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2022-12-31-accounts

TRUSTEES’ ANNUAL REPORT AND ACCOUNTS FOR THE PAROCHIAL CHURCH COUNCIL OF ST LEONARD’S PARISH, HYTHE

Aims and purposes

The Parochial Church Council (PCC) of the parish of St. Leonard has the responsibility of co-operating with the church wardens and Rev Michael Darkins to promote in the ecclesiastical parish, the whole mission of the Church, pastoral, evangelistic, social and ecumenical. The PCC is responsible for the maintenance of the two churches of the parish, St. Leonard’s and Holy Cross, and for the Parish contribution, agreed by the Joint Council, to the St. Michael’s Methodist Anglican Church Centre (StMMACC).

Objectives and Activities

The PCC is committed to enabling as many people as possible to worship at our churches and to become part of our parish community. The PCC maintains an overview of worship throughout the parish and makes suggestions on how our services can involve all those who live within the parish. Our services and worship put faith into practice through sacrament, prayer and scripture.

When planning our activities for the year, the incumbent and the PCC have considered the Charity Commission’s guidance on public benefit and, in particular, the specific guidance on charities for the advancement of religion. We try to enable ordinary people to live out their faith as part of our parish community through:

i) worship and prayer, and the development of spirituality through study and discussion

ii) provision of pastoral care for people living in the parish iii)missionary and outreach work

To facilitate this work, it is important that we maintain the fabric of the churches in the Parish.

1

Achievements and Performance

Worship and Prayer

The PCC is keen to offer a range of services throughout the parish that our community find both beneficial and spiritually fulfilling. Eucharist is central to our worship in the form of Sung Eucharist with choir at St. Leonard’s, and occasional services of Holy Communion and Christmas services were held at Holy cross. However Holy Cross has largely remained closed this year, but worship and more regular services are now restored. Holy Communion is celebrated once a month at SMACCS There is full choral evensong at St. Leonard’s each Sunday. There are also weekday services throughout the parish.

Our main services are live streamed, also weddings, funerals and baptisms on request.

All are welcome to attend our regular services. At present, there are 116 parishioners on the Church Electoral Roll. The average weekly attendance for the whole parish, counted during October, was 122 adults and 10 children under 16.

There has been 9 baptisms, 2 weddings, and 11 funerals held in church and 11 funerals conducted on behalf of the parish at crematoria and cemeteries.

.

Deanery Synod

3 members of the PCC sit on the Deanery Synod. This provides the PCC with an important link between the parish and the wider diocesan structures.

Pastoral Care

The Pastoral and Healing Team of the parish, in liaison with the clergy, ensure that all those who are unable to attend church because of age or ill health are visited and given communion when requested, also our services are live streamed which has been appreciated by many. A service of healing and wholeness is held monthly.

Mission and Evangelism

Our monthly Parish Review is distributed widely in the community and is always available at the back of each church.

The refurbishment of the property in the town has been completed and our 101 project has made a promising start with a small shop which sells local handicrafts and books and has an area for use of the community which local organisations are finding useful as well as a meeting space for church groups.

The church continues to maintain strong links with Hythe Bay school, and we have been pleased to be able to welcome them in the church for church days and their services each term.

Through these the children become familiar and comfortable with the church and begin to learn that the church is part of their town and for them to use.

2

Ecumenical Relations

Churches together in Hythe and Saltwood are making an effort to get things moving and are making a positive step forward.

Financial Review

Total receipts for unrestricted funds were £130,222. In addition restricted income of £16,634 was also received and is detailed in the financial statements.

Planned giving through bankers orders and weekly envelopes was £54,402 (£52,973 in 2021) while the plate collections at all services totalled £8,468 (£5,095 in 2021).

The total expenditure required for the year totalled £233,750 of which £218,681 was from unrestricted funds and included a loss of £9,399 on investments.

