St. Luke's Church, Grayshott (The Parochial Church Council of the Ecclesiastical Parish of Grayshott) Report & Flnanclal Ststements Year Ended: 31°, December 2024 Charity No: 1129168
Parochial Church of Sl Luke CONTENTS Page Annual Report 2024 3-12 Stalement of Financial Activities (Summary) 13 Balance Sheet 14 Accounting Policies and notes to the Financlal Statements 15-25 Independent Examinerfs Report 26
Re ort of the Parochlal Church Council for the ear ended 31 December 2024 This year has seen fresh life coming to our church community. W8 have seen new aspects of our church life have grown, become more established and are thriving. Our engagement with the village has been excellent. Our involvement with the installalion of the Queen Elizabeth Memorial in our Village square, Remembrance Day and other village events in collaboration with the Parish council, being examples of this. Our pattern of seNices have stayed consistent. individual's regularity of attendance has changed to be less consistent. This is an element explaining why attendance was reporled as down last year. We have however seen new people come. and stay. notably some in their 20's. We are encouraged by thls. St Luke's continues to engage in the community and provide significant public benefit by having presence in the community, in person through the Vicar's role, and the many hospitality events run by members of the church. Our produclion and distribution of an excellent village wide parish magazine lo mosl houses in the parish, and support given to all ages from babies and young families lo those in their last stage of life, including those with dementia, are significant aspects of our work. All services are open to all and the Church building is open during the week for private prayer in daylight hours. We have continued to help people to become Connected, Committed, and Confident. CONNECTED Worship and Services Our Services mean any member of the public can access a wide variety of worship, helping to connect people to God; the services range from monastic reflective night prayer to more contemporary services in modem language. The services provide a community and a context for personal growth. and thriving. Contemporary Worship- 10.30 Our contemporary worship service has grown over the last year, having great representation from an intemational congregation. The Christmas services were very well received, with a great highlight being the Families Candle Service. There was also a Nativity Service incorporating children who prepared a drama Nativity during an after-school club held at Grayshott School who came to the SeNice in the Church. This brought parents to church. and further foster8d our relationship with the school. We are addressing how to incorporate families and children into our services bett8r. The WAFFFL Service has been a success supporting some parents who find it hard to attend the 10.30 service. Traditional worship 8.30am and 6.00pm Sung Compline (Night Prayer- Gregorian Chant) in traditional language, sung by the Vicar and congregation has proved to be very popular with those who come. It is something we want to promote as a context for good health, well-being through meditaling on words and music. We have a regular group attending our morning and evening services. Mental Health and Social activities We contribute to the health of the village in a number of ways. Through links with the Local Health Hub at Grayshott Surgery and the Social Prescriber we raise awareness of St Luke's activities.
The Church Rooms and Church building enable us to host community lunches. and other social activities and clubs. giving significant public benefit by supporting parents and older people. Weekly, young families are supporled through the Babies and Toddlers Group. Oasis, a craft and conversation group, and Thursday Lunch Club offering opportunities for companionship, and 'The Base, youth club supports our young people. In addition every month there are; Friendship Lunches, Coffee Mornings, Men's Breakfast, Parish Breakfast, St Luke's Women's Group, and Friendship Tea, are all run by members of the church. with some others who are friends of members, supporting community cohesion. The Churchyard is always open to all, and the Church is open during the days, both offering a quiet environment for reflection supporting individuals, mental health. In addition, our services provide a helpful community context for anyone to come and take stock of life, and grow in their understanding of the Christian spiritual life. Parish Council and local groups The church office works closely with the Parish Council and other groups. This allows collaboration with events around public holidays and festivals. The village Remembrance Sunday ceremony at Ihe War Memorial followed by a service in church was very well attended. Events at Christmas benefit from this connection. Children, Young People and Families Babies and Toddlers Led by a team of three committed volunteers, the group has been extraordinarily successful, often 25 parents and carers with Iheir children attend. Play and social interaction are at the heart of healthy child development. and th8 group provides an excellent networking opportunity for parents and carers to gain support from each other. This is supported by a social media account to keep parents and carers informed of events. The Wicar provides a live musical section with 20-30 minutes of live sung nursery rhymes. The educational benefits to the children are obvious and well-studied, and can be seen in the growing confidence and socialisation of the children. Holiday Clubs Our Youth Coordinator draws together a regular team of volunteers to deliver holiday workshops. These serve children aged 4-10 and with the Youth Worker run a three day holiday club for primary school aged children. Youth Work The Base Youth Club, is a well attended term-time weekly event. providing a good Youth provision for the village. Our Youthworker assisted by Th8 Youth Supervisor and other volunteers provide a great contact point for our youth. The Base Youth Club has been funded by a Supporting Community Funding Grant from Easl Hampshire District Council, and other donations. Families 3rd Sunday WAFFFL Service. an acronym for°Worship and Family Fellowship at Four in St Luke's" which includes: story telling, encouraging family conversations about Ihe values relating to the story. singing, and a tea. all in the church arranged in café style with iables and chairs.
