St Mary
of Bethany
Annual Report of the Parochial Church Council - Year ended 31
December 2023
1. Membershlp of the PCC and other partlculars
PCC members who have served from 1 January 2023 are:
Ex-offlclo Members:
Incumbent
Associate Vicar
Associate Minlster
(retired with permission
to officiate)
Deanery Synod
Representstlves:
Elected May 2023
Elected October 2020
Elected October 2020
Eletted Members
{maxlmum 6 contlnuous
years):
Church Wardens:
Mark Wallace (Chairl
Bekah Clark luntll February 20231
Ray Marks
Nell Jarman
Caroline Mendham
Jonathan Miles luntil May 2023)
Sarah Macdonald Ifrom October 20201
Colin Hlckman (from October 2020 until 20241
From 2023 for 3 years:
Simon Crosland {Lay-Chalr from May 2022)
Clare Mall, Nick Mendham, Jonathan Mlles
From 2021 for 3 years
Anne Ansell
From 2022 for 3 years
John Brooks (from April 20191
Co-opted:
Richard Warne {PCC Treasurer)
from May 2022
Barclays Bank PLC,Jubilee Square, Woklng. Surrey GU21 1YG
CAF Bank Ltd., 25 Kings Hill Avenue, Kings Hill, West Mallin
Kent ME19 4JQ
Edwards Greene, 9 Innovation Place, Douglas Drive,
Godalmlng, Surrey GU7 1JX {pending approval by the APCM.
to perform the Independent Examination of the 2023
accounts).
Bankers:
Independent Examlner:

St Mary
of Bethany
2. Structure, Governance and Management
The Parochial Church Council (PCCI is a corporate body established by the Church of England.
The PCC operates under statute law, The Parochial Church Council (Powers) Measure 1956.
The PCC of St Mary of Bethany, Woking was registered with the Charity Commission on 26
March 2009 (registered No. 1128813). PCC members therefore act as charity trustees.
The rules of appointment of PCC members are governed by and set out in the Church
Representation Rules. All Church attendees are encouraged to reglster on the Electoral Roll
and stand for election to the PCC.
New PCC members are provided wlth informatlon on the structure of the PCC and their role
and responslbllities as a PCC member. The PCC takes its safeguarding obligations seriously-
all members are DBS checked, briefed on safeguarding Issues by the Parish Safeguarding
Representative and undertake safeguardlng training. There are Flnance and HR teams that
advise and make recommendations to the PCC in these areas and, while there is no formal
Fabric Team, the Church Wardens work with a number of members of the congregation on
managing the fabric of the church and the PCC agrees an annual maintenance budget. The
PCC approves all proposals for capital or on-going financial commitments or legal matters.
The PCC has reviewed the major rlsks to which the PCC is exposed and established systems or
procedures to achieve good practice and to manage risk in areas, such as health and safety,
chlld protettion, disability discrimination, employment legislation and sound flnancial
management.
Standlng Commlttee (SCJ
Thls Is the only committee required by law. It comprlses the incumbent, any other stipendlary
clergy, churchwardens, PCC lay chalr, treasurer and secretary and has the power to transact
the buslness of the PCC between its meetings, subjett to any directions given by the PCC.
Other members of the PCC may be co-opted to the Standins Committee as necessary.
The PCC and SC met on 11 occasions during 2023, mainly in person. Meetings were structured
to ensure that every aspect of church life has been considered over the course of the year,
including those area5 which enable the smooth and effectlve running of the church, such as
HR, how we welcome newcomers and nurture members and young people, to those areas
focussed on mission and our engagement with the wider community. Every meetlng has
examined the finances of the church and decisions about expenditure have been agreed by
the PCC. PCC meetings have also reviewed our safeguarding.
Mlnlstry ream
This is composed of the clergy: Mark Wallace. Bekah Clark (until February), Ray Marks and
members of the staff team, and the church wardens (when they are available). Meetings are
held regularly to plan and review ministry and deal with issues as they arise.
The administrative staff arejess McNutt (Office Manager). Andrew Seaton (Office
Administrator) and Becs Allin (Bookkeeper).

St Mary
of Bethany
Gol Team
The Go! Team actively promotes mission both in the UK and overseas by keeping in touch with
mission partner5 and encouraging the church to pray for those we support.
Flnance ream
The Finance Team of Adrian Brookes, Brian Harris and Nick Mendham sUPPOrts the Treasurer
and guides the PCC in matters of financial management and stewardship.
3. Objectives and Artlvltles
The PCC has the responsibility of co-operating with the incumbent, Mark Wallace, in
promotlng In the parish the whole mission of the Church, pastoral, evangelistic, social and
ecumenical. The PCC also has regard to the Charity Commission's guidance on public benefit.
St. Mary of Bethany's mission statement is"God's transforming people in our parish.. To love
Jesus, to serve and tell other5, to be community. The mission statement is in line with the flrst
two priorities set out in the Dlocese strategy of Transforming Church, Transforming Lives.
Members are encouraged to support the work of the church through prayer, service and
glving.
Sundayservlces
During 2023 we began wlth a 2-servlce pattern, wlth Sunday services at 9..15 and 11 am
offering different styles of servlce and celebration. These were supplemented by an 8.00am
communion servlce on the flrst Sunday of each month. Coffee was avallable between the
services to promote fellowshlp, and after 11 am services. After Easter we moved to a single
10.30am service, We will revlew this Se￿iCe pattern after we hire an Associate Vicar. Ray
Marks continued to be involved In preparing the preaching programme for the year which
centres on expository preaching of Bible books, interspersed with some thematic series. We
continued our All-Together Services on the first Sunday of each month, which have proved
very popular.
We contlnued to broadcast our 1030 service (other than on the first Sunday when we do not
broadcast either service). While only a few people attend online, this provides an important
point of access for those housebound or not well enough to attend church. a shop window for
newcomers and it enables those who are111 that week toJoin. We also held a full programme
of services for Christmas, Includlng our regular carol servlce for Woking Mencap and a
community carol service which was well attended with numerous visitors.
Smallgroups
Small groups support the church and indlviduals through prayer and provide the prlmary
source of pastoral care and an important aspect of encouraging discipleship. These have been
pivotal in the life of the church during 2023. The Vicar ran some small group starter evenings
at the beginning of the year, leading to a new group beginning to meet weekly. Most church
members attend small groups and there are groups which meet at a variety of times in the
day, and different days of the week on a weekly, fortnightly or monthly basis. The most
common pattern is a weekly meeting on a Wednesday evening. Groups often follow the

St Mary
of Bethany
sermon series and use thelrtime together for Blble Study, worship and prayer. Some
homegroups actively engage in supporting mission partners and some groups are also
involved locally in serving the community through local project5 such as the Foodbank
(Trussell Trust).
The Talk Easy group meets regularly. as an opportunity for regular English conversation
practice.
Children andyoungpeoples work
We are committed to work with young people, both in terms of the time gSven by volunteers
and staff, but also in the financial support provided. There is a regular programme of Sunday
morning and evening groups for young people aged from around 4 years old to 18. In
addition, the church provides a youth group on Friday night (Friday Night Clubl for young
people aged 7-11,
Our work wlth local prlmary schools saw the Vlcar taking regular assemblies in Barnsbury
School. We hosted Christmas services for Barnsbury and Goldsworth Schools, and also a
chain of local nurserles, seeing around 1,000 people over a total of four services. We contlnue
to contribute to the work of Engage in our local schools and college through our misslon
giving.
Mlnlstry to olderpeople
Minlstry almed speclflcally at older people Is offered through CAMEO. and services in local
sheltered houslng,
Prayer
Prayer contlnues to be central to all we do and in addition to ￿gUlar prayer, opportunities for
Individual prayer In services and prayer chalns. The church published a monthly prayer diary,
and church members are invited tojoin the staff team for morning prayers on Wednesdays.
We ran several Sunday evening Listening to God services through the year.
The church continued its use of social media to promote events and create communlty. Mark
posts regular blogs and Facebook, x￿wItter and Instagram have been used to promote all
that we have been able to do during the year. Our services are all accessible through the
website and YouTube.
Ourbuilding
Progress was made on maintenance and refurbishment of the building, in parallel with
continued detailed design work for the'Heart of Mount Hermon, future extension and
development plan.
Community use
A wide range of other community groups have used the buildings again during 2023, including
Brownies, Guides and Rangers, resident association AGMS and performing art groups.
Individuals from the community and church family put on several concerts during the year,
which were open to the public.

St Mary
of Bethany
We acted as a polling station for the local elections in May and provided a warm welcome, tea
and cake throughout the whole time from 7am-1 Opm. through the valiant efforts of our
incredibly dedicated team.
4. Further development
2023 was the second year of our current two-year development plan. This was launched in
March 2022 and included a set of values for the first time,. these sit with our overall vision
statement and will not change year by year.
The vision statement Is.. Continuing God's transformation in our parish, to create a communlty
of all generations.
The goals are:
11 l Transformlng our ministries to all ages., children, youn8 people, young adults, families, senior adulis.
Reviewing each of these areas, so that rhe whole church family grows together.
121 Transformlng our life together, as a communiry where every member grows..
In servin8 on a ieam.
In a smallllife group.
In giving financially.
To include reviews of our SerV￿Ce pattern and prayer ministry.
131 Transformlng our building.. the 'Heart of Mount Hermon, projeci.
A more flexible and inclusive resource for our church family and local community.
Sustaining our ministries and giving us capacity to grow.
St Mary of Bethany values
We do life ro8ether.
We believe in a God who can do more than we can ask or imagine.
We are..
Klnd valuin8 every person as a loved child.
Joyful sharing fun and creativity.
Brave walking together boldly through rhe joys and challenges of life.
Equippin8- learning frorn God's word, discovering our spiritual gifts and
deepening our prayer lives.
Hospitable - ensuring Ihere is space for everybody.

