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2024-12-31-accounts

Annual Trustees Report for 2024/25 for the Parish of St. Stephen’s, Chatham

Prepared for the Annual Parochial Church Meeting of St. Stephen’s Church 30[th ] April 2025

CONTENTS

**1. ** Reference and Administratve Informaton Page 3
**2. ** Structure, Governance and Management Page 4
a) of the PCC Page 4
b) Main Sub-Commitees of the PCC Page 4
**3. ** Electoral Roll report Page 5
**4. ** Annual Report of the proceedings of the PCC Page 5
**5. ** Stewardship Commitee and Gif Aid Page 7
**6. ** Fabric, Goods and Ornaments Page 7
**7. ** Deanery Synod Page 8
**8. ** Safeguarding Report Page 9
**9. ** Risk Assessment Page 10

Appendices

I. Agenda for Annual Parochial Church Meetng on 30th April 2025
II. Minutes of Annual Parochial Church Meetng on 24th April 2024

~ 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’s, 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 : Independent Examiner :

CAF Bank Ltd Mr C Clemence 25 Kings Hill Avenue 246 City Way Kings Hill ROCHESTER West Malling Kent Kent ME1 2BN ME19 4JQ

Parish Administrator

Mrs Tracey Pavan

~ 3 ~

PCC Membership 2024/25

Ex-officio:-

Ex-officio:Revd Barry Linney Carole White (Church Warden, retiring 2025) Helen Masters (Deanery Synod, retiring 2026) Nigel Rawlins (Deanery Synod, retiring 2026) Elected Membership:Keith Price (retiring 2025) David Parry - Treasurer (retiring 2026) Catherine Cave (resigned October 2024 – moving away) Catherine Linney (retiring 2027) Sophie Tanner (retiring 2027) Yvonne Whittle (retiring 2027) David Hopkins (retiring 2027) Co-opted: John Chapman (2024 to 2025 only) Other:Wendy Tanner (Secretary)

2. Structure, governance and management

(a) Organisation of the PCC

Since the last APCM there have been six Regular PCC meetings and no Extraordinary meetings.

(b) Main Sub-Committees are as follows

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

Ministry Team Licensed Lay Minister Helen Beaney Permission to Officiate Christine Caldecourt Ordinand Ann Ruby

Children & Youth Responsible for Sunday Club and the activities of children and young people within the Church.

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

~ 4 ~

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

Fabric

Finance

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

3. Electoral Roll Report

A completely new Electoral Roll was prepared ahead of the Annual Parochial Church Meeting. New application forms had to be completed by those who wished to be on the new Electoral Roll. The majority of new forms received were from members of the congregation already on the current Electoral Roll. Four new applications were received; some people had moved away from St Stephen’s during the year

There are currently 79 people on the new Electoral Roll for 2025 (120 in 2023/24). This number may increase as applications may still be received after the 31[st] March deadline and these will be added after the APCM on 30[th] April.

4. Annual Report of the proceedings of the PCC 2024/25

We welcomed two new members to PCC in May 2024 – Yvonne Whittle and David Hopkins. We also welcomed John Chapman to PCC for one year as Deputy Church Warden to assist the Church Warden and the PCC whilst Revd Linney was on extended ministerial development leave. We sadly said goodbye to Catherine Cave in October as she moved away. We now say thank you and goodbye to Keith Price whose three-year term ends and also to John Chapman.

A PCC News Board has been installed at the back of Church. Following each PCC Meeting a Newsletter is produced and added so that the congregation are aware of decisions made affecting St Stephen’s; this is also emailed out with the Pew Sheet. We hope that the congregation has found this a useful addition.

With regard to the AV system, new lapel microphones have been purchased; the screen on the right hand side of church is not as bright and clear as that on the left hand side; the screen on the right is 15 years old; the left only 18 months old; there is also an issue with all three screens flickering; may look to purchasing a new projector.

Following a number of issues with the office landline, a mobile phone will be purchased and the number issued to the congregation and put on the website.

A small working party will be set up to discuss the Church entrance hall with a view to this area more resembling a place of welcome, worship and celebrating the Christian faith.

~ 5 ~

A new Worship and Spirituality Committee was formed to replace the Worship Committee, comprising members of Ministry, Children and Youth, Creative in Creation and Music; to meet to schedule church events for the year; the details of each event would then be worked through by the separate committees.

A number of documents had been received from the Diocese regarding blessings and prayers for same sex couples with a request for PCC to discuss and agree a course of action for St Stephen’s. Wording was agreed for prayers for such services and details of services are available on the Church website.

