THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JOHN, TUNBRIDGE WELLS REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 st John's Church Office. Amherst Road. Tunbridge Wells, Kent TN4 9LG Charity Reglstration No. 1132603
Aims and ur ose 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. Ob'ectives 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 rts 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: Tèaching the word of God lo help all ages grow in Christ. Praying and caring for everyone within our church community. Sharlng the good news of Jesus Christ with our parish, our town and the world beyond. There is a commitsnent 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 advanment 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 daity, 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.
Safe uardin St John's is commttted to safeguarding children, young people, victimslperpetrators 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" is agreed and signed by the PCC annually. Our Parish Safeguarding Officer (PSO) is Naomi Vallely. who is supported in her role by the members of the Safeguarding Team. The PSO is the key link between the Diocese of Rochester and St John's concerning all safeguarding matters. Our PSO is appointed by. and supports. the PCC in the delivery of the PCC'S safeguarding responsibilities. This includes supporting the PCC in the delivery of its responsibilities around Safer Recruitment and People Management- for instan, by maintaining records, supporting recruitment, coordinating DBS applications (including updates to DBS status). and seeking advi from the Diocesan Safeguarding Team. In addition, our PSO liaises with the Di0san Safeguarding Team to determine what level of Safeguarding Training is appropriate for Church Officers (both members of staff and volunteers) and to ensure that this is satisfactoriw completed on time. Achievements and erformance In 2024 we were pleased to be able to have a full range of church activities. Church attendance There were 321 names (2023: 326) on the Electoral Roll as of 31 December 2024. In normal circumStanS we gather each Sunday at 10.30am and 6.00pm. Average Sunday attendance in the mornings was 338 adults and in addition 132 children under 14. There would also be about 126 people viewing the service online. This compares with 315 adults. with about 150 people online, and 118 children in 2023. In the evenings the average attendance was 42, 46 in 2023. The preaching of the Bible, the word of God. is central to all our gatherings.
Review of the year The PCC reaffirmed tts desire to continue to work under the arrangements for alternative oversight which are provided by the Right Rev Dr Rob Munro, Bishop of Ebbsfleet. The PCC was represented atthe ReNew Conferen. There was continuing support for the Rochester Good Stewards Trust as a means of providing financial support to like-minded churches. We continue to make grants available to give people experien of full time Christian ministry and training to develop their Bible handling and teaching skills. Jonny and Ruth Pullar completed Iheir training al Cornhill and handed over the leadership of the internationals ministry to Brian Wong. This ministry continues to maintain a good number of attendees. with an average of approximately 40 attending the monthly Global Café in 2024. Brian is also training at Cornhill. Jonny and Ruth Pullar's move to Italy was delayed but they have now taken up their post with Crosslinks and are added to our Mission Partners. Jon Knight and Helen Hayward commenced their ministry roles coordinating Growth Groups. We are grateful for the contribution of ourAssociate Minister for Women, Jenny Williams, who left in April 2024. Other important ministry leadership roles are filled by volunteers providing indispensable support for the mission of St John's. A significant proportion of church members belong lo small groups where they can study the Bible and enjoy fellowship. There are 21 home growth groups with 24 leaders and some 182 members. Nine women's growlh groups with 16 leaders and 86 members. Seven men's growth groups with 8 leaders and 58 members and a Bereans growth group for young adults developing their faith has 11 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. Flnancial review The PCC gives praise and thanks lo God for his provision over many years expressed through the generous giving of the church family. Despite the Continuing challenging economic circumstances donations increased in 2024. A significant deficit was anticipated; however. we give thanks to the Lord for