Grayshott School Links with the Church School have grown significanuy over the last year. The vicar and other church members are Foundation Govemors at School. supporting the head and staff in delivering their statutory duties and Christian Curriculum, as well as the SIAMS inspection.. One of our Licenced Lay Ministers leads weekly assemblies and other'gathered worship, in th& School. and two assemblies per tem in the Church building. The end of term services are also held at Ihe Church, and there is a clear priority to build the relationship between the Church and the School. COMMITTED Administration At the Annual Parochial Church Meeting in May, our Church Warden assisted the Vicar in chairing Ihe meeting. Reports on many aspects of the life of St Luke's were presented, and the Church Officers were elected where necessary. Part of Ihe Warden rolo is lo focus on building maintenance and many practical projects, a team of assistant Church Wardens help with practical lasks, including fire safely, and repairs. Our Church Warden has been tireless in support of the Office staff and general administration, bringing enormous energy to the role. Our co-opted Treasurer advises on all financial matters, and our part-lime employed Administrator facilitates the day to day running of the church. The PCC has worked together with the Church Warden to support th8 Vicar and great efforts have been made to accomplish our goals. Our Treasurer has diligenlly kept us aware of the financial situation through regular reporting. running re-forecast reports throughout the year, and other management reports and our Stewardship (Giving) Volunteer, has kept us aware of the Irends of regular giving. The church office works alongside families connecting us with people at major life ev8nts including weddings, baptisms and funerals. The standard Sunday Services seek to welcome all who come, and provide a context for People lo attend, and belong through serving in various ways, as readers, and welcomers. The cullure of inviting friends has meant that we have new people in the congregation. We have Put on a welcome tea for people new to the Village. and conlinue to reach out to the businesses and other aspects of Village life. Our Facebook page and our Website are used to advertise our services to the public, so events are updated in the Calendar regularly, and people have an opportunity lo communicate with us through a web response page. The Church web site has been updated in look, and we continue to try to keep it up to date and relevant. Christian Education The ongoing role of preaching is to educate and inspire our congregation in aspects of the Bible. Our seNices continue to be streamed each week. and are available for those who are unable to come to the Church. Our safeguarding team have considered the safeguarding aspect of this relating to vulnerable children and adults. Our involvement with Grayshott Primary School continues to grow through one of our Licensed Lay Ministers, delivering 'Open the Book. assemblies. We are building the bridge between the school and attendance at our Sunday Seices. and the youth club, which includes Grayshott School pupils. We also serve St Edmunds and Amesbury Schools by hosting their Christmas Carol Services in Ihe Church.
Home groups have continued this year, and are a pastoral and social support to their members. The Sunday school has dropped in numbers to nil, this is still an area requiring attention as we try to build up our link with young families. Ukraine Community Support We continue to support a Ukrainian Pastor and our local refugees to hold monthly church Services in Ukrainian translated into English. We organise transport for those who need it, and help with a tea supported by a local Tearoom. Safeguarding and Anti-slavery Our Safeguarding has been assiduously ov8rseen by our Safeguarding Leads. Our relationship with the Diocesan Safeguarding team has been excellent. The PCC has an anti-modern Slavery policy. CONFIDENT Pastoral The pastoral visiting and ministry to the Care homes by a group of volunteers continues. One of the n8eds has b8en to support carers. ancl parents of children with special needs. Our Friendship tea is most suited to this and picks up some of our bereaved family members after we have helped with their funerals. Seasonal services has been given to care homes, and some individuals. Care homes The Pastoral Team supports a number of elderly people in care hom8s, and Christian worship services are provided for them on their sites. We also provide a spiritual home for a number of Care homa workers who come to our services. Some of these are from diverse backgrounds. Home Visits Those in particular need, both congregalion mernbers and non-church goers, ar8 visit8d and supported as needed, this includes taken Holy Communion to those that might normally miss out taking it. End of Life Care The Vicar has provided end of life ministry to a number of people for whom this has been very much appreciated. This has been in conjunction with funeral ministry to parishioners. Our collaboration with local undertakers is extremely good. Prayer Prayer Team We hold monthly prayer meetings for the Worfd. our local community, and for Ihe Church, and an Urgent Prayer circle operates through a special WhalsApp group. Licensed Lay Ministers (LLM) We have two LLM'S, both of whom fit ministry around their jobs.As staled above, one takes a role that relates to children, our Family services. and leading assemblies in Grayshott Primary School. The other, as well as leading two Evensong services a month in St Luke's,
supports the incumbent in Milland Church leading tradrtional services at churches in their benefice. 2025 are to continue to estsblish St Luke's as a thriving community, at the heart of the village. W8 have three main practical objectives: Increase attendance - To run an introduction to Christianity course, inviting people from our well astablished network in the village, through the many groups. and meals that are run by the church Grow our midweek home-based groups, growing ihe confidence of individuals to lead, through introducing a model of meeting. which is more accessible than purely academic approach. Increase our flnanclal Income - to break even. and exceed that so that we can build up our outreach activities. We support the Diocesan priorities of Growing Disciples, Growing Diverslty, Growlng Community, by prioritising prayer and hospltality in all we do. These contlnue to be based on growlng people who feel". Connected - with the Church community through engaging and belonging to teams perfomiing various social, and spiritual activities, and home-groups. in prayer lo God, lo scripture through a growing understanding, Committed - to God and one another. in the work of sharing the Gospel with family, friends and neighbours. giving and serving the church and its vision.. Confldent- by building individuals up, confidence involves self-esteem, and security. Security comes from belonging. and feeling loved and accepted, and self-esteem is a k8y value in the Gospel, in that Chrisl came for all, and deemed every one of us worth giving his life for. This value is fundamental in the ministry of St Luke's, and we are seeing peopl8 grow in faith. and the courage lo step out, and do new things. "God so loved the world that he gave his only begotten son that whoever believes in him should not pensh, bul have everlasting life". The quality of lay leadership where il exists is very high, and a culture of opportunity and enablement is encouraged, where people can lead within the remit of their group. Through reporting back to the PCC each of the main teams communicate their achievements and needs to the centre, and in general the provision is of excellent quality. We have supported one person in the Diocesan Foundations in Ministry Course. SeNlce$ - continue lo develop. and under the leadership of the vicar, the theme of th8 services is maturing as believers and preparing for the fijture. The Slaff team is operating well together wilh staff meelings once a week, and the Church Warden working very closely in the management of the day to day business of the church. Events - St Luke's continues to put on concerts including our Last Night of the Proms and other entertainments. The FundraisinglEvents committee has overseen an annual programme of fundraising opportunitiès, including a superb Arts and Grafts St Luke's Feslival cOn1Ved and led by one of our congregation, which brought in business and clubs into the church. The provision of Occasional services. weddings and funerals. and the baptism of infants, also builds our relationship with the community.
