The Parochial Church Council of the Ecclesiastical Parish of Great Chesham Annual Report and Financial Statements Year ended 31 December 2024 Registered charity number 1129438
Great Chesham PCC- Annual Report and Financial Statements- Year ended 31 December 2024 The Parochial ChurGh Council of the Ecclesiastical Parish of Great Cheshan7, also known as Great Chesham PCC ('The PCC) ar& the trustees of a Church of England parish in and around the market town of Chesham in Buckinghamshire. The PCC present their annual report and financial statements for the year ended 37 December 2024. OUR OBJECTIVES AND ACTIVITIES The objectives of the PCC are defined by the Parochial Church Council (Powers) Measure 1956 as 'lo cooperate with the minister in promoting in the Parish the whole mission of the Church, pastoral, evangelislie, social and eeumenical,. Our alms and strategles to achleve them Our broad aims across the Parish of Great Chesham are lo be faithful disciples of Jesus Christ in Chesham and beyond, deepening the worshipping life of each of our districts. slrenglhening the faith and holiness of our members, helping individual Chrisli8ns lo live out their faith in their families, communities and places of work, taking a full part in the life of our town and sharing our faith, and taking care of the assets that we have inherited and for which we are responsible. We are seeking to tsckle, as every church has the duty lo do, the effects of human selfishness and greed on ourselves, OUT community and our nation. We believe that lasting chaThJe in our lives and mMUnItieS comes as people leam lo live as disciples of Jesus Christ. This is the work of the local Church. under God. We exist for His Glory and to Sorvo Others. Strategy is shaped by the PCC and implemented by the Parish Staff Team and individual District Church Councils IDCCSI. Our DCCS are entrusted with directing and maintaining the life of each of our district churche5 its worship and witness. We are often considering which activities are best done across the town and the team {eg. finance, buildings, weddings and funerals, some training. some aspe¢ls of youth work. Safeguarding Children and Vulnerable Adults) and which are best done at local, district level. The PCC sets the long lem aims and ofy'ectives for the churches across the Parish. The most specific way in which this is achieved is through decisions on staffing, and where to put staff resources and energies. The PCC has also been able to prowde extra funding for individual district churches where there is a need either through district income being lower than expected OT needed, or when there is a pressing financial need beyond the means of that one district. On the whole Iwilh exceplionsl each district is responsible for raising the funds necessary for their own staffing. DCCS h8ve the responsibility for setting, meeting and reviewing shorter term aims 8nd objeclives. The PCC considers le8m wde criteria such as finance, the health of our buildings, deployment of stsff members ané reviewing parish wide 8divilies. Individual Districts have the responsibility to review individual activities. programmes and schemes, as well as weekly and annual slatists'cs of membership and attendance. What we do to meet our aims The PCC and its sub-committees have met regularly through the year lo review. plan and refine the Great Chesham Team ministy. Each of our 5 districts 1st Mary's wth St. John's Bellingdon,. Emmanuel with Hope Church,. St.John'5 A$hlgy Green, St. George's, Tylers Hill, and Christ Church, Waterside) has their own programme of Sunday service5, special events, outreach services, and ways of serving the immediate community. Sunday SeNi¢es provide a shop window for visitors, a chance for church mefnbers to leam and worship together, but they are also 8 5pringbo8rd out into the wider community where all members of our churches are seeking to live out their Christian lives faithfully. The Parish Staff Team meets Nvice a week to plan. revlew, organize and pray for the lrfe of the Parish.
Great Chesham PCC- Annual Report and Financial Statements-year ended 31 December 2024 We have maintained an open and wèlcomlng attitude to the whole populatlon of Chesham, $eeklng to bring peace, gra¢e, love and comfort to those who are In negd or who approach us for help, support or adv1¢•. The PCC runs other specific programmes led by a variety of staff member5 and volunteers. Thi5 15 particularly Ihe cose in our work wrth young people111 181, for whom the is a separate programme ot activities that lake place on Tuesday and Friday evenings during lem) Ilme. Most of Ihe distric15 fun a variety of sm811 groups that are available lo church members so that they can meet durin9 the week, often al someone's house, to study the Bible together, get lo know each other better, pray for each olher and be 8 practical support and encouragement lo eaeh other. Indlvldual DCCS ar• ¢harg¢d wlth maklng sure that the pace and v•rl•ty of dlstrl¢t ¢hur¢h Ilf• is b•l•nc•d not too busyi not too empty. The PCC considers our range of mission partners an absolutely M181 part of wh81 we sland for and church members lake part in a wide mix of acllvifjes lo support and serve these mission partner5, With prayer and often pr8c1ic811y wlh visits 8nd help. The PCC makes gifts lo known and established Misslon Partners each year, as do individual DCCS, as part of our commilmenl lo thè wider church and God's Work across the world. Ive lIev• th•1 u$lng our 911ts to swv• God In th• loc•1 Church 1$ 4 k•y p•rt olbdng • Chrl$tl4n. The PCC. prgdominanlly through our 5 dlslricts. has oncoufaged Church members to be generous in their lime. nancial resources and the use of their skills. all lo further the mission of the local church, and we are extremely grateful lor and rellanl on a wide range ol our church members volunteedng their lime, energy, expertise and professlonal exporience. Th¢ vast majodty ol our activities could not lake pla¢e wilhoul the active engagement, involvement 8nd practical support ol volunteers of 811 agos. Tho PCC reeognisès our responsibility to galvanise, equip and encourage our members and we would never w8nl lo be in a situation where we werenl utterly reliant on their involvemenl 01811 lev618 of responsibility 8nd service. Volunteers lèad and help al almost everylhSng we do, wilh the exception of somè occasional services such as funerals that take place only al the erèmalorium. and staff commitments outside Chesham. Everything else - the running ol all services. 811 of our work with children, young people, the vulnerable. speclal occaslons, blble study groups, saNice groups for different klnds of people. our m8inlenance of buildings, our finances, our overall leadershlp we are ullerly reliant on our volunteer membership and we receivè 1000s ol hours each year, equiv8lenl to many paid stsff {and being Chri$lian8, we believe that this is how il should bell. Publlc beneflt As bVllll•m Tgmpl•, lomjor Archblshop ol Canterbury. once sald.. The church Is the only Instltutlon that •xlst$ prlmarlly for th• b•n•llt of thos• who •rn not Its membws.. The PCC have had regard lo the Charity CommissK)n's guidance on public benefit. Our activities aro accessible lo any and all people. We a150 ensure that wh81 we do does not benefit us as individuals bul the aims of the PCC as 8 whole. We include decl8ro1ion$ of ¢onfli¢t$ of interèst in our PCC meetings, and reportlng of all related party IransaGlions.
