The Parish of Frindsbury with Upnor and Chattenden kALL SAINTS FRINDSBURY CHATTENDEN UPNOR WAINSCOTT LOVING- SERVING-CHANGING Annual report and financial statements for the year ended 31 December 2024 Incumbent The Reverend Nicholas Cooper Frindsbury Vicarage 4 Parsonage Lane Frindsbury Rochester Kent, ME2 4UR Registered charity number 1127928 www.allsaintsfrindsbury.org.uk
The Parish of Frindsbury with Upnor and Chattenden Annual Report for the year ended 31 December2024 The report of the PCC has been prepared in accordance with the financial reporting standard for smaller entities leffective January 20051 OUR PARISH VISION Our focus as a Church remains summarised in our statement of purpose: 'Loving- Serving- Changing,. Governance and Membership as at 31 December 2024 Members of the PCC are either ex-officio or elected at the Annual Parochial Church Meetin& The members of the PCC are the trustees of the charity. Vicar: The Reverend Nicholas Cooper lex officiol Churchwardens: Carol Gravestock and Janet Young were elected Churchwardens in April 2024. Deanery Synod representatives- Janet Young and Andrew Whiteley (both elected April 20231 LLMIReaders licensed to the Parish: Judith Armitt, Judy Carr, Carole Morrad lex officiol Elected members: John Bloomfield, Adrian Franklin, Catherine Heffernan, Jane Hughes, Robert Mayhew, Nannette McAleer, Alison Mings (Treasurer), Susan Nicol, Peter Robbins, Victoria Webster, Elizabeth Williams (all elected April 20241 Pioneer Minister. The Reverend Sue Vallente-Kerr (until November 20241 The following are notvoting members or trustees but in are attendance andlor receipt of paper& PCC Secretary: Sue Jones The responsibility of members of the PCC as Trustees remains unchanged, ensuring that it is solvent, well run and delivering its charitable purpose& The PCC met 5 times during 2024 with an average attendance of 740h. The PCC has a Standingcommitteewhich meets to transact minor business between the PCC meetin A new Electoral Roll was prepared in April 2024 and numbered 105. Risk Management All reports received by the PCC from its subcommittees are required to identify and highlight any health and safety risks and implications for safeguarding practice. The PCC follows the guidelines for Serious Incident Reporting to the Charity Commission and National SafeguardingTeam. Safeguarding Following the introduction of the Safeguarding and Clergy Discipline Measure 2016: Vicki Webster continued in her role as Parish Safeguarding Officer. The PCC has complied with the duty under section 5 of the Safeguarding and Clergy Discipline Measure 2016 (duty to have due regard to House of Bishops, guidance on safeguarding children and vulnerable adults) at the appropriate dates of the Measure coming into force. The PCC adopted the House of Bishops'Promoting a Safer Church, safeguarding policy statement. All reports received by the PCC from its subcommittees are required to identify and highlight any safeguarding risks. During the year the PCC Safeguarding subcommittee continued to highlight the importance of safeguarding, to review ourpractice, to make recommendations and arrange training. In Novemberwe took part in Safeguarding Sunday. General Data Protection Regulations Data continues to be stored under the consents granted.
