Reglsterod number- 08438643
Charity number: 1152477
KING'S CHURCH MEDWAY
(A company limited by guarantee)
UNAUDITED
TRUSTEES, REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2021

KING'S CHURCH MEDWAY
IA company limited by guarantee}
CONTENTS
Page
Reference and admlnlstratlv• detalls of the Charity. its Trustees and advisèrs
Trustees. rèport
Indèpendent examlner's rèport
Statement of financlal actlvities
Balance shoet
9-10
Notes to the finan¢ial staternents

KING'S CHURCH MEDWAY
IA company limited by guarantsel
REFERENCE AND ADMINISTRATIVE DETAILS OF TPIE CHARITY, ITS TRUSTEES AND ADVISERS
FOR THE YEAR ENDED 31 MARCH 2021
Trustees
Chrtslopher Gill, Pastor
Martin Brogan
lan Vickery
Sylvia Ribben5
Keith Rayfield (appointed 27 July 20201
J8mes Sowah
Tafumanei ChapindLJka
Company reglstered
number
08438643
Charlty reglstered
number
1152477
Registered offltg
New Road Avenue
Chatham
Kent
ME4 6BB
Independent Exarniner
Duncan Cochrane•Dyet BS¢ BFP FCA
MHA Maclnlyre Hudson
Victoria Court
17-21 Ashford Road
Maidstone
Kent
ME14 5DA
Page 1

KING'S CHURCH MEDWAY
IA eompany Ilmited by guarantee)
TRUSTEES. REPORT
FOR THE YEAR ENDEO 31 MARCH 2021
The Trustees preseni their annual report tO98lher with the financial statements of the Chaiity for the 1 April
2020 to 31 March 2021. The Annual report serve5 the purw)ses of both a Trustees, report and a directors,
report under company law. The Trustees confirm that the Annual report and financial statements of the
charitable company Cor￿p￿ with the ¢urrent slalLrtory requirements, the requirements of the charitable
company's goveming document and the provisions of the Statement of Recomrnended Practice ISORPI
8pplicable lo charities preparing their accounts in accordan￿ with the Financial Reporting Standard applicable
in the UK and Republic of Ireland IFRS1021 (effective 1 January 20191.
Since the Charity qualifies as small under section 382 of the Companie5 AGI 20Q16, the Strategic report required
of medium and large companies under the Companies Act 2006 Islralegic Report and Directors. Report)
Regulations 2013 has boen omitted.
Objgctiv•s and activiti#$
a. Policles and oblè¢tlves
The advan￿ment of thg Christian faith by the prodamation 8nd furtherance of the gospel of God. The
promotion of the worship ol God by any means whatsoever, including the preaching and proclamation of the
Christian gospel, the teaching of the Christian dlxtrine and principles, and the printing, production and
istribvlion of Christian lileralure, media products and other resources.
The relief of persons in conditions of financial need, or of those persons who are infimi for reasons of old age or
sickness.
The advancernent of education on the b8sis of Christian prinuples, including the provision of educational
establishments, materials and tKJrsaries for the general education ol children or adults.
We continue to pursue our 0￿.eCtiveS through the acliwts'es ol Ihe departments already stated.
In setting objectives and planning for activities, the TAJStees have given due consideration to general guidance
published by th& Ch8ri1y Cornmission relating to public benefrt, including the guidance 'Public benefit.. running
charsty IP821'.
b. M¥in •ctivities undertaken to fiirthgr th• Chatity's PLFrposes for the publlc benoflt
The Trusteès confirm that, lo the best of their abllity, they have consislenlly complied with their duty lo have due
regard lo the guidance on public benefit published by the Charity Commission in exercising their powers or
dutses. The main activits'es undertak&n were the advancement of the Christian falth. the relief of persons in
conditions of financial need, or of those persons who are infirm for reasons of old age or sickness, and the
advan￿rnent of $ducalion on the basis of Chrislian principles for the public benefit.
Achlovements and perforniance
. Kèy performance indicator5
The lotsl incoming ￿SOurCeS for the year were £526.594 12020.. £454,405). Total reSoUr￿S expended were
£427,44412020.- £426,692>. leaving net incoming resources of £99,150 (2020.. £27,713) before transfers.
Included in total incoming resources for the year were tithes and offerings lotslling £365,92612020.. £306,532).
Page 2

