Annual Report and Financial Statements For the year ended 31" December 2022 The Parochial Church Council of Ashford Town A Charity registered with The Charity Commission no 1171191 ASHFORD TOWN TEAM MINISTRY comprised of the Parish Churches of St Mary the Virgin. Ashford st Mary's. Kennington St Mary the Virgin, Willesborough Sl Mary's. Gt Chart St Michael & all Angels, Kingsnorth Christchurch. South Ashford and the Chapels of Ease of St Mary's Sevington St Peter & St Paul, Shadoxhurst St Francis. South Ashford and the Worshlpping Community of Singleton ASHFORD TOWN PCC Team Rector Rev'd Dr Jeremy Worthen {from 21st October 2020) 7 Augustine Drive. Willesborough TN25 7GH Team Vicars Rev'd Jo Purle The Vicarage, 212 Faversham Road. Kennington, Ashford, TN24 9AF (Appointed January 2022) Rev'd Adam Childs The Rectory, Church Hill, Kingsnorth, Ashford. TN23 3EG (Appointed January 2022) Priest to Ashford Town Church and Chaplain to Ashford School Rev'd Richard Bellamy 1, The College, Church Yard, Ashford. TN23 1QG {Retired June 2022) Associate Priests Rev'd Dawn Stsmper: Rev'd Cathie Aldis-saunders Assistant Curates Rev'd Andrew Brown (Until April 2022): Rev'd Bruce Watson (Until June 2022) Rev'd Geoffrey Abasolo-mummery (until April 2023) Lay Staff Ms Sophie Carnaby- Mission Enabler Mr P Sibbald - Team Development Officer (until February 2022) Hon Treasurer: Mrs S E Leslie 76 Tritton Fields, Kennington, TN24 9HL Hon Secretary: Mr P Sibbald (until February 2022) Mrs Sally Lees (from February 2022) Independent Examlner: Mr S Whorlow FCA Cassidy's Chartered Accountants South Stour Offices. Roman Road. Mersham TN25 7HS Bankers Barclays Bank plc. 66 High Street. Ashford. Kent TN24 8TL Website www.ashfordlown arish.co.uk The Parochial Cmjrth Council of the Ecdesiasti￿l Parigh ofAshford TIMin in the Diocese ol Canlethry A Charity Registered wth the Charrty CoTnmissK>rh No. 1171191 Contents Annual Report Page I Independent Examinerfs 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 Annual Trustees Report 2022 Aim & Purpose The Parochial Church Council IPCC). has Ihe responsibilty of co-operatirBJ wtth the incumbent in promoting, in the ecclesiastical parish. Ihe whole mission of the Church, pastoral, evangelislic, social and ecumenical. When planning activities for the year. the PCC gave consideration lo the Charity Commission's guidance on public benefit and in parti{￿lar, the speafic guidan￿ on charities for the advan￿Ment of religion. Objectives & Activities In January. the PCC identified three main priorities for the year ahead: 1. Moving our Mission Action Planniro inlo ath'on 2. Improving our financial situatson 3. Growing in our relationship as a family of churthes. At its Annual Parochial Church Meeting in 2022, the following vision statement was agreed as encapsulating our hopes and prayers for the parish for the next five years.. Our vision is lo be a family of churchos that is centred on Jesus, serving the community, and sharing our faith. As we have sought God's will for our parish over the next five years, we see this vision including.. l. A rich variely of discipleship activities and worship seNces Ihal enable people of different ages and stages of faith lo live lives Centred on Jesus 2. Initiatives that are serving the community by having a transfomialive impact on people's lives in the most deprived areas of Ashford 3. An evolving range of'bridge, acliwlies Ihal build relabonships with people who are nol currently part of a churth community. induding Ihose Imng on newer estates, and provide opportunitses for sharing our faith As it seeks to achieve its priorrties and fulfil its vision, the parish is commitied lo sustaining certain areas of activity as central lo this. In particular, the parish Maintains a regular pattern of public worship Makes available weddings, funerals and baptisms for the people of the parish Encourages Christian discipleship for all ages Supports a range of aclivib'es to show God's love in practical action Ihal responds to human need Ensures its buildings are mainlained and where appropriate developed for use by the wider community as well as churd) congregab'ons. Achievements & Perfomiance 3.1 Moving our Mission Action Planning into action During the course of the year, our seven church communiknes each worked on a Mission Action Planning document setting out medium-tem priorities for the period 2022-27, specific goals for the next couple of years, and initial steps that could be laken in 2022 itself. During 2022, all our church communities began lo take action guided by the process of Mission Adion Planning. while welleslablished missional acbvities such as MakeLunch and Ignite also ￿ntinued. Al the same lime, the Parish Leadership Team and the PCC were also attenb've lo how the process al church community level related to what we might say about the parish as a whole. In the light of the initial presenlab'on of church community MAP documents. the draft parish vision ststemenl from 2021 was revised and then formally adopted al the APCM in the fom quoled in the premous section. At the end of the year, each church community submitted a MAP doojmenl for 2023 to the PCC outlining Ihree key goals for the coming year, in the lighl of their medium-term priorities as shaped by the shared parish vision. We were delighted to welcome the Archbishop of Canlert)ury to the deanery for Holy Week, with the theme of'shanng our Story,. This was also the theme of the Parish Lent Course, addressing a key dimension of mission within our parish MAP pro￿sS. As well as leading and speaking al se￿i￿S within the pansh, the Archbishop visited key institutions, induding the William Harvey Hospital and Ashford College, and addressed an audien￿ ol business people in an event that br¢)ught together the church with the local chamber of commerce and Ashford Bor0￿h Councd. 