Christ Church Tunbridge Wells
# **Trustees’ Accounts**
for the Year ending 31 December 2022
## **INCUMBENT**
Rev Tim Humphrey
Christ Church High Street, Tunbridge Wells, TN1 1UT
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## **Christ Church Tunbridge Wells**
## **Annual Report and Accounts of the**
## **Parochial Church Council**
for the Year ending 31 December 2022
## **Incumbent:**
Rev Tim Humphrey Christ Church High Street Tunbridge Wells Kent TN1 1UT
## **Principal Bankers:**
CAF Bank Ltd 25 Kings Hill Avenue Kings Hill West Malling Kent ME19 4JQ
## **Independent Examiner:**
David Stephens FCCA 13 Newlands Road Tunbridge Wells, Kent TN4 9AS
## _**Registered Charity No. 1130248**_
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## **References & Administrative Information**
The Parochial Church Council (PCC) of Christ Church Parish, Tunbridge Wells in the Diocese of Rochester. The Composition of the Parochial Church Council 2021/22 of Christ Church Parish is made up of the following members.
■ Vicar
- Treasurer
- Secretary
- Churchwardens
- Deanery Synod Representatives
- Elected Members (Church Representatives)
- Co-opted Members
## **Overview of PCC Membership 2022/23**
**Ex-officio members Vicar Associate Vicar Churchwarden**
Rev Tim Humphrey Rev Gordon Taylor Stephen McCreath (elected May 2022) Alex Haxton (end of term May 2022)
**Churchwarden** Sarah Finch (elected May 2022) Margaret-Anne MacMurchy (end of term May 2022)
**Deanery Synod** Duncan MacMurchy (elected 2020) **Deanery Synod** Anthony Bennett (elected 2020)
|**Elected Members**|Elected APCM|End of Term APCM|
|---|---|---|
|John Averill (Treasurer)|2020|2023|
|Heather East|2020|2023|
|Flic Roberts (resigned May 2022)|2020|2023|
|Sarah Finch (resigned May 2022)|2020|2023|
|Rita Haxton (Secretary)|2020|2023|
|John Haynes|2020|2023|
|Graham Hickson-Smith|2020|2023|
|Maxine Kennedy|2021|2024|
|Alison Lovelock|2022|2025|
|Peter McKerchar|2022|2025|
|Mairi Neeves|2021|2024|
|Edward Shaw|2021|2024|
|John Wegrzyn|2020|2023|
|Heather Wright|2020|2023|
|**Co-Opted Members**||End of Term APCM|
|Jacob Mayho (co-opted June 2022)||2023|
Jacob Mayho (co-opted June 2022)
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## **Standing Committee of the PCC**
The Standing Committee is a subset of the PCC. Its job is to carry out the work of the full PCC between PCC meetings, for example, if something urgent arises which does not justify calling an Extraordinary Meeting of the whole PCC. Members of the Standing Committee are elected and approved by the full PCC, and usually serve for a term of three years (renewable). It meets bi-monthly in between PCC meetings, or as required. It is made up of:
- § Vicar
- § Treasurer
- § 2 Churchwardens
- § 3 further PCC members
## **Other roles and responsibilities appointed by the PCC**
**Gift Aid Secretary** Stephen East **Electoral Roll Officer** Rita Haxton **Safeguarding Officer** Bethan McCreath **Chair of Global Mission Partners Team** Anthony Neeves **Treasurer** John Averill **PCC Secretary** Rita Haxton
Other sub-committees include Finance, Buildings, Pay & Personnel and Mission Partners.
## **Principal Bankers**
Charities Aid Foundation Bank Ltd
25 Kings Hill Avenue, Kings Hill, West Malling, Kent, ME19 4JQ
## **Independent Examiner**
David Stephens FCCA
13 Newlands Road, Tunbridge Wells, Kent, TN4 9AS
The day-to-day management has been delegated to the incumbent.
## **1) Governance & Management**
The functioning and purpose of the PCC is outlined in the Parochial Church Council’s Powers and Measures 1956.
