Annual Report of the Parochial Church Council of St Peter and St Paul, Great Missenden for the year ended 31 December 2024 Administrative Information The parish comprises the churches of St Peter and St Paul, Great Missenden, St Mary's BaIlinger, and the Church at Little Hampden. It also acts as the managing trustees of the Oldlwn Hall, a registered charity (1063630). which owns this parish hall. The Vicarage is at 2 Walnut Close, Great Missenden. Bucks, HPI 6 9AL. The Church telephone number is 01494 862352. The Parochial Church Council (the PCC) is a registered charity (1129874). registered with the Charity Commission. The members of the PCC who served from l January 2024 until this report was approved are: Chairman: Rev'd MaIcolm Chalmers. Vicar Licensed Lay Minister Emeritus." Patricia Neale Churchwardens: Positions VacanL Sadly Brenda Harris passed away in early 2025 The Standing Con]mittee of Church members cover relevant work required and meet regularly. Representstive on the Deanery Synod: Vacant Elected Members: Cbristopher Figg, Margaret Cameron, Anne Ellis, Philippa Howells, Guy Priestley, Wendy Harris, Jamie Gairdner, Thais Hobbs. Christopher Nickless, Val Withams, Rosemary Lad Graeme Petrie-Brown. Stephen Tanno. Liza Worniell and Aileen Fenn are joint Secretaries. Member who sadlypassed away during theperiod.. DavidHarris. Strncture, Governance and Management The PCC members are elected in aCrdallce with the Church Representstion Rules. Regular worshippers are encouraged to register on the electornl roll. Objectives and Activities pcc is responsible for cooperating with the VA&8r and Clergy to promote the whole mission of the Church in the Parish, and for managing the Oldham Hall. Achxevements and Performance This is set out in detail in the ensuing sections of the annual report Financial Review This is also set out in the annual report. The annual accounts forni part of the at]nual report. Reserves Policy It is the policy of the PCC to maintain a balance on unrestricted funds that equates to 6 months expenditure to cover emergency situations that may arise from time to time. However, it has not been possible to adhere to this policy every year because of the pressures on income and expenditure. especially the parish share. Six months expenditure is approximately £65.0001£70,000. Overnll liquid funds of the Parish at 3 IS¢ December 2024 amounted to £209,967. [2023 £220,103]. See Notes l O & 16 to the Accounts. However. £156926 [2023- £165867] funds are restricted. We are advised that Diocesan policy is 3 months expenditure as policy.
! Serious Incidents There was a serious drain collapse under the C of E School playground which affected the Oldham Hall kitchen drainage and some of the roof guttering thainage. Total cost was £3580 and the School contributed £1790, being 50 % of the cost. Professional drainage contractors carried out these repairs. CCTV was used to identify the collapse area and the initiat problem was identified by a qualified surveyor. Approved by the PCC on 19th March 2025. and signed on their bebalf by.. Rev'd Malcolm Chalmers (Chairnian)