3.2 Improving our financial situation Following the lead of the Diocese of Canterbury, we launched the'year of Living Generousll in January, as the theological and spiritual cmlext for all our communication about finance. That included monthly pr8aching on the theme of generosity in Ihe first half of the year, while a leaflet was also produced to explain our financial silualion lo all Church mefflbers and ask them to respond to it. In September, the PCC discussed a paper setting out various options as to how to narrow the current gap be￿een income and expendilure. After some delays, we were able lo set up the parish on the Parish Giving Scheme and invite every church member lo consider regular giving through it. We have seen new people giving regulady, some existsng members increasing their giving, and raised income ¢ompared to last year from fund-raising events (including some notable succ£ss with our Christmas Fayresl and, especially, hall lethngs. With rising energy costs and other expenses, however, we have only been able to redu￿, not eliminate, our underpayment of parish share, as following sections of the report make clear. 3.3 Growing in our relationship as a family of churthes We have continued to foster exists'ng cross-parish teams, induding the Parish Ministry Team, the Safeguarding Offi￿rS Team, and the Finan￿ Offi￿ts Team. We have also set up a new group for Communications Offi￿r$. Churchwardens and Assistsnl Churchwardens have met together for some time, bul in July we received approval to increase our number of Chur¢hwardens for the parish from two to seven, which we hope will enable Ihem to work more effectively as a crucial elemenl in connecting our parish. Jenny Flahety, Jerry Fox, Robert Sharp and Julian Sheeran were duly appointed. The APCM approved a reduction in numbers of PCC members and supported the mc¥Jel for membership of one ordained and two lay members from each church community,. these changes will lake effect from 2023. In a new departure, the APCM included time for church communities to meet in separale groups, while we had our first fully in-Ferson Parish Pentecost Servi￿ since the pandemic and held a Parish Mini Conference for the second year wnning in November. When ￿YO new Team Vicars joined the parish in January, their role descriptions induded support for areas of ministry across the whole parish as well as pastoral responsibility for specific churches, in contrast wlh previous appointrnents. 3.4 General commenls This was the first year 5illce 2019 when church activities have been relatively unaffecled by restrictions relating to the Coronavirus pandemic. That has been reflected in our Average Weekly Allendance, which rose from 223 in 2021 to 298 (before the first lockdown it had been 425). numbers of weddings147 compared wilh 20 in 2021) and baptssms181 compared with 42 in 2021) and also in increased use of church facilities Ichurch buildings and church halls) for both churth events and outside bookings. We have seen new people joining our congregations, and also more regular parb'cipation from families with children. The need to improve what we offer to children, families and young people is evidenl from the prioriIEs and goals in the MAP documents for our church communities. In February, the PCC expressed Its Ihanks lo Phil Sibbald, as his extemally fvnded post of Parish Development Officer came to an end. Sally Lees took over as PCC Secretary, while as already noted we in￿eased the numbef of Churchwardens. In January, we were able lo welcome Ihe Revd. Adam Childs and the Revd. Jo Purle as new Team Vicars, while in December we announced the appoinlmenl of the Revd. Teena Twelves, half of the costs of ￿Ose Team Vicar post will covered for the first five years by money from the Church Commissioners. Lowest Income Communities Fund. Financial Review 4.1 Overview Our Managemenl accounts Ihroughoul the year had prediG31ed a shorttall of around £67,000 based on the commilmenl lo pay Pansh Share in full. In the event, with much regret. we fell short of full payment by £62,942, having an Unrestn'cled nel inflow of iusl £1242 and insufficient General Reserves to fulf I the shortfall: this brings the totsl outstanding Parish Share at the end of 202210 £180,773. Planned Giving - the bedTCtk of OUT incoming resources fell by over £4,OCrfJ with almost 2501. fewer regular givers, although there is evidence of an increase in service collectsons which in part reflects the uncertainly and concem SUrr￿ndIng energy pri￿ increases and rampant inllalion. Fees and service collections al lrfe event services have continued lo increase.. . many of them coming to fruition after can¢ellalion due lo COVID reslrictsons in 2020 and 2021. Hall Lettings have seen a signifir2nl recovery wilh income almost trebled, although sts'll lagging some way behind pre-covid levels.. inevitably running costs were also higher bul the net outtum al 56Yo oulslrippe Ihe 2019 result of 52 10. Similarly, café income showed a significant increase over 2021 with a very creditable 74 10 nel outlum. Link Lunches continued at Willesborimgh and were also inlr(Kluced in Kennington al St Mary's Community Centre where a local borough council Member Grant enabled the upgrade of some kitchen while gcods to commercial stsndard.. attendance at Willesborough remained steady al around 50 per session and Kenninglon's grew from a modest start lo 40 for the Christmas meal. Kingsnorth's Lite Bile community lunches yelded a conlribulion to church fvnds of £150: these and the Link Lunches are essentially Social Outreath and 'nol for profit, activities. 