HEGJsfERED CHAIUTY NUMBEIL. 1129065 REPORT OFTHE TRuvfEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEARENDED 31 DECKMBER2024 FOR THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARJSH OF HIGH WYCOMHE ALL SAThTS
THE PAROCHIAL CIWRCH COUNCIL OF THE EcClAsricAL PABJSH OF HIGH WYCOMBE CONTEfus OFTHE FINANCIAL sfATEMEKrs for the Year Ended 31 December21)24 R¢portof th¢Th¥t 10 St•t¢ment of Fin111 Aedvltl&4 12 Notes to the F]nwl Sth*rnents 13ty21
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLLSIAsficAL PARISH OF HIGH WYCOMBE ALL SAINIS REPORT OF THE TRusfEES for the Ytr Ethded 31 Dec¢nbb¢r 2024 The Trnstees present their report wilh the finon¢ial staternents of the Charity for the year ended 31 D&mi2024. Repub]icofIYdI IFRS I1) lefflive l J&wary 2019). OBJECTIVES AND AcrtVlTILS The PCC is committed to enabling all pIt to Kh1p at the chvftth WKI to becomepart ofthe p8rtsh community at All Saints.. The PCC maintsins an overview of Mvrship througlwt the parish and makes su88e5tion5 on IKTrW service5 C involve the many diverse wups that live within Ihe wish. Th¢ servitts And worship exFffess and nurture f8ith thTOU8h prayer. 5cripiur4 mLL8iC and 52cramental worsbip- a place for Ithle mrnn1ty to encounter God. That faith is put into practice throu8h mi55ionaL twtor8L evaTh8elisti4 sociai8rtdecumeCal en8a8emenlwiththe ptrisl4 andwider worl Vlhen plat)ning activities during the year. the Reaor. PCC. Sh8ted Leadetship Team and Ministy Team considtr th¢ awity Commission guid8rtceon public benefit in Fwtlar.thcWiflc guidance ¢m eh&riknes for theadvattcemt ofreligion. In pftrticular. emphasis isgivertto emabkO1nIry pwkto liveouttheir faith &sprtofourparish Mmunity through.. Worship and prayer. leaming aboyi the Gospel. and d¢veloping Iheir knowl in Jesus: Pmviding pthral care forall pw•k IiiD8 in the 1$. Missionary and ou11r worl. Making the church milable for community within Christian and secular 8roups" and. Encouraging fellowship. (XWlOn and ErStandIng within the mMUnity. In supp)rt of thtrKobjectives. has an empha8is on exmding hospitaliry. together wtth improv aceess and availability. We 5th to en8bk the wider comrnunity feel Mtkome And share in the use of the building. To facililth this it is tin[ that the fthic of the Churth of All Saints. is rnaLri to the hi8hest rnssible 5tandardeommth5urste with theresowces thftE providtsj forthisttsk. Inthep&d this t&%khas fallen to rich bEnefa¢iors and the con8iegation' hOer, for fuiurt as a GTle I listrd Building at the hcart of the town, wÈth a ILiStory d8tin8 back to the I lth century. it is appmwi¥¢e that the wider High Wycomk ¢))rnmunity is aware of the historical and 8rchitcctural importance of the buildin& As a spiriknjal and activity hub rf the trart of 1vIty Tn the Wtt. hop¢ that more will see the v81ue of (x)ntributin8 towards the eep of All Saints. Fwid-Tai$iTh8 a¢tivi¢i¢s )d 8pp¢•ls this ye4r hftve 4yorted locaL national •TwJ relief a8encies, &% well community focused nu]sing, rnenthl health. ChTiStian youth & refugee 5ervice5. We provide a wann SPA. th>nation- based caf4 Iwi¢htim¢ concerts athl wlar conununity meals for ftllowship 5uprA)rL There a150 been a very genetous reS)nSe to the ur8enl need for T4Mir and replaceEnent ofmany of the tower steps. as well as rntsing fvnds for the major work to restore the South PO within th¢ wider SouTrJ Light Space proje¢L This will require significant ditionai fithdraisingaetivity. Theseprojectswi11safe8uard theheritrgA but81 impme the fimc¢iono]ity mdam¢nitie5 wtthin the buildin& thereby InCrSin8 its we al appl forthc w&dMMunIty. Pge I
THE PAROCHIALCItURCH COUNCILOF THE ECCIESIAfflCAL PARISH OF HIGH WYCOMBE ALL SAI REPORT OF ThE TRUSTEES for the YtAr Ended 31 Dece4Dber 2024 ACHIEVEMENT AND PERFORMANCE All Saillts- Revltw of the Yar 2024 It is a b¢&utiful thing to be part of sh 8 vibrnnt c4)mmunity. # churth with a heart for k>ve 8nd mission in the heart of our community of High Wycombe. This ret will onty touth OJL rne of the hi8hlights from the year, Ind those who read it will doubt hAve maty ideLs of wlhat I have fwth- my 4x)lo¥ie4 but there is so rnh1 Weekty eYetst& Every wttk is be8 with CAd in the tKewbzofJesus the Eudwisl Wbth a few doli¢•t¢d m¢etin8 for th¢ Book of Common Prnyer wmmunion befo the larg¢r8athering of the churd) community atthe P8rish Eu¢h¥rist service. Every Sunday evenin8 is held in prayer. rn05t in Eve& chor81 * the start of each mDntty with OCe&sional Ledby ihespirii Euchawt drawin8 a dIfferet o)mmunity tO8ether in Contem[K) wDrship. Each day of the wrtK the Mu518rd Seed Café is opth to welrne visitOf5 4TMt re8UtaT5 alike through ourd run by a diverse dedicated group of volunteern On Mondays Agkrious Lundjtime Concert draws in * full church to hear togeth¢r the gift of music and Monday evenings see the Bell ringert wactising their talents and the majestic wuttd is he4rd throughout the valley. A Conmctions Sw Drnpin and NHS advice servitt regularly rneet clieiits itt the thurch and every Tuesday evthing IIM)se on the ul8e ofour mMunity come gether to sh8re a me81 ai Ihe Mustard Club. On ThU13Y evJin8s. the dM)ir praclicu uTh4erthe awKes ofoyr Mu51¢ Direaor athl ow Or88nisl. The week is almostelosed by Small Saints meetin8 tO8etheron Fryjtys forplay and worship. An4 b8Ing iMt, the tlower ladie5 d0[ate the dwrch with xlme aZIl aents leXCellenteIe kttps the plxe sparklin& Monthly alld Irregular¢vents 2024 saw the slow Ix8inninBS ofour Youth Group that we artd prny will grow in PUFose and regularity. The Repair Café meets monthly on the 2r4 Saturday in church tt) reuse and w¢le thatwhich might otherwise be ¢htDwn away. A Men's Group meas on ocwion to drawtO8ethcr and talk over some food drink. And a Craft Gtoup comes into Chwrh on either the 2 or 4 Sundttys to tre ithlivll or grow) pmFds. 8Dd hold frien(Lship tO8ether. EvtDts thrfjDgh the year 2024 saw I I baptisms. 