Charity registratlon number 1130714 (England and Wales) THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JAMES WEYBRIDGE ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JAMES WEYBRIDGE LEGALAND ADMINISTRATIVE INFORMATION Trustees Reverend Father Damian Harrison- Miles Jane Alexander Charles Beresford Lindy Fozard Alan Knowles (PCC Treasurer) Deborah Langston Juliet Marsh Jane Mason stephen Mason {Churchwarden) Donna Miller {PCC Secretary) Neill Rubidge (Diocesan Synod Representative) Susan Rubidge (Deanery Synod Representative) Sue Scrivener Grelchen Spalt Margarel Wicks Jill Wilson (Churchwarden) Reverend Tom Musson Reverend Barry Hengist (Appointed l July 2024) {Appointed 20 May 20241 Minutes Secretary Donna Miller Charfty number {England and Wales 1130714 Principal address The Parish Centre Church Lane Weybridge Surrey KT13 8DN Independent examlner Frances Wlde FCCA DChA Wamerwilde Chartered Certified Accountanls 4 Marigold Drive Bisley Surrey GU24 9SF
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JAMES WEYBRIDGE CONTENTS Page Trustees, report Independenl examinerfs report 11 Stalement of financial activities 12-13 Balance sheet 14 Notes to the financial statements 15-33
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JAMES WEYBRIDGE TRUSTEES. REPORT FOR THE YEAR ENDED 31 DECEMBER 2024 The Imstees present their annual report and financial statements for the year ended 31 December 2024. The financial statements have been prePad in accordan with the accounting policies set out in note 1 to the financial statements and comply with the PCC'S goveming document. the Charities Act 2011 and "Altounting and Reporting by Charities.. Statement of Recommended practi applicable to charities preparing their accounts in accordance with Ihe Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 102) (effective 1 January 2019)" Objectives and activities St James, Church has the responsibility of co-operating with the incumbent in promoting in the ecclesiastical Parish the whole mission of the Church, pastoral. evangelistic, social and ecumenical. It also has maintenance responsibilities for the Church itself, the Parish Cenlre and for Ihe residential properttes within the Parish at 87 Greenlands Road, Weybridge and pays some expenses of The Rectory. Churchfields Avenue, Weybridge. This latter propety is owned by the Diocese of Guildford. The truslees have paid due regard to guidance issued by the Charity Commission in deciding what activities the PCC should undertake. Achievements and perforniance st James, New Leadership January 2024 saw the first anniversary since we celebrated the Institution and Indudion of Reverend Father Damian Harrison-miles as our new Rector. Our new Assistant Curate, The Reverend Tom Musson was made a deacon at Guildford Cathedral on Sunday 30th June 2024 in a wonderful rernonY attended by Tom's family and close friends. He then joined us formally on Sunday 7th July which was followed by a lunch. We have welcomed a new era in which St James, has renewed its leadership and offering of Ministry, in a post- Covid lockdown world, with the aim of re-building finances and stabilising attendance at worship, and increased community engagement. A summary ofthe yearat St James. The PCC met on the 3rd Monday of January, March. May, July, September and November. The PCC held an away day in January 2024, setting a new Church Development Plan. Bi-monthly Standing Committee Tneelings were held in preparation for each PCC (including Finance & Safeguarding) wilh the Chair Ilncumbent), Churchwardens. PCC Secretary and Treasurer. Other sub-committees of the PCC met quarterfy including Properties, L5turgy & Ministry, Communications, Stewardship, Family & Children, and a Charitieslmissions group. A new Eco Church group was also estsblished following a series of consuttations on the Churth Development Plan. A monthly Family SeNice at 11:30am on the 2nd Sunday monthly was held lasting 30 minutes. New congregation copies of Complete Anglican (orange cover) were purchased to provide a more up to date selection of more songs and reduce the amount of printing. The new hymn book also makes the process of copyright data retums somewhat easier. Services of Holy Baptisrn were held on most of the 4th Sundays of the month at 12noon, sometimes with as many as three families included in each. Some baptisms were also induded in the 10am Eucharist on the 1 st Sunday monthly.
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF STJAMES WEYBRIDGE TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 In January 2024 Fr Damian held a meeting in Church of Marriage Preparation for the five wedding CA)uples planning to get married at st James, Church during 2024. Following this a guide to getting married at St James, was Circulated, entitled 'Your Wedding Explained, including all the possibilities and restrictions, as well as legal obligations upon couples. Initially this was emailed to all couples but later hard copies were found to be more effective. The Communications team continued to innovate and develop the weekly Notice Sheet. Apart for services info¥mation and news. this sheet indudes bible readings. the collect, post communion prayer and any printed hymns. One side is colour printed, with the reverse black and white to help keep cosls to a minimum. A new logo for St James, was designed and approved and we moved to Calibri as our standard type face. Banners and posters for major festivals were produced, enhancing our visual outreach. Lent Course - we followed the course provided by Christian Aid, Act on Poverty 2024, with 34 people taking part with daytime and evening sessions held on a Tuesday. We reflected upon the hidden povety around our parish, wider country and wodd and how we as Christians can challenge il. We also thoughl about our impact upon creation and our need for a new approach to Ihe environment- to tread more lighlly upon all things God given and made. The APCM was held on Sunday 21 st April 2024, at 11.'30am in church. It was a positive celebration of the past year and many achievements. including our LED Sighting projects and the start of the re-ordering works. We fomally adopled Churchsuite as a new digital data system, to further integrate the management of important infomialion in accordan with data protection legislation. We chose to integrate rotas. administered by Jane Mason. and thanks is given to the team and volunteers who have made everything possible, including Rev'd Bary Hengist for the time he has spent training people up and the oversight he has kindly provided. Following the success of our monthly visit to Norfolk House care home with holy communion, we expanded our services in July 2024 to Bridge Court, a residential complex for eldedy people. where a regular group of between 6 and 10 