APCM 2024-2025: Secretary Report
The PCC, comprising of eighteen members of the Christ Church family, met four times in person and once on zoom since the Annual Parochial Church Meeting in May 2024. There was an additional brief zoom meeting in order to approve the accounts.
Safeguarding is on the agenda at every meeting. The PCC continue to be committed to safer recruitment and the best care and training opportunities for our staff, as well as ensuring that every member of the church community is able to flourish and be kept safe and well. The Human Resources committee was merged with the Safeguarding group and met twice during the year to ensure we maintain the highest of standards. Our thanks to Andrea Carter (Chair of HR/Safeguarding) Rachel Dixon our Safeguarding Officer and Cath Johnston, our PCC link for safeguarding with the diocese.
Finance is on the agenda for each meeting and the end of year accounts for 2024 have been approved by the PCC and are presented at this APCM. Our grateful thanks once again go to Gina Ikonomou, the church treasurer and to Catherine Ibrahim our Church Administrator who is also Finance assistant. Thanks also go Christian Mole, who is our Independent Financial Examiner. A successful Generosity Sunday giving campaign in June, assisted by Liz Mullins from the diocese, led to significant growth in giving in 2024.
Premises Management is always on the agenda and we are grateful to our Church Wardens for overseeing the care of our buildings. In particular Phil Wearon who has invested a lot of time in ensuring the church centre runs efficiently. There is also a small team who keep the church grounds outside looking tidy and attractive and help with various jobs inside. The church properties (the flat above the church office and a 3-bed house in Invicta Close, BR7) continue to be let commercially and the monthly income from both help with the disparity between our income and necessary expenditure. Spinnaker Trust continue to use the office space and PALS Pre- School meets daily during term time. Our thanks go to our Church Wardens, Phil Wearon & Sara Cunningham, for their oversight of the church site, properties, the grounds, the kitchens and dealing with the many varied comments and suggestions from the church community.
The PCC were delighted to be able to interview and appoint Pete Jones as our new Youth Minister in November and he began work with us in January 25. Our grateful thanks go to Catherine Humphries our part- time Ministry Leader for Families and Children, who continues to do wonderful work with both children and parents.
Ministry and Mission is always an agenda item with a different focus of ministry being considered at each meeting. In addition to the regular Life Groups there have also been several additional courses and events including The Bible Course and Called to Serve course.
Finally, Thanks go to Dave Johnston for his chairmanship of the PCC and for his leadership at CCC. Thanks also to those who have served on the PCC for the last twelve months, some of whom are now standing down. A special mention goes to Sue Gilder, who is stepping back from PCC after 50 years of service!
We welcome all potential new members following the APCM this May.
Ruth Mehmet PCC Secretary
Christ Church Chislehurst
End of Year Financial Statements
Year ending 31 December 2024
Christ Church, Chislehurst
Statement of Financial Activities
For the period from 01 January 2024 to 31 December 2024
| Unrestricted | Restricted | Endowment | Total | Prior year | |
|---|---|---|---|---|---|
| funds | funds | funds | funds | total funds | |
| Incoming resources | |||||
| Incoming resources from generated funds | |||||
| Voluntary income | 173,385 | 1,500 | — | 174,885 | 117,715 |
| Activities for generating funds | 37,977 | — | — | 37,977 | 34,946 |
| Investment income | 51,784 | — | — | 51,784 | 26,219 |
| Incoming resources from charitable activities | 6,196 | — | — | 6,196 | 7,088 |
| Other incoming resources | 182 | — | — | 182 | 13,208 |
| Total income | 269,527 | 1,500 | — | 271,027 | 199,177 |
| Resources used | |||||
| Cost of generating funds | |||||
| Cost of generating voluntary income | 271 | — | — | 271 | 329 |
| Investment management costs | 902 | — | — | 902 | 7,801 |
| Charitable activities | 210,737 | 1,009 | — | 211,747 | 227,347 |
| Other resources used | 1,318 | — | — | 1,318 | 22,379 |
| Total expenditure | 213,228 | 1,009 | — | 214,238 | 257,857 |
| Net income / (expenditure) resources before transfer | 56,298 | 490 | — | 56,788 | (58,680) |
| Transfers | |||||
| Gross transfers between funds - in | 4,000 | — | — | 4,000 | 9,710 |
| Gross transfers between funds - out | (4,000) | — | — | (4,000) | (9,710) |
| Other recognised gains / losses | |||||
| Net movement in funds | 56,298 | 490 | — | 56,788 | (58,680) |
| Reconciliation of funds | |||||
| Total funds brought forward | 842,316 | 6,742 | — | 849,058 | 907,738 |
| Total funds carried forward | 898,614 | 7,232 | — | 905,847 | 849,058 |
| Represented by | |||||
| Unrestricted | |||||
| General fund | 877,964 | — | — | 877,964 | 826,077 |
| Designated | |||||
| Church Repair Fund | 19,818 | — | — | 19,818 | 15,221 |
| Holiday at Home | 578 | — | — | 578 | 763 |
