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Pagell
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|||Contents||
|---|---|---|---|
||||Page|
|Administrative
Information:||||
|Parochial
Church
Council|(PCC)|||
|Bankers||||
|Independent
Examiner||||
|Objectives
and Activities:||||
|Achievements
and Performance:||||
|Public Benefit||||
|Grant Making||||
|Volunteers||||
|Church Membership||||
|Attendances||||
|A Year in the Life ofSt Margaret's||2022:||
|Where We Are and The Way Forward:||||
|Financial
Review:|||10|
|Reserves Policy|||10|
|Utility Costs Consideration|||10|
|Going Concern Consideration|||11|
|Structure
Governance
and|Management:||11|
|Induction
and Training of|Trustees||12|
|Statement ofTrustees'
Responsibilities|||12|
|Risk Management|||12|
|Committees|||13|
|Deanery 5 Diocesan Synod:|||14|
|Fabric, Goods and Ornaments:|||14|
|Church|||14|
|Churchyard|||14|
|Clergy Housing|||14|
|Millennium
Centre|||15|
|Safeguarding
Report:|||15|
|Financial Statements:|||16|
|Independent
Examiners
Report|||17|
|Statement
for year ending|31/12/2022||18|
|Balance sheet at 31/12/2022|||20|
|Notes to financial statements|||21|
|Analysis of income and expenditure|||23|
|Statement
ofassets and liabilities|||25|
|Fund movement|||27|
|Related trusts and charities|||27|
|Prior period comparative|SOFA for year ending 31/12/2021||28|
|Detailed notes|||30|
##
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|worship
under Section|3ofthe Charities
Act 19|93.Charit|y
Number 11348|
|---|---|---|---|
|Church address|St Margaret's
Church|||
||High Street|||
||Rainham|||
||Kent MEB 7JH|||
|Church office|St Margaret's
Millennium|Centre|01634362023|
||Gatekeeper
Chase|||
||Rainham|||
||Kent MEB 9BH|||
|Parochial
Church Council (PCC)||||
|Incumbent|Revd Nathan
Ward|Chair||
|Assistant
Priest|Revd Jonathan
Jennings|||
|Associate Vicar|Revd Christine
Allen|up ta|January 2022|
|Licensed
Lay Ministers||||
|from APCM 2021to 2022|MrS Ann CritChley|||
|from APcM2022to 2023|Mrs Janet Garnons-Williams|||
|Churchwardens||||
|from APCM 2021to 2022|Miss Lorna Dyer|||
||Mrs Davina
O'Brien|||
|from APCM 2022 to 2023|Mrs Davina
O'Brien|||
||Mrs Linda Randall|||
|Deanery Synod||||
|from APCM 2020to 2023|Mrs Davina
O'Brien|||
||Mrs Kayleigh
Ward|||
||Mr Frank Pantony|||
|Diocesan Synod||Mr Terry Whittaker||Licensed Lay Worker,|and licensed funeral|
|---|---|---|---|---|---|
|from January 2021to July 2024||||minister||
|Elected to PCC||||||
|from APCM 2019to 2022||Mrs Heather
Baker||||
|||Mr James Jackson||||
|||Mrs Felicity Holton||||
|from APCM 2020 to 2022||Mrs Janet Garnons-Williams||||
|||Miss Charley Whittaker||||
|from APCM 2020to 2023||Mr Nick Grief||||
|||Mrs Linda Randall||Parish Safeguarding|Officer|
|from APCM 2021to 2024||Miss Hollie Allen||||
|||Mr Nigel Barfoot||||
|||Mr Owen Smith||Vice-chair from May|2022|
|from APCM 2022 to 2025||Mrs Heather
Baker||||
|||Miss Lorna Dyer||||
|||Mrs Felicity Holton||||
|||Mr David Ormiston||||
|||Miss Charley Whittaker||||
|In attendance||Mr Sam Holden||PCC Treasurer||
|||Mrs Jo Whittaker||PCCSecretary||
|Bankers||National
Westminster||Bank pic||
|||70-74 High Street||||
|||Rainham||||
|||Kent MEB 7JH||||
|Independent|EXaminer
Natalie
Harrison||IACA|FCCA CrA TEP)||
|||Beak Kemmenoe||||
|||Chartered
Accounts||||
|||1-3Manor Road||||
|||Chatham||||
|||Kent ME4 6AE||||
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|Attendances|||||||2020|2021|2022|
|---|---|---|---|---|---|---|---|---|---|
|Average weekly|attendance|||during||October|81(1,375|114(1,880|99(1,190|
||||||||online)|online)|online)|
|Easter Day|||||||4 (2,826|9 (2,568|194(610|
||||||||online)|online)|online)|
|Christmas
Day|||||||1,480|98(420|199(400|
||||||||online|online)|online)|
|Adult Baptisms||||||||||
|Child Baptisms||||||||29|38|
