Annual Report and Financial
Statements
For the year ended 31" December 2024
The Parochial Church Council of
Ashford Town
A Charity registered with The Charity Commission no 1171191

ASHFORD TOWN PARISH
comprised of the Parish Churches of
St Mary the Virgin, Ashford
St Mary's, Kennington
St Mary the Virgin, Willesborough
St Mary's, Gt Chart
St Michael & all Angels, Kingsnorth
Christchurch, South Ashford
the Chapels of Ease of
St Mary's Sevington
St Peter & St Paul, Shadoxhurst
St Francis, South Ashford
And the Worshipping Communities of
Singleton Community Church
and Ignite
Website
www.ashfordtownparish.co.uk

ASHFORD TOWN MINISTRY TEAM
Team Rector
Rewd Dr Jeremy Worthen
7 Augustine Drive. Willesborough TN25 7GH
Team Vicars
Re¢d Jo Purle
The Vicarage, 212 Faversham Road, Kennington, Ashford TN24 9AF
Re¢d Adam Childs
The Rectory, Church Hill, Kingsnorth, Ashford TN23 3EG
Rev'd Teena Twelves
The College, Churchyard, Ashford TN23 IQG
Associate Priests
Revd Dawn Stamper (Until March 2024)
Re¢d Cathie Aldis-saunders: Rev'd Charlotte Coles
Assistant Curate
Rev'd Dr Steven Horne (from July 2024)
Lay Staff
Mrs Sophie Carnaby-Denyer- Mission Enabler (Until October 2024)
Hon Treasurer: Canon Shirley Leslie
76 Tritton Fields. Kennington Ashford TN24 9HL
Hon Secretary: Mrs Sally Lees
Bucksford Lodge, Chart Road, Gt Chart, Ashford TN23 3AE
Independent Examiner: Mr S Whorlow FCA
Cassidys Chartered Accountants
South Stour Off ices, South Stour Road, Mersham. TN25 7HS
Bankers
Barclays Bank plc, 66 High Street, Ashford TN24 8TL
The Parochial Church Council of the Ecclesiastical Parish of Ashford Town in the Diocese of Canterbury
A Charity Registered with the Chairty Commission no. 1171191

Contents
Annual Report
Page I
Independent Examiner's Report
Page 12
Statement of Financial Activities
Page 13
Balance Sheet
Page 14
Cash Flow Statement
Page 15
Notes to the Accounts
Page 16
Pension Fund Disclosure
Page 24

Annual Trustees Report 2024
Aim & Purpose
The Parochial Church Council {PCC), has the responsibility of co-operating with the incumbent in
promoting, in the ecclesiastical parish, the whose mission of the Church, pastoral, evangelistic, social
and ecumenical. When planning activities for the year, the PCC gave consideration to the Charity
Commission's guidance on public benefit and in particular, the specific guidance on charities for the
advancement of religion.
Objectives & Activlties
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 to be a family of churches 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 variety of discipleship activities and worship services that enable people of different
ages and stages of faith to live lives centred on Jesus
2. Initiatives that are serving the community by having a transformative impact on people's
lives in the most deprived areas of Ashford
3. An evolving range of 'bridge' activities that build relationships with people who are not
currently part of a church community, including those living on newer estates, and provide
opportunities for sharing our faith
Five parish priorities were agreed by the PCC for 2022-27 to support the achievement of this vision:
l. Children, Young People and Families.. every church community is investing in this area of
ministry, including work with schools
2. Serving the Community: range of different initiatives in terms of location and focus that are
having a transformative impact on people'5 lives
3. Adult Education and Discipleship.. all adult congregation members are able to access a range
of opportunities to support them in discipleship, including prayer, beyond Sunday services,
and most are making some use of this
4. Oversight and Governance." positive sense of connectedness as family of churches reflected in
strong team relationships and sustainable levels of financial support
5. Buildings.. on track for Carbon Net Zero in line with national and diocesan policy.
As it seeks to achieve its priorities and fulfil its vision, the parish is committed to sustaining certain
areas of activity as central to 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 activities to show God's love in practical action that responds to human
need
Ensures it5 buildings are maintained and where appropriate developed for use by the wider
community as well as church congregations.

Achievements & Performance
Priorities
l. Children Youn
Peo
le and Families: eve
includin
work with schools
Achievements included: Christmas Explored, previously offered by Kingsnorth and Shadoxhurst
church community only, now hosted by three additional church communities across the parish, with
over 2000 students from Primary Schools and nurseries taking part; Brick Church launched by
Kennington CofE Academy.
church communi
is investin
in this area of minist
2. Servin
the Communit
e of different initiatives in terms of location and focus that are havin
a transformative im
act on
eo
le's lives
Achievements included: Ignite church launched with new LLT on 20th June 2024 with a mayoral visit,
process initiated of seeking funding for second Ignite church, with focus on families, on Bockhanger
estate. continuing strong levels of participation in Make Lunch at St Francis, with 400 meals served
over the summer and 167 at Christmas, with Christmas Story Workbooks distributed to every child at
Christmas and a Real Easter egg with accompanying story at Easter.
ran
3. Adult Education and Disci
leshi
all adult con
re
ation members are able to access a ran
eof
ortunities to su
ort them in disci
leshi
includin
ra
ond Sunda
services and most
are makin
some use of this
Achievements included: 'God's Gifts, widely used as Lent course across the parish; two sets of
confirmation preparation sessions held; initial steps taken towards greater support for Authorised
Lay Ministry across the parish; well-supported parish mini-conference on 'Sharing our Stories,.
4. Oversi
ht and Governance:
ositive sense of connectedness as famil of churches reflected in
stron
team relationshi
s and sustainable levels of financial su
ort
Achievements included: introduction of new system for LLTS to be involved in setting and monitoring
their budgets,, new 'ministry clusters, introduced from November, drawing church communities into
local partnership with others under leadership of one of the permanent stipendiary clergy; new
format for APCM aimed at widening range of voices that are heard; continuing work on strategic
governance including review of off ice staffing , with regular review of policies and procedures
including monitoring of the scheme of delegation, and of PCC responsibilities to those who work in
the parish, paid and unpaid.
5. Buildin
s: on track for Carbon Net Zero in line with national and diocesan
olic
Achievements included: replacement of oil-fired heating with electric heaters drawing on solar panel
energy at St Mary's Kennington; initial survey of current heating systems in relation to Carbon Net
Zero target.
On-going activity
All church communities continue to engage with Mission Action Planning.
The project to improve access to St Mary's Great Chart by laying a new path, re-laying the porch
floor and installing new doors was completed just before Christmas, after many years of discussion
and planning.
Indicators of attendance continued the trajectory we have seen of modest but significant growth
year on year since 2021, with Average Weekly Attendance rising from 400 in 2023 to 420 and Usual
Sunday Attendance from 335 in 2023 to 353, though the total here combines a very slight fall in

