## **THE PAROCHIAL CHURCH COUNCIL**
## **OF THE ECCLESIASTICAL PARISH**
## **OF ALL SAINTS, FULHAM**
**(REGISTERED CHARITY NUMBER 1130273)**
## **ANNUAL REPORT AND ACCOUNTS**
**FOR THE YEAR ENDED 31[ST] DECEMBER 2024**
## **THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ALL SAINTS, FULHAM**
**ANNUAL REPORT OF THE TRUSTEES FOR THE YEAR ENDING 31[ST] DECEMBER 2024**
## **Legal and AdministraIve InformaIon**
Status: The PCC is a registered charity, number 1130273 Legal Form: The charity is a registered charity in England, consAtuted under the governing document Governing Document: The Church RepresentaAon Rules and the Parochial Church Councils (Powers) Measure OperaAonal Address: All Saints’ Church, Fulham Pryor’s Bank Pavilion, Bishop’s Park, London, SW6 3LA Bankers: NatWest Plc ; CAF Bank Ltd. Independent Examiner: Robert Ashdown, ICAEW 75 Brookville Road, London, SW6 7BH
## **Administra+ve**
Each member of the Parochial Church Council is elected by the members of the congregaAon of All Saints present at the Annual Parochial Church MeeAng. Together with the clergy, they form an execuAve commiZee to promote the whole mission of the church in its parish: pastoral, evangelisAc, social and ecumenical.
## **Membership**
The PCC is consAtuted in accordance with the Church RepresentaAon Rules. Members of the PCC are either elected by the Annual Parochial Church MeeAng (APCM) for a three-year term or serve by virtue either of the posiAon they hold or of elecAon to the Hammersmith and Fulham Deanery Synod.
Members of the PCC during 2024 were as follows:
|Incumbent:|The Rev’d Penny Seabrook (unAl 4thJanuary 2024)|
|---|---|
||The Rev’d Peter Dobson (from 10thSeptember 2024)|
|Associate Vicars:|The Rev’d George Meyrick|
||The Rev’d Penny Seabrook (5thJanuary 2024 – 31stMay 2024)|
|Churchwardens:|Laura Auckland (unAl 14thMay 2024)|
||Paul Hall|
||Douglas Downie (elected 14thMay 2024)|
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Licensed Lay Minister: Mary Tweedie Elected Members: Edward Fryer (unAl 14[th] May 2024) Ann Lusmore (unAl 14[th] May 2024) Paul McCarroll (unAl 14[th] May 2024) Joanna Northridge (unAl 14[th] May 2024) Tom Quy (unAl 14[th] May 2024) Vernon Burgess Amanda Burton James Dean (unAl 14[th] May 2024) Ian Ritchie Katy Saunders Owen Toller Nicholas Young Raj Berry (from 14[th] May 2024) Debbie Emerson (from 14[th] May 2024) Carolyn Leigh (from 14[th] May 2024) Deanery Synod Reps.: Derek McCrae Emily Richardson Frances Tweed-Clarke Frances Jane Thompson Moore (from 14[th] May 2024) Co-opted Members: Donald Johnson (Honorary Treasurer) Laura Neilson (Honorary Secretary) Peter Burberry (from 24[th] September 2024)
The PCC met on eleven occasions in 2024: in January (twice), March, April (twice), May, June, September (twice), November and December. All PCC meeAngs were held in person during the year, but those unable to aZend in person were given the opAon of joining by zoom.
## **Commi4ees**
The **Standing Commi4ee** is consAtuted of the clergy, the Churchwardens, the Honorary Treasurer and two elected representaAves of the PCC, Ian Ritchie and Carolyn Leigh.
## **PCC Sub-commi4ees**
The following sub-commiZees met during 2024, chaired by the parishioners named below. CommunicaAons: Nicola Thomson Finance: Robert Fryer Hall Development: John BarreZ Hall Fundraising CommiZee: The Vicar Heritage and Church History: Vernon Burgess, with Bobbie Travis overseeing historical research Missions and ChariAes: Jill Wordley
## **Safeguarding**
Champion for 2024.
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## **Duty Wardens**
The Clergy and PCC are grateful to those who served as Duty Wardens throughout 2024: Jonny Briggs, Kathryn McDowell, Hamish McNair, Cat McNair, Frances Tweed-Clarke and Laura Auckland.
## **Risk Register**
The Finance CommiZee on behalf of the PCC conducted a review of the major risks to which the church is exposed, idenAfying the types of risks, potenAal impact, likelihood of occurrence and means of miAgaAon, and is saAsfied that appropriate procedures and controls are in place.
## **Deanery Synod**
Deanery Synod members are elected for a three-year term, the triennium running from 1/7/23, ending 30/6/26. All Saints is enAtled to nominate 6 people for membership of Deanery Synod.
The twenty churches in our Deanery Synod met four Ames in the last year. We discussed issues from the church’s involvement with The Food Bank charity, wider work towards social jusAce around the Deanery, Deliverance Ministry in the Kensington Episcopal area and received a presentaAon from The Rt. Rev’d Graham Tomlin (the former Bishop of Kensington), who talked about his work with Seen and Unseen an online plaiorm from the Centre for Cultural Witness.
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On 31[st] December 2024 there were 434 parishioners on the Church Electoral Roll, of whom 86 were resident within the parish and 348 were resident outside the parish.
During 2024 at All Saints, Fulham there were
- 38 BapAsms
- 9 Admissions to Holy Communion
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- 11 Weddings
- 3 Blessings of Marriage
- 10 Funerals
- 9 Memorial Services
## **Church Life**
All Saints Parochial Church Council (PCC) together with the clergy, form an execuAve commiZee to promote the whole mission of the church in its parish: pastoral, evangelisAc, social, and ecumenical.
The PCC shares the privileges and responsibility of making certain decisions with the incumbent.
When planning acAviAes, the incumbent, churchwardens, and PCC have considered the Charity Commission's guidance on public benefit and the specific guidance regarding chariAes and the advancement of religion. We endeavour to enable ordinary people to live out their faith as part of our parish community through:
## **Worship and Prayer**
Typical Sunday aZendance ran between 250-300 people over the day, with over 1,280 aZending within 24 hours over Christmas and 465 aZending on Easter Day 2024. We conAnued to livestream the 10.30 and 6pm services to YouTube over the year and have seen steady viewing numbers over the year — with 491 views watching the Advent Carol service in December 2024.
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We conAnue to host Carol Services for outside chariAes, termly eucharists in church for All Saints Primary School and an annual Advent service for Lady Margaret's School. Other 'one off’ services included the Blessing of Allotments on RogaAon Day in May, DedicaAon Sunday, the Pet Blessing in October, and a ChrisAngle service in January.
Groups meet monthly in the Lady Chapel on a Saturday for contemplaAve prayer, or - in alternate months -prayer for the ministry and mission of All Saints; a further group pray on behalf of those who request prayer via the prayer mobile. Intercessions are wriZen and led by young leaders at the 9.30 and by laity at the 10.30 Sunday services.
BapAsms took place on Sundays at the 9:30am and 10.30am services, and separately at 3pm, to give families a choice of different service styles. We conAnued to offer communion to the 9.30 congregaAon at appropriate Ames in the school year. Young leaders also act as servers/acolytes regularly at the 10.30 service and read alongside adults on occasions such as the Epiphany Carol service, Palm Sunday, Advent 1 and Nine Lessons and carols.
half of the summer term, with preparaAon for ConfirmaAon taking place during the Autumn term.
A Bible Study group on Wednesday apernoon has run throughout the year on Zoom. AddiAonal groups — led by clergy and laity met at different Ames during the week in Lent to discuss books of specific interest to them.
## **Pastoral Care and Outreach**
team of helpers ably led by Judy Graham, and cooks led by Ann Sloan. The delicious food and warm hospitality are welcomed by those partaking of the lunch. When the hall reopens aper renovaAon, it will offer much beZer kitchen faciliAes, with room for addiAonal lunch guests.
The ever-faithful Parish Visitors team conAnues to meet once a month, to help prepare families for bapAsm, welcome those aZending a wedding or marriage blessing at All Saints and ensure that those who are homebound are not forgoZen in prayer, or in person. This is a labour of love, much appreciated both by the clergy and those on the receiving end, but also a privileged way of expressing pastoral care for people as they negoAate the big milestones of birth, marriage, and becoming dependent on others.
There are also other, less formal ways of serving those we know, and don't know. By joining the coffee or Wednesday lunch rota; helping to build the fire on Bonfire Night, or catering for special services in the run up to Christmas: by serving at the bar run during Music By the Bridge Concerts, or on the Shrove Tuesday Quiz night; minding the donkey on Palm Sunday, or 'church sirng' at weekends; arranging flowers for fesAvals. The possibiliAes are endless!
