St Andrew'¢ Church The Good She herd Showing Godis love in everything we do The Parish of Medstead & Four Marks parishofmedsteadandfourmarks.co.uk ANNUAL REPORT And FINANCIAL STATEMENTS of the PAROCHIAL CHURCH COUNCIL for the year ended 31" December 2024 INCUMBENT: Rev Canon Howard Wright The Vicarage 22 Lymington Bottom Four Marks Alton Hampshire GU34 SAA BANK: Nat West Bank plc 38 High Street Alton Hampshire GU34 IBF INDEPENDENT EXAMINER., Laurie Powell Podwin & Co Hampshire House 204 Holly Road Aldershot Hampshire GU12 4SE CHARTERED ARCHITECTS: Radley House Partnership Radley House 8 St Cross Road Winchester Hampshire S023 9HX
INTRODUCTION- Howard Wright We began as a new parish on April 1st, bringing together the former parishes of Medstead and Four Marks. This has brought joy and opportunity, as well as challenges, as we have sought, from our 05d foundations to bring our best to the new arrangement. Our newly formed PCC held an extended away morning in early June from which emerged a common vision of wanting Yo Show God's Love in all we do., Since then, we have continued with much of what our formerly individual parishes were already doing whilst our PCC has wrestled with some of the challenges of bringing policies, procedures, and finances together. This was made more challenging with the absence of a treasurer for much of the vear. The St Andrew's community benefitted greatly from the leadership and support it received from Peter George-jones who had been elected as a churchwarden of the parish during the year. Unfortunately the differences in style, culture and management between the two now merged parishes meant that Peter found it impossible to continue in post and he resigned from his position with effect from the year end. Good foundations have been created, and a common understanding has emerged from which we hope this coming year we can move forwards with God's strategic vision for us. All that follows has been made possible by God's gracious kindness towards us and the faithfulness and generosity of his people. So, thanks be to our Father God, and thanks to you all His people. WORSHIP: Worship is all about giving God value, time and love, in anticipation of the day when, in the words of St Augustine'we shall do nothing otherthan ceaselessly repeat Amen and Alleluia with insatiable satisfaction., We are all made differently and therefore have our own preferred ways and music styles to help us focus our worship. Please continue to prayfor us all as we continue to explore waysto lead our combined church family to worship God in our services, our small groups, in the communityi and in our daily lives. Thank you. Worship covers more than singin8 in church services, and we have been pleased to lead worship elsewhere in our villages, events, including, carol singing and the acts of remembrance. At St Andrew's we continue to be grateful to all who are involved in the worship. Particular thanks go to Patrick and Wendy Busby who lead the music and choir, regularly leading worship at most communion services and major festivals throughout the year. The worship ministry at COGS is led by Chris McGrath who is happyto discuss any aspect of worship.. The Worship Leaders, musicians and singers at COGS have the privilege and challenge to continually seek ways to aid and enrich the worship experience of every member of our congregations. We draw from a wide and ever-expanding selection of hymns and songs, and are eternally grateful to God for His guidance each week as we make these choices. It has been a joy to watch the younger members of the tech team grow in confidence as they operate the live stream and Ea5y-Worship programs more regularly. We thank them, and more senior members of the teams, for their commitment- at the desk, or as members of the band. More volunteers are always welcome, do speak to a team member if you would like to be involved. PRAYER: Prayer is the powerhouse of the church. We have continued COGS practice of gathering monthly as a parish. The former COGS prayer chain now also extends to the whole parish and prayer is a key part of any of our small group meetings. We are grateful to everyone in the church, and further afield, who sustain the church's efforts through faithful and devoted prayer. DISCIPLESHIP: Within COGS our teaching series, usually further explored in our small groups have been: Re-Building, from Nehemiah Page 2
Being God's People, God's Church, from Philippians Being Jesus, from Mark 1-8. The King and His Rule Great Psalms V Jesus! Christmas St Andrew's local leadership has opted to continue to Use the set lectionary readings. We want to continue to listen to and respond to God through our teaching and small group activities. Led by Val Lucas, our small groups continue to change and grow, catering for different locations and attendance times. At present we have approximately 10 groups with around 100 church and associated members. Mostly the groups follow the weekly notes, but others follow a variety of study materials. For some of our members, due to Sunday commitments, the small groups are their weekly church, and we see God at work. We are grateful to those who organise, encourage, participate and continue to lead our small groups. YOUTH & CHILDREN'S WORK.. Our new youth and children's minister, Virginia, joined us in May 2024 and has since been overseeing the youth and children's work in the Parish. Virginia along with Howard visit both