| Ladies Events | 42 | — | — | 42 | 42 |
| MRIJO Fund | 30 | — | — | 30 | 30 |
| Mens Events | 181 | — | — | 181 | 181 |
| Restricted | |||||
| Children's Fund | — | 2,642 | — | 2,642 | 2,797 |
| Children's Fund - New Mums Group | — | 1,575 | — | 1,575 | 879 |
| Clock Fund | — | 150 | — | 150 | 150 |
| Community Lunch | — | 255 | — | 255 | 255 |
| Families Children Youth (FCY) Fund | — | 2,260 | — | 2,260 | 2,260 |
| JRuthven Flowers | — | 350 | — | 350 | 400 |
| Total funds | 898,614 | 7,232 | — | 905,847 | 849,058 |
There may be minor discrepancies in the totals if the pence are not being shown
27 March 2025 Page 2
Christ Church, Chislehurst
Analysis of income and expenditure Selected period: 01 January 2024 to 31 December 2024
| Total | |||||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Designated | Restricted | Endowment | This year | Last year | ||
| Incoming resources | |||||||
| Incoming resources from generated | funds | ||||||
| 0101 - Gift Aid - Bank | 92,517 | — | 500 | — | 93,017 | 74,154 | |
| 0102 - Non Gift Aid - Bank | 1,960 | — | — | — | 1,960 | — | |
| 0210 - CAF/Stewardship giving | 2,020 | — | — | — | 2,020 | 1,750 | |
| 0301 - Loose plate collections | 13,329 | — | — | — | 13,329 | 12,042 | |
| 0501 - One-off Gift Aid gifts | 10,843 | — | 1,000 | — | 11,843 | 7,496 | |
| 0503 - one-off donations (non Gift Aid) | 649 | — | — | — | 649 | 33 | |
| 0601 - Tax recoverable on Gift Aid | 30,218 | — | — | — | 30,218 | 20,593 | |
| 0701 - Legacies | 21,234 | — | — | — | 21,234 | — | |
| 0901 - Other funds generated | 612 | — | — | — | 612 | 1,644 | |
| 0910 - Fund raising events | — | — | — | — | — | 22 | |
| 1240 - CCCC lettings - non-church | 37,977 | — | — | — | 37,977 | 34,923 | |
| 1020 - Bank and building society | 17,432 | 596 | — | — | 18,029 | 12,875 | |
| interest | |||||||
| 1030 - Rent from lands or buildings | 33,755 | — | — | — | 33,755 | 13,344 | |
| Incoming resources from | 262,550 | 596 | 1,500 | — | 264,647 | 178,880 | |
| generated funds Totals | |||||||
| Incoming resources from charitable | activities | ||||||
| 1101 - Fees for weddings | 531 | — | — | — | 531 | 1,095 | |
| 1105 - Fees for funerals | 3,232 | — | — | — | 3,232 | 2,788 | |
| 1106 - DBF Fees | (2,062) | — | — | — | (2,062) | (1,652) | |
| 1120 - U11, donations | 3,542 | — | — | — | 3,542 | 3,937 | |
| 1130 - U11 fees for activities | 103 | — | — | — | 103 | 796 | |
| 1160 - Engage, fees for activities | 234 | — | — | — | 234 | — | |
| 1210 - Bookstall sales | 200 | — | — | — | 200 | 122 | |
| 1230 - CCCC lettings - church related | — | 415 | — | — | 415 | — | |
| Incoming resources from | 5,781 | 415 | — | — | 6,196 | 7,088 | |
| charitable activities Totals | |||||||
| Other incoming resources | |||||||
| 1310 - Insurance claims | 182 | — | — | — | 182 | 13,208 | |
| Other incoming resources Totals | 182 | — | — | — | 182 | 13,208 | |
| Incoming resources Grand | 268,515 | 1,011 | 1,500 | — | 271,027 | 199,177 | |
| totals | |||||||
| Resources used | |||||||
| Cost of generating funds | |||||||
| 1710 - Bank Charges | 271 | — | — | — | 271 | 329 | |
| 1918 - 13 Invicta Close expenses | 749 | — | — | — | 749 | 671 | |
| 1919 - 13 Invicta Close | 153 | — | — | — | 153 | 7,130 | |
| Repairs/Maintenance | |||||||
| Cost of generating funds Totals | 1,173 | — | — | — | 1,173 | 8,130 |
There may be minor discrepancies in the totals if the pence are not being shown
27 March 2025 Page 3
| Total | |||||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Designated | Restricted | Endowment | This year | Last year | ||
| Charitable activities | |||||||
| 1810 - Ministry parish share etc | 94,692 | — | — | — | 94,692 | 71,016 | |
| 1820 - Giving to missionary societies | 8,565 | — | — | — | 8,565 | 7,115 | |
| 1830 - Giving - relief and development | 7,500 | — | — | — | 7,500 | 12,718 | |
| agencies | |||||||
| 1850 - Subscriptions | 2,217 | — | — | — | 2,217 | 1,540 | |
| 1903 - Working expenses of incumbent | 527 | — | — | — | 527 | 247 | |
| 1905 - Vicarage expenses | 5,078 | — | — | — | 5,078 | 4,367 | |
| 1907 - Vicarage repairs/maintenance | 217 | — | — | — | 217 | 2,542 | |
| 1931 - Families Ministry Employment | 14,524 | — | — | — | 14,524 | 13,961 | |
| costs | |||||||
| 1933 - Families Ministry Working | 338 | — | — | — | 338 | 143 | |
| expenses | |||||||
| 1935 - Families Ministry other expenses | — | — | — | — | — | 276 | |
| 1941 - Administrator Employment costs | 9,052 | — | — | — | 9,052 | 9,575 | |
| 2110 - Sunday School expenses | 1,255 | — | — | — | 1,255 | 680 | |
| 2120 - U11 (free activities) | 741 | — | — | — | 741 | 1,320 | |
| 2130 - U11 (charged for activities) | 75 | — | — | — | 75 | 950 | |
| 2150 - Engage (free activities) | 17 | — | — | — | 17 | — | |
| 2160 - Engage (charged for activities) | 353 | — | — | — | 353 | — | |
| 2201 - Parish training | 98 | — | — | — | 98 | 30 | |
| 2203 - Prayer Ministry | 81 | — | — | — | 81 | — | |
| 2205 - Local outreach work | 356 | 600 | 959 | — | 1,915 | 541 | |
| 2208 - Worship Ministry | 358 | — | — | — | 358 | 666 | |
| 2210 - General Ministry Expenses | 382 | — | — | — | 382 | 482 | |
| 2220 - Catering expenses | 940 | — | — | — | 940 | 823 | |
