OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2022-12-31-accounts

ST GEORGE’S CHURCH, WEALD

Annual Report

and

Financial Statements

of the

Parochial Church Council

of the

Ecclesiastical Parish of St George’s Sevenoaks Weald

for the year ended

31[st] December 2022

Registered in England and Wales Charity Number 1133777

Address

St. George’s Church Church Road, Weald, Sevenoaks, Kent TN14 6LT

Please address correspondence to The Secretary, St George’s PCC, The Vicarage Church Road, Weald, Sevenoaks Kent, TN14 6LT

St. George’s Church, Weald Annual Report and Financial Statements of the Parochial Church Council for the year ended 31[st] December 2022

CONTENTS Page
Independent Examiner’s Report 3
Annual Report 4 - 8
Financial Statements
Statement of Financial Activities 9
Balance Sheet 13
Notes to the Financial Statements 14 - 21

2

St. George’s Church, Weald Annual Report and Financial Statements of the Parochial Church Council for the year ended 31[st] December 2022

Independent Examiner’s Report to the PCC of St George’s Weald

This report on the financial statements of the PCC for the year ended 31[st] December 2022, which are set out on pages 11 to 20, is in respect of an examination carried out in accordance with the Church Accounting Regulations 2006 (“the Regulations”) and s.145 of the Charities Act 2011 (“the Act”).

Respective Responsibilities of the PCC and the Independent Examiner

As members of the PCC, you are responsible for the preparation of the financial statements. You consider that the audit requirement of the Regulations and s.145(1)(a)) 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 s.145(5)(b) of the Act and to be found in the Church Guidance, 2006 edition. That examination includes a review 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:

have not been met; or

S Hale 30/3/2023

Steve Hale FCA, FCCA on behalf of Perrys Audit Limited, Churchdown Chambers, Bordyke, Tonbridge, Kent, TN9 1NR

3

St. George’s Church, Weald Annual Report and Financial Statements of the Parochial Church Council for the year ended 31[st] December 2022

Annual Report

Administrative Information

The PCC is chaired by the Vicar, The Reverend Canon Mandy Carr and during the year the following served as elected members of the PCC:

Church Wardens Sarah Griffiths Lisa Martin * Deputy Church Wardens Paul Goozee Sarah Jones (from April 2022) Representatives on the Deanery Synod Michael Conacher Shirley Hayes * Elected Members Ros Durdant-Hollamby * Trevor Griffiths Ian Harby Rebecca Johnson Elizabeth Miller Julia Richardson * Linda Young * Member of Ministry Leadership Team -----------------------------------------------------------------------------------------------------------------------------------------------Ministry Leadership Team Reverend Canon Mandy Carr Shirley Hayes (Pastoral Assistant) Judith Howard (Pastoral Assistant) (to October 2022) Ros Durdant-Hollamby (Reader) Philip Johnson (Reader) Lisa Martin (Reader) Julia Richardson (Music Director) Michael Richardson (Reader) ------------------------------------------------------------------------------------------------------------------------------------------------ Address St. George’s Church Church Road, Weald, Sevenoaks, Kent TN14 6L Please address correspondence to The Secretary, St George’s PCC, The Vicarage Church Road, Weald, Sevenoaks Kent, TN14 6LT

4

St. George’s Church, Weald Annual Report and Financial Statements of the Parochial Church Council for the year ended 31[st] December 2022

Structure, Governance and Management

The Parochial Church Council is a corporate body established by the Church of England. The PCC operates under the Parochial Church Council Powers Measure (1956) as amended. The PCC completed its registration with the Charity Commission on the 26[th] January 2010 and became a registered charity - The Parochial Church Council of the Ecclesiastical Parish of St. George’s Sevenoaks Weald, charity number 1133777.

The Annual Parochial Church Meeting (APCM), in accordance with Church Representation Rules, elects the members of the PCC. All Church attendees are encouraged to register on the Electoral Roll and stand for election to the PCC. Newly elected and existing members of the PCC are encouraged to make appropriate use of resources available from the Diocese, including courses, guidance notes and dialogue with the Diocesan Office to help them discharge their obligations.

Objectives and Activities for Public Benefit

St. George’s PCC has the responsibility of co-operating with the Vicar in promoting in the parish the whole mission of the Church, pastoral, evangelistic, social and ecumenical. It also has maintenance responsibilities for the Church building, the Church Hall, the Church grounds and burial grounds of St. George’s, Weald.

For the public benefit St. George’s PCC aims to advance the Christian religion. In planning its activities, the incumbent and the PCC have considered the Charity Commission’s general guidance on public benefit and, in particular, the specific guidance for the advancement of religion and aim to enable people to develop and live out their faith through worship and prayer, teaching, provision of pastoral care, service, discipleship and evangelism across all ages – aiming to make the life of Christ real in the community. To facilitate this work, it is important to maintain the fabric of the Church, the Church Hall, the Church grounds and burial grounds of St. George’s, Weald

Achievements and Performance

St. George’s is a parish church serving all the people of Weald. All ages of people from many different Christian backgrounds (and none) find a welcome. At the APCM in 2022 the Church Electoral Roll was 135 (October 2021:138). Thankfully, this year normal in person Sunday Services were able to commence again, with the services continuing to be live streamed. The online services continue to be accessed via St George’s own web page or St George’s Facebook and are well received by those unable or still preferring not to attend in person. Although it is not possible to ascertain the exact numbers of individual online viewers it certainly does seem to be the case that numbers have doubled over the last year which is gratifying, and the feedback received is encouraging. It has also been wonderful to live stream some weddings, baptisms & funerals during the year, again allowing some who would not have been able to participate otherwise, to be able to do so. Many thanks go to our loyal tech crew: Julia, Michael, Stephen, India, Lisa, Patrick and Graeme for facilitating this for us. We are delighted to note that average in person attendance over the year, excluding the festival services has increased to 52, with the addition of approximately 100 viewing online (average).

