CHRISTCHURCH
PAROCHIAL CHURCH COUNCIL OF CHRIST
CHURCH, GUILDFORD
"AS THE FAMIL Y OF CHRIST CHURCH, IN
THE POWER OF THE HOL Y SPIRIT, WE SEEK
TO KNOW CHRIST BETTER, TO MAKE
CHRIST BETTER KNO WN AND TO WITNESS
TO GOD'S LOVE IN ACTIVE CONCERN FOR
THE WHOLENESS OF OTHERS"
Annual Report
And
Financial Statements
Of the
Parochial Church Council
For the year ended 31st December 2024
Parish Office:
23 Waterden Road
Gui Idford
Surrey GUI 2AZ
Registered Charity Number 1132305

Cli H I STCIivTrLFI
PAROCHIAL CHURCH COUNCIL OF CHRIST CHURCH, GUILDFORD
ANNUAL REPORT 2024
Objectives
The Parochial Church Council ("PCC") of Christ Church, Guildford has the responsibility of
co-operating with the incumbent in promoting in the ecclesiastical parish the whole mission
of the Church: pastoral, evangelistic, social and ecumenical. It also has responsibility for
the maintenance of its properties including the Church itself. The members of the PCC are
the Trustees of the Charity.
Our Mission Statement is
'as the family of Christ Church, in the power of the Holy Spirit,
we seek to know Christ better, to make Christ better known and to witness to God's love
in active concern for the wholeness of others"
In practice this includes developing opportunities to enable the discipleship of all members
of Christ Church to continue to grow, through small groups, prayer meetings, specific
training opportunities and regular teaching. Et means enabling all members of Christ
Church to reach out to our neighbours to introduce Christ's saving love and to continue to
grow our church in depth and number. It means encouraging all of us to serve the needs
of our community and the world, through acts of service, financial generosity and prayer
support.
Through carrying out these objectives, the PCC confirms that they have complied with
their duty to deliver public benefit having considered relevant Charity Commission
guidance.
Christ Church at a Glance
Christ Church has a wonderfully diverse range of activities and facilities to meet people at
the different stages of their life and journeys of faith, including;
Siinday & midweek Services, Prayer Central, Communion @ The Clockhouse, Men's
Group, School Visits and Services, Children's & Youth work, Holiday Club, Life Groups,
Thursday Communion & lunch, Thursdays at 2, Wedding.$, Funerals and Baptisms,
weekly Zoom Morning Prayer and Open Hands

CEIA15TCIiuRLH
PAROCHIAL CHURCH COUNCIL OF CHRIST CHURCH, GUILDFORD
ANNUAL REPORT 2024
Financial Review
Incoming Resources
Total income for the year was £239,757 (2023.. £233,845).
The most significant source of income other than voluntary income came from the lettings
of the hall and meeting rooms contributing income of £59,048 (2023.. £51,783). We
welcome all users who provide us with a valuable connection to the community.
The income for 2024 is summarised below..
INCOME 2024 £240K (£76k from operations)
Regular income £107k (-IOk)
79
One-off donations £15k {+2k}
107
Christmas appeal £5k (-Ik)
Tax recovery £28k (Ok)
Investment income £6k (+5k)
28
5 15