adults compared to 2022 with continuing strong growth in under 165, from 41 in 2022 to 51 in 2023
and 68 in 2024. Numbers of baptisms, funerals and weddings fell compared to 2023, with the
sharpest fall in the number of weddings, from 18 in 2023 to 12.
In March, the Rerfd Dawn Stamper left for a new post in a neighbouring parish. At Petertide, Steven
Horne was ordained deacon to be licensed as stipendiary Assistant Curate for the parish and has
been working across the Willesborough, Sevington and Christ Church cluster, preaching at Christ
Church once a month to give him a greater breadth of experience, and to build upon the'high
church, tradition which he has already experienced as far as possible within our parish. With his
arrival, the team of licensed clergy numbered seven again.
Financial Review
Overview: We continue to work towards sustainability with a seven year plan approved by
the PCC which provides for a gradually reducing shortfall of Parish Share with the ultimate
goal of making full payment by 2030. In 2024 we have achieved much of that plan: 74.5% of
the requested Parish Share was paid, representing an increase of 9.5% over the previous
year's actual Share payment, but disappointingly, 0.5Yo less than the percentage aspiration.
Nevertheless, this is no small achievement in times when pressures on household incomes
continue to be challenging.
For 2024 a revised approach to budgeting was introduced based on the concept of an equal
proportion of available income being donated by each LLT to the Common Fund. For the
purposes of this exercise, available income was deemed to exclude grant funding for specific
purposes within the local area and, as the majority of the work involved in generating the
income from Fees and Lettings was carried out in the parish office the income and
expenditure of these two activities was moved to the Common Fund. Each LLT agreed its
budget by the end of January 24 and monitored progress against budget on a monthly basis
through the year.
The overall result was a very small surplus in the General Fund of around £8,800 and a deficit
of around £11,200 in the Restricted Funds- this in a year when significant major works
amounting to £165,000 and buildings maintenance projects of £143,000 have been
undertaken. The final surplus and deficit include the transfer from Restricted to Unrestricted
status of Sgnite Funds. Revaluation gains amounted to £9,000 on our Investment Fund
holdings and a very small gain in the Property Fund ending a run of several years of
revaluation losses.
b. Incoming Resources
Planned Giving has remained largely static this year: the number of regular givers has fallen
slightly from 118 to 108: this has been partly balanced by those who subscribe to the
principal of tithing and have been able to increase their giving as they do each year. There
has, however, been an upsurge in service collections which have doubled in value from
largely the same number of services and a very small increase in average attendance. This
would indicate that the pressures on household incomes were such that people were more
comfortable contributing through the open plate as and when they felt able rather than
committing to regular giving. We no longer use the weekly envelope scheme, having phased
this out over a number of years, as we are able to claim Gift Aid under the Small Donation

Scheme on open plate collections. Those who are able to Gift Aid as individuals tend to
contribute through one of the various methods of regular giving.
Income from lettings is up by almost £8000 this year compared to last despite the loss of
some regular hires.. significant repairs were undertaken particularly at St Marls Community
Centre (Kennington) resulting in a net income reduction of over £14,000. Our halls continued
to be widely used by uniformed organisations but despite the fact that we offer them
discounted rates many are struggling to generate suff icient income.
Fee income remained buoyant although marginally lower than the previous year. We
condutted 74 funerals compared with 109 in 2023. There was an increase in the number of
weddings from 21 to 26 and we already have 21 booked for 2025.
Fundraising was also marginally higher than in 2024 despite challenging times: the summer
fayres were blessed with good weather which is a vital component of successful outdoor
events. These major events demand much time and effort in planning, preparation and - not
least- in generosity from our congregations in donating goods and time on the event days
and we are especially grateful to the small teams in each of our churches who tirelessly work
to ensure the success of ourfund raising efforts.
The cafe activity at Willesborough (weekday mornings) and at St Mary's in the town centre
{Tuesday and Saturday mornings) continues to be successful resulting in net income of
around £11,000: Sunday and Wednesday coffee at Kennington added a further £IOOO. Link
Lunches which more or less broke even in 2023 produced a net income of £2000 (excluding
the cost of a commercial dishwasher at Kennington which was largely covered by donation)
across the three activity centres of Kennington, Willesborough and Kingsnorth. Again we 3re
grateful to the three small teams who manage this activity which is essentially outreach to
the respective communities rather than income generation. Kennington's activity increased
from bi-monthly to monthly during the year and, thanks to a very generous parishioner
donation, upgraded their dishwasher to a high-speed commercial machine.
Expenditure
Unrestricted expenditure increased by a little over 9Yo in the year, the main increases being in
Parish Share (£18,600), Mission and Outreach (£8,500) and Hall running costs (£5,400). The
requested Parish Share increased by only 4% but as already mentioned, we have a planned
route to financial sustainability, ensuring that the amount of shortfall is gradually reduced
year on year. Historic arrears amount to £247,332 to which we must now add the 2024
shortfall of £75,000 bringing the total outstanding to £322,332. Note 8b on page 20 explains
the rationale governing the fact that this debt is notional and not stated in the liabilities of
the parish.
Spending on Mission and Outreach has doubled as our Mission Action plan gains impetus and
Hall running costs have increased largely due to essential maintenance which has been
carried out at Kennington and Christchurch although the latter has been sourced from a
Restricted fund. At Kennington, extensive work was carried out to renew the seals of the
Velux roof lights and phased work to renew the chair seat coverings is in progress. 40 of the
60 chairs have been reupholstered, replacing the foam padding with better quality and
recovering the seats in vinyl which will hopefully prove to be more hard-wearing and easier
to clean than the former fabric covers. Hall energy costs have increased despite the cost

st
savings reported last year effective from l October 2023. this is partly due to electricity
costs for a full year being reflected in the 2024 accounts whereas in the previous year for
much of the year the electric meter was not registering any usage. In addition, the energy
costs at Willesborough are for the first time apportioned to reflect the letting activity which
has grown significantly over the last 2 years.
During the year Mrs J Stamp (assistant administrator) opted to join the Church Workers
Pension Fund and elected to backdate this to the start of her employment in November 2021.
The PCC agreed to fund the backdated contributions of both employer and employee
totalling a little over £2,000. Mrs Stamp resigned from employment by the parish on 31
August 2024
St
d. Restricted Funds
Restricted income is showing a 152% increase over 2023 as the Gt Chart path project came to
fruition and a major fundraising campaign encouraged donations which totalled £123,500 and
grant funding of £18,000. Insurance claims covering the work of decontamination following
the kerosene leak in December 2023 at Kennington have totalled £60,500 and VAT recovered
through the Listed Places of Worship scheme have amounted to more than£12,000. Grant
support from Ashford Parochial Charities amounting to almost £43,000 reflects the amount of
fabric maintenance that has been required this year. The Town Centre Organ fund continues
to grow steadily but some essential maintenance has been necessary so the end of year total
remains a little below year's.
Expenditure through Restricted funds has been extensive. The Gt Chart path project has cost
£76,000 thus far with project fees of £9,000.. the work is ongoing but nearing completion. At
Kennington the Kerosene leak decontamination costs have amounted to £72,600 and the
work is ongoing, although nearing completion: the final phase of groundwork revealed an
hitherto un-noticed problem with waste water drainage which cost £6,000 for a replacement
pump. A new screen and projector were installed at a total cost of £21,088 of which £17,700
was released from the Restricted School fund. At Christchurch a total of £9,500 was spent on
boiler upgrade, heating work and car park resurfacing. As part of the Quinquennial repair
programme £4,500 was spent at Willesborough on fabric maintenance and the Fund which
was launched in 2022 to support the people of Ukraine was completed in the year with the
handing over of £2,000 to be used to support the medical teams working with front line
troops.
Custodial Funds
Custodial Funds held on 31st December 2024:
Kingsnorth Bellringers, Fund
£2792.11
Kingsnorth Africa Trip postponed from 2020 £2200.00
Full details of the financial movement on each Restricted Fund can be found at Note 9 on Page
21 and the purpose of each Fund is detailed at Note 14 on Page 23 of this Report.
In conclusion
2025 may well turn out to be even more challenging than 2024, but we look forward with hope and
will continue to strive for sustainability. Without doubt, this will involve tough decisions on spending:

