IISl L91
Charlty registration number 1131706
PAROCHIAL CHURCH COUNCIL OF ST JUDE. SOUTHSEA
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

PAROCHIAL CHURCH COUNCIL OF ST JUDE, SOUTHSEA
CONTENTS
Page
PCC Members report
Statement of PCC members r8sponsibilits'8S
12
Independent examinerfs report
13
Statement of financial activities
14-15
Balance sheet
Statémént of cash flows
17
Notes to the financial statements
18-36

PAROCHIAL CHURCH COUNCIL OF STJUDE, SOUTHSEA
PCC MEMBERS REPORT
FOR THE YEAR ENDED 31 DECEMBER 2024
Annual Report for the Activities of St Jude's, Southsea
INTRODUCTION
The membèrs of St Jude's Parochial Church Council IPCC) submrt their Annual Report and the financial statements
for the year ended 318t D8cember 2024. The accounts have been prepared in accordance wrth the accounting
poIici8s s8t out in not8 1 to the accounts and comply with the governing regulations, th6 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 Stsndard applicable in the UK and Republic of Ireland" IFRS
1021 las amended for accounting periods commencing from 1 January 20161.
LOCATION
St Jude's Church address is Kent Road, Southsea, Hants P05 3EL. Its bank accounts are held wf(h Lloyds Bank
plc, and Carpenter Box, Chartered Accountants, independently examines rts accounts.
BACKGROUND
st Jude's PCC has the responsibllity of cooperating with the Vicar in promoting, in the ecclesiastical parish, the
mission of the Church.. pastoral, evangelistic, social and ecumenical.
It is a corporate body established by the Church of England. The PCC operates under the P8rochial Church Council
Powers Measure.
st Jude's parish falls within the Diocese of Portsmouth. The parish makes an annual contribution I'th6 parish
share"), which is used to pay clergy stipends, to fund diocesan ministries that support thè parish and for diocesan
and general synod costs. The diocese appoints the parish clergy.
St Jude's PCC is a charity - registration number 1131705. The other charity related to it is the St Jude's Vicar and
Wardens, Trust la discretionary charitable Irustl, but this was closed in 2021.
PUBLIC BENEFIT
The PCC has Complied with the duty In the Charities Act 2011 to have regard to the public benefit guidance
published by the Charity Commlsslon.
MEMBERSHIP OF THE CHURCH
The Electoral Roll for 2024 stood at 151 members as at December 2024.
OPERATION OF THE PAROCHIAL CHURCH COUNCIL
The PCC met 7 times during the year, some of work being done by committees in inteNening months. The PCC
Commrttees are..
Slandlng & Finance Commlttee: This commttee exists by law with power to transact the business of the
PCC be￿een meetings. It also considers financial needs (including preparation of the annual PCC budgeti,
plans PCC meeting agendas, and makes recommendations for PCC consideration as it sees fit. Its
membership comprises the Vicar and the Associate Vicar, the Church Wardens, the Treasurer, the Buildings
Manager, and one nominated member of PCC.
Ml8slon Support Group: This group seeks to support and promote Christian mission outside the parish,
nationally and overseas, through 8ducation, encouragement of vocation, prayer and financial giving. The main
mission agency links it has fostered during this y6ar are the Bible Society, the Church Pastoral Aid Society,
Tearfund, InterseNe, Overseas Missionary Fellowship, Church Mission Society, Spirit in Sport, Hope into Action
and Miif(ary Ministries Intemational.
Nursery Management Commlttee: This committee oversees and guides the work of the Nursery at Sllver
Street in co-operation with the Nursery Manager and staff. This includes management of the budget
appointment of staff, receiving the Manager's reports and consideration ofthe Nursery's needs.

PAROCHIAL CHURCH COUNCIL OF ST JUDE, SOUTHSEA
PCC MEMBERS REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
REVIEW OF THE YEAR 2024
Wislon
st Jude's Vlslon 18:
Maklng Jesus the heart of South8ea
We will do this through..
Growlng Faith
Cr8atsng opportunit'es to encounter Jesus, be guided by His Word and empowered by His Spirit.
Offerlng Hope
Becoming a beacon of hope where everyone can respond to the good news about Christ, and experience
rèstoration and freedom in Him.
Sharlng God's Love
Rebuilding and transforming lives, community and ¢utture by sharing the radical love of God.
As a church our values are simply Word and Splrlt..
Word
Wé are groundèd in God's living Word as the foundation of our faith. W8 long to grow in our depth and
understsnding of His Word allowing it to transform our journey with Jesus.
Splrlt
We are open to and eagerly desire th8 work of the Holy Spirit In our lives. We long to be known for Jesus,
transforming presence at work in us.
Flnan¢e8
The combined income ofthe Church and Nursery grew by 2% in 2024 to £928k. Wrth expenditure remaining steady
at £905k, we generated 8 surplus of£23k. The main sour¢e ofthe increase in income was tha Solar Panels appeal
which raised £45k in the fourth quarter of the year.
Income and expendrture remained largely aligned over the course of the year, allowing us to make regular
payments of our Parish Share and to pay the amount due in full over the course of the year. 80th Church and
Nursery closed the year with a healthy Cash position.
staff
st Jude's has been blessed wkth a large staff team which comprises both those who are paid and those who are
self-supporting. In a busy, larger church it's common for peop58 to be call6d to new roles, and 2024 was no different.
During the year, Ruth Mccabe and Suzie Platt stood down as pastoral team18aders {a￿hough they remained part of
the team) and Jess Tam5 Stood down as Anna Chaplain. Debs Smart has been on the tsam since 2021 in a variety
of roles, including supporting the CYF ministry - but also stepped down towards the end of 2024. We said goodbye
to Camila who had servèd as an intern for a second year, and welcomed Abi to the DY (Discipleship Yearl
programme. Hannah, who was a DY student in 2023124, stsyed wrth us into the Future Youth scheme. In addition,
we welcomed Charlotte, Thamas and Hannah to the admin team, covering the role of Administrator, whilst Sonam
was on maternity leave. Jack Cross's role with St Simon's church came to an end, and he took on the role of DY
Co-ordinator, alongside continuing to serve the youth at st. Jude's, and across the city. This year the DY scheme
joined wf(h Harbour church, and has 6 intems across 4 churches - further churches are looking to join the scheme,
which goes from strength to strength.
During the year, our vicarAdam took some time away from ministry to help with a heatth condition. During the time,
the chureh continued to thrive and he returned refreshed and renewed for the season ahead.
In February the staff tèam attended the New Wine Leadership Conference which was a time of refreshment and
renewal for all. The teaching was excellent, as was the opportunity to meet others from across the nation in similar
contexts and settings to St Jude's to share resources and ideas.