Revd Linney had taken Extended Ministerial Development Leave from June to August 2024 which included supervised study on a topic of choice, a period of retreat and spiritual renewal and holiday time with family.

Following discussion, it was agreed that the kitchen be a ‘no-go’ area after the Sunday Service other than to those on the tea rota; this was to comply with health and safety and hygiene.

The Director of Music role is currently being advertised, and although there has been some initial interest, we are still seeking a suitable person to fill this role.

Quotes will be obtained for new heaters in Church as a number of the current heaters are old and parts can no longer be obtained.

Information on the fire exits and Assembly Point will be included in the Pew Sheet a couple of times a year so that in the event of any evacuation, the congregation are aware of the procedure.

An ‘Away Time’ took place from Friday 31[st] January to Sunday 2[nd] February at Ladywell Franciscan Centre in Godalming, Surrey attended by a good number of the congregation.

The PCC have met six times since the last APCM. These have all been Regular PCC meetings: 15[th] May 2024, 24[th] July 2024, 25[th] September 2024, 27[th] November 2024, 22nd January 2024 and 25th March 2024.

~ 6 ~

5. Stewardship Committee and Gift Aid

Thank you to everyone who supports the work of St. Stephens by giving regularly. Regular income helps to plan necessary expenditure and set a budget for the year.

During the year, fifty-five members of the congregation participated in the various planned giving schemes; of these forty-six people were able to give tax efficiently by Gift Aid or via the Charities Aid Foundation.

Successful claims to HMRC for tax refunds were made in May for Gift Aid (for the year 2023) for Gift Aid Small Donations (for the tax year 2023/24).

The Gift Aid Small Donations Scheme allows the church to claim back from HMRC an amount equivalent to Gift Aid on a proporton 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 April 2024 the following work has been completed.

Church Building

Quinquennial Work

~ 7 ~

Annexe

~ 8 ~

Church Grounds

Goods and Ornaments

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

7 Deanery Synod

Nigel Rawlins and Helen Masters are the St Stephen’s representatives on the Diocese Deanery Synod. Since the last APCM, the Deanery Synod has only met twice, on 25th June 2024 and 15th January 2025.

In June, Andy Wooding Jones spoke, as his six years as Archdeacon came to a close, about all the changes he has seen during that time, both personally and work related. He recognised some of the challenges that the changes have meant and how we can work through those. He also spoke about the Diocesan Vision,

We are called together by God to Change, Serve and Grow” and what this means for parishes.

In January Deanery Synod met at the Cathedral and Simon Lace (Chief Operating Officer) gave an interesting and informative talk. He talked about the Cathedral itself, the events it holds to raise much needed funds (being a Cathedral that doesn't charge entry fees) and how numbers are increasing.

8 Safeguarding Report

The Parish Administrator oversees a central register of all members of the congregation who are required to undertake safeguard training and DBS checks. Safeguard training is undertaken at different levels, dependent on the role within church. The Parish Administrator issues training and ensures completion as required. Below is the number of people who have completed courses this year:

~ 9 ~

DBS checks are in place and updated as required. All members of the PCC are required to have Enhanced DBS Certificates in place along with Awareness of Domestic Abuse

Nigel Rawlins is St Stephen’s Parish Safeguarding Officer and David Hopkins the Church's Vulnerable Adults Representative. As a PCC and congregation, we need to ensure we pass on any safeguarding concerns to Revd Linney, Nigel Rawlins or to the Diocese directly.

The Rochester Diocese has signed up to the Safeguarding Hub which is designed to assist parishes with their safeguarding responsibilities around safer recruitment and people management. Once up and running, invitations will be issued for parishes to subscribe.

The Church’s Safeguarding Policy – Promoting a Safer Church was adopted for the year on 15[th] May 2024.

Lone Working Guidance had been issued by the Diocese and was circulated to those members of St Stephen's who may find themselves lone working either in Church or in the community. We are all reminded of the need to be diligent in our own roles and when employing others.

Revd Linney confirmed that he was unaware of any safeguarding issues.

9 Risk Management

Throughout 2024/25 we have continued to monitor all our activities in order to minimise any instances of risk.