we already know that the Parish Share increase is 6% where our original forecast was based on 4°A
and this will adversely impact the 7-year plan. We need to be imaginative in finding new income
streams or ways to increase the sources we already have: increasing income where the main source
is voluntary is never easy. There are no membership fees, the church is free to all and all are
welcome. Generosity is at the very heart of our existence and the core of our financial success or
failure. May our mantra be "Give to God what is right not what's left"
The PC has approved a revision to the Reserves Policy
Total Funds at 31st December 2024
The PCC aims to maintain a balance on Free Reserves of not less than 12.50/0 of annual unrestricted
expenditure. For 2024 the requirement would be a minimum of £57,182: actual Free Reserves are as
shown in the following table:_
Funds
Free Reserves
Restricted Reserves
Endowment Reserves:
Amount
£73,107
£482,908
£15,752
Held in;
Cash and bank, bank dep051t, debtors and liabilities
Deposits, Investments, debtors and liabilities
Investments held by the Diocese as Custodial Trustee
Future Plans
As noted above in section 2, we have a vision statement to shape our life as a parish up to 2027, and
five priorities to 5UPPOrt that. In 2024, the parish agreed to seek alignment between its priorities and
the 2030 Outcomes in the new version of the Deanery Plan.
Each of our seven church communities identifies priorities and goals of its own within this framework
as part of the Mission Action Planning process. The decision was taken this year to move from a
January to December to a September to July cycle for this.
The PCC has set cross-parish goals for 2025 linked to the five priorities for 2022-27, as summarised
below.
Priorities
for
mi55ion, 2022-2027
parish-wide
Cross-parish goals for 2025 (i.e. additional and
complementary to those in LL T MAP documents)
l. Children, Young People and
Families..
every
church
community is investing in this
area of ministry, including
work with schools
(i) Following a review of Christmas Explored, create
opportunities for local churches to participate in leading
Experience Easter/Christmas Explored provision across the
parish
{ii) Establish 'Early Intervention, (mentoring) programme
with local schools and TLG.
(iii) Make case for one or more Children, Youth and
Families ministers serving the parish alongside SCC Youth
Minister, with agreed funding model.

Priorities
for
mission, 2022-2027
parish-wide
Cross-parish goals for 2025 {i.e. additional and
complementary to those in LL T MAP documents)
(i) Develop SMATC as hub for multi-agency working.
2. Serving the
Community."
range of different initiatives
in terms of location and focus
that
having
transformative impact on
people's lives
are
(ii) Plant'lgnite families, in the parish with externally paid
Ignite Enabler.
(iii) Ensure sustainability of St Francis Hub
3. Adult
Education
and
Discipleship..
adult
congregation members are
able to access a range of
opportunities to
support
them
d iscipleship,
including prayer, beyond
Sunday services, and most
are making some use of this
(i) Coordinate planning for parish mini conference that
supports achievement of our parish vision.
(ii) All church communities engage with LYCIG programme
and PCC to consider how this might shape parish MAP,
format of meetings and APCM going forward.
4. Oversight and Governance..
positive
sense
connectedness as family of
churches reflected in strong
team
relationships
and
Sustainable levels of f inancial
support
(i) Welcome new resourcing church at CCSA as partner in
mission and ministry in our town, managing change well
for current congregation and establishing mutually
supportive relationship with new leadership.
lil) Respond well togethEr to expected proposals for new
'settlement' regarding same-5ex relations from the
bishops and General Synod, covering Prayers of Love and
Faithlstand-alone as well as in existing seniices), pastoral
guidance for clergy and laity, and provision for those in
serious disagreement with national and / or diocesan
approaches.
{iii) Review ministry cluster trial in light of experience
locally and diocesan tearn ministry review
decide on
whether further changes are needed to shape of team
responsibilities etc.
5. Buildings.. on track for Carbon
Net Zero in line with national
and diocesan policy
(i) Net Zero champion identified for each church
community and Parish-wide network established to lead
on progress.
{ii) Work plan established for actions needed to achieve
Net Carbon Zero target for 2030 with our church buildings
(including halls).

Risk Management
Principle Risk:
8.1.1 Insufficient or inadequate levels of regular giving to sustain payment of essential basic
running costs
8.1.2 Although now only a small element of our incoming funds and widely spread across a team of
volunteers, cash security always poses some risk albeit minor.
Damage Limitation:
Strict control continues to be exercised over expenditure.
At parish level almost the only sanction available to 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 but the effects of the pandemic decimated free reserves. This decision to limit payment
of Share was taken with much regret and as a last resort. A 7-year plan is anow in pace to
achieve sustainability.
The PGS scheme offers the opportunity to increase giving annually. Generosity Sunday is now
common practice at least once a year in every local church community when generous giving not
only of money but also of time and talents is preached and encouraged.
Contactless devices are now in place at Kingsnorth, Kennington and St Marvs Town Centre with
further devices planned for Willesborough and Singelton in the first quarter of 2025.
8.3 Future Management
Going forward, Risk Assessments for all our buildings will need to be regularly reviewed and
updated. As part of the Mission Action Plan, numerical growth in membership and new income
streams will be investigated and we will continue to try to convert cash giving to electronic or other
forms which can be easily sustained through any future crisis. Good stewardship and the promotion
of generosity will be at the forefront of our financial planning,
We will continue to explore and develop facilities for digital giving at public services, especially at
weddings and funerals. These methods are much dependent on good internet 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 invited all church members to register with PGS and will continue to foster generosity -
generosity towards creation, towards other people, being generous with our time and our skills as
well as Wlth our money. We have registered with HMRC for the purpose of processing GASDS claims
and Gift Aid claims where donors have not transferred to PGS.
Information in Diagrammatic Form
The following charts show in diagrammatic form the basic elements of Income and Expenditure with
some further analysis of church running costs and finally, a chart which depicts a comparison of the
changes in income and expenditure levels over the five years 2020 to 2024.

