St Giles, Church Annual Report and Financial Statements of the Parochial Church Council for the year ended 31 December 2024 Charity Commission Registration No. 1130247 Secretary Mr. Roger Oldfield Bankers Barclays Bank PLC Lloyds Bank PLC Independent Examiner Mrs. Fiona Chandramohan FCA following Christ I growing together I reaching out
PAROCHIAL CHURCH COUNCIL OF ST GILES, ICKENHAM ANNUAL REPORT FOR 2024 St Giles. Church meets in an hisloric 700 year old building situated atthe junclion of Swakeleys Road and High Road, Ickenham. It is SUTrounded by a beautifijl and well-mainL2ined churchyard, which leads to St Giles, Chur¢h Hall. The Hall 15 well used by the local community and is a Teal asset to the village. St Giles, church is a registed charity., number1130247. Alms and purposes The Pan)chial Church Council (PCC) has responsibllty of Cckoperatlng thè Rector in promoting In the eccknia5ts81 partsh the whole mission of the Church". pastoral, evangelistic, social, ecumenical. PCC members are ¢haiity tn1$ and slewards of the churGh'5 money and resoutces. PCC is responsible forlhe maintenance aNI repair ofthè church, Hall, ¢hurchyard, and moveable objects. Membershlp ofthe PCC conslsts of: Rector, Associate Priest, LKenced Lay Reader, Commlssloned Lay Mlnlstets, Churchw8nlens, Deanery Synod represen1Ve9, nine elected members13 ofwhom retire annually, vjilh 3 new members eleciedl and up lo 2 ¢trOPlions. The member5 of the PCC are responsible for making decisions on all matters of general concem and imwrtance to Ihe parish, including decisions on how the funds ofthé PCC {chur¢hl are to be spent. The full PCC usually meets 6 lim8s during the year and the Fabric and Financ8 committee (a SurnM1ttee ofthè PCCI meet on the altemate nN)nlhs, exceptfoT December. Objectlves Following the 2023 APCM a Mission Action Plan was published forthe Feriod 2023- 2028 slating our Mission Objectives. As a church, we wanl everybcKly to feel the love ofG(xl in Chrisland lo b8 and make dI1PS of ChrisL To do this we will.. Follow Chrtst as confident disciples by devekplng our relallon$hlp th God, Reach out lo our Cornmunity Creatively. Grow together as Compassionate commun51ig8. Followlng Chrlst thJDugh worship. prayer, and medltallon. In 2024 continued the paltern of sèrvices from 2023. 8:00 BCP Communlon seNlce èvery week, whlch is Ilve streamed. 9.30am Family Pralse seNlce (except forweek11 10..30am Iwe&k1 only) All-age Communion seNKe, followed by a ljme of fellowship over refreshments. 10:30am CW Communlon servlc8 (8XC8Ptthpek11 followed by a twne of felksw5hlp over tefreshments. Weekda acliwties.. Coffee Cake and Pra an Informal group, sot up lo pray forth8 new Rector. TNS group met In Church at11,00am on Tuesdays. It ran from January 2024, concluding in Decemb8r 2024 with an Advent Course. BCP Hol Communion- Thursday10.00am followed by a time of fellowshlp over rnfreshments. Lent- Ash Wednesday services were held with optional ashing at10.00am and 8.00pm. Extra Lentstudy groups wer8 offered. Growlng together within St Giles, and also with OUT friends from the Ickenham United Refomied Church. Joint services We held Ihroughout the year, inctuding,. Christian Unity Service at St Giles, followlng thè we6k of Prayerfor Christian Unity in January 2024., Maundy Thursday evening Sler Meal al the URC., G¢)od Friday All Age & Stations of the Cross at Sl Giles., SeNce to celebrate the Covenant betrieen our hvo churches hetd al St Giles in April 2024. Holiday Club was h81d at the URC in July 2024. Smaller tDu s- conllnue lo meet regularfy and are open to Membe of both churches, including. Essenc8. Fri8nds in Faith, home gTOUPS, Mothers Union, and Ickennen. Highlights for 2024: Ickermen hosted a Brlng and Share Harvest Lunch in Octoberfor the whole St Giles family in the Hall. Reaching Out to the cornmunity. Missions.. A vaTiety ofchaiities were supported durfng the year, which were a mixture of lttal, nattonal and intemational mis5ions- including The Bishop of W511esden's Discrellonary Fund, Hlllingdon WomÈn's Centre, CMS Afriea, Kisiizi H05pitsI, Hillingdon Foodbank, A Rocha, Christian Aid, Open Doors, Shoollng Star CHASE, DEC mlddle east fund. Mothefs Union, &'ble &*iety, Child & Adolescent Bereavement Service, Spitalfields Crypt Trust and British Red Cros5. CLICK Ruki 3 A churches and communty link een Ickenham and Rukiga as we leam trom each olherand support a variety of projects. Schools are linked, children sponsored, water pipes maintsined, and Women's work supported. There 15 also a Youth Project whrh aims lo equip thl leavers forthe workplace. Memo Café 55 held monthly on Wednesday momings to ElcOme and suprM)rtthc£e wtth fadlng memory and their care.
