2020-12-31-accounts

Mem	bers oft	he PCC	&Charity	Trustees
The	following	served	throughout	2020 and to the date	this report was approved:
				The Revd Nigel Bourne	(Vicar ofChalk	&PCC Chairman)
				Barbara Millatt	(Churchwarden	&PCC Vice-Chair)
				Steve Quinton	(Churchwarden)
				Martin Lake	(Treasurer)
				Emily Bourne	(Deanery Synod	Representative)
				Karl Addy	(Deanery Synod	Representative)
				Christoph Bull	(Assistant Churchwarden)
				Jenny Ellett	(Assistant Churchwarden)
				Julie Garrod	Mike Hammock
				Anne Wilkinson	Ram Patla
				Mark Addy	Albert Ellis

				Unrestricted	Restricted	Endowment	TOTAL	TOTAL
			note	funds	funds	funds	2020	2019
INCOME 88ENDOWMENTS:
Donations and legacies
Voluntary income			2a	56,426	2,321		58,747	68,603
Activities for generating funds			2b	2,761	259		3,020	14,272
Income from investments			2c	348	0		348	338
Church Activities			2d	16,463	1,114		17,577	47,625
	TOTAL INCOME			75998	3,694	0	79602	130038
EXPENDITURE:
Church activities			3a	82,198	9,378	0	91,576	128409
Raising Funds			3b	40	1,550	0	1,590	11,736
TOTAL	EXPENDITURE			82238	10928		93,166	140 145
NET INCOMING/ (OUTGOING)		RESOURCES		(6,240)	(7,234l)	0	(13,474)	(9,307)
GAINS AND (LOSSES) ON INVESTMENTS				0	0	395	395	906
NET MOVEMENT OF FUNDS				(6,240)	(7,234)	395	(13,079)	(8,401)
BALANCES BROUGHT FORWARD AS AT
	1	jANUARY 2020		577,347	175,058	5,751	758,156	766,557
BALANCES CARRIED FORWARD
31DECEMBER 2020				~71107	167024	6,146	74~,077	750106

LANCE SHEET A	T3	1DECE	MBER 202	0
					Note	2020		2019
FIXEDASSETS
Tangible	fixed assets				5		671,298		682,351
Investment		assets			sb		6,146		5,751
							677,444		688,102
CURRENT ASSETS
Debtors						22,580		12,913
Short term		deposits				17,727		15,666
Prepayments						0		700
Cash in	hand					46,956		62,669
						87,263		91,948
SHORT TERM LIABILITIES:
amounts	due within		1year		9	19,630		21,894
NET CURRENT ASSETS							67,633		70,054
LONG TERM LIABILITIES
amounts	due within		more than	1year	Ba
NET ASSETS							745,077		758,156
FUNDS
Unrestricted							571,107		577,347
Restricted							167,824		175,058
Endowment							6,146		5,751
TOTAL EQUITY							745,077		758,156

2		INCOME tk ENDOWMENTS	INCOME tk ENDOWMENTS	INCOME tk ENDOWMENTS	Unrestricted	Restricted	Endowment	TOTAL	TOTAL
Note					funds	funds	funds	2020	2019
					I	I	I	I	I
		Voluntary income
2a		Planned giving:
		Gift Aid donations			37,750	0		37,750	37,840
		Tax recoverable			9,861	0		9,861	11,914
		Collections (open plate)			4,173	0		4,173	11,774
		Grants			0	1,000		1,000	3,881
		Donations, appeals, etc.			4,642	1,321		5,963	3,193
		Legacies				0		0	0
					56,426	2,321	0	5' 747	68/603
2b		Activities for	generating	funds
		Bookstall/Mag	Adverts		196	259		455	719
		Summer Fete			0	0		0	4,016
		Firework Display			0	0		0	4,997
		Christmas Bazaar			491	0		491	2,034
		100Club			1,734	0		1,734	1,568
		Teas/Coffees			145	0		145	869
		Other			195	0		195	70
					2,761	259	0	3,020	14,272
2c		Income from	Investments
		Investment income			0			0	0
		Bank deposit interest			348			348	338
		Misc Income			0			0	0
					348	0	0	348	338
2d		Income from	church activities
	12	Church hall lettings etc.			12,690	0	0	12,690	30,323
		Fees (Weddings	lk Funerals)		3,773	0	0	3,773	11,003
		Take-a-Break			0	1,114	0	1,114	6,299
					16~463	1~114	0	17g577	47g625
		Total Income			75g998	3g694	0	79/692	130g837

3	EXPENDITURE							Unrestricted	Restricted	Endowment	TOTAL	TOTAL
Note								funds	funds	funds	2020	2019
3a	Church Activities
	Missionary and charitable			giving
	Overseas
	Overseas relief		and	development			agencies	1,561	0		1,561	1,840
	Home missions and	other societies						1,970	971		2,941	5,377
	Ministry
	Contribution to Loaves b Fishes		Rochester (puppet		Diocese ministry)			35,945 3,120	0 1,313		35,945 4,433	56,334 6,476
	Other costs							314	0		314	1,520
	Church running costs		ik maintenance					11,944	1,740		13,684	16,770
	Major repairs (tower		ik roof)					0	0		0	0
	Expenditure on parish		magazine			and	bookstall	247	0		247	180
	Upkeep ofother PCC		property					5,956	0		5,956	6,018
	Church hall running	costs						10,242	0		10,242	14,466
	Organists payments							500	0		500	795
	Administration including			professional			fees	2,482	422		2,904	2,081
	Printing and stationery							1,108	0		1,108	4,815
	Depreciation on hall	and		church		equipment		6,119	4,932		11,051	11,047
								81,508	9,378		90~886	127I719
	Support Costs
	Independent Examiner's			fee				690	0	0	690	690
								82,198	9,378		91~576	128I409
3b	Raising funds
	Christmas Bazaar								0	0	4	557
	Firework Display							0	0	0	0	3,747
	Summer Fete							0	0	0	0	834
	Fund Generation - Other							0	0	0	0	13
	Costs of stewardship		campaign					36	0	0	36	36
	Take-a-Break							0	1,550	0	1 51st	6 511
								40	1,550	0	1~590	1ii736
	TOTAL RESOURCES EXPENDED							82g238	10I928	0	93/166	140~145

