cc Sili Christ Church Southport ANNUAL REPORT OF THE PAROCHIAL CHURCH COUNCIL & ACCOUNTS For the year ended 31st December 2024 Charity Registration Number1129342 www.christchurchsouthport.org.uk
CHRIST CHURCH, SOUTHPORT ANNUAL REPORT AND ACCOUNTS FOR THE YEAR ENDED 31ST DECEMBER 2024 Pag8 CONTENTS LEGAL AND ADMINISTRATIVE INFORMATION Members ofthe PCC Professional Advisors STRUCTURE, MANAGEMENT AND GOVERNANCE STATEMENT OF PCC'S RESPONSIBILITIES RISK ASSESSMENTS Health and Safety Safeguarding of Children and Vulnerable Adults Data Protection Financial Risk OBJECTIVES ACTIVITIES, PERFORMANCE AND ACHIEVEMENTS YOUNG PEOPLE MISSION IN THEUKANDAROUNDTHEWORLO ADMINISTRATION FINANCIAL REVIEW LOOKING FORWARD 10 INDEPENDENTFAAMINER'S REPORT STATEMENT OF FINANCIAL ACTIVITIES 12 BALANCE SHEET ATJ DECEMBER 2024 13 NOTESTOTHEACCOUNTS 14-23
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF CHRIST CHURCH SOUTHPORT ANNUAL REPORT for the year ended 31st December 2024 Le al and Administrative Information Name.. Address.. Christ Church Lord Stree( Southport, Merseyside PR8 IAA Status.. Chrlst Church registered charity number.'112g342 Officers.. M@mb8rs of the Parochial Church Council are either ex-officio, co-opted or elected by the Annual Parochial Church Meeting IAPCMI in accordance with the Church Representation Rules. During the year, the following served as members ofthe PCC.. Vicar.. Rev, Ben Dyer Self-sust8ining minister.. Rev. Rob Milton Ex-officio Churchwardens.. Mr8 Katy Porter Mrs Lisa Rowe Deanery Synod Representatives.. Mr David Griffiths Mrs Margaret King Mr Keran Lewis Mr John Sexton. Ex-officio Ex-officio PCC Secretary Treasurer Elected Members.. Mrs Pauline Atherton (retired March 20251 Mr Phil Dav Mrs Jo Greenfleld Mr Sam Greenfield Mr Mark Hague. Mrsjennie High8m Mrs Elizabeth Lacey" Mr Andrew Lang Iretired May 20241 Mrs Rachel Rawcliffe Mr Chris Stephen (retired March 20251 Mrs Hettie Taberner MrJimTate Ex-officio.. On the PCC because of their position. 'Trustees of Café181 Ltd Professional Advisers.. Bankers.. Independent Examiners.. Solicitors.. Architects.. HSBC PLC, 331 Lord Street, Southport OJ Grills Esq FCA, J A Fell & Co, 40 Hoghton Street, Southport PRg opo Hill Dickinson, I St Paul's Square. Liverpool L3 9sJ D8vld Chapm8n, NJSR Chartered Architects, 57-59 Hoghlon Stre8L Southport D8V-to-day management control ofthe Church is exercised by the Clergy and Wardens contactable via the church office.. 01704 531756. or the Church email.. office@christchurchsouthporl.org.uk
Structure Mana ement and Governance Christ Church Southport PCC is a body corporate and operates under the Parochial Church Councils IPower81 Measure1956 and the Church Representation Rules. giving due regard to Church of England policies. The PCC is a registered charity.. Number1129342. Related trusts.. Vivesco Café (renamed Café1821 Ltd in December 20191 operates as 8 Charitable Company Limited by Guarantee INLJmber108g1821 with its own trustees and management group, who may be PCC members but not necessarily are. Christ Church's PCC h8S the responsibility of co-operating with the Clergy, in promoting in the ecclesiastical parish, the whole mission ofthe Church, p88toral, evanoelislic, social and ecumenical. It has maintenance responsibilities for the church buildings complex on Lord StreeL SouthporL and is responsible for financial matters. The general functions ofthe PCC are st8ted within section two ofthe Parochial Church Councils IPowersl Measure Ig56. When planning its activities for the year, the PCC gave consideration to th8 Charity Commission's guidance on public benefit and in particular the specific guidance to charities concerned with advancement of religion. The PCC is the body within Christ Church where policy, decision-making end accountabilities are determined, Durlng 2024 there were six PCC meetings and one extra-ordinary PCC meeting. The Standing Committee meets before the PCC meeting and considers and recommends 8etions 8nd policy proposals, and consists of the clergy licensed to Christ Church, wardens, treasurer, PCC Secretary and Iwo lay representstives from the PCC. When the need arises, small groups/sub-committees m8y be formed to discuss a particular issue relating to church life and reportto the PCC. Statement of PCC'S Res onsibilities Law applicable to charities in England and Wales requires the PCC, as trustees of the Church, to prepare financial statements for each finencial yeai which give a true and fair view of the charity's financial activities during the period 8nd of its financial position at the end of the year. In preparing those financial statements. the trustees are required to., Select suitable accounting policies and apply them consistentlv. Make judgements and estimates that are reasonable and prudent. State whether applicable accounting standards and ststements of recommended practice have been followed, subject to any departures disclosed and explained in the financial statements. Prepare the financial statements on a going concern basis unless it is inappropriate to presume that the charity will continue in operation. The trustees are responsible for keeping accounting records which disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements eomply with the Charities Act 1993. