THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JOHN, TUNBRIDGE WELLS
REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
St John’s Church Office, Amherst Road, Tunbridge Wells, Kent TN4 9LG
Charity Registration No. 1132603
1
Aims and purpose
St John’s, Tunbridge Wells Parochial Church Council (PCC) has the responsibility, with the incumbent, of promoting the whole mission of the Church in the parish.
In addition, the PCC, as trustees for the registered charity, is specifically responsible for the proper management of the church’s resources, appointment of staff and maintenance of the church and church centre complex of St John’s, Amherst Road, Tunbridge Wells.
Objectives and activities
The primary object is the promotion of the Gospel of our Lord Jesus Christ. The PCC has adopted a mission statement to express its objectives, help guide its decision making and allocate resources to activities which will support and help to fulfil its objectives:
Knowing Jesus better, making Jesus better known
St John’s is a Bible believing church which seeks to glorify God - Father, Son and Holy Spirit - by:
-
Teaching the word of God to help all ages grow in Christ
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Praying and caring for everyone within our church community
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Sharing the good news of Jesus Christ with our parish, our town and the world beyond
There is a commitment to continuing this work seven days a week, on and off site, for all ages and stages of life. This work involves the staff team and many volunteers who give hundreds of hours of their time every week. We are grateful and praise God for their dedication.
The PCC is aware of their legal duty to have regard to the public benefit guidance issued by the Charity Commission and, in particular, the supplementary guidance on charities for the advancement of religion.
To this end our Sunday gatherings and midweek meetings are open to all. And through the teaching of the Bible, prayer to and praise of God, we seek to encourage church members to live out their faith in the local community and their places of work. We seek to serve the local community through funerals, marriage preparation and weddings and baby and toddler groups.
In normal circumstances our church centre is used daily, particularly by children and young people attending clubs and activities which are open to all members of the parish, with or without any church connection and for many at no charge. There is a monthly meeting to welcome people from overseas.
2
Safeguarding
St John’s is committed to safeguarding children, young people, victims/perpetrators of domestic abuse and vulnerable adults.
The PCC has adopted the Church of England’s policies and best practice on safeguarding. A formal statement to adopt the House of Bishops’ “Promoting a Safer Church; safeguarding policy statement” was agreed and signed by the PCC and Churchwardens.
Our parish safeguarding officer is Naomi Vallely supported by Sophie Matthews as her deputy.
Achievements and performance
In 2023 we were pleased to be able to have a full range of church activities following the end of the limitations on when and how we could meet resulting from the Coronavirus pandemic.
Church attendance
There were 326 names (2022: 320) on the Electoral Roll as at 31 December 2023.
In normal circumstances we gather each Sunday at 10.30am and 6.00pm.
Average Sunday attendance in the mornings was 315 adults and in addition 118 children under 14. There would also be about 150 people viewing the service online. This compares with 277 adults, with about 100 people online, and 102 children in 2022. In the evenings the average attendance was 46 with another five online (until the online provision stopped in July) compared to 42 with five online in 2022.
The preaching of the Bible, the word of God, is central to all our gatherings.
Review of the year
The PCC reaffirmed its desire to continue to work under the arrangements for alternative oversight which are now provided by the Right Rev Dr Rob Munro, Bishop of Ebbsfleet.
The PCC was represented at the ReNew Conference. There was continuing support for the Rochester Good Stewards Trust in lieu of the diocesan freewill offering as a means of providing financial support to like-minded churches.
We continue to make grants available to give young people experience of full time Christian ministry and training to develop their Bible handling and teaching skills.
Jonny and Ruth Pullar continued to lead our internationals’ ministry, which again grew substantially in 2023, while also training at Cornhill.
3
Other important ministry leadership roles are filled by volunteers providing indispensable support for the mission of St John’s.
Lauren Moate stepped down as communications and front of house coordinator to become women’s ministry coordinator at Christ Church, Mayfair. Lauren’s role has been split between Lucy Warriner as the new front of house coordinator with the communications work contracted out to draw on expert support where needed
Nora Akroyd decided to retire as our accounts administrator after many years of faithful service and has been replaced by Toby Chiu.
A significant proportion of church members belong to growth groups where they can study the Bible and enjoy fellowship. There are 21 home groups with some 211 members, nine women’s groups with 100 members, seven men’s groups with 66 members and a Bereans group for young adults developing their faith has 14 members.