UNRESTRICTED INCOME 2024
£46.794.
£133.547.
£212,208,
£65,506.
Planned Giving
Collections & Donations
Church Activitles
Grants and Other income
UNRESTRICTED EXPENDITURE 2024
Cost of trading & fund
raisin& £52,277
Church Running Costs.
£113.047
Parish Share. £219,037
Ministry & Mission.
£73.023

ANALYSIS OF CHURCH RUNNING COSTS 2024
Everything else.
£29,710
Insuranc
Maintenance,
£22,905
Energy & water,
£37,333
5-Year Unrestricted Income & Expenditure
Comparison
£600,000
£500,000
£400,000
£300,000
£200,000
£ioo,000
£0
2020
2021
2022
2023
2024
Income Expenditure
io

10
structure, Governance and Management
The PCC is a body corporate under the Parochial Church Council Powers Measure and operates in accordance
with the Church Representation Rules 2011. It is a Charity registered with the Charity Commission number
1171191.
The appointment of PCC members is govemed by and set out in the Church Representation rules. PCC
members are ex officio, cO￿pted, 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 chui'chwardens was increased from 2
to 7 being one form each local church. Lay members of both the Deanery and Di0￿san Synods are ex officio
members of Ihe PCC.
Membership
Team Rector and Chair of PCC.. Rev'd Dr Jeremy Worthen
Clergy.. Rev'd Adam Childs, Rev'd Jo Purle., Rev'd Teena Twelves,
Associate Priests: Rev'd Dawn Stsmper (until March 2024), Rev'd Cathie Aldis-saunders; Rev'd Charlotte
Coles.
Deputy Chair of PCC & PCC Secretary.. Mrs Sally Lees
Lay Staff: Mrs Sophie Carnaby-Denyer (until October 2024)
Church Wardens: Mr Jerry Fox (until April 2024)., Mrs Jenny Flaherty; Mr Julian Sheehan; Miss Caroline
Hannah.. Mrs Claire Mullard (from April 2024).
PCC Elected Members:
To serve until April 2025.. Mrs Libby Varley; Mrs Lorraine Andrews
To serve until April 2027.. Miss Amanda Hodgkinson; Mrs Christine Duchemin,. Mrs Kathryn Salmon
Elected Deanery Synod Representatives (Ex Officio members of the PCC) Until 2026 APCM
Mrs Jane Appleton; Mrs Sally Lees.. Mr Jacob Pradeep
Elected Diocesan Synod Members (Ex Officio members of the PCC) Until 31st July 2027
Mrs Shirley Leslie: Mrs Jill Humphreys.. Mr Jacob Pradeep
Mrs Shirley Leslie continued to serve as Hon Treasurer, assisted by Mr J Small (Gift Aid Claims) Mr R & Mrs T
Fincher, (Local Gift Aid adminislrators), Miss J Wenborn (Local Gift Aid and banking administrator) and Mr J
Donovan, Mrs H West, Mrs A Sorrell, Mr C Grove and Mrs K Small (Local Banking administrators).
Mrs Lis Webb continued to serve as Safeguarding Offi￿r.
Mrs Libby Varley continued to serve as Electoral Roll Officer.
The PCC met seven times during 2024..
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 mission, ministry and fabric.
Approved by the PCC on 22nd March 2025 and signed by
Rev'd Dr Jeremy Worthen - Team Rector
li

Independent Examinerfs Report to the Trustees of Ashford Town Parochial Church Council
I report on the accounts for the year ended 31" December 2024, which are set out on pages 13
to 23.
Respective responsibilities of the PCC and the examiner
The Charity's trustees consider that an audit is not required for this year under Section 144{2) of
the Charities Act 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 Directions given by the Charity
Commissioners in Section 145(5)(b) of the Act. and
state whether particular matters have come to my attention
Basis of Independent Examinerfs Statement
My examination was carried out in accordance with the General Directions given 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
concerning 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 Examlner's Statement
In connection with my examination, no matters have come 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
To which, in my opinion, attention should be drawn in order to reach a proper understanding
of the accounts to be reached.
Stuart Whorlow FCA
Cassidys Chartered Accountants,
Date
2G
2025
12

The Parochial Church Council of Ashford Town
Statement of Financlal Activities
for the year ended 31 December 2024
Unrestricted
Funds
Restricted Endowment TOTAL FUNDS
Funds
Funds
TOTAL FUNDS
2024
2023
Note
INCOMING RESOURCES
Voluntary Income
2a
277,715
149,253
426,968
307,396
Activities for Generating Funds
2b
23.267
5,927
29,194
30,940
Investment Income
2c
5,148
10.939
873
16.960
14,006
Church Activitie5
2d
110.021
110.021
99,501
Other Incoming Resources
TOTAL INCOMING RESOURCES
2e
41,978
149,428
191,406
126.726
458.129
315,547
873
774,549
578,569
RESOURCES EXPENDED
Church Attivitles
3a
454,138
328.337
582
783,057
546.051
Raising Funds
3b
3,320
3,320
4,491
TOTAL RESOURCES EXPENDED
457.458
328.337
582
786.377
550,542
NET INCOMINGIIOUTGOINGI RESOURCES
BEFORE TRANSFERS BElli4lEEN FUNDS
671
112,7901
291
111,8281
28,027
Transfers between Funds
8.162
17,S261
16361
NET INCOMINGIIOUTGOING) RESOURCES
BEFORE RECOGNISED GAINS AND LOSSES
8,833
120.3161
13451
111.828)
28,027
Galns1llossesl on Investment assets..
Realised 4b
Unrealised 4b
9,098
338
9,436
31,916
NET MOVEMENT IN FUND
8.833
111,2181
12,3851
59,943
Balance blforward @ 1st January 2024
64.273
494,127
15.752
574,152
514,209
Closing Balance @ 31 December 2024
73.106
482.909
15,752
571,767
574.152
13

The Parochial Church Council of Ashford Town
Balance Sheet
as at 31 December 2024
2024
2023
Note
FIXED ASSETS
PV Panels
40
2.929
3.564
Investments
4b
453,227
444.384
456,156
447,948
CURRENT ASSETS
Debtors & Prepayments
30.509
34.485
Deposits
114,058
54,941
Cash at bank and in hand
65.660
92,598
TOTALCURRENT ASSETS
210.227
182,024
Creditors - amounts falling due in one year
189,6241
150,8281
NET CURRENT ASSETS
120,603
131,196
Creditor5. amounts falllng due In more than
one year
80
14.9921
{4,9921
14.9921
14,9921
TOTAL NET AssErs
571.767
574,152
PARISH FUND5
Unrestricted
73,106
64,273
Restricted
482,909
494,127
Endowment
io
15,752
15,752
571.767
574,152
The financial statements were approved and authorised for issue by the Parochial Church Council on
23rd March 2024 and signed on its behalf by :"
Rev'd Dr leremyWorthen- PCC Chair
Canon Shirley Leslie- Hon Treasurer
14

