment gains and losses This includes any realised or unrealised gains or losses on the sale of investments and any gain or loss resulting from revaluing investments to market value at the end of the year.

2.2 Expenditure and liabilities

Liability recognition Liabilities are recognised where it is more likely than not that there is a legal or constructive obligation committing the church to pay out resources and the amount of the obligation can be measured with reasonable certainty.

Governance and support costs Support costs ensuring the church complies with the public accountability and compliant with regulation and good practice are nil as they are carried out by volunteers.

Redundancy cost The charity made no redundancy payments during the reporting period.

Deferred income

No material item of deferred income has been included in the accounts.

Creditors

The charity has creditors which are measured at settlement amounts less any trade discounts.

Provisions for liabilities

A liability is measured on recognition at its historical cost and then subsequently measured at the best estimate of the amount required to settle the obligation at the reporting date.

2.3 Assets

Tangible fixed assets for use by charity These are capitalised if they can be used for more than one year and cost at least £1,000. They are valued at cost or historical deemed cost. The depreciation rates and methods used are disclosed in note 6.

Consecrated land and buildings and movable church furnishings Consecrated and beneficed property of any kind is excluded from the accounts by s.10 (2)(a) of the Charities Act 2011. No value is placed on movable church furnishings held by the Vicar and Churchwardens on special trust for the PCC and which require a faculty for disposal since the PCC considers this to be inalienable property. These items are listed in the Church's Inventory, which can be inspected (at any reasonable time).

Investments

Investments are valued initially at cost and subsequently at fair value (their market value) at the year end.

Stocks

Goods provided as part of a charitable activity are measured at net realisable value.

Debtors

Debtors are measured at the cash or other consideration expected to be received.

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PAROCHIAL CHURCH COUNCIL OF ST. PAULINUS, CRAYFORD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022

