C.HRIST C.HURC.H Fulwood THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF FULWOOD CHRIST CHURCH, SHEFFIELD (Also known as Christ Church Fulwood) Audited financial statements For the year ended 31 December 2024 Registered Charity Number1134057 resting in Jesus I living for his glory Christ Church Fulwood Financial statements for the year ended 31 December 2024 Contents Legal and adffllnlstratlv• Infomiatlon R•port of th• Councll Report ol th• Ind•p•nd•nt audltor 9-11 Prlnclpal accountlng pollcl•• 12-14 Stat•m•nt of flnanclal actlvltles 15 Balanc• sh••t 16 3tat•m•nt of cash flows 17 Noto8 to th• flnanclal •tat•m•nt• 18-27 Christ Church Fulwood Financial statements for the year ended 31 De￿mber 2024 Legal and administrative information E¢cl•slastlcal parlsh: Fuiwood Cluist Church. Sheffield Address: Canterbury Avenue Fulwood Shcffield SIO 3RT Councll m•mb•rs: Incumbent Rev. Jonny Dye ci Associate Viur Rev. Pete Scthunan. ci Assist4nr Curatc Rev. Mott Laweg Cl (lo July 2024) Director of Operntions Rev. Stephen Rae ci Minister foi Training Rev. Rob Mullock ci Churchwardcns F.mi]y Davies Bill "Thoma5 Paul Dodd Sally H￿son (to May 2024) (to ,May 2024) W (from Nlay 2024) W (from May 2024) Deputy Churchwardens (Co-opted, unless elected) Alison lansky Paul Dodd Chris Nex E (to Amay 2024) E (from May 2024) Dcanery %ynod representativ¢J Paul Houghton RAfa Dc Lirna Hearhcr Wiison Gener￿ Synod reprcsent%Uve Jane P*tt¢ryon Members with elected tole responsibilitie$ PAUI G¢tmAn E Mkssion Committee Chair EMMA G]av¢$ Sally Hewson E %ecrerary E Parish .%afe8uarding ()Eficer (to Nlay 2024) Co Treasurer (from 4May 2024) Co LAY Vi¢e-C.hair (to May 2024) Ronan Wade Chris Nex Christ Church Fulwood Financial statements for the year ended 31 December 2024 Legal and administrative information Coun¢ll m•mbors (coTrtlnu•d): Elcctcd PCC members Petcr Collier Adrian Harris Tricia Ware Ronan Wade Paul German Andy Donaldson Carolyn Edmond5 Emma Graham Judith Jones Jcnnifer &Meiring Roger Richardson David Taylor K2rcn l-Iolme$ Paul l-loughton Dan Floughton Liz Johnstone .1 obi, I'ogell)erg Phil NlcNlinn Walard ,Moote John Grant Richud Clayton Susan Pcreirn Gillis Robbie Andy Toward Heather Charlton Andy Cook Paula Harris E (to imay 2024) (to may 2024) (to May 2024) Tteosurer (to May 2024) (to May 2024) E (from May 2024) E (from %lay 2024) E (from May 2024) E (from May 2024) l)arish Safeguardin8 ()fficer In attendAnce PCC mernbership $urnm2ry at the date of this reporr: Cl _ Cler8y ￿Ott￿) tv - Churchwarden (Votingj El¢¢ted12y member (Votin Co-opted onto PC.C (Voung) PCC allendcc (Non-voting) 25 statu•: A chariry re&stered with the Chority Comniission Bankers: Virgin Money 66 Fargate ShefField Audltors: Hawyons Chartered Accountants Pegasus E-touse 463a Glo$sop Road Sheffield SIO 2QD Christ Church Fu1v￿d Financial statements for the year ended 31 December 2024 Report of the Council - continued ObJectlv• and Vislon The objecuve of the Parochial Church Council ('PCC? is to promotc the gospel of the Inrd Jc5L15 Christ according to the doctrines of the Church of England. Undet thi$ ovcrdrchbng objective. the church seek5 to glorify God by pursuing our vision To know and enjoy the tr4nsformin8 love of Jesu8, make his love known to others, for his glory. It is the love of Je$u8 that is 4t work in each of us. He invites us into his life by knowing and enjoying hA$ t1￿$forM1ng love. Jesus said. "Come to me, all you who ace weary and burdencd, and I give you tt8L" Matthew 11:28 Our pr2yer for u$ all 15 that. by re-discovering the tt5t that Jesus oFfers, we might be transformed. It is only then that wc will be equspped to jive for his glory A5 we se¢k ro make His love known to others. Actlvltlos The church helps mernbers grow in their faith through Sunday teaching. sm#ll group Bible sDJdie$, and practical support in are2s like m*ttiogeb parenung. 2nd workpiace discipleship. The monthly Church Family Pray¢r evenin8 15 a vitsi part of church life. demonstrating dependence on God. The church secks to reach our to our community, aiming to Share th¢ gospcl with every residenr in Fulwood. This includc5 a variery OF Out￿l¢h ministries. evangelisuc events, Ind re8ular guest services dc5igned for those exploring Chrisu4nity, Major events like our Fireworks night and Carols by Candleli8hc provide opportunitic5 for people ro hear about Jesus in An accessible way. Various ministries carer to diffcrent age groups. ensutlng that people ofall life st4e$ Are wclcomed 2nd disciplcd. Pre- school a¢tivitie$ hke Junior Jivers & %maU Talk create A friendly, Christiqn environment for young children and their families. Children's and youth work t2k¢s pla¢c throughout the wcek, on wcckends. And duting school holidayy. %tudcnts from %hef6eld's univcrsiues invited to cngage with church knFe through dedicatcd events and disciplcship opportunttsc5. '1'he church also run8 * ministry for older members, including the weekly Ftiday Club. which offe Fellowship and community. Ihe church is commirted to mission And global outre2ch, supporung mission partners involved in ctOS8-cultural ministsyi youth and children's work, and 5hort-term mission trips. "LThc 