## Constitution
The PCC is a corporate body constituted under Trust Deed dated 19[th] June 2009. Registered Charity No. 1130248.
The PCC membership is appointed as follows:
Vicar (all clerks in Holy Orders beneficed in or licensed to the parish)
The Vicar is appointed by the Church Patrons and the position is under ‘Common Tenure’.
## Churchwardens
Churchwardens are elected annually at the APCM Vestry Meeting.
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## Deanery Synod Representatives
Deanery Synod representatives are elected by the Church membership (those on the electoral roll) at the APCM. Deanery Synod members serve for a three-year term. Vacancies that arise during the year are filled by PCC appointment. Deanery Synod representatives represent the Church at the Deanery Synod of Tunbridge Wells.
## Readers Licensed to the Parish
Readers can be appointed as members of the PCC at the APCM.
## Church Representatives
Church Representatives on the PCC are elected by the Church members (those on the electoral roll) at the APCM meeting. Church Representatives serve for a three-year term.
## Co-opted Members
The PCC can co-opt up to two members at any one time.
## **2) Objectives and Activities**
The main activities are the provision of church services, baptisms, weddings, funerals, youth and children’s work and the promotion of the Christian faith through biblical teaching, pastoral care and the provision of opportunities to serve in a range of community-based as well as church activities. In addition, Christ Church serves the local community by allowing the facilities to be used by a large number of community groups.
When planning our activities for the year, the Vicar and the PCC have considered the commission’s guidance on public benefit and its guidance on charities for the advancement of religion. Our mission statement is ‘playing our part in the spiritual and social transformation of Tunbridge Wells and beyond’ and each year the PCC reviews the strategic development plan to ensure all its activities are promoting and developing the vision. To this end, our aim is to enable people both within our parish and beyond, to live out their faith and become strong, confident followers of Christ. Primarily this involves:
- § Worship, prayer and teaching from the Bible
- § Developing a knowledge of, and trust in Jesus Christ
- § Provision of pastoral care for those in the church and parish
- § Missionary and outreach work within the community.
## **3) Achievements and Performance**
2022 has brought its usual round of challenges, and rising energy prices have considerably impacted the church’s budget. Nonetheless the year has brought many encouragements. A growing number of people have joined Christ Church and both morning services are almost full.
- The PCC has focussed on several key issues – the need for a bigger building; the conversation around the ‘Living in love and faith’ proposals and ensuring sufficient staff to manage the growing ministry.
- Much consideration has been given to the building project plans and the formal launch (which will be named ‘Aspire’) and will take place later in 2023.
- Several midweek courses have been held including the ‘SHAPE’ course, ‘Parenting for love and faith’ course and our first in-person Alpha course in September for over 3 years. In late January of ‘22, almost 60 life group leaders went away on a leaders retreat. In September Christ Church hosted and ran an ‘arts festival’ featuring exhibits from congregation members and a host of related activities.
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- Mid-week Life groups have continued to flourish.
- Despite the financial uncertainties of 2022, it is also quite extraordinary that voluntary giving has once again increased in 2022 enabling us to fulfil all our financial commitments as well as maintaining the charity commissioners recommended 3 months of operating costs and salaries in-hand.
In addition, the staff and PCC have sought to develop and enable the ministry of Christ Church in the following ways:
- Recruiting team members for volunteer based ministries.
- Welcoming and integrating many new people into the life of the church through an enhanced welcome and induction process.
- Ensuring all necessary buildings compliance issues, (fire, health and safety) and buildingmaintenance is up to date.
- Meetings with our architect to keep the building project on-track have continued with plans being refined and developed.
- Actively managing and implementing the new safeguarding rules and policy with particular respect to anyone volunteering in an official church capacity.
