Christchurch Woking Town Square Vlbking Surrey GU216YG Guildford DicSe Annual Report & Accounts ofthe Parochial Church Council of the Ecclesiastical Parish of Woking. Christ Church Charity Number 1130005 Year ended 31 December 2023 IncumbenL" Adrian Beavls Christ Church Vicarage 10 Russetts Close Surrey GU214BH Auditors: Shaw Gibbs Limited Chartered knuntanls and Ststutory Auditors 264 Banbury Road Oxford OX2 7DY
Christ Church Woking - Annual Report & Accounts 2023 The leadership team cl thg rtrch weserrt the Arrnal Rgwt •YJ Accounts for the year endad 31 Dée8mb8r 2023. The aCColS comKAy with oJrr¢nt statutory raquremIs and lh& Slatern8nt of Recomm•ThJed Praclice.AccoIry and ReFnrtry by Charti?s (RlS0d 2015r. Govemlng Document: Parochial Per5 Measwe119561 as amended and Cr¢h Representalion Rulés. Area ol benefit: L1ThJefw¢ in k)cal. Date Register•d wlth ChaThy Commissi¢>n: S Jw 2(XJ9 Classlflcatlon Vlh: Educaliorvtrainiig a1 Ra9 Athiks. Who: G&ral Put4c l Mankir¥S How: Makes grants to Organisan$. providès t'rj$1[aCI1rtICFen space 8ThJ FxovJes sejyicas The Pafothial Clyxeh Council of the EceaStiCal Pwish d Vl(kng. Chrisi Church rpcc") is a chafily fofmerty excepted from registration wrth Ihe Charty Commts&on but regislergd In June 2C4J9. Chanly Nwnber 1131Y)05. The PCC hav9 reSpSlIty l¢)Jetherwth the incLThbent for the whole missi)n of the Church, mel bi-rnonthly durng 2023. It 50 has maten¥ re5Fwwbilrty for the ChLwch cenlfe complex of Christ chth Woking. Membernhlp Members of Ihe PCC aré effe¢li¥ety Ihe truslees arxl ex elected by the Amual Pa¥cKhial Church M•èting {APCMI in accOrde wilh the Chjrch Rekyesenlalion Rules. Dwing the yèar. the folky¥ seNed as members crf ts PCC.. Ex officio PCC members.. Incnben1 Associate var Revereryj Athl Beavis Reverer#J Emma DOffl From Sept 2023 Non-slipendiary Ministe Reverend. Martn Smith ReVerej Phil SPs Wardens Amy Hi¢Nns Elected Aw'l 2023 twm Elethl Apn'l 2023 2nd term) Dioce Synod Reps Steve Robérts Steve MLvris Gordon McFland Frcth APCM 20234" lerni From APCM 2023 6° lem Frc¥n APCM 2D23 74 Temi Deanory Syrnd Reps Bel K John From APCM 23 4" term From APCM 2023 V term Ele¢ted Memt¢rs Mel Hemmrys J¢)n Gale Rthard Stono Moniea Hill Jthn Tatton Clair Napw Lnda 8rtr•m Roy Low Ruth McHutchon Phii Jad(s Rob lthite From APCM 2tr21 * term Treaw from APCM 2023 V term From APCM 2Q20 2r4 term to Apnl 20TJ FrC APCM 2020 1. 18m to Awil 2023 Ffom APCM 2(r20 1" lemi lo Awil 2023 From Awil 2021 111 tem lo Sept 2023 Frcth Awil 2022 1¥ Tem From April 2022 1 Term Ficth April 2023 111 Twm Fr Awil 2023 1 Temi Frcn Dèc8mbw 2023 Co-opted members
Christ Church Woking - Annual Report & Accounts 2023 At the Arnual P¥othial Crth MeetwvJ IAPCM}. hekl on 24 202&, Mike Pearce was relected as a ChurdY4Yarden Beryl Ke81oy, Gordon MCFard. Steve kknis. Steve R(ts WKI Joth Wylho Wats (leCted as the five Dearw Synod reFfesentives. RKhard Stone ended his secoTrJ tem cl servKe aTrJ st¢)od dcThvn Monica Hill and Jon Tatkm endad t ftrst iam of slee and stood do. John Gale was re-eted for a sec4)nd lerm d servKe and refflaird Treasurer. Ruth McHulch( and Phil Jackson were ect6d kn a fni im to fill Iwo vacan¢ie$. nle Ik them all lor th wilywess to staTrJ aThJ faithful Serv to PCC. Structur•. Governance and Management The aPpOlMont of PCC members is by Ihe Clmxch Rewe$enWn Rulos. wilh the additional Iwmi18lKJn passed al Ihe APCM. that eleded PCC mambers serve for a maximLMn of two CON1nU$ terms of three years. Thereafter, a pwstM has to starwj down for al lèast orn year. This does appty to the OeanEry and Diocesan Syntrj repre$&nlatives ¥e dected m a reguLar IlYe&year cycle. Chnst Churth kirj has been granted fNe oea SyrK4J rwesentths and thair èleciiC toth place al the APCM on the 24 April 2023. The nexi eleci wdl be n Aw"12026. The church is heavily rèliant upon the volurteer wwofvemenl of its members arKI in mosl areas the staff or MberS of the ecryregalion are invow li the ttwitabl8 aclivrts Thg chwch a150 chooses to give gfanls to selected Part c¥ganisatws wth smil¥ ains. The wncipal aclivilie8 and athie¥ements within year we set wl bel. Th8 PCC has compli8d with the duty 1715) of the 2011 Chafilies Acl lo have due regard lo lished by the Chanty Commission regarding Publ tnètrt. Thg PCC has considered the prinwal risks lo whKh is exposed arKJ affj satisfied that appropriate risk man&Jemert intemal o)ntrols systems FsseS are in pl¥e to effeclively manage Ihese risks. Purpose and Objoctfves Christ Ctsjrth Wckng (ccV PCC has ts f6spmsty of coopwiwJ with thg inwnbenl in Ln011n9 thè objects (rf th$ charity, namety'FY(M)Icliw n the ec%3$131 pwish tho whob mi$siw of Ihe Churth.. As a ¢hLKch, (yJr miswm arwj m1$ We WAled try ffie ccre vahm". 1. WORSHIP CCW is caw to be a pl• of passw)nate Swl-filod. $6oker4riwty worship, where we gnjoy Gods presence wtrwe ttA)se 7IK) do r•)t IqKMf Jesus discovw more of his lovè. 2. WELCOME CCW is called to be a ple wtwe all irr8sp8caive of agè. race. a1ure. or bad(ground. find a w8rn1 wekyjne. into of of bèthgiro, a piaca to serve and usé their grftings. 3. WITNESS ccw is caled lo be a th shares thg love of Jesus Cthst. n word and in actton, both sharmig ihe gcoj n&ws of Jesu5 n words. slwJYiTh3 Ihe good news of Jesu5 4. WALKING WITH JESUS CCW is called lo be a cKth wtwe every member, whalever age, s as a disci* of J8sus. gr(ry dostt to Je&ts. w(MrvJ more Id<e Jesus. and going more f¢y J8su5.
