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2024-12-31-accounts

The Parish of

St. George, Benenden

Annual Report

and

Financial Statements

of the

Parochial Church Council

for the year ending 31st December 2024

Rector:

Revd David Commander The Rectory The Green Benenden Kent TN17 4DL

Secretary:

Mrs J Collard 7 Fuggles Court Benenden Cranbrook Kent TN17 4EF Charity No: 1132696

Aim and Purposes

St. George’s Parochial Church Council (PCC) has the responsibility of co-operating with the Rector, the Revd David Commander, in promoting in the ecclesiastical parish the whole mission of the Church, pastoral, evangelistic, social and ecumenical.

Objectives and activities

When planning our church activities for the year, the Rector and the PCC have considered the Commission’s guidance on public benefit and, in particular, the specific guidance on charities for the advancement of religion. In particular, we try to enable ordinary people to live out their faith as part of our parish community through:-

Worship and prayer; learning about the Gospel; and developing their knowledge and trust in Jesus.

Provision of pastoral care for people living in the parish.

Mission and outreach work

Our mission statement, adopted five years ago, is:-

“To know and love Jesus, and make his love known to all”

Review of the Year

I have really struggled with getting the balance of the tone and feel of my annual report this year. I want, as the incumbent, to be encouraging and positive and tell you of the really good things that are happening. But, at the same time, I also need to be realistic and not paint such a good picture that nothing changes – because I have some concerns and several frustrations. And how do I express these without being discouraging?!

So, we start with some “thank you’s”; then a number of positives; then speak about the concerns and frustrations that we all need to be aware of and take on board.

The “thanks you’s” go to:

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- And to Helen!

There are then a huge number of roles that are covered by a relatively small number of people to make our services work, and all the administration and practical things that need to happen so that our churches continue to be available to us to worship in and use for other activities. (Choir. Organists. Flowers. Cleaning. Bells. Magazine – contributors, editors, subscriptions, distribution. Rotas. Sides-people. Readers. Intercessors. Sacristans. Electoral Roll. Gift-Aid & Planned Giving. Deanery Synod. Unlocking/locking church every day. Toddler Group helpers. Churchyard maintenance. Church Project. Coffee/Refreshments. Flag-flyer! Vergers. Christian Aid. Mission Allocation. Wednesday Coffee Morning. Memorial Hall. Worship Group. “Discipleship & Mission” Group. Fete Committee. Newcomers Lunch. Christmas Day lunch.) We are quite an active church!

Your MLT conduct a large number of services every year! And give us all a lot of variety and choice! Looking at what is happening in other parishes around us, that should not be taken for granted. Last year, including the “special” services (Christmas, and Holy Week) plus the “pastoral” services, that totalled 174 services in our parish. And your MLT look after two parishes! Another 131 in Sandhurst. = 305 services pa = 5.8pw! That is a huge commitment.

Now some things of note since the last APCM – 22[nd] April 2024:

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Now my concerns for the future and the frustrations. The concerns are primarily around the need to share out the huge number of tasks that need to be done to a larger number of people, and to look at planning for these functions to continue in the future and not be picked up by the same, busy, over-stretched people. It has worked with the roll of Treasurer with Charles and Liz. But you will have read Rod Lebon’s concern for the future of bellringing and ensuring this continues at St George’s; that sentiment echoes to other areas of church life. This is just one example of continuity planning and encouraging others to come forward.

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Which sort of brings me onto the frustrations:

All of it, together, is very stretching and is testing….and for that, I apologise!

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I did not choose the piece of scripture that I read at the start of our meetings. It is the epistle reading set, in the Lectionary, for Morning Prayer today. But it is pertinent for us all:

I [Paul] therefore, the prisoner in the Lord, beg you to lead a life worthy of the calling to which you have been called, with all humility and gentleness, with patience, bearing with one another in love, making every effort to maintain the unity of the Spirit in the bond of peace. There is one body and one Spirit, just as you were called to the one hope of your calling, one Lord, one faith, one baptism, one God and Father of all, who is above all and through all and in all.

But each of us was given grace according to the measure of Christ’s gift.

Therefore it is said, ‘When he ascended on high he made captivity itself a captive; he gave gifts to his people.’

