Charlty r￿]stra￿On numbgr 1134149 (England and Wal8sl
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH
OF EPSOM
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
• xeinadin

## **THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF EPSOM** 

## **LEGAL AND ADMINISTRATIVE INFORMATION** 

|PCC Members|_Mr_H Bluett|
|---|---|
||Mr G Woodhead|
||**A Aronson**|
||J Flower|
||Revd Canon N Parish|
||Mr p Keilh|
||Mr R Jeffery|
||S Lullon|
||Mr J TPadwick|
||Mrs S Jeffery<br>Mrs H Williams|
||A Rennie|
||A Roberts|
||C Lullon|
||Rev. J Mitchell|
||Lynne Scholefield|
|Charity number (England and Wales)|1134149|
|**Independent examiner**|Hazel Day|
||Xelnadin Nightingale|
||House 46-48 East|
||Street Epsom|
||Surrey|
||KT171HQ|





THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH
OF EPSOM
CONTENTS
Pago
PCC Memb*5' r8POrt
Indgpendenlaxarnlnets wep(*t
Slalementolfinandal aclmiies
8*ncty5he81
Noles lo thB finwdal statements
10-22

## **THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF EPSOM** 

## **PCC MEMBERS' REPORT** 

## _**FOR THE YEAR ENDED 31 DECEMBER 2024**_ 

The PCC members present their annual report and financial statements for the year ended 31 December 2024. 

The financial statements have been prepared in accordance wilh the accounting policies set out in note 1 to the financial statements and comply with the PCC's governing document, the Charities Act 2011, FRS 102 "The Financial Reporting Standard applicable In the UK and Republic of Ireland" and the Charities SORP "Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable In the UK and Republic of Ireland (FRS 102)". 

## **Objectives and activities** 

The primary object of the Parochial Church Council (PCC) is the promotion of the Gospel of our Lord Jesus Christ according to the doctrines. The PCC (Powers) Measure 1956 states that the PCC "is to co-operate with the minister in promoting in the parish the whole mission of the Church, pastoral, evangelistic, social and ecumenical". 

The PCC continues to achieve ils primary objective by: 

- Maintaining the whole mission of the church and supporting the ministry team. This includes the regular provision of opportunities for divine worship, the promotion of the Gospel and of Christian fellowship; 

- Managing and maintaining the church premises at St. Martin's and St Stephen's so that they can be used in a variety of ways both liturgical and secular; and 

- Supporting the Church of England by paying our calculated contribution to the Guildford Diocese Parish Share Fund. 

_Public benefit_ 

The PCC members have paid due regard to guidance issued by the Charity Commission in deciding what activities the PCC should undertake. 

## **Achievements and** performance 

## **Review of the year** 

Throughout this year the PCC has met six limes with the Standing Committee meeting in between each PCC meeting to discuss relevant Issues and topics before making recommendations to the PCC. Issues which have been on our agenda this _year_ Include the following: 

- **Buildings** Having taken the decision to sell St John Chandler Hall building the process of finding a suitable contractor who was willing to enter into an agreement with the PCC was undertaken In the first part of the year. Nuro homes was granted this agreement, and the necessary legal process took up a lot of time for both the churchwardens and the PCC. The year ended with the confirmation that planning permission had been submitted and we await the outcome of this before the sale of the building can be finalised. We hope that this will take place in early 2025. 

Unfortunately, it was discovered that the front Gable End of St Stephen's has suffered a great deal of wet rot. Consequently, the building was deemed unsafe and had to close In the summer. The fabric committee worked closely with the architect and inspecting structural engineers to get a schedule of works in place and it is hoped that the building will be repaired and reopen In lime for Easter 2025. 

The Fabric committee have been exploring how we can continue to support the Church of England's plan to be Carbon Net Zero by 2030 and have begun the process of applying for the relevant permissions to have solar panels and battery storage installed at St Martin's. Local Authority Planning Permission and Listed Building Consent has been granted In 2024 and we hope to have faculty permissions and grant funding awarded In 2025 with the panels Installed by the end of the year. This will give us the capacity to generate and store our own green energy. 

. 1 . 



THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH
OF EPSOM
PCC MEMBERS. REPORT {CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Parlsh N•eds Process-￿ ry)ntinU￿ to make pr(MJress Hnpjwnenling I￿r Church Oeveloprnent Plgn
and managed io complete 58ver81 elemenls of lh8 W[ollI￿5 that we (wjtlined in 2023.
Growiro a Youngar CongregaDon Ichldren & F8milies, 45s- 80sl
New ladl1￿$ In th8 South Alsk- Ihas8 are re￿￿ used by lamlll8s during serykns
Outreach workto bapllsm lamles
Induslon of ax181n818peakets as part￿ the Sundayworshlp
Communirale offecliv8ty wilh each olhef aThJ the c￿regaI1)n
Purchase and Inslalalion of new notic8btsards insKfe and outsfd8 of Sl Martin's - new
no1[￿boardS hav8 been instslled at Ihè West End ol the church ￿th one more to be put In
the Easl End ollhè ehwchyard when Ihe w8alher knproves.
Bellef use of tho churth ￿eb￿le to keèp conl8nl utxjated
Banners foroutsid8 lh9 thurch to Publ￿St ev8nts
Bu￿J1￿J3 for Ihg lulurè- (xgalng space for church 8nd communSty
New Chureh Hir& bKKhure lo attraci mor8 communlty vse- thls has ￿8￿ dislrfbuted and
we haye rnanaged lo altraci a lew on8-off hSreJs who ￿ hope will b9 back agaln.
New lables in the seryery area to prornt)t8 a rA)mmunSty le8llng- th888 are used ￿gUlarlY
as part ol lh8 fèifowship after Sunday morniThJ Se￿ceS.
Solai Pane￿ belng explored for Inst8fiabon on Sl Marfln's - good progress has beon
made with Ihls project. more deta￿$ thmler ￿1￿J1
Ext*)rthg Small Groups
Awkla r8ng8 of different small groups being ￿aTrned 2024- several new groups were
establlshed duthg Ihe YO￿ 8NI Ihg Dlsdpleshlp and Fèlk)wship Commlltee has bèan
InstrumeThl81 in driving thbprK)rity fO￿ards.
Increased financial gm
. Naw contadess card machine wrdwsed for Sl Marun's - ￿ re9ulw use by ￿siting
mwnl*rs olthe (y)ngregaUon
Churehwanlen* Roport on thè Fabrf¢ of th• Chureh
Written a good m8ny years ago. but s￿11 very relevant, Is a wondèrtul 3end-up ol the chwch whrch play8
with the words ol'onwarrf Chr5stian Sokliers.. 11 slarfs ￿1h'BackwardS Christian Soldlers.. but the be$1 line
Is 'LSko a fflighty iortolso movè5 the church ol Go&. I'm reminded ol Ihls Ilne f￿qu9Th￿y 89 l experience
another y8aras Churchwarden- a ye8rwhk* saw st8rt10 lty 8010 In offke. l om, hO￿VaT. Ihanklul that
I still have 8ccess to Iho wisdom olmy former felhm warden. Davkl Eggell, lowhom I refer when IhirYJs ara
beyond my ken (whld) b L418nl
Thg ffl￿hty lortolso Is 8vid8nt nol onty In Ihe church. somgthing Ihe f￿ng￿981k)n and villageis ITr Langley
V818 are dlscoverlng. SirKg find(ng serfous amunls of wel rol In the west gabfe gnd of St Slephens. tha
Invofvernent of archllecls, bullde￿ along wtlh d*xeK and the seeking of hjnding has meant that th9
process of putbng it righl was frustratlN4ty $l(M. In olher bulkllng rTratters. the pro¢ess ol selllng of John
Chandler Hall continued Ihroughoul th8 ye8r. {In this mallei I Ihink w8 have lo reference snalls Inst88d of
lortolses). Bul one slep along the way was finafty belng abJB io hand over the Iieeh(4d ol the land behind
Ihe halj to It￿ scouts. We ow• much thanks to oui oryani5Megal-whiz lain.
So durlllg 2024 the on￿OIng upkgep of St Martln's had a k)wer profi￿.. The unseen lo￿lne ma1ntenan￿ all
happened. What o)uld b8 seen was the repalr work by stone mason Chrls Anstey to the we81 end teNace
ond Ihe new Portland 5lone sleps whlch now only kM)k very smart bul arè also Ix)n8lderably safer.
Chris also dld somè Iloor repalrs thskde the b￿￿J[￿g and new push-bars were filt￿1 lo Ihe north and south
doors. Approval was giv8n lo inslallSThJ an aUtOrna￿¢ wnder lor the tower clo&k and Son￿ Ilortolse-like)
progress was rnad9 Iow8rds11 happening. Th8 ongoing pfans lor fixing 501ar pan91s on Ihe roof msant th811
gol lo dlmb up lhe￿ and enjoy the M8ws aNoss lh& lown. In Church Housg, Parish Managèr Nicky
oversaw upgr8dlng work whkh eonJnuès, Iwt It already looks eonèld8ratrAy Smarter and mora 81tr8ditie lo
hkers.
Thls Is lusl a snap5hol of eve￿￿9 thal wont on in 2024. The WO￿ of 8 thwclM8rden is both unandlng
and unendSngly varied. Bul I gel io work amongsl a wonderfvl church f8mlly. so I'll conllnue to do my bast
(even Iltorto&ses all too IrequenUy dtctala ¢h8 pace).

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH
OF EPSOM
PCC MEMBERS, REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Ep8om Deanery Synod
There hav0 b88n rneetirys ol the D&an6ry SyrKMI on 1￿ Jun& 2023. 4th October 2023, and January 2024.
The chalr- th&Arèa Dean ex offth- Is R8vd Rowary Dorthian ofchrisl Churth Epsom and Ihe lay ch811
Peler Harvey. Each meeling Is hebj In a differ8nt parfsh so we can get io know one another and learn ol
good waclko and go(xl hjeas forenh*dng psrish
Most recontty tha syn(kl meekng has laken lh& form of an open synod with pr8S8nlalk)ns Irom a numbar ol
drffeient people all eénlered around the theme of t8pi181 fundlng. One prfrsentalion was by the ￿MpanY
Ihal Is doveloplng fornwstone, an onllne financ8 Sy3tem that bolh analysis your finan￿$ and allows
PCC'S to iesearch wlential grant fundlng po15 lor prriects that they are planning. We are looking forward lo
getting Ihls software up and wnnlThJ for St Marlinb 8nd 8eelwJ how tt might help us understand our
finan￿ furthef.
Vlear i Report- Rov. Nlck Par18h
The year 24125 has se8n our Church fife ftourL8h. Our pallem ol woishlp. pr8yer and sludy has been wèll
8UPPOrted, and In particular, our onllne offering 18 well suppcwied and much appredaled, partlcularly thos8
who are unablè lo phy81¢ally attend. Much has happened pr￿t￿aThY- aThd we all owe a huge debt ol
gralltudè lo our Vdtrfen, offKers aThJ staff. We 88*J ooojbye to St&ph8n Hope, our musical dlreclor. in
November. S8r8h Lullon has seNed as so18 Churchwaiden . arK1 has dor￿ an amazlro lob- please pray
for a socond person lo Come forward to lake on Ihe rc4e wlth har lor th8 coming year. Rob Jollary h8S
served ss bolh PCC secreiary Ch81r of the Fabrfc Con¥nlttee h88 had to manage many prolècls.
not le8$1 th8 r8pair8 to St Slephen'5 Church ￿lIld￿r0. And thank sY)u lo our rn￿[$1ry team members- Our
Cufale, Judith. Lay Minlsters Rulh. John. Graeme and HowArd.. Pasloial As$lstants Elalne and Mary.
occask)nal pre8chers Sarah and Martyn. rellred Pr*sl Adrian. Andrew Ichaplaln at Epsom coll￿8) and
Andrls {relired Lutheran prlesll. As well as our 'aUt￿)rked. mlnlsleT8 thwe are many peowè who rA¥ry out
vitaj roles ¢n ourchurch lrfe- I tha[￿ God for you ajl.
Mln18try Tèam
Meetings of Ihe MlnL81ry Team cOn1Jn￿ io t8k8 P￿ abo￿ once a monlh. W8 Irled havlng separatè
Plannlng Meetlngs. Thls was nol a sucxess. h￿[. Ixjl we may silli havè th8 o¢xaslonal slngle4ssu6
meeting and one of ihese Is be0￿j conskfèred for the disuJssk)n ol Indusmty In our church. Th6
member6hlp ¢ompri583 the cfergy. lay mlnislers ar¥1 Te8ders. the pastotal te8m 8nd one or hyo others. Tha
Agenda and min￿￿3 8re aL%o sent lo lh8 DlierA(K of Musk lal tha moment lo laln Macl8dan6 who Is
oveiseelng Ihg tholr and musk). arKI lo Andrew Ha￿land. Chaplaln al Epsom College. who takes
occaslonal 5èrw(xs 81 bolh St Martin's and Sl Stephen's. The Me8￿ngS arg an opportunlty lor an oxd)ang8
oly￿W$.
Each meeting Indude a sèrvice T8￿e￿, seThkt plannirvJ (Induding the mlas whlch giv6 ¢J818if8 of fulurg
Sar￿¢0$), a pastoral updat8. gèneral church Issues and dèt8il$ of any planned study groups or events, at
th St Martin's and St S18phen$. Members 8LI8 to draw allenlion to any pmlA8ms and offer posslble
8oluUons or Improvements (for I[￿lanCe, ￿erting to the font8l the west of tha chuith ￿r baplismsl, or
lo rneTrlSon anylhing whth has gone partlculaity w811.
DIS￿sSI(￿S or8 &150 held reoardkng siudy groups. thurch evenls. and Fdafillkng for lh8 Church Seasons
such as Advent, Chrf81rnas, Lent and Eastèr et¢. These dlscussh)ns #rè 0ft8n useful and glve risa lo
valuable sugg9811on5. Durtng the pasl tW8tV8 months Ideas whlch caffle lo Iwibon have Induded SI8PS
to th6 &'bl8, Se8son of Ihe Stints. Beffng ￿"1￿, and The Long Joumgy lo BellH8h8m. Lallt 2025 a
s•riè3 on incluslv5ty tn Church h88 been developed. Fubjfa o)urso3levenls may indudè h Ihame lorAugusl
2025.. GreatAcls In Ihe Lme olJe8us, the 1ibj￿Y ol hls Blrth. Do8lh. Re8urrecUon.Asc•nslon 8nd Pentecosl.
The celebrauon of the 2￿ AnnNeisary ol our Georgi8n Nave has also b8•n disCU88ed, and plaris Bra
gath8ring pace, inckjding a Performan￿ by Thi8 Is my Thealra of ￿ld8 and PreiudKe. tt Iglk al Se(y)lld
Thoughts on Georglan food. and an èxhibllK•n by ihe Church Recordin9