4Nlission Committee ovcr5ces financial support, recommends new miysion partners. Ind ensures & continued gospel Eocu$ An all yupported ministries. Thc church Also kvns Bible TrAining Yorkshire (B1Y) to local churches and acuvcly supports member$ putsuin8 Eull.tim¢ thcolo8ical trainin& including ordination. This is in addiuon to our own structured trginin8 progrnffls for Nlinistry Tr4ine¢$, whcrc trAinees rcccive Bible tca¢hin8 and hands-on ministry experience. Revlew of tho year 2024 was another cncouraging yvar for Christ Church fulwood. Wc be￿n the year agxin with & month OE pr2y¢r. meeting morning and evening during January to commit the yexr to thc Inrd. culminating ￿qth our annual day ofprayer #nd partnership Sunday, wh¢r¢, a5 a church. we made a commitment to our partnership in the Gospel. We aiso foru5cd on our verse for the year "Even youth8 gTOW tired aod we$ryi aod young mea Btumble and fall. but th08e who hope in the Lord will rettew their 8trength. Tbey Mll 8OAt on wAng8 like eAgleB" they will and noi gtow weAry> they will walk And not be faint., 18aiah 40.30-31 As a12rge chutch a key part ofour life tO8¢ther 1$ meetlng in weekly small Eroups. In the summer of 2024. we undertook - our first tevitw and resluping of these groups sAnce Covid pandemic atlowing new relationshfftps to develop within the church family and a chanc¢ foi new membets to jo&n these. The Ye￿ was also matkcd by the ]aunch of our new wision.. 'To know and enjoy the transforniing love of Jesus. and make hi$ love known to others, for hi5 glory." Thts was dcveloped by the staff team during the year and shattd with the church family in ()ctober. It marks the start of i new p￿10d for the church. Is w¢ first scck to look inwards. on out ovm relationship with Jcsus before rhen seeing how this will refl¢ct on our Iivc5. And the hves of othcr5 as wc seek to make his love known to othets in our pati5h. Christ Church Fulwood Financial statements for the year ended 31 De￿rnber 2024 Report of the Council - continued Att•ndanc• and m•rnb•r•hlp Those who att¢nd church meetings on % regular basis rnay $ign up to the F.lectoral Roll. which is the Eornal membership of the Church of England. allowing members to vote at the Annual P3rochial Church Meering CAPCM). These totalled 536 in 2024 (2023.. 551). The figures for the Aver4e Sunday Attendancc, ¢ounted during C)ctober each ycar, previously gave a more reliablc indication of the size of rhe church famtiy. These show gradual growth in church numbers between 2015 and 2019. However. no count Was Perforn￿d in 2020 due to the pandcrnic restrictions and. in Octobcr 2021, although physical rncetings were t2king place in pcrson, capacity was ]imited due to the cornbincd effects of the p*ndemic and ongoing building work. Thc averdge in October 2024 was 842 (2023 846). 1200 iooo Sunday Attendance (under 161 800 600 Sunday Attendance116+1 400 Eleetoral Roll at APCM 200 2016 2017 2018 2019 2020 2021 2022 2023 2024 Pari$h¢s must renew their electorAI roll$ every six years in accordance with the Church of F,'ngland's Church Represenration Rules. The last renewal w&5 during 2019. when everyone who wished to be ible ro vote on church m2tters had to sign a new forn and we will bc renewing this %wain io 2025. Updat• - Saf•gu•rdlng Thc ("hurch of I., ngland is called to Shire the good news OF God's salvation through Jesus Chrlst. The life of our communitse5 and insutuuons is integral to how we addr¢$$ this task. The good news sp¢*k$ of welcome Eor All, with x paru¢ulxr regArd for those who are most vulneAble. into a cornrnunity wh¢re the value and digniry of cvery human being is aftmcd and those in positions OE responsibility and Iuthoriry are truly trustworthy. Being EaithEul to our call to share the 805pcI thcTcfor¢ compels us to take with the utmost geriousness the chailen8e of prcvcrtting abuse from happening And rcsponding well where it has Thc PCC has M) voluntcers who share the responsibiiiry OE Parish S#f¢guarding C)Eficer. and a part-tirne Staff member to ovcrsee the large nurnber of DBS checks tequired Eor the st2(Fand voluntcers involved in the church's acuviues. Thr PCC continues to seek to implcmcnt all appropriate guidance and #dopt best pracuce with rewd to safcguarding, includinE safer recruitrnent pro¢¢$ses. This is re8arded by thc IJCC a5 an essential and integral clemcnt of the church, good governance and risk managemeftt activiry. although it has placed a substanually increased workload on 2 number of individuals. to whom the PCC 15 immco$¢ly grateful. As At 31 December 2024, 143 (2023.. 246) individuals within thc church family had received s%fe8uardin8 tr8ining. and 233 (2023.. 