**Charit� registration n�mber 1131705** 

# **PAROCHIAL CHURCH COUNCIL OF ST JUDE, SOUTHSEA ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023** 



## **PAROCHIAL CHURCH COUNCIL OF ST JUDE, SOUTHSEA** 

## **CONTENTS** 

||**Page**|
|---|---|
|PCC Membe�� �epo��|1 � 10|
|S�a�emen� of PCC membe�� �e�pon�ibili�ie�|11|
|Independen� e�amine�'� �epo��|12|
|S�a�emen� of financial ac�i�i�ie�|13 � 14|
|Balance �hee�|15|
|S�a�emen� of ca�h flo��|16|
|No�e� �o �he financial ��a�emen��|17 - 35|





## **PAROCHIAL CHURCH COUNCIL OF ST JUDE, SOUTHSEA** 

## **PCC MEMBERS REPORT** _**FOR THE YEAR ENDED 31 DECEMBER 2023**_ 

## **Ann�al Report for the Acti�ities of St J�de�s, So�thsea** 

## **INTRODUCTION** 

The membe�� of S� J�de�� Pa�ochial Ch��ch Co�ncil (PCC) ��bmi� �hei� Ann�al Repo�� and �he financial ��a�emen�� fo� �he �ea� ended 31[��] Decembe� 2023. The acco�n�� ha�e been p�epa�ed in acco�dance �i�h �he acco�n�ing policie� �e� o�� in no�e 1 �o �he acco�n�� and compl� �i�h �he go�e�ning �eg�la�ion�, �he Cha�i�ie� Ac� 2011 and �Acco�n�ing and Repo��ing b� Cha�i�ie�: S�a�emen� of Recommended P�ac�ice applicable �o cha�i�ie� p�epa�ing �hei�  acco�n�� in acco�dance �i�h �he Financial Repo��ing S�anda�d applicable in �he UK and Rep�blic of I�eland� (FRS  102) (effec�i�e 1 Jan�a�� 2019). 

## **LOCATION** 

S� J�de�� Ch��ch add�e�� i� Ken� Road, So��h�ea, Han�� PO5 3EL. I�� bank acco�n�� a�e held �i�h Llo�d� Bank plc, and Ca�pen�e� Bo� Jone� A�en�, Cha��e�ed Acco�n�an��, independen�l� e�amine� i�� acco�n��. 

## **BACKGROUND** 

S� J�de�� PCC ha� �he �e�pon�ibili�� of co-ope�a�ing �i�h �he Vica�, in p�omo�ing in �he eccle�ia��ical pa�i�h �he mi��ion of �he Ch��ch: pa��o�al, e�angeli��ic, �ocial and ec�menical. I� i� a co�po�a�e bod� e��abli�hed b� �he Ch��ch of England. The PCC ope�a�e� �nde� �he Pa�ochial Ch��ch Co�ncil Po�e�� Mea���e. 

S� J�de�� pa�i�h fall� �i�hin �he Dioce�e of Po���mo��h. The pa�i�h make� an ann�al con��ib��ion (��he pa�i�h �ha�e�), �hich i� ��ed �o pa� cle�g� ��ipend�, �o f�nd dioce�an mini���ie� �ha� ��ppo�� �he pa�i�h and fo� dioce�an and gene�al ��nod co���. The dioce�e appoin�� �he pa�i�h cle�g�. 

S� J�de�� PCC i� a cha�i�� - �egi���a�ion n�mbe� 1131705. The o�he� cha�i�� �ela�ed �o i� i� �he S� J�de�� Vica� and Wa�den�� T���� (a di�c�e�iona�� cha�i�able �����), b�� �hi� �a� clo�ed in 2021. 

## **PUBLIC BENEFIT** 

The PCC ha� complied �i�h �he d��� in �he Cha�i�ie� Ac� 2011 �o ha�e �ega�d �o �he p�blic benefi� g�idance p�bli�hed b� �he Cha�i�� Commi��ion. 

## **MEMBERSHIP OF THE CHURCH** 

The Elec�o�al Roll fo� 2023 ��ood a� 160 membe��. 

## **OPERATION OF THE PAROCHIAL CHURCH COUNCIL** 

The PCC me� 9 �ime� d��ing �he �ea�, �ome of i�� �o�k being done b� commi��ee� in in�e��ening mon�h�. The PCC Commi��ee� a�e: 

**Standing & Finance Committee:** Thi� commi��ee e�i��� b� la� �i�h po�e� �o ��an�ac� �he b��ine�� of �he PCC be��een mee�ing�. I� al�o con�ide�� financial need� (incl�ding p�epa�a�ion of �he ann�al PCC b�dge�), plan� PCC mee�ing agenda�, and make� �ecommenda�ion� fo� PCC con�ide�a�ion a� i� �ee� fi�. I�� membe��hip comp�i�e� �he Vica� and �he A��ocia�e Vica�, �he Ch��ch Wa�den�, �he T�ea���e� and one nomina�ed membe� of PCC. 

**Mission S�pport Gro�p:** Thi� g�o�p �eek� �o ��ppo�� and p�omo�e Ch�i��ian mi��ion o���ide �he pa�i�h, na�ionall� and o�e��ea�, �h�o�gh ed�ca�ion, enco��agemen� of �oca�ion, p�a�e� and financial gi�ing. The main mi��ion agenc� link� i� ha� fo��e�ed d��ing �hi� �ea� a�e �he Bible Socie��, �he Ch��ch Pa��o�al Aid Socie��, Tea�f�nd, In�e��e��e, O�e��ea� Mi��iona�� Fello��hip, Ch��ch Mi��ion Socie��, Spi�i� in Spo��, Hope in�o Ac�ion and Mili�a�� Mini���ie� In�e�na�ional. 

**N�rser� Management Committee:** Thi� commi��ee o�e��ee� and g�ide� �he �o�k of �he N���e�� a� Sil�e� S��ee� in co-ope�a�ion �i�h �he Leade� and ��aff. Thi� incl�de� managemen� of �he b�dge�, appoin�men� of ��aff, �ecei�ing �he Leade��� �epo��� and con�ide�a�ion of �he N���e���� need�. 

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## **PAROCHIAL CHURCH COUNCIL OF ST JUDE, SOUTHSEA** 

## **PCC MEMBERS REPORT (CONTINUED)** _**FOR THE YEAR ENDED 31 DECEMBER 2023**_ 

## **REVIEW OF THE YEAR 2023** 

## **Vision** 

## **St J�de�s Vision is: Making Jes�s the heart of So�thsea** 

We �ill do �hi� �h�o�gh: 

## **Gro�ing Faith** 

C�ea�ing oppo���ni�ie� �o enco�n�e� Je���, be g�ided b� Hi� Wo�d and empo�e�ed b� Hi� Spi�i�. 

## **Offering Hope** 

Becoming a beacon of hope �he�e e�e��one can �e�pond �o �he good ne�� abo�� Ch�i��, and e�pe�ience �e��o�a�ion and f�eedom in Him. 

## **Sharing God�s Lo�e** 

Reb�ilding and ��an�fo�ming li�e�, comm�ni�� and c�l���e b� �ha�ing �he �adical lo�e of God. 

A� a ch��ch o�� �al�e� a�e �impl� **Word and Spirit** : 

## **Word** 

We a�e g�o�nded in God�� li�ing Wo�d a� �he fo�nda�ion of o�� fai�h. We long �o g�o� in o�� dep�h and �nde���anding of Hi� Wo�d allo�ing i� �o ��an�fo�m o�� jo��ne� �i�h Je���. 

## **Spirit** 

We a�e open �o and eage�l� de�i�e �he �o�k of �he Hol� Spi�i� in o�� li�e�. We long �o be kno�n fo� Je���� ��an�fo�ming p�e�ence a� �o�k in ��. 

## **Finances** 

Bo�h Ch��ch and N���e�� �a� an inc�ea�e in income and e�pendi���e in 2023, gi�ing a combined income of �909k and o��going� of �906k �h�� gene�a�ing a �mall ���pl��. The ca��e� of co�� inc�ea�e� incl�de ��aff co���; mini���� co��� incl�ding food, ��pplie� and b�ilding ��nning co���; b�ilding main�enance co��� incl�ding �he �oof and boile� �epai��; and �he co��� a��ocia�ed �i�h in�e�n�hip �cheme�. Con��ib��o�� �o �he inc�ea�e in income incl�de N���e�� fee�; �ol�n�a�� gi�ing �o �he ch��ch; and g�an�� a��ocia�ed �i�h �he in�e�n�hip �cheme�. 

The �iming of income and e�pendi���e in 2023, �he�eb� 53% of �he e�pendi���e �a� inc���ed in �he fi��� half of �he �ea�, �he�ea� onl� 45% of �he income �a� �ecei�ed in �he �ame pe�iod, ca��ed �he PCC �o �ake ac�ion� d��ing �he �ea� �o �ho�e �p ca�h flo�. The�e incl�ded a �e����c���ing of �he ��aff �eam, a� de�c�ibed in �he ne�� �ec�ion, a� �ell a� �he defe��al of pa�i�h �ha�e pa�men�� �o Decembe� 2023. The deb� acc��ed in defe��ing �he pa�i�h �ha�e pa�men�� �a� �ai�ed b� �he Po���mo��h Dioce�an Boa�d of Finance in Decembe� 2023. Bo�h Ch��ch and N���e�� clo�ed �he �ea� �i�h a heal�h� ca�h po�i�ion. 

## **Staff** 

S� J�de�� ha� a la�ge ��aff �eam, b�� i� i� made �p of bo�h paid emplo�ee� and �ol�n�ee��. Man� of o�� paid ��aff �o�k pa��-�ime. We mee� �eekl� bo�h fo� �o��hip and �o p�a� �oge�he�, and �o o�e��ee �he f�nc�ion of �he ch��ch. 