| 2303 - Church office - Stationery | 181 | — | — | — | 181 | 281 | |
| 2305 - Church office - computers | — | — | — | — | — | 60 | |
| 2307 - Church office - copying/printing | 1,040 | — | — | — | 1,040 | 676 | |
| 2310 - Church office - telephone | 1,283 | — | — | — | 1,283 | 1,343 | |
| 2312 - Church Office - other expenses | 1,963 | — | — | — | 1,963 | 2,080 | |
| 2350 - Upkeep of churchyard | 75 | — | — | — | 75 | 12,051 | |
| 2405 - Church - insurance | 7,976 | — | — | — | 7,976 | 7,623 | |
| 2410 - Church running - gas | 5,029 | — | — | — | 5,029 | 5,649 | |
| 2415 - Church running - electric | 2,916 | — | — | — | 2,916 | 2,990 | |
| 2430 - Church maintenance | 4,732 | — | — | — | 4,732 | 10,700 | |
| 2435 - Church Cleaning | 3,160 | — | — | — | 3,160 | 2,222 | |
| 2440 - Church service expenses | 570 | — | 50 | — | 620 | 593 | |
| 2450 - Organ / piano tuning | 417 | — | — | — | 417 | 604 | |
| 2503 - Bookstall costs | 150 | — | — | — | 150 | 171 | |
| 2530 - CCCC - electricity | 15,484 | — | — | — | 15,484 | 19,990 | |
| 2540 - CCCC - gas | 6,180 | — | — | — | 6,180 | 11,344 | |
| 2560 - CCCC - maintenance | 6,084 | — | — | — | 6,084 | 11,825 | |
| 2570 - CCCC - water | 521 | — | — | — | 521 | 752 | |
| 2580 - CCCC - Cleaning | 4,995 | — | — | — | 4,995 | 5,101 | |
| 2590 - CCCC - other expenses | — | — | — | — | — | 11 | |
| 2840 - Flat expenses | — | — | — | — | — | 888 | |
| 2850 - Flat maintenance | — | — | — | — | — | 1,386 | |
| Charitable activities Totals | 210,137 | 600 | 1,009 | — | 211,747 | 227,347 | |
| Other resources used | |||||||
| 2315 - Professional, Legal and | — | — | — | — | — | 19,844 | |
| associated costs | |||||||
| 2910 - Depreciation | 1,318 | — | — | — | 1,318 | 1,318 | |
| 2911 - Fixed asset write offs | — | — | — | — | — | 1,216 | |
| Other resources used Totals | 1,318 | — | — | — | 1,318 | 22,379 |
There may be minor discrepancies in the totals if the pence are not being shown
27 March 2025 Page 4
| Total | |||||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Designated | Restricted | Endowment | This year | Last year | ||
| Resources used Grand totals | 212,628 | 600 | 1,009 | — | 214,238 | 257,857 |
There may be minor discrepancies in the totals if the pence are not being shown
27 March 2025 Page 5
Christ Church, Chislehurst
Balance sheet (Summary) As at: 31 December 2024
| As at 31/12/2024 £ |
As at 31/12/2023 £ |
|
|---|---|---|
| Fixed assets Tangible assets Current assets Debtors Cash at bank and in hand Liabilities Creditors: Amounts falling due in one year Net current assets less current liabilities Total assets less current liabilities Total net assets less liabilities Represented by Unrestricted Unrestricted - General fund Designated Designated - Church Repair Fund Designated - Holiday at Home Designated - Ladies Events Designated - MRIJO Fund Designated - Mens Events Restricted Restricted - Children's Fund Restricted - JRuthven Flowers Restricted - Children's Fund - New Mums Group Restricted - Clock Fund Restricted - Community Lunch Restricted - Families Children Youth (FCY) Fund Funds of the church |
488,594 488,594 6,660 416,033 422,693 5,440 417,252 905,847 905,847 877,964 19,818 578 42 30 181 2,642 350 1,575 150 255 2,260 905,847 |
489,912 489,912 8,342 362,879 371,221 12,075 359,146 849,058 849,058 826,077 15,221 763 42 30 181 2,797 400 879 150 255 2,260 849,058 |
There may be minor discrepancies in the totals if the pence are not being shown
27 March 2025
Page 6
Parochial Church Council of Chislehurst Financial Statements for year ended 31 December 2024
Notes to the Financial Statements
1. Accounting Policies
The financial statements have been prepared in accordance with the Church Accounting Regulations 2006, the Statement of Recommended Practice (SORP), “Accounting and Reporting by Charities” published in March 2005 (revised May 2008) and applicable accounting standards.
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 include the accounts of church groups that owe their main affiliation to another body, nor those that are informal gatherings of church members.
Funds
Endowment funds are funds, the capital of which must be maintained; only income arising from investment of the endowment may be used either as restricted or unrestricted funds depending upon the purpose for which the endowment was established.
Restricted funds represent income from trusts or endowments which may be expended only on those restricted objects provided in the terms of the trust or bequest, and donations or grants received for 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 each year must be carried forward as a balance on that fund.
Unrestricted funds are general funds which can be used for PCC ordinary purposes. Some funds may be designated for a particular purpose but may also be used for ordinary purposes if necessary. These funds are also designated as unrestricted.
Incoming resources
Planned giving, collections and donations are recognized when received. Tax refunds are recognized when the incoming resource to which they relate is received. Dividends are accounted for when receivable, and interest is accrued. All other income is recognized when it is receivable. All incoming resources are accounted for gross.
