REGISTERED CHARITY NUMBER: 1136147
REPORT OF THE TRUSTEES AND
FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022
FOR
ST PETERS CHURCH PCC
Taylor-Roalfe Old Cottage Boughton Green Kent ME17 4LT
ST PETERS CHURCH PCC
CONTENTS OF THE FINANCIAL STATEMENTS For The Year Ended 31 December 2022
| Page | |
|---|---|
| Report of the Trustees | 1 to 3 |
| Independent Examiner's Report | 4 |
| Statement of Financial Activities | 5 |
| Balance Sheet | 6 |
| Notes to the Financial Statements | 7 to 14 |
| Detailed Statement of Financial Activities | 15 to 16 |
ST PETERS CHURCH PCC
REPORT OF THE TRUSTEES For The Year Ended 31 December 2022
The PCC present their report with the financial statements of the PCC for the year ended 31st December 2022. The PCC have adopted the provisions of the Statement of recommended Practice (FRSSE) "Accounting and Reporting by Charities" issued in January 2015 together with the Church Accounting Regulations 2006 (the Regulations) and section 145 of the Charities Act 2011 (the 2011 Act).
OBJECTIVES AND ACTIVITIES
Objectives and aims
The PCC has the responsibility of co-operating with the Vicar and assistant Ministers in promoting in the ecclesiastical parish the whole mission of the Church. It also has responsibilities to maintain the Church building and Churchyard.
The PCC is committed to enabling as many people as possible to worship at our church and to become part of our church community. Our services reflect this through prayer, Bible readings, worship and sacrament.
When planning our activities the Vicar, Assistant ministers and the PCC have considered the Commission's guidance on public benefit and, in particular, the specific guidance on charities for the advancement of religion. we achieve this through:
Worship and prayer, learning about the bible and developing a knowledge and trust in Jesus. Provision of pastoral care for people living in the parish. Missionary and outreach work.
Significant activities
When planning our activities the Vicar, Assistant ministers and the PCC have considered the Commission's guidance on public benefit and, in particular, the specific guidance on charities for the advancement of religion.
The PCC is committed to enabling as many people as possible to worship at our church and to become part of our church community. Our services reflect this through prayer, Bible readings, worship and sacrament.
Public benefit
The PCC is continuing to reach out to those within the community and offering help, especially of a pastoral nature. This is achieved through:
Worship and prayer, learning about the bible and developing a knowledge and trust in Jesus. Provision of pastoral care for people living in the parish. Missionary and outreach work.
Grantmaking
The PCC continues to make institutional grants at their discretion.
Volunteers
Members of the PCC act in a voluntary capacity and very much rely on the assistance of people outside of Council. It has not been possible to quantify the value of volunteers.
ACHIEVEMENT AND PERFORMANCE
Charitable activities
Income from charitable activities continued to be adversely affected by the COVID 19 pandemic.
Fundraising activities
Income from fundraising activities also continued to be adversely affected by the COVID 19 pandemic.
Page 1
ST PETERS CHURCH PCC
REPORT OF THE TRUSTEES For The Year Ended 31 December 2022
ACHIEVEMENT AND PERFORMANCE
The PCC offer a range of services during the course of each month, from the traditional Anglican service to the Junction Church meeting every Sunday in the village hall which offers an alternative service. The church is a member of WayPoint Churches Together in Maidstone.
Rotas operate for the provision of Church Flowers, Church Guiding, Church refreshments, Sidespersons, Readers, and the Sound Deck operation..
One member of the PCC sitting on the Deanery Synod stood down on 10th October 2022. That place was taken up by one existing Diocesan Synod member.One of the three members of the PCC sitting on the Diocesan Synod stood down on 10th October 2022.Two members continued to represent the PCC at Diocesan Synod. This provides a link with the wider structure of the church.
FINANCIAL REVIEW
Reserves policy
It is the policy of the PCC to set aside as current reserves two months of annual current expenditure, and to the extent that it is possible, build up capital reserves towards that needed for the recommended works identified in the latest Quinquennial Inspection Report.
FUTURE PLANS
Essential repairs to the fabric of the church will continue, and fundraising will continue to raise funds to repair the church roof. This is a long term project.
STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document
The charity is controlled by its governing document.
Recruitment and appointment of new trustees
The method of appointment of PCC members is set out in the Church Representation Rules. All church attendees are encouraged to register on the electoral roll and stand for election to the PCC.
Organisational structure
The Chairman of the PCC will normally be a church warden and will be formally elected. The Vicar, Assistant Ministers and Church wardens are automatically members. All other members of the PCC are elected.
Induction and training of new trustees
All new members of the PCC are properly mentored by a serving member and provided with a leaflet setting out their duties and responsibilities.
Related parties
There were no related party transactions during the year.
The PCC met for 6 regular meetings during the year, and the average attendance was 10.5.
REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number
1136147
Page 2
ST PETERS CHURCH PCC
REPORT OF THE TRUSTEES For The Year Ended 31 December 2022
Principal address The Church Office The Vicarage Church Hill Boughton Monchelsea Kent ME17 4BU
Trustees
Rev P Goodey N Willoughby (resigned 25.4.2022) S Goodey K Sanders (resigned 10.10.2022) G Mackley (resigned 10.10.2022) B Knowler A Cornelius M Purkiss F Files A Moore C McIntyre L Darling E Cross
Independent Examiner
Alexander William Staples FCA The Oast Heath Road Boughton Monchelsea ME17 4JD
Approved by order of the board of trustees on ............................................. and signed on its behalf by:
.......................................................................... Rev P Goodey - Trustee
Page 3
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF ST PETERS CHURCH PCC
Independent examiner's report to the trustees of St Peters Church PCC
I report to the charity trustees on my examination of the accounts of St Peters Church PCC (the Trust) for the year ended 31 December 2022.
Responsibilities and basis of report
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act.
Independent examiner's statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
-
accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or
-
the accounts do not accord with those records; or
-
the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Alex Staples
Taylor-Roalfe Old Cottage Boughton Green Kent ME17 4LT
Date: .............................................
Page 4
ST PETERS CHURCH PCC
STATEMENT OF FINANCIAL ACTIVITIES For The Year Ended 31 December 2022
| Unrestricted fund Notes £ INCOME AND ENDOWMENTS FROM Donations and legacies 2 85,890 Charitable activities 5 Charitable activities 11,184 Other trading activities 3 4,482 Investment income 4 49 Total 101,605 EXPENDITURE ON Raising funds 6 4,343 Charitable activities 7 Charitable activities 89,290 Other 375 Total 94,008 NET INCOME/(EXPENDITURE) 7,597 RECONCILIATION OF FUNDS Total funds brought forward 19,245 TOTAL FUNDS CARRIED FORWARD 26,842 |
Restricted fund £ - - - - - - - - - - 15,380 15,380 |
31.12.22 31.12.21 Total Total funds funds £ £ 85,890 83,603 11,184 8,403 4,482 4,259 49 33 101,605 96,298 4,343 1,264 89,290 114,944 375 - 94,008 116,208 7,597 (19,910) 34,625 54,535 42,222 34,625 |
|---|---|---|
The notes form part of these financial statements
Page 5
ST PETERS CHURCH PCC
BALANCE SHEET 31 December 2022
| 31.12.22 | 31.12.21 | |||||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | |||
| fund | fund | funds | funds | |||
| Notes | £ | £ | £ | £ | ||
| FIXED ASSETS | ||||||
| Tangible assets | 13 | 7,044 | - | 7,044 | 3,304 | |
| CURRENT ASSETS | ||||||
| Debtors | 14 | 2,022 | - | 2,022 | 2,093 | |
| Cash at bank and in hand | 18,525 | 15,380 | 33,905 | 31,290 | ||
| 20,547 | 15,380 | 35,927 | 33,383 | |||
| CREDITORS | ||||||
| Amounts falling due within one year | 15 | (749) | - | (749) | (2,062) | |
| NET CURRENT ASSETS | 19,798 | 15,380 | 35,178 | 31,321 | ||
| TOTAL ASSETS LESS CURRENT | ||||||
| LIABILITIES | 26,842 | 15,380 | 42,222 | 34,625 | ||
| NET ASSETS | 26,842 | 15,380 | 42,222 | 34,625 | ||
| FUNDS | 16 | |||||
| Unrestricted funds | 26,842 | 19,245 | ||||
| Restricted funds | 15,380 | 15,380 | ||||
| TOTAL FUNDS | 42,222 | 34,625 |
The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by:
............................................. Rev P Goodey - Trustee
The notes form part of these financial statements
Page 6
ST PETERS CHURCH PCC
NOTES TO THE FINANCIAL STATEMENTS For The Year Ended 31 December 2022
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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 (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 20% on reducing balance Computer equipment - 20% on reducing balance
Taxation
The charity is exempt from tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
Hire purchase and leasing commitments
Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease.
continued...
Page 7
ST PETERS CHURCH PCC
NOTES TO THE FINANCIAL STATEMENTS - continued For The Year Ended 31 December 2022
| 2. | DONATIONS AND LEGACIES | DONATIONS AND LEGACIES | ||
|---|---|---|---|---|
| 31.12.22 | 31.12.21 | |||
| £ | £ | |||
| Gifts & donations | 7,472 | 4,245 | ||
| Planned giving | 53,382 | 59,643 | ||
| Gift aid | 13,659 | 15,077 | ||
| Collections | 7,760 | 4,164 | ||
| Grants | 3,617 | 474 | ||
| 85,890 | 83,603 | |||
| Grants received, included in the above, are as follows: | ||||
| 31.12.22 | 31.12.21 | |||
| £ | £ | |||
| Other grants | 3,617 | 474 | ||
| 3. | OTHER TRADING ACTIVITIES | |||
| 31.12.22 | 31.12.21 | |||
| £ | £ | |||
| Fundraising | 1,666 | 1,932 | ||
| Other trading activities | 2,816 | 2,327 | ||
| 4,482 | 4,259 | |||
| 4. | INVESTMENT INCOME | |||
| 31.12.22 | 31.12.21 | |||
| £ | £ | |||
| Deposit account interest | 49 | 33 | ||
| 5. | INCOME FROM CHARITABLE ACTIVITIES | |||
| 31.12.22 | 31.12.21 | |||
| Activity | £ | £ | ||
| Fees | Charitable activities | 11,184 | 8,403 | |
| Grants received, included in the above, are as follows: | ||||
| 31.12.22 | 31.12.21 | |||
| £ | £ |
continued...
