PAROCHIAL CHURCH COUNCIL OF HOLY TRINITY CHURCH, WALLINGTON IA Church of England Parish Church) R8gister8d Charity Numb8r'. 1134076 ANNUAL REPORT AND FINANCIAL STATEMEirrs FOR THE YEAR ENDED 31•t DECEMBER 2024 PAROCHIAL CHURCH ANNUAL MEEfiNO MONDAY 28 APRIL 2025 7.30 p.m. HOLY TRINITY CHURCH 11 ,IlllllllF.',:
2024 PAROCHIAL CHURCH COUNCIL OF HOLY TRINrrY CHURCH, WALLINGTON (A Church of England Parish Church) Registered Office: Maldon Road, Wallington, Surrey, SM6 8BL Telephone.. 020 8647 7605 Email.. info htchLÈrch.uk htt :Ilhtchurch.ukl Registered Charity No. 1134076 Incumbent Reverend James Hills Associate Wicar Reverend Tom Brovm Curat• Reverend Harry Frost Members of the Parochlal Church Councll {Trust•os) Chalr {Ex Officlo) Reverend James Hills Assoc Vlcar (Ex Offl¢lo R8V8rend Tom Brown (from November 2024) Curate (Ex Offlclo) Reverend Harry Frost Warden (Ex Offl¢lo) Mrs Jacki8 Passmore Warden (Ex Officlo) Mr Steve Smith Mrs Val Blean Mrs Suzie Brown {from April 20241 Miss Christine Cole. Dr Val Collington Miss Hannah French Mrs Grace Gray (from April 2024> Mr Nathan Jones. Mr James Miller" Mr Tokunbo Ogunnaike Mr Anthony Reeves Mrs Edna Sawyerr (until April 2024) Mr Jeff Scanllebury. Mr Neville Shaw Mr lan Smith. Deanery s0d Representative Independent Examlner Sam Thomas BA FCA Azets, Chartered Accountants Trinity Court, 34 West Street. Sutton, Surr8y. SM1 1SH Bankers and deposit holders CAF Bank Ltd West Malting ME19 4JQ Sanlander PLC BBAM Bridl8 Road, Bootle, Merseyside. L30 4GB CCLA Investment Management Ltd The CBF Church of England Funds Senator House, 85 Queen Victoria Street, London. EC4V 4ET Page 1
PAROCHIAL CHURCH COUNCIL OF HOLY TRINITY CHURCH. WALLINGTON (A Church of England Parish Church) ANNUAL REPORT ANO FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st DECEMBER 2024 CONTENTS PAGE Page Trustees. Annual Report for year ended 31 st December 2024 10 Indep8ndent Examlnerfs Report ststement of Financial Activllies 12 Balance Sheet 13 Statement of Cash Flows 14-23 Notes to the Flnanclal Statements Page 2
PAROCHIAL CHURCH COUNCIL OF HOLY TRINITY CHURCH, WALLINGTON (A Church of England Parish Church) TRUSTEES, ANNUAL REPORT FOR THE YEAR ENDED 31st DECEM8ER 2024 Chairfs Report As we look back on 2024, there is much in the news. in the wider Church of England and in life in Wallington that has been challenging. Time for many seems at such a premium with the financial pressures of life in Greater London, an increasingly secularised culture and pressures for compromise within the wider church. We give thanks to God for his continuing work to make Holy Trinity Wallinglon into "a growing famlly where God transft>rms lives thmugh Jesus" as we've continued lo grow in number, care and likeness of Jesus as lives have Continued to be transformed. 1. Engaged and Explained - through the enabling work of the church, each and every day over 300 adults and children are out in their communities and workplaces loving and living like J8sus. Alongside Ihal, our Christian's Against Povety Debt Centre celebrated its 3rd anniversary, seeing more people going debt free. Our Trinity Tots and Trinity Tunes & Tales have continued to serve toddlers and carers. Our work al Dangerous Club and Roots Youth Club serves youngsters in the church and local community. Our schools work means we do assemblies in 4 schools and host trips and services at the church. Our Lunch Club and Friendship Afternoon for Seniors has continued to provide important places for friendship, hospitality and chances to discuss Jesus. We've seen an encouraging number of people thinking about the Christian faith as they've come along lo our Hope Explored and Chrislianily Explored courses, alongside a new 'Hymns We love" Course. Our Centre is open most days. with the volunteer run café for 2 days per week to welcome in members of our local Community. 2. Establlshod and Equlpped - our Sunday services have continued to grow ragularly seeing over 220, including over 50 children and youth, whilst our Sunday evening and Wednesday morning services provide places for additional community and worship. During this year we've wrestled with Mark's gospel, Abraham's story in Genesis, Galatians, Psalms and 1 Thessalonians. Our Life Groups have seen a steady trickle of people joining, and continue to be a source of encouragement, growth and care. Our children's and youth work contlnues to grow, and it's been 8xciling to see young lives changed. 3. Enjoylng - we're blessed to enjoy a relationship with Jesus and with one another, and we long to be a church not just of activity but of relational depth. We've seen people in the hardest of times know great support, care and encouragement, as w811 as seeing people grasp and delight in the loul relationship Jesus longs to have with people. We're thankful to our musicians, as they lead us week by week in singing God's praise. We're thankful to our Life Group leaders and Pastoral Support Team who help our family life to thrivel 4. Exported - we've been encouraged by the work of our mission partners who serve the Lord locally, nationally and globally. particularly as we started supporting Debs, who works in France, as a new mission partner. It's exciting to see our church actively supporting and praying for gospel work across the world. 5. Enabled - al the beginning of the year, we asked the church lo help raise funds for a new Associate Vicar to help continue to grow the work of the church. Wonderfully the Lord provided, and we welcomed Tom as our new Associate Vicar in November. Bul that generosity is only part of the vast lime, gifts, skills and prayers people give or pray. We're so thankful to all those church members, leaders, staff and PCC members whose sacrifice enables our church to be this growing family of transformationl So, as we look back on this year, S echo the words of Lamentations 3.'22-23, "because of the Lord's great love we are not consumed, for his compassions never fail. They are new every morning; great is your faithfulness. Rev James Hills Vicar of Holy Trinity Wallington & Chair of the PCC Page 3
