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2024-12-31-accounts

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST STEPHEN, CASTLE HILL, EALING ANNUAL REPORT OF THE PAROCHIAL CHURCH COUNCIL FOR THE YEAR ENDED 31 DECEMBER 2024

Administrative information

St Stephen’s Church is situated on the corner of St Stephen’s Road and the Avenue, West Ealing. It is part of the Diocese of London within the Church of England. The correspondence address is:

St Stephen’s Church, St Stephen’s Road, West Ealing, London W13 8HD.

The Parochial Church Council (PCC) is registered with the Charity Commission (No. 1133772).

PCC members who have served in the period 1 January until 31 December 2024:

Incumbent The Revd Steve Newbold (Chair) to 13 March 2024
Curate The Revd Ruth Robinson
Churchwardens Mary Ann Auckland
(Vice Chair, and Acting Chair from 13 March)
Ann Toley
Representatives on the Deanery Synod: Liz Cooper
David Gillingham
James Morrow
Elected members: Sue Charlton to 19 May 2024
Jon Yarrall to 19 May 2024
Janet Sehgal to 25 Nov 2024
Xiaoe Li
Jen Whadcoat
(also Safeguarding Officer)
Ewen McKinnon
Linda Rivans
Dinos Horattides from 19 May 2024
John Anniss from 19 May 2024
Lily Ledwith from 19 May 2024
Iain Paul from 19 May 2024
Emma Harniman (co-opted) From 19 May to 25 Nov
2024
Secretary (co-opted) Jane Maffett to 19 May and from 25
Nov 2024
Jon Yarrall from 19 May to 25 Nov
2024
Treasurer (co-opted) Sanjay Joshi to 19 May 2024
Jane Maffett from 19 May 2024
And the following who was not a
member of the PCC
Associate Vicar The Revd Caroline Newbold to 13 March 2024

PCC of St Stephen’s Ealing Charity Number 1133772

Page 1 of 6

Structure, governance and management

The method of appointment of PCC members is set out in the Church of England’s Representation Rules. All Church attendees are encouraged to register on the Electoral Roll and stand for election to the PCC.

The PCC also appoints Trustees to the St Luke’s Hall Trust, a separate charity with the stated aim of managing the assets of the Trust ‘for use for the religious and other charitable purposes of the Church of England in the Ecclesiastical Parish of St Stephen, Ealing. ’ The Vicar was an ex-officio Trustee and Chair.

The Vicar was also a Trustee of the Gurnell Grove Community Trust, the legal body for The Grove Community Trust, active in the parish.

Objectives and activities

The PCC has the responsibility of co-operating with the Vicar in promoting in the ecclesiastical parish the whole mission of the Church – pastoral, evangelistic, social and ecumenical. Our Vision Statement is:

Community growing in the love of Jesus

The PCC has maintenance responsibilities for the Church buildings which include the hall and a cottage for residential use. The PCC also owns and maintains a separate house in Drayton Gardens, currently occupied by our curate.

General statistics

Church membership

The Electoral Roll saw a small decrease so that on 31 December 2024 there were 169 people on the Roll. Of these 53% were resident in the parish, 63% were female and 37% were male.

Occasional offices

During 2024, there were three baptisms but no confirmations or marriages at Church. The clergy conducted the funerals of two parishioners.

Review of the year

In March 2024 the Revd Steve Newbold left St Stephen’s Church to take up his new post in the parishes of Bradfield, Bucklebury and Stanford Dingley in the Diocese of Oxford. The Revd Caroline Newbold resigned as Associate Vicar at the same time. We held a special lunch before they left to recognise Steve’s and Caroline’s ministry here over 15 years. For the rest of the year we were in vacancy although very fortunate to have our curate, The Revd Ruth Robinson, who ran the majority of our services. Other local clergy also helped out, including The Revd Jeremy Hyde, The Revd Jane Morris, The Revd Andrew Dand and The Revd Sam Sanya.

The Annual Parochial Church Meeting (at which four new PCC members were elected) and the Annual Meeting of Parishioners (at which two churchwardens were elected) were held on Sunday 19 May 2024 in accordance with the Church Representation Rules and The Churchwardens Measure. In addition one new PCC member was co-opted at the meeting on 19 May. This member and one other PCC member resigned in November. The full PCC met eight times during 2024 with an average level of attendance of 80% of members. One meeting (3 June) was a Section 11 meeting and one (19 June) a Section 12 meeting in accordance with the appointment procedures for a new vicar.

A ‘Parish Profile’ was produced and the post of vicar was advertised in the Church Times in July and August with a closing date of 23 August. The selection panel, including two members of St Stephen’s PCC, met on 9 September and interviews were held on 25 September. A ‘Parish Day’ was held on 24 September giving shortlisted candidates an opportunity to visit the vicarage and parish as well as meet members of the St Stephen’s Church community. As a result, The Revd David Baylor was appointed to the post.

Mid-week Connect Groups continued with almost 50% of active church members attending a group. In addition the People and Planet Group and weekly TeaTimers group gathered a wider range of people, some of whom are not yet church members. Shining Stars continued as a weekly toddler group run by our Children’s Worker. Our Pastoral Care Team, Connect Group Leaders and the Leadership Team continued to support church members through a variety of means.

In July our curate organised an innovative 24/7 prayer weekend with many church members engaging in different ways.

Social events organised during the year included a Harvest lunch and Tearfund quiz.

The only staffing change in 2024, apart from the Newbolds’ departure, was Stephen Turner being appointed in April as our Youth Leader in addition to his responsibilities as Worship Pastor.

