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← The Parochial Church Council Of The Ecclesiastical Parish Of All Saints, Odiham

2024-12-31-accounts

All Saints Parish Church, Odiham

2024 Annual Report and Accounts

Prepared for the Annual Parochial Church Meeting (APCM)

to be held in Church

on Monday May 19th 2025 at 19.30

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Registered Charity Number 1132860

Annual Parochial Church Meeting

Contents

Introduction 3
Rector’s report 4
Who we are 7-9
North Hampshire Downs Benefice 7
Ministry Team 7
PCC 8
Volunteers 9
The Church 10-13
Electoral Roll 10
Safeguarding 10
Buildings 11
Services 11
Churchwardens Report on the Fabric etc… 12
Music 12
Prayer 13
Home Groups 13
The Community 14-18
Outreach and Communication 14
Occasional Offices 14
Children, Families and Youth 15
Holiday Club 16
Pastoral Care 16
The Bereavement Journey 16
Foodbank 17
The Table 17
Fete 18
Alpha 18
Finance and Accounts 19-28
Treasurer’s Report and Financial Statement 19
Thank you 19
All Saints Vision 20
What’s been happening in 2024? 20-21
2025 Budget 21-22
Independent Examiner’s Report 23
2024 Balance Sheet 24
Statement of Financial Activities 25
Notes to the financial statements 26-28

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Introduction

Having only become your vicar at the end of September 2024, it’s been an interesting exercise to pull together this APCM report. In gathering information and reports from various people, it has been so great to hear of all that has gone on over the last year. All Saints is an incredibly active church, and there is so much to give thanks for, much of which will be covered here.

However, I wanted to take this opportunity to share my experience. Having not been vicar here very long, what I will say is this…All Saints is wonderful. The welcome, the love and care, the understanding, the forgiveness (especially when I forget names) is a testament to the community in this church.

We’re not perfect as a church, and there are things we can work on. After all, as Billy Graham used to say, “if you find a perfect church, don’t join it. You’d spoil it.” The church is, and always has been, a group of imperfect people seeking to follow the perfect Jesus, imperfectly, together. But as long as we’re seeking to follow Jesus, then the imperfections don’t matter nearly as much. It has been a great encouragement to me over these last few months to see that, at our heart, our church is seeking to follow Jesus.

I am excited for what God has in store for our church and the villages of Odiham and North Warnborough. Hopefully, as you read through all that is in this report you will see so many ways we are seeking to share the love of Jesus in practical ways, both big and small. You will see the ways in which we encourage one another to tell of his goodness, proclaiming him to others. But none of this can come about unless we choose to grow in our love of him.

‘They will be like a tree planted by the water that sends out its roots by the stream. It does not fear when heat comes; its leaves are always green. It has no worries in a year of drought and never fails to bear fruit.’ Jeremiah 17.8

As we journey on into 2025, in an increasingly uncertain world, we do so in the certainty of God; his steadfast love, unwavering care and constant presence. And my prayer is that, more and more, All Saints is seen as a beacon of love, of hope and security in Odiham and North Warnborough.

And finally, let me say a massive thank you to you, all of you. For all that you give to the church of yourselves in time and energy, of your finances, and your support and prayers. It is the gathering of all of us in our uniqueness which makes this wonderful church. You are amazing!

Rev’d Matt Bianchi

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Rector’s report

This is my first Report as the new Rector of the North Hampshire Downs Benefice, and I wanted to begin by thanking my colleague Simon Butler, who has recently handed over the reins, for the remarkable legacy he has left from his time as Rector. One of Simon’s greatest legacies must surely be the remarkable ministry team we now have - more on that below. Thank you Simon for your leadership and encouragement over these last 8 years - we are all so grateful.