KING'S CHURCH MEDWAY
{A company Ilmited by guarnnteel
TRUSTEES. REPORT ICONTINUEDI
FOR THE YEAR ENDED 31 MARCH 2021
Financial review
a. Going concern
The trustees have reviewed the charitys forecasts, and, in particular have considered the pDienb"aS implications
of the Coronavirus ICOVID-191 pandemic. Whilst the eventual impact of the pandemic on the Charity, and the
overall economy remain5 uncertain, the trustees are Confident that the charity wll be able lo remain operational
throughout the pandemic so there is reasonable expectation that the charity will have adequate resources to
continue for the foreseeable future. The charily therefore conlinues lo adopt the going concern basis in
preparing its finèncial statements.
b. Reserves policy
The Charity held fund balances at 31 March 2021 of £1,074,874 12020.. £975,724). consisting of unrestricted
funds of £1,044,539 12020-. £944,956) and reslri¢ted funds of £30,335 12020.. £30,768). Within unrestricted
funds therè are d8signateiJ funds of £295.20212020." £282,339).
The designated funds represent transactions relating lo the separate residential project run by the Church
known 88 Caring Han¢Ys in the Community.
¢. Principal risks and uncertainties
The principal risks lacing the Churth are-
Reputstional risk- miligaled by frequent review by trustees
Financial risk- the principal financial risks are a reduction in donations and funding, unbudgeted ￿n￿ase
d. Principal funding
Financial donations Itithes and offerings) from Church members and attende￿ on 8 weekly or monthly basis.
Gift aid reclaimed Érom HMRC.
Structurei governancg and management
a. Constllutlon
King's Church Medw8y is registered as a tharitable company limited by guarantee and was set up by a
Memorandum of Association.
The Charity is conslituled under a Trust deed and 15 a registered charity, number 1152477.
The Charity shall hold the Trust Fund and its in¢ome upon Irusl lo apply them for the following objects,
principally in the Medway Towns area of Kent.. the 8dv8n¢ement of the Christian faith and lor such other
charitable purposes as the Trustees shall from time to lime detemine.
Trustees
There has been one addition to the Trustee's board in this period. Keith Ra￿481￿ has joined the team in July
2020.
Pag& 3

KING'S CHURCH MEDWAY
(A company Ilmited by guarantee
TRUSTEES. REPORT ICONTINUEDI
FOR THE YEAR ENDED 31 MARCH 2021
Stru¢ture. governance and management Icontlnugd)
Leadership
The Church is led by a team of elders whose appointments were based on proven integrity and commitment to
the work of the church. The church is formed of two congregations, one in Chatham and the other in Gillingham.
The eldership is named as follows Chalham., Mr Paul Akinabadewa. Rev Martin Brogan, Mr Yeml Onbanjo &.
Gillingham.. Rev Christopher Gill, Mr James Sow8h & Mr Isaac Oluwole.
The Elders provide their services on a voluntary basis with the exceptson of Rev Martln Brogan and Rev
Christopher Gill who are employed full time by King's Church.
Deacons and the Servant Group
The church has in place a team of Deacons who take résponsibility for the many practical aspects of the
church. A 'Servant Group" which comprises of Elders, Deacons and other department leaders. who individually
head up the various departments of th8 chLJrch, ¢onlinues lo meet regularly to provide information 8n(J feedback
from their various departments. As the Ghurch grows numerically. the SeNant Group provides the Elders with a
ready source of contact and inlomalion regarding the various needs and concems of the congregation.
Oblectlves and a¢tlvltles for Publlc Benefit
Th¢ printipal 8clivilies of th8 charity during the year have been th8 8(fvancement of the Christian faith and other
Charitable 3ctivities including a Day Cenlre for the homeless and disadvantaged, a Job Club assisting the long
ttsrm unetnployed in their search for work and an After School Club for local chil(Sren.
The Trustees confim that they have referred lo the guidance ¢ontsined in the Charity Commission's general
guidance on public benefit when reviewing the Charity's aims and objectives and in planning future activities.
General Ov8Thigw
We are thankful to witness God's hand at work in the growing number of partnerships in the community working
th us to fulfil the objects of the charity lo the benefit of all.
The church continues to enjoy good relationships and partnerships with the local authority, Kent Police, NHS as
well as local schools in tackling social challenges in and around the Medway Towns.
King's Church Glllingham
Conlinues to grow and flourish al Ils current locatSon Skinner Street Gillingham for Sunday sgNices.
Carfng Hands in the Community
This ministry continues to provide meals and various other facilities in support of the homeless and needy of the
Me(Iway Towns. The average week sees some 500 visits from service users and over 1,400 meals and snacks
served as part of the holistic package of services tsilored lo help achieve successful outcomes for those in
crisis. The residential space of the prope￿eS attached lo the Day Centre are currently being repurposed
Llght the Way
This is the overseas mission actiwty providing solar panel fitments to projects such as orphanages & schools in
deprived areas of the world.
Children's Church Chatham branch
The work continues to grow wilh a sound Bible locussed wrriculum in place. All workers in the Children's
Church work on a voluntsry basis. The children's church occupies the rooms on the ground floor of Ihe church
building.
Page 4

KING'S CHURCH MEDWAY
(A company Ilmited by guarante8
TRUSTEES. REPORT ICONTINUEDI
FOR THE YEAR ENDED 31 MARCH 2021
Structur•i governanco and managèment lcontinuedl
Life Groups
These small groups meel mid-week mainly in various homes around Medway and beyond. They continue to
provide a valuable opportuniiy for the King'5 Church congregation to interact with and befriend each other on an
infomial basis.
Pastoral Care
The pastoral care of the church is overseen by the eldership & is effectlvely supported by the Life Group leaders
as well as members of the general congregation.
b. Methods ol appointment or election of Tru$tèe$
The management of the Charity is the responsibility of the Trustees who are elected and co-opted under the
lerrns of the Trusl deed.
c. Policies adopted for the induction and tralnlng of Trustees
The Policies adopted are those of the Charity Commission publications as per the website.
Trustees are reminded pericxlically to review th8se docurllents.
Any new Trusl¢es issued with access lo copies for perusal.
d. Pay pollcy for key management p¢rs¢nn*l
Pay Teviews for all staff are conducted annually by th& Trustee kx)ard.
e. Fundraising
The Church does not work wilh professional fundraisers.
Plans for future pèriods
To continue to pursue our established obje¢tlves In the coming year. An assessment of our current buildings
and their need for upkeep is being currently implemented and works will continue in 2022. A revlew of our
current ch8ritsble activities and future proposed activities is also plannèd for 2022. The primary aim will be to
seek ways to further increase the effect of the charity's public benefit. Th8 current repurp05ing of the former
King's Community buildings wll further enhance our ability to better serve our local cornmunity in the years
ahead.
Page 5