4.2 ￿n￿mIng Resources General Fund Income has reflected the fact that 2022 was largely unaffected by COVID restrictions although il is clear that some of our elderly and vulnerable members have still not resumed church service attendance. We are graleftjl, as ever, to all those who have faithfvlly continued their regular giving through the bank or by means of the Free Will Offering envelopes. However, the national financial situation impacted on Year of Generosty as far as Planned Giving was Con￿Med and income from this source actually fell by an average of £81 per week with significantly fewer members able lo commit to regular giving. On the other hand, Open Plate collections rallied, and the amunt claimed under the Gift Aid Small Donations Scheme also increased with the result thal overall, Unreslncled Voluntary Income was more than £12,000 higher than in 2021 Life Events seNices increased as many of the wedding postponements from 2020 and 2021 finally r2me lo fruition: 47 weddings were conducted in the year compared wilh 15 in 2021. Total fees al £27,370 were actually higher than 2019 and over £4,000 higher than 2021 whilsl open plate collections at these seNices welded a further £1,460. 91 Funeral seNces were o)nducled with more than half including church Ser￿￿S across Ihe parish. Total Fee income for the year was £27,370. YEAR WEDDINGS FUNERALS , CREMATION INTERMENT OF ASHES 2017 47 41 37 16 20 66 46 76 50 48 2019 2020 59 16 ** 2022 16 ' No PCC Fee received for cremations in 2021 or 2022: 13 and 37 ￿re￿nIeS conducted respectively Hall and church lettings have flourished during the year.. the highest revenue (£16,077) was generated at the town ￿ntre Parish Ri)oms. Willesborough Church is now extensively used by local organisations raising addits'onal income of £3.855. Due to the high energy costs incurred a small heats'ng surcharge has been levied since November and will continue until March 2023. Willesboiough's Inspire Café has also flourished, raising income of £10,635. Financial support from the Pighlland Tnjst for general Purposes al Kingsnorth has continued Ihroughoul the year albeit at the slightly reduced level of £1,000 per month {£1,200 in 20211 as we continue our efforts lo reduce dependency on the Trusl. Support for part lime Adminislralor salary also continues- total grant for the year was £19.800. Ashford Parothial Charities continued lo support the Town Centre church with a grant of £11,173 towards energy and insurance (x)sts,' further support for maintenance costs is reported under Restncted Funds at item 4.5 below. Support has been received from Church Commissioners via the DI0￿Se for the extensive increases in energy costs.. a grant of £19,900 was awarded in Dec£mber, £2,200 of which was allocated across the parish in December with £17,7CKi deferr￿ lo cover the remaining winler months of January lo March when healing costs Temain high. We continue lo qualty for HMRC'S allowance for small 8mploy8rs'. this was increased for the tax year 2022123 from £4,000 to £5,OCK) and is more than sufficient lo cover our entire Employer's Nl liability of £2,017 for the calendar year. 4.3 Expenditure Total Unrestricted expenditure for the year was £414,309 compare with £366,025 in 2021.. this represents an increase of some 13Y.. Parish Share paKJ (as opposed to due} remained almost constant as a result of the limitations of available incoming ￿sourCES and reserve fvnds. Admin Salaries and Honoraria increased by £10,175122%) due lo various factors including the fact that Honoraria were suspended during the pandemic and did not recommence until April 2021, a new organist was appointed late In 2021, and a revthy of salaries which were below minimum wage. Clergy and Staff Expenses increased by £2.OQK) (33Y.} for similar reasons- travel was curtailed for the first 3 months of 2021 resulting in fewer mileage claims and two deTgy posts were vacant from September 2021 until January 2022. With churches closed unlil April 2021, Church Running wsls are similarly lower in that year.. the overall increase in running costs in 2022 was a lithe over £21,000133 /0}, the main increase being energy costs (2021 £16,736- 2022 £31,706}'. Maintenance and Insuran￿ costs showed only minor increases. By the same token, Hall Running costs are higher in 2022, showing an increase of 72'fi refiecling the very cautious resumptKTrn of lettings.. café cosls doubled in 2022 again due lo Covid restrictions being imposed until mid-year 2021. 4.4 Reslricled Funds. a. Extensive roof damage was suffered at six of our thurth buildings during Storm Eunice in February 2022- after deducting £250 per claim our Insurers have contributed £25,479 towards the cost of repairs some of which are still not fully completed. b. Ashford Paroch￿1 Charities c£￿trIbuted almost £7.500 towards maintenance costs and two grants of £1200 were received from Borough Council Members towards the repair of the Audi(FVisual screen al Sl Mary's Town Cenlre. c. Ignite, the outreach acb'vity which provides a hot meal, socialising and gospel teaching, having been relocated lo Sl Marfs Town Centre church has incurred some infrastructure costs as well as expanding its weekly activibes in temis of attendees, wtth a view lo moving towards financial self sufficiency over lime: extemal funding has now ￿ased. d. Make Lunch, which provides free hol meals during sthwl holidays for disadvantaged families, continues lo thrive with donations from across the whole parish and beyond, grants from KCC of £4,636 and Ashford Borough CounrJl1£880} foi Ihe purchase of new chairs, and costs minimised by low cost food supplies from Fare Share. This latter Sour￿ is now becoming significantly reduced due to the Supemiarkets, removal of 'sell-bl dales for fresh produce. However, the fvnd is in an extremely good position at the end of the year with £5,409 in r&serve. e. Willesborough Spire projecl has nol moved forward bul professK)nal fees of £2,838 have been recorded.. a new healing boiler was inslalw at a cost of £10,243 largely funded by donations