## The Annual Report 

## - for 2022 2023 

of the Parochial Church Council 


of Ss. Peter & Paul, Edenbridge 

The PCC is a charity - Registered Charity No. 1133858. Registered with the Charity Commission since 28 January 2010 

## _**Introduc)on**_ 

The Parish Church of St Peter & St Paul at Edenbridge in Kent has a long history of worship daJng back to the 12th century. It is a Grade I listed Building - being one of the oldest churches within the Diocese of Rochester, a middle-of-the road Anglican community with a strong choral tradiJon. The emphasis is on worship of a high quality and is conducted in person and also livestreamed by Zoom most Sundays. This church has strong links with all the other local churches – Anglican, Roman Catholic, URC, BapJst and Grace Community - through the Edenbridge Churches in Covenant (ECC). 

## _**History**_ 

The Church building is on a site that has been used for worship from Saxon Jmes and there is evidence that the origins of the structure are Norman (Textus Rofensis 1120). The current building dates, in the main from the 14[th] Century, supported by the daJng of the recently exposed St. Christopher mural to the right of the porch door. 

We have only one visible bit of Norman era – at the west end on the north side. It was rebuilt and extended in the early English period. InteresJng features include the tower clock with only an hour hand, the font, the Jacobean pulpit, the alabaster memorial to Nicholas Seliyard and the white marble Richard Jemmet family tombstone, both of which were professionally cleaned during the redecoraJon project in 2020. The East window in the Martyn Chapel was installed in 1908, using stained glass that is a]ributed to the studio of the Arts and Cra^s Pre-Raphaelite arJst Edward BurneJones. The Nave’s stained-glass window by Howard Kempe is of a superior quality and slightly earlier, depicJng Christ on a green cross represenJng ‘renewal.’ 

## _**Administra)ve informa)on**_ 

St Peter and St Paul's Church building & churchyard is in Church Street, Edenbridge TN8 5BD within stone walls. Correspondence should be addressed to the Rev'd Dr S. A. J. Mitchell, Parish Office, The Vicarage, Mill Hill, Edenbridge, Kent TN8 5DA. 

The Parish is ably assisted by the Parish Administrator - Andrea Shipwright - who conJnues to provide an invaluable service to Fr Stephen and the Churchwardens creaJng the weekly pew sheet and distribuJng it by email, liaising with funeral directors and Diocesan departments, answering queries and many other tasks required to ensure the Parish funcJons efficiently and smoothly. 

1 



_**Parochial Church Council (PCC)**_ 

Anyone who a]ends the church is encouraged to register on the Electoral Roll and stand for elecJon to the PCC. The PCC members who have served the last calendar and financial year are as follows: 

|Vicar & Chairman|The Reverend Dr Stephen A J Mitchell SSC|
|---|---|
|Churchwarden and Vice Chair|<br>Mrs Terri Scanes (to May 2023)|
|Churchwarden|Mrs Jacquie Hill (to May 2023)|
|Secretary|Kathleen Skinner (& PCC member to APCM 2024)|
|Treasurer|Graham Shewell|
|_Elected Members (Trustees):- _||
|Richard Cain|(to APCM 2022)|
|Rachel Cooper|(to APCM 2022)|
|Jane Wroe|(to APCM 2022)|
|Jane Brown|(to APCM 2023, also Minute Secretary)|
|Susan Oldfeld|(to APCM 2023, Pastoral Assistant & Deanery Synod Rep)|
|Hilary Morgan|(to APCM 2023, also Lay Reader & Deanery Synod Rep)|
|Val BanJn|(to APCM 2024)|
|Fiona Glidewell|(to APCM 2024, also Safeguarding Ofcer)|
|Julie Johnson|(to APCM 2024)|
|Paul Baker|(to APCM 2024 as Diocesan Synod Rep)|
|Alan Smart|(to APCM 2024)|
|Richard Dyson|(to APCM 2025)|
|Carole Webster|(to APCM 2025)|
|Anthea Staples|(to APCM 2025, also Lay Reader)|



_**Structure, governance and management**_ - Members of the Parochial Church Council (PCC) are either elected at the Annual Parochial Church MeeJng (APCM) or co-opted by the PCC for a parJcular purpose in accordance with the Church RepresentaJon Rules. The PCC Treasurer is Graham Shewell of Plaxtol, Hilary Morgan and Anthea Staples – Lay Readers and Fiona Glidewell is our Safeguarding 

PCC members as trustees, are responsible for deciding on all ma]ers of general concern and importance to the Parish including how PCC funds are spent. The Treasurer and Churchwardens would like to acknowledge the invaluable help that Jane Cain provides as Assistant Treasurer in dealing with all aspects of finance - bookkeeping, stewardship and gi^ aid - paying in money received, and so many other ‘behind the scenes’ acJviJes. 

To meet its wide responsibiliJes the PCC has a number of sub-commi]ees, each of which deals with a parJcular aspect of Parish life and normally meet between full meeJngs of the PCC according to their needs. The sub-commi]ees report to every PCC meeJng either by wri]en or verbal means. 

St. Peter & St Paul’s PCC has the responsibility of co-operaJng with the incumbent, the Rev’d Dr Stephen A J Mitchell, in promoJng within the Parish, the whole mission of the Church: pastoral, evangelisJc, social and ecumenical. The PCC also has maintenance responsibiliJes for the Vicarage and the St Paulinus Church Hall in Hillcrest Road, Marlpit Hill, Edenbridge. 

2 



## _**Objec)ves and Ac)vi)es**_ 

The PCC is commi]ed to enabling as many people as possible to worship at the church and to acJvely become part of our Parish community. Services and worship put faith into pracJce through prayer and scripture, music and sacrament. We try to enable ordinary people to live out their faith as part of our Parish community through worship and prayer, nurturing, outreach work and pastoral care for individuals living in the parish. Detailed objecJves of the PCC conJnue to build on iniJaJves started in previous years, under the framework of our Mission Statement. 

## These are: - 

- Communicate the Church’s message to the local community effecJvely 

- Provide greater accessibility to group acJviJes within the Church 

- Increase our congregaJon with great emphasis placed upon gaining new members as well as retaining exisJng parJcipants 

- Raise the profile of Stewardship, helping regular church goers as well as the wider public be]er understand our situaJon to address the shorlall in regular income 

- To adopt Diocesan and Church of England Policies 

- Increase fundraising efforts to ensure funds are available for special projects 

To facilitate this work, it is important the PCC maintains the fabric of the Church building of St Peter & St Paul, so that the building can be a central focus and meeJng place for Parish acJviJes whether religious or secular. We work hard to maintain viability and use the Jme and talents of volunteers as well as we can and value the commitment from all volunteers and of course Fr. Stephen to the Parish. 

The PCC appointed Fiona Glidewell as the Parish Safeguarding Officer for another year and her annual report is included in the Sundry reports for the Annual Parish General MeeJng. The public noJces ‘PromoJng a Safer Church’ around the building display Fiona’s contact details and those of Sue Oldfield and Hilary Morgan as the other nominated points of contact. The PCC have complied with the duty to have regard to the House of Bishops’ guidance on safeguarding children and vulnerable adults under secJon 5 of the Safeguarding and Clergy Discipline Measure 2016 ensuring all those from the congregaJon working with or near to these groups have undertaken the relevant training. A number of on-line trainings at many levels – basic awareness, foundaJon and leadership, safer recruitment and people management, along with raising awareness of domesJc abuse have been undertaken by volunteers within the church community and DBS checks have been carried out where required. 

## _**Achievements and performance**_ 

_**Worship and Prayer**_ **:** The main service of the week is the Sunday 9.30am Eucharist. OpportuniJes for worship are also offered at an 8am communion service on Sundays and at Evensong and Wednesday morning Eucharist worship at 10.30am. We have been able to hold an 11am ‘All Age’ service on the first Sunday of the month which draws in a number of young families and their children for prayer, singing and cra^s, and recently have parJcipated in joint family services – Harvest, Epiphany and Mothering Sunday. 

The Junior Choir conJnues to go from strength to strength under the guidance of Fiona who is taking them through training to achieving the pale blue, dark blue and red ribbon awards in choral singing. 

For the year ending 2022 there were 165 parishioners in the Church Electoral Roll. The annual Statement of Mission survey for the Diocese was completed in January 2023 accurately reflecJng the impact that zooming and actual a]endance had on our congregaJon numbers and the whole country. 

3 



In the last year, there have been three weddings, a Service of Blessing, 12 bapJsms and 23 funerals held in this church – ably guided by George Lincoln and Paul Baker as Vergers. 

The ChrisJngle service, held in the a^ernoon of Christmas Eve was again challenging as it was very popular with a limit of 250 a]ending with admission by Jcket only. Community special events included the Primary School’s Christmas carol rehearsal and two services in the Church leading up to the end of term. Remembrance Sunday started with a wreath laying at the hospital’s War Memorial service at 11am followed by a Service of Remembrance in the a^ernoon. 

Rev. David Flagg has conJnued to support Fr. Stephen by conducJng a number of Services on Sundays and Wednesdays. Julian Knight has been responsible for most of the unlocking and closing tasks, with some help from the church wardens enabling the Church to be open for private prayer and spiritual contemplaJon daily usually between 9 and 5pm every day of the week. 

_**Pastoral Care and Outreach**_ : The Church has three Lay Readers – Barbara Mitchell, Hilary Morgan and Anthea Staples, two Pastoral Assistants – Sue Oldfield and George Lincoln, and an ‘Anna Chaplain - Val BanJn - who form the Ministry Team to assist the Vicar. Some members of our Parish who are unable to a]end church due to sickness or infirmity have been given communion by Fr. Stephen either at home, or in Stanholm or recently at Edenbridge Manor. We conJnue to support the Food Bank through edible gi^s from the congregaJon using a donaJon box in the BapJstry which is collected weekly by Hilary Morgan and taken to Rickards Hall for distribuJon. The generous donaJons at the Harvest FesJval and Epiphany services were much appreciated by the Food Bank which operates out of Rickards Hall on Tuesday mornings under the guidance of Dave White of the Grace Church. 

The Churchwardens and Fr. Stephen arranged for signed cards and Advent booklets to be sent out at Christmas to all those on the Electoral Roll. This was followed by Lenten booklets (and cards made by Barbara Mitchell) to specified members of the community in February. 

The weekly pew sheets are compiled by Andrea and emailed out to all on the GDPR e-mail lists she holds. Val BanJn provides copies of the pew sheet and worship at home leaflets to those not able to receive emails. The monthly Parish Newsle]er is sJll being produced by John Nupng and again emailed to the congregaJon. The church website is maintained by Richard Cain. Social fundraising events have been popular – the numerous coffee mornings, Queen’s Jubilee pop-up tearoom, Michaelmas Fair, Winter Fair, Harvest and the recent Edenbridge ECO ExhibiJon. 

_**Ecumenical Rela)onships**_ : St Peter & St Paul’s Church is a member of the Edenbridge Churches in Covenant (ECC). Members are from Holy Trinity Church in Crockham Hill, The United Reformed Church at Marsh Green, St. Lawrence’s Roman Catholic Church, The Grace Community, Eden BapJst Church and the Three Spires Benefice of Four Elms, Hever and Mark Beech villages. 

_**Volunteers**_ : Our incumbent, Church Wardens and PCC as always, are extremely grateful to all the members of the church community who work hard to ensure that our ministry and stewardship is maintained. These include – the Choir, Intercession leaders and Lesson readers, The Flower Guild, Sidesmen, Sacristans, cleaning and caretaking teams and many others who help at various events 

_**BRIDGES:**_ We have three Trustees on the board of ‘BRIDGES’ (charity No 1029169) – Chairman Richard Dyson, Sue Oldfield and Barbara Abel - a local ecumenical Pop-in Centre & Community Cafe in Edenbridge High Street, operaJng with reduced hours due to post-covid volunteer staffing challenges. 

_**Community**_ **:** We conJnue to contribute financially to the employment of the ecumenical Youth Worker – Anthony Shipwright through the Eden ChrisJan Trust - registered Charity No.1001961, 

4 



chaired by Tim Hill. ECT’s work with the young members of the congregaJon greatly enhances the engagement of young people in the Church communiJes and in the development of their faith. 

_**St. Paulinus Hall:**_ The St Paulinus Church Centre at Marlpit Hill, which is let to several community groups and a local pre-school, is managed by a sub-commi]ee of the PCC. Its income is used for maintenance and electrical work. 

_**Maintenance:**_ The annual tasks of servicing the boilers, CCTV, glass doors, lightning conductor, fire exJnguishers and Portable Appliance tesJng have been carried out recently. A leak in the roof above the Vicars’ Vestry lobby was invesJgated and found to be due to the gnawing of squirrels on the lead on the roof causing holes which permi]ed rainwater to permeate through the apc and ceiling. This was repaired and the bill picked up by the Friends of Edenbridge Church to whom we are most grateful. 