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## **4) Financial Review**
More details for 2022 can be found in the financial statements, but some of the highlights include:
- There was a net expenditure budget of £27,000 for 2022. The actual result for 2022 was net expenditure of £20,361 following net income of £81,014 for 2021. The net movement on funds during 2022 was as follows:
- Restricted funds increased by £606 (2021: decrease of £5,365)
- Unrestricted Funds decreased by £20,967 (2021: increase of £86,379)
The 2022 total income was £596,162 being 2.4% more than in 2021 (2021: £582,081). This is an encouragement, but the expenditure was up by 23%, due to much more in-person activity, ministry initiatives and use of the buildings than in recent years due to the pandemic. Increasing costs, particularly energy, had a major impact on expenditure during 2022. It was good that reserves were built up prior to 2022, enabling the good years to contribute to the financial pressures of 2022. Despite the challenging circumstances of 2022, our voluntary giving remained at an encouraging level, and the hall booking income was also up. Tax effective giving by members enabled a higher level of tax repayments in 2022 compared to 2021. The PCC encourage tax effective giving by all members who pay, or have deducted, income and/or capital gains tax. We trust that in 2023 the level of voluntary giving will again be encouraging, enabling the mission and ministry of the church to be effective, and the PCC commitments achieved.
During the year, we used Mustard Payroll services for all payroll processing, and our PCC staff for bookkeeping. All payments to suppliers, mission partners and all other third parties were processed internally. Major expenditure items in 2022, excluding staff and ministry costs, included worship enhancing/livestreaming equipment and professional advice concerning property matters. More information about the fixed assets, and the depreciation policy of the PCC can be found in the 2022 annual financial statements.
On behalf of all in the church I would like to thank those who have served in providing advice, management, and the processing of the finances, including John Averill, the Treasurer, Anthony Bennett, Sherry Taylor and Stephen East for his diligent and confidential management of all Free Will Offerings and Gift Aid tax repayments.
Finally, a big thank you to all of you who have supported the church financially in 2022, your faithfulness enables the work of the Kingdom to continue through our efforts at Christ Church.
## **Statement of Trustees’ Responsibilities**
Charity law requires the Trustees to prepare financial statements for each financial year, which give a true and fair view of the state of affairs of the charity and its financial activities for that period.
In preparing those financial statements the Trustees are required to:
- § select suitable accounting policies and then apply them consistently;
- § make judgements and estimates that are reasonable and prudent;
- § state whether the policies adopted are in accordance with applicable accounting standards, subject to any material departures disclosed and explained in the financial statements;
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- § prepare financial statements on the going concern basis unless it is inappropriate to assume that the charity will continue in business.
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time of the financial position of the Charity and to enable them to ensure that the financial statements comply with the Charities Act 1993. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud or other irregularities.
The PCC’s 2022 accounts have been prepared on a going concern basis.
## **5) Reserves Policy**
The PCC has adopted a policy, as recommended by the Diocese, aimed at keeping a balance on unrestricted funds, if possible, equivalent to at least three months unrestricted payments during the previous year, to cover any emergency situations that may arise. The PCC agree that this aim is adequate going forward having been achieved in 2022. For 2023, this equates to the PCC holding unrestricted reserves of £149,876 (2022: £114,670) or more.
Approved by the PCC on 9th May 2023 and signed on its behalf by
## **Rev Tim Humphrey PCC Chairman**
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## **Independent Examiner’s Report to the PCC Christ Church, Tunbridge Wells**
I report on the accounts of the Trust for the year ended 31[st] December 2022, which are set out on pages 11-16.
## **Respective responsibilities of Trustees and Examiner**
The charity’s trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under Section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed. The charity’s gross income exceeded £250,000.00 and I am qualified to undertake the examination by being a qualified member of the Chartered Association of Certified Accountants.
It is my responsibility to:
- § examine the accounts under Section 145 of the 2011 Act;
- § follow the procedures laid down in the General Directions given by the Charity Commissioner under Section 145(5)(b) of the 2011 Act; and
- § state whether particular matters have come to my attention.
