THE PAROCHIAL CHURCH COUNCIL OF THE
ECCLESIASTICAL PARISH OF
CHRIST CHURCH ROXETH (HARROW)
ANNUAL REPORT AND AccouNTS
FOR THE YEAR ENDED
31 DECEMBER 2024
REGISTERED CHARITY NUMBER: 1134836

CONTENTS
Administrative Information
Page 1
structure, governance and management
Page 2
Objectives and activities
Achievements, performance and plans for the future
Public benef it
Page 3
Financial review
Risk Management
Reserves Policy
Page 4
Page 5
Appointment of Independent Examiner
Independent Examiner's Report
Page 6
Statement of Financial Activities
Page 7
Balance Sheet
Page 8
Notes to the Financial Statement
Accounting Policies
Incoming Resources
Resources Expended
staff Costs
Investment property and tangible fixed assets
Analysis of net assets and liabilities
Statement of funds
Related parties
Rounding
Pages 9-10
Page11
Pages 12-15
Page 14
Page 16
Page17
Page18
Page 18
Page 18

Page 1
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF
CHRIST CHURCH ROXETH (HARROW)
ANNUAL REPORT AND AccouNTS
FOR THE YEAR ENDED
31 DECEMBER 2024
Administrative information
Christ Church Roxeth is Sltuated in the London Borough of Harrow, The correspondence address is Christ Church
Roxeth, Roxeth Hill, Harrow, Middlesex, HA2 OJN. The Parochial Church Council IPCCI is, by Section 3 of the
Parochial Church Councils (Powers) Measure 1956, a body corporate with perpetual succession and a charity
previously excepted from registration with the Charity Commission. Since the implementation of the Charities Act
2006, it has been a requ irement of a PCC with the financial income of Christ Church to register as a charity with the
Charity Commission. This was undertaken in September 2009, and the date for the PCC registration was confirmed as
11 March 2010 (Charity No. 11348361.
The Annual Report and Accounts are independently examined by David Green of Gowers Ltd who can be contacted at
The Old School House, Bridge Road, Hunton Bridge, Kings Langley, Herts, WD4 8SZ. The PCC banks at HSBC Bank,
31 Holborn Circus, London, EC1 N 2HR.
PCC members who served between 1 January 2023 and the date this report was signed are..
Member
Dates (where part onlyl
Role
Clergy,.
The Revd Simon Durrant
The Revd Marj Mott
The Revd Elaine Weaver
The Revd Kailean Khongsai
Vicar & Chair
Associate Vicar
Associate Vicar
Assistant Curate
luntil 2. March 20241
(from 29 June 20241
Churchwardens,.
Sue Arnold
Paul Gabriel
Oliver Sormaz
Vice-chair
lunti128 Apri120241
(from 26th May 20241
General Synod..
Clive Scowen
Alan Smith
Licensed Lay Minister
Diocesan Synod..
Carol Sormaz
Ifrom 11 July 20241
Deanerysynod,.
Jenny Parker
Penny Carballo-smith
Joy Chiutare-Rotinwa
Elected..
David Arnold
Nicola Bielicki
Rachel Calvey
Penny Carballo-smith
Bola George
Jean-Leandre Guede
Marianne Isherwood
Jenny Parker
Ashok Thadi
Arthur Akhurst
Annette Glaw
Helen Ellis
(until 28th April 20241
Secretary
lalso on Deanery Synod)
lalso on Deanery Synod)
Treasurer

Anne-marie Dennis
Sue White
Paul Gabriel
Page 2
(from 28th April 20241
Ifrom 28 April 20241
(from 26 May 20241
Appointed
Barbara Kuekes-Patel
If rom 28th April 20241
PCC Secretary
STRUCTURE, GOVERNANCE AND MANAGEMENT
The method of appointment of PCC members is set out in the Church Representation Rules. All baptised lay habitual
worshippers over the age of 16 are encouraged to register on the Electoral Roll compiled by the Electoral Roll Officer.
Members of the Electoral Roll are entitled to vote in the election of members to the Deanery Synod and the PCC, and
to stand for election after six months of membership.
The Annual Meeting of Parishioners IAMPI and Annual Parochial Church Meeting IAPCMI were held on Sunday 28 April
2024 in person. The AMP elected one churchwarden and the APCM elected three parochial representatives of the laity
to the PCC. A further churchwarden and one additional PCC member were elected at a Special Meeting of Parishioners
on 28 May. At 31 December 2024, there were 198 members on the Electoral Roll (compared with 192 in December
20231.
Matters of policy and substance are discussed at PCC meetings. Financial liaison with the Treasurer and day-to-day
spending decisions are undertaken by the Churchwardens and budget holders within parameters agreed at the
Standing Committee,
Assistant Churchwardens were appointed by the PCC to assist the Churchwardens in fulf illing their statutory
responsibilities during church seNices. Those that served during the year were David Arnold, Denis Barker, Paul
Gabriel, Clive Scowen, Mark Slatter, Alan Smith and Oliver Sormaz.
The PCC employs various staff members to support the church's ministry and mission. Salaried posts are usually
advertised internally and exterrlally, where relevant, before interviews are held. Salaries are set at rates appropriate to
the job description and experience of the candidate. Salaries are reviewed annually, or where there are significant
changes to a role, in line with the PCC'S Staff Remuneration Policy. See Note 4 to the Annual Accounts for further
information.
Christ Church Roxeth is a parish of the Church of England belonging to the Deanery of Harrow, within the
Archdeaconry of Northolt and the Willesden Episcopal Area of the Diocese of London. The PCC maintains a close
relationship with the wider diocese, providing active representation at Diocesan Synod and Deanery Synod and having
lay members serving on the General Synod, as well as working in partnership with local churches
During the year, the following sub-committees reported to the PCC..
Standing Committee This is the only committee required by law. It has the power to transact the business of the
PCC between its meetings, subject to any directions given by the Council. The committee at 31st December 2024
consisted of the following PCC members.. the Vicar, The Associate Vicar the two Churchwardens, the Treasurer,
the PCC Secretary and the Licensed Lay Minister,
Safeguarding Team
This team serves to promote a safer environment in church and for church
activities, especially for children, young people and vulnerable adults. It makes Safeguarding a priority for all those
who attend Christ Church. It promotes safer recruitment, risk assessment for all activities concerning children,
young people and vulnerable adults and reviews our Safeguarding Policy annually. The members of this team are
Elaine weaver Ichairl, Bola George (Parish Safeguarding Officer), Marianne Isherwood (Children's Champion),
Christine Akot, Rachel Calveyi Joy Chiutare- Rotinwa, Simon Du rrant, and Helen Ellis.
Finance Team This committee oversees, monitors and makes recommendations on finance related matters to
the PCC. The PCC still retains full accountability for all finance related decision-making. Its members at 31
December 2024 were Arthur Akhurst Ico-chairl, Sue Arnold, Paul Gabriel Ico-chairl, Jean~Leandre Guede, Clive
Scowen, Sue White, Ashok Thadi IPCC Treasurer).

