Chalk Church (St Mary the Virgin. Chalk) an Anglican Church in the Diocese of Rochester anda Reglstered Charity Registration Number 132081 Ir fil Annual Report & Financial Statements for the year ended 31 December 2024 'Lifting High the Cross, Growing, Reaching Out & Stronger Chalk Church in Christ by dnl Word Deed
Contents Part One: Reference and Administrative Details Vicar's Preface Introduction: Structure, Governance & Management Aims & Purposes Achievements & Performance Financial Review Reserves Policy Various Matters including Risk Assessments and the Future PartTwo: Financial Statements (The Annual Accounts with explanatory notes and Independent Examiner's Report) Cover Photographs - Scenes from 2024 Top: Celebrating 30 Years of Take-a-Break Middle: Artists, Group Using the Parish Hall Thanking Janet & Michael at a Parish Lunch Mark after his Ordination as a PriesUPresbyter with Carol & Nigel Bottom: Nativity Tableau on Christmas Eve The Whole Armour of God (Ephesians 6)- Ram Illustrates the Reading Summer Fete on St Mary's Woodland
Annual Report and Financial Statements of PCC Chalk 2024 St Mary the Virgin. Chalk Annual Report a Financial Statements of the PCC for the year ended 31st December 2024 Part One Reference and Administrative Details Name: The Parochial Church Council of the Ecclesiastical Parish of Sl Mary the Virgin, Chalk (known as PCC Chalk - a Registered Charity - registration number 1132081} Locatlon: The Parish Church. Barns and Woodland are located at Ctturch Lane, Chalk, Gravesend. Kent DA12 2NL Chalk Parish Hall is located al Pirrip Close, Chalk, Gravesend, Kent DA12 2ND Address for Correspondence: The Vicarage, 2A Vicarage Lane, Chalk, Gravesend, Kent OA12 4TF Membors of the PCC & Charlty Tru$t&e8 The following served throughoul 2024 and to the date th13 report was approved: The Revd Nigel Bourne (Vicaf of Chalk & PCC Chairman) Barbara Millatt (Churchwarden & PCC Vice-chairl (Churchwarden) {Assistant Curate} {Treasurerl IDean6ry Synod Represenlalivel (Deanery Synod Representative) (Assislanl Churchwardenl (Assislanl Churchwardenl Mark Addy Suzanne Smit Steve Quinton The Revd Dr Mark Morgan Ram Palla Karl Addy Emily Bourne Christoph Bull Jenny Ellett Jane Abrehart Martin Lake Anne Wlkinson In addltlon to the above, the following served from May 2024 Mike Hammock In addition to the above, the followlng served untll May 2024 Duncan Garrod Philippa Pery Claire Youells Bankg Independent Examlngr Tanja Lawes Carleys Second Floor South, The Fitted Rigging House Anchor Wharf The Historic Dockyard Chatham Kent ME4 4TZ National Weslminster.. Natwest Business Banking PO Box 16204 Birmingham 82 2WP Barclays.. Barclays Bank plc 1 Churchill Place London E14 5HP Part One- Page 1
Annual Report and Financial Statements of PCC Chalk 2024 Preface by the Vicar of Chalk, Chairman of the PCC - Review of 2024 2024 was not all bad (the summer Olympics in Paris was probably a highlight) although there was much lo cause concern. Many national elections saw newer parties and 'oulsider' candidates gaining ground. A desire for'change, was in the air. In some countries gains were made by the cenlre-right and far right. In the UK the Conservative party called an earlier-than•expected general election and was heavily defeated. The Labour Party won a landslide victory on a low percentage of the vote with significant gains for the Liberal Democrats and gains for the Green Party and Reform UK. There was probably a global dissatisfaction amongst electors with the inability of governments lo deal with international problems including the economy. migration, armed conflicts and perhaps more domestic problems such as Crime and violence (including terrorism) on the streets. The re-election of Presidents Putin and Trump (the latter for a very rare non-consecutive term) will probably continue to have long-term consequences for the world, some of which have emerged in the early part of 2025. Governments can sometimes change things, but words are easier than actions. which themselves are easier than positive results. Armed conflicts continued in numerous places with much in the way of atrocity and little prospect of peace. In addition. in the UK a series of scandals seriously undermined public confidence in institutions. leader5 of institutions and professional standards generally. Significant in these scandals was the Post Office being shown to have knowingly withheld evidence where it (rather than the CPS) was the prosecuting authority. This led to a huge level of wrong convictions of sub-postmasters and untold misery. The scale of the mix of incompetence and deliberate deception by highly paid officials (including professional advisers} in a huge and powerful organization against individual and effectively powerless sub-p05tmasters is almost unbelievable. This scandal reached a new and overwhelming level of public consciousness and disgust due to an ITV drama broadcast in the early days of January 2024. Even today many victims still seem not to have been properly or fully compensated. The final days of 2024 saw failures of both our Archbishops brought into clear view. In the wake of a scandal relating to his failure to follow up on a report of physical abuse against young men and boys, the Archbishop of Canterbury announced his retirement (to take effect in January 2025) while withdrawing from the public-facing leadership of the church. The Archbishop of York remained in post although he was widely crilicized for his failure to discipline a member of the clergy in relation to sexual abuse. We continue to pray for those in posilions of power and influence in both church and state- they need it. Despite this diff icult backdrop, we do not lose heartl (See Bible verse below.) At Chalk we have attempted lo maintain our mission of reaching out with the gospel message, addressing issues of personal and inslilulional brokenness and failure. Partly, rather mundanely, this relates to the maintenance of our buildings. Storms Isha and Jocelyn at the beginning of the year removed a large number of tiles from the church roof. We acted quickly with our insurers not only to replace the tiles but to improve the method by which Ihey are held in place (So far, so good.) A more long-term issue has related lo the barns. Sadly, high inflation post-covid meant that it became too expensive for prospective investors to work with us on redeveloping the barns as a lea room. Therefore during 2024 the PCC began a project to renovate and improve the barns for mission, not least for our work with young people. Having established the factors that needed lo be addressed, the PCC advertised this in the parish magazine and in October appealed for funds. Firms were invited to quote for the work with a view to work beginning in early 2025. In addition, the PCC is conscious of the need to improve facilities in Ihe upslairsllofi area of the parish hall in accordance with plans that have been drawn up by an architect and with the relevant permissions in place. Funding will be sought in various ways but the PCC has taken the significant decision to limit the parish shareloffer to the Diocese probably for three years in order to ensure the work can be done. However, this will be phased as funds permit and will only progress once the work on the Barns has been completed. Buildings maintenance though is only the means to an end. ie lo mission. This occurs notably through our weekly and seasonal activities through church services leg on Sundays and in funerals and weddings} and our regular village coffee morning Take-a-Break (which celebrated 30 years in 202411, and our various activities with young people, eg (bul not limited tol Loaves & Fishes. The impact on the community is shown in part through Ihe large congregations at festivals and the footfall more generally at events such as the Summer Fete and Ihe use of the parish hall. Anolher string lo our bow is the local Sea Cadet unit {TS LENNOX} based in the parish and lo which l am the chaplain. We also make grants lo various good causes. Inevitably all of Ihis takes much resourcing - and much is offered! However, as a couple of key people knew well in advance that they could not be available for the Firework event and given its complicated nature and the paramount need for safety, it was decided not to hold it in 2024. Nevertheless. I would like everyone to know thal every help and offering of time and talents is really appreciated and makes a real difference. While