Signed Date: 3[rd] April 2025 Reverend Barry J Linney, Vicar

Signed: Carole White Date: 3[rd] April 2025

Carole White, Church Warden

Signed: Wendy Tanner Date: 3rd April 2025 Wendy Tanner, Secretary to the Parochial Church Council

~ 10 ~

ST. STEPHEN’S CHURCH

CHATHAM

Statement of Accounts for Year Ended 31[st] December 2024

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 31st December 2025, 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

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 2024 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
Donation for Together Club
Legacies
Activities for Generating Funds
Magazines, Publications and Advertising
Rental for Church and Annexe
Fundraising
Building Project Fundraising
Fees: Weddings & Funerals
Investment Income
Income from Investments (Interest)
Other Income Resources
Parish Weekend
Other Parish Income ()
Total Income*
Unrestricted
Restricted
Total
Total
Funds
Funds
2024
2023
£
£
£
£
35,878
-
35,878
40,664
9,566
-
9,566
9,617
1,173
-
1,173
1,526
12,856
-
12,856
11,410
4,229
1,203
5,432
4,150
-
-
-
275
-
-
-
-
-
1,056
1,056
1,195
4,068
-
4,068
26,452
67,771
2,259
70,030
95,289
125
-
125
80
25,330
-
25,330
20,398
2,141
-
2,141
1,880
-
-
-
-
1,337
2,852
4,189
2,344
28,934
2,852
31,786
24,702
3,221
131
3,352
1,230
-
5,460
5,460
3,642
1,001
300
1,301
1,410
1,001
5,760
6,761
5,052
100,926
11,002
111,928
126,274

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

(*) - Other Parish Income includes:

Unrestricted: Good Friday Workshop Income, Insurance over-payment refund Restricted: private photocopying, remembrance book

Page 2

Summary of Expenditure Year Ending 31 December 2024

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
2024
2023
£
£
64,396
62,238
871
1,838
28,154
22,513
74
67
4,809
1,196
2,140
9,200
-
-
100,444
97,051
4,325
7,670
-
-
4,325
7,670
104,770
104,721

Page 3

Statement of Financial Activities Year Ending 31st December 2024

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
2024
2023
£
£
£
£
67,771
2,259
70,030
95,289
28,934
2,852
31,786
24,702
3,221
131
3,352
1,230
1,001
5,760
6,761
5,052
100,926
11,002
111,928
126,274
74
-
74
67
-
-
-
-
100,120
4,325
104,446
104,404
250
-
250
250
-
-
-
-
100,444
4,325
104,770
104,721
482
6,677
7,158
21,553
1,677
-1,677
(0)
21,553
2,159
4,999
7,158
21,553
67,971
5,817
73,788
52,335
70,130
10,816
80,946
73,788

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 2024

Notes 2024 2023
£ £
Current Assets
Debtors & Prepayments 9 - -
Diocesan & CBF Accounts 10 63,804 62,016
Bank Current Account - HSBC 263 203
Bank Current Account - CAF 16,813 11,503
Cash in Hand 65 65
Total (b) 80,946 73,787
Current Liabilities
Creditors - Amounts falling due within one year 11 - -
Total (c) - -
Net Current Assets / (Liabilities) (b) - (c). 80,946 73,787
Total Assets Less Current Liabilities (b) - (c). 80,946 73,787
Creditors - Amounts falling due after one year 12 - -
Total Net Assets 80,946 73,787
Funds
Unrestricted
General 44,748 45,669
Designated 13 25,381 22,301
Total 70,130 67,971
Restricted 13 10,816 5,817
Total Funds 80,946 73,787

Approved by the Parochial Church Council and signed on their behalf Approved by the Parochial Church Council and signed on their behalf

dated datedate

The notes on Pages 6 to 8 form part of these accounts The notes on Pages6 to 8 form part of these accounts

Page 5

St. Stephen's Parish Church Notes to the Accounts Year Ending 31st December 2024

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
Governance Costs (incl Accounts Examination)
Fees to Diocese
Parsonage House Costs
Assistant Staff Expenses
3
Church Requisites
Upkeep of Services
4
Running Expenses
Insurance
Church
Church Utilities (Gas, Electric, Water)
Annexe
Church Grounds
Fundraising Costs (Raffle Licence, Fair Costs)
Mission and Evangelism Projects
Support Costs
2024
£
42,000
1,591
11,737
3,353
250
1,452
4,012
-
64,396
871
871
2,009
5,657
7,179
10,727
-
-
-
2,581
28,154
2023
£
42,000
1,368
10,352
4,016
250
530
3,722
-
62,238
1,838
1,838
1,974
4,900
7,195
7,120
-
-
-
1,324
22,513