Great Chesham PCC- Annual Report and Financial Statements-year ended 31 December 2024 OUR ACHIEVEMENTS AND PERFORMANCE What went well in 2024 We are thankful for the staff pos15 that we have been able to fill in 2024, We welcomed John Goodman as our new Children's Minister and Charmaine Muir Assistant Minister (after the departure of Phil Nightingale lo be¢ome an army chaplainl both based at St Mary's as well as a new stipendiary curate Rob Peikins. We also retsined our non-slipendiary curate Jeremy Moodey after the completion of his ¢ur8Cy 811 of which has helped to strengthen ministry provision in the parish. As a parish we engaged with our local communities through chaplaincies, services in nursing homes and visits to Ioc81 schools. We also engaged in town faith surveys, the local schools camiv81, Christmas in Chesham, the Mayor's inaugural service and Town Carol Service. Throughout the year our churches were provided toddler grotjps, messy church, pop up after school cafes, summer teas, pancake parties, senior's lunches and coffee momings which were well supported by their local communities. Four of our seven churches provided regular Sunday School groups and the remaining three provided Bible reSoUrS for children to enjoy when present. In August we had over 80 primary aged children attend our four day Holiday Club based on a Jungle theme. After the difficulties of the pandemic, 2023 saw relationships with local schools being rebuilt with opportunities lo lead assemblies, tske classes and welcome them into our churches for carol services. It was a delight lo see the whole of Chillem Hills Academy, our local Church of England Secondary School. some 1400 pupils, attend church for their carol concerts for the second year in a row. Those in need were helped through our Christians Against Povety project led by lan Maxwell. Chillem Foodbank, Chesham Community Fridge and Restore Hope continued lo be sUPPOrted by a host of volunteers 8S the cost ol living crisis contsnued to affect many in our town and villages. Small Group discipleship took place across the parish throughout the year. Weekly youth activities and discipleship groups took place throughout the year with numbers growing al the fortnighlly Friday Night Youth evenings. Many of our members are involved in active service of the wider community.. as school govemors, through Chillem Foodbank and Christians against Povety, in our Paslofal Care teams working with the elderly, vulnerable and housebound. What could have been better in 2024 We were sadly not able to move fornard w¢lh the appointment of a new Families Minister for Emmanuel Church which placed extra pressure on the existing team. Debate surrounding the introduction of Prayers of Love and Faith for same sex couples contsnued lo take up considerable PCC lime. Some members have chosen to suspend their regular giving which ha5 had an irnpacl on our finances. Numbers for some of our seven churches have not yel returned to pre Covid levels with our Electoral Roll figure have reducing from 637 in 2023 10 620 in 2024. OUR FINANCIAL REVIEW Overview In 2024 Great Ch•sham PCC contlnued to b8 blossed financlally. a sltuatlon ffor whl¢h we owe hugo grati¢ud• to God, and also to our parishioners. who give genemusly and sa¢rifi¢ially to fund the work of ourLord here in Chesham and fvrther afleld. The Statement of Financial Activities for 2024 shows a deficit of £52k12023.' surplus of £175kl with the variance du8 primarily to an increase in expenditure. This is as expected due to addition81 repair wod( requlred and additional grants made in the year.
Great Chesham PCC- Annual Report and Financial Statements-year ended 31 December 2024 Income W• must pralse the Lord for tho Chri$t46ntrwl 9enornsity of th• members of our churches. The PCC raises its income in a number of ways. The most imp)rtant is to encourage church members lo see financial support of their Ioc81 church as an important and sacrificial part of their overall Christian discipleship. These voluntary donations from parishI¢erS account for £887k, 92./9 of all income 12023.. £909k. 940/0 of all incornel. Our congfegalions benefit from the talents of Ihe members of the staff team. who afe resourcing Ihe parish substsntialty, which is a great encouragement lo chufch members to give to maintsin the mission ol the churches. Over811 income is consistent the prnr year a reducti in donations bwng offset ty an increase in investment income. Our heartfeh thanks go to all th• donors In •ll the Chuh•s. Expendlture Totsl expendilure in 2024 was £187k more than 2023. Thr5 was primarity due to the work of the ehurches increasing by £104k with the largest element being a £73k irKrease in repair costs on the various properties 8nd • £34k increase in staff co$15 a5 0 rèsult of 8 full complement of staft during the year. There was also a £83k Sncrease in grants paid of which the largest increase was £67k donated lo the Oxford Good Stewards Trust lol which £51k was hekl in a designated fund from the year}. W• •r• th•nkfvl to b• In a posltlon to b• •bh ts m••e this •xp•ndlturn to f•cllltat• ourml$•n. Reserve5 policy The PCC h8s unrestricted reserves of £1.121k12023'. £1.144kl in th8 genèral fund and sundry desi9nal8d funds which represents Sixteen months of total 2024 unreslricled expendtture {2023.' enty monlhsl. This is more tha months of reserves judged by the PCC to be needed lo ensure that 811 the churches in the Parlsh team C8n be financially supported. As a result thwe is • defi¢it bud901 for 2025 and dlscusslons are ongolryj about how best lo use these extra reserves. There are reslrfcled reserves 01 £341k12023: £342k}, tyftal lunds of £1.219k {2023'. £1.248kl relaling lo tangible fixed as5els and other designated funds of £502k12023.' £475kl. see note 11 for details of them. Th• l•v•l of rnswv•s hdd by th• PCC •nd th• Indlvldu•l ¢hur¢h•¥ ljs • bl•ulng •nabl•¥ eonfldent plmnlng by th• PCC of ww to lurth•r th• Lord's kln9d¢n In to th• luivr•. Investment pollcy and performance Money not needed in the immediate fulure 1$ generally kept in hh intttest bank a¢¢ounts. fixed lem deposlls and $lo¢k$ and Shares. These are primarity hdd in CCLA in Mler to eam as COMtive a retum as possible. The PCC holds a number of investrnenls in stocks and Sha$. origin81ty donated by parishioners. The PCC has also invested in Ihe CBF Church of Eng18nd Funds, which invests in ethically sound fvnds. At the end of 2024, Ihese investmènts overall showed a gain in Ihe year of £29,03412023: gain of £67.6981. This increase in value of 0.1tyh is better than the FT All Share Irhjex. wknich ShO*d an in¢ase o15.6Vo compared lo 2023. It is not currently anli¢ipaled that the pital value of these investments Mll be needed in the immediate future, and so Ihese investments will be left in place at the current time, in the ants"upalion that they will gain in value over the medium lemi. The PCC has made Th) XKbal investrnents. Grants 11 is the policy of the PCC that 81 least IOOA of unrestricted monies received is given lo mission andlor charitable cause5. In 2024 22%12023.. 160AI of unre51ricted in(>)me was expended as gr8nt5. These don•tlons hp dlr8clly to ffurthor tIM of t>ur L¢>rtl In thls Mjrfd. and ft Is a Joy that arn able to do thls.
Great Chesham PCC- Annual Report and Financial Statements-year ended 31 December 2024 Fundraising Policy The PCC engaged in fundrai%ng, in the fomi of receiving free-wll offeringsldonations. some of which were gift- aided, from members of our fellowship. However, we did not contract the Servi of any professional fvndraisers as defined by section 58 of the Charities Act 1992. Othei than publidy inwting an offering al services, we do not engage in persistent fundraising or intrusive furvjraising practices with any of our dOrr$, including vulnerable people, and we never have private or coercive dISl$s1On$ indmduals about their giving. Our fundraising practices are ethical and in accOrdae wth &"blical princwles. No MplaInts were received about our fundraising practices. Going Concern The PCC considers that the cIrcumstar are such that adequate resources wntinue lo be 8vai18ble to fund the activities for the foreseeab future. The PCC members are ol the view th81 Great Chesham PCC is a going OUR PLANS FOR THE FUTURE What is planned In 2025 w• plan and hope that.. - we will be able to appoint a Partsh Operations Manager arKI a Families Minister for Emmanuel Church - the PCC wll continue to SUPKM)rt the mission and ministy of e8ch of its 5 districts and seven churches - we will be, as a result, blessed more disciples of Jesus Christ across our churches - we will be ab lo strengthen our tr8ining pyovision for the memtrms of our churches Possible challenges The PCG Is mindlul of.. - the impact on the parish and parish ffinances of orvjoing debafrs at General Synod regarding Prayers of Love and Faith - the continued effect of inllation and increased energy bills on indrvidual church members and the people of Chesham generally and the potential of reducEd giving in the year ahead OUR STRucfuRE GOVERNANCE ANO MANAGEMENT Organisational structure The Parish ol Great Che5h8m is 8 Team Ministy consisling of 5 Oistricts aTrJ 7 Churches - St Mary's Sl John's Bellingdon,. Christ Church. WateNde- St George'5. Tylers Hill: Emmanuel wth Hope Church., and Sl John the Evangelist. Ashky Green. Thé Parochial Church Counal of the Ecdesiastical Parish of Grèat Chèsh8m (The PCCI has Oversht of the whole Parish. The PCC is a corporate body established by the Church of England. The PCC opefates under the Parochial Church Council Powers Measure 1956. The PCC is a gIste Charity {number 11294381 with the Charity Commission. PCC members, who are the trustees Members of the PCC a erther ex-officio, cwpted or elected by the Annual P8fCthial Church MeeliThJ {APCMI in accordance wlh the Church Representation Rule5 after nominatM)n by the five Annual District Church Meetsngs IADCMSI, as 18id down in the Parish Scheme, arKI ralified by Ihe APCM.