The North Hampshire Downs Benefice is a network of 12 local churches - in Greywell, Herriard, Long Sutton, Mapledurwell, Nately Scures, Newnham, Odiham, South Warnborough, Tunworth, Up Nately, Upton Grey and Weston Patrick. Each of these churches now has its own ‘Pastoral Lead’ - a vicar for every church if you like - and I am hugely grateful to our clergy team for their leadership, and for enabling flourishing and growth in all of our churches.

My role as Rector is to serve and lead the benefice - developing its vision and mission, leading the team, and encouraging all our congregations. Previously I was vicar in Odiham, and I’ve now passed on that role to my colleague Rev’d Matt Bianchi. In September 2024 I became Acting Rector, taking over from Simon (who continues to provide pastoral oversight in Upton Grey, and support to Tunworth, Weston Patrick and Herriard). Then in January 2025 I was instituted as Rector by Bishop David, in a licensing service in All Saints Odiham.

At my interview last November for the role of Rector, I was asked to give my thoughts on the top three priorities for the benefice.

I believe our first priority is prayer, in every part of the benefice.

I love the verse in Psalm 127 - right in the middle of the Bible - that says this: ‘Unless the Lord builds the house, the builders labour in vain.’

As we set our vision and plans for the next few years, we need to make sure that we’re listening to and following God, and joining in with what he’s doing in this place. A couple of weeks ago I had an opportunity to walk and pray right round our 12 churches - a 24-mile loop through our beautiful villages and countryside - and I hope we will build on this foundation of prayer more and more.

Our second priority is growth in our churches - both in maturity as Christian disciples, as well as in numbers.

You may have noticed that our logo for the benefice for the last few years has been the word ‘More+’. We are already a joyful community of Christians in this place – but we believe that God is calling us to so much more over the coming years.

And our third priority is unity.

Unless we’re united as one benefice, focused on God, working together as a team towards a common vision, we won’t see the growth that we believe he is calling us to.

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Over the following pages you will find more details about activities across our benefice, but also within some of our particular local churches and communities. In summary, we have much to celebrate in all of the following areas from the last year:

I am also hugely grateful to all the members of our Benefice Ministry Team and beyond, who have enabled so much activity and flourishing across the Benefice this year. It is a privilege and a joy to lead and to share ministry with such a gifted and joyful team. The team currently comprises:

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In addition, thank you so much to all those lay people who help us lead worship and occasionally preach, across all our churches.

Our Benefice is part of Odiham Deanery, which stretches from Herriard to Yateley, and South Warnborough to Bramley. The Deanery is led by our Area Dean, Rev’d Marion de Quidt, who is the Vicar in Hook.

Our Deanery is in turn part of Winchester Diocese. The Diocesan Bishop of Winchester is Bishop Philip Mounstephen, who is assisted by Bishop David, Bishop of Basingstoke, and Bishop Rhiannon, Bishop of Southampton. We are so grateful to Bishop David for his ministry to us over a number of years, as he leaves in April ‘25 to become Diocesan Bishop of Truro. We are similarly grateful to our Archdeacon, Richard Brand, who gives us so much support. It has been a pleasure to welcome Bishop Philip, Bishop David and Archdeacon Richard to several of our churches over the last year.

In conclusion - my licensing as Rector only took place a few weeks ago, so it’s very early days to be talking about plans. But Jesus said that he came in order that we might have life, life in abundance, and that fills me with confidence that we have so much to look forward to together.

I look forward to meeting you in my new role as Rector, and with best wishes,

Rev’d Chris Dudgeon

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Who we are

North Hampshire Downs Benefice

All Saints Church is a part of the Church of England. Situated in The Bury, Odiham, we are one of twelve churches in the North Hampshire Downs Benefice. Following a restructure of our team and having been vicar here for several years, at the end of 2024 Chris Dudgeon became rector of the benefice. He leads our fourteen-strong ministry team of clergy, licensed lay ministers and lay workers, equipping and enabling us to grow the ministry and pastoral care across all generations in the benefice. We meet every week on Wednesday mornings for prayer, support and planning.

