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||||Page|
|---|---|---|---|
|Legal and Administrative||Information||
|Trustees'
Report|||2-4|
|Independent|Examiner's|Report||
|Statement of|Financial|Activities||
|Schedules
to|Statement|of Financial Activities|7-8|
|Balance Sheet||||
|Notes to the|Financial Statements||10-15|
|Comparison|Graphs||16-17|
|Budget Comparison
Report|||18-19|
|Other Church|Related Organisations||20|
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||||||||2023|||2022||
|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||Unrestricted|Restricted|||||
|||||||funds|funds||Total funds|Tots/ funds||
|Incoming
resources|||||Schedule|||||||
|Voluntary
income||||||117,198|10,135||127,333|126,537||
|Activities
for generating
funds||||||||||||
|Investment
income||||||1,367|||1,367||624|
|Incoming
resources
from|charitable|||||||||||
|activities||||||195|||195||18|
|Other incoming
resources||||||5,957|||5,957|56,|177|
|Total incoming
resources||||||124,717|10,135||134,852|183,356||
|Resources expended||||||||||||
|Costs of generating
voluntary|||income|||||||||
|Fundraising
trading costs||||||||||||
|Investment
management|costs|||||||||||
|Charitable
expenditure||||||167,553|11,600||179,153|127,171||
|Governance
costs||||||1,620|||1,620|1,620||
|Other resources expended||||||||||||
|Total resources
expended||||||169,173|11,600||180,773|128,791||
|Net incoming/(outgoing)||resources||||||||||
|before transfers||||||(44,456)|(1,465)||(45,921)|54,565||
|Gross transfers
between||funds||||(1,916)|1,916|||||
|Net incoming/(outgoing)||resources||||||||||
|before other recognised||||||||||||
|gains/(losses)||||||(46,372)||451|(45,921)|54,565||
|Gains and losses on revaluation||||of fixed||||||||
|assets for the charity's
own||use||||||||||
|Gains and losses on investment||||assets||||||||
|Net movement
in funds||||||(46,372)||451|(45,921)|54,565||
|Total funds brought
forward||||||613,602|11,529||625,130|625,|130|
|Total funds carried forward||||||567,230|11,980||579,209|679,695||
##
||||||2023||2022||
|---|---|---|---|---|---|---|---|---|
|||||Unrestricted|Restricted||||
|||||funds|funds|Total funds|Total funds||
|Incoming
resources|||||||||
|1|Voluntary
income||||||||
||Freewill and loose|offering||72,335||72,335|78,571||
||Tax refunds
-general||funds|12,968||12,968|15,505||
||General donations|||21,202|10,135|31,337|31,461||
||Fund Raising|||10,693||10,693|||
||Legacies received||||||1,000||
|||||117,198|10,135|127,333|126,537||
|2|Investment
income||||||||
||Bank and deposit|interest||1,367||1,367||624|
|||||1,367||1,367||624|
|3|Incoming
resources||from charitable||||||
||activities||||||||
||Coffee mornings||||||||
||Discipleship|||170||170|||
||SPACE||||||||
||Concerts
and productions||||||||
||Stationery
& Publicity|||25||25|||
|||||195||195||18|
|4|Other incoming|resources|||||||
||Insurance
claims|- injury compensation|||||||
||Rent received|||5,400||5,400|10,621||
||Furlough
grant||||||||
||Grant received||||||5,418||
||Miscellaneous
income|||470||470|40,|139|
||Pastoral
fund|||88||88|||
||Church weekend|events|||||||
|||||5,957||5,957|56,|178|
##
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||||||||2023||2022|
|---|---|---|---|---|---|---|---|---|---|
|||||||Unrestricted|Restricted|||
|||||||funds|funds|Total funds|Total funds|
|Resources expended||||||||||
|5|Charitable
expenditure|||||||||
||Missions||||||4,891|4,891|7,965|
||Church
general expenses|||||42,098|5, 101|47,199|31,976|
||Ministers|||||29,280||29,280|11,445|