residents gather monthly with Fr Damian and a small team of volunleers. All Our Yesterdays. a dementia service in church, resumed in September 2024 and we hope during 2025 to further expand this frorn a small start, wtlh the support of staff from Norfolk House. Remembrance Sunday was very well attended and saw the act of witness at Weybridge War Memorial enhanced with outdoor sound, Marshalls and many local uniformed groups participating. followed by a full house at the Civic service later in Ihe aftemoon. It is anticipated that we can grow renewed relationships with local unrfornied organisations moving foTward. Weybridge Christmas Festival and Christmas Lights 2024 proved popular again with attendance estimated at around 3,000 people across the aftemoon. The event was pardy hosted by St James, in and around our buildings and grounds with stalls, crafts and food, and further stalls out in Churchfields Car Park. Inside Church local choirs from various schools and community groups. drama and hand bells provided a flow of activity and enlertainment, with the traditional Advent Sunday Christingle seNice at 3pm. Following the lights switch on, the event concluded with carols in church. Our thanks to the team from Cala Homes. who in addition to generous sponsorship of the event, installed sets of sparkling lights high up in the trees around the west end of the churchyard, which looked stunning. am so thankfvl for the hours of time donated by members of the Congregation, nol least installing festive illuminations and sound, and preparing wonderful cakes for sale, looking after stalls, Santa's Grotto, offering a warm welcome, H&Slmanagement and so much more. This event set the Sne for what would be a very successful Advent and Christmas season. with significant numbers in attendance, some 1300 souls across Christmas EvelDay. Advent & Christmas Services were beautiful. creative, inclusive and very well attended wf(h excellent good collections (maiched by a very generous parishioner) and money raised for external charities loo including The Children's Society. We hosted Lodge Brolher's Annual Memorial Service which also saw their best attendance. The choir worf(ed exceptionally hard on some new material. and thanks go to everyone who made Ihe very hectic Christmas Eveloay period such a joy - everything ran without a hitch. The church looked beautiful during Advent with greenery and loveSy lowers for Christmas. The high astar Crib was given a make-over with a new sparkling backdrop and the scene topped with a shimmering star which drew worshippers in as it appeared and disappeared from sight, with beautiful Christmas Trees dressed in purple and white lights for the Advent season as the Crib undemeath the altar evolved towards Christmas with characters appearing until Christmas Eve when the trees were redecorated in gold and silver, the Christ child arrived, and the Crib blessed at the second (packed!) Crib service induding children's natsvity and a bumper haul of gifts for Home Start, Walton.
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JAMES WEYBRIDGE TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Church Development Plan ICDP) Our Parochi81 Church Council and supporting teams have spent many months and much time reflecting, praying and consulting on a plan of priorities for our church community. At the heart of our values and vision is the Inclusive Church statement: We believe in inclusive chUh- 8 church which celebrates and affinns every person and does not discriminate. We will continue to challenge the church where it continues to discriminate against peopl8 on grounds of disability, economic power ethnicity. gender. gender identity, leamAng disability, mental health, neurodiversity, or sexuality. We believe in a Church which welcomes and serves all people in the name of Jesus Ch17St,' which is scripturally faithful.. which seeks to proclaim the Gospel afresh for each generation,. and which, in the power of the Holy Spirit. allows all people to grasp how wide and long and high and deep is the love of Jesus Christ.. See: https.1h•.[nC1usIVe-church.Or9 Parish Needs Process The Parish Needs PrOs$ {PNP) of which St James, Church Is a part, focuses on a listening process., to God, through all aspects of parish life - the church, the schools and the wider community. The goal of the PNP is to support all DI0Se of Guildford par5shes as they identify top priorities for mission and growth, which foms the heart of a Church Development Plan ICDP)- The Mission Enabler Team, from the DI0Se of Guildford, with its range of specialisms, works with parishes to help confimi and implement this plan. Church Development Plan forweybridge Our plan has been drawn together over several months following a PCC away day back in January 2024. It Is a living document that we will re-visit at each PCC meeting and remains under regular review. Some aspects of our plan are reliant upon generating additional income, while others are more aboul discipleship, identifying skills and sharing gifts (fime & Talents). Our plan was submitted to the Diocese of Guildford and part of The Archdeacon of Dorking's Visitation in July 2024 was to review this plan with the Rector and Churchwardens. We identified four priority areas: Goal 1-Growing Diversity We are an intergenerational church and need to ensure we are meeting the needs of each age group with a particular focus on chIldn and young people. a. New Thursday monthty Compass Group for those aged 18 - 30 years. b. Establish a new fund to finance family & children's work moving forward. Investigate funding for a paid family & Childn,$ worker. c. Create a new famity & children's team to draw together existing and new groups including Tots Praise, Sunday School, Lego Club, Family Service, etc. d. Ensure fvll compliance with all safeguarding procedures and protocols. e. Possible after school club, summer holiday club, and preparation for children to have communion before confirmation. f. Continue to grow positive working relationships and support wilh St James CofE primary school and seek new connections with Manby Lodge Infant School. Heathside School and Brooklands College. One of our main achievements in this regard has been the transfomalion of Tots Praise into The Arf(, a weekly children's activity on a Monday in church during temi time which has attracted up to 30 young children with their parenlslcarers 81 a time. Our Lego club, held on the third Sunday of each month during terTn time, has also been a huge hit with young children and Iheir parents. There have been some great Lego creations during the year and there is always some very tasty food tool Donations and associaled costs supporting children and families are allocated to a specific Family & Friends fund to support this vilal work going foard.
