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2024-12-31-accounts

Trustees Annual Report and Financial Report

of The Parochial Church Council of the Ecclesiastical Parish of

Holy Trinity, Rudgwick

Church Gate House, Church Street, Rudgwick, Horsham, RH12 3EB

Registered Charity no. 1133926 Inland Revenue Tax Number: X89890

For the year ended 31 December 2024

Contents

Page

Website: www.rudgwickchurch.org.uk Incumbent: The Revd M P J King, The Vicarage, Cox Green, Rudgwick, Horsham, RH12 3DD Oakwood Business Consultants Independent examiner: Unit 3, The Dairy, Tilehouse Farm Offices, East Shalford Lane, Guildford, Surrey, GU4 8AE Lloyds Bank, Horsham Branch Bankers: National Westminster Bank, Carfax Branch, Horsham

Holy Trinity, Rudgwick Trustees Annual Re ort for 2024 p

Our aims and purposes as a charity

The Parochial Church Council (“PCC”) has the responsibility of co-operating with the incumbent, The Revd. Martin King in:

What we planned to do to achieve our charitable objectives

When planning our activities for the year, we have considered the Charity Commission's guidance on public benefit and, in particular, the supplementary guidance on charities for the advancement of religion. In particular, we try to enable ordinary people to live out their faith as part of our parish community through:

To facilitate this work, it is important that we maintain the fabric of Holy Trinity and St John’s and the other buildings for which we are responsible.

The PCC met 7 times during the year with an average attendance of 87%. The financial working group met in November to review the financial situation of Holy Trinity and to prepare the budget for 2025. The Vicar and Churchwardens met on an approximately three weekly basis.

The PCC has complied with the duty under section 5 of the Safeguarding and Clergy Discipline Measure 2016, fully recognising its duty to have due regard to House of Bishops' guidance on safeguarding children and vulnerable adults.

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What we achieved and how we affected beneficiaries’ lives

Attendance at worship

The church family welcomes visitors from within as well as outside the parish boundary. Visitors attend by personal choice and we welcome anyone from all walks of life to take part in the life of the church.

On 28 April 2024 there were 156 parishioners on the Church Electoral Roll compared to 153 in 2023, 29 of whom are not resident within the parish (2023: 30).

The average weekly attendance , counted during October, was 125 - 106 adults and 19 children (2023: 106) and the Average Sunday Attendance throughout the year was 101 adults and 18 children (2023: 96 and 15) with an average of around 16 people watching the service livestream each week (2023: 10) and YouTube recording an average of 29 ‘views’ a week, excluding ‘suggested video’ views (2023: 56 including ‘suggested video’ views).

We look to encourage the deepening of faith for all ages, and at our 10.30am Contemporary Family Service we run Sunday Rocks (our Sunday School) for children and young people. This is much appreciated by families and enjoyed by the children.

At Easter we saw an increase in attendance at Good Friday services with 85 adults and 5 children (2023: 79 adults, 5 children). On Easter Sunday we welcomed 148 adults and 22 children (2023: 135 adults, 28 children) to our services.

Christmas is a special time of celebration where many sections of the community come and join in the services, children and adults alike join in and memories are made. We welcomed 226 adults and 23 children (2023: 191 adults, 36 children) to carol services in the run-up to Christmas and nearly 500 school children and family members from both Rudgwick Primary School and Pennthorpe School to Christingle or Carol services. On Christmas Eve and Christmas Day 281 adults and 54 children joined us for worship (2023: 350 adults, 75 children).

Teaching, baptising and nurturing new and existing believers

In 2024 we celebrated the baptism of 3 children (2023: 8). We conducted 2 weddings (2023: 4) and a renewal of wedding vows. There were 3 church funerals with another 4 funerals conducted for parishioners at the crematorium (2023: 3 and 2). There were 3 burials of ashes in 2024 (2023: 1) this is because we have run out of new plots for the burial of ashes in the current garden of remembrance and are waiting for a new garden of remembrance in the churchyard extension. There was also one committal with the funeral service held in a London Church. We offer The Marriage Preparation Course to all couples getting married at Holy Trinity. In 2024 there were 2 couples who took part in the course which was run on Zoom video conferencing.

We continue to seek to extend the opportunities for people to use their gifts within the life of our community. A good number of the church family have been involved

“People in my small group are friends, but more than that, they are trusted disciples of Jesus. We are such a flexible group that fits with all our diverse lives and somehow fits us all to the blessing of Christ Jesus.”

“Reliable friendship group, who through Christian study, prayer and fellowship bolster feelings of social connection amidst today's online obsessed culture”

“A time of fellowship and learning. A time to pray and draw closer to the Lord. A time of great blessing.”