PAROCHIAL CHURCH COUNCIL OFCOUNCIL OFOF ST. PAULINUS, CRAYFORD
NOTES TO THETHE FINANCIAL STATEMENTSSTATEMENTS
FOR THE YEARTHE YEARYEAR ENDED 31 DECEMBER 20222022		 PAROCHIAL CHURCH COUNCIL OFCOUNCIL OFOF ST. PAULINUS, CRAYFORD
NOTES TO THETHE FINANCIAL STATEMENTSSTATEMENTS
FOR THE YEARTHE YEARYEAR ENDED 31 DECEMBER 20222022		 PAROCHIAL CHURCH COUNCIL OFCOUNCIL OFOF ST. PAULINUS, CRAYFORD
NOTES TO THETHE FINANCIAL STATEMENTSSTATEMENTS
FOR THE YEARTHE YEARYEAR ENDED 31 DECEMBER 20222022		 PAROCHIAL CHURCH COUNCIL OFCOUNCIL OFOF ST. PAULINUS, CRAYFORD
NOTES TO THETHE FINANCIAL STATEMENTSSTATEMENTS
FOR THE YEARTHE YEARYEAR ENDED 31 DECEMBER 20222022		 PAROCHIAL CHURCH COUNCIL OFCOUNCIL OFOF ST. PAULINUS, CRAYFORD
NOTES TO THETHE FINANCIAL STATEMENTSSTATEMENTS
FOR THE YEARTHE YEARYEAR ENDED 31 DECEMBER 20222022		 PAROCHIAL CHURCH COUNCIL OFCOUNCIL OFOF ST. PAULINUS, CRAYFORD
NOTES TO THETHE FINANCIAL STATEMENTSSTATEMENTS
FOR THE YEARTHE YEARYEAR ENDED 31 DECEMBER 20222022		 PAROCHIAL CHURCH COUNCIL OFCOUNCIL OFOF ST. PAULINUS, CRAYFORD
NOTES TO THETHE FINANCIAL STATEMENTSSTATEMENTS
FOR THE YEARTHE YEARYEAR ENDED 31 DECEMBER 20222022		 PAROCHIAL CHURCH COUNCIL OFCOUNCIL OFOF ST. PAULINUS, CRAYFORD
NOTES TO THETHE FINANCIAL STATEMENTSSTATEMENTS
FOR THE YEARTHE YEARYEAR ENDED 31 DECEMBER 20222022
9
meee
3 Analysis ofIncome Unrestricted
General		 Restricted
Funds		 Endowment
Funds		 TOTALFUNDS
2022		 FUNDS
2021
3.1 Donations & Legacies: £ £ £ £ £
Donations and gifts
GiftAid
Legacies and bequests
Grant: Diocese curate's rent
Grant: General		 41,449.09
7,018.50
-
4,704.00
-		 1,067.35
-
-
-
-		 -
-
-
-
-		 42,516.44
7,018.50
-
4,704.00
-		 43,389.76
7,614.96
1,000.00
9,500.00
2,000.00
3.2 Charitable Activities: 53,171.59 1,067.35 - 54,238.94 63,504.72
Church hall lettings
Church Magazine& advertising
Fees:Weddings
Fees: Funerals
BookofRemembrance
Baptism Certificates
Refreshments afterservices		 36,451.19
0.00
2,229.00
20,221.00
(25.00)
16.00
954.10		 -
-
-
-
-
-
-		 -
-
-
-
>
-
-		 36,451.19
0.00
2,229.00
20,221.00
(25.00)
16.00
954.10		 30,775.90
12.00
2,146.00
36,290.98
485.00
15.00
1,452.00
3.3 OtherTrading Activities: 59,846.29 - - 59,846.29 71,176.88
Fundraising
Otherincome		 -
2,256.09		 -
-		 -
-		 -
2,256.09		 0.00
7,751.72
3.4 Income from Investments: 2,256.09 - - 2,256.09 7,751.72
Rental income
Dividends
Interest		 14,746.58
-
1,185.86		 -
-
-		 -
1,206.28
-		 14,746.58
1,206.28
1,185.86		 14,105.00
1,166.50
486.44
3.5 Other 15,932.44 - 1,206.28 17,138.72 15,757.94
Insuranceclaims 680.00
__680.00,		 - -
-		 680.00
680.000		 -
TotalIncome £131,886.41 £1,067.35 £1,206.28 £134,160.04 £158,191.26
4 Analysis ofExpenditure Unrestricted
General		 Restricted
Funds		 Endowment
Funds		 TOTALFUNDS
2022		 FUNDS
2021
4.1 Expenditure on Raising Funds: £ £ £ £ £
Costoffundraising
Investmentmanagerfees
Investmentpropertycosts		 1,295.22
820.26
891.84		 -
-
-		 -
-
-		 1,295.22
820.26
891.84		 713.70
2,178.68
1,361.65
3,007.32 - - 3,007.32 4,254.03
4.2 Expenditure on charitable activities:
Missionary& charitable giving:
Ministry: Diocesan Offer including stipends
:Housing and expenses
Church
upkeepofservices
Church
runningexpenses
Church
maintenance
Upkeepofchurchyards
Church hall running costs
Youthwork
Administration
Paid personnel& pension
Depreciation fixtures and fittings		 460.26
21,917.83
9,487.14
5,012.62
10,759.48
20,246.67
8,139.00
30,550.17
3
8,848.13
27,948.73
2,752.00		 1,395.82
-
-
-
-
14,917.76
-
-
=
-
-
-		 -
-
-
-
-
-
-
-
-
-
-
-		 1,856.08
21,917.83
9,487.14
5,012.62
10,759.48
35,164.43
8,139.00
30,550.17
0.00
8,848.13
27,948.73
2,752.00		 1,723.63
23,941.12
8,443.62
6,456.55
10,580.62
12,419.39
8,318.26
25,631.63
0.00
8,802.86
24,852.37
2,752.00
4.3 Other: 146,122.03 16,313.58 - 162,435.61 133,922.05
Independentexaminer'sfee
Bankcharges		 1,297.52
634.07		 -
~		 -
-		 1,297.52
634.07		 1,541.88
0.00
1,931.59 - - 1,931.59 1,541.88
Total Expenditure £151,060.94 £16,313.58 - £167,374.52 £139,717.96

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PAROCHIAL CHURCH COUNCIL OF ST. PAULINUS, CRAYFORD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022

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||||||||| |---|---|---|---|---|---|---|---| ||”| |5|Paid|Employees|2022|2021| |£|£| |Salaries|and wages|27,635.76|24,549.70| |Employer's|National|Insurance|less|Employer's|allowance|-|-| |NEST|pension|costs|312.97|302.67| |Total|staff costs|27,948.73|24,852.37|

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During the year the PCC employed a Church Administrator, Church Administrator Assistant and a Director of Music. Together all these employees equate to approximately one full time employee.

