THE BENEFICE OF ST DUNSTAN, ST PETER AND ST MILDRED, CANTERBURY
ST DUNSTAN WITH HOLY CROSS PCC
REGISTERED CHARITY 1140343
ANNUAL REPORT
AND FINANCIAL STATEMENTS OF THE PARISH CHURCH COUNCIL
FOR THE YEAR ENDED 31ST DECEMBER 2023
RECTOR
REV. JO RICHARDS
Independent Examiners
Peter Acott SHPD Accountants 10 Littlebourne Road, Maidstone, Kent, ME14 5QP
PARISH OF ST DUNSTAN WITH HOLY CROSS PCC
CONTENTS
| Pages | |
|---|---|
| Annual report | 1 - 5 |
| Independent examiner's report | 6 |
| Statement of financial activities | 7 |
| Balance sheet (detailed) | 8 |
| Statement of assets and liabilities | 9 |
| Fund movement summary | 10 |
| Analysis of income and expenditure | 11-13 |
| Notes to the financial statements | |
| Accounting policies | 14 |
Page 1
ST DUNSTAN’S WITH HOLY CROSS, CANTERBURY PAROCHIAL CHURCH COUNCIL
ANNUAL REPORT FOR THE YEAR 2023
Aim and purposes
St Dunstan’s Parish is part of the Benefice of St Dunstan, St Mildred and St Peter and the Rector is the Revd Jo Richards. St Dunstan’s with Holy Cross Parochial Church Council (PCC) has the responsibility of co-operating with the incumbent, in promoting in the parish the whole mission of the Church, pastoral, social and ecumenical. The PCC also safeguards the fabric of the church and has responsibility for maintenance of the church hall and the former curate’s house at 69 Whitstable Road, Canterbury. The Parochial Church Council is a charity registered with the Charity Commission. Its number is 1140343.
Objectives and Activities
In line with the Charity Commission’s guidance on public benefit, the PCC aims to involve both those who attend church regularly and the wider parish in worship at our church and in being part of the community of St Dunstan’s. It therefore takes very seriously its responsibility of maintaining the fabric of the church and the church hall. A group dedicated to fundraising for this purpose, the ‘Friends of St Dunstan’s Church’, is supported by the PCC, and has PCC representation on its committee.
Achievements and Performance
Prayer and Worship
Following last year’s Annual Meeting, where the continued practice of receiving the intincted wafer was mentioned, Revd Jo sent out questionnaires to both parishes asking about their preferences. The feedback she received gave no indication of a wish to return to a shared chalice at Holy Communion, so the current way of receiving Communion has continued during 2023. The practice of live streaming celebrations of Holy Communion services on Sundays has also continued. This and both Morning and Night Prayer and other special services can also be viewed on You Tube. The Benefice online congregation has also been maintained during the year.
The pattern of services at St Dunstan’s has continued in the way set up in 2021 with a weekly 8.00 a.m. said Communion Service and the 10.00 a.m. Communion Service now taking place at St Dunstan’s on the 1[st] and 3[rd] Sundays of the month, with Communion being celebrated at St Peter’s Church at 9.30 a.m. and at St Mildred’s at 11.00 a.m. on the 2[nd] and 4[th] Sundays. Where there is a 5[th] Sunday in the month it is celebrated in each church of the Benefice in turn.
Monthly Open Table services have taken place regularly in St Peter’s Church, supported by some members of St Dunstan’s congregation as well as by those from St Peter’s and St Mildred’s. As an Inclusive church, St Dunstan’s welcomes this addition to the services across the Benefice, and the provision of a Safe Space where all feel welcomed. The holding of a general non-Eucharistic service which might appeal to those who are unfamiliar with more traditional services was discussed during 2022 and ‘Sunday Praise’ was launched at the beginning of this year. Initially, it was thought that this might appeal to parents and children, but over the year it has become apparent that the attenders are mainly in the-middle-aged to elderly age bracket. Although its congregation is small, this service is much enjoyed by those
Page 2
who participate and already some ‘traditions’ have become established, like ‘Moment of the Week’ where all are free to talk about events that have given pleasure since the last meeting, the choosing of hymns and songs for the next service, largely by members of the Lunch Club and the serving of tea, coffee and homemade cakes at the end.
