THE PARIXHIAL CHURCH COUNCIL OF ST JAMESS CHURCH HAMPTON HILL St James's Church, Hampton Hill ANNUAL REPORT and Financial Statements of the Parochial Church Council (Registered charity no: 1129286) For the year ended 31st December 2024
THE PAROCHIAL CHURCH COUNCIL OF JAMESS CHURCIi HAMMN HILL Reference and Administrative information St James's Church is sltuated in St James's Road in Hampton Hill. It is part of the DK(ese of London within the Church of EnglaTrl. The COrnden address is: The Church Offi, St james's Road, HamFton Hill rA112 IDQ PCC members who have seNed from l January 2024 until the date of this rep)rt a. Incumbent.. Rev Derek Winterbum Rev Jacky Camrne Churchwarden&' Nick Bagge Susan Homer Representative5 on the Deanerysynod (ex-officio membe ofPCCJ." Moya Meredith-smith Lesty Mortimer Lou Coaker (untsl May 2023) Linda Cargill Christopher Carson (app)inted from Jan 2024) Ros Da (r&elected frC May 2024) Paul Fitchett {unlil May 2024) Annalea Gratton Jon Holloway Susan Homer Graham McHutchon (untrl June 2024) Dawn Miller from May 2024) Patricia Newton Sarah Richardson Sarah Selvanathan {apIrted from May 2024) Davwj Wile Lauren Sewell (re-elected from May 2024) Dennis Wilmot (re-e*bJ from May 2024) Nick Bagge Annual Rewrt & Finanaal Ststements - 2024
THE PAROCHIAL CHURC COUNCIL OF JAMESS CHURCH HAMPTON HILL Reference and Administrative information Governance The information on 9)vemarKe include(1 he supplements that described in the trustees, reF#)rt and in the statement of trustees, reswnsibl1ies. The Parhla1 Church Council (PCCI has fomially met six times during the year. New rnembers ioined at the Annual Parochial Church Meeting {APCM) in April. at the same time those whose term of Offi ended, retir&l, which explains why the total nUMr of tr"ng5 differs for %Jme. Attendance Attendance during the year at meetings of the goveming bjdy wa5 as follows: pcc Member Meetings attended Outofa enta 62.5 62.5 87.5 62.5 75 37.5 75 75 87.5 loo Nid( Jac Cammid Ltnda Ca Christo her Carson Ros Dal Paul Fitchett Annalea Gratton Jon Hollowa Susan Homer Graham McHutchon Mo Meredith Smith Dawn Miller Lesl Mortimer Patricia Newton Sarah Richardson Sarah Selvanathan Laurence Sewell David Wile Dennis Wilmot Derek Winterburn 62.5 87.5 100 IZ5 12.5 100 75 100 100 Average number at meetings: 14; Average Attendan. 86.25%. Day-to-day man&3ement is delegated to the Incumbent and Churchwarders. Bankers: Santander UK, 2 Triton S]uare. Regents LotKion. NWI 3AN CAF Bank Ltd. 25 Kinos Hill Avenue. King5 Hill. West Malling. Kent, ME19 4JQ Independent Examiner: Andrea Kibble FCCA, A K Accounting lUtionS Lim[t, FertW*rga House, Alexandra Road, Famborough, GU14 6DQ Annual ReFQrt & Financial Statements- 2024
THE PAROCHIAL CHURCH COUNCIL OF St JAMESS CHURCH HAMwfoN HILL structure, Governance and Management The Parthla1 Church Counal is a COTForate t£¥Jy established by the Churth of England. The PCC 0rateS under the Par(h131 Church Courril Powers Measure. The PCC registered as a separate charity. The Panxhial Churth Council of the Ecdesia5tKal Parish of St James Hampton Hill, with the Charity Commission on 23 April 2fNJ9, as it had a gross income in excess of EIOO.000. The aprx)intrrent of PCC mernrg is ty)vÈmed by and get out in the Church Representation Rules 2020. In addition to the Standing Cornmittee, there are speaalist teams. each with its own designated reswnsibilities.. The Standing Committee is the only committee rUirj by law. It has the power to transact the busines5 of the PCC betw&n its meetings, subject to any directions given by the PCC. The Finance Team supports the treasurer, recommends a budget to the PCC, rewews the accounts prior to insp*rtion and SUPPKJrts stewardship I giving campaigns. The Propertles Team is resw>nsible to the PCC ft)r the care and maintenance of all our buildings. The Friends Team co-ordinates the Operat of the sUPP)rters' network and organises fund- raising events. The Charity Support Team is respon5itle for settFNJ the annual prc4ramme of charitable grants, and for relating to the recipients. Numerous other teams work to deliver the thurch's mission and ministry: the Ca and Contsct Team, the Eco Church Team, the Ark Play Group Team, the Messy Church Team, the Ministry Team, the Socials and Events Plannirrfj Team, the Sunday Kitchen Team, the Spire Team, the Connections Café Team, the Church Cleaning Team, the Howers Team, the rdening Club, the Bellringing Team as well as those who wekome on Sundays, read and lead inters1onS or serve. Each year, a Health and Safety in5pectvM is Carrd out by Green Tree Safety. The major risks, to which the PCC is ex[d, have been revieé4ed and 9oems or pr(]ureS have LEen estsblished ts) manage those rsks. Annual Rewrt & Financial Ststements- 2024
