2024-12-31-accounts

The Parochial Church Council of the Ecclesiastical Parish of All Saints, Crowborough

Charity number: 1134795

All Saints and St Richard’s Churches, Crowborough

Trustees’ Annual Report

For the year ending 31 December 2024

All Saints and St Richard's Church PCC

Contents (continued)

Contents (continued)
Trustees' Report	1 to 9
Statement of Trustees' Responsibilities	10
Independent Examiner's Report	11
Statement of Financial Activities	12 to 13
Balance Sheet	14
Notes to the Financial Statements	15 to 31

All Saints and St Richard's Church PCC

Trustees’ Report

Aims and purposes

The PCC works with the minsters and other staff to promote the whole mission of the Church.

At All Saints our desire is, as God’s household of faith in Crowborough, to be a community that is committed to helping each other and new people to ‘Discover Jesus’ and in him to ‘Discover Life’.

• ‘Discover Jesus’: Our aim is that more people, through the witness of our churches, will discover Jesus as their Lord and Saviour.

• ‘Discover Life’: Our aim is to be disciple-makers. We want to grow together as disciples of Jesus who has come to give us life to the full now, and life eternally with him.

St Richard’s vision is “Living for the GLORY of Christ and the BENEFIT of others”.

• Knowing Jesus – though his Word and prayer.

• Showing Jesus – though our lifestyle and community action.

• Sharing Jesus – through evangelism and using our gifts.

Objectives and activities

Our primary objective is the promotion of the Gospel of our Lord Jesus Christ according to the teaching of God's Word, The Bible, and enabling as many people as possible to find a living faith in Jesus Christ, and to become part of the Church Family, through worship and prayer, pastoral care and evangelistic and missionary work.

Activities, achievements and performance

We work from two sites within the parish:

At All Saints

We continued to work to our House Vision this year, and many of our activities fall in one of the ‘rooms’ of the House.

Accessible for all ages, stages, abilities, backgrounds, and nationalities

We provide activities for an increasing number of children and young people, on Sundays and midweek, and through our annual Holiday club.

We welcome young people with additional needs to do work experience in our café and other ministries.

There is a weekly class teaching English as a second language.

We run the Barnabas group to support people with dementia and their carers.

We run a weekly friendship and outreach group for retired people, Young @ Heart. Occasional ‘Senior Moments’ lunches and teas complement this.

We want to welcome all people, and run a termly welcome and belonging morning and meal for new comers.

As well as the usual services marking Armistice Day and Remembrance Sunday when we hold a service for the town and its uniformed organisations, we held a short service to mark the anniversary of the invasion of Ukraine for Crowborough’s many Ukrainian residents.

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Loving God in our Sunday and Midweek Gatherings.

The PCC maintains an overview of our worship and how our services and evangelistic witness can best reach the many groups that live within our parish.

We welcome over 400 adults and children over four services each Sunday, plus monthly Evensong and ‘Thirsty’ pop-up praise.

Music ministry is a key aspect of this as various people serve in the sung worship of our church through a variety of styles.

Music Hub meets monthly as a pipeline to train future musicians and worship leaders. We host occasional meals after the evening service to help that congregation get to know one another.

Loving our Neighbour

During the week we were glad to host the Crowborough Community Fridge and to provide a safe social space for all at Chat @Hope Cafe.

Many members of our Church family serve and lead in the Crowborough Foodbank. A Chaplaincy team visit several times a week in the local Hospital.

Members of the church support the work of the Sir Henry Fermor Trust as it provides financial support to help the work of our church school Sir Henry Fermor Church of England Primary School.

We hosted a service of celebration of 150 years of the local Alms-houses; many of the trustees and volunteers are members of our church family.

Shepherding One another

Pastoral care for our large church is met through home groups and the pastoral team which is led by the Pastoral Care Co-ordinator.

Prayer Ministry is offered each week after our main services.

Biblical Counselling is being offered through Nicole Ashton and is proving to be a real help to many as they grapple with issues and seek prayerful biblical wisdom.

The Ministry Team seek to visit those who are no longer able to attend church as well as those in serious need in hospitals and care homes.

We work in partnership with Biblical Counselling UK and currently have an intern offering counselling to those who need encouragement in particular situations.

A ‘Prayer Focus’ ministry exists for specific prayer needs. This is a confidential ministry where a group of intercessors pray for matters that members of the Church Family request. Around 25 couples came to a Marriage Course evening as we aimed to support couples in their marriages.

Our annual church camping weekend ‘FEST’ continues to be great time when the Church family can enjoy teaching and fellowship.

Announcing the Good News of Jesus

We again ran ‘Honest Questions’ in the local pub, giving the opportunity for all to discuss big issues and see how these are addressed in the life and person of Jesus. Together with the follow on ‘Life Series’, these proved to be very fruitful.

We have seen new people coming to faith and many being baptised. This is such a joy to us all.

The Summer Dog Show was another way to connect with the local community as was Arts by the Green, a week-long exhibition with creative workshops. We welcomed the All Souls

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orchestra who put on a concert in October. Members of the congregation also joined the gathered choir and performed at the Albert Hall in May

Our annual Holiday Club and weekly kids and youth ministry is a brilliant way to share the gospel with the next generation.

Instructing Each Other with God’s Word

We believe that when God’s word is taught, his voice is heard.

Bible teaching and study is a key aspect of our discipleship.

Sunday and midweek gatherings of children, young people and adults are a priority for us. Home groups meet for fellowship, prayer and Bible study. A number of Women’s Bible Study groups meet regularly, as well as a Men’s Group.

We seek to provide resources to encourage individuals in Daily Bible Study.

Three times a year we have a special Book Sunday where Christian books are promoted and sold.

