REGISTERED CHARITY ]YUhIBER: 1134966 REPORT OF THE TRUSTEES AND UNAUDITED FINANCJAL STATEIIIENTS FOR THE I'EAR ENDED 31 DECEIIIBER 2024 FOR THE PIIRISH OF NEIV IVIALDEN & COOhlBE, CHRIST CHURCH AND ST. JOHN'S Collards Chdriei'¢d Il¢rountcinls 5-9 Edcii Slrccl Ki112s¢on-Iipon-ThaiM¢s Siirrc), KTI IBQ
TIIE PARISH OF NEIV ftrlALDEN & COOIIIBE, CHRIST CHURCH AND ST. JOHN'S coNrENTS OF THE FINANCIAL STATETrIENTS FOR THE YEAR ENDED 31 DECEfvIBER 2024 PAge Report of the Trustees Iiidep¢nd¢nt ExAminer's Report Statement of Fliiathelal Acti*ities BRIAii£e Sheet Cash Flow Stfftemeiil Notes to the CASh Flow Statenitn¢ Notes to the Fiiianci&l StAteJn¢ii15 9 10 16 DètAiled Stateinent of FiiiAiieiAI A¢livities 17 10 18
THE PARISH OF NEIV fvIALDEN & COOI¥IBE.
CHRIST CHURCH AND ST. JOHN'S
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 DECEIBER 2024
Tli¢ triisl¢c5 prescnl iheir reporl willi Ihc financial sldl¢n)¢nls ofthc charily for (l)e )'car cndcd 31 Dcceniber 2024. -lThc tr1151ccs have
¢idoptcd the provisioiis ol Ac¢ounling and Rcportiiig by Charities_. Siat#rtiei)t of Rccommei)ded Pra¢licc applicable to charities
prepai'ing iheir accoiints iii accordance ivith ihc Fiiiancial Reportiiig Standard applicable in tlie UK aiid Rcpiiblie of Ireland (fRS
1021 (effective l JaiiLiar), 20191.
The Parochial Chiir¢h Coiii)cil, aloiig ivitli othcr PCCS iviili incoinc in excess ol £IOO.000, regislcred Rs a chArily ii'ith Ihe
Coinmi5sion duTing 2009 (Rcgistercd Charily No. 1134966}.
The Paro¢liial Chiirch Coiincil is requiTed. as staled irt Ihe l)arocliial Church Councils (I'oii'ers) Measure 1956, 10 ¢o-opcral¢ ivith ihc
Illilli51er it) proii)oling iii thc parish the .}i0]e iiiission of the Churcl), ph.sloral, evangclislic, social ai)d ecLlli)enical.
Il'het) i)laniiiiig oiir activities for tli¢ y¢ar, the iiicuinbeiii aiid tllc PCC have considered Ihe Chariiy Conimission's guidancc on piibli
bcncfii ai)d, in particiilar, Ille specific guidaiice oil chaiilies for the advanceineiil of religion. In i)articiilar. Ivc Iry lo enable ordinary
people lo lii'e oiil their failh as P<lrt of our pai'ish conin)iiiiily Ilirough..
Ivorsliip aiid prayer.
Leari)ii)g aboiil ilic tiospel.
and d¢i'¢loping iheii. knoii,leclg¢ aiid Irusl in Jesiis Cl)ri$i.
provision or pastoral car¢ for peopl¢ lii'ii)g in tl)e parisli.
