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2024-12-31-accounts

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF RAINHAM, DIOCESE OF CHELMSFORD

(Charity Registration No. 1127337)

ANNUAL REPORT AND FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST DECEMBER 2024

Clemence Hoar Cummings CHARTERED ACCOUNTANTS

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF RAINHAM, DIOCESE OF CHELMSFORD (Charity Registration No. 1127337)

CONTENTS

Page 1 - 3 Annual Report of the Parochial Church Council
4 Independent Examiners' Report
5 Statement of Financial Activities
6 Balance Sheet
7-13 Notes to the Accounts
14 The Ship Surplus & deficit account

Page 1

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF RAINHAM, DIOCESE OF CHELMSFORD (Charity Registration No. 1127337)

ANNUAL REPORT OF THE PAROCHIAL CHURCH COUNCIL

FOR THE YEAR ENDED 31ST DECEMBER 2024

REFERENCE AND ADMINISTRATIVE DETAILS

St Helen's and St Giles church is situated in Rainham, Essex. It is part of the Diocese of Chelmsford within the Church of England. The correspondence address is St Helen's Church Hall, St Helen's Court, Upminster Road South, Rainham, Essex, RM13 9YU.

Charity Number: 1127337 Prinicipal Office: St Helen's Court Upminster Road South Rainham Essex RM13 9YU Independent Examiners: CHC Accountancy Ltd T/A Clemence Hoar Cummings Riverside House 1-5 Como Street Romford RM7 7DN Bankers Barclays Bank Plc 1 Churchill Place London E14 5HP

PCC members who have served from 1st January 2024 until the date of this report was approved are:

Incumbent: Rev'd Elise Peterson Associate Minister: Rev'd David Stainer Warden: Stephanie Bare Secretary: Alan Dell Schools Officer: Jay Lilley (Appointed 12th May 2024) Deanery Synod Rep: Albert Summers (Appointed 12th May 2024) Elected Members Val Burling (Appointed 12th May 2024) Gloria Byatt (Vice Chair) Frank Byatt Janne Cassidy (Resigned 12th May 2024) Pauline Hills (Appointed 12th May 2024) Shirley Phillips

Page 2

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF RAINHAM, DIOCESE OF CHELMSFORD (Charity Registration No. 1127337)

ANNUAL REPORT OF THE PAROCHIAL CHURCH COUNCIL

FOR THE YEAR ENDED 31ST DECEMBER 2024

STRUCTURE, GOVERNANCE AND MANAGEMENT

The church is governed by the Parochial Church Council Powers Measure (1956) as amended and by Church Representation rules. The church is a charity, registered with the charity commission.

The method of appointment of PCC members is set out in Church Representation Rules. All Church attendees are encouraged to register on the Electoral Roll and stand for election to the PCC.

OBJECTIVES AND ACTIVITIES

Rainham Parish Church Council has the responsibility of co-operating with the incumbent, the Rev'd. Elise Peterson, in promoting in the ecclesiastical parish the whole mission of the Church, pastoral, evangelistic, social and ecumenical. It also has the maintenance responsibilities for the whole Church centre complexes of St Helen and St Giles.

Mission statement

Our mission is to engage with the whole community and build relationship with the different groups of people here, sharing God's love through the good news of Jesus Christ in practical and relevant ways.

ACHIEVEMENTS, PERFORMANCE AND BACKGROUND INFORMATION

Church attendance

There are 101 (2023: 107) people registered on the Electoral Roll and there were 67 people attending the services on average.

Review of church council and church meeting business during the year.

Meetings of PCC members are held approximately every six weeks. Copies of the minutes are available to church members on request after they have been signed and agreed by the PCC, for all members of the parish to read.

Review of the year

The PCC continues to use the diocesan parish account service, and the work has been assigned to – Terry Gray. We are very grateful to Terry for his help during 2024. Additionally, during the year, the PCC appointed a new Finance Officer, David Vaz, to assist with the day to day operational activity of the accounts work.

We continue to be grateful to Alan Dell and Stephanie Bare for their support during the year. We are also grateful to so many members of the congregation who give regularly towards the work of church and The Ship Centre, whether by regular standing order, the Parish Giving Scheme or by whatever means that they have managed to contribute during this past year. Additionally, the PCC installed a card payments machine (Payaz) at the back of the church alongside the introduction of QR codes in some of its regular literature to encourage additional means of giving. We are pleased to report that we have been able to pay our Parish Share in full again this year.