Page 3
Premises Team - This committee oversees all property related matters on behalf of the PCC. Its members at 31
December 2024 were Arthur Akhurst, David Arnold, Sue Arnold Ichairl, Nicola Bielicki, Bola George, Mark Slatter,
Oliver Sormaz and Jonathan White.
The Mission Focus Team, which overseas our relationships with our mission partners and financial and prayer
support for them, and also local mission initiatives in the parish and in Harrow. On 31 December 2024 the
members were Sue Arnold Ichurchwardenl, Penny Carballo-smith, Anne-marie Dennis, Simon Durrant Ivicarl,
Annette Glaw, Ron Jeeves, Kate Penman, Clive Scowen Ichairl, Carol Sormaz. Elaine Weaver (Associate Vicar),
Leadership Team - The Leadership Team consists of the Vicar, The Associate Vicar, the Curate, the church's paid
ministerial and administrative staff, the Churchwardens, the Licensed Lay Minister and several volunteer leaders, each
of whom is responsible for a specific aspect of church life. The Leadership Team gathers regularly and works with PCC
representatives and other church members to consider key aspects of church life,.
Sunday Ministry - Shaping our Sunday services to enable all generations to encounter God in scripture,
worship and prayer.
Discipleship - Building a clear pathway from welcome to committed discipleship to enable every person to
discover and grow in faith.
Mission - Developing an integrated vision for global, local and f rontline mission,. overseeing the distribution of
funds to various mission partners, organisations and individuals.
Youth & Children Growing holistic ministry to children and young people.
OBJECTIVES AND ACTIVITIES
Christ Church Roxeth's PCC has the responsibility of co-operating with the Vicar in promoting in the ecclesiastical
parish the whole mission of the Church, pastoral, evangelistic, social and ecumenical. It also has maintenance
responsibilities for the Church and its related buildings, is the managing trustee of property vested for its benef it in the
London Diocesan Fund and is responsible for managing the church's finances,
ACHIEVEMENTS, PERFORMANCE AND PLANS FOR THE FUTURE
The PCC met formally on 10 occasions during the year in person but occasionally had members join via Zoom. Formal
sub-committees met between meetings and notes of their deliberations were received by the full PCC and discussed
where necessary. Key outcomes from the Leadership Team and its various thematic areas of focus were reported to
each PCC meeting through a Vicar's Report. A major concern which the PCC has had to address in the course of the
year has been a growing gap between its income and expenditure, leading to decisions to suspend recruitment of a new
worship team leader and premises manager, to reduce contributions in 2023 to the Diocesan Common Fund, and to
issue requests to church members to increase their capital and revenue giving which were only partly successful. A full
account of the activities of the Parish will be made available to the APCM. This will include detail of plans for the
futurei particularly in relation to the continuing development of our mission through the found Charity Shop and
involvement in the Onechurch Harrow church planting initiative lin partnership with St Peter's, West Harrow and St
Paul's, South Harrow).
PUBLIC BENEFIT
The PCC members have a statutory duty under the Charities Act 2011 to have regard to the guidance issued from time
to time by the Charity Commission. PCC members have read the Charity Commission guidance, Charities and Public
Benefit, and the supplementary guidance in The Advancement of Religion for the Public Benefit and have had regard to