The correspondence address is The Benefice Office, Ostlers Place, Deer Park View, Odiham, Hampshire, RG29 1JY.

Ministry team

As a benefice, we have a large team of ordained and lay people serving throughout our churches and communities. Whilst the whole team carries benefice responsibility and perspective, the members of the team specifically tasked to work within the parish of Odiham and North Warnborough are;

Rector - Chris Dudgeon Vicar – Matt Bianchi Administrator – Jo Hurley Youth and Children’s Pastor – Paul Dadd Youth Outreach Worker – Helen Chatfield Licensed Lay Minister – Alan Hoar

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PCC

The PCC (Parochial Church Council) is registered with the Charity Commission with the charity number 1132860.

The PCC met 6 times in 2024, plus an Away Day in October.

The members serving up to the APCM on 19[th] May 2025 were;

Clergy

Chris Dudgeon (as Vicar, then Benefice Rector) Matt Bianchi (as Mission Priest, then Vicar)

Secretary

Jo Hurley

Churchwardens

Linda Carter Paul Harris

Elected Members

Fyona Bentley Jill Harris Roger Jones James Lee Lynn Lymer Emma Phillips Lewis Scard (co-opted) Gina Stead Simon Wilders

Safeguarding Officer (ex-officio)

Sally Allen

Mother’s Union Diocesan President (ex-officio)

Sue Murphy

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Volunteers

We also have so many who give so freely of their time and energy in so many areas of church life. As much as I would love to list everyone, I’m aware that I will miss someone. But just some of the areas people give their time are;

Flower arranging Welcoming and coffee Prayers and bible reading Choir Altar assistants Children and youth ministries Home visiting Bell ringing Churchyard maintenance Brass cleaning Home group leaders And so, so many more…

A huge THANK YOU to everyone who contributes to the life, ministry and mission of All Saints. Without you all, none of this would be possible.

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The Church

Electoral Roll

Every six years the Church of England requires that each church restarts it electoral roll. This involves a timed closing of the previous one, and requires each person to reapply as the new roll is opened. This is then closed 2 weeks before the APCM, after which it is reopened for people to join at any point. The current Church Electoral Roll of the Parish of All Saints, was compiled on 4th May 2025. At the date of this report the roll contains the names of 208 people.

Safeguarding

I’ve been pleased to take over as the Parish Safeguarding Officer and happy to report progress since starting in late August 2024.

I completed all the training courses appropriate to the position and have been impressed with the level of support I have received from the Diocese. Safeguarding at the local level is well considered and I am confident that I would receive further advice if required.

The main safeguarding tool available for us is called the Dashboard. It takes a step-by-step guide through all parish requirements for safeguarding. Jo, Matt and I have been working through these requirements, alongside the PCC, and I am pleased to report that we are making great progress.

This has involved renewing policies and procedures in both church and non-church activities, ensuring information is more readily available to the public and recording meetings. We have investigated safer recruitment and are ensuring a full DBS uptake. Perhaps the most time consuming of everything has been encouraging all representatives of the church to complete the Church of England safeguarding training courses. Our Dashboard percentage should increase significantly once we have a full take up.

There have been no significant safeguarding issues in the parish to report since I started. Compassionate advice and time given by our clergy have reassured any parishioners with personal worries. Nothing has escalated to concern or been bought to my attention.

Sally Allen

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Buildings

Simon Wilders and Pauline Dudgeon have continued to co-chair the Fabric Committee this year. The whole committee have worked tirelessly to keep our wonderful church in such good repair; a real blessing to the congregations and wider community. The sheer quantity and quality of work carried out has been great.

We are also so grateful to the Friends of All Saints for another generous donation this year, which has enabled us to carry out essential work.

Christian Bradley, in his role as part-time Verger at All Saints, has been the most amazing asset. Whether it’s through the practical work of keeping the church in tidy order, or his help and care for so many at weddings and funerals, Christian’s work has relieved a great deal of pressure on the clergy as well as the wider team and volunteers.