Four Marks and Medstead primary schools every Tuesday for collective worship. Both the schools visit their respective churches for Harvest, Christmas, Easter, and Summer leavers, services, and we have been called in to help with lessons. Virginia also volunteers at Four Marks school an hour a week to help children read and to get to know them better. Our COGS based Kids, Church continues to be conducted every Sunday in the church hall during the 9.30 church service. We are very grateful to the volunteers who give their support in leading and helping in Kids, Church, including the provision of one-to-one support for the children with additional needs. Our parish youth meet at COGS during the 9.30 service every second and fourth Sunday in the upper room. The young people also actively volunteer themselves during Sunday services to help in Kids, Church and Creche, along with operating Easy-worship, and reading the Bible readings in church. Our Monday youth club for young people from year 6 to 13 continues to meet weekly in the church with Virginia, David and Andrew leading, with the support of othervolunteers to help in the kitchen. The number of young people has grown and currently there are 12 regular attendees to this group. It is a wonderful environment for young people to engage with one another individually and in groups through games, crafts and other fun activities. They also have the opportunity to hear from the Bible and have discussions and interactions durin8 the talk. Virginia is progressing in making connections with Perins, secondary school in Alresford. She will hopefully soon be starting with taking assemblies, RE, and Life Study lessons in the school. Also, Virginia has been building connections with the other local youth workers in the area, which we hope will lead to collaborative projects in the near future. Church Primary School-As a parish, we continue to support both Four Marks and Medstead school with lessons, services and collective worships. Medstead School received a positive SIAMS report in 2024. We are grateful to Tracey George-jones, who serves alongside Howard as a foundation governor at Med5tead, and to Alice Marshall who serves alongside Howard as a foundation governor at Four Marks. We are also grateful to Mike Smith who has served Four Marks school in recent years with exceptional work in a number of roles (including chair) on the governing body at Four Mark5 School before stepping down this year. FAMILY: Jane oversees COGS Messy Church, an all-age, Christ-centred monthly celebration seeking Page 3
to provide opportunities for familie5 to know and share the love of Jesus through creativity, hospitality and celebration. Messy church, held at the Good Shepherd, continues to see growth both in numbers and in depth of relationships with each other and with God. Over 2024 our young leaders team has grown and developed with 3 new young team members joining in September. Over 40 families connected with Messy Church throughout 2024,161 adults and 75 children). Crafts, games and food were provided to over 460 adults and children {plus team) over the year. Jane oversees both ourweekly group forfamilies with babies under 12 months, COGS Tiny-Tots, and our monthly toddler group, COGS Tots, for families with children aged 4 and under. COGS Tots continued to develop during 2024, using both bible stories and popular children's stories to explore a biblical message. In addition, Jane expanded these story themes from Tots into our three local preschools,. Heydays, Butterflies and Medstead, with weekly visits, creating a year's curriculum of stories built around biblical messages. Heydays and Butterflies preschool also enjoyed visiting The Good Shepherd for Easter, Summer, harvest and advent celebrations. Medstead preschool enjoyed a harvest visit to St. Andrews church followed by story time in the church hall. We were delighted to again host nativity performances to parents for both Butterflies and Heydays preschools in December, We have amazing teams supporting all our family ministry areas; they continue to adapt and serve as we seek to show God's love in everything we do and meet the needs of local families; however, our Tuesday Tots team are struggling with the growing numbers visiting each month, with a wider team this group has a huge potential for deepening of relationships and discipleship. Jane continues to develop relationships with individual families in need and community groups including helping weekly at Medstead Toddler group Jane worked alongside Howard and Virginia throughout 2024 in planningfamily events at The Good Shepherd, including our: Easter and nativity trails, summer Messy Monday club for the whole family, and the Crib service. In the summer Jane arranged for both St Andrews and The Good Shepherd to host a meet for families with children starting reception class at Medstead and Four Marks primary schools. Community cupboard: Jane continues to play a key role in developin8 our weekly Community café, creating a community space for all ages to come together alongside the community cupboard; seeking to prevent food from going to landfill. Kids Church Families: Jane continues to create opportunities for our Kids church families to gather together, building stronger relationships, 2024 gatherings included a Kids church pancake party, a campfire, an Easter bake off challenge and Christmas movie. PASTORAL: As with both our former parishes we