CharTty registration number: 1132731
HalasPCC
Annual Report and Financial Ststements
for the Year Ended 31 December 2024

HalasPCC
Contents (continued)
Reference and Administrative Detaits
Trustees, Report
2to7
Statement of Tmstees. Responsibilbties
Independent Examinefs Report
Statement of Financial Activities
10t011
Balance Sheet
12
Notes to the Financial Statements
13to20

HalasPCC
Refer8nce and Administrative Detsils
Charity Registration Number
1132731
Principal Office
The Parish Office
St Margarets of Antioch
Hagley Road
Halesowen
West Midlands
B63 4QD
Independent Examinèr
Ballards LLP
11¢ Kingswood Road
Hampton Lovett
Droitwich
Worcestershir8
WR9 OQH
Page 1

HalasPCC
Trustees. Report
The trustees present the annual report together with the financial ststements of the chaiity for the year
ended 31 December 2024.
Objectives and activitios
Objects and alms
The primary objective of the charrty is the promotion in the ecdesiastical parish of the whole mission
of the church.
Public benefft
The trustees have complied with their duty to have due regard to public benefit guidance published by
Commission., the tTUStees consider that the chanty meets the public b8n8fft requirements of the
Charities Act 2011 by carrying out its nomial a(*vitses.
Page 2

HalasPCC
Trustees. Report (continued)
Achievements and perfomiance
Annual Report of the Halas Parish for 2024
The Halas Team Ministry exists to seNe the people of the town of Halesowen and the districts of
Cradley, Hasbury, Lapal, Romsley and Hunnington to prodaim the Kingdom of God in prayer, word,
action. and lrfe through offering a distindly Anglican expression of the Christian faith. We hope to
explain how this has been explored and expressed during 2024 in the Team and individual Church
reports which follow.
Whilst the Rector and Team Vicars remain unchanged. we have been delighted to see Rachel Homer
ordained as priest and Sardh Tranter ordained deacon at Petertide in 2024, with Sarah due to be
ordained priest in 2025.
The renewal project, funded by StrategiG Mission & Ministry Investment Board {SMMIB) of the Central
Church via our Diocese. has been a particular focus. In November we were delighted to welcom8
Clair8 Biggs, our New Worshipping Communiti'es c￿OrdinatOr. Initial ¢oncems and issues with the
logistics of payroll, national insurance. pensions etc. have thankfiJlty all been ironed out - and lessons
18arned by the Diocesan team are helping to prevent such issues arising wilh other funding recipients.
Claire settled in very well and has been working alongside Rev Hazel to develop a strategy working
towards increasing the average weekty attendance in our churches, doubling how many children
engage with us and becoming a training hub for olher r8newals in the dioc8se.
Claire is very much a team player and has explored the five churches in our parish. whilst still worklng
out of St John the Baptist Church in the town centre. We are working with local schools more, have a
new worshipping communty tM)th in church and in the local communty and have been invited to join
in with ¢ommunity events at the local further education college.
Our volunteer base is growing as we continue to create interest in new services and projects for all
ages.
There are regular updates to the newly fomied renewaSs steering group and PCC and quarterly dats
for SMMIB and attendance of key statt to training and support sessions provided by the diocese.
The tenders for the installation of toilets at St John's came in significantty higher than anlicipat8d,
leaving a funding gap be￿een that and the SMMIB fvnding plus the money Sl John's had already
raised. However the PCC generously agreed to make a gtft to St John's lo make up the shortfall,
which allowed the order lo b8 placed for the works to Commence before the end of the year.
Page 3