Page 4
it in making relevant decisions. The PCC believes that this report taken as a whole provides evidence of the public
benefit of the PCC'S work in 2024. The PCC helps to promote the whole mission of the Church, including its pastoral,
evangelistic, social and ecumenical duties, and that in so doing it provides a benef it to the public by..
Providing facilities for public worship, pastoral care and spiritual, moral and intellectual development, both for its
adherents and for anyone who wishes to benefit from what the Church offers.
Promoting Christian values, and services by members of the Church in and to their communities, to the benefit of
individuals and society as a whole.
Disbursing a number of grants to individuals and organisations, in line with an agreed policy. These include the
provision of support for core Mission Partners and making donations to support the wider church, relief of poverty
and injustice, and outreach ministry in schools. Details are contained in Note 3 of the Annual Accounts.
FINANCIAL REVIEW
Overall, during 2024, the PCC had an income of £261,380 and an expenditure of £281,339. The majority of the
income has come in the form of voluntary donations from members, property income and through Gift Aid.
The PCC currently has £187,158 designated into the Grange Farm Community Mission Fund", the remainder of the
proceeds from the sale of the Grange Farm Community Centre to the London Borough of Harrow as part of the
redevelopment of the surrounding estate. These funds are set aside pending the identification of an appropriate use to
enable community outreach to the estate and surrounding area.
A substantial amount of voluntary help was received during the year which is not reflected as a cost in the accounts.
Without this unpaid assistance, the work undertaken in the parish would be severely reduced.
RISK MANAGEMENT
Members of the PCC received an initial induction at the start of the PCC year, which covered the key responsibilities of
a charity trustee. The PCC continues to monitor the major risks which impact on the work of the Church. A set of
financial procedures for monitoring and controlling monetary transactions have been in place for some time, with the
most recent review occurring in January 2024. It is considered that these procedures contain the required elements of
establishing a record of the sums received at the earliest opportunity, segregation of duties and evidencing the control
over this area of activity.
A Safeguarding Policy agreed by the Diocese is approved by the PCC annually to cover both children and vulnerable
adults and remains under regular review. The PCC has complied with the duty under section 5 of the Safeguarding and
Clergy Discipline Measure 2016, in relation to having due regard to House of Bishops, guidance on safeguarding
children and vulnerable adults. The Safeguarding Officer (Bola George) is supported by a safeguarding team who
oversee the implementation of agreed procedures for children and vulnerable adults, and provide regular reports to
the PCC. PCC members are also expected to undertake training on safeguarding procedures on a rolling three-year
programme.
The PCC review existing controls to deal with all areas of risk on an ongoing basis, and a full review of key policies and
risk assessments is ongoing. It is the intention that policies will be introduced to cover other risks as they are identified.
The consecrated and beneficed buildings and contents of the Church are adequately insured, where possible, with the
Ecclesiastical Insurance Group.
RESERVES AND INVESTMENT POLICY
The PCC seeks to plan and budget expediently in order to enable the General Fund to break even on an ongoing basis.
The PCC also has funds designated in the Grange Farm Community Mission Fund and resolved on 05102118 to place
the majority of these f unds on deposit with M&G and Hampshire Savings Trust, pending the identification of an
appropriate use for the funds to enable community outreach to the new estate and surrounding area. As mentioned in
the Financial Review section above, current value of the fund is-.

Page 5
AppoiNTMENT OF AN INDEPENDENT EXAMINER
The changes brought in through the Charities Act 2006 lifted the net incoming resources threshold, below which
entities are no loriger legally required to have a statutory audit, to £1,000,000. It is not expected that the PCC'S
income will breach this threshold in the immediate futu re, and accordingly the APCM endorsed the appointment of
professionally qualif led Independent Examiner to review annually the books and accounts of the PCC, as required for
entities with income in excess of £250,000-
David Green was appointed as Independent Examiner on 28 April 2024 but since that date the Examiner has advised
his intention not to seek appointment for the 2025 f inancial statements and in the event of a replacement Examiner not
being identified before the APCM, that it is intended that the PCC should make an appropriate appointment.
Rev. Simon Durrant
Chairman of the PCC
Date
2JLr

Page 6
INDEPENDENT EXAMINER'S REPORT TO THE MEMBERS OF
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF
CHRIST CHURCH ROXETH IHARROWI
I report on the accounts of the Parochial Church Council of the Ecclesiastical Parish of Christ Church Roxeth IHarrowl
for the year ended 31 December 2024, which are set out on pages 7 to 18.
Respective responsibilities of trustees and examiner
The charity's trustees are responsible for the preparation of the accounts, The charity's trustees consider that an audit
15 not required lor this year under section 144121 of the Charities Act 2011 (the 2011 Act) and that an independent
examination is needed. The PCC'S gross income exceeded £250,000 and l am qualified to undertake the examination
by being a qualified member of the Institute of Chartered A¢eountants in England and Wale5.
It is my responsibility to..
Examine the accounts under section 145 of the 2011 Act,.
To follow the procedures laid down In the General Directions given by the Charity Commission under section
145151 Ibl of the 2011 Act,, and
To state whether particular matters have come to my attention.
Basi5 of this report
My examination was carried out in accordance with the General Directions given by the Charity Commisslon. An
examination includes a review of the accounting records kept by the charity and a comparison of the accounts with
those records. It also includes considering any unusual items or disclosure5 in the accounts, and seeking explanations
from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that
would be required in an audit. and consequently no opinion is Eiven 85 to whether the accounts present a 'tnJe and fair
view, and the report is limited to those matters set out in the statement below.
Independent examiner's statement
In connection with my examination, no matter has come to my attention:
which gives me reasonable cause to believe that in any material respect the requirement5
to keep accounting records in accord'ance with section 130 of the 2011 Act,. and
to prepare accounts which accord with the accounting records and comply with the requirements of
the Act and tFLe Regulations have not been met,. or
121
lo which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts
to be reached.
Name:
Rev. D
vi
Gowers Ltd
Chartered A¢coU.n￿ants
The Ol'd School House
Bridge Road
Hunton Brid'ge
Kings Langley
Hertfordshire
WD4 8SZ
een
Releva,nt professional body".
Institute of Chartered Accountants in England & Wales

