## **TRUSTEES’ ANNUAL REPORT AND ACCOUNTS FOR THE PAROCHIAL CHURCH COUNCIL OF ST LEONARD’S PARISH, HYTHE**
## **Aims and purposes**
_**‘We aim to be an ever-more welcoming, inclusive and caring Christian community that reaches out to all, thankful to God who draws us together and gives us life in all its fullness’**_
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 as well as a choral evensong most Sundays. Anglican Holy Communion is celebrated once a month at SMACCS, with joint services at SMACCS such as Harvest Festival bringing the congregations together for fellowship and worship. Regular services have also re-started at Holy Cross in the form of Evening Praise on the third Saturday of each month, and Morning Praise on the first Sunday of each month. Evening Praise is now being enhanced by the welcomed development of a worship band, led by Anita Jones. Other occasional services, such as Christingle, have also taken place at Holy Cross. Weekday services take place every Wednesday at St Michael’s, alternating between Anglican and Methodist Communion services.
Our main services are live streamed, also weddings, funerals and baptisms on request.
All are welcome to attend our 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 have been 13 baptisms, 12 weddings, and 9 funerals held in church, 2 committals and 6 funerals conducted on behalf of the parish at crematoria and cemeteries.
This year we also had a confirmation service in St Leonard’s where 8 of our congregation were confirmed. A further person was confirmed at the Cathedral.
## _**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. This year we hosted a Deanery Synod meeting at Holy Cross where we listened to an inspiring talk by the St John’s Folkstone Youth Worker.
## _**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 Parish Review has moved to a quarterly publication and continues to be distributed widely in the community and is always available at the back of each church. Contributions welcomed from anyone.
101 The High Street
Following it’s opening by the Bishop of Dover; the Open-Door project has grown in stature and viability. 101 the High Street was purchased by The Parish of St. Leonard, Hythe as a major part of its mission and outreach to all who live within the parish and beyond. By
2
agreement the day to day running of the facility was delegated to the 101 Open Door CIC (Open Door) via a memorandum of understanding. The property comprises: of a double fronted shop onto the High Street which is staffed by volunteers selling local arts and crafts, an inner office complete with WiFi for the use of voluntary, support organizations. A larger meeting area with seating for up to 24 people which can be adapted for use as a
conference/social or exhibition space with both Toilet and small kitchen. Above the shop is a
Maisonette providing 3 offices on the upper floor (currently used by a Charitable Care facility) a large meeting office space and kitchen on the lower floor. There is approximately 80 M2 garden area maintained for social and fund-raising events.
The first full year of opening as a community hub has been exceptional the shop staff 2 volunteers working in two shifts morning and afternoon have been open 6 days a week. The
community Hub now attracts some 10 organizations with a wide range of expertise and need.
Open Door have also built up a good working relationship with Environmental groups, Refugee support, police community liaison etc
The success of this enterprise is credited to the tremendous volunteer group with shared leadership by some of these volunteers who have gained experience in various fields of administration and retail throughout their working lives.
During the past year 2023, Open Door has gained a citation and civic amenity award.
## _**School**_
The church continues to maintain strong links with Hythe Bay Church of England Primary 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.
## _**Ecumenical Relations**_
Churches together in Hythe & Saltwood are making an effort to get things moving and are making a positive step forward.
## _**Financial Review**_
Total receipts for unrestricted funds were £153,001. In addition, restricted income of £13,777 was also received and is detailed in the financial statements.
Planned giving through banker’s orders and weekly envelopes was £49,451 (£54,402 in 2022) while the plate collections at all services totalled £11,613 (£8,468 in 2022). The total expenditure required for the year totalled £205,699 of which £190,630 was from unrestricted or designated funds.
A further £4,530 was spent on furnishing the High Street business premises known as the 101 Open Door Project. The collection of income and payments of running costs continue
3
to be dealt with by a separate Community Interest Company.
An anonymous donation of £30,000 was received during the year and is designated by the PCC so that £10,000 is for Youth Ministry and £20,000 is for parish mission. The parish share as assessed by the Diocese of Canterbury was £82,881 and this was paid by the parish in full but utilising some of the legacy funds.
The historic unpaid parish share was partly paid off during the year as part of an agreement with the Diocese of Canterbury whereby the diocese would match any payment made by the parish. The historic parish share outstanding at the end of the year is £40,000. As the arrangement with the diocese continues for another year it is intended to clear the deficit during 2024.
## _**Reserves Policy**_
Cash reserves held at the bank the end of the year totalled £130,138 of which £9,378 is restricted funds .In addition there is a long term investment portfolio valued at £195,927 and further investments held with CBF Church of England funds of £9,843.
