Parish Church of St Peter South Weald Annual Report and Financial Statements ofthe Parochial Church Council forthe year ended 31st December 2024 R8gisternd charity no. 1127815 The Vlcarage Wigley Bush Lane South Weald Essex CM14 5QP The Revd Justln Hutcherson Tha Wicarage Wigley Bush Lane Essex CM14 5QP Bank: CAF Bank Ltd 25 Kings Hill Avenue Kings Hill West Malling KenL ME19 4JQ Independent Examin•r: Sally Laycock ACA Contents Pag• Annual Report Statemgnt of Financtyl Adr41t￿S Balance Sheet Notes to the Fwiandal s1ateff￿nts l Accounting pokns 2 Income and 8ndown￿nIS 3 Expenditu 4 Staff Gosts 5 Flxed 8￿1$ foruse by the PCG 6 Fund dgtals T Anaty&s of not assets by fvnd 8 PknvetM¥nl ill Unrn$t￿led funds 9 A4)vernnl in restKl8d funds 10 D6blo 11 Cmdito 12 kWite-b8ck 01pa￿ sharn 10 10 10 Independent Examinees Report Appondlx Inf0Mwt￿n in th￿ sectK)n is for mlernnc• onfy 8nd does not fom? part or the independently ex8nyn8d annual Trport. AAI infonr•tKin In the Appendix Is shown on an 8CCIU8ts baws unless olhon4sse slated. 1th￿S￿¢ted lund estkn*tes for conthg year Fiiends of St Pelarfs account Palmnal Fest1￿1 aco)unl A1 A1 A2 St Petarfs ChurGh, South Weald Annual Report of th• Parochial Church Council for the Yoar Ended 31 Docembor 2024 Admlni•tratlve Inlorniallon: St Petrfs Chur¢h is situabJ in Weald Roaj. Soulh Vkatd, Brents¥ocAI. It ts part of the Diocase of Chelmsford within Church of England. The corresp)ndenco •Jdress is The Vurage, ￿g￿Y Bush Lane. South W￿ld, 8renbMood CM14 5QP. The Par￿h￿￿1 Church Council IPCC) is a ¢harity registered wrth the Charity Commission. PCC who have served from 1 January 2023 unb"l tho dai• thii report was approved are: Ex Offlcio Idwnb•r4 The Revd Justin Hutchefson Itw- from September 2024 Michad Bitschiné Syrn 11 RusseEI Churclwrdèn Kèry Objfidd 'leen Tyter Sh*la Homsby Chrk% Luck Cow: AndbY* Hill El•ct•d M¢mb•r4: Nigel Bennett Daniel Gri8t Andrew Kalherine Hill FeliGia Onyechere Louise Bowyer IAichael 8ri8ley CelK8 8urrell Ruth C*tsr Chrissy Gelderblo¢m to APCM 24 Nail Homsby 41rian Latchu Erta Taylor4ta Sirrth Tyler Gill Brtschino Adnan Cla Hel•n Conl¢)n LW Fakon Llz 8enn¢tt from APCM 2024 From Juty 2024 StNctur•, gov•m•nu and M•n•9•M￿ Membets of Ihe PCC are either 8x-offielo. CCtrOPted Of 6￿cted by thè Annual Parcthial Church Meets'ng {APCMI in aCC￿danCe wth the Church Representab'on Rules. All Church attendees are erKouraged to register the Electoral Roll and stsnd for elecb'on lo the PCC. PCC members are fespMsiblè ft>r makirs decis￿￿4 on all m•tt*r5 of 9eneral concwn importanr* to tha pari8h. Glven Its wide resFonsibilths, the PCC has a n￿rn￿r of Gommittees, each dealing with a partthlar asFttt of parish lif•. Thesè committees, which kM)k at worship, educatlon. outreach. pastoral, environmentsl. finance ar￿ ryemi$69. are all fe8rth$ible to the PCC and reFQrt back regulaty wilh rrthnutes of thetr nxelings belng received by the PCC members and dl8¢ussed as n￿Ssary. The full