Services

One of the greatest strengths of the Church of England is its capacity to hold together such a variety of worship styles, theologies and preferences. It is a real joy that here, at All Saints, we are able to embody that variety so well within our regular worship.

At 9.30am we have our more liturgical communion service, alternating between Book of Common Prayer and Common Worship. These services are wonderfully served by our church choir too.

At 11am we have our more informal service, with children’s groups most weeks and a monthly celebration of communion.

On the first Sunday of most months we also have a 6pm choral evensong.

We have also held occasional combined services, with both congregations gathering together, particularly around occasions such as Mothering Sunday, Harvest, Remembrance Day and Christmas.

When there is a 5[th] Sunday in a month, this is typically a benefice service where we encourage people from all 12 churches to gather together. This has happened at All Saints and Newnham this year.

Average attendance at Sunday services in 2024 has been 132. Of those, 113 are adults and 19 are children.

At Easter we saw around 200 people attend, and 300 on Christmas Eve & Christmas Day, as well as around 450-500 for Carols in the Bury.

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Churchwardens Report on the Fabric, Goods and Ornaments of the Church

The churchwardens have undertaken an inventory check of the church possessions and can report that everything is in place and is in good order.

Linda Carter & Paul Harris

Music

We are blessed with a wonderful choir, who give so much time and energy to our sung worship here at All Saints; not just on Sundays, but also additional services at Easter and Christmas, as well as several weddings and funerals.

We have also been blessed to have Nick Woods as our organist and choir director. Sadly, Nick left us in November 2024. We are so thankful for all that Nick gave over the years, and his dedication to music and the worship of Jesus.

We are grateful to Oli Tarney and Tom Edney who ably covered the services over Advent and Christmas, (Oli has duly been appointed as our new organist and choir director in early 2025.)

Our 11am informal service continues to use iSingWorship. We would love to form a band, and are looking into the practicalities of doing so.

The bellringers are consistently faithful in ringing in our services on Sunday mornings, and evensong, as well as several weddings. The call to worship which they provide is a highly valuable one.

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Prayer

As Chris mentions in his rector’s report, prayer is an essential bedrock to everything we do as church. Without it, we’re fumbling around, left to our own devices. But more excitingly than that, prayer is an opportunity. We believe that God is the creator of everything, the most powerful and almighty King who speaks and existence obeys, who’s voice can shake the mountains and humble the proud. And this God actively invites us to talk with him. To spend time in his presence, listening to him.

So prayer is a feature of all we do. Whether in our home groups, our Sunday services, our team meetings and many other places, we constantly return to prayer.

One particular encouragement of 2024 was the continuing Monday morning prayer meeting, at 9am in All Saints. A group of us have met every week to pray for the needs of the church and wider community. We have spent time in quiet, reading Psalms together, singing, listening to music, speaking our thoughts. And every week, without fail, it has been an encouragement for those who gather.

Home Groups

Our Home Groups are a vital part of church life here in Odiham and North Warnborough. They provide a smaller group where we can discuss more deeply and walk life with each other. A few of our groups have gone through some significant times of change over the last year, but the support, love and care they provide never stops.

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The Community

Outreach and Communication

Sophie Smith has been working as our Outreach and Communications Officer throughout 2024. Her hours have changed at various points, initially increasing to cover wider benefice responsibilities and now, more recently, decreasing to fit around another job. Throughout those changes, the quality of her work has never been impacted.

We receive regular and consistent social posts, quarterly “What’s On” flyers and posters for the church, other flyers and advertising for various events/initiatives (eg. Alpha, Bereavement Journey etc). She has also worked closely with the clergy and others to help promote campaigns such as Easyfundraising, as well as producing the “Making a Difference” report, demonstrating all that All Saints does within the community. She has created new banners and signage etc for the fete, and produced the giveaway balloons and bags for the church tent which made such an impact. Sophie contributes a large amount of content for Parish News each month and liaises with the editors on what is needed.