PAROCHIAL CHURCH COUNCIL OF HOLY TRINITY CHURCH, WALLINGTON {A Church of England Parish Church) TRUSTEES. ANNUAL REPORT FOR THE YEAR ENDED 31st DECEMBER 2024 The Parochial Church Council of Holy Trinity Church. Wallington (referred to hereafter as "PCC" or.the Church") has pleasure in presenting the Annual Report and accounts for the year ended 31 December 2024. Background 1. The Parochial Church Council {"PCC") has the responsibility of Cowoperaling with the Incumbent in promoting in the Parish the whole mission of the Church - pastoral, evangelistic, social and 8cumenical in the Parish of Holy Trinity, Wallinglon. This covers a full range of Christian ministry, worship and service and includes formal responsibility for the church buildings. 2. The PCC is registered as a charity and PCC members are Trustees. REFERENCE AND ADMINISTRATIVE DETAIL Details of the charity registration number, Ihe full address of the Registered Office of the Church, the nam8s of the current members of the PCC. the Incumbent, Wardens and olher relevant organisations are given on page 1. PUBLIC BENEFIT No private benefit is derived from the Church's activities by any Members of the PCC, who do not receive any remuneration. The PCC has considered the Public Benefit guidance issued by the Charity Commission and believes very strongly that the Church demonstrates a real public benefit through its faith, its ethos, ils current activities and its development plans. STRUCTURE, GOVERNANCE AND MANAGEMENT Structure, governance and management The PCC is a corporale body eslablished by the Church of England. Ils governing documenls are the Parochial Church Council (Powers) Measure 1956 as amended and th8 Church Representation Rules (contained in Schedule 3 to the Synodical Government Measure 19691 as amended. Manag8ment of Rlsk Following the implementation of Accounting and Reporting of Charities SORP IFRS1021 the PCC is required to formally review and to record those risks and the action taken to mitigat8 those risks. A revised Risk Management Policy was approved by the PCC in 2023 and a comprehensive risk assessment completed. The impact of risks are regularly assessed and any concerns are reported back lo PCC. Recrultment and appointment of new members of the Parlsh Church Councll PCC members are recruited in a number of ways. The Clergy and Churchwardens are members by virtue of their offices. Members of the PCC and Deanery Synod repr8S8ntatlV8s are elected by the Annual Parochial Church Meeting I'APCM") and hold office for three years or are COwOPted. All PCC members are Trustees of the Charity and new Truslees are provided wilh a Copy of the goveming documents. copies of recent minutes and other documents which may be helpful. as well as a preliminary briefing by the Chairman. At the first meeting attended by a new Trustee, an updated briefing is provided and there is an opportunity to ask questions about the Church's activities. Charity Commission newsletters are available to all Truste8s. The Chairman provides briefings from time to time on the responsibilities of Trustees. Page 4
PAROCHIAL CHURCH COUNCIL OF HOLY TRINITY CHURCH, WALLINGTON (A Church of England Parish Church) TRUSTEES. ANNUAL REPORT FOR THE YEAR ENDED 31st DECEMBER 2024 Organlsatlonal structure, decision4naking and delegation to stsff The PCC carries out its responsibilities of church governance by delegating some responsibilities to employed staff and subsidiary committees. Th8 PCC Management Team functions between meetings of the PCC to help progress consideration of church decisions. This group includes the Wardens and Treasurer and, if necessary. has the power to transact PCC business beeen meetings. The Finance Committee works with the Treasurer to establish annual budgets, encourage the voluntary giving of church members, revi8w church finances, arrange for payment of stsff, and present accounts for independent examination. The People and Plant Management Team is designed to manage the day to day operations of th8 8ntir8 premises and the volunt88rs needed to run it. It allows operational issues to be discussed on a monthly basis and reports all requests for approval to the Management Team or PCC for decisions to be made. Th8 Export Team acts as the link between the ¢hur¢h and its Mission Partners, encouraging prayer and communication. The team also agrees the amounts to be paid as gifts and grants to support local, national and international activities, including our Mission Partners and societies. Staffing The PCC has authorised a staff complement of six as at 31 December 2024. The Church Operations Minister and Church Adminislrator are responsible for running the church office, administrative assistance lo the Vicar, and daily operations in the Church and Cenlre. Ministry staff are employed to assist the Vicar in the church's mission to the Parish. In November. Rev'd Tom Brown was appoinled as Associate Vicar to 8nhance and grow our local ministry. In addition, we had the benefit of a full lime volunt88r Ministry Trainee. The PCC is grateful for the enormous variety of serving contrlbutions from church members and church staff that combine here to effectively advance the mission of the church over this past year. Safeguardlng The PCC has complied with th8 duty und8r section 5 of the Safeguarding and Clergy Disciplin8 Measure 2016 (duly to have due regard to the House of Bishops. guidance on safeguarding children and vulnerable adults). Page 5
PAROCHIAL CHURCH COUNCIL OF HOLY TRINITY CHURCH, WALLINGTON (A Church of England Parish Church) TRUSTEES, ANNUAL REPORT FOR THE YEAR ENDED 31st DECEMBER 2024 OBJECTIVES AND ACTIVITIES The mission statement of Holy Trinity Church is "To be a growing family wher8 God transforms lives through Jesus." The Objectives of the PCC are defined by the Parochial Church Council (Powers) Measure 1956 as "to ctroperate with the minister in promoting in the parish the whole mission of the Church.. pastoral. evangelistic, social and ecumenical.. The primary object of the PCC is therefore the promotion of the Gospel of our Lord Jesus Christ according to the doctrines and practices of the Church of England. Holy Trinity Church was opened in 1867 to serve the then quite small community of Wallington. The primary objeclive of the church is to be a place of Christian worship in accordance with th8 ¢onseNative Evangelical tradition of the Church of England and this is achieved through a variety of regular services on Sundays and waekdays. In addition, Holy Trinity acts as a focal point for the local community by providing a meeting place for community groups to enjoy their own activities. The different groups of church activities Can be summarised as follows- The Church General Fund for the provision of the main Christian worship activities and outreach to our local community. We provide a full programme of events for all ages for both Church members and for the wider community including a youth club, Lunch Club, and parents & toddler groups. 11 also includes the hiring out of th8 Church Hall and linked rooms that are collectively used as a community meeting venue. The Church Designated funds represent income and expenditure where the purposes are complem8nlary to but separate from the main activities of the church itself.