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Risk Assessments The PCC considers all the risks which face the church and has identified and addressed the following critical areas.. HE4LTH AND SAFETY As a busy church, the PCC tskes serlously the importance of safety for all who come onto the premises. The PCC statement of general policy is to.. Provide adequate control of the health and safety risks arising from ourwork/church actlvities. Provide and maintain a safe environment and equipment. Ensure safe handling and use of substances. Provide inft>rmation, instruction and supervision for employeeslvolunteers and when necessary, any of the above mentioned. Ensure all employees/volunteers are competent to do thelr tasks and to glve them adequate training where appropriate. Prevent accidents and cases of work-related ill-health. Maintain safe and healthy working conditions. Review and revise this policy as required at regular Intervals. Safety and risk management is a shared responsibility and the PCC and Wardens are grateful to all who help by being vigilant and reporting potential danger& First Aid.. First aid kits are easily accessible and 8 defibrillator 18 on-site along the main corridor. Matthew Hyde is a trained first-aider. Equipment.. Annual, monthly andlor weekly checks are made to smoke al8Yms, emergency lighting, fire extinguishers, fire call points, the heating system and boiler with all checks being recorded. All electrical appliances 8re PATtested regularly and the fire alarm system is checked regularly.The lightning conductorwas18St inspected in July 2022 in accoidance with regulations and is due again in 2025. Flre.. An annual fire evacuation practice will be completed in 2025. The fire risk assessmentis updated on an annual basis. Food Hygiene.. Kitchen st8ff and volunteers are frequently updat8d regarding food hygiene and regularly altend courses, S8fety procedures.. The Church's Health 8nd S8fety Policy ensures that the PCC meets the duly placed on it under Section 2131 of the Health and Safety at Work Act Ig74 and is based on the Ecclesiastical Insurance's Health and Safety Policy template. It is reviewed annually. SAFEGUARDING OFCHILDREN AND VULNERABLEADULTS The Church Of England Safeguarding policies were adopted by the PCC in 2024, Emily Geering, Nicola Millington and David King stepped down from their roles in safeguarding and were replaced by Jo Greenfield as Parish Safeguarding Officer, Stella Milton remains as Safer Recruiting Officer. All me88ures are in place that meet the requirements of the Liverpool Diocese. DATA PROTECTION Christ Church complies with the General Data Protection Regulation IGDPRI and treats person81 information responsibly. The Christ Church Data Protection Privacy Notice can be found on the homepage of our website. We continue to use Churchsuite as a safe and secure way of handling the data of church members. FINANCIAL RISK The Treasurer gives up-to-date information on the church fin8nces to the PCC on a bi-monthly basis. Reserves are deposited with the Central Board of Finance. All major assets are insured arKI levels reviewed annually and approved bythe PCC. The PCC and Treasurer. supported bythe administration staff, continue to review procedures to improve inlernal controls.
Objectives Our vlslon Glvlng everyonè In Southport multlplg opportunltles to encounter Jasus Our values J8su8 followlng In the hlghs and the lows. we are commlttedto followlng Jesus wherever h8 may take us. Our targ8t8 (by Dec 2028) 1000 in social spaces Relatlonal We wantto know others end be known by others. 200 connected young people Klnd 100 first-time Alpha explorers In a cold world we always choose klndne88. Creatlve We choose to see the beauty around us. We choose to be 8 part of creatlng beauty around us, 20 (res&tl small groups I neiNworshipping communlty Courageous We are not afr8ld oftrugting God and taklng rlsk8. We are only truly 8fr8Sd of gettlng too comfortable. Our strategy Betriending Introducing Growing Cynic Skeptic Spectator Seeker Believer Disciple Social Spaces Worshipplng Communities Alpha Small Groups Bea Missionary Growing Leaders
Activities Performance and Achievements Clergy,. Rev. Ben Dyer became vicar of Christ Church in October 2023 and continued in this role during 2024. He is supported by Rev. Rob Milton ISSM licensed to Christ Church) and Rev. Frank Hinds (licensed to Liverpool Cathedral), Physical services- Throughoul2024, there were r8gularly2 morning services on Suriday mornings, at 9.15am and 11am, with occasional joint10.308m services. Café Church- Cafe Church continued on a weekly basis until Augu8t2024, which ran alongside the Sunday church services within the café area. Online resources- Through the year online resourceswere provided.which included the livestreaming ofthellam Sunday services. We are grateful to those who helped facilitate and support all these services in 2024, including wardens and deputy wardens who maintained the safety of people in the building, also the welcomers, communion administrators, bible readers and the PA and audlo/vlsu8lltechnical teams. Attendances 2024 g.158m service average attendance.. 50 11am service average attendance.. go Special Services.. Easter Sunday attendance'.182 Carol Service attendance.'170 During the year 2024 there were no marriages, 4 funeral services, 3 baptisms end 2 adult reaffirmations of baptismal vows at Christ Church. Throughoutthe ye8r there were different special services,. a Holocaust Memori81 serviceand aTimeTo Remember servic& Christm88 Time.. Atchristmas time there was8 SASWT Christmasservice, a Carol seNice, a Christmas Eve service and a Christmas Oay all-age service. El&ctor81 Roll.. In 2024 the number on the Electoral Roll was158, Giving end Fln8nce.' The church f8mily at Christ Church continued to glve generously Sn 2024, raising its giving across both unrestricted 8nd restricted Imainly Youthworkl funds by11.1% to g94,521 including Gift Aid and Small Donations scheme tax refunds. Total expenditure fell by15.4% to £220,222. This was due to continuing tight control of expenditure, and the fact thatwe did not have any major building projects in the year. We ended 2024 in surplus Iforthe firsttime since 20211, were able to payour Parish Share to the Diocese Sn full,1£87,44gi, and continue to give IO% of our unrestricted giving to mission outside Ihe church. During 2024, after some movements between funds, unrestricted funds rose by £14,261. The18rgest component of this, the General Fund, through which all day-to-day expenditure is managed, grew by £3,909. The Youth Fund Irestrictedl grew by Q5,436 thanks to generous giving, but this can be expected to deplete r8pidly if and when our planned new Families and Children s worker and half-time Youth Worker are appointed. Sm811 Groups & Missional Communlties.. These groups continued lo play en imporiant part in the life and ministry of Christ Church. Small Groups meet in the church bLJilding or in people's homes, for bible study and fellowship. In 2024 there were12 Small Groups. Pray8r. Monday Evening Prayer times are held 8t7pm every Monday. A new Prayer Corner was introduced in 2024 within the worship area,