Those in need of a listening ear, are welcome to contact the clergy for an informal chat, and or informaAon about where specific types of help can be found. Please contact the office, if you are concerned about anyone's welfare so that we can pray, or act, according to need.
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September 2023, the Rev’d Penny Seabrook announced her decision to reAre aper 16 successful years in the Parish, first as Associate Vicar, and then, for the past five years, as Vicar.
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down as Vicar in January 2024, Rev’d. Penny would assume the role of Associate Vicar, which she did unAl May 2024, in order that the recruitment process for the new Vicar could be conducted while she was sAll working in the Parish. We are grateful to the Bishop of Kensington, Archdeacon of Middlesex and to the Rev’d Penny for making this happen.
The Rev’d Peter Dobson joined All Saints from Newcastle Cathedral beginning his ministry as Vicar at a joyous service of collaAon, inducAon and installaAon on 10[th] September 2025. Peter is clearly very much “at home” with the style of worship at All Saints. He has already sought to widen the All Saints links in the community. Amongst Peter’s iniAaAves has been the commencement of regular services in the chapel of the nearby Fulham Palace.
Earlier, in July 2023 the Rev’d. George Meyrick was welcomed as our new Associate Vicar aper compleAng his term as Assistant Curate. George worked Arelessly through the interregnum between Penny’s reArement and Peter’s installaAon and then alongside Peter up unAl moving to his new role as Vicar of the Parish of St. MarAn’s, West Acton and Chaplain of Twyford C of E High School early in 2025. Our huge thanks to George for his years of work at All Saints and for the work, especially, in developing our work with young people, through the youthful energy and commitment that he and his family brought to us.
The Ministry Team will be rebuilt in 2025 with the appointment of a new Associate Vicar and a new Assistant Curate during the year.
Through all the changes our Lay Reader Mary Tweedie has been a constant example to us all in her sermons, prayers, leading of services and all the other work in the All Saints’ Community that she has carried out always with a cheerful and supporAve manner.
We must also menAon the Areless work of Julia ChiZell and her co-workers with the children, with the Summer Club in the school holidays being a parAcular highlight. We were able to secure addiAonal hours from Luke Carson, our Youth Worker, at the end of 2024, to allow us to extend our work in this area.
## **Children and Families Work –** _**Julia Chi)ell (Children and Families’ Worker)**_
2024 was an exciAng year full of more growth and acAviAes for children and young people with their families.
In the past year we have seen junior 9.30am leaders progress and start serving in the 10.30am service, a young regular member become the first intercessor for the 9.30am and young magazine journalist!
We conAnue our outreach community work with holiday clubs, which we have seen a growing need for. We managed this even though we had no hall, and without disrupAon to other groups that use Pryor’s Bank by holding it in the ‘new not yet started’ Vicar’s Garden - well no beZer introducAon to us than summer holiday club! This proved to have many challenges, not least the expense of a much-needed marquee and outside faciliAes, (all sourced by our supporAve and clever Parish Manager, who knows no bounds when it comes to charming a good deal out of companies). But, thanks to the amazing support of our church family, Pop-up god parents made it happen.
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Thanks to the permanent recruitment of Luke Carson to the team, we have extended our groups and have fantasAc growing youth opportuniAes now (see Luke’s report for more details).
As well as midweek playgroups, school holiday clubs, young leader pizza nights, and Sunday family services, we have also had themed workshops such as Mothering Sunday, Good Friday craps, Easter Sunday acAviAes, a St Nicholas celebraAon, and naAvity workshop, which are all Messy Church style, held in church or Pryor’s Bank. We have started lunchAme ChrisAan clubs in our Church School, All Saints Primary.
As always, supporAng the young people and families of our own church community, as well as those in the forgoZen corners of our wider community, comes at a huge cost; summer club alone costs around £8-10,000. I would like to offer thanks to two chariAes, DEBK and the Daisy Trust, for their financial support and many kind words for our community work each year.
support and the amazing moral support for the work we do with children and families, without which I would always be wondering ‘if it’s working’, or “where will we find the money for the beanbags!”
Without the individuals who make up our church, many children and families would not be able to experience lots of things that most of us take for granted, whether that is through financial challenges or as a result of disability.
## **Youth and Young Adults Work** _**– Luke Carson (Youth Worker)**_ Youth Connect
Another year of Youth Connect has gone by with the group now running for around two years. This year we have averaged 10 young people each week which is a small growth on the previous year but more importantly the group has retained young people that otherwise may have lost interest in Church.
AcAviAes vary each week but are always great fun. Youth Connect has an overt ChrisAan focus. The group is designed to be a place of fellowship for young people with the group previously running a version of Compline (Night Prayer). Sessions have now shiped to a discussion with quesAons surrounding God and science and the problem of evil. Many of the young people confirmed recently were regular Youth Connect aZendees.
One highlight of the last year was the group’s Youth Pilgrimage to Westminster Abbey. Something we hope to recreate in 2025.
## YMIC (Youth Ministry in Communion)
All Saints is involved heavily in the YMIC project. Last year YMIC ran 3 large-scale youth events, a residenAal and an older youth paintballing day! These events combine young people across Churches, with as many as 120 young people aZending and parAcipaAng in Taizé style service at the October event.
Having so many young people gathered alongside members of the congregaAon was a truly beauAful service to witness, with those gathered staAng the same. We can open all feel isolated in our faith, and so to have events like this diminish this for all those involved.
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The October residenAal was a great success with 8 All Saints young people aZending out of the 40 aZendees.
We hope to recreate this success in 2025, planning for growth to around 60 young people.
## Young Adults
church. Open it can feel isolaAng and lonely to visit a church and not have a group to join and be involved in. The Young Adults’ group aims to meet at least once a month. The group WhatsApp currently has 23 members with between 4-10 young adults joining on any event. You may have spoZed them during the Quiz night. If you are a young Adult or know one (20/30s) please be in contact.
If you would like to know more about any of the work above, or to get involved, please e-mail LukeCarson@allsaints-fulham.org.uk for more informaAon.
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Considerable progress has been made with regard to safeguarding at All Saints over the last year, not least in regard to safer recruitment, considering historic records, and making the most of the Parish Safeguarding Dashboard to monitor our compliance with the House of Bishops' Safeguarding Policy and PracAce Guidance.
volunteers (Parish Officers, Churchwardens, PCC members, Bellringers, Parish Visitors, BapAsm PreparaAon volunteers, children's workers, and all those supporAng vulnerable adults) are best equipped for their role and compliant with the House of Bishops' Policy requirements. Having completed the training people have found it both interesAng and informaAve and it enhances their role and gives them confidence.
As we are a diverse community it is important that we do not adopt a "It couldn't happen here" approach. Safeguarding is everyone's responsibility. Ensuring that this is the culture we have around safeguarding is important. We are planning a Safeguarding Season/Sunday to help us further embed this culture. (Please also read the Vicar's arAcle in the Easter ediAon of the Parish Magazine).
Peter's arrival a session was held to review where we are in terms of safeguarding, which was posiAve. Here at All Saints we are in the process of establishing a small Safeguarding Team, to ensure that work is shared but also so that knowledge and experience is not all held in one person.
## **Music** _**– Jonathan Wikeley (Director of Music)**_
chamber organ for the church – a rare opportunity to purchase a second-hand instrument in as good condiAon as this. The opportunity was not a Amely one – we were in the middle of raising money for the church hall, so the decision was made not to ask the congregaAon for even more money! In the end the money was raised from a number of fundraisers by the choir; a donaAon from an outside charity; and some unbelievably generous offers of funding from within the choir
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itself. We are truly fortunate to have been able to purchase such a wonderful instrument for the church; and huge thanks to all who helped in the process.
put into preparing and singing for our services – in many cases up to 10 hours per week – for no money at all. I am hugely grateful for the Ame and talent they donate to All Saints to enhance our worship; it is an increasingly rare thing. Thanks also to our Choral Scholars and to Tom Dilley, our super Assistant Organist, who not only plays with aplomb but is also extremely nice to work with. Sadly, he will be leaving us in July 2025 and we wish him all the very best in his future studies.
In addiAon to singing the weekly services at All Saints the music over the course of this year has included a number of premieres of new works, many wriZen by members of the choir – one of whom, Mary Offer, was named in Classic FM’s top 30 rising stars in classical music. The choir took part in the London FesAval of Contemporary Church Music, the farewell service to Penny Seabrook and the InstallaAon of Peter Dobson as our new vicar. We sang a concert at the Clipon FesAval in Bristol, as part of the Music by the Bridge Concert series, sung an Evensong at All Saints Church, TooAng, and – now a regular event – at the London InternaAonal Early Music FesAval in Blackheath. We have also toured to Truro and Rochester Cathedrals. Our annual performance of BriZen’s _Ceremony of Carols_ is now in its fourth year, and before Easter we performed Buxtehude’s _Membra Jesu nostri_ with period instrument ensemble.