Bereavement SLS rt leam A htghly dedicated and well-trained team of beTeavement supp)rt visitors run a monthty dropin foi the recendy bereaved and also offerone to one SUPPDrt via home visits or phone calls to those wh&se famity memters have had funetals tsken by our ministerial team. The annual memrial service forthe beTeaved was held in May. ck and ill is a group for pTrs¢hDol children and their parentslcarers held Monday and Wednesday moming5 in the Hall. Ickenham Church News ICN A bl-monthly publlcalion whlch celebrates all lh is good In church and communlty life continues to delivered to every Tesidence and business in Ickenham. There are aiso weather-proof dispensers sited al various locations in the village forco51ection of the ICN. Hol Mowers- a dedlcated team of volunteeTS continue to meel wkly to mantsin the churchyaTd. Hlghllghts for 2024: Ickenham Festwal June 2024- St. Giles had a stall at Mimon Court on Festival Day where refhrnents were served. Aftswer festival was held Ihioughout Festival week and a series of events and evening lalks took place in church including Hymns and Pimms and Stsinèd Glass Windows talk, Ruislip Lido & Ickenham Stream, Diving in Truck Lag¢)on, Soundctowd and talk about shakeSare language. Ickenham Festive Ni hl December 2024- A Chri5tma5 Tree festival was held in the Chutch,. the Tree of Remembrance. where the community could hang stars with the namels of departed loved ones was launched in St Giles, churchyard and the Hall contained Santa's Grotto, a raffle, tombola and various craft stalls. Donations collect8d during the Chrfslma5 period were glven lo Cri51S, Hillingdon Home•Start, Save th6 Childr8n Gaza and Lebanon Appeal. tism- there were five baptisms at Sl Giles of infants from the communty as well as the church f8mlly. In Nov8mb8r. St Glles held the1rffi full immersion baptism setvice. One man was baptised and tsyo other men reaffinned their baptismal vows by full immet5ion. Weddln s- there We theweddIng$ held at Sl Giles during August- Oclober. Funerals- overthe course of Ihe yeartheTe We 11 fiJner8ls hèld at St Giles, most often followed by crematiijn at Breakspear Crematorlum. There were 9 funerals al places olhèrthan Sl Glles, ¢hurch and we also ¢ond(Kted11 burial of ashes in our graveyard. Other sl nificant events thls ear: In Febnjary, St Giles church was broken Into. Damage was sUstaIr in the poth a1 to the stained glas5 Orchard Wlndow and a numberof items tre stolen. The offender was caughtand iailed and Ihe window is due to b8 ry)aired in 2025. In March, we launched the Chap@l Restoration Appeal, lo wlore St John's Chapel at a cost of £85,000. In June, we saKI g¢J)dbye to our Commissioned Lay Minlstèr Emma Taylor. Shè was Ordained Deacon In June 2024 and moved to Portsmouth Dioces8 to lake up hercuracy as part of the team w01ng across five parishgs in the Cowes area ofthe Isle of Wi9ht. St Giles started the year in v&Ancy. The post for Reclorwas advertised in January and a short Ilstof 3 candldales produced. These c8ndKlales attended a Parssh Vislt Day in February followed by interviews. As a result, Rev Chrfsllne Britton wa5 selected to be the new Re¢lorfor Sl. Giles, Ickenham and her Insttution and Induction took pEace on 16th July 2024 officiated by Blshop Lusa Nsenga-Ngoy. In October, we sald goodbye lo Navlna Thompson, ourAssc¢iate Prfestwho has Ined the Chaplalncy T6am at Ealing Hospttal. Church attendance and electoral roll. At the time ofthe APCM in April 2024 th8 elthral roll wa$196. There a a numberof people who ¢ess th8 8am BCP streamed seNice via You Tube. During a'nom1, we&k theTr atg an average of110 attendees across ourfour services. PCC membeTS who have served during the period1 January 2024 to 31 December 2024: Redor The Rewd. Chrfl eritton (from July 20241 Assocl8le Prlesl The Revd. Nevln& Thompson f$leppeddNn (lober20241 Lk8nc8dL8yRe9d8r MrD8vid Thould COmn$S1on6dLéyMinIS10r Mts SB180kM8R ComnwsstonedLaymlnlsler Mfs Emm8 f8ylorl8t8ppsddownJune 2024J ChuFchw8rd6ns Al V&rt8y MrG8off Edwards Mrs Ros6maryHodgson Mrs JullH8nTS Pow6N MrRog¢r deld MRaChl0 Miss Ann8Swer MfrE LyrnDouglass Pam Ash mrc0 Burgess MFS N8jl8 Math MrPal fevenyer Mrs Diana May HollyBaker Elededmemh ftoAPCM2024) FqU8lty/div8fyAne{th9lon le8dJ PQGSletsryJ [s*ttardlng 0rf Gwpted[Hon frUrPr] ¢W¢dlGWldMs¢h8twnJ