His provision and a small surplus was achieved. Capital Reserves have reduced due to Capital Expenditure on the vicarage and are at a level to cover deficits in the short term, the PCC is aware of the need to hold sufficient capital reseNes for at least six to eight weeks. Rather than reducing activities the PCC would hope to see an increase in Gospel ministry, and this being achieved by an increase in giving by the church family. The vicarage extension was completed early in 2024 and now fulfils the important part of supporting the work of the incumbent and the mission of St. John's. The PCC has reviewed the charity's ffinanS 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. Legacy income of £8473 was received in 2024 {2023'. Nil). We are grateful to church members who remember our ministry in their wills. Reserves policy The PCC has a policy of holding in resetve in the general fund, as far as it is able. between six to eight weeks expenditure. With the reserves currently available this policy can be followed. Other designated funds are held to provKle adequate Teserves for repairs or major renovation of assets. including provision for the costs of repairs to buildings arising from quinquennial inspections. Risk Pollcy 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 policie5 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 overnance and mana ement 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 melhod 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 extemal 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. The APCM in 2024 was held on 1st May with some people attending in person and others online via Zoom. During 2024 the PCC met 10 times. PCC members who served from 1 January 2024 until the date of this report were.. Term of Office Incumbent: The Rev Tom Nash (Chaimian) Ex-officio Associate Wicar: The Rev Stephen Boon Ex-officio Churchwardens: Mr Andy Bradshaw Mr John McLernon Mr Stephen Rigby Until APCM 2024 From APCM 2024 Elected Annually Elected Annually General Synod Member Mr Andrew Smith 2026 2021-
Diocesan Synod Member: Mr Stephen Howcroft Until APCM 24 2021-2024 Deanery Synod Members: Mrs Liz Costain Mr Simon Curtis Mrs Sue Taylor Mr Steve Tunstead Mr David Watson 2023-2026 2024-2025 2023-2026 2023-2026 2024-2026 Co-opted Treasurer from 2024 Co-opted Elected Members: Mr James Akroyd Mr Andy Bradshaw Mr Tom Barker Mr Peter Brown Mrs Charissa Buggs Miss Claudia Chambers Mr Simon Curtis Mr John Finnis Mrs Monique London Mr John McLemon Mr Nick Prideaux Mr Tim Prideaux Mrs Ali Scoble Mr David Watson Mrs Hayley Watts Mr Tony Whittome 2023-2026 2024-2025 2021-2024 2022-2025 2024-2027 2024-2027 2022-2025 2023-2026 2024-2027 2023-2026 2023-2026 2021-2024 2023-2025 2023-2026 2022-2025 2022-2025 Until APCM 2024 From APCM 2024 From APCM 2024 Treasurer to Sept '24 From APCM 2024 Lay Chairman Until APCM 2024 In Attendance: Mrs Helen Stone Mr Jono Chalklin Mr Craig Hudson Secretary Associate Minister for Youth Music Director
The following committees work under the authority of the PCC: Standin Committee This commtttee 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 recruitsnent, employment, organisation and development of lay staff. The requirements for pension auto-enrolment have been met. All eligible staff who have not opted oul 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.