Page 8
ST PETERS CHURCH PCC
NOTES TO THE FINANCIAL STATEMENTS - continued For The Year Ended 31 December 2022
6. RAISING FUNDS
Raising donations and legacies
| Raising donations and legacies | ||
|---|---|---|
| 31.12.22 | 31.12.21 | |
| £ | £ | |
| Activities costs | 1,477 | 982 |
| Fundraising hall hire | 2,866 | 282 |
| 4,343 | 1,264 |
7. CHARITABLE ACTIVITIES COSTS
| Charitable activities 8. GRANTS PAYABLE Charitable activities 9. SUPPORT COSTS |
Grant funding of activities Support Direct (see note costs (see Costs 8) note 9) Totals £ £ £ £ 75,276 1,158 12,856 89,290 31.12.22 31.12.21 £ £ 1,158 863 |
Totals £ 89,290 |
Totals £ 89,290 |
|---|---|---|---|
| Management £ Other resources expended - Charitable activities 12,680 12,680 |
Governance Finance costs £ £ - 375 176 - 176 375 |
Totals £ 375 12,856 |
|---|---|---|
| 13,231 |
10. TRUSTEES' REMUNERATION AND BENEFITS
Elizabeth Cross is not remunerated for acting as a Trustee, but is employed as Church administrator which is a remunerated position, and was elected to a full three year PCC term of office on 25th April 2022,
continued...
Page 9
ST PETERS CHURCH PCC
NOTES TO THE FINANCIAL STATEMENTS - continued For The Year Ended 31 December 2022
10. TRUSTEES' REMUNERATION AND BENEFITS - continued
Trustees' expenses
Trustees were only reimbursed for out of pocket expenses.
| 11. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted fund £ INCOME AND ENDOWMENTS FROM Donations and legacies 83,603 Charitable activities Charitable activities 8,403 Other trading activities 4,259 Investment income 33 Total 96,298 EXPENDITURE ON Raising funds 1,264 Charitable activities Charitable activities 114,944 Total 116,208 NET INCOME/(EXPENDITURE) (19,910) Transfers between funds 7,811 Net movement in funds (12,099) RECONCILIATION OF FUNDS Total funds brought forward 31,344 TOTAL FUNDS CARRIED FORWARD 19,245 |
Restricted fund £ - - - - - - - - - (7,811) (7,811) 23,191 15,380 |
Total funds £ 83,603 8,403 4,259 33 96,298 1,264 114,944 116,208 (19,910) - (19,910) 54,535 34,625 |
|---|---|---|
continued...
Page 10
ST PETERS CHURCH PCC
NOTES TO THE FINANCIAL STATEMENTS - continued For The Year Ended 31 December 2022
12. PROFESSIONAL FEES
Taylor-Roalfe have provided their accountancy and book keeping services free of charge for the year.
13. TANGIBLE FIXED ASSETS
| COST At 1 January 2022 Additions At 31 December 2022 DEPRECIATION At 1 January 2022 Charge for year At 31 December 2022 NET BOOK VALUE At 31 December 2022 At 31 December 2021 14. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Other debtors Prepayments |
Fixtures and Computer fittings equipment Totals £ £ £ 69,410 5,514 74,924 5,500 - 5,500 74,910 5,514 80,424 67,498 4,122 71,620 1,482 278 1,760 68,980 4,400 73,380 5,930 1,114 7,044 1,912 1,392 3,304 31.12.22 31.12.21 £ £ 2,022 2,092 - 1 2,022 2,093 |
|---|---|
continued...
Page 11
ST PETERS CHURCH PCC
NOTES TO THE FINANCIAL STATEMENTS - continued For The Year Ended 31 December 2022
15. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
| Payments on account Trade creditors Other creditors 16. MOVEMENT IN FUNDS Unrestricted funds General fund Restricted funds Roof Fund TOTAL FUNDS Net movement in funds, included in the above are as follows: Unrestricted funds General fund TOTAL FUNDS |
At 1.1.22 £ 19,245 15,380 34,625 Incoming resources £ 101,605 101,605 |
31.12.22 31.12.21 £ £ 750 - (1) - - 2,062 749 2,062 Net movement At in funds 31.12.22 £ £ 7,597 26,842 - 15,380 7,597 42,222 Resources Movement expended in funds £ £ (94,008) 7,597 (94,008) 7,597 |
|---|---|---|
Comparatives for movement in funds
| Net | Transfers | |||
|---|---|---|---|---|
| movement | between | At | ||
| At 1.1.21 | in funds | funds | 31.12.21 | |
| £ | £ | £ | £ | |
| Unrestricted funds | ||||
| General fund | 31,344 | (19,910) | 7,811 | 19,245 |
| Restricted funds | ||||
| Roof Fund | 23,191 | - | (7,811) | 15,380 |
| TOTAL FUNDS | 54,535 | (19,910) | - | 34,625 |
continued...
