BELONGING all saints hampton GflOWINC All Saints, Church, Hampton ANNUAL REPORT and Financial Statements of the Parochial Church CounGiI Forthe yearend 31. December 2024 Incumbent: The Revd Donna Williams Registered Charity Number 1133867
Annual Report and Accounts for the Parochial Church Councll of All Saints, Church, Hampton For the ear ended 31 December 2024 Contents Administrative Information Trustees, Report Independent Examiner's Report Slatement of Financial Activities Balance Sheet Notes to the Financial Statements 9-12
Annual Report and Accounts for the Parochial Church Council of All Saints, Church, Hampton For the ear ended 31 December 2024 CHARITY INFORMATION FOR THE YEAR ENDED 31 DECEMBER 2024 Members of the ParoGhlal Church Councll Incumbent Revd Donna Williams Llcen¢ed Lay Mlnlsters: Chris Saul Anne Walker Churchwardens: Julie Ford John Brigden Elected Members Deanery Synod Representatives- Anne Walker Paula William8 Richard Ennals {deceased December 20241 other Elected Member5 Ray Barrett Honey Blick John Brigden Michael Chipps Bobbio Ennals Osagie Ezeki81 Carol Goodger Lee Herdman Maureen Miller Dave Teager John Winterburn Officers PCC Secretary: Treasurer- Safoguarding Officer.. Children's Champion.. Bobbie Ennals Ray Barrett John Winterburn Mark Williamsl Rose8nn8 Shafford Member Tenure Retired 2024 Retiring 2025 Retiring 2026 Ratiring 2027 Carol Goodger Ire- standingl Osagie Ezekiel Ire standing) Carey-Anne Gibson lfjng Dave King Ray Barrett, Honey Blick. 08agie Ezekiel, Carol Goodger, Dave Teager. John Brigden Lee Herdman Maureen Miller John Winterburn Bobbie Ennals Michael Chipps Charlty Reglstratlon Number 1133867 Prlnclpal Address The Avenu8, Hampton, TW12 3RG Independent Examlner Nicholas J Stevens FCA, 37, Grayham Road. New Malden, KT3 5HW Bankers Charities, Aid Foundation
Annual Report and Accounts for the Parochial Church Council of All Saints. Church, Hampton For the year ended 31 December 2024 Alm of the charlty All Saints. P8roohial Church Council {PCC} has the responsibility of cooperating with the incumbent in promoting in the ecclesiasliGal parish, the whole mission of the Church, pastoral, evangelistic, social and ecumenical. The PCC is also speoifically responsible for the maintenance of the church, church hall and thè property at 44 The Avenue known as Wes00d Cottage. Objectlves Our vision is to Love first.. Love Jesus; Love each other. The PCC is committed to enabling as many people as possible to be transformed by the love of Jesus and be welcomed to their parish church, a place to worship and find Community. We praotice generous orthodoxy, where people can worship in a tradOn, acoepted by the Church of England. We are an intergenerational church, believing that each pètson has a place to belong and seTve. We each offer unique qualities and together we are the church As a paiish ohurch, we meet at different times throughout the week for worship and prayer. Our heart is to discipline people in the ways of Jesus and to encourage and support each other in living out a lifo of faith in Jesus. We provide pastoral care for people in the parish. We support mission and outreach.. locally, nationally and internationally. We have increased our reach into tho Community through events, children's activity afternoons, a community cafe, Toddler Group and in partnering with other providers of services to the community such as Crosslight, Ruils. Shooting Stsr and Achieving foT Children. Attendance Vve have three services every Sunday and a mid-week servioe on Wednesday. We have also introduced a new contemplative servi¢e at 7pm on the first Sunday oflhe month. At the time of the 2025 Annual Meeting the Electoral Roll shows a slight incfease in numbers from last yèar from 163 to 165. This year was a complete refresh