OpenCharities

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

2020-12-31-accounts

Annual Trustees Report for 2020/21 for the Parish of St Stephen, Chatham

Prepared for the Annual Parochial Church Meeting 20[th] May 2021 of St Stephen’s Church

CONTENTS

**1. ** Reference and Administrative Information Page 3
**2. ** Structure, governance and management Page 4
**a) ** Organisation of the PCC Page 4
**b) ** Main Sub-Committees of the PCC Page 4
**c) ** Risk Management Page 5
**3. ** Electoral Roll report Page 5
**4. ** Annual Report of the proceedings of the PCC Page 5
**5. ** Stewardship Committee and Gift Aid Page 6
**6. ** Fabric, goods and ornaments Page 6
**7. ** Deanery Synod Page 7

Appendices

~ 2 ~

1. Reference and Administrative Information

The Church Representation Rules (Rule 9(1) (b)) require ‘an annual report on the proceedings of the parochial church council and the activities of the parish generally’ to be received by the Annual Parochial Church Meeting (APCM).

Parish of St. Stephen, Chatham

Incumbent:

Revd. Barry Linney 55 Pattens Lane CHATHAM Kent ME4 6JR

The Parochial Church Council

St. Stephen’s Church Maidstone Road CHATHAM Kent ME4 6JE

Place of Worship

St. Stephen’s Church Maidstone Road CHATHAM Kent ME4 6JE

Bankers for St. Stephen’s Church :

CAF Bank Ltd 25 Kings Hill Avenue Kings Hill West Malling Kent ME19 4JQ

Independent Examiner :

Mr C Clemence 246 City Way ROCHESTER Kent ME1 2BN

Parish Administrator Miss Emma Ovenden

~ 3 ~

PCC Membership 2020/21

Ex-officio:Revd. Barry Linney Lynn Sanders (Churchwarden from APCM 2018) Roben Mills (Deanery Synod, retiring 2023) Nigel Rawlins (Deanery Synod, retiring 2023) Elected Membership:Sophie Tanner (retiring 2021) Carole Reynolds (retiring 2021) Ann Ruby (retiring 2021) Keith Price (retiring 2022) John Chapman (retiring 2023) David Parry (Treasurer) (retiring 2023) Co-opted: Catherine Cave Other:Judith Edmonds-Magee (Secretary)

2. Structure, governance and management

(a) Organisation of the PCC

Since the last APCM the PCC have had 3 regular meetings and 2 extraordinary meetings, all on zoom.

(b) Main Sub-Committees are as follows, however the majority of the work of these committees has been carried out by the Covid-19 convened group

Worship Provides an overview of services and makes suggestions concerning format.

Ministry Team Those operating with a license from the bishop are: Readers Muriel Treacher (PTO) Reader Emeritus Hilda Macleod Licensed Lay Ministers Helen Beaney Christine Caldecourt Other Clergy Revd. Canon Penny Foreman (PTO) The Ministry Team reports to the Worship Committee. Children & Youth Responsible for Sunday Club and the activities of children and young people within the Church.

Events Oversight of Mission and Evangelism activities within and beyond the parish with a focus on events.

~ 4 ~

Social Organises St Stephen’s social events. The Social Committee reports to the Finance Committee.

Fabric Responsible for the maintenance and upkeep of the church and the annexe.

Finance Day to day running and long term management of the church’s finances.

Liturgical Review Reviews the liturgical life of the church and reports to the Worship Committee.

(c) Risk Management

Throughout 2020/21, we have continued to monitor all our activities in order to minimise any instances of risk. A fire risk assessment was carried out during the year and all the points raised were addressed.

3. Electoral Roll Report

The Electoral Roll was revised ahead of the Annual Parochial Church Meeting. There are currently 124 people on the Electoral Roll.

4. Annual Report of the proceedings of the PCC

The COVID-19 convened group has continued to meet every Wednesday and has carried out the majority of the work of all the other Committees. Any matter that has need to be discussed by the PCC has been brought to the agenda appropriately.

The PCC have met five times since the last APCM all by zoom. These have been for an Extraordinary Meeting on 8[th] December 2020 to discuss the budget; Regular PCC on 4[th] November; Regular PCC on 8[th] December; Extraordinary meeting to agree 2021 budget on 28[th] January 2021; and Regular PCC on Tuesday 23[rd] March 2021.