Messy Church met regularly on the 1[st] Sunday afternoon of the month until halfway through the year when it became evident that attendance was dropping off. Many of the adult helpers had been part of Messy Church since its inception 11/12 years ago, but reluctantly the decision was made in August to pause Messy Church for a while. However, the traditional Crib Service, popular with families and children and an important part of our outreach, took place on Christmas Eve, was a well-attended and truly joyful occasion for everyone.
During the autumn of this year the Benefice was lucky to be joined by Denise Parrett, an ordinand in training, who was working to be ordained as a Deacon. It was a pleasure to have her with us and we were very sorry to see her go, while wishing her all the best for her future in the Church.
St Dunstan’s Mothers’ Union has met during the year, either in the church or in the church hall. It continues to support the Afia holiday project and to write cards for members of the parish at Easter and Christmas. More details of this will be found in the collected reports.
Services held for life events are an important part of our outreach to the community and the church has continued to celebrate baptisms and weddings and to give thanks for lives ended at funeral services. All are welcome to attend any of our services.
There were 76 names on the Church Electoral Roll at 31st December 2023, 46 of whom were resident and 30 of whom were non-resident within the parish. The average Sunday attendance counted for the year in October was 55 adults and 3 children, combining both services.
The Church
St Dunstan’s Church, is left open during throughout the day for visitors and for private prayer, facilitated by a team of parishioners who unlock the church in the morning and lock at the end of the day, enabling it to be open for all during the daylight hours.
The PCC is aware of its responsibility of maintaining the fabric of the church building not only as a place of worship, but as part of our historical heritage. This is carried out by the Hall and Fabric Committee which meets regularly to oversee renovation and repair as part of the quinquennial (five yearly inspection of church fabric) and reports back to the PCC. The ‘Big Plan’, supported by the PCC, a move to make the church a centre for pilgrimage and prayer by Mission through Heritage, is sadly on hold at present owing to the resignation of Sarah James as project coordinator. It is hoped that in time, someone will be found to take over this role. The church hall has happily incurred no major capital expenditure apart from a replacement water heater and the installation of CCTV cameras in the churchyard this year. Bookings and fundraising are healthy, as will be seen elsewhere in the Collected Reports.
Pastoral Care
Members of the congregation and community who are ill or going through difficult times are visited by the ministry team and Communion is taken to those who cannot attend church..
Page 3
There are many activities and organisations, open to congregation, the wider parish and beyond, which form part of St Dunstan’s outreach and aim to benefit all. These include the weekly Saturday Morning Coffee from 10.00 a.m., the Lunch Club which meets on the first Wednesday of the month, and Tiny Tots, a weekly opportunity for toddlers, parents and grandparents to meet together for a time of play and socialising. Additionally, the Social and Fundraising team works hard to organise sales, the Christmas Fair and other celebrations throughout the year. Chief of these in 2023 was the celebration of the King’s Coronation in May, with a lunch, followed by a loyal toast to His Majesty.
The Thomas More Fellowship continued to discuss plans for making the Roper Chapel a more inviting place for the many pilgrims and visitors who come to the church, as part of the ‘Big Plan’ mentioned previously. A report on the Fellowship can be seen elsewhere in the documents.
Mission and Evangelism
St Dunstan’s supports several missions as part of our ministry of outreach.
The Newsletter has continued to make an appearance in 2023 with 2 double issues in July/August and December/January and single publications for the rest of the year. It is available both online and as a physical copy as part of the Benefice newsletter along with sections from each of the other churches. Additionally, the St Dunstan’s section is printed as a separate entity for organisations such as the Lunch Club and for people who come to the coffee mornings.
The Benefice website, www.dunstanmildredpeter.org.uk, is a valuable means of communication. So, too, are the many banners which have been purchased and displayed outside our various churches, and the digital presence, keeping people informed about our faith, services, and other matters.
Structure, governance and management
The method of appointment of PCC members is set out in the Church Representation Rules. All who attend Church regularly are encouraged to register on the Electoral Roll and stand for election to the PCC. There were 5 meetings of the full PCC during 2023, and the Standing Committee met on 4 occasions. The average attendance at PCC meetings was 80%.