5 confiEmation8 2 weddins% 22 lebral at0rthrn All Saints. We 50 hdd 14 differing sttyiees. frorn mernorials to Harvest Fe5tiv8ls Carol Services. ond 6 con¢¢rts from some vay talented group& And 9 xhools and 0theror8anisatio% arranged to visit and tour the churth buildin& Jallyxry-F¢brnry A5 theyw k8an we cekbrated tO8th F•iphany with the blessi/1 chulL semltngeveryone home mwk their lin1$ with 20+C+M+B+24 to bless theyear in thedkest of n0th$. J8nwry alg) $8w sigThif¢c•nt'steps' in the tower steps long repair. Feinwy itgan with the Churchwardcn5' thank you to all the many volunteers who suve the parith e[ble the mission of the churclL Ash Wednesday came on the heels OrcOn8S atMI Lent Groups started watchin8 I08eth and tsjking about Tr Clw¢n, the TV series OD the lift of Jw with qU¢stiO prcpartsl by Rcv. Ant Dixon of St Andrcws. Chiltem R8n8er8 and volunteers from the ¢hurth ontt moT¢ on thethurthyawd to eut out some nw)re ofthe nonp#]¥¢ shrub5 aTLd ¢lcarthc sitt. M8tth-Aprll March begm with asrying clrln ofthe churd4 t1]ngoUl the rnK)ks cThJnie4 clearin8the dcbri50f 8year (or so). The cnd ofthe month the close of the knten and the8 fea# of Easter. At Passiothtsde. the reJYi)s aod statues were ¢ortred as we tsted tk church further in LthL" Patm Sunday IyTh tr¥diiionaily outside with the wavingof the undw the Guild Ha]I' and Hoty Week had 8 series of rneditatiOTLS lewJÉn8 into the foot (and hand) wa5hiTrg of mall Thltrsday. Rev. Jackie Lock took charge of the Tiidium and ted us through &meditative G¢yyJ Fridw with appropriate musical intcrvals beforethc dKyif5an8 the P&ssion from John's gospel in the IASI Hour. FAsler awoke to the fire outside the West th9d Derek skng the Exfultsi befowe *t setded thwn to Ixe4kfasL Page 2
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTIC4L PAIUSH OF HIGH WYCOMBE ALL SATs REPORT OF THE TRUSTEES for the Ye•r Ended 31 Deeembtr 2024 ACHIEVEMENT AND PERFORMANCE AJI Saints- R¢vi¢w of the yeAr21n4-tiDUed April a18rge wup gather fOran.Aw Day. * Hoty Trinity. Hazluwq tr) listryh and disc the Livin8 in )ve ond Faith o)urs¢. May-JuDe May w&s quieter. but wt ctlebratd wme 0f0uryw wple thitted to [nUllE0n. June's highlights ineluded the tkDay Atmivetsary ServiL on 6 Jun< the F¢4ival of Wellking (m 15 Jufte despite the atrocious weather. and the Hustings for theGener8] El1%)n 21° June with all the part% rqresented and &hUrtd gathe to hear their options. The Archdeacon's visilOn Serviceon 26 June 8athered togdkn the Chturhwarden's from auoss South Buck4 with a few from the Ix)rder. Juty-Awst A quiz night on 5° July draw us in 9)me gxial IMBhter. trIng Juty. awup met togdherto Wther Ihe various Biblical texts ffling Living in kne and Faith on a few Sthrday morntngs. A Pride SuYi¢¢ celebroled on 17th AUgt with manbu5 ofthe LGBTQIA+ commwjity gatsing in the chUh to hearagain that they are Jovd by C. after. the thurch bad ast811 at Pride 8nd 8aveout c4ke5. Septemberthtober At the startof septbe1, the Mayor's Chairtsken aw8y formwh Tded IEW. Wyryjrnbe Celebrate& a tthv festival, held on 8th Septhberwith some wondethl ¢Yaft wups in Ukrninign dancin& ao)mbined thoir io sing 108ether and close the cdCbratio A Cre4tK)n Care gro rnet forth¢ firstli¢n¢ todixuss Im¥ th¢ ¢but¢h ¢wld mov¢ fonYaTd ertvimnmentsI issues. Heather jOhnsth from CMS ¢Ille atwj prewAKd October. In late OLober. the UnFeen E£hoe$ exhibition of plgraphS on dom¢stic abuse w&5 displayed around the iwildin& a set of image5 thatdraw attention to the issue by IDoking at theobjects th tell the sl]eS of the people affttl fiom different prytetives. The monthelosed with the of Bkin8bli¢.S Potvy Apr1 on 26th All Sfiin November-Dectmbtr On the 16th Novemlxs, the town's (Jwists Li8hts switchcd on and we h1 a5th11 outside the clwrch invitin8 pA)pk to WTi¢¢ th¢w chris prnyets. TheCivi¢ Remembrnrte held 8tAll Stiints on l(vthNovemberwith a wked thurci and Remembrance Services also heldol BNU th Royal StsraThJ Garttron I lth November. Noveinber ts also a monthof rememberin8thoseckw to us and was framed by th¢ two seTvi¢e& on PNovwb¢r our All Souls servict and ¢)n 30 NovcmE¢rthe Li8ht up a Life Service held to brtnE to heart and mÉn4 snd hold before G)d in prnyer. those who have gone kfore $. Decemberbegan with the 8knrl0 Advent C8roLs on the 1°. a01 Service at BNU on 2 Dber. Chri5tm&s wove in¢xtricably inio Advtht with fimof Chriswcrnfi Fayre. LY&mplctr with handbEI]s atKI catolling thng5ide all the splendid creation& The Christiw Tree Fes¢ivo] trees came into chureh on 16 DeL%mLr Ind were ded within itth of their folia84 and we cekbrat¢d with amThllous SForkle Evening on 2 Dectmber. awisthias Eve saw the now tradilional'cribtingle.. a lovety math-up of thecrib and Thrislin8]e servicffj with wme 8mazin8 rrfonnan from LdIng uncles and grand&ts-as the childrtn entered the dwrcl4 they W¢fE told they Uld dresNp in the NatiTrity characters, or &es54EP their fflaiiv¢s... Ihy did Tr)t di58N1thL A huge thank you goes outto ail thew)ndthl 5ff81 %lUnteerS make all this wible. Particularthanks must go to Jen and Lis who wr our chwchwardens for the fiTsI quartcr. arKI to Stevcwho kft us in February. Mark who took up those rei8ns, and to Thistk WI worked so bard thmu8lM)UL All this is. as alway& ¢)rtty possible by the dedication of tlK ehurch who Ik to the mi&sion Ofjest0 share the ioveof God our*vA& Well done to atl al thank you. Fr Anthony Page 3
THE PAROCHIALCHURCH COUNCILOF THE ECCLESIASTICAL PARISH OF HIGH WYCOMBE ALL SAINTS REPORT OF THE TRUSTELS rorthe Ye4r Ethded 31 Deeember2Q24 FINANCIAL REVIEW ResNIts for the Y¢¥r The results for the year and financial tnsilioD of the Parish are as slL)wn in the aTmexed firAncial stat•nent& Summary Tola] income for Ihe year w8s %279.616 with totsi expIre tUtIng to £266.867- Giving a headline Surplus of £12.749. Although fijndtaising was lower than 2023 (when we the Tower Steps aprAI), churth aetiviti4 propttty r¢ntsl and int¢t¢st were ExFaikne w&5 up. mainty th* to utilities. stotKwork inve5lk8ation5 and public prOtIon
row the South PorclL There wete net revaluation rnaking an arts)unts swplu5 of£19.964.