Easter Day was attended by 91 and received 119 views online Remembrance Day Service was attended by 80 with 116 views online Carol Service was attended by 143 with 116 views online Christmas Day was attended by 84 with 130 views online.

Over the year there were three weddings, one baptism, three funeral services, three thanksgiving services and nine interments of ashes; this is slightly more than in 2021 where there were two weddings, three funerals, one Baptism and seven interments of ashes.

The 8am Holy Communion BCP service has continued to be held on the first Sunday of each month. This service is not live streamed and has an average attendance of 11 people.

Music is an important part of the services at St Georges, and we continue to be blessed in this way having both a choir who sing mainly at Festivals and our group, Revelation who play/sing twice a month, led by our Musical Director, Julia Richardson. It has also been a delight to welcome Michael on the oboe, Val on the violin & Barnaby on the drums, to Revelation, when they are able.

5

St. George’s Church, Weald Annual Report and Financial Statements of the Parochial Church Council for the year ended 31[st] December 2022

Live online Morning and Evening Prayer, following the liturgy of “Rythm of Life, Celtic Prayer” has continued Mondays to Thursdays (8.30 and 5.30) and Fridays and Saturdays (8,30am). Thank you to the dedication of those who have continued to contribute. The support, comfort and chance to pray together in their own space has been appreciated by many worldwide. The church is open for prayer and reflection on Thursdays and Sunday afternoons.

Services were held in church for Weald Community Primary School at Harvest Festival, Christmas and a special Leavers service. Mandy continues her much valued connection taking regular school assemblies.

Informal evening ‘Turnaround Tuesday’ monthly services in church have been started as a time for prayer and worship.

The PCC met five times during 2022/2023, (2021/2022 five times); we have continued to meet online via Zoom and have had high attendance.

The PCC is extremely grateful, as always, to all Church members who have given their time and energy in church cleaning, flower arranging, coffee making, grass cutting, publication of notices, advertising, and producing of service rotas; to those who lead the intercessions and read lessons in services, to the sides people, the prayer shawl ministry team, to those who contribute to worship through their gifts of music and manning the PA desk, cameras and live streaming, to the leaders of Teddy’s & Cameo, to Julia Richardson for looking after the website, to Becca Johnson as church administrator, including looking after Church Hall and Rooms lettings, to Trevor Griffiths, our knowledgeable and efficient Treasurer, and the many others who have undertaken a myriad of tasks that have contributed towards the enthusiastic and smooth running of St. George’s. There have been a number of people who have stepped down after many years of organising rotas and others who have readily stepped into their shoes and also joined rotas, and we are very appreciative of all of you. As we moved back into in person services post Covid and welcomed a number of new faces to the congregation last year, it has been particularly important to receive a warm welcome at the door. Also, in having a Holy Communion service at 10.30 every Sunday (apart from the first) all sidesmen have needed to learn how this works and we would therefore like to specially thank our sidesmen & welcomers for their enthusiasm and efforts.

The PCC would like to take this opportunity to thank the Church Wardens, the Director of Music, the Pastoral Assistants and the Readers for all their commitment and hard work during the past year. The Ministry Leadership Team, led by Mandy, meets regularly throughout the year. Michael Richardson was officially relicensed into Lay Ministry at St Georges in February and Judith Howard stepped down from her role as Pastoral Assistant in October although she continues to help provide Home Communion. A special service to thank and to celebrate Judith’s many years of service in this role was held and St George’s was pleased to invite Karen Senior, Warden of Lay Ministry to speak.

It is good to have this opportunity to express our appreciation to Mandy. St George’s and the community of Weald continue to be blessed, supported, encouraged and nourished under her excellent spiritual leadership. Thank you so much Mandy; please know that all your hard work and dedication is really appreciated by us all. Escarchas continue to appear in the church on occasions offering further encouragement as well as reaffirmation. At time of writing, many of us have just purchased copies of ‘The Ambassador’, sequel to ‘The Beach,’ and are looking forward to discovering what it means for us to live from the kingdom now. Congratulations to both Vicarage authors on your publications this year!

Over Lent, Mandy led the Church of England's Living in Love and Faith Course; sessions were both via Zoom and in person and were extremely well attended. Issues of identity, sexuality, relationships and marriage within the church were discussed. The course was well received, and attendees were able to feedback to Mandy with the results being sent to the Deanery Synod. This year the Lent course is on Pastoral Principles, again with options to attend in person during the day or via Zoom in the evening.

In April, St Georges celebrated 200 years since its founding, with a special celebratory service together with a delicious cake to mark the occasion.