The PCC operates through several committees which meet between full meetings of the PCC. These are: the Standing Committee, the Hall and Fabric Committee, the Worship Committee, the Flower Guild, the Social and Fundraising Team, the Fellowship of St Thomas More and the Eco-Church Committee. A new Finance Committee was also started during the year and continues to meet regularly The leaders of these sub-committees report back to the PCC.
Administrative information
St Dunstan’s Church is situated in St Dunstan’s Street, Canterbury. It is part of the Canterbury Diocese within the Church of England. The Benefice Office address is St Dunstan’s Church Hall, London Road, Canterbury CT2 8LS. The former parish of Holy Cross is combined with the parish of St Dunstan’s.
Page 4
PCC members who have served from 1 January 2022 until the date this report was approved are:
Ex Officio: Rector Revd Jo Richards Curate Revd Jenny Walpole Churchwardens Mrs Jayne Ward, until September 2023 Mrs Sue Palmer
Representatives on the Deanery Synod : Ms Elizabeth Turner (PCC Secretary and Deputy Warden) Mrs L Parsons Elected members : Mr John Albin, until APCM 2023 Mr David Cockburn Mrs Laurienne Edwards Mr Richard Edwards Mr Geoffrey Parsons (Treasurer) Mr John Shaw from APCM 2023 Miss Philippa Trewby
This has been an interesting year of comings and goings, saying goodbye to dear friends who have died or left and welcoming newcomers to the parish. The latter half of the year has been overshadowed for us all by the absence of our Rector due to illness and her subsequent continuing recovery from Long Covid. We are so thankful that she is now able to make a graduated return to work and we keep her in our prayers. Many, many thanks to Revd Jenny who has worked tirelessly to keep everything running smoothly and to our churchwardens who have had so much to deal with and have managed so well.
Financial Review 2023
The figures are intended as a summary of incoming resources and expenditure. The 2022 figures are shown in parenthesis for comparison purposes.
Before transfers and revaluations, we recorded a net operating surplus on all funds of £20,307 (-£8,410), and an operating surplus in the General Fund of £19,257 (-£6,226).
In 2023, our investments with the CBF Church of England funds increased in value by £26,062 (-£46,892).
Receipts
Overall, total receipts for all funds for the year were £110,697 (£92,432), boosted by receipt of a legacy- see below.
General Fund receipts increased compared to last year £104,160 (£85,890). Within these figures, the total ‘giving’ figure, that is regular giving, donations (including on-line), plate collections and gift-aid increased compared to last year £44,581 (£43,462).
It is noted that on-line donations were £2,693 in 2023 (£488).
Page 5
Friends’ fund -raising income was £2,162 (£2,018) and hall rentals have increased: £12,970 (£10,989) and are recovering to pre-pandemic levels of 2019 (£14,530).
Parochial fees decreased £1,071 (£1,244), but dividend and bank interest continued to contribute significantly to overall income at £12,717 (£11,529).
After increasing the rent for Whitstable Road in September 2022 by 6%, net rent for the year (2023) was £10,704 (£10,000).
One-off grants received were £3,922 (£6,994). These comprise a grant from the Beerling Foundation of £3,000 towards a projector, and £922 for VAT relief.
Fund-raising, including coffee mornings were £4,139 (£4.052).
We received a legacy from the estate of the Late David Heald for £16,908.
Expenditure
Total expenditures of all funds for the year were reduced, £90,390 (£100,842),
because there was only a very small sum spent on capital expenditure.
Total expenditure in the General Fund was £84,904 (£92,116), of which the Parish Share was £43,107 (£42,950).
Utility costs (church and hall, gas, water, electricity) increased considerably to £9,215 (£3,826).
Church maintenance costs were £4,579 (£4,419). The main items were boiler service £1,020; safety & security £1,845; WIFI link £467. Hall maintenance costs were £1,540 (£7,090).
There was no capital expenditure for the year for the church. £3,572 was spent on the hall of which £3,000 was covered by a grant for the projector.
During the year donations were made to charities from restricted and unrestricted funds of £763 (£2,586). A further £3,200 was allocated in December 2023, but money will be transferred during early 2024.
Funds Carried Forward
Total funds carried forward to 2024 are £546,573 (£500,004) of which unrestricted funds carried forward are £172,294 (£144,661).
