## **FINANCIAL STATEMENTS AT 31 DECEMBER 2023** 

_To know Christ better, to make Christ better known_ 



THE PAROCHIAL CHURCH COUNCIL OF ST MARY'S CHIDDINGFOLD
TREASURER'S REPORT- 2023
In my 2022 Treasurer's Report15aid that the year had been 'challenging economicallv. Now, a year
later when a deficit lie an excess of expenditure over income) of £9,157 has occurred l am disappointed
to have to report that. for a number of reasons. St Mary's has continued to suffer the efferts of the
general economic climate. In summary. it is clear that almost all the income streams fell by a few
percentage points and, despite the efforts that were made to control the expenditure, of necessity,
several of the expense items increased. Two major conseqLJences of this were that. towards the end
of the year, the PCC was obliged to conclude that li) there were insufficient funds available to meet the
full amount requested by the Diocese for Parish sha￿ ie £95.357 and lill the budget for Outreach Givin8
and Support Funding to external charitabie or8anisations would have to be restricted to just £2,500.
More positlvely l am pleased to report that. followin8 receipt ofsome generousgrantsfrom The Friend5
of St Marys, The Community Foundation for Surrey and Chiddingfold Parish Council, the PCC was able
to commission some much needed repair work to eight of the barrel gravels in the churchyard. In due
course it is hoped that others will be attended to but those which have been done now are definitely
very much improved and the PCC has expressed its gratitude to each of the or8anisations concerned
for the assistance they provided.
Another encoura8in8 Item is that the receipts from the Donations Card Reader (located adjacent to the
church door) increased si8nific3ntly from a weekly average in 2022 of £25 to approxirnately £65 in 2023.
This almost certainly reflects the national trend away from cash and, consequently. the PCC decided
that, for an experimental period at the beginning of 2024. the default amount would be increased from
£5.00 to £10.00. As I write this report (in February) the exFeriment is still in train so the results are not
yet available but. in due course, it will be interesting to determine what effect. if any, the change has
on the weekly total.
One of the factors which contributed to the deficit in 2023 was that the income from Fundraising
Actiwties declined because of the lack of volunteers to lead and cO￿rdinate them. The PCC is hoping
that this will be addressed in the comlng year and. meanwhile. every effi)rt is being made to ensure
that a ran8e of events occurs in 2024. One such is a Stewardship Campaign in the Spring to raise
awareness of the church's financial position, both within the membership and across the Parish.
Throughout the year careful attention was given to every aspect of the expenditure and consequently
l am pleased to report that, apart from the cost of the barrel grave repairs which as I have mentioned
already were fully funded from some generous grants, the total of the Resources Expended was almost
2% lower than in 2022. That said, a few of the individu31 line items increased significantly. For example,
both the Utilities and Office Administration costs nearly tripled but one that the PCC was especially
pleased to authorise was the appointment in the autumn. on a part time basis, of Philippa Fraison to
the role of Youth & Children's worker. The PCC remains very committed to thi5 aspett of the church's
ministry as it recognises that todarfs children are tomorrow's church members.
Towards the end of the year it became neCe￿ary to withdraw some of the Reserves in order to meet
the day to day expenditure but the PCC'S previous￿ stated policy: to retain a Designated Emergency
Reserve Fund of E25,(XX) within the CBF Oeposit Account- was maintained together wlth certain other