31	DECEMBER 2020
5	FIXED ASSETS FOR USE	BYTHE PCC
			Freehold land	Church	PaintincaPs	TOTAL
Sa	Tangible fixed assets		d 0 td %	M4w t	st I
	Actua I/deemed costs
	at 1Jan 2020		799,518	38,785	1,100	839,403
	additions		0	0	0		0
	disposals		0	0	0		0
	at 31December 2020		799,518	38,785	1100	839,403
	Depreciation
	at 1January	2020	127,716	29,337	0	157,053
	charge for the year		9,414	1,637	0	11,051
	Adjustment						1
	disposals			0	0		0
	at 31December 2020		137 130	30,974	0	168,105
	Net book value
	at 31December 2020		662 388	7,811	1,100	671	298
	at 1January	2020	671,802	9,448	1100	682,350

Parish	Hall					1%
Parish	Hall	equipment				5-10%
Church	equipment					20%
Church	Barns					3%
Land and		paintings,	etc. are	not depreciated.
fixed assets
in the	year
e
		at 1January		2020	5,751
		revaluation	gain or loss		395
		at 31December		2020	6,146

The holding at 31December 2020 was 30 for the maintenance ofthe chancel.	The holding at 31December 2020 was 30 for the maintenance ofthe chancel.	0 units in CBFChur	ch of Englan	d Investment	Fund
ANALYSIS OF NET ASSETS BY FUNDS		unrestricted	restricted	endowment	TOTAL
		funds	funds	funds	2020
Fixed assets for Church	use	507,037	164,261		671,298
Investment fixed assets				6,146	6,146
Current assets		69,745	17,517		87,263
Current liabilities		-5,676	-13,954		-19,630
		571,107	167,824	6,146	745,077

																2020	2019	2019
7 Donations in kind
Volunteers contribute in			many		ways to support the			church		ministry.			The following
roles are carried out by volunteers						- Church	Warden,		Organist,		Hall		Manager,
Hall Secretary, Treasurer,		Verger,		Choir Master, Event			Organisers,		Church	Cleaners,			Bell ringers.			0		0
8 Debtors
Gift Aid - HMRC																21,411	10,000
Hall rents																1,169	1,903
Accruals																0	1,010
																22,580	12,913
9 Liabilities amounts		fallin		due within one			ear
Accruals																3,885	10,349
Creditors																3,521		956
Grant by KCC deposited			with		PCC for 'Chalk'		village	sign								480		480
Hall deposits																40		60
Hands ofCompassion funds																10,204	7,549
Deferred income																1,500	2,500
																19630	21,694
9a Liabilities amounts		due	within		more than 1 ear
Hall car park is leased at			6220 per annum
10~9i 1dr d
Within unrestricted	funds		are		balances as provision			for necessary				repairs to the		church	hall and a
similar repair fund	for the fabric ofthe church. Transfers are made												regularly to	provide
maintenance funds	for the			buildings.										31.12.19		Xfer In	Xfer Out		31.12.20
														6		6	I		I
Hall repair fund														9,856		850	0		10,706
(Saved from general		giving		and tobe used			as and	when repairs				are required)
Church repair fund														5,788		1,211			6,999
(Saved from general giving in quinquennial survey.)				and to be used			tosatisfy		repairs noted
Organ Fund
(Saved from general		giving		and tobe used			to replace		electronic			organ)		3 000		1,000			4,000
Total														18,644		3,061	0		21,705

Fund details
						As at				As at
Restricted funds / assets						31.12.19				31.12.20
Purpose and Trust Law restriction.							Income	~ax ense	xfer
~ Village Hall asset: ((fear Garden)						4,705	0	-420		4,285
Provision of play area for pre-school.				KCC grant
~ Village Hall asset: (Air con equipment)						4,800		-600		4,200
Climate control. Donor restriction
~ Take a Break: (A ciofr aeilirarerf fo the	chorch)					77'i	1,114	-1,550		338
Community outreach project. Self			funded.
~ Church Maintenance Fund: (/anne	anrf		contentsimprovement)			1,119	0	-1,119
Church upkeep. Legacy restriction.
~ Fixed assets for Church use: (Ianct		earn hoiiriings			artworks)	157,600	0	-3,000		154,600
~ Roof lk Tower: (Rag (onri+ mor ionrf)						990	1,000	-1,374		616
Repairs and Flag renewals: Appeal			restriction.
~ Hall Car Park: (maintenance}						367	0			367
Tree planting and maintenance.		KCC grant			restriction
~ Cof E Children's Society						0	971	-971
Street collection appeal. Donor	restriction
~ Organ Fund						105				105
For replacing the organ in 2027.		Appeal restriction.
~ Flowers						229	0	-159		70
Flower displays. Donor restricted
~ Chalk Booklet. Appeal restriction.						163	259	-422
To cover production cost
~ Events. Appeal restriction						0	0
To cover production cost
~ Graveyard/Garden of Remembrance						0	150			150
Donor restricted
~ Hall Maintenance						1,000	200			1,200
Donor restricted
~ Mission lk Ministry Fund						3,206	0	-1,313		1,893
Puppet ministry
				Totals		175,058	3,694	-10,928		167,824