Reserves Policy
It is PCC policy to maintain a balance of reserves of unrestricted funds of between twelve and twenty-four months unrestricted payments. Such reserves would allow for most emergency situations that may occur and will help to cushion any future decline in incoming resources. Fund balances will be held in the bank current account and CBF Church of England Funds.
Page 6
INDEPENDENT EXAMINERS' REPORT
TO THE PAROCHIAL CHURCH COUNCILLORS OF ST. DUNSTAN WITH HOLY CROSS PCC
This report on the accounts of the PCC for the year ended 31 December 2022, which are set out on pages 8 to 16, is in respect of an examination carried out under Regulation 3 of the Church Accounting Regulations 2006 and section 145 of the Charities Act 2011.
Respective responsibilities of PCC members and examiner
As members of the PCC you are responsible for the preparation of the accounts; you consider that the audit requirement of the Regulations and s.144(2) of the Act does not apply. It is my responsibility to issue this report on those accounts in accordance with the terms of the Regulations.
Basis of this report
My examination was carried out in accordance with the General Directions given by the Charity Commission under s.145(5)(b) of the Act and to be found in the Church guidance, 2006 edition. That examination includes a review of the accounting records kept by the PCC and a comparison of the accounts with those records. It also includes considering any unusual items or disclosures in the accounts and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the view given by the accounts.
Independent Examiners' Statement
In connection with my examination, no matter has come to my attention:
-
(i) which gives me reasonable cause to believe that in any material respect the requirements
-
to keep accounting records in accordance with section 130 of the Act; and
-
to prepare accounts which accord with the accounting records and comply with the requirements of the Act and the Regulations have not been met; or
-
(ii) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
I consider that I am able to sign this report on the basis of the above paragraph.
Peter Acott SHPD Accountants Ltd 10 Littlebourne Road, Maidstone Kent, ME14 5QP
Dated: 18 March 2024
Page 7
St Dunstans PCC Canterbury
Statement of Financial Activities
For the period from 01 January 2023 to 31 December 2023
| Unrestricted | Restricted | Endowment | Total | Prior year | |
|---|---|---|---|---|---|
| funds | funds | funds | funds | total funds | |
| Incoming resources | |||||
| Incoming resources from generated funds | |||||
| Voluntary income | 62,559 | 4,760 | - | 67,319 | 52,818 |
| Activities for generating funds | 15,643 | 1,393 | - | 17,035 | 15,236 |
| Investment income | 23,421 | - | - | 23,421 | 21,528 |
| Incoming resources from charitable activities | 2,537 | 330 | - | 2,867 | 2,706 |
| Other incoming resources | - | 55 | - | 55 | 143 |
| Total income | 104,160 | 6,537 | - | 110,697 | 92,432 |
| Resources used | |||||
| Cost of generating funds | |||||
| Cost of generating voluntary income | 14 | 100 | - | 114 | 20 |
| Charitable activities | 81,493 | 5,387 | - | 86,880 | 98,334 |
| Governance costs | 3,396 | - | - | 3,396 | 2,489 |
| Total expenditure | 84,904 | 5,487 | - | 90,390 | 100,842 |
| Net income / (expenditure) resources before transfer | 19,257 | 1,050 | - | 20,307 | (8,410) |
| Transfers: | |||||
| Gross transfers between funds - in | 240 | 79 | - | 319 | 568 |
| Gross transfers between funds - out | (79) | (240) | - | (319) | (568) |
| Other recognised gains / losses | |||||
| Gains/losses on investment assets | 8,215 | 5,725 | 12,121 | 26,062 | (46,892) |