A total of £82,708 was spent on furnishing the High Street business premises known as the 101 Open Door Project. A Community Interest Company (CIC) was set up during the year and are now responsible for collecting income and dealing with the running costs of the project.

The parish share as assessed by the Diocese of Canterbury was £81,279 and this was paid by the parish in full utilising £21,000 of reserves. However, there are still historical arrears of £102,306.

Reserves Policy

Following receipt of legacy funds 2021 the sum of £200,000 was invested in an income account with the remainder of the legacy is still held in cash..

Cash reserves held at the bank at the end of the year totalled £144,900.19 of which £140,090.76 is unrestricted. In addition there is a long term investment portfolio valued at £191,483 and further investments held with CBF Church of England funds of £8,744. Expenditure on the fabric at St Leonards Church is met by legacy funds or requires a request for funding from the Friends of St Leonards, a separate and independent charity. It is necessary from time to time to utilise some unrestricted reserves to settle the parish share.

The parish receives rent from a residential property which may be used for general purposes as well as the upkeep of that property.

Volunteers

Our large team of volunteers is what makes the church function. These include members of the PCC, servers, church cleaners, sides persons, choir members, bell ringers, coffee makers, flower arrangers, churchyard maintenance workers and many others, all of whom add up to a band of helpers who willingly give their time for the good of our church community.We are truly grateful to them all and offer our heartfelt thanks to them all.

Structure, governance and management

The method of appointment of PCC members is set out in the Church Representation Rules. Here in the parish of St. Leonard the membership of the PCC consists of the Priest in Charge, associate and assistant clergy, the churchwardens, the reader, members of the deanery synod and members who are elected by those of the congregation who are on the

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electoral roll of the parish. All who are members of our congregation are encouraged to register on the electoral roll and stand for election to the PCC.

The PCC is responsible for making decisions on all matters of general concern and importance to the parish including decisions about how funds of the PCC are to be spent.

The parish and PCC take the issue of safeguarding very seriously and our safeguarding officer, Marilyn Johnson, has continued to promote safeguarding training throughout the parish ensuring that all who require training are able to access stage 1 and stage 2 training.

Administrative Information

The Parish of St. Leonard is part of the Canterbury Diocese within the Church of England. The correspondence address is The Vicarage, Oak Walk, Hythe, Kent CT21 5DN.

The PCC is a body corporate (PCC Powers Measure 1956, Church Representation Rules 2011) and was registered as a charity (No 1144695) on 16 November 2011.

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PCC members who have served from May 5[th] 2022 until the date this report was approved are:

Priest in Charge Rev Michael Darkins
Churchwarden & Deanery Synod John Wren
Churchwarden Gill Cox
Reader Mike Cox
Deanery Synod & Treasurer Brian Bishop
Deanery Synod David Owen
Elected Members: Berkeley Hill
Roger Taylor
Steve Jones
Penny Mattocks
Brinley Hughes
Mary Tyler
Helen Waymouth
Marilyn Johnson
Secretary Christine Blackman

