ST GILES CHURCH
HORSTED KEYNES
ANNUAL REPORT
and
FINANCIAL STA TEMENTS
ofthe
PAROCHIAL CHURCH COUNCJL
for the year ended 3 1st December 2021
NTENTS
Annu￿ ￿pOrt
Pawlio5
Report of the lttdepthdent Examiner
Page 6
Sthtement of Finoncial A¢iiviiit8 (SOFA)
Pa8e 7
Balance Sheet
P38e 8
Noteg to th¢ Financial Si8tements
Pages 9 10 14
THL PRILST IN CHARGE
I'he Reverend Dlvid Murdoch
The address of th¢ Te¢tory is :.
The Rectory. stsiion R08d. Ilorsted Keyr*s
HAYWARDS HEATH. RH17 7ED.
PRIMARV IYANKEILS
The PCC banks pruwiiy with:.
CAF BANK Lirniied
Kings Hill. West Mallin& KenL ME19 4TA.
INDEPENDENT EXAhllNER
The ￿de￿ndent examiT]er is:.
Mr A P P¢¢1 Cr(
The Ilcrmi138c. Church Lane, Horsted KcyDcs
HAYWARDS HEATH. RHI 7 7AY.
CHARITY C()MfvIISSION RF.GisfRATIOli
The Pamchial Chw¢h a)wKil is a wstrred ¢harLty, No. 1154482.

HORSTED KEYNES PAROCHIAL CHURCH COUNCIL
Reglstered Charity Iyumber 1154482
ANNUAL REPORT for 2021
Admlnl$tntiv¢ Informatlo
St. Gil¢s Church (Grade I listed) is situated in Church Lanq Ho￿d Keynes R1417 7AY. It is pÈrt of the Dtocese of
Chi¢hester within the Churth of EnEl&nd.
All eorres])ond¢nc¢ should bc add￿&5¢￿ to HKPCC, The Martindaie Centre. Ststion Roa¢L Horst¢d Keynes, H¥y￿.ardS
H¢ath RHI 7 7ED.
St Giles Church Hors*d Keyrtes is a registered cbarity nlltll￿ 1154482.
During the year thc folloivin8 seryed ￿*￿be[S of the Patochial ￿UrCh cO￿￿ClI {PCC).'
Priest-iQ-Char¥e'.
Fr D¥i'HI Mwdo¢h {PCC Chairmart)
ChurchwALrdens'.
Mr David Lamb (PCC D¢puty Chairnwi (elec*d Awil 2021))
IHa$ 6erved as chur¢hwardM since July *0131
Mrs Barbar8 Foirweather (el¢ctrJl April 2021)
Deanery Synod Repr&Sentatsi￿.'
Mrg Heidi Mowforth
Mrs Chn's Wheadey
lunhl 2024)
(until 2024)
Electcd M¢mbeTS'.
Miss Judith Bowro
Mrs Borbara Fairw¢ather
Mr Martin Govas (Treasu￿r)
Mrs Nicola Hickey
Mr Petrr Vince
Mr John Whiting
Mr Adnan Woods
{UT)ti12024)
(unlil 2022)
(unlil 2024)
(unlil 2024)
(until 2024)
{until 2024)
(until Apnl 2021)
C(wipied Memt¢r'.
Mr$ Marion Lott
(ex-officio. MCMC Chairl
The PCC m4de the foll•wlng Appolntmetsl•:
PCC minutes s
Mr3 M8Tion iAXt
Parisli Safe¥uwding Officer
Mr Geri Silv¢rstone
ElectOTal Roll OITittr
Fiona Price
Structure, 8overn4Trce man*gernent
Membership of the PCC is det¢miined under th¢ Church RePr£￿￿tati1)n Rules Ind consists of ex4)fficio members
IChurL.hward¢n{$l. the members ot ￿ Diocesan and Dcan¢ry Synods). the chairnwi of thr Martind41e Cenlre
Mana8cment Committee {LO-opiedl, and 7 rnernber5 of the churdj who arc ele¢*d ￿ the An￿ll￿ Parothial Church
M¢¢iing (APCM). Th¢ PCC Sccretary and Tre*surer are elected by th¢ PCC.
The PCC is re8POn8ible for a wide rafftge of matter5 atTecun8 th¢ parisb and. in their capa¢ity as Irustees. memberq of the
PC.C are respot2sible for the.%ieward%hip of fi]nds. the appropriate accountittg and [C￿rtIng of partsh fJnan¢e$. and
Lotnplianie with legislatson applying kn) health alld safety. disabits¢y. aThl safeguarding childw and vulnerdblt adults.
The PCC Join5 and unil&s the work of the Churcty JL4 rA)ID￿ltIe￿ Sth￿l g0Vr￿￿*t$ and thc Friends 4)f Ilur%tcd Kcyne
Church
Page I

HORSTED KEYNES PAROCHIAL CHURCH COUNCIL
Registered Charity Number 1154482
ANNUAL REPORT for 2021 (toDtinued}
The follo￿.ing committees 4r¢ r¢4)¢)nsible for i'8rious asp¢¢ts of the r¢￿OnSibIlitieS and business of the PCC. and report
to the PCC..
Siaryding Committee.. ts a stttring wup. which has poww ￿ trallsact the b￿sIneSS of the PCC between its me¢tiDgs.
Inoitce Commillee.. OV¢T5¢¢5 thc gcneral finaTKial diTrtren5i0n of th¢ work of Si. Gjlcs's by monitoring income and
expenditure. budgeting and establishing and reviewing apptopriate financial contmls. The Finance Committee employg
thc 8ervices of Mr Stsve Brcntha]I to give accountsthg 8n¢J stratrgic &dvicc a￿1 tsTr prepare the Management and Annual
Accounts.
Mdrtindole CeKtre AlaKagtm¢ni Commth.. manaBes the day to day ado)uustrnb"oo and maintenaDce irfthe Martt'ndale
Centre.