| Gains on revaluation, fixed assets, charity's own use | - | - | - | - | - |
| Net movement in funds | 27,633 | 6,614 | 12,121 | 46,369 | (55,302) |
| Reconciliation of funds | |||||
| Total funds brought forward | 144,661 | 129,784 | 225,559 | 500,004 | 555,307 |
| Total funds carried forward | 172,294 | 136,398 | 237,681 | 546,373 | 500,004 |
| Represented by | |||||
| Unrestricted | |||||
| General fund | 172,294 | - | - | 172,294 | 144,661 |
| Restricted | |||||
| Church Fabric | - | 114,706 | - | 114,706 | 108,257 |
| Community Outreach | - | 1,086 | - | 1,086 | 1,173 |
| Donations to Charities | - | 200 | - | 200 | - |
| Flower | - | - | - | - | 202 |
| Friends of St Dunstans | - | 11,666 | - | 11,666 | 9,349 |
| Friends of Thomas More | - | 205 | - | 205 | 330 |
| Hall Fabric Fund | - | 633 | - | 633 | 2,047 |
| Music | - | 5,736 | - | 5,736 | 5,748 |
| Rector Discretionary Fund | - | 58 | - | 58 | 196 |
| Support of Worship | - | 55 | - | 55 | 55 |
| Tower Fund | - | 1,110 | - | 1,110 | 1,485 |
| Youth Development | - | 943 | - | 943 | 943 |
| Endowment | |||||
| Building | - | - | 96,722 | 96,722 | 96,722 |
| Endowments | - | - | 140,959 | 140,959 | 128,837 |
| Total funds | 172,294 | 136,398 | 237,681 | 546,373 | 500,004 |
Page 8
St Dunstans PCC Canterbury
Balance Sheet detailed
| As at As at 31/12/2023 31/12/2022 |
||
|---|---|---|
| Fixed assets Current assets Liabilities Reserves |
6431: 69 Whitstable Road 3,450 3,450 6432: Church Hall 93,272 93,272 6440: Halestrap Legacy Investment 104,560 95,568 6441: Helmore Bequest Investment 10,792 9,864 6442: Watkins Memorial Investment 25,607 23,405 6448: Rees Legacy Investment 004S 71,337 65,203 6449: CBF Property Fund 001P 20,900 22,618 6450: Cheyney Legacy Investment 44,167 40,369 6451: Headley & Lowe Legacy Investment 006S 83,055 75,913 6452: Headley & Lowe Legacy Property 002P 17,250 18,667 Total Fixed assets 474,390 448,329 6501: Bank current account 36,104 15,737 6510: CBF deposit account 001D 36,000 36,000 6520: Prepayments - - 6521: Revenue receivable - - 6590: Cash in hand 78 49 Total Current assets 72,183 51,786 6610: Accruals Deferred Income - - 6620: Creditors for goods services - - 6699: Agency collections 200 110 Z04: Accounts Payable - - Total Liabilities 200 110 Net Asset surplus (deficit) 546,373 500,004 Excess/(deficit) to date 20,307 (8,411) Z01: Starting balances 500,004 555,307 Z02: Other gains/(losses) 26,062 (46,892) Total Reserves 546,373 500,004 |
3,450 3,450 93,272 93,272 104,560 95,568 10,792 9,864 25,607 23,405 71,337 65,203 20,900 22,618 44,167 40,369 83,055 75,913 17,250 18,667 |
| Represented by Funds General (Unrestricted) 172,294 144,661 Restricted 136,398 129,784 Endowment 237,681 225,559 Total 546,373 500,004 |
||
| 546,373 500,004 |
||
Accounts approved by: -
Sue Palmer (Trustee)
Geoffrey Parsons (Hon Treasurer)
Dated: 18 March 2024
Dated: 18 March 2024
Page 9
St Dunstans PCC Canterbury
Statement of Assets and Liabilities (by code)
As at: 31 December 2023
| Class and nominal code | General | Designated | Restricted | Endowment | Total | Last year | |
|---|---|---|---|---|---|---|---|
| Fixed Asset - Investments | |||||||
| 6440: Halestrap Legacy Investment | - | - | - | 104,560 | 104,560 | 95,568 | |
| 6441: Helmore Bequest Investment | - | - | - | 10,792 | 10,792 | 9,864 | |
| 6442: Watkins Memorial Investment | - | - | - | 25,607 | 25,607 | 23,405 | |
| 6448: Rees Legacy Investment 004S | 71,337 | - | - | - | 71,337 | 65,203 | |
| 6449: CBF Property Fund 001P | 20,900 | - | - | - | 20,900 | 22,618 | |
| 6450: Cheyney Legacy Investment | 44,167 | - | - | - | 44,167 | 40,369 | |