BALANcE5HEAsAT3l OECEMOER2024 Pailsh of Greai Mlssendert vJith Ballin8er and Llttle Hampdn Churche ZOZ4 Oldham Hall 20Z4 CONSOUDAYEDFUNDS ZOZ4 2023 Z023 ZOZ3 FIXED ASSEf5 Freehtsld property Plano Llihtlni System Atcotsntln8 &Offlce System5 CCTV sound System Camera Streamlng Sy51em Note 1,332 1,337 2,664 2,669 1,331 1.338 2,664 2,670 INVESTMENT ASSETS li Z3,046 22,477 19,949 19,442 42.995 41,919 URRENT ASSETS Debtorj Chartbonds iod Charllunds C•sh at 8Bnk and In Hand 20,918 21,071 60,000 160,103 241,174 20,918 60,000 149,967 230,885 21,071 60,000 160,102 241,173 16 16 149.967 230,885 LIABIlES. AMOUNTS FAWNG DUE IMTHIN ONEYEAR -15,901 -19,454 .15,901 -19,454 NETCURRENTmETs 214,984 221,720 214,984 221,720 Intra"PBr15h balances .4,389 .6.497 4,388 6,497 NET ASSErs 234,978 240 369 24.338 25,940 259,316 266,309 FUNDS Uftrostrt¢td Restrirted Endowment 60,025 151,907 23.046 58,521 159.371 22.477 60,025 156,296 41,995 58,521 165,869 41,919 io li 4,389 19,949 6,498 19,442 TOTAL FIINDS 234.978 240,369 24.338 25.540 259,316 266,309 Appro¥ed bythe Parochlal Churth Coundl on 19th Mir¢h 2024 d sl8ned on ltsbehall by.. Rerfd Malcolm Chalmers (Chalfmanl Mlke O'F aneÈl Pa8e I
Par15h of Great M155enden wlth Ballln8erand Llttle Hampden Statement of FInala1 Actlvlties for the year ended 31 Dernber 2024 Churth 2024 2023 Ub7re51rirted Restrlrted Unrestrlcted Restrlcted In¢omlftg Rosources Note In¢omln8 resources from donors 2a 99,025 2,010 93.891 2,642 Income from operatlng actlvltles 2b 18.874 20,228 Income From Investments 2¢ 7,327 6,170 Other ordlnary In¢omln8 resources 2d 3,674 7,861 Grant from the Oldharn Hall 2e 404 18 Total Incomln8 R•sourc•s 129,304 2,010 128,168 2,642 R•sourus Usod Grants 3a A¢tlvltles dlre¢tly related to the work of the church 3b 110,282 9,262 106.116 S,581 Fund.ralsln8 and publl¢lty 3¢ 610 Church mana8emerst and admlnlstratlon 3d 16.908 15,608 Totsl Re$Dur¢es Used 127,8OD 9,262 121,724 5,581 Nel Incomln8llOutyolnil Resovrc•s 1,$04 -7,252 -2,939 Prloryear adjustment .212 Net movementln lunds L504 .7,464 -2,939 Balances bmukht Forward at l January 58.521 159.371 52,077 162.310 Balances carrled forward at alDecemr 60,025 151.907 58.521 159,371 Page 2
Parish of Great Mlssenden with Ballinger and uttle Hampden Form of Accounts These accounts comprise the consolidated accounts of three churches In the parish of Great Mi55enden and the Oldham Hall charlty (the oldham Hall). a charity under the ¢ontrol of the Pccwho are the managing trustees. Separats Oldham Hall atcounrs have been prepared. Gains gnd Losses on lrtvestments Reali5ed Eaift5 ur losses are recogni5ed when investments are 501d. UnrealTrsed gains or1055e5 are accounted for on ievaluation of investment5 as at 310ecember. Resources Used Gronts Grants and donatlon5 are arcounted for when paid over or when an arnount15 Set aslde pendlng Immlnent payment. To account for the activltles of the whole parlsh, separate and con501idated balance Sheets are Included; the Income and expenditure for the Oldharn Hall have not been con501idated but shown by way of note 1121. l. Accountlni Pollclas The financlal statements have been prepared under the Charitle5 Act 2011 and In accordance wllh the Church Accountlng Regulatlons 2006 govefnlng the Indlvldual accounts of PCCS, and the statement ol recommended practlce appll¢able to charltles preparlng accounts In accordance wlth the Flnanclal Reportlnm Standard for Smaller Enrltles publlshed on 16th July 2014, Flxed Assets Consecrated Land and Bulldlngs ond movoble churchfurn15hlngs Consecrated and beneflce property of any klnd Is excluded from the flnanclal statements by Sectlon 10121131 and Ic l of the Charltles Aet 2011. Movable church furn15hln8s held by the Vlcar and Chureh Wardens on spe¢lal trust lor the PCC, and whlch requlre a faculty for d15POsal, are a¢¢ounted for as Inallenable property unless consecrated. They are Inspected annually by the Oeanerv. For Inallenable property acqulred prlor to January 2000 there is Insulficlent cost Informatlon avallable and therefore such assels are not valued In the a¢¢ount& No