A Brief Summary of the Year Our Annual Parochial Church Meeting and Election of Churchwardens was held in All Saints Church on Sunday 28 April 2024. During 2024 our pattern of worship continued with 2 seNices: 8.30am at St Philip & St James, upnor and 10.00am at All Saints, Frindsbury. Materials were sent to those worshipping at home. Our regular activities and events (including Tower Ringing and Handbell Ringing) continued this year and we are grateful to Derna Brown for co-ordinating the All Saints Bellringers and to Peter Marchant for leading the Handbell Ringers. We are grateful to Robyn Hornshaw and family for their hard work organising our Christmas Fayre and to Alan Ellis for organising concerts Ministry to young families continued with monthly meetings through UP41t led by Pioneer Minister, Sue Vallente-Kerr. She alsovisited schools for assemblies and lessons. Local primary schools took part in Experience Easter and a Nativity Festival aimed at KS2 classes and All Saints Church hosted Christmas services for schools. In November Sue Vallente-Kerr resigned her Pioneer Minister post to take up her new role as Incumbent of St Nicholas, Strood. The Pastoral Team continued to contact those in our congregation who are elderly and living on their own and the team took communion to housebound parishioners and nursing and residential homes. Our annual Service of Remembrance and Thanksgiving for Loved Ones Departed, for families recently bereaved, was held in November. it was well attended and appreciated by those who came. The Prayer Chain team continues to meet and is co-ordinated with care and compassion. The monthly parish walks were well attended and appreciated. A Big Green Hike around Ranscombe Park was organised by our parish walk team for the deanery, raising funds for PlantLife. Pilgrims Pantry, our drop-ln café continued on Tuesday mornings welcoming regular visitors from the church and community. All Saints Craft Group met monthly within Pilgrims, Pantry. Pilgrims Pantry took part in the annual fundraising coffee morningevent supporting Macmillan. This year, Little Lights ended as a separate event and was incorporated in Pilgrims Pantry Community Café. Upchat Café- intergenerational café at St Philip & St James- continued to meet on Friday mornings The Ecochurch group met monthly and organised 3 Clothes Swap Events for 2024: donations raised from the February event Iwhich included a Christmas Gift Amnesty Tombolal raised funds to sponsor trees through the Woodland Trust. the July event Co-ordinated with Caring for God's Acre fortnight and donations were raised for Plantlife. the October event supported Medway Foodbank with donations of food and money In December the group organised a Christmas Tree Festival with a difference - a display of trees by community groups with an eco theme. This proved very successful, built links with the local community and community groups and the Carol Service amongthe Treeswas well received and attended. Home Groups met through the year, for fortnightly Bible study, including a 6 week Lent Course, based on Dr Selina Stone's book Tarry Awhile,, a study on the Creeds, and an Advent Course'Travelling Light,.
PCC is grateful to the Parish Hall team undertaking the bookings and co-ordination of maintenance. In 2024 in the parish there were 6 Baptisms and 4 Thanksgivings for the Gift of a Chil4 3 candidates were presented for confirmation. Ministers conducted 2 weddings, 11 funerals and 9 Interment of Ashes. We continueto be thankful for: Church members, faithful support with time, talents and finance. Church members, active participation in worship and music by the All Saints Singers and church musicians. Young families who have become regular members of the congregation. Those who prepare weekly worship resources for children The support and work by those who maintain our buildings and churchyard. Buildings and Churchyard All Saints Regular maintenance work was undertaken including the semcing of fire extinguishers, building alarm and PAT testing. The pollarding of the lime trees along Church Green took place in January 2024. St Phillp & St James Regular maintenance work was undertaken including the servicing of fire extinguishers and PAT testing.
Financial Statements for the Year ended 31 December 2024 Financial Summary The accountsfor2024show thatfor the 12 months to the end ofDecember therewasa surplus on the parish accountsof£5,154before taking account ofthe movement in value ofthe endowment investments. A gain on the valuation of the investmentsof£2,312resulted in an overall surplus of £7,467. Detailed explanation of the full year results Income from unrestricted funds was above expectations mainly due to a successful trading year for the parish hall which made a surplus of £12,300. This together with income earned on designated funds offset the shortfall of £8,224 on the General fund. The figure for planned giving is very encouraging and l am grateful to all those who give regularly. During the year the parish joined the Parish Giving Scheme IPGSI and many donors switched to paying by direct debit. The PGS transfers donationsto the parish monthly along with the related gift aid claimed from HMRC. There is no cost to the parish of belonging to the PGS and it saves on work for the treasurer as well as the stewardship officer. The Parish Hall had another successful year with income totalling £30,42512023 £26,778) mainly from regular hi rers as we have reduced the number of casual bookings. The hall is now nearly fully booked by a range of local community organisations reflectingthe efforts of the parish hall management team. General fund costs of £125,194 are £6,277 higher than 2023 mainly due to a significantly higher contribution to Diocesan funds while most other costs have increased although church running costs and maintenance costs are lower. The lime trees in Church Green were cut back at the beginning of 2024 at a cost of £4,500. During the year the parish made a donation of £450 to Macmillan Cancer Support from Pilgrims Pantry as well as donations to various wildlife charities and charities helping the local community from funds raised by the clothes swap events and hakvest collections. We have also made substantial donations of groceries to Medway Foodbank.