The Parochial Church Council of Ashford Town
Cash Flow Statement
as at 31 December 2024
2024
2023
Net cash from operating activities
13,983
110.4211
Cash f lows from investing activities
FIT Payments received
Dividends & Interest
Proceeds from sale of:
Tangible Fixed Assets
Tangible Fixed Investments
Purchase of:
Tangible Fixed Assets for the use of the PCC
Fixed Investments
635
16,960
662
14,006
600
Net cash provided by I (used inl investing activities
18,195
14,668
Change in cash and cash equivalents in the
reporting period
Cash and Cash equivalents at l January
32,178
4,246
147,538
143.292
Cash and Cash equivalents at 31 December
179.716
147,538
Analysis of cash and cash equivalents:
Cash at bank and in hand
Short-Term Deposits
65,660
114,058
92,598
54,941
Cash and Cash equivalents at 31 December
179,718
147,539
Reconciliation of net cashfrom operating octivities..
Ivet Income before investment goins 31 December
Adju5tmentsfor.'
Dividend5 & Interest
Decrease / (increase) in Debtors
(Decrease) /lncreose in Creditors
Net cash provided by/ (used inj operating activities
(11,828)
28,027
(16,960J
3.976
38,796
13.983
(14,006)
(9, 663)
(14,779)
{10,421J
15

The Parochial Church Council of Ashford Town
Notes to the Financial Statements
31 December 2024
Note 1 Accounting Poli¢ies-
The PCC is a public benefit enlrty within the Meaning of FRS 102. The financial ststements have been prepar￿ under the Charittes Act 2011 and in
accordance with the Church Accounb"ng Regulations 2006 governir@ the indNidual actt)unts ol PCCS. and with the Regulab"ons true and fair view.
provisions. The financial statements have been prepared in accoréance with the Charities SORP IFRS102}'Atcounting and Reporting by Charities..
Slalemenl ol Reeommenéed Praetice awicable lo charib'es prepar¥YJ th￿r accounts in aC0)rdan￿ with the Financial Repoiting Standard applicable in the
UK ano Republic ol Ireland IFRS 102} leffecbve 1 January 20191, and FI￿nCial Reportsng Standard 102 The Finanaai Report'ro Standard applicable in
Ihe UK and Republic of Ireland,.
Parish Shafe is a voluntary conlrubulion to the DI￿Se lo covercentral costs of Mission aThJ Ministy.11 is the pdicyol Ihss Parish to recognise their
responsibility for this contribution and to pay in fvn Within the year to which il relates. However. where extemal factors beyond the control ol the PCC
prevent this, the maximum possible payTrenl vnll be made and any shor11all by way ofnote to ts acr￿unts.
Assets
Con$•cratod and b•n•fi¢• proporty
Insolar as consecrated and ben8fic8 prop8rty ol any knnd is exdLYbJ frcffi the statulw d8finrfK)n ol thariv by Section 1012llal and Icl ofthe Chaitbes kl
2011, such assets ar8 not capitalksed in the ffinanual ststernents.
Moveable church lurnlshing$
These are capilali5ed al cost and depreciated over their usefiJl lrfe olher than where insuffiaenl cost informab'on is availatAe orwhere the ￿$1$ have been
fijlly rnel from speciflc grants or donati¢)ns. In ail cases, items are induded in the relevant Church's invenlories.
Tanglble Flxed Assets for use by chadty
These are capitalised il they ¢an be v$ed for rnore than on6 year eosl al ￿851 £1,01]O un￿sS the costs have been fulty mel from specffic gran15 or
donats'ons. They are valued al cost and depreaalion is calculated lo write off Iheir ￿1rrenty anb"c4patsd ￿ls1 over thew esbmaled useful lire as follows,. Land-
Nil.. Fixtures & Fith'ngs- 20 years.. Computers. 3 years.. Other electr¢)nic equipment - 5 years.
No depreciab'on is provided on buildings as Ihè currendy eslirnaleé festhal value oltre prO￿rb.es kl not less than their carrwNJ value and the remaining
usefijl life ol thes8 assets exceeds 50 years, so the depTeck4b"rm would be immaterial.
Invgslments
Investments are valued 81 their markelvalue al 31 Deeember. Gains and losses on Ihe revaluation and disposals of investments are induded in the
Statement of FinarKial AGts'vits'es.
Short Tèrni Deposlts
These are the cash held on dewsit eitherwth CCLA Church of En9land Dep)wl Fund or al Ihe bank.
Funds
Unrestricted Funds
These represent the remaining incorne funds ol the PCC thal are available Ix spending on the general puwes ol the PCC, induéing amounts
designated by the PCC lor fixed assets for its i)wn use or lof sp￿￿ing on a fuknre project and whith are therefo￿ i￿1￿Jed in its Yree reserves,. The
PCC aims lo maintsin a balanco on free reservos amounting to al least 12.5% of unreskn.cted payments.
Restricted Funds
These are income funds that musl be spenlon restricted purposes and delails ol Ihe funds he￿ and Testn"th"ons provided a￿ shown in notes to the
a¢counts al no1&8 9 and 14.11 is our policy lo invest Ihe sfv)rt lenn inveslmenl frjnds wilh ￿ CCLA Church of England Deposit Fund and Ihe remainder in
the CCLA Church ol England Investment Fund
Endowment Funds
These are reslricted funds Ih81 musl be retained as trust Ca￿ts7 either penrw￿ntyty subject lo a diwelionary power lo spend the capital as income, and
where the use ol any income or other benefft denved from Ihg ￿￿181 is re51ricted. Full details of Ihe funds helj and their restrictions are shown in note5 10
and 14, The ftjnds are administered by Canterbury DKwan Board of Finan￿ as CustcNJial Trustee and invested in the CCLA Church of England
Invesbnent Fund.
16

