SWINDON OLD TOWN PARTNERSHIP OF CHURCHES CHRIST CHURCH WITH ST MARY'S ANNUAL REPORT AND FINANCIAL STATEMENTS OF THE PAROCHIAL CHURCH COUNCIL st for the year ended 31 December 2024 Christ Church Swindon Registered Charity Number 1134032 Page l of 25
Contents Trustees, Annual Report Charitable Objects Our vision Trustees, Review of 2024 How did we meet our goals for 20247 Old Town Partnership Presenting the Christian Faith Restructuring the Christ Church Site Transforming Church Together Communlty Outreach What are our goals for 2025P Old Town Partnership Presenting the Christian Falth through Transforming Church Together Pastoral Care Comrnunity Outreach Bulldlngs and Site Report Achievements and Performance Trustees during the Year Structure, management and governance Financial Review 10 11 Income 12 Expenditure 12 Reserves policy 12 Independent Examiner's Report 2024 Financial Reports 2024 13 14 Page 2 of 25
Trustees, Annual Report Charitable objects The object of the charity is to promote the ecclesiastical parish the whole mission of the Church. Our vision To be Christ's Church in the community Our mission: By proclaiming Christ through teaching and example: By welcoming and serving all through hospitality. By encouraging people to find God through worship, faith, and prayer. By providing a spiritual home and resources for the local community. By transforming Swindon and beyond with God's hope and compassion. We will do this with humility, grace, and respect, listening prayerfully to God and our neighbours. Trustees, Review of 2024 How did we meet our goals for 2024? Old Town Partnership Our Bible verse for the year was Psalm 121,. '1 lift my eyes to the hills,'from where will my help comeP My help comesfrom the Lord who made heaven and earth,. On the back of the prayers cards we circulated again our Partnership Prayer for Growth. The Old Town Partnership of Churches Mlssion Project, supporting the work of Swindon Youth for Christ and Swlndon Street Pastors was a great success. We are grateful for all those mernber5 of the partnership churches for helping us to raise £9600 (check this amount) substantially exceeding our target of £6000. In addition, many new friendships were developed with good contacts across our Swindon Borough. Messy Church has grown steadily. 12 candidates from our three churches were confirmed at a memorable servlce on October 13th at Bath Road Methodist Church, The following Sunday, St Luke's Day 20th October, many th partnership friends joined us to celebrate Margaret Williams, 50 anniversary as a Licensed Lay Minister. Presentlng the Chrlstian Faith th At the APCM on 30 April we thanked Nitin Shinde and Jim D'Avila for their years of service as Church Wardens. We were very pleased to appoint two new Church Wardens. Simon Giles and Sheila Wright, alongside Helen Hartnell as our PCC Secretary. The PCC, alongside the congregation, encouraged the growth of discipleship and new Christian vocations in many creative ways, for example, the Spiritual Reflection lunchtime group Yreasure Together, on Mondays, and the lona social justice worship gathering monthly at St Mary's on Friday mornings. Our PCC Children and Young Families Working Group has encouraged the growth of our children's ministry, supporting Little Fishes Parent and Toddler Group on Thursday mornings in the Community Centre, The new Welcome Area with small kitchen facilities has been a great success and is widely used, particularly with our Wednesday evening Fellowship of Faith and Bible Encounter Groups and our many outreach concerts supporting local charities. Our vicar, the st Reverend Canon Simon Stevenette's Extended Developmental Study Leave from May I to September 1st was very well handled by the staff team and congregation. On return in September Simon shared three Page 3 of 25
particular focuses of his extended retreat, firstly the importance of encouraging emotional and spiritual wellbeing, secondly renewed ecumenical vision and thirdly building bridges through sports ministry and chaplaincy at Swindon Town Football Club. We were shattered at the tragic death of our friend and colleague Jo Porter, one of our All Age Worship leaders and primary school teacher at East Wichel School on Mothering sunday. We welcomed bac1( the Revd. Jo Northey, previous curate at Christ Church, who preached at Jo's funeral in Christ Church on 4th April. We have supported each other in the bereavement and pastoral questions arising from Jo's death, for example with two mental health check-ins at Fellowship of Faith. We were very pleased that James Davies-spratt was accepted by Bristol Diocese for his Formation Year as a prospective Lay Minister. Restructuring the Christ Church Site The PCC made full use of our Church Plan developed by lan Farr, ensuring we keep on track with our priorities, time allocation and finance5. We extended the hours of our Communications Assistant, Steve Cox, particularly helping us mal(e more grant applications in addition to the excellent communications which Steve and the team encourage. The 'One Christ Church, vision continues to bear fruit, with considerable progress made on our grounds and on the Jubilee Memorial Garden. We are especially appreciative of the Building Committee and the Eco Group for 311 their hard work on our behalf, making sure that our many guests are welcomed, l(ept safe, and benefit from being with us in the activitles offered throughout the site. Transforming Church Together We continue to play a full part in Transforming Church Together within our Parish, Old Town Partnership, Swindon Deanery and Bristol Diocese. Unfortunately our application for a Growing Faith Chaplain was not accepted on the first round, but we were encouraged to apply again in the future. The South Swindon Mission Area application was not taken forward but we have continued to support our colleagues in Parks & Walcot and Wroughton & Wichelstowe wherever possible, We have been vey pleased to welcome Bishop Neil and his wife Helen on many occasions at St Mary's and then Christ Church, for example, on Mothering Sunday, when Bishop Neil presided, preached, and was interviewed about his life, and then a150 was one of the confirming ministers at the Partnership Confirmation Service. Then during Advent it was a joyto have Helen as one of our readers at the Advent Carol Service and for Bishop Neil to preach at our outstanding Candlelit Carol Servlce on 22nd December. Flnally, the following day, Bishop Neil returned as a Ilfelong Nottingham Forest supporter, to preach at one of our best ever Swindon Town Football Club Carol Services, when he also blessed the first ever Swindon Town Football Club Bibles which were a gift from Good News for Everyone. In conclusion, we give praise to God for all the ways he blessed us with his presence duringthe last year, enabling us to be a blessing to others as we shared comfort and joy which was the theme for all of our Advent and Christmas activities. Community Outreach Our employed community centre team allows us the opportunity to reach new people in our community. The centre team have become much more intertwined with the church team this year thanks to the clarity of our 'One Christ Church, vision, with the aim of all working well together at Christ Church. This year we continued our weel(Iy afternoon tea sessions providing fellowship and friendship for many in our community, many of whom are dementia sufferers. The launch of a new lunch club has helped to bring Page 4 of 25
