THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JOHN THE EVANGELIST, SIDCUP ANNUAL REPORT OF THE PAROCHIAL CHURCH COUNCIL (THE TRUSTEES) FOR THE YEAR ENDED 31 DECEMBER 2024 Aims and Pur oses The Parochial Church Council IPCCI of St. John the Evangelist has the responsibility of co-operating with the incumbent, the Rev'd Cathy Knight-scott, in promoting in the parish the whole mission of the church.. pastoral, evangelistic, social and ecumenical. 'Any other more particular funttions should be seen as ways of carrying out this general function., Ob ectives and Activities The PCC is committed to inviting and enabling as many people as possible to worship at our church and become part of the community of St John's. We aim to truly be 'A Church for Everyone,. We have noted the Charity Commission's guidance on public benefit and, in particular, the specific guidance on charities for the advancement of religion. Principally we try to enable ordinary people to live out their faith as part of our parish community through: Regular provision of accessible and engaging worship, both in-person and online Regular opportunitie5 for individual and corporate prayer, study and fellowship. Pastoral services (baptism, weddings, funerals) and pastoral care for each other and the community. Mission and Outreach work. To facilitate this work, we need to maintain the fabric of the church of St John the Evangelist. This is particularly important with the increasing usage of a beautiful building. Lord Rodger of Earlsfield (2004), SenLOT Law Lord Page I
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JOHN THE EVANGELIST, SIDCUP ANNUAL REPORT OF THE PAROCHIAL CHURCH COUNCIL (THE TRUSTEES) FOR THE YEAR ENDED 31 DECEMBER 2024 Church membershi and Services Electoral Roll: At the time of the APCM in May 2024 there were 113 members on the church elettoral roll, an increase of 8 on the previous year. 11 people were removed and 19 joined. Church Attendance: Although we remain a growing church, it has flattened out in 2024, as can be seen in the graph below. Some of this flattening is explained by reference to the composition of the electoral roll [NB in the years 2020 and 2021, the numbers represented on the graph below include only those Sundays when we were able to gather for worship at 10am {i.e. not during Lockdown)] SJS Average Sunday Attendance 90.00 80.00 70.00 60.00 50.00 40.00 30.00 20.00 10.00 0.00 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Online Services: The live streaming of services, using our new AV system continues to be popular and commands a regular online audience each week, including from Australia I We have also been able to live stream service5 Other than our 10am weekly service to include, for example, Christmas carol services. Average views on Facebook were approx. 200 per week and on YouTube Imore intentional} approx. 80. The system also produces good quality photos which are frequently shared to social media. Page 2
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JOHN THE EVANGELIST, SIDCUP ANNUAL REPORT OF THE PAROCHIAL CHURCH COUNCIL (THE TRUSTEES) FOR THE YEAR ENDED 31 DECEMBER 2024 Seasonal and Special Services: There were lots of 'Special' 5eryices during 2024 which included- Inclusion and diversity Seat at the Table with Bishop Simon Safeguarding Sunday Service and Vigil for Ukraine Black History Month service Farewell service to our Curate Joint benefice services with All Saints We held the Mayoral Civic Carol service again this yearand the Remembrance seNice was verywell attended as always, including an online presence. Our Christmas attendances were increased again on last year with the Christingle service again being very popular- over 250 Christingles distributed. Christmas Total Attendance 1200 iooo 800 600 400 200 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Pastoral Services: 13 Baptisms took place in 2024, the same as in 2023. 4 marriages took place, compared with 2 in 2023. 8 Funerals were conducted in church. There was one burial of cremated remains in the churchyard. Page 3
