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|~Ch|i|d||||||
|---|---|---|---|---|---|---|---|
|Patrons||||The Lord Archbishop||ofCanterbury||
|||||The Bishop ofRochester||||
|||||The Lord Lieutenant||ofKent||
|||||The Lady Kingsdown||||
|||||The Right Reverend||Michael Turnbull|CBEDL,|
|President||||Mrs George Bracher,||MBE,||
|Vice-President||||The Hon Mrs Jennifer Raikes||||
|||||Mr Paul Smallwood,||||
|~H.||S||Mrs Deb Sutch||||
|Hon.||Treasurer||Mrs Jane Bird, MA,||FIA||
|Re 'stered Chari|||Number|207021||||
|Bankers||||National Westminster||Bank pic||
|||||3 High Street||||
|||||Maid stone||||
|||||ME14 IXU||||
|||||CAF Bank||||
|||||25 Kings Hill Avenue||||
|||||Kings Hill||||
|||||West Mailing||||
|||||Kent||||
|||||ME19 4JQ||||
|Stockbrokers||||Redmayne-Bentley|LLP|||
|||||I Mount Ephraim|Road|||
|||||Tunbridge<br>Wells||||
|||||TN1 IET||||
|Inde||endent Examiner||Mr Andrew<br>Childs,|FCA|||
|||||Magee Gammon||||
|||||Henwood<br>House||||
|||||Henwood||||
|||||Ashford<br>TN24 8DH||||
|~R*d OfE||||Parsonage<br>Farm House||||
|||||Yalding||||
|||||Maidstone||||
|||||ME18 6HG||||





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|FOR THE YEAR ENDED|31DECEM|BER 202|3||||
|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total|Total|
||||General|Funds|Funds|Funds|
|||Notes|Fund||2023|2022|
||||E|||E|
|INCOME FROM:||(lc, 2)|||||
|Donations<br>and legacies|||88,113||88,113|152,054|
|Charitable<br>activities|||||||
|RBrS sponsored<br>cycle ride|||138,463||138,463|129,407|
|Membership<br>and events|||10,174||10,174|10,794|
|Investments|||16,930||16,930|10,608|
|TOTAL INCOME|||253,680||253,680|302,863|
|EXPENDITURE ON:|||||||
|Raising funds||(lg, 5)|6,568||6,568|6,410|
|Charitable<br>activities||(Ih, 3)|||||
|Grants and distributions|to churches||215,446||215,446|208,931|
|Membership<br>and events||(5)|4,463||4,463|4,770|
|TOTAL EXPENDITURE||(Id, It)|226,477||226,477|220,111|
|Net gains/(losses)<br>on investments|||11,033||11,033|(66,825)|
|NET MOVEMENT<br>IN FUNDS|||38,236||38,236|13,427|
|RECONCILIATON<br>OF FUNDS:|||||||
|Total funds brought<br>forward|||594,661||594,661|581,234|
|TOTAL FUNDS CARRIED FORWARD|||632,897||~63289|594661|





## 

|AS AT 31STDEC|EMBER 2023||||||
|---|---|---|---|---|---|---|
||||Unrestricted|Restricted|Total|Total|
||||Funds|Funds|Funds|Funds|
||||||2023|2022|
|||Notes|||||
|FIXEDASSETS|||||||
|Investments||(li, 10)|365,947||365,947|324,642|
|TOTAL FIXEDASSETS|||365,947||365,947|324,642|
|CURRENT ASSETS|||||||
|Concessionary<br>loan||(lj)|||||
|Debtors||(Ij, 11)|3,628||3,628|2,790|
|Cash at bank||(Ik)|437,897||437,897|420,985|
|TOTAL CURRENT ASSETS|||441,525||441,525|423,775|
|LIABILITIES|||||||
|Creditors: Amounts|falling due within||||||
|one year||(11, 12)|174,575||174,575|153,756|
|NET CURRENT ASSETS|||266,950||266,950|270,019|
|TOTAL NETASSETS|||632,897||632,897|594,661|
|THE FUNDS OFTHE|FRIENDS:||||||
|Restricted funds||(13)|||||
|Unrestricted<br>funds||(13)|632,897||632,897|594,661|
|TOTAL OFTHE FRIENDS' FUNDS|||632,897||632.897|~694, 61|