THE PAkocHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF STJAMES WEYBRIDGE TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Goal 2-Growing Community-lmproved communicatlon Celebrating who we are, an inclu&ve. intergenerational community at the heart of Weybridge Town Cent. A new brandllogolidentty for St James. Vth a new colour scheme and simplified values based on the Inclusive Church network statement. b. Create a fijnclioning updated or new simpler, but more dynamic, website with more cross-over with social media and functionality wilh Churchsuite. c. Establish Churchsuite digital church managemenl system and embed into church management and church life. Churchsuite will help us to manage our parish datsbase, Electoral Roll, mailing lists, pastoral care contacts, parish nlrelchurch bookings. rotas, children, etc. d. Update all noti boards, extem81 signage, service sheets and newsletter and documents with our new branding. We have made some significant improvements In introducing Churchsuite into our daily aclivities during 2024 to help make our administrative processes more efficient and streamlined, particularly in relation to rolas, managing the Electoral Roll and maintaining up to date contact infomiation. We have also introduced our new brandingllogolidentity which has been very successfijlly received. Goal 3-Growing Community-Eco Church To Stri to safèguard the integiity of carIOn and sustain and fftnew the life of the earth. a. Create a group of interested people to leadladvise the PCC and progress ECO initiativeslprojècts and gain ECO Church accredilation {bronzelsilver awardslaccrediiation with A Rochal. b. Replace our incredibly old church boiler with A rated condensing boilers and introduce electric under carpel heat pads in some areas. (Permission receivedlfaculty in Dember 2023.) Possible new and relocated radiators, if appropriate. c. Investigate solar electric generalion systems for the parish centre and church (south) facing roof spaces. d. Fair Share - expand the summer vegetable and fruits stall to a possible community fridge. e. Use social media to draw upon a possible wider community of support for ECO initiatives beyond the congregats'on. Significant progress has been made during the year to replace the church boiler with a more efficient healing system and this work will continue in 2025 as we seek to add more radiators in church to ensure it is as wami and inviting as possible. particulady in the colder winter months. Goal 4-Growlng discipleshlp To teaGh 8nd deliver a programme of engagement with the core, the wider church community and those beyond as we seek to grow ourinclusive community. a. Be transparent about what we do, who we are. and what we believe. Engender boldness to preach the gospel for b. Assess different groups of people and what we are doing for them. Issue a whole Electoral Roll time & talents survey at the April 2024 APCM to identify new opportunilies for the church family to engage. c. Attract clubs and other groups lo use our space including the re-ordered All Souls Chapellwarm spa post September 2024. d. Use our neorkS to be more visible in the community. building individual confidence in sharing faith at home, work, and in our social circles. e. Review and where possible, extend our daily opening hours to allow wi(Jer access to Ihe church building for private prayer. f. Create a heated, flexible space inside the church {Ihe Lady chapel) ft)r small groups, meetings. bible study. prayer, and pastoral meetings.
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JAMES WEYBRIDGE TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 In 2024 we continued to build on our Access for All plans by undertaking 8 significant reordering programme to ensure the church is suitable to be used by many different church and Community groups. We reordered our All Souls Chapel and the Lady Chapel to offer wami flexible carpeted spaces for both church and community use and we took out some pews from Ihe back of the church to reinstate the original cross and to create more space for our Servery. The PCC have kept this Church Development Plan under review and met for a day in January 2025 to further review and refine our priorities moving forward. Ourvision Prayer Living God, by the guidan of your Hoty Spliit, make us heralds of good news in Weybridge. stir us your people, that in Word and Sacrament, prayer and Servi we may be inspired to share your love for all, with generosty and joy. imagination and courage, forthe sake ofJesus Chrisl our Lord. Amen. Donations to Charitles made several donations to UK charities during the year following specific collections organised by the congregation at St James.. Our 2024 Lent Appeal focused on the idea of giving £1 per day for the 40 days of Lent and thereby aiming to give a donation of £40 in aid of the Manna Centre, a charity running a day centre for homeless people in and around central London, providing food, housing and weware advice and a change of clothes. Alternatively. donors could purchase small value Aldi gift cards so that they could be given oul to the homeless to buy food. In tolal we raised £2,163 for this worthy cause. During 2024, a further £1,326 was raised for the Runnymede & Weybridge Foodbank through individual regular donations and retiring collections. Following a very successful Harvest Festival co51ection we were able to donate £650 each to two local charilies - Rentstart, a charity helping people in Elmbridge who are homeless or vulnerably housed, and Elmbridge Can, a charity helping refugees within the local community- Christian Aid week raised £816 inGluding gifl aid, with a further £220 being donated directly to Christian Aid through their own website. A total donation sum of £290 collected from the 2024 Christingle service was made to the Children's Society- Many more donations were paid directly to the Children's Society using their specific QR donation odes throughout the church. Other donations were made to: Deafblind UK- £206 Guildford Diocese Bell Ringers Fund- £25.00 SOS Rio Grande- £53.00 Safeguarding The PCC of St James, Weybridge has adopted the Church of England 'Promoting a Safer Church" Policy Statement, House of Bishops Practical Guidance and supporting diocesan safeguarding protocols. This policy statement actively underpins all safeguarding work within the church. °Promoting a Safer Church. sets out the Church of England's commitment to making the chUh a safer place for all. The Policies and Practice Guidance apply to all Church bodies and church officers. All clergy, bishops. archdeacons, licensed readers and lay workers, church wardens and PCCS must have due regard to safeguarding guidance issued by the House of Bishops. The Policy Statement, Policies, Guidance and Protocols are available to view on the diocesan website at vmw.cofeguildford.org.uklsafeguarding.