The Reslricled Fund represents the Building Fund and the Compassion Fund. The fonner was set up to facilitate the financial arrangements to rebuild the old Church Hall into the Trinity Centre and the 2015 re-ord8ring of the church building and surrounding grounds. The Compassion Fund was launched in 2023 to allow us to provide grants in support of those members of our church family that are most impacted by increasing living costs. The Church aims to continue lo maintain ils premises in safe and sound condition for ils users, including outside parties, through ongoing planned and regular maintenance. The church has been th8 subject of a 20 year project to upgrade and improve the facilities for the church and local community, which concluded in 2015. In 2021 a further programme of building 8nhancements was cornpleled to improv8 the current layout and make the Link area more welcoming. For many years and as agreed at our Annual meeling, the Church has operated a giving policy Ilhe Church giving a percentage of its voluntary income) to other Christian or Charitable organisations. in line with biblical principles. This giving policy continues and we have made donations from our income lo local, national and global mission partners, societies and charities. The details of payments that have been made are shown on page 23. The Church greatly values the continuing support of its large number of volunteers. They provide many land often unseen} services to the Church in many different roles. At least 400/0 of Church members volunteer in various roles through the year. ACHIEVEMENTS AND PERFORMANCE In order to achieve our objectives, the Church provides a number of services of public worship of various types to enab18 as many people as possible to worship. All are welcome to attend services. As at 31st December 2024 there were 208 parishioner5 on the Church Roll, of which 181 were nol residents of the Parish. The average Sunday morning worship community, including those that attend regularly in person or online. was 220 (including 45 children). The PCC met eight times during the year with an average attendance of 15, reviewing the activities of the committees to which it has delegated authority for the daY-ldaY running of the Church's activities. Page 6
PAROCHIAL CHURCH COUNCIL OF HOLY TRINITY CHURCH, WALLINGTON {A Church of England Parish Church) TRUSTEES. ANNUAL REPORT FOR THE YEAR ENDED 31st DECEMBER 2024 FINANCIAL REVIEW Reserves policy The Pcc-approved policy on reserves is to r8tain res8rves of at least six months. expenditure as per the latest annual budget lo meet future shortfalls in income or unexpected expenses. Reserves will include both the General and Designated Funds. As at 31 December 2024 the General Fund Reserves are £174,387 and the Designated Fund Reserves are £571,245, comfortably above the target of approximately £278,400. The PCC will review on an ongoing basis the need for free reseNes which are those unrestricted funds not invested in fixed assets or olhemise designated. The restricted funds are governed by the initial donors, instructions and are distributed accordingly. Principal funding sources and how expenditure has supported the key objectives Overall, Holy Trinity finished the year with a deficit of {£71,096) made up of General Fund £74.957, Designated Funds of1£118.2421. and Restricted Funds of (£27,811). This compares to a net surplLSS of £9,804 in the previous year. The General Fund surplus was largely achi&v8d through increases in giving, {regular and one-off donations), improved letting income. combined with costs that were only 100/0 higher than last year. For the Designated Fund, Ihe PCC approved the use of reserves lo fund the costs of the wall repairs, our Music Minister and rental of a house for the Curate- this was partially offset by a Grant, a Legacy and interest earned on our deposits. General Fund - Church Most operating income is d8rived from regular giving by Church members and Gift Aid is claimed on much of this. Other donations and cash collections make up the balance of voluntary income. Voluntary Income was significantly higher than 2023, with church members continuing to give sacrificially followng a fundraising appeal to cover the £60,000 annual cost to appoint a full time Associate Vicar. We achieved more than the target and Total Voluntary Income increased by about 260/• on the previous year. Letting income has also increased significantly and the church is OP8n ev8ry day for our community to use. Expenses were about 100/0 higher than 2023, with Tom, our new Associate Vicar, joining us in November. Our Lunch Club provides nourishing meals and fellowship for older members of the Church and the local community. Other activities include a fully booked weekly Trinity Tots Group {parenls and loddlersl and a Friendship Aftemoon for all ages. Our Comerstone Café is open days a week serving excellent coff88 and tea and we offer a warm space for those who need to save heating costs al home. Community groups and commercial hirers use us regularly and we clear the church space for monthly blood donation sessions run by the NHS - some days are very busy. In order to comply with pension regulation for eligible salaried employees, Holy Trinity, Wallington participates in the Church of England Defined Contributions Scheme {DCS) within the Church Workers Pension Fund. We had four active members at 31 st December 2024. Deslgnated Funds We received three Grants totalling just over £4,100 from the Diocese of Southwark to support our Children and Youth ministry work. The year was dominated by urgent repair work needed on the boundary wall along Manor Road, which had developed an unsafe angle of lean towards the pavement. The wall is Grade11 listed like the church, and the worst affected 30m was demolished and rebuilt and the remaining length pinned with ground anchors. The work took about eight weeks to Gomplete at a total cost of over £106,000 plus a further £10,000 of professional fees. We are very grateful to The Benefact Trust for their Grant of £3,900 towards this and the balance was covered by drawing down from our Reserves held on deposit. We also received a Legacy, and together with the interest earned on our deposit funds, this partially funded the cost of the Music Minister and the Curate's rent. The remaining deficit was covered by drawing from Designated Fund reserv8s, as previously approved by the PCC. Page 7
