##
#
##
##
##
##
##
##
##
##
##
|Annual
Report|Annual
Report||Page 1|
|---|---|---|---|
|Independent|Examiner's|Report|Page 11|
|Statement
of|Financial Activities||Page 12|
|Balance Sheet|||Page 13|
|Cash Flow|||Page 14|
|Notes to the accounts|||Page 15|
|Pension
Fund|Disclosure||Page 23|
##
##
##
##
##
##
##
##
##
##
##
|Funds||Amount|Held
in||
|---|---|---|---|---|
|Free Reserves||f55,270|Cash and bank, bank|de osit, debtors and liabilities|
|Restricted|Reserves|F466,828|Deposits, Investments,|debtors and liabilities|
|Endowment|Reserves|F16,304|Investments||
##
##
##
##
##
##
##
##
##
##
#
##
##
||||Unrestricted|Restricted|Endowment|TOTAL FUNDS|TOTAL FUNDS|
|---|---|---|---|---|---|---|---|
||||Funds|Funds|Funds|2021|2020|
|||Note||||||
|INCOMING
RESOURCES||||||||
|Voluntary
Income||2a|248,706|54,680||303,386|297,789|
|Activities for Generating
Funds||2b|27,786|1311||29,097|9,671|
|Investment
Income||2C|3,543|9,402|404|13,349|12,496|
|Church Activities||2d|47,004|||47,004|36,496|
|Other Incoming
Resources||2e|49,805|72,005||121,811|188,765|
|TOTAL INCOMING
RESOURCES|||376,845|137,398|404|514,647|545,217|
|RESOURCES EXPENDED||||||||
|Church Activities||3a|363,531|189,856||553,387|577,789|
|Raising Funds||3b|2,494|||2,494|1,903|
|TOTAL RESOURCES EXPENDED|||366,025|189,856||555,881|579,692|
|NET INCOMING/(OUTGOING)|RESOURCES|||||||
|BEFORE TRANSFERS BETWEEN FUNDS|||10,820|(52,458)|404|(41,234)|(34,475)|
|Transfers between
Funds|||(948)|1,352|(404)|||
|NET INCOMING/(OUTGOING)|RESOURCES|||||||
|BEFORE OTHER RECOGNISED|GAINS AND|||||||
|LOSSES|||9,872|(51,106)||(41,234)|(34,475)|
|Gains/(losses)
on investment|assets:|||||||
||Realised|4b||2,744||2,744||
|Unrealised||4b||56,497|1,993|58,490|20,810|
|NET MOVEMENT|IN FUND||9,872|8,135|1,993|20,000|(13,665)|
|Balance b/forward
@31stDecember 2020|||45,398|458,693|14,311|518,402|532,066|
|Closing Balance @31December 2021|||55,270|466,828|16,304|538,402|518,401|
##
||||as at 31|December|2021||||
|---|---|---|---|---|---|---|---|---|
||||||2021||2020||
|||||Note|f||f||
|FIXEDASSETS|||||||||
|PV Panels||||4a|4,867||5,411||
|Investments||||4b|467,479||431,246||
|||||||472,346||436,657|
|CURRENT ASSETS|||||||||
|Debtors &Prepayments|||||36,956||37,025||
|Deposits|||||39,010||39,927||
|Cash at bank||and in hand|||65,290||34,343||
|TOTAL CURRENT ASSETS|||||141,256||111,295||
|Creditors||—amounts|falling due in one year|8a|P3,579)||(27,148)||
||||Credit Card account||(1,621)||(2,403)||
|NET CURRENT ASSETS||||||66,056||81,744|
|Creditors|-|amounts|falling due in more than||||||
||||one year|8b|||||
|TOTAL NET ASSETS||||||538,402||518,401|
|PARISH FUNDS|||||||||
|L!nrestricted||||||55,270||45,398|
|Restricted||||||466,828||458,693|
|Endowment||||||16,304||14,311|
|||||||538,402||518,402|
##
##
|||||2021||2020||
|---|---|---|---|---|---|---|---|
|Net cash from operating
activities|||||(8,864)||(49,512)|
|Cash flows from investing