Good quality music has been an important element of the Sunday gatherings and a large number of church members have contributed through playing instruments or singing. We are grateful for the contribution of their time and talent.
Financial review
The PCC gives praise and thanks to God for his provision over many years expressed through the generous giving of the church family.
Despite the challenging economic circumstances donations increased in 2023 but with an increasing level of activities we incurred additional expenditure resulting in a significant deficit for the year. In addition, work started on an extension to the vicarage the cost of which will be covered by our reserves. The PCC regard this as an important initiative to support the work of the incumbent and the mission of St John’s.
While reserves are at a level to cover deficits in the short term the PCC is aware of the need to aim for a balanced annual budget. Rather than reducing activities the PCC would wish to see this achieved by an increase in giving by the church family.
The PCC has reviewed the charity’s finances in light of the current economic conditions and considers that the charity is a going concern, a view that is also held by the independent examiner.
No legacy income was received in 2023 (2022: £9,000). We are grateful to church members who remember our ministry in their wills.
Reserves policy
The PCC has a policy of holding in reserve in the general fund, as far as it is able, between six and eight weeks' expenditure.
4
With the reserves currently available this policy can be followed.
Other designated funds are held to provide adequate reserves for repairs or major renovation of assets, including provision for the costs of repairs to buildings arising from quinquennial inspections.
Risk Policy
The PCC is aware of the continuing need to assess the major risks to which the church is exposed and be satisfied that systems are in place to mitigate exposure to the major risks. A risk register has been prepared and approved by the PCC. This is be kept under review by the standing committee and presented annually to the PCC for approval.
During the year the major risks impacting upon the work of the church continued to be in the areas of governance, operational, financial, and public engagement. The handbook containing agreed policies and procedures on various areas is reviewed periodically.
The PCC continues to ensure that the legislation applicable to those working with children and young people is adhered to through the appointment of the Parish Safeguarding Officer working with the incumbent and the designated safeguarding leads on PCC.
The PCC regularly reviews the insurance policy wording to ensure adequate cover and compliance.
Structure, governance and management
St John's Church is situated in St John's Road, Tunbridge Wells. It is part of the Diocese of Rochester within the Church of England.
The PCC is a corporate body established by the Church of England. It operates under the Parochial Church Council Powers Measure 1956 as amended and the Church Representation Rules 2011.
The method of appointment of PCC members is set out in the Church Representation Rules. The Churchwardens, the Treasurer and others with specific responsibilities for matters requiring specialist knowledge are able to attend training courses offered by the Diocese or appropriate external bodies. Reading matter on relevant topics is circulated to PCC members.
The PCC can appoint a governor to St John’s Church of England Primary School in Tunbridge Wells to serve alongside the incumbent. This role is currently held by Becky Wheaton. If, as is the position at present, the incumbent chooses not to act as a governor he can appoint a substitute and he has appointed John Neville to this role.
5
The APCM in 2023 was held on 23 April with some people attending in person and others online via Zoom. During 2023 the PCC met 10 times.
PCC members who served from 1 January 2023 until the date of this report were:
| Incumbent: The Rev Tom Nash (Chair) Associate Vicar: The Rev Stephen Boon Churchwardens: Mr Andy Bradshaw Mr Stephen Rigby General Synod Member Mr Andrew Smith Diocesan Synod Member: Mr Stephen Howcroft Deanery Synod Members: Mr James Akroyd Mrs Liz Costain Mrs Zara Stitson Mrs Sue Taylor Mr Steven Tunstead Elected Members: Mr Tom Barker Miss Claudia Chambers Mr Tim Prideaux Mrs Charissa Buggs Mrs Ali Scoble Mr John Finnis Mr John McLernon Mr David Watson Mr Nick Prideaux Lay Chair Mr Simon Curtis Treasurer Mrs Hayley Watts |
Term of Office Ex-Officio Ex-Officio Elected Annually Elected Annually 2021-2026 2021-2024 2023-2026 2023-2026 2023-2026 2023-2026 2023-2026 2021-2024 2021-2024 2021-2024 2021-2024 2023-2024 2023-2026 2023-2026 2023-2026 2023-2026 2022-2025 2022-2025 |
|---|---|
6
Mr Tony Whittome Mrs Bid Case Mr Peter Brown
2022-2025 2022-2025 2022-2025
In Attendance:
Mrs Angela Stromsoe/Mrs Helen Secretary Stone Miss Jenny Williams Associate Minister for Women Mr Jono Chalklin Associate Minister for Youth Mr Craig Hudson Music Director
The following committees work under the authority of the PCC:
Standing Committee
This committee is required by law and meets 10 times each year to transact the PCC's business between meetings, subject to direction from the PCC. It advises the PCC on strategy relating to the mission of St John’s. It oversees the general finances of St John's, monitoring income and expenditure, budgeting and coordinating an annual review of our Christian financial stewardship through planned giving to the church. It may authorise emergency expenditure up to £1,200 without the prior agreement of the PCC.