THE PAROCHtAL CHURCH COUNCIL OF JAMES S CHURCH HAMPTON HILL Statement of PCC Members, Responsibilities Charity law requires the PCC a5 trustees of the church to prepa an annual rep)rt and financial statements for each financial year that gives a true and fair view of the Church's financial activrties during the year and of its financial position over the year. The PCC is also required to ensure that these a subjected to an annual indetEndent examination or audit and to present these to the Annual Parthla1 Church Meeting in accordan with the Church Representation Rules. In preparing these financial statements, the PCC are required to: Select suitable accounting wlicEs arnl then appty them consistent. Make Judgements and eskn"mates that are reasonable and prudent. State whether application accounting standards and statements of recornmended prartice have been followed subject to any departu5 disclosed and explained in the financial ststements. and Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the church will continue in operation, The PCC are responsible for keepirvJ proper accounting records which disclose with reasonable accuracy at any time the financial position of the church and enable them to er¢sure that the rinancial statements comply wrth the CharIt$ Act 2011 and applicable accounting standards. They are also resr(snsible for safeguarding the assets of the Church and hen for taking reasonable Steps for the prevention and detection of fraud and other irregularities. Objectives and Activities The primary object of the PCC is the promotion of the Gospel of our Lord Jesus Christ attording to the dtrineS and prattices of the Church of Engkind. St James's PCC has the respK)nsibility for co-OFerating with the incumtrRnt in priMnotiThJ, in the ecclesiastical riSh. the whole mission of the thurch - pastoral. evan9elistic, social, and eCuMlcal. Publlc Worship On a typical Sunday y ¢fftred 8.00 Holy Communion (said) 9.30 Holy Communion, with oryan arKI On a month choir 3.30 All Age servi (HC aut monthty) in schcol term-time Morning prayer is said daily cfues, Thurs, and Fri) aThJ Holy Communion lebrated on Wednesdays. The church also marks the Church Festivals. suth as Advent, Chnstmas. LenL arKI Easter, as well as celebrating the Patronal Fe5tsval for St James. in Juty- Baptisms, Weddings, and Funerals (including Thanksgiving l Memorial servi) are available for the members of the parish. As numbers rermit pre-bapknsm and wedding preparation groups are offered. As well as p05t-funeral suppo¢ all bereaved families are invit&J to In Lowng Memory, an annual All Souls, reManbran ser¥Ke. Annual ReFKJrt & Finanaal Ststements- 2024
ThE PAROCHtAL CHURCN COUNCIL OF JAMESS CHURCH HAMMN HILL Objectives and Activities - contlnued Local Links The church hosts numerous xhool ServiS at Christmas and welcomes schools and unifomied organisations for visits through the year. Sjme of these are 'heritage'-orientst8J, other5 such as the Christmas or Easter'ExperietKes' are more experiential. The vicar also takes assemblies and RE le550ns at various schcK)Is. Tr nursery, 5dKlS and the Scouts participated in chUhe5 Count on Nature. St James's runs a weekty playgroup in the church for pre-sch(M)I children and those who care for them. It is free flow: children can [rve from one acbvty or game to another as they choose. Refreshments are provided for chiklren and adults. The is a small charge that covers the costs of the group. On Tuesday morning the thurch is otEn for the Connettions Café - a drop in and that opportunity for anyone who would value gixxl company. A team of visitors tskes a mnthty se at Laurel Dene residential Fb)me. Teaching and Nurture Supplementing sermons on SuThJay the church offer5 courses I small groups through the year. Additionally, the vicar provides a recor(ied devotional txthst, called fime to Play, three times a 5¥k. Alpha coyrses for ewuirers are avaiLable when is demand. Pastoral Care Every memkr of the church is encouraged to welcome newcomers and share a concern for one another. A team oversee5 pastoral ca, in the sense that it monitors attendan, and Feople who are ill. The memLErs are also to call or visit as appropriate. The tearn includes clergy and * rEople. Wisitors are awailable to tske cOmmunn to those who are housetrM)und. Social Llfe There are several ways that church's scoal life is bu1 up arKI MMunity strengthened. Refreshments after the 9.30 and 3.30 serwces a IM)rtant in helping new people feel V4elcome and enabling memtkrs to talk to one another. Other Swal cKcasions during the year included St James's Dayi Harvest Lunch, a quiz night, and Min pies and mulled wine after the Carol Seryice. Eco church The churchyard is actNely mairtsined. in partnership with the Lctal Authority, to provide a peaceful and Èeautiful area for the Ic(al community, and sensitive to the need5 of a diverse wildlife. St James's has a proven track record of environmental care and awareness of justice issues. A team monitors and develops our care for creation, wthin A Rc(ha's Eco Church scheme. Outreach and Publiaty Our biggest outreach is the Spire magazine. published nine time5 a year. This is available iLhvu¢ thorg¢ to vlsiiors to th¢ EhvrGh or by house d¢liv¢ry - or by email. There JJre copies also available at some Strt Shops. We host an attractive and re5oU-fUll websits Ythich is constantty updated. There is a week email for subscribers. The church also engages with the main social m8Jia channe15 as well as The church meMr5 deliver to the home5 in tr partsh an infonnabon bkt YOU Inted which blends church notices and details of groups that use the hall and church. A fuller'what's On. is also delivered that contains the prLxJramme for many month5 ahead, and details of all the other events /organitiOnS that use the building. Annual Retort & Finanoal Ststements- 2024