Resources used
Grants and donations are accounted for when paid over, or when awarded, if that award creates a binding or constructive obligation on the PCC. The diocesan parish share is accounted for when due. All other expenditure is generally recognized when it is incurred and is accounted for gross.
Page 7
Parochial Church Council of Chislehurst Financial Statements for year ended 31 December 2024
Notes to the Financial Statements
Fixed assets
Consecrated and beneficed property is not included in the accounts in accordance with s.96(2)(a) of the Charities Act 1993.
No value is placed on movable church furnishings held by the church wardens on special trust for the PCC and which require a faculty for disposal as these are regarded as inalienable property. All expenditure on consecrated and beneficed buildings and movable church furnishings, whether for maintenance or improvement, is written off as expenditure.
Other fixtures, fittings and office equipment used within the church premises are depreciated on a straight-line basis over five years with a full annual charge taken in the year of acquisition. Individual items of equipment with a purchase price of £1,000 or less are written off in the year of acquisition.
2. Staff Costs and Payments to PCC members
| Employment costs Accommodation costs Working exp |
Vicar - 5,295 527 |
Other staff 23,578 - 338 |
Total 2024 23,578 5,295 865 |
Vicar - 6,909 247 |
Other staff 23,537 - 420 |
Total 2023 23,537 6,909 667 |
|---|---|---|---|---|---|---|
| TOTAL | 5,822 | 23,916 | 29,738 | 7.156 | 23,957 | 31,113 |
The Vicar’s employment costs are paid by the Diocese of Rochester, funded through the PCC’s Parish Share contribution to the Diocese.
Most support costs are incurred solely for the work of the church and have therefore been allocated to activities directly relating to the work of the church.
Additional payments to PCC members :
During 2024 there were no additional payments to PCC Members.
Page 8
Parochial Church Council of Chislehurst Financial Statements for year ended 31 December 2024
Notes to the Financial Statements
3. Fixed Assets
| Gross Book Value At 1 January 2024 Additions Disposals Write-offs At 31 December 2024 Depreciation At 1 January 2024 Charge for the year Depreciation on disposals and write-offs At 31 December 2024 Net Book Value At 31 December 2024 At 1 January 2024 |
492,248 - - - |
|---|---|
| 492,248 | |
| 2,336 1,318 - |
|
| 3,654 | |
| **488,594 ** | |
| 489,912 |
.
Fixed Assets comprise freehold property at 13 Invicta Close, purchased in May 2023 at an original cost of £437,500, plus costs of refurbishment of £48,158.
Other fixed assets include a CCTV security system (£900) which is depreciated by £300 per year over five years and an alarm system (£2,036) which is depreciated by £1,018 per year over 5 years.
4. Debtors
| Gift Aid recoverable Rent income receivable Total |
2024 2023 6,660 7,754 - 588 |
|---|---|
| 6,660 8,342 |
Page 9
Parochial Church Council of Chislehurst Financial Statements for year ended 31 December 2024
Notes to the Financial Statements
5. Current assets
Current assets comprise cash held in various bank accounts. An amount of £327,700 is currently held with the CCLA in the CBF Church of England Deposit Fund. The deposit rate as at 31 December 2024 was 4.68% A.E.R.
6. Liabilities
| Liabilities | |
|---|---|
| Amounts falling due within one year Accounts Payable Agency collections Total |
2024 2023 5,440 10,430 - 1,645 |
| 5,440 12,075 |
Page 10
Parochial Church Council of Chislehurst Financial Statements for year ended 31 December 2024
Notes to the Financial Statements
7. Fund Details - A summary of the fund movements and balances is included in these accounts in the Statement of Financial Activities.
Unrestricted Funds
General Fund - used for the general purposes of the PCC
Designated funds
Church Repair Fund - these amounts are held with the Diocesan in a Church Repair Fund
Mrijo Fund – to be used for the benefit of Mrijo Parish in Kondoa Diocese, Tanzania
Restricted Funds
Children’s Fund – funds held solely for furthering children’s work at the church
Families’ Minister Fund – held solely to contribute to the work of the Families Minister
Page 11
Parochial Church Council of Chislehurst Financial Statements for year ended 31 December 2024
Notes to the Financial Statements
| 8. Giving to mission societies, charities and others Bromley Evangelical Bromley Foodbank Church Mission Society Church Pastoral Aid Society Evangelical Alliance Footsteps International Friends of Rochester Cathedral Mission Aviation Fellowship Nsumbi Trust St Christopher’s Hospice Debt Advice Welcare Kintsugi Hope Hope for Rehoboth Anerley Ukraine Fund MRIJO Kondoa Diocese, Tanzania Friends of Marsabit Turkey Earthquake Appeal Transform Bromley Spinnaker TOTAL GIVING |
2024 2023 25 25 1,000 1,000 - 500 1,000 1,000 120 120 500 1,000 20 20 750 750 2,000 2,000 1,500 1,500 - 500 2,500 2,500 1,200 1,200 2,000 2,000 - 218 1,500 1,500 200 1,000 - 500 750 500 1,000 2,000 |
|---|---|
| 16,065 19,833 |
In addition, some collections at Christ Church are for specific beneficiaries and are passed on to them directly. The PCC acts as an agency and such funds do not form part of the resources of the PCC. In 2024 these were for The Children’s Society (£1,070), CPAS (£197), Sharon Brown (£385) Spinnaker Trust (£310) and St Christopher’s Hospice (£1,033).
Page 12
Parochial Church Council of Chislehurst Financial Statements for year ended 31 December 2024
Notes to the Financial Statements
9. Reserves Policy.
The PCC’s policy is to maintain general reserves representing several months’ expenditure, to enable it to continue to meet the normal running costs of the church in the event of a temporary shortfall in giving, donations and other income. In considering the appropriate level of reserves, the PCC has considered the normal fluctuation throughout the year of both income and expenditure, the extent to which commitments could be cancelled or reduced, and the need to meet unexpected expenditure on repairs to church and other buildings.