We are very fortunate to have Sophie, and the work she does makes a big difference, enabling us to have a more visible presence within our communities.

Occasional Offices (Weddings, baptisms and funerals)

Our occasional offices are an important part of our ministry and mission in Odiham and North Warnborough. This is a ministry carried by both our benefice clergy and our LLMs. Thank you to all who have been involved!

In 2024 there were 3 weddings, 9 baptisms and 30 funerals and burial of ashes. It is such a wonderful privilege, as a parish church, to walk with individuals and families through the highs and lows of life and to be a beacon of love for them in such significant moments for them.

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Children, Families and Youth

We welcomed Paul Dadd to the All Saints team in October last year as our Children and Youth Pastor. With him working alongside Helen Chatfield, who is now Youth Outreach Pastor to the Benefice, our work with children and young people has begun to expand. This includes re-starting our weekly Thursday night More4Kids group for children in school years 4-6.

Alongside our weekly programme for primary aged children at our 11am Sunday service, we have also started a separate programme for our younger youth (school years 7-9) every second and third Sunday of the month. Both these programmes seek to promote and encourage connection and curiosity with and for God, each other and the world, and we are grateful to our small team of volunteers who help make this happen. On the first Sunday of the month there are no separate programmes for children and youth as we seek to shape a service that offers ways of engaging and worshipping that bring connections across the ages and stages of life and faith. We strongly believe that intergenerational connections and relationships are central to the spiritual nurture and guidance of our young people.

Paul and Helen continue to invest in our connections with our local schools including leading weekly Collective Worship times at Mayhill, Buryfields and Long Sutton schools as well as a weekly ‘drop-in’ club at Robert Mays. We also lead and host a number of other special events and services for these schools across the year.

All Saints continues to be a central hub for meeting and connection for a number of our community families through our monthly All Saints After School and termly film nights amongst other things. Our hope is that more and more families find welcome, acceptance and belonging within the family of All Saints.

Paul Dadd & Helen Chatfield

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Holiday Club

Helen and Paul do so much amazing work with our children and young people in the benefice with assemblies/collective worship, Sunday morning groups, mid-week groups and so much more.

One of the biggest events of the year is the annual Holiday Club. In 2024, this was held in the field in Upton Grey with over 100 children attending. Based around the theme “Diary of a Disciple”, we journeyed from Christmas (a little odd in August) through the life of Jesus and to his death and resurrection. It was brilliant to see so many people engage with story of faith, asking questions and spending some great, fun time together.

Pastoral Care

Having been accepted for ordination, and being ordained in June 2025, Suzanne Newcombe has had to step back from some of her pastoral care responsibilities within the benefice. However, she is still regularly meeting individuals for pastoral catch ups, and taking home communion to many, including one gathered group at Palace Gate. A small group of volunteers also provide pastoral care, alongside the ministry team.

The Bereavement Journey

One particularly unique area of pastoral care has been the Bereavement Journey.

This is a series of films and discussion groups that gently guide people, bereaved at any time, through the most common aspects of grief and bereavement, enabling them to process the implications for themselves and discern next steps.

It was held twice by All Saints Church in 2024, initially led by Linda Elvidge and Paul Harris, ably assisted and also led by Maggie Lyddon, Chris Fry and kindly hosted by Squid Bradish – Ellames. Unfortunately, Linda had to be absent on the second occasion due to personal reasons.

A number of brave men and women have been part of the journey and the transformation in how they have handled their grief, from the first meeting to the last, has been truly remarkable. A number have also gone on to undertake an Alpha course and have even progressed further, into House Groups.

Further courses are planned in 2025 and beyond, thanks to the commitment of all of the volunteers.

Paul Harris

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Foodbank

Odiham Foodbank continues to provide food parcels for a number of individuals and families in the local area. While the numbers using the facility do fluctuate throughout the year, there is certainly still a need within the parish for this help.