activities||||||||
||FIT Payments
received|||544||579||
||Dividends
& Interest|||13,349||12,496||
||Proceeds from sale of:|||||||
||Tangible
Fixed Assets|||||||
||Tangible
Fixed Investments|||25,000||||
||Purchase of:|||||||
||Tangible
Fixed Assets for the|use|ofthe PCC|||||
||Fixed Investments|||||(25,700)||
|Net cash provided
by/ (used in) investing|||activities||38,893||(12,625)|
|Change|in cash and cash equivalents|in the|||30,029||(62,137)|
||reporting
period|||||||
|Cash and Cash equivalents
at 1January|||||74,270||136,407|
|Cash and Cash equivalents
at31December|||||104,299||74,270|
|Analysis|ofcash and cash equivalents:|||||||
||Cash at bank and in hand||||65,290||34,343|
||Short-Term
Deposits||||39,010||39,927|
|Cash and Cash equivalents
at 31December|||||104,300||74,270|
|Reconciliation ofnet cash from operating|||activities:|||||
|Net Income before investment
gains||31December|||(41,234)||(34,475)|
||Adjustments
for:|||||||
||Dividends
& Interest||||(13,349)||(12,496)|
||Decrease/(increase)
in Debtors||||69||(5,128)|
||(Decrease) /Increase
in Creditors||||45,650||2,588|
|Net cash provided by/(used
in) operating|||activities||(8,864)||(49,512)|
##
##
##
##
##
##
##
##
##
##
##
##
##
|||||||||Unrestricted|Restricted|Endowment|TOTAL|TOTAL|
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|||||||||Funds|Funds|Funds|FUNDS|FUNDS|
||||||||||||2020|2020|
|2|INCOMING||RESOURCES||||||||||
||2a|Voluntary||Income|||||||||
|||||Planned
Giving: Gift Aid||||149,194|||149,194|145,002|
|||||||Tax|recoverable|38,704|||38,704|39,539|
|||||Other Planned
Giving||||27,626|||'27,626|35,982|
|||||Collections:||Open Plate||15,823|||15,823|8,948|
|||||||Tax|recoverable|4,751|||4,751|523|
|||||Donations||||10,610|53,467||64,077|40,931|
|||||Legacies||||1,000|1,213||2.213|26,399|
|||||Special Appeals 5Collections||||997|||997|466|
|||||||||248,706|54,680||303,386|297,789|
||2b|Activities for Generating||||Funds|||||||
|||||Events||||25,808|1,311||27,119|9,013|
|||||Magazine|Adverts|||1,978|||1,978|658|
|||||||||27,786|1/311||29,097|9,671|
||2c|Investment||Income|||||||||
|||||Dividends|R|Interest||3,543|9,402|404|13,349|12,496|
|||||||||3,543|9,402|404|13,349|12,496|
||2d|Church Activities|||||||||||
|||||Occasiona|I Office||fees|23,357|||23,357|15,707|
|||||Church
Magazine|||Sales|522|||522|656|
|||||Lettings||||17,117|||17,117|14,970|
|||||Community||Cafe||6,008|||6,008|4,668|
|||||Minibus
income||||||||494|
|||||Other|||||||||
|||||||||47,004|||47,004|36,495|
||2e|Other|Incoming Resources||||||||||
|||||Grants||||44,242|61,552||105,794|181,898|
|||||Insurance|Claims||||10,453||10,453|1,330|
|||||HMRC Allowance||||4,010|||4,010|3,063|
|||||Other||||1,554|||1,554|2,474|
|||||||||49,806|72,005||121,811|188,765|
|||Total|Incoming Resources|||||376,845|137,398|404|514,647|545,216|
##
||||||Unrestricted|Restricted|Restricted|Endowment|TOTAL|TOTAL|
|---|---|---|---|---|---|---|---|---|---|---|