## _**Finance Review:**_ 

_**Going Concern Status:**_ We have sufficient non-restricted funds to ensure that there is no risk in the next Financial Year in terms of our liabiliJes and therefore we will remain a going concern. Our Financial Statements have therefore been prepared on this basis. The Trustees will conJnue to monitor this status annually. 

_**Non-restricted Funds:**_ The Non-restricted Funds surplus decreased by £16,543 in 2022 (Unrestricted by £2,373 and Designated by £14,170). This is due to significant losses in Investments’ valuaJon. 

_**Unrestricted Fund**_ **:** The Unrestricted Fund was £31,383 on 31[st] December 2022 with deficit of £2,373 (Budgeted deficit of £4,000). A budget deficit of £9,500 is forecast for 2023. To maintain this the PCC agreed to pledge £65,000 as our Parish Offer which is again significantly less than the Diocesan ‘calculated offer request’ of £74,664. The PCC understands the seriousness of this situaJon and will conJnue to review during 2023. 

_**Income:**_ The Unrestricted Fund income shows an increase of £962 to £101,656 in 2022. 

_**Expenditure:**_ The General Fund expenditure shows an increase of £2,470 to £105,486 in 2022 - an increase of only 2.4% in a difficult year. 

_**Investments** :_ The total Investment valuaJon (All Funds) decreased by £20,127 to £215,154 (8.5%). 

_**Risk Management:**_ The PCC manages risk by adherence to a clear set of financial controls which are reviewed annually to respond to any changed circumstances. There were no incidents during 2022 which put the PCC at financial risk. 

_**Reserves Policy:**_ It is PCC policy to maintain a balance in the Unrestricted Fund that equates to at least three months Unrestricted Fund payments. In 2022 this was equivalent to £26,372. Reserves are held to cover emergency situaJons and to aid cash flow. At the end of 2022 this target was exceeded, and the reserve stood at £31,383. Reserves are also held on Designated Funds as follows: 

- St Paulinus Fund £21,029 

- Capital Projects £168,626 

Signed by …………………………………………………………………………………….     Date ……………………………………… 

The Reverend Dr Stephen A J Mitchell SSC Chairman of Edenbridge Parish Church Parochial Church Council 

5 



Ss Peter & Paul's Church, Edenbridge **Registered Charity No. 1133858** 

## **Financial Statements of the Parochial Church Council** 

for the year ended 31st December 2022 

## **Incumbent:** 

The Rev'd Dr. Stephen Mitchell SSC The Vicarage Mill Hill Edenbridge Kent TN8 5DA 

**Bank:** HSBC Plc 38 London Road East Grinstead West Sussex RH19 1AB 

## **Independent Examiner:** 

Joanna Tawse FCA Northview The Street Plaxtol TN15 0QJ 



## **EDENBRIDGE PAROCHIAL CHURCH COUNCIL** 

**INDEX TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2022** 

|Independent Examiner's Report<br>Statement of Financial Activities<br>Balance Sheet<br>Notes to the Accounts|Page|
|---|---|
||1<br>2<br>3<br>4 - 13|





## **INDEPENDENT EXAMINER'S REPORT TO EDENBRIDGE PAROCHIAL CHURCH COUNCIL** 

I report on the accounts of the Parochial Church Council for the year ended 31[st] December 2022 which are set out on pages 2 to 13. 

## **Respective responsibilities of the PCC and the Examiner** 

As members of the Parochial Church Council you are responsible for the preparation of the Accounts. You consider that the audit requirements of section 144(2) of the Charities Act 2011 do not apply and that an independent examination is needed. 

It is my responsibility to 

- Examine the accounts under section 145 of the 2011 Act; 

- Follow the procedures laid down in the general directions given by the Charity Commissioners section 

- 145 (5) (b) of the 2011 Act; and 

- State whether particular matters have come to my attention 

## **Basis of Independent Examiner's Report** 

My examination was carried out in accordance with the General Directions given by the Charity Commission. 

That examination includes a review of the accounting records kept by the Parochial Church Council and a comparison of the accounts with those records. It also includes considering any unusual items or disclosures in the accounts 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 no opinion is given as to whether the accounts present a 'true and fair view' and the report is limited to those matters set out in the statements below. 

## **Independent Examiner's Statement** 

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

1. which give me reasonable cause to believe that in any material respect the requirementsto keep accounting records in accordance with section 130 of the 2011 Act; and to prepare accounts which accord with these accounting records and comply with the accounting requirements of the 2011 Act have not been met; or 

2. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. 

Signature .................................................................... Date 

................................................ 

1 



**PAROCHIAL CHURCH COUNCIL OF ST PETER & ST PAUL EDENBRIDGE** 

## **STATEMENT OF FINANCIAL ACTIVITIES FOR  THE  YEAR  ENDED  31  DECEMBER  2022** 

|||||||**TOTAL**|TOTAL|
|---|---|---|---|---|---|---|---|
|||Unrestricted|Designated|Restricted|Endowment|**FUNDS**|FUNDS|
||**Notes**|Funds|Funds|Funds|Funds|**2022**|2021|
|||£|£|£|£|**£**|£|
|**Income and Endowments**||||||||
|_Voluntary income_|**2a**|77,921|1,530|26,779|-|**106,231**|149,122|
|_Activities for generating funds_|**2b**|10,475|10,507|5,018|-|**25,999**|25,126|
|_Income from investments_|**2c**|8,372|170|978|-|**9,520**|8,553|
|_Church activities_|**2d**|4,889|-|-|-|**4,889**|5,292|
|**Total income**||101,656|12,207|32,776|-|**146,639**|188,094|
|**Expenditure**||||||||
|_Raising funds_|**3a**|922|9,179|2,260|-|**12,361**|8,443|
|_Church  activities_|**3b**|104,564|2,299|31,255|-|**138,118**|177,559|
|**Total expenditure**||105,486|11,478|33,515|-|**150,479**|186,002|
|||||||||
|**Net Income/(Expenditure) before**<br>**investment gains/(losses)**||(3,830)|729|(739)|-|**(3,840)**|13,203|
|||||||||
|Net gains/losses on investments|**6**|(736)|(14,898)|(4,388)|(105)|**(20,127)**|28,543|
|||||||||
|**Net Income/(Expenditure)**||(4,565)|(14,169)|(5,127)|(105)|**(23,967)**|30,635|
|Net transfers between funds - transfers in||2,192|-|-|-|**2,192**|2,414|
|Net transfers between funds - transfers out||-|-|(2,192)|-|**(2,192)**|(2,414)|
|Gains/(losses) on revaluation of tangible<br>fixed assets|**5**|-|-|-|-|-|-|
|**Net movement in funds**||(2,373)|(14,169)|(7,319)|(105)|**(23,967)**|30,635|
|Total funds brought forward||33,756|663,812|64,815|890|**763,273**|732,638|
|**Total funds carried forward**|**10**|31,383|649,642|57,496|785|**739,306**|763,273|



## _**There are minor discrepancies in totals throughout due to rounding.**_ 

2 



## **PAROCHIAL CHURCH COUNCIL OF ST PETER & ST PAUL EDENBRIDGE** 

## **BALANCE SHEET AT 31 DECEMBER 2022** 

|Notes<br>**Fixed assets**<br>Tangible fixed assets<br>5<br>Investments<br>6<br>**Total fixed assets**<br>**Current assets**<br>Debtors and Prepayments<br>7<br>Cash at bank and in hand<br>9<br>Creditors: amounts falling due within one year<br>8<br>**Net current assets**<br>**NET ASSETS**<br>**Funds**<br>**Endowment funds**<br>10<br>**Restricted funds**<br>10<br>**Designated Funds**<br>10<br>**Unrestricted funds**<br>10|**2022**<br>£<br>**403,190**<br>**215,153**<br>**618,344**<br>**3,848**<br>**127,139**<br>**130,988**<br>**(10,025)**<br>**120,963**<br>**739,306**<br>**785**<br>**57,496**<br>**649,642**<br>**31,383**<br>**739,306**|2021<br>£<br>404,768<br>235,280|
|---|---|---|
|||640,048<br>16,272<br>109,297|
|||125,568<br>(2,343)|
|||123,225|
|||763,273|
|||890<br>64,815<br>663,812<br>33,756|
|||763,273|



Approved by the Parochial Church Council on 20th March 2023 and signed on its behalf 

The Rev'd Dr Stephen Mitchell Chairman 

The accompanying notes form a part of these financial statements. 

3 



**PAROCHIAL CHURCH COUNCIL OF ST PETER & ST PAUL EDENBRIDGE** 

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

## **1 Accounting policies** 

## **a Basis of preparation** 

The PCC is a public benefit entity within the meaning of FRS102. The financial statements have been prepared under the Charities Act 2011 and in accordance with the Church Accounting Regulations 2006 governing the individual accounts of PCCs, and with the Regulations' "true and fair view" provisions. They have been prepared under FRS102 (2016) as the applicable accounting standards and the 2016 version of the Statement of Recommended Practice, Accounting and Reporting by Charities (SORP(FRS102)). 

The financial statements have been prepared on the basis that the PCC is a going concern for the foreseeable future. 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 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. 

_Endowment funds_ - funds, the capital of which must be maintained; only income arising from the investment of the endowment may be used, either as restricted or unrestricted funds, depending on the purpose set out in the terms of the original endowment. 

## **c Income and Endowments** 

All income and endowments are accounted for gross. 

## _**Voluntary income**_ 

- ➢ _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. 

## _**Income from investments**_ 

Dividends are accounted for when due and payable.  Interest entitlements are accounted for as they accrue. 

## _**All other income**_ 

All other income is recognised when it is receivable. 

## _**Gains and losses on investments**_ 

Realised gains are recognised when the investments are sold. Unrealised gains and losses are accounted for on revaluation on 31 December. 

4 



**PAROCHIAL CHURCH COUNCIL OF ST PETER & ST PAUL EDENBRIDGE** 

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

## **1 Accounting policies (continued)** 

## **d Expenditure** 

Expenditure is accounted for gross. 

## _**Grants**_ 

Grants and donations are accounted for when paid over, or when awarded where the award creates a constructive 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 benefice property **.** In so far as consecrated and benefice property of any kind is excluded from the statutory definition of 'charity' by Section 10(2) (a) and (c) of the Charities Act 2011, such assets are not capitalised in the financial statements. 

Movable church furnishings held by the Vicar and Churchwardens on special trust for the PCC and which require a faculty for disposal, are accounted as inalienable property unless consecrated.  They are listed in the church's inventory which can be inspected. For inalienable property acquired prior to 1 January 2006 there is insufficient cost information available and therefore such assets are not valued in the accounts. Individual items acquired since 1 January 2006 have been capitalised in the accounts and depreciated over their useful economic life (see below). 

Tangible fixed assets for use by the PCC. These are capitalised if they can be used for more than one year, and cost at least £1,000. 

Depreciation is calculated to write off the capital cost of fixed assets less their currently anticipated residual fair value over their estimated useful lives as follows: 

CCTV & sound system 5 years Staging equipment 10 years 

No depreciation is provided on freehold buildings as the currently estimated residual value of the property is not less than its carrying value and the remaining useful life of this asset currently exceeds 50 years, so that any depreciation charges would be immaterial. 

An impairment review is carried out at each year-end and any resultant loss is included in expenditure for the year. 

## _**Investments**_ 

Investments are stated at market value at the balance sheet date. 