In May, the popular Safari Supper was once again able to take place with 65 people taking part. It was so lovely to be able to move around the village & get together in person again over good food and wine! Thank you to Lisa Martin for organising.

6

St. George’s Church, Weald Annual Report and Financial Statements of the Parochial Church Council for the year ended 31[st] December 2022

May also saw a very successful Christian Aid week with tea, cake, activities, open gardens and a concert, as well as a special service. Thanks as always, go to Phil Johnson and the committee for organising the events.

There was more whole community involvement in June for the Queens Platinum Jubilee. St George’s hosted the flower festival with many organisations in Weald providing flower arrangements, On the Sunday there was a special Jubilee Service.

In September, there was another whole community effort with the popular 10k run restarting and the 10 challenge also taking place alongside. St George’s held a service on the green prior to the start of the run. Money was raised for two nominated charities and our Mission Partners.

Sadly, September also saw the death of our Queen. The church remained open for prayer and the option to write in a Book of Remembrance. A special and moving thanksgiving and remembrance service for the life of Her Majesty Queen Elizabeth the second was held. In addition, the funeral was live streamed at St Georges to allow people to view it together.

Also, in September it was St George’s pleasure to host a thanksgiving tea for the ministry of Jean and Paul Kerr. Jean also preached an enlightening sermon in the Sunday service prophesying that St George’s had an open door of opportunities and that it would spread out to the village to be a village (and church) of blessing.

At Harvest Festival, St George’s collected for local charities and also celebrated our Prayer Shawl Ministry. A time also to remember Shirley Shaw whose gift of knitting had seen her make the majority of the shawls. It was good to hear Stephanie Tibber speak of how she established the prayer shawl ministry at St George’s. We then offered the shawls to anyone as a blessing either for themselves or someone known to them. They were really appreciated reaching out to many; it has been lovely to receive several letters, messages and phone calls of grateful thanks.

In October, the moving All Souls Service was held. It is a service to remember those we love but see no longer and candles are lit. It was followed by tea and cake in the church rooms.

In November, the churchyard received a thorough tidy up, followed by a well-deserved cooked breakfast; huge thanks to all involved. On Remembrance Sunday, we held our traditional service with the laying of wreaths at the war memorial.

A small Christmas sale with mulled wine and mince pies was held in the church in November and the money raised went to support our Mission Partners.

It was good to be able to again help St Francis Strood in their annual Christmas Hamper project. Christmas goodies were generously given and needed two cars to be taken to Strood. A good number from St George’s then braved the snow and ice to distribute the hampers to 70 appreciative households.

St George’s was pleased to again take part in the village Living Advent Window project; this year our door had a beautiful display designed and decorated by Justine Frost.

The Café on the Green, as a Place of Welcome, continues every Tuesday morning, 10.00 until midday. It has proved a valuable and successful addition to Weald village in offering a warm hospitable and safe place for everyone to meet, enjoy a coffee, companionship and receive support. The Café has recently also welcomed speakers from Age UK and the Macular Society. In September, the café received a routine spot check visit from Sevenoaks District Council Environmental Health Department and passed with flying colours. In December, Christmas cards were written to Christians who are persecuted. We are grateful to the Memorial Hall committee for their continued support of the Café and to Nikky Goozee and all the volunteers involved in ensuring the success of this venture.

The St George’s group (for babies, toddlers and carers) Teddy’s, meets in the Church Rooms every Friday morning and continues to be a popular, welcoming and fun group. A short toddler friendly Christmas service

7

St. George’s Church, Weald Annual Report and Financial Statements of the Parochial Church Council for the year ended 31[st] December 2022

was held in the church led by Mandy. Thanks to Lois, Helen, Shirley, Ros and Judith for running this much appreciated group.

Cameo, led by Judith Howard has had a good year with many interesting speakers and amazing afternoon teas and soup lunches in the colder months. Easter and Christmas were both celebrated with tea and hymns/carols with short addresses by Mandy. A few days of Holiday at Home were run and enjoyed over summer and an equally enjoyable postponed Christmas meal at the Windmill. Thanks to Judith and her committee of helpers for running this much needed and appreciated group.

The showing of Golden Oldies has restarted. Films are shown in the church on the big screen every 1-2 months. The screening is for everyone, but also dementia friendly and shown with subtitles, and includes an interval with choc ices! The films are shown by Sarah Griffiths who along with Shirley Hayes is an Anna Friend, championing the elderly and especially those (and their carers) living with dementia. Thanks to Sarah for running these popular events.

The Telephone Prayer Link continues to be a very important part of St George’s ministry. Thanks to Shirley Hayes who is the main lead and to all the dedicated pray-ers.

Under the leadership of Guy Durdant-Hollamby, the church hall has been painted by a team of volunteers, giving it a new lease of life; thanks to all involved. Further improvements are planned in 2023. Following the hall’s five-year statutory electrical inspection, the multiple fuse boxes have been combined to provide a single modern system. Although the hall is no longer used by Weald Preschool, which sadly finished in September, it still has a good number of bookings. This included the recent use for rehearsals and production by the newly formed Weald Pantomime Society, who kindly helped with some of the painting.

The Remembrance Garden in Glebe Road has been extended. We are very grateful to Lesley Knight and Mark Johnson for their help with this.

