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|CH|ttt d|||||||
|---|---|---|---|---|---|---|---|
|Patrons||||The Lord Archbishop||ofCanterbury||
|||||The Lord Bishop ofRochester||||
|||||The Lord Lieutenant||ofKent||
|||||The Lady Kingsdown||||
|President||||The Right Reverend||Michael Turnbull,|CBE, DL|
|Vice-President||||Mrs George Bracher,||MBE||
|~H. R||t||Mrs Deb Sutch||||
|Hon.|Treasurer|||Mrs Jane Bird, MA,||FIA||
|Re 'stered||Charit|Number|207021||||
|Bankers||||National<br>Westminster<br>3 High Street||Bank pic||
|||||Maidstone||||
|||||ME14 IXV||||
|||||CAF Bank||||
|||||25 Kings Hill Avenue||||
|||||Kings Hill||||
|||||West Mailing||||
|||||Kent||||
|||||ME19 4JQ||||
|Stockbrokers||||Redmayne-Bentley|LLP|||
|||||1 Mount Ephraim|Road|||
|||||Tunbridge<br>Wells||||
|||||TNI IET||||
|Inde|endent Examiner|||Mr Andrew<br>Childs,|FCA|||
|||||Magee Gammon||||
|||||Henwood<br>House||||
|||||Henwood||||
|||||Ashford<br>TN24 8DH||||
|~R'|d|Ofd||Parsonage<br>Farm House||||
|||||Yaiding||||
|||||Maidstone||||
|||||ME18 6HG||||





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|FOR THE YEAR ENDED|31DECEM|BER 2021|BER 2021||||
|---|---|---|---|---|---|---|
|||Unrestricted||Restricted|Total|Total|
||||General|Funds|Funds|Funds|
|||Notes|Fund||2021|2020|
||||||p||
|INCOME FROM:||(lc, 2)|||||
|Donations<br>and legacies|||22,303|(32,456)|(10,153)|8,079|
|Charitable<br>activities|||||||
|RS,S sponsored<br>cycle ride|||134,542||134,542|132,233|
|Membership<br>and events|||9,417||9,417|5,627|
|Investments|||9,197||9,197|12,176|
|TOTAL INCOME|||175,459|(32,456)|143,003|158,115|
|EXPENDITURE ON:|||||||
|Raising funds||(lg, 5)|3,871||3,871|5,457|
|Charitable<br>activities||(111,3)|||||
|Grants and distributions|to churches||167,497|1,927|169,424|170,946|
|Membership<br>and events||(5)|3,546||3,546|1,534|
|TOTAL EXPENDITURE||(ld, 10|174,914|1,927|176,841|177,937|
|Net gains/(losses)<br>on investments|||25,480||25,480|(60,133)|
|NET MOVEMENT<br>IN FUNDS|||26,025|(34,383)|(8,358)|(79,955)|
|RECONCILIATON<br>OF FUNDS:|||||||
|Total funds brought<br>forward|||555,209|34,383|589,592|669,547|
|TOTAL FUNDS CARRIED FORWARD|||581,234||581,234|589,592|





|AS AT 31STDEC|EMBER 2021||||||
|---|---|---|---|---|---|---|
|||Unrestricted||Restricted|Total|Total|
||||Funds|Funds|Funds|Funds|
||||||2021|2020|
|||Notes|||||
|FIXED ASSETS|||||||
|Investments||(li, 10)|402,529||402,529|380,994|
|TOTAL FIXED ASSETS|||402,529||402,529|380,994|
|CURRENT ASSETS|||||||
|Concessionary<br>loan||(lj)|||||
|Debtors||(lj, 11)|1,250||1,250|2,675|
|Cash at bank||(Ik)|302,475|2,500|304,975|366,195|
|TOTAL CURRENT ASSETS|||303,725|2,500|306,225|368,870|
|LIABILITIES|||||||
|Creditors: Amounts|falling due within||||||
|one year||(11, 12)|125,020|2,500|127,520|160,272|
|NET CURRENT ASSETS|||178,705||178,705|208,598|
|TOTAL NET ASSETS|||581,234||581,234|589,592|
|THE FUNDS OF THE|FRIENDS:||581,234||581,234|589,592|
|Restricted funds||(13)||||34,383|
|Unrestricted<br>f~nds||(13)|581,234||581,234|555,209|
|TOTAL OF THE FRIENDS' FUNDS|||581,234||581,234|589,592|