seek to be a church loving and caring for each other. There is significant mission and ministry within our communityto children, families, and older folk. We maintain a regular service at Westlands Home, and Belford House bring residents to our events. Fifteen funerals were held across the parish. Going forwards, we have a need to establish a pastoral team. MISSION.. Our parish has remained outward focussed with many of our activities having a missional impact. We continue to bless our local community and give to our wider church family beyond what we receive back. There is work to do across the whole parish, and new initiatives such as the Medstead Family Church which will meet in St Andrew's Church Hall, monthly on Sunday afternoons, is a good start to the opportunities we have to share the Good New5 and make disciples across our communities, THE PCC: 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 a Registered Charity, The method of appointment of PCC members is set out in the Church Representation Rules. PCC members are elected congregation members who are on the electoral roll of the church. Members Page 4
of the congregation are encouraged to register on the Electoral Roll and to prayerfully consider standing for election to the PCC. The PCC members are responsible for making decisions on all matters of general concern and importance to the parish including deciding on how the funds of the PCC are to be spent. Before the merging of the two parishes on 1st April, COGS PCC met twice before they joined, with an average attendance of 77%. After 1st April the Pccof the newlyconstituted Parish of Medstead and Four Marks met seven times, with an average attendance of 76% The Annual Average Attendance over nine meetings was 76% An additional annual away-day retreat was held at Binsted in June. FINANCES: Bringing our two accounting systems together has presented some significant challenges. The challenge became harder when our treasurer Claire MacPherson, for good personal reasons had to step back in the summer. We want to record our gratitude to her for leading COGS for the previous couple of years and then us together over the first few months. Upon our merger, we continued the COGS arrangement of employing Tori Hewitt as our bookkeeper, and since the summer she has managed superbly to keep us functioning financially during the gap between treasurers. We are delighted to report that a new treasurer, Mr Chris Nunn, was appointed at an Extra PCC meeting in February 2025. The detail of our income and expenditure is contained in the accounts. We have two significant lines of expenditure in our accounts. The first is the Common Mission Fund, which enables the mission of our whole diocese, including covering the costs of clergy. And the second is our employed staff who work tirelessly on our behalf, enabling mission and ministry as reported in other sections of this report. With have one main line of income, and that is the donations from our church members. We are very grateful to God and his people for their generosity. By this we have been able to keep our buildings in good order as recorded in the buildings section, run regular and numerous special/seasonal services, and conduct mission across our parish, including, in our schools, among young children, youth, and their families, and among the older members of community. Though we faced a significant deficit in the early autumn, which had for the most part been anticipated and budgeted for by COGS, by God's grace, and people's generosity we finished the year with just £9,000 {approx.l in deficit, which is covered by previous years surpluses. By the grace and faithfulness of God and the generosity of his people, we are able to move forwards with confidence. We will face challenges this coming year120251 and we will need to work with our new treasurer to ensure a stable foundation from which we can launch in faith for all that God has for us, THE BUILDING AND FABRIC: At St Andrew's, the Parish Council responsibilities for the churchyard, contracted to PJ Grace along with other public spaces in the village, have been completed regularly to a good standard. The hedge adjoining School House to the Hall Car Park has been cut and cost shared with the owner of School House. The Hub on Trinity Hill, was emptied and returned to the diocese in July 2024. The 5-year annual inspection of the fixed wire electrical installation of the church was carried out in January 2025, required to comply with the IET wiring regulations. The inspection was carried out by an appropriately qualified contractor. A certificate of inspection was duly issued. The inspection revealed a small number of non conformances scheduled on the certificate. The works to remedy the non conformances were completed in February, and a certificate of completion was received. Every 5 years, church buildings must be inspected by a suitably qualified and experienced individual, appointed in consultation with the DAC (Inspection of Churches Measure 1955). The church building inspection was due in 2024 and duly completed by CTA {approved DAC contractor) in December Page 5
