Charity registration number 1130133 ST FRANCIS CHURCH ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
ST FRANCIS CHURCH LEGAL AND ADMINISTRATIVE INFORMATION Trustoos R8V8rend Canon Jean de Garis. Vi and PCC Chairman Charity number 1130133 Principal address The Parish Office St Francis Church Beatn' Road Salisbury, SP13PN Independent examiner Moore (South) LLP Chartered A(tountants 33 The Clarendon Centre Salisbury Business Park Dairy Meadow Lane Salisbury SP12TJ PCC membership Incumbent Assistant Curate Assistsnt Curats Reverend Canon Jean de Garis Reverend Mary Terry Reverent Joe Stone Chair of the PCC (from May 2019) (ftom July 2021) (from July 2023) Chur¢hwardens Chris Taylor Tom Wllkins {from September 2020) {from September 2020) Officers Jane Franchi Mark Venables Secretary (from September 2020) Treasurer (trom April 2019) Deanery Synod Representatives Sally Reed elected April 2023 Danni Malone Jean Filtness elected April 2023 (resigned Oct 2023) elected April 2023 Elected MemborJ Brian Webb Keith Leslie Lucy Bairett-mead Sarah Alford Elizabeth Liversage Mark Venables Pete Coggan-Lennox Becca Inglis Sarah McNi¢ol Sherwin Polius elected April 2021 for 3 years elected April 2021 for 3 years ele¢ted April 2021 for 3 years elected April 2022 for 3 years elected April 2022 for 3 years elecled April 2022 for 3 years elected April 2023 (Signed Oct 2023) elected April 2023 for 3 years eed April 2023 for 3 years elected April 2023 for 3 yeats Ex4)fficio Members Rev Sarah Wood-Roe Wlliam Burditi Sophie Burditt Priest at St Lawrenr* {moved August 2023) Hope Pioneer Church (moved June 2023) Hope Pioneer Church (moved June 2023)
ST FRANCIS CHURCH CONTENTS Trustees. r8POrt Statement of truslees, responsibilities Independent examiners report Statement of finanaal activilies Balan sheet 10 Notes to the financial ststements 11-23
ST FRANCIS CHURCH TRUSTEES. REPORT FOR THE YEAR ENDED 31 DECEMBER 2024 The trustees present their annual report and finan¢ial sLqlements for the year ended 31 Dernber 2024. Church Detslls St Franas Church is an AngliLxn Church in the DI0Se of Salisbury. The church building is situated in the northem part of the (aty, at the junction of Castle Road and Beatri Road. Correspond8nce to the Church. the PCC or its olficers (2n be addressed lo.. The Parish Offi st Francis Church Beatrice Road Salisbury, SP13PN structure and Management The PCC is a corporate body established by the Church of England and operates under the Parochial Church Council Powers Measure. The PCC registered with the Charity Commission during 2009,. our Registration Number is 1130133. The appointment of members of the PCC is governed by and set out in the Church Representation Rules. Churchwardens at St Francts are normally elected for a three-year temi of office. They can attend training days to make them aware of the responsibililies thal they have as Churchwardens. and Ihal the PCC has overall. When necessary and appropnate. individual members of Ihe PCC attend courses lo learn about specrfic issues and to report back to the PCC. The PCC meets regularly on aFtemate monlhs: in Ihe intervening months a Standing Committee meets. The Standing Committee comprises the PCC Chair, Treasurer, Operab'ons Manager. and both Churchwardens - one of W1M is Vic&Chair. Reports are receNed by the PCC from Deanery and General Syn(xls. our link missionaries, and PCC Committees. The PCC has appointed suEFcommittees and task forces for speaal responsibilities and tasks. as follows: Respon&"bilitses To deal with issues relating to the fabrtc of Ihe church building and grounds To monrtor and revyew all our mission work. and io advise on annual gimng To report any safeguarding matters arising since the last PCC meeting Report on the Pioneer Church (at otd Sarum) at every PCC meeting Building & Grounds Committee Mission Commlttee Safeguarding Team Hope Church other laskforces are fonned as and when they are needed for special events and for the appointment of staff.
ST FRANCIS CHURCH TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 PCC memborship The following people served on the Parochial Church Council (PCC) during 2023 and consequenUy fomied the Board of Trustees of the PCC during the period: Incumbent Assi$tsnt Ministor Asslstant Curate PloneerPrlest Reverend Canon Jean de Garis Reverend Mary Terry Reverent Joe Stone Rev Suzie Allen Chair of the PCC (from May 2019) (fmm July 2021) (from July 2023) St Lawrence & Hope Church ffrom Apnl 2024) Churchwardens Chris Taylor Tom Wlkins September 2020) (from September 2020) Offters Jane FranGhi +Aark Venables Secr8tary (tmm Sgpt8mber 2020) TreasUr (from Apnl 2019) Deanery Representafives Synod Jean Filtness Sally Reed Keith Leslie electedApnl 2023 ele¢tedApnl 2023 elecfedApnl 2024 Elected Members Sarah Alford Elizabeth Liversage Mark Venables Becca Inglis Sarah McNicol Sherwin Polius Sara FergU)n Phil George Dawd Storey Brian Webb electedApnl 2022 for 3 yea e18CtedApnl 2022 for 3 years electedApril 2022 for 3 yea electedApnl 2022 for 3 yea electedApril 2023 for 3 yea electedApnl 2023 for 3 yea 618CtedApnl 2024 for 3 ye8 electedApnl 2024 ft)r 3 years electedApril 2024 for 3 yeats elecfedApnl 2024 for 3 yeat Aim and purpose The Parochial Church Council (PCC) of St Francis Church is responsible for co-operating with the Vicar, in promoting the whole mission of the church. pastoral. evangelistic. social and ecumenical, in the ecclesiastical parish. It is also responsible for overseeing ministry and mission on the Old Sarum and Longhedge eslates especially through Hope Church. This missional Communty was lay led under In* from Ihe Bishop of Salisbury. In 2020 it was launched as a church plant from St Francis, meeting at Old Sawm Communty Centre, offering regular Sunday worship in addition to the prewous missional activities. Th8 PCC carrEs responsibilty for the maintsnance of the Parish Church and the adjacent Church Hall and Youth Lounge. The PCC is drawn frorn members of both St Franas Church and Hope Church, and some members regularfy worship at both venues. The ptimary leadehIP foi Hope Church has been exercased by Rev Suzie Allen Sin her linCIng in April 2024. Obje¢tlves and activilies The primary objedive of the PCC is the prodamation of the Gospel of our Lord Jesus Christ accordng to the doctrine and practices of the Church of England. St Francis PCC tries to achieve this by co-operating with and supporbng our Vicar in promoting the Mission of the chutch to the whole parish. The Standing Committee (which sets the agenda foi meetings of the PCC) seeks to keep a healthy baLgnce in the agenda of meetings to include practical items {induding finance. fabric and staffing) wtth pastoral and evangelistic and developmental priorities (including oulreach. children and youth. discipleship, worship and seNing our Community).