St George’s is continuing to move forward in our ambition to become an Eco Church in the five areas of worship and teaching, management of church buildings and land, community and global engagement and lifestyle. An area in the north churchyard has been chosen and marked out as a natural area where the grass will not be cut, and wildflower seeds have been sown. Plans are also under way to establish the King’s Garden in the area outside the church hall, previously used by Weald preschool. This will be a whole community venture, dedicated on the Bank Holiday to mark the coronation of King Charles, in May. The designing and making of a new altar frontal, is another ongoing community venture, as is the recently established Recycling Hub for clothes and items such as Pringles containers and confectionary /biscuit/cake/bakery wrappers, not currently recycled by Sevenoaks District Council. The church has signed up to Terracycle to help with this, and is now an established local drop-off point for these items. Once collected and weighed, we will receive points per kg which will be translated into pounds for charity. The lights in the church hall have been replaced with LED ones and the duration that the floodlights around the church are switched on has been reduced. St George’s has applied for the bronze award under the A Rocha reward scheme. Many thanks to Sarah Jones and Mike Conacher for leading on Eco Church and for all their hard work to help achieve this.

St George’s is pleased to be able to continue to add our support to our world mission partners, Julia Richardson CEO with International Children’s Palliative Care Network, Patrick Kangi with London City Mission, Sam and Abby Baguma with Mission Aviation Fellowship and Paula and Dean Finnie, of The Gathering Church in South Africa. It has been good to receive regular updates by film and emails from all of them. We also continue to support the local food bank, Sevenoaks Loaves and Fishes by collecting nonperishable food.

Safeguarding remains a priority on every PCC agenda, and we are grateful for the regular updates provided by our Safeguarding Officer, Elizabeth Miller. In November, St George’s supported Safeguarding Sunday in the morning service and Mandy gave a thought provoking but sensitive and respectful address.

On 1[st] March, St. George’s underwent its latest Quinquennial inspection and although awaiting the official report, all seemed to be in order with the inspector impressed with our care of both the building and grounds. In fact, he commented that St George’s was one of the best looked after churches in the area! Thanks to Stephen Martin for accompanying him and many thanks to everyone for this achievement which contributes to the welcoming nature of the church.

8

St. George’s Church, Weald Annual Report and Financial Statements of the Parochial Church Council for the year ended 31[st] December 2022

Financial Statement

A Statement of Financial Activities for 2022 are included in this report along with that for the previous financial year. Last year, St George’s total income was £90,142 (2021: £94,939) and total expenditure was £73,238 (2021: £94,192).

Compared to 2021, the total income decreased by £4,797 but if the legacy of £10,000 received in 2021 and a single one-off payment of £5000 made in 2022 are excluded from the totals, the income is broadly the same. Total expenditure in 2022 reduced by around £20,954, this was mainly a result of a considerably reduced parish share and a lower depreciation figure. Income exceeded expenditure by £16,904 (2021: income exceeded expenditure by £747).

Donations and Legacies provided £64,920 (2020: £74,752) or 72% of the total (2021: 79%). Planned Giving increased to £34,030 (2021: £31,066), and it continues at a level which underpins St Georges financial planning. The level of Other Planned Giving increased in 2021, this was mainly the result of new regular donations made through Charity Aid Foundation (CAF) which totaled £5,000. As might be expected, an increase in collections at services was observed in 2021. The amount of funds received via Donations and Appeals decreased by around £7,000 when compared to 2021. This is because the figure for 2021 included the one-off streaming equipment appeal.

A considerable amount of the giving is made with gift aid which is of great benefit to St George’s and the supported charities. Concerning other sources of income – Church Activities and Other Trading Activities both increased in 2022; the 10k run raised in excess of £4,000 and the 10 Challenge a further £1500. For further information, please see Note 2 to the Financial Statements.

Expenditure from the General Fund, excluding the Parish Share and charitable giving, was slightly lower than in 2021; this mainly resulted from lower depreciation costs in 2022.

The PCC distributed £10,424 to charities in 2022, this equated to 11.6% of total income (2021: 11.0%) and 13.1% of general income (15.4% in 2021). Payments of £2,000 from the General Fund and £8,424 from the Restricted Mission Fund were distributed to our Mission Partners and other charities. There was a small surplus in the Mission Restricted fund of £403 (2021 £674) this will be used to support the 2023 committed donations of £6,400. See Notes 9 and 10 to the Financial Statement for more detail.

Transfers from the General fund to the Church and Church Hall repair funds of £5,500 and £2,000 respectively are the same as those in 2021.

We are very grateful to all those who are able to support St George’s financially in one way or another.

In 2022, the cost of events (£1,158) includes a payment from the Cameo fund to support their Christmas lunch, expenditure associated with Café on the Green (Café fund) and the cost of purchasing goods for resale, (£365). In 2022, £4,804 was spent on the Church Hall to upgrade the electrical system, install LED lights and decorate much of the building; the cost will be depreciated over five years.