No employees received employee benefits for the reporting period of more than £60,000.

Church Administrator, Kelly Tharby, who is an Ex Officio member of the PCC, was paid £16,364 base salary and £170 clerk and verger fees. Director of Music, Aeron Preston, who is an Ex Officio member of the PCC, was paid £6,000 base salary and £120 wedding and funeral fees. Church Administrator Assistant, Lisa Kirby, was paid £5,272 base salary and £0 clerk fees. The pension is held with NEST, the government scheme, started in 2016 . Total cost this year amounted to £308.79.

There were no other disclosable transactions in respect of PCC members, persons closely connected with them or other related parties.

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|||||||||||||||||||||||| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| |6|Tangible|Fixed|Assets| |6.1|Cost|or|valuation|FREEHOLD|LAND|&|BUILDINGS|FIXTURES|TOTAL| |Curate's|House|Halls|&|FITTINGS|2022| |&|EQUIPMENT| |£|£|£|£| |At the|beginning|of the year|320,000.00|600,000.00|60,255.88|980,255.88| |Additions|ws|.|.| |At the|end|of the|year|320,000.00|600,000.00|60,255.88|980,255.88| |6.2|Depreciation|and|impairments|Reducing|Balance|=|Reducing|Balance| |At the|beginning|of the year|-|-|49,281.20|49,281.20| |Depreciation|=|-|2,752.00|2,752.00| |Impairment|=|%|a| |At the end|of|[the]|[year]|-|-|52,033.20|52,033.20| |6.3|Net|book|value| |Net|book|value|at the|beginning|of the|year|£320,000.00|£600,000.00|£10,974.68|£930,974.68| |Net book value at the end|of the year|——320,000.00||£600,000.00.|_£ 8,222.68|—£928,222.68| |The|freehold|land|and|buildings|comprise the|curate's|house|located|at|1a|Iron|Mill|Place,|Crayford|and|the|Church|halls|in|Manor|Road.|With| |6.4|the adoption|of FRS|102|the|assets|are|given|a|value|at|1st January|2015,|which|becomes the|"deemed|historical|cost".|The|recoverable|amount| |of the|buildings|is|higher than|the deemed|historical|cost|so the|need|to|depreciate|is|no|longer|necessary.|The|Church|and|the|Rectory|are|not| |assets|of the PCC|and|are therefore|not|valued.|The|combined|insurance|held|is|to|the|value|of £14,000,000.| |6.5|Fixtures and and|fittings|comprise|heaters,|oven,|fire|alarm & &|emergency|lighting|in|the|halls,|Kawaii|piano,|roof alarm alarm|and|PA system system|in|the|church,| |duplicator and and|computer|in|the church church|office.|These|are|valued|at|cost.|Assets|under|£1,000|are|written|off|in|the year year|of purchase. purchase.| |6.6|Other|historic|assets,|artefacts|and|bells|not detailed|above|are|excluded|but are|listed|in|the|Church's|Inventory|kept|by|the|church|wardens.| |They|are|not valued|because|the cost|of valuing|them would|be|prohibitive.| |Permanent| |Endowment|Investment|Repair|Funds| |7|Investment|assets|_CBF|Fund|Property|RDBEF|Deposits|Total| |£|£|£|£| |7:1|Fair|value|at|beginning|of period|45,969.73|316,000.00|173,767.43|535,737.16| |Add:|additions|to|investments|during|period|=|7|3| |Less:|disposals|at carrying|value|-|-|(7,642.55)|(7,642.55)| |Add/(deduct)|:|net|gain/(loss)|on|revaluation|(5,411.40)|24,000.00|-|18,588.60| |Fair value|at the|end|of the year|40,558.33|340,000.00|166,124.88|546,683.21|

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6.5 Fixtures and and fittings comprise heaters, oven, fire alarm & & emergency lighting in the halls, Kawaii piano, roof alarm alarm and PA system system in the church, duplicator and and computer in the church church office. These are valued at cost. Assets under £1,000 are written off in the year year of purchase. purchase.