I cannot thank everyone here by name. I want to pay tribute to our churchwardens, Barbara and Steve, to our Treasurer, Ram (thanks also to Martinl. to Michael and Janet (for many years of multiple service), to Julie. Philippa, Suzanne and friends who help with children's work and to Mark who was ordained as a priesvpresbyter in 2024. Regarding funds, we appeal for grants for specific mallers and occasionally we do benefit from legacies, bul we can only operate as we do because of generous donations from the congregation and because of the hard work of many who help us to raise funds, and not least through the usual annual cycle of Fete, Fireworks and Christmas Fair. God willing, normal setvice will be resumed in 2025. Indeed, rather than lose heart, we are conscious that God is at work in us and through us. It is writlen.. "I believed,. Iherefore I have spoken. because we know thal the one who raised Ihe Lord Jesus from the dead will also raise us wilh Jesus and present us with you to himself. All Ihis is foryour benefit, so that the grace thal is reaching more and moTr people may cause Ihanksgiving to overfiow to the glory of God. Therefo we do not lose heart . For our light and momentary troubles are achieving for us an etemal glory that far outweighs Éhen7 all. (2 Connthians 4.. 13-17) Part One- Page 2 The Revd Nigel Bourne
Annual Report and Financial Statements of PCC Chalk 2024 Introduction: Structure, Governance & Management The Parochial Church Council of the Church of St Mary the Virgin, in the Ecclesiastical Parish of Chalk {generally known as PCC Chalk or, in context, the PCC) works wilh the Vicar of Chalk, the Revd Nigel Bourne to promote the whole mission of the church {see Aims etc below). This section of the report, Part One, gives an overview of our life including some information on finances elc, bul focuses on our liturgical worship and the spiritual and practical aspects of our work. The main information regarding finances is given in Part Two, Financial Stalements. Although the PCC is a relatively recent (early 20th century) creation, it is the modern expression of a traditional role of the parish church with clergy and laity working together for the glory of God and the benefit of the whole community This process has been working here in Chalk for over 1,000 years. The PCC is focussed mainly on the ecclesiastical parish of Chalk, but has a wider remit through various relationships nol least through the structures of the Church of England. as well as through missionary and charitable links beyond the parish boundary. The PCC. like the PCC of every Church of England parish has various roles. Although it has some executive functions, as constituted by the legislation of the Church of England, our PCC is, primarily, a consultative committee charged firstly with the function of co-operation with the Vicar of Chalk who is, ex-officio, the PCC Chairman. In the context of mission and co-operation, the PCC is concerned with fund-raising and the proper safeguarding and use of the assets of our parish church as well as with our worship and other activities. The parish church of St Mary's is virtually surrounded by fields and lies to Ihe east of the populated area of Chalk, which is itself at the eastern edge of Gravesend in Kent. Adjacent to the church building is our car park with some church meeting rooms known as the Barns and an area known as St Mary's Woodland. At the centre of the village lies Chalk Parish Hall, a large purpose-built church and community centre which was opened in 2007. Adjacent to the hall is a car park on which we hold a long lease. Charitable and Legal Status The church here in Chalk has long been recognised as a charity operating through its PCC under rules established by the Charity Commission for England & Wales. In 2009 Chalk Church through its PCC, a body corporate. became a Registered Charity (number 11320811 with PCC members continuing as charity Iruslees and with that role highlighted through the registration process. Governing Documents The legal basis on which the PCC has operated is set out both in the Parochial Church Councils (Powe) Measure (1956) and the Church RepSentatIOn Rules, both as amended from time to lime through General Synod. PCC Structure The PCC has had a template for meetings in January and allernale months following. However, use of small groups and technology including email has kept the number of main business meetings down to a minimum and these will probably reduce to about four a year plus some shorter meetings, A Standing Committee has power to Iransacl the business of the PCC between PCC meetings subject lo any direction by the Council. While overall policy for the parish hall remains the responsibility of the PCC, the main running concerns of the hall are addressed by the Hall Committee, which is a committee of the PCC, with various members co-opted for their expertise regarding the hall, Similarly, groups operating for the PCC normally run both the fete and fireworks event. PCC Membership Members of the PCC are eilher ex officio, co-opted or elected by the Annual Parochial Church Meeting IAPCM) in accordance with the Church of England's Church R8presentation Rules. Normally there should at any one lime be 12 directly elected members (with one third elecled al each APCMI each member serving for three years lor less if filling a vacancy) After three years directly elected membership, members are not eligible for d irect election for a period of one year. Deanery Synod Representatives are normally elected every third year at an APCM to serve for three years (or the remainder of the three years if elected subsequently). The next such Deanery election will be in 2026. They are ex-officio members of the PCC and help link our life to the wider life of the Diocese of Rochester and the Church of England. The names of all PCC members are listed at the beginning of Part One of this report. Other Authorised or Licensed Personnel In addition to Ihe clergy, some people have been specifically trained by the Diocese and authorised or licensed by the Bishop to assist in the regular teaching and pastoral ministry of the church. Each makes a unique contribution. Pastoral Assistant (Permission to Minister): Janet Munson. Reader (Perniission to Officiate).. Michael Munson. Part One- Page 3
Annual Report and Financial Statements of PCC Chalk 2024 Aims & Purposes The PCC works with the Vicar as a type of eldership to promote the good news or gospel of the Lord Jesus Chrisl. This mission has a particular focus within our parish of Chalk, but il engages wilh the wider church and the wider world, not least through Churches Together in Gravesham, the Deanery of Gravesend, and the Diocese of Rochesler. Our mission is Christ-cenlred, spiritual, pastoral, evangelistic, social and ecumenical. We aim for the liturgical worship of the church lie what we do in setvices") to assist the wider worship of the church, ie the offering of every member's life to God in his service or mission. Worship. in both senses of the word, gives glory to God and helps the church to grow in holiness or maturity in Christ. In turn this maturity helps us see how our setvice or mission needs lo be focussed at any one time. Thus our eldership. or role of spiritual leadership, is exercised with practical responsibilities. not least for the maintenance of all church bLsildings and property. Vision 8uilding Process A vision building process built on earlier work was completed in 2017 and this should help us focus our thinking and activities as a church over the next few years. The PCC and congregation more widely reviewed the thinking in the vision and the congregation reaffirmed it in a service in March 2023. The aspiration is lo achieve much of this by Easter 2026. The vision itself, sometimes called 'Lifting High the Cross, can be summarised as follows.. The Renewed Vision: .we will be stronger in Christ, and reaching Out to impact the whole community, having grown Significantly as a family of all ages. Our vision has S 'lhrusts': Growth Greater Strength in Christ Communications Resources - personnel Resources - buildings & finance Expanding on each of the thrusts. Growth - our main thrust, There will be growth in faith and a marked increase in the size of the congregation, notably in the number of children and families, not least through Loaves & Fishes, young church and youth group Stronger in Chrlst There will be an improved use of