## St Philip & St James Church, Chatham King George Road Walderslade ## Chatham Kent ME5 0TZ # **Annual Report and Financial Statements of the Parochial Church Council** UK registered charity No.1130600 For the year ended 31 December 2020 ## **The Parochial Church Council of the Ecclesiastical Parish of St Philip and St James, Chatham** _**Registered Charity number: 1130600**_ ## **Annual Report January to December 2020** ## **Objectives and activities** ## **Aims and objectives** The primary object of the PCC is the promotion of the Gospel of our Lord Jesus Christ according to the doctrines and practices of the Church of England. The PCC is to co-operate with the minister in promoting to the parish the whole mission of the Church, pastoral, evangelistic, social and ecumenical. The church has a vision which at this time is three-fold: - To engage with a renewed or charismatic way of life – including Sunday worship. - To connect with our local community (principally our geographic parish) with the intention of long term mission and discipleship. - To become a church which resources other churches. ## **Church life** In 2020 the pattern of Sunday services was disrupted along with everything else in society by the covid-19 pandemic and the consequent national shutdown. March 15[th] 2020 was the last 10am Sunday service in the building, with only ~50% of normal attendance. The church made use of Streamyard as an online broadcasting platform for live services with participants joining in from their own homes. That is streamed to YouTube and Facebook for the congregation to follow. Inevitably all the events in the building came to a halt, replaced by a mix of digital, phone and doorstep communication, pastoral care, discipleship and befriending. Thus all home groups meet on line, Walderslade Sings! has pivoted to meet on line, children’s groups (PJ gang, pathfinders, and Kidz Klub), Songs of Praise, weekly school assemblies and Sunday evening service have all successfully transferred on line. Cafe and Tots is the only group not to have successfully continued to meet regularly, also some of the occasional big outreach events have been either abandoned or completely re-thought in the digital only age which characterised much of 2020. When allowed and appropriate, we have offered a Sunday 12noon said service of communion. In June 2020 Martyn Saunders was appointed as leader of the St John's Chatham mission (BMO) whilst remaining as incumbent. The post of Associate Vicar has been created in agreement with the Diocese of Rochester, and Rev Andrew Vaughan appointed to that role which started in February 2021. Rev Luke Bacon has also been appointed from March 2021 initially on a fixed term agreement for upto three years working across both this parish and St John's Chatham. ## **Public Benefit** On the pages of this report, the PCC has profiled regular aspects of church life, meetings and services of wider public benefit, special events, occasional offices and grants given. In so doing the PCC sees itself as meeting the criteria of “Public Benefit” for registered charities through the activities listed. The Trustees are aware of the supplementary guidance on charities for the advancement of religion. 1 ## **Achievements and performance** ## **One off events** The church continues to offer annual services of great interest and benefit to the local community. In November 2020 we hosted a Memorial Service for all those who had lost a loved one in the previous year in partnership with Medway funeral directors. IN 2020 this was livestreamed from the church building. In December, as part of our Christmas celebrations, we offered a crib service online for children and parents, as well as a carol service online which were very well attended by the community at large, partly due to the participation of Walderslade