Due to COVID-19 restrictions the normal procedure for swearing in Churchwardens has been changed and authority delegated from the Bishop to the Priest. On the 4[th] November Rev’d Barry Linney swore in Lynn Sanders as Churchwarden for the Parish of St. Stephens and the formal declarations have been made.

The PCC has complied with its duty to have regard to the House of Bishops’ guidance on safeguarding children and vulnerable adults.

In the November PCC it was noted that Rodney and Margaret Beaney stepped down from running the Traidcraft stall. The PCC recognised and thanked them for the many years they had done this. We continue to give away out of date stock, with any donations gratefully received. The PCC was greatly saddened by the death of Rodney; his huge contribution to the life of St. Stephen’s over many years has been acknowledged by the PCC and wider church membership.

~ 5 ~

PCC has discussed how to start reopening the church on a more “normal” basis, and as of our March meeting decided it was too early to make any firm decisions. We will hope for a return to our more regular pattern of one 10.30 service from June/July with a special service to celebrate a return to normal worship taking place at some point in September.

Lynn and Alan have been through the church property register and signed it off.

The law is changing with regards to how marriages are registered. Church of England churches will no longer hold Marriage Registers and issue Marriage Certificates, these will be replaced by a marriage schedule and a marriage document. The change is due to take place in May 2021 although plans are not still finalised.

The PCC would like to acknowledge its huge gratitude to all those who have worked so hard under such difficult conditions to keep St. Stephen’s open and functioning as well as we can throughout various lockdowns and tier 4 restrictions.

5. Stewardship Committee and Gift Aid

This year has been hard as we have all been unable to attend services in person at some time during the year.

Thank you to everyone who has kept up with their regular giving during these difficult times. This has involved extra time and effort - posting cheques, delivering giving envelopes or even changing the way giving is done. This is appreciated and has helped the church to budget, plan spending and live within its means.

During the year, 60 members of the congregation participated in the various planned giving schemes of these 53 people were able to give tax efficiently by Gift Aid or Give As You Earn (Charities Aid Foundation). A successful Gift Aid Claim was made to HMRC in February.

A successful claim under the Gift Aid Small Donations Scheme was made in May for the 2019/20 financial year. We can claim back from HMRC an amount equivalent to Gift Aid on a proportion of our collections given in cash if we meet certain conditions and have the records to back up our claim.

6. Fabric, goods and ornaments

Since the last APCM in October 2020 the following work has been completed.

Church Building

Quinquennial work

~ 6 ~

The only major item outstanding from the 2016 quinquennial report, is the work identified as needing attention, during the last inspection of the church electrical installation in 2018, and listed in the report that followed. Able Cable have been asked to provide an estimate of cost, but no further action can be taken until we have sufficient funds in our quinquennial account.

The next quinquennial inspection is due this year, and Clague Associates have been in contact to arrange a visit possibly in May, but no date has been confirmed yet.

Annexe

Church Grounds

Goods and Ornaments

The Church Property Register has been checked and updated where necessary.

7. Deanery Synod

Deanery Synod has met online via zoom twice in the last year, once in March 2020 and once in December 2020. Another meeting for March 2021 had to be postponed.

Some planned events like ‘Taste and See’ had not been able to take place and will be rescheduled once normality resumes.

~ 7 ~

No Confirmation happened in 2020 but a new date of 27 June 2021 has been agreed and will take place at St Justus at 6pm. This will be Bishop James last confirmation service. Attendance may be restricted and will depend upon guidance at the time.

At the December Synod elections were held for the Deanery Standing committee and Roben Mills was elected as lay chair of the Deanery Synod and lay standing committee representative for the Chatham cluster.

A summary of the business of the Diocesan Synod Meeting was presented, including discussions on – Strategy, Budget, Furlough scheme, and Anti-Bullying & Harassment policy. An update on Safeguarding and the ICSA report was also mentioned. There was also an update on the ‘Called Together’ and ‘Homes for Good’ projects. Details can be found on the Diocesan website.

There was an update about St John’s Chatham Church and Centre of Mission which reopened for worship at Easter 2021.