Members of the Church lead a small team supporting Village Square Events, through whom we support the community with Christmas Carols in th8 square. and consider other opportunities to bring the local community together. In conclusion, we are looking fOard to St Luke's continuing to grow through 2025, providing excellent spiritual and practical support for both individual and corporate spiritual growth. to facilitate community cohesion and health, by being at the heart of village life, bringing a Christian perspective. We are very much part of the village plans for the coming year. and mana men Clergy Incumbent Other Licenced clergy LicenTrd Lay Ministers Reverend Jeremy Haswell Reverend Elizabeth Knifton Dr Chris Grocock. Mrs Sus18 Millard PCC Membership The PCC is a charity. Members of the PCC are trustees of the charity and are normally either ex-officio or elected at the Annual Parochial Church Meeling (APCMI, or at a meeting of the Parochial Church Council (PCC) to fill a casual vacancy, in accordance with Church Representation Rules. All Church attendees are encouraged to register on the Electoral Roll and siand for election to the PCC. As of December 2024, the PCC was made up of the Vicar, an associate minister, one Churchwarden, one Deanery Synod representative. nine elected Laity members and a co-opted Treasurer. There was a vacancy for a Church Warden, a Deanery Synod representative and a Readers representative. PCC Members who served during 2024 were.. Chairman Rev Jeremy Haswell Other Licensed Clergy Rev Elizabeth Knifton Lay Chairman Mrs Sheila Austin Church Warden Mrs Sheila Austin Secretary Dr Edward Tobin (in attendance) Treasurer {Co-OPted) Mr Viv Ward (re co-opted 20 May 2024) Reader Representative Nol filled Deanery Synod Representatives Mr Clive Loder 2023 Mrs Penny Thomas (Resigned 27 March 2024) Mrs Ros Balfour (term ended 16 May 2024) Mrs Frankie Kelly (tomi ended 16 May 2024) Ms Alice Murphy 2022 Mr Clive Purkiss 2022 Mr Jeremy Hassell 2022 Mrs Philippa Whitaker 2023 Mrs Hilary Loder 2023 Mrs Anne Gale-Jones 2023 Mrs Anna Lescure (elected 16 May 2024) Mr Graeme Bowerbank {elected 16 May 2024) Ms Suzanne Wavre (elected 16 May 20241 Lay Members ',
Standing Committee This Committee is elected by the PCC from its membership to prepare agendas for PCC meetings and makes minor financial and management decisions in order to free the PCC for other malters. Its members during 2024 were the Vicar, Churchwardens. A PCC member, Treasurer and the Secretary (in attendance). The Committee met on 6 occasions and also conducted some business by email. PCC Meetings The PCC met 6 times in 2024. Electoral Roll The Electoral Roll stood at 151 in December 2024 (157 in December 2023)
Church Attendance 2024 The average or median Sunday attendance at the various services held throughout the year is seen below: Median 2024 2023 2022 2021. 2020. 2019 Seriice 8.30 Holy Communion 9.00 Choral Matins includin choir 10.30 Setvice fonnal varies Includin children 12.00 Holy Communion 6.00 Evensonglcompline 11.00 Thursday Holy Communion 19 17 18 14 25 25 31 41 47 49 42 55 59 13 13 13 13 13 11 16 17 10 Av&rage 2024 2023 2022 2021" 2020. 2019 SerYi¢o 8.30 Hol Communion 9.00 Choral Malins includin choir 10.30 Service format varies includin children 12.00 Hol Communion 6.00 Evensonglcompline 11.00 Thursday Holy Communion 19 18 19 13 29 25 31 34 46 51 55 43 48 61 15 16 14 15 17 13 16 28 The attendance al S ecial Services was as follows: 2024 2023 2022 2021. 2020. 2019 Easter Da Services Harvest Festival Service Remembrance Service Advent Carol Service Nine Lessons & Carols Service Christingle servi I Candle Service Christmas Eve SeNice 70 128 Christmas Da Services 87 50 194 The services dunng 2020 and 2021 were affeded by government restrictions to prevent the spread of Cowd 19. When allowed, al least one Sunday service was performed in tho church with StriCted numbers. During restrith'ons, and subsequently. a YouTube service was shown each week as well as a Zoom Sunday evening service. 164 52 185 46 158 38 206 23 129 82 133 46 78 20 187 62 219 23 120 76 70 118 220 258 258 397 74 119 80 122 61 53 10
Financial Review Accounts The accounts and supporting notes can be found on pages 15-25. The net surplus for tha year is £10.257 to which is added a gain on the revaluation of investments of £1,570. This results in a net increase in funds of £11,827 for the year. After accounting for all movement during the year, the total of all funds stand at £154,130. In the current climate, where churches are facing declining attendance and reduced income, these results are commendable, and we are grateful for them. Th8 magazine. Grayshott today. has reported a surplus of £2,178 and we have raised £5,689 towards our target of £12,000 to repair Ihe church spire's weathervane. The Youth club, known as "The Base" has managed its finances with funding from East Hants District Council and Grayshott Parish Council. Additionally, the church