P8Stor81 Care.. A great thank you to the Pastoral Team whose work goes on behind the scenes, for helping those struggling and needing help in various ways. The leam meel regularly and try to make sure people feel part of the church and follow up those who we haven't seen in a while. Each of the team members have undertaken Safeguarding tr8ining. Regular Groups: Our regular groups of Tuesday at Two, Midweek Music and Bereavement Support continued successfully in serving the community throughout2024. Alpha.. In 2024there were two Alpha Courses held, Cafe1821'. The café is an important aspect of the ministry at Christ Church and as well as serving food and drink provides an easy way in to finding out more about Christ Church and Christianity. It Continues its ministry with staff and volunteers. The cafe is a separate legal entlty from the church. Winter W8rmers 8nd Summer Mondays.. In 20Y2the Winterwarmer initiative began, where the cafe becomes a warm space whilst offering free food and drink to anyone who comes in. This continued in 2024 throughout the summer and into the winter months, and proves successful within the local community. Wider Church Community.. Christ Church has four PCC members who attend the Deanery Synod. Clergy attend the monthly Chapter meeting which is a discussion and support group and the Mini*ers' fraternal which h88 members from all denominations. Youn Peo lo 2024 saw growth in the number of young people connected to Christ Church. Kids church13-111 averaged 15-20 children on a Sunday while Sundayyouth111-161 numbers ranged from4-IOyoung people. Overthe year they looked at a range of topics. all while havlng fun 8nd lin some cases) getting messy. Friday youth continued over 2024 and averaged 30 Dl-18sl every Friday during term time. Manyof these youth have never had contact wth church before and it has been 8 joy to get to know them and provide a space where they can have fun. form fyiendships and be safe. During this y8ar our children's and youth worker IEmilyl stepped down and 8 special thank you to B, Tabz and Jo for all the work you have put into growing the work with young people in the absence of staff members during the second half of 2024. Thank you also to all the volunteers who help on a Sunday or a Friday night. Mission Partnershi s in the UK and around the World We prayerfully and financially supportthe following individuals working to make a difference in God's world.. Julie Noble with L8tin Link in Oruro. Bollvla - Thls includes prlson minlstry through the Angel Tree Centre programme, supporting prisoners, children and families, and the Restoring Hope programme working in Discipleship and Restorative Justice. Julie also serves on the PRADOS (drug and alcohol rehabilitation centrel board. Julie worshipped with us at CCS during her home leave this ye8r. Colin Jackson with Aroch8 in Keny8 at the Mwamba Field Study Centre- As Founder & Director / Science and Conservation Director, Colin provides vision and direction for the overall conservation work of A Rocha in Kenya, leading the team in its various projects 8nd research. This elso includes education projects to enable local children to continue wlth Secondary School Education and heltHng local families to improve their standard of living through Farming God's Way. Sareh IAnn8-Llsel Berlyth based In South Africa as a full-time volunteer with Youth With A Mission since Igg7. Originally our Café manager, Sarah has developed a StOP MOTION FILM using the S8ndBoxBible figures which can be used to walk through the Bible verse by verse in an audio-visual manner in conjunction with Wycliffe 8ible
translators input to spre8d the Gospel around the world In dlfferent langu8ge& Sarah has written books io equip evangelists and regularly goes on mission trips especially to Asia. Tabz and Hettie Taberner with Southport and Area Schools Worker Tru8t ISAswn based locally serving children, teenagers and their schoo18 for over two decades wilh an ever-growing vision to provide safe spaces to explore the big issues of life and faith. SAS partners with schools, youth clubs, churches and other organisations to make a lasting difference in the lives of local young people- unleashing purpose, building resilience, and bringing hope for the future. There is also an opportunity for u$ to practically support their work by helping with presentations in schools. Jack Lovegrove from CCS is being supported by our church as he undertakes a one-year Youth Worker training course organised by New Wine in Sheffield. Jack grew up in CCS 8nd has been enthusiastic about encouraging children and youno people on their faithjournev. CCS opens its building to offer support to other organisations including hosting a monthly Community Market for Compasslon Acts- whose goal is to address the root causes of poverty through a holistic and personalised approach, striving to 811eviate its impact and create18Sting change. WinterWarmers- During the winter months on a Monday, the Café w8s open and volunteers offered a warm space with free refreshments to our community. Administration Church Staffr. During 2024 Matthew Hyde continued his role as administrator alongside his other duties on the finance team and as Buildings Manager. Emily Geering Stepped down from her role as Children's and Youth Worker. Our'staff, is far wider than those who are employed by the church or who are in