and we are delighted that many from our 4.'30pm service have now joined the eleotoral roll. The breakdown for this year is 74 who are non40sident in the parish and the remaining 91 being residents. Our attendance at services in 2024 inc¥eased We live-stream our 1 Oam and 4.30pm service each week, as w811 as additional festival Services. These are watched Iwo by on average 15 people, and are played back after the service on average 35 times a week. Subs¢ribers to the youtube channel have increased by 26. According to our mission ststistics in rgturns, this has been a year of mixed forbjnes. Our usual Sunday attendance has increased by 8pproximately 10%, although our worshipping community has decreased by 130h. Howevei, the usual Sunday attendance by children ha8 shown a small increase. Revlew of Aotlvltl¢s We have had 5 baptisms, 1 thanksgiving service. 2 Weddings. 1 marriage blessing, 8 funerals and 5 interments in our Memorial Garden. This enables us to reach now families and support families through life evenls. We had a very successful and busy Christmas with 359 attending, up on the previous year which was 175. At Easter we welcomed 196 from the Gommunity to SeNiS and events We ran Lent Courses and bible stmdies through the year. We ran our first Alpha course. where wa oxplored the Christian Faith together. Our mission giving saw us give money to Tearfund. Alma, and St Raphael's hospice. We continue to grow our Community Activities. Among others, this year we held., Our annual pancake party, Plant and Cake sale, Classical music evening, BBQ, Live music event and Christmas mark8t. Our Children's Activities afternoons are now held each school holiday. Thesg are very well attended by the community. We were able to provide a hot meal at these events. In Octobei we hosted an allernative to halloween with a large Light Party for Children. Our Community Cafe continues to be popular local people. We have established links with Ruils to support health checks and provide information on NHS seNic8s and Crosslight who can provide debt advice and money management services. Room for Work continues to run courses in the hall. They support and train those looking to get back into the workplace after a period of time without work. We have also beèn able to promote this course through our channels. Our relationships with local Care Homes has continued to be well established as we visit regularly and we providod a Christsnas event for residents. We have begun a monthly service at Marling Court. and visit people at Hampton Care and Sunbury Nursing Home. We continue to build on our relationship with Shooling Star Hospice, PToviding in-hous6 training and supporting staff. In Dgoomber the church hosted the Hospice "Light up a Star. event. We have 5 schools in our parish. The VioaT is a governor at Buckingham Primary school. We have given assemblies in all h0o1$. 3 schools have visited the church building as part of their Religious Studies curriculum. Our vision for a community hall b8g8n to tako shape as different people hired Ihe hall. We have a numbèr of groups who serve thg community vsing the space.The hall rental and usage ha8 increased and this oontributes to the finances of the church. Vlslon for the comlng year In the coming yoar we want to spiritually grow deeper and share the hope of Jesus with otheis. We aro Committed to growng leaders, across the seNicos and all ages. We want to invest time and resources into the children and youth in order to grow these ministries. We will continuo to partner with organisations like Achieving for Children, Ruils, Room for Work. Crosslight and others tr) extend our reach in the community and provide resources to areas of need. We want to extend the courses we lun and this includes the Bereavement Journey.