||||||Funds|Funds||Funds|FUNDS|FUNDS|
||||||||||2021|2021|
||RESOURCES EXPENDED||||||||||
|3|3a|Church Activities|||||||||
|||Charitable
Giving|||||||||
|||Overseas Relief & Development||||||||50|
|||Other Charities|Supported|from|||||||
|||special collections|||1,481||||1,481|170|
|||Total Charitable
Giving|||1,481||||1,481|220|
|||Mission &Ministry|||||||||
|||Mission & Evangelism|||||||||
|||CAP / Fresh Start|||2,200||||2,200|2,800|
|||Ignite|||||643||643|595|
|||Children
&Young|People||293|1,276|||1,569|3,742|
|||Other Mission Work||||||||227|
|||Total Mission &Evangelism|||2,493|1,919|||4,412|7,364|
|||Ministry|||||||||
|||Parish Share|||229,081||||229,081|321,272|
|||Local Ministry|||||||||
|||Salaries & Honoraria|||35,298||||35,298|31,039|
|||Clergy &Staff expenses|||6,111||||6,111|4,189|
|||Parish Office Costs|||4,642||||4,642|4,196|
|||Total Ministry
Cost|||277,625|1,919|||279,544|368,060|
|||Church
Running
Costs|||||||||
|||Church
running
Costs|||15,888|6,207|||22,095|18,151|
|||Insurance|||19,134||||19,134|23,146|
|||Maintenance|||11,238|15,465|||26,703|43,458|
|||Energy 8 Water|||16,736||||16,736|18,572|
|||Churchyard
upkeep|||6,232||||6,232|8,770|
|||Minibus Costs||||||||714|
||||||69,228|21,672|||90,900|112,811|
|||Cost ofTrading|||||||||
|||Hall Running
Costs|||12,576||||12,576|13,210|
|||Cafe Running
Costs|||2,622||||2,622|2,158|
||||||15,198||||15,198|15,368|
|||Major Capital Expenditure|||||||||
|||Capital projects||||95,152|||95,152|49,399|
|||Hall Major projects||||44,137|||44,137|718|
|||Project Professional|Fees 8 Other||||||||
|||Costs||||26,976|||26,976|31,212|
|||||||166,265|||166,265|81,330|
|||Tota I Church Activities|||363,531|189,856|||553,387|577,789|
||3b|Cost of Raising Funds|||||||||
|||Events|||2,494||||2,494|1,903|
|||Total Cost of Raising Funds|||2,494||||2,494|1,903|
##
|Note||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|4a|FIXEDASSETS||||||||||||||2021||2020|
|||I||13x Panels purchased||at a total cost of|||||||||8,329||8329|
|||||FIT payments to31December 2020|||||||||||2,918||2339|
|||||Net Book Value at|1stJanuary 2019||||||||||5,411||5990|
|||||Less FITpayments|received|||in the|period||||||544||579|
|||||NET BOOK VALUE|at||31|December 2021|||||||4,867||5411|
|4b|INVKSTMKNTS||||||Shares held
31/12/2020|||Value @
31/12/2020||SOLD|Bought|Realised/
Cost|Share Price
31/12/2021|Value at
31/12/2021|Unrealised
Gain lLoss)|
||CCLA Investment|||Fund: Restricted||||18,224|||373,364|-1,086||-22,256|23.4181|401,335|50,227|
||CCLA Endowment|||Fund: Annie Marwick|||||680||13,931||||23.4181|15,924|1,993|
||CCLA Propety||Fund|||||33,962|||43,951||||1.4787|50,220|6,269|
||TOTAL INVESTMENTS|||||||||||||||467,479|58,489|
|5|DEBTORS & PREPAYMENTS||||||||||||||2021||2020|
|||||Debtors||||||||||||||
|||||Repayment
Claims|Gift|Aid / GASDS: October|||||- December||||12,608||7,073|
|||||Outstanding
Hall Rents|||||||||||1,887||128|