a leadership role. We rety on the generous service of all those who serve voluntsrily, and indeed, we could not function without them. A big thank you goes to all who use their gifts and talents at Christ Church in order to serveJ8SU& Church Buildings and Fabric.. Matthew Hyde continued in his role as Buildings Manager, overseeSng the running and maintenance of the building. We are very grateful to Dave Giiffiths, who is part of oui Warden Team. He monitors the fabric of the building 8nd because of this the building has been kept well-maintained with his due diligence. Dave also takes responsibilityfor writing and updating the necessary risk assessments and Health & Safety policy to ensure that all those who come into the building are kept safe. Financial Review With rising giving in 2024, and without the major works of 2022 Inew boilerl and 2023 Inew flat roof), and with like- for-Sike expenditure rising by only l.l%, the overall accounts moved into surplus for the first time in three years. Unrestricted funds, restricted funds, and endowment funds were all in surplus at year end. Surpluses go into reserves which enable minislry development, or meeting unexpected costs lor falls in giving) in future years. We are blessed at Christ Church with so many who give generously not only from their finances, but also of their volunteered time as they serve in administration and safeguarding, clean and maintain our building, and many different ministries. We thank all who faithfully give in so many ways The amount is less importantthan the heart. 2 Corinthians 9.. 6-7 says, The point is this,. whoever sows sparingly will 8180 reap sparingly, and whoever sows bountifully will also reap bounlifully. Each one must give as he has decided in his heart, not reluctantly or under compulsion, for God loves a cheerful giver. IESVI.
The PCC has approved the recruitment of a postto reach out to families and children, and half of a jointyouth post with the Schools Worker Trust. Prayer is needed both that the right applicants can be found to fill these posts to give more people multiple opportunities lo meet Jesus, and also that giving can be generated to sustain these workers as they evangelise into a society and generations who know so little of Him. We will need to raise about £30,000 annually if the Youth Fund is not to require subsidy from the main accounts. The finances of the church have been simplified over the last eighteen months with fewer bank accounts, funds, 8nd a new accounting system which we hope will simplify preparing our annual accounts, The Treasurer is always available to answer any questions about giving or what W8 spend your giving on. Members may wish to consider making a legacy to Christ Church in their wills to bless a future generation. We would also encourage more givers to switch paying through the national CofE 'Parish Giving Scheme" which saves a lot of work in the office weekly and again at yeai end - flyers are on the table in Church. Lookin Forward This year has been a difficult year for our town. The events of the summer shocked us all and this town was land still isl grieving the loss of lives and innocence. The events of those d8ys ripple into the future and building bridges is just as necessary now as it was in the aftermath of those tragic events. This church holds 8 unique role in Southport of being in its centre and involved in various civic events. We have an opportLJnity and a responsibility to shape the future of this town for the good of all and polnt tr> the lightthat dwells within the darkness. In 2024 Christchurch spenttime listening to God and discerning where he wanted to take thischur¢h. This resulted in our new vision that was launched in autumn, We feel called by God to give everyone in Soulhport multiple OPFK>rtunities to encounter Jesus. This calling has begun to sh8pe church life but will continue to shape the direction oftravel of Christ Church for many years to come. Before the summer of 2024, we did a series at Christ Church based on John Ortberg's book°If you want to walk on W8teryouve got to get out ofthe boat.. In thls series. we explored the need to be courageous and trust God. Change is difficulL but to follow God, change will always be necessary and that is true for this church as it is for any other. One of thejoys since l arrived at Christ Church is seeing more youno people connect with us. This year we intend to employ new staff to help with this wonderful work. Pray that we find the right people. In the aulumn we also spoke about our 5 values or characterisbcs that we pray will shape our future.. Jesus following, relational, kind, creative, and courageous. My prayer is that these will be more than words on a wall, but these qualities will go deep wlthin this community. Notjustso we can enjoy being in a community marked by these traits. but so that our town can be changed by a community of people who are determined to b8 Jesus following, ielational, kind, creative and courageous. Signed on behalf of the PCC (Revl Ben Dyer (Chairman) p4 10
Inde endent Examiner's Re ort Report to the Parochial Church Council IPCCI of Christ Church Southport on the accounts for the year ended 31Bt December 2026. as set out on page$12 to 23 of your Annual Report. Respective responsibilities of Trustees and Examiner The PCC is responsible forthe prep8ratlon of the 8ccountS and it considers that en audit is not required forthis year under section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed. It is my responsibility to.. examine the accounts under seotion145 of the Charities ACL to follow the procedures laid down in the general Directions given by the Charity Commission (under section14515llbl of the Charities Act), and to state whether particular m8tters have come to my attention. B8818 of independent Examinefs statement My examination was carried out in accordance with general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the