In 2023 �e �a� fe�e� change� �o o�� ��aff �eam �han in �ecen� �ea��. D�e �o financial p�e����e�, �he �ole� of S��den� & Yo�ng Ad�l�� �o�ke� and Di�ciple�hip Yea� coo�dina�o� �e�e no� e��ended be�ond �hei� ag�eed end-poin� of A�g���. In addi�ion, �he �ole of ca�e�ake� �a� made �ed�ndan�, al�ho�gh a ne� po�� of cleane� �a� c�ea�ed - and Pa� Joll� mo�ed in�o �hi� ne� �ole. O�� in�e�n�hip �cheme �a� �e�� pop�la� �hi� �ea�, �i�h ���den�� bo�h a� S� J�de�� and o�he� ch��che� in �he ci��. A� S� J�de��, �e had 4 ���den�� join �he ��aff �eam. Camila, �ho had been a DY ���den� �he �ea� befo�e, con�in�ed in�o a ne� F����e Yo��h ��aining p�og�am. Da�i�a �e���ned a� a Mini���� E�pe�ience ���den� - looking a� �ide� ch��ch leade��hip oppo���ni�ie�. Ma�� and Hannah bo�h ��a��ed a� Di�ciple�hip Yea� ���den��, Ma�� pa��-�ime �o�king �i�h o�� e�ening �e��ice and �o��hip mini���� - Hannah f�ll-�ime, �o�king ac�o�� �he life of �he ch��ch. 

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## **PAROCHIAL CHURCH COUNCIL OF ST JUDE, SOUTHSEA** 

## **PCC MEMBERS REPORT (CONTINUED)** _**FOR THE YEAR ENDED 31 DECEMBER 2023**_ 

## **REVIEW OF THE YEAR 2023 (CONTINUED)** 

## **Worship** 

O�� pa��e�n of S�nda� and mid�eek �e��ice� �emained �nchanged in 2023, al�ho�gh �e ha�e con�in�ed �o �ee ne� people join �� a� all 4 �eg�la� �e��ice�. A� o�� mo�ning �e��ice�, in �he �p�ing �e�m �e foc���ed on �he book of Jonah, follo�ed b� a �e�ie� on Lo�e f�om 1 John and in �he a���mn �pen� �ime con�ide�ing �he life of Da�id. A� o�� e�ening �e��ice, �e began �he �ea� �i�h Ephe�ian�, �hen looked a� �ome of �he p�ac�ice� of di�ciple�hip f�om �he go�pel�, befo�e fini�hing �he �ea� �o�king �h�o�gh Philippian�. 

O�� ��ng �o��hip life con�in�e� �o be ��ppo��ed b� o�� �onde�f�l �eam of �ol�n�ee��. Thi� incl�de� o�� �o��hip in�e�n, Ma��, �ho i� o�iginall� f�om Uganda. A� one of o�� �e��ice�, �he led �he ch��ch in an Af�ican medle�, �o help �� app�ecia�e a diffe�en� �o��hip c�l���e f�om a�o�nd �he �o�ld. 

The bigge�� change �o o�� ��ng �o��hip life ha� been �he addi�ion of D�ell. Thi� i� a mon�hl� �pace, in place of �he e�ening �e��ice, �he�e �e ga�he� �i�h Ch�i��ian� f�om ac�o�� �he ci�� fo� a �ime of e��ended ��ng �o��hip. Whil�� ho��ed b� S� J�de��, �he leade��hip of �he�e e�en�� �eg�la�l� co�e�� 6 diffe�en� ch��che�, and i� i� a �ign of �ni�� a� �e �o��hip �oge�he�. The�e ha�e p�o�en �o be �e�� pop�la�, e�peciall� �i�h ch��che� ac�o�� �he ci��, a� �e �eek, �oge�he�, �o g�o� �he kingdom of God. 

## **Pra�er** 

P�a�e� �emain� cen��al �o �he life of �he ch��ch, and �e��e con�in�ed �o g�o� and enco��age p�a�e� ac�o�� �he g�o�p� �hich mee�. The ����e� cond�c�ed in 2022 led �� �o change �o ho�� a �e�ml� p�a�e� ga�he�ing�. The�e �e�e e��abli�hed a� �he end of 2022 and ha�e con�in�ed �h�o�gho�� 2023; �he� �emain a pop�la� �a� �o ga�he� a la�ge po��ion of �he ch��ch famil� �o p�a� �oge�he� fo� �he �e�m ahead. 

D��ing �he �ea�, �e faced a �pecific financial challenge. In �e�pon�e, Adam called �� �o a pe�iod of p�a�e� and fa��ing, ahead of �he PCC mee�ing �o di�c��� a �a� ahead. The �e�pon�e �a� deepl� enco��aging, and �he p�a�e�� �e�e an��e�ed in �ema�kable �a��. We ha�e con�in�ed, f�om �ime �o �ime, �o de�elop and ��ial c�ea�i�e �a�� �o engage o�he�� in p�a�e�, incl�ding joining �i�h ch��che� ac�o�� �he co�n��� �o p�a� on �he �eaf�on� fo� o�� co�n���. 

## **Discipleship** 

In 2023 �e con�in�ed �o embed o�� ���a�eg� of in�en�ional di�ciple�hip �h�o�gh �he p�oce�� of Link, Connec�, Enco�n�e�, G�o�, Follo�. Man� of �he Link and Connec� e�en�� �ill be men�ioned la�e� in �he �epo�� �nde� comm�ni�� and �i�ne��. We enco��aged people �o join and enjo� �he Life G�o�p� �hich hold a�o�nd 120 ch��ch membe��. The� mee� in �he da��ime and e�ening� each �eek �i�h mo�� follo�ing �he mo�ning �e�mon no�e�. 

A Pilg�image �o �he Hol� Land in ea�l� Ma�ch �a� 25 people f�om ac�o�� �he So��h�ea ch��che� �i�i� man� of �he place� of biblical in�e�e�� ac�o�� I��ael and �he We�� Bank. We �ook John�� Go�pel a� o�� �e�� �o follo�, �i�i�ing �he �i�e� of all of �he �e�en of Je���� �ign�. The�e �e�e man� life-changing momen�� a� �e imme��ed o���el�e� in �he hol� place� of o�� fai�h and g�appled �i�h �he p�e�en�-da� comple�i�ie� of life fo� Je�i�h people and Pale��inian�. 

In J�l� a g�o�p of abo�� 20 membe�� of S� J�de�� a��ended �he Ne� Wine Uni�ed ��mme� confe�ence �ha� �a� held in Ken� in 2023. Some �o�ked on �eam d��ing �he �eek, and all benefi�ed f�om �he e�cellen� �o��hip and �eaching. O�he� ch��ch membe�� a��ended �he Big Ch��ch Fe��i�al in We�� S���e� and �he Ke��ick Con�en�ion in �he Lake Di���ic�. 

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## **PAROCHIAL CHURCH COUNCIL OF ST JUDE, SOUTHSEA** 

## **PCC MEMBERS REPORT (CONTINUED)** _**FOR THE YEAR ENDED 31 DECEMBER 2023**_ 

## **REVIEW OF THE YEAR 2023 (CONTINUED)** 

## **Ministr�** 

## **Children and Families** 

## **Little Tiddlers** 

We c���en�l� ha�e o�e� 120 people �egi��e�ed fo� o�� pa�en� & �oddle� g�o�p �i�h a�o�nd 45 familie� (man� �i�h mo�e �han one child) a��ending e�e�� �eek. In ��mme� 2023, �e concl�ded �he fi��� ann�al c�cle of o�� ne� planning f�ame�o�k, and �o began �hi� c�cle again in Sep�embe�. We �ha�e a Bible ��o�� e�e�� �eek, and ac�o�� �he �ea� �e in��od�ce familie� �o ��o�ie� f�om �he Old Te��amen�, ��o�ie� abo�� �he life of Je��� and ��o�ie� �ha� help �hem �hink abo�� ho� �he� can p�� fai�h in�o ac�ion. Repea�ing an ann�al planning c�cle mean� �e a�e able �o be good ��e�a�d� of bo�h o�� �ime and mone� � i� allo�� �� �o �e��e �e�o��ce� and ma�e�ial� and gi�e� Be�han mo�e �ime �o de�o�e �o o�he� p�ojec�� �i�h child�en and familie�. I� al�o �einfo�ce� ke� ��o�ie� and me��age� a� child�en in �he ea�l� �ea�� lea�n �ell f�om �epe�i�ion and familia�i��. Man� of �he familie� �ho come �o �he g�o�p ha�e al�o a��ended o�he� e�en�� a� ch��ch �h�o�gho�� �he �ea�, and �ome ha�e become �eg�la� membe�� of o�� 10.45 cong�ega�ion. Be�han and �he �eam ha�e �alked familie� �h�o�gh a �ange of challenge� and ha�e �ha�ed in �ime� of jo� �i�h �hem and ha�e al�o had man� e�ci�ing and enco��aging con�e��a�ion� abo�� fai�h. We �eg�la�l� hea� pa�en�� and ca�e�� �a�, �We lo�e �hi� g�o�p, i��� �he highligh� of o�� �eek!�. 