Annual Report and Accounts for the Parochial Church Council of All Saints, Church, Hampton For the year ended 31 December 2024 Flnancial review The PCC is responsible for all parish finance. its management and control, including tha appointment of a treasuier. Charity18w requires the PCC as trustees of the Churoh to prepare an annual report and financial statements for each financi81 year that give a true and fair view of the Church's finan¢ial activities during the year and of its fin8n¢ial position at the end of the year. The PCC is also required to ensure that these are subjected to an annual independent examination or audit and to present these to the Annual Parochial ChuTch Meeting in accordance with the Church Representation Rules. The attached accounts meet theso roquirements. In 2023 we undertook a major refurbishment of the ChuiGh Hall and the ohurch owned proparty, The Cottage at 44 The Avenuo. To undertake these works a mortgago of £400,000 was secured from Reliance Bank, the long term liability has been included into these a¢counts. The torm of this mortgage is 23 years. with interest only repayments for the first 2 years. In addition, generous gifts from the church community, grants from the Diocese of £15,000 and a legacy of £100,000 were recewed to support the developmont of the Hall Project. Loans from members of the church of £110,Th)O were all repaid in 2024. Total receipts on ordinary unrestricted funds were £220.303 and are detailed in the financial statsments {2023.. £249,065). This sum includes the incomè from the hall lettings, the r8ntsl inoome received from letting of the propety at 44 The Avenue in addition to the règular giving of the congregation 8nd other donations. A tolal of £191,853 was spent to provide the Christian ministry from Al Saints. Church (2023.. £134,830}- Our contribution to the diooesan parish share by arrangement with the Diooese was, £20,000 (2023- £18,6QOI, continuing the increase since 2022. The parish share is our contribution towards the stipfynd and housing for the vicar. together with a vast range of other items. The surplus for the year was £28,450 12023.. £114,234) which, afte¥ transfers to and from the restsictsd and designated funds increased gèneral funds fiom £54,066 to £73,896 12023= feduced from £108,879 to £54,066). Reserves pollcy It is PCC policy to maintain a balance on unrest¥i¢ted funds lif possible}, which equatos to approximately six months, unrestricted payments in addition to the balance sheet value of fixed assets, to cover emergency situations that may arise fiom timo to time. As at 31 December 2024 these froe reserves were below the tsrget at 4.6 months12023: 4.8 months). Volunteers This year we took some time in the office to look at how many volunteers we have across 811 serVis. We calculated that 75% of regular attendees volunteer in some capacity. This is a huge percentage for a church congregation and something we are hugely proud of as it shows the commitment of our people. People give so generously of their time and their skills to assist us in so many ways. This blesses the church and the community beyond as so many of the ministries oui voluntsers support reach across Hampton. Structure, governance and management The PCC is a corporate body established by the Church of England and it OP8ratss under the Parochial Church Council Powers Measure. The PCC is a Registsred Charity Number 1133867 and PCC members are trustees of the chaiity The method of appointsnent of PCC mombers is set out in the Church Representstion Rules. At All Saints, the membership of the PCC consists of ex officio members and those elected by members of tho congregation who are on the Electoral Roll of the chuich. All those who attend our services are encouraged to register on the Electoral Roll and stand for election to the PCC. Responsibility for setling policy and for determining the parameters thIn which the PCC should operate rosts with the members of the PCC. who meet regularly to review and plan aotivities. The members of the PCC have delegated responsibility for the day-to-day operation of the PCC to a leadership team led by the incumbent. The members of fhe PCC receNe training and advice from the local Diocese. The PCC members are responsibl8 for making decisions on all matters of general concern and importance b the parish including deciding on how the funds of the PCC are to be spent. PCC members are kept infom)ed on matters affecting the parish, including health and safety, relevant legislation gnd safeguarding. Onè of the PCC is appointed as Church Safeguarding Officer and advises the members of the PCC on all matters relating to safeguarding. A Health and Safety Policy is in place and is kept under review. The PCC has adoptsd and co-operates