Chrlst Church Woking - Annual Report & Accounts 2023 S. WOKING & THE WORLD CCW has a lue 1th9 as a witn8ss lor Clyist n Wokmig Town Cenire, lo tsiJpp)rt our kxal partner chLKches raath the weasry global tkIng communrty. We are called lo support Chrtsl's global cPxxth ty supportwig ow Misslon Partn¢r Familios and Organlsations The PCC ha8 fesponsibilrty fty stewardshp ol CPMJrch. ils crffices and rooms, u8 Orchard Drive, a church-owrd prop rrenIty (wieil by Ihe A5sociale Vicar. Ccwemptys a staff ieam arn1 is sIgnrfnIiY supp)rt8d by vohanlgers C1rK"n9 lo many areas across men WKI women's groups, prayer P. Lrfe Gr($. Children's arKI youth work. hospitality. music arKI worship, finance. buildings operations and Marlen¢0 aThl Infornt techM)kngy services. Revlew of the year Christ Cr¢h h•J a ye¥ 2023 (MK missw mcluth"rvJ ow first Church W•ek8nd Away for four yeaKS. Th8 year f•ll quiie strd¢he<l with the frsl hair wiltrw)ut Assoe48ta Vlear and tho second haWwithout an oPeratS Manager vknen Ashdwi moved 10 the Café ?agr rol• durwy th9 yew. So. il was a delight Io w8knme Emma Dornan to t team In Seplember as Associate Vicar. whith has strengitsned r paLYd le. SIX has laken on the ovwsthl of Pastoral Care. Prayer Ministry and th8 &xThirtyservi¢e as well aldTh3 9jpF c(MuniCatI)n5 and opwaticffls. Worshlp Our regular servi¢¢s of worshi) l)ave C{x1jed to strery, espgcialty swirwJ a gwd number of families join ow 10 30am servKe. boosting l(wJ$ Clxx¢h wmbers AlsIde tr¥s we now have over 215 people fft our 17 midweek Lile Gnjups. whth is a strong SI of healhy commrtment the lrfe of I church. In June we had our first Feast of extwJ8d Wship. food. and fellrmship in th8 &xThirty service, and rKW Emma has taken on role of paslorwo the &xThirty there are regular social events Flan1 each month afttt Ihe servit•. In we had 0 Church Weekend Away. wrth the theme.Abdanl". with Dave RIchd$ (Rector of St Pauls & Sl Georggs Ednbwghl skIng aboul IKYW GOJ give5 fw more than we ever exFCt. Th was a great encouragement to slep OL& in faith Gcwj speC[callY as we reIalched our Gateway Projacl Isoe below) weekend was altended by 240 a(knls, youlh children and was a real lime of fun. faith. and felkJwshFP. helyro n8w frMdshps frn okj ones deepen. Youth and Chlldrnn's nthilstry As OLtr Klds Mlnlsfry S been IV$ been great io see mLVè people slep onlo the team abty l&J by Hannah Joy¢8. QLf Kids Pastor. New inilialives Ihks year have been a rewlaf monthly visit to Starbucks for lh8 Year 6 children aThJ Th¢ Tmi. * "AMerr4li¥e lo Halloween" paty f¢x Year 5 arml Year 6 kids. Hannah ran a PantIng for Faith ccwse term aTrJ has strengthened IkS wilh Maybury School wh) visit eath Easter Ctwistmas. by bec(ThirvJ a govermr. In C4.. Youlh, both Su¥ groy. Fuse mn1vj in th8 ev8niThJ, have gr(ywn in depth and Thjmbers. The 0uPS have enjoyed a raroe of Sla1 everts. and gatherngs lo dgwn faith, such as Luminosily at New Wne Uniied. Dawds Tent, and the kKal Encounter event run by Engage. Igniie now have a monlhty meal together bofore eY9r¥vJ servu. serve there orts a month. At th8 and of Ihè year, 7 yourrfj people lo go to lfjbwa, Naycoi on a Youth Mlsslon Trfp Summer 2024. to run a KKIS Holiday Ckb tr TLYr¥ry Poirt Th8 young people be9 fundraising li eamesi. in¢l1ng joining in Slum Survivor inlatiVe sl8ep¥ig lo raise money Kbefa aTh Malch4MiSsh. Matt Burrage, Youlh Paslor, has been ab suppxted this year by Josh Tuohy joinirva Ihe team as an inlem as part ol the New blfne l)SL7thlwp Yearschane. rytnem ¢0 tho Worfd CCW runs Alph8 & 'nts91 Hope OLrtroath CCAJrses aa5Je wttith we o)nlinued WTth our weekty W8mi W•lcom• Spac8. a w(xning drop n on Vkdnesdays for all those seekg frienclship. support and who maybe battling isolatw)n and lorl'rsS. It was orvJilty started as an nilialive lo help thos&
Chrlst Church Woking- Annual Report & Accounts 2023 struggfmg with cosl-of4iving wi)Iw mrmtts of 2022-223. bul has nchv becom8 such a valued space (hai we ran it IhrowJhJA 2023 ha¥e a cmmittad lewn wekomirKJ wi 20 or so people eath W8ek. Our CAP Cèntrn continS lo run undw Sah GtyJdrf$ ccAnmitted leadership. CAP ts funded via dedicated doner5 and lthigh a an1 from Isaiah Fund. AIIW the CAP Cent was surFffiSgIY qui&t for first hal of 2023. posSY as fr11r sigrposlwig seryices have been withdrawn, il bgcamo noticeabty busier Ihereaftef. With Sarah m¢reasThJty 0¢P. By erKI (rf 2023 tha r8slri¢Xed CAP fund was signrfunlly depleted tPreftye we we revpwi¥J ts rW way lo Le th8 mnislry forward on a 5tr¢)nger fooling for 2024. We continue lo support our Mlssion PartnerFamllles and OrganIsalnS from around W)kng and the workl. see note 13 GrlS fof furthw details. The First Fruits lund, ewal lo 5% of tho wious year's uNeslricled gNing. is sel aside for w Alis$ Partfter FamIli, tho l$aiah Fund, whith is supwrted by Sunday Collecti and an aMu81 Grft Day. SLVFYts our Partner Oryanisallons which are tharilable organisalions we aroJnd IFE wtyld. In 2(rz3 the two funds tQ381her gave just over £77k lo Mission Partners. wh•9) 1$ ewNalent lo 13% of c¥J urrestricl8d gwing. This is a toslimony lo the gener$ hewt of CCW. aThY ts c(XTwnitment we have to SUFPOrt MissiL and ministry beyond our four walls, lo enable God's lo to be shared arcxff the wcrtj. Busin•$ses anal Iwlldhlgs Cherall, r busin8SS&S Cortinue to md(e a wsitNe finwKial ¢MtrtijtiC to the chwch at Ihe se time FwOvid9 Valuab missional OPFY)rtunstt$ the Icrn. The Café had a strong Fostyig a IaKhY whth was a real testwnwy to the strength of the leam as they adjusted to Shela Hargroavos dc¥ from her rokn a5 Café and Jane Ashdown moving into Ihe posilton. Oflgln Bookshop had a tougher lime. I)ett Lmable to quicly chry prtis lo adjust for nflatn. unlike the Café. However. the bookshop perfomed in lin wilh eXpeCtaln$ ltrwh yow SeeIr an ncfease in sales compaffjd to 2022. Ilfjlhin th9 Gateway F)rcfject we r&Jesigned a new shop laycul. in¢hJdiTh3 a comfortle Sealg area to encouwe brcAvsNYJ. doL¢l¥vJ w as overflchv sealirrfJ for Iho Cafè, Further. we are giving consKleralion to fe strategy of the bookshop aTrJ to this seek Ihg feedback from the mary cust¢xners who firvj the boc5 SLth a plxe crfwetcthe SLpkMyL Conlerenclry Conferencing has ten the business to lake the Wt to pic& folknYirwJ Covid-19 Conferen income for the yew was signifKanlly bdcw expectat¥s. However, a5 we approached cf¥L8trnas 2023. Ihere was a nthceable uptk* rh)t only bkIr Cl$1maS bjl also enqurie$ for 2024. As m8 workefs relum to IheK offus. room h¥e f(Y corterences and training appews to ¢Irj into fashion. arKI early imlications ¥e ts12024 Fnay perfonm doser to pre&eM7cloVel5 Gateway profrct Our Gateway Proied demonstrated siJnrfIGI projress (krng tha year. Wlh revised plans, and with planning permissM)n expiriro ui Jan 2025. we raunChed the Gateway Project to the congregation. and announced new 5caled-b8ck PlS. foojséd ddivemg a new Ywlh & Community cenlfe". updated kitthen, loilet, Café and b0okthC facilities." m(Ye spxe: and opetyng w U)e wesl end for tetter #t$s. Following tsvo GalaY GIN Oays in June Oclober Gateway comwised of cash aryj fimi PdgeS arnolted lo £3.1 milli¢M. expeci lo get fvll f•>Jlly Femitssion fmal desigrts. and issue lender thriTr3 2024 for wK lo Start fft Jartry 2025. Tr man effort dwiry 2024 will focus on grant applaItc5 arnl fundrais¥y.