## **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 uncollectable. 

5 



**PAROCHIAL CHURCH COUNCIL OF ST PETER & ST PAUL EDENBRIDGE** 

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

## **2 Income and Endowments** 

|**a**<br>_Voluntary income_<br>Planned giving - gift aid<br>Income tax recoverable on planned giving<br>Other planned giving<br>Collections<br>Donations and appeals<br>Income tax recoverable on donations and appeals *<br>Grants<br>Legacies<br>**b**<br>_Activities for generating funds_<br>St Paulinus lettings to non church organisations<br>Bookstall sales and Parish Magazine<br>Wedding flowers<br>Church lettings<br>Fetes, bazaars and other fund-raising events<br>**c**<br>_Income from investments_<br>Rental of investment property<br>Dividends and interest<br>**d**<br>_Church Activities_<br>Bookstall sales to promote objectives<br>Social events<br>Fees from weddings etc<br>**Total income**|**TOTAL**<br>TOTAL<br>General<br>Designated<br>Restricted<br>Endowment<br>**FUNDS**<br>FUNDS<br>Fund<br>Funds<br>Funds<br>Funds<br>**2022**<br>2021<br>£<br>£<br>£<br>£<br>**£**<br>£<br>42,377<br>-<br>-<br>-<br>**42,377**<br>45,071<br>10,594<br>-<br>-<br>-<br>**10,594**<br>11,260<br>16,199<br>-<br>-<br>-<br>**16,199**<br>15,077<br>3,373<br>301<br>-<br>-<br>**3,675**<br>2,148<br>2,561<br>1,077<br>1,328<br>-<br>**4,966**<br>56,348<br>1,822<br>153<br>161<br>-<br>**2,135**<br>1,734<br>626<br>-<br>25,291<br>-<br>**25,917**<br>17,484<br>367<br>-<br>-<br>-<br>**367**<br>-|
|---|---|
||77,921<br>1,530<br>26,779<br>-<br>**106,231**<br>149,122|
||-<br>10,507<br>-<br>-<br>**10,507**<br>9,846<br>69<br>-<br>-<br>-<br>**69**<br>32<br>-<br>-<br>730<br>-<br>**730**<br>395<br>127<br>-<br>-<br>-<br>**127**<br>-<br>10,278<br>-<br>4,288<br>-<br>**14,566**<br>14,853|
||10,475<br>10,507<br>5,018<br>-<br>**25,999**<br>25,126|
||350<br>-<br>-<br>-<br>**350**<br>350<br>8,022<br>170<br>978<br>-<br>**9,170**<br>8,203|
||8,372<br>170<br>978<br>-<br>**9,520**<br>8,553|
||56<br>-<br>-<br>-<br>**56**<br>252<br>341<br>-<br>-<br>-<br>**341**<br>96<br>4,492<br>-<br>-<br>-<br>**4,492**<br>4,944|
||4,889<br>-<br>-<br>-<br>**4,889**<br>5,292|
|||
||**101,656**<br>**12,207**<br>**32,776**<br>**-**<br>**146,639**<br>188,094|



_*** includes GASDS (gift aid small donations scheme) recovery**_ 

6 



**PAROCHIAL CHURCH COUNCIL OF ST PETER & ST PAUL EDENBRIDGE** 

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

|**3**<br>**a**<br>**b**|**Expenditure**<br>_Raising funds_<br>Stewardship costs<br>Costs relating to St Paulinus lettings<br>Fund raising events<br>_Church Activities_<br>i. Missionary and charitable giving (Note 11):<br>Giving to missionary socities<br>Giving to relief and development agencies<br>Home Mission<br>Giving to secular charities<br>ECT<br>ii. Ministry costs:<br>Diocesan Contribution<br>Working expenses<br>Vicarage expenses<br>Lay Staff<br>iii.  Church running expenses:<br>Electricity<br>Gas<br>Water & drainage<br>Telephone<br>Insurance<br>Cleaning<br>Maintenance<br>Major works, installations & decorations<br>iv. Upkeep of services:<br>Sacristy etc<br>Organ (inc piano)<br>Organist /Choir Director fees & visiting organists<br>Choir & music<br>Flowers<br>v. Bank charges<br>vi. Social event costs<br>vii. Training, Mission & Education costs<br>viii. Administrator salary and on costs<br>ix. Administration + Church Office costs<br>x. Depreciation<br>**Total Expenditure**|**TOTAL**<br>TOTAL<br>General<br>Designated<br>Restricted<br>Endowment<br>**FUNDS**<br>FUNDS<br>Fund<br>Funds<br>Funds<br>Funds<br>**2022**<br>2021<br>£<br>£<br>£<br>£<br>**£**<br>£<br>24<br>2<br>-<br>-<br>**26**<br>112<br>-<br>9,178<br>-<br>-<br>**9,178**<br>4,905<br>899<br>-<br>2,260<br>-<br>**3,158**<br>3,425|
|---|---|---|
|||922<br>9,179<br>2,260<br>-<br>**12,361**<br>8,443|
|||500<br>-<br>220<br>-<br>**720**<br>703<br>900<br>-<br>166<br>-<br>**1,066**<br>-<br>1,600<br>-<br>-<br>-<br>**1,600**<br>1,156<br>250<br>-<br>309<br>-<br>**559**<br>250<br>4,992<br>-<br>-<br>-<br>**4,992**<br>4,992<br>55,500<br>-<br>3,000<br>-<br>**58,500**<br>54,500<br>-<br>-<br>-<br>-<br>**-**<br>-<br>4,015<br>-<br>-<br>-<br>**4,015**<br>3,890<br>240<br>-<br>-<br>-<br>**240**<br>72<br>440<br>137<br>-<br>-<br>**578**<br>1,847<br>1,523<br>119<br>-<br>-<br>**1,642**<br>1,750<br>184<br>33<br>-<br>-<br>**218**<br>294<br>572<br>-<br>-<br>-<br>**572**<br>570<br>5,561<br>78<br>-<br>-<br>**5,639**<br>5,460<br>125<br>70<br>-<br>-<br>**195**<br>402<br>3,255<br>126<br>3,250<br>-<br>**6,631**<br>8,425<br>605<br>434<br>22,465<br>-<br>**23,504**<br>67,305<br>1,811<br>-<br>16<br>-<br>**1,827**<br>1,728<br>1,361<br>-<br>-<br>-<br>**1,361**<br>1,320<br>6,475<br>-<br>-<br>-<br>**6,475**<br>4,495<br>741<br>-<br>-<br>-<br>**741**<br>486<br>-<br>-<br>1,696<br>-<br>**1,696**<br>1,488<br>213<br>-<br>-<br>-<br>**213**<br>1<br>246<br>-<br>-<br>-<br>**246**<br>288<br>633<br>-<br>135<br>-<br>**768**<br>970<br>10,855<br>-<br>-<br>-<br>**10,855**<br>10,080<br>1,664<br>25<br>-<br>-<br>**1,689**<br>2,772<br>301<br>1,276<br>-<br>-<br>**1,578**<br>2,316|
|||104,564<br>2,299<br>31,255<br>-<br>**138,118**<br>177,559|
||||
|||105,486<br>11,478<br>33,515<br>-<br>**150,479**<br>186,002|



7 



**PAROCHIAL CHURCH COUNCIL OF ST PETER & ST PAUL EDENBRIDGE** 

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

## **4 Staff costs** 

||||**2022**|2021|
|---|---|---|---|---|
|**a**|_Wages and salaries_||**£**|£|
||Parish Secretary|Salary|**10,272**|9,607|



During the year the Parochial Church Council employed a part time Parish Secretary 

## **b** _Payments to Related Parties_ 

The following PCC members and connected persons received payment as follows:  SH Carpentry & Building (business owned by stepson of PCC member) received £3850.00 for two building work/maintenace jobs during the year which were undertook in the course of their  business. There were no other payments made to any PCC member, persons connected to them or related parties. There were no claims for expenses from PCC members made during the year. 

|**5**|**Tangible fixed assets**<br>**Cost or valuation**<br>At 1 January 2022<br>Additions<br>Disposals<br>Revaluation<br>At 31 December 2022<br>**Depreciation**<br>see note 1e<br>At 1 January 2022<br>Provided in the year<br>Disposals<br>At 31 December 2022<br>**Net book amounts**<br>**At 31 December 2022**<br>At 31 December 2021|**_Freehold land_**<br>**_Staging_**<br>**_Sound_**<br>**_CCTV_**<br>**TOTAL**<br>**_and buildings_**<br>**_System_**<br>**_System_**<br>£<br>£<br>£<br>£<br>£<br>400,000<br>3,015<br>2,571<br>3,810<br>**409,396**<br>-<br>-<br>-<br>-<br>**-**<br>-<br>-<br>-<br>-<br>**-**<br>-<br>-<br>-<br>-<br>**-**|
|---|---|---|
||||
|||400,000<br>3,015<br>2,571<br>3,810<br>**409,396**|
|||-<br>1,809<br>2,057<br>762<br>**4,628**<br>-<br>301<br>514<br>762<br>**1,578**<br>-<br>-<br>-<br>-<br>**-**|
|||-<br>2,110<br>2,571<br>1,524<br>**6,205**|
||||
|||**400,000**<br>**904**<br>**-**<br>**2,286**<br>**403,190**|
||||
|||400,000<br>1,206<br>514<br>3,048<br>404,768|



The freehold land and buildings comprise St Paulinus Church Centre and land in Hillcrest Road.  In 2011 the PCC  reassessed the rationale behind depreciating the St Paulinus Centre, which had been carried out for some time. It was agreed that as it was a building of character and kept in good repair it therefore had a long useable life. In addition the accumulated depreciation to date is not material to the financial statements and the residual value of the land was significantly higher than the value of the building. 

The whole site was valued in 2016 and a revaluation gain of £100,000 has been recognised in the Statement of Financial Activities for the year ended 31 December 2016. The next revaluation was scheduled to take place in  2021 but difficulties with contacting estate agents and arranging the necessary site visits has resulted in the revaluation being postponed again to 2023. 

8 



**PAROCHIAL CHURCH COUNCIL OF ST PETER & ST PAUL EDENBRIDGE** 

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

|**6**|**Investments**<br>At 1 January 2022<br>Disposals at carrying value<br>Purchases at cost<br>Brought in as gift<br>Net gains and revaluation<br>**At 31 December 2022**||**Unrestricted**<br>**Designated**<br>**Funds**<br>**Funds**<br>**£**<br>**£**<br>15,114<br>181,998<br>-<br>-<br>-<br>-<br>-<br>-<br>(736)<br>(14,898)|**Restricted**<br>**Endowment**<br>**Total**<br>**Funds**<br>**Funds**<br>**£**<br>**£**<br>**£**<br>37,278<br>890<br>**235,280**<br>-<br>-<br>**-**<br>-<br>-<br>**-**<br>-<br>-<br>**-**<br>(4,388)<br>(105)<br>**(20,127)**|**Restricted**<br>**Endowment**<br>**Total**<br>**Funds**<br>**Funds**<br>**£**<br>**£**<br>**£**<br>37,278<br>890<br>**235,280**<br>-<br>-<br>**-**<br>-<br>-<br>**-**<br>-<br>-<br>**-**<br>(4,388)<br>(105)<br>**(20,127)**|
|---|---|---|---|---|---|
|||||||
||||**14,378**<br>**167,100**|**32,890**<br>**785**<br>**215,153**||
|||||||
||The following investments are held by the PCC|||||
||M&G Charifund<br>CBF Investment Funds - Vicar &<br>Churchwarden<br>CBF Investment Funds - Vicar &<br>Churchwarden<br>FP CAF UK Equity Fund B Income<br>Holding Fund<br>Capital Projects Designated,<br>income mandated to General<br>Vicar and Churchwarden<br>Restricted<br>General, Unrestricted<br>Capital Projects, Designated,<br>income mandated to General|||Cost or brought in<br>value<br>Units<br> £<br>45,000<br>6,762<br>99,369<br>15,970<br>1,592<br>32,890<br>8,599<br>857<br>17,710<br>8,113<br>8,970<br>14,378<br>**164,347**||
||||||**164,347**|
||Cost or brought in value<br>Units<br>£<br>CBF Investment Fund - Chancel<br>(purpose: chancel repairs )<br>26<br>38<br>785<br>CBF Investment Fund - Parsonage<br>(general purposes)<br>10,010<br>2,421<br>50,021<br>**50,806**<br>Holding Fund<br>Endowment, income mandated<br>to CRF Designated<br>Capital Projects Designated,<br>income mandated to General<br>The following investments belong to the PCC but are held by the diocese in trust and relate to endowments or permanent trusts where the<br>income is mandated to the Parochial Church Council for the purposes listed.|||||
||||||**50,806**|
||**Total Investments**|||||
||||||**215,153**|



|**6**|**Investments**<br>At 1 January 2022<br>Disposals at carrying value<br>Purchases at cost<br>Brought in as gift<br>Net gains and revaluation<br>**At 31 December 2022**||**Unrestricted**<br>**Designated**<br>**Funds**<br>**Funds**<br>**£**<br>**£**<br>15,114<br>181,998<br>-<br>-<br>-<br>-<br>-<br>-<br>(736)<br>(14,898)|**Restricted**<br>**Endowment**<br>**Total**<br>**Funds**<br>**Funds**<br>**£**<br>**£**<br>**£**<br>37,278<br>890<br>**235,280**<br>-<br>-<br>**-**<br>-<br>-<br>**-**<br>-<br>-<br>**-**<br>(4,388)<br>(105)<br>**(20,127)**|**Restricted**<br>**Endowment**<br>**Total**<br>**Funds**<br>**Funds**<br>**£**<br>**£**<br>**£**<br>37,278<br>890<br>**235,280**<br>-<br>-<br>**-**<br>-<br>-<br>**-**<br>-<br>-<br>**-**<br>(4,388)<br>(105)<br>**(20,127)**|
|---|---|---|---|---|---|
|||||||
||||**14,378**<br>**167,100**|**32,890**<br>**785**<br>**215,153**||
|||||||
||The following investments are held by the PCC|||||
||M&G Charifund<br>CBF Investment Funds - Vicar &<br>Churchwarden<br>CBF Investment Funds - Vicar &<br>Churchwarden<br>FP CAF UK Equity Fund B Income<br>Holding Fund<br>Capital Projects Designated,<br>income mandated to General<br>Vicar and Churchwarden<br>Restricted<br>General, Unrestricted<br>Capital Projects, Designated,<br>income mandated to General|||Cost or brought in<br>value<br>Units<br> £<br>45,000<br>6,762<br>99,369<br>15,970<br>1,592<br>32,890<br>8,599<br>857<br>17,710<br>8,113<br>8,970<br>14,378<br>**164,347**||
||||||**164,347**|
||Cost or brought in value<br>Units<br>£<br>CBF Investment Fund - Chancel<br>(purpose: chancel repairs )<br>26<br>38<br>785<br>CBF Investment Fund - Parsonage<br>(general purposes)<br>10,010<br>2,421<br>50,021<br>**50,806**<br>Holding Fund<br>Endowment, income mandated<br>to CRF Designated<br>Capital Projects Designated,<br>income mandated to General<br>The following investments belong to the PCC but are held by the diocese in trust and relate to endowments or permanent trusts where the<br>income is mandated to the Parochial Church Council for the purposes listed.|||||
||||||**50,806**|
||**Total Investments**|||||
||||||**215,153**|



