## **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 churchwardens 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
1
To facilitate this work, it is important that we maintain the fabric of the churches in the Parish.
## **Achievements and Performance**
## _**Worship and Prayer**_
The PCC is keen to offer a range of services throughout the parish that our community finds both beneficial and spiritually fulfilling. The Eucharist lay at the heart of our worship, with a Sung Eucharist being our main weekly service at St Leonard’s. We also celebrate our choral tradition, with choral evensong sung twice a month. Anglican Holy Communion is celebrated once a month at SMACCS with joint services at SMACCS, such as Harvest Festival and Palm Sunday, bringing the congregation together for fellowship and worship. The Eucharist is celebrated semi-regularly at Holy Cross on the fifth Sunday of the month (where there is one). But the major feasts of Christmas, Easter and Pentecost are celebrated there, alongside other more occasional services. Weekday services take place every Wednesday at SMACCS, 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 15 baptisms, 8 weddings, and 5 funerals held in church, and 11 funerals conducted on behalf of the parish at crematoria and cemeteries.
This year 5 members of our congregation were confirmed, either in the deanery or 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.
## _**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 on the fourth Sunday.
## _**Mission and Evangelism**_
Our Parish Review has moved to a bi-monthly publication and continues to be distributed widely in the community and is always available at the back of each church. Contributions are welcomed from anyone.
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.
2
We have established an Evangelism Working Group who have compiled a calendar of regular missional events throughout the year.
## _**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 £172,804. In addition restricted income of £4,7787 was also received and is detailed in the financial statements.
Planned giving through bankers orders and weekly envelopes was £44,710 (£49,451 in 2023) while the plate collections at all services totalled £8,625 (£11,613 in 2023). The total expenditure required for the year totalled £167,898 of which £154,241 was from unrestricted or designated funds.
A further £1,885 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 to be dealt with by a separate Community Interest Company.
The parish share as assessed by the Diocese of Canterbury was £88,439 and this was paid by the parish in full but utilising some of the legacy funds.
The remaining historic unpaid parish share was 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.
## _**Reserves Policy**_
Cash reserves held at the bank the end of the year totalled £103,147 of which £1,698 is restricted funds .In addition there is a long term investment portfolio valued at £194,019 and further investments held with CBF Church of England funds of £10,345.
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**_
3
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, 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 seriously and our safeguarding officer, Carolyn Chivers, has continued to promote safeguarding training throughout the parish, working to ensure that all church officers have undertaken their required safeguarding training. Our parish understands that safeguarding is everyone’s responsibility, and so encourages every member of the congregation to undertake Basic Awareness safeguarding 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 2022) and was registered as a charity (No 1144695) on 16 November 2011.