such property has been acqulred slnce January 21JOO. The hnanclal statemènt5 have been prepared undér the hlstorlcal cost conventlon exeept for the valualion OF Investment assets. whlch are shown at market value. Fynds Endowment funds are fund5, the ¢ap5tal of whlch must be retalned; only the Income ar151n8 may be u5ed- elther for the restrlcted or unresirlcted purpose for whlch the endowment wag egtabllshed. Re5trl¢ted funds, whl¢h may be capltal or Income funds, are funds that are subject to speclflc wlshes from a donor at the tlme of the glft or the terms of a publlc appe81. Unrestrlcted lunds are 8eneral funds whlch can be used by the PCC for Beneral purposes, and may Include funds that have been de518nated by the PCC for partlcular purposes. All expendlture Incurred In the year on consecrated or beneFlced bulldlngs, Indlvidual Items under £1,000 or the Tepalr of removable ¢hurch furn15hln85 aUfjred beFore January 20001s wrltien off. Freehold Propety The property of the Oldham H411 Is Included In the Balance Sheet at the nomlnal value oF£I a5 the cost and effort ol obtalning a valuatlonls not lustllled for the purposes of any addltlonal clarlty or for the belter undeTStandlng of these financial statements. Incornln8 Resources Voluntary Income and CopitalSour¢es Collections are rècognised when feteived by or on behalf of the PCC Othof tlxtur•s. fittiny and offic• wulpment The ccrv system, Xero Accountln81 Plano. Ll8htln8 and the Sound Systems hove been wrllten off and retaln nomlnal values of £1. Planned 8ivln8 recelvable is recognlsed only when recelved. Income tax recoverable on Gift Aid donatlons is Tecognised when the Income 15 retognlsed. the amount dve is quantifiable and its ultimate recelpt by the pcc Is reasonably cèrtain. Funds ralsed by fund-raislng events are accounted for 8ross as far as Is notlfled by the organlser5. Sales of book5 and magazines from the church book-5ts11 are accounted for gross. Dlvidends a ac¢ountÉd ccounted for when due and payable.Intere5t entitlement5 are 3CCOUllted for a5 they accrue. 7he newly Installed camera system for Ilvestreamlng is belng depreclated over 5 years from 2021 Investments Investments are valued at market value at 315t December 2024. Pa&ep3
Parfsh of Great Missenden with Ballinger and Uttle Hampden Statement of Financial Attivlties for the year ended 31 December 2024 Z Incomlng Resouree5 Churches 2024 2023 Unrestrlrted Restrlcted Unrestrlrted Restricted 2a Incomlng resource5 from donors Bank Glro Credit5 Envelopes Donations,Good box & Webslte donatlons Bequests Income tax (to bel recovered Collertlon at all seNke5 Wallsafe 57,112 1,364 12,773 2,000 io 54.236 1,266 ii.oio 1.915 18,909 8,411 456 17,165 9,906 308 99,025 2,010 93,891 1,915 2b Income from operatin8 artivltles Fees Less., Fees expended Cream Teas Other fundralsln8 Bookstall Newsletter/maBazlne 8,384 -5,712 11,192 4,996 14 20,107 -13,941 9,144 4,898 20 18,874 20,228 2¢ Income from Investments and deposits Investment Income 7,327 7.327 6,170 6,170 2d Other ordinary Incoming resoufces Miscellaneous 3,674 3,674 7,861 7,861 727 727 2e Grant from the Oldham Hall Total Incoming Resources 404 129,304 18 128.168 2.010 2,642 Page 4