Sings! through using footage of them from previous carol services. We offer baptism and thanksgiving services to local families and church members. Most of these happen in the Sunday morning service and draw an average of fifty visitors per family. In 2020 most of these have been delayed to 2021 due to the pandemic. ## **Church Attendance** As at April 2020 there were 164 (April 2019: 164) people on the Church Electoral Roll (approximately 40% of whom are resident in the parish) _._ The average weekly (Sunday and midweek) attendance counted during October each year was impossible to be accurate in 2020, with a mix of online and in person events. ## **Occasional offices** In 2020, St Philip and St James Church conducted 0 (2019:15) baptisms due to the pandemic. There was no confirmation service in the year 2020. During the course of the year, we conducted no (2019:1) weddings in church and 22 (2019: 15) funerals of which 3 (2019:3) were in the church building. ## **Fabric, equipment, ministry and other expenditure related issues** The PCC attended to a number of fabric issues during 2020, relating to the church building and church hall as well as other issues relating to the mission of the church. Key fabric issues attended to during the year included: 1. Electrical inspection and consequent works. 2. Minor fabric and other expenditure. ## **Grants** The church is presently committed to giving away 10% of income to mission work in areas outside of the parish. The bulk of the money currently goes to particular missionaries who have historic links with the church, and thus were sent out by the church in some way. The Mission allocation for 2020 was agreed and donations to each of CMS (Pat Blanchard), CMS (Eric & Rhena Clouston), SIM (Ruth Guinness), and Helper (Andy Blake). Smaller amounts were sent to each of David and Robin Stearns, Face to Face trust (Kevin Moore), Ubaku Boys home (Rebecca and Evode Usabyamahoro), Paul Jhass. ## **Financial Review** 2020 has inevitably been shaped by the covid-19 pandemic. As the pandemic struck so the Treasurer conducted a granular review of giving to discern what sources might be at risk in the year from unemployment, or furlough. Our income from congregation giving remained largely stable with some people giving more with a 7% reduction in all, other income was affected by reduced church hall letting income but this is not a significant proportion of income anyway. 2 In terms of costs, stipend payments and associated costs of housing, parish offer, and heating and lighting are relatively inflexible within a year. Costs were constrained due to reduced activity and some furlough payments for the PCC employed part time Church Operations Officer. The PCC is committed to continuing investment in enabling local residents to discover and respond to the love of God. ## **Reserves Policy** The PCC continued its cash reserves policy whereby the unrestricted funds not committed or invested in tangible fixed assets (roughly “the free reserves”) held aims to be between one and two months of the resources expended. The reserves are regularly reviewed by the treasurer and discussed at the PCC from time to time. In the event of a significant drop in funding, the PCC would consider how the funding can be replaced or activities changed, and may arrange for an appeal to be made to the congregation. At the end of December 2020, the free reserves amounted to ~£103,000 (2018: £85,638). This sum represents just over seven months of (normal) expenditure in normal times and exceeds the range outlined above, however the PCC is expecting to make capital investments in the building in 2021. The Trustees consider that they are confident that they are a Going Concern especially with the free reserves level outlined above. ## **Structure, governance and management** ## **Structure** The