## **Basis of Independent Examiner’s Report**
My examination was carried out in accordance with the general directions given by the Charity Commission. 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 the seeking of explanations from you as trustees 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 my examination, no matter has come to my attention:
1. Which gives me reasonable cause to believe that, in any material respect, the requirements: § to keep accounting records in accordance with section 130 of the 2011 Act; and
- § to prepare accounts which accord with the accounting records and to comply with the accounting requirements of the 2011 Act have not been met; or
2. To which, in my opinion, attention should be drawn in order to enable a proper
..................................................... David Stephens FCCA 13 Newlands Road Tunbridge Wells, Kent TN4 9AS
Date: 9 May 2023
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## **Christ Church Tunbridge Wells – Annual Report and Accounts for 2022**
## **TABLE OF CONTENTS**
**FINANCIAL STATEMENTS ................................................................................................** BALANCE SHEET .................................................................................................................. 11 STATEMENT OF FINANCIAL ACTIVITIES ..................................................................................... 12
## **NOTES TO THE FINANCIAL STATEMENTS ..** …………………………………………………………13-16
POLICIES AND FURTHER DETAILS .......................................................................................................................... 1. Accounting Policies and Further Details ......................................................................................... 13 2. Accounting Policies ……………………………………………………………………… 13 3. Fixed Assests ……………………………………………………………………………...13 4. Donations and Legacies ...................................................................................................................... 14 5. Staff Costs .............................................................................................................................................. 15 6. Bank Accounts ...................................................................................................................................... 15 7. Debtors .................................................................................................................................................. 15 8. Fixed Assets ........................................................................................................................................... 15 9. Reserves ................................................................................................................................................. 16 10. Creditors ................................................................................................................................................ 16 11. Restricted Fund Balances ................................................................................................................... 16 12. Missions .................................................................................................................................................. 16
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## **FINANCIAL STATEMENTS**
## **PCC of Christ Church, Tunbridge Wells Balance Sheet**
## **As of 31 December 2022**
|**Fixed Assets Note**
**Buildings**
Crabb Hall
Fixed assets**8**
**Total Fixed Assets 3**
**Current Assets**
Debtors & Prepayments**7**
Cash at Bank and in hand**6**
**Creditors**
Falling due within one year**10**
**Net Current Assets**
**Total Assets less current liabilities**
**Creditors**
Falling due after one year**8**
**Total Net Assets**
**Funds of Charity**
Restricted Funds**11**
Unrestricted Funds
General Fund
Designated – Community Transformation
Designated – Discipleship Year
Designated – Building Development
**Total Funds**|**2022**
**2022**
**2022**
2021
Unrestricted Restricted
Total Funds
Total Funds
832,000
42,551
832,000
42,551
832,000
62,106|
|---|---|
||**874,551**
**874,551**
894,106|
||30,099
30,099
28,968
446,517
4,504
451,021
450,526|
||**476,616**
**4,504**
**481,120**
479,495|
||8,779
8,779
6,348|
||**467,837**
**4,504**
**472,341**
473,147|
||**1,342,388**
**4,504**
**1,346,892**
1,367,253
832,000
-
832,000
832,000|
||**£510,388**
**£4,504**
**£514,892**
£535,253|
||4,504
4,504
3,898
489,291
-
489,291
516,945
9,864
-
9,864
12,455
1,480
-
1,480
1,955
9,753
9,753
-|
||**£510,388**