The book room is also a great resource where church family can borrow books that will help them grow in the faith.

We specifically promote a Lent and Advent devotional book to help us in our walk with the Lord.

All our sermons are recorded and available online. Our three main Sunday service are livestreamed which is greatly appreciated by those who can’t get out.

Networking with Other Churches for Church Planting and Encouragement.

The parish supports the Church of England Evangelical Council (CEEC) strengthening links with other orthodox Anglican churches and the Sussex Gospel Partnership (SGP) (whose annual conference we also host), giving and receiving encouragement with other churches in the area, and offering occasional cover for holidays, staff shortage etc

We also met as a Staff Team with other learner churches - St Peter’s Brighton, St John’s Crawley, and Chanctonbury Churches to build partnership across evangelical tribes and to pray for Sussex.

Training People for ministry

Members of staff teach on the SGP Ministry Training Course, and Adam Thrift our Associate Minister (Youth and Training) sits on the Steering Group. Both he and Sarah Thrift are involved in teaching more widely, for example for the national organisation Growing Young Disciples

Tuesday Bible school is a weekly day time group to equip people to understand God’s word and theology better.

We run a Ministry Trainee scheme giving people the opportunity to volunteer for a year and experience ministry first hand and to receive training.

Supporting World Mission

We partner with several people involved in gospel work around the world, encouraging the church family to support them in prayer and financially.

The World Mission Group coordinate this work, ensuring that prayer needs are communicated with the church family and raising the profile of World Mission at our annual World Mission Sunday.

Everything is built on the Foundation of the Bible and Prayer

We create many opportunities for prayer:

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Prayer ministry on Sundays, the staff meet every day to pray, the Prayer Chapel is open to anyone on Friday mornings where we pray for the weekend ahead and we gather for a growing monthly Praise and Prayer meeting.

A monthly World Mission prayer gathering is held to pray for our Mission Partners.

All we do is enabled by the frame, that is everyone serving, using our gifts, finances and buildings for the growth and development of the ministry of All Saints and St Richard’s.

In June 2024 we had a consultation period with Andy Bagwell, formerly of with UCAN (UK Churches Administrators Network), which reviewed our organisational, and operational effectiveness, administrative systems, and communications. Out of this we worked together on articulating a new vision which will inform our priorities for 2025

We rejoice in the generosity of God’s people that funds the ministry and mission of All Saints, particularly in the response to Generosity Sunday

We are grateful for the support of our Diocese and all they are doing to stand up for orthodox biblical Ministry.

We are so thankful for the amazing number of volunteers at All Saints and the vital part they play in us being ‘one body’ serving the Lord together.

Everyone is gifted by God’s Spirit to use their gifts as member of his body; our desire is that people find their place and find joy in serving with us in the gospel.

We are thankful for our staff team and all they do to serve us and develop ministry. The consultation helped us consider the leadership structure which is an ongoing process We are blessed with amazing buildings and are grateful to the fabric team and site managers for all they do to maintain these spaces.

Our kids and youth work continue to grow. Over 30 young people attended the Lakeview Venture camp and many of our church family volunteered as leaders. It has been a significant event in the faith journeys of many of the youngsters.

Women’s work has included a Graze night with speaker, and a Frocks and Fizz summer event. We host the annual Southern Women’s Convention which brings together over 300 women from across the South for teaching and encouragement. For men, a curry night and a weekend away helped build relationships

The 20s groups has seen significant growth this year and this age group are now well represented in our congregation

We have a strong partnership with our church school, Sir Henry Fermor and take weekly assemblies and music practice, whilst also hosting their monthly service for children and their families. This is a great partnership; our Vicar and other church members are governors at SHF.

As well as our regular services, we enabled people throughout our community to celebrate and thank God at the milestones of their journey through life. In 2024 we had 3 weddings, 5 baptisms and 1 thanksgiving for a child. There were 17 funerals held in our churches and our ministry team conducted a further 12 at a crematorium, cemetery or another church.

Numbers

• At the end of 2024 there were 604 parishioners on the Church Electoral Roll o 532 at All Saints

• 72 at St Richard’s

• The usual Sunday attendance

• At All Saints was 383 adults plus 87 children.

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o At St Richard’s it was 56 adults plus 15 children

At St Richard’s

2024 has been another encouraging year, with new people joining our community and a growing number of initiatives to help our wider community thrive.

St Richard’s Sunday service is Anglican in structure yet informal in feel, with many people within the congregation encouraged to take part. There is a celebration of The Lord’s Supper, usually on the third Sunday of each month, which is led by a minister from All Saints. Our Sunday services start at 10:45am and maintain a worshipping community of around 65 people including up to 21 children who go to their own sessions part way through the main gathering with crèche facilities provided for the youngest.

We attract a small flow of visitors on Sunday mornings, with Christmas and Easter services attracting significantly higher numbers often over 60% of attendees who do not regularly worship together with us.

Our weekday activities include four St Richard’s home groups, which meet weekly with one each month being the church family prayer meeting. Mondays are the busiest weekday with initiatives taking place throughout the day. The men’s sausage roll club meet in the morning in various cafés around town. In partnership with the local community association, we have set up a monthly Café which attracts up to 30 people for conversations, cakes and refreshments. We rebranded some of our groups this year, with the Southern Crowborough Craft Group that meets in the afternoons, doubling the former Knit and Knatter group in size. New for 2024 was the Southern Crowborough “Walk in the Park” group seeking to help our wellbeing which saw seeing up to 10 people meeting up. Once a month our “Friendship Hour” offers companionship for seniors. In the evening our Connect youth group runs in partnership with Forest Fold Baptist Church seeking to reach out into our local community, with up to 50 parents and children coming along.

