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