Inissioiiar), aiid oiilrc
THE PARISH OF NEIV IWIALDEN & COOTrIBE, CHRIST CHURCH ATr4D ST. JOHN'S REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DEcElBER2024 STRUCTURE, GOVERNANCE AND IIIANAGEfvIENT OrgAiiisAtional 51ru£ture Full Ine¢iings of (lic Parocliial Church Council ar¢ 11giially hcld six liines per year. Si John's is scn'cd by its ow]1 District Church Coiiiicil wid Ilie Si John's Sthnding Coiniiiiltee. St John's District Church Council l)as iTrid¢ poivcrs over Si Jol)n's Inatters under Ilie PCC. St John's St4nding Coinmittee has poivcrs deipolved froin the St John's Dislricl Cliurch Council. Ccrtain aspecls of the PCC'S i%'ork are del¢galcd, in ih¢ first inslanee to siib-con)niittc¢s, Iiieiiibership of Ih1Ch Inay include co-nptcd Iii¢nib¢rs of Ihc chiirch ivho Arc iiot mLmbci's ofili¢ PCC. Thcsc SLib- COlI)Iiiillees, l)oiveN'ei', reporl lo Ilie pcc. -fii¢ir fiiiiclioiis are as folloiv5'. PCC StAndiJig Comjniltee cali, if iicccssary,. conilLlCt Lirgeiii business of thc Parocliiftl Cliiircli Coiincil betweeii nonnal PCC Ineeiillgs lliid £1n} oilier iiusiiicss %vhicli the PCC so dccidcs, rcporling io the next PCC meelii)g. The SIAiicliiig Coiiimill¢c i)i¢cls as rcqiiircd. It ciirieii(l}' iiicliidcs within ils reiT)ii. Ihe rol¢s previous perforined by ilic l.iiiance aiid I'abric Coiiilliittcc. The finaiice rolc incliid¢s a55isliiig the Treasiircr iii thc formLilaLion of Ihc c.hrist Chlirch Budget and Anniial Accoiinls, Ilie Inonitori118 01 incoiiic and cxpciiditlire pliis adi'ising ihc appropriate In¢aiis of funding special iien)s of ¢xp¢ndilui'¢ and tsilier noi1-biidg¢i ilcins. Thc fabric rolc iiicllides .4iiperi'isioii of the eare, Inainl¢nanc¢ And pres¢ri"alion of thc fabric. goods aiid oriiamenls of th¢ various Cl)risl Church prop¢riics ajid rectsini))ends to thc PCC appTopriat¢ Tcpair, n)aiiiteiiaiice or iiiiproveiiieiils. Christ Cliur¢h GlobAI Illissioii Gj'oup foiii)iilales missionary polic), proposals for Prescnlalioii to ilie PCC aiid iinpl¢inci)Is d¢¢i5ions made by Iheiii. It cliallcnges and encoiirages CIILirch mei))bei's to fliifil oiir Ciod-gii'ei) I'espoi)gibililies to global niissioii. Asses$m¢iil of Risks 'I'h¢ PCC is aivare of lis responsibilities for 41ssessiiig ils risks aiid is salisfied ilial th¢ ii)ajor risks lidl'¢ been asscsscd by 11$ si1b-co1MII1ec$. 'I'he risks assessed i¥er¢'.- i) Properly fi or Ilicft. 111511rtiiicc covei, is iiiaiiilaii)ed agaiiisl boili Ihese risks. 