PCC is a corporate body established by the Church of England. The PCC operates under the Parochial Church Council Powers Measure. The PCC was registered on 17 July 2009 under registered charity number 1130600. The appointment of PCC members is governed by and set out in the _Church Representation Rules_ (2017, now 2020, London: Church House Publishing). ## **Committees** The full PCC met ten times in 2020 (not August or December) and three times in 2021 before signing off this report _._ Sub-committees met on an occasional basis between PCC meetings and recommendations or proposals were received and discussed by the full PCC. The PCC in 2020 had the following sub-committees, which met on an occasional basis between full meetings of the PCC. Standing Committee is the only committee required by law. ## **Fabric Committee:** During 2020 fabric issues were dealt with by the Churchwardens in consultation with the PCC. ## **Missionary Committee:** The Committee attends to matters relating to the church’s support of the work of mission largely overseas and also in this country, outside the parish. It is responsible for making recommendations to the PCC for the allocation of the Mission budget. ## **Standing Committee:** This committee meets on an occasional basis to transact any urgent business of the PCC between its meetings, subject to any directions given by the Council. ## **Youth committee:** The Committee meets on an occasional basis to address issues concerning children and youth activities. ## **Risk Management** In its ongoing programme of risk management, the PCC has documented financial procedures 3 (covering handling of cash, authorising expenditure, approving and paying for items of expenditure), procedures for handling disturbances at services (although not needed to be acted on during the year) and a fire risk assessment. In regard to safeguarding both children and vulnerable adults, the PCC follows the Diocese of Rochester’s Safeguarding procedures and policies. Thus, the PCC has complied with the duty under section 5 of the Safeguarding and Clergy Discipline Measure 2016 (duty to have regard to House of Bishops’ guidance on safeguarding children and vulnerable adults). The PCC has also identified the risk of claims arising from historic debt advice and has appropriate insurance against that situation. ## **Reference and administrative information** ## **Background** St Philip and St James’ Parochial Church Council (PCC) has the responsibility of co-operating with the incumbent in promoting in the ecclesiastical parish the whole mission of the Church, pastoral, evangelistic, social and ecumenical. It also has maintenance responsibilities for the Church Centre Complex of St Philip and St James, King George Road, Chatham. ## **Membership** Members of the PCC are either ex-officio or elected by the Annual Parochial Church Meeting (APCM) in accordance with the Church Representation Rules. During the year, the following served as members of the PCC: Ex officio: Incumbent: The Rev’d Martyn Saunders Associate Vicar: The Rev’d Andrew Vaughan (from 14/2/2021) Assistant Curate: The Rev’d Luke Bacon (from 7/3/2021) Reader: Rose Robinson Elected members: Churchwardens: Tandy Sinclair Winston Archibald Members of Rochester Diocesan Synod: Julie Campbell Guy Gallico Representatives to Rochester Deanery Synod: Heather Drew (from 1/12/2020) Joe Franqueira (to 30/11/2020) Diane Hatcher (from 1/12/2020) Tracy Read Tanya Terry (to 30/11/2020) Elected and co-opted members of the PCC: Melanie Banister (from 10/10/2020) Jim Knight (until 1/6/2020) John Crook Steve Killick Heather Drew (to 31/11/20) Cheryl Philips (until 10/10/2020) Beth Franqueira (until 10/10/2020) Trevor Poulter (from 10/10/2020) Steve Fouch (until 10/10/2020) Luke Saunders Diane Hatcher (10/10/20 to Chris Sims 31/11/20) Tracy Read (from 10/10/2020) Rita Holding Mary Burling (from 10/10/2020) In attendance (until 10/10/2020) as PCC secretary, Mary Burling. 