The gifts he gave were that some would be apostles, some prophets, some evangelists, some pastors and teachers, to equip the saints for the work of ministry, for building up the body of Christ, until all of us come to the unity of the faith and of the knowledge of the Son of God,

But speaking the truth in love, we must grow up in every way into him who is the head, into Christ, from whom the whole body, joined and knitted together by every ligament with which it is equipped, as each part is working properly, promotes the body’s growth in building itself up in love. (Verses from Ephesians 4:1-16)

We need to be aware of our gifts and the gifts in others, and encourage them. Use them. Develop them. There is another bit of scripture, from John’s gospel, where Jesus says, “I am the true vine, and my Father is the vine-grower.” And it speaks of pruning and of growth. God, the vine-grower, wants to see growth; he wants to see fruit. Another verse in that scripture said, “If you abide in me, and my words abide in you, ask for whatever you wish, and it will be done for you.” So I encourage you all, every day, to pray for the growth of your church; for your church (us) to bear fruit! Your Ministry Leadership Team, your Discipleship & Mission group want to see growth and fruit. We want to be encouraged by an enthusiasm for life and growth in faith and service. And we pray for that.

So, despite the concerns and frustrations, I am encouraged and have hope. And I hope the balance of that message has been heard as we all seek to serve God in this community and worship together at St. George’s.

Revd David Commander 12[th] May 2025

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Fabric Report

Some minor repairs were carried on the east end of the church roof. The roof alarm installed last year has proved very unreliable and more trouble than its worth. The installers have been two chances tp put it right but to no avail. The installers have been asked to remove the system and repay the monies. Negotiations are still on going with regard to this.

A faculty has been obtained to construct a path to the new graves which has become very muddy and unsafe.

Financial Review

General Account

The general account is amalgamated into the full accounts which have been prepared to follow the requirements of the Charities Act 2011 together with the Church Accounting Regulations 2006.

The total income on the general account came to £103,518 which was 6% ahead of budget. The Fete despite the dreadful weather made an amazing £11,182 profit for the church and a number of other charities also benefitted. Parochial Fees (£8030) and some generous donations (£15,099) together with improved interest rates on the deposit accounts (£24,479) were the reasons for the favourable outcome. Expenditure on the general account was £81,600 5% under budget thereby producing a surplus of £21,918. The main overspends were Minor Repairs which included repairs (£999) to the lead flashing on the church tower. Miscellaneous includes donation (£500) towards the new flag pole on The Green. Churchyard maintenance included the acquisition of a new mower (£516). The budget included the appointment of a choir director which was never realised.

Fabric Fund

Almost the total expenditure £94,274 was on consultancy and architectural fees relating to the 20:20 project. Surplus from the general account (£10,959) enabled the fund to reduce the deficit.

Legacy Fund

The Legacy Fund received a further £31,003, from the estate of the late Barbara Sheffield.

Memorial Hall Fund

Hire fees dropped by nearly 30% but improved interest rates enabled the fund to make a surplus of £943,

Magazine Fund

The Magazine continues to be well supported with revenues remain buoyant. The slight decrease is due to a few slow payers which resulted in a small deficit (£681). Taking this into account it still enabled the magazine to continue to make a dividend of a £1000.

Hardship/BAT

Very little activity to report.

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Mission Fund

£8252 was donated to various charities.

.

Nearly all funds have exposure to the equity markets. In 2024 there was a small increase in market value amounting to £39,000 across all funds. The overall result for St George’s combining all funds shows a loss of £14,729 mainly due to the £94,274 expenditure on consultant and architect fees on the 20;20 project.

Budget for 2025

Total income is forecast to be £101,500 which is similar to last year. Expenditure is forecast to be £86,200 which is higher than last year due the Parish Share increase of 6.5%. Office expenses is up to wages and National Insurance increase . Churchyard expenditure is up with professional tree work that has to be carried. The forecast surplus is £15,000.

Reserves Policy

It is the policy to allocate surplus unrestricted income at the end of the year equally between Fabric and Mission funds. These sums continue to be classed as unrestricted although the intention is that they will be held in reserve for the appropriate function.

The balance in the Fabric restricted Fund of £3,815 is held for future maintenance work including specific sums for church bells.