people from both the church and wider community together forfood and friendship. Number5 have gradually increased and lonely people are relishing weekly time and conversations with others. We have started to use the church for more events this year helping to fundraise for the upkeep as well as show that we can achieve high quality events at Christ Church. We have organised a wide variety of new events this year including An evening with Henry viii, comedy nights in partnership with the Swindon Old Town Comedy club, I, Christ Church dog fun run, an audience with Nick Hewer and many concerts such as th Classical Candlelight, REM tribute, Jazz and many more. Our annual beer festival now in its 12 year and brought more than 1200 onto our site showing the variety of events we offer to reach our community. Since the new floor and chairs at St Mary's we have seen an increase in the usage by many groups in our community including churches, fitness, Pilates and children's play groups. It has become a real hub of activity, What are our Goals for 2025? Old Town Partnership Starting from our Bible verse for the Year Romans 8.14,, For all who are led by the Spirit of God are chlldren of God, we will build on a strong theological foundation wil'h much to look forward to. On the back of our prayer card to the congregation we have clrculated our Partnership Prayer for Growth,. 'God of mission Who alone brings growth to your church, Send your Holy Spirit To give vision to our planning, Wisdom to our actions And power to our witness. Help all our Partnership churches to grow in numbers, In spiritual commitment to you And in service to our Swindon community. Through Jesus Christ our Lord, Amen, This Bible verse was chosen to focus our attention on growing our ministry with children and families by developing Messy Church, our work in primary and secondary schools and all being well, by running a children's Holiday Club for 5 to 11 year old children at Immanuel Church on 28th July to 1st August. The partnership will be running a Lent Course again on Wednesday evenings on the message of Ephesians for th th Today in a café church style from 7pm to 8.30pm from 12 March to April 16 inclusive in Christ Church, th We look forward to welcoming Bishop Neil to lead the three Hours at the Cross on Good Friday 18 April at th Christ Church. Our confirmation service will be at Immanuel Church on May 11 10.30am as our great friend Robertjordan prepares for his retirement in 2026. To encourage laughter and joy, we have invited the Christian comedian Paul Kerenza for an evening on 4th July. Presenting the Christian Faith through Transforming Church Together We have been very pleased in Epiphany to share widely the Rhythm for Life resources developed by Bristol Diocese, alongside having our first Epiphany Carol Service. The PCC have received exciting papers on two new projects: Page 5 of 25
Wellness in Grace - a holistic wellness initiative focused on promoting mental health and wellbeing through creative arts, meaningful events and innovative forms of pastoral care, an example of this will be the resurrection of Burns Night after many years, and a new art and craft children's workshop. This is being piloted by Alex and James Davies-spratt. Pilgrim5 of the Way - a Christ-centered outreach initiative developed as part of Fellowship of Faith's outreach group at Christ Church 5windon. Inspired byjesus's mission to seek and save the lost, this project offers a Friday evening service 7pm to 9pm at St Mar¢s, designed to bring the Gospel to those on the margins of society. This paper, written by Simon Giles, with the support of his fiancee, Ally Stanton. We will do all we can to be creative, supporting our new colleagues with our encouragement, prayers and practical support, under the 'One Christ Church with St Mary's, vision. In addition, we look forward, all being well, to receiving a new self-supporting ordained colleague on 6th July. also to James Davies-spratt becoming a Lay Minister on Saturday Ilth October. We will continue to support our two ordinands, Will Stevenette and Nitin Shinde, in theirfinal year of ministerial training. Please hold them and their families in your prayer5. We will also continue to encourage new vocations and to welcome newcomers as they join us, benefitting from their gifts and experience. Pastoral Care The PCC continue to be aware of how much our Parish ha5 changed since the pandemic. Our final priority is to do all we can to support people spiritually, whatever their situation, for example, with our vital bereavement care Support we will support Daphne Hardwick and Moira Slack with the 'Death Café, initiative. It will be an enormous priviloge to host, for the first time in Swindon on All Saints Day November Isl the Grief Opera 'Love Never Ends,. Recognising we have six separate worshipping communities, we will come together for a Church Family Weekend at Home from 12th to 14th September around the theme th 'Comfort and Joy,. This will begin on Friday 12 September by u5 hosting the acclaimed drama 'The Beloved Son,, Henri Nouwen's spiritual journey acted by Andrew Harrison who will be interviewed afterward5. We loo1( forward to receiving the congregations, ideas around fun, fellowship, friendship and faith. Robert Jordan wlll be our guest speaker. In conclusion, we have deliberately limited ourselves to three new area5 for thi5 coming year. Please pray that we will do less things better, reminding ourselves that we are human beings, not human doings. Our Christ Church DNA will shine through as we grow in being Beloved, Beholding, Belonging and Becoming human beings. God has made us to be ambassadors for Christ, wherever we are and whatever we are doing. Community Outreach This year we plan to build on the regular annual events and activities that we already have running as well as introduce new events to our site. Everything we do is about involving people in a high-quality experience, making people feel welcomed and being able to show a positive outlook to our wider community, We look forward to continuingthe development of our afternoon tea and lunch clubs as well as our annual beer festival and dog fun run. We have many concerts planned such as Tribute acts to Queen, Take That, Oasis and Fleetwood Mac, We will work with Magnum wineshop to introduce 'an evening of Divine Wine,. We will continue to work in partnership with many other organisations and plan to raise funds for other local charities too. The Revd Canon Simon Stevenette On beholf of Chrlst Church PCC 2th Junut7ry 2025 Page 6 of 25
