**REGISTERED CHARITY NUMBER: 1136147**
## **REPORT OF THE TRUSTEES AND**
## **UNAUDITED FINANCIAL STATEMENTS**
**FOR THE YEAR ENDED 31 DECEMBER 2024**
## **FOR**
## **ST PETERS CHURCH PCC**
Taylor-Roalfe The Old Cottage The Green Boughton Monchelsea Kent ME17 4LT
**ST PETERS CHURCH PCC**
## **CONTENTS OF THE FINANCIAL STATEMENTS For The Year Ended 31 December 2024**
||**Page**|
|---|---|
|**Report of the Trustees**|1 to 4|
|**Independent Examiner's Report**|5|
|**Statement of Financial Activities**|6|
|**Balance Sheet**|7|
|**Notes to the Financial Statements**|8 to 15|
|**Detailed Statement of Financial Activities**|16 to 17|
**ST PETERS CHURCH PCC**
## **REPORT OF THE TRUSTEES For The Year Ended 31 December 2024**
The PCC present their report with the financial statements of the PCC for the year ended 31st December 2024. 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 2014 Act).
## **OBJECTIVES AND ACTIVITIES**
## **Aims and Purposes**
The PCC has the responsibility of co-operating with the incumbent (when in post) in promoting the whole mission of the church according to the doctrines and practices of the Church of England. It has responsibility for St Peter's Church, Boughton Monchelsea and also for congregations meeting with alternative styles of worship at the village hall (Junction and Messy Church).
## OBJECTIVES AND ACTIVITIES IN 2024
In planning its activities, the PCC takes into account the Commission's guidance on public benefit - in particular on the advancement of religion. Thus, it seeks:
a) to offer all people: teaching about Christianity and its life applications, open worship services and related activities, and ceremonies to mark life events.
b) to organise social activities to assist people living in the parish and nearby.
c) to assist churches and other Christian agencies throughout the diocese as they seek to further similar aims outside the parish.
d) to provide safe and open access to the church building and churchyard as places of interest, beauty and contemplation.
## **Significant activities during 2024**
i) Holding regular services of public worship and teaching, in various styles, in the church and the village hall. ii) Offering Christian baptism, marriage, funeral and burial ceremonies for all parish residents, with standard fees.
iii) Encouraging home groups in their further studies into the role of Christianity in our lives.
iv) Holding monthly Friendship Circle and weekly Baby and Toddler group sessions - both open to all and free or at low cost.
v) Making grants to individuals, charities and projects in pursuit of its aims.
vi) Maintaining the Grade 2* listed church building and its churchyard, and access to it, based on professional advice received.
These activities were largely organised and delivered by volunteers. They include those leading and assisting at worship services, home groups, Friendship Circle and Baby and Toddlers group; pastoral works; maintaining the church and churchyard; and administration and finance.
Apart from capital works, these activities were also mainly financed by personal donations.
Page 1
**ST PETERS CHURCH PCC**
## **REPORT OF THE TRUSTEES For The Year Ended 31 December 2024**
## **ACHIEVEMENT AND PERFORMANCE**
## **Charitable activities**
The PCC maintained all its activities, despite no vicar being in post for the entire year. It was again enormously assisted by two churchwardens, by an Assistant Minister, two Lay Readers and a retired URC minister; and by experienced and hard-working administrator and PCC Secretary.
The numbers attending our various worship services and other regular activities increased during 2024, with some families moving away but other joining.
30 services of baptism, wedding, funeral and burial were held during 2024.
Our monthly Friendship Circle (at the village hall) and weekly Baby and Toddler sessions (at the church) were well attended and received. Attendees included many not regularly attending worship services
After discussion at meetings, the PCC made grants totalling £10,300. This included to a local Christian schools charity, Christians Against Poverty,Open Doors, Operation Christmas Child, Maidstone Homeless Shelter, Royal British Legion and a gift to the departing Assistant Minister and her family. £5,000 of this was raised through specific collections.