Pre aration of re ort and accounts The PCC is responsible for preparing the Parochial Church Council's report and the accounts in accordance with applicable law and United Kingdom accounting standards. The law applicable to charities in England and Wales requires the PCC to prepare accounls 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 Ihe church for that year. In preparing Ihese accounts. Ihe PCC is required to: select suitable accounting policies and then apply Ihem consistently; observe the methods and principles in the Charities SORP.. make judgements and estimates that are reasonable and ptudenl", state whether applicable accounling standards have been followed, subjecl lo any material departures disclosed and explained in the accounts- and prepare the accounts on the going concem basis unless il is inappropriate to presume Ihal the charity will conlinue in operation. Approved by the PCC and signed on its behalf by. Nicholas Prideaux Wice Chair Dale
THE ECCLE51ASTICAL PARISH OF ST JOHN, TUNBRIDGE WELLS INDEPENDENT EXAMINER'S REPORT TO THE MEMBERS OF THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OFSTJOHN,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 2024. Responslbllltles and basis ol report As the charity trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Art 20111'the Act'l. I report in respect of my examination of the charivs accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed 311 the applicable Directions given by the Charity Commission under section 1451511bl of the Act. Independent examlner's statement Since the charitls gross income exceeded £250,000 your examiner must be a member of body listed in section 145 of the 2011 Act. I confirm that13m qualified to undertake the examination because l 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 mv attention in connection with the examination gin8 me cause to believe that in any material respect.. l. accounting records weie not kept In respect of the charlty as required by sectlon 130 of the Act; or 2. the accounts do not accord with those records,. or 3. the accounts do not comply with the applicable requlrements concerning the fomi and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true fairwew. which is not a matter considered as part of an independent examination. I have no concerns and have come across no other matters in connertion with the examination to which attention should be drawn in this report in order to enable 3 proper understanding of the accounts to be reached. S Hale steve Hale FCA. FCCA For and on behalf of Perrys Audit LimFted Churchdown Chambers Bordyke Tonbridge Kent TN9 INR 29th April 2025
io THE ECCLESIASTICAL PARISH OF STJOHN. TUNBRIDGE WELLS STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST DECEMBER 2024 unrestrIrt Unre5trirted general desSgnated fund5 funds Restrlrted funds Total 2024 Total 2023 Note Income from.. Donatlon5 and legacles Charltable actlvittes lfivestments 586,328 92,167 8,474 17.478 612,280 92,167 5,255 709,702 525.250 84,578 8,090 617,918 5.255 13,729 Total income 678.495 17,478 12023.-É585.373J [20Z3.'£8 0901 12023.- £24.455J 13023.'£617.918J Ex endlture on: a)arltable acllvltles Total resources expended 693,015 693,015 5,272 5.272 14.728 14.728 713,015 713.015 743,119 743.119 [2023.. É720.675J IZ023.-£5.176112023.- £J7.268J [2023..£743.119J Galn11055e5 on revaluation of rixed assets 5,135 5.135 [2023..EII405J 12023..£nill 12023.. Enil1 [2023.-.£12.405J -9,385 8,457 2,750 1,822 12023.._E121897JI2023.. I£Z.914JJ [2023.. E7,1871 t2023...£112.796J 12.405 Net Incoming reSoUrS before transfers 1112,7961 Gross transfers between fund5 9,385 -9,385 [2023..1£12Z89712023..£122.B971 Net movement In funds -928 2,750 1,822 12023.-£nll] 2023.. 4119J83. [2Q23..£7,187] [2023.._E112.796] 1112,7961 Fund balan5 at 1.1.24 90.IXK) 1.531.483 8.812 1.630,295 1,743,091 Fund balaThs at 31.12.24 90,000 1,530,555 11,562 1,632,117 1,630.295
THE ECCIESIAStICAi PARISH OF STJOF+N. TUNBRIDGÉ WELLS BALANCE SHEtr AS AT 315T DECf MBER 2024 20241 2023 Note Fixed asseis Tangible assÈ Iftvesiments 768.148 716,472 1.484.620 773.112Q 711.337 1,484.757 Current assets Siock5 Oebiors Cash al banF. and In hand io 2,370 26.922 166.108 195.4rKI 2,885 23.028 218,938 244,851 li Crpdiiors.. amounts falling dvÈ wiihln one year 12 99.313 Net curreni è55ets 147.497 145,538 Net asse 1.632.117 1,630.295 Funrfs UnTe51ritttd ILFnd5 DestenBted fund5 Ivnfestrittedl Restricted funds 15 15 15 90.000 1.530,555 11.562 1.632.117 90,000 1.531,483 8.812 1.630.295 Fpr IJJE nantIal year ended 31 December 2024 the charity i'rds entilled to exemprion Iromi audit under section 144lll of the char(15 Aa 2011. The tru5tee5 have not requlrEd the ch3rty 10 obtèin an audil of its financi31 sioieTnenu for ihe year in que51ion in accordance 4vilh 5EClion 144121, the irusiees acknovAedge their rtspon5ibiliiies lor cornplylng vjilh ihe reqviremenis of Ihe Att with respett lo èttontiTr2 rEcords and ihe preparation th financial 51aiements. The financi31 SthieVTrEnts ¥vefe appioved by the Parochial Churcb Councl arsd aurhorised lor Issue on and are signed on its behalf by . Pride3LfX Lay Chètrm3n S. Tunstead Tre35uipr
