PAROCHIAL CHURCH COUNCIL OF ST PAUL'S ADDLESTONE Charity no: 1131087 ANNUAL ACCOUNTS 2024 Prepared for the Annual Parochial Meeting Iith May 2025 INCUMBENT The Revd. Ben Beecroft The Vicarage 140 Church Road Addlestone KT15 ISJ BANKERS Barclays Bank Natwe5t 8ank INDEPENDENT EXAMINER Kati Tikkanen 2 Cree Way Addlestone KT15 IFR
Independent Examinerfs Report to the members/trustees of St Paul's Church. Addlestone, Parochial Church Council. I report on the accounts for the year ended 31 December 2024 which are set out in the following pages. Respectlve responslbllltles of the Trustees and Independent Examlnei The charity'5 trustees consider that an audit is not required for this year under section 144121 of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed. It Is my responslbllity to: examine the accounts under sectlon 145 of the 2011 Act,. follow the procedures laid down in the General Directions given by the Charlty Commission under section 14515llbl of the 2011 Act,. and state whether partlcular matters have come to my attentlon. Basls ot Independent Exarnlner's Statement My examination was carried out in accordance with the General Directions 8iven by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in a full audit, and consequently I do not express an audit opinion on these accounts. Independent Examlner's statement In connection with my examination, no matters have come to my attention: 111 which give me reasonable cause to believe that in any material respect the requirements: to keep accountin8 records in accordance wlth sectlon 130 of the 2011 Act; and to prepare accounts which accord with these accounting records have not been met- or 121 to whlch, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. Signed.. Date: 05/05/20L5
Addlestone PCC Sofa Separate Deslgnated For the period from 01 January 2024 to 31 December 2024 fund• fund8 fund• totslftr<• VWineA)me 122,S I22. 113.747 IrAestr)Yrt income 14 87,360 14 87,360 81.948 Td*in¢omo . 209m1 235,8S5 FUThjr#trIIrYjCQofQCfyts eokj ar¥J¢ts(xfjts activitie8 228,743 . 228,743 227,508 T(1Ioxptrndltur• 2XI,15B 230,158 228,218 - 120.26n 7,637
Addle8tone PCC statsmentof Assets and Liabillties (by code} Asat 31 D8cember2024 Clasg and nomlnal ¢od• Genèral (Unre8trfctèdl C)e8lgnatod Regtrl¢tod EndovANnt Totsl La8tyear Flxed A¥t- Investments FPA3.. Inv8stsnents 35,162 36,162 43,085 35,323 43.086 36,323 Totsl 7.403 Flxod A¥8•t- Tanglbl• s A$$ot Totsl 306,000 278.384 Curront A81- Ca8h At 8ank In Hand (10.198) 5,201 G8fj1.. Bawjays 8¥k CA02'. N8ts48t Bar 7.303 9,237 6,150 1167) 11.184 321 iioi 15.708 27 51,408 27 Totsl {768) 11772 68,73 Currgnt Amet . Oeblorn {4711 14711 1.9)1 13,4621 13,4621 Totsl 1A30 Currnnt Asset- InveBlm9nts cA04..&TIM 2.852 2,852 2,852 2,862 2.862 2.862 Llablllty. Credltorn: Amounts Falllng Due In One Yr 12,039 11039 3,143 3.143 15.182 15,182 12,479 11479 Total Net totsl 302.986 11,184 42,266 356.956 369,336
Addlestone PCC Analysis of income and expendlture Selected period.. 01 January 2024 to 31 D•cember 2024 Tolal General Deslgnated Rostrlctod Endowm•nt Th18 yoar Lastyear Incoming resources Intomlng rnsourc81 from g•nerntsd lunds I}1. pknnrd Gw.TaxEffkient IN02. Ponned GMrg.NWT&¥ IK¥)3.&7kn Ta¥Redain IW4. Colbcb)n8.Lo IN0S-ColJ'Ons-Gifti 1W.DMabOn$. IN07-Oonalp)ns-Non.Tax IN09-LegaGs IN10- Incomofirrtn Grants IN11-FvThY R8i8iig IN12-Fund r8iwng IN13-Interest IN98. Rev8lu8lt Incomlng rnsources from gènoratsd funds Tola 58.cfo 60,318 20.552 15,380 31,085 5.295 5.193 150 132 4,022 14.895 3.445 11,8L 31,085 5,193 19) 4.¢Y22 3,445 125 47 113 14 14 122.520 122,520 113,907 In¢ornlng rnsoyrces from charltsble aclvlues IN14-Fees Retsined IN15-Ha¥ Lettr IN16-Mmin saL4ry IN17-&(5t81 IN18-ChldrenaThJ Y(xth Income IN19. chr1rm• IN20-ChantyColkc*ons IN21.cOffeeeaun(theg Ir IN22-CourseB EnIFe•s IN24. Rentsl Income. )th IN25.W8 0)ntr Incomlng r080urcg8 from charttable a¢l1vlU Tolalts Other InGomlng rosourc IN23.CtsrInLxKnreResr IN99-Condiit 4,888 4,888 9,865 34, 35.264 5.401 5,401 22,719 22,719 6,550 16,655 io 13,784 13.079 13,784 87.360 87,360 81.948 Other InGomlng 1gsourl Totsl8 Incoming rnbources Grnnd totals 40.000 209,881 209.881235,855