|||||Other Outstanding|Invoices||||||||||3,841||11,834|
|||||TOTAL|||||||||||18,336||19,035|
|||||Accrued Claims||||||||||||||
|||||Grant Claims|||||||||||17,513||6,137|
|||||Accrued Grant Pightland|||Trust||||||||650||10,000|
|||||Accrued Energy overcharges|||||||||||||1,267|
|||||TOTAL DEBTORS|||||||||||36,498||36,439|
|||||Prepaid Insurance|- Minibus|||||||||||||
|||||Willesborough
Social Events|||||||||||||250|
|||||Other Prepayments|||||||||||458||337|
|||||TOTAL PREPAYMENTS|||||||||||458||587|
||TOTAL DEBTORS &PREPAYMENTS||||||||||||||36,956||37,025|
|6|DEPOSITS||||||||||||||2021||2020|
||CCLA|Endowment
Funds|||||||||||||379||379|
||CCLA|Restricted funds|||||||||||||5,604||9,079|
||Barelays||||||||||||||33,027||30,469|
||TOTAL DEPOSITS||||||||||||||39,010||39,927|
|7|CASH AT BANK AND IN HAND||||||||||||||2021||2020|
||CASH|||Grapevine
Float -|Gt Chart|||||||||||||
|||||Flower Fund Cash|||Ashford|||||||||||
||||||||Kennington|||||||345||||
||||||||Gt|Chart||||||21||||
||||||||Link Lunch|||Willesborough/Christchurch||||264|627||1,527|
|||||Cash in Hand:
unbanked|||coin||||||||13||9|
|||||Willesborough
Social Events||||||Includes cafe float|||||1042||800|
|||||Local Churches
Clearing|||account:||Kingsnorth||Lite Bite||||167|||
|||||TOTAL CASH|||||||||||1,848||2336|
||BANK|||BARCLAYS|||||||||||63,442||32,007|
||TOTAL CASH &BANK||||||||||||||65,290||34,343|
##
|CREDITORS|CREDITORS|||||||
|---|---|---|---|---|---|---|---|
|Accruals|general|||||||
||Outstanding
Invoices||||48,918||4,038|
||Accrued 100Club Prizes|||310||290||
||Accrued invoices|||2,874||2,221||
||Independent
Examination|||2,160|5,344|2,160|4,671|
|Accruals|HMRC / Pension Fund|||||||
||HMRC|||548||655||
||Pension
Fund|||373|920|354|1,009|
|Accruals|Designated
(Deferred Income)|||||||
||2020- 2023 Wedding deposits|||7,780||9,843||
||Cemetery
upkeep (Kennington)|||1,000||1,000||
||Agency Fee - Choir|||||||
||Deferred Income - Kingsnorth|Discretionery|fund|375||375||
||Deferred Income - Hall Hire Rents &Deposits|||2,588||||
||Other deferred
income|||442|12,185||11,218|
|Accruals|Restricted|||||||
||Deferred donation|||||||
||Deferred
Income (St Francis)|||||||
||Deferred
Lunch Club Grant (Ashford St Mary)|||500||500||
||Deferred
Ball Lane Grant (Kennington)|||700||700||
||||||1,200||1,200|
|Creditors|falling due in one year||||68,567||22,136|
|Custodial|Funds|||||||
||Kennington
Fayre|||||||
||Postponed
Africa Trip|||2,200||2,200||
||Bell Ringers Fund (Kingsnorth)|||2,812||2,812||
||||||5,012||5,012|
|TOTAL CREDITORS|||||73,579||27,148|
##
##
##
|||Local Church|Balance|Income &|Expenses &|Transfer|Balance C/fwd|
|---|---|---|---|---|---|---|---|
|Trust Funds|||B/fwd|unrealised|unrealised|Between||
|||||gains|losses|Funds||
|Pat Holley Legacy/Fabric|Fund|Christchurch|91,999|16,056|3,044||105,011|
|Burgess / Pope - Fabric fund||Kennington|69,430|61,402|85,294||45,538|
|Chevalier
