The Parochial Church Council of the Ecclesiastical Parish of St James, Milton, Portsmouth Charity No: 1129165 Annual Report And Financial Statements Year Ended 31 December 2024
St Jarnes, Church Milton {Charity Commission Reg. No. 11291651 Annual Report for the year ended 31" December 2024 ADMINISTrATIVE INFORMATION St James, Church is sited at 285/287 Milton Road. SOh$ea. The ecclesiastical parish is Sltuated in the DI0$e of Portsmouth within the Church of England. The corfespondence address is St James Vicarage, 287 Milton Road, Southsea, P04 8PG. The Parochial Church Council IPCCI 15 3 registered charity with the Charity Commission, number 1129165. Mernbers of the PCC are either ex officio or elected at the Annual General Meeting IAPCMI in accordance with the Church Representation Rules. The membershlp of the PCC durlng the year were: Vicar Revd Darren A'court lfrom 10 Jan 241 Asst Curate Vacant Churchwardens Mr Mark Pearce lup to 12 May 241 Miss Stella Wansborough Mrs Ann Murray {frorn 12 May 24) Deanery Synod Representatives Miss Jill Chalmers Mrs Alison Threlkeld also PCC elected Elerted members Mrs Ruth 8aberlup to 12 May 241 Mrs Jeannette A Beech Miss Valerie England Mr5 Sandra A Lamburth Mrs Catriona Maton Mr Mark Pearce Ifrom 12 May 241 Mr Paul H Tallack Mrs Caroline Tyler Ifrom 12 May 24) Mr Gerald Vernon-jackson Mrs Bridget H A Wade STRUCtURE, GOVERNANCE AND MANAGEMENT The method of appointment of members of the PCC is Set out in the Church Representation Rules. All Church attendees are encouraged to register on the Electoral Roll and stand for election to the PCC. The PCC operates through a number of committee5 that meet between full meetings of the PCC. These are:_ Standinq commlttee It is the only statutory committee. It has power to transact the business of the PCC between Its meetings, subject to any directions given by the PCC. oWEIVEs AND AcnvtriES St James, PCC has the responsibility of promoting in the ecclesiastical parish the whole mission of the Church= pastoral. evangelistit, social and ecumenical. It is also responsible for maintaining the ChurchlHall complex of St James, Milton, in the Diocese of Portsmouth together with the one property owned by the parish at 51 Goldsmf(h Avenue.
St James, Church Milton (Charity Commission Reg. No. 1129165) Annual Report for the year ended 31" Dmber 2024 {continued) REVIEW OF THE YEAR The year began with my Institution as your new Vicar on 10 January by Bishop Jonathan. It was lovely service and kindly some parishioners both from Amesbury and a previous parish had made the trip to be with us on this special day. Jeanette and l are extremely grateful for the continued vjarmth of the St James community in welcoming and sUPPOrting us. In December, to say 'thank you, for the trernerKIous SUPPOrt of everyone in seeing me through my first year here we arranged drinks and nibbles gatherings for PCC members, the serving team and the choir. as well as for the congregation as a whole. This brief summary of the year cannot do justice to the fact that in so many different ways you have all worked enormou51y hard duringthe interregnum and continue to do so-thankyou, everyonel Our worship this year has remained broadly unchanged. In the light of very small numbers attendlng. an early decision had to be made to discontinue the 8am Mass on Sundays. The Parish Mass on Sundays at 10am and the said Mass at 10am on Wednesdays are well attended and we continue to see new worshippers joining us. The choir and serving team have recruited new members and contribute enormously to our worship. During Lent, a course on pathways in prayer was held on Wednesdays after the Ma$5 and Stations of the Cross on Sunday evenings. In February. we resumed the practi of offering a shared chalice during Holy Communlon, thereby relinquishin8 one of the remaining legacies of the COVID pandemic. Physical sharing of the peace and, moving into 2025, resumed use of the altar rall. followed. During the Parish Mass we have been fortunate to have occasional homilies from Fr John and we have welcomed 8uest speakers from a ran8e of charities. including some directly supported by St James. At the beginning of October. we marked Generosity Week, which concluded with the Harvest Thanksgiving. In connection with Homelessness Sunday, Steve McFarlane of Tereo Ministries spoke about the cl5 Hope into Action project and about Street Pastors. On Bible Sunday John and Rachel Waters returned to speak about their Bible translation work In the Middle East. Finally, in November, we welcomed Gabby North from the Leprosy Mission and she reported havin8 received very generous donation5 from our congregation on the day. During the year we have had several baptisms and Isadlyl funerals, includin8 some held at the crematorium and at Milton Cemetery, and occasionally an interment of ashes in our Garden of Remembrance. There was also a Service of Prayer and Dedication after Civil Marriage in April and a wedding in July. with more booked for subsequent years. The RNLI marked its 200th Anniversary in September with a Service