## **S�nda� children�s gro�ps** 

In Sep�embe�, �e b�o�gh� o�� child�en in �ea� 6 back �nde� �he o�e��igh� of o�� child�en�� mini���� �eam, a� Beacon� became o�� ne� S�nda� mo�ning g�o�p fo� �chool �ea�� 5 and 6. We ha�e o�e� 80 child�en �egi��e�ed fo� o�� S�nda� child�en�� mini���� and �he� mee� ac�o�� 4 g�o�p� o�gani�ed b� �chool �ea� g�o�p. All o�� child�en�� g�o�p� foc�� on ��o�ie� f�om �he Old Te��amen� leading in�o �he Ch�i��ma� ��o�� in �he a���mn �e�m, ��o�ie� abo�� �he life of Je��� in �he �p�ing �e�m and �eflec� on a �ange of �opic� incl�ding �he cha�ac�e� of God, ho� �e li�e a� Ch�i��ian� and �ha� i� mean� �o be a ch��ch in �he ��mme� �e�m. Thi� �ea� �e planned �o in��od�ce a ne� �e�ml� ne��le��e� �o info�m pa�en�� & ca�e�� and �he �ide� ch��ch abo�� �ha� �hei� child�en a�e lea�ning and e�plo�ing on S�nda�� and �o enco��age �hem �o engage �i�h f���he� con�e��a�ion� and p�a�e� a�o�nd �hi� a� home, �i�h �he fi��� one being �en� o�� in ea�l� 2024. We a�e fo���na�e �o ha�e an ama�ing �eam commi��ed �o ��ppo��ing o�� child�en�� mini���� on S�nda�� �ho �o�k ha�d and face a �ange of challenge�, b�� �ho al�a�� �ho� lo�ing ca�e and a��en�ion �o �he child�en �he� �o�k �i�h and �ha�e �hei� en�h��ia�m and lo�e fo� Je��� �h�o�gh �ha� �he� do. We a�e al�a�� on �he looko�� fo� ne� people �o �e��e on �hi� �eam �o enable �� �o keep i� going! 

## **E�ents and other acti�ities** 

Ac�o�� �he �ea�, �e ha�e me� �i�h child�en and familie� �h�o�gh a �ange of one-off e�en�� and ac�i�i�ie�, incl�ding Ea��e� Famil� F�n, �he S�mme� of F�n (o�gani�ed in collabo�a�ion �i�h S� Simon�� and S� Ma�ga�e��� ch��che�), o�� ann�al C�eam Tea in Sep�embe�, �he p�e-Ch�i��ma� Ligh� Nigh� in No�embe�, and a film & food nigh� in Oc�obe�. We ha�e �ecei�ed �o m�ch po�i�i�e feedback f�om pa�en�� and familie� abo�� �he �a�m �elcome �he� feel a� o�� ch��ch e�en��, and �e ��e �he�e e�en�� a� oppo���ni�ie� �o �ignpo�� people �o o�he� �a�� in �hich �he� can  become mo�e in�ol�ed in �he life of o�� ch��ch. 

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## **PAROCHIAL CHURCH COUNCIL OF ST JUDE, SOUTHSEA** 

## **PCC MEMBERS REPORT (CONTINUED)** _**FOR THE YEAR ENDED 31 DECEMBER 2023**_ 

## **REVIEW OF THE YEAR 2023 (CONTINUED)** 

## **Yo�th** 

Thi� ha� been Jack�� fi��� f�ll �ea� in po��. I� �emain� a ���ong pa�� of o�� �ide� mini����, and ha� been deepened in i�� �cope and impac�. 

**Eq�ip:** In Sep�embe�, Beacon� �a� �eb�anded a� a ne� g�o�p called Eq�ip fo� �chool �ea�� 7-11, �i�h �ea� 6 being ab�o�bed back in�o child�en�� mini����. Eq�ip�� foc�� i� �o eq�ip o�� �o�ng people �i�h �he �ool� nece��a�� �o g�o� and de�elop �hei� �ela�ion�hip �i�h God and �ake con��ol of �hei� o�n di�ciple�hip. Thi� change ha� gone e���emel� �ell: �e a�e able �o ha�e mo�e open and engaged con�e��a�ion�, �e a�e �eeing �eal g�o��h in a�ea� like p�a�e�,  and i� i� gi�ing �hem a chance �o appl� a lo� of �he biblical kno�ledge �ha� �he� al�ead� ha�e. 

**Be Gro�p:** Be G�o�p i� a g�ea� g�o�p �he�e �e ��picall� go deepe� and a�k �he ha�de� q�e��ion� abo�� God and Fai�h. Mee�ing on a S�nda� e�ening, Be G�o�p ha� had �eg�la� n�mbe�� f�om 10-15 �o�ng people, going �p �o a ma�im�m of 19. A foc�� of Be G�o�p �hi� �ea� ha� been �o help �he �o�ng people �o �ead �hei� Bible� and d�a� biblical ����h� f�om i� �hem�el�e� and �a�� �he� can appl� i� �o �hei� li�e�. An a�ea �e ha�e �een a need �o look in�o fo� ne�� �ea� i� men�al heal�h. We a�e �eeing a g�o�ing amo�n� of �o��h ����ggling �i�h an�ie�� and dep�e��ion. We a�e looking a� b�inging in people �ho can ad�i�e on �hi� be��e� and �ailo�ing o�� �e��ion� �o look in�o men�al heal�h  a� �ell. 

**High Tide:** High Tide i� a mon�hl� e�en� ho��ed in diffe�en� ch��che� a�o�nd �he a�ea of Po���mo��h and �eaching a� fa� a� Em��o��h and Po�che��e�. We ha�e food, game�, �o��hip and a �alk. We��e �een a lo� of g�o��h �i�h High Tide �hi� �ea�: n�mbe�� ha�e almo�� do�bled f�om 40-50 in la�e 2022 and a�e no� �eeing �eg�la� n�mbe�� of 80. 

High Tide i� enco��aging fo� �o�ng people f�om ch��che� �ha� ha�e �malle� n�mbe�� fo� �hei� �o��h. Once a mon�h �he� ge� �o ga�he� �i�h la�ge n�mbe�� of people �hei� age and �o��hip God. Secondl�, i� �ake� �o��h g�o�p� o�� of �he b�bble of �hei� o�n ch��ch and mingle� �hem �i�h �o��h of diffe�en� backg�o�nd� and ��age� of fai�h. I� al�o allo�� fo� pa��ne��hip in ch��che� ac�o�� �he a�ea. I� �eall� feel� like a �nif�ing g�o�p looking a� God�� plan fo� hi� kingdom in �he ci�� and no� j��� o�� local ch��ch. 

The�e �a� al�o a 4-da� High Tide �e�iden�ial again in 2023. Thi� �ea� God ��ed �hi� �ime �o de�elop �he �o��hip of �he �o�ng people. We had 40 �o�ng people �he�e, 15 of �hom �e�e f�om S� J�de��. I� �a� g�ea�, a� �ome �o��h �ho ma� no� a��end �o��h g�o�p� �eg�la�l� came along, and no� a�e �eg�la�� a� man� of �he g�o�p� �e do. 

**Eden:** Eden i� �he name of o�� ne� So��h�ea-�ide p�ojec� �ha� �e la�nched in pa��ne��hip �i�h King� Ch��ch. We ��n i� ��ice a mon�h and a�e foc��ed on p�o�iding a �afe place fo� �o�ng people �o come and feel God�� peace, �he�he� feeling God�� peace i� �h�o�gh pla�ing pool o� Ma�io Ka�� o� �npacking a ha�d �eek o�e� a �lice of pi��a.  We a�e ��ill in �he ea�l� ��age� of �hi� p�ojec�; ho�e�e�, �e a�e al�ead� �eeing n�mbe�� of abo�� 25 YP. O�� goal i� �o c�ea�e a good ba�e fo� Eden and �hen �o ad�e��i�e in �he local �chool�. We al�o hope �o b�ing mo�e ch��che� in�o pa��ne��hip �i�h �he g�o�p. 

**SOS:** Social on Sa���da� i� a g�ea� g�o�p �he�e �e ea�, pla� game� and a�k q�e��ion� abo�� God. We��e �een a big �pike in n�mbe�� fo� SOS: f�om n�mbe�� of 8-10, �e �ee �eg�la� n�mbe�� of abo�� 19 no�. We��e al�o e�panded i�� �each �o S� Simon��, a� �he� ha�e a lo� of �o�ng people in �ea� 6, �hich SOS i� ideal fo�. 

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## **PAROCHIAL CHURCH COUNCIL OF ST JUDE, SOUTHSEA** 

## **PCC MEMBERS REPORT (CONTINUED)** _**FOR THE YEAR ENDED 31 DECEMBER 2023**_ 

## **REVIEW OF THE YEAR 2023 (CONTINUED)** 

**Beacons Pl�s (Sat�rda� Night Social):** We ha�e de�eloped Beacon� Pl�� a lo� and ha�e no� �eb�anded i� a� Sa���da� Nigh� Social. I� i� la�gel� ��n b� ��o �ol�n�ee�� �ho a�e �e�� pa��iona�e abo�� c�ea�ing a f�n �pace fo� �he olde� �o�ng people. We ha�e ��ppo��ed and helped �o c�ea�e a �i�ion fo� g�o��h b�� �he �ol�n�ee�� ca��� �he planning and ��nning of �he g�o�p. N�mbe�� ha�e ��a�ed �o�ghl� �he �ame a�o�nd 10-12, b�� �he dep�h of �he g�o�p ha� g�o�n a lo�. We��e gone f�om a �eg�la� mo�ie nigh� �o �ocial� �panning �o �hing� like game� nigh�� and ice c�eam o��ing�, and �e ��ill enjo� a good mo�ie nigh�. We��e �een o�� �o��h lo�e �ime �o cha� and �n�ind, �o ha�e ��ied �o c�ea�e mo�e �pace fo� �hi�. 

## **St J�de�s Ch�rch N�rser�:** 

The N���e�� con�in�ed �o p�o�ide e�cellen� ca�e in 2023 �o a�o�nd 90 �o 100 child�en de�pi�e facing �e�io�� challenge�. The ke� i���e in �he �ea� �a� �he diffic�l�� in a���ac�ing good ne� ��aff. The�e i� a na�ion�ide lack of n���e�� p�ac�i�ione�� and �e a�e legall� bo�nd �o emplo� ��ained ��aff. De�pi�e �hi�, �e p�o�ided �ea�-�o�nd p�o�i�ion and appoin�ed an e�cellen� ne� dep��� manage� and �pecial ed�ca�ional need� coo�dina�o� on a �ime limi�ed con��ac� fo� co�e� fo� ma�e�ni�� lea�e. 