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JOHN THE EVANGELIST, SIDCUP ANNUAL REPORT OF THE PAROCHIAL CHURCH COUNCIL (THE TRUSTEES) FOR THE YEAR ENDED 31 DECEMBER 2024 Review of the ear Community Outreach: Community outreach continues to be a vital part of St John's. Our projects have grown significantly during the year due to the outstanding leadership of Chris and Liz Tragheim and supported by team of dedicated volunteers. The main areas of focus have been". Place of Welcome a weekly community hub, has become a vital meeting point for many local residents. Through the provision of light refreshments in a very friendly atmosphere it seeks to provide comfort, company, and friendship to anyone that comes through the doors. We have regular drop in sessions with local group5 such as Bexley Age UK, who ran a session on MOTfitness for over 50's providing a basic fitness assessment, National Energy Action who told us about the importance of keeping warm and how to do it, Advisory sessions with the Alzheimerfs Society, a visit from Santa, An Elf Day morning to raise funds for the Alzheimerfs Society. Place of Welcome is proud to be a delivery partner for Acts 435 which raises money for clients of Bexley Women's Aid for household items such as washing machines. Place of Welcome continues to be an outstanding success and regularly receives feedback on how it is transforming the lives of attendees. Sin in for the Brain who were honoured to open the main local Alzheimer's Society Elf Day event at Sidcup Rugby Club by singing three Christmas songs. Members of the group were invited to attend the funeral of one of the members and heard how important the group had been to her since its inception. Ukraine Humanitarian Su ort continues to send deliveries to Ukraine, organized by Tania Zabolotska, to include items donated by local churches and businesses. Santa visited the toy SeiCe in early December and collected gifts of toys which were sent to an orphanage in Ukraine. The En lish lan ua rou Is now being supported by a native Ukrainian, who is qualified in teaching English as an additional language. The Ukraine group were delighted to sing the Ukrainian National Anthem at the Civic Carol Service. A new book of remembrance for Ukraine is now installed in the Memorial Chapel. Christmas donations: Items were collected to be distributed by Bexley Women's Aid to needy families along with Turkey crowns and Toys collected by the Works. Sidcu Frin e Volunteers ran a stall at the Sidcup Fringe advertising our Christmas Services and Community activities. The Community Larder continues to be a much-used resource. We were fortunate to receive a large lottery grant at the beginning of the year which funded the larder for most of the year and was topped up with donations from local supermarkets and groups such as Sidcup Partners, The Alma Pub and the Sarto lounge who give all monies raised from their weekly quiz to the larder. The Sidcup Santa run also raised funds for our larder. Harenc Trust funded the purchase of a freezer, which enables US to boost the food provision by accepting close to date foods from Marks and Spencer's and storing it safely. Several Communit Lunches were run during the year, funded by the lottery grant and were very popular by all who attended. We were twice selected by Bexley council to distribute the Government backed Household Fund this year. All funds were distributed to Bexley residents who met the criteria of the grant. Page 4
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JOHN THE EVANGELIST, SIDCUP ANNUAL REPORT OF THE PAROCHIAL CHURCH COUNCIL (THE TRUSTEES) FOR THE YEAR ENDED 31 DECEMBER 2024 Children's work." Bus bees our toddler land their adult) group continue to run weekly in termtime and the team leading it continue to provide a valued church and community service. Busy Bees benefitted from the Lottery grant and were able to purchase new toys and equipment to enhance their offering. Links With local schools are an important part of our ministry to children and in particular we have hosted services in church for Birkbeck, Merton Court, Benedict House and West Lodge. We have also welcomed small groups from off these schools and from Orchard and from Monkey Puzzle Nursery into church and our vicar is acttve in taking assemblies too. Online/Media.' Our Facebook page continues to be our m05t active presence online- it is updated at least weekly with services, livestreams, news and photos. The reach continues to grow, and we now have over 750 followers- up from 680 in 2023. The St John's WhatsA group remains active on a daily basis, sharing prayers, news, encouragement and photos. Our website is regularly updated, and the PCC have agreed to work with a new website provider to renew the website in 2025. Inclusive Church.. We are proudly an inclusive Church and continue as a member of the organization of that name. This reflects our belief that the love of Christ Is for everyone, regardless of sex, race, economic status, gender, sexuality, ethnic background, disability, health etc and everyone is welcome at all levels in our church. 