216) individuals h¥Ld current DBS chc¢k5 for their work with the church. Updat• - Staff In our rnini5try team in February 2024 Jessica Warburton joined in rhe role as iNlin$5ter Eor Community Outreach. This is a role fundcd by the Abbeyfield fund and sccking to work in particularly amongst the ¢lderly members of our wish. In ilugust 2024 Tom Brewster joined the sraff in the role of Nlini5tcr for ML usic. WJI Sykes left hi5 rolc as Jurtior Childrcn, Youth and F2milie5 Worker and we welcomed Rhys unden as rcp]accment in September 2024. Mitt Law￿. fthi5hed hi5 Cxtcnded cutacy in June 2024. and continued to support us during Au8USt %5 wc rc5h3ped our smai) groups. We w¢te delighted to be able to join with the Diocese in 5UPPOrting 4M8tt in his new one year role in Kilnhurst from %eptembcr 2024 from the growth fund. In out ministry support team. Fleidi Beatson j02ned as Fin2nce Assistant and PA to the vicar in Feb￿arY 2024. Anna Wade left het role as lead recruitcr in August 2024. Jenny Wong and Rcb¢cca Tomlinson joined the team to covcr this role and provid¢ materniry cover within thc Ministry 5UPPOrt team. Christ Church Fulwood Financial statements for the year ended 31 December 2024 Report of the Council - continued Updat• - Wld•r church The PCC recekved tt8u]ar updates Erom those members who a]so sit on Deanery. Dioces&n and Genetal Synody. The Council is pleased to be rcprcscoted at all levels within the Church OE England's governancc strncttwes and is grgtcful fot the time and comniitment shown by thoye PCC members who Bive g¢nerously OF their time. Thc PCC. in consultation with the Bishop of Sheffield. has asked for extended pastoral ovcr5ight from The Rt Rev Rob ,Munro who was installed xs th¢ Bishop of Ebbsfteet duting the year. He offers extended pastoral and sacramenta] care to those p￿lSheS and clergy holding a complemeotarian understAndin8 of ordaincd ministry. which is an e55entia] part of rhe Church of En8land'5 approach to en$u¢ mutual flourishing OE difEetent church traditions. The PLC ¢ontinue5 to be concerned at the direction of travel on some of the issues being discussed at nauonai level within the Church OF En8land, nor least relaung to Iaving in Love and Faith (LLF). as discussed at Genera] Synods during thc year. The PCC h*s contsnued to give cateful thou8ht to these rnattcrs and have appreciated the support ol Church of England Evdngelica] Council (CEEC) in joining wirh other evangelical churches in the Church of England to uphold the long held biblical beiiefs on human sexuality And marriage. Futur• Plans rhe church began 2025 with *nothcr month of prny¢r and have bcen considering our versc of the year "And I pray that you, being rooted and establi5hcd in love, may have power, together with all rhe IA)rd'$ holy pcople, to grasp how wide 2nd long and high and deep is the lovc of Christ... Lphesisns 3..17-18 We are looking forwatd to the opportuniue$ to livc out our new vision. resting in Jesu5 And living for hi$ glory. Goin8 concern The l)CC continues to munitor it5 finAncial situation closely as budgeted cxpcnditure cxcceds income. During 2024. the l)CC has been gre#dy cncouragcd by the r¢$pon$e to its Giving tsunday in ()Ltober which Saw increased pledged to our incomc c105in% the gap. The PCC hs carefully considered a detasled budget for 2025 And a forecast extcnding into 2026, thctcfore covering a pcriod of at least 12 month$ from the datc of rlicse fJnancia] s¢atcrnent5. Although the budget anticipAte5 a deficit for 2025 the church'5 frec reserves remasn $uffi¢icnt ro support this. and the chutch M]1 continue to review its income and expenditure durin8 2025 and is ready ro takc nc¢cssAry acuon to ensure 2 balxnccd budgct in future years, ()n Ihi5 basis the PCC 15 satisfied that it is appropriate to prep2re the accounts on a going concern basis. Flnancl•l R•vl•w Income R¢*tri¢*d PuDdi Abbry&ekl BIryP Other Totql Ful￿ Fus¥J Tothl FuNI• cth) £I¥J) £Mo 16 Gfovth •RSY L4nd& Fund Fund Fund BIMJdin81 Totsl £vi crth £ooD £( 891 891 Fi Doo Gift income - r¢MwlAr . ¢oll¢ctio . orte-off 34 928 9211 iy 952 Crf*tirt¢ome Other sneome Towi * RSY = RcNew South Yorkshirc rnatchcd fund. Bl.-I'l,' 1Suildin8 for thc Iluturc l.uttd Total income was £1.071k eomwed ro £1,968k in 2023, with the main fall due lo the one-ofE gift from the Abbeyfield trust in 2023. Gcncral fund income (For the rcgular activity of the church) dccredsed From £1.088k in 2023 to £1.008k in 2024. Regular ￿VIng in¢reascd ro £894k from £865k in 2023. however one-ofE gifts dccrcased Erom £155k in 2023 to £34k. 17 17 102 24 3<) Other income increased to £80k from £66k in 2023 as the church continucd to carry out regu]2r activitie5, and due to the new church budding being available for the whole yc3r. Christ Church Fulwood Financial statements for the year ended 31 December 2024 Report of the Council - continued EX￿dIt￿re CcncrAi Growth •RSY IArd& Fulld DoDrJ Towl Abiwfjdd BFTF Oll￿r Fynd Fund Fund# Totsl P TOMI 598 598 43 43 minigrfF - othcr ¢osr 4J5 4J5 PY) 12 )8 . yv¢mm¢¢ -¢0 16 16 16 43 t3￿) 12 16 Actiiryry outside thc ptrith Totsl ¢xpuditstrt Total expenditur¢ w4s £1.226 compared ro £l,IOlk in 2023. The increase was duc to InCr￿Sed staffin8 levels and pecific maintenAncc work carried out during the yeAr. Gcncral fund expenditure increased to £1,197k from £1,057k in 2023. this was due to inctt#$ed $taEfmg in rhe yeAr and higher energy costs. The contribution ro the diocesc wa5 £168k (2023: £154k) comprising the cost of remuneration OE Fulwood cle (other than the Vicar and Curate) of £98k (2023..