Page 6

St. Stephen's Parish Church Notes to the Accounts Year Ending 31st December 2024

5
Sundries
Stewardship
6
Away Giving
Church Overseas
Missionary Giving
Home Missions
Secular Charities
7
Special Projects (Designated)
Education & Training
Quinquennial Repairs
7a
Special Projects (Restricted)
Holiday Club
Restricted Away Giving
Together Club - Davis Estate
Mindfulness
Parish Weekend
7b
Special Projects (Capital) Restricted Funds
Building Project
Building project funds in current a/c
2024
£
74
74
-
-
150
4,659
4,809
1,200
940
2,140
138
1,140
670
400
1,977
4,325
-
-
-
2023
£
67
67
-
-
-
1,196
1,196
1,200
8,000
9,200
-
740
845
-
6,085
7,670
-
-
-

Page 7

St. Stephen's Parish Church Notes to the Accounts Year Ending 31st December 2024

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)
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 Project Fund
Church Youth Project
Parish Weekend
Fees to DBF
Together Club (Davis Estate)
Mindfulness
Total Restricted + Designated
14
Fund Movements
Balance at 31 December 2023
Plus Incoming resources
Less Resources expended
Plus Transfers In from other Accounts
Less Transfers Out to other accounts
Balance at 31 December 2024
General
(HSBC)
203
120
60
-
-
2024
£
-
-
20,023
5,358
2,603
35,821
63,804
263
16,813
80,881
-
-
-
-
5,358
20,023
25,381
2,603
248
3,765
2,046
1,719
435
10,816
36,197
CAF Bank
CCLA Savings
11,503
37,244
108,492
1,965
104,710
-
-
-
1,528
-
3,388
2023
£
-
-
20,148
2,153
2,471
37,244
62,016
203
11,503
73,722
-
-
-
-
2,153
20,148
22,301
2,471
248
282
647
1,333
835
5,817
28,118
CCLA
Greenway
CCLA
Building
Diocesan
Quinq'l
Petty
Cash
Total
20,148
2,471
2,153
65
73,787
1,075
131
145
-
111,928
-
-
-
-
104,770
-
-
4,000
-
4,000
1,200
-
940
-
4,000
263 16,813
35,821
20,023
2,603
5,358
65
80,946

Page 8

ST. STEPHEN’S CHURCH

CHATHAM

Statement of Accounts for Year Ended 31[st] December 2024

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 31st December 2025, 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

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 2024 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
Donation for Together Club
Legacies
Activities for Generating Funds
Magazines, Publications and Advertising
Rental for Church and Annexe
Fundraising
Building Project Fundraising
Fees: Weddings & Funerals
Investment Income
Income from Investments (Interest)
Other Income Resources
Parish Weekend
Other Parish Income ()
Total Income*
Unrestricted
Restricted
Total
Total
Funds
Funds
2024
2023
£
£
£
£
35,878
-
35,878
40,664
9,566
-
9,566
9,617
1,173
-
1,173
1,526
12,856
-
12,856
11,410
4,229
1,203
5,432
4,150
-
-
-
275
-
-
-
-
-
1,056
1,056
1,195
4,068
-
4,068
26,452
67,771
2,259
70,030
95,289
125
-
125
80
25,330
-
25,330
20,398
2,141
-
2,141
1,880
-
-
-
-
1,337
2,852
4,189
2,344
28,934
2,852
31,786
24,702
3,221
131
3,352
1,230
-
5,460
5,460
3,642
1,001
300
1,301
1,410
1,001
5,760
6,761
5,052
100,926
11,002
111,928
126,274

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

(*) - Other Parish Income includes:

Unrestricted: Good Friday Workshop Income, Insurance over-payment refund Restricted: private photocopying, remembrance book

Page 2

Summary of Expenditure Year Ending 31 December 2024

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
2024
2023
£
£
64,396
62,238
871
1,838
28,154
22,513
74
67
4,809
1,196
2,140
9,200
-
-
100,444
97,051
4,325
7,670
-
-
4,325
7,670
104,770
104,721

Page 3

Statement of Financial Activities Year Ending 31st December 2024

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
2024
2023
£
£
£
£
67,771
2,259
70,030
95,289
28,934
2,852
31,786
24,702
3,221
131
3,352
1,230
1,001
5,760
6,761
5,052
100,926
11,002
111,928
126,274
74
-
74
67
-
-
-
-
100,120
4,325
104,446
104,404
250
-
250
250
-
-
-
-
100,444
4,325
104,770
104,721
482
6,677
7,158
21,553
1,677
-1,677
(0)
21,553
2,159
4,999
7,158
21,553
67,971
5,817
73,788
52,335
70,130
10,816
80,946
73,788