Small Group Members

in leading various aspects of worship , such as our intercessions, reading the lessons and leading services. Several members of the congregation have ‘Permission to Preach’ from the Bishop. Our music group and Church choir are much appreciated for their ministry leading us in sung worship.

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Our Small Groups are a strength of the Church, meeting to nurture believers, encourage people in their faith and to provide fellowship. There are 9 small groups in the Church, with 69 members.

As in previous years, a group from the Church attended the New Wine Summer Conference at the end of July helping to nurture people’s faith and provide Biblical teaching.

Work with Schools

We continue to be involved in the Schools in our Parish . The Vicar has taken services in Holy Trinity for the Primary School and Pennthorpe School at times such as at Easter, Harvest and Christmas. In November classes from both Schools visited the Rudgwick Remembers exhibition commemorating those from the village who died in the

“A lovely welcoming group who meet regularly to wrestle with bible passages and share life’s joys and struggles weekly through prayer together.”

“A caring group who meet regularly to look at God's word, pray for each other and help each other in times of need.”

“Small Group is great for friendship, fellowship and studying God’s word in a group and discussing.”

Small Group Members

World Wars. We continue to welcome students from Rikkyo School in England to our Sunday morning services and both our Youth Pastor and Vicar have been involved in services in the School chapel.

Our Open the Book team have continued to visit Rudgwick Primary School and Pennthorpe School to retell Bible stories in a fun, interactive and memorable way by acting them out and involving the children as much as possible. These are much appreciated and have been warmly received by staff and pupils alike.

Evangelism and outreach

“Good company, getting the old brain to do work, making new friends.”

“I enjoy the company and playing Rummikub keeps your brain active.”

“Lovely group of players and volunteers. Something to look forward to every week.”

“Good company, making new friends, enjoying the games, getting some brain exercise.”

Games Hub attendees

One of the ways in which we make a difference in our Village is through Rompers – a toddler group in the Church building for babies, toddlers and their carers. Numbers remained strong throughout the year. Each week we welcome between 12 and 15 babies/toddlers plus their carers which continues to test us with the inflexible nature of church pews.

Whilst it is open to everyone, whatever age and whatever their circumstances, the Games Hub is run with those who are lonely and isolated particularly in mind – the playing of board games giving them a place to socialise, have fellowship and make new friends. It has been valued and

appreciated by those who come and has a devoted group of players as well as those who visit occasionally (about 25 people attend regularly with around 18 in any given week).

The Parish Magazine is run by the Church and provided free to almost every house in the village (paid for by advertising) for the benefit of the whole village – 1,450 copies are delivered each month by a team of around 40 volunteers. The Magazine helps to maintain links between the church family and those who have not yet felt the need to take part in what we do as well as enabling other Village organisations to communicate with Parishioners.

“My little girl loves being able to play and interact with other children and she just adores the singing. It's known in the community to be one of the most friendly and welcoming groups in the area.”

“You guys are absolutely amazing! You make Monday something to look forward to.”

“It really is a wonderful group and the warmth and friendliness is so appreciated by us”

Rompers’ Mums

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Youth Work in our Community

Youth work – both ‘open’ and faith based, continues to be a strong part of our work in Rudgwick. In addition to a youth group during the Sunday morning service, we run Rudgwick Youth Centre (RYC) which provides free sessions to any young person of secondary school age who wish to attend. Whilst aimed primarily at those resident in Rudgwick it is also open to those who live in neighbouring villages.

‘Drop-in’ runs on Monday afternoons for School years 7 and 8 (average attendance of 15 a week with a peak of 30 when Year 6 started attending in June – 2023: 22 and 51). ‘CHiLL’ runs on Monday afternoons for School years 9 and 10 (average attendance of 4 a week with a peak of 7 – 2023: 5 and 7). On Thursday evenings the ‘Unwind’ group was for school years 10-13 and those at sixth form college up until the summer and then for years 11-13 and those at

“It's fun and exciting”

“I get to play football with my friends” “I like the pool table the most”

“It's fun and good to spend time outside”” Young people attending RYC

“It brings unity for the youth of Rudgwick from different schools, to have a space where they can all come together. There is lots for them to do and they can see their friends, there's lots of food, and they've got lovely leaders!”

RYC Team Member

sixth form college from September (average attendance of 5 a week with a peak of 10 – 2023: 8 and 15). The faith-based group, ‘Munch’, runs on a Wednesday evening for school years 7-13 (average attendance of 10 a week with a peak of 16 - 2023: 9 and 17).

In addition to the regular groups the Youth Centre is open at other times for special events such as one-off sessions in the school holidays. It continues to make a positive impact on our community, providing a place for young people to meet. The total number of visits to the Youth Centre by young people in 2024 was 1,157 (2023: 1,549).

