CHARITY COMMISSION, Independent examiner's FOR ENGLAND AND WALES I report on the accounts Section A Independent Examiner's Report Report to the trustoesl mombers of The Parochial Church Coun¢il of the E¢Gl•siastlcal Parfsh of tho Annunciation 01 the 8l•sMd Vlrgln Mary Chl•lohurnt On accounts for the year •nded 31° December 2023 Charlty no Ilf any) 1132138 Set out on pages I report to the trustees on my examinat'on of the accounts of the above charity {Ihe Trust-) for the year ended 3111212023. Responslbllltles and As the charity trustees of the TNst. you are responsible for the preparation ba31s of roport of the accounts in accordance with the requirements of the Charities Act 2011 (Ihe Acr). I report in respect of my examination of the Trust's CoUnts carried out under section 145 ofthe 2011 Act and in carying out my examination. I have followed the applicable Direclions given by the Charity Commission under section 145(5llb) of the Act. I have COmpted my examination. l eonfimi that no material matters have come to my attention (other than that disdosed below ') in connection with the examination which gives me cause to believe that in, any material respect: accounting records were not kept in aOrdanCe with section 130 of the Aci or the account8 do not accord with the accounting records Independent examin8r'8 ststement I h8ve no concerns and have come across no other matters in connection with the examination to whith attention should be drawn in order to enable a proper understanding of the accounts to be aChed. ' Please lete the wonls in the br8d(ets rfthey do not apply. Slgned: Date: 29 April 2024 Name: Ingrid Cawo(> Relevant professional qualificatlonls) or body Ilf any): CA (SA) Membership number 04871932 Address: 6 Adelaide Road. Chislehurst, BR7688 IER October 2018
Church of the AnnUnatr.0n ofthe Blessed Virgin Mary. Chislehurnt Statement of Financial Activits'es For the Year ended 31st Demter 2023 Total Funds In¢omlnB Resour Actr4frlestsÉenerating Funds Income fvom 1nvesffints ITrrfroM Clwrch ItIeS Otrr IncLvning Resources Total Incoming Resources 50,149 14,C61 .C61 37946 1.201 19, 117.762 L74J YJ17 33.5 410 3.347 99.6 1.201 21.931 128.035 L740 8.533 Chureh •thvFtles Fund Ra151n8 Cosr5 Go¥ernance Costs QnIu8n1 Repalr Wo Total r4esou¥c•s E¥pended 92AS7 L882 175.157 l778 175 275 127M3B 13316 I342 17.2 Net In¢omlnBIOirt8oln¥ Resources before other R•cognlMd Galns and L055•S GaSnllLosslon In¥Éstm•ntAssets¢n
evaluatlon
179• ltsJ4 IW3J531 177A051 1179 1179 Net Mo¥•ment In Funds 1475 4179 IIOl1741 179A561 7rnnsfer Funds 12J401 i0 lalance blkn Inary 2022 367289 61377 4n.785 $53.241 8*l•nc• clfwd 31 D•c•mb•r 2023 2¥91 3n.611 4ry785 Tangle FedAssèts Inv95rments 225.926 225.926 14.161 340 Current Assets ShortTerm Dews#s Cash at bank 4&411 4&411 61377 172 233,698 130.345 Total 285569 44411 U291 340 37L611 473.785 Parlsh Funds UTrrestrlcted Designated Restricted Endowment 285,$69 48,411 22,291 15.340 37L611 367.289 6L377 14,161 473.785
Church of the Annunciation of the Blessed Virgin Mary, Chislehurst Notes to the Financial Statements For the Year ended 31st December 2023 Incoming Resources Total Funds 2023 Fur415 2022 Voluntary Income Planne<l Givingjlarnily Purse Stsndln8 Orders Income Tax Recoverable Collection5 lopen platel Donations/Appeals etc 7.454 24377 7,769 2.223 3,657 45.48n 7A54 24.377 8.434 2,223 7,661 50,149 7,162 23,492 9,035 1,515 7,594 48,798 Artlvities for Generatln8 Funds Sprlng and Autumn Fetes Sunday Coffee Mornings Comrnernorative Mugs Moblle Phone Mast Coffee Stop Produce Sale 