has received a generous donation of £10,000 towards its work with young peopl&. These transactions, and others, have led to an increase of £21,434 in Ihe Designated and Restncted funds. However, the unrestricted funds, which cover the general income and expenses for day-to-day running of the church, has resulted in a deficit of £ (9,9561. Overall income has reduced by £20.892 over nearly all areas. The mosl significant drop has been in regular giving which is the mainstay of any churches income, has again decreased by £4,461. To offset this loss. expenses have been reduced by £4,499. partly due to lower utility costs but also the careful management of available funds during a time of high inflation. Looking ahead lo 2025, we have once again set a deficit budget, recognising the need to focus on increasing income rather than further cutting expenses. The Vicar's Discretionary fund started the year with £ 6,073. It received £ 1,465 in donations and paid out £ 1,349 to those in need. leaving a remaining balance of £6,189. PCC policy on reserves The policy is to ensure as far as possible that those Funds oth8r than the General Fund are fully represented by cash on deposit and investments. This criterion is met, whilsl the General Fund is partly so represented. At the end of 2024, £32,149 {2023 £31.428) of the General Fund was invested and £15,340 (2023; £25.060) on deposit. It is the policy of this church lo hold in reserves the equivalent of three months, general running costs, including salari8s (£34,223)- The unrestricted reserves are £49,971 $0 this requirement is met, however as the forecast for 2025 is a deficit we consider the 8Xtra amount to be appropriate. It is also our policy to hold amounts in reserve for any future building work and the amount set aside of £31.154 is considered appropriate. This policy will be reviewed in twelve months, time. PCC policy on selection of investments The Churchyard Investments are in trust, being invested in the CBF Church of England Investment Fund, and are controlled by the Guildford Diocese. The policy on investing all ash in excess of working capital was reviewed in February 2005, when it was decided to
transfer a larg8 proportion of the cash which was in the CBF Church of England Deposit Fund into the CBF Investment Fund. PCC policy on Outward Glvtng The PCC have appointed an Outward Giving Group whiGh looks in depth at policies for distributing 100/0 of our unrestricted voluntary income to charities. For the 2024 allocation the group mel to consider the giving. In November 2024 they made recommendations to the PCC which were accepted. The outcome is delailed on page 25 of the Accounts and the payments have been accrued. Post Year•end Events There have been no post-year events which would affect the accuracy of the Accounts. Signed for and on behalf of the PCC Rev8rend Jeremy Haswell (Chair) Mrs Sheila Austin (Church Warden) Sl Luke's Church Office Headley Road. Grayshott Hindhead GU26 6LF Date: Iq . *. la>
Statement of Flnanclal Activities For Ihe period 01 January 2024 to 31 December 2024 Unr•stwltted Designated knstFkt•d Endowment funds fvjnds funds Total fvnds Prfory•af Total funds ncoming resources generated funds Voluntary income Activities for generab'ng funds om 106.799 6.429 27,180 140,408 153,632 5.322 511 430 6.263 8.020 Investment income 1,894 134 2.188 4.216 4.398 Incomin resources from charilabf e activities Other incoming resourcas 12.702 20.448 1.074 34.224 34.616 Total In¢om& 126.717 27.S22 30,872 185.111 200.666 sou os sus genera Ing funds Fundraisin trading.. cost of 900ds soi2and other costs 120 619 1,095 Charrtabla aclivili8s 136.893 19,233 17,492 173,618 194,402 Governan¢o cv$l$ Other resources usgd 617 617 Total expenditure 137,392 19,233 18.229 174.854 195,497 Galn$ I loss*$ on Investment assets 719 502 349 1.570 5.899 Not Incomo I lexpenditurel resourc&$ lore transfer 19,956) 8,791 12,643 349 11,827 11,068 Gross transfers b&twe8n fund$ - in 6,031 Gross transfers betsveen funds - out 16,0311 Net mov8ment In funds 19,956) 8.791 12,643 349 11.827 11.068 on ilia on of fund Total funds brought forward 59,927 30.174 36,944 15.258 142,303 131.235 Total fund$ carrled forward 49.97 38.965 49.587 15.607 154.130 142,303 13
St Luk•'s Church, Grayshott Balance Sheet at 31 December 2024 At 31112124 At 31112123 Flxed assets Investments Inotes 4 & 5) 70.174 68,603 70.174 68,603 Current assets Debtors {note 6} 8.850 7,845 Bank Deposits 60.921 56.430 Cash at bank and in hand 44.001 51,968 113.772 116,243 Liabilities Credllors.. Amounts falllng duo In on8 year {note 71 29.816 42,543 N81 currant assgts18ss currenl liabilities 83,956 73,700 Totsl 88sets less current Ilabllitios 154.130 142,303 Total nal assets less liabililies 154.130 142,303 Represented by.. Unreslrfcted 49,971 59,927 Designated 38.965 30.174 Resldcted 49.587 36,944 Endowment 15,607 15,258 Funds of the church (Note 9) 154.130 142,303 These financial statements were approved and authorlsed for issue by PCC on 24 hlarch 2025 an¢J signed on their behalf by R8v8rend Jeremy Has Dale Mrs Sheila Austsn Date +. 14