Page 7
PAROCHIAL CHURCH COUNCIL OF CHRIST CHURCH ROXETH
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 DÉCEMBER 2024
Unr•slilcted Dèslgnaied
f•Jnds
R•slii*l•d
Toial
funds
Pilor year
ioral fvnds
liicome and endowmenis fmm..
Voluntary Income
Income from charitable aclivilies
Activilies foi qenelalino funds
Investmènl Inconie
Leoacw Income
Other income
Sale of Property
186.812
9.661
859
22.594
55
12.771 1gg.638
9.661
859
43.428
280,729
9,020
487
54.995
20.833
7,794
7,794
6.926
Total Income
227,720
20,888
12,TT1 261,380
352,157
Expendizure on..
Cost of qeneratina funds
Charitable adlvilies
Prenilses Idainlenance
Comnion Fund
Ivlissionarv and Chaiitable Givinq
Salarfes. Nl & Pension
Youth & ChildrerÈ's Work
Chiirch runnino costs
Idortqaqè Interest
Communltv Outreach
Governance cosls
Expènses related lo Inveslmenl properties
Total expenditure
Gains I losses on investment assets
865
865
274
10,340
10.340
91,300
27.615
86.7g6
9.555
42,614
70,550
87.775
24.592
79.688
16,341
45.282
91.300
27,615
18,932
527
41.118
3.363
1,529
1.496
64,500
7,49g
3,598
1.680
6.977
3.598
1.680
6,977
216
1,656
5,719
192,611
16,728
6,487
71,999 281,339
6,335
332,094
2,613
Net income I lexpenditurel resources
35,109
10,647
159,2281 113,6241
22,676
Traiisfers
Gross transfers between lunds- In
Gross Iransfers be￿een fund8"_ Out
427
1139.321)
2,333
1427}
136.g88 139.748
1139,748)
5,944
(5,944)
Net movement In lund$
1103,7861
12,553
77,760 113,6241
22,676
Reconclllatlon of fui)ds
Total funds biouuht lorward
130,323
742,340
15,699 888,361
865,686
Total funds carried forward
26,538
754,893
93,458 874,890
888,361
Th•r• may be minor diJcrèpJnclM In th* totals ifthe pen¢• arn not boingjhown

PAROCHIAL CHURCH COUNCIL OF CHRIST CHURCH ROXETH
Page 8
BALANCE SHEET AT 31 DECEMBER 2024
3111212024
3111212023
Flxed asset8
6430.. Property- SoLtrlhdown
6432.. Prop8rty- Lodge Roxelh Hill
6435.. Property- Shaflesbury Parade
426.000
426,000
250,000
250,000
Total Fixed ass&t$
676,001
676,001
Curient ass&ts
6501.. Bank current account
6520.. Hampshlre Tiusl Bank
6530.. Ivl&G Investments
Z05.' Accounts Receivable
63.591
60,606
76,661
B3,550
60,454
70,325
Total Current assets
200,858
214,329
Llabllltlas
6601.. Dlocese Loan- Kneeler Stone
6620.. Triodos Mortoape
6899.. Agency collectlons
Z04.' Accounts Payable
289
289
1,680
1.680
Total Llabllltl8s
1,969
1,969
NetAss8t $UTplus Ideficttl
874,890
888,361
Reservas
Excess I Ideficill lo dale
Z01.' Starting balances
Z02." Other gainslllosses)
-19,959
874,523
20,325
888.361
Total Resetves
874,890
888,361
ReprgseTrted by Funds
Unrestrlcted
Oeslgnaled
Reslilcled
Endowment
26.538
754,893
93,458
130,323
742.340
15,098
Total
874,890
888,361
Theromayb& mlnordljcrepancles In tho totals if thepencg 8r¢ not being#hown
Approved and authorised for issue by the Parochial Church Council on 28 April 2024 and signed on its behalf by..
Rev Simon Durrant (Chairman)
Sue Arnold Ivice-chairmanl
The accompanying notes form part of these financial statements.

Page 9
PAROCHIAL CHURCH COUNCIL OF CHRIST CHURCH ROXETH
REGISTERED CHARITY NUMBER.. 1134836
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
1. Accounting policies
a. Accounting convention
The financial statements have been prepared in accordance with the Church Accounting Regulations 2006 (not
verified) and in accordance with the PCC'S Powers Measure, the Charities Act 2011 and "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 IFRS 1021" las amended for
accounting periods commencing from 1 January 20161.
The PCC meets the definition of a public benef it entity under FRS 102. See the "Administrative Information"
section in the Trustees Annual Report for detail of the legal status of the PCC.
The accounts have been prepared in sterling which is the functional currency of the Charity. Monetary amounts in
these financial statements are rounded to the nearest pound.
The trustees consider that there are no material uncertainties about the Charity's ability to continue as a going
concern.
The f inancial statements have been prepared under the historical cost convention. The f inancial statements
include all transactions, assets and liabilities for which the PCC is responsible in law. They do not include the
accounts of church groups that owe their aff iliation to another body, nor those which are informal gatherings of
church members.
b. Funds accounting
Funds held by the PCC are..
Unrestricted funds - general funds which can be used for PCC ordinary purposes.
Designated funds - monies set aside by the PCC out of unrestricted funds for specific future purposes or
projects.
Restricted funds - al income from trusts which may be expended only on those restricted objects provided
in the terms of the trust,. bl donations or grants received for a specif ic object or invited by the PCC for a
specific object. The funds may only be expended on the specific object for which they were given. Any
balance remaining unspent at the end of the year is carried forward as a balance on that fund.
Incoming resources
All incoming resources are accounted for gross and include income tax recoverable under Gift Aid where
appropriate.
Voluntary Income
Collections are recognised when received.
Planned giving is recognised when receivable.
Income tax recoverable on Gift Aid donations is recognised when the income is recognised.
Grants and legacies are recognised when the PCC is legally entitled to the amount due.
All other income
All other income is recognised when it is receivable.