from members of the congregation. f. Atl of the Trust Funds, where the assets a￿ largely invested in CCLA Investsmenl fund units, suffered revaluation losses in the year. This was very disapFKJintsng as the share pri￿s, having dropped v8ry early in the year had recovered slowly over lime bul suffered a setback very shortly before the year end. Total Losses amounted lo £53.136 on restrided fiJnds.' individual Fund Losses were as follows.. Church Chnslchurth Kenninglon Kennington ISMCCI Kennington Kingsnorth Fund Amount Pal Holley Fund £12,368 Burgess IPopelHillslKnighls £6,748 Chevalier Fund £269 School Fund £1,625 Myrtle Fund Investment Units £6.033 Myrue Fund Property Fund £5,892 Mercy Apps Legacy £364 St Marys Town Centre Various Legacies £9,826 Gl Chart Janus Fund £1,714 Willesborough Spire Fund £4,912 Sevinglon Lady Sharp Legacy £3,384 The Annie Marwick endowment fund suffered &milar revaluation bsses amounting to £1,875. This fund is restricted lo Shadoxhursl churchyard mainlenance and costs appropriate lo the amount of income in a year are transferred fTom Unrestricted Kingsnorth & Shadoxhursl funds. g. Kennington's Easl Window protection was upgraded at a cost of £11010 funded by donation from the Friends ofSI Mary's Kennington. h. The Major Organ RefiJTbishment appeal at Sl Marfs Town Centre has continued to grow with donations from Ihe congregation and beyond. It now slands al £14,047 and is (xjrrentjy held on deposit. As this is a long-term project with almost no ongoing costs. consideration should now be gNen lo Iransfernng Ihe majority of this sum to CCLA Investment Units. In conclusion Whilst il remains our policy to hold free reserves equivalent to 3 months, unrestricted expenditure (£103,577 at 31st December 2022}, the praclicalilies of post pandemic recovery reveal this lo be impossible lo achieve in the short term. It is to be hoped that. in time, extemal factors of inflation and spiralling energy tariffs will be brought under conlr(A and disposable income siluakn'ons will resume fluidity.. then and only then will we reach a point where we can realistically look to our members to review and increase giwng on an annual basis. The Parish Giving Scheme {PGS), which we joined in the autumn, encourages people to increase giving in line with inflation, bul this is an option which most of those who have transferred their giving have chosen not lo take up. Membership of PGS, which involves switching from Standing Order payments to the church bank account to Direct Debil collected initially by a third party charity, has been embraced caub'ously.. the advantages from a Parish perspective are that fijnds including Gift Aid are received in the parish wthin Ihe month of the original donation.. where Grft Aid has hisloric2lly been daimed on our behalf by the Diocese, claims have at times been delayed by as much as four months. There is clearly a cashflow advantage and a reduclion in administration of the Gift claims but the major advantage- that of regular increases in giving In line with inflats'on - has yet lo become reality. Expenditure has been under very tr'ght o)ntrc4 Sin￿ the inception of the Ashford Town Pansh and has now become the norm.11 is difficult to see where any further cosl saviThJs can be achieved and the only other means of easing our financial situation from 'critical' is by growth. Happily, we have seen our average allendance numbers increase in 2022 whith is a definilNe sign of green shools- the challenge now is not only to conlinue lo allracl numerical growth bul also to nurture and convert il lo financial growth. Biblical teaching is very clear- particularly in the letters of St Paul that gimng in support of the mission and ministy of the church is essential and should be regular, propjrtionale to our personal incL)me, given willingly and joyfully and, k*rhaps most importanuy, we are called to gwe to Gcd what is right- not what is left. Financial Utopia for any parish is where Vo5unlary Income is sufficient to support the Mission and Ministry costs and for other ordinary income to fund Church Running costs. If we examine the results for 2022 on this basis we can see that the second 'ambitson is indeed fulfilled. We have only to achieve the firsti Income.. Expenditure Voluntary income- Mission & Ministy All other income Church Running costs Available for further mission Income £260,840 Expenditure Surplus l {Shortfalll £292,338 131,4981 £154,711 £121,971 £32,740 £1,242 Totsl Funds: as at 31 st December 2022 Funds Free Reserves Restricted Reserves Amount Held in £￿,512 Cash and bank, bank deposrt, debtors and liabilities £443,267 Deposils, Inveslmenls, debtors and liabilities Endowment Reserves 1_ £14,430 Investments A full analysis of funds can be seen at Note12 on page 21 of this rewl Custodial Funds Custodial Funds held at 31 sl December 2022: Kingsnorth Bell Fund £2,792 Kingsnorth South Africa Trip £2,200 Future Plans As noted above in section 2, we now have a vision slalement to shape our life as a parish for the next five years. Each of our seven church communib'es has a sel of five-year priorities reflectin9 ils unique context and aligned to the parish vision, and has idenb'fied Sp￿1[1¢ goals for mission in 2023. Overfapping areas in the Mission Action Planning documents for our church (￿MmunitieS include.. supporting parbcipalion of children and young people in worship and discipleship, through working with our schools as well as through what we offer in our church seNices and other aclivib'es fostering new inilialives lo help us seNe our ￿MMunI￿.e5 by showing the love of God in action reviewing and renewing the pattem of our Sunday seNices developing our buildings lo make them more effective as hubs for mission. We have identified Ihree parish objectives for 2023.10 support work across our church communities to lake fO￿ard our parish vision.. Embed Mission Action Planning at every level of our parish life Foster the life of prayer within our parish Support and enhan￿ our thildren and young people provision. We are also looking forward to the arrival of the Revd Teena Twelves to join the clergy team in March 2023. with a special focus on the second element in our parish vigon stalemenl.. 