Chrfst Church Woklng- Annual Report & Accounts 2023 CCW takes the safewarth'ro of thldren arml adutts Evwy yew our PCC adopts and implemenls the House of 8ishr4)s' Safeguardmg Polw Stalemenl. displayed in (he ¢hur¢h enlrances with contsci delails that 8nyone can use We use Ihe SalAguAlng Dashboarf lo track r prLsrfjss Compliar wilh policies and proc80rn. wJ this yearthe dic¢aso 1$ rolly +JuI a Safeguarding Trncklng Syslem lo help us wilh safw reernlmenl aTrJ train¥y of church stal vobjnbers for those working with children vulnerabla ajulls. All repLYted corwns contir¥J8 to be escalaled to the 'ocesan Safegu1"fa advis actKffl (Y adv. saf•warth offS are Rachel Alien for children ar¥J s8h Goddard fcf vukwable kn115. Conclusknj As we conlwiue lo fcyward Into 2024 bey1. l Consuj$ of the chalw ahead. with the cAJnlinued fundrain9 f Geway becomir•3 an rK¥easryty irnFant fws. whSt also at the same time nol losing sKJhl of our lmwrtI uydoing rniss aTrJ ministy - to grcw in IDve fc God. aThJ than sharing and shmng his lov8 in word a¢l)n. Tho way keep r eyes cn l)oth these prioiilies is to keep (yjr eyes fixed on Jesus al all 1Th8s who. as (Mx c¥KCh WeokéTrJ Away remwided us, aayS does "immeagJr)ly mor8 than all we clj ask (Y ffn4i. acc(Yding to his Fthver that ig at work in us-. (ephesians 3v20) Rovd Adrlan 8eavl Wicar of Chrfst Creh Woking, Chair of CCW PCC.
Christ Church Woklng- Annual Report & Accounts 2023 Sunday seNlce attendance statistics 2023 Avèrage attendance figures Adults Youth and ¢hildrnn' Serélce. 201 2021. 2022 2019 2021 2022 2023 8:0019:00 am 10 42 10:00 110.30 am 13 YcoJlh 45 Chiktren 16Yth 46 Children 16 Youth 54 Children 188 109 152 70 10:30 am- Onlln 79 6.30p 61 13 Not•s: • In 2019 rmming $8fvic•sknr• * 8.0)arn and and (aW in 2021 to 9".Ll)n 8nd 1Q.'30am è2020 attendarte fives pOr1ed dua to Co¥•J.19 pideMWrth aso inwacted eaty 2021 figur5 Youth aThJ childien reported in •Jtyt9at¢ fty 2019. ¢ for 6'.3fv sep4Ke 4kn to Ivw and irr•tyAar ThJmbws d worsNp seryKe reryesenl (e5 acmss •ach lull SUW reflecb'rwJ that households mty watch t03ellr on orw d¢vx ty s•p¥•t•ty devices at drfter•nl times over the course of Ihè Sunday Financlal Revlew The rn¢la1 stalemenls WOVKlé a eonsofthtad vw Ihe •Aivil$ d the coveTirvJ its mission, ministry and operaliMal trmjsinesses. The Reviow of the Year report above de5crites Ihe ful ran of events and activrties that the Chwc has and been ¥Nd¥ed thriig 2023. That said. ch¢h has been blessed wth 5U5taffted strlg regjlar giving for conliNw)g acli¥ities one4th d¢Thlions parliojlaty f our Gateway thurch wemises red&vekym&it FYLyg¢t. Total inCce rose £936k to £1,976k 12022. £1,038kl if1LKI1)ll a$9)cialed income lax recoveries. Unreslricled fund incorne from donLYS was £49S( sfptly LP from £488k in 2022. Restred funds income rose lo £964k compared lo £197k in 2022 w'marty lo th)nal•Jns trn two SpefiC grfi days for wr Gal8way projecl which amoLrÈled lo £881 k13)22". £39(l. Irrterest received on cash deposits increased to £38k {2022'. £8kl due to the higher balan(x invested on behaw of Gateway project which were invèsted at er interest rate$ th the yew. See 2 lrtcmne aThl Endowm8nls for lurther InforMatK. Tolal grants paid amounlwj lo £77k (222.. £75k). Tho Fyst Fwits desffjnated grants lund eomwises 5% ol the Fxevious yearfs reStrted donal10 NJ ttweftye fc 2023 was a lIar amour comp¥ed to 2022 During 2023, desig)ai8d fund$ dislrbjtnS of £25k 12022. £26kl was disiributed lo 5 12022. 6> partner organisatnS. Grants made from desvjnaled restricied furmls. irKludng our Isaiah FurNS loialled £77k12022.' £75kl whth were madtt to 2612022: 211 partner OrglsatiOns. See rth 13 Grants for lurtherirfofm8fy0n.
Chrlst Church Woking- Annual Report & Accounts 2023 Total expernlrture. exduding grants. Calé ¥d bocshop c4)8tS. to £1.042k compared to £940k in 2022. an iicfease of £102k. This char¥Je has resutted from in0$• In aclivrty SCO tyJmpar•d lo 2022 with the bienn¢ Churth WeekeTrJ Away arml new Associ Vicar as well as inflation which has been seen in higher $8lwy rates. ub.lrty ¥rNJ maw)lenarKo ts)sts. Business activities IT the Café. bookslKV COnferej rc4xn hire emoLmtwJ lo £472k {2022. £431k) increase of £41k with all Ihre8 •JMts dolNeMg impvoved parfonnanc• ccKnpared lo 2022 The nel protrt conlr)ution from the Café a1 t4)okshop after all assoGialed o)sls was £12k ompared to £9k 2022. ReverKJe mcome trn c(liferCIj r(Krfn h6 was £52k compwed lo £51 k n 2022. Total nel incnming resreS for Ihe UYCW TIe £8W (2022: £22k) duo to the Gateway woje donations. Fixed asset exp8nditwe wa$ £13k12022. £37k) was moslty fty the bjs15$ ac¢iviltO$. Total net assets reservo ftmds 81 yw were £2.614k crynpared lo £1.758k in 2022. Net rrent assets of the wp wwasecl by £85 to E2.439k 12022: £1.572k) prim*ily du8 to tt Gatèway woi8ci donations Nel asset balaeS rKluded cash Wsil balances of £1,734k 12022.. £1,120k). GaIaY projoct prePaentS of £4091 (2022. £374k) inc<e tsx recoverable of £248k (2022. £34kl UNeStrted Kwsed lo £8S)k (21rI2. L841k). Al the Y eThJ wtsstricled resèN8s, exdudiNJ fixed asset$ and Gateway Fxepaymwtts. wwe £2e6k12022: £28(A(} wlith is the ewivalenl of 101 days of corresponding Jxjrestrrcled expeTrlitwe (2022." 114 days). Oesignated funds were urKhanged over the yew ai £171k N0a$e<l to £1.593k from £746k, MalY due to Gateway project donalKns. Th8 fin8no81 $iatemeftt$ have tten prared in dance wrth lh8 Chwth Accwnling Regulatrons 2CQ6 together with Ihe aFwIcab &COLmling thdards the Char85 sialent of Rewnm&nded Pract ISORPI 2015, ACCnr0 arKI Reprylry by ChWrf. On behaw crf the PCC Adrian Vicar avis Jon Gale Dated 15 April 2023
Parochial Church Council of Christ Church. Woking Statement of Responsibilities of Mèmbers of the PCC The trustees (Membws of Ihe PCC) ere fly prepar¥w the Annual Re 8ThJ Ihe financial stelemenls accordants wilh appk'cabl8 law a1 Uniled KirvJthJm AccoLmling sdds (Uniled Krydom GerallY Accepted AccoJnling Pf8Cticel. The Liw applicable to ¢ariti8s in EnglarKI & Wabs rwres trustges to prepa fE81 slaterrtenls for eath rinanckal year wlwch give a true fair view of tr stale ot affaws of thè dprity and of Ihe uKoming resources and application of rewurces of the charity for Ihal pgritsJ. In IYep these financial stalemenls, th8 Iruslees are requ"ed • SeCt suitab18 accAXrtirKJ pokncies and then Ihem c£nsisia)ty, observe the methods and princpl8s in the Charities SORP: • make judgements estimO$ Ihal are reasonab arml ¥,. stale whether applicable accoL¥ilirvJ standards have I)e lokt•. &i8cI k) ary malwial departures (Jisclosed and explained in the financial statements. prepare the financial statem8nls on lh• fAxwr• basis is inapwcwiate lo presune that lh8 ¢harrty will contiwe in operation. Th8 Inthes e responsible fty keepiig proper recd$ Ihat disck)se wih reasonabb a¢oJra¢y al any Iwna the financial posil•)n of the a1 @nats Ihem lo engJe that the firwLa1 51alemenls comply wilh the Charities 2011, the Charity IAccourts Reports) Regulatn5 2(Th thè ryovisions of Churth Attounling RegulalKJns 2(X6. Th9y ara also resronsble for &ifeguar(firKJ the assets of Ihe chority aTrJ henc8 for ling reasonable steps fr the prevent1 deiedw of frd ar•a other irregularil*$. Dated 15 April 2023 By order PCC