PAROCHIAL CHURCH COUNCIL OF ST JUDE, SOUTHSEA
PCC MEMBERS REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
REVIEW OF THE YEAR 2024 (CONTINUED)
Wor8hlp
Our pattem of worship on a Sunday and during thè week has remained unchanged in 2024, although as in previous
years, we've continued to see new people join us at all 4 of the regular church services. Our Midweek seNice
covers the lectionary readings set by the Church of England. In the morning seNiCèS on a Sunday 19am, and
10'.451, we began the year by following the Bible Society's new course on the book of Romans. In the summer we
spent time walking through the Sermon on the Mount and in the autumn, wespent time reflecting on our values of
Word and Spirit. At the 6V6ning seNice, we started the year in the letters to the 7 churches in Revelation, In the
summer had a s8ri8s of talks asking the Lord what He was saying to the church, and in the autumn looked at some
of the qu8Stions Jesus asked.
Our sung worship life continues to be supported by a large number of hardworking volunteers. We are so blessed
by their desire to sèe us, as 8 comrnunity, continue to grow and develop the worshlpping life of the church.
Dwell has continued throughotst 2024 as a f8ntastie partnership between churches, gath8ring tog8th8r to worship.
These continue to be hosted at St Jude's, but led and attended by Christlans from across the city.
Prayer
Prayer remains at the heart of what we do as a community as w8 try to becom8 mor8 intentional about creating
space every time we meet to encountèr God and come befor8 Him in prayer. Our termly prayer gatherings continue
to attract around 50 people, as we stop togetherto bring th8 tèrm and the church before God.
Our Hope Cafe team are seeing more people coming in from the street, seeking prayer mlnistry for a fange of
issues, and we've seen some signif￿ant and transformative healings and answers to prayer as part ofthese times.
D18clple8hlp
Discipleship of J8sus is core to our vision as we seek to grow in our faith. A significant resource for this w8S the
Romans course, which not only saw a number of people engage wrth the book on a Sunday in a new and fresh way,
but also saw the srnall groups better resourced and excited to study this book together.
Our men's ministry team have ¢onts'nued thèir regular g8thenngs wrth dlfferent focuses wrthin our discipleship
strategy each time they meet.
In July, a group of 30 members of St Jude's attended the New Wine Festwal in Shepton Mallet. A highlight was the
teaching offered by Bishop Ruth from Chichester diocese.

PAROCHIAL CHURCH COUNCIL OF ST JUDE, SOUTHSEA
PCC MEMBERS REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
REVIEW OF THE YEAR 2024 (CONTINUED)
Ministry
Children and Famllies
The three main elements of our work with children and families are Sunday childr6n's groups, Lrttle Tiddlers parent
& toddler group and events for families through thè yéar.
We have 94 children r8gistér6d for our Sunday children's ministry with an average weekly attendance of around 40
across the 4 groups they meet in. All our children's groups focus on storiés from thé Old Testamènt18ading into the
Christmas story in the eutumn term, stories about the life of Jesus in th8 spring t8rm, and r6fl8ct on a range of
topics including the character of God, how we live as Christians and what it m8ans to b8 a church in the summer
term. We are fortunate to have an amazing team of volunteèrs committ6d to supporting our children's ministry on
Sundays, who work hard and face a range of challenges, but who a￿ayS show loving care and attention to the
children they work with and share their enthusiasm and love for Jesus through what they do.
Ov8r the past year, wè have welcomed an average of around 50 families a week to Little Tiddlets. This is a stsy &
play group for parents and carers with children under 5. We share a Bible story every week and encourage children
and parents to think about the meaning those stories may have for them. We use craft activities and sensory play to
reinforce key messages from the stories. Many of the families who come to the group have also attended other
events at church throughout the year and some havé b6come regular members of our 10.'45 congregation.
Across the year we have met with children and families through a range of one-off events and activf(ies, Sn¢ludlng
our Summer of Fun sessions, our annual Crèam Tea in September and our Light Night in November. We use these
events to show our church Is a welcoming place for children and families and lo share the love of God with them,
and we also slgnpost people to other ways in which they can become more involved in the life of our Church. We
held our second Flowers & Flzz night in the autumn term, with the aim of giving mums the opportunf(y to be
r8fresh8d through rest and relaxation with friends and through hearing stories from mum$ in our church family of
how God has worked in their lives.
In the summer term of 2024, we ran our first Wonderfully Made parenting course for parents of ¢hildren under 18
months. This course gives space for new parents to share the joys and challenges of parenting and to consider
some of the big quèstions parenthood raises for them about faith and the values they want to share with their
Children. We had a core group of 8 parents who attended the course, all from either our 10'.45 congregation or Little
Tiddlers. The group spoke of their appr8ciats.on for the opportunrty to think and talk about faith and several have
expressed an interest in Alpha.

PAROCHIAL CHURCH COUNCIL OF ST JUDE, SOUTHSEA
PCC MEMBERS REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
REVIEW OF THE YEAR 2024 ICONTINUED)
Youth
Equip.. The primary aim of Equip is to provide young people with the tools they need to nurture their relationship with
God and take ownership of th8ir discipleship journey. We are still seeing frurt from change in age range in 2023. It
has been incredibly succéssful.. it OP6ning up more meaningful end engaged conversations, leading to visible
growth in areas such as prayer, and allowed young people to put into practice the biblical knowledge they already
possess.
Be Group.. Be Group is a dynamic group wh8r8 we delve deeper into the tougher questions surrounding God and
falth. Meeting on Sunday evenings, Be Group has maintained regular attendance of around 10 young people, with
numbers reaching as high as 19. This year, B8 Group's focus has been on helping parlicipants read the Bible ft)r
themselves, draw personal biblical insights, and apply thes8 truths to their everyday lives. We've also noticed
rising need to address mental health concerns among the youth, particularly anxiety and depression. In response,
we are planning to bring in experts to guide us and adapt our sessions to address these issues more effectively. We
are also transitioning towards empowering the youth in Be Group to lead some ofthe sessions themselves.
High Tide.. High Tide is a monthly event hostéd across various churches in the Portsmouth area, extending as far as
Emsworth and Porchester. The event includes food, games, worship, and talks. High Tide has experienced
significant growth this year, with attendance nearly doubling from 40-50 in late 2022 to a regul8r turnout of around
80 young p8opl8. Despit8 the challenges that come with increased numbers, we've been able to maintain consistent
attendance. High Tide is especially valuable for young people from churches with smaller youth groups, as
provides an opportunlty to conn8ct with a large communf(y of their peers and worship together. tt also helps young
people step outside th8 confines of their own church, meeting Others from diverse backgrounds and varylng stagès
of falth. The event fosters a sense of unity, with a shared focus on God's plan for His Kingdom In the city, rather than
just individual church communities. Additionally, a 4-day Hlgh Tide resldentlal took pl8¢& in 2024, wrth 57 young
P80pI8 attending, 17 of whom were from St Jude's. This was an excitlng opportunity for some youth who don't
règularly attend youth groups, to connect and become more inVo￿ed in our various programmes.
Eden.. Eden 1$ our Portsmouth-wide initiative we launched in partnership wrth Kings Church. This project runs ￿1¢8
month and aims to provide a safe space where young people can experience God's peace-whether that's
through playing pool, enioying a game of Mario Kart, or unwinding over pizza after a challenging week. Although
Eden is still in its first phase of development (Just st Judes + Kings), we are already seeing a steady turnout of
around 25 young people. Our goal is to bulld a solid foundation for Eden and ev8ntually promote ￿ wlthln local
schools. W8 also hop8 to involve more churches in this initiative moving forward.
Verve.. We introduced VeNe as we saw that running separate youth socials was becoming a drain on the team's
time and was limiting due to numbers. We combined SOS and our older youth social to create Verve. This allowed
our team to serve only once a month, rather than ￿le8, and gives us thè ability to do more wrthin the social. The
primary focus is to create a safe and easy place for the youth to experience church. It's aimed to be lots of fun but
also something our youth can feel Comfortable inviting non-christian friénds to. Once we establish relationship with
new youth, we aim to invite them to Eden or Be Group with each group taking them into a new level of discipleship.
Wè are getting betr488n 15-25 joining us each time.