'In Christ there is no longer Jew nor Greek, slave or free, male or female, you are all one in Christ Jesus, needs footnote. We ensure several services each year dedicated to aspects of inclusion Highlights in 2024 were the disability service with Rev'd Rachel Wilson and the 'Seat at the Table, service with Bishop Simon. Vocations and Training: We continue with a very strong ministry team at St John's, which includes 7 people, licensed or commissioned by the diocese for aspects of ministry work. We were delighted to see our Curate- Rev'd Eucharia Asiegbu- complete her curate training and move to her own church in Bromley and look forward to welcoming our new Curate, Stephanie Howarth Maurel in the summer of 2025. Mark Stephen successfully completed the Hearing and Speaking God's word courses and is now licensed to preach up to 6 times a year. Church Hall: The refurbishment of the Church Hall was completed during 2024 with a section being made secure to store the community larder food and freezer. The PCC took the decision to appoint a hall manager to run the hall, and Tania Zabolotska has been appointed on a 6-month trial ba515 from January 2025. Prayer and Study: The Benefice Pra er Grou has been taken over by Margaret Miller on our Curate's departure and now meets monthly at St John's, with a breakfast followed by guest speaker and prayer session and proves to be very popular. Sandra Marshall runs a monthly prayergroup and Laury holds a Pilgrim group, both of which are well attended. We ran three Quiet Days with Rev'd Jean Boulton-Reynolds which were well-attended ar)d well-received. Eco-Church- We continue to increase our use of fairtrade/recycled supplies in the kitchen and toilets. The garden of remembrance is planted with bee-friendly flowers and our flower meadow continues to thrive. Following an energy assessment survey we have been fortunate to receive a government grant to install LED lighting in the church and modern energy efficient boilers, both of which will happen in early 2025. Music: Dr Herman Jordaan continues to improve the quality of music in church, particularly by recruiting several new members to the robed choir. Joyful voices have continued to grow and have taken part regularly in services and at community events. Since Rev'd Eucharia has left, they are under new leadership of Shirley Williams and Marcia Philbin and provide a Iternative singing to more informal services. Page 5
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JOHN THE EVANGELIST, SIDCUP ANNUAL REPORT OF THE PAROCHIAL CHURCH COUNCIL (THE TRUSTEES) FOR THE YEAR ENDED 31 DECEMBER 2024 Bells: Our Tower Captain Debbie Runting and Steeple keeper Alexander Runting continue to maintain the bell tower in excellent condition. They have delighted in ringing several quarter peals to celebrate events such as birthdays or special occasions for members of the congregation and support with bell ringing at weddings and funerals. The Tower tours continue to be popular. The Future St John's continues to go from strength to strength under the leadership of our Vicar Rev'd Cathy. Community outreach continues to be a particular strength and our ministry and mission to Sidcup continues to grow. Structure Governance and Mana ement The method of appointment of PCC members is set out in the Church Representation Rules. The term of membership for elected members is three years, after which members must stand down for a year before seeking re-election. Everyone who attends St John's is encouraged to register on the Electoral Roll and vote in the PCC elections. PCC members are responsible for making decisions on all matters of general concern and importance to the parish. including deciding on how the funds of the PCC are to be spent. The PCC met eight times during 2024. At each PCC meeting reports {written or verbal) are received from Sub- Committees / Members with specific responsibilities including: Mission & Ministry, Safeguarding, Health and Safety, Finance, Children's work, Social media and communications, Church Fabric, Community outreach, and links with the wider church. The PCC is committed to implementing the House of Bishops, safeguarding policies and good practice guidance, A formal statement to adopt the House of Bishops Promoting a Safer Church. safeguarding policy statement was agreed by the Parochial Church Council and recorded in the minutes of the May 2024 PCC meeting and this process is repeated annually. A link is provided to safeguarding information on the front page of our website and information is in church in various places. Page 6