During the year, the PCC incurred extra-ordinary expenditure on repairs and redecoration of the hall in order to bring it up to a standard which they would consider to be "fit for purpose". This, together with increased expenditure on The Ship, has had a negative impact on our financial results for the year. Additionally, in 2023 the PCC made the decision to set aside approximately 5% of income to be given away for charitable purposes. As a result, during 2024, the following donations were from unrestricted general funds:

Good News for Everyone £1,000 Ahava Community £1,000
Five Talents £1,000 Samaritans £1,000
Christian Hope International £1,000 Women's Aid £1,000
Salvation Army £1,000 M N D Association £1,000
St Francis Hospice £1,000 Graceworks £500

In February 2024, our Youth and Schools Worker, Jay Lilley, began work with us at 30 hours a week. Jay was able to build upon the work he'd already been doing with us through his role with Graceworks since 2022. Our Thursday community youth group now averages about 30 young people each week and we've been able to take them on special outings and a weekend away, and we are seeing greater curiosity in Christian faith with this group. We also have had more consistent meetings with our church youth on Sunday mornings and included them in half term outings. Finally, we've been able to expand our work with schools, focusing on our closest primary school, Rainham Village Primary. We now do frequent assemblies there and welcome multiple year groups for visits to our churches throughout the year.

Page 3

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF RAINHAM, DIOCESE OF CHELMSFORD (Charity Registration No. 1127337)

ANNUAL REPORT OF THE PAROCHIAL CHURCH COUNCIL

FOR THE YEAR ENDED 31ST DECEMBER 2024

FINANCIAL REVIEW

Total income on ordinary unrestricted funds was £198,561 (2023 - £196,019), on restricted funds £22,492 (2023 - £343) and £348 (2023 - £349) on endowment funds. The balance of endowment funds as at 31 December 2024 was £17,076 (2023 - £16,354) All three are detailed in the financial statements.

Total unrestricted expenditure amounted to £209,251 (2023 - £179,333), this included the church's contribution to the diocesan family purse of £57,179 (2023 - £53,179).

The net result for the year was a deficit on unrestricted funds of £10,690 (2023 - surplus £16,686), and a surplus on restricted funds of £762 (2023 deficit - £12). Income for the year on endowment funds amounted to £348 (2023 £349).

RESERVES POLICY

It is the PCC policy to maintain a balance on unrestricted funds (if possible), which equates to approximately six months' unrestricted payments, to cover emergency situations that may arise from time to time. The balance at the year end totals £506,801, however £91,084 of the balance relates to freehold property, which is not a liquid resource, leaving a true balance of £415,717.

The restricted funds which had a balance at the year end include the Church Communications Project which stood at £1,678, Church Tower Restoration which stood at £4,446 and the Youth Project at £917.

It is our policy to invest the majority of our funds balances with the CBF Church of England Deposit Fund.

RESPONSIBILITIES OF THE PCC

The Members of the PCC are responsible for the preparation of a Statement of Financial Activities and Balance Sheet for each financial year, which comply with Section 130 of the Charities Act 2011 following the guidance for accounting for smaller charities issued by the Charities Commission.

In preparing the Statement of Financial Activities and Balance Sheet we are required to:

Our responsibilities as members of the PCC include keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and enable us to ensure that the Accounts comply with the Charities Act 2011. We are also responsible for safeguarding the Church's Assets and hence for taking reasonable steps for the prevention and detection of fraud and breaches of law and regulations.

St Helen's Church Hall St Helen's Court Upminster Road South Rainham, Essex RM13 9YU

……………………………………. Rev’d Elise Peterson

4th May 2025

Page 4

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF RAINHAM, DIOCESE OF CHELMSFORD (Charity Registration No. 1127337)

INDEPENDENT EXAMINERS' REPORT FOR THE YEAR ENDED 31ST DECEMBER 2024

This report on the Accounts of the PCC for the year ended 31 December 2024, which are set out on pages 6 to 13 inclusive, is in respect of an examination carried out in accordance with the Church Accounting Regulations 2006 and Section 145 of the Charities Act 2011.

Respective responsibilities of Trustees and Examiner

As members of the PCC you are responsible for the preparation of the Accounts; you consider that the audit requirement of Regulation 3(3) of the Church Accounting Regulations 2006 and Section 144(2) of the Charities Act 2011 (the Act) do not apply. I report in respectof my examination of the charity's accounts carried out under section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity commission under section 145(5)(b) of the Act.

