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|||Pages|
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|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|
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||||||||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.|||||||||||