PCC of St Stephen’s Ealing Charity Number 1133772

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Throughout the year, we continued to livestream our 10.30am Sunday morning service except on the first Sunday of the month (the All-Age Service) and there is a steady number watching the service within 24 hours of its broadcast.

A large part of our local mission is actively to support The Grove Community Church ( The Grove ) on the Gurnell Grove Estate in the Parish. This is overseen by a separate charitable trust (Gurnell Grove Community Trust). As well as direct giving by the PCC, several people have been involved in running the weekly Sunday afternoon service and other activities there. Mark Tate (leader of The Grove) attends, with colleagues, occasional meetings of the St Stephen’s Leadership Team and he also participates in some services at St Stephen’s.

St Stephen’s is committed to the Eco Church award process and gained a silver award in 2020. We continue to pursue an ecoagenda in the wider decisions and actions that we take. However, achievement of the gold Eco Church award is likely to be some way off as the standard is rightly demanding.

The PCC continues to be grateful to the St Luke’s Hall Trust for their ongoing and generous financial support.

Much of the work of the PCC is conducted in its subcommittee structure. The four subcommittees or teams continued: Finance, Buildings, Mission and the Children and Youth Teams.

Key activities are described in the individual reports below.

Leadership Team

The Leadership Team met regularly to support the Vicar, and in the vacancy, the Churchwardens and Curate in the day-to-day management of Church life. Most of its time was spent focusing on issues of discipleship, outreach in the local community and resourcing the Church for future growth. The Leadership Team shares with the clergy in pastoral responsibility for the Church and regularly discusses and responds to individual situations.

Finance Team

The Finance Team – comprising the Vicar, Treasurer, at least one Churchwarden, Giving Coordinator, and one other PCC nominee – and the Standing Committee oversaw the financial position throughout the year. Their work included the review and discussion of the annual accounts, the forecast versus actual results, and levels of planned giving income. The latter was particularly important during the vacancy when we expected – and saw – a drop in giving. We continued to manage budgets carefully, in order to monitor more closely the Church’s finances and plan for the future. More detailed information is given below.

Buildings Team

2024 has been a year of some progress on the entrance improvement project but relatively quiet compared to recent years on ad hoc issues. Following a tender process the ‘Enabling’ stage (or foundations work) for the new entrance was carried out, starting in June and ending in August. More work on the drainage was required than initially expected. The car park area surrounding the foundations was re-laid but, following some subsidence, needed remedial work. While the work was underway the front area was inaccessible. Members of the congregation and visitors greatly enjoyed the garden area on the south-west side, thanks to the efforts of the Gardening Team. Meanwhile the PCC decided in September that the car park redesign and relaying should be part of the same contract as the main build project to avoid timing issues and the risk of any damage caused by different contractors’ vehicles. By the end of the year we were taking steps to agree and finalise detailed plans for the car park and front area.

Elsewhere, two of the three new trees that are replacing the mature oak tree removed in 2023 were planted. The third will be sited where the shed currently stands. A defibrillator was installed in the inside corridor and a more-cost effective hot water system in the kitchen replacing the tank sited in the office. The Premises Manager, Jack Cahill, dealt with other issues including boiler malfunctions, electrical problems due to damp ingress in external lighting cases. There was also some damp ingress in the worship area due to the gutter damaged by the brickwork cascade on the east side of the roof apex in 2023. This was repaired in early 2025 but may still be a problem. A drainage issue at the Curate’s house in Drayton Gardens was resolved. The sliding panels between the Small Hall and worship area and those used to divide the Main Hall (but not between this and the entrance area) showed significant deterioration during the year and will need attention. Other outstanding issues include the opening system on the door to the accessible toilet, the projectors and the Cottage kitchen. In 2024 we organised two ‘Sleeves Up Saturday’ events, in May and November, with many enthusiastic members of the Church community coming along to help with repairs, cleaning and redecorating jobs around the Church Centre.

Mission Team

The team continued to liaise with Amos Trust, caring for the people of Gaza and the West Bank; Christian Solidarity Worldwide, seeking justice and freedom for all to follow their faith; Christians Against Poverty (CAP), a UK free debt counselling service; LAMB Healthcare Foundation, enabling people in poverty to access healthcare in Bangladesh; The Marylebone Project (TMP) for homeless women; Ellie Maffett, working with a church in Athens; and A Rocha UK, working with Eco Churches across the UK to be more environmentally aware and take action to limit carbon emissions and degradation of our natural world. Guest speakers

PCC of St Stephen’s Ealing Charity Number 1133772

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came from six of these partners through the year. Groups of Church members donated gifts to fill Christmas Hampers for CAP clients; to sponsor Easter eggs for ladies at TMP; and to take part in activities to promote action on the Climate Crisis. We supported Christian Aid Week in May, raising £2,770 in sales, a sponsored walk and a concert, with a guest speaker at both services too. We hosted Ealing Churches Winter Night Shelter for six nights in February/March, providing a good supper, warm safe beds for the night and breakfast the following morning. We support Ealing Food Bank giving Harvest donations and encouraging hall users and our congregation to give food and toiletries regularly. The Christmas Fair raised £3,737 for CAP in November.

Children and Youth Teams

These Teams seek to ensure that the needs of children, young people and their families are met within the life of the Church and that the Church vision is enacted. The Leadership Team ensures that our activities are in line with the ‘children’ element of our Safeguarding Policy and that we follow the best practice processes of the Diocese and Church of England (including the identification of a ‘Children’s Champion’).

Children's activities continue to be focused on four strands: our junior Church (known as JAM – Jesus and Me); Shining Stars midweek toddler group (under our Children’s Worker, Morgen Edwards); Youth group (under our Youth Leader, Stephen Turner, since April) and children's activities at outreach events.