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JOHN THE EVANGELIST, SIDCUP ANNUAL REPORT OF THE PAROCHIAL CHURCH COUNCIL (THE TRUSTEES) FOR THE YEAR ENDED 31 DECEMBER 2024 Administrative Information The Church of St John the Evangelist, Sidcup, is situated in Church Road, Sidcup. It is part of the Diocese of Rochester within the Church of England. The correspondence address is St John Parish Office, Church Road, Sidcup DA14 6BX. The Parochial Church Council IPCC) is a charity registered with the Charity Commission, registration number 1133932. The PCC members who have served from l January 2024 until the date this report was approved are.. Incumbent: Curate Until 6 November 2024: Re)Kd Cathy Knight-scott Re¢d Eucharia Asiegbu th Churchwardenlsl Until APCM April 2024 Len Raggett Iris Pavey From APCM April 2024 Len Raggett Iris Pavey Diocesun Synod representative.. Jill Raggett Deanery Synod representatives.. Until APCM April 2024 Maureen Jessimon Barry Theobald-Hicks Maureen Jessiman Barry Theobald-Hicks From APCM April 2024 Elected members.. Until APCM April 2024 Chris Tragheim Served oll year Lynn Wells Mark Stephen Bill Goldsmith Laury Bartlett Keith Hulks MarciG Philbin Liz Tragheim Anthony Sharratt From APCM April 2024 Co-opted members.. Until APCM April 2024 From APCM April 2024 Anthony Sharratt (Technology) Chris Tragheim (Treasurer) Legally mandated PCC Roles.. Deputy Chair of PCC." Len Roggett PCC Treasurer.. Chris Trogheim PCC 5ecretory.' Maureen Jessiman PCC Secretary.. Lynn Wells Until APCM April 2024 From APCM April 2024 Page 7
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JOHN THE EVANGELIST, SIDCUP INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JOHN THE EVANGELIST, SIDCUP, KENT DA14 6BX This report on the accounts of the PCC for the year ended 31st December 2024, which are Set out on Pages 9 to 20, is in respect of an examination carried out under $145 of the Charities Act 2011. Respective responsibilities of Trustees and Examiner The charity's trustees are responsible for the preparation of the accounts and consider that an audit is not required for the year ended Section 144 (2) of the Charities Att 2011 (the Charities Act) and that an independent examination is needed. It is my responsibility to examine the accounts under section 145 of the Charities Act, to follow the procedures laid down in the Directions given by the Charity Commission (under sertion 145(5)(b) of the Charities Act, and to state whether particular matters have come to my attentlon. Basis of Independent Examiner's report Our examination was carried out in accordance with the Directions given by the Charity Commission. That examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes the consideration of any unusual items or disclosures in the accounts and the seeking of explanation5 from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and, consequentlyi 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 statement below. Independent Examiner's Statement In connection with my examination, no matter has come to my attention which gives me reasonable cause to believe that, in any material respect, the requirements
to keep accounting records in accordance with section 130 of the Charities Act. and to prepare accounts which accord with the accounting records, and to comply with the accounting requirements of the Charities Act have not been met. or to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. Mrs Michelle Adams Institute of Chartered Accountant5 England & Wales Adams Accountancy (Bexley) Limited Heritage House, 34B North Cray Road, Bexley Kent DA5 3LZ Date . 12th March 2025 Page 8
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JOHN THE EVANGELIST, SIDCUP STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31st DECEMBER 2024 Expendabl• Unrestrlrted Funds Designated F¥nd$ Restrlcted Funds Endowment TOTAL FUNDS Funds 2024 2023 INCOME AND ENDOWMENTS FROM . Donations and Legacies 263,642 103,929 367,571 88.868 Charitable Activities 8.552 685 9,237 6,402 Income from Investments 6,693 6.693 2,040 other Income TOTAL INCOMING RESOURCES 282 976 104 614 387 590 EXPENDITURE ON . Charitable Actlvlties 3.112 166,937 88,438 255,375 156,117 Governance Costs TOTAL RESOURCES USED 169 577 258 015 158 757 NET INCOMING/-OUTGOING RESOURCES 113,399 BEFORE INVESTMENT GAINS AND APPROPRIATIONS 16,176 129,575 -61,447 Add Gains/-Losses on Fixed Assets 113,399 16,176 129,575 -61.447 Transfers Gross Transfers between funds - In Gross Transfers between funds - Out NET INCOMING/-oirrGOING RESOURCES 113,399 16,176 129,575 -61,447 Balances Brought Forward 1.1.2024 BALANCES CARRIED FORWARD 31.12.2024 136 809 250 208 181 360 33 835 310 935 242 807 181 359 Page 9
THE PAROCHXAL CHURCH COUNCIL OF TME ECCLESXASTICAL PARISH OF ST JOHN THE EVANGELIST, SIDCUP BALANCE SHErr AS AT Ji•1 DECEMBER 2024 1024 2023 T&ngltsle Fixeil Assers 97.SOO loo,000 CUARtNT ASSETS Debtors and Prepayments Cèsh at 8ank 4,637 226 550 231,187 8,65 1 86.481 95,132 CVRREWT LZAblLITIES Amounts tslllng due withln ne year ID IIEf CURRENT AsseT$ 213 435 NEf ASSETS 310 935 12 Unre5tr1rted De5Ignateo (Unrestrlrted) Restricted Expendable Endt)wment 250,208 136.809 26,892 10.715 £ 310 935 The nDtts on Pages 11 to 20 rom part ol these accounts Approved by the Parochial Church Council on I x trIGrLL and sl9ned oft Its behalf by Revd C hl Knlght-scotr (Incumbent) L Ra99e Esq (Churthwarden) I Pavey (Churchwarden) Page 10