Expenditure on the fabric at St Leonard’s Church is met by legacy funds or requires a request for funding from the Friends of St Leonards Church, 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 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.
4
## _**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.
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|Helen Waymouth|
|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|
||Marilyn Johnson|
|Secretary
|Christine Blackman|
5
## _**THE PAROCHIAL CHURCH COUNCIL OF ST. LEONARD, HYTHE**_
## _**STATEMENT OF FINANCIAL ACTIVITIES**_
_for the year ended 31st December 2023_
|_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, 2023 (2022)_**|_Unrestricted_
_Restricted_
_2023_
_2022_
_Funds_
_Funds_
_81,241_
_625_
_81,866_
_79,505_
_36,215_
_13,007_
_49,222_
_29,771_
_21,285_
_0_
_21,285_
_16,672_
_2,105_
_0_
_2,105_
_2,036_
_9,300_
_0_
_9,300_
_7,200_
_2,359_
_145_
_2,504_
_4,312_
_496_
_0_
_496_
_7,360_|
|---|---|
||**_153,001_**
**_13,777_**
**_166,778_**
**_146,856_**|
||_795_
_250_
_1,045_
_1,139_
_150_
_0_
_150_
_0_
_113,360_
_10,133_
_123,493_
_200,349_
_4,468_
_0_
_4,468_
_3,805_
_688_
_0_
_688_
_406_
_760_
_0_
_760_
_0_|
||**_120,221_**
**_10,383_**
**_130,604_**
**_205,699_**|
||_32,780_
_3,394_
_36,174_
_-58,843_
_5,543_
_0_
_5,543_
_-9,399_
_0_
_0_
_0_
_0_|
||_38,323_
_3,394_
_41,717_
_-68,242_
_1,101,784_
_13,211_
_1,114,995_
_1,183,237_|
||**_1,140,107_**
**_16,605_**
**_1,156,712_**
**_1,114,995_**|
_The notes on pages 8 to 13 form part of these accounts._
6
## _**THE PAROCHIAL CHURCH COUNCIL OF ST. LEONARD, HYTHE**_
## _**BALANCE SHEET**_
_at 31st December, 2023_
|_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_
**_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_|_136,368_
_380_
_348_
_0_
_600_|_2023_
_857,903_
_205,770_|_157,092_
_1,053_
_350_
_7,360_
_600_|_2022_
_862,052_
_200,227_|
|---|---|---|---|---|
|||_1,063,673_
_93,039.20_||_1,062,279_
_52,716_|
||_137,696_
_40,000_
_2,904_
_1,158_
_595_||_166,455_
_102,306_
_2,793_
_8,229_
_411_||
||_44,657_||_113,739_||
|||**_1,156,712_**||**_1,114,995_**|
|||_16,605_
_1,140,107_||_13,211_
_1,101,784_|
|||**_1,156,712_**||**_1,114,995_**|
_Approved by the Parochial Church Council on 19th April 2024 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._
7
_**THE PAROCHIAL CHURCH COUNCIL OF ST. LEONARD, HYTHE**_
## _**NOTES TO THE FINANCIAL STATEMENTS**_
_for the year ended 31st December, 2023_
## _**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._
8
## _**THE PAROCHIAL CHURCH COUNCIL OF ST. LEONARD, HYTHE**_
## _**NOTES TO THE FINANCIAL ACCOUNTS**_
_for the year ended 31st December, 2023 (continued)_
|**_NOTE 2. INCOME_**|_Unrestricted_|_Restricted_|_2023_|_2022_|
|---|---|---|---|---|
||_Funds_|_Funds_|||
|_2(a) Incoming resources from donors_|||||
|_Planned giving:_|||||
|_Gift Aid declarations_|_43,309_||_43,309_|_46,703_|
|_Inc.Tax recovered on gift aid_|_10,282_|_600_|_10,882_|_11,307_|
|_Income tax to be reclaimed_|_355_|_25_|_380_|_1,053_|
|_Non Gift Aid giving_|_6,142_||_6,142_|_7,699_|
|_Collections (open plate) at all services_|_11,613_||_11,613_|_8,468_|
|_Gift Aid Small Donations Scheme_|_2,901_||_2,901_|_1,701_|
|_GASDS to be reclaimed_|_348_||_348_|_350_|
|_Sundry Donations_|_6,291_||_6,291_|_2,224_|
||_81,241_|_625_|_81,866_|_79,505_|