Parochial Church Council of Christ Church, Woking Auditors. Report Indèpendent Audllofs Report to the Member5 of Chrlst Church Woklng Parochlal Church Council (the PCC) Oplnlon We have audited the finaio81 slalem&rt$ of PCC its s&>s#Jiary (the group) for the year eTrd8d 31 December 2023 whieh ccmwis8 Consolthled Statement of F¥wla1 Activilies. Ihe Consolidated aThJ Company BalarKe Sheet. Consolidated Cash Flow St81ement the noles to the financial slalemenls on pages seventeen to thirty. The fanCl rep(Yling that I$ tthn #Pled their preparation is applicable law Unilgd Kingdom AccoUntg Standards (UTht8d Kng(knn Graty Accepted Acctrjni9 Pract) includng FInCIal Reporting Stand¥d 102 The Fmanoal Repxytry StwwJ¥d a)18 in th8 UK a1 Rewknl of Irel•1,. In our opirmon th8 financial stalemerts: give a true arrfl far VI of stalo ¢Y tho wp aThJ the parenl affars as al 31 D8camb8r 2023 WKI ol th8 orcyjp's inc¢¥nirrfJ reswces of r95cuces. cludg ils Aiccffie exwndilur•. for th8 year then endéd; have been propwly preparej in wth Ufted Gealty Ac£epted Accwnling Pradt¢e; and have been prep8red ui 8cwdan¢e Ihe CIwil Act 2011. Basls for oplnlon We ndUCted our audit In aceordance with Inlemalicnal SlarKlards M thtiting IUKI IISAS IUKI} and aFplicable law. Our responsibilrties under I)se slaNJards are fvrlh8r des the Auditors re4)onsbilrties for lh8 audit of Ihe financial statements Section of POrt. V¥b are rthpend8nt of tha eh¥ity in accordance wtth th8 ethical requirements Ihal are relevant lo ow audrt of the fin¥#1 stai8menls in the UK, wdIng thè FRC'S Ethical Standard, and we have fulfilled CNJr other ethical r•sponsibil(¢ies in 8cccYdanee wilh these qUIreMen1s. We b81i8ve Ihal the alIt evtdance we have oblained is 1¢nI arthj to a basis for cy•)[L Conclusions relating to golng concern have noihing to r¢wt n iespect cl the foltrAYJ mattws ¥1 relaiK)n lo whNJ) lh& ISAS (UK) reque us to rewt to yw wero.. th8 members of the PCC'S use d Ihe ccffwn ba&s of accthmliThJ in thè Weparat)n of the finCial slatemenls is not appropyiate.. or the members ol Ihè PCC have mt di%ck)sed n If SlateMlS any identifd matefial uncertainlies that may cast signrfunt doubt about the th¥115 lIrtY lo conlirug ¢0 adopt the going concem basis of accounting for a Per of at ieast twelve mcnths frtyn dale when thg f1 Statem19 are aulPw)rised for issue. Other Infomiatlon Tha rnémb8r5 of Ihe PCC are resFon$bi 18 for the olhgr infomalion. The other information Comprises Ihe information included in the annual reFQrt, olher Ihan the fiano81 statements ¥KI w ReF#Jt of the Independent Auditors Irean. Our opinion on the financial statentS lkns rK)t lh8 Olher arwj we th) not exp$$ fom ol assurance conclusion Iher¢on. In wnneclim with our aj11 of the fimrtial ststements. resF¥Ms•Jility is lo read Ihe othèr infomation and, n th)ing so. consider whelher Ihe other 1rdmation is rnaterAl irthnsislent with the final sta18ments or r knowledge obtained in the audit or otherwise aroears lo be malefially misstated. ff. based on the work we have wfomied. we conclude Ih81 Ihere 15 a material misstatem&M of this olhef Infcrnat. we are UIred to rewrt that fact. We have nothing lo repLVt n this r8g*d. -10-
Parochlal Church Council of Christ Church. Woking Matters on whlch we afo requlred to report by excep We have nothing lo rewt in respe( of the folowvJ mallws wlwo Charrties lAClt$ and Rep)rts) Regulations 2008 requns us to rep1 lo you rf, in rAx rion. Ihe Kifiymation Lyven in thp $tatwwrt$ is y$1ent n ary malertal respect with lh8 trustees. report," or ffiuenl a¢¢omling reoxds have mt been kept: or Ihe fnancial Stalem15 are not in agyeemenl with the &coL¥rtwvJ records. or we have not received all ihe wrfomkn •xpl¥tIOnS rewre for OLK &KJil. Responslbllilles of the mernbepJ of the PCC As explaned more fulty in Ihe Statement of ResP&bil5 of Mernbors of PCC set cmjt on page 9, th8 memb8rs Dr th8 PCC are resp)nsible the Fffeparaih)n of the fin31 stslemenls for bero satisfd thai Ihey give a IrL and faif vi. and for such intemal 0)ntr as Ihe Irustees d8t8rmK is 1CeSSary to enab Ihe weparalion of fInCIal ststem¢rns Ih818re free from materid misstatem•rt, w11 lo frajd (r error. In prewwig tha fr181 statements. members of the PCC resp)nsible for assessing the charills ability lo nlinue as a going concem. disdowg, as 8pplicable. mallers related to cM¢em and using the 9)ing concem b8$is of accounting unléss thé members of the PCC either irrterY to kwidate the charity or to cease ¢)pgrations, or have no realistK altemalNe bJi lo do so. Audltorf5 responsibllitles for tho audit of the financlal statements We have b¢¢n wiinted as aLKIitcf WKlèr Sect 144 OF ts c11185 Acl 2011 and ptyt n accordance with lh8 Act and e¥an1 regukgtK>ns made or hav9 effera therats. Our objectivgs e 10 obtsi'n reascliable assw atout fin481 slatemerls as a wFKAe are free from material misslalemenl. whether to LY em)r, and Io issue a ReFKSrt of the IrKleFendenl Auditors thai includes our opThon. Reasonable assurdnee is a hi level ol aSsL¥ar8 Ixrt is not a guaranteg Ihal an audit coftducted in accordance with ISAS IUK) wll aayS detecl a material misstatemert wknen it exists. Misstatements c8n arise from fraud error and we considered material rf. xidpiidualy oy hl th¢ aggree. Ilw ccrtjkl reasonably be expecied lo influence the econom deciS)nS of u$er$ tsken on th8 basts of these fThncHI slatèmenls. Irregulaiiies. inehjdro fraud, instwtss of mCvance with laws retytstions. design proceOJe$ in line wilh our responsibilrties, outlined above. lo detect material mwialements in respgct of wrfgularilies, including Iraud. Th8 0Xtent to which ow proce{85 we C4)26 crf detec ¥reguritos, inclLMfing fraud is dgtaibd bélow.. The extent to whkh tho audit was consldered Capab of detscting irrogularltles Includlng fraud Our apwoach lo idenlrfyir4J aThJ assessrrfj lh& risks of material misstslemenl n respect cl irregularities. nckxling I[d non-complianc9 With I•Ys ¥KS Wux. was as lolb&' the engagement partrr en$LKed that the ergwenl leam collecliv81y had the approwiale competence, capabilities arml skills lo ¥JeNrfy ¢X re¢ognis8 KMplianCe wlh appkcable laws and regatIorts,' we idenlrfied th8 laws and reguL8tnS applic)le lo Ihe tharity OUgh disrxJss•)ns the members of the PCC and other management. and from ow cMeral krthvlechje experience of the sector., we focused on specrfic laws and regulatior we considwed may have 8 direcl mai¢rial effect on the financial slalemenls or the cyeral*)n$ cl ts o)mpany. UdIj lh8 charitS Acl 2011. data protection, employment, child proleclNJn and safegJ¥thrKJ. foLMI hygiene envKor#nental and healih and safèly 18gislalKJn-. we assessed ts extent of ccthpliarte with the1& •¥J rewlakns Wjentd atrx)ve Ihr(Kth making enquiries of management a1 n5P8ciing legal Correswtsj'. and Njentifièd laws and rewlalions wwe commurdcated wilhin ts a111 tsam fegulJly lh8 remained alert lo instances of rnn-compliarKe trghoul the a11.