PCC and 8 comparison of the accounts presented with those records. It also Includes consideration of any unusual items or disclosures in the accounts and seeking explanations from the PCC concerning any such matters. The procedures undertaken do not provide all Ihe evidencethatwould be required in an audit and consequently no opinion is given as to whetherthe accounts present a'true and fairf view and the reporl is limited to those matters set out in the statement below. Independent Ex8minerfs statement In conneclon with my examination, no material matters have come to my attention.. which gives me reasonable cause to believe that in Bny material aspect.. the requirements.. - to keep accountlng records in accordance with section130 of the 2011 Act, and - to prepare accounts which accord with the accounting records and complywith the accounting requirements of the 2011 Act have not been met, nor to which, in my opinion, attention should be drawn in order to enable a prop8r understanding of the accounts can b reached. Date.. lfr IcyLg OJ Grills Esq FCA JAFell&Co 40 Houghton Street Southport PR9 opo
Pag8 12 Parochial Church Council of Christ Church, Southport Statement of financial activltles For the yaar ended 31 t)eGember 2024 Unr8stfSGted Rgstrlcted Endowment Funds Funds Funds TOTAL 2024 TOTAL 2023 Note Income and endtswments from.. Donations and leg&oes 21al 164,038 30,483 194.521 175.032 othertrading a¢tNiti&s 21bl Investmen15 21cl 5.768 700 1,923 8,391 5,059 Charitable aclivi118S 21dl 48,550 48.550 41,056 Total in¢ome and endowments 218,356 31,183 251,462 221,147 Expondlture on- Charitable A¢tivities Grants rnade in furth8ranc8 of PCC'S obJ'ectwe5 31al 15,800 4,706 20.506 21,947 Activities dir8Ctly relating to work of the Church 31bl 182,145 11.671 193.816 232,292 Other costs 31el 5,900 5,900 Total expenditu 203,845 16,377 220,222 254,239 Galns on investmont assets: on revaluation 51bl 1,777 Not gain$llossesl on invostments 1,777 N8t InComlexpend1tllrO1 13 14,511 14.806 1,923 31.240 131.3151 Tot81 funds brought fOard Transfer of funds in tho year 135,851 12501 15,215 250 40,160 191.226 222.541 Totsl fund$ carried forward 150,112 42,083 222,466 191.226 The notes on pages 14 to 23 fom part of the88 financial statements
Page 13 Parochial Church Council of Christ Church, Southport Balance Sheet at 31 December 2024 Unrestrlcted Funds Restrlcted Éndowment Funds Funds TOTAL 2024 TOTAL 2023 Noi8 FIXED ASSETS Tangible 5181 432 2,995 3,427 4,643 Investm8nl gb) 31,815 31.815 32,840 432 31.815 35.242 37.483 URRENT ASSETS D8blors 25,881 4,489 494 30,684 32,101 Cash at bank and in hand 128,310 22,787 9.774 160,871 127,786 153991 27.276 10.268 191.535 159,887 LIABILITIES Credilor8'. amounts faHing due within one year 14.3111 14.3111 16,1441 NET CURRENT ASSETS 149,680 27,276 10,268 187,224 153,743 TOTAL NET ASSETS 150,112 30.271 42,083 222.466 191.226 PARISH FUNDS Unrestricted Reslrl¢ted Endowrnenl 10 150.112 150.112 30,271 42.083 135,851 15,215 40.160 30,271 12 42,083 150.112 30,271 42,083 222,466 191,226 The note5 on pages 14 10 23 forn part of these finanoal stslements p< Rev B8n Dy8r Vi¢arlGhairman Mi John Sexton PCC Treasurer
Page 14 Parochial Church Council of Christ Church, Southport Notes to the financial statements For th8 yèar 6nd8d 31 December 2024 ACCOUNTING POLICIES The financial statements have been prepared in accordance with the Church Accounting Regulations 20( together with applicab16 accounting standards and the SORP FRSI02. Thé financial statements have been prepared under the historical cost convention except ft)r the valuation of investment 8SS6ts, which are shown al market value. The financial slalemenls include all transactions, assets and liabilities for which th& PCC is responsible in law. They do not include the accounts of church groups that owe their main affiliation lo another body, nor those that are infomial gatherings of church members. 1.1 Funds Endowment fund8 are funds. the capital of which musl be m8inlalned.' only income arising from investment of the endowment may be used either as restricted or unreslricled fund8 dependlng upon the purpose for which the endowment was established. Restricted funds represent donations or grants received for a specific object or Invited by the PCC for a specific object. These funds may only be expended on the speeilic object for which they were given. Any balance remaining unspent at the end of the year musl be carried forward as a balance on that fund. Unreslricled funds represent the general funds of the PCC that are not Subje to any restrictions regarding thèir us6 and are available for application on the general purposes of the PCC. Funds designated for a particular purpose by the PCC are also unrestricted. 1.2 Incoming resources Planned giving, collections and donation5 are recogni$ed when received. Income tax recoverabl& on Gift Aided donations is recognised when tha incoming resource lo which they relate is received. Grants and legacies to the PCC are accounted for as soon as the PCC is notified of ils legal enlillement, the amount due18 quanlrfiable and its ultimate receipt by the PCC Is reasonably certain. Other income - rental income from the letting of church premises is recognised when th8 income is due. All incoming resources are accounted for gross. Dividends are accounted for when due and payable. Interest enlillemenls are a¢¢ounled for as they aecrue. Tax recoverable on such income ig recognised in the same accouning year. Gains and losses on investments - realised gains or losses are recognised when investments are sold. Unrealised gains or losses are accounted for on revaluation ol investments al 31 December. 1.3 Rèsourcas expended Grants and donations are accounted for when paid over, or when awarded, rf that award creates a binding obligation on the PCC. The Dio¢esan Share is accounted for when due. All other expenditure 18 generally recognised when il is incurred and is 8eeounted for gross.