JAM (Jesus and Me) – throughout 2024 we continued to support existing children as well as welcoming new children to our Sunday School. We aim for our sessions to be exciting and engaging with a strong focus on Jesus and building a relationship with Him. We now have four regular leaders running two age-related groups. The aim is still to expand to three age groups but with a limited number of leaders this is not currently possible. Children continue to participate in church services with readings, as well as leading services organised and assisted by our Children's Worker. These services involve the children leading, reading, writing and delivering prayers.

Shining Stars – is a Tuesday morning Christian group led by members of our staff and congregation for toddlers and their parents/carers. Each session begins with free play and the children have a variety of toys, ride-ons or craft to entertain them. In the last year we have seen the average age range of children attending lower as more children are going to nurseries as parents return to work. We charge £2 per child to cover overhead costs enabling the replacement of broken toys, end of term/year parties and the purchase of small gifts at Easter and Christmas. Tea and coffee are provided for the adults giving adults a time to relax and chat with each other as well as the team. We also provide biscuits for all. A Bible Story and songs, some with a Christian basis, finish each session, and this ensures a strong Christian focus. Parents and carers are regularly invited to events or services at Church and the team prays weekly for those who attend. Shining Stars continues to be a very popular toddler group with many commenting how friendly the team is and how clean and tidy the toys and venue are.

Other events – due to a lack of up-take we did not run a Children's party in 2024. We were also unable to run our annual Light Party (an alternative to Hallowe’en) – this was in part due to at least five other churches in the area running the same party at the same time. On Christmas Eve we held our popular Carols, Nativity and Christingle service with over 250 people in attendance.

Our youth – with a committed team of our Youth Pastor and three volunteers, Sunday youth sessions during the 10:30am service are delivered on all Sundays during term time, excluding the first Sundays of the month which are All-Age Services. Attendance on Sundays fluctuates due to family events, sporting fixtures and schoolwork taking priority sometimes. We also successfully launched a Friday evening youth group in October, which runs every other week and is growing in attendance – we consistently welcome the same seven to eight young people and these young people have invited friends to come along too. It has been encouraging to see the young people’s relationships with each other develop and to see them grow in their own personal relationships with God; and the new weekday group has positively contributed to this. It has also been a great encouragement to see some of the young people serve on Church teams such as the worship band and the reading team. It would be great to see our young people get even more involved in the life of our Church and we are encouraging this.

Safeguarding

The PCC has complied with the duty under section 5 of the Safeguarding and Clergy Discipline Measure 2016, in relation to having due regard to the House of Bishops’ guidance on safeguarding children and vulnerable adults. We have also adopted the Diocesan safeguarding policy, and continue to review, and where necessary strengthen, our processes to ensure the safeguarding of vulnerable people (children, young people and vulnerable adults) whilst at the same time trying to avoid too much bureaucracy in our various ministries. Key to all decisions is the assessment of risk and the core adherence to our policy.

Outreach

Outreach and mission are integral to all aspects of Church life throughout the year. However the two major events, with which we usually engage – ‘Party in the Park’ in June and ‘Light up the Lane’ in November (with prayer stalls) – were suspended for a year by the local group running them. Outreach also includes the streaming of services, enabling a wider audience to join with us from home and from overseas.

PCC of St Stephen’s Ealing Charity Number 1133772

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TeaTimers, our Friday afternoon drop-in café aimed at the over 60s continues and is much appreciated by those both inside and outside church membership. Shining Stars, our toddler group, has already been mentioned above.

Deanery Synod

The Ealing Deanery and its Synod met three times in the year. At the February meeting the main focus was on young people. The Revd Christopher Ramsey (Willesden Mission Director) spoke about the Ministry Experience Scheme for 18–30 year-olds enabling them to see behind the scenes of an Anglican Parish thus growing character and faith. Jeanny Wang (St Martin's, West Acton), a Godly Play trainer, led the Synod through a session where members were encouraged to think of it as an experience mostly about discovery and trusting that God is in the process. In July Deanery Mission bids from seven churches were announced and the Synod voted to grant money to all. Most of the October meeting concerned the Bishop of Willesden's Roadshow 2024/25 which links into the Diocese of London's Vision for 2030. The Roadshow focussed on good news stories within the Deanery.

Financial review

A formal budget process was again followed during the year to assist with financial planning. Full details of the accounts are provided in the independently examined and signed-off Financial Statements.

Total receipts on ordinary unrestricted funds were £252,126, a 3% increase on last year. A significant 14% reduction in Regular Giving (Stewardship) and Giving at services (including Gift Aid) (not unusual during a vacancy) was offset by an increase in one-off donations, legacies of £9,452 and increased Hall rentals at £52,062, up by 38%.

In the autumn, as usual, the Church asked all donors to review and update their giving pledges and encouraged new givers. A new service – the Parish Giving Scheme – was also introduced offering direct debits.

Total unrestricted expenditure amounted to £234,276, a 5% increase over the previous year. This provided the Christian ministry of St Stephen’s Church, including the costs of two employee roles: Premises Manager and Communications Manager. It also included the contribution to the Diocesan parish share which largely provides the stipends and other clergy overheads (including housing). In a normal year we aim to contribute a higher percentage than the amount requested in order to support less ‘well-off’ parishes; however with a nine-month vacancy without a vicar, we only managed an extra 1.5%.

The St Luke’s Hall Trust continued with their very welcome annual £40,000 donation into the St Luke’s Restricted Fund (SLRF). This Fund had expenditure of £48,685, including:

This deficit was easily covered by surpluses from earlier years. The PCC has agreed that £15,000 of the year-end balance is still provisionally earmarked for the planned car park repair project.