9 



**PAROCHIAL CHURCH COUNCIL OF ST PETER & ST PAUL EDENBRIDGE** 

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

## **7 Debtors & Prepayments** 

|**Debtors & Prepayments**||
|---|---|
|Income tax recoverable<br>Prepayments<br>Other debtors|**2022**<br>2021<br>**£**<br>£<br>**2,062**<br>1,169<br>**848**<br>3,679<br>**939**<br>11,423|
||**3,848**<br>16,272|



## **8 Creditors** 

|**Creditors**||
|---|---|
|Accruals for utilities and other costs<br>Deferred income<br>Other creditors|**2022**<br>2021<br>**£**<br>£<br>**2,105**<br>646<br>**6,036**<br>-<br>**1,883**<br>1,698|
||**10,025**<br>2,343|



## **9 Analysis of Net assets by fund** 

|**Analysis of Net assets by fund**||
|---|---|
|<br>Fixed assets for church use<br>Investment fixed assets<br>Cash at bank and in hand<br>Debtors & prepayments<br>Current liabilities|General<br>unrestricted<br>Designated<br>unrestricted<br>Restricted<br>Endowment<br>**Total Funds**<br>Total Funds<br>Funds<br>Funds<br>Funds<br>Funds<br>**2022**<br>2021<br>£<br>£<br>£<br>**£**<br>£<br>904<br>402,286<br>-<br>-<br>**403,190**<br>404,768<br>14,378<br>167,100<br>32,890<br>785<br>**215,153**<br>235,280<br>15,097<br>80,999<br>31,043<br>-<br>**127,139**<br>109,297<br>2,811<br>-<br>1,038<br>-<br>**3,848**<br>16,272<br>(1,807)<br>(743)<br>(7,474)<br>-<br>(10,025)<br>(2,343)|
||**31,383**<br>**649,642**<br>**57,496**<br>**785**<br>**739,306**<br>763,273|



10 



**PAROCHIAL CHURCH COUNCIL OF ST PETER & ST PAUL EDENBRIDGE** 

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

## **10 Statement of funds** 

||At||||Other|**At**|
|---|---|---|---|---|---|---|
||1 Jan 2022|Income|Expenditure|Transfers|gains/(losses) **31 Dec 2022**||
||£|£|£|£|£|**£**|
|**Unrestricted Funds -**|**undesignated**||||||
|General|33,756|101,656|(105,486)|2,192|(736)|**31,383**|
||**33,756**|**101,656**|**(105,486)**|**2,192**|**(736)**|**31,383**|
|**Unrestricted Funds -**|**designated**||||||
|Bland|-|1,530|(2)|-|-|**1,528**|
|Casey|18,270|-|(762)|-|-|**17,508**|
|Capital Projects|583,807|20|0|-|(14,898)|**568,929**|
|Church Repair|25,745|150|0|-|-|**25,895**|
|Clock|3|-|(3)|-|-|**-**|
|Meadows Legacy|14,316|-|(514)|-|-|**13,801**|
|Projector|952|-|0|-|-|**952**|
|St Paulinus|20,719|10,507|(10,197)|-|-|**21,029**|
||**663,812**|**12,207**|**(11,478)**|**-**|**(14,898)**|**649,642**|
|**Restricted Funds**|||||||
|Bells|-|20|0|-|-|**20**|
|Charitable Appeals|-|694|(694)|-|-|**-**|
|Chaplaincy|-|3,000|(3,000)|-|-|**-**|
|Choir|-|328|(198)|-|-|**130**|
|Club|3,188|3,960|(2,062)|(2,192)|-|**2,894**|
|Flower|754|1,505|(1,716)|-|-|**543**|
|Friends|16,607|22,291|(22,715)|-|-|**16,183**|
|Porch|3,000|-|(3,000)|-|-|**-**|
|Projector|17|-|(16)|-|-|**1**|
|Vicar & Churchwarden|<br>40,349|978|(115)|-|(4,388)|**36,824**|
|Vicar's Discretionary|901|-|-|-|-|**901**|
||**64,815**|**32,776**|**(33,515)**|**(2,192)**|**(4,388)**|**57,496**|
|**Endowment Funds**|||||||
|Chancel repair|890|-|-|-|(105)|**785**|
||**890**|**-**|-|-|**(105)**|**785**|
||||||||
|**Total funds**|**763,273**|**146,639**|**(150,479)**|**-**|**(20,127)**|**739,306**|



## **The designated funds comprise:** 

_**The Casey Fund.**_ This fund, resulting from a substantial donation, was established to track the expenditure attached to it by the PCC. 

_**The Capital Projects Fund**_ . This Fund comprises the land and buildings in Hillcrest Road and the remainder of the investments resulting from the sale of Church House investments. Some time ago the PCC designated this Fund for Capital Projects and major repairs. 

_**The Church Repair Fund.**_ is a deposit account held with the Rochester Diocesan Board of Finance and has been designated by the PCC for the repair of the church building.  The PCC may decide to add to this Fund in anticipation of future repairs when any money becomes available. 

_**The Clock Fund.**_ This Fund was established to handle money set aside by the PCC towards the future repair of the tower clock. This fund is now closed. 

_**Meadows Legacy Fund**_ **.** This Fund was established to hold monies and left as an unrestricted legacy until such time as the PCC decides how to expend the monies. 

_**The Projector Fund.**_ Was established to handle a single unrestricted donation, designated by the PCC for expenditure on the projector and other all age worship expenses 

_**The St Paulinus Fund.**_ This Fund holds monies received and expended on the running of the St Paulinus Church Centre. At the end of the financial year the PCC may agree to remove the designation on part of the reserve of this fund to the General Fund as Hall 'profit'. 

## **The endowment funds comprise:** 

_**Chancel Repair Fund.**_ The income from this Endowment is mandated to the Church Repair Fund. 

_**.**_ 

11 



**PAROCHIAL CHURCH COUNCIL OF ST PETER & ST PAUL EDENBRIDGE** 

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

## **10 Statement of funds (continued)** 

## **The restricted funds comprise:** 

**Bells, Choir, Projector & Porch Funds.** These Funds were established to handle income restricted towards specific expenditure. 

_**Charitable Appeals Fund**_ The monies held in this Fund arise from special appeals held from time to time for current local, national and international requests for aid. 

_**Chaplaincy Fund**_ This fund was established to handle the restricted annual grant from The Edenbridge Hospital League of Friends and subsequent expenditure. 

_**Club Fund**_ This Fund was established to handle subcriptions to the 100 club and payment of winnings. Half of the annual income is payable to the General Fund in October each year. 

_**Flower Fund**_ The monies held in this Fund comprise sundry donations, monies raised by fund-raising and fees for wedding flowers. All expenditure is on flowers and floristry requisites for weddings, occasional flower festivals and upkeep of regular services. 

_**Friends Fund**_ This Fund was established to handle the grants awarded by the Friends of  Edenbridge Parish Church, towards repairs and maintenance works, and the associated expenditure. 

_**Vicar & Churchwarden Fund**_ This Fund was set up in 2011 to receive the monies and investments granted to the PCC by the Vicar and Churchwardens on the winding up of the Vicar & Churchwardens Trust. 

_**Vicar's Discretionary Fund**_ The monies held in this Fund may be expended by the Vicar at his discretion to the needy of the parish, without reference to the PCC. 

## **11 Missionary and charitable giving** 

See note 3bi 

||**£**|Notes|
|---|---|---|
|**Name of charity**|||
|BRIDGES|1,000||
|Church Mission Society|500||
|Eden Christian Trust|4,992||
|Friends of Edenbridge & Westerham CAB|250||
|Friends of Kent Churches|100||
|Friends of Sick Children Malawi|225||
|Poverty & Hope 2021|220||
|Royal British Legion|84||
|St Barnabus College|500||
|Ukraine Appeal|900||
|Unicef Yemen Appeal|166||
||**8,936**||
|**_The following amount was collected but not paid out in 2022_**|||
|Friends of Sick Children Malawi|1|held in agency account|
|Black Box collection|146|held in agency account|
|Rebuild Moldova|273|held in agency account|
|Ukraine  Appeal|10|held in agency account|
||**429**||
|Additional Charitable Giving not entered through accounts (collections banked directly with receiving charity)|||
|Poverty & Hope 2022|540||
|Children's Society Christingle|420||
||**960**||