£77k), And Common Fund contributsons towards rhe cosi of the Vicar and curnte of £54k (2023: £67k) and * Common Fund contribuuon towatds c¢clures perf()rined h!. the enkTAyinient ttiin iniliidLd.. l)i%i(i%%i(>n4 ii'irli iiijini& kPLniLnr Jn(I Ilii)se rispi?n%ililL ti)r l¢gi'.Il Lt)Inpli'.InLL l)rc)CLcILire% ii'iihin ilit chllrii). In rjhtiin 2n an(1 tr'.iucl., Rei'iLii'inkr iiiiiiurLs ()f trLI8(¢¢ niLvflTikts' l(Ii iiiil!'IllkT and il%%LS5IIIMr rliL (IL%ixn Ll-tL¢iii'LnL4% ()l- LiJntr()1$ 111I1t iii:In1kienient h.,1% iii plALe t(> pr¢i-¢ni Jnd ilLrecr tM)%tLd l)). SL'nii)r m.'Lnl&YLinenr. U8L of our rcport 4G.I:I C;Ir)s%()p Ri):i¢l Christ Church Fulwood Financial statements for the year ended 31 December 2024 12 Principal accounting policies The *ccounrs (financial staterncnts) have been preparcd under the historical cost convcnuon wirh items recogtiised at cosi or trnnsaction valuc convcnrion except for rhe valuation of ccrtaitl properry and invesrmeni assets. which are shown at capitalised or market value as below. financial statemenrs havc bcen prcp2red in accordance with thc %tsi£ment of Recommcndcd l)rarUc¢- rlccounting and Rcporting by Chlriues preparing rheir accounts in accordance with the E,"inanciai Rcporting St2fLd2rd appb'cable in the Uk 2nd Republic OE Ircl*nd IFIL% 10?). thc f4inancixl Reporting Stalld￿d applicablc in thc L'K and Repubhc of Ircland (Fli% 102). Ihe ChariiiL's ALL 2011 #1)d iii dLcordill)LL wirl3 rhL Church ..ILLoiintingy RLgulAtion% •11116 goi'¢rning the indiiiduil ACLounrs ()f l?CC.s. The PCC constitutes a public benefit enury a5 deFLncd by FRS 102. Funds Unrestricted Funds rcpr¢$ent the fijnds of the PCL that are not subjecr to any rcstiiciions rcgdrding their use and are &vai]able for Applicarion on Ihe gcner31 purposes of the l)CC. Certain Unrestricted funds ma), be carmarkcd for o partscular pU￿05C - these Arc known as Designatcd Punds. Re5trictcd Fund$ #te those funds which rhe PCC must apply to specific purp05cs creatcd either by donors, reguests or Icgal oblig8t%ons. I'hese ￿lld5 arc rhcr¢fore noi avai]able for %pplic74ti0n on the general purposes of the PCC. The accounts includc all trAn$actions, assets and habilities for which the P("C is respon5il)Ic in low. Incom• Illl incom¢ is reLognised once thc charity has entitlement tu thc income. it is prol)2ble thAt the income will bc receivcd And the %Lmouni of incomc receivable c2n bc measurcd rcbably. Income from grnnt$ is recognised wlien there is ¢vid¢n¢e of enurlement. rhe ¢cceipt of th¢ grant is probAblc and its Amounr CAn be rneasured rcliably. Donatlon• and l•gacl•• Regul2r giving is reco8ni5cd only when r¢ccived. Income tax rc¢ovcrAble on Gift Aidcd general dgnatsons is accrucd for on a monthl). basi5, bascd on the donauon dale. (Jf3nis and Icgacies tu the IJC.C arc accountcd for as si>on xs the I)CC 15 notificd of lis Icgal enuilLmcnt and the ￿loUnt due is quanu[￿ble and its uliimate rLceipt by the l)("C' rcason3bly ccrtgjn. Although thc l)C.C. is leRall)p enridcd to claim Cjifr ..lid tax on donarions reccivcd in tespect of major projec15, thc PC("'s policy is nor to rcclaim rax whcrc there remains any si8nificani doubt al)()ut whether ¥L projeci will prg¢c¢d as proposed. I'or this reason, GiFr tlid tax was only rc¢lairn¢d on donations to rhc Iluiiding for the I,uturL' project oncc pcrmsssions werc substanuAlly rcccivcd And the PC.C had madc a final decision to progress wirh the projcct. Other Incom• Rental incom¢ from the letung of church premisc5 1$ rc¢ognised when thc rcntRi is du¢. Bartk tnteresr is accounted Eor when rcccivlblc. Invesrmenr gain5 and losses are recognised upon rcwAluation of the underlying assets at each yeat end. Dcfcrrcd incom¢ relates to events which will takc pla¢¢ in future aLcounung periods. Exp•ndltur• Lllabiliues are reco8nised a5 cxpcnditure 2$ soon as there 1$ a Icgal or consrnjcuvc obtigauon commiiting Ihe chariry to thar cxpcnditure, ir is probable that 5cirlcmcnr wJl be required and rhc amount OE thc obligation can be m¢a5ured rcliAbly. ..lll expenditure is Accounrcd for on an accruals basis and includes ittecovcrable I'..lT. Grants to misslon partners "LThe church support¥ mission parrners in rhe UK and around the world. IX,'herc a particu12r fftissiun partner has been supported by rhc church for a number OE yeArs. Strici compbance with the ChAriric5' Staicrncnt of Recommended Practice (S()RP) may regard some arraAgemcnts as eonsuiuung consrNcr¢vc ol)IsgLuons SULh that fururc yc%rs' Support is accounted For in Ihc5c ac¢ounts as a liability. Christ Church Fulwood Financial statements for the year ended 31 December 2024 13 Principal accounting policies Whi15t thc silPPOrt has no final end date. the Couocil asse55cs mission partner funding on an anftual basis and is confident that the mission partner5 would not view their support u an open ¢ndcd obli8ation on the part of the Council. The annual commitment only is #ccounted for in these financial statements. Flx•d asJ•ts Con*•crnt•d land •nd bulldlng• and movabl• chu￿￿ furnl•hlngs Consecr4ted And benefice property is excluded from the accounts by s.10(2)(a) of the Charities Act 2011. Movable church fijrnishings held by the Vicar and Churchwar(kns on specA21 [rt￿t for the PCC, and which require