KING'S CHURCH MEDWAY
(A eampany limited by guarantee)
TRUSTEES. REPORT ICONTINUEDI
FOR THE YEAR ENDED 31 MARCH 2021
ststement of Trustees. responslbillties
The Trvstees (who are also the directors of the Charity for the purposes of company lawl are responsible for
preparing the Trustees, report and the financial statements in accor(Sance with applicable law and United
Kingdom Accounting Stsnd8rds (United Kingdom Generally A¢¢epted Accounting Practice).
Company law requires the Trustees lo prepare financial statements for e8ch financial . Under company13w, the
Trustees mu51 not approve the financial slatements unless Ihey are satisfied th81 they give a true and fail view
of the stale of affairs of the Charity and of its incoming resources and application of resources. including its
income and expenditure, for that period. In p￿paring these f5nancial statements, the Trustees are required lo..
select suitable accounting poliues and then apply them consistently,
observe the methods and principles of the Charities SORP {FRS 1021.,
rnake judgements and accounting eslimales that are reasonable and prudent".
state whether applicable UK A¢counling Standards IFRS 1021 have bè6n followed. subject lo any
material departures disclosed and explained in the financial ststements.,
prepare the financial statements on the going concern basis unless il is inappropriale to presume th81 the
Charity will continue in business.
The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain
the charit￿s transactions and disclose wth reasonable accuracy at any time the financial position of the Charity
and enable them to ensure that the financial statements comply wth the Companies Act 2006. They are also
responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the prevenliDn
and detection of fraud and other irregularities.
Approved by order of the members of the board of Trustees and signed on their behaK by.
Christophèr Glll
Truslee
Date..
In
stee
Page 6

KING'S CHURCH MEDWAY
IA company limited by guarant￿)
INDEPENDENT EXAMINER'S REPORT
FOR THE YEAR ENDED 31 MARCH 2021
Indgpondènt oxaminovs rèport to the Trustees of King'5 Church Medway I'the Charlty'l
I report to the char*Èy Trustees on my examination of the accounts of the Charity for the year ended 31 March
2021.
Responslbllities and bas1$ of report
As the Trustees of the Charity land its directors for the purpose5 of company lawl you are responsible for the
preparation of the accounts in accordance wllh the requirements of the Companies Act 20061.the 2006 Act'l.
Having satisfi8é myself that th8 accounts of the Charity are not required to be audited under Part 16 of the 2006
Act and are eligible for independent examination, I report in respect of my examination of the CharIt￿S accounts
carrie(l out under section 145 of the Charities Act 2011 I'lhe 2011 Act'l. In carwng out my examination I have
followed the Directions gNen by the Charity Commisston under section 14515llbl of the 2011 Act.
Independent examiner's statement
Since the Charitys gross income exceeded £250,000 your examiner must be a member of a body Ilsled in
section 145 of the 2011 Act. I confirm that l am qualified to undertake the examin81ion bècausè l am a membar
of the ICAEW, which is one of the listed bodies.
I have completed my examination. I confimi that no matters have Come lo my attention in connection with the
examination giving me cause to believe..
accounting records were not kept in respect of ihe Charity as required by section 386 of the 2006 Acl,. or
the accounts do not accord wth those records., or
the accounts do not comply with the accountirbg requirements of section 396 of the 2006 Act other than
any requirement that the accounts give a 'true and fair, view which is not a matter considered as part of
an independent examinab'on., or
the accounts have not been prep8red In accordance wth the methods and prinaples of the Statement of
Recommended Practice for accounting and reporb'ng by charities, applicabSe to charities preparing their
accounts in accordance wlh the Finan￿al Reporting Standard applicable in the UK and Republlc of
Ireland IFRS 1021.
I have no concems and have come across no other matters in connȢlion with the examination lo which
attention should be drawn in this report in order to enable a proper underslariding of the accounts lo be
reached.
Signed..
Dated.. 08 January 2022
Duncan Cochrane.Dyet Bsc BFP FCA
MHA Maclnwe Hudson
Maidstone
United Kingdom
Page 7