St Mary
of Bethany
2023 Financial Review
RlchardA Wame - Treasurer
From a financial perspective 2023 was a year of rebuildlng at St Mary of Bethany. Having
reduced our expenses in 2022 to bring them more in line with our Income, we saw further
unplanned expense reductions with two further members of our team moving on. Bekah our
Associate Minister moved to a new Church, and Sharon, from our office, retired. This
reduction has enabled us to rebuild our reserves, despite contlnued declines in our overall
Income. We flnished 2023 in a very different place from the previous year, with a surplus In
free reserves above our policy minimum. As a result. the PCC can have confidence that we
should have sufficient resources to support hiring a new Associate Vicar and Youth and
Chlldren's Coordinator when God provldes the right people for these positlons.
In 2023, as forecast in the budget, our regular glving declined by 896, continuing the trend we
have seen in common with most churches in the Diocese and natlonally. Our total Income
declined by 16.5%. However, our expenses overall were down by nearly 24% - with the biggest
reductlon In our staff costs down by over 66% on 2022 levels.
One area where glvins did not decllne was in relation to our mission giving with Maklng
Mission Possible at similar levels to the previous year. Together wlth a generous legacy glft,
our siving to our misslon partners and other mlsslon work was up 36% from 2022.
1. Income- what we received as glfts and other source5 of Income
In 2023 we continued to be blessed with generous regular planned donations in excess of
£183,000, a decrease of £16,000 from the level in 2022 (down 8%). We are grateful for the
generoslty of our Church members. We also received legacy related gifts of over £44,000
(£20,000 of which were restricted for specific purposes). One-off gifts for general use
decreased from 2022 by approxlmately £8,000 to over £28,000. One-off gifts remain an
Important source of income for the Church, but we have seen a trend over recent years for
these to decline. Plate giving remained just over £5,000, similar to 2022. This remalns at less
than half what we would see before the pandemic. Our IMO card readers remaln very useful
for special events, but are not regularly used on Sundays, reflecting that many of our
congregation give generous regular gifts via the Parish Giving Scheme or standing order.
We encourage all Church members and those who attend our Church to consider giving
regularly to the Church by the Parish Givlng Scheme (PGSI, or by standing order. We are also
very grateful to those who increased their regular gift in 2023, either as a result of agreeing to
the inflation-based increase in PGS, or by increasing their bank standing order. I would like to
encourage those giving by standing order to consider the switch to using the Parish Giving

St Mary
of Bethany
Scheme for thelr resular gifts, which would significantly reduce the administration for our
finance team.
Income from other activities was relatively small. Easyfundraising continues to provide
additional revenue, a way that regular internet shoppers can support charities at no extra
cost.
2. Mlsslon and other Charltable glvlng
Giving for mission and other charitable work continued strongly with the Making Mission
Possible campaign raisins over £22,500 including gift aid, a slight increase on 2022. The Tithe
was over £27,000, sllghtly down on 2022. Thi5 reflects the reduction in overall giving. Food
donations to the Woklng food bank equated to a value of over £2,700, a decrease of10% on
2022. We also recelved a generous legacy to support a speclfic cause. Overall, a very
generous response to the needs of the communSty. Detalls of grants made are set out in note
12 to the Financial Statements on page 13, As noted below the vlcar's discretionary fund also
supported more need in the Parish.
3. Expenses- how we used our resources
Our expenses overall were down 16.5% on 2022, with the largest reason for this belng a
reduction of our staff costs. This reflected both planned reductions and the unexpected
departures of Bekah, our Associate Vicar, and Sharon from the office. We are very grateful for
all that Bekah and Sharon did for our church and wish them well for the future. We welcome
Andrew to our office, who joined us a few months after Sharon left. We are still searching for a
new associate vicar and youth and chlldren's coordinator, so our staff costs remain well below
our plan. Other expenses continued to be managed tightly. We managed to reduce our
support and other costs by nearly 30%. Havlng fixed the energy contracts we were able to
avoid some of the impacts of the energy crisis, but the fixed term contracts will expire at the
end of 2024. It is difflcult to predlct what energy priclng we wlll achieve next tlme. , Our
spending on ministries increased by over 85% to over £13,500 reflecting increased actlvity as
well as Increased support from the vicar's discretionary fund for the needs of our community.
The Parish Share- which is our contribution to the running costs of the Diocese of Guildford -
was slightly up on 2022, at approximately £99,000. This sub-inflation increase was as a result
of the Diocese managing their own level of expenses tightly. Although the Parish Share Is now
our largest single expense, it does represent a key expense as our contribution to the costs of
our vicar, including the provision of his housing, and the other activities of the Diocese of
Guildford.

St Mary
of Bethany
4. Bulldlngs and the Development
During the year we continued to work on the church development including the new doors
and windows at the York Road entrance, as well as Other less visible work. Funds that we
hold for the development were approximately £200,000 at the end of 2023. This will enable us
to proceed wlth a number of additional phases of the development. The major remodelling of
the Mount Hermon Road entrance however will require substantially more funds, which will
need to be raised before thls work can be started.
5. The teams supportlng the Treasurer
Our bookkeeper Christine retired at the end of January 2024 after many years of faithful
service. Christine had diligently kept the financial records for over 9 years. Becs Allin joined as
our new bookkeeper in December 2023. It is wonderful to welcome back Becs who worshiped
at St Mary of Bethany for a number of years. She has prepared the 2023 financlal statements
which have been reviewed by the Treasurer and Flnance team. Rlchard Edwards {of Edwards
Greene) once agaln has undertaken the Independent examination. We are very grateful to
Becs for her outstandlng work in preparing the accounts.
The finance team of Adrian Brookes, Brlan Harris, Nick Mendham and Richard Warne have
met regularly throughout the year. We are so grateful to the TreasuryTeam, led by Helen
Brooks, for their work in countlng and banklng, OptimumAccounting {Knaphilll ran the Church
payroll and Aviva administered the Church staff Pension Plan. We wlll continue to look to
streamline our finance function, uslng Becs, extensive experlence in both bookkeeping and
accountancy.
At each PCC and Standing Committee meeting a detailed update is given on the finances of
the Church. The congregation receives a report at the APCM and copies of the PCC minutes
containing finance updates. I hope that I can hold meetings in 2024 with home-groups as I
have done previously to ensure that people have an opportunity to ask questions regarding
our financlal situation.
6. 2024- 2026 Budget
I have prepared a draft budget for 2024 for the General Fund whlch was approved by the PCC
in January 2024.
St Mary of Bethany is blessed with Income that puts the church comfortably in the top 10% of
parishes nationally. Our median regular gift we receive is three times the natlonal level and
twice the median gift in the Diocese of Guildford. In line wlth national trends, however, we
have seen declines in total regular giving in real terms over the last decade. Each year we see
people move away from the parish, including members who give regularly. As a result, every
io

St Mary
of Bethany
year we need to find new givers and see increases in existing giftsjust to maintain our levels
of income. We are budgeting regular giving to remain at similar levels to 2023 in the
anticipation that new joiners and increases in giving levels, will balance any leavers. This will
still represent a decline in real terms. In 2023 we opened new savings accounts through the
Flagstone platform which will enable us to invest more of our cash balances in interest
bearing accounts, reducing the balances we hold in our current accounts. We are also renting
out the church house untll it 15 needed for new staff, providlng an additional source of
revenue. As our development progresses It is hoped we can receive increased revenues from
use of our building.
On budgeted expenses, the delays in replacing our associate vicar and youth and children's
coordinator will result in continued lower staff costs. We are forecasting a surplus In 2024 of
approximately £42,000, whlch will add to our reserves. Looking further ahead to 2025 and
2026, assuming that we are successful in recruiting an associate vlcar and youth and children's
coordlnator, we are forecasting modest deficits on the general account, which wlll be
supported by our excess reserves put aside for thls purpose.
7. Reserves Pollcy
Our free reserves on the General Account at the end of 2023 amounted to approxlmately
£158,000. This is above our policy minimum of 2 months plus 10% (equivalent to
approximately £52,000 as at year end 20231.
In addltlon to the General Fund, the PCC has set aside funds the bullding project and to assist
wlth any future major maintenance work. Funds are also held for specific uses as requested
by donors. Details of all funds are shown in Note 11 on page 12 of the accounts.
Gulldford Dlocese retains the title deeds of our staff house at 46 Hawthorn Road, purchased
by the PCC some years ago. The Central Board of Finance of the Church of England hold
Investments under an endowment (the Thorne Bequest), the annual income from which
contributes towards the maintenance of the Church building. Our surplus cash funds are held
In notice accounts with FSCS-approved banks and building Societies and in current accounts
with CAF Bank and Barclays Bank.
signed-_
Date:_
li

ST MARY OF BETHANY CHURCH, WOKING
FtNANCIAL STATEMENTS
31 DECEMBER 2023
CHAIUTY REGISTRATION NUMBER.. 1128813
Mount Hernion Road
Woking
Surrey GU22 7UH

