CHRIST CHURCH PCC, WINCHESTER Charity Registration number.. 1130682 REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
CHDICT CLIIIDPH WINCHESTER REGISTERED CHARITY in England and Wales no. 1130682 ANNUAL REPORT OF THE PAROCHIAL CHURCH COUNCIL FOR THE YEAR ENDED 31ST DECEMBER 2024 Administrative information Christ Church is a large and lively evangelical Anglican Church with a strong emphasis on the preaching of God's Word and the Ministry of the Holy Spirit. Christ Church is situated on Christchurch Road within the city of Winchester. It is part of the Diocese of Winchester within the Church of England. The CoeS)ndence address is Christ Church, Christchurch Road, Winchester, S023 9SR. The Parochial Church Council (PCC) vras registered as a charity in England and Wales on 22nd July 2009 under registration number1130682. Incumbent.. Rev Simon Cansdale Assistant Minister. Rev Canon Brian Wakelin Rev Clare Carson Rev Christopher Whittaker Churchwardens.. Graham Simpson {reelected May 2024) Rachel Mcspamn {reelected May 2024) Representatives on the General Synod.. Alison Coulter Representatives on the Di0san Synod: Richard Roope Representatives on the Deanery Synod: Sara Jane Roope Nigel Smith Roshane Purdue Keith Whale (elected May 2024) Elected members to the PCC: Rachel Mcllroy (PCC Treasurer) John Wells IPCC Secretary- resigned May 2024) Alex Ross (PCC Secretary- elected May 2024) Ella Bailey Alan Brewer Fiona Camfield Nathanael Camfield Jonathan Harber Alice Lewis
CHRIST CHURCH PCC. WINCHESTER John Purdue (resigned May 2024) Sam Stockall Michael Wilmot (resigned Septemter 2024) Hannah Glandvill (elected May 2024) Louisa Goodman (elected May 2024) Kas Henderson {elected May 2024) Auditors.. Knight Goodhead Limited 7 Bournemouth Road Chandlerfs Ford Eastleigh Hampshire S053 3DA Bankers.. Natwest Bank Winchester Old Bank 105 High Street Winchester S023 9AH Structure, Governance and Management The method of appointment of PCC membeis 15 set out itj the Church Representstion Rules. All church attendees are encouraged to register on the Electoral Roll and to stand for election to the PCC. The PCC consists of the incumbent (the Vicar). and otherdergy induding Associate Ministers and Curates (both stipendiary and non-stipendiary). the Wardens. the Licensed Lay Ministers and others who a elected by those who are on the electoral roll. In addition, those who represent the Parish on the Deanery Synod are all members of the PCC ex-officio. Whilst the PCC maintain overall responsibility the Incumbent, who chairs bi-monthly meetings of the PCC, is the chief executive and oversees and directs a staff team who together manage the day to day activities of the Church. In addition to chairing the PCC the Incumbentalso chairs the Standing Committee which comprises Churchwardens, Treasurer, Secretary and Operations Director. This group meets the week before PCC and manages any matters arising and issues of a sensits've nature. Aims and Purposes The primary object of the PCC is the promotion of the gospel of our Lord Jesus Christ according to the doctrines and practices of the Church of England. In this it has the responsibility of co-operating with the incumbent in promoting within the parish and congregation of Christ Church Winchester the whole mission of the Church. pastoral, evangelislic, social and ecumenical. Italso seeks to be faithfvl to its heritage asa Simeon Trust Church and to pla priority upon its Biblical preaching. The charity is a public benefit organisation. In reviewing our objectives and activities, the trustees have kept in mind the Charity Commission's guidance on public benefit. Objectives and activities We are a Church of England church with orthodox Anglican teliefs subscribing to the historical creeds which speak of our belief in God the Father, Son and Holy Spirit.