Page 13
Parochial Church Council of Chislehurst Financial Statements for year ended 31 December 2024
Notes to the Financial Statements
Independent Examiner’s Report to the PCC of Christ Church Chislehurst
This report on the accounts of the PCC for the year ended 31 December 2024 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.43 of the Charities Act 1993 (‘the Act’).
Respective responsibilities of trustees and examiner
As the members of the PCC you are responsible for the preparation of the accounts; you consider that the audit requirement of the Regulations and section 43(2) of the Act do not apply. It is my responsibility to issue this report on those accounts in accordance with the terms of the Regulations.
Basis of independent examiner’s report
My examination was carried out in accordance with the General Directions given by the Charity Commission under section 43(7)(b) of the Act and to be found in the Church guidance, 2006 edition. That examination includes a review of the accounting records kept by the PCC and a comparison of the accounts with those records. It also includes considering any unusual items or disclosures in the accounts and seeking 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 I do not express an audit opinion on the view given by the accounts.
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 41 of the Act; and
-
to prepare accounts which accord with the accounting records and comply with the requirements of the Act and the Regulations
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.
Christian Mole ACA, Chislehurst, Kent 12 April 2025
Page 14
Christ Church Chislehurst
End of Year Financial Statements
Year ending 31 December 2024
Christ Church, Chislehurst
Statement of Financial Activities
For the period from 01 January 2024 to 31 December 2024
| Unrestricted | Restricted | Endowment | Total | Prior year | |
|---|---|---|---|---|---|
| funds | funds | funds | funds | total funds | |
| Incoming resources | |||||
| Incoming resources from generated funds | |||||
| Voluntary income | 173,385 | 1,500 | — | 174,885 | 117,715 |
| Activities for generating funds | 37,977 | — | — | 37,977 | 34,946 |
| Investment income | 51,784 | — | — | 51,784 | 26,219 |
| Incoming resources from charitable activities | 6,196 | — | — | 6,196 | 7,088 |
| Other incoming resources | 182 | — | — | 182 | 13,208 |
| Total income | 269,527 | 1,500 | — | 271,027 | 199,177 |
| Resources used | |||||
| Cost of generating funds | |||||
| Cost of generating voluntary income | 271 | — | — | 271 | 329 |
| Investment management costs | 902 | — | — | 902 | 7,801 |
| Charitable activities | 210,737 | 1,009 | — | 211,747 | 227,347 |
| Other resources used | 1,318 | — | — | 1,318 | 22,379 |
| Total expenditure | 213,228 | 1,009 | — | 214,238 | 257,857 |
| Net income / (expenditure) resources before transfer | 56,298 | 490 | — | 56,788 | (58,680) |
| Transfers | |||||
| Gross transfers between funds - in | 4,000 | — | — | 4,000 | 9,710 |
| Gross transfers between funds - out | (4,000) | — | — | (4,000) | (9,710) |
| Other recognised gains / losses | |||||
| Net movement in funds | 56,298 | 490 | — | 56,788 | (58,680) |
| Reconciliation of funds | |||||
| Total funds brought forward | 842,316 | 6,742 | — | 849,058 | 907,738 |
| Total funds carried forward | 898,614 | 7,232 | — | 905,847 | 849,058 |
| Represented by | |||||
| Unrestricted | |||||
| General fund | 877,964 | — | — | 877,964 | 826,077 |
| Designated | |||||
| Church Repair Fund | 19,818 | — | — | 19,818 | 15,221 |
| Holiday at Home | 578 | — | — | 578 | 763 |
| Ladies Events | 42 | — | — | 42 | 42 |
| MRIJO Fund | 30 | — | — | 30 | 30 |
| Mens Events | 181 | — | — | 181 | 181 |
| Restricted | |||||
| Children's Fund | — | 2,642 | — | 2,642 | 2,797 |
| Children's Fund - New Mums Group | — | 1,575 | — | 1,575 | 879 |
| Clock Fund | — | 150 | — | 150 | 150 |
| Community Lunch | — | 255 | — | 255 | 255 |
| Families Children Youth (FCY) Fund | — | 2,260 | — | 2,260 | 2,260 |
| JRuthven Flowers | — | 350 | — | 350 | 400 |
| Total funds | 898,614 | 7,232 | — | 905,847 | 849,058 |
There may be minor discrepancies in the totals if the pence are not being shown
27 March 2025 Page 2
Christ Church, Chislehurst
Analysis of income and expenditure Selected period: 01 January 2024 to 31 December 2024
| Total | |||||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Designated | Restricted | Endowment | This year | Last year | ||
| Incoming resources | |||||||
| Incoming resources from generated | funds | ||||||
| 0101 - Gift Aid - Bank | 92,517 | — | 500 | — | 93,017 | 74,154 | |
| 0102 - Non Gift Aid - Bank | 1,960 | — | — | — | 1,960 | — | |
| 0210 - CAF/Stewardship giving | 2,020 | — | — | — | 2,020 | 1,750 | |
| 0301 - Loose plate collections | 13,329 | — | — | — | 13,329 | 12,042 | |
| 0501 - One-off Gift Aid gifts | 10,843 | — | 1,000 | — | 11,843 | 7,496 | |
| 0503 - one-off donations (non Gift Aid) | 649 | — | — | — | 649 | 33 | |
| 0601 - Tax recoverable on Gift Aid | 30,218 | — | — | — | 30,218 | 20,593 | |
| 0701 - Legacies | 21,234 | — | — | — | 21,234 | — | |
| 0901 - Other funds generated | 612 | — | — | — | 612 | 1,644 | |
| 0910 - Fund raising events | — | — | — | — | — | 22 | |