12 THE ECCLESIASTICAL PARISH OF ST JOHN. TUNBRIDGE WELLS srATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31ST DECEMBER 2024 2024 2023 Cash flows from operating actl¥ltte5 Cash (absorbed byllgenerated from operations (see note 141 158,0851 159,7561 Inv*stlng artivities Purchase of tangible fNed assets Interest received 16.4691 8,090 5.255 Net generated froml{used Inl Inve5tlng a¢ti¥itles 5,255 1,621 Net increase In cash and cash equlvalents 152,8301 158,1351 Cash and cash equNalents at beginning of year 218,938 277,073 Cash and Cash equlvalen15 at end of year 166.108 218,938 Relating to.. Bank balances and short term dewsits 166,108 218,938
13 THE ECCLESIASTICAL PARISH OF sfJoHN, TUNBRIDGE WELLS NOTES TO THE FINANaALSTATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2024 l A¢countln8 polkles 1.1 A¢¢ountln6 ¢onventlon Ine accounts Innanoai siaTemenrsi nave oeen prepareo unoer ine n15Toncai cosi conveflTlOtI Wliri Iiems recognsseo ai C05t or transaction value unless otherwse stated in the releyant notelsl to these accounts. The financlal statements have been prepared in accordan with the Statement of Recommended Practice= Accountlng and Reporting by Charities preparln8their accounts in accordance the Financial Reportin8 Standard appllcable in the UK and Republic of Ireland IFRS 1021 and the Financial Reporting Standard applicable in the United Kingdgm and Republlc of Ireland IFRS 1021 and the tharities Act 2011. 1.2 Gpin8 CoeM At the time of approwfig the accounts. the PCC has a reasonable expeclation that Ihe ChuTch adequate resource5 to continue in operational ex15tentt forthe lore5eeable future. Thu5 the PCC coThtinues to adopt the goln8coThcewn b)$15 91 accountin8 in preparine the accounts. 1.3 Ctharitable fund5 Unles ted lunds preSeTrl fvnds of the PCC that are not 5ublett io any re5trictrons re8ardln8 iheir use and are available lor applicatlon on the 8enefal purposes of the PCC. They comprise: General lund: the main fund whlch is used for supporbn8 M10, dergy and staff costs. youth work, other outreath support act¢vitles and the day lo day running and admini5tr?tiDn of the Churth. Desnated funds: fvnds degnated bythe PCC for a partlcular purpose.. legacy.. forcapital expenditure and bn8 term proiects.. Repair fund held by Ditsse.. for ¥epalrs to the Chufch. Chvrch Centre. 112 steph,$ Road and 12 sr Dawd's Road,. m3intenantÈ.' for redecoration and maintenance of ihÈ Church arwl Church CentTe.' Capital FUNE- Property= holds ihe (awt31 vahje and refvrlyshment Costs of 112 Stephen's Road and 12 $1 Dwrfs Road. Restric ed ftrnds represeni lunds of the PCC wluch have been recehed wth restrictions $0 that they rnayonty be used by the PCC for the purpose slated= Voluntary income.. recel¥d for Specific purposes,. Chri5tiafi holiday bur5atyfvnd.' receNed for bursaries forChrt5tran y(wth camp 1.4 lrt¢ome Income is ie¢o8nised when the Church is legal erstitled to It afte¥ pe110rman cOnrtH)S have ljeen rnei. the amovnts can be measured rellably. and it15 probable thal Income wll be [e1ved. Cash donaiion5 are fe¢o8nised on feceipi. other donatk*ns are recognised orKe Church has been notified of the donation. unless Performan condltlons requlre deferTal of the amount. Income tax recoverable in relatlon to donations received under 61ftAid or leeds of (o¥en•ni is reco8Thised at the of the donalion. Le8ades are reco8nlsed on ¥eteipi or otherwise if the Chur¢h has been I1fied ol an impendln8 Lli5tributlon, ihe amount Is k[¥, and receipt is expetted. If the amount is not known. the let is treated as a coniin8ent asset. ReTrt income from lettin8 Clwrch premises is recognlsed when the fent is due.