The Parochial Church Council of Ashford Town
Notes to the Financial Statements for the period ended
31 December 2024
Unrestricted Restricted Endowment
Funds
Funds
Funds
TOTAL
FUNDS
2024
TOTAL
FUNDS
2023
2 INCOMING RESOURCES
2a Voluntary Income
Planned Giving .' Gift Aid
Tax recoverable
152,764
152.764
153.376
39.566
39.566
41,066
Other Planned Giving
Collections: Open Plate
Tax recoverable
19,879
19,879
18,081
35,182
35.182
27.221
10,494
10.494
8,049
Donations
18,339
147.615
165,954
54,930
Legacies
Special Appeals & Collections
1.638
1,638
2,400
1.491
1,491
2,273
277,715
149,253
426,968
307,396
2b Actlvltles for Generatlng Funds
Events
22.393
5.927
28,320
30,150
Magazine Adverts
874
874
790
23,267
5,927
29,194
30,940
2c Investment Incom•
Dividends & Interest
5,148
10,939
873
16,960
14.005
5,148
10,939
873
16,960
14,005
2d Church Actlvltles
Occasional Office fee5
20.651
20,651
20,481
Church Magazine Sales
583
583
886
Lettings
Community Café
Link Lunch
67.726
67,726
60,079
17,838
17,838
16,292
3.193
3,193
1,763
Other
30
110.021
110.021
99.501
2e Other Intomlng Rèsources
Grants
38.598
84.066
122.664
96.481
Heating Surcharge
Insurance Claims
17.176
64.390
64,390
9,497
HMRC Allowance
1.872
1,872
1,741
Other
1.508
972
2.480
1.835
41,978
149.428
191.406
126.728
Total Incoming Resources
458.129
315,547
873
774,549
578,570
17

The Parochial Church Council of Ashford Town
Notes to the Financial Statements for the period ended
31 December 2024
Unrestricted Restrlcted Endowmtnt
Funds
Funds
Funds
TOTAL
FUNDS
TOTAL
FUNDS
2024
2023
RESOURCES EXPENDED
3 3a
Church Actlvltles
Charltable Glvlng
Charities Supported from Special
collections
2.914
1.988
4,902
7,516
Total Charitable GiwnB
MIs51on & Mlnlstry
Mlsslon & Evan6ellsm
CAP l Fresh Stsrt
2.914
1,988
4,902
7,516
1,200
Ignite
Children & Young People
Mission & Outrea¢h
866
866
2,584
724
8,866
9.590
2,786
3,389
4,979
7,578
10,967
2.393
Total Mission & Evan8eli5m
Mlnlstry
Parish Share
16,444
21,423
8,963
219,037
219,037
2(M),384
Local Mlnlstry
Salaries & Honorarla
51,538
51,538
48.484
Clergy & Staff expenses
Parish Office Costs
10.463
10.463
8,914
3.129
3,129
3,445
Total Ministry Cost
Church Runnln8 Costs
Centralised Costs
284.167
284,167
261.227
27,095
20.097
2.002
29.097
23,096
Insurance
20,097
23,327
Mainlenance & Cleanin8
Energy & Water
Churchyard upkeep
Other Runnin6 Cost5
22.407
143.184
165.591
59,987
37.333
37.333
50,600
6,115
6,115
6.348
965
113,047
145,186
258.233
164,324
Cost of Trading
Hall Running Costs
Café RunniTh8 Costs
41,374
41.374
35,989
7.657
7,657
5.804
49.031
49.031
41,792
Major Capltal Expenditure
Capital projects
Hall Major projecis
Project Professional Fee5 & Other
Costs
152.293
152.293
58,059
2.010
2,010
10.416
582
10,998
4,170
164,719
$82
165.301
62,229
Total Church Activities
454.138
328.337
582
783.057
546.051
3b
Cost of Raislng Funds
Events
3.320
3,3ZO
4,491
Totzl Cost of Raising Funds
3.320
3.320
4,491
18

The Parochial Church Council of Ashford Town
Notes to the Financial Statements for the period ended
31 December 2024
Note
4a FIXLD LSSETS
2024
2023
13 x pane￿ purchased at a totsl costof
FIT payments to 31 Decernber2023
Net Book Value at 1st January 2024
Less FIT payments received in the pertod
NET BOOK VALUE at
31 Oecember 2024
8.329
4.765
3.564
635
8.329
4,103
4,226
662
Z.929
3,564
Shares hÈtd
Value
3111112023 3111212023
17.138
387.406
15.372
41,607
444.385
Unlls
Sold
Unlts
OU8ht
Reallsed I
Co
Share Prlce
3111212024
23.1227
Value at
Ufireallsed
Gain ILossl
8.867
345
4b LIVEM￿N[S
3V1212024
396,273
15,117
41.838
453,228
CCLA Investment Fund.. Restrlcted
CCLA Endewment Fund.. Annie Marwick
27
23.1227
CCL4 Propety Fund
TOTAL INVESTMENTS
33.962
1.2319
231
9,443
In July 2020, Oak Shakes were purthased from Tenterden Roofing Company ai a nei cost of £223￿> In readlness for the repairs to
Wi11e5borou8h Church Spire. The work hasyet lo becarried out and the Shakes are ttored at the premises ofTenieréen Roofing Company.
A vestinz agreernent provin8 owner$hip is held by ihe Church Warden responsible t￿ rn3tters relatin8 lo the local Wille5borough Church
community. For prudence, the PCC has not recognised the asset on ihe balance She￿ gfven the uncertain tlmin8 of rf(s use and ¢urrent
value. The purchèse was made from Willesborou8h Reslrictel Proied fufids.
DÉBTORS & PREPAYMENTS
Oebtols
2024
2023
Repaymeni Claims fjlft Ajd l GASDS.. November. Offefftber
Pl8htand Trust
LPWG Clèirns
5.293
5,150
4,886
1.585
8.084
13,177
32,882
Insurance Clalrns
Outstandin8 Hall Rents
Other Outstandin8 Invoi¢es
TOTAL DEBTORS
5,995
7,696
18,984
Prepayments
Accwed Income
10,693
452
516
CCiA INVESTMENT INCOMÉ NOVÉM8ER- OECEM8ER
284
OTHER OUTSTANDING INCOME
803
TOTAL PREPAYMENTS
11,525
1,603
TOTAL DEBTORS & PREPAYMEKrs
30,509
14,485
DEPOS￿5
2023
CCL4 Endowment Funds
379
379
CCLA Restricted lurnds
Barcliys
TOTAL OÉPOSITS
39,863
73.816
114.058
27,534
27,028
54,941
CASH AT BANK AND IN HAND
2024
2023
CASH
A5hford St Mary
Kennin8ton
Gt Chart
11031
743
57
King5north
Wi1lesborou8h Flower Account
Willesborough ￿nk LurKh A¢¢ount
Cash in Hand.. unbanked coSn
234
453
819
Willesberough Social Events
local Chur¢hÈs ClÈarin8 aceount.. Kin8snorth Lite Bite
18nite Cash Account
TOTAL CASH
Includes Café fl03t
490
736
17
59
2.238
157Z
BANK
8ARCiAYS
63,422
91,026
TOTAL CASH & BANK
65.660
92.598
19