Page 10
PAROCHIAL CHURCH COUNCIL OF CHRIST CHURCH ROXETH
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
d. Resources used
Resources expended are accounted for on an accruals basis and are accounted for gross.
Grants and donations are accounted for when paid over, or when awarded where the award creates a binding
obligation on the PCC.
Church Activities
The diocesan parish contribution (Common Fund) is accounted for on an accruals basis. Any parish
contribution unpaid at 31 December is provided for in these accounts as an operational (though not a legall
liability and is shown as a creditor in the balance sheet.
Fixed Assets
Fixed assets
Consecrated and beneficed property of any kind is excluded from the accounts. The insurance value of the
Church buildings is £13,300,000.
Investment property assets are f reehold properties which are held on the Balance Sheet at their fair value.
Movable church furnishings held by the Vicar and Churchwardens on special trust for the PCC and which
require a faculty for disposal, are accounted as inalienable property unless consecrated. For inalienable
property acquired prior to 2000 there is insufficient cost information available and therefore such assets are
not valued in the accounts. Individual items acquired since 2000 have been capitalized in the accounts and
depreciated over their useful economic life.
Depreciation
Depreciation is calculated to write down the cost of tangible fixed assets, excluding freehold properties, over
their expected useful lives, for assets above £500. The rates generally applicable are:
IT and Music Equipment
20Y.-33°A straight line
It is a policy of the PCC to charge depreciation on f reehold property. However, it is also the PCC'S policy to
maintain such assets in a continual state of sound repai r. Accordingly, the useful economic life of these assets
is so long and residual values so h igh that any depreciation would not be material. In addition, these assets will
be subject to annual impairment reviews. Provision will be made if there has been any permanent diminution in
value.
f. Current Assets
Amounts owing to the PCC at 31 December in respect of fees, rents or other income are shown as debtors less
provision for amounts that may prove uncollectible.
g. Financial I nstruments
The PCC only has f inancial assets and liabilities of a kind that qualify as basic financial instruments. These are
initially recognised at transaction value and subsequently measured at their settlement value with the
exception of bank loans which are subsequently measured at amortised costs using the effective interest
method.
h. Pensions
Employees of the Charity are invited to join an auto-enrolment compliant pension scheme details of which are
contained in note 4a. There were no outstanding contributions at the year-end relating to staff members who
have opted into the scheme. The costs of the scheme are included within staff costs and charged to the
unrestricted funds of the Charity.

P3ge11
PAROCHIAL CHURCH COUNCIL OF CHRIST CHURCH ROXETH
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
2. Incoming resources
UThv+sirloied
OeJlgNted
A•slrlot•d
EThdo¥mer*i
Thij y•ar
L•st y•af
Income and èndowments
Voluni8rylncomè
0101 Bank Slandhio Orders
02EO Oth￿r Planned G￿￿o.N[JA
0255- 0lherDonÉt￿ns-NGA
0258- CAF,QAYE Incorne-14GA
0260.1.Il$cellJfieous Incoffle
123,026
31,278
2,758
2,615
1,090
337
738
123,026
31,27e
2,758
2,615
1,090
337
738
ss
4,100
5,82$
1,083
1,764
24.112
857
144,451
519
3,360
6,524
281
4,214
205
21,883
4.840
44,477
15,039
34.121
815
0350- Onli￿¢ Qriing
0415_Youlh V¢ork-alfts IRI
0420. Youlh Ylork_Reslrrled IRI
0435- Chldren-Reslricted IRI
0440- Prerni5e5-Re5trided IRI
0450 Gifts Yorl,Ikssh)n-Restrlcted IRI
0601_ Glft A￿j
1230. JÈtyTols
55
4,100
5,825
1,083
1,764
24.112
857
Voluiirary Iiicome Toials
186.812
55
12.771
199.638
280.T2
Income fmm cliarttable 8ciiviiiey
040s- church Ev¢D15 knco
1101 Wedoino Fees
1104. Funeral Fees
1240- Churth Hal Ltttinos
529
837
302
7,993
529
837
302
7,993
700
1.315
891
6,114
Incomè fmm charlrable acrlviiles TO￿lS
9,681
9,661
9,020
D•slgr•aT¢d
Hesiwiat•d
Thls yeaw
Actwities foryenerathillfuiids
121Q- Bookslol kncome
859
859
487
Aciivltles forgeiieratinLT funds
Totkls
859
487
Investmentliicome
1030. RenkLodge
1032. Renl.Sh8fte5bury Pfjrode IDI
1033. R8nt.Soulhdovin Crescent
13.215
833
13,215
21,667
8,$46
12.17D
20,000
22,825
20.833
vestmentiiiconie Totals
22,594
20.833
43,428
54,995
Oiheriiicome
1310- Insuronce ChI￿RefUnd
1330- Emp￿y￿￿nIAl0l.1an¢e
816
6,978
816
6.978
B03
6,123
Olherliicome Torals
7,794
7,794
6,928
Incom8 and endowments
Grand total$
227.720
20,888
12.771
261,360
352,157