## **THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF EPSOM** 

## **PCC MEMBERS' REPORT (CONTINUED)** 

## _**FOR THE YEAR ENDED 31 DECEMBER 2024**_ 

## Financial **review** 

Total income was £334,122, which is 46% higher than the equivalent figure last year of £229,029 which is largely a result of an increase of £50k in the level of legacies received. 

Total expenditure amounted lo £459,633, increasing from £350,532 in 2023. This provided the Christian ministry costs Including the contribution to the Diocesan parish share which largely provides the stipends and other clergy overheads (including housing for the clergy). It includes the costs of four employee roles. During 2024 over £1 00k was spent renovating Church House. 

Overall we reported a net deficit for the year of £125,511 (2023 £51,503) before other gains and losses. The net movement for the year is a deficit of £80,281 (2023 surpus of £60,872) once investment gains and losses are included. 

After adding reserves brought forward at the beginning of the year, the balances carried forward al 31st December totaled £2,242,678 (2023 £2,322,959). 

The PCC reports that we continue lo operate as a going concern: 

- We continue lo be prudent in our expenditure, despite having reserves in place it is becoming increasingly difficult to balance income with expenditure year on year. 

- Our reserves position is strong, although we will need to use some of these for essential building work and renovations in the medium term. Likewise it is important to hold reserves to cover the impact of unforeseen events. 

- The PCC is confident that we can continue to meet our critical commitments. 

## _Reserves policy_ 

Policy: It is the policy of this church lo hold in reserves: 

• The equivalent of three months general running costs and an additional one month's salary costs 

• An amount for likely building works at the next quinquennial inspection. 

• An amount for the next internal redecoration of the Church Building 

After these reserves have been designated, the PCC believes that the remaining reserves leftover should be spent on projects for which there is a vision but no resources, so as to enhance and Improve the building of St Martin's to make ii fit for the future, and where possible to carry out capital projects now that will reduce long term running costs in the future. 

This Reserves Policy will be reviewed at regular intervals as necessary. 

## **Risk Management** 

Members of the PCC have reviewed the major strategic and operational risks which the church faces, in order to be satisfied that systems have been established to enable regular reports to be produced and that all necessary steps have been taken to minimise the effects of all such risks which _may_ exist. 

Structure, governance and management 

Members of the Parochial Church Council (PCC) hold office in accordance with the Church Representation Rules - either ex-officio; or by election or appointment at the Annual Parochial Church Meeting; or by co-option. The Vicar is an ex-officio Trustee. 

The charity is unincorporated and registered with the Charity Commission in February 2010 under number 1134149 having previously been an exempt charily. The Charily is governed by the Parochial Church Council Measure (1956) as amended by church Representation Rules. 

The PCC is responsible for making decisions on all matters of general concern and importance to the parish, including deciding how the funds of the PCC are to be spent. All eligible members of the congregation are encouraged to register on the Electoral Roll and to stand for election to the PCC . 

• 4 - 



THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH
OF EPSOM
PCC MEMBERS. REPORT (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
PCC mgmb&rsbtho have seNedfwn Ihe 1s1 ￿￿2024 mll tho thi% le￿rt was approved are..
Ex.Officto Members:
Rev. Nid( Parfsh, Inwmbenl & cl￿ ol PCC
Sarah Lullon. Church warden
David Eggelt. Church wardèn (ufttl 11th May 2024)
Rev. Judlth Mitthell. Asslslant Cv'*
HTh¥ard Bluell, Deanery Symod R8wesentatNe
John Pathrici Deanery Synod R￿resenIallV￿ Ifrom 12th June 2024}
Elecled Members:
Aly8onAronson lfrom 12h May 2024)
Richard Deavln Ivntil 11ty May 20241
. &)hn Flower
Martyn HoMoYJy-Nevhle {￿1* 11h May 2024)
Rob Jelfefy, Serxetsry
Sarah Jeffery
Phil Keith
Chris Lulloft
John Padwtck lunknl 11"M8y 2024)
Alex8fKJer Renn
Lynne Scholefighj
Hebn WIUiam$
Geoffreywoodhead Ifff￿ I2￿ May 20241
Co4)pted Members,.
Roberts. Treasu￿1
Ro915tsF8d Charity nuThb•r. 1134149
prtnGlpal addre5$- Church SIRel. Epsom, &Jrrey. KT17 4PX
Indepéndènt Examlner
. Hazel Day. Xeinadin. m￿h1￿¥￿al$ Hottsè. 4640 Easi StreeL Epsom. PJjr￿y, Kf17 1HQ
BankeTS
CAF Bank Lirnlted, 2S Kings HIIAvwHbe, l(rys HI Mallty. ltsnl VE19 4JQ
ma￿$1 Plo 115 H￿h StreeL Eps(¥n. sUr￿y. KT19 BDX
. CCLA Inve51menl MaTragwt Lir1*￿, Onew L￿. L￿. EC4R 3AB
Commlttees
Urn9 the y88r Ihe cm¥nlttees w￿rked to furth￿ Ih•wowk Lrf the thurth Ihe reabn$ olthe PCC.
Sts[￿ry & FlTran￿ Commitlee
Mis8ion & (￿treaCh Commltlee
. Dlso*ship & Fell￿ShiP CrywnRiee
Fabric Commillee
GeneTal Slall$ll¢•
Occasional orri
There were eyht bapts'sm5. There were three rywtiagesal Cl￿r¢h and the dewgy Ihe fvr*rals of
rlnè peo￿&. There were nine coFrWnittalsM￿1aI ofa5hes.