**£4,504**
**£514,892**
£535,253|
**Approved by the Parochial Church Council on 9[th] May 2023 and signed on its behalf by:**
**------------------------------Rev Tim Humphrey Vicar**
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## **PCC of Christ Church, Tunbridge Wells Statement of Financial Activities**
## **For the year ending 31 December 2022**
||**Note**
**Income**
Voluntary income**4**
Rental Income – Hall/Rooms
Rental Income – Other
Grants received
Other Income
Interest income
**Total Income**
**Expenditure**
Charitable Activities
Salaries/Personnel**5**
Property Costs
Ministry Costs
Church Running Costs
Vicarage Costs
Administration
Mission Partners**12**
Parish Share
India Appeal
Architects/Development
Independent Examiner
**Total Expenditure**
Net income before transfers
Transfers between funds
Net income before other
recognised gains/(losses)
Revaluation gains
**Net movement in funds**
**Balances b/fwd 1 Jan**|**£510,388 £4,504 £514,892**
£531,355
£3,898 £535,253
**2022**
**2022**
**2022**
2021
2021
2021
Unrestricted Restricted
Total
Unrestricted Restricted
Total
551,065
5,729
556,794
539,533
1,561
541,094
29,708
29,708
14,474
0
14,474
1,875
1,875
2,390
0
2,390
1,500
1,500
13,122
0
13,122
4,563
531
5,094
9,423
1,549
10,972
1,191
1,191
29
0
29
**589,902**
**6,260**
**596,162**
578,971
3,110
582,081
228,854
228,854
181,770
0
181,770
116,394
116,394
79,238
0
79,238
66,004
6,598
72,602
19,817
19,755
39,572
27,830
56
27,886
25,256
1,601
26,857
8,956
8,956
8,036
0
8,036
2,286
2,286
1,734
0
1,734
41,428
118
41,546
32,723
78
32,801
99,738
99,738
91,400
0
91,400
-
-
16,714
-
16,714
7,464
10,247
17,711
1,440
20,955
22,395
550
550
550
0
550
**599,504**
**17,019**
**616,523**
458,678
42,389
501,067
(9,602)
(10,759)
(20,361)
120,293
(39,279)
81,014
(11,365)
11,365
-
(33,914)
33,914
-
**(20,967)**
**606**
**(20,361)**
86,379
(5,365)
81,014
531,355
3,898
535,253
444,976
9,263
454,239|
|---|---|---|
||**Balances c/fwd 31 Dec**||
||||
The accompanying notes on pages 13 to 16 form part of the financial statements.
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## **Notes to the Financial Statements**
## **1) Accounting Policies and further details**
## **Basis of Accounting**
The accounts have been prepared on a going concern basis, under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the notes to the accounts.
The Accounts have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting Standard applicable in the UK (FRS 102) issued 16 July 2014 and with the Charities Act 2011.
## **2) Accounting Policies**
## **Funds**
General Funds represent the Funds of the PCC which are not subject to any restriction regarding their use and are available for application on the general purposes of the PCC. Funds designated for a particular purpose by the PCC are also _unrestricted_ .
## **Recognition of Income**
Income is included in the Statement of Financial Activities (SOFA) when:
- The charity becomes entitled to the resources.
- It is more than likely that the trustees will receive the resource and the monetary value can be measured with sufficient reliability.
- The unrestricted element of giving represents gift aided donations, open plate giving and tax reclaimed from HMRC.
- The restricted element is money given for a specific purpose e.g. Street Kids Direct, Open Doors or monies assigned by the PCC for Building Development.
## **Expenditure**
All items of expense are accounted for when paid out.
## **Creditors**
Creditors are included at settlement amounts less any discounts.
## **Debtors**
Debtors are included at settlement amounts less any discounts
## **3) Fixed Assets**
## Consecrated Property
- Consecrated and Beneficed Property of any kind is excluded from the accounts by Section 10 of the Charities Act 2011.
- Moveable church furnishings held by the Vicar and Churchwardens on special trust for the PCC and which require faculty disposal are accounted as inalienable property unless consecrated.
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- Freehold property is stated in the balance sheet at 26% of the insured value of the property as at December 2008 (£3.2m) being that part of the building attributed to the Crabb Memorial Hall Trust.
## **Other Fixtures Fittings and Office Equipment**
Most items of equipment are written off in the year purchased, except two items purchased in 2019, one being the church boiler which is depreciated over eight years, and the other being church chairs, which are depreciated over four years. In 2020/2021 Livestreaming equipment and lighting was purchased, which is being depreciated over three years.