CHRIST CHURCH PCC. WINCHESTER We subscribe to the 39 Articles with their reminders of the great Refomiation principles of'ChristAlone, Scripture Alone, Farth Alone., We are a member ofthe Evangelical Alliance and we subscribe to their Basis of Faith. As a church, we believe God is calling us to be a flourishing and generous regional ntre of Christian worship, mission and discipleship. We are grateful to serve the three key city institutions of our parish- HM Prison Winchester, The Royal Hampshire County Hospital and the University of Winchester. We also recognise our mission to serve the city ofwinchester and other parts of Chnsfs church, both In the UK and overseas. For over 10 years we have sustained partnerships in Uganda with Kalerwe in Kampala and Kisoro in the DI0Se of Muhabura. We have also worked with the DI0Se of Yel in South Sudan. The PCC also has responsibility to care for God's earth, suppjrting the work of the Church of England to achieve Climate Justice for our neighbours around to worfd and Net Cathn Zero through Maintenan and improvements to our churth buildings and grounds. Achievements and perfomiance in the year 1. Our Family Links Nurturing Programme parenting course ds run throughout the year, on several sites. 2. We held an immersive Holy Week series called 'Holy Week 360., taking in four different angles of Jesus, Crucifixion. 3. We had two interns on the national MES scheme. They are an invaluable resourc£ both to us and the wider church. 4. Our 25 small groups continued to meet for bible-study, mutual SUPFQrt and prdyer. 5. Our Student Ministry is thriwng, inventive and vibrant, and numbers are increasing. 6. Our children's and young people's groups continue to grow and deepen, especially our Pathfinders (11-14's} and Download (14-18's) groups, with a welcome injection of younger leaders. 7. We have continued to run our'Foundation Yearf, offering a weekly aftemoon of in4epth teaching and discipleship fomiation, both for our intems and the wider congregats'on. 12 enrolled in September. 8. We have continued to be a church calling people to reCognid positions of leadership within the wider church, wth 3 ople in the pipeline for training, and 3 currently training to be ordained. 9. We have conti'nued to make full use of our buildings. They are in use daily and we are glad to be able to welcome groups from the communty during the vRek. We installed a new main boiler (heating the main church and veslryl in September. 10. We have made considerable progress in our longerten project nicknamed 'ABCDE' which is to bring parts of the building that are tired or no longer fit for use up to scratch. We started a major fundraising campaign for the project in September and hope to complete Stage 1, the building works on the main Church building, during the summer of 2025. 11. Our Tuesday Toddler GrouplBumps and Babies is now running at full capacity. 12. The PCC met six times over the year, monitoring our strategic values and direction, reviewing key activities and identifying the most pressing tasks in maintaining our church buildings. 13. We held a Climate Justi Sermce in September. Kfjth a guest speaker from Tearfund. Our Creation Care Team continued to assess our progress (we reached the Arocha Silver Ecochurch Award) and promote further potential action on our parL 14. Our Global Church connections conts'nued to be a key part of our life together. 15. We used our Winchester Community Fund to make donations to The Beacon (working with homeless people in Winchester) and the ca11 Centre in Stanmore. 16. Our Safeguarding OffIr Sophie Butt continued to help us stay up to date on our training and reporting resrx)nsibilities, and we have switched to a new internal, online rep)rting system, My
CHRIST CHURCH PCC. WINCHESTER Conrn. After the publication ofthe Makin Report in November, vthich highlighted the extensive abuse perpetrated by John Smyth, and his membership of Christ Church in the 70's and early 80's, we undertook a thorough review amongst all members of the congregation who were present and active at the time, and published a video upJate forthe congregation. Our findings support the Makin Report in the view that there is no eviden that Smyth abused members of Christ Church. 17. Our numerous volunteers conb'nue to be vitally important in every activty we undertake. 18. Two key members of the staff team moved on this year- Louise Weatherall (Student Pastor, left in July) and Sue Collinson (Pastoral Director, left in August). Louise has Leen replad by Jess Monk (one of last yearfs intems) and Sue has teen rePlad by Judith Adams (longstanding congregation members and foTher Churchwarden). 19. Our ministry in the Prison has continued to grow, with congregab'on members serving as volunteer chaplains, taking Sunday seNces each month. helping to run Alpha and another course called Sycamore Tree, and a course called Making Connections, which prepares prisoners for their release. 20. Our relats'onship with Street Pastors remains strong and Mtal, with lots of Christ Church people involved. 21. It has been a better year for the Churches Together Cty Centre Chaplaincy, with key volunteers from Christ Church still deeply involved in this, and a new Lead Chaplain (Alison Dolphin) in place 22. We have CLJntinued to carry out routine maintenance on our buildings well, as well as our preparations for the ABCDE project. 23. We conducted 6 baptisms. 8 weddings and 8 funerals. Financial Review The PCC set a budget for 2024 and received regular financial reFrfJrts through the year. During the year the PCC launched a fundraising campaign (The ABCDE project) to raise funds to refurbish the church which raised £202k during the 2024 financial year. Fundraising continues in 2025 and the work is expected to be completed during the summer months of 2025. Income (excluding ABCDE) increased by £48k. Overall, costs were lower than 2024 as the prior year included a £90k investment in lighting in the church. The charty made a surplus in the year of£246,488 (2023.. deficit of£67,172) This has been added to reserves to give total reserves carried forward of £522,089 (2023.. £275,601). Of this total, £242,664 (2023.. £751) relates to restricted funds and £26,356 (2023.. £43,740) relates to designat&J funds. At the end of the year general unrestricted funds stood at £253,069 (2023: £231.110). Full financial details are available in the Statement of Financial Activity and accompanying notes. Reserves Policy It is the PCC'S wlicy to maintain a balance in the General Fund of approximately 2 months routs'ne general expenditure. In 2025 this will require end of year unrestricted funds ofc £124,000. Reserves at 31 December 2024, represented approximately 4 months of unrestricted expenditure, which is in eXsS of our reserves policy. Plans for Future Periods The PCC has developed inib'al plans for the refurt)ishment ofthe church buildings underthe heading AcSSible, Beautiful, Complete, De-clutter and Ecchurch. We have just finished a consultation with the wider congregation on our overall plans and we are now embarking on more detailed planning with our architect. This work has now started.