Church Activities expenditure can be broadly grouped into three areas. First, Missionary and Charitable Giving which in 2022 was £10,424 (2021: £10,400) this was a slightly higher percentage of total income but a lower percentage of the general fund income. – see Note 10 to the Financial Statement for more detail. Second, Ministry Costs which decreased mainly because the Diocesan parish contribution decreased. Third, the cost of running, repairing and improving the Church buildings and its grounds which were broadly similar to 2021. For more information, please see Note 3 to the Financial Statements.

Bringing the income and expenditure together, the result for 2022 was an increase in assets held by St Georges to £210,060 (2021: £193,156). Of this, the sum of Debtors, Short Term Deposits, Cash at the Bank and in Hand, less Creditors amounted to £193,408 (2021: 175,800. Another way of analyzing the composition of the £210,060 is to divide it between the amounts held in Unrestricted and Restricted Funds. At 31 December 2022, the split was £194,881 and £15,179 respectively.

9

St. George’s Church, Weald Annual Report and Financial Statements of the Parochial Church Council for the year ended 31[st] December 2022

The PCC is truly grateful for the significant commitment from Trevor Griffiths and Steve Fenn in managing the day-to-day finances of St George’s, preparing reports for the PCC to both monitor the ongoing financial position and to forecast budgets for subsequent years, and lastly for the preparation of these Financial Statements.

The PCC is also grateful for the work of the accountancy firm Perrys Accountants Ltd. for their work in carrying out the Independent Examination, which provides an important level of assurance to the PCC that their stewardship of the financial affairs of St George’s is appropriate and proportionate to the objectives of St George’s.

All Cameo funds (Restricted) are currently held in the PCC bank account.

Funds held as Custodian on Behalf of Others

No Agency collections monies are held at the end of 2022.

The PCC established a fund in 2007 called the Weald Opportunities Fund aimed at supporting worthwhile social and community projects in which parishioners participate, both within and outside the parish. No Gifts were made from this Fund in 2022 (2021: £0).

Plans for Future Periods

Between 2017 and 2020 there was a continuous reduction in the reserves, in 2021 there was a small surplus which resulted from a substantial legacy (£10,000) received by St George’s.

The financial position at the end of 2022 was stronger than in 2021 with income exceeding expenditure by £16,904, this amount was underpinned by a donation of £5000 in December of 2022 and in year donations via CAF of £5000. Net Current Assets (nearly all in the form of cash deposits) are still relatively high at £193,408.

The latest Quinquennial inspection has just been completed, the previous one identified work on the Church including repointing of external walls and buttresses which will be financed from the Church Repair fund. The provision of five LED floodlights is under investigation.

The electrical system in the Church Hall was modernized in 2022, LED lights were installed in the main part of the hall and most of the hall was decorated. Further internal and external works are planned in 2022 these include further decorating and electrical work. There are considerable structural issues with the Church Hall which are currently being investigated.

Looking ahead, the 2023 Budget for the PCC aims to avoid a reduction in the cash reserves, a slightly higher parish share was offered for 2023, however, depreciation costs are likely to increase further when the extent of work necessary on the Church Hall is agreed.

One of the tasks of the PCC during 2023 is to consider how best to balance the use of income and reserves in furtherance of St George’s Objectives and Activities for Public Benefit.

Policy Statements

Reserves

It is the policy of the PCC to generally maintain unrestricted funds, which are the free reserves of the charity, at a level which equates to approximately six months of unrestricted expenditure. This provides sufficient funds to cover management, administration and support costs, and to respond to emergency expenditure and applications for grants that arise from time to time. At the end of 2022, this was estimated to be £45,000 and was covered by Unrestricted Funds amounting to £156,070.

10

St. George’s Church, Weald Annual Report and Financial Statements of the Parochial Church Council for the year ended 31[st] December 2022

Missionary and charity giving

It is the policy of the PCC to ensure that missionary and charitable giving should be at a level which is at least 10% of total income. These include missionary societies, relief and development agencies, home mission and secular charities – see Note 10 of the Financial Statements for more information. Decisions as to the distribution of the money are made at PCC meetings and the Mission Action Group.

Risk management

The following points should be noted:

Approved by the PCC on 27[th] March 2023 and signed on its behalf by

M Carr

Rev Mandy Carr PCC Chair

11

PAROCHIAL CHURCH COUNCIL OF ST GEORGE WEALD

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2022

TOTAL TOTAL
General Designated Restricted FUNDS FUNDS
Funds Funds Funds 2022 2021
Notes £ £ £ £ £
Income and endowments from
Donations and legacies 2a 62,282 2,639 64,920 74,752
Income from Church activities 2b 4,122 1,287 5,408 4,306
Other trading activities 2b 12,368 6,093 18,461 15,721
Investments 2c 958 395 1,353 160
Total incoming resources 79,729 395 10,018 90,142 94,939
Expenditure
Raising funds 3a 1,158 1,158 1,173
Church activities 3b 60,174 11,906 72,080 93,019
Total resources expended 60,174 13,065 73,238 94,192
Gains/(losses) on investments
Net income (expenditure) 19,555 395 (3,047) 16,904 747
Transfers between funds - transfers in 7,500 7,500 74,279
Transfers between funds - transfers out (7,500) (7,500) (74,279)
Net incoming/(outgoing) resources
before other recognised gains and losses 12,055 7,895 (3,047) 16,904 747
Gains/(losses) on revaluation of fixed assets
Other recognised gains/losses
Net movement in funds 12,055 7,895 (3,047) 16,904 747
Total funds brought forward at 1 January 100,530 74,401 18,226 193,156 192,409
Total funds carried forward at 31 December 112,585 82,296 15,179 210,060 193,156

The accompanying notes form a part of these financial statements.