FINANCIAL REVIEWAND GOING CONCERN STATEMENT Regular giving. together with GiftAid, met with expectations this year, albeit at a lower total than in prevlous years. However. there was a significant shortfall in the level of fund-raising income and also in 'one-off unrestricted donations. Expenditure was essentially in line with budget, substantial tree pruning costs in the churchyard were offset by lower maintenance and energy costs. The General Fund recorded an operating deficit of £34.000 for the year, somewhat higher than the original budgeted deficit of £27,000. This shortfall was met from resetves. The major issue facing us currently continues to be the extensive damp problems in St. Johns chapel. A Fund of around £26,000 has been created. from donations and intemal resources, toward these costs and applications for grant funding are now in an advanced stage. The Church Hall generated £43,000 of income in the year, principally from lettings. This enabled a number of much needed maintenance and facilities projects to be completed including flat roof and window replarnents. floor resealing, decorating works and a new set of chairs in an accessible storage system. The Rukiga Fund continued to 8UPPOrt over 50 children through their education years in Uganda, donating over £21.000. These donations and other support were financed from regular sponsorship and fund ralsing activities. The Ickenham Church News (ICN), our parish magazine, funded all its printing and production costs from advertising revenue and recorded a modest surplus at the end of the year. The PCC have reviewed the church's financial position including projected income and expenditure in the coming year, the level of cash and reserves together with the system of financial management. A5 a result of this review, the PCC are of the opinion that the church is well placed to manage its operatlonal and financial risks suc$$fUlly. The PCC have a reasonable expectation that the church has adequate resources to continue in operational existence for the foreseeable future and therefore Continues to adopt the going concem basis of accounting in preparing annual accounts. RESERVES St. Giles is a medium sized church in a reasonably affluent area. Annual unrestricted income is currently around £151,000 including £43.000 from church hall lettings. The church currently employs one part time member of staff at a cost of £15,000 per annum. The condition of the buildings is generally good for their age although significant maintenance work is still required on the plaster work. external walls and in St. Johns chapel. The church currently has general liquid reserves of £48.000. A further £26000 is also set aside, specifically for St. Johns chapel.
The PCC discussed the following factors in arriving at their reserves policy: Revenues are not increasing. and it is likely that reserves will not be able to bridge the gap caused by any loss of revenue in 2025. Hence a balanced budget in General Fund must be achieved. Money should only be kept in reseNe for specific reasons- whilst the Bible clearly indicates that we should not hoard, it is also clear that sensible planning for known events and responsibility for others {including employees) is important. A wish to have six months running costs in cash reserves in case of a major problem (£52k) In addition to have six months. salary costs in serve {£7k) Of particular conrn is plasterwork in various parts of the church. Extensive works on the external walls have taken Pla already but further costs are inevitable. A priority is the necessary repairs in St. Johns Chapel. Reserves already set aside from internal resources will not be enough and so extensive grant funding is required, with applications in an advanced stage. The PCC have formulated a renewed Mission Action Plan. There is a general wish that more should be spent on outreach in the communty. This includes working with families, children, the lonely and isolated. Policy: It is the policy of this church to hold in reserves the equivalent of six months general running costs and an additional six months, salary costs. It is also our policy to hold an amount for agreed maintenance, including the works in St.Johns chapel, and other costs which are expected to arise in the short term. Further to this, to hold a reserve for our Mission Action Plan. The PCC believe that, at present, we have £48,000 in reserves in respect of our running costs and salaries. A further £25,000 is set aside towards the required maintenance in St. Johns Chapel. Currently there are no further reserves to cover the other categories mentioned above. The PCC are mindful of the need to cover the effect of falllng revenue and also of the fact that the full amount required to cover th8 maintenance work will require a significant fund-raising effort. Therefore, the allocation of these reserves will remain under regular review. Adopted by the Parochial Church Council on March 18th 2025 Signed by Revd. Christine Britton (Rector)