CHRIST CHURCH PCC. WINCHESTER We have a schedule of Whole Church Policies that we a working on to review and renew over the next couple of years. Risk Management The PCC has reviewed the risk register during the year to ensure that church systems and procedures, including individual event and activity risk assessments. are in place to mitigate those risks where practicable. Safeguarding Christ Church PCC actively promotes the welfare of children, young people and adults and wor*s to prevent abuse from oGcurring. The PCC has adopted the ChurGh of England's Safeguarding PoliGy as described in the CliurGh of England Parish Safeguardiiig Haiidbook. All PCC members, alongside all slaff members and volunteers working with young people and vulnerable adults at church, are required to undergo DBS Checking and safeguarding training. Christ Church's Safeguarding Officer.. Sophie Butt, is supported by a dedicaled DBS administrator on the staff leam. Safeguarding is a regular consideration of the PCC and Ihe church staff team, and Christ Church's Safeguarding Policy Appendix, which provides further local operational safeguarding context for all church activities, is reviewed annually. Use of volunteers The PCC appreciates that Christ Church's work is completely dependent upon the contribution of volunteers and wishes to record its thanks to all who offer their time and lalenls. All staff and volunleers working with children and vulnerable adults are subject to Safer Recruiting (including DBS checks) in line with Christ Church's and the Church of England Safeguarding Policy.
CHRIST CHURCH PCC. WINCHESTER Statement of Responsibilities of the Trustees The truslees are responsible for preparing the Annual Report and the financial statements in accordan wrth the appliGgble law and the United Kingdom Generally Accepted Accounting Practi (UK GAAPI. The Charities Act requires the Trustees to prepare financial statements for each financial year which give a true and fair view of Ihe slaie of affairs of the cliarity at Ihe end of the year and of the surplus or defiGienGy for the year then ended. In preparing those financial statements, the Trustees 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,. and prepare the financial statements on the going conrn basis unless it is inappropriate to presume that the charity wll continue in operation. The Trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy al any lime the financial position of the chatity and enable them lo ensure that the financial statenienls comply with the Charities Act 2011. The Trustees are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Signed on behalf ofthe PCC by: cflwt Rev Simon Cansdale (Vicar) Date.. 22 May 2025
INDEPENDENT AUDITORS, REPORT TO THE TRUSTEES OF CHRIST CHURCH PCC, WINCHESTER Opinion We have audited the financial statements of Christ Church PCC, Winchester (the Charity), for the year ended 31 Dernber 2024, which comprise the Statement of Financial Activities, the Balance Sheet, the Cash flow Statement and notes to the financial statements, including a summary of significant accounting policies. The financial reporting frameworl( that has been applied in their preparation is applicable law and United Kingdom Accounting Standards including Financial Reporting Standard 102.. The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice). In our opinion, the financial statements: give a true and fair view of the state of the Charity's affairs as at 31 Drnber 2024, and of its incoming reSoUrS and application of reSoUrS for the year then ended. have been properly prepared in accordan with United Kingdom Generally ACpted Accounting Practice,. and have been prepared in accordan with the requirements of the Charities Act 2011 Basis of opinion We conducted our audit in accordan with Intemational Standards on Auditing (UK) (ISAS (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor's responsibilities for the audit of the financial statements section of our report. We are independent of the Charity in accordan with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC'S Ethical Standard, and we have fulfilled our other ethical responsibililies in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. Conclusions relating to going concern In auditing the financial statements, we have concluded that the truStS, use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually 01 collectively, may cast significant doubt on the Charity's ability lo continue as a going concern for a period of at least 12 months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the trustees with respect to going conrn are described in the relevant sections of this report. Other matters In the previous accounting period the trustees of the charity took advantage of audit exemption under s144 of the Charities Act 2011. Therefore, the prior period financial statements were not subject to audit. Other infomiation The other information comprises the information included in the annual report, including the trustees, report, other than the financial statements and our auditorfs report thereon. Our opinion on the financial statements