here at St James organised by its local Chaplain, Fr John, and led by Archdeacon Kathryn Percival, representing Bishop Jonathan. In October, the Kennaway grave in St James. churchyard was blessed after being repaired and replanted with flowers. In November four parishioners were confirmed at the Cathedral, with a fifth to join thern at the Febnjary service in 2025; they all received their first Holy Communion on the following day during the Parish Mass here at St Jame5. The year has been laced with numerous social occasions. including the annual barbecue in the Wicarage garden after the Parish Mass for our Patronal Festival in July. The pattern of regular coffee mornings, tabletop sales and the Summer and Christmas Fayre5, along with our periodic quizzes, have filled the church and lower hall with parishioners enjoying themsefves. All of this has been with the backdrop of tontinued use of the two church halls
by various church and community groups which has provided both a thriving means of outreach and an important income strearn for St James. The many schools in our parish maintain good links with St James. Many arrange to hold services at St James, primarily for Christmas, but a150 at other times, such as the end of the School year. On other occasions there are visits to St James by particular year groups to pursue topics and themes during the year. l also go into the schools when asked to deliver sessions on suitable topics for Various groups of pupils, which is always much appreclated. In November. l joined some pupils from Milton Park Primary School for the annual Cross of Sacrifice ceremony at Milton Cemetery. The Minstead Trust also held their annual Christmas Service here in December. In February and In June the Churchwardens and I met with the church architect to progress plans for the necessary roof works for the church buildln& but unfortunately the architert subsequently withdrew from the projert. In September we met with Emma Mullen. an architect with whom I had worked on extensive roof projects in my previous parish, and the PCC subsequently confirmed her appointment as our new church architert. She has been working with us to review what is needed and to rnove the project forward more quickly so that work can start during 2025. During the year a Roof Rescue Project Group was established to support work on grant applications (very lrnportant if we are to fund the slgniflcant fabric works while safeguarding some of our existing financlal resources). One small but nonetheless impactful development during the year was the replacement of the existing signboards in the ground5 Of St James Church and Vicarage- they present a strikingly attrattive invitation to St James, to all who pass by. Every ble55ing 1313 Fr Darren
eccLesiasticaL Employers, Liability (Compulsory Insurance) Act 1969 CERTIFICATE OF EMPLOYERS. LIABIUTY INSURANCE (a) {Where required by regulation 5 of Ihe Employers. Llability (Compulsory Insuran> Regulations 1998 (the Regulations), one or more copies of this certificate musl b& displayed at eth place of business at which Ihe policyholder employs persons covered by the policy) Policy Number.. Name of policyholder. P-0000267039102 The Vicar and Churchwardens for the time being and the Parochial Church CounL?l of Milton St James in the Diocese of Portsmouth Date of commencement of insurance policy.. Date of expiry of insurance policy.. 1 January 2024 31 December 2024 We hereby certify that subjectlo paragraph 2:. 1. The policy to whlch this certificate relates satisf5 the requiTrmenls of the relevant law applicable in Great Brllain, Northem Ireland, the Isle of Man, the Island of Jetsey, the Island of Guemsey arsd the Island of Alderney (b), and la) the minimum amount of cover provided by this polw is no less than £5 million Signed on b8haif of Eedesiastical Insurance Office pk (Aulhorised Insurer) M6wb Hew Notes lal Where the eMplor Is a company lo which regulation 3121 of the Regulations applies. thè certlficale shall stale in a promlnent pla¢tr, either that the pol Covers the hdding company and all its subsi¢Jiaries, or that the policy ¢ov&rs the holding cornpany and 811 ils subsidiaries eXpt any ¥pethIlY exdude•J by name. or that th8 pollcy covers the holding v)mpany and only the named yubsidiaries. Ibl Specfy 8ppll¢obL law as provhled for in wulation 416} of the R8gulalion8. Icl See regulatlon 311) of the Regulations 8nd delete whthever of paragraph8 2la} or 2lbl not apply. Where 2lbl is applicabl, $pedfy the amount of cover provided by the idevant wjlicy. IMPORTANT NOTICE TO POLICYHOLDERS Under the temis ol the Employers. Liakn'lsty (Compulsory Insuran} (Arnendmentl Regutalions 2008 the requirement lo display a rtilicate wll be sat15fied il il is made avaikible ir¢ decironic lOn and each relovant employee lo whorn it relates has reasonable access to it in that fomi. Ec£4eslastical n(rk1EJlReS No. 24869. BeHr1BB. 2Cth PkwAvonug. &owastsrBusIn Path. erodlwoth, Gkxa¢esier. W 4AW. Uriied . EK) regulatsd bylhJ Financ481 ConduClAu0r.ty andt Pnklenbal Regu&brnAuthoiity. Fwm FIeferenN7er 113848.