Signed … ………….… Date… 7[th] May 2021 …………….… Reverend Barry J Linney, Vicar

Signed … …………………. Date… 7[th] May 2021 …………….…

Lynn Sanders, Church Warden

Signed ………………………………… Date… 7[th] May 2021……………… Judith Edmonds-Magee, Secretary to the Parochial Church Council

~ 8 ~

ST. STEPHEN’S CHURCH

CHATHAM

Statement of Accounts for Year Ended 31[st] December 2020

INDEPENDENT EXAMINER'S REPORT TO THE MEMBERS / TRUSTEES OF ST STEPHEN'S CHURCH, CHATHAM, PAROCHIAL CHURCH COUNCIL

I report on the accounts for the year ended 31[st] December 2020, which are set out on pages 2 to 8.

Respective Responsibilities of the Trustees and Independent Examiner

The charity’s trustees are responsible for the preparation of the accounts.

The charity’s trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.

It is my responsibility to:

Basis of Independent Examiner's Report

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

An 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 consideration of 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 statement below.

Independent Examiner's Statement

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

1) which gives me reasonable cause to believe that in any material respect the requirements

(a) to keep accounting records in accordance with s. 130 of the 2011 Act; or

(b) to prepare accounts which accord with the accounting records 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.

Page 1

Financial Statements For the Year Ending 31st December 2020 Incoming Resources

Voluntary Income
Gift Aid Donations
Income Tax recoverable
On Regular Gift-Aided Donations
Gift Aid Small Donations Scheme (Plate)
Non-Tax Efficient Giving
Collections (open plate) at services
Donations and Gift Days
Grants
Donations, appeals for specific capital purposes
Roofs for the Roofless (Student Sponsorship)
Donations for Kitchen Fund
Donation for Together Club
Donations for Building Project Fund
Legacies
Activities for Generating Funds
Magazines, Publications and Advertising
Rental for Church and Annexe
Fundraising
Building Project Fundraising
Charity Fundraising
Fees: Weddings, Funerals & Baptisms
Investment Income
Income from Investments (Interest)
Other Income Resources
Traidcraft
Parish Weekend
Holiday Club
Furlough Income
Other Parish Income ()
Total Income*
Unrestricted
Restricted
Total
Total
Funds
Funds
2020
2019
£
£
£
£
44,963
-
44,963
46,196
9,558
425
9,983
7,696
2,288
-
2,288
2,399
10,292
-
10,292
8,443
2,044
338
2,382
8,687
2,927
-
2,927
3,814
-
-
-
-
-
-
-
250
-
5
5
382
-
111
111
595
-
-
-
90
250
-
250
-
72,321
879
73,200
78,552
140
-
140
440
8,138
-
8,138
17,202
25
-
25
1,702
-
-
-
44
-
-
-
234
2,091
3,381
5,472
5,542
10,395
3,381
13,775
25,164
101
18
119
224
-
1,582
1,582
5,381
-
2,643
2,643
2,434
-
-
-
401
-
3,622
3,622
-
481
192
673
374
481
8,039
8,520
8,589
83,298
12,316
95,614
112,529

Figures on this and subsequent pages are rounded to the nearest £1.

(*) - Other Parish Income includes: Unrestricted: Easyfundraising, lent books, quiz night Restricted: private photocopying

Page 2

Summary of Expenditure Year Ending 31 December 2020

Notes
Central Parish Clergy & Administration
2
Church Requisites
3
Running Expenses
4
Sundries
5
Away Giving
6
Special Projects
7
Depreciation
8
Unrestricted Expenditure Total
Special Projects (Restricted)
7a
Special Projects (Capital Restricted)
7b
Restricted Expenditure Total
Total Expenditure
2020
2019
£
£
61,511
72,219
2,992
2,440
14,743
17,883
89
107
970
3,709
3,720
6,294
-
-
84,025
102,651
7,794
10,647
-
7,097
7,794
17,745
91,818
120,396

Page 3

Statement of Financial Activities Year Ending 31st December 2020

Incoming Resources
Voluntary Income
Activities for Generating Funds
Investment Income
Other Income Resources
Total Incoming Resources
Resources Expended
Costs of generating voluntary income
Fundraising/trading costs
Church Activities
Governance Costs
Other resources expended
Total Resources Expended
NET INCOMING / (OUTGOING) RESOURCES
Transfer Between Funds
NET MOVEMENT IN FUNDS
BALANCES BROUGHT FORWARD AT 1ST JANUARY
BALANCES CARRIED FORWARD AT 31ST DECEMBER
Unrestricted
Restricted
Total
Total
Funds
Funds
2020
2019
£
£
£
£
72,321
879
73,200
78,552
10,395
3,381
13,775
25,164
101
18
119
224
481
8,039
8,520
8,589
83,298
12,316
95,614
112,529
89
-
89
107
70
-
70
305
83,616
7,794
91,409
119,733
250
-
250
250
-
-
-
-
84,025
7,794
91,818
120,396
(727)
4,522
3,796
(7,866)
12,483
(12,283)
200
(268)
11,756
(7,761)
3,996
(8,134)
18,226
16,142
34,368
42,503
29,982
8,381
38,364
34,368

Note: Unrestricted funds are for the day to day running of the church.