INDEPENDENT AUDITORS, REPORTTO THE TRUSTEES OF CHRIST CHURCH PCC, WINCHESTER does not cover the other infomiation and. except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so. consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otheNise appears to be malerially misstated. If we identify such malerial inconsistencies or apparent material misstatements, we are required to determine whetherthis gives rise to a material misstatement in thefinancial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard. Matters on which we are required to report by exception In the light of the knowledge and understanding of the Charity and its environment obtained in the course of the audit, we have not identified material misstatements in the Trustees, Annual Report. We have nothing to report in respect of the following matters in relation to which the Charities (Accounts and Reports) Regulations 2008 require us to report to you if, in our opinion: the information given in the trUSts, report is inconsistent in any material respect with the financial statements., or sufficient accounting records have not been kept. or the financial statements are not in agreement with the accounting records., or we have not obtained all the infonnation and explanations neSSary for the purposes of our audit. Responsibilities of the trustees As explained more fully in the trustees, responsibilities statement, the trustees are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as they determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or eOr. In preparing the financial statements. the trustees are responsible for assessing the Charity's ability to continue as a going concem, disclosing, as applicable, matters related to going concern and using the going concem basis of accounting unless the trustees either intend to liquidate the Charity or to ase operations, or have no realistic alternative but to do so. Auditor's responsibilities for the audit of the financial statements We have been apFX)inted as auditor under Section 144 Charilies Act 2011 and report in accordan with the Act and relevant regulations made or having effect thereunder. Our objectives are to oblain reasonable assurance about whether Ihe financial statements as a whole are free from material misstatement. whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducled in accordan with ISAS (UK) will always detect a material misstatement when it exists.
INDEPENDENT AUDITORS, REPORTTO THE TRUSTEES OF CHRIST CHURCH PCC, WINCHESTER Misstatements can arise from fraud or eor and are considered material if, individually or in the aggregate, they could reasonably be expected to Influen the economic decisions of users taken on the basis of these financial statements. Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below.. The engagement partner ensured that the engagement team collectively had the appropriate competence, capabilities and skills to identify or recognise non-complian with applicable laws and regulations. We assessed the SuspIlb1llty of the Charity's financial statements to material misslatement, including obtaining an understanding of how fraud might occur, by making enquiries of manaJement as to where they considered there was sUsptibIlity to fraud, their knowledge of actual, suspected and alleged fraud and considering the internal controls in place to mitigate risks of fraud and non-compliance with laws and regulations. To address the risk of fraud through management bias and override of controls, we perfomied analytical procedures to idents'fy any unusual or unexpected relationships. tested joumal entries to identify unusual transactions and investigated the rationale behind significant or unusual transactions. In response to the risk of irregularities and non-complian with laws and regulations, we designed procedures which included, but were not limited to.. agreeing financial statement disclosures to underlying supporting documentation,. reading the minutes of meetings of those charged with governance,. and enquiring of management as to actual and potential litigation and claims There are inherent limitations in our audit prccedures described above. The more removed that laws and regulations are from financial transactions, the less likely it is that we would become aware of non- complian. Auditing standards also limit the audit procedures required to identify non-compliance with laws and regulations to enquiry of the trustees and other management and the inspection of regulatory and legal correspondence, if any. Material misstatements that arise due to fraud can be harder to detect than those that arise from error as they may involve deliberate concealment or collusion. A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at.. https.'Ilwww.frc.org.uklauditorsresponsibilities. This description fomis part of our auditor's report. Knight Goodhead Limited is eligible for appointment as auditor of the Charity by virtue of its eligibility for appointment as auditor of a company under section1212 of the Companies Act 2006.
INDEPENDENT AUDITORS, REPORTTO THE TRUSTEES OF CHRIST CHURCH PCC, WINCHESTER Use of our report This report is made solely to the Charity's truStS, as a body, in accordan with section 144 of the Charities Act 2011 and the regulations made under section 154 of that Act. Our audit work has been undertaken so that we might state to the Charity's trustees those matters we are required to state to them in an auditor's report and for no other purpose. To the fullest extent peitted by law, we do not accept or assume responsibility to anyone other than the Charity's trust&s as a body, for our audit work, for this report, or for the opinions we have formed. CJ GOODHEAD FCA Senior Statutory Auditor Knight Goodhead Limited Chartered Accountants and Statutory Auditors 7 Bournemoulh Road, Chandler's Ford, Eastleigh, Hampshire, S053 3DA Dated: 10
CHRIST CHURCH PCC, WINCHESTER STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2024 Unrestricted funds Restricted funds Total 2024 Total 2023 Notes INCOME Donations and legacies Charitable activits'es Trading activities Investments 727,441 9,689 4,890 1,995 256,579 22,542 984,020 32,231 4,890 1,995 738,622 26,662 5,384 2,237 Total income 744,015 279,121 1,023,136 772,905 EXPENDITURE Charitable activities 740,440 36,208 776,648 840,077 Total expenditure 740,440 36,208 776,648 840,077 NET INCOME I (EXPENDITURE) BEFORE TRANSFERS 3,575 242,913 246,488 (67,1721 TRANSFERS BETWEEN FUNDS 11 1,000 {1,000) NET MOVEMENT IN FUNDS 4,575 241,913 246,488 (67,1721 FUND BALANCES AT 1 JANUARY 2024 274,850 751 275,601 342,773 FUND BALANCES AT 31 DECEMBER 2024 11 279,425 242,664 522,089 275,601 See comparative in note 14.
