| Pages | ||
|---|---|---|
| Annualreport | 1-5 | |
| Independent examiner's |
report | |
| Statement offinancial activities |
||
| Balance sheet (detailed) | ||
| Statement ofassets and | liabilities | |
| Fund movement summary |
10 | |
| Analysis ofincome and | expenditure | |
| Notes to the financial statements | ||
| Accounting policies |
14 |
| Unrestricted | Restricted | Endowment | Total | Prior year | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| funds | funds | funds | funds | total funds | |||||||
| incoming resources | |||||||||||
| Incoming resources from | generated | funds | |||||||||
| Voluntary income |
48,069 | 4,749 | 52,818 | 47,982 | |||||||
| Activities for generating | funds | 13,886 | 1,349 | 15,236 | 7,015 | ||||||
| Investment income |
21,528 | 21,528 | 21,288 | ||||||||
| Incoming resources from |
charitable | activities | 2,406 | 300 | 2,706 | 4,321 | |||||
| Otherincoming resources |
143 | 143 | 33 | ||||||||
| Total income | 85,890 | 8,542 | 92,432 | 80,839 | |||||||
| Resources used | |||||||||||
| Cost of generating funds |
|||||||||||
| Cost of generating | voluntary | income | 20 | 20 | 520 | ||||||
| Charitable activities |
89,627 | 8,707 | 98,334 | 81,147 | |||||||
| Governance costs |
2,489 | 2,489 | 2,312 | ||||||||
| Total expenditure | 92,118 | 8,72T | 100,842 | 83,979 | |||||||
| Net income I(expenditure) | resources before transfer | (8,zz8) | (2,185) | (8,410) | (3,340) | ||||||
| Transfers | |||||||||||
| Gross transfers between |
funds - in | 250 | 318 | 568 | 6,510 | ||||||
| Gross transfers between |
funds - out | (318) | (250) | (568) | (6,510) | ||||||
| Other recognised gains | /losses | ||||||||||
| Gains / losses on investment | assets | (17,092) | (12,610) | (17,190) | (46,892) | 49,858 | |||||
| Gains on revaluation, fixed assets, |
charity's | own use | |||||||||
| Net movement in funds |
(23,384) | (14,T27) | (17,190) | (55,302) | 48,518 | ||||||
| Reconciliation offunds | |||||||||||
| Total funds brought forward | 188,047 | 144,511 | 242,749 | 555,307 | 508,789 | ||||||
| Total funds carried forward | 144,661 | 129,783 | 225,559 | 500,004 | 555,307 | ||||||
| Represented by |
|||||||||||
| Unrestdicted | |||||||||||
| General fund | 144,661 | 144,661 | 168,047 | ||||||||
| Restricted | |||||||||||
| Agency collection | |||||||||||
| Church Fabric | 108,25? | 108,257 | 122,621 | ||||||||
| Community Outreach |
1,173 | 1,173 | 1,151 | ||||||||
| Donations to Charities | |||||||||||
| Flower | 202 | 202 | 220 | ||||||||
| Friends ofStDunstans | 9,349 | 9,349 | 10,193 | ||||||||
| Friends ofThomas | More | 330 | 330 | 643 | |||||||
| Hall Fabric Fund | 2,047 | 2,047 | 1,105 | ||||||||
| Music | 5,748 | 5,748 | 5,748 | ||||||||
| Rector Discretionary | Fund | 1S6 | 196 | 349 | |||||||
| Support ofWorship | 55 | 55 | 55 | ||||||||
| Tower Fund | 1,485 | 1,485 | 1485 | ||||||||
| Youth Development | 943 | 943 | 943 | ||||||||
| Endowment | |||||||||||
| Building | 96,722 | 96,722 | S6,722 | ||||||||
| Endowments | 128,837 | 128,837 | 146,027 | ||||||||
| Total funds | 144,661 | 129,783 | 225,559 | 500,004 | 555,307 |
| As at | As at | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 31/12/2022 | 31/12/2021 | |||||||||||
| Fixed assets | ||||||||||||