Basis of Independent Examiner’s Report

My examination was carried out in accordance with the General Directions given by the Charity Commission under Section 145(5)(b) of the Act and to be found in the guidance from the CBF. That examination includes a review of the accounting records kept by the PCC and a comparison of the Accounts with those records. It also includes considering any unusual items or disclosures in the Accounts and seeking explanations from you as Trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the view given by the Accounts.

Independent Examiner’s Statement

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

The accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the - Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give 'true and fair view' which is not a matter of considered as part of an independent examination].

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in the report in order to enable a proper understanding of the accounts to be reached.

Riverside House 1-5 Como Street Romford Essex RM7 7DN

D M Belbin BSc BFP FCA DChA Independent Examiner Clemence Hoar Cummings Chartered Accountants

………………………….2024

Page 5

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF RAINHAM, DIOCESE OF CHELMSFORD (Charity Registration No. 1127337)

ANNUAL REPORT OF THE PAROCHIAL CHURCH COUNCIL

FOR THE YEAR ENDED 31ST DECEMBER 2024

Notes
Incoming resources
Voluntary income
2a
Activities for generating funds
2b
Income from investments
2c
Church activities
2d
Other incoming resources
2e
Total incoming resources
Resources expended
Costs of generating voluntary income
3a
Fund-raising trading costs
3b
Church activities
3c
Governance Costs
3d
Total resources expended
Net incoming/(outgoing) resources
Other recognised gains/losses
Transfers between funds
Gains/(losses) on revaluation of fixed assets
5
Gains/(losses) on investment assets
6
Net movement in funds
Total funds brought forward at 1 January 2024
Total funds carried forward at 31 December 2024		 TOTAL
TOTAL
Unrestricted
Restricted
Total
FUNDS
FUNDS
Funds
Funds
Endowment
2024
2023
£
£
£
£
107,186
22,106
-
129,292
115,885
32,978
-
-
32,978
36,461
18,719
386
348
19,453
7,443
37,092
-
-
37,092
35,672
2,586
-
-
2,586
1,249
198,561
22,492
348
221,401
196,711
-
-
-
-
-
-
-
-
-
-
-
-
206,751
21,730
-
228,481
177,288
2,500
-
-
2,500
2,400
209,251
21,730
-
230,981
179,688
-
10,690
-
762
348
9,580
-
17,022
-
-
-
10
-
9
1
-
-
-
-
-
-
-
374
374
1,385
10,700
-
771
723
9,204
-
18,407
517,501
6,270
16,353
540,124
521,717
-
-
506,801
7,041
17,076
530,918
540,124

Page 6

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF RAINHAM, DIOCESE OF CHELMSFORD

(Charity Registration No. 1127337)

ANNUAL REPORT OF THE PAROCHIAL CHURCH COUNCIL

FOR THE YEAR ENDED 31ST DECEMBER 2024

Notes
2024
£
Fixed assets
Tangible fixed assets
5
91,084
Investments
6
17,075
Total fixed assets
108,159
Current assets
Debtors
8
11,182
Short term deposits
CCLA Deposit 3022058
4,453
CCLA Deposit 3022059
375,595
CCLA Deposit 3022060
2,282
CCLA Deposit 3022061
1,024
CCLA Deposit 3022062
1,678
Current account 8424 Main account
18,347
Current account 5689 Fees
-
Current account 7841 Flat
8,785
Current account 9148 Ship
2,063
Unbanked cash
247
Ship till
378
Cash at bank and in hand
414,852
Creditors: amounts falling due within one year
9
(3,275)
Net current assets
422,759
Total assets less current liabilities
530,918
NET ASSETS
530,918
Funds held
7
Endowment Funds
17,076
Restricted funds
10
7,041
Unrestricted funds
10
506,801
530,918		 2023
£
89,643
16,354
105,997
9,204
4,179
357,178
2,142
961
1,575
50,605
796
4,678
5,839
177
220
428,350
(3,426)
434,127
540,124
540,124
16,353
6,270
517,501
540,124

Approved by the Parochial Church Council on 4 May 2025

The Revd Elise Peterson Chair

The accompanying notes form a part of these financial statements.