4
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 2024_
|_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_
**_Net Movement in Funds_**
_Balances Brought Forward at_
_1st January, 2024 (2023)_
**_Balances Carried Forward_**
**_at 31st December, 2024 (2023)_**|_Unrestricted_
_Restricted_
_2024_
_2023_
_Funds_
_Funds_
_72,096_
_233_
_72,329_
_81,866_
_61,980_
_4,377_
_66,357_
_49,222_
_26,224_
_0_
_26,224_
_21,285_
_3,058_
_45_
_3,103_
_2,105_
_7,450_
_0_
_7,450_
_9,300_
_1,996_
_123_
_2,119_
_2,504_
_0_
_0_
_0_
_496_|
|---|---|
||**_172,804_**
**_4,778_**
**_177,582_**
**_166,778_**|
||_590_
_1,350_
_1,940_
_1,045_
_150_
_0_
_150_
_150_
_149,541_
_12,307_
_161,848_
_123,493_
_2,532_
_0_
_2,532_
_4,468_
_744_
_0_
_744_
_688_
_684_
_0_
_684_
_760_|
||**_154,241_**
**_13,657_**
**_167,898_**
**_130,604_**|
||_18,563_
_-8,879_
_9,684_
_36,174_
_-1,406_
_0_
_-1,406_
_5,543_|
||_17,157_
_-8,879_
_8,278_
_41,717_
_1,140,107_
_16,605_
_1,156,712_
_1,114,995_|
||**_1,157,264_**
**_7,726_**
**_1,164,990_**
**_1,156,712_**|
_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, 2024_
|_Note_
**_FIXED ASSETS_**
_Tangible Fixed Assets_
_5_
_Investments_
_6_
**_Current Assets_**
_Cash at Bank_
_Other Debtors - Income Tax recoverable_
_GASDS Recoverable_
_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_|_114,403_
_375_
_444_
_0_|_2024_
_855,835_
_204,364_|_136,368_
_380_
_348_
_600_|_2023_
_857,903_
_205,770_|
|---|---|---|---|---|
|||_1,060,199_
_104,791.25_||_1,063,673_
_93,039_|
||_115,222_
_0_
_3,001_
_7,370_
_60_||_137,696_
_40,000_
_2,904_
_1,158_
_595_||
||_10,431_||_44,657_||
|||**_1,164,990_**||**_1,156,712_**|
|||_7,726_
_1,157,264_||_16,605_
_1,140,107_|
|||**_1,164,990_**||**_1,156,712_**|
_Approved by the Parochial Church Council on 8th April 2025 and signed on its behalf by:_
_……………………………………………………………………… Rev M Darkins (Vicar)_
_…………………………………….. 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, 2024_
## _**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, 2024 (continued)_
|**_NOTE 2. INCOME_**
_Unrestricted_
_Restricted_
_2024_
_2023_
_Funds_
_Funds_
_2(a) Incoming resources from donors_
_Planned giving:_
_Gift Aid declarations_
_38,481_
_38,481_
_43,309_
_Inc.Tax recovered on gift aid_
_9,032_
_9,032_
_10,882_
_Income tax to be reclaimed_
_375_
_375_
_380_
_Non Gift Aid giving_
_6,229_
_6,229_
_6,142_
_Collections (open plate) at all services_
_8,392_
_233_
_8,625_
_11,613_
_Gift Aid Small Donations Scheme_
_1,910_
_1,910_
_2,901_
_GASDS to be reclaimed_
_444_
_444_
_348_
_Sundry Donations_
_7,233_
_7,233_
_6,291_
_72,096_
_233_
_72,329_
_81,866_
_2(b) Other voluntary incoming resources_
_Donations, appeals_
_3,371_
_1,265_
_4,636_
_38,137_
_Legacies_
_50,000_
_50,000_
_3,000_
_Grants_
_6,143_
_2,350_
_8,493_
_7,750_
_Reclaimed VAT_
_2,466_
_762_
_3,228_
_335_
_61,980_
_4,377_
_66,357_
_49,222_
_2(ci) Incoming resources from operating activities to further the Council's objects_
_Magazines/Books Sales_
_780_
_780_
_1,082_
_Fees_
_4,073_
_4,073_
_5,318_
_Crypt_
_21,371_
_21,371_
_14,885_
_26,224_
_0_
_26,224_
_21,285_