'Inib'atives that are serving the community by having a transfomiatsve impacl on people's lives in the most deprived areas of Ashford. Risk Managemenl 9.1 Principle Risk.. 9.1.1 Insuffiuent or inadequate levels of r￿ular giving lo sustain payment of essential basic njnning costs 9.1.2 Although now only a small element of our incoming funds and wdely spread across a team of volunteers, cash secunty a￿ayS poses some risk albeit minor. 9.2 Damage Limitation stn'ct control continues to be exerased over expendilure. Al parish level almost the onty sanction available lo protect cash flow is reduction in payment of Parish Share. As a PCC we were committed to full payment since the Ashford Town Parish was formed bul the effects of the pandemic deomaled free resetves. This decision to limrt payment ol Share was laken with much TegTet and as a last resorL Opportunthes lo increase income have been minimal bul at the first opportunity we opened a digital plalfomi for personal giving which runs alongside our existsng card payment facility. The Give A Little campaign is now being replaced by PGS for one-off giwng. The tske up has been relatively small. Advertising is through the church website and QR code posters in each thurth. It is hoped that the switch to PGS will encourage a review of giving levels as has been evident among the majority of those who joined in 2022 9.3 Future Management Going forward, Risk Assessments for all our buildings will need to be regulady reviewed and updated. As part of the Mission Action Plan, numerical growth in membership and new income streams will be investigated and we wll continue lo ty to convert cash giving to electronic or otherforms which can be easily sustained through any future crisis. Good stewardship and the pr¢)mob'on of generosity will be at the forefront ol our financial planning. We will continue to exploie and develop facilities for digital giving at public services especially at weddings and funerals. These methods are much dependent on g￿d intemet or mobile phone Connections and our church buildings are not always blessed in this way. However. technology is always moving forward and we will constantly monitor developments. We have inviled all church members lo register wtlh PGS and wll continue lo foster generosity- generosity towards creation, towards other people, being generi)us wilh our ts'me and OUT skills as well as with our money. We will register with HMRC for the purpose of processing GASDS daims and Gift Aid claims where donors have not transferred lo PGS. 10 Infomiation in Diagrammatic Forni The following page shows in diagrammatic fomi the basic elements of Income and expenditu￿ with some further analysis of church running costs and finally a chart which depicts a comparison of the decline in income and expendilLSre levels over the five years 2018 to 2022 UNRESTRICTED INCOME 2022 er 1% F9•5, L•ttl￿$ •nd Café PIBfin•d 6fr4 UNREsfRICTED RUNNING COSTS 2022 ANALYSIS OF CHURCH RUNNING COSTS 2022 Other Cost of Tradlng Insurance Church Running 22% 23% Parish Share SPA Churchyards Local Ministry 14% Malntenance 5-Year Incorne & Expenditure Comparison 2018 2019 2020 2021 2022 Income • Expenditure 11 Structure, Governance and Management The PCC is a body corporate under the Parochial Churth Cwncil Powers Measure and operates in accordan￿ with the Church RepreSentat￿n Rules 2011. It is a Charity regislered with the Charity Commission number1171191. The appointment of PCC members is govemed by and set rJul in Ihe Churth Representation rules. PCC members are ex officio, ciFopted, or elected by the Annual Parochial Church Meeting to serve for a period of three years, retiring by rotation. During the year, the maximum number of churthwardens was increased from 210 7 being one form each k)cal church. Lay members of both Deanery and Diocesan Synods are ex officio members of the PCC. Membership Team Rector and Chair of PCC.. Rev'd Canon Dr Jeremy Worthen (from October 20201 Clergy: Rev'd Adam Childs. Rev'd Jo Purle,. Revd Richard Bellamy (Retired June 20221,. Rev'd Dawn Stamper., Rev'd Calhie Aldis-saunders., Rev'd Andrew Brown lunts'l May 2022)., Rev'd Bruce Watson (Until June 20221.. Rev'd Geoffrey Abasolo-munnery Deputy Chair of PCC.. Mrs Sally Lees Lay Staff: Mr Phil Sibbald {unlil February 20221,. Mrs Sophie Camaby-Denyer Church Wardens: Mr Jerry Fox. Mrs Jenny Flaherty,. Mr Julian Sheehan; Mr Robert Sharp Lay Readers.. Mr Derek Goodwin, Mrs Alison Gunther. Dr James Beck. Deanery Synod Representatives.. (until Ocl 2023} Mrs Jane Appleton. Diocesan Synod Representatives= {unbl May 2024) Mrs Shirley Leslie; Mrs Jill Humphreys Elected members: To serve until April 2023.. Mts Sally Lees- Mrs Sarah Ansell., Mrs Susan Mullan. Mrs Maureen Drury,. Miss Caroline Hannah. To serve until May 2024. Mrs Morag Sharp, Mr Alan Stamp, Mfs Chrisline Duchemin. To se￿e until April 2025.. Mrs Libby Varfey. Mrs Lorraine Andrews. Mr Ken Blanshard,. Mrs Hannah Morris. Mr Phil Sibbald continued to serve as Hon Secretary unbl February 2022 and Electoral Roll officer until May 2022. Mrs Sally Lees bef2me PCC Secretary from FebTUary 2022. Mrs Shirley Leslie continued lo serve as Hon Treasurer. assisted by Mr J Small (Gift Aid Claims) Mr R & Mrs T Fincher, (Local Gift Aid administrators). Miss J Wentx)m (Local Gift Aid and banking adminislratorl and MrJ Donovan, Mrs H Wesl, MrsA Sorrell, Mr C Grove and Mi D Peters (Local Bankn'ng adminislralors}. Mrs Lis Webb continued to serve