4 ## **Contact Details** Correspondence may be addressed to: PCC Chair, St Philip and St James’ Church, King George Road, Chatham, Kent ME5 0TZ. Bank: CAF Bank Ltd, 25 Kings Hill Ave, Kings Hill, West Malling, Kent ME19 4TA Independent examiner: Mr David R Ralph, FCIE, 50 Southwood Rd, Rustall, Tunbridge Wells TN4 8SP Approved by the PCC on 23 March 2021 and signed on their behalf by Rev’d Martyn Saunders (PCC Chair) 5 ## **PAROCHIAL CHURCH COUNCIL OF ST. PHILIP & ST. JAMES, CHATHAM** ## **STATEMENT OF FINANCIAL ACTIVITIES For the year ended 31 December 2020** |**STATEMENT OF FINANCIAL ACTIVITIES**
**For the year ended 31 December 2020**|||||||||| |---|---|---|---|---|---|---|---|---|---| ||**Note **|**Unrestricted **|**Designated**|**Restricted**|**TOTAL**|Unrestricted|Designated|Restricted|TOTAL| |||**Funds**|**Funds**|**Funds**|**2020**|Funds|Funds|Funds|2019| |||**£**|**£**|**£**|**£**|£|£|£|£| |**INCOMING RESOURCES**|||||||||| |_Income from donations_|2a|119,679|1,377|10,967|**132,023**|134,514|3,024|13,502|**151,040**| |_Income from other trading activities_|2b|4,438|840|2,491|**7,770**|8,524|625|380|**9,528**| |_Investment income_|2c|39|10|-|**50**|72|13|18|**103**| |_Charitable activities_|2d|2,075|-|589|**2,665**|5,389|1,351|-|**6,740**| |_Other incoming resources_|2e|-|-|-|**-**|-|-|-|**-**| |**TOTAL INCOMING RESOURCES**||126,232|2,228|14,048|**142,508**|148,500|5,012|13,900|**167,412**| |**RESOURCES USED**|||||||||| |_Expenditure on charitable activities_|3|114,880|1,859|6,563|123,302|143,752|3,957|12,075|**159,784**| |**TOTAL RESOURCES EXPENDED**||114,880|1,859|6,563|**123,302**|143,752|3,957|12,075|**159,784**| |**NET INCOMING / (OUTGOING) RESOURCES**||**11,352**|**369**|**7,484**|**19,205**|4,747|1,055|1,826|**7,628**| |**GAINS AND LOSSES ON INVESTMENTS**|||||||||| |Realised||-||-|**-**|-||-|**-**| |Unrealised||-||-|**-**|-||-|**-**| |**GROSS TRANSFERS**||1,615.41|(2,549)|934|**-**|434|(634)|200|**-**| |**NET MOVEMENT IN FUNDS**||12,967|(2,180)|8,418|**19,205**|4,747|1,055|1,826|**7,628**| |BALANCES BROUGHT FORWARD AT 1 JANUARY||85,638|8,433|3,254|**97,325**|80,457|5,613|3,627|**89,698**| |**_BALANCES BF AT 1 JANUARY -represented_**||||||80,457|8,012|1,228|**89,697**| |**BALANCES CARRIED FORWARD AT 31 DECEMBER**||98,605|6,252|11,672|**116,530**|85,638|8,433|3,254|**97,325**| (6) PAROCHIALCHURCH C¢XJNOLOF ST. PIMUP& ￿. JAW CHAniAM BALANCE SHEETAS AT 31 DE￿￿ER Zoa) 2019 FIXED AS5Et5 Tawt Debtors RepaIrFUr￿ at DKKese BankA(counts Cash &717 173 5.1764 S8￿ UABILfnE5: creditc￿s- Amounts Falling DEEvfrthln Oneyear NEf CURREiifASSfTS 12.1171 i￿.9&4 1330 962 97.326 Credilor5. Amounts Falnry o￿AfterOne Year TOTAL META￿15 97,326 Ullrestricted De￿8￿aled RÈpairfvnd5 Deslgnated Barnabas fund De%gnatsd BrÈakawayfvnd Des1¥r￿ Yovn8 Peoplesfund Other Designated Funds Restricted fufid. 8ereavementGroup Restrirtèd fur￿. GLOW Re5trirted fund. GOCKI New5 aub Restritted fUl￿- Hope Restricted hjnd. Walderslode&ng51 Re5thcted fund -childrry￿ & Fa￿1¥ Worker 85.638 5.176 835 L535 310 310 33 378 L652 116.530 97326 gr￿ule Chaim PCC TreaSu￿r **PAROCHIAL CHURCH COUNCIL OF ST. PHILIP & ST. JAMES, CHATHAM** ## **NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 December 2020** ## 1 **ACCOUNTING POLICIES** The financial statements have been prepared in accordance with the Church Accounting Regulations 2006 together with applicable accounting standards and the Charities Statement of Recommended Practice 2015 and Financial Reporting Standard (FRS) 102. The financial statements have been prepared under the historical cost convention except for the valuation of investment assets, which would be shown at market value. The financial statements include all transactions, assets and