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|FO|R THE YEAR ENDE|R THE YEAR ENDE||D|31DECEM|BER|2023||||
|---|---|---|---|---|---|---|---|---|---|---|
|2)|INCOME FROM:||||||Unrestricted|Restricted|Total|Total|
||||||||General|Funds|Funds|Funds|
||||||||Fund||2023|2022|
||||||||||E||
||Donations<br>and legacies||||||||||
||Donations||||||4,756||4,756|3,853|
||Grants||||||2,405||2,405|2,969|
||Legacies||||||80,952||80,952|142,732|
||||||||88,113||88,113|149,554|
||Charitable<br>activities||||||||||
||Sponsored|cycle ride|||||138,463||138,463|129,407|
||Membership|and events|||||10,174||10,174|10,794|
||||||||148,637||148,637|140,201|
||Investments||||||||||
||Interest on|deposits|||||7,817||7,817|1,572|
||Investments|listed|on||the Stock Exchange||9,113||9,113|9,036|
||||||||16,930||16,930|10,608|
||TOTAL INCOME||||||253,680||253,680|300,363|
||2022||||||302,863|(2,500)|300,363||
|3)|EXPENDITURE ON CHARITABLE ACTIVITIES||||||||||
|||||||||||E|
||||||||Charitable|Support and|Total|Total|
||Activities undertaken|||in order to meet||the|Activities|Governance|2023|2022|
||objectives of|The Friends to promote the||||||(see note (5))|||
||preservation|ofchurches:|||||||||
||Funded from|unrestricted<br>funds:|||||||||
||Grants to churches||(see note 4)||||152,259|7,176|159,435|156,757|
||Sponsored<br>R8rS cycle|||ride: distribution||to|||||
||churches||||||56,011||56,011|54,119|
||John Briggs|memorial|||lecture|||||555|
||Membership|and events|||||2,983|1,480|4,463|4,771|
||Total||||||211,253|8,656|219,909|216,202|
||Funded from restricted||||funds:||||||
||Grants to churches||(see note 4)|||||||(2,500)|
||2022:|Unrestricted|||||206,396|9,805|216,201||
|||Restricted|||||(2,500)||(2,500)||
|||Total|||||203,896|9,805|213,701||





|4)|GRANTS APPROVED AND|GRANTS APPROVED AND|GRANTS APPROVED AND|CONCESSIONARY|CONCESSIONARY|LOANS|LOANS|OUTSTANDING|OUTSTANDING|||
|---|---|---|---|---|---|---|---|---|---|---|---|
||||||||||Unrestricted|Restricted|Total|
||GRANTS APPROVED||||||||General|Funds||
||||||||||Fund|||
||During 2023, in meeting the objectives ofThe||||||Friend|s to|promote the pre|servation||
||ofchurches,|the following||grants to|Churches||in Ken|t were approved.||||
||||||||||E||E|
||Barham||St|John the|Baptist||||4,000||4,000|
||High Halstow||St|Margaret|||||500||500|
||Linton||St|Nicholas|||||10,000||10,000|
||Maidstone||United Reformed Church||||||7,000||7,000|
||Milton Regius||Holy Trinity||||||7,000||7,000|
||Sandhurst||St|Nicholas|||||6,000||6,000|
||Shipbourne||St|Giles|||||10,000||10,000|
||Stone||St|Mary the|Virgin||||5,000||5,000|
||Tenterden||St|Mildred|||||7,000||7,000|
||Welmer||St|Saviour|||||11,000||11,000|
||Welling||St|Mary the|Virgin||||500||500|
||West Mailing||Pilsdon Community||||||1,000||1,000|
||Womenswold||St|Margaret|ofAntioch||||7,500||7,500|
||Ashford||St|Francis Chapel ofEase|||||500||500|
||Biggin Hill||St|Mark|||||3,000||3,000|
||Doddington||Beheading ofJohn the||||Baptist||1,500||1,500|
||Gillingham||St|Barnabas|||||3,500||3,500|
||Gillingham||St|Mary Magdalene|||||20,000||20,000|
||Hemhill||St|Michael|||||1,500||1,500|
||Lamorbey||Holy Trinity||||||500||500|
||Ramsgate||St|George the Martyr|||||20,000||20,000|
||Staplehurst||United Reform Church||||||1,500||1,500|
||Swanscombe||SSPeter 85||Paul||||22,500||22,500|
||Thanington||St|Nicholas|||||1,500||1,500|
||Wye||St|Gregory<br>BsSt Martin|||||5,000||5,000|
||GRANTS APPROVED 2023||||||||157,500||157,500|
||Less grant offers declined/lapsed||||||||(5,241)||(5,241)|
||NET GRANTS APPROVED|||2023|||||152,259||152,259|
||NET GRANTS APPROVED|||2022|||||148,778|(2,500)|146,278|
||CONCESSIONARY||LOANS|||||||||