PAROCHIAL CHURCH COUNCIL of ST GILES, ICKENHAM Rèport of Indèpend•nt Examinerto the PCC of St Gllos. Ick&nham This report is oft the financial ststemenls of the PCC for the year ended 31 Deomber 2024, vthich ar8 set out on pages 6 to 17, in respect of an examinalion carried out in accordance with the Church Accounting Regulations 2006 and the Charities Act 2011. Respèctlvo r88poniibllltl•s of trustses and examinor As members of the PCC you aro r8sponsible for the preparation of the financial statements. You conslder that an audit 15 not required for th15 y8ar under *¢tion 144 of the Charities Act 2011 and that an indepènd8nt examination is needgd. It Is my Rspon8ibllhy to: examine the accounts under sectlon 145 of thg Charitles Act. to follow the procedur8$ laid down In the general Directions given ty the Charity Commisslon (under 8e¢tlon 145{6}Ib) of the Charllles Act). and to state whether particular matt8rs have ¢ome to my attention. Basls of thi• report My examlnallon was carrled out in acGordance wlth the General Dlrectlons given by the Charlty Commission. An examination Includes a review of the accountlng records kept by th6 PCC and a GomparSson of the accounts presented with thos& rocords. It also includes onsideralion of any unusual items or dlselo$ures in the accounts, and seeking @xpl8nation¥ from you as Iruslees wnceming any such motter8. Th8 procedures undertaken do not provldé all the evidenc& that would b& r8quired In an audit, and conseqLtenlly no opinion 18 gSven as to whether the accounts present a'lrue and fair VI and the report 1$ Ilmiled to those matters 881 out in the 8lalèm8nt below. Ind•pondent •X4mlnfrrf¥ 8tV4tem•nt In connection wth my èxamlnalion, no matter ha8 como ta my attention.. 1) which glves me re88onable cause to bellev8 that, In any mater181 sPec( the requirements - lo keep accounting records in accordance wlh seelion 130 of the Charille$ Act; - lo ppare financial statements whleh accord with thg accounting records and compty with the accounting requirements of th8 Charili88 Act and the Regulations have not b68n mel: or 2110 which, In my opinion. attention Should be drawn in order to enabla a proper understanding of the financial statemènts to be reached Mrs. Fiona Chandramohan FCA 7th MarGh 2025
PAROCHIAL CHURCH COUNCIL of ST GILES. ICKENHAM ststemont of Financial Activtties for the year ended 31 December 2024 Unrostrlcted Restri¢ted Endowment Totsl Funds Total Funds Funds Fuftds Fund 2024 2023 Note Income and endowments from: Donations and legacles Income from Gharitable activities Other Iradlng activities Inv8stments 98.008 8.129 897 3,222 41,369 5,883 56.617 139,377 12.012 57,514 3,222 123.932 12,885 47,823 3,825 Totsl incom• and èndowments from: 108.266 212,125 188,465 Expendlturn on: Ralsing Funds Costs of generatlng voluntsry In¢ome FUnd-raIng tradlng costs 311 120 218 2,031 529 2,1 $1 485 476 Expenditvrè on eharllablè actlvitles Clergy and dioces8n costs Church running expensès Mlsslonary and charitable givlng Church services JunloT churGh Church hall Churchyard Church magazine {ICN} Community activrf(le¥ Chur¢h office Printing & 8lallonery Bereavement GQUn5elling training YoLtlh,Famllles and Childrens work Mlscellaneous 95,391 11,2S6 7.347 4,932 95,391 12,1SO 30,035 5,857 90.014 18,473 28,261 5,851 40 36.695 3,214 6,S01 3.631 15,500 1.077 335 2,396 22,688 925 10 11 12 13 46,209 3.547 49,756 3.130 7.258 4,059 17.024 1,129 245 3,130 7,258 2,831 1,428 17,024 1,129 245 14 Tolal •xpendlture on: 142 313 82,854 3,547 228.714 213,331 Net Incom• l {expendlturè) r8#ourcas b•for8 tmnsfer (34.05n 21,01S (3,647} (16.5891 (24.8661 Transfèrs Gross tran8fers beiwe8n funds-in Gross transfers befvRen funds-oul 34,000 {34.000) 34,000 {34.0001 23,000 (23,0001 Not mo¥8ment In fund$ 134,057> 21.016 13.547) (1689) {24,866) Rgconcyliatlon of funds Total Funds brouoht fopward at 1 January 2024 79.088 67,098 267.769 413,955 438,821 Total Funds Carried forward at 31 December 2024 45,031 88,113 264.222 397,366 413,955 Thè notes on pages 8 to 17 fom part ofthese accounts
PAROCHIAL CHURCH COUNCIL of ST GILES, ICKENHAM Balanco Sheet at 31 Do¢•mb•r 2024 unStrICted Restricted Endowment Total Funds Total Funds Funds FuTrd$ Fund 2024 2023 Fixed as8ets Tangible fixed assets 16 264.222 264,222 287,769 Currentassgts Debtors Short lem deposits Cash al bank and on hand 17 16,846 48,998 {18.0941 4.751 6500 84.585 21,597 55,498 66.491 17.547 67,018 74,447 Total current assets 47,750 95,836 143.586 159,012 Liabilili8s'. amount fallfrng due wfthin one year 18 2,719 10,442 12.826 Net current a88ets 45,031 88,113 133,144 146,186 Total a880ts 199¥ curront Ilabllltl•8 45,031 88,113 264,222 397,386 413,955 Llabllltl•$ due after on• y•ar Total Not ••••ts 19 46,031 264,222 397 386 413.95S Fund• G8n8ral Fund De8lgnated Fund8 Resthcted Fund$ Endowment Fund 2011} 20{11 869 44,362 669 44,382 88.113 264,222 707 78.381 87,098 267,769 88,113 20INi} 284,222 45,031 88,113 264.222 397.366 413.955 The notes on pages 8 to 17 fotTn part of Ihese aGGounts Approved by the Parochlal Church Councll on 18th March 2025. and signed on its behalf by-. Revd. Christine Britton (Reclorf) Mr. Colin Burg8ss ACMA CGMA lfrkjn. TreasuTer)