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JOHN THE EVANGELIST, SIDCUP NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 315t DECEMBER 2024 ACCOUNTING POLICIES The PCC of St John the Evangelist, Sidcup is a Parochial Church Council in England. The address of the registered office is given in the charity information on page 7 of these financial statements. The charity constitutes a public benefit entity as defined by FRS102. The financial statements have been prepared under the Charities Act 2011 in accordance with the amendments to Accounting and Reporting by Ch3ritie5.' Statement of Recommended Practice (SORP) applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16th July 2014 (effective from I lanuary 2016) (the Charities SORP (FRS 102) as amended by Update Bulletin 2 published on 5th October 2018). The charity has applied Update Bulletin 2 and does not include a cash flow statement on the grounds that it is applying FRS102 Section IA. The financial statements have been prepared to give a 'true and fair, view and have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a 'true and fair view,. This departure has involved following the Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FR5102), issued on 16th July 2014, rather than the Accounting and Reporting by Charities: Statement of Recommended Practice, effettive fmm 1st April 2005, which has since been withdrawn. The financial statements are prepared on a going concern basis under the historical cost convention, modified to include certain items at fair value. They are presented in sterling whlch is the functional currency of the charity and rounded to the nearest £1. They also include all transactions, assets and liabilities for which the Parochial Church Council (PCC) is responsible in law. They do not include the accounts of church groups that owe their main affiliation to another body nor those that are informal gatherings of church members. The significant accounting policies applied in the preparation of these financial statements are set out below and have been consistently applied to all years presented unless otherwise stated. Going Concern The financial statements have been prepared on a going concern basis as the trustees believe that no material uncertainties exist. The trustee5 have considered the level of funds held and the expetted level of income and expenditure for 12 months from authorising these financial statements. The budgeted income and expenditure is sufficient within the level of reserves for the charity to be able to continue as a going concern. Public Benefit Entity The Parochial Church Council of St john's Church Sidcup meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transattion value unless otherwise stated in the relevant accounting policy note(s) below. Page 11
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JOHN THE EVANGELIST, SIDCUP NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st DECEMBER 2024 Tangible Fixed Assets Tangible Fixed Assets are stated at C05t less depreciation. Depreciation 15 provided at rates calculated to write off the cost of fixed assets, less their estimated residual value, over their expected useful lives on the following basis Consecrated and Beneflce Property is not included in the accounts in accordance with Part I Chapter 2 {10) (a) of the Charities Act 2011. Moveable Church Furnishings held by the vicar and churchwardens on special trust for the PCC and which require a faculty for disposal are inalienable propertyi listed in the church inventory which can, at any reasonable time, be inspected. other Buildings, held on behalf of the Parochial ChLJrch Council for its own purposes, are based on an estimate of the value at 31st December 2013 (see Note 5) which has been treated as deemed cost as at 1st January 2015. The value of the buildings is depreciated at 20/0 per annum on a straight line basis. Any expenditure on maintenance or improvement is written off as it is incurred. Expenditure on equipment purchased for use in or around the church is written-off in the year that it is incu rred. Funds Endowment Fund5 are funds the capital of which must be maintained unless, as in this case, they were designated by the donor to be a quasi-endowment thus permitting both income and capital to be spent and they are known as Expendable Endowment Funds. Restricted Funds represent (a) income from trusts or endowments which may be expended only on those restricted objects provided in the terms of the trust or bequest, and (b) donations or grants received for a specific object, or invited by the PCC for a specific