14 THE ECCLESIASTICAL PARISH OF ST JOHN, TUNBRIDGE WELLS NOTES TO THE FINANCIAL STATEMENTS FOR TrIE YEAR ENDEO 31sr DECEMBER 2024 Income from Invesiments Dividends and Inierest are aCconIed for when due and tax recoverabte i% recognlsed in the same accounting period. Falr Value Galns and losses on Investments Reallsed gains or losses are reco8nlsed when the In¥e5tment ts sold. Unreafised 1n5 or10sses are accounted for on revaluatk)n of Investments ai 31 DMber. 1.5 ExdIlure Expendliure is recognised once there Is a le8al or construdibE obligatton lo make a payment to a thivd party. it is probable that settlement will be required alld the amount of the obli83lion can be measured reliably. Irrecoverable VAT Is charged as a cost a8ainst the actryity forwhich the èxpenditure was incurred. Grat Grants and donations are accounted for eTr pald orwhen a%wdrded If a bindlne obligation is created. 1.6 fan6lble fimed assets Tan8ible fixed assets are Inltially measured at cost and subsequeAIty measured at Cost l ordeemed (ostl or dluation. net of depreclatlon and any inpairml k¥s5es. Con5ecrdted land and bulldln85 and movalAe Clwrth fvm&hlngs Consecrated and beneficed property of any k5nd 15 excluded frorn the financial statÈments by slO12llal olthe Ch3FSties Act 2011. The Church Centre is attached to the Church and falls within this exclusion. Moveable Church furnishlftgs held by the Ificar and Churthwarden5 on special trust for the PCQ which require a faculty for dlsposal, are accounted as Inalienable property unless tonseuated. For inalienabte property a¢qUlfed priorto 2000 there Is Insufficient cost informailon available and therefore such assets are not valued in the financial statemefttk Expenditure Incurred durin8the year on consetyated or beneficed bvildin85 and moveable Chvrch frjrnishings, whether mainten#nte or impTovement, i$itten off. Other land and bulldknE$ Other land and buiwinss held on behalf of the PCC for irs own purpose5 are shown at deemed cost. v4hlch 15 thei¥ valuation In ihe accounts upon transition to FRS 102. and cons15ts 01112 Stephen's Road. Tvnbrldge Wells. The property Is maintalned to a level where its iesidual value 15 at least equal to its net book value and aTry depreciation woukl therefoTe be immaterial. Annual impaiiment re¥5 arrIed out io confwm thi5. HxtUfe5, littiny and equlpment Depreciation Is provided on rlre$. fittin85 and equipmeTht at 20% per annum rin cost to wriie them off over their expected useful lives. Individual rtems lunless part of a lar8er(3Pital expenditure programmel with a purchase wice of less than £250 are written Off the perKKI in which they are purthased. The 8ain or Ioss aT15InRon the disposal of an asset is deterrnined as the difference between the sabe proceeds and the carrying value of the asset. and 15 recognised in net income for the year.
15 THE ECCLESIASTICAL PARISH OF ST JOHN, TUNBRIDGE WELLS NOTE5 TO THE FINANCIAL STATEMENT5 FOR THE YEAR ENDED 31ST DECEMBER 2024 1.7 Flxed asset Investments Ftted asset invesimenis Indje invesiment property112 5t David'5 Ro1 Tunbridge Weltsl and COIF investments. Investment properly is property renied to third partie> Investmentsare initialty measufEd al transaction pricE exdud¢nB transaction costs, and ale 5ub5equenily measured at fair V3hat eath reporting date Changes in fair Val are re(08nised in net Income/lexpenditurel For Iheyeai. IA Stocks Stock5 are ttated at the lower of ust and rf realisab1eyè1. whith istheesiimated It sdlirK8 £¢ 1.9 Cash and cash eqvalents Cash and cash eqUinIs iTKlwle£ash In hand, dep)sits held ai call wth banks, other 5hort-term liquid lTh¥e5tmÈnts with OFiBinal maturities ol thfee months 01 les% and baThk overdrafts. Bankoverlrafts are shown within borrowings in current liabillies. 1.10 Employee benefits The c05t of any unused holidayentitlement is reco8nised In thepell1 in which ihe employee's ser¥7ces are re¢elved. Termination benefits ère retogni5ed immediatety a5 an eXpenSewh the tharity isdemon51tabty committed to iermine the employment ol an em0vee or to Pfovlde termirwtlon nefItS. 1.11 Reilrement bÈrtffts F non-de¥8y. the regulations ¥elaiing to autoonrolment have beeth met ty enrtsllingall ellwNe staff in Tr Pe¢¥)le's PenS._ a deflrted contributlon scheme. The penslon costs are ¥¢counied for on basisof contribjtlons payable for ihe year. For clergy by the DiLxese. the Di0e Iw reSpbIllY for any pension slK>rtI1. Fordergy paKI ty the PCC, there is exemptioa from kn5kJn Ilabllilles as a"mlrnr resFN)n511e tKrf. 1.12 Leases Rentals payable under operatlng lea5e5. lrtlud1nga lease Incenlr¥esTeceNeil. afecharÈed to IrKome ona strwghi Ine ba5 over the temi ofthe relevant lease. 2. Related party traartIonS The vicar and a550Ciate wcar aretrustees on eXffICi0 basis. Thevicar recewesa stipend from the Dlocese of Rochesier. Theassociatevlcai 15 seconded on a part lime ba$ Irom Protlamat*)nTtust with the PCC ¢overin8the c05t. No other trustee reIved any remuneratbon or benefils or Claim anyexpen5es for theIrwo a51fttee5(2o23 none).