Parochial Church Council of St James. Milton Index to the financlal statements for the year ended 31 December 2024 Independent Examiner's Report. Statement of Financial Attivities. Balance Sheet. Accounting Policies. Incomlng Resources. Resources Used. Fixed Assets. 10. Analysis of Net Assets by Fund. Debtors. Liabilities. Financial Statements prepared by Paul Tallack, Parish Treasurer
Parothial Churth Councll of St Janxs, Mllton This report on ts accounts of the PCC for the year ended 31 December 2024, whith are Set out on pages 2-10, Is in respett of an examlnatton caryied out In accordan YAth The CIrth Accounting Regulatlons 2006 rthe Regulatlons? and x.43 of The Charftles Act 1993 fthe kv). As members of the PCC you are responslble for the PparatIOn of the financial statemexts. you consider that the audlt requlrements of The Regulatlons and s.43 {2) of The Act does not appty. It is my responsibillty to Iwe thls report on those flnandal stsivnalts In accordano wlth the temls of Rewlatlons. Ba•h of Ind•pendent Cxamln•rf• R•wt My examlnation vrds carrled out In accordan wlth the GeneTal Dlrectlons glven by the Charity Commtsslon under s.43 (7) (b) of The Act and to be found In the Churth guidan, 2006 edltkn. That examlnatlon Indudes a revlew of the accountlng records kept by the p and a comparfson of the accounts wfth those records. It also Indudes cOnderIng any unusual Items or dlsclosures In the flnandal *atements and seeklng explanatlons from youi as Trustees. concernlng any such mattws. Tr procedures undertaken do not wovlde all the evldence that would be requlred In an audlt and consequently. I do not exp an audlt oplnlon on the vlew glven by these accounts. Ind•p•ndant Examln•rf• St•t•m•nt In connectkn v#th my examlnatlcm, matter has come to my attentlon to whlch, In my opinion. attentlon should be drdvm In ordtr to enable a Proper understandlr¥J of the accounts to be r&iched. 23. Q¢aA"' i . Kevin Richard1n Flat 29, Marlna View Harbour Road Gosport P012 IBQ
Parochial Church Council of St James. Milton Statement of Financial Activitles for the year ended 31 December 2024 Unrestricted Restricted Endowment Funds Funds Funds Total 2024 Total 2023 NOTE INCOMING RESOURCES Incoming Resources from donors. 2(a) other voluntary Incomlng resources. 2(b) Income from charitable & ancillary 2(c) tradlng. other ordbnary incombng resources. Lncome from investment5. 43166 18059 27864 898 233 44064 43404 18292 10507 27864 29196 2(d) 2(e) 11025 28695 11025 28695 8594 23082 TOTAL INCOMING RESOURCES 128809 1131 129940 114783 RESOURCES USED Grants. Actlvltles directly relatlng to the work of the Church. Church management & adminlstratlon. 3{a) 3(b) 4587 113768 898 233 5485 5546 114001 102200 3(c) 2029 2029 2951 TOTAL RESOURCES USED 120384 1131 121515 110697 NET MOVEMENT IN FUNDS 8425 8425 4086 BALANCES BROUGHT F/W AT I JANUARY 2024 425980 22053 310316 758349 728450 Movement of: Investment Discretionary Fund Gain on Revaluatlon of Investment 1126 1126 7401 485 25328 7401 BALANCES VARRIED F/W AT 31 DECEMBER 2024 43440S 23179 317717 775301 758349
Parochial Church Council of St James, Milton Balance Sheet as 31 December 2024 NOTE 2024 2023 FIXED ASSErs Investment A55ets Tangible Fixed Assets 4(a) 4(b) 317717 310316 CURRENT ASSErs 317719 310318 Debtors Natlonal Savln9s Income Bonds Natlonal Savlngs Investment CBF Investment Fund Lloyds Current Account Lloyds Deposlt Account CBF Investment (dlscretlonary) 282 35000 9788 360000 15350 45085 23179 560 . 35000 9788 360000 45191 22053 488684 472592 LIABILfTIes 31102 24561 NET CURRENT ASSETS 457582 448031 NEf ASSETS 775301 758349 FUNDS Un$ttted Restrlcted Endowments 434405 23179 317717 425980 22053 310316 775301 758349 Approved by the Parochlal Church Councll on 16 February 2025 and slgned on Its behalf by: Rev'd Darren A'court (Chairman) The notes on pages 4-10 fonn part of these accounts.