Christ Church Buildings Committee Annual Report 2024 Maintenance Issues: Last year, we encountered maintenance challenges with one of our rental properties and a potential water leak in the grounds. Property Sale.. Plans to sell 31 Cricl<lade Street were agreed upon by the PCC. We hope to sell and purchase a newer, more modern property in the New Year. Water Leak Investigation: Higher than expected water bills prompted an extended investigation. We identified and remedied a leak outside the Community Centre and an issue with the plumbing in the male toilets. Energy Consumption: We Successfully reduced our gas usage throu8h pragmatic adjustments to our Sunday service times and a relatively mild winter. Under Daniel Pitt's direction, energy contracts were confirmed enablingfurther reductions in gas consumption and costs. A new electricity smart meter was installed giving us a more detailed and realtime view of our electricity usage in the church. Grass Management Plan: We reintroduced our grass management plan to encourage native wildflowers and wildlife. Selected areas of the Churchyard were allowed to grow before cutting and removing the grass cuttings later in the summer. Signage was provided by the Eco group to explain our intentions to visitor5. Wooden Floors: The wooden floors, installed in 2017, have not been cleaned or serviced. We sought quotes for the work but lack the funding to proceed. This task is on the list of proposed projects when fund5 become available. Stained Glass Windows: Over the past six month5, we identified issues with our stained glass windows. Thanks to Janet French and Mike Snow, a full survey was conducted. We are now seeking quotes for repair works in 2025. Car Park Llghting and Securlty: Steve Cox is working on establishing specifications and costs to improve safety and security on our site, which hosts thousands of visitors annually. TV Monitors: With faculty permission received in April, we sourced acceptable means of securing two new aisle-facing TV monitors to the front pillars, This work is expected to be completed in early 2025, improving visibility for those in the side aisles. Achievements and performance Church attendance At the APCM130 April 2023) our electoral roll stood at 171. Our worshipping community is approximately 120 children and adults. Baptisms.. Eleven children under ten years, no young people 11-17 years and one adult, Marriages: Six couples married in Christ Church. Page 7 of 25
Bereavement ministry.. Our staff team took 19 funeral services in church. The ministry team conducted 16 interments of ashes and committals only, Offsite, our team conducted 16 funeral services, an increase from 10 in 2024. Written on behalf of the PCC by the Revd Canon Simon Stevenette on 30 January 2025 Administratlve information Incumbent: Revd Canon Simon M Stevenette Christ Church Vicarage 26 Cricklade Street Swindon SNI 3HG Lay chair from APCM (2024) Simon Giles Flat 2 28 Belle Vue Road Swindon SNI 3JN Christ Church with St Mary's, Old Town, Swlndon: is a Church of England parish within the Swindon Deanery of the Diocese of Bristol. serves a population of approximately 19,000. the parlsh include5 4 prlmary schools, 3 secondary schools and many residential and nursing homes. has a staff/ministerial team of 9 {of which l is stipendiary) is in Cricklade Street, with St Mary's in Commonweal Road, both in the Old Town area of Swindon. has its parish office at The Community Centre @ Christ Church, Cricklade Street, Swindon, SNI 3HB. The telephone number is 01793 522832, and email arish office christchurchswindon.co.uk maintains the Christ Church webslte: www.christchurchswindon.co.uk, has its Vicarage at 26 Cricklade Street, Swindon, SNI 3HG, telephone and fax {01793) 529166 and email simon christchurchswindon.co.uk Page 8 of 25
Trustees during the Year Trustees The PCC comprises the Vicar, two churchwardens, up to three representatives on the Swindon Deanery Synod, and up to 15 other elected members. The rnembers of the PCC aretheTru5tees of Registered Charity number 1134032. Ex officlo members: Elected members: Re¢d Canon Simon Stevenette- Vicar Simon Giles {from 2023 until 2025 APCMI Rev'd Norma McKemey-Associate Minister James Davies-spratt (from 2023 APCM, to 2026 'Simon Giles Churchwarden until 2026 APCM (Lay APCM} Chair from 2024 APCM) * Rose Earle (from 2023 APCM, until 2026APCMI Sheila Wright _ Churchwarden (from 2024 APCM to * lan Farr (from 2023 APCM, until 2026 APCM) 2027 APCM) 'Ai15a Palmer (from 2023 APCM, until 2026 James Davies-spratt Deputy Churchwarden from APCMI 2023 APCM to 2026 APCMI Frances Poel (from 2023 APCM, until 2026 Paul Ng-Treasurer (from 2023 APCM) APCM) Anne Grainger {Deanery Synod, from 2020 APCM) 'Anthony Slack (from 2023 APCM, until 2026 'Anthony Slack (Deanery Synod, from 2023 APCM to 2026 APCM) APCMI 'Alison Tremlett (from 2023 APCM, until 2026 sarali Garrett (Deanery Synod, from 2024 APCM to 2027 APCM) APCMI Genny Williams ILLM representative) (from David Cain (Lay Chair of Deanery Synod from 29 2023 APCM, until 2026 APCM) January 2024) Andrew Yeoward {from 2023 APCM, until 2026 APCMI 'Sarah Garrett (from 2024 APCM to 2027 APCM) *Helen Hartnell Ifrom 2024 APCM to 2027 APCMI Other offlceholders: Stephen Gr05venor- Gift Aid secretary 13n Farr- Electoral Roll Officer Helen Hartnell - PCC Secretary Non-voting Attendees.. Carol Simmons - Parish Administrator/Clerk Chris Smith - Christ Church Site Operations Manager Alex Davies-spratt - Verger Safeguarding team: Norma McKemey, Sue Jones and Ailsa Palmer Vulnerable adult adviser: clo Safeguarding Team Ministerial staff team Vicar Revd Canon Simon Stevenette Licensed Lay Ministers Margaret Williams MBE (LLM Emeritus from Dec 2020 to 5th March 20251 Genny Williams Anne Macmillan (LLM Emeritus from 2023 APCM) Ailsa Palmer l<evin Penfold ILLM Emeritus from September 20231 Associate Ministers Revd Norma McKemey Revd Daphne Hardwick Revd David Day Revd Moira Slack Page 9 of 25