Great Chesham PCC- Annual Report and Financial Statements- Year ended 31 December 2024 The are 2 P8rish Wardens. Each District elects 2 th'strict Wardens, al least one of these sils on the PCC. Each District elects 8 representative on the Deanery Syn(MY, Mlh the Distn'ct of St Mary's & St John's 8ellingdon electing a second repre5en181ive. and there are 3 other Deanery Synod representatives who 8re elected from the Parish as 8 whole. BeseS Ihe District Warden repSenlIveS and the Deanery Synod representatives on the PCC. Sl Mary's has 2 other members and 1 representstive for St John's 8ellingdon'. Christ Church. Sl George's and Ernmanuel and Sl John's Ashley Green have 2 each. The PCC endeavours lo ensure that rthy member5 are aw3re of the natu of tsIr spOnsIbl1111e$, and assistance is available from the churchwardens when needed. Training can be prowded as necessary for members of the PCC to enable them to crry out their role effectivety. During the year the followng seNed as membets of the PCC: Clorgy Rev Canon E(hvard 80s-SMilb Rev Darren Dalton Rev David Hyndman Rev Edward Millais Rev Jeremy Moodey (SSMI Rev Ch8m8ine Muif lfrom November 20241 Rev Phil Nightingale (to September 2024) Rev Rob Perkins Ifrom September 20241 Rev Dr Tim Yatss ISSMI EIKt•d momb•rn Lynelle 8ishop {from May 2024} Malcolm Bonn Ruth Brown Lisbelh Camen Chris Clarke Maiitine Davies Chris Emblelon4mith &'mcn Evans Gillian Gl¢nister (to May 20241 Graham Green Richard Harrfall John Mayne 8emard Patterson {from May 20241 M8rkn"n Paxton Ilo May 20241 Martin Phillips Daniel Reilty Ilo February 20241 Julie Rennard (from May 20241 Devangson Robert Hazel Rymer John Spene Sarah Taskef Geoff Tolcher Ito May 20241 James Tumer (from May 20241 Matthew While Llc•n••d L•y Mlnl*t•r Geoff Houston Parl•h Ward•n• Petgr Himillon Sarah Williams G•n•rnl Syn¢xl m•mb•r4 Canon Julie Dziegiel Rev Jeremy Moodey Dloc••an Synod m•mb•r• Michad Hardman (to DeCemr 2024) D•an•ry Synod m•rnb•rn Chris Embleton Smith Margaret Gingell lan Hamilton jacqu Hardman Michael Hardman Ilo December 2024) Andrew Pattergon Hilary Povey Jacqueline Rose Don Sanderson Co opt•d m•mb•r Henry Devereux DavKI Green Rachel Meldrum In addition lo the contribution by PCC members. as is common with other chwches. the work of this Parish rAJuld not be carried out withoLrt the ern)mious contribution by members of the Parish giving unstintingly of their time, tslenis and money.
Great Chesham PCC- Annual Report and Financial Statements- Year ended 31 December 2024 Responsibilities of members of the PCC in relation to the financial statements The law applicable lo charith.es in Eng18nd and Wa$ requires the trustees to ppare financial statements lor each financial year, which give a tnJe and fair view ol the charity's financial aclivities during the year and of ils financial position al the end of the year. In preparing these fina01 slalements, the hAembers of the PCC are reouired to.. select suitable aecounling polie$ and then apply them consislenty, observe the methods and principles in Ihe Challties SORP.. make judgemen15 and estimates that are reasonable and prudent". stale whether applicable UK accounting standards have been followed. sutfj'ect to any malerial departvres disclosed and explained in the financk41 ststements, and prepare the financial statemènts on a wng concem basis unless il is inappwiale lo presume that Iho PCC wll continue in operation. Members of the PCC are responsible for keeping accountin9 records, that are sufficient to show and exp18in the PCC'$ Iransa¢lion$ and disdose wth reasonab accuracy at any time the financial position of the PCC and enable them lo ensure that the finanu81 st81emenls comply with ts Church Accounting Regulations 1997 as amended by the Church Accounting IAmendmenl} Regulations 2006. th8 Charities Act 2011 and the Charitses Stalemenl of Recommended Praclice. PCC are also respon9b for safeguarding ihelr assets hence for tsking re8sonable steps for the prevention and detecb'on of fraud and other irregularityes. Committees The PCC meets regularty bul also operates through a number of committees and Ihrough *rkIng paths fomied as necessary. Tho committees are- St4ndlng ¢ommlrt•• Team Rector, Parish Wardens. Parish Treasurer, Team Vtars. Diknl Wardtsn ISI Mary's) & Parish Safeguarding officer. Flnanc• comm5ti Tgam Rector, Parish Treasurer, District Treasurers, Chaimian of Parish Buildings Committee 9j a P8rish Warden. e(See$ budgets, expenditure issues and accounting procedures. Parllh buSldlng• commltt Chairman - buildings manager, Parish Treasw, 1 warden and 1 representslive frryn- St John'$ Ashley Green. Emmanuel, Si Mary's, St George's, Christ Church. St John's Bellirvjdcffl and Hope Church. Oversees repalr 8fKI maintenance of Chur¢h biuldings. Key management personnel The PCC deleg81es the day-ldaY monagemenl of th8 parish to the f10n9 people.. Th• T•am R•ctor Rev Canon Ethvard 8owes-Smilh Tg•m Vlcarn Rev Darren Dalton Rev Edward Millais Locally Supported Mlnlstry Posts (L$) Rev Dav Hyndman Rev Phil Nightingale Ito September 20241 Rev Chamiaine Muir (from November 20241 Self Supportlng Mlnlstsrs ISSMS) Rev Jeremy Moodey Rev Tim Yales
Great Chesham PCC- Annual Report and Financial Statements-year ended 31 December 2024 Parish Wardon$ Peter Hamilton Sarah Williams Parlsh Tr•asurnr David Green The Team RectLY and Team Vbcars re1ve a stipend and housing from Oxlord Diocese and the LSPS receive a stipend from the Oxford Diocese and housing from the PCC. The other key management personnel are unremuneraled volunteers. 1 are mernbers ol the PCC. Detsils of expenses and related paty transactions garding all PCC members are set out in note 2 to the financial slatement5. Staff Team The staff team includes the Clergy and the fdlowng people WIKJ ¥e employed by the PCC: Rev John Goodman- Children's worker lfrom January 2024) Andrew Patterson- Minister for Evangelism, Emmanuel church Lynette Price- Parish Administrator John Spence- Youth worker The extende¢J staff team indudes retir&J clergy and LKen¢ed Lay Ministers who offer tsir Serv8$ vduntsrily. for which the parish is extremely gratefvl. Risk management The PCC reviewed the Risk Management Action Plan. whth identifies major risks and establishes systems lo mitigate them. The major risks HJenttfied are.. Disunity caused by the Church of England's LNing in Love and F•th pr8$$ Prayerfessnes5- risk m8nage(J by regular Kmayer meetings of stsff arnl thurch members Abuse of children %thile enpjed in thurch led acbwties- risk m8naged by DBS checks for everyone invofved in any way and training of all leaders Health and safety andlor fire safety regulation breaches- rtsk m8nag&J by dtscussion al regular meetings of the buildings committee Other risks are managed by meetings, training, muiual supwt, succession planniNJ. intemal controls and insurance ver.