Mission Committee
The committee promotes mission, Christ's Great Commission, and supports church members and linked workers involved in full time outreach at home and abroad. They keep the church family regularly updated and encourage prayer, giving and practical support for St John's mission workers. They will assist the incumbent in offering guidance to those considering Christian service, whether short or long term and the PCC in undertaking reviews, in line with our objectives, of those who receive grants from the PCC.
Estates Committee
The committee has oversight of the regular maintenance and improvement of the church site and other properties owned by the PCC, and responsibility for properties leased by the PCC. Members act as clerk of works in the supervision of work done on site.
Human Resources Committee
The committee deals with recruitment, employment, organisation and development of lay staff. The requirements for pension auto-enrolment have been met. All eligible staff are enrolled in “The People’s Pension”. The staff handbook is maintained and updated as required. A staff appraisal system is in operation and yearly reviews take place
7
Safeguarding Committee
The committee advises the PCC on carrying out its safeguarding responsibilities including ensuring that appropriate policies are in place, the recruitment process for staff and volunteers takes full account of safeguarding issues including that DBS checks are undertaken and kept updated, and that relevant people undergo appropriate safeguarding training.
Pre aration of re ort and accounts The PCC is responsible for preparing the Parochial Church Council's report and the accounts in accordanct with applicable law and United Kingdom accounting standards. The law applicable to charities in England and Wales requires the PCC to prepare accounts for each financial year which give a true and fair view of the state of affairs of the church and of the incoming resources and application of resources of the church for that year. In preparing these accounts. the PCC is required to.- select suitable accounting policies and then apply them CL)nsistently", obserrfe the methods and principles in the Charities SORP", make judgements and estimates that are reasonable and prudent" state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the accounts,. and prepare the accounts on the going (x)ncem basis unless it is inappropriate to presume that the charity will continue in operation. Approved by the PCC and signed on its behalf by: Nicholas Prideaux Lay Chair Date
9
THE ECCLESIASTICAL PARISH OF ST JOHN, TUNBRIDGE WELLS
INDEPENDENT EXAMINER'S REPORT
TO THE MEMBERS OF THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JOHN, TUNBRIDGE WELLS
I report to the trustees on my examination of the accounts of the Parochial Church Council of the Ecclesiastical Parish of St John, Tunbridge Wells for the year ended 31st December 2023.
Responsibilities and basis of report
As the charity trustees you are responsible for the preparation of the accounts in
accordance with the requirements of the Charities Act 2011 (‘the Act’).
I report in respect of my examination of the charity’s accounts carried out under
section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
Independent examiner's statement
Since the charity’s gross income exceeded £250,000 your examiner must be a member of a
body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I a member of the Institute of Chartered Accountants in England & Wales, which is one of the listed bodies.