Page I
ST MARY OF BETHANY CHURCH, WOKING
ENDEPENDENT EXAMINER'S REPORT
TO THE MEMBERsrrRUSTEES OF
ST MARY OF BETFtANY CHURCH, WOKING
PAROCHIAL CHURCH COUNCIL
I report on the accounts for the y¢u ended 31 December 2023 which are set out on pages 2 to 14.
Rupectiye responsibilities of the Tru5tee5 and Independent Examiner
The charity's tNstees consider that an audit is not required for this year under Section 144(2} of th¢ Charities Act 2011
(the 2011 Act} and that an independent examination is needed. It IS tny responsibility to..
examine the accounts under section 145 of the 2011 Act.
follow the procedures laid down in the General Directions given by the Charity Commissioners in
section 145(5)(b) of the 2011 Act. and
state whether particular matters have come to my attention.
Basis of Independent Exarniner's Statement
My examination was carried out in accordance with the General Dir¢¢tions given by th¢ Charity Commission.
An examination includes a review of the accounting records kept by the charity and a comparison of th¢ accounts
with those r￿ordS. It also includes consideration of any unusual items or disclosures in the atcounts and seeking
expl)nation5 from the management committee concerning any such matters. The procedures undertaken do not
provide all the eviden¢¢ that would be required in a full audit and consequently I do not express an audit opinion on
the accounts.
Independent Examlner's StatetDent
In ¢onn¢ction with my examination, no matters have come to my attention:
which give me reasonable cause to believe thai in any mateiial respect the requirements
to keep accounting records in accordance with section 130 of the 201 l Act.. or
to prepaTe accounts which accord with these accounting records have not been met.. or
(2)
to which, in my opinion, attention should be drawn in order to enabl¢ a prop¢r understanding of the accounts
to be reach
Richard Edwards FCA FCCA CTA
Edward5 Greene
Chartered Accountants
9 Innovation Place
Douglas Driv¢
Godalming
Surrey
GU7 IJX
Date..
1£ ApM•L IOII+

Page 2
ST MARY OF BETHANY CHURCH, WOKtNG
STATEMENT OF FtNANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 DECEMBER 2023
Unr¢stii¢l¢d
Funds
[ksignal￿ RcvalualKin
Resiri¢tedl
EndowMIi
TOTALFUNDS
ncral
Funds
2023
Noie
tNCOMEFROM..
Donat￿n5 and t£gac*s
281722
332829
Chll￿h Activities
3172
1045
4217
Fvndtaising A¢i1¥it￿S
636
636
623
InvestThrnts
388
8008
OtherSout¢es
TOTALtNCOME
1931SO
52540
345690
414115
EXPENDITUPEON..
Crants
4a. l2
27457
45607
53MI
chU￿h Activiiies
192631
4873
33114
230618
345577
FUndrnL5￿g Activities
TOTALEXPENDrruRE
193177
32330
78721
304228
399218
Ikll]/ltx>ss)ott Jnvestntll15
NEr rNCOMElIEXPENDtruRE)
99973
(32330)
(249611
42682
13166
TRANSFEtLS BEfwF
FUNDS
1340711
32172
1893
OTHERBECO(NtSED GAINS..
IlIossl on Revaluation of
Fiyd Assets
NEf MOVFMENT tN FUNDS
65￿2
IiS81
(23(621
42682
13166
RECONCIUA TION OFFUNDS..
Total Funds brough forV￿rd at I
January 2023
392824
192371
15411
116W2
855695
842529
Total Funds ￿ried foThYaTd at 31
De¢¢nl)¢r 2023
458726
192213
J54108
93330
898377
855695

Page 3
ST MARY OF BETHANY CHURCH, WOKING
BALANCE SHEET
AS AT 31 DECEMBER 2023
2023
Nol¢
p[￿ ASSErs
Tangibl¢ Fi*d Assets
Jnv¢slnrnt5
453971
462481
12976
14196
468167
475457
tkbiot5
2527
376309
5293
tnv¢sin*nis
255086
C¥h at bankand ty) hand
56923
154408
433759
414787
Crediiors - anh)unts faJlll]g du¢
%¥)th￿ one year
55491
134549)
NET CURR￿ ASSETS
430210
380238
TOTALNEf ASSErs
898377
85569S
PARJSHFiJNDS
Unrestticttd..
neTal
458726
392824
Designaied
RevaiuatK)n ]tr5erv¢
192213
192371
154108
154108
805047
739303
Re$tl*Led
79134
103416
EndowLKllt
14196
11976
TOTALFUNDS
898377
8SS695
Approved by the Parochial Church Council on 15th April 2024 and signed on its behalf by..
The notes on pages 4 10 14 fomi part of these accounts.

Page 4
ST MARY OF BETHANY CHURCH. WOKING
NOTES TO THE FtNANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
ACCOUNTING POLICIES
The financial statements have been PTepared in aceordanee with the Church Accounting Regulations 2006
together with the Statement of Recommended Practice applicable to charities preparing their accounts in
accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102),
relevant accounting standards and charity law.
The financial statements haye been prepared und¢r the historical cost convention except for the valuation of
investment assets which are shown at market value. The financial statements include all transactions, assets
and Siabilities for which the PCC is respgn5ible in law. They do not include the accounts of church groups
that ow¢ their main affiliation to another body, nor those that ale infomial gatherings of church members.
The church is a public benefit entity. There are no material uncertainties about its ability to continue and the
financial statemeDts have been prepared on a going contem basis.
Funds
Unrestricted funds represent the funds of the PCC that are not subject to any.restrictions regardin8 their use
and are available to be used for the general purposes of the PCC.
Designated funds comprise unrestricted funds that have been set aside by the PCC for particular purposes.
Restricted funds represent (a) in¢ome from trusts tsr endowments which may be expended only on those
restricted objects provided in th¢ ternis of the trust or bequest, and Ib) donations or grants received for a
specific object or invited by the PCC for a Specific object. The fund5 may oniy be expended on th¢ 5pe¢ifi¢
object for which they wer¢ given. Any balance remaining unspent at the end of ¢ach year is carried forward
as a balance on that fund.
Endowment funds represent &ssets received that may not be exhausted,. only the income may be spent. Net
investment gain5 aTLd losses are recognised within the endowment fund.
Lncoming Resources
Donations and Legacies
Collections are recognised when received by or on behalf of the PCC.
Planned giving is re¢ogni5ed when received.
Income tax recoverable on Gift Aid donations is recognised when the income 15 recognised.
Grants and legacies to th¢ PCC are accounted for as soon as the PCC is notifi¢d of its legal
entitlement, the amountdue con be measured reliably and its ultimate receipt bythe PCC is probable.
Gifts in kind donated for distribution are included at valuation and recogni5ed a5 Port of donated
income when distributed, wilh the equivalent amount recognised as charitable expeDditure.
In accordance with the SORP, no value has been attributed to the Work performed by volunteer5,
although their work is considered vital to the mission of the church.
Fundraising Activities
Rentsl income from the letting of ¢hur¢h properties is recognised when the rental is due.

Page 5
ST MARY OF BETHANY CHURCH, WOKING
NOTES TO THE FtNANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
(continued)
ACCOUNTING POLICIES (continued)
Investment Income
Dividends are accounted for when due and payable. Interest entitlements are accounted for as they
accNe.
(iv)
Gains and losses on investments
R¢alised gains or losses are recognised when investments are sold. Unrealised gains or105ses are
accounted for on revaluation of investments.
Resourees expended
Expendibjre is accounted for on an accruals basis. and is r¢wrded gross.
The share of Parochial Fees. primarily charged for weddings and funerals. payable to the Diocese
is accrued and accounted for when the COTresponding lljcome is recognised.
Grants and donations. including the proportion of donated income set aside by the PCC to be paid
out to individuals pnd institutions for missionary purposes, are ac¢ount¢d for when paid over, or
when th¢re is a legal or constructive obligation to make a paym¢nL the payrnent is probabl¢, the
alnount can be Tneasured reliably and there are no conditions attaching to the payment that limit ils
recognition.
Tangible Fixed Assets
Tangibl¢ fixed assets are recorded at C95t, except as noted below.
Consecrated Property
Consecrated and beneficed property of any kind is excluded frorn the accounts by Section 10 of the
Charities Act 2011..All expenditure on consecrated or b¢neficed building5 Is wfltten off as it]curred.
Movable Church Furnishings
Movable church furnishings held by the Vicar and Churchwardens on special trnst for the PCC and
which require a faculty for disposal are inalienable property, listed in the church's inventory, which
can be inspected (at any reasonable time). For inalienable propety acquired prior to 2001 there is
insufficient cost inforniation available and therefore such assets are not valued in the accounts.
Items acquired since l January 2001 over £1,000 are capitalised., item5 under £1,000 have been
expensed as incurred. All expenditure on the repair of movable church furnishing5 is written off as
incurred.
Church Equipment, Office Equipment and Audio Visual Equipment
Church equipment, office equipment and audio visual equipment (including computer equipment
and 50ftware) over £ 1,000 is capitslised. Items under £l.000 are written off as inCU￿ed.
(iv)
Freehold Land and Buildings
Freehold land and buildings are revalued every 5 y¢ars to the current market value and an
impair￿ent review i5 cattied out at each year-end in the intervening years and any resultant loss
identified included in the expenditure for the year.