CHMI¥TCEIvRLH
PAROCHIAL CHURCH COUNCIL OF CHRIST CHURCH, GUILDFORD
ANNUAL REPORT 2024
Resources Expended
Expenditure totalled £242,822 (2023.. £193,611) and comprised the cost5 of the Church
of £189,072 (2023: £164,465), mission and outreach of £22,436 (2023: £21,947) and
one-off major project expenditure of £31,314 (2023: £7,199).
The one-off £31,314 project spend comprised £14,424 for resurfacing the church car park,
£8,895 Church House roof and window, £4,394 Church Heating system, £2,412 Church
Tower ladder safety hoops, and £1,189 repairs to Ivor Close.
The costs for 2024 are split as follows, with the change from the prior year shown in
brackets:
EXPENDITURE 2024 £243k (£211k before project spend)
31
Dlocesan quota £99k1+2kl
Other core mlnlstry £13k l+ikl
29
Youth mlnlstry £lk (+lkl
99
Mlsslon and outreach £15k l-lkl
11 Speclflc appeal glvlng £8k1+2kl
Property costs £47k1-2kl
47
11 Support and admln £29k120kl
13
Project costs £31k1+24k}
The majority (620/0) of the Diocesan Quota funds the stipend and housing of the
incumbent.
The remainder includes supporting ordinands and curates (180/0),
safeguarding (30/0), chaplaincies and mission support (40/0), schools support (20/0), and
clergy retirement housing (40/0).
Mission and Outreach
We support a range of Christian organisations, individuals and activities involved in mission
and outreach. The PCC allocates IOO/o of unrestricted voluntary income towards OLStward
giving. The outward giving amount, excluding specific appeals, was £14,885 (2023:
£15,800).
In addition, we supported the 2024 Christmas Appeal which raised £5,303 from giving in
2024, split between two charities
500/0 one UK based with £2,652 to The Nazareth Way
and 500/0 to one international charity, with £2,651 to Anglican International Development.

Cli H I bTL TriURCII
PAROCHIAL CHURCH COUNCIL OF CHRIST CHURCH, GUILDFORD
ANNUAL REPORT 2024
Reserves & Result for the Year
The deficit for the year was £3,065 {2023.' surplus £40,234) which included £31,314 of
one-off project spend.
The surplus for the prior year was because for much of the year administrative support
was supplied by volunteers and lower major project spend.
We are budgeting to have a deficit for 2024 of around £21k that includes £40K of one-off
project costs. Christ Church is working with the Guildford Diocese to employ a new
Children, Families worker with 800/0 of the funding for the first year coming from the
Diocese.
The unrestricted reserves position at the end of 2024 was as follows:
2024
£'ooo
117
30
147
128
275
2023
£'ooo
127
30
157
119
276
General Fund
Designated Funds: Property
Available Reserves
Designated Funds: Fixed Asset Fund
Total unrestricted funds
There is a further £42,434 (2023: £43,699) of restricted reserves set out in note 9 most
of which is directed towards funding a youth worker.
The PCC maintains its unrestricted reserves in three funds..
The fixed asset fund represents the net book value of tangible fixed assets after long-
term financing from the mortgage, to indicate that those funds are not available for
other purposes.
The property fund allows for potential major building work. and
The general fund represents the balance of unrestricted funds,
The PCC has an overall objective to maintain a minimum level of general funds equivalent
to three months of next year's budgeted expenditure. At the end of the 2024 year the
balance of the general fund was £116,978 (2023: £127,097), representing 6.3 months
(2023: 5.8 months) of next year's budgeted expenditure.

Cli R IS T CEI LIRCTrI
PAROCHIAL CHURCH COUNCIL OF CHRIST CHURCH, GUILDFORD
ANNUAL REPORT 2024
structure and Governance
The Parochial Church Council is a corporate body established by the Church of England.
The PCC operates under the Parochial Church Council Powers Measure and is registered
with the Charity Commission under number 1132305 as The Parochial Church Council of
the Ecclesiastical Parish of Christ Church Guildford,
The PCC'S current composition and changes in the year is set out on page 20.
PCC and Standing Committee
The full PCC met 7 (2023.'7) times during the year with an average attendance of 760/0
(2023.850/0). Standing Committee met 3 times (2023.6) with an average attendance of
1000/0 (2023..930/0) and their meetings were minuted to the full PCC. The Standing
Committee has power to transact the business of the PCC between meetings, subject to
any directions given by the Council.
The PCC has 4 subgroups to look at key areas in the life of the church (Regrowing
Children's ministry. Raising up new lay leaders; Reinvigorating worship; Welcoming
newcomers). The PCC also invites other members of the congregation to advise them on
a regular or ad-hoc basis on a range of issues. The PCC are grateful to Adam Warner and
Rachel Nicolaou for their work in 2024 and oversight in the areas of Child Safeguarding
and Adult Safeguarding respectively. These individuals report to the PCC on an annual
basis, or more regularly as required, to train and support the PCC to ensure that we
understand and implement appropriate policies and actions.
Internal Control and Risk Management
The PCC have overall responsibility for the Centre's systems of internal control. There is
a clear delegation of the PCC'S authority through the Vicar to the rest of the organisation.
The annual budget is approved by the Trustees. Significant changes to budget are subject
to specific approval. A financial reporting system compares results with the budget
together with forecasts of the expected results.
As part of the annual planning process the key risks the PCC faces are re-assessed and
evaluated by the PCC and the Leadership Team. The following are considered the PCC'S
potential main risks,.
Income
Property
Safeguarding
Health and Safety
staffing
The PCC are satisfied that systems are in place to monitor, manage and mitigate the
exposure to identified risks. Operational risks are insured against as far as practicable.
The PCC has adopted policies to manage Health and Safety and Safeguarding risks and
copies of these policies are on display in Church or are available on request.
Investment Policy
The PCC'S investment policy covers the investment of all monies held by the PCC that are
surplus to the amounts needed on a day-to-day basis and aims to maintain as liquid a
position as possible consistent with a risk management policy of minimum risk, Operating
funds are held by our main clearing bank (Lloyds).