ThE PAROCHLAL CHURCH COUNaL OF ST JAMESS CHURCH HAMPTON HILL Objectives and Activities - c¢)ntinued Charities Support St James's has a Strong tradition of suppx)rting other agenoes in relieving need and Christian rn110n. We have a link parish in Mozambique, through the Diocesan partnership (ALMA). There is an annual programme of fundraising projects, e.g. Lent Appeal, Christian Aid Week and Harvest Appeal. St James's continues to be a mernter of Churches Together Around Hampton. Achievements and Perforniance Parochial Church Counol Activities The full PCC met eight times during the year. an average level of attendance of 86.2501ts. Committees be(ween meetings and rewrts of their deliratIonS were received by the PCC a1 d1xled when necessary. Membership There We 105 names the Eworal Roll in May 2024. or these 62 We residents in the parish and 43 were non-residents. Properties The main conrn in this past year was to find a lutiOn to the heating problem. The trK)iler had been condemned and removed in 2023. Through the cold Y4eather 202312024 a temporary boiler was rented to provhde hot water to the church heating system. Following advi, the PCC obtained quotstions for IR Panel solutions. However, the Diocesan Advisory Committee did not accept the PCC'5 proposal and r4uired further invesbgabon. However. in September an interim solution was offered - a small iller with g)me extra heaters, until a long-temi lUtion was secured. There was wo arising out of the quinquennbal survey: xmme p)inting repairs to the North aisle roof. The rwf work invohed replacing all the a)pkEr sheeting and improving the weather seal. However. under the CoPr, the toards were found to rotten and extra carFentry work was required, Public Worship Sunday worship has bn provided throughout the year. Tcrfjether, the Yamily orientated. seryice. which began in May 2017, attracts a small but regular group of familie5. The 8.00 and 9.30 Services have continued. Our Choir Director and Organist maintained music as an important part of our 9.30 servi. Choir numtErs have remained high, and in addition to their involvement in the 9.30 service On a month, it has supported Compline in Advent and Lent. The Carol servi 15 a maior feature of the year and attendan this year was signfficandy higher than in recent years. During the year a new musical setting of Communion servi was introKluced: The Hampton Hill sery1. It had trken written by Martin HinckW 5cificallY for St James's. Messy Church ran for a continuous peri¢JJ of 12 months - for the first timel There is an overfap in attendance with the Tcgether 3.30 servKes, but some families onty come to Messy Church. The service is sUPSXJrted by mary volunteers. Annual ReFQrt & Financial StateffEnts- 2024
THE PAROCHIAL CHURCH COUNCIL OF JAMESS CHUR HAMtryON HILL Achievements and Perforniance - continued Since the summer one of the aftemo)n services each month has ken taken by Simon Shutt, from the FA charity. Morning prayer has L*en said daity (Tues, Trurs, and Fri) and HO c[MUnI0 lebrated on Wednesday throughout the year. In the latter part of the year, Rev Antony Ball wa5 unable to supEDrt our daily Servi through ill health; thi5 has meant that it has not proved possible to hold Morning Prayer on Mondays. The Rt Rev Dr Emma Ineson, the Bishop of Kensingtoni preathed at the St James's Day servi. The clergy team continued to be strong.. Rev Derek Winterburn, Rev Jacky CammKJge, Rev Canon Julian Reindorp and Rev Canon Tim Marwc(xl. Lesley Mortimer also preache5. Joy Beauchamp ha5 continu&l to LE wtth u5 as an ordinand plMent. Local Links Connections with the schools were 9cx)J with carol servi5 (Hampton Hill Juniors, LEH Juniors, and Hampton Hill Nursery) aTrJ 'educab"onal' visits. A team prowde(J an Easter EXpErIen for Carlisk Infants. The vicar twk assemblies regularty at Carlisle Infants, Hampton Hill Juniors and LEH Junior5. A team took servi5 for the residents at Laurel Dene Residential Care Hcme. A hymnLx(sk with the most 5Uitable songs wa5 compiled to used on the visits. Teaching and nurture On Wednesday evenings in Lent the evening group used the movie 'Casablanca' to explore Biblical and contemwrary is55. The daytime group used material prowded by the Diocesan Way of Life Team, about listening. Through the summer and autumn, the afternoon group studied the'Letter to the Roman5'. and the aftem(x)n group explored 'Hard Questions,. rime to Pray has read through some of John's thpel, 2 Peter, Ecclesiastes arKI I Corinthians, as well as gjme Sunday lectionary readings. In the summer a quiet day in Hampton was organiwj to explore the Way ofLffe materials. Pastoral Care The Care and Cont3tt group continued to meet a1 watch over the congregation. Home Communion i5 able to be provided for those who cannot come to church. Children and Young People The Ark playgroup was held Week in temi time through the year. It has teen extremely well attended by children, parents. grandparents and childminders. The ncheS a moved in the nave to create more space, and the group provides a wide range of activities for the families who visit. Cubs and Scouts attended for Mothering sunday. Harve54 RernembrarKc and Chri5tingle. Thought is tEing given to how 8ttelldan can be increased, The vicar attended a course to encourage youth work. He is talking to parents abjut provision for young Feople. Annual Report & Financial Statements- 2024