Page 15 Parochial Church Council Of Christ Church Southport Notes to the financial statements For the year ended 31 Dgcembgr 2024 1.4 Fixèd Assets 1.4.1 Consecrated land and buildings and movable church furnishings Consecrated land and beneliced property of any kind is excluded from the accounts by s1012llclof the Chaiilies Acl 2011 Movable church furnishings held by the Vicar and Churchwardens on special trust for the PCC, and which require a faculty for disposal are accountèd for as inalienable property unless consecrated. They are1I81ed In the Church's Inventory which can be inspe¢led 8t 8ny reasonabl& time. 1.4.2 Other land and buildings Al Ils meeting on 22nd January 2013 the PCG agreed to tak¢ out of Fixed Assets the value al cost of the original hall ¢omplex and the hall exlension1£150,0001. Since the redevelopment of the Church in 1995 the Hall Complex is an integral part of the Church building and therefore is not deemed lo be an asset which the PCC could dispose of. The property is considered to be excluded from the accounts by virtue of Section 1012llcl of the Charities Act 2011. Charitable Activities 1.4.3 Other fixtures & fi'ttings, office equipment and Piano Equipment and fixture and fillings used within the church complex are written down to estim8led residual value by depreciation on a slraightline basis over the number years sel out below.. Years 10 Cal&ring equipment Piinlers Video camera, TV, computers etc. Piano 10 Individual items of equipment with a purchase cost of £750 or less are written off when thg assèt is acquired. 1.5 Investments Investments valLJed at market value at 31 December. 1.e Reserves The PCC ig encouraged to hold reserves lo meet regular 8nlicip8ted expenses for three months unreslricled expenditure whi¢h would amount to £50.961. At present the unreslricled nel curenl assets stand at £149.680.Thi5 is more than enough to ver our usua1 three months unrestricted expenditu. The PCC considers the following Tisks may affect the continuing ministry of the church..
Operational related to the church buildings. Stslutory and legal relating to Protection for All, Health and Safely, and Charities Act governance. Financial relating lo reductions in income or excessive expenditure. Reputation from adverse publicity. Steps are in place to minimise these risks by specifi¢ vdunteers monitoring the buildings and the slalulory responsibilities. The PCC prepares an annual budget and monitors and rèvièws the financial performance as well as operational and slalul(Yy mall&rs at its regular meetings. 1.8 Curront Assets Amounts owing lo the PCC at 31 Dember in respect tsf fees, rent or other income are shown as debtors less any provision for amounts that may prove uncolleclible.
Page 16 Parochial Church Council of Christ Church, Southport Note$ to the financial ststements Forth8 year end8d 31 Dgcernber 2024 INGOMING RESOURCES Restricted Fund8 Endowmont Funds Total 2024 Totsl 2023 Fund$ 21al DoNaliort$ and lega¢ies Planned giving.. Gifl Aided donations Tax iecoverable Olher Colle¢tions110088 ca8hl GiftAkl Small Donations Schetnè DonatlOll5, appeals et¢ Giant Lega¢ies 102.778 25,800 13,260 13.345 2.428 6,417 10,754 2,688 840 113,532 28,488 14,100 13,345 2.438 19,818 3,DCQ 104.543 26.456 13.848 11.846 1,562 11,244 5,533 13,201 3.wo 1e4.038 30.483 194,521 175.032 21bl Other tratling a¢tivltle8 Fund raising 21¢) Investments Inve81ment in(xrne Bank intere51 1059 4000 5.768 700 1,923 8.391 5.768 1.923 8,391 5,059 21dl Ghaiitable A¢tivllle$ L811ing incom8 from pr8mi585 Wedding and Funeral Fees Printing etc Events anrs ealerir Tuesday al Two Children and Youth Mid Week Musi¢ Discrètionary Mi8cellaneou8 16,807 1,140 174 4.150 15.341 366 10,572 16,807 1,140 174 4,150 15.341 366 10.572 15,230 518 171 3.993 6,863 212 48.550 48,550 41,056 TOTAL INCOMING RESOURCES 218,356 31,183 1.923 251,462 221,147
