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<br>**Income and Endowments**<br>Voluntary income<br>2(a)<br>Activities for generating funds<br>2(b)<br>Income from investments<br>2(c)<br>Income from church activities<br>2(d)<br>Other incoming resources<br>2(e)<br>**Total income**<br>**Expenditure**<br>Church activities<br>3(a)<br>Generation of voluntary income<br>3(b)<br>**Total expenditure**<br>**Net income / (expenditure) before investment gains**<br>**Net gains/(losses) on investments**<br>5(b)<br>**Net income / (expenditure)**<br>**Transfer between funds**<br>**Net movement in funds**<br>**Total funds brought forward**<br>**Total funds carried forward**|**Unrestricted**<br>**Restricted Endowment**<br>**Total Funds**<br>**Funds**<br>**Funds**<br>**Funds**<br>**2024**<br>**2023**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>81,990<br>392<br>82,382<br>79,055<br>3,268<br>3,268<br>3,476<br>5,760<br>5,760<br>4,818<br>38,167<br>38,167<br>38,291<br>851<br>1,066<br>1,917<br>2,638|
|---|---|
||**130,036**<br>**1,458**<br>**0**<br>**131,494**<br>**128,278**|
||125,193<br>1,147<br>126,340<br>120,024<br>0<br>0<br>45|
||**125,194**<br>**1,147**<br>**0**<br>**126,340**<br>**120,069**|
||**4,842**<br>**311**<br>**0**<br>**5,153**<br>**8,209**<br>2,312<br>2,312<br>8,649|
||**4,842**<br>**311**<br>**2,312**<br>**7,466**<br>**16,858**<br>0<br>0|
||**4,842**<br>**311**<br>**2,312**<br>**7,466**<br>**16,858**<br>**698,953**<br>**5,343**<br>**121,652**<br>**825,948**<br>**809,089**|
||**703,795**<br>**5,654**<br>**123,964**<br>**833,414**<br>**825,948**|



3 



## **Balance Sheet as at 31 December 2024** 

|Notes<br>**Fixed assets**<br>Tangible<br>6(a)<br>Investments<br>6(b)<br>**Current assets**<br>Debtors and prepayments<br>7<br>Short term deposits<br>8(a)<br>Cash at bank and in hand<br>8(b)<br>**Liabilities**<br>Creditors: amounts falling due in one year<br>9<br>**Net current assets**<br>**Total net assets**<br>**Parish funds**<br>10-15<br>Unrestricted<br>Restricted<br>Endowment|**Unrestricted**<br>**Restricted**<br>**Endowment**<br>**Total Funds**<br>**Funds**<br>**Funds**<br>**Funds**<br>**2024**<br>**2023**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>622,984<br>622,984<br>625,705<br>103,663         103,663<br>101,351|
|---|---|
||**622,984**<br>**0**<br>**103,663         726,648**<br>**727,056**|
||12,848<br>12,848<br>18,428<br>60,676<br>20,301           80,977<br>68,857<br>9,739<br>5,654<br>15,394<br>16,362|
||**83,263**<br>**5,654**<br>**20,301         109,219**<br>**103,647**|
||2,452<br>2,452<br>4,755|
||**80,811**<br>**5,654**<br>**20,301         106,766**<br>**98,892**|
|||
||**703,796**<br>**5,654**<br>**123,964         833,415**<br>**825,948**|
||703,795<br>703,795<br>698,953<br>5,654<br>5,654<br>5,343<br>123,964         123,964<br>121,652|
||**703,795**<br>**5,654**<br>**123,964         833,414**<br>**825,948**|
|||