as Safeguarding Offiw. Mrs Libby Varley took up the role of Electoral Roll Officer from May 2022. The PCC met seven tsmes dunng 2022: Each local church has a Local Leadership or local Management Team: these act as sub-committees of the PCC to deal with purely local matters of ministry and fabric. Approved by the PCC on 30th March 2023 and signed by Rev'd Dr Jeremy Worlhen - Team Rector io Independent Examinerfs Report to the Trustees of Ashford Town Parochial Church Council I report on the accounts for the year ended 31 December 2022. which are set out on pages 12 to 22. Respertive responsibilities of the PCC and the examiner The Charity's trustees consider that an audit 15 not required for this year under Section 144121 of the Charities Art 2011 (the 2011 Act) and that an Independent Examination is needed. It is my responsibility to examine the accounts under Section 145 of the 2011 Act follow the procedures laid down in the General Direction5 given by the Charity Commissioners in Section 14515llbl of the Act,. and state whether particular matters have come to my attention Basls of Independent Examlnerfs Statement My examination was carried out in accordance with the General Dlrectlons glven by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the management committee concernin8 any such matters. The procedures undertaken do not provide all the evidence that would be required in a full audit and consequently I do not express an audit opinion on the accounts. Independent Examiner's Ststement In connection with my examination, no matters have corne to my attention: which give me reasonable cause to believe that in any material respect the requirements to keep accounting records in accordance with S130 of the 2011 Act.. and to prepare accounts which accord with these accounting records have not been met,. or To which, in my opinion, attention should be drawn in order to reach a proper under5tarkding of the accounts to be reached. Stuart Whorlow FCA Cassidys Chartered Accountants, 2023 li The Parochial Church Council of Ashford Town Staiement of Financial Actl¥rtles forthe year ended 31 December 2022 Vnrestrirted Funds Restrbcled Endowment TOTAL FUNDS Funds Funds 2022 TOTALFUNDS 2021 Note INCOMING RESOURCES Voluntary Income 260.840 36,767 297,607 303,386 Activities for Generating Funds 2b 20.291 13,977 34,268 29,097 Investment Income 9.079 421 13,344 13,349 Church Actwities 2d 92.970 92,970 47,(X)4 Other Incorning Re50urce5 37.185 66,535 103.720 121.811 TOTAL INCOMING RESOURCES 41S.130 126.358 421 541,909 514,647 RESOURCES EXPENOED Church Actwities 3a 410.123 94,667 504.790 553,387 Raisin8 Funds TOTAL RESOURces EXPENDED 3b 4.186 2.116 6.302 2.494 414.309 96.783 511.092 555.881 NET INCOMINGIIOUTGOINGI RESOURCES BEFORE TRANSFERS BETWEEN FUNDS 821 29.S75 421 30,817 141,2341 Transfers between Funds 421 14211 NET INCOMINGIIOUTGOINGI RESOURCES BEFORE OTHER RECOGNISED GAINS AND LO55ES 1,242 29.575 30.817 141.2341 Galns/llosstsl on Investment assets.. Realised 4b 2.744 Unrealised 4b 53.1361 11,8741 55.0101 58.490 ETMOVEMENTIN FUND 1.242 123,5611 11,8741 124,1931 20,000 alance blforward @ 1st January 2022 55.270 466A28 16,304 538,402 518,402 Closlng Bal•npars. Ctse￿"¢eQV￿enl . 5>wrs. No depr￿le￿On is wovided bujhJi￿ as CLYI￿Vy eslMn*J re5*Juavath oltho Mtl&ssthan thwr taTrir¥J Value and the rmining usefiA lrfeolihese assets exwds 80 ttpd•w•uat¥J)eh￿Os1ArthJ be¥wlwi*. In￿sIm8n1l Inv6s1ments are*alL*d al ￿1r fflark8tvab* at 31 Dsc*mt*r. l)&4sm olThestswtS *8 inc4ud￿ in thé s&t¢mgnlol Finana￿*￿1b.0$. ShorlT•rn Deposms Thesg are th¢ ¢ash c4)do￿lt•Sth￿wlh CCLA Chjrch Cwth. F￿d ￿at1￿ b￿k. Funds Unreitriet•d Fund$ Th858 repres8nl tho renwining In￿rn lJMts olts PCC thal are￿#1*4• 90￿ra1 FW050$0fthe PCC. I￿.￿ amunts des1gnal&1 by the PCC lorfrA8d a￿ts rts ¢y&y spendirg rma ftthjre WoJ8Cla￿j ¥è rh)1 in ts Yree re5erve3'. The PCC ain￿ lo nwntan a bakqrte onfree r9seThtsamcoJntyb)a¢ kèsl 3rf(dh$ty¥estsK*d Fwrwts. Ro$tIl¢t￿ Funds These are incornelunds that muslbeswli¥) purp￿eS *￿$j8{all5 dthe &)d we shown in rnte5 10 th8 awuntsatrnles 9 and 14. RisLwi PLAKY toin¥esllhe th)rttwm*MslMI wth ￿ CCLA Church ol ETrJl*)d Fw¢ and the r&maind#r in iheCCLAChur¢h of Erylarnl In￿sIM8ntFth1 Endowment F￿dI These are restrided fil￿ that be retained astrustca￿lal thr pe￿arthI￿ cf suiiectb a discrebThry lo spend the ¢8pilal as rrtorr*. and where the use ofany ir￿[re orOthert￿fftdeIwed frThn LI resth¢ted F￿1 de¢aI5 oftheir re5trKkn5 are shown In the notes lo trt ac￿unts. The fund5 are adminislered by Cantethwy DbXé￿8oBrd of FwwKe 8s Tnth 8TrJ in¥¢sted inth8CCiACl¥Jrch olEWaThJ Inveskn&nl Fund. 15 The Parochial Church Council of Ashford Town Notes to the Financi31 Statements forthe period ended 31 December 2022 Unrestricted Restricted Endawment Funds Funds Funds TOTAL FUNDS 2022 TOTAL FUNDS 2021 2 INCOMING RESOURCES 2a Voluntary Income Planned Giving.- Gift Aid Tax recoverable 150.293 39.077 150,293 39,077 149,194 38.704 Other Planned Giwn8 Collection5'. Open Plate Tax rettsverable 21.957 21,957 27,746 8,367 27,626 15,823 4.751 27,746 8,367 OonatlOn5 11,650 32,439 44,089 4.328 64,077 2,213 Legacies Special Appea15 & Collections 4,328 1.750 1.750 997 260A40 36,767 297,607 303.386 2b Actlvltlesfor GÈnertln8 Funds Evenis 19,558 733 13.977 33.535 27.119 Ma8azine Adverts 733 1,978 29,097 20.291 13.977 34,268 2( Investm•nt In¢om• Dividends & Interest 9.079 421 13J44 13,349 9,079 421 13,344 13,349 2d Church Actfvltles Occasional Office fees 27,370 27.370 23.357 Church Ma8azlne Sabes Lettings Community Café Min¢bus income 703 703 522 49.334 49,334 17.117 15.563 1S,S63 6.008 Other 92,970 92,970 47,004 Ie Other In¢omin8 Resources Grants 34.551 40.708 75.159 105,794 10,453 4,010 Insurance Claims 25.479 25.479 HMRC Allowance 2.018 2.018 Other 616 347 964 1,554 37.18S 66.53S 103,720 121.811 Totsl Incoming