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 2024

Notes 2024 2023
£ £
Current Assets
Debtors & Prepayments 9 - -
Diocesan & CBF Accounts 10 63,804 62,016
Bank Current Account - HSBC 263 203
Bank Current Account - CAF 16,813 11,503
Cash in Hand 65 65
Total (b) 80,946 73,787
Current Liabilities
Creditors - Amounts falling due within one year 11 - -
Total (c) - -
Net Current Assets / (Liabilities) (b) - (c). 80,946 73,787
Total Assets Less Current Liabilities (b) - (c). 80,946 73,787
Creditors - Amounts falling due after one year 12 - -
Total Net Assets 80,946 73,787
Funds
Unrestricted
General 44,748 45,669
Designated 13 25,381 22,301
Total 70,130 67,971
Restricted 13 10,816 5,817
Total Funds 80,946 73,787

Approved by the Parochial Church Council and signed on their behalf Approved by the Parochial Church Council and signed on their behalf

dated datedate

The notes on Pages 6 to 8 form part of these accounts The notes on Pages6 to 8 form part of these accounts

Page 5

St. Stephen's Parish Church Notes to the Accounts Year Ending 31st December 2024

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
Governance Costs (incl Accounts Examination)
Fees to Diocese
Parsonage House Costs
Assistant Staff Expenses
3
Church Requisites
Upkeep of Services
4
Running Expenses
Insurance
Church
Church Utilities (Gas, Electric, Water)
Annexe
Church Grounds
Fundraising Costs (Raffle Licence, Fair Costs)
Mission and Evangelism Projects
Support Costs
2024
£
42,000
1,591
11,737
3,353
250
1,452
4,012
-
64,396
871
871
2,009
5,657
7,179
10,727
-
-
-
2,581
28,154
2023
£
42,000
1,368
10,352
4,016
250
530
3,722
-
62,238
1,838
1,838
1,974
4,900
7,195
7,120
-
-
-
1,324
22,513

Page 6

St. Stephen's Parish Church Notes to the Accounts Year Ending 31st December 2024

5
Sundries
Stewardship
6
Away Giving
Church Overseas
Missionary Giving
Home Missions
Secular Charities
7
Special Projects (Designated)
Education & Training
Quinquennial Repairs
7a
Special Projects (Restricted)
Holiday Club
Restricted Away Giving
Together Club - Davis Estate
Mindfulness
Parish Weekend
7b
Special Projects (Capital) Restricted Funds
Building Project
Building project funds in current a/c
2024
£
74
74
-
-
150
4,659
4,809
1,200
940
2,140
138
1,140
670
400
1,977
4,325
-
-
-
2023
£
67
67
-
-
-
1,196
1,196
1,200
8,000
9,200
-
740
845
-
6,085
7,670
-
-
-

Page 7

St. Stephen's Parish Church Notes to the Accounts Year Ending 31st December 2024

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)
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 Project Fund
Church Youth Project
Parish Weekend
Fees to DBF
Together Club (Davis Estate)
Mindfulness
Total Restricted + Designated
14
Fund Movements
Balance at 31 December 2023
Plus Incoming resources
Less Resources expended
Plus Transfers In from other Accounts
Less Transfers Out to other accounts
Balance at 31 December 2024
General
(HSBC)
203
120
60
-
-
2024
£
-
-
20,023
5,358
2,603
35,821
63,804
263
16,813
80,881
-
-
-
-
5,358
20,023
25,381
2,603
248
3,765
2,046
1,719
435
10,816
36,197
CAF Bank
CCLA Savings
11,503
37,244
108,492
1,965
104,710
-
-
-
1,528
-
3,388
2023
£
-
-
20,148
2,153
2,471
37,244
62,016
203
11,503
73,722
-
-
-
-
2,153
20,148
22,301
2,471
248
282
647
1,333
835
5,817
28,118
CCLA
Greenway
CCLA
Building
Diocesan
Quinq'l
Petty
Cash
Total
20,148
2,471
2,153
65
73,787
1,075
131
145
-
111,928
-
-
-
-
104,770
-
-
4,000
-
4,000
1,200
-
940
-
4,000
263 16,813
35,821
20,023
2,603
5,358
65
80,946

Page 8