5

THE PAROCHIAL CHURCH COUNCIL OF ST. LEONARD, HYTHE

STATEMENT OF FINANCIAL ACTIVITIES

for the year ended 31st December 2022

Note
Income and Expenditure
Incoming Resources
Incoming resources from donors
2(a)
Other voluntary incoming resources
2(b)
Incoming resources from operating activities:-
- to further the Council's objects
2(ci)
- to generate funds
2(cii)
Trading receipts
2(d)
Income from Investments
2(e)
Other incoming resources
2(f)
Total incoming resources
Resources Expended
Grants
3(a)
Support Costs
3(b)
Relating to the Work of the Church
3(c)
Church Management & Admin.
3(d)
Vergers House
3(e)
Other Resources Expended
3 (f)
Total resources used
Net (outgoing)/incoming resources
for the year
Other recognised gains and losses
Gains/Losses(-) on investments
Surplus on revaluation of freehold property
Net Movement in Funds
Balances Brought Forward at
1st January, 2022 (2021)
Balances Carried Forward
at 31st December, 2022 (2021)
Unrestricted
Restricted
2022
2021
Funds
Funds
79,505
0
79,505
73,477
13,791
15,980
29,771
808,311
16,672
0
16,672
10,916
1,385
651
2,036
1,387
7,200
0
7,200
7,360
4,309
3
4,312
7
7,360
0
7,360
0
130,222
16,634
146,856
901,458
0
1,139
1,139
1,407
0
0
0
0
186,419
13,930
200,349
140,355
3,805
0
3,805
5,413
406
0
406
893
0
0
0
0
190,630
15,069
205,699
148,068
-60,408
1,565
-58,843
753,390
-9,399
0
-9,399
1,431
0
0
0
0
-69,807
1,565
-68,242
754,821
1,171,591
11,646
1,183,237
428,416
1,101,784
13,211
1,114,995
1,183,237

The notes on pages 8 to 13 form part of these accounts.

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THE PAROCHIAL CHURCH COUNCIL OF ST. LEONARD, HYTHE

BALANCE SHEET

at 31st December, 2022

Note
FIXED ASSETS
Tangible Fixed Assets
5
Investments
6
Current Assets
Cash at Bank
Other Debtors - Income Tax recoverable
GASDS Recoverable
Insurance Claim
Vergers Rent
CDBF Vacancy Fees
Liabilities: Amounts falling due
within one year
Parish Share
Insurance Premium Instalments
Uncleared Cheques
Sundry creditors
Net current (liabilities) / assets
NET ASSETS
Represented By
Restricted
9,11
Unrestricted
10,12
157,092
1,053
350
7,360
600
0
2022
862,052
200,227
453,852
2,067
257
0
0
180
2021
844,600
9,626
1,062,279
52,716.26
854,226
329,011
166,455
102,306
2,793
8,229
411
456,356
102,306
2,630
21,978
431
113,739 127,345
1,114,995 1,183,237
13,211
1,101,784
11,645
1,171,592
1,114,995 1,183,237

Approved by the Parochial Church Council on 28th March 2023 and signed on its behalf by:

………………………………………………………………………

Rev M Darkins (Priest-in-Charge)

…………………………………….. Mr J C Wren (Chiurchwarden)

The notes on pages 8 to 13 form part of these accounts.

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THE PAROCHIAL CHURCH COUNCIL OF ST. LEONARD, HYTHE

NOTES TO THE FINANCIAL STATEMENTS

for the year ended 31st December, 2022

NOTE 1. ACCOUNTING POLICIES

The financial statements have been prepared in accordance with the Church Accounting Regulations 1997 together with applicable accounting standards and the Charities SORP.

The financial statements have been prepared under the historical cost convention except for the valuation of freehold property and investment assets, which are shown at market value.

Funds

General 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. Funds designated for a particular purpose by the PCC are also unrestricted.

The accounts include all transactions, asset and liabilities for which the PCC is responsible in law. They do not include the accounts of church groups that owe their main affiliation to another body nor those that are informal gatherings of Church members.

Incoming Resources

Voluntary income and capital sources

Collections are recognised when received by or on behalf of the PCC. Planned giving receivable under covenant or gift aid is recognised only when received. Income tax recoverable on covenants or gift aid donations is recognised when the income is recognised. Grants and legacies to the PCC are accounted for as soon as the PCC is notified of its legal entitlement and the amount due. Funds raised as a result of specific fund raising events are accounted for gross. Sales of books and guides are accounted for gross. Other ordinary income Rental income from the letting of church premises is recognised when the rental is due. Income from investments Dividends and interest are accounted for when receivable. Tax recoverable on such income is recognised in the same accounting year.

Gains and losses on investments

Realised gains or losses are recognised when investments are sold. Unrealised gains or losses are accounted for on revaluation of investment on 31st December.

Resources used

Grants Grants and donations are accounted for when paid over, or when awarded, if that award creates a binding obligation on the PCC.