THE PAR([AL (URcH COUNCIL OF JAMES'S CHURCH HAMPTON HILL Achievements and Perforniance - continued Socials Key events teyond Sun(ky refhments this year: Shrove Tuesdayi St James's Day, the Harvest Lunch, and an autumn quiz evening. Connectlons Café, This is an activty-based groltp for tkople available in the MidWk daytime; it ran weekly through the year, with those attending a mix of church and non-church members. On some crcasions this year stsff from RUILS / Healthwatch Richmond were available. The fortnightly free. drop-in Hearing AKI dinK rthy meets at a separate time. The social group aimed at men, The Good Guys, met monthty for a meal in lfftl restaurants. Country walks and pub lunches were arranged throughout the year and attracted a dozen or so walkers. Eco church Derek Winterburn ran a Carton Literacy COue in H(wnsk)w. during Lent. A5 part of the Churches Count on Nature obseryaiion we* we held the annual open day in June. A team of volunteers continues to improve the attractivene55 of the churchyard and at the same time worked for its greater drveisty. Several roses have bn planted by tereaved families in memory of their loved ones. The Eco Church criteria were being revis in 2024. When publtshed they will guide work in 2025. Outreach The St James's Festival Weekend included an open church Saturday, with an explicit invitation to come and see the refurbishment. There were tower and church tours and an organ recital. The Pop-up Cinema The Pop-up Cinema has run thmugh the year. now conontrating on films for children, being the most popular. Splre l You're Invlted I Website Production has teen constant through the year. Issue5 are circulated by email and there is a print run of 450 each month. These were delNered free to 280 homes and were available from many High Street shops and the church. One testimony to its pUlarIty was the increasing numter of copies that were tsken from the Post orrKe, another wryjld te the pive reswnse to the financial apwl. The church members delwered the quarterly bets, called You're Invited. to homes in the parish. At Christmas, cards were delivered to homes and Offer to all the visitors to the schools carol Servi5. The website and sctial media offered further means of conlact with the public. St James's Day marked the 2P anniversary of the churth website. Prill Hinckley was thanked for all the work she had done as webmaster. Annual Rew)rt & Financial Statements- 2024
ThE PARoCHL CuR COUNaL OF JAMESS CHURCH HAMPTON HILL Achievements and Perforniance - continued Charities Support Team In 2024 the PCC gave the team £1.500 for welCa and Bishop Wand School. The Lent Appeal raised £3,600 for two separate causes: half to St Luke's Hospitsl, Milo, Tanzania, and half to the Christian Aid M"hldle East Appeal. Our haivest appeal raised El,200 for The Upper Room, s well as gifts of f(KKI and other gcods. £500 was also gNen to the London Churches Refugee Fund. Christian Aid Week, tx)th within the church and direct fuThJraising, raisaj £3,000 an increase on £2.338 in 2023, whilst The Children's gxiety rais1 El.144, 10% up on 2023. £840 came from signing up for dirett debits. The Friends of St James Appreciating the need for fundraisiNJ the PCC relaunched the Friends of St JanFes for community memters to be informed aÈrfJut the lrfe of St James, and as a neOrk for fundraising events, under the direction of Christopher Carson. The Friends, first event was a win*tasting in 5epterntr. The Ceilidh on St Andreyls Day byas another stEctacular success. Churches Together Around Hampton.. The ministers continue to meet regularfy. Thwe was a '&Jngs of Praise, held in January at St Frances de Sales Church. The usual Remembran Sunday servkes wre held at the war memrials in Hampton. and Hampton Hill. The World Day of Prayer was held at Hampton MethLxlist Church. Percy Road prepared by Palestinian Christians. Annual RekKIrt & Finanoal Ststements- 2024