Ctri H 11-1 Cliukcii
PAROCHIAL CHURCH COUNCIL OF CHRIST CHURCH, GUILDFORD
ANNUAL REPORT 2024
Reserves Policy
The overall aim of the reserve policy is to ensure the PCC is using an appropriate level of
resources in fulfilling its objectives whilst maintaining sufficient reserves to ensure stability
and flexibility. The PCC is also responsible for the maintenance of its Church and other
buildings which can entail significant amounts of expenditure occurring unevenly. The PCC
maintains a rolling forecast of future capital needs and balances the role of building up
reserves for maintenance with raising additional funds when needed.
Statement of Trustees, responsibilities
Charity law requires the Trustees to prepare financial statements for each financial year
that give a true and fair view of the state of affairs of the Church and of its financial
activities for that period, In preparing those financial statements, the Trustees are required
to..
select suitable accounting policies and apply them consistently
make judgements and estimates that are reasonable and prudent
prepare the financial statements on the going concern basis unless it is
inappropriate to assume that the activities of the Church will continue as a going
concern
The Trustees are responsible for keeping proper accounting records which disclose with
reasonable accuracy at any time the financial position of the Church. They are also
responsible for safeguarding the assets of the Church and hence for taking reasonable
steps for the prevention and detection of fraud and other irregularities.
Approved by the Trustees on£April 2025 and signed on their behalf by:
Richard King
Richard King
Secretary to the PCC
Christ Church Guildford, 23 Waterden Road, Guildford, Surrey GUI 2AZ.

PAROCHIAL CHURCH COUNCIL OF CHRIST CHURCH, GUILDFORD
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES
I report to the Trustees on my examination of the financial statements of the charity for
the year ended 31 December 2024, which comprise the statement of financial activities,
the balance sheet, the principal accounting policies and the related notes.
This report is made solely to the Charity's Trustees, as a body, in accordance with the
Charities Act 2011. My examination has been undertaken so that I might state to the
Charity's Trustees those matters I am required to state to them in an examiner's report
and for no other purpose. To the fullest extent permitted by law, I do not accept or assume
responsibility to anyone other than the Charity and the Charity's Trustees as a body, for
my examination, for this report or for the opinions I have formed,
Respective responsibilities of Trustees and Examiner
As described in the Statement of Trustees, Responsibilities on page 6, the Trustees are
responsible for the preparation of the Trustees, Annual Report and the financial statements
in accordance with Applicable Law and United Kingdom Accounting Standards. The
Trustees consider that an audit is not required for this period under section 144(2) of the
Charities Act 2011 and that an independent examination is needed.
It is my responsibility to examine the accounts under section 145 of the 2011 Act, follow
the procedures laid down in the General Directions given by the Charity Commissioners
under section 145(5)(b) of the 2011 Act and state whether particular matters have come
to my attention.
Basls of Independent examlner's statement
My examination was carried out in accordance with the General Directions given by the
Charity Commissioners. An examination includes a review of the accounting records kept
by the Charity and a comparison of the accounts presented with those records. It also
includes consideration of any unusual items or disclosures in the accounts, and seeking
explanations from you as Trustees concerning any such matters. The procedures
undertaken do not provide all the evidence that would be required in an audit, and
consequently I do not express an audit opinion on the view given by the accounts.
Independent examlner's statement
In connection with my examination, no matter has come to my attention which gives me
reasonable cause to believe that in any material respect the requirements to keep
accounting records in accordance with section 130 of the 2011 Act and to prepare accounts
which accord with the accounting records and to comply with the accounting requirements
of the 2011 Act have not been met, or to which, in my opinion, attention should be drawn
in order to enable a proper understanding of the accounts to be reached.
l¥qalcolm Twigger-Ross
Malcolm Twigger-Ross FCA
36 Charlock Way
Guildford, Surrey
GUI IYB
I l April 2025