_2(cii) Incoming resources from operating activities to generate funds_
_Fund-raising Events_
_2,078_
_45_
_2,123_
_950_
_Magazine advertising revenue_
_930_
_930_
_1,050_
_Printing revenue_
_50_
_50_
_105_
_3,058_
_45_
_3,103_
_2,105_
_2(d) Trading receipts_
_Vergers House - Rent_
_7,200_
_7,200_
_7,200_
_Church Hire_
_250_
_250_
_300_
_101 High Street Income_
_0_
_0_
_1,800_
_7,450_
_0_
_7,450_
_9,300_
_2(e) Income from Investment_
_Investment Income_
_0_
_0_
_Bank Interest_
_1,996_
_123_
_2,119_
_2,504_
_1,996_
_123_
_2,119_
_2,504_
_2(f) Other ordinary incoming resources_
_Misc Income_
_0_
_0_
_496_
_0_
_0_
_0_
_496_|_Unrestricted_
_Restricted_
_2024_
_2023_
_Funds_
_Funds_
_38,481_
_38,481_
_43,309_
_9,032_
_9,032_
_10,882_
_375_
_375_
_380_
_6,229_
_6,229_
_6,142_
_8,392_
_233_
_8,625_
_11,613_
_1,910_
_1,910_
_2,901_
_444_
_444_
_348_
_7,233_
_7,233_
_6,291_|
|---|---|
||_72,096_
_233_
_72,329_
_81,866_|
||_3,371_
_1,265_
_4,636_
_38,137_
_50,000_
_50,000_
_3,000_
_6,143_
_2,350_
_8,493_
_7,750_
_2,466_
_762_
_3,228_
_335_|
||_61,980_
_4,377_
_66,357_
_49,222_|
||_3,058_
_45_
_3,103_
_2,105_|
||_7,200_
_7,200_
_7,200_
_250_
_250_
_300_
_0_
_0_
_1,800_|
||_7,450_
_0_
_7,450_
_9,300_|
||_0_
_0_
_1,996_
_123_
_2,119_
_2,504_|
||_1,996_
_123_
_2,119_
_2,504_|
||_0_
_0_
_496_|
||_0_
_0_
_0_
_496_|
|||
|**_TOTAL INCOME_**|**_172,804_**
**_4,778_**
**_177,582_**
**_166,778_**|
9
## _**THE PAROCHIAL CHURCH COUNCIL OF ST. LEONARD, HYTHE**_
## _**NOTES TO THE FINANCIAL ACCOUNTS**_
_for the year ended 31st December, 2024 (continued)_
|**_NOTE 3. EXPENDITURE_**
_3(a) Grants_
_Fund Raising Expenses_
_Missionary & Charitable Giving:_
_Home Missions & Other Church Societies_
_3(b) Support Costs_
_Conferences_
_3(c) Relating to the Work of the Church_
_Church Maintenance_
_Church Running Expenses_
_101 High Street Maintenance_
_Clergy Expenses_
_Youth Worker 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_
_Wages & Staff Costs (see note 4)_
_3(d) Church Management & Administration_
_Administration_
_Bank Charges_
_Card Charges_
_Professional Fees_
_Affiliation Fees_
_3(e) Vergers House_
_Repairs & Maintenance_
_3 (f) Other Resources Expended_
_Misc Expenditure_|_Unrestricted_
_Restricted_
_2024_
_2023_
_Funds_
_Funds_
_545_
_545_
_0_
_45_
_1,350_
_1,395_
_515_|
|---|---|
||_590_
_1,350_
_1,940_
_515_|
||_150_
_150_
_150_|
||_150_
_0_
_150_
_150_|
||_18,951_
_9,469_
_28,420_
_11,408_
_35,853_
_35,853_
_38,623_
_1,885_
_1,885_
_2,816_
_1,647_
_1,647_
_2,149_
_270_
_270_
_2,149_
_30_
_30_
_891_
_5,092_
_1,200_
_6,292_
_5,863_
_88,439_
_88,439_
_82,881_
_-20,000_
_-20,000_
_-31,153_
_265_
_199_
_464_
_243_
_372_
_372_
_322_
_2,516_
_2,516_
_1,240_
_0_
_0_
_0_
_1,543_
_439_
_1,982_
_1,491_
_12,678_
_1,000_
_13,678_
_6,719_|
||_149,541_
_12,307_
_161,848_
_125,642_|
||_1,618_
_1,618_
_2,183_
_326_
_326_
_368_
_298_
_298_
_202_
_0_
_1,478_
_290_
_290_
_237_|
||_2,532_
_0_
_2,532_
_4,468_|
||_744_
_744_
_688_|
||_744_
_0_
_744_
_688_|
||_684_
_684_
_760_|
||_684_
_0_
_684_
_760_|
|||
|**_TOTAL EXPENDITURE_**|**_154,241_**
**_13,657_**
**_167,898_**
**_132,223_**|
10
## _**THE PAROCHIAL CHURCH COUNCIL OF ST. LEONARD, HYTHE**_
## _**NOTES TO THE FINANCIAL ACCOUNTS**_
_for the year ended 31st December, 2024 (continued)_
## _**NOTE 4. STAFF COSTS**_
|||
|---|---|
|**_NOTE 4. STAFF COSTS_**
_Director of Music & Choirs_
_Band Worship Leader_
_Youth Pastoral Assistant_|_2024_
_2023_
_7,043_
_6,719_
_643_
_0_
_5,992_
_0_|