Page 12
ST PETERS CHURCH PCC
NOTES TO THE FINANCIAL STATEMENTS - continued For The Year Ended 31 December 2022
16. MOVEMENT IN FUNDS - continued
Comparative net movement in funds, included in the above are as follows:
| Unrestricted funds General fund TOTAL FUNDS |
Incoming resources £ 96,298 96,298 |
Resources Movement expended in funds £ £ (116,208) (19,910) (116,208) (19,910) |
|---|---|---|
A current year 12 months and prior year 12 months combined position is as follows:
| Net | Transfers | |||
|---|---|---|---|---|
| movement | between | At | ||
| At 1.1.21 | in funds | funds | 31.12.22 | |
| £ | £ | £ | £ | |
| Unrestricted funds | ||||
| General fund | 31,344 | (12,313) | 7,811 | 26,842 |
| Restricted funds | ||||
| Roof Fund | 23,191 | - | (7,811) | 15,380 |
| TOTAL FUNDS | 54,535 | (12,313) | - | 42,222 |
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Unrestricted funds General fund TOTAL FUNDS |
Incoming resources £ 197,903 197,903 |
Resources Movement expended in funds £ £ (210,216) (12,313) (210,216) (12,313) |
|---|---|---|
continued...
Page 13
ST PETERS CHURCH PCC
NOTES TO THE FINANCIAL STATEMENTS - continued For The Year Ended 31 December 2022
17. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 December 2022.
Page 14
ST PETERS CHURCH PCC
| DETAILED STATEMENT OF FINANCIAL ACTIVITIES | ||
|---|---|---|
| For The Year Ended 31 December 2022 | ||
| 31.12.22 | 31.12.21 | |
| £ | £ | |
| INCOME AND ENDOWMENTS | ||
| Donations and legacies | ||
| Gifts & donations | 7,472 | 4,245 |
| Planned giving | 53,382 | 59,643 |
| Gift aid | 13,659 | 15,077 |
| Collections | 7,760 | 4,164 |
| Grants | 3,617 | 474 |
| 85,890 | 83,603 | |
| Other trading activities | ||
| Fundraising | 1,666 | 1,932 |
| Other trading activities | 2,816 | 2,327 |
| 4,482 | 4,259 | |
| Investment income | ||
| Deposit account interest | 49 | 33 |
| Charitable activities | ||
| Fees | 11,184 | 8,403 |
| Total incoming resources | 101,605 | 96,298 |
| EXPENDITURE | ||
| Raising donations and legacies | ||
| Activities costs | 1,477 | 982 |
| Fundraising hall hire | 2,866 | 282 |
| 4,343 | 1,264 | |
| Charitable activities | ||
| Organ | 300 | 225 |
| Church services | 2,455 | 1,488 |
| Youth work | - | 252 |
| Insurance | 4,869 | 4,822 |
| Light and heat | 5,941 | 3,571 |
| Books & periodicals | - | 460 |
| Upkeep | 3,920 | 3,557 |
| Sundries | 1,251 | 895 |
| Parish share | 55,300 | 86,154 |
| Travel expenses | 1,240 | 899 |
| Carried forward | 75,276 | 102,323 |
This page does not form part of the statutory financial statements
Page 15
ST PETERS CHURCH PCC
| DETAILED STATEMENT OF FINANCIAL ACTIVITIES | |||
|---|---|---|---|
| For The Year Ended 31 December 2022 | |||
| 31.12.22 | 31.12.21 | ||
| £ | £ | ||
| Charitable activities | |||
| Brought forward | 75,276 | 102,323 | |
| Grants to institutions | 1,158 | 863 | |
| 76,434 | 103,186 | ||
| Support costs | |||
| Management | |||
| Telephone | 2,298 | 2,270 | |
| Postage and stationery | 782 | 451 | |
| General administration | 7,840 | 7,449 | |
| Fixtures and fittings | 1,482 | 478 | |
| Computer equipment | 278 | 346 | |
| 12,680 | 10,994 | ||
| Finance | |||
| Bank charges | 176 | 224 | |
| Governance costs | |||
| Accountancy and legal fees | - | 540 | |
| Independent Examiners Fee | 375 | - | |
| 375 | 540 | ||
| Total resources expended | 94,008 | 116,208 | |
| Net income/(expenditure) | 7,597 | (19,910) |
This page does not form part of the statutory financial statements
Page 16
REGISTERED CHARITY NUMBER: 1136147
REPORT OF THE TRUSTEES AND
FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022
FOR
ST PETERS CHURCH PCC
Taylor-Roalfe Old Cottage Boughton Green Kent ME17 4LT
ST PETERS CHURCH PCC
CONTENTS OF THE FINANCIAL STATEMENTS For The Year Ended 31 December 2022
| Page | |
|---|---|
| Report of the Trustees | 1 to 3 |
| Independent Examiner's Report | 4 |
| Statement of Financial Activities | 5 |
| Balance Sheet | 6 |
| Notes to the Financial Statements | 7 to 14 |
| Detailed Statement of Financial Activities | 15 to 16 |
ST PETERS CHURCH PCC
REPORT OF THE TRUSTEES For The Year Ended 31 December 2022
The PCC present their report with the financial statements of the PCC for the year ended 31st December 2022. The PCC have adopted the provisions of the Statement of recommended Practice (FRSSE) "Accounting and Reporting by Charities" issued in January 2015 together with the Church Accounting Regulations 2006 (the Regulations) and section 145 of the Charities Act 2011 (the 2011 Act).