12 



**PAROCHIAL CHURCH COUNCIL OF ST PETER & ST PAUL EDENBRIDGE** 

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

## **12 Prior period comparative SOFA restated following transition to FRS 102** 

## **STATEMENT OF FINANCIAL ACTIVITIES  FOR  THE  YEAR  ENDED  31  DECEMBER  2021** 

|**TOTAL**<br>TOTAL<br>Unrestricted<br>Restricted<br>Endowment<br>**FUNDS**<br>FUNDS<br>**Notes** Funds<br>Funds<br>Funds<br>**2021**<br>**2020**<br>£<br>£<br>£<br>**£**<br>£<br>**Income and Endowments**<br>_Voluntary income_<br>**2a**<br>139,836<br>9,286<br>-<br>**149,122**<br>336,447<br>_Activities for generating funds_<br>**2b**<br>20,546<br>4,580<br>-<br>**25,126**<br>22,257<br>_Income from investments_<br>**2c**<br>7,607<br>946<br>-<br>**8,553**<br>8,100<br>_Church activities_<br>**2d**<br>5,292<br>-<br>-<br>**5,292**<br>1,943<br>**Total income**<br>173,282<br>14,812<br>-<br>**188,094**<br>368,747<br>**Expenditure**<br>_Raising funds_<br>**3a**<br>6,532<br>1,911<br>-<br>**8,443**<br>15,829<br>_Church  activities_<br>**3b**<br>142,475<br>35,085<br>-<br>**177,559**<br>339,716<br>**Total expenditure**<br>149,007<br>36,995<br>-<br>**186,002**<br>355,545<br>24,275<br>(22,183)<br>-<br>**2,092**<br>13,203<br>Net gains/losses on investments<br>**6**<br>23,766<br>4,665<br>111<br>**28,542**<br>(13,906)<br>**Net Income/(Expenditure)**<br>48,041<br>(17,518)<br>111<br>**30,635**<br>(704)<br>Net Transfers between funds - transfers in<br>4,331<br>137<br>-<br>**4,468**<br>2,414<br>Net Transfers between funds - transfers out<br>(2,402)<br>(2,067)<br>-<br>**(4,468)**<br>(2,414)<br>Gains/(losses) on revaluation of tangible fixed assets<br>**5**<br>-<br>-<br>-<br>**-**<br>-<br>**Net movement in funds**<br>49,970<br>(19,447)<br>111<br>**30,635**<br>(704)<br>Total funds brought forward<br>647,597<br>84,262<br>778<br>732,638<br>733,342<br>**Total funds carried forward**<br>**10**<br>697,568<br>64,815<br>890<br>763,273<br>732,638<br>**Net Income/(Expenditure) before investment**<br>**gains/(losses)**|**TOTAL**<br>TOTAL<br>Unrestricted<br>Restricted<br>Endowment<br>**FUNDS**<br>FUNDS<br>**Notes** Funds<br>Funds<br>Funds<br>**2021**<br>**2020**<br>£<br>£<br>£<br>**£**<br>£<br>**Income and Endowments**<br>_Voluntary income_<br>**2a**<br>139,836<br>9,286<br>-<br>**149,122**<br>336,447<br>_Activities for generating funds_<br>**2b**<br>20,546<br>4,580<br>-<br>**25,126**<br>22,257<br>_Income from investments_<br>**2c**<br>7,607<br>946<br>-<br>**8,553**<br>8,100<br>_Church activities_<br>**2d**<br>5,292<br>-<br>-<br>**5,292**<br>1,943<br>**Total income**<br>173,282<br>14,812<br>-<br>**188,094**<br>368,747<br>**Expenditure**<br>_Raising funds_<br>**3a**<br>6,532<br>1,911<br>-<br>**8,443**<br>15,829<br>_Church  activities_<br>**3b**<br>142,475<br>35,085<br>-<br>**177,559**<br>339,716<br>**Total expenditure**<br>149,007<br>36,995<br>-<br>**186,002**<br>355,545<br>24,275<br>(22,183)<br>-<br>**2,092**<br>13,203<br>Net gains/losses on investments<br>**6**<br>23,766<br>4,665<br>111<br>**28,542**<br>(13,906)<br>**Net Income/(Expenditure)**<br>48,041<br>(17,518)<br>111<br>**30,635**<br>(704)<br>Net Transfers between funds - transfers in<br>4,331<br>137<br>-<br>**4,468**<br>2,414<br>Net Transfers between funds - transfers out<br>(2,402)<br>(2,067)<br>-<br>**(4,468)**<br>(2,414)<br>Gains/(losses) on revaluation of tangible fixed assets<br>**5**<br>-<br>-<br>-<br>**-**<br>-<br>**Net movement in funds**<br>49,970<br>(19,447)<br>111<br>**30,635**<br>(704)<br>Total funds brought forward<br>647,597<br>84,262<br>778<br>732,638<br>733,342<br>**Total funds carried forward**<br>**10**<br>697,568<br>64,815<br>890<br>763,273<br>732,638<br>**Net Income/(Expenditure) before investment**<br>**gains/(losses)**|**TOTAL**<br>TOTAL<br>Unrestricted<br>Restricted<br>Endowment<br>**FUNDS**<br>FUNDS<br>**Notes** Funds<br>Funds<br>Funds<br>**2021**<br>**2020**<br>£<br>£<br>£<br>**£**<br>£<br>**Income and Endowments**<br>_Voluntary income_<br>**2a**<br>139,836<br>9,286<br>-<br>**149,122**<br>336,447<br>_Activities for generating funds_<br>**2b**<br>20,546<br>4,580<br>-<br>**25,126**<br>22,257<br>_Income from investments_<br>**2c**<br>7,607<br>946<br>-<br>**8,553**<br>8,100<br>_Church activities_<br>**2d**<br>5,292<br>-<br>-<br>**5,292**<br>1,943<br>**Total income**<br>173,282<br>14,812<br>-<br>**188,094**<br>368,747<br>**Expenditure**<br>_Raising funds_<br>**3a**<br>6,532<br>1,911<br>-<br>**8,443**<br>15,829<br>_Church  activities_<br>**3b**<br>142,475<br>35,085<br>-<br>**177,559**<br>339,716<br>**Total expenditure**<br>149,007<br>36,995<br>-<br>**186,002**<br>355,545<br>24,275<br>(22,183)<br>-<br>**2,092**<br>13,203<br>Net gains/losses on investments<br>**6**<br>23,766<br>4,665<br>111<br>**28,542**<br>(13,906)<br>**Net Income/(Expenditure)**<br>48,041<br>(17,518)<br>111<br>**30,635**<br>(704)<br>Net Transfers between funds - transfers in<br>4,331<br>137<br>-<br>**4,468**<br>2,414<br>Net Transfers between funds - transfers out<br>(2,402)<br>(2,067)<br>-<br>**(4,468)**<br>(2,414)<br>Gains/(losses) on revaluation of tangible fixed assets<br>**5**<br>-<br>-<br>-<br>**-**<br>-<br>**Net movement in funds**<br>49,970<br>(19,447)<br>111<br>**30,635**<br>(704)<br>Total funds brought forward<br>647,597<br>84,262<br>778<br>732,638<br>733,342<br>**Total funds carried forward**<br>**10**<br>697,568<br>64,815<br>890<br>763,273<br>732,638<br>**Net Income/(Expenditure) before investment**<br>**gains/(losses)**|**TOTAL**<br>TOTAL<br>Unrestricted<br>Restricted<br>Endowment<br>**FUNDS**<br>FUNDS<br>**Notes** Funds<br>Funds<br>Funds<br>**2021**<br>**2020**<br>£<br>£<br>£<br>**£**<br>£<br>**Income and Endowments**<br>_Voluntary income_<br>**2a**<br>139,836<br>9,286<br>-<br>**149,122**<br>336,447<br>_Activities for generating funds_<br>**2b**<br>20,546<br>4,580<br>-<br>**25,126**<br>22,257<br>_Income from investments_<br>**2c**<br>7,607<br>946<br>-<br>**8,553**<br>8,100<br>_Church activities_<br>**2d**<br>5,292<br>-<br>-<br>**5,292**<br>1,943<br>**Total income**<br>173,282<br>14,812<br>-<br>**188,094**<br>368,747<br>**Expenditure**<br>_Raising funds_<br>**3a**<br>6,532<br>1,911<br>-<br>**8,443**<br>15,829<br>_Church  activities_<br>**3b**<br>142,475<br>35,085<br>-<br>**177,559**<br>339,716<br>**Total expenditure**<br>149,007<br>36,995<br>-<br>**186,002**<br>355,545<br>24,275<br>(22,183)<br>-<br>**2,092**<br>13,203<br>Net gains/losses on investments<br>**6**<br>23,766<br>4,665<br>111<br>**28,542**<br>(13,906)<br>**Net Income/(Expenditure)**<br>48,041<br>(17,518)<br>111<br>**30,635**<br>(704)<br>Net Transfers between funds - transfers in<br>4,331<br>137<br>-<br>**4,468**<br>2,414<br>Net Transfers between funds - transfers out<br>(2,402)<br>(2,067)<br>-<br>**(4,468)**<br>(2,414)<br>Gains/(losses) on revaluation of tangible fixed assets<br>**5**<br>-<br>-<br>-<br>**-**<br>-<br>**Net movement in funds**<br>49,970<br>(19,447)<br>111<br>**30,635**<br>(704)<br>Total funds brought forward<br>647,597<br>84,262<br>778<br>732,638<br>733,342<br>**Total funds carried forward**<br>**10**<br>697,568<br>64,815<br>890<br>763,273<br>732,638<br>**Net Income/(Expenditure) before investment**<br>**gains/(losses)**|
|---|---|---|---|
||173,282<br>14,812<br>-|**188,094**|368,747|
||6,532<br>1,911<br>-<br>142,475<br>35,085<br>-|**8,443**<br>**177,559**|15,829<br>339,716|
||149,007<br>36,995<br>-|**186,002**|355,545|
|||||
||24,275<br>(22,183)<br>-|**2,092**|13,203|
|||||
||23,766<br>4,665<br>111|**28,542**|(13,906)|
|||||
||48,041<br>(17,518)<br>111<br>4,331<br>137<br>-<br>(2,402)<br>(2,067)<br>-<br>-<br>-<br>-|**30,635**<br>**4,468**<br>**(4,468)**<br>**-**|(704)<br>2,414<br>(2,414)<br>-|
||49,970<br>(19,447)<br>111|**30,635**|(704)|
||647,597<br>84,262<br>778|732,638|733,342|
||697,568<br>64,815<br>890|763,273|732,638|



## _**There are minor discrepancies in totals throughout due to rounding.**_ 

13 



Ss Peter & Paul's Church, Edenbridge **Registered Charity No. 1133858** 

## **Financial Statements of the Parochial Church Council** 

for the year ended 31st December 2022 

## **Incumbent:** 

The Rev'd Dr. Stephen Mitchell SSC The Vicarage Mill Hill Edenbridge Kent TN8 5DA 

**Bank:** HSBC Plc 38 London Road East Grinstead West Sussex RH19 1AB 

## **Independent Examiner:** 

Joanna Tawse FCA Northview The Street Plaxtol TN15 0QJ 



## **EDENBRIDGE PAROCHIAL CHURCH COUNCIL** 

**INDEX TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2022** 

|Independent Examiner's Report<br>Statement of Financial Activities<br>Balance Sheet<br>Notes to the Accounts|Page|
|---|---|
||1<br>2<br>3<br>4 - 13|





## **INDEPENDENT EXAMINER'S REPORT TO EDENBRIDGE PAROCHIAL CHURCH COUNCIL** 

I report on the accounts of the Parochial Church Council for the year ended 31[st] December 2022 which are set out on pages 2 to 13. 

## **Respective responsibilities of the PCC and the Examiner** 

As members of the Parochial Church Council you are responsible for the preparation of the Accounts. You consider that the audit requirements of section 144(2) of the Charities Act 2011 do not apply and that an independent examination is needed. 

It is my responsibility to 

- Examine the accounts under section 145 of the 2011 Act; 

- Follow the procedures laid down in the general directions given by the Charity Commissioners section 

- 145 (5) (b) of the 2011 Act; and 

- State whether particular matters have come to my attention 

## **Basis of Independent Examiner's Report** 

My examination was carried out in accordance with the General Directions given by the Charity Commission. 

That examination includes a review of the accounting records kept by the Parochial Church Council and a comparison of the accounts with those records. It also includes considering any unusual items or disclosures in the accounts 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 no opinion is given as to whether the accounts present a 'true and fair view' and the report is limited to those matters set out in the statements below. 

## **Independent Examiner's Statement** 

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

1. which give me reasonable cause to believe that in any material respect the requirementsto keep accounting records in accordance with section 130 of the 2011 Act; and to prepare accounts which accord with these accounting records and comply with the accounting requirements of the 2011 Act have not been met; or 

2. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. 

Signature .................................................................... Date 

................................................ 

1 



**PAROCHIAL CHURCH COUNCIL OF ST PETER & ST PAUL EDENBRIDGE** 

## **STATEMENT OF FINANCIAL ACTIVITIES FOR  THE  YEAR  ENDED  31  DECEMBER  2022** 

|||||||**TOTAL**|TOTAL|
|---|---|---|---|---|---|---|---|
|||Unrestricted|Designated|Restricted|Endowment|**FUNDS**|FUNDS|
||**Notes**|Funds|Funds|Funds|Funds|**2022**|2021|
|||£|£|£|£|**£**|£|
|**Income and Endowments**||||||||
|_Voluntary income_|**2a**|77,921|1,530|26,779|-|**106,231**|149,122|
|_Activities for generating funds_|**2b**|10,475|10,507|5,018|-|**25,999**|25,126|
|_Income from investments_|**2c**|8,372|170|978|-|**9,520**|8,553|
|_Church activities_|**2d**|4,889|-|-|-|**4,889**|5,292|
|**Total income**||101,656|12,207|32,776|-|**146,639**|188,094|
|**Expenditure**||||||||
|_Raising funds_|**3a**|922|9,179|2,260|-|**12,361**|8,443|
|_Church  activities_|**3b**|104,564|2,299|31,255|-|**138,118**|177,559|
|**Total expenditure**||105,486|11,478|33,515|-|**150,479**|186,002|
|||||||||
|**Net Income/(Expenditure) before**<br>**investment gains/(losses)**||(3,830)|729|(739)|-|**(3,840)**|13,203|
|||||||||
|Net gains/losses on investments|**6**|(736)|(14,898)|(4,388)|(105)|**(20,127)**|28,543|
|||||||||
|**Net Income/(Expenditure)**||(4,565)|(14,169)|(5,127)|(105)|**(23,967)**|30,635|
|Net transfers between funds - transfers in||2,192|-|-|-|**2,192**|2,414|
|Net transfers between funds - transfers out||-|-|(2,192)|-|**(2,192)**|(2,414)|
|Gains/(losses) on revaluation of tangible<br>fixed assets|**5**|-|-|-|-|-|-|
|**Net movement in funds**||(2,373)|(14,169)|(7,319)|(105)|**(23,967)**|30,635|
|Total funds brought forward||33,756|663,812|64,815|890|**763,273**|732,638|
|**Total funds carried forward**|**10**|31,383|649,642|57,496|785|**739,306**|763,273|



## _**There are minor discrepancies in totals throughout due to rounding.**_ 

2 



## **PAROCHIAL CHURCH COUNCIL OF ST PETER & ST PAUL EDENBRIDGE** 

## **BALANCE SHEET AT 31 DECEMBER 2022** 

|Notes<br>**Fixed assets**<br>Tangible fixed assets<br>5<br>Investments<br>6<br>**Total fixed assets**<br>**Current assets**<br>Debtors and Prepayments<br>7<br>Cash at bank and in hand<br>9<br>Creditors: amounts falling due within one year<br>8<br>**Net current assets**<br>**NET ASSETS**<br>**Funds**<br>**Endowment funds**<br>10<br>**Restricted funds**<br>10<br>**Designated Funds**<br>10<br>**Unrestricted funds**<br>10|**2022**<br>£<br>**403,190**<br>**215,153**<br>**618,344**<br>**3,848**<br>**127,139**<br>**130,988**<br>**(10,025)**<br>**120,963**<br>**739,306**<br>**785**<br>**57,496**<br>**649,642**<br>**31,383**<br>**739,306**|2021<br>£<br>404,768<br>235,280|
|---|---|---|
|||640,048<br>16,272<br>109,297|
|||125,568<br>(2,343)|
|||123,225|
|||763,273|
|||890<br>64,815<br>663,812<br>33,756|
|||763,273|



Approved by the Parochial Church Council on 20th March 2023 and signed on its behalf 

The Rev'd Dr Stephen Mitchell Chairman 

The accompanying notes form a part of these financial statements. 