'I'l)e priiicipal policies coiilaii) cxccsses in Ihe alT)oiinl of £lOO. ii) Nlisiipproprialioii of flind5. '1'1)c biidge(ed expendiltire for cach year is approi'cd b), Ilie fiill PCC. The PCC rtVi¢ll'S ¥xp¢iidiiure agaiiist bii(Igels aiid ei)siircs Ilierc is <1 bilSi¢ s¢gr¢gaiioii of (Iiilies ¢0 ELiard agdillsl the Iiolei)lial for the niisappropri4ltioii of fuiids. I'he aii)oiiiils of cash held Ri ¢illy Ollc tiine ai'L nol nial¢rial lo Ihc Parisli. Ai Si Joliii's. tii-o sigiialories are reqiiired for an}, cheqiie iii CX¢¢5s of £400 aiid all clcclronic pa)'Ineiils. All illallcis iiivolvii)g expenditure iii excess of £2,000, ai)pi'oved by Si John's DCC ar¢ pill to Ilie fiill PCC. Al Clii'ist Cliurcli, cxpcndiliire replilcing exisliiig ilctlls likc-for-likc lip (0 £3,000 cai) be approi'ed by Ilie Siaiiding Comi))ill¢¢. Ncii exp¢ndiliir¢ abovc £700 is pill lo ihe PLC. All pas'11)eiils are i)iade ele¢iroiii¢all)' and rcqiiire (Iiial aiiihorisalioii. -Ihc oiily excei)tioii is for bai)k Pliymertl cai'ds ikhere onl), n siiiglc aiiiliorisalioii is possiblc. ikniy sucli payiheiils abovc £700 11.ill hai'e beert agr¢¢d iii lldvaiic¢. iiil Allcgalioiis of iiiappropriatc bchai'ioiir againsi persons iicliiig 01) beliHlf of Ihe Pll¢isl). All eit)plo)'ets Are siibj¢¢l Io Ciir¥fiil rccriii(menl scI'eeiii1ig. Thc Parisl) siibsLribes lo Ihe Diocesan scheiiie for screei)ii)g <111 Iliosc iiii'olvcd in cliildrcii's ii'ork. Giii(14Ql)Ce 15 gii'eii so Ilial aclii'ilie8 Are slriicturcd iii a y Ilial Ininiiiiiscs il)c polcntial foi. 11 Ilegalioiis lo &rise. Tl)e l)CC lia.s LOI)Ipli¢d ii'iih Ilie duty Linder section 5 of tlle Safegiiiirdiiig 8iid Clcrgy. Discipliiie mea[]re 2016 Idiilj lo htii'e dlie regard lo Iloiisc ol Bisl)01)s' giii(laiice 011 safcgiiardiiig chilclreii ai)d vuliicrablc adiil(sl. Pi'oreedii)gs of the PArochinl Chiirch Council during the I'eftr Soii)e ofilie i)rin¢ip(111))allers coi)sider¢d by thc Parochi¢l1 Chiircli Coiiiicil diiriiig ilic >'cai' iicrc c1S folloi¥5'. Disciission abolit biiildiiig i< ciiltiii'e ofii'elcoinr in OUT chLirchcs. A iieii, s¢i'%'ic¢ for Ilic first Sunda). ei'eiiii)g of tho ii)oiilh - a slivrt service ol I loly Coiniiiiiiiioii. AddilioiiJllJ' oli Inonihs iyiili fli'c Siiiidd}'s Ili¢rc is ll 1401), Coiiiiiiiiiiioii s¢rvicc paniciilarli.- diiiicd al cl)ildrcii iTrlio liai'c beei) prep1< red lo rcceii'e coniiiiiiiiioii Jiid Il)eir fai))ilies. "I'litsc ncii. seri'ices cotiii)l¢iiiciil Ilic cxisliiig Sunda), Scliuol for CJroiiii-Ui)b on Ilie secoi)d ¢iiid foiii'il) Siiii<la}'s Miicl Siiiidi( )' Screeii oli Ilic Iliiril Siindaj.. appioi'al ofspeiidiilg oil roiiliiie Inaii)tei)ance ofcl)Lirch nd groiii)(Is. Upgi'adc lo chiirch IoLin8¢: iiicliidii)g ncii. Cc1rpel ii'iili Ilcciriiig loop iiiidci-ncaili, iicii- sl¢ickiiig cli<iif5 aiid neil. lo%i' eiiergj. lighiiiig. rurthei. In11 tters <ir¢ dclailcd iii Ilie accoinpaii)'ii)g PCC Rcpoil 111)icl) is piiblished aloiigside IIIL Trabric, Glob¢11 Mission Gr(iup.. Elecloi'ic I Iloll ai)d Dcai)¢ry Syi)od reportf. REFERENCL AND ADTrIlNIISTR&ll'lVE DETAILS Registered Charity iiuiiiber 1134966