HalasPCC
Trustees. Report (continued)
We are reminded that God is calling all of us to Christian Ministy. whether that be working behind the
scenes or in an authorized or licensed role. Eno)uraging people to explore the roles to which God
may be calling them is an ongoing ptiority for our lrfe iogether.
We continue to work closety wtth and pray for the staff and pupils at the Church Schools within our
Parish, and indeed wrth all schools viithin our Parish to the exlent we are able.
We continue to review our obligations under the General Dats Protection RegulatFons, and to ensure
that all our work with young people and vulnerable adults is carried QLrt in accordance with Parish
policies, and that those policies are themselves kept in accordance with c￿J￿ent Diocesan guidelines
for safeguarding, safer recrurtment, and ernplo￿nent. We are enoThously gralefvl for all those
Involved with this ongoing and Increasingly complex and demanding work.
We continue to monitor our finances. with regular finance committee meets'ngs throughout the year.
Income continues to be a concern, though we havè hope that the project at St Johns will over time
have a signtficant impact not just at St John's but across all our Ghurches.
We rJ)ntlnue to struggle to find volunteers for lay roles. particularty churchwardens.
Faith and hope are God's gift to us all - both through our indr¥idual relationships with God, but also
through the encouragement we receive from the dedication, passion and gtfts offered in service by ihe
people of our team
lay, ordained, paid, voluntary, licensed, and Unli￿nSed in a huge number and
variety of roles in our lives together. We are blessed by all of Ihem and offer our profound thanks lo
them.
Hazel Chartlon - Rector
Jonathan Spenc8r- Lay Chair
Page 4

HalasPCC
Trustees. Report (continued)
Financial review
Policy on r•s•Th•s
It is the Policy of the PCC that the Parish Office and each District Church shall endeavour to establish
and maintain a reserve on their General Funds equivalent to two months of general running costs lo
cover unforeseen emergencies.
In addition. the Parish Office shall endeavour to establish and maintain a reSe￿e sufficient to cover
any costs incurred in maintaining the building of. and equipment in. the Parish Office.
Each Distn'ct Church shall endeavour to establish and maintain a reserve on their building funds to
Gover any cost incurred on regular rna1ntenan￿. or perKidic maintenance identified by the
Quinquennial inspection, of their Church Building.
District Churches whlch have other buildings or lands. e.g. a Church Hall, shall endeavour to establish
and maintain a reser48 on their appropriate funds to cover any cost incurred on regular maintenance,
or periodic maintenance. of their buildings or lands. A similar reserve shall be derived for the Parish
Office, which shall be apportioned to each church on the same basis as Parish Share.
Initially, the value of each reserve shall be submrtted to the Parish Finance Committee for
recommendation and reportlng to the PCC for thelr approval.
Subsequently, the identification of any expense which may exceed, or seriously reduce, the
aSso￿ated reserve shall immediately be reported to the Parish Treasurer and Chaimian of Parish
Finance who, rf required. wlll call a meeting of the Parish Finance Committee to discuss the
implications of such reduction in reserves and to recommend any forward action required, while
keeping the PCC Chair and Wice Chair fvlty infomied.
The status of the various reserves shall be reported at least annually to the Parish Finance Committee
for onward reporting to the PCC and the Parish Treasurer for indusion in the Annual Report as
required by the Charrties Acl.
Structure. govornanGe and management
Naturn ofgoverning do¢um•nt
The goveming documents of the PCC are the Parochial Church Council Powers Measure (1956), as
amended, and the Church Representation Rules.
Day to day management of the tharty is carried out by the m8mbors of the PCC, all of whom are also
trustees.
Recwltment and appointment of tmstees
Members of the PCC, who are also trustees, are either ex officio or elected by the Annual Parochial
Church Representation Rules. During the year the folltrm'ng seprfed 8$ members of the PCC:
Page 5

HalasPCC
Trustees. Report (continuedl
Rector and Chair of PCC
Hazel Charlton
Lay Ghair and Wice Chair of the PCC Jonathan Spencer Also Deanery Representative
Llcensed Clergy in the Team
Hazel Chartton
wi￿r for St John's Halesowen
Melissa Beynon
Mthr Wictoria Barlowvicar for Hasbury and Cradley
Christopher Hensonwicar for Lapal and Romsley
Parish Curate
Churchwardons
Paul Millward
Cradley
Chrtstine Adshead Cradley
Anita Gadd
Lapal
Halesowen
Sirnon Eason
David Hobbis
Hasbury
Lapal
Halesowen
David Scotton
Susan Harding
John Hall
Hasbury
Romsl8y
Romsley
Vacant
Vacant
D?anory Synod Repre•entatlvo8
Eva Fleld
Lapal
Romsley
Romsley
Hasbury and also Diocesan Synod
Hasbury
Jonathan Spencer Halesowen
David Scotton
Lapal
Roy Bicknell
Lapal
Selina Troman8
Bemard Pridden
John LaY￿n
David Hobbis
Elected Lay Representatives
Sharon Tumer
Cradk8y
Lapal
Cradley
Hasbury and asso DeanerylDiocesan
Synod
Lapal
Romsley
Hasbury
Halesowen
Susan Bicknell
Lynn Steward
Alan Hughes
Sarah Long
L￿da Barrows
Janet Gazey
Ann Shackleton
Sarah Tumer
Halesowen
Page 6

