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2023-12-31-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 2023

ST DUNSTAN'S CHURCH

REPORT OF THE PAROCHIAL COUNCIL FOR THE YEAR ENDED 31 DECEMBER 2023

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 2023. The PCC met formally on eight occasions during the year.

PCC Members

Rev Richard King Priest in Charge (from 25th October 2023) David Riddick Churchwarden & Chair (until 21st May 2023) Nye Jones Churchwarden (from 21st May 2023), Vice Chair and Electoral Roll Officer Andrew Gasson Churchwarden (from 21st May 2023) Elizabeth Hancock Parish Safeguarding Officer (from 21st May 2023) Gwenneth Heyking Susan Hooper (from 21st May 2023) David Hough Janette Lloyd (from 21st May 2023) Jane Upton Valerie Piper (from 21st May 2023) Celia Quarrington (from 21st May 2023) Jennifer Wigram (from 21st May 2023) Barbara Campbell Representative to the Deanery Synod Christopher Stead Representative to the Deanery Synod (from 21st May 2023)

Co-opted Members

Brian Swann Julie Warman Parish Administrator

Ex Officio Members

Alie Bird

Treasurer until June 2023

Page 2 of 10

ST DUNSTAN'S CHURCH

REPORT OF THE PAROCHIAL COUNCIL FOR THE YEAR ENDED 31 DECEMBER 2023

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 2023 included:

Risk Management

Throughout 2023, 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 2023

Fundraising

ØUpdated 100 Club leaflet to make it clearer for enquirers.

Ø‘Songfest’ (Compass & Tempo Community Choirs). Project management of event including promotion & sourcing of volunteers. Thanks to Susan Hooper for leading with refreshments.

ØChristmas Through Time’ (Wealden Consort). Project management of event including promotion & sourcing of volunteers. Thanks to the many volunteers.

Preparation and planning for a new Priest

ØUpdating of the 2022 Parish Profile.

ØShortlisting of candidates for interview.

ØConducting of interviews & selection.

ØPlanning, organising, writing, promotion and coordination of the Installation service on 25th October in St Dunstan’s Church.

Change of Vicarage Premises

ØAs St Dunstan’s Church was part owner of the former Vicarage site, a formal agreement was reached whereby the surplus from the sale will be shared with the Diocese post completion of works.

ØA property to be the new vicarage was chosen and purchased at Orchard Way, Cranbrook.

ØLiaison with the Diocesan Property Services team, as plans progressed to complete the first phase of the development work of turning the Orchard Way property into a working vicarage.

Page 4 of 10

ST DUNSTAN'S CHURCH

REPORT OF THE PAROCHIAL COUNCIL FOR THE YEAR ENDED 31 DECEMBER 2023

Financial Review

The 2023 accounts have been examined by an accountant, who has generously undertaken this task on a voluntary basis. A detailed 2023 budget had been agreed at the end of 2022 by the PCC and Finance Committee, whose members receive monthly reports of cashflow and performance against budget, ensuring that the finances are properly controlled. As part of this control, an accounting program was installed.

Total receipts for the year amounted to £125,441 (2022 £149,396) a reduction of £23,955, following an increase in 2022 of £23,906, due to reduced voluntary income.

Total expenditure amounted to £120,139 (2022 £135,500) a reduction in the year of £15,361, due to a reduction in church running expenses and church buildings maintenance. The result was a surplus of £5,302 compared to a surplus of £13,897 in 2022. Accordingly total funds increased from £76,056 in 2022 to £81,358.

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 PCC members are indebted to Mike Pack, who oversees all matters relating to gift aid.

The PCC’s bank balances totalled £81,119 on 31 December 2023 (2022 £74,017) – an increase of £7,102. The breakdown of designated funds held on account at the end of the year was:

designated funds held on account at the end of the year was:
Total designated funds
• Church House repair
• Organ Repair
• Bank interest
• Messy Church
• Tots Plus
• Tea/Coffee Station
£804
£945
£20,636
£5,000
£6,971
£342
£34,698

Plans are in place to promote donations and fundraising activities to ensure that the 2024 budget, agreed by the PCC at the end of 2023, 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 12th May 2024 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 2023

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 2023 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:

(1) which gives me reasonable case to believe that in any material respect the requirements

have not been met.

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

…………………………………................

Date:

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 2023

Unrestricted
Designated
Total Funds
Total Funds
Funds
Funds
2023
2022
£
£
£
£
Income and Expenditure Account for the year ended 31 December 2023
Incoming Resources
Voluntary Income
74,479
16,620
91,099
110,580
Activities for Generating Funds
16,576
-
16,576
22,695
Interest Received
231
312
543
30
Income from Church Activities
17,223
-
17,223
16,091
Total Incoming Resources
108,509
16,932
125,441
149,396
Resources Expended
Church Activities
8,947
-
8,947
8,425
Ministry
68,332
-
68,332
69,924
Church Running Expenses
19,959
-
19,959
21,807
Church Buildings Maintenance
21,267
1,634
22,901
35,343
Total Resources Expended
118,505
1,634
120,139
135,500
Net income/(expenditure)
(9,996)
15,298
5,302
13,897
Funds brought forward
56,656
19,400
76,056
62,159
Transfers between funds
-
-
Funds carried forward
46,660
34,698
81,358
76,056
Balance Sheet
Assets
Cash at Bank
46,421
34,698
81,119
74,017
Current assets
-
-
-
2,556
46,421
34,698
81,119
76,573
Current Liabilities
(239)
-
(239)
517
Net assets
46,660
34,698
81,358
76,056
Funds
Total funds
46,660
34,698
81,358
76,056
Unrestricted
Designated
Total Funds
Total Funds
Funds
Funds
2023
2022
£
£
£
£
Income and Expenditure Account for the year ended 31 December 2023
Incoming Resources
Voluntary Income
74,479
16,620
91,099
110,580
Activities for Generating Funds
16,576
-
16,576
22,695
Interest Received
231
312
543
30
Income from Church Activities
17,223
-
17,223
16,091
Total Incoming Resources
108,509
16,932
125,441
149,396
Resources Expended
Church Activities
8,947
-
8,947
8,425
Ministry
68,332
-
68,332
69,924
Church Running Expenses
19,959
-
19,959
21,807
Church Buildings Maintenance
21,267
1,634
22,901
35,343
Total Resources Expended
118,505
1,634
120,139
135,500
Net income/(expenditure)
(9,996)
15,298
5,302
13,897
Funds brought forward
56,656
19,400
76,056
62,159
Transfers between funds
-
-
Funds carried forward
46,660
34,698
81,358
76,056
Balance Sheet
Assets
Cash at Bank
46,421
34,698
81,119
74,017
Current assets
-
-
-
2,556
46,421
34,698
81,119
76,573
Current Liabilities
(239)
-
(239)
517
Net assets
46,660
34,698
81,358
76,056
Funds
Total funds
46,660
34,698
81,358
76,056

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
108,509
16,932
125,441
149,396
8,947
-
8,947
8,425
68,332
-
68,332
69,924
19,959
-
19,959
21,807
21,267
1,634
22,901
35,343
118,505
1,634
120,139
135,500
(9,996)
15,298
5,302
13,897
56,656
19,400
76,056
62,159
-
-
46,660
34,698
81,358
76,056
46,421
34,698
81,119
74,017
-
-
-
2,556
46,421
34,698
81,119
76,573
(239)
-
(239)
517
46,660
34,698
81,358
76,056
46,660
34,698
81,358
76,056

Page 7 of 10

ST DUNSTAN'S CHURCH

Notes to the Financial Statements for the year ended 31 December 2023

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 2023.

Staff costs

Staff costs
Social security costs
Pension costs
2023
2022
£
£
8,257
7,617
-
-
-
-
8,257
7,617

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

ST DUNSTAN'S CHURCH

Financial Statements for the year ended 31 December 2023

Detailed Income and Expenditure Account for the year ended 31 December Detailed Income and Expenditure Account for the year ended 31 December Detailed Income and Expenditure Account for the year ended 31 December 2023
Unrestricted Designated Total Funds Total Funds
Funds Funds 2023 2022
£ £ £ £
INCOMING RESOURCES
Voluntary Income
Planned Giving: Bank Credits 43,945 - 43,945 49,575
Gift Aid Recovered 13,428 - 13,428 21,068
Collections/Other 17,106 - 17,106 13,227
Donations and Grants - - - -
Special Appeals - 16,620 16,620 26,710
74,479 16,620 91,099 110,580
Activities for Generating Funds
Fundraising 9,116 - 9,116 10,377
Sundry Income 1,888 - 1,888 4,176
Church Letting 5,572 - 5,572 8,381
Ponder Anew - - - (239)
16,576 - 16,576 22,695
Interest Received 231 312 543 30
Income from Church Activities
Church House Letting 6,654 - 6,654 4,750
Coffee & Tea Receipts 7,060 - 7,060 5,452
PCC Income for Services 1,529 - 1,529 2,871
Parochial Fees Collected 1,980 - 1,980 3,018
17,223 - 17,223 16,091
Total Incoming Resources 108,509 16,932 125,441 149,396

Page 9 of 10

ST DUNSTAN'S CHURCH

Financial Statements for the year ended 31 December 2023

Detailed Income and Expenditure Account for the year ended 31 December 2023

RESOURCES EXPENDED
Church Activities
Home Missions and Other Church Giving
Staff Costs
Ministry
Parish Share
Parochial Fees paid to Canterbury
Working Expenses of Incumbent
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
2023
2022
£
£
£
£
690
-
690
808
8,257
-
8,257
7,617
8,947
-
8,947
8,425
-
66,070
-
66,070
66,626
1,913
-
1,913
3,109
349
-
349
189
68,332
-
68,332
69,924
5,798
-
5,798
9,720
3,054
-
3,054
1,755
287
-
287
239
10,820
-
10,820
10,093
19,959
-
19,959
21,807
3,122
-
3,122
932
5,139
-
5,139
5,787
4,525
-
4,525
4,509
3,523
-
3,523
6,064
822
-
822
15,641
3,000
-
3,000
2,000
1,136
1,634
2,770
411
21,267
1,634
22,901
35,343
118,505
1,634
120,139
135,500
(9,996)
15,298
5,302
13,897

Page 10 of 10