Page 12

PAROCHIAL CHURCH COUNCIL OF ST GEORGE WEALD

BALANCE SHEET AT 31 DECEMBER 2022

Notes
Total fixed assets
5
Current assets
Debtors/pre-payments
6
Short term deposits
Cash at bank and in hand
Creditors: amounts falling due within one year
7
Net current assets
Total assets less current liabilities
NET ASSETS
8
Funds
Restricted funds
9
Designated funds(Unrestricted)
9
General funds(Unrestricted)
9		 2022
£
£
16,652
1,914
156,070
36,450
194,434
-1,026
193,408
210,060
210,060
M
15,179
82,296
112,585
210,060		 2021
£
17,356
821
147,217
30,040
178,078
-2,278
175,800
193,156
193,156
18,226
74,401
100,530
193,156

Approved by the Parochial Church Council on 27rd March 2023 and signed on its behalf by

M Carr

Rev. Mandy Carr PCC Chair

The accompanying notes form a part of these financial statements.

Page 13

PAROCHIAL CHURCH COUNCIL OF ST GEORGE WEALD

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022

1. Accounting policies

a Basis of preparation

The financial statements have been prepared under the historical cost convention. The accounts have been prepared on the basis that the PCC is a going concern. The PCC is a public benefit entity and the accounts have been prepared under the Charities SORP (FRS 102) 2015. The PCC has taken advantage of the exemption for smaller charities to prepare a statement cash flows.

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 which are informal gatherings of church members.

b Funds

Funds held by the PCC are:

Unrestricted funds - general funds which can be used for PCC ordinary purposes.

Designated funds - monies set aside by the PCC out of unrestricted funds for specific future purposes or projects.

Restricted funds - a) income from trusts or endowments which may be expended only on those restricted objects provided in the terms of the trust or bequest; 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 the year is carried forward as a balance on that fund.

c Income

All incoming resources are accounted for gross.

Donations and legacies

Collections are recognised when received. Planned giving receivable is recognised only when received.

Income tax recoverable on Gift Aid donations is recognised when the income is recognised. Grants and legacies are recognised when the PCC is legally entitled to the amount due, the amount can be reliably measured and the when they are considered probable.

Interest

Interest entitlements are accounted for as they accrue.

All other income

All other income is recognised when it is receivable.

Page 14

PAROCHIAL CHURCH COUNCIL OF ST GEORGE WEALD

NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31 DECEMBER 2022

d Expenditure

Resources expended are accounted for on an accruals basis and are accounted for gross.

Grants

Grants and donations are accounted for when paid over, or when awarded where the award creates a binding obligation on the PCC.

Church Activities

The diocesan parish contribution is accounted for when paid. Any parish contribution unpaid at 31 December is provided for in these accounts as an operational (though not a legal) liability and is shown as a creditor in the balance sheet.

e Fixed Assets

Tangible fixed assets

Consecrated and beneficed property of any kind is excluded from the accounts by s.10(2) of the Charities Act 2011.

Movable church furnishing are vested in the Churchwardens for the use and benefit of the parishioners and cannot be disposed of without a faculty. These assets are regarded as "inalienable" property held on special trust on behalf of the PCC and are not accounted for in the PCC's accounts. They are listed in the church's inventory which can be inspected.

All expenditure on consecrated or beneficed buildings and individual items costing under £1,000 are written off in the year they were incurred.

Expenditure on items purchased using a grant is written off in the year it was incurred.

Depreciation

Depreciation is calculated to write down the cost of tangible fixed assets, including freehold properties, over their expected useful lives. The rates generally applicable are:

Church hall 50 years straight line
Fixtures and fittings 5 years straight line
Church hall floor and under stage storage 5 years straight line
Church car park surface 10 years straight line
Church hall ceiling 10 years straight line
Church hall heating 5 years straight line
Church hall boiler 5 years straight line
Church PA system 5 years straight line
Church photocopier 5 years straight line
Streaming Equipment 5 years straight line
Vicarage carpet 5 years straight line
Church repair 2021 5 years straight line

A full year's depreciation is provided in the year of acquisition.

f Current Assets

Amounts owing to the PCC at 31 December in respect of fees, rents or other income are shown as debtors less provision for amounts that may prove uncollectible.