|Confirmations||||||||||
|Marriages||||||||10|15|
|Services ofThanksgiving||for||a Marriage||||||
|Funerals
in Church|||||||16|16||
|Funeral service|in Church,||burial||in|||||
|Churchyard||||||||||
|Funeral service|in Church,||burial||in cemetery|||||
|Funeral service|in Church,||committal|||at|||12|
|Crematoria||||||||||
|Funerals
in Crematoria||only|||||32|35|27|
|Interment
ofAshes|||||||||20|
|Memorial
Services in Church|||||||Not recorded|Not recorded|2|
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||||Unrestricted|Designated|Restricted|Restricted|Endowment|Total|Prior Year|
|---|---|---|---|---|---|---|---|---|---|
||||Funds|Funds|Funds||Funds|Funds|Funds|
|INCOME AND||||||||||
|ENDOWNIENTS||||||||||
|Donations
and legacies|||248,303|||||248,303|154,931|
|Income from charitable||activities|14,521|||||14,521|16,669|
|Other trading activities|||66,570|||||66,570|50,773|
|Investments|||8,630|10||40||8,680|2,256|
|Other income|||5,473|||||5,473|140,996|
|Total Income|||343,497|10||40||343,547|365,627|
|EXPENDITURE ON||||||||||
|Raising funds|||49,852|||||49,852|59,052|
|Expenditure
on charitable|||218,470|30,561|11,767|||260,798|253,540|
|activities||||||||||
|Total Expenditure|||268,322|30,561|11,767|||310,650|312,594|
|Gains / losses on investment||||(339)||||(339)|(6)|
|assets||||||||||
|Net Income / (expenditure)|||75,175|(30,890)|(11,727)|||32,558|53,036|
|resources before transfer||||||||||
|Transfers||||||||||
|Gross transfers
between||funds|1,271|432||||1,703|154,454|
|in||||||||||
|Gross transfers
between||funds|(432)|(1,271)||||(1,703)|(154,454)|
|out||||||||||
|Other recognised
gains||/losses||||||||
|Gains / losses on investment||||||||||
|assets||||||||||
|Gains on revaluation,|fixed assets,|||||||||
|charity's
own use||||||||||
|Net movement
In funds|||76,015|31,729|(11,727)|||32,558|53,036|
|Reconciliation offunds||||||
|---|---|---|---|---|---|
|Total funds brought forward|198p748|171727|365(258|735,734|682,697|
|Total funds carried forward|274,763|139,998|353,532|768,293|735,734|
|||Description||||This year|Last year|
|---|---|---|---|---|---|---|---|
|Fixed assets||||||||
|||Tangible||||625,939|447,069|
|||Investment||||10|10|
|||Total Fixed assets||||625,949|447,079|
|Current assets||||||||
|||Debtors 8 Prepayments||||4,210|23,088|
|||Cash at bank & in hand||||159,447|277,510|
|||Total Current assets||||163,657|300,599|
|Liabilities||||||||
|||Creditors
—amounts||falling due in||21,314|11,944|
|||one year||||||
|||Total Liabilities||||21,314|11,944|
|||Net Asset surplus(deficit)||||768,293|735,734|
|Reserves||||||||
|||Excess / (deficit) to date||||32,897|53,034|
|||Starting balances||||735,734|682,698|
|||Gains/(losses)|on investment||assets|(338)||
|||Total Reserves||||768,293|735,734|
|Represented|by|||||||
|funds||||||||
|||Unrestricted||||274,763|198,748|
|||Designated||||139,998|171,727|
|||Restricted||||353,532|365,259|
|||Endowment||||||
|||Total||||768,293|735,734|
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|||Unrestricted
Designated|Restricted|Restricted|Endowment|This Year|Last|
|---|---|---|---|---|---|---|---|
||||||||Year|
|Gift Aid Donations||57,202||||57,202|59,205|
|Other Planned
Giving||249||||249||
|Collections||7,199||||7,199|2,036|
|Donations
(2a)||41,846||||41,846|45,518|
|Gift Aid Recovered||18,794||||18,794|12,287|
|Legacies||29,992||||29,992|13,927|
|Grants (2b)||92,060||||92,060|16,686|
|VAT Recovered||961||||961|5,272|
|Total||248,303||||248,303|154,931|
|Income from Church Activities||||||||
|Income from Bazaar||893||||893||
|Income from other activities||87||||87|1,681|
|PCC Fees||13,540||||13,540|14,988|
|DBFFees||||||||
|Total||14,521||||14,521|16,669|
|Other Trading Activities||||||||
|Millennium
Centre Lettlngs||66,570||||66,570|50,773|