Restricted funds can only be used for the purpose for which it was given and cannot be 'raided' for other purposes.

Page 4

St. Stephen's Parish Church Balance Sheet 31st December 2020

Notes
Current Assets
Debtors & Prepayments
9
Diocesan & CBF Accounts
10
Bank Current Account - HSBC
Bank Current Account - CAF
Cash in Hand
Total (b)
Current Liabilities
Creditors - Amounts falling due within one year
11
Total (c)
Net Current Assets / (Liabilities) (b) - (c).
Total Assets Less Current Liabilities (b) - (c).
Creditors - Amounts falling due after one year
12
Total Net Assets
Funds
Unrestricted
General
Designated
13
Total
Restricted
13
Total Funds
2020
2019
£
£
-
-
23,874
30,074
3,522
5,343
10,903
-
65
65
38,364
35,481
-
1,114
-
1,114
38,364
34,368
38,364
34,368
-
-
38,364
34,368
8,762
4,133
-
21,220
22,359
29,982
18,226
8,381
16,142
38,364
34,368

Approved by the Parochial Church Council and signed on their behalf

dated

The notes on Pages 6 to 8 form part of these accounts

Page 5

St. Stephen's Parish Church Notes to the Accounts Year Ending 31st December 2020

1 Accounting Policies

a) Basis of Accounting

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

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

b) Depreciation

Furniture, Fittings and Organ 5% per annum on cost

c) Consecrated Property and Moveable Church Furnishings

Consecrated and beneficed property of any kind is excluded from the accounts in accordance with s.10(2)(a) and (c) 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 accounted as inalienable property unless consecrated. They are listed in the church's

All expenditure incurred in the year on consecrated or beneficed buildings, individual items under £1,000 or on the repair of moveable church furnishings acquired before 1 January 2000 is written off.

2
Central Parish Clergy & Admin
Diocesan Parish Share Contribution
Vicar's Expenses & Visiting Priests
Wages/Salaries - Organists & Administrator
Administration (see page 9)
Governance Costs (incl Accounts Examination)
Fees to Diocese
Parsonage House Costs
Assistant Staff Expenses
3
Church Requisites
Upkeep of Services (see page 9)
4
Running Expenses
Insurance
Church (see page 9)
Church Utilities (Gas, Electric, Water) (see page 9)
Annexe (see page 9)
Church Grounds
Fundraising Costs (Raffle Licence, Fair Costs)
Mission and Evangelism Projects (see Page 9)
Support Costs (see page 9)
2020
£
40,417
905
9,593
4,659
250
2,429
3,237
20
61,511
2,992
2,992
1,653
3,740
2,368
5,955
-
70
128
829
14,743
2019
£
49,590
1,071
11,541
6,466
250
-
3,299
-
72,219
2,440
2,440
1,586
3,823
1,528
8,585
48
305
833
1,175
17,883

Page 6

St. Stephen's Parish Church Notes to the Accounts Year Ending 31st December 2020

5
Sundries
Stewardship
6
Away Giving(see page 10)
Church Overseas
Missionary Giving
Home Missions
Secular Charities
7
Special Projects (Designated)
Education & Training
Quinquennial Repairs
7a
Special Projects (Restricted)
Restricted fund raising costs
Holiday Club
Horsted New Development Mission Fund
Remembrance Book
Restricted Away Giving
Together Club - Davis Estate
Traidcraft
Wesseling Visit
Youth Events
Parish Weekend
Church Youth Project
New signage
Roofs for the Roofless - donation
7b
Special Projects (Capital) Restricted Funds
Building Project
Building project funds in current a/c
2020
£
89
89
-
-
20
950
970
-
3,720
3,720
-
-
-
-
1,357
80
1,696
-
-
4,395
265
-
-
7,794
-
-
-
2019
£
107
107
1,230
-
840
1,639
3,709
500
5,794
6,294
67
230
70
200
1,457
456
4,496
437
25
1,079
1,630
250
250
10,647
3,585
3,513
7,097