KING'S CHURCH MEDWAY
(A company limited by guarantee)
STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING INCOME AND EXPENDITURE ACCOUNTI
FOR THE YEAR ENDED 31 MARCH 2021
Restrlcted Unrestrl¢ted
funds
funds
2021
2021
Total
funds
2021
Total
fvnds
2020
Note
Incomè from:
Donatiot)s and legacies
Charitsble activitie5
Investments
521,746
4,655
193
521,746
4,655
193
403, 106
50,790
509
Total income
526,594
526,594
454,405
Expenditure on-
Chafttable activities
433
427,011
427,444
426,692
Total expenditure
433
427.011
427,444
426,692
Net movement In funds
14331
99,583
99,150
27,773
Reconciliation of fund$:
Total funds brotjghl forward
Net movement in ftjnds
30,768
(4331
944,956
99,583
97S,724
99.150
948,077
27. 773
Total lunds carrled forward
30,335
1.044.539
1,074,874
975,724
The notes on pages 11 to 24 form part of these financial statements.
Page 8

KING'S CHURCH MEDWAY
IA company limited by guarantee)
REGISTERED NUMBER: OB438643
BALANCE SHEET
AS AT 31 MARCH 2021
2021
2020
Note
FSxed assets
Tangible assets
1,263,154
1,244,515
1,263,154
7,244,515
Current as$ets
Debtors
Cash at bank and in hand
12
25,187
196.111
13,277
767, 100
221.298
180.317
Creditors= amounts falling due within one
year
13
(60.1111
(77.493)
Net current assets
181,187
702,824
Total assets less current liabilrtlès
1,424,341
1,347,339
Creditors.. amounts falling due aft8r more
than one year
14
1349,4671
(371,615)
Total net assets
1,074,874
975,724
Charlty funds
Reslricted funds
Unreslrfcled funds
30,335
1,044,539
30. 768
944.956
15
Total fund5
1,074.874
975,724
Page 9

KING'S CHURCH MEDWAY
IA company limited by guarantee}
REGISTERED NUMBER: 08438643
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2021
The Charity was ènlrtJ9d lo exemption from aLFdit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit for the year in question in accordance
section 476 of Companies Act 2006.
The Trustees acknowledge their responsibilities for complying with the requirements of the Act respect lo
8CGounling records and preparation of finan¢ial stattrmenl5.
The financial slalements have boen prepared in accordance wilh the provisions applicable to enlilies subject to
the small companies regim8.
The financial ststemerjts were approved and authorised for issue by the Truslees and signed on their behalf by..
fjICLL
Christopher Gill. Pastor
Date..
Thè notes on pages 11 to 24 form part of these financial statomgnts.
Page 10

KING'S CHURCH MEDWAY
{A company Ilmlted by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2021
General infomiation
King's Church Medway is a company, limited by guaranlee, incorporated in England and Wales. The
members of the company are the Trustees named on p8ge 1. In the event of the charity being wound up,
the liability in rèspe¢t of the guarantee is Simited to £1 per member.
Accountlng pollcles
2.1 Basis of preparatlon of financial statements
The financial slalemenls have been prapared in accordancè with the Charities SORP IFRS 1 021
Accounting and Reporting by Charities." Statement of Recommended Practice 8pplic8ble to charities
preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK
and Republic of Ireland IFRS 1021 leffeclive 1 January 20191, the Financial Reporting Standard
applicable in the UK and Republic of Ireland IFRS 1021 and the Cornpanies Act 2006.
King's Church Medway meets the definition of a public benefit entity under FRS 102. Assets and
liabilities arg initially recognised at historical cost or transaction value unless othe￿Is8 stated in the
relevant accounting policy.
The financial statements are presented in slerllng which is the functional CUr￿￿¢Y and is rounded lo
the nearest £1.
2.2 Going concern
The financial statements are prepared on a going concem b8sis and there are no material
uncertainties Ihal cast significant doubt on the Charity's ability lo continue as a going concern. The
Trustees have considered the irnpact of Covid-19 as part of their going concern assessment.
2.3 Income
All Income is recognSsed once the Charity has entitlement to the Income, 51 is probable that the
income will be received and the amount of income receivab18 can be measured reliably.
Grants are included in the Statement of financial activities on a receivable basis. The balance of
income receSved for specffic purposes but not expended during the period is shown in Ihg relevant
funds on the Balance sheet. Where income is recelved in advance of entitlement of receipt, its
rec(yJnilion is deferred and included in creditor8 as deferred income. Where enliuement occurs
before income is received. the income is accrued.
Income tax recoverable in relation lo investment income is recognised al the lime the investmenl
income is receivable.
Page11