PAROCHIAL CHURCH COUNCIL OF ST JUDE, SOUTHSEA
PCC MEMBERS REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
REVIEW OF THE YEAR 2024 (CONTINUED)
St Jude'6 Church Nur8ery:
The year started well with an Ofstéd inspection on 18th January which returned our Nursery's raling to Good. The
inspector started her report by saying, 'Childrén are happy and settle well in this nursery.. She commented that the
support in placè for ¢hildren with Special Educational Needs or Disabilities was excellent. There was also praise for
the manager and staff tèam who were 'devoted' to reaching out to fgmilies. She noted that the processes in place
for stsff supervision had be6n strengthened. This inspection provided a much better picture of the nursery and we
were very pleased wtth the procéss and the outcome.
During the year we provided places for around 90 children and welcomed back our deputy Ms Whittl6, who had
been away on maternrty leave. We appointed a new Special Educational Needs Coordinator from wrthin th6 staff. It
was again a year in which rt provéd difficult to attract new trained staff. The governmenfs increase in th8 living
wage, which the PCC requires the Nursery to rnatch, has put extra pressure on the finances ofthe Nursery.
The building was improved with a new kitchen install8d in July. This has been much appreciated by all the stsff.
New heatsrs were installed to give faster and more targeted heating across the rooms.
The business manager has worked hard to transfer the finances onto the Sage accounting system. This is the same
system as is now used by the church finances and will help with reports and the end of year accounting.
The Nursery Managément Committ88 met six limes throughout the year. Church visits to deliver stori8s and songs
happèned weekly except in the summer holidays. The Nursery came to Church for their end of year and Nativty
services, which were well attended by parents.

PAROCHIAL CHURCH COUNCIL OF ST JUDE, SOUTHSEA
PCC MEMBERS REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
REVIEW OF THE YEAR 2024 {CONTINUED)
Pastoral Care
This year saw the departuré of Jéss Tams as Anna Chaplain as shè moved into hér new job. We are gratefijl for all
that Jess achiev8d in her tim8 leading th8 pastoral care across the church. It was decided that we would continue to
provide car8 using our own network of pastoral visitors and havé for the moment stepped back from the Anna
Chaplaincy model. In doing thls we are making more use of our ChurchSuf(e database to record and coordinate our
pastoral visiting and support. We now have a Pastoral Core Team who meet monthly to r6vi8W the notes from visits
alongside a wider Pastoral Visrting Team who meet once a tem. Visrts ar& made regularly to those who are
housebound and Holy Communion is taken to homes and care homes.
The ministry to the elderly in our community is focussed around our Monday Féllowship, meeting *￿ice a month,
and the rnonthly Lunch Club, which are run by Suzie Platt and Ruth Mccabe. W& are gratèful to our cooks and all
who support these times when people come to share fellowship and sp6nd tim8 with one another.
Communlty and Wltne$$
In January 2024 we held our regular Alpha cour8e. This was well attended, with our Holy Spirit day spent at st
Thomas, Church in Bedhampton. In the last five years we have helped 67 people through this exce118nt course. We
continued even in those difficult Covid years when courses were held online. In running th8s8 courses we rély on
the Life Groups for cooking our shared meal. It has been such a blessing to see lives transformed by encounters
with Jesus and his Holy Spirit.
The Eco Church Team has been focussed on fundraising for the church solar pan81 appeal. The teem planned the
rollout of the fundralsing and the details of the information leaflet. In September the team organised a Gardening for
Wildlrfe talk by the Hampshire and Isle of Wight Wildlife Trust whlch was open to the local communrty During the
year they introduced food waste bins to our krtchens and there were regular eco tips included in our weekly
newsletter. There were several Wildlife Walks organised, with 17 people joining the walk in May at Farlington
marshes when a group of harbour seals were spottèd.
Frlday Frldge continued to provide hot meals and drinks and a warm Space every Friday through the year. This
year rt celebrated the 18th birthday of Fridge with a return of Mark Rodel who was there when it first began. We
were also joined by Crty Councillors who appreciate the important Contribution Fridge makes. Over the course of the
year we provlded 1861 meals to an average of 36 guests on 8ach evenlng. The aim now 15 to provlde a healthy
option meal once a month, as well as our regular fare of bacon rolls and cheese toasties. It was a year in which we
tightened up our safeguarding procedures for Fridge 8S Several new team members joined. This ministry has
attracted grants which fund most of the costs involved.
Our Llnk Events. which seek to reach out to those in our communty, this year started with a successful We Love
Southsea pancake event on 17th February. This was followed in the summer term by a Comedy Night at the end of
June, and the church garden opening for the Saturday of the Food Festival. Then on 21st October we offered a very
popular Cream Tea wrth lots of fun for th8 childrèn, along with our Light Night event on 21st November.
Our Receptlon Team kept the church open from 108m to 12noon nearfy every weekday through the year, offering
hot drinks to any in our communty who were in need. This is a registered Warm Space Wrth Portsmouth City
Council, who are very grateful for our presence in the community. The volunteers who s8Ne at reception deal with a
wide varièty of requests and often help people looking for more information about support.

PAROCHIAL CHURCH COUNCIL OF ST JUDE, SOUTHSEA
PCC MEMBERS REPORT {CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
REVIEW OF THE YEAR 2024 (CONTINUED)
Mi88ion Support
Our Mission Support Group met three times during the year to pray for our mission partners, allocate funds for
mission and plan for the provision of information to be passed onto the church. The group comprises six supporters
of our key mission links. In 2024, a totsl of £29,000 was donated trj our misslon partners and other local missions
from the giving to the church las our tithed support for external mission). Regular updates and special mission-
related services were held throughout the year, which featured videos from our three main mission partners - CMS,
Interservè and OMF and a presentation by Compassion UK together with information on all our mission.links on
Global Connection Sunday.
Occasional Offices
We love meeting wtth members of our community through our occasional offices, although we tend to see more
members of our church family for these. In 2024 we had 1 wedding, 2 funerals in the chvrch and 11 funeral Se￿i¢9S
in Crematoriums, and baptised 12 children and 5 adults.
Safeguardlng & GDPR
Safeguarding remains of utmost importanc8 to us at St Jude's. The Safeguarding and Pastoral Advisory Group
ISPAGI meet r8gularly to discuss individu85s and policy, to ensure everyone is kept as safe as possible.
As part of our commitment to protectsng the security and privacy of our church community, we have implement8d
emall security measures recommended by the UK governmenvs National Cyber Security Centre INCSCI. These
ensure that emails are genuine, authenticated, and encrypted as they traverse the internet. The NCSC is actively
monitoring our email security to verify compliance with these standards.
This significantiy reduces the risk of fraudulent emails being sent in our name and legrtimate emails being
intercepted, whl¢h is crucial for safeguarding individuals contacting us from countries where they may face
persécution for their faith or asso¢iations with foreign religious organisations.
Wlder Deanery
Adam has continued to r&pr8sent the church at both deanery events and on the deanery Standing and Finance
committee. We have kept our close links with St Simon's and hosted a shared meal for Maundy Thursday at st
Jude's, welcoming membèrs of St Simon's and St Margareys as well as our own congregation. In addition, St
Margaret's church continues to grow and develop - and Neil Smart has remained as training incumbent for Fran, in
his sécond year of euracy. St James Milton appointed a new parish priest in the early part of 2024, which relieved
some of the pressure on clergy in the rest of the dpanery. Under the leadership of +Jonathan, the diocese launched
a new vision, to be a rejuvenats'ng communty of Jesus- centred, Kingdom-seeking disciples. With this new vision in
place, work will now need to be done on the deanery vision, to ensure it meets with the strategic priorities.