Page 12
PAROCHIAL CHURCH COUNCIL OF CHRIST CHURCH ROXETH
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
3. Resources expended
Uniesiil(tièd
R•s*ilot•d
Thls
Exp&ndlture
ostollleiier&tlnufunds
2270- Disclplesh￿..B00kYtall
274
Costof geiieraung funds Tor8ls
274
Chanrabl& activhles
2710. Premis8ts knproYefflenl8 IDI
2720_ CCR.'l.14lnlen8nce 101
2730. ccR.PrtM￿2I Sifety IDI
103
7,236
3,001
103
7.23
3,001
J8,89B
32.D60
1.592
10,340
10,340
1,592
1910- Di0¢8san Ctstpvnon Fund
91.300
91,300
67,775
1809. Ili5slon4u¥l Earth
1811 Lli5Jioft'.FSCI
1812.1,lIssion'.Sus￿ Phlps
1813-1,Iksion Rad$tOck.PJulb'li￿IMS
1816-1.118sion'.Re.'GEntraliDn
1821 1.1188b)n-Poverty Injuslltt & Sufferln9
4,992
3,773
4,eoo
7,000
4.SQQ
1.050
4.992
3,773
4,800
7,lJOO
4,5DO
1,050
4.992
3,600
3,600
5,400
4,500
1.000
1833.1,li45k)n.'Found Transformation Parlnor
1,500
I,EOO
1.500
27,615
27.615
24,592
2550- Youlh Work Expenses IRI
2551 Youlh Work-.Tfainh)9'.Accredl8lion
129
129
427
527
210
2552 Youth IVork.Dlscipkshfy) IRI
25qS- Youlh ¥Vork.CorfMmunty b'lorker Expense
IRI
2556. Youlh Vrfork-Juck Petchey IR}
2587_Youlh 1Vork-Svmn￿f D&y8 IRI
25S9-Youlh bWork'.Te8m Bu1￿1￿9 IDI
2570- ChiklreTr's bVork.Expenses IDI
2571_ ChiTrlren's IVork-Gifts IDI
2572_ Chldren's Iyork-speclal Events {Dl
2.120
49
2.120
49
1.996
707
2.900
707
2.900
IT
165
279
10.535
17
785
553
17
33
33
2573_ Chlkjren's Work.Outre8ch IRI
2574. Chlbjren's W)tk.Grange YArrn (Rl
164
1,300
72
1,116
1,300
2575- ChilJren'8 WorkJety Tol$ IDI
2577- ChikYren'8 IYork.Traknlno ID}
2578_ Chldreny WDtk.Te•m 8uihli79 IRI
637
57
637
57
1,583
527
7,500
9.S56
16,341

Page 13
PAROCHIAL CHURCH COUNCIL OF CHRIST CHURCH ROXETH
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
A•Stil¢i•d
EnOo¥rn•nt
Thls i•ai
1750_ Bank Charges
1920- 8Bnn$,.VleOdinoslFunern
1940- Subycrwlh)n$
2101 v￿Or-EXpEnseS and Hospitafy IDI
2103. Vicar-Leadership ￿Tra￿lI9
2105- Vltar-D&crelionary Fund101
2108-Vicfjr-Tek7ph¢ne
2201. Di8ch)leshi)."Conlorenceslevents
2230. Discyle$hy'.Pr•yer Reyourttrs
2260- 015GplÈSh￿..HDspmasfy
2301. ￿.1n1ernel &IVebs18
230S- ff.Sottware
2307 tr.Hardi'iare
2310 CommunicalvJnS-Advert￿in01prI￿IIi9
2313. CornmunicJlv)ns-DPJrt81 & onl￿7¢
2318- CCR.EqU￿menl
2320- cCR-Slal￿nery
2325_ CCR-Pholocopl8r Lease
2329. CCR_Pholocopier Operatin9
2331- CCFi.Ch8nino
23'.0- CCR-QJrétsning
2355_ CCR-FID%vers
2381 . CCR.knsuf8nce
2390- CeR.Tel8phone
2401 CCR-Electrlc
2410- CCR.G85
2420- CCR.Waler
2430. CCR-Refuse Colkct￿D
2SOO. Worshy.'CCLI Lic8n¢e8
2520- Vlor8hb.'Resources
2522-Worsh4>'.Repl8cemEnl
2528_Worsh¥>'.Equlpmenl
2529. Wor$hip.Organisl Fe85
2530- SetYlctr$'.Consurnab￿S
253:
Seroices'.R&freshm8nls
2539. S6r¢￿eS..5pVO1￿I SeNica8
9901- Tran8POrt_per mi
9909.TrJD5POrt.other
9930. MisceloneDUS ExpendNure
199
124
199
124
48
160
371
1,338
532
722
26
308
744
58
1,224
414
79
502
995
16tl
371
1,336
532
722
194
31
1,217
8U6
748
474
239
529
155
616
302
1.815
7.553
748
474
239
&29
155
616
302
1,815
7,553
635
80
738
504
1181
16
48
8,190
543
4,521
8,625
225
642
1,320
194
562
429
397
259
1,494
1,413
27
122
415
26
5.495
617
3,947
5,298
1.278
647
1,376
93
2$1
276
GO
409
28
5,495
617
3,947
5,298
1,278
647
1.376
93
251
276
60
409
1,801
322
135
1,307
1,801
322
139
1.307
1.4
42,610
45.282
1862- CoThThunty Oulreech.. One Church Harrow
1863- Comunty Oulr6ach'.Olher
3,512
3,512
60
3,598
3,598
216

Page 14
PAROCHIAL CHURCH COUNCIL OF CHRIST CHURCH ROXETH
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
U•resiil¢ied
D+sl9naied
R•s*iloi•d
EDdo¥ment
Thls J•ar
Laji ye4W
Govemanc8 COSIS
19:.0. Exarniners Fees
1,680
1,680
1,656
Govern8nce costs Yoials
1.880
1,880
1,6
Expenses relarérfiolnv8sifflentpmpeni8s
2840. Ludge-lnsurance
2844. Lvdoe-lilalnlen8nce
2853- Soulhdown-IN5urance
2854_ SouthdoiYn-I,lJinlenance
28S6. Soulhdoi'in-CouncA Tax
2863- Shaftesèury-Insur6oce
2864. Shafle$bury-l.lJiilenance
1,419
1,186
457
1,085
1,4S5
240
1,622
2.08B
457
1.085
1,485
240
1,622
2,088
1.064
83
380
Expeiises relaipdw hivesimeni
pmpertles Toials
8,977
6,977
S,749
4. Staff costs
Wages, salaries andpensions
Total salary costs of three employees in the year were £71,561, with employer's National Insurance costs of
£6,110. The comparative figures for 2023 were £67,193 and £5,506 respectively for three employees. No
employee received more than £60,000 in the either 2024 or 2023.
Pension Builder Scheme
Christ Church Roxeth participates in the Pension Builder Scheme section of CWPF for lay staff. CWPF is
administered by the Church of England Pensions Board, which holds the CWPF assets separately from those
of the Employer and other participating employers.
CWPF has two sections:
the Defined Benefits Scheme
2. the Pension Builder Scheme, which has two subsections,.
a deferred annuity section known as Pension Builder Classic, and,
a cash balance section known as Pension Builder 2014.
Pension Builder Scheme
Both sections of the Pension Builder Scheme are classed as defined benefit schemes.
Penslon Builder Classic provides a pension, accumulated from contributions paid and converted into a
deferred annuity during employment based on terms set and reviewed by the Church of England Pensions
Board from time to time. Discretionary increases may also be added, depending on investment returns and
other factors.
Pension Builder2014 is a cash balance scheme that provides a lump sum which members use to provide
benefits at retirement. Pension contributions are recorded in an account for each member. Discretionary
bonuses may be added before retirement, depending on investment returns and other factors. The account,
plus any bonuses declared is payable, unreduced, from age 65.