16 THE ECCLESIASTICAL PARISH OF STJOHN, TUNBRIDGE WELLS NOTESTO THE FINANCIAL sfATEMEfrThS FOR THE YEAR ENDED 31ST DECEMBER 2024 Unrestrlcted Unrestrlrted Re5trirted general deslgnated tunds fvnds fvnds Totsl Total 2024 20Z3 Income Donations and grfts Gift aid donations Income lax recoverable Other planned giving Collections an(J specific donations Other income 421,222 104,324 60.782 421,222 104,324 60,782 17,478 362,924 94,276 58,699 1,050 8.301 525,250 17,478 586.328 17.478 603,806 Legacles receivable 8,474 8,474 Chorftable adl¥lties Church actiirities Fees Hire of Church, Church Centre. and other church Pfopertles 27,965 1,629 27,965 1,629 34,914 1,485 62,573 92.167 62.573 92,167 48,179 84,578 Investment irtMe DidendS and interest 5.255 5,255 8,090 Total Income 678,495 1£585.3731 13,729 17,478 1£8,0901 1£24,4551 709.702 1£617,9181 617,918 2023
17 THE EcaESIASTICAL PARISH OF ST JOHN. TUNBRIDGE WELLS NOTES TO THE WNANCIAL STATEMENTS FOR ThE YEAR ENDED 31ST DECEM8ER 2024 Unrestrided Unrestricted Restrictsd genera desIated fund5 fvnds fund5 Total 2024 Total 2023 E)tpendlture- Charltable artlwities Staff costs Depreclation Tralnlng MlnSstry expenses Prlnting and statlonery Telephone and postage Running expenses Cost of services Other mlnlstry costs Other property costs Insurance Bank charges Legal fees Grant5 Inote Sl Governance costs (note 61 339,455 339,455 S.272 22.845 9,100 5,858 3,045 109.503 7.972 36,088 64.460 12.839 1.460 6,813 84,537 3,768 713.015 1£743,1191 333,051 5,176 29.673 7,017 5.163 3,068 103,200 5,199 41,605 103,963 13,971 1,535 5,272 21845 9.1 5.858 3.045 109,503 7,972 36,088 64,460 12.839 1.460 6.813 69.809 3.768 693.ols 1£720,6751 14.728 86,860 3.638 743,119 5,272 14.728 1£5.1761 1£17,2681 2023 Unrestricted Unrestricted Restrirted general desiBnated furnds funds funds Totsl 2024 Total 2023 Grants payable The Cross Teach Trust Overseas Mi55ionary Fellowshlp People IematiOnal Stewardship WEC International Proclamation Trust Crosslinks TW Street Pastors The Christian Institute True Freedom Trust C of E Evangelical Council Renew Kent Gospel Partnership GAFCON Srnall grants to InVIdual$ London Clty Mis51011 Rochester Good Stewafds Church Family Support Fund Jenny Willams Jonny Pullai Release International 9.773 15.948 17,539 1,746 9,773 15,948 17.539 1.746 9,122 9.368 16,187 7,622 4,400 8,565 250 250 500 1.000 1,000 9.266 Ic 1235 11,501 i(x) loo loo ILMJ 350 18? 12,IXKJ i(xJ 350 5.387 12.lY)O 1.950 1.618 3,725 400 5.099 12.IK)O 6.041 5,2(M) 1,950 1.618 3,725 5,056 86,860 69.809 1£70,6641 14,728 1£16.1961 84,537 1£86.8601 2023 Nick Prideaux Is a trvstee of People Intefflational, John McLernon and Andrew Smith are members ol the C of E Evangelical Council. John McLernon is an employee of Crossllnk5. and Simon Curtls is a trustee of TW Street Pastors. Each ol them aL7Stained from any discussSon and votin8 concernTrng donatlons to ihelr respettive organi5ations.