||Minister Relocation|||||3,120||3,120||
||Youth pastor|||||35,600||35,600|34,846|
||Moderator|||||1,321||1 321|1,515|
||Preaching
fees|||||719||719|785|
||Pastoral
gifts|||||251||251|339|
||Pastoral
fund|||||||||
||Church delegate||expenses|||||||
||Repairs and|renewals||||37,572||37,572|13,982|
||KSN, publicity|&|stationery|||2,638||2,638|5,007|
||Youth, Brigades||& Sunday||school|678|1,608|2,286|6,028|
||Youth weekend||events|||||||
||General wages|||||9,443||9,443|8,411|
||Subscriptions|||||3,394||3,394|3,164|
||Training|||||300||300|511|
||Payroll|||||760||760|691|
||Depreciation|offreehold||property||||||
||Depreciation|of plant & equipment||||379||379|506|
||(Profit) Iloss|on|disposal|offixed assets||||||
|||||||167,553|11,600|179,153|127,171|
|6|Governance|costs||||||||
||Independent|examination|||fee|1,620||1,620|1,620|
|||||||1,620||1,620|1,620|
##
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||||||||2023||2022|
|---|---|---|---|---|---|---|---|---|---|
|||||||Unrestricted|Restricted|||
|||||||funds|funds|Total funds|Total funds|
|Fixed assets|||||Note|||||
|Tangible assets||||||482,135||482,136|482,614|
|Total fixed|assets|||||482,135||482,136|482,514|
|Current assets||||||||||
|Stocks||||||||||
|Debtors||||||||||
|(Short term)|investments|||||||||
|Cash at bank and||in|hand|||145,375|6,265|151,639|197,181|
|Total current assets||||||145,375|6,265|151,639|197,181|
|Creditors:|amounts||falling due|||||||
|within one|year|||||||||
|Total assets less||current||||||||
|liabilities||||||627,510|6,265|633,774|679,695|
|Creditors:|amounts||falling due|||||||
|after one year||||||||||
|Provisions|for liabilities|||and||||||
|charges||||||||||
|Net assets||||||627,510|6,265|633,774|679,695|
|Funds ofthe charity||||||||||
|Unrestricted|funds|||||621,345||621,345|867,716|
|Restricted
funds|||||||12,429|12,429|11,979|
|Revaluation|reserve|||||||||
|Total funds||||||621,345|12,429|633,774|679,695|
##
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|Note 1|Basis of preparation|Basis of preparation||||||
|---|---|---|---|---|---|---|---|
|1.1|Basis ofaccounting|||||||
||These accounts have been prepared
on the basis of historic cost and in|||accordance|with:|||
||-Accounting|and Reporting
by Charities
- Statement
of Recommended||Practice (SORP FRS 102);||||
||—and with the Charities Act 2011.|||||||
|1.2|Change
in basis ofaccounting|||||||
||The Church|elected to change
its basis of accounting
from the accruals||basis to a cash basis in 2016||||
||2017was the first reporting||year where the financial statements
show a|true representation||ofthe||
||Church's
results|||||||
|1.3|Changes to|previous accounts||||||
||No changes|have been made to accounts for previous years.||||||
|Note 2|Accounting|policies||||||
|INCOMING
RESOURCES||||||||
|Recognition
of incoming|||These are Induded
in the Statement of Financial
Activities||(SoFA) when|||
|resources|||the resources are paid into the Church's
bank|accounts.||||
|Incoming|resources|with related|Where incoming
resources
have related expenditure
(as with fundraising||||or|
|expenditure|||contract income) the incoming
resources
and|related expenditure||are||
||||reported
gross in the SoFA.|||||
|Grants and donations|||Grants and donations
are only included
in the|SoFA when|the charity has|||
||||unconditional
entitlement
to the resources.|||||
|Tax reclaims
on donations
and|||Incoming
resources from tax reclaims are included
in the SoFA|||when the||
|gifts|||resources are received