Page 7

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF RAINHAM, DIOCESE OF CHELMSFORD

(Charity Registration No. 1127337)

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31ST DECEMBER 2024

1. ACCOUNTING POLICIES

a) Basis of accounting

The financial statements have been prepared under the historic cost convention, in accordance with the Church Accounting Regulations 2006 and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with FRS 102 (Charities SORP FRS 102) and the Charities Act 2011.

In preparing the financial statements, the trustees have considered whether in applying the accounting policies required by the Charities SORP FRS 102 the restatement of comparative items was required. There were no changes to the accounting policies of the charity as a result of the adoption of FRS 102.

b) Funds

Restricted funds represent donations or fundraising income invited by the PCC for a specific object. The funds may only be expended on the specific object for which they were given. Any balance remaining unspent at the end of each year must be carried forward as a balance on that fund.

Where funds received have been restricted for the purchase of fixed assets, the value of the specific object is transferred at the purchase date from the restricted fund to the general fund in the Statement of Financial Activities.

General Funds represent funds of the church council that are not subject to any restrictions regarding their use and are available for application on the general purposes of the Church. Funds designated by the Church Council for a particular purpose are also unrestricted.

c) Income Resources

All income and endowments are included in the statement of financial activities when the Church is entitled to the income and the amount can be quantified with reasonable accuracy. The following specific policies are applied to particular categories of income:

d) Resources Expended

Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which is reported as part of the expenditure to which it relates:

Page 8

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF RAINHAM, DIOCESE OF CHELMSFORD

(Charity Registration No. 1127337)

ANNUAL REPORT OF THE PAROCHIAL CHURCH COUNCIL

FOR THE YEAR ENDED 31ST DECEMBER 2024

1. ACCOUNTING POLICIES CONTINUED…

Fixed assets

The church's freehold property is stated at its cost amount. No depreciation is charged on the asset as the current market value is considered in excess of the book value shown.

f) Investments

Investments whether by way of loan or transferable security are valued at market value.

2 Incoming resources

a
Voluntary income
Planned giving
Collections at all services
Gift days
Sundry donations and appeals
Income tax recoverable
Grants
Legacies
b
Activities for generating funds
General fundraising
Ship Sales
Ship Flat rent
Bookstall
c
Investment income
Dividends and interest
d
Income from Church Activities
Church hall lettings etc
Fees from weddings etc
Adult education
Messy Church
Coffee bar
e
Other other incoming resources
Insurance claims
Other income
Total incoming resources		 TOTAL
TOTAL
Unrestricted Restricted
Total
FUNDS
FUNDS
Funds
Funds
Endowments
2024
2023
£
£
£
£
-
70,770
500
-
71,270
66,404
10,040
-
-
10,040
14,515
-
-
-
-
-
10,143
170
-
10,313
14,449
16,233
-
-
16,233
16,338
-
21,436
-
21,436
4,180
-
-
-
-
107,186
22,106
-
129,292
115,885
-
50
-
-
50
3,167
23,328
-
-
23,328
23,694
9,600
-
9,600
9,600
-
-
-
-
32,978
-
-
32,978
36,461
-
-
18,719
386
348
19,453
7,443
18,719
386
348
19,453
7,443
-
-
36,095
-
-
36,095
33,922
-
997
-
-
997
1,750
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
37,092
-
-
37,092
35,672
-
-
1,352
-
-
1,352
-
1,234
-
-
1,234
1,249
2,586
-
-
2,586
1,249
198,561
22,492
348
221,401
196,711

Page 9

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF RAINHAM, DIOCESE OF (Charity Registration No. 1127337)