| 6431:69Whitstable | Road | 3,450 | 3,450 | |||||||||
| 6432:Church | Hall | 93,272. | 93,272 | |||||||||
| 6440: Halestrap | Legacy | Investment | S5,568 | 108,319 | ||||||||
| 6441; Helmore | Bequest | Investment | 9,864 | 11,180 | ||||||||
| 6442: Watkins | Memorial | Investment | 23,405 | 26,528 | ||||||||
| 6448: Rees Legacy | Investment | 004S | 65,203 | ?3,902 | ||||||||
| 644S:CBFProperty | Fund 001P | 22,618 | 25,624 | |||||||||
| 6450; Cheyney | Legacy Investment | 40,369 | 45,755 | |||||||||
| 6451:Hedley 8 | Lowe Legacy | Investment | Fund | 75,913 | 86,042 | |||||||
| 6452: Hedley 8 | Lowe Legacy | Property | 18,667 | 21,148 | ||||||||
| Total Fixed assets | 448,329 | 495,221 | ||||||||||
| Current assets | ||||||||||||
| 6501:Bank current | account | 15,737 | 24,087 | |||||||||
| 6510:CCLA (CBF) | deposit account | 36000 | 36,000 | |||||||||
| 6520: Prepayments | ||||||||||||
| 6521:Revenue | receivable | |||||||||||
| 6590:Cash in | hand | 49 | 199 | |||||||||
| Total | Current assets | 51,?88 | 80,288 | |||||||||
| Liabilities | ||||||||||||
| 6610;Accruals | Deferred | Income | ||||||||||
| 6620:Creditors | for | goods services | ||||||||||
| 6699;Agency | collections | 110 | ||||||||||
| Z04: Accounts | Payable | |||||||||||
| Total | Liabilities | 110 | 199 | |||||||||
| Net Asset | surplus (denctt) |
500,004 | 555,307 | |||||||||
| Reserves | ||||||||||||
| Excess / (deficit) to | date | (8,411) | (3,340) | |||||||||
| Z01:Starting balances | 555,307 | 508,789 | ||||||||||
| Z02: Gains and | losses on investments | (46,892) | 49,858 | |||||||||
| Total | Reserves | 500,004 | 555,307 | |||||||||
| Represented | by Funds | |||||||||||
| Unrestricted | 144,661 | 168,047 | ||||||||||
| Designated | ||||||||||||
| Restricted | 129,783 | 144,511 | ||||||||||
| Endowment | 225,559 | 242,749 | ||||||||||
| Total | 500,004 | 555,30? | ||||||||||
| Accounts approved by:- | ||||||||||||
| Rev'd Jo Richards | {Chair) | Dated: | 20 March 2023 | |||||||||
| Geoffrey Parsons | (Hon Treasurer) | Dated: | 20 March 2023 |
| Class and nominal code | Class and nominal code | Class and nominal code | General | Designated | Restricted | Endowment | Total | Last year |
|---|---|---|---|---|---|---|---|---|
| Fixed assets - investments | ||||||||
| 6440: Halestrap Legacy |
95,568 | 95,568 | 108,319 | |||||
| Investment | ||||||||
| 6441:Helmore Bequest | Investment | 9,864 | 9,864 | 11,180 | ||||
| 6442: Watkins Memorial | 23,405 | 23,405 | 26,528 | |||||
| Investment | ||||||||
| 6448:Rees | Legacy Investment | 65,203 | 65,203 | 73,902 | ||||
| 00048 | ||||||||
| 6449:CBF | Property Fund 001P |
22,618 | 22,618 | 25,624 | ||||
| 6450:Cheyney Legacy | Investment | 40,369 | 40,369 | 45,755 | ||||
| 6451:Headley & Lowe |
Legacy | 75,913 | 75,913 | 86,042 | ||||
| Investment 0068 |
||||||||
| 6451:Headley 8 Lowe | Legacy Property | 18,667 | 18,667 | 21,148 | ||||
| 002P | ||||||||
| Total | 128,189 | 94,580 | 128,837 | 351,607 | 398,498 | |||
| Fixed assets - Tangible | assets | |||||||
| 6431:69Whitstable Road |
3,450 | 3,450 | 3,450 | |||||
| 6432:Church Hall |
93,272 | 93,272 | 93,272 | |||||
| Total | 96,722 | 96,722 | 96,?22 | |||||
| Current assets - Cash | at bank and in hand | |||||||
| 6501:Bank | current account | 442 | 15,295 | 15,737 | 24,087 | |||