3 



**PAROCHIAL CHURCH COUNCIL OF ST PETER & ST PAUL EDENBRIDGE** 

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

## **1 Accounting policies** 

## **a Basis of preparation** 

The PCC is a public benefit entity within the meaning of FRS102. The financial statements have been prepared under the Charities Act 2011 and in accordance with the Church Accounting Regulations 2006 governing the individual accounts of PCCs, and with the Regulations' "true and fair view" provisions. They have been prepared under FRS102 (2016) as the applicable accounting standards and the 2016 version of the Statement of Recommended Practice, Accounting and Reporting by Charities (SORP(FRS102)). 

The financial statements have been prepared on the basis that the PCC is a going concern for the foreseeable future. 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 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. 

_Endowment funds_ - funds, the capital of which must be maintained; only income arising from the investment of the endowment may be used, either as restricted or unrestricted funds, depending on the purpose set out in the terms of the original endowment. 

## **c Income and Endowments** 

All income and endowments are accounted for gross. 

## _**Voluntary income**_ 

- ➢ _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. 

## _**Income from investments**_ 

Dividends are accounted for when due and payable.  Interest entitlements are accounted for as they accrue. 

## _**All other income**_ 

All other income is recognised when it is receivable. 

## _**Gains and losses on investments**_ 

Realised gains are recognised when the investments are sold. Unrealised gains and losses are accounted for on revaluation on 31 December. 

4 



**PAROCHIAL CHURCH COUNCIL OF ST PETER & ST PAUL EDENBRIDGE** 

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

## **1 Accounting policies (continued)** 

## **d Expenditure** 

Expenditure is accounted for gross. 

## _**Grants**_ 

Grants and donations are accounted for when paid over, or when awarded where the award creates a constructive 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 benefice property **.** In so far as consecrated and benefice property of any kind is excluded from the statutory definition of 'charity' by Section 10(2) (a) and (c) of the Charities Act 2011, such assets are not capitalised in the financial statements. 

Movable church furnishings held by the Vicar and Churchwardens on special trust for the PCC and which require a faculty for disposal, are accounted as inalienable property unless consecrated.  They are listed in the church's inventory which can be inspected. For inalienable property acquired prior to 1 January 2006 there is insufficient cost information available and therefore such assets are not valued in the accounts. Individual items acquired since 1 January 2006 have been capitalised in the accounts and depreciated over their useful economic life (see below). 

Tangible fixed assets for use by the PCC. These are capitalised if they can be used for more than one year, and cost at least £1,000. 

Depreciation is calculated to write off the capital cost of fixed assets less their currently anticipated residual fair value over their estimated useful lives as follows: 

CCTV & sound system 5 years Staging equipment 10 years 

No depreciation is provided on freehold buildings as the currently estimated residual value of the property is not less than its carrying value and the remaining useful life of this asset currently exceeds 50 years, so that any depreciation charges would be immaterial. 

An impairment review is carried out at each year-end and any resultant loss is included in expenditure for the year. 

## _**Investments**_ 

Investments are stated at market value at the balance sheet date. 

## **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 uncollectable. 

5 



**PAROCHIAL CHURCH COUNCIL OF ST PETER & ST PAUL EDENBRIDGE** 

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

## **2 Income and Endowments** 

|**a**<br>_Voluntary income_<br>Planned giving - gift aid<br>Income tax recoverable on planned giving<br>Other planned giving<br>Collections<br>Donations and appeals<br>Income tax recoverable on donations and appeals *<br>Grants<br>Legacies<br>**b**<br>_Activities for generating funds_<br>St Paulinus lettings to non church organisations<br>Bookstall sales and Parish Magazine<br>Wedding flowers<br>Church lettings<br>Fetes, bazaars and other fund-raising events<br>**c**<br>_Income from investments_<br>Rental of investment property<br>Dividends and interest<br>**d**<br>_Church Activities_<br>Bookstall sales to promote objectives<br>Social events<br>Fees from weddings etc<br>**Total income**|**TOTAL**<br>TOTAL<br>General<br>Designated<br>Restricted<br>Endowment<br>**FUNDS**<br>FUNDS<br>Fund<br>Funds<br>Funds<br>Funds<br>**2022**<br>2021<br>£<br>£<br>£<br>£<br>**£**<br>£<br>42,377<br>-<br>-<br>-<br>**42,377**<br>45,071<br>10,594<br>-<br>-<br>-<br>**10,594**<br>11,260<br>16,199<br>-<br>-<br>-<br>**16,199**<br>15,077<br>3,373<br>301<br>-<br>-<br>**3,675**<br>2,148<br>2,561<br>1,077<br>1,328<br>-<br>**4,966**<br>56,348<br>1,822<br>153<br>161<br>-<br>**2,135**<br>1,734<br>626<br>-<br>25,291<br>-<br>**25,917**<br>17,484<br>367<br>-<br>-<br>-<br>**367**<br>-|
|---|---|
||77,921<br>1,530<br>26,779<br>-<br>**106,231**<br>149,122|
||-<br>10,507<br>-<br>-<br>**10,507**<br>9,846<br>69<br>-<br>-<br>-<br>**69**<br>32<br>-<br>-<br>730<br>-<br>**730**<br>395<br>127<br>-<br>-<br>-<br>**127**<br>-<br>10,278<br>-<br>4,288<br>-<br>**14,566**<br>14,853|
||10,475<br>10,507<br>5,018<br>-<br>**25,999**<br>25,126|
||350<br>-<br>-<br>-<br>**350**<br>350<br>8,022<br>170<br>978<br>-<br>**9,170**<br>8,203|
||8,372<br>170<br>978<br>-<br>**9,520**<br>8,553|
||56<br>-<br>-<br>-<br>**56**<br>252<br>341<br>-<br>-<br>-<br>**341**<br>96<br>4,492<br>-<br>-<br>-<br>**4,492**<br>4,944|
||4,889<br>-<br>-<br>-<br>**4,889**<br>5,292|
|||
||**101,656**<br>**12,207**<br>**32,776**<br>**-**<br>**146,639**<br>188,094|



_*** includes GASDS (gift aid small donations scheme) recovery**_ 

6 



**PAROCHIAL CHURCH COUNCIL OF ST PETER & ST PAUL EDENBRIDGE** 

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

|**3**<br>**a**<br>**b**|**Expenditure**<br>_Raising funds_<br>Stewardship costs<br>Costs relating to St Paulinus lettings<br>Fund raising events<br>_Church Activities_<br>i. Missionary and charitable giving (Note 11):<br>Giving to missionary socities<br>Giving to relief and development agencies<br>Home Mission<br>Giving to secular charities<br>ECT<br>ii. Ministry costs:<br>Diocesan Contribution<br>Working expenses<br>Vicarage expenses<br>Lay Staff<br>iii.  Church running expenses:<br>Electricity<br>Gas<br>Water & drainage<br>Telephone<br>Insurance<br>Cleaning<br>Maintenance<br>Major works, installations & decorations<br>iv. Upkeep of services:<br>Sacristy etc<br>Organ (inc piano)<br>Organist /Choir Director fees & visiting organists<br>Choir & music<br>Flowers<br>v. Bank charges<br>vi. Social event costs<br>vii. Training, Mission & Education costs<br>viii. Administrator salary and on costs<br>ix. Administration + Church Office costs<br>x. Depreciation<br>**Total Expenditure**|**TOTAL**<br>TOTAL<br>General<br>Designated<br>Restricted<br>Endowment<br>**FUNDS**<br>FUNDS<br>Fund<br>Funds<br>Funds<br>Funds<br>**2022**<br>2021<br>£<br>£<br>£<br>£<br>**£**<br>£<br>24<br>2<br>-<br>-<br>**26**<br>112<br>-<br>9,178<br>-<br>-<br>**9,178**<br>4,905<br>899<br>-<br>2,260<br>-<br>**3,158**<br>3,425|
|---|---|---|
|||922<br>9,179<br>2,260<br>-<br>**12,361**<br>8,443|
|||500<br>-<br>220<br>-<br>**720**<br>703<br>900<br>-<br>166<br>-<br>**1,066**<br>-<br>1,600<br>-<br>-<br>-<br>**1,600**<br>1,156<br>250<br>-<br>309<br>-<br>**559**<br>250<br>4,992<br>-<br>-<br>-<br>**4,992**<br>4,992<br>55,500<br>-<br>3,000<br>-<br>**58,500**<br>54,500<br>-<br>-<br>-<br>-<br>**-**<br>-<br>4,015<br>-<br>-<br>-<br>**4,015**<br>3,890<br>240<br>-<br>-<br>-<br>**240**<br>72<br>440<br>137<br>-<br>-<br>**578**<br>1,847<br>1,523<br>119<br>-<br>-<br>**1,642**<br>1,750<br>184<br>33<br>-<br>-<br>**218**<br>294<br>572<br>-<br>-<br>-<br>**572**<br>570<br>5,561<br>78<br>-<br>-<br>**5,639**<br>5,460<br>125<br>70<br>-<br>-<br>**195**<br>402<br>3,255<br>126<br>3,250<br>-<br>**6,631**<br>8,425<br>605<br>434<br>22,465<br>-<br>**23,504**<br>67,305<br>1,811<br>-<br>16<br>-<br>**1,827**<br>1,728<br>1,361<br>-<br>-<br>-<br>**1,361**<br>1,320<br>6,475<br>-<br>-<br>-<br>**6,475**<br>4,495<br>741<br>-<br>-<br>-<br>**741**<br>486<br>-<br>-<br>1,696<br>-<br>**1,696**<br>1,488<br>213<br>-<br>-<br>-<br>**213**<br>1<br>246<br>-<br>-<br>-<br>**246**<br>288<br>633<br>-<br>135<br>-<br>**768**<br>970<br>10,855<br>-<br>-<br>-<br>**10,855**<br>10,080<br>1,664<br>25<br>-<br>-<br>**1,689**<br>2,772<br>301<br>1,276<br>-<br>-<br>**1,578**<br>2,316|
|||104,564<br>2,299<br>31,255<br>-<br>**138,118**<br>177,559|
||||
|||105,486<br>11,478<br>33,515<br>-<br>**150,479**<br>186,002|



7 



**PAROCHIAL CHURCH COUNCIL OF ST PETER & ST PAUL EDENBRIDGE** 

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

## **4 Staff costs** 

||||**2022**|2021|
|---|---|---|---|---|
|**a**|_Wages and salaries_||**£**|£|
||Parish Secretary|Salary|**10,272**|9,607|



During the year the Parochial Church Council employed a part time Parish Secretary 

## **b** _Payments to Related Parties_ 

The following PCC members and connected persons received payment as follows:  SH Carpentry & Building (business owned by stepson of PCC member) received £3850.00 for two building work/maintenace jobs during the year which were undertook in the course of their  business. There were no other payments made to any PCC member, persons connected to them or related parties. There were no claims for expenses from PCC members made during the year. 

|**5**|**Tangible fixed assets**<br>**Cost or valuation**<br>At 1 January 2022<br>Additions<br>Disposals<br>Revaluation<br>At 31 December 2022<br>**Depreciation**<br>see note 1e<br>At 1 January 2022<br>Provided in the year<br>Disposals<br>At 31 December 2022<br>**Net book amounts**<br>**At 31 December 2022**<br>At 31 December 2021|**_Freehold land_**<br>**_Staging_**<br>**_Sound_**<br>**_CCTV_**<br>**TOTAL**<br>**_and buildings_**<br>**_System_**<br>**_System_**<br>£<br>£<br>£<br>£<br>£<br>400,000<br>3,015<br>2,571<br>3,810<br>**409,396**<br>-<br>-<br>-<br>-<br>**-**<br>-<br>-<br>-<br>-<br>**-**<br>-<br>-<br>-<br>-<br>**-**|
|---|---|---|
||||
|||400,000<br>3,015<br>2,571<br>3,810<br>**409,396**|
|||-<br>1,809<br>2,057<br>762<br>**4,628**<br>-<br>301<br>514<br>762<br>**1,578**<br>-<br>-<br>-<br>-<br>**-**|
|||-<br>2,110<br>2,571<br>1,524<br>**6,205**|
||||
|||**400,000**<br>**904**<br>**-**<br>**2,286**<br>**403,190**|
||||
|||400,000<br>1,206<br>514<br>3,048<br>404,768|



The freehold land and buildings comprise St Paulinus Church Centre and land in Hillcrest Road.  In 2011 the PCC  reassessed the rationale behind depreciating the St Paulinus Centre, which had been carried out for some time. It was agreed that as it was a building of character and kept in good repair it therefore had a long useable life. In addition the accumulated depreciation to date is not material to the financial statements and the residual value of the land was significantly higher than the value of the building. 