liabilities for which the PCC is responsible in law. They do not include the accounts of church groups that owe their main affiliation to another body, nor those that are informal gatherings of church members. ## **a Funds** _Restricted funds_ represent (a) income from trusts or endowments which may be expended only on those restricted objects provided in the terms of the trust or bequest, and (b) donations or grants received for a specific object or invited by the PCC for a specific object. The funds may only be expended on the specific object for which they were given. Any balance remaining unspent at the end of the year must be carried forward as a balance on that fund. The PCC does not usually invest separately for each fund. Where there is no separate investment, interest, where material, is apportioned to individual funds on an average balance basis. _Unrestricted funds_ are general funds which can be used for PCC ordinary purposes. ## **b Incoming Resources** Planned Giving, collections and donations are recognised when received. Tax refunds are recognised when the incoming resource to which they relate is received. Grants and legacies are accounted for when the PCC is legally entitled to the amounts due. Dividends would be accounted for when receivable, interest is accrued. All other income is recognised when it is receivable. All incoming resources are accounted for gross. ## **c. Resources Expended** Grants and donations are accounted for when paid over, or when awarded, if that award creates a binding obligation on the PCC. The parish offer to the diocese is accounted for when due. Amounts received specifically for mission are dealt with as restricted funds. All other expenditure is generally recognised when it is incurred and is accounted for gross. ## **d Fixed Assets** Consecrated and beneficed property is not included in the accounts in accordance with section 10 (2) of the Charities Act 2011. Movable church furnishings held by the Vicar and Churchwardens on special trust for the PCC, and which require Fixed Assets are depreciated to reflect their diminution of value over their estimated economic lifetime, as follows: Office equipment and computers: 3-5 years. Fixtures and fittings: 10 years. Individual items of equipment with a purchase price of £1,000 or less are written off when the asset is acquired. (8) **PAROCHIAL CHURCH COUNCIL OF ST. PHILIP & ST. JAMES, CHATHAM** ## **NOTES TO THE FINANCIAL STATEMENTS (Continued) For the year ended 31 December 2020** ## 2. **INCOMING RESOURCES** |2. **INCOMING RESOURCES**|||| |---|---|---|---| |**Unrestricted Designated Restricted**
**Funds**
**Funds**
**Funds**
**£**
**£**
**£**
a._Income from donations_
Regular Giving
95,755
750
2,101
Church Collections
832
251
8
Income Tax Recovered
22,013
585
Grants Received
300
3,515
Legacies
Sundry Donations
779
376
4,758
**119,679**
**1,377**
**10,967**
b._Income from other trading activities_
Church hall lettings etc
3,943
Fund raising events
25
475
-
Other fundraising
470
365
2,491
**4,438**
**840**
**2,491**
c._Investment Income_
Dividends and interest
**39**
**10**
**-**
d._Charitable Activities_
Sundry income
Fees - Weddings & Funerals
1,719
Youth activity fees
Other activites income
356
-
589
**2,075**
**-**
**589**
e._Other incoming resources_
Insurance claims
**-**
**-**
**-**
**TOTAL INCOMING RESOURCES**
**126,232**
**2,228**
**14,048**|**TOTAL**
**2020**
**£**
**98,606**
**1,091**
**22,598**
**3,815**
**-**
**5,914**
**132,023**
**3,943**
**500**
**3,327**
**7,770**
**50**
**-**
**1,719**
**-**
**946**
**2,665**
**-**
**142,508**|**Unrestricted Designated Restricted**
**Funds**
**Funds**
**Funds**
**£**
**£**
**£**|**TOTAL**
**2019**
**£**| |||103,765
11,727
3,518
2,408
87
25,427
603
-
-
1,805
616
1,086
**134,514**
**3,024**
**13,502**
8,423
-
-
20
625
12
81
368