FocUlg on nornthl budgeted item& (excluding £10.172 of unbjdgeted lthoff legxTres), itKome was £269.444 against a budget of £259,226. Pknned giviTE was 2% 8Ad thett were matty generous resp) to our All Saints Gift Dw. There were singl¢ donations totslling £11225. with a projexled n¢t snnual in¢ru5¢ of £7220 in Pl8[ed Givin& There WAS 8re8t COMMlty engogementwith our christm Ctaft Fayre and Trtt Festival. Totsi eXndItuTe. at £266367. resulted in a budgd it¢m 5wpIu5 of £2J77. How¢ver. phnned ¢xwditure also includeAI additional £14.737 forthe Mi&sion and Ministy fLmd. in PIq10n for new rninistrie5 Starting in 2025. Initi81 fund5 have been all0d. l)utthis left a sIM)rtfall of£12.160 against the plan. Thiswiil need to bE ddreSs overthe next tw years, 8s the Mission aTwJ Ministy tar8et rises (£18.000 itt 20251. Th¢r¢ is a growing sens¢ of community 4nd (x)mmitsna to the of the churth being led by Fr Anthorty. The financi81 ¢h8llenges ntinue to be the Monework and South PoTth restor10. within the Sound Light and Sp¢ ptO8ramrne. However. the oew ministries will enhthKeour tthiS5iott engagemetht Wtth the widttcommunity. Funds Income and expendith for TMinated aLXivities such as the Caf4 Ow. Community Meal& Church Fabrie etc. are all(at to their irKlividl fithds. This allows for dir¢¢¢ p8yments or trnnsteTS to be rne frnm the geneT81 de5i8llated in accordance with approved ty Ihe PCC. During 2024 the nmin transfus were from d¢siwwted and genernl rullds to the 'Youth, Children & Families Ministe¥. fund {£11238). to cover sa]ary and patsion wts. The4t was also a lrnnsferof £900 from a Sch(MTrl C2ToI Suvice colltttion towards the oj R¢sl#10n quoles. A transfer to the MÉssion and Ministy fi]TwJ vas Made afterthe yearend. In ovetsll vaJu4 all 8rt in credit The Sout¥J, Light & Spxe pn)ject 1]ludillg the South Porch resknratK>n) will rEquiresi1rYl fiknin8 and Money Refeived frnm GovtrnJD¢fjt Nonnalty. only rnniEs reeeived from GOveent X)UrC are the Gift Aid finlS from HMRC. mJe on donations received from UK taxpayeT5 and thc GiftAid Smajl DDDations Schem& In2024 these amount to £33.184. Additionajty 2024. £3.871 VAT was refvnded on the srone survtys artd slep5. This w&$ uler the Listed Pla of Wotship (LPWI Gr8nt Scheme. For 2025r26. there will be 4 cap ort claims of£25K lirnitin8 the fiuMlin8 of rnaior prnjects. Restrvu polky The PCC IK)Id5 reserve5 in a number of funds most of which are desiwid 8s per name of the fund. pending the expe¢ted expenditure &% outlined in the paragraplLS alx>vt. The CBF Gener Dep)sii Lloyds and CAF Bank acLX)unts hold the workin8 reserve for ¢he ¢haTity - ideally b) cover 3 5alarie5 and fre5. In previo Ye it has been diffi¢ultto maintain aL%>nsistent level ofre5erve. Asof 31 DcLxnber2024. th¢ thaTity Iw ¥hi¢vtsJ this target. (This wa5 without the ba]ance of a proputy saje, which will bE usoj for urgent works and the South Porch. when the way foThvard is a8reedl. Th¢ General DeFrt)si¢ ond CAF Bank higher in¢w51 •ccounts thre used to knld restricted and dEsignat funds. Givcn the continucd unccrtainty of the fKIal tA)sitIo a La)Aservative apwoh to invests))ent Iw been tsk¢n. Value of the Chwrell li is imp¢)ssible to give an xcurate figwe for the value of the Chuwh and its cott irt of the Statement of Recommended Pr8Ctio The Chur¢h is a Grk l Listrd Building of gret The ntent5 are accurately reLX)rded in the Tellier and InventtTrry. ILst pYes¢nted 81 the Atwwj Meeting of P•rishw)ner on 28 April 2024. A valuation for insurance purposed was eompleted ty the Ecclesi¥tI in Marth 2022. P4e4
THE PAROCHIALCHURCH COUNCILOF THE ECCLESIASTICAL PARISH OF HIGH WYCOMBE ALL SAIF4TS REPORT OF ThE TRUSTEES lor the Year Ended 311)tcember2024 FINANCIAL REVIEW- eontimued L%gacies Policy The PCC, through the SkwardshipandFinan¢eGn)up. pemdlty manbetsofth¢¢ongr¢gati(Trn asto thettnefits of leaving a legacy to the Church in their wili& The policy tOW8rts exwdilure is that any Urtricted monry received should Ix earniathed to ¢opitsl projects wher¢ reco8Thition of the donor wi be made rather than jt deem to be art Jditional sounx of revtnue. Unrestricted le8xie& ofwhKh ttKrc was one in 2024 aTKi m¢rIal doMtion4 ate placed in the Lcgacie5 Fund untLI the PCC des1c5 tre suth ftw)nte5 are to be lOCad or sprrt Rcstri¢(ed legacKes. of which thtte were ne in 2. are allted ID XY)nknwith thE tern%of the thnatIo or 8greement with the [mIly. EVENTS SINCE THE ET4D OF THE YEAR Quarter one of 2025 i% rutmin8 with ? rolling balarKtd bSeL In re•JiDess for the new ministriffj lch start in quarter two, the budgettrA fiuLd5 from 224 have been tr¥Lsfurtd the Mission & Ministy fun4 to covcr the fith]re Incre in Parish Share. Also, preparation 15 underway to trasfer a church wpety from reDtsJ to aLYx)rnti0n for the new These chattges will lead dcficit bud8cts in 2025 and 2026. drawing frorn the Ssion & Minity fill, whilst we knpe for further incJY&8es in givirt& sust8irt these mtnistries from 2027. There will a150 need to be itKreawJ fu$ in 2025 on stonework nInterle¢ and gaining agreement develop dethikd pmposajs for the &>uth Porth and wider Soun4 Light & spa pmjox IncolnI1g audio•visua] development and rel&110n ofthe or8an. These will neal sI1rt 1110081 fimdrwit STRUCfURE, GOVERNANCE AND MANAGEMENT BA£kgrnuDd The Parish of High Wycornb2 All ints. 15 th¢ Parith Chw¢h of the High Wyo)mbe Team Ministy. The Parochial urch Council (PCC) is a coryorate PY establislxd by the Chwcb of England. The PCC operates undtt the Parochial Church Council {Powers) Measure 1956. The PCC cmpuates with th¢ R#&)r in PTomoting the whole Mrssion and Vision of th¢ Chtrth: paknl, evaTr8distic. social &umen]l. Governing DocumeTht The PCC re8iStered as a charity with the Comrni&%ion with effect fmm 8th Apftl 21#)9. The PCC is Bovttned under the PCC P¢)wu5 Measure (1956). a5 and the Thurdl Repre5&rti Rule PCC Organi5atioDl SIT•ctsre Memberxhip Membersof the PCC areeither¢x olricio orderted ¥ttr¢AnM Pthiaj ThurchMtttÈng (APCM) in t£e0rdCeWIth the ChUh Representation Rule5. Th¢ (kny40-day mana8ement of the PCC is delegated to the Reetor 8nd Churth Wanlens. All SainL8' High wyrnbe is alw p¥rt of the High Wy¢onkneTe4tn Ministy. a tOWIde benefice of six parishes over which the Father Anthony Sezrle is Te8m Retknr. There are individual pfyrish PCCS and a separnte Team Benefi¢¢ cou11. The PCC is al the MaTIng Tn&¢e of a kgrity knowD 05-the Oakley MeTh)rial Churth L•Js Brigade Drill Hall in the Borough of High Wycornbc in the County of Buckingham eomprtsed in a o)nv¢y•)¢¢ datol 24th December 1906. ("the Oakley H811 Trnsl'l Lthder whith the premises comprised in that conveyarKe (now represented by the premises eompri5cd in a Ic&se dated 6th Novemtw 1975) were lo be held as & church h1. mission rwm. parish room, classroom. meeting Trn or lectUTe etc.. with Wer to Id ¢Xo Th2 of thc oakley Habl Trust arr ¢onsolidated in
