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2022-12-31-accounts

REGISTERED CHARITY NUMBER: 1144409

St Dunstan's Church

Cranbrook

‘A faithful, welcoming and compassionate church for all’

REPORT OF THE PAROCHIAL CHURCH COUNCIL

AND

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2022

ST DUNSTAN'S CHURCH

REPORT OF THE PAROCHIAL COUNCIL FOR THE YEAR ENDED 31 DECEMBER 2022

Administrative Information

The Parochial Church Council (PCC) of St Dunstan’s Church, Cranbrook is a corporate body (PCC Powers Measures 1956, Church Representation Rules 2006) with charitable status (Charity Commission registration 1144409). The PCC is responsible for promoting the whole mission of the Church - pastoral, evangelistic, social and ecumenical - in the ecclesiastical parish. In addition, it is responsible for its paid staff and for the maintenance of St Dunstan's Church and Church House, both of Stone Street, Cranbrook, TN17 3HA. The PCC comprises members, ex-officio officers and lay representatives. Per the Church Representation rules, members are elected at the Annual Parochial Church Meeting (APCM) for a period of 3 years by parishioners registered on the electoral roll.

PCC Members' Responsibilities

The PCC prepares an annual report and financial statements in accordance with its statutory framework and accounting conventions. Charity law requires the PCC to prepare and publish financial statements annually that accurately reflect the financial transactions of the year in question.

In preparing its financial statements, the PCC is required to:

All trustees gave of their time freely and there was no trustee remuneration in 2022. The PCC met formally on eleven occasions during the year, including two extraordinary meetings.

PCC Members

Assistant Churchwarden, Vice Chair and Electoral Roll Officer Assistant Churchwarden Assistant Churchwarden Assistant Churchwarden

Nye Jones Assistant Churchwarden, Vice Chair and Electoral Roll Officer Andrew Gasson Assistant Churchwarden Gwenneth Heyking Assistant Churchwarden David Hough Assistant Churchwarden Brian Swann Jane Upton Christopher Stead Valerie Piper Resigned in September 2022 Co-opted Members Julie Warman Parish Administrator Gina Kinson Resigned in September 2022 Winston Campbell Ex Officio Members Rev Ann Pollington Incumbent & Chair until retirement in March 2022 Incumbent Vacant from March 2022 David Riddick Churchwarden and Chair from March 2022 Alie Bird Treasurer David Gillies Lay Reader John Mulrenan Lay Reader (formerly Vice Chair, now resigned from attending PCC meetings) Barbara Campbell Representative to the Deanery Synod Diana Riddick Safeguarding Officer

Page 2 of 10

ST DUNSTAN'S CHURCH

REPORT OF THE PAROCHIAL COUNCIL FOR THE YEAR ENDED 31 DECEMBER 2022

Objectives and Activities

The PCC is committed to enabling as many people as possible to participate in the life of our Church by supporting the provision of worship and a range of cultural and community activities in the Church, at Church House and in the larger community. The Charity Commission’s guidance on public benefit and specific counsel for charities focussing on the advancement of religion have been followed, as has the House of Bishops’ instruction on safeguarding children and vulnerable adults. St Dunstan’s is open every day and the PCC priority during the year has been to make the buildings as accessible as possible to members of the congregation and the wider community.

Activities in 2022 included:

Risk Management

Throughout 2022, the PCC has considered the principal risks and uncertainties facing St Dunstan’s and has ensured close management of these when deciding on policies and formulating action plans.

Achievements and Performance

In and around the Church

Page 3 of 10

ST DUNSTAN'S CHURCH

REPORT OF THE PAROCHIAL COUNCIL FOR THE YEAR ENDED 31 DECEMBER 2022

Fundraising

Preparation and planning for a new Priest

Change of Vicarage Premises

Page 4 of 10

ST DUNSTAN'S CHURCH

REPORT OF THE PAROCHIAL COUNCIL FOR THE YEAR ENDED 31 DECEMBER 2022

Financial Review

The 2022 accounts have been examined by the incoming accountant, who has generously undertaken this task on a voluntary basis. A rigorous 2022 budget had been agreed at the end of 2021 by the PCC and Finance Committee, whose members received monthly reports of cashflow and performance against budget to ensure the full attention of all to financial performance.