Provision of the church building for people to enjoy

“Now I find myself living alone, the Jubilee Hall is a place where I am able to meet people. It is a happy place for me and I can have good conversation. Playing Rummikub keeps my brain alive.”

“I look forward to Thursday afternoon every week and, to be honest, it is the highlight of my week! So nice to meet other friendly people and enjoy playing a game at the same time: not to mention enjoying a cup of tea or coffee and a biscuit – always welcome. Also, I think it is a good “drop-in centre” for men on their own, which isn’t always as easy for them as it is for women.”

Games Hub attendees

In 2024 we celebrated 9 life events, or occasional offices, (2023: 16) in Holy Trinity. Our church continues to be appreciated by our parishioners and many others, as a space where life events are celebrated with joy and thanksgiving.

The Church building of Holy Trinity is available for private prayer, not just to the church family but for everyone in the parish. The Church is therefore open during the day for anyone to use. A leaflet is available for those who want to learn about the history of the Church and information is also available about Church activities along with a booklet about the Christian faith.

In the weeks surrounding Remembrance Sunday the Church held another Rudgwick Remembers exhibition, open to everyone, detailing the lives of those commemorated on the war memorials and during Advent there was a display of ‘Advent Angels’ by local school children.

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The church building and projects

There were no major repair works to the church building in 2024. Replacement lanterns and lamp posts were installed on the main path up to the church from Church Street. Our Inspecting Architect has drawn up Concept Design Plans for internal re-ordering of the church building, and an extension to the north side. These were sent to the DAC for Informal Advice and then presented to the congregation for their input. They are now with the Statutory Consultees for their consideration. The lighting in the church is no longer fit for purpose and we have worked with a specialist company to give us a Design Proposal for its replacement.

Burials have taken place in the Graveyard Extension , and work continues on the creation of a Garden of Remembrance for the interment of cremated remains.

Provision of pastoral care for people living in the parish

The main structure for the provision of pastoral care in the Church is through our Small Groups. The Vicar is there to help when a greater level of support is needed and for those who are not members of Small Groups and those who are housebound. He also provides pastoral care to the wider community.

The Vicar ~~c~~ onducts home communions, hospital and care home visits as needed.

Provision of tangible support to the poor and needy

“Your contribution will play a vital role in advancing our projects at Kaloko Primary School, which continue to make a positive impact on the lives of the learners, we currently have a total of 165 learners (83 boys + 82 girls). The funds will be used to support the construct of toilets for proper sanitation management at the schools and the community at large.”

ZRDF (Ripple Effect’s partner)

Throughout the year we have collected donations of nonperishable food for Family Support Work , a charity that works to support families in Sussex struggling with issues such as poverty, ill health, learning difficulties, bereavement, family break-up and domestic abuse. Harvest gifts were also collected for Family Support Work .

The Remembrance Sunday Collection along with Alms Box donations during the Rudgwick Remembers exhibition raised a total of £907 that was donated to The Royal British Legion . The collections at our Christmas services , along with donations given in lieu of sending Christmas Cards to

Church members, came to £1,041 and was donated to Family Support Work in addition to our giving to them as a Mission partner. In addition, a discretionary donation in the case of special needs of £400 was also made.

In the run up to Christmas, we again encouraged people to donate gift filled shoeboxes online for Operation Christmas Child . We also collected over 30 shoeboxes filled with presents. These shoeboxes are given to children in need overseas at Christmas time. This is an unconditional gift, given to any child regardless of race or religion.

Other charitable giving

As a Church we seek to give away to our Mission partners an amount equivalent to 10% of our previous year’s unrestricted and unreserved income. In 2024 we gave a total of £18,000 (2023: £15,500), to The Bible Society, Engineering Missions International, Family Support Work, Fundatia, Horsham Night Shelter (part of Horsham Matters), MAF, New Wine, The Oasis, Ripple Effect (ZRDF), Scripture Union and Tear Fund.

“We remain committed to standing alongside our families for as long as they need us, and particularly during the winter months when they may need extra support with essential living costs. We couldn’t provide this vital help without gifts like yours.”

Family Support Work

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Financial Review

Incoming and outgoing resources

Overall we had a surplus of £26,408 for 2024 although this was attributable to the large amount of donations that together with applicable gift aid totalled £46,793. Our expenses exceeded our regular planned giving and donations by £21,757 despite not having an administrative assistant for part of the year. This is a concern as such a situation is not sustainable in the longer term and the challenge going forward is to have our regular income covering our standard expenditure as many of the donations that we have been grateful to receive have been of a “once in a lifetime” type of donation.