small groups so that every church member has an opportunity to develop as a disciple of Christ, to encourage and be encouraged. New groupslactivities are being developed. Communications There will be an increasingly effective communications network to reach members and people in the area using a range of modern and traditional media, including Facebook, bulk texting and email messaging. Resources - Personnel There will be training and more use of teams and individuals in various critical roles, paid and unpaid, clergy and lay. DiocesanlDeanery courses will help the leading of groups and occasional preaching. Resources- Buildings and Finances There will be a review of all our property to ensure appropfiate maintenance and improvement., there will also be increased donations to cover our increased commitments and our mission priorities. to gve us options for growth and allow us generosity in away giving. Use of grants and income from EV chargers will help. The vision emerged against the background of our understanding of our purpose and values.. we defined these as., Our Purpose: The fellowship of Chalk Church believes that.. We exist to worship God, to grow in faith, understanding and numbers, sharing and spreading God's love and joy by word and deed. Our Values: Chalk Church is committed to= listening to the Holy Spirit, especially through the Bible as God's word, to shape all our values and actions., with God's help we try lo be.. Inviting Involvin9 Together Joyful Welcoming Supportive Creative in Proclamation PCC Meetings and Main Matters Dlscussed This Year The atmosphere at PCC meetings and via email etc is always constructive, no doubt aided by the refreshments (when 'in-person'l. provided beforehand by Barbara Millatt. Although a full range of opinions are voiced, when it comes to votes, these are almost always unanimous. Matters discussed have included.. safeguarding.. payments for services provided by individuals, eg gardening,. improvements to the barns and hall,. parish offer to the Diocese., programme of activities., annual review of accounting procedures. Correspondence or items for PCC consideration should be addressed to the PCC Secretary, Anne Wilkinson. Part One- Page 4
Annual Report and Financial Statements of PCC Chalk 2024 Objectives & Activities The PCC is committed to enabling as many people as possible to worship at our church and to become members of our church family or lo work in partnership with us for the greater good. When planning the scope and detail of our activities the PCC is mindful of our need as a charity to provide a public benefit. This understanding has been shaped by the Charity Commission's guidance on public benefit including guidance lo charities for the advancement of religion and helps shape our approach to our services of worship. events and aclivities. We realise that in addition to what happens in our services etc, the life of the church extends into the community through the altitudes and actions of our members in their day to day lives. These attitudes and actions are often informed or shaped by their failh. The PCC has an overview of all church activities and, with the clergy, reader. pastoral assistant and individuals recruited lo particular tasks, the PCC aims to facilitate and organise activities lo encourage and deepen faith, notably through.. Worship and prayer, including 'lhe occasional offices,, learning about the Bible and its gospel message, growing the church numerically and developing belief and trust in God, Father, Son and Holy Spirit. deepening connections with the community and supporting charitable, missionary and outreach work, maintenance and improvement of the parish church, the parish hall and their associated facilities. We offer a wide range of different styles of public worship, traditional and modern, and the encouragement to grow to matunty in faith, not least through public worship and private prayer. Our approach is based on understanding the Christian faith as revealed in the Scriptures of the Old and New Testament and seeking to understand how scriptural principles challenge and comfort us today This approach helps lo develop a recognition of our responsibilities towards both God and his world. It also helps to address pastoral and spiritual needs of all who come, both regular members of the congregalion and those who come for particular reasons. eg to be married or when there has been a bereavement. In addition to worship wilh an explicit encouragement to develop a faith in Jesus Christ as Saviour and Lord, we are involved with various projects that concern the practical well-being of a wide range of people. including the provision of facilities land sometimes activities) for the elderly, parents and toddlers, other special needs groups and the support of other charities in the UK and overseas. Achievements & Performance Sunday Worship While every day is an opportunily for worship in the sense of offering our lives lo God. Sunday worship is a significant part of our Christian calling. In the context of public worship, joining together with the Lord's people on the Lord's Day, our fellowship aims lo encourage and deepen the faith of each person who comes and also build up an awareness of that union which we have in Christ, Thi5 happens as we sing and give praise to God. as we reflect on his word to us and as we pray, Services create a space where we can expect lo encounter both the encouragement and the challenge of God's love. The 8.30am and 4.30pm services are usually more reflective than the 10.30am seNi¢es, which we want to be particularly accessible to newcomers land at which we often use a large screen onto which we projecl words and pictures, which many, especially visitors. find helpful). The Vicar, Curate and Reader lead and pach at our various services. The Pastoral Assistant and Chufchwardens also help, eg assisting with the chalice at Holy Communion. Occasionally there are guest speakers. Not lo be confused with the authorised "Readers" members of the congregation sometimes help in the reading aloud from the Bible in the services. Anyone who would be willing to organise a rota for these is asked to speak to the Vicar. The wheels of the services are of course oiled by many, including the choir, musicians, the coffee team and "sidespeople. who greet the congregation and give out books or service sheets. All these land other) contributions are necessary for our services to work as they do,. it is a significant example of our teamwork. The norrnal pattern of services is nol quite fixed post-covid land the paltern can change especially around festivals with details in magazine, weekly notice sheet and website) but is essentially as below. {Services are of a contemporary formal, officially "Common Worship" unless they are indicated as services from the Book of Common Prayer (16621 with abbreviation BCP).. 8.30am [moved to 9am in 2025] BCP Holy Communlon - 2nd & 4th Sundays [& 5th Sundays in 2025] {There is a PCC prayer focus on 41tt Sundays) 10.30am Morning Service Morning Service 1st Sundays All-Age/Family Service - 2nd Sundays Holy Communion 3rd Sundays Open House 4th Sundays Songs of Praise 5th Sundays Evening Service BCP Holy Communion 1 st Sundays - (in the parish hall starting at 4.30 pm followed by teal Tea with the Vicar 3rd Sundays (an informal event and service in the parish hall starting at 5pm) INO evening service on 21415th Sundaysl Part One- Page 5