The Parochial Church Council of Ashford Town
Notes to the Financial Statements for the period ended
31 December 2024
Note
2024
2023
8a
CREDITORS
Accruals general
Outstanding Involees
Accrued 100 Club Prizes
65.384
17,973
310
175
Accrued invoices
4,010
2.160
10,344
2,160
Independent Examination
6,480
12,679
Accruals HMRC I Penslon Fund
HMRC
308
183
Pension Fund
144
452
151
334
Accruals Designated {Deferred Income)
2020 - 2024 Wedding deposits
Cemetery upkeep (Kenningtonl
Deferred Income- Hall Hire Rents & Deposits
Deferred Income- Funerals in Jan 202S
7,075
5.120
160
4,Ot)O
7,615
2,048
2,173
Other deferred income
15,456
4.016
16,751
Barclaycard
932
2.171
Accruals Restrlrted
Deferred Lunch Club Grant IAshford St Maryl
Deferred Ball Lane Grant IKennin8ton}
500
sC￿j
420
420
920
920
Creditors falling due in one year
89,624
50,828
Custodlal Funds
Kennin8ton Fayre
Postponed Afrlca Trip
2,200
2,21JO
Bell Ringers Fund IKin8snorthl
2,792
2,792
4,992
4,992
TOTAL CREDITORS
94,616
55.820
8b
Unrecognised Creditor- Parlsh Share
Due to the ongoing effect on income streams of the fall in attendance resulting from the Coronavirus pandemic,
it has not been possible to achieve full payment 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,
74.5% was paid leaving £75,000 unpaid at 31st December 2024 plus £247,332 from the previous 4 years.
As this is a voluntary contribution, the debt is not accrued in the annual accounts.
Unrecognised Creditor- Diocesan Board of Finance
Due to historic cash accounting, two loans from Diocesan Board of Finance totalling £128,000 were not
recognised in 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 31st December 2024.
8¢
20

The Parochial Church Council of Ashford Town
Notes to the Financial Statements for the period ended
31 December 2024
Note
9 MOVEMENTON RESTRicfEDFUNDS
Local Church
Balance
Blfwd
Income & Expenses &
unrealised
unrealised
gains
losses
Transfer Balance Clfwd
Between
Funds
Trust Funds
Pat Holley LègacylFabrlc Fund Christchurch
8ur£ess / Pope- Fabric fund
khool Fund Deposit a/¢
Myrtle Legacy
115,946
5.881
9,570
112,257
Kennington
37,077
77.210
78.890
35.397
Kennington
16,924
758
17.682
King5north
90,125
53.977
37,488
Mercy Apps
'n8snorth
Ashlord St Mary
3.098
3,166
Joy Le8acv
17,669
974
18,643
Butcher Legacy
A5hford St Mary
15.243
45,940
45.104
16,079
lill Wright Lègacy
Ashford St Mary
7,980
8,420
Monument5
Ashford St Mary .
6,471
331
6,802
E Paln- Fabric Fund
Ashford St Mary
4,502
237
4.739
D W Knott. Organ / Cho51
Totsl Trust Funds
Ashford St Mary
7.363
233
7,596
322.398
133,413
20S.224
250.587
Restrlcted Prolert Funds
Imago Outreach Fund
Sln8léton
SS4
1,296
1,259
591
Youth & Famllles Worker
Singleton
47
2,501
Away Day
Singleton
1,140
1.140
Children & Young People
Sin8leion
Ashlord St Mary
1.5
634
866
Choir / Handbells Fund
2,333
71
2.404
Fabric Nave Altar I Choir 5ts115 Ashford St Mary
24.035
1,322
25.357
Cameroon Project
Ashford St Mary
1,773
1,773
Communications Project
Ashford 5t Mary
295
295
St Mary's Players
Ashlord St Mary
835
835
Or8an Fund
Ashford St Mary
18.683
3.097
3,878
17,902
Ashford St Mary
7,527
17,5271
Maintenance Fund
Kin85nOrth
232
232
Kingsnorth Community Fund
Kin8snorth
Kingsnorth
Gt Chart
1.176
427
499
1.104
Music Fund
5.060
120
180
Fabric & Project Funds
16.145
147.165
86.613
76.697
Other Funds
Gt Chart
1.682
830
2.512
Fabric Funds IBuildingl
St Franci5
226
3.125
3.351
Make Lunch projecl
St Francis
14.208
11.727
8.895
17.040
Chi5dren's Mission
St Francis
St Francis Hub
St Francis
15,0521
5.133
4.679
14,5981
59,092
Captial Project Funds
Willesborough
59,435
6.025
6,368
Capital Project Funds
Sevington
21.924
3.866
25.790
Youth Work
pcc
782
732
Acts 435 IWALK CHURCH
Total Restricted Projert Funds
pcc
5.820
5.870
Iso)
232,271
171.n9
195,444
127.375
17.5271
TOTAL RESTRIUED FUNDS
494.127
328,857
332.599
482.858
21

The Parochial Church Council of Ashford Town+AAI:H50
Notes to the Financial Statements for the period ended
31 December 2024
Note
10 MOVEMENT ON ENDOWMENT FUNDS
L(￿31 Churth
Baian¢e
blfwd
Income & Expenses &
nrealised
unre¥li5eil
Kalns
losses
TrarbSfeT
Between
Funds
Balance
Clhvd
Annie Marwlck Deposit Alc
Annie Marv4ick Investments
TOTAL ENDOWMENTFUNDS
Shadoxhurst
Shadoxhurst
379
IS.373
15.752
379
15.373
15,752
1,218
1,218
15821
1582
16361
1636
8alance
blfwd
Balance
clfwd
11 Movernent on Funds held as Curtodlal Trurtee
Income
South Africa Trip
Bell Ringers Fund Kin5Bnorth
Total Cusitsdial Fund5
2.2C4)
2.792
4,992
2.200
2,792
4,992
12
ANALYSIS OF NET ASSETS BETWEEN FUNDS
Unrestrkied
Funds
Res￿(trd
Endowment
Fufids
Total 2024 Total 2023
Fixed Assets
Investments
Oebtors
Deposits
Cash & 8ank
2,929
2,929
453,227
30,S09
114,058
65.660
193.6841
19321
571,767
3,564
444,384
34,485
54,941
92,S98
153,6491
12.1711
574,152
438.110
9,723
83.764
141
148,4341
13951
482,909
15,117
20.781
29.915
65.267
145,2501
15371
73,106
379
252
Barclaycèrd
TOTAL NET ASSETS
15,752
13
TRUSTEE REMUNERATION AND STAFF COSTS
No Trustee was puid an amount in exce￿ of £60,000
Mrs L Vurley was employed cs Gfull time Porish Administrotor
Mrs Vorley wos enrolled in ihe Church Loy Worker5 Pension Fundon 1st November 2017
Mrs J Stamp wos enrolled in the Church Workers Penslon Fund bockdt7ted to November 2021
The PCC contribuies 5% ofsolory to the Pension Fund plus 0.5%for Life Insuronce cover
Employees contribute 3% ofsolary to the Pension Fund
Mr5 Stamp left the Pension Fundon termination of her employment on 31st Augurt 2024
Five orgtinists were Pi71d honororff(rfor regulor uttendonce and two orgonists eoch receivedpoyment as locum
Employee Benefits
None
22