NOTES TO THE FINANCIAL STATEMENTS year ended 31 December 2Q24 Accounting policies These a¢¢ounts have been prepared in accordance with the SORP AcGounting and Reporting by Charities preparing Iheir accounts In accordance with FRS102 applicable in the UK and Republi¢ of Ireland issued 16 July 2014, and with the Charities Act 2011. The financial statsm8nts have been prepared under the historical cost convention. Joint organi5ations The Holiday Club operates under lh8 lolnt auspl¢es of the PCC and the Elders of the Ickenham Unlted Refom)ed Church. For the purposes of these financial statements it is trea18d as a restricted fvnd, and it's financial affairs are incorporated in full hearin. Funds Unrestricted funds represent th8 funds of the PCC that are not subject to any restrictions regardlng thelr use and are available for application on the general purposes of the PCC. These clude fund8 designated for a partitsular purpose by the PCC. The p(trpose$ of the restrfcted funds and of the major deslgnatsd funds are noted Sn the financial Statements. The flnancial statements include all transactions, assets and Ilabllitie$ for whl¢h the PCC can b8 held responsible in law. They do not Include the financial stat8menls of church groups that owe their main 8ffi1ialion to another body nor those that are infomial gatherings of church memb&r8. Ineomlfig Ré80ure•8 VoluntarylnGom& and capltal sources Collectlons are recognlsod when recelved by or on behalf of th8 PCC Planned gtvlng recelvable under Gfft Ald18 rewgnlsed onty when recelvad. Irthme Tax recoverable on Glft Ald donations is r8cognised when the Income Is r6cognised. Grants and legacles to the PCC are accounted for as soon a5 the PCC Is notified of its lega5 entiUement, the amount du8 is quantifiable and its ultimate receipt by the PCC Is re880nably ¢ertaln. InGome from fund raising events18 accounted for gross. Sales of chur¢h brochures 8nd similar it8ms ar8 accounted for gross. otherlncome Rentsl Income from the letting of church premises is recognised when the rental Is reIved. Interest entiuements are accounted for as they accru8. R¢sour¢es used Th& agwd contributlon to the London Diocesan Fund is aGcourited for when paid. Any amount unpaid at 31 December is provided for In these financial s18temenls as an operatN)nal (though not a legal) Itability and is shown as a creditor in the Balance Sheet. Grants and obligations are accounted ft>rwhen paid over. or when awarded, ifthat award creates a binding obligation on the PCC.
NOTES TO THE FINANCIAL STATEMENTS year ended 31 Detsmber 2024 Fixed assfrts Consecrated property and movable church fumishings Consecrated and beneficed propety of any klnd Is exclud8d frorn the flnanclal statements by S 10{2)lal and {¢) of the Charltles A¢t 2011. Movable church fumishings held by the Rector and chuhWardens on speclal trust for Ihe PCC, and which require a faculty for disposal, are COunted for as inalienable property unless nsecrated. They are listed in the church's Inventory which can be inspected {at any reasonable mel. For Inalienable property acquired prior to 1999 there is insufficient Gost inft)rmation available and therefore such assets are not valued in the financial statements. Items acquired since 1 January 1999 have been capitalised and depreciated In the financial statements over Iheir curronty anticipated useful economic life (initially over 15 y8arsl on a straight lin8 basis. All expendllure Incurred In the year on consecrated or beneficed buildings, individual items under £1000 or on the repair of movable church fumi5hings acquired before 1 January 1999 is writtan off. Olherbuildings Bulldlng costs for the Church Hall are d8preciated on a slralght Ilne basls over 100 years. otherflUres, fittings and gqulpment Deprecialion Is on 8 straight Ilne basis over 4 yèars. Indlvldual ltsms of oqulpment l or sets where appropriata) with a purchase prlc8 of £1000 or less are written off in th8 period in whlch the asset 18 a¢qulred. Curront asBots Amounts owing to Ih? PCC at 31 December in re6pect of fees, rents or oth8r Incom8 are shown as debtors1888 any prov151on ft)r amounts that may prove uncolled8ble. Short term deposlts Include cash held on deposit with the Cèntral Board of Financè of thè Church of England. Donatlon8 and legaci88 