2.967 2,967 2,804 427 15 10,000 316 15 10,0 461 15 iO.O(M) 461 14,051 14,051 14,051 Income from Investments Divldends and Interest Included Rentsl Income Doctors Surgery Rentsl Income 47 Holmdale Rd 3,112 2J.IKJ) 13,834 37,946 1.740 L017 5,869 21,OCQ 13,834 40,703 3,380 21,1)00 9,180 33,560 Income from Church Actlvlties Or8anlst Fees 80 330 410 1,201 1.201 1,201 1,201 Other Incomlng Resources Donation for ElettCal work in the churchyard chIehurSt Sc*ity donation for replacement churchyard bench Donations for clock repairs Donation for New Altar Ffontal Ener8y Support Gfant Quinouennlal works VAT refund from LPOW grant 5cherne Refund on Utilities 1,000 1,253 847 L691 19.CQ4 19,084 403 3.347 19.084 2,847 21.931 Total Incomin8 Resources 117.762 1.740 8.S33 128,035 99,680
Total Funds 2023 2022 Resources Éxpended Church Activities Home Missions Secular chaleS Ministry.. Parish Share Mlnlstry.. Costs/ Expenses Church Runnlnyjmalntertance Upkeep of Services New Altsr Frontal Churchyard Upkeep Capella Roof Repalrs Tower Repalrs 05 sur¥ey Printlng and Ststlonery Subscrlptlons Other Parish Costs Bank Charges Counc51 Tax Water 4.276 4,276 63,OCQ 2,045 4,721 712 4,738 63,OLK) L936 4,438 662 63.(IXI 2.04S 2.381 712 6.055 6,210 1,858 989 630 900 187 2,887 257 2,616 5,883 5,424 120 108,824 1,180 447 L180 447 900 144 3,052 292 2,299 5,205 6,535 120 101,882 3.052 292 2,299 5.205 6,535 120 92,457 Insurance Or8anl$t Fees and Cholr Muslc Fund Ralsln8 Costs FeteslEvents Card Reader lease char8es Property Upkeep and Legal Fees 335 162 496 993 335 162 1,696 2,193 150 162 1,446 1,758 1,2(Kl 1,2C Governance Costs Independent Examln 275 275 275 275 250 250 Quinquennial Repair Work Quinquennial Consultants fees Qulnquenn4al Maln Contractor5 13,316 13.316 113,722 127,038 8,422 57,911 66,333 103,518 103,518 10,204 10,204 13.316 Total Resources Expended 197.242 16.856 17.29J 231.389 110,832
TaelXedA1S(Vr1wtroTh 225926 2W26 ThefrtedlnoJnd at47Hc4mdeRort MAthtValue- IUary 14et WDI{Lo551MDu Wu• 15 14.474 PartshTfWtFds MaFk•tv•hJ¢. Ij¥¥¥ Net8•lhllLo$81 74 105 792 Totsl Investments 15.340 Hdthn854t 315fDerernFKr 2023 tthwriyed 2,922.6112022". 1922.61lth¥eStlthan4dmwkerth•tlPs9(2o2z' 137.111nthith of Eland Slx4d InteiostS•oJil•sFLd share1d453.l4(10za.. 45>14)•T¢stha dt¥oIl29 12W2.. 2W.14pl trcrth £512.54 01£24131.111..{79l.74) trTred to4eeF thofiold ofnw tr•ated IsiesCl£d Fund Movements Fw &¥l•nceAtthtMrtofthe Incomlni Re1$ 14747 61J77 {IA20•? Y•stmntGanllLtxsI B44nre •tthe irdofthe 179 43n CuYY•nt A%s•ts IR•rtrfct•dl nance ofthethrthDfEryl4n&. ThE WL%hldkn axpvate Boxd ofFln•rt tsflho orL9nd. Towel FLmd 1,637 3J73 291
BASISOF PREPARATION OFTHEFIIIANCIALsfAIEMEI(rs The Flnandal statements have been prepared under the hbtorkal costcon¥enty"rffl wrth excepti¢)n ¢)f In¥StsYTrtswhtth are reco8nlsed at market value and the FLKed Property whkh i4cUr Ydtued attht 2015 insuAKe ¥thation. The Finano•l Statements have been prepared usinBthe Recelpts 8rMI Payment methcJ. FUNDS EndLwment Fullds are funds in whKh the cafvl must be rn•wrtalJd. Irome n$froM Investment of the endowment may be used ehher as re51rthd orunrestrKted fimdsdependhKq uF4)n the puwknWhkhtheeN1cMent was estsblisbed. Resirl¢ted Funds represent al Incomefromtrustsor ements whth mby be e¥4)ended onlyon those restricted oblects provlded In the tem)50f thetrustor bequesL and bl donations w8rants rerohd for 4 spedfitoble£t or Invlted by the Pccfora specrflt obiect The fisnds may be experyled on thE sp¢dficoblectforthlth theywere ts¢ft. Any balance remalnlng unspent at the end