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH
OF EPSOM
PCC MEMBERS, REPORT ICONTINUED)
FOR THE YEAR ENDED 31 DECEAIBER 2024
The PCC rop)rl was tythe Boanl ofPCC
Rewl CAnon N Parfsh
Datè,..th.-.3.-ZS

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH
OF EPSOM
INDEPENDENT EXAMINER'S REPORT
TO THE PCC MEMBERS OF THE PAROCHIAL CHURCH COUNCIL OF THE
ECCLESIASTICAL PARISH OF EPSOM
I repod lo lh& PCC members on my exarninatiDn of f￿arte￿I 51818m8nls of The Parochial Church CounThl Of
The Ec¢leslasllGqI Parfsh of Epscth (the PCCI lor tho year ended 31 DeL%mbèr 2024.
R•sp¢*n81bllltlgs and basrs of report
As the PCC rnemb8r¥ of PCC you wa reSp￿￿ble Ihe preparation ol Ihg nnandal siatements in ac¢ordan
Ih th& Ioqulrwnents of the Gharftie5Act 2011.
I rep(¥E In respect ol my examinalkjn of thè PCC'S fina￿￿] slalernents carrTerf ¢yJl under sedtan 145 01 th8
Charitps Act 2011. In Carr￿ng my 6xamlnalv)n I have foknyed th6 by the Charfty CoFDmlssion
undÈrsecUon 145(5llb) of the Chath"esAcl 2011.
Inde￿ndent gxamlnèvs statsmgnt
Since the PCCS gross Income &xe*8deil £250.OiJ). the independenl eX8rn￿er musi be 8 mémb8r of 8 body li41ed
In seclion 145 of Ihe ChariliesAd 2011. 1 ￿Tr[Irm thal l am qua￿r￿d lo wlertako the ex8mlnalk)n because l am a
mgmber ol Iha Insiitute ofchartered Acco￿10n1$ In ErvJland and Wal85, whEch is one of the listed bc#Jie¥.
Your ailonilon 1$ drawn to the lacl Ihal th9 th8rlty Iws ryeparnd thè financial $￿t￿Trts In 8ccordanté wllh iho
rel8vanl veislon of the Statement of RteAJrnmènded Piaclke awAr2blg lo cthafftl8s prep8rlng Ihèlr fin8nclal
tslai8menls in ?ccordance wth tha Flnanci81 Rerxxlhig Slarvjard 8ppfic8ble In th8 UK anLI Ropublic ol Irvland IFRS
102) In prEfergnre to Ih&Ac£ounbw and Reptthg by ch￿￿￿$.. Slk18mènt of RerA)mmended PraCts.￿ issued on 1
April 2005 which is rglerred to in Ihe exiaTrl ￿gUlat￿)n$ bul has now been withdrawn. l U[￿9r5(aTrd Ihal thls h88
been dono In ordèr for the 1kna￿al stalemenls to provld6 a Iruè 8nrF fay view h acc￿8[￿ wilh UK Generauy
Accept&J Aecotjnling Pradtce.
I have cornp16ted my examlnallon. I rJJnfirm thal no mallets havè ccffie to My aitenll)n in conn8dH)n wilh Ihe
examlnallon giving me eause lo beltevg that In any matert4 rewL
att¢ounbn9 w8wrd8 were kepl In respoct ofthe PCC as wvlred by se(aK)n 130 Of￿ ChaitttesAcl 2011.
Ihè fin8nckql $￿eMents do not ac¢ord vrilh Ihose reco￿8.. or
the flnanoal slalernenls do rv)l Lyjrnpty wlh Ilw 8ppHcable fequfvrn8nts concemlng Iho fwm aNJ content of
flnanclal sialgments set ovl In Ihs Charili08 (A￿￿nIS and Reports) Re9ulat¢ons 2008 olher th8n any
reoulrernenl thal the riTran￿al st8iements give a tsue aThJ fair vw. wh'Kh Th)t a malter (¥Jnsthred as part 01
an Indap8ndenl examlnallon.
I have no concwn5 and have ¢￿￿e acrgss no olher mallets In ￿nn*c1k)n wlh Ihe examinalion lo which alE8nlion
shovld bè drawn in ihi% ￿port In order lo 8nabk a prcpef urKlerslandinp or the financk81 slalemènls to ba reached.
Hazel Day
Xeinadin
Niqhlingale House
4648 East Slreel
Epstsm
Suw8y
Icr17 1HQ
t)ale:..asFw

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH
OF EPSOM
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 DECEMBER 2024
UBr•sfrlcled RosldGl•d
funds
f¥nd$
2024
2024
Tolal Unrg4tr1¢1gd Restrlcled
funds
funds
2023
2023
Tofal
2024
20rJ
Notes
Incomp from:
Donations ond legadgs
Charitab18 8¢tfvilies
Other trading athibe8
Inve51m9n18
157,475
136,340
985
29.543
157.535
126280
107,990
148.781
7,116
29.045
20
108.010
146.781
7,116
37.122
160)
9.719
39,322
8,OTT
rolal Incom•
324,343
9,779
334,122
290.932
8.097
299.029
Expondlture on:
Charitable aCti￿S
455.353
4.280
459.633
5.590
350,532
Total oxpendifurè
455.353
4.280
459.633
344.942
5,590
350,532
Nel galnslllo88&%1 on
Investments
12
36.218
9.012
B8,815
23,780
112.375
Nèl Incomellèxpendllurg) and
movÈmBnt In fund6
194,7921
14.511
(80,281)
34,605
26.267
60,872
Recon¢lllatlon of fund5:
Fund balances al l Janu
2024
1ffi2.3e8
340.571 2.W.959
1,947.783
314.304 2262.087
Fund bal&nc05 4131
Dèeèmber2024
1.8B7,5
355.082 2.242.678
1.982.388
340.571 2.322,959
The ststgrn8nl ol finartrgal actNkles kncbjdes all gains and los￿ I8￿rISed In Ih8 yeai. All inc￿9 and expeThJilvrg
dgrive from contitmjing aclniilies.