Parlsh of Greal Missenden vAth eallln8erand Llttle Hampden St3temtMtof FInanclActi¥ll1es forthe yearended 31 December2024 ChUhe5 l Aè%our¢es Used Z024 2023 Unre5trfcted Rettrkned Unrostrfcted Resttlrted 3a Grants Now5h¢Jwn In Note 13 Mlsslon Glvln8 Charltle5 Ilnc. Spec. Collertlonsl Donatlons Note 13 13 13 3b Actlvltlesdlre¢tly reloted to the workol the Church Mlnlstry Parlsh share Prltsi's expenses As$15tJnt clergy 65.280 993 98 66,387 896 51 lufilor¢hurch OrBan15ts+Musltal Dlrector & Organ CholT lobes & Muslc Altsr requlsltes Flow¢rs Majntenince & Rep•lrs, Clelnlng ontrlbutlons r• labrle Irom the Church Frlends Churchyard5 Ener8y & Water lrn$ur•nce Prlntln& Statlonary & Postay Le8al & PTofesslonal Dtpreclatlon OF Llghtlng Depreclatlon of Streamln8 Syjtem Dèproclatlon ol Ac¢ountln8and Ofll¢e Systems Depreclatlon tsf Sound Dqck Depreclatlon of SDund 5y5temlstre•mlni Sy#em 8ookstall GM VicaraBe MISlIaneDU$ 276 1,576 6,167 13S 373 8.816 216 158 7,496 io 15,696 9,228 1,646 1,765 7,515 6.245 2,702 1,626 9,Z29 6.726 2,802 1,332 2,359 37 38 1.858 110,Z82 .151 106,116 9,262 5,581 3cFundralsln8 & Publklty Cream teas & other Fund Ra151n4 expeTr5es 610 610 3d Churth Management & AdmlnlstT*lon Office Rent & Expenses Admlnlstratlon, Telephones & IT 328 16.580 16.908 196B 13,640 15.608 Total Resources used 127,800 9,262 121.724 5,581 PaKe5
Parish of Great Mlssenden with Balllnger and Llttle Hampden Ststement of Financial Actlvltles for the year ended 31 Decemljer 2024 Trustee Ex enses 2024 2023 Flxed Asset5 2024 2023 Number of Trustees who were pald expenses Plano at hlstoric ¢05t Depreciation to date 5,284 -5,283 5,284 -5,283 Nature of Expenses: Travel, course, clergy expenses Ll8hting 5YStem at hlstorlc cost Depreciation to date 4,810 .4,809 4.810 Total amount paid 1,091 947 Related Pa Transactlon Attountlng & offl Systems Depreciatlon to date 4,818 .4,817 4,818 4,817 The only Charlty Trustee who recelved remuneration from the charlty was Wendy Harrls, who recelved £6000 for her role a5 Church Or8anlst. CCFV at hlstorlc cost Depreciation to date 2,695 -2,694 2.695 -2,694 Investments The Gentle Bequest fund comprlses 3077.68 unlts held in the 81ack Rock Charishare Fund, whlch Is an Equlty Fund, The Church Hall Charlty (Oldham Hall) Fund comprises 1354.88 unlts held In the M&G Charlfund, whlch15 an Equity Fund, Sound System at historlc c05t Depreclètlon to date 22,825 -22,824 22,825 -22,824 Camera Starning System Depreclation to date 6,659 -5,327 1,332 1,337 6,659 -3,995 2,664 2,669 Total Flxed Assets 2024 2023 Debt Income Tax Recovered UnstrICted Restritted Unrestricted Restricted 18.424 17.500 2024 Z023 Sundry 2,494 3.571 Llabilitles Expense Creditors Inc. Oldham Hall Charities- Inc. special collections 6.930 8,971 10,481 8,973 20,918 21,071 The Income Tax refund was re¢eNed on nth February 2024. 15,901 19,454 The Oldham Hall book-keeping now integrated with Xero Church system. Page 6
Ststement of Financial Activities for the year ended 31 December 2024 10 Restrlct d nds 2024 2023 11 Endowment5 [Volue ot the end of the year] Gentle Bequest 2024 2023 Watson Cottages Sale Proceeds Junlor Church/Youth Fabric Fund15ee Note 141 Repalr and Improvements Appeal Other 61.039 19618 2.135 52,003 17,112 151,907 4,389 156,296 61,039 18795 23.046 22,477 3,575 57,557 18,405 159,371 6,497 165,868 Church Hall Charity 19,949 19,442 The endowment funds are: {al Gentle Bequest, of which the income is to be used for the General purposes of Great Missenden and Parlsh Church Ibl Church Hall Charlty l Oldham Hall), of whlch the Income Is to be used for promotlng the rell8lous educatlon of persons who are resident in the Ecclesiastical Pafish of St Peter and St Paul, Great Mlssenden. Oldham Hall The prlnclpal Restrlcted Funds are to be used for.. Watson Cott•ie$ funds may be used for a house for a curate or caretaker or for any other ecclesiastlcal purpose In the Parlsh. 12 Oldham Hall The income and expendlture of thls Is attached as part of thls report package. All transactlons are separately Identlfled, however, followlng the closure of TSB Great Mi5senden, banklng is carrled out wlthln the PCC bank accounts at CafBank. Fabrlc Fund of St Peter & Paul Church. for Improvement and maintenance Repalr and Impro¥•mtnts Appeal the fundlng of eapltal projects, some of which were Identlfied In the 2010 Appeal Ilterature Pale 7