Annual Report and Financial Slatements of PCC Chalk 2024 Weekday Worship and Major Festivals As with Sunday, there are normally many opportunities for public worship. The main midweek service is Holy Communion {BCP) at 9.30am on Wednesdays in term time. This is celebrated in the Holloway Hall at the parish hall. We also conduct Holy Communion services on principal feasl days, mostly al St Mary's. Major festivals have series of services associated with them, again, mostly at St Mary's although we also have an informal service and event al the end of the Easter, Summer and Christmas term5 in the parish hall. This service builds on our weekly Take-a-Break event which reaches out particularly to Ihe elderly and unwaged. Details are given in the Calendar of Dates issued or three times a year, in the monthly magazine, posters. service sheets etc. The Occasional Offices: Baptisms, Weddings & Funerals Baptisms usually lake place during main Sunday morning services using a Common Worship pattern, Janet Mun50n has helped co-ordinate Baptisms Anyone who would like to explore issues concerning the Christian faith and particularly with a view to taking a slep of faith such as Baptism or Confirmation is encouraged to speak lo the Vicar. Services of Marriage and Services of Prayer and Dedication are normally a feature in and around summer. All couples undergoing their services at Chalk normally receive several hours of marriage preparation arranged by the Vicar. It is our practice to preach a short sermon about marriage and give a small gift lo the couple during their seNice. This ministry is supported by the efforts of many folk and normally include5 the choir, organists and bell ringers. The Vicar hopes that we will continue to work al helping baptism families and wedding couples to take an on-going interest in the life of the Church. Funerals have been conducted by the Vicar assisted by the Curate mostly at Sl Mary's and the new Thames View Crematorium, We continue to see the complete cross section of tragedy, pain and bravery in the face of loss. Our hearts and prayers go out to the many bereaved families whose lives we touch. The Vicar is thankful for all those who help in these ministries, eg Peter Bull. our verger at weddings and funerals. The Vicar encourages everyone to pray for all those involved in these ministries as well as those to whom they minister. Marriage registration rules changed significanlly in 2021 and that required some training and the cessation of the use of marriage registers in all churches. Prayer, Learning about the Bible and its Gospel Message & Developing Belief and Trust in God Many of the activilies associated with these topics normally take place during Sunday and weekday worship including the occasional offices. In addition, there are normally regular small group midweek meetings and special courses run at various times, eg during Lent which allow a focus on certain Bible books or topics in some depth in the conlext of discussion, fellowship and prayer. The Chalk Bible Challenge (CBC) focussing on a particular set of readings usually lasts six or so weeks. A printed set of notes for each week of the Challenge is published and is made available in variou5 ways to allow for personal reflection and a development of Bible knowledge, prayerful reflection and trust. This year's CBC lin Lent) used the Sunday readings from the Revised Common Lectionary. A new teaching activity started in 2024 in the springlearly summer which included fellowship and pancakes. The Prayer Circle has about 20 members and prays regularly using a distributed sheet with weekly suggestionsl topics. They also respond to urgent requests for prayer at any time when information is passed on by 'phone. Growlng the Church Numerically: Electoral Roll & Numbers Attendlng or Vtsiting the Church's Premises As at the APCM in May 2024 there were 102 people on the Church Electoral Roll, revised annually an entirely new roll is made every six years. The next new roll is due in 2025. We estimate that normally well over 2,000 different people attend or vi51t the church premises annually. In addition lo our own website, we use the village Facebook sites to advertise our seNices and events- see Chalk (Gravesend) - Past and Present & Chalk People and Opinions - https'.IIMvw.facebook.comlgroups117300244472126221 Our posts often attract several positive comments. In addition to church members, there are often visitors to our services and large numbers attend the events we normally run such as Take-a-Break, the Fète, Fair and the Bonfire events each year. Connections with the Community & reaching out across the age spectrum Notable here is the weekly term time activity Take-a-8reak. Essentially this is run by a dedicated group of church members and normally provides a weekly coffee morning open to Ihe whole village in the parish hall and has now been running for over 30 years. Thi5 regularly achieves attendances of approximately 60+ 11 is clear thal the event is a highlight of the week for the many, largely elderly and unwaged, folk who come. Three times a year there is normally a lunch held for the same group instead of the coffee morning. In the week following each lunch, in the lead up to Christmas, Easter and the summer break, we aim to hold an informal service of worship in the hall. These infomal services attract most of the Take-a-Bre8k regulars, many of whom are nol church members. The church has over the years supported various groups helping people with autism, learning difficulties and mental health needs. This has included use of facilities, including use of the woodland area, provision of refreshments and simple acts of worship Also, the Loaves & Fishes ForAII element of our Loaves & Fishes programme has continued to develop and is aimed at children and parentslcarers who face some of these issues. We have also continued lo support Ihe local foodbank and more recently the Gravesend Hub which deals with homelessness issues. Tea with the Vicartakes place in the parish hall on the third Sunday in a month Starting at 5pm with a buffel tea lin a cafe style) and continues with an informal service at about 5.30-6pm. It has drawn a wide age group Ic.30 people - reduced since Covid lo about 15) including families with children and others who find the short late afternoon walk to and from the hall (in the centre of the village) an easier undertaking than the journey to church (beyond the edge of the main populated area of the village). In addition to Ihe toddlers corner in church and Young chUh (our Sunday provision for any children present in church over toddler age), we hope Part One- Page 6
Annual Report and Financial Statements of PCC Chalk 2024 that the puppet ministry, Loaves & Fishes, led by Julie Garrod, will continue to expand in various ways (eg with puppet-making for primary-school age children and older youngsters as part of the puppeteer team), and so help to engage youngsters across a wide range of ages Loaves & Fishes in the Forest has continued on 4th Sundays for children up lo about 11 during church services and regularly attracts 20+ children as well as their parents etc. The Wider Community and the Wider Church Community Including the Gravesend Deanery Synod We have two lay representatives as well as clergy representation on the local Gravesend Deanery Synod. Throughout 2024 this synod was chaired by the Vicar. Topics for the Deanery have included Deanery boundaries and the creation of a new Deanery for Ebbsfleet (this eventually became known as the Swanscombe Deanery) and the Diocesan Vision. The Vicar was also a member of the Diocesan Synod. resigning in early 2024 after 25 year5 of service. The Rochester Diocese covers about 200 parishes in the historic north-west Kent area reaching into the London boroughs of Bromley and Bexley, These Synods and the group Churches Together in Gravesham allow for a flow of information and a degree of co-ordinalion of activity between the churches. The PCC makes a significant financial donation called 'Parish Offerlshare, to the Diocese every year. The Diocese u5e5 this. in part, to pay the clergy. Through our Vicar, we also provide a chaplaincy service both for the local Sea Cadet Corps which is based in the parish and also {with other chaplains of various denominations) for Kent Police. The Vicar helped bring the national church credit union ICMCUI into being during 2014 and was for several years its Vice- President until retiring from the Board in 2019. {He is currently a member of the CMCU Supervisory Committee but will step down from this role in 20251. CMCU is helping individuals and churches to borrow at fair interest rates. Local Groups, Charlties, Missionary Work and Similar Organlzatlons Supported Other charities elc are being helped in various ways, eg by use of facilities and donations. The PCC commits to support local charities and the Hands of Compassion School in Zambia. Over £4,000 was paid or reserved for charitable causes including Hands of Compassion School £1,380, Embrace Middle East £180, Sea Cadets £500, Elliott Holmes Memorial Fund £250, Sanctuary £500, Tear Fund £500, Salvation Army £500, Open Doors £500. RNLI £250, CPAS £250. Also, we organise collections totalling £1.300 for the Church of England Children's Society in the UK. The PCC. while gaining a rental income from Hall bookings, subsidizes the use of the Hall in various ways to community groups such as the Chalk Village Pre-school. Buildings and Property To facilitate