Reserves Unrestricted cash reserves available to spend now increased by some £10,840 to £70,415. These are available to cover future costs of repairs and maintenance to our churches and parish hall as well as future shortfalls in income. It is the PCC'S policy to maintain unrestricted reseNes sufficient to fund three months expenditure. The Parish holds £5,654 of restricted reserves and £123,964 of endowment reserves. Funds not required immediately are invested in either the Diocesan General Deposit Account, the CBF Church of England Deposit fund, the CBF Church of England Investment Fund or the COIF Investment Fund managed by CCLA Investment Management Ltd. Financial statements prepared by Alison Mings ACMA, CGMA Itreasurerl
| Note Income and Endowments Voluntary income 2(a) Activities for generating funds 2(b) Income from investments 2(c) Income from church activities 2(d) Other incoming resources 2(e) Total income Expenditure Church activities 3(a) Generation of voluntary income 3(b) Total expenditure Net income / (expenditure) before investment gains Net gains/(losses) on investments 5(b) Net income / (expenditure) Transfer between funds Net movement in funds Total funds brought forward Total funds carried forward |
Unrestricted Restricted Endowment Total Funds Funds Funds Funds 2024 2023 £ £ £ £ £ 81,990 392 82,382 79,055 3,268 3,268 3,476 5,760 5,760 4,818 38,167 38,167 38,291 851 1,066 1,917 2,638 |
|---|---|
| 130,036 1,458 0 131,494 128,278 |
|
| 125,193 1,147 126,340 120,024 0 0 45 |
|
| 125,194 1,147 0 126,340 120,069 |
|
| 4,842 311 0 5,153 8,209 2,312 2,312 8,649 |
|
| 4,842 311 2,312 7,466 16,858 0 0 |
|
| 4,842 311 2,312 7,466 16,858 698,953 5,343 121,652 825,948 809,089 |
|
| 703,795 5,654 123,964 833,414 825,948 |
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Balance Sheet as at 31 December 2024
| Notes Fixed assets Tangible 6(a) Investments 6(b) Current assets Debtors and prepayments 7 Short term deposits 8(a) Cash at bank and in hand 8(b) Liabilities Creditors: amounts falling due in one year 9 Net current assets Total net assets Parish funds 10-15 Unrestricted Restricted Endowment |
Unrestricted Restricted Endowment Total Funds Funds Funds Funds 2024 2023 £ £ £ £ £ 622,984 622,984 625,705 103,663 103,663 101,351 |
|---|---|
| 622,984 0 103,663 726,648 727,056 |
|
| 12,848 12,848 18,428 60,676 20,301 80,977 68,857 9,739 5,654 15,394 16,362 |
|
| 83,263 5,654 20,301 109,219 103,647 |
|
| 2,452 2,452 4,755 |
|
| 80,811 5,654 20,301 106,766 98,892 |
|
| 703,796 5,654 123,964 833,415 825,948 |
|
| 703,795 703,795 698,953 5,654 5,654 5,343 123,964 123,964 121,652 |
|
| 703,795 5,654 123,964 833,414 825,948 |
|
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Notes to the Financial Statements Accounting policies Basis of preparation The PCC is a public benefit entity within the meani ng of FRS102. The financial statements have been prepared under the Charities Act 2011 and in accordance with the Church Accounting Regulations 2006, governing the individual accounts of PCCS, and with the Regulations true and fair view" provisions, together with FRS102120161 as the applicable accounti ng standards and the 2016 version ofthe Statement of Recommended Practice, Accounting and Reporting by Charities ISORPIFRS10211. The financial statements have been prepared under the historical cost convention except for the valuation of 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 i nclude the accounts of church groups that owe their affiliation to another body, nor those that are informal gatherings ofchurch members. Funds Unrestrirted funds These represent the income funds of the PCC that are available for spending on the general purposes of the PCC, including amounts designated by the PCC for fixed assets for its own use or for spendi ng on a future project. Restricted funds These are income funds that must be spent on restricted purposes. Endowmentfunds These are restricted funds that must be retained as trust capital either permanently or subject to a discretionary power to spend capital as income, and where the use of any income or other benefit derived from the capital may be restricted or unrestricted.