At the end of the year unrestricted assets stood at £332,785 which is more than required to provide working capital. £187,078 of this sum has been invested in CBF Church of England Investment funds

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Independent examiner’s report to the PCC of St. George’s, Benenden

This report on the financial statements of the PCC for the year ended 31st December 2024, which are set out on pages 6 to 11, is in respect of an examination carried out under Regulation 3(3) of the Church Accounting Regulations 2006 (the Regulations) and s.145 of the Charities Act 2011 (the Act)

Respective responsibilities of the PCC and the examiner

As the members of the PCC you are responsible for the preparation of the financial statements; you consider that the audit requirement of Regulations and section 144(2) of the Act does not apply. It is my responsibility to issue this report on those financial statements in accordance with the terms of the Regulations.

Basis of this Report

My examination was carried out in accordance with the General Directions given by the Charity Commission under section 145(5) (b) of the Act and to be found in the Church Guidance, 2006 edition. That examination includes a re

view of the accounting records kept by the PCC and a comparison of the accounts with those records. It also includes considering any unusual items or disclosures in the financial statements and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the view given by the accounts.

Independent Examiner’s Statement

In connection with my examination, no matter has come to my attention:

Signed Dated

Mr D Rogers 10 Millers Meadow Sandhurst, Kent

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St George's Parochial Church Council, Benenden St George's Parochial Church Council, Benenden St George's Parochial Church Council, Benenden St George's Parochial Church Council, Benenden St George's Parochial Church Council, Benenden St George's Parochial Church Council, Benenden St George's Parochial Church Council, Benenden
Statement of Financial Activities
For theyear ending 31 December 2024
Unrestricted Restricted Endowment TOTAL FUNDS
Funds Funds Funds 2024 2023
Note £ £ £ £ £
INCOMING RESOURCES
VoluntaryIncome 3 87078 6698 0 93776 165486
Activities forgeneratingfunds 17263 0 0 17263 24381
Income from investments 24479 33033 0 57512 48189
Church activities 18401 2439 0 20840 21056
Other incomingresources 0 0 0 0 0
TOTAL INCOMING RESOURCES 147221 42170 0 189391 259112
RESOURCES EXPENDED 4
Costs ofgeneratingvoluntaryincome 0 0 0 0 635
Fund raisingcosts 4170 0 0 4170 7925
Church activities 101535 98415 0 199950 134101
Governance costs 0 0 0
TOTAL RESOURCES EXPENDED 105705 98415 0 204120 142661
NET INCOMING RESOURCES BEFORE
OTHER RECOGNISED GAINS AND LOSSES 41516 -56245 0 -14729 116451
Gains on investment assets: 5
on disposal 0 0 0 0 0
on revaluation 5857 0 32945 38802 0
NET Repayment of Loan between funds 0 0
NET MOVEMENT IN FUNDS 6 47373 -56245 32945 24073 116451
BALANCES B/FWD 1 JANUARY 494799 166112 1312978 1973889 866201
BALANCES C/FWD 31 DECEMBER 542172 109867 1345923 1997962 982652

For the year ending 31 December 2024

1. ACCOUNTING POLICIES

The financial statements have been prepared in accordance with the Church Accounting Regulations 2006 together with applicable accounting standards and the SORP 2005.

These statements have been prepared under the historical cost convention except for the valuation of investment assets, which are shown at market value. The financial statements include all transactions, assets and liabilities for which the PCC is responsible in law. They do not include the accounts of church groups that owe their main affiliation to another body, nor those that are informal gatherings of church members.

Funds

Endowment Funds are funds, the capital of which must be maintained (excepting expendable endowments) only income arising from investment of the endowment may be used either as restricted or unrestricted funds depending upon the purpose for which the endowment was established.

Restricted Funds represent (a) income from trusts or endowments which may be expended only on those restricted objects provided in the terms of the trust or bequest, and (b) donations or grants received for a specific object or invited by the PCC for a specific object. The funds may only be expended on the specific object for which they were given. Any balance remaining unspent at the end of each year is carried forward as a balance on that fund. The PCC does not always invest separately for each fund. Where there is no separate investment, interest is apportioned to individual funds on an average balance basis. Restricted funds are used to meet appropriate expenditure before utilising designated funds.

Unrestricted Funds are general funds which can be used for PCC ordinary purposes. Funds designated by the PCC are included in unrestricted funds.