HalasPCC
Trustees. Report (continued)
Parish Safeguarding Officer
Melanie Case
Chair of PCC FlnanGe Committee
Roy Bicknell
Non-votlng Membe
Revd Susan Hale
Canon Judlth Oliver
Susan Cresw811
Pat Hall
Sally Spencer
Charles Morgan
Karen Janette Chaplin
Revd Rae Homer
PCC Treasurer
Roy Bicknell
Alan Hughes
PCC Socrotary
Th6 annual r8POrt was approved by the trustees of the charfty on ...
behall by:
7éLland signed on its
harlton
Trustee
Page 7

HalasPCC
ststement of Trustees. Responsibi1ft10s
Th8 twstees are responsible for preparing the trustees, report and the financial ststements in
aC￿rdan￿ with the United Kingdom Accounting Standards (Unfted lfjngdom Generally Accepted
Accounting Practice) and applicabk law and regulations.
The law applicable to charities requires the trustees to prepare financial ststem8nts for each financial
year which giv8 a true and frair view of the state of affairs of the charity and of the incoming resource8
and application of resources of the tharity for that period. In preparing these financial statements, the
trustees are required to:
select suitsble accounting policies and then apply them consistenty,
observè thè methods and principles in the Chwities SORP".
make judgements and estimates that are reasonable and prudent".
state whelher applicabl• accounting standards have been followed. subject to any material
departures discjosed and explained in the financial statements. and
pr8parè the financial statements on the going ￿nCeffl ba515 unless It18 Inapproprlats to presume
that the tharity wlll continue in business.
The truste8s are r8sponsible for keeping proper a(*ounting re￿rdS that disdose with reasonable
accuracy at any time the financial position of the charity and enable them to ensure that the financial
statements comply with the Charities Act 2011, th8 Charities (Acuunts and Reports) Regulations
2008, and the provisions of the constitution. The tnjstees are also responsible for safeguarding the
assets of the charity and hence for taklng reasonabJ8 Steps for th8 preventton and detection of fraud
and other irreaularilies.
The trust88s are responsible for the maintenance and Integrity of the corporate and financial
Information includ8d on the charitable companls webslte. Legislation goveming the preparation and
dissemination of financial statements may dtffer from legislauon In otherjurfsdlctlons.
Approved by the tru8te88 of the tharity on
&)
- and signed on its behalf by:
Hazel
Trustee
rlton
Page 8

HalasPCC
Independent Examinerfs Report to the trustees of Halas P C C
I report to the trustees on my examination of the accounts of Halas P C C for the year ended 31
December 2024.
Re8pon8ibilIti￿ and basis of roport
As the charity trustees of Halas P C C you are responsibk for the preparats'on of the accounts in
accordance with the requirements of the Charities Ad 2011 ('the Ad.).
I report in ￿Spect of my examination of the Halas P C C's accounts carried out under section 145 of
the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by
the Charity Commission under section 145{5){b) of the ACL
Independent examinerfs statement
Since Halas P C C's gross income exceeded £250.0(K) your examiner must be a member of a body
listed in section 145 of the 2011 Ad. I confim that l am qualtfied to undertak8 the examination
because l am a member of . whtth is one of the listed bodies.
I have completed my examination. I confinn that no materSal matters have come lo my attention in
connection with the examination giving me cause to believe Ihat in any material respect..
accounting records were not kept in re8peci of Hala$ P C C as required by soction 130 of the
Act: or
2. the accounts do not accord wtth those record8: or
3. the 8ccounts do not comply with the accounting requirements conceming the fomi and content of
accounts set out in the Charities (A￿UnIS and Reports) Regulations 2008 other than any
requirement that the accounts give a 'true and fair view vthith is not a matter considered as part
of an independent examination.
I have no concerns and have come a￿0$$ no other matters in connection with the examination to
which attention should be drawn in this report in order to enable a proper undetstsnding of the
aGcounts to be reached.
M A Skellum FCA
11 c Kingswood Road
Hamplon Lovett
DrO1￿1¢h
Worcestershlre
WR9 OQH
Date.......
Page g