CHiii%'i'LHURLH
PAROCHIAL CHURCH COUNCIL OF CHRIST CHURCH, GUILDFORD
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 DECEMBER 2024
Unrestrlcted
Restrlcted
TOTAL
TOTAL
Notes
Funds
Funds
Funds
FUNDS
2024
2024
2024
2023
INCOMING RESOURCES
Voluntary income
Income from investments
Income from Church activitie5
2(a)
2(b)
2(c)
148,721
6,480
78,033
233,234
6,523
155,244
6,480
78,033
239,757
164,126
864
68,855
233,845
TOTAL INCOMING RESOURCES
6,523
Expenditure before project spend
Project expenditure
TOTAL RESOURCES EXPENDED
(203,720)
(31,314)
(235,034)
(7,788)
{211,508)
{31,314)
1242,822)
(186,412)
(7,199)
(193,611)
(7,788)
(Net resources expended) / Net
incoming resources
11,800)
(1,265)
(3,065)
40,234
Balances brought forward at i
January
276,338
43,699
320,037
279,803
Balances carried forward at 31
December
274,538
42,434
316,972
320,037
The comparative fund analysis for 2023 is given in note 12.
The notes form part of the financial statements.

LHIiiSTCHVIILH
PAROCHIAL CHURCH COUNCIL OF CHRIST CHURCH, GUILDFORD
BALANCE SHEET
AS AT 31 DECEMBER 2024
2024
2023
Notes
FIXED ASSETS
Tangible Fixed Assets
171,956
171,956
CURRENT ASSETS
Debtors
14,041
186
15,674
5,313
135,000
58,993
214,980
Prepayments
Short term deposits
Cash at bank
140,791
47,922
202,940
LIABILITIES: AMOUNTS FALLING DUE
WITHIN ONE YEAR
(22,376)
(22,472)
NET CURRENT ASSETS
180,564
192,508
LIABILITIES: AMOUNTS FALLING DUE
AFTER ONE YEAR
(35,548)
(44,427)
NET ASSETS
316,972
320,037
FUNDS
Unrestricted
General fund
Designated funds,. Property Fund
Available funds
Designated funds.. Outward Giving Fund
Designated funds.. Fixed Asset Fund
Total unrestricted fu nds
116,995
30,000
146,995
127,097
30,000
157,097
127,543
274,538
119,241
276,338
Restricted
42,434
43,699
TOTAL FUNDS
316,972
320,037
The Notes form part of the financial statements.
Approved by the Parochial Church Council on L April 2025 and signed on its behalf by:
Ivick Williams
Chair
Nicholas Nicolaou
Treasurer