A new restricted fund was opened in 2022 for the special donations from St Luke’s Hall Trust for the Entrance Improvement Project (SLPRF) and cost of planning and then on the Enabling stage of this at £115,889 were fully covered by donations from the Trust. To date total spend has been £159,000, with the second ‘above the ground’ build now being planned, also to be covered by the Trust.

Lent, Harvest and Christmas Appeals continued and were generously supported, as was the Christmas Fair raising charity funds. And we made it a priority to continue to tithe 10% of regular giving to our Mission Partners using carried forward funds, even though Giving had fallen. Together these led to the church giving over £38,000 in missionary and charitable giving to other organisations.

Overall expenditure during 2024, excluding the extraordinary building costs, was £293,618, almost the same as the previous year. Underspend on a range of budget lines allowed us to fund significantly higher maintenance costs without needing to drawdown on our maintenance reserve. The reason for these was a £20,000 bill to repair a dramatic fall of parapet bricks from the roof, only partially covered by insurance.

Overall we report a net surplus for the year, across all accounts, of £8,973 (£18,094 unrestricted surplus and £9,121 restricted deficit). Income overall has held steady thanks to increased letting income, legacies and special donations offsetting what we expect to be a temporary fall in regular giving during the vacancy. Well-managed expenditure allowed us to pay for emergency building work.

After adding reserves brought forward at the beginning of the year, the balances carried forward at 31 December totalled £317,094 (£173,570 Unrestricted, £48,748 Restricted and £94,777 Endowment).

The PCC reports that we continue to operate as an ongoing concern:

PCC of St Stephen’s Ealing Charity Number 1133772

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Reserves policy

The PCC aims to maintain a balance on free reserves of around two months’ worth of average unrestricted expenditure, which is currently equivalent to £39,046 and with our general reserve at £173,570 (of which £84,850 is not designated for specific future spend) we are comfortably in excess of this. Appropriate reserves will continue to be set aside in anticipation of future spending on the Church buildings, through the Maintenance and Special Projects Reserves.

Conclusion

After the Covid pandemic St Stephen’s, like many churches, experienced a decrease in congregation but this had begun to build up again slowly until the vacancy began in March 2024. Although numbers have, thankfully, been relatively stable since, we have not seen an increase and we are lacking volunteers in some areas so various activities, and particularly any new initiatives, were restricted this year. However, now we have a vicar in post, we look forward to reviving some successful past events and developing new opportunities to take forward our mission of sharing the good news of Jesus in our community and beyond.

Mary Ann Auckland Acting Chair (Lay) for most of 2024

David Baylor Vicar (from 14 January 2025)

May 2025

PCC of St Stephen’s Ealing Charity Number 1133772

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Parochial Church Council of St Stephen, Castle Hill, Ealing

(also known as St Stephen's Ealing PCC)

ACCOUNTS FOR THE YEAR 2024

----- Start of picture text -----
Page No. CONTENT
1 Statement of Financial Activities for the year 2024
This shows a summary of the year's income and expenditure.
2 Balance Sheet at 31 December 2024
This shows the assets and liabilities at the end of the year
and the position of funds, both restricted and unrestricted.
Notes to the Accounts
3 Note 1 - Accounting Policies
4 Note 2 - Income and Endowments
5 Note 3 - Expenditure on Charitable Activities
6 Note 3 - Expenditure on Charitable Activities
7 Further Notes
8 Further Notes
9 Further Notes
10 Independent Examiner's Report to the PCC
----- End of picture text -----

St Stephen's Ealing PCC Registered Charity No. 1133772

Parochial Church Council of St Stephen, Castle Hill, Ealing

Accounts Page 1 of 9

STATEMENT OF FINANCIAL ACTIVITIES For the year ended 31 December 2024

----- Start of picture text -----
Unrestricted Restricted Endowment TOTAL FUNDS
Note Funds Funds Fund 2024 2023
£ £ £ £ £
INCOMING RESOURCES FROM
Donations & legacies 2a 193,090 46,091 - 239,182 250,159
Activities to generate funds 2b 52,062 4,375 - 56,438 42,734
Investments 2c 1,707 0 - 1,707 171
Charitable activities 2d 5,267 0 - 5,267 4,056
Grant for Major building project 2e 0 115,887 - 115,887 21,720
TOTAL INCOME AND ENDOWMENTS 252,126 166,354 - 418,480 318,841
RESOURCES EXPENDED ON CHARITABLE ACTIVITIES
Raising Funds 3a 302 638 - 940 467
Charitable Activities 3b-e 233,974 58,704 - 292,678 269,392
Major Building project 3g 0 115,889 - 115,889 20,520
TOTAL RESOURCES EXPENDED 234,276 175,231 - 409,507 290,379
NET INCOMING/EXPENDITURE 17,850 -8,877 - 8,973 28,462
NET TRANSFERS 244 -244 - - -
NET MOVEMENT IN FUNDS 18,094 -9,121 - 8,973 28,462
BALANCES BROUGHT FORWARD
AT 1 JANUARY 2024 155,476 57,868 94,777 308,122 279,660
BALANCES CARRIED FORWARD
AT 31 DECEMBER 2024 173,570 48,748 94,777 317,094 308,122
----- End of picture text -----