CHRIST CHURCH AI¥D ST. JOHN'S RKPORT OF THE TRUSTEES FOR THF YEAR ENDED 31 DF.CKMBER 2024 Prlnelpal address Parish Otrice 91 Coombe Road New Malden seY KT3 4RE Trustees Carol B8k¢r Rebecca Berry Lyndsav Barnet( May Cho Martin Churnis Antony Cook Helen Cook Elizabeth Courtney Timothy Davis Anng Edwards Barbara Grityiihs Ruth H¢n50n Slephen Hill Keith Keen ISigned 17.9.24) Linda Kelley Rev Stephen Kuhrt Xingchen Liu (appoinled 19.5.24) David Lofiinan Kllty Loffinan Robert Mccurthv Rosalind Moody Gillian Mosquera Nicholas Muir (r¢sign¢d 19.5.24) David Pampkilon Vashti Prescoli Kathrym Shrimpton Robert Shriinpton Cliawe¢van Williams (Tre8surerl Independent Examiner Collards Chllrtcred A¢counl&nlS 5-9 Eden Sire King8ton-upon-Thans Surrei" KTI IBQ The PCC wishes to acknowledge, with heartfeli thanks. all the many hours of time and cffom Ihul are given by so many pari5hion¢r8 ',n so Enanv ways tli8t contribulc 10 the lif¢ and wcll-b¢in¥ of the church and its mission both in the parish and beyond. .4pproved by order ofili¢ board of tTuslees oil .2.3.:-:*.A.P¢.! L .2.F. i) aiid sibvned oll its belialf by.. Rev SteDhen iQuhrt- Trusi&-
INDEPENDENT EXAMINk'ERIS REPORT TO TIIETRUSTEES OF 'riiE PARISH OF N'EIV IMALDEN & COOMBE. Jndepend¢llt txamiDer's rtport lo the trustees of The PArlsh of h'ew iMaldÈn & Coombe, I report to ihe charity Iru$lee5 on my exarnination ofthe accounty of Thc Parish of Ncw Maldcn & Coornbe, Ithc TTUSt) for ihe year ended 31 December 2024. RÉ5ponslblllt1¢5 basls ofreport As the charity trustees oFihe Trust YOU T¢5ponsibl¢ for th¢ PT¢paralion ofihe a¢¢ounts in a¢¢ord4nce iviih the requir¢menl5 of iho ChaTiil¢s A¢1 2011 ('the Acl,), I rewrt in respecl of my examinaiion ol th¢ Trust's a¢¢ounlS ¢arried out undeT S¢¢lion 145 of th¢ Acl in ¢orrying out my exRrninalioD I haye folloi%Yd all applicable Dir¢¢lions 8iv¢ii by the Charity Commission under Se¢tion 145(5)(b) ofiho A¢t, Independent ¢xAmlner i &tAtement sin your chvity's gross incorne exceeded E250.OOD your examiner must bc 8 member of & listed body. I clln confirm thAt l arn qualified io iindertake the exarninltion bec&115e l am a rnBmb¢r ofilio A550cialion of Chartered CoTtificd A¢¢Duntant5. which is one of Ihe listed bodies. I have ¢ompleled my examinAlioii. l ¢onfirm Iliot rjo nialerial niallers h8Ye ¢oti)e to my otlenlion in conneclion %*ltli ilie examitiation iving ine Cause to believ¢ Ihal in aiiy mulLfiv41 ILspecl'. 8CCOUDlin% record5 were nol kept in respect of ihe Trust as required by Secilon 130 of the Ael; or the arcount5 do nol a¢¢ord iviih those records; or Ihe accoun15 do not Comply lviih Ihe applicoble requirements concerning th¢ forn) and ¢onlenl of accounts Set oul in lh¢ Charities {Aecount$ and Reports) Regulallons 2008 other than Any requirem¢nl that Ihe accountg give r4 Irue And falr view Ivhich is not a matter considered BS part of an indepcnd¢nl ¢xaminalion. I have no eoneerns swd have ¢ome acrass no other matters In conneciiorh iviih the ex8minoiioTh io which atteniion should be dra ill Ihls repori In or(ler lo enable a proiier uiidersidndlnc of the ae¢ounii 10 be ieA¢hed. Andreiv Harker FCCA Collards Chort¢r¢d A¢¢ounianls S-9 Edeii Sireel Kin8slon.upoi).Th Ames SiirT¢y Kl'l I IIQ Dale,. PagE 4