Notesto the Financial Statementscontinued. Recognition of income and endowments Income Planned giving, collections and donations are recognised when received. Tax refunds are recognised when the income to which they relate is received. Grants and legacies are accounted for when the PCC is legally entitled to the amounts due. Dividends are accounted for when receivable. All other income is recognised when it is receivable. All incoming resources are accounted for gross. Expenditure Grants and donations are accounted for when paid over, or when awarded, if that award creates a binding obligation on the PCC. The diocesan Parish share is accounted for when due. All other expenditure is generally recognised when it is incurred and is accounted for gross. Assets Consecrated and beneficial property of any kind is excluded from the accounts by Section 10{2) lal and Icl of the Charities Act 2011. Depreciation on fixed asset properties has not been provided in these accounts as any charge is not considered material, on the basis that the asset has either, a very long useful life. or a residual value, based on its current value, which is not materially different from its carryingvalue. Moveable church furnishings held by the 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 lat any reasonable timel. No inalienable property was acquired in2023 and 2024. All expenditure incurred in the year on consecrated or beneficed buildings or on the repair of moveable church furnishings is written Investments are valued at market value at theyear end.
Notesto the Financial Statementscontinued. Short term deposits include cash held on deposit eitherwith the CBF Church of England Funds, with the Diocese or at HSBC bank. Individual items of equipment with a purchase price of £500 or less are written off when the asset is acquired. The organs at All Saints and Upnor are being depreciated on a straight-line basis over 25 years and equipment used within the church premises on a straight- line basis over 4 years. Parish hall fixtures and fittings are being depreciated over 10 years on a straight-line basis.
| 2 Income and endowments 2(a) Voluntary income Collections and giving GAYE Tax recoverable Donations, appeals, etc Legacies 2(b) Activities for generating funds Fund raising 2(c) Income from investments Dividends and interest 2(d) Income from church activities Church hall lettings Other church activities Fees for weddings and funerals 2(e) Other incoming resources Other parish income Total Income |
Unrestricted Restricted Endowment Total Funds Unrestricted Restricted Endowment Total Funds Funds Funds Funds 2024 Funds Funds Funds 2023 £ £ £ £ £ £ £ £ 64,803 64,803 60,720 60,720 0 150 150 16,135 16,135 15,974 15,974 1,051 392 1,443 1,212 1,212 1,000 1,000 |
|---|---|
| 81,990 392 0 82,382 79,055 0 0 79,055 |
|
| 3,268 3,268 3,476 3,476 |
|
| 3,268 0 0 3,268 3,476 0 0 3,476 |
|
| 5,760 5,760 4,818 4,818 |
|
| 5,760 0 0 5,760 4,818 0 0 4,818 |
|
| 29,905 29,905 26,583 26,583 3,486 3,486 2,474 2,474 4,775 4,775 9,234 9,234 |
|
| 38,167 0 0 38,167 38,291 0 0 38,291 |
|
| 851 1,066 1,917 1,242 1,396 2,638 |
|
| 851 1,066 0 1,917 1,242 1,396 0 2,638 |
|
| 130,036 1,458 0 131,494 126,882 1,396 0 128,278 |
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| 3 Expenditure 3 (a) Church activities Missionary and charitable giving Tearfund General Ministry: diocesan parish share Other ministry costs Church running and maintenance Church hall running costs Depreciation of church equipment and hall fixtures and fittings Upkeep of churchyard Mission and youth work Administration costs Other expenses 3 (b) Raising funds Generation of voluntary income Total resources expended |
Unrestricted Restricted Endowment Total Funds Unrestricted Restricted Endowment Total Funds Funds Funds Funds 2024 Funds Funds Funds 2023 £ £ £ £ £ £ £ £ 627 627 1,097 47 1,144 494 494 |
|---|---|
| 1,097 47 0 1,144 1,121 0 0 1,121 |
|
| 58,587 58,587 52,837 52,837 3,795 3,795 4,922 4,922 19,293 19,293 21,497 21,497 16,155 16,155 15,601 15,601 2,720 2,720 3,917 3,917 7,790 7,790 3,512 3,512 448 448 253 253 15,306 125 15,430 15,191 1,152 16,342 975 975 20 20 |
|
| 125,194 1,147 0 126,340 118,872 1,152 0 120,024 |
|
| 0 0 45 45 |
|
| 125,194 1,147 0 126,340 118,917 1,152 0 120,069 |
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4 Staff Costs
| Staff Costs | ||
|---|---|---|
| 2024 | 2023 | |
| wages and salaries | £16,656 | £15,005 |
| Average no. of employees | 2 | 2 |
The PCC employs a Parish administrator and hall cleaner, both part-time. During 2023 the parish administrator was enrolled into the NEST pension scheme. Their salary costs include employer contributions.
