## **HOLY TRINITY AND ALL SAINTS’ CHURCHES, HAWLEY** ## **ANNUAL REPORT** ## **AND** ## **FINANCIAL STATEMENTS** ## **OF** **HAWLEY GREEN PAROCHIAL CHURCH COUNCIL Registered Charity No. 1130589** **for the year ended 31[st] December 2023** ## **Incumbent** **The Rev’d Canon William Perry, SSC** ## **Bank** **Lloyds Bank PLC 18, Prince of Wales Walk Camberley Surrey GU15 3SJ** ## **Accountants** **Azets Audit Services Limited Ashcombe Court Woolsack Way Godalming Surrey GU7 1LQ** ## ## ## ## ## ## ## **HAWLEY GREEN PAROCHIAL CHURCH COUNCIL** ## **NOTES TO THE FINANCIAL STATEMENTS** The Parochial Church Council (PCC) is a Body Corporate for the advancement of religion created by statute (namely the PCC (Powers) Measure 1956). ## **STATEMENT OF MEMBERS’ RESPONSIBILITIES** The Members are responsible for preparing the Members’ Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). The law applicable to charities in England & Wales requires the members to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the Parochial Church Council and of the incoming resources and application of resources of the Parochial Church Council for that period. In preparing these financial statements, the members are required to: - Select suitable accounting policies and then apply them consistently; - Observe the methods and principles in the Charities SORP; - Make judgements and estimates that are reasonable and prudent; - State whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; - Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation The members are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the Parochial Church Council and enable them to ensure that the financial statements comply with the Charities Act 2011 , the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the Parochial Church Council and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Page 3 ## **Independent Examiner's Report to the Trustees of Hawley Green Parochial Church Council** I report to the charity trustees on my examination of the financial statement of Hawley Green Parochial Church Council (the charity) for the year ended 31 December 2023. ## **Responsibilities and basis of report** As the trustees of the charity you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011 („the Act‟). I report in respect of my examination of the charity‟s accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act. ## **Independent examiner's statement** I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: 1. accounting records were not kept in respect of the charity as required by section 130 of the 2011 Act; or 2. the financial statements do not accord with those records; or 3. the financial statements do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a „true and fair view‟ which is not a matter considered as part of an independent examination I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Jonathan Vickery BA FCA Azets Audit Services Limited Ashcombe Court Woolsack Way Godalming Surrey GU7 1LQ Dated: 2025 Page 4 ## **HAWLEY GREEN PAROCHIAL CHURCH COUNCIL - STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2023** |**UNRESTRICTED FUNDS RESTRICTED ENDOWMENT**
**INCOME AND ENDOWMENT FROM**
**General**
**Purposes**
**Designated**
**FUNDS **
**FUNDS**
**£**
**£**
**£**
**£**
Donations and legacies
2 A1
61,672
-
5,178
-
Charitable activities
2 A2
1,954
27
-
-
Other trading activities
2 A3
1,479
36,801
-
-
Investments
2 A4
14,810
17,730
2,844
-
Other
-
-
-
-
**TOTAL**
**79,915**
**54,558**
**8,022**
-
**EXPENDITURE ON:**
Raising funds
3 B1
88
-
-
-
Charitable activities
3 B2
103,531
23,205
4,222
-
Other
-
-
-
-
**TOTAL**
**103,619**
**23,205**
**4,222**
-
Net Income/(expenditure) before
gains and transfers
(23,704)
31,353
3,800
-
Gains(losses) on investment assets
5(b) D2
-
-
-
9,630
Net Income/(expenditure) before
Transfers
(23,704)
31,353
3,800
9,630
Transfers between funds 10(b)
-
-
-
-
**NET MOVEMENT IN FUNDS**
**(23,704)**
**31,353**
**3,800**
**9,630**
BALANCES BROUGHT FORWARD
AT 1 JANUARY 2023(2022)
190,719
224,473
59,439
101,850
BALANCES CARRIED FORWARD
**167,015**
**255,826**
**63,239**
**111,480**
AT 31 DECEMBER 2023(2022)|**TOTAL **
**2023**
**£**
66,850
1,981

38,280

35,384

-
**142,495**
88

130,958
-
**131,046**
11,449
9,630
21,079
-
**21,079**
576,481
**597,560**|**FUNDS**
**2022**
**£**
73,871
3,402
37,161
23,935