**8,524**
**625**
**380**
**72**
**13**
**18**
306
-
-
4,882
-
-
10
-
-
191
1,351
-
**5,389**
**1,351**
**-**
**-**
**-**
**-**
**148,500**
**5,012**
**13,900**|115,492
6,012
26,029
-
-
3,507
**151,040**
8,423
657
449
**9,528**
103
306
4,882
10
1,542
**6,740**
-
**167,412**| (9) ## **PAROCHIAL CHURCH COUNCIL OF ST. PHILIP & ST. JAMES, CHATHAM** ## **NOTES TO THE FINANCIAL STATEMENTS (Continued) For the year ended 31 December 2020** |3.|**RESOURCES EXPENDED**|||||||||| |---|---|---|---|---|---|---|---|---|---|---| ||**Note **||**Unrestricted **|**Designated **|**Restricted**|**TOTAL**|**Unrestricted Designated**||**Restricted**|**TOTAL**| ||||**Funds**|**Funds**|**Funds**|**2020**|**Funds**|**Funds**|**Funds**|**2019**| |a.|_Expenditure on Charitable Activities_||**£**|**£**|**£**|**£**|**£**|**£**|**£**|**£**| ||Missionary and charitable giving:||||||||1,092.00|| ||Church overseas:|||||||||| ||- missionary societies||13,100|||**13,100**|12,832|1,118||**13,950**| ||- relief and development agencies|||||**-**|-|359||**359**| ||Home missions||955|600||**1,555**|1,750|350|2,050|**4,150**| ||UK Organisations||100||450|**550**|100 .|||**100**| ||Contributions to Diocese||14,155
66,141|600|450|**15,205**
**66,141**|14,682
70,862|1,827|2,050
-|**18,559**
**70,862**| ||Clergy Costs|||||||||| ||Clergy expenses||1,470|||**1,470**|6,559||-|**6,559**| ||Clergy Housing costs||2,123|||**2,123**|4,063||-|**4,063**| ||Church administrator|4|7,377|||**7,377**|8,590||-|**8,590**| ||Church Activity Costs||10,970|-|-|**10,970**|90,074|-|-|**90,074**| ||Good News Club|||||**-**||||**-**| ||Youth & Childrens Work||481||612|**1,093**|2,035||5,005|**7,040**| ||Worship Expenses||2,233|||**2,233**|3,682|||**3,682**| ||Web Site & Publicity||1,162|||**1,162**|975||328|**1,303**| ||Outreach & Training Events||988|413|1,168|**2,569**|1,082|313|295|**1,689**| ||Events and activities||1,239|366|72|**1,676**||||| ||Other Church Activity costs||247|||**247**|2,231|1,621|3,776|**7,628**| ||Church Building Costs||6,350|778|1,852|**8,980**|10,005|1,933|9,404|**21,343**| ||Church Insurance||1,927|||**1,927**|1,984|||**1,984**| ||Utilities||3,699|||**3,699**|7,785|||**7,785**| ||Cleaning||2,256|||**2,256**|3,177|||**3,177**| ||Maintenance||812|||**812**|8,893|||**8,893**| ||Building Repairs||2,539|||**2,539**||||**-**| ||Furnishing, equipment (not Capitalised)||2,185||249|**2,434**|1,217||481|**1,697**| ||Depreciation||546|||**546**|546|||**546**| ||Other Costs||13,964|-|249|**14,213**|23,602|-|481|**24,083**| ||Subscriptions||477|||**477**||||**-**| ||Telephone/internet||841|||**841**|907|||**907**| ||Photocopier||1,293|||**1,293**|2,877|||**2,877**| ||Printing, Post and Stationery||89|||**89**|280|||**280**| ||Sundry expenditure||165|426|3,952|**4,543**|970|137|78|**1,186**| ||Independent Examiner's fee||370|||**370**|294|||**294**| ||Bookkeeping costs||-|||**-**|-|||**-**| ||Bank charges||65|55|60|**180**|60|60|62|**182**| ||||3,300|481|4,012|**7,793**|5,389|197|140|**5,726**| ||**TOTAL RESOURCES USED**||114,880|1,859|6,563|123,302|143,752|3,957|12,075|**159,784**| (10) **PAROCHIAL CHURCH COUNCIL OF ST. PHILIP & ST. JAMES, CHATHAM** ## **NOTES TO THE FINANCIAL STATEMENTS (Continued) For the year ended 31 December 2020** ## 4 **Staffing, Trustees and Related Party costs** During the year the PCC employed one (2019: two) staff member: a Church Operations Officer, (and a Childrens & Families Worker until 31 March 2019). This does not include the vicar who is employed by the Diocese of Rocheter, his associated costs are met by the PCC (working expenses £1470 in 2020), and stipend and housing costs more than provided for in the parish share contribution. Clergy newly in post in 2021 had not yet submitted working expense claims as at the date of this report. One PCC member received reimbursement of expenses in relation to taking funeral s (Rose Robinson £103 (£110)). No trustees claimed expenses or renumeration in relation to their role as trustees. An immaterial portion of the expenses paid to the clergy may be related to services to the PCC. Retirement pension benefits for non clergy: Regulations relating to auto-enrolment have been fulfilled for all eligble staff (nil in 2020, one in 2019).In addition various members of the Parochial Church Council made No employee received more than £60,000. voluntary donations to the Church in the year. All donations were made on an arms length basis and no donor received any direct benefit as a result. ## 5 **FIXED ASSETS** |_Cost_
Brought Forward
Additions
Disposals
Carried Forward
**_Depreciation_**
Brought Forward
Charge for the year
Disposals
Carried Forward
Net Book Value 31st December 2020
Net Book Value 1st January 2020|**Equipment**
**£**
25,088
-
-
25,088
23,996
546
-
24,542
546
1,092|**Total**
**£**
25,088
-
-
25,088
23,996
546
-
24,542
**546**| |---|---|---| |||**1,092**| Addition in 2018 is of a PC for church use, depreciation over 3 years on a straight line basis |6
**DEBTORS**
Gift Aid recoverable
Other debtors
7
**LIABILITIES: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Creditors
Accruals and deferred income|**2020**
**£**
5,717
**5,717**
**2020**
**£**
2,117
**2,117**|**2019**
**£**
2,731| |---|---|---| |||**2,731**| |||| |||**2019**
**£**
330| |||330| The PCC has a 5 year contract on its photocopier, taken out in June 2017, with an ongoing liability of £99/quarter until the end of the contract. **(11)** ## **PAROCHIAL CHURCH COUNCIL OF ST. PHILIP & ST. JAMES, CHATHAM** ## **NOTES TO THE FINANCIAL STATEMENTS (Continued) For the year ended 31 December 2020** ## 8 **MOVEMENT IN DESIGNATED FUNDS** |**Incoming Resources**
Income from activities
Transfers from General Funds
Transfers from Other Funds
Interest received
**Resources Used**
Expenditure for designated purpose
Activity costs
Administration costs
Transfers to General Funds
Transfers to Other Funds
**Net Incoming/(Outgoing) Resources**
Balance brought forward at 1st January
**Balance Carried forward**|**Repair**
**Barnabas Breakaway**
**Young**
**Sundry**
**Fund**
**Fund**
**Fund**
**Peoples**
**Funds**
**Fund**
**£**
**£**
**£**
**£**
**£**
475
376
750
251
126
219
20
1,816
400
10
1,826
601
595
750
671
600
659
366
235
4,015.41
-
750
4,015
-
1,201
750
659
-2,189
601
(606)
-
13
5,176
542
835
1,535
345
**2,987.47**
**1,143**
**230**
**1,535**
**358**| |---|---| _Repair Fund_ - The PCC sets aside funds to provide for the future repair of the church/hall . All the funds utilised in the year were in respect of repairs to the Church building . Funds are held by the Diocese of Rochester on behalf of the PCC . _Breakaway Fund -_ A separately administered fund which raises funds to supplement the Church's giving to external organisations . _Barnabas fund -_ holds donations and profits from general fund raising for the support of the mission activities of current and former Church members. **-** _**Young peoples Fund**_ **derived from specific donations and allocated by the PCC to provide additional resources for the work of the Church with young people.** _**Sundry Funds**_ **reflects other funds received for a specific purpose and their application.** ## 9 **MOVEMENT IN RESTRICTED FUNDS** |**Incoming Resources**
Income from donations
Grants
Income from activities
Transfers from other funds
**Resources Used**
Activity costs
Ministry costs to Families & Children
**Net Incoming/(Outgoing) Resources**
Balance brought forward at 1st January
**Balance Carried forward**|**Bereave-**
**ment Group**
**GLOW**
**Children &**
**Families**
**Worker**
**Good**
**News**
**Hope fund**
**Walders-**
**lade Sings!**
**£**
**£**
**£**
**£**
**£**
**£**
5,010
8
1,243
1,191
3,516
34
35
3,011
825
109
-
-
5,869
8
4,793
4,311
25
360
3,248
2,618
312
-
25