| 6510:CBF | deposit account Q01D | 15,982 | 20,018 | 36,000 | 36,000 | |||
| 65SQ: Cash | in hand | 49 | 49 | 199 | ||||
| Total | 16,472 | 35,314 | 51,?86 | 60,286 | ||||
| Liabilities - | Agency accounts | |||||||
| 6699:Agency collections | 110 | 110 | 199 | |||||
| Total | 110 | 110 | ||||||
| Net total assets | 144,661 | 129,783 | 225,559 | 500,004 | 555,307 | |||
| Represented | by | |||||||
| Unrestricted | -General | 144,661 | 144,661 | 168,047 | ||||
| Restricted - | Chfabric | 108,981 | 108,981 | 122,621 | ||||
| Restricted - | CommOut | 1,173 | 1,173 | 1,151 | ||||
| Restricted - | Flower | 202 | 202 | 220 | ||||
| Restricted - | FOTM | 330 | 330 | 643 | ||||
| Restricted - | Friends | 9,349 | 9,349 | 10,193 | ||||
| Restricted - | HallFab | 1,323 | 1,323 | 1,105 | ||||
| Restricted - | Music | 5,748 | 5,748 | 5,748 | ||||
| Restricted - | RDF | 196 | 196 | 349 | ||||
| Restricted —Tower |
1,485 | 1,485 | 1,485 | |||||
| Restricted - | Worship | 55 | 55 | 55 | ||||
| Restricted - | Youth | 943 | 943 | 943 | ||||
| Endowment | - Building | 96,722 | 96,722 | 96,?22 | ||||
| Endowment | - Endowments | 128,837 | 128,837 | 146,027 | ||||
| Total | 144,661 | 129,783 | 225,559 | 500,004 | 555,30? |
| Fund | Fund | balances | incoming | Outgoing | Transfers | Gains and | Fund balances | |
|---|---|---|---|---|---|---|---|---|
| brought | forward | Resources | Resources | Losses | Carried fonsard | |||
| Building - Building | 96,722 | 96,722 | ||||||
| Charities - Donations to Charities | 976 | 976 | ||||||
| Chfabric - Church Fabric | 122,621 | 1,694 | 2,724 | (12,610) | 108,981 | |||
| CommOut - Community Outreach |
1,151 | 397 | 375 | 1,173 | ||||
| Endowments -Endowments |
146,027 | (17,190) | 128,837 | |||||
| Flower - Flower | 220 | 261 | 278 | 202 | ||||
| Friends - Friends ofThomas | More | 643 | 20 | 334 | 330 | |||
| Friends - Friends ofSt Dunstans | 10,193 | 2,018 | 2,929 | 68 | 9,349 | |||
| HallFab - Hall Fabric Fund | 1,105 | 1,176 | 958 | 1,323 | ||||
| Music - Music | 5,748 | 5,748 | ||||||
| RDF - Rector Discretionary | Fund | 349 | 196 | |||||
| Tower - Tower Fund | 1,485 | 1,485 | ||||||
| Worship - Support ofWorship | 55 | 55 | ||||||
| Youth - Youth Development | 943 | 943 | ||||||
| General - General fund |
168,047 | 85,890 | 92,116 | (68) | (17,092) | 144,661 | ||
| Totals | 555,307 | 02,432 | 100,842 | (48,802) | 500,004 |
| Total | ||||||||
|---|---|---|---|---|---|---|---|---|
| Unrestricted | Designated | Restilcted | Endowment | This | year | Last year | ||
| Incoming resources | ||||||||
| Incoming resources from generated | funds | |||||||
| 0101 - Gift Aid bank | 25,210 | 25,235 | 27,173 | |||||
| 0102-Parish Giving Scheme | 96 | 96 | ||||||
| 0110- Gift Aid Envelopes | 583 | 583 | 802 | |||||
| 0201 - Other planned giving |
3,802 | 3,802 | 2,634 | |||||
| 0301 - Loose plate collections | 1,395 | 36 | 1,430 | 1,378 | ||||
| 0401 - Regular gift days | ||||||||
| 0410-Giving through church boxes |
603 | 603 | 585 | |||||
| 0501 - One-off Gift Aid gifts | 653 | 155 | 808 | 2,044 | ||||
| 0510 - Gifts ofquoted securities | ||||||||
| 0550- Donations appeals etc |
2,043 | 1,664 | 3,707 | 2,504 | ||||
| 0551-Donations on-line Benefice |
98 | 98 | 565 | |||||