Poge 17 Parochial Church Councll of Christ Church, Southport Notes to the financial statements Forthe year ended 31 Decetnber 2024 RESOURCES EXPENDErJ Unrestricted Fund5 Re5triGted Funds Endowment Funds TOTAL 2024 TOTAL 2023 Charltabl8 Actlvltlos 31al Missionary and charitablÈ giving.. Oversea$". A RoGha CMS Latin Link 8olivialAngel Tree Pr(48CtI Lynn Tneaty Christ the King Nursery sGhoolMar4 Colin and Roni Jacks Julie Noble SA Breedt TEAR Fund IUkNlne app&all Red Cr055 (Ukrainel Sarnaritans Purse Home Missions Evang81ical Alliance SGhools Wotker Trust Schools Wotkei New Wine Apprent Compassion ActslLighl for Lif8 Salvallon Army LanGa5ter Universily CU 2.750 2.750 2,750 2,375 2,750 1,428 200 500 500 1,050 4.250 3,000 3,000 2.500 2.500 400 700 3,150 400 950 4,850 250 1,500 43 43 65 250 4,900 400 250 250 4,9 400 220 2,750 soo 413 1,767 320 soo 15,800 4,706 20,506 21.947
Page 18 Parochial Church Council of Christ Church, Southport Notes to the financial statements For the yaar ended 31 Dec9mber 2024 RESOLJRCES EXPENDED Unre8trict8d Funds Restricte Fund5 Endowment Fund$ TOTAL 2024 TOTAL 2023 31bl Ministry.. Diocesan Parish Share Clergy exwnses Clergy housing Youth Worker Cost$ 87,499 1,329 5,393 87,499 1,329 5,393 10,671 87.498 4.217 18,027 10,671 Property COSts'. Church and halls Eledric, gas and wat8r Insurance Repairs renewals and cleaning Hall Roof Depreciation church equipment 18,510 5,981 6,898 18,510 5,981 6,898 17.911 5,156 7,401 33800 1,753 216 1,000 1,216 Upkeep of services Communion wne, glasses, palm crosses, 295 295 214 Equipment Small items of fumiture and equipment 437 437 1.280 Books, Teachlng malerials.R8sources 1,727 1,727 1.387 Other aelivities Events and catering First Aid training Mld Vveek Music Tuesday al Two costs Youth activities costs Sundrie5 3,619 422 4.478 9.809 826 2,058 3,619 422 4,478 9,809 826 2,058 4,034 2,704 8,996 1,673 2.181 Support Cost8 Salaries and Wages Printing, Slalionery. general office expenses Postage and telephones Websitelsocial Media Church Suit8 Bank Charges Appointment of New Vicar 25,940 1,686 1,705 510 726 454 25.940 1.686 1,705 510 726 454 25.136 1,676 1,714 338 726 520 1,9tK> Governance Administistion Independent Examination 550 1,060 550 1,(bO 520 1,230 Generation of voluntary income Cost of appeaLq elc 17 17 17 182.145 11,671 193,816 232,292 31 ¢ l Other Costs Ex Gratia Payments etc 5,900 5,900 TOTAL RESOURCES EXPENDED 203,845 16,377 220,222 254.239
Page 19 Parochial Church Coun¢il of Christ Church, Southport Notes to the finan¢ial statements Forthe year ended 31 Derner 2024 STAFF COSTS untrIcted Res¢ilGted Funds Funds 2024 2023 41al W8p$ arKJ Salarias National Insur8ntr Costs Pensions Ex Gralia payment yth Wother 26,699 10.361 37.060 43.219 770 5.900 311 1.081 5.900 44.041 1.271 44.490 In 2024 the PCC eM9Yed a Buildings ManagerlOtric8 Adminr61fatorwho did rK)t eam £60,0(M) ormora. The PCC also fot a Can[to assist the Bu1$ Managerbran houra week The PCC eMye a ful bme Youth and ChiSdrens Workerwho left ouremploytn8nl on 15th June 2024. In additson io 5 week5 pay in lieu of noli¢e, included in Salarywdts see note 3lbl and 41¥l. stte receN6d an 6xgRiia payr(Entof £5.LK)0 8nd was reimbuised legal c0515 of £9DO. See note5 31 cl arKJ 4lal Atthe 8rKJ of the ywlh8 empbyees equ81ed to 1 tymeequivalenl. Within Lnreslrtcled 918ff ¢o$l$ 1$ 8 figure of É1.D30 in r85P8rl of the cl8aning a68t2nl. The expandira Is shown under repairs and clealg. See note 3lbl 10 the wunts. 41bl PAYMENTS TO PCC MEMBERS Mts Lovtgrove was a PCC marfd)8runlll April 2024 ano is 95 a cafe manager by Café 1821 Ltd. Mrs E Lacey Is 8 PCC rnemberand also acts as a Trustee ol the Soulhport and Arta Schools WNker Tiusl. Mrs H Tabernerwas efflploy8d aB a schodsytharby tha SoulW8nd Area Schods work Trust until 31.1224. Theydo rKrtreteiv8 any person81 benefll. 41cl Café 1821 Ltd There is a a formal wÉtmeni batween the PCC 8nd Café fj821 Ltd. The Café afe requlred toconlribule £6,000 peryear together1th thier she of utililycosts. This Is shown Mlhill lelling income from premises see note 2ldl I£10,7171 The Cafe operatss lo fijtthw th8 Ch*taUe obiectlve$ and mis0n oflhe Church. Mr HUe. Mrs Elizabeth Lacey and MrJohn Seon are PCC m8mb¥s and tinue 88 Directorsofcalé 1821 Ltd. They do not receive any remuneration or fjn8noal bwefil lor beiw DireOr9. 41dl OTHER PAYMENTS TO RELATED PARTIES There were nooilw disclosa6trSrtsaCtIOnSwkn PCC membe, puwng do9dy¢ecIed wlh them or olherreloled partks.