Parochial Church Council of St James. Milton Notes to the Flnancial Statements for the year ended 31 December 2024 Accounting Policles The financial statements have been prepad In accordance with the Church Accounting Regulations 1997, as amended by the Church Accounting (Amendment) Regulations 2001, together with appllcable accountlng standards and the Charities SORP. The financial statements have been prepared urbder the historical cost convention, except for the valuatlon of Investment assets, whlch are shown at market value. Funds General funds represent the funds of the PCC that are not subject to any restrictSons regarding thelr use and are available for application for the general purposes of the PCC. Funds deslgnated for a partlcular purpose by the PCC are also unrestritted. The accounts include all transactions, assets and liabilities for which the PCC is responslble In law. They do not include the account of church groups that owe their main affiliatlon to another body nor those that are informal gatherings of church members. Incomlng Resources lun In Collections are recognlsed when recelved by or on behalf of the PCC. Planned glvlng recelvable under Gift Aid is recognlsed only when received. Income tax recoverable of Gift Aid donations Is recognlsed when the income Is reglstered. Grants and legacles to the PCC are accounted for as soon a5 the PCC Is notlfled of Its legal entltlement, the amount due is quantlflable and Its ultlmate receipt by the PCC Is reasonably certain. Funds ralsed by the fete, garden party and similar events, are account for gross. Sunday moming coffee proceeds are accounted for net. other In Rental income from the lettlng of church premises is recognlsed when the rental is due, a5 15 the case with 51 Goldsmlth Avenue. efromI stmen Dlvldends and Interest are accounted for when recelvable. Tax recoverable on such income Is recognlsed in the same accounting year. nIn Realised gain5 or losses are recognised when investments are sold. Unrealised gains or losses are accounted for on revaluation of investments at 31 December.
Parochial Church Council of St James. Milton Notes to the Flnancial Statements for the year ended 31 December 2024 l. Accountlng Pollcles cont. Resources Used Gran Grants and donatlons are accounted for when paid over, or when awarded, if that award creates a blnding obligatlon on the PCC. Activiti The Dlocesan Quota or Parish Share is accounted for when payable. Any quote unpaid at 31 December is provided for in these accounts as an operational (although not a legal) liability and Is shown as a creditor in the Balance Sheet. Flxed Assets Consecrated and beneficed property is excluded from the accounts by 5.96(2)(a) of the Charities Act 1993. No value is placed on movable church furnishings held by the church wardens on special trust for the PCC and whlch require a faculty for disposal since the PCC considers this to be inalienable property. All expenditure incurred during the year on consecrated or beneflced buildings and movable church furnlshlngs, whether for maintenance or improvement, is wrltten off as expendlture in the SOFA and separately dlsclosed. rflx Equlpment used wlth the church premlses is depreciated on a straight line basis over 4 years. Indivldual items of equipment with a purchase price of £2000 or less are written off when the asset Is acqulred. Investments are valued at market value at 31 December. urren Amounts owlng to the PCC at 31 December in respect of fees, rents or other income are shown as debtors less provision for amounts that may prove uncollectable.