Fabnc Comniillee.. oversees maintenance of the Church builditig fknric.
Churchyard Cowniiie¥'. is r¢spoiLILble for the Maint￿¢¢ of the churchyard and safety Aspects of the area.
'oroll ihe fr'arnily Group.. an infonnal 8TOUP which meets once a month to plan the n¢xl m¢)nthly 'For oll the
Family, Euchari5L and aspires to r&mdle H Sunday club.
Friends oJ'Horsied KeyJTes Church.. exis18 to help. with funding 8nd in other prnctical ways. the maintenan¢
rLyaiT. beautific8tion and d¢v¢lopment of the church buildin& its po88e88l0￿ and its ¢hur¢hyar
Health Safety
The PCC mak¢s provislon to consider health safety issues * every meeting iviih an eyt to overseeiii8 updating
Ihc risk assc$sm¢nt under ongoin8 S¢rtitiny by church officers ¥n)ss committe¢s who d¢velop systems and pro¢edures
to manage the riskg In iheir separate spberts.
Mr John Whiting continued as Health and W¢ty Offic¢T.
S*fe8uArdlnx
The Safc¥uardin¥ OffJG¢r r¢port3 io the PCC OD a rexular bL8i5 and the PCT rnake5 provision to Consid￿ Safe￿ardin
i$$ues st every mc¢ling. The PCC has cornplied with the duty to have'due ￿881d, to the Houge of Bishops.
SafeKuaTding Policy and Practic¢ fjuidantt.
Publlc Belleflt
The PCC a¢knowledBes its requirements lo (kns)nstrats ¢l¢ariy tha4 05 ¥ ¢barity aiIniu8 to advanee reli8ion, li musl
have eharitsble purposes or'aim$' that are for the public b￿tfit. t)e￿I$ of ￿ThW the PCC has a¢hievel this are
provided in this report.
Alm and pyrpo
The PCC works wilh the pansh pnesi io factlitste wotship of Almighty God gmwth of the christi￿ Church and
Bervice to others ID 2nd heyond th¢ porish in accordance with J￿, to lovc our ncighbour.
With k¢y aims in min4 Horsted Key￿$ PCC has established objeL￿veS ID its LIITrtnt Mission Actsort P13n
IMAP). Our vision is become bettsrfollo*rts Chrtsi lovthg God4rfd loving others".
Our agreed initiatives to achieit our objecti1.￿ are split into Iwo gTOUPS, thc tirsf aimed at kcoming better disciples
(Iou shall love lhe Lordyour GodM?Ih all 0nd￿rh cll ivurjoul. M?Ih oll voNr nii1￿), and the second at
bttoming b¢tter servants IYOM Jholl lo￿ w naghbow oyyourselj).
Page 2

HORSTED KEYNES PAROCHIAL CHURCH COUNCIL
Regtstered Charity Number 1154482
ANNUAL REPORT for 2021 (¢ontinued)
Parl8h Prlest's Report 2021
As the year siart¢d. w¢ were ￿ another lockdown. but this lllne allowed to ￿>]d public servi¢p6. The
8 D'clock Longregation all continued to c¢)me, whereas the 10 o'd(d olle was quite sparse at first,
but g￿w gradually ab th¢ situation eased alld ¥a￿lneS became 3Iailabie. David Lamb coDtLnud to
do Sterling w'ork oll streamlng the 10am Eu¢hanst. By the cDd of th¢ year. wc w'ere back to aboui
two thirds previows aiieiidaD¢e at the EO o'¢lc¢k aDd l F¥)pe aDd pray others wdl feel eonfideni to return ￿ the Covid
situation CODtiDue% to we.
In the early part of the ywr the S￿4)leJacks were workiDB on the church spire. attA¢ling much iDtrrest and prnyers for
thetr 8afeiy.
During Lent we used Radio 4 tslks based upon John Barfon's 'HiS￿ry of the Bibl¢, for our zoomed
Lent ¢OUTSCS. This proved intttesling and Slimularing and attTac¢eA a few dilY¢rent people. Ti was a 8reat Joy to keep
Holy Wc¢k Easter with a Con￿eSa￿On. having had jLL4 me and c￿￿Ille in my fus¢ year here.
May brought a Chn'stian Aid Week which several pw)le pu¢ a lot of WOTk into. with outstanding r¢sults. In June we
be8an to emerge from Lockd¢)wn and rcjoiced 8retttly wh¢n *e eould 411 sing again.
In July iaishop Martkn came io lead pr¢a¢h ai a Cclebratory F.uchari5t for the completion of our rfy)f aTMI spire
rcpairs, and w¢ wcre liblo IL) bc Outsid¢ in the hot sun. Thi5 followed a Joyful 'toiyin8 oif ¢¢rernony. wutchryl by many
from th¢ ¢hur¢hy&rd and cliildr¢ii In the schwl play8rouTrJ.
We h&d yix Weddin￿ this year, wme having been from the year before.
The Autumn broughi our po8tponed S*wwdship C4mp•i8n. A8ain, the steerin8 8fDUP Wotked
eXt￿me1Y hard to produ￿ a i'ery professiott81 wnpaign with l¢aflets, Ictters. iwo sernion&
inLluding from our r)ii)Lesan Giving Advi50r, tea towels which irc still ￿lI*ll8 wrll. and a truly
memorable eonc¢rt by pupil$ frum the scknl where Nicky Hickey leaches mwic. Results w¢re
encour88in¥. hut we mu%1 slill be mindthl orth¢ n¢e41 f(r commiiie4t re8ular, 8en¢rous 81'%Èn& as
well AS fvndrrLisill8• to meet sbortfalls in our Gen¢rnl Fund.