Unrostrl¢ted RtrIcted TOTAL FUNOS Funds Funds 2024 2023 Planned glvlng.. including Gift Aided tax recoverable Collections at services etc. including GiftAided lax recoverable Legacles and In memoriam donatlons including Gift Aided tax coVerable Other donations induding GfftAÈded tax recoverable Grant income received £62,340 67,230 15,585 67,230 68,983 15,585 15,735 £4869 9.160 2,217 9,160 2,217 8,758 2,162 5,000 5,000 £20.493 31,618 35,C62 22,603 4,751 5,123 3.050 2,641 41,369 139,377 123,932 372 98,008 A further £ 2,224 was collected on behalf of the following charities: Hillingdon Food Bank. CRISIS, HomestarL Save the Children (Lebanon appeal), Bishop ofwillesden Discretionary Fund, Childrens Society-
NOTES TO THE FINANCIAL STATEMENTS year ended 31 December2024 Unr8¥tri¢ted Rth%tri¢tsd TOTAL FUNDS Fund$ Fund$ 2024 2023 Income Irom charitable actlvldes Fees Hall letting Communty a¢tivitigs 4.147 252 1,482 4,149 4.399 1,482 6,131 5,135 1.425 6.325 1,982 885 (these act6vrtle8 Include Jack & Jlll Group togetherwilh Sunday lea & coffee I Otherlrnding attiviti•s ICN a¢fverti8ing Hallltstting Chrtstmas F8stival CalendaT sales Fund raising evènts and sales 8.270 8.270 41,879 41,879 106 1,003 735 735 5.627 5.627 7.182 35,762 613 62 4,184 897 7 57 14 47. Co•ts of yngTatlng voluntary Income Stew8rdshlp 8nd Gfft Ald'Yo111)W ¢nv&lope$ Processlng fe88 51 414 245 218 Fundnl•lng tradlng Costs Fund raI81ng even18 Christm8$ festival costs Calendar prfnling 585 258 1.188 585 378 1.188 120 Clergy and dlocrtan ¢08t8 Local and central costs vla LDF Expenses ofthe dergy TelephonelSe¢urity syslgms for Rgctory Walar sarvlee chargès for Rectory 92,184 1,613 1.059 555 92.184 87,775 1,613 1.059 555 1,069 474 90,014 Tha agreed conlribuljon to the London Dloeesan Fund Is £ 92,164, matching their estimate of the cost of providing a Thinisler lon an avgrngg basis} plus a fair shgr9 of dioc9sAn central costs. 10
NOTES TO THE FINANCIPL STATEMENTS year ended 31 December2024 Unrostrfcted Restrfcted TOTAL FUNDS Funds Funds 2024 2023 chUb runnlng ?xpen$e¥ Ltyhting, heaong, watsr rots8 In8uran Fits oxtinguish$rslrisk assessment Gas bDikr Servicing and repair DepTsrialion of boiler rooml d15abkd WC Ekclrt¢al repair8,te8t lees.floodlghts 1knts18nd gutte Arehlteebjral and InspecllDn fees Mu¥1¢ obiAg1 QIIFlre safetywork8 on churth door5thndows Loop System R•plaeem•ntlocks Ofher fees, malntenanrA and repalr¥ 4,270 3.797 812 4.270 3.797 012 5,567 3.760 513 481 t20 1.150 1,705 1,600 2.410 881 870 870 894 894 175 46 125 17S 125 537 11,256 12.150 18,473 Ml8•lonary and charltabl• glvlng Churth Mi58ion Society Afri¢4 Kklkl Hospllal Partner8 Blshop of Wlllesden Fund ISchool$l Hillingdon Wom•ns Centrn Child B8r8averMnt Chrisllan Shooting St8r CHASE Brill8h Red Cross Open Doors Blblts Socrety DEC Mlddle East app•41 Harlington H¢$pl¢ Spitalfjelds Crypt 7w6t Emoru&nGy Family Fund (Ruklgal Ruklga Youth Project Spon$orod thildr•n IRukig91 Rukl9a annual w8t¥r rn8lntsnanc• Halo Chlldrens Foundation Peialj Baby Lo$$ Councilling A Rocha Mothers Unlon other doft4lions 1,200 1.200 922 400 1.200 1,200 878 400 400 600 400 200 400 400 922 4CO 400 400 400 400 400 400 400 400 400 4QO 400 400 400 400 2,000 4,500 15.988 14,318 125 4,700 16,988 1,000 1.000 1,000 400 400 25 22,688 30.035 400 400 25 7.347 400 400 42 ,261 11
NOTES TO THE FINANCIAL STATEMENTS year ended 31 December 2024 Unrestrfcted Restricted Funds Funds TOTAL FUNDS 2024 2023 10 Cost of church 8ervic05 Organist Fees Floral arrangements Wine, wafers, candl&s Licence for reproducing copyright material Mothering Sunday and Christingle SeTViC8S Printing and other expenses Glass cruet set ft>r Communlon 3,425 3,425 925 443 3,425 959 415 806 103 58 85 925 847 103 114 103 114 925 5,857 5.851 Restrlctod Endowmont TOTAL FUNDS Funds Fund 2024 2023 11 Chur¢h Hall costs Insurance Heating, light.water CleanSng Roof wlndow8 replacement Redecoration eosts General maintenance and repair8 Roof repairs and gutters Carpet Illes replament Rèplacement cha5rs Floor sealing LED and Emergency lightin9 ElectrScal repairs and maintenance Healing system malntenance Depreciation A18rn1 System In5tallatlonlmalntenance Telephone, administrabve and miscellaneous 2,651 11,453 10,845 3,900 2,975 216 3,576 2,651 11,453 10,845 3,900 2,975 216 3,576 2,342 15,586 8,347 450 1,453 950 2,789 5,880 2,789 5,880 1,140 440 485 440 485 3,547 72 927 3,547 3.547 1,900 981 72 927 3,547 49.75 6,695 Unrestrlcted Restricted Fund8 Funds TOTAL FUNDS 2024 2023 12 Churchyard Garden of Remembrance refurbishment Major tree pruning New compost facility Replacement garden maehlnery Routin8 garden & malntenance costs 1,350 2,307 2,307 930 104 830 376 447 376 447 3,130 30 3,214 13 Ickenham Chur¢h News costs Printing & Design Computer and website Costs Postagelmiscellaneous 7,150 10 98 7.150 10 98 6.846 10 45 7.258 6,901 12