Banks: Lloyds Bank plc, 5 High Street, Swindon, SNI 3EN Independent Examiner: James Gare FCA, DChA, Monahans, Hermes House, Firefly Avenue, Swindon, SN2 2GA The Parochial Church Council is a corporate body established by the Church of England. The PCC operates under the Parochial Church Council Powers Measure. The PCC is a Registered Charity no. 1134032 Structure, management and governance: The Trustees The Trustees of Chrlst Church are the PCC, whlch has the responslblllty of co-operating with the Vicar in promoting the work of the Church in the parish. The appointment of PCC members is governed by and set out in the Church Representation Rules. The PCC is responsible for a wide range of activities affecting the parish including, but not restricted to, compliance with statutes and legislation and the creation of suitable policies and procedures to protect those considered to be vulnerable. It is important that the PCC adopts and implements suitable training procedures to ensure that members are equipped to handle the challenges this represents. In addition to the dissemination of appropriate reading matter, the PCC actively encourages individuals to attend training courses arranged by the Diocose or Doanery and to report back to the PCC as a body. The PCC actively encourages members of its congregation to register on the Electoral Roll and stand for election to the PCC. The PCC has: A Standing Committee - contact- PCC Secretary And 5 subcommittees that report back to the PCC: Buildings and Site Development- contact Stephen Grosvenor/Michael Palmer o Mission and Evangelism- contact Revd. Canon Sinon Stevenette or Simon Glles Church Family- contactthe Revd. Canon Simon Stevenette or Sheila Wright Finance and Governance- contact Daniel Pitt/Andrew Yeoward Children and Young Families- contact Alison Tremlett Community Centre Events and Networl<s Group- Contact Chris Srnith Eco Group-contact Anne Grainger Page 10 of 25
The PCC has delegated authority to the Standing Committee to make day-to-day decisions when it is not practicable in terms of timescale to wait for the full PCC to convene and decide. This delegation may be withdrawn bythe PCC at any time, and any decisions made bythe Standing Committee under this authority must be approved by the PCC at the next suitable opportunity. Trusts related to the PCC 0 5windon United Charities Christ Church Burial Board The Friends of Christ Church Risk assessment The Trustees have a duty to identify and review the risl<s to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error. The PCC encouraged members of the congregation to abide by the lone working policy. The PCC agreed a policy on vulnerable adults. The PCC eiideavours to undertake risk assessments for events it manages. The PCC has a child protection policy. The PCC ha5 reviewed the major risks facing them and systems/procedures have been/are being established to manage those risks. Public beneflt We have referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing our aims and objectives and in planning our future activities. Financial Review Charitable activltie5 The Community Centre remains a central part of our local engagement. Regular groups rneetingthere include exercise classes (for children and adults), dance classes (for toddlers, children, and adults}, groups from other churches, a sewing group, and a water colour painting group among others, with a focu5 on supporting lonely individuals in our community. We have continued with policies established in 2004, of our designated mission giving being restricted to the amount collected in the offerings on special Mission Giving Sundays. On these weeks we have a focus on the work of the different organisations that we support. The tota5 mission-giving contribution in this year was £1,881 including Eift-aid tax recovery which was sent to support the work of SHAP and WILLOWS. The net parish share contribution for 2024 was £105,000, unchanged since 2021, aligning with expected income. The 2025 budgeted parish share contribution has been set at £106,000, as per the Bristol Diocese request. Fund-ralslng Some of the usual fundraising activities including the Beer Festival were well received by the communitTes this year, contributing significantly to our funds, The Beer Festival contributed £19,570 and other one-off events such as the Jazz Festival contributed a further £12,476. Page 11 of 25
Endowment and Restricted Funds Both the restricted and endowment funds showed modest increases this year. Church Reordering/Development and Renewal Projects Generous donations towards the continuation of the development and renewal of the churches and grounds had been received in previous years. In particular, the refurbishment of the Rose Garden continued under Eenerous donations from an anonymous benefactor. The £7,000 grant from the Kingshill Trust received in 2021 continued to support the development of our audio-visual capabilities. These credits and consequent expenses were attributed to the Property/Maintenance and Development & Renewal restricted funds. Total spending on church reordering is £3200 this year. Income Unrestricted fund receipts rose to £374,689 in 2024, up from £349,603 in 2023, driven by increased fundraising and a £20,000 legacy. However, excluding the legacy, donation income declined by IO'A, emphasizing the need for continued stewardship efforts in 2025. We deeply thank everyone who supported the PCC in 2024, with donations (including legacy contributions) totaling £122,431. The Community Centre lettings were £96,891 increased by 5% and indlcated the level of services activities nearly reached the maximum capacity. Expenditure Total Expenditure was £390,319 in 2024, up slightly from £384,267 in 2023. This includes a static Parish Share contribution of £105,000 since 2021, alongside rising wages, salaries, and operational costs. Reserves policy It is PCC policyto maintain {whenever possible) sufficient general funds, equating to four month5 of 'normal' turnover, In orderto cover unplanned situations that may occur from time to time. This is measured as one third of the budgeted income for the year. The General Fund Income Budget for 2024 is £270,000 so four months of this would equate to £90,000. The total funds held at 31 December 2024 were £1,659,735, of which £1,188,843 was held in Unrestricted Funds {see Note 6 in the accounts below). However, £595,853 of that is tied up in the Tangible Assets (i.e. the Community Centre} (Notes 5a & 61, £504,343 in investments (Note 6) and £3,420 is in designated funds for the ongoing running of the Community Centre. This leaves a reserve of £85,277 which is £4,723 under the 2024 reserves target. We will continue to monitor this situation during the year. Environmental, social & Governance Pollcy In line with many organisations, we wish our funds to be deposited in ethically-oriented funds that seek to encourage systematic change in the way the environmental, societal and governance aspects of society are managed. It is therefore our current policy to invest surplus funds with the CBF Church of England Deposit Fund. The fund is managed in accordance with the policie5 of the Church of England's Ethical Investment Advisory Group. Approved by Order of the Board of rustees on 31 St March 2025 and signed on its behalf by.. Page 12 of 25
Independent Examiner's Report to the Trustees of The Parochial Church Council Of The Ecclesiastical Parish Of Christ Church With St Mary's Swindon
I report to the charity trustees on my examination of the accounts of the charity for the year ended 31 December 2024 which are set out on pages 14 to 25.