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|FO|R THE YEAR END|R THE YEAR END|E||31DECEM|BER 2|021||||
|---|---|---|---|---|---|---|---|---|---|---|
|2)|INCOME FROM:||||||Unrestricted|Restricted|Total|Total|
||||||||General|Funds|Funds|Funds|
||||||||Fund||2021|2020|
||||||||||E|E|
||Donations<br>and legacies||||||||||
||Donations||||||4,073||4,073|3,732|
||Grants||||||3,572|(32,456)|(28,884)|4,347|
||Funeral collections||||||239||239||
||Legacies||||||14,419||14,419||
||||||||22,303|(32,456)|(10,153)|8,079|
||Charitable<br>activities||||||||||
||Sponsored|cycle ride|||||134,542||134,542|132,233|
||Membership|and events|||||9,417||9,417|5,627|
||||||||143,959||143,959|137,860|
||Investments||||||||||
||Interest on|deposits|||||110||110|716|
||Investments|listed|on||the Stock Exchange||9,087||9,087|11,460|
||||||||9,197||9,197|12,176|
||TOTAL INCOME||||||175,459|(32,456)|143,003|158,115|
||2020||||||158,155||158,155||
|3)|EXPENDITURE ON||CHARITABLE ACTIVITIES||||||||
||||||||||E||
||||||||Charitable|Support and|Total|Total|
||Activities undertaken|||in order to meet||the|Activities|Governance|2021|2020|
||objectives of|The Friends to promote the||||||(see note (5))|||
||preservation|ofchurches:|||||||||
||Funded<br>from|unrestricted<br>funds:|||||||||
||Grants to churches||(see note 4)||||103,471|7,460|110,931|111,887|
||Sponsored<br>RarS cycle|||ride: distribution||to|||||
||churches||||||56,566||56,566|54,442|
||John Briggs|memorial|||lecture||||||
||Membership|and events|||||2,411|1,135|3,546|1,534|
||Total||||||162,448|8,595|171,043|167,863|
||Funded<br>from|restricted|||funds:||||||
||Grants to churches||(see note 4)||||1,927||1,927|4,617|
||2020:||||||239,832|3,376|167,863||





|4)|GRANTS APPROVED AND CONCESSIONARY|GRANTS APPROVED AND CONCESSIONARY|GRANTS APPROVED AND CONCESSIONARY|LOANS OUTSTANDINC|LOANS OUTSTANDINC|LOANS OUTSTANDINC|8|R||
|---|---|---|---|---|---|---|---|---|---|
||||||||Unrestricted|||
||GRANTS APPROVED|||||||Restricted|Total|
||||||||Fund|Funds||
||During 2021, in meeting the objectives ofThe|||Friends to promote||the preservation||||
||ofchurches,|the following<br>grants to Churches||in|Kent were approved.|||||
||Bexleyheath||Christ Church||||5,000||5,000|
||Crayford||St Paulinus||||10,000||10,000|
||Denton||St Mary Magdelen||||1,250||1,250|
||Ditton||St Peter as V||||8,000||8,000|
||Five Oak Green||URC||||1,500||1,500|
||Hawhurst||St Laurence||||328||328|
||Headcorn||St Peter Bs Paul||||7,000||7,000|
||Milton Regis||Holy Trinity||||6,500||6,500|
||North Fleet||StBotolph||||8,000||8,000|
||Sandhurst||St Nicholas||||865||865|
||Westgate on|Sea|URC||||7,500||7,500|
||Ashford||St Mary' s||||1,550|1,450|3,000|
||Chevening||St Botolph||||5,000||5,000|
||Eythorne||St Peter Ik Paul||||500||500|
||Foots Cray||All Saints||||2,000||2,000|
||Frittenden||St Mary||||2,000||2,000|
||Hoo||StWerbergh||||2,000||2,000|
||Ridley||St Peter||||6,000||6,000|
||Cobham||St Mary' s||||10,000||10,000|
||Smallhythe||StJohn||||1,000||1,000|
||Tunbridge<br>Wells||StBarnabus||||1,000||1,000|
||Tunstall||StJohn||||12,500||12,500|
||Willesborough||Christ Church||||4,000||4,000|
||Woodchurch||All Saints||||3,000||3,000|
||Wrotham||St George||||1,000||1,000|
||Maidstone||All Saints||||6,000||6,000|
||Kennington||St Mary||||10,000||10,000|
||Ivychurch||St George||||478|477|955|
||GRANTS APPROVED 2021||||||123,971|1,927|125,898|
||Less grant offers declined/lapsed||||||(20,500)||(20,500)|
||NET GRANTS|APPROVED 2021|||||103,471|1,927|105,398|
||GRANTS APPROVED 2020||||||107,389|4,617|112,006|
||CONCESSIONARY||LOANS|||||||
||During 2021, in meeting the objectives ofThe|||Friends to promote||the|preservatton|||
||ofchurches,|no concessionary<br>loans to Churches|||in Kent were made.|||||
||(The Friends|make|concessionary<br>loans repayable||after a year at|0'/0|interest)|||