THE PAkocHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JAMES WEYBRIDGE TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 As a PCC we are committed to the suppor( nurture and protection of all in our church cornmunity. The Parish will: Create a safe and caring place for all. Have a named Parish Safeguarding Offir (PSO) to work wth the incumbenl and the PCC to implement policy and procedures. Safely recruit, train and support all those with any responsibilty for children, young people and vulnerable adults to have the confidence and skills to recognise and respond to abuse. Ensure that there is appropriate insurance cover for all activities involving d)ildren and adults undertaken in the name of the parish. Display in church premises and on the Parish websste the details of who to contact if there are safeguarding concems or support needs. Listen to and take seriously all those who disclose abuse. Take steps lo piotect children and adults when a safeguarding concem of any kind arises, following House of Bishops guidance, including notifying the Di0san Safeguarding Adviser IDSA) and statutory agencies immediately. Offer support to victimslsurvivors of abuse regardless of the type of abuse, when or where it occurred. Following advice from the DSA support and manage the safe involvement of any member of the church community who may pose a risk to children and adults whilst maintaining appropriate confidentiality and the safety of all parties. Ensure that procedures and r5sk assessments are in place for all activiiies and that these are reviewed annualty. Review the implementation of the Safeguarding Policy, Procedures and Practices at least annually. Each person who works within this church comrnunity will agree to abide by this policy and the guidelines established by this church. Financlal Review As a Chaiity we are wholty reliant on income from volunlary donations and the letting of our Parish Centre to allow us to cary out our ministry in Weybridge. Income In 2024 our total annual unrestricted income has increased by 11.2Yo to £293.320 from 2023 levels. There has been a welcome growth in our donation income, our investment income wrth the rental of our Curate's house for part of the year and also our service fee income where there has been 8 significant increase in church services. Additionally, we continued our fundraising activities in 2024 raising £10,000 lowaids the Chair Fund in church, £5,000 from the Weybridge Christmas Festival and nearly £15.000 from the Christmas Giving campaign {mainly due to a very generous parishioner matching donations). We are very grateful for all the financial support we have received throughout the year in the following ways= Through our online donation plarform on the St James. website. Through the weekly Plate. Our mobile contactless Sumup card readers at regular services to assist people avoiding the use of handling cash donations. Our fwo permanent card reading machines in Church The Parish Giving Scheme and the fomier Stewardship scheme External grants and sponsorship income
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JAMES WEYBRIDGE TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 We were very fortunate to receive extemal grants towards some of our expenses and larger projects in 2024 and beyond as follows: £40,000 grant from the Friends of St James which has been allocated to a separate restricted fund to help fund some of the repair and Maintenan of the fabric ofthe Church in 2025. £15,000 grant from the Elmbridge Community Infrastructure Levy towards the replacement of our gas boilers in church £3.362 grant from the National Churches Trust towards the costs of inspecting our church spire following our quinquennial inspection £5,203 grant from Your Fund Surrey Small Community Projects Fund towards projects.. Fixed electri1 power supplies in the churchyard to accommodate a Chrbstmas lighting display in the heart of Weybridge The provision of under carpet heating pads in the All Souls Chapel and the Lady Chapel to create wamier and more flexible spaces for our community activilies Additionally, we were very forlunate to receive sponsorship income of £3.000 from Cala Homes Ltd which was put towards the costs of our Christmas Festival activities in December 2024, including, for example, Christmas light displays and the hire of a marquee etc. Expenditure Total annual unreslricted expenditure has decreased by 7.9% to £253,514 from 2023 levels. By far the biggest single expense was the Parish Share which provides the stipends and housing for the clergy and conlribution to the shared costs of the Diocese. A sum of £113,763 (2023= £107,266) in relation to the Parish Share was paid dursng the year to the Di0Se. Olher significant expenditure has been the replacement of the church boiler with two significantly more effective ga5 boilers which should have a much-reduced energy consumpb.on and therefore ongoing cost and Phase 2 of our Access for All project which involved a further reordering of the church to create warm and flexible carpeled areas for greater church and community use by removing andlor relocating pews. Both projects were funded by a combination of restricted and unrestricted funds. In 2024 we launched the Alleluia Fund, a restricted fvnd to raise money to fund projecas outside of the PCC'S regular operating budget, to help St James. strengthen its physical presence and spiritual mission in Weybridge. Within its first year we have achieved the following.. Fixed power supplies in the churchyard for lighling and sound displays and signage Under carpet heating padding in All Souls Chapel & the Lady Chapel 2 bike rack garden planters in the church garden A live streaming movable sound desklcabinet New PTZ camera for live streaming services A memorial garden bench The net effect of the above unrestricted income and expenditure flows has resulted in a net inl]ow, after gainsl (losses) on investments and transfers beeen funds, of £26.878 (2023: nel oufflow of funds of £4,818)- This is a welcome result given all that has been athieved in 2024. Electoral Roll The electoral roll. which has been completety renewed for the Annual Parochial Church Meeting fAPCM"). shows a membership of 164 persons, of whom 79 were resident in the Parish and 85 were non-resident.
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JAMES WEYBRIDGE TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Reserves Pollcy It is PCC policy to maintain a balance which equates to at least six months of unrestricted payments to cover emergency situations that could arise from time to time, and this has been aGhieved throughout 2024. It is our policy to invest our funds balances with the CBF Church of England Deposit Fund and investments in the form of CCLA and M & G Char]nd Shares held with M & G Securilies. Although the PCC has general reserves of £240,012 as at 31 December 2024, the amount of unrestricted cash held in bank accounts at that date is onty £92,730. The remainder of the value of the general fund comprises a mixlure of other debtors and creditors -£17,443 wilh £164,725 held as 'fixed° assets e.g., those not so easily converted into cash such as investments, buildings and equipment. The trustees have assessed the major risks to which the PCC is exposed, and are satisfied that syslems are in place to mitigate exposure to the major risks.
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JAMES WEYBRIDGE TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Structure, govemance and management The PCC members who served during the year were: Reverend Father Damian Harrison-miles Jane Alexander Chades Beresford Lindy Fozard Stephen GillaTn-Smith Alan Knowles (PCC Treasurer) Deborah Langston Juliel Marsh Jane Mason Stephen Mason (Churchwarden) Donna Miller (PCC Secretary) Neill Rubidge {Di0$an Synod Representative) Susan Rubidge (Deanery Synod Representative) Sue Scrivener Gretchen Spalt Margaret Wicks Jill Wilson (Churchwarden) Reverend Tom Musson Reverend Barry Hengist (Resigned 21 April 2024) (Appointed 1 July 2024) (Appointed 20 May 2024) The method of appointment of PCC members is set out in Ihe Church Representation Rules. All Church attendees are encouraged to register on the Electoral Roll and stand for election to the PCC. New trustees are provided wfth information from the Charity Commission website and talk with existing trustees regarding trustee responsibilities. Trustees are also encouraged to go on training courses to ensure they can undertake their own responsibilities on the PCC. The fvll PCC met six times during the year for their regular business as usual PCC meetings. There were further meetings by Zoom for matters arising belween the usual bi-monthly meetings which required urgent attention and approval. Additional meetings were held by the Slanding Committee to deal with matters that arose between PCC meetings. The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities Ihe PCC should undertake. AppliGgtions for employment by disabled persons are always fully considered. bearing in mind the aptitudes of the applicant concemed. In the event of member5 of staff becoming disabled, every effort is made to ensure that their employment within the PCC continues and that the appropriate training is arranged. It is the policy of Ihe PCC that the Iraining, career development and promotion of disabled persons should, as far as possible, be identical to that of other employees.