HalasPCC
Statement of Financlal Activities for the Year Ended 31 December 2024
Unrestrictsd
funds
Restrlcted
funds
Endowment
funds
Total
2024
Note
Income and Endowment5 from:
Donations and legacies
Charitab18 actNitie6
Other trading actsvth'es
Investrnenl income
Other income
399.165
33.850
30,983
22,592
23.162
36,142
435,307
37.896
30.983
53.060
107,562
30.218
83,784
250
616
Totsl income
509.752
154,190
866
664,808
Expondlture on:
Raising funds
Charitable activI￿e8
(1.993)
439.912
(70)
132.731
(2,063)
572,843
Total expenditure
GainsAosses on investment
assets
(441,905)
(132.801)
(574,708)
9.839
14,038
10.070
33,945
Nel income
Gross transfers between
funds
77.686
35,425
10.936
124,047
127
127
Net movement In funds
77,813
35.298
10,936
124.047
Recon¢lllatlon of fund•
Total funds brought forward
Tolal funds carried forward
319.912
855.753
827,770
2,003,435
397,725
891,051
838,706
2,127,482
The notes on pages 13 to 20 fomi an integral part of these financial ststements.
Page 10

HalasPCC
ststement of Financial Actlvltles for the Year Ended 31 December 2024
{continued)
Unrestricted
fvnds
Restricted
funds
Endowment
funds
Total
2023
Note
Income and Endowments from:
Donations and legacies
Charitable activities
Other trading adivities
Investment income
Other income
334.765
40.959
24,916
29.456
17,444
71.989
5.178
406,754
46,135
24,916
52,212
17,564
22,756
120
Total incom8
447.540
100,041
547,581
Expendlture on:
Raising funds
Charitable activities
(2,393>
414,368
(64)
78.364
(2,45n
4gYI.732
Total expenditure
Gainsllosses on investment
assets
(416.781)
(76.428)
(493,189)
8,435
82,468
42.927
131,830
Net income
Gross transfers between
funds
37.214
106.081
42,927
186,222
1,500
Not movement in funds
35.714
107,581
42.927
186.222
Re¢on¢iliatson of fund*
Total funds brought forward
Totsl funds carried forward
284.198
748.1n
784.843
1,817,213
319.912
855,753
827.770
2,003,435
All of the tharity's activtties derive from contlnulng op8rations during the above Iwo periods.
The funds b￿akdOWn for 2023 is shown in note 9.
The notes on pages 13 to 20 form an integral part of Ihese finanaal statements.
Page11

HalasPCC
(Registration number: 1132731)
Balance Sheet as at 31 December 2024
2024
2023
Note
Fixed assets
Tangible assets
Investments
104,390
1.511.574
1.615,964
104.390
1,526.366
1.630.756
Curront a•80ts
Debtors
Cash at bank and in hand
9.683
508,599
23,035
354,034
518.282
377.069
Crgditorn: Amounts falllng duo wlthln one year
Not curr•nt as•ets
6.764
4.390
511.518
372.679
Not assets
2.127,482
2,003.435
Funds ofthe charlty:
Endowment funds
838.71
827,770
Rostrlct8d Income funds
Restricted funds
891.051
855,753
Unrestrlcted Income fund•
Unrestricted funds
397.725
2.127,482
319,912
2,003,435
Total funds
The financlal statements on pages 10 to 20 were approved by the trustees, and authorised for Issue
on 22...s...z.S. and signod on their behalf by.
Hazel
Trustee
arlton
The notes on pages 13 to 20 fonn an integral part of these fmanaal statements.
Pag8 12

