THE PAROCHIAL COUNCIL OF THE ECCLESIASTICAL PARISH OF ST PETERS, TUNBRIDGE WELLS Charity Number: 1131548 For the year ended 31 December 2024 Incumbent: Mike Warren The Vicarage, Bayhall Road, Tunbridge Wells TN2 4TP Bank: HSBC Bank PIC 105 Mount Pleasant Tunbridge Wells Independent Examiner: T Lane Director in M N Jenks & Co Limited Chartered Accountants 72 Commercial Road Paddock Wood Kent TN12 6DP
St Peter's Church PCC Year Ended 31 December 2024 The Parochial Council of the Ecclesiastical Parish of St Peter's Tunbridge Wells. Worklng Name: St Peter's, Tunbridge Wells Trustees Annual Report for 2024 Background St Peter's aims to promote the preaching and teaching of the gospel of Jesus Christ within the parish, and beyond its boundaries througih ihe work of a number of missionary societies. It seeks to maintain good relationships with other churches within the parish and town. It aims, as far as possible, to maintain a good community profile. Charitable Status and Governing Document The charity was registered with the Charities Commission on 8 September 2009 under the goveming7 document The Parochial Church Council Powers Measure (1956) as amended and The Church Representation Rules. Membership Members of the PCC are either ex officio or elected by the Annual Parochial Church Meeting (APCM) in accordance with the Governing document and the Church Representation Rules. Members of the PCC are also Trustees of the Charity. During7 the year the following served as members of the PCC: Incumbent: (Chaim]an) Michael Warren Assistant Minister: Philip Peddar Wardens: Cliff Nay (resigned w.e.t". 8.10.2024) Sally Poland Andy Colbran (elected 8.12.2024) Representatives on The Deanery Synod: vacant Elected Members Richard Akehurst (retired I1.4.2024) Lourdes Bragg (elected 12.4.2024) Anthony Burgess, Treasurer Michele Burgess Andy Colbran (12.4-7.12.2024) (elected Vice Chair 4.11.2024) Peter Fromow Rachel Fromow William Lane David Wakely Lindsey Sumpter Keith Waters (retired I1.4.2024)
St Peter's Church PCC Year Ended 31 December 2024 Shared Leadership Team The minister & churchwardens (ex-officio), plus 2 elected from the PCC. Flected members this year., Anthony Burgess, Phil Peddar (from 29.4.2024), William Lane (resigned 28.8.2024) Aims: to cary out the business of the PCC between meetings to oversee the provision of facilities necessary for St Peter's to fulfil its mission in a welcoming and safe environment to look in detail at finances and budgets and make recommendations to the PCC. Church Attendance The names of 96 Members appear on the revised Church Electoral Roll of whom 54 were not residenl within the parish. In person attendance of services ranges from higyh eighties to over l 00, with a handful of households and a group at a local r¢sidential home participatingy in services by Zoom. A few members of the church family who are housebound and not able to join services online appreciate the delivery of weekly prinled ordcrs of scrvice. Reviejv of the Year Meetings St Peter's PCC held l APCM and 7 meetings during 2024. Mission The church continues to attract new members, both believers and enquirers, particularly from those moving into the area. The PCC continued to support and pray for our mission links: Serving In Mission (SIM), People International (Pl). Crosslinks and Release International. St Peter's is a member of The Sussex Gospel Partnership and supports Oakhill Theological College and the training of Anglican ordinands Youth work The children and youth benefit from Sunday Bible Class¢s' occasional games nights for SPY (I I to 14 year olds); and a study group, CY, for 14 to 18 year olds. Historically, Bibles were presented to St Peter's School leavers each summer terni, but more recently they have been given to pupils joining Year 2 so they can be used throughout their time at school.