|_2(b) Other voluntary incoming resources_|||||
|_Donations, appeals_|_33,880_|_4,257_|_38,137_|_21,697_|
|_Legacies_|_2,000_|_1,000_|_3,000_|_5,000_|
|_Grants_|_0_|_7,750_|_7,750_|_2,900_|
|_Reclaimed VAT_|_335_||_335_|_335_|
|_Refunds_|||_0_|_174_|
||_36,215_|_13,007_|_49,222_|_30,106_|
|_2(ci) Incoming resources from operating activities to further the Council's_||_objects_|||
|_Magazines/Books Sales_|_1,082_||_1,082_|_977_|
|_Fees_|_5,318_||_5,318_|_4,451_|
|_Crypt_|_14,885_||_14,885_|_11,244_|
||_21,285_|_0_|_21,285_|_16,672_|
|_2(cii) Incoming resources from operating activities to generate funds_|||||
|_Fund-raising Events_|_950_||_950_|_871_|
|_Magazine advertising revenue_|_1,050_||_1,050_|_1,140_|
|_Printing revenue_|_105_||_105_|_25_|
||_2,105_|_0_|_2,105_|_2,036_|
|_2(d) Trading receipts_|||||
|_Vergers House - Rent_|_7,200_||_7,200_|_7,200_|
|_Church Hire_|_300_||_300_|_0_|
|_101 High Street Income_|_1,800_||_1,800_|_0_|
||_9,300_|_0_|_9,300_|_7,200_|
|_2(e) Income from Investment_|||||
|_Investment Income_|||_0_|_3,965_|
|_Bank Interest_|_2,359_|_145_|_2,504_|_347_|
||_2,359_|_145_|_2,504_|_4,312_|
|_2(f) Other ordinary incoming resources_|||||
|_Insurance Claim_|_0_||_0_|_7,360_|
|_Misc Income_|_496_||_496_|_0_|
||_496_|_0_|_496_|_7,360_|
_**TOTAL INCOME 153,001 13,777 166,778 147,191**_
9
## _**THE PAROCHIAL CHURCH COUNCIL OF ST. LEONARD, HYTHE**_
## _**NOTES TO THE FINANCIAL ACCOUNTS**_
_for the year ended 31st December, 2023 (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 Current Year_
_Diocesan Parish Share Diocese Contribution_
_Education/Spiritual Growth_
_Evangelism/Retreats_
_Young People's Ministry_
_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_
_2023_
_2022_
_Funds_
_Funds_
_0_
_530_
_0_
_265_
_250_
_515_
_1,139_|
|---|---|
||_795_
_250_
_515_
_1,139_|
||_0_
_0_
_150_
_150_
_0_
_0_
_0_|
||_150_
_0_
_150_
_0_|
||_6,792_
_4,616_
_11,408_
_12,576_
_36,217_
_2,406_
_38,623_
_28,225_
_1,780_
_1,036_
_2,816_
_64,056_
_0_
_2,352_
_2,149_
_2,149_
_113_
_891_
_891_
_333_
_4,663_
_1,200_
_5,863_
_1,200_
_82,881_
_82,881_
_81,279_
_-31,153_
_-31,153_
_0_
_243_
_243_
_914_
_322_
_322_
_254_
_365_
_875_
_1,240_
_0_
_0_
_0_
_0_
_1,491_
_1,491_
_2,460_
_0_
_0_
_6,719_
_6,719_
_6,587_|
||_113,360_
_10,133_
_123,493_
_200,349_|
||_2,183_
_2,183_
_2,096_
_0_
_0_
_368_
_368_
_336_
_202_
_202_
_58_
_1,478_
_1,478_
_1,035_
_237_
_237_
_280_|
||_4,468_
_0_
_4,468_
_3,805_|
||_688_
_688_
_406_|
||_688_
_0_
_688_
_406_|
||_760_
_760_
_0_|
||_760_
_0_
_760_
_0_|
|||
|**_TOTAL EXPENDITURE_**|**_120,221_**
**_10,383_**
**_130,074_**
**_205,699_**|
10
## _**THE PAROCHIAL CHURCH COUNCIL OF ST. LEONARD, HYTHE**_
## _**NOTES TO THE FINANCIAL ACCOUNTS**_
_for the year ended 31st December, 2023 (continued)_
|**_NOTE 4. STAFF COSTS_**
_Wages & Salaries (Organ/choir)_|_2023_
_2022_
_6,719_
_6,587_|
|---|---|
||_6,719_
_6,587_|
_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_|_Freehold Land_
_Furniture_
_Total_
_& Buildings_
_& Equipment_
_835,000_
_88,333_
_923,333_
_Revaluation/purchase_
_0_
_0_
_0_
_Additions_
_0_
_1,714_
_1,714_
_At 1 January 2023_|
|---|---|
||_835,000_
_90,047_
_925,047_
_At31 Dec. 2023_|
||_0_
_61,281_
_61,281_
_0_
_5,863_
_5,863_
_At 1 January, 2022_
_Charge for theyear_|
||_500,000_
_67,144_
_67,144_
_At31 Dec. 2023_|
||_835,000_
_27,052_
_862,052_
_At31 Dec. 2022_|
||_835,000_
_22,903_