Ai Christmas w¢ plann&J carefully to make 5pxial se*vices Covid (rietrjly. We held ChrJsunBles
lo en¢ouraBe 50ci4] di81ancing. and reluc18nily tiekeled them. This was a gr¢81 sucee5s. Cbnslmas
Eve beinR sold out and 23rd De¢eJnber more than haifsold. Bcthl¢hem Midni8ht and a￿lStM&% morning Euchtirists
wer¢ b(Trth Also well aiiend¢d.
A¢TOS5 thc Sumrncr and Auiumn. the St8TKling Committff and then PCC wtrc 8sked. together with
other churchey across Chichester Diocese, lo forn) a ML&sion Aciion Plan. Thi5 wa5 partly to gauge
from the 'bottom up, how ¢hur¢hcs rnighi be%1 worship and exer¢is¢ mLnlStry and mission itt the fac¢
of possibl¢ continuing reduLth0tt5 in the numt¢r of rlcr8y available. As I WTite. th¢ individu81 parish
plan5 gone to be eollat¢d into a Cuckficld D¢w)ery Platy thcn sent to Di(tesan level.
Out MAPii'.
l.. Groiv our monthly All A8e eucharnts and tsy to a Chiklm's weekty SwLd3y club.
2.. Keep in be￿eT iouch with Baptism And Marria8¢ families. invite them to an aDnual
Ihanksglving servic4 usitig a DiocesaD pro8rnrtL
3.. Build cljurch extensiot4 providiD8 kitch￿ kvatory and meetitt8 8PaC¢.
4.. Hnld a CThri8tian Basies Cowsq ¢.B.. EMrna￿ or Pilgrim. and courses lo encourage ￿1b*In¥
church membeTS to deepcn their faith.
Annual Parocbial Church Meamgs an OP1X)rt￿Ify to thank pwle trK¥ numerous to mention by name and, as
alway5. 1 apoloyse if I leave anyone oul.. Cburchwarden& Secretsry, Treasurer. PCC
men)ber5.' organisL pianists ￿ld choir: setyers. sides-peopl< sacnstat]5 ond verger. ¢le8ners.
¢hur¢hyard ivorkers and flower aTran8er5.
P88e 3

HORSTED KEYNES PAROCHIAL CIIURCH COUNCIL
Registered Charity Number 1154482
ANNUAL REPORT for 2021 (continued)
Thege 8Dd others are so importatlt ID earing for the church building gnd pa￿￿hla1 administration. Then th¢re ar¢ those-
solne the sam¢, som¢ different- who do so ￿uch in terms of our outreach.. h￿dIe4¢her and stsff at St Gileg.
School, P & P Editor. leaders 8nd h¢lpers at First Stcps Fri¢nds of HK churc￿ Friends of our
Church School. EIKafe, HK H¢lp. Lrf¢ and Tratth Group, Village luttth,. all who lead our bi-
tnonthly Lhurch ¢b•iti¢s. Last by no m¢aDS Iwt, my dear w"i(e. Ch[istu￿, for all het
8llPPOrt in so very rnany ivays.
15ti11 feel immensely blessed ¥nd thaftkfi￿ to be ca]led ￿ serve in a beautiful ehurch with
supportive o)ngregaiion. in a frlendly aNI active village. and to live in a vefj, special house=
the icing on ¢he cake beiD8 chaplain¢y to the Bluebell R￿.]waY.
To help me prepare this r¢p)rL I looked back through my leuets in the parish magazine IP&P). In March L wrnte these
word5. which still sttm to sum up some¢hin8 of what I bclicve we are all aFrt)ut.'
How I l¢)ng for churches everywhere. and forourchur¢h hcrc in Horsied KeynaE. to 8TOW in our awareness of CJod'4
love foT i￿. to reflect that iti mak5ng oiheTS mor¢ awaT¢ of G¢)d's lov¢ for them.
Je5u$ 8ald.'L•ve olle *ttotheT m8 I h•ve loved you.. John 15.12- (my emphasis)
A¢hl¢vem¢nts 4fyd Performance
The elector81 roll was reviewed and totall￿ 117 parishionn 13 of vthom we not residmt within the parish.
The maximum number of people all¢￿11n8 on any Sunday in Ociober wo$ 56 in¢1￿11￿¥ 10 children, the monthly
average b¢ing 27. Bvth these fi8ure5 include people aiiendin8 by Zthbm. 33 odults 8nd 4 ¢hildr¢n yt(¢nd¢d iho All Souls
Requiem service. Attendan¢e in church is slill reduced dut to worshippers. relucthnce to attrnd in pErsort because of the
Covid pandemJ¢ but It 1$ Usually possible lo follow th¢ %rvitt4 on Zoom. Horne Commwiion vAsits and to th¢ r¢sAd¢ntr
2t Westall Hous¢ have 5tt11 be¢n unable to tak¢ place. The ZOC￿ invitauon ts sertt to majority of those LnLluded ort the
Ele¢tor&l Roll.
Two Christingl¢ SenTiUS w¢r¢ held to 8ilow socJAi disthncth8 and wen well by peopl¢ who had previously
b¢)oked via Eventhrite.
There weTe I I meetings of the full Ff.c dunng tbe year, some In person aTrJ wme ￿rtUallY &$ requjred by 3nli-Covid
restri¢iions. All the sV￿cA)Mmitteej rnet u required. retKfflinB io the P.C..C. and liaisin8 Wlth our Parilth Pricit.
2 children were bapiised. there were 6 weddin8S gnd 8 Funml8.
HKPCC highlights of church life for the ben¢fii of th¢ ￿MmwI1¢Y in¢lud¢d in 2021..
L¢nt Course following th¢ HiS￿ry of the Bible by John Ilthknn. which had re¢¢nily been s¢ri8lis¢d on Radio 4.
HK-Help conlinud to provide support to the community throughoui the pandemic. providing transpon to
meAlical appointhients and other needs &% required
HKafe w held at the Manmdale Centre when allowed. led by the Youth Wot*u from All Saints c.hurch.