ThE PAROCHIAL CHURCH COUNaL OF ST JAMES'S CHURCH HAMPTON HILL Financial Review The financial outcome of the year was a defiat of £162.840 (2023 - deficit £33,424). This deficit was reduc by a further £5.730 made up of realised gains of £2,083 on sales of investments and unrealised profts of £3,647 on the market value of those investments still hekl at the year end. The principal Sour of inco is from donations from the CongatIon. The regular giving of our congregats'on (standing orders, nuMred envelopes, and the Parish Giving Scheme) totalled £81,875 (2023 - £79,606). Total gift aid rerlaime¢J during the year was E24,359 (2023 - £19,866). Donations and appeals rabsed £11.922 (2023 - £27,369). The Church Hall generated a gross income of £43,604 in the year (2023 - £50,236) arKI the Church hire £7,835 (2023 - Grants reiVed duriro the year were £40,227, of whth £39,977 is VAT redaims under the listed Pla of worship grant scheme. Total income was £244,719 (2023 - £207,787). This inclu(5 investment income of £8,008 (2023 - £8,011). The large defiat this year can be kirge explained by the MaTry building & restoration projects carried out this year at a cost of £194,251 (2023.. E32.213) The major works consisted of roof repairs on the North aisle, repointing works and further work on the church re-ordering. The costs of the new boiler and heating system has treated as an asset and capiLili5ed. The cost of the Fund inueased this year to £70,655 (2023: £65,000). As repjrted aL>)ve, the Charities Supwrt Team were able to make charitsble grants and donations of £12,104 this year (2023: £7.411) Hall expenses were £28,410 (2023 - £26,076). Hall expenses indude depreciation of the hall, amounting to £6,800 (this being a charge of 2% for the next 50 years). Additional hall costs this year included sanding and lacquering worts for the hall flLKTrrs. The rnagazine cost £4,923 to PrCdU (2023 £4,738). Totsl expenditure was £407.559 (2023 - £241.211). The atove figures reSUed in the net value of the PCC at the end of the year of £485,280 {2023- E642,35Y)). Annual ReFQrt & Financial Ststements- 2024 io
THE PAROCHIAL CHURCH COUNCIL OF JAMESS CHURCH HAMPTON HILL Reserves Policy It is the FKslicy of St James's PCC to hold in reserves the equNalent of six months general running costs including salaries {which equates to approximately E90.000 - based on 2023 figures) and a building fund of E25,000 for likety building works arising from quinquennial insWions. These monE5 will LE held in our investment account with CCLA. This p)licy will be fevtewed annually. The policy wa5 agreed November 2023 and reviewed November 2024. Key Plans for Future Period To continue to delNer worship that build pIe up and glorify Gc(I'. Sunday worship, including all age l Messy Church seryi. and midweek. to offer midweek learnirrfJ / growing opportunibes through small groups and courses. to hokl weekly Ark playgroup and Conn&tions Cafe for oynmunty. The development a full annual prcrfjramme of Friends acttvity and enlarge the membership. conclude the repair I refijrbishment of the church. resolve the best way foThvard with the thurch heatingi considering the Net Zero Carix) requirements. break even at the end of the year, with an Incsed income, having run a stewardship campaign. On tehalf crf the ParcKhial Church Council: Derek Winterburn (Chair) Dawn Milr surer) 3 April 2025 Annua5 ReFQrt & Financrdl Statements- 2024 li
THE PAROCHIAL CHURCH COUNCIL OF JAMESS CHURCH HAMoN HILL INDEPENDEW EXAMINER'S REPORT TO THE MEMBERStrRusfEES OF THE PAROCHIAL CHURCH COUNCIL OF sr JAMESS CHURCH, HAMPTON HIL I report to the Member on my examination of the accounts of the Parcthlal Church Counc51 of the Partsh Church of St James's Church Hampton Hill (PCCI for the year ended 31 [kMr 2024 t out on page5 13 to 24. This report on the accounts of the PCC for the year ended 31 Dember 2024 is in resw of an examination carried out under the Church Accounting Regulation5 2006 (the Regulations) and the Charits'es Art 2011 {the 2011 Att). Responslbllitles and bjsls of Yeport As the members of the PCC, you are resFonsib for the preparation of the accounts In accordan with the quirements of the chare5 Att 2011fthe A. I rewrt in re4)ect of my examination of the p,5 accounts carried out under secknon 145 of the 2011 Act and in carwng out my examination I have followed all the applitable Directions given by the Charity Commislon under section 145(5)Ib) of the 2011 Att. Independent examIne8 statement I have completed my examination. I confirm that no matwial matters have corrE to my attention in conn*ion with the examination giving me cause to believe that in any material respect.. 11 accounting rrdS were not kept in respett of the PCC as required by section 130 of the Att; or 21 the accounts do not accord with those accounting records,. or 3) the accounts do not comply with the applicable requirements concwning the form and o)ntent of acctsunts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a'true and falr wew, which is not a matter consdered as part of an independent examination. have no COnrn5 and have come across no other matters in conneLtion with the examination to which attentson sh)uld be drawn in this report in order to enable a proper understanding of the accounts to te reached. Andrea L knbble FCCA A K Actounting Solutions timlted Chartered Certified Accountsnts Femeberga House Alexandra Road FarnborouJh GU14 6DQ 3 Aprll 2025 Annual Rewrt & Finandal Statements- 2024 12