Parochial Church Council of Christ Church. Woking We assessed the susceoknility d Ihe ccmpanvs tTh7Kial statements to maierial misslatemenl. IndlIng obtainiThJ d8rstanthThJ of how fraud mi1 o(w. by". making eTh]uiries ol man•Jement as to where eid8d thw8 was suscept11lY lo fraKI, trir knowlédge of &tual. gjspected alkd fraud: aThJ considering the rtem81 contr$ in plxe to mIale risks of IrwJ n-MperKe with kws and reg(aln5. To athjress lh& risk of fr&xl throLw>I manag11 bias ovm ContrS. we: perfomied anatytical w(dureS lo Kjentify ary Lmusual (Y wwecled relaiionshrgs; le$led journal entr$ lo idenlfy urvjsual IransactMYts'. as$05s8d whetherjudgernent5 and assumFrtK)rts made lh8 accntird eslinales wwe dicalive of potential bias; and invfrstigaled the rknnale or urwsual Ir1 In rèsponsg lo the nsk of irregul¥iltes cp1 Wbth l•vs wvj iewlations, desKJned wocedures wtrxh inctuded, bul wèr8 r1 Imried to. • aorèèing fanCIal statem1 dis¢h)wre$ lo myerlyry SUKWting do(x¥nentalMJn.' enquiring of man4emenl as actual wjd tentsaI ktytiw cla& arKI reviewing CLvra$pKj8n¢fr with rel8va)t rewlatty5. There Inrent limitations w0d[e$ ¢Jas¢d aix)ve Thè fanoved that laws regulations afe frun financial Iransacticrts, the less likety it is that we wouhj becon8 of r)npI1an. Audit¢ng standards also limit Ihe audrt pre¢edurfjs fequiced lo identty non<rynplwKe wth laws arKI ffjgulaiions lo frnqury of the mèmbs of tha PCC and otPEr Managent arrtj the insp8etM cl rewlatory and legal &YSPOnder. if y. Material misslalements th81 isè duo lo frajl ean be h¥¢er io ddect lh lts)sa that isa kn error as Ihey may involve deliberale concemenl or colts Use of our report Tlis rewt is made solety lo Ihe mambefs ol Ihe PCC. as a bJy. w) aca]rd wrth Chaptar 4 of the Charities Act 2006. Our ardil wryk has ten uriaertaèn so th81 we mthl state lo Ihe members of Ihe PCC thosè mallers we we requirJ lo stale lo them in an auditrys, reFM%t and f¥Y no other pwpose. To Ihe fuNe¥l ?xlwrt permitted by law, we do not a¢¢ept ly assume responsibikty lo any¢Th other Ihe PCC and the member5 of the PCC as a body, for ojr audit work. tor this fepm. ty lor op)nS wé hav8 I(j Shaw Gibbs (Audit) Ltd., Statutw 264 8anbury Road Oxford OX2 7DY £kn Lan Redman Isenicy Statultyy Auditorl F81 on I10r Shaw &'l)bs (Authtj Ltd. -12-
Parochial Church Council of Christ Church. Woking Consolidated Statement of Financial Activities For the year endlng 31 December 2023 UnreslrKted Degnated Reslricted Total Group Total Group Funds FLnds Funds Funds 2023 Funds 2022 Note INCOME AND ENDOWNENTS FROM Donalions from donors Other donations and legacies 2a 2b 495.441 1.978 g64.635 2.971 1,460.076 4.949 595,856 2.952 Incomiry reswrces frcffl operalirwJ livities.. To further Ihe Coun¢il's oty'e¢tNes 471.$30 471,530 431,424 Income from inveslmenl TOTAL INCOME AND END0ENTs 2d 1.530 970.479 1.CK15.215 1.975.694 1,038.IX EXPENDITURE ON Grants Activit$ tecily rdated lo wot of the ¢hurch TOTAL RESOURCES EXPENDED 2S.OKI 51,716 77.106 75.X6 72.322 124.038 35.132 NET INCOMINGIIOUTGOINGI Transfer b8hveen furNIs 10.087 532 135.132) 881,177 856.132 22.418 NET MOVEMENT IN FUNDS {)> 846,667 856.132 22,418 BALANCES BIF AT 1 JANUARY 171. 746,246 1.7Sg.036 1.735.618 BALANCES CIF AT 31 DECEMBER 850.249 171.LK6 1 $92 913 2,614 168 1758,036 -13-
Parochial Church Council of Christ Church. Woking Balance Sheets as at 31 December 2023 Note Gr(w 3Y23 (>oup 2022 PCC 2023 PCG 2022 FIXED ASSETS TangitA6 Fixed assets Irweslmenl Assets 174. 186.338 162,987 178,1 174.8fA) I.338 162,994 178 197 CURRENT ASSETS SIck Debtors Short Term doF*)Sits Cash al Bank and in Hand 94,178 87.547 443.554 770,123 349 939 865.261 1,022.469 625,281 747,105 300 353 1.(E0.6 673119 1¢ 1 672.739 LIABILITIES. AMOUNTS FALLING DUE VIITHIN ONE YEAR 10 75.09S 79.465 49.490 49,010 NET CURREfvif ASSETS NET ASSETS 2 614 168 FUNDS DeSnated Unrestrled Restred 171.lx 850.249 1 $92 913 171, 840.694 746.246 171,OC6 882.081 171.096 884.581 2614 168 2.646.tM)4 1,801.926 The notes on pages 16 to 28 fomi part of these accounts. Approved by the Parochial Church thncil on 15 April 2024 arKI signed Cjn its behaw by: Adrian Beakfjs Vicar I Pearce Ward Ch -14-
Parochial Church Council of Christ Church, Woking Paro¢hlal Church Councll of Chrlst Church, Woklng Statement of Cash Flows for the year ended 31 December 2023 2023 2022 CASH FLOIWS FROM OPERATING ACTIVITIES Nel cash generated from IJp8rabry activits 588,135 12.173 CASH FLOW FROM IN%sTING ACTIVITIES Interest received Expenditure capital Items Nel cash used fcrf invastThJ xtiviiies 39,139 7.768 CharvJè In cath and cash 8quNabrts rep(xtThJ pwm 613.863 (17,5391 Cash and tash equNalenlS at begrnrwJ cl lh8 reptry perKxI 1.120. 1,137,601 Cash aThJ cash equivaknls al Ihe end of the P)d 1 733.925 1 120C62 Clas3ifd on the balar sheet as Slx)rt lerm deposrts Cash al Bank aTrJ in harKI 1.060,& 673119 1.733,925 770.123 349 939 1.120,C62 NOTES TO THE STATEMENT OF CASH FLOWS.. A. RECONCILIATION OF NET INCOME TO NET CASH GENERATED FROM OPERATING ACTIVITIES 2023 2022 Nèt surplus the year Ots {b55 on disp)sal of a$selsl Interest received O¢precialion of tsible assets (tncreas8ydette8se Ki debltys {Increasey decroase in slod< (Decreasey increase in uedilors NET CASH GENERATED FROM OPERATING ACTivrriES .132 316 (39.139) 24,573 1242.7461 (6.6311 4.370 588,135 22.418 {7,7681 32.795 163.6841 {6.2981 34,711 12,173 -1