Page 6
ST MARY OF BETHANY CHURCH, WOKING
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
(continued)
ACCOUNTING POLICIES (continued)
Depreciation is provided at rates calculated to write off the costs a$ indi¢ated b¢low:
Freehold properties
Nil
Movable Church Furnishings
Reducing balance basi$ Of 25Yo pa
Audio Visual Equipment
Straight-line basi5 over 15 years
Other Church Equipment
Reducing balance basis of 250/y pa
Office Equipment
Reducing balance basis of 250/y Pa
Fixed Asset Investments
Fixed asset investments are recorded at market value.
Current Assets
DebtOTS are measured at the consideration expected to be received in their settlernent or the alnount
paid in advance by the ¢hur¢h for the goods or setvices it will re¢¢iv¢.
Current asset investtnents comprise cash deposits with a maturity Of less than one year that are not
held to meet short-tern) cash commitments as they fall due. They are iecorded at their market value.
Cash at Bank and in Hand are deposits held to meet short-tern) cash commitments as they fall due.
Curr¢nl Liabilitie5
Creditor5 ar¢ recogllised when the liability arises and are measured at the ¢ash amount or other Collsideration
expected to be paid in their settletnent or the amount received by the church as advance payment for go(xls
or services provided.
Coneessionary Loans
Concessionary loans are Initially reeo8nised in the accounts at the amount received with the canying amount
adjusted in subsequent years to reflect repayments and any a¢crlled interest.
Pension Costs
The PCC operates a defmed Contribution pension scheme for staff. The amounts charged to the Statement
of Financial Activities (SOFA) in respect of pension cost5 are the contributions and Scheme fees payable in
the period. Differences between the amounts payable in the year and amounts a£￿allY paid are shown as
either accruals or prepayments in the balance shed.
Taxation
St Mary of Bethany.Church is a registered ¢harity and is thus exempt from tax on income and gains to the
extent that these are applied to its charitable obj¢ots.
Irrecoverable VAT is not separately analysed and is charged to the Statement of Financial Activities when
the expenditure to which it relates is incurred and is allo¢at¢d as part of that expelld1￿re.

Page 7
ST MARY OF BETHANY CHURCH, WOKING
NOTES TO THE FfNANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
(continued)
Unresirictcd Funds
INcf)ME
All Rtstricted and
dow￿￿1
TOTAL FUNDS
2023
2022
Kn¢rnl
De548nated
Funds
(al
Donat￿n5 and L¢g8C1¢5
Planned Gwing..
Crift Aided t￿nat￿nS
Oiher
h¢rChurch (Aving
ft Aided thnal￿n5
Other
152947
153247
174956
30134
30134
24566
24438
18345
42783
43384
4241
9325
49290
24346
TaxRccov¢rable
tZ8a¢iEs
frants
44629
24333
549118
67037
44333
12403
Donai¢d goods for d￿lAbUl10ll
Total
2717
2717
3028
281722
51107
332829
404628
(bl
urch AdiVtt￿S
Fees
965
2567
2998
Youth and Chldren¥ A£tivilK5
1449
1449
CAMEO
80
80
Qlher ActiV￿l¢S
Toial
3172
104S
4217
5081
(¢1
Fundrai8￿8 aciivites
Fundni%￿8 tnconr
Toiai
636
636
636
623
636
623
(dl
Jnvesimen
ctOS5 bank ujtetesi
7620
7620
D￿￿en{JS
Total
388
386
7620
388
8008
3466
1¢)
Other Sources
Coronavwus Job Rct Schenx
Glitt on dispo$alFi*d Assets
Oih¢r ]ncott
295
Total
317
TOTAL INCOME
293150
52540
345690
414115
DONATED GOODS AND SERVICBS
Donated goods recognised in th¢s¢ accounts comprise groceries given by church members for distribution
to the local foodbank.
Th¢ church benefits from the contribution of many unpaid general volunteers in all areas of church life-
forexample in worship (leading services), discipleship (hosting home groups), tntssion (serving on the Gol
Team). prayer (members ofthe prayer ministry team), children's work (leading groups), fabric maintenance
(building repairs). administration (maintaining rotas} and many mor¢. It Is iInpractical to place a value on
this contribution and therefore it is not included in these accounts.

Page 8
ST MARY OF BETHANY CHURCH, WOKtNG
NOTES TO THE FtNANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
{continued)
Untesir*ied Funds
neral
Designated
All RcslTttied and
Funds
TOTALFUNDS
2023
2022
{al
(hnis
Mi%sionary and chatitabIe givin8'.
PCC &vm8
Makn'ns MtssK>n Pos5ibk
Donat¥d (k>od5
Olhei Qving
TL*al Grints
27457
27457
21342
2717
21548
73064
30479
21342
2717
21548
45607
3028
1050
53641
27457
(b)
urth aciiviiies
Staffing
56
3375
6J917
180799
Dtocese
Diticesan Parish Sha
Diocesan fres
Total Diocese
98696
362
9ry058
97127
914
98(hl
058
Buld￿g
DepTeCWtion of EqUipn￿nI
Heat, bght and wateT
Maintenance and RepaFts
Insurance
Cl¢anwg
Professional fres
Total Buddlljg
8510
7813
122
3424
537
538
8510
7313
159
3424
537
64
42674
9439
5289
16916
2824
424
4680
1483
14295
5952
20247
1483
￿￿￿trieS
Vicavs Discretiortary Fund
Vi¢a¢s m￿LS1ry
6476
6476
2070
1568
1453
703
421
370
288
214
133
250
903
1339
2070
207
1388
484
156
CAMEO
Worship Mini%iry
Ire2¢h
ChfldT¢n's Mini41ry
Young Families m￿tsIry
Youth m￿LS1ry
Book5
Curdles Ministry
Total Mintsities
219
265
370
288
75
133
662
1548
103
288
139
8850
13696
7354

Page 9
ST MARY OF BETHANY CHURCH, WOKING
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
{continued)
￿{P￿4]D￿r[j￿E1C￿￿1]n￿edl
Unr¢siri¢ied Funds
neral
t￿$￿Trai¢d
All Re5tricled and
do￿￿nI Fund5
TOTALFl￿￿Ds
21)23
2022
(b)
Church 8¢1ivile5 (COnt￿U¢d)
Support and Oihtr Costs
Sundry EwEnses
Corrrfnunicalions
T¢l¢phon¢ & Int¢rncl
rr SoftwaT¢JConsunkibles
Ae¢ountaftcylBookkeepllJg
PtinlinglSialion¢rylPosla8e
subscript￿ns
JnO¢pend¢ni ¢yaminatiott
Floiv¢r$
Batsktharges
Consult￿8
Equipment
Toial Support and (hher Costs
1429
1374
1953
745
3397
6107
1864
2182
1849
1532
1314
399
1780
1588
1588
915
995
600
372
346
372
346
271
318
3177
14273
Total Churih Actiiryti
192631
4873
33114
230618
345577
FundraLsng Activities
Rented House Costs
Totsl Fundrai5in2 Actiiitie5
546
546
546
TOTALEKPTrNDrruRE
193177
31330
78721
304228
399218
STAFF COSTS
2022
Wages and $aiatiEs
Socialsecurity C05t5
Pens￿￿ costs
41214
SM>154
153
1757
3366
42369
95277
Th¢ ¢huwh operates a defined eontribution Pension Sch¢me for its employees. All payments due in the
year have been ¢haTged to unrestricted fvnds in the Statement of Financial Activities.
No employees received ernoluments of more than £60,000 for the year (2022 None). Remuneration paid
and benefits provided to the church's key management per50nnel- the Vicar and otheT PCC members-
are di5¢105¢d in Note 13 below.
The average number of staff employed during the year was 4.32 {2022 7.42). ¢ompri5ing of 1.00 full time
staff {2022 1.83), 2.47 part time staff {2022 4.25) and 0.85 sessional staff (2022 1.33) which equates to
1.64 full titne equivalent Posts (2022 3.30).

Page 10
ST MARY OF BETHANY CHURCH. WOKING
NOTES TO THE FtNANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
(continued)
FIXED ASSEfs FOR USEBYTHEPCC
Frtebold Jand
Office
YDd buddings Equiptttnl
Audio
Equipft*ni
CThurch
Equipnxnt
Toial
TJn8ible fLYd ass¢ls
Cosi 01 ValuaiK)n
At l January 2023
Additions
27467
86738
14959
529164
D￿POSal
Ai 31 December2023
27467
14959
529164
t￿p￿ciat￿)n
At l January 2023
D￿PoSal
argc for th¢ year
At 31 DecetnbeF2023
25282
35174
6227
545
5782
2183
8410
8510
25827
40956
75193
Net Bookvalue
31 De¢enther 2023
31 De¢eThbeT2022
1640
45782
6549
8732
453971
51564
462481
The freehold land and buildings comprise 46 Hawthorn Road on the Barn5bury Estate, which was valued
on an open market basis in January 2022 by L Morales of Foundation5. Its historical cost is £245892.
Investment5
Balance I
January 2023
Balance 31
December
Addition5
Withdrèwals
Gain
2023
Quoted Investernents..
C8F CofE Investment Fund
12976
1220
14196
Debio
2023
2022
A￿ount$ R¢¢civabl
3354
Inconr taxr¢cov¢rabl¢
P[epttyn￿￿tS accrued
1777
162
2527
5293