L 11 li I s'r Cli u EiL 11
PAROCHIAL CHURCH COUNCIL OF CHRIST CHURCH, GUILDFORD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
Principal Accounting Policies
The accounts have been prepared in accordance with the Church Accounting
Regulations 2006, the Charities Act 2011 and 'Accounting and Reporting by
Charities: Statement of Recommended Practice applicable to charities preparing their
accounts in accordance with the Financial Reporting Standard applicable in the UK
and Republic of Ireland (FRS 102)" The PCC is a Public Benefit Entity as defined by
FRS 102.
The financial statements have been prepared under the historical cost convention.
The financial statements include all transactions, assets and liabilities for which the
PCC is responsible in law. They do not include the accounts of church groups that
owe their main affiliation to another body, nor those that are informal gatherings of
church members.
Going Concern
At the time of approving the financial statements, the Trustees have a reasonable
expectation that the PCC has adequate resources to continue in operational existence
for the foreseeable future. Thus the Trustees continue to adopt the going concern
basis of accounting in preparing the financial statements.
Funds
Restricted funds represent income that must be spent on restricted purposes and
details of the funds held and restrictions are shown in the notes to the accounts.
Unrestricted Funds represents the funds of the PCC that are not subject to any
restrictions regarding their use and are available for application on the general
purposes of the PCC. Funds designated for a particular purpose by the PCC are also
unrestricted.
b)
Incoming Resources
Planned giving, collections and donations are recognised when received. Tax refunds
are recognised when the incoming resource to which they relate is received, Grants
and legacies are accounted for when the PCC is legally entitled to the amounts due.
All other income is recognised when it is receivable. All incoming resources are
reported gross.
Resources expended
Grants and donations are accounted for when paid over, or when awarded, if that
award creates a binding or constructive obligation on the PCC. The diocesan parish
share is accounted for when due.
All other expenditure is recognised when it is
payable. All resource expenditure is accounted for gross.
Grants and donations given for a specific cause as part of a church event are
recognised as restricted funds and are reflected in income and expenditure of the
PCC. Grants and donations given where the PCC acts only as a conduit for funds
raised (e.g. collections at a funeral) do not form part of the income or expenditure
or the PCC.
io

C 11 R I ST CTri ui(L 11
PAROCHIAL CHURCH COUNCIL OF CHRIST CHURCH, GUILDFORD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
l. Accounting Policies (continued)
d) Fixed assets
Consecrated land and buildings and moveable church furnishings
Consecrated and benefice property of any kind is excluded from the accounts by
S.10(2)(a) and (c) of the Charities Act 2011. Expenditure incurred during the year
on consecrated or benefice property and movable church furnishings is recognised
as expenditure in the Statement of Financial Activities
Moveable church furnishings are capitalised at cost and depreciated over their useful
economic life other than where insufficient cost information is available.
Other Land and Buildings
Freehold buildings are included at their historic cost as permitted on the adoption
of FRSIO2.
Freehold land and buildings are stated at cost and are depreciated over their
estimated useful life of 25 years for church buildings. In 2020 residential buildings
were no longer depreciated from 2020 onwards as it was considered that their
market value exceeded their net book value and the on-going maintenance costs
supported the current carrying value.
Other fixtures, fittings and office equipment
Equipment costing more than £1,000 is capitalised. Depreciation is charged on a
straight line basis at 330/0 per annum for computer equipment, and 25010 per annum
for other equipment.
Current assets
Amounts owing to the PCC at 31 December are shown net of any provision for
uncollectable amounts. Short-term deposits are cash held on deposit mainly with
CCLA CBF Deposit Fund and a small deposit with the Boom Credit Union Fund.

C 11 i( 1 s'r Cli UllL 11
PAROCHIAL CHURCH COUNCIL OF CHRIST CHURCH, GUILDFORD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
Incoming Resources
Restricted
Funds
2024
TOTAL
FUNDS
2024
TOTAL
FUNDS
2023
Unrestricted
Funds 2024
2.a) Voluntary Income
Regular Giving{gift and non-gift aid)
Tax recoverable
105,839
28,488
12,829
1,220
107,059
28,488
12,829
116,754
28,405
9,214
One-off donation ( incl tax recovery)
Collections & other donations
148,721
1,220
149,941
158,042
Legacies
Christmas appeal
148 721
155 244
164 126
2.b) Income from investments
Interest on savings
864
2.c) Income from church activities:
Other sales
Property lettings Hall
Property letting Ivor close
Property letting 23A Flat
Fees (weddings & funerals)
2,087
59,048
2,087
59,048
2,543
51,783
13,200
13,200
9,130
TOTAL INCOMING RESOURCES
233 234
239 757
233 845
12