ThE PAROCHIAL CHURCH COUNCIL OF sr JAMESS CHURCH HAMPTON HILL STATEMENT OF FINANCLAL AcrtvrriES For the year ended 31st Decemter 2024 Unrestricted Restrthd EndowTrEnt Funds Funds Funds Totsl 2024 Total 2023 Income and endowments Voluntary incorne Activibes for generatiThJ fvnds Church aCtiv"e5 Income from investrnents other incoming resour$ 2(a) 2(b) 2(c) 2{d) 2(e) 116.614 14,034 94,738 7,964 505 6,082 4,488 250 122,696 18,522 94,988 8,008 505 133,834 5,306 60,119 8,011 517 Total income and endowments 233.855 10,864 244,719 207,787 Expenditure Cost of generakn.ng voluntsry income Church activrfcies Governan costs 3{a) 4,672 5,154 1,337 3{b) 3(c) 388,765 10,960 399,725 2,680 237,774 2,100 Total expenditure 241211 Net (outgoing) resources (162,262) (578} (161840) (33,424) Transfers between funds li (162.262) (578) (161840) (33,424) Investment gains in the 6,140 (410) 5,730 22,933 Net movement in funds (156.122) (988) (157.110) (10,491) Balan brcyjght forward li £637,824 £4.566 £641390 £652.881 Bolance rried f0rn7anl li £481,702 £3,578 £485,280 E642,390 Annual ReFx)rt & Financial Statements- 2024 13
ThE PAROCHIAL CHURCH COUNaL OF JAMESS CHURCH HAMwfoN HILL BALANCE SHE AS AT 31Si DEMBER 2024 No unrestr.cted Restri(led Endowment Funds FuThJs Fund5 Totsl 2024 Total 2023 Flxed assets Tangible fixed assets Investments 342,629 162,990 505.619 341629 16 990 505,619 331,062 247 260 578,322 Current assets Debtor5 and prepayments Inve5trnents Cash 26,810 5.273 26,810 6.142 7,998 18,396 42,245 (66,162) 3,578 45,823 (66,162) 73, 197 {9,1291 Current Ilabllltles Net current (Ilabllltles)lassets Net assets io £481.702 £3.578 £485.280 £642,390 Parish Funds li £481,702 £3,578 £485,280 £642,390 The notes on pages 15 to 24 fom part of these financial statements. Approved by the ParrKhial Church Council on 3 April 2025 and sned on its half. Rev Derek Winterbum (Chair) DawTr Miller (Treasurer) Annual Report & Financial Ststements- 2024 14
sr JAMESS CHURCH HAMpYfoN HILL Notes on Finanoal Statements l ACCOUKtING POLICIES (a) Basis of rati The PCC is a publK benefrt entity within the meaning of FRS102. The financial statements have been prepared L*nder the Charities Act 2011 and in accordan with the Church Accounting Regulations 2006 goveming the Individual accounts of PCC5, and with the Regulations. -true and fair view" provissons, together with FRS102 (2019) as the applicable accounting standards nd the 2019 version of the Statement of Recommended Practice. Accounting and Reporting by Charities (SORP(FRS102)). The financial statements have been prepar& under the historic cost convention except for the valuation of invesiments in CBF funds which are shown at mid-market value. The financial siatements indude all tranSactns. a55ets. and liabilities for which the PCC is responsible in law. They do not include the accounts of church groups that owe their main affiliation to another nor do they include groups that are informal 9atherings of church rnernbe. The PCC have formed a judgement, at the time of appn)ving the financial statements, that there is a reo9)nable expectab.on that the ParcKhial Church Counal has adequate resources to continue in operats.onal existen for the foreseeable future. For this reason, the PCC continue to adopt the going concern basis in preparing the financial statements. (b) Income and Endowments Offerings and collections are recognised when receNed by or on half of the PCC. Planned giving recesvable under Gift AKI is recognised only when re1ved. Tax recoverable on Gift Aid donations is recognised when the donatjon is recognised. Grants and legacies to the PCC are accounted for when PCC ts notified of its legal entitlement, the amount due is quantifiable and its ultimate elpt by the PCC is reasonably certain. Statutory Parc(hial fees are recerwdbie on Y(kIlS, funerals and other events, and that part of the fees due to the PCC are indu(led in these accounts. The PCC also collects and pays over fees due to the Dic£ese of London. Rental income from the letting of church premises is reccKJnised on an accrual's basis. DiyendS are accounted for when received. Interest entitlements a accounted for as tl accrue or, were not material. upx)n reipt. Funds raised at fete, 9arden paty arKI similar evertts are acmunted for gr05s. Sales of books and magazines a accounted for gross. Investment gains and losses - This indudes any gain or loss on the sale of investments and ary gain or 5 resulting from raluIng investments to market value at the end of the year. Annual RekX)rt & Financial Statemerts- 2024 Is
ST JAMES'5 CHURCH HAMPTON HILL Notes on Firkincial Ststements I ACCOUNTING POUCIES- Contlnued nditure Attlvits"es directly relatr.ng to the church are expensed as incurred. Grants and donatlOll5 are accounted for when PaKI over or when awarded if that award create5 a binding obligation on the PCC. The DiLwn Common Fund Obligatwm is account&J for vthen payable. Items such as bcoks and cards, purchased for resale, are written off when acquired. ible fixed Assets Consecrated and moveable church fumishin Consecrated and tEiced prortY of any ksnd is exduded from the accounts by S.10{2)la) of the Charities Act 2011. Movable church furnishiThJs held by the vicar and churchwardens on sCIal trust for the PCC and whKh rquire a facuty for their disposal are accounted for as inalienable prorty unless consecrated. They are listed in the Church's inventory, which can be inspected (at any reasonable time). For inalienabte property acquired prior to 2(M)O there is insufficient cost infomation aVaIlae, and therefore such assets are not valued in the