Pagell
ST MARY OF BETHANY CHURCH. WOKtNG
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
{continued)
CURRENT ASSET ￿VESTMENTs
Current asset investments comprise cash on dep05lt with matsjrity periods of les5 than one year- £195 is
available immediately (2022 £195). £290261 is available within 3 month5 (2022 £254891) and £85853
(2022 £0) available over 3 months.
The church deposited funds into two new baE]k accounts via the Flag5tQDe Platfom in 2023.. HSBC Bank
PIC 3 month fixed tenn deposit and Aldertnore Bank Ple 12 months fixed temi deposit. The amounts held
at 31 December 2023 are £64135 and £85000 respectively. Flagstone operate a holding account through
whieh fees are d¢ducted during the life of the fixed tenn dep05it. The balance of £853 was included as
nds available over 3 tnonihs as any balance cannot b¢ wsthdrawn until the end of the Aldertnor¢ 12
month fLxed tern) deposit.
CBED￿0RS., AMOUNfs FALLING DUEWITHtNONE YE4R
2023
2022
A¢¢nJals and defetred inttsttt
TaYrtI￿n and So¢ial Security
Other crediior5
Total
3727
22514
557
423
1265
5549
34549
io.
ANALYSIS OFNET ASSETS BYFUND
R¢slriBted
Funds
FndoiTrTneni
Funds
Unrestri¢ted Funds
Designated Revaluation
TOTAL
2023
Ctncr41
Tartgible fL*d lsseis
Fi>Ed ￿St1 ￿VeStIrEn1S
CuTteSJt Assets
299863
1541(
453971
14196
141
161874
19369)
80195
435759
155491
898377
Curreni ￿ab￿li12$

Page 12
ST MARY OF BETHANY CHURCH, WOKtNG
NOTES TO THE FINANCJAL STATEMEwrs
FOR THE YEAR ENDED 31 DECEMBER 2023
{¢ontinu¢d)
MoveNtnt ui Resourc¢s
FUND DEfAILS
BBiance
ll]$l
Balance
31 D¢¢cnkner
2023
l January
2023
Incon
8wenditure TTansfeTS
tiA)ssesl
Unr¢slrici¢d Funds
ners] Fund
392824
293150
1193177)
134,0711
458726
DesiBnated Funds
ma￿)r MaintBnance
Cl)ITeanVPCCTiihe
148591
12747ll
14451
149ty
26172
1370
BuiWin8 DevebPn￿ry(
Asso¢iaie Vicar
16406Z
Lcga¢ies
Mi$s￿ll & Ev2ngeli%tn
46050
(460501
Totsl
192371
1323301
32172
192213
Revaluat￿￿ Reserve
154108
154108
Rtslricted Funth
Vicat's D￿¢T¢li0nary
Associ&te Vicar
5046
5(K)
164761
1070
Mission & EVange￿$M
M￿s1on5
Oigan Repar(s
Youth AGINili¢S
29705
27207
1283851
28527
1877
14841
1393
239
239
EqUiPn￿nI
Budding Developll*rtl
Thorne Bequesi In¢oThx
St Mary'5 tncal ML%5ion Wol
Makitig Miqsitstt Possthle
Canro
10431
540
13991
12(X1531
(194)
10471
36065
194
1233
1233
22575
1213421
1330
1581
79134
Totsl
103416
52540
17872AI
1899
Fmthi￿lltFunth
Thome Beque51 CapitBI
12976
1220
14196
Funds t￿ held for Ihe following puryoses..
MajoT Maint¥n4nc¢ Fund
To help meet the costs of any future major building Tepair
Gol Tea[t￿PcC Tithe Fund
To se¢ aside funds io donate 10 mission partneT5
Building Dev¢lopm¢nt
To set ￿]de funds as seed capital for a Major church building project
A550¢iat¢ Vi¢aT Fund
To help fund thc Associate Vicar p05t
L¢g2ties
To set &sidt legactes received for project fi]nding as deterniincd by th¢ PCC
Mission & Evangelism
To r¢wrd funding for mission and evangeli5tn IVOTk. Balances previously held in
the Aswciate Vicar Fund ttL¢ Mis5Loll5 Fund weTe Irartsftrrcd into the Mission
& Evangclism Fund in 2021
To relieve C￿¢5 of hardship in the parish. at the discr￿lon of th¢ Vicar
To record donaliorts Biven for specific mission work
To re¢ord donations given for the repair of the orgaft
To record paymenrs by attendces at childT¢n'$ and youth evcnts. and donations
towards the work of the children'5 and youth rninistries
Equipment Fund
To record donations received towards the pur¢has¢ of equipment for church use
Thorne Bequest Incotne and The Thome Bequcsl is a permanent endowment which requires incomc to bc spent
Capital
on the maintenance of (he church building
St Mary's Local Mission Work
To retoid donation5 towards the mission work of St Mary of Bcihany
Making Mission Possibl¢
To reco￿ donaiions received for specifLC Tll15sion work as a result of the Making
Mission Possible weekend in 2023
Vicar's Discr¢tiotLary Fund
Missions
Organ Repairs
Youth Activities

Page 13
ST MARY OF BETHANY CHURCH, WOKtNG
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
(continued)
Material Transfers b¢tween fvtLd5 were rnade in tIL¢ year..
lal
from th¢ Gcneral Fund to th¢ Gol Team/PCC Tithe Fund totalling £2817212022 £286091 being a tithe of the
church's unr¢51ricted donated income
from the Associat¢ VicaT Fund 10 the Mission &Evangelisrll Fund totslling £012022 £0)
from th¢ Building Dev Furtd io the General Fund £012022 £01
fmm the GeneTal Fund to Ihe Major Maintenance Fund £600012022 £01
from the Mission & Evangelism Fund to the General Fund £012022 £54905)
from the Major Mainienance Fund to the O¢tJ¢ral Fund £0 {2022 £26051
from the Making Mtssion Possible Fund to St Mary's Local Mission Work Fund £1233 {2022 £33071
frotn the GolTeamlPCC Tithe Fund to the Vi&s Discieiionary Fund £20￿12022 £01
Ibl
Idl
le}
Igl
Ihl
(kants
Th¢ following list includes all insiitut>)ns or ll)dividuaLs that received gAnts or gifts.wiih thos¢ over£l(XK) de5crib¢d..
2023
2022
To lo$titwtion$:
St Mi¢hael's ChuT¢h, Sheetwater
Media Maiieis Min￿1n¢5- foTB & G M¢iKod
A]2wbfying VoKe5- forj & EHaryte8ves
OM-forA&CMall
22817
8749
8216
2861
7018
7483
8130
6955
OMF- form & LJe880
FJJ8age
Redeemercrtce Church. CErtev&
FT￿ndS ofthe Holy Land- Archbi%hop of Canterbury's app¢&1 hr
hu]￿1￿1t￿nan Bid forfjaza
5524
6791
5875
6703
Tellrfllnd Christtros Appe81
CNS - forF and S Yanez
5249
Si Andrew's aJur¢h, G)Ids￿rth PaTk
(kh¢r5- 2 ￿s[li￿r￿ns12O22- 3)
750
837
To
h¢rs- O individuals12022- I)
Total
250
50613
70347
lknceries donated to Woking Foodbank
2717
TOTAL
73064
5J641
Grants aDd Eifts can 4nalped ￿ttl¢t￿:
Supportin8 Chri51rnn mission worldwide
Supporting Christian Trys5￿nIOr9IlY
Supporting the Tebefof suffeting lli Ihe lo¢al COLThnunity
Support￿￿ Ihc ￿l￿fof$Ufftring worldwid¢
TOTAL
No support costs were allgcated to grant-making activities.
38753
39643
30358
10294
2717
331kS
1236
73064
53641

Page 14
ST MARY OF BETHANY CHURCH, WOKtNG
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
(continued)
TRANSAcfIoNS WITH MUvf8ERS OF THE PCC AND OTHER RELATED PARTIES
The Viear and the Aso¢iat¢ Virar are membeis of the PCC. The Associate Vicar left the Church ￿ March 2023. The
Diotesan Bostd of F￿Hn¢t paid the Stipend for the Vicar 2nd PTovided housfftg for the Vitar. The PCC paid the
siipend and associaied employmeni costs 10 the Dio¢es¢ Board of Finan¢¢ in collnect￿n with the employment of the
Associate Vi¢ai of £820712022 £399661. The PCC provided a house which ￿ owned by th¢ thurch for the A5social¢
Vicat. The PCC paid £1293 for costs related lo the Vicar'5 hou5in8 12022 £11201 and £253 in ¢onn¢ciion with Ihc
As50ciole Vicgr's housing 12022 E35301. In &ddilion, the PCC paid the expenses of the Vicar and Associ&e Vi¢at
PTOP¢Tly incurred conneciiort with their duties which ￿thI1¢d £194412022 £155XII ￿ wdl 8s traming and retregts
which in awegate ¢0s1 £96712022 £15471. The Vicar and Associate Vicer did noi pattl￿p￿¢ in approving their own
pay[[￿ts.
Gr￿ts iotalling £8130 12022 £81231 wer¢ madc 10 OM 10 fuTth¢T A M￿1,$ work SUpport￿g Christi3n mission
overseas. A Mall is ielated lo PCC MetnbEr C Mall. In I￿t with the PCC'S cortfliei of inier¢si provisions. C Mall did
not lake pBrt in decision-making for these grants
No other PCC member received any remuneTat¢on or employm¢ni b¢n¢fii 12022 NoDel. Tbere weie no expenses
incU￿¢d by PCC members iti fulf￿1￿1£ their duiies12022 Nonel.
Th¢ total aggr¢g8t¢ amount of donal￿n5 T¢c¢iv¢d from PCC m¢mber$ and other related parties totalltd £50.342 I2￿12
£58957) In the year.