Cli R I ST L 11 UllL 11
PAROCHIAL CHURCH COUNCIL OF CHRIST CHURCH, GUILDFORD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
Resources Expended
Total
funds
2023
Unrestricted Restricted
funds
funds
2024
2024
Total
funds
2024
Core Ministry
Diocesa n pa rish share
Diocesa n other pa rish fees
Clergy Expenses
Worship leader salary
Other ministry costs
Loan interest for staff property
99,124
1,578
1,786
99,124
1,578
1,986
97,415
1,504
2,161
200
6,251
6,251
5,867
111 769
200
111 969
108 974
Youth Ministry
Salaries
Training & other youth expenses
Property (church & hall)
Utilities (Light & Heat & water)
Insurance
Cleaning
Repairs & maintenance
Depreciation
15,096
7,625
9,546
14,307
15,096
7,625
9,546
14,307
15,716
7,325
10,414
13,301
Support and Administration
Parish Office sala ry
Postage, printing and stationery
Telephone & communications
Other administration costs
22,630
1,985
1,482
22,630
2,022
1,482
1,690
2,905
1,414
37
37
Total before Mission and Major
Projects
Mlssion and Outreach
Missionary and charitable giving
Specific Appeals { restricted fu nd )
188 835
237
189 072
164 465
14,885
14,885
15,800
TOTAL RESOURCES EXPENDED
BEFORE PROJECT SPEND
203 720
211 508
186 412
Property and one-off project spend
Church Car Park resurfacing
Church house windows, roof and interior
Church Boiler Repairs
Church Tower Hoops for Ladder
Ivor Close works
Church House and Ha11 Carpets
TOTAL PROJECT EXPENDITURE
14,424
8,895
4,394
2,412
1,189
14,424
8,895
4,394
2,412
1,189
3,554
1,607
2,038
TOTAL RESOURCES EXPENDED
235 034
242 822
193 611
13

L 11 11 I ST CFI UHL EI
PAROCHIAL CHURCH COUNCIL OF CHRIST CHURCH, GUILDFORD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
Staff Costs
2024
2023
Wages & Salaries
2024
2023
Average Number of People Employed
No employee earned £60,000 p.a. or more.
Clergy staff in the year (Nick Williams, Vicar, and Joel Wilmer, Curate) are both
paid by the Guildford Diocesan Board of Finance who also provide accommodation
to the Vicar. The PCC helps fund these costs together with other central costs
including mission support, ordinand training and a contribution to the National
Church, through its parish share contribution. Joel Wilmer, as curate, occupied 2
Ivor Close rent free during 2024.
The following amounts were reimbursed to clergy members of the PCC during the
year in respect of costs incurred on behalf of the PCC.
2024
2023
Revd. Nick Williams
Revd Joel Wilmer
1,736
200
1,824
301
1,936
2,125
Apart from the above, no member received any reimbursement of expenses or
remuneration from the PCC.
Total giving by PCC members was £42,362 in the year ended 31 December 2024
(2023,, £42,490).
Tangible Fixed Assets
Freehold Land &
Buildlngs
Equlpment
Total
Cost
At l January 2024
Addition5
At 31 December 2024
311,926
14,881
326,807
311 926
326 807
Depreciation
At l January 2024
Charge for the year
At 3 1 December 2024
139,970
14,881
154,851
139 970
154 851
Net Book Value
At 31 December 2024
171 956
171 956
At 31 December 2023
171 956
171 956
14