PAROCHIAL CHURCH COUNCIL OF HOLY TRINITY CHURCH, WALLINGTON IA Church of England Parish Church} TRUSTEES. ANNUAL REPORT FOR THE YEAR ENDED 31st DECEMBER 2024 FINANCIAL REVIEW cont". Restrlcted Funds The Restricted Fund comprises the Building Fund and the Compassion Fund. The 'Building The Church, project was completed in 2016 and fully funded by January 2018. The PCC now has responsibility for addressing any residual costs for minor building related issues. The Compassion Fund was launched in 2023 and raised over £16,000 in donations from church members. The fund is designed to make grani payments in support of church family members who are struggling financially subject to guidelin8S Set by th8 PCC. To maintain confidentiality. a small panel reviews the applications and agrees the amounts lo be paid. Only a few number of applications hav8 been received and none have yet progressed far enough for grants to be paid. The fund continues lo be open and will be reviewed by the PCC during 2025. Investment pollcy and performance The Church does not have a formal investment policy. It endeavours to obtain the best possible secure return on ils investments and cash balances. Fund balances are invested with the CBF Church of England Deposit Fund. Looklng ahead to 2025 and beyond We have seen another year of growth and increased activity during 2024 and expect this to continue in the year ahead - serving our church family and our local community. We have committed to provide two Sunday morning services at 9..15 and 11am in order to provide enough capacity for th8 congr8galion to meet comfortably and church attendance continues to grow steadily. Our church is open every weekday lo provide a "Warm Space" a rendezvous for friends. or place for quiet medilalion. Room booking activity by our hirers has reached ils highest lev81 for many year5 using our facilities for meetings and events. We are delighted to be able to welcome new people into our buildings. The budget for 2025 forecasts incom8 of £400,000 and expenditure of £454,500, (General Fund £426.500 and Designated Fund £28.0001, producing a deficit of £54,500. General Fund Expenses will be higher than 2024 with increased utility bills, an extra full time member of staff and olher inflationary increases. We pray that much of the shortfall will be covered through an increase in giving, with an appeal planned for mid-year. The Designated Fund expenses are expected to be partially covered by bank interest, with any shortfall covered by drawing on Reserves, as previously approved by the PCC. In addition, following the Quinquennial Inspection last year, we are plannlng for some roof repairs to be und8rtaken in 2025, th8 Cost of which is currenlly unknown. As this is an exc8Ptional item, the PCC is planning lo meet this cost entirely from our cash reserves held on deposit. Our reserves are sufficiently robust to cover any shortfall in income, but the aim is to refrain from drawing on reserves lo cover day to day costs. The PCC has approved in principle the use of the Designated Funds to undertake large capital exp8nditur8. Message from the Honorary Treasurer Church life is generally very busy and our Church family is growing. During 2024 we rationalised our banking relationships and have been able to further streamline our processes {we no longer issue cheques) and strengthen our financial controls. We recognise that we are blessed to have sufficient reserves to cover unexpected issues and we are also using these reserves selectively to promote new opportunities for growth in the future. Thank you to all who have contributed to these financial results, by your giving and your prayers. Please continue to pray about our personal giving and for all involved in the financial ministry at Holy Trinity. Our finances are used to fund the vision "to be a growing family where God transforms lives through Jesus" We are continually reminded of God's provision and His faithfulness to us year on year. Page 8
PAROCHIAL CHURCH COUNCIL OF HOLY TRINITY CHURCH, WALLINGTON (A Church of England Parish Church) TRUSTEES. ANNUAL REPORT FOR THE YEAR ENDED 31st DECEMBER 2024 STATEMENT OF RESPONSIBILITIES OF MEMBERS OF THE PCC The Members of the PCC are responsible for preparing the Annual Report of the Members of the PCC and the financial statements in accordance with applicable law and United Kingdom Generally Accepted Accounting Practice. The law applicable to charities in England and Wales requires the Members of the PCC to prepare financial statem8nts for each financial year which give a true and fair view of the state of affairs of the Charity and of the incoming resources and application of r8sourc8s of the Charity for that period. In preparing thasa financial statements, the Members of the PCC are required to- select suitable a¢¢ounling policies and then apply them consistently obseNe the methods and principles in the Charities SORP make judgments and estimates that are reasonable and prudent state whether applicable accounting slandards have been followed, subject to any material departures disclosed and explained in the financial statements prepare the financial ststements on the going concern basis unless it is inappropriate to presume that the Church will continue in its charitable work. The Members of the PCC are responsible for keeping proper accounling records which disclose with reasonable accuracy at any time the financial position of the Charity and to enable them to ensure that the financial stat8ments Comply with the Charities Acl 2011 the Charity (Accounts and Reports) Regulations and the provisions of the governing document. They are also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. So far as the Members of the PCC are aware:. there is no relevant information of which the Charity's examiner is unaware., the Members of the PCC have taken all steps that they ought lo have taken to make themselves aware of any relevant audit information and lo establish thal the examiner is aware of that information. INDEPENDENT EXAMINERS Due to the total gross incom8 being less than £1,000,000, the Church is requir8d to und8rgo only an Independent Examination, rather than a full Audit. At the Annual General Meeting in April 2024, members agreed to appoint Sam Thomas of Azets to be the Church's Independ8nl Examiner for the year ended 31st December 2024. This report has been prepared in accordance with the Statement of Recommended PractlGe applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). 1 Oth March 2025 .Revd. James Hills Incumbent ..John W Martin Hon. Treasurer Page 9