THE PARISH OF NEIV L¥IALDEN & COOiIIBE, CHRIST CHURCH AND ST. JOHN'S STATEhlEf4T OF FINANCIAL ACTIVITIES FOR THE I'EAR ENDED 31 DECE[BERIo24 2024 Total fuiids 2023 Total fiinds Unreslricicd fui)ds Rcslrict¢d fiinds Notes INCOlE AND ENDOIVLIIENTS FROfvI Donalions and legacies 419,951 49,443 469,394 287,649 Oth¢r Irading u¢livilics InNeslinent income 74,957 38,644 653 726 75,610 39,370 58,527 23,386 TotAI 533,552 50,822 584J74 369,562 EXPENDITURE ON Charitable aclivifies N4issioii & Charilable Giifing Oth¢r Costs 360,389 358,077 54,674 412,751 Total 358,077 54,674 412,751 360,389 NET INCOI¥IEI(EXPENDITURE Traiisfers b¢tM'eeii fuiiJs 175,475 (5,5401 (3,852) 5,540 171,623 9,173 13 Net movemeilt in fun(Is 169,935 1,688 171,623 9,173 RECONCILIATION OF FUNDS 'I'olal fiiiids brought forii'ard 1,033,658 89,055 1,122,713 ,113,540 TOTAL FUNDS CARRIED FORII'ARD 1,203,593 90,743 ,294,336 1.122,713 -I'hL i)oies foiin pail of tliese fiiicliicial slaieii)enls
THE PARISH OF NLIV I¥TALDEN & COOIIIBE, CHRIST CHURCH Af4D ST. JOHP4'S BALANCE SHEET 31 DECEIIIBER 2024 2021 Total funds 2023 Total funds Unr¢siri¢ied riinds R¢siricled riinds Nol¢s FIXED ASSETS Tan8ible ossels 10 282,975 282,971 270,798 CURRENT ASSETS Dibiors Cash 01 bai)k 12,540 917,216 3,868 86,875 A6,408 1,004,09J 27.382 832,485 929,756 90,743 1,020,499 859,867 CREDII'ORS Ainoiinls rollin8 diie il'lihlii onc y¢ar 12 (9,138) <9,138) (7,9S2) NET CURRENT ASSETS 920,618 90,743 1,011,361 851.915 TOTALASSETS LESS CURRENT LIABILITIES 1,203,593 90,743 1,294,336 ,122,713 NFT èlSSKTS 1,203,593 90,743 ,294,336 1,122.713 FUNDS Uiir¢slricl¢d flinds cslricled fiiiids 13 1,203,593 90,713 1.033,658 89.055 TOTAL FUNDS 1,294,336 ,122,713 Tlie fiiiAiicial sialeiiieiils ii'eTe iipproii¢d b), Ih¢13oArd of Triisl¢cs Niid giiilioris¢d for issiie oli .Air.¢¢.., &PB, I L 20'24-ftnd i%'ei'e 51giicd on lis beliaifby.. Sicplicii Kiihn-r riislLO Cl)iiiieevlln Il'illlai)Is (I r¢¢1511rcrl . I'rLISIcc Tlie iloles forin pni1 of ilicsc fiiiThiicial $1411cniciii
THE PARISH OF NEIV TrL4LDEN & coof%lBE, CHRIST CHURCH AND ST. JOHN'S CASH FLOIV STATENIENT FOR THI YEAR ENDED 31 DECEIIIBER 2024 2024 2023 Nolcs Cash floiv5 from operating actii'ities Cash gciietaled froin op¢rdlioi)s 174,587 10,071 Ncl cash PTovided by operating a¢liviiies 174,587 10.071 Cash Ilo)Ys froni iniesting activities Plirchase of taiigible fixed assets Inler¢sl r¢cciv¢d (42,351) 39,370 23,386 Nel casli (used ii)Ilproiid¢d by ink¢sling aclii'ilics {2.981) 23,386 Change in ¢osh an(1 cAsh equivAlents in the repoi'tiiig period Cn5h and CAsh equivftleiits xt the begiiiniiig of Ilie r¢i)orting period 171,6045 33,457 832,485 799,028 Ca511 gild cash equii'nleiit5 at the en(1 of the rei)()rtinR period 1,004,091 832,485 'l-11¢ 110lcs forii) Pl¢ rt ofili¢sc fiiiancial siai¢n)ciiis lagL 7