-
**138,369**
741
152,466

-
**153,207**
(14,838)
(13,470)
(28,308)

-
**(28,308)**
604,789
**576,481**| |---|---|---| Page 5 ## |||Note|2023
f|t
2022| |---|---|---|---|---| |FIXED ASSETS||||| ||Tangible fixed assets|5(a)|124,043|129,173| ||lnvestment assets|5(b)|111 101|101,471| ||||235,144|230,644| |CURRENT ASSETS||||| ||Stock||450|775| ||Debtors and prepayments|7|34,510|16,271| ||Shorttermdeposits||329,481|327,171| ||Cash at bank and inhand||19 046|10,505| ||||383,487|354,722| |LIABILITIES||||| ||Creditors-amounts falling due within one year|B|21,071|B,BB5| |NET|CURRENTASSETS(L|ABIL|TIES)||362,416|345,837| ||Total assets less currentliabilities||597,560|576,481| |TOTALNET ASSETS|||59?"560|5?6/81| |PARISHFUNDS||6||| ||Unrestricted-General||167,015|190,719| |'|Unrestricted -Designated||255,826|224,473| ||Restricted||63,239|59,439| ||Endowment||111,480|101,850| ||||597,560|576,481| ## **HAWLEY GREEN PAROCHIAL CHURCH COUNCIL NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023** ## **1 ACCOUNTING POLICIES - See Appendix “A”** |**2 INCOME AND ENDOWMENT FROM**
**UNRESTRICTED FUNDS**
**RESTRICTED ENDOWMENT**
**TOTAL **
**General**
**Purposes**
**Designated**
**FUNDS **
**FUNDS**
**2023**
**£**
**£**
**£**
**£**
**£**
A1
DONATIONS AND LEGACIES
Planned Giving
Gift Aid
41,945
-
-
-
41,945
Income Tax recoverable
10,474
-
-
-
10,474
Other planned giving
1,069
-
-
-
1,069
Unplanned Giving:-
Gift Aid
708
-
-
-
708
Income Tax recoverable
361
-
-
-
361
Other unplanned giving
-
-
-
-
-
Collections at all services
5,356
-
-
-
5,356
Sundry donations 10(b)
-
-
-
-
-
Grants
-
-
-
-
-
Donations, appeals etc.
1,759
-
5,178
-
6,937
**61,672**
-
**5,178**
-
**66,850**
A2
CHARITABLE ACTIVITIES
Fees – statutory
1,954
27
-
-
1,981
Fees – associated income
-
-
-
-
-
**1,954**
**27**
**-**
**-**
**1,981**
A3
OTHER TRADING ACTIVITIES
Church hall lettings
-
36,801
-
-
36,801
Traidcraft sales
33
-
-
-
33
Fetes, bazaars and other fund
raising activities
1,446
-
-
-
1,446
**1,479**
**36,801**
**-**
**-**
**38,280**
A4 INVESTMENTS
Dividends
-
-
2,844
-
2,844
Interest
14,810
-
-
-
14,810
Rent
-
17,730
-
-
17,730
**14,810**
**17,730**
**2,844**
**-**
**35,384**
**2 TOTAL**
**79,915**
**54,558**
**8,022**
**-**
**142,495**|**FUNDS**
**2022**
**£**