- The report identified l item needing urgent attention, which has now been computed (the 5- year electrical inspection). There were 5 items that needed attention within the next 18 months and 9 in the next 5 years. The LCG will need to develop a plan to address these within the recommended timeline. 2 items needed further inspection, a leak near the south door and the rafters of the south side of the nave, The leak has been remedied but any action in respect of the rafters will need to be considered by the LCG. The work to the bells and their fittings were returned and installed in August 2024 by Whites of Appleton, in line with the PCC'S direction. Some subsequent issues with the connectivity to the clock were dealt with (by Smith's of Derby) and both bells and clock are now operational. Church heating- the heating failed in October and a new pump was required. This was replaced but with a few events where the environment was cooler than ideal. There have been no further issues relating to the pump. There does appear to be an issue with the heated water circulation system dropping pressure, resulting in the boiler cutting out on the safety valve. This is being monitored and managed but may require further work in 2025. Hall roof - issues have been identified with the Hall roof, linked to broken tiles as well as blockages and degradation of the rainwater systems. Works have been commissioned for February 2025. The works will also include the remediation of the leak in the church roof near the south door, linked to water penetration emanating from failure of the lead flashing considered to be due to impact of the weather. The Hall upper floor has been divided to create a carpeted and decorated meeting room as well as an additional storage area. The printer/copier has been relocated from Hub to Hall. The area behind the organ has been cleared and material disposed of. This has created a store for the staging and other large items. Planning is underway to enable improvements in wheelchair access to the chancel. A review of the fire risk assessments for both Church and Hall is planned in the first half of 2025. Many people have given of their time and expertise to keep the buildings safe and in good order. Thanks should be recorded to; David Hayward for his excellent management of the bells and clock project (and providing invaluable consultancy in respect of heating systems and several other technical matters). John Lofthouse and Stephen Blackshaw for their management of heating systems in church and hall respectivelv. lan Jurd for his work on the creation of 2 very usable spaces in the Hall on the 1st floor and on the creation of the new organ store. Stephen Blackshaw and Roger Gilbert for their help with the organ store conversion. lan Trotterfortaking on the management of the H&S compliance of the hall, and also for the leadership of the hall roof project. lan Hainsworth for his diligent execution of the Hall H&S compliance role for several years. At the Good Shepherd we are, as always, extremely grateful for all the effort that the Building Team and other volunteers put into the projects that arise and the ongoing maintenance. The work that has been undertaken throughout the year include the following: The gardenin8 and grass-cutting have been carried out, together with the hedge cutting. M05s and debris have been removed from the roof and rainwater outlets cleared. The annual fire system check has been carried out. The lightning conductor has been tested and confirmed as satisfactory. The leak in the flat roof (which is seen over the ramp inside the 5anctuary} has been temporarily repaired and consideration is being given as to how best to deal with the problem more permanently. We are approaching roofers to obtain advice and estimates. The solar panels have now been completed and are operational. Page 6
The proposed works in refurbishing the hall kitchen are ongoing. We have received from an Architect some plans, and we are in the process of obtaining an estimate of cost. The process is likely to take some time, as Planning, Building Regulations and DAC approval are required. We have repaired the valleys adjacent to the tower. The tower has received water repellent treatment. Unfortunately the wooden louvres on the tower will need some attention although this is not immediate. We have installed bird spikes around the base of tower louvres to prevent pigeon mess to the front door area. Various electrical items have been carried out- mainly replacing faulty lights. It is to be noted that at times these works involve materials that are kindly donated. These costs obviously do not appear on the accounts, and thereby do not give an accurate reflection of the actual costs involved. We will be in need of a working party for a number of jobs around the Church and the grounds in the Spring, so volunteers welcomel Deanery Synod: Alton Deanery met three times last year - February, July and October. It also had the opportunity to join Bishop Philip for lunch in Bentley as part of his visit to the Alton Deanery. As part of the Deanery's work on Clergy wellbeing, the Deanery representatives, with the Church Wardens, met with Howard to discuss how the Church could support him. The report to the PCC noted his need for volunteers to come forward, particularly a Treasurer and a dedicated Safeguarding Officer, and to support Pastoral visiting. A report was also submitted to the Deanery on the extensive work PMAFM carried out with children and young people in the Parish, from babies to teenagers. And Finally: We remain so grateful to God for his blessing and provision. Our Heavenly Father continues to bless us with so much. Our greatest resource is his Holy Spirit living in us who gives us strength to live and guarantee5 our future in God. Our second greatest resource is each other! Without so many playing their part (See Ephesians 4.11-16, especially v.161 the church would collapse. Without the prayers, skills, time, energy, financing, and love of God's people we would not even be a churchl So, thank you again. So many give of their own resources but a special thanks to our wardens, our whole PCC, and of course our excellent staff team. Please continue to pray and work with us all as we move forwards together that we might be increasingly effective as disciples, in making disciples of Jesus. Page 7