cuity for dispo941, Ire accounted as ￿￿lien#ble property unless con$e¢rdted. lkney are lisred in the church's inventory which can be inspected 2t ony reasonable timc. For inalienable property acquired prior to 2000 there 15 insufficient ost infomiauon avai]able and thcreEore such as8¢ts not valucd in the accounts. Items acquired since l Januaty 2000 have been c2PAtali$ed and dcprcciatcd in the accounrs over theit curr¢ntiy anucip&ted u5cEul economic life (initially over 10 years) on 8 strAight-iine basis. All expenditrjre incurred in the yeAr on consecrated or beneficed buildings. on individual item9 With a purchase price below £500 and on the repair of mov4bl¢ church furniyhings acquired before l January 2000 is expensed through the Statement of Fitianci￿ Acuvity. oth•r land and bulldlngs Additions Are capitabsed at CO8t where llcquircd during the yeAr. The cArrying walues of t#ngiblc fixed Assets previously valued when capitaii5ed have been retained at their book amount as a deemed cosr on transition to %()RP FIL% 102. No depreciation is provided on freehold ]*nd and buslth'ngs. It is the policy of the PCC to maintain its properties in such a condiuon that rheir va]ue is not imp2ir¢d by the ps5agc of time. The residual value 18 $imil*r to its carryin8 value and th¢reforc d¢pr¢¢iation would bc immareri21. oth•r flxtur•• Ilttlng• and offlc• •qulprn•nt F guipment used within the church prcmi5es, including IT and Communicauon Equipmcnt. 15 dcpreciared on a srraight linc basis bctwccn Eour and ten years. depending on thc rnost appropriAtc useful economic life. Residential Property rixtures and FittsnB5 arc dcprcciatcd on a straight line basis ovcr 10 y￿aT5. Individual items of equipment with a purchase price of £500 ot less #re written olf when the asset is acquired. Motor v•hl¢l•• ,Motor vehicle5 are depreciated on a $trai8ht tine basis over eight years. Inv•stm•nt• Inve$tm¢nt$ initi4lly recorded at cost and subsequendy measurcd 4t fair value when determinable or at cost legs impairrnent IE not. Quoted investments are rerne2s￿ed at fair value, while unquoted oncs remain at cost unless a rciiablc fair value 15 available. fair vatue reviews ¢arricd out at each reporting date. with necessary adjustments recognized in thc st*t¢mcnt of financial activiry. ()n dispos￿, any th'ffcrcnce between cwing value and proc¢cd5 IS recorded in incorne. Payments made Lknder operating leases expensed on a straight-]ine basis over the lease term. P•nslons Retiiemenr benefits to employees of the PCC are provided under the following arrnn8crncnt5 during the year: contributions to personal pension pians of the employee's choice; or contributions to the church's stakeholdet pcnsion scheme. The charity opened an auto enrolrnent compliant st2kehold¢r pension sch¢me with the People's Pension to which all contribuuons to employees, r¢tirem¢nt bcne6ts are paid in to. All conrributions to pension plans are chargcd to the Statement of Fmanciai OCtivitic5 in line with recogniuon of egrnings and in accodan¢c with the njleg OE the scheme. Christ Church Fulwood Financial statements for the year ended 31 December 2024 14 Principal accounting policies Golng conc•rn The PCC have ser a similar budget for 2025 as in 2024 ￿ thcy conunuc to support the ministry of Chtisr Church. Our continucd staffing n¢cds rnvAns that our budget remains ar a defiat Eor the next 12 months. how¢vcr we give thanks to God that lasr years. gÈf( days and 5ubscquent incrcasc5 in r¢gular giving h2ve provided sufficient reserve5 ro cover 2024. Ihc PCC has $4]ffic&ent reserves to meet rhe curreni shortEall and rhcreforc has a reasonabl¢ cxpcctatiort that it has adequate resourcc5 to continue in opCrnti0n￿ existence for the foreseeable future. Accordingly. it continues to adopt the going Concern ￿$1S in prepating these financial statements. Christ Church Fu￿00d FHiarwi81 ststements for the yeBr ended 31 D￿rnber 2024 15 Statement of financial activities C*ntr•i lkniy*ted kntricitd To¢ lots] No fiwd Incomt fro l)ongtsoni and l¢witi 921102 24.966 17.791 IB.469 94068 17.790 94.211 6.565 1,071,634 1058.848 24J25 80.682 4375 1,968230 r.hwi14ble Ittiviiiei Invcsimcnti TotAI Income 75.742 4.736 J.(N5e 63,054 Expemdiiurt on Chwitsble Acti￿￿¢8 Ministry cxpcrti MiJ*iOll. and other iupport Tor￿ ENptndiM 1,049002 137.834 1,187,6J6 16361 12020 291181 1066063 161JOJ J327J68 10.651 140J78 1.101?18 Nct sove¥Ety*Atr 11481 11481 Nti (eX￿A￿l￿￿>/In¢Offi¢ b¢for¢ tr￿•re 1179,050 (lo￿51) 46,454 1143JU) 066,912 1'Anifery b¢tweea f4MM 12b&e I29￿14 P6.7721 1102244 Nti mLsvemEnt in fvndi •fter 150 P7.4111 155,78 (1432SJI 866.912 522,71J 1x13,670 842.1x19 U69392 1.702J80 Totsl hnd• CAnied 4131 Dt¢embEr 472,671 426,039 2 569292 ChrK81 Chufch FU￿￿0d Fin8n¢Yal stalernents forthe y8ar ended 31 December 2024 16 Balan￿ sheet No 2024 Fixed 1$8¢ TgnRsblc JsW JJllJ14 697.IM5 1.920J59 4207265 I￿?,165 Cutttnt Dcbto Short Itrn dep)iits Luh % b¥Jk aod tsi h￿a 10 14 17.643 341J 241194 60JJ49 9,734 L181.764 1,45U48 14 c￿dI10￿.. *moutyts falling T￿thIn one ytsr 195h69) {15OJ21) Ne¢ ¢wr¢ni 505.680 IJO4027 Totsl rtei ••￿ 2 426.OJ9 1569292 Vundi C¥eneral lkni8nAied 'I(>iAI UnreiLriCttd Re•tn¢i¢Yl TO￿l¢holity fund• 472.671 1.166.247 1.6J8,918 787,121 Z 426.039 522,715 12OJ.6 .726J83 812.909 12 1kne finanad biiicmttyu w¢r¢ *PPfo¥vJ by the P￿0¢h&￿ Chutclb IA>un¢il 17th MaKh 20 and wcd on iti bchAifby'. er RJWade Pl'.