JASS (the Junior All Saints’ Singers) conAnues to run successfully and invenAvely under Sam Poppleton’s excellent leadership, for which we conAnue to be extremely grateful. Music by the Bridge also conAnues with the help of Anna Boucher and a host of other helpers, it is an absolutely vital part not only of All Saints’ cultural story, but of its fundraising, and it is very much appreciated.
## **Bellringers – Owen Toller (Tower Captain)**
As last year, we have rung for most Sunday services, for several weddings and for other important events, and we have open managed to ring methods on Sundays. Tuesday pracAces have not always been well aZended, but ringers from other towers have welcomed the specific training that we have offered as being intermediate between that offered by other towers. Our learner Hyacinth has sadly decided not to pursue ringing, following her hernia, but two current learners are making excellent progress. One Tuesday in each month has been designated as specifically a Methods pracAce; this will conAnue, but perhaps with a somewhat less ambiAous choice of methods.
Bell Sunday was once more marked with a series of addresses by the Tower Captain and the welcoming of visitors to the Tower.
The bells conAnue to be in demand by visiAng bands, and we have twice welcomed the Barnes band (of which the Tower Captain is also a member) when St Mary’s Barnes is unavailable for ringing.
The current state of the bells is as follows. An inspecAon by Taylors of Loughborough in January reported that the bells are in good condiAon, with no immediate issues; the leakage of lubricant noted last year is not thought to be an urgent problem. The slight misalignment of pulleys that causes occasional slippage of the rope on the Number 5 is not worth amelioraAng at this stage. The current ropes have been in use for over ten years and are reaching the end of their life expectancies. We plan to replace them in a rolling programme; the tenor rope was replaced last year and three new ropes are about to be delivered. Replacement of one or two spare stays is necessary, and this too is normal.
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We feel that both ropes and stays should if possible be paid for out of the Bell Tower account (as consAtuAng natural wear and tear), and at present the Account is adequate for anAcipated needs. Income to this Account is from fees from weddings and donaAons from visiAng bands and individual ringers; in 2024–5 there were few weddings requiring bells, so income from that source was down, but we already have 8 booked for the next few months.
At the 2024 AGM it was pointed put that at the Ame of the rehang (when the bells were hung lower and therefore projected their sound less) there was a plan to install acousAc baffles that would make the bells more audible, but this has not been pursued.
Two Peal Boards have been purchased with funds donated by the late Sibyl Priestall. They are in the tower, awaiAng wall mounAng.
There has been no further acAvity regarding wiring of sound and vision in the ringing chamber.
The long-anAcipated work on drainage and plumbing has begun but seems to have stalled pending the compleAon of the work on the Hall.
## **Communica+ons** _**– Nicky Thomson (Chair, CommunicaCons Commi)ee)**_
## CommiZee Members
Peter has replaced George as the clergy representaAve on our commiZee. We are now a commiZee of 7 but always looking for new members, parAcularly with markeAng experience or someone willing to help develop our magazine adverAsing. Carolyn Leigh has also aZended meeAngs to discuss church hall comms maZers.
## The Parish Magazine
This conAnues to go from strength to strength, largely due to Paul McCarroll (Editor) and So-Jin Holohan’s (layout) enormous efforts. AdverAsing is now a regular feature in the magazine (Winkworth Estate Agency) which means we are covering prinAng costs. The office prints up to 300 copies per issue. We would like to increase adverAsing which could be a huge revenue potenAal for ASF.
## Website
Emily Richardson manages the current ASF website, and we will soon be switching to the new website Nicholas Young has been developing. There are a few final tweaks to be made before the changeover. We are very excited about this new site.
Nicholas also worked incredibly hard in 2024 developing the independent Church Hall website which has been instrumental to the fundraising process, parAcularly the video tour he created and links to The Big Give and our general donate buZon.
## Weekly Email and Social Media
Emily manages the WEM which we believe is now clearer and more engaging. Social media is also managed by Emily. We currently have 776 followers on Instagram with new posts made regularly each week, many of which are video clips. Facebook now has over 1,000 followers with a similar number of weekly posts, plus the live streams. Youth Worker, Luke Carson, also posts on these social media plaiorms, more recently he has been trialling posAng on TikTok.
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## Publicity
Nicky handed over management of church posters to Emily, including Music By The Bridge. Emily has done a great job of improving the format. They now look a liZle more contemporary. These are professionally printed by local firm, Oasis. A new welcome card has been designed by Nicky to coincide with Peter’s arrival. The Parish Profile document was also revised by Nicky at the end of 2024 for the new Associate Vicar post.
## Photography
The WhatsApp group for regular photography contributors conAnues to be an invaluable source of images to share on social media and the website. AddiAonally, in 2024, Nicholas created an area for Magazine documents and Comms images on Sharepoint. The magazine team now shares documents via this plaiorm for layout and prinAng. Towards the end of 2024, Nicky uploaded over 1000 images from office archives and more recent images taken and shared via the WhatsApp group. The plan moving forward is for Nicky to regularly upload onto Sharepoint photos from the WhatsApp group so that they can be stored and accessed easily by everyone who needs them.
## Church Hall Development / Fundraising CommiZee
Both Nicky and Paul are now members of this commiZee.
## **Missions and Chari+es** _**– Jill Wordley (Chair, Missions and ChariCes Commi)ee)**_
At All Saints we allocate 5% of the receipts of Planned Giving from the previous year to charitable causes. The Missions and ChariAes CommiZee met in March and October 2024 to consider nominaAons of chariAes made by members of the congregaAon and also agreed some proposals in correspondence between meeAngs where there was an immediate need. The CommiZee usually prefers to support local chariAes or those working naAonally or overseas which have strong links to members of the congregaAon, where our donaAon can make the most impact.
We are also always ready to respond to urgent appeals for emergencies or natural disasters. In November 2024 we contributed to the Disasters Emergency CommiZee Middle East Humanitarian Appeal.
The full list of charitable donaAons recommended by Missions and ChariAes and approved by the PCC during 2024 can be found in the notes to the accounts.
**Church Hall Development** _**– Paul Hall and Douglas Downie (Churchwardens)**_
the Hall Development CommiZee for their dedicated work on the hall. The All Saints’ property manager, Hilary Charlewood, is managing the works to the Main Hall, leaving the rest of the proposed development (including a new flat and offices) unAl a later date. A budget of £800,000 was agreed, and a fundraising commiZee was appointed. It was decided to apply the generous legacies of certain deceased parishioners towards the Hall development, and to raise addiAonal funds by way of grants, individual donaAons, and fundraising events. A loan facility of up to £240,000 was offered by the Diocese of London which will only be drawn down if required. Following sterling work by the Fundraising CommiZee ably led by Carolyn Leigh the target for monies to be raised from the congregaAon and the wider network of supporters has been met. The building work started aper Easter 2024 and is expected to conAnue well into 2025.
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## **2024 Financial Review - Donald Johnson (Treasurer)**
The congregaAon in 2024 demonstrated their full commitment to All Saints Fulham (ASF), by conAnuing to give at regular Sunday collecAons and through the planned giving system. Overall, when combined with recoverable gip aid, Church giving totalled £253K in 2024, just 5% lower than our budget forecast for the year. However, ASF also received addiAonal donaAons of £14K during 2024, which brought the total up to the targeted £266K (we do not include donaAons in forecasAng).
This generosity is all the more extraordinary as it does not include the addiAonal donaAons made by the congregaAon and other members of our local community for our Church Hall refurbishment and development project. Hall related donaAons totalled £349K in 2024 (£410K with recoverable gip aid and bank interest), through a variety of different fundraising acAviAes and campaigns throughout the year. This generosity has meant we have not yet needed to draw down on a CoE loan facility, set up in case of a shoriall in funds to complete the Church Hall development. This facility remains available for us to use in part or in full in 2025, should we need it. The benefits of not using being the avoidance of the combined burden of capital repayments over future years, and the addiAonal loan interest payments on top.
Our total income for the General Fund (i.e. excluding Church Hall related donaAons) in 2024 was £481K, around 10% above expectaAons. A number of factors helping our general reserves included an excellent year from our music related fundraising (up by 200% on 2023), and income from invested reserves was up, benefiAng from a review of accounts and higher interest rates.
Our 2024 full year expenses (excluding Church Hall development and use of other restricted funds) were slightly higher than forecasted, at £537K. In 2024 ASF conAnued its ongoing work addressing accounAng anomalies and hygiene factors following our independent audit in 2023.