| 1240 - CCCC lettings - non-church | 37,977 | — | — | — | 37,977 | 34,923 | |
| 1020 - Bank and building society | 17,432 | 596 | — | — | 18,029 | 12,875 | |
| interest | |||||||
| 1030 - Rent from lands or buildings | 33,755 | — | — | — | 33,755 | 13,344 | |
| Incoming resources from | 262,550 | 596 | 1,500 | — | 264,647 | 178,880 | |
| generated funds Totals | |||||||
| Incoming resources from charitable | activities | ||||||
| 1101 - Fees for weddings | 531 | — | — | — | 531 | 1,095 | |
| 1105 - Fees for funerals | 3,232 | — | — | — | 3,232 | 2,788 | |
| 1106 - DBF Fees | (2,062) | — | — | — | (2,062) | (1,652) | |
| 1120 - U11, donations | 3,542 | — | — | — | 3,542 | 3,937 | |
| 1130 - U11 fees for activities | 103 | — | — | — | 103 | 796 | |
| 1160 - Engage, fees for activities | 234 | — | — | — | 234 | — | |
| 1210 - Bookstall sales | 200 | — | — | — | 200 | 122 | |
| 1230 - CCCC lettings - church related | — | 415 | — | — | 415 | — | |
| Incoming resources from | 5,781 | 415 | — | — | 6,196 | 7,088 | |
| charitable activities Totals | |||||||
| Other incoming resources | |||||||
| 1310 - Insurance claims | 182 | — | — | — | 182 | 13,208 | |
| Other incoming resources Totals | 182 | — | — | — | 182 | 13,208 | |
| Incoming resources Grand | 268,515 | 1,011 | 1,500 | — | 271,027 | 199,177 | |
| totals | |||||||
| Resources used | |||||||
| Cost of generating funds | |||||||
| 1710 - Bank Charges | 271 | — | — | — | 271 | 329 | |
| 1918 - 13 Invicta Close expenses | 749 | — | — | — | 749 | 671 | |
| 1919 - 13 Invicta Close | 153 | — | — | — | 153 | 7,130 | |
| Repairs/Maintenance | |||||||
| Cost of generating funds Totals | 1,173 | — | — | — | 1,173 | 8,130 |
There may be minor discrepancies in the totals if the pence are not being shown
27 March 2025 Page 3
| Total | |||||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Designated | Restricted | Endowment | This year | Last year | ||
| Charitable activities | |||||||
| 1810 - Ministry parish share etc | 94,692 | — | — | — | 94,692 | 71,016 | |
| 1820 - Giving to missionary societies | 8,565 | — | — | — | 8,565 | 7,115 | |
| 1830 - Giving - relief and development | 7,500 | — | — | — | 7,500 | 12,718 | |
| agencies | |||||||
| 1850 - Subscriptions | 2,217 | — | — | — | 2,217 | 1,540 | |
| 1903 - Working expenses of incumbent | 527 | — | — | — | 527 | 247 | |
| 1905 - Vicarage expenses | 5,078 | — | — | — | 5,078 | 4,367 | |
| 1907 - Vicarage repairs/maintenance | 217 | — | — | — | 217 | 2,542 | |
| 1931 - Families Ministry Employment | 14,524 | — | — | — | 14,524 | 13,961 | |
| costs | |||||||
| 1933 - Families Ministry Working | 338 | — | — | — | 338 | 143 | |
| expenses | |||||||
| 1935 - Families Ministry other expenses | — | — | — | — | — | 276 | |
| 1941 - Administrator Employment costs | 9,052 | — | — | — | 9,052 | 9,575 | |
| 2110 - Sunday School expenses | 1,255 | — | — | — | 1,255 | 680 | |
| 2120 - U11 (free activities) | 741 | — | — | — | 741 | 1,320 | |
| 2130 - U11 (charged for activities) | 75 | — | — | — | 75 | 950 | |
| 2150 - Engage (free activities) | 17 | — | — | — | 17 | — | |
| 2160 - Engage (charged for activities) | 353 | — | — | — | 353 | — | |
| 2201 - Parish training | 98 | — | — | — | 98 | 30 | |
| 2203 - Prayer Ministry | 81 | — | — | — | 81 | — | |
| 2205 - Local outreach work | 356 | 600 | 959 | — | 1,915 | 541 | |
| 2208 - Worship Ministry | 358 | — | — | — | 358 | 666 | |
| 2210 - General Ministry Expenses | 382 | — | — | — | 382 | 482 | |
| 2220 - Catering expenses | 940 | — | — | — | 940 | 823 | |
| 2303 - Church office - Stationery | 181 | — | — | — | 181 | 281 | |
| 2305 - Church office - computers | — | — | — | — | — | 60 | |
| 2307 - Church office - copying/printing | 1,040 | — | — | — | 1,040 | 676 | |
| 2310 - Church office - telephone | 1,283 | — | — | — | 1,283 | 1,343 | |
| 2312 - Church Office - other expenses | 1,963 | — | — | — | 1,963 | 2,080 | |
| 2350 - Upkeep of churchyard | 75 | — | — | — | 75 | 12,051 | |
| 2405 - Church - insurance | 7,976 | — | — | — | 7,976 | 7,623 | |
| 2410 - Church running - gas | 5,029 | — | — | — | 5,029 | 5,649 | |
| 2415 - Church running - electric | 2,916 | — | — | — | 2,916 | 2,990 | |
| 2430 - Church maintenance | 4,732 | — | — | — | 4,732 | 10,700 | |
| 2435 - Church Cleaning | 3,160 | — | — | — | 3,160 | 2,222 | |
| 2440 - Church service expenses | 570 | — | 50 | — | 620 | 593 | |
| 2450 - Organ / piano tuning | 417 | — | — | — | 417 | 604 | |
| 2503 - Bookstall costs | 150 | — | — | — | 150 | 171 | |
| 2530 - CCCC - electricity | 15,484 | — | — | — | 15,484 | 19,990 | |
| 2540 - CCCC - gas | 6,180 | — | — | — | 6,180 | 11,344 | |
| 2560 - CCCC - maintenance | 6,084 | — | — | — | 6,084 | 11,825 | |
| 2570 - CCCC - water | 521 | — | — | — | 521 | 752 | |
| 2580 - CCCC - Cleaning | 4,995 | — | — | — | 4,995 | 5,101 | |
| 2590 - CCCC - other expenses | — | — | — | — | — | 11 | |
| 2840 - Flat expenses | — | — | — | — | — | 888 | |
| 2850 - Flat maintenance | — | — | — | — | — | 1,386 | |
| Charitable activities Totals | 210,137 | 600 | 1,009 | — | 211,747 | 227,347 | |
| Other resources used | |||||||
| 2315 - Professional, Legal and | — | — | — | — | — | 19,844 | |
| associated costs | |||||||
| 2910 - Depreciation | 1,318 | — | — | — | 1,318 | 1,318 | |