ST FRANCIS CHURCH TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Achievemonts and performance Identity We have continued to express our life as a (turth through the strapline "Life with God.. As a fellowship of believers, we do not °go to Church. so much as remember that we are the Church and that we aim to share every part of our lives as fulty as we can with God. Every a¢tivity in our thurth is intended to achieve one or more of our 3 °E" objectives to: Encounter Equip Engage {meel with God) (train and fomi us in the likeness of Jesus) (understand and serve the w(xld more effectively in the power of the Spirst) Beneflce Connections Throughout 2024 we have o)ntinued to grow as a united benefice of three Churches.. St Francis, St Lawren and Hope Church. These three expressions of being church are not in conllirt or rx)mpetition, rather they offer d"nTerent ways and styles for diverse people to be in vibrant MmUnItIeS of fatlh. Our three Churches have become much more interdependent, especially in sharing dergy for SeNiS eaL month at Sl Lawrence. St Lawren is a separate parish with its ¢)wn PCC and so publishes its own accounts arKI is not reported further here. Clergy and Staff Changes April 2024 Rev Suzie Allen was appointed into a new role of Pioneer Priest ovetseeing both St Lawrence and Hope Church. It has been a great joy to welcome her and her leadership gifts into these two worshipping communitie5. Rev Joe Stone was ordained Priest and has subsequently led services of Holy Communion acfoss the b8nefice. Joe also leads a new monthly "Men behaving DadlK Saturday morning breakfast and artivity time for dads and their children. Rev Mary Terry has Continued to lead and preach in all three thurches across the benefict through the year. Having completed her training ¢)Jracy in 2024. she is now has the role of Assistant Minister. Her pastoral ministy has been especially valued including Ihe Bereavement Joumey wurse njn several times each year delivered by a team she has assembled. Many people have benefitted from having a safe Spa to explore and prOsS their grieving. In F8bruary 2024 Emily Stone began working as our new Children & Families Pastor. Emily has brought 8normous energy and compassion to the role. She has extended the number of Sundays when there are children's groups and she has offered new holiday drop-in provision at St Franos. At the end of 2024 we were delighted to appoint Cat Evans to the role of Worship Pastor at St Francis which had been vacant foi 2 years. She is responsible for the delivery of our 11 am band-led worship and for growing and resourung our "music in worship community". We are so glad for the enthusiasm, faith and skills of our other slaff members. Jane Franchi is our Operations Manager. She also oversees communications. PCC policies and SUPPK)rts our HR. Sophie Stokes has continued her excellent work as our part-time Youth Pastor. She has increased her hours by 2 hours per week to include some local schools, ministry. sin May 2023 Hope Church has been ably supported in administration and communication by Priscilla Venables as Hope chh Co-ordinator. Pris¢illa has made an exGellent conlribution to Hope Church comms acfOSS drfferent media and well as a range of administrative 1018s. Priscilla is retiring in March 2025. We thank Priscilla for the oreative and outstandin9 adrninistralive skills she has offered. Charlie Davies our church Caretaker has continued lo seNe faithfully whilst outside booknngs have increased his workload in moving fumiture and deaning in 2024. Alan Goldie, who administers Extemal Booklngs, also shares caretaking part time, We thank God foi the joyful ministries of Jo Inman (LLM) and Sophie Ferguson (St Francis Church Ordinand serwng at St Lawren to be ordained June 2025). The Clergy and Staff Team meet every week for prayers and sharing rrent a¢tikities and future initiatives in ministry. St Francis has a culture of wortting collaboralivety in Ihe daily running of practical ministry and engaging with policies together. Through 2024 and into 2025 the Staff Team is dIrning how the PCC Mission Action Plan might best be imagined. agreed and implemented coherentty and sustsinably under God. We thank the vast number of volunteers who seprfe God and his people regular through leading in so many ways. We have teams who lead worship and preach. induding the or9anisl and choir. those who read the Bibb and lead irrterc8ssions. pray for others, offer welcome. serve refreshments, lead groups to see infants, thildren and young peop18, arrange flowers, care for the finances, and fabric of the building and grounds. Our thurches simply could not run without the generous and dedicated commttment of the host of volunteers.