CHRIST CHURCH PCC, WINCHESTER BALANCE SHEET AS AT 31 DECEMBER 2024 2024 2023 Notes FIXED ASSETS Tangible assets 20,802 9,469 CURRENT ASSETS Debtors Cash at bank and in hand 64,556 468,979 533,535 19,427 259,081 278,508 CREDITORS- amounts falling due within one year {32,248) {12,376) NET CURRENT ASSETS 501,287 266,132 NET ASSETS 522,089 275,601 FUNDS 10-13 Unrestricted.. Designated Other unrestricted 26,356 253,069 43,740 231,110 279,425 274,850 Restricted 242,664 751 TOTAL FUNDS 522,089 275,601 Signed on behalf of the PCC by.. cf i Rev Simon Cansdale Vicar Date.. 22 May 2025 12
CHRIST CHURCH PCC, WINCHESTER CASH FLOW STATEMENT FOR THE YEAR ENDED 31 DECEMBER 2024 2024 2023 Notes NET CASH FLOW PROVIDED BY OPERATING ACTIVITIES 225,336 (67,2811 CASH FLOWS FROM INVESTING ACTIVITIES Interest received Purchase of fixed assets Sale of fixed assets 1,995 (17,433) 2,237 (1,8431 744 NET CASH FLOW 209,898 (66,1431 NOTES TO THE CASHFLOW STATEMENT FOR THE YEAR ENDED 31 DECEMBER 2024 1 RECONCILIATION OF NET MOVEMENT IN FUNDS TO NET CASH FLOW FROM OPERATING ACTIVITIES 2024 2023 Net movement in funds forthe year Interest received Depreciation Profit on disposal of fixed assets {Increase) I decrease in debtors {Decreasel l increase in creditors 246,488 {1,995) 6,100 (67,1721 (2,2371 12,439 {7441 (2,2601 (7,3071 (45,129) 19,872 Net cash flow from 0ratIng activities 225,336 (67,2811 2 NET CASH FLOW MOVEMENT 2024 2023 Cash at the end of the year Cash at start ofthe year Increase l (decrease) in cash in the year 468,979 259,081 209,898 259,081 325,224 (66,1431 3 ANALYSIS OF CASH AND CASH EQUIVALENTS 2024 2023 Cash at bank and in hand 468,979 259,081 468,979 259,081 13
CHRIST CHURCH PCC, WINCHESTER NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2024 1 ACCOUNTING POLICIES la) Basis of accounting The financial stalements have been prepared in accordan with applicable accounting standards, the Charities Act 2011 and the Statement of Recommended Practice applicable to charities preparing their accounts in accordan with FRS 102 {effective January 2019). They are prepared under the historical costs convents'on. The accounts have been prepared on the going conrn basis. There are no material UnrtaIntieS about the charity's ability to continue. The charity is a public benefit organisation. Ib) Fund accounting General funds represent the funds of the PCC that are not subject to any restiictions as to 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. Restrtcted funds are those funds that must be spent on restricted purposes and the detsils of the funds held and restrictions are provided in note 10. (c) Income The financial statements include all transactions, assets and liabilities for which the PCC is responsible in law. They do not include Ihe financial statements of church groups that OVR their main affiliation to another body nor those that are informal gatherings of church members. Donations and legacies Collections are recognised when reiVed by or on behalf of the PCC. Planned giving re1vable under pledge is recognised only when received. Income tax recoverable on gift aid donations is recognised when the income is recognised. Grant and legacies to the PCC are accounted for as soon as the PCC is nob'fied of its legal entitlement and the amount due. Charitable activities Funds raised from church events are accounted for when receivable. Income is deferred when received for the purpose of funding missions to be Caled out in the future. Trading activities Rental income from the letting of the Centre is recognised when the rental is due. Investments Dividends and interest are accounted for when receivable. Realised gains and losses are recognised when investments are sold. Unrealised gains or losses are accounted for on revaluations of investments at 31 DeMber. Other income Other income is accounted for when re1Vable. 14