The 2024 donations have been recorded as being dedicated to the reordering and redevelopment of Holy Trinity and together with such past donations the balance so dedicated at 31 December 2024 was £98,715

We were able to take advantage of the increase in interest rates to deposit surplus funds in interest bearing accounts resulting in investment income for the year of £6,724.

As a result of the increase in our income we felt able to voluntarily donate £3,258 over and above our Parish Share of £81,445. Parish Share is our largest cost and covers the housing, stipend and pension costs of our vicar, the church insurance and also a standard sum for diocesan central costs, clergy training and a contribution to national church funds. It is important to note that approximately 80% of the total paid relates directly to the clergy costs of this parish, the remainder being the shared costs of the Christian family throughout the whole Church of England, including assistance towards the upkeep of churches less able to manage financially than ourselves.

Our other significant expenditure includes the maintenance and running costs of our five buildings, Holy Trinity (including the churchyard and graveyard), St John’s Tismans Common, 20 Woodfield Road (the home of our Youth Pastor), Rudgwick Youth Centre (RYC) and Church Gate House and for all apart from 20 Woodfield Road includes energy costs and collectively the total costs for these five buildings was £48,363. Through extensive negotiations we have been able to secure a reduced rate for our energy costs from April 2025.

We donated £903 to the Royal British Legion being the collection at the Remembrance Day service together with donations received for the tableau on Rudgwick Remembers plus the applicable Gift Aid.

The collections plus applicable Gift Aid from the Christmas services totalling £1,041 were donated to Family Support Work in addition to the £2,500 paid to them as Mission Partner.

Staff costs

Our staff complement consists of a part time finance administrator, a part time administrator (although we were without one for 6 months in 2024) and a full time Youth Pastor. Details of their costs are given in the notes to the accounts.

In addition many persons freely give of their time and talents that enables us to have relatively low administration and maintenance costs in relation to all the work that we undertake in the parish.

Trustee payments and expenses

The PCC also supported the clergy by paying Council Tax of £3,906 and water and environmental charges of £1,273 for the Vicarage. In addition, costs towards travel, hospitality, telephone, postage, broadband and other ministry expenses incurred in the running of the parish amounting to £3,321 were refunded to the vicar.

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Two other members of the PCC claimed a total of £875 in respect of items that they purchased on behalf of the church buildings and our ministry.

Related party transactions

Donations, recommended by the Mission Committee and approved by the Parochial Church Council, of £1,800 were donated to Mission Aviation Fellowship (MAF) where the son of Reginald V Webb is employed in Australia and £3,542 to the Diocese of Chichester Family Support Work where Elaine Daniels is director of services. Although Reginald V Webb and Elaine Waight were members of the PCC neither were involved in the decision making, nor in the approval of these donations.

Office costs

The office and administrative costs, like all our expenses, are budgeted and strictly monitored and in relation to the scale of our activities are relatively small. We are greatly assisted in this regard by the generous assistance of many parishioners who give freely of their time and talents to assist in the administration of the churches particularly during this past year when we were without an administrator for six months. We have also been blessed with the help received with regard to the maintenance and refurbishment of our properties and in the running of the Rudgwick Youth Centre.

Why we hold some money in reserve

It is PCC policy to maintain a balance on the general unrestricted funds (excluding property) that equates to approximately three months’ worth of unrestricted payments as contingency against unforeseen situations being particularly cognisant of the potential demands of some of our buildings.

The amount of this contingency reserve at the end of December 2024 was £60,000 held in a Church of England deposit fund.

As well as holding the above general reserves, from time to time the PCC receives restricted legacies and donations for expenditure for particular purposes, defined by the donor. We aim to expend such money as soon as possible after receiving the legacy, depending on the specific objectives of the donor.

At 31 December 2024 we held £67,609 in separate bank accounts for funds dedicated to the reordering of Holy Trinity.

Management of risks and their mitigation

The PCC has an ongoing task of reviewing the major risks that impact on the work of the churches in the parish.

The PCC consider that the principal risks and uncertainties are:

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The PCC seeks to manage these risks and uncertainties by regularly reviewing its Mission Action Plan and its plans for the use of the church buildings. We aim to maintain our properties to a high standard and carry out the priority items of a quinquennial review in a timely manner.

Future uncertainties

We are almost totally dependent upon donations from a congregation comprised mainly of residents from Rudgwick village and the departure of a few regular donors from the village has had a significant impact on our finances in the past and is a concern for the future.

It is our objective to ensure that as the day-to-day costs rise, our income is grown such that regular giving covers our annual running costs with any surpluses used to strengthen our underlying financial position in order to cover any unexpected expenses. A reasonable growth in income will enable further improvements to be made to the fabric of our Church to enable greater use to be made of the building outside of Sunday services.

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Structure, governance and management of the charity

The Parochial Church Council (PCC) is registered with the Charity Commission as required by the Charities Act 2011. Its governing document is the Parochial Church Councils (Powers) Measure 1956.