PCC mel SIX Ilrrns durln9 the year in the Belll Cèntre wth an érage attendanco of 71%. ObJ•ctlvM •nd •thttlM: The PCC is committed to rt•ling as ffrdny people as possible lo woryJhip at our church and to become part ol our porr4h community. The PCC maintsin• •n ¢)vervrvw of worship and mak•• suogestion8 on how our sepéw can invofve the mary groupg that Ir4e within wr parBh. Our services and worship put faith ir)to ￿tica through prayer and •criptur•, and 8xr4m hen planning our xtivilies for the yw, the ir￿￿kn9nt and the PCC have considered the Charity Commi88K?n'8 guidance on public I￿nefft WKI the sp6y1￿ gulaan￿ on charthgs l(Y th8 thancenth of religwjn. In parb'cul8r. we ty lo enable ordnary people lo live out Iheir faith as part of our partsh communty through". wornhip. prayer. loaming about the faith and ffwiual support in their Christian i¢)um8y¥', support of our church v¢Juntary•aK8ed Fxim8ry proviston of postoral Ca￿ for Féople liwng in the parish,. mis3k?nary and outreach work. Achlov•m•nts and p•rfornMnc•: The adv•lising ￿yo¢¢$8 to firkd a started in Febnjary. wlth candidatss being inteprfth¥ed in April. Th8 position was offered to the ReWd Justin Hutcherson, weviousty the Incum￿Tht at St Jarres, CLgcton. He accep￿￿ and. with hi8 famity. moved into Ihe Vicawe in August and wa¥ inslalled in September as Vlcar lo St Petsrfs and Priest in Charge * St Ge￿ the Matyr, BrentWOCxd. Worship: It wa5 repyied at the April APCM that there We￿ 218 ￿pIe on the e￿ra1 roll ot ￿lch 136 INed outside the parish {59%1. Tho Intfjrrognum Group o)ntinu¢d to organis¢ s¢p4vs and be r¢spM6ible for the general running of the church u? until tr* instsllation ol our ne4V Vw. In the four rmnths since his arrival, Rev Jusbn Hutc1*￿ has a nuthr of changes Indthling reintroduung the Vkdnesday CommunK)n serv￿. combining the Cnb and Chnsts'ngle Chrthos ser¥Kes, replacing the various seasons 9.30 servK* cards with a w'ngie Card. reinventing the children's Sunday Groups. n￿VIng the Creche to urnler the T¢xer, introduL¥ng a (y)rry)uter program￿* called ChurtiSutt6 to bring the various strands ofthwth admin together and l•. rninilxcing our Sabjuarding syste Pa8toral: The June Patronal Feslr¥al weekend, with the theme All thmy wt and Poautrful- C81obrnt￿9 60 years ofourPaln>n81 Festival. was very popular. £16,424 was ralsed to be shared equaty betsveen the church and school funds. Other events taknng • during Ihe year In￿L￿￿e￿ the Easter Meal. a Pente¢￿t Bftng and Share Lunch, an Autumn Craft Event whth proved very Fopular with wmpkln de¢￿aUn9 and vBrious activitye8, Harrfost BriThJ and Share Lunch and a Supw Quiz. St Potels Church FarAtrf￿k conlinu&l to be uwl 8Xten8Nety to update pe* on wthat was hap￿ning, tyjether wlth the pwish webslto. The Gharities supported in 2024 were Farnsharn- a na￿onal rth￿r￿ to redlstribute surplus food from the food Industy lo communlty groups, LN8tslrfy- whth enab*s peopk with disabilitss to INe the life they want