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2023-12-31-accounts

REGISTERED CHARITY NUMBER: 1134255

Report of the Trustees and

Unaudited Financial Statements for the Year Ended 31 December 2023

for

PAROCHIAL CHURCH COUNCIL OF ST ALBAN'S, HINDHEAD

Knox Cropper LLP Chartered Accountants Office Suite 1 Haslemere House Lower Street Haslemere Surrey GU27 2PE

PAROCHIAL CHURCH COUNCIL OF ST ALBAN'S, HINDHEAD

Contents of the Financial Statements for the Year Ended 31 December 2023

Page
Report of the Trustees 1 to 4
Independent Examiner's Report 5
Statement of Financial Activities 6
Balance Sheet 7
Notes to the Financial Statements 8 to 19
Detailed Statement of Financial Activities 20 to 22

PAROCHIAL CHURCH COUNCIL OF ST ALBAN'S, HINDHEAD

Report of the Trustees for the Year Ended 31 December 2023

The trustees present their report with the financial statements of the charity for the year ended 31 December 2023. The trustees have adopted the provisions of 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) (effective 1 January 2019).

OBJECTIVES AND ACTIVITIES

Objectives and aims

The objective of St Alban's, Hindhead is to provide a community to enable people to worship God, to develop their faith, and to build up a sense of community, within the parish of Hindhead.

To this end, it provides:

In addition, in order to finance these activities of St Alban's as a worshipping community, St Alban's uses its buildings for concerts, for rehearsals, for classes and for other purpose.

To maintain its ability to support both parish and community activities, the parish regularly undertakes work to maintain and, where possible, enhance the buildings and their facilities.

Volunteers

We would like to thank all the volunteers for their valuable contribution to our ministry and for keeping the church running.

ACHIEVEMENT AND PERFORMANCE

Achievements and Performance and Public Benefit

When planning their activities, the incumbent and the PCC considered the Commission's guidance on public benefit and, in particular, the specific guidance on charities for the advancement of religion. The church continued to serve the community and events included a summer Holiday Club for children.

The major work to address significant problems with the gutters along the North Side of the building was completed. We continued to seek to address the issues identified in the Quinquennial inspection of 2020.

The Church Cottage was rented out throughout the year. St Alban's continued to give a regular amount to the work of the Bible Society.

Page 1

PAROCHIAL CHURCH COUNCIL OF ST ALBAN'S, HINDHEAD

Report of the Trustees for the Year Ended 31 December 2023

FINANCIAL REVIEW

Financial position

The total income was £217,969, as detailed in the financial statements. Expenditure amounted to £199,736 resulting in net income of £18,233, compared with net expenditure in the preceding year of £12,960. The net income comprises net income on unrestricted funds of £10,583 (2022: £15,775) and net income on restricted funds of £7,650 (2022: net expenditure £28,735). £9,823 of Unrestricted Funds was paid to charities in line with our policy to give away 10% of our regular income based on Funds raised in the previous year.

As a result, the funds totalled £1,176,687 at 31st December 2023, compared with £1,158,454 at 31st December 2022. At the year end restricted funds amounted to £991,514 whilst unrestricted general funds amounted to £115,173 and designated funds of £70,000. Restricted funds include the book value of the properties which totalled £868,863.

A number of factors contributed to the result for the year:

Unrestricted income was £152,121 which was £3,642 lower than 2022, mainly due to lower unrestricted donations in the year.

Restricted fund income amounted to £65,848, marking a £26,256 increase from 2022. This surge included new donations of £6.5k for the Small Project Appeal, and a £1k towards heating costs. Additionally, legacy income from the Nicol Trust rose by £24k, with £16k of it being received in early January.

Unrestricted expenditure was £141,375 which was £1,387 higher than the previous year. Increases included £1k cost of services and£3k hall costs.

Restricted expenditure was £58,361, this is £9,966 lower than 2022. This reduction was primarily due to decreased spending on stonework to repair the North West Corner, which had been incurred in 2022.

Reserves policy

The PCC aims to maintain unrestricted reserves equal to a minimum of 6 months expenditure in order to meet unexpected urgent expenditure or to continue to meet necessary regular costs if income decreases.