financial statements. Items acquired Sin l January 2000 have teen capitali5ed and depreciated in the rinancial ststements over their Current anticipated uful life on a straight-line basis. All eXndItUre incurred during the year on consecrated or neF1 buildings, individual items under £2,(X)O or on the repair of movabte church furnishings acqulred tefore l January 20(J) is written off. other TtureS fittin sandoffi ui men Equipment used within the Church premfises is depreaat8J on a 5traight-line basis over its exrkrted useful life. Individual iteFll5 of UIpMent used within the church with a purchase price of less than £2,000 are written off when acquired. Church Hall Up to Decemter 2015 no depreciat was provMJ for in relation to the a)urch Hall which was bu1 in 1993 and had deemed to have a remaining useful life exceeding 50 years. The hall 15 kept in a g< state of repair. In 2016, the estimated remainir¥J life of the Church Hall trttn assessed as 50 years and deplatIOn commenced accordingly. (e) Investmen Investments are valLd at mid-market value at 31st Dlber 2024. rrent Amounts owing to the PCC at 31 Decemter 2024 in respect of fees, rents or other inc(Mne are sFKMrb as debtors less wovisions for aK}Unts that may prove uncollettAble. Current asset investsnents include cash held on detX)sit with the Cerktral PAiard of Finan of the ChL6rch of Engknd or at a bank or a buildirHJ Sety. Annu31 Report & Financial Statements- 2024 16
JAMESS IuRCH HAMPTON HILL Notes on Finanaal Statements I ACCOUNTING POLICIES - Continued (g) Funds Restrirted ftinds are those fund5 that must te spEnt (m restricted purposes and detsi15 of the funds held and restrickn.ons are provided in note 11. General funds represent the funds of the PCC that are rt subject to ary restrictions regarding their use and are available for application on the general purwses of the PCC. Funds designated for a particular purFrtxe by the PCC are also unre5tricied. {h) Pensions and other The Church operates a defined tenefit pension scheme for eMploYs. The assets of the scheme are held separately from those of the Church. Pension costs charges in the Statement of Financial Acb"vities represent the Fension contributions payable by the Church during the year. 5t-reti bll ations Annual Rert & Financrdl Statements- 2024 17
r JAMESS CHURCH HAMPTON HILL Notes on Finanaal Ststements 2. INCOME AND ENDOWMEpirs Unresth'ct8J Re5tricteil Encknment Fund Fund Fund Total 2024 2023 2(a) Volunta Planned Giving Tax recoverable Collections Donations and apFtals Legacies incom 81,875 23,160 4.540 7,039 81,87S 24,359 4.540 11,922 79,806 19,866 6,793 27,369 1,199 4,883 116,614 6,082 122,696 133,834 2(b) fund Fund raising events 14.034 14,034 4,488 4,488 18,522 18,522 5,306 5,306 2(c) hur h actlvities Fees Grants received Church hire Hall lettings 3,322 39,977 7,835 43,604 94.738 3,322 40,227 7,835 43,604 94.988 2,466 7,417 250 50,236 60.119 250 2(d) Zncome from investments Interest on de$Its DNidends 539 7,425 583 7,425 8,008 726 7,285 8,011 2{e) 505 505 505 505 517 517 TOTAL INCOME 233.855 10,864 £244.719 £207,787 Annual Rewrt & Financ]al statets- 2024 18
ST JAMESS CHURCH HAMPTON HILL Notes on Financial Statements 3. EXPENDrnIRE unre5tn.cted Restrrted EndOwnnt Total Fund Fund Fund 2024 2023 3(a) Cost of raisin ARK playgroup expenses Fundraising event Parish BreakFast eXnSeS funds 282 3,923 467 4,4672 282 4,405 467 5.154 303 705 329 1.337 Charitsbk Grants Diocesan and other Quots Other ministry costs Upkeep of Services Church running expenses Major building projects DepreciatK)n of church equiprrEnt EducatN)n & SiJrKlay Sclwl Magazine and tksts11 Churchlchurthyard maintenan Vicarage maintenan Church Hall running costs Salarie5, pension5, Nl Administrab"on costs Website maintenan Miscellaneous expenses 1,250 70,655 611 1.225 20,526 194,251 16,853 278 4.923 6,447 10,854 12,104 70,655 7,411 65,000 562 930 31,562 32,213 16,102 118 4,738 10,389 515 26,076 34,279 5,757 313 1,809 237,774 1,225 20,526 194,251 16.853 278 4,923 6,447 686 28,410 33.858 6,710 375 1,813 399,725 28,410 33,858 6,604 375 1.813 388,765 106 10,960 AccountancylexamsnatMJn other proftssional fees 2,680 l680 2,100 2,680 2,100 TOTAL EXPENDrruRE 396.117 11,42 £407.559 £241,211 Annual Retx)rt & Finanthal Ststeffnts- 2024 19
JANES'S CHURCH HAMITON HILL Notes on Finanoal Statements 4 sfAFF cosrs 2024 2023 Wages, salaries, and other staff costs are made up as follows: Parish Administrator (PCC mernlr) Organisi & deputies Pension contributions (PCC member) Children & Families. Worker (& expenses) 25,656 7.620 582 24,204 7,193 544 £33,858 134,279 No employee received emoluments of nKKe than £60,OW during the year. Clergy are not indud&J in the staff costs shown atrf)ve as they are Offi holders not employed by the PCC. Contributions to the pension scheme for the year totslled £582 (2023.. £544) The Church has a defined contribulion pension 5cherne, which all employees are entiued to join. The Church contributes 3010 and the employees Contribut 5% and employees may make further additional voluntary contributions. 