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 charity’s accounts carried out under section 145 of the 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
Since the company’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of the ICAEW, which is one of the listed bodies
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
-
accounting records were not kept in respect of the charity as required by section 130 of the Act; or
-
the accounts do not accord with those records; or
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the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair view’ which is not a matter considered as part of an independent examination.
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.
James Gare FCA, DChA Monahans Hermes House Fire Fly Avenue Swindon SN2 2GA
Date 04.04.2025
Page 13 of 25
Financial Reports 2024 PAROCHIAL CHURCH COUNCIL OF CHRIST CHURCH WITH ST MARY'S, OLD TOWN SWINDON Statement of Financlal Aclivitles for the year ended 31st December 2024 Note General Deslgnaled Reslficled Endowment Fund Funds Funds Funds Total Funds 2024 2023 INCOME ENOOWMENTS FROM.. Donations and Legacies Cliurch Aclivilies Inveslmenls Olher Tiading Activities Olher Incoming Resources Total Incom6 and endowments 2a 2b 2c 2d 26 119,439 17,740 38,361 91,869 2,992 94,395 122,431 112,134 38,772 102,263 114,136 108,384 37,079 91,523 481 351,603 410 9,894 500 267,408 107,281 500 410 375,599 EXPENOITURE ON: Cliurch Aclivilies Raising Funds Olher Total expendlture 3a 3b 3c 212,039 47,843 1,353 261,234 124,608 4,397 336,647 52,320 1,353 390,319 336,636 47,331 300 384,267 80 129,005 80 Net galnlllossl on Investmenls 5b NET INCOME I (EXPENDITURE) 7,945 14,119 7,945 (6,775 640,897 608,233 (21,725) 420 410 Translers between funds NET MOVEMENT IN FUNDS 14,119 (21,7251 420 410 (6,7751 608,233 Reconclllatlon of funds: TOTAL FUNOS BROUGHT FORWARO TOTAL FUNOS CARRIED FORWARD 1,171,303 1,185,422 25,145 3,420 7,358 7,778 462,705 463,115 1,666,510 1,659,735 1,058,278 1,666,510 Page 14 of 25
PAROCHIAL CHURCH COUNCIL OF CHRIST CHURCH WITH ST MARY'S. OLD TOWN SWINDON Balance Sheet as al 31st Docomber 2024 1024 2023 FIXED ASSETS Noi Thftglblo Invostni6ni8 5a 5b 595.853 967..158 611.131 1.S63,311 1,570.644 CURRENT ASSETS D&bl¢)rs piepaymenis Shon ièrm doposi18 C&8h al Bank In hhThd 4.119 1.159 125.d24 115.348 129.543 116.507 LIABILITIES: AMOUNTS FALLINO DUE WITHIN 0è4E YEAR CfedrtC¢8 33 118 33.11 20,641 NET CiIRRENT ASSETS 96.425 95.866 TOTAL NEV AS8EY8 1.659.73S 1.666,$10 FUNOS Gonoral Do91grwlod 1.185 1122 3.420 7.T78 463.115. .111,303 25,145 7.358 d62.705 EndtYMlnI 1.659.735 1,666.510 Apploys by tho Paiochl81 Ctsjch CowKII on 3.J.. s k n4¢U.&..a.02.5.... and 8lgn¢d on IIA bèhalf by: The Rovd Slmon Siovenelle, Chamian J,¥>w Jfv Ilemb6r Page 15 of 25
PAROCHIAL CHURCH COUNCIL OF CHRIST CHURCH WITH ST MARVS,
OLD TOWN SWINDON
Notes to thè Financlal Statoments for t year ended 31sl Decwnber 2024
1 Accountlng Pollcles
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INCO>,IE RECOGNITION
Incomo ts focognised onco Iho charity has eniiuemeftl lo Ihe income. thore is sufficlont ctsrtk)Inty ol receipt and so
Il is probat} Ihal Ihe fftcome ii,
I recoivod. Iho anI ol itKome recèl'iablo tsi be moBsuied feliably.
For looacios. entillenienl Is laken Bs Ihe eaflier of:
Ihe dale on ivhicx the ch¥il)' is aare tl)At prtsbRle has been gfantod,.
Iho eslai6 hEJS been linalised And nolrficAbon hEJS been made by Lho execulorlsj to Ihe Tnjsl Ihal a disirÉbulth will
tje made: or
Yil)en a dislnbthion is receive<J Irom Ihe estate.