During the year the following served as members of the Parochial Church Council:

Ex Officio members Incumbent: The Revd Martin King Chair Wardens: Mrs Hannah Keanie Vice Chair Mrs Louise Smith Vice Chair Deanery Synod Mrs H Maeve Filby Mrs Fiona Sodha (To 28 April 2024) Mrs Elizabeth King-Fisher (From 28 April 2024) Mr Reginald Webb (From 28 April 2024) Treasurer Elected Members Mr John Bushell (From 28 April 2024) Mr Greg Jordan Mrs Elizabeth King-Fisher (To 28 April 2024) Mrs Jennifer Lazzeri Mr Bruce Morley Mrs Amanda Price (To 28 April 2024) Mrs Dawn Spouge (To 28 April 2024) Mrs Elaine Waight Secretary Mr Reginald Webb (To 28 April 2024) Treasurer Mrs Brenda Westbrook (From 28 April 2024)

Membership of the PCC is determined under the Church Representation Rules and consists of certain exofficio members (the incumbent and curate), the churchwardens and members of the Deanery, Diocesan or General Synods and 9 members of the church who are elected at the Annual Parochial Church Meeting (APCM). Members are warmly encouraged to stand for election to the PCC and we try to ensure a balance of skills and experience where possible.

In accordance with the Diocesan Children and Young People Safeguarding Policy, in May the PCC reappointed Ansley Crockford as parish Safeguarding Officer.

Following a resolution of the APCM in 2011, which came into effect in 2012, Lay readers licensed to officiate in the church are not automatically members of the PCC. However, they are welcome to stand for election to the PCC. At the same APCM a resolution was passed limiting the maximum number of elected representatives on the PCC to 9 of 15. In 2018 the Vestry Meeting passed a resolution that section 3 of the Churchwardens Measure 20011 (stating that a Churchwarden must step down after 6 years continuous service) does not apply.

This Trustees’ Annual Report was approved by the PCC and signed on their behalf by The Revd. Martin King, PCC Chairman

Martin P J King 10 March 2025

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Holy Trinity, Rudgwick

Statement of Financial Activities

The financial effect of our activities during the year can be summarised as follows

Unrestricted
Funds
£		 Unrestricted
Funds
£		 Restricted
Funds
£		 Restricted
Funds
£		 Total Funds
2024
£		 Total Funds
2023
£		 Notes
Income and endowments from:
Planned giving, collections,
grants, including Gift Aid		 204,859 6,675 211,534 220,686 2
Donations 38,355 - 38,355
89,522
Legacies - - - -
Charitable activities 4,053 - 4,053 4,063
Other trading activities 19,039 - 19,039 18,612
Investment income 8,096 - 8,096 3,947
Total income £274,402 £6,675 £281,077 £336,830 2
Expenditure on:
Charitable activities 232,890 3,029 235,919 211,432 3
Other trading activities 18,750 - 18,750 17,843 3
Total expenditure £251,640 £3,029 £254,669 £229,275 3
Net income £22,762 £3,646 £26,408 £107,555
Total funds brought forward £509,642 £5,135 £514,777 £407,222 11
Total funds carried forward £532,404 £8,781 £541,185 £514,777 11 & 12

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Holy Trinity, Rudgwick

Balance Sheet

Our financial position and summary of funds at the year end were

Our financial position and summary of funds at the year end were
Total Funds
2024
£		 Total Funds
2023
£		 Notes
Tangible assets 279,781 289,298 10
Total fixed assets 279,781 289,298 10
Debtors 3,154 4,269 13
Short Term Deposit 110,435 104,869 15
Cash at bank and in hand 185,026 151,205 15
Total current assets 298,615 260,343
Creditors: Amounts falling due within one year (37,211) (34,864) 14
Net current assets 261,404 225,479
Total assets less current liabilities 541,185 514,777
Restricted funds 8,781 5,135 11
Unrestricted funds 532,404 509,642 11
Total charity funds £541,185 £514,777 11&12

This Financial Report for the year ended 31st December 2024, including the notes following, was approved by the PCC on 10 March 2025 and is signed on its behalf by The Revd. Martin King, PCC Chairman, and Reginald V Webb, PCC Treasurer.

Martin P J King

Reginald V Webb

10 March 2025

Annual FinancIal Report

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Holy Trinity, Rudgwick Notes to the Financial Report

1 Accounting policies

Basis of preparation

The PCC is a public benefit entity within the meaning of FRS102. The financial statements have been prepared under the Charities Act 2011 and the Church Accounting Regulations 2006, in accordance with applicable accounting standards and the current (2016) Statement Of Recommended Practice, Accounting and Reporting by Charities, (SORP (FRS 102)).