On Tuesday mornings we run “Little Seeds” a group for pre-school children accompanied by parents and child-minders. This is very popular and there is always a waiting list for places. We meet every Wednesday lunchtime to pray and enjoy fellowship together. On the first Thursday of each month around 20 members of the church meet for prayer. On Thursdays once a month a group go into a local care home where they lead a worship service, offer communion to those who would like to, as well as individual visitations.

On Friday mornings we have a Bible study group for ladies. New for 2024 has been a men’s ministry group who meet roughly every 2 months for a drink, discuss a spiritual topic. Latterly we have joined up with another men’s group at a church in town to form the “Crowborough Men of Faith” group who similarly seek to encourage men in their faith and equip in sharing their faith.

Each week we produce a newsletter which includes a resources section and prayer diary, keeping our community up-to-date with what is going on, what they can be involved with, how they can develop spiritually and items for prayer. In-between church organised events, our buildings are regularly used by local associations and groups, including housing associations, fitness/dance clubs, interest/hobby clubs like U3A and those providing care services in the community such as Good Company People, who support those with dementia, first aid courses for those with dogs, and of course many birthday parties.

At Christmas as well as our usual Christingle service - which is always full - we were able, once again, to sing carols around two of the estates in our area, which was very much appreciated by the residents.

To find out more about what St Richard’s does please check out our website for further information and an overview of new and existing ministries.

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Plans for future periods

We plan to launch a new Vision for ministry in 2025. This is one of the areas that was highlighted in the Report that was produced by Andrew Bagwell.

We have created a plan for the maintenance and development of our buildings, which will include installing a new disabled toilet next to the main worship space. Decision will need to be made about what to prioritise; lighting and improving the downstairs area of the church are high priorities.

We will continue working with the CEEC and the Alliance for an orthodox space within the Church of England in light of the Prayers of Love and Faith (PLF), prayerfully planning to secure evangelical Anglican ministry for Crowborough for generations to come.

Financial review

Planned giving for 2024 increased by 20% from the preceding year. Planned giving 2024 £451,914 Planned giving 2023 £376,962 Increase £74,952

The major expenditure for 2024 and the comparative figures for 2023 were:

	2024	2023
	£	£
Staff Costs and expenses	301,471	274,278
Running and maintenance costs	200,017	248,211
Parish Share	145,673	132,456
Missionary and charitable giving	91,624	53,503
Ministry Group costs	55,800	39,437

Reserves policy

It is the policy of the PCC to maintain a balance in the unrestricted funds to the equivalent of at least three months' unrestricted payments as contingency and to designate, subject to economic circumstances, a minimum of £10,000 annual to the Building and Maintenance Fund to allow compliance with recommendations in the next quinquennial report.

At the end of the year unrestricted and designated funds were £539,119 and restricted were £13,374. All Saints and St Richard’s General funds stood at £173,262. The unrestricted funds are therefore sufficient to comply with the reserves policy.

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Structure, governance and management

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

The PCC is a registered charity.

Members of the PCC are elected by the Annual Parochial Church Meeting (APCM) or co-opted in accordance with the Church Representation rules. The membership of the PCC consists of the incumbent (our Vicar), Associate Vicars, Curate, Churchwardens, members elected by those members of the congregation who are on the Electoral Roll of the church, and those who represent the parish on Deanery Synod (also elected by members of the Electoral Roll. Members of the parish who are on Diocesan or General Synod are also on PCC ex officio.

Members of the congregation are encouraged to register on the Electoral Roll.

The PCC has the responsibility of co-operating with the incumbent, the Reverend Steve Rees, in promoting in the ecclesiastical parish the whole mission of the Church – evangelistic, pastoral, social and ecumenical – and is also specifically responsible for the maintenance of the Church Centre and Halls of All Saints and St Richard's.

The PCC members are responsible for making decisions on all matters of general concern and importance to the parish including deciding on how the General Fund, World Mission Fund and other funds of the PCC are to be spent. The day to day running of the Church is delegated to Management Teams and Members of Staff.

The PCC have established the following subcommittees all of who make recommendations to the full PCC for approval:

• St Richard’s Management Committee – to oversee the running of St Richard’s

• Finance Committee – to give more detailed analysis of the finances and report to the PCC

• Fabric Committee – to review the maintenance of the church buildings and recommend priorities to the PCC.

• World Mission Group – to promote World Mission including making recommendations for grants and gifts.

• Remunerations Committee – to recommend any changes in pay for staff employed by the PCC.