It invited visitors to the church on most Sunday afternoons between May and Harvest. A Son at Luimiere display, opened for the Millennium, continued to be a source of interest and inspiration to many visitors.
It completed work on the roof and rainwater goods of the church identified in the 2021 Quinquennial report.
It met regularly to discuss and decide issues of importance. Two members sat on the Deanery Synod but, as at December 2024, it had no representation on the Diocesan Synod.
## **FINANCIAL REVIEW**
## **Financial position**
The PCC fulfilled its obligations to produce and file statutory accounts.
The PCC was able to pay its £63,284 Parish Share in full. The PCC is grateful for grants received in 2024, notably:
i) towards fabric work, £9614 from Friends of St Peter’s Church (a partner charity not under the control of the PCC)
ii) Towards the cost of mowing the churchyard, £2,500 from Boughton Monchelsea Parish Council (paid directly to the contractor, only the PCC’s payment is included in the accounts)
## **Reserves policy in 2024**
The policy of the PCC was to maintain, throughout the year
i) a current reserve equivalent to three months of salary plus two months of other current expenditure excluding the Parish Share
ii) Funds estimated to be sufficient to complete capital works already commissioned or targeted for completion within the following twelve months.
## **FUTURE PLANS**
At the end of 2024 there was no incumbent and the PCC was advertising for a person to take up a 0.5 vicar role in the parish. Nevertheless it planned to continue all the activities listed above.
All of the major works listed for action in the 2021 Quinquennial Inspection Report were completed. The need to replace the church roof and its heating system over the next few years remains a challenge.
Page 2
**ST PETERS CHURCH PCC**
## **REPORT OF THE TRUSTEES For The Year Ended 31 December 2024**
## **STRUCTURE, GOVERNANCE AND MANAGEMENT Governing Document**
The charity is controlled by its governing document. It is registered with the Charities Commission for England and Wales.
## **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 (if in post), and any Assistant Ministers are automatically members. The Churchwardens and 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.
In 2024 the PCC met on 6 occasions during the year, and the average attendance was 11
## **REFERENCE AND ADMINISTRATIVE DETAILS**
## **Registered Charity number**
1136147
## **Principal address**
C/O 19 Bushy Grove Kingswood Maidstone Kent ME17 3QL
## **Trustees**
B Knowler A Cornelius (resigned 1.4.2024) M Purkiss F Files A Moore C McIntyre L Darling E Cross C Parry (Chair) G Carpenter P J Holland S Nunn (appointed 1.4.2024) B Carrier (appointed 1.4.2024)
Page 3
**ST PETERS CHURCH PCC**
## **REPORT OF THE TRUSTEES For The Year Ended 31 December 2024**
## **REFERENCE AND ADMINISTRATIVE DETAILS**
## **Independent Examiner**
Alex Staples ACA The Oast Heath Road Boughton Monchelsea Kent ME17 4JD
Approved by order of the board of trustees on ............................................ and signed on its behalf by:
.......................................................................... C Parry (Chair) - Trustee
Page 4
## **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 2024.
## **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:
1. accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or
2. the accounts do not accord with those records; or
3. 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 ACA
The Oast Heath Road Boughton Monchelsea Kent ME17JD
Date: .............................................