Parochial Church Council of St James. Milton Notes to the Financlal Statements for the year ended 31 December 2024 Unrestricted Restricted Endov•ment Total Funds Funds Funds Fund$ 2024 Total Funds 2023 INCOMING RESOURCES 2ja) Incoming Resources from Donor5 Planned giving: Stewardship Income Tax Recoverable from Glft Aid Collectlons: Ordinary Weddings/Funerals Speclal 30235 7798 30235 7798 29567 7748 4297 836 4297 836 898 4115 1146 828 898 43166 898 44064 43404 2{b) Other Voluntary Incomlng Resources Legacles and Donations Summer Fayre Christmas Bazaar Coffee Mornings Votive Candles Flower Donations Parish Soclal Events Sunday Morning Coffee Table Top Sales 6854 2477 2875 284 261 6854 2477 2875 784 2364 2078 195 394 144 836 2699 1013 261 233 1442 2751 1115 233 1442 2751 1115 18059 233 18292 10507
Parochial Church Council of St James, Milton Notes to the Flnancial Statements for the year ended 31 December 2024 INCOMING RESOURCES cont. Unrestricted Restri¢ted Endowment Total Funds Funds Funds Funds 2024 Total Funds 2023 2{c) Incoming from Charltable & Ancillary Trading Milton Review Subscriptions Mblton Revlew Advertlslng Milton Review Offertory Box Milton Review Donatlons Church Hall Lettln95 PCC Fees Studlo CardslBooks Centenary Book Sales Auction Proceeds stations of the Cn)ss Booklets 488 590 347 58 22508 2866 255 65 571 488 590 347 58 22508 2866 255 65 571 421 645 238 68 22769 4576 479 116 116 27864 27864 29196 2(d) Other Ordlnary Incomlng Resources Rents: 51 Goldsmlth Avenue 11025 11025 8594 11025 11025 8594 2(e) Income from Investrnents Interest 28695 28695 23082 28695 28695 23082
Parochial Church Council of St James, Milton Notes to the Flnanclal Statements for the year ended 31 December 2024 3. RESOURCES USED Unrestrlcted Restrlcted Endowment Total Funds Funds Funds Funds 2024 Totsl Funds 2023 3{a) Grants Missionary & Charitable Giving.. Speclal Collectlons Almsglvlng 898 898 4587 828 4718 4587 4587 898 5485 5546 3(b) Actlvltles Dlrectly Relating to the work of the Church Mlnistry- Dlotesan Quota Deanery Synod Vlcarage Expenses 51 Goldsmith Avenue Clergy Expenses Other Clergy Costs Church Running Expenses Light and Heat Insurance servi Expenses Licences Church Maintenan Organ Maintenance Salary of Organist RSCM Subs Upkeep of Churchyard Church Hall Running Costs Salary of Cleaner Flowers Sundries Parish Social Events Equipment Leasing Architect Fees Junior ChurchlLittle Shells Payroll Expenses Interview Expenses 55535 55535 52890 264 497 3782 1269 264 497 3782 1269 264 9075 306 7186 6372 2470 7186 6372 2470 615 5070 828 6945 133 8380 5646 6164 1886 556 3432 1321 5619 127 2100 615 5070 828 6945 133 8380 4617 4617 2268 5079 144 30 836 907 2740 5820 5820 233 233 60 1442 1209 975 1442 1209 975 12 291 291 798 113768 233 1141XII 102200
Parochial Church Council of St James, Milton Notes to the Financlal Statements for the year ended 31 December 2024 3. RESOURCES USED cont. Unrestricted Restricted Endowment Total Funds Funds Funds Funds 2024 Total Funds 2023 3(c) Church Management & Administrats'on Printing & Stationery Stewardship Envelopes Audit Gratuity Chinneck Shaw Management & Commission Charges re. 51 Goldsmlth Avenue 1848 81 2400 71 loo 81 100 380 2029 2029 2951 During the year the PCC employed an organist and a Church Hall cleaner, nelther of whom earned more than £50,000 pa or more. 3(d) The organist; Mr H Darnley-smith and varlous locum organists were paid £6945 durlng the year. The Church Hall cleaner, Mrs A Grigo was paid £5820 during the year. Apart from the above, no other member recelved any relmbursement of expenses or remuneration. 4. FIXED ASSETS 4(a) Investment Asset5 Trust Funds held by the Dlocese of Portsmouth are as follows.. Book Value Market Value Empshott Rd Parsonage Trust Jeffrey Memorial Trust St James Trust st Patrick's Mission Hall Trust St Patrick's Parsonage Trust 14678 317 1133 88300 1897 32457 1497 45089 174948 63726 106325 317717 4(b) Tangible fixed Assets Printer & Photocopier (NBV £1 each)
Parochial Church Council of St James. Milton Notes to the Financial Statements for the year ended 31 December 2024 5. ANALYSIS OF NET ASSEfs BY FUND Unrestricted Restricted Funds Funds Endowment Total Funds Funds 2024 Fixed Assets Current Assets Current .?bilItieS 317717 317717 426482 31102 403303 31102 23179 434405 23179 317717 775301 6. DEBTORS Total Funds Total Fund• 2024 2023 Hall Lettlngs 282 560 282 560 7. LIABILITIES (AMOUNTS FALLING DUE wrrHIN ONE YEAR) Total Funds Total Fund8 2024 2023 Almsglvlng Christingle Collectlon Christmas Card Collection Legacies and Donations Marriage Garden Fund Parlsh Social Events Church Maintenance Flower Fund Walsingham Light & Heat Roof Rescue Donatlons 9305 431 241 11628 1160 5382 1169 4718 459 213 11628 1160 4762 585 76 210 750 210 1576 31102 24561 io-