Great Chesham PCC- Annual Report and Financial Statements-year ended 31 December 2024 OUR REFERENCE AND ADMINISTRATIVE DETAILS Incumbent. Chief executive The Team Reelor, Rev Canon Edward Bowes-smilh Correspondence address The PCC Secretsry The Parish Office The Rectory Church Street Chesham Buckinghamshire HP5 1HY Bankers CAF Bank 25 Kings Hlll Ave lfjngs Hill Wesl Mallirvj ME19 4JQ Independent Examlner Miri8m Hickson CTA FCA JCS Aecountanls Ltd 5 Robin Hood Lane Sutton Surrey SM1 2SW Legal Advlsors Edward Connor Solicitors 10 Thè Point Market Harborough LE16 7QU 'Therefore go and make disciples of all nations, b8Ptizing them in the name of the Father 8nd of the Son and of the Holy Spirit, and teaching them to obey everything I have commanded you. And surely l am wtih you always, to the very end of the age., Matthew 28, v19 & 20, NIV This port was prepared in 8ccordance wittb the Charities Slalemenl of Recommended Pwtice FRS 102. Approved by the Pafochial Church Council ol the Ecclesiastic31 P8rish ol G81 Chesham on I q 74zs and signed on their behaw by Rev Canon Edward 8owes-Smith Team Rector David Green Troo$ur•r
Great Chesham PCC- Annual Report and Financial Statements-year ended 31 December 2024 Independent examiner's report to the trustees of Great Chesharn Parochial Church Council l report to the charity trustees on my examination of the aonts of the Great Chesham Parochial Church Council Ilhe Church) for the year ended 31 December 2024 sel out on pages 11 to 25. ResponsIbiliti and basis of report As the charity's trustees you are resF(Jnsible for ihe preparation of the accounts in accordance wth the requirements of the Charities Act 2011 (the Act,). I repx)rt in respect of my examination of the TnTrst's accounts as carried out under seCtn 145 of the Act and in carying out my examin8ti0ft I have folloEd all Ihe applicable Direclions given by the Charity Commission under section 145(5Mbl of the Act. Indopendont examlnerfs statement Since the Church's gross income exceeded £2SO.OCK) your examiner must be a member of a body listed in section 145 of the 2011 Act. I confimi that l am qualffied to undertake the examination because l am a member of the Institute of Chartered Accountsnls in England and Waks. is one of Ihe listed bod$. I have complete(1 my examination. l eL)nfim that no matters have come to my attention in cOnnlI0n wth the examination giving me c8use to believe that in any material respecL accounting records were not kept in respect of the Church as required by seGtion 130 of the AGI: or the 8e£ounts do not accord with those reQd$. or the accounts (k) not wnply the applicable requirements conceming the forrn and content of accounts sel out in the Ch8ritie5 (Accounts an¢J Report) Regu18tions 21K)8 other than any requirement thal the aOnts give a Irue and fair vièw, is Th)t a matter considered as part of an independent ex8minalion- or Ihe acccHJnts have not been prepartrj in 8c£ordarK Wth the methods aThJ ncIpleS of Accounting and Reporting by Charities: Statement ol Recommended Practi(* applicable to charities preparing their accounts in accordance wilh Ihe Financial Reportrng Standard applicable in the UK and the Rewblic of Ireland IFRS 102) I have no concems have come across no other matters in c4)nnection wth Ihe examination to which attention should be drawn in this rewt in order to enable a proFer understanding of the accounts to be reathed. Miriam Hickson CTA FCA JCS Accountsnts Ltd 5 Robin Hood Lane Sutton Surrey SM1 2SW Date.. £13120ts io
Great Che5ham PCC- Annual Report and Financial Statements- Year ended 31 December 2024 li
Great Chesham PCC- Annual Report and Financial Statements- Year ended 31 December 2024 Parochial Church Coun¢ll of the Eccleslastlcal Parish of Great Chesham Balance sheet at 31 December 2024 2024 2023 Not• Flxed assets TaTrJlbb fiyfjd assets ¥$lmentass8ts 71•1 71bl 1.220.018 1,249,361 430,233 534,609 1.650.251 1.783,970 Curront as8•ts Sk Debtors Cash 8t bank 8fKI in Por 1,655 142.202 1,017,392 242 154,034 928,188 1.161.249 1.082.464 Curront Ilabllltl•8 Liabilib'es.. Arnurts falllrJ withln onè ar 10 131,0751 134.3501 131,0751 134.3501 N•t curr•nt ••••t• 1,130,174 1,048,114 DefId benefit peroion S¢m Ilablllty Not a¥•t• 2.780,425 2,832,084 Fund• Urre$trirtod- Gèrrnl fuyl Urnesfficted. sUrryd8S5grffjted fLnJs UrYestrided- De3igrotod fd IreLgtirg to tsryibkg fiy4d 8B8etsl Re$tr"cted ETrJowmert 618.545 668.592 501.962 475.492 1,219,065 1.248,050 341.134 342.462 99,719 97,488 11 11 11 2,780.425 2.832.064 These fina81 statements re appro%d bythe Parothlal Chu¢h COU11 , are signed on tsirbeh8Wby. uth)nsl0rISs0n lfl Zois Rev Camn Edvrarrj 805mIlh IRg¢)fl Damd Green (Tr[rI 12
Great Chesham PCC- Annual Report and Financial Statements- Year ended 31 December 2024 Parochial Church Council of the Ecclesiastical Parish of Great Chesham Cash Flow Statement For the year ended 31st December 2024 2024 2023 N•t ush lu3gd Inllfrom opèratlng actlvltl 183.4971 131,002 Clsh flo from Inv•8tlng 4ctfvltl Dimdends interest and rent fr¢Jn in*strnents Proceeds from the sak of Tangibk8 fi>pd assets Fixpd asset In$trnts Purchase of Tangibk? fId a88ets for the use of Ihe PCC Fixed asset inlestsnents Not ca8h fronVlui•d Inl Inv••tlng actfvlil•• 41.407 16,328 133.410 176.714 12,1161 5,134 172,701 187,908 Ch•ng& In ca•h and cuh •qul¥alont• In th• r•portlng p•rlod 89,204 318,910 Cash and cash equivabnts 411 January 928,188 609,278 Cash and cash eqUints al 31 De¢enl)er 1,017,392 928.188 R•conclllatk+n of net Incomo b•for• Inv••tm•nt g•ln• Net lenditure>ll¢on Èefore inSt[nI g8in8 31 Decerrljer 180,6931 107,843 AdjUSnts for.. Surplus on sak of fi>td assets Depreciab'on charges DiMdend$, interest and rent from invastnwnts ncreaselldecreasel in debtors (Deereasellincrease in cieditor8 Increase in sbck 31,458 141,4071 11,832 13,2741 11,4131 39,318 116,3281 15,2521 S,623 Net cash lus•d Sn>lprovkl•d by op•ratlng acthstkn• 83,497 131,002 Anaty8lB of cash and cash wulvalfrnts Cash al bank ¥nd in hand Notice deposits Ikss than three mnthsl 1,017,392 928,188 1,017,392 928,188 13
Great Chesham PCC- Annual Report and Financial Statements-year ended 31 December 2024
Notes to the financial statements for the year ended 31 December 2024
l. Accounting policies
a. Ba$ls of pr•paration
The financial statements have been prepared urnler the Church Attounbng Rg3uiatims 2[ and in acu&rdancÈ with the
Charities Statement of ReCoMmet (Charities SORPI. appltstAe ac(xkunbNJ stsndard FRS 102 and tt)e Chanties
Act 2011. The finanri81 statements ar¢ dravm up on the hst(ital (x61 basts of )unj, a5 modrfd by ihe r8valLtatK)n of
inv8Stments. Vch are shown at market dIUe.
