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||`Page`|
|---|---|
|`Charity details`||
|`Trustees' annual report`|`2`|
|`Independent examiner's report`|`3`|
|`Statement of financial activities`|`4`|
|`Balance sheet`|`5`|
|`Notes to the financial statements`|`6`|





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|`Trustees:`|`Robert Tugwell`|
|---|---|
||`Dione Nyangon - resigned 11 May 2025`|
||`Sally Howells - resigned 18 March 2024`|
||`June Eckton - resigned 18 March 2024`|
||`Hillary Reid - appointed 18 March 2024`|
||`Pamela Renton - appointed 18 March 2024`|
||`Dora Pilkington - appointed 11 May 2025`|
|`Charity number:`|`211448`|
|`Independent examiner:`|`Marcel Jung, FFA/FIPA, FAIA`|
|`Address:`|`Ty Saith Vicarage`|
||`Weavering Street`|
||`Weavering`|
||`Maidstone`|
||`Kent ME14 5JQ`|





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THE CHURCH ESTATE
STATEM￿ OF FINANCIAL ACTIVITIES
FOR THE YEARENDED 31 DECEMBER 2024
Unrestricted Restricted Endowm¢nt Total
Funds
Funds
Funds
2024
Total
2023
COME
Rental income
Investment incom¢:
C of E Fixed Interest Fund
COIF Dividends
COIF Fixd Interest Fund
Deposit account interest
Deposit Fund interest
Bauk Interest
Total incoming resources
41,542
41542
31,697
242
6,186
557
242
186
557
3.616
147
4.564
361
2.959
3.612
326
4&857
326
52.469
3.612
REsoifRCES EXPEIWED
Maintenance
Renovation of Cottages
Insurnn¢¢
Professional fees
Misc
Bank ¢harges
Distribution to PCC
(3,'973)
(3.973)
{936)
(57,087)
{2.571)
(5.388)
(52)
(1.834)
{2.346)
{7.274)
50
(2J46)
(7274)
50
(24.703)
(24,703)
Total re8ourtes exptttded
Net it7/(out￿Ming ￿urCeS before
transfers
10.610
3,612
14322
(28.140)
Transfers between funds
Net incoming r¢sourc¢s
before other recogDised g3]n￿(lOSses)
10.610
3.612
14222
(28.140)
IncreaS£1(decre￿) in value of
investlllents
2.804
3.160
20,277
Net movemellt ID fvnds
13.414
6.772
20,186
(7,863)
Balances brought fonyard l January
62.556
202 689
105.771 371016
378.878
Balanc¢s carried forward 31 December
209.461
105.771 391202
371,016

THE CHURCH ESTATE
BALANCE SHEET
AS AT 31 DECEMBER 2024
Note
2024
2023
DEBTORS
46,120
BANK ACCOUNTS
57,963
1.235
DEPOSIT FUNDS (COIFI
Estate Reserve
Fabric Fund
39
36
70,488
70,524
74.100
74,139
Creditors- amounts falling due within one year
Net current a55ets
132,102
117.879
INVESTMENTS
COIF Charities Investn*nt Fund Income
Trust Capitsl
Fabric Fund
COIF CharTtie5 Fixed Interest Intome
Trust Capital
Fabric Fund
114,109
113.156
111.587
110.656
9,630
22,205
259.100
9.348
21,546
253,137
TOTAL ASSETS
391,202
371,016
TOTAL ASSEtS BY FUND
Unrestricted
Restricted
Endowment
75.970
209.461
105,771
391,202
62.556
202,689
105.771
371,016
The a¢¢ounts have beffl prepared in a￿ce with the FinarAcial Rel￿ stath for Smaller Entities
(effective Jalluary 2015).
The aw)unts were atoroved by the Tnlstee on 3 Jun¢ 2025 and signed on their beh￿[bY
Rev Rob
ugwell
Page 5

THE CItURCH ESTATE
NOJES TO 7HE AccouTrrrs
FOR THE YEARENDED 31 DECEMBER2024
Accountlng Policies
The accounts have l*en wepared utmkr the historical c￿st convention aThl in accordance with
Accounting and Re￿rtIng by Charities: Stalaneirt of Rewmmend￿l PTadiLY applicable to charities
preparing their accounts in accordance with the Financial Reporting Stsndard for Smaller Entities
published on 16 July 2014. the Financial Reporting Standard for Smaller Entities (FRSSE). and the
Charities Act 2011 and UK Generally Accepted Prdctice as it applies from l January 2015.
Thc accounts (fmancial statements) have been prq)ared to give a'true and fair. view and have departed
from the Charities (Accounts and Rwts) Regulations 2￿8 only to th¢ ¢xl¢nt r¢quired to provide a
'true and fair. view. This de• has tnvolvoj following the Accounting and Rcwrting by Clwities:
Statemenl of Recommended Practice applicable to charities preparing their accounts in accordance with
the Financial Reporting Standard for Smaller Entities published OT] 16 July 2014 rather than the
Accounting and Reporting by Charities: Statement of Recommended Practice effectiv¢ from l April
2005 which h&$ since been withdr￿.
lucome and expendithre
Income and expenditure are itKIth in the statemfflt of fllwicial activities on the a￿Th￿l basis.
Investments
Inv¢stm¢nts are valued at mid-market value at 31 December.
Unrestrieted income fvnd
The fund is to be applied for the win¢tpal obje¢ts ofthe charlty as described on page 2.
TThstees
No remuneration or other benefits were paid to the charity's ttustees or people connected with them.