Short-term deposits include cash held on deposit either with the CBF Church of England Funds, or at the bank.

g Going concern

The trustees consider that there are no material uncertainties about the ability to continue as a going concern

Page 15

PAROCHIAL CHURCH COUNCIL OF ST GEORGE WEALD

NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31 DECEMBER 2022

2 Income and endowments
 All totals rounded up to nearest £
a Donations and legacies
Planned giving - gift aid
Income tax recoverable on planned giving
Other planned giving
Collections at all services
Donations and appeals
Income tax recoverable on donations and appeals
Grants
Legacies
b Income from Church Activities
Social events and books to promote objectives
Fees from weddings etc
c Other trading activities
Church hall lettings to non church organisations
Weald 10K
Weald 10k Challenge
Harvest Festival
d Investments
Interest income
Income and endowments		 (unrestricted) (unrestricted)
TOTAL
(unrestricted)
(unrestricted)
TOTAL
General
Designated
Restricted
FUNDS
General
Designated
Restricted
FUNDS
Funds
Funds
Funds
2022
Funds
Funds
Funds
2021
£
£
£
£
£
£
£
£
34,030
34,030
31,016
50.00
31,066
8,965
8,965
7,677
7,677
9,175
9,175
4,070
4,070
1,296
674
1,969
193
244
437
8,355
1,360
9,715
7,693
9,398
17,092
461
605
1,066
1,838
2,573
4,411
10,000
10,000
62,282
2,639
64,920
52,487
22,265
74,752
464
887
1,350
1,296
1,296
3,658
400
4,058
2,840.00
170.00
3,010
4,122
1,287
5,408
2,840
1,466.45
4,306
12,368
12,368
12,288
12,288
4,174
4,174
1,538
1,538
3,433
3,433
381
381
12,368
6,093
18,461
12,288
3,433
15,721
958
395
1,353
38
122
160
958
395
1,353
38
122
160
79,729
395
10,018
90,142
67,653
122
27,164
94,939

PAROCHIAL CHURCH COUNCIL OF ST GEORGE WEALD

NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31 DECEMBER 2022

3 Expenditure
 All totals rounded up to nearest £
a Raising funds
Stewardship costs
Costs of 10k
Costs of fetes and other events
c Expenditure on church activities
Missionary and charitable giving (Note 10):
Ministry costs:
Diocesan parish contribution
Working expenses
Vicarage expenses
Assistant Staff
Church running expenses
Church maintenance
Upkeep of services
Upkeep of churchyard
Parish magazine
Parish training, mission and publicity
Parish administrator
Church administration
Church hall running costs
Church improvement costs
Hall improvement costs
Independent examination
Depreciation
Total expenditure		 (unrestricted)
(unrestricted)
TOTAL
(unrestricted) (unrestricted)
TOTAL
General
Designated
Restricted
FUNDS
General
Designated
Restricted
FUNDS
Funds
Funds
Funds
2022
Funds
Funds
Funds
2021
£
£
£
£
£
£
£
£
1,158
1,158
1,173
1,173
1,158
1,158
1,173
1,173
2,000
8,424
10,424
2,000
8,400
10,400
27,500
27,500
40,579
40,579
1,235
1,235
713
20
733
4,072
4,072
3,970
3,970
90
90
90
90
6,154
120
6,274
5,233
50
5,283
1,780
162
1,942
905
500
1,405
5,499
402
5,902
5,022
266
5,288
1,303
1,303
1,380
150
1,530
182
182
191
10
201
1,409
1,409
928
928
736
736
478
280
758
4,478
4,478
5,163
5,163
1,026
1,026
1,008
1,008
2,710
2,798
5,508
12,883
2,799
15,683
60,174
11,906
72,080
80,544
12,475
93,019
60,174
13,065
73,238
80,544
13,648
94,192

NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31 DECEMBER 2022

4 Staff costs

The PCC has no employees. The PCC benefits enormously from voluntary service. It is not possible to place a value on its volunteers but the PCC would not be able to function without such generous giving of time.

b Transactions with PCC members

The following amounts were paid to PCC members and related parties during 2022 R Johnson £1429 for administrative assistance and £20 for Verger ( (2021 £928). Paula and Dean Finnie, Paula being the sister of L Martin, £2400 for missionary work in South Africa (2021: £2990). The Hardware Centre Sevenoaks, owned by S Martin, £110 for consumables (2021: £109) India Martin £120 for live streaming. Julia Richardson £2600 for organist services (2021: £1520). Julia Richardson works as a consultant for International Children's Palliative Care Network, to whom the PCC donated £2000 (2021: £2550). S Griffiths £220 for Verger. P Young £100 for Organist services.

Donations of £16,494 were made by PCC members in 2022 (2021 £23,527)

There were no other reportable transactions in respect of PCC members, nor persons closely connected to them, nor other related parties.

5
At 1 January 2022
Additions
Disposals
Revaluation
At 31 December 2022
At 1 January 2022
Provided in the year
Disposals
At 31 December 2022
Net book amounts
Tangible fixed assets
Cost or valuation
Depreciation
At 31 December 2022
At 31 December 2021		 (i)
(ii)
(iii)
(iv)
(v)
(vi)
(vii)
(viii)
Freehold land
Church
Church Hall
Car Park
Photocopier
Streaming
Vicarage
Church
TOTAL
and buildings
fittings
fittings
surfacing
Equipment
Carpet
Repairs 2021
£
£
£
£
£
£
£
£
£
142,209
48,750
43,982
15,334
1,380
13,991
2,605
4,754
273,005
4,804
4,804
147,013
48,750
43,982
15,334
1,380
13,991
2,605
4,754
277,809
142,209
48,750
43,982
15,334
1,104
2,799
521
950
255,649
964
276
2,798
521
949
5,508
143,173
48,750
43,982
15,334
1,380
5,597
1,042
1,899
261,157
3,840
0
0
0
0
8,394
1,563
2,855
16,652
0
0
0
0
276
11,192
2,084
3,804
17,356

The freehold land and buildings comprise:

Refurbishment of the Hall in 2022 (Electrical system update including LED lights, and painting) added £4804, these costs will be depreciated over 5 years.

iv Resurfacing of the church car park in November 2010 at a cost of £15,334 and has been fully depreciated over ten years. v The photocopier was purchased in 2018 at a cost of £1,380, this has now been fully depreciated over five years.

vi The streaming equipment purchased in 2021 will be depreciated over five years. vii A new carpet fitted in the vicarage will be depreciated over five years. viii The cost of work to eliminate water ingress into the church will be depreciated over five years.