At the end of 2024 our PCC approved the 2025 Common Fund amount of £99,980, the full amount recommended by the London Diocese. This is around 8% higher than 2024, but is an essenAal contribuAon from ASF to the larger church community in London. The Diocese of London is the largest and most diverse in the Church of England, with over 500 churches and 750 licensed clergy. In 2024, 50 new deacons were ordained and early drap staAsAcs (from the London Diocese) indicate that average weekly aZendance in London grew by 7.5% to over 60,000.
Our Common Fund contribuAon supports the breadth of parishes and Bishop’s Mission Orders in London to nurture confident disciples, compassionate communiAes and creaAve growth in an amazing variety of ways. During 2024, the London Diocese conAnued working towards our prioriAes of becoming a younger, safer and more racially just Church, and has provided the following three examples of its work:
- 19 London Youth ApprenAces engaged 715 young people weekly and funding was granted to enable the launch of five youth ministers in Hackney and Islington.
- In a challenging year for safeguarding, referrals to the Diocesan Safeguarding Team increased substanAally, indicaAng more trust and confidence in the safeguarding service. 789 people were given safeguarding leadership training, and 3,808 DBS checks were carried out.
- Churches across the Diocese engaged with Race Equality Week, Racial JusAce Sunday, and Black History Month last year, reflecAng on racial jusAce and commirng to acAon.
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## **Reserve Policy**
It is PCC policy to maintain a balance on unrestricted funds (if possible), which equates to approximately six months’ unrestricted payments, to cover emergency situaAons that may arise from Ame to Ame. The balance on unrestricted funds at the year end exceeds this target; it is the policy of the PCC to maintain unrestricted fund levels to meet this target.
## **Investment Policy**
It is our policy to invest our funds balances with the CBF Church of England Deposit Fund and to ensure that investments are in line with the Church of England’s ethical investment policy. The CBF deposit Fund offers a compeAAve rate of interest and enables us to limits our exposure to bank default risk. Shorter-term working capital is held on our current and reserve accounts at CAF.
placed to manage its risks successfully during the current economic condiAons. Aper making enquiries, the PCC considers there to be adequate resources for the Church to conAnue in operaAonal existence for the foreseeable future and that there are sufficient funds to support current and planned acAviAes. Accordingly, it conAnues to adopt the going concern basis in preparing the accounts.
## **Going concern**
placed to manage its risks successfully during the current economic condiAons. Aper making enquiries, the PCC considers there to be adequate resources for the Church to conAnue in operaAonal existence for the foreseeable future and that there are sufficient funds to support current and planned acAviAes. Accordingly, it conAnues to adopt the going concern basis in preparing the accounts.
## **Compliance with laws and regula+ons**
The Trustees complied with the duty in SecAon 4 ChariAes Act 2011 **,** to have regard to the Public Benefit guidance published by the Charity Commission.
The PCC have established policies and procedures to ensure as far as possible the charity has complied with all laws and regulaAons which are central to the operaAon of the Church and charity’s acAviAes.
The trustees are not aware of any breach of laws or regulaAons which would jeopardise the ability of the charity to conAnue to operate.
This report was approved by the PCC on the and signed on their behalf by 9th May 2025
…………………………………
12
## **THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ALL SAINTS, FULHAM**
## **Independent examiner’s report to the members of the Parochial Church Council of the EcclesiasIcal Parish of All Saints’, Fulham (Registered charity 1130273)**
I report to the PCC on my examinaAon of the accounts of the PCC of All Saints’, Fulham for the year ended 31 December 2024.
## **Responsibili+es and basis of report**
As the members of the PCC you are responsible for the preparaAon of the accounts in accordance with the requirements of the ChariAes Act 2011 (“the Act”). The PCC are saAsfied that an audit is not required for this year under secAon 144(2) of the Act and have chosen instead to have an independent examinaAon.
I report in respect of my examinaAon of the PCC’s accounts carried out under secAon 145 of the 2011 Act and in carrying out my examinaAon I have followed all the applicable DirecAons given by the Charity Commission under secAon 154(5)(b) of the Act. The charity’s gross income exceeded £250,000 and I am qualified to undertake the examinaAon by being a qualified member of the InsAtute of Chartered Accountants in England and Wales.
## **Independent examiner’s statement**
to believe that in any material respect:
1. accounAng records were not kept in respect of the charity as required by secAon 130 of the Act; or
2. the accounts do not comply with those records; or
3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the ChariAes (Accounts and Reports) RegulaAons 2008 other than any requirement that the accounts give a “true and fair” view which is not a maZer considered as part of an independent examinaAon.
I have no concerns and have come across no other maZers in connecAon with the examinaAon to which aZenAon should be drawn in this report to enable a proper understanding of the accounts to be reached.
Robert Ashdown
Chartered Accountant
75 Brookville Road, London, SW6 7BH
10 May 2025
13
## **THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ALL SAINTS, FULHAM STATEMENT OF FINANCIAL ACTIVITIES For the year ended 31st December 2024**
|**Notes**
**INCOMING RESOURCES**
Voluntary Income
3(a)
Activities for generating funds
3(b)
Income from investments
3(c)
Church Activities
3(d)
Other incoming resources
3(e)
**TOTAL INCOMING RESOURCES**
**RESOURCES EXPENDED**
Church activities
4(a)
Activites for generating funds
4(b)
Other
4(c)
**TOTAL RESOURCES EXPENDED**
**NET INCOME RESOURCES BEFORE TRANSFERS**
Gross transfers between funds
12
**NET OUTGOING RESOURCES BEFORE OTHER**
**RECOGNISED GAINS AND LOSSES**
Gains/Losses on investment assets :
on revaluation
6(b)
**NET MOVEMENT IN FUNDS**
**BALANCES BROUGHT FORWARD AT 1st January 2023**
**BALANCES CARRIED FORWARD AT 31 DECEMBER 2023**
12|**General Fund**
**Restricted**
**Funds**
**General Fund**
**Designated**
**2024**
**£**
**£**
**£**
**£**
266,047
403,167
-
669,214
106,769
-
-
106,769
23,238
7,130
-
30,367
63,709
-
-
63,709
21,234
-
-
21,234
**480,997**
**410,297**
**-**
**891,294**
340,210
9,464
-
349,673
195,221
309,548
-
504,769
2,300
-
-
2,300
**537,730**
**319,012**
**-**
**856,742**
(56,733)
91,285
-
34,552
10,174
(10,174)
(46,559)
81,111
-
34,552
4,709
-
-
4,709
(41,850)
81,111
-
39,261
729,666
82,566
286,995
1,099,227
**687,816**
**163,677**
**286,995**
**1,138,488**|**2023**
**£**
425,586
146,961
17,345
60,701
29,031|
|---|---|---|
|||**679,624**|
|||313,962
277,746
3,000|
|||**594,708**|
|||84,916
-|
|||84,916
17,832|
|||102,748
996,479|
|||**1,099,227**|
The Statement of Financial Activities includes all gains and losses recognised during the year. All income and expenditure derive from continuing operations
The notes on pages 17 to 29 form an integral part of these financial statements.
14
## **THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ALL SAINTS, FULHAM BALANCE SHEET AT 31 DECEMBER 2024**
||||**2024**|||**2023**||
|---|---|---|---|---|---|---|---|
||Notes|£||£|£||£|
|**FIXED ASSETS**||||||||
|Tangible|6(a)|||19,242|||15,853|
|Investment|6(b)|||210,440|||205,731|
|||||229,682|||221,584|
|**CURRENT ASSETS**||||||||
|Debtors|8|47,586|||84,785|||
|Short Term Deposits|9|408,718|||473,640|||
|Cash at Bank and in Hand|10|532,356|||412,721|||
|||988,660|||971,146|||
|**LIABILITIES**||||||||
|Creditors - amounts falling due in one year|11|79,854|||93,503|||
|**NET CURRENT ASSETS**||||908,806|||877,643|
|**TOTAL ASSETS LESS CURRENT LIABILITIES**||||1,138,488|||1,099,227|
|**CREDITORS**: amounts falling due after one year||||||||
|||||-|||-|
|**TOTAL NET ASSETS**||||||||
|||||1,138,488|||1,099,227|
|**PARISH FUNDS**||||||||
|Unrestricted||||||||
|Designated|12|||687,816|||729,666|
||12|||286,995|||82,566|
|Restricted|12|||163,677|||286,995|
|||||1,138,488|||1,099,227|
Approved by the Parochial Church Council on 9th May 2025 and signed on its behalf by :
Vicar
Donald Johnson (Treasurer)
The notes on pages 17 to 29 form part of these financial statements.