Restricted funds

The restricted funds are set out in Note 19 to the accounts.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The Parochial Church Council (PCC) is a corporate body established by the Church of England. The PCC operates under the Parochial Church Council Powers Measure. The PCC is a Registered Charity.

Recruitment and appointment of new trustees

The appointment of PCC members is governed by and set out in the Church Representation Rules. All church attendees are encouraged to register on the Electoral Roll of the parish, and the PCC is elected by the Electoral Roll. The churchwardens, who are elected at the Annual Parish Meeting by Electoral Roll members, are members of the PCC.

Risk management

The PCC has considered the major risks to which the Church is exposed. The PCC has reviewed systems and identified steps to mitigate those risks such as:

REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number

1134255

Page 2

PAROCHIAL CHURCH COUNCIL OF ST ALBAN'S, HINDHEAD

Report of the Trustees for the Year Ended 31 December 2023

Principal address

St Alban's Church Tilford Road Hindhead Surrey GU26 6RB

Trustees

Richard Bodle Clergy Derek Holbird Clergy Wes Sutton Clergy Helen Mitchell Clergy Jung Daruvala Churchwarden Duncan Willows (appointed 30.4.23) Sally Elliott Deanery Synod representative Rebecca Willows Deanery Synod representative Radek Uzel Treasurer Amanda Gamble Holly Henderson Jacqui Maybury Richard Maybury Jane Thompson Neill Parsons (appointed 16.5.23)

Independent Examiner

James Holland-Leader, FCA Knox Cropper LLP Chartered Accountants Office Suite 1 Haslemere House Lower Street Haslemere Surrey GU27 2PE

Page 3

PAROCHIAL CHURCH COUNCIL OF ST ALBAN'S, HINDHEAD

Report of the Trustees for the Year Ended 31 December 2023

REFERENCE AND ADMINISTRATIVE DETAILS

Clergy

Rev Richard Bodle Derek Holbird Wes Sutton Helen Mitchell

Churchwardens

Jung Daruvala Duncan Willows (resigned 30.04.2023)

Bankers

Lloyds Bank plc 49 High Street Godalming GU7 1AT NatWest Bank plc 39 The Borough Farnham Surrey GU9 7NP CBF Church of England Funds CCLA Investment Management Ltd Senator House 85 Queen Victoria Street London EC4V 4ET

Church administrator Rebecca Willows

Electoral Roll Officer

Julia Longhurst

Treasurer Radek Uzel

Director of Music Jo Alegria

Approved by order of the board of trustees on 14 May 2024 and signed on its behalf by:

Richard Bodle - Trustee

Page 4

Independent Examiner's Report to the Trustees of Parochial Church Council of St Alban's, Hindhead

Independent examiner's report to the trustees of Parochial Church Council of St Alban's, Hindhead

I report to the charity trustees on my examination of the accounts of Parochial Church Council of St Alban's, Hindhead (the Trust) for the year ended 31 December 2023.

Responsibilities and basis of report

As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').

I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act.

Independent examiner's statement

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination 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 2. the accounts do not accord with those records; or

  2. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

James Holland-Leader, FCA

Knox Cropper LLP Chartered Accountants Office Suite 1 Haslemere House Lower Street Haslemere Surrey GU27 2PE

14 May 2024

Page 5

PAROCHIAL CHURCH COUNCIL OF ST ALBAN'S, HINDHEAD

Statement of Financial Activities for the Year Ended 31 December 2023

Notes
INCOME AND ENDOWMENTS FROM
Donations and legacies
3
Charitable activities
6
Church Activities
Other trading activities
4
Investment income
5
Other income
Total
EXPENDITURE ON
Raising funds
7
Charitable activities
8
Church Activities
Total
NET INCOME/(EXPENDITURE)
Transfers between funds
19
Net movement in funds
RECONCILIATION OF FUNDS
Total funds brought forward
TOTAL FUNDS CARRIED FORWARD		 2023
Unrestricted
Restricted
Total
funds
funds
funds
£
£
£
114,132
64,235
178,367
4,051
-
4,051
20,073
1,613
21,686
13,270
-
13,270
595
-
595
152,121
65,848
217,969
13,175
-
13,175
128,082
58,361
186,443
141,257
58,361
199,618
10,864
7,487
18,351
(163)
163
-
10,701
7,650
18,351
174,590
983,864
1,158,454
185,291
991,514
1,176,805		 2022
Total
funds
£
160,320
4,995
16,972
12,519
549
195,355
10,272
198,043
208,315
(12,960)
-
(12,960)
1,171,414
1,158,454