Page 5
## **ST PETERS CHURCH PCC**
## **STATEMENT OF FINANCIAL ACTIVITIES For The Year Ended 31 December 2024**
|Notes
Unrestricted
fund
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
2
112,716
**Charitable activities**
Charitable activities
5
8,676
Other trading activities
3
3,939
Investment income
4
450
**Total**
125,781
**EXPENDITURE ON**
Raising funds
6
28,229
**Charitable activities**
Charitable activities
7
88,877
Other
(226)
**Total**
116,880
**NET INCOME/(EXPENDITURE)**
8,901
**Transfers between funds**
16
7,792
**Net movement in funds**
16,693
**RECONCILIATION OF FUNDS**
Total funds brought forward
16,523
**TOTAL FUNDS CARRIED FORWARD**
33,216|Restricted
fund
£
-
-
-
-
-
-
-
-
-
-
(7,792 )
(7,792 )
15,380
7,588|31.12.24
Total
funds
£
31.12.23
Total
funds
£
112,716
93,829
8,676
6,875
3,939
6,426
450
239
125,781
107,369
28,229
18,239
88,877
98,040
(226)
1,409
116,880
117,688
8,901
(10,319 )
-
-
8,901
(10,319 )
31,903
42,222
40,804
31,903|
|---|---|---|
The notes form part of these financial statements
Page 6
## **ST PETERS CHURCH PCC**
## **BALANCE SHEET 31 December 2024**
||||||31.12.24|31.12.23|
|---|---|---|---|---|---|---|
|||Unrestricted|Restricted||Total|Total|
|||fund|fund||funds|funds|
||Notes|£|£||£|£|
|**FIXED ASSETS**|||||||
|Tangible assets|13|-||-|-|5,635|
|**CURRENT ASSETS**|||||||
|Debtors|14|510||-|510|672|
|Cash at bank and in hand||33,456|7,588||41,044|26,345|
|||33,966|7,588||41,554|27,017|
|**CREDITORS**|||||||
|Amounts falling due within one year|15|(750)||-|(750)|(749)|
|**NET CURRENT ASSETS**||33,216|7,588||40,804|26,268|
|**TOTAL ASSETS LESS CURRENT**|||||||
|**LIABILITIES**||33,216|7,588||40,804|31,903|
|**NET ASSETS**||33,216|7,588||40,804|31,903|
|**FUNDS**|16||||||
|Unrestricted funds|||||33,216|16,523|
|Restricted funds|||||7,588|15,380|
|**TOTAL FUNDS**|||||40,804|31,903|
The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by:
............................................. C Parry (Chair) - Trustee
The notes form part of these financial statements
Page 7
**ST PETERS CHURCH PCC**
## **NOTES TO THE FINANCIAL STATEMENTS For The Year Ended 31 December 2024**
## **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 8
## **ST PETERS CHURCH PCC**
## **NOTES TO THE FINANCIAL STATEMENTS - continued For The Year Ended 31 December 2024**
|**2.**
**DONATIONS AND LEGACIES**
Gifts & donations
Planned giving
Gift aid
Collections
Grants
Grants received, included in the above, are as follows:
Other grants
**3.**
**OTHER TRADING ACTIVITIES**
Fundraising
Other trading activities
**4.**
**INVESTMENT INCOME**
Deposit account interest
**5.**
**INCOME FROM CHARITABLE ACTIVITIES**
Activity
Fees
Charitable activities
Grants received, included in the above, are as follows:|31.12.24
£
15,164
67,899
18,132
3,551
7,970
112,716
31.12.24
£
7,970
31.12.24
£
1,718
2,221
3,939
31.12.24
£
450
31.12.24
£
8,676
31.12.24
£|31.12.23
£
24,461
45,065
10,011
992
13,300|
|---|---|---|
|||93,829|
|||31.12.23
£
13,300
31.12.23
£
1,466
4,960
6,426
31.12.23
£
239
31.12.23
£
6,875
31.12.23
£|
continued...
Page 9
## **ST PETERS CHURCH PCC**
## **NOTES TO THE FINANCIAL STATEMENTS - continued For The Year Ended 31 December 2024**
## **6. RAISING FUNDS**
|**Raising donations and legacies**
Activities & service costs
Fundraising hall hire
**Other trading activities**
Loss on sale of assets
**Investment management costs**
Property repairs
Aggregate amounts
**7.**
**CHARITABLE ACTIVITIES COSTS**
Charitable activities
**8.**
**GRANTS PAYABLE**
Charitable activities|31.12.24
31.12.23
£
£
2,491
1,965
2,592
2,509
5,083
4,474
31.12.24
31.12.23
£
5,636
£
-
31.12.24
31.12.23
£
17,510
£
13,765
28,229
18,239
Grant
funding of
activities
Support
Direct
(see note
costs (see
Costs
£
75,423
8)
£
50
note 9)
£
13,404
Totals
£
88,877
31.12.24
31.12.23
£
50
£
1,448|
|---|---|
continued...