St Peter's Church PCC Year Ended 31 December 2024 Evangelism and Worship The vicar Mike Warren, the assistant minister Phil Peddar and the church family work together to spread th¢ gospel in the parish and to strengthen adult and youth teaching. Door- knocking in the parish, under the leadership of Phil Peddar, has led to new people attending services. Community St Pcter's School Governors: Mike Warren & Phil Peddar. A number of church members continued to serve the community in a quiet and godly way in local charities and ministering7 in sheltered housing and nursing homes. Adminlslratlon The church continues to be supported by Lourdes Bragg and Lindsey Sumpter in administrative matters. The role includes secretarial support for the Vicar, mana&Fing church hall lettings, record-keeping, purchasingF supplies. St Peter's uses a church management system, Churchbuilder for various administrative functions and, importantly, provides security of data. Churcb Fabric, Maintenance The church buildings were kept in good order by the Church Wardens, Richard Akehurst and Andy Colbran. lan Cochrane continues his many years of service maintaining the grounds, clocks and overseeing the condition of the bells in the tower. Policies & Risk Management Safeguarding Policies The Safeguarding Policy and associatcd procedures continue to be reviewed and updated in accordance with guidance from Diocese and National Safeguarding Team. The Parish Safeguarding Officer is Michele Burgess. All adults working with children and/or adults who may be vulnerable are recruited according to the Saler Recruitment Policy, including the appropriate DBS checks, carried out by Rachel Fromow. Health & Safety The PCC has a policy on Health & Safety which is reviewed regularly by the PCC and communicated to users of the halls and church buildings. Financial Reserves Policy During 2024 the PCC agreed to set aside £25,000 in a d¢signated contingency fund by way of reserve r¢pr¢senting approximately three months operating expenditure.
St Peter's Church PCC Year Ended 31 December 2024 Review of financial activiti¢s The accounts for the year ending 2024 show an overall deficit of £19,686 but a small surplus of £2,699 in the Unrestricted General Fund. The year end result would have been much better had it not been for necessary but unplanned spending of £25,500 on th¢ building. Reported in the accounts as 'Routine Maintenance, this figure included £14,61 5 spent on the church tower clearing vegetation and repointing the affected areas plus remedial work to the rear porch. In addition, £828 was spenl on extracting a swarn] of bees from the building. The main difference between the overall deficit and small surplus in the General Fund lies in spending £21,000 in consultancy fees in preparation for the rct"urbishment of'the Church building in 2025. These funds were taken from the 'Church Development Fund,. Income through regular givingi and donations as well as general operating expenditure ran much as planned at the beginning of the year. Despite some generous increases by parishioners regular giving through standing orders was down slightly by 2.5 % to £54,373. Sadly, these were not able to fully compensate for losses due to some members leaving or reducingi their giving. Once again Interest income from the PCC'S deposil with CCLA of £52,571 (£46,501, 2023) mad¢ a significant contribution to overall income representing 30 % of total funds received. The hire of the Church buildings also made an important contribution of £30.886 or 7.50/0 to the PCC'S overall income. The autumn church missionary appeal raised £5.081 (excluding glift aid) and this sum was dispersed among St Peter's mission partners in December. Funds During 2024 the PCC rearranged some of its funds to reflect the probable cost of work refurbishing the Church building and make provision for the possibl¢ purchase of a property for future work¢rs or provide a source of additional income. £375,000 of the monies held in the St Peter's Designated Church Development Fund were transferred to a new Designated fund entitled, Sl Peter's Housing Fund. This was supplemented by a transfer of £125,000 from the PCC'S Unrestricted General Fund to make a round £500,000. The Church Development Fund was reduced to £491,565. The General Fund was also reduced by a further £25,000 to create a new Contingency Reserve Fund representing 3 months operational overheads. 1.his figure will be enhanced by a further £5,000 in 2025. The Gordon Lavy Fund (£1 0.000) is restricted specifically to assist with the cost of refurbishing the Church foyer. It is expected this money will be used when th¢ Church refurbishment programme commences.