I have completed my examination. 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:
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accounting records were not kept in respect of the charity as required by section 130 of the Act; or
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the accounts do not accord with those records; or
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the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations
2008 other than any requirement that the accounts give a ‘true and fair view' which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
S Hale
Steve Hale FCA, FCCA
For and on behalf of Perrys Audit Limited
Churchdown Chambers
Bordyke Tonbridge Kent TN9 1NR 3rd June 2024
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THE ECCLESIASTICAL PARISH OF ST JOHN, TUNBRIDGE WELLS
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31ST DECEMBER 2023
| Note Income from: Donations and legacies 3 Charitable activities 3 Investments 3 Total income Expenditure on: Charitable activities 4 Total resources expended Gain/losses on revaluation of fixed assets 8,9 Net incoming resources before transfers Gross transfers between funds Net movement in funds Fund balances at 1.1.23 Fund balances at 31.12.23 |
Unrestricted Unrestricted general designated Restricted funds funds funds £ £ £ 500,795 - 24,455 84,578 - - - 8,090 - 585,373 8,090 24,455 [2022: £530,453] [2022: £11,708] [2022: £9,138] 720,675 5,176 17,268 720,675 5,176 17,268 [2022: £563,011] [2022: £4,410] [2022: £9,697] 12,405 - - [2022: -£11,870] [2022: £50,000] [2022: £nil] -122,897 2,914 7,187 [2022: -£44,428][2022: (£57,928)] [2022: -£559] 122,897 -122,897 - [2022: (£54,428)][2022: £54,428] 0 -119,983 7,187 [2022: £10,000] [2022: £2,870] [2022: -£559] 90,000 1,651,466 1,625 90,000 1,531,483 8,812 |
Total 2023 £ 525,250 84,578 8,090 617,918 [2022: £551,299] 743,119 743,119 [2022: £577,118] 12,405 [2022: £38,130] -112,796 [2022: £12,311] - -112,796 [2022: £12,311] 1,743,091 1,630,295 |
Total 2022 £ 498,681 49,910 2,708 |
|---|---|---|---|
| 551,299 | |||
| 577,118 | |||
| 577,118 | |||
| 38,130 | |||
| 12,311 - |
|||
| 12,311 1,730,780 |
|||
| 1,743,091 |
li THE ECCLESIASTICAL PARISH OF STJOHN. TUN8RIDGE WEi BALANCE SHE AS AT al DEMBER 2023 2023 2022 Notè Fixed assets Tangible assets Investments 773.420 711.337 1.484.757 772,127 698,932 1.471.059 Current assets Stocks Debtor5 Cash at bank and in hand io li 2.885 23.028 218.938 244.851 1.158 28.743 277.073 306.974 Creditors: amounts falllng due within one year 12 99,313 34.942 Net current assets 145,538 272.032 Net ats 1.630.295 1,743,091 Funds Unrestricted funds Designated funds lunrestrictedl Restricted funds 15 90.LXM) 1.651.466 1,625 1,743,091 15 1,531,483 8.812 1.630.295 15 Forthe financial year ended 31 December 2023 the charity wa5 entttled to exemption from audit nder section 144121 of the Charrties Act 2011. The trustees have not required the charity to obtain an audit of its financial statements for the year in question in accordance wth section 144121- the ttustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial ststements. The financial rtatements We approved by the Parochial Church Council and authorised for issue on U-tyNI 2024 and are signed on its behalf by: N. Prideaux Lay Chairman S.Curtis Treasurer 2024
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THE ECCLESIASTICAL PARISH OF ST JOHN, TUNBRIDGE WELLS
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31ST DECEMBER 2023
| Cash flows from operating activities Cash (absorbed by)/generated from operations Investing activities Purchase of tangible fixed assets Interest received Net generated from/(used in) investing activities Net increase in cash and cash equivalents Cash and cash equivalents at beginning of year Cash and cash equivalents at end of year Relating to: Bank balances and short term deposits |
2023 £ £ (59,756) (6,469) 8,090 1,621 (58,135) 277,073 218,938 218,938 |
2022 £ £ (21,079) (9,948) 2,708 -7,240 (28,319) 305,392 277,073 277,073 |
2022 £ £ (21,079) (9,948) 2,708 -7,240 (28,319) 305,392 277,073 277,073 |
|---|---|---|---|
| (28,319) 305,392 |
|||
| 277,073 | |||
| 277,073 |
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THE ECCLESIASTICAL PARISH OF ST JOHN, TUNBRIDGE WELLS
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST DECEMBER 2023
1 Accounting policies
1.1 Accounting convention
The accounts (financial statements) have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts. The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011.
1.2 Going concern
At the time of approving the accounts, the PCC has a reasonable expectation that the Church has adequate resources to continue in operational existence for the foreseeable future. Thus the PCC continues to adopt the going concern basis of accounting in preparing the accounts.
1.3 Charitable funds
Unrestricted funds represent funds of the PCC that are not subject to any restrictions regarding their use and are available for application on the general purposes of the PCC. They comprise:
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General fund: the main fund which is used for supporting mission, clergy and staff costs, youth work, other outreach
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and support activities and the day to day running and administration of the Church.
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Designated funds: funds designated by the PCC for a particular purpose:
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Legacy: for capital expenditure and long term projects;
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Repair fund held by Diocese: for repairs to the Church, Church Centre, 112 Stephen's Road and 12 St David's Road;
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Maintenance: for redecoration and maintenance of the Church and Church Centre;
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Capital Fund - Property: holds the capital value and refurbishment costs of 112 Stephen's Road and 12 St David's Road.