ofthe btar may be taffd foTh¥ard a5a bal the fund. The Pccdoes [t Usual In¥e5t5ep•rat¢tyfor eo¢hfvfid. WhÈrtthere fjs r¥) sep¥ats irwe5tmerrt. lnterestisapportied to indmdual fijnds on In 8vera8e balance basts. Unr•5trlct•d Funds are 8ener•llund5 whlth un be usedforPCCordknarywwpL Income frorn Investrrents.. Rehtjl In¢omefre#m the lettkngofthe VeStInerrt prcoerty1fttherd a55ets147 HOInJ¥¢ Rdl from Chlslthurst Medical Pr•ctSceare re(ty1 wthefi the TeDtsI L% r¢¢rtd. INCOM1146 RESOURCES Planned 8trwln& (ollectbns and don¥tknr4¥• r4eogr ¥then Tax T•fvNlsrtca8 when the I rtsourco tovJhl¢hthey relate ts re. Grants and le8adesare lor when rece bythe PCC DIdendS are atcounted forv4hen ihe reCefvab Interestts rttehed. All other IKome Is recoKnlsed when k is recefved. All Incomln8 resour5 are accountedts y0$5 of any reLqted expendlbJre.whKh15af¢OUrted for separatety under r•sourtes expended. £19.084.01 was recelved fvom the ijsted PFxes ofWCthP ILFfJwi Gr•rf fOrPayOfvATplI for mft contrth5and professlon•l feesfor Qulnquennlal works. The Chislehyr5t Socttty 8&ve a WAt0l£l(tOfthe reFIKemrrt •nd Ofthurth1d A donatlon 01 É846.54vn5 receNed frorn MrsSThryAtsthe purch ofa altarfrtytt•l. An anonymcus don•tlon of£l.CQ)w•s re¢¢iv¢d toards the cost ofel¢¢ir wk kn the thurthywd. IIESOVRCES EXPENDED Grants and donatlons are a¢coufittd p•kl tyr. The Dlo¢eufi parlsh share Is acctyjfttedfor when pald. Amounts rece SFedthaltyfor m155k>n5 arede•lt 4Niih as restricted furth Al other experyliture b reco8nlsed when rt Is pold •nd ¥ttountd for eross of VAT pakl and ary related Incorne. VAT whKh Is sut¢essfullf redaimed ayln5t eXpertsre Is credlted to expenditure when It Is recel¥ed. Qulnqvennknl rep•irs-phase l- t(meed In October 2022 and were ¢omtrd In 2023. £57,124.55 tothe Maln contractor In 2023. Qulnquennlal repalr5 •hase 2- commeKed In Octobw 2023 and wefe awnt4eted In JaN•y 2024. E56.597.13 pa to the maln Cofitrartor kn 2023. The QuinqueThnlal work5 have been fvnded byEIQ204frrffi Re5toralkn Curr•rrtA¢¢ourtaThl atransfer toth? ¢un•rtx¢wnt of£104,C( wlthdr•wn fromthe Gera1 ReseNe Atnt ArCheCts and He8hh and SafetyConsuhntsttt$ 01£13.316.4Oforthe Cer¥al w¢xls p•klfrom the R0dr Church Repalr. Cr¥l8nated-fvnd5 The flve yeèr Electrlcal certfficate and assodow rem•dl4 olQ340w•s p•W from Ro&sterChurth Repa4r- Designitrd Funds Ibtt Mosety were paKI £1.2(•Jlor wofessknwl feesfL¥the rqntf4wtyI47. >k)h7 Ib)ad. th15Wa5p•l6fr¢nthe Rochester Church Hotsse Repalr- Deenated- Fur FIXEDASSETS Cwsecrated aThJ beneffte Property15 It Induded iTrthe x¢wnts In 0)rdalWIth &9612M•l ofdw ChatltlesAct 1993. Moveable church furnlshings hdd by thevicar and churchwardenson 5ped3ltrustforthÈ PCC andwhth requlre a far1ty1or disposal are inallenabk property. lsted Irsthe dwrth's Inverrtin. whthtsn be knspected fat¥ r•sonable bmel. Flxed AssetsacquSred prlorto 2CW bttn fully1n off. IrKbJdkn6ih05e stll in w.for whh wTdw5e ¢5¢XIst. The Freehdd Larnl •nd are ststed * the 2015 InSuM¢•Va1kn. and are treated as w IrNe5bTh property. w6th1n Fed tssets. LNv¥lue assttswlth a wrthase pe01£s(l le55, areTATrtI olf7*kntheasseti5 wuwed. Investments are valued at m4rketvalue¥t 3tst (knber.
PAROCHIAL CHURCH COUNCIL ANNUAL REPORT FOR 2024 May 2024
Administra � ve Informa � on
The Church of the Annuncia � on of the Blessed Virgin Mary was built in 1870 and is situated in the busy High Street in Chislehurst. It is part of the Diocese of Rochester within the Church of England. The correspondence address is The Church of the Annuncia � on, High Street, Chislehurst, BR7 5AQ.