A big thank you to Helen Barnacle and the wonderful team of volunteers she organises to stack shelves, pack food, collect supplies and deliver parcels. A huge amount of work goes into ensuring this all happens, and we are so grateful for all that they do.

The Table

The Table continues to run in North Warnborough Village Hall on the 2[nd] and 4[th] Sundays of the month. It is such a blessing to so many people, providing a community and a space to just be alongside others, all while enjoying a lovely home-cooked meal. We now have a team of around 25 volunteers who cook, prep the hall, chat to guests, clear up and wash up. Within that team, a special thank you to Katherine Richardson and Anna Rigby who do so much of the organising and planning to ensure it happens.

We have a regular group of people who come when they can, and average around 30-50 altogether each week. It has been exciting to see this begin to grow into an authentic community of people who support each other, and care for one another. It is an event to look forward to for so many people.

A big thank you to Odiham Consolidated Charities for their financial help.

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Fete

The fete ran in July 2024, and was a great success. Many people from the village and surrounding areas came and took part. Unfortunately, the heavy downpours over the last hour did hamper the day a little, but it was still a great community event.

The new and improved Church Tent, right in the heart of the fete, really helped us to connect with more people. We gave out freebies of tote bags and balloons on sticks, and it was wonderful to see them all travelling around the fete.

Alpha

Alpha is a video-based course that runs over eight weeks, giving an opportunity to get back to basics with our faith, or to explore it all for the first time. Food is shared together, followed by the video for that week and a chance to chat about the topic, asking any questions (at all) that you’d like to. In Odiham and North Warnborough in 2024, there were two courses, with 22 people attending altogether.

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Treasurer’s Report & Financial Statement

Set out below are the Treasurer’s Report and Financial Statements for the year 2024, approved by the PCC on 21[st] April 2025.

We are grateful to all those who are involved in the financial stewardship at All Saints; our excellent finance subcommittee and our bookkeepers.

I would like to express a particular thank you to Paul Harris as acting treasurer, and all the hard work and effort he has put into the role alongside his churchwarden duties and demanding job, as well as his many other commitments. It has been an invaluable service that Paul has given to the church throughout 2024.

A special thanks is also owed to Hamish Elvidge . Unfortunately, Hamish had to step back from the role shortly before I arrived as vicar. But the work that Hamish put in, and his dedication to All Saints, has been incredible. We are all hugely grateful to him for everything he has given to this role over the years.

Financial Statement

1. Thank you!

You will recall that in October 2021, the PCC agreed a vision that ‘ every person across our community will come and discover more to life as they encounter Jesus’ and, during 2024, we have continued to bring this vision to life in three ways… by growing our faith; sharing God’s love in practical ways in our community; and by telling others about Jesus, that they may know his love for themselves. This has also grown as a result of our recruitment of Paul Dadd as Children’s and Family Pastor and the continued excellent work of Helen Chatfield as Youth Pastor.

The 2024 financial results reflect all this activity, and we can only do this with the amazing support of everyone, who gives their time, talents and money to the Vision, volunteer and work of the church. Thank you all for your wonderful support over the past year … it is greatly appreciated by everyone who benefits, both within the church and, increasingly, across our wider community.

The preparation of our quarterly accounts and year end results… and management of cash flow relies on the generous support of so many people and a huge thank you to Bill Wrench , our brilliant, diligent bookkeeper, who it was reported last year had reluctantly decided to stand down, but as a result of the sudden departure of Hamish, has agreed to stay on, ably supported in bookkeeping duties by Lynn Lymer, who undertakes numerous other volunteering tasks for the Church; Jo Hurley , our amazing administrator, who handles all our payments and so much more; Joan Jones , securely recovering nearly £20,000 of tax through the gift aid scheme; David Smith and Graham Woodhouse , carefully banking our weekly cash and other donations each week and Wendy Bolland , handling the white envelopes, which we have now closed, and acting as our Gift Aid secretary. Wendy has now

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stepped down from this role and we would like to thank Wendy for her loyal service over the years. They give so much of their valuable time to the church, and we are very grateful.