Page15
PAROCHIAL CHURCH COUNCIL OF CHRIST CHURCH ROXETH
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
There is no sub-division of assets between employers in each section of the Pension Builder Scheme.
The scheme is considered to be a multi-employer scheme as described in Section 28 of FRS 102. This is
because it is not possible to attribute the Pension Builder Scheme's assets and liabilities to specific employers
and means that contributions are accounted for as if the Scheme were a defined contribution scheme. The
pensions costs charged to the SOFA in the year are the contributions payable 2023.. £8,067, 12023: £5,970).
A valuation of the Pension Builder Scheme is carried out once every three years. The most recent valuation was
carried out as at 31 December 2022.
For the Pension Builder Classic section, the valuation revealed a surplus of £34.8m on the ongoing
assumptions used. At the most recent annual review effective 1 January 2025, the Board chose to grant a
discretionary bonus of 6.710 to both pensions not yet in payment and pensions in payment in respect of service
prior to April 1997,, and a bonus on pensions in payment in respect of post April 2006 service so that the
pension i ncrease was 2.7/. (where usually it would be calculated based on inflation up to 2.5/.1. This followed
improvements in the funding position over 2024. There is no requirement for deficit payments at the current
time.
The next valuation is due as at 31 December 2025.
For the Pension Builder 2014 section, the valuation revealed a surplus of £8.5m on the ongoing assumptions
used. There is no requirement for deficit payments at the current time,
The legal structure of the scheme is such that if aF)Other employer fails, Christ Church Roxeth could become
responsible for paying a share of the failed employer's pension liabilities.
b. Payments to PCC members and key managementpersonnel
The key management personnel that have been identified by the trustees include the members of the Standing
Committee. Of these personnel, the Rev. Simon Durrant was remunerated by the Diocese. No member of the
PCC received remuneration, expenses or benefits purely in respect of their services as members of the PCC.
Members of staff occasionally attend PCC meetings and would normally leave the room during discussions on
employment matters, as is deemed appropriate.
The PCC has a conflicts of interest policy which is reviewed each year after the APCM. PCC members declare
interests annually to the PCC Secretaryi and to the chair of each meeting when there is a relevant issue on the
agenda.

Page 16
PAROCHIAL CHURCH COUNCIL OF CHRIST CHURCH ROXETH
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
5. Investment property
3111212024
3111212023
Property
6430.. Property- Southdown
6432." Property- Lodge Roxelh Hlll
6435.. Property- Shaftesbury Parade
426.000
426.000
250,000
250,000
Totsl property
676,001
616,001
The f reehold land and buildings comprise..
The residential property at 69 Southdown Crescent, South Harrow, purchased in 1964 for housing a
curate, as it was so used until 2010. Having been let as an investment property until December 2018, it
was used to house a returning missionary family at a subsidised rent from January to July 2019. It was
then used to house a church planting curate for Onechurch Harrow, with funds being provided by the
Diocese of London and it is now again let as an investment. It was last valued by an Independent Chartered
Surveyor at £315,000 in 2011, although the trustees revised this to £435,000 in 2018 based on
subsequent changes to market value as determined by local property prices, a revaluation gain of
£111,000. The current market value is deemed to be the fair value.
The Lodge at the top of the Church drive is presently let to a church family. The Lodge, originally built on
Glebe Land, was purchased by the PCC from the Incumbent for £1 in 1956, with an option for the
incumbent to buy it back for £1 in the event of the PCC wishing to sell it. The trustees believe that the
market value of the property is restricted to £1 as the restricted covenant has not been lifted and so deem
this to be the fair value.
A commercial shop unit with a maisonette above at 9 Shaftesbury Parade was purchased in 2012 and is let
to the CCR Foundation for use as a charity shop. It was valued at £250,000 after the disposal of the
maisonette on a 125 year lease. This is considered still to be the current market value of this investment
property, and the current market value is deemed to be the fair value,
The Hall and Lounge are adjacent to and attached to the church. The PCC does not intend to dispose of
the Hall and Lounge and no capital value is assigned to it.
b. In 2006, following the completion of the YMCA Roxeth Gate building, as part of the former Harrow Hospital
nurses hostel redevelopment, Christ Church took the freehold of that portion of the site, which is vested in the
London Diocesan Fund ILDFI, and Eranted a 125 year lease to the West London YMCA on a peppercorn rent
until 2131 . The restrictiorls placed on the usage of the site and the terms of the lease are such that no value
has been placed on the site and as such the asset does not appear on the PCC'S balance sheet.
All the freehold property noted above is vested in the LDF under the Parochial Church Councils (Powers)
Measure 1956. The PCC is the managing trustee. Since the PCC substantively bears the risks and rewards of
ownership, the value of these f reehold assets is included in the PCC balance sheet,