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Administrative information

Charity Name Working Name Trustees / PCC members Charity number Locations Websites Independent Financial Examiners Bankers	The Parochial Church Council of the Ecclesiastical Parish of All Saints, Crowborough All Saints PCC, Crowborough Revd Stephen Rees Revd Mark Rapley LLM Revd Nicholas Ashton Revd Canon Robert Dillingham Revd Peter Winstone Adam Thrift LLM Stephen Dennison, Churchwarden, Diocesan & Deanery Synod Thomas McDowell, Churchwarden Ian Macdowell, Diocesan and Deanery Synod Catherine Allen, Deanery Synod Julie Bradshaw, Deanery Synod (until 8 Aug 2024) David Buck, Deanery Synod (until 1 Feb 2024) Katharine Fairbairn, Deanery Synod Irena Morrison, Deanery Synod Judy Acheson, PCC Elected member Steven Burns, PCC Elected member Janet Galt, PCC Elected member Jane Brackpool, PCC Elected member John Summers, PCC Elected member David Alexander, PCC Elected member Lindsay Freelove, PCC Elected member Jill Sandercott, PCC Elected member Stuart Smith, PCC Elected member Adrian Bailey, Treasurer and PCC Co-opted Member 1134795 All Saints Church Church Road Crowborough TN6 1ED St Richard's Church Fermor Road Crowborough TN6 3AP www.allsaintscrowborough.org www.strichardscrowborough.org Redshield Chartered Accountants Suite 3, 1-3 Warren Court, Park Road Crowborough East Sussex TN6 2QX National Westminster Bank Plc	The Parochial Church Council of the Ecclesiastical Parish of All Saints, Crowborough All Saints PCC, Crowborough Revd Stephen Rees Revd Mark Rapley LLM Revd Nicholas Ashton Revd Canon Robert Dillingham Revd Peter Winstone Adam Thrift LLM Stephen Dennison, Churchwarden, Diocesan & Deanery Synod Thomas McDowell, Churchwarden Ian Macdowell, Diocesan and Deanery Synod Catherine Allen, Deanery Synod Julie Bradshaw, Deanery Synod (until 8 Aug 2024) David Buck, Deanery Synod (until 1 Feb 2024) Katharine Fairbairn, Deanery Synod Irena Morrison, Deanery Synod Judy Acheson, PCC Elected member Steven Burns, PCC Elected member Janet Galt, PCC Elected member Jane Brackpool, PCC Elected member John Summers, PCC Elected member David Alexander, PCC Elected member Lindsay Freelove, PCC Elected member Jill Sandercott, PCC Elected member Stuart Smith, PCC Elected member Adrian Bailey, Treasurer and PCC Co-opted Member 1134795 All Saints Church Church Road Crowborough TN6 1ED St Richard's Church Fermor Road Crowborough TN6 3AP www.allsaintscrowborough.org www.strichardscrowborough.org Redshield Chartered Accountants Suite 3, 1-3 Warren Court, Park Road Crowborough East Sussex TN6 2QX National Westminster Bank Plc

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Annual report approved by the PCC on ________ 2025 and signed on their behalf by:

Rev Stephen Rees Dr Stephen Dennison Thomas McDowell (Chair of Trustees) (Trustee) (Trustee)

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All Saints and St Richard's Church PCC

Statement of Trustees' Responsibilities

The trustees are responsible for preparing the trustees' report and the financial statements in accordance with the United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) and applicable law and regulations.

The law applicable to charities requires the trustees to prepare financial statements 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 resources of the charity for that period. In preparing these financial statements, the trustees are required to:

• select suitable accounting policies and then apply them consistently;

• observe the methods and principles in the Charities SORP;

• make judgements and estimates that are reasonable and prudent;

• state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; and

• prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.

The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charities (Accounts and Reports) Regulations 2008, and the provisions of the constitution. The trustees 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.

The trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charitable company's website. Legislation governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

Approved by the trustees of the charity on .................... and signed on its behalf by:

......................................... Reverend Stephen Philip Rees Trustee

......................................... Dr Steve Dennison Trustee

......................................... Mr Thomas McDowell Trustee

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All Saints and St Richard's Church PCC

Independent Examiner's Report to the trustees of All Saints and St Richard's Church PCC

I report to the trustees on my examination of the accounts of All Saints and St Richard's Church PCC for the year ended 31 December 2024.

Responsibilities and basis of report

As the charity trustees of All Saints and St Richard's Church PCC 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 All Saints and St Richard's Church PCC's accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiner’s statement

Since All Saints and St Richard's Church PCC's gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of ICAEW, which is one of the listed bodies.

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

1. accounting records were not kept in respect of All Saints and St Richard's Church PCC as required by section 130 of the Act; or

2. the accounts do not accord with those records; or

3. the accounts do not comply with the accounting 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.

...................................... Juliet Morris Chartered Accountants ICAEW

Suite 3, 1 - 3 Warren Court Park Road Crowborough East Sussex TN6 2QX

Date:.............................

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All Saints and St Richard's Church PCC

Statement of Financial Activities for the Year Ended 31 December 2024

Statement of Financial Activities for the Year Ended 31 December 2024	Statement of Financial Activities for the Year Ended 31 December 2024
Note Unrestricted £ Restricted £ Total 2024 £
Income and Endowments from:
Donations and legacies 2	643,378 16,238 659,616
Charitable activities 3	87,519 6,416 93,935
Other trading activities 4	373 - 373
Investment income 5	25,647 - 25,647
Total income	756,917 22,654 779,571
Expenditure on:
Charitable activities 7	(762,993) (31,592) (794,585)
Total expenditure	(762,993) (31,592) (794,585)
Net expenditure	(6,076) (8,938) (15,014)
Gross transfers between funds	4,633 (4,633) -
Net movement in funds	(1,443) (13,571) (15,014)
Reconciliation of funds
Total funds brought forward	540,562 26,945 567,507
Total funds carried forward 19	539,119 13,374 552,493

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All Saints and St Richard's Church PCC

Statement of Financial Activities for the Year Ended 31 December 2024 (continued)

Statement of Financial Activities for the Year Ended 31 December 2024 (continued)	Statement of Financial Activities for the Year Ended 31 December 2024 (continued)
Note Unrestricted £ Restricted £ Total 2023 £
Income and Endowments from:
Donations and legacies 2	568,260 69,532 637,792
Charitable activities 3	73,769 4,463 78,232
Other trading activities 4	1,011 - 1,011
Investment income 5	24,159 - 24,159
Total income	667,199 73,995 741,194
Expenditure on:
Raising funds 6	(221) - (221)
Charitable activities 7	(678,494) (69,391) (747,885)
Total expenditure	(678,715) (69,391) (748,106)
Net (expenditure)/income	(11,516) 4,604 (6,912)
Gross transfers between funds	(13,865) 13,865 -
Net movement in funds	(25,381) 18,469 (6,912)
Reconciliation of funds
Total funds brought forward	565,943 8,476 574,419
Total funds carried forward 19	540,562 26,945 567,507

All of the charity's activities derive from continuing operations during the above two periods. The funds breakdown for 2023 is shown in note 19.