| 2911 - Fixed asset write offs | — | — | — | — | — | 1,216 | |
| Other resources used Totals | 1,318 | — | — | — | 1,318 | 22,379 |
There may be minor discrepancies in the totals if the pence are not being shown
27 March 2025 Page 4
| Total | |||||||
|---|---|---|---|---|---|---|---|
| Unrestricted | Designated | Restricted | Endowment | This year | Last year | ||
| Resources used Grand totals | 212,628 | 600 | 1,009 | — | 214,238 | 257,857 |
There may be minor discrepancies in the totals if the pence are not being shown
27 March 2025 Page 5
Christ Church, Chislehurst
Balance sheet (Summary) As at: 31 December 2024
| As at 31/12/2024 £ |
As at 31/12/2023 £ |
|
|---|---|---|
| Fixed assets Tangible assets Current assets Debtors Cash at bank and in hand Liabilities Creditors: Amounts falling due in one year Net current assets less current liabilities Total assets less current liabilities Total net assets less liabilities Represented by Unrestricted Unrestricted - General fund Designated Designated - Church Repair Fund Designated - Holiday at Home Designated - Ladies Events Designated - MRIJO Fund Designated - Mens Events Restricted Restricted - Children's Fund Restricted - JRuthven Flowers Restricted - Children's Fund - New Mums Group Restricted - Clock Fund Restricted - Community Lunch Restricted - Families Children Youth (FCY) Fund Funds of the church |
488,594 488,594 6,660 416,033 422,693 5,440 417,252 905,847 905,847 877,964 19,818 578 42 30 181 2,642 350 1,575 150 255 2,260 905,847 |
489,912 489,912 8,342 362,879 371,221 12,075 359,146 849,058 849,058 826,077 15,221 763 42 30 181 2,797 400 879 150 255 2,260 849,058 |
There may be minor discrepancies in the totals if the pence are not being shown
27 March 2025
Page 6
Parochial Church Council of Chislehurst Financial Statements for year ended 31 December 2024
Notes to the Financial Statements
1. Accounting Policies
The financial statements have been prepared in accordance with the Church Accounting Regulations 2006, the Statement of Recommended Practice (SORP), “Accounting and Reporting by Charities” published in March 2005 (revised May 2008) and applicable accounting standards.
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 include the accounts of church groups that owe their main affiliation to another body, nor those that are informal gatherings of church members.
Funds
Endowment funds are funds, the capital of which must be maintained; only income arising from investment of the endowment may be used either as restricted or unrestricted funds depending upon the purpose for which the endowment was established.
Restricted funds represent income from trusts or endowments which may be expended only on those restricted objects provided in the terms of the trust or bequest, and donations or grants received for 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 each year must be carried forward as a balance on that fund.
Unrestricted funds are general funds which can be used for PCC ordinary purposes. Some funds may be designated for a particular purpose but may also be used for ordinary purposes if necessary. These funds are also designated as unrestricted.
Incoming resources
Planned giving, collections and donations are recognized when received. Tax refunds are recognized when the incoming resource to which they relate is received. Dividends are accounted for when receivable, and interest is accrued. All other income is recognized when it is receivable. All incoming resources are accounted for gross.
Resources used
Grants and donations are accounted for when paid over, or when awarded, if that award creates a binding or constructive obligation on the PCC. The diocesan parish share is accounted for when due. All other expenditure is generally recognized when it is incurred and is accounted for gross.
Page 7
Parochial Church Council of Chislehurst Financial Statements for year ended 31 December 2024
Notes to the Financial Statements
Fixed assets
Consecrated and beneficed property is not included in the accounts in accordance with s.96(2)(a) of the Charities Act 1993.
No value is placed on movable church furnishings held by the church wardens on special trust for the PCC and which require a faculty for disposal as these are regarded as inalienable property. All expenditure on consecrated and beneficed buildings and movable church furnishings, whether for maintenance or improvement, is written off as expenditure.
Other fixtures, fittings and office equipment used within the church premises are depreciated on a straight-line basis over five years with a full annual charge taken in the year of acquisition. Individual items of equipment with a purchase price of £1,000 or less are written off in the year of acquisition.
2. Staff Costs and Payments to PCC members
| Employment costs Accommodation costs Working exp |
Vicar - 5,295 527 |
Other staff 23,578 - 338 |
Total 2024 23,578 5,295 865 |
Vicar - 6,909 247 |
Other staff 23,537 - 420 |
Total 2023 23,537 6,909 667 |
|---|---|---|---|---|---|---|
| TOTAL | 5,822 | 23,916 | 29,738 | 7.156 | 23,957 | 31,113 |
The Vicar’s employment costs are paid by the Diocese of Rochester, funded through the PCC’s Parish Share contribution to the Diocese.