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JAMES WEYBRIDGE TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Looklng Fonvard 2025 is already shaping up to be a busy year as we seek to complete the heating works and celebrate formally the completion of the AsS for All and Re-ordering projects. These have enabled us to slart new and exciting activtties from The Art( to new courses and opening St James, Church for wider community use. We look forward lo fijrther community events, like the Weybridge Summer Festival, the Christmas Festival, concerts and sewices, and the further development of the Foodbank with the addition, we pray. of Citizen's Advice Bureau services. We are also looking forward to Rev'd Tom's Ordination to the priesthood and first Sunday Eucharist in June. Approval and Signing The trustees, report was adopted by the Board of Trustees and subsequenuy submitted to the Annual Parochial Church Meeting on 18 May 2025 where it was formally approved by those therein present. Reverend Father Damian Harrison-miles Chairman 10-
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JAMES WEYBRIDGE INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JAMES WEYBRIDGE I report to the trustees on my examination of the financial stslements of The Parochial Church Council of the Ecdesiastical Parish of St James Weybridge {the PCC) for the year ended 31 December 2024. Responslbllities and basis of report As the truslees of the PCC you are fesponsible for the preparation of the financial statements in accordance with the requirements ofthe CharitiesAct 2011. report in respect of my examination of the PCC'S financial statements carried out under section 145 of the Charilies Act 2011. In carying out my examination I have followed the Directions given by the Charity Commission under section 145(5){b) of the Charities Act 2011. Independent examinetrs statement Since the PCC'S gross income exceeded £250,000 your examiner must be a member of 8 body listed in section 145 of the 2011 Act. I confirm that l am qualified to undertake Ihe examination because l am a member of The Association of Chartered Certified Accountanls, which is one of the listed bodies. Your attention is drawn to the faci Ihat the charity has prepared accounts in accordance with Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 102) in pferen to the Accounting and Reporting by Charities.. Statement of Recommended Practice issued on 1 April 2005 which is referred lo in the extant regulations but has now been withdrawn. l understand that this has been done in order for accounts to provide a true and fair view in accordance with Generally Accepted Accounting Practice effective for reporting periods beginning on or after 1 January 2015. I have completed my examination. I confim that no matters have come to my attention in Gonnection wtth the examination giving me cause to believe that in any material respect= accounting records were not kept in respect of the PCC as required by section 130 of Ihe Charities Art 2011. the financial statements do not accord with those records- or the financial statements do not comply with the applicable requirements conceming the form and conlent of financial statements set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the financial statements give a true and fair view, which is not a matter considered as part of an independenl examination. I have no conM$ and have come across no other matters in connection with the examination to which attention should be drawn in Ihis report in order to enable a proper understanding of the financial statements to be reached. Frances Wilde FCCA DChA Wamerwilde Chartered Certified AcGountsnts 4 Marigold Drive Bisley Surrey GU24 9SF Date.. zgm oif 11
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JAMES WEYBRIDGE STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2024 Current financial year Unrestricted Unrestricted Restricted Endowment funds funds funds funds general designated 2024 2024 Total Total 2024 2024 2024 2023 Notes Income from: Donations and legacies Income from charitable activities Other trading activilies Investments 148,309 97,066 245,375 186.523 27,567 12.764 104,680 27.567 12,764 104.680 21,040 16,923 94.694 Total income 293.320 97.066 390,386 319,180 Ex enditure on: Charitable activities 253,514 88,914 342,428 313,364 Net gainsl{10sses) on investments 12 3.523 2,847 68 6,438 17,901 Net incoming resources before transfers 43,329 10,999 68 54,396 23.717 Gross transfers between funds {16,451) 15,000 1,451 Net movement in funds 26,878 15,000 12,450 68 54,396 23.717 Fund balances at 1 January 2024 213,134 122,500 184.475 3,986 524,095 500,378 Fund balances at 31 December 2024 240,012 137,500 196,925 4.054 578,491 524,095 The statement of financial activtties includes all gains and losses recognised in the year. The statement of financial activities indudes all gains and losses recognised in the year. All income and expenditure derive from conlinuing activities. 12-
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JAMES WEYBRIDGE STATEMENT OF FINANCIAL ACTIVITIES (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Prior financial year Unrestrlcted Unrestricted Restricted Endowment funds funds funds funds general deslgnated 2023 2023 Total 2023 2023 2023 Notes Income from: Donalions and legacies Income from charitable activities Other trading activities Investments 131,135 21.040 16,923 94,694 55,388 186.523 21,040 16,923 94,694 Total Income 263,792 55.388 319,180 Ex enditure on: Charitable activities 275,426 37,938 313.364 Net gainsl(losses) on investmenls 12 7.151 10,493 257 17,901 Net Incoming resources before transfers (4,483) 27,943 257 23,717 Gross transfers beeen funds {336) 336 Net movement in funds 14,819) 28.279 257 23,717 Fund balances at l January 2023 217,953 122,500 156,196 3,729 500,378 Fund balances at 31 December 2023 213,134 122,500 184,475 3,986 524,095 13-
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JAMES WEYBRIDGE BALANCE SHEET AS A T31 DECEMBER 2024 2024 2023 Notes Flxed assets Tangible assets Investments 14 15 127,889 254,434 96,180 272,996 382,323 369,176 CUrnt assets Debtors Cash at bank and in hand 16 9.720 190.154 213,611 280.555 199.874 Creditors: amounts falling due within one year 17 164,387) (44,955} Net current assets 196.168 154,919 Total assets less current liabilities 578.491 524,095 Capital funds Endowment ftjnds General endowment funds Revaluation reserve 2,250 1,804 2,250 1,736 19 4,054 3.986 Income funds General reslricted funds Revaluation reseNe 122.285 74,640 112.682 71,793 21 196,925 184.475 Unrestricted funds Designated funds General unreslricted funds Revaluation reserve 23 137,500 154,359 84,796 122,500 131,861 81,273 377,512 335,634 578,491 524.095 The accounts were approved by the Trustees on ... Reverend Father Damian Harrison-miles Trustee 14-