KING'S CHURCH MEDWAY
IA company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2021
Accounting pollcles l¢ontlnuedl
2.4 Expenditur8
Expenditure is rȢognised once there is a leg81 or constructive obligation to Ir8nsfer economic
benefit to a tl)IrJ party, it is probable that a transfer of economic benèfits will be required in
settlement and the amount of the obligation can be measured reliably. ExpendiluTe is classrfied by
activity. The costs of each activity are made up of the total of (Jirecl costs and shared costs.
including support cosls involved in undertaking each aclivity. Direct costs attributable to a single
activity are allocated directly to that activity. Shared ¢osts which contribute lo more than one a¢tsvity
and support costs which are not attributable to a single activity are apportioned be￿een those
activities on a basis consislenl with the use of resou￿e9_ Central stsff costs are allocated on the
basis of lime spent, 8nd depreciation tharges allocalod on the portion of the asset's use.
Expenditure on charilable acliwlies is incurred on directly undertaking the acttvili&s which further the
Charitls objectives, as well as any asso¢ialed support costs.
All expenditure is indusive of irrecoverable VAT.
2.5 Government grants
Govemment grants relating lo tangible fixed assets are treated as deferred income and released to
Ihe Statement of financial ath'vities over the expected useftjl lives of the assets concemed. Other
grants are credited to the Slalement of financial activities as the related expenditure is incurred.
2.6 Tangible fixèd •5$*ts and depreciation
Tangible fixed assets are initially recognised at cost. After recognits'on, under the cost model,
tangible fixed asse15 are measured at cost less accumulated depreciation and any accurnulated
impairrnent lgsses. All costs incurred lo bring a tsngible fixed asset into its intended working
conditron should be included in the Tneasuremenl of cost.
Depreciation is charged so as to allocale the Cost of tangible fixed assets less thoir residual value
over their estimated useful lives. on the bases given below.
Depreciation is provided on the followng basis..
Freehold propety
Motor vehicles
Fixtures and fillings
Office equipment
Church equipment
2Wo straight-line on bLtildings
25VD reducing b8I8nce
25Vo reducing balance
25Vv reducing balance
25Yo reducing balance
2.7 Debtors
Trade and other debtors are recognised at the settlement amount after any trade discount offered.
Prepayments are v8lued al the amount prepaid n&t of 8ny trade discounts due.
2.8 Cash at bank and in hand
Cash al bank and in hand includes cash and short-temi highly liquid investments wilh a short
maturity of Ihiee months or less from the date of acquisition or opening ol the deposit or similar
account.
Page 12

KING'S CHURCH MEDWAY
IA company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2021
Accounting poli¢l&s Icontinuedl
2.9 Liabilities and provisions
Liabilib'es are recogni5ed when there is an obligation at the Balance sheet date as a result of a past
event. it is probable that a transfer of economic benefit wll be required in settlement, and the
amoltnt of the settlement can be estimated reliably.
Liabilities are recognised at the amount that the Charity anticipates it will pay lo sellle the debt or the
amount it has Teceived as advanced paymen15 for the goods or services il must provi¢Je.
Provisions are measured al the best estimate of the amounts ￿qUIred lo settle the Dbligab'on. Where
the effecl of the time value of money is material, the provision is based on the present value of those
amounts. discounted al the pre-tax discounl rate that refl&¢ls the tisks specific to the liability. The
unwindin9 of the discount is recognised in the Statement of financial acliviknes as a finance cost.
2.10 Flnan¢ial instruments
The Charity only has financial assets and financial liabilities of a kind thal qu85fy as basic financial
instruments. Basic financi81 instruments are inilially recognised at Iran58ction value and
subsequently measLired at their Settlement value with the exception of bank loans which are
subsequently measured 8t amorused cost using the effective interest method.
2.11 Penslons
The Charity operates a defined contribution pension s¢heme and the pension charge reprèsents the
amounts payable by the Charity to the fund in respect of the year.
2.12 Fund accounting
General funds are unrestricted funds whith are available for us$ at the discretion of the Trustees in
furtherance of the general objectives of the Charity and which have not been designated for other
purposes.
Designated funds comprise unrestricted funds that have been sel aside by the Trustees fcir
particular purposes. The aim and use of each designated fund is sel oul in the notes lo the financial
statements.
Restricted funds are funds which are lo be used in accordance with specific restrictions imposed by
donors or which have been raised by ihe Charity for particular purposes. The costs of raising and
administering such funds are charged against the specific fund. The aim and use of each restricted
fund is set out in the notes to the financial stslements.
Investment income, gains and losses are allocated to the appropriate fund.
CrStlcal accounting estimates and areas of judgement
No keyjudgemenls lapart from those involving estimates as disclosed in the notes abov¢l have been
made in the process of aPpI￿ng the above accounting pollcies.
Page 13

KING'S CHURCH MEDWAY
IA company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2021
Income from donations and legacies
Unrestrlcted
funds
2021
Total
funds
2021
Total
funds
2020
Tllhes and offerings
Grant income for charitable 8clivilies
Tax credit on gift aided income
365,926
89,271
66,549
365.926
89,271
66,549
306,532
53,700
43,474
Total 2021
521,746
521,746
403. 106
Total 2020
403, 106
403, 106
Income from charltablg actSvltlos
Unrèstrltted
funds
2021
Total
funds
2021
Tolal
runds
2020
Missions
Rental income
Vending machine sales
Café and Ks'ng's kit¢h¢n sales
4,655
4,655
37,693
2,597
764
9.736
Total 2021
4,655
4.655
50. 790
rotal 2020
50, 790
50.790
Page 14