| 6451: Headley & Lowe Legacy | - | - | 83,055 | - | 83,055 | 75,913 | |
| Investment 006S | |||||||
| 6452: Headley & Lowe Legacy Property | - | - | 17,250 | - | 17,250 | 18,667 | |
| 002P | |||||||
| Total | 136,405 | - | 100,305 | 140,959 | 377,668 | 351,607 | |
| Fixed Asset - Tangible Assets | |||||||
| 6431: 69 Whitstable Road | - | - | - | 3,450 | 3,450 | 3,450 | |
| 6432: Church Hall | - | - | - | 93,272 | 93,272 | 93,272 | |
| Total | - | - | - | 96,722 | 96,722 | 96,722 | |
| Current Asset - Cash At Bank And In Hand | |||||||
| 6501: Bank current account | 19,829 | - | 16,275 | - | 36,104 | 15,737 | |
| 6510: CBF deposit account 001D | 15,982 | - | 20,018 | - | 36,000 | 36,000 | |
| 6590: Cash in hand | 78 | - | - | - | 78 | 49 | |
| Total | 35,890 | - | 36,293 | - | 72,183 | 51,786 | |
| Liability - Agency Accounts | |||||||
| 6699: Agency collections | - | - | 200 | - | 200 | 110 | |
| Total | - | - | 200 | - | 200 | 110 | |
| Net total assets | 172,294 | - | 136,398 | 237,681 | 546,373 | 500,004 | |
| Represented by | |||||||
| General (Unrestricted) | 172,294 | - | - | - | 172,294 | 144,661 | |
| Restricted - Charities | - | - | 200 | - | 200 | - | |
| Restricted - Chfabric | - | - | 114,706 | - | 114,706 | 108,981 | |
| Restricted - CommOut | - | - | 1,086 | - | 1,086 | 1,173 | |
| Restricted - Flower | - | - | - | - | - | 202 | |
| Restricted - FOTM | - | - | 205 | - | 205 | 330 | |
| Restricted - Friends | - | - | 11,666 | - | 11,666 | 9,349 | |
| Restricted - HallFab | - | - | 633 | - | 633 | 1,323 | |
| Restricted - Music | - | - | 5,736 | - | 5,736 | 5,748 | |
| Restricted - RDF | - | - | 58 | - | 58 | 196 | |
| Restricted - Tower | - | - | 1,110 | - | 1,110 | 1,485 | |
| Restricted - Worship | - | - | 55 | - | 55 | 55 | |
| Restricted - Youth | - | - | 943 | - | 943 | 943 | |
| Endowment - Building | - | - | - | 96,722 | 96,722 | 96,722 | |
| Endowment - Endowments | - | - | - | 140,959 | 140,959 | 128,837 | |
| Total | 172,294 | - | 136,398 | 237,681 | 546,373 | 500,004 |
Page 10
St Dunstans PCC Canterbury
Fund movement summary
Selected period: 01 January 2023 to 31 December 2023
| Fund | Fund balances brought forward |
Incoming Resources |
Outgoing Resources |
Transfers | Gains and Losses |
Fund balances Carried forward |
|---|---|---|---|---|---|---|
| Building - Building | 96,722 | - | - | - | - | 96,722 |
| Charities - Donations to Charities | - | 495 | 295 | - | - | 200 |
| Chfabric - Church Fabric | 108,981 | - | - | - | 5,725 | 114,706 |
| CommOut - Community Outreach | 1,173 | 532 | 429 | (190) | - | 1,086 |
| Endowments - Endowments | 128,837 | - | - | - | 12,121 | 140,959 |
| Flower - Flower | 202 | 110 | 354 | 42 | - | - |
| FOTM - Friends of Thomas More | 330 | - | 125 | - | - | 205 |
| Friends - Friends of St Dunstans | 9,349 | 5,162 | 2,882 | 37 | - | 11,666 |
| HallFab - Hall Fabric Fund | 1,323 | 10 | 700 | - | - | 633 |
| Music - Music | 5,748 | - | 12 | - | - | 5,736 |
| RDF - Rector Discretionary Fund | 196 | 200 | 288 | (50) | - | 58 |
| Tower - Tower Fund | 1,485 | 29 | 403 | - | - | 1,110 |
| Worship - Support of Worship | 55 | - | - | - | - | 55 |
| Youth - Youth Development | 943 | - | - | - | - | 943 |
| General - General fund | 144,661 | 104,160 | 84,904 | 161 | 8,215 | 172,294 |
| Totals | 500,004 | 110,697 | 90,390 | - | 26,062 | 546,373 |
Page 11
St Dunstans PCC Canterbury
Analysis of income and expenditure Selected period: 01 January 2023 to 31 December 2023
Total
| General Designated Restricted Endowment This year Last year |
|
|---|---|