THE PAROCHJALCHURCH COIJNCIL OF THE ECCLESIAsficAL PAIUSH OF HIGH WYCOMBE ALL SAINTS REPORT OFTHE TRus for the Yur Eoded 31 Dec¢mb¢r 21 sTRUuRE GOVER14ANCE AND MAI¥AGEMENT PCC Org•DitiOn1 Stry¢tsr¢- ¢fjntin¥ed During th¢ yw the followi 5¢ryA4 05Tru#tt5 and memttts ofthe PCC: Ckrgy: Reclor. AsSl4t¢ Pri¢sL' FatherAntlKJDy Se4rle •# Revend Jxkie LLk # Licensed Lay MiDiStus: Miss Maween LamF•rd * (NotTnL%tee) Children & Families Ministrr. (Forn)ly Roger Vere Yoth Work¢t) Mts Robyn Corthdty Church Wardens: {to Awil 2024) {lo Awil 2024) Honorary Deputy ahurch W8rden: D¢an¢ry SyTh)d Members: Mr Barry fitrhen {ty 2026) ( 2026) (to 2027) (to 2025) (ts) April 2024) (to April 2024) (to April 2024) (to 2027) (to 2027) 2027) April 2024} 2025) (10 2025) (kn 2026) (to 2026) {from April 2024) (from April 2024) {CovOPted frorn April 2024. Not Tntsttt) {Co-(ytrd from April 2024. Not Ttwtee) PCC Memi%rs: Mr5 LYndamrc[oft • Mr Philip Hynard Mis5 Elizabeth Martin Mr John Lord Mrs Sheila tkni8 Mr Edg8f SomuEI Mrs Da Segrue. Mr Mark JohL4)n Mrs Jehn Johng)n Mrs Jacqui Bmrley Mrs Mi¢helle Neude¢ker' Mr Mike S81 Mr5 JoY Lue Mrjohn LLMd * PCC Secretary: Mr Philip Hynord. Mrs Jacqut BTearley' April 2024) (from April 2024) Ditector of Mwic: Mr Philip Way (Not True) EIlOral Roll Offi¢er. Mr Errol Baktr Mrs Lo (to April 2024. Not Ttustee) (from April 20241 Parish Admitiistrator: Miss Eii7AE¢th M*tÈn (Not Trustee) * Denotes membershipofthe PCC St8nding ComrnitteelSh¥ed Ixtht51llpTe
Denotes membership of the Ministy Team
P88¢6
THE PAROCHIAL CHURCH COiJNCIL OF THE KCCLESIASTIC4L PARISH OF HIGH WYCOMBE ALL SAIN75 REPORT OFTHE TRusfELS for the Year Ended 31 Dettmb¢r 2024 STRucfuRE, GOVERNANCE AND MANAGEMENT PCC OrgaDigatioDal Strn¢thre- coDtiDKtd Other OfflEers (not TruJte4 uDle%s otherwtse tstd) Activities Wld H05Pitality: Mr Stephen Lin8¢r Mr Mark JOlun (kn Mah 2024) (from May 2024) Arts Spirittwjity: Mi55 ElizAbeth Mffiiti (Tn) S8feBuordin8 Offic¢r. Mrsjo Norm•n Mrs Robyn Connelly (to Juty 2024) (fiom July 2024) Mlnigement OrgADls•don The PCC operates thtough a number of deled 8rwp5. he•Jed by members Dfthe Shared L¢thrship Tearn (SLT): Shtred Leldership Tewn & Stsndln8 Committee: Key mernbuyofthe PCC1•5 indicthl by ') re5wsibl¢ for fonnul4tin8 strate8ie ptrish p)licy (brdInatin8 Inani8ement. Ministy Team: CIu8y, LiccNed lay Minist¢ts the lId1¢ & Fwnilies Minisr (As indicated by #) resP)ble fordl stsff. Ministy and PAS1 m•tta¥. Children & Farni]i. Rwnsible for the or8anisin8 of aaiviiies and the 8ra1 care of childre yoiin8 peopl¢ and families. Also for All A8e Worship. preparntion for Communion, Confimiion and w>rk with h0o1$. Mission & Evan8elism: Re4wiNe fortr mis8ioml us¢ofth¢ Iwildirf$). Iwithjity. en808eiwi wtth the widercornmunity. filth in #tion knd (x)nllnunie&tion of the Gospel. Worship & Litsirgy., ReSnsIble for pl•nnI and deliw of worship: Liw. Music, Choir. Sid¢%pAWe knd visiiing speakern. Stew&rdshlp & Finance Group: Resp)n5ible for fin¢111 plarthin8 ond MAnement ofthe church account& together witty risk mwemenl planned ond lax effieient 8IVLn& BuiidinBs & Fthic Gioup: Resp)nsible for the planned inSptIOns. mint•thnte knd repAirof the ¢hurth I1]ding and house5 owned or mage by the PCC. Educ70 & Discipleship: Rewnsibl¢ for e[h•bli and cOrdinlTr8 study and eduAtion Communicotio. Rewnsible for interf]8 with the wider publiq use of the web5it4 ial rnedi4 Fthlicity. di5piay& Art & SpiritU81ity: Exp8Nlin8 the community usc experienL% of the chur¢h through art and ertllivity" developing non-litiY8ical Spirits nneCti¢m$ and the l&iet Space. Oaklry Hall Mwent Group: This 8roup 15 It4ne forth¢ rnana8¢m• and InIng of the Oaklq Hall. Projeet DeveltspmtnL' Mang8iD8 re-ordering prom d¢velopin810rt8tt4tym p$ forthe chwth buildin& and or8anisir4 fund raising for these projecL Fund Raisin8: Overnees Thi)r fitth4 r8ising Yoss all of churth lif< mission ¥JJd vision.
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HIGH WYCOMBE ALL SAINTS REPORT OF THE TiiusfELS for the Year EDd¢d 31 DE¢embtr 2024 STRucnJR4 GOVERNANCE Af4D MANAGEmE- eontinwd Risk mAttag¢m¢Dt The TrUS$veaduty to identify 8nd reviewthe ri5kstowhich thr charity is exposedandtoeDsureappr¢)priatea)ntroIs 8re in plaL% to provide YeaEIle agai[¢ frnl and error. The Shaff4 LeadehIP Team (SLT). on behalf of the PCC, maintain5 Ov1 supervision of the key arwof l>uildings stafftlrou8h dire{ linem•n8gernentor th8h nominatcd gmups ffsp)nsible to the PCC: The Hon Treasurer is resFKJnsible for the day-ldaY financial mana8ement of the charity and wvKdtng 4)ecialist advic¢ to the PCQ SLT and t&%k 8TOUPS. With the exeeption olitittttwl transftrs of Twney accow1 811 expendilure rqulres the authorisatitsn of twy) nomind mernbm of the Church. AdditIo]lty. all members of the PCC and congTeg81ion wl¥) are rwirtd handle ¢buwth are cthifityj a5 'fit and woper and required IQ Sign the associated de¢lar8tion. The PCC is vtty that its irwm4 while dra frorn a Iu8e nwnber of hlOne[S 15 substantialty depdent on the s18nifjct donations o(8 comparatively srnall numberof peopl4or in thec&eof the Children and Families Minister. Mainly a single thjnor. The withdtawal of 5UPWrt those individuals eould result in immediate financial embarrassment and itwould E¢ nccc5w Curtail the adivitie5 of the PCC or to undertake fundrnising or th. The key fin1&1 risks that dty40 plaftrtd exdie is Trx ts)vereJJ by regu]ar inconK w that ur8t maint¢ryae Tequires filnds grealer than availabl¢ in re5UV¢5.11 is es%ttd abatan¢¢d bydgd is mointsined to ensure k)n8 tenn fllwlal stability. Buildlng The PCC reco8nises that theff are many risks to