KING'S CHURCH MEDWAY
IA company IlmltÈd by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2021
Investment income
Unrestri¢ted
funds
2021
Total
funds
2021
Total
funds
2020
Bank interest received
193
193
509
Total 2020
509
509
Analysls of oxpendlture on charitable activities
Summary byfund type
Restricted Unrestricted
funds
funds
2021
2021
Total
funds
2021
Total
funds
2020
Charitsble activities
Govemance costs
433
414,727
12,284
415,160
12,284
405,348
21.344
Total 2021
433
427,011
427,444
426,692
Total 2020
828
425,864
426,692
Summary by expenditure type
Total
funds
2021
rolal
funds
2020
Staff costs Depreciation Oth¥r Costs
2021
2021
2021
Charitable activities
Govemance costs
117.759
47,176
250.225
12.284
41S,1eo
12,284
405.348
21,344
Total 2021
117,759
47.176
262.509
427,444
426,692
Total 2020
730, 126
40,277
256,28g
426.692
Page 15

KING'S CHURCH MEDWAY
IA cornpany limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2021
Analysls of expendlture by activities
Support
costs
2021
Total
funds
2021
Total
funds
2020
DSre¢t Costs
2021
Charitable activities
Govemance costs
305,785
12.284
109,375
415,160
12,284
405,348
21,344
Total 2021
318.069
109,375
427.444
425,692
Tolal 2020
331,334
95,358
426.692
Page 16

KING'S CHURCH MEDWAY
IA company Ilmited by guarantee)
NOTES TO THE FINANCLIL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2021
Analysis of expenditure by a¢tl¥ltlos Ic¢ntinued)
Analysis of direct costs
Charitable
actlvitSès
Chur¢h
2021
Governance
costs
2021
Total
funds
2021
Total
fvnds
2020
Wages and salaries
Depreciation
Mission expenses
Motor and travel expenses
Buildings insurance
Premises maintenance
Communication costs
Material and ￿UIpMent
Utilities
Legal and professional fees
Refund of mission income
Bank and finance charges
Café expenses
Other expendlture
Donations paid
Independent examination fees
Accountancy fees
Children's church
Adverbsing
Meeting expenses
Youth club costs
H811 hire
Rent
84,378
33,197
2,936
2,972
14,545
25.989
5.415
17,722
33,553
5,815
30,539
1,360
7,950
18,980
7,700
84,378
33.197
2,936
2,972
14,545
25,989
5.415
17.722
33,553
5,815
30,539
1,360
7,950
18,980
7.700
5,532
6,395
758
100,090
24.689
14,285
19,424
8,913
38,941
5,854
17,081
45,027
542
2.603
3, 702
8,958
5,532
6,395
5,220
5,800
1.699
758
155
155
357
357
10,324
2.656
3,630
11,896
521
400
10,900
521
10,900
Total 2021
305.785
12,284
31B,069
331,334
Total 2020
309,990
21,344
331,334
Page 17

KING'S CHURCH MEDWAY
IA company limited by guarant891
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2021
Analysis of expèndlture by a¢tivities {continuedl
Analy$l$ of support ¢osts
Charltable
actlvltle$
Rèsidantlal
2021
Total
funds
2021
rolal
funds
2020
Wages and salarigs
Depreciation
Premises mainlen8nce
Bank and finance chafges
33,381
13,979
49,787
12.228
33,381
13,979
49.787
12.228
30,036
15,588
34.192
75,542
T¢lal 2021
109,375
109,375
95,358
Total 2020
95,358
95,358
Indep¢nd•nt examlner's remuneration
The Independent Examinerfs remuneration amounts to an Independent Examination fee of £5,53212020..
£5,220) and accountancy. bookkeeping and payroll fees of £6,395 {2020'. £5,800).
10. Staff costs
2021
2020
Wages and salaries
Contribution to defined contribution pension s¢hemes
116,118
1.641
128,225
1,901
117,759
130, 126
During th8 year, no employe812020: one) received re(Jundancy paym8nls, tolalling £nil12020.' £3,824).
The average number of persons employed by the Charity during the year was as follows:
2021
No.
2020
Employees
Page 18

KING'S CHURCH MEDWAY
IA cornpany limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2021
10. Staff costs l¢ontinuedl
No employee received rernuneralion arnounting to more than £60,000 in eilhei year.
Martin Brogan. a trustee of the charity, re￿1Ve￿ remuneration during the year lotalling £35.000 12020..
£35,000> and employer penslon contributions tolalling £863 12020.. £8661 in respect of amploymenl of
services as operations manager of the charity.
Christopher Gill, a trustee of the charity, received remuneration during the year totalling £25,00012020.'
£25,000) and employer pension contributions lotalling £Nil 12020". £1411 in respect of employrnenl of
Se￿Ice$ as a pastor of King's Chulch Glllingham.
The Charity has legal authority lo pay its Trustees remuneTation as set out in the goveming document.
Apart from the remuneration disdosed above, the￿ were no other benefits paid lo any of the Iruslees
Lyuring the year12020'. £NIII.
During the year. no Trustee expenses have been incurred12020- £Nil).
11. TangiblÈ fixed assets
Freehold
propèrty
Motor
Flxtures
Offlcg
Church
vehicles and fitting5 equipmènt equipment
Total
Cost or valuation
Al 1 April 2020
Additions
1.238,670
15,330
36,936
88,419
45,990
39,209
1,556
57,363 1,460.597
2.939
65.815
At 31 March 2021
1.254,000
36,936
134,409
40,765
6Q,302 1,526,412
D•prè¢latlon
At 1 April 2020
Charge for the year
65,457
16.718
29,597
1.835
52,261
21,B79
23,681
4,015
45.086
2,729
216.082
47,176
At 31 March 2021
82,175
31,432
74,140
27.696
47,815
263,258
Net book value
At 31 March 2021
1,171,825
5.504
60,269
13,069
12,487
1.263,154
At 31 March 2020
1, 173,213
7,339
36.158
15,528
12,277
1,244,515
Page 19