In addition, thank you to the Finance and Stewardship Committee , which meets every two months in advance of the PCC, to ensure that all our finances are in order. The Committee is chaired by Paul Harris and our members are Matt Bianchi, John Markham, Natalie Lee, Lynn Lymer, Graham Woodhouse and David Smith . Thank you for your dedication, support and invaluable advice. And finally, thank you to Caroline Scull , our independent examiner, for providing her independent examiner skills for our 2024 accounts.

2. All Saints Vision - our Finances in brief

Our finances are well positioned to support our Vision over the next two to three years and we have had significant encouragement in 2024 with income exceeding last year by over £8,000, and exceeding budget by just over £39,000. Although Regular Giving exceeded last year, it was below what we had budgeted for, but the biggest increase in income was in Grants, which will be explained shortly.

We continued our investment in our new Vision, particularly outreach and communications, youth and pastoral care and latterly children’s and families and unlike 2023 we did not need to use any of our reserves. In fact, as Income exceeded costs by over £6,500 this year and our CCLA investment showed a small gain, our reserves increased by £8,811 in 2024.

3. What’s been happening in 2024?

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As previously reported our reserves at the end of the year were improved by £8,810 at £359,391.48, and as such an increase over 2023 from £350,581. Most of these funds are held in a high interest deposit account and investments, with the remainder in short notice accounts to fund our short to medium term cash flow requirements.

Parish News continues to be a vital connection with the community and provides important income for our work (net £14,483). A big thank you to Lewis Scard, Sue Blessington and all our editors, advertisers and distributors

4. 2025 Budget

As previously stated, Income exceeded costs by over £6,500 this year and our CCLA investment showed a small gain, our reserves increased by £8,811 in 2024 to £359,391.48.

In 2025 we are budgeting for a loss of £50,000, which can be covered by our reserves, but in the longer term we will need to increase regular giving and other income significantly otherwise, we will simply run out of funds and our vision will suffer greatly, as a result.

Set out below are three pie charts (kindly prepared by Lynn Lymer ), illustrating our budgeted income, budgeted expenditure and our investment in our vision and mission. Essentially, our income is budgeted to remain more or less static, with no increase in voluntary giving. Our costs have been budgeted to increase by 5% and there is a full year of costs for Paul Dadd, which leads us to our loss of £50,000.

Paul Harris May 2025 Acting Treasurer

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PCC of Odiham

Statement of Financial Activities

For the period from 01 January to 31 December 2024

Notes Notes
Unrestricted		 Designated Restricted Restricted
Total		 Prior
year
funds funds funds funds Total
funds
Incoming resources 2
Incoming resources from generated funds 0 0 0 0
0		 0
Voluntary income 138,827 4,679 10,004 10,004
153,510		 139,211
Activities for generating funds 62,294 0 0 0
62,294		 70,016
Investment income 8,488 5,199 294 294
13,981		 13,583
Incoming resources from charitable activities 4,794 0 0 0
4,794		 4,171
Other incoming resources 0 0 0 0
0		 0
Total income 214,403 9,877 10,298 10,298
234,579		 226,982
Resources used 3
Cost of generating funds 0 0 0 0
0		 0
Cost of generating voluntary income 0 0 0 0
0		 0
Fundraising trading cost of goods sold and other costs 15,442 0 0 0
15,442		 13,420
Investment management costs 0 0 0 0
0		 0
Charitable activities 203,729 591 7,891 7,891
212,211		 225,857
Governance costs 330 0 0 0
330		 322
Other resources used 0 0 0 0
0		 0
Total expenditure 219,501 591 7,891 7,891
227,983		 239,599
Gains / losses on investment assets 4 2,215 0 0 0
2,215		 8,387
Net income / (expenditure) resources before transfer -2,883 9,286 2,407 2,407
8,811		 -4,231
Transfers 4
Gross transfers between funds - in 34,250 439 -702 -702
33,986		 26,539
Gross transfers between funds - out -439 -33,427 -121 -121
-33,986		 -26,539
Other recognised gains / losses
Gains on revaluation, fixed assets, charity's own use 0 0 0 0
0		 0
Net movement in funds 30,928 -23,701 1,584 1,584
8,811		 -4,231
Reconciliation of funds
Total funds brought forward 163,738 178,219 8,624 8,624
350,581		 354,811
Total funds carried forward 194,666 154,518 10,208 10,208
359,391		 350,581