the buildÈDgand Conta? however, ail prnctscal and atTothbl¢ Mll[el are tsken to minimise this risk When opu). the building is a]ways mamied by a minimum of 2 wple and the 314 usable entrdnce5 all have doublc locks. A nEunber of SJitional precautions are takn Prot valuable items. Fire atKI emeTgency evU10n plans are in place and are rnaintsirtd by the Thurch Activtties Team. The PCC maintains app]Dpriaie inrance cover where rAb55ible to do SM> and 8 fiLII itLwrnnL% valuatMJnfllLspecLion was 1&8t undertaken by the Ec¢l¢siostica] Insurartce Company in 2022. Thc church is high]y dq)uthnt on the willingncs5 ofvoluntee4S to assist the clergy snd paidstaff in maintsinittgthe Urth'S role andmi5sion with the10¢8] o)mmunity and its availability. ob) adoily b&814 to thatcommunity. We aff ail lo them. In addition lo InlemeIlIng the r0MMeO$ frirfn IbiThV1aI the Fabric L¥>mmittee. aSUBrouP of the PCC- ¢8rries oui limely inspectio$ of the church butlding and all the Churth prtiperties #Tr in the LY)urse of such inspection& thaws attention to any ha7ths within the p)rtieS and make5 rtCDmmenthions lor the reduction or elimination ofany risks. Only Gas Sth (formerly Coryi) r¢wred fittcts Ire used to repair the gas irts¢allations. and oppropriately qu8lifJed electricians for any Cl1¢81 work (other chanwng light bulbs or replacing fvses). The solicitorstythe Dioceseopprove ¢enan¢y awents. Whexe itt5 considered oPPtopriat4 jes advice is ught in relation to oth¢r tetwq tti¥l lilbility m Stff Prior to employment orthe prnVlon of sp¢ciaiist Servi all pennanl members of sthff 8tLd fe&receivin8 individuals undelgo slandard pTremploymentvellIng minimise the risk offrnud or otherfoiling$ ¢0 the PCC. ErnplOY,s Liability and Personal Accident ilLsUr are mainlained. Where it i5 corsidergj ap[ryr1. le881 advice is ught in relation to fomiai dedlings with staff. g¢8
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASflCAL PAIUSH OF HIGH WYCOMBE ALL SAif4TS REPORT OF THE TRUSTEES frjr the Ye4r Ettded 31 Detember 2024 REFERENCE AND ADMINISTRATIVE DETAILS Cbarlty RegistrBtion Number: 1129065 Printip#l address: The alhOffiCO0k[ty Hdl 8 C¢ Street HighWyLY)mbe Bk11Msh1[e HP13 6RF FrA Searle MrE Samuel Independent Ex8mkner: MrTFulkerBSC (b)FcA Styn*)urTaybr Linit&l First Floor North 40 Oxford Road High Wyeombe Buckinghamshire HPII 2EE EvEs SINCE THE END OF THE YEAR Infomiation relAting w events sinee the end of the year is given in the rtotes to the fLn8ncial statements. Approved by OTd¢r of the iM)8rdof truste¢s on ............ FrAnthony Searfe (Rector) Ed8ar rnUel (Deputy Church Warden) Pa8e 9
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HIGH WYCOMBE ALL SAINTS INDEPENDEPtr EXAMINER'S REPORT TO THE TRUSTEES OF THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HIGH WYCOMBE ALL SAINTS I rep)rt to the chwity trnstees on my examination of the accounts of the ¢haTity for the y¢8r ¢nded 31 Deeember 2024 which are selout ort pages eleven to twenty one. Rupe¢¢lv¢ responslbUld¢s of¢rnsteeg and ?l¢r As the chsrity's trustees you are respoA5ible for the preporntion of ihe accounts itt Aceothce with the requirements of the Charities Act 2011 ('the A,). I report lrt respeet of my examination of the eharity's accounts carried out under section 145 of the Act and in corryin out my exAminatlon I h&ve followed &ll the applicobbe Dire¢tions 8iven by the Charity Commissi¢)n under section 145(5Mb) of the Act.. IDdepeDdeDt •ximlner's stAt•men¢ I have ¢ompl¢ted my ¢x4mina¢ion. I confum ¢hat no m•terl8] matt¢r8 have ¢om¢ ty my Iit¢ntion In ¢onn¢¢tion with the exomlnatlon 8ivln8 me cause bBlÉeve thttt Èn w m&terial respeet.. accounting records were not kept in respect of the chority ag requlred by wtlon 130 of the Act: or ¢h¢ cOunts do no¢ accord with those rOrdS. or the aecounts do not Comply with the appIlb]e requirements conccrninB the forni and content of ac¢ounts set out in the Chuit1¢5 {A¢¢ounts and Eieports) Regula¢ions 2008 other than any requirement that the accounts give a 'tNe and fllir view, whieh 15 not H matter ¢on5idered &8 pwl of indepEnd¢nt ex4mination. I have no concerns and have come aeross no other matters in conneetion with the exwnination io which tiOn should be drAwrb in this report in order to enable a proper underslandinB of the CoUnts w be rcached. Tim Fulk¢r BSC (knn) FCA Seymour Taylor Limited First Floor North 40 Oxford Road High Wycombe Buckinghamshire HPI12EE Page 111
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESLISTICAL PARISH OF HIGH WYCOMBE ALL SAINTS SfATEMEPll OF FINANCIAL A1VITIEs for the Y¢r ded 31 D¢e¢mber 2fj24 2•24 2023 UrestrIcted Restricted Endowment Totsl IndS Totsl funds rMds fllnd INCOMING OURCEs lll¢oming rtsources frnm generated fund5 Voluntary income Investment inwme Adivities forgeratIng furtds Other incoming resources 202.962 5.130 14231 28,765 3359 231.727 8.489 14.631 244,443 6.104 9,694 Totsl incoming r¢sour¢¢s 2470f2 279ffi16 279ffi55 RESOURCES EXPENDED Costs of gtDerntiDg Fundrnisirsg Ch4rAtsbl¢ aetivltl¢s Workof the chwch Grdnts CoYern#ntt & Admini¥trntio• 9 11.145 5.115 16260 13.607 150.706 4.102 31159 1.065 182.865 5.167 62 161J69 6.815 Totsl Mourees eended 228J28 26W7 239.193 NET INCOMINC/(OUTCOING) RESOURCES BEFORE TRANSFERS J8J64 (S815) 12,749 40,462 Gross transfers betweeD fllnds 15 Net Incomin(0tg01D{ resourees before otb¢r recognlsed g4iMs and losses &745 12.749 40.462 Other reefjgnised glinkn 12 12• 7315 5.468 G4in¥]os¥es on revaluathon Net muvement in fun¢ts &745 19964 45.930 RECONCILIATION OF FUiYDS T•)tsl futtds brougltt f•nYxrd 731,•85 818J59 772.529 TOTAL FUNDS CARRIED FORWARD 745.184 838 75 64 23 818459 The rnte5 forni tArt of the5c fina181 Po8ell
THE PAROCHIALCHURCH COUNCIL OF THE ECCLEsIAsficAL PARISH OF HICH WYCOMBE ALL SAINTS BALANCE SHEET At31 De¢¢thlxr 2024 2024 Total funds 2023 Totsl funds U#r¢strlrt RutrlEW EDdowmen¢ fwrtds Notes FIXED ASSETS Tongible assets EndowThents 12 12 313.rn 513.770 506.675 513.770 5J64 519.134 511.919 CURRENT ASSETS Debws Cash at bank Ind in hw 13 8J12 8.402 4.880 242910 344J97 331,289 CREDITORS Amounts fillin8 due within ¢)n¢ 14 111.496) 113fy12) (25,108) (24,749) NET CURRENT ASSETS 231 319 TOTAL ASSETS LESS CURRENT LIABIIJTIES 745.184 87J75 838.423 818.459 NET ASSETS 74 818459 15 UThre5tri¢t¢d Restricted fiuLd5 Endowment ful Revalu81ion reserve 482,714 87175 5JfA 262 475,710 82.130 5.244 255 375 TOTAL FUNDS 838 818459 The fittanc1 staternents were approved by the Bowd of Tns*e50n .. ..... . .. . atKI wv¢ 5igKd on its teldf by: Fr ysearle Edysamuol (Dem aLUrth Warden) (Rttr) P4e 12