The Parochial Church Council of the Ecclesias � cal Parish of the Annuncia � on of the Blessed Virgin Mary Chislehurst is a charity registered with the Charity Commission in accordance with the Chari � es Act 2006 (Charity Number 1132138).
Objec � ves: We rejoice in our long history and heritage of the Catholic tradi � on of the Church of England, and a celebra � on of the Mass is o � ered most days and the Blessed Sacrament perpetually reserved. The Resolu � on under the Women Bishop's legisla � on has been passed, and the Church is under the pastoral care of the Bishop of Richborough, although following his re � rement the Bishop of Fulham is currently performing this role. The incumbent is the Reverend Paul Farthing. We have an Honorary Assistant priest, Canon David Herbert and one Reader Emeritus, Miss Jennifer Smith.
The PCC also has maintenance responsibili � es for the church building, the vicarage and the former curate’s house at 47 Holmdale Road Chislehurst.
PCC Membership: Members of the PCC are either ex-o � cio or elected by the Annual Parochial Church Mee � ng (APCM) in accordance with the Church Representa � on Rules.
During the year, the following served as members of the PCC:
| Incumbent | The Reverend Paul Farthing |
|---|---|
| Churchwardens | Mr John Symes |
| Mr Andrew Allen | |
| Deanery Synod Representa�ves | Mr J Michael Owen |
| Elected Members | Mrs Anne Harrison (Treasurer) |
| Mrs Paula Howard | |
| Miss Carole Poll | |
| Mrs Beverly Porter | |
| Mrs Sally Thorn | |
| Mr Michael Watson (PCC Secretary) |
PCC Commi � ees: The PCC operates through the Standing Commi � ee which meets as and when the need arises. This is the only commi � ee required by law. It has power to transact the business of the PCC between mee � ngs, subject to any direc � ons given by the Council.
Achievements and Performance
Church A � endance: There are 70 parishioners on the Church Electoral Roll, of whom 40 reside outside the parish.
Review of the Year: The church and its ac � vi � es are mainly back to normal a � er the COVID pandemic. Some members of the congrega � on have not returned, but we have been pleased to be able to welcome some new families.
The PCC met eight � mes during the year.
We con � nue to provide a Parish website, now with the Church of England A Church Near You website at www.achurchnearyou.com/annuncia � on-chislehurst .
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Canon Herbert has con � nued as editor of our monthly parish magazine which is produced in addi � on to the weekly pew-sheets. No charge is made for this, and the magazine con � nues to be well received and covers a wide range of topics.
The church has con � nued to give generously to charitable organisa � ons both locally and overseas.
The work of the Church and all its achievements are dependent upon the � me and talents its members bring to support all its ac � vi � es, and the PCC take this opportunity to thank all who have contributed during the year in any way to support our Church of The Annuncia � on.
Working par � es have undertaken church and churchyard cleaning, usually once a month, and the vicar and churchwardens are most grateful for the e � orts of a small but dedicated number of parishioners. A co � ee morning held once every week has proved popular, and has a � racted many visitors into church.
Financial Review: A Summary of the Parish Accounts is a � ached to this report.
Future Plans and Concerns: We have to report the death of two long-standing member of our congrega � on, Mrs Barbara Stuart and Mrs Daphne Vickers.
Substan � al repair work to the fabric of the building has been completed, but necessary repairs to the tower are s � ll to be undertaken. A major fund-raising e � ort will be needed before this can proceed.
Reserves and Investment Policy: It is the policy of the charity to maintain unrestricted funds, which are the free reserves of the charity, at a level that equates to approximately six months expenditure. This provides su � cient funds to cover management and administra � on and support costs and to respond to emergency applica � ons for grants which arise from � me to � me. Unrestricted funds were maintained at this level throughout the year. It is our strategy to invest our funds balances with the CBF Church of England Deposit Fund.
Risk and Safeguarding Policy: A child protec � on policy is in place, and in compliance with the Criminal Records Bureau requirements for those working with young children and vulnerable adults, CRB clearance has been obtained. The PCC are commi � ed to ensuring that our church and hall are safe places for all who use them, and the House of Bishops Safeguarding Policy has been formally adopted. All PCC members have received appropriate safeguarding training.
For more detailed informa � on and guidance see the Parish Safeguarding Handbook, www.rochester. anglican.org and click on safeguarding.
Arrangements are in place for dealing with cash i.e. all money to be banked is placed in a wall safe and the money deposited in the bank each week. The church building to complies with the Disability Discrimina � on Act. With reference to �re regula�ons, the ex�nguishers are regularly serviced and a Fire Risk Assessment has been completed.
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