nominal amounts that have been set aside for various designated costs. Overall therefore, St Mary's
remains solvent despite having sustained a defiCIt in 2023 but it is clear that, in order to redress the
situation and maintain a healthy financial position, further steps need to be taken to increase the
Incoming Resources.
On a personal front I must advise that, although it has been a great honour to serve as the Treasurer of
St Mary's for the last two years land Assistant Treasurer to Gilly van Oppen for two years and Mike
Jones for four) I have decided that the time has now come for me to step down in favour of a younger
and more energetic person. Consequently, I have indicated to the PCC that I shall cease to be the
Treasurer of St Marfs with effect from Sunday 28th April 2024 ie the date ofthe Annual Parish Church
Meeting.
l should like to place OD record my thanks to Rector Rachel for the confidence she has placed in me
whilst I have been the Treasurer and. at the same time. to thank Gilly van Oppen who, having stood
down from being the Treasurer after preparin8 the 2021 Accounts, kindly agreed to continue as the
Bookkeeper when I took over at the be8innin8 of 2022. 1 said13st year that. without Gilly's widespread
knowled8e of the villa8e and dedicated commitment to ensuring accuracy in everythin8 related to the
accounting function, I most definitely would not have been able to take on the Treasurer's role and I
have no hesitation at all in repeatin8 those words now. Throughout 2023. Gilly has remained an
invaluable part of the Treasury Team. often workin8 late into the ni8ht to ensure that payments are
made and the records maintained. Thankyou vÈry rnuth Gilly for all your hard work.
Flnally, l am delighted to confirm that. once again, Tony Kelly FCA has agreed to act as the Independent
Examiner of the Accounts and all the supporting documentation. The PCC has acknowledged its
8ratitude to him.
Gerald Wllllams
Treasurer, Chiddln8fold PCC
Bankers".
Lloyds Bank PLC
49 High street
Godalming
Surrey GU7 IAT
Independent Examlner:
Mr A Kelly FCA
Maple House
2 Woodberry Close
Chiddingfold
Surrey GU8 4SF

THE PAROCHIAL CHURCH COUNCIL OF ST MARY'S CHIDDINGFOLD
INDEPENDENT EXAMINER'S REPORT
Thi5 report on the Accounts of the PCC for the year ended 31 December 2023, is in respect of an
examination carried out under Regulation 313) of the church Accounting Regulations 1997 to 2001
I'the Re8ulatioris") and 5.43 of the Charities Act 19931.the Act.)
Res
ectlve res
onsibilltles of the PCC and the Examiner:
As the members of the PCC. you are responsible for the preparation of the Accounts.. you consider
that the audit requirement of Regulation 3 131 and s.43 121 of the Act do not apply. It is rny
responsibility to issue this report in accordance with the terms of Regulation 25.
Basis of thls Re
ort:
My examination was carried out in accordance with the General Directions given by the Charity
Commission under section 43171 Ibl of the Act to be found in the Church Guidance 2001 edition
issued by the Finance Division of the Archbishop's Council. That examination includes 3 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 seekin8 explanations
from you, a5 Trustees. concerning any such matters. The procedures taken do not include 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.
Inde
endent Examlnerfs Staternent..
In connection with my examination. no matter has come to my attention:
111 which gives me cause to believe that, in any material respect, the requirements lal to keep
accountin8 records in accordance with section 41 of the Act and Ibl to prepare Accounts
which accord with the accounting records and comply with the requirements of the Act and
the Regulations have not been met. or
121 to which, in my opinion, attention should be drawn in order to enable a proper
understanding of the Accounts to be reached.
Maple House
2 Woodberry Close
Chiddingfold
Surrey GU8 4SF
A Kelly FCA
Chartered Accountant
Independent Examiner
cl&ltg-