OBJECTIVES AND ACTIVITIES
Objectives and aims
The PCC has the responsibility of co-operating with the Vicar and assistant Ministers in promoting in the ecclesiastical parish the whole mission of the Church. It also has responsibilities to maintain the Church building and Churchyard.
The PCC is committed to enabling as many people as possible to worship at our church and to become part of our church community. Our services reflect this through prayer, Bible readings, worship and sacrament.
When planning our activities the Vicar, Assistant ministers and the PCC have considered the Commission's guidance on public benefit and, in particular, the specific guidance on charities for the advancement of religion. we achieve this through:
Worship and prayer, learning about the bible and developing a knowledge and trust in Jesus. Provision of pastoral care for people living in the parish. Missionary and outreach work.
Significant activities
When planning our activities the Vicar, Assistant ministers and the PCC have considered the Commission's guidance on public benefit and, in particular, the specific guidance on charities for the advancement of religion.
The PCC is committed to enabling as many people as possible to worship at our church and to become part of our church community. Our services reflect this through prayer, Bible readings, worship and sacrament.
Public benefit
The PCC is continuing to reach out to those within the community and offering help, especially of a pastoral nature. This is achieved through:
Worship and prayer, learning about the bible and developing a knowledge and trust in Jesus. Provision of pastoral care for people living in the parish. Missionary and outreach work.
Grantmaking
The PCC continues to make institutional grants at their discretion.
Volunteers
Members of the PCC act in a voluntary capacity and very much rely on the assistance of people outside of Council. It has not been possible to quantify the value of volunteers.
ACHIEVEMENT AND PERFORMANCE
Charitable activities
Income from charitable activities continued to be adversely affected by the COVID 19 pandemic.
Fundraising activities
Income from fundraising activities also continued to be adversely affected by the COVID 19 pandemic.
Page 1
ST PETERS CHURCH PCC
REPORT OF THE TRUSTEES For The Year Ended 31 December 2022
ACHIEVEMENT AND PERFORMANCE
The PCC offer a range of services during the course of each month, from the traditional Anglican service to the Junction Church meeting every Sunday in the village hall which offers an alternative service. The church is a member of WayPoint Churches Together in Maidstone.
Rotas operate for the provision of Church Flowers, Church Guiding, Church refreshments, Sidespersons, Readers, and the Sound Deck operation..
One member of the PCC sitting on the Deanery Synod stood down on 10th October 2022. That place was taken up by one existing Diocesan Synod member.One of the three members of the PCC sitting on the Diocesan Synod stood down on 10th October 2022.Two members continued to represent the PCC at Diocesan Synod. This provides a link with the wider structure of the church.
FINANCIAL REVIEW
Reserves policy
It is the policy of the PCC to set aside as current reserves two months of annual current expenditure, and to the extent that it is possible, build up capital reserves towards that needed for the recommended works identified in the latest Quinquennial Inspection Report.
FUTURE PLANS
Essential repairs to the fabric of the church will continue, and fundraising will continue to raise funds to repair the church roof. This is a long term project.
STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document
The charity is controlled by its governing document.
Recruitment and appointment of new trustees
The method of appointment of PCC members is set out in the Church Representation Rules. All church attendees are encouraged to register on the electoral roll and stand for election to the PCC.
Organisational structure
The Chairman of the PCC will normally be a church warden and will be formally elected. The Vicar, Assistant Ministers and Church wardens are automatically members. All other members of the PCC are elected.
Induction and training of new trustees
All new members of the PCC are properly mentored by a serving member and provided with a leaflet setting out their duties and responsibilities.
Related parties
There were no related party transactions during the year.
The PCC met for 6 regular meetings during the year, and the average attendance was 10.5.
REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number
1136147
Page 2
ST PETERS CHURCH PCC
REPORT OF THE TRUSTEES For The Year Ended 31 December 2022
Principal address The Church Office The Vicarage Church Hill Boughton Monchelsea Kent ME17 4BU
Trustees
Rev P Goodey N Willoughby (resigned 25.4.2022) S Goodey K Sanders (resigned 10.10.2022) G Mackley (resigned 10.10.2022) B Knowler A Cornelius M Purkiss F Files A Moore C McIntyre L Darling E Cross
Independent Examiner
Alexander William Staples FCA The Oast Heath Road Boughton Monchelsea ME17 4JD
Approved by order of the board of trustees on ............................................. and signed on its behalf by:
.......................................................................... Rev P Goodey - Trustee
Page 3
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF ST PETERS CHURCH PCC
Independent examiner's report to the trustees of St Peters Church PCC
I report to the charity trustees on my examination of the accounts of St Peters Church PCC (the Trust) for the year ended 31 December 2022.
Responsibilities and basis of report
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act.
Independent examiner's statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
-
accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or
-
the accounts do not accord with those records; or
-
the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Alex Staples
Taylor-Roalfe Old Cottage Boughton Green Kent ME17 4LT
Date: .............................................