5 PAYMENTS TO PCC MEMBERS Eight trustee5 {2023: Seven) red expenses to the value, in totsl, of £6,240 (2023.. £8,941) in resFect of church reFeirs, travel and 0r costs incurrej on LEhalf of the PCC. 6 TANGIBLE FIXED ASSErs Freehold buildings and Equikwnent Freehold Land and Buildiryjs Church Equipment Totsl Actual Cost At 1st Jan 2024 Additions DispK>Sais At 31st Dec 2024 340,0 113,964 35,220 453,964 35,220 £149 184 £489 184 Depreciation At 1st Jan 2024 Charge for the year Released on dis[1 At 3151 Dec 2024 At 1st Jan 2024 54,400 6.800 68,502 16,853 122,902 23,653 £85 355 £146 555 Net Bcrt)k Value £285 600 £45 462 £331062 At 31X Dec 2024 £63 829 £342 629 Up to December 2015 no depreciat was pro¥Kled for in relakn to the Church Hall as it had been deemed to have a remaining useful life exceeding 50 yea. In 2016, the estr'mated remaining life had been assessed as 50 years deplation comfflenced accordingly over that &triod. Annual Rep)rt & Financial Statements- 2024 20
ST JAMESS CHURITrl HAMPTON HILL N¢)tes on Financial Ststements 7 INVESTMENTS 2024 2023 Gross bcok value at 1st January 2024 Purchases during the year Realised gains during the year on original cost Unrealised gains (losses) adjusted for sales in the year Sales during the year (pmceeds) 247,260 267.148 2.083 3,647 4,449 18,484 Gross btsjk value at 3151 DeCtEr 2024 £162,990 £247,260 At 31 Decemter 2024, the PCC held 7,048.94 shares in CBF Investsnent Funds (2023.. 10,938.14 shares). 8 DEBTORS 2024 2023 Income Tax Recoverable Debtors (hall and church hire) Listed Place5 of Workship Grant aaims Other debtors 5,591 1,618 19.464 137 6,234 1,764 £26,810 É7.998 9 CREDrroRS 2024 2023 Creditors for goods and setvi Incumbents, fee5 payable to the Diocese Fees r1Ved in advance Ac(yued and deferred income 57.830 416 325 6,421 588 200 £66,162 £9,129 Annual Rewrt & Financial Statements - 2024 21
JPNES'S (URcH HAMPTON HILL Note5 on Financial Ststements 10 Af4ALYSIS OF NET ASSETS BY FUND Current Year Unrestricted Restricted Endowment Total 2024 Funds Funds Funds Tangible Fixed Assets Investments Current Assets Current Liabilities 342,629 162,990 42.245 342,629 162,990 45,823 3,578 Fund Balance £481.702 £3,578 £485.280 Prior Year Unrestricted Restricted Endowment Total 2023 Funds Funds Funds Tangible Fsxed A55ets Investments CUrnt Current abIlitieS 331,062 247,260 68,631 331,062 247.260 73,197 4,566 Fund Balan £637,824 £4,566 £642,390 Annual Rewrt & Financkal Statements- 2024 22
ST JAMES5 CHURCH HAMPTON HILL Nots on FinarKial Ststements 11. FUNDS Opening balan Zncome Expenditure Transfers. net gains Closing balance UnrestriLted Funds General Fund Building Fund Operational Fund Property Fund 174,666 233,855 19,118 158,440 285,600 637,824 (389,317) 68,698 5,882 (68,440) 87,902 25,000 90,000 278 800 481,702 (6,800) (396,117) 233,855 6,140 Restricted Fund5 Donations and appeals Farmers grave Fund raising event Grants Restricted bequests Special collections 1,610 2.632 205 10,570 (11,192) (86) 902 2,676 (205) 250 (250) 69 (69) {50) (410) 4,566 10,864 (11,442) 3,578 TOTAL FUNDS 642,390 244,719 (407,559) 5,730 485,280 These funds ect accumulaied unspent ret inco. these funds are held for Pruden in proving a buffer to meet unusual or eKp.0n ne&s. The trustees have taken the decision to create three deswJnated furKls for the followin9: Buildin Fund £25,000 was designated by the Trustees for likety building works arising from quiTh4uennial inspections. rational Fund To comply with the current reserves lIcY operab.onal reserves, equivalent of six months general running costs including salaries, whKh equated to approximately £90,000 using the 2023 figures. This was reviewed in November 2024 arKt the $3me fKJure agre8J. This fltnd is the eouiv3lent to the net value of the Churrh Hall. currently E278.800. The movement each year on this furKI is the annual depiation of £6.8(KJ. Restricted fvnds: Are funds which have teTr given to the PCC for a 5Feafic purpose, and which are held pending di5bur5ement in acconIan with the Mandate for whth they were given. During the year very old, restrirted fund balance5 where the pur[MS IN)ve teen fulfilkd , o total of £119, were transferrt¥J to the general fund. Annual Report & Financial Ststements- 2024 23
sr JAMESS CHURCH HAMvfoN HILL NLes C na[la1 &atenlts 12 FEES COLLECTED FOR THE DIOCW4 BOARD OF FINANCE statutory Parcthlal Fees are rKeprfab on y[n9S, fvmls arKI cthr elents, and the pa of fee5 due to the PCC are Ind In ttse accounts. Tr PCC aL culkxts the part cf the fees due to the Dl(KEsan Pthrd of FIrkir and pays these to the LOTh0n DIn Fund. In 2024, amourt collect8J on behalf of the DBF was £2.717 (2023: £2,079). 13 RELATED PAKfY TRANS4CTIOMS A PCC memier arkd her daughter have a kne JJreeTrnt with the Church to rent spa, at market rates, In the church hall. Rental irwrE in year anKsuntsl to £21,177 (2023: £18,926) the salary payments di10Sl in 4. ReiMburserts for rNJrmal out of pxket expense5 Incurred In the yrfomorKe rf Var duti as WTrr, or as of the PCC commiitee, are set out on note S. 14. CAPTIAL COMMrrMEKrs The Church has aut1vxi ar¥J contr&thd for endIture of £2,760. The Church has authorised but nct contracted fcff eXpXI1tUIe d £Nil in its capitsl bLty for the utKomiThJ Annual Re & narla1 StateM- 2024 24