The notes form part of these financial statements

Page 6

PAROCHIAL CHURCH COUNCIL OF ST ALBAN'S, HINDHEAD

Balance Sheet 31 December 2023

Notes
FIXED ASSETS
Tangible assets
14
Investment property
15
CURRENT ASSETS
Debtors
16
Cash at bank and in hand
CREDITORS
Amounts falling due within one year
17
NET CURRENT ASSETS
TOTAL ASSETS LESS CURRENT
LIABILITIES
NET ASSETS
FUNDS
19
Unrestricted funds
Restricted funds
TOTAL FUNDS		 2023
£
470,535
400,000
870,535
35,242
277,625
312,867
(6,597)
306,270
1,176,805
1,176,805
185,291
991,514
1,176,805		 2022
£
482,292
400,000
882,292
39,064
245,116
284,180
(8,018)
276,162
1,158,454
1,158,454
174,590
983,864
1,158,454

The financial statements were approved by the Board of Trustees and authorised for issue on 14 May 2024 and were signed on its behalf by:

Richard Bodle - Trustee

Radek Uzel - Trustee

The notes form part of these financial statements

Page 7

PAROCHIAL CHURCH COUNCIL OF ST ALBAN'S, HINDHEAD

Notes to the Financial Statements for the Year Ended 31 December 2023

1. STATUS OF THE PCC

The Parochial Church Council of St Alban's, Hindhead is a registered charity, no. 1134255.

A description of the nature of the PCC's activities is disclosed in the Report of the Trustees. The PCC's principal address is stated on page 2.

The presentation currency of the financial statements is the Pound Sterling (£).

2. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the Charities Act 2011 and in accordance with the Church Accounting Regulations 2006 governing the individual accounts of PCCs, and with the Regulations' 'true and fair view' provisions, together with the Financial Reporting Standard Applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Statement of Recommended Practice: Accounting and Reporting by Charities (SORP (FRS 102)).

The accounts have been prepared to give a 'true and fair view' and have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a 'true and fair view'. This departure involved following Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) Second Edition issued in October 2019 rather than the Accounting and Reporting by Charities Statement of Recommended Practice effective from 1st April 2005 which has since been withdrawn.

The PCC is a public benefit entity within the meaning of FRS 102.

The trustees consider that there are no material uncertainties about the Charity's ability to continue as a going concern.

Critical accounting judgements and key sources of estimation uncertainty

Fair value of tangible fixed assets and investment properties

These assets are measured at fair value at each reporting date with changes in fair value recognised in the Statement of Financial Activities. The Trustees assess the fair value based on recent market values. In determining the fair value on this basis, the valuation remains sensitive to fluctuations in the property market.

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Donations, Legacies and Collections

Collections are recognised when banked by or on behalf of the PCC. Planned giving receivable under Gift Aid is recognised only when received. Income tax recoverable on covenants or Gift Aid donations is recognised in the accounts when the gift is received. Grants and legacies are accounted for when the PCC is notified of its legal entitlement and the amount due is probable.

Other ordinary income from church activities

Parochial fees due to the PCC for weddings, etc. are accounted for on an event by event basis. Rental income is recognised only when received.

Income from investments

Dividend and interest income are accounted for when received as is any income tax recoverable on such income.

Page 8

continued...

PAROCHIAL CHURCH COUNCIL OF ST ALBAN'S, HINDHEAD

Notes to the Financial Statements - continued for the Year Ended 31 December 2023

2. ACCOUNTING POLICIES - continued

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

The Diocese Parish Share is accounted for when paid. Any contributions unpaid at the balance sheet date are provided for in the financial statements as an operational (though not a legal) liability and are shown within creditors.