| 0101 - Gift Aid bank 0102 - Parish Giving Scheme 0110 - Gift Aid Envelopes 0201 - Other planned giving 0301 - Loose plate collections 0401 - Regular gift days 0410 - Giving through church boxes 0501 - One-off Gift Aid gifts 0510 - Gifts of quoted securities 0550 - Donations appeals etc 0551 - Donations on-line Benefice 0552 - On-line donations St Dunstans only 0601 - Tax recoverable on Gift Aid 0701 - Legacies 0801 - Recurring grants 08A1 - Non-recurring one-off grants 0901 - Other funds generated 0503 - Friends subs Gift-aid 1220 - Bookstall sales - fund raising 1240 - Church hall lettings - fund raising 1250 - Magazine income - advertising 1270 - Coffee mornings 1301 - Rummage sales etc 1302 - Other fundraising income 1001 - Dividends 1020 - Bank and building society interest 1030 - Rent from lands or buildings 1101 - Fees for weddings and funerals 1210 - Bookstall sales to promote objectives 1230 - Church hall lettings - objectives 1260 - Parish magazine sales 1303 - Fairtrade Sales 0502 - Subscriptions received 1310 - Insurance claims 1320 - Surplus - sales of fixed assets Incoming resources from generated funds Incoming resources from generated funds Totals Incoming resources from charitable activities Incoming resources from charitable activities Totals Other incoming resources Other incoming resources Totals Incoming resources Grand totals Incoming resources |
5,977 - 50 - 6,027 25,235 18,217 - - - 18,217 96 466 - - - 466 583 3,422 - - - 3,422 3,802 1,844 - 47 - 1,891 1,430 - - - - - - 457 - - - 457 603 1,933 - 165 - 2,098 808 - - - - - - 1,606 - 4,463 - 6,069 3,707 942 - - - 942 98 1,751 - 35 - 1,785 390 7,966 - - - 7,966 8,589 16,908 - - - 16,908 - - - - - - - 922 - - - 922 6,994 150 - - - 150 484 - - 148 - 148 140 187 - - - 187 226 11,504 - - - 11,504 9,830 - - - - - - 2,052 - - - 2,052 1,863 963 - - - 963 1,104 937 - 1,245 - 2,182 2,073 11,340 - - - 11,340 11,289 1,377 - - - 1,377 240 10,704 - - - 10,704 10,000 |
| 101,623 - 6,152 - 107,775 89,583 |
|
| 1,071 - - - 1,071 1,244 - - 220 - 220 264 1,466 - 110 - 1,576 1,199 - - - - - - - - - - - - |
|
| 2,537 - 330 - 2,867 2,706 |
|
| - - 55 - 55 143 - - - - - - - - - - - - |
|
| - - 55 - 55 143 |
|
| 104,160 - 6,537 - 110,697 92,432 |
Page 12
Total
General Designated Restricted Endowment This year Last year
| 1701 - Fees paid to fund raisers 1710 - Costs of applying for grants 1720 - Costs of stewardship campaign 1730 - Costs of fetes & other events 1740 - Investment management costs 1731 - Faitrade purchases 1801 - Giving to missionary societies 1830 - Giving - relief and development agencies 1850 - Home mission 1870 - Secular charities 1901 - Stipends quota 1910 - Ministry parish share etc 2001 - Assistant staff costs 2050 - Parish administrator expenses 2051 - Organist fees 2101 - Working expenses of incumbent 2102 - Curate's Expenses 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 2170 - Education 2201 - Mission expenses 2301 - Church running - insurance 2309 - Church Office Supplies 2310 - Church office - telephone 2311 - Telephone church hall 2312 - Photocopier hire 2320 - Organ / piano tuning 2330 - Church maintenance 2331 - Cleaning 2340 - Upkeep of services 2350 - Upkeep of churchyard 2360 - Administration/stationary 2401 - Church running - electric 2410 - Church running - gas 2420 - Church running - water 2430 - Church running - oil 2440 - Church running - heating and lighting 2441 - Misc Expenses Church 2442 - Refreshments 2443 - Rubbish collection 2444 - Church Other consumables 2501 - Magazine expenses 2502 - Outreach costs 2510 - Bookstall costs 2515 - Hall caretakers renumeration 2520 - Hall running - oil 2530 - Hall running - electricity 2540 - Hall running - gas Resources used Cost of generating funds Cost of generating funds Totals Charitable activities |