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All Saints and St Richard's Church PCC

(Registration number: 1134795) Balance Sheet as at 31 December 2024

(Registration number: 1134795) Balance Sheet as at 31 December 2024	(Registration number: 1134795) Balance Sheet as at 31 December 2024
Note 2024 £ 2023 £
Fixed assets
Tangible assets 14	135,828 137,178
Current assets
Debtors 15	28,374 41,115
Cash at bank and in hand 16	421,660 428,497
	450,034 469,612
Creditors: Amounts falling due within oneyear 17	(33,369) (39,283)
Net currentassets	416,665 430,329
Netassets	552,493 567,507
Funds of the charity:
Restricted income funds
Restricted funds 19	13,374 26,945
Unrestricted income funds
Unrestricted funds	539,119 540,562
Total funds 19	552,493 567,507

The financial statements on pages 6 to 25 were approved by the trustees, and authorised for issue on .................... and signed on their behalf by:

......................................... Reverend Stephen Philip Rees Trustee

......................................... Dr Steve Dennison Trustee

......................................... Mr Thomas McDowell Trustee

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All Saints and St Richard's Church PCC

Notes to the Financial Statements for the Year Ended 31 December 2024

1 Accounting policies

Statement of compliance

The financial statements have been prepared in accordance with the second edition of the Charities Statement of Recommended Practice issued in October 2019, the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011.

Basis of preparation

All Saints and St Richard's Church PCC meets the definition of a public benefit entity under FRS 102. The accounts (financial statements) have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts.

Going concern

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

Income and endowments

Voluntary income including donations, gifts, legacies and grants that provide core funding or are of a general nature is recognised when the charity has entitlement to the income, it is probable that the income will be received and the amount can be measured with sufficient reliability.

Donations and legacies

Donations and legacies are recognised on a receivable basis when receipt is probable and the amount can be reliably measured.

Gift aid

Incoming resources from tax reclaims are included in the Statement of Financial Activities at the same time as the gift to which they relate.

Investment income

Dividends are recognised once the dividend has been declared and notification has been received of the dividend due.

Expenditure

All expenditure is recognised once there is a legal or constructive obligation to that expenditure, it is probable settlement is required and the amount can be measured reliably. All costs are allocated to the applicable expenditure heading that aggregate similar costs to that category. Where costs cannot be directly attributed to particular headings they have been allocated on a basis consistent with the use of resources, with central staff costs allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use. Other support costs are allocated based on the spread of staff costs.

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All Saints and St Richard's Church PCC

Notes to the Financial Statements for the Year Ended 31 December 2024 (continued)

Raising funds

These are costs incurred in attracting voluntary income, the management of investments and those incurred in trading activities that raise funds.

Charitable activities

Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.

Support costs

Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources, for example, allocating property costs by floor areas, or per capita, staff costs by the time spent and other costs by their usage.

Governance costs

These include the costs attributable to the charity’s compliance with constitutional and statutory requirements, including audit, strategic management and trustees meetings and reimbursed expenses.

Taxation

The charity is considered to pass the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes.

Tangible fixed assets

Individual fixed assets are initially recorded at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Depreciation and amortisation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

----- Start of picture text -----
||| |---|---| |Asset class|Depreciation method and rate| |Freehold property|Straight line - 75 years| |Long-term leasehold property|Straight line - N/A| |Office equipment|Straight line - 3 years|

----- End of picture text -----

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All Saints and St Richard's Church PCC

Notes to the Financial Statements for the Year Ended 31 December 2024 (continued)

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the charity will not be able to collect all amounts due according to the original terms of the receivables.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the charity does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the Statement of Financial Activities over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the charity has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Fund structure

Unrestricted income funds are general funds that are available for use at the trustees discretion in furtherance of the objectives of the charity.

Designated funds are unrestricted funds set aside for specific purposes at the discretion of the trustees. Restricted income funds are those donated for use in a particular area or for specific purposes, the use of which is restricted to that area or purpose.

Page 17

All Saints and St Richard's Church PCC

Notes to the Financial Statements for the Year Ended 31 December 2024 (continued)

Pensions and other post retirement obligations

The charity operates a defined contribution pension scheme which is a pension plan under which fixed contributions are paid into a pension fund and the charity has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised in the Statement of Financial Activities when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

Financial instruments

Classification

Financial assets and financial liabilities are recognised when the charity becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the charity after deducting all of its liabilities.

Recognition and measurement

All financial assets and liabilities are initially measured at transaction price (including transaction costs), except for those financial assets classified as at fair value through profit or loss, which are initially measured at fair value (which is normally the transaction price excluding transaction costs), unless the arrangement constitutes a financing transaction. If an arrangement constitutes a financing transaction, the financial asset or financial liability is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Financial assets and liabilities are only offset in the statement of financial position when, and only when there exists a legally enforceable right to set off the recognised amounts and the charity intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Financial assets are derecognised when and only when a) the contractual rights to the cash flows from the financial asset expire or are settled, b) the charity transfers to another party substantially all of the risks and rewards of ownership of the financial asset, or c) the charity, despite having retained some, but not all, significant risks and rewards of ownership, has transferred control of the asset to another party.

Financial liabilities are derecognised only when the obligation specified in the contract is discharged, cancelled or expires.