FU(ED ASSETS
IXIRRÉNrwEIs
AND ￿lIK ￿LANCES(N(Ye 11
(JF DEPO%T ACCOUNTS
CBF 1Tr4VEsfMENT FU14D
MAGA21NE ACCOUNT
DEBfops (Note 21
tEssaiE(XTORSINL*È 31
21.914
46,168
1.392
37.W
2.S28
4,616
-2.114
-16.195
TOTAL NET ASSETS
s3.￿7
61,
AEPRESEIITEO BY
UTrIREsfFUCtEO FUNDS
AESfRICTED FVNOS
41.377
12.435
50.529
11.159
TOTPI FUNDS
61.
.qi
GENERAL FUIID
LANCE 81F WD @I l JANUI
INCQMING REY)URQS IN￿• 41
LE&S.. RESOURCESEXPENOED (Note 71
NET SUPPLUWEFIQT FOR THE YEAR
LANCE C/FWD @ 31 DEUMBER
5Q529
44228
I20.2￿)
124.495
. 122.194
2.301
-9.157
-9.157
4J.372
50.529
TOTNI UNRE5TRICVED FLWIDS
413
SADLEII BIqUf5T IOIUROIYARDI
LANQ WFWD @ I IAP4UARY
INCOME FROM CBF UNITS
UNIT VALUE INCREA*MQ*EASE
LANCE QFWD @ 31 DE(f M8ER
210
314
6564
6fi39
CAMnELL-ORDE •EIXI
LANCE CIFWD @ 31 DEQMBER
VESTRY REFUROISNMENT FUMD
&4LANCE QTWD @ 31 DE￿￿8E￿
2.29)
2.250
•EU5 & ORGAN REPAR FUIID If1th91
CANCF QFWD @ 31 OEff MBFR
COp•MjN￿ FOUIIDAIK*4 GRAvr
41ANCE BIFWD @ I IANUAAY
LESS PROJECT FUNtXNG
IIALAIKE fiFWD
345
-345
ys
345
TOTAL RESTRThD FU14DS
JU35
ii.
TOTPI FUNDS
53.807
61.

LLOYDyfSB
&4NTANt*VGIRO
8.845
21.546
130
238
783
21.914
OEOTORS
AGENCY COLLEcfioNS
FUNERAL COSTS
GIFT AID
740
182
3.694
4.616
aiEDITORS
DIOCE&4N FEES
PARISH SHARE
AGENCY FUNC6
UTILITIES
STAFF. MINISTERIAL AND OTHER £XPENSES
554
12,¢JJ)
855
746
512
li
1,786
16.195
INCOP•WNG RESOiIRCES
REGULAR PLANNED GIVING IRPGI
COLLECTIONS
GIFT AID
WEDDING & FUNERAL FEES
GENERAL DONATIONS
DEgGNATED DONATIONS & GRANTS INote 61
LEGAOES
INTERE
MAGAZINE INCOME
FuND￿r￿NG A￿1VITIEs INcrte S}
CIIURCH ROOM RENTALS
VE￿ER FUND INCOME
SL91S
7.675
13.623
3.649
7,204
IL584
55.469
9,784
13.758
5,176
7.248
3.324
1.314
15,016
5.474
2.231
639
16,565
8.337
3.235
460
124 495
FUNORAISING *£TM71ES
INCOMING FUNDS
LESS.. COST OF GENERATING FUNDS
6.134
10.052
-1,715
5,474
8.337
OÉSIGNATED DONATIONS & GAAPITS
FRIENDS OF ST MARY'S IBarrel Graves I
COMMUNITY FUND (Barrel Gravesl
CHIt)OlNGFOLD PARISH COUNCIL18èrrel Graves)
CHIDDINGFOLD PARISH COUNCIL Ichurthardl
COMMUNITY FUND INotice Board I
COMMUNITY FUND IHeann8 Aid ainicsl
GODALMING OEANERY Iyouth
CHIDOFEST (Church Mice)
WARGR4VES COMMISSION
7,377
495
212
12
12
IL
3,324