Recolpt of a le9acy, In Gf In phrt, is onlj, considerpd wobAble tho 8mouni Can bo measuiod reliably 8Tr
tho ch8fily has beon notild ol the oxeculor s inlenknon lo m8ko a dÈstf1butn. WhefQ IaCS 1i8vè bèon nobfied lo
tho chaiily. or 11)( charily Is A¥i'afe ol granting ol prob8ie. and Cfiioila lof income recognltson hAve nol bè£4n
met, then Ihe legacy is k7 treated as a contingent asset and discS)sed il maloiial.
Fundf&lSry is Funds ralsed by the lrnn Fayre and sirnllar ev6nl5 and Are accle4 for gross.
DivKlonds and iTrveslmenls are 8uounlod lot Vihen roceivBble excopl lor Bank, lere51 V1h unp&d Inlere3t is
accfued. Tax recoYerats on such inccffle Is reCogned in the same COUn11n9 ye¥.
Income Irom 9overnmenl And other grants Are recogntsed at fAlr vakje whon charrty lias enljllemont allef any
p¥fofnwice condi[nS have been met. il ig prob3blo Ihal the Income Vllll be rec£wed and Ihe Am<>uni can bè
m¢asure<J re&ably. If enlitk¥nnI is nol met Ihen fimounis are deleffed.
Galnp• and losses on Investmen16
R681isad g&ins or ljsses aré rtywisèj when inveslmenls Bre 601d.
UnreiSed gawis Of Ios8es afo 3ccounled for on r6v81ualion of invesimenls al 31sl DeMber.
EXPENDITURE RECOGNITION
Lkabilites Bro ieco9nised as expendilure as soon As iheré Is a legal Of constfucbvo obligation commitbrg Ihe chwily
10 Ihai oxpon¢J1ure, Il Is picbable Ih81 sottJenieThl knill bo required aThd tho amounl ol Iho obligation can te measure
Consecr8tèd IAI)d bulldlngs and movable church tumlshlngs
ConsocfHlod and tnolitEd proporty is oxcluded fiom the acc
PAROCHIAL CHURCH COUNCIL OF CHRIST CHURCH WITH ST MARY'S, OLD TOWN SWINDON Notos to tho Flnanclal Stalomgnts lor tho yoar ondod 31sl Docomber 2024 2 Incomo and Endowmoiits Irom; 00919n4Jled Il¢slikied Er>[knMeI Fundg Furpjs Ftjrtds Toihl FuThJ9 2024 2023 Fund 2& DL)n&tlons and Lega¢les I)IC¥y glb'lng. SiaTh(M9 Ofd&i donAlons l)ailth G1¥419 Scl)CiniÈ Oih&r Plannod glwdig lonvo1op(451 Collociions. opon plale fil fill s£ol5 Gill d&Js Surdry. dofifi1fts DonAlthappllAfs èlc Incon)ts Ihx iocoYtY8tKii Ilrt PGSI Le¢105 Del)MeI & ComTr)unlly Cénllo &9 8,L)20 53,659 2,d31 6,025 957 2,2Ql 9.273 16.875 20.W) 8,020 53,659 2,431 6,025 957 2.200 9,273 16,875 20,000 2,992 12,873 50,486 2,3J7 7,098 345 22.682 15.996 2,992 2,318 119,439 2.992 122.431 114,136 2bChui¢h A¢tlvlUes Hall6 l<lrg5 Foes lJoc4siall Doaiiory Gianls 2,497 15,243 1.395 96,891 15.243 91,634 16.040 710 17,740 94,39S 112,134 108,384 2¢ Invèslment$ Dl%'o2ends 8nd lIreSt Ilei)o¥Yablo Ene19y lJfOtertlog 410 3,916 6,474 3.091 3,612 6,d74 38,361 410 38,772 37,079 2dOlher Tiadlng A¢Uviiles Fundr191)g Evonis Car l)a Comniunlly Cefilrts Ilookkig Sorvlce Y5.189 16,680 8,752 5LYJ 84,441 16.680 1.142 102.263 75,268 15,73S 520 91,523 1,112 9.894 91,869 20 Otliei In¢omlng Rosouitès Olher TOTAL INCOME AND ENDOWIIEIITS 267,40 107,281 500 410 37S.599 3SI.603 COMPARATIVE PREVIOUS YEIA 244.241 105,363 2,000 351,603 307,303 Page 19 of 25
PAROCHIAL CHURCH COUNCIL OF CHRIST CHURCH WITH ST MARY'S, OLD TOWN SWINDON Notos to the Flnanclal Stalomonts for tho yoar ended 31st December 2024 contlnued 3 EXPENDITURE ON: Gen(i Oe4ii&t(td R@$tr¢16d En(ltrwmenl Fui)dg Fwds Tolal FLnds l-.ur 2024 2023 k9 Cljuyth A¢llvllltss Mls$lonaiy and chJiltabl• gIn9 iiiIs¥x4)IIIy Ucielles arid o¥ei8ea& 1.881 80 1.961 1,861 80 1,961 soculot thailllotl Sub.lolal MliilonJfy & ¢h&tll&ble lilirntsliy Paiisl) ¢thaio {pItso(J) i.orjj 1.000 105.C<)O 1.069 2.110 33.553 3.507 105.000 1,069 2,110 35.146 3,507 IOS.OOD 1,048 5.578 28,787 9.8BO other clwgy c0915 Chch I?1]111? L+xpenst%g Chw¢l) mlenC Clstdioi) & yo9 Poople CIILrf¥li 1--17)11Y 1,159810114ThJ ConiniuTrly Net¢ioA li Groups FLY 011( ex¢nses Prlnlrl)g aiid Sialiot1Y Properti 1,593 498 498 210 210 3.448 1252 2.339 1.992 3,448 1.252 2,339 1,992 6.698 1.622 2,160 2.527 ChCh tOrr19 prolfrcl l&ueg &91ailes 3,200 3.200 35.793 2.145 10.605 33,496 2,170 35. 793 2.145 Communlly Centfè •lage3 8alhiies MAlrileii&ncts Adiiilnislrabthi 1.&85 99,5 2.560 101.478 2,560 88,1T7 3,226 17,662 17,662 15.278 136.978 336.647 19,384 15,278 126.Cfj5 336,636 D(feci8lx)l) Sub.lol&l Coinmunliy Cnii¢ Total Clivrth A¢llvlll6$ 3b R•llng Funds FupAialglng [niS FurJral81119 Iiiiibylle. SIV8h1pJ 15.278 17.163 212.OJ9 119.816 124.608 43.143 351 ,397 47.619 351 45,506 261 4.349 47.843 4,349 52.320 1,56 ,17,331 Total Ratslng Fundj 3c 011 Otl*t e)w)dilui rotal Olh 4.397 80 1.353 1.353 1.353 1,353 30D 3CIO TOTAL EXPENDITURE 261234 129,Q05 80 390,319 384.267 COMPARATIVE PREVIOUS YEAR 257.931 121,217 5.129 384,267 3S5.8S4 Page 20 of 25
PAROCHIAL CHURCH COUNCIL OF CHRIST CHURCH WITH ST MARrs.