46,641

11,661

3,028

1,205

253

209

2,402

940

2,130

5,402| |---|---| ||**73,871**| ||
3,381
21| ||
**3,402**| ||
35,128

818

1,215| ||
**37,161**| ||
2,829

4,306

16,800| ||
**23,935**| ||**138,369**| Page 7 ## **HAWLEY GREEN PAROCHIAL CHURCH COUNCIL NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 contd.** |**3 EXPENDITURE ON**|**UNRESTRICTED FUNDS **|**UNRESTRICTED FUNDS **|**RESTRICTED**|**ENDOWMENT**|**TOTAL **|**FUNDS**| |---|---|---|---|---|---|---| ||**General**|**Designated**|**FUNDS **|**FUNDS**|**2023**|**2022**| ||**Purposes**|||||| ||**£**|**£**|**£**|**£**|**£**|**£**| |B1 RAISING FUNDS||||||| |Stewardship programme costs|88|-|-|
-|88|
134| |Traidcraft purchases|-|-|-|
-|-|
607| ||**88**|**-**|
**-**|
**-**|**88**|
**741**| |B2 CHARITABLE ACTIVITIES||||||| |Missionary & Charitable giving||||||| |Overseas|280|-|
-|
-|280|
300| |Home missions & other church societies|
1,035|-|
-|
-|1,035|
2,239| |Secular charities|840|-|
-|
-|840|675| |Note 14|**2,155**|**-**|
**-**|
**-**|**2,155**|
**3,214**| |Ministry: Diocesan Parish Share|65,050|-|
-|
-|65,050|
76,744| |Working Expenses Incumbent|2,106|-|
-|
-|2,106|
2,663| |Housing Expenses Incumbent|1,151|-|
-|
-|1,151|
1,029| |Church Operating Expenses|21,537|-|
-|
-|21,537|
19,014| |Church Halls running costs|-|17,468|
-|
-|17,468|
34,875| |All Saints’ Parsonage (in vacancy)|-|5,737|
-|
-|5,737|
5,708| |Major repairs to churches|-|-|
-|
-|-|
-| |Salaries/wages|1,710|-|
-|
-|1,710|
1,707| |Furnishing & Equipment depreciation|857|-|
-|
-|857|
857| |Publications, stationery, postage,||||||| |photocopier and administration costs|2,541|-|
-|
-|2,541|
2,086| |Independent Examiners fees|6,424|-|
-|
-
|6,424|
1,400| |Other|-|-|
4,222|
-|4,222|
3,169| ||**101,376**|**23,205**|
**4,222**|
**-**
|**128,803**|**149,252**| |||||||| |**TOTAL**|**103,531**|**23,205**|
**4,222**|
**-**
|**130958**|**152,466**| Page 8 ## **HAWLEY GREEN PAROCHIAL CHURCH COUNCIL NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 contd.** ## **4 STAFF COSTS** Wages & salaries |**2023**
**£**
**10,215**|**2022**| |---|---| ||**£**
9,605| During the year the PCC employed 4 persons. Their total remuneration and expenses amounted to £10,215 in 2023 and as such no one individual earned £10,000 or more. ## **5 FIXED ASSETS FOR USE BY THE PCC** ## 5(a) |**D ASSETS FOR USE BY THE PCC**|| |---|---| |Tangible fixed assets
**Freehold Land**
**Fixtures**
**and Buildings**
**Fittings &**
**at cost**
**Equipment**
**£**
**£**
ACTUAL/DEEMED COST
At 1 January 2023
230,487
28,827
Addition during year
-
-
At 31 December 2023
230,487
28,827
DEPRECIATION
At 1 January 2023
109,085
21,055
Charge for the year
4,274
857
At 31 December 2023
**113,359**
**21,912**
NET BOOK VALUE
At 31 December 2023
**117,128**
**6,915**
At 31 December 2022
**121,401**
**7,772**|**Total**
**£**
259,314
-| ||259,314| ||130,140
5,131| ||**135,271**| ||**124,043**| ||**129,173**| The freehold land and buildings comprise a) The curate’s house known as All Saints’ Parsonage and located at 295, Fernhill Road, Farnborough, Hants b) Holy Trinity Church Hall located at c/o Hawley Vicarage, Fernhill Road, Blackwater, Camberley, Surrey and c) the capitalised cost of the new extension, refurbishment works and Hall re-roof at All Saints’ Church Centre, located at 128, Chapel Lane, Farnborough, Hants. For accounting purposes the historical cost of these properties together with the cost of subsequent improvements of a capital nature are deemed to be their 2023 valuation. |a)
1974
2009
Cap.Refurbishment|£19,111
b) 1968
£10,866
1999/2002 -
£29,977
Cap.Refurbishment|£3,278
c)
2005
£38,913
2006
£42,191
2011
2019
2020
Cap Refurbishment|£107,365
£191
£(1,733)
£51,158
£1,338| |---|---|---|---| ||||£158,319| Fixtures, Fittings and Equipment:- Replacement in 2017 of the Electronic Organ at All Saints’ with a new instrument from Viscount Classical Organs Ltd. – Model Envoy 35F – being depreciated over 15 years. The insured cover of freehold land and buildings above with landlords fittings and/or contents is: a) £417,852 plus 30% inflationary uplift from day 1. b) Up to a loss limit of £2,900,000 averaged over period of insurance. In addition, certain assets which are consecrated or dedicated as described under the fixed assets section in Appendix A on page 17 have been excluded in the accounts. The insured cover of these assets is as follows: Holy Trinity Church Up to a loss limit of £11,590,000 All Saints’ Church and Hall Up to a loss limit of £2,900,000 . Page 9 ## **HAWLEY GREEN PAROCHIAL CHURCH COUNCIL NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 contd.** |5(b)