Activities directly relating to the work of the Church

The diocesan quota is accounted for when payable. Any quota unpaid at 31st December is provided for in these accounts as an operational (though not a legal) liability and is shown as a creditor in the Balance Sheet.

Fixed Assets

Consecrated land and buildings and movable church furnishings

Consecrated and beneficed property is excluded from the accounts by s.96(2)(a) of the Charities Act 1993. No value is placed on movable church furnishings held by the churchwardens on special trust for the PCC and which require a faculty for disposal since the PCC considers this to be inalienable property. All expenditure incurred during the year on consecrated or benefice buildings and movable church furnishings, whether maintenance or improvement, is written off as expenditure in the SOFA and separately disclosed.

Chamber Organ

The Chamber Organ is depreciated on a straight line basis over 10 years.

Other fixtures, fittings and office equipment

Equipment used within the church premises is depreciated on a straight line basis over 4 years. Investments

Investments are valued at market value at 31st December. Current assets

Amounts owing to the PCC at 31st December in respect of fees, rents or other income are shown as debtors less provision for amounts that may prove uncollectible.

Short term deposits include cash held on deposit with CBF Church of England Funds or at the bank.

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THE PAROCHIAL CHURCH COUNCIL OF ST. LEONARD, HYTHE

NOTES TO THE FINANCIAL ACCOUNTS

for the year ended 31st December, 2022 (continued)

NOTE 2. INCOME
Unrestricted
Restricted
2022
2021
Funds
Funds
2(a) Incoming resources from donors
Planned giving:
Gift Aid declarations
46,703
46,703
47,160
Inc.Tax recovered on gift aid
11,307
11,307
10,540
Income tax to be reclaimed
1,053
1,053
2,067
Non Gift Aid giving
7,699
7,699
5,813
Collections (open plate) at all services
8,468
8,468
5,095
Gift Aid Small Donations Scheme
1,701
1,701
908
GASDS to be reclaimed
350
350
257
Sundry Donations
2,224
2,224
1,637
79,505
0
79,505
73,477
2(b) Other voluntary incoming resources
Donations, appeals
8,617
13,080
21,697
32,241
Legacies
5,000
5,000
774,070
Grants
2,900
2,900
2,000
Reclaimed VAT
0
0
Refunds
174
174
0
13,791
15,980
29,771
808,311
2(ci) Incoming resources from operating activities to further the Council's objects
Magazines/Books Sales
977
977
912
Fees
4,451
4,451
2,504
Crypt
11,244
11,244
7,500
16,672
0
16,672
10,916
2(cii) Incoming resources from operating activities to generate funds
Fund-raising Events
220
651
871
47
Magazine advertising revenue
1,140
1,140
1,250
Printing revenue
25
25
90
1,385
651
2,036
1,387
2(d) Trading receipts
Vergers House - Rent
7,200
7,200
7,200
Holy Cross Church Letting Income
0
160
7,200
0
7,200
7,360
2(e) Income from Investment
Investment Income
3,965
3,965
0
Bank Interest
344
3
347
7
4,309
3
4,312
7
2(f) Other ordinary incoming resources
Insurance Claim
7,360
7,360
0
Misc Income
0
0
0
7,360
0
7,360
0
Unrestricted
Restricted
2022
2021
Funds
Funds
46,703
46,703
47,160
11,307
11,307
10,540
1,053
1,053
2,067
7,699
7,699
5,813
8,468
8,468
5,095
1,701
1,701
908
350
350
257
2,224
2,224
1,637
79,505
0
79,505
73,477
8,617
13,080
21,697
32,241
5,000
5,000
774,070
2,900
2,900
2,000
0
0
174
174
0
13,791
15,980
29,771
808,311
1,385
651
2,036
1,387
7,200
7,200
7,200
0
160
7,200
0
7,200
7,360
3,965
3,965
0
344
3
347
7
4,309
3
4,312
7
7,360
7,360
0
0
0
0
7,360
0
7,360
0
TOTAL INCOME 130,222
16,634
146,856
901,458