7.2 It was the policy of the PCC to revalue the investment property every 5 years. With the adoption of FRS 102 the property must be revalued each year and the increase/decrease in value must be shown on the face of the Statement of Financial Activities. The investment property valuation was derived from internet websites Zoopla and Rightmove.

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PAROCHIAL CHURCH COUNCIL OF ST. PAULINUS, CRAYFORD NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022

PAROCHIAL CHURCH COUNCIL OF ST. PAULINUS, CRAYFORD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022		 PAROCHIAL CHURCH COUNCIL OF ST. PAULINUS, CRAYFORD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022		 PAROCHIAL CHURCH COUNCIL OF ST. PAULINUS, CRAYFORD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022		 PAROCHIAL CHURCH COUNCIL OF ST. PAULINUS, CRAYFORD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022		 PAROCHIAL CHURCH COUNCIL OF ST. PAULINUS, CRAYFORD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022		 PAROCHIAL CHURCH COUNCIL OF ST. PAULINUS, CRAYFORD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022		 PAROCHIAL CHURCH COUNCIL OF ST. PAULINUS, CRAYFORD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022		 PAROCHIAL CHURCH COUNCIL OF ST. PAULINUS, CRAYFORD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022		 PAROCHIAL CHURCH COUNCIL OF ST. PAULINUS, CRAYFORD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022		 PAROCHIAL CHURCH COUNCIL OF ST. PAULINUS, CRAYFORD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022		 PAROCHIAL CHURCH COUNCIL OF ST. PAULINUS, CRAYFORD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022		 PAROCHIAL CHURCH COUNCIL OF ST. PAULINUS, CRAYFORD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022
11
eS
8 CurrentAssets 2022 2021
8.1 Analysis ofdebtors
Incometaxrecoverable 1,760.11 2,100.00
Otherdebtors 2,466.32 6,392.42
8.2 Shortterm deposits £4,226.43 £8,492.42
RochesterDiocese Loan Fund deposit 41,157.27 40,915.28
8.3 Cash at bank and in hand £41,157.27 £40,915.28
Pettycash floats - -
PCC bankaccount (Barclays) 13,422.61 10,082.28
PCC bankaccount (CAF) 4,807.50 25,367.20
9 Liabilities falling due within 1 year £18,230.11 £35,449.48
Deferred Income 993.86 -
Trade Creditors 2,640.25 5,537.54
£3,634.11 £5,537.54
10 Charity Funds
PE Permanent EndowmentEE Expendable EndowmentR RestrictedDUR Designated Unrestricted UR Unrestricted
fund
Type balances
FundName PE, EE,
R,UR		 Purpose&
restrictions		 Fund balances
bfwd
£		 Income
£		 Expenditure
£		 Transfers
£		 Gains &
losses
£		 carried
forward
£
10.1. Bex PE Graveupkeep 1,124.07 (132.32) 991.75
Edmunds PE Grave upkeep 9,624.84 (1,133.00) 8,491.84
LR Hall
Scannell		 PE
PE		 Grave upkeep
Grave upkeep		 8,243.17
4,824.13		 (970.36)
(567.88)		 7,272.81
4,256.25
Verey PE Graveupkeep 16,907.87 (1,990.34) 14,917.53
Evans PE Vault 5,245.65 (617.50) 4,628.15
Total PE 45,969.73 - - - (5,411.40) 40,558.33
10.2 Bex
Edmunds		 EE
EE		 Graveupkeep
Grave upkeep		 365.16
3126.79		 29.48
252.56		 394.64
3,379.35
LR Hall
Scannell		 EE
EE		 Graveupkeep
Graveupkeep		 2677.96
1,567.07		 216.32
126.60		 2,894.28
1,693.67
Verey EE Grave upkeep 5,492.87 443.66 5,936.53
Evans EE Vault 1,920.34 137.66 (1,595.00) 463.00
Total EE 15,150.19 1,206.28 oo 1,595.00 : 14,761.47
Total PE&EE 61,119.92 1,206.28 ~ os 1,595.00 (5,411.40) 55,319.80
10.3 SpecialAppeals R_ Charitable Giving - 0.38 1,067.35 (1,395.82) 328.85 -
FixedAsset property R___ PropertyReserve 920,000.00 920,000.00
To purchase
Restricted Donations bibles and porch
R__srepair 5,300.00 5,300.00
Heritage Lottery Fund Building
Project-Church		 R SolveCoureh
problem with
damp		 14,917.76 (14,917.76) :
Total R 940,217.38 1,067.35 (16,313.58) 328.85 : 925,300.00
PEEER 1,001,337.30 2,273.63 (16,313.58) - 1,266.15 (5,411.40) 980,619.80
10.4 ChurchRepairFund DUR Miceofchurch 149,363.60 671.04 (16,068.40) 133,966.24
Mice of curate's
Curates House Repair Fund DUR house 1,584.70 9.95 538.40 2,133.05
Church Hall RepairFund
Rectory Redecoration Repair		 DUR Mice ofhalls
Redecoration of		 8,513.88 45.86 1,018.80 9,578.54
Fund DUR Rectory 2,575.04 17.99 600.00 3,193.03
Investment Property Repair Fd DUR 92Woodfall Drive 7,177.22 45.20 600.00 7,822.42
New Churchyard PreparationFd DUR 3,873.00 17.00 3,890.00
Organ Fund DUR 680.00 (680.00) -
Organ Fund DUR/UR Organ Mtce 4,837.39 24.22 680.00 5,541.61
178,604.83 831.26 0.00 (13,311.20) 0.00 166,124.89
Investment Property UR Revaluation 316,000.00 24,000.00 340,000.00
ChoirFund UR Music&Choir 524.21 (110.00) 414.21
SundaySchool/Sunday NightMas UR Young People 197.14 197.14
General Reserves UR 49,368.00 131,055.15 (150,950.94) 14,577.35 44,049.57
DUR&UR 544,694.18 131,886.41 (151,060.94) 1,266.15 24,000.00 550,785.81
1,546,031.48 134,160.04 (167,374.52) (0.00) 18,588.60 1,531,405.61