our work with its pattern and programme of activities il is extremely important that we maintain and. where possible and appropriate, improve the fabric and facilities of all church buildings and property. The buildings and property essentially comprise, the Parish Church of St Mary the Virgin. Chalk. its churchyard and the adjacent land and buildings comprising the Barns, Sl Mary's Woodland and the car park off Church Lane and Chalk Parish Hall in Lower Higham Road. We have a long lease on the car park adjacent lo the hall. (The larger scale aspects of maintaining the Vicarage are mostly undertaken by the Diocese- a quinquennial inspection took place in 2021, supported by parish share and other common resources, although contributions are sometimes made by the PCC and Vicar. l A quinquennial lie five-yearlyl report on the fabric of the parish church was completed in 2020. This was essentially very positive about the physical structure of the building, which is very gratifying in the light of all the work to the roof and tower in 2008. The next church quinquennial inspection building is due in 2025. Some Details of This Year's Work on the Buildlngs etc At various points in 2024 a Community Payback team was able to complete various jobs around the churchyard, barns and church. The council continued lo mow the Churchyard, Duncan look care of the woodland, and Marion and Eric worked hard on the Garden of Remembrance and the flower bed by the church path. Fire extinguishers are checked and the lighlning conductor lesled on a periodic basis. We are grateful for everyone's hard work. Steve Quinton continues to app5y for various grants to help improve different aspects of the properties (thanks to the small team of helpersll and to address ongoing maintenance highlighted in the latest church quinquennial inspection. The pondlgarden area of the woodland is being steadily improved, and Gary Cordice is doing much of this work. A commemorative stone for the Jubilee Garden is due to be in place during the summer of 2025. Significant work was planned to take place on the barns during 2025 (this is now nearing complelion). [Covid-19 stopped some activities & much of the following remains under review prior to any restarting Tea and Toasl was a weekly early morning event (Thursdays, 8.45am - 9,45pml run by church members in the small room at the parish hall. This offered fe refreshments and a Simple snack 10 Staff, parents, carers and children associated with the pre-school who use the back rooms at the parish hall. Appreciated by all concerned it has helped cement our relationship with the Pre-school. On the first Friday of most months a short service with hymns was held in the lounge of Mullender Court, a retirement housing complex in the parish, attended by several of the residents and usually led by the Vicar or Michael Munson. On most months approximately 50 homes were visited as part of a long-standing parish visiting scheme You are WelGome. Thi5 scheme's aim has been lo ensure that every home in the village is visited over an approximately three-year cycle. It started in the mid-2000s and so every home has been visited several limes. On these occasions a free copy of the magazine is given and an invitation made to our services and events. In conjunction with You are Welcome and also following up on other pastoral contacts, many letters were usually written to people throughout the year inviting them to particular events and services such as the Village Fete, and the November bonfire and firework event.] Part One- Page 7
Annual Report and Financial Statements of PCC Chalk 2024 Financial Review After the high-inflation crisis of 2022-2023, at a macro-economic level, the UK saw significant moderation in price pressures in 2024. This is reflected in our unrestricted expenditure which increased marginally by 17010 this year compared to a 7.10/0 increase in 2023, Overall, unrestricted income in 2024 decreased by 3.20/0 compared to an increase of 90/0 in 2023. In total, our unrestricted expenditure exceeded unrestricted income and we therefore incurred a loss of £13,125 in 20241£6,997 excluding depreciation) This loss was inflated due to our inability to hold a fireworks display event in 2024 but was sustainable due lo the use of our reserves. For comparison, there was a loss of £7,288 in 2023 (£1,160 excluding depreciation) A summary of financial activity follows.. Unrestricted Income Total unrestricted income for 2024 was £113,624, which constitutes 83 % of the church's total income1£136,1461. Key components of unrestricted income were.. Voluntary giving: £62,371 (550/0 of unrestricted income} Fundraising activities.. £7,33816'/0 of unrestricted income) Investment income.. £1,301 (10/0 of unreslricted income) Church actlvities: £42,614138 % of unrestricted income) Unrestricted Expenditure Unrestricted fund expenditure totalled £126,749, accounting for 89 % of total church expenditure {£141.6611. Major areas of unrestricted expenditure: Church activities. £118,562 (940/0 of unrestricted expenditure) Fundralsing costs.. £8,18716 % of unrestricted expenditure) Fund Movements and Transfers Control of Take-a-Break club finances was transferred to PCC Chalk in 2024 resulting in a transfer of £1,416 from restricted to unrestricted funds. Designated Funds within Unrestricted Funds Within the unrestricted funds, the PCC has designaled £25,996 for specific future needs.. Hall repair fund.. £5,430 {increased by £1,165 during 2024} Church repair fund., £12,566 (increased by £1.607 during 2024) Organ fund.. £8,000 (increased by £1,000 during 2024) These designalions represent internal commitments but remain technically part of unrestricted funds. As such, Ihey represent 44°/o of Ihe unrestricted net current assets, leaving approximately £33,097 in truly free (i.e. unrestricted) reserv8S. Financial Resilience Assessment Free reserves (excluding fixed assets and designated funds) equate to slighlly over 3 months of unrestricted expenditure, which is in-line with our reserves policy. The operational deficit in unrestricted funds of £6,997 represents a drain on liquid resources that is not Sustainable in the long term without corrective action such as the restoration of the fireworks display event. Despite this, overall the church's financial p0511ion remains sound with strong asset backing. Notable highlights Increased funding of our growth initiative called 'Loaves and Fishes, with £8.017 (£6,269 in 20231 from church funds. An improved contribution of £51,0001£50.000 in 2023) to Rochester Diocese towards clergy slipends, housing, training and pensions. Donations to charity slightly decreased to £4,860 (£5.039 in 20231. Church hall running costs increased to £17.2811£15.011 in 20231. Legacy income of £3,667 (£5,982 in 20231 The Parish Hall generaled income of £32,6561£28,088 in 2023) and after deducting running costs, general maintenance and depreciation, a profit of £5,676 (£1,692 in 20231 was made. Parochial fees for weddings and funerals contributed £3,382 (£3,999 in 2023)- there were 3 couples married at church {4 in 20231. Fund raising events (Summer Fete, Christmas Bazaar) generated a net profit of £4,084 (£3,183 in 2023). No fireworks display event took place in 2024. At year-end the net movemenl {lossl of unrestricled funds was -£13,125 {-£7,288 in 2023). Part One- Page 8