with tha Diooese of London in its Safeguarding Policy and safer reoruitment process, including DBS checks made before any member of staff or voluntser 18 engaged to work with children or adulls at risk. The PCC co-operates with the Dio¢es8 of London at all levels in the pursuit of its charitable objectives. Additionally, the Vicar and Churchwardens form the Executive Committee which meets as needed. This Committee is empowered by the PCC to make decisions as may be required be88n PCC meetings and any key deoisions made at this Committee and requiring appioval by the full PCC are communicated lo the PCC members for their approval via email. The PCC has met bi-monthly through the year Accounts approved bythe PCC and slgned on thelr behalf by Revd Donna Wllllams dated 4 202S
Annual Report and Accounts for the Parochial Church Council of All Saints, Church, Hampton For the year ended 31 December 2024 Independent Examiner's Report to the Trustees of All Saints Hampton Parochial Church Council I report on the 8cGounls of the church for the year ended 31 DeGember 2024 which are set out on pages 7 10 12. Respective Responsibilities of Trustees and Examiner The church's Iruslees are responsible for the preparation of the a¢counls. The ¢hurch's Iruslees consider that an audit is not required for this year under section 144{21 of the ChaTilies Act 2011 (the 2011 Actll and that an independent examination 15 needed. 11 is my responsibility to.. Examine the accounts under section 145 of the 2011 Act., To follow the procedures laid down in the General Directions given by the Charity Commissioners (under se¢lion 14515llbl of the 2011 Act)., and To slate whether particular mallers have come to my allenlion. Basis of Independent Examlnerf8 report My examination was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounls presented with those records. It also includes consideialion of any unusual items or disclosures in the accounts. and seeking explanations from you as Iruslees concerning any such mallers. The prOdureS undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as lo whether the accounts present a'lrue and fair view, and the report is limited lo those matters set out in the statement below. Independent examlner's ststement Since the gross income for the prior year exceeds the amount provided in section 145{31 of the Act, I confirm that l am qualified lo act as Independent Examiner under the provisions of that section of the Act and that my qualification is as shown below. In conneclion with my examination. no maller has come to my attention- which gives me reasonable cause lo believe that in any material respect the requirements to keep accounling records in accordance with section 130 of the 2011 Acl-, and to prepare accounts which accord with the accounting records and comply with the ac¢ounling requirements of the 2011 Act have not been met., or n, attention should be drawn in order lo enable a proper understanding of the accounts lo be reached. 2. to which, in op Signed: Nicho188 John Stevens FCA (Fellow of the Institute of Chartered Accounlafits in England and Vvalesl 37 Grayham Road, New Malden, Surrey, KT3 5HW Dale-
Annual Report and Accounts for the Parochial Church Council of All Saints, Church, Hampton For the year ended 31 December 2024 Statement of financial activities Unrestrlcted Funds Restrlcted Funds Tota Funds 2024 Total Funds 2023 Nots Income Income from: Donations and legacies Charitable activities Interest receivable Other income 132,150 6,777 180 81,196 220,303 132,150 8,220 180 81,196 282,421 14,389 212 30,607 327,630 1,443 Total 1,443 221,746 Expendlture Expendlture on: Charitable activities Raising funds Othèr Total 140,665 3,504 140,665 3,504 47,683 191,853 114,473 1,773 191,853 137,539 Net Incomel{expendlture) 28,450 1,443 29,893 190,091 Transfers betreen funds 4,755 14,7551 other recognlsed gainsl{1055es}: Net movement In funds 33,205 13,3121 29.893 190,091 Reconclliatlon of funds: Total funds brought forward Total funds earrled forward 469,024 10,895 479.919 289,828 479,919 502,229 7,583 509,812 Movements on reserves and 811 recognised gains and losses are shown above. The notes on pages 9-12 form part of these accounts
Annual Report and Accounts for the Parochial Church Council of All Saints. Church, Hampton For the ear ended 31 December 2024 Balance sheet Total Funds 2024 Total Funds 2023 Note Flxed Assets Tangiblo Fixed Assets Investrnents 834.631 1.353 835,984 836,158 1.353 837,511 Current assets Debtors Cash and cash equivalents Total current assets 18,853 70,463 89,316 100,105 74,459 174,564 Creditors- amounts f811ing due wiihin one year 23.532 122,156 Net current assetsl{Ilabllltles} 6S,784 52,408 Total assets less current liabilities 901,768 889,919 Creditors.. amounts falling due after one year 391,957 410,0 Total net assets or Ilabllltles 509,812 479,919 Parlsh Funds General funds Designated funds Restricted funds io 73,896 428,333 7,583 54,066 414,958 10.895 Total funds 509,812 479,919 The nolas on pages 9 to 12 form part of these accounts. Approved by the Parochial Church Council on and signed on its behalf by". The Revd Donna Williams (Chairl 4 MA¥4 Zu25-