_857,903_
_At31 Dec. 2022_|
## _**NOTES:**_
_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 £1,714 was purchased during the year._
_Furniture & Equipment comprises: Chamber Organ - £7,200 101 High Street Furniture & Fixings - £15,703_
|**_NOTE 6. INVESTMENTS_**
_Beckwith Legacy - St James's Place_
_CBF Investment Fund Units - CCLA_|_Unrestricted_
_Restricted_
_2023_
_Total 2022_
_Funds_
_Fund_
_9,843_
_0_
_9,843_
_8,744_
_195,927_
_0_
_195,927_
_191,483_|
|---|---|
||_205,770_
_0_
_205,770_
_200,227_|
11
## _**THE PAROCHIAL CHURCH COUNCIL OF ST. LEONARD, HYTHE**_
## _**NOTES TO THE FINANCIAL ACCOUNTS**_
_for the year ended 31st December, 2023 (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 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 Clock Restoration Fund relates to funds donated and granted for the maintenance of the tower clock._
_The Youth Ministry Fund relates to funds granted to further young people's work in the parish._
## _**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._
_A Fabric Fund which the PCC has set aside designated for the upkeep and maintenance of St Leonards Church._
_A Youth Ministry Fund which the PCC has set aside to further youg people's work in the parish_
_A Mission Fund which the PCC has set aside to further the general mission of the parish._
12
## _**THE PAROCHIAL CHURCH COUNCIL OF ST. LEONARD, HYTHE**_
## _**NOTES TO THE FINANCIAL ACCOUNTS**_
_for the year ended 31st December, 2023 (continued)_
## _**NOTE 9. ANALYSIS OF MOVEMENTS IN RESTRICTED FIXED ASSETS**_
|_Chamber Organ_|_Balance at_
_1 Jan 2023_
_8,400_|_Movement in resources_|
|---|---|---|
||_8,400_|_0_
_-1,200_
_7,200_|
## _**NOTE 10. ANALYSIS OF MOVEMENTS IN UNRESTRICTED FIXED ASSETS**_
|_Vergers House_
_101 High Street_
_Furniture & Fixings 101 High Street_|_Balance at_
_1 Jan 2023_
_500,000_
_335,000_
_18,652_|_Movement in resources_|
|---|---|---|
||_853,652_|_1,714_
_-4,663_
_850,703_|
## _**NOTE 11. ANALYSIS OF MOVEMENTS IN RESTRICTED FUNDS**_
|_Churchyard Improvements Fund_
_St Leomards Fabric Fund_
_101 High Street Garden Fund_
_Heating Grant Fund_
_Clock Restoration Fund_
_Youth Ministry Fund_
_Missions & Charities_
_Holy Cross After School Club_|_Balance at_
_1 Jan 2023_
_1,152_
_27_
_1,035_
_2,400_
_0_
_0_
_0_
_195_|_Movement in resources_|
|---|---|---|
||_4,809_|_13,805_
_-9,211_
_9,403_|
## _**NOTE 12. ANALYSIS OF MOVEMENTS IN UNRESTRICTED FUNDS**_
|_Vergers House Designated Fund_
_Fabric Designated Fund_
_Youth Ministry Designated Fund_
_Mission Designated Fund_
_Other unrestricted funds_
**_NOTE 13. ANALYSIS OF NET ASSETS_**
_Fixed assets_
_Investments_
_Current assets_
_Current liabilities_
_Rounding Differences_|_Balance at_
_1 Jan 2023_
_762_
_13,898_
_0_
_0_
_233,474_|_Movement in resources_|
|---|---|---|
||_248,134_|_162,755_
_-121,485_
_289,404_|
|||_Unrestricted_
_Restricted_
_Total_
_850,703_
_7,200_
_857,903_
_205,770_
_0_
_205,770_
_128,293_
_9,403_
_137,696_
_-44,657_
_0_
_-44,657_
_-2_
_2_
_0_|
|||_1,140,107_
_16,605_
_1,156,712_|
13
_**THE PAROCHIAL CHURCH COUNCIL OF ST. LEONARD, HYTHE**_
_The Report of the Independent Examiner will appear here._
14
The Annual accounts of St Leonards Parish Church forthe yearend
December31". 2023
I have examined the accounts and in my opinion they showa true and fair
viewof the church's finances.
Kenneth Clark
Independent Examiner