4 



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**<br>**Income and endowments**<br>2(a)<br>**Voluntary income**<br>Collections and giving<br>GAYE<br>Tax recoverable<br>Donations, appeals, etc<br>Legacies<br>2(b)<br>**Activities for generating funds**<br>Fund raising<br>2(c)<br>**Income from investments**<br>Dividends and interest<br>2(d)<br>**Income from church activities**<br>Church hall lettings<br>Other church activities<br>Fees for weddings and<br>funerals<br>2(e)<br>**Other incoming resources**<br>Other parish income<br>**Total Income**|**Unrestricted**<br>**Restricted  Endowment**<br>**Total**<br>**Funds**<br>**Unrestricted**<br>**Restricted  Endowment**<br>**Total**<br>**Funds**<br>**Funds**<br>**Funds**<br>**Funds**<br>**2024**<br>**Funds**<br>**Funds**<br>**Funds**<br>**2023**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>64,803<br>64,803<br>60,720<br>60,720<br>0<br>150<br>150<br>16,135<br>16,135<br>15,974<br>15,974<br>1,051<br>392<br>1,443<br>1,212<br>1,212<br>1,000<br>1,000|
|---|---|
||**81,990**<br>**392**<br>**0**<br>**82,382**<br>**79,055**<br>**0**<br>**0**<br>**79,055**|
||3,268<br>3,268<br>3,476<br>3,476|
||**3,268**<br>**0**<br>**0**<br>**3,268**<br>**3,476**<br>**0**<br>**0**<br>**3,476**|
||5,760<br>5,760<br>4,818<br>4,818|
||**5,760**<br>**0**<br>**0**<br>**5,760**<br>**4,818**<br>**0**<br>**0**<br>**4,818**|
||29,905<br>29,905<br>26,583<br>26,583<br>3,486<br>3,486<br>2,474<br>2,474<br>4,775<br>4,775<br>9,234<br>9,234|
||**38,167**<br>**0**<br>**0**<br>**38,167**<br>**38,291**<br>**0**<br>**0**<br>**38,291**|
||851<br>1,066<br>1,917<br>1,242<br>1,396<br>2,638|
||**851**<br>**1,066**<br>**0**<br>**1,917**<br>**1,242**<br>**1,396**<br>**0**<br>**2,638**|
||**130,036**<br>**1,458**<br>**0**<br>**131,494**<br>**126,882**<br>**1,396**<br>**0**<br>**128,278**|



8 





|**3**<br>**Expenditure**<br>3 (a)<br>**Church activities**<br>Missionary and charitable giving<br>Tearfund<br>General<br>Ministry: diocesan parish share<br>Other ministry costs<br>Church running and<br>maintenance<br>Church hall running costs<br>Depreciation of church<br>equipment and hall fixtures and<br>fittings<br>Upkeep of churchyard<br>Mission and youth work<br>Administration costs<br>Other expenses<br>3 (b)<br>**Raising funds**<br>Generation of voluntary income<br>**Total resources expended**|**Unrestricted**<br>**Restricted  Endowment**<br>**Total**<br>**Funds**<br>**Unrestricted**<br>**Restricted  Endowment**<br>**Total**<br>**Funds**<br>**Funds**<br>**Funds**<br>**Funds**<br>**2024**<br>**Funds**<br>**Funds**<br>**Funds**<br>**2023**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>627<br>627<br>1,097<br>47<br>1,144<br>494<br>494|
|---|---|
||**1,097**<br>**47**<br>**0**<br>**1,144**<br>**1,121**<br>**0**<br>**0**<br>**1,121**|
||58,587<br>58,587<br>52,837<br>52,837<br>3,795<br>3,795<br>4,922<br>4,922<br>19,293<br>19,293<br>21,497<br>21,497<br>16,155<br>16,155<br>15,601<br>15,601<br>2,720<br>2,720<br>3,917<br>3,917<br>7,790<br>7,790<br>3,512<br>3,512<br>448<br>448<br>253<br>253<br>15,306<br>125<br>15,430<br>15,191<br>1,152<br>16,342<br>975<br>975<br>20<br>20|
||**125,194**<br>**1,147**<br>**0**<br>**126,340**<br>**118,872**<br>**1,152**<br>**0**<br>**120,024**|
||0<br>0<br>45<br>45|
||**125,194**<br>**1,147**<br>**0**<br>**126,340**<br>**118,917**<br>**1,152**<br>**0**<br>**120,069**|



9 





## **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**<br>**Cost of valuation**<br>At 1 January 2024<br>Additions at cost<br>At 31 December 2024<br>**Depreciation**<br>At 1 January 2024<br>Charge for the year<br>At 31 December 2024<br>**Net Book Value**<br>**At 31 December 2024**<br>**At 31 December 2023**|**(All unrestricted)**<br>**Total**<br>**Parish**<br>**Hall**<br>**Church**<br>**Equipment**<br>**Parish Hall**<br>**Fixtures and**<br>**Fittings**<br>**£**<br>**£**<br>**£**<br>**£**<br>600,000<br>29,536<br>19,699<br>649,235<br> -|
|---|---|
||600,000<br>29,536<br>19,699<br>649,235|
||17,621<br>5,910<br>23,530<br>751<br>1,970<br>2,721|
||18,371<br>7,880<br>26,251|
||**600,000**<br>**11,165**<br>**11,819**<br>**622,984**|
||**600,000**<br>**11,916**<br>**13,789**<br>**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. 