Annual Report and Accounts for the Parochial Church Council of All Saints, Church, Hampton For the ear ended 31 December 2024 Notes to the accounts Note 1 Accountlng Pollcles The PCC Is a publlc benefit entity wthin the meaning of FR8102. The linan¢Sal statements hav6 been prepared under thè Charltlès Act 2011 and in a¢¢ordance wth the Church Accounting Regulations 2006 governing the individual a¢¢ounts of PCCS, and with th¢ Regulations Irua and falr view, provisions. it is also the first year that they have bèen prepared under FRS102120161 as the appllcable accountlng Standards and the 2016 vetslon of the Stat¢ment of Recommended Practice. Accounting and Reporting by Charfties {SORPIFRS10211. 1.2 Assets Consecrated and benefice property In so far as consecrated and benefice property of any kind Is excluded from th8 Statutory delinltlon of 'charity by S8Ction 1012lla) and {¢) of the Charitiès A¢t 2011 such assèts are not caplISed In th& linancial statemsnts. Moveable church furnishlng5 These are capitalised at ¢ost and depre¢ialed over their useful economic life other than wherè insuffi¢ignt cost information is avai18ble. In th15 cas8 the Item Is nol capitali5ed. but all items are included In tho Church's inventory In any ¢as8. Tangible fixed assets for use by charity These are ¢apitalised rf they can be used lor n)Jr8 than one year, and cost at least £l.000. They are valued at C05t or else. for gllts-In.kind. at reasonabl6 e5tlmate of thelr open markèt value on recalpt. Depreclatlon 15 calculated to rte off the eapitallzod cost of flxed assets less Ihelr Currently antlclp8ted resldual falr value over tholr estimated useful lives as follows-. Land Fixlur6s & Ftttlngs Computèr and oudlo equlpment 20 years 4 years No depre¢iation is pmvidgd on buildings as tha CuTntlY estimated r85idual value of the properties Is not less than thelr carrying value and the remaining useful life of these assets ¢urrenlly èxceeds 50 years, so that any dapreciation charges would be immaterial. An Impalrrnent revlew15 Carried out at each y6ar-ènd and any resutsnt loss Identlfied Included In expèndlture for the year. 1.3 Investments Investments quotad on a recognised slock exchange OT whose valuè dOvS from Ih•m ar¢ valuod at market valut at the ar and. Other investment assets are includod at PCC'S best estimate of markgl value. 1.4 Short term deposits These are the cash hèld on daposits wilh thè banks. 1.5 Funds Unrestricted Fund5 These represent the remalnlng incom8 funds of the PCC that are avallable for spanding on the genoral purposes of the PCC. Sncluding amounts designated by the PCC lor flxed assets lor Its own use or lor $pgnding on a fulurg projo¢1 and whi¢h ar6 therefor8 not included In Its 'Iree reserves. as disclosed in the trustees. report. Reslricled Funds These are Income funds that musl be spent on r8Stricted purp0585 and detalls of the funds held and restrictions provlded are shovm In thè otas lo the accounts. The accounts Include all transactions, assets and liabilities for whlch the Charity is rosponsibl8 in law. 1.5 Income Donations and Legacles Collections are ro¢ogni$ed when re¢eiv8d by o¥ on behalf of the PCC. Planned glving r8celvable vnder Glft Ald Is recognlsed only whon racewed. Incomè tax recoverable on Gift Ald dOnaon$ Is re¢ognlsed vthen the in¢omo Is re¢ognlsed. Grants and lega¢ies to the PCC are a¢¢ounled for as soon as the PCC Is notified of its legal entltlemant, the amount due 15 quantifiable and Its ultimate receipt by the PCC 15 reasonably Certaln. Funds ralsed by the fete. bazaar, book salès and similar are accounted lor gr055. Income from Charitable Activities Income from charltable activltles relate5 to In¢ome arislng from the usual a¢tSvityof the chUh Including Weddlng Fees, Course or Event incomè. The Income is re¢ognised on the a¢¢ruals basis, al the time of the delivery ol the 8Ctivilies. Income from Investments Intèrèst 6ntleMents on bank accounts are a¢¢ounled lor as they accrue. other Income other income includes rental incom8 from the letting of church proporty is ro¢ognlsod whèn the rentsl Is due. 1.6 ExpenditllTe Liability recognition Liabilitis are recognised as Soon 8S ther8 Ss a legal or constructive obllg8tlon and s8ttl•mont Is probable and quantiflablo. Grants Grants and donations ar8 accounted lor whan pald over, or when awardèd. if that award create5 a blndlng obligatlon on tho PCC.