NOTES TO THE FINANCIAL STATEMENTS year ended 31 December 2024 Unrestricted Restricted Funds Funds TOTAL FUNDS 2024 2023 14 Church Offico Gross salary 12024.. 1 employee. 2023.. 1 amployeel Employers pensionllrfe assurance Computer 8nd SOfare Telephone Payroll and other office costs Replaoement office chair and equipment 14,040 632 249 877 14,040 632 249 877 12,109 545 1,092 895 859 378 378 17,024 17,024 15.500 15 Related Parties Expenses Including car mileage allowance, travel costs, computer expenses and administrative Costs were paid to 3 members of the PCC, amountlng in total to £ 699 (2023". £975) No other payments.employee benefits or expenses were paid to any other PCC member, person$ closety conne¢ted to them or related partl88. Donatlons from related partles IPCC members) In aggregate amounted to £ 10,225 and received without any roslrictions as to thelr use.12023: £ 11,3701 13
NOTES TO THE FINANCIAL STATEmE[s year ended 31 December 2024 16 Fixed assets Hall (freehold) Hall Church equipment equipment TOTAL Gross cost at 1 January 2024 additions in the year at 310ecember 2024 Depreclalon at 1 January 2024 charge in the year at 31 December 2024 354,679 22,045 124,309 501,033 354,679 22.045 124,309 501,033 86,910 3,547 22,045 124,309 233.264 3,547 236,811 124,309 Net book value at 1 January 2024 at 31 December 2024 267,769 264,222 267,769 264,222 The land for the church hall cost £520. The front hall was built in about 1933 at a Cost of £2360. The rear hall was built in about 1938 at a ¢o$t now estimated at £1200. Refijrbishment costs of £350,599 were capltalised in the years 1996 to 2004. The church hall kilchen undefwenl a major refurbishment in 2017. The total cost of £ 22,045 was capit81ised and depreclated over 4 years GommenGing 2017. The Installation of a new bo118r facility for the church together with a disabled WC was ¢ompieled be88n 2018 and 2020 at a ¢0st of £92,268. 2024 2023 17 Dobtor8 T8x recoveTabl&GIft Ald Interest on deposlt a¢¢ount Insurance clalm outstandlng other debtors 18,587 659 2,214 137 16,250 977 320 17,547 18 Llabllltlos :amounts falllng due wlthln on• ygir Accnjals Deferred ICN advertising income Money received on behalf of other charltie$ 2,719 8,445 1,278 8,197 6,504 125 10,442 12,826 Advertlslng Income for the church magazine received In respect of the following year 1$ deferred at the balance sheet dale and included in income next year. 19 Analysis of net assets by fund type Unrestricted R95tri¢ted Endowment Funds Funds Funds TOTAL FUNDS Fixed assets Current assets {gro89) Current liabilities 264,222 264,222 143,586 (10,442) 47,750 (2,7191 95,836 (7,723) Fund balances 45,031 88,113 264.222 397.366 14
NOTES TO THE FINANCIALSTATEMENTS yearended 31 December 2024 20 Fund dtsi18 and mo¥8rnents Unwtslcted funds Funds have been $¢t as& for sp2ufic pu¥poses. The majorones are.. MlsslonA¢bon Plan- D88igna18d fund set aside in supportot Mi¥¥lon Acbon Plan obiectiyos. Lega(xes- UnTe8tNcted legAeies providlng 8 r858rv8 for running costs andfirtur¥ major projects. Forb8n8fit Ofchlkln oflhe Chh communty. g$pwallylh& tholr. Available long temi for maintèftance. ¥&furbishment or r8plac•mentol Ihe organ. Gfobons Orga Balance I January 2024 Mov•¥MNts In Y•8ourc•s 8alancè 31 D8mber Incoming Oiit9olng TAn•f•rn Mission A)n Plan IMAP Legacies Gibbons Organ 7,B33 59,494 500 1D,554 19 12,0001 132.0001 5,814 27,494 500 1D.554 78,381 707 19 134,0001 34,000 44,362 General Fund 108,258 108.256 142313 45,031 Atransfer of£ 320 wa8 madè from Legacy Fund and of£2000 frorn Ml8?lon Aetion Pln to General Fund to 8UPPOrt onftuil runnlng costs. RtrIct•d Fund• Somo fund8 are held for regtrlcted purpo58s or, kn the se of Hollday Club and Jad( and J111 group, rolats to separate orgon¢Jgllons. Balanc• l J•nu•ry 2024 Mo¥•mènt In M•our¢ Balanc• 31 D•¢•mb•r 2024 Incomlng Qutgolng Trnn•hrn Youth Work Ch81 hureh Hall Chureh Fabric CLICK Rukiga Church flowers Hollday Club ICN J8¢k and Jlll Group 1389 6500 19045 1447 30552 1339 837 1389 25291 16197 3447 316Sg 1490 43361 2000 46209 22439 1183 1334 1160 8595 4188 7258 4871 3819 2824 3507 67098 103889 82854 88113 Endowmènt Fund The Churth Hall is h8ld under u trust deed dated 3 Ng¥ember 1932 piimarily f educauonal purposes. ThBre 18 8 PDwor to sell Ihe premises, tsu8¢1 10 thè consènt ol the London Diocosan Fund, and to distributèth• proceeds. Balance 1 January 2024 Movorntnts Sn r•soumg Balancg 31 D¢cmbor 2024 In¢omlng Outyolng 267.769 3,547 264.222 15