C 11 li 1 ST C 14 UIIL 11
PAROCHIAL CHURCH COUNCIL OF CHRIST CHURCH, GUILDFORD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
The freehold land and buildings comprise the flat, Church House and hall at 23
Waterden Road, Guildford and a residential house at 2 Ivor Close, Guildford.
Debtors
2024
2023
Tax Recoverable on gifts (Q4 claim)
other debtor - Rental Income
other debtor - Interest Income
6,034
6,397
1,553
57
5,931
5,060
864
other debtor- Christmas appeal
Prepayments
3,819
186
Llabilities: Amounts falling due within one year
2024
2023
Mortgage due within one year
Accruals- giving including Christmas appeal
Accruals
8,865
5,303
8,288
6,084
Accruals for giving at 31 December 2024 comprises £5,303 for the 2024 Christmas appeal.
Liabilities: Amounts falling due after one year
2024
2023
Mortgage balance brought forward
Less., Repayments in the year
Mortgage balance carried forward
52,715
61,689
Due within one year (included within note 8)
Due after one year
The mortgage was advanced to assist with the purchase of a house at 2 Ivor Close
for Curate's accommodation. The mortgage is secured by a charge over the property
and additionallyi is supported by a guarantee provided by Guildford Diocesan Board
of Finance.
15

CliKIsTCtlURLII
PAROCHIAL CHURCH COUNCIL OF CHRIST CHURCH, GUILDFORD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
Fund Details
At31
December
2023
At31
December
2024
Income
Expenditure
Transfers
Unrestricted Funds
General Fund
127,097
233,234
1235,0341
{8,3021
116,995
Desi
nated funds
Property Fund
Fixed Asset Fund (net of
mortgage outstanding)
30,000
30,000
119,241
8,302
127,543
Total Designated Funds
Total unrestricted funds
149,241
276 338
8,302
157,543
274 538
233 234
235 034
Restricted Funds
Vison/Audio
Church organ
Prayer Books
Environmental
Youth, childrens & families
worker
Youth worker
Canterbury Care Centre
Vicar's d iscretionary f u nd
Restricted Gift
Defibrillator Gift
ABC Funds
Ukraine Appeal
Mulberry House
Christmas appeal
Total restricted funds
521
261
500
521
224
500
(37)
14,375
18,750
313
3,456
500
14,375
18,750
313
3,256
500
1,200
2,492
(200)
1,200
2,492
2,200
331
{2,2001
(48)
20
303
Total Funds
320 037
239 757
242 822
316 972
Designated funds are set up for the following purposes:
The property fund represents amounts set aside to meet future significant building
repairs and renewals.
The fixed asset fu nd represents the net book value of tang ible fixed assets after the
mortgage financing, to indicate that those funds are not available for other purposes.
Restricted funds are shown by the main purpose for which the funds were donated.
Funds transfer of £970 to the Ukraine appeal was to reclass 2022 miscoded funds.
10. Analysis of net assets by fund
Unrestricted Funds
Restricted Funds
TOTAL
Fixed Assets
Current Assets
Current Liabilities
Liabilities due after one year
Fund Balance
171,956
160,506
(22,376>
171,956
202,940
(22,376)
42,434
274 538
316 972
16

L 11 R I bT C 11 U KL 11
PAROCHIAL CHURCH COUNCIL OF CHRIST CHURCH, GUILDFORD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
ii.
Missionary & Charity giving and Christmas appeal
2024
2023
International
Iranian Church in Exile (CMS)
FAMadagascar
Wycliffe Bible Translators
Transform Burkina
1,000
1,000
2,000
1,000
2,000
National
Church Pastoral Aid Society
Count Everyone In
U niversity Christian Unions (UCCF)
1,000
1,000
1,000
1,000
Local
Christians Against Poverty
Guildford Besom
Guildford Town Centre Chaplaincy and Street Angels
Mulberry House
No, 5 (Guildford homeless trust)
Gu ildford Action
The Matrix Trust
Simeon Trustees
North Guildford Food bank
1,000
1,500
1,000
500
500
500
2,000
200
85
1,000
1,500
1,000
500
500
500
2,000
200
Seed Corn Fund
Total before Specific appeals
600
600
Ukraine Support
Christmas Appeal 2024 The Nazareth Way
Christmas Appeal 2024 Anglican International Development
Christmas Appeal 2023 - FAMadagascar
Christmas Appeal 2023 -Christians against poverty
Mulberry House
Total Christmas appeal
2,200
2,652
2,651
63
3,042
3,042
48
Total Missionary & Charitable Giving and Christmas appeal
Donations not raised through church events or general church giving are not shown. The
Seed Corn fund is to foster active mission relationships and typically makes small grants
to Church members undertaking missionary work.
17