The financial statements have been prepared under the historical cost convention as modified by the inclusion of investments at market value. The financial statements include all transactions, assets and liabilities for which the PCC is responsible in law. They do not include the accounts of church groups that owe their affiliation to another body, nor those which are informal gatherings of church members.

Going Concern

The trustees assess whether the use of going concern is appropriate, ie whether there are any material uncertainties related to events or conditions that may cast significant doubt on the ability of the charity to continue as a going concern. The trustees make this assessment in respect of a period of at least one year from the date of authorisation for the issue of the accounts and have concluded that the charity has adequate resources to continue in operational existence for the foreseeable future and there are no material uncertainties about the charity’s ability to continue as a going concern. Thus they continue to adopt the going concern basis of accounting in preparing the accounts.

Funds accounting

Funds held by the PCC are:

Unrestricted funds – general funds which can be used for PCC ordinary purposes.

Designated funds – monies set aside by the PCC out of unrestricted funds for specific future purposes or projects.

Restricted funds – a) income from trusts or endowments that may be expended only on those restricted objects provided in the terms of the trust or bequest;

Restricted funds – b) donations or grants received for a specific object or invited by the PCC for a specific object. The funds may only be expended on the specific object for which they were given. Any balance remaining unspent at the end of the year is carried forward as a balance on that fund.

Endowment funds – funds for which the capital must be maintained; only income arising from the investment of the endowment may be used, either as restricted or unrestricted funds, depending on the purpose set out in the terms of the original endowment.

Income and endowments

All income and endowments, accounted for without deduction for any costs of receivability, are recognised when there is evidence of entitlement, receipt is probable, and the amount can be measured reliably.

Donations and legacies

Collections are recognised when received.

Planned giving receivable is recognised when there is evidence of entitlement, receipt is probable, and the amount accords with the Gift Aid declaration or other record of intention to donate.

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Holy Trinity, Rudgwick

Notes to the Financial Report

Gift aid recovered is recognised when the income to which it is attached is recognised.

Grants and legacies are recognised when the formal offer in writing of the funding is received by the PCC.

Charitable activities

Statutory fees for weddings and funerals are recognised when the event occurs.

Other trading activities

Trading activities are where income is receivable in return for selling goods or providing services. Income from trading is recognised either: a) when received, or b) in the case of events: for the year in which the event occurs, irrespective of date of receipt. Advance bookings are included in creditors until the event has taken place.

Investment income

Dividends are accounted for when due and payable. Interest entitlements are accounted for as they accrue.

Rent is accounted for net of management costs when due and payable. Fees are accounted for as those due to the PCC net of the proportion payable to the diocese. All other income is recognised in accordance with the above overall policy.

Gains and losses on investments

Realised gains are recognised when the investments are sold. Unrealised gains and losses are accounted for on revaluation at 31 December.

Expenditure

Expenditure is recognised when there is evidence of entitlement, payment is probable, and the amount can be measured reliably.

Grants

Grants and donations are accounted for when paid over, or when awarded where the award creates a binding obligation on the PCC.

Church activities

The diocesan parish contribution is accounted for on an annual basis, reflecting the allocation set by our Deanery. Any parish contribution unpaid at 31 December is provided for in these accounts as an operational (though not a legal) liability and is shown as a creditor in the balance sheet.

Fixed assets

Tangible fixed assets

Consecrated and beneficed property of any kind is excluded from the accounts by s.10(2) of the Charities Act 2011.

Movable church furnishing held by the Vicar and Churchwardens on special trust for the PCC and which require a faculty for disposal, are accounted as inalienable property unless consecrated. They are listed in the church’s inventory which can be inspected but are not included in the financial statements. For other property acquired prior to 2007 there is insufficient cost information available and therefore the cost of such assets is not stated in the financial statements

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Holy Trinity, Rudgwick Notes to the Financial Report

All expenditure on consecrated or beneficed buildings and individual items costing under £3,000 are written off in the year when incurred. The cost of the residential building was considered to be 50% of the total cost of the freehold.

Depreciation

Depreciation is calculated to write down the cost of tangible fixed assets, excluding land, from the date of installation on a straight line basis over their expected useful lives. The rates generally applicable are:

Land Nil
Buildings 2%
Fixtures and fittings 20%
Audiovisual 15%
Office equipment 25%
Boiler 7%

A review for impairment of a fixed asset is carried out if events or changes in circumstances indicate that the carrying value of any fixed asset may not be recoverable. Shortfalls between the carrying value of fixed assets and their recoverable amounts are recognised as impairments. Impairment losses, if any, are recognised in the statement of financial activities.

Investments

Investments are stated at market value at the balance sheet date.