Parochial Church Counul ofst Luke's. Grayshott Notes to the Financial Statement - for the Year Ended 31st December 2024 1. Accounting Policies The financial statements have been prepared in accordance with the Church Accounting Regulations 2006, the Charities Acl 2011 and Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporling Standard 102 with effect from 1 January 2016. Funds General Funds represent the funds of the PCC that are not subject to any restrictions concerning their use and a available for application to the general purposes of the PCC. Th@se include funds designated for a particular purpose by the PCC. The purpose of any particular fund is noted in the accounts. The accounls inGlude Iransactions, assets and liabilities for which the PCC is responsible in law. They do not include the accounts of church groups that owe an affiliation to another body nor those that are infomal gatherings of church members. Incoming Resources Voluntary Income and Capital Sources Co51ections are recognised when received by or on behalf of the PCC. Planned giving receivable under Gift Aid is recognised only when received. Income tax recoverable on covenanted or gift aid donations is recognised when the income is recognised. Grants and legacies to the PCC are accounted for as soon as the PCC is notified of its legal entitlement, the amount due is quantrfiable and its ultimate receipi by the PCC is reasonably certain. Income from fund raising activities is accounted for gross. Sales of books and magazines are accounted for gross. Income from the hir8 of church premises is recognised when the rental is due. Dividends are accounted for when due and payable. Interest entitlements are accounted for as they are reived. Realised gains or losses are recognised when investments are sold. Unrealised gains or losses are accounted for on revaluation of investments on 31 ¥1 December. Resources expended Grants and donations are accounted for when paid over, or when awarded, if that award creates a binding obligation on the PCC. The Diocesan parish share is accounted for when paid. Any parish share unpaid at 31$t December is provided for as an operational (though not a legal) liability and is shown as a creditor in the Balance Sheet. Flxed Assets Consecraled and benefice property is not included in the accounis in accordan with s.96 (2) (a) of the Charities Act 1993. Within the church grounds there are Church rooms, valued for insurance purposes in excess of £500,000 which are not included in the accounts. Investments Investments are shown at market value. Fixtures, fittings and office equlpment Fixtures, fittings and equipment are written off when acquired. Fircroft Trust The WIGar and Churchwardens administer separately a Trust ('Ihe Fircroft Trust°} set up in 1930 to benefit Grayshott Church of England Primary School. Ihrough the profit on rental 15
Parochial Church Council of Sl Luka's, GY$hOtt received from the house °Fircroft° belonging to the Trust. In late 2005 the Trustees took over the administration which previously had been administered by the Diocese. During the year lo 31 st December 2023 the Trust contributed £ 11,980 towards a computer server, a health course, sculpture workshop and staff Christmas and end of temi meals. After this contribution the Trust showed a profit of £6,932 which will be carried forward for new school projecls planned for 2024. 2. Penslon Fund St Luke's (Grayshott) PCC participated in the Pension Builder Scheme section of CWPF for lay staff. CWPF is administered by the Church of England Pensions Board, which holds the CWPF assets separately from those of the Employ8r and the other participating employers. CWPF has sections: 1. The Defined Benefits Scheme 2. The Pension Builder Scheme. which has two subsections,. a. a deferred annuity section known as Pension Builder Classic, and, b. a cash balance section known as Pension Builder 2014. Penslon Bullder Scheme Both sections of the Pension Builder Scheme are dassed as defined benefit schemes. Pension Builder Classic provides a pension, accumulated from contributions paid and converted into a deferred annuity during employment based on tems set and reviewed by the Church of England Pensions Board from time to time. Discretionary increases may also be added, depending on investment retums and other factors. Pension Builder 2014 is a cash balance scheme that provides a lump sum which members use to provide benefits at retirement. Pension contributions are recorded in an account for each member. Discretionary bonuses may be added before retirement, depending on investment retums and other factors. The account, plus any bonuses declared, is payable, unreduced, from age 65. There is no sub-division of assets beeen employers in each section of the Pension Builder Scheme. The scheme is considered to be a multi-employer