ST FRANCIS CHURCH TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Safeguardlng Safeguarding is a vital part of our caring for people well: li is an expression of the Gospel. Many people are especially concemed of the need lo addres5 this at present time because of past Nalional Church failures. In our benefice we have three Parish Safeguarding Officers {PSOs)- one in ead) ()urch mMunity. We thank Hannah Wilkins and Jean Filtness for their commitment in this role. Jean Filtness has been especially helpful in r&writing our Safeguarding Policies to ensure they are compliant with Guent good pra¢ti¢e. We convene meetings three times a year with Clergy, Vertfiers, Children and Youth Pastors and PSOS to ensure best practice is maintained. We have an annual Safeguarding Sunday whith indudes basic signposting and training for every church member. We have °safer recruitmenv practices. including taking up two references and DBS when appropriate. We currently have well over 100 church members who serve children and vulnerable adults who have been DBS checked. We ensure all have been appropriately trained to the correct level and that their training is up to daÈ. We thank the safeguarding team for their Mgilance and Care. Nationally, and in Salisbury Di¢x8se, there is an (mline Safeguarding Dashboard which helps to Irack the poliaes and procedures of every Anglican Church. St Francis, Hope Church and St Lawren are all cuentlY 910 Compliant. We hope that by mid-may 2025 we will be(x)me 100% compliant. We must never be complanI about Safeguarding. Unequal power dynamics can easily lead to problems in any human organisation, including churches. We believe and teach that Safeguarding is everyone's responsibility. ST FRANCIS CHURCH Sl Francis Church offers a varied pattem of Sunday worship. These irKlude.' 9.30 am Holy Communion and 11 am Infornial Worship (with families and youth groups in lerm time). Each month on Sunday evenings at 7 pm we have a Bible Fo¢us, Encounter and an lona Evening Communion. Our range ol worship experiences indudes a small choir. worship bands, fomial liturgy and all-age interactive worship. Often for the teaching o)mponenl of worship. age-appropriate groups are formed for some Service. The church is blessed with having several excellent. different. venues on stte for smalkgroup discipleship. The Sunday Teaching Pn)gramme in 2024 included: Maklng Jesus known here and now exploring the DK)cesan Vision over the first three months of the year. In April we explored the Frult of the Spirit and we held our APCM on a Sunday motning in a joint service. From May lo July we offered a 14 week series on our whal it means lo be a human being made in GCMJ'S Image.. Body, Soul {mAnd. hearL will) Spirit. The remainder of th8 year o)vered teaching on Prayer, Joshua 1-5, our annual Missions, Sunday "orousel- senius, and an exploration of drfferent aspects of our Confidence in the Gospel of Jesus and our vctstion to help shape and bless the world. Advènt and Christmas helped us prepare to ellcount8r Jesus. Sl Francis ¢onnecls with a large number of Childn and young people each week. This is through a combination of the Sunday programmes and mid-week acivities. Thursday leddy Bears. serves a large number of local families with young children. Sl Francis is a safe pla lo meet. connect with other local families, and enable children lo enjoy socialising and playing together. Sadly our Church Camp was a weekend with exceptionally stormy weather and il needed to be abandoned. However just under 40 (xmped for a joyful New Wine again al Shepton Mallet in August. Our Youth Ministy includes a Friday night club with 2 session5 (School years 9 and 10-13). There is Sunday provision for oldef and younger youlh during services, and a Sunday evening discipleship group eath week whh includes fun games and eating together. Excibng and creative excursions were organised through the year and enjoyed by youth people. Assembling enthusiastic and committed leaffts of volunteers Continues to be Crucial in all these actNities. In addition to services in our church buildings, dergy and LPAS take Holy Communion to hous6-bound members and lead worship every month in five residential homes within our parish. We take assemblies regulady in the local schools and offer supp(Kt in a variety of ways. In the Autumn of 2024, the eight-week Sanctuary Course supporting good m8ntal heatth from churches was a valuable resource for those living with mental heath challenges, those who care for them and for olher interested church members. The was attended by up to 20 church members from across the benefice.
ST FRANCIS CHURCH TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEIABER 2024 In 2024 we had 235 people on our Church Electoral Roll (an annual increase of 25). The Average Church Attendance (ACA) through 2024 slighlty increased from 160 to 176 adults each Sunday for the 9.30 and 11.00 ServIS combined. Including children the ACA through 2024 was 229. This numbers increase greatly for main Christian Festivals. Through the summer holidays the additional Worship on the Green was popular for famili8S with young thildren. New church members have come through a combination of moving to the area and wtIng to nd a new church. some mowng to St Francts from other thurthes, and a small number of people comiTrJ to faith and joining us. Though around 176 adults attend most Sundays. through the course of a month, that might well be 250 drfferenl people. as a significant number attend only once or twice a month. Those who are new to the Church are inviled to a Welcomg Lunch held each term. In many ways the lrfe blood of the church is expressed in the 15 mi(kweek Life Groups. These are typicalty run every fortnight in a church member's home with 8 - 12 members in eath. Lrfe Groups are invaluable for growing as disciples of Jesus and Caring for one another. There are rrenIty around 140 adults in these groups. Lrfe Group Leaders are invtted to a gathering each term to be encouraged and share training OurS to help Iheir groups to ftourish. The chUh buildings and Grounds are extremdy well used at all times. An excellent and committ8d small team keep them in an excellent stale of repair as our 2024 Quinquennial Survey reported, Our buikjings are used not only by the church but in supporting our wider cotnmunity in a wide variety of ways. External usern indude children's academi¢ support groups. We offer space and a 'home' for many communty groups such as U3A, a Communty Choir, Rainbows, Brownies and Guides. as well as tharities and other churches We also sponsor the Ladybirds Preschool in the hall. MISSION ACTION PLAN In the first meeting of Ihe new PCC following the APCM in April 2024, members were invited to CnsIder in groups what they nSIdered the top priortiies for the thurth al this lime. Following Ihis. the PCC invited a small