Most support costs are incurred solely for the work of the church and have therefore been allocated to activities directly relating to the work of the church.
Additional payments to PCC members :
During 2024 there were no additional payments to PCC Members.
Page 8
Parochial Church Council of Chislehurst Financial Statements for year ended 31 December 2024
Notes to the Financial Statements
3. Fixed Assets
| Gross Book Value At 1 January 2024 Additions Disposals Write-offs At 31 December 2024 Depreciation At 1 January 2024 Charge for the year Depreciation on disposals and write-offs At 31 December 2024 Net Book Value At 31 December 2024 At 1 January 2024 |
492,248 - - - |
|---|---|
| 492,248 | |
| 2,336 1,318 - |
|
| 3,654 | |
| **488,594 ** | |
| 489,912 |
.
Fixed Assets comprise freehold property at 13 Invicta Close, purchased in May 2023 at an original cost of £437,500, plus costs of refurbishment of £48,158.
Other fixed assets include a CCTV security system (£900) which is depreciated by £300 per year over five years and an alarm system (£2,036) which is depreciated by £1,018 per year over 5 years.
4. Debtors
| Gift Aid recoverable Rent income receivable Total |
2024 2023 6,660 7,754 - 588 |
|---|---|
| 6,660 8,342 |
Page 9
Parochial Church Council of Chislehurst Financial Statements for year ended 31 December 2024
Notes to the Financial Statements
5. Current assets
Current assets comprise cash held in various bank accounts. An amount of £327,700 is currently held with the CCLA in the CBF Church of England Deposit Fund. The deposit rate as at 31 December 2024 was 4.68% A.E.R.
6. Liabilities
| Liabilities | |
|---|---|
| Amounts falling due within one year Accounts Payable Agency collections Total |
2024 2023 5,440 10,430 - 1,645 |
| 5,440 12,075 |
Page 10
Parochial Church Council of Chislehurst Financial Statements for year ended 31 December 2024
Notes to the Financial Statements
7. Fund Details - A summary of the fund movements and balances is included in these accounts in the Statement of Financial Activities.
Unrestricted Funds
General Fund - used for the general purposes of the PCC
Designated funds
Church Repair Fund - these amounts are held with the Diocesan in a Church Repair Fund
Mrijo Fund – to be used for the benefit of Mrijo Parish in Kondoa Diocese, Tanzania
Restricted Funds
Children’s Fund – funds held solely for furthering children’s work at the church
Families’ Minister Fund – held solely to contribute to the work of the Families Minister
Page 11
Parochial Church Council of Chislehurst Financial Statements for year ended 31 December 2024
Notes to the Financial Statements
| 8. Giving to mission societies, charities and others Bromley Evangelical Bromley Foodbank Church Mission Society Church Pastoral Aid Society Evangelical Alliance Footsteps International Friends of Rochester Cathedral Mission Aviation Fellowship Nsumbi Trust St Christopher’s Hospice Debt Advice Welcare Kintsugi Hope Hope for Rehoboth Anerley Ukraine Fund MRIJO Kondoa Diocese, Tanzania Friends of Marsabit Turkey Earthquake Appeal Transform Bromley Spinnaker TOTAL GIVING |
2024 2023 25 25 1,000 1,000 - 500 1,000 1,000 120 120 500 1,000 20 20 750 750 2,000 2,000 1,500 1,500 - 500 2,500 2,500 1,200 1,200 2,000 2,000 - 218 1,500 1,500 200 1,000 - 500 750 500 1,000 2,000 |
|---|---|
| 16,065 19,833 |
In addition, some collections at Christ Church are for specific beneficiaries and are passed on to them directly. The PCC acts as an agency and such funds do not form part of the resources of the PCC. In 2024 these were for The Children’s Society (£1,070), CPAS (£197), Sharon Brown (£385) Spinnaker Trust (£310) and St Christopher’s Hospice (£1,033).
Page 12
Parochial Church Council of Chislehurst Financial Statements for year ended 31 December 2024
Notes to the Financial Statements
9. Reserves Policy.
The PCC’s policy is to maintain general reserves representing several months’ expenditure, to enable it to continue to meet the normal running costs of the church in the event of a temporary shortfall in giving, donations and other income. In considering the appropriate level of reserves, the PCC has considered the normal fluctuation throughout the year of both income and expenditure, the extent to which commitments could be cancelled or reduced, and the need to meet unexpected expenditure on repairs to church and other buildings.
Page 13
Parochial Church Council of Chislehurst Financial Statements for year ended 31 December 2024
Notes to the Financial Statements
Independent Examiner’s Report to the PCC of Christ Church Chislehurst
This report on the accounts of the PCC for the year ended 31 December 2024 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.43 of the Charities Act 1993 (‘the Act’).
Respective responsibilities of trustees and examiner
As the members of the PCC you are responsible for the preparation of the accounts; you consider that the audit requirement of the Regulations and section 43(2) of the Act do not apply. It is my responsibility to issue this report on those accounts in accordance with the terms of the Regulations.
Basis of independent examiner’s report
My examination was carried out in accordance with the General Directions given by the Charity Commission under section 43(7)(b) of the Act and to be found in the Church guidance, 2006 edition. That examination includes a review of the accounting records kept by the PCC and a comparison of the accounts with those records. It also includes considering any unusual items or disclosures in the accounts and seeking 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 I do not express an audit opinion on the view given by the accounts.
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 41 of the Act; and
-
to prepare accounts which accord with the accounting records and comply with the requirements of the Act and the Regulations
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.
Christian Mole ACA, Chislehurst, Kent 12 April 2025
Page 14