Current Assets

Amounts owing to the PCC at 31 December in respect of fees, rents or other income are shown as debtors, less provision for amounts that may prove uncollectible.

Short-term deposits include cash held on deposit either with the CBF Church of England Funds, or at the bank.

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Holy Trinity, Rudgwick Notes to the Financial Report

2 Analysis of income and endowments

Unrestricted
Funds
£		 Unrestricted
Funds
£		 Restricted
Fund
£		 Total Funds
2024
£		 Total Funds
2023
£		 Notes
Planned giving (excl. Gift Aid) 160,475 - 160,475 172,477
Collections 3,207 - 3,207 6,532
Special collections 1,948 - 1,948 89,522
Donations 38,355 - 38,355 1,444 15
Youth work - 5,874 5,874 35,423
Gift Aid 36,850 390 37,240 35,423
Grants 2,379 411 2,790 4,810 12
Donations, grants and legacies £243,214 £6,675 £249,889 £310,208
Net fees for weddings & funerals 4,053 - 4,053 4,063
Charitable activities £4,053 - £4,053 £4,063
Magazine advertisement fees 19,039 - 19,039 18,612
Other trading activities £19,039 - £19,039 £18,612
Bank & CBF deposit interest 8,096 - £8,096 3,947
Investments £8,096 - £8,096 £3,947
Total income and endowments on
all funds		 £274,402 £6,675 £281,077 £336,830

Annual FinancIal Report

Page 16

Holy Trinity, Rudgwick Notes to the Financial Report

3 Analysis of expenditure

Unrestricted
Funds		 Unrestricted
Funds		 Restricted
Funds		 Restricted
Funds		 Total Funds
2024		 Total Funds
2023		 Notes
Missionary and charitable giving 20,348 - 20,348 19,386 4
Diocesan parish share 84,703 - 84,703 81,159
Clergy and ministry costs 5,159 - 5,159 5,220
Staff costs 39,230 - 39,230 34,446 5
Music – choir, organist and music
group		 4,757 - 4,757 4,035
Administration 2,691 - 2,691 2,974
Children and youth activities 4,456 2,618 7,074 8,140
Maintenance of properties and
utilitycosts		 47,952 411 48,363 42,133
Redevelopment 11,880 - 11,880 -
Outreach 2,196 - 2,196
4,030
Interest on property loan - - - 147
Depreciation 9,518 - 9,518
9,762		 10
Cost of charitable activities £232,890 £3,029 £235,919 £211,432
Parish magazine costs 18,750 - 18,750 17,843
Cost of other trading activities £18,750 - £18,750 £17,843
Total expended on all funds £251,640 £3,029 £254,669 £229,275

4 Missionary and charitable giving

Unrestricted
Funds
£		 Unrestricted
Funds
£		 Restricted
Funds
£		 Restricted
Funds
£		 Total Funds
2024
£		 Total Funds
2023
£
Overseas:
Mission 2,600 - 2,600 7,172
Relief 6,400 - 6,400 1,150
Home
Mission 4,900 - 4,900 3,150
Relief 4,500 - 4,500 5,375
Special collections 1,948 - 1,948 2,539
£ 20,348 - £20,348 £19,386

Annual FinancIal Report

Page 17

Holy Trinity, Rudgwick Notes to the Financial Report

5 Staff costs

5
Staff costs
Unrestricted
Funds
£		 Total Funds
2024
£		 Total Funds
2023
£
Remuneration
Salaries 30,433 30,433 25,998
Employer social security costs 5,569 5,569 4,746
Employer pension costs 3,228 3,228 3,702
£39,230 £39,230 £34,446

6 Parish Share

In addition to the Parish Share of £81,445 allocated by the Diocese of Chichester additional voluntary contributions of £3,258 were made to the Diocese to assist with their funding.

7 Payments to PCC members

Expenses of office, postage and ministry expenses relating to the Church and its activities amounting to £4,196 (2023: £3,836) were reimbursed to 3 PCC Members (2023: 4). No person received remuneration in excess of £60,000.

8 Related parties and transactions

Donations, recommended by the Mission Committee and approved by the Parochial Church Council, of £1,800 were donated to Mission Aviation Fellowship (MAF) where the son of Reginald V Webb is employed in Australia and £3,542 to the Diocese of Chichester Family Support Work where Elaine Daniels is director of services. Although Reginald V Webb and Elaine Waight were members of the PCC none were involved in the decision making, nor in the approval of these donations.

9 Governance

The estimated fee for the Independent Examiner, Oakwood Business Consultants, of £400 is included in administration costs.