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH
OF EPSOM
BALANCE SHEEr
ASA T 31 DECEMBER 2024
2024
2023
Note5
Flxed assais
Tanglble assets
lTrveslmèn
14
15
972,233
1,074.528
994,089
1,029,297
2.046,761
2,023.386
Currènt a$set3
Sloc
Dabtors
cash at bank and In haryl
16
17
744
12.450
209.410
797
14.786
320,279
335,8S2
Cr•dknF8.' amount5 lalllng due withln
one yèar
18
126.6871
136,289)
NetGurreTrt A￿￿1$
195.91Y
299.573
Tolal as$•l¥ leB3 curront 113b11￿1￿5
2.242,678
2.322,959
Th¢ funds ol the PCC
Restricied kncome fwds
Unre81ficted lunds
355,OW
1.887.596
340.571
1.982,388
21
2242,67B
2,322,9S9
The Ilnanclal slalerneni8wer8 approved by the PCC membetson......
Mi R Jeffery
Tru¥t•e
S Lutlo
Twstee

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH
OF EPSOM
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEAIBER 2024
Ac¢ountlng polleles
ChaTIty Infonnation
Tha P8r¢xhlal Churth Counril OIThe EcdESla51Ka p￿lsh ol Epsom K8 an urdnwrporalerf charity.
1.1 Accountlng convgnll*Jn
Thg financTr81818lemgDls have been prepareil kn acrA)Tdanc8 wlh tho PCC* govemhg document, thg
Charitiès Act 2D11. FRS 102'Thè FI￿nCIal Reporting st￿(d appr￿b]e in UK and Fiepublio o., Irelan(r
and tho Charit￿# SORP °A¢counllng and by ChariU98.' Sl8lwnerÈl of Recommended Pracllc
appllc4b18 lo charities p￿paring thetr acwmts in acwdè￿ wilh the Flnandal RBportlng Slandard
applic&bI8 in Ihe UK ar¢d Rfjpubr￿ of Ireknd IFRS 102r. Tho PCC Is a Publtc Beneft Enljiy as defined by
FRS 102.
Th& PCC has 18ken advantage ol the prO￿S￿On$ In thè SORP noi lo prepare a stalement ofcash
Irows.
The finarKig1 state￿￿t$ ha%* departed from the Ch8rAfjès (￿Unts arml RewJrt81 RawlatKJrts 2008 only lo
the exlernl reqWr￿ lo provtyJ8 a tiue lalr vrew. Thfs depwlure ha5 In¥Dfved foknng the Statement ol
Recommendèd PracticB lor chafilles apptykny FRS ItY2 rather lh￿ lh& ￿[sinn ol the Stalemenl of
RerAJrnrngnded Practke whlth15 refened to In thg RwJv]alwx8 ixjl whkh ha8 8lnc• b8en *ithdiawn.
The IlTranci81 slatemenls are prepared In sterllr¥J. yrt￿h 15 Ihe [Unr￿o￿al currency ol Ihg PCC. Monetary
amounts in Ihes& f￿anual statements are Wounded io thè r￿&￿t
Tho finan(ual ststemanls have been prepored under tha hlstrKi￿l cosi (xnvention. Imodified to include the
r8valu#lion ol Ireehold propertles and lo Indudp irwe5trv,enl p￿0￿rtIeS and certsin financtal knslnJmen18 al falr
V8lu81. prinrypal accryjntkng pofw*s adopled arè s•t ￿tbeltrAt.
1.2 Golng ¢onr¢rn
Al Ihe titRe ol approvlng Ihe fiDarrtxal stslemenl& Iho PCC m¢m￿r5 hav8 a reason*lg 0xp￿tatiTrn th81 lh8
PCC has od6oua18 resourw to ￿lInve In operatt¢wI exfstence lor the lore58e8b18 tufurg. Thvs th9 PCC
membèts conlknu8 toadopt the golng coJKem ba￿5 ofa¢w￿h￿￿ itk pieparirwJ Ih? fnaniyl statements.
1.3 Chariloble Furtd$
Unre51ricled fwds are avalable lor use al thedtsuelp)n olthè PCC memtws in knrth8ranr*oltheir rharitable
obleGlives.
Reslrkted furnJ5 ￿ subpcl lo specifK (X)r￿ by donors ¢x granlors as to how th8y may ba u58d. Tha
piirpD5BS and uses Dlthe rosl￿ted lunds Set out In Ihe not85 10 th• knancial st8tèm8nt3.
Endowm8nt lunds are suweci to 5pelif￿ colldition$ by darnrs that Ihg Cal￿al must be malnteln&J by Iho
pcc.
1.4 Incomo
Incomg is iecognlsed when Ihe PCC is Iggglly ofitslkd to il after any performance condil¥)ns have been n￿1,
the emounts can be measuie(J reliabty. and prnbab￿ Ih8t ino)me wil be TWAlV8d.
Cash don8110￿ are recognL8ed on recei&￿ Othot ar8 recogn158d rmce lh& PCC has been r￿li￿ed ol
the dortalion, unless performanee con(tit¥)n5 r8qJW8 delerr81ol Ihe 8moiJnl. Incomg lax recoverab￿ in relallon
lo donalhJn5 ieceived ￿￿j￿r GrftAhl or d8eds of (w8nanl Is rerJ)gnlsed al tho Ume ol the donat￿ll.
10-