THE PARISH OF NEIV MALDEN & COO]IIBE, CHRIST CHIIRCH AND ST. JOHN'S NOTES TO THE CASH FLOW STATEIENT FOR TIIE I'EAR ENDED 3A DECENIBER2024 RECONCILIATION OF NET INCOME TO NET CASH FLOIV FRO11 OPERATING ACTIIIITIES 2024 2023 Net ineonie for the reporting period (as per the State nienl of FiiiAneiAI Activities) Adjustmen15 for: Depreciation charges Ii)leresi rcccived Deer¢as¢l(iiicrease) ii) dcbtors Incr¢a5c in ci'edilors 171,62J 9.173 30,174 (39,370} 10.974 1,186 24,084 (23,3861 (620) 820 Net fA5h i)rovided b), operations 174,587 10,071 ANALYSIS OF CHANGES IN NET FUNDS Ai 1.1.24 (:ash iloiN' Al 31.12.24 P4el tAsh Casli at bank 832,485 171,606 1,004,091 832,485 171,606 1,004,091 Tolal 832,485 171,606 1,004,09A l)e iioiei foriii pa11 of tliebe fiiidnLiDI sialeillei)Is
THE PARISH OF NEIV fvIALD£TrI & COOIIIBE,
CHRIST CHURCH AND ST. JOHN'S
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECENIBER 2024
ACCOUNTING POLICIES
Basis of preparing the financial 5tatemen¢s
-rhe fiiiai)cial slatemenls of ihe chaTiI)'. 'hi¢ll is a piiblic b¢I)efil eiitil} undcr FRS 102. liae been prepared in accordai)¢e
Ivith tl)e Ch<1rilies SORP (FRS 102) 'Accounling ai)d Reporting by Charities.. Sial¢iiienl of RcconuncIid¢d Praclirc ¢tppli¢abl
lo cl)arilies preparing tlieir accouiits ill c?ccordaiicc ii'ith ihe Fiiiaiicial Reportii)g Staiidard applicable in the UK aiid Republic
of Irelaiid (I.'RS 102) (¢tTe¢live l Janiiary 2019),. FinaiiGial Il¢porting Siaiidard 102 "I'he Financial Reporting Siandard
applicable in Ihe UK an(1 Republi¢ ol Ircland, and ihe Charilies Act 2011. Thc fiiiancial stateiiients hakr bccn prcpaTcd undcr
Ihe liistoi'i¢al cost coni'eiilioi).
Tl)e l)CC is a piiblic benefit enlily iviihin Ilic iii¢aiiing of FRS102. The financial staleineiils h
THE PARISH OF NEIV NJALDEN & COOIllBE, CHRIST CHURCH A]YD ST. JOHN'S NOTES TO THE FINANCIAL STATEMENTS- continueil FOR THE YEAR ENDED 31 DECENIBER 2024 ACCOUNTING POLICIES- contiihu¢d iv. 2 California Roftd- ii)%iircd ii'itl) Trinitas Cl)urcli In5urancc for £551,204 Fixed Assets Consecralcd and ben¢fic¢ propcrly is excluded froni the accounls in accorilai)ce iviih sl 0(2)(fi) of thc C.harilies Act 2011. No valuc is placed on movable chiirch furni5hiii8s licld by the Chiirchii'ardens 011 5pe¢ial Iriisl for tho PCC, ftnd ivhich rcquire fciciiliy for disposal since the PCC considerg iliis lo be inalieiiabl¢ pi'operts,. All ¢xp¢ndilurc inciirred diiriiig tILC yeai. 011 coiisccialcd or b¢ii¢ficed buildings and Inovablc chLirch furnishings, Ivhetlier Inhiiit¢nancc or improi'eniei)l is wrillcn ofl as in¢Lirred. Oih¢i laiid and buildings Otlicr land and biiildings held 01) behalf of ihc PCC for its oivi) purposes 1$ valiied al l)istorical cost. No