Total Gènoral D8sFgnated Restrlctsd End¢)wm•nt Thls year Lastyèar Re80urces used Cost of generallng funds X98.Cweo8tK Lk8.FLnJrai8wKJCosts Cost of gonernwng funds Totsl8 634 Charltsble actMtle8 11.knSary A02.&8bmryand PJetsXC 171 prA.Tek 3.523 3.523 1,706 1.512 PQ8.PASa 2.083 )1.YrthGpmJ Eo2-10%GlTrJ E03.Apha 2,&83 7,570 1,632 712 7.570 1,632 712 5,681 139 E05-MBsion Publ'sfy F01. Repairs and KlantWWKe F02.cfe8tltvaSakns F03.UIths FQ4.IrfAwan F05. SafetygTr1 F06.LlherFa F07-CknYgMaknia 6.572 8,572 21.8e8 4.665 1fj.869 5,087 14,875 4,870 14.875 4.870 11,C61 1,129 11,C61 1,129 5,253 86.652 mO1.Pa Sh8reN)1 5.253 88,652 88.241 5,288 17,779 418 WJ3.Awi&rtV 19,065 1.123 275 19.065 1,123 275 S.Cwate M07.CtsmKihryE40es 1,327 1.327 127 15 1,723 1,395 1,987 174 TT5 610 473 3,153 174 TIS 610 473 3,153 5.(JwYDrstipx4ts X01.WaIty X02. X03.Boohl xt4-TrainvYJ 1,355 576 2.071 Xt6.Ewrr¢rt X07.FkMrFmJ 1,654 1.682 XCYJ.&Kia E X10.FuTrJrai4ng EbT 118
Total Gènaral De8lgnatsd Restrlcted Endowmont Thls y&ar lastyear 219 255 x11.COntsre X12-8arkCharges X13- Hall ktbrgdepo%trefvnd8 X97.GrdntPaynrt% X99.Conduit x999.uwGNED Y01.Y(xJth Pasky 211 201 211 201 22,059 y03.ywth Paknb¥ Charftablo a¢tlvltle8 Tots 228,743 228.743 227.608 Govornance costs 246 A10. Reccgrk Governance coth Total8 Othgr reurCeS wod othgr rwJurc•s us•d Tota Re80urces used Grand totals 230,158 230,158 228,218
ADOITIONAL NOTES: Hebrews/L(wes &Flshes/Wlnter Warmers The above projects record their income and expendlrure separately from the church accounts and the finances are overseen by the Hebrews Management Committee. The figures were prepared by Carol Edmondson a5 the treasurer for Hebrews and independently checked by lan Harding Opening balance as of I" January 2023 £9,773.50 Income.. £17,143.44 Expenditure.. £20,257.67 Closing balance: £6,659.27 ACCOUNTING POLICIES Basls of flnanclal statements The flnancial statements have been prepared under the Church Accounting regulations 2006 in accordance with applicable accounting standards and the current Statement of Recommended Practice Accounting and Reporting by Charlties ISORP 20051. Fund aecountlng Endowmentfunds are funds. the capital of which must be retsined either permanently or at the PCC'S discretion,. the income derived from the endowment is to be used elther as restricted or unrestricted income funds depending upon the purpose for which the endowment was established in the first place. Restrirtedfunds comprlse lal income from endowments which is to be expended only on the restricted purpose5 intended by the donor and Ib) revenue donations or grants for a specifi¢ PCC artivity intended by the donor. Unrestrirtedfunds are income funds which are to be spent on the PCC'S general purposes. De5ignotedfunds are general funds set aside by the PCC for use in the future. Project funds are designated lor partlcular projects for administration purposes only. Funds designated as investment in fixed assets for the PCC'5 own use abated in line with assets, annual depreciation charges in the SOFA. Designated funds remain unrestricted and the PCC will remove any Surplus to other general funds.
Incomlng rewrces Planned givlng. collections and 51milar donations are recognised when recelved. Tax refunds are recognised when the incoming resource to which they relate is received. Grants and legacies are accounted for when the PCC is entltled to the use of the resources, their ultimate receipt Is considered reasonably certain and the amounts due are reliably quantifiable. Divldends are accounted for when declared receivable, interest as and when accrued by the payer. All incoming resources are accounted for gross. Resources expended Grants and donations are accounted for when paid over, or when awarded, If that award creates a binding or constructive obli8ation on the PCC. Concluslon The Parochial Church Council of St Paul's, Addlestone is based at: St Paul's Church School Lane, Addlestone, KT15 ITB Charity Reference Number: 1131087 Chairper50n'. Revd. Ben Beecroft Treasurer: Gary Madden Annual accounts were prepared by the treasurer on 11 April 2025 Sl8ned bv: Gary Madden.. Treasurer Kati Tikkanen,. Independent Examlner Date". 0 ⅚ s/z625