Statement of responsibilities of the trustees The trustees (members of the PCC) are responsible for preparing the annual report and the financial statements in accordance with applicable law and the United Kingdom Generally Accepted Accounting Practice (UK GAAP). The Charities Act requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity at the end of the year and of the surplus or deficiency for the year then ended. In preparing those financial statements, the trustees are required to: select suitable accounting policies and then apply them consistently make judgements and estimates that are reasonable and prudent state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements. and prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011. The trustees are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Page 8
Incumbent: Revd Canon Howard Wright Members of the PCC are either ex officio or elected by the Annual Parochial Church Meeting IAPCMI, in accordance with the Church Representation Rules. The PCC is required, as stated in the Parochial Church Councils (Powers) Measure 1956, to co-operate with the minister in promoting in the parish the whole mission of the Church, pastoral, evangelistic, social and ecumenical. During the year the following served as members of the PCC: Incumbent.. Revd Canon Howard Wright, Vacant Curate.. Churchwardens.. th Mr David Duffin, (resigned w.e.f. 24 May 2024) IRe-elected churchwarden 9th February 2025] Mr Peter George-jones. (elected 16lh June 2024, resigned w.e.f. 31s1 December 20241 Mr Andrew Walters, Representatives on the Deanery Synod (all until APCM 2027) Mrs Jacqueline Jurd Mr Frank Malonev Mrs Pamela Maloney Mr David Williams, land PCC Secretary) Elected members.. HH Jeremy Griggs Mr Timothy James Mrs Tracey George-jones Mr John Lofthouse Mrs Jill Williams Mr Peter George-jones Mr David Duffin (until APCM 2027) (until APCM 2027) (until APCM 2027, but resigned w.e.f. 20th November 2024) {until APCM 2026) (until APCM 2026) th {until APCM 2026, but elected Churchwarden, 16 June 2024} (until APCM 2026, co-opted 16th June 2024, but re-elected churchwarden 9th February 2025) (until APCM 2025) (until APCM 2025) (until APCM 2025 lalso Assistant Churchwarden] Mr Robert Meekums Mr lan Trotter Mrs Debra Barnes Co-opted members.. Mrs Claire MacPherson ITreasurer}' (resigned w.e.f. 3rd September 2024} Mr Chris Nunn (Treasurer), Ih (appointed 25 February 2025) 'Denotes member of Standing Committee) 'Denotes guest/non-voting member of PCC) There were 245 parishioners on the Electoral Roll. The average Sunday attendance, counted durin8 October, was 153 in church (with an average of 25 views online). The PCC has complied with the duty under section 5 of the Safeguarding and Clergy Discipline Measure 2016 (duty to have regard to the House of Bishop's guidance on safeguarding children and vulnerable adults). If you have any questions, do speak to a member of PCC or our Safeguarding Officer, Matt Senior. Page 9
Reqistei-ed Cliarity No.. 1132545 TIIE PAROCHIAL CHURCH COUNCIL OFTIIE ECCLESIAsficAL BENEFICE OF MEDSTEADAND FOUR MARKS Foi. the yecir ended 31 December 2024 Unrestrlcted Deslgnaled Restricted Funds unds uiid5 Total 2024 Tot171 202J Note Iiicoiiie aiid eiidowiiienls from: Doi)I1tloiis É1nd legacle.% 223,152 46,098 7,653 276,903 206,402 6.2 10,229 4,653 14,882 1,007 Iiivestments 4,584 4,584 2, 771 other 5,917 5,917 3,400 Toial Income an(1 endowments 243,882 46,098 12,306 302,286 21.3,580 Expendlture on: Char5table act5vltles Z46,220 2,215 9.627 258,062 Z06,367 Total expeiidltiire 246,220 2,215 9,627 258,062 206,367 Net Iiicome/[expendlture) (2,338) 43,883 2,679 44,224 7.213 TrKl1)sfers In between fiinds Ti'ansfers out between fuiids 636 [636) Net Inovement In fiinds (2,338) 43,8B3 2,679 44,224 7,213 Fiinds broiight forward I laniiary 2024 Fiiiids11)ti-odiices by Medstead l Aprll 2024 71,420 73.750 1,658 542 3,068 118.546 76,146 192,838 68.933 Fiinds cari'led forward at 31 DeceIiiber 2024 142,832 46,083 124.293 313,208 76.146 The Iiotes on pages 3 to 9 form part of these accounts. Page I
Registei-ed Cliai'ity No.. 1132545 'rHE PAROCHIAL CHURCH COUNCILOFTHE ECCLESIASTICAL BENEFICE OF MEDSTEAD AND FOUR MARKS Balance Sheet at 31 December 2024 Unreslrirted Desigiiated Restricted Fui)ds Total 2024 Tot¢il 2023 Note Fixed Assets 'raiigihle assets 1,037 117,546 118,583 2,.5,54 1,037 117,546 118,583 2,554 Ciiri'eiit Assets l)cbtoi's 51iui't tei'm deposlts io 34,613 5,970 785 41,368 7,972 117,374 39.077 10,625 167,076 J4,lJ9. 151,988 45,047 11,410 ZO8,444 77,867 Ci'edltol's: aiiioiiiit5 fiillliig diie wltliln one year (9,156) [4,6631 [13,819) (4,275) Net current assets 142,832 45,047 6,747 194,625 73,.592 Total assets less cui'rent Ilabilitles 142,832 46.083 124,293 313,208 76.146 Ci'edltors; amounts falllng due after one year Total Net assets 142,832 46,083 124,293 313,208 76,146 Unrestricted Funds Ilestricted Fplinds 142.832 46.083 188,915 124,293 73,078 3,068 124,293 Total Fuiids 142.832 46,083 124,293 313,Z08 76,146 Approved by the Parochial Church Councll and sl8ned oll Its behalf on April 2024 Rev.Cai)on Howard Wrlght (Vicar) Davld Duffin (Chiirchwarden) Aiidrew Walters (Chlirchwardeii) Clii'is Nunn (Treasurer) The notes on pages 3 to 9 form part of these accounts. Page 2