working group (Jean Filtness. Jane Franchi and Phil George) to lead the PCC and whole Churth through a prOS ot identifying our shared, agreed, realistic goals within a 1-3 year time frame. To this end, every Church group, every outside church user, and every thur¢h member was inNryted to answer some simple but important questions. The vast amount of data fiDm these many responses was then analysed and synthesised by the working group and offered for fresh consideration to the PCC and the Staff Team. We will take Ihis work forward inlo 2025 to prioritize our Mission and Ministy strategy and focus our activrties. We believe that, under God. if we chose to align ourselves well wilh what we believe God ES calling us into, we will see greater fruitfulness in the years ahead. We Ihank the members of the MAP Group for their huge MMItMen1 of time and wisdom in this demanding process. HOPE CHURCH The most signtficant change in the life of Hope Church in 2024 was the joyful arrival of Rev Suzie Allen as the oneer Priest leading Hope Church. + Andrew censed Suzie in April 2024. Suzie has brought energy, wisdom and experience to this newly created posl. The Navlgation Group (comprising Jean Filtness, April Hall, Tom Rendall, Joy Wlknnson and Prisc4112 Venables) mel each month in 2024 with the Pioneer Priest and Vicar. The NG has ntInued to offer leadership in overseeing the liturgical, pastoral and missional leadership lo HO Church and the estatss they serve at Old Sarum and Longhedge. This has been very demanding but also fruiiful. INe thank the Navigation Group for their continued dedication and faithfulness to serve Hope Churth. An aim for 2025 is to increase the number and diversity of NG members from Hope. As Suzie is jointly serving Hope Church and St Lawrence Parish, time has been n88ded to discem Ihe best way of managing quite complicated, diverse rotas that are sometimes competing. In 2024 it has often been a challenge to find people for rotas. There have been some helpful changes through 2024 that make best use of Suzie's grfls whilst allowing her to connect with as wide a range of church members at bolh ¢hurthes as possible. Services at Hope have the new pattem through Sundays of the month: 1st . All Age12nd '. Messy ChurGh 13rd . Communlon & Children's Groups 14th . Bible Brunch
ST FRANCIS CHURCH TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 This has worked well. It has been helpfvl to find a new sustainable rhythm of worship. Leading and preaching when Suzie is at St Lawrence, has been very ably led by others, especrally Joy Wlkinson. The tead)ing themes have induded "Why do Christians ?¥¥ lo re-esiablish some of core values in Hope Churth, Suzie has also r&cast how the serwices of Holy Communion are led and administered in a an all-age appropriate way. Other Changes in 2024 induded the Old Sarum Community Centre (where the Church meets) is now overseen by different body of Trnstees. It has taken time and care to build up the new relationships of twst and to discover the best ways of working together with th8m. Prisdla and members of the Nawgalion Group have been proactive in fostering a good working relationship with them as new Tems and Condrtions for the use of the pramises were issued. A new Hope Safeguarding policy was introduced, and Food Hyglene training was taken by church members. New Volunteer Guldelines arKI Codes of Conduct have been adopted. New Fire Evacuation procedures have been appropriately risk assessed and practId. Following a review. some thanges were made over which charities and agencies are supported by Hope Churth mernbe. regular giving. The Navigation Group approved the purchase of additional AV equipment for the growing worship group. Through 2024 Hope Youth has continued to develop. There is a monthty men's Games evening in the Beatrice Roorn. The Hope music gn)up rehearses and leads worship regularly. THE FUTURE We look fonvard with confidence to what the joumey ahead will look like with each olher and with Gtxl. There are challenges, especially in the encouraging every church member into offering their time and talents when many are already very busy or stretched in their demanding roles at work or homes. Yet, very many Christians acfoss the benefi continue to give of their resources and of themselves sauificially. We continue to agree wth the apostle Paul when he wrote in Ephesians 3.20 that God °is able to th immeasurably more than all we ask or imagine, according to his power Ihat is at work wthin us." Flnanclal review Our accounts for the year are subject to Independent Examination: The PCC'S Independent Examiners are Moore Stephens (South) LLP Resarv8s policy The PCC nsIderS that it should maintain suffiGienl reserves to Ver half of a year's expected general expenditure, which would be about £88.500. The reserves stood at £73.284 at the end of 2023, which is below this level. As suffiuent surplus has been generated in the current year. £26,716 has been trdnsferred frotn the general fund to reseNes, to rnake the new total £100,000. which should be adequate for the medium term going fotwards. On behalf of St Francis PCC: Reverend Canon Jean de Garis, Vicar and PCC Chaiman Trustee loL6
ST FRANCIS CHURCH STATEMENT OF TRUSTEES. RESPONSIBILITIES FOR THE YEAR ENDED 31 DECEMBER 2024 The trustees are responsible for preparing the Trustees. Report and the financial ststements in acix)rdance wrth applicable law and United lQngdom A¢¢ounting Standards (unit lfjngdom Generally Apted Accountin9 Practice). The law applicable to charities in England and Wales requires the trustees to prepare finanaal statements for each financial year which give a true and fair view of the state of affaitB of the charity and of the incoming resources and application of resources of the charity for that year. In preparing these fjnancial statements, the trustees we required to: - select suitable accounting poliaes and then apply them nsIStentIy'. - observe the methods and principles in the Charities SORP. - make judgemenls and esb"mates that are reasonable and prudent; - state whether applicable accounting standards have been followed. subjecl to any material departures disclosed and explain8d in Ihe financial statement5: and - prepare the financial slatements on the going nCeM basis unless it is inappropriate to presume that the charity will continue in operation. The trustees are responsible for keeping suffi(aenl a0untIng records Ihal disctose with r8asonable accuracy at any time the financial position of the charity and enable them to ensure that the finanaal statements comply with the Charities Act 2011 , the Charity (Atxounts and Reports) Regulations 21x18 and the prowsions of the tnjst deed. They are also responsible for safeguarding the assets of the ¢harÉty and hence for taking reasonable steps for the prevention and detection of frdud and other irregularities.