lo lead and A Roth49- a Christiw charity worklng f ON INVESTMEPWJ 226 1.029 1.255 2,856 NET INCOMW(EXPENDITURE) 21,026 10,735 1,029 32.790 5,340 Y•lllTE4ACK OF PARISH 8HARE 12 NET WVEMEKf IN F1Th4DS 21,026 10,735 1.029 32,790 5,340 BALANCES BROIJGTrrr FORW*RD AT 1 JANUARY 2024 90,523 444.576 23.893 558.992 553.652 BALANCE8 CARRIED FORWARD AT 31 tECEMBeR 2024 111 549 455 311 24 921 591781 558 992 Balance Sheot At 31 D¢¢em￿r 2024 2024 2023 FIXED ASSETS Tangible fred assets Investment assets 51a} 5{b) 400.000 400.000 433 074 431 819 CURREKf ASSET8 Oeblorg Cash al bonk and In hand 10 8.474 151 209 159.683 6.687 120 806 127.493 CREDITORS Amoupifs FALLING DUE WITHIN ONE YEAR 974 320 NET CURRENT ASSETS 158 709 127 173 NET ASSETS FUNDS unreSt￿led Reslrl¢ted Endowment 111.549 455,311 90.523 444.576 Approved by the Parochial chu￿ coun￿ on ... and slgned on its beham by Rev'd Ju Hutchemn. Vur n Tykr. T￿aSu￿r Notes to the Fnanual state￿nts For the year endeil 31 Detyr￿er 2024 1 ACCOUNTING POLICIES Th• PCC Is • prtslK b•noft •Nty wlhSn th• mwir¥ cl FRS 102. Th• fin•v¥ ¥t•l*Aiiei*s h￿tr pr•w6d uThJ•r th• Ch •cccfdan¢• with Ch￿b A¢¢ehJrfng R•gul•tw* 2CQ6 go¥f4T¥ry th• Pccs. wqth th• P•wl•th prwrJiw4. Ihtrrf h•w• b••n w•pw•d FPS102 IX161 w th• ￿tIbl0 th• 2018 a¢tr Rrf4ymrn•ThJ•J Pre£ti2•. Act￿nI¥￿j R•ptyiry by {SORP IFRS10211. FUIIDS The oewa5 finuls ￿￿¥￿￿n1th& furth oftr* PCC that w• nLI SL*ct io any T••trk*rfw regardlw I￿r •ppk&Uw on th9 9￿￿al ofth• PCC. F￿¥19 da8lprthJfor a Pu￿0￿& by ts PGG wo unr INCOME AND ENDOIWaEKf8 CoNaL*k)n6 arn T8cogn188d 7knn by bthalloftr* PCC. Pl8nwl gmw ￿KI￿r GIIAd Ib PCC arn •Ce￿un￿d 8oon •• PCC [8 r*ollll•d ol MB ljgd onthl*r*nt, th• du•18 qLMnllfiablg and Ila 0ts1gmgnt¥. R•911se(J Of ltyss¢s we rwnl8ed t*then w• •dd. Urmknd Irme6tr0 a¢>xunt(*l ts on InveslTrwnt8 at 31 ￿T. EXPEN$es Ornnts Gr￿1& and donalkrf￿ k)f pad rA*r. Wth•l thwd 8 bknlkng Otl¥*lk)n to Aetlvltkn dl1KtyT￿rt1￿g to IlJ• wort rfth• Th• p•r&h •tsxJurrted Irw PA•J. Any ￿ 8hw• 31•t b• wovthd fr *Cr￿j￿18 as •n wralronal Ith)uth not IWI liJb4ty b• a• a In ￿ bolan(• *tlef doth trdJ liat*lily that }• deemed to bo ￿ I￿Or poyatlo tyy thg PCC. FIXED ASSETS C￿#¥crat￿proPWfyaThd n￿v•bI• chur¢h fvmlsNrys c￿s￿led and pror•Y(y ol any fr•m tho ar￿1￿# ty •10(2M41 and lel oflh Cl*arlil•• Ara thurch lurni•hirr4s hdd by the Vic*r and on •p•cknl Iwu8t Iwth• arnl r•wire a fa¢xliy fof G4 a¢o￿nig￿ a5 In￿￿3￿1& proF•rty **. Ikited in IhÈ churth In¥•nI￿ c4n ba In￿£￿et re0K¥￿• Ilml. F(* inal*natAo wcyerty •(wkfAI to 2Cm th•r• • in>Jffi(ionl c￿1 Inf￿Ort *gilablo and thor •55ets are rK)t vohJ¢*J Ac¢vunl•. liem• aCq￿￿d *nce 1 J8n￿ry 21M) tyro ar## d•w•tht4d In Il* oeet ontKip8tsd ujolul ¢0)n￿rIC *"ves on a ba%16. AJI In0J￿￿1 itl Ihe Oil OT b￿ofit Gaixi•I sjfidor £1.QLK or th• tsP%Mt or £hwth kni6hir¥s bts off. Notes to Ihe Flnancial Statsments (contlnued) For the yoar enthd 31 ￿¢0Mb•r 2024 INCOME AND ENDOMIEPTr3 Unr••- trl¢l•d Fund• TOTAL FUNDS trlctod