Danebill attd volwite¢rs from tbe p8nsh, caterm8 for secondary school 8ge children.
Firsi s￿pS, the toddler 8rthJp. mei when permiued al the Martinthle Centre, giving an opporwllity for parents
and carers wryth smAiI cbildren io rneet in a safe environm￿1.
St Giles School - we¢k]y collective worship in church ha5 not becD allowed for most of the year ljut wme
smaller groups have mattagrd ro mert in church. The Junior School Carol se￿1¢¢ rthrntd to being hcld in
church and wa8 very well atttNltd.
Villag¥ Lunch was held once in the MartiTMlale Ccntre and WJS well att£nded but sadly restri¢tion$ Preventa
rther evcnts.
The FrieT¥J5 of Horsted Keynes ChuTch (FOHKC) were W￿ble to org8Di5e their ptograTullK of events bui an Open
G8rden5 Tr4y in the ￿lIage was well supportesl They bave continu&l th provide fmAll¢ig15UPWJrt for repatrs to the
fabric of the ¢hurch aTHI churchydrd.
The Parish and Parishionei IP&PI editoT h&8 colltiTwed ￿ wothce and publi8h the maguine 10 timc5 a year. Following
the required safrty re8ulations. volunleer5 have continucd to collate and dL5tnbute these gn)und the village ond beyond.
Page 4

HORSTED KEYNES PAROCHIAL CHURCH COUNCIL
RegisteTed Charity Number 1154482
FlTrant5al Revkw
ANNUAL REPORT for 2021 (continued)
l. The llet income in 2021 was £4,992. Thi8 figure is on page 7 and comparts WEth the de6cit of £1.597 0)
in 2020. The 2￿1 surplus include5 aD iDvestsllent portfolio w)wealised of £11,569.
Table 2(a) shows that the value of (knnatiO￿ and legacies T￿e1ved was £87.684 (£122.962 in 21Y20). The 2020
rigure was CKCCPtiotully bL'8b &$ it included larg¢ one-off contributions iowwds the repairs to nave ceilrng and spire
needed aft¢r th¢ thimi on 0910212020. The work w&s eompld¢d at thc beginning of 2021. The List¢d PI*c5 of
WoT5bip Grani Schetne coD(nbuted £10.427 towards the eXpeft￿ a[￿ this is includal ￿ the CTnfits receivcd line,
Reslrtcted Funds column. figure of £13,46? The level ofplanned g1Vll￿ was st¢ody despite the loss of two
conrributors during the year. A stewardskn'p Lamwgo Y'as h¢ld in (ktober f(Kuss¢d on Planoed Giving. Thi5 has
had som¢ SUCLCSS Ln 2021 anil it is hoped that th¢ incom¢ from Plann¢d Givin8 will incre45¢ si¥nificautly in 2022.
Tablc 2(c) sljows an improvement in Fundraising aTMI Hall (Martindal¢ C￿tr¢) income. This Wds made poJJible by
the partial litlmg of Covid resthciions.
Table 3lbl r¢¢ords exp¢DdinTr of £22,807 (£73,957 ID 2020) OD Major r4Trairs and fabric. This mainly incurrEd
¢)n the spire. In addit10￿ the vtsty OU*r (knr was reJtor*l. The pansb w75 again 8bl¢ to fvlly cover the
contribution reqy¢%t¢d by the diocese for a h&iftime pnes¢.
The Martindalc Cthitre available for hire during much of th¢ year, continuTng Covtd rLqtricrions again
litniied ihe illcome. £8.941 was re¢eived1£6,452 ID 2020). The TullnmB costs al £9.171 were £l,(KJO hi8ber than in
2020. £500 had to bc 5p¢nt on r¢painn8 damagv ¢￿S¢d by vandals.
6. Tn￿tte payments Rnd expenses.. the PCC supported the Clew by payiny the ¢¥)st of rttiory ulilities omountin¥ to
£3,87612020- £3,872) plus other annual towwds tr8iel, i¢lephone. postage and I￿￿jbInd amounting to
£79212020- £715). These are included in tsble 3(b). Thu¢ were no expellses pa￿ts to othcr truste¢s OT
pewns related lo or ccmnected to them.
7. Table 12 8knws thai the COSL8 ofproducin8 ParLth magazine {P&P) wett closely matched by the incotne received.
The r¢5tricted fund at the year-end SIOLWJ at a modcst £153.
The ability ot ihe Friends ot'Hotstcd K¢yno8 Church lo nm timd r•isthg a¢livili¢s again very limÈlcd bccausc
of Covid legislation. Nevenhele&s. an inccjme of£7,614 w85 achieved £16.42] was spaji mainly on the repairs to
Ihc gpirc.
Overall, the PCC'S financi￿ reBults for 2021 were SAtisfactory. Thc main day to day ehallense is ￿torIng the real
vuluc ol'unrestrithed plwmed 8L'ViDg kn the Gcner¥l Fund. that is to al lea￿ £39250 (£35,138 2021).
Reservts Pollcy
A review of the reserves policy aDd risk registcr w&s UDdertaken during the year whi¢b resulted in no chatt8e. An
unreslricied General Fvnd reserve of £25.0(M). approximately 3 months of over￿7 expendiw￿ on everyday activities, 18
needed a5 a contiiigency again8t unfore3e¢n Sitt￿10￿￿. On 31 De¢cmbu 2021 the ba1￿iCe w'as £53 J28.
A tothl of £28,639 was held in lh¢ U￿￿tr￿ted and Restricwl Fabric FuThL8 at the year-cnd. Our grade I Ir5ted church is
due a quinqu¢nnial irt5r£ction tn 2022 and no thubt the money w411 be n¢&d kn carry Work arising from this.