CHRIST CHURCH PCC, WINCHESTER NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2024 (continued) 1 ACCOUNTING POLICIES (continued) Id) Expenditure Expenditure is recognised on an accruals basis as a liability is incurred. It includes any VAT which cannot be fully recovered, and is allocated to the activty for which it relates. Charitable Activities The Diocesan Common Mission Fund is accounted for when payable. Grants and donations are accounted for when paid over. All costs are allocated beeen the expenditure categories of the Statement of Financial Activities on a basis designed to reflect the use of the resource. Costs relating to a particular activty are all(ated directly, others are app)rtioned beeen activities in line with their respective proportion of income reived. The PCC decided to set the Common Mission Fund contribution at £200,545 {2023'. £220,790}. le) Fixed assets The buildings at Christ Church comprise an integrated Church and Church Centre. The consecrated building was opened in 1861 and this buildin9 and the organ were extensively reordered and renovated in 1996. The Church Centre was constructed in 1988189. Both the consecrated Church building and the Church Centre are excluded from accountabilty by the PCC, and the fumishings and fittings, including the organ, which require a faculty for disposal, a regarded as inalienable property. Consecrated property is excluded from the financial ststements by s.96 {21(a) of the Charities Act 2011. Expenditure inCued during the year on consecrated buildings is written off as expenditure in the SOFA and separately disclosed. Expenditure on movable church fumishings and otherfunctional equipment is capitslised where the cost exceeds £1,500. Equipment used within the church premises is depreciated on a straight line basis over 3 to 4 years. (fj Current assets Amounts owing to the PCC at 31 December in respect of fs, rents or other income are shown as debtors less provision for amounts that may prove uncollectable. Short-term dep)sits include cash held on deposit either with the CBF Church of England Funds or at the bank. Ig) Pensions The charity participates in a defined contribution pension scheme. Contributions in respecl of this scheme are charged to the Statement of Financial Activities for the year in which they are payable. Timing dIfferenS between contributs'ons payable and contributions actually paid in the year are shown as either accruals or prepayments at the year end. 2 ADMINISTRATIVE INFORMATION The charity is unincorporated and was registered on 22 July 2009 the Charity Commission in England and Wales. The registered number is 1130682. The registered office ofthe charity is Christ Church. Christchurch Road, Winchester, S023 9SR. 15
CHRIST CHURCH PCC, WINCHESTER NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2024 (continued) 3 INCOME Unrestricted funds Restricted funds Total 2024 Total 2023 DONATIONS AND LEGACIES Gift Aided Envelope scheme Parish Giving Scheme Tax recovery Trusts and other donations Legacies ABCDE Project income Collections Grants 165,480 83D 311,049 109,519 139,163 885 166,365 830 311,049 153,275 141,359 176,147 1,630 316,525 112,076 101,834 15,429 43,756 2,196 202,022 202,022 1,400 7,720 984,020 1,400 1,511 13,470 738,622 7,720 256,579 Total donations and legacies 727,441 CHARITABLE ACTWITIES Fees Street Pastors 9,689 9,689 22,542 32,231 5,595 21,067 26,662 22,542 22,542 9,689 TRADING ACTIVITIES Church Centre 4,890 4,890 4,890 4,890 5,384 5,384 INVESTMENTS Interest 1,995 1,995 1,995 1,995 2,237 2,237 TOTAL INCOME 744,015 279,121 1,023,136 772,905 16
CHRIST CHURCH PCC, WINCHESTER NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2024 (continued) 4 EXPENDITURE Unrestricted funds Restricted funds Total 2024 Total 2023 CHARITABLE ACTIVITIES Missionary and charitable giving (see also note 5) Missionary societies, support & visits mission partners Locallhome missionslstudents WCF affiliations 71,054 14,194 5,238 90,486 200 71,254 14,194 5,238 90,686 74,589 11,133 2,165 87,887 200 Church events Upkeep of services 2,593 2,593 2,593 2,593 4,530 4,530 Ministry Common Mission Fund Wedding and funeral fees 200,545 3,205 203,750 200,545 3,205 203,750 220,790 2,592 223,382 Staff Salary, pensions, housing ofyouth & pastoral workers Other support costs 185,830 4,867 190,697 2,760 188,590 4,867 193,457 179,195 6,522 185,717 2,760 Church and Centre running expenses Heating and lighting Water Housekeeping Insurance 17,056 2,310 20,368 4,646 44,380 17,056 2,310 20,368 4,646 44,380 25,465 4,235 23,535 4,370 57,605 Church and Centre maintenance expenses Maintenance and repairs Major works ABCDE Project costs 13,454 4,861 13,454 4,861 10,664 28,979 12,773 105,003 10,664 10,664 18,315 117,776 Movable furnishings and equipment Depreciation Profit on disposal Costs of renewals 6,100 6,100 12,439 {7441 2,822 14,517 4,318 10,418 4,318 10,418 Training and Evangelism costs Training and Conferen costs Teaching materials Discipleship training & support linc. Alpha & Marriage courses. Oasis and Student work) Youth work linc. toddlers and Sunday school) Street Pastors 4,141 2,011 4,141 2,011 2,305 1,261 25,782 42 25,824 19,917 38,272 38,272 22,542 92,790 10,329 21,067 54,879 22,542 22,584 70,206 17