Previous year

TOTAL
STATEMENT OF FINANCIAL ACTIVITIES Unrestricted Restricted Endowment FUNDS
For the year ended 31 December 2023 Funds Funds Fund 2023
£ £ £ £
INCOME AND ENDOWMENTS FROM
Donations & legacies 203,176 46,984 0 250,159
Activities to generate funds 37,763 4,971 0 42,734
Investments 171 0 0 171
Charitable activities 4,056 0 0 4,056
Grant for Major building project 0 21,720 0 21,720
TOTAL INCOME AND ENDOWMENTS 245,166 73,675 0 318,841
RESOURCES EXPENDED ON CHARITABLE ACTIVITIES
Raising Funds 0 0 0 0
Charitable Activities 222,784 47,075 0 269,859
Major Building project 20,520 0 20,520
TOTAL RESOURCES EXPENDED 222,784 67,595 0 290,379
NET INCOMING/EXPENDITURE 22,382 6,080 0 28,462
NET TRANSFERS -567 567 0 0
NET MOVEMENT IN FUNDS 21,815 6,647 0 28,462
BALANCES BROUGHT FORWARD
AT 1 JANUARY 2023 133,661 51,222 94,777 279,660
BALANCES CARRIED FORWARD
AT 31 DECEMBER 2023 155,476 57,868 94,777 308,122

St Stephen's Ealing PCC Registered Charity No. 1133772

Parochial Church Council of St Stephen, Castle Hill, Ealing

Accounts Page 2 of 9

For the year ended 31 December 2024

Note
FIXED ASSETS
Drayton Gardens Property
1.6
Missional Housing Bond
1
CURRENT ASSETS
Debtors & prepaid expenses
5
CBF Deposit Fund
6
Cash at Bank and in hand
7
LIABILITIES (less than one Year)
Amounts falling due within one year
Creditors & accrued expenses
8
NET CURRENT ASSETS
LIABILITIES (over one Year)
TOTAL NET ASSETS
FUNDS
Unrestricted Funds
9
General Fund
Designated Funds:
Mission Fund
Maintenance Reserve Fund
Special Purposes Fund
Support to People In Need
Restricted Funds
10
Mission Fund
St Luke's Fund
St Luke's Project Fund
Endowment Fund
11
Drayton Gardens Property
TOTAL FUNDS
2024
£
94,777
5,000
99,777
23,382
5,729
213,868
242,979
25,662
25,662
217,317
-
317,094
84,850
1,089
46,415
41,216
-
173,570
300
48,447
-
48,747
94,777
317,094
2023
£
94,777
5,000
99,777
19,539
5,440
187,292
212,271
3,926
3,926
208,345
-
308,122
93,144
3,430
31,415
26,905
583
155,477
734
57,133
-
57,868
94,777
308,122

Notes on pages 3 to 9 form part of these accounts

The Financial Statements were approved by the PCC on 12 May 2025

Revd David Baylor Vicar

Mary Ann Auckland Churchwarden

Ann Toley Churchwarden

St Stephen's Ealing PCC Registered Charity No. 1133772

Accounts Page 3 of 9

Parochial Church Council of St Stephen, Castle Hill, Ealing

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 31 December 2024

The principal accounting policies adopted, judgements and key sources of estimation and uncertainty in the preparation of the financial statements are as follows:

1.1 Basis of preparation

The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019) - (Charities SORP (FRS 102)), and the Charities Act 2011 and UK Generally Accepted Practice as it applies from 1 January 2015.

The accounts (financial statements) have been prepared to give a ‘true and fair’ view and have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a ‘true and fair view’.

St Stephen's meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(s).

1.2 Going Concern

The PCC have considered the resources available and current plans. St Stephen's is well placed to meet these activities and has adequate resources for the foreseeable future. Accordingly the PCC continues to adopt the going concern basis in the preparation of the financial statements.

1.3 Charitable Funds

Unrestricted funds represent the remaining income funds of the PCC that are available for spending on the general purposes of the PCC, including amounts designated by the PCC for fixed assets for its own use, or for spending on a future project and which are therefore not included in its "free reserves" as disclosed in the Annual Report.

1.4 Incoming Resources

Incoming resources are included in the Statement of Financial Activities (SOFA) when: a - the PCC becomes legally entitled to the benefit of use of the resources;

c - the monetary value can be measured with sufficient reliability.

Funds raised by the Christmas Fair and similar events are reported gross. Goods are donated by church members for such events.

Grants, donations and legacies are included in the SOFA when any pre-conditions preventing their use by the PCC have been met. For collections and planned giving these, and associated gift aid are included in the year for which they were intended.

Rental income from the letting of church premises is recognised when the letting takes place. Investment income is accounted for when receivable.

The value of any voluntary help is not included in the accounts but is described in the annual report.

1.5 Expenditure and Liabilities

Liabilities are recognised as soon as the legal or constructive obligation arises.

Grants and donations are recognised when a commitment has been made externally and there are no pre-conditions still to be met for entitlement to the grant which remain within the control of the PCC.

The costs of clergy (Vicar and Curate) are accounted for in the payments made to the London Diocesan Fund. The London Diocese is responsible for paying the stipend and housing costs of both individuals, as is standard practise in the Church of England.

1.6 Fixed Assets

Consecrated and benefice property of any kind is excluded from the financial statements by Sections 10(2) (a) and (c) of the Charities Act 2011. All expenditure on such property, whether improvement or maintenance, is written off in the year it is incurred. The buildings and contents are insured for £6,650,000. Such buildings include the Church, Church Hall (both) and Church Cottage (buildings only).

No value is placed on any movable church furnishings that cannot be disposed of without a faculty, and which are regarded as "inalienable" property held on special trust on behalf of the PCC, and forming part of the consecrated property excluded from the financial statements by the Charities Act 2011.

Other tangible fixed assets may be capitalised if they can be used for more than one year and cost at least £5,000. They are otherwise written off in the year of acquisition. All significant items are included in the Church's inventory.

The house in Drayton Gardens is a freehold property valued at its purchase price in 1992. It is not depreciated as its estimated residual value is not less than its carrying value and it has an expected useful life in excess of 50 years, so any depreciation charge would be immaterial. It is maintained in good order and is insured for a rebuilding cost of £449,176. It is usually occupied by a curate, as was the case in 2024.