D2 Investment Assets:
**2023**
**2022**
**2023**
**£**
**Valuation at 31 December**
**Price per share**
Permanent Endowments
Mrs Humphries’s - Grave
Pence
Pence
Holding of 379.86 shares in 2 ½%
-
-
Consolidated Stock (Cost £200).
Stock redeemed at par, 5thJuly 2015
Funds at bank pending reinvestment.
To yield income for upkeep of grave in
Holy Trinity Churchyard.
All Saints’ Clergy House Trust
Holding of 4,604 shares in Central Board
of Finance Investment Fund, held in the name
Pence
Pence
of Guildford Diocesan Board of Finance.
2260.53
2064.59
104,075
To yield income solely to form part of the Asst. Curate of Hawley’s
stipend. In times when there is no licensed Asst. Curate of Hawley
in post, the Managing Trustees shall apply the clear yearly income
of the Asst. Clergy Fund to pay the cost of provision of retired
clergy to cover the ecclesiastical services when the incumbent
is not available.
Glebe Endowment
(Holy Trinity)
Holding of 310.82 shares in Central Board
of Finance Investment Fund, held in the name
Pence
Pence
of Guildford Diocesan Board of Finance.
2260.53
2064.59
7,026
To yield income solely to form part of the
Incumbent of Hawley’s stipend.
**111,101**
5(c) Inventory Assets:
**2023**
**£**
All Saints’ Church, South Hawley
Memorial to Father Michael Moore SSC
Icon of the “Last Supper” commissioned from St Andrew’s Abbey
Zevenkerken, Brugge, Belgium in November 2002
Cost 21 October 2003 €1,500 £1,056 Book Value
Now fully depreciated
£1,056
Nil
All Saints’ Church, South Hawley
Icons of “Our Lord” and “Our Lady” commissioned from
“Evegenia Inimia” of Romania through the Director of Children in Distress
Charity from its Glasgow office.
Cost 17 October 2007 £1,250 Book Value
Now fully depreciated
£1,250
Nil|**2022**
**£**
95,054
6,417
**101,471**
**2022**
**£**
Book Value
Nil
Book Value
Nil| |---|---| Page 10 ## **HAWLEY GREEN PAROCHIAL CHURCH COUNCIL NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 contd.** |**6 ANALYSIS OF NET ASSETS**
**UNRESTRICTED RESTRICTED ENDOWMENT**
**BY FUND**
**FUNDS**
**FUNDS **
**FUNDS**
**£**
**£**
**£**
Fixed assets
123,664
-
111,480
Current Assets
320,248
63,239
0
Liabilities
Amounts falling due within one year
(21,071)
-
-
**422,841**
**63,239**
**111,480**
**7 DEBTORS**
Debtors for goods and services
Other debtors
Prepayments and accrued interest
**8 LIABILITIES : AMOUNTS FALLING DUE WITHIN**
**ONE YEAR**
Creditors for goods and services
Amounts owed to any institution or body
corporate which are related parties
to the PCC.
Other creditors|**TOTAL**
**2023**
**£**
235,144
383,487
(21,071)
**597,560**
**2023**
**£**
-
30,645
3,865
**34,510**
4,736
-
16,335
**21,071**|**FUNDS**
**2022**
**£**
230,644
354,722
(8,885)| |---|---|---| |||**576,481**| |||**2022**| |||**£**
-
15,491
780| |||**16,271**| |||1,101
-
7,784| |||**8,885**| Page 11 ## **HAWLEY GREEN PAROCHIAL CHURCH COUNCIL NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 contd.** |**10 FUNDS**||||||| |---|---|---|---|---|---|---| ||**INCOMING**|**RESOURCES**|**TRANSFERS**|**NET**|**TOTAL**|**FUNDS**| ||**RESOURCES**|**EXPENDED**||**INCOMING**|**B/Fwd**|**TOTAL**| |||||**RESOURCES**|**1/1/2023**|**31/12/2023**| ||**£**|**£**|**£**|**£**|**£**|**£**| |**a) UNRESTRICTED DESIGNATED**|**FUNDS**|||||| |All Saints’ Parsonage|17,730|
5,737|-|11,993|98,766|110,759| |Halls Reserve|36,801|
17,468|-|19,333|80,571|99,904| |Holy Trinity Building Reserve|27|
-|-|27|45,136|45,163| ||**54,558**|**23,205**|-|**31,353**|**224,473**|**255,826**| |**b) RESTRICTED FUNDS**||||||| |Holy Trinity Fabric Fund|1,202|
-|-|1,202|15,110|16,312| |Missionary & Charitable giving|-|
-|-|-|24|24| |201 Club|46|
-|-|46|96|142| |Children in Distress|-|
45|-|-45|45|-| |Education|-|
-|-|-|39|39| |Churchyard|25|