scheme as described in Section 28 of FRS 102. This is because it is not possible to attribute the Pension Builder Scheme's assats and liabilities to specific employers and that contnbutions are accounted for as if the Scheme were a defined conlribution scheme. The pensions costs charged to the SOFA in the year are contributions payable (2024- £674, 2023.. £1,897). A valuation of the Pension Builder Scheme is carried out once every three years. The most recent was carried out as at 31 December 2022. For the Pension Builder Classic secb'on. the valuation revealed a surplus of £34.8m on the ongoing assumptions used. At the most recent annual review effective 1 January 2025, the Board chose to grant a discretionary bonus of 6.7 % lo both pensions not yel in payment and pensions in payment in respect of services prior to April 1997- and a bonus on pensions in payment in respect of post April 2006 service so that the pension increase was 2.70/0 (where usually it would be calculated based on infiation up to 2.5Yo). This followed improvemenls in 16
Parochial Church Council of St Luke's, Grayshott the funding position over 2024. There is no requirement for deficit payments at the current time. The next valuation is due as at 31 December 2025. For the Pension Builder 2014 section, the valuation revealed a surplus of £8.5m on the ongoing assumptions used. There is no requirement for deficit payments at the current time. The legal structure of the scheme is such that if another employer fails. St Luke's (Grayshott) PCC could become responslble for paying a share of that employer's pension liabilities. Sl Luke's re-joined th8 scheme at 1 Aprll 2024 and has two active members. 17
Pamchial Church Counu"l of St Luke s, Grayshott Notes to the Flnanclal Statement- for the Year Ended 31st December 2024 3. Analy$ls of Income and •xpendlture For the year: 01 January 2024 10 31 D•cember 2024 Total Unrestricted Deslgnaled Restrictad Endovmi ont This y•or Last y•ar Incomlng r8sourcas Incomlng resources fmm genernted lund$ 1103 Income Tax Recov. 17.819 1104 Special collects.ons 1105 Church Colledons 1106 Sundry Donations 1116 Churchyard Grants 1119 Gift-Aided Regular Giwng N0n-Gfft.ded Giving Flower Fund Incom& Grants L8ga¢i¥s Youth Worker Fund Fund Raising Income 1122 Dividends 1123 Interes¢ Received In¢omlng resourcos from g4n•ro¢•d lunds fot41$ 750 1,706 20.275 1.444 14,096 27.363 21,962 2,105 9.541 28.051 553 63.728 14.098 10.640 4.679 12,1144 58.486 1120 9.142 45 9,187 9.886 1169 270 270 215 1173 1174 1175 1171 5,705 6.705 1,000 1,580 8,283 10,232 5.000 2,359 8,020 1.580 430 5.322 511 872 1.067 1,939 1.910 134 7,074 114.015 29.798 150,887 166,050 Incoming re50urcos Imrn eharltabl• aetlvlll•$ 1110 F885 Parish Surnrner Hollday Club 1113 Magazine Aifverts 1115 Lettings Ineomlng r•soureos from ¢h8rlt•bl• •ctlvltl•s Tot•l$ 6.077 478 6.555 1,074 9,091 1,240 1,074 19.970 19,970 15,763 6.825 12,702 20,448 1,074 34,224 34,616 Oth•r Ineomlng r*soure•s 1179 Other income I receipls Other Incomlng r•sour¢•s Totals Incomlng re$ourc•$ Grand Totals 126,717 27.522 30.872 185,111 200,666
Parochial Church Council of Sl Luke's. Grayshott Analysis of income and expgndlture Total Last year Rèsoureos us•d Costs of generating funds 1362 Social Events Exp8ns8s 1363 Fundraising Expenses Cos¢s of generatlng funds Unre8tri¢ted Deslgnated Re5tri¢ted Endowrnent This year 499 120 120 619 619 1,095 1,095 Ch8rlt•ble actit$ 1302 Ministry Expens85 Organists & Chryr Director Upkeep of SeMc83 Training Magazlne Expendltur• Salartas Halv Room# Utility Expènsès Churth Running Costs Church Malntenanc Church Insuranc HalVRooms Insuioncé Parish Sharè HalllRoom Non-utllity Exp8ns*s Churchyard Exp&ns¢$ Musi¢ Group Office Runniry Costs Youth GTOUP Activities Junior Church Pholocophr Cost8 81bla Study Blble Readlng Flshlp Sundry Expans•s Miscèllaneous Grants Holiday Club Vlslting Clergy Outreach, Evangelism. Misswjn MissKJn AgencAes Church Sociètiès Charbties SpecAal Collections Other Out%yard Givkn Translar of eosts befvrfeon fijnds Bank Charges Other Management Cost5 1364 Rent paid 1365 Pen3ion Payments 1366 Youth Wort<er EXpSe$ 1367 you9 familie5 exppnses Charltsble actlvltles Totsls 2.684 87 2.771 1,797 1303 1.108 1.10B 2,310 1304 1305 1306 1307 326 240 474 360 715 360 18.993 16.880 18.993 15,384 26.773 9.214 1309 3,833 3.833 5.395 1310 1311 1312 1313 1314 6,494 6.494 1.381 3.121 1,338 95.852 7,979 1,743 2,992 1,282 95.957 1,381 3,121 1,338 95.852 1315 1,918 1316 1317 1318 1320 1321 1322 1324 132S 1326 1327 1328 1329 1,026 1.028 815 1.219 1.219 1.108 1,279 662 15 183 1.10B 243 243 1,350 1,350 1,650 853 100 100 1330 909 1,093 1331 1332 1333 1334 1335 1,228 3,800 3.300 497 4,394 1,228 3.800 3,300 497 4.394 1,228 5,800 1,500 1,497 4,327 13.1591 3.159 1351 511 511 543 1352 139 139 59 6,440 1,897 402 272 674 11 17.492 136,893 19.233 173.618 194,402 19