Resources 415.130 126.358 421 541,909 514.647 16 The Parochial Church Council of Ashford Town Notes to the Financial Statements for the period ended 31 December 2022 Uhrestricw Resiii¢ted Erthment TOTAL Funds Funds Funds FUND5 TOTAL FUNDS 2022 2021 RESOURCES EXPENDED Churth Aciivltfjes Cbarftable 61vlng Overseas Relief & t*vel¢)pmeTht Other Charities Supported from spÈcial ¢dlectiotts Total Charftable Ghflng MIs51on & Minlstry 3.131 3,131 1,481 3.131 3.131 1,481 Mtsslon & Évani•115rn CAP l Fresh Stsrt 3.2fy) 2.200 2.630 Z.630 643 ChSldren & Yeun8 People Other MissKtin Work 227 4.230 4,457 1,569 Totsl Miuipn & ev•n8¢li5m Mlnlstsv Parish Share 3A27 10.967 4.412 218,857 228M57 229,081 Local Min15try Salaries & Honorart 45.473 4418 45A7a 8A18 35.298 c￿18¥& Staff expenses Parish Office Costs 6.111 3,033 3.033 4,642 Total Mlrblstry Cost 292.338 299.879 279.544 Churth runnin8 Costs 1Trsur•nce 22￿2 39) 23.181 22.OY5 20A39 20,839 19,134 26,703 16,736 Maintenance 12.494 31,706 42,OS5 54,549 Energy & Water Churchyard upkeep Minlbus Costs 31.7 2,707 2.707 6,232 42MS 133.083 Cost of Tradin Hall Runnin8 Costs Calé Runnin8Costs 21,622 21,622 11,576 5.524 5,524 2,622 27.146 27,146 15,198 Major Capttal EX￿nd￿￿ra Capital projects Hall Major projecis Projett ProfÈssional Fees & Other Costs 28.531 28.531 95.152 7.181 7.181 44,137 8.970 .970 26.976 44.682 166.265 Total Church Adbvities 410.123 94.667 507.921 553,387 3b tostol Ralsing Funds Events 4,186 2,116 6.102 2,494 Totsl CO￿ of Rablnz Funds 4.186 2.116 6.102 2,494 Revd Orjwemy Worthen. PCC (fvlr 17 The Parochial Church Council of Ashford Town Notes to the Financial Statements for the period ended 31 De￿mber 2022 NotÈ 41 FIXED A&sErs 202 13 x PaneLs pUre￿￿eddI ètotalcostof FIT payments to 31 Oecember 2021 Nei Bookvalue at L5fJanu4ry2022 Le55 Fttpayments reterod in the perSJd NET BOOKVALUE ai 31 Oecember20ZZ 8.325 3.462 4.867 641 8329 2918 5411 544 4.226 Shar*sh•kl Va*Je• Jiiiznozi 5111212021 17.138 401.J35 IS.924 Rea45ed I shI￿Pr)re Value at 31112120U 3111212022 20 6614 354.091 14.050 44.328 412,469 UDreallMd G•in (Loss) 147.2441 {1,8741 4b LNVKSThIEh75 CCLA Inve5tmeDt Fund. Resirtrted CCLA EndowmBnt Fund". Marwkk 20 6614 CCLAPropety Fund TOTALINVESTMEP4T5 33.962 50.220 467M79 1.3¢52 ($5,010 DEBTOPS& PREPAYMeNTS 2022 A¢pa¥N￿￿t a•hnsGfft(ASdlGASDS.. 1104Yfflb¥. Oeumblr Pl8htand T￿SE LPWG Clalms 7.210 1,650 2,951 4.093 12,608 650 17.513 1.887 5,841 t5tandini Rthts OtherOutst•nOw In¥ok•s 7.775 TOTALOEBTORS 23,678 36N9B Wllksbofou8hSo(41 É¥eThts Other Prepayments Iso 994 458 TOTALPREPAYMEPITS 1.144 TOTAI OEBTOPS & PREPAYMENT5 24.821 ,956 DEPOSITS CCLA Endth¥ment Funds 2022 2021 379 379 CCLA Re5tilcted lund5 16,299 27.101 5.604 33.027 39,OLO Bar£l4y5 TOTAL DEPOSITS CASH ATBANKPJID IN HAND 1021 2021 ASH G¢ag¢Virte Fk)ai-GtChart Ke￿￿￿oft Gtchart Dk Lunth W1￿￿r(wh Cash In HaThd". unbonked crAh 333 790 627 13 1042 167 WIIe5￿r￿￿h S¢tial Events Rev'd Dfjè Local thUrthosCle￿nIacCauni." K**5north Litè Bile TOTNICASH IKbJde5 café lknit 747 1,$53 BANK aAYS 97,924 63.44Z TOTAI C4511& WIK 99,477 6S,290 The Parochial Church Council of Ashlord Town Notes to the Financial Statements for the period ended 31 December 2022 Note 2022 2021 CREDITORS A¢¢ruals general Outstanding Invoices Accrued 100 Club Pdzes 22.616 48,918 250 310 A¢¢rued invoices 8.701 2,160 2.874 Independenl Examination ii.iii 2.160 5,344 Accruals HMRC I Pension Fund HMRC 154 548 Pension Fund 129 283 373 920 Accruals Deslgnated (Deferrtd Intome) 2020- 2024 Wedd¢n8 deposits Cemetery upkeep IKenThtnKtonl Deferred Income- Hall Hire Rents & Deposits CBDF Heatlll8 GrantJanuary- March 2023 Other deferred income 3.595 7.780 SSO i.￿0 5,348 17.700 1,803 2,963 28,996 442 12,185 ¢ruals Restrlcted Oeferred Lunch Club Grant (Ashlord St Maryl Deferred Ball Lane Grant IKenningwnl 500 420 700 920 1.200 Credltors fallln8 due In one year 63,926 68,567 Custodlal Funds KenninÈio* Fayre Postponed Afrlca Trfp 2.200 2,200 Bell Rin8ers Fund I￿r¥$nOrth> 2.792 2012 4.992 5,012 YOTAL CREDITORS 68,918 73,579 8b Unrecognised Ciedltor- Parlsh Share Due to ihe onRoing effect on income streams of the fall in attendance resulting from the Coronavirus pandemic, it has raot been p055ible to achieve full payrnent of the amount requested by the Diocesan Board of Finance in respect of Parish Share. Taking into account the minimum level of cash holdings deemed necessary, 78% was paid leaving £62.942 unpaid at 31st December 2022 plus £117,831 from the previous 2 years. As thi5 is a voluntary contribution. the debt 15 not accrued in the annual accounts. Unre¢0￿15@d Credltor- Diocesan Board of Flnance Due to historic cash accounting, Iwo loans from Dioce5aTh Board of Finance totslling £128.000 were not recognised rn the 2016 Willesborough Balance Sheet_ £25.000 was repaid during 2017 and £70.197 remitted by the Diocese in 2018. £32,803 remains outstanding at 31sl Oecember 2022. The otrtstanding amount will be settled by way of deduction from a Diocesan 8iant arisin8 from the sale of Gt Chart Vic3ra8e. ReTr/d Orjeremy Worthen- PCCChair 19 The Parochial Church Council of Ashford Town Notesto the Financial Statements for the period ended 31 December 2022 Note 9 MOVEMENTON REsTricfED FUNDS Lotal Churth Bafance 81fwd In£ome & Expenses & unrealised unrealised losses Transfer Balance Clfivd Between Funds Trust Funds Pat Holley LegacylFabric Fund Christthurch Burgess I Pope- Fabric fijnd Kennin8ton 105,011 16.856 95,735 45.538 19.382 18,328 46,592 Chevalier Legacy- Halls Fund Kennin8ton 2,387 4,588 7,450 14751 hool Fund Deposit alc Ktnnin8ton 14.584 369 1,625 13,328 Myrtle Legacy Kinwrth 101.666 6.668 18.043 90.291 Mercy Apps Kingsnorth %hford St Mary 3.205 1.249 1.613 2.841 Joy Legacy 17.3SI 4S3 1,994 15.810 Butcher Lelacy shford St Mary IS.004 7.881 9,046 13,839 Jill Wright Legacy Ashlord St Mary 7,835 207 912 7.130 Monuments