Restricted funds represent funds of the PCC which have been received with restrictions so that they may only be used by the PCC for the purpose stated:
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Voluntary income: received for specific purposes;
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Christian holiday bursary fund: received for bursaries for Christian youth camps.
1.4 Income
lncome is recognised when the Church is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.
Cash donations are recognised on receipt. Other donations are recognised once the Church has been notified of the donation, unless performance conditions require deferral of the amount. lncome tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.
Legacies are recognised on receipt or otherwise if the Church has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset.
Rental income from letting Church premises is recognised when the rent is due.
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THE ECCLESIASTICAL PARISH OF ST JOHN, TUNBRIDGE WELLS
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST DECEMBER 2023
lncome from investments
Dividends and interest are accounted for when due and tax recoverable is recognised in the same accounting period.
Fair Value Gains and losses on investments
Realised gains or losses are recognised when the investment is sold. Unrealised gains or losses are accounted for on revaluation of investments at 31 December.
1.5 Expenditure
Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party, it is probable that settlement will be required and the amount of the obligation can be measured reliably. Irrecoverable VAT is charged as a cost against the activity for which the expenditure was incurred.
Grants
Grants and donations are accounted for when paid or when awarded if a binding obligation is created.
1.6 Tangible fixed assets
Tangible fixed assets are initially measured at cost and subsequently measured at cost ( or deemed cost) or valuation, net of depreciation and any impairment losses.
Consecrated land and buildings and movable Church furnishings
Consecrated and beneficed property of any kind is excluded from the financial statements by s10(2)(a) of the Charities Act 2011 . The Church Centre is attached to the Church and falls within this exclusion. Moveable 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. For inalienable property acquired prior to 2000 there is insufficient cost information available and therefore such assets are not valued in the financial statements. Expenditure incurred during the year on consecrated or beneficed buildings and moveable Church furnishings, whether maintenance or improvement, is written off.
Other land and buildings
Other land and buildings held on behalf of the PCC for its own purposes are shown at deemed cost, which is their valuation in the accounts upon transition to FRS 102, and consists of 112 Stephen's Road, Tunbridge Wells. The property is maintained to a level where its residual value is at least equal to its net book value and any depreciation would therefore be immaterial. Annual impairment reviews are carried out to confirm this.
Fixtures, fittings and equipment
Depreciation is provided on fixtures, fittings and equipment at 20% per annum on cost to write them off over their expected useful lives. Individual items (unless part of a larger capital expenditure programme) with a purchase price of less than £250 are written off in the period in which they are purchased.
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in net income for the year.
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THE ECCLESIASTICAL PARISH OF ST JOHN, TUNBRIDGE WELLS
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST DECEMBER 2023
1.7 Fixed asset investments
Fixed asset investments include investment property (12 St David's Road Tunbridge Wells) and COIF investments. Investment property is property rented to third parties. Investments are initially measured at transaction price excluding transaction costs, and are subsequently measured at fair value at each reporting date. Changes in fair value are recognised in net income/(expenditure) for the year.
1.8 Stocks
Stocks are stated at the lower of cost and net realisable value, which is the estimated net selling price.
1.9 Cash and cash equivalents
Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
1.10 Employee benefits
The cost of any unused holiday entitlement is recognised in the period in which the employee's services are received.
Termination benefits are recognised immediately as an expense when the charity is demonstrably committed to terminate the employment of an employee or to provide termination benefits.
1.11 Retirement benefits
For non-clergy, the regulations relating to auto-enrolment have been met by enrolling all eligible staff in "The People's Pension" - a defined contribution scheme. The pension costs are accounted for on the basis of contributions payable for the year.
For clergy paid by the Diocese, the Diocese has responsibilty for any pension shortfall. For clergy paid by the PCC, there is exemption from pension liabilities as a "minor responsible body".
1.12 Leases
Rentals payable under operating leases, including any lease incentives received, are charged to income on a straight line basis over the term of the relevant lease.
2. Related party transactions
The vicar and associate vicar are trustees on an ex-officio basis. The vicar receives a stipend from the Diocese of Rochester. The associate vicar is seconded on a part time basis from Proclamation Trust with the PCC covering the cost.
No other trustee received any remuneration or benefits or claimed any expenses for their work as trustees (2022 none).