ST MARY OF BETHANY CHURCH, WOKING
FtNANCIAL STATEMENTS
31 DECEMBER 2023
CHAIUTY REGISTRATION NUMBER.. 1128813
Mount Hernion Road
Woking
Surrey GU22 7UH

Page I
ST MARY OF BETHANY CHURCH, WOKING
ENDEPENDENT EXAMINER'S REPORT
TO THE MEMBERsrrRUSTEES OF
ST MARY OF BETFtANY CHURCH, WOKING
PAROCHIAL CHURCH COUNCIL
I report on the accounts for the y¢u ended 31 December 2023 which are set out on pages 2 to 14.
Rupectiye responsibilities of the Tru5tee5 and Independent Examiner
The charity's tNstees consider that an audit is not required for this year under Section 144(2} of th¢ Charities Act 2011
(the 2011 Act} and that an independent examination is needed. It IS tny responsibility to..
examine the accounts under section 145 of the 2011 Act.
follow the procedures laid down in the General Directions given by the Charity Commissioners in
section 145(5)(b) of the 2011 Act. and
state whether particular matters have come to my attention.
Basis of Independent Exarniner's Statement
My examination was carried out in accordance with the General Dir¢¢tions given by th¢ Charity Commission.
An examination includes a review of the accounting records kept by the charity and a comparison of th¢ accounts
with those r￿ordS. It also includes consideration of any unusual items or disclosures in the atcounts and seeking
expl)nation5 from the management committee concerning any such matters. The procedures undertaken do not
provide all the eviden¢¢ that would be required in a full audit and consequently I do not express an audit opinion on
the accounts.
Independent Examlner's StatetDent
In ¢onn¢ction with my examination, no matters have come to my attention:
which give me reasonable cause to believe thai in any mateiial respect the requirements
to keep accounting records in accordance with section 130 of the 201 l Act.. or
to prepaTe accounts which accord with these accounting records have not been met.. or
(2)
to which, in my opinion, attention should be drawn in order to enabl¢ a prop¢r understanding of the accounts
to be reach
Richard Edwards FCA FCCA CTA
Edward5 Greene
Chartered Accountants
9 Innovation Place
Douglas Driv¢
Godalming
Surrey
GU7 IJX
Date..
1£ ApM•L IOII+

Page 2
ST MARY OF BETHANY CHURCH, WOKtNG
STATEMENT OF FtNANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 DECEMBER 2023
Unr¢stii¢l¢d
Funds
[ksignal￿ RcvalualKin
Resiri¢tedl
EndowMIi
TOTALFUNDS
ncral
Funds
2023
Noie
tNCOMEFROM..
Donat￿n5 and t£gac*s
281722
332829
Chll￿h Activities
3172
1045
4217
Fvndtaising A¢i1¥it￿S
636
636
623
InvestThrnts
388
8008
OtherSout¢es
TOTALtNCOME
1931SO
52540
345690
414115
EXPENDITUPEON..
Crants
4a. l2
27457
45607
53MI
chU￿h Activiiies
192631
4873
33114
230618
345577
FUndrnL5￿g Activities
TOTALEXPENDrruRE
193177
32330
78721
304228
399218
Ikll]/ltx>ss)ott Jnvestntll15
NEr rNCOMElIEXPENDtruRE)
99973
(32330)
(249611
42682
13166
TRANSFEtLS BEfwF
FUNDS
1340711
32172
1893
OTHERBECO(NtSED GAINS..
IlIossl on Revaluation of
Fiyd Assets
NEf MOVFMENT tN FUNDS
65￿2
IiS81
(23(621
42682
13166
RECONCIUA TION OFFUNDS..
Total Funds brough forV￿rd at I
January 2023
392824
192371
15411
116W2
855695
842529
Total Funds ￿ried foThYaTd at 31
De¢¢nl)¢r 2023
458726
192213
J54108
93330
898377
855695

Page 3
ST MARY OF BETHANY CHURCH, WOKING
BALANCE SHEET
AS AT 31 DECEMBER 2023
2023
Nol¢
p[￿ ASSErs
Tangibl¢ Fi*d Assets
Jnv¢slnrnt5
453971
462481
12976
14196
468167
475457
tkbiot5
2527
376309
5293
tnv¢sin*nis
255086
C¥h at bankand ty) hand
56923
154408
433759
414787
Crediiors - anh)unts faJlll]g du¢
%¥)th￿ one year
55491
134549)
NET CURR￿ ASSETS
430210
380238
TOTALNEf ASSErs
898377
85569S
PARJSHFiJNDS
Unrestticttd..
neTal
458726
392824
Designaied
RevaiuatK)n ]tr5erv¢
192213
192371
154108
154108
805047
739303
Re$tl*Led
79134
103416
EndowLKllt
14196
11976
TOTALFUNDS
898377
8SS695
Approved by the Parochial Church Council on 15th April 2024 and signed on its behalf by..
The notes on pages 4 10 14 fomi part of these accounts.

Page 4
ST MARY OF BETHANY CHURCH. WOKING
NOTES TO THE FtNANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
ACCOUNTING POLICIES
The financial statements have been PTepared in aceordanee with the Church Accounting Regulations 2006
together with the Statement of Recommended Practice applicable to charities preparing their accounts in
accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102),
relevant accounting standards and charity law.
The financial statements haye been prepared und¢r the historical cost convention except for the valuation of
investment assets which are shown at market value. The financial statements include all transactions, assets
and Siabilities for which the PCC is respgn5ible in law. They do not include the accounts of church groups
that ow¢ their main affiliation to another body, nor those that ale infomial gatherings of church members.
The church is a public benefit entity. There are no material uncertainties about its ability to continue and the
financial statemeDts have been prepared on a going contem basis.
Funds
Unrestricted funds represent the funds of the PCC that are not subject to any.restrictions regardin8 their use
and are available to be used for the general purposes of the PCC.
Designated funds comprise unrestricted funds that have been set aside by the PCC for particular purposes.
Restricted funds represent (a) in¢ome from trusts tsr endowments which may be expended only on those
restricted objects provided in th¢ ternis of the trust or bequest, and Ib) donations or grants received for a
specific object or invited by the PCC for a Specific object. The fund5 may oniy be expended on th¢ 5pe¢ifi¢
object for which they wer¢ given. Any balance remaining unspent at the end of ¢ach year is carried forward
as a balance on that fund.
Endowment funds represent &ssets received that may not be exhausted,. only the income may be spent. Net
investment gain5 aTLd losses are recognised within the endowment fund.
Lncoming Resources
Donations and Legacies
Collections are recognised when received by or on behalf of the PCC.
Planned giving is re¢ogni5ed when received.
Income tax recoverable on Gift Aid donations is recognised when the income 15 recognised.
Grants and legacies to th¢ PCC are accounted for as soon as the PCC is notifi¢d of its legal
entitlement, the amountdue con be measured reliably and its ultimate receipt bythe PCC is probable.
Gifts in kind donated for distribution are included at valuation and recogni5ed a5 Port of donated
income when distributed, wilh the equivalent amount recognised as charitable expeDditure.
In accordance with the SORP, no value has been attributed to the Work performed by volunteer5,
although their work is considered vital to the mission of the church.
Fundraising Activities
Rentsl income from the letting of ¢hur¢h properties is recognised when the rental is due.

Page 5
ST MARY OF BETHANY CHURCH, WOKING
NOTES TO THE FtNANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
(continued)
ACCOUNTING POLICIES (continued)
Investment Income
Dividends are accounted for when due and payable. Interest entitlements are accounted for as they
accNe.
(iv)
Gains and losses on investments
R¢alised gains or losses are recognised when investments are sold. Unrealised gains or105ses are
accounted for on revaluation of investments.
Resourees expended
Expendibjre is accounted for on an accruals basis. and is r¢wrded gross.
The share of Parochial Fees. primarily charged for weddings and funerals. payable to the Diocese
is accrued and accounted for when the COTresponding lljcome is recognised.
Grants and donations. including the proportion of donated income set aside by the PCC to be paid
out to individuals pnd institutions for missionary purposes, are ac¢ount¢d for when paid over, or
when th¢re is a legal or constructive obligation to make a paym¢nL the payrnent is probabl¢, the
alnount can be Tneasured reliably and there are no conditions attaching to the payment that limit ils
recognition.
Tangible Fixed Assets
Tangibl¢ fixed assets are recorded at C95t, except as noted below.
Consecrated Property
Consecrated and beneficed property of any kind is excluded frorn the accounts by Section 10 of the
Charities Act 2011..All expenditure on consecrated or b¢neficed building5 Is wfltten off as it]curred.
Movable Church Furnishings
Movable church furnishings held by the Vicar and Churchwardens on special trnst for the PCC and
which require a faculty for disposal are inalienable property, listed in the church's inventory, which
can be inspected (at any reasonable time). For inalienable propety acquired prior to 2001 there is
insufficient cost inforniation available and therefore such assets are not valued in the accounts.
Items acquired since l January 2001 over £1,000 are capitalised., item5 under £1,000 have been
expensed as incurred. All expenditure on the repair of movable church furnishing5 is written off as
incurred.
Church Equipment, Office Equipment and Audio Visual Equipment
Church equipment, office equipment and audio visual equipment (including computer equipment
and 50ftware) over £ 1,000 is capitslised. Items under £l.000 are written off as inCU￿ed.
(iv)
Freehold Land and Buildings
Freehold land and buildings are revalued every 5 y¢ars to the current market value and an
impair￿ent review i5 cattied out at each year-end in the intervening years and any resultant loss
identified included in the expenditure for the year.