Page 7

St. Stephen's Parish Church Notes to the Accounts Year Ending 31st December 2020

9
Debtors and Prepayments
10
All Accounts
Diocesan Board of Finance and CCLA
Greenway (CCLA)
Church Repair Fund (Rochester DBF)
Building Project a/c (CCLA)
Savings Account (CCLA)
Cash in Hand
Current Account (HSBC)
CAF Bank
Total All Accounts
11
Sundry Creditors (unpresented cheques)
12
Diocesan Loan
13
Restricted & Designated Funds
Designated
Church Repair Fund (Designated)
Training & Education Fund (Designated)
Restricted
Building Maintenance Fund
Building Project Fund
Church Redecoration
Church Youth Project
Kitchen Fund
Parish Weekend
Fees to DBF
Remembrance Book
Together Club (Davis Estate)
Total Restricted + Designated
14
Fund Movements
Balance at 31 December 2019
Less Written not cashed 31 December 2019
Plus Incoming resources
Less Resources expended
Plus Transfers In from other Accounts
Less Transfers Out to other accounts
Plus Written not cashed 31 December 2020
Balance at 31 December 2020
General
(HSBC)
5,343
913
81,243
88,469
10,319
4,000
-
2020
£
-
-
20,406
814
2,362
292
23,874
65
3,522
10,903
38,364
-
-
-
-
814
20,406
21,220
-
2,362
3,402
548
671
90
683
-
625
8,381
29,601
CAF Bank
CCLA Savings
-
1,785
-
-
14,252
6
3,349
-
-
-
-
1,500
-
-
2019
£
-
-
21,038
1,321
5,929
1,785
30,074
65
5,343
-
35,481
1,114
1,114
-
-
1,321
21,038
22,359
3,224
2,479
2,977
814
666
2,134
-
105
594
12,993
35,352
CCLA
Greenway
CCLA
Building
Diocesan
Quinq'l
Total
21,038
5,929
1,321
35,416
-
-
-
913
88
18
7
95,614
-
-
-
91,818
-
-
4,000
14,319
720
3,585
4,514
14,319
-
-
-
-
3,522 10,903
292
20,406
2,362
814
38,299

Page 8

Note 2 - Administration
Credit Card Annual Fee
Other Admin
Photocopier / Good News
Postage
Stationery
Telephone
Note 3 - Upkeep of Services
AV System maintenance and operation
Licences (copyright, etc)
Sacristan
Worship / Music (incl Piano tuning)
Note 4 - Church (excl Utilities)
Cleaning - salary & materials
DECC Hire
Fire extinguisher servicing
Maintenance / Repairs
Other Church
Portable Appliance Testing
Window Cleaner
Note 4 - Church Utilities
Utilities (Gas & Electricity)
Water
Note 4 - Annexe
Annexe Alarm & Emergency Lighting Checks
Annexe Cleaning - salary & materials
Annexe Fire extinguisher servicing
Annexe Maintenance / Repairs
Annexe Portable Appliance Testing
Hand Towels
Lift Maintenance
Other Annexe
Public Performance Licence for Hall
Utilities (Gas & Electricity) Annexe
Water - Annexe
Window Cleaner - Annexe
Note 4 - Mission and Evangelism Projects
General Mission/Outreach
Messy Church
Website Costs
Youth Projects (Good Friday workshop, etc)
Note 4 - Support Costs
Children and Youth
Flowers
Ministry Team
Other Support (incl Gifts)
Social Committee
Subscriptions
2020
2019
£
£
32
32
132
186
3,333
5,310
-
263
685
103
478
572
4,659
6,466
1,030
652
1,390
1,005
572
783
-
-
2,992
2,440
1,648
1,270
-
912
738
126
973
649
2
225
180
162
200
480
3,740
3,823
2,264
1,466
104
62
2,368
1,528
-
756
2,575
2,248
-
252
759
353
90
108
-
389
1,071
1,033
234
-
-
244
1,076
3,018
50
124
100
60
5,955
8,585
-
360
128
347
-
96
-
30
128
833
92
245
410
685
243
12
34
153
-
20
50
60
829
1,175

ST. STEPHEN’S CHURCH

CHATHAM

Statement of Accounts for Year Ended 31[st] December 2020

INDEPENDENT EXAMINER'S REPORT TO THE MEMBERS / TRUSTEES OF ST STEPHEN'S CHURCH, CHATHAM, PAROCHIAL CHURCH COUNCIL

I report on the accounts for the year ended 31[st] December 2020, which are set out on pages 2 to 8.