PAROCHIAL CHURCH COUNCIL OF ST JUDE, SOUTHSEA
PCC MEMBERS REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
REVIEW OF THE YEAR 2024 (CONTINUED)
st Jude's Church Building
st Jude's is a Grade11 Church Constructed by Thomas Owen to be the central building of Victorian Southsea. As a
fellowship we love our church as a warm and loving centre of our community. Our fellow residents of Southsea, of
which we strive to make Jesus the heart, sèe our tower and spire as a beautiful and permanent beacon that
represénts God's love for them. Mariners have for over 150 years used St Jude's a5 a navlgatlon mark calllng them
home, often after many Th￿nthS away. The Church was Southsea's equivalent of St Paul's Cathedral, standing
proud and defiant among thè dèvastation of the blitz. Southsea would be infinrtely poorer if the building was no
more. However it requlrÉs constant maintenance and updating if the church is to remain safe, welcoming and fit for
purpose. Alongside this continuous work is our desire to drive towards 'net zero. in our greenhouse gas emissions.
36 solar panels on the south side of the church will be a rnajor contribution. The designs have been made and
approvals granted and we anticipat8 that 2025 will see their installation alongside some addrtional work to our
building In 2024 the main piècé of work w6 did was in the replacement of our lighting in the main reception and
garden room areas with effi¢iènt LED. Minor areas of repairs to Pain￿Ork were also carried out, and plans for other
areas ol restorakn.on In 2025 were put in place. We remain gratelul to M8rvyn Cowdrey, our volunteer bulldings
manager - for his oversight of the bsjildings on behalf of the PCC.
Flnanclal revlew
St Jude's returned a small surplus of 23k on the ¢ombined activities of the Church and Nursery in 2024. The
combined income grew by 2% to £928k, Comprising £478k of Nursery income and £450k of Church income.
Nursery income was the result of fees and grant in¢ome. Church in¢om8 groW(h from incr8as8d voluntary giving
and grant incom8. Church grants and the awarding bodies, to whom we extend our gratrtudè, are shown in Note 3
ofth8 Financial Ststement.
Both Nursery and Church had staff costs that were consistent with the prlor year.
At 31 Dècember 2024 there were total funds of £1,056,814 of which £33,337 was endowment, £406,083 was
rèstricted, £561,538 was designated and £55,856 was unrestricted.
80th Church and Nursery maintained a stsble cash posrtion over the ¢ourse ofthe year and both wer8 able to make
pay rises to staff in line with inflation.
Reserves Policy
It is PCC policy to maintsin a balance of 2 months of operating costs on unrestricted funds lif possible) to cover
emèrgency situations that arise trom time to time. St Jude's Church holds £46,125 in 8 designated fund account
and the Nursèry holds £50,000 in a designated fund account to meet this requirement. The PCC reviewed this in
2024, and have agreed to keep the reserves at these levels into 2025.

PAROCHIAL CHURCH COUNCIL OF ST JUDE, SOUTHSEA
PCC MEMBERS REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
RISK ASSESSMENT
The Church is encouraged to consider what risks there are to the fulfilment of the charitabl8 purpos8 of the
organisation. This undertakn'ng has focused on the physical and practs'cal rather than the spiritual.
Loss of the building
There would appear to be several options to ensure continuity of Sunday worship should th6 building be
rendered unusable for whatever reason. There are ￿0 schools in the immediate vicinity with both of whom
st. Jud8's has good r8lations. Thé Church also owns Silver Str88t Youth Centr8 which could be used, albeit
with some adjustment by the Nursery who are the primary users. St. Jude's School would also be an option,
albeit that the building is outside of the PaTtsh.
It is suspected that the provision of a venuè for both the Church Officès and the various ev6nts that take
place in the church building might be more probl8matie. Any long-term loss of use of the building might be
ameliorated by thé leasé of a shop within Southsea Shopping Centr8.
Since the enforced closure resulting from the Covid-19 crisis thè Church has used technology and social
media to provide parishioners With virtual access to worship s&NieÉs, groups, bible readings and reflections.
The Church has upgraded tslephony to enable staff to work remotely during periods of lockdown, and this
Can be utilised to ensure the efficient running of the Church Office when staff are not able to access th8
building.
Flnanclal
Overall reserves are ¢onsldered sufficient to deal with most unfor8se8n financlal requlrements. The bulk of
reseNes are contained in fijnds that the PCC has designatéd for partlcular purposes, mainly assoclated wlth
the Nursery. The Church has comprehensive insurance which should cover more general ¢atastrophi¢
events. The Church maintsins a portlon of Its fund$ in readily accesslble accounts to meet Immedlate
demands.
10-

PAROCHIAL CHURCH COUNCIL OF ST JUDE, SOUTHSEA
PCC MEMBERS REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
MEMBERSHIP OF THE PAROCHIAL CHURCH COUNCIL
PCC members are etther ex-officio or eleded by theAnnual M88ting in accordanc8 with the Church R8pr8sentation
Rules. The PCC consisted of.
Vlcar
Adam Tams
Church Wardens
David Bacon - Vice Chair
Jane Portlock
Diocesan Synod Representatives
Bethan Fog811
Debbie Sutton
Deanèry Synod Representatives
Rosie Fry
Jos Mc8be
A880ciate Vloar
Neil Smart
Elected Member8 Jan to Oec 2024
Helen Bolton
Richard 8onon- Treasurer
Rob Drake
Elaine Hallett
Mark Neck
Mark Sandland
Elected Members 8tepped down In 2024
Sam Adie
Richard Portlock
Elected Members appolnted In 2024
Mervyn Cowdrey- Buildings Officer
(Co-opted member appointed In 2023}
Homnath Dhakal
Signed on behalf of the PCC on 28 Aprll 2025
Rev Adam Tams, Chalr
11

PAROCHIAL CHURCH COUNCIL OF ST JUDE, SOUTHSEA
STATEMENT OF PCC MEMBERS RESPONSIBILITIES
FOR THE YEAR ENDED 31 DECEMBER 2024
The PCC members, who are also th8 trustees, are responsible for preparing the PCC Members Report and the
accounts in a¢cordance with applicable law and United Kingdom Accounting Standards (Unrted Kingdom Generally
Accepted Accounting Practicè).
The law applicablè to chari*'8s in England and Wales requires the PCC members to prepare accounts for each
financial year which give a true and fair vi8w of the state of affairs of the PCC of St Jude and of the incoming
resources and application of resources of the PCC of St Jude for that year.
In preparing these accounts, the PCC members are required to-
select suitab18 accounting policies and then apply them consistently.,
obsèN8 th8 m8thods and principles in the Charities SORP.,
mak6 judg8m8nts and estimates that are reasonable and prudent.,
state whether app15cabl8 accounting standards have been followed, subject to any material departures dlsclosed
and explained in the accounts., and
preparè the accounts on the going concern basis unless it is Inappropriate to presume that the charty will continue
in operation.
The PCC members are responsible for keeping sufficient accounting records that disclose with r8asonable accuracy
at any time the financial position of the PCC of St Jude and enable them to ensure that the accounts comply wrth
the Charities Act 2011 and ttrte Church of England Accounting Regulations. They are also responsible for
safeguarding the assets of the PCC of St Jude and hence for taking reasonable steps for tha prevention and
detection of fraud and other irregularitiès.
12-

PAROCHIAL CHURCH COUNCIL OF ST JUDE, SOUTHSEA
INDEPENDENT EXAMINER'S REPORT
TO THE PCC MEMBERS OF PAROCHIAL CHURCH COUNCIL OF ST JUDE,
SOUTHSEA
I report to th8 PCC m8mb8rs on my examination of the financial statements of Parochial Church Council of St Jude,
Southsea (the PCC of St Jude) for the year ended 31 December 2024.
Rèspon$lbilities and basls of report
As the PCC members of the PCC of St Jude you are responsible for the preparation of the fi'nancial statements in
accordance wrth the requirements ofthe Charities Act 2011 (the 2011 Acti.
I report in rèsp8Ct of ry examination of the PCC of St Jud8's financial statements carried out under section 145 of
th6 2011 Act. In carrying out my examination I hav8 followed all thÈ applicable Directions given by the Charty
Commission under section 145(5llb} of the 2011 Act.
Independent examtner's statement
Since the PCC of St Jude's gross income exceeded £250,000 your examiner must be a membèr of a body listed in
section 145 of the 2011 Act. I confirm that l am qualified to undertak6 the examination bècause l am a member of
the Institut& of Chartered Accountsnts in England and Wal8s, which is one of the listed bodies.
I have completed my examination. I confirm that no matters hav8 Come to my attention in connection with the
examination giving me cause to believe that in any material respect..
accounting re¢ord$ were not kept in respect ofthe PCC of St Jude as requlred by section 130 of the 2011 Act,.
or
the financial statements do not accord with those re¢ords', or
the financial statements do not comply with the applicable requirements concerning the form and content of
accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the
accounts gwe a true and fair view which is not a matter considered as part of an ind8p8ndènt éxamlnat'on.
I have no concerns and have Come across no other matters In Connedion with the examination to which attention
should be drawn in this report in order lo enable a proper understanding of the financial statements to be reached.
Timothy Mlllett FCA
Carpenter Box
53 Kent Road
Southsea
Hampshire
P05 3HU
United Kingdom
13-