18 THE ECCLESIASTICAL PAIIISH OF ST JOHN, TUNBRIDGE WELLS NOTES TO THE FINANCJAL5TATEMENTS FOR THE YEAR ENDED 31sfDfCEMBER 2024 fjovernante costs 2024 2023 Accountancy Independent examiner's fees Other gOVerTran costs 1,908 1.022 838 3,768 1,872 I.2 764 3.638 Employees The average numberof persons employed by the charitydurin8the year was.. Z014 2023 4.17 Ministry stsff Ifull time equlvalentl Enabllng staff Ifull ilme equlvalentl 3.29 7.69 7.67 Their aggregate remunefation compdsed= stipend5. salarles and associated costs Penslon contlibutlons Inon-stipend stsffj 325.917 13.538 339.4SS 320.518 12,S33 333.051 These fi8uies indude the wcar and assodate vicaTwho are employed by the thocese of Rochestei 4j Prodarnation Trust respectwety. lyjt the costs ol employment are mei by Stjohn's. Ministrytrainees are tsllered training at CorThhill. pro¥lded wlth an accomrnodation allowante and a small living alh)wance. They afe not employees and are not Induded bn the above figufes. Tanglble tIMed asseis Land & bulldlngs Flxtures. fftUny & equlpment Totsl Costlvalvatlon At l January 2024 Additions Revaluation 760,¢XKJ 190.958 950.958 At 31 December 2024 760.(XXI 190.958 950.958 Oepre¢latlon and impalrment At l January 2024 Depreciation charged in the year At 31 December 2024 177,538 5,272 182.810 177.538 5,272 182,810 C•rrylng amount At 31 Oecember 2024 760.• 8,148 768,148 At 31 December 2023 760.(K)O 13.420 773,420
19 THE ECCLESIASTICAL PARISH OF STJOHN. TUNBRIDGE WELLS NOTES TOTHE FINANCIAL STATEMENTS FOR THE YEAR Ef4DED 31ST DECEMBER 2OZ4 Hxed asset Investments Investrnent COIF Property Investrnenl 2024 2024 Total Total Z024 2023 Marketvalue at l January 2024 Change In the year Market value at 31 December 2024 s.() 121,337 711.337 5,135 5.135 S.(1x) 126,472 716,472 698,932 12,405 711,337 Hlstorital tost 24,035 24.035 24.035 10. Stocks 2024 2023 Book stock held 2J70 2.885 11. Debtors 2024 2013 Gsft ald debtor Prepayments and accrued income 7.543 15.485 23,028 17.274 26,922 12. Creditors- amounts falling dut wlthln one yta 2024 2023 Other tsxation and social security Trade ueditors Accruals and deferred income 3,795 17,658 26.450 47,9J3 3.795 48.447 47.071 99.313 13. Anan(Tral MmitmlIS, guarantee5 and contlnB•nt Ilabllitie5 Stjohn's khool SlteTrustee5 (the intymbentand dwrdwArdensl TheTrustees of the Stjohn's Infant School slte made a contribution io the costs of the Chyrch Centre and 12 St David's Road TunbridEe Wells. If ettheT property is ever sdd, a proportion of the PToceeds will be repaid to the Trust. 14. Cash K*nerated from opewatlons 2024 1023 Surpluslldeficltl for Ihe year 1.822 1112.7961 Adlvstments for. Investrtent income recogThised in the SOFA Faif value galns and losses on invesiments Depreciation of tanBible fixed assets Movements in workingcapital: Challge in st¢xks Change In debtor5 Change in creditofs Cash absOrtJed by operntlons 15.2551 18,0901 15.1351 112.4051 5.272 5.176 515 11,7271 13.8941 5,715 151.4101 64,371 158,0851 159.7S61
20 THE ECCLEswsficAL PARISH OF 5TJOHN. WNBRIDGE WELLS NOTES TO THE FINANaAI 5TATEMeNTS FOR THEYEAR ENDED 31ST DECEMBER 2024 15. Funds 8alance at 1.1.24 Income Expense Investment gain Transfers Balance t 31.12.24 Unrertrlrted lunds General lund 90,0(XI 678.495 1693.0151 5,135 9,385 90.000 Deslgnated funds lunrestrl¢tedl Legacy fund Repair funds at Dloce5e Ma1Thtenan fund Capital fund Total deslgnated fund5 Total unrestrlcted funds 78.676 57.976 31,411 1.363,420 1.531.483 1,621,483 11,705 2.024 121.3151 11,930 69,066 71,930 31,411 1,358,148 1,530,555 1,620,555 15,2721 15,2721 1698,2871 13.729 692.224 19,3851 5,135 Restricted funds Speclal collections Church Famtly Support Fund Christian htsllday bursary fund Repairs fund Total restrirted funds 138 7.009 665 1.0 8.812 12,778 4.550 150 112,7781 11,9501 138 9,609 815 1,000 11,562 17.478 114.7281 Total funds 1,630,295 709.702 1713.0151 5.135 1.632,117