Respective Responsibilities of the Trustees and Independent Examiner

The charity’s trustees are responsible for the preparation of the accounts.

The charity’s trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.

It is my responsibility to:

Basis of Independent Examiner's Report

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

An 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 consideration of 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 statement below.

Independent Examiner's Statement

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

1) which gives me reasonable cause to believe that in any material respect the requirements

(a) to keep accounting records in accordance with s. 130 of the 2011 Act; or

(b) to prepare accounts which accord with the accounting records 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.

Page 1

Financial Statements For the Year Ending 31st December 2020 Incoming Resources

Voluntary Income
Gift Aid Donations
Income Tax recoverable
On Regular Gift-Aided Donations
Gift Aid Small Donations Scheme (Plate)
Non-Tax Efficient Giving
Collections (open plate) at services
Donations and Gift Days
Grants
Donations, appeals for specific capital purposes
Roofs for the Roofless (Student Sponsorship)
Donations for Kitchen Fund
Donation for Together Club
Donations for Building Project Fund
Legacies
Activities for Generating Funds
Magazines, Publications and Advertising
Rental for Church and Annexe
Fundraising
Building Project Fundraising
Charity Fundraising
Fees: Weddings, Funerals & Baptisms
Investment Income
Income from Investments (Interest)
Other Income Resources
Traidcraft
Parish Weekend
Holiday Club
Furlough Income
Other Parish Income ()
Total Income*
Unrestricted
Restricted
Total
Total
Funds
Funds
2020
2019
£
£
£
£
44,963
-
44,963
46,196
9,558
425
9,983
7,696
2,288
-
2,288
2,399
10,292
-
10,292
8,443
2,044
338
2,382
8,687
2,927
-
2,927
3,814
-
-
-
-
-
-
-
250
-
5
5
382
-
111
111
595
-
-
-
90
250
-
250
-
72,321
879
73,200
78,552
140
-
140
440
8,138
-
8,138
17,202
25
-
25
1,702
-
-
-
44
-
-
-
234
2,091
3,381
5,472
5,542
10,395
3,381
13,775
25,164
101
18
119
224
-
1,582
1,582
5,381
-
2,643
2,643
2,434
-
-
-
401
-
3,622
3,622
-
481
192
673
374
481
8,039
8,520
8,589
83,298
12,316
95,614
112,529

Figures on this and subsequent pages are rounded to the nearest £1.

(*) - Other Parish Income includes: Unrestricted: Easyfundraising, lent books, quiz night Restricted: private photocopying

Page 2

Summary of Expenditure Year Ending 31 December 2020

Notes
Central Parish Clergy & Administration
2
Church Requisites
3
Running Expenses
4
Sundries
5
Away Giving
6
Special Projects
7
Depreciation
8
Unrestricted Expenditure Total
Special Projects (Restricted)
7a
Special Projects (Capital Restricted)
7b
Restricted Expenditure Total
Total Expenditure
2020
2019
£
£
61,511
72,219
2,992
2,440
14,743
17,883
89
107
970
3,709
3,720
6,294
-
-
84,025
102,651
7,794
10,647
-
7,097
7,794
17,745
91,818
120,396

Page 3

Statement of Financial Activities Year Ending 31st December 2020

Incoming Resources
Voluntary Income
Activities for Generating Funds
Investment Income
Other Income Resources
Total Incoming Resources
Resources Expended
Costs of generating voluntary income
Fundraising/trading costs
Church Activities
Governance Costs
Other resources expended
Total Resources Expended
NET INCOMING / (OUTGOING) RESOURCES
Transfer Between Funds
NET MOVEMENT IN FUNDS
BALANCES BROUGHT FORWARD AT 1ST JANUARY
BALANCES CARRIED FORWARD AT 31ST DECEMBER
Unrestricted
Restricted
Total
Total
Funds
Funds
2020
2019
£
£
£
£
72,321
879
73,200
78,552
10,395
3,381
13,775
25,164
101
18
119
224
481
8,039
8,520
8,589
83,298
12,316
95,614
112,529
89
-
89
107
70
-
70
305
83,616
7,794
91,409
119,733
250
-
250
250
-
-
-
-
84,025
7,794
91,818
120,396
(727)
4,522
3,796
(7,866)
12,483
(12,283)
200
(268)
11,756
(7,761)
3,996
(8,134)
18,226
16,142
34,368
42,503
29,982
8,381
38,364
34,368

Note: Unrestricted funds are for the day to day running of the church.