(. Irtsjutcr Christ ChuTch FU￿0C*j Filla￿al staiefflents for the ye8r end&1 31 0￿mber 2024 17 Statement of cash flows No 2024 CAih flo￿ from op¢TriingAciiviu Nrr PT(>vided by OPCfstsnM aUi%iti¢J 13 (15L891) IP12.721 Cuh fiow• Irom A¢iivitie* 1SAftk thtrtut rc¢uvul 14)mcnts io Rcqusrc inveithicnt• l>utchqsc of r￿ed Net cuh {￿￿d to)Ipw*ded by inbT#rin8 *ctÉ%ryil 4J75 (684J64) (7,IA14 1685,9Di) P226) 1.140 ChanKt irt ¢uh ind e*ih equivaJ¢n 18J7.792> 1,013170 Cuh and ¢Mh equiv8ttnN af the bc8innin8 of the yeAr IA2L498 do7￿28 CA•h Ind ¢**h tquivalcnts a¢ th¢ ¢Dd of the ytkr 14 583.706 1.421,498 Christ Church Fu￿0[￿3 Financial ststements for the ye8r endgj 31 DKembei 2024 18 Notes to the financial statements Don•t10￿ •nd L•Hacl•s Gencrnl FuThJ¥ D¢8iKnattd PLtrtd% Resirtc*d Funds To￿1 2024 Total Rc8ularpvth15 125(KJ 3,125 615 153,917 lJ8m7 907ffi6Z 573,116 I'￿ ttcnvcNblE Non Gift Ayj donatiot SubtQLal 150,792 137214 89).174 154J41 870.736 CA)MceiiOni CTS(i Aid drm*iÈo*• {Im￿a(￿nItIonS xhcmcl .1 u rc¢av¢nblc Non C>ifi Aid 2,136 O1￿￿rfdOna1x>nl bE9UUt• Ciifi Ajd donabonl '1￿ r¢¢uvetsb Iiifi Aid d￿￿*11￿• Subwui 26.742 26.742 6,686 9.178 41606 14Q404 JA616 802,Bts6 989,976 71X) 34.128 8,47B 8,47B 928.102 24,966 951068 1,858,N48 R¢8vlar IpYin8 rcp[¢K￿th gmounts [ttr1%￿ by JI￿dI￿R ordcr and thc cnsrknpc ￿￿eMe. ￿p￿leA1¥ smounii rccrivcd from Swid*y ¢oll¢cDoni l¢¥¢ludin8cnvclopu undcr thc cnvc]y i¢h¢•nel. (kntroff donAtinni reP￿￿nIS ￿ Dthtruifti Ytwved. £926.102 (2023.. £1.021.938) wu t¢CCi￿ ih¢ G¢n¢d Flurtd P4.966 (202J.. £836.91U) ¥tc¢iv¢d int¢J Il¢iiti¢i¢d Ilunth. of which £22,585 P02J.. £37.9)Jl w rtt¢Lved ￿1￿) thc Nuildin8 fijr tht Iluiur¢ Ilund. In¢om• Irom ah•rllabl• *¢t1￿*1 Generni Fund Re•iri¢i¢d Fund¥ Tothl 2024 P4ri8h min*•tsy {￿Cludin8 ftcil Childrcn, Youih and SnJd¢nii (Jiurch (Mtrc kttiD ()thcT 17,540 55,967 IB.469 34.795 43.575 JS.967 690 l.$45 1.545 1312 D5,7421202J.. £61.4481 I,"urtd incamc *)d £18,469 (2025.. £192341 RuLfiErcd F'unds ffttomt. Incom• from In￿**M•￿t* Ceneral Fynd Rc•twi¢wl Fundi TotAI 2024 'rot 23 lknk ini¢ro1 4.736 1.829 l.B29 565 6,565 4375 4,J75 ChTi81 Church FiTran¢ial statements for tha year ended 31 D￿ernber 2024 19 Notes to the financial statements Mjnlstry •xp•n••• Gentr•i Purtd Ik6ignAted Fund• TotRI 'ror91 23 FuNt• Note 14ri$h mimiSEry Sttdcnts, Youth. (JiQdrn Iluttd diD¢¢￿ iw15X)rt Vi¢ali diicrc(¢iMary Buppt)rt SupJM>rt of KeNcw South Yorkihi Supprt of oth¢* AnFjl¢￿ v[%an￿lIto￿• lo￿51 161JOI 140J7B £137,834 (2023.. £125.1144 CtrcthcMI Ilund cxpcftth'iuw glld £10ts51 (202J.. £nJ) wqs DcslfviA￿ I1￿￿$ t¥J*#tb'iutt. £12.820 9023.. £14SJ61 w cxpcnditur¢ rt(Jm Rc5LriCtcd 14utLdi. Ml••lon, dloc••** *nd tsth•r •upport- ¢ontlnu•d 'Iknt *Xiiuni Piwd E(> ihe lj(Ke5C of Sh¢rritld durin8 ihc yrar compriKd three fflain ¢lwttty)r$'. Iljni, thc ci)IE nf r¢rnuntvA￿)Th af liulwr¥Mi SEAff. thc Cler￿ ()th¢r ¥h*) ihc IryCqT curattt R¢v. P¢* Sc*nrnan Ind R¢v. Stcphcn R9¢. Sccond A Lotnmt>n I'urtd c￿n￿b￿li￿n fur Ilulw(x)d minutry ¢xpth¥c#: Ihc prirnw coiii uf rcmurt¢rAtio8 ihc vicK. Kev. Joftny l)y¢tTr * tDnEribuiiOll luw￿l tbe c<>Dt$ of tho Rci.. M3Ethcw l.%w¢i. • f.t>mrnott Ilund conrribuiion towArd¥ ¢¢rttr￿ colts. Mini•try EXp¢T￿tI Dioccmn mit1￿try Ilxp¢n 'lotal •upport iUPPDn Fulwt>tyd Si*ff l¢xelu¢Ju5B th¢ and cw2t¢l (Aimmon Ilund coniributions 97￿5] 54.024 97,851 70,fy)1 76.924 67,183 76.924 77,183 15,977 151,N75 167,852 144.107 154.107 AJ 7h()wn in the att￿y$L4 abDV¢, all thc to$t8 [clat￿￿ tu alc Irtdudrd in Mini5tiy I'.xpcn5cJ thidtf ihc rclrvanE ministxy lice rtDtr 4 #lxwcl. Only the cIThKEnt rcptcX￿tfft￿ th¢ PLf'$ totVAtdi ¢¢nty31 CO¥E¥ il includcd fft CJ>mmun Ilwid diotcJ4n 5VPP(hrt S *bDvel. Chrtsl Chutch Fu￿00d Financial stslements lor the year endthj 31 0￿mbe[ 2024 20 Notes to the financial statements S•rt ¢o•t• GeD¢rAI Funds Reotricted Fund Tts￿1 2024 Tttal Auth"t & Pyoteuiond fc 3,928 2ts50 10ts90 12528 •t•ff ro*ty PCC r•mun•rnt14)n •nd •xp•nM•, and th• ¢o•t ol IL•y fflan•g•m•nt p•r•onn•l Gen¢wwl R¢Atii¢*d FundB Fu*d¥ TOMI 2024 202J 325.151 27.940 49J63 402,454 34.788 3,650 4.870 433OB 359.939 31.slyj 282/￿*7 22,987 41.737 347J31 Socid ￿CUrity colts 445.762 Avcr4c numbcrof full.iine e4uiYskTh¢ ¢mpJoyc 12.5 10.3 No •mpJoyec cKl￿d LOOW) p¢r ￿nilM Dtfflo(¢ ￿ ihc ajrrcni OT prccedfftg #ceountW8 p¢￿. Pf.C. m¢mbcrn were not pwd and did rtoi T¢¢ti¥'¢ Ofiy Othv benefiii ¢n thur cllplltity ts IICC ln the yrnr (2023.. £nd) Mthet w¢r¢ Ihey rcifflburKd exp¢nx¢* In their capscity Ai pr.(: mcmbcr¥ durin8 th¢ yeAr12023.. £nd). 'lThc kcy mBnwneoi r¢N¢Jrtn¢l ofthe charity cofflprijc ihc Ir.I' mcmbtys. which th¢1￿C the de￿..1￿¢ eosi t>Cremwi¢¢¥tiDn ofi ul4wJ PEr N￿¢ 5 £151,875 P023." £144.IOT). Olher clcw ¢XPC¢￿L'¥, ￿¢1￿]in1 htsuiin8 C05tI. wcre £98.154 (2023.. 183,WA)I. 8t•ff ¢Mt•. PCC r•mun•r•tlon and •xp•n•••, •nd th• ¢o•t ol k•y m•na9•m•nt p•r•onMI . ctsntlnu•d lTr¢¢ followin8 cmploycci wetc cmploy¢d by ¢lL¢ I¥.'