L 11 li I ST CTri u RL 11
PAROCHIAL CHURCH COUNCIL OF CHRIST CHURCH, GUILDFORD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
12. PRIOR YEAR (2022) STATEMENT OF FINANCIAL ACTIVITIES
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 DECEMBER 2023
Unrestricted
Restrlcted
TOTAL
TOTAL
Notes
Funds
Funds
Funds
FUNDS
2023
2023
2023
2022
INCOMING RESOURCES
Voluntary income
Income from investments
2{a)
2(bl
2(c)
156,711
864
7,415
164,126
864
241,311
Income from Church activities
TOTAL INCOMING
RESOURCES
68,855
68,855
63,879
226,430
7,415
233,845
305, 190
Expenditure before project
spend
Project expenditure
TOTAL RESOURCES
EXPENDED
{179,265)
(7,147)
{186,412)
{7,199)
(215,498)
(28,806)
(7,199)
1186,464)
(7,147)
(193,611)
(244,304)
Net incoming resources
39,966
268
40,234
60,886
Balances brought forward at I
January
237,342
42,461
279,803
218,917
Balances carried forward at 31
December
277,308
42,729
320,037
279,803
18

PAROCHIAL CHURCH COUNCIL OF CHRIST CHURCH, GUILDFORD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
13. Prior year (2023) Fund Details
Fund Details
At31
December
2022
At31
December
2023
Income
Expendlture
Transfers
Unrestricted Funds
General Fund
97,075
226,430
1186,4641
19,944
127,097
Desi
nated funds
Property Fund
Fixed Asset Fund (net of
mortgage outstanding)
30,000
110,267
30,000
119,241
8,974
Total Designated Funds
140,267
8,974
149,241
Total unrestricted funds
237 342
226 430
186 464
970
276 338
Restricted Funds
Vison/Audio
Church organ
Prayer Books
Environmental
Youth, childrens & families
worker
Youth worker
Canterbury Care Centre
Vicar's discretionary fu nd
Restricted Gift
Energy Grant
ABC Funds
Ukraine Appeal
Mulberry House
Christmas appeal
Total restricted funds
521
261
500
521
261
500
14,375
18,750
313
3,456
500
14,375
18,750
313
3,456
500
1,000
(1,000)
2,492
1,293
2,492
2,200
331
(63)
970
331
42,461
7,415
(7,147)
970
43,699
Total Funds
279 803
233 845
193 611
320 037
19

CHRISTCHURCH
PAROCHIAL CHURCH COUNCIL OF CHRIST CHURCH, GUILDFORD
PAROCHIAL CHURCH COUNCIL MEMBERSHIP
FOR THE YEAR ENDED 31 DECEMBER 2024
Vicar
Rev Nick Williams
Clergy
Joel Wilmer (Curate)
Church Warden
Sallie Garrood
Fiona McGowan
Other Parochial Church Council members
Richard Algeo (from 21.04.2024)
Ros Barham (from 21.04,2024)
David Brown
Ray Bell
Colin Griffin
Jules Hall
Jeremy Hoar
Stephen Hofmeyr
Jill Holliday
Richard King
Nick Nicolaou
Adekunle Oyewumi (to 17.04.2024)
Jack Tian (from 21.04.20241
Rosamund Unwin (from 21.04.2024)
Linda Warner
Elisabeth Willis
Nigel Wright
{PCC Secretary)
(Treasurer)
PCC and Synod Representatives
Richard Algeo
Colin Griffin
Sallie Garood
Stephen Hofmeyr
(Deanery Synod Representative from 21.04.2024)
(Deanery Syiiod Representative to 21.04.2024)
(Deanery Synod Representative from 21.04.2024)
(Diocesan Synod Representative)
20