RESOUR(ES EXPENDED
•NISTRY
PAR15H SHARE
MINlSfERIAL EXPENSES
75.(KQ
3.178
3.732
78.178
SERVI
WORYIIP MATERIALS
ORGANI￿& c￿lft
YOUTH
2.679
3.774
3,967
1.548
2.970
1,858
20
6376
OIUROI BUIiDIP46
INSURANCE (Note 81
REPAIRS & hAAINTENANCE
UTILITIES (Net)
FLOWER FUND
CHURCHYARD
&4RREL GRAVE REPAIAS
2.119
1.533
2.695
3S2
3.221
3.185
7.4
9.377
9920
OIUR()I ROOM RUNNING EXPENSES
1.752
1752
1.542
ADl•YNtsTRATION & SUPIDRIES
OFFICE ADMINlSfRA TION
STATIONERY & PRINTING INKS ETC
ONLINE EXPENSES
CLERGY TRAINING C05rs
AFF COSTS
AUDIO & IT
FOOD & FELLOWSHIP COSTS (Net)
2.244
789
778
2.$82
1,155
6,321
150
471
6,120
75
11,649
MAG*21NE ÉXPf NSES
9,529
9￿9
OUTREAC&I SUPPORT (Nrte 10)
TOTAL ReSOuR￿ EXPENDED
129A47
2.194
ASTHE INSURAN￿ PREMIUM IS PAID IN MONTHLY INSTAL•AENTSTHE AMOUNT OUTsfANDSNG AT THE END OF
rHE YEAR WAS TREATEDASA CREDITOR UNTIL THE END OF 2021. IN 2022 IT WAS DEODED TFWT THE FULL COST
OF THE PREMIUM SHOULD BÉ INCLUDED IN THE ACCOUNTS WITHOUT ANY CRELITOR BEING CARRIED FORW ARD.
CONSEQUENTLY, AS EXPLAINED IN TItE 2022 ACCOUNTS. THE AMOUNT WRGEO FOR THAT YEAR ONLY1£2.1191
WAS %GNIFICANTLY LOWER THAN THE UWAL AMOUNT OF OtfA £3.*)1
IN PREVIOUS YEARS THE BELLS & ORGAN REPAIR FUNO WAS INQUOED WITHIN THE GENE￿L RESERVES
BUT IT HA5 8EEN DEaDED THAT. FOR CLARIIY. IT WILL BE ￿oWN SEPAfNTELY WITH EFFE￿ FROM 2023.

10 OiITrEACH fjIVaG AND SUPPORT FUIIDING
ST MARY'SSCFk)OL
CROSSWAYS
HASLEMERE FOOD￿NK
GODALMING FOOWNK
MIDHUW MACMILLAN NU￿$
GUILDFORO STREET ANGELS
HASLEMERE YOUTH FUND
70)
2cri
20)
250
2￿
2CIJ
cAN¢￿R RESEARCH
¢JftISTIAN AID
THE TRUSSELL TRU
INQU&VE CHURC
CHURCH URUN FUND
5tsJ
3DJ
250
2tlO
2(M)
2W
I,4￿•
UNl(￿F (Somalla Fanll￿ AFpeall
uNl￿F (Middle East Appeall
UNI￿ F IAf8han Eèrt￿uake AFyall
BRITISH REO CROSS Iukraine AFpeall
OEC (Pikistin Flttl Rdi•l Aro111
250
250
2￿1
2S0
290
750
RECVOR'S D6aiEIKJI&•JIY FUIID
OUTREAOI SUPPOIIT AS PER ThE ACCOU•ITS
2EQ
260
ADDmoNAi F(INDING FA(M 5PE(IAL C(XiECIK*4S
ROYAL BRITISH LEGION IReffeft*)ra￿e g)NJavl
BRITISH RED CROSS Iukraint I￿¥1)
CHRISTIAN AID lJThnt Chwche31
THE TRUSSEIL TRUST Cc41e¢¢iC￿l
DEC ITurkev/Syri• Eart￿}ulke Apwall
THE CHIL￿N's ￿￿ETy Ichnstirydltl
177
3tsJ
LIC*)
3>)
437
67
147
Lno
TOTALOUTrEAOI SUPPORT

# Financial Statements for the year ended 31* December 2023 

Approved by the Members and signed on their behalf by: 

The Revd Dr Rachel Greene, Rector 

Dated: 28" April 2024