OLD TOWN SWINOON
Not•1 io Ihè Flnanclal Statemen1• lor lh• y•w ¢nd•d 31•1 D•ctmb•r 2024 ¢onllnu•d
biNrod R•s¢rk'lod
Si4if ¢ots
33 SIG
91.416
2.88J
G,2Y4
125262
3.•$1
72$4
109,364
Eff¢40>1 Ptn= crt C<GIs
G.234
JTGT8
J.fJlJ4
lJ7272
121.GlJ
Th¢ tr.c4ddy )Jf cc4Tr."bJo5 wlh ltr.¢ vcc nnaTr:ial iDai, Is fcf <Afryifl
FIXED ASSe78
14Dd Ofllc• •4•Jlp Tol41
d bulldlnob fflltln
GItO88 Bl)OK VALUE
Isl 24
76Y.914
Jlsl tkcwnbor 2D24
TOJ IJ14
DEPRECIATIOX
1st J)rJJ)' Xp24
CThaTg¢
J 1st tkc(ffib(r 2024
IfJ2.T83
l Jf2,7B3
lJf 218
IrJ8 OGI
NET BOOK VALLIE
• lit JJryJ)) 2Q24
31 Il D•¢•rnbf 2024
69S.OSJ
695.86J
A al hddoons I ILOMI i Gaif)
01.01.2024
A541
31.13?4
T62 C(¢
702.000
Lfjlgd l?•Stm•nl5
Upham Iload pr¢<&$
FJtf c Fund
KlJnt¢Dan
1.047
J,f110
22.001
CBF
LBF
J910
22 COI
CBF 3
LOF S'rt2¢rt ct•J
PAROCHIAL CHURCH COUNCIL OF CHRIST CHURCH WITH ST MARY'S, OLD TOWN SWINDON Notes to the Flnanclal Statements for the year ended 31st December 2024 contlnued DEBTORS 2024 2023 Incomo lax recoverab INB Somo Gill Akl 8lready rocovored via PGSI Propaymenls Ollwr doblors Icommunily Conlfo booklngs. FIT & RHI) 2,119 1.159 2.000 4.119 1.159 LIABILITIES:AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 2023 Accfuals and deloriod inconie t Accfuals for ubkn1103 and olhei cosls Cf(xlil(xs lor good3 and servicès Agoncy Moni95 22.769 2.200 6.250 1,899 33.118 16.135 2,220 2.28G 20.fyl1 t Doleirod income comprises 2025.. car park fonl.. comniunily cenlre lolllngs: & ivodding leos FUND DETAILS AIOI 012024 Income EXpUrlIuro Transler G•nilcds•i hl JI 12 2ts24 General 1.171.303 267.408 2G1.234 1.185,422 CorTimunily Conlie Dosignalod Dovolopm'l & Ronow81 Do5Trgnaled Organ Dosignulod Propgrty & Malnl. 005wnalod Bolls & Tthvors Oo5wnaled SUB.TOTAL DesnDled 23.772 {2.5311 70 3.01S 819 2Jf.145 1(M.28g 2,092 125,785 3.200 2.276 (2.7391 70 3.015 799 3.420 20 107.281 Sl Marls Rostrlclod Conimunily Centro Ro51riclod Dovekpml & Ronowal Rostrlclod Prowrty & Malnlonanco R951riclod SUB.TOTAL Rostriclod 2.601 3.507 1.250 7.358 500 80 3,021 3,507 1.250 7.778 500 80 Churcli & Poof LBnds Endowmonl SU8.TOTAL Endowmonl 4G2.705 4G2.705 410 410 dG3,115 63.115 TOTAL 1.6G6.510 375,590 3.310 7.945 1.659.735 Funds CofT?munily Cenlro - Ihls doslgnaled fund holds monoy folaling lo the runnlng ol Ihe Communrty Cenlfo Communily Conlfe -11115 rostrlclgd lund h8 mongy rolull1 lo donati5 und giants recelvod lof Spoe aclivilies rDlllllng lo Iho Communily Contre Dovolopmenl and renowal - Ihis do5ignalod fund holds monoy roLiling lo funds oarmarkod by iho PCC for specif4c clivilio5 rolaling lo Iho dovolopmenl of Ilie facilitsos proyidod by iho PCC. Dovolopmgnl Bnd Roiiowal - Ihi5 re51riclod fuiKI liolds nlonoy relating lo donailons and grants rocgivod speGillc aclivilio5 rolating lo Iho dovoloprnenl ol Ilie I¢111.95 providod by iho PCC. eg provislon or renovrfal o18udio•visual Proporty & Nlalnlenance - Ihls doslgnalod lund hrlS money sol A51dg f(>f quinquennlal ropDir works such as rool Churcli & Poor Lands - income ffr)m Ihi5 endthvmenl lund can usod cliuich mainlonanco TranJfer• Bgtwoen Fund8 No nol translgr$ bvtwoon lund5 woro done duflng Ihe >8r. Page 22 of 25