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Notes to the Financial Statements

All Saints Parish Church, Odiham (Charity registered number 1132860)

Notes to the financial statements for the year ended December 31st 2024

1. Accounting policies

1.1 Basis of preparing the financial statements

The financial statements of the charity, which is a public benefit entity under FRS102, have been prepared in accordance with the charities SORP ‘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 (effective 1st of January 2015). The financial statements have been prepared under the historical cost convention, apart from market investments, which have been revalued at the year-end date.

1.2 Income

All income is recognised in the ‘Statement of Financial Activities’ once the charity has entitlement to the funds.

1.3 Expenditure

Liabilities are recognised as expenditure as soon as there is legal or constructive obligation committing the charity to that expenditure.

Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category.

Where costs cannot be directly attributed to particular headings, they have been allocated to activities on a basis consistent with the use of resources.

1.4 Taxation

The charity is exempt from tax on its charitable activities.

1.5 Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular, restricted purposes within the objects of the charity.

Restrictions arise when funds are raised for particular restricted purposes.

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Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

2. Incoming resources

Voluntary income includes regular giving through the Parish Giving Scheme, standing orders, one-off donations, grants received from the Friends of All Saints, the National Churches Trust, the listed places of worship scheme (VAT recovery) and tax recovery through the Gift Aid scheme.

‘Activities for generating funds’ include the Parish News, the Annual Fete, the biennial Open Gardens, Gift Day and 100 Club.

Investment income includes income from investments and interest on deposit accounts.

3. Resources used

Expenditure includes investment in Mission (youth, communications and outreach, outward giving, and pastoral care); payments made to the Common Mission Fund, which represents the amount paid to the Diocese for the clergy (previously known as the Parish Share), as well as fabric maintenance, energy, administration, benefice office, running services and fundraising.

4. Transfers

A transfer of £32,988 has been made from the Olive Morrison Fund to the General Unrestricted Fund for the expenditure incurred on Mission in the year.

The CBF market investments have increased in value over the year by £2,215.

5. Debtors and prepayments

Debtors and prepayments relate to income due or received in 2025 that relate to 2024…or payments made in 2024 that relate to 2025.

6. Creditors

Creditors represent work done and expenditure that has been incurred in 2024 where payments is outstanding at the year-end or has been made in 2025… or income received in 2024 that relates to 2025.

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PCC of Odiham Note 7 Fund Movement Summary 01 January 2024 to 31 December 2024

Fund Name Opening Net
movement		 Gains
and		 Closing
Balance in funds Losses Balance
01.01.24 31.12.24
Unrestricted Funds
General - General
fund 163,738 28,713 2,215 194,666
163,738 28,713 2,215 194,666
Designated Funds
Bells - Bells
Restoration 1,172 37 - -
1,209
ASK Children's Work ASK Children's Work
178		 6 - -
184
Flower Fund 1,000 65 - -
1,066
Nicholls Will Trust 23,716 4,854 - -
28,571
North Porch Doors 2,765 88 - -
2,854
Olive Morrison - -
Fund 149,388 28,752 - -
120,635
- -
178,219 23,701 - -
154,518
Restricted Funds
Local Community 8,608 1,484 - -
10,092
Vicar's Discret'ry
Fund 15 0 - -
16
Unassigned fund - -
100		 - -
100
8,624 1,584 - -
10,208
Totals 350,581 6,596 2,215 359,391

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