Paw 20 Parochlal Church Council of Christ ChurGh. 5outhport Note5 to the financial statemènts Forlhoy9ar9Ddgd 31 Dot•mb4r2Q24 FfAED ASSETS Church Equlpmfynt Unrgslrfctgd Chureh Equlpmint Total Land & 51al TangNblg IIK8dass8ts GROSS BOOKVALUE Al 1 January 2024 DisposBb in ye81 Additiunsalto$i AI 31 DKemb8r2024 88.228 11.245 99.473 88.228 99,473 DEPRECIATION Al 1 Janu&ry2024 Charggforihèy9yr 87.58Q 216 7.250 1.000 94,830 DeweciAlton on d15wsa15 Al 31 December2024 NETgOtsKVALUE A131 Oecernber2024 432 2.995 3.427 At31 December2023 3,995 4.643 land aDd buildings Th•value ollh&oriuiMI hel wmplB¥4ndetsnsK)n hag beeniaken l0f FIxedAst6 See nth 1.4.2 bl In¥•61ments-lall qDd¢>y•TngD¢fundsl Allhe¢nd vf2023 the M WoodcockTru$lFund. spcly5)rIe woikolCMS, w4$ ¢a¥hEdin andlhe mies 10CMs Allh•end 012023 Ihpshor8s8nd ¢BF D8PD$ Fund hèldln the F E J¢ne8fundwere SO tho moDb51ianEfeii8d to abaThkaccountwlh IhèCCLA. Thac01yalu¢ remaln$ al £31,815HDdl$ sh(Mn as an investment Thè Wanceolthelund 1nreSt Èarnedwhk be y$edfor0vangEhc pvrplls&8. Thetew85 no chanye yedl Ihe yfrai.
Pagp 21 Parochial Church Councll of Chrlst Church, Southport Notes to the financial 5tatem&nts For the yeaTended 31 Decembèr 2024 CHURCH INSURANCE VALUATION The last QUqUenyal inSptiOn was underfaken in May 2022. Tha Church bulldings 8nd contents e insurod with tha Ecclèslasilcal Insurance OffKewilhin a105S Ilmll of £9.980.000. ANALYSIS OF NET ASSETS BY FUND UrrèStrlct¢d Funds Restrlcled Funds En¢owrneTht Funds 2024 rotsi 2023 Total Fed assets forchurch use Inveslmenl fixed assets CurrenlA5sels Current Liabilities.. AmnISfa11ty due In oney8ar 432 2,995 3,427 31.815 191.535 4.643 32,840 158,887 31.815 10.268 153.991 27,276 Fut)d balance 150.112 30.271 42,083 222,466 191.226 DEBTORS Unr8trkiid Funds Rggt¥l¢tsd FndS EndOwmgt Funds 2024 Total 2023 Totsi IfLCOtne Tax reco¥erabl8 Prepayments and Accru8d Inleresl Other D8bt((s 20,661 2.YJ9 2.781 25,681 4,489 25,1 2,733 2,781 30,664 28.497 2,284 1,320 32,101 494 494 LIABILITIES.. AMOUNTS FALLING PUE WITHIN I YEAR V61•d Funds Rg¥lrklgd Fvnd$ Endowmènt Fund 2024 Total 2023 Totsl Accru81s and DefÉrrÈd Inco 4.311 6,144
Page 22 Parochlal Church Council of Christ Church, Southport Not6s to the financial statements For the year endod 31 De¢&mbor 2024 10 VNRESTRICTED. DESIGNAYED FUNDS The cbslng balance of Unrestrlded Funds ¢omprised the folkn¥ving'. 2024 2023 General Fund Ministry Fund Cornmunily and Overseas Misslon Fabric Reserve 119.757 10.122 7,001 13.232 150 112 115,848 9.672 6,148 4,183 11 RESTRICTED FUNDS 2024 2023 The Closing balan of Restricted Fund8 comprised th& following.. Youth Ministry Fund Support foi Mission DonationslEquirm8nt 26.156 10.720 4.115 30,271 4,495 15,215 Includes suppoil for Angel Tree Prq8cl in Bolivia. 12 ENDOWMENTFUNDS Th8 closing balance of the Endowment Funds compYl$ed the folbwing.. FE Jones Missionary Account 2024 2023 42,083 42,083 40.160 40.160 The Fran¢es Emily Jones Missionary Fund was e81ablished under a deed dated 27 October 1958. The Income is lo be used for the PUrse of Evangelical mi¥sions.
Pag8 23 Parochial Church Council of Christ Church, Southport Notes to th& financial 8tatemeMIs Forthe yearended 31 Decembgr 2024 13 FUND DETAILS Th&acb¥iti?s Cluded in hDf FUtan&thè1prus Ildeficit) the yèaf are asfollows.. 2024 2023 SurplusllDoflclti Unrestrl¢i4d Gen6rsl accojni Communityartd O¥er$88s ¥£40n MinisiryA¢¢ouni Fab Reserve Legacy Fund 13,783 250 450 48 4.465 I,800) 29,835 R•strl¢¢ed Youlh Ministry Mission Gwing EqUinUD0naoS 15.43e -030 14.80e 1,26 3,01 Endowmfynt F E Jwe$ mIson8ry Fund Mary w0cock Twsl Thomas Henrycross Twsl Li IsundaysdI Twgi-Fab Clui¢hyard TNsi 1.923 1643 11.306} 167 28 Total