(' whtht bcing itx)uJcs o( bY)tinB PI"1" m¢mb¢tY thc yur. benefi Exp¢Dx• BmpJoy¢¢ Po•iiion Conne¢iioth P I lattis I'hJdr¢tt'i and l*amdiCS' W()Ikcr Ixad A￿r￿l￿r O)115 AdmLniiit2tur) Wif¢ of P¢.(- mL'mbcr Wif¢ of P(f. m¢mber 38.525 4.194 47 A WA(IL crnuDe¥autsn Ixn¢fiti uid1￿C iAlw. empknycr NIUVn￿ Insutyttc¢ coThtributiDni pcnJM)Th ¢o#rtibvtions. I,:%pthix¥ ttl&tc to tTrYcl, ph¢Jn¢ PNWiS￿l And boDk ￿￿wInC¢S. Twglbl• Ilx•d *•••ts R¢itd¢ntial Moior Ptoptrty Fixturei vehi¢lti •nd Fillin8• d& bwtdin88 FI￿Ul fittin81 EgUiPrnth¢ Lo At l 2024 Adth"tsun5 At 31 l)cwnb¢r 2024 1,073,577 262.679 I￿,818 17.436 1,554.570 7.W2 1.562.472 I￿?3,$77 27QSBI 1gOJ78 17.436 10.( At l J3ttwy 2024 CTh2fKC rt)r the year Di5pI)s*1s At JI l)ee¢tttLxr 2024 12J202 8.7Jl 16892 544 287J05 51A53 41578 181789 131.933 17.436 339.558 Ncr bouk Arno￿1 # Jl Dccembcr 2024 791 54945 1,223 IM)()k amtytsni ￿ 31 Dcccmlxr 2023 $44 Chr￿1 chU￿h FuTrwo¢)J Fln8nci81 ststsments for th8 year 8nded 31 DK6mb8r 2024 21 Notes to the financial statements Twlbl• lJx•d w•t• In¥Mtm•nts 2024 Mat*rt Valu¢ it l 2024 Invc¥knenr5 Nef iaVC5tfflcnt ￿1n1 ma￿£t Value at 31 tk¢emFxr2024 12.481 697,045 10 D•blor• Incomc tax rccovcThblt PrqjayM¢n￿ ¥rtd ￿rucd inc(¥me M068 3.175 17th43 18J117 12.463 30.K50 11 Cr•dllor• 2024 AccNth Jnd d¢(¢rr¢d incom¢ 95,669 150J2I 150J2I 12 Analy•l• ol Vund• and Th•1 •wt• by Pund Unre•tri¢t¢d Fund• rk11￿lIed Rt•irlciod Tol YJ24 149,737 418.60J (95ffi69) 1,073.577 92.670 697,IM5 ,076 L920JJ9 60V19 (95WJ 1267265 1,452.148 1150J211 I'utrcni Asieii (.utt¢rtt ￿b￿.lIeS 472.671 1.166247 787,521 426￿39 2,509292 D¢•w>aicd Ind Rriititicd I'wdi ￿ fwth¢r AnalyKd thLYr mwn wfflpon¢Th¢s in th¢ followin8 notr Christ Church FU￿0c￿l Financial slatements for Ihe year ended 31 Decemter2024 22 Notes to the financial statements 12• DMlgn•t•d Fund• I￿o￿8ht rorw*td FurtdE CWTicd Incon￿ Exp¢rtditutt TrnnsferB Gfowth fund R¢Ncw S()uih yorkshi￿ MHtch fund IAnd & BuiiJiO8X Cvlld Iljrc [)o()r fund 75Jg) SBJ(X) .073.577 16394 (26,774 110.6511 27fv49 )M73.577 16J94 t303￿?0 .771 'lts¢ P('.(' four l)cs4wii￿ funds •r th¢ el￿ of the ycAr. ￿ apart (tom rh¢ 1¢ bu￿dID￿ fund bein8cwLfnt u*t•. ik54wiwd Iw)d$ ayc ttt ￿lde at thc Pl"(-.s d￿re￿In. (irowth furtd Moncy xt Isidc f()r the piot%ryh ofthe thurch throuAh invcsirn¢*t Illfftistry I￿￿lY th I'-ulw<>¢)d, church pl*niin% ond p40n¢tship projccis. All unrcsirictcd onc.Dff￿fI8 v¥¢t£20.￿ ind lwacs reccivcd by thc PCC. arc di￿¢1¢￿ snr() th¢ (trtt)wih I'und. Money Kt asi(k fund up ii) Ihc (m¢ 01￿￿Pe1 ministry P￿￿¢[ co4￿ ￿Nd¢r￿k¢￿ by our R¢New Juih Yc>rksh¢r¢ parin¢r rlik&r(hc•. Uied io hold thc Cthurch C.cniwc (pritir 1¢] I5￿￿)R fot the I'uturc w()rkil And i h()ust118di'er Hir¢h Avcnllel ¢ur*cfidy Occupied by A membcr nf church 114ff.'lkn¢ ba]thCc ir*isfert¢d frr>m a m￿%1)[￿d Ilurtd in th¢ prcvitsux y¢ar. Moncy sci I#￿1¢ ro thc rep￿r uf (￿¢ doDrJ in thc ¢hw¢h ¢¢rtu¢. ¢NN.Snuih Yorkshirc Match fw l.nnd & l3uildin￿ fund Iljr¢ IX)tyf rund 75,399 29.777 JK,Joo 1.07J.577 16,J94 1,2Jl.441 75.J99 P9,777J J8,X I,OIJ,577 16.J94 I,HlS,670 I'kn¥ L)vDrl'4 9,777 Ghrisl Church Fuhvocrfj Flnancial statemonls forthe year end￿ 31 t)ec£mber 2024 23 Notes to the financial ststements 12b R￿*￿et•￿ Fund• Fundi bruu¥ht Income E¥pefyJiturr Gain• Trnmfern fonwAtd Ablyficknl I'und I'rAckcd fun Other fuAds 784.719 2.916 55274 143,6311 (8B57) 23.407 12.481 756J98 1933 27.790 8074 51 J51 110224Z) 84LS¥ 102 TM¢ktd ndts Amd other fund• Land & uilthnB• Abb¢yfi¢ld Fund Total 20Z4 697P45 59353 697,ts15 90.076 ('urrenE UJCES Lurtent b"*bditi¢i 30,721 841WJ 756398 30.72J 842,WJ AbbCyr￿kl I'und Ilunds hcld w Krycoldcr PLY)plc *ithin the lo￿ wmmuniry ipecifscally Mth * Yicw to ITrryBhcihinH comrnuniiy cuc (Jfcldtfty rKr#tyni. Tr•¢k¢d fun 'll>r fI)ll1)￿l￿g fnur RcstricLe4114und$ Ire uted tts imck #pecif￿ moniu cominK 07 •rtd BOMB 0111 of the thureh accounij th￿10￿ *t¢ fftrendcd to rcEUrn to #ftcr cAch yCAr cnd.. Mi)ns¢1 by ¢hw¢h ¢nembcrA to bE ￿cd to iupwrt ¢h¢ ¢hvr¢h'i CUTrcnt lpcclf￿d m111K>n pthn¢th ith tht UK ¥rtd (1vrT￿l. Mi?nies wven io be t¢) iuppDrt gptgfi¢ indiwdwlj in ministry irainit lni. 1'ulW￿MI Komjrtia Ilund Othcr ￿nd1 'Ihc rL'mJin¢nK RcbtTiCted liundi •rt'. Iluddin% for thc Vuturc li)nicJ rniicd towordi the fut Iht Iltsbjrc rcwdEruw projcct Icompk¢¢¢J irt 2022) rUn￿C buildinR 'INi#Vtt ill ¢ts¥i•. Mc?ni£s iu support wtsA¢ With i¢ud¢tt15 ai (Thrisi l.'hurch I'ulwi>()d. M(In¢¢iBivcn luW￿dI iPCCifiC at¢l# i)fJiudcni wo¢k, 'IthC￿ funds arr ¢¢lra¥cd ro thr (•encraL Ilund to lublA￿e Niblc'l'TaininMYofkuhi¢Q Ilmd Ilricnd5 ofi'-ulwix)d Studthiti V,'Ol.T Ilthid iudcnt Work I'und lulwow)d IIArdihip fund MatticJ Iyvcn io pro%rydc gntany-tcgtcd ¥Si112rtr li) m¢mbcri ¢)f ihe ChU￿h f￿Y ¢xp¢ti¢nL?n8 SI￿$fi￿nI financi￿ nced. sct up sn TCSP)lli¢ to thr l.()vid.1g pandcmic. (hher fwidi ￿V¢n wilh r¢sirirtcd C)thcr Chr￿1 Church Fulwood Flnancial ststements forthe year ended 31 Dtternber 2024 24 Notes to the financial statements 1Zb R••trlct•d Fund•- ¢Onllny•d 7ryTJJns 714.719 10,051 85,699 784.719 2.916 55,774 3,181 JO,585 110.316) (34.085) 6.925) JJ.766 6,925 1142,909 lkn¥Idt￿S OthrJwKdJ 2J IPiMydwJ¢ts 714.719 58.190 842.SY19 2K4,719 58,lJ¥J 42.SV9 12¢ Fund lrnn•l•rn l)urin8 ihc Y[￿ ihc m*iur ¢rJmf¢rA bctwtcn fundi wcic mAdc a pm i)f th¢ PC.C.'s fundin8 ofiti opcmioni,. Ge#ernl Deiianiied Rcltricted Ikthil TrnnAf¢Y• to ihe Genernl fund (wom Dt*i8llAt¢d lund• ( jrvwth Ilyn¢J (JCEILral fund thoN8h th¢ proYwit>n of * PA. 