HalasPCC
Notes to the FAnancial Statements for the Year Ended 31 December 2024
1 AGcounting policies
Statsment of compllance
The financial statements have been prepared in accordance with Accounting and Reporting by
ChaTities.' Statement of Recommended Practice applicable to charitres preparing their accounts in
accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS
102) (effective 1 January 2019) (Charities SORP (FRS 102)). the Financial Reporting Standard
applicable in the UK and Republic of Ireland (FRS 102) and the Chaiilies Act 2011.
Basls of preparation
Halas P C C meets tha definition of a public benefit entrty under FRS 102. The a(xounts (financial
statements) have been prepared under the historical cost ￿nVention with tlems recognised at cost or
transaction value unless otherwise ststed in the relevant note(s) to these accounts.
Exomption from preparing a cash flow statsment
The charity opted to eaty adopl Bulletin 1 published on 2 February 2016 and have therefore not
included a cash flow statement in these financial ststements.
Income and endowments
Donations and lega¢ie•
Donations and legacies are recognisod on a receivable basis when receipt is probable and tho
amount can be reliably measured.
Grants receivable
Grants are recognised when the charity has an entttlement to the funds and any conditions linked to
the grants have been met. Where perfomiance condrtions are attadied to the grant and are yet to be
met. the income 13 recognised as a liabilty and induded on the balance sheet as deferred income to
be released.
Gift ald
Incomlng resources from tsx reclaims are Induded In the Statement of Flnanaal Activities 8t the same
time as the gift to which they relate.
Expenditure
All eX￿ndItUre is recognised On￿ there is a legal or con$tnJctive obligation to that expenditure, it is
probable settlement is required and the amount can be measured reliably. All costs are allocated to
the applicable expenditure heading that aggf8gate similar costs to that category. Where ￿$1S cannol
be directly attribuled to particular headings they have been allocaled on a basis consislent with Ihe
uso of resources. with central staff cosls allocated on the basis of time spenl, and depreci81ion
charges allocated on the portion of the assevs use. Other support costs are allocated based on the
spread of staff costs.
Page 13

HalasPCC
Notes to the Flnancial Statements for the Year Ended 31 December 2024
(continued)
Charitable activities
Charitable expenditure comprises Ihose wsts inCu￿ed by the Qhatlty in the delivery of its activities
and services for its benefiaaries. It indudes both costs that can be allocated directly to such activities
and those costs of an indirecl nature necessary to support them.
Tangible fixed assets
Consecraled and beneilce propety is excluded from the aCeA)unts by provisions of the Charitl8s Act
2011. No value is placed on movable church fumishings heid by the churchwardens on special trust
for the PCC and which requires a faculty for disposal since the PCC considers this to be inalienable
property. AU expenditure incurred during the year on consecrated or benefi￿ buildings and movable
church furnishings. whether rnaintenance or improvements. is written off as expenditure in the SOFA
and $8parately disclosed.
Flxed asset investrnents
Fixed asset investments, other than programme related investments, are indud8d at market value at
the balance sheet date. Realised gains and losses on investments are calculated as the dIffe￿nCe
between sales proceeds and their market value al the start of the year. or their subsequent cost. and
are charged or credited to the Statement of Financial Activib'es in the period of disposal.
Unrealised gains and losses represent the movement in market values during the year and are
credited or charged to the Statement of Finan￿al Activrties based on the market value at thé year end.
Fund structure
Unrestricted income funds are general funds Ihat are availab5e for use at the trustees discretion in
furtherance of the objectives of the charity.
Restricted income fvnds are those donated for use in a particular area or for specific purposes, the
use of which is restricted to that area or purpose.
2 Trustees remunerntion and oxp•nses
During the year the charity made the following transactions with trustees..
Clergy expenses of £8.960 (2023 - £6,107) were paid in the year.
No trustees. nor any persons connected wrth them. have received any remuneration from tha charity
during the year.
No trustees have re￿iVed any other beneffts from the chan'ty during the year.
Page 14

HalasPCC
Not8S to the Financial Statements for the Year Ended 31 December 2024
(continued)
3 Taxation
The charlty is a registered charity and is therefore exempt from taxatson.
4 Tangible fixod assets
Land and
bulldings
Total
Cost
At 1 January 2024
Al 31 Dec8mb8r 2024
104.390
104,390
104,390
104,390
Depreciotion
At 31 D8cember 2024
Net book value
At 31 December 2024
104,390
104.390
At 31 December 2023
104.390
104,390
S Flxed a8set Inve8bnonts
2024
2023
Other investments
1,511,574
1,526,366
Page 15