| 0552- On-line donations St Dunstans | only | 390 | 390 | 95 | ||||
| 0601 - Tax recoverable on Gift Aid |
8,589 | 8,589 | 7,500 | |||||
| 0701 - Legacies | ||||||||
| 0801 - Recurring grants |
915 | |||||||
| 08A1 - Non-recurring one-off grants |
4,124 | 2,870 | 6,994 | 1,768 | ||||
| 0901 - Other funds generated | 484 | 484 | 20 | |||||
| 0503 - Friends subs Gift-aid | 5 | 135 | 140 | 65 | ||||
| 1220 - Bookstall sales - fund raising | 226 | 226 | 144 | |||||
| 1240-Church hall lettings - fund raising |
9,830 | 9,830 | 4,006 | |||||
| 1250 - Magazine income - advertising |
||||||||
| 1270 - Coffee mornings | 1,863 | 1,863 | 680 | |||||
| 1301 - Rummage sales etc | 1,104 | 1,104 | 1,058 | |||||
| 1302 - Other fundraising income |
859 | 1,214 | 2,073 | 1,062 | ||||
| 1001 - Dividends | 11,289 | 11,289 | 10,944 | |||||
| 1020-Bank and building society | 240 | 240 | 36 | |||||
| interest | ||||||||
| 1030- Rent from lands or buildings | 10,000 | 10,000 | 10,308 | |||||
| Incoming resources from | 83,484 | 6,099 | 89,583 | 76,285 | ||||
| generated funds Totals |
||||||||
| Incoming resources from charitable | activities | |||||||
| 1101- Fees for weddings and funerals |
1,244 | 1,244 | 3,758 | |||||
| 1210- Bookstall sales to promote | 4 | 260 | 264 | 150 | ||||
| objectives | ||||||||
| 1230 - Church hall lettings - objectives |
1,159 | 40 | 1,199 | 390 | ||||
| 1260-Parish magazine saies | 23 | |||||||
| 1303- Fairtrade Sales | ||||||||
| Incoming resources from | 2,406 | 2,706 | 4,321 | |||||
| charitable activlbes Totals | ||||||||
| Other incoming resources | ||||||||
| 0502 - Subscriptions received |
143 | 143 | 33 | |||||
| 1310- Insurance claims |
||||||||
| 1320 —Surplus - sales of fixed assets | ||||||||
| Other incoming resources Totals | ||||||||
| Incoming resources Grand | 85,890 | 8,542 | 82,432 | 80,840 | ||||
| totals |
| Total | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| Unrestricted | Designated | Restdcted | Endowment | This | year | Last year | |||
| Resources used | |||||||||
| Coatofgenerating funda |
|||||||||
| 1701 - Fees paid to fund raisers | |||||||||
| 1710- Costs ofapplying for grants |
|||||||||
| 1720 - Costs ofstewardship | campaign | 410 | |||||||
| 1730 - Costs offetes &other | events | 20 | 20 | 110 | |||||
| 1740 - Investment management |
costs | ||||||||
| Coatofgenerating funds Totals |
20 | 20 | 520 | ||||||
| Charttabla activities |
|||||||||
| 1731 - Faitrade purchases | |||||||||
| 1801 - Giving to missionary societies |
(100) | (100) | 650 | ||||||
| 1830-Giving - relief and development | 1,050 | 1,050 | 2,260 | ||||||
| agencies | |||||||||
| 1850-Home mission | 257 | 1,029 | 1,286 | 351 | |||||
| 1870-Secular charities | 250 | 100 | 350 | 650 | |||||
| 1901 —Stipends quota | |||||||||
| 1910-Ministry parish share | etc | 42,950 | 42,950 | 46,175 | |||||
| 2001 - Assistant staff costs | 4,872 | 4,872 | 4,765 | ||||||
| 2050- Parish administrator expenses |
62 | 62 | 108 | ||||||
| 2051 - Organist fees | 3,395 | 3,395 | 3,435 | ||||||
| 2101 - Working expenses of | incumbent | 11 | 11 | ||||||
| 2102 - Curate's Expenses | 56 | ||||||||
| 2110- Visiting speakers / locums |
|||||||||
| 2120-Council tax | |||||||||
| 2130-Parsonage house expenses |
|||||||||
| 2140 - Water rates - vicarage | |||||||||