ANNUAL REPORT OF THE PAROCHIAL CHURCH COUNCIL

FOR THE YEAR ENDED 31ST DECEMBER 2024

3 Resources expended

a
Costs of generating voluntary income
Special appeal costs
Fundraisers
b
Fund-raising trading costs
Fete costs
Coffee bar
Bookstall
c
Church Activities
Missionary and charitable giving:
Overseas:
Missionary societies
Home mission
Secular charities
Ministry costs:
diocesan parish contribution
other clergy costs
Staff cost
Church Insurance
Church maintenance
Church running expenses
Parish Training & Mission
Cleaning
Upkeep of services
Organ Maintenance
Upkeep of churchyard
Nurture & lay ministry
Children & Youth
Administration
Church hall/Flat running costs
Ship running costs
Ship purchases
Legal fees
Depreciation
d
Governance costs
Independent examination fee
Cost of annual accounts
Total resources expended		 Unrestricted
Restricted
Total
FUNDS
FUNDS
Funds
Funds
Endowment
2024
2023
£
£
£
£
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
500
3,385
-
-
3,385
385
3,000
-
-
3,000
50
4,500
-
-
4,500
-
10,885
-
-
10,885
935
57,179
-
-
57,179
53,179
2,527
-
-
2,527
2,217
56,112
19,009
-
75,121
54,159
2,390
-
-
2,390
2,313
2,839
-
-
2,839
4,543
4,826
-
-
4,826
7,515
1,189
-
-
1,189
-
118
-
-
118
1,277
2,466
-
-
2,466
4,065
380
-
380
363
205
-
-
205
45
-
-
-
-
282
513
2,216
-
2,729
493
8,773
505
-
9,278
9,719
30,271
-
-
30,271
15,685
9,940
-
-
9,940
6,194
15,360
-
-
15,360
13,968
-
-
-
-
-
778
-
-
778
336
206,751
21,730
-
228,481
177,288
2,500
-
-
2,500
2,400
-
-
-
-
-
2,500
-
-
2,500
2,400
209,251
21,730
-
230,981
180,623

Page 10

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF RAINHAM, DIOCESE OF CHELMSFORD

(Charity Registration No. 1127337)

ANNUAL REPORT OF THE PAROCHIAL CHURCH COUNCIL

FOR THE YEAR ENDED 31ST DECEMBER 2024

4 Staff costs

The PCC employs an administrator and a part time Hall Caretaker. The cost of the administration staff has been split between the running costs of the church and the church hall using a ratio of 9:1 based on tasks carried out. Staff costs for The Ship have been included in the expenses and overheads in note 3.

5 Tangible fixed assets
Cost or valuation
At the 1st January 2023
Additions
Revaluation
AT the 31st December 2023
Depreciation
At 1st January 2024
Provided in the year
Disposals
At the 31st December 2024
Net book amounts
At the 31st December 2024
At the 31st December 2023
6 Investments
Market value 1st January 2024
Disposals at carrying value
Purchases at cost
Net gains and revaluation
Market value 31st December 2024		 20%
diminishing
balance
20%
diminishing
balance
Freehold
Freehold
Church Hall
Upminster Road
Hall
Ship
TOTAL
South
equipment
equipment
£
£
£
£
6,471
82,500
1,680
90,651
2,220
2,220
0
0
0
0
6,471
82,500
1,680
2,220
92,871
1,008
1,008
336
443
779
0
0
1,344
443
1,787
6,471
82,500
336
1,777
91,084
6,471
82,500
672
0
89,643
Richardson
Stoker
Tithe Chancel
Total
2,170
1,740
12,444
16,354
0
348
348
50
40
284
374
2,220
1,780
13,076
17,075

Page 11

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF RAINHAM, DIOCESE OF (Charity Registration No. 1127337)

ANNUAL REPORT OF THE PAROCHIAL CHURCH COUNCIL

FOR THE YEAR ENDED 31ST DECEMBER 2024

7 Analysis of Net assets by fund
Unrestricted
Restricted
Funds
Funds
£
£
Fixed assets for church use
91,084
Investment fixed assets
Current assets
418,993
7,041
Current liabilities
3,275
-
Long term liabilities
506,802
7,041
8 Debtors
Income tax recoverable
GASDS recoverable
PAYE overpaid
Pensions
9 Creditors: amounts falling due within one year
Diocesan fees
Vergers
Wedding deposits held
Church boiler
December expenses
Independent examination
Audit fee		 Unrestricted
Restricted
Funds
Funds
£
£
91,084
418,993
7,041
3,275
-		 Endowment
Total Funds
Funds
2024
£
£
91,084
17,075
17,075
426,034
3,275
-
-
506,802
7,041		 17,075
530,918
2024
2023
£
£
10,037
8,932
963
247
70
-
112
24
11,182
9,204
2024
2023
£
£
-
401
50
-
-
100
-
-
725
145
-
280
2,500
2,500
3,275
3,426

Page 12

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF RAINHAM, DIOCESE OF CHELMSFORD

(Charity Registration No. 1127337)