- - 50 - 50 - - - - - - - 14 - - - 14 - - - 50 - 50 20 - - - - - - |
|---|---|
| 14 - 100 - 114 20 |
|
| - - - - - - - - - - - (100) - - 38 - 38 1,050 53 - 165 - 218 1,286 50 - 457 - 507 350 - - - - - - 43,107 - - - 43,107 42,950 4,921 - - - 4,921 4,872 80 - - - 80 62 3,415 - - - 3,415 3,395 - - - - - 11 - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - 223 3,758 - - - 3,758 3,328 571 - - - 571 624 526 - - - 526 376 - - - - - - 419 - - - 419 1,437 629 - - - 629 702 4,176 - 403 - 4,579 4,419 8 - - - 8 4 2,523 - 340 - 2,863 3,736 2,975 - - - 2,975 1,137 288 - - - 288 275 1,586 - - - 1,586 896 4,186 - - - 4,186 1,199 241 - - - 241 93 - - - - - - - - - - - - 338 - 339 - 677 535 24 - 191 - 215 103 551 - - - 551 957 - - - - - 4 - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - 1,554 - - - 1,597 858 999 - - - 1,019 390 |
Page 13
Total
| General Designated Restricted Endowment This year Last year |
|
|---|---|
| 2550 - Hall running - insurance 2560 - Hall running - maintenance 2570 - Hall running - telephone 2580 - Hall running - water 2590 - Hall running - heating and lighting 2591 - Misc Expenses Hall 2592 - Hall kitchen supplies 2593 - Hall: Other consumables 2701 - Church major repairs - structure 2710 - Church major repairs - installation 2720 - Church interior and exterior decorating 2801 - Hall + major repairs - structure 2820 - Hall + major repairs - installation 2830 - Hall + interior and exterior decorating 2840 - Other PCC property upkeep 2901 - New building parsonage house 2910 - New building house for curate 2920 - New building Church 2930 - New building Hall 2302 - Licences and subscriptions 2601 - Governance costs examination/audit fee Other resources used Totals Resources used Grand totals Charitable activities Totals Other resources used Governance costs Governance costs Totals |
1,122 - - - 1,122 1,109 1,540 - - - 1,540 7,090 - - - - - - 361 - - - 361 390 - - - - (63) - 73 - 146 - 219 276 425 - 36 - 461 91 76 - - - 76 232 - - - - - - - - - - - 7,333 - - - - - - - - - - - 5,975 300 - 3,272 - 3,572 13 - - - - - - 616 - - - 616 655 - - - - - - - - - - - - - - - - - - - - - - - - |
| 81,493 - 5,387 - 86,880 98,334 |
|
| 2,226 - - - 2,226 1,319 1,170 - - - 1,170 1,170 |
|
| 3,396 - - - 3,396 2,489 |
|
| - - - - - - |
|
| 84,904 - 5,487 - 90,390 100,842 |
Page 14
ST DUNSTAN WITH HOLY CROSS PCC NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2023
1 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.
1 (a) Funds
Unrestricted funds represent the funds of the PCC that are not subject to any restrictions regarding their use and are available for application on the general purposes of the PCC. These include funds designated for a particular purpose by the PCC.
The purposes of restricted 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 of church groups that owe an affiliation to another body nor those that are informal gatherings of church members.
1 (b) 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 for as soon as the PCC is notified of its entitlement and the likely amount due.
Other ordinary income
Rental income from letting of church premises is accounted for when earned.
1 (c) Resources expended
Grants
Grants and donations are accounted for when paid.
Costs
Costs are accounted for when they are expended.
1 (d) Fixed Assets
Consecrated land and buildings and movable church furnishings
Consecrated and beneficed property is excluded from the accounts by s. 10(2)(c) of the 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 closing quoted market price. The statement of financial activities includes the net gains and losses arising on revaluation and disposals throughout the year.