depreeiaiion is h¢irgcil ttgainsi sucli properties bill any cxpcndiliire 01) Inaii)lenanc¢ is ivrillcii offil'hen iiicurred. Neiv Church Hfill The neiv Chiirch Hall ¥V41S buili and conipl¢led in 2017. Th¢ dcv¢lopni¢iil costs lo year ei)ded 31 E)cG 2018 ivere inciitTed by th¢ Dio¢e5¢. as custodian Irlislee of Ilic neiv halls, .0Tkl1ig in parlnership iviih Chrisi ChLiich. Tl)e legalili¢s of Ihc oii'iiersliip and final seiileniei)I sum ivere Iraiisferrcd lo Christ Chiircli iipon coi)Ipleiioii of ihe sal¢ of Ihc old cl)Iirch lialls and IA Can)bridge Aveiiuc in 2019. Iloili properties ivere sold oil Ilie 3 Jul), 2019 as pat1 of & propei'ly clevelopin¢iit d¢al ii'iih Soiiihil'ark Diocese in exchangc for ihe neivly built chiircli hall, vicarage and a pn)portioii of Ihc cash procccds from ilie sale of th¢ priFp¥rties CQLl¢illing £905,900.47, n¢1 of sales cost5 . other fixtures. fittings ind equipinenl. Eqiiipniei)I Iised iviihin ihe chiirch, bul i)ol f¥illii)g iiilo Ihe ¢ategori¢s nicnlioii¢d above, anLI cosliiig Inorc than £5.000 is Ileiirecialed Al 33 % per aiiiiiini oil a reduciiig balaiicc basis. OlCe eqliipiiieiil c051iii8 iii ¢Ncess of £5,000 is capitalised aiid dcprcciftled al 330/tr1)er onnlim oil a rediiciiig balfiiice b&sis. DONATIONS AND LEGACIES 2024 2023 Doi)ations Gifiaid Legacies Grdllts Collcciiolis al all sen'i¢es l)oiialed scri'ices fiiid facilitics 199,673 49,225 207,000 194,150 43,154 16,400 29,904 3,936 105 4,842 469,394 287,649 tiraiits receii'ed, iiirliidcd in the al)oic, Mrc as folloii's.. 2024 2023 Oihcr gran1s 8,654 29,904
THE PARISH OF NEIV lALDEN & co0[BE, CHRIST CHURCH AND ST. JOHt44'S NOTES TO THE FINANCIAL STATEMEP4TS- Coiitiihued FOR THE YEAR ENDED 31 DECENIBER 2024 OTHER TRADING ACTIIFITIES 2024 2023 Church leltings Rcnl Church groupsl¢i'eiil$ PCC fccs 72,9J6 A,080 (137) 1,731 49,907 1,968 3,516 3,136 75,610 58,527 INVESTIIIENT INCOlE 2024 2023 Liirr ass¢t In iiicoii)e 39,370 23.386 CHARITABLE ACTIVITIES COSTS SLlPPOrt costs {5CC i)ole 6) Direcl Costs olals Oihcr C0515 376,317 36,434 412,751 SUPPORT COSTS tiov¢i'nanc¢ costs Oiher Costs 36,434 TRUSTEES, REfvIUNEK4TION AND BENEFITS Tl)ere ii'ere iio Iriistccs, rLniiii)craiioi) or oiher beiiefils for 11)e }'e4ir ci)dcd 31 1)¢¢¢inb¢i' 2024 nor for Il)e >ear ei)cle(I 31 t)¢¢¢inb¢r 2023, Trii$tees' expenses Tliere il'ere iio IrLlStccs' cxpciiscs i>aid for Ilie yeai. ended 31 Deceiiiber 2024 nor for Ilie yeai. ended 31 Dcc¢ii)ber 2023. STAFF COSTS 2024 2023 agcs and salarics Social seciirity cosls Oilier ptiisioi) cosis 86,647 1,585 5,369 601 4,379 116,192 93,601 Included ii'iihiii ilie al)oi'e £24,232 (£23,729) rclai¢ lo Si Johi) slarriiigy cosls. 'I"h¢ av¢r&ge moiitlil), iiiiii)bei' oleinploj'ecb diiriiig Ilic }'¢ar il'as as folloii's.. 2024 2023 r.Inplo)'ed siaff No eLiiplD)'ees receii'e(l einoliiiiiei)ts iii cxccss of £60,0(1O. c()ntii)Iied...