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH
OF EPSOM
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Accountlng wllelol
IContlnu•d)
Legades we rewlsed on reCe￿rt ￿0[her￿￿e I Ihe PCC has nclffied ol an irnwdlNJ du4irlbullon,
amount known, and recelpt Is expefjted. If the ncl known. Ihe kg8cy Is tr8at8d a8 8 continggnl
8sseL
1.$ Expendlluie
Expendilurg is teujgnised once there Js a legal or rAMStnthe oblvJatkM io transfer e¢orK*mlc benefil lo a
Ihlrd party, il Is probable that a transfef of oc4)nomtc ￿8￿fil$wIl be required kn setLknent, and thg anKJunl ol
the oblKJabon e8n t* m$Asured reli8￿y.
Exp8ndilure Is dassifjed by activity. The cosls of each $re up ol Ihg total of Llifect Costs ond
Shared costs, knduditt9 SUPPOrt co$ls knvofved kn vtKlert8kirvJ each oclryity- Diretl costs allribulabje lo a 5kngle
a¢lwity are allocaled direclw to Ihat actiwty. Shared eosts whith ¢x>nlribute to MO￿ than one activity and
suppowl c0515 which are rk)t 8llr*wtable lo a slngle a¢b¥tiy are apportioned befv4een those acifvilles on a basis
conslslant with th8 I￿8 of reS￿r￿. Central slaif c95ts are all￿ated on the bas￿ ol Ume spanl, and
depreclalion eharges 8r8 aHocated the portlon ol Ihe 8sseYs use.
1.8 Tanglble Ilxed a5$ets
TangSble flxed asseis are Init￿lty measured al rx*l an(J sut6ew8nUy measured at ￿5t or v8IU￿￿n, fiet ol
dopredalion any itnpaim¢nl losses.
Depreci8tion 18 18cognlsed so as to wtio oll lh8 wsl ry valuaih)n of ossotsloss lh￿r r8sWjv￿ valu85 over th£ir
salvl lives on thg followino bases..
Compulel eqirripmenl
Olher off￿& equipment
ano and mustcal eqthpment
50% (ffi ¢0￿ annum
33% on cost tel onnum
PiaTh) 4% pw8nMm hthv8versorne equipmenl al 10%. 20%
and 2S% rdlgs
10% 07 coslper annum
4% on cosl perallnum
Sound 8rnlAVequipmonl
Llghling equlpmènl
Th£ gain or loss èdsing on Ihe dispes81 of sn a5581 is determIj￿ 8$ Ihe (m[ereTh￿ belween the Sa￿ prorEed8
and the cwrylng vahje of the asset, a￿1 rewnksed In sial8menl of finanual activikn98.
1.7 Flxèd 85set Investffj¢nl$
FIx8d assel Inve5trnenls are Initially measured 81 transad6on pDce •xcEL%fing transactKJn costs, ancs are
ÈubsequenlFy meawjred at lair va￿e 81 each re￿rfIng dale. Changes In I￿r value are recognlsed kn nel
Incomellexpendilwel lor thè year. Ti8ns8Ction rosts are eynsed a5 inwrred.
1.8 Impalmiènt of flx8d assels
Al each rgporting end rfalè. thè PCC wev￿￿S Ihe ￿(r￿ng afflo￿ts of ila tangrfjle 8&381s lo deleimine whelhef
there [8 any fi￿1¢2110n that Ihose assels havg ￿lIe[e41 an thWaln￿8nt loss. 11 any such Indlcalkjn exlsts, Ihe
r8uJver8bte amount￿ the aJ8el Is estwnaled h order to daiermJn8 th8 extenlofthe impament loss lif any).
1.9 Stocks
Stocks arè slated ai th8 lower of C4)St vstil￿e￿ selkng prTh kgss costs lo complete and sall. Cost
¢ornprlses direct materials and. whet& direci ra￿vr c08L8 and thosè overhead5 Ihat have been
¢urrod In bilnglng the stocks to thoir pré88nt and condliDn. Ilems hekl lor dislribulK>Tr al no or
-nomlnal consldeialkjn 81è mèasured Ihe lower of rep￿￿ment cost ond cos1.
Nel realisable valu& is the eslimaial selliThJ pwKe ￿8S ￿1 ÈsNrnaied costs ol LX)mpblw lo be
incurred In maikellw. 5elliDg and d1s1ri￿Qn.
11

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH
OF EPSOM
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Accountlng pollcles
Icontlnuodl
1.10 Cash and cash equlvalenls
Cash and cash equivalents Indud8 rAsh in han(I, deposits he￿ al call with banks, other ghurt-krm h.qurd
Inv&slmeTrts wilh ￿lgInal maluriltes of thr88 monlhs (w less. ar￿ bank overdraft& Bank overdrafts 8ra shown
wllhln ts)rrO￿ngs in currenl l￿b]I￿le￿.
1.11 Flnanclal In8trum•nts
Thè PCC ha$ olectsd to apply the provis'ons of Seclion 11 'BasTc Fknandal Instruments'an(J Secllon 12'01h8r
FinanLial InstKum8nls Issues. of FRS 102 lo allof ils f¢Trandal kthmenls.
Finanaal h$lrumgnls are rec(>JThsed In PCVS baFanco sheel thb PCC Iwjmes party lo lh8
comlraclual provlÈlona of It￿ InstrurreThl.
FthBndal awls 8llfl liabifiDes are offset. wlth tho not amounts wes8nled In thè fin8ncial slalsmonls. when
Ihere is & leg811y enlorceablg righl lo set off the ￿cognised 8mountSond Ihwe ts Bn In18nlton kn get￿& on a rnl
ba51& orlo re81ise the 88s81 and seub ihe la￿tY￿J￿ullallel￿$Iy.
Basle Iln8ncl81 assets
Basic finandal a$s￿S, whkh Indude debiors aNI eAsh and bank b318nc&s. are ￿lIk￿lty m2asured al
Iransactk)n pric8 IrKlu(Ing 118nsactlon costs 8rg subseqvenlty callred al amort15ed LWI vslng Ihe effective
Inte￿51 method uTrless the aftsngement constilul85 a f￿an(￿n9 trans8¢tion. where the tran$a¢tion Is
m8asured at Ihe present ol the lulur8 r8ceipIs rfwunied al a rnaikel rale ol in1￿88L Flnandal Assets
c18ssified as re￿Nabl0 wlhin yeaiare rbjl an7oMSÈd.
B4slo Ilnanclalllablllttes
BaslG final￿la1 labilitigs. in￿dIng ued11￿ ano bank k)ans ère kniUally r8eognised 8t trans8Ction pricé unl8SS
Ihe arr8ngerrenl consth"tute$ a finanong tran$aGi￿n, where the rtebl I)stru￿en1 is measured al th6 present
value ol the future paymÈnl$ dlscw)tgJ al a markel rale of Interest. Flnanrlal 1kn4bililios Classified as payab18
within one year are not atn(Mti58d.
Debl instrthnenls afe S￿b$èquéfi1ty 8t arnortFS8d cost. wng lh￿e￿￿e Inleresi rale melhod.
Tr8d6 creditor$ are otAig8tions lo pay lor 0￿d8 oi Se￿￿3 ￿.at have been 8cquiied in the ordtnary c4Jurs8 01
up¢iabons ¥uppliers. Amounls payabfg are classif￿d as ￿rren1 lia￿111￿$ 11 payment Is due wlhln
yeai or Igss. If not. they are ￿sented as non-wrrenl babiwtses. Trade credftors a￿ recognlsed hthiany at
Iransaetlon prk* and subsequenltymeasured at ajmrfsed cost uskng t1￿ Èffo.cllve Inte￿$1 method.
Dere¢ognttlon olThn8nclallloblllll•s
Fhanclal tkblliv88 ar8 derecOJnis￿ when the PCC'S ra)nlrathal expire or are dlscharged or
canc4lled.
1.12 Employ88 ben8fl18
The cost ol any unus•J ￿idaY enlilkn*nl L% ro0)gnTrs8d in tha perK¥J in whth lh8 émployee's servi￿5 ar8
recelved.
Termlnalion bentfi15 are tecognised Irnmedialety as an eX￿￿e when PCC Is demortstrably commlted to
temilnale the gTTybymnl of8n omployee or lo pro¥ide lemibTralp)n be￿fil&
1.13 Rètlitrn8nt bènèfits
Paym¢nls Its conliibulion iotlrement bw*fil3chgme$ are as an expense as Ihey fall due.
12