Parochial Church Council of Christ Church. Woking Notes to the Financial Statements For the year ended 31 December 2023 1. Accountlng Policles Th8 farKl slat9ments have been prepwed in aco)rdarK wth Church A¢lift9 Regulations 2C4J6 together with the Chanlies SORP {FRS 1021, Accourrtw and ReFMry by Char41ies Slement of RecommeTrded Practice applicab lo tharties preparfftg tsir aeecths oJrdanc8 with the Fina41 Reportwo Standard applble in Ihe UK and Republic of Irelaryj {FRS 1021 {8ffedNe 1 ju&Y 20151. Financial Reporting Standard 102 'The Financigl Reportng Standwd appl¢&)le UK aTrJ Republ of Irend. and the Charities Act 2011. The financial Swemenls have teen ppared h"stoncal cost cnnvan1lc except for tha re-valualvjn of ¢ertain fwed assets include Ihe results d the duch of rts subSKjry company, Origin Books & Media Limited. Funds Unroslricied fLmds reFYesenl the lunds of the PCC that ¥8 n( &J'8d to any restridion r8garding their use are available lor application the genwal PMJwses of the PCC Fd$ deswJnat8d a partUr ppOS• by thé PCC are alsa unresliicled. Tr CoMe 10 re51rKted fwKls is restrted by donors. The accounts Include 811 transactitM$, aet$ habihts th8 PCC is resFonsible in L4w. They do nol indude the accounls of church gr0S that (xye man affiliats io another btyjy nor those thal informal galherYKJs of churth members. Income and endowments Volunlary income and ¢8Ptal sour$ Colle¢lThis are recc2nised when recewed by or on behalf of th8 PCC. Planned giving receivable Lnder Glt Aid donatKnS 5s rew)ts8d only Vth received. tnc<)me tax recoverable on Grfl Aid dOn1c ts recognisod the rKome is reccgnised. Grants legacies lo Ihg PCC are acCoued as soon a5 the PCC is of it5 legal enlillernenl and the amcwt d. Fund$ raised by events we acccurted for of expenses. Sales of b)d(s arKJ cthèr itém$ frcrfn the sale of forxl (trink from th& Café are a¢OnIe fcf wss. Olherorthnary incomg Rental in¢crfne the lettng of churth wemises is rwtsed the rental is due. Income from inveslrnenls Dividends and interest we nted fcy Wh rec•wabl8. Tax recoverable on such inc0 is recognised in lh8 same account0 year. Gains and tbsses on inveslnErts Realised gains and lossés reccwJnise¢J kni nves1MtS ¥e soba. UNealised ga$ and l)sses are a¢¢wited fty on r6vaknalion of nvesiments al the balae sheet date. Consolldatlon The results ol Orign Borths & MedA Ltd tre year erKled 31 De(xnb8r 2023 havg been consofbaaled on a h'ne. by4ir basis. The company is [lted by shares uThler Ihe c*ntrol of Ihe clwrth.
Parochial Church Council of Christ Church. Woking 1. Accountlng Policies (continued) Expènditure Grarts Granls and dfyplb)ns we for paid over. (x Wded, rf that ward ueales a bmding obligation on PCC. Acliwis threctly relatiw lo the ¥)rk dthe dwrdj The Dioce Parish Sh¥e is a¢¢ourted fc when payable. Operating Leases Rentals paid under operatirKJ leases chty lo the statement of Fin¢1 Aclivili85 when InCred under the terms of nIel a9reemonl. Penwons The church operaies a stakeh)Ider Pensi scthe. matchitvJ empbyee conlnbLth'ons up lo 5% of salary. ConlrtJJions payable lor the yw are th¥ged n th• statement of activths Flxed Assets Consecr81&l land and and nwable chittrh fvrrrithrus Conseuated and tofd woperty is eXCkwd tr(Kn Ihe a¢4JXmt$ by $.W2Xal of Ihe Charth'es Act 199 No value 1$ plo¢ed on movable chwch fwnishrys hehj by the CtKthV8rdS on spB¢¢al Irust for the PCC and which require a far#Jlty for disposal 5nC8 the PCC ccmsiders this lo be inalienable property. All expendiiur8 incurred during the year on c(SeCrated or be buihJing$ and movable chLrch lumishings. whether mainlgnanee or impro¥emenl is written off as expWNjite in the SOFA aNJ separatety discksed. Unconsecraledlandand bthlthngs Urtonsecraled land and buildirKJS are recorded * (x)sL or. il acwed prior lo 1 Jawy 1995. al market value as 81 1 Janu 1995. Depreciati is (tsrged on bjikliros on a straKJht-Iine basis over currently anlicipaled useful econom life offrfky years. Tangible fixed assets Depracbation is calculated lo wrrte off the cost d fLxed assets over Iheir e$timd useful lives by equal inslalmenls with a full annual charge in the sar ol acquslln. Assets under £5CKI are not caaliSed. Thè FncIPle useful eConorn IN8s applied cal(lat9 dewe¢iaM)n we as folby•.' Freehokl and buildirKJs Equipment Furnilwe arKI Filtmigs Over 50 years Over 4 years ¢)ver 10 years Inveslments Investments are vakjed * markei vab al Ihe balanc8 sheet dal8. Current Assets Stock is ¥ald al the knver of ¢osl and r1 realis Valug Amoun15 cr141ng lo the PCC ai 31 Deeember in respe(a of fees. rert5 or olhef income are slknyn as debles ss prOwSn for amounts that may prove uncollectitde. Short tem deposits include cash Ij deF#)Srt eiltr*r wth lh8 CBF Cch of Engnd Fur¥Js or at the bank Taxatlon Corporalion tax is chargeable on Ihg Qan fron Ihe c1Yrferevj 1Xe5s. unless thg Ilrner is beb)w the small tr&Jing exemplvxi lllnil. -17-
Parochial Church Council of Christ Church. Woking 2. Income and endowments from ueStr1ed Deswlgd Restricted FuKI$ Fu)ds 2023 2022 2{a) Voluntary Income from dor9 Planned Givir*J Gift don8tw)ns IrKome Tax r8COV8rabl8 Oihor planned giving 294.109 78.777 703,577 997,686 175,893 254,670 85 165 207.720 964.635 1,460 076 359,574 98.348 21bl Oiher ¥ont orne Grants Leg&tes Childr8n's mNiisty ncome Youth ministry inC¢e Other lrtome 1.500 1,108 176 747 176 1,471 952 2 {c) Cmjrch Activilte5 Café B¢)okshop ConferèMcirrfJ rrx¥n knre Rental income Fees 268.280 142,922 51.635 8.638 75 244.140 134,61)) 50,589 1,300 795 142.922 51.635 8,638 75 471530 431424 2 Idl Income from Investments Interest TOTAL INCOMING RESOURCES 970.479 1.005,215 1.975,694 1,038,000 3. Expenditure on unrestrad Desne Restricted nds FuThJs Funds 2023 2022 31a) Grants MissionY 8nd charitab Giving Church overseas missi(ary s0oe15 Relief and development agenc¢es Home missions and chwch soaelies 16.4fy) 4,740 950 20,240 35.860 21,057 9.580 35 809 16,317 31,559 -1