PAROCHIAL CHURCH COUNCIL OF HOLY TRINITY CHURCH, WALLINGTON IA Church of England Parish Church) INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF HOLY TRINITY CHURCH, WALLINGTON I r8POrt to the trustees on my examination of the accounts of th8 Church for the year ended 31 December 2024, which ar8 Set out on pages 11 to 23. Responslbllltles and basls of report As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordanc8 with the requirements of the Charities Act 20111'the Act,). I report in respect of my examination of the Trustees, accounts carried out under section 145 of the 2011 Act and in carying out my examination I have followed all the applicable Directions given by th8 Charity Commission under section 145{5){b} of the 2011 Act. Indopendent examlner's statement I have completed my examination. I confirm that l am qualified lo undertake the examination because I am a member of ICAEW, which is one of the listed bodies. I confirm that no material matters have come to my attention in conneclion with the examination giving me cause to believe that in any material respect: (1) accounting records were not kept in respect of the Trust as required by section 130 of the Act; or (21 the accounts do not accord with those records., or (31 the accounts do not comply with the applicable requirements concerning the form and content of accounts S81 out in the Charities (Accounts and R8POrtsl Regulations 2008 other than any r8quirement that the accounls give a 'true and fair view, which is not a matter considered as part of an independent examination. I have no concems and have come across no other matters in connection with the examination to which attention should be drawn in this report in order lo enable a proper understanding of the accounts to be reached. Sam Thomas BA FCA Independent Examlner Azets Audit Services Trinity Court 34 West Street Sutton, Surrey SM1 1SH Dated: Page 10
PAROCHIAL CHURCH COUNCIL OF HOLY TRINITY CHURCH, WALLINGTON (A Church of England Parish Church) STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31st DECEMBER 2024 Unrestricted Funds Note General Designated Restricted Funds Total Funds 2024 2023 Income: Donations and Legacies Other Trading Activities Income from Investments Other Income 332,306 101,024 761 16,857 16 349,179 101,024 35,516 298,521 94,666 31,718 34,718 37 Total Income 434,091 51,575 53 485,719 424,905 Expendlture: Expenditure on Charitable Activities 359,134 169,817 27,864 556,815 415,101 Total Expendlture 359,134 169,817 27,864 556,815 415,101 Not Incomel IExpendlture) Transfers beeen funds 74,957 {118,242) 127,811) (71,096) 9,804 Net movemenl In funds 74,957 1118,2421 (27,811) (71,096) 9,804 Reconclllation of funds Total funds brought forward 11112024 99,430 689,487 848.831 1.837,748 1,627.944 Total funds carrled forward 3111212024 174,387 571,245 821,020 1,566.652 1,637.748 Page11
PAROCHIAL CHURCH COUNCIL OF HOLY TRINITY CHURCH, WALLINGTON (A Church of England Parish Church) BALANCE SHEET FOR THE YEAR ENDED 31st DECEMBER 2024 Notes 2024 2023 Current Assets Tangible fixed assets 817,878 847,332 Current Assels Debtors Cash al bank and in hand deposit accounts current accounts elc. 18,641 16,279 616,813 120,510 713,333 78,642 755,964 808,254 Credftors: amounts falling due wfthln one year 7,190 17,838 Net current assets 748,774 790,416 Total assets less current Ilabllltles 1,566,652 1,637.748 Credltors: amounts falllng dua after more than one year Not assets 1,566,652 1,637,748 Funds: Unrestricted general designated Restricted 164,387 571,245 821,020 89,430 689.487 848,831 10 1,556,652 1.627,748 Property valuation reserve- General 10,000 10,000 1,566,652 1,637.748 Approved by the Parochial Church Council on 10th March 2025 and signed on its behalf by.. Revd James Hills Chair John W Martin Hon. Treasurer The notes on pages 14 to 23 fom part of these accounts Page 12
PAROCHIAL CHURCH COUNCIL OF HOLY TRINITY CHURCH, WALLINGTON (A Church of England Parish Church) STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31st DECEMBER 2024 Total Funds Notes 02 Cash us•d In operatlng acllvltlos 12 90,168 12,478 Cash flows from Investlng actlvltles Interast income Purchase of tangible fixed assets Sale of tangible fixed assets Ca8h provlded by (used In) Investlng actlvltl•• 35,516 31.718 (6,360) 35,516 25,358 Repayment of borrowing Cash us•d In flnanclng actlvltl•s Increase (decrease) in cash and cash equlvalents in the year 154,652) 37,836 Cash and cash equivalents at the beginning of the year 791,975 754,139 Total Cash and Ga•h •qulvalents at tha •nd of th• year 737,323 791,975 Page 13
PAROCHIAL CHURCH COUNCIL OF HOLY TRINITY CHURCH, WALLINGTON {A Church of England Parish Church) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st DECEMBER 2024 1 ACCOUNTING POLICIES Charlty Information The ¢haritVs governing documents are the Parochial Church Council (Powers) Measure 1956 as amended and the Church Representation Rules (contained in Schedule 3 to the Synodical Government Measure 1969 as amended). (a) Basis for accountlng These accounts have been prepared in accordance with FRS 102"The Financial Reporting Standard applicable in the UK and Republic of Ireland" I'FRS 102"), "Accounting and Reporting by Charities" the Statement of Recommended Practice for charities applying FRS 102, the Charities Act 2011 and UK Generally Accepted Accounting Practice as il applies from 1 January 2019. The Church is a Public Benefit Entity as defined by FRS 102. The accounts have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required lo provide a true and fair view. This departure has involved following the Statement of Recommended Practice for charities applying FRS 102 rather than the version of the Statement of Recommended Practice which is referred to in the Regulations but which has since been withdrawn. The accounts are pr8pared in st8rling, which is the functional currency of the Church. Monetary amounts in these financial statements are rounded to the nearest £. The accounts have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and lo include investment properties and certain financial instruments al fair value. The principal accounting policias adopted are set out below. (b) Going concern At the time of approving th8 accounts, the trustees have a reasonabl8 8xpectation that the Church has adequate resourc8S lo continue in operational existence for the foreseeable future and there are no material uncertainties about the charity's ability to continue. Thus the trustees continue to adopt the going concern basis of aGcounting in preparing the accounts. {c) Tanglble Flxed Assets and Depreclatlon Consecrated and benefice property is excluded from the accounts by S.96{2lla) of the Charities Act 2011. Moveable churGh furniture held by the Vicar and Churchwardens on special trust for the PCC and which require a faculty for disposal are