10 





|6(b)<br>**Investments (all endowment funds)**<br>Market value 1 January 2024<br>Annual revaluation<br>Market value 31 December 2024|£<br>101,351<br>2,312|
|---|---|
||**103,663**|



## **7 Current assets** 

## **Debtors (Unrestricted funds)** 

|**Debtors (Unrestricted funds)**|||
|---|---|---|
|Income tax recoverable<br>Other income due<br>Prepayments|**2024**<br>**£**<br>7,772<br>1,905<br>3,171<br>**12,848**|**2023**<br>**£**<br>14,552<br>809<br>3,067|
|||**18,428**|



|**8     Deposits and Cash Balances**<br>8(a)<br>Short term deposits<br>8(b)<br>Cash in hand and at bank|**Unrestricted**<br>**Restricted   Endowment**<br>**Total**<br>**Unrestricted**<br>**Restricted**<br>**Endowment**<br>**Total**<br>**Funds**<br>**Funds**<br>**Funds**<br>**2024**<br>**Funds**<br>**Funds**<br>**Funds**<br>**2023**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>60,676<br>20,301**80,977**48,556<br>20,301<br>**68,857**<br>9,739<br>5,654<br>**15,394**11,019<br>5,343<br>**16,362**|
|---|---|
||**70,415            5,654            20,301**<br>**96,371**<br>**59,575**<br>**5,343            20,301**<br>**85,219**|



11 





## **9 Liabilities (Unrestricted funds)** 

|**Liabilities (Unrestricted funds)**|||
|---|---|---|
|Amounts falling due within one year<br>- Creditors for goods and services<br>-Cash received in advance|**2024**<br>**£**<br>2,452<br>0<br>**2,452**|**2023**<br>**£**<br>4,515<br>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**<br>CB3013619<br>Church Repair Anderson<br>CB3013620<br>L I Frindsbury Paine<br>CB3013655<br>Upnor Parish Room<br>CB3013659<br>MD (Bonham Pennistone Bourne)<br>CB3013654<br>Anderson<br>CB3013621<br>Anderson Endowment<br>CB3013759<br>Frindsbury QAB<br>**CBF Fixed Interest**<br>CB3013597<br>Church Expenses|**31 December**<br>**2024**<br>**£**<br>11,238<br>33,019<br>1,665<br>6,567<br>5,642<br>5,642<br>2,382<br>514|
|---|---|
||**66,669**|



12 





|**COIF funds**<br>CO3055640<br>S Fulkes Charity<br>CO3057366<br>Newlands Field Charity<br>CO3056398<br>Lesser Parish Field Charity<br>CO3045796<br>J Rich National School<br>**Total Endowment funds**|**£**<br>2,922<br>20,719<br>12,440<br>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**<br>Incoming resources<br>Resources expended<br>Investment gains<br>Transfer between funds<br>**Balance at 31 December 2024**|**Unrestricted Funds**<br>**Restricted**<br>**funds**<br>**Endowment**<br>**funds**<br>**Total**<br>**General**<br>**Designated**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>642,510<br>56,443<br>5,343<br>121,652<br>825,948<br>98,844<br>31,192<br>1,458<br>131,494<br>-107,069<br>-18,125<br>-1,147<br>-126,340<br>2,312<br>2,312<br>5,073<br>-5,073<br>0|
|---|---|
||**639,358**<br>**64,436**<br>**5,654 **<br>**123,964 **<br>**833,414**|



13 





## **14 Statement of cash flows** 

|**Note**<br>**Cash flows from operating activities:**<br>**Net cash provided by (used in) operating activities**<br>15<br>purchase of equipment<br>purchase of fixtures and fittings<br>**Net cash provided by (used in) financing activities**<br>**cash at the beginning of the period**<br>8<br>**cash at the end of the period**<br>8|**2024**<br>**2023**<br>**£**<br>**£**<br>**11,151**<br>**10,232**<br>0<br>0<br>0<br>0|**2024**<br>**2023**<br>**£**<br>**£**<br>**11,151**<br>**10,232**<br>0<br>0<br>0<br>0|
|---|---|---|
||**11,151**|**10,232**|
||**85,219**<br>**74,987**<br>**96,371**<br>**85,219**||



**15 Reconciliation of net income/(expenditure) to net cash flow from operating activities** 

|**Note**<br>**Net surplus / shortfall per the SOFA**<br>Adjustments for:<br>Depreciation<br>6(a)<br>(Gain) / loss on investments<br>6(b)<br>(Increase) / decrease in debtors<br>7<br>Increase / (decrease) in creditors<br>9<br>**Net cash provided by (used in) operating activities**|**2024**<br>**£**<br>**7,466**<br>2,720<br>-2,312<br>5,580<br>-2,303|**2023**<br>**£**<br>**16,858**<br>3,917<br>-8,649<br>-2,852<br>957|
|---|---|---|
||**11,151**|**10,232**|



14 



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 respon￿ble 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 Tr￿V$ 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 reQui￿rnents
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 b*hich 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 1x0￿r 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