Page 10
## **ST PETERS CHURCH PCC**
## **NOTES TO THE FINANCIAL STATEMENTS - continued For The Year Ended 31 December 2024**
## **9. SUPPORT COSTS**
|Management
£
Other resources expended
(226)
Charitable activities
12,216
11,990|Governance
Finance
costs
£
£
-
-
783
405
783
405|Totals
£
(226)
13,404
13,178|
|---|---|---|
## **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,
## **Trustees' expenses**
Trustees were only reimbursed for out of pocket expenses.
## **11. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**
|Unrestricted
Restricted
fund
fund
£
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
93,829
-
**Charitable activities**
Charitable activities
6,875
-
Other trading activities
6,426
-
Investment income
239
-
**Total**
107,369
-
**EXPENDITURE ON**
Raising funds
18,239
-
**Charitable activities**
Charitable activities
98,040
-
Other
1,409
-
**Total**
117,688
-
**NET INCOME/(EXPENDITURE)**
(10,319 )
-
**RECONCILIATION OF FUNDS**
Total funds brought forward
26,842
15,380|Total
funds
£
93,829
6,875
6,426
239
107,369
18,239
98,040
1,409
117,688
(10,319 )
42,222|
|---|---|
continued...
Page 11
## **ST PETERS CHURCH PCC**
## **NOTES TO THE FINANCIAL STATEMENTS - continued For The Year Ended 31 December 2024**
## **11. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued**
|Unrestricted
fund
£
**TOTAL FUNDS CARRIED FORWARD**
16,523|Restricted
fund
£
15,380|Total
funds
£|
|---|---|---|
|||31,903|
## **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 2024
Disposals
At 31 December 2024
**DEPRECIATION**
At 1 January 2024
Eliminated on disposal
At 31 December 2024
**NET BOOK VALUE**
At 31 December 2024
At 31 December 2023
**14.**
**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Other debtors|Fixtures
and
Computer
fittings
equipment
Totals
£
£
£
74,910
5,514
80,424
(891)
(74,910 )
(75,801 )
74,019
(69,396 )
4,623
70,166
4,623
74,789
-
(70,166 )
(70,166 )
70,166
(65,543 )
4,623
3,853
(3,853 )
-
4,744
891
5,635
31.12.24
31.12.23
£
£
510
672|
|---|---|
continued...
Page 12
## **ST PETERS CHURCH PCC**
## **NOTES TO THE FINANCIAL STATEMENTS - continued For The Year Ended 31 December 2024**
## **15. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
|Payments on account
Trade creditors
**16.**
**MOVEMENT IN FUNDS**
At 1.1.24
£
**Unrestricted funds**
General fund
16,523
**Restricted funds**
Fabric Fund
15,380
**TOTAL FUNDS**
31,903
Net movement in funds, included in the above are as follows:
**Unrestricted funds**
General fund
**TOTAL FUNDS**
**Comparatives for movement in funds**
**Unrestricted funds**
General fund
**Restricted funds**
Fabric Fund
**TOTAL FUNDS**|Net
movement
in funds
£
8,901
-
8,901
Incoming
resources
£
125,781
125,781
At 1.1.23
£
26,842
15,380
42,222|31.12.24
31.12.23
£
£
750
750
-
(1)
750
749
Transfers
between
At
funds
£
31.12.24
£
7,792
33,216
(7,792 )
7,588
-
40,804
Resources
expended
£
Movement
in funds
£
(116,880 )
8,901
(116,880 )
8,901
Net
movement
At
in funds
£
31.12.23
£
(10,319 )
16,523
-
15,380
(10,319 )
31,903|
|---|---|---|
continued...