Gt Chesham PCC rneets the definitKn of a put4ic tse tity under FRS 102.
The financia statements a Kwar&Y in slertir. thg fundi1 of the PCC. Monetary amounts In thesa
rinancial statements are rounded to the nearest t.
b. Fund$
General funds represent the lunds of PCC Ihat e 1 subieca to any tOn5 r9jardi thwr use and available for
applicati()n on tha general purposes ofthe PCC. Fund5 desb3n8W for a ParfKyJL¥ puw by Ihe PCC a akn un$trad.
The finanrial Stalents indude all transactKB. asets * lilitie5 for the PCC is re5wnsib18 in Lw. They (b not
indude the fin¢181 strtements of chureh gn)Lry)s that their maTri aThilan kn arothw toty nor those that are infonn81
gathen'ngs of Churth mambers.
Th9re ar8 also en¢Mnert and restricted fund5. detwls of Ihe BaarKe Sh8et and in notè 11.
c. In¢om• and gndMnents
l inc(ne is rwnised oni% the PCC has en11tnI to the incl. rt is wobable that the inc4yne wll be and Ihe
amount of income r8cebvable be rdrdbty Measu.
Grfts in kt'nd are valued at gstimal1 open mket Walue at the date of the gfft in the case of assets for ention or
)rUmp)n. or at the value to the PCC in c&sè ol th)nated SeThI or f1rt. The b.me th)nated by general volunteers
is KJI rwx¥Jnised in Ihe finwKi81 ststhents trt lhr signknt contribulion is t11soJss in the trustees rew.
d. Expenditure
Expenditur8 is TnISed or4 Ihare k% a legal or construcaSve oblfvjthn to make a payment to a Ihird paty. it is prObae Ihat
settlement will be requir and the anwl of the oblvJalKJn be measured rdk8bty. Expendr(ure is lSUnted to present
value for loroer terrn liabilitEs. All expen
Great Chesham PCC- Annual Report and Financial Statements-year ended 31 December 2024 Notes to the financial statements for the year ended 31 Docember 2024 EXpdItUre on'CharrtabSe Grants. IvdeS gfants 9i¥en to rn)n partn$ Ihese we detsised in mte 5b. Expenditur on 'Chai1b aciivibes- Work ol Ihe church. wdeS the cosi of acbvi[ undertaken to further th8 purposes of the PCC and their assoaated SUPFQrt costs, and these detailed in Th)le k. The parish Share is arxx)unted for when payable. Any share unpaid lor overpaidl al 31 De(8nber is provNYed for in these finanoal statements as an operational {though not a all liability lor wepaymentl and is as a craditorlor dèbtor} Fn Ihe Bakncè Sh88t. Other expendrture represents tkwe ite rKJt lallirwJ under any othw heading. All ex$$, indu(Jing support and governance (xjsts. are alk)cated or appxjrtioned to the ape hèadNig in the SOFA. Supwrt (Y)5ts are those fun(On$ that assist the work ol the PCC but do Th)t dir• underte tharitsbk activitw. Support o)sts indude office o)sts. financs, personnd, payroll and govemarKe ajsls whKth SUFX)ri the PCC'5 lIvIeS. Governar (Yjsts rompfise all )Sts invdvirlg the public xo)untabilty of the PCC rts Corn1e wulation and indudiw the thst of the annual audit. Supwjrt u>sts, induding ¥&ManCe costs. al¢ to'chantable aCbwDes- Work oflhe church.. •. Tangiblè fixed a$s•ts and d•preciallon Con88crai8d land and buildTrngs and movabl• church fumi¥hings. Consecrated and beneficed property of any nd ts exdudgl from the finanDd Stat)ents by s.1012Kc) of the tharitiès Ad 2011. Movablè church fumtshings hdd by the VKar and ChUrchwKderts on swal trust fo( the PCC and wuire a lacuty lor disrK>sal a &(ounted as Inlenable propwty ronswxated. They listed in the churr's Inventory. which can be insMe(l For inalnable propety wuired prior to 20CI) there insUffient u)st nfoTmatk)n 8V8i18ble,' thgrefore, such movable churth fumishirJs held by the Vrar and are valued in the ststements. Iterrts acquired since 1 January 2000 have been caprtalised and depwated in the financjal statanents over Iheir tUrntlY an.pated useful e(£)rm lrfe linarty over five to years, 85 8ppropriate to the rternl on a Strajh141r baws. All expenditure Inrred in Ihe year on r6tl or benefi(1 bJikIi. indivKJual iterrffj under £5,(OJ or on the rep8ir of Mov&ab thurth fumishiffjs tel0 1 January 2(XYJ is wnitten off. Other freehold land and buildings Freehold land and buildirwJs that are not ()e(YatJ benefwj woperty we valued at ctjst. DepatIon is charged on bulhylngs on a siral3ht41r basts over yeaTr. Lea8el)old Invrovennt$ Leaseho irnprovements are valwl at rA)st. th8r¥J1 a straght4inè basts ovar I ranainlwJ pariod of tha lease. Oth•rllxtur•8. ffttlnqs and wUlpnt All assets eostirKJ than £5.(KN) are capitatiwl assets are walwl at histor LSXI. D8ClatiOn is d)argad on such assets on a straigM4ine basts over the estimated useful lrfecl 5 and 20 yews. f. Investments Invèstments compiise of stcKk and Sha and lern t)ank ets are Stat at market value at the year end. The statement of finanaal activ85 indud Ihe rt gains aThJ kssses arising on walua¢KJn and distwls throu9hoLrt the year. 9. Gains and loss on Investments All gains and kws are laken to the stat&nent of t"e$ as ty arise. RealBed 98iTh6 C losses on investrnnts are calculated as the drffer8nc8 ttheen Sa K¥ceets and opening maTket value (purchase cost rf later). Unr8alisl gains and h)sses a (ahwL8ted as the drfterenix behveen the mket value at the year-d and opening market value lor pur¢h8sé Q)5t, rf later). Realised and unrealts&Y gains or b)sses are Separat in statement of fina)ual &tivib"es. h. Curr•nt ass•ts Stocks d books for res a valwl ai the bJErof cost net realiSe vahR. Debtors- Grants rwivaJle 8nd other debtors are 1ndLwl at the selllement aTrnt dve. less prov1 for amwnts that may provè unctJllac1abk. Prayrnents valued at lh8 pr8pl. Cash at bank and in hand - Cash a¢ bank and in hand indudes cash and short tem highly lioui¢ investments wth a short maturity of 95 days or W. Short-¢ern) destts indud8 cash held on thervlth Ihe CBF Church of Eroland Funds or al the ba1. 15