Grants and donations are accounted for when paid over, or when awarded where the award creates a binding obligation on the PCC. Where grants are offered subject to conditions which have not been met at the year end date these are noted as a commitment but not accrued as expenditure.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Freehold property - 2% on cost Church equipment - 33% on cost

Consecrated and beneficed property is excluded from the financial statements by section 10(2) to (4) of the Charities Act 2011.

No value is placed on moveable church furnishings held by the churchwardens on special trust for the PCC and which require a faculty for disposal, as the PCC considers this to be an inalienable property. All expenditure incurred during the year on consecrated land and beneficed buildings, whether maintenance or improvement, is charged to the accounts during the year, as is expenditure on moveable church furnishings.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in the Statement of Financial Activities.

Taxation

The charity is exempt from tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

Page 9

continued...

PAROCHIAL CHURCH COUNCIL OF ST ALBAN'S, HINDHEAD

Notes to the Financial Statements - continued for the Year Ended 31 December 2023

2. ACCOUNTING POLICIES - continued

Current assets and liabilities

Debtors and creditors are recognised where, at the balance sheet date, an entitlement to receive or transfer economic benefit exists and settlement is probable and can be measured reliably. Amounts are measured at the expected settlement amount, discounted for the time value of money if material.

Cash at bank and in hand includes cash held on deposit either with the CBF Church of England Funds, or at the bank.

3. DONATIONS AND LEGACIES

Planned giving
Collections
Gift aid
Legacies
Charitable donations
Grants
War Graves
Small Projects Appeal
4.
OTHER TRADING ACTIVITIES
Holiday Club
Toddler Group
Church hall hire		 2023
£
89,760
5,963
20,099
54,886
1,103
-
36
6,520
178,367
2023
£
795
818
20,073
21,686		 2022
£
93,334
9,536
23,861
31,361
1,192
1,000
36
-		 2022
£
93,334
9,536
23,861
31,361
1,192
1,000
36
-
160,320
2022
£
530
834
15,608
16,972

Role of volunteers

The PCC is reliant on a team of volunteers to enable the running of the church and related activities.

The PCC estimate that approximately 60 people are involved in volunteering roles in order for the church to conduct its services and further activities and to carry out its role in the community. These are many varied contributions too numerous to acknowledge properly in these financial statements. They include mission, pastoral, worship/service related, church and grounds upkeep, youth and children activities, administrative, financial and many more.

In accordance with the SORP, due to the absence of any reliable measurement basis, the contribution of these volunteers is not recognised in the accounts.

Page 10

continued...

PAROCHIAL CHURCH COUNCIL OF ST ALBAN'S, HINDHEAD

Notes to the Financial Statements - continued for the Year Ended 31 December 2023

5.
INVESTMENT INCOME
2023
2022
£
£
Cottage rent
11,400
12,000
CCLA and bank interest
1,870
519
13,270
12,519
6.
INCOME FROM CHARITABLE ACTIVITIES
2023
2022
Activity
£
£
Fees
Church Activities
4,051
4,995
7.
RAISING FUNDS
Raising donations and legacies
2023
2022
£
£
Church Hall expenses
10,630
7,494
Letting costs
2,289
2,204
Event expenses
256
574
13,175
10,272
8.
CHARITABLE ACTIVITIES COSTS
Grant
funding of
Direct
activities
Support
Costs (see
(see note
costs (see
note 9)
10)
note 11)
Totals
£
£
£
£
Church Activities
92,868
10,023
83,552
186,443		 2022
£
12,000
519		 2022
£
12,000
519
12,519
2022
£
4,995
2022
£
7,494
2,204
574
10,272

Page 11

continued...