Page 13
## **ST PETERS CHURCH PCC**
## **NOTES TO THE FINANCIAL STATEMENTS - continued For The Year Ended 31 December 2024**
## **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
£
107,369
107,369|Resources
expended
£
Movement
in funds
£
(117,688 )
(10,319 )
(117,688 )
(10,319 )|
|---|---|---|
A current year 12 months and prior year 12 months combined position is as follows:
|||Net|Transfers||
|---|---|---|---|---|
|||movement|between|At|
||At 1.1.23|in funds|funds|31.12.24|
||£|£|£|£|
|**Unrestricted funds**|||||
|General fund|26,842|(1,418 )|7,792|33,216|
|**Restricted funds**|||||
|Fabric Fund|15,380|-|(7,792 )|7,588|
|**TOTAL FUNDS**|42,222|(1,418 )|-|40,804|
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
£
233,150
233,150|Resources
expended
£
Movement
in funds
£
(234,568 )
(1,418 )
(234,568 )
(1,418 )|
|---|---|---|
continued...
Page 14
**ST PETERS CHURCH PCC**
## **NOTES TO THE FINANCIAL STATEMENTS - continued For The Year Ended 31 December 2024**
## **17. RELATED PARTY DISCLOSURES**
There were no related party transactions for the year ended 31 December 2024.
Page 15
## **ST PETERS CHURCH PCC**
## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES For The Year Ended 31 December 2024**
||31.12.24|31.12.23|
|---|---|---|
||£|£|
|**INCOME AND ENDOWMENTS**|||
|**Donations and legacies**|||
|Gifts & donations|15,164|24,461|
|Planned giving|67,899|45,065|
|Gift aid|18,132|10,011|
|Collections|3,551|992|
|Grants|7,970|13,300|
||112,716|93,829|
|**Other trading activities**|||
|Fundraising|1,718|1,466|
|Other trading activities|2,221|4,960|
||3,939|6,426|
|**Investment income**|||
|Deposit account interest|450|239|
|**Charitable activities**|||
|Fees|8,676|6,875|
|**Total incoming resources**|125,781|107,369|
|**EXPENDITURE**|||
|**Raising donations and legacies**|||
|Activities & service costs|2,491|1,965|
|Fundraising hall hire|2,592|2,509|
||5,083|4,474|
|**Other trading activities**|||
|Loss on sale of tangible fixed assets|5,636|-|
|**Investment management costs**|||
|Property repairs|17,510|13,765|
|**Charitable activities**|||
|Organist fees|160|785|
|Church services|2,560|1,770|
|Insurance|4,818|4,587|
|Light and heat|1,721|5,324|
|Carried forward|9,259|12,466|
This page does not form part of the statutory financial statements
Page 16
## **ST PETERS CHURCH PCC**
## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES For The Year Ended 31 December 2024**
||31.12.24|31.12.23|
|---|---|---|
||£|£|
|**Charitable activities**|||
|Brought forward|9,259|12,466|
|Upkeep|2,881|8,314|
|Sundries|-|759|
|Parish share|63,283|62,000|
|Travel expenses|-|1,041|
|Grants to institutions|50|1,448|
||75,473|86,028|
|**Support costs**|||
|**Management**|||
|Water rates|524|196|
|Telephone|874|2,164|
|Postage and stationery|849|767|
|General administration|9,743|8,272|
|Fixtures and fittings|-|1,186|
|Computer equipment|-|223|
||11,990|12,808|
|**Finance**|||
|Rates and water|577|-|
|Bank charges|206|208|
||783|208|
|**Governance costs**|||
|Independent Examiners Fee|405|405|
|Total resources expended|116,880|117,688|
|**Net income/(expenditure)**|8,901|(10,319 )|
This page does not form part of the statutory financial statements
Page 17