The whole site was valued in 2016 and a revaluation gain of £100,000 has been recognised in the Statement of Financial Activities for the year ended 31 December 2016. The next revaluation was scheduled to take place in  2021 but difficulties with contacting estate agents and arranging the necessary site visits has resulted in the revaluation being postponed again to 2023. 

8 



**PAROCHIAL CHURCH COUNCIL OF ST PETER & ST PAUL EDENBRIDGE** 

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

|**6**|**Investments**<br>At 1 January 2022<br>Disposals at carrying value<br>Purchases at cost<br>Brought in as gift<br>Net gains and revaluation<br>**At 31 December 2022**||**Unrestricted**<br>**Designated**<br>**Funds**<br>**Funds**<br>**£**<br>**£**<br>15,114<br>181,998<br>-<br>-<br>-<br>-<br>-<br>-<br>(736)<br>(14,898)|**Restricted**<br>**Endowment**<br>**Total**<br>**Funds**<br>**Funds**<br>**£**<br>**£**<br>**£**<br>37,278<br>890<br>**235,280**<br>-<br>-<br>**-**<br>-<br>-<br>**-**<br>-<br>-<br>**-**<br>(4,388)<br>(105)<br>**(20,127)**|**Restricted**<br>**Endowment**<br>**Total**<br>**Funds**<br>**Funds**<br>**£**<br>**£**<br>**£**<br>37,278<br>890<br>**235,280**<br>-<br>-<br>**-**<br>-<br>-<br>**-**<br>-<br>-<br>**-**<br>(4,388)<br>(105)<br>**(20,127)**|
|---|---|---|---|---|---|
|||||||
||||**14,378**<br>**167,100**|**32,890**<br>**785**<br>**215,153**||
|||||||
||The following investments are held by the PCC|||||
||M&G Charifund<br>CBF Investment Funds - Vicar &<br>Churchwarden<br>CBF Investment Funds - Vicar &<br>Churchwarden<br>FP CAF UK Equity Fund B Income<br>Holding Fund<br>Capital Projects Designated,<br>income mandated to General<br>Vicar and Churchwarden<br>Restricted<br>General, Unrestricted<br>Capital Projects, Designated,<br>income mandated to General|||Cost or brought in<br>value<br>Units<br> £<br>45,000<br>6,762<br>99,369<br>15,970<br>1,592<br>32,890<br>8,599<br>857<br>17,710<br>8,113<br>8,970<br>14,378<br>**164,347**||
||||||**164,347**|
||Cost or brought in value<br>Units<br>£<br>CBF Investment Fund - Chancel<br>(purpose: chancel repairs )<br>26<br>38<br>785<br>CBF Investment Fund - Parsonage<br>(general purposes)<br>10,010<br>2,421<br>50,021<br>**50,806**<br>Holding Fund<br>Endowment, income mandated<br>to CRF Designated<br>Capital Projects Designated,<br>income mandated to General<br>The following investments belong to the PCC but are held by the diocese in trust and relate to endowments or permanent trusts where the<br>income is mandated to the Parochial Church Council for the purposes listed.|||||
||||||**50,806**|
||**Total Investments**|||||
||||||**215,153**|



|**6**|**Investments**<br>At 1 January 2022<br>Disposals at carrying value<br>Purchases at cost<br>Brought in as gift<br>Net gains and revaluation<br>**At 31 December 2022**||**Unrestricted**<br>**Designated**<br>**Funds**<br>**Funds**<br>**£**<br>**£**<br>15,114<br>181,998<br>-<br>-<br>-<br>-<br>-<br>-<br>(736)<br>(14,898)|**Restricted**<br>**Endowment**<br>**Total**<br>**Funds**<br>**Funds**<br>**£**<br>**£**<br>**£**<br>37,278<br>890<br>**235,280**<br>-<br>-<br>**-**<br>-<br>-<br>**-**<br>-<br>-<br>**-**<br>(4,388)<br>(105)<br>**(20,127)**|**Restricted**<br>**Endowment**<br>**Total**<br>**Funds**<br>**Funds**<br>**£**<br>**£**<br>**£**<br>37,278<br>890<br>**235,280**<br>-<br>-<br>**-**<br>-<br>-<br>**-**<br>-<br>-<br>**-**<br>(4,388)<br>(105)<br>**(20,127)**|
|---|---|---|---|---|---|
|||||||
||||**14,378**<br>**167,100**|**32,890**<br>**785**<br>**215,153**||
|||||||
||The following investments are held by the PCC|||||
||M&G Charifund<br>CBF Investment Funds - Vicar &<br>Churchwarden<br>CBF Investment Funds - Vicar &<br>Churchwarden<br>FP CAF UK Equity Fund B Income<br>Holding Fund<br>Capital Projects Designated,<br>income mandated to General<br>Vicar and Churchwarden<br>Restricted<br>General, Unrestricted<br>Capital Projects, Designated,<br>income mandated to General|||Cost or brought in<br>value<br>Units<br> £<br>45,000<br>6,762<br>99,369<br>15,970<br>1,592<br>32,890<br>8,599<br>857<br>17,710<br>8,113<br>8,970<br>14,378<br>**164,347**||
||||||**164,347**|
||Cost or brought in value<br>Units<br>£<br>CBF Investment Fund - Chancel<br>(purpose: chancel repairs )<br>26<br>38<br>785<br>CBF Investment Fund - Parsonage<br>(general purposes)<br>10,010<br>2,421<br>50,021<br>**50,806**<br>Holding Fund<br>Endowment, income mandated<br>to CRF Designated<br>Capital Projects Designated,<br>income mandated to General<br>The following investments belong to the PCC but are held by the diocese in trust and relate to endowments or permanent trusts where the<br>income is mandated to the Parochial Church Council for the purposes listed.|||||
||||||**50,806**|
||**Total Investments**|||||
||||||**215,153**|



9 



**PAROCHIAL CHURCH COUNCIL OF ST PETER & ST PAUL EDENBRIDGE** 

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

## **7 Debtors & Prepayments** 

|**Debtors & Prepayments**||
|---|---|
|Income tax recoverable<br>Prepayments<br>Other debtors|**2022**<br>2021<br>**£**<br>£<br>**2,062**<br>1,169<br>**848**<br>3,679<br>**939**<br>11,423|
||**3,848**<br>16,272|



## **8 Creditors** 

|**Creditors**||
|---|---|
|Accruals for utilities and other costs<br>Deferred income<br>Other creditors|**2022**<br>2021<br>**£**<br>£<br>**2,105**<br>646<br>**6,036**<br>-<br>**1,883**<br>1,698|
||**10,025**<br>2,343|



## **9 Analysis of Net assets by fund** 

|**Analysis of Net assets by fund**||
|---|---|
|<br>Fixed assets for church use<br>Investment fixed assets<br>Cash at bank and in hand<br>Debtors & prepayments<br>Current liabilities|General<br>unrestricted<br>Designated<br>unrestricted<br>Restricted<br>Endowment<br>**Total Funds**<br>Total Funds<br>Funds<br>Funds<br>Funds<br>Funds<br>**2022**<br>2021<br>£<br>£<br>£<br>**£**<br>£<br>904<br>402,286<br>-<br>-<br>**403,190**<br>404,768<br>14,378<br>167,100<br>32,890<br>785<br>**215,153**<br>235,280<br>15,097<br>80,999<br>31,043<br>-<br>**127,139**<br>109,297<br>2,811<br>-<br>1,038<br>-<br>**3,848**<br>16,272<br>(1,807)<br>(743)<br>(7,474)<br>-<br>(10,025)<br>(2,343)|
||**31,383**<br>**649,642**<br>**57,496**<br>**785**<br>**739,306**<br>763,273|



10 



**PAROCHIAL CHURCH COUNCIL OF ST PETER & ST PAUL EDENBRIDGE** 

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

## **10 Statement of funds** 

||At||||Other|**At**|
|---|---|---|---|---|---|---|
||1 Jan 2022|Income|Expenditure|Transfers|gains/(losses) **31 Dec 2022**||
||£|£|£|£|£|**£**|
|**Unrestricted Funds -**|**undesignated**||||||
|General|33,756|101,656|(105,486)|2,192|(736)|**31,383**|
||**33,756**|**101,656**|**(105,486)**|**2,192**|**(736)**|**31,383**|
|**Unrestricted Funds -**|**designated**||||||
|Bland|-|1,530|(2)|-|-|**1,528**|
|Casey|18,270|-|(762)|-|-|**17,508**|
|Capital Projects|583,807|20|0|-|(14,898)|**568,929**|
|Church Repair|25,745|150|0|-|-|**25,895**|
|Clock|3|-|(3)|-|-|**-**|
|Meadows Legacy|14,316|-|(514)|-|-|**13,801**|
|Projector|952|-|0|-|-|**952**|
|St Paulinus|20,719|10,507|(10,197)|-|-|**21,029**|
||**663,812**|**12,207**|**(11,478)**|**-**|**(14,898)**|**649,642**|
|**Restricted Funds**|||||||
|Bells|-|20|0|-|-|**20**|
|Charitable Appeals|-|694|(694)|-|-|**-**|
|Chaplaincy|-|3,000|(3,000)|-|-|**-**|
|Choir|-|328|(198)|-|-|**130**|
|Club|3,188|3,960|(2,062)|(2,192)|-|**2,894**|
|Flower|754|1,505|(1,716)|-|-|**543**|
|Friends|16,607|22,291|(22,715)|-|-|**16,183**|
|Porch|3,000|-|(3,000)|-|-|**-**|
|Projector|17|-|(16)|-|-|**1**|
|Vicar & Churchwarden|<br>40,349|978|(115)|-|(4,388)|**36,824**|
|Vicar's Discretionary|901|-|-|-|-|**901**|
||**64,815**|**32,776**|**(33,515)**|**(2,192)**|**(4,388)**|**57,496**|
|**Endowment Funds**|||||||
|Chancel repair|890|-|-|-|(105)|**785**|
||**890**|**-**|-|-|**(105)**|**785**|
||||||||
|**Total funds**|**763,273**|**146,639**|**(150,479)**|**-**|**(20,127)**|**739,306**|



## **The designated funds comprise:** 

_**The Casey Fund.**_ This fund, resulting from a substantial donation, was established to track the expenditure attached to it by the PCC. 

_**The Capital Projects Fund**_ . This Fund comprises the land and buildings in Hillcrest Road and the remainder of the investments resulting from the sale of Church House investments. Some time ago the PCC designated this Fund for Capital Projects and major repairs. 

_**The Church Repair Fund.**_ is a deposit account held with the Rochester Diocesan Board of Finance and has been designated by the PCC for the repair of the church building.  The PCC may decide to add to this Fund in anticipation of future repairs when any money becomes available. 

_**The Clock Fund.**_ This Fund was established to handle money set aside by the PCC towards the future repair of the tower clock. This fund is now closed. 

_**Meadows Legacy Fund**_ **.** This Fund was established to hold monies and left as an unrestricted legacy until such time as the PCC decides how to expend the monies. 

_**The Projector Fund.**_ Was established to handle a single unrestricted donation, designated by the PCC for expenditure on the projector and other all age worship expenses 

_**The St Paulinus Fund.**_ This Fund holds monies received and expended on the running of the St Paulinus Church Centre. At the end of the financial year the PCC may agree to remove the designation on part of the reserve of this fund to the General Fund as Hall 'profit'. 

## **The endowment funds comprise:** 

_**Chancel Repair Fund.**_ The income from this Endowment is mandated to the Church Repair Fund. 

_**.**_ 

11 



**PAROCHIAL CHURCH COUNCIL OF ST PETER & ST PAUL EDENBRIDGE** 

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

## **10 Statement of funds (continued)** 

## **The restricted funds comprise:** 

**Bells, Choir, Projector & Porch Funds.** These Funds were established to handle income restricted towards specific expenditure. 

_**Charitable Appeals Fund**_ The monies held in this Fund arise from special appeals held from time to time for current local, national and international requests for aid. 