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH
OF EPSOM
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Crl¢l¢&l aGGountlng ostimates andj￿rIg0n*n1S
In Ihe 4>p]￿a￿.0n ol Ihe PCC'S pdk*s. lh• PCC Thmb8rs are requyed to Ma￿ ludg8m8nts,
eslma.os and a88umpi*)ns aboul the casry6ng amount of assets 8￿j Ilabl",Iles that are nol readily appgrént
Irom other sources. The eslimale& a￿* assoc4ated as5umtthThs are baged 00 historical experience a￿[ other
f8clor$ ihat 8re considered lo be reJevanl.Aciual ￿sU1￿ mayd4f(er Estimates.
The estirnal85 arbl Under￿n￿ assumpllons are rev¢ewed cfft an orwing basts. Revis￿ to a¢￿￿ntIr
e5brnal8s arg reoignwd ID the per￿ in the estimate is reYt3ed vknere Ihe ievi8ion affecls only that
p?riod. or in lh9 ol the ieth and future pedcmjs where the ievisbn alfed5 both Cul￿nI and fitlwe
Pairods.
Incom• from donattonj and legades
Unreslricled Rg¥trl¢tsd
funds
funds
2024
2024
Tofal Unrestrlcted Reitrf¢t¢d
lunds
funds
2023
2023
Total
2024
2023
DonatsDns gt¥J gd
LegaEiÈs
Tax rocoverabla
Colkctions
Sundry Do￿a￿S
73.005
51.810
1&937
7.826
5,897
73.fJ)5
51.810
18.937
7.826
5.957
75,051
1.678
18.886
7.529
75,051
1.676
18,868
7,529
4,886
157,475
60
157.535
107.990
20
108,010
Incom8 Irom charltabTe aellvlll8A
Unrestrlclod Restricted
fvnd5
fvnds
2024
2024
Total Unr•strlcted R8strlcted
lund8
furHIB
2023
2023
Totsl
2Q24
2023
Charllablo actlvltl•$
Grants
PCC Fees
Church house and
mg from comrnunity
1,1￿0
2,881
4.507
(60>
4.447
2.881
$è
Sl John's Chandlar Hall
Income
Sl Ma￿￿.$ Cards
Moblk telephone mast
ienl81
FuThJ raisng oGtivltrp¥
71.829
71.B29
71.396
71,396
40.¢IKI
40,1
S1,2tAI
760
51,21M)
760
15.879
3.485
15.879
3.465
15.532
4.012
15.532
4.012
136.340
136,280
146.781
146,781
13-

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH
OF EPSOM
NOTES TO THE FINANCIAL STATEMENTS {CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Income from olh¢rtr•dln9 actfvtllos
Unr¢strlcted Unrestrlcled
fund5
2024
2023
Coffee
Sundry receipfs
832
353
608
0.510
01h￿ tradkng aclivitres
985
7.116
Incomt from Invesbnents
Unre$trtet•d R#$irf¢tod
lunds
funds
2024
2024
Tolal Unmstrletad Reslrlcted
funds
funds
2023
2023
Total
2024
2023
Inc￿￿& from IAled
investments
Interest re(%fv&bJ9
21,805
7.738
5.426
27.231
12.091
21.098
7,947
5,65Y
2.420
26.755
10.367
29,543
9.779
39,322
29,045
8.077
37.122
14

LYJ
¢X*
X8a8
OWJ*or4*
* *y• r lyi
Ln o
r4(400
g7JC
IL) 0> *J> 10 to
0￿-￿v￿)L

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH
OF EPSOM
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
Support cost¥ allocat￿ to aetivtti¢$
2024
2023
Governance cosls
11.779
12,085
Ahalysed between:
Cl￿re￿ managem8nt an¢J a￿n￿nI$1ratI0n
11,779
f2.085
Not movement In funds
2024
2023
Tha nel movemènl kn lund$ Ls stated after th8rgin￿{{￿d￿ffjI".
Fee3 payablè l(M tt58 Independent examination of the ¢hwiiYs ffinancial
stslemenls
Dep￿¢T￿tiOn olowned tAffjii 48 fw8d assets
3.540
21,857
3.780
22.463
10 PCC Memb•Ys
Nonè of the PCC Mem￿[3 Iiy any persons connèdéd wkn thÈrn} ￿e￿IVed remuneralbn or t￿et￿tS Imm
th• PCC durlng the year.
11 Ernployoes
Tha average monthly numberolempfoyees dui*@ thg yearwas:
2024
Nymber
2023
Number
Employmw)t costs
2024
2023
Wages and salarles
0￿e1 penskjn cA81s
53008
919
61.032
851
54.727
51.883
Ther&wèr8 no emptoyeeswhosè annual remUr￿lI￿7Was lh￿ £60,iXIO.
17

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH
OF EPSOM
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED}
FOR THE YEAR ENDED 31 DECEMBER 2024
12 Galns and 10$588 vn Inv•stmonts
Unr￿tr1¢￿d R•slrktgd
funds
lunds
2024
2024
Total Unrestrleled Re$¢rlot¢d
lund$
fund$
2023
2023
Total
2024
2023
G#in31llossesl srising on..
R8valuallon of
Invaslments
36,Z18
9.012
45,2&1
8B.615
23.760
112.375
13 Taxatlon
Th8 ¢harfly Is •xwnpl from laxalljn on tts #cliwves because all Its Income 15 ap￿￿d c*ailtab19 PUItM)$88.
14 T#nglbl¢ IIKqd as50ts
Compthtrr
*qulprDent
LlghllAg
•qulpmont
Total
Cost
Al 1 January 2024
838.523
329,OT5 1.167,598
At 31 De￿mbe1 2024
838,523
329,075 1.167.598
Depr6clallon and impalrm¢nt
At 1 January 2024
Deprectaknn ¢har9&J in th¢ ygar
54.871
3.54f
118,637
18.316
173,508
21,857
Al 31 DeeAmbef 21Y24
58.412
138.953
195.365
Carrylng amount
Al 31 Dee£Mlw 2024
78D,111
1*2,122
972,233
At 31 Dacember 2023
783,652
210,437
994,089
18-