## **4) Donations and Legacies**
||**Unrestricted**|**Restricted**|**Total**|Unrestricted|Restricted|Total|
|---|---|---|---|---|---|---|
||**2022**|**2022**|**2022**|2021|2021|2021|
|Donations and
Gifts|**477,122**|**5,729**|**482,851**|475,251|1,561|476,812|
|Income Tax
Recoverable|**70,943**|**0**|**70,943**|64,282|0|64,282|
|Legacyincome|**3,000**|**0**|**3,000**|0|0|0|
|**Total**|**551,065**|**5,729**|**556,794**|539,533|1,561|541,094|
## **5) Staff Costs**
During the year the PCC employed
- Admin Assistant (part-time)
- Associate Vicar
- BIG Stars Helper (part-time)
- Community Transformation Lead (part-time)
- Director of Children’s Ministry (part-time)
- Facilities Manager
- Operations Manager
- Production Manager (part-time)
- Worship Co-Ordinator (part-time)
- Youth Pastor
- Youth & Childrens Assistant (part-time)
No employee received more than £60,000 per annum.
We also outsourced Payroll, Personnel and Health & Safety to external companies.
The PCC, in compliance with the Pension Regulator, operated a defined contribution pension scheme for all staff. The PCC agrees to make a contribution of 5% towards staff pensions.
There were no disclosable transactions in respect of PCC members or persons closely associated with them.
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||**2022**|2021|
|---|---|---|
|Salaries(gross)|166,683|156,993|
|Employers(ERs)NI|13,221|12,115|
|ERs Pension Costs|7,527|7,695|
|Other ER costs|3,499|4,967|
|Diocese re Associate Vicar|37,924|-|
|**Total**|**228,854**|181,770|
## **6) Bank Accounts**
The main Current and Deposit Accounts are with CAF Bank, interest is paid on the deposit account but not on the current account. In common with all other banks interest rates are low at present, but a small standard monthly fee is charged by CAF Bank Ltd.
The Lloyds Bank Account is used only to receive Free Will Offerings made by standing order/bank transfer. To maintain anonymity of the Free Will Offerings, details of the account are kept by the Gift Aid Secretary, who provides a summary to the Treasurer each month. The Lloyds account does not pay any interest.
Regular transfers are made from the Lloyds account to our CAF current account.
## **7) Debtors**
|**Debtors**|||
|---|---|---|
||**2022**|2021|
|Tax Refunds due|20,724|19,582|
|Hall lettingfees due|3,772|5,050|
|Re Associate Vicar housing|4,336|4,336|
|Sundrydebtors/prepayments|1,267|-|
|**Total**|**30,099**|28,968|
## **8) Fixed Assets**
## **Crabb Memorial Institute Trust**
The Crabb memorial Hall is part of the Christ Church Centre and the £832,000 represents 26% of the Christ Church Centre as a whole, which is attributed to the Trust.
It should be noted that the original trust deed provides for the value of the trusts proportion to be given to the Church Missionary Society in the event of the building sale and the Crabb Hall not being reinstated elsewhere.
## **Fixtures and Fittings**
During 2022 livestreaming, AV and IT equipment was purchased for a cost of £4,276 (2021: £11,780). In 2019 a new boiler for £47,133 and seating costing £27,444. The boiler is depreciated by 12.5%, the seating by 25%, and the livestreaming, AV and IT by 33.3%.
||**2022**|2021|
|---|---|---|
|Net Book Value@1st Jan|62,106|71,788|
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Net Book Value @ 31[st] Dec 42,551 62,106
## **9) Reserves**
The PCC has a policy which aims to maintain unrestricted reserves of at least three months expenditure which it and regards as adequate. The policy is reviewed regularly.
## **10) Creditors**
|**ditors**|||
|---|---|---|
||**2022**|2021|
|Pension Scheme|1,289|
1,239|
|HMRC PAYE & NI|3,493|
3,059|
|SundryCreditors|3,997|
2,050|
|**Total**|**8,779**|6,348|
## **11) Restricted Fund Balances**
|**stricted Fund Balances**|||
|---|---|---|
||**2022**|2021|
|Christ Church Support Fund(CCSF)|2,437|2,584|
|Women’s ministry|796|520|
|Men’s ministry|-|401|
|Goldenyears ministry|-|218|
|Compassion and Sparklers|1,271|175|
|**Total**|**4,504**|3,898|
## **12) Missions**
All monies given to missions were to organisations.
Christ Church High Street, Tunbridge Wells, TN1 1UT www.cctw.org.uk 01892 522323 info@cctw.org.uk
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