Annual FinancIal Report

Page 18

Holy Trinity, Rudgwick

Notes to the Financial Report

10 Tangible Fixed assets

10
Tangible Fixed assets
Freehold
Land and
Buildings
£		 Office
Equipment
£		 Audio-
Visual
Equipment
£		 Boiler
£		 Total

£
Cost
At 1 January 2024 292,625 3,898 28,740 22,543 347,806
Additions - - - - -
At 31 December 2024 292,625 3,898 28,740 22,543 347,806
Charge for depreciation
At 1 January 2024 40,954 3,166 11,137 3,250 58,507
Additions 2,916 731 4,311 1,560 9,518
At 31 December 2024 43,870 3,897 15,448 4,810 68,025
Net book value
At 31 December 2024 £248,755 £1 £13,292 £17,733 £279,781
At 31 December 2023 £251,671 £731 £17,603 £19,293 £289,298

The freehold property, 20 Woodfield Road, was acquired for the use of the youth pastor and his family. The property is held in trust for the PCC by the Chichester Diocesan Fund and Board. Depreciation is provided on the buildings, estimated to be 50% of the total cost of the land and buildings.

11 Net assets by fund

Unrestricted
General
£		 Unrestricted
General
£		 Unrestricted
Designated
£		 Unrestricted
Designated
£		 Restricted
Fund
£		 Total Funds
2024
£		 Total Funds
2023
£		 Notes
Fixed assets for church use 279,781 - - 279,781 289,298
- - -
Current assets (except cash) 3,154 - - 3,154 4,269
Cash at bank and on deposit 187,965 98,715 8,781 295,461 256,074 15
Current liabilities (37,211) - - (37,211)
(34,864)
Long term liabilities - - - -
£423,689 £98,715 £8,781 £541,185 £514,777 12

Annual FinancIal Report

Page 19

Holy Trinity, Rudgwick Notes to the Financial Report

12 Statement of funds

Of the total funds of £539,813, £531,032 is unrestricted while £8,781 is restricted for Youth Work . However the following apply:

Designated Funds , the PCC resolved that funds raised by special appeal for a specific purpose that is not expected to occur regularly should be treated as designated for that specific purpose. During 2024 funds totalling £46,793 (2023: £43,100) including applicable Gift Aid were donated for the reordering of Holy Trinity Church and are thus considered as designated funds and are included in the unrestricted funds of £531,032.

The Chancel Trust Fund that at 31 December 2024 had a value of £15,206 (2023:£14,866) is managed and held as custodian by the Chichester Diocesan Board of Finance (DBF) and as it is not legally nor beneficially owned by the PCC is not included in the accounts. Income received from the Chancel Trust is not investment income as the PCC does not own the trust fund, nor its investments but is a grant received from the Chichester Diocesan Board of Finance to reimburse the cost of insuring the Chancel. The grant in 2024 was £411 (2023: £406).

13 Debtors

13
Debtors
Unrestricted
Funds
£		 Restricted
Fund
£		 Total Funds
2024
£		 Total Funds
2023
£
Gift Aid recoverable 3,154 - 3,154 £4,269
£3,154 - £3,154 £4,269

14 Creditors: amounts falling due within one year

Unrestricted
Funds
£		 Unrestricted
Funds
£		 Restricted
Fund
£		 Total Funds
2024
£		 Total Funds
2023
£
Deferred income 11,288 - 11,288 10,882
Accruals for maintenance and other costs 8,239 - 8,239 11,494
Quinquennial provision 17,684 - 17,684 12,488
£37,211 - £37,211 £34,864

Annual FinancIal Report

Page 20

Holy Trinity, Rudgwick Notes to the Financial Report

15 Analysis of cash and cash equivalents

General
Funds
2024
£		 Restricted
Funds
2024
£		 Total Funds
2024
£
Cash at bank 176,245 8,781 185,026
CBF General Fund 110,435 - 110,435
£286,680 £8,781 £295,461

A number of persons contribute specifically to the Youth Work undertaken by the Church. A separate bank account exists for these contributions and is used exclusively to pay costs associated with Youth Work. This income and applicable Gift Aid are included as Restricted Income as disclosed in Note 2.

Annual FinancIal Report

Page 21

Independent Examiner’s Report to the PCC of Holy Trinity Rudgwick for the Year Ended 31[st] December 2024

Report to trustees / members of The Parochial Church Council of the Ecclesiastical Parish of Holy Trinity Rudgwick, on the accounts for the year ended 31st December 2024 Charity No. 1133926 set out on pages 11 to 21.

I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31 / 12 / 2024.

Responsibilities and basis of report

As the charity's trustees, you are responsible for the preparation of the 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 examiner's statement

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.

Camilla Hills 11 April 2025

Oakwood Business Consultants, Unit 3, The Dairy, Tilehouse Farm Offices, East Shalford Lane, Guildford, Surrey, GU4 8AE.

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