In ea�l� Feb��a�� �e �ecei�ed an Of��ed In�pec�ion �ha� ga�e a j�dgemen� of Req�i�e� Imp�o�emen�. We appealed again�� �ome of �he finding� of �he In�pec�o� �i�ho�� ��cce��. The ��aff �hen �o�ked �i�ele��l� on �he a�pec�� �ha� had been highligh�ed, �o �ha� �he ��b�eq�en� in�pec�ion in ea�l� 2024 �e���ned �� �o a �a�ed Good ��a���. 

The ch��ch ��aff con�in�ed �eekl� �i�i�� �o �he N���e�� �o embed �he Ch�i��ian e�ho� �i�h ��o�ie� and �ong�. The N���e�� Managemen� Commi��ee me� �i� �ime� d��ing �he �ea� and mon�hl� N���e�� p�a�e� mee�ing� �e�e held.  Fee� �e�e �ai�ed �o cope �i�h inc�ea�e� in ��aff pa� and �hank� �o �he con�in�ed ha�d �o�k of �he �onde�f�l managemen� �eam, �he N���e�� p�o�ided a ���pl�� of �18,000 �o �he ch��ch. 

The �ea� ended �i�h �he depa����e of �he long-�e��ing and m�ch-lo�ed dep��� manage� Helen Ma��hall. Helen ha� fo� a long �ime been a ke� coo�dina�o� of man� of �he Ch�i��ian a�pec�� of �he �o�k of �he N���e�� incl�ding �he  �i�i�� �o o�� ch��ch fo� Lea�e�� and Na�i�i�� �e��ice�. Af�e� 31 �ea�� of dedica�ed �e��ice �e ga�e Helen a big pa��� j��� befo�e Ch�i��ma� �ha� �a� a��ended b� man� pa�� a� �ell a� p�e�en� membe�� of ��aff. The e�ening �a� �e� ano�he� ��ib��e �o �he �e�� �pecial place �ha� o�� N���e�� ha� al�a�� been. 

## **St�dents and Yo�ng Ad�lts:** 

A� �he PCC di�ce�ned i�� �i�ion in 2021, i� �a� clea� �ha� an a�ea in �ignifican� need of g�o��h �a� among�� ���den�� and pa��ic�la�l� �o�ng ad�l��. I� commi��ed �o in�e��ing in �hi� ���a�egicall� impo��an� a�ea �h�o�gh con�in�ing �he e�ening �e��ice and �eg�la� �ocial g�o�p. Thi�d Th���da�, a mon�hl� �ocial �pecificall� fo� ���den��, ha� con�in�ed, and �eg�la�l� ha� 10-15 in a��endance, along�ide a �eekl� ���den� Life G�o�p. Fi��� F�ida� ha� beg�n, �hich i� a �ocial g�o�p aimed a� o�� �o�ng ad�l�� and mee�� mon�hl�. The�e i� a g�o�p of a�o�nd 35 ���den�� and �o�ng ad�l�� �ho a�e in �eg�la� con�ac� and a��end ch��ch a� lea�� mon�hl�. Sadl� d�e �o financial con���ain�� �he PCC �ook �he deci�ion no� �o con�in�e �he paid �ole in �hi� a�ea, b�� ha� con�in�ed �o in�e�� a po��ion  of i�� b�dge�� �o �he o�e�all g�o��h of �hi� mini���� - �hil�� �he leade��hip ha� fallen �o o�he�� �i�hin �he �eam. 

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## **PAROCHIAL CHURCH COUNCIL OF ST JUDE, SOUTHSEA** 

## **PCC MEMBERS REPORT (CONTINUED)** 

## _**FOR THE YEAR ENDED 31 DECEMBER 2023**_ 

## **REVIEW OF THE YEAR 2023 (CONTINUED)** 

## **Pastoral Care** 

The bigge�� change in o�� pa��o�al ca�e ha� been a�o�nd �he o�e��igh� �eam. R��h McCabe and S��ie Pla��, �ho ha�e o�e��een �hi� �eam fo� man� �ea��, bo�h ��ood do�n f�om �hei� leade��hip �ole�, al�ho�gh �emain on �he �eam. Je�� Tam� �a� appoin�ed a� a �ol�n�ee� Anna Chaplain, �pecificall� looking �o �o�k �i�h olde� ad�l�� a� �he end of 2022. In �hi� �ole �he ha� added a n�mbe� of �Anna F�iend�� �ho a�e commi��ioned �o ��ppo�� �he �ide� pa��o�al �o�k of �he ch��ch. 

The �eam con�in�e� �o ca�e fo� indi�id�al� ac�o�� �he life of �he ch��ch, �o�king ha�d �o en���e �ha� no one i� mi��ed o� o�e�looked. 

S��ie mo�ed �o a ne� �ole a� Welcome �eam coo�dina�o�, and �oge�he� �i�h �he �ide� �eam ha� �e-en�i�ioned �he p�oce�� fo� helping �ho�e �ho a��i�e a� S� J�de�� a� ne� people feel able �o be pa�� of �he comm�ni�� a� �oon a� po��ible. 

The �eg�la� g�o�p� fo� Monda� Fello��hip and Monda� L�nch ha�e con�in�ed �o mee�, and enjo� compan� and good food �oge�he�. 

## **Comm�nit� and Witness** 

D��ing 2023 �e con�in�ed �o hold **Link e�ents** �ha� �o�gh� �o �each o�� �o o�� local comm�ni�� and b�ing people in�o con�ac� �i�h �he ch��ch. In �he fi��� �e�m �e held a We Lo�e So��h�ea e�en� �i�h f�ee b��ge��, �ellbeing �o�k�hop�, child�en�� c�af�� and game� on 11�h Feb��a��. In �he ��mme� �e�m �e held a comm�ni�� ba�beq�e �o celeb�a�e �he Co�ona�ion of King Cha�le� on S�nda� 7�h Ma�. Then in J�l� �e ho��ed a �e�� ��cce��f�l e�ening of Fai�h a� The M��ical�. In �he a���mn �e�m �e offe�ed a f�ee C�eam Tea on 16�h Oc�obe� and al�o ga�e a�a� f�ee ho�dog� on �he e�ening �hen �he Ch�i��ma� ligh�� �e�e ��i�ched on in la�e No�embe�. We ended �he �ea� �i�h Ca�ol� in �he P�ecinc� on Sa���da� 16�h Decembe�. 

2023 �a� ano�he� �onde�f�l �ea� fo� **Frida� Fridge** , ano�he� �ea� �hen �e��e been p�i�ileged �o �e��e �he homele��, nea�-homele��, �nde�-p�i�ileged, ma�ginali�ed and ��lne�able ad�l�� in Po���mo��h and So��h�ea.  F�ida� F�idge i� open �o e�e��one, �ega�dle�� of need o� an� o�he� fac�o��, b�� f�ee food �end� �o a���ac� �ho�e �ho need f�ee food. O�� g�e�� n�mbe�� ha�e g�o�n f�om an a�e�age of 29 a �eek in 2020 �o 40 a �eek in 2023 �i�h 2058 g�e��� �i�i�ing F�idge d��ing �he �ea�. Whil�� i� �ho�ld ne�e� be abo�� �he n�mbe��, e�peciall� a� inc�ea�ed n�mbe�� ma� �impl� indica�e a g�o�ing �ocial p�oblem, i��� g�ea� �o kno� �ha� mo�e and mo�e people a�e being �a�ml� �elcomed in�o o�� ch��ch and fed. Indeed mo�e �han j��� fed - one of �he �hing� �ha� �he pandemic made �e�� clea� i� �ha� o�� g�e��� don�� j��� come fo� �he food, �he� come fo� �he compan�, fo� �he �a�m �elcome, fo� �he oppo���ni�� �o cha� and �ela� in o�� �afe �pace. We��e e�panded o�� offe�ing �o no� incl�de a f�ll meal once a mon�h, �i�h �he ���adi�ional�, and m�ch lo�ed, bacon �oll� and chee�e �oa��ie� ��ill being �e��ed e�e�� �eek �hen �e��e no� doing a f�ll meal. We��e no� comple�ed o�� �econd con�in�o�� �ea� of being open e�e�� F�ida� � �ha��� 104 F�ida�� �i�ho�� a b�eak - in fac� �ince �he ��a�� of �he pandemic in Ma�ch 2020 �e��e onl� ��opped ��ice fo�  Ch�i��ma�. Tha��� an a�e�ome achie�emen� and onl� made po��ible beca��e �e ha�e an a�e�ome �eam of �ol�n�ee�� and an a�e�ome ch��ch and, mo�� impo��an�l�, an ���e�l� a�e�ome God. 

In 2023 �e al�o con�in�ed o�� ��ppo�� of o�� **Hope into Action ho�se** �ha� �eek� �o offe� longe� �e�m ho��ing �o �ho�e in need of mo�e �ec��e accommoda�ion. In �he �ea� o�� ��o long-�e�m �enan�� mo�ed on f�om �he ho��e �i�h �he lo�e and p�ac�ical help of �ho�e �ho had bef�iended �hem. Finance� and �ime �e�e gi�en �o en���e �ha� �he ho��e �a� �ell p�epa�ed fo� �he ne� �enan��. The p�a�e� ��ppo�� g�o�p me� �eg�la�l� on Zoom and fo� �h�ee �ocial meal� �oge�he� �i�h �he �enan��. 

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## **PAROCHIAL CHURCH COUNCIL OF ST JUDE, SOUTHSEA** 

## **PCC MEMBERS REPORT (CONTINUED)** _**FOR THE YEAR ENDED 31 DECEMBER 2023**_ 

## **REVIEW OF THE YEAR 2023 (CONTINUED)** 

O�� **Eco Ch�rch team** con�in�ed �o mee� �h�o�gh �he �ea�. Af�e� �he ��cce��e� of o�� eco ch��ch a�a�d� in 2022, �he �ea� �a� a f�����a�ing one fo� �he �ola� panel p�ojec�, �i�h li��le p�og�e��. Wildlife �alk� �e�e held �eg�la�l�, �i�h mo�� being led b� Da�id Pea��on. O�� ����ainable �e��ile� e�en��, Po�e� Se�, led b� Clai�e Beadnell, ha�e con�in�ed �o be �e�� pop�la�, helping a la�ge n�mbe� of people �ep��po�e and �e��o�e clo�hing and o�he� �e��ile�. 