Paroc17ial Church Council of St Luke's. Grnyshott Otherresources used 1339 Equipment Replac*ment Buildings Fund Expenditure Otherresources used Totals Rosourcas u$¢d Grand Totsls UnrestrSctsd Designated Restricted Endowment 617 This year 617 Last year 1340 617 617 137,392 19.233 18,229 174,854 195,497 For the yaar: 01 January 2024 to 31 D8cambor 2024 4. & 5. Fixed Assets & Investments Fixed Assets comprise investments held in ty¥0 virtually unbreakable trusts restricted solely for the upkeep of the Churchyard. They consist of shares held within the Central Board of Finance Church of England ICBFI Inveslmgnt Fund. In 2005 the PCC invested £28,000 of cash in Other Funds, also into the CBF Investment Fund. Earfy in 2008 a further £1,500 was invested. Subsequently shares have been allocated to differonl ftjnds depending on their balan$. Number of 8har•s Value ma&t Value 2024 Market Valuè 2023 Movemenl Ralph Grav• Guild of God s Acre Sublolal Flxad Assats 242 433 675 23.12 23.12 5,596 5,470 125 224 15,258 15.608 15.258 General Buildings Sublolal Invgstm•nts Total 1,390 970 2,360 3.035 23.12 23.12 32,148 31,428 719 502 1,221 1,570 54,566 70,174 53,345 68,603 20
Parochial Church Counul ofst Lukes. Grayshott Notes to the Flnanclal Stalement - for Ihe Year Ended 31st December 2024 Debtors & Prepayments 2024 2023 Income Tax Recov8rable Prepaid Insurance Premiums Interest due received 3.1.24 Magazine ¢t)sts prepaid 5,589 1,862 5,271 1,821 753 1,399 Total Creditors & A¢¢ruals 2024 2023 Total. Gas. El8Ctricty and water Salary, Tax, Nl & Pension Insurance owed by instalmant Parish Share Magazine advert income for 2025 Photocopler costs Income received for Bridge day in 2025 Outward 9iving Service expenses Organist fees & tuning Agencies- post box East Hants DC grant for 2025 Pensions deducted Water charges Other Creditors 910 459 1.875 5.963 11,630 79 180 800 1,084 389 1,827 11.978 7,041 115 12,627 228 378 2,986 3,822 378 3,535 3,749 143 69 46 68 Total 21
Parochial Church Coun1 ofst Luke's. Grayshott Notes to the Financial Statement . for the Year Ended 31st December 2024 8. Assets Analysls Debtors & Creditors Fund Deposits Invgstments BanklCa$h Total General fund Desi nated Funds Bells Magazine Weathervan6 Appeal Buildings Fund Equipment Replacement Fund Legacy Fund Organ Fund Vicar's Discretionary Fund Youth Worker Fund 15,340 32,149 10,264 17,782) 49,971 1.334 1,000 12,409 2.334 2,178 5,689 22,646 {10,231) 750 4,939 6,736 13.910 467 1,000 1.467 3,464 1,000 187 4,464 187 16,940 13,910 17,596 (9,481) 38,965 Bab8s & Toddlers Buildings Fund Churchyard Funds Flower Fund Legacy Fund Ministry Support Fund New Projects Fund Organ Fund Village 2 Church Vicar's Discretionary Fund Youth Worker Fund Youth Worker Fund Village 501 501 8,508 20 733 8.508 20 733 4,697 1.925 1,015 2,265 6.114 12.625 1,000 5,000 5,697 7.015 1,015 4,389 6.189 15,759 (239) 49,587 2.000 124 75 134 14.126) 3,703} 3,000 3.887 16,141 28,641 8,508 Churchyard Funds 15.607 15,607 Totals 60.921 70.174 44.001 {20,966) 154.130 22
Pan)chial Church Council of St Luke s. Gysh0tt Notes to the Financial Ststement- for the Year Ended 31st December 2024 Fund movemènt by type 01 January 2023 to 31 December 2024 Fund balances brought forward Fund and type Incoming Resources Outgoing Resources Trdnsfers Gains and Lo88es Fund balances carflad forward Unrestricted General - G8neral fund Sub-totals Designated Bell Magazine WeatheNane Appeal Buildings - Buildings Fund Equipment Replacement Legacy- Legacy Fund Organ - Organ Fund Vicar's Discretionary Fund Youth Worker Fund Sub-totals Restricted Babies & Toddlers Buildings - Buildings Fund Yard - Churchyard Funds Flower - Flower Fund Legacy Fund Ministry Ministry Support Fund New Project Fund Organ - Organ Fund V2C - Village 2 Church Vicar's Discretionary Fund YWF - Youth Worker Fund YWFV - YoLrth Worker Fund Villa Sub-totals Endowment Yard - Churchyard Funds Sub-totals 59,927 126.717 126.717 137,392 137,392 719 719 49,971 49,971 2,016 558 21,171 5,689 240 18,993 2,334 2,178 5,689 22,646 1,467 22,144 1.363 502 4,464 187 4,464 187 30,174 27,522 19,233 602 38,965 511 7.417 99 550 491 1,708 459 270 501 617 538 87 501 8,508 20 733 5,827 230 360 5,697 6,031 1,095 3,557 6.073 3,290 2,494 2,266 220 2.702 1,465 12.946 8.115 1,282 300 1,870 1.349 477 10,848 7,015 1,015 4,389 6,189 15,759 {239) 36,944 30,872 18,229 49,587 15,258 15,258 349 349 15,607 15,607 Totals 142,303 185,111 174,854 1,570 154,130 24