Restricted funds can only be used for the purpose for which it was given and cannot be 'raided' for other purposes.

Page 4

St. Stephen's Parish Church Balance Sheet 31st December 2020

Notes
Current Assets
Debtors & Prepayments
9
Diocesan & CBF Accounts
10
Bank Current Account - HSBC
Bank Current Account - CAF
Cash in Hand
Total (b)
Current Liabilities
Creditors - Amounts falling due within one year
11
Total (c)
Net Current Assets / (Liabilities) (b) - (c).
Total Assets Less Current Liabilities (b) - (c).
Creditors - Amounts falling due after one year
12
Total Net Assets
Funds
Unrestricted
General
Designated
13
Total
Restricted
13
Total Funds
2020
2019
£
£
-
-
23,874
30,074
3,522
5,343
10,903
-
65
65
38,364
35,481
-
1,114
-
1,114
38,364
34,368
38,364
34,368
-
-
38,364
34,368
8,762
4,133
-
21,220
22,359
29,982
18,226
8,381
16,142
38,364
34,368

Approved by the Parochial Church Council and signed on their behalf

dated

The notes on Pages 6 to 8 form part of these accounts

Page 5

St. Stephen's Parish Church Notes to the Accounts Year Ending 31st December 2020

1 Accounting Policies

a) Basis of Accounting

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

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

b) Depreciation

Furniture, Fittings and Organ 5% per annum on cost

c) Consecrated Property and Moveable Church Furnishings

Consecrated and beneficed property of any kind is excluded from the accounts in accordance with s.10(2)(a) and (c) 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 accounted as inalienable property unless consecrated. They are listed in the church's

All expenditure incurred in the year on consecrated or beneficed buildings, individual items under £1,000 or on the repair of moveable church furnishings acquired before 1 January 2000 is written off.

2
Central Parish Clergy & Admin
Diocesan Parish Share Contribution
Vicar's Expenses & Visiting Priests
Wages/Salaries - Organists & Administrator
Administration (see page 9)
Governance Costs (incl Accounts Examination)
Fees to Diocese
Parsonage House Costs
Assistant Staff Expenses
3
Church Requisites
Upkeep of Services (see page 9)
4
Running Expenses
Insurance
Church (see page 9)
Church Utilities (Gas, Electric, Water) (see page 9)
Annexe (see page 9)
Church Grounds
Fundraising Costs (Raffle Licence, Fair Costs)
Mission and Evangelism Projects (see Page 9)
Support Costs (see page 9)
2020
£
40,417
905
9,593
4,659
250
2,429
3,237
20
61,511
2,992
2,992
1,653
3,740
2,368
5,955
-
70
128
829
14,743
2019
£
49,590
1,071
11,541
6,466
250
-
3,299
-
72,219
2,440
2,440
1,586
3,823
1,528
8,585
48
305
833
1,175
17,883

Page 6

St. Stephen's Parish Church Notes to the Accounts Year Ending 31st December 2020

5
Sundries
Stewardship
6
Away Giving(see page 10)
Church Overseas
Missionary Giving
Home Missions
Secular Charities
7
Special Projects (Designated)
Education & Training
Quinquennial Repairs
7a
Special Projects (Restricted)
Restricted fund raising costs
Holiday Club
Horsted New Development Mission Fund
Remembrance Book
Restricted Away Giving
Together Club - Davis Estate
Traidcraft
Wesseling Visit
Youth Events
Parish Weekend
Church Youth Project
New signage
Roofs for the Roofless - donation
7b
Special Projects (Capital) Restricted Funds
Building Project
Building project funds in current a/c
2020
£
89
89
-
-
20
950
970
-
3,720
3,720
-
-
-
-
1,357
80
1,696
-
-
4,395
265
-
-
7,794
-
-
-
2019
£
107
107
1,230
-
840
1,639
3,709
500
5,794
6,294
67
230
70
200
1,457
456
4,496
437
25
1,079
1,630
250
250
10,647
3,585
3,513
7,097