CHRIST CHURCH PCC, WINCHESTER NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2024 (continued) 4 EXPENDITURE (continued) Unrestricted Restricted funds funds Total 2024 Total 2023 Support Costs Office staff offi costs Telephone Bank charges Computer software and maintenance costs Presentations Catering Advertising and publicity Accountancy and b)okkeeping 47,428 9,411 8,173 4,106 7.433 424 12,938 3,057 16,625 109,595 47,428 9,411 8,173 4,106 7,433 424 12,938 3,057 16,625 109,595 50,093 9,462 5,867 3,912 14,112 439 5,566 2,243 2,090 93,784 TOTAL EXPENDITURE 740,440 36,208 776,648 840,077 Included within accountancy above are amounts due are amounts due to the auditors in relation to the accounts preparation and audit of £5,98012023.' £2,090 to the independent examiners in relation to the independent examination). 5 GRANTS Grants are made mainly, but not only. from the Wodd Church Fund (WCF). Grants to institutions in eXsS of £1,000- 2024 2023 Church Mission Society Open Doors Tearfund Wycliffe support Friends International Brickworks City Centre Chaplain Basics Bank Karis Kids Kalerwe Community & School Ufahari Girls Ministries Frontline Church Pastoral Aid Society Early Church Fund Diocese of Muhabura Street Pastors A Rocha International Winchester Beacon Carroll Centre OMF International Winchester Hospice Grants to individuals Other donations 4,000 4,000 5,000 4,000 5,500 2,200 2,004 5,000 14,843 5,000 3,000 3,000 6,384 4,800 3,500 1,500 2,004 3,000 11,084 15,583 1,024 1,000 1,575 2,418 4,526 1,500 3,000 2,000 3,000 1,500 2,100 4,000 2,000 3,250 16,000 2,000 3,000 5,289 12,950 1,039 90,686 87,887 18
CHRIST CHURCH PCC, WINCHESTER NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2024 (continued) 6 STAFF COSTS AND RELATED PARTIES 2024 2023 Salaries and wages Social security costs Pension costs Total staff costs 233,362 14,516 10,682 258,560 213,764 13,109 10,886 237,759 The average number of fvll time and part time employees during the year was 9 (2023.. 9} No remuneration was paid to trustees during the year {2023'. £nil). During the year £7,291 of expenses were reimbursed to six trustees (2023.. £4,391 was reimbursed to nine trustees). No employee received remunerab'on of more than £60,000 during the current or prior year. During the year pension contributions of£10,682 (2023.. £10,886) were payable, and at the year end the amount outstanding was £18512023.. £Nill. During the year key management personnel were paid a totsl of £26,227. The vicar chairs the PCC but he receives a stipend from Ihe Di0Se not from this charity. One trustee received remuneration of £325 (2023.. £nil) for seN1$ provided to the charity, this was not for seNices as a trustee. In addikn'on, Camfield Home Improvements. a company where N Camfield is a director, was paid a total of £244 for work carried out at the church. 7 TANGIBLE ASSETS Fumiture & equipment COST At teginning of year Addib'ons DisFx)sals At end of year 232,215 17,433 249,648 DEPRECIATION At teginning of year Charge for year DisFX)sals At end of year 222,746 6,100 228,846 NET BOOK VALUE At end of year At teginning of year 20,802 9,469 19