Incoming Resources

Planned giving, collections and donations are recognized when received. Tax refunds are recognized when the incoming resource to which they relate is received. Grants and legacies are accounted for when the PCC is legally entitled to the amounts due. Dividends are accounted for when receivable, interest is accrued. All other income is recognized when it is receivable. All incoming resources are accounted for gross.

Resources Expended

Grants and donations are accounted for when paid over, or when awarded, if that award creates a binding or constructive obligation on the PCC. The diocesan parish share is accounted for when due. Amounts received specifically for mission are dealt with as restricted funds. All other expenditure is generally recognized when it is incurred and is accounted for gross.

Fixed Assets

Consecrated and benefice property is not included in the accounts in accordance with s.96(2)(a) of the Charities Act 1993.

Movable church furnishings held by the churchwardens on special trust for the PCC and which require a faculty for disposal are inalienable property, listed in the church’s inventory, which can be inspected (at any reasonable time). For anything acquired prior to 2000 there is insufficient cost information available and therefore such assets are not valued in the financial statements. Subsequently no individual item has cost more than £1000 so all such expenditure has been written off when incurred.

Investments are valued at market value at 31 December 2024.

The Memorial Hall, given to the church authorities and under the management of the rector and churchwardens as a parish hall, is included in the fixed assets for restricted funds. Similarly, the incoming and outgoing resources for the hall are also shown in restricted funds.

2. COMPOSITION OF FUNDS

These comprise:

Unrestricted Funds:

General account, with the exception of small sums specified for particular items expended in year.

Mission fund, all of which is designated.

Fabric fund, that portion which has been designated

Legacy Fund . The income from this fund (part cash and part invested) will be shown as income for the general purposes of the PCC.

Restricted Funds:

General account, small sums specified for expenditure in the year.

Memorial Hall fund, this operates on a separate bank account, but is included here as a means of recording its activities

Rollings interest fund, receives income from the Rollings Capital endowment, restricted to the upkeep of the interior of the church.

Fabric fund, restricted to the upkeep of the church fabric.

Hardship/Poor fund was set up in 2018 incorporating three church warden charities. In 2020 the fund was used to receive donations and make payments to parishioners suffering financial problems during the Covid-19 pandemic.

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Endowment Funds:

St. Margaret’s with Century Cottages, an expendable endowment for ecclesiastical purposes in the parish.

Anonymous Gift, income from which is for the general purposes of the PCC.

Gladys Bateman, income from which is restricted to the Fabric Fund.

Rollings Capital, income from which is held in the Rollings interest fund, restricted to the upkeep of the interior of the church.

3. INCOMING RESOURCES

Unrestricted General a/c Mission Fd Fabric Fund Legacy Fd Total
Voluntary income 56075 - 31003 93776
Activities forgeneratingincome 17263 - - - 17263
Income from investments 24479 - - - 24479
Church activities 18401 - - - 18401
Restricted General Fabric **Rollings ** Hardship Mem Hall Total
Voluntaryincome 840 5858 - - 6698
Activities
for
generating
- - - -
Income from investments - - 32063 150 820 33033
Church activities - - - 2439 2439
Endowment **St Margaret’s ** Rollings Capital Total
Income from investments
0

0
0

4. RESOURCES EXPENDED

Unrestricted Unrestricted General a/c General a/c Mission Fund Mission Fund Fabric Fund Fabric Fund Legacy Legacy Total
Costs of raising voluntary income - -

Fund raising costs
4170 4170
Restricted General Fabric Rollings Hardship Mem Hall Total
Church activities 840 95106
-

153
2316 98415
Endowment St Marg &
Century
Cotts
Total
Church activities 0 0

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5. GAINS ON INVESTMENT ASSETS

GAINS ON INVESTMENT ASSETS
Variation to Book Value Movement in Year
2023 2024
Unrestricted £ £ £
Mary Wilkins Fund 108701 114456 5755

General Fund Investment Account
5539 5782 243
Fabric (designated) Investment Shares 28405 29145 739
6737
Endowment
St Margaret’s/Inc Shares 93005 99297 6292

Anonymous Gift Investment Shares
39300 40426 1125

Gladys Bateman Investment Shares
3078 3206 128
Rollings Capital Investment Shares 563663 584082 20419

Rollings Capital Accumulation Shares
59543 63641 4099
38802

6. NET LOAN BETWEEN FUNDS

There were no outstanding loans between funds at the year end.