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JAMES WEYBRIDGE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 Accounting policies Charlty infoThnation The Parochial Church Council of the Ecclesiastical Parish of St James Weybridge operates under the Parochi81 Church Council Powers Measure. The PCC is a Registered Charty. 1.1 Accounting convention The financial statements have been prepared in aCcrdan with the PCC'S goveming 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 IFRS 102) {effective 1 January 2019)" The PCC is a Public Benefit Entity as defined by FRS 102. The PCC has tsken advantage of the provisions in the SORP for chartlies applying FRS 102 Update Bulletin 1 not to prepare a Statement of Cash Flows. The 8ccounts have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent req¢Jired to provide a true and fair view. This departure has involved following ihe Statement of Recommended Practice for charities applying FRS 102 rather than Ihe version of the Statement of Recommended Practice which is referred to in the Regulations but which has since been withdrawn. The accounts are prepared in sterling, which is the functional currency of the PCC. Monetary amounts in these financial statements are rounded to the nearesl £. The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below. 1.2 Golng concem At the time of approving ihe financial statements, the trustees have a reasonable expectation that the PCC has adequale resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements. 1.3 Charitable funds Unrestricted funds are available for use at the discretion of the trustees in fvrtherance of their charitable objectives. Restricted funds are subject to specific condilions by donors or grantors as to how they may be used. The purposes and uses of the restricled fvnds are Set out in the notes to the financial statements. Endowment funds are subject to specific conditions by donors that the capitsl must be maintained by the pcc. 1.4 Income Income is recognised when the PCC is legally entilled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be reived. Collections are recognised when received by or on behalf of the PCC. Planned giving receivable under gift aid is recognised only when reived. Income tax recoverable on Gift Aid donations is recognised when the income is recognised. 15-
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JAMES WEYBRIDGE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Accounting policies {Continued) 1.5 Expenditure Liabilities and the resutting expenditure are recognised when etther 8 legal or constructive obligation is recognised. Grants Grants and donations are accounted for when paid over, or when awarded, rf Ihe award creates a binding obligation on the PCC. Activities directly related to the work of the Church The Diocesan Parish Share is accounted for when paid. Any amounts unpaid at 31 December are provided for in the accounts as an operational (though not a legal) liability and is shown as a credttor on the balan sheet. 1.6 Tanglble fixed assets Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreaation and any impairment losses. Depreciation is recognised so as to wrile off the cost or valualion of assets less their residual values over their useful lives on the following bases= Leasehold propety & improvements Fixtures & equipment 40 years straight line, Improvements - 10 years straight line. Straight line over 4 years The gain or loss arising on Ihe disposal of an asset is detemiined as the dIffenCe beeen the sale proceeds and the carying value of the asset, and is recognised in the ststement of financial activities. Consecrated or beneficed property of any kind is excluded from these accounts by virtue of Section 10 of the Charities Act 2011. Items acquired since 1 January 1995 have been capitalised and depreciated in the accounts over their currently anticipated useful economic life on a straight line basis. All expenditure incurred during the year on CDnsecraled or beneficed buildings, individual items under £250 or on the repair of moveable church fumishings acquired before 1 January 1995 is written off. other flxtures. fittlngs and office equipment Equipmenl used within the church premises is depreciated on a straight line basis over 4 years. Individual items with a purchase pri of £250 or less are written off when the asset is acquired. 1.7 Fixed asset investments Fixed asset investments are Initial measured at transaction price excluding iransaction costs, and are subsequently measured at fair value at each reporting date. Changes in fair value are recognised in nel ino)mel{expenditure) for the year. Transaction costs are expensed as incurred. Investments Investments are a form of basic financial instrument and are initially recognised at their transaction value and subsequently measured at their fair value as at the balance sheet date using the closing quoted market price. The statement of financial activities includes the net gains and losses arising on revaluation and disposals throughout the year. 1.8 Impairnient of fixed assets At each reporting end date, the PCC reviews the carrying amounts of its tangible and intangible assets to detemine whether there is any indication thal those assets have suffered an impaiment loss. If any such indication exisls, the COVerable amount of Ihe asset is estimated in order to detemiine the extent of the impairment loss lif any). 16-
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JAMES WEYBRIDGE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Accounting policies (Contlnued) 1.9 Cash and cash equivalents Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments wtlh original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities. 1.10 Financlal instruments The PCC has elected to apply the provisions of Section 11 'Basic Financial Instruments, and Section 12 '0ther Financial Instruments Issues, of FRS 102 to all of its financial instruments. Financial instruments are recognised in the PCC'S balance sheet when the PCC becomes paty to the contractual provisions of the instrumenl. Financial assets and liabilities are offsel, with the net amounts presented in the financial statements. when there is a legally enforceable rtght to sel off the recognised amounls and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously. Basic financial assets Basic financial assets. which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently measured at the cash or other consideration expected to be received and not discounted unless the arrangement cnnstitutes a financing Iransaction. where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised. Basic financial liabilities Basic financial liabilities, including creditors and bank loans are inili811y recognised at transaction price unless the arrangement constitutes a financing iransaction, where the debt instrument is measured at the present value of the future payments discounted at a markel rate of interest. Financial liabilities Glassified as payable within one year are not amortised. Debt instruments are subsequenly measured at the cash or other consideration expected to be paid and not discounted. Derecognitlon of financial liabilities Financial liabilities are derecognised when the PCC'S contractual obligallons expire or are discharged or cancelled. 1.11 Employee benefits The cost of any unused holiday entitlement is recognised in the period in which the employee's services are received. Termination benefits are recognised immedialely as an expense when the PCC is demonstrably committed to terminate the employment of an employee or to provide termination benefit5. 1.12 Retirement benefits Payments to defined contribution retirement benefft schemes 8re charged as an expense as they fall due. 1.13 Reserves The PCC policy is to hold (il current funds equivalent to 6 months income in order to cover any unforeseen changes in cIrcumstans, and lil) designated funds for general repairs to cover any unforeseen and uninsured major repairs or refurbishment of the properties under the care of the PCC. 17-