O�� **Mission S�pport Gro�p** me� fo�� �ime� d��ing �he �ea� �o p�a� fo� o�� mi��ion pa��ne��, alloca�e o�� mi��ion gi�ing and plan fo� �he p�o�i�ion of info�ma�ion �o be pa��ed on�o �he ch��ch. On o�� Mi��ion S�nda� on J�l� 2nd, Ca�oline Dean� f�om Hope in�o Ac�ion �poke, and �e had info�ma�ion abo�� o�he� mi��ion pa��ne�� incl�ding Tea�f�nd. Jane Po��lock �ook o�e� �he leade��hip of �hi� G�o�p a� Ro�ena Pea��on ��epped do�n. In 2023 a �o�al of �27,816 �a� gi�en �o o�� mi��ion pa��ne�� and o�he� local mi��ion�. 

The S� J�de�� **Alpha co�rse** �an f�om �he 11�h Jan�a�� �o �he end of Ma�ch, �i�h o�� A�a� Da� on 25�h Feb��a�� a� Bedhamp�on. We had a g�o�p of mi�ed na�ionali�ie� and �i�h membe�� f�om S� Simon�� Ch��ch �ho �e�e planning �o fo�m �hei� o�n Alpha ��ee�ing g�o�p. The g�o�p con�in�ed �o mee� once �he co���e ended �i�h �e�e�al membe�� joining �he ch��ch and one bap�i�m a� a �e��l�. The meal� �e�e �onde�f�ll� ��ppo��ed b� �he Life G�o�p�. 

## **Occasional Offices** 

We lo�e mee�ing �i�h membe�� of o�� comm�ni�� �h�o�gh o�� occa�ional office�, al�ho�gh �e �end �o �ee mo�e membe�� of o�� ch��ch famil� fo� �he�e. In 2023 �e had 3 �edding�, 5 f�ne�al� and bap�i�ed 10 child�en and 7 ad�l��. 

## **Safeg�arding & GDPR** 

Safeg�a�ding of o�� people �emain� �he highe�� p�io�i�� fo� �he ch��ch. Safeg�a�ding i� a ��anding i�em on PCC agenda�, and �he �afeg�a�ding and pa��o�al ad�i�o�� g�o�p (SPAG) ha�e con�in�ed �o mee� each �e�m. We �emain g�a�ef�l �o Jan Pa�kin� �ho ha� con�in�ed in he� �ole a� Safeg�a�ding office�, and �o Lo�na Sandland �ho �ook �p  �he �ole, �pecificall� foc���ed on ad�l�� a� �i�k, a� Ali Meccano-Thoma� ��ood do�n. 

We con�in�e �o imp�o�e �he �ec��i�� of �he da�a �e hold, pa��ic�la�l� ��pecial ca�ego��� da�a, ��ing a �a�ie�� of �echnologie� and policie� incl�ding m�l�i-fac�o� a��hen�ica�ion. 

## **Wider Deaner�** 

Adam ��ood do�n a� A��ocia�e A�ea Dean a� �he ��a�� of 2023 in o�de� �o foc�� hi� a��en�ion on �he mini���� of S� J�de��. Ho�e�e�, �hil�� �he po�� i� in �acanc�, he ha� con�in�ed �o en���e �he �ela�ion�hip� ac�o�� �he �o��he�n cl���e� of ch��che� �emain good, mee�ing �eg�la�l� �i�h �he cle�g� a� bo�h S� Ma�ga�e�'� and S� Simon��. S� Jame�� �a� in �acanc� �h�o�gho�� 2023, and �o �he cle�g�, pa��ic�la�l� Adam and Nigel, ��ppo��ed �hem �i�h S�nda�  �e��ice� and p�o�iding co�e� fo� f�ne�al�. Neil Sma�� con�in�e� �o �eg�la�l� ��ppo�� S� Ma�ga�e�'� a� ��aining inc�mben� fo� �hei� c��a�e - and ha� al�o �emained on Dioce�an S�nod. Mo�e �ecen�l� he ha� joined �he �eam a� an A��i��an� Dioce�an Di�ec�o� of O�dinand�, helping �ho�e �ho a�e looking �o be o�dained. 

## **St J�de�s Ch�rch B�ilding** 

In 2023 �e had �ome �ignifican� i���e� �i�h �he �oof abo�e �he �ppe� �oom �hich had been iden�ified a� needing �o be �eplaced. A� �e ��ied �o do �o, f���he� �o�k �a� di�co�e�ed and in �he end a �empo�a�� �oof co�e�ing �a� p�� in place. The �eam ha� con�in�ed �o �o�k �o�a�d� gaining pe�mi��ion �o p�� �ola� panel� on �he �o��h �oof, �hich �ill help bo�h �ed�ce o�� ca�bon foo�p�in�, and al�o �ed�ce o�� inc�ea�ing ene�g� co���. In addi�ion, �e��e con�in�ed �o do �malle� amo�n�� of main�enance �o�k a� and �hen �eq�i�ed. 

The bigge�� change ha� been �he appoin�men� of Me���n Co�d�e� a� �ol�n�ee� b�ilding� manage� �o�a�d� �he end of 2023. Me���n ha� p�e�io��l� been in�ol�ed in la�ge� b�ilding� �o�k in �he ch��ch, �o kno�� bo�h �he b�ilding and �he dioce�e �ell. He ha� beg�n �he �o�k, �i�h o�� b�ilde� and a�chi�ec�, of p�io�i�i�ing �he �o�k� o��lined in �he q�inq�ennial �epo��, along�ide o�he� �o�k �hich need� �o be done, a� �e con�in�e �o make o�� b�ilding be�� �e��e �he �i�ion of �he ch��ch. 

- 8 - 



## **PAROCHIAL CHURCH COUNCIL OF ST JUDE, SOUTHSEA** 

## **PCC MEMBERS REPORT (CONTINUED)** _**FOR THE YEAR ENDED 31 DECEMBER 2023**_ 

## **Financial re�ie�** 

S� J�de�� �e���ned a �mall ���pl�� of �3k on �he combined ac�i�i�ie� of �he Ch��ch and N���e�� in 2023. The combined income g�e� b� 11% �o �909k, comp�i�ing �514k of N���e�� income and �395k of Ch��ch income.  N���e�� income g�o��h �a� �he �e��l� of inc�ea�ed fee and g�an� income, Ch��ch income g�o��h f�om inc�ea�ed �ol�n�a�� gi�ing and g�an� income. Ch��ch g�an�� and �he a�a�ding bodie�, �o �hom �e e��end o�� g�a�i��de, a�e �ho�n in No�e 3 of �he Financial S�a�emen�. 

Bo�h N���e�� and Ch��ch �e�e ��bjec� �o inc�ea�e� in ��aff co��� in 2023 a� a �e��l� of inc�ea�e� �o �he li�ing �age and pa� inc�ea�e� in line �i�h infla�ion. The Ch��ch made a one-off pa�men� �o all ��aff in Ap�il 2023 in �ecogni�ion of �he �ha�p inc�ea�e in li�ing co���. The Ch��ch �a� �he beneficia�� of a �ai�e� of �23k of o�� 2023 pa�i�h �ha�e pa�men�, �he eq�i�alen� of 20% of o�� ann�al pa�men�, made b� �he Po���mo��h Dioce�an Boa�d of Finance. Thi� �ai�e�, along �i�h ��aff change� made b� �he PCC and liq�ida�ion of an in�e��men� f�nd, allo�ed �� �o manage a pe�iod of �e���ic�ed ca�h flo� in �he middle of �he �ea� �i�ho�� �eco���e �o o�� ca�h �e�e��e�. The �eceip� of g�an�� and �he gene�o�� �e�pon�e �o a Gif� Da� in �he final q�a��e� en���ed �ha� �e ended �he �ea� �i�h a ��able c���en� acco�n� balance. 

A� 31 Decembe� 2023 �he�e �e�e �o�al f�nd� of �1,033,416 incl�ding �32,528 endo�men�, �362,628 �e���ic�ed and �594,863 de�igna�ed. 

## **Reser�es Polic�** 

I� i� PCC polic� �o main�ain a balance of 2 mon�h� of ope�a�ing co��� on �n�e���ic�ed f�nd� (if po��ible) �o co�e� eme�genc� �i��a�ion� �ha� a�i�e f�om �ime �o �ime. S� J�de�� Ch��ch hold� �46,125 in a de�igna�ed f�nd acco�n� and �he N���e�� hold� �50,000 in a de�igna�ed f�nd acco�n� �o mee� �hi� �eq�i�emen�. PCC �ill �e�ie� �he �al�e of �e�e��e� held in 2024 in line �i�h �he inc�ea�e in income and e�pendi���e in 2023. 

## **RISK ASSESSMENT** 

The Ch��ch i� enco��aged �o con�ide� �ha� �i�k� �he�e a�e �o �he f�lfilmen� of �he cha�i�able p��po�e of �he o�gani�a�ion. Thi� �nde��aking ha� foc��ed on �he ph��ical and p�ac�ical �a�he� �han �he �pi�i��al. 