Parochial Church Council ofsf Luke's. Grayshott Notes to the Financial Statement - for the Year Ended 31 st December 2024 9. {conL) Fund Movement Summary Notes Babes & Toddlers Fund- Set up in 2022 to support a weekly meeting of babes and toddlers and their supporb'ng adult. Building Fund - Set up in 2005 to combine Quinquennial and other related and redundant funds. Churchyard Fund - Restricted fund set up in 1928. Consists of investments in Trusts (see Endowments), the Income being used to maintain the churchyard. Also benefits annually from restricted grants from the Commonwealth War Graves Commission. Equlpm8nt Fund- Set up in 2003 to provide for replacement of fixtures. fittings and equipment. Flower Fund - Restricted fund. set up in 2002 to receiv8 restricted flower funds. General Fund- The main designat8d fund for day-ttrday income and expenditure. Legacy Fund- Set up in 2013 to hold legacy money until the PCC approves their use. Mlnistry Fund - Restricted fund, set up in 2001 to recelve a £10,000 restricted donation for supporting those in training for the Ministry. It was used for the first time in 2013 and then in subsequent years. Mlsslon Fund- set up in 2010 in consultation with HMRC, to receive restricted gift-aided donations to enable St Luke's to support specific overseas charity projects approved by the pcc. New Projects - Set up in 2014 to hold funds for potential new projects. Currently used to record Funds donated for a Choirmaster lorganist, together with young families breakfasts Organ Fund - Set up in 2008 for donations to pay for the major organ repairs. Vicar's Discretionary Fund- Designated fund, set up in 1999 to enable the Vicar to make confidential grants and donations to any person or cause he sees fit. Vlllage 2 Church- Set up in 2014 for donations from the V2C Appeal for maintenance of the church building. Youth Worker Fund - Set up in 2012 to fund Sl. Luke's contribution to the Youth Worker. Youth Worker - Village Fund - Set up in 2012 for contributions to the village component of the Youth Worker. Bells Fund- set up in 2018 to hold funds spectfically to be used on the church bells. 24
Pamchial Church Counol olst Luke s, Grayshott Vicar's Discretionary Fund- set up in 2020 to support those in need within the parish who are suffering financially. largely due to the Covid crisis. Magazine Fund- This fund keeps Grayshott Today income & expenditure separate. WeatheNane appeal - A fund launched in late 2024 to raise funds for the weathervane work. Notes to the Flnan¢Sal Statement - for the Year Ended 31st December 2024 10. Grants (i) Mlsslon Agencies, Church Societles, Charities. etc. 2024 2023 Ibadan Handicapped School, Nigeria Testimony Faith Homes World Vision Acorn Trust Yei Teacher & Nurs8 College. S Sudan The Great Commission. Dolphin School, Kenya Elam Ministries Dohnavur Fellowship, India St Martin in the Fields Appeal 2,800 2.500 228 2,800 2.500 228 1,000 2.327 1,000 1,000 2,000 2.394 1,000 1,000 2,000 800 Special Collectlons 2024 2023 Alzheimer's Research Other Children's Society Midhursl Palliative Care Royal British Legion Debra Charity Rosemary Foundation 264 297 100 14 252 282 283 283 219 Total 'Some Special Collections donations are paid directly into beneficiary account, so not included in totals for St. Luke's accounts. 25
Parochial Church Counul of St Luke's. GTryshott Independent Examiner's Report to the PCC of St Luke's, Grayshott I report to the Truslees and members of the PCC of St Luke's, Grayshott on my examination of the accounts for the year ended 31 December 2024, which are sel out on pages 13 to 25. My examination was carried out in accordance with the Church Accounting Regulations 2006 ("the Regulalions-) and the Charstses Act 2011 {'the Act.). Respective responsibilities of trustees and examiner The charity's trustees are responsible for the preparation of the accounls in accordance with the requirements of the Act. The charity's trustees consider that an audit is not required for this year under section 144 of the Charities Act and that independent examination is needed. It is my responsibility to- Examine the accounts under section 145 of the Charities Act. To follow all the applicable Directions given by the Charity Commission under section 14515}(bl of the Act, and.. To slate whether particular matters have com8 to my attention. Basis of independent examiner's statement My examination was carried out in accordance with the general Diredions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounls presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the Irustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required In an audit. and consequently no opinion is given as to whether the accounts present a -true and faiff, view and the report is limiled to those matters set out in the statement below. Independènt axamlner's statement In connection wilh my examination, no material matters have come to my attention which gives me cause to believe that in. any material respect.. The accounting records were not kept in accordance with section 130 of the Charities Act; or The accounts did not accord with the accounting records,. or The accounts did not comply wilh the applicable requirements conceming the form and content of accounts set out in Ihe Charities (Accounts and Reports) Regulations 2008 other than any requirement Ihat the accounts give a 'true and fair. view which is not a matter considered as part of an independent examinalion. I have no concems and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Signature.. Dale: 111417ozs Mr Christopher Kelly 7 Argus Road Bristol BS3 3NY 26