listed in the Church's inventory. For inalienable property acquired prior to January 2000 there is insufficient cost information available and th8refore such assets are not valued in the accounls. All expenditure incurred during the year on consecrated or benefice buildings and moveable Church furnishings, whether maintenance or improvement, is written off as expenditure in the Statement of Financial Activities and separately disclosed. Freehold Land and Buildings - The Trinity Centre has been included at the existing use values as at 1st January 1996 with subsequent additions at cost. The Trinity Centre buildings are being depreciated on a straight line basis at a rate of 2Yo per annum. Freehold land is not depreciated. Equipment within the Church premises is depreciated on a straight line basis over 4 years. Individual items of equipment with a purchase pric8 of £1,000 or less are written off when the asset is acquired. Donations for fixed assets are written off over the same period as the related assets. (d) Funds Unrestricted Funds represent funds of the PCC that are not subject to any restrictions regarding their use. Designated Funds represent funds designated by the PCC for a specific purpose. Such funds are still unrestricted and may be re-desi9nated by the PCC. Restricted Funds represent funds set up for a specific purpose. either by the PCC or the donor. Transfers beeen designated and restricted funds are carried out only when they are considered to be in the interest of all funds involved. Page 14
PAROCHIAL CHURCH COUNCIL OF HOLY TRINITY CHURCH, WALLINGTON (A Church of England Parish Church) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st DECEMBER 2024 1 ACCOUNTING POLICIES (continued) {e) Exclusions from Flnanclal Statements The Financial Statements include all Iransaclions, assets and liabilities for which the PCC is responsible in law. They do not include the accounts of Church Groups that owe their main affiliation lo another body nor those that are informal gatherings of Church Members. (fj Incomlng resources Collections and stewardship giving are recognised in the accounts when received by or on behalf of the PCC. Legacies to the PCC are accounted for as soon as the PCC is notified of its legal entitlement, the amount due is quantifiable and its ultimate receipt by the PCC is reasonably certain. Income tax recoverable on gift aid donations is recognised when the related income is recognised. Rental income from the letting of Church premises is recognised when the rental is due. The Church is greatly assist8d by voluntary help and donations in kind. These ar8 not r8flected in Ihe financial stalemenls as they are not capable of accurate financial measurement. Grants receivable are recognised in the accounts when the terms of the grant have been met. Grant incom8 IS included in Voluntary Income. (g) Resources expended Resources expended are recognised in the period in which they are incurred and include VAT which cannot be recovered. Resources expended are recognised as Charitable activi118s and include gifts made lo registered charities, log8lher with costs and expenses altribulable lo clergy, running Church services and activities. Designated Funds and Restricted Funds 8xpenditure are Itemised separately for specific activities of the church. Governance costs r8present all costs incurred in meeting18gal and financial reporting requirements. Wherever possible. costs are attributed lo and paid independently by each church activity, but where costs need to be shared these are clearly identified in the detailed Statement of Financial Activities. (h) Cash and cash equlvalents Cash and cash equivalents include cash in hand, deposits at call with banks. other short-temi Ilquld Investments with original maturi118s of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities. {11 Flnan¢lal Instruments The Church has elected lo apply the provisions of Section 11 'Basic Financial Instrumenls, and Section 12 '0ther Financial Instruments Issues, of FRS 102 to all of its financial instruments. Financial instruments are recognised in the Church's balance sheet when the Church becomes party to the contractual provisions of the instrument. Financial assets and liabilities are offset, with the nel amounts presented in the financial stalemenls, when there is a legally enforceable righl to sel off the recognised amounts and there is an intention to settle on a n8t basis or to realise the asset and settle the liability simultaneously. Baslc financial assets Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrang8m8nl constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised. Page 15
PAROCHIAL CHURCH COUNCIL OF HOLY TRINITY CHURCH, WALLINGTON IA Church of England Parish Church) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st DECEMBER 2024 1 ACCOUNTING POLICIES (continued) (l) Flnanclal Instruments (contlnuedl Baslc financial liabilities Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement conslitules a financing iransaclion, where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised. Debt instruments are subsequently carried at amortised costs, using the effective interest rate method. Trade cr8ditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as curr8nt liabilities rf payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognisgd inilially at transaction price and subsequently measured at amortised cost using the effective interest method. Derocognltlon of flnanclal Ilabllltles Financial liabilities are d8recognised when the Church's contractual obligations expire or are discharged or cancelled. U) Dlocesan Parlsh Support Fund The amount of the Parish Support Fund is agreed by the PCC and is accounted for when payable. Any amount unpaid at 31sl December is provided for in the accounts as an operational (though not a legal) liability and is shown as a creditor in the Balance Sheet. (k) Glfts to other organlsatlon$ The Annual Parochial Church Council agrees the total amount to be paid as gifts to other organisalions and payments to mission partners and missionary soci81ies from the General Fund in the budget-setting PCC Meeting in the autumn. 11) Penslon costs The charity participates in th8 Pension Builder Scheme {PBS) and the Defined Beneflls Scheme {DBSI, both defined benefit schemes within the Church Workers Pension Fund, administered by the Church of England Pensions Board. The Church is unable lo identify its share of the underlying assets and liabilities, as each employer is exposed to actuarial risks associated with th8 current and former employees of other participating entities. The assets of the scheme are held separately from those of the employer. In this instance, FRS102 requires that the contributions be accounted for as if it were a defined contribution scheme. Pension costs are therefore the contributions payable to the Scheme in the year. Crltlcal accountlng estlmates and Judgements In the application of the Church's accounting policies, the trustees are required to mak8 judgements. estimates and assumptions about the carying amount of asset and liabilities that are not readily apparent from oth&r sources. The eslimales and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may diff8r from these estimates. The estimates and underlying assumptions a reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both Current and future periods. Page 16