## **Loss of the b�ilding** 

The�e �o�ld appea� �o be �e�e�al op�ion� �o en���e con�in�i�� of S�nda� �o��hip �ho�ld �he b�ilding be �ende�ed �n��able fo� �ha�e�e� �ea�on. The�e i� a �chool �i�h ��o �i�e� in �he immedia�e �icini�� �i�h �hich S�. J�de�� ha� good �ela�ion�. The Ch��ch al�o o�n� Sil�e� S��ee� Yo��h Cen��e �hich co�ld be ��ed, albei� �i�h �ome adj���men� b� �he N���e�� �ho a�e �he p�ima�� ��e��. S�. J�de�� School �o�ld al�o be an op�ion, albei� �ha� �he b�ilding i� o���ide of �he Pa�i�h. 

I� i� ���pec�ed �ha� �he p�o�i�ion of a �en�e fo� bo�h �he Ch��ch Office� and �he �a�io�� e�en�� �ha� �ake place in �he ch��ch b�ilding migh� be mo�e p�oblema�ic. An� long-�e�m lo�� of ��e of �he b�ilding migh� be amelio�a�ed b� �he lea�e of a �hop �i�hin So��h�ea Shopping Cen��e. 

Since �he enfo�ced clo���e �e��l�ing f�om �he Co�id-19 c�i�i� �he Ch��ch ha� ��ed �echnolog� and �ocial media �o p�o�ide pa�i�hione�� �i�h �i���al acce�� �o �o��hip �e��ice�, g�o�p�, bible �eading� and �eflec�ion�.  The Ch��ch ha� �pg�aded �elephon� �o enable ��aff �o �o�k �emo�el� d��ing pe�iod� of lockdo�n, and �hi� can be ��ili�ed �o en���e �he efficien� ��nning of �he Ch��ch Office �hen ��aff a�e no� able �o acce�� �he  b�ilding. 

## **Financial** 

O�e�all �e�e��e� a�e con�ide�ed ��fficien� �o deal �i�h mo�� �nfo�e�een financial �eq�i�emen��. The b�lk of �e�e��e� a�e con�ained in f�nd� �ha� �he PCC ha� de�igna�ed fo� pa��ic�la� p��po�e�, mainl� a��ocia�ed �i�h �he N���e��. The Ch��ch ha� comp�ehen�i�e in���ance �hich �ho�ld co�e� mo�e gene�al ca�a���ophic e�en��. The Ch��ch main�ain� a po��ion of i�� f�nd� in �eadil� acce��ible acco�n�� �o mee� immedia�e demand�. 

- 9 - 



## **PAROCHIAL CHURCH COUNCIL OF ST JUDE, SOUTHSEA** 

## **PCC MEMBERS REPORT (CONTINUED)** _**FOR THE YEAR ENDED 31 DECEMBER 2023**_ 

## **MEMBERSHIP OF THE PAROCHIAL CHURCH COUNCIL** 

PCC membe�� a�e ei�he� e�-officio o� elec�ed b� �he Ann�al Mee�ing in acco�dance �i�h �he Ch��ch Rep�e�en�a�ion R�le�. The PCC con�i��ed of: 

**Vicar** 

Adam Tam� 

**Ch�rch Wardens** 

Da�id Bacon - Vice Chai� Jane Po��lock 

**Diocesan S�nod Representati�e** 

Debbie S���on 

**Deaner� S�nod Representati�es** 

Jo� Mcabe 

**Associate Vicar** 

Neil Sma�� 

**Elected Members Jan to Dec 2023** 

Helen Bol�on Richa�d Bol�on - T�ea���e� Rob D�ake Elaine Halle�� Richa�d Po��lock Ma�k Neck Ma�k Sandland 

**Elected Members stepped do�n in 2023** 

Jim Campbell Bill E�an� Ro�ena Pea��on Ei�ene Ro��e 

**Elected Member appointed in 2023 Coopted Member appointed in 2023** 

Sam Adie Me���n Co�d�e� - B�ilding� Office� 

**Signed on behalf of the PCC on 28 April 2024** 

**Chair** 


- 10 - 



## **PAROCHIAL CHURCH COUNCIL OF ST JUDE, SOUTHSEA** 

## **STATEMENT OF PCC MEMBERS RESPONSIBILITIES** _**FOR THE YEAR ENDED 31 DECEMBER 2023**_ 

The PCC membe��, �ho a�e al�o �he �����ee�, a�e �e�pon�ible fo� p�epa�ing �he PCC Membe�� Repo�� and �he acco�n�� in acco�dance �i�h applicable la� and Uni�ed Kingdom Acco�n�ing S�anda�d� (Uni�ed Kingdom Gene�all� Accep�ed Acco�n�ing P�ac�ice). 

The la� applicable �o cha�i�ie� in England and Wale� �eq�i�e� �he PCC membe�� �o p�epa�e acco�n�� fo� each financial �ea� �hich gi�e a ���e and fai� �ie� of �he ��a�e of affai�� of �he PCC of S� J�de and of �he incoming  �e�o��ce� and applica�ion of �e�o��ce� of �he PCC of S� J�de fo� �ha� �ea�. 

In p�epa�ing �he�e acco�n��, �he PCC membe�� a�e �eq�i�ed �o: 

- �elec� ��i�able acco�n�ing policie� and �hen appl� �hem con�i��en�l�; 

- ob�e��e �he me�hod� and p�inciple� in �he Cha�i�ie� SORP; 

- make j�dgemen�� and e��ima�e� �ha� a�e �ea�onable and p��den�; 

- ��a�e �he�he� applicable acco�n�ing ��anda�d� ha�e been follo�ed, ��bjec� �o an� ma�e�ial depa����e� di�clo�ed and e�plained in �he acco�n��; and 

- p�epa�e �he acco�n�� on �he going conce�n ba�i� �nle�� i� i� inapp�op�ia�e �o p�e��me �ha� �he cha�i�� �ill con�in�e in ope�a�ion. 

The PCC membe�� a�e �e�pon�ible fo� keeping ��fficien� acco�n�ing �eco�d� �ha� di�clo�e �i�h �ea�onable acc��ac� a� an� �ime �he financial po�i�ion of �he PCC of S� J�de and enable �hem �o en���e �ha� �he acco�n�� compl� �i�h  �he Cha�i�ie� Ac� 2011 and �he Ch��ch of England Acco�n�ing Reg�la�ion�. The� a�e al�o �e�pon�ible fo�  �afeg�a�ding �he a��e�� of �he PCC of S� J�de and hence fo� �aking �ea�onable ��ep� fo� �he p�e�en�ion and  de�ec�ion of f�a�d and o�he� i��eg�la�i�ie�. 

- 11 - 



## **PAROCHIAL CHURCH COUNCIL OF ST JUDE, SOUTHSEA** 

## **INDEPENDENT EXAMINER'S REPORT** 

## **TO THE PCC MEMBERS OF PAROCHIAL CHURCH COUNCIL OF ST JUDE, SOUTHSEA** 

I �epo�� �o �he PCC membe�� on m� e�amina�ion of �he financial ��a�emen�� of Pa�ochial Ch��ch Co�ncil of S� J�de, So��h�ea (�he PCC of S� J�de) fo� �he �ea� ended 31 Decembe� 2023. 

## **Responsibilities and basis of report** 

A� �he PCC membe�� of �he PCC of S� J�de �o� a�e �e�pon�ible fo� �he p�epa�a�ion of �he financial ��a�emen�� in acco�dance �i�h �he �eq�i�emen�� of �he Cha�i�ie� Ac� 2011 (�he 2011 Ac�). 

I �epo�� in �e�pec� of m� e�amina�ion of �he PCC of S� J�de�� financial ��a�emen�� ca��ied o�� �nde� �ec�ion 145 of �he 2011 Ac�. In ca���ing o�� m� e�amina�ion I ha�e follo�ed all �he applicable Di�ec�ion� gi�en b� �he Cha�i�� Commi��ion �nde� �ec�ion 145(5)(b) of �he 2011 Ac�. 

## **Independent e�aminer's statement** 

Since �he PCC of S� J�de�� g�o�� income e�ceeded �250,000 �o�� e�amine� m��� be a membe� of a bod� li��ed in �ec�ion 145 of �he 2011 Ac�. I confi�m �ha� I am q�alified �o �nde��ake �he e�amina�ion beca��e I am a membe� of  �he In��i���e of Cha��e�ed Acco�n�an�� in England and Wale�, �hich i� one of �he li��ed bodie�. 

I ha�e comple�ed m� e�amina�ion. I confi�m �ha� no ma��e�� ha�e come �o m� a��en�ion in connec�ion �i�h �he e�amina�ion gi�ing me ca��e �o belie�e �ha� in an� ma�e�ial �e�pec�: 

1 acco�n�ing �eco�d� �e�e no� kep� in �e�pec� of �he PCC of S� J�de a� �eq�i�ed b� �ec�ion 130 of �he 2011 Ac�;  o� 

2 �he financial ��a�emen�� do no� acco�d �i�h �ho�e �eco�d�; o� 

- 3 �he financial ��a�emen�� do no� compl� �i�h �he applicable �eq�i�emen�� conce�ning �he fo�m and con�en� of  acco�n�� �e� o�� in �he Cha�i�ie� (Acco�n�� and Repo���) Reg�la�ion� 2008 o�he� �han an� �eq�i�emen� �ha� �he  acco�n�� gi�e a ���e and fai� �ie� �hich i� no� a ma��e� con�ide�ed a� pa�� of an independen� e�amina�ion. 

- I ha�e no conce�n� and ha�e come ac�o�� no o�he� ma��e�� in connec�ion �i�h �he e�amina�ion �o �hich a��en�ion �ho�ld be d�a�n in �hi� �epo�� in o�de� �o enable a p�ope� �nde���anding of �he financial ��a�emen�� �o be �eached. 