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THE ECCLESIASTICAL PARISH OF ST JOHN, TUNBRIDGE WELLS
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST DECEMBER 2023
| 3. Income Donations and gifts Gift aid donations Income tax recoverable Other planned giving Collections and specific donations Other income Legacies receivable Charitable activities Church activities Fees Hire of Church, Church Centre, and other church properties Investment income Dividends and interest Total income 2022 |
Unrestricted Unrestricted Restricted general designated funds funds funds £ £ £ 345,882 - 17,042 91,203 - 3,073 54,359 - 4,340 1,050 - - 8,301 - - 500,795 - 24,455 - - - 34,914 - - 1,485 - - 48,179 - - 84,578 - - - 8,090 - 585,373 8,090 24,455 [£530,453] [£11,708] [£9,138] |
Total 2023 £ 362,924 94,276 58,699 1,050 8,301 525,250 - 34,914 1,485 48,179 84,578 8,090 617,918 [£551,299] |
Total 2022 £ 341,536 82,121 54,097 11,927 - |
|---|---|---|---|
| 489,681 9,000 18,092 1,002 30,816 |
|||
| 49,910 2,708 |
|||
| 551,299 | |||
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THE ECCLESIASTICAL PARISH OF ST JOHN, TUNBRIDGE WELLS
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST DECEMBER 2023
| 4. Expenditure - Charitable activities Staff costs Depreciation Training Ministry expenses Printing and stationery Telephone and postage Running expenses Cost of services Other ministry costs Other property costs Insurance Bank charges Legal fees Grants (note 5) Governance costs (note 6) 2022 5. Grants payable The Cross Teach Trust Overseas Missionary Fellowship People International WEC International Proclamation Trust UCCF Crosslinks TW Street Pastors The Christian Institute True Freedom Trust C of E Evangelical Council Renew Annabelle Taylor London City Mission GAFCON Operation Mobilisation Ukraine Rochester Good Stewards Rochester Diocese Church Family Support Fund Release International 2022 |
Unrestricted Unrestricted Restricted general designated funds funds funds £ £ £ 333,051 - - - 5,176 - 29,673 - - 7,017 - - 5,163 - - 3,068 - - 103,200 - - 5,199 - - 40,533 - 1,072 103,963 - - 13,971 - - 1,535 - - - 70,664 - 16,196 3,638 - - 720,675 5,176 17,268 [£563,011] [£4,410] [£9,697] Unrestricted Unrestricted Restricted general designated funds funds funds £ £ £ 9,122 - - 9,368 - - 16,187 - - 7,622 - - 4,400 - - - - - 8,565 - - 250 - - 250 - - 500 - - 1,000 - - 1,000 - - 400 - - - - 5,099 - - - - - - 12,000 - - - - - - - 6,041 - - 5,056 70,664 0 16,196 [£69,096] [£nil] [£9,108] |
Total 2023 £ 333,051 5,176 29,673 7,017 5,163 3,068 103,200 5,199 41,605 103,963 13,971 1,535 - 86,860 3,638 743,119 [£577,118] Total 2023 £ 9,122 9,368 16,187 7,622 4,400 - 8,565 250 250 500 1,000 1,000 400 5,099 - - 12,000 - 6,041 5,056 86,860 [£78,204] |
Total 2022 £ 284,290 4,410 31,703 10,903 4,792 2,301 89,255 5,263 26,386 22,480 11,832 1,091 672 78,204 3,536 |
|---|---|---|---|
| 577,118 | |||
| Total 2022 £ 8,208 6,707 12,671 6,707 8,840 3,341 7,622 550 550 550 550 250 - 6,056 550 3,027 12,000 25 - - |
|||
| 78,204 | |||
Nick Prideaux is a trustee of People International, John McLernon and Andrew Smith are members of the C of E Evangelical Council , John McLernon is an employee of Crosslinks, Stephen Boon was a trustee of Crosslinks, Stephen Rigby was a trustee of UCCF, and Simon Curtis is a trustee of TW Street Pastors.
Each of them abstained from any discussion and voting concerning donations to their respective organisations.