Page 18

All Saints and St Richard's Church PCC

Notes to the Financial Statements for the Year Ended 31 December 2024 (continued)

Debt instruments

Debt instruments which meet the following conditions are subsequently measured at amortised cost using the effective interest method:

(a) The contractual return to the holder is (i) a fixed amount; (ii) a positive fixed rate or a positive variable rate; or (iii) a combination of a positive or a negative fixed rate and a positive variable rate.

(b) The contract may provide for repayments of the principal or the return to the holder (but not both) to be linked to a single relevant observable index of general price inflation of the currency in which the debt instrument is denominated, provided such links are not leveraged.

(c) The contract may provide for a determinable variation of the return to the holder during the life of the instrument, provided that (i) the new rate satisfies condition (a) and the variation is not contingent on future events other than (1) a change of a contractual variable rate; (2) to protect the holder against credit deterioration of the issuer; (3) changes in levies applied by a central bank or arising from changes in relevant taxation or law; or (ii) the new rate is a market rate of interest and satisfies condition (a).

(d) There is no contractual provision that could, by its terms, result in the holder losing the principal amount or any interest attributable to the current period or prior periods.

(e) Contractual provisions that permit the issuer to prepay a debt instrument or permit the holder to put it back to the issuer before maturity are not contingent on future events, other than to protect the holder against the credit deterioration of the issuer or a change in control of the issuer, or to protect the holder or issuer against changes in levies applied by a central bank or arising from changes in relevant taxation or law.

(f) Contractual provisions may permit the extension of the term of the debt instrument, provided that the return to the holder and any other contractual provisions applicable during the extended term satisfy the conditions of paragraphs (a) to (c).

Debt instruments that are classified as payable or receivable within one year on initial recognition and which meet the above conditions are measured at the undiscounted amount of the cash or other consideration expected to be paid or received, net of impairment.

With the exception of some hedging instruments, other debt instruments not meeting these conditions are measured at fair value through profit or loss.

Commitments to make and receive loans which meet the conditions mentioned above are measured at cost (which may be nil) less impairment.

Page 19

All Saints and St Richard's Church PCC

Notes to the Financial Statements for the Year Ended 31 December 2024 (continued)

Investments

Investments in non-convertible preference shares and non-puttable ordinary or preference shares (where shares are publicly traded or their fair value is reliably measurable) are measured at fair value through profit or loss. Where fair value cannot be measured reliably, investments are measured at cost less impairment.

Investments in subsidiaries and associates are measured at cost less impairment. For investments in subsidiaries acquired for consideration including the issue of shares qualifying for merger relief, cost is measured by reference to the nominal value of the shares issued plus fair value of other consideration. Any premium is ignored.

Derivative financial instruments

The charity uses derivative financial instruments to reduce exposure to foreign exchange risk and interest rate movements. The charity does not hold or issue derivative financial instruments for speculative purposes.

Derivatives are initially recognised at fair value at the date a derivative contract is entered into and are subsequently remeasured to their fair value at each reporting date. The resulting gain or loss is recognised in statement of financial activities immediately unless the derivative is designated and effective as a hedging instrument, in which event the timing of the recognition in statement of financial activities depends on the nature of the hedge relationship.

Fair value measurement

The best evidence of fair value is a quoted price for an identical asset in an active market. When quoted prices are unavailable, the price of a recent transaction for an identical asset provides evidence of fair value as long as there has not been a significant change in economic circumstances or a significant lapse of time since the transaction took place. If the market is not active and recent transactions of an identical asset on their own are not a good estimate of fair value, the fair value is estimated by using a valuation technique.

2 Income from donations and legacies

2 Income from donations and legacies
	Unrestricted funds Restricted Total
	General funds funds
	£ £ £
Donations and legacies;
Donations from individuals	80,187 8,268 88,455
Gift aid reclaimed	108,499 - 108,499
Regular giving and capital donations	451,914 - 451,914
Other income from donations and legacies	2,778 7,970 10,748
Total for 2024	643,378 16,238 659,616
Total for 2023	568,260 69,532 637,792

Page 20

All Saints and St Richard's Church PCC

Notes to the Financial Statements for the Year Ended 31 December 2024 (continued)

3 Income from charitable activities

3 Income from charitable activities
	Unrestricted
	funds	Restricted	Total
	General	funds	funds
	£	£	£
Church centre and hall hire	57,763	-	57,763
Ministry groups	21,690	-	21,690
Fees from wedding& funerals	8,066	6,416	14,482
Total for 2024	87,519	6,416	93,935
Total for 2023	73,769	4,463	78,232

4 Income from other trading activities

	Unrestricted funds Total
	General funds
	£ £
Trading income;
Sales ofgoods and services	373 373
Total for 2024	373 373
Total for 2023	1,011 1,011
5 Investment income
	Unrestricted funds Total
	General funds
	£ £
Interest receivable and similar income;
Interest receivable on bank deposits	5,335 5,335
Income from rents	20,312 20,312
Total for 2024	25,647 25,647
Total for 2023	24,159 24,159

Page 21

All Saints and St Richard's Church PCC

Notes to the Financial Statements for the Year Ended 31 December 2024 (continued)

6 Expenditure on raising funds

a) Costs of trading activities

		Unrestricted
		funds	Total
		General	funds
		£	£
Total for	2024	-	-
Total for	2023	221	221
			Total
			costs
			£