15
## **THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ALL SAINTS, FULHAM**
## **CASH FLOW STATEMENT For the year ended 31st December 2024**
|**STATEMENT OF CASH FLOWS**
**Cash Flows from Operating Activites:**
**Net cash provided by (used in) operating activities**
**Cash flows from investing activities :**
Dividends, interest and rents from investments
Purchase of property, plant and equipment
Net cash provided by (used in) investing activities
**Cash flows from financing activities :**
Change in cash and cash equivalents in the reporting period
Cash & Cash equivalents at the beginning of the reporting period
Cash and Cash Equivalents at the end of the reporting period
**Reconciliation of net movement in funds to net cash from from Operating**
**activities**
**Net movement in funds for the reporting period (as per the statement of**
**financial activities)**
**Adjustments for :**
Depreciation Charges
Dividends, interest and rents from investments
(Increase)/decrease in debtors
Increase/(decrease) in creditors
Net cash provided by (used in) operating activities
**Analysis of cash and cash equivalents**
Cash at bank & in hand
Short term deposits
**TOTAL cash and cash equivalents**|**2024**
£
**38,108**
30,367
(13,762)
**16,605**
54,713
886,361
**941,074**
34,552
10,373
(30,367)
37,199
(13,649)
**38,108**
532,356
408,718
**941,074**|**2023**
£
**(39,427)**|
|---|---|---|
|||17,345
-|
|||**17,345**|
||||
|||(22,082)
908,444|
|||**886,361**|
|||84,916
9,472
(17,345)
(59,893)
(56,577)|
|||**(39,427)**|
|||412,721
473,640|
|||**886,361**|
16
## **THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ALL SAINTS, FULHAM**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024**
All Saints Parish Church is a charity registered in England with the Charity Commission (Charity Number 1130273) The address of the principal office is : Pryors Bank, Bishops Park, Fulham, London SW6 3LA.
## **1. BASIS OF PREPARATION**
- **1.1** The financial statements have been prepared in accordance with the the Charities Act 2011, Church Accounting Regulations 2006 together with the Financial Reporting Standard FRS102 and the Charity Commission Statement of Recommended Practice: Charities SORP 2019. The charity constitutes a public benefit entity as defined by FRS 102.
The statements have been prepared under the historical cost convention except for the valuation of investment assets, which are shown at fair value.
The Financial Statements includes all transactions, assets and liabilities for which the PCC is responsible in law. They do not include the accounts of Church Groups that owe their main affiliation to another body, nor those that are informal gatherings of church members.
- **1.2 Going Concern -** there are no material uncertainties related to events or conditions that cast significant doubt on the PCC’s ability to continue as a going concern.
- **1.3 Change in Accounting Policy -** the accounts present a true and fair view and the accounting policies are outlined in Notes 1 and 2. There have been no changes of accounting policies in this period.
- **1.4 Change to Accounting Estimates -** there have been no changes to accounting estimates in this period
17
**THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ALL SAINTS, FULHAM**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024**
## **2. ACCOUNTING POLICIES**
## **2.1 Funds**
General Funds (unrestricted funds) represent the funds of the PCC that are not subject to any restriction regarding their use and are available for application on the general puroposes of the PCC.
Designated Funds are unrestricted funds which represent the amount set aside by the PCC for particular purposes. The PCC has the right to un - Designate funds.
Restricted Funds represent income from other sources including trusts or endowments which may be expended only on those restricted objects provided in terms of the trust or bequest and donations or grants received for a specific object. Any balance remaining unspent at the end of the year must be carried forward as a balance on that fund.
Details of the funds are shown in Note 12.
## **2.2 INCOME**
## **Recognition of income**
Congregational giving, donations, grants, interest, rents, dividends and other income are included in the Statement of Financial Activities (SOFA) when the PCC becomes entitled to the resources and the monetary value can be measured with sufficient reliability.
## **Offsetting**
There has been no offsetting of assets and liabilities in the SOFA of income and expenses, unless required or permitted by the FRS 102 SORP.
## **Tax reclaims on donations and gifts**
Gift aid receivable is included in income when there is a valid declaration from the donor. Any Gift Aid recovered on a donation is considered to be part of that gift and is credited to the same fund as the initial donation unless the donor has specified otherwise.
## **Legacies**
Legacies are included in the SOFA when receipt is probable, this is when there has been a grant of probate, the executors have established that there are sufficient assets in the estate and any conditions attached to the legacy are either within the control of the PCC or can be met.
## **Volunteer help**
The value of voluntary help recevied is not included in the accounts but is described in the PCC’s Annual Report.
## **Investment gains and losses**
This includes any realised and unrealised gains or losses on the sale of investments and any gains or loss resulting from revaluing investments to market value at the end of the year.
18
**THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ALL SAINTS, FULHAM**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024**
## **2.3 EXPENDITURE AND LIABILITIES**
## **Liability recognition**
Liabilities are recognised where it is more likely than not that there is a legal or constructive obligation committing the PCC to pay out resources and the amount of the obligation can be measured with reasonable certainty.
## Redundancy costs
The PCC has made no redundancy payments during the reporting period.
## Deferred income
No material item of deferred income has been included in the financial statements.
## Creditors
The PCC has creditors which are measured at settlement amounts less any trade discounts.
## **2.4 Assets**
## **Tangible fixed assets for use by the PCC**
Consecrated and beneficed property is not included in accordance with S10(2) to (4) of the Charities Act 2011.
No value is placed on movable church furnishings held by the Churchwardens on special trust for the PCC and which require a Diocesan faculty for disposal since the PCC considers this to be inalienable property. This property is listed in the church’s inventory which can be inspected (at any reasonable time). All expenditure incurred during the year on consecrated or beneficed buildings and moveable furnishings, whether maintenance or improvements, is written off as expenditure in the Statement of Financial Activities and separately disclosed.
The land and buildings comprise the Church Hall, including the “Curates Flat”, and the approach road.
## _Office equipment_
These assets are depreciated on a straight line basis over 4 years. Individual assets with a purchase price of £250 or less are expensed when the asset is acquired.
## _Hall Equipment_
These assets are depreciated on a straight line basis over 4 years. Individual assets with a purchase price of £250 or less are expensed when the asset is acquired.
## _Church Equipment_
These assets are depreciated on a straight line basis over 4 years. Individual assets with a purchase price of £250 or less are expensed when the asset is acquired.
Equipment and fittings in the Vicarage and Pryors Bank are not capitalised because these properties do not belong to the PCC
19
## **THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ALL SAINTS, FULHAM**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024**
## **Financial Assets**
Investments are stated at fair value at the balance sheet date. The SOFA includes the net gains and losses arising on revaluations and disposals throughout the year.
## **Debtors**
Amounts owing to the PCC at 31[st] December in respect of fees, rents or other income are shown as debtors at the amount receivable less provisions for any bad debts. Amounts receivable in more than one year are stated at fair value.
## **Cash at Banks**
Short term deposits include cash held on deposit with either the Central Board of Finance Church of England funds or at the bank. There are also fixed term deposit maturing within 12 months.
Cash and funds available on demand are classified as cash and bank balances.
## **2.5 Reserves**
It is PCC policy to maintain a balance on unrestricted funds (if possible), which equates to approximately six months’ unrestricted payments, to cover emergency situations that may arise from time to time. The balance on the unrestricted general funds at the year-end exceeds this target. It is our policy to invest our funds balances with the CBF Church of England Deposit Fund and in other short term deposit accounts.