PAROCHIAL CHURCH COUNCIL OF HOLY TRINITY CHURCH, WALLINGTON IA Church of England Parish Church) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st DECEMBER 2024 (Cont'dl 2 INCOME Unrestricted Funds General Designated Restrlcted Funds Total Funds 2024 2023 Donations and Legacies Stewardship donations Standing Orders Income Tax recoverable CAP Donalions Collections Donations 185,225 57,145 185,225 57,145 2,500 9,167 81,220 335,257 164.635 45,127 1,500 9,399 61,844 282,505 2,SOO 9,167 80,769 332,306 435 2.935 16 16 Other voluntary Income Legacies Grants 5.922 8,000 13,922 5,922 8,000 13,922 12,000 4.016 16,016 Total Donatlons and Legacles 332,306 16,857 16 349,179 298,521 Oth•r Tradlng Actlvltles Literature sales Lunch Club income Other income Trinity Centre lettings Fees Café Income Trinity Tots 299 7,271 4,190 81.336 2,519 4,211 1,198 299 7,271 4,190 81,336 2,519 4,211 1,198 504 7,665 6,081 68,425 6,401 4,509 1,081 Total Other Tradlng Activlties 101,024 101,024 94,666 Other income Other income Total Other Income Income from Investments Deposit interest 761 34,718 37 35,516 31,718 Total Income 434,091 51,575 53 485,719 424,905 Page 17
PAROCHIAL CHURCH COUNCIL OF HOLY TRINITY CHURCH, WALLINGTON {A Church of England Parish Church) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st DECEMBER 2024 (Cont'd) 3 EXPENDITURE Expendlture on Charitable Activities Unrestricted Funds General Designated R8Strl¢ted Funds Tolal Funds 2024 2023 Charitable Activities Mission Grants & Gifts to other organisations (note 15) Diocesan Parish Support Fund Staff housing Staff expenses Fees paid to Diocese Youthlsunday School Christians Against Poverty Expenses Staff training Service expenses Literature costs Outreach Trinity Tots Café costs and purchases Lunch Club costs Vicarfs Discretionary Fund Stafflng (note 41 Associate Vicar Director of Women & Families Ministry Music Minister Youth Minister Church Ops Minister Church Adminislralor Adminlslratlon and Buildings utilities Insuranc8 Repairs and maintenance Consumables Garden Maintenance Cleaner and Cleanlng Material Waste Collection IT Music LicenceslEquipmenl Web site and Marketing Building Costs Depreciation Printing, stationery and office services Bank Charges General 8XP8nses Membership & Subscriptions 22,152 86,300 8,600 9,054 1,926 4,219 1,392 559 1,946 312 4.201 22 3,600 4,838 253 22.152 86,300 23,600 9.054 1,926 8,754 3,892 559 1,946 312 4,201 383 3,600 4,838 253 19,814 85,000 16,200 3,179 3,569 2,613 3,677 15,000 4,535 2,500 1,700 1,789 3.735 526 3,981 4,543 361 5.654 23,014 5,654 23,014 29.451 38,873 35,414 27,342 22,037 32,759 37,448 35,687 22,473 29,451 38,873 35,414 27,342 18,321 7.621 7,262 2,595 2,058 17,214 1,312 943 1,706 521 18,321 7,621 7,262 2,595 2,058 17,214 1,312 943 1,706 521 106,670 29.454 7,981 578 5,471 57 541,282 20,622 7,017 11,871 1,840 15,864 1,094 1,907 550 106,670 1,590 7,981 578 4,688 57 354,118 27,864 29,454 7,263 340 8,504 107 407,163 783 159.300 27,864 Governance Costs Independent Examination fee Professional Fees 3,540 1,476 5,016 3.540 11,993 15,533 3.360 4,578 7,938 10,517 10,517 Total Expenditure 359,134 169,817 27,864 556,815 415,101 Page 18
PAROCHIAL CHURCH COUNCIL OF HOLY TRINITY CHURCH, WALLINGTON (A Church of England Parish Church) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st DECEMBER 2024 (Cont'dl 4 STAFF COSTS Unrestricted Funds G8noral Designated Restrlcted Funds Total Funds 2024 2023 Staff wages Social Security costs Pension costs 118,963 6,768 4,566 26,879 1,362 1,210 145,842 8,130 5,776 137,158 7.597 5.649 130,297 29,451 159,748 150,404 No employee received emoluments in 8xcess of £60,000 p.a. 2024 2023 Number of employees: Holy Trinity Church The Associat8 Vicar is not an employee of the PCC, but is an Office Holder appointed and licensed by the Diocese - his remuneration and benefits are paid by the Diocese. The total Costs. including Stipend, Nl and Pension contributions, are invoiced to Holy Trinity monthly and settlad by Direct Debit. Penslon costs The pension costs above represent the contributions payable in Ihe year and Holy Trinity staff are members of the Church Workers Pension Fund, Pension Builder Classic scheme. A full actuarial valuation of the Pension Fund is conducted Iriennially. with the latest valuation being performed as at 31 December 2022. This valuation revealed a Surplus of £34.8m in the PB Classic scheme on an ongoing valuation basis. Al the Annual Review in January 2025, the Board agreed to a discretionary pension increase bonus of 2.7010 following funding improvemenls in 2024. As th& PB Classic scheme is currently fully funded, Ihere is no debt due under Section 75 of the Pensions Act if Holy Trinity leaves the scheme. The Church Pensions Board is not expected to make any changes lo the scheme at this point in time. 5 FIXED ASSETS Freehold land and Bulldlngs Furniture and Equipment Total Gross Book Valu• As at 1.1.2024 Additions during year As at 31.12.2024 Depreclation Asat 1.1.2024 Charge for the year 1,403,214 157,800 1,581,014 1,403,214 157,800 1,561,014 560,652 27,864 153,030 1.590 713,682 29,454 As al 31.12.2024 588,516 154,620 743,136 Net Book Value As at 31.12.2024 814,698 3,180 817,878 As at 31.12.2023 842,562 4,770 847,332 Gross Book Value at 31.12.2024 Value of Land included General Fund- Trinity C8ntre- Land. Estimated value at 1.1.1996 10,000 10,000 1,393,214 1,403.214 10,000 10,000 Restricted Fund - Cost- Trinity Centre, Wallington. Surrey 10,000 Page 19