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH
OF EPSOM
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
1fj Flxwl assèt knvos¢monls
Llsted
Invèstments
Cost orvaluatlon
At l January 2024
valua￿on chang88
1.029,297
45.231
Al 31 Dec*mb8r 2024
1,074,528
Carrylng amount
At 31 De¢tmbor 2024
1,074,528
At 31 D8C9rt)er 2023
3,029,297
16 5tock$
2024
2023
Finisheif goods and gLvyJs lor resale
744
797
17 Debtor8
2024
2023
Amounts falllng due wllhln one year-
Olher deblor
Prèp8ymants aThJ accrved iDrK￿ne
f2,45D
14,5B4
202
12,450
14.786
18 Crorfit¢TS.' amounls falllng due withln one year
2024
2023
Other creditors
28.687
36.289
19 Redremfrnt btrngllt•¢hem•s
2024
2023
Deftnèd eontrtbutlon sch0m#$
Charge lo profrtoi Ioss ofdefinwJ cot1lth5utiL￿ schern
919
The PCC operales a d8fined con1r1￿￿n penslon schèrnè ftr all quahfylng employees. The a$sets ol Ihe
schBme are hekj 58p3ralelyfrom those of PCC ln an iTh1￿￿le￿IIY admlntstared fund.
19.

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH
OF EPSOM
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
20 R•strl¢tsd funds
Thg restrided fu￿lS of the charity conwrw th• unexpended balarths of donatt0￿S arKI graTrt5 hekl on tru81
8ubl8cI to sP6rif￿ tonditionsby thnorsag how thèy rnay bo uwl.
At 1 January
2024
Incomlng
r850urces
Resources
exP￿ded
Galns and
losses
At31
D8e•mb•r
2024
Legacy Fund
Oroan Legacy
FabAc Leg&cy
BBM Renovauon Fund
Memorial Gatden
War M8morf
Choir & Ckgon Legacy
Saint Stephens Legacy
Unlon 8erKh
40.[￿9
187.965
40,069
198.709
5.965
15,2B5
1,178
1,598
91.474
744
6,3
279
378
(1m6)
5.390
14,280
2.153
1.598
B8.076
744
627
19751
2.672
(2.269)
2.995
60
340.571
9.7T9
14.2801
9.012
355.082
Prbvlous yèar.
Al q January
2023
Incomlng Resources
resouT¢t$
expvttded
Galn6 and
105595
At31
0¢￿mb￿r
2023
Legacy Fund
Organ LwJacy
Fabric Legacy
8t1 Renovalfon Fuad
memo￿81 Garden
War Memorial
Chotr & Organ Legacy
Saint Stephèths L4acy
40.069
169,951
5.507
12.399
4.495
1.598
79.514
771
lo.￿9
1S7.965
5.686
14.280
2,153
1,598
B8.076
744
5.153
179
361
(1.4471
14.308
1,520
(2.342}
2.404
(1.7741
7.932
314.304
8.097
{5.590}
23,760
340.571
-20-

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH
OF EPSOM
NOTES TQ THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
21 Unrestrlcted funds
Th8 unrestricled funds ofth6 charty comprise Ihe balances ord0nathw￿ and grants whlch are
nDI subl8cI.10 Speci￿COnd￿l0n8 by don0￿ aThJ granlow 85 lo how ￿Y may be u58d. These iTrclud&
stgnatad funds whlch have been set aside tyjl ol unre8lrkled lu￿*S bythe trustees for sp￿rE¢ purpose&
Al 1 J¥nuary
2024
Ineomlng Resources
resourcos
expended
Gains and
lossès
At31
December
2024
SIMartln¥ General F￿d
Sl Martlns Inveslmgnl Fund
St Mwlins Pmpety FuThJ
Sl Stephons Genewal Fvnd
pro￿5[0￿ for Fulurg Repairs
and red8C0181k
De3ignated LegacyfurMI
(Hanbyl
Lallam Legacy
Upgiade of Church Ffouse
De&gfftaled Legacy ISyFad}
J Northgton Legacy
103rt39
626.122
750.000
39.092
245.61B
13.661
(328.3371
2.359
22,6
23,279
662,473
750,0
39.206
8.330
16.2161
90.404
{11.894)
1.761
81,331
217.1
9.408
232.268
129.457
28.678
20.551
26.67
47.670
47.810
1.9B2.388
324,343
1455.353)
36,218
1,8B7,596
Prèvlous year
At1 Jap￿ry
2023
Incomlng
resources
Resourcgs
•xpend•d
Gilns and
bJ59
A131
December
2023
Sl Msrtlns Gener81 Fund
Sl M8rttns Invas1ffl8nt Fund
Sl Marlins Propety Fund
Sl Stephens Gèneral Fund
Provision lor Fulure Repars
ond 18decoratlon
Deslgnaleij Leg8Gy
IHanleyl
Deslgnated Legacy lunil
IDavlson)
Upgrade ol Church Housè
DeS￿nated Le9acy Isyrad)
151,202
551.779
750,0￿j
2S7,331
20,170
1310.5181
5.424
$4,173
103,439
626,122
750,000
39.092
4.845
13.0581
84,324
1.169
4.911
.4D4
201.576
5.739
114.2281
24.107
217.19e
10.0
138.597
25.000
(10,000)
17.140)
129,457
26,67B
1,678
1.947,783
2￿,832
1344.9421
88,615
1,982,38B
-21-

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH
OF EPSOM
NOTES TO THE FINANCIAL STATEMENTS ICONTINUED)
FOR THE YEAR ENDED 31 DECEMBER 2024
22 Analy819 ol rAt a8so18 ￿lW8￿n lun
Unre$trfet•d
fvnds
2024
Restrlcled
funds
2024
Total
2024
At 31 December 2024:
Tyngibl8 asse
IThvoslrnents
Curr8nl assets]{Aab￿1ties)
972.233
812.390
102,973
972,233
1.074.528
195,917
262,138
92,944
1.883.S
359,082
2.?42,678
Unrestrlcted
fund8
2023
Restrlcted
ftJnd$
2023
Total
2023
At 31 Decémbpr 2023..
Tanglble assels
Investm8nls
CuiTenl assè1￿11￿blltsSI
994.089
772,493
215.
994,089
1,029.297
299.573
256.804
83.767
1.982.388
340.571
2,322,959
23 Related party transaGll¢Jn¥
There wer8 no thscrosab￿ rela￿ pariylransath durfng th& year12023- rvJn81.
-22-