ST FRANCIS CHURCH INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF ST FRANCIS CHURCH I report to th8 trust88s on th8 accounts of the PCC of St FranLlS Church, Salisbury (charity number 1130133) for the year ended 31 December 2024, which comprise Statement of Financial Activit18s of all funds, the Balance She8t and th& related notes. Responslbllltles and basls of report As the Trustees of the Charity you are r8sponsib18 for Ihe preparation of the financial statements in accordance with the requirements of the Charities Act 2011 (the 2011 Act). The charity's trustees (x)nsider that an audit is not required for this year under section 144 of the Charities Act 2011 (Iho Charities Act") and that an independent examination is needed. I report in respect of my examination of the charity's financial statements carried out under seclion 145 of the 2011 Act. In carrying out my examination I have followed all the applicable Directions glven by the Chartty Commission under section 145{5}(b) of the 2011 Ad. Independent examlnerfs statement Since the charity's gross income exceeded £250.000 your examiner must be a member of a body listed in sedion 145 of the 2011 Act. I confimi that l am qualified to undertake Ihe examination because l am a member of Ihe Association of Chartered Certified Accountants, which is one of the listed bodies. Your attention is drawn to the fact that the Charity has prepared financial statements in accordarr£ with Accounting and Reporting by Charities preparing their accounts in accordance with ihe Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) in preference to the Accounting and Reporknng by Chartties: Statement of Recommended Practice issued on 1 January 2019 which is referred to in the extant regulations but has now been withdrawn. l understand that this has been done In order for financial slatements to provide a true and fair view in accordance with Generally Accepled Accounting Practice effective for reporting periods beginning on or after 1 January 2019. I have completed my examination. I confirm that no matt8rs have come to my attention in connection with the examination giving me cause to believe that in any material respecL accounting records were not kept In respect of the charity as required by section 130 of the 2011 Act,. or Ihe financial stat8rllents do not accord with those records. or the financial statements do not comply with the applicable requirements conceming the form and content of accounts set out in th8 Charities (Accounts and Reports) Regulations 2008 other than any requirement Ihal the accounls give a true and fair view which is not a matter considered as part of an independent examination. I hav sho oco dbe rns n in d have c(Kne across no other matters in connection with the examination to which attention is report in order to enable a proper understsnding of the financial statements to be reached. Robert Ma ald FCCA Moore (South) LLP 33 Th@ Clar8ndon Centre Salisbury Business Park Dairy Meadow Lane Salisbury Wiltshire SP12TJ Dated.. 6 June 2025
ST FRANCIS CHURCH STATEMENT OF FINANCIALACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 DECEMBER 2024 Unrestrfcted Restrf¢ted funds funds 2024 2024 Total Unrestsicled Restricted funds funds 2023 2023 Total 2024 2023 Not8S Income and end0ents fmm: Donations and legaoes Charitable activities Investments Other income 302,210 42,118 3,183 8.058 5(NJ 302.710 42.118 3.183 8.058 241.239 32,957 1,870 3.084 800 242.039 32.957 1.870 3.084 Totsl income 355.569 500 356.069 279,150 800 279,950 Expenditure on: Charitable aciiviti8s Other @xpenditura 260.594 1,018 412 261,612 412 246.852 246.852 1,340 Total expendlture 260.594 1,430 262,024 246,852 1.340 248.192 Net incornel{expenditure) 94.975 (930) 94,045 32,298 (540) 31.758 Transfers between funds {1.011) 1.011 (18,CKIO) 18,000 Net movement In funds 93.964 81 94,045 14,298 17,460 31.758 Reconclllation of funds: Fund balan at 1 January 2024 86,629 6,551 93,180 72.331 (10,909) 81,422 Fund balances at 31 December 2024 180,593 6,632 187,225 86.629 6.551 93,180 The statement of financial activities indudes all gains and losses recognised in the year. All income and expenditure derive from Continuing activities.
ST FRANCIS CHURCH BALANCE SHEET AS AT31 DECEMBER 2024 2024 2023 Current assets Debtors Cash at bank and in hand 11 49.879 139.603 12.035 124,080 189,482 136,115 Creditors: amounts falling due within one yaar 13 (2,257) (42,935) Net ¢urrent assets 187,225 93,180 The funds of the charity Restricted income funds Unrestricted funds 15 16 6,632 180.593 6,551 86,629 187,225 93,180 The financial statements were approved by the truslees on l!: c g . Lo IS . Trustee 10-
ST FRANCIS CHURCH NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 Accounting policies Charity information St Francis Churth is an Anglican Church in Ihe DiLKese of Salisbury. The thurch building is situated in the northem part of the cty. at the junction of Castle Road and Beatrice Road. Correspondence to the Church. the PCC or its officers cAn be addressed to The Parish Office, St Franas Church. Beatrice Road, Salisbury, SP13PN. 1.1 Accounting convention The financial statements have been prepared in ac£ordance with the chartvs governing document, the CharilEs Act 2011, FRS 102 °The Financial Reporting Slandard applicable in the UK and Republic of Ireland. fFRS 102°) and the Charities SORP 'ACUting and Reporting by Charities.. Statemerrt of RemrITended Practice applicable to charities preparing their aOuntS in accordance with Ihe Finanaal Reporting Standard appIlble in the UK and Republic of Ireland (FRS 102)" (effective 1 January 2019). The charity is a Public Benefit Entty as defined by FRS 102. The chanty has taken advantage of the provlsicS in the SORP for charities not to prepare a Statanent of Cash Fl¢)WS. The financial slatements have departed fr<xn the ChaTTlies {Acrnunts and Reports) Regulations 2008 only to the extenl required to provide a true and fair view. This departure has involved following the Statement of Recommended Practic8 for chariti'es applying FRS 102 rather than the version of the Statement of Recommended Practits which is referred to in the Regulations bul which has Sin been withdrawn. The finanaal slatements are prepared in slerfing. which is the functional rrencY of the charity. Monetary amounts in these financial statements are rounded to the nearest £ The financial ststements have been prepared under the histori1 cost convenlion. The principal accounting policies adopted are set out below. 