Great Chesham PCC- Annual Report and Financial Statements-year ended 31 December 2024 Notes to the financial statements for the year ended 31 December 2024 Creditor5 and provisions - credito and proVisK5 a rttcw)nLsed where the PCC has 8 present ¢)blwJatK)n aring frorn a past e¥t that will probatAy resutt In Ihe transfer of fvnds to 8 third party and the amunl due to Sett the oblyatKJn can be mèasured or estimated rdiabty. Creditots F¥1$1)ns we recryniwl at Ihgir seitknent arnnI. Basi¢ finarKial instrurnents - The PCC onty has fina81 assets and Ilthlrt d a kn'nd thal qualfy as basic financial instrumt$. Ba.¢ instrumws We In"alty measur&J at trsac1)n v¥h ond subwu•nity mèagurad al thelr Settrnent valuè. l. Golng ¢oncern Al the time of approwrg the financial ststemenls. the PCC members havo • rèasona 8xpn that tha PCC has Jequate resources to conbnts8 in Opwatnl gxistgnc8 for th• for8sae lutufe. Thus the PCC membgrs rn1nue to 8dopt tho goiw concern basis of ac(x)untyng in prepariNJ the finaal staternts. 2. Related party transactlons and trustees remuneratlon The Rèctor and team wcars. as Off in the Churth of EroLqThJ. 8 StInd by Oxlord De and provided )usirKJ by Oxford Lhocw and LSPS afy papj a stipwnd by Oxford and housiThJ by the PCC. In additN)n the I1VIng members of Iho PCC & th•'r rdat•J partw Ived sakwies arKI 19gS b)tsling £74.¥2112023.. £68.6771'. A P8tt•r8on J spe £46,94212023.. É43.274) £27,97912023." £25.403) In addIrt. J Spance was provi(led th howirg by the PCC and ponsK)n ct)nlnbutth)s of £3.59112023'. £3.JJ61. A Patterson W89 prwded wlh pension c4)thbulh)ns of £S.4(2023.' £5.1051 and C Muir R Perkn'ns providwj with housing by tho PCC. Tw¢nty Four12023.. EYJht••nl MOM18 of ts PCC 8 their relatwj p•rti¢s •xp8nsts for lrnvel, t¥)spltallty, Irwning costs and sundry disbursements rd8b'ThJ lo thwr th for Iho PCC. totaliThJ £29,304 12023.. £23.9251. Th8rfr were further one12023.. On¢) m¢mber ol PCC & Ihoir r•lat8d partS were pwd fent lotalliThJ £19,50012023.. £19,500) lor hOUn9 lor $ff. Swen grants were made to a rd8t•d party tolathng £32.02712023.. 1fv• 9rants tolaliro £28.1801 In rnspxt ol rnthary work. Don8llc4)s re r8cth•d from memberB rrf ihe PCC WKI thw rel•t•J pottss th• ar totallng £126,429 12023., £150.4921, There * • loro t•m) of £1CQ,CQO m1• to Hill Tnmt la tharity t•Ath comrrrfjn trusteeB} on whbth intere81 LA tha1 at 3%. The 15 UnBWJJ Bnd repayat4e 310ocwbor 2026. 3. Penslon Church Workgrty Pon•ion Fund ICWPF) Greal Chesham PCC participates in thg PensK)n &Jik1w St 8•ckn of CWPF lor L9y Stalf. CWPF Is adrnSnlered by the Church of Ersland PgnsDns Board, wtK Ihe CWPF a5s•ts Patety from those of Emplwr ?d oth•r partiCapati emp)yers. CWPF has sectiorts.. the Defined 88n8frts Sth• the Pery8n Builder sthe. whKh has Sub5e(#s,. a d8lerr8d annurty sa)n kn(F•m as Pension Buihjtr C¢ass"q d. 16
Great Chesham PCC- Annual Report and Financial Statements-year ended 31 December 2024 Notes to the financial statements for the year ended 31 December 2024 Pension Buildtr stM& Both sections of the Pension &Jith Seth cjassed as defffted benefit schemes. P8nsA)n BtAtlder Clas&c provides a pern5. xoJmulated frwn contriixJtK)As pavj nverted into a deferreij annuty during ernployrnent based on terrns sel and revi%d by the Church of ETrJland PS)n$ EoaNJ frDm tirne lo tirn8. Discrets'onary increases may also be added. depeIl[¥J on investment returns and other f¥Ltor5. Pgnsw BtArlder2014 i5 a cash bakrfe sdme that provKles a knmp s whth m&nbets use to pNJ¥ide benefrt5 at retirement. Pension conlributKJns are rrdj in an acUnt for each meth. scretiOnary IM)nus8S rnay b& ad before retirernenl, depending on investrnent retums aThJ other factors. The unt. plL&8 any tKnuses dedad is payable, unroduc. from aje &5. The schemè is coT& to be a rnuMimpbyer scheme as des in Seclion 28 of FRS 102. This B b8cause it is )t possible lo attribute the 8uil¢Jer Scheme's assets and liabt"irtes lo ph)yerS means that IntributIOnS are account1 for as rf the Scheme WWB a defined ¢oniributK)n scheme. The pe$ costs tharged to the SOFA in the year are the eJMtribulv)ns payable {2024.. £15,681. 20rJ.' £14.1171. A valvatk)n ofthe P8nsion Buikl•r Sc6m& is cam&J cwJl evwy threeyews. The most Ient ValUaD was crtrt as at 31 Dber 2022. For thè PanSn Buikler class secthn. ts vakIat revd 8 suryAus rA£34.&n on th8 oroDing a55UrnPtths uwj. At thè [7$t recent annual revEw effective 1 Jarwary 225. the Board those lo grant a dis(xetKJnary bonus of 6.7% to both pension5 not yet in payment and per6ions in paymenl in res of serVe wior to April 1997". and a bonus on pensN)ns in payment In respect ol post April 20[ service so that the pertsion inuease Wds 2.7% Ihtherè LAsualty it I)Uld be calculated based on inflabon up to 2.5%). This folkhved imwovements in the lundwjg over 2024. There s no reQuiremt for d8fvt payments at the wrrenl tirne. The ntxl valuatw)n L8 due as at 31 ()enl 2025. For thè P8nsion Buihler 2014 sedim the vduatw reve*1 8 suryAus of£8.5m ION1j asSuMptS used. There Is no requirement fof deft pents at thè (JJnw)t Iwne. The legal slrudvre ofthe 5th8m8 15 suth Ihat if ar1her [1&"L8. Gmi Cheshwn PCC {UkI re5wnsible ¢or paying a share of the fal empioyeff5 per6ion Ii8Nrties. 17