|Total||66,570||||66,570|50p773|
|Investments||||||||
|Dividends
gz interest.||1,630|10|40||1,680|125|
|Rent —letting of Childscroft|Rd|7,000||||7,000|2,130|
|Total||8,630|10|40||8,680|2,256|
|Other Income||||||||
|Insurance
receipts||5,473||||5,473|2,549|
|Employment
Cost Refund|||||||3,348|
|Gain on sale offixed assets|||||||135,098|
|Total||5,473||||5,473|140,996|
|TOTAL INCOME||343,497|10|40||343,547|365,627|
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|||||Unrestricted|Designated|Restricted|Endowment|This Year|Last Year|
|---|---|---|---|---|---|---|---|---|---|
|Cost offund-raising|events|||1,448||||1,448|1,778|
|Millennium
Centre running||||48,404||||48,404|57,275|
|costs||||||||||
|Sunburst
Bookshop|running|||||||||
|costs||||||||||
|Total||||49,852||||49,852|59,053|
|Church activities||||||||||
|||||Unrestricted|Designated|Restricted|Endowment|This Year|Lest Year|
|Missionary
&charitable||||||||||
|giving:||||||||||
|Overseas
missionary||societies||54||||54||
|Tafara
Link lHarare Diocese)||||1,000||||1,000||
|Relief &.development||||||||||
|agencies||||||||||
|Home missions
&other||||491||||491|157|
|church societies||||||||||
|Sub-total||||1545||||157|157|
|Parish Share ofdiocesan costs||||66,700||||66,700|64,646|
|Salaries
&.wages of parish staff||||36,615||||36,615|27,479|
|Working expenses of||clergy||2,715||||2,715|1,438|
|Clergy housing expenses||||6,923||||6,923|10,233|
|Parish training
&evangelism||||9,488||||9,488|25,877|
|Church
insurance||||4,214||||4,214|4,071|
|Other church running||expenses||29,732||||29,732|25,996|
|Depreciation
ofproperties|||&||30,561|11,767||42,328|40,812|
|equipment||||||||||
|Church
repairs &maintenance||||4,228||||4,228|10,614|
|Upkeep ofservices||||12,415||||12,415|19,652|
|Administration
costs||||7,356||||7,356|6,436|
|Upkeep of churchyard||||5,938||||5,938|5,053|
|Church
utility expense||||13,151||||13,151|11,077|
|Church fabric repairs||||5,280||||5,280||
|Heritage Project||||12,170||||12,170||
|Total||||216,470|25,098|11,767||253,540|253,540|
|TOTAL EXPENDITURE||||268,322|23,565|11,767||312,593|312,593|
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||||General|Oeslgnated|Restricted|Endowment|This Year|Last Year|
|---|---|---|---|---|---|---|---|---|
|Designated|Freehold
Property|||277,500|||277,500|60,000|
|Accumulated|depreciation|||(109,585)|||(109,585)|(82,622)|
|Investment|assets||10||||10|10|
|Designated|furniture,
fixtures 8|||89,004|||89,004|89,004|
|fittings|||||||||
|Designated|office furniture|||25,191|||25,191|24,266|
|Millennium|Centre —Freehold|||33,762|601,604||635,366|635,366|
|property|||||||||
|Millennium|Centre—|||(32,555)|(258,981)||(291,536)|(278,945)|
|accumulated|depreciation||||||||
|Total|||10|283,317|342,623||625,950|447,079|
|Current assets —Cash at bank & In hand|||||||||
|||General||Designated|Restricted|Endowment|This Year|Last Year|
|CBFAccount||71,782|||||71,782|237,402|
|Church
Repair Fund —church||||1,158|||1,158|1,153|
|Church
Repair Fund —60||||818|||818|729|
|Childscroft|Road||||||||
|Heritage
Fund CBFAccount|||||3,127||3,127|3,085|
|Operating
Account||170,522||(141,258)|1,240||30,504|18,291|
|Petty Cash||||||||16|
|Heritage
Fund Account|||660||7,784||8,444|8,444|
|Millennium|Centre Current|31,584|||||31.584|5,768|
|Account|||||||||
|Tied Income|Account|2,752|||9,278||12,030|1,904|
|Millennium|Centre Petty Cash|||||||10|
|Total||277|300|(139s282)|21s428||159,447|277,511|
|Current assets —Debtors|||||||||
|||General||Designated|Restricted|Endowment|This Year|Last Year|
|income Tax|Recoverable|2,652|||||2,652|(2)|
|General
Fund Prepayments||||||||1,435|
|General
Fund Accrued Income||1,558|||||1,558|20,273|
|Millennium|Centre —Hire|||||||22|
|debtors|||||||||
|Millennium|Centre -Accrued|||||||1,361|
|Income|||||||||
|Sunburst Bookshop-|||||||||