## **Timoth� Millett FCA** 

## **Carpenter Bo� Jones A�ens** 

53 Ken� Road So��h�ea Po���mo��h Hamp�hi�e PO5 3HU 

Da�ed: 28 Ap�il 2024 

- 12 - 



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PAROCHIAL CHURCH COUNCIL OF ST JUDE, SOUTHSEA
BALANCE SHEET
AS AT 31 DECEMBER 2023
2023
2022
Notes
Flx•d assèts
Tangible assets
Investments
13
14
752.332
47,824
755.615
68,595
800,156
824,210
Curren¢ a8Jets
Stocks
Debtors
Cash at bank and in hand
15
16
416
13.089
249,390
253
9,352
216,227
262.895
225.832
Credltor8'. amounts falllng due ￿thIn
on? year
Taxation and social secunty
Other ¢r&drtors
Deferred income
4.219
21,534
3.882
3,510
16,785
2.031
17
18
29.635
22.328
Nel ￿rrent a$sel$
233,260
203,5Cfj
Totsl 088*18 l*$$ ¢urr¢ni11obllbll¥s
1,033,416
1,027,716
Capltal fund•
Endowment funds
Incom• fund$
Restricted funds
Unrèstricted funds- designated
Unrestricted funds- general
19
32,528
30,022
362.628
594.863
43.397
374,679
611,698
11,317
1.033.416
1,027,716
The account5 were approved by the PCC Members on 28 April 2024
Chalr
15-

PAROCHIAL CHURCH COUNCIL OF ST JUDE, SOUTHSEA
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 DECEAIBER 2023
2023
2022
Note$
Cash flows from opèratlng aetlvltl•s
Cash absorbed by operatsons
{7.2751
16.9251
Invèstlng actlvlti•s
Proceeds from disposal of investmenls
Investment Income received
23.444
16.994
18.433
16,302
Net eash general￿ Irom In¥•stlng
actlvltle8
40,438
34,735
Net cash u•ed In financlng actlvltleo
Net Increa•e In ca•h and ca•h ?qulvalents
33.163
27,810
Cash and cash equivalents al beginning of year
216.227
188,417
Co$h and ¢a$h oqulval•nts •t •nd of y•ar
249,390
21fj,227
16-

PAROCHIAL CHURCH COUNCIL OF ST JUDE, SOUTHSEA
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEAIBER 2023
Aecountlng pollel•s
Charfty Snforniatlon
Parochial Church Council of St Jude. Southsea is a iegistered tharity in England and Wales. The Trustees
are the members ol the PCC named in the Annual Report. The church of St Jude's address is Kent Road,
Southsea. Hampshire, POS 3EL.
1.1 Accounting convention
These accounts have been prepared in accordance wth the Church Accounting Regulations 2006 and FRS
102 'The Finanaal Reporting Slandard applicable in the UK and Republ￿ of Ireland" I'FRS 1021,
'Accounling and Reporting by Charities" the Slalemenl of Recommended Practice for charities applying FRS
102 leffective 1 January 20191. the Charibes Act 2011 and UK Generalty Accepled Accounb'ng Practice. The
PCC of St Jude is a Public Benefit Enlty as defined by FRS 102.
The financial slalemgnl$ are prepared in slerfing, whi¢h 1$ Ihe fvnctional ¢urren¢y of Ihe PCC of Sl Jude.
Monetary amounts in these financial statements are rounded to the nearest £.
The accounts have been prepared under the historical cost convention, modified to indude the revaluation of
certain assets and ffinancial instruments at fair value. The principal a(xounling policAes adopted are set out
below.
1.2 Golng concern
At the lime ol approving the financial statements. the PCC members have a reasonable expectation that the
PCC of St Jude has adequale resources to continue in operational existence lor the foreseeable future. Thus
the PCC rnembers contsnue to adopt the going concem basi5 01 accounts'ng in preparing the financial
slal&menls.
1.3 Charttable fundi
Unrestricted funds are available for use al the discretH)n ol the PCC members in furtherance of their
charitable objectives unless the funds have been designated for other purposes.
Designated funds comprise lunds which have been sèt asidè at the discrètion of thè PCC mèmbers for
specific purposes. The purposes and uses of the deS￿nated funds are set out in the notes to the accounts.
Rèstricted lunds arè subject to specthc conditions by donors or grantors as to how th8y may b8 u$¥d. Th&
purposes and uses of the restricted lunds are set out in the notes to the financial statements.
Endowment lunds 8re subject lo spe¢ifi¢ ¢tsndilions by donors th81 the ¢8pi181 musl be m8in18ined by the PCC
of St Jude.
IA Incomlng re8ource8
Income is recognised when the PCC ol Sl Jude is legalty entiued to rt after any performance conditions have
been met, the amounts can be measured reliabty, and rt is probable that income will be received.
Collections, planned giving and cash dOna￿"OnS are recognised on receipt. Other donations are recognised
once the PCC of St Jude has been notified of Ihe donation, unless perfomance conditions require deferral of
the amount. Incorne tax recoverable in relation to donations received under Gift Aid or deeds of covenant is
recognised al the time of the donation.
Legacies are recognised on receipt or othe￿iSe if the PCC of St Jude has been notified of an impending
distribution, the amount is known. and receipt is expected. If ihe amount is not known. the legacy is treated as
a contingent asset.
I funds raised by parish actwibes such as the bookstall are accounled for gross. Rental income from non-
investment propety and rooffl letb'ngs is recognised when the rental is due. Parochial fees are accounted for
when due.
17-

PAROCHIAL CHURCH COUNCIL OF ST JUDE, SOUTHSEA
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEAIBER 2023
Accounting policies
(Continuedl
1.5 Resources expended
Costs are charged directty to the most appropriate adivity or calegory of expendilure and apportioned where
nec855ary.
Grants and outsyard gwing 8re acojvnted for in the SOFAwhen paid. unless an obligation. whether
constructive or legal, exists to the recipient in accordance ￿th the Charities SORP and FRS102.
P8rish share and other costs directly relab.ng to Ihe work and a¢b"vib"¢$ of th¥ Church ar¢ 8¢¢ounted for when
they are inCU￿d or become due and payabl&.
1.6 Tanglblè nxèd assèts
Consecrated and beneficed propety is excluded from the accounts by S1012lla & cl ol the Charities Act
2011. Moveable church furnishings held by the Churchwardens on special trust for the PCC and which require
a la¢ulty for disposal are ¢apitalised ai ￿$1 antl written oll over iheir uselul e￿nOmiC life other than where
insufficient ¢osl infomation 1$ available. In this ¢8se the it&m 1$ not capitalistrd. but is indude4 in the Church's
inventory. All expenditure incurred dunng the year on consecrated or benefice buildings, whether for
maintenance or improvement, is written off as expendrture and Separate￿ disclosed.
Other Tangible fixed assets are initialty measured al cost and subsequentty measured at cost or valuation, net
of depreciation and any impairment losses.
DeprecAabon is recognised so as to write off the cost or valuabon of assets less Iheir residual values over their
useful INes on the followng bases..
Freehold land and buildings
Fixture$ and fittin9S
25% stra￿h1 lin¥ or r¢duung balance
Freehold land is nol depreciated.
Th¥ PCC has d¥¢idoa not lo provido dopwiaiion on freehold prop&ty h¥la as fix¥d a$sls 0$ il rogards tho
buSldings as having a high residual value.
The gain or Ioss 8rising on the ¢Jispos31 of an asset is determined as Ihe drfference betmeen the sale
procèeds 8n¢J the carrying value of the asset, and is recognised in the statemènt of financi81 actNities.
Individual items of equipment vthh a purchase value of Under £3.IXJO are written off when acquired.
1.7 Impalrnient of Ilxed asseis
At each reporting end date, the PCC of St Jude reviews the carrying amounts of rts tangible assets to
detemiine whether there is any indication that those assets have suffered an impaiment loss. If any such
indication exists, the re￿Verable amounl of the asset is estimated in order to detemiine the extent ol the
impairment loss lif any). No sui* ind¢cal￿S were noted.
1.8 Stocks
Stocks are Staled at the lower of cost and net realisable value.
1.9 Cash and eash oquival•nts
Cash and cash equivalents include cash in hand. deposits held at call wilh banks and other short-temi liquid
investrnenls original maturrties of three months or less.
18-

PAROCHIAL CHURCH COUNCIL OF ST JUDE, SOUTHSEA
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEAIBER 2023
Accounting policies
(Continuedl
1.10 Flnanelal Instrnm•nts
The PCC of St Jude has elected to apply the provisions of Section 11 'Basic Financial Instruments, and
Section 12 '0ther Financial Instruments 15sues' ol FRS 102 lo all ol its financial instruments.
Flnancial instruments afe recognised in the PCC of St Jude's balance sheet when the PCC of St Jude
becomes party to the contractual provisions ol the instrument.
Basic financial assots
8asic financial assets, whth indudè dèbt￿$ and cash and bank balancè$, arè mèasurèd at transactlon prlce
including transaction costs.
Basic financial liabilities
Basic financial liabililitrs, in¢ludin9 (yeditor$ are I￿00n1$ea at tr•n$•cbon pri￿.
D•r•eognltlon of flnanclal Ilabilltl•$
Financial liabilities are derecognised vthen the PCC of St Jude's o)ntractual obligations expire or are
disch8rged or ￿n¢&lIe￿.
1.11 Employ8• bèn•flts
The cost of any unused holiday entitlement is recognised in the period in vthich the employee's services are
received.
TerminatSon benèfits are reeognlsed immèdlatety as an èxpènse when the PCC of St Judo 1$ d8monstrably
committed to terniinate the employment of an employee or to provide temiinalion benefits.
1.12 Retlrement benellts
Payments to defined contribution rètiremènt benèfit xhème$ are char9èd a$ an eX￿n$8 9$ they fall due.
Contributions are paid to NEST the workplace pension set up by ihe govemment.
crttlcal accoundng estlmates and ludgement8
In the application ol the PCC of Sl Jude's ac¢ounbng polirAes. Ihe PCC members are required to make
judgements. estimales and assumplions about the carrying amount of 855ets and liabililies that are nol re8di
aPP8renl trom other sources. The estifflates and associated assumptions 8fe based on historic81 experience
and other lactors that ar6 considered to be relevant. Adual resums may drffer from Ih&se estimates.
The estimates and undertying assvmptions are reviewed on an ongoing basis. Revisions to accounting
estimates are recognised in the period in which the estimate is revised where the revision affects only that
period. or in the period ol the revision and ftjture periods where the revision affects both current and future
periods.
19-