||_13,678_
_6,719_|
## _**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_
_90,047_
_925,047_
_Revaluation/purchase_
_0_
_0_
_0_
_Additions_
_0_
_4,224_
_4,224_
_At 1 January 2024_|
|---|---|
||_835,000_
_94,271_
_929,271_
_At31 Dec. 2024_|
||_0_
_67,144_
_67,144_
_0_
_6,292_
_6,292_
_At 1 January, 2023_
_Charge for theyear_|
||_0_
_73,436_
_73,436_
_At31 Dec. 2024_|
||_835,000_
_22,903_
_857,903_
_At31 Dec. 2023_|
||_835,000_
_20,835_
_855,835_
_At31 Dec. 2024_|
|||
_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_
_New Furniture and Equipment prchased during the year: Adjustable Organ Bench - £3,222 Equipment for Worship Band = £1,002_
_Furniture & Equipment comprises: Chamber Organ - £6,000 101 High Street Furniture & Fixings - £10,611 Adjustable Organ Bench - £3,222 Worship Band Equipment - £1,002_
|**_NOTE 6. INVESTMENTS_**
_Beckwith Legacy - St James's Place_
_CBF Investment Fund Units - CCLA_|_Unrestricted_
_Restricted_
_2024_
_Total 2023_
_Funds_
_Fund_
_10,345_
_0_
_10,345_
_9,843_
_201,095_
_0_
_194,019_
_195,927_|
|---|---|
||_211,440_
_0_
_204,364_
_205,770_|
11
## _**THE PAROCHIAL CHURCH COUNCIL OF ST. LEONARD, HYTHE**_
## _**NOTES TO THE FINANCIAL ACCOUNTS**_
_for the year ended 31st December, 2024 (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._
_Holy Cross 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 Clock Restoration Fund relates to project funds donated and granted for the maintenance of the tower clock._
_School/After School Club Fund relates to funds donated and used for work in our schools._
_The Youth Worker Fund relates to a grant used to fund our Youth Worker._
## _**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, 2024 (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 2024_
_Chamber Organ_
_7,200_
_7,200_
**_NOTE 10. ANALYSIS OF MOVEMENTS IN UNRESTRICTED FIXED ASSETS_**
_Balance at_
_1 Jan 2024_
_Vergers House_
_500,000_
_101 High Street_
_335,000_
_Furniture & Fixings 101 High Street_
_15,703_
_Moveable Organ Stool_
_0_
_Equipment for Worship Band_
_0_
_850,703_|_Balance at_
_1 Jan 2024_
_7,200_|_Movement in resources_|
||_7,200_|_0_
_-1,200_
_6,000_|
|||_Balance at_
_Incoming_
_Outgoing_
_31 Dec 2024_
_0_
_0_
_500,000_
_0_
_0_
_335,000_
_0_
_-5,092_
_10,611_
_3,222_
_0_
_3,222_
_1,002_
_0_
_1,002_
_Movement in resources_|
||_850,703_|_4,224_
_-5,092_
_849,835_|
## _**NOTE 11. ANALYSIS OF MOVEMENTS IN RESTRICTED FUNDS**_
|_Holy Cross_
_Churchyard Improvements Fund_
_Clock Restoration Fund_
_Organ Fund_
_Youth Worker Fund_
_Missions & Charities_
_School/After School Club_|_Balance at_
_1 Jan 2024_
_0_
_1,124_
_8,056_
_0_
_0_
_25_
_198_|_Movement in resources_|
|---|---|---|
||_9,403_|_4,778_
_-12,457_
_1,724_|
## _**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 2024_
_1,284_
_6,415_
_9,742_
_19,749_
_252,214_|_Movement in resources_|
|---|---|---|
||_289,404_|_167,174_
_-149,149_
_307,429_|
|||_Unrestricted_
_Restricted_
_Total_
_849,835_
_6,000_
_855,835_
_206,272_
_0_
_204,364_
_113,524_
_1,698_
_115,222_
_-10,431_
_0_
_-10,431_
_0_|
|||_1,159,200_
_7,698_
_1,164,990_|
13
_**THE PAROCHIAL CHURCH COUNCIL OF ST. LEONARD, HYTHE**_
_The Report of the Independent Examiner will appear here._
14
TheAnnual accounts of St L8onard$ Parish Church fortheye8rend
December 31". 2024
I have examined the accounts and in myopinion they Showa true and fair
view of the church'sfinances.
Kenneth Clark
Independent Examiner