1.2 Going concem Al the time of approving the financial statementy the ttustees have a reasonable expectation that the charity has adequate resources to conb.nue in operat.onal existence for the forese8ab18 future. Thus the tnjstees continu8 to adopt the going conom basis of accounting in preparing the financial sL*ements. 1.3 Charitable funds Unrestricted bjnds indude funds which the trustees are fre@ to use for any purpose in furtherance of th8 charitable objedives of the PCC. Unrestricted fvnds include designated ftjnds where the trustees, at their discretion. have created a fund for a sperifi¢ purpose. The General Fund is an unrestricted fund, and most other fijnds are designated funds, with the eXPtiOn of restricted funds set up in 2018 for funds raised for the forthcoming roof repair and a fund for amounts raised to support the Soul Survivor event attendan ts our young people. Restrrcted funds are subject to speafi¢ COnditrts by donors or grantors as to how they may be used. The purposes and uses of the restricted funds a set out in the notes to Ihe financial statemenls. 1A Income Income is recognised when the charity is legally enlitled lo it after any performance conditions have been mel, the amounts can be measured r61iably. and it Is prObate that income will be reIved. 11
ST FRANCIS CHURCH NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Accounting policies {Continued) All income is recognised once the PCC has entrtlement to the income, it is probable Ihat the income will be received, and the amounl of in(x)me re}vable can be measured reliably. Donations are recognise(I when the PCC has been notified in writing of both the amount and the setuement date. Interest on fvnds held on depostt is included when r1Vable and the amount Can be measured reliabty by the PCC, which is normally on notificatron of interest paid or payab18 by the bank involved. Legacies are recognised on reIpt or otherwise if the charity has been notified of an impending dstribution, the amount is known, and receipt is expethd. If the amount is not known. the legacy is treated as a contingerrt asset. 1.5 Expenditure Expenditure is recognised On there is a legal or Gonstructrve obligalion to transfer e¢onomic benefit to a third party, it is probable that a transfer of economr beneffts viill be required in settlemenl, and Ihe amount of the obligation ¢an be measured reliably. All expendrture is accounted for on an acuual basis. All expenses are allocated or apportioned to the appIlble expendtlure headings. Grants payable to third parties are within the chatitable objectives. Wh8re unconditional grants a offered, this is accrued as soon as the recipient is nolified of the grant. as this gives rise to a reasonab expe¢tation that the recipient will re1ve the grants. 1.6 Tangible fixed assats Tangible fixed assets are initially measur*J at 5t and subsequently measured at cost or valuation, net of depreaation and any impaimient losses. Deprecaation is recognised so as to vlrite off the st or valuation of assets less their residual values over their useful lives on the following bases: Fixtures and fittings 410 10 years straight line The gain or loss arising on Ihe disposd of an asset is detemiined as the differen b8lween the sale proceeds and the carrying value of the asset, and is recognised in the ststemenl of finanoal activities. 1.7 Cash and cash equivalents Cash and cash eqLJivalents include cash in hand. deposits hekl at call with banks. other shor¥term liquid investments with original maturities of three months or less. and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities. 1.8 Financial instruments The ¢hatTty has elected to apply the provisions of Section 11 'Basic Financial InslJuments' and Section 12 'Other Financial InstNments Issues. of FRS 102 to all of its financial instruments. Financial instruments are recognised in the charitys balanc8 sheet when the charity becomes party to the contractual prowisions of Ihe instrument. Financial assets and liabilities are offset. with the net amounls presented in the finanoal statements, when Ihere is a legally enforc£able right to set off the recognised amounts and Iher8 is an intention to settle on a net basis or to realise the asset and settle the liability simuRaneously. 12-
ST FRANCIS CHURCH NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Accountlng policies (Continued) Basic financialassets Basic financial ass8ls. which indude debtors and cash and bank balan$. are inrtially measured at Iransaction piice induding transaction costs and are subsequently rried at arnortised cost using the effective interest method unles5 the arrangement constitutes a financtng transaction. where the transaction is measureé al the present value of the future receipts discounted at a market rate of interest. Financial assets dassified as receivable within one year are not amortbsed. Basi¢ financial liabllitles Basic financial liabilities, induding creditors and bank loans are initially reCgniSed at transaction Pri unless the arrangement constitutes a financing transaction. where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classÉfied as payable within one year are not amortised. Debt instruments are subsequentty (xrried at amortised cost. using the effective interest rale method. Trade creditors are obligations to pay for goods or services that have been acquired in the Ordin course of operations from suppliers. Amounts payable are dassified as (xjrrent liabilities rf payment is due within one year or less. If not. they are presented as non-ujrrenl liabilities. Trade creditors are recognised initially at transaction price and subsequenliy measured at amortised cost using the effective Inte$t method. Derecognftlon of financial liabilities Financial liabilities are d@regnised when the charity's contractual obligations expire or are discharged or cancelled. Intsrest free loans Interest free loans were g8n8rously provided by a number of households in the congregation to assi8t with cashflow management the annexe building and roof repair project. Interest free loans have nol been discounted as Ihis is nol required for Publ Benefft Entities under FRSI 02. 