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIAsficAL PAIUSH OF HIGH WYCOMBE ALL SAINTS NOTES TO THE FINAJ4CIAL STATEMENTS for the YeBr Ended 31 Deternber 2024 ACCOUNTING POLICIES Buts of preporljg the flnanelal stitements The financia] SfAtements of the Charity, which 15 4 public benefit entity under FRS 102, have been pr¢par¢d in aordance with th¢ Charilies SORP IFRS 102) 'AcwuntinB and R¢portiD8 by Ch8ritie5.' Staiement of Recommended PracticeapplÈcable lo chwritie5 prepringtheiraeeounts in accordance with the Financial Reporting Standard applicable in the UK Hnd Republicof Irelartd (FRS 1021 (effcctive l JanuDry 2019}', Fin&Thcial Reporting StandArd 102 'FiJwicial Reporting Standard applicable in the UK and Republic of Irelond, artd the Charities Act 2011. The fmanciv41 stementS have beert Ppara under the hlstorical cost cortventloN with the excepiion of investments which are in¢lud¢d ot market wu¢, as modifi¢d by ih¢ revollion of¢ertain 83sets. Intomlng ruour¢ Voluntary Ineome #rtd t8pltsl sources All incomin8 resources gre included on th¢ Sta¢¢ment of Financial A¢tivilies when the chArity is legally entitled io the ineome and the wnount ¢•n be quantifi¢d wlth relnable i¢¢urw. Colledion5 recognised when received by or on bthifofihe PCC. Pl8nn 8ivin8 receivable under nant8 or 8ift aid is rOnIsed only when rttelved. Income tax re¢>)verable on wvenonts or 8ift aid donations15 recognlsed when income Is reco8nlsed. Grants and lewies to Ihe PCC ¢0nted for as soon 41 the PCC 15 nolified of its1¢8Ai entitlement and ¢he nl is due. Wherever possible income 8en¢rated by teiey and sirnilar events are accourt*d for8ros$. Oiher ordlttary ltteom• Rental Income fiDm the lettinB of thurth OT PCC premise5 15 reCols¢d when th¢ renthl is due. InvertmeDts Investments including properties And shares, ve recogni¥ed Initiolly ¥L fair v8lu¢ whi¢h is nonn4lly IT¢111)n price excludin8 transoction costs. Subsequenlly. th¢y are measured at flir value ihrou8h the PTofEt knd loss ifthe th8r¢s ore pyblidy tred or their fair value CAn otherwise be mUred reliably. Ineome frnm Invejtrnents Dividends and interest arc Aetounted for when recelvabl& Tts recov¢r4ble on such income is recognised in the same accountingyear. Galrys And losses on Investments ReRlised 8aiThs or loss¢s are reeognisoj whett Investments are sold. Unrealised 8Ains or1055es are account&J foron rev&110 of investmentg at 31 Deeember. Rosoureu txpended Alloeation ittd apportloDment of cojts Bxpendittjff is accounted for on an &ccrua15 b&8is artd be¢n ¢la5Stfied under headin85 that aggregate all ¢ost related to the ea¢¢gory. Where costs ¢8nnol be dErec¢ly &ttributed to particulgr headin8S, thry have been locled to tiVitieS on a bssis wnsistent with Ihe use of Tesources. Grants offered subjeet to cortditiorts which have not beerh met ut the yeBr-end dale are noted &s 8 commitmeni but not accmed as expenditure. GraDts Grnnts a[ donati¢)n5 8r¢ accounted for when paid over. or &wArded. if that award ere&tcs a birtdingobligation on the PCC. Page 13
THE PAROCHIAL CHURCH COUNCIL OFTHE ECCWIAsncAL PAIUSH OF HICH WYCOMBE ALL SAINTS NOTLS TO THE FINANCIAL STATEMENTS for the Year EDd¢d 31 December 2024 ACCOUNTING POLICIES- contin•td Activities direclly relatingto the rrnrk ofthethwr¢h The dioeesan parish share is xtounted for whenpayabl¢. offeffd sUbJt to Conditions whith Ive not been atthe yeaTrend date are notrd &8 a eommiknent bui ncrt Accru as eX1re. Tanglbk fixed assets Conse¢rated land and bllildiDgs and rnovble ebttrth hrnishiDgs con5rn and befic2I is exclwkd fm the statunents by &96 {2Xa) of the tharities Act No yUe 15 pl8LTd on tT#ble chwch fillni5hings held by the churth warden% •ial trust for the PCC and whieh require a faculty fordisw>sal since thePccs1dS thi5 to be ina]ien#ble Propffj. All expenditure incurred during the year on cOnStrd or bertficcd iwildings aTvJ rnovable church furntshing4 maintenon¢¢ or irnprovanenL is written off os expendityre tn the Statem¢ni ofFi¢wi¢i81 Aaiviues and sepgiely disclosed. Other rrttings offi¢¢ equipment Equipment used within the churth premise5 is on •strai8ht litt basis over4 years. Individuwl items of equipment with a wr£be ryice of £l.l)00 or1&4s arewritieD off wlni the asset is •>4uir¢d. Tixitits The charity is exempt frorn tsx on its charithle activities. Fund a¢CQUDtiDg Gcneral fi]nds repreSt the funds of the PCC that are 1 subje¢4 lo restricuons regalD8 their u% ond we available for 8pplicatiott forthe general ofthePCC Funds for a pJrti¢Ulwput5e by the PCC have been roised by the PCC for a partiojlar The of EaisiD8 and administerin8 5ueh is ch8r8oJ The accounts ila¢ all Ira¢)wtion4 assets and liabiltties frjr whith the PCC is responsible in law. They do rtot in¢]je thE xcountsof any churth group5 Il¥towetheÈrmairt affili]0 anotherbc¥ty TK)rtlw)se that 8re infomjal gatherings of Church membe Pen0 eosts •ttd othtrpost-retirement benefits All Saints. PCC pMrti¢ips itt the Pension Buildtr Sdthe stttion of the Church W¢ykers Penston Fund (CWPF) for lay 5tsff. CWPF is plminis(ered by the Chuxch of England PeELSiOnS Board {CEPBI. whiL holds the CWPF assets separ&tely from tIKJse of the employwand other particiixting employe The CWPF a seetion known &s the Derm Benefits Sch¢m< a deferred amiiitty stIOn known as Pension Builder Classic and a eash baianee sttti¢)n known PuL5ion Builder 2014. Both SedSOr the Pemion Builder Scheme&we classed as defined be[¢ 5chemek PB Classic pmvides a prnsion. wmiulated from ContriblOnS paid artd o)rtverted itrto adeferred annuity durtng employment based on tern sd and teviewtd by th¢ CEPB frn time lime. Dixretionary incrtases may a]so be adde¢ Wing uwn the InvatEnt tebm and other fxtors. PB 2014 is a ¢ash balartt 5ch¢m¢ that provid¢s a lUMpth mEmbcr5 to wovidelThcfitsatreAirement. Pen5ioncontrÉbutions arertcorded in zn account foreach member. Discrdionary nmaY *lded beforerettremeiiL depdingOn