Fund• 2024 2023 2(8) [￿n$t￿)n8 and Leg8WS Planned gmng Tax recI)verab￿ upon planned gvfflg Other giv￿g, inchjdng payrol givng Collecltr)ns al Ser￿￿8 Donal*)ns Tax recov8rnblo othei than upon plèoned grii)g Legacl8S 62.445 15,049 4.675 2,851 2,522 9,019 0 62.445 69.931 0 15,049 18,321 4,675 9,774 2.851 8,168 11.353 13.874 7,751 209 9,228 4,564 11 561 ###### 116509 2(b) Other trndlng 8Ctwrt￿s Palmnal Festb481 weekend Auluft￿ Fayre Friends ol St Pelerf8 8elli Centro lets Other fundr8i8kng 16.379 1.049 16.379 32.757 24,783 1.049 600 979 8.767 9,888 517 667 16 374 43 085 36 917 8.767 517 2{¢) Incom8 from chuffh adfvts8 PCC Stalulory Fees Fees for heating, vKleo and sU￿lUS other fees, etc. Magazine Sales n thurth of volfve CBndlB& magazines. etc. SeThlce relteshThnls Surplus on non4undTrlskng events 3.978 3,978 480 3.825 890 480 30 952 30 952 33 845 480 2{d) Incom Imm invoStn*nls Dividends and nlerpsl Varge¢5 Cottage renl 2.934 576 3.510 1,700 576 13 218 TOTAL INCOME AND ENI)OW1￿F¥Y8 44 Notes to the Flnanclal SLqtsments (cortlnued) For th• y•ar eNlod 31 D•￿mb*r 2024 3 EXPENtXTURE TOTAL FUNDS tri¢l•d Fund¥ Fund¥ 2024 2023 3{a; Expenditurn on Rathg lunds Envek)pes Patron81 F081ry81 Otherlundrni&ng 193 8,167 100 193 16.334 100 8,167 9.715 31bl Expenditurn on Chuffh adMÈ*s t*'oc*san parnh share Choir. organ and ￿'￿(￿rOf Mu Cost of sgNres Sunbe8n￿ P8r8nl and Toddlgr Group 'sgon and trO￿ng. inc. thik1rgn's groups Pansh events Chani8blg gNing Heal￿g. Iyhling. ￿$￿I￿n(￿. thaning. watèr Maintenance and rnpair8 Working expenses of In￿rtIent Vicaroge - aLgrn. IrBdor frts￿r. deL￿r etc. Vèrgerf8 Cottage he8lffig. hghtr￿g. n8uTrn Veryerfs Cottage r8p8Ks and rrfjintonance A*Jnlnislratron hgazin• costs P8trono1 Fe$tpMI- 8Ch¢￿ Sharn of SUfptyJ8 63.488 6.084 4.560 1.927 395 473 5.291 14,939 6.908 37 8.730 367 350 63.488 6,084 5,258 1,927 875 473 5.291 14.939 7,680 37 8,730 367 350 1.518 61,530 5.648 2.100 1,604 607 298 1.340 18.824 45,740 28 714 1,627 8.100 72T 38 698 772 154 114913 125 228 154462 TOTAL EXPEMMTiAIE 1 The partsh sharn for 2024 was £63,488 and this was pa*J n lum. A further£5.000 parish sharo VAS pa¥J al the yearend on behaw ol Sl G•ory•'¥ Churth. N(kn8 to the Financial Statements Icontlnued) For th• y•ar •nd•d 31 D•c•mb•r 2024 5 FIXED ASSETS FOR USE 8Y ThE PCC Frn•hold land and t￿IldI Chw¢h 2023 5(8) TangKJb fixed assets At 1 Jan*Jary 2024 Revalua￿￿ Addit￿n8 or di8POS8 Al 31 Decert*er 2024 400.000 400,000 400,000 400 000 400 000 400 000 The martet reWaknat￿n was knst undertaken on the 17th D8cerrtJer2020 by Joe Hayes at Ba￿ore8 Estate Aoents, 51bJ Inveslrnnl fixed a¥¥ets Martet value at 31 DeceniTrer 2024 Unr•slrlet•d Fund• R•slrlct•d Endawffl•nt Funth FundB Total 2023 BLK Cherrt￿$ UK Bond Fund CCEF Funds 1.065 1,065 Fu￿ DETAIL8 Unr•*trl¢tsdl dFun R••lrl¢t•d Endty*m•nt Fund• T•l•l 2023 G•n•ral F•bdc For the upkeep ol the C*ur¢h pmpgrty 67.789 38.401 e7,789 54.587 46.770 54.245 5.132 11.054 Church Rool RepLqcerronl of thurth ￿01 Frl•nd8 of St P•t•rf• For lh¢ ￿n8&￿eth)n 8nd devek¢prrnnt of the chur¢* bulkJ4ng 10.000 10.000 12.921 12.921 11,912 B•lll C•ntr• *lntsn•n¢• 8•lfry Res4lue frDm 1988 appeal for bol reStorat￿n Churchyard Forupkeep of Chu￿ grtveyardg Gulld of Ch*ng0 Rlng•rn For ￿sts rel8ts.ng to bo15 l rfng•r5 Chan¢•l For repairg to the ￿anCe1 Olh•r V•rg•rf* CaOag• 3,000 10,941 3.000 10,941 10.941 5.058 5.235 10,292 9.887 1.146 1.146 1.148 8.152 8,632 16.785 15,973 2.359 1.961 400.000 4.319 400,000 5.117 400,000 455311 591 781 558 992 Notss to tho Financial Statements (cotttlnued) For the yoar ended 310oc•mb•r 2024 ANALYSIS OF NET ASSETS BY FUND Unrostrlctod Funds Restrlctsd Funds End(MTmorrt Funds Total Fixed Assets for Church use Inve$lment Fixed Assets Current Assets CAJrrenl LIabHi￿8 400,000 8,152 46.885 274 400,000 33,074 159,682 1974) 24,921 112.797 (1.248) Fund Balan¢• 111 549 455311 591 781 8 MOVEMENT IN UNRESTrICTED FUNDS General Fabrlc Total In￿￿￿ng resource$ Resources expended Surplus1(def￿il) for the year Imite-back parish share BaLgnces at 1 January 2024 142,241 121222 21,019 2.158 151 144,399 123 373 21,026 B81ance8 at 31 December 2024 111 549 MOVEMENT IN RESTRirfED FUNDS Frl•nd• of St Poterfs Fabrlc fijr Funds Total Incomlng resources ResoU￿e$ expended surp1usl(def￿ttl for the year 1,175 27,816 316 20.500 28,991 (9,991) 10.509 BaL8n￿8 al 1 January 2024 44,576 Reva￿all)n of w)vostrnnts 226 226 Balances al 31 Decomber 2024 55,311 Fixed Assels for Churth use 400,000 Total reslrfcted funds at 31 De¢enrt)er 2024 Notes to the Financial Statements (continued) For thfr year ended 31 D•c•mb•r 2024 10 DEBTOR8 2024 2023 InC0￿e tax ￿Cove{able Grants Other 1,264 1.270 5.207 210 11 CREixfoRS 2024 2023 AMOUNTS FALLING DUE WTHIN ONE YEAR Parish Share due ojrrent year Palish Share due pib)rye8 Other ¢￿di(0 Defe￿d ￿c0 974 320 12 WRITE4ACK OF PARISH SHARE In 2024 £- r8lattng to the Patsh Shan 0￿d from prevkjus yearyJ back (2023 - £-). 10- CHARITY COMMISSION FOR ENfjLAND AJ40 WAIES Independent examinarfs report on the accounts Section A Independent Ex3mincr s Report Roport to tho tru•t••• Parish Church of St Peter South Weakl On accounts for th year •nd•d 2024 Charlty no 1127815 S•t out on pa9•8 1-10 I report to the trustees on my examination of the accounts of the abov• charity {Ihe Trusf} for the year ended 31112r2024. R•8ponslblllUM and b4818 of report As the charitys tnjstees, you are responsible for the preparation of the account8 in accordance with the requirements of th8 Charities Aci 2011 ('the A￿). I report in respect of my examination of ts TnMf8 accounts carried out under section 145 of the 2011 A(* aThJ in carrying out my examination, I have followed all the aP￿1¢able Dir•Gtions 9ivan by th8 Charity Commi8slon under 8e(#bon 145(5)(b) of t￿ Act. Ind•pond•nt •xamlnorf5 8tat•rnont I have compkled my examination. l (x)rfimi that no Materf￿ matters hav come to my attention in ￿nnectIOn with the examination which giv85 me