St Peter's Church PCC Year Ended 31 December 2024 2025 Budget A budget for the General Fund in 2025 takes a conservative view of income and expenditure and forecasts a small surplus of just under £ 1,000. Income by way of donations and regular giving is assumed to remain steady however a reduction in credit inkrest is anticipated reflecting transfers out of the main deposit account to pay for the start of refurbishment works during the summer months. Operdting expenditure is expected to rise by circa 5 % to cover general price rises however the PCC anticipates a reduction in outlay on routine maintenance by some £20,000 following last year's exceptional expenditure on repairs. Once again without the benefit of ¢dit interest the Church would see a deficit of between £35,000 to £40,000. The PCC is fully aware the church redevelopment programme n¢¢ds to bc carefully costed and planned to ensure there will be enough capital available to generate income sufficient to meet future operating expenses. Other matters Stewardship, London is responsible for the staff payroll. their duties also include making sure tax and pcnsion payments are made. Considering the financial position of the charity at 31 DecembL'r 2024, the expecled income and expenditure for 2025 and current level of unrestricted gieneral reserves. thL mcmbcrs of the PCC belicv¢ that it is appropriate to consider the charity a going conc¢rn trom the date of the approval of the accounts. The Trustees have complied with the duty in section 4 of the 2006 Charities Act to have due regard to the public benefit &yuidance published by the Charity Commission. Annual Report adopted by PCC on Chairnian: Mike Warren Date:
St Peter's Church PCC Year En IndepeRdeDI examlner'8 report ¢0 tke PCC of Si P¢ter'• Church, Tanbrldv Wdlj Cb*rity number 1131548 I reFx)rt to the trustees on my exarnination of the accounts of St Peter's Church (the Trust) for the year ended 31 Decembcr 2024 which are set out on 8 to 17of the 2024 Ac¢ounis . RupoDJlbilitleJ and hJl• of r¢port As the charity trustees of the Trust you are responsibl¢ for the prcparation of the accounts in accordw with the ffquirements of the Charities A¢t 201 L ('the A¢t'). I r¢kY)rt in respect of my examination of the Trust's aLxounts rrIed out under sectlon 145 of the 201 l Act and in carrying out my examinalion I have followcd all the applicable Directions 8iven by the ChaTity Comrnis5ion under slion 145(5Xb) of the Act. l•d¢p¢Md¢ut exADilner'& JtAterneDI I hove completed my examination. l ¢onfinn that no material mattets have come to my attention in connection with the examlnation givin8 me cause to lieve thal in any material l. acwintin8 rxcffds were kept in respect of the Trust as requir¢d by 8tttion 130 of the 2. the accounts do not ac¢ord with those ords. or 3. the accouniy do not comply with th¢ applicable requirements concerning the form and content of xcounts set out in the Charities {A¢counis and Reports) Regulations 2008 oth¢T than any requircment that the COUntS give a 'true and fair view which 1$ not a matter considered as part of an independent examination. I have no concerns and hav¢ come plross no other matters In conncction with the examination to which att¢nlion should drawn in this rewjrt in order to onable a proper undeNanding of the accounts to be fh¢d. T IAn¢ Director In MN Jenks & Co Llmltrd 72 Commercial Rc Paddk Wood Tonbrid8e Kcnl rN12 6DP r i ThlTrJ J¢-Q C L,ad