object. The funds may only be expended on the specific object for which they were given. Any balance remaining unspent at the end of each year must be carried forward as a balance on that fund. The PCC does not Usually invest separately for each fund and. where there is no separate investment, interest may be apportioned to individual funds on an average balance basis. Unrestricted Funds represent the general funds of the PCC that are not subject to any restrittions regarding their use and are available for application for the ordinary purposes of the PCC and include funds designated for a particular purpose by the PCC. 1.5 Income Recognition Income is brought into account when it is more likely than not that the economic benefit of the income will accrue to St John's. In accordance with the Charities SORP (FRS 102), the time of volunteers is not recognised. Planned giving, collections and donations are recognised when received. Tax refunds are recognised when due. Grants and legacies are accounted for when the PCC is legally entitled to the amounts due. Dividends are accounted for when receivable and interest from Government Stocks is accrued. All other income is recogr7ised when receivable. All incoming resources are accounted for gross with the exception of insurance claims for loss or damage which are set against the relevant expenditure when received. Expenditure This is recognised when a liability is incurred, or a constructive obligation arises, that results in the payment being unavoidable. Liabilities are recognised as soon as an outflow of economic benefit is considered more likely than not under the legal or construttive obligation committing St John's to pay out resources. Page 12
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JOHN THE EVANGELIST, SIDCUP NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 315t DECEMBER 2024 Irrecoverable Value Added Tax The PCC is not registered for Value Added Tax (VAT) and accordingly expenditure is shown gross of irrecoverable VAT. The VAT incurred from time to time on certain fabric repair and maintenance expenditure can, however, be recovered under the Listed Places of Worship Grant Scheme. Receivables and Payables . Bank and Cash Debtors are stated at the amounts owed to St John'5 or prepaid. Creditors are initially recognised at settlement amount after any trade discounts where normal credit terms apply. Subsequently creditors that are current liabilities are measured at the cash or other consideration expected to be paid. The liquid funds of bank balance5 and deposit account balances are shown at the realisable values. Page 13
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JOHN THE EVANGELIST, SIDCUP NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 315t DECEMBER 2024 ExnIab R¢stricted Endowment Funds Fynds Unre5trlcte Deslgnated Funds TOTAL FUNDS 2024 2023 Funds INCOMING RESOURCES Donations and Legacles Giving under Gift Aid Gift Aid Income Tax Recoverable Freewill Offerlng Collertions at Church Services (Open Plate) Donations, Appeals etc Grants Received Legacie5 32,419 10,279 32,419 10,279 31,694 11,703 6,215 18,478 6,215 47,407 75,000 196 251 367 571 4,744 35,727 5,000 28,929 75,000 196 251 263 642 103 929 Charitable Activltles Fund Raising Hire of Church Parish Fees Children's & Youth Work 292 2,113 4,958 610 902 2,113 4,958 1,475 1,965 2,256 706 75 685 Income from Investments Principality BS .. Bond Interest Barclays Bank - Deposit Interest Rochester Diocesan Board of Finance . Interest 963 963 715 Other Income Insurance Claim TOTAL INCOMING RESOURCES 282 976 104 614 387 590 Page 14
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JOHN THE EVANGELIST, SIDCUP NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31Jt DECEMBER 2024 Expend•ble Unrestrlrted D•signated Restricted Endowment Funds Funds Punds Funds TOTAL FUNDS 2024 2023 RESOURCES USED Direct Costs of Charitable Activities Fund-Raising Costs Church Hall Runnlng Costs Missionary & Charitable Glvlng Parish Endlcètive Offer Operations Adminlstrator Visiting Clergy Expenses Church Running Costs Equipment Purchased Repairs & Maintenance Redevelopment Costs Clergy Working Expenses Music Work with Senior Work with Chlldren Depreciation 140 7,497 952 29,355 4,836 344 40,173 2,351 57,216 140 10,653 50,894 29,355 7,150 344 41,484 18,485 70,309 3,156 49.942 33,599 13,541 26,000 2.314 1,311 16,134 13,093 33,063 24,321 9,983 5,344 12,979 444 664 5,344 12,979 1,922 1,631 5,148 6,072 558 24 1,478 967 164 795 253 190 154 809 Grants Payable Support Costs . Charltable Postage, Stationery & Printing 43 43 Support Costs . Governance Independent Examiner's Fees (including VAT) TOTAL RESOURCES USED 169 577 88.438 258 015 158 7S7 Page 15