KING'S CHURCH MEDWAY
{A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2021
12. DebtOTS
2021
2020
Other debtors
Prepayrnents
17.135
8,052
7,265
5,952
25,187
13,217
13. Credltor$: Amount5 fallSng due wlthln one year
2021
2020
Bank loans
Trade creditors
Other taxation and social secxjrily
Pension fun
Accruals and deferred income
35.047
16,065
2,096
319
6,584
36,658
28.606
2,180
321
9, 728
60.111
77,493
14. Creditors.. Amounts falllng duè after more than ono year
2021
2020
Bank loans
349,467
377,615
The aggregate amount of liabilities payable or repayable wholly or in part more than five years aft$r the
repoitng dale Ss..
2021
2020
Payable or iepayable by instalmenls
349.467
371,615
349,467
371.615
The mortgage is securtrd by a charge over the freehold property known as Elm House, New Road,
Chatham, Kenl,- The Bridge Cenlre, New Road, Chatham, Kent and King's Church, New Road Avenue,
Chatham, Kent from Barclays Bank plc.
Page 20

KING'S CHURCH MEDWAY
IA company Ilmited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCTrI 2021
15. Statèment ol fund8
ststement of fvnd5 - current year
Balanc• at
31 March
2021
Balance at 1
Aprll 2020
Income Expendlture
Unrestricted funds
De$lgnated funds
Caring Hands
282,339
106.960
194,0971
295,202
General funds
General fund5
662.617
419,634
(332,9141
749,337
Total Unrestrfcted funds
944,956
526,594
(427,0111
1,044,539
Re$trl¢ted funds
Buildings Reslrictsd Fund
30,768
{4331
30,335
Total of fund5
975.724
526,594
(427,4441
1.074,874
General Fund
Includes donations and legacies made principally to SUPPDrt projects which Cannot be classified wlhin
the charitls main headings. 11 also includes funds for which have been donated advance of any
(Jesignalion or restriction applied by or notified lo the Trustees.
Designated Funds
Caring Hands The designated fund represents transactions relating lo the separate residential prDje¢t
run by the Church known as Caring Hands.
Re$tri¢ted Fund$
Buildings reslricled fund The restricted fund is in relation lo gifts received towards the cost of linking
two communty buildings of which depreciation is allocated against this fund.
Page21

KING'S CHURCH MEDWAY
{A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2021
15.
Statement of lunds Icontinuedl
Statemgnt of funds - prior year
Balan￿ al
31 March
2020
Balance 81
l Apnl 2019
Income Expenditure
Unrestricted funds
Designated funds
Caring Hands
322,640
72,036
(7 72,337)
282,339
Gèneral funds
General funds
593. 775
382.369
(313,527)
662,617
Total Unrestri¢ted funds
916,4Y5
454,405
(425.864)
944,956
Restricted funds
Buiklings Restricted Fund
King's Church Missions
31,207
395
(433)
f395)
30, 768
31,596
(828J
30, 768
Total Qf funds
948,011
454,405
(426.692)
975,724
Page 22

KING'S CHURCH MEDWAY
{A company limlted by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2021
16.
Summary offunds
Summary offunds - current year
Balance 8t
31 March
2021
Balance at 1
April 2020
Income Expenditure
Design8led funds
General funds
Reslricted funds
282,339
662,617
30,768
106,960
419,634
194,0971
1332,9141
14331
295.202
749.337
30,335
975.724
526,594
1427,4441
1.074,874
Summary of funds . prlor year
Balan￿ al
31 March
2020
B&l8nce al
l Apiil 2019
Income Expendilure
Designated funds
General funds
Restricted funds
322,640
593,775
31,596
72,036
382.369
(112,337)
(313,527J
(828)
282.339
662,617
30. 768
948.011
454,405
{426.692J
975, 724
17. Analysis of net assgt$ b•tw•en lunds
Analysis of nèt a$$¢ts between funds - current ygar
Restricted Unrestricted
funds
funds
2021
2021
Total
funds
2021
Tangible fixed assets
Current assets
C￿dItorS due within one year
Creditors due in more than one year
30,335
f.232.819
221,298
{60,111}
{349,4671
1.263,154
221,298
160,1111
{349,4671
Total
30,335
1,044.539
1,074.874
Page 23