672
-
3,248
2,618
-
(25)
5,197
8
1,545
1,693
310
33
881
378
-
1,652
**310**
**8**
**6,079**
**386**
**1,545**
**3,345**| |---|---| _The Bereavement Group_ funds the provision of a bereavement support group at the Net community centre. _GLOW_ is a Ladies group - funding an annual away day (teaching and activities ) for ladies & girls. The _Children & Families Worker_ fund comprises specific donations for the funding of a targeted ministry in that area. _Good News_ is a funding group providing an annual holiday for pensioners from the Church and their associates. _Hope fund_ is new in 2020 and is for the provision of food and other support to needy families in the area. _Walderslade Sings!_ is a self funding Community Choir set up by Church members to build liinks with the community. **(12)** **PAROCHIAL CHURCH COUNCIL OF ST. PHILIP & ST. JAMES, CHATHAM** ## **NOTES TO THE FINANCIAL STATEMENTS (Continued) For the year ended 31 December 2020** ## 10 **ANALYSIS OF TOTAL NET ASSETS BY FUND** |Fixed Assets
Unrestricted Non designated funds
Current Assets
GLOW
Children & Family worker fund
Good News
Hope fund
Walderslade Sings!
Designated Diocesan Repair funds
Designated Barnabas fund
Designated Breakaway fund
Designated Young Peoples fund
Sundry Designated Fund
Unrestricted funds
Current Liabilities - falling due in one year
Children & Families
Walderslade Sings!
Desi**g**nated Breakawa**y**fund
Unrestricted Non designated funds
**Fund balance**|**Unrestricted Restricted**
**Total**
**Funds**
**Funds**
**£**
**£**
**£**
546
-
546
310
310
8
8
6,079
6,079
386
386
1,545
1,545
3,345
3,345
2,987
2,987
1,143
1,143
230
230
1,535
1,535
358
358
98,059
98,059
-
-
-
-
-
-
-
**104,858**
**11,673**
**116,530**| |---|---| ## **11 Additional Information** The services of the Vicar, Martyn Saunders, are fully funded by the Diocese of Rochester, the Church’s supervising body to which the Parochial Church Council makes a contribution as a Parish Contribution. **(13)** ## **Independent Examiner’s Report to the PCC of the Ecclesiastical Parish of St Philip & St James Chatham** This report on the financial statements of the PCC for the year ended 31st December 2020, which are set out on pages 1 to 13, is in respect of an examination carried out in accordance with the Church Accounting Regulations 2006 (“the Regulations”) and s.145 of the Charities Act 2011 (“the Act”). ## **Respective responsibilities of PCC members (Trustees) and examiner** As the members of the PCC you 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 of the Charities Act 2011 (“the Charities Act”) and that an independent examination is needed. Where the charity’s gross income exceeded £250,000 that I am qualified to undertake the examination by being a qualified Fellow of the Association of Charity Independent Examiners _._ It is my responsibility to: - examine the accounts under section 145 of the Charities Act, - to follow the procedures laid down in the general Directions given by the Charity Commission (under section 145(5)(b) of the Charities Act, and - to state whether particular matters have come to my attention. ## **Basis of independent examiner’s report** My examination was carried out in accordance with general Directions given by the Charity Commission and the Church Guidance 2006 issued by the Finance Division of the Archbishops’ Council. An examination includes a review of the accounting records kept by the PCC and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the 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 Charities Act; and - to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Act - have not been met; or 2. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. ## D R Ralph David R Ralph IEng JP FCIPD MIET FCIE 1[st] May 2021 HMCE MLR No. 12338775 50 Southwood Road Rusthall Tunbridge Wells Kent TN4 8SP Page 14