-|-|25|159|184| |Flowers|222|
631|-|-409|287|-122| |Memorial Garden for Children Fund|
-|
-|-|-|196|196| |Insurance claims|-|
-|-|-|277|277| |Parishioners’ donations|-|
-|-|-|861|861| |All Saints’ Building Fund|228|
-|-|228|9,191|
9,419| |Our Lady of Walsingham|2,768|
2,884|-|-116|357|241| |Hawley Anglican Men’s Society|495|
662|-|-167|1,660|1,493| |Stipend Endowment|192|
-|-|192|-|192| |**Sub Total**|**5,178**|
**4,222**|**-**|**956**|**28,302**|**29,258**| |Mrs Humphries’s Grave|-|
-|-|-|35|35| |All Saints’ Clergy House Trust|2,844
|
-
|-|2,844
|31,102|33,946| ||**8,022**|
**4,222**|**-**|**3,800**|**59,439**|**63,239**| Page 12 ## **HAWLEY GREEN PAROCHIAL CHURCH COUNCIL NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 contd.** **NATURE and PURPOSE a) Designated Funds** **All Saints’ Parsonage** Reserve funds - to meet the PCC’s liability for future building and operational costs. **Halls Reserve** To fund future major repairs/refurbishments to our halls, car parks and surrounding areas. **Holy Trinity Building Reserve** To fund future major repairs/refurbishment of Holy Trinity Church. To include expenditure which under its terms could not be taken from Holy Trinity Fabric Fund. **b) Restricted Funds Holy Trinity Fabric Fund** Incoming resources given specifically for fabric repairs and fittings replacements at Holy Trinity Church. **Missionary and Charitable Giving** Collections and donations specifically received towards missionary and charitable organisations, where at the time of the giving the recipient had not been determined by the PCC. **Easter and Whitsun Offerings** Collections on Easter Day and Whitsunday and contents of special envelopes specifically given towards the parish contribution to clergy stipends paid to the diocese through the Parish Share scheme. **Education** All monies received given specifically to meet costs of educational work incurred in the parish. **Churchyard** Monies received specifically for the upkeep of graves and/or maintenance of the churchyard and burial grounds at Holy Trinity Church. **Flowers** Donations received from individuals specifically for the purchase of flowers/ decorations. **Memorial Garden for Children Fund** Monies given specifically towards the cost of establishing a memorial garden for children in the churchyard/burial ground at Holy Trinity Church and its ongoing maintenance. **Insurance Claims** Insurance proceeds received in response to claims for: Holy Trinity Church – Re-decoration of internal surfaces on the north walls of the church following water damage due to theft of external lead. **Parishioner’s donations** Donations received specifically for use at Holy Trinity Church and/or All Saints’ Church. **All Saints’ Building Fund** Monies raised to assist with the funding of major refurbishment works necessary at All Saints’ Hall. Phase 1 of the works to include toilet block extension together with complete renovation of the kitchen – to accord with current disabled access and environmental legislation and provision of a soundproof partition between the church and hall. The fund is continuing to assist with future works/repairs. Page 13 ## **HAWLEY GREEN PAROCHIAL CHURCH COUNCIL NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 contd.** **Our Lady of Walsingham Hawley Anglican Men’s Society** Subscriptions and donations received from members of the Walsingham Cell and monies raised through the Cell’s activities. Subscriptions and donations received from members of the Hawley Anglican Men’s Society and monies raised through activities of the society, other than donations/collections received for a named charity. **c) Endowment Funds Mrs Humphries’s grave** See page 10 **All Saints’ Clergy House Trust** See page 10 **Glebe Endowment (Holy Trinity)** See page 10 ## **11. INDEPENDENT EXAMINER’S FEES** |**11. INDEPENDENT EXAMINER’S FEES**||| |---|---|---| |Payment to Azets Audit services Limited for professional services
rendered in acting as Independent Examiners in respect of the
Accounts to 31stDecember in accordance with the Charities Act 2011|**2023**
**£**
2,800