PAROCHIAL CHURCH COUNCIL OF ST ALBAN'S, HINDHEAD

Notes to the Financial Statements - continued for the Year Ended 31 December 2023

9. DIRECT COSTS OF CHARITABLE ACTIVITIES

Diocesan Parish Share
Music (including Organist)
Clergy
Vicarage
Cost of Services
Adult Training
Junior Church
Holiday Club
Toddler Group
Outreach
Gift Bank
Eco Church
War graves
Disasters Emergency Committee
Small Projects Appeal
10.
GRANTS PAYABLE
Church Activities
Total grants paid to institutions:
Bible Society
Christian Aid
Samaritan's Purse
The Children's Society
Total grants paid to individuals:
Total Grants paid in the year:		 2023
£
75,707
1,940
3,689
535
3,829
930
10
436
400
723
2,166
-
36
-
2,467
92,868
2023
£
10,023		 2022
£
74,376
2,011
1,461
2,161
2,800
94
50
310
643
1,235
2,099
210
72
127
-
87,649
2022
£
9,372
2023 2022
£ £
9,635 7,200
188 724
- 724
- 724
9,823 9,372
200 -
10,023 -

Giving to Charity

It is the Church's policy to give away to charities 10% of its regular income. Grants and donations are accounted for when paid or when awarded as per Church's expenditure policy.

Page 12

continued...

PAROCHIAL CHURCH COUNCIL OF ST ALBAN'S, HINDHEAD

Notes to the Financial Statements - continued for the Year Ended 31 December 2023

11. SUPPORT COSTS

Administrative
Expenditure
and
related
governance
to Church
costs
£
£
Church Activities
70,145
13,407
Support costs, included in the above, are as follows:
Expenditure related to church
2023
Church
Activities
£
Minor repairs and maintenance
4,082
Insurance
4,775
Utilities
12,070
Cleaning
2,362
Churchyard expenses
6,293
Fabric
3,847
Stone work
-
North West Corner
17,530
Gutter works
8,768
Depreciation of tangible fixed assets
10,418
70,145
Administrative and governance costs
2023
Church
Activities
£
Printing, postage & stationery
2,443
Administrator
7,224
Other
201
Independent Examination
1,950
Depreciation of tangible fixed assets
1,589
13,407		 Totals
£
83,552
2022
Total
activities
£
4,341
4,694
8,072
2,772
1,525
130
54,273
-
-
10,418
86,225
2022
Total
activities
£
1,938
6,958
380
1,900
3,621
14,797

Page 13

continued...

PAROCHIAL CHURCH COUNCIL OF ST ALBAN'S, HINDHEAD

Notes to the Financial Statements - continued for the Year Ended 31 December 2023

12. TRUSTEES' REMUNERATION AND BENEFITS

No trustee received any remuneration for their role as a trustee. There is one trustee, R Willows, receiving remuneration in 2023 for the provision of administrative services to the PCC totalling £7,224 (2022: £6,958).

Trustees' expenses

Three members of the PCC received reimbursement of travel, stationery, postage, repairs, training, Junior Church, Outreach, Upkeep Services, Gift Bank and Social events expenses amounting to £5,741 (2022: three members £5,807).

13.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
funds
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
122,092
Charitable activities
Church Activities
4,995
Other trading activities
15,608
Investment income
12,519
Other income
549
Total
155,763
EXPENDITURE ON
Raising funds
10,272
Charitable activities
Church Activities
129,716
Total
139,988
NET INCOME/(EXPENDITURE)
15,775
RECONCILIATION OF FUNDS
Total funds brought forward
158,815
TOTAL FUNDS CARRIED FORWARD
174,590		 Restricted
funds
£
38,228
-
1,364
-
-
39,592
-
68,327
68,327
(28,735)
1,012,599
983,864		 Total
funds
£
160,320
4,995
16,972
12,519
549
195,355
10,272
198,043
208,315
(12,960)
1,171,414
1,158,454

Page 14

continued...

PAROCHIAL CHURCH COUNCIL OF ST ALBAN'S, HINDHEAD

Notes to the Financial Statements - continued for the Year Ended 31 December 2023

14. TANGIBLE FIXED ASSETS

COST
At 1 January 2023
Additions
At 31 December 2023
DEPRECIATION
At 1 January 2023
Charge for year
At 31 December 2023
NET BOOK VALUE
At 31 December 2023
At 31 December 2022		 Freehold
property
£
520,918
-
520,918
41,637
10,418
52,055
468,863
479,281		 Church
equipment
£
14,671
250
14,921
11,660
1,589
13,249
1,672
3,011		 Totals
£
535,589
250
535,839
53,297
12,007
65,304
470,535
482,292

The value of the freehold property is based on an insurance valuation undertaken in 2014 plus the Net Book Value of the link constructed between the church and church hall.