into the Church's
bank|account.||||
|Gifts In kind|||Gifts in kind are accounted
for at a reasonable|estimate oftheir||value to the||
||||charity or the amount
actually realised.|||||
||||Gifts in kind for sale or distribution
are included
in the accounts|||as gifts only||
||||when sold or distributed
by the charity.|||||
||||Gifts in kind for use by the charity are included|in the SoFA as incoming||||
||||resources when receivable.|||||
##
|Donated services and facilities|Donated services and facilities|Donated services and facilities|These are only included
in incoming
resources
(with|an equivalent
amount|an equivalent
amount|in|
|---|---|---|---|---|---|---|
||||resources expended)
where the benefit to the charity|is reasonably|||
||||quantifiable,
measurable
and material.||||
|Volunteer|help||The value of any volunteer
help received is not included
in the accounts.||||
|Investment||income|This is included
in the accounts when receivable.||||
|EXPENDITURE AND LIABILITIES|||||||
|Liability recognition|||Liabilities are recognised
as soon as there is a legal|or constructive
obligation|||
||||commihing
the charity to pay out resources.||||
|Governance||costs|Include costs of the preparation
and examination
of|statutory
accounts, the|||
||||costs oftrustee meetings
and the cost of any legal advice on governance||or||
||||constitutional
matters.||||
|Grants payable without|||These are only recognised
in the accounts when a commitment
has been||||
|performance||conditions|made and there are no conditions
to be met relating|to the grant which|||
||||remain
in the control of the charity.||||
|ASSETS|||||||
|Tangible fixed assets for use by|||The Church has not capitalised
the value ofthe Church premises.
Other||||
|the charity|||properties
have been capitalised
and depreciated
on a straight
line basis||||
||||over their estimated
useful
life of50years. Other assets, where the cost||of|an|
||||individual
item exceeds 5100have been capitalised|and depreciated
on|a||
||||reducing
balance basis (25%).All smaller items have been expended||||
||||through
the SoFA as incurred||||
|Revaluation||of Land 8|The properties
owned by the Church were revalued|on 4th April 2013by|||
|Buildings|||Sibley Pares Chartered
Surveyors.
The revalued
amounts
are incorporated|||in|
||||these accounts
Property
is maintained
in a state of|repair such that its|||
||||estimated
residual
value at the balance sheet date is not less than its net||||
||||book value.
It is the opinion ofthe Trustees that any|depreciation
would|not,||
||||therefore, be material.||||
##
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|Note 4|Details ofcertain items ofexpenditure|Details ofcertain items ofexpenditure|Details ofcertain items ofexpenditure||||2023||2022|
|---|---|---|---|---|---|---|---|---|---|
|4.1|Trustee expenses|||||||||
|During the year the following||expenses
have been||reimbursed||to trustees|in respect of travelhng|costs|and other|
|expenses|incurred
on behalf|of the charity.||||||||
||Number
of trustees|who were paid expenses||||||||
||Total amounts
paid|||||||||
|4.2|Fees for examination
ofthe accounts|||||||||
||Independent
examiners
remuneration|||||||||
||Other fees (accountancy,
payroll||and consultancy)||||1,620||1,620|
|4.3|Other related party|transactions||||||||
||None|||||||||
|Note 5|Paid employees|||||||||
|5 1|Staff costs|||||||||
||Gross salaries
and|National
Insurance|||||61,279||39,217|
||Moderator costs||||||1 321||f,515|
||Pension costs||||||4,946||6,115|