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|FO|R THE YEAR ENDED 31|R THE YEAR ENDED 31|R THE YEAR ENDED 31|R THE YEAR ENDED 31|DECEMBER 20|21|21|21|||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|5)|ANALYSIS AND ALLOCATION||||OF GOVERNANCE|AND OTHER SUPPORT|||COSTS||||
||Unless otherwise|stated,|costs||are split approximately||according to the time spent by the Trustees.||||||
||This is taken to be 20%||raising||funds, 20% membership|||and events and|60%grant making<br>activities||||
||||||||E|E|E|E|8||
||||||||Charitable<br>Activities|||Raising|Grand|Notes on allocation|
|||||||Grant||Member||Funds|Total||
||||||||g|ship|||||
||Governance:||||||||||||
||Independent<br>Examination|||Fee|||734|245|979|245|1,224||
||Cost ofmeetings||||||||||||
||Annual<br>Report||||||876|292|1,168|292|1,460||
||Investment<br>Management||charges|||4,800|||4,800||4,800|100%Grant Making|
||Bank charges||||||97||97||97|100%Grant Making|
||Insurance|||||||280|280||280|100%Membership|
||Room and stall hire|||||||||150|150|100%Raising Funds|
||Newsletter<br>&,other communications||||||876|292|I,168|292|1,460||
||Ride &, Stride event|||||||||2,867|2,867|100%Raising Funds|
||Equipment||||||||||||
||Website|||||||26|104|25|129||
||Miscellaneous||||||||||||
||Total|||||7,460||1,135|8,596|3,871|12,467||
||The equivalent<br>figures for 2020 are:||||||||||||
||Governance:||||||||||||
||Independent<br>Examination|||Fee|||728|242|970|242|1,212||
||Cost ofmeetings||||||||||||
||Annual<br>Report||||||904|302|1,206|302|1,508||
||Investment<br>Management||charges|||1,818|||1,818||1,818|100%Grant Makmg|
||Bank charges||||||60||60||60|100%Grant Making|
||Insurance|||||||280|280||280|100%Membership|
||Newsletter<br>&,other communications||||||840|280|I,120|280|1,400||
||Ride & Stride event|||||||||4,587|4,587|100"' Raising Funds|
||Equipment||||||||||||
||Website||||||71|24|95|24|119||
||Miscellaneous||||||77|11|88|22|110||
||Total|||||4,498||1,139|5,637|5,457|11,094||



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|FO|R THE YEAR END|ED 3|1 DEC|E|MBER 2021||||
|---|---|---|---|---|---|---|---|---|
||||||||2021|2020|
|10)|INVESTMENTS<br>(All|U.K. based)|||||F.||
||Quoted Securities||||||||
||- Opening<br>Valuation||||||380,994|440,893|
||- Purchase<br>ofInvestments||||||18,980|248,070|
||- Surplus<br>/ (Deficit) on Revaluation||||ofInvestments||25,103|26,738|
||- Gains / (Losses)|on Disposal ofInvestments|||||377|(86,871)|
||- Disposal ofInvestments||||||(22,925)|(247,836)|
||—Closing Valuation||||||402,529|380,994|
||The cost ofthe investments||as at the||Balance Sheet||||
||date was||||||327,778|333,016|
||The Investments<br>consist of||the following assets;||||||
||- Quoted Securities||||||283,519|264,248|
||- Fixed Interest||||||39,414|48,140|
||Unit Trusts||||||59,596|48,606|
||National<br>Savings|Income|Bonds||||20,000|20,000|
||||||||402,529|380,994|
||SUNDRY DEBTORS||||||||
||—Inland<br>Revenue||||||1,250|2,675|
||||||||1,250|2,675|
|12)|CREDITORS: AMOUNTS<br>FALLING DUE WITHIN ONE YEAR||||||||
||Unrestricted||||||||
||—Grants approved|but unpaid||||(4)|125,300|159,072|
||- Magee Gamon Chartered||Accounts||(Fee)||1,212|1,200|
||- Redmayne<br>Bentley management|||fee|||1,008||
||||||||127,520|160,272|
||Restricted||||||||
||—Grants approved|but unpaid|||||2,500|2,500|





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|||Balance at|||||Balance at|
|---|---|---|---|---|---|---|---|
|||I January|||Gains|/|31 December|
|||2021|Income|Expenditure|(losses)||2021|
|||||S|S|||
|Restricted Funds||||||||
|Allchurches|Trust|34,383|(32,456)|(1,927)||||
|Total Restricted Funds||34,383|(32,456)|(1,927)||||
|General Funds||555,209|175,459|(174,914)|25,480||581,234|
|Total Funds||669,547|175,459|(176,841)|25,480||581,234|



|||Balance at|||||Balance at|
|---|---|---|---|---|---|---|---|
|||I January|||Gains|/|31 December|
|||2020|Income|Expenditure|(losses)||2020|
||||||8||F.|
|Restricted|Funds|||||||
|Allchurches|Trust|39,000||(4,617)|||34,383|
|Total Restricted Funds||39,000||(4,617)|||34,383|
|General Funds||630,547|158,115|(173,320)|(60,133)||555,209|
|Total Funds||669,547|158,115|(177,937)|(60 133)||589,592|