Ashlord St Mary 6.355 166 731 5,790 H E Pain- Fabric Fund Ashford St Mary 4.489 120 586 4,023 D W Knori- Organ/ Cholr Ashford St Mary 918 14091 14091 6,570 Totsl Tntst Funds 330,912 49,070 78,101 301,472 Restricted Projecl Funds Choirl Handbells Fund Ashford St Mary 2.221 49 2.270 Fabric Nave Altar /Choir stalts Ashford St Mary 23,603 1.847 4.380 21,070 Cameroon Project Ashford St Mary 1,773 1,773 Comrnunitations Project Ashford St Mary 295 295 St Mary's Players Ashlord St Mary 835 835 OrBan Fund Ashford Sl Mary 8,285 5.740 338 360 14,047 IBnite Ashford St Mary Kin85north Kinqsnorth fjt thart 4.894 150 2,630 1.414 Meet Heat & Eat 1.476 1,476 Muslc Co-ordinator Fund F3bri£ & Project Furbos 7.361 17.318 7,733 16.946 Other Funds Gt Chart 5.282 8.713 12,313 1,682 Fabrsc Fund$18uildingl St Frand5 6.492 3.049 3,441 Make Lunch project St Francis 1,613 7,749 3,953 5,409 Children's Mission St Francls 102 347 277 172 Captial Project Funds Wslle5borou8h $0,818 30,618 31.409 50,027 Capital Project Fund5 SÈvin8ton 21.48S 5.056 18,869 Youth Work pcc 857 857 Acts 435 pcc 830 150 Yotsl Re5tricled Project Funds 135.916 77,288 71.818 141,795 TOTAL RESTRICTED FUNDS 466A28 126358 149.919 443,267 20 The Parochial Church Council of A5hford Town Notes to the Financial Staternents for the period ended 31 Deomber 2022 Note 10 MOVEMENTON ÉNDOWMENT FUNDS Local Chutth Balar￿* Incorne& Expenses & Transfer Balance blfwd unreali5Ed uains unreali5ed Clfwd Funds Annie M3wck Deposit Alc Annie Marwick Investmethts TOTAL ENDOWMENT FUNDS Shadoxhurst Shadoxhurst 379 15,925 16.304 379 14.051 14.430 420 420 11.8741 1.874 14201 420 BalarKe blfwd BalJnet t1￿¥d Income 11 Movemen¢ on Furbd5 h•kl as Custodi41 Trustee Expensts SouthAfw Trip Bell Ringers Fund Kinsgnorth Total Custodlal Funds z.lco 2.812 5.012 2.2WJ Z,79Z 4.992 12 ANALYSISOF NET ASSETS BMVÉEN FLSNDS A*stdd•d Endowmotht F￿￿> Total IOIZ Tot¥1 2021 Fixed Assets lThvestments Debrors epow¢5 Cash & 6ank 4.226 4,226 412,469 24,822 43,779 99.$11 167,9981 11.680 4.867 467.479 36.956 39,010 65.290 173,5791 398.418 8.422 43.4CKI IREFI #REFI 14A151 16.4C 379 #REFI #REFI 11.6551 56.512 Bartlaycard TOTAL ASSErs 443267 14N30 402 TRUSTEE REMUNERATION AND STAFF COSTS No Trustee wospoid on urnount in ex¢es$ 01£6Q. Mrs L Vorley v￿5 employedos ofvii time Par￿hAdMln￿1rtstor Mrs Vorley wos enrolled in the Church Luy Workers Pensyon Fundon Isi November2017 The Pcccontribures 5% of solory to the Penson Fundplu$ 0.5%fvr Insuronce cover Mrs Vurley euch ¢onrriburts 3% of solury to theirrespe¢tivefvnds FNe orgoni5t5 were poidhonoronalorregulor uttendunce ondofte orqgnistrettivedpoyment Oslocum Employee Beneflts None The Parochial Church Councll of Ashford Town Notes to the Finantial Staiements forthe period ended 31 Drfember2022 Note 14 PURPOSE FOR RESTRICTED AND ENDOWMÉNT FUNDS Trust Funds Pat Holley Legacy/Fabric Fun Christchurch Maintenance of the fabrit of the church and church halls Burgess / Pope- Fabric fund Kenninglon MaiThtenance of the fabric ol the Kennbngton church halls Chevalier Legacy- Ha115 Fund Kennington Maintenance of the fabric of the Kennington church halls School Fund Deposit alc Kenniwon Coys of direct tenefit to pupils of Kennington Junitsr Academy Myrtle Legacv Kin8snorth Maintenance of the fabric of the church Mercy Apps Fund Shadoxhurst Fabric and Churchyard rnaintenanee Joy Legacv Ashford Sl Mary Capital & snterest iestricted for the upkeep of the church earrnarked for restoration of tombs Butcher Legacy Ashford St Mary Maintènance of the fabric of the ehurch Jill Wright Legacy Ashford St Mary SO% of interest For the Sunday School and 50% re-invested Monuments Ashford St Mary Maintenance of the Smyth Tombs D W Knott- Organ I Choir Ashlord sr Mary Upkeep of organ £50 & Asst organist £50 balance to c*oir fund H E Pain- Fabric Fund Ashford Sl Mary Maintenance olthe fabric of the church R*$irlrted Prolecl Funds Choirl klandbells Fund Fabric/FriendslKneelefS Carneroon Project Communicatlons Fund St Mary's Players 18nite Ashford St Mary Purchase ol choir and music related costs A5hlord Sl Mary Maintenance of the fabric ol the church Ashlord St Mary Fvnds are ralsèd in support ol humanitarian projects Kshford St Mary 8a5td on a specific donation for the Improvement ol Communi￿tIOn Ashford St Mary A donation has been received to fund future drama produrtions A5hford St Mary Mission & Outreach project- Christchuch and St Francis former funds comblned Or8an fund Meet Heat & Eat Ashford St Mary Major refurbishment of the church organ Klmgsn￿th A Fund to offer8rants io people in the Kingsnorth area who art strb881ing to pay theirener8y bills Donatlons to support the post ol Music to-ordinaior to be appointed 2023 Major project io provide hispitaliiy and toilet facilities in the church Minor restricted reserves relating to Choir Fund and Bell fund Funding for the refurbushment of the Hall kitchen & other fabric matters Provisi¢)n of mea15 and other8oods for larnilies which qualify lor free school meals Muslc Co￿rdsnatOT Fund Fabric & Project Funds Other Funds Fabric Funds Make Lunch Funds Kln8SnOrth Gt Chart Gt Chart St Francis St Francts Children's Mission Capital project Capital Project Youth Work Acts 435 Annie M3fwiik Fund St Francis Willesborough SeVin￿on pcc pcc Shadoxhurst Little Squeakers- Parent & Toddler Group Funds belng raised for major repairs to the steeple roof Major refurbishment of the thureh building Ilncludes Lady Sharp Trust) Donationsto support youth work across the parish Donations to wpport specific need5 identilied via the Acts 436 network Fabric and Chuvchyard malntenance Funds held os Custodial Trustee South Alriea Trip Funds raised lor a youth projeti- aborted due to Coronavlru& Small balance Rev'd Dr Jeremy Worthen- PCC Chair Funds transferred to PCC bank accouni on resigThation of Tower Captain. Bell Ringers Fund