Registered Churity No.. 1132545 THI PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASI'ICAL BENEFICE OF MEDSTEAD AND bOUR MARKS Notes to the Anniial Accoiints roi. the year ended 31 Deceinber 2024 Accoiintlng Pollcles I'lie ¢lCCQLints h1( ve bcen prepai'ed iii accordance with the Finiillciiil Reporting Standard applicable iii the Ui)ite(I Kiiig(Iuii) ¢iiid IIL'I)Iiblic of Irelan(l (I".IIS 102) ciiid witl) the Chai'ities Act 2011. "I'l)ose iTrCCOllI)ts have beoi) pi'epai'ed undei. the histOl'iC¢il cost conveiitioii witli iteii)£ recognised rflt co.%1 oi. tl'ill)SilCti(111 Viilue Lll)les8 otherwi.se stated iii the i-elevant notes to these accoui)t.s 'l'l)ey iiiclude it11 ti'till%¢l¢.tinn%, 18set.S clll(I lidbilitie.s foi. which tlie PCC is res1)onsible in law. 'I'lie i)I'esentatioii cui'i'ei)cy is L stL'I'liii&'. incllide tlie Ir¢l1)5actions of infoi-nial gatherings of chui'ch meinbei's. a) Funds Restrlcted Fiinds repi'esent donations or grants received for a specific object. Tlie funds iiiay be expended oi)ly oil the specific object for which they were given. Should the nature of tlie object theii chaiige oi. be LdllLelled, Fiiiids 111IK y be trclnsfei'i'ed to Uiii'esti'icted FLind5 oiily witli i)ci-111155ioI) of tlie oi'iginal doiior. Any balance I'eii)ciiiiiiig 111)5pei)t at tlie eiid of tlie year is cai-i-ied foiwJrd as il balaiice On thilt I,'uiid. Deslgnated Fiinds represent donations or grants received foi- an assigned/mai'ked piirpose. These fiinds al'e iiot I'estricted should the nature of the object change or be cancelled, the fuiids may be transfei'i'ed to Unrestricted Funds. Unrestrlcted (General) Funds represent the funds of the PCC that are iiot subject to any I'estrictioiis regai'diiig their use and ¢ll'e available for the general purposes of the PCC. Funds designated for a particu121' pul'pose by the PCC are also unresti-icted. b) Income Donatlons l?l[11)IILcI giving, collections and donations are recognized when received. Planiied giving receivable uiidei. gift ald is also recogniLed only when received. Tax recovei-able on glft aid donations and the gift aid sii)all donlltioiis scheme is incliided when the income is accounted for. All income is accounted for gross [befoi'e deduLtioii of expenditure). Incomefrom Investments Iiitei'est entitlements are accounted for as they accrue. Grants and Legacles Gi'c111tS 1( n(1 l.egcicies 1( re recognised when the PCC Is notified of its legal entitleinent, ai)d the aiiioiiiit dLie aiid its Liltiiiiate receipt are reasonably certain. Other Incoine l.Iiii(l% I ciise(I hy activities are accounted for gross, Voliiiiteer help 'I'l)e Vdlue of aiiy voluntary help received 15 not included In the accounts, c) Expendlture Charltuble activltles Missionary and Chdi-itable giving (Grants) are accouiited for when an oiitflow of economic beiiefit is pi'obable. It h1( s b.een hitherto the continuing policy of the PCC in 2024 to make grants each year fi'om donors for genei'al purposes. The diocesan parish share is accounted for when paid (monthly]. Should any unpaid portioi) exist at the eiid OF the year, this would be regarded as an operational (though not a legal) liability and shown in the Balance Slieet as a ci'editor. All other expenditure is generally recognized when it is incurred and is accounted for gross (not offset against income). Page 3
Registei'ed Cliarity No.. I1.72.545 THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL BENEFICE OF MEDSTEAD AND FOUR MARKS NotL.s to the AiinLllÉ l Accoiiiits Foi. tlie yeai. ended 31 December 2024 d) Fixed assets Consecrated property and moveable chiirch ftiriilshings Con%e'crate(l <ind beneficed pi'opei'ty of any kind is excluded froin the accounts by the Cliai'ities Act 20 11. Move<ible chLircli fiii'nishings held by the Vicar and Churchwardens on special ti'ust for the PCC, ancl which reqiiii'e <7 facLilty foi. clisposal, are accounted as iiialientible pi'opei'ty iinlcbss cunsL>ci'cltLcI. Thc'y <l1'L' listed iii tlie chui'Lh's Iiiventoi'y an(1 can be inspected at any I'ea8011É1blL' tinie. Foi. ijilc liL'iiablc' Iii'oi)Lll'ty acqiiiT'ed i)I'ioi' to I Ic1niiai'y 2000, there is insiifficient cost iiifoI'iiiatioii av£iilablLi aiid thL*I'efui'L SULII as.%etS Ill'e not valued in the financial statenieiits. Otherflxtures,flttlngs aiid office eqiiipment Items of equipment acquired since I january 2000, and within an ovei'all project cost of nioi'e than £1,000, al'e capitalised and depreci¢lted on a straight line basis ovei. theii. anticipated econoniic life, usiially 3 01. 4 years. Items costing El,000 or less are wi'itten off when acquii'ed. e) Net Current assets Amoiints owing at the yearend in respect of income tax recovei'able on gift aided income, fees or otliei. income are shown as debtors. Short term deposits represents cash held on deposit with the Winchestei. Diocese on one month's notice, Cash at bank and in hand I'epi'esents funds held at National Westiiiinstei. Baiik. 2024 2023 Employee emoluments Gl'oss salaries Eniployei s national insiirance Stiltatoi'y Matei'nity Relief Received Peiision aiid life iiisui'ance coiitributions 66,303 5,803 56,551 4,270 (8,759) 2,388 74,494 54,.581 Average number of employees during the year Fees payable to the Independent examlner In(lepen(leiit exan)ination Othei. sci'viLes I,OBO 720 1,080 720 Transactions with members of the PCC The aggregate amoiint of donations received by the Church fi-oni Ineinbers of tlie PCC aiid/oi' their spouses was £86,885 (2023.. £43,702). of which £40,750 related to I-esti-icted and designated pi'ojects. Page 4