Thig Tnwte¢s' Annu￿ Rewrtwas appn)ved by th¢ PCC and sigoed on their lthlfby Reveread David Murdocb.
Page 5

INDEPENDElYt EXAMINER'S REPORT TO THE TRUSTEES OF
Horsted Keynes Parocljial Church Council IRegistered Charity No. 1154482]
I repot1 on the a¢¢ounts of Horsted Keyi)es PCC foT the year ended 31 st December 2021 which
are set out on pages 7 to 14.
Re8peetive responslbUltle8 of ¢Tustees and examiner
Thc LhuTch's truste¢s ar¢ responsible for the preparation of the accounts. Thc church's tr￿stets consider that
an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and thal an
independent examination is needed.
Having satisfied myself that the chuTch is eligible for independent exarninatioTh it is my responsibility 10 :_
' ¢xAmine the accounts UJKler section 145 of the 2011 Act.
to follow the pr(Kedures laid doHryJ in the general Directions given by the Charity Commissio
under section 145{SXb) of the 2011 Act. and
. to state wbethcr partscular matters bave come ro my aiientsoll.
Bg4515 of Independent exfimlner's slalement
My examination wL8 carrid oul in accordance with the 8eneral Directions giv¢n by ihe Charity
Commission. An examination includes a ￿vieW of the a¢couniing record5 kept by the charity and a
comparison of the accounts presented with Ih05e recoriLs. It also includes ¢onsid¢ration of any unusual
items or disLlosures in the accounts. and seekillg explanations from you 81* tnts'￿5 wn¢erning any Such
matters. The procedures undertakcn do not provide all th¢ evidence ihat would be required in an audil
and consequently no opinion is given ay to whether the accounis PEeseDt a'true and fair %ievl and the
report is limited to th0￿ matters Set out in the Ststem￿l below.
Independent exAmlner'g gtA¢ement
In connection with my examinatso￿ ￿ material matters have come lo my atlention which give mc cause
to beli¥ve that in. any material respect..
• accounting records wcrc not kept in ￿ordance with 6¢dion 130 of the 2011 ACL or
• the accounts do nol accord with the accounting recor￿ or
the accounts did not comply with the applicable requirements concerning the fomi alld cotttent of
accounts set out in the Charities (Accounts and Re[￿s) Regulatio￿$ 2008 oiher than any requirement
that the accounts give a 'tTue and fair, view which is not a matter considered as pan of an
independent examiDatio
I have come across no other mati¢Tr in ￿nnectioll with the examination to which attention sbould be drawn
in order to enable a propcr understanding of the accounts ￿ be reache
Signed by :"
Mr A Peel C.m&8
ThE Hermitage, Church Lane
IIoT5ted Keynes
Haywards Heath
RH17 7AY
Signature..

HORSTED KEYNES PAROCHIAL CHifRCH COUNCIL
sTATEME￿r OF FINANCIAL ACTIVTftES
For the Year ended 31st December 2021
UllrtstriC￿ Restriaed
Funds
FuThts
2021
2020
Note
Incomt and endoTJiments from:
Donations and legacies
C.haritAhle aciivities
Other trading a¢tiviii&s
Tnvesknnents
Orher
2(a>
21b1
2{¢)
2(d)
21c)
57.336
5.617
10.066
1,696
30,348
87,684 122.962
5,617
3,422
11,876
7.288
2,203
2,174
13.090
1.810
TOI'AL
74.715
32.665
107.-180 148.936
Elpendlture on:
Rai5in8 ￿nd
Charitable activities
157
32.333
I,OS7
112.900 161,081
79.594
973
TOTAI,
0.494
32.490
973
113 957 161 117
Nel gainsl(10gsesl on tnvestm¢nrs
7.104
2.888
,577
11,569
10.584
NLT INCOMEI{EXPE14DITUR&)
lJ25
3.U63
4,992
(1.5971
rramfers betwcen fiuKIs
NET M()VFMENT IN FVNDS
1,325
3,063
604
4,992
(1,597)
Re¢onclll*tlott of Fundi
Fund Balances brou8hi fonb*rd
at 161 January 2021
68.748
34J06
82.307
185,421 187,018
BALANCF.S CAIUiIED FORWARD
AT 31st DECEhlBER 2021
70,073
37.369
82,971
190,413 185,421
Pa¥e 7

HORSTED KEYNES PAROCHIAL CHURCH COUNCIL
BALANCE SHEET AS AT 31st DECEMBER 2021
2021
?020
Note
FIXV.D ASSY.'rs
Ta[￿J1b1e r￿ed assets
Inve5tmeni ass¢is
72,706
84.335
73,679
72.766
CL'RRFNT ASSETS
Debrors
Short tim deposits
Cosh al bank and in hathd
2J32
15579
17.¥63
35.974
1.772
15,413
42,038
59,223
LIABIL￿rES. AMOUNTS FALLING
DbE WITIIIN ONE YEAR
10
20,247
NET CURRENT A&SETS
33.372
IX,976
TOTAI. ASSETS LLSS CURRF.YT LIABII.ITIF
190.413
185,421
NET ASSETS
190.413
185.421
FUNDS
Unre%triLted
Restncted
Endowir￿n1
70.073
37.369
82.971
68,748
34.306
82.367
12
TOTAL CHARITY FUNDS
190.413
185.421
This FiJ)ancial Report for the year ended 31# DKernber 2021. includmg the r4)*5 followin& w&% approved by the
Parochial Church Council on .