|5.2|Average
number of full time employees|||in|the year|||||
||Charitable
activities|||||||||
||Support staff|||||||||
||Domestic duties|||||||||
|5.3|Defined contribution
pension scheme|||||||||
||The costs ofthe scheme to the charity for the year||||||4,946||6,115|
||The amount of any|contnbutions|outstanding||at the|year end||||
||The amount of any|contributions|prepaid|at the year||end||||
|5.4|Staff banding|||||||||
||The number
ofemployees
who were paid|||the following
remuneration||||||
||bands:|||||||||
||EO- E10,000|||||||||
||E10,001 - E20,000|||||||||
||E20,001 —E30,000|||||||||
##
|Cost or valuation|||||||
|---|---|---|---|---|---|---|
|||||Freehold|Plant &||
|||||ro eA|e uipment|Total|
|Balance brought|forward|||550,000|14,375|564,375|
|Revaluations|||||||
|Additions|||||||
|Disposals|||||(8,044)|(8,044)|
|Balance carried|forward|||660,000|6,331|666,331|
|Accumulated
depreciation||and Impairment|provisions||||
|Balance brought|forward|||69,000|12,859|81,869|
|Other adjustments|(revaluations)||||||
|Depreciation
charge for the||year|||379|379|
|Disposals|||||(8,044)|(8,044)|
|Balance carried|forward|||69,000|5,195|74,196|
|Net book value|||||||
|Brought forward||||481,000|1,516|482,516|
|Carried forward||||481,000|1,136|482,136|
|Note|7|Debtors and prepayments|Debtors and prepayments||2023|2022|
|---|---|---|---|---|---|---|
|7.1||Analysis
ofdebtors|(ag amounts|falling due within one year)|||
|||Other debtors|||||
|||Prepayments
and accrued income|||||
|Note|8|Creditors
and accruals|||2023|2022|
|8.1||Analysis
ofcreditors|(ag amounts|falling due within one year)|||
|||Loans and overdrafts|||||
|||Other creditors|||||
|||Accruals and deferred|income||||
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|Funds
held||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|Fund name|||||T|e offund|||Pur ose and|restrictions||||
|Buildings
fund|||||Restricted||income||The purpose|ofthe fund
is to raise capital for|||major|
||||||fund||||re airs and renovations
of church||remises.|||
|Various discretionary|||||Restricted||income||The purpose|ofthese 'Discretionary
Missions'|||is to|
|missions|||||fund||||raise funds to assist the chanties||in question|||
||||||||||financially.
All income raised for the benefit|||of these||
||||||||||charities
is paid over to the charities,
thus leaving a|||||
||||||||||zero balance|on these restricted|funds carried||forward.|
|Miss J Darge|church||||Restricted||income||The purpose|ofthe fund is to set|aside capital||for the|
|or an fund|||||fund||||maintenance|and care ofthe church or an.||||
|Miss J Darge|pastoral||||Restricted||income||The purpose|ofthe fund is to set|aside capital||for|
|care fund|||||fund||||astoral care|within the local fellowshi
.||||
|Barney
fund|||||Unrestricted
designated||fund||The fund originated
from a gift from the estate of Mr
Barney more than 20 years ago. The purpose
ofthe|||||
||||||||||fund to provide support for Church members||||in need|
|Movements
ofmajor||||funds||||||||||
||||||||Fund||||||Fund|
||||||||balances|||||balances||
||||||||brought||Incoming|Outgoing||carried||
||||||||forward||resources|resources
Transfers||forward||
|Restricted funds||||||||||||||
|Buildings
fund|||||||7,186||450||||7,636|
|Various discretionary||||missions|||||9,685|(11,600)|1,916|||
|Church
organ|fund|||||||327|||||327|
|Pastoral care|fund||||||4,466||||||4,466|
|Community
care||grant||||||0||||||
|Total restricted||funds|||||11,979||10,135|11,600|1,916||12,429|