| 2145-Parsonage - water | |||||||||
| 2150 - Vicar's telephone | |||||||||
| 2160-Parish training and mission |
24 | ||||||||
| 2170 - Education | |||||||||
| 2201 - Mission expenses | 23 | 200 | 223 | ||||||
| 2301 - Church running - insurance |
3,328 | 3,328 | 3,235 | ||||||
| 2309-Church Office Supplies | 624 | 624 | 396 | ||||||
| 2310 - Church office - telephone | 376 | 376 | 241 | ||||||
| 2311 - Telephone church hall |
|||||||||
| 2312-Photocopier hire |
1,437 | 1,437 | 516 | ||||||
| 2320 - Organ / piano tuning |
702 | 702 | 499 | ||||||
| 2330 - Church maintenance | 4,419 | 4,419 | 4,958 | ||||||
| 2331 - Cleaning | 4 | 4 | 48 | ||||||
| 2340 - Upkeep ofservices | 3,457 | 278 | 3,736 | 2,720 | |||||
| 2350 - Upkeep of churchyard | 1,137 | 1,137 | 176 | ||||||
| 2360 - Administration/stationary | 275 | 275 | 384 | ||||||
| 2401-Church running -electric |
896 | 896 | 679 | ||||||
| 2410 - Church running —gas |
1,199 | 1,199 | 1,270 | ||||||
| 2420 - Church running -water |
93 | 93 | 82 | ||||||
| 2430 - Church running - oil |
|||||||||
| 2440- Church running - heating |
and | ||||||||
| lighting | |||||||||
| 2441- Misc Expenses Church | 314 | 221 | 535 | 50 | |||||
| 2442 - Refreshments | 103 | 103 | 19 | ||||||
| 2443 —Rubbish collection |
957 | 957 | 417 | ||||||
| 2444- Church Other consumables | 4 | ||||||||
| 2501 - Magazine expenses | |||||||||
| 2502 - Outreach costs | |||||||||
| 2510 - Bookstall costs |
| Page 1 | ||||||
|---|---|---|---|---|---|---|
| Unrestricted | Designated | This | Total year |
Last year | ||
| 2515-Hall caretakers renumeration |
||||||
| 2520- Hall running - oil | ||||||
| 2530 - Hall running -electricity 2540- Hall running -gas 2550 - Hall running -insurance 2560 - Hall running -maintenance 2570 —Hall running -telephone |
858 390 1,109 7,090 |
858 390 1,109 7,090 |
511 292 1,054 3,330 |
|||
| 2580 - Hall running -water |
||||||
| 2590 —Hall running -heating and |
390 | 86 | ||||
| lighting | ||||||
| 2591 - Misc Expenses Hall 2592- Hall kitchen supplies 2593 - Hall: Other consumables 2701 - Church major repairs -structure |
151 60 186 |
125 31 46 |
276 91 232 |
52 46 74 |
||
| 2710 - Church major repairs— installation |
1,717 | 5,616 | 7,333 | |||
| 2720- Church interior and exterior |
||||||
| decorating | ||||||
| 2801 - Hall +major repairs -structure 2820- Hall + major repairs - installation 2830 - Hall + interior and exterior |
5,017 13 |
958 | 5,975 13 |
1,014 | ||
| decorating | ||||||
| 2840- Other PCC property upkeep 2901 - New building parsonage house |
655 | 655 | 528 | |||
| 2910 —New building house for curate |
||||||
| 2920 - New building Church |
||||||
| 2930 - New building Hall |
||||||
| Charitable activities Totals |
89,827 | 8,707 | 98,335 | 81,147 | ||
| Governance costs | ||||||
| 2302- Licences and subscriptions 2601 - Governance costs examination/audit fee |
1,319 1,170 |
1,319 1,170 |
1,142 1,170 |
|||
| Governance costs Totals | 2,489 | 2,489 | 2,312 | |||
| Resources used Grand totals | 92,116 | 8,727 | 100,842 | 83,980 |
| STDUNSTAN WITH HOLY CROSS PCC |
||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| NOTES TO THE RNANCIAL STATEMENTS | ||||||||||
| FOR THE YEAR ENDED 31STDECEMBER 2022 | ||||||||||
| ACCOUNTING POLICIES |
||||||||||