Page 6
ST MARY OF BETHANY CHURCH, WOKING
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
(continued)
ACCOUNTING POLICIES (continued)
Depreciation is provided at rates calculated to write off the costs a$ indi¢ated b¢low:
Freehold properties
Nil
Movable Church Furnishings
Reducing balance basi$ Of 25Yo pa
Audio Visual Equipment
Straight-line basi5 over 15 years
Other Church Equipment
Reducing balance basis of 250/y pa
Office Equipment
Reducing balance basis of 250/y Pa
Fixed Asset Investments
Fixed asset investments are recorded at market value.
Current Assets
DebtOTS are measured at the consideration expected to be received in their settlernent or the alnount
paid in advance by the ¢hur¢h for the goods or setvices it will re¢¢iv¢.
Current asset investtnents comprise cash deposits with a maturity Of less than one year that are not
held to meet short-tern) cash commitments as they fall due. They are iecorded at their market value.
Cash at Bank and in Hand are deposits held to meet short-tern) cash commitments as they fall due.
Curr¢nl Liabilitie5
Creditor5 ar¢ recogllised when the liability arises and are measured at the ¢ash amount or other Collsideration
expected to be paid in their settletnent or the amount received by the church as advance payment for go(xls
or services provided.
Coneessionary Loans
Concessionary loans are Initially reeo8nised in the accounts at the amount received with the canying amount
adjusted in subsequent years to reflect repayments and any a¢crlled interest.
Pension Costs
The PCC operates a defmed Contribution pension scheme for staff. The amounts charged to the Statement
of Financial Activities (SOFA) in respect of pension cost5 are the contributions and Scheme fees payable in
the period. Differences between the amounts payable in the year and amounts a£￿allY paid are shown as
either accruals or prepayments in the balance shed.
Taxation
St Mary of Bethany.Church is a registered ¢harity and is thus exempt from tax on income and gains to the
extent that these are applied to its charitable obj¢ots.
Irrecoverable VAT is not separately analysed and is charged to the Statement of Financial Activities when
the expenditure to which it relates is incurred and is allo¢at¢d as part of that expelld1￿re.

Page 7
ST MARY OF BETHANY CHURCH, WOKING
NOTES TO THE FfNANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
(continued)
Unresirictcd Funds
INcf)ME
All Rtstricted and
dow￿￿1
TOTAL FUNDS
2023
2022
Kn¢rnl
De548nated
Funds
(al
Donat￿n5 and L¢g8C1¢5
Planned Gwing..
Crift Aided t￿nat￿nS
Oiher
h¢rChurch (Aving
ft Aided thnal￿n5
Other
152947
153247
174956
30134
30134
24566
24438
18345
42783
43384
4241
9325
49290
24346
TaxRccov¢rable
tZ8a¢iEs
frants
44629
24333
549118
67037
44333
12403
Donai¢d goods for d￿lAbUl10ll
Total
2717
2717
3028
281722
51107
332829
404628
(bl
urch AdiVtt￿S
Fees
965
2567
2998
Youth and Chldren¥ A£tivilK5
1449
1449
CAMEO
80
80
Qlher ActiV￿l¢S
Toial
3172
104S
4217
5081
(¢1
Fundrai8￿8 aciivites
Fundni%￿8 tnconr
Toiai
636
636
636
623
636
623
(dl
Jnvesimen
ctOS5 bank ujtetesi
7620
7620
D￿￿en{JS
Total
388
386
7620
388
8008
3466
1¢)
Other Sources
Coronavwus Job Rct Schenx
Glitt on dispo$alFi*d Assets
Oih¢r ]ncott
295
Total
317
TOTAL INCOME
293150
52540
345690
414115
DONATED GOODS AND SERVICBS
Donated goods recognised in th¢s¢ accounts comprise groceries given by church members for distribution
to the local foodbank.
Th¢ church benefits from the contribution of many unpaid general volunteers in all areas of church life-
forexample in worship (leading services), discipleship (hosting home groups), tntssion (serving on the Gol
Team). prayer (members ofthe prayer ministry team), children's work (leading groups), fabric maintenance
(building repairs). administration (maintaining rotas} and many mor¢. It Is iInpractical to place a value on
this contribution and therefore it is not included in these accounts.

Page 8
ST MARY OF BETHANY CHURCH, WOKtNG
NOTES TO THE FtNANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
{continued)
Untesir*ied Funds
neral
Designated
All RcslTttied and
Funds
TOTALFUNDS
2023
2022
{al
(hnis
Mi%sionary and chatitabIe givin8'.
PCC &vm8
Makn'ns MtssK>n Pos5ibk
Donat¥d (k>od5
Olhei Qving
TL*al Grints
27457
27457
21342
2717
21548
73064
30479
21342
2717
21548
45607
3028
1050
53641
27457
(b)
urth aciiviiies
Staffing
56
3375
6J917
180799
Dtocese
Diticesan Parish Sha
Diocesan fres
Total Diocese
98696
362
9ry058
97127
914
98(hl
058
Buld￿g
DepTeCWtion of EqUipn￿nI
Heat, bght and wateT
Maintenance and RepaFts
Insurance
Cl¢anwg
Professional fres
Total Buddlljg
8510
7813
122
3424
537
538
8510
7313
159
3424
537
64
42674
9439
5289
16916
2824
424
4680
1483
14295
5952
20247
1483
￿￿￿trieS
Vicavs Discretiortary Fund
Vi¢a¢s m￿LS1ry
6476
6476
2070
1568
1453
703
421
370
288
214
133
250
903
1339
2070
207
1388
484
156
CAMEO
Worship Mini%iry
Ire2¢h
ChfldT¢n's Mini41ry
Young Families m￿tsIry
Youth m￿LS1ry
Book5
Curdles Ministry
Total Mintsities
219
265
370
288
75
133
662
1548
103
288
139
8850
13696
7354

Page 9
ST MARY OF BETHANY CHURCH, WOKING
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
{continued)
￿{P￿4]D￿r[j￿E1C￿￿1]n￿edl
Unr¢siri¢ied Funds
neral
t￿$￿Trai¢d
All Re5tricled and
do￿￿nI Fund5
TOTALFl￿￿Ds
21)23
2022
(b)
Church 8¢1ivile5 (COnt￿U¢d)
Support and Oihtr Costs
Sundry EwEnses
Corrrfnunicalions
T¢l¢phon¢ & Int¢rncl
rr SoftwaT¢JConsunkibles
Ae¢ountaftcylBookkeepllJg
PtinlinglSialion¢rylPosla8e
subscript￿ns
JnO¢pend¢ni ¢yaminatiott
Floiv¢r$
Batsktharges
Consult￿8
Equipment
Toial Support and (hher Costs
1429
1374
1953
745
3397
6107
1864
2182
1849
1532
1314
399
1780
1588
1588
915
995
600
372
346
372
346
271
318
3177
14273
Total Churih Actiiryti
192631
4873
33114
230618
345577
FundraLsng Activities
Rented House Costs
Totsl Fundrai5in2 Actiiitie5
546
546
546
TOTALEKPTrNDrruRE
193177
31330
78721
304228
399218
STAFF COSTS
2022
Wages and $aiatiEs
Socialsecurity C05t5
Pens￿￿ costs
41214
SM>154
153
1757
3366
42369
95277
Th¢ ¢huwh operates a defined eontribution Pension Sch¢me for its employees. All payments due in the
year have been ¢haTged to unrestricted fvnds in the Statement of Financial Activities.
No employees received ernoluments of more than £60,000 for the year (2022 None). Remuneration paid
and benefits provided to the church's key management per50nnel- the Vicar and otheT PCC members-
are di5¢105¢d in Note 13 below.
The average number of staff employed during the year was 4.32 {2022 7.42). ¢ompri5ing of 1.00 full time
staff {2022 1.83), 2.47 part time staff {2022 4.25) and 0.85 sessional staff (2022 1.33) which equates to
1.64 full titne equivalent Posts (2022 3.30).

Page 10
ST MARY OF BETHANY CHURCH. WOKING
NOTES TO THE FtNANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
(continued)
FIXED ASSEfs FOR USEBYTHEPCC
Frtebold Jand
Office
YDd buddings Equiptttnl
Audio
Equipft*ni
CThurch
Equipnxnt
Toial
TJn8ible fLYd ass¢ls
Cosi 01 ValuaiK)n
At l January 2023
Additions
27467
86738
14959
529164
D￿POSal
Ai 31 December2023
27467
14959
529164
t￿p￿ciat￿)n
At l January 2023
D￿PoSal
argc for th¢ year
At 31 DecetnbeF2023
25282
35174
6227
545
5782
2183
8410
8510
25827
40956
75193
Net Bookvalue
31 De¢enther 2023
31 De¢eThbeT2022
1640
45782
6549
8732
453971
51564
462481
The freehold land and buildings comprise 46 Hawthorn Road on the Barn5bury Estate, which was valued
on an open market basis in January 2022 by L Morales of Foundation5. Its historical cost is £245892.
Investment5
Balance I
January 2023
Balance 31
December
Addition5
Withdrèwals
Gain
2023
Quoted Investernents..
C8F CofE Investment Fund
12976
1220
14196
Debio
2023
2022
A￿ount$ R¢¢civabl
3354
Inconr taxr¢cov¢rabl¢
P[epttyn￿￿tS accrued
1777
162
2527
5293