During 2022, the PCC agreed to rollover a sum of £5,000 for a further 3 years with the Missional Housing Bond Fund. The issue is unsecured but believed to be relatively low risk given the nature of the underlying assets (London housing stock). The Bond is operated by Affordable Christian Housing, (“ACH”) a Christian housing association with over 20 years’ experience in providing affordable housing to key Christian workers. It is registered with the Financial Conduct Authority and has charitable status. ACH followed FCA guidance in determining how to issue the bond. As an Industrial and Provident Society, ACH did not require FCA approval to issue the Bond.

St Stephen's Ealing PCC Registered Charity No. 1133772

Accounts Page 4 of 9

Parochial Church Council of St Stephen, Castle Hill, Ealing

NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 December 2024

2
2a
Regular Giving
Collections at Services
Sub-total (for tithe purpose)
Mission Collections (inc gift aid)
Special Donations
Legacies
Grant from St Luke's Hall Trust
2b
Activities to generate funds
Christmas Fair
Hall Lettings
2c
CCLA - CBF interest
Housing Bond interest
Bank Interest
2d
Fairtrade Stall
Social Events, Courses & Other Activities
Outreach Activ
Banns, Funeral Fees, Verger Fees
Rebates and one-off
2e
St. Luke's Hall Trust
TOTAL INCOME AND ENDOWMENTS
Grant for Major Building Project
Charitable Activities
Donations and legacies
Income from Investments
Gift Aid Recovered (Note 4)
INCOME RESOURCES
Unrestricted
Restricted
Funds
Funds
£
£
142,328
1,392
28,869
172,589
-
6,091
11,050
9,452
40,000
193,090
46,091
4,375
52,062
52,062
4,375
289
102
1,316
1,707
-
322
320
1,160
608
2,857
5,267
-
115,887
-
115,887
252,126
166,354
TOTAL FUNDS TOTAL FUNDS
2024
£
142,328
1,392
28,869
172,589
6,091
11,050
9,452
40,000
239,182
4,375
52,062
56,438
289
102
1,316
1,707
322
320
1,160
608
2,857
5,267
115,887
115,887
418,480
2023
£
156,316
4,264
36,209
196,789
6,984
6,387
-
40,000
250,159
4,971
37,763
42,734
169
2
171
775
611
485
346
1,839
4,056
21,720
21,720
318,840

St Stephen's Ealing PCC Registered Charity No. 1133772

Parochial Church Council of St Stephen, Castle Hill, Ealing

Accounts Page 5 of 9

NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 December 2024

3a
Christmas Fair
Transaction costs on donations
3b
A Rocha
Amos Trust
Christian Solidarity Worldwide
Church Army (for Marylebone Project)
LAMB Health Foundation
UFM (re Ellie Maffett)
West London Trust (for Ealing Christians Against Poverty)
Ealing Soup Kitchen
Christian Aid
Diocese of London Lent Project
Ealing Churches Winter Night Shelter
Ealing Foodbank
MacMillan Cancer Support
Spread a Smile
Tearfund
Support to people in need
Gurnell Grove Community Trust
Total Missionary and Charitable Giving
3c
Diocesan Fund
Vicar's Expenses
Curate's Expenses
Associate Vicar's Expenses
Outside Speakers
Training / Staff Training / Retreat
Children
Youth
Discipleship
Prayer, Service and Communion
Flowers
Music
Copyright Licensing
Outreach
Publicity
Fairtrade Stall
Social Events
Refreshments
Gifts
Diocesan Fees
Vacancy / Sequestration costs
Ministry Assistant Subsistence and expenses
Worship Minister Expenses
Youth Worker Expenses
Families & Children's Worker Expenses
Total Work of the Church
EXPENDITURE ON CHARITABLE ACTIVITIES
Missionary and Charitable Giving
The Work of the Church
RESOURCES EXPENDED ON RAISING FUNDS
COST OF RAISING FUNDS
Unrestricted
Restricted
Funds
Funds
£
£
36
638
266
302
638
2,800
2,800
2,224
2,800
2,800
385
2,800
2,800
2,800
3,737
157
91
744
757
217
109
1,690
1,533
7,500
21,224
17,520
92,698
534
1,111
181
376
651
404
1,016
333
2,998
1,366
766
444
400
1,358
857
3,442
118
601
100
109,752
-
TOTAL FUNDS
2024
£
674
266
940
2023
£
467
467
2,000
2,800
2,800
3,183
2,800
2,000
2,800
2,800
729
1,256
5,710
1,326
171
2,269
1,418
7,500
41,561
98,000
644
456
83
56
1,222
458
322
135
760
369
1,894
1,301
1,122
747
213
794
748
607
466
1,112
90
-
-
111,600
2,800
5,024
2,800
3,185
2,800
2,800
6,537
-
157
-
835
757
217
109
1,690
1,533
7,500
38,744
92,698
534
1,111
181
-
376
651
404
-
1,016
333
2,998
1,366
766
444
400
1,358
857
3,442
118
601
-
100
-
-
109,752