St Peter's Church PCC Year Ended 31 December 2024 Statement of Financial Activities Prior Unrestricted Designated Re$tri¢led Endowment funds funds funds funds Total funds ye&r tot41 funds Incorn¢ and ¢ndowmenls from: Incoming resources from donors 56,975 16.155 4,338 5,056 62.(136 16.155 5.859 66.093 18.003 21,425 Gift Aid Othcr voluntary in¢omin8 resources 30 1.491 Income from invc$tm¢ntq Income Irom charitablc and ancillary Iiudin Intome from non chariiable trading l)¢hLr (Trrdin4wy in¢omin8 fLsoufLes -rotl Income J2,571 52.571 46.-501 32.494 32.494 32.934 5.978 168.412 5.978 171,094 2,118 1117,07S 'xpendllure on: 3,360 54,722 1.066 101,3U2 1,213 5,365 20 .725 56.531 2,()99 101.302 10.225 40.466 Activi¢lLS dir¢ctly reluted io churLh work Muji)r rcpair% Siipends and Parish %hHre l.'und.rai5ing and publicit C'hurLh manu¥emLni and ¥dminisirg4tion Tot1 expenditure 1,789 1.633 1(10.518 1.720 20.160 16S.161J 1611,010 Net Income I (exndItUre) resoiirces before tranyfer 2,699 123.447) 1,162 119.6861 I'rnnsfe Ciros4 tNnsfers between lunds- in Jf17%s irs1cr.S hLIwLen lunds- out Other recognised I losyes CJ#ins on revdluaiion. fixed &85¢ts, charity 8 OWII USC N¢t movtmtnt funds Total fund$ brfjy%h¢ forwArd 5,247 526,(191 (151.015} {375,0061 531.338 16,219 (531.3381 (16,2191 15,317) 1143.1)681 173,151 14.1551 119,6116) .086,737 1,059.672 8417.nl I Total funds carrled fonvard 30,1)83 1,024,$48 12.420 ,067,051 1,086,737
St Peter's Church PCC Year Ended 31 December 2024 Tot1 c4rri¢d forw•rd 30.083 134.548 12.420 1,1kn7,Ib.$1 1,086,737 Repre8ented by [Inre$trlcted fj¢nero] lund 24.989 24,989 168,057 D¢slgn•l¢d Asyistani Minister Church Development Fund Loniingency Reserve Fund Di¢)ce5an R¢pdiT fund St 1'cr,8 t)iSCTCtionary Fund Si Per's Housing Trund Training & Developmeni Fund 491.565 25,0(X) 491,565 25.000 888,358 147 5(Y).000 7.835 147 500,000 7.835 147 8.505 Re4tricted Addiiiunal Agency Agency collcclion A55i%i#nt Minist¢r BiblL5 fvr Si P¢¢cr5 S¢ho(Trl Chiirch r)evelopmeni Fund GAD Lavy b'und Miysionary Giving St Peter's 14ousing Fund Tower fund Youth Camp Fund Youth Workcr Fund 200 12001 200 {2(X)} 200 {2c)} 94 10,000 1672) 94 10,000 16721 94 i 0,000 14881 2,419 2.419 4.149 5.672 5,672 7,913
St Peter's Church PCC Year Ended 31 December 2024 Balance Sheet tkscription 2024 2023 Current *ysets Bank curreni HSBC CCLA Deposit Elank deposii IISBC Accounts Re¢Livyble Totil I".urr¢nl a5Jeti 3.286 6,415 1,046,439 3,471 1fi.061 1,1169,256 1.054,247 10,091 18.Y40 1.089,693 Ll•bllllles Agency collections Accounis Payable Total l.14bililiey 2.950 Net Asyet surpluy ,067,0$1 1,0&6,737 Rtprtstnttd by funds Ci¢nerttl IllnrLsiriLILdl [kSiated R¢s¢rkct¢d Tot#1 30,083 1,024.548 12,420 ,067,041 173.151 897.011 16.575 ,0116,737 4{Pco_ 6.gL I QtAc-L -t[leC-7, Cl(Fh io
St Peterys Church PCC Year Ended 31 December 2024 Note I: AccountlDg Policies The financial statements of the PCC have been prepared in accordance with the Church Accounting Regulations 1997 as amended by ihe Church Accounting (Amendment) Regulations 2001 on an accruals basis. Funds General funds represent the funds of the PCC that arc not subject to any special restrictions regarding their use and are available for application to the bieneral purposes of the PCC. These include the separately analysed funds designated for a particular purpose by the PCC. The