7 Expenditure on charitable activities

7 Expenditure on charitable activities
	Unrestricted funds Restricted Total
Note	General funds funds
	£ £ £
Ministry groups	190,088 11,385 201,473
Missionary and charitable giving	81,701 9,923 91,624
Staff costs	268,391 - 268,391
Staff expenses	33,080 - 33,080
Church maintenance	- 10,284 10,284
Church maintenance	54,721 - 54,721
Church running expenses	79,449 - 79,449
Office expenses	12,584 - 12,584
Sundry expenses	26,838 - 26,838
Accountancy fees	8,168 - 8,168
Bank charges	3,023 - 3,023
Governance costs 8	4,950 - 4,950
Total for 2024	762,993 31,592 794,585
Total for 2023	678,494 69,391 747,885

Page 22

All Saints and St Richard's Church PCC

Notes to the Financial Statements for the Year Ended 31 December 2024 (continued)

	Total expenditure £
8 Analysis of governance and support costs
Governance costs
	Unrestricted funds Total
	General funds
	£ £
Independent examiner fees
Examination of the financial statements	3,600 3,600
Depreciation,amortisation and other similar costs	1,350 1,350
Total for 2024	4,950 4,950
Total for 2023	4,415 4,415
9 Net incoming/outgoing resources
Net outgoing resources for the year include:
	2024 2023
	£ £
Depreciation of fixed assets	1,350 1,350
10 Trustees remuneration and expenses
During the year the charity made the following transactions with trustees:

£26,292 (2023: £24,965) of expenses were reimbursed or paid directly to during the year.

Note Clergy "expenses" include Council tax, water rates and rentals paid. No trustees, nor any persons connected with them, have received any remuneration from the charity during the year.

No trustees have received any other benefits from the charity during the year.

Page 23

All Saints and St Richard's Church PCC

Notes to the Financial Statements for the Year Ended 31 December 2024 (continued)

11 Staff costs

The aggregate payroll costs were as follows:

11 Staff costs The aggregate payroll costs were as follows:
	2024 2023
	£ £
Staff costs during the year were:
Wages and salaries	239,028 213,344
Social security costs	15,356 11,756
Pension costs	14,007 12,744
	268,391 237,844

The monthly average number of persons (including senior management / leadership team) employed by the charity during the year expressed as full time equivalents was as follows:	The monthly average number of persons (including senior management / leadership team) employed by the charity during the year expressed as full time equivalents was as follows:
	2024 2023
	No No
Staff	11 12

No employee received emoluments of more than £60,000 during the year

12 Independent examiner's remuneration
	2024 2023
	£ £
Examination of the financial statements	3,600 3,065

Page 24

All Saints and St Richard's Church PCC

Notes to the Financial Statements for the Year Ended 31 December 2024 (continued)

13 Taxation

The charity is a registered charity and is therefore exempt from taxation.

14 Tangible fixed assets
	Land and buildings Furniture and equipment Total
	£ £ £
Cost
At 1 January2024	184,428 11,563 195,991
At 31 December 2024	184,428 11,563 195,991
Depreciation
At 1 January 2024	47,250 11,563 58,813
Charge for theyear	1,350 - 1,350
At 31 December 2024	48,600 11,563 60,163
Net book value
At 31 December 2024	135,828 - 135,828
At 31 December 2023	137,178 - 137,178

Included within the net book value of land and buildings above is £113,828 (2023 - £115,178) in respect of freehold land and buildings and £22,000 (2023 - £22,000) in respect of leaseholds.

15 Debtors

	2024 2023
	£ £
Prepayments	3,761 11,927
Other debtors	24,613 29,188
	28,374 41,115
16 Cash and cash equivalents
	2024 2023
	£ £
Cash at bank	421,660 428,497

Page 25

All Saints and St Richard's Church PCC

Notes to the Financial Statements for the Year Ended 31 December 2024 (continued)

17 Creditors: amounts falling due within one year

17 Creditors: amounts falling due within one year
	2024	2023
	£	£
Trade creditors	6,289	26,652
Other taxation and social security	4,873	3,363
Other creditors	14,515	5,668
Accruals	7,692	3,600
	33,369	39,283

18 Pension and other schemes

Defined contribution pension scheme

The charity operates a defined contribution pension scheme. The pension cost charge for the year represents contributions payable by the charity to the scheme and amounted to £14,007 (2023 - £12,744).

Contributions totalling £(3,524) (2023 - £(3,206)) were payable to the scheme at the end of the year and are included in creditors.

Page 26

All Saints and St Richard's Church PCC

Notes to the Financial Statements for the Year Ended 31 December 2024 (continued)

19 Funds

					Balance at
	Balance at 1				31
	January	Incoming	Resources		December
	2024	resources	expended	Transfers	2024
	£	£	£	£	£
Unrestricted funds
General
All Saints General Reserve	84,756	673,186	(671,078)	(278)	86,586
St Richard's General
Reserve	56,591	79,090	(67,638)	18,633	86,676
Thirsty General Reserve	6,436	-	(929)	-	5,507
All Saints Capital Reserve	123,413	-	(1,350)	-	122,063
St Richard's Capital Reserve	22,000	-	-	-	22,000
	293,196	752,276	(740,995)	18,355	322,832
Designated
All Saints Maintenance Fund	71,116	15,000	-	-	86,116
Barnabas Service	586	188	(219)	-	555
Charitable donations	47,868	-	1,854	(49,722)	-
Choir Fund	4,797	94	(3,195)	-	1,696
Holiday at Home	320	-	(105)	-	215
Legacies and Special
Projects	92,057	-	-	-	92,057
Music Group	583	-	(133)	-	450
St Richard's Building Fund	7,494	-	(1,634)	15,000	20,860
Support Fund	860	-	(500)	5,000	5,360
Young @ Heart	2,325	4,231	(4,760)	-	1,796
St Richard's O*P Worker
Fund	14,000	-	-	(14,000)	-
World Mission Gift DayFund	5,360	-	(28,178)	30,000	7,182
	247,366	19,513	(36,870)	(13,722)	216,287
Total unrestricted funds	540,562	771,789	(777,865)	4,633	539,119
Restricted funds
Choir Fund (Pegnitz)	1,583	-	-	-	1,583
All Saints Special Collection
Fund	481	8,268	(8,749)	-	-