Registei-ed Cliai-ity No.. l 1.72.545 THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL BENEFICE OF MEDSTEAD AND FOUR MARKS Nate.5 to tlie Aniilial Accolints Foi- the year ei)(led 3 1 December 2024 Church Workers Penslon Fund (CWPF) Draft FR5102 Wordlng - December 2024 Year End EMPLOYER participates in the Pension Builder Scheme section of CWPF for lay staff. CWPF Is administered by the Church of England Pensions Board, which holds the CWPF assets separately from those of the Employer and other participating employers. CWPF has two sections: the Defined Benefits Scheme the Pension Builder Scheme, which has two subsections; a deferred annuity section known as Pension Builder Classic, and, a cash balance section known as Pension Builder 2014. Penslon Bullder Scheme Both section5 of the Pension Builder Scheme are classed as defined beneflt schemes. Pen51on Bullder Classlc provides a pension, accumulated from contributions paid and converted into a deferred annuity during employment based on terms set and reviewed by the Church of England Pensions Board from tlme to time. Discretionary increases may also be added, depending on investment returns and other factors. Penslon Bullder2014 is a cash balance scheme that provides a lump sum which members use to provide benefits at retirement. Pension contributions are recorded in an account for each member. Discretionary bonuses may be added before retirement, depending on investment returns and other factors, The account, plus any bonuses declared is payable, unreduced, from age 65. There is no sub-division of assets between employers in each section of the Pension Builder Scheme. The scheme is considered to be a multi-employer scheme as described in Section 28 of FRS 102. This Is because it is not possible to attribute the Pension Builder Scheme's assets and liabilities to specific employers and means that contributions are accounted for as if the Scheme were a defined contribution scheme. The pensions costs charged to the SOFA in the year are the contributions payable 12024: £1936.39, 2023: £451.98). A valuatlon of the Penslon Builder Scheme is carried out once everythree years. The most recent valuation was carried out as at 31 December 2022. For the Pension Builder Classlc section, the valuation revealed a surplus of £34.8m on the ongoing assumptions used. At the most recent annual review effective l January 2025, the Board chose to grant a discretionary bonus of 6.7% to both pensions not yet in payment and pensions in payment in respect of servlce prior to April 1997; and a bonus on pensions in payment in respect of post April 2006 service so that the pension Increase was 2.7% Iwhere usually it would be calculated b35ed on inflation up to 2.5%). This followed improvements In the funding POSltion over 2024. There 15 no requlrement for deficit payments at the current time. Page 5
RL%FtsterÉYlCliarttJiNo.- 1132.545 TIIE PAROCIIIALCIIURCH COUNCILOFTME ECCiESIASTifAL BENtr.FICE OFMEt)STEADAND FOUR MARJ(S orrheyearended 31 Decernb¢r 2024 Uthrestrfcred DesiKTraied Re5tr1cied FUNIS Funds trknnds Tntal 2024 Twl 2023 &1 Tr0tt4iitsns4nd leRAcles 23,078 1075 163.284 11.7.00.5 Parlsh flvln8 Tax rcty)vrrkble on Rlft ald Oilier planncd#lvlThR CDlle<114His- all scrvlros Lw¢leJ 1.116 3&336 26,Y3rf 14M3S &wo 5,770 17,LN)O 873 560 3,145 41.979 44.24)4 18.230 5.000 35,901 14,508 12..729 221152 4&098 7,653 276.903 ZOA402 &2 ChRrltablt thcllvltl¢• GralS rocelved from IA)cl Aut•d othff 941 S.2Bg 6.072 279 soo I,Boi 1.136 &072 279 4.153 Hall l.ctdnR5 SUdry Income YDuih pr%>leits PCf.'s shar of weddlfiRandfuneral Ires J80 500 82Y 10.229 1,653 14.882 1,007 &3 Inve.Ilmcthts Inttrost on bankanddewsll•¢¢OIITr¥S 4,S84 4.584 4.584 2,771 &4 Oth¢r .mployinEbi allowattlIncatsrn1ry1 Other lThc Phvto¢opyln S.471 446 5.471 446 1399 5.917 5.917 1399 Totol Incomt 243.882 46.098 12.306 301,286 213.580 Page 6
RegISted Cliority No.. 1132545 THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIAsficAL BENEFICF. OF MEDSTEAD AND FOUR MARKS Notes 10 ihe Anniial Accoiints I,'or the year en(le(131 December 2024 Unrestrlcied DeslEllated Restrlcted Funds Funds rui)ds Total 2024 Totrtl 2023 Anaylsls of Expendlture Charltable actlvltles mi5sloiiaiy an(1 chai'lt¢?ble glvlng {5ee pa8e I 1]: MlssSont1ry socletles Ilellefind (Icvelopmenl agencles Trloiiie n)1.ssions and other church 50cletles Secular cliarltles 1,200 2,744 875 3,944 875 400 3,420 5,950 1,190 65 20 400 400 3.020 2,000 6,639 B,639 7,226 Mli)15ti'y'. Coiiii)ion Mlsslon Fund (Parlsh share) Clei'gy expenses Inclu(Ilng curaie Ediic¢ltloi) of cliurch leaders Costs of adLIIt mlnlstry Yoling CIILirch.. Costs of eniployln& yoiith worker Other costs of chllili'en's and yoiith mlnlstry Costs of employlng f11 mlly worker Other. costs of fainlly worker Messy Chiircli costs Upkeep of servlces Electricity and water Iiisiirance Cleanlng RepÉ11rs and maSntenance Depi'eclatlon Vicar's discretlonary paymenis Cost of soclal events Parlsh admlnlstri# tor's wages Prlntlng, St7 tlonery and photocopylng Telephone + WIFI Siiii(Iry expenses Bank fh.1rges Bookkeeplng costs Pi'ofessloiial fees 113,196 730 177 113,196 730 177 110,982 1,033 21.368 239 35,858 2,027 1.482 4.091 16,788 3.458 2,239 11,588 895 21,368 346 35,858 2,027 1,482 4,091 16,788 3,458 2,239 13,181 1,517 4,S08 401 33,BBS 2,164 1,132 2.997 8,370 1.437 1,406 5,360 1,572 107 1,593 622 483 17,287 1,045 1.895 4,676 493 3,125 1,080 483 17,287 1,045 1,895 7,557 493 3,12S 1,080 16,IB8 816 1,053 1,630 450 3.038 720 2,881 Total expendlture 246.220 2.215 9.627 2S8,062 206.367 Page 7