15. INVESTMENT PROPERTY

£

INVESTMENT PROPERTY £
FAIR VALUE
At 1 January 2023
and 31 December 2023
NET BOOK VALUE
At 31 December 2023
At 31 December 2022		 400,000
400,000
400,000

The church cottage was valued at 31st December 2016 by the Trustees following advice from a local estate agent.

The value of the church cottage has been reviewed in this reporting year and is considered to be fair.

Page 15

continued...

PAROCHIAL CHURCH COUNCIL OF ST ALBAN'S, HINDHEAD

Notes to the Financial Statements - continued for the Year Ended 31 December 2023

16. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

Other debtors
Prepayments and accrued income
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Trade creditors
Other creditors
Accrued expenses		 2023
£
4,574
30,668
35,242
2023
£
-
995
5,602
6,597		 2022
£
10,781
28,283		 2022
£
10,781
28,283
39,064
2022
£
1,199
902
5,917
8,018

17. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

Other creditors include £161.70 held by the Church on behalf of the local branch of "Mother's Union" repayable on demand. Mother's Union is an international membership movement supporting families and communities in need of support in the UK and Worldwide since 1876.

18. ANALYSIS OF NET ASSETS BETWEEN FUNDS

Fixed assets
Investments
Current assets
Current liabilities		 Unrestricted
funds
£
1,672
-
190,216
(6,597)
185,291		 Restricted
funds
£
468,863
400,000
122,651
-
991,514		 2023
Total
funds
£
470,535
400,000
312,867
(6,597)
1,176,805		 2022
Total
funds
£
482,292
400,000
284,180
(8,018)
1,158,454

Page 16

continued...

PAROCHIAL CHURCH COUNCIL OF ST ALBAN'S, HINDHEAD

Notes to the Financial Statements - continued for the Year Ended 31 December 2023

19. MOVEMENT IN FUNDS

MOVEMENT IN FUNDS
At 1.1.23
£
Unrestricted funds
General fund
104,590
Designated
70,000
174,590
Restricted funds
Holiday Club
625
Toddler Group
490
Property Fund
879,281
Graves Trust
5,000
Nicol Trust and other donations for the
building
84,631
Hindhead Youth
8,442
Gift Bank
211
Heat and Light
5,000
Eco Church
184
Small Project Appeal
-
983,864
TOTAL FUNDS
1,158,454
Net movement in funds, included in the above are as follows:
Unrestricted funds
General fund
Restricted funds
Holiday Club
Toddler Group
Property Fund
Graves Trust
Nicol Trust and other donations for the
building
Gift Bank
Heat and Light
Small Project Appeal
TOTAL FUNDS		 Net
movement
in funds
£
10,864
-
10,864
359
418
(10,418)
-
18,449
-
(374)
(5,000)
-
4,053
7,487
18,351
Incoming
resources
£
152,121
795
818
-
36
54,887
1,792
1,000
6,520
65,848
217,969		 Transfers
between
funds
£
(163)
-
(163)
-
-
-
-
-
-
163
-
-
-
163
-
Resources
expended
£
(141,257)
(436)
(400)
(10,418)
(36)
(36,438)
(2,166)
(6,000)
(2,467)
(58,361)
(199,618)		 At
31.12.23
£
115,291
70,000
185,291
984
908
868,863
5,000
103,080
8,442
-
-
184
4,053
991,514
1,176,805
Movement
in funds
£
10,864
359
418
(10,418)
-
18,449
(374)
(5,000)
4,053
7,487
18,351

Page 17

continued...