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PAROCHIAL CHURCH COUNCIL OF ST JUDE, SOUTHSEA
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEAIBER 2023
Exp•ndltur• on charltsbl• aetlvltl•s
Church
2023
Nursery
2023
Total
2023
Church
2022
Nursery
2022
Total
2022
Dlrect costs
Stsff costs
Depreciation and
impairment
Church overseas
Home mission, appeals
8nd other grants
Parish quota and clergy
costs
Church building
92 Marmion Road
Mission and support
Events
Church management and
administration
Nursery premis8s cost$
Education81 equipment
and support
Other nursery cosis
143.246
386.303
529.549
136.637
326.012
462.649
2.016
20,639
1.268
3.284
20.639
2.168
20.751
1.558
3.726
20,751
10,962
10,962
8.138
8,138
97.682
87,232
1.532
42.361
7,055
97.682
87,232
1.532
42,361
7.055
121.681
52.004
3.002
30.333
121.681
52,004
3.002
30,333
9,073
9.073
43.033
10.013
10.013
45,908
43.033
45,908
19,882
25.425
19,882
25.425
22,219
22.698
22,219
22.698
421.798
475.911
897.709
3￿.791
418.395
809.186
sharn of ¥upport and governance costs (see note 71
Govèrnance
5,323
3,729
9.052
5,618
4,969
10,585
427,121
479,640
.761
3￿,407
423,364
819,771
Analy818 by fvnd
unres1ri￿ed lund$
general
Unrestricted funds-
designaled
Restricted funds
334,6C6
334,6Cfj
341,990
341,990
24.406
68,109
479.640
504.046
68,109
27.741
26.676
423.364
451.105
26,676
427,121
479.640
9￿.761
396.407
423.364
819,771
-23-

PAROCHIAL CHURCH COUNCIL OF ST JUDE, SOUTHSEA
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEAIBER 2023
Support eosts
Support Gtsvemance
costs
costs
2023Support cA)sts Gov8man¢e
costs
2022
Accountan￿ and
Independent Examination
fees
9,052
9,052
10,585
10,585
9,052
9,052
10,585
10,585
Analysèd bètweèn
Charitable 8ctivits.es
9.052
9.052
10.585
10.585
Governance costs includes payments to the independent examiners for their independent examination of
£2,115 plus Vat.
Net rnovem•nt In fund
2023
2022
Net movement in funds 18 $tsled after ¢h8rgin9ll¢redilingl
Depredatlon of owned tangible fixed ass8ts
3,284
3,726
PCC M¢mb•rn
None of the PCC members lor any persons connected with them) received any remuneration or expenses, as
a PCC member. from the PCC of Sl Jude during Ihe year.
Clergy stipends were paid by Ihe Chur¢h Commissioners within Church of Eng18nd slipendiary guidelines.
10 Employ¢•$
The average monthty number of employees during the yearwas=
2023
Number
2022
Number
Church
Nursery
27
25
Total
35
33
-24-

PAROCHIAL CHURCH COUNCIL OF ST JUDE, SOUTHSEA
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEAIBER 2023
10 Employees
(Continuedl
Employmènt Costs
2023
2022
W8ges 8nd $818ries
Soaal security costs (less SMP ￿bate)
Olhei pension costs
505.371
16,122
8,056
444,162
10,270
8,217
529,549
462,649
There were no &mploy&es whose annual remuneralK)n was MO￿ than £60.IXIO.
Ramunèratlon ol kay manag•m•nt pèrnonn•l
The remunerakn'on ol key management pef8onnel is as follows.
2023
2022
Aggregate compensation
53.260
47.436
-25-

7J • ¢

PAROCHIAL CHURCH COUNCIL OF ST JUDE, SOUTHSEA
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEAIBER 2023
12 Taxatlon
The chanty is exempt from taxation on its activities because all its incnme is appl￿d for charitable purposes.
13 Tangible fixed assets
Fmhtsld land Flxtur•ts and
ahd bulldlngs
ffttlngs
Total
Cost
At 1 January 2023
746.509
127,619
874,128
At 31 December 2023
746.509
127,619
874,128
Depreclatlon and Impalnn•nt
At 1 January 2023
Depreciabon charged in the year
118.512
3,284
118.512
3,284
At 31 December 2023
121.796
121,796
Carrylng amount
Al 31 D0￿mber 2023
746.509
5,823
752,332
At 31 December 2022
746.509
9.106
755,615
Freèhold land and buildin98 ¢ompri$e$ th8 Curate'$ houw ¥t 92 Mamilon Road gnd the Nursèry and land at
Sllver Street.
92 Marrnion Road is jointty owned wrfh the Portsrnouth Diocesan Board of Finance under the Incumbents and
Churchwardens, (Tru51sl Measure 1964. The Diocese has power of cvstodian Irustee. Should the house be
Sold. the income is lo be invested and used towards Ihe provision of a house for a curate or in fumishing it.
The house is included 81 es¢8le agent$ valuatlgn of £310.000.
The Nursery land and buildings in Sifver Street, Soulhsea are joint￿ owned wilh the Portsmouth Diocesan
Board of Finan￿ under Ihe Incumbents and Churchwardens. (Trusts) Measure 1964. The Diocese has power
of custodian trustee. The property is valued at cosl of £436.$09.
-27-

PAROCHIAL CHURCH COUNCIL OF ST JUDE, SOUTHSEA
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEAIBER 2023
14 Flx•d ass•t Inv•stm•nts
Unllstèd
Invèstments -
The CBF
Church of
England Funds
¢￿t or valuation
At 1 January 2023
V8Iu81ion changes
Disposals
68,595
1,506
122,2771
At 31 December 2023
47.824
C•rrylng #mount
At 31 December 2023
47,824
At 31 December 2022
68.595
15 Stocks
2023
2022
Raw m8l*dals and ¢onsumabl&$
416
253
18 Debtorn
2023
2022
Amounts f•lllng du¢ wbthln on¢ Y￿r=
Other debtors
Prepayments and accrued income
4,941
8.148
5,761
3.591
13.089
9,352
17 Other credltors falllng due vrithin one year
2023
2022
Other credrtors
Accruals and deferred income
588
20.946
675
16.110
21.534
16.785
-28-

PAROCHIAL CHURCH COUNCIL OF ST JUDE, SOUTHSEA
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEAIBER 2023
18 D•l•rr•d Ineom•
2023
2022
Nursery funding and fees received in advance
3,882
2,031
19 Endovnnent fund8
Endowment funds ￿present assets whith must be held pemianenuy ty the PCC of Sl Jude. Income arising
on the endowrnenl fund is induded 85 restricted income. Any capital gains or10sse5 arising on the as5el3
form part of th¥ fvnd.
At 1 January
2023
Incomlng
rn8ource8
Translèrn
Galns and
1088e8
At31
December
2023
Pernianent 6ndowTh6nts
Hornby Endovmienl Fund
30,022
838
18381
2,506
32,528
Prevlou¥ year:
At 1 January
2022
Incomlng
f*$our¢t¥
Tran•ler•
Galns and
lts$$•$
A131
Do¢¥mb¢r
2022
Pornianent endowrnents
Hornby Endowment Fund
34,207
885
18851
14,1851
30,022
The Hornby bequest lund is held by the Doocese on behall of St Jude's. The Interest Is held in the Homby
Restricted Fund.
-29-

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Zii Qtt o)(r2a >>LL ELL

PAROCHIAL CHURCH COUNCIL OF ST JUDE, SOUTHSEA
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEAIBER 2023
22 Analysls of nèt assèts b•tw••n funds
Unr•strletsd Unréstrletèd
fund6
funds
genernl deslgnated
2023
2023
R•strlet•d Endovmiènt
fund8
fund8
Total
2023
2023
2023
Fund balane&s •t 31 Decombgr 2023 Jrtr
r•pres8nted by..
Tangible assets
Investments
Current 83sets1lli8bilities
442.332
5.099
147.432
310.000
10,197
42.431
752.332
47,824
233.260
32.528
43.397
43.397
594.863
362.628
32.528
1.033,416
Unrnstrletsd Unrnstrlet•d
lund¥
fund¥
genernl de8lgnatsd
2022
2022
Restrleted Endowm•nt
fund*
fund*
Total
2022
2022
2022
Fund balaneès at 31 O•c•mbèr 2022 ar•
r•pr•sent•d by..
Tangible 85sets
Investments
Current 888elsllli8biliti¢sl
445.615
5.432
160.651
310.IJOO
10,863
53.816
755.615
68,595
203,506
22,278
110,9611
30,022
11,317
611.698
374,679
30,022
1,027,716
23 Related party tran8actlon8
There were no disdosable related party Iransaclions during the year12022- none).

PAROCHIAL CHURCH COUNCIL OF ST JUDE, SOUTHSEA
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEAIBER 2023
24 Cash g•nèrat•d from op•ratlons
2023
2022
Surpluslldeficitl for the year
5,700
110,3901
Adjustments for..
Investment income recogni5ed in statemènt of finanual activibes
IGainllloss on disposal ol investments
Falr value gains and losses on investments
Deprecjatson and impairment of langible fixed assets
116,9941
11.1681
11,5061
3.284
116,3021
865
8,599
3.726
Movemen15 in working c8pitsl..
Ilncreaselldecrease in stcKks
Iln¢reasel in debtors
Increase in creditors
In¢rea$& in 4eferro¢J incom•
11631
13.7371
5.458
1.651
18
13,6431
8.641
1,561
Cash absorb￿ by op•ratlons
17,2751
18,9251
20 Analy•l• ol changé8 In nèt fvnd8
The PCC of Sl Jude hatl no mèlerial debt during the year.