Pagell
ST MARY OF BETHANY CHURCH. WOKtNG
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
{continued)
CURRENT ASSET ￿VESTMENTs
Current asset investments comprise cash on dep05lt with matsjrity periods of les5 than one year- £195 is
available immediately (2022 £195). £290261 is available within 3 month5 (2022 £254891) and £85853
(2022 £0) available over 3 months.
The church deposited funds into two new baE]k accounts via the Flag5tQDe Platfom in 2023.. HSBC Bank
PIC 3 month fixed tenn deposit and Aldertnore Bank Ple 12 months fixed temi deposit. The amounts held
at 31 December 2023 are £64135 and £85000 respectively. Flagstone operate a holding account through
whieh fees are d¢ducted during the life of the fixed tenn dep05it. The balance of £853 was included as
nds available over 3 tnonihs as any balance cannot b¢ wsthdrawn until the end of the Aldertnor¢ 12
month fLxed tern) deposit.
CBED￿0RS., AMOUNfs FALLING DUEWITHtNONE YE4R
2023
2022
A¢¢nJals and defetred inttsttt
TaYrtI￿n and So¢ial Security
Other crediior5
Total
3727
22514
557
423
1265
5549
34549
io.
ANALYSIS OFNET ASSETS BYFUND
R¢slriBted
Funds
FndoiTrTneni
Funds
Unrestri¢ted Funds
Designated Revaluation
TOTAL
2023
Ctncr41
Tartgible fL*d lsseis
Fi>Ed ￿St1 ￿VeStIrEn1S
CuTteSJt Assets
299863
1541(
453971
14196
141
161874
19369)
80195
435759
155491
898377
Curreni ￿ab￿li12$

Page 12
ST MARY OF BETHANY CHURCH, WOKtNG
NOTES TO THE FINANCJAL STATEMEwrs
FOR THE YEAR ENDED 31 DECEMBER 2023
{¢ontinu¢d)
MoveNtnt ui Resourc¢s
FUND DEfAILS
BBiance
ll]$l
Balance
31 D¢¢cnkner
2023
l January
2023
Incon
8wenditure TTansfeTS
tiA)ssesl
Unr¢slrici¢d Funds
ners] Fund
392824
293150
1193177)
134,0711
458726
DesiBnated Funds
ma￿)r MaintBnance
Cl)ITeanVPCCTiihe
148591
12747ll
14451
149ty
26172
1370
BuiWin8 DevebPn￿ry(
Asso¢iaie Vicar
16406Z
Lcga¢ies
Mi$s￿ll & Ev2ngeli%tn
46050
(460501
Totsl
192371
1323301
32172
192213
Revaluat￿￿ Reserve
154108
154108
Rtslricted Funth
Vicat's D￿¢T¢li0nary
Associ&te Vicar
5046
5(K)
164761
1070
Mission & EVange￿$M
M￿s1on5
Oigan Repar(s
Youth AGINili¢S
29705
27207
1283851
28527
1877
14841
1393
239
239
EqUiPn￿nI
Budding Developll*rtl
Thorne Bequesi In¢oThx
St Mary'5 tncal ML%5ion Wol
Makitig Miqsitstt Possthle
Canro
10431
540
13991
12(X1531
(194)
10471
36065
194
1233
1233
22575
1213421
1330
1581
79134
Totsl
103416
52540
17872AI
1899
Fmthi￿lltFunth
Thome Beque51 CapitBI
12976
1220
14196
Funds t￿ held for Ihe following puryoses..
MajoT Maint¥n4nc¢ Fund
To help meet the costs of any future major building Tepair
Gol Tea[t￿PcC Tithe Fund
To se¢ aside funds io donate 10 mission partneT5
Building Dev¢lopm¢nt
To set ￿]de funds as seed capital for a Major church building project
A550¢iat¢ Vi¢aT Fund
To help fund thc Associate Vicar p05t
L¢g2ties
To set &sidt legactes received for project fi]nding as deterniincd by th¢ PCC
Mission & Evangelism
To r¢wrd funding for mission and evangeli5tn IVOTk. Balances previously held in
the Aswciate Vicar Fund ttL¢ Mis5Loll5 Fund weTe Irartsftrrcd into the Mission
& Evangclism Fund in 2021
To relieve C￿¢5 of hardship in the parish. at the discr￿lon of th¢ Vicar
To record donaliorts Biven for specific mission work
To re¢ord donations given for the repair of the orgaft
To record paymenrs by attendces at childT¢n'$ and youth evcnts. and donations
towards the work of the children'5 and youth rninistries
Equipment Fund
To record donations received towards the pur¢has¢ of equipment for church use
Thorne Bequest Incotne and The Thome Bequcsl is a permanent endowment which requires incomc to bc spent
Capital
on the maintenance of (he church building
St Mary's Local Mission Work
To retoid donation5 towards the mission work of St Mary of Bcihany
Making Mission Possibl¢
To reco￿ donaiions received for specifLC Tll15sion work as a result of the Making
Mission Possible weekend in 2023
Vicar's Discr¢tiotLary Fund
Missions
Organ Repairs
Youth Activities

Page 13
ST MARY OF BETHANY CHURCH, WOKtNG
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
(continued)
Material Transfers b¢tween fvtLd5 were rnade in tIL¢ year..
lal
from th¢ Gcneral Fund to th¢ Gol Team/PCC Tithe Fund totalling £2817212022 £286091 being a tithe of the
church's unr¢51ricted donated income
from the Associat¢ VicaT Fund 10 the Mission &Evangelisrll Fund totslling £012022 £0)
from th¢ Building Dev Furtd io the General Fund £012022 £01
fmm the GeneTal Fund to Ihe Major Maintenance Fund £600012022 £01
from the Mission & Evangelism Fund to the General Fund £012022 £54905)
from the Major Mainienance Fund to the O¢tJ¢ral Fund £0 {2022 £26051
from the Making Mtssion Possible Fund to St Mary's Local Mission Work Fund £1233 {2022 £33071
frotn the GolTeamlPCC Tithe Fund to the Vi&s Discieiionary Fund £20￿12022 £01
Ibl
Idl
le}
Igl
Ihl
(kants
Th¢ following list includes all insiitut>)ns or ll)dividuaLs that received gAnts or gifts.wiih thos¢ over£l(XK) de5crib¢d..
2023
2022
To lo$titwtion$:
St Mi¢hael's ChuT¢h, Sheetwater
Media Maiieis Min￿1n¢5- foTB & G M¢iKod
A]2wbfying VoKe5- forj & EHaryte8ves
OM-forA&CMall
22817
8749
8216
2861
7018
7483
8130
6955
OMF- form & LJe880
FJJ8age
Redeemercrtce Church. CErtev&
FT￿ndS ofthe Holy Land- Archbi%hop of Canterbury's app¢&1 hr
hu]￿1￿1t￿nan Bid forfjaza
5524
6791
5875
6703
Tellrfllnd Christtros Appe81
CNS - forF and S Yanez
5249
Si Andrew's aJur¢h, G)Ids￿rth PaTk
(kh¢r5- 2 ￿s[li￿r￿ns12O22- 3)
750
837
To
h¢rs- O individuals12022- I)
Total
250
50613
70347
lknceries donated to Woking Foodbank
2717
TOTAL
73064
5J641
Grants aDd Eifts can 4nalped ￿ttl¢t￿:
Supportin8 Chri51rnn mission worldwide
Supporting Christian Trys5￿nIOr9IlY
Supporting the Tebefof suffeting lli Ihe lo¢al COLThnunity
Support￿￿ Ihc ￿l￿fof$Ufftring worldwid¢
TOTAL
No support costs were allgcated to grant-making activities.
38753
39643
30358
10294
2717
331kS
1236
73064
53641

Page 14
ST MARY OF BETHANY CHURCH, WOKtNG
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
(continued)
TRANSAcfIoNS WITH MUvf8ERS OF THE PCC AND OTHER RELATED PARTIES
The Viear and the Aso¢iat¢ Virar are membeis of the PCC. The Associate Vicar left the Church ￿ March 2023. The
Diotesan Bostd of F￿Hn¢t paid the Stipend for the Vicar 2nd PTovided housfftg for the Vitar. The PCC paid the
siipend and associaied employmeni costs 10 the Dio¢es¢ Board of Finan¢¢ in collnect￿n with the employment of the
Associate Vi¢ai of £820712022 £399661. The PCC provided a house which ￿ owned by th¢ thurch for the A5social¢
Vicat. The PCC paid £1293 for costs related lo the Vicar'5 hou5in8 12022 £11201 and £253 in ¢onn¢ciion with Ihc
As50ciole Vicgr's housing 12022 E35301. In &ddilion, the PCC paid the expenses of the Vicar and Associ&e Vi¢at
PTOP¢Tly incurred conneciiort with their duties which ￿thI1¢d £194412022 £155XII ￿ wdl 8s traming and retregts
which in awegate ¢0s1 £96712022 £15471. The Vicar and Associate Vicer did noi pattl￿p￿¢ in approving their own
pay[[￿ts.
Gr￿ts iotalling £8130 12022 £81231 wer¢ madc 10 OM 10 fuTth¢T A M￿1,$ work SUpport￿g Christi3n mission
overseas. A Mall is ielated lo PCC MetnbEr C Mall. In I￿t with the PCC'S cortfliei of inier¢si provisions. C Mall did
not lake pBrt in decision-making for these grants
No other PCC member received any remuneTat¢on or employm¢ni b¢n¢fii 12022 NoDel. Tbere weie no expenses
incU￿¢d by PCC members iti fulf￿1￿1£ their duiies12022 Nonel.
Th¢ total aggr¢g8t¢ amount of donal￿n5 T¢c¢iv¢d from PCC m¢mber$ and other related parties totalltd £50.342 I2￿12
£58957) In the year.