PAROCHIAL CHURCH COUNCIL OF STJUDE, SOUTHSEA
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 DECEMBER 2024
Unr•stwlct•d Unr•stricted R•strfcted EndowThht
lynds
funds
lundi
o•n•r•l d•slgrntsd
2024
2024
Total Unr•¥trfetsd UnMtrfct•d R•strlct•d En¢knvm•nt
funth
funds
funds
lundx
g•n•ral d•slgnotsd
2025
2024
2024
2023
2023
N¢4•s
Incom• from..
Don81ions and leqaote6
CharitaYeA¢tMlle8
Church Adfvillgs
Nursery
InY&*ments
312,418
86,204
399.088 298,798
3,135
47.818
349,749
27,186
5,798
33,246
477,681
17,813
21.184
287
7.529
28.
514.L
t6,994
477,fj81
514,
15,497
14.¥X)
714
542
838
rot•l In¢om• arnl •nttowm•rts
355,701
479,289
92,552
927,828
384,882
518,180
55,887
838
J9,787
Chanta￿8 ad￿￿e&
343,343
507.022
54,959
5,324 334,eCe
$04,04e
68,109
,761
Net uainsll1088esl on
investments
11
28
57
I,ie8
13331
16871
2,5Ce
2,874
Not kncothg royourc•s bofore
trwn5f•r5
11,758
127,7CfjI
37,e50
23.398
1,444
13,801
112,8891
3,344
5,7CO

PAROCHIAL CHURCH COUNCIL OF ST JUDE, SOUTHSEA
8TATEMENT OF FINANCIALACTIVITIES ICONTINUEDI
FOR THE YEAR ENDED 31 DECEMBER 2024
Unrestr*tsd Unrostrlcted R•strkt•d EThJ¢Avn
fuThJs
lunds
ltsnd¥
general d•slgnat8d
2024
2024
Totsl Unf•Strfcted Unrnstrfct•d R•strlctsd Endowm•nt
lunds
funds
funds
funds
genoral d•sl9nat•d
20LI
2023
Total
2024
2023
2023
2023
N•t Incorthi r•50urc•¥ b•for•
11,758
127.7051
37,850
1,895
23,398
1.444
13,801
112,8891
3,344
5,7
GroMtr8nif•rn bthoon
fundfj
701
1s.ooi
18861
30.636
130.6361
838
18381
N•t nx*v•m•ntln fund8
12,459
133,3251
43,455
23,398
32,080
I16,￿5}
112,0511
2,5C
5,7C
Fund baLqnce8 al 1 Janu*ry 2024
43,397
594,863
362,628
32,528 1,033,416
11,317
811,898
374,879
30,022
1,027,718
Fund balane•* at 31 O•e•nknr
2024
$61,338
4Ce.C*3
33,337 1.ose,814
43,397
594,863
2,628
32.528 1.U33,416
The ststfrment of finan￿81 i¢tivitièJ in¢lud•s oll galn8 and lo￿• recoonlÉed In the yeer.
The 8tattrmont of flnandal sthrtie8 includèb all oa5n8ind10S8O0 rÉc*onigad In th8 yéar. All Incomè and èxpèrtdtture defivè from conttnuiro ?rtjvrt￿9.
15-

PAROCHIAL CHURCH COUNCIL OF ST JUDE, SOUTHSEA
BALANCE SHEET
AS AT 31 DECEMBER 2024
2024
2023
Note8
Tangible assets
Investments
13
14
749,363
48,718
752,332
47,824
798,081
800,156
Current assets
stocks
Debtors
Cash at bank and in hand
15
16
355
14,559
354,690
418
13,089
249,390
369,604
282,895
Credttor•: amounts falllng due wlthln
one yeai
Taxation and social security
Other creditors
Deferred income
5,340
16,984
88,547
4,219
21,534
3,882
17
18
110,871
29,635
N8t current asséts
258,733
233,260
Totsl a8$ets leJ8 cuirent Ilabllltle•
1,056,814
1,033,418
Capltal funds
Endowment funds
Income fundfj
Restricted funds
Unrestricted frjnds - designated
Unrestricted funds - general
20
33,337
32,528
21
406,083
561,538
55,856
362,628
594,863
43,397
1,058,814
1,033,416
The accounts were approved by the PCC Members on 28 April 2025
Rev Adam Tams, Chair
16-

PAROCHIAL CHURCH COUNCIL OF ST JUDE, SOUTHSEA
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 DECEMBER 2024
2024
2023
Note8
Cash flows from operating a¢tlvlties
Cash generated fromllabsorbed by)
operations
25
87,487
17,275)
Investing actlvitles
Proc88ds from disposal of investments
Inv8stm8nt income r8c8ived
23,444
16,994
17,813
Nèt cash generatod from Inve•tlng
actlv5tl08
17,813
40,438
Net CA8h used In flnanclng actlvltie8
Net Incrèase In Cash and ¢a8h equlvalents
105,300
33,163
Cash and cash equivalents at beginnlng of year
249,390
216,227
Cash and ca8h equlvalent8 at end of year
354.690
249,390
17-

PAROCHIAL CHURCH COUNCIL OF STJUDE, SOUTHSEA
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
Accountlng policies
Charfty Information
Parochial Church Council of St Jude, Southsea is a registeréd charity in England and Wales. The Trustees
are the members of the PCC named in the Annual Report. Th8 church of St Jude's address is Kent Road,
Southsea, Hampshir6, P05 3EL.
1.1 Accounting conventlon
These accounts have been prepar8d in accordance with the Church Accounting Rogulations 2006 and FRS
102 °The Financial Reporting Standard applicable in the UK and Republic tsf Ireland" I'FRS 102.),
'Accounting and Reporting by Charities. the Statement of Recommended Practicé for charities applying FRS
102 (effective l January 20191, th8 Charities Act 2011 and UK Generally Accepted Accounting Practice. The
PCC of St Jude is a Public Benefit Entity as defined by FRS 102.
The financial statements are prepared in st8rling, which is the functional currency of the PCC of St Jude.
Monetary amounts in these financial statsments are rounded to the nearest £.
The accounts have been prepared under the historical cost convention, modified to include the rèvaluation of
certain assets and financial instruments at fair value. Th8 principal accounting policies adopted are Set out
below.
1.2 Golng concern
At the time of approvlng the flnaneial statements, the PCC members have a reasonabl8 expectation that the
PCC of St Jude has adequate resourcès to continue in operational exlstence for the foresèeable future. Thus
the PCC members continue to adopt the going concern basis of accounting In preparing tho financial
statements.
1.3 Charltable funds
Unrestricted funds are avallable for use at the discretion of the PCC members in furtheranc6 of their
charitable objectives unless the funds have been designated for other purposes.
Designated funds comprise fijnds which have been set aside at the discretion ofthe PCC members for
specific purposes. The purposes and uses of the designated funds are set out in the notes to the 8ccounts.
Restricted funds are subject to specific conditions by donors or grantors as to how they may be used. The
purposes and uses of the restricted funds are set out in the notes to the financial statements.
Endowment funds are subject to spectfic conditions by donors that the capital must be maintained by the PCC
ofst Jude.
1.4 IncomSng resources
Income is recognised when the PCC of St Jude is legally entitled to it after any performance conditions have
been met, the amounts can be measured reliably, and it is probab18 that incom6 will be r8ce¢ved.
Collections, planned giving and cash donations are recognised on receipt. othor donations are recognised
once the PCC of St Jude has been notified of the donation, unless performance conditions require deferral of
the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is
recognised at the time of the donation.
Legacles are recognised on receipt or otherwise if the PCC of St Jude has been notified of an impending
distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as
a contingent asset.
All funds raised by parish activities such as the bookstall are accounted for gross. Rental income from non-
investment propety and room lettings is recognised when the rental is due. Parochial fees are accounted for
when due.
18-