**2,800**|**2022**| |||**£**
1,400| |||**1,400**| ## **12. CONNECTED CHARITIES TO THE PCC** The Parochial Church Council places short term funds with the Central Board of Finance of the Church of England on its Deposit Fund Account with their Investment Office at CCLA Investment Management Ltd, Senator House, 85 0ueen Victoria Street, London EC4V 4ET. Deposits at 31 December **329,039 327,171** ## **13. INDEMNITY INSURANCE** The Vicar/Churchwardens/PCC are insured by the Parish Plus Insurance Policies under the Guildford Group Insurance Scheme for churches operated by the Ecclesiastical Insurance Office PLC (EI0), Gloucester in respect of Holy Trinity Church/Hall and All Saints’ Church Centre. This insurance provides cover as indicated on Page 9 at an annual premium of £6,006 and includes cover for theft by Church Officials up to £10,000 in any one claim at either church. ## **14. CONTINGENT LIABILITIES** We are in the process of determining who is responsible for the payment of the repairs (£600) to the Vicarage/Trinity Hall boundary fence. The Diocesan Surveyor is currently investigating whether this is a diocesan or parish responsibility. Page 14 ## **HAWLEY GREEN PAROCHIAL CHURCH COUNCIL NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 contd.** |**14 GRANTS – MISSIONARY & CHARITABLE GIVING**
**Analysis of grants shown under note 3 B2 on Page 8**
The Children’s Society
St Francis Outreach Trust – South Africa
Additional Curates Society
Farnborough Christian Outreach Trust – The Triangle Bookshop
Forward in Faith
Anglo Catholic Ordination Candidates Fund
Wessex Children’s Hospice Trust – Naomi House
Churches Together in Fleet and Crookham – Fleet Angels
Camberley All Night Café – A safe place for homeless people
Barnabas Fund
Through the Roof
Donation returned from previous year|**2023**
**£**
210
280
280
280
280
-
210
210
210
210
210
(225)
**2,155**|**2022**| |---|---|---| |||**£**
225
300
300
300
300
225
225
225
225
225
-
-| |||**2,550**| In addition the following collections were taken and donations received/processed in 2021 towards the work of a number of advised designated charities. These amounts include Gift Aid Tax recoverable, if relevant. This information is reported to parishioners by way of a note as under current national guidelines the relevant accounting entries are now excluded from these financial statements. |
from these financial statements.||| |---|---|---| |a) Received through our churches
Children in Distress
b) Other - arranged through the Church by Hawley Anglican Men’s Society
Phyllis Tuckwell Hospice|-
307
**307**|350
135| |||**485**| Page 15 ## **HAWLEY GREEN PAROCHIAL CHURCH COUNCIL NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 contd.** ## **Appendix “A”** ## **ACCOUNTING POLICIES** The financial statements have been prepared in accordance with the charity’s governing document, the Charities Act 2011 and “Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)”. The charity is a Public Benefit Entity as defined by FRS102. The financial statements have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a true and fair view. This departure has involved following the Statement of Recommended Practice for charities applying FRS 102 rather than the version of the Statement of Recommended Practice which is referred to in the Regulations but which has since been withdrawn. The financial statements have been prepared under the historical cost convention except the valuation of investment assets, which are shown at market value. The Parochial Church Council has adopted the accrual accounting basis for the preparation of the financial statements. ## **FUNDS** General funds represent the funds of the PCC that are not subject to any restrictions regarding their use and are available for application on the general purposes of the PCC. Funds designated for a particular purpose by the PCC are also unrestricted. Restricted funds are those funds that must be spent on restricted purposes and details of the funds held and restrictions are provided in note 10. Endowment funds, where capital must be retained, are explained in note 5(b). The financial statements include all transactions, assets and liabilities for which the PCC is