Page 4
ST PETERS CHURCH PCC
STATEMENT OF FINANCIAL ACTIVITIES For The Year Ended 31 December 2022
| Unrestricted fund Notes £ INCOME AND ENDOWMENTS FROM Donations and legacies 2 85,890 Charitable activities 5 Charitable activities 11,184 Other trading activities 3 4,482 Investment income 4 49 Total 101,605 EXPENDITURE ON Raising funds 6 4,343 Charitable activities 7 Charitable activities 89,290 Other 375 Total 94,008 NET INCOME/(EXPENDITURE) 7,597 RECONCILIATION OF FUNDS Total funds brought forward 19,245 TOTAL FUNDS CARRIED FORWARD 26,842 |
Restricted fund £ - - - - - - - - - - 15,380 15,380 |
31.12.22 31.12.21 Total Total funds funds £ £ 85,890 83,603 11,184 8,403 4,482 4,259 49 33 101,605 96,298 4,343 1,264 89,290 114,944 375 - 94,008 116,208 7,597 (19,910) 34,625 54,535 42,222 34,625 |
|---|---|---|
The notes form part of these financial statements
Page 5
ST PETERS CHURCH PCC
BALANCE SHEET 31 December 2022
| 31.12.22 | 31.12.21 | |||||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | |||
| fund | fund | funds | funds | |||
| Notes | £ | £ | £ | £ | ||
| FIXED ASSETS | ||||||
| Tangible assets | 13 | 7,044 | - | 7,044 | 3,304 | |
| CURRENT ASSETS | ||||||
| Debtors | 14 | 2,022 | - | 2,022 | 2,093 | |
| Cash at bank and in hand | 18,525 | 15,380 | 33,905 | 31,290 | ||
| 20,547 | 15,380 | 35,927 | 33,383 | |||
| CREDITORS | ||||||
| Amounts falling due within one year | 15 | (749) | - | (749) | (2,062) | |
| NET CURRENT ASSETS | 19,798 | 15,380 | 35,178 | 31,321 | ||
| TOTAL ASSETS LESS CURRENT | ||||||
| LIABILITIES | 26,842 | 15,380 | 42,222 | 34,625 | ||
| NET ASSETS | 26,842 | 15,380 | 42,222 | 34,625 | ||
| FUNDS | 16 | |||||
| Unrestricted funds | 26,842 | 19,245 | ||||
| Restricted funds | 15,380 | 15,380 | ||||
| TOTAL FUNDS | 42,222 | 34,625 |
The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by:
............................................. Rev P Goodey - Trustee
The notes form part of these financial statements
Page 6
ST PETERS CHURCH PCC
NOTES TO THE FINANCIAL STATEMENTS For The Year Ended 31 December 2022
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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 (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 20% on reducing balance Computer equipment - 20% on reducing balance
Taxation
The charity is exempt from tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
Hire purchase and leasing commitments
Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease.
continued...
Page 7
ST PETERS CHURCH PCC
NOTES TO THE FINANCIAL STATEMENTS - continued For The Year Ended 31 December 2022
| 2. | DONATIONS AND LEGACIES | DONATIONS AND LEGACIES | ||
|---|---|---|---|---|
| 31.12.22 | 31.12.21 | |||
| £ | £ | |||
| Gifts & donations | 7,472 | 4,245 | ||
| Planned giving | 53,382 | 59,643 | ||
| Gift aid | 13,659 | 15,077 | ||
| Collections | 7,760 | 4,164 | ||
| Grants | 3,617 | 474 | ||
| 85,890 | 83,603 | |||
| Grants received, included in the above, are as follows: | ||||
| 31.12.22 | 31.12.21 | |||
| £ | £ | |||
| Other grants | 3,617 | 474 | ||
| 3. | OTHER TRADING ACTIVITIES | |||
| 31.12.22 | 31.12.21 | |||
| £ | £ | |||
| Fundraising | 1,666 | 1,932 | ||
| Other trading activities | 2,816 | 2,327 | ||
| 4,482 | 4,259 | |||
| 4. | INVESTMENT INCOME | |||
| 31.12.22 | 31.12.21 | |||
| £ | £ | |||
| Deposit account interest | 49 | 33 | ||
| 5. | INCOME FROM CHARITABLE ACTIVITIES | |||
| 31.12.22 | 31.12.21 | |||
| Activity | £ | £ | ||
| Fees | Charitable activities | 11,184 | 8,403 | |
| Grants received, included in the above, are as follows: | ||||
| 31.12.22 | 31.12.21 | |||
| £ | £ |
continued...