The Parochial Church Council of Ashford Town
Notes to the Financial Statements for the period ended
31 December 2024
Note
14 PURPOSE FOR RESTRICTED AND ENDOWMÉNT FUNDS
Trust Funds
Pat Holley LegacylFabric Fund Christchurch
Purchase of Minibus or Maintenance of the fabric of the church and hall
Burgess / Pope - Fabric fund
Kennington
Maintenance of the fabric of Kennington church and halls
School Fund Deposit alc
Kennington
Fund5 Utilised for upgarde to AV system.. now closed
Myrtle Legacv
Kin8snorth
Maintenance of the fabric and church life- part utilised in 2024 to upgrade A
Mercy Apps Fund
Shadoxhurst
Fabric and Churchyard maintenance
Joy Legacy
Ashford St Mary Capital & interest restritted for the upkeep of the church earmarked
for restoration of tombs
8utcher Legacy
Jill Wright Legacy
Monuments
Ashford St Mary Maintenance of the fabric of the church
Ashford St Mary 50% of interest for the Sunday School and 50% re-invested
Ashford St Mary Maintenance of the Smyth Tombs
Ashford St Mary Upkeep of or8an £50 & Asst organist £50 balance to choir fund
Ashford St Mary Maintenance of the fabric of the church
D W Knott- Organ /Cholr
H E Pain- Fabric Fund
Restricted Project Funds
Imago Outreach Fund
Youth & Families Worker
Singleton CC
Grant funding for tommunity outreach
Singleton CC
Long term projert to fund additioonal human resource
Singleton CC
Deposits and payments towards an event in 2026
Singleton CC
Income an¢J expenditure strictly relating to this community sector
Ashford St Mary Purchase of choir and music related costs
Ashford St Mary Maintenance of the fabric of the church
hford St Mary Funds are raised in support of humanitarian projects
A5hford St Mary Based on a specific donation for the improvement of communication
Ashford St Mary A donation has been received to fund future drama production5
Ashford St Mary Major refurbishment of the church organ
Kingsnorth
A Fund to offer grants to people in the Kingsnorth area who are
strugglinE to pay their energy bills
(Renamed) Fund to help towards cost of music provision
Mèjor projert to upgrade the main church path and other fabri¢ repairs
Minor restricted reserves relating to Choir Fund and Bell fund
Funding for the refurbushment of the Hall kitchen & other fabric matters
Provision of meals and other goods for families which qualify for
free school meals
Away Day
Chlldren & Young People
Choir l Handbells Fund
Fabric/Friends/Kneelers
Cameroon Project
Communications Fund
St Mary's Players
Organ fund
Community Fund
Music Fund
Fabric & Project Funds
Other Funds
Fabric Funds
Make Lunch Funds
Kingsnorth
Gt Chart
Gt Chart
St Francis
St Francis
Children's Mission
St Francis
Little Squeakers - Parent & Toddler Group (currently suspended)
Hub set up funds- awaiting grant
Funds being raised for major repairs to the fabric of the building
Major refurbishment of the church building Ilncludes Lady Sharp Trust)
Donations to support youth work atross the parish
Donations to support specific needs identified via the Arts 436 network
St Francis Hub
St Francis
Willesborough
Sevin8ton
pcc
pcc
Capital project
Capital Project
Youth Work
Acts 435
Endowment Funds
Annie Marwick Fund
Kingsnorth
Fabric and Churchyard maintenance
Funds held as Custodial Trustee
South Afrita Trip
Bell Ringers Fund
Funds raised for a youth project- aborted due to Coronavirus. Small balance
Funds transferred to PCC bank ateount on resignation of Tower Captain.
23

The Parochial Church Council of Ashford Town
Church Workers Pension Fund {CWPF)
FRS102 Disclosure - 31st December 2024
ASHFORD TOWN PCC participates in the Pension Builder Scheme section of CWPF for lay staff. CWPF is
administered by the Church of England Pensions Board. which holds the CWPF assets separately from those
of the Employer and other participating employers.
CWPF has two sections:
the Defined Benefits Scheme
the Pension Builder Scheme, which has two subsections:
a deferred annuity section known as Pension Builder Classic, and,
a cash balance section known as Pension Builder 2014.
Penslon Builder Scheme
Both sections of the Pension Builder Scheme are classed as defined benefit schemes.
Pension Builder Classic provides a pension, accumulated from contributions paid and converted into a
deferred annuity during employment based on terms set and reviewed by the Church of England Pensions
Board from time to time. Discretionary increases may also be added, depending on investment returns and
other factors.
Pension Builder2014 is a cash balance scheme that provides a lump sum which members use to provide
benefits at retirement. Pension contributions are recorded in an account for each member. Discretionary
bonuses may be added before retirement, depending on investment returns and other factors. The account,
plus any bonuses declared is payable, unreduced, from age 65.
There is no sub-division of assets between employers in each section of the Pension Builder Scheme.
The scheme is considered to be a multi-employer scheme as described in Section 28 of FRS 102. This is
because it is not possible to attribute the Pension Builder Scheme's assets and liabilities to specific
employers and means that contributions are accounted for as if the Scheme were a defined contribution
scheme. The pensions costs charged to the SOFA in the year are the contributions payable (2024: £4,375,
2023: £1,683).
A valuation of the Pension Builder Scheme is carried out once every three years. The most recent valuation
was carried out as at 31 December 2022.
For the Pension Builder Classic section, the valuation revealed a surplusof £34.8m on the ongoing
assumptions used. At the most recent annual review effective l January 2025. the Board chose to grant a
discretionary bonus of 6.7% to both pensions not yet in payment and pensions in payment in respect of
service prior to April 1997,. and a bonus on pensions in payment in respect of post April 2006 service so that
the pension increase was 2.7% (where usually it would be calculated based on inflation up to 2.5%). This
followed improvements in the funding position over 2024. There is no requirement for deficit payments at
the current time.
For the Pension Builder 2014 section, the 2022 valuation revealed a surplus of £8.5m on the ongoing
assumptions used. There is no requirement for deficit payments at the current time.
The next valuation is due as at 31 December 2025.
The legal structure of the scheme is such that if anotheremployer fails, ASHFORD TOWN PCC could become
responsible for paying a share of the failed employerfs pension liabilities.
24

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Independent Examinerfs Report to the Trustees of Ashford Town Parochial Church Council
I report on the accounts for the year ended 31 December 2024, which are set out on pages 13
to 23.
Respectlve responsibilities of the PCC and the examiner
The Charity's trustees consider that an audit is not Tequired for this year under Section 144{2} of
the Charities Act 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 Directions given by the Charity
Commissioners in Section 14515){b) of the Act," and
state whether particular matters have come to my attention
Basis of Independent Examinerfs Statement
My examination was carried out in accordance with the General Directions 8iven 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
concerning 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 Statement
In connection with my examination, no matters have come to my attention:
which give me reasonable cause to believe that in any material respect the requirement5
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 understanding
of the accounts to be reached.
Stuart Whorlow FCA
Cassidys Chartered Accountants,
Date
2025
12