Parish of Great Mi8senden wlth Balllnger and Llttle Hampden Statement of Ftnanci41 AEtlvltles for the year ended 31 December 2024 13 Speclal Collectlons and Donations (Restrlctedl 2024 14 Commitment underthe Fabrlc Fund There were no commitments at 31st December 2024. Home Misslon ond other Church Socleties Childrens, Sodety Christingle In 2024 Includin8 Ballln8er 223 98 IS Donatlons 223 98 £600 has been donated by'The Frlends, and has offset the eost of certain ongolng malnlenance and fabr1¢ repalrs, Secularchorltles Bucks Hlstoylc Churches Trust RSCM Save The Children Pancreatlc Cancer Ukraifte Hllltop Villa8es Prolect Embrace the Mlddle East Abraham's Chlldren In Crlsls IACICI Wycombe Homeless Connectlon Turkey Earthquake Appeal A Rocha Motor Neurone Dlsease Llnden8at Royal Brltlsh leglon Wycombe ReFuBee Charlty 60 332 90 647 1.611 55 16 Church s-De Its In ces 24 24 2023 20 804 450 450 266 Charlbond Charlfund 30,000 30,J0 30.000 30,000 60,000 60,L4]0 104 Bank CurrentlDeposlts Petty Cash and Floats 149,367 600 159,564 539 165 149,967 160,103 804 308 2,031 4,106 293 1,595 5,959 Churches Llquld Funds 209,967 220,103 charlbond value 31-12.24 £34,269 12023 £33,961] Charlfund value 31-12-24 E32.001 12023 £311891 These values have not been reflected in the Balance Sheet as value5 can r15e and fall dally. Incorne frorn these Inve5tments15 reflerted In the AOunt$. Total 6,057 There are small don8tlons of 8Otbds by parlshloners each year. malnly to the Old Tea Warehouse. The value of these goods Is neltheT valued nor reflected above. There may be further payment to ACIC regardlng the reclpe books when further sale5 are posslble. Also see Note 9, Liabillties, where any such 5peclal Collectlons and Donatlons not pald out at 31st December are held a5 Re5trlcted Funds liabillty. Pa8e 8
Great Mlssenden Church Hall Charity (operating as "The Oldham Hall" Income and Expenditure Account- Year to 3tst December 2024 Note 2024 2023 Hall Income Rental charges Donations Fund raising Net proceeds of refreshment sales - opening 14,031 12,923 14,031 12,923 Hall costs Cleaning and Caretaker Light, Heat and Water Insurance IT and WiFi Restoration, repairs, equipment and Fees Administration and Sundries 3,328 5,228 1,023 589 3,823 2,148 16,139 3,084 4,705 I,ooi 925 3,659 1,258 14,632 Net Hall Income/(Deficitl -2,108 -1,709 Interest and Investment Income 1,219 -889 1,158 -551 Grant to St Peter & Paul PCC Transfer from/to Maintenance Fund Net Surplus/lDeficit) for the Year -1,219 -1,158 -2,108 -1,709 Uu
Great Missenden Church Hall Charsty (operating as "The Oldham Hall" Balance Sheet as at 3tst December 2024 Note 2024 2023 Fixed Assets Freehold Property Investment Assets 19,949 19,442 Current A55ets Debtors Cash at Bank and in hand see note 12 PCC attounts Current Liabilltles see Note 9 to PCC Accounts Net Current Assets Intra-parish Balances 4,389 6,498 24,339 25.941 Funds General Fund 1st January 2023 Net surplusldeficit for the year 6,498 -2,108 4,390 8,207 -1,708 6,499 Maintenance Fund Endowment Fund 19,949 19,442 24,339 25,941 Rev'd Malcolm Chalmers Chaimian For and on behlf of The Parochial Church Council of the Ecclesiastical Parish of St Peter and St Paul, Great Missenden Managing Trustee of the Charity 19th March 2025 Mr E House Independent Examiner 24th February 2025