KING'S CHURCH MEDWAY
{A company limited by guarantee)
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2021
17. Analysis of net assgts bètweèn funds (continued)
Analysis of net a$$ets between funds- prior year
Restricted Unrestricted
funds
funds
2020
2020
Total
funds
2020
Tangible fixed assets
Current assets
Creditors due wiihin one ye8r
Credbtors due in more th8n one year
30,768
1,273, 747
1,244,515
180.317
180,317
(77,493)
(77,493)
(371,615) (371.615)
Total
30,768
944,956
975,724
18. Pens5on commltments
The charity opgr81es a define¢t contribution pension plan for its employees. The amounl recognised as an
expense in thè period was £1,641 12020.. £1,9011- There was a liability of £319 12020.. £3211 at the
balance sheet date in relation to this pension plan.
19. Related party transactions
There have been no related party Iransadions during the year other than Trustee remuneration. as
detailed in nole 10.
Page 24

KING'S CHURCH MEDWAY
IA companylimited by 8Lwranteel
NOTES TO THE FINANCIAL STAEMENTS
FOR THE YEAR ENDErJ 31 MARCH 2021
20. CARING HANDS IN THE COMMUNITY
Unrestricted Restricted
Funds
Funds
2021
2021
Totol
Fund5
2021
In¢orne'.
Tithes and offerings
Grant Income
Bank Interest
17,688
89,271
17.688
89,271
TDtal Income
106.960
106,960
Expenditure..
Wages 3nd Salaries
Motor expenses
Premises maintenance
Communication
Material & equipment
34,987
1,004
16,982
467
3,152
17.931
883
13,546
90
4,012
567
50
426
34,987
I,(M)4
16,982
467
3.152
17,931
Le8al & professional
Depreciatio
Bank Ind finance charges
Café expenses
oiher expenditure
Meetin8 expenses
Pension costs
433
13.979
90
4.012
567
50
426
Total Expenditure
94.096
433
94,529
Net income/lexpenditurel
12,864
14331
12.431
Page 2S

KING'S CHURCH MEDWAY
IA company limited by Euararbteel
NOTES TO THE FINANCIAL STAEMENTS
FOR THE YEAR ENDED 31 MARCH 2Q21
21. XINGS'5 CHURCH GILLINGHAM
Unrestricted Restricted
Funds
Fund5
2021
2021
Total
Funds
2021
Income".
Tlthes and offerings
Bank interest
74,839
30
74,539
30
Total Income
74,869
74,869
Expenditure..
Wage5 and salaries
Motor expense5
Buildings insurance
Piernise5 maintenance
Cornmunication
Material & equipment
27.236
262
27,236
262
1461
6.534
342
1.454
577
272
20
698
10,792
2.757
50
288
6,534
342
1,454
577
272
20
698
10,792
2.757
50
288
Bènk and finance charges
C8fe expenses
Childrens church
Rent
Other expenditure
Youth club
Meeting expenses
Total Expenditure
51.235
51,235
Net incame/lexpenditurel
23,634
23,634
PaBe 26

KINfj'S CHURCH MEDWAY
IA rornp•ny limited byguaranieel
NOIES TO THE FINANCIALSTAEME14T5
FOR THE YEAR ENDED 31 MARCH 2021
22. KING'S CHURCH MEDWAY
Unrestricted
Funds
2021
Restrirted
Funds
Total
Funds
2D21
2021
Income..
Tlthes and offering5
Tax credlt on Gift Aided Income
Bank interest
263.522
66.549
160
263,522
66,549
160
Total InwmE
330,232
330,232
Expenditure-.
Wages and 53laries
Motor expenses
53,895
1,708
14.591
51.762
4,606
13,115
15,044
4,933
33,197
13,068
3,918
61
108
400
15,743
471
5.532
6,395
19
2,936
1,216
7,700
53,895
1,708
14,591
51,762
4,606
13,115
15,044
4,933
33,197
13,Q68
3,918
61
108
400
15,743
471
5,532
6,395
19
2,936
1,216
7,700
Premises maintenance
Communication
Material & equipment
Legal and professional
Depreci3tion
68nk and fina￿e charge5
Café expenses
Childrens church
Rent
Other expenditure
Youth club
Independent examination
Actountancyfees
Meetin8 expènses
Mission e¥pen5es
Pension costs
Oonations paid
Total Expenditure
250,417
250,417
Net incomellexpenditurel
79,814
79,814
Page 27

KING'S CHURCH MEDWAV
IAtompany limited by guaTanteel
NOTESTO THE FINANCIAL STAEMENTS
FOR THE YEAR ENOED 31 MARCH 2D21
23. LIGHTYHE WAY
Unrestrirted
Fund5
2021
Restricted
Fund5
2021
Total
Funds
2021
Income".
rithes and offerings
Missions
Bank interest
9.876
4,655
9,876
4.655
Totzl Incorne
14,533
14,533
EKpendSture'.
Premi5e5 maintenance
Bank Charges and interest
Other expenditure
Mission income refunded
500
86
66
30,539
500
86
66
30,539
Total E¥penditure
31.191
31.191
Net income/lexpenditurel
116,6591
116,6591
Page 28

KING'S CHURCH MEDWAY
IA company limlted byBuaranteel
NOTES TOThE FINANCIAL STAEMENTS
FOR THÉ YÉAR ENDED 31 MARCH 2021
24. THE KING'S CHURCH CAFÉ
Unrestricted Restricted
Funds
Funds
2021
Total
Funds
2021
2021
Expenditure..
8ank charge5 and interest
72
72
Total Expenditure
72
72
Net incomellexpenditurel
1721
Page 29