NOTESTO THE FINANCIAL STATEMENTS year ended 31 D8c&mber 2024 21 Church Workers Penslon Fund (CWPFI St. Giles Church participates in the Pension Builder Scheme section of CWPF for lay staff. CWPF is administered by the Church of England Pensions Board, lch holds the CWPF assets separately from th08e of the Employer and other participating employers. CWPF has sections: 1.The Defined Benefits Scheme 2.The Pension Builder Scheme, lCh has subsections., a. A deferred annuity section known as Pension Builder Classic, and, b. A cash balance section known as Pension Builder 2014. Penslon Bullder Scheme Both sections of the Pension Builder Scheme are classed as defined benefit schemes. Penslon Bullder Classlc provides a pension, accumulated from Contributions pald and converted into a deferred annuity during employment based on temis set and reviewed by the Church of England Pensions Board from lime to time. Discretionary incréases may also b& added, d&pendlng on investment retums and other factors. Pen3ion Builder 2014 Is a cash balance scheme that provldes a lump sum which members u88 to provide b8nefils at retlrement. Penslon conlribullons are reGorded in an account for each member. Discretionary bonuses may b& added before retirement, depending on investment returnB and other factors. The account, plus any bonuse5 declared is payable, unreduced, from age 65. There Is no sub-dlvlslon of as8els ben employ8rs In each sectron of the P8nslon Bulldar Schom&. The scheme18 ¢on8ldered to be a multiryemploy8r scheme as described in Sectlon 28 of FRS 102. Thls Is because it is not POS5ible to attribute the Pension Bullder Sch8m8'5 assets and Ilablllties to $peclfic employers and means that contributions ar8 accounted for as if thè Schème were a deflned contrfbutlon Scheme. The penslons costs eharged to the SOFA In the year are the contrIbuOn$ payable {2024: £ 562, 2023.. £ 484). A valuatlon of the Penslon Builder Schem& Is carrled out oncè évery thre8 years. Th8 most recent valuatlon was carried out as at 31 December 2022. For tho Penslon Bulldar Classlc sectton, the valuatlon revealed a surplu8 of £34.8m on the ongoing assumptfons used. At the most recent annual reeW effective 1 January 2025, the Board chose to grant a dlscretlonary bonus of 6.7Q/o to both penslons not yet In payment and pen8ions in payment in respect of servlce prior to Ap1 1997.. and a bonus on pensions in payment in respect of post April 2006 serwce so that th8 p8nsion increase was 2.7 10 Iwhere usually il would be calculated based on inflation up to 2.5°/0}. This followed improvements in the funding p¢)sltion over 2024. There18 no requirement for deficit payments at the current time. The next valuation is due as at 31 Dmber 2025. For the Penslon Builder 2014 section, the valuation revealed a Surplus of £8.5m on the ongolng assumpllons used. There is no requirement for deficit payments al the current Ilme. Th818gal structure of the s¢h8m61s such that if another employer fails, St.Giles Church could become responsible for paying a share of the failed employe¢s penslon 16
NOTES TO THE FINANCIALSTATEMENTS y•arnded 31 D¥mber2024 PAROCHIAL CHURCH COUNCIL ofST OILES. ICKENHAM StateThont of FlnaN¢lal A¢tlvlfl&s lorthe prloryearended 31 Do¢èmb•r 2023 Unre8trict8d R88trÈcted Endowment Total Funds Total Fund6 Funds Funds Fund 2023 202Z Incorne and 8ndowmTrts from: Donations and legats•s Income from tharilable a¢tivity8S Olher trading a¢tiviti95 Investments 104.527 7,519 2,147 3,825 19.405 1Y3.932 12.885 47.823 3.826 139,D22 10.822 43,512 1,247 4S,876 Total Income •Dd •ndowrnent8 from: 118.018 188A66 194.603 Expèndlium on: RalBing Fwids Costs generan0 voluntary Incorn Fund-ralsing tradlng costs 229 416 425 62 478 Eynditure on Charitab acllvllé? Clgrgy and diocesan eDsts Church running 8ypèn5èS Missionary and ¢haritoblè givlng Church 8ervic Junlor church Church hall Churchyard Churth m4azlne IICNI C¢xnmunity acllvltle8 Church offlce prtntsng & stallonery Bereavement coun5è11ing training Youth.F8mi1Se¥ and Childrans work 90,014 14,463 7,320 4,892 90.014 18,473 28.261 5,851 40 36,695 3.214 8,901 3.831 15.600 1,077 335 2.396 87,099 38,927 31,809 6,327 4,010 20,941 9S9 10 11 12 13 $3,148 930 6.901 2.591 633 3,547 31,425 8es 6,547 3,633 14,030 1,033 440 2,484 122 14 14.887 1,077 335 15 2,398 Totsl •xp•ndttur• on: 136977 3,647 213331 Nètlntom• I 1•Xp•ttdlrnI Y••our¢•• b•lorn trnn•l•r 118,9591 12,3601 13,6471 132J251 Trnn•f•r• Gross transfers betyRen fund8.ln Gross transfers behEen fundB-ouI 16,500 123.¢XJDI 8,500 23,000 123.0001 25.700 {25.700} N•tm¢v•mnt In fund• 128.4691 4.140 13,6471 124A661 132.3ZS1 R•conclllallon of fund• Total Funds broughtfoNRrd at 1 January 2023 104,547 62.958 271,316 A38.821 471 146 TolBI Fund8 carrled fopward 8t 31 Dmb¢r 2023 79,088 67.098 267.769 413,9SS 438,821 17