Page 17
PAROCHIAL CHURCH COUNCIL OF CHRIST CHURCH ROXETH
NOTES TO TFIE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
6. Analysis of net assets and liabilities
Vrevious
bplance
Balance
Tangible assèt$
6430: Property- Southdown-ABBel
Capttal
Deslonalod
426.000
426,000
426,000
426.000
6432,. Property- Lodae Rox&th Hlll. Assel
Capltal
D951gnaled
6435,, Piope¥ty- Shllltesbury Parade- Aisèt
Capllal
Deslgnaled
250.000
250.000
250,000
250,000
Tangible assets
676.001
676,001
Cash at bank and In hand
0501.. Bank current account.Assel
General lund
Youih-Rèslilcted
Youlh-Deslonaled
Chlldièn-Reslrided
Chlldren-Deslgnal6d
Giange Faitn Comrnunlty Mlsslon Fund
Premlses De￿lOpment Fund
Piemlses Development Fund
fvllsslon-R881rlctett
Mcar DSscrelonary
Vicar Dlscrellonary
CommunltyRèsources Fund
Agency colledlon
Unreslrlded
Resliicted
Deslgnaled
Reslticted
Deslgnaled
Designaletj
Designaled
Reslrlcle(S
Reslricted
Daslgnal8d
Reslrlcted
Rèsliided
Reslrlcted
28,218
132.003
147,1681
389
127,7451
11,7061
38,305
195,6961
53,016
26,365
15,7331
10.907
49,891
1101,0361
54,099
28,129
[7,2291
10,907
613
613
63,591
03,550
6520,. Hampshlre Ttusl Bank_Assel
Grange Farm Communlty Mlsslon Fund
Deslgnaled
60.606
00,606
60.454
60,454
8530.. M&G l¢)vestm8lEts-As5et
Grange Farrn Communlty Idisslon Fund
De31onaled
76,661
76,661
70,325
70,325
Cash at bank and In hand
200.858
214,329
Dèbtors
Z05: Accottnts Rac1￿*br9-ASset
General fund
UnreslrScied
Debtors
Agency account$
6fj99.' Aoency colleciions- Llability
Ag8ncy coll*dion
Reslilde
289
289
289
289
Agency accounls
289
289
Credltors: Amounts lalllno duè In oneyear
Z04.' Accounts Payable- Llabllity
Gènèral fvnd
Unr¢$lrfcled
1,680
1,6BO
1,690
1,6BO
rs.. Amounts lalllno due Irb on8 year
1,6BO
1,680
Grand Total
874,890
BB8,361

Page 18
PAROCHIAL CHURCH COUNCIL OF CHRIST CHURCH ROXETH
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
7. Statement of funds
Fund
Fund
broughi lor¥4wd
Outgolng
Resouici*S
Tw•nsfews
Qains 4nd FvThd balan¢e5
Lossès Cariled foi¥aid
Resouw¢es
General f4ntl
YDUth-Reslricted
Youlh.De&igfialed
Cttikjren-Restr￿ted
ChibJren-Desi9n&led
Grano& Farm Communty I,1￿5[an Fund
Prerni4es Developmenl Fund
I,Ik85ion-Restricted
430,323
147,1681
389
(27,7451
11,7061
169,085
142,6801
26,385
,173
227,720
4,100
95
5,825
4,246
11,585
6,083
1,764
192,611
38,863
17
33,136
4,875
1138.8941
81,932
14271
55.of
2,333
26,538
6,487
187,158
146.9381
28,129
3,678
10,340
Vlcar- Vicar Disc￿tiOnary
Cornrwnty ResDur¢g& Fund
Agency collection
Capit81- Capital
1,496
323
676,001
323
676,001
Totals
•88.3811
261.Y80
281.339
6.487
871.890
Thorg may be fflinordijcrepancl￿ the totals if thepence are notbeingshown
The Youth work Fund represents restricted funds donated to the church's youth & children's ministry. This
includes grant fur)ding received from the Bishop of London's Mission Fund, Orley Farm School Trust and CCR
Foundation to enable the employment of a Community Children's & Youth Worker.
The Grange Farm Community Mission Fund represents designated funds set aside by the PCC from the
proceeds of the sale of the Grange Farm Community Centre. These funds are supplemented by 75/9 of rental
income received from 9 Shaftesbury Parade (the foundcharity shopl. These funds are set aside to be invested
in community mission to the f uture estate and surrounding community.
The Premises Development Fund (Designated) represents designated funds set aside by the PCC to carry out
works to develop church premises.
The Premises Development Fund (Restricted) represents restricted gifts received from church members to
enable improvement to church premises.
The Mission Fund represents restricted gifts received from church members to support global and local
mission work.
The Vicar's Discretionary Fund represents restricted gifts received from church members and funds set aside
to enable the Vicar to disburse funds to respond to urgent pastoral needs.
The Capital Fund represents the value of the unrestricted Freehold Property owned by the PCC, which
comprises 69 Southdown Crescent (revalued at £426,000), the Charity Shop at 9 Shaftesbury Parade (included
at 2012 independent valuation less capital mortgage owing) and The Lodge Irevalued at £11. See Note 5 for
f urther information.
8. Related parties
Some members of the PCC are also trustees of other charitable bodies lor are related to individuals) that receive
mission donations and payments from the PCC. There is no financial benefit to any PCC member in these instances
and the PCC'S conf lict of interest policy has been carefully applied in any discussions relating to f inancial
arrangements.
9. Rounding
Since the pence are not shown in these f inancial statements, there may be minor rounding differences within the
statements.