1.9 Taxation The charity is an exempt tharity wtthin the meaning of schedule 3 of Ihe Charities Act 2011 and is considered to pass the tests set out in Paragraph 1 Schedule 6 Finance Act 2010 and theiefore tt meets the defnition of a charitable company for UK corporation tax purposes. 1.1 O Employee benefits jen empk)yees have rendered servi¢e to Ihe charity. short-term employee benefits to whic* the employees a entitled are recognised al the undiscount8d amount eXpted to be paid in exchange for that SeiCe. The charity operates a defined benefit plan for the benefrt of its employees. The pension scheme is a multi- employer scheme with no underlying assets to assign between employers. Consequently, the T pension stheme is treated as a defined contribution scheme for a(aUntIng purposes and the contributions are recognis8d in the pericrfl lo which they relate. 13-
ST FRANCIS CHURCH NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Income from donations and legacies Unrestricted Restrlcted funds funds 2024 2024 Total Unrestricted Restricted funds funds 2023 2023 Totsl 2024 2023 Donations and gifts Other 271.983 30.227 5C(I 272.483 30.227 241,139 100 800 241,939 100 302,210 302.710 241.239 800 242,039 Income from charitable activitses Unrestricted funds 2024 Unrestrlcted funds 2023 Sale of goods and services induding lettings 42,118 32,957 Income from inv881mants Unrestricted Unre$trlcted funds funds 2024 2023 Interest re1vable 3,183 1.870 Other income Unrestrictsd Llnrestrtcted funds funds 2024 2023 Other income 8,058 14-
ST FRANCIS CHURCH NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Expenditure on Charitable activiiles Charitable Activities Church Hall Giving directly related to church work Church managemen tand administrati on Totsl 2024 2024 2024 2024 2024 Dlrect costs Slaff costs Chatitabl8 Giving Church Hall Expenditure Heal, Light & Vwdter Repairs & Maintenance Vicats & Curate's expenses Link Magazine I Printing Teddy Bears rent & expenses Insurances Parish Share Hope Church Expenses Youth Work Outreach - &vents Upkeep of SeNices Donations Other charitable expenditure 58,IA7 19,756 77,823 23.950 11,778 17.480 9,754 3,946 4,230 394 3,7 84,446 12,685 5,095 646 3,583 1,018 57 23,950 11,778 17,480 9,754 4.230 3.647 12,685 5,095 1,018 57 23,950 205,048 31,534 260.532 Sharp of support and govemance costs (see note ) Support 1.080 1,080 23.950 205.048 31,534 1.080 261,612 Analysis by fund Unrestricted funds RestriGted funds 23,950 204.030 1.018 31.534 1,080 260.594 1.018 23,950 205,048 31.534 1,080 261,612 15-
ST FRANCIS CHURCH NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Exponditurn on charitable activiues (Contlnued} Previous year. Charitable Activities Church Hall Giving dI¢11Y rèlated to church work 2023 Heading
ac988
Totsl 2023 2023 2023 2023 Direct costs Staff costs Charitable Giving Church Hall Expendtture Heat. Light & Water Repairs & Maintenance Wica¢s & Cuffjte's expenses Worship Leader Link Magazine I Printing Teddy Bears rent & expenses Insurances Parish Share Old Sanjm Expenses Youth Work Oulreach - events Upk8ep of Services 51,479 18.549 70,028 21,651 17,129 13,399 11.355 5.702 3,442 2.259 215 3,557 81,198 9.701 21.651 17,129 13.399 11,355 5.702 3.442 2.259 215 3.557 81.198 9.701 219 2.313 219 2,313 21.651 188,503 35,678 245,832 Share of support and govemance costs {seg nots ) Support 1,020 1.020 21,651 188,503 35.678 1.020 246,852 Analysls by fvnd Unrestricted funds 21.651 188,503 35.678 1,020 246,852 Trustees The treasurers wrfe has been employed as Hope Church Co-ordinalor during the year. The appointment was made under normal ¢ondiiions and the employee is paid within the nonnal pay scale for the role. they receivè no special treatment a5 a resull of their relatbonship with key managemenL Employees The average monthly number of employees during the year was: 2024 Number 2023 Numbèr 16-
ST FRANCIS CHURCH NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) R)R THE YEAR ENDED 31 DECEMBER 2024 Employees (Continued Employment costs 2024 2023 Wages and salaries 77.823 70,028 There were no employees whose annual remuneration was more than £60.(N)O. Other expendiiure Restricted funds 2024 Rostrictèd funds 2023 Financing ¢osts 412 10 Taxation The tharity is an exempt chaiity wiihin the meaning of schedule 3 of the Charities Aci 2011 and is considered to pass the tests set OLrt in Paragraph 1 Schedule 6 Finan Act 2010 and therefore it meets the deillon of a charitable rnpanY for UK corporation tax PUTposes. 11 Debtors 2024 2023 Amounts falling due within one year. Olh8r debtors Prepayments and accrued InMe 37.890 11,989 12.035 49.879 12,035 The Other debtors balance relates to amounts outstanding in relalion to the Gift aid reclaim. 12 Loans and overdrafts 2024 2023 Other loans 40,054 Payable within one year 40.054 In 2019 a £50.000 loan was provided by the Diocese with an inter8St rate of 0.50A 8bove base rate. The loan was fully repaid in 2024 An interest free loan was provided to the Churth to fund an extension to the building, this was fully repaid in 2024. 17-
ST FRANCIS CHURCH NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEAIBER 2024 13 Credltors: amounts falling due within one year 2024 2023 Borrowings Other L¥editors 40,054 2,881 2.257 2,257 42,935 18-
ST FRANCIS CHURCH NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 14 Retiromant benefft schemes Defined Contribution schemes St Francis PCC participales li the Pension Builder Stheme section of CWPF for fay staff. CWPF is administered by the Church of England Pensions Board. which holds the CWPF assets separately from those of the Employer and othw partiopating employers CWPF has two se¢tions: 1. the Defined Beneffts Stheme 2. the Pension Builder Scheme. which has Iwo subsecbons; a. a deferred annuty section known as Pension Builder Classic. and. b. a cash balance section known as Pension Builder 2014. Penslon Builder Scheme Both sections of the Pension Builder Stheme ar8 classed as defined benefft schemes. Penslon Builder Classic provides a pension. auMUlated from ntrIbu[lonS paid and clinverted into a deferred annuity during employment based on ternis set and remewed by the Churth of England Pensions Board from time to time. DIsetiOnary