| The financial statements have been prepared in accordance with Church Accounting |
||||||||||
| Regulations and Charities Act 2011 using the receipts and payments |
basis. | |||||||||
| The financial statements have been prepared under |
the historical cost convention | other than | ||||||||
| for the value of investments which have been shown |
at market value. | |||||||||
| The accounts are framed as receipts and payments | and do not take | in | account | |||||||
| timing differences caused by accruals or prepayments. | ||||||||||
| Funds | ||||||||||
| Unrestricted funds represent the funds ofthe PCC that are not subject to any |
restrictions | |||||||||
| regarding their use and are available for application |
on the general purposes | ofthe | PCC. | These | ||||||
| include funds designated fora particular purpose by |
the PCC. | |||||||||
| The purposes ofrestricted funds are noted in the accounts. |
||||||||||
| The accounts include transactions, assets and liabilities for the which |
the PCC | are | held | |||||||
| responsible . They do not include the accounts ofchurch groups that |
owe an | affiliation to | ||||||||
| another body nor those that are informal gatherings |
ofchurch members. | |||||||||
| Incoming resources | ||||||||||
| Voluntary income and capital sources | ||||||||||
| Collections are recognised when made. Amounts receivable under |
covenant | are recognised | ||||||||
| only when honoured by the covenantor. Income tax |
recoverable on |
covenanted | or | gift aid | ||||||
| donations is recognised when received. |
||||||||||
| Grants and legacies to the PCC are accounted foras soon as the PCC |
is notified | of its | ||||||||
| entitlement and the likely amount due. |
||||||||||
| Other ordinary income | ||||||||||
| Rental income from letting ofchurch premises is accounted for when |
earned. | |||||||||
| Resources expended | ||||||||||
| Grants | ||||||||||
| Grants and donations are accounted for when paid. |
||||||||||
| Costs | ||||||||||
| Costs are accounted for when they are expended. |
||||||||||
| Fixed Assets | ||||||||||
| Consecrated land and buildings and movable church |
furnishings | |||||||||
| Consecrated and beneficed property is excluded from the accounts |
by | s. 10(2)(c) ofthe | ||||||||
| Charities Act 2011. No value is placed on movable | church furnishings | held by | churchwardens | |||||||
| on special trusts for the PCC and which require a faculty for disposal | since the | PCC considers | ||||||||
| this to be an inalienable property. All expenditure during the year on |
consecrated | or beneficed | ||||||||
| buildings and movable church furnishings, whether |
maintenance or |
improvement, | is written | |||||||
| off. | ||||||||||
| Freehold Property | ||||||||||
| Freehold property is stated at cost. No depreciation |
is charged against | the values stated. | ||||||||
| Fixed asset investments | ||||||||||
| Investments are initially recognised at their transaction value and subsequently |
measured | at their | ||||||||
| market value as at the balance sheet date using the | dosing quoted | market price. The statement | of | |||||||
| financial activities includes the net gains and losses | arising on revaluation and |
disposals | throughout | |||||||
| the year. |