|Prepayments|||||||||
|Total||4,210|||||4,210|23,089|
##
|Liabilities —Agency Accounts|Liabilities —Agency Accounts|||||||
|---|---|---|---|---|---|---|---|
|||General|Designated|Restricted|Endowment|This Year|Last Year|
|Agency collections||||6,383||6,383|2,435|
|Tote I||||6,383||6,383|2,435|
|Liabilities —Creditors: Amounts||falling due In|one year|||||
|||General|Designated|Restricted|Endowment|This Year|Last Year|
|General fund accruals
Deferred income
Creditors for goods 8,services
NatWest
Business
Card
MC —Accruals||6,552
1,400
2,794||4,135||10,687
1,400
2,794|2,808
3,793
1,397|
|MC —Deferred income|||||||861|
|MC —Creditors—||||||||
|Goods/services||||||||
|MC Security deposits||50||||50|650|
|repayable||||||||
|Total||10,796||4,135||14,931|9,509|
|Grand Total||270~726|144p035|353p532||768,293|735,734|
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||Opening|Incoming|Outgoing|Transfers|Gale/Loss|Journal|Closing|
|---|---|---|---|---|---|---|---|
||Balance|resources|resources|||Entries|Balance|
|Church
Repair Fund|2,589|9||(839)|||1,759|
|(Designated)||||||||
|Designated
Fixed|167,106||29,736|||(338)|137,031|
|Assets (Designated)||||||||
|Heritage
Fund|10,868|40|||||10,908|
|(Restricted)||||||||
|St Margaret's|2,031||824||||1,207|
|Millennium
Centre||||||||
|(Designated)||||||||
|St Marga r et's|354,389||11,767||||342,622|
|Millennium
Centre||||||||
|(Restricted)||||||||
|General
Fund|198,748|343,496|268,321|839|||274,762|
|(JJnrestricted)||||||||
|Grand Total|735,734|343,547|310,647|||(338)|768,293|
##
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|||Unrestricted|Designated|Restricted|Endowment|Total|Prior Year|
|---|---|---|---|---|---|---|---|
|||Funds|Funds|Funds|Funds|Funds|Funds|
|INCOME AND||||||||
|ENDOWMENTS||||||||
|Donations
and legacies||154,931||||154,931|216,688|
|Income from charitable|activities|16,669||||16,669|12,127|
|Other trading
activities||50,773||||50,773|53,256|
|Investments||2,184|72|||2,256|7,395|
|Other income||5,837|135,098|||140,996|10,679|
|Total Income||230p456|135'171|||365,627|300,146|
|EXPENDITURE ON||||||||
|Raising funds||60,585|(1,532)|||59,052|43,755|
|Expenditure
on charitable||216,675|25,098|11,767||253,540|429,810|
|activities||||||||
|Total Expenditure||277p260|23565|11p767||312,593|473,565|
|Net income / (expenditure)
resources before transfer||(46,804)|111,605|(11,767)||53,033|(173,419)|
|Transfers||||||||
|Gross transfers
between|funds-|153,883|571|||154,454|251,956|
|in||||||||
|Gross transfers
between
ou't|funds|(571)|(153,883)|||(154,454)|(251,956)|
|Other recognised gains/losses||||||||
|Gains
/ losses on investment
assets||||||2|(6)|
|Gains on revaluation,
fixed assets,||||||||
|charity's
own use||||||||
|Net movement
in funds||106,510|(41,706)|(11,767)||53,036|(173,425)|
|Reconciliation offunds||||||
|---|---|---|---|---|---|
|Total funds brought forward|92~238|213433|377p025|682,697|856,123|
|Total funds carried forward|198p748|171,727|365,258|735,734|682,697|
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|3a. Fixed Assets||||||
|---|---|---|---|---|---|
||Restricted|Designated|Designated|Designated||
||freehold|freehold|fixtures
and|office|Total|
||property|property|fittings|equipment||
|Tangible fixed assets||||||
|Gross book value||||||
|At 1January 2022|601604|60000|122766|21153|805,523|
|Additions||217500||4037|221,537|
|~Isposals||||||
|At 31December 2021|601,604|277,500|122,766|25,190|1,027,060|
|Depreciation||||||
|At 1ianuary 2022|247,214|20,833|79,126|11,642|358,815|
|Charge for the year|11,767|5,573|19,693|5,272|42,305|
|Dlsposals||||||
|At 31December 2022|258,981|26,406|98,819|16,914|401,120|
|iget book value||||||
|At 31December 2022|342,623|251,094|23,947|8,276|625,940|
|At 31December 2021|354,390|39,167|43,640|9,873|447,070|
##