Page 18

PAROCHIAL CHURCH COUNCIL OF ST GEORGE WEALD

NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31 DECEMBER 2022

6 Debtors

**6 ** Debtors
2022 2021
£ £
Prepayments 1,914 821
1,914 821
**7 ** Creditors: amounts falling due within one year
Agency collections 2022
£		 2021
£
582
Deferred income (Weddings/Banns) 568
Deferred Restricted income (Streaming) 120
Accruals 1,026 1,008
1,026 2,278
**8 ** Analysis of Net assets by fund General
Designated
Restricted		 Total Funds Total Funds
Fixed assets for church use Funds
Funds
Funds
£
£
£
8,258
8,394		 2022
£
16,652		 2021
£
17,356
Current assets 105,353
82,296
6,785		 194,434 178,078
Current liabilities -1,026 -1,026 -2,278
112,585
82,296
15,179		 210,060 193,156
**9 ** Statement of funds Transfers,
Unrestricted Funds - undesignated At
1 Jan 2022
Income
Expenditure
£
£
£		 other gains
and losses
£		 At
31 Dec 2022
£
General Fund 100,530
79,729
-60,174		 -7,500 112,585
100,530
79,729
-60,174		 -7,500 112,585
Unrestricted Funds - designated
Church Repair Fund 56,827
301		 5,500 62,628
Church Hall Repair Fund 17,574
94		 2,000 19,669
74,401
395		 7,500 82,296
Restricted Funds
Mission Fund 674
8,523
-8,794		 403
Amenities and Study Aids 4,935
268
-373		 4,830
Church Yard Fund
Cafe on the Green 977
826
-637		 1,166
Streaming Equipment 11,212
280
-2,960		 8,532
Church Heating 120
-120
Church Organisations Funds 428
-180		 248
18,226
10,017
-13,065		 15,179
Total funds 193,156
90,142
-73,238		 210,060

Page 19

PAROCHIAL CHURCH COUNCIL OF ST GEORGE WEALD

NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31 DECEMBER 2022

9 Statement of funds (continued)

The designated funds comprise:

the Church Repair Fund (for repairs to the Church)

the Church Hall Repair Fund (for repairs to the Church Hall)

the Mission Fund designated for local people and projects (the "Weald Opportunity Fund")

The restricted funds comprise:

the Mission Fund (for donations which have been given for specific charities)

the Churchyard fund (for donations which have been given specifically for the upkeep of the churchyard)

the Amenities and Studies Aid Fund (for donations which have been given specifically for improving the amenities at St George's.

the Church Heating Fund (for donations which have been given specifically for church heating costs)

the Cafe on the Green fund (for donations and expenses associated with the Cafe on the Green)

the Streaming Equipment fund (for donations/income associated withthe Streaming Equipment)

the Church Organisations Fund (for donations which have been given specifically for use by those organisations. Currently the only Church Organisations fund is for Cameo)

Page 20

PAROCHIAL CHURCH COUNCIL OF ST GEORGE WEALD

NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31 DECEMBER 2022

----- Start of picture text -----
10 Missionary and Charitable Giving
2022 2022 2022 2021 2021 2021
£ £ £ £ £ £
(unrestricted) (unrestricted)
General Restricted Total General Restricted Total
(a) Giving to missionary societies
Associates of Christians Abroad (Paula and Dean Finnie) 2,400 2,400 2,400 2,400
The Gathering - - - 550 550
(b) Giving - relief and development agencies
Mission Aviation Fellowship - 1,000 1,000 - 1,550 1,550
(c) Home Mission
London City Mission - 1,000 1,000 - 1,550 1,550
- 117 117 - 815 815
Christian Viewpoint for Men 60 60 60 60 120
(d) Secular Charities
International Children Palliative Care Network 2,000 - 2,000 2,000 550 2,550
Friends For Families 1,000 1,000
Sevenoaks Larder 1,222 1,222
Sevenoaks Welcomes Refugees 750 750
Help For Heroes 480 480
The Hygiene Bank 222 222 681 681
Christian Aid 63 63
Alzheimers Society 30 30
Macular Society 50 50
British Legion 31 31
Wales Air Ambulance 244
TOTAL 2,000 - 8,425 10,425 2,060 - 8,400 10,460
----- End of picture text -----

St George's also gives time each year in supporting Christian Aid Week. The funds raised are not included in the PCC accounts.

It is the policy of the PCC to donate an amount equivalent to at least 10% of its general income to charities. In 2022 it donated £10,424, which represents 11.6% of total income of £90,142 (2021 11.0%) and 13.1% of general income of £78,729 (2021 15.4%)

Page 21