PAROCHIAL CHURCH COUNCIL OF HOLY TRINITY CHURCH, WALLINGTON (A Church of England Parish Church) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st DECEMBER 2024 (Cont'd) 5 (contlnued) The gross book value is based on th8 value estimated by the PCC as at 1st January 1996 or the cost of subsequent additions. The market value of the Freehold land and Buildings is considered to materially exceed the book value, however, due to the specialised nature of the properties, the difference cannot be practically quantified. The Gross Book Value of the Furniture and Equipment is shared b8tween the General Fund {£21,408) and the Restricted Fund (£130,032). In 2023, a new dishwasher was purchased al a cost of £6,360 in the General Fund. 6 DEBTORS 2024 2023 Income tax recoverable Hall hire due Prepayments Interest due on Deposits 3,738 7,579 2,595 4,117 7,324 18,641 9,567 16,279 7 CREDITORS Amount falling due within one year 2024 Accruals Trade Creditors Grants Payable 6,185 8,805 2,173 6,860 17,838 1,005 7,190 8 TRANSACTIONS WITH MEMBERS OF THE PAROCHIAL CHURCH COUNCIL None of the Trustees received any remuneration or expenses during the year for their role as Trustees. A proportion of the housing costs and agreed work expenses have been met for the Clergy members of the PCC. The Staff Expenses of £9,054 {£3,179 in 20231 include the expenses paid to trustees and Staff, covering expenditure for Travel, Telephone, Conferences and Training, and Hospitality. In 2024, this also includes a moving grant lo the Associate Vicar and recruitment expenses from the appointment process. There have been no related party transactions in the reporting period that require disclosure. 9 ANALYSIS OF NET ASSETS BY FUND Unrestrlcted Funds General Deslgnated Restrictod Funds Tolal Funds Fixed assets Income tax recoverable Other debtors Bank deposit accounts Bank currenl accounts and cash Creditors.. amounts falling due within one year Inter-fund balances 13,180 3,738 7,588 804,698 817,878 3,738 14,903 616,813 120,510 (7,190) 7,315 616,029 104,188 17,006) 51,915 16,322 (184) {51.915) 174,387 571.245 821,020 1.566,652 Funds Property Revaluation Reserve 164,387 10,000 571,245 821,020 1,556,652 10,000 Fund Balances 174,387 571,245 821.020 1,566,652 Page 20
PAROCHIAL CHURCH COUNCIL OF HOLY TRINITY CHURCH, WALLINGTON (A Church of England Parish Church) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st DECEMBER 2024 {Cont'd) 10 DESIGNATED FUNDS Balance 1.1.2024 Incoming Resources Resources Expended Balance 31.12.2024 Transfers Grants and Designated Income 689,487 51,575 {169,817) 571,245 689,487 51,575 1169,8171 571,245 Grants and D8signated Income Designated funds are for income where the purpose is outside of the normal day to day running costs of the church and where the PCC approve the use of Ihem. In 2024, we received four granls and one legacy and these funds were earmarked as Designated Funds in the normal way and partly funded the capital expenditure and the cost of the Music Minister and Curate's house rent in line with PCC approval. Three grants lotalled £4,100 and were for Children and Youth related aclivilies, and we were delighted lo be awarded a grant of £3,900 from the 88nefacl Trust towards the repair costs of th8 wall. 11 RESTRICTED FUNDS Balanc• 1.1.2024 Incomlng Resources Resources Expended Balance 31.12.2024 Transfers Building Fundlcompasslon Fund 848,831 53 127,864) 821,020 848,831 53 (27,864) 821,020 Buildlng Fund Phas& 1 of the Trinity Centre Project (the construction of th8 new Trinity Centre to replace the former hall and meeting rooms) was completed at a cost of £1.423.000 in November 2003 and was fully funded by April 2006. Phase 2 {Building The Church projecll was completed in 2016. The final project cost was £1.858m, fully funded by January 2018, with the PCC now taking responsibility for addressing any residual costs for minor building related issues. Compasslon Fund The PCC approved the creation of the new Compassion Fund in 2023 and it rais8d over £16,000 in donations from church members in the first year. The fund is designed to make grant payments in support of church family members who are struggling financially, subject to PCC approved guidelines regarding who may apply and the types of grants available. The demand for this type of supporl has been lower than expected and only a few applications have been received. None have yet progressed far enough for grants lo be paid, but the fund continues to be open and will be reviewed by the PCC during 2025. Page 21
PAROCHIAL CHURCH COUNCIL OF HOLY TRINITY CHURCH. WALLINGTON (A Church of England Parish Church} NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st DECEMBER 2024 (Cont'd) 12 RECONCILIATION OF NET MOVEMENT IN FUNDS TO NET CASH FLOW FROM OPERATING ACTIVITIES Total Funds 2024 2023 Net Movement in Funds Add back depreciation chargé Deduct Inlerest Income shown Decreas8 {Incr@as8) in debtors Increase {Decrease) in creditors Net cash used in Operating activities (71.096) 29,454 (35,516) (2,362) (10,648) 90,168 9,804 29,454 (31.718) (6,088) 11,026 12,478 13 TRUST FUND The PCC was the Managing Trustee of a Tru$1 whose effective control passed to the Diocese over 20 years ago. At 31st December 2024 the Trust held ass81s of £370,65612023 - £362,363>. The income from this fund is used to cover clergy stlpends of Ihe whole Dlocese, and does not therefore form part of these accounts. The income or Capital of this Trust may become available to the PCC if at som8 tim8 in th8 future the Diocese were to hand back to the Parishes the responsibility for remunerating their own clergy. 14 CONTINGENT ASSET In 2002 Springfi8ld Church was grant8d an ex-Parochial Place and thus b8came18gally independ8nt of Holy Trinity PCC. Holy Trinity has a contingent interest in 500/0 of the Springfield Church Clergy House- 49, Stanley Park Road, Wallinglon. The PCC would receive 50•/0 of the sale proceeds if either.. (a) Springfield Church ceased to be part of the Church of England, or Ib) Springfield Church was no long8r required to provide a clergy House and the property could be sold. As at 31 December 2024, It is not practical to estimate the financial effect of these conditions being met. Pag8 22
PAROCHIAL CHURCH COUNCIL OF HOLY TRINITY CHURCH. WALLINGTON (A Church of England Parish Church) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st DECEMBER 2024 (Cont'd) 15 GRANTS PAYABLE Totsl 2024 Total 2023 The following grants were made by the PCC in 2024 Mission Societies Bible Society Wycliffe Bible Translators 650 1,000 595 952 Mission Partners James Barnard (Youth with a Mission) Pip & Si Wilson Emma Nunn Deborah Prisk 3,015 3.015 3.015 3,015 3,565 3,565 3,565 Other Donatlons Chris Donovan Trust. Christian Institute Church Society Compassion UK Sutton Nightwatch Holy Trinity School Maintenance Fund Open Doors Sutton Communlty Works Sutton Schoolswork Local Missionlchurch Plant Totsl Grants Payable 500 650 300 875 252 1.800 650 650 1,760 1,005 22,152 476 1,095 119 833 155 1,800 595 595 1,904 19,814 Page 23