PAROCHIAL CHURCH COUNCIL OF ST JUDE, SOUTHSEA
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Accountlng policies
(Continued)
1.5 Resources expended
Costs are eharged directly to the most 8ppropriate activity or category of expenditure and apportioned wh8r8
necessary.
Grants and OU￿ard giving are accounted for in the SOFA when paid, unless an obligation, whether
constructive or legal, exists to the recipient in accordance wrth the Charities SORP and FRS102.
Parish share and other costs directly relating to th8 work and activrties of the Church are accounted for when
they are incurred or become due and payable.
1.6 Tanglble fixed assets
Consecrated and beneficed property is èxcluded from the accounts by S1012lla & c) of the Charf(ies Act
2011. Moveable church furnishlngs held by the Churchwardens on special trust for the PCC and which r&quire
a faculty for disposal ar8 capitalised at cost and written off over their usefvl economic life other than where
insufficient cost information is available. In this case the item is not capitslised, but is included in the Church's
inventory. All expenditure incurred during the year on consecrated or benefice buildings, whether for
maintenance or improvement, is written off as expenditure and separately disclosed.
other Tanglble fixed assets are initially measured at cost and subsequently measured at cost or valuation, net
of depr6ciation and any impairment losses.
Depreci8tion is recognised so as to write off the cost or valuation of assets less their residual v8lue$ over their
useful liv68 on the following bases..
Freehold land and bulldlngs
Fixtures and fittings
25% straight line or reducing balance
Freehold land is not depreclated.
The PCC has decided not to provide depreciation on freehold property held as fixed assts as it regards thé
buildings as having a high residual value.
The gain or loss arising on the disposal of an asset is determined as the difference bethen the sale
proceeds and the carrying valu8 of the asset, and is recognised in the statement of financial activities.
Individual rtems of equipment with a purchase value of under £3,000 are written off when acquired.
1.7 Impalmient of fixed assets
At each reporting end date, the PCC of St Jude reviews the carrying amo¢Jnts of its tangiblè assets to
determine whether there is any indication that those assets have suffered an impairment loss. If any such
indication exists, the recoverable amount of the asset is estimated in order to determine the extènt of the
impairment loss lif any). No such indications were noted.
1.8 St¢xks
stocks are stated at the lower of cost and net realisable value.
1.9 Cash and cash equivalents
Cash and cash equivalents include cash in hand, deposits held at call with banks and other short-tem liquid
investments wf(h original maturities of three months or less.
19-

PAROCHIAL CHURCH COUNCIL OF ST JUDE, SOUTHSEA
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Accountlng policies
{Continued)
1.10 Financial instruments
Th6 PCC of St Jud6 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 tts financi81 instrum8nts.
Financial instruments are recognised in the PCC of St Jude's ba18nce sheet when the PCC of St Jude
becomes paty to the contractual provisions of the instrument.
Basic Ilnancial 8ssets
Basic financial assets, which include debtors and cash and bank balancés, are measuréd at transaction price
including transaction costs.
Ba8lc flnanelal Ilabllltles
Basic financial liabilities, including eradrtors ar• recognised at transaction pri¢e.
Dorecognitlon of financigl liablllti8S
Financial liabilities are derecognised when th8 PCC of St Jude's contractual obligations expire or are
discharged or cancelled.
1.11 employee benefft8
The cost of any unused hollday ent￿lement is r8cognised in the period in which the employee's sgrvices are
received.
Termination benefrts are recognised immediatèly as an expense when thé PCC of St Jud8 is demonstrably
cornmitted to terminate the employment of an employee orto provide temination benefits.
1.12 Retirement beneflts
Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.
Contributions are paid to NEST the workplace pension set up by the government.
CrStical accountlng estlmates and Judgement8
In the application of the PCC of St Jude's accounting policies, the PCC members are required to make
judgements, estimates and assumpts'ons about the carrying amount of assets and liabilrties that are not r8adily
apparent from other sources. The estimates and associated assumptions are based on historical experience
and other factors that are considered to be relevant. Actual r8suIts may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting
8Stimates are recognised in the period in which the estimate is revised where the revision aff8Cts only that
period, or in the period of the revision and future periods where the revision affects both current and future
periods.
-20-

PAROCHIAL CHURCH COUNCIL OF ST JUDE, SOUTHSEA
NOTE8 TO THE FINANCIAL STATEMENTS ICONTINUED)
FOR THE YEAR ENDED 310ECEMBER 2024
I￿orn• fromdonatknns and
Unr•strict•d Unr•strfcted R•stwlcted
nds
funds
funds
g•n•ral d•ilgn•t•d
2024
2024
Tot41 Unr•strtct•d Unr05twlctsd Re5trkted
lundj
9•￿rnI dmlgnatsd
2023
2023
2023
20rd
Donitlon8 ond glts
Legaue8
Grgnts
3Ce.249
1.577
4,592
46,￿
3,320
1,577
44,191
290,CQI
1,040
7,757
3.135
295,(X
1,040
53,7C
39,SE6
45,948
312,418
86.204 399.088
298,798
3.1
47,816
349,749
arAnts
Intern Schemè
VwaliNsSupport Grant
Listed Places ol ￿FshIpGrant
Nallonai Chui¢h Energy Cost Grant
st Simon'6
Joseph RankTru6t
Archbishop's Cwnai- The Ministry Expeden(e Scheme
Archbi8hop'8 CLyJnal- Future Youth D￿ebpment Grant
Otrher
3,5C
1,0
3.￿0
1.200
42
4,529
3,WO
4,571
3,0
7,0
10,0
10,3
13,628
10.(
18.630
6.299
170
10,1
18,6W
6,299
4,207
10.CNJO
10.X
13,628
218
4.037
228
39.599
44.191
7.757
45,948
53,7
21

PAROCHIAL CHURCH COUNCIL OF ST JUDE, SOUTHSEA
NOTE8 TO THE FINANCIAL STATEMENT8 (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
In¢•Th* from¢hAtr1tAbl* 0Ctlvftl•s
U￿r￿ttrd Unrostrfet•d R￿t￿Ct•d
nd%
furKIE
fundj
••n•rnl d•slgnat¢d
2024
Tfjtsl Unr•strtel•dUnrnthl¢t•d R•strl¢t•d
funds
funth
y•n•ral d•slunat¢d
2W23
2023
2024
2024
202)
2023
Chur¢
sale efocths
Anclllary Iraoing Ircam¢
her In¢ome
18.110
lo.￿3
1.573
262
4,798
20, 170
10.503
2,573
7,473
9.247
4.464
7.529
15.269
9,247
Nurn•ry
Service8 provlded under ￿ntract
other Income
476,399
1,282
476.399
1.282
J13,258
513,258
27,186
477.943
5.798
510,927
21.184
514,331
7,529
543,044
-22-

PAROCHIAL CHURCH COUNCIL OF ST JUDE, SOUTHSEA
NOTES TO THE FINANCIAL STATEMENTS {CONTINUEDI
FOR THE YEAR ENDED 31 DECEMBER 2024
IDcomB frorn Inva￿1￿￿￿
Unr•strlct¢d Unr•strletsd R•strlct•d Enth)wThnt
funds
futKIs
lund•
o•n•Yg1 d•slgn•t•d
2024
2024
TotAI Unr•8trlctsdUnr•*trtctsd Restridqd Endowff*
funds
funds
fvnds
g•n•ral dNlgnatsd
2023
2023
T4ial
2024
2023
2023
2023
Rent81 Income
Income from unl18￿1
inveÉtmen18
Intereat f￿habI0
1S,300
15,300
Id,9
14,9
275
271
443
Y2
838
1,651
443
197
15.497
17,813
14.90)
714
$42
16.994
-23-