Legacy- Halls Fund||Kennington|2,038|349|||2,387|
|School Fund Deposit a/c||Kennington|12,508|2,076|||14,584|
|Myrtle Legacy||Kingsnorth|88,983|12,684|||101,666|
|Mercy Apps||Kings north|2,818|387|||3,205|
|Joy Legacy||Ashford St Mary|14,821|2,530|||17,351|
|Butcher Legacy||Ashford St Mary|13,815|7,074|5,885||15,004|
|Jill Wright Legacy||Ashford St Mary|6,778|1,157|100||7,835|
|Monuments||Ashford St Mary|5,428|927|||6,355|
|H E Pain
—Fabric Fund||Ashford St Mary|4,512|(23)|||4,489|
|D W Knott - Organ / Choir||Ashford St Mary|6,512|1,156||(180)|7,488|
|Total Trust Funds|||319,642|105,773|94,323|(180)|330,912|
|Restricted Project Funds||||||||
|Choir / Handbells
Fund||Ashford St Mary|2,031|100||90|2,221|
|Fabric Nave Altar/Choir|stalls|Ashford St Mary|24,348|4,054|4,799||23,603|
|Cameroon
Project||Ashford St Mary|1,773||||1,773|
|Communications
Project||Ashford St Mary|472||177||295|
|St Mary's Players||Ashford St Mary|835||||835|
|Organ
Fund||Ashford St Mary||8,195||90|8,285|
|ignite||Ashford St Mary|3,837|1,700|643||4,894|
|Fabric &Project Funds||Gt Chart|10,606|6,129|10,052|678|7,361|
|Other Funds||Gt Chart|2,140|3,820||(678)|5,282|
|Fabric Funds (Kitchen)||St Francis|29,835|17,046|46,881|||
|Fabric Funds (Building)||St Francis||10,705|4,213||6,492|
|Make Lunch project||St Francis|1,007|1,739|1.133||1,613|
|Children's
Mission||St Francis|1,233||1,131||102|
|Captiai Project Funds||Willesborough|25,767|33,119|8,068||50,818|
|Capital Project Funds||Sevington|35,167|4,611|18,293||21,485|
|Youth Work||PCC||1,000|143||857|
|Total Restricted Project|Funds||139,051|92,218|95,533|180|135,916|
|TOTAL RESTRICTED FUNDS|||458,693|197,991|189,856||466,828|
##
##
##
||||||Local Church|Balance|Income &|Expenses &|Transfer|Balance|
|---|---|---|---|---|---|---|---|---|---|---|
|||||||b/fwd|unrea lised|unrealised|Between|C/fwd|
||||||||gains|losses|Funds||
||Annie Marwick||Deposit A/c||Shadoxhurst|379||||379|
||Annie Marwick||Investments||Shadoxhurst|13,932|2,397||(404)|15,925|
||TOTAL ENDOWMENT|||FUNDS||14,311|2,397||(404)|16,304|
|||||||Balance||||Balance|
|11|Movement|on|Funds|held as|Custodial Trustee|b/fwd|Income|Expenses||C/fwd|
||South Africa|Trip||||2,200||||2,200|
||Bell Ringers|Fund - Kinsgnorth||||2,812||||2,812|
||Total Custodial||Funds|||5,012||||5,012|
##
|ANALYSIS OF NET ASSETS BETWEEN|FUNDS|||||
|---|---|---|---|---|---|
||Unrestricted|Restricted|Endowment|Total 2021|Total 2020|
||Funds|||||
|||Funds|Funds|||
|Fixed Assets|4,867|||4,867|5,411|
|investments||451,555|15,925|467,479|431,246|
|Debtors|17,977|18,979||36,956|37,025|
|Deposits|23,308|15,323|379|39,010|39,927|
|Cash & Bank|65,290|||65,290|34,343|
|Liabilities|(24,918)|(48,661)||(73,579)|(27,148)|
|Barclaycard|(1,621)|||(1,621)|(2,403)|
|TOTAL NET ASSETS|55,270|466,828|16,304|538,402|518,401|
##
##
##
##
##
|Trust Funds|Trust Funds|Trust Funds||||||||
|---|---|---|---|---|---|---|---|---|---|
|Pat Holley Legacy/Fabric|||Fun|Christchurch|Maintenance