Parochlal Church Council of Christ Church, Woking 3. Expendlture on l¢¢)nllnued) 3(bl Aclivilie5 direcily relating to ¢h& of ChLffth Unrestrvxed DewHted Restricted Funds 2023 2022 lthni5try.' D¥)ces parish share Teachin9 8j Ministry Clergy hou51ng Church running expenses.. Uldities Insuranc• Maintenance Conferencing Other Mni¥ry.' Chiklr8n's Ministy Salarios Chibdren's Ministry Expenses Youlh Ministy Salaries Youth Ministy Expenses Pastoral Ministy Salaries Pastoral Ministy Expenses Outr&%h Expenses Church Services Christians Again* Povwty sakr Christians Against Povwty exp•w$ Music recitals ChLw¢h Centre cosis ChLYch weekend away 8ookslv)p cé 119.373 19.781 119.373 19,781 6.567 121.704 1,420 4,182 6.567 65.649 9.798 43.658 6.907 65.649 9.739 47.192 6,gJ7 48,592 9.810 44,251 2.320 1591 42,298 42,298 3,991 32,491 3.352 21.241 2.095 1,439 4.511 21,671 8.529 708 102.034 34,598 3,533 34.789 34.598 34.789 2.979 1.552 4.531 22.eJ)S 81.795 81.795 39.151 149,503 245.918 49 39.151 149.503 245.918 144,C61 224.348 Gateway expenditure Printing. FK)slage and stalhM Admini5tralion salar Telephone and communic4lion o)sls Management fee5 Bank charges Accountancy Fees Staff TraIng Oepre¢k?lion Loss on sale ¢)n fixed assets AuditOT'S rem0[all¢ - 49 23.627 14.789 14 23.641 14.789 21.658 17.184 1.888 3.341 1,260 4.413 1,976 431 7.358 24.573 316 7.358 24,573 316 12 988 32,795 10.042 72.322 1.042455 940.376 TOTAL EXPENDITURE 960.392 35.132 124.038 1.119.562 1.015,582 -1
Parochial Church Council of Christ Church. Woking 4. Stsff Costs Wages and Salaries PensK>n Cos15 Social Secunty Costs 373.708 16,838 23.6 414.242 18.814 25.251 444.113 Average nunber of lull lime equivalent 1P7YeeS Youth Mintsty Pastoral Ministry Chihjrens Ministy Worship Ministry Church Cgntre Adminislralwi Christians Against Pov BooksfP Café 0.6 154 149 There were m employees wilh OJMts m ex¢e$s d W),CO) year. S. Members Expenses Expenses have been pa lo the CgY memb8rs of the PCC n Cor¥cl)n wilh th8 Cra out of their offic. These include travel and sub%slenc¢. poslag8 telephorn, trainmg bcK4(s. and hospitalrty. A total of £631 was pajj in the ye8r12022: £859). No other payments or exp$99 were paid lo PCC momtws. porsM$ ¢(ffwBdgd kn tM or reFaled wtios. 6. Related Party Transactions Intercompany Al 31 December 2023 Irwe was an oulSlaTrJng balaxe from rts subsKil Orign Books aThY Media Limited £63,01412022. £63,014). No inlwest is charged on Ihts loan aThJ il is Ihe mienih?n of the church to coniinue to suppc*t its subsidry.
Parochial Church Council of Christ Church. Woking 7. Fixed Assets for use by the PCC Land and Fumitwe arvj Frtlngs TPWGIBLE FIXED ASSETS (knp Adual /Deemed Cost FCC Cyigin Al 1 January 2023 Additions th'SPOS8Is A 31 D8cembr 2023 Ewipment Total 210,C 121.186 19,0) 140.236 12.611 334,630 36.8 371,526 665,816 55,946 721,762 13,411 2374 732,799 210.CO) 210CCQ 150,473 372.326 Depre0atl pcc Oruin Al 1 Jawwy 2023 Charge for the Year Disposals Al 31 December 2023 111,998 15,616 127,614 7.625 276,228 32.182 8.410 16.948 487.626 99.4rxi 535,424 24,573 133.181 557 939 N•t Book Value At l Janu8ry 2023 110.6( 186.338 Nel Book Value Al 31 DeClter 2023 110.6cl 46,968 pcc ActUalerned Cosl Al 1 Juary 2023 AddilM)ns Disposats At 31 December 2023 210.1Krf) 121,1 334.630 e65.816 5,635 L2,374L 669 077 2.374 210.> Depreuation At 1 January 2023 Chge fty the Ye Disposal$ At 31 December 2023 111,998 276.228 15.462 487,626 20,522 99 4CQ Nei Book Value At 1 Janu¥y 2023 110600 1781 Nel Boc4( Value At 31 December 2023 110.6(KI 8,647 43,740 162.987 Freehold 18nd and twildiThJs represert a woperty that is oJrerty Ltsed by the As5cciate Vr n Orchard Drive, IAbking. Th8 deemed cost is Ihe PCC'$ estmate of mwkd ¥abJo n 1995 th Ihis assel was first recognised in the accounls. -21-
Parochial Church Council of Christ Church, Woklng Investn7ent hxedAsS8ts The entire share capilal of Origri 8(9 & med Linrteo. frner ne Beacon Ictrtsl Churthl Limited. was acqured on 2 Janu8ry 2004 for Ihe nominal of £1 pw share. 8. Analysls of Net Assets by Fund UnreStrted Fulds Deswled FuThJs Reslricted Fur•Js Group Total Funds Fixad Assél$ CLfftnl Assets Current Liabililtes Funds Balance al 31 December 2W23 174,8e 7.484 174,860 2,514.403 171.(K6 1.592.913 850.249 1 $92.913 2 614 168 pcc Fixed Assets Current Assets Cu(renl Liatrmlities FuTrJs Balan at 31 Decembw 223 162.994 768.577 49.4 882 C1 162,994 2.532,50J 171.( 1.592,917 1592917 Al ye8r end Group Unreslricted Not Cmnl Assels. w of Gateway prepaymen15. were £266,303 being crent Assets £750,484 less Gateway Prepaymts £409.086 less Cwrent Liabilities £75.Ce512022.. £280,170). Th85e reserves r8pressnled 101 days {2022'. 114 days} of Urnestrted ExpeThJitwe as kn n the $latement of financial actwrties1£266.312 1 £,092 x 3651. -22-
Parochial Church Councll of Christ Church, Woking 8. Analysis of Funds Transf b8tween funds Balance al 31 December 2023 Bace al 1 January 2023 Inccm)ry Rescwce Resource ExpeThJed Deslgnated funds, Dasignatod Grants Subtotal Charily and MissK 103 25.090 25.0 13 103 25 090 13 Cyclical Repairs Major Repairs Orchard DnveNicarage Gateway Proje¢t Sublolal Buildings Totsl Deslgnated fimds 21.783 39.326 10.184 99.700 170.993 171.096 13.402) 3.402 21,783 39.326 10.184 99,7CQ 170 993 171.006 {6.640) 10.042 35.132 10.042 Transler btheen funds Bafance al 31 December ealanco ai 1 R¢stri¢ted Fund¥ Reslricled GrlS Henry Smith2 Healing on the Streets Christians Against Povorty Christians Against Pov$rty- CAP Job Club 6,128 1.134 169 5.165 s7.1 2.286 (53.CQl) 11,299} 168) 126.642) 10.337 2,121 101 1,016 22.493 13 13 Besom 99 Overseas and Youlh mission 13559 Subiotal Charity arKI Mis$ 26 c1 82.184 Children's Minislry Paslorai3 Growiro Leaders Care Network FuThY Church Weekend Away Warm Welcorne Space Subtotsl M15 428 428 3,786 488 180 25 {2731 {39.0821 458 5.130 3) IT and aud wsual Subtolal Equipment Restricted Buildings Fw Gal8way Project Subtotal BuiklirKJs 3.750 3,750 1545 691 1549 441 881629 881629 Total Restric¢ed Funds 746,246 1.1N)5.215 124.038 34.510 1.592.913 l The Desigrtated and Reslricted Grants fvnds a trmissionay aTr# chantable giving. The Henry Srnith Clthy fund is used by the Mcar tslhose in need- resfnded to a speoffc 980JraptsG area. 3 The Paslorai fund incl185 gtts lof pastor*actiwty. ind4KlirG chuth e¥ents PCC fuThJs are as ¢knup funds. exu9 the Grwj ReslrKaed Buihjrys -2>