St Stephen's Ealing PCC Registered Charity No. 1133772

Accounts Page 6 of 9

Parochial Church Council of St Stephen, Castle Hill, Ealing

NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 December 2024

3d
Salaries and pensions
Adjustment for 2021
3e
Printing, stationery & Postage
Recruitment
Computing & Website
Payroll & Accounting Software
Subscriptions, Licences etc
Independent Examiner Fee
3f
Premises Costs
Premises Running Costs
Water, Light and Heat
Telephone, Broadband
Insurance
Council Tax
Cleaning
Maintenance main buildings
Maintenance other properties
3g
Entrance Improvement Project
Church Management and administration
RESOURCES EXPENDED ON CHARITABLE
ACTIVITIES
TOTAL RESOURCES EXPENDED
Employment Costs (Note 15)
Major Building project
RESOURCES EXPENDED ON MAJOR
BUILDING PROJECT
Unrestricted
Restricted
Funds
Funds
£
£
36,520
38,677
1,350
2,508
37,870
41,185
2,924
1,160
2,160
748
718
7,709
-
12,816
9,161
727
3,756
2,548
1,190
30,197
-
26,588
633
57,418
-
233,974
58,704
115,889
-
115,889
234,276
175,231
TOTAL FUNDS TOTAL FUNDS
2024
£
75,197
3,858
79,055
2,924
1,160
2,160
748
718
-
7,709
12,816
9,161
727
3,756
2,548
1,190
30,197
26,588
633
57,418
292,678
115,889
115,889
409,507
2023
£
58,726
58,726
2,646
2,319
3,419
644
552
360
9,940
17,393
8,710
527
3,740
3,299
1,252
34,921
11,846
798
47,565
269,392
20,520
20,520
290,379

St Stephen's Ealing PCC Registered Charity No. 1133772

Accounts Page 7 of 9

Parochial Church Council of St Stephen, Castle Hill, Ealing

NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 December 2024

4 Gift Aid Recovered
Tax reclaims on planned giving
(2a)
Tax reclaims on other voluntary donations
£
Unrestricted
28,869
-
£
Designated
1,250
2024
£
£
Restricted
Total
-
28,869
965
2,215
2023
£
Total
36,020
-
28,869 1,250 965
31,084
36,020
5 Debtors & prepaid expenses
Prepaid expenses – Insurance
Tax refunds due on gift aid donations
Sundry debtors *
2024
£
3,845
1,815
17,723
2023
£
3,756
11,876
3,908
23,382 19,539
6 * Includes £15,420 due for Entrance Improvement
Financial Instruments
CCLA - CBF Church of England Deposit Fund
Project, since received.
2024
£
5,729
2023
£
5,440
7 Cash at Bank and in Hand
Short term deposits (<3months)
Cash at Bank
Cash in hand
2024
£
70,380
143,488
-
2023
£
187,292
213,868 187,292
8 Creditors and accrued expenses
2024
2023
£
£
Mission payment accruals
1,279
2,286
Income deferred
4,365
-
Deposit held re letting
600
Sundry year-end expense accruals *
19,418
1,640
The PCC is in the middle of changing banks from Barclays to Lloyds, and also seeking improved interest rates until the surplus
reserve funds are needed
25,662 3,926
9 * Includes £15,420 owed for Entrance Improvement Project, since paid.
Unrestricted Funds
Brought
Additions
Transfers
Forward
Income
£
£
£
Designated Funds
Mission Fund
3,430
17,259
Maintenance Reserve Fund
31,415
-
15,000
Special Projects Fund
26,905
15,702
500
People in Need fund
583
100
Amounts
Carried
Used
Forward
£
£
(19,600)
1,089
-
46,415
(1,891)
41,216
(683)
0
62,333
General Fund (undesignated)
93,144
15,802
236,324
32,759
(32,515)
(22,174)
88,720
(212,102)
84,850
Total Unrestricted Funds
155,477
252,126 244 (234,276)
173,570

Planned use of Designated Funds

The Mission Fund represents a tithe of 10% on regular giving during the year, and is designated for nominated 'mission partner' charities (see Note 13). The PCC aims (but is not committed) to give a fixed amount from this fund to each of 7 mission partners each year.

The Maintenance Reserve Fund represents funds designated for spending on long term maintenance and improvement of the church buildings and grounds. The PCC anticipates using this for Car Park improvement.

The Special Projects Fund represents excess General Funds and income from legacies and special donations and is designated for future projects, as yet unspecified until we know the cost of the Car Park project. This year it funded a Defribrillator and advertisement for a new vicar.

The People in Need Fund represented donations designated for assisting individuals in need of financial support towards specific expenses, as approved by the Vicar.

St Stephen's Ealing PCC Registered Charity No. 1133772

Accounts Page 8 of 9

Parochial Church Council of St Stephen, Castle Hill, Ealing

NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 December 2024

10 Restricted Funds

Mission Fund
St Luke's Fund
St Luke's Project Fund (SLPR)
Total Restricted Funds
Restricted Funds
Brought
Additions
Transfers
Amounts
Carried
Forward
Income
Used
Forward
£
£
£
£
£
734
10,467
(244)
(10,658)
£300
57,133
40,000
(2)
(48,685)
£48,447
-
115,887
2
(115,889)
£0
57,867
166,354
(244)
(175,231)
£48,747

The Mission Fund represents donations for missionary and charitable giving as disclosed in Note 3b. St Luke's Fund represents a regular annual donation from the St Luke's Hall Trust.

St Luke's Project Fund represents donations from the St Luke's Hall Trust specifically for the Entrance Improvement Project and is separate from the main St Luke's Fund.

11 Endowment Fund

House in Drayton Gardens

£ 94,777

See Note 1 - The house in Drayton Gardens is usually occupied by a curate and is a freehold property valued at its purchase price in 1992.