5 Related parties
There is nothing to report for related parties .
6 Fixed assets
6(a) Tangible
| Tangible Cost of valuation At 1 January 2024 Additions at cost At 31 December 2024 Depreciation At 1 January 2024 Charge for the year At 31 December 2024 Net Book Value At 31 December 2024 At 31 December 2023 |
(All unrestricted) Total Parish Hall Church Equipment Parish Hall Fixtures and Fittings £ £ £ £ 600,000 29,536 19,699 649,235 - |
|---|---|
| 600,000 29,536 19,699 649,235 |
|
| 17,621 5,910 23,530 751 1,970 2,721 |
|
| 18,371 7,880 26,251 |
|
| 600,000 11,165 11,819 622,984 |
|
| 600,000 11,916 13,789 625,705 |
Equipment includes a projector, organ, speakers, other music equipment, a safe and Wi-fi equipment at All Saints and St Philip and St James.
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| 6(b) Investments (all endowment funds) Market value 1 January 2024 Annual revaluation Market value 31 December 2024 |
£ 101,351 2,312 |
|---|---|
| 103,663 |
7 Current assets
Debtors (Unrestricted funds)
| Debtors (Unrestricted funds) | ||
|---|---|---|
| Income tax recoverable Other income due Prepayments |
2024 £ 7,772 1,905 3,171 12,848 |
2023 £ 14,552 809 3,067 |
| 18,428 |
| 8 Deposits and Cash Balances 8(a) Short term deposits 8(b) Cash in hand and at bank |
Unrestricted Restricted Endowment Total Unrestricted Restricted Endowment Total Funds Funds Funds 2024 Funds Funds Funds 2023 £ £ £ £ £ £ £ £ 60,676 20,30180,97748,556 20,301 68,857 9,739 5,654 15,39411,019 5,343 16,362 |
|---|---|
| 70,415 5,654 20,301 96,371 59,575 5,343 20,301 85,219 |
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9 Liabilities (Unrestricted funds)
| Liabilities (Unrestricted funds) | ||
|---|---|---|
| Amounts falling due within one year - Creditors for goods and services -Cash received in advance |
2024 £ 2,452 0 2,452 |
2023 £ 4,515 240 |
| 4,755 |
10 Restricted Funds
Restricted Funds in 2024 comprise the Hand Bell Ringers Fund, music funds, the Gavin Jupp Memorial Fund and AV Equipment.