20
## **THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ALL SAINTS, FULHAM**
## **NOTES TO THE FINANCIAL ACTIVITIES For the year ended 31st December 2024**
|**3.**
**INCOME RESOURCES**
**3 (a)**
**Voluntary Income**
Planned Giving
Income tax on recoverable gift aid
Collections, boxes etc
Donations
Legacies
Specific collections for Charities_(Note 16)_
**3 (b)**
**Activities for generating funds**
Social Events
Pryors Bank
School House Income
Church Hire
Church Hall & Parking
**3(c)**
**Income from Investments**
Distributions from CBF Investment
Fund
Interest on funds on deposit
**3(d)**
**Income from Church Activities**
Weddings, baptisms & funerals
Children's groups
Music Groups
Magazine
**3(e)**
**Other incoming resources**
Sundry
Business Rates Refund
Employment Allowance Refund
**TOTAL INCOMING RESOURCES**|**Unrestricted**
**Funds**
**Restricted**
**Funds**
**2024**
£
£
£
181,151
-
181,151
18,461
53,649
72,110
52,475
-
52,475
13,960
349,405
363,365
-
-
-
-
113
113
266,047
403,167
669,214
2,794
-
2,794
4,600
-
4,600
14,000
-
14,000
7,350
-
7,350
78,025
-
78,025
106,769
-
106,769
5,711
-
5,711
17,527
7,130
24,657
23,238
7,130
30,368
27,741
-
27,741
16,262
-
16,262
19,706
-
19,706
-
-
-
63,709
-
63,709
2,554
-
2,554
-
-
18,680
18,680
21,234
-
21,234
**480,997**
**410,297**
**891,294**|**Unrestricted**
**Funds**
**Designated**
**Funds**
**Restricted**
**Funds**
**2023**
£
£
£
£|
|---|---|---|
||181,151
-
181,151
18,461
53,649
72,110
52,475
-
52,475
13,960
349,405
363,365
-
-
-
-
113
113|182,434
-
-
182,434
47,284
-
10,661
57,945
65,428
-
-
65,428
13,105
-
94,201
107,306
-
11,995
-
11,995
-
-
478
478|
||266,047
403,167
669,214|308,251
11,995
105,340
425,586|
||2,794
-
2,794
4,600
-
4,600
14,000
-
14,000
7,350
-
7,350
78,025
-
78,025|4,896
-
-
4,896
7,550
-
-
7,550
38,666
-
-
38,666
2,870
-
-
2,870
92,979
-
-
92,979|
||106,769
-
106,769|146,961
-
-
146,961|
||5,711
-
5,711
17,527
7,130
24,657|5,624
-
-
5,624
11,312
-
409
11,721|
||23,238
7,130
30,368|16,936
-
409
17,345|
||27,741
-
27,741
16,262
-
16,262
19,706
-
19,706
-
-
-|35,993
-
-
35,993
17,135
-
-
17,135
6,723
-
-
6,723
850
-
-
850|
||63,709
-
63,709|60,701
-
-
60,701|
||2,554
-
2,554
-
-
18,680
18,680|6,839
-
-
6,839
22,192
-
-
22,192|
||21,234
-
21,234|29,031
-
-
29,031|
||||
||**480,997**
**410,297**
**891,294**|**561,880**
**11,995**
**105,748**
**679,623**|
21
## **THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ALL SAINTS, FULHAM**
**NOTES TO THE FINANCIAL ACTIVITIES For the year ended 31st December 2024**
|**4.**
**RESOURCES EXPENDED**
**4 (a)**
**Church Activities**
Missionary and Charitable Giving
Specific Collections
Ministry
Diocesan Common Fund
(incl charge for assistant clergy)
Clergy & Parish assistant expenses
Clergy Accommodation
Salaries & Wages
**Total Ministry**
Church
Light, Heat, Insurance, Telephone etc
Maintenance etc
**Total Church**
Legal & Professional Fees
Church Music
Director of Music
Organists
Choral & Organ Scholars
Other Music Expenses
Weddings & Funeral Expenses (music, bellringers, marriage preparation etc)
Sanctuary
Sundry
Baptism Expenses, groups etc
Sundry (including service costs, bookstall etc)
Social Events
**Total Church Activities**
**4 (b)**
**Activites for generating funds**
Church Hall
Light, Heat, Insurance, Telephone etc
General Maintenance etc
Development Costs
Total Church Hall
Pryors Bank
Rent & Rates
Light, Heat, Insurance, Telephone etc
General Maintenance etc
Total Pryors Bank
Bank Charges
Depreciation
Salaries
Accounting & Admin Services
Flat & School House Expenses
Office Expenses (postage, stationery, telephone
etc)
Total Church Management & Administration
**Total activitites for generating funds**
**4 (c)**
**Other**
Governance Costs
Independent Examiners fee
**TOTAL RESOURCES EXPENDED**
Church Management and
Administration|**Unrestricted**
**Funds**
**Restricted**
**Funds**
**2024**
£
£
£
17,808
17,808
-
113
113
17,808
113
17,921
132,440
-
132,440
3,161
-
3,161
836
-
836
35,480
-
35,480
171,917
171,917
21,475
-
21,475
26,052
9,351
35,403
47,527
9,351
56,878
900
900
18,814
18,814
820
820
14,617
14,617
16,296
16,296
21,250
-
21,250
2,073
-
2,073
14,716
-
14,716
5,205
-
5,205
8,267
-
8,267
28,188
-
28,188
**340,210**
**9,464**
**349,674**
7,201
-
7,201
18,585
-
18,585
309,548
309,548
25,786
309,548
335,334
27,500
-
27,500
6,636
-
6,636
11,214
-
11,214
45,350
-
45,350
1,099
-
1,099
10,373
-
10,373
65,806
-
65,806
7,486
7,486
24,534
-
24,534
14,787
-
14,787
124,085
-
124,085
**195,221**
**309,548**
**504,769**
2,300
-
2,300
**537,730**
**319,012**
**856,742**|**Unrestricted**
**Funds**
**Restricted**
**Funds**
**2023**
£
£
£|
|---|---|---|
||17,808
17,808
-
113
113|14,199
14,199
-
478
478|
||17,808
113
17,921
132,440
-
132,440
3,161
-
3,161
836
-
836
35,480
-
35,480|14,199
478
14,677
103,890
-
103,890
20
-
20
2,209
-
2,209
31,827
-
31,827|
||171,917
171,917
21,475
-
21,475
26,052
9,351
35,403|137,946
137,946
20,989
-
20,989
16,647
31,627
48,274|
||47,527
9,351
56,878
900
900
18,814
18,814
820
820
14,617
14,617
16,296
16,296
21,250
-
21,250
2,073
-
2,073
14,716
-
14,716
5,205
-
5,205
8,267
-
8,267|37,636
31,627
69,264
1,203
1,203
22,484
22,484
7,611
7,611
8,750
8,750
17,758
17,758
4,001
-
4,001
2,168
-
2,168
12,332
-
12,332
10,902
-
10,902
4,867
-
4,867|
||28,188
-
28,188|28,101
-
28,101|
||**340,210**
**9,464**
**349,674**
7,201
-
7,201
18,585
-
18,585
309,548
309,548|**281,857**
**32,105**
**313,962**
10,546
-
10,546
10,621
-
10,621
50,250
50,250|
||25,786
309,548
335,334
27,500
-
27,500
6,636
-
6,636
11,214
-
11,214|21,167
50,250
71,417
34,562
-
34,562
4,819
-
4,819
11,302
-
11,302|
||45,350
-
45,350
1,099
-
1,099
10,373
-
10,373
65,806
-
65,806
7,486
7,486
24,534
-
24,534
14,787
-
14,787|50,683
-
50,683
976
-
976
9,472
-
9,472
68,939
-
68,939
50,284
-
50,284
25,975
-
25,975|
||124,085
-
124,085|155,646
-
155,646|
||**195,221**
**309,548**
**504,769**
2,300
-
2,300|**227,496**
**50,250**
**277,746**
3,000
-
3,000|
||**537,730**
**319,012**
**856,742**|**512,353**
**82,355**
**594,708**|
22
**5.**
**5(b).**
## **THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ALL SAINTS, FULHAM NOTES TO THE FINANCIAL STATEMENTS For the year ended 31st December 2024**
## **5(a).**
|**STAFF COSTS**
Wages & Salaries
Social Security Costs
Pension
Other Staff Costs|**Ministry**
(incl Organists &
Children's worker)
**Office Staff**
**Total**
**2024**
**£**
**£**
**£**
45,737
53,610
99,347
1,652
2,256
3,908
945
1,068
2,013
6,780
8,872
15,652
**55,114**
**65,806**
**120,920**|**2023**
**£**
100,974
8,827
1,908
19,152|
|---|---|---|
|||**130,861**|
During the year the parish employed a parish manager, an administrator, a children's worker and an organist . There were no redundancy payments made during the year (2023 : nil)
There are no employees who received total employee benefits (excluding employer pension costs) of more than £60,000 (2023 : none) The clergy were reimbursed expenses. An honorarium of £3,900 per annum was paid to a Premises Manager. (2023 : £3,900)
The average number of employees calculated on a full time equivalent basis is 3.0 (2023 : 3.0)
## **Defined Contribution Pension Plan**
The employer pays a fixed contribution of 3% of the employee’s salary into a pension fund for the period that the employee is with the charity. The employee is a required to make a minumim contribution of 5%. The charity is under no further obligation to make any extra payments, irrespective of how that pension funds performs.
|||**£**|**£**|
|---|---|---|---|
|**OPERATING LEASES**||**2024**|**2023**|
|Payments under operating leases|Current Year|30,896|41,388|
||1 to 2 years|8,496|31,760|
||2 to 5 years|18,408|19,500|
||Over 5 years|-|-|
The photocopiers used by the Parish Office are leased on an operating lease. This lease expires in February 2028
The parish had a 2 year lease on the All Saints Fulham School Caretakers property to provide accommodation for the Associate Vicar, the lease ended in August 2024 .