7. FIXED ASSETS

The fixed assets have not been revalued since last year.

Unrestricted

The plot of land known as the Beadle Platt, comprising 0.0951 hectares valued in 2014 at agricultural land values at £2045 Toilet and Store building (Known as the Owl House) constructed on the Beadle Platt at construction costs in 2002 £41978 £44023 Restricted The building known as the Memorial Hall including the land on which it stands valued at insurance valuation (2014) £360000 previous valuation £157,369

Not included in the Balance Sheet but recorded here for information is that parcel of land, adjoining the vicarage, known as the Glebe Field and comprising 1.095 hectares, valued at 2014 agricultural land prices at £23550. It should not be assumed that any of these assets can or may be disposed of at these valuations.

8. CURRENT ASSETS Creditors Sandhurst PCC Expenses 0

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St George's Parochial Church Council, St George's Parochial Church Council, St George's Parochial Church Council, St George's Parochial Church Council, Benenden Benenden Benenden
Balance Sheet at 31 December 2024
Unrestricted Restricted Endowment TOTAL FUNDS
Funds Funds Funds 2024 2023
Note £ £ £ £ £
FIXED ASSETS
Tangible 7 44023 360000 0 404023 404023
Investments 336462 0 1334092 1670554 1609251
380485 360000 1334092 2074577 2013274
CURRENT ASSETS
Stock 0 0 0 0 0
Debtors 8 0 0 0 0 0
Short-term Deposits 144927 156883 8098 309908 325442
Cash at Bank and in Hand 780 16714 0 17494 39222
145707 173597 8098 327402 364664
LIABILITIES
Creditors: amounts due in 0 0 0
oneyear 0 0 0 0 27
Net Current Assets(Liabilities) 145707 173597 8098 327402 364637
Total Assets less Liabilities 526192 533597 1342190 2401979 2377911
Creditors: amounts due after 0 0 0 0 0
oneyear
TOTAL NET ASSETS 526192 533597 1342190 2401979 2377911
PARISH FUNDS
Unrestricted 526192 --- --- 526192 526039
Restricted --- 533597 --- 533597 541745
Endowment --- --- 1342190 1342190 1310127
526192 533597 1342190 2401979 2377911
Approved by the Parochial Church Council on the 24th March 2025
and signed on its behalf by the Revd David Commander (PCC Chairman)
The notes on pages 6 to 11 form part of these accounts

Structure, governance and management

The method of appointment of PCC members is set out in the Church Representation Rules. All Church attendees are encouraged to register on the Electoral Roll and stand for election to the PCC.

Church attendance.

There were 116 parishioners on the Church Electoral Roll for 2024, 30 of whom are not resident within the parish.

St George’s Benenden Statistics 2024

Easter communicants 158

Easter attendance 244

Average church attendance on a Sunday (October count): 61 adult; 2 under 16

Christmas Eve/Day communicants – 93

Christmas Eve/Christmas Day attendance – 803

Baptisms Under 1 year old – 8 Age 1-12 – 2 Age 13+ - 0 Marriages – 9

Blessings – 1

Funerals – held in church – 10

Administrative Information

St. George’s is situated at the top of The Green in Benenden. It is part of the Diocese of Canterbury within the Church of England. The correspondence address is The Rectory, The Green, Benenden, Cranbrook, Kent TN17 4DL.

PCC members who have served from 1[st] January 2024 until the date this report was approved are:

Incumbent: Revd David Commander Chairman Assistant Priest: Revd Ylva Blid-Mackenzie Wardens: Mr. David Collard Mrs Sue Fisher Representatives Mrs Hazel Strouts Resigned 6[th] November 2024 on the Deanery Synod Elected Members Mr David Barnes Mrs Julia Collard Mrs Jane Davies Resigned 22[nd] April 2024 Mr Guy Hagan Co-opted 27[th] May 2024 Mr David Harmsworth Mrs Janet Kelly-Vickers Resigned 22[nd] April 2024 Mrs Sally-Ann Marks Mrs Catherine Presgrave Mr Richard Stubbings Mr. Charles Trollope Treasurer

Approved by the PCC on the 9[th] June 2025 and signed on their behalf by the Chairman of that meeting .

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