PAROCHIAL CHURCH COUNCIL OF ST JUDE, SOUTHSEA
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Expenditure on charitable activities
Church
2024
Nur8ery
2024
Total
2024
Church
2023
Nursery
2023
Total
2023
Direct costs
staff costs
Depreciats'on and
impairment
Church overseas
Home mission, appeals
and other grants
Parish quota and clergy
costs
Church building
92 Marmion Road
Mission and support
Events
Church management and
administration
Nursery premises costs
Educational equipment
and support
Other nursery costs
126,025
385,246
511,271
143,246
386,303
529,549
2,018
22,498
951
2,969
22,498
2,016
20,639
1,268
3,284
20,639
12,470
12,470
10,962
10,962
127,319
51,359
1,874
51,622
12,853
127,319
51,359
1,874
51,622
12,853
97,682
87,232
1,532
42,361
7,055
97,682
87,232
1,532
42,381
7,055
17,082
17,082
43,052
9,073
9,073
43,033
43,052
43,033
23,599
19,526
23,599
19,528
19,882
25,425
19,882
25,425
425,120
472,374
897,494
421,798
475,911
897,709
Share of support and governance co8ts18ee note 7)
Governance
3,915
3,915
7,830
5,323
3,729
9,052
429,035
476,289
905,324
427,121
479,640
906,761
Analy818 by fund
Unrestricted funds -
g8n8ral
Unrestrictsd funds
designated
Restricted funds
343,343
343,343
334,606
334,606
30,733
54,959
476,289
507,022
54,959
24,406
68,109
479,840
504,048
88,109
429,035
476,289
905,324
427,121
479,640
906,761
-24-

PAROCHIAL CHURCH COUNCIL OF ST JUDE, SOUTHSEA
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Support Costs
Support Governance
costs
costs
2024 Support costs Governance
costs
2023
Accountancy and
Independent Examination
fèes
7,830
7,830
9.052
9,052
7,830
7,830
9,052
9,052
Analys8d bet￿een
Charitable activities
7,830
7,830
9,052
9,052
Governance costs includes payments to the ind8P8ndent examiners for their independent examination of
£2,115 plus Vat.
Net movement In fund8
2024
2023
Net movement In funds is stated after chargingllcredttlngl
Depreci8tion of owned tsngible fixed assets
2,969
3,284
PCC Members
None of the PCC members {or any persons eonneeted with them) received any remuneration or expenses, as
PCC member, from the PCC of St Jude during thè year.
Clergy stipends were paid by the Church Commissioners within Church of England stipendiary guidelines.
10 Employees
Th& average monthly number of employees during the year was..
2024
Number
2023
Number
Church
Nursery
26
27
Total
36
35
-25-

PAROCHIAL CHURCH COUNCIL OF ST JUDE. SOUTHSEA
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
10 Employees
(Contlnued)
Employment costs
2024
2023
Wages and salari6S
Social security costs (less SMP rebate)
other pension costs
490,769
12,266
8,236
505,371
16,122
8,056
511,271
529,549
There were no employees whose annual remuneration was more than £60,000.
Remuneration of kèy management personnel
The remuneration of key m8nagement personnel was as follows..
2024
2023
Aggregate compensation
57,383
53,260
-26-

PAROCHIAL CHURCH COUNCIL OF ST JUDE, SOUTHSEA
NOTES TO THE FINANCIAL STATEMENTS ICONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
11 li•lns Ind lo¥s•s Inv•*tThnts
Unr•strlct•d Unrnstrtctsd R•strlct•d Endo¥ffl*nt
funds
fttnds
tund¥
funds
g•nornI d•slynat•d
2024
2024
Tot•1 UN•strlct8d Uftr•*trfct•d R•slrl¢tsd Fndtrwrnnt
funds
funds
lunds
lun
g•n•rnl d•slwAt•d
2023
2023
Totsl
2024
2024
2024
2023
GoinWIFosee$l a￿￿nG on..
Revlluatlon c¢ invastr￿ts
Sale ol Inve8tment8
28
57
(3331
ise71
2,5C
1.168
1,168
28
57
1,168
13331
iee71
2.874
-27-

PAROCHIAL CHURCH COUNCIL OF ST JUDE, SOUTHSEA
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
12 Taxatlon
The charity is ex8mpt from taxation on its activities because 811 rts income is applied for charitable purposes.
13 Tangible fixed assets
Freehold land Fixture8 and
and bulldlngs
rittings
Total
Cost
At 1 January 2024
746,509
127,619
874,128
At 31 December 2024
746,509
127,819
874,128
Oepreciatlon and impairment
At 1 January 2024
Depreciation charged in the year
121,798
2,969
121,796
2,969
At 31 Decembei 2024
124,765
124,765
Carrylng amount
At 31 December 2024
746,509
2,854
749,363
At 31 December 2023
746,509
5,823
752,332
Freehold land and buildings comprises the Curate's house al 92 Marmion Road and the Nursery and land at
Silver Street.
92 Marmion Road is jointly owned with the Portsmouth Diocesan Board of Finance under the Incumbents and
Churchward8ns' ITrustsl Measure 1964. The Diocese has power of custodian trustee. Should the house be
sold, the income is to be invested and used towards the provision of a house for a curate or in fumishing IL
The hous8 is included at estate agents valuation of £310,000.
The Nursery land and buildings in Silver Street, Southsea are jointly owned with the Portsmouth Diocesan
Board of Finance under the Incumbents and Churchwardens. (Trusts) Measure 1964. The Diocése has power
of custodian trusteé. The property is valued at cost of£436,509.
-28-

PAROCHIAL CHURCH COUNCIL OF ST JUDE, SOUTHSEA
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
14 Flxed ass￿ Investment8
Unlisted
Investments -
The CBF
Church of
England Fund8
C08t or valuatlon
At 1 January 2024
Valuation changes
47,824
894
At 31 December 2024
48,718
Carrylng amount
At 31 Decembèr 2024
48,718
At 31 December 2023
47,824
15 Stocks
2024
2023
Raw materials and consumables
355
416
18 Debtors
2024
2023
Amount8 falllng du• wlthln one ye•r:
Other debtors
Pr•payment$ and accrued ￿n￿me
10,633
3,928
4,941
8,148
14,559
13,089
17 Other Credltors falllng due within one year
2024
2023
Other credrtors
Accruals and deferred income
1,779
15,205
588
20,946
18,984
21,534

PAROCHIAL CHURCH COUNCIL OF ST JUDE, SOUTHSEA
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
18 Deferred income
2024
2023
Nursery funding and fees received in advance
88,547
3,882
19 Retirement benefit schemes
2024
2023
Deflned contrlbutlon scheme8
Charge to profit or loss in respect of defined contribukn'on schemes
8,238
8,058
The PCC of St Jude operates a defined contribution pension scheme for all qualifying employees. The ass8ts
ofthe scheme are held separately from those of the PCC of St Jud8 in an independently administered fund.
20 Endowment funds
Endowm8nt funds r8present assets which must be held permanently by the PCC of St Jude. Income arising
on the endowmént fund is included as r8stricted income. Any capital gains or losses arising on the assets
form part ofthe fund.
At 1 January
2024
Incomlng
resource8
Tran$fer8
Galn$ and
108SeS
At31
December
2024
Permanent endowments
Hornby Endowment Fund
32,528
886
18861
809
33,337
Prevlou8 year:
At 1 January
2023
Incoming
resources
Transfers
Galns and
losses
At31
December
2023
Permanent endowments
Hornby Endowment Fund
30,022
838
18381
2,506
32,528
The Hornby bequest fund is held by the Diocese on behalf of St Jude's. The interest is held in the Hornby
Restricted Fund.
30-