HalasPCC
Notes to the Financial Statements for the Year Ended 31 December 2024
(continued)
Other investm•nts
Llsted
investments
Total
Cost or Valuatlon
At 1 January 2024
Revaluation
Disposals
1.526.366 1.526.366
33.945
33,945
48,73
48,73
At 31 December 2024
1,511.574 1,511,574
Not book value
At 310ecember 2024
1,511,574 1,511,574
At 31 December 2023
1,526,366 1,526,366
6 Debtorn
2024
2023
Other debtors
9,683
23,035
7 Ca8h and ¢a8h equivalents
2024
2023
Cash at bank
508.599
354,034
8 Credltor8: amounts falllng duo wlthln on• year
2024
2023
Other creditors
6,764
4,390
Page 16

HalasPCC
Note8 to thè Financlal Statements for the Yoar Endgd 31 DeceM￿r 2024 {contlnuadl
FundB
Balanc• at
31
1 J•nu•ry Incomlng R•¥ourc
rKognl•ed D8￿mbar
2024 rmour¢￿ expeThl•d TrnMf8v8 gajn￿lI0*•￿l
oth
2024
Unrn•trfcl•d fvnd•
Gon•rnl
Unrèstrfcaèd fvndB
31#.#12
5LAI.752
I441.￿)
127
9,839
397.725
Rejtrlctad lund•
R88tri¢ted funds
85S.753
154,1
{132.8011
112T)
14.038
891.051
Endowmwrt fund•
Expend8ble
Endowmerrt fund•
827,770
10,070
838,708
838,708
,770
10,070
Total fund•
574,706
33,945
2,127,482
P•p 17

Hala$PCC
Note8 to the Flnanclal statsments for the Year Ended 31 December 20241contlnued
Balancg ot 31
Oecgmbor
2023
£IA•
r••t&t•dl
Oth•r
8*•nc• at 1 Inwnlng Rowur¢••
TrnnBf•r• gaIn￿lI0￿MI
Unr••trfet•d fvrtd•
Gonornl
Unre$lrtted fund8
284.198
447.540
(418.7811
11.5CQ)
8,435
319,912
R88trlthd
Rg$tnGled fvl
748,172
1(￿).041
178.08)
855,753
Endowmènt fundi
Expendable
Endowrnent fvnds
784.843
42,
827,770
827 770
784.843
42,927
Total lund•
1,817.213
493.189
131.830
2.003,435
P*Je 18

HalasPCC
Notes to the Financial Ststements for the Year Ended 31 December 2024
(continued)
10 Analysis of not assots betwgon funds
Unrestrlcted
Endowment
2024
Total funds
General
Restrlcted Expendable
Tangible fixed assets
Fixed asset investments
Currenl assets
Current liabilities
104,390
683,943
126,215
5.321
104,390
1,511.574
518,282
6.764
35.545
363,621
792.086
28.446
Total net assets
397.723
909,227
820,532
2.127,482
un￿trIcted
Endowment
2023
Totsl funds
G•n•rnl
Rgstrlctod
Expgndablo
Tangible fixed assets
Fixed asset investfflents
Current assets
Current liabilities
104,390
672,890
82.613
4,140
104,390
1.526.366
377,Ch89
4.390
25.707
294.456
250
827.769
Total net assets
319.913
855.753
827,769
2,003,435
Page 19

HalasPCC
Notes to the Financial Statements for the Year Ended 31 December 2024
(continued)
11 Analysis of net funds
At31
December
2024
At 1 January
2024
Flnancing
ca¥h flows
Cash at bank and in hand
354.034
154,565
508,599
Net debt
354.034
154,565
508,599
At31
December
2023
At 1 January
2023
Financing
cash flows
Cash at bank and in hand
309.967
44,067
354,034
Net debt
309,967
44,067
354.034
12 Related party trdnsactlon•
There were no relaled party transactions in the year.
Page 20