Page 27

All Saints and St Richard's Church PCC

Notes to the Financial Statements for the Year Ended 31 December 2024 (continued)

Notes to the Financial Statements for the Year Ended 31 December 2024 (continued)	Notes to the Financial Statements for the Year Ended 31 December 2024 (continued)
Balance at 1 January 2024 £ Incoming resources £ Resources expended £ Transfers £ Balance at 31 December 2024 £
Client Fund 4,360 6,416 (10,672) - 104
Community Entertainment Fund 942 916 (617) - 1,241
Highfields Trust 992 - (96) - 896
Janet Richards Memorial Fund 2,074 - - - 2,074
Refugee Support Fund 1,104 353 (500) - 957
Organ Refurbishment Project 6,047 4,236 (10,284) - (1)
World Mission Fund - 1,080 (674) - 406
Support for others to attend events & conferences 247 1,385 - - 1,632
events & conferences
St Richard's Special	70 - - - 70
Collection Fund
St Richard's 2018 Gift Fund	4,633 - - (4,633) -
St Richard's Pastoral Fund	4,412 - - - 4,412
Total restricted funds	26,945 22,654 (31,592) (4,633) 13,374
Total funds	567,507 794,443 (809,457) - 552,493

Page 28

All Saints and St Richard's Church PCC

Notes to the Financial Statements for the Year Ended 31 December 2024 (continued)

Balance at 1 January 2023 £ Incoming resources £ Resources expended £ Transfers £ Balance at 31 December 2023 £	Balance at 1 January 2023 £ Incoming resources £ Resources expended £ Transfers £ Balance at 31 December 2023 £
Unrestricted funds
General
All Saints General Reserve 142,521 563,844 (456,716) (164,893) 84,756
St Richard's General Reserve 58,154 64,148 (64,211) (1,500) 56,591
Thirsty General Reserve 7,186 - (750) - 6,436
All Saints Capital Reserve 124,763 - (1,350) - 123,413
St Richard's Capital Reserve 22,000 - - - 22,000
354,624 627,992 (523,027) (166,393) 293,196
Designated
All Saints Maintenance Fund 69,769 - (13,653) 15,000 71,116
Barnabas Service 182 750 (346) - 586
Charitable donations 38,204 - - 9,664 47,868
Choir Fund 5,276 - (479) - 4,797
Community Entertainment Fund 226 - - (226) -
Holiday at Home 320 - - - 320
Legacies and Special Projects 60,989 36,214 (5,146) - 92,057
Music Group 1,101 - (518) - 583
St Richard's Building Fund 6,479 - (485) 1,500 7,494
St Richard's Pastoral Fund 4,412 - - (4,412) -
St Richard's Designated 2018 Gift Fund 4,633 - - (4,633) -
Support Fund 860 - - - 860
Young @ Heart 1,401 2,243 (1,319) - 2,325
St Richard's O*P Worker Fund 14,000 - - - 14,000
World Mission Gift Day Fund 3,467 - (23,362) 25,255 5,360
Designated fund for Parish	- - (110,380) 110,380 -
Share
	211,319 39,207 (155,688) 152,528 247,366
Total unrestricted funds	565,943 667,199 (678,715) (13,865) 540,562

Page 29

All Saints and St Richard's Church PCC

Notes to the Financial Statements for the Year Ended 31 December 2024

(continued)

Notes to the Financial Statements for the Year Ended 31 December 2024 (continued)	Notes to the Financial Statements for the Year Ended 31 December 2024 (continued)
Balance at 1 January 2023 £ Incoming resources £ Resources expended £ Transfers £ Balance at 31 December 2023 £
Restricted
Choir Fund (Pegnitz) 1,891 207 (515) - 1,583
All Saints Special Collection Fund - 481 - - 481
Curtains Fund 3,405 - (4,660) 1,255 -
Client Fund - 7,106 (2,746) - 4,360
Community Entertainment Fund - 1,000 (284) 226 942
Highfields Trust 1,106 - (114) - 992
Janet Richards Memorial Fund 2,074 - - - 2,074
Refugee Support Fund - 634 (30) 500 1,104
Organ Refurbishment Project - 53,707 (47,660) - 6,047
World Mission Fund - 10,543 (13,382) 2,839 -
Support for others to attend events & conferences - 247 - - 247
events & conferences
St Richard's Special	- 70 - - 70
Collection Fund
St Richard's 2018 Gift Fund	- - - 4,633 4,633
St Richard's Pastoral Fund	- - - 4,412 4,412
Total restricted funds	8,476 73,995 (69,391) 13,865 26,945
Total funds	574,419 741,194 (748,106) - 567,507

Page 30

All Saints and St Richard's Church PCC

Notes to the Financial Statements for the Year Ended 31 December 2024 (continued)

20 Analysis of net assets between funds

20 Analysis of net assets between funds
	Unrestricted funds Restricted Total funds at 31 December
	General funds 2024
	£ £ £
Tangible fixed assets	135,828 - 135,828
Current assets	436,660 13,374 450,034
Current liabilities	(33,369) - (33,369)
Total net assets	539,119 13,374 552,493
	Unrestricted funds Restricted Total funds at 31 December
	General funds 2023
	£ £ £
Tangible fixed assets	137,178 - 137,178
Current assets	442,667 26,945 469,612
Current liabilities	(39,283) - (39,283)
Total net assets	540,562 26,945 567,507

Page 31