cau88 to belteve Ihat in, any material re3pe¢t'. th• accounting rocords not kopt in accordance wilh 8ection 130 of the Charities Aci; or the accounts did not ac¢ord wrth the accountiNJ r8cord$', or the •ccount$ did not ¢tynply with the applicablo requiremonta concerning the form and c￿nIent of accounts 38t out in the Charrties (Accounts and Reports) Règulations 2008 other than any requirement that the accounts give a Irue aKI fair view whi&t is not a matter con5m￿￿ as part of an independent examination. I have no concerns and have comè auoss no other matt8rB in connection with the examination to which attention should be drawn in thi8 report in order to enable a proper understanding of the accounts to be reached. Slgn•d.. 2210312024 Nam•: Sally Laycock R•lovant professlonal qu•llficallon(•) or body {M any): ICAEW Addr••8: 1 South Weald Rd E888x, CM14 4QZ -11- Esljmated 2025 2024 Unrestrlctod Unrgstrlclod Funds Funds INCOME AND ENDOY4MENTS Donalh)ns and Legau8S Other Iradwig actNitss Income from Church actNiIi9S fft)m investThnts 2(a) 2(b) 2{c) 2{d} 100,000 25.000 8.000 3,000 97.560 28.712 7,486 12,642 TOTAL INCOME AND ENDOWMEpirs 136 000 144 399 EXPENDITURE Expenditure on Raiskng funds Expendrturo on chu￿ ac￿*￿5 3{8) 3(b) 9,000 115.000 8,460 114,913 TOTAL EXPENDITURE 124 000 123 373 NET INCOMEIIEXPENLXTUREI 12.000 21,026 NET GAIN8 ON INVESTMEKrn NET MOVEMENT IN FUNDS INCOME Subsuiptions Events Incom9 lax Trcovornble Other 2024 2023 980 949 249 30 2,207 805 209 161 1.175 EXPENDITURE Donal•)ns Events 11.166 531 531 11.166 SURPLUSI IDEFECM OF INCOME OVER EXPENDITURE (9.991) 1,676 Total rnserye$ at 1 January 11,912 10,236 TOTAL RESERVES AT 31 DECEMBER ¢omprlslng Cash balance al 31 Decert)er An￿￿nI due n Gift A¥J 1921 1,464 457 11.664 248 B•rry Knlghl Troa8urer Thi5 page is for reference onty and does not fom7 part of the ndependenty exarmed PCC annual rpport -A1- Patr IFO 2024 2023 INCOP PTr/posl ￿ekend Coftc•rt Go Art Prevbw evgnlng S*j8Sho￿ an¢J slats RefrBshfrnnts Entrancè Fun wn Stal at thur¢h ROfr98hn￿nts thurch Art exhbttKin BarberJJe at The 8ul Churth Churc* platè Cbnatk>ns •hga rafi Ploughrron's knnthe$ To%￿r Glt Akl Matc*ed fund￿￿ 490 14.038 143 4.178 2.185 514 2.717 601 7,997 Ffid8y S8luftlay- Fe¢8 2.963 1.815 416 2.614 205 378 223 300 1.859 441 2.720 508 772 78 239 500 Sunday 492 345 380 1.803 521 3.460 715 64 213 500 32,757 24,785 EXPENDITIJRE Pre weekend Conc•rt Go Art pre￿W evening SKje8hO￿ Bnd 8talJ RefFByhmenls Fun run Rofro8hThnls Art oxhOltk)n Church Ik14￿ PhJughfflan's hJn¢*88 Gener81 expon868 184 11,164 46 838 1.178 1.382 232 5,846 32 134 808 1,206 18 Friday satu￿0y- Fete Sunday V•pokgnd 1.360 132 50 1.254 130 57 16.334 9,715 SUIIPLUS OF INCOME OVER EXPEPK)ITURE ALLOCATION OF SURPLUS St Peiorfs Chur St Petels School A88ocialon St P8tetr$ School 8.212 4,106 7,535 3.767 Katherlne Ball, Troasurnr ThL8 page i¥ for refernn￿ only and does not fomi part of th8 qidop•rtdentty examiied PCC annu81 rèport