responsible in law. ## **INCOMING RESOURCES** ## **VOLUNTARY INCOME AND CAPITAL SOURCES** Income represents the amount of voluntary donations as recorded whether by loose cash, bankers order or other form of instrument. Collections are recognised when received by or on behalf of the PCC. Planned giving receivable under Gift Aid is recognised only when received. Income Tax recoverable on Gift Aid donations is recognised when the income is recognised. Grants and legacies to the PCC are accounted for as soon as the PCC is notified of its legal entitlement, the amount due is quantifiable and its ultimate receipt by the PCC is reasonably certain. Funds raised by fetes, bazaars, catering at social functions, pilgrimages and similar events are accounted for gross. ## **OTHER INCOME** Rental income from the letting of church premises is recognised when the rental is due. Page 16 ## **HAWLEY GREEN PAROCHIAL CHURCH COUNCIL NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 contd.** ## **INCOME FROM INVESTMENTS** Dividends are accounted for when due and payable. Interest entitlements are accounted for as they accrue. Tax recoverable on such income is recognised in the same accounting year. ## **GAINS & LOSSES ON INVESTMENTS** Realised gains or losses are recognised when investments are sold. Unrealised gains or losses are accounted for on revaluation of investments at 31[st] December 2023. ## **RESOURCES EXPENDED** ## **GRANTS** Grants and donations are accounted for when paid over, or when awarded, if that award creates a binding obligation on the PCC. ## **ACTIVITIES DIRECTLY RELATING TO THE WORK OF THE CHURCH** The diocesan parish share is accounted for when due. Any share unpaid at 31[st] December 2023 will be provided for in these accounts as an operational (though not a legal) liability and shown as a creditor in the Balance Sheet. ## **FIXED ASSETS** ## **CONSECRATED LAND - BUILDINGS AND MOVEABLE CHURCH FURNISHINGS** Consecrated and beneficed property of any kind is excluded from the accounts as required by the Charities Act 2011. Movable church furnishings held by the Vicar and Churchwardens on special trust for the PCC, and which require a faculty for disposal, are accounted as inalienable property unless consecrated. They are listed in the church’s Inventory which can be inspected (at any reasonable time). For inalienable property acquired prior to 2000 there is insufficient cost information available and therefore such assets are not valued in the accounts. Items acquired since 1 January 2000 have been capitalized and depreciated in the accounts over their currently anticipated useful economic life on a straightline basis. All expenditure incurred in the year on consecrated or beneficed buildings, individual items under £1,000 or on the repair of movable church furnishings acquired before 1 January 2000 is written off. ## **OTHER LAND AND BUILDINGS** Except for inalienable property, non consecrated and non-beneficed property is depreciated on a straight-line basis to write off each asset over its anticipated useful economic life, initially 50 years or the residual period. ## **OTHER FIXTURES, FITTINGS AND OFFICE EQUIPMENT** Equipment used within the church premises is depreciated on a straight-line basis over 4 years, or 12 years depending on the useful life of the asset. Individual items of equipment with a purchase price of £1,000 or less are written off when the asset is acquired. ## **INVESTMENTS** Investments are valued at market value at 31[st] December 2023. Page 17 ## **HAWLEY GREEN PAROCHIAL CHURCH COUNCIL NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 contd.** ## **CURRENT ASSETS** Amounts owing to the PCC at 31[st] December 2023 in respect of fees, rents or other income are shown as debtors less provision for amounts that may prove uncollectable. Short term deposits include cash held on deposit either with the CBF Church of England funds or at the bank. Stocks , including wine stocks and stationery are shown at the lower of cost and net realisable value after making allowance for obsolete and slow moving items. ## **CONTROLLING PARTY** There is no overall controlling party. Page 18