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THE PAROCHIAL CHURCH COUNCIL OF ST. LEONARD, HYTHE

NOTES TO THE FINANCIAL ACCOUNTS

for the year ended 31st December, 2022 (continued)

NOTE 3. EXPENDITURE
3(a) Grants
Missionary & Charitable Giving:
Church Overseas:
- Missionary Societies
- Relief & Development Agencies
Home Missions & Other Church Societies
3(b) Support Costs
Diocesan Training Funds
Conferences
ALMs/Readers
3(c) Relating to the Work of the Church
Church Maintenance
Church Running Expenses
101 High Street Maintenance
101 High Street Running Costs
Clergy Expenses
Crypt
Depreciation
Diocesan Parish Share
Education/Spiritual Growth
Evangelism/Retreats
Fees expenses
Organ Maintenance
Piano Maintenance
Wages & Staff Costs (see note 4)
3(d) Church Management & Administration
Administration
Office Rent
Bank Charges
Card Charges
Professional Fees
Affiliation Fees
3(e) Vergers House
Repairs & Maintenance
3 (f) Other Resources Expended
Misc Expenditure
Unrestricted
Restricted
2022
2021
Funds
Funds
0
0
1,139
1,139
1,407
0
1,139
1,139
1,407
0
0
0
0
0
0
0
0
0
0
12,552
24
12,576
3,876
27,725
500
28,225
26,630
52,591
11,465
64,056
13,623
2,352
2,352
0
113
113
0
333
333
0
1,200
1,200
2,992
81,279
81,279
87,389
479
435
914
153
254
254
0
0
0
100
2,154
306
2,460
1,810
0
0
6,587
6,587
3,782
186,419
13,930
200,349
140,355
2,096
2,096
1,475
0
0
336
336
51
58
58
46
1,035
1,035
3,711
280
280
130
3,805
0
3,805
5,413
406
406
893
406
0
406
893
0
0
0
0
0
0
TOTAL EXPENDITURE 190,630
15,069
205,699
148,068

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THE PAROCHIAL CHURCH COUNCIL OF ST. LEONARD, HYTHE

NOTES TO THE FINANCIAL ACCOUNTS

for the year ended 31st December, 2022 (continued)

NOTE 4. STAFF COSTS

NOTE 4. STAFF COSTS
Wages & Salaries (Organ/choir)
2022
2021
6,587
3,782
6,587
3,782

During the year the P.C.C. paid for the services of a Director of Music, an assistant organist and choirs.

NOTE 5. FIXED ASSETS FOR USE BY THE P.C.C. (Unrestricted)

COST OR VALUATION
DEPRECIATION
NET BOOK VALUE
NOTES:
Freehold Land
Furniture
Total
& Buildings
& Equipment
835,000
69,681
904,681
Revaluation/purchase
0
0
0
Additions
0
18,652
18,652
At 1 January 2022
835,000
88,333
923,333
At31 Dec. 2022
0
60,081
60,081
0
1,200
1,200
At 1 January, 2021
Charge for theyear
500,000
61,281
61,281
At31 Dec. 2022
835,000
9,600
844,600
At31 Dec. 2021
835,000
27,052
862,052
At31 Dec. 2022

The freehold land and buildings comprise:

Vergers house located at Church Road, Hythe - value £500,000 Valued August 2020

101 High Street, Hythe, purchased 1 October 2021 at £335,000

Furniture & Fixings for 101 High Street valued at £18,652 were purchase during the year.