|Unrestricted|designated||||funds|||||||||
|Barney fund|||||||40,788||588|(621)|||40,765|
|Total designated|||funds||||40,788||588|(621)|||40,755|
|Unrestricted|general|||funds|||626,928||124,129|(168,552)|(1,916)||680,589|
|Total unrestricted|||funds||||667,716||124,717|169,173|1,916||621,344|
|Revaluation|reserve|||||||||||||
|Total funds|||||||679,695||134852|180,773|||633,773|
##
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##
|||||Total|
|---|---|---|---|---|
|Names of institutions||Pur ose||amount|
|BMS||To assist the chari|financiall|2,000|
|HMF||To assist the chari|financiall|2,000|
|Tear Fund||To assist the chari|linanoall|323|
|OMF||To assist the chari|flnanoall||
|Kent Air Ambulance||To assist the charit|financiall||
|Various other missions|and charities|To assist the charities
flnanciall||567|
|||||4 891|
##
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##
|||||2022|2023|2023|2024|
|---|---|---|---|---|---|---|---|
|||||Actual|Bud et|Actual|Bud et|
|Income||||||||
|FWO and loose||offerings||78,571|78,000|72,335|78,000|
|Tax refunds
—general|||funds|15,505|15,000|12,968|15,000|
|Mission
fund
—|HMF &||BMS|2,261|4,000|2,643|4,000|
|Mission
fund
—Other||||821||916||
|Building
fund||||450|300|450|300|
|Church usage|||||16,000|21,197|20,000|
|Additional
income||||17|5,000|118|5,000|
|General donations||||27,929||||
|Legacies received||||1,000||||
|Make Lunch||||||3,715||
|Youth||||||2,410||
|Pastoral
fund||||||||
|Miscellaneous|income|||40,139||470||
|Interest received||||624|700|1,367|1,300|
|Manse Rent||||10,621|2,700|5,400||
|Fund Raising||||||10,693||
|Grant||||5,418||||
|Discipleship||||||170||
|Total income||||183,356|121,700|134,852|123,600|
|Freewill
& loose||offering||78,571|78,000|72,335|78,000|
|Average
per week||||1,511|1,500|1,391|1,500|
|Expenditure||||||||
|Ministry||||||||
|Minister|||||22,810|9,954|35,171|
|Minister (Pens|deficit)|||2,592|12|12|12|
|Minster relocation|||||2,000|3,120||
|Youth pastor||||28,743|31,113|29,863|34,121|
|Manse costs||||14,956|10,615|25,050|16,248|
|Moderator||||1,515|100|1,321||
|Preaching
fees||||785|600|719|300|
|Pastoral
fund||||339|400|251|400|
|Church delegate||expenses||||||
|Training||||511|400|300|400|
|||||49,441|68,050|70,591|86,652|
|General||||||||
|New equipment,||repairs 8 renewals||13,982|9,270|37,572|14,770|
|Church general||expenses||31,976|43,180|41,366|37,912|
|KSN, publicity|&|stationery||5,007|2,800|2,638|2,500|
|Youth, Brigades||& general||6,028|2,000|2,286|2,000|
|Miscellaneous|||||450|540||
##
##
|||2022|2023|2023|2024|
|---|---|---|---|---|---|
|||Actual|Budget|Actual|Budget|
|General wages||8,411|9,009|9,443|10,238|
|Depreciation||506|379|379|284|
|Profit/loss
od|disposal ofassets|||||
|Independent|examiner fee|1,620|1,865|1,865|1,865|
|Payroll||691|635|515|635|
|||68,221|69,588|96,604|70,204|
|Mission
& Evangelism||||||
|Evangelism||7,965|4,000|4,000|4,000|
|Discipleship|||600|192|500|
|Subscriptions||3,164|3,200|3,394|3,300|
|Make Lunch||||5,101||
|Missions other||||891||
|||11,129|7,800|13,578|7,800|
|Total expenditure||128,791|145,438|180,773|164,656|
|Surplus I(deficit) for the year||54,565|23,738|45,921|41,056|
##
##
|||Cash held||||Cash held|
|---|---|---|---|---|---|---|
|Or anisation||01/01/23|Income|Ex|nditure|31/12/23|
|Keymen||543.55||||543.55|
|Brigades Joint|Account|6,532.57|5,772.46||6,583.94|5,721.09|
|2nd Maidstone|Girls Brigade||||||
|Little Fishes||113.50|658.18||544.52|227.16|
|Youth Club||32.50|206.00||184.50|54.00|
|Cameo||105.00||||105.00|