## **5(c).**
## **6.**
## **6(a).**
||**£**|**£**|
|---|---|---|
||**2024**|**2023**|
|Fees for Independent Examination (incl VAT)|2,300|2,000|
|Fees for Accounting|-|1,000|
|**FIXED ASSETS**|||
## **Tangible**
|**Actual/Deemed Cost**
Balance 1.1.2024
Additions
Balance 31.12.2024
**Depreciation**
Balance 1.1.2024
Charge for the year (see note)
Balance 31.12.2024
**Net Book Value**
Balance 1.1.2024
**Balance 31.12.2024**
Note : Depreciation charged in the accounts as follow|s :
Church Equipment|Leasehold land
& buildings
Hall fittings &
equipment
Church
Equipment
Total
£
£
£
£
10,000
16,664
53,536
80,200
-
-
13,762
13,762|
|---|---|---|
|||10,000
16,664
67,298
93,962|
|||10,000
16,664
37,683
64,347
-
10,373
10,373|
|||10,000
16,664
48,056
74,720|
|||-
-
15,853
15,853|
|||**-**
**-**
**19,242**
**19,242**|
|||Unrestricted
Restricted
Total
10,373
-
10,373|
||Total|10,373
-
10,373|
23
**6(b).**
## **THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ALL SAINTS, FULHAM NOTES TO THE FINANCIAL STATEMENTS For the year ended 31st December 2024**
The land and buildings comprise the Church Hall, including the “Curates Flat”, and the approach road.
The Church Hall is held on a 999 year lease granted on 17 July 1924 (registered number 301735). Under Financial Reporting Standard 102, tangible fixed assets shall initially be measured at historic cost. The PCC acknowledges its gratitude to the Parish Historian, Vernon Burgess, for establishing the historic cost of the Church Hall at £10,000 from an edition of the Fulham Chronicle published on 24 September 1926.
Financial Reporting Standard 102 does permit that fixed assets may be shown in the accounts at fair value, annually updated. The PCC notes, however, that the 999 year lease contains a Restrictive Covenant (Clause 18) “Not without the consent in writing of the Lessor [the Bishop of London] to use or permit the use of the Parish Hall or any other buildings that may during the said lease be erected on the demised premises for the purposes of carrying on of any kind of business or for any purpose other than the purposes of a Parish Hall for the said Parish of All Saints Fulham.”
The PCC considers that there is no demand from anyone other than the PCC to use the Church Hall as a Parish Hall for All Saints’ Fulham, and that the fair value of the Church Hall would therefore also be zero.
The current rebuilding cost of the Church Hall stated in the buildings insurance policy is £1,739,906. The Vicarage and Vicarage Garden are not owned by the PCC, they are owned by the London Diocese.
Pryor's Bank is held by the PCC on a Licence to Occupy from the London Borough of Hammersmith and Fulham, determinable by either party at 1 month's Notice.
|**Investments**(Unrestricted)
Value 1st January 2024
9101.02 units in the CBF Church of England Investment Fund (income shares) were purchased
using funds at a cost of £92,510
Increase/(Decrease) in value during the year
Value 31st December 2024|**2024**
**£**
205,731
4,709
210,440|**2023**
**£**
187,899
17,832|
|---|---|---|
|||205,731|
## **7.**
## **8.**
## **9.**
## **10.**
## **11.**
## **ANALYSIS OF NET ASSETS BY FUND**
|Fixed Assets
Current Assets
Current Liabilities
**DEBTORS**
Income Tax Recoverable
Other Debtors
Total
**SHORT TERM DEPOSITS**
Central Board of Finance
Shawbrook Bank
Redwood Bank
Nationwide Savings
**PETTY CASH & CURRENT ACCOUNTS**
CAF
Natwest
Petty Cash
**LIABILITIES : AMOUNTS FALLING DUE WITHIN ONE YEAR**
Accruals and trade creditors
Amounts owed to the London Diocesan Fund
Charity Payments to be made
Payroll (HMRC/NEST)
School House Deposit
Church Hall Deposits
Totals|**Unrestricted**
**Funds**
**Designated Funds Restricted Funds**
**TOTAL**
£
**£**
**£**
**£**
229,682
-
-
229,682
680,450
-
308,210
988,660
(53,131)
(26,723)
(79,854)
857,001
-
281,487
1,138,488
**Unrestricted**
**Funds**
**Designated Funds Restricted Funds**
**Total**
**2024**
£
6,772
-
5,448
12,220
7,314
-
28,052
35,366
14,086
-
33,500
47,586
204,254
-
5,307
209,561
-
-
-
-
95,521
-
-
95,521
103,636
-
-
103,636
403,411
-
5,307
408,718
130,353
269,403
399,756
132,040
132,040
560
560
262,953
-
269,403
532,356
20,439
-
-
20,439
14,343
-
-
14,343
-
-
26,723
26,723
2,719
-
-
2,719
3,230
-
-
3,230
12,400
-
-
12,400
53,131
-
26,723
79,854|**2023**
**£**
221,584
971,146
(93,503)|
|---|---|---|
|||1,099,227|
|||**2023**
£
22,944
61,841|
|||84,785|
|||193,518
87,522
92,059
100,541|
|||473,640|
|||271,852
137,869
3,000|
|||412,721|
|||20,418
14,256
36,897
6,303
3,230
12,400|
|||93,503|
24
**12. FUND DETAILS - MOVEMENTS IN YEAR**
## **THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ALL SAINTS, FULHAM NOTES TO THE FINANCIAL STATEMENTS For the year ended 31st December 2024**
|**Unrestricted Funds**
General Fund
**Total Unrestricted Funds per Balance Sheet**
**Designated Funds**
Designated Hall Appeal Fund
**Total Designated Fund per Balance Sheet**
**Restricted Funds**
Tower & Bells Reserve
Church Sound System & AV Equipment
Appeal Fund
Hall Development Fund
Charity Funds
**Total Restricted Funds per Balance Sheet**
**Total Funds per Balance Sheet**
**PRIOR YEAR COMPARATIVES**
**Unrestricted Funds**
General Fund
**Total Unrestricted Funds per Balance Sheet**
**Designated Funds**
Churchyard Reserve
Bridges for Refugees
Designated Hall Appeal Fund
**Total Designated Fund per Balance Sheet**
**Restricted Funds**
Tower & Bells Reserve
Church Crenallation Repairs
Church Sound System & AV Equipment
Other Restricted funds
Appeal Fund
Hall Development Fund
Charity Funds
**Total Restricted Funds per Balance Sheet**
**Total Funds per Balance Sheet**|**Balance at 01.01.24**
**Income**
**Expenditure**
**Transfers**
**Gains & (Losses)**
£
£
£
£
£
729,666
480,997
(537,730)
10,174
4,709
**729,666**
**480,997**
**(537,730)**
**10,174**
**4,709**
286,995
**-**
**286,995**
**-**
**-**
**-**
**-**
10,688
-
-
-
-
9,351
(9,351)
11,911
156
-
-
13,719
410,141
(309,661)
36,897
(10,174)
**82,566**
**410,297**
**(319,012)**
**(10,174)**
**-**
**1,099,227**
**891,294**
**(856,742)**
**-**
**4,709**
**Balance at 01.01.23**
**Income**
**Expenditure**
**Transfers**
**Gains & (Losses)**
£
£
£
£
£
956,610
561,880
(512,353)
(294,303)
17,832
**956,610**
**561,880**
**(512,353)**
**(294,303)**
**17,832**
10,964
(10,964)
6,630
-
-
(6,630)
-
11,995
275,000
**17,594**
**11,995**
**-**
**257,406**
**-**
10,520
168
-
-
-
-
31,627
(31,627)
-
-
9,351
478
(478)
-
11,755
156
-
-
-
63,969
(50,250)
36,897
**22,275**
**105,749**
**(82,355)**
**36,897**
**-**
**996,479**
**679,625**
**(594,708)**
**-**
**17,832**|**Balance at 31.12.24**
£
687,816|
|---|---|---|
|||**687,816**|
|||286,995|
|||**286,995**|
|||10,688
-
12,067
114,198
26,723|
|||**163,677**|
|||**1,138,488**
**Balance at 31.12.23**
£
729,666|
|||**729,666**|
|||-
-
286,995|
|||**286,995**|
|||10,688
-
9,351
-
11,911
13,719
36,897|
|||**82,566**|
||||
|||**1,099,227**|
25
## **THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ALL SAINTS, FULHAM NOTES TO THE FINANCIAL STATEMENTS For the year ended 31st December 2024**
## **12. FUND DETAILS - MOVEMENTS IN YEAR (cont)**
|**Fund**
General Fund
Churchyard Reserve
Designated Hall Appeal
Tower & Bells Reserve
Appeals Fund
Hall Development Fund
Charity Funds|**Description**
General All Saints Funds
This fund was created before 2002 but has had the same balance since 2006. In the year the balances of small sundry
Restricted Funds were transferred in this Fund. It will be used to defray costs of special items of church expenditure
The fund was created for the redevelopment of the Church Hall.