Page 8
ST PETERS CHURCH PCC
NOTES TO THE FINANCIAL STATEMENTS - continued For The Year Ended 31 December 2022
6. RAISING FUNDS
Raising donations and legacies
| Raising donations and legacies | ||
|---|---|---|
| 31.12.22 | 31.12.21 | |
| £ | £ | |
| Activities costs | 1,477 | 982 |
| Fundraising hall hire | 2,866 | 282 |
| 4,343 | 1,264 |
7. CHARITABLE ACTIVITIES COSTS
| Charitable activities 8. GRANTS PAYABLE Charitable activities 9. SUPPORT COSTS |
Grant funding of activities Support Direct (see note costs (see Costs 8) note 9) Totals £ £ £ £ 75,276 1,158 12,856 89,290 31.12.22 31.12.21 £ £ 1,158 863 |
Totals £ 89,290 |
Totals £ 89,290 |
|---|---|---|---|
| Management £ Other resources expended - Charitable activities 12,680 12,680 |
Governance Finance costs £ £ - 375 176 - 176 375 |
Totals £ 375 12,856 |
|---|---|---|
| 13,231 |
10. TRUSTEES' REMUNERATION AND BENEFITS
Elizabeth Cross is not remunerated for acting as a Trustee, but is employed as Church administrator which is a remunerated position, and was elected to a full three year PCC term of office on 25th April 2022,
continued...
Page 9
ST PETERS CHURCH PCC
NOTES TO THE FINANCIAL STATEMENTS - continued For The Year Ended 31 December 2022
10. TRUSTEES' REMUNERATION AND BENEFITS - continued
Trustees' expenses
Trustees were only reimbursed for out of pocket expenses.
| 11. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted fund £ INCOME AND ENDOWMENTS FROM Donations and legacies 83,603 Charitable activities Charitable activities 8,403 Other trading activities 4,259 Investment income 33 Total 96,298 EXPENDITURE ON Raising funds 1,264 Charitable activities Charitable activities 114,944 Total 116,208 NET INCOME/(EXPENDITURE) (19,910) Transfers between funds 7,811 Net movement in funds (12,099) RECONCILIATION OF FUNDS Total funds brought forward 31,344 TOTAL FUNDS CARRIED FORWARD 19,245 |
Restricted fund £ - - - - - - - - - (7,811) (7,811) 23,191 15,380 |
Total funds £ 83,603 8,403 4,259 33 96,298 1,264 114,944 116,208 (19,910) - (19,910) 54,535 34,625 |
|---|---|---|
continued...
Page 10
ST PETERS CHURCH PCC
NOTES TO THE FINANCIAL STATEMENTS - continued For The Year Ended 31 December 2022
12. PROFESSIONAL FEES
Taylor-Roalfe have provided their accountancy and book keeping services free of charge for the year.
13. TANGIBLE FIXED ASSETS
| COST At 1 January 2022 Additions At 31 December 2022 DEPRECIATION At 1 January 2022 Charge for year At 31 December 2022 NET BOOK VALUE At 31 December 2022 At 31 December 2021 14. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Other debtors Prepayments |
Fixtures and Computer fittings equipment Totals £ £ £ 69,410 5,514 74,924 5,500 - 5,500 74,910 5,514 80,424 67,498 4,122 71,620 1,482 278 1,760 68,980 4,400 73,380 5,930 1,114 7,044 1,912 1,392 3,304 31.12.22 31.12.21 £ £ 2,022 2,092 - 1 2,022 2,093 |
|---|---|
continued...
Page 11
ST PETERS CHURCH PCC
NOTES TO THE FINANCIAL STATEMENTS - continued For The Year Ended 31 December 2022
15. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
| Payments on account Trade creditors Other creditors 16. MOVEMENT IN FUNDS Unrestricted funds General fund Restricted funds Roof Fund TOTAL FUNDS Net movement in funds, included in the above are as follows: Unrestricted funds General fund TOTAL FUNDS |
At 1.1.22 £ 19,245 15,380 34,625 Incoming resources £ 101,605 101,605 |
31.12.22 31.12.21 £ £ 750 - (1) - - 2,062 749 2,062 Net movement At in funds 31.12.22 £ £ 7,597 26,842 - 15,380 7,597 42,222 Resources Movement expended in funds £ £ (94,008) 7,597 (94,008) 7,597 |
|---|---|---|
Comparatives for movement in funds
| Net | Transfers | |||
|---|---|---|---|---|
| movement | between | At | ||
| At 1.1.21 | in funds | funds | 31.12.21 | |
| £ | £ | £ | £ | |
| Unrestricted funds | ||||
| General fund | 31,344 | (19,910) | 7,811 | 19,245 |
| Restricted funds | ||||
| Roof Fund | 23,191 | - | (7,811) | 15,380 |
| TOTAL FUNDS | 54,535 | (19,910) | - | 34,625 |
continued...
Page 12
ST PETERS CHURCH PCC
NOTES TO THE FINANCIAL STATEMENTS - continued For The Year Ended 31 December 2022
16. MOVEMENT IN FUNDS - continued
Comparative net movement in funds, included in the above are as follows:
| Unrestricted funds General fund TOTAL FUNDS |
Incoming resources £ 96,298 96,298 |
Resources Movement expended in funds £ £ (116,208) (19,910) (116,208) (19,910) |
|---|---|---|
A current year 12 months and prior year 12 months combined position is as follows:
| Net | Transfers | |||
|---|---|---|---|---|
| movement | between | At | ||
| At 1.1.21 | in funds | funds | 31.12.22 | |
| £ | £ | £ | £ | |
| Unrestricted funds | ||||
| General fund | 31,344 | (12,313) | 7,811 | 26,842 |
| Restricted funds | ||||
| Roof Fund | 23,191 | - | (7,811) | 15,380 |
| TOTAL FUNDS | 54,535 | (12,313) | - | 42,222 |
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Unrestricted funds General fund TOTAL FUNDS |
Incoming resources £ 197,903 197,903 |
Resources Movement expended in funds £ £ (210,216) (12,313) (210,216) (12,313) |
|---|---|---|
continued...