12 Analysis of Net Assets By Fund type

Fixed Assets:
House in Drayton Gardens
Missional Housing Bond
Net Current Assets
Total Net Assets
Fixed Assets:
House in Drayton Gardens
Missional Housing Bond
Net Current Assets
Total Net Assets
£
£
£
£
Unrestricted
Restricted
Endowment
Total
-
94,777
94,777
5,000
-
-
5,000
169,789
47,528
-
217,317
174,789
47,528
94,777
317,094
£
£
£
£
Unrestricted
Restricted
Endowment
Total
94,777
94,777
5,000
5,000
150,477
57,868
208,345
155,477
57,868
94,777
308,122
2023
2024

13 Payments to Mission Partners from Tithe

The PCC has a long standing policy of allocating 10% of regular giving to charity, through a designated Mission Fund. During the year, charitable payments were made to the following charities from this tithe:

A Rocha
Amos Trust
Christian Solidarity Worldwide
Church Army (for Marylebone Project)
LAMB Health Foundation
UFM (re Ellie Maffett)
Ealing Soup Kitchen
West London Trust (for Ealing Christians
Against Poverty)
2024
2023
£
£
2,800
2,000
2,800
2,800
2,800
2,800
2,800
2,800
2,800
2,800
2,800
2,800
2,800
2,000
2,800
19,600
20,800

Payments in the year were partially covered from the previous year's carry forward balance in the fund.

St Stephen's Ealing PCC Registered Charity No. 1133772

Parochial Church Council of St Stephen, Castle Hill, Ealing

Accounts Page 9 of 9

NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 December 2024

14 Related party relationships and transactions

No remuneration or other benefis from employment with the charity or a related entity were received by any Trustees. There have been no other related party transactions in the reporting period.

Normal expenses incurred on church activities were reimbursed to clergy, trustees and church workers. During the year the following Trustees were also Trustees of related entities (see below for details):

Related organisation or party

Revd Steve 1 - ‘Ex-officio’ Chair of Trustees of St Luke’s Hall Trust (charity number 1069790) until March 2024 Newbold 2 - Trustee of Gurnell Grove Community Trust (charity number 1174906) until March 2024

3 - Revd Caroline Newbold (wife) was a part time paid employee, as Youth Pastor until March 2024. Her salary (including pension) for the year was £2,777, and she claimed expenses of £181.

Jane Maffett Trustee, and Treasurer of Gurnell Grove Community Trust (charity number 1174906). (Also since 19 May 2024 Treasurer of St Stephen's Ealing PCC)

Transactions - During the year the following either made payments to or were in receipt of payments from St Stephen’s Ealing PCC:

St Luke’s Hall Trust (SLHT) : St Luke’s Trustees agreed the following grant payments to St Stephen’s Ealing PCC:

• £40,000 to support the work of the church and parish

• £115,889 for the project for improving the Entrance of the Church Buildings

Both are routed through separate Restricted funds.

(The history here is that St Luke’s in the early 20th century was a church plant from St Stephen’s on the edge of the parish. After that church closed, a Trust was set up for its church hall, which was still in place, to be used mainly for community activities, subsequentally registered with the Charity Commission in the 1980s. When that building was sold in 2015, the proceeds were invested by the Trust, and the trustees have since been making annual donations of circa £40k to the PCC from the income.

The Trust is written for the benefit of the geographic parish of St Stephen, and here is an extract from their accounts: The objects of the Trust are to use the permanent endowment assets of the Trust for the religious and other charitable purposes of the Church of England in the Ecclesiastical Parish of St. Stephen, Ealing .)

In accordance with its constitution the Trustees of SLHT are appointed by the PCC of St Stephen’s Ealing.

Gurnell Grove Community Trust (GGCT) : grant payments totalling £7,500 were made by the PCC to GGCT for the work of The Grove Community Church.

(The Grove Community was a church plant on an estate in our parish, initially from St Paul’s Ealing with the support of St Stephen’s Ealing, then run independently under its own charity from October 2016 - St Stephen’s has been making donations from the start. The annual donation is just one of many from churches and individuals. There were 5 trustees at the year end, including our former vicar until his departure. There is currently one other trustee from St Stephen’s – the other trustees have no links to St Stephen’s and the PCC has no power over the appointment of Trustees.)

15 Employees

loyees
Number staff employed in Ministry
Number of staff employed in administration
Employment costs
Salaries
Social Security costs
Pension
2024
2023
2
2
2
2
4
4
2024
2023
£
£
70,277
54,877
-
-
4,919
3,849
75,196
58,726

There were no employees with remuneration over £60,000

Employers Social Security costs were all covered by the Employers NI Allowance The PCC operates a Defined Contribution retirement benefit Scheme for staff

Note 2d – The adjustment of £3,858 related to an error in 2021, when an accrual was made which should, the following year, have been allocated for HMRC payments due. (The employment costs in 2021 should have been higher by this amount.)

St Stephen's Ealing PCC Registered Charity No. 1133772

Independent examiner's report on the accounts

Section A Independent Examiner’s Report

Char Parochial Church Council of St. Stephen, Castle Hill, Ealing ity Name

Report to the trustees Char Parochial Church Council of St. Stephen, Castle Hill, Ealing ity Name On accounts for the year 31 December 2024 Charity no 1133772 ended (if any) Set out on pages 1-9 (remember to include the page numbers of additional sheets)

I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31 December 2024. Responsibilities and As the charity's trustees, you are responsible for the preparation of the basis of report accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).

I report in respect of my examination of the Trust’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 Act.

Independent I am qualified to undertake the examination by being a qualified member of examiner's statement the Institute of Chartered Accountants in England and Wales .

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect:

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Signed: Date: 06 May 2025 Name: Valerie Steward Relevant professional BSc BFP FCA FCCA FRSA qualification(s) or body

Oct 2018

1

IER

(if any):

Address: Greenfield Farm 23 West Street Hibaldstow DN20 9NY

Section B Disclosure

Only complete if the examiner needs to highlight material matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners).

Give here brief details of None any items that the examiner wishes to disclose .

Oct 2018

2

IER