Total receipts were increased in 2022 over 2021 by £23,906, thanks to the generosity of regular donors, the success of the Autumn Appeal and the efforts of PCC fundraisers.

Total expenses were increased in 2022 over 2021 by £26,694. An increased Parish Share payment of £21,626 accounts for most of this difference, as the PCC strove to meet its Diocesan obligation for 2021 and 2022; the latter year’s share was settled in full. Utility costs did not increase as much as feared: new fixed-price contracts are now in place for all utilities and government support has been applied directly where appropriate; all meters are read each month to ensure that suppliers’ charges are correct. An historical debt to the Diocese of £5,000 was uncovered towards the end of 2022. No record of this debt had been recorded in earlier financial accounts or included in budgets. In liaison with the Diocesan Finance Director, a settlement schedule of £500 per month was agreed and £2,000 was repaid in 2022.

The PCC has registered with HMRC to claim gift aid on appropriate donations directly from tax year 2023/4 when the Diocese ceases to offer this service to PCCs. The Treasurer is indebted to Mike Pack, who oversees all matters pertaining to gift aid.

The PCC’s bank balances totalled £74,017 on 31 December 2022 – an increase over January 2022 of £11,858. In the course of the year, the PCC absorbed the finances of two of its outreach activities: Messy Church and Tots Plus. The Religious Education Fund administered by the Vicar and Churchwarden was without a bank account and the PCC paid some expenses on its behalf pending a new account being set up. These balances have been classified as designated and transactions accounted for following the same protocols as general PCC debits and credits. At end of year,the breakdown of designated funds held on account was:

account was:
Total designated funds

Church House repair

Organ Repair

For purchase of an item for the church

Bank Interest credited in 2022

Religious Education Trust

Messy Church

Tots Plus

Tea/Coffee Station
£471
£866
£8,345
£5,000
£4,615
£250
£30
(£177)
£19,400

Plans are in place to promote donations and fundraising activities to ensure that the 2023 budget, agreed by the PCC at the end of 2022, is achieved and all obligations are met going forward. This position has been made possible thanks to the generosity of the St Dunstan’s congregation and community, and by the efforts of all those who volunteer their time and resources to support PCC activities.

Approved by order of the PCC on ….......................... 2023 and signed on its behalf by:

PCC Member

Page 5 of 10

INDEPENDENT EXAMINERS REPORT TO THE PAROCHAIL CHURCH COUNCIL OF ST DUNSTAN'S CHURCH FOR THE YEAR ENDED 31 DECEMBER 2022

Independent examiner's report to the Parochial Church Council of St Dunstan’s Cranbrook

This report on the financial statements of the PCC for the year ended 31 December 2022 is in respect of an examination carried out in accordance with the Church Accounting Regulations 2006 (the Regulations) and section 145 of the Charities Act 2011 (the Act).

Respective responsibilities of the PCC and the examiner

As members of the PCC you are responsible for the preparation of the financial statements. You consider that the audit requirements of the Regulations and section 144 of the Act do not apply. It is my responsibility to issue this report on those financial statements 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 section 145(5)(b) of the Act and to be found in the Church Guidance, 2006 edition, issued by the Finance Division of the Archbishops’ Council. 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 financial statements and seeking explanations from you as members of the PCC 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 Examiner’s Statement

In connection with my examination, no matter has come to my attention:

(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

…………………………………................ Date: 2023

PRF Simpson F.C.A. Hillside Farmhouse Sissinghurst Kent TN 17 2JH

Page 6 of 10

ST DUNSTAN'S CHURCH

Financial Statements for the year ended 31 December 2022

Unrestricted
Designated
Total Funds
Total Funds
Funds
Funds
2022
2021
£
£
£
£
Income and Expenditure Account for the year ended 31 December 2022
Incoming Resources
Voluntary Income
107,295
3,285
110,580
102,262
Activities for Generating Funds
22,695
-
22,695
11,489
Interest Received
-
30
30
3
Income from Church Activities
16,091
-
16,091
11,736
Total Incoming Resources
146,081
3,315
149,396
125,490
Resources Expended
Church Activities
8,425
-
8,425
6,886
Ministry
69,924
-
69,924
48,870
Church Running Expenses
21,807
-
21,807
20,987
Church Buildings Maintenance
23,468
11,876
35,343
32,063
Total Resources Expended
123,624
11,876
135,500
108,806
Net income/(expenditure)
22,457
(8,560)
13,897
16,684
Funds brought forward
29,199
32,960
62,159
45,475
Transfers between funds
5,000
(5,000)
-
-
Funds carried forward
56,656
19,400
76,056
62,159
Balance Sheet
Assets
Cash at Bank
54,617
19,400
74,017
62,159
Current assets
2,556
-
2,556
-
57,173
19,400
76,573
62,159
Current Liabilities
517
-
517
-
Net assets
56,656
19,400
76,056
62,159
Funds
Total funds
56,656
19,400
76,056
62,159
Unrestricted
Designated
Total Funds
Total Funds
Funds
Funds
2022
2021
£
£
£
£
Income and Expenditure Account for the year ended 31 December 2022
Incoming Resources
Voluntary Income
107,295
3,285
110,580
102,262
Activities for Generating Funds
22,695
-
22,695
11,489
Interest Received
-
30
30
3
Income from Church Activities
16,091
-
16,091
11,736
Total Incoming Resources
146,081
3,315
149,396
125,490
Resources Expended
Church Activities
8,425
-
8,425
6,886
Ministry
69,924
-
69,924
48,870
Church Running Expenses
21,807
-
21,807
20,987
Church Buildings Maintenance
23,468
11,876
35,343
32,063
Total Resources Expended
123,624
11,876
135,500
108,806
Net income/(expenditure)
22,457
(8,560)
13,897
16,684
Funds brought forward
29,199
32,960
62,159
45,475
Transfers between funds
5,000
(5,000)
-
-
Funds carried forward
56,656
19,400
76,056
62,159
Balance Sheet
Assets
Cash at Bank
54,617
19,400
74,017
62,159
Current assets
2,556
-
2,556
-
57,173
19,400
76,573
62,159
Current Liabilities
517
-
517
-
Net assets
56,656
19,400
76,056
62,159
Funds
Total funds
56,656
19,400
76,056
62,159

Incoming Resources
Voluntary Income
Activities for Generating Funds
Interest Received
Income from Church Activities
Total Incoming Resources
Resources Expended
Church Activities
Ministry
Church Running Expenses
Church Buildings Maintenance
Total Resources Expended
Net income/(expenditure)
Funds brought forward
Transfers between funds
Funds carried forward
Balance Sheet
Assets
Cash at Bank
Current assets
Current Liabilities
Net assets
Funds
Total funds
146,081
3,315
149,396
125,490
8,425
-
8,425
6,886
69,924
-
69,924
48,870
21,807
-
21,807
20,987
23,468
11,876
35,343
32,063
123,624
11,876
135,500
108,806
22,457
(8,560)
13,897
16,684
29,199
32,960
62,159
45,475
5,000
(5,000)
-
-
56,656
19,400
76,056
62,159
54,617
19,400
74,017
62,159
2,556
-
2,556
-
57,173
19,400
76,573
62,159
517
-
517
-
56,656
19,400
76,056
62,159
56,656
19,400
76,056
62,159

Page 7 of 10

ST DUNSTAN'S CHURCH

Notes to the Financial Statements for the year ended 31 December 2022

Accounting Policies

Basis

The financial statements have been prepared in accordance with the Church Accounting Regulations 2006 using an accruals and prepayment basis.

The financial statements have been prepared under the historic cost convention except for any investment assets which would be shown at market value. The financial statements include all transactions, assets and liabilities for which the PCC is responsible in law. They do not include the accounts of church groups that owe their main affinity to another body, nor those that are informal gathering of church members.