Annual Report and Accounts for the Parochial Church Council of All Saints, Church, Hampton For the ear ended 31 December 2024 Notes to the accounts Continued Note 2 Income 2.1 Donations and legacies Unrestricted Funds Reslrioted Funds Total Funds 2024 Total Funds 2023 Planned giving- Regulai Giving Gfft Ald rocoverable Other Donatlons. appeals ètc. Legacles Grants 64,851 32,127 15,846 19,025 64,851 32,127 15,846 19,025 65,829 10.281 12.599 73.712 100.QCK) 20,000 3CKJ 300 132 150 132 150 282 421 2.2 Charitable Activities UnreslTlCted Funds Restricted Funds Total Funds 2024 Total Funds 2023 Wedding5 and Funeral Fees Evenls and other S.812 966 1.443 7,255 966 6,998 7,391 2.3 Other Trading Activities Unrestricted Funds Restricted Funds Total Funds 2024 Total Funds 2023 Cottage letting Church Hall Lettlng5 34,200 46,996 34,200 46,996 14.492 16.115 Note 3 Expenditure Unrestricted Funds Restrleted Fund5 Total Funds 2024 Total Funds 2023 Charitable activities Common Fund D8precialion Admin Insuran¢è, Malnl8nancÈ and Uiillties ¢18ruy Exp&nsè$ Comms Mlnlslrles Events Staffing Vlcarau8 20.000 7.451 17,936 29,650 3,322 564 10,999 3,906 45.437 1,400 140,665 20.(MJO 7.451 17.936 29,650 3,322 564 10.999 3.906 45,437 1,400 140.665 20,472 7,451 10,410 17,610 3,859 393 6.839 S.074 41.041 1.325 114,473 3.2 Ralslng funds Rènlal Coltagè Runnlng Costs Olherfundralslng cosls 3.504 3,504 1,773 Other Hall Mainl*nancÈ and Con8umabt88 Olh8r expendlluro Loan In18resl 13.897 13.897 7.350 33,787 47.683 33,787 47,683 13.943 21,293 191853 1918S3 137539 Note 4 Staff ¢03ts Unrestricted Funds Restricted Funds Total Funds 2024 Total Funds 2023 Salariès Nalional Insurance Pensions other 35.833 3.780 2.019 3.806 35,833 3,780 2,019 3.806 33,454 3,899 1.414 2,274 Avéra e Number of Em lo ees 10
Annual Report and Accounts for the Parochial Church Council of All Saints, Church, Hampton For the ear ended 31 December 2024 Notes to the accounts contlnued Note 5 Flxed Assets Tanglble Flxed Assets Westwood Cottage Church Hall Equlpment Total Cost or Valuatlon At 1st January 2024 Disposals Additions at Cost 526,960 279,394 53,525 859,879 5,¥24 285,318 5,924 865,803 At 31st December 2024 526,960 53,526 Depreclatlon M 1st January 2024 Withdrawn on disposals Charge for the year At 31st December 2024 23,721 23,721 7,451 31,172 7,451 31,172 Net Book Value At 1st January 2024 526,960 279,394 29,804 836,158 At 31st December 2024 526,960 285,318 22,353 834,631 No depreciation is provided on buildings as the currently estimated residual value of the properties is not less than their carrying value and the remaining useful life of these assets currently exceeds 50 years, so that any depreciation charges would be immaterial. S.2 Flxed Assot Investment5 2024 2023 Banco Santaler shares15&)1 1.353 Note 6 Debtors 2024 2023 Legacy Other Debtors Prepayment 1,[10 18,OJO 853 105 100 105 In 2023 the PCC benefitted from a very generous legacy which was received as cash in January 2024. funds went towards the costs of the Hall Development project. Other Debtors comprises Gift Aid ieceivable. Note 7 Cash and cash equlvalentS 2024 2023 Amounts due wlthln one year Business Current Account Business Premium Account CAF Cash Account Other 5,139 17,386 46,955 18,&35 70,463 74,459 11