Parochial Church Council of Christ Church. Woking 9. Debtors Grw 2023 (>w 2022 PCC 2023 PCC 2022 Income Tax Recoverable Arnounis due from Group Und8kl9 Prepayments and Accrued Kileresl Gateway Prepayments Other Oebtors 248. 33.773 248.089 181,017 14.198 409.086 12 871 865,281 33,773 187,351 17.860 374,186 14.197 17. 374.186 17.735 443,554 686.30) 625.281 The Church's loan lo the stknsidiary is repayab demaThJ ChCh considers Itis 10 be a Iwtem receivablo as il unlikély lo b8 r8paid withm a year. 10. Llabilities: Amounts Falllng Due Withln One Year Grw) 20f2 PCC 2023 PCC 2022 A¢eruals of ulilty & other costs CreditS for goods and Olher creditors & dgferred lice 39.176 13.440 22.479 75.095 35.826 .884 9,880 2.726 49.4 33.374 15.320 316 49.010 20,674 79.465 11. Capital and financial commitments There we no capital eommrfmerts or fina1 c4)mmrnenls ur<watiw beases 12. Taxation The is no lax Payab for the year120. nil). -24-
Parochial Church Council of Christ Church. Woking 13.Grants Urrestrthd Oesonaled RestrKled 2023 21f23 Group 2023 Group 2022 Grants of £1.CrfX) ovèr A Roeha lemaI10n3l Across Aro¢h8 Besom Bethesda Lrfe Centrg Christians Agawi$l Poverty Church Mission Society Elam Engage Woking Failh to Share Fusion Intern81ional Minerfs Mis$b)n IIMM) James 1 V 27 Foundation Mahabb8 Network Inlernatimal Match for Mission M8ybury laptops OMF Iniernational UK Opèn Doors Turning Po¥)t Trust Vwiffe Bible Translalofs York Road Project 750 3.OC(I 4.400 1.LKJO 3.449 3.449 2,426 6.000 8.013 2.950 750 10,CDJ 10,(M)O 7.C#)O 1.500 3.000 1.OCK) 1,320 3.150 1,CrfJO 6,)0 1,000 3,000 8.4 10,100 750 12.125 8,080 3,240 8.rffj7 11.307 7.8 23 940 45.766 69,71 72,341 Other grants of less than £1,0(X) Total grants 25.09) 51,716 77,106 75,21% Grants ioiaM8d £77.106 {2022.' £75.2CBI which were maje to 26 oYgani¥atiMs {22 211. There vRr& rn grants made Irom unreskn.ctéd furKls13)22'. nil). During Ihe year there were no granls lo iMINAknls (2U22. r¥ll. -25-
Parochial Church Council of Christ Church, Woking
14. Comparative figures for Statement of Financial Activities For the year ending 31 December 2022
The below note provides the comparative figures for the 2022 statement of financial activities split between the different classes of funds.
| Note INCOME AND ENDOWENTS FROM Donations and legacies from donors 2a Other donations and legacies 2b Incoming resources from operating activities: - To furher the Councils' obectives 2c • Income from investment 2d TOTAL INCOME AND ENDOVENNTS EXPENDITURE ON Grants 3a Activities directly related to the work of the church 3b TOTAL RESOURCES EXPENDED NET INCOME/(EXPENSE) TRANSFERS BETW N FUNDS NET MOVEMENT IN FUNDS BALANCES 8/F AT 1JANUARY BALANCES C/F AT 31 DECEMBER |
Unrestricted Designated Restricted Total Group Funds Funds Funds Funds 2022 £ £ £ £ 488,008 107,848 595,856 1,844 1,108 2,952 431.424 431,424 1 274 6 494 7 768 922,550 115,450 1,038,000 25,680 49,526 75,206 897,923 8,311 34,142 940,376 897,923 33,991 83,668 1,015,582 24,627 (33,991) 31,782 22,418 (4,350) 42,462 (38,112) 20,277 8,471 (6,330) 22,418 820,417 162,625 752,576 1,735,618 840,694 171,096 746,246 1,758,036 |
|---|---|
-26-
Parochial Church Council of Christ Church, Woking 15. PCC ststement of Financial Activltles Total pcc Funds Unfestrthd Daswed Restricted FurKIs Funds Funds Total PGC Fd6 2023 INCOMING RESOURCES Inccrning resources fr(Mn don¢xs Other ¥olwlary incoming T8UrceS InmIng reswces 0ratir Adivilies to further thè PCC ot4eclivg5 Iru*me from investment TOTAL INCOMING RESOURCES 2a 495.441 .635 1.460,076 595,856 2b 1.978 2.971 4.949 2,951 60.349 52.684 2d 1.211 $58.979 1.(K15,215 1,564, 194 659.241 RESOURCES EXPENDED anls P£livrties diredly related to the of Ihe church TOTAL RESOURCES EXPENDED 25.090 51,216 76,6C 75.2C6 643 509 570.446 35.132 124.038 720.115 645,652 NET INCOMINGIIOUTGOINGI BEFORE INVESTING ACTIVITIES (1.9671 (35.132) 881.177 844,079 13.589 CAPITAL EXPENOITURE BY FUNDS TFiANSFERS BEThEEN FUNDS 8 i34.) NET MOVEMENT IN FUNDS 12.4991 846.667 844,079 13,589 BALANCES BIF AT 1 JANUARY 171.096 746,249 1,801.926 1.788 337 BALANCES CIF AT 31 OECEMBER 171.rxE 1 592.917 2 646 004 1.801.926 -27-
Parochial Church Council of Christ Church. Woking 16. Origin Books & Media Limited Ongin Books & Media LKnrted 15 a subsdwy of the thjrth and operates a boc4(shcp and Café within churth premisos 11 is recognised that the Otigin 8orA(s 8 Medra subsKliary was in mat8rial dgfiol al the year end. The PCC intends lo eontinug SLWOrthlg Origin Books & M8dia. Recenl years have shown wfils Ihe erit is 9radually reducdng. Al 31 December 2023 rt had current assets of £162.919 (2CQ2. £165,775) lithlilies 01 £2LE.620 (2022.. £217.8051 and deficil of £31.829 12022 £43.8831 The suMmY of rts aThJ h)ss a¢1 for Ihe year ended 31 Deeember 2023 is as folbyws: Total Irome Total expenditure 413.12 1401.1C6) 381.701 {372.873) Profrt for Ihe year 12,054 8.828 The stock stthvn in thg grLKP baknce sheet u)nsi3ts Irf bod(4 med. gffts caterr4J su85. orIn Books 8 Meth'a knmiled files its thyn sep¥e entity aCtnIS With CleS Hse with wisl¥ed number 02581840 {EnglaTrJ and Watesl -2