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JAMES WEYBRIDGE NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Critical accounting estlmates and judgements In the application of the PCC'S accounting policies, the trustees are required to make judgements. estimates and assumptions about the carying amount of assets and liabilities that are not readily apparent from other SoUrs. The estimates and associated assumplions are based on historical experience and other factors that are considered lo be relevant. Actual resuFts may differ from these estimates. The estimates and underlying assumplions are reviewed on an ongoing basis. Revisions to accounting eslimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and fvture periods where the revision affects both current and future periods. Income from donations and legacies Unrestricted Restrlcted funds funds 2024 2024 Total Unrestricted Restricted funds funds 2023 2023 Total 2024 2023 Donations and gifts Legacies Grants 143.947 1,000 3,362 36.563 180,510 1.000 63.865 130,135 29.345 159,480 60,503 1,000 26,043 27,043 148,309 97,066 245,375 131.135 55,388 186,523 Donations and gifts Planned giving - Gift Aid donations Planned giving - other planned giving Collections {open plate) at all services Special collections Sundry donations Income tax recoverable 85,774 24.186 109.960 78,050 78,050 16,898 16,898 18.838 18,638 7,396 7,396 10.475 4,764 31,017 7,518 7,518 11.154 4,456 39,664 10,475 11,154 4,764 29,115 4,456 21.473 1,902 18,191 143,947 36,563 180,510 130.135 29,345 159,480 Grants Friends of St James Access for All DBF Energy grant Surrey County Counctl Community Infrastructure Levy National Churches Trust 40,000 40,000 11,043 15.000 11,043 15,000 1,000 1,000 5,503 5,503 15,000 15,000 3,362 3.382 3,362 60,503 63,865 1,000 26,043 27.043 18-
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JAMES WEYBRIDGE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Income from charitable activities Unrestrlcted funds 2024 Unrestrlcted funds 2023 Seniice fees Fees 18,483 21.040 Miscellaneous other income 9,084 27.567 21,040 Income from other tradlng activities Unrestricted Unrestricted funds funds 2024 2023 Non-charitable trading adivities Fundraising evenls 2,512 10,252 1,753 15,170 Olher trading aclivthes 12,764 16,923 Income from inveslments Unrestricted Unrestricted funds funds 2024 2023 Rental income Income from lisled investments Interest receivable 89,509 9,175 5,996 81,823 9,075 3.796 104.680 94.694 19-
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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JAMES WEYBRIDGE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Support costs allocated to activsties 2024 2023 Parish centre running costs The Rectory Greenlands Road Miscellaneous expenses Staff training Govemance costs 35,530 1,230 8,900 5.408 695 2,058 33.760 831 8,836 9.948 1,140 53.821 54,515 Analysed between: Ministry 53,821 $4.515 2024 2023 Governan¢e costs comprise: Accountancy Independent examination 720 1,338 1.140 2,058 1,140 Net movement In funds 2024 2023 The net movement in funds is stated after chargingl{crediting)'. Fees payable for the independent examination of the charity's financial statements Depreciation of owned tangible fixed assets 1,338 10,003 1,140 12,034 10 Trustees None of the trustees (or any persons connected with them) received any remuneration during the year12023.' None). 11 Employees The average monthly number of employees during the year was 2 part time employees, which equates to 1 ftjll time staff. 2024 Number 2023 Number -22-
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JAMES WEYBRIDGE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 11 Employees (Contlnued) Employment costs 2024 2023 Wages and salaries Other pension costs 25.676 322 21,469 351 25,998 21,820 There were no employees whose annual remuneration was more than £60,000. -23-
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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JAMES WEYBRIDGE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 13 Taxation The charity is exempt from taxation on its aclivities because all its income is applied for chaiitable purposes. 14 Tangible flxed assets Leasehold property & Improvements Fixtures & èqulpment Total Cost At 1 January 2024 Addtlions 399,006 41,712 48,991 447,997 41,712 At 31 December 2024 440,718 48,991 489,709 Depreciation and impalment At 1 January 2024 Depreciation charged in the year 309,279 7.681 42,538 2.322 351,817 10,003 At 31 December 2024 316,960 44,860 361,820 Carrying amount At 31 Dember 2024 123,758 4.131 127.889 At 31 December 2023 89,727 6,453 96,180 The freehold land and buildings cnmprise the curate's house located at Greenlands Road and the Parish Centre. For accounting purposes the historical cost of Greenlands Road is deemed to be its 1995 valuation and the historical cosl ot the Parish Centre is deemed to be its 1996 valuation. These valuations have not been updated. 15 Fixed asset investments Listed investments Cost or valuatlon At 1 January 2024 Valuation changes Disposals 272,996 6,438 {25,000) At 31 December 2024 254,434 Carrying amount At 31 December 2024 254,434 At 31 December 2023 272,996 -25-
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF STJAMES WEYBRIDGE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 15 Flxed asset investments (Contlnued) Fixed asset investments revalued Investments are shown at market value at the balance sheet date. The historical cost of £132,623 is based on the 2009 valuation which is the earliest for which figures are available. 16 Debtors 2024 2023 Amounts falling due within one year: Other debtors Prepayments 46,944 9,583 137 46,944 9,720 17 Creditors: amounts falling due within one year 2024 2023 Other taxation and social security Accruals and deferred inGome 64.387 44,858 64,387 44,955 18 Retirement benefit schemes 2024 2023 Defined contribution sohemes Charge to profit or loss in respect of defined contribution schemes 322 351 The PCC operates a defined contribution pension scheme for all qualifying employees. The assets of the scheme are held separately from those of the PCC in an independently administered fund. -26-
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JAMES WEYBRIDGE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 19 Endowment funds Endowment funds represent assets which must be held pemanenlty by the PCC. Income arising on the endowment funds can be used in accordance with the objects of Ihe PCC and is included as unrestricled income. Any capital gains or losses arising on the assets form part of the fund. At 1 January 2024 Galns and losses At31 December 2024 Pemianent endowments Thomson Grave Dr Kinzie lega 2,986 1,000 68 3,054 1,000 3,986 68 4,054 Prevlous year: At 1 January 2023 Gains and losses At31 December 2023 Pernianent endonents Thomson Grave Dr Kinzie legacy 2.729 1.000 257 2,986 1,000 3,729 257 3,986 The Dr Kinzie legacy of £1,000 has been analysed as an endowment fund following the publication of research infomation relaling lo the origin of various restricted funds. -27-