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THE ECCLESIASTICAL PARISH OF ST JOHN, TUNBRIDGE WELLS
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST DECEMBER 2023
| 6. Governance costs Accountancy Independent examiner's fees Other governance costs |
2023 £ 1,872 1,002 764 3,638 |
2022 £ 1,813 971 752 |
|---|---|---|
| 3,536 |
7. Employees
The average number of persons employed by the charity during the year was:
| Ministry staff (full time equivalent) Enabling staff (full time equivalent) Their aggregate remuneration comprised: Stipends, salaries and associated costs Pension contributions (non-stipend staff) |
2023 4.17 3.5 7.67 320,518 12,533 333,051 |
2022 3.25 4 |
|---|---|---|
| 7.3 | ||
| 273,000 11,290 |
||
| 284,290 |
These figures include the vicar and associate vicar who are employed by the Diocese of Rochester and Proclamation Trust respectively, but the costs of employment are met by St John's.
Ministry trainees are offered training at Cornhill, provided with an accommodation allowance and a small living allowance. They are not employees and are not included in the above figures.
| 8. Tangible fixed assets Cost/valuation At 1 January 2023 Additions Revaluation At 31 December 2023 Depreciation and impairment At 1 January 2023 Depreciation charged in the year At 31 December 2023 Carrying amount At 31 December 2023 At 31 December 2022 |
Land & buildings £ 760,000 - - 760,000 - - - 760,000 760,000 |
Fixtures, fittings & equipment £ 184,489 6,469 - 190,958 172,362 5,176 177,538 13,420 12,127 |
Total £ 944,489 6,469 - |
|---|---|---|---|
| 950,958 | |||
| 172,362 5,176 |
|||
| 177,538 | |||
| 773,420 | |||
| 772,127 |
19
THE ECCLESIASTICAL PARISH OF ST JOHN, TUNBRIDGE WELLS
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST DECEMBER 2023
| 9. Fixed asset investments Market value at 1 January 2022 Change in the year Market value at 31 December 2022 Historical cost 10. Stocks Book stock held 11. Debtors Gift aid debtor Prepayments and accrued income 12. Creditors - amounts falling due within one year Other taxation and social security Trade creditors Accruals and deferred income |
Investment COIF Total Property investment 2023 2023 2023 £ £ £ 590,000 108,932 698,932 0 12,405 12,405 590,000 121,337 711,337 - 24,035 24,035 2023 2022 £ £ 2,885 1,158 2023 2022 £ £ 7,543 11,849 15,485 16,894 23,028 28,743 2023 2022 £ £ 3,795 3,863 48,447 25,268 47,071 5,811 99,313 34,942 |
Total 2022 £ 695,802 3,130 |
|---|---|---|
| 698,932 | ||
| 24,035 |
13. Financial commitments, guarantees and contingent liabilities
St John's School Site Trustees (the incumbent and churchwardens)
The Trustees of the St John's Infant School site made a contribution to the costs of the Church Centre and 12 St David's Road Tunbridge Wells. If either property is ever sold, a proportion of the proceeds will be repaid to the Trust.
| 14. Cash generated from operations Surplus/(deficit) for the year Adjustments for: Investment income recognised in the SOFA Fair value gains and losses on investments Depreciation of tangible fixed assets Movements in working capital: Change in stocks Change in debtors Change in creditors Cash absorbed by operations |
2023 2022 £ £ (112,796) 12,311 (8,090) (2,708) (12,405) (38,130) 5,176 4,410 (1,727) (156) 5,715 (2,933) 64,371 6,127 |
|---|---|
| (59,756) (21,079) |
20
THE ECCLESIASTICAL PARISH OF ST JOHN, TUNBRIDGE WELLS
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST DECEMBER 2023
| 15. Funds Unrestricted funds General fund Designated funds (unrestricted) Legacy fund Repair funds at Diocese Maintenance fund Capital fund Total designated funds Total unrestricted funds Restricted funds Special collections Church Family Support Fund Christian holiday bursary fund Repairs fund Total restricted funds Total funds |
Balance Income Expense Investment Transfers Balance at 1.1.23 gain at 31.12.23 90,000 585,373 (720,675) 12,405 122,897 90,000 165,059 5,364 - - -91,747 78,676 92,869 2,726 - - -37,619 57,976 31,411 - - - - 31,411 1,362,127 - (5,176) - 6,469 1,363,420 |
|---|---|
| 1,651,466 8,090 (5,176) - -122,897 1,531,483 |
|
| 1,741,466 593,463 (725,851) 12,405 - 1,621,483 138 10,155 (10,155) - - 138 - 13,050 (6,041) - - 7,009 487 1,250 (1,072) - - 665 1,000 - - - - 1,000 |
|
| 1,625 24,455 (17,268) - - 8,812 |
|
| 1,743,091 617,918 (743,119) 12,405 - 1,630,295 |