ofthe fabric ofthe church and|church|halls|||
|Burgess / Pope
—Fabric fund||||Kennington|Maintenance
ofthe fabric ofthe Kennington|church|halls|||
|Chevalier
Legacy-|Halls Fund|||Kennington|Maintenance
ofthe fabric ofthe Kennington|church|halls|||
|School Fund Deposit||a/c||Kennington|Costs ofdirect benefit to pupils of Kennington|Junior|Academy|||
|Myrtle
Legacy||||Kingsnorth|Maintenance
ofthe fabric ofthe church|||||
|Mercy Apps Fund||||Shadoxhurst|Fabric and Churchyard
maintenance|||||
|Joy Legacy||||Ashford St Mary|Capital
gt interest restricted forthe upkeep ofthe church earmarked|||||
||||||||for restoration||oftombs|
|Butcher Legacy||||Ashford St Mary|Maintenance
ofthe fabric ofthe church|||||
|Jill Wright Legacy||||Ashford St Mary|50%of interest for the Sunday School and 50%re-invested|||||
|Monuments||||Ashford St Mary|Maintenance
ofthe Smyth Tombs|||||
|D W Knott
—Organ|/|Choir||Ashford St Mary|Upkeep of organ f50 g Asst organist f50 balance to||choir|fund||
|H E Pain
—Fabric Fund||||Ashford St Mary|Maintenance
ofthe fabric ofthe church|||||
|Restricted Project|Funds|||||||||
|Choir / Handbells|Fund|||Ashford St Mary|Purchase ofchoir and music related costs|||||
|Fabric/Friends/Kneel||ers||Ashford St Mary|Maintenance
ofthe fabric ofthe church|||||
|Cameroon
Project||||Ashford St Mary|Funds are raised in support of humanitarian|projects||||
|Communications
Fund||||Ashford St Mary|Based on a specific donation for the improvement
ofcommunication|||||
|St Mary's Players||||Ashford St Mary|A donation
has been received to fund future|drama|productions|||
|Ignite||||Ashford St Mary|Mission
gt Outreach
project
—Christchuch
and St Francis former funds|||||
||||||||||combined|
|Organ fund||||Ashford St Mary|Major refurbishment
ofthe church organ|||||
|Fabric gt Project Funds||||Gt Chart|Major project to provide
hispitality
and toilet facilities
in the church|||||
|Other Funds||||Gt Chart|Minor restricted
reserves relating to Choir Fund and||Bell fund|||
|Fabric Funds||||St Francis|Funding for the refurbushment
ofthe Hall kitchen
g||other|fabric matters||
|Make Lunch Funds||||St Francis|Provision of meals and other goods for families which qualify for|||||
|||||||||free school meals||
|Children's
Mission||||St Francis|Little Squeakers
—Parent
gt Toddler Group|||||
|Capital project||||Willesborough|Funds being raised for major repairs to the steeple roof|||||
|Capital Project||||Sevington|Major refurbishment
ofthe church
building
(Includes||Lady|Sharp Trust)||
|Endowments||||||||||
|Annie Marwick
Fund||||Shadoxhurst|Fabric and Churchyard
maintenance|||||
|Funds held as Custodial Trustee||||||||||
|South Africa Trip||||Funds raised for a youth project
—aborted due to Coronavirus.
Small balance
retained for potential
future trip.||||||
|Bell Ringers
Fund||||Funds transferred|to PCC bank account on resignation
ofTower|Captain.||||
##
##
##
##
##
##
##