. 2022 atml signed on its behalf by :_
RewefvdDuirfdMurdo¢h
(Ch8trnwi)
ITtt&8urerl
The Doles orl pa8e5 9 to 14 form part of these accoun
Pw8

HORSTED KEYNES PAROCHIAL CHURCH COUNCIL
NOTES TO THE FINANCIAL STATEMENTS
For the Year ended 3Asl December 2021
ACCOUNTINC. POLICIES
l(a)
B￿19 of PT¢p•r4tlo
The PCC is a P￿blIC benefit eDtiry witkn'n the tsJcallLDg uf FBSI¢Y2. Tr fiDancial ststernry￿ have b¢￿ prtpared undeT
thL' C.haritiLs rlLI 2011 and the Churth ALcountiog R￿￿ationS 20(￿, in accordance with applicable aLcountin¥ st￿￿lardS
&Dd the Current 8t2tem¢Dt of Re£0m[ne￿jed Prncttce, Accouniin8 8r*l Reportmg by Cbariti¢s, (SORP (FRS 1021).
The financi81 sta￿ne￿t5 have been prepored un(kr the lllstorical cost convention as m￿lfied by the inclusion of
investrnents ai rnarkei valuc. The financial in¢lude all the transaetsons. assets and liabilTtics for which thc
PCC 15 r&sponsiblc in lau.. They do noi iTKlude ihe aeeounts of church wTrups that owc thet"i alriliation to another body.
nor th08¢ which 8re it)formai Batherin8s of chwch mth.
l(b)
Fund5
Funds held by the PLf aT¢ :_
UnreYiriciedfvnd$ - 8eneTrl funth that can be used for PCC ordinary purpo*s.
D¢signoiedfunds . monies set •side by ihe PCC out of Unrestr￿ fv￿]3 for SP￿lf1¢ purw8¢8 or projects.
R£itri¢i¢dffiinaY
- (a) income from or endowwts tha¢ maybe eX￿ded only on those restricted objeets
providcd in the t¢Tms ofthe tr￿￿1 or bequcsl. and (b) dollations or grants r¢¢¢ived for &
specific object or invited by ihe PCC for a specifi¢ obJe¢t. The funds may only be expended
¢)n the $pecifi¢ object for Trhtii¢h they wcr¢ gii'en. Any balan¢¢ retMinin8 unspent at iho end
of ea¢h year mttst b¢ urried forward gs a bal#DC¢ on that fill￿. Tbe PCC does not usually
irtvest separa*ly for each futsd.
funds capithl of which bt mAinlainrt' only inwme Irising from investrn¢nt of the
¢ndowment rnay be ￿ either &$ restricted or unrestricted ful￿ dependin8 upon the
purpose for ithLch tk ¢ndowmetti w&s estsblished. Tbe PCC may hav¢ the power to convert
certain endowirkol fu￿lS itilo expendable itscome. su¢h hjfyjs are known as expendoble
Tn¢omt Enduwmth
All incorrf atjd cndowmenis, acc()unied for Trithoui deduction for any costs of rcceii'ability. are reco￿5￿ when
th¢rL ¢vide￿¥ of enti￿¢T[￿nI, Teceipt is prvb8bl4 and thc amount can be nX&5ur￿ reliably.
Ildl
Dollatlolls aDd Legicles
Collec'fions arv Icco¥ni5cd wh¢n rKeivcd.
PlonnL1d￿"Vin8 receivoble is rt¢ogNsed TwA￿n tlwe is evidcncc of entitle￿￿( receipt is probable. and ibe all￿U
¢ord8 wth ihe Gift Ajd deLlaratson or other rewrd of inienhoTL w donate.
Gift old recovered 15 rtcognised whell tbe i￿ome io •Ath"ch it is attaehed is Txogmsed.
Grnnts and legacies are reeo8Tri.4¢d when the fornwl offer in WTityng of the fiLndin8. Ts Teceived by the PCC.
11¢)
Ch&rlt8ble A¢lfvldty TrndlDg Actfvldes **d all Oiher Income
statsitnry.lees for weddiogs and futternls are reco8mseJ the offjce occurs.
Tmding oLliviiies are where tr￿0￿e 1$ rtt¢ivable iti return for selling 8otyJs or provkdin8 services Attd is reco8llL'sed
4]eD received.
IID
Inve5trnent Income
Diwdends are aceounted for when and payabl& Int￿l cntitlenKnts are ac£ouTrtcd foT as thcy a¢¢n￿.
Ilgl
Gaini •nd Los*es OD InveJtDWtht8
Reali5ed gains are recogoised when investnynts are ￿ld.
Unrealised gaitt8 alld losses ate K¢OUD*d for on rn'8luation at 31st December.
P￿e9

HORSTED KEYNES PAROCHIAL CHURCH COUNCIL
NOTES TO THE FTh ANCIAL STATEMENTS (Continued)
For the Year ended 31si December 2021
Ioi)
Expendit￿re
Expenditure is reco8Di8td when thete is evidence of entillemenL paynth is pn)babie. and all￿U￿t call be
measured reliably.
Gr*nts
Grants and donations are accounted for paid oiw. or when avrnTded where the award creaies a binding obligation
on the PCC.
l(i)
Charltsbk Actlvltl
Th¢ th'ocesan patish contribution 1$ a￿￿Lted for on allnuai ba8i& refl￿tIng allo¢wion Set by our D¢onery.
Any parish Lontribuuon UDpaid ai 3181 D¢￿mber is pmvided for in &counlS as aD operational {though not a legal}
liability and is shown as a creditor w th¢ balanc¢ $I￿L
l(k)
Flxed Asse1$
Tangiblejixed ajsels.
Consecrated and beneficed property of any kmd 15 ¢x¢lud¢d from th¢ a￿Ou￿￿ by s.IIX2) of th¢ 0￿riticS
Art 2011. Mov&ble church fi￿￿'ShingS held by the Priesi In C1wxe 8TrJ Cburchw•rdens on special for the PCC,
Bnd which require a faculiy for disposDI. are xcOun￿l as inalirnable property unless consecrated. They ore
listrd in the church's inv¢ntory which can be inS￿￿d but no¢ incI￿jed in the financial S￿le￿Ients.