ANNUAL REPORT OF THE PAROCHIAL CHURCH COUNCIL

FOR THE YEAR ENDED 31ST DECEMBER 2024

10 Statement of funds
Unrestricted Fund
General fund
Buildings capital
Church hall
Church Restoration
The Ship
Youth Worker
Discretionary Fund
Charitable Giving
Restricted Funds
Communications Project
Tower Restoration
Youth Work
Endowment Funds
Richardson Memorial
Emily Stoker bequest
Tithe Chancel Trust
Total funds		 Bal b/fwd
Income
Expenditure
Transfers,
Bal c/fwd
1 Jan 2023
other gains
31 Dec 2024
and losses
£
£
£
£
£
397,371
124,745
(119,158)
2,010
-
400,949
88,971
-
-
-
88,971
5,628
34,805
(31,182)
6,000
-
3,251
2,142
140
-
-
2,282
3,889
38,371
(49,390)
8,000
870
10,000
-
-
-
10,000
-
500
22
-
-
478
9,500
-
9,500
-
-
-
517,501
198,561
209,252
-
10
-
506,801
1,570
103
-
5
1,678
4,052
390
-
4
4,446
648
21,998
21,730
-
-
917
6,270
22,492
21,730
-
9
7,041
2,170
-
-
50
2,220
1,741
-
-
39
1,780
12,441
348
-
287
13,076
16,352
348
-
376
17,076
540,123
221,401
-230,981
375
530,918

Communications project

This fund has been set up to prepare for the potential costs arising to preserve the Church for use by future generations. During the year total incoming resources totalled £103 (2023: £49).

Church tower restoration

This fund has been set up to prepare for the potential costs arising to preserve the Church Tower for use by future generations. During the year total incoming resources totalled £390 (2023: £264).

Youth work

This fund has been set up to cover the costs of youth activities provided by the church. Net results for the year were a surplus of £268 (2023 deficit of £325).

Page 13

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF RAINHAM, DIOCESE OF CHELMSFORD

(Charity Registration No. 1127337)

ANNUAL REPORT OF THE PAROCHIAL CHURCH COUNCIL

FOR THE YEAR ENDED 31ST DECEMBER 2024

10 Statement of funds continued Prior Year

Unrestricted Fund
General fund
Buildings capital
Church hall
Church Restoration
The Ship
Youth Worker
Charitable Giving
Restricted Funds
Communications Project
Tower Restoration
Youth Work
Endowment Funds
Richardson Memorial
Emily Stoker bequest
Tithe Chancel Trust
Total funds		 Bal b/fwd
Income
Expenditure
Transfers,
Bal c/fwd
1 Jan 2023
other gains
31 Dec 2023
and losses
£
£
£
£
£
398,781
122,676
(119,586)
(4,500)
397,371
88,971
-
-
-
88,971
5,010
32,781
(17,163)
(15,000)
5,628
2,075
67
-
-
2,142
5,978
40,495
(42,584)
-
3,889
-
-
-
10,000
10,000
-
-
-
9,500
9,500
500,815
196,019
(179,333)
-
517,501
1,521
49
-
-
1,570
3,788
264
-
-
4,052
973
30
355
-
-
648
6,282
343
355
-
-
6,270
1,983
-
-
187
2,170
1,591
-
-
150
1,741
11,046
348
-
1,048
12,442
14,620
349
-
1,385
16,353
521,717
196,711
(179,688)
1,385
540,124

Page 14

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF RAINHAM, DIOCESE OF CHELMSFORD (Charity Registration No. 1127337)

ANNUAL REPORT OF THE PAROCHIAL CHURCH COUNCIL

FOR THE YEAR ENDED 31ST DECEMBER 2024

GALLEY
Donations and till receipts
Donations received from Fairtrade, Gifts & Cards
Other income
Grant income
Cost of supplies
GROSS CONTRIBUTION
EXPENSES
Repairs & renewals
Sundry
Wages
Gifts and Donations
Telephone
Refuse removal
Flat maintenance including cleaning
Water and Rates
Heat & Light
Services
NET TRADING SURPLUS
Flat Income
NET SURPLUS		 2024
35,443
2,928
38,371
-
16,138
16,138
22,233
2,480
72
20,938
-
-
-
2,301
870
4,687
1,903
(33,251)
£
(11,018)
9,600
1,418
-		 2023
34,336
4,494
38,830
1,665
11,839
11,839
28,656
2,828
409
20,400
-
-
-
1,277
807
3,284
1,740
(30,745)
£
(2,089)
9,600
7,511		 2023
34,336
4,494
38,830
1,665
11,839
11,839
28,656
2,828
409
20,400
-
-
-
1,277
807
3,284
1,740
(30,745)
£
(2,089)
9,600
7,511
9,600
7,511

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