Fund accounting

Restricted Funds These represent:

a) Income from trusts or endowments which may only be expended on those restricted objects provided in the terms of the trust or bequest and

b) Donations or grants received for a specific object or invited by the PCC for a specific object. The funds may only be expended on the specific object for which they were given.

Designated Funds

These are funds which the PCC has agreed to set aside for a specific purpose.

Unrestricted Funds

These represent the funds of the PCC that are not subject to any special restrictions regarding their use and are available for application to the general purposes of the PCC.

Fixed Assets

Consecrated and benefice property is not included in the accounts. Moveable church furnishings held by the vicar and churchwardens on special trust for the PCC and which require a faculty for disposal are inalienable property, are listed in the church’s inventory, which can be inspected at any reasonable time. As previous accounts were prepared as receipts and payments accounts there is insufficient cost information available and therefore assets held at that date are not valued in these financial statements. No assets were purchased in the year to 31 December 2022.

Staff costs

Staff costs
Social security costs
Pension costs
2022
2021
£
£
7,617
5,264
-
-
-
-
7,617
5,264

Payments to PCC members

No payments or expenses were paid to any PCC Member, persons closely connected to them or related parties.

Page 8 of 10

Financial Statements for the year ended 31 December 2022

ST DUNSTAN'S CHURCH

Detailed Income and Expenditure Account for the year ended 31 December 2022

INCOMING RESOURCES
Voluntary Income
Planned Giving:
Bank Credits
Gift Aid Recovered
Collections/Other
Donations and Grants
Special Appeals
Activities for Generating Funds
Fundraising
Sundry Income
Church Letting
Ponder Anew
Interest Received
Income from Church Activities
Church House Letting
Coffee & Tea Receipts
PCC Income for Services
Parochial Fees Collected
Total Incoming Resources
Unrestricted
Designated
Total Funds
Total Funds
Funds
Funds
2022
2021
£
£
£
£
49,575
-
49,575
58,525
21,068
-
21,068
14,001
9,942
3,285
13,227
6,325
-
-
-
4,200
26,710
-
26,710
19,211
107,295
3,285
110,580
102,262
10,377
-
10,377
6,174
4,176
-
8,381
-
8,381
4,837
(239)
-
(239)
478
22,695
22,695
11,489
-
30
30
3
4,750
-
4,750
4,130
5,452
-
5,452
2,788
2,871
-
2,871
4,818
3,018
-
3,018
-
16,091
-
16,091
11,736
146,081
3,315
149,396
125,490

Page 9 of 10

ST DUNSTAN'S CHURCH

Financial Statements for the year ended 31 December 2022

Detailed Income and Expenditure Account for the year ended 31 December 2022

RESOURCES EXPENDED
Church Activities
Home Missions and Other Church Giving
Staff Costs
Ministry
Parish Share
Parochial Fees paid to Canterbury
Working Expenses of Incumbant
Church Running Expenses
Gas
Electricity
Water
Insurance
Church Buildings Maintenance
Upkeep of Services
Office Costs
Music Costs
General/Annual Maintenance
Major Repairs to Church Buildings
Historic Loan Repaid to Diocese
Sundry Expenses
Total Resources Expended
Net income/(expenditure)
Unrestricted
Designated
Total Funds
Total Funds
Funds
Funds
2022
2021
£
£
£
£
808
-
808
1,622
7,617
-
7,617
5,264
8,425
-
8,425
6,886
-
66,626
-
66,626
45,000
3,109
-
3,109
2,249
189
-
189
1,621
69,924
-
69,924
48,870
9,720
-
9,720
9,004
1,755
-
1,755
2,199
239
-
239
259
10,093
-
10,093
9,525
21,807
-
21,807
20,987
932
-
932
695
5,787
-
5,787
1,714
4,509
-
4,509
4,538
6,064
-
6,064
7,544
4,176
11,465
15,641
17572
2,000
-
2,000
-
-
411
411
-
23,468
11,876
35,343
32,063
123,624
11,876
135,500
108,806
22,457
(8,560)
13,897
16,684

Page 10 of 10