The full list of Charities and the amounts owed to the respective charity is detailed in Note 17.
This Fund, created before 2002 was for many years shown as a General Fund. The date it was created cannot be ascertained
from a review of PCC Minutes covering 20 years. The PCC un-designated the funds in 2023 as the Churchyard repairs are the
responsbility of the London Borough of Hammersmith & Fulham. The funds were transferred to the general fund.
The PCC designated a sum of £275,000 from a Legacy to the Hall Appeal.
Set up in 2012 as part of the project to rebuild the tower and re-hang the bells. The balance is held to cover additional works
in order to make good deficiencies in the orriginal specification relating to drainage which are expected to cost
approximately £20,000.|
|---|---|
## **13. RELATED PARTY TRANSACTIONS**
The trustees neither received nor waived any remuneration during the year (2023 : nil) The charity does not have any key management personnel. The reimbursement of trustees expenses is as follows :
||**2024**|**2023**|**2024**|**2023**|**2023**|
|---|---|---|---|---|---|
||**Number**|**Number**|**£**|**£**||
|Travel|1|-|165||-|
|Accommodation *||3|-||2,209|
|Other|2|1|2,717||20|
Accommodation expenditure is made up of the costs associated with the vicarage (Vicar), the flat (Curate) and the rental of a property and associated utilities for the Associate Vicar.
|Church Houses Trust
The PCC received a donation for the Crenellations repairs
The Vicar and Church Wardens are Trustees
**CONTROL RELATIONSHIP**
**FINANCIAL INSTRUMENTS**
The carrying amounts of the charity's financial instruments are as follows :
**Financial Assets**
Fixed asset listed investments (note 6b)
Cash
Short Term Deposits
Financial assets measured at amortised cost
Trade debtors
Other debtors
**Total Financial Assets**
**Financial Liabilities**
Financial Liabilities measured at amortised cost
Trade creditors
Other creditors
**Total Financial Liabilities**
The charity is controlled by the trustees meeting together.|**2024**
-
**£**
**2024**
210,440
532,356
408,718
12,220
35,366
1,199,100
20,439
59,415
79,854|**2023**
31,627
**£**
**2023**
205,731
412,721
473,640
22,944
61,839|
|---|---|---|
|||1,176,875|
|||20,418
73,085|
|||93,503|
## **14. CONTROL RELATIONSHIP**
## **15. FINANCIAL INSTRUMENTS**
26
**16.**
## **THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ALL SAINTS, FULHAM NOTES TO THE FINANCIAL STATEMENTS For the year ended 31st December 2024**
## **ANALYSIS OF GRANTS**
|Approved Donations to Charitable Organisations By All Saints Fulham
Motor Neurone Disease Association
The Royal Hospital for Neuro Disability
Change for Good
StandOut
Gambia School Support
Singing for Breathing
MANNA (The Mozambique and Angola Anglican Association
Prisoners Abroad
Riding for the Disabled
Air Ambulance UK
Fulham Reach Boat Club
Fulham Palace
DEC Gaza Appeal
Bishop's Discretionary Fund
Youth in Community
Minister & Clergy Sexual Abuse Survivors (MACSAS)
Survivors Voices
All Saints Summer Club
BEST (Befriending and Support team for Foreign Nationals HMP Wandsworth)
LBHF Food Bank
Glass Door Homeless Charity
Centre for Women's Justice
Youth Ministry in Communion
Fulhm Good Neighbour
Red Cross
DEC Turkey Appeal
Malawi Music Fund
Parkinsons UK
Matthew Trust
Leprosy Mission
Inclusive Church Network
Heart of Asia
Mission Aviation Fellowship
CALM
Kids for Kids
**Restricted Collections**
MacMillian
Poppy Appeal
The Children Society
London Open Gardens Trust
Approved by Charities Committee
Approved directly by the PCC
Pryor Bank Lunches for the Homeless
**Total Unresticted Missionary & Charitiable Giving (Per Note 4(a))**
**Restricted Collections**||**Grants to**
**Intitutions**
**£**
400
400
700
400
500
250
350
400
250
400
600
600
1,000
403
850
375
375
1,000
600
1,000
400
1,000
750
400
750
14,153
113
113
14,266
10,600
3,553
3,655
**17,808**
**113**||**Grants to**
**Intitutions**
**£**
750
350
1,000
850
750
750
1000
1000
250
250
1000
750
350
350
750
350|
|---|---|---|---|---|
|||||10,500
275
20
118
65|
|||||478|
|||||10,978|
|||||10,500
3,699|
|||||**14,199**|
|||||**478**|
* The above approved grants do not costs incurred providing lunches at Pryors Bank for the homeless.£3,654.89 (2023: £3,698.99) these costs are included in Note 4a.
27
**17.**
## **THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ALL SAINTS, FULHAM NOTES TO THE FINANCIAL STATEMENTS For the year ended 31st December 2024**
## **Payments due to Charities**
|Action Aid
All Saints School
ALMA
Battersea Cats & Dogs Home
Bishop's Discretionary Fund
Bowel Cancer UK
British Heart Foundation
British Legion
Centre for Women's Justice
Christian Aid
Combat Stress
Compassion for World Faming
Cruse Bereavement Support
David Nott Foundation
Disaster Emergency Committtee Appeal
Friends of Amasango
Fulham Good Neighbour
Glass Door
Great Ormond Street Hospital
H & F Mayor's charity
Harry Matthews Bowl Transplant Trust
Heart of Asia
Help for Heroes
Ken Saro Wiwa Foundation
LBHF Food Bank
Leprosy Mission
London Cycling Campaign
MacMillian
Medicin San Frontiers
Moot Community
Mothers to Be
New Bridge Foundation
Pancreatic Cancer
Red Cross
Royal Marsden
Save the Children
Shelter
St Augustines/Viana
St Helena's Hospice
St Michael's Cornwall
Syrian Refugee Support
Upper Room
Vicar's Discretionary Fund
Youthscape
Youth in Community
MCASAS
Survivors Voice
**Total**|**2024**
-
-
1,500
-
1,595
-
-
-
400
-
-
-
250
403
3,250
492
3,499
210
-
500
129
10
1,231
-
110
100
947
-
500
500
-
-
-
-
-
144
3,020
245
555
3,436
982
1,112
-
850
375
375
26,723|**2023**
536
500
1,500
821
1,595
1,271
952
231
-
500
2,000
43
135
250
403
3,250
492
3,499
210
287
500
129
10
1,231
960
110
100
947
423
500
500
1,000
431
750
570
246
144
3,020
245
555
3,436
982
1,112
170|
|---|---|---|
|||36,547|
28
## **THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ALL SAINTS, FULHAM NOTES TO THE FINANCIAL STATEMENTS For the year ended 31st December 2024**
## **18. BREAKDOWN OF PRIOR YEAR SOFA**
|**INCOMING RESOURCES**
Voluntary Income
Activities for generating funds
Income from investments
Church Activities
Other incoming resources
**TOTAL INCOMING RESOURCES**
**RESOURCES EXPENDED**
Church activities
Activites for generating funds
Other
**TOTAL RESOURCES EXPENDED**
**NET INCOME RESOURCES BEFORE TRANSFERS**
Gross transfers between funds
**NET OUTGOING RESOURCES BEFORE OTHER RECOGNISED**
**GAINS AND LOSSES**
Gains/Losses on investment assets :
on revaluation
**NET MOVEMENT IN FUNDS**
**BALANCES BROUGHT FORWARD AT 1st January 2023**
**BALANCES CARRIED FORWARD AT 31 DECEMBER 2023**|**General Fund**
**Restricted**
**Funds**
**General Fund**
**Designated**
**2023**
**£**
**£**
**£**
**£**
308,251
105,340
11,995
425,586
146,961
-
-
146,961
16,936
409
-
17,345
60,701
-
-
60,701
29,031
-
-
29,031|
|---|---|
||**561,880**
**105,749**
**11,995**
**679,624**|
||281,857
32,105
-
313,962
227,496
50,250
-
277,746
3,000
-
-
3,000|
||**512,353**
**82,355**
**-**
**594,708**|
||49,527
23,394
11,995.28
84,916
(294,303)
36,897
257,406
-|
||(244,776)
60,291
269,401
84,916
17,832
-
-
17,832|
||(226,944)
60,291
269,401
102,748
956,610
22,275
17,594
996,479|
||**729,666**
**82,566**
**286,995**
**1,099,227**|
29