Annual Report and Accounts for the Parochial Church Council of All Saints, Church, Hampton For the ear ended 31 December 2024 Notes to the accounts contlnued Note 8 creditors Amounts due withln one year 2024 2023 Accounts Payabl Deferred Incomè 5.489 5.713 1,443 110.OOfJ Loans- Chur¢h Members Mortgage - Rellance Bank Loan- Dioc8S8 01 London 13,043 5,000 23,532 5,OCK) 122,156 8.2 Amounts due after more than one year 2024 2023 Loan - Diocasa ol London Mortgage - Reliance Bank 5,0 386,957 391,967 10,000 400,000 410,000 Interest free loans Irom Chuich Members were provlded to brfdge the period when development work was underway and until the generous legacylsee note 7. above) was received in cash. Of these loans. £90.000 Vfds rap8id in January 2024 1th tha balance repald In NOVeMr 2024. An Interest free loan from the Diocese of London was provbded to support the development of the Church Hall. Tha loan was for £15,000 rèpayable in three annual Installments of £5,0(Kl. The mortgage with Relian¢e Bank is repayable over a 23 year term with interest only payments forthe intial two year period. Inter8St is payable at a Vaable rate of 3.25% ovèr Bank of England base rate. Capital repayments bègan In Aprll 2025. Notè 9 Sumrnary of fund movement5 Hall Dev'ment Rèstrfcted General Fund Fund Other Designated Funds 3,800 Buildlngs Designated Funds 411,158 Other Restricted Funds 10,895 Total Balanee at 1st January 2024 In¢oming rèsource5 Resour¢es exp¢nded Transfer between funds Transfer between funds relatSng to Fixed Assets Balance at 31st Oecember 2023 54,066 479,919 221,748 (191,8531 1,443 220,303 {191,8531 4,7 11.4431 13,3121 {13,3751 13.375 73.896 3.800 424,633 7,583 609,812 Note 10 Summary assets by fund other Dèslgnated Fund5 8uildlngs Designated Fund5 General Fund Rgstricted Funds Totsl Tangible red asse18 Inv$stment assets 834.631 834,631 1,353 59,080 18,853 15,3911 1.353 Cash and Cash equivalents Debtors 3,8CY) 7,583 70,463 18,853 123.S321 1391.9571 609,812 Creditors - amounts due wthln one ye8r Creditors - amounts due after more than one year 118,1411 1391,9571 424,633 73,896 8,800 7,683 Note 11 Related Parties No paym&nts or e¥pen5es wera mada to any PCC member5. or p8rson5 closety connected to them during the cour58 or the year. Donations totalling £21,59412023.. £27,500) were received from related parties {PCC members) In the year. The donors dld not attach any condition to their grfts which required the charity {PCCI to 5tgnificantly atter the natur8 of Its extIng activities. Durlng 2023 membors of the PCC providèd Interest free loans to support the hall development proje¢t. The loans totalled £110.000 and were outstandlng at the ar end. Th05¢ loans wère repaid during 2024. A further re¢eipt of £5,000 was Incorre¢1 treated as a donation in 2023. This sum was a loan and was repald In 2024. No further loans have been made. R&vd Donna Williams is a Trustee of the charity Room for Work (charity number 11609571. During the year the char((y ran a course from the Church Hall and paid the market hir8 charges of £1,20812023'. £1.0081. 12