Great Chesham PCC- Annual Report and Financial Statements-year ended 31 December 2024 Not•s to the Flnanclal Staternents for th• yèar •nded 31st December 2024 TOTAL FLINDS 2D24 2023 Incom• and end0entS frryn Pkn%d gimry 59.816 16.327 2Z.170 8685 41265 499.82$ 116,203 105.291 24.596 78.310 18,000 28,002 1fj,35S 886,583 $32,IXH 128.166 104.Y4 24.77e 34.166 18.000 99.876 83.121 ryed gMf•J 37.045 18.0 6.074 6.311 21.928 10.015 13. .347 180236 909.246 6.191 6,194 7.399 6.194 6,194 7.399 lb21brQ&et 3.113 2U,909 3,281 21.393 11.434 3.381 28.741 3.813 33.190 DI%rS ar¢J Iri2rest 31.826 41,407 1Q.328 31.626 41,407 16.328 T11 Int16 and 8nck)thyJents TT2 910 193 828 986,738 967,663 Exp•ndltur• on 15sknnaryand Chawiabgfvw'. Church Qr%as'. tLbJro 8,000 16,lYJO 8,500 17.000 16.0 18
Great Chesham PCC- Annual Report and Financial Statements- Year ended 31 December 2024 Notes to the Flnanclal Statements for the year ende(131st December 2024 ) d UnRrfthd dowmèm TOTAL FUNDS 2024 2023 Sb Cb•r#¥bl• •¢ts- Grant& l¢tyrti MIF61on•ry ¢hr¢f•b yl¥lNJ'. Rehe18 agwe¥ 3,000 3,000 713 A Roch3 CMstianAid 713 37 257 257 585 3,600 3,585 8,500 3.548 2.880 DEC Frortsr18Tr Ap81 loi iwaine Pwtye pe Lab"rrer Tearfw Fowd•lnof Pg Dariel R 631 3.eOO 3.$85 4,631 4,438 4,688 J.360 3.545 AnAtrcan Dream Airwtsuef£5OQ 120 27,542 22,243 7.402 29.645 MIMfO •nd ¢hafi¢•bl•gl¥lng'. rriswrms * other Churth xKieties' 6bwor 585 1.208 58S 1.208 USPG CPAS RoolarKJ Brar£hCtroroJe UFMVKrfdide AreMeaWnOfBkscT9Vthaty Criren'$$1ety Betel CthsbaffjAgairo1 Polerty Open Dty)rs Iiffe Bibk Tr3fGktors $ Ser¥iw inmisgon UK LcrfbJneityM1551011 Othrd StewBrdsTrI C1Chon6ees Arn0LrtsWer£ 1.300 4,000 11,524 5,170 600 1,453 8,500 6.fr72 4.186 2,970 9,570 2,290 1,099 5.170 600 1.802 2.901 5.170 1.33B 28.200 13.984 4.186 2.970 9.570 20.200 13.984 4.186 2,&70 9,570 2,200 6,783 3,663 382 11D,754 66.733 3.663 382 146.740 35.986 58.270 Chrisfrans king Outshjè the partsh". 1S.065 1.209 4.620 20.894 1S.C65 2.185 4.620 21.B70 15.565 1.300 10,849 27,714 EmbM¢otslJiddb Ea81 hy1ll$. 976 $Ur Ch18$ & rèlefof F". SlFrnrl$ TrhJ5pice Rene Hosw 865 700 658 1.300 2.658 Pnm8ryScfnc4 1,208 2.938 2.938 Totsl roJthrofwatisrnadè 172.829 217.193 134,184 ThfO4rInjseclGre31carn PCC afeakna tru%lEeaTr11ordlrtrtfrSkmlty rIs80n SirmnE¥•rts. st hien4tiorAI JrthnSperre-RooIa 8rarthCharye jame5TLr.1fte BibTrat¢1¥tyS Jwemy+A)oey.cfKW Mis$1 Swèty 19
Great Chesham PCC- Annual Report and Financial Statements-year ended 31 December 2024 Notes to Fk)anclal Stat•nnts for the year •ndod 31st Dtt•ner 2024 TOTAL FUN05 2024 2023 Pgnsh share 163J•O 14.438 35544 449)2 673 163JlO 14.438 78,403 97244 673 187.728 13b49 57244 86.781 Rert repai8 nrdIrrQ131ff tyr• Sbff & secrwtsna Sakln•S L8)Y••rs. wtsmroj spe 22A 52.342 +Ac & al& 7.1Ql 43215 16J39 774 13.7 157 7.100 4815 16B39 72238 15.023 54.610 16,601 59,83 15,662 189,944 P•p•ir6 a miithrw 18.464 1J23 ¢Fuchtykn•cl4 & n*fis¥y E¥qrdits•tyiemysi•d bubjir 6S.162 65.182 4,141 2M12 763 202 2.143 283 lJ)75 2.187 2.187 2.736 O•ptyty•bOh 22.558 8.W2 22J57 16.780 679.446 IX).792 820.238 726B36 8S2275 195.156 1,047.431 8eA).020 105 43.798 3.146 149.W2 12r)n12 10281 15.661 121.741 52.342 174.083 13D.992 20
Great Chesham PCC- Annual Report and Financial Statements- Year ended 31 December 2024 Notes to the Flnanclal Statennts for the year ended 31st Decenxr 2024 FLYed ai8t L6d by tho PCC TwgMJl8 fixed M•ets L¥rQ & Fiths & 8qliprt Totsl AlOn31StDecernber 1997 byPCC AilLtiOn24 1998 byPCC Al¢OSt G$S8Okvsl Addiborts atCOSL DisrM>sals Gross BDokValL 920.0 29.0 754.798 1,703.798 920,LK)O 29.000 1.026.054 1.975.054 2.118 271256 271256 2.116 At 1 Jan2024 Al31 Dec 2024 1.703.798 273J72 1.977.170 Depreu3On DepaOn[Drtr¥ #r DeprpobQntsTh$s$pts ¥ObJ Oepretsabon Al 1 Jèn2024 473.323 22.$56 252,371 8,2 725.694 31.458 Al31 Dec 2024 495M 261273 757.152 tBookVai A131 Dtrt 2024 t.7.919 12,099 18,884 1,220.018 1249.1 NetBookVa A131 D6¢ 2023 1.2>).475 Larf & bu13 irthAe freetr¥Jd yj 8 bjkj1ws1sarer 9toss tN)vaIof£1,e71.27s (2023 £1.e71,2751. depCialof£463.356(2o33.. £440,800) atvj rrthvalLe (A£1,207.91912023."£1230,4751. Ic(ynprf8e8oftr foknirg free buihJir#Js'. SL Mafys Cthh Rooff&, EmmaMI Cthh& Fbl.Sl. JDMS BB'rwJdonClurh&ffiebJ. SL Gooe & ¢$t¢Ichl&. 31 clpn.$ Cwwrt &r¢ 5 FimrgWsy. LaThJ & bi#&rg$ Ir¢lk18 irryomertsIthsar b00kval of£32,523120ll' £32.523}. depCial 01£32.52312023' £32,523) ar¢ of£NIl12023' £MD. kccrfrwse$olasetrolJ Imprown2rtsal 230 Ctthidge Larn. Tlwe pFJFErbe¥ 1rw8dfL¥app1jtn1tyrj.85O.(X)OlntOI¥TrJ Ills kOtmk9t0fI is inexrp55 irlIaev1l$. Tb 2024 2023 tkel AdOibOrStoirwstrrts •tts)$t Disw$8lproce&1s Add rtgainonrevabJatson a5 D9¢0thr 534h09 638,491 5.134 29.034 4302 67,698 534,609 InsIrrents corrorise.. 114rket . Shares Li¥ied irne$fyTtrts RELX Grow{foThMtyReed Elsemw) 1th15 & bLr 3.324 42 120A 103 EThlofftrtfirts C4asgow.C8F C ofE kTrpsbintFw Ha¥VKb. CBF C olE hwtryw F1 14.937 64.782 3.667 BF C ofE kv4tsbThrt Acc CBF LK EqtyFLrt A¢¢8lw8$ C8F PrDpeFtyFu¥J C8F itsfo$is¢¢wlesAx strAres CBF AtLstrAres 2.653 2.912 7.542 1.581 201 I6628 11.951 9.147 12.602 430.233 rkelwskne 15 b* trAd 5hBre chxe of the tsding thy ckn5èsiio 31 Dectntw. nlbpI.thj by nLrtw of 21