FUND DETAILS AI 01.01.2023 Income Exp8ndilurc Ti3n5fer Gainwlos5e At 31.12.2023 General 9fA,457 244,2d1 257,931 220,535 1,171.303 Conimunity Conlfe DoskunlllL>d Duvoloprn'l & Renvwal DesonJlL¥I Organ DQSVdntQd Piopotly & laInt. Desnall}d Bells & Toiveis Dosffjnated SUB.TOTAL Do5nl 39.439 636 70 15 839 40,999 1W,045 115.712 2,318 5.485 23.772 (2,5311 70 3,015 819 25,145 3.000 20 105.363 121.217 Sl k4arls Reslricled Conimunily Cenlie Roslriclod Dovolopm'l & ROnval Restriclod Prowrty & Mainlonanc(. Roslriclad SUB.TOTAL Reslriclod 2,601 6,G27 1.250 10,478 2,601 3,507 1,250 7.358 2,000 5,120 2.000 5.120 Cliuicli & Poor Lands Endownionl SUB.TOTAL Endowmenl 42,343 42.N3 420,361 420.361 4G2.705 4G2,705 TOTIL 1.058.277 351,603 384.287 640.897 1.G66.510 Fund8 Coniniunily Conlie - Ilils do51gnulgd lund holds money rolaling lo Ihu running ol the Conimunity Cenlie Community Contro .11)Is roslricled lund holds monoy felBling lo donation5 and gianls rorA)ivL lor Specific aclivilies iolaliiKJ lo Iho Communlly Cenli Dovolopmoni Bnd runowal - IhS5 do51gnaled fund holds monoy I11[j lo lunds eaim8ikod by tho PCC specilic aclivilios rolaling lo Iho dovolopmoiil 011119 lacilili05 proyidgd by the PCC. Dovolopmenl and RonowHI . Ihi5 18511iclod IuiKI holds monuy ieluling lo dunHlions and gianls iecoived lor spècilic acliyilies rolaling lo Ihv dovok)pmeiii ol Iho laLilili05 Pfovlded by Ihe PCC, eg piovi51on or ienoiiial ol audKFvisual Prowrty & fvl(iinlonance . Iliis du51gnalod lund hokjs moiifjy $91 asido lor quinqueiinial lepilii works such iwl Chui¢li a Pour Lands . income Iioiii Ih15 undthvmonl fund can used lor chui¢h mainionanco Transfers Belwoen Funds No not Iraiislors bolween funds ivuro (fono duiing Ilie yeur. Page 23 of 25
10 FURTHER NOTES Communlty Contre & Lotlingsloariiings Church Lottlng6 Llonalii)n5, Granls&lnter( Fund Raising othei Total Income Deslgnated Resl. 2024 (£) 2023 (£ 94,395 94.395 91,G39 520 9,252 7,306 1.142 580 500 104,789 100,045 8,752 1.142 104,289 500 Uti1rt1O5 Hou54hol(VKlaintonaricG Salarie5 Fund RDising Cost Tolal Expfrndlture 9.910 11.885 99.594 4.397 125.785 9.910 22.G10 11.885 1,288 99,594 88,214 80 4.477 3,GOO 80 125.865 115,712 Nolo: tIre Hre no longor rolovanl to mea5uro tho Sufplus of delicil ol the incorTie and oxpendrtufe of Iho communilios cenlra Hlone Oiiiing to I1 income Bnd expendilurg u(e meigod ivith church aclivilies as a whole 11 Rèlated Party Tfan8a¢tlons Tfusteo and Related Party Benefils & Expenses Sabbaliciil payment lo Rov Slevenelte £1,308 and Iho spou50 01 IN51ee Janies Oavies. Spiatl15 ernOYed by Ihe Church and receivLxI gross salary 01 £1.G75'. Trustee Donatlons Tolal donation5 of £17.745 viero fLYAlvod from trusteos. Those donulioiis Yiere all given vilhoui conddion5. Tru5toes also donale vlu church plale co118clions. These amwnls aro not recordod 5epaialely. FlnBnclal Rl$k Managemonl Tho clianly has minimal exposure lo cusl¢xnor Cfedil risk, liquidity risk arid niarkol iisk, Please relor lo the risk management section ol the Iruslee5 annual report lof inlormalion on hthv risks afQ man8god. 12 Page 24 of 25
i)
Sla¢•m•nl ol Flnan£l•l A£ii¥lii•• l¢ff lh• r••1 +nd 31•1 O•cwnbw 202)
D•%w41¢O R•sincl¢d EnJG¥rnI Total FuNI•
Fun¢A
Fbrés
Furrfls
202J
COMÉ ANO EPIOOYIMeNI8 FROII:
2•
100.818
Ili.1144
Jb.bC(J
8J.591
481
J44.241
1141J•
io&)
J7,0Tg
1.52)
96 81)
96210
L>)Jf(h fvJp•ilio J
lTrrtkrn•rts
?l.tsJ9
2d
14 GS5
t/Jo
i.J
u11 In11 HOul%
lotsl incw •nO
lo5,)
J&i.60J
expiMDIIURE OH:
2 iJ.IwYJ
4J.lJl
30)
i.yji
b,IXI
J3&6J8
47.jjl
Jii 111
44 144
J3
355 If
To1 •xp•fiduf•
J1I217
N•1 qilnl