|FO|R THE YEAR ENDED 31|R THE YEAR ENDED 31|R THE YEAR ENDED 31|DECEMBER 202|DECEMBER 202|3|3||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|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'/o membership|||and events and 60'/o grant making<br>activities|||||
||||||8|||5||5|8||
||||||Chantable|||Activrties||Raising|Grand|Notes on allocation|
||||||Grant|Member||||Funds|Total||
||||||maldng||ship||||||
||Governance:||||||||||||
||Independent<br>Examination|||Fee|810|||270|1,080|270|1,350||
||Cost ofmeetings||||135|||45|180|45|225||
||Annual<br>Report||||936|||312|1,248|312|1,560||
||Investment<br>Management||charges||3,513||||3,513||3,513|100'/ Grant Making|
||Bank Charges||||60||||60||60|100%Grant Making|
||Insurance|||||||280|280||280|100%Membership|
||Newsletter<br>dr other communications||||1,349|||450|1,799|450|2,249||
||Ride &Stride event|||||||||5,367|5,367|100%Raising Funds|
||Website||||209|||69|278|70|348||
||Miscellaneous||||164|||54|218|54|272||
||Total||||7,176||1,480||8,656|6,568|15,224||
||The equivalent<br>figures for 2022 are:||||||||||||
||Governance:||||||||||||
||Independent<br>Examination|||Fee|748|||250|998|250|1,248||
||Cost ofmeetings||||135|||45|180|45|225||
||Annual<br>Report||||908|||303|1,211|303|1,514||
||Investment<br>Management||charges||3,215||||3,215||3,215|100'/o Grant Making|
||Bank charges||||83||||83||83|100/o Grant. Makrrrg|
||Insurance|||||||280|280||280|100o/ Membership|
||Newsletter||||1,506|||502|2,008|502|2,510||
||Ride & Stride event|||||||||4,853|4,853|100o/ Raising Funds|
||Equipment||||1,307|||435|1,742|435|2,177||
||Miscellaneous||||77||||88|22|110||
||Total||||7,979||1,826||9,805|6,410|16,215||



## 



|FO|R THE YEAR END|ED 3|1DECE|MBER 2023||||
|---|---|---|---|---|---|---|---|
|||||||2023|2022|
|10)|INVESTMENTS<br>(All U.K.based)|||||||
||Quoted Securities|||||||
||- Opening Valuation|||||324,642|402,529|
||- Purchase ofInvestments|||||49,250|9,657|
||- Surplus<br>/ (Deficit) on Revaluation|||ofInvestments||13,312|(66,402)|
||- Gains / (Losses) on Disposal ofInvestments|||||(2,279)|(423)|
||- Disposal ofInvestments|||||(18,978)|(20,719)|
||—Closing Valuation|||||365,947|324,642|
||The cost ofthe investments||as at the|Balance Sheet||||
||date was|||||342,826|314,970|
||The Investments<br>consist of||the following assets;|||||
||—Quoted Securities|||||267,023|210,816|
||—Fixed Interest|||||41,516|48,559|
||Unit Trusts|||||37,408|45,267|
||National<br>Savings|Income|Bonds|||20,000<br>~EsS~r|20,000<br>324,642|
|11)|SUNDRY DEBTORS|||||||
||—HM Revenue and|Customs||||3,628|2,790|
|||||||3,628|2,790|
|12)|CREDITORS: AMOUNTS<br>FALLING DUE WITHIN ONE YEAR|||||||
||Unrestricted|||||||
||—Grants approved|but unpaid|||(4)|172,785|152,526|
||-Funds received in|error||||500||
||—Magee Gamon Chartered||Accounts|(Fee)||1,290|1,230|
|||||||174,575|153,756|
||Restricted|||||||
||—Grants approved|but unpaid||||||



|FO|R THE YEAR ENDED 31DECE|MBER 2023|
|---|---|---|
|10)|INVESTMENTS<br>(All U.K.based)||
||Quoted Securities||
||- Opening Valuation||
||- Purchase ofInvestments||
||- Surplus<br>/ (Deficit) on Revaluation|ofInvestments|
||- Gains / (Losses) on Disposal ofInvestments||
||- Disposal ofInvestments||
||—Closing Valuation||





||Balance at||||Balance at|
|---|---|---|---|---|---|
||I January|||Gains /|31December|
||2023|Income|Expenditure|(losses)|2023|
|General Funds|594,661|253,680|(226,477)|11,033|632,897|
|Total Funds|594,661|253,680|~226,4 7)|11,033|~632,89|



||Balance at||||Balance at|
|---|---|---|---|---|---|
||I January|||Gains<br>/|31 December|
||2022|Income|Expenditure|(losses)|2022|
|General Funds|581,234|302,863|(222,611)|(66,825)|594,661|
|Total Funds|81,234|302,863|(222,611)|(66,825)|594,661|