'I'o iuppurt thc pruiiiion of a ¢uNi¢ io Jun¢ 2U24. (ifuwth Ilund rJenCr￿ fund 1&772 IlQ77¥ Tro￿[¢￿ to thc GenErnI fund fwom R¢•ui¢i¢d f¥nd• 'If•in￿ Sypw)r¢ fund General fund &599 I8￿￿1 Supp(>rt f¥f thc trnineci utb thc Mlnixtry'lta￿c¢.$chcrnc Vriends of Ily]wooa G¢ncraJ fund {4027) '1'o th¢ wotk orth¢ liemth Studtnii, WorkLY. IW281 '1'rnn5fLT fyn411 in ¢x¢cii of mplob()n ¢ns11 10 th¢ &LnctaJ re*rvci." IluJdiD% for ih¢ Ilut CJcncraJ fund Bibic'lt*intii8Yurknhitc GcncThl furtd (6.4881 'lo contTrbutc the reci ofEhc Ilvlwmplctcd ¢n 2022 wc h#d hcld provisi()n¥ fi?r ihL, fuJaJ iums. thC￿ were tcd4Kcd in th¢ finairDnir0¢1 LWt5atiDrt ￿ tDA¢thcr wilh furthor. llrttXPLCttd. ￿]COm&. and 8Trnis PTusYJcd fund5 to be rclwEd b4ck tts thc C¥cneraJ I'und. Chrtsl Church Fu￿0￿1 Fln8n¢ial sl818ments forthe year end8J 31 D9￿rnber 2024 25 Notes to the financial statements 13 R•c4N*lll*tlo# ol n•t •xp•rNlllurn to n•t cath flow from op•rntlno •cUvltl•• Totst Totsl Net im¢om¢ll¢xp¢tydinutl for the yeir {AB per th¢ StyT¢metyi of Fin*n¢i4lActi7*iiieBI Adjuqtmtni• for. l)eptcoAtion Bank intetext rtctiv¢d ort snvc#¢mtTrrs (143354 866.912 51W3 (6J651 111481) 13207 (54,652) 54.176 14J751 D¢crcaJc in dcbtord (tkcfCfjSC} In Cftdilu Net cuh proYid¢d by/lu¥ed inl oper#iini affli*iiic• IW.934 14.9261 I￿11721 14 An•ly•l• of ¢••h ••xl u•h •4ulv*l•n TotAI Tot*l ('uh It blnk 1rt41 th h￿d Short i¢rni dooiiii Tothl ¢uh And ¢*•h equiV￿cnI• 24aJ94 J41J12 584706 1.181,764 239.734 1,421,49B 18 L•a•lni ¢ommltm•nts 7 Whiifi¢W Road is rcnicd fn>m th¢ J5tot)kht>we Ilill I'rwl For an indcfLnitc furutc ￿ wsth A 3 muttrls noticc t￿11￿. £21.091 w ￿Pect¢￿ ¢0 ￿ PAXI dvtiTr8 2025. 50 llmr>klwd$ lince#i ￿ rcnrcd frum the Br¢)okknuw 11￿.1.¢￿1 for th indrfiNic fuEurc per#xl wilh 1 3 month rtoiec ptrxml. £19J44 li eXP￿ted ¢0 l RuKoc Vicw Li rcnia from th¢ lJrookhtsw¢ Illl'l'rwt fof tn¢kfmil¢ fuiuw pcNd, with i J month nutiEC PCTht¥l. £19,718 il rxptti¢d io be p￿￿ dufÈn8 10 C•plt•l C•mmltm•nt• Ai Jl Decfmb¢r2024 th¢ eipial commitmoni$ (2023 £nffj. 17 Qulnqy•nnl•l In•pKtlon of pMp•rty 'lkne ffloii tttrni ￿￿￿9￿enD￿ fLVDrt cqrricd duri￿ 2024 Iny outstAttdinR r4iicd in tht tfpon io 18 P•n•lon c•mmllm•nt• £￿tribull￿ni E() Pttytjrtil ￿li￿n pl￿• Ch*￿ io thc Ststcment of A¢tivili¢i ￿ ihey becomc p2rAbl¢ lintsibutioni piMI by the CA>llncl a￿ting (hc year wcrc £54233 PO23.' £41,737).'lThcre wu nc) pcngii)n liabJity #i thr ycar cn Christ Church Fuhwood Financial slalements for th8 year end￿ 31 D￿ernter ￿21 26 Notes to the financial statements 19 Ov•rt* p•ld CyrJni¥ p8id PLitllAti]y COn#tiLutt paymtnts for msssioa Suppo￿ Tr4d¢ by thc mI￿lon r￿mmI1ttt. lThe5e Are mainly pwd EQ i1￿1vIdU￿ ot thtyr ¥uptx)rtin8 DcE￿ belt>w the org/ni6AEions to wbich grwts or With whom the Indlwdu￿ work.. Wodd Mimion P•rmtrn A¥¥o¢iAte• Peopk lfttrrnation41 AcornlC.foisbnki OM hftrcy Shi 37.330 13.02J 14.060 648 UK Mimion P•rtner4 4nd A••o¢l*t¢• lkne 0￿cl 32.808 I'ncnth IntcrnitiouAI (Jal¢¢d I1<>￿e 2..Ig'lwh w Rwh 6.179 5tK) 6250 47,737 Miuion PArtrtrn ith Trninsn8 Short Temi Scryiet VArin 1.754 1,754 Mi*•ion p•nner lypport •Ad erbcourn8crncni Other W7 Tisthl p¢rnoTe 5- Ml••ion Committ¢¢ •llocaiio 116 401 H•td$hip 8r•ntA 20 Incom• Irom gr•nt• 'lknc foll(>wn% iDcornc frvm ty'¢()WliXtd in the ycHr. IAblL'd I'lari. uf w￿r￿hIP (J¢Hni %ehiillL tviAlbJ £4291 (202J.. Llll251 in thr yw. Wllrm 5pllcci %chcmr 1ts1gUcd £IIKM) P023.' Ln￿) in ihe ycar. ' (he o¢h¢r8ratLt ffl*kin8 body fflqdc 9 8￿t to rhc l1uild￿8 for the Iluttir¢ fu￿ of £12,5LXI12023: orte ix)dy roiAlh'o8 £12.5(Xl. 21 R•l•t•d p•rty trnTrMetlon• V(-L mcffl&'rn and kcy manymcni pcnvnn¢l1ond fAmth$l dtSnAtiYl £133.052 P023 £1472411 bcfoT¢ (Trifi C(j￿al￿￿nl. whith atc iAcludLxl Iht untcittictcd tutd nf Noie l. (Whcrc ll P('.f. mcmbvr h#¥ only xcr¥'cd f()r part (jf the year. doffliuon¥ 4TC in¢ludd ihr whT)IE tslthe fIn*ici￿ ycir.) pc.r mcmbcr6 (And fomilicil rccthvtd of L42501Z)2J.. £4.4)61 for cxpcrtth'ture ￿C￿rIed ofj ￿h￿rO(l￿¢ chufch. j￿11¢h J¢)thtl, A fflombLY ofthe PCQ tcccivd tent for i propcffy y¥tyl by th¢ Culatc. Rents paid tOLglled £IO,8th) P023: 'lTrc Il[(￿kha￿1V Flth-linit £57.84D P023 £53,IIK4 fnr ihc rcrti4 of50 Brtx)klands fttKcnt. 7 WhiifKld Road Ind l RoJw¢ Vi¢w. I ltsughion Wos a iru$ir¢ af tht IIttK>khuUlC 1lill.lr￿l durinB thc y￿r..1￿*1 iTV5t ￿ nni ¢unit()Iltd by Ilulw¢¥od ]r.c.'lknc ￿nDun15 p￿d by the pc.r. tts bc rithcr maikri pritr or ar * diXCOunt to market pricc.'lThc kcy bL*efir of this tcntsl orronAoixnt 10 ihc PCC. ii the lon*tcnn A￿%11￿J11Y ofr¢otd pr<>p¢ny iwtabie for churh'i mmJxtCrn' ACC()mm(xlati()n. Durin8 lh¢ y¢4t. Ihe Pf.f. held ush in a dcposii xcouni wilh Ilank IAd. Th¢ accowit held fundi of £84.884 41 311)¢¢cmbtt 2024 (2023'.£82.767).'IIc .'(' Ilw Kin8dom IJArtk u InJufAncc btuk¢rJ piyitk8 £1,8701%)25 £IA701 &(¢ctiy ¢hcm in r¢Jpcd (Jf ￿li￿*¢I. l>#ui Iloyhtort. a Ifl.. member. ditr¢iort>(th¢ baAk. pa￿ ￿thdr￿S from qny 11￿. ￿￿1]rtAI0 the pknTh8 offund5 Kinwjom 114rt