accounts include monetary transactions. assets and liabililies for which the PCC can be held reswnsible. They do not include ihe accounts of other Church groups thal owe an affiliation to another body, nor those that are informal biatherings of Church members, Balance Sheel The following assets are recognised but not necessarily valued in the Balance Sheet: Movable church furnishings held by churchwardens on special trust for the PCC and which require a faculty for disposal. Land and building7s held on behalf of the PCC. Freehold assets are included at historic valuation. Land is not deprecial¢d. Oth¢r fixtures. fittings and office equipment where the PCC is free to dispose of such &5sets without faculty and where the original cost exceeded £2,000.00. Investments held beneficially by the PCC. The following assets are recognis¢d and monetary value given as part of th¢ d¢scription in the Balance Sheet: Amounts owing from the Inland Revenue even if a fornial claim has noi been mad¢ Any other amounts invoiced and owing to the PCC including church hall lettings and insurance claim5. Legacies wher¢ fornial notification of entiilemenl and amount h&8 been received at 31 t)ecember by the PCC. C105ing bank balances. The following liabilities are recognised in the Balance Sheet: Any loans or overdrafts advanced to the PCC. Any arrear5 of Dio¢¢san Parish Share. Creditors for goods or services where Ihe supply has been received and invoiced by 31 D¢cemb¢r. li
St Peter's Church PCC Year Ended 31 December 2024 Nfjte 2: C.8xh and Bank B¥lwntes 2024 2023 £Stg Bank cent HSBC CBF ChurLh ofF:n81ond Deposit Fund Bank Deposit FISBC 3,286 1.046.439 3.471 6,415 1.054,247 TO'fAL 1,033,195 .070,753 Note 3: Ikblo GiftAidT 14,775 17,000 1,940 Waler Supply 1,286 TOTAL 16,061 18.940 Note 4: Dlxelosablt Tr#nsaetloTrJ IndepeDden¢ b.xaminer'4 Fees 720 12
St Peter's Church PCC Year Ended 31 December 2024 Note 5 . Fund movement by type Opening Ineoming Outgoing Transfers GainslLosses Journals Closing Contingency Fund Designated 25.(X)O 25,000 2SOOO St Peter's Di4eretlonary Fund IksiBnat¢d 147 J47 147 147 Dlocesin Reir Fund Designated 51 Peter'8 FIou8lng Fund tX.si8naled Restricled 5(M).IM)O 500.(K)O 500.000 TrAlnln% & l)evtlopmtnt Fund Desi8nad 670 6711 7,S35 7035 8,505 A%¢n¢y RistTiCted 200 2110 200 200 Jenerl Trund Unrestric*d 168,512 168.412 165,813 1145,7671 168.813 1145,7671 30,083 30,013 173.lfl Agency Coll¢ttlon Restricted (2001 12(KJl Tower Fun R¢stri¢t¢d 4,149 4.149 1.290 .290 20 20 13,(X)01 {3.0110) 2,419 2AIg Youth R¢stricted 2,241 2,241 12,2411 12,241) Blbles for St Peter's Sthool l)csignated Restricted 30 76 450 420 175) 13
St Peter's Church PCC Year Ended 31 December 2024 St Peter's Church Development Tr und Designaied 888.358 Rcstrictcd 21.793 1375,0001 491.565 8811.358 21.793 1375,lJOOI M1891onAry Clving Trund Dcssgn¥tLd Restricled (51 184 1.5) C'AD l.Avy Fynd R¢stricl¢d 10,o¢Jo 10.000 10,000 10,000 A5JlstAftt Mlnlster Fund DL'5ignulcd Re%tricied Youth exmp fund Dcsi8llDted 670 670 67U 670 GraDd 'l'otal 1.0116,737 194.780 l.Q67,0fj1 14