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JOHN THE EVANGELIST, SIDCUP NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st DECEMBER 2024 STAFF COSTS Payments to PCC Members (Trustees) No remuneration or expenses were paid to any other member of the PCC, persons closely connected with them or related parties. FIXED ASSETS Freehold Bulldlng8 TOTAL COST OR VALUATION At l January 2024 Additions Disposals At 31 December 2024 125,000 125,000 125 000 125 000 DEPRECIATION At l January 2024 WIO on Disposals Charge for Year At 31 December 2024 25,000 25,000 NET BOOK VALUE At 31.12.24 At 31.12.23 loo 000 loo 000 The Freehold Buildings consist of the parish hall. We are advised by the Rochester Diocesan Board of Finance that, in the event of a disposal, such part of the proceeds as represents the sale of the land on which the parish hall stands would revert to the Diocese and the parish would be entitled to the value of the hall premises only. Although it was not considered necessary to obtain a detailed valuation of the premises, an informal opinion by Right Move, in early 2014, suggested a sale value of between £125,000 and £150,000 and the deemed value of the parish hall was reduced to £125,000 in the 2013 financial statements with the estimated value of the land being written-off as an impairment in equal instalments over 50 years. The estimated market value at the year-end remains at c£125,000. Page 16
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JOHN THE EVANGELIST, SIDCUP NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st DECEMBER 2024 Expendable Endowment TOTAL FUNDS 2024 unre5trirted Rastr4ctad Funds Funds Funds 2023 6 CHURCH HALL Lettings Donations Running Costs 7 WORK WITH CHILDREN Busy Bees Income Expenditure 1,264 75 967 -892 1,339 706 24 682 -337 Page 17
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JOHN THE EVANGELIST. SIDCUP NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st DECEMBER 2024 8 CASH AT BANK 2024 2023 Barclays Bank plc .' Current Account Deposit Account Hall Account 500 50,792 500 -56 37,228 500 51,792 37,672 Rochester Diocesan Board of Finance Church Repair Fund Hall Repair Fund General Fund 43,380 10,897 120 481 38.982 9,729 98 174,758 48,809 TOTAL CASH BALANCES 226 550 DEBTORS AND PREPAYMENTS 2024 2023 Debtors .' Hall Water Refund Due Refund due from ECS re overpayment Gift Aid Income Tax Recoverable 3,130 3,469 Prepayments .' Council Tax (Vicarage} Security {Vicarage} Copyright Llcence Community Lunch Ensurance Church Insurance . Hall 404 271 42 790 637 257 39 3,399 850 1.507 5,182 Page 18
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JOHN THE EVANGELIST, SIDCUP NOTES TO THE FZNANCIAL STATEMENTS FOR THE YEAR ENDED 31st DECEMBER 2024 io CREDITORS falling due within one year 2024 2023 Endependent Examinerf5 Fees (including VAT) Organist'5 Salary Council Tax (Vicarage) Gas & Electricity (Church) Barclaycard Insurance Fire Equipment Enspettion Christmas Expenses Rochester Diocese re Burials, Baptisms & Weddings Winter Welcome Fund Raising Costs Hall Expenses Church Maintenance Children's Society 2,640 600 2,640 600 255 2,792 1,125 2,971 886 4,386 1,592 330 529 943 140 891 169 7,454 581 li PCC FEES PCC Fees for Weddings, Funerals etc do not include those fees paid to Clergy, Organist or Verger as the Church acts only as agent in collecting and passing on those items. 12 MOVEMENT AND ANALYSIS OF FUNDS MOVEMENT OF FUNDS 1.1.24 R0¢el¥e Paid Transterred Impalrment Provlslon 31.12.24 Unrestricted Designated Restricted Expendable Endowment 136,809 282,976 169,577 250,208 10,715 104,614 88.438 26,892 181 360 387 590 258 015 310 935 ANALYSIS OF NET ASSETS BY FUND Expendable Endowment Total Unrestricted Desi9nated Restrlcted Fixed Assets Current Assets Current Llabllltles 97,500 231,187 97,500 170,460 26,892 33.835 310 935 250 208 The Expendable Endowment Fund 15 the remaining balance of the Griffin Legacy and may be used for the general purposes of the Church. Page 19
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JOHN THE EVANGELIST, SIDCUP NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st DECEMBER 2024 13 RESERVES POLICY It is PCC policy to maintain a balance on unrestricted funds, which equates to approximately six months unrestricted payments, to cover emergency situations which may arise from time to time. The cash assets held at the bank or Rochester amount to £226,550. £26,890 is currently held in restricted fund giving a balance of £199,660 against six months, unrestricted expenditure, based upon the year ended 31st December 2024, of £84,788 (2023 - £59,550) giving a surplus of £114,872. 14 RELATED PARTY DISCLOSURES The total amount of donations without conditions received by St John's from the trustees during the year was £12,270 including Gift Aid Tax recovery, Page 20