PAROCHIAL CHURCH COUNCIL OF ST ALBAN'S, HINDHEAD

Notes to the Financial Statements - continued for the Year Ended 31 December 2023

19. MOVEMENT IN FUNDS - continued

Comparatives for movement in funds

Unrestricted funds
General fund
Designated
Restricted funds
Holiday Club
Toddler Group
Property Fund
Graves Trust
Nicol Trust and other donations for the
building
Hindhead Youth
Gift Bank
Heat and Light
Eco Church
TOTAL FUNDS		 At 1.1.22
£
88,815
70,000
158,815
405
299
889,699
5,036
108,543
8,617
-
-
-
1,012,599
1,171,414		 Net
movement
in funds
£
15,775
-
15,775
220
191
(10,418)
(36)
(23,912)
(175)
211
5,000
184
(28,735)
(12,960)		 At
31.12.22
£
104,590
70,000
174,590
625
490
879,281
5,000
84,631
8,442
211
5,000
184
983,864
1,158,454

Comparative net movement in funds, included in the above are as follows:

Unrestricted funds
General fund
Restricted funds
Holiday Club
Toddler Group
Property Fund
Graves Trust
Nicol Trust and other donations for the
building
Hindhead Youth
Gift Bank
Heat and Light
Eco Church
Disasters Emergency Committee
TOTAL FUNDS		 Incoming
resources
£
155,763
530
834
-
36
30,361
-
2,310
5,000
394
127
39,592
195,355		 Resources
Movemen
expended
in funds
£
£
(139,988)
15,775
(310)
220
(643)
191
(10,418)
(10,418)
(72)
(36)
(54,273)
(23,912)
(175)
(175)
(2,099)
211
-
5,000
(210)
184
(127)
-
(68,327)
(28,735)
(208,315)
(12,960)		 Resources
Movemen
expended
in funds
£
£
(139,988)
15,775
(310)
220
(643)
191
(10,418)
(10,418)
(72)
(36)
(54,273)
(23,912)
(175)
(175)
(2,099)
211
-
5,000
(210)
184
(127)
-
(68,327)
(28,735)
(208,315)
(12,960)
(28,735)
(12,960)

Page 18

continued...

PAROCHIAL CHURCH COUNCIL OF ST ALBAN'S, HINDHEAD

Notes to the Financial Statements - continued for the Year Ended 31 December 2023

19. MOVEMENT IN FUNDS - continued

Holiday Club - This is a community holiday club in the summer and children pay a fee to attend.

Toddler Group - This group of under 5s with their carers meet on Wednesdays for activities in the Church Hall. Donations are given towards costs.

Property Fund - This fund represents the book value of the Church Cottage and Church Hall.

Graves Trust - £5,000 is held for the upkeep of the graves of Mr Nicol and his sister. A small amount is received each year from the Commonwealth War Graves and is spent appropriately.

Nicol Trust - This fund is to provide for the general upkeep, maintenance, and improvements to the Church and Graveyard, and other Charitable in law causes as they relate to the Church.

Hindhead Youth Account - This fund was set up with the specific aim of funding a youth and children's worker and related costs.

Eco Church - the church is reviewing all aspects of its impact on the environment and working to promote environmental issues to the congregation and community. Funds were raised towards this activity and costs incurred in the work carried out.

Disasters Emergency Committee - collections were held for the benefit of Ukraine and passed on to the DEC charity.

Gift Bank - the church held a gift bank event and also worked with the local school to provide gifts to needy families in December 2022. As well as donations of goods, monetary donations were received and used to buy additional gifts and to cover costs of the event.

Heat and Light - This fund represents the donations received in the year to be set off against the Church's utility bills.

Designated Fund - The PCC have designated this fund for future major projects.

20. RELATED PARTY DISCLOSURES

Members of the Parochial Church Council gave £9,580 (2022: £8,195) to the charity during the year.

The charity receives administration services from Rebecca Willows who is the spouse of a member of the council and a member of the Council herself. During the year £7,224 (2022: £6,958) was paid to Rebecca Willows .

Manormead Chapel, an unincorporated organisation, concludes its financial year on 31 July 2023 with reported income of £3,217 and reported expenditure of £3,506. Reverent Richard Bodle conducts a mid-week communion service designated by the Bishop for the Parish.