Annual Report and Financial Statements of PCC Chalk 2024 Reserves Policy It is PCC policy lo try and mainlain a balance of free reserves (net current assets) which equates lo at least 3 months unrestricted payments. Based on ctjrrent year's figures {2024}, this is equivalent lo approximately £32,000. The balance as of 31st December 2024 of unrestricted free reserves is £59,093. Excluding £25,996 set aside for church and hall repairs and organ fund, leaves £33,097 available. It is our policy to invest fund balances with the Churches Mutual Credit Union and the Diocesan Central Board of Finance. Various Matters including Risk Assessments and the Future We are required to consider the risks we face and have policies that address the risks so as to minimize the chances of them occurring or minimize the effect if they do occur. The policies of the PCC are explicitly aimed al growing the church numerically and spiritually, by training (including the use of Diocesan resources), where possible, by maintaining a high level of financial support lo the Diocese, by good stewardship of financial and material resources, and by use of good procedures in practical matters. The greatest risks to the mission of the church lie in four main areas.. a faiSure Io grow the church by continually renewing the membership through evangelism and mission generally., a failure to attract or maintain and grow appropriately gifted leaders, lay and ordained., a failure to renew the physical and financial resources of the church., a failure to prevent reputational damage from poor decisions, scandals or tragedies of various kinds. While all of these afe important and have had some attention, the renewed vision process has led to a particular focus on the first of these issues. The second issue has had some attention via two Diocesan courses run by the Deanery: Hearing God's Word and Speaking God s Word and will also be addressed in the coming years as the PCC considers the content of a 'parish profile, The third iSSLte received particular attention in 2024 (continuing into the first half of 20251 with respect to the barns land subsequently this will include the upstairs of the hall). Additionally. renewing the financial resources of the church is partly achieved through, grant income where possible. fund raising events, advertising various ways of giving, using 'gift aid, and gift days including giving for certain projects which in themselves have a lendency to generate membership and income. In regard to reputational damage, the PCC wort(s in a very open way allowing questions and alternative viewpoints to be explored in regard to all maior issues, eg the programme of activities and major expenditure. In addition. the church insures church property, arranges regular checks of fire extinguishers etc, adopts each year the Diocesan policies for the protection of children and vulnerable adults. including the requirement for Disclosure & Barring Service {DBSI checks (formerly known as CRB) for all relevant personnel, and carries out regular financial checks. In addition, the PCC is reviewing information held on file, eg it has produced a Health & Safely document. Formal risk assessments of the féte and the fireworks event are made each year they are held. The Vicar, Churchwardens, Treasurer, Hall Manager and PCC, as appropriate, routinely consider risks associated with our buildings and activities particularly when something new is planned or work envisaged but also when reviewing our normal operations. The general approach is lo minimise risks (especially where a significant problem might result} and to pul in place such mitigating factors that will reduce the impact of any adverse incident A simple risk register is being worked on. The Diocese, Diocesan Budget, Parish Offer {Sharel etc and the Future The Diocese now indicates to each parish the figure thal il feels is appropriate for the parish to contribute or offer in what is called the 'Parish Offer, (but is often called the 'Parish Share, from an earlier arrangemenll The formula is complicated but is essentially related to Ihe income of a parish. For us the Diocese would like us lo pay them well in excess of £50,000, although when all the parishes of Ihe Diocese are affected by reductions of income leg because of a long-lasting pandemic), experience has shown that the amount requested is not always reduced from earlier levels! Nevertheless, the parish share remains a gift to the Diocese that each parish decides it is able to make. In Ihat context, we have in the recent past achieved paying the Diocese something over £50,000. However, we reduced our offer during Ihe pandemic and then increased it again when that was affordable. In 2024 in the context of work being planned on the barns and the hall, the PCC decided that the Parish Offer figure should be significantly lowered in 2025, probably for a period of three years. (Thankfully a separate payment towards slipend and associated costs is not requested as it once used to be. However, the element of the fees that Comes into a parish for weddings and funerals, which previously used lo help in paying for the parish clergy in that particular parish, is now legally the property of the Diocese. Coupled with this, Ihe Diocese itself remains responsible for paying the parish clergy.) In order for the system lo work sustainably, on average, the parishes need to pay into the Diocese in parish share etc. what the Diocese pays out in stipends etc. In reality, some poorer parishes will never be able to afford this, so other parishes are expected to pay more. While some level of subsidy will work, if the level becomes too high, thal will not be sustainable, and Ihis is. in fact. the territory that the Diocese has been in for some lime. ie the amount of money being asked for from the parishes as a total sum is not being met by the sum of the aclual offers. This is reflected in the normal situation at Chalk., ie we can normally. including the fee income, cover the cost of our Vicar. but we cannot pay the full extra amount that the Diocese wants in order to help pay the shortfall from the poorer parishes who are not covering the cost of their clergy. Part One- Page 9
Annual Report and Financial Statements of PCC Chalk 2024 The number of paid clergy (full-time equivalent) posts in parishes is slowly but consistently falling yet there is still a consistent shortfall from the parishes taken as a whole in the money requested by the Diocese. The Diocese continues lo balance its books by the use of reserves and the sale of freehold property (and support from the Church Commissioners), a situation that cannot continue for ever. Nevertheless, this is at least fairly transparent and there is a stated aspiration that the books must be balanced in a more sustainable and transparent way. Clergy pay (technically "stipends ) was frozen or subject to below-inflalion increases for some lime but this is now changing - good for individual vicars, but polentially making the problem for the Diocese harder to solve. A new 'total return, policy is allowing some reserves to be invested in more creative ways. In addition, the central church has agreed to fund elements of the Diocesan strategy over the next few years and this is probably a recognition that the 'new' Diocesan Bishop and the Diocesan Secretary have {with others) worked up a credible plan under the strapline.. 'Change, Serve, Grow,. This may prove successful, but it will lake some years before we can be sure and, even so, overall decline in paid clergy numbers seems likely to continue and some form of sharing clergy resource5 across parishes seems inevitable. There are various bridges that may have to be crossed when we come to them, but it has been the belief of the PCC that Chalk should, normally, continue to pay a level of parish share which (when combined with the fee income passed to the Diocese) covers al least the costs of the incumbent (as calculated by the Diocese). INB this is a lot more than is actually paid lo the clergy as il includes National Insurance, pension contributions, training and administration costs.) However, there may be times las now} when the needs within the parish. or the moneys coming into the parish {or a combination of the two) will mean that the PCC will need to reduce the money paid lo the Diocese for (it would be hoped) a particular year or very small number of years. While the Diocese of Rochester and the Deanery of Gravesend both have a part lo play. the PCC feels that if this parish and the parishes generally rely loo heavily on the contributions and strategies of the Deanery and Diocese, there will be failures of the church at the parish level. It is not so much about being self-sufficienl God willing we will always See that we have things to gain from, as well as contribute to, the wider church Rather il is about developing a reliance on God, his Word and the talents and other resources he has given us and listening lo God that we use all that he has given in a way that discharges our specific responsibilities locally in the parish as well as in the Diocese and beyond, thu5 bringing glory lo God. While no definite dales have been agreed, it is likely Ihal the current Vicar (aged 65 this yearl will retire al some point in the next few years. 11 will be important to ensure that when this point comes, the parish looks to be a place where God has been allowed lo be at work and there is a desire to continue to work with him to do more. Essentially we will want the church to be an altraclive prospect lo potential vicars as evidenced in the parish profile land also attractive to the Diocese in terms of funding the post - as supported by the Parish Offer}. Hence all the factors that have been important to us over the last years will need to go on being addressed, ie that we continue lo "Lift High the Cross" in such a way that we are seen to be growing stronger in Christ, reaching out to impact the whole community and growing as a family of all ages. We pray thal this will be so and that the glory continues to go lo God. Approved by the PCC on 4 May 2025 by email and signed on its behalf by the Vicar of Chalk, the Revd Nigel Bourne, Chairman of the Parochial Church Council. Part One- Page 10