inve51rnentrcbJrns andothcr fadors. The &¢ounL plus any IK>nw deCIL is payabl4 from 4e 65. There is no sutrAivisiot) of ossets beh¥een employtts tn eath section of the Pe)n Builder Scheme. The scheme 15 a mulli-employer scheme as described in Se¢tion 28 ofFRS 102. a5 it 15 not possible to attribute the Pension Builder Seheme'5 a55ets and liabilities to srKcific anpjoyus and that o)ntributions gre for if th¢ Sthme were a defined contribution schem& The w¥)JL% a>sLs Cl[8&4 kn the SOFA in the year are the employer contributions payable: £4,487 (2023: £4J14). A valuation of the PB scheme is Carried out 0e evuy three ye&rs. Tr mst Tel1 carried out as at 31 De¢ember 2022. For PB the C[Ic section. this rev¢ed 8 surpltt% of£34.8m ot) theongoing nPl10 Llsed. At the most recerttannuai r¢vicw,the Boardchose lo graiitadimtionary trrf)nu5 of6.7%to rthsions Thotyei in payment and those in payment in resp¢t of servi¢e kyior to April 1g)7' and a nuS On in rAyrnent in respect of post April 2006 strvice sx> that the Incrse was 17% {where usually li w)uld be cal1&t¢ bo1 on inflation up to Pa8e 14
THE PAR(HlAL CHURCH COUNCIL OF THE EcclASTICAL PLRISH OF HIGH WYCOMBE ALL SA1Tr4TS NOTES TO THE FINANCIAL ATEmENTs for thtYer Eoded 31 Dtewbtr 21)24 ACCOUNTING POUCILS-eontlAlled There ]$T fordeficit p)ittthts at thewremlin Val1 is dveas * 31 De¢¢mir2025. Forthe PB 2014 SCL#[4 the YllEtIon TEvcabJ aw4u5 of U.5m on th cvwing as9jml0rtsu5Wl llwe is r¢quironeM f¢Y deficit paymenLS ¥L ¢wttnl ttie. The legal struLXllte of the SLkne is that fJ4 All Saints. PCC croJbJ be<Yqne resPS1bk kn pAyiti8 a sknofthat empknyts'$ liabiliii The PCC hJ 3 1Ve manbers and 10 erd membe[5 in the PULSI( scheme 8t3l December 2024. VOLUNTARY INCOME 2023 Planrt Giving tYonions other thon planned givit)g Gift Aid * Legacies * VAT recovtsle 101,186 81fj1)3 33,184 11173 3.871 99.143 93.546 34,661 7Jll 3,782 231.727 244.443 * lrtludes £io.Ir2 of unbud8eteAI l-off le82ei4 50 the Bw481 Voluntary I0 wa5 £221555. Donations included in th¢ ate we as folknvs: Gift Aid and covenants T&110 reLYTrverable Other plantKd givin8 Colle¢tw)ns 88321 37056 12,964 86.598 38,443 12.544 5,127 83291 I I J52 7.088 244,443 74J12 FundraisÈn8 UnpianTd gift aid 231.727 * 2023 included £10.752 <kJnions & fimdraiSi fOrreIl1B the lowv sl INVESThIENT INCOME 21J24 2023 Interest and divideThJs Dep)sit account inte 4121 1,846 &489 6.104 ACflVITIES FOR GENERATINC FUNDS 2024 2023 Fees payable to th¢ PCC Non-ststytory fees Tradkn8 Ènc¢)rne Verge]s' ftes Concert fees ond Churth hi 2.9311 1.497 1273 1,9311 1540 76 9fi94 14WI Page 15
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HIGH WYCOMBE ALL SAINTS NOTKS TO THE FINANCIAL STATEMENTS for the Year Ended 31 Deeember 2024 5. OTHER INCOMING RESOURCES 2024 2023 House lettirtgs 24,769 19.414 24,769 19.414 L COST OF CENERATINC FUNDS- FUNDRAISING 2024 2023 Ttte FestivaI, Craft Fayre. Stewardship & crthercosts Community swvey ¢osts Muslard Seed Cafe costs W¢¢kly Con¢¢rts- P¢rforn)¢r fees 5182 4.853 6, 613 5,569 16360 13,607 CHARITABLE ACTIVITILS-WORK OF THE CHURCH 2024 2023 Parith Shgre Worship. mission & pa4toral care Housing letting fees & maintenanLZ Musi4 fees & orgon m&intenance Chw¢h insuranc¢ & maintenance (Includes tow¢rworf¢. stone survey and Porch scaffolding) Sound Light Space proje¢t Childrffj fatnilies & youth Mustard Club, Community Meals 68ffj93 10,688 6.625 16J99 45.196 60,897 10,978 7.069 14.834 34.632 2,977 31,135 2.759 29.094 182,865 161J69 8. GRANTS PAYABLE 2024 2023 Missionary societies Relief & development agenci Home Church Socidies S¢cular Charities Wycomb¢ Hom¢l¢ss Conne]0 699 1243 2.480 2,393 2ffj05 iJ97 5.167 6.815 No. An additional £2.131 was raised dirediy as A8ency eolleeiions forother ¢harities SUPPORT cosrs 21124 2023 UtLlitie5 & rutmin8 Costs Church activities & event mageMent Adminisitatio printin8 & sta¢toD¢ry GovernanL% 20,536 15501 20.521 16.511 16,911 18.828 62A75 57,402 Note.. Governance includes £3,180 forthe lrtdependent Examination ofthe 2024 AeeouRts. Nvhieh was tcerued. Page 16
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLEsIAsncAL PARISH OF BICH WYCOPlBE ALL SAINTS NOTLS TO THE FINANCIAL sfATEMENTS for the Year Emded 31 December 21J24 10. TRUSTEES, REMUNERATION AND BEIYEFrrs 3 1 D¢¢emt¢r 2023. There wert no trUtel expa$ pid for the yeor amkd 31 De£ember2024 or for the year ended 31 De¢ember2023. 11. srAFF cosrs 2023 56259 I security Costs Other pension o)sts 61 Th¢ av¢Ta8¢ monthty numtttofwloyees dwing the yeara5 folkn. 2024 2023 P&%toral staff Administrative staff No employee5 re£eived rjnolumts in ax¢¢5s of£60.1))O. Duri the ¢Unty¢1r, the PCC employed * Childrett Familie5 Ministu. ChUh Opuions C(Ydinator. and Pwish Adminisirntor. These o)Sts are iDcludoJ in W OfThe u[Ch Suptort Costs. 12. TANGIBI FIXED ET5 FIXED ASSET INVEsfMENrs Fixed Asset Freehold proi Investments IDve5tments cosr OR VALUATION At l jary 2024 5244 12 506,675 Revaluations At 31 Dec&nber 2024 NET BOOK VALUE At 31 Decern 2024 At 31 Decernber 2023 The PCC owns the freehold land and buildin8 of the fonnerchildren & Fomilies Ministrs IKuse at 3 Castle Pla (value r257,987) and a new leasehold pwpty 46 Gr¢4t Grourwl Aylc5bury (value £255,783). These have been let on the gtneraj PTDperty markeL The gr05s bwk Tnjues are on Ihe v81ue estimad by the PCC a8 at 31 December 2024 #nd are Co1red to be a fair estinth of the currtni value of the propertie4 based on the Government fwire5 available. A]8 there wa5 a er movemert¢ irt terrnced house pritts nationally {+4.6%). this ]wovered the 223 k)s5es, weff notexF¢rienced knIty. During 2024, the Buckingharnshire riseswert more modest 1+1.5% for terTh%d houses and +1.3%for flats),. The PCC Consid tweiven the $i2e and condttion ofthe operti¢& anov¢rall incre4seof1.4% inv4lbJe is ryreMwive for wch prO1rtIeS ID theyear to 31 Decunber 2024. Buildings insur&nce{3 Castje Place). 5ervicechar8es{46 Gre Ground) and maint¢4ww¢o)sts are ix)rn¢ by th¢ PCC for these proF*rtie& The hisiorical com of these proputies is £251 JOO. Page 17