For inalienable property acquircd prior to 201￿, there is insufficicnt C051 infornution available and therefore 5u¢h
assets are not valu¢d in th¢ fJt)an¢iaJ State￿nts. Individual Itcms acquircd sitKe Isi Jolluory have bc¢
c¥pitali$¢d io the financial 5talcmcnt5 and deprecillted over their ￿tfi11 economic life.
All expcndiDJre incurred In the year on etsnxeeraled or beneflced bJildin8s. individual iierns e05tin8 under £5,000 or
on ihc rcpHir of movable church furni"shJn8s a¢quired befor¢ 1st Jonuary 20(K) is writl¢D off.
FT¢ehold land and building8 are valued ￿ ON￿n87 cost le&% provisioN6 for depreciati￿1.
RenoN'aiion$ to fr¢¢hold buildin8J 4T¢ valwl at 0ri8inJl ¢(dt ley pn)visions for depr￿ iation.
D¢precl41ion
Deprecsation 1$ ¢alLulated to WTite dowTr the cost of tsmgible fixed os5ets oirr their expected usefid lives.
Tb¢ rates #eneralty applic8ble are :_
FTeehold land and buildu￿$
Rcnovatioms w frcrlK)Id buiidiTU8
IY• per anmlln on a rethjcmg balance b￿1
2•/• pcr annum on a rducing bulanc¢ basis.
Invesrments .
Invcstrnents valucd at ￿hle at I 1st D￿Mber.
INCOME AND ENDOWMENTS
Unre5tnt*d Rcstricted Ertdownem TOTAL
Funds
2021
2020
2{a)
Donations and legaciei
Planned
Collection& (open platt)
Donations
Gift aid tsx claimed
Grants recejved
l£gacies
35.138
5.586
3.430
4,596
1.380
8,909
2.001
13.462
39,734
6.966
12.339
12,321
15.324
1,000
87.684
40.581
6.006
51,155
22,604
2,fi16
1,862
57,336
30.348
122.962
2(b)
Charitable activiti&
Parochi￿ Fee5 income
5,617
5.617
5.617
3,422
3,422
Pa￿ 10

HORSTED KE￿Is PAROCHIAL CHURCH COUNCIL
I%OTES TO THE FINANCtAL STATEMENTS (continued)
For the Year ended 31$1 December 2021
21c)
Other tradin8 aeii%Lties
Fundraib]ng income
Hall income
1.125
1.810
2.935
836
6.452
7,288
21d)
In￿eStMen[S
Dividend$ and iDterpst reeejved
10.066
1.810
11,876
1.696
1.696
507
507
2.203
2.203
2,174
2,174
21¢)
Other- insurance clainlq
13.090
TOTAL
32,665
107.380
148,936
EXPENDITURE
Unre5tnued Restrictcd Endowrnent TOTAL
Furds
Fund$
2U21
FUIIDS
2020
3(al
Raisiftg fvnds
bundraisin8 cv2ts
157
157
1.057
(x)o
-36
3(bl
Charitable actiwties
Lssionary aTMI ¢harithbl¢ giv7ng
Ministry Costs '.
Diocesan Parish Con¢ril￿UOth
Oiher ministy costs
Church rUT￿]n8 expenses
Church & hall - Majnr repairs & fabrie ¢06ts
Upk¢ep of %￿l¢¢S
Youth work, Traini￿8 and mission
Parish magazine
Church h811 nJntiin8 ¢OSts
Support tosts
Admini%tra(iv¢ ¢0sts
Depreciation
1.839
4.983
6.822
4.872
46,807
4,694
5.896
5.315
762
1,411
46,807
4,731
8,396
22,807
762
46,657
4.617
9,596
73,957
1,119
1,564
5,992
8,171
576
2,971
989
161081
37
2.5(M)
17,492
200
5.773
S89
063
96
5.773
9.171
1.414
3,633
973
8.582
751
3.537
973
TOTAL
32.490
973
113957
srAFb COSTS
The PCC bad no qnployees dwin8 the year.
INDEPF.NDENT EXAMtNATION FKES
The IndepeTadeni Examiner has th)1 charged a fee for his wwk.
ANALYSIS OF f4ET A&SLTS BY FUND
Funds FutMIs
TOTAL
Fixelf assets
Current a&%et5
Current liabilities
51.IKJ6
21,412
12.345)
23.064
14,562
1257)
82.971
157,041
35.974
(2.{￿2}
Fwid Balances
70.073
37.369
,971
190.413
Pa¥ell

HORSTED KEYNES PAROCHIAL CHURCH COUNCIL
NOTES Tn THE FINANCIAL STATET*lENTS (¢ODtinued)
For the Year ended 31st December 2021
FIXED ASSET INVESTMEiWfS
Value
ai lstJan
inyj
110&scs)
MaTket Valuc ai
3 Igt Dereniber
Addilion5 Di5Frf)5als
2021
2021
Church of England CBf inv¢$trnent Fund ..
538 income shares (see below)
Church of En8iaDd CBF Global Equity FUNI:
23417.6 ittcome shar¢5
11.021
1.577
12.598
61.745
9,992
71,737
72,766
84.335
Nok- the 538 sharts held specific￿lY for ibe Brid8eThMn Churchyard Trust Fund.
TANGTBLE FIXED ASSKTS
Freehold
i&Dd •nd
buildu
Buildin8
T(xwauon$
TOTAI.
At l si January 2021
Addi¢i¢)ns
Disposals
At 31st fkcember 2021
69.681
44.927
114.608
69,681
44.927
114.608
Depreciation '.
Ai Isi January 2021
ChuTgc for the ycar
Disposals
At.Ilst D￿ernber 21Y21
19.697
499
21232
474
40.929
973
20.196
21.706
41.902
Net book amounts
At 31st December 2021
49.4f¢5
23,221
72.706
Ai 31JlDecember2020
49.984
23.09J
73.679
The freehold land 8nd buildings comprise the Martuthle Cetttre. tbe legal of tvhi¢h is vested in the
Chiohe5t¢r Th"w¢5an Fund and Board of FitwKe Ilncorporated) as Custodian T￿￿1¢¢ for the Horst
Keynes PCC in accordance with the PTQViSiOnS of thc Panxhial Church C4)urKils IPow¢rs) M¢aJur¢. 1956.