St Mary the Virgin, Chalk Annual Report & Financial Statements of the PCC for the year to 31 t)ecember 2024 Part Two Financial Statements
INDEPENDENT XAMINER'S PORT THE TR EES OF PAR CHIAL HCOU T MARY THE VI IN HAL I report on the annual report and financial statements of the charity for the year ended 31 December 2024, which are set out in Part One and Part Two of this document. Respective Responsibilities of Trustees and Examiner The charity's trustees are responsible for the preparation of the financial statements. The charity's trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (The Act) and that an independent examination is needed. It is my responsibility to: examine the financial ststements under Section 145 of the Act; to follow the procedures laid down in the General Directions given by the Charity Commission under section 145(5){b) of the Act. and to state whether particular matters have come to my attention. Basis of Independent Examiner's Report My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedure5 undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a true and fair view and the report is limited to those matters set out in the statement below. Independent Examiner's Statement I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: accounting records were not kept as required by section 130 of the Act; or 2. the accounts do not accord with those records; or 3. the accounts do not comply with the accounting requirements of the Act. In my opinion there are no other matters In connection with the examination to which attention should be drawn in this report in order to enable a proper understsnding of the accounts to be reached. (ZOQ f Second Floor South The Fitted Rigging House The Historic Dockyard Chatham Kent ME4 4TZ T Lawes FCA Carleys Part Two - Page I
Annual Reports and Financial Statements of PCC Chalk 2024 PAROCHIAL CHURCH COUNCIL ST MARY THE VIRGIN CHALK STATEMENT OF FINANCIAL ACTIVITIES 31 DECEMBER 2024 TA note INCOME & ENDOWMENTS: Donations and legacies Voluntary income Activities for generating funds Income from Investments Church Activities 2a 2b 62,371 7,338 1,301 42,614 22,522 84,893 7,338 1,301 42,614 83,315 15,686 613 40,040 2d TOTAL INCOME 113 624 136 146 139 654 EXPENDITURE: Church act¢vities Raising Funds 3a 3b 118,562 8,187 14,912 133,474 8,187 128,503 13,980 TOTAL EXPENDITURE 126 749 141 661 142 483 INCOMINGI (OUTGOING) RESOURCES (13,125> 7,610 (5,515) (2,829) MOVEMENTS 8WEEN FUND TYPES Ila 1,416 (1,416) GAINS AND {LOSSES) ON INVESTMENTS 155 155 584 CONTRIBUTIONS IN KIND 18,980 MOVEMENT OF FUNDS (11,709) 6,194 155 (5,360) 16,735 BAL4NCES BROUGHT FORWARD AS AT I JANUARY 2024 553,328 193,426 6,782 753,536 736,801 BALANCES CARRIED FORWARD 31 DECEMBER 2024 541619 199 620 748 176 753 536 Part Two- Page 2
Annual Report and Financlal Statements of PCC Chalk 2024 PAROCHIAL CHURCH COUNCIL ST MARYTHE VIRGIN CHALK BALANCE SHEET AT 31 DECEMBER 2024 Note FIXED ASSETS Tangible fixed assets Investment assets 5a 5b 652,515 6,937 657,209 6,782 659,452 663,991 CURRENT ASSETS Debtors Short term deposits Prepayments Cash in hand 10,240 18,021 7,152 15,248 75,390 79,867 103,651 102,267 SHORT TERM LIABILITIES: amounts due within l year 14,927 12,722 NET CURRENT ASSETS 88,724 89,545 LONG TERM LIABILITIES amounts due wlthln more than l year 9a ASS5 748 176 753 536 FUNDS Unrestrlcted 541,618 553,328 Restricted 199,621 193,426 Endowment 6,937 6,782 TOTAL E ur 748,176 753,536 Approved by the Parochial Church Counal on 28th March 2025 and slgned on Its behalf by: The Revd Nigel Bourne (Vicar & PCC Chairman) Part Two - Page 3
PAROCHIAL CHURCH COUNCIL ST MARYS THE VIRGIN CHALK NOTES TO THE STATEMENT OF FINANCIAL STATEMENTS YEAR TO 31 DECEMBER 2024 The PCC operates legally under the Parochial Church Council Powers Measure (1956) and the Church Representation rules (2011) as amended from time to time through General Synod. The principal address is The Vicarage, 2a Vicarage Lane, Chalk, Gravesend, Kent DA12 4TF. I. ACCOUNTING POLICIES The PCC is a public benefit entity within the meaning of FRS102. The financial statements have been prepared under the Charities Act 2011 and in accordance with the Church Accounting Regulations 2006 governing the individual accounts of PCC'S and with the Regulations, true and fair view, provisions, also they have been prepared under FRS102 (2016) as the applicable accounting standards and the 2016 version of the Statement of Recommended Prattice, Accounting and Reporting by Charities (SORP(FRS102)). ASSETS Consecrated and benefice property In so far as consecrated and benefice property of any kind is excluded from the statutory definition of 'charity' by Section 10(2) (a) and (c) of the Charities Att 2011 such assets are not capitalised in the financial statements. Moveable church furnishings Movable church furnishings held by the Vicar and Churchwardens on special trust for the PCC, and which require a faculty for disposal, are accounted as inalienable property unless consecrated. They are listed in the church's inventory, which can be inspected (at any reasonable time). For inalienable property acquired prior to (2000) there 15 insufficient cost information available and therefore such assets are not valued in the accounts. Items acquired since l January 2000 have been capitalised and depreciated in the accounts over their currently anticipated useful economic life (initially over 5 years) on a straight-line basis. Tangible fixed assets for use by the charity These are capitalised if they can be used for more than one year and cost at least £1,000. Investments Investments are quoted at market value as at 31 Dec 2024. Short term deposits These are cash holdings on deposit with CBF Church of England funds, at Natwest Bank and Barclays Bank or with CMCU (Churches Mutual Credit Union) Current Assets Amounts owing to the PCC at 31 December in respect of fees, rents or other income are shown as debtors less provision for amounts that may prove uncollectsble. Current Liabilities Goods and services received by the year end but not yet invoiced or paid for are included in the accounts as accruals. Wedding deposits received in respect of the following year are deferred. Cont... Part Two - Page 4
Incoming resources Voluntary income andcapital sources Collettions are recognised when received by or on behalf of the PCC. Planned giving receivable under Gift Aid is recognised only when received. Income tax recoverable on Gift Aid donations is recognised when the income is recognised. Grants and legacies to the PCC are accounted for as soon as the PCC is notified of its legal entitlement, the amount due is quantifiable and its ultimate receipt by the PCC is reasonably certain. Funds raised by the fete, bazaars and similar events are accounted for gross. Sales of books and magazines from the church bookstall are accounted for gross. Otherincome Rental income from the letting of the church premises is recognised when the rental is due. Income from investments Dividends are accounted for when due and payable. Interest entitlements are accounted for as they accrue. Tax recoverable on such income is recognised in the same year. Gains andlosses on investments Realised gains or losses are recognised when investments are sold. Unrealised gains or losses are accounted for on revaluation of investments at 31 December, Resources used Grants Grants and donations are accounted for when paid over, or when award creates a binding obligation on the PCC. Activities dirertly relatsng to the work of the Church The Parish Share contribution to Rochester Diocese made under the 'Offer' system is accounted for when paid. Any unpaid amount at 31 December is provided for in these accounts as an operational (though not legal) liability and is shown as a creditor in the Balance Sheet. Volunteers The accounts do not show the monetary value of volunteers who have assisted during the year. FUNDS Unrestricted Funds These represent the remaining income funds of the PCC that are available for spending on the general purposes of the PCC, including amounts designated by the PCC for fixed assets for its own use or for spending on future projects and which are therefore not included in its 'free reserves, as disclosed in the Trustees Report. Restricted Funds These are income funds that must be spent on restricted purposes and details of the funds held and restrittions provided are shown in the notes to the accounts. Endowment Funds These are restrirted funds that must be retained as trust capital either permanently or subject to a discretionary power to spend capital as income, and where the use of any income or other benefit derived from the capitsl may be restritted or unrestricted. Full details of their restrictions are shown in the notes to the accounts. Part Two - Page 5