PAROCHIAL CHURCH COUNCIL OF ST JUDE, SOUTHSEA
NOTE8 TO THE FINANCIAL 8TATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEfiFER 2024
21 R•strlct•d fwhd$
The reElrl¢ted lund8 of th• charlty the unexpended balances ofdon8tlong grants held Qn Iru•t BubjecttQ 8peclfto ¢ondrtlon8 by donor8 a8 to they may
be used.
Mov•m•nt In fur
Incomlrg
R•Bourcw
Tr•rrtl
l J•r**ry 2ty2J r••our¢•8 •xp•thd
Movem•nt In lundg
￿￿0￿rC
oy•nd4d
InL¥Jml
yvc
G•lrM 4nd
a•tsnc•*t
108•w 31 b•c•mb
l•M••S 1024
92 Marrnlon
Rtrad
Church
Reaevelopmenl
Intern Fund (Gfft
Day20111
yO￿Th
MI￿on c)Jtrea¢h
Miwon Glft Cby
Homby
Friday Fridge
Solgr Panel Fund
310,000
310.wo
310,0
28.306
2,254
16,9471
ie671
12,946
2,223
(2,6481
57
12,578
5.871
24,TJ4
28,910
17.OCO
124,7461
122,7201
30,801
10.C
123.4021
P3,6821
Y4,934
8,352
945
19,034
945
2.845
2.158
838
4,589
7,519
47,186
7.723
13,696)
6.185
4.561
45,267
13,2271
1.919
374.679
55,887
16B.1091
16671
2.828
92,552
154,9591
57
406,0
The prowty. 92 Marm￿￿ R￿d. w88¢onated for u8e bythecur8t•.
The {￿urch RedeVelo￿ent fund 18 fcr dOn￿￿n891¥e￿ lorthè churd) r•dovtrlopment pTuie&.
The GM Qay 2011 m¢xtsy and grants for youth minBtry.
The Youth fund prowdBsgTantsforyouth work.
31

PAROCHIAL CHURCH COUNCIL OF ST JUDE, SOUTHSEA
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEM8ER 2024
21 Restrl¢t•dthnds
Thwe18an gnnual gfft day.
T￿l40TnbY ie6trthJ fund 6upF¢rt8 oommunityworkwlhln th• p811sh.
Fmday Fridge Y6 an 85tatdl8hed mlnmtry that wpport8 trnge on fv margin&
The ￿l￿r p￿1 fund 18 for In relitlon to the 1n8tallaty.on of ￿•r pand8.
.32-

PAROCHIAL CHURCH COUNCIL OF ST JUDE, SOUTHSEA
NOTES TO THE FINANCIAL 8TATEMENT8 (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
22 D•slgnat•d fvnd5
Th? unre8tncted fund8 ol the charlty oxnpii$& the uneKpend8d b8kgnc8s of donatMs and grant8 whlch are not subject to 6pec4fl¢ ¢ondrtion8 by (kyu8 gnd grnntors
to howthey may ￿ ueed. Tl*se ir￿Ude de$ignal8d lund8whlch hawe bten seta￿de0￿1 ot unie8trictsd lund8 by the tru8t888for 5P8cific purpose5.
v•mtrnl In
Ool*nc••t
Incomlry
1 ￿nu￿ry 2025 r•wwc•A
TMfi•f•
G•ln• •
èoknnc• •1
loM••1 JITh￿ry 2
•xp•nded
rwourc
•x￿4•&
81 D•¢•mt•r
Nu￿ry
Fixe¢J Fund
Da¢orth'on
Reserve
¢ontSngeroy
Res•
Misiion
Dis¢r•tlonary
Vkars &
br￿e￿ 2021
Fund
Monday
Felkn*shlp
498,705
9.106
517.913
1479.e401
149.3eoi
13.2831
13331
487,285
5,823
479.027
1478,28Ql 132.0491
12.9691
28
458,W2
2,854
993
14461
547
14271
120
96,125
,125
96,125
1,627
123,8621
22.CQ7
72
129.4701
29.3*
4,301
120DI
4,101
16WI
3,441
841
267
11981
910
611,698
518,1K)
1$04.0461
130,6381
13331
594,863
479,289
1507,0221
(S.￿0)
28
961,538
-33-

PAROCHIAL CHURCH COUNCIL OF ST JUDE, SOUTHSEA
NOTES TO THE FINANCIAL STATEMENT8 (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
22 I)￿￿*t•dIu￿th
IContlnu•dl
The eharty oporate8 a Nur8ery at Sllver Street. The propety and the opernttons ir•1rt4ud8d a8 d•8ignated fund&
Atrarfvfer io a Ilxed aBeet deolgnated bjnd ha8 been m#do W4ufval6nt lo the net bool(value of Fix¢ureB and Fltbng8
There rd a fvnd ferthtr dtrornlon 017 Hereford Road
The charlty has •stabll$hod • contingency rese￿ by transfer from the church unre5trk*ed fund and from tt)• nur8ery ¢Jetyanated fund.
The Mrd&on Oulre8ch Fund wpport8 our mbw'on partners ov8ma8 and al home ind￿14￿ the al￿0 Sodety, The Church Mwion Intéreerve, Marcy Shlp8, The
rseas MIs8lon Fdkxsnip. Ttarfund, The Church P8&0r81 Ald Wely.
The St Jude's Vicar8 and ￿r￿OnI TnJ$l wa6 dosed and the funds were tran$f¢rredto PCL St Judè 1$ thè Vk8r8 and Ward8n6 2021 Desunaled Fund.
Th& Monday Fellmhip Group rea¢he8ouI to lenior c4t1z￿B
-34.

PAROCHIAL CHURCH COUNCIL OF STJUDE, SOUTHSEA
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
23 Analys18 of net assets between funds
Unrestricted UnTe6tricted
funds
funds
genèral designated
2024
2024
Rèstrlcted Endowment
funds
funds
Total
2024
2024
2024
At 31 December 2024:
Tangible assets
Investments
Current assetsl{liabilities)
439,363
5,127
117,048
310,000
10,254
85,829
749,363
48,718
258,733
33,337
55,858
55,856
561,538
406,083
33,337
1,056,814
Unrestrlctsd Unrestricted
funds
fund8
general deslgnated
2023
2023
Restricted Endowment
fund8
fund8
Total
2023
2023
2023
At 31 December 2023:
Tangib16 assets
Investments
Current assetsl{Ilabiliti8sl
442,332
5,099
147,432
310,000
10,197
42,431
752,332
47,824
233,280
32,528
43,397
43,397
594,863
362,628
32,528
1,033,418
24 Related party trat78actlon8
Ther8 w8r8 no disclosable related party transactions during the ye8r12023 - none).
25 Cash generated from operatlons
2024
2023
Surplus for the year
23,398
5,700
Adjustments for..
Investment income recognised in ststement of financial actlvities
Gain on disposal of investments
Fair value gains and losses on investments
Depreciation and impairment oftsngible fixed assets
(17,8131
{16,9941
(1,1681
11,506)
3,284
1894)
2,969
Movements in working capital..
De¢rease/lincreasel in stocks
{Increasel in debtors
{D8crease)lincrease in creditors
Increase in deferred income
{163)
13,737)
5,458
1.851
{1,4701
13,429)
84,665
Cash generated from1(4￿arb*d by) opgratlons
87,487
17,2751
-35-

PAROCHIAL CHURCH COUNCIL OF ST JUDE, SOUTHSEA
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
26 Analys18 of changes in net funds
Thé PCC of St Jude had no material debt during the year.
-36~