DEBTORS
2021
2020
RccovcTablc Cjift Aid
Oth¢r sundry debtors
2,41)4
128
2.532
1,519
253
1.772
10 LIABILrriES: AMOUNTS FALLING DUE WITHtN ONE YEAR
2021
2020
Crn4itors for goods and
2,602
20.247
Page 12

HORSTED KEThlS PAROCHIAL CH17RCH COUNCIL
NOTES TO THE F￿,￿NcIAL STATEMENTS (continued)
For the Year ended 31st December 2021
11 UNRESTRICTED FIJNDS
Balarv at
1st. Jalluary
2021
Movewts ill
Resources
Incoming Outgom8 Tra￿(er8 Gaitis
Bal4D¢e 01
31st Decomber
2021
General Fund
Designata Fabrie Fund
52,233
16.515
73.109
1,606
74,715
76.026
4,4611
4,012
3.092
7.104
53J28
16,745
70,073
12 RESTRICTED FL
Movements in
R¢sourc
In￿1n8 Outgoin8 T￿￿fer
Balance at
3 1st Deeember
2021
JanLWy
2021
Building RepaiTS ynd Fabric Fund
Ch?riiable Colle¢iions Fund
Faith in Actitsn Fund
P&P m2b￿lIne Fut)d {1)
MArtindal¢ (xntre I￿oMe Fund (li)
Building Appeal- 2004 Fwid liti}
Restrictcd Gifts Fund
FrieJJds of HoT5ted Keylles Ctrlurch (Iv)
Re8triited Martindal¢ Lentre
Re￿rbIShrnenr Fund Iv)
81 C¥iles Nomh Ar￿eX Appeal Futsd (Tri)
578
12.526
3.985
417
5,693
14.454
3.917
1.067
5.861
11.494
87
10,231
68
650
321
2,333
1,465
488
25.988
15.3
2,333
1.663
976
19,894
730
1.102
4.927
88
1.59)
7.614
(11.494)
2.713
182
1,869
2.301
34.306
432
32.490
32,665
2.888
(i) Tht P&P Maga7ifte Fund r¢¢eives donations aThJ grants specifLQ]ly for th¢ pl￿1￿L(l￿n of th¢ parish mabY/.irt¢.
(li) The balAn¢e on the Martindale c.entr¢ Income Fund rePreS￿ts the cosi of son* of the hisloncal buildiDg renovation$.
(iii) Thi5 fund wa5 vpencd with donattons from Villa8e Apwl in 2(KH torrepalls to the fabn"c of the church.
onlhly donations havc Contin￿ed to llow into the fund d￿n8 the year.
(iv) This r&gtriettd fund launchcd in SLVtembrr 2011 specifically for th¢ m81nterJa￿e of the fabric
of Si. Giles C'.hyrch and cburchysTd in Ho￿ed Keynes.
(v} This fvnd was r£-o￿ne￿ io 2019 to recei%r testricted itKoJne toM•rds (he cosi of r¢fiJtbishitsslup8radillg the heating
System ￿ the Martindale Cetttre. Most of the Costs of refvrbi8htntyup8radin8 ihe beating systeill were
charg¢d to th¢ fund in 2019, leaving a rnll balartt ￿ cary f¢)Tward.
Ivil This appeal fvnd was opentd in Ma￿h 2016 to fi]TKi th¢ plamiTng and constnthon of an annex to the north
of the St Giles cburch btsildEnB.
13 ENDOWMENT FUNDS
Balallcc at
ISL January
2021
MovcTnents in
Balancc at
RcsouTttS
Gain￿ 31st December
Incoming Outgoing Transfus (1<)&8¢s1
2021
C8pitsI Endowrrtt Fund
71.345
973
70,-472
Bridgeman Trust Churchyard Fund
11.022
82.367
1,577
12.599
82.971
973
Pa¥¢ 13

HORSTED KEYNES PAROCHtAL CHURCH COUNCIL
1¥40TES TO THE FINANCIAL STATETrTENTS (continued)
For the Year ended 31st December 2021
14 PIUOR YEAR STATEMENf OF FINANCIAL ACTIVITIFS COMPARATII'E FIGURES FOR THIS YEAR
STA TEMENT OF FINANCIAL ACTIVITIES
For the Year ended 31st December 2020
Unrestricted Restricted
Funds
Funds
Elldowment
TOTAL
2020
No
Income endowments frnm..
Dottations athd leg￿leS
Chariiable aclivities
Other tradins a¢tivitics
InvestTnents
Other
2(a)
2(b)
2(c)
2(d)
2{¢)
59.488
3.422
6.602
1.676
12,290
63.474
122.962
3,422
7,288
686
498
8(X)
13.090
TOTAL
83.478
148,936
Expendlture on..
Raising fvnd$
CharitAble Activities
3{a)
3(b)
36
84.409
36
161.081
75.683
989
TOTAL
84.445
75,683
989
Ncl gainsl(10sses) on invesmientg
6.935
2.940
709
l U,584
NK'f iNC.C)NfE/(EXPEiYDrri.'RE)
5.9611
(7285)
(2110)
(1.397)
TrAllsf¢rs between filnds
NET MOVEMENT IN FUNDS
5.968
(72851
(280)
(1,597)
Reeonclll*tlon of Funds
Fund Balan¢¢s broughi forward
at 1st January 2020
62.780
41.591
82.647
187.018
BALANCES CARIUED FORWARD
AT 31st DECEMBER 2020
68.748
82.367
185.421
Page 14