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JAMES WEYBRIDGE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 20 Unrestricted funds - designated These are unrestricted funds which are material to the PCC'S activities. At 1 January 2024 Trdnsfers At31 December 2024 Church Building Curate's House Parish Centre Access for All Families & Children's Fund 50,000 15,000 50,000 7,500 50,000 15,000 50,000 7,500 15.000 15,000 122,500 15,000 137.500 Previous year: At 1 January 2023 Transfers At31 December 2023 Church Building Curate's House Parish Centre Access forml 50,000 15.000 50.000 7,500 50,000 15,000 50,000 7,500 122,500 122,500 -28-
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JAMES WEYBRIDGE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 21 Restricted funds The income funds of the charity include restricted funds comprising the following unexpended balances of donations and grants held on trust for spectfic purpose5= At 1 January 2024 Incoming resources Resources expended Transfers Gains and losses At31 December 2024 Joe Sharp Memorial fund Legacy Manna Centre Special donations & fundraising Families & Children's Fund Weybridge Educational Trust Locke King Trust Porlmore Land Estates Friends of St James- FOSJ Runnymede & Weybridge Foodbank Heating Project Access for All Appeal Access for All - setvery doors Alleluia Fund 2.350 1,000 2,350 1,000 2,163 {2.163) 413 3,817 {3,881) 358 707 336 1,017 {312) 1,041 9,073 {4,530) 4,543 26,132 598 26,730 95,890 {25,0001 2,249 73,139 40,000 40,000 3,284 1,326 15.000 (1,3261 3,284 40,000 25,000 39,800 24,354 (64,274) 120 6,197 {2,066) (10,362) 4,131 9,389 973 184,475 97,066 188,914) 1,451 2.847 196,925 -29-
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JAMES WEYBRIDGE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 21 Restricted funds (Continued) Prevlous year: At 1 January 2023 Incoming resources Resources expended Transfers Gains and losses At31 December 2023 Joe Sharp Memorial fund Janet Rubidge Sunday School Organ appeal Legacy Bishop of Guildford Community Fund Manna Centre Special donations & fundraising Families & Children's Fund Weybridge Educational Trust Locke King Trust Portmore Land Estates Friends of St James- FOSJ Foodbank Access for All Appeal Access for All - servery doors 2,350 2,350 69 150 1,000 {69) (150) 1,000 489 3.032 {489) (3,032) 4,567 {4,154) 413 110 226 336 12.018 (2.945) 9,073 23,885 2,247 26,132 87,644 8.246 95.890 11,043 2,840 (11,379) 12,840) 336 3,284 3,284 25,686 24,928 (10,814) 39,800 8,263 {2,066) 6,197 156.196 55,388 (37,938) 336 10,493 184,475 -30-
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JAMES WEYBRIDGE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 21 Restricted funds {Contlnued) Joe Sharp Memorial Fund - Established in memory of the late Joe and Bety Sharp and to be used towards funding of Ihe church fabric. Janet Rubridge Sunday School - Established to contribute to the promotion of Christian activities at Sunday School. Organ Appeal - Established to contribute to the funding of the repair and maintenancE of the organ. Le9a¢y- An anonymous legacy to be used towards funding of the church fabric. Blshop of Gulldford Community Fund - This Fund provides grants to support parishes and other church- linked organisations to reach out into the most challenged parts of CmmUnitieS in the Diocese. Manna Centre - A charity running a day centre for homeless people in and around Central London, providing food, housing and welfare advice and a change of clothes. Famllies & Children's Fund estsblished for the promotion of Christian activities that support families and children. The Weybrldge Educational Trust- This arose from the interest of the Parish of St James in the sale of the sile of St James, Church of England First School that was closed in August 1992. The funds received from that sale were wholly expended on the building of the New Hall in 1996 and the value of this fund is therefore represented by buildings rather than by cash at bank. Each year in accordance with applicable accounting standards, an eslimale of the amount the buildings have wom oul by (depreciation) is set against the remainder of this fijnd and will continue each year until the value remaining is £nil. Locke King Trust- The capital of this Fund should remain intact and the PCC should from time to time apply the income lo augment the Assistant Clergy Fund of the Parish or lowards the stipend of the Curate or otherwise for ecclesiastical purpose per Section 5 PCC {Powers) Measure 1921. Portmore Land Estates - This Fund comprises the Portmore Estate Fund and the Portmore Park Land Sale investments. The PCC may a¢sS the capital and income for ecclesi8Stical purpose guided by Section 5 PCC (Powers) Measure 1921. Friends of St James - A charity formed of local people and organisations who appreciate the value of Sl James Church in Weybridge and who raise funds for the repair, resloralion and maintenance of the Church. Runnymede & Weybrfdge Foodbank - This charity aims to provide a lifeline for families in the Runnymede and Weybridge communities experiencing financial hardship and who are desperately short of food. Access for All Appeal Phase 1 to raise funds for Ihe installation of a servery with a running water facility and to modify the North and Soulh doors to allow for independent access for disabled people via the North Door. Phase 2 - to enable some significant reordering of the Church to create a more flexible space in the All Souls Chapel, Ihe Lady Chapel and the rear ofthe Nave. Allelula Fund To raise money to fund projects outside of the PCC'S regular operating budget. Funding for such projects helps St James, continue to strenglhen our physical presence and our spiritual mission in Weybridge and beyond. 31
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JAMES WEYBRIDGE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 22 Analysis of net assets between funds Unrestricted Unrestricted funds funds general designated 2024 2024 Restricted Endovmient funds funds Total 2024 2024 2024 At 31 December 2024: Tangible assets Investments Current assetsllliabilitiesl 14,215 150,510 75,287 65,000 48.674 99.870 48,381 127,889 254,434 196,168 4.054 72.500 240,012 137.500 196,925 4,054 578,491 Unrestricted Unrestricted funds funds general designated 2023 2023 Restricted Endowment funds funds Total 2023 2023 2023 At 31 December 2023.. Tangible assets Investments Current assetsllliabilities) 256 146,988 65,890 80,654 15.270 122.022 47,183 96,180 272.996 154.919 3.986 41.846 213.134 122,500 184,475 3,986 524,095 23 Unrestricted funds The unrestrtcted fvnds of the charity comprise the unexpended balan$ of donations and grants which are not subject to specific conditions by donors and grantors as lo how they may be used. These include designated funds which have been set aside out of unrestricted funds by the trustees for specific purpose5. At 1 January 2024 Incoming resources Resources expended Transfers Gains and losses At31 December 2024 General funds 213,134 293,320 (253.514) (16,451) 3.523 240.012 Prevlous year: At 1 January 2023 Incoming resources Resources expended Transfers Gains and losses At31 December 2023 General funds 217.953 263.792 (275,426) (3361 7,151 213,134 -32-