_**Chaplaincy Fund**_ This fund was established to handle the restricted annual grant from The Edenbridge Hospital League of Friends and subsequent expenditure. 

_**Club Fund**_ This Fund was established to handle subcriptions to the 100 club and payment of winnings. Half of the annual income is payable to the General Fund in October each year. 

_**Flower Fund**_ The monies held in this Fund comprise sundry donations, monies raised by fund-raising and fees for wedding flowers. All expenditure is on flowers and floristry requisites for weddings, occasional flower festivals and upkeep of regular services. 

_**Friends Fund**_ This Fund was established to handle the grants awarded by the Friends of  Edenbridge Parish Church, towards repairs and maintenance works, and the associated expenditure. 

_**Vicar & Churchwarden Fund**_ This Fund was set up in 2011 to receive the monies and investments granted to the PCC by the Vicar and Churchwardens on the winding up of the Vicar & Churchwardens Trust. 

_**Vicar's Discretionary Fund**_ The monies held in this Fund may be expended by the Vicar at his discretion to the needy of the parish, without reference to the PCC. 

## **11 Missionary and charitable giving** 

See note 3bi 

||**£**|Notes|
|---|---|---|
|**Name of charity**|||
|BRIDGES|1,000||
|Church Mission Society|500||
|Eden Christian Trust|4,992||
|Friends of Edenbridge & Westerham CAB|250||
|Friends of Kent Churches|100||
|Friends of Sick Children Malawi|225||
|Poverty & Hope 2021|220||
|Royal British Legion|84||
|St Barnabus College|500||
|Ukraine Appeal|900||
|Unicef Yemen Appeal|166||
||**8,936**||
|**_The following amount was collected but not paid out in 2022_**|||
|Friends of Sick Children Malawi|1|held in agency account|
|Black Box collection|146|held in agency account|
|Rebuild Moldova|273|held in agency account|
|Ukraine  Appeal|10|held in agency account|
||**429**||
|Additional Charitable Giving not entered through accounts (collections banked directly with receiving charity)|||
|Poverty & Hope 2022|540||
|Children's Society Christingle|420||
||**960**||



12 



**PAROCHIAL CHURCH COUNCIL OF ST PETER & ST PAUL EDENBRIDGE** 

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

## **12 Prior period comparative SOFA restated following transition to FRS 102** 

## **STATEMENT OF FINANCIAL ACTIVITIES  FOR  THE  YEAR  ENDED  31  DECEMBER  2021** 

|**TOTAL**<br>TOTAL<br>Unrestricted<br>Restricted<br>Endowment<br>**FUNDS**<br>FUNDS<br>**Notes** Funds<br>Funds<br>Funds<br>**2021**<br>**2020**<br>£<br>£<br>£<br>**£**<br>£<br>**Income and Endowments**<br>_Voluntary income_<br>**2a**<br>139,836<br>9,286<br>-<br>**149,122**<br>336,447<br>_Activities for generating funds_<br>**2b**<br>20,546<br>4,580<br>-<br>**25,126**<br>22,257<br>_Income from investments_<br>**2c**<br>7,607<br>946<br>-<br>**8,553**<br>8,100<br>_Church activities_<br>**2d**<br>5,292<br>-<br>-<br>**5,292**<br>1,943<br>**Total income**<br>173,282<br>14,812<br>-<br>**188,094**<br>368,747<br>**Expenditure**<br>_Raising funds_<br>**3a**<br>6,532<br>1,911<br>-<br>**8,443**<br>15,829<br>_Church  activities_<br>**3b**<br>142,475<br>35,085<br>-<br>**177,559**<br>339,716<br>**Total expenditure**<br>149,007<br>36,995<br>-<br>**186,002**<br>355,545<br>24,275<br>(22,183)<br>-<br>**2,092**<br>13,203<br>Net gains/losses on investments<br>**6**<br>23,766<br>4,665<br>111<br>**28,542**<br>(13,906)<br>**Net Income/(Expenditure)**<br>48,041<br>(17,518)<br>111<br>**30,635**<br>(704)<br>Net Transfers between funds - transfers in<br>4,331<br>137<br>-<br>**4,468**<br>2,414<br>Net Transfers between funds - transfers out<br>(2,402)<br>(2,067)<br>-<br>**(4,468)**<br>(2,414)<br>Gains/(losses) on revaluation of tangible fixed assets<br>**5**<br>-<br>-<br>-<br>**-**<br>-<br>**Net movement in funds**<br>49,970<br>(19,447)<br>111<br>**30,635**<br>(704)<br>Total funds brought forward<br>647,597<br>84,262<br>778<br>732,638<br>733,342<br>**Total funds carried forward**<br>**10**<br>697,568<br>64,815<br>890<br>763,273<br>732,638<br>**Net Income/(Expenditure) before investment**<br>**gains/(losses)**|**TOTAL**<br>TOTAL<br>Unrestricted<br>Restricted<br>Endowment<br>**FUNDS**<br>FUNDS<br>**Notes** Funds<br>Funds<br>Funds<br>**2021**<br>**2020**<br>£<br>£<br>£<br>**£**<br>£<br>**Income and Endowments**<br>_Voluntary income_<br>**2a**<br>139,836<br>9,286<br>-<br>**149,122**<br>336,447<br>_Activities for generating funds_<br>**2b**<br>20,546<br>4,580<br>-<br>**25,126**<br>22,257<br>_Income from investments_<br>**2c**<br>7,607<br>946<br>-<br>**8,553**<br>8,100<br>_Church activities_<br>**2d**<br>5,292<br>-<br>-<br>**5,292**<br>1,943<br>**Total income**<br>173,282<br>14,812<br>-<br>**188,094**<br>368,747<br>**Expenditure**<br>_Raising funds_<br>**3a**<br>6,532<br>1,911<br>-<br>**8,443**<br>15,829<br>_Church  activities_<br>**3b**<br>142,475<br>35,085<br>-<br>**177,559**<br>339,716<br>**Total expenditure**<br>149,007<br>36,995<br>-<br>**186,002**<br>355,545<br>24,275<br>(22,183)<br>-<br>**2,092**<br>13,203<br>Net gains/losses on investments<br>**6**<br>23,766<br>4,665<br>111<br>**28,542**<br>(13,906)<br>**Net Income/(Expenditure)**<br>48,041<br>(17,518)<br>111<br>**30,635**<br>(704)<br>Net Transfers between funds - transfers in<br>4,331<br>137<br>-<br>**4,468**<br>2,414<br>Net Transfers between funds - transfers out<br>(2,402)<br>(2,067)<br>-<br>**(4,468)**<br>(2,414)<br>Gains/(losses) on revaluation of tangible fixed assets<br>**5**<br>-<br>-<br>-<br>**-**<br>-<br>**Net movement in funds**<br>49,970<br>(19,447)<br>111<br>**30,635**<br>(704)<br>Total funds brought forward<br>647,597<br>84,262<br>778<br>732,638<br>733,342<br>**Total funds carried forward**<br>**10**<br>697,568<br>64,815<br>890<br>763,273<br>732,638<br>**Net Income/(Expenditure) before investment**<br>**gains/(losses)**|**TOTAL**<br>TOTAL<br>Unrestricted<br>Restricted<br>Endowment<br>**FUNDS**<br>FUNDS<br>**Notes** Funds<br>Funds<br>Funds<br>**2021**<br>**2020**<br>£<br>£<br>£<br>**£**<br>£<br>**Income and Endowments**<br>_Voluntary income_<br>**2a**<br>139,836<br>9,286<br>-<br>**149,122**<br>336,447<br>_Activities for generating funds_<br>**2b**<br>20,546<br>4,580<br>-<br>**25,126**<br>22,257<br>_Income from investments_<br>**2c**<br>7,607<br>946<br>-<br>**8,553**<br>8,100<br>_Church activities_<br>**2d**<br>5,292<br>-<br>-<br>**5,292**<br>1,943<br>**Total income**<br>173,282<br>14,812<br>-<br>**188,094**<br>368,747<br>**Expenditure**<br>_Raising funds_<br>**3a**<br>6,532<br>1,911<br>-<br>**8,443**<br>15,829<br>_Church  activities_<br>**3b**<br>142,475<br>35,085<br>-<br>**177,559**<br>339,716<br>**Total expenditure**<br>149,007<br>36,995<br>-<br>**186,002**<br>355,545<br>24,275<br>(22,183)<br>-<br>**2,092**<br>13,203<br>Net gains/losses on investments<br>**6**<br>23,766<br>4,665<br>111<br>**28,542**<br>(13,906)<br>**Net Income/(Expenditure)**<br>48,041<br>(17,518)<br>111<br>**30,635**<br>(704)<br>Net Transfers between funds - transfers in<br>4,331<br>137<br>-<br>**4,468**<br>2,414<br>Net Transfers between funds - transfers out<br>(2,402)<br>(2,067)<br>-<br>**(4,468)**<br>(2,414)<br>Gains/(losses) on revaluation of tangible fixed assets<br>**5**<br>-<br>-<br>-<br>**-**<br>-<br>**Net movement in funds**<br>49,970<br>(19,447)<br>111<br>**30,635**<br>(704)<br>Total funds brought forward<br>647,597<br>84,262<br>778<br>732,638<br>733,342<br>**Total funds carried forward**<br>**10**<br>697,568<br>64,815<br>890<br>763,273<br>732,638<br>**Net Income/(Expenditure) before investment**<br>**gains/(losses)**|**TOTAL**<br>TOTAL<br>Unrestricted<br>Restricted<br>Endowment<br>**FUNDS**<br>FUNDS<br>**Notes** Funds<br>Funds<br>Funds<br>**2021**<br>**2020**<br>£<br>£<br>£<br>**£**<br>£<br>**Income and Endowments**<br>_Voluntary income_<br>**2a**<br>139,836<br>9,286<br>-<br>**149,122**<br>336,447<br>_Activities for generating funds_<br>**2b**<br>20,546<br>4,580<br>-<br>**25,126**<br>22,257<br>_Income from investments_<br>**2c**<br>7,607<br>946<br>-<br>**8,553**<br>8,100<br>_Church activities_<br>**2d**<br>5,292<br>-<br>-<br>**5,292**<br>1,943<br>**Total income**<br>173,282<br>14,812<br>-<br>**188,094**<br>368,747<br>**Expenditure**<br>_Raising funds_<br>**3a**<br>6,532<br>1,911<br>-<br>**8,443**<br>15,829<br>_Church  activities_<br>**3b**<br>142,475<br>35,085<br>-<br>**177,559**<br>339,716<br>**Total expenditure**<br>149,007<br>36,995<br>-<br>**186,002**<br>355,545<br>24,275<br>(22,183)<br>-<br>**2,092**<br>13,203<br>Net gains/losses on investments<br>**6**<br>23,766<br>4,665<br>111<br>**28,542**<br>(13,906)<br>**Net Income/(Expenditure)**<br>48,041<br>(17,518)<br>111<br>**30,635**<br>(704)<br>Net Transfers between funds - transfers in<br>4,331<br>137<br>-<br>**4,468**<br>2,414<br>Net Transfers between funds - transfers out<br>(2,402)<br>(2,067)<br>-<br>**(4,468)**<br>(2,414)<br>Gains/(losses) on revaluation of tangible fixed assets<br>**5**<br>-<br>-<br>-<br>**-**<br>-<br>**Net movement in funds**<br>49,970<br>(19,447)<br>111<br>**30,635**<br>(704)<br>Total funds brought forward<br>647,597<br>84,262<br>778<br>732,638<br>733,342<br>**Total funds carried forward**<br>**10**<br>697,568<br>64,815<br>890<br>763,273<br>732,638<br>**Net Income/(Expenditure) before investment**<br>**gains/(losses)**|
|---|---|---|---|
||173,282<br>14,812<br>-|**188,094**|368,747|
||6,532<br>1,911<br>-<br>142,475<br>35,085<br>-|**8,443**<br>**177,559**|15,829<br>339,716|
||149,007<br>36,995<br>-|**186,002**|355,545|
|||||
||24,275<br>(22,183)<br>-|**2,092**|13,203|
|||||
||23,766<br>4,665<br>111|**28,542**|(13,906)|
|||||
||48,041<br>(17,518)<br>111<br>4,331<br>137<br>-<br>(2,402)<br>(2,067)<br>-<br>-<br>-<br>-|**30,635**<br>**4,468**<br>**(4,468)**<br>**-**|(704)<br>2,414<br>(2,414)<br>-|
||49,970<br>(19,447)<br>111|**30,635**|(704)|
||647,597<br>84,262<br>778|732,638|733,342|
||697,568<br>64,815<br>890|763,273|732,638|



## _**There are minor discrepancies in totals throughout due to rounding.**_ 

13