Page 7

St. Stephen's Parish Church Notes to the Accounts Year Ending 31st December 2020

9
Debtors and Prepayments
10
All Accounts
Diocesan Board of Finance and CCLA
Greenway (CCLA)
Church Repair Fund (Rochester DBF)
Building Project a/c (CCLA)
Savings Account (CCLA)
Cash in Hand
Current Account (HSBC)
CAF Bank
Total All Accounts
11
Sundry Creditors (unpresented cheques)
12
Diocesan Loan
13
Restricted & Designated Funds
Designated
Church Repair Fund (Designated)
Training & Education Fund (Designated)
Restricted
Building Maintenance Fund
Building Project Fund
Church Redecoration
Church Youth Project
Kitchen Fund
Parish Weekend
Fees to DBF
Remembrance Book
Together Club (Davis Estate)
Total Restricted + Designated
14
Fund Movements
Balance at 31 December 2019
Less Written not cashed 31 December 2019
Plus Incoming resources
Less Resources expended
Plus Transfers In from other Accounts
Less Transfers Out to other accounts
Plus Written not cashed 31 December 2020
Balance at 31 December 2020
General
(HSBC)
5,343
913
81,243
88,469
10,319
4,000
-
2020
£
-
-
20,406
814
2,362
292
23,874
65
3,522
10,903
38,364
-
-
-
-
814
20,406
21,220
-
2,362
3,402
548
671
90
683
-
625
8,381
29,601
CAF Bank
CCLA Savings
-
1,785
-
-
14,252
6
3,349
-
-
-
-
1,500
-
-
2019
£
-
-
21,038
1,321
5,929
1,785
30,074
65
5,343
-
35,481
1,114
1,114
-
-
1,321
21,038
22,359
3,224
2,479
2,977
814
666
2,134
-
105
594
12,993
35,352
CCLA
Greenway
CCLA
Building
Diocesan
Quinq'l
Total
21,038
5,929
1,321
35,416
-
-
-
913
88
18
7
95,614
-
-
-
91,818
-
-
4,000
14,319
720
3,585
4,514
14,319
-
-
-
-
3,522 10,903
292
20,406
2,362
814
38,299

Page 8

Note 2 - Administration
Credit Card Annual Fee
Other Admin
Photocopier / Good News
Postage
Stationery
Telephone
Note 3 - Upkeep of Services
AV System maintenance and operation
Licences (copyright, etc)
Sacristan
Worship / Music (incl Piano tuning)
Note 4 - Church (excl Utilities)
Cleaning - salary & materials
DECC Hire
Fire extinguisher servicing
Maintenance / Repairs
Other Church
Portable Appliance Testing
Window Cleaner
Note 4 - Church Utilities
Utilities (Gas & Electricity)
Water
Note 4 - Annexe
Annexe Alarm & Emergency Lighting Checks
Annexe Cleaning - salary & materials
Annexe Fire extinguisher servicing
Annexe Maintenance / Repairs
Annexe Portable Appliance Testing
Hand Towels
Lift Maintenance
Other Annexe
Public Performance Licence for Hall
Utilities (Gas & Electricity) Annexe
Water - Annexe
Window Cleaner - Annexe
Note 4 - Mission and Evangelism Projects
General Mission/Outreach
Messy Church
Website Costs
Youth Projects (Good Friday workshop, etc)
Note 4 - Support Costs
Children and Youth
Flowers
Ministry Team
Other Support (incl Gifts)
Social Committee
Subscriptions
2020
2019
£
£
32
32
132
186
3,333
5,310
-
263
685
103
478
572
4,659
6,466
1,030
652
1,390
1,005
572
783
-
-
2,992
2,440
1,648
1,270
-
912
738
126
973
649
2
225
180
162
200
480
3,740
3,823
2,264
1,466
104
62
2,368
1,528
-
756
2,575
2,248
-
252
759
353
90
108
-
389
1,071
1,033
234
-
-
244
1,076
3,018
50
124
100
60
5,955
8,585
-
360
128
347
-
96
-
30
128
833
92
245
410
685
243
12
34
153
-
20
50
60
829
1,175