Refjistered Cli(7rity No.. 113254. THE PAROC.HIAL CHURCII COUNCILOF THE ECCLESIASTICAL BENEFICE OF MEDSTEAD AND FOUR MARKS Nutes ti) tlie Ai)Iiu.I1 ALLOUJIIS riOI' Il)e year elided 3 1 Deceillber 2024 Uni'eslricted Desigiiated Restricted Funds riinds Funds Total 2024 Total 2023 Fixed assets Me(Istea<l 141111 flxed Asset Me(Istea(I Ilall fiirnlture 114,177 3,369 114,177 3,369 rixtiires, flttlngs iliid equlpment Cust bi'uii&Jlit foi'wLlI'II A(Iclitloiis ¢11 cost Disposals at C05l 13,931 1,866 12,443 28,239 2IR,239 Cost carrled forward 13,931 1,866 129,988 Z8,239 211,239 Dei)reclatloi) brought forward DeprecSatioii 01) disposals Depreciation for year 13,036 207 IZ,442 25,685 24,113 895 622 1,517 1,572 Depreclatloi) carrled forward 13.931 829 12,442 27,202 35,685 Net book valiie at 31 December 2024 Net book V111e t7t 31 Deceiiiber2023 1,037 117,546 IIB,S83 2,260 2,554 2,260 2,260 10 Debtors 'rclX i-ecoverable Prepayments and accrued income 27.737 6.876 5,970 785 34,492 6,876 5,993 1,97B 34,613 5.970 785 41.368 7,972 I l Llabllltles falllng diie wlthln one year 888 7,409 860 4,663 5,550 7,409 860 3,9.12 2,128 (1,7115) Accriials PA YE oiit518ndSn8 9,156 4,663 13,819 4,275 12 Anlllysls of Restrlcted funds . Current Year Funds broiight forward Incomlng resoiirces Outgolng re50ur¢es/ transfr Funds cari'led forward 2024 carrled foi'wnrd 2023 St Michaels Hosplce Clilldrens Society K<ll-¢lmoja 500 186 2.744 125 548 1,164 1.372 500 186 2,744 125 548 1,164 1.372 2.881 107 TfAlI f•iind Foodbank Bi'it15h'Legion EHDC for Holiday@Home Yoiith Work 2.881 187 2,1181 187 500 580 3.068 7,139 9.627 580 3,068 Page 8
Registered Chai'ity No.. 1132545 THE PAROCHIAL CHIJRC.H COUNCIL OF THE ECCLESIASTICAL BENEFICE OF MEDSTEAD AND FOUR MARKS NotL'5 to tlie Aiiniial ALLUUI)ts Ful- the yeai. ei)(le(131 December 2024 13 Analysis of Restricted funds- Previous Year Funds brought forward Outgoii)g I'esoiirces/ tl-<insfers Fuiids Fiinds ari'ied carried foi'wai'd foi'wai'(I 2,023 2022 resoLirces Bey(Iii(I the Sti-eets Cl)il(Ii'L'I)s Society Oiici) l)uors K<ll'c11noja 'I'LAII F,'Iii)d Ii)tL'I'llcltion Needs Mcil¢lWi Alton fioodbank Clii'istiai)5 Agaiiisi Povei'ty LI I DL foi. Floliilay@Honie Yuiith Woi'k 20 20 4,600 950 20 220 33 33 4,600 950 20 220 33 33 260 .593 3,141 2,881 187 3141 780 3.141 6.656 6,729 3,068 3,141 14 Statement of financial activltles - Previou5 year (showlng analysls by funds) Unrestricted Designated Restricted Funds Fuiids Total 2023 Income and endowments from Donations and legacies 198.464 1,875 6,063 206,402 Charitable activities 1.007 1,007 Investmeiits 2.771 2,771 Other 3,400 3,40 Total income aiid endowments 205,642 1,875 6,063 213,580 ExpeJ)dSture on Chcll'ltable activities 199.898 593 5,876 206,367 Total expendSture 199,898 593 5,876 206,367 Net Inconiel(expendlture) 5.744 1,282 187 7,213 Transfei's in between funds Transfers out between funds 260 (376) 376 636 (636) (260) Net movement In funds 5.628 1.658 [73] 7,213 Funds brought forward at I january 2023 65.792 3,141 68,933 Funds carried forward at 31 December 2023 71.420 1.658 3,068 76,146 Page 9
Registered Cliai'ity No.. 1132545
MARKS
Iiidependcnt examiners, report to the Parochial Church Council
Foi. the yeai. ended 31 Decembei- 2024
I i-eport on the anniial accounts of the PCC for the year ended 31 December 2024, which are set OLIt i)n pages I
to9,
Respectlve responslbllltles of the PCC and the examlner
The PCC Is I'esponsiblc for the prep,1ratlon ol the accoiints. The PCC cnnsidei's that Ic n aiidit is not i'eqiili'ed fDI'
tIIis yLrl1' Llli(lei' sectioii 144 ()f the Chai'ities Act 2011 (the Chai'ities Act) aiid that ali iiidL'penclcnt exaii)illc1tii)n
1.% iieLiclc(l. It is niy I'esponsibility to..
[1) ExÉlmlne the <iccoiints linder Section 145 of the Chai'itie.s Act
[2) To follow the i)I'ucedLires laid clown in the general dii'ections given by the Chai'ity Commission linder
sL'Ltion 145(5){b) of the Ch
Re9lStered Charity No.. 1132545 THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL BENEFICE OF MEDSTEAD AND FOUR MARKS Aiialysis of Missionary ai)(I Charit1c ble Giving For the year ended 31 December 2024 2024 Restricted funds 2023 Res'ti'icte(I fiiii(Is Geiieral fund Cieneral fund MISSIONARY AND CHARITABLE GIVING Mlsslonary socletles ALliiiii foi. Meetiiig Lv¢ingelical Needs K11 I'cllllojcl I,'Lind Mission Aviation Fellowship 1,200 2,744 1,200 150 4,600 1,200 2,744 1.350 4,600 Rellef and development agencles St Michi1els Hospice Intei-natlolllc l Need5 Tec)I' I",111)d 500 20 950 220 548 125 1,173 1,190 Home inlssions and other Church Societles Altiiii Cliniate Action Network Altoii l.'oodbank Christlcins Against Poverty 400 1,164 33 33 400 1,164 67 Secular charltles Bi'itish Iloyill Legion Bi'itisli Red Cross Cliildi'eiis Society 1,372 400 186 20 400 1,559 20 Totals 2,000 6,639 1,350 5,876 Page 11