Page 13
ST PETERS CHURCH PCC
NOTES TO THE FINANCIAL STATEMENTS - continued For The Year Ended 31 December 2022
17. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 December 2022.
Page 14
ST PETERS CHURCH PCC
| DETAILED STATEMENT OF FINANCIAL ACTIVITIES | ||
|---|---|---|
| For The Year Ended 31 December 2022 | ||
| 31.12.22 | 31.12.21 | |
| £ | £ | |
| INCOME AND ENDOWMENTS | ||
| Donations and legacies | ||
| Gifts & donations | 7,472 | 4,245 |
| Planned giving | 53,382 | 59,643 |
| Gift aid | 13,659 | 15,077 |
| Collections | 7,760 | 4,164 |
| Grants | 3,617 | 474 |
| 85,890 | 83,603 | |
| Other trading activities | ||
| Fundraising | 1,666 | 1,932 |
| Other trading activities | 2,816 | 2,327 |
| 4,482 | 4,259 | |
| Investment income | ||
| Deposit account interest | 49 | 33 |
| Charitable activities | ||
| Fees | 11,184 | 8,403 |
| Total incoming resources | 101,605 | 96,298 |
| EXPENDITURE | ||
| Raising donations and legacies | ||
| Activities costs | 1,477 | 982 |
| Fundraising hall hire | 2,866 | 282 |
| 4,343 | 1,264 | |
| Charitable activities | ||
| Organ | 300 | 225 |
| Church services | 2,455 | 1,488 |
| Youth work | - | 252 |
| Insurance | 4,869 | 4,822 |
| Light and heat | 5,941 | 3,571 |
| Books & periodicals | - | 460 |
| Upkeep | 3,920 | 3,557 |
| Sundries | 1,251 | 895 |
| Parish share | 55,300 | 86,154 |
| Travel expenses | 1,240 | 899 |
| Carried forward | 75,276 | 102,323 |
This page does not form part of the statutory financial statements
Page 15
ST PETERS CHURCH PCC
| DETAILED STATEMENT OF FINANCIAL ACTIVITIES | |||
|---|---|---|---|
| For The Year Ended 31 December 2022 | |||
| 31.12.22 | 31.12.21 | ||
| £ | £ | ||
| Charitable activities | |||
| Brought forward | 75,276 | 102,323 | |
| Grants to institutions | 1,158 | 863 | |
| 76,434 | 103,186 | ||
| Support costs | |||
| Management | |||
| Telephone | 2,298 | 2,270 | |
| Postage and stationery | 782 | 451 | |
| General administration | 7,840 | 7,449 | |
| Fixtures and fittings | 1,482 | 478 | |
| Computer equipment | 278 | 346 | |
| 12,680 | 10,994 | ||
| Finance | |||
| Bank charges | 176 | 224 | |
| Governance costs | |||
| Accountancy and legal fees | - | 540 | |
| Independent Examiners Fee | 375 | - | |
| 375 | 540 | ||
| Total resources expended | 94,008 | 116,208 | |
| Net income/(expenditure) | 7,597 | (19,910) |
This page does not form part of the statutory financial statements
Page 16
CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Section A Independent Examiner's Report Report to the trustees St Peters Church PCC On accounts for the year ended Charity no (If any) 31 Drnber 2022 1136147 Set out on pages 1-16 I report to the trustees on my examination of the accounts of the above charity (Ihe Trusf) for Ihe year ended 3111212022 Responsibilities and basis of report As the charitys trustees. you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Acf). I report in respect of my examination of the Trust's accounts carried out under section 145 of the 2011 Act and in carying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145{5)(b) of the Act. Independent tThe charity's gross income exceeded £250,000 and l am qualified to examiner's statement undertake the examination by being a qualtfied member of linsert name of applicable listed body]]- Delete [ ] rfnot applicable. I have completed my examination. I confim Ihat no material matters have corne to my attention in connection with the examination (other than that disclosed below") which gives me cxuse to believe that in, any material respecL" the accounting records were not kept in accordance with section 130 of the Charilies Act., or the aGwunts did not ac(rd with the accounting reci)rds" or the accounts did not comply wth the applicable requirements conceming the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair, view which is not a matter considered as part of an independent examination. I have no COnmS and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understsnding of the accounts to be reached. ' Please delete the words in the bTrckets rfthey do not apply. Signed: Date: 0710512023 Name: Alexander Wlliam Stsples FCA Relevant professional qualificationls} or body Insttiute of Chartered Accountants in England and Wales IER Oct 2018
{if any): Address: The Oast Heath Road Boughton Monchelsea Kent ME17 4JD Section B Disclosure Only complete if Ihe examiner needs to highlight material matters of concern (see CC32, Independent examination of charity accounts- directions and guidance for examiners). Give here brief detai15 of any items that the examiner wishes to disclose. None IER Oct 2018