Great Mi5senden Church Hall Charfty (operating as °The Oldham Hall" Notes to the Accounts l Accounting Policles a Accounting Convention - these accounts have been prepared on the hlstorical cost convention using the accruals basls to bring them In line wlth the accountlng policles requlred under the Church Accountlng Regulatlons 2006 together with appllcable accounting standards and the Charltles SORP 2005 b Freehold Property- the property of The Oldham Hall Is Included In the Balance Sheet at the nominal value of £1 as the cost and effort of obtsining a valuationls not justified for the purpose of any additlonal clarlty or for the better understandlng of these financial statements Investment Assets- Investment Assets are revalued at the end of the year uslng the closlng mld-market valuation d Maintenance Fund Is now closed. There was a major draln blockage affecting the kitchen sink under the school playground whlch cost £3580 to Investl8ate and repalr. The school contrlbuted 50% towards thls... .The Hall Charlty cost was thus £1790 and was a major factor cau51ng the deficlt. 2 Freehold Property 2024 2023 See note I 3 Endowment Fund Balance 1st January Unrealised losslproflt for the year Balance 31st December 2024 19,442 507 19,949 2023 20,185 -743 19,442 4 Intra Parlsh Balances 2024 2023 Current Account with St Peter & St Paul Church. The Oldham Hall Bank Account at T5B was closed In early 2022 after the GM Branch closed. Closing balance was transferred to the PCC CafBank in early 2022. The book-keeping is now integrated wlth the Church Xero accounting system, 4,389 4,389 6,498 6,498 5 Insurance The Insurers [EIOJ combined St Mary's Ballinger and Oldham Hall Insurance.The correct apportionment of the 2024 Premium has been reflerted in the 2024 Accounts.
Independent Examiner's Report to the PCC of the Parish of Great Missenden with Ballinger and Little Hampden I report on the accounts for the year ended 31st December 2024, It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the management committee concerning any such matters. The procedures undertaken do not provide all the eviden that would be required in a full audSt, and consequently I do not express an audit oplnion on the accounts, whlch are set out on pages I to 8. Respectlve responsibllities of the PCC and Independent Examiner The PCC conslder that an audlt Is not requlred for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examlnatlonls needed. Independent Examiner's Statement In connectlon wlth my examlnatlon, no matters have come to my attention: It Is my responslbllity to l. whlch glve me reasonable cause to believe that In any materlal respect the requirements examlne the accounts under section 145 of the 2011 Att; follow the procedures lald down In the General Directions glven by the Charlty Comm5ssloners section 145(5)(b) of the 2011 Att. and to keep accounting records in accordance wlth s.130 of the 2011 A¢. or to prepare accounts whlch accord wlth these accounting records state whether partlcular matters have come to my attention. have not been met. or Basls of Independent ExaMineS Statement 2. to which, In my opinion, attention Should be drawn in order to enable a proper understanding of the accounts to be reached, My examinatlon was carried out in accordance with the General Dlrectlons given by the Charity Commission. An examlnatlon Includes a revlew of the accountlng records kept by the PCC and a comparison of the accounts presented with those records. Edward House 24th February 2025 Great Missenden