increases may also be add. depending on inveslmenl relums and other factors. Penslon Builder 2014 ts a cash balance scheme that provides a lurnp sum which members use to provide benefits at retirement. Pension contributions are re[ded in an aco)unl for each member. DiSctIOnary bonuses may be added before retirement. depending on investment teturns and other factors. The acCot. plus any bonuses declared is payable. unredU. from age 65. There is no 5ub-dFvision of assets between employers in each section of the Pension Builder Scheme. The scheme is considered to be a multkemployer s¢heme as described in Section 28 of FRS 102. This is because it is not possible to attribute the Pension Builder Scheme's assets and liabilities to specific employers and means thal contributions are accounted for as if the Sd)eme were a deffined contribLrtion scheme. The pensions costs (*arged to the SOFA in the year are the o)ntribubons payable (2024: £4.159, 2023: £3,412) A valuation of the Pension Builder Stheme is carried out once every three years. The most rent valuation wa5 carried out as at 31 December 2022. For the P8nsion Builder Classic sedion, the valuation revealed a surplus of £34.8m on the ongoing assurnptions used. At the most recent annual review effective 1 January 2025, the Board chose to grant a discretionary bonus of 6.7% to both pensions not yet in payment and pensions in payment in respect cé serwce prior to April 1997., and a bonus on pensions in payment in respect of post April 20C6 Servi so that the pension increase was 2.7% (where usually it would be (xlculated based on inflation up lo 2.5 Its). This followed improvements in the funding position over 2024. There is no requirement for deficit payrnents at the current time. The next valuation is due as at 31 Dember 2025. For the Pension Builder 2014 section. the valuation revealed a surplus of £8.5m on the ongoing assumptions used. Ther8 is no requirernenl for deficit payments at the current time. The legal structure of the stheme is such that if another employer fails, St Franas PCC could become responsible for paying a share of that employer's pension liabilities. 19-
ST FRANCIS CHURCH NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 15 Restricted funds The restrided fvnds of the charity comprise the unexpended balances of donations and grants held on trust subject to speafic conditions by donors as to how they may be used. At 1 January 2024 Incoming Resources resourGes expended Transfers At31 Decembgr 2024 Disuetionary Hardship Fund Roof repair fund 7,150 (599) 500 (1.018) (412) 1.011 6.551 (1.430) 1,011 6,632 Previous year: At 1 January 2023 Incoming Resourc6s resources expended Transfers At31 December 2023 Discretionary Hardship Fund Roof repair fund 6.350 (17,259) 8txJ 7,150 (599) (1,340) 18.000 {10.909) 800 18.000 6,551 RESTRICTED FUND PURPOSES Roof repair fund For th8 repair of the roof at St Francis Churth, Salisbury oul Surwvor fund For the costs of the Soul Survivo vent for young people Discretionary Hardship Fund o support specific hardship request m within th8 St Francis and Ho Church communty -20-
ST FRANCIS CHURCH NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 16 Unrestrfcted funds The unrestricted funds of the tharity comprise the unexpended balances of donations and grants which are not subject to specific Conditions by donors and grantors as to how they may be used. These include designated funds which have been set aside out of unrestricied fdS by the trustees for specific purposes. At 1 January 2024 Incoming Resources resources expended Transfers At31 December 2024 Staffing Fund Hope Church Fund Fabric Fund Church Extension Fund Flower Fund Teddy Bears Fund R8serves Ganeral funds 2,735 11.553 (27,068) (13,622) (11.8811 24.333 17,665 37,254 (2.148} (15.596) 6.775 32,148 442 170 1.536 (198) (395) 414 3,486 100,000 44,545 73,284 18.431 26,716 (104.831} 338.375 (207,430) 86.629 355,569 {260,594) (1.011) 180,593 Previous year: At 1 January 2023 Incoming resources Resources expended Transfers At31 December 2023 Staffing Fund Hope Churth Fund Fabric Fund Church Extention Fund Flower Fund Teddy Bears Fund Reserves General fvnds (36.098) (9,7011 27,735 (16,405) 1.775 4,148 394 2.808 73,284 6.327 10,510 (15,596) 6,775 5,OOD (5,000) 1,800 100 1.752 (52) (215) 442 (2.000) 73.284 18,431 256.625 (200,7861 (43,735} 72,331 279,150 246,852 (18.000) 86,629 21
ST FRANCIS CHURCH NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 16 Unrastricted funds (Continued} Staffing fund Previously Children's 2nd Family Worker fund. To support sta posts at the churth engaged in work with youth, children o orship Hope Churth (Old Sarum Mission) fund o support the work at the residential area of Old Sarum, now . hin the parish boundaries of St Francis. Fabric fund For repairs and upkeep of the church site and its buildings hurch Extension fund For the building of an annex lo the church along the Beatri(% Road ide Icarage Repair fund For repairs and upkeep of the vicarage Flower fund For floweis and floristry equipment used al the church stle eddy Bears fund For the Teddy Bears parent and child group Ir'S Computer fund For repairs to or rèplacement of the vicar's mputer an associated equipment Reserves General reseNes 17 Analysis of net assots botween funds Unrestricted Restricted funds fund8 2024 2024 Total 2024 At 31 December 2024: Current assetsl(liabilities) 180.593 6,632 187.225 180,593 6.632 187,225 Unrestricted funds 2023 Restricted funds 2023 Total 2023 At 31 Decernber 2023: Current aSset(liabilIties) 86.629 6.551 93,180 86,629 6,551 93,180 -22-
ST FRANCIS CHURCH NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR EAIDED 31 DECEMBER 2024 18 Related party transactions All Trustees give freely of their lime and expertise without any forni of remuneration or other benefit in cash or kind, and have daimed no expenses. Any work done by families or associates of Trustees is paid for at market rates againsl invoices. Donations were made to the following organisations wth links to the following trustees.. £1.200 (2023.. £1,200) to Salisbury Street Pastors - Keith Leslie is a trustee £6.900 (2023.. £6,500) to the Bridge Project- Sarah Alford is an employee Decisions about donations made are proposed by a mission committee and approved by the PCC 8$ 8 whole. -23-