Furniture & Equipment comprises: Chamber Organ - £8,400 101 High Street Furniture & Fixings - £18,652

NOTE 6. INVESTMENTS
Beckwith Legacy - St James's Place
CBF Investment Fund Units - CCLA
Unrestricted
Restricted
2022
Total 2021
Funds
Fund
8,744
0
8,744
9,626
191,483
0
191,483
0
200,227
0
200,227
9,626

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THE PAROCHIAL CHURCH COUNCIL OF ST. LEONARD, HYTHE

NOTES TO THE FINANCIAL ACCOUNTS

for the year ended 31st December, 2022 (continued)

NOTE 7. FUND DETAILS

The restricted fund comprises:

The Charity Account relates to funds raised for and grants made to support mission work and charities.

St. Leonard's Church which relates to funds donated and used for the upkeep and maintenance of that church.

The Organ Fund which relates to funds donated and used for the restoration and upkeep of the organ in St Leonards's Church.

The Churchyard Impovements Fund relates to funds donated and used for the upkeep and maintenance of the churchyard and boundary walls, railings and gates at St Leonards Church.

Holy Cross After School Club fund which relates to funds donated and used for children's work at Holy Cross Church.

The 101 High Street Garden Fund relates to funds donated for the maintenance of the garden of that property.

The Heating Grant Fund relates to a grant received to assist the parish with heating costs.

The designated fund comprises:

The Vergers House fund which relates to income from renting the property and which is designated for the repair and upkeep of that property but can also be used for general purposes.

The Holy Cross Fund which relates to income from letting the property and which is designated for the repair and upkeep of that property.

A Fabric Fund which the PCC has set aside designated for the upkeep and maintenance of St Leonards Church.

12

THE PAROCHIAL CHURCH COUNCIL OF ST. LEONARD, HYTHE

NOTES TO THE FINANCIAL ACCOUNTS

for the year ended 31st December, 2022 (continued)

NOTE 9. ANALYSIS OF MOVEMENTS IN RESTRICTED FIXED ASSETS

NOTE 9. ANALYSIS OF MOVEMENTS IN RESTRICTED FIXED ASSETS D ASSETS
Balance at
1 Jan 2022
Chamber Organ
9,600
9,600
NOTE 10. ANALYSIS OF MOVEMENTS IN UNRESTRICTED FIXED ASSETS
Balance at
1 Jan 2022
Vergers House
500,000
101 High Street
335,000
Furniture & Fixings 101 High Street
0
835,000
Balance at
1 Jan 2022
9,600
Movement in resources
9,600 0
-1,200
8,400
Balance at
Incoming
Outgoing
31 Dec 2022
0
0
500,000
0
0
335,000
18,652
0
18,652
Movement in resources
835,000 18,652
0
853,652

NOTE 11. ANALYSIS OF MOVEMENTS IN RESTRICTED FUNDS

Churchyard Improvements Fund
Organ Fund
St Leomards Fabric Fund
101 High Street Garden Fund
Heating Grant Fund
Lawrence Wellar Charity
Missions & Charities
Holy Cross After School Club
Balance at
1 Jan 2022
1,174
306
27
0
0
0
343
195
Movement in resources
2,045 16,633
-13,869
4,809

NOTE 12. ANALYSIS OF MOVEMENTS IN UNRESTRICTED FUNDS

Vergers House Designated Funds
Holy Cross Designated Funds
Fabric Designated Funds
Other unrestricted funds
NOTE 13. ANALYSIS OF NET ASSETS
Fixed assets
Investments
Current assets
Current liabilities
Balance at
1 Jan 2022
465
497
0
335,630
Movement in resources
336,592 130,222
-218,680
248,134
Unrestricted
Restricted
Total
853,652
8,400
862,052
200,227
0
200,227
161,646
4,809
166,455
-113,739
0
-113,739
1,101,786
13,209
1,114,995

13

THE PAROCHIAL CHURCH COUNCIL OF ST. LEONARD, HYTHE

14

Trustees Annual Report and Accounts For the Parochial Church Council of St Leonard's Parish, Hythe. For the year ended 31st December 2022. I have examined the reports and accompanying documents relating to the above and in my opinion, they show a true and fair view of the church's financial affairs. Kenneth Clark Independent Examiner