Page 19

PAROCHIAL CHURCH COUNCIL OF ST ALBAN'S, HINDHEAD

Detailed Statement of Financial Activities for the Year Ended 31 December 2023

Unrestricted
Restricted
funds
funds
£
£
INCOME AND ENDOWMENTS
Donations and legacies
Planned giving
89,760
-
Collections
3,170
2,793
Gift aid
20,099
-
Legacies
-
54,886
Charitable donations
1,103
-
Grants
-
-
War Graves
-
36
Small Projects Appeal
-
6,520
114,132
64,235
Other trading activities
Holiday Club
-
795
Toddler Group
-
818
Church hall hire
20,073
-
20,073
1,613
Investment income
Cottage rent
11,400
-
CCLA and bank interest
1,870
-
13,270
-
Charitable activities
Fees
4,051
-
Other income
Other income
595
-
Total incoming resources
152,121
65,848
EXPENDITURE
Raising donations and legacies
Church Hall expenses
10,630
-
Letting costs
2,289
-
Event expenses
256
-
13,175
-		 2023
Total
funds
£
89,760
5,963
20,099
54,886
1,103
-
36
6,520
178,367
795
818
20,073
21,686
11,400
1,870
13,270
4,051
595
217,969
10,630
2,289
256
13,175		 2022
Total
funds
£
93,334
9,536
23,861
31,361
1,192
1,000
36
-
160,320
530
834
15,608
16,972
12,000
519
12,519
4,995
549
195,355
7,494
2,204
574
10,272

This page does not form part of the statutory financial statements

Page 20

PAROCHIAL CHURCH COUNCIL OF ST ALBAN'S, HINDHEAD

Detailed Statement of Financial Activities for the Year Ended 31 December 2023

Unrestricted
Restricted
funds
funds
£
£
Raising donations and legacies
Charitable activities
Diocesan Parish Share
75,707
-
Music (including Organist)
1,940
-
Clergy
3,689
-
Vicarage
535
-
Cost of Services
3,829
-
Adult Training
930
-
Junior Church
10
-
Holiday Club
-
436
Toddler Group
-
400
Outreach
723
-
Gift Bank
-
2,166
Eco Church
-
-
War graves
-
36
Disasters Emergency Committee
-
-
Small Projects Appeal
-
2,467
Grants to institutions
9,823
-
Grants to individuals
200
-
97,386
5,505
Support costs
Expenditure related to Church
Minor repairs and maintenance
4,082
-
Insurance
4,775
-
Utilities
6,070
6,000
Cleaning
2,362
-
Churchyard expenses
-
6,293
Fabric
-
3,847
Stone work
-
-
North West Corner
-
17,530
Gutter works
-
8,768
Depreciation of f/hld property
-
10,418
17,289
52,856
Administrative and governance costs
Printing, postage & stationery
2,443
-
Administrator
7,224
-
Other
201
-
Independent Examination
1,950
-
Depreciation of equipment
1,589
-
13,407
-		 2023
Total
funds
£
75,707
1,940
3,689
535
3,829
930
10
436
400
723
2,166
-
36
-
2,467
9,823
200
102,891
4,082
4,775
12,070
2,362
6,293
3,847
-
17,530
8,768
10,418
70,145
2,443
7,224
201
1,950
1,589
13,407		 2022
Total
funds
£
74,376
2,011
1,461
2,161
2,800
94
50
310
643
1,235
2,099
210
72
127
-
9,372
-
97,021
4,341
4,694
8,072
2,772
1,525
130
54,273
-
-
10,418
86,225
1,938
6,958
380
1,900
3,621
14,797

This page does not form part of the statutory financial statements

Page 21

PAROCHIAL CHURCH COUNCIL OF ST ALBAN'S, HINDHEAD

Detailed Statement of Financial Activities for the Year Ended 31 December 2023

Unrestricted
Restricted
funds
funds
£
£
Total resources expended
141,257
58,361
Net (expenditure)/income
10,864
7,487		 2023
Total
funds
£
199,618
18,351		 2022
Total
funds
£
208,315
(12,960)

This page does not form part of the statutory financial statements

Page 22