THE PAROCHL4L CHURCH COUNCIL OFTHE ECCLESLISTICAL PARISH OF HIGH WYCOMBE NOTES TO THE FINANCIAL sfATEMEM3 forthe YeAr Ended 31 December 2024 TANGIBLE FIXED ETS- tolltitttsed No deprcciation is thged on eithtr of Ihe5e propul1 CO¢11 tsx and utility LXJ$ts e rne by the nants. or th¢ PCC when vac8nL The movable chwch furnishin8s are fELx¥dtd in the Invthtory maintained by the PCC. Thes¢ ass<8 cannot be di4Josed of witlyjut a fxulty and no v4]ue h8s been pl¥ed on them in the x¢ounts. The filneiional equipment used for theongoing WoOf th¢ PCC in¢ludeSofft equiwtwhich indiv1th[Y eost less th8n £3.000 each. The cost of thtSE assets was Written off in the year of acquisition and th¢ PCC coThsider that theirv8lu8tion in us& kss de14¢1(# b¢ ne81i81Tr& The PCC own 232 shes in CBF InvestnKnt Furmj. The h¥J an e#imad mtht valueat 31 Dec*nber 2024 of £5J64. The htstorical ta of these slwes is £1,6CI). DEwfoRS: AMouKfs FAIIJNG DUE WITHIN ONE YEAR 2024 2023 A¢¢nl irtcome Prepayments Othtr debtors 4.880 I& CREDrroRS: AMouNfs FALLll¥G DUE wrrHIN ONE YEAR 2023 (hhercrcditots- Agcncy colle10 A¢¢ruals and t<¢ounts payable D¢f¢r{ income 587 24,162 Po8e 18
THE PAROCHLAL CHURCH COIJNCILOFTHE gCCISSlAsncAL PARISH OF HIGH WYCOMBE ALL SAINTS NOTES TO THE FINAIYCIAL ATEmENTs for the Ye4r Ended 31 Detember 2024 MOVEMEIYT IN FUNDS TraDsfer5 brtwe¢n fvnds As in previo years a numbcr of intu.fwKI trSferS have LNxunvJ to reflect all0¢10n5 and eThsure an accurate tA)SLtion at the end of the fina[18] year. For Te49)ns of ¢th flow. the PCC wthoris¢d the movement of designated fiuyjs fium tKme time as deaned neussary fy the Hon Tre4swer to mainlain credit balance5 in bAnk holding we0ts. Net m•vem¢nt in runds TrnDsftrs betwttn ds At 1.124 A¢ 31.IL24 Chancel Repair Fd 5244 120 SJ64 5244 5J64 Unrestricted fuDds 351.008 255 J75 901 43.109 99 {1,708) 7,095 {33451 1.138 {1S25) 12 19 l J66 28 155) (205) (2.8671 346.433 262.470 3.356 44.247 874 66 Revalu10 Reserve ChurchyArd Proje¢1 Mtssion & Ministry Srnall Saints Activities ARK & childr Musi¢ ai All Saints, F¥bri¢ l - Church MaiTthn Ststions of the Cross Tower& Bel15 Appeal Chancel Repair Fund Choir Robes Ch)ir account Tea & coffee fvnd Church tlowus PCC Reserve Spccial col1edms Sound Light Space Proje(* YoutK Thildren & F8mili¢5 Mini51¢r Legaeies Lighthouse South Por¢h (25) 53 (110) 4.048 2221 55 1.876 100 167 1.408 2J45 348 20.491 1193 110 1081 166 1266 lJ59 438 20.198 142 786 (s} 293 (1) 801 824 418 35266 9,729 11.039 136 (2J741 3.171 421 138 (9Jlll 24227 (136) 130 9.390 7.781 798 6219 6.471 936 Or8an RtoTall0n Community meals 889 7311185 25.659 111560) 745.184 Restricted fndS Agency ARK & ¢hildrtn Bellrin8ers fund Fabric l- chu Maintenatsce aburch FIowc45 Joljn Clement PwktrTrust 12J60 562 13.631 563 .932 s¢18] coUeL#Io (22) Pa8e 19
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PAIUSH OF HIGH WYCOMBE ALL SAINTS NOTES TO THE Fif4ANCIAL STATEMENTS for the Year Ended 31 D¢ctmber 2024 15. MOVEMENT IN FUNDS- ¢ontiDued Youth, Children & F8mili¢s Minister Choir robE8 PCC Reserve Tower & Bells Apw] West End Redevelopmenl Project Chancel repair fund Music at All Saints, Small Saints Activities Ll8hthoug¢ South Poreh Musthrd Seed Café Leycie$ Organ Restor8tion Commuttity meals 12 14 7.976 22 187 3,419 2265 591 62 (11,228) 11,238 22 14 8,239 263 (22) 187 3,636 4,049 557 217 1.674 134) 1198) 267 110 136 9,991 1.627 40.562 10 637 1.877 46 2,264 42,450 56 82.130 {5.815) 11,560 87,875 TOTAL FUNDS 818 4S9 838 16. POST BALANCE SHEET EVENTS The work on the tower sty was fJNlly ¢ompl¢ted and pwid for in F¢bThwry 2025, so the b&laThce of £l1.565 has been ¢red in th¢s¢ AOnts. Sinc¢ 2018. we have been buildin8 the Mission & Minlstry fiuld. inllially from sAvin85 in Pariih Shw¢ in 2024 from Inerea8ed bud8et, committedto by the PCC. The £14.737 balanceof this bud8¢¢hps be¢n trwn$fetted In 2025 quarterone. to gjpport the new ministries 5t¥rtin8 in quarter two. The medium to lon8 tenn vlslon for the church building is to m8k¢ enhoncements which honour its herithge And enable it io better serve th¢ community. This is the"Sourt Lighi & Sp4¢e" proj¢c4 to repair, restore and develop the facilities for irnproved ac¢e5sibility, inclusiort 8nd celebrntion- Ètt worship and community activities. WhÉ151 priority must 89 to any emer8¢n¢y maiThtenance, the main foeus remairts the South p0h, which ¢8n currently onty bc u5cd &s 8n cmer8cncy cxit, due to the d&moged and corroded stonework. The detailed programme ofwork requires &8reement with the Diocese, but is expected io cosi in the re8ion of £200.000. A5 signif1¢4nt funds have already been spent on Investi8ations, correction and Safety. there was only £10.12) tn this fund gt the turn of the Yr. Further fjjnds may be availoble {from previous property down.sizing). but ¢xternAI fundrni$in8 will be required, Ixsih for the Sou(h Porch ond the lar8er¢l¢m¢nts of the wider project. FinAncial pressu and uncertainty are affe¢tin8 the wlKJle cornmunity, but Ét is hoped irt¢re&w in planned 8ivin8 con be Bchieved over the next two years. 10 Sustain thc Thcw rnini5trie5. In the meatttlme. re5erv¢s will be used io cover the expected deficiL8 in 2025 and 2026. due to both mirtisty and project costs. These priorities are the next steps. os we ¢on¢inue to open ourselves to explore our mLSSLon rYiee for the wider mmlity. 17. ULTIMATE CONTROLLING PARTY The psrish 1$ ci)ntrolled by the membets ofthe P8mchial Church Courteil operating under ihe Parnchtal Chwch Coun¢il Powers Mwure. CONNECTED CHARITIES AND RELATED PARTY TRANSACTIONS The PCC did not enter irtto •ny material tr8nsaction. contr8Ct or other WTan8ement with & rnemE¢r or cmployee of th¢ PCC nor with any wmiecd person. Pag¢ 20
THE PAROCHIALCHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HIGH WYCOMBE ALL SAtNTS NOTES TO THE FINANCIAL STATEMENTS for the Ye4r Ended 31 Detember 2024 18. CONNEcfED CHAIUTIES AND RELATED PARTY TRANSACTIONS- eon¢lnued Travelling. subsistence thdoutofpocketexpensesw¢r¢reimbuT5cd to metnbers of the clergyandslatt incarrying outtheir ministy acttvities. A ba]anc¢ of £Nil owed at the year-end {2023: £Nill. Apart from the aix)v4 no other m¢mb¢r8 of the PCC re£%iv¢d any reimbyrsement of ¢xp¢n%s or remuner8ti0n. The 08kley Hall Trust has noi been included in the financid statements of The Parish of High Wycombe All Saints, as it is regarded as a separate ecclesiastical Charity. The PCC had free use of the Oakley Hall during the Page 21