St Peter's Church PCC Year Ended 31 December 2024 Note . 6 Analysis of Income and Expenditure Total Unrestricted Designated Restrleted Endowment Thls year L&st year INCOME AND ENDOWMENTS FROM: Inc(trmirtg rel0utY from donors Incomc tax recovered Regular giving Env¢lop¢ 8¢hem¢ C'hurch LollLLiions Mission C'olleLlion4 Incoming reyouretg from donors 16,155 54.373 305 2.277 20 16.155 54.373 305 2.277 5.081 18.003 55,837 405 2.907 6.884 5.056 73,130 78,191 84,1196 Othtr volunl4ry incoming ttwureey SuDdTy t)onations Children and Youih Daddy & Me Other voluntary lthcomlnK r¢Joyr¢tJ TDt•b 4,070 27 242 30 1.491 5.591 27 242 21.084 100 242 4J38 30 1,491 4&49 21,421 Ineome from Inv¢strnent5 Inl¥rLst rLciivcd Income from Investments I'# 52.571 .$2.471 46.501 46.101 .$2.57] ltscome from ¢b4rit•ble and Ancillary trAdlnR 8JlL of BIM)ky & Cards Hall Incon)c Church Family Events IncTrme from chArltbl¢ and 4n¢lllry Irxdlrtg'l'o1415 236 30.886 1,372 236 30,886 1.372 419 30,579 1.936 32A94 32AY4 32,934 Other ordlnary IneomlnR r¢i(tryr¢e$ FLe5 weddin85 Lt Insurance Incom Other ordlnAry Incoming r¢souTfey 'I'ol*l 2,318 3,46Q 2,518 3,461Tr 2,118 2.118 Incomt ind endowmenty Grlnd tot#1 168,812 6.V7 174,1194 IX7,117S 15
St Peter's Church PCC Year Ended 31 December 2024 EXPENDITURE ON: Grants Mi5sionury Societies lome mission 5.365 6.500 2.225 7,(X)O 3,225 2.225 3J60 Gr4nts Tota15 Actlvltles dlrectly related l• ¢hur¢b work Major Repairs Diocesan Board of Fin8n¢e Fee5 Vic8ra8¢ Costs Diocesan Common Fund Assistant Minister l.'xpenses As8i%tanl Minister Sdlary L'l¢aning t4ooks and Licenc¢s Truining & Peupl¢ D¢v¢lopm¢iit Outr¢ach Printin Vi¢ars l.'xpenses Church (1, Electricity & Wai¢r Roulinc Mainicnance Chur¢h Insurance Lay Stall-cosis C'hildren ond Youth Worship l-:vgn8elism Daddy & ML c()%1 Ac¢lvltle8 dlre£tly related to church rk'fotgts 1,066 1,633 2,699 545 1,158 1,045 3,722 3.364 57.750 55.000 102 402 38,570 40,707 3,829 235 922 4,609 899 2,8.15 219 322 637 985 7.238 25.582 4,264 10.-551 1,361 3,722 57,750 102 38.570 3,82Y 922 229 219 637 7,238 25.562 4.264 10,551 242 670 20 2,500 4,1(12 12.663 1,120 202 295 124 124 244 3A22 20 160.432 141 J29 und-rllftg Thd pyblitlty 1319- Church l-.amily l-.vLnts 1323 . Bo(Iks & Card PUTcha%¢s f(TrT sale nd-raiJin% and publlelty I'(>tls 1,159 54 1,213 1,159 -54 lJ13 1.193 527 1.7211 C.'hur¢h m4n¥¢ment ind adrnlnlstrA(Ioo ,xpenses- Administration .Siation¢ry & l)osthge ank & Cd Reader Charges Architects fees Ilospitality PLC Church rngngg¢m¢nl And dministralion 'l'otg1$ 2,681 498 2.681 498 4,463 478 120 20,160 20,160 140 720 140 720 635 840 20,1611 24J10 .%pendilure Grand totats 16.5.813 23.582 194.780 160.010 16
St Peter's Church PCC Year Ended 31 December 2024 ote 7: Staff Costs The Vicar is an Office Holder paid by ihe Church Commisstoners. The PCC make a payment to the Church Commissioners equivalent to the salary and pension contributions paid. During 2024 th¢r¢ was only one member of stsff directly employed by the PCC. 2023 2024 Staff remuneration Tothl 45.072 i8,570 Note 8 . Transactions with PCC members l ) During the financial year members of the PCC made donations to the Charity without conditions tolalling £25,500. 2) The following meinbers of the PCC receive remuneration from ihe PCC Name Role for which remuneralion is received Mr P P¢ddar Assistant Minister The conlra¢t under which this Trustee is employed by the PCC is the same as for those other staff with similar role5. No Trustee5 receive remuneration for their roles as Trustees. 3) During the year the following members of Ihe PCC were reimbursed expenses incurred in undertaking their roles for the Church. Rev M Warren £637 P Peddar £102 Trdvel, phone and office expenses 17