Annual Reports and Financial Statements of PCC Chalk 2024 PAROCHIAL CHURCH COUNCIL ST MARY THE VIRGIN CHALK NOTES TO THE sfATEMENT OF FINANCIAL ACTIVITIES 31 DECEMBER 2024 INCOME & ENDOWMENTS Uot2stllth B£stlltsd EDdowm£Dt funds funds funds TOT 20 TA Note Voluntary income Planned giving: Gift Aid donations Tax recoverable Collections (open plate) Grants Donations, appeals, etc. Legacies 2a 31,476 10,026 10,619 31,476 12,300 10,627 1,297 25,526 3,667 34,751 15,605 9,619 1,020 16,338 5,982 2,274 1,297 17,943 1,000 7,583 2,667 2b Activities for generating funds Bookstall/Mag Adverts Summer Fete Firework Display Christmas Bazaar 100 Club Teas/Coffees Other 559 3,496 559 3,496 786 2,904 8,609 1,971 1,304 32 80 2,159 1,124 2,159 1,124 2c Income from Investments Investment income Dividends & Bank deposit interest Misc Income 1,301 1,301 613 613 2d Income from church activities 12 Church hall letting5 etc. Fees (Wedding5 & Funerals) Take-a-Break 32,656 3,382 32,656 3,382 28,088 3,999 Total Income 113,624 22,522 136,146 139,654 Part Two - Page 6
Annual Reports and Financial Statements of PCC Chalk 2024 PAROCHIAL CHURCH COUNCIL ST MARY THE VIRGIN CHALK NOTES TO THE STATEMENT OF FINANCIAL ACTIVITIES 31 DECEMBER 2024 3 EXPENDuRE Note Unrestricted Restricted Endowmen TOTAL TOTAL 2023 3a Church Activities Missionary and charitable giving Overseas Overseas relief and development agencies Home missions and other societies Ministry Contribution to Rochester Diocese Loave5 & Fishes (puppet ministry) Other costs Church running costs & maintenance Major repairs (tower & roof) Expenditure on parish magazine and bookstall Upkeep of other PCC property Church hall running costs Organists payments Administration including professional fees Printing and stationery Depreciation on hall and church equipment 1,585 3,275 1,585 3,275 562 4,477 51,000 7,887 1,550 14,790 51,000 8,017 1,550 20,501 50,000 6,269 2,461 21,928 130 5,711 8,530 17,281 3,608 12,138 17,281 ii,iio 15,011 1,825 3,877 157 1,982 3,877 1,992 2,786 117,728 14,912 132,640 127,693 Support Costs Independent Examiner's fee 834 834 810 118 562 133 474 128 503 3b Ralsing funds Christmas Bazaar Firework Display Summer Fete Fund Generation - Other Costs of stewardship campaign Take-a-Break 319 319 243 4,941 1,449 1,252 24 48 1,252 24 48 44 TOTAL RESOURCES EXPENDED 126 749 141 661 142 483 4 STAFF & RELATED PARTY TRANSACTIONS (last year in brackets) Vicar's stipend is paid by Rochester Diocesan Board of Finance The PCC employs no paid staff. Julie Garrod, a trustee, was paid consultancy fees of £6,570 (£4,413) for running the Loaves & Fishes outreach program. Nigel Bourne, PCC Chairman and trustee was reimbursed £2,407 for 12 mths ministry expenses. There are no related party transactions or payments to other trustees to report. Aggregate donations by 12 of 16 Trustees is £9,503 (£9,480) Part Two - Page 7
Annual Reports and Financial Statements of PCC Chalk 2024 PAROCHIAL CHURCH COUNCIL ST MARYTHE VIRGIN CHALK NOTES TO THE STATEMENT OF FINANCIAL ACTIVITIES 31 DECEMBER 2024 FIXED A E BY THE PCC Freehold land Church ndb Paintin statue TAL 5a Tangible fixed assets Attualldeemed costs at l Jan 2024 additions disposals at 31 December 2024 799,518 6,740 57,765 I,ioo 858,383 6,740 806 258 865 123 Depreciation at l January 2024 charge for the year Adjustment disposals at 31 December 2024 164,764 9,211 36,410 2,223 201,174 11,434 173 975 212 608 Net book value at 31 December 2024 632 283 652 515 at l January 2024 634 754 657 209 The freehold land and building comprise the land and buildings at the Parish Hall, Lower Higham Road, Chalk and the land adjacent to the Church comprising The Woodland, car park and two barns. Depreciation is provided to write off the cost over the expected useful life of the assets, on a straight line basis, at the following annual rates. Parish Hall 10/0 Parish Hall equipment 5-100/0 Church equipment 20Wo Church Barns 30/0 Land and paintings, etc. are not depreciated. 5b Investment fixed assets Movements in the year Market value at l January 2024 revaluation gain or loss at 31 December 2024 6,782 155 The holding at 31 December 2024 was 300 units in CBF Church of England Investment Fund for the maintenance of the chancel. 6 ANALYS OFN ND nrestrict nds TOTAL 2024 funds Fixed assets for Church use Investment fixed assets Current assets Current liabilities 482,525 169,990 652,515 6,937 103,651 -14,927 6,937 68,391 -9,298 35,260 -5,629 541,619 199 620 748 176 Part Two- Page 8
Annual Reports and Financial Statements of PCC Chalk 2024 PAROCHIAL CHURCH COUNCIL ST MARY THE VIRGIN CHALK NOTES TO THE STATEMENT OF FINANCIAL ACTIifiTIES 31 DECEMBER 2024 20 7 Donations in kind Volunteers contribute in many ways to support the church ministry. The following roles are carried out by volunteer5 Church Warden, Organist, Hall Manager, Hall Secretary, TreaSur, Verger, Choir Master, Event Organisers, Church Cleaners, Bell rlngers. Marshalls Charity - Grant for church heating 18,980 Gift Aid - HMRC Hall rents Other accrued income 7,272 1,218 5,364 1,788 9 Liabilities. Accruals Creditors Hall deposits Hands of Compassion funds Deferred income un on 5,995 2,741 80 6,111 7,467 2,075 80 3,100 9a Liabilities: amounts due within more th Hall car park is leased at E272 per annum 10 Desi nat fun Within unrestricted funds are balances as provision for necessary repairs to the church hall and a similar repair fund for the fabric of the church. Transfers are made regularly to provide maintenance funds for the buildings. 31.12.23 Xfer In Xfer Out 31.12.24 Hall repair fund (Saved from generalgiving and to be used as and when repairs are required.) Church repair fund (Saved from generalgiving and to be used to satisfy repairs noted In quinquennialsurvey.) Organ Fund (Saved fmm generalgiving and to be used to p1a elettmnic organ) Total 4,265 1,165 5,430 10,959 1,607 12,566 7000 1000 22 224 3 772 8,000 25,996 Part Two - Page 9
Annual Reports and Financial Statements of PCC Chalk 2024 PAROCHIAL CHURCH COUNCIL ST MARY THE VIRGIN CHALK NOTES TO THE STATEMENT OF FINANCIAL ACTIVITIES 31 DECEMBER 2024 IIF Asat 31.12.23 Asat 31.12.24 Restricted funds l assets Purpose and Trust Law restriction. Village Hall asset: (Rear Gorden) Provision of play area for pre-school. KCC grant Village Hall asset: (Air Con equipment) Climate control. Donor restriction Take a Break: (A club 8ffi/ltsted to 11)e church) Community outreach project. Self funded. I la Club control transferred to PCC. Fund type no longer restricted. 3,525 -420 -1,000 2,105 2,400 -600 1,800 1,416 -1416 Fixed assets for Church use: (Land, 88m buildings Artworks) 163,631 -3,949 159,682 Roof & Tower: (Flag fund + roof fund} Repairs and Flag renewals: Appeal restriction. Hall Car Park.. (maintenance) Tree planting and maintenan. KCC grant restriction C of E Children's Society Street collection appeal. Donor restriction Organ Fund For maintsining & replacing the organ In 2027. Appeal restrictlon. • Hall Lift Project & 2026 Refurb Donor restricted Woodland. Donor restricted 484 1,000 -796 688 157 -157 105 -105 17,369 -337 1,000 18,032 867 867 Graveyard/Garden of Remembrance Donor restricted Hall Maintenance Donor restricted Mission & Ministry Fund Puppet ministry Church Maintenance Donor restricted Barn Fund Appeal restriction 150 -150 3,200 32 -3,232 130 -130 4,811 -4,811 0 16,671 -225 16,446 Totals 193426 22522 -14912 -1416 199620 12 Hall Ren Comprise gross rents of £43.373 less subsidies of £10,617 (2023: £39,972 1 £11,484) Part Two - Page 10