Great Chesham PCC- Annual Report and Financial Statements- Year ended 31 December 2024 Notes to tht Flnanclal Statements for year endod 31st D•c•mber 2024 mly•ts dnot assets by fund FL Fw Fu To&1 Fixed Assets CLYrentAssets Clrt Li$tyikti¥$ Lory4ettn h$bihb¢$ bae 1.$49.579 821.068 {31,0751 953 340.181 99.719 1.650,251 1.161,249 131.0751 2.339,572 1,1 99,719 2.780,425 2023 Fthy Total FixodAssets CfftMAs5ets CwrertLiabilibe5 1.,171 741J13 134.3501 97.488 1.783.970 1.082.464 134.3501 341,151 FUYJ bair¢o 2.392.134 342.462 97,488 2.832.084 D•btorn 2024 tBxrecNeRb prepa>nnts8Trj acoThd irter•51 (knrdebiof6 25,113 12,515 104,574 42.175 10.032 101.627 142202 154.034 tedltn0trrthrs Ints oTrrtat¥J worpatsisa tenn b8nof£100.0O0ty)tr(>eenHiMTri on¥lGh3% irterns115cIHryed. ban 1$ on31 D6¢6N8r2026. 10 Xt24 2023 rLMk5 ar defed irur ¢reditor5 forwds ar seNc4s (knrc¥editor6 23.124 3n31 23.821 4.416 31n75 Y.350 Fund dèta er¥J0htwrtfwxl$¢omis$IwStrtsWmrnrt btyK•iiofSt Ernmarwl. Ba al bBgINlryof 2024 rne EWor1b TrAr6ferB olpar Eterritymatsrstr Wormrfs & Ctrlrerf0rkerts l¢etsrg Poiri Sl Fixodass6tfLTh ctrfft5tiaAgaltP0ryrty Fbpe Ctv Buklirg repalrfiKKJ 130A52 .459 153,8941 107,117 20.405 18,794 13B84 79279 21,968 113.9841 148.671 6,881 10.000 3,499 22,454 146,123 36,582 9,136 3,662 29.720 12.2671 18641 126.6081 110.9011 5510r 28,971 18,167 Total 342,462 193.828 195.156 341.134 22
Great Chesham PCC- Annual Report and Financial Statements-year ended 31 December 2024 Not•s to the Flnanclal Ststements for the year ended 31st December 2024 Futhj dètaL4 l¢ontl R•$tvkted Fund¢ B•brth al erd orar 2023 EyTrJnLwe Trarsfers EtsnMtyM•ttots Womerfs & ChhJ[en'$woIlryl Meebrg Poirt st 76.660 36.80S 20.575 4.894 67.120 150.0341 130.552 138.E061 20,408 14.8941 ¢$boTAgaiOI Po%erty 8.610 124.613 112.524 7.614 188.4861 (T331 148.671 e.881 10.000 3.49 22.4S4 Bu1r9 tep3irfirKJ CtrnslCtrLYch OruanfiJ•# Miw Sury$m81 10,000 4,689 16,196 3.499 19.431 14.V91 T¢)iai 282.OOJ 229,228 168.76 342.462 ErThty MattMs 15 LEed * pay thp sakry & as5Oald£0 r4iiw kn tt th'iisièr for E%ryJelsm saI Emr1 Ctr•Jth irto isttyowh dOrtiOr m¥dt byrrn4)ws¢l Wrjwrfs & Crirf8 ¥%<rfkerft Iswd b pay Sary & a¥ae$ts tou Wfftn's & chA8 vitlkerts vKrt5 al EmmaTLEI ChJth lDtr fu¥J Is u¥owh oorotscTh Dy rnbe ofEttm•N¢l Ctr•JrL Trre vAs atrater In Ltp pri¢rtrpar to Eknlity M8uets asin errortr¢ Testiicted was PMitiLE syrsted bèkneen trtse arrfj so tos been Gowe&ed prior locombi irto one Meebr#J Poirrt teS to a ga6ry be1 olTre Polr¢8t SlJotrrf8 Bdlr¥JdorL Cthsi8rAgair¢i p0rty ICAP)mmy iSA tofiv¥J tr CAPDebic¢x¥éliry Lrtre ai Clvth Iswd to paylts saknry & assotithits)8 r8W to ts Sbff nymbw kadiroJ Rpairfi is to b1¥j ints kKal bibjiroj IheChristChur(h organfundi5to helpfundtherepairof theor8¥n 1$ rèsbdctÉd for SwfiednY0ncUSeS re 5*ar8 beon011 be eyperthd foi tre sp2ufiedcauses aTeW can btreyrvkd trtr¢ ¢•w spe¢lfiodby 23
Great Chesham PCC- Annual Report and Financial Statements- Year ended 31 December 2024 Notes to the Flnanclal Stat•m•nts for the year ended 31st Decenknr 2024 1024 137.189 99.353 111258 100.fP30 (T6,J•OI 197.4891 193.2891 ISJ.2)31 (79,1161 161,47) gS.920 100.832 87.884 33.0 25.oc iO.OOD 6.535 1.338 400 82.663 53 ge2 60.836 25. Asoua VK 51280 7.059 1.3 15241 ieth#CIu¢h) To1 475.492 426,517 400,017 501.•J2 146,W7 105.952 93,112 .427 133.73al 1107.051} 104.4251 150.3$1} 1J7.909 99.353 111,256 .935 51,290 1.452 82.501 SJ.869 51210 Auou• Vi¢ BuhliryJ TMIAty 7,089 Sryr•I hrth 4¢ T¢w 417.MS 313.102 55.575 475 492 Tr & crwii •¥J ¥• k) Ir•its pcc rKJs •1 •¥t9 mort• Th? •1 Ch111 k)tr• ty•p•iShW¥ •bJtrw thx•¥crn kn 2014 & 2015 I) •IW#in tr• fir•rorq d• r•thrq Frmd •t• Tr• txikJ4 MikS'r4 intr• 24
Great Chesham PCC- Annual Report and Financial Statements- Year ended 31 December 2024 Not•s to the Financial Statoments for the year ended 31st December 2024 12 Cawi GOnbY¢ts ParoclM8ICMTchCowKil ertered inlo m pital wttvnthEtts12023." Nill 13 Optrltirtg L•0 ConY)nwnts Parothal ¢trchCOQII has fokniro operatiTrJ base corywrilmerts, tIC fall as folb)w8'. Lar%J bdI$ Pbrtarxl mac11ry 2024 2023 2024 2023 n Ortsar Btheen 1 5 years 19.275 4.875 1.454 1.454 1.454 2,909 19,275 4.875 2.908 4,363 0ratire age comwitrTrf in respeCt¢)frxI Ixikliw$ rebte$to kase of 13 Belmort Road orxl 430 Ck4thd9e LarE kase in telationto 430 Chathidge LarÉ started ints oJrerlpar. Tre operdbTKJ ast Ofprt ar m8dIrryretes to thè k88e ofprintirg eqiipnrt. LaThJ aTrJ bLthdlrgs prt aThJ macfirtsry 2024 2023 2024 2023 The operatirg ka8e ctsryes frjrts hEar*e 33,900 19.500 1.454 1,454 25