CHRIST CHURCH PCC, WINCHESTER NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2024 (continued) 8 DEBTORS 2024 2023 Trade debtors Gift aid tax recoverable Prepayments and accrued income 211 45,454 18,891 64,556 2,329 4,442 12,656 19,427 9 CREDITORS: amounts falling due within one year 2024 2023 Trade creditors Deferred income Accruals Other creditors 19,361 662 9,040 3,185 32,248 1,212 420 10,744 12,376 10 FUNDS The restricted and designated funds are estsblished for the following purposes- Ugandan Deanery Appeal Christ Church (and the Winchester Deanery) have a continuing relationship with the DI0Se of Muhabura in Uganda. This fund exists to administer gifts made for the di0Se by members of Christ Church and other donors Street Pastors Street Pastors Winchester is an independent charty placing trained volunteers on the city ntre streets at weekends beeen 10pm and 3am. A number of our church members are involved as volunteers. Christ Church provides an Offi Spa for the use of the coordinator, and also operates a payroll se1 for the charity- All the restricted income to this fund comes from Street Pastors Winchester and is paid out to their coordinator as salary. Specific donations & events A fund for speafic one off restricted donations which do not fall into any of the restricted categories above induding contributions for residential events. Legacy Set aside to improve the environmental sustsinability of the church building. The £14,040 transfer out reflects the tM)iler purchased during the year and capitalised. MES grant Grants r1Ved to fvnd intemships on the Ministy Experience Scheme. The £1,000 transfer out reflects laptops purchased during the year and capitalised. ABCDE Project Funds r1Ved for our ABCDE{AsS1b1e, Beautiful, Complete, Declutter and Ecochurch) project during 2025 and expect to complete the work in 2025. The main work will include improving accessibility by installing ramps and lifts, intemal redecorats'on and carpeting and new chairs and instslling solar panels. 20
CHRIST CHURCH PCC, WINCHESTER NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2024 (continued) 11 MOVEMENT IN FUNDS Balance at 1 January 2024 Transfers Balance at between 31 December funds 2024 Income Expenditure Restricted funds Street Pastors ABCDE Project MES Grants Specific donations & events 22,542 245,673 7,720 3,186 279,121 (22,542) (10,664) {2,760) {242) (36,208) 235,009 3,960 3,695 242,664 (1,0001 751 751 (1,000) Designated funds Legacy 43,740 {3,344) {14,0401 26,356 General funds General Total unrestricted funds 231,110 274,850 744,015 744,015 {737,096) {740,440) 15,040 1,000 253,069 279,425 Total funds 275,601 1,023,136 {776,648) 522,089 12 MOVEMENT IN FUNDS (Comparative) Balance at 1 January 2023 Transfers Balance at between 31 December funds 2023 Income Expenditure Restricted funds Ugandan Deanery Appeal Street Pastors Specific donations & events 600 {600) (21,067) {5,787) (27,454) 21,067 4,981 26,048 1,557 2,157 751 751 Designated funds Legacy 133,400 (89,660) 43,740 General funds General Total unrestricted funds 207,216 340,616 746,857 746,857 {722,963) (812,623) 231,110 274,850 Total funds 342,773 772,905 {840,077) 275,601 21
CHRIST CHURCH PCC, WINCHESTER NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2024 (continued) 13 ANALYSIS OF FUNDS Fund balances as at 31 December 2024 are represented by.. other Restricted Designated unrestricted funds funds funds Total 2024 Tangible fixed assets Current assets Current liabilities 20,802 264,515 {32,248) 253,069 20,802 533,535 {32,248) 522,089 242,664 26,356 242,664 26,356 Fund balances as at 31 December 2023 a represented by.. Other Restricted Designated unrestricted funds funds funds Total 2023 Tangible fixed assets Current assets Current liabilities 9,469 234,017 {12,376) 231,110 9,469 278,508 (12,3761 275,601 751 43,740 751 43,740 14 OPERATING LEASE COMMITMENTS At 31 Dember 2024, the charity had total commitments under nOn-CanlIable operating leases, due as follows: 2024 2023 Within one year Between one to tsvo years Between two and five years 1,586 1,586 29 3,201 1,241 1,241 1,241 3,723 22
CHRIST CHURCH PCC, WINCHESTER NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2024 (continued) 15 COMPARATIVE STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2023 Unrestricted funds Restricted funds Total 2023 Notes INCOME Donations and legacies Charitable activities Trading acb'vities Investments 733,641 5,595 5,384 2,237 4,981 21,067 738,622 26,662 5,384 2,237 Total income 746,857 26,048 772,905 EXPENDITURE Charitable activities 812,623 27,454 840,077 Total expenditure 812,623 27,454 840,077 NET INCOME I (EXPENDITURE) BEFORE TRANSFERS (65,766) {1,4061 (67,172) TRANSFERS BETWEEN FUNDS NET MOVEMENT IN FUNDS (65,766) {1,4061 (67,172) FUND BALANCES AT 1 JANUARY 2023 340,616 2,157 342,773 FUND BALANCES AT 31 DECEMBER 2023 274,850 751 275,601 23