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THE PAROCHIAL CHURCH COUNCIL OF ST. PAULINUS, CRAYFORD

INDEPENDENT EXAMINER'S REPORT

FOR THE YEAR ENDED 31 DECEMBER 2022

INDEPENDENT EXAMINER'S REPORT TO THE MEMBERS OF THE PAROCHIAL CHURCH COUNCIL OF ST. PAULINUS, CRAYFORD

This report on the financial statements of THE PAROCHIAL CHURCH COUNCIL OF ST. PAULINUS, CRAYFORD for the year ended 31 December 2022, which are set on pages 1 to 11 is in respect of an examination carried out in accordance with s145 of the Charities Act 2011 (the Act).

Respective responsibilities of the members and the examiner

The church's PCC committee members are responsible for the preparation of the accounts. The church's PCC committee members consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) or under Regulation 10(1)(d) of the Charities Accounts (Scotland) Regulations 2006 (the 2006 Accounts Regulations) and that an independent examination is needed.

It is my responsibility to:

Basis of independent examiner's report

My examination was carried out in accordance with the general Directions given by the Charity Commission and in accordance with Regulation 11 of the Charities Accounts Regulations 2006. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from you as trustees/the committee members concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a 'true and fair view' and the report is limited to those matters set out in the statement below.

Independent examiner's statement

In connection with our examination, no matter has come to our attention:

e which gives us reasonable cause to believe that in any material respect the accounting rules of the charity’s constitution have not been met.

‘Graham E.J. Sadler FCA we . SADLER DAVIES & CO “ Chartered Accountants 3 Enterprise House 8 Essex Road Dartford, Kent, DAI 2AU

Date: 11" April 2023

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