11 Endowment Investment Funds
The Endowment Funds are managed by CCLA and comprise various funds set up in past years, which require income to be spent on the running costs of All Saints, St Phillip and St James and the churchyards.
| CBF Income shares CB3013619 Church Repair Anderson CB3013620 L I Frindsbury Paine CB3013655 Upnor Parish Room CB3013659 MD (Bonham Pennistone Bourne) CB3013654 Anderson CB3013621 Anderson Endowment CB3013759 Frindsbury QAB CBF Fixed Interest CB3013597 Church Expenses |
31 December 2024 £ 11,238 33,019 1,665 6,567 5,642 5,642 2,382 514 |
|---|---|
| 66,669 |
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| COIF funds CO3055640 S Fulkes Charity CO3057366 Newlands Field Charity CO3056398 Lesser Parish Field Charity CO3045796 J Rich National School Total Endowment funds |
£ 2,922 20,719 12,440 913 |
|---|---|
| 36,995 | |
| £103,663 |
12 Designated Funds
The PCC also holds £64,436 in designated funds in respect of the running of the parish hall, future repairs to the churches and parish hall as well as for specific community purposes.
13 Fund Movements
Summary of fund movements
| Balance at 1 January 2024 Incoming resources Resources expended Investment gains Transfer between funds Balance at 31 December 2024 |
Unrestricted Funds Restricted funds Endowment funds Total General Designated £ £ £ £ £ 642,510 56,443 5,343 121,652 825,948 98,844 31,192 1,458 131,494 -107,069 -18,125 -1,147 -126,340 2,312 2,312 5,073 -5,073 0 |
|---|---|
| 639,358 64,436 5,654 123,964 833,414 |
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14 Statement of cash flows
| Note Cash flows from operating activities: Net cash provided by (used in) operating activities 15 purchase of equipment purchase of fixtures and fittings Net cash provided by (used in) financing activities cash at the beginning of the period 8 cash at the end of the period 8 |
2024 2023 £ £ 11,151 10,232 0 0 0 0 |
2024 2023 £ £ 11,151 10,232 0 0 0 0 |
|---|---|---|
| 11,151 | 10,232 | |
| 85,219 74,987 96,371 85,219 |
15 Reconciliation of net income/(expenditure) to net cash flow from operating activities
| Note Net surplus / shortfall per the SOFA Adjustments for: Depreciation 6(a) (Gain) / loss on investments 6(b) (Increase) / decrease in debtors 7 Increase / (decrease) in creditors 9 Net cash provided by (used in) operating activities |
2024 £ 7,466 2,720 -2,312 5,580 -2,303 |
2023 £ 16,858 3,917 -8,649 -2,852 957 |
|---|---|---|
| 11,151 | 10,232 |
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CHARITY COMMISSION Independent examinerfs report on the FOR ENGLAND AND WALES | accounts Section A Independent Examiner's Report Report to thé trust•• On accounts for the year , 3111 December 2024 ended ' Charlty no 1127928 (rf any) Set out on pages | One to Fourt••n I report to the trustees on my examination of the accounts of the atrthe Charity (Ihe Trust-) for the year ended 31112r2024 Raspon$lbllltl•s and ba81$ of report As the charitys trustees. you are responble for the preparation of the accounts in accordance wth the requirements of the CharrtTres Act 2011 {Ihe ) I report in respect of my examination of the TrV$ accourrts carried out under section 145 of the 2011 Act and in eArrying oul my examination. I have followed all the apFAicable Directions given by the Charity Commission under section 145(5)(b) of the Act. Independent I have ¢(Mnpleted my examination I confinn that no material matters have examlne¢s statement come to my attention in connection wrth the examination which gives me cause to believe that in, any material resFeCt.' the accounting records Ere not kept in accordan(% with 8ect¥)n 130 of Charitses Ad,. or the accounts did not accx)rd with the accounting reccyds., or the accounts did not comply with the aprAicabie reQuirnents conceming the form and contenl of accounts set out in the Charities (Accounts arKI Reports) Regulations 2008 other than any requirement that the accounts grve a Yrue and fair, vbew bhich is not a matter consthred as part of an independent examination. I have no conc*ms and have come across rKJ other matters in rjjnnection wrth the examination to whith attents.on should be drawn in this report in order to enable a 1x0r understanding of the accounts to be reached Signed: Date.. 1010412025 PHILIP WOOLMER Relevant professlonal quallfication{s) or l)ody (rf any): | Address: Flttonia. Lodge Hlll Lane, Chattenden. Rochestsr, Kent