THE PARISH OF NEW MALDEN & COOhIBE,
CHRJST CHURCH AND ST, JOHN'S
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE I'EAR ENDED 31 DECENIBER 2024
COTrIPARA TIVES FOR THE STATEMENT OF FINA'CIAL ACTII'ITIES
Unrcslricted
(unds
Rcslrictcd
funds
olal
runds
INCOIIIE AND ENDOIVAIIENTS FROINI
D(Iiiation5
THE PARISH OF IYEIV lALDEN & COOIIIBE, CHRIST CHURCH AND ST. JOHN'S NOTES TO THE FJN,INCIAL STATEMENTS- contlnlled FOR THE YEAR ENDED 31 DECELIJBER2024 DEBTORS: AlouNTs FALLING DUE WITHINI ONE YEAR 2024 2023 Oilier debtors Tax recol'erablc Prepa}Imcn15 aiid accrued incomc 28 13,853 2,527 28 24,987 2,367 16,408 27,382 12. CREDITORS: ANIOUNTS FALLING DUE WITHIN ONE I'EAR 2024 2023 Oiher cr¢dilors 9,138 7,952 13. IIIOVEIIJENT IN FUIYDS Ncl Inov¢in¢iit in ftiiids Ti'ansfei's bclii'¢cii Al 31.12.24 Al 1.1.24 Uni'ostricled fiinils Clirisl Cl)Iii'eli CJeii¢Tal I"'Iind Si John's Cieiieral l-,Iind Frceliold property rc5¢rve 691,301 119,734 222,623 {2,869) 178,344 688,432 292,538 222,623 {5,540) ,033.658 175,475 (5,540) ,203,593 Reslricled fuii(Is CC Mission fiii)d$ CC Siindry Si Jol)ii's Special l-'ui)d Si Johii's Mi5sioiian' fiiiid St Johii's r)is¢rclioiiary flind Si John's CAP fLlI)(I 33,511 5,950 ,292 1,453 2,460 44,389 3,129 (2,563) (1115) {4,642) 158 36,640 3,387 1,187 3SI 2,618 3,540 2,000 89,055 (3,852) S,540 90,743 TOTAL FUNDS 1,122,713 A71,623 ,294,336 Nc( Inoveineiil iii fiiiids, iiicliided iii tli¢ aboi'c arc as follom's.. Resoiirc¢s exp¢nd¢d Moi'cmciil resoiii'ces Unrestricte(I fuiids Chi'isi Chiirch Gcner(11 Fiiiid St John'5 Gciicral Fiiiicl 232,203 301,349 (235,072) (123,005) {2,869> 178,344 533,552 {J58,077) 175,475 R¢slri¢ted funds CC Missioii fiii)ds LC Siiiidi) St Johii's Special fui)Il St Johll's Missionc1n, Fiiitd St John's Di5cI'clioiiai'J' fund Si Jolin's CAP fiiiicl (6,636) (3,407) (1531 {11,995) (355) (32,128) 3,129 {2,563} {105} {4,642) 158 844 48 7,353 SA3 32,299 50,822 154,6741 {3,852) TOTAL FUNDS 584,374 1412,7$1) 171,623 l>k)gc 13 coi1liiiiiLd...
THE PARISH OF NEIV NIALDEN & COOIllBE, CHRIST CHURCH AND ST. JOHN'S NOTES TO THE FINANCIAL STATEMENTS- Continued FOR THE YEAR ENDED JI DEcE[BER 2024 13. IIIOVEMENT IN FUNDS- eonliiiued Coniparatii'ts for moveinent in fuiids Nct moven)enl in fuiids '[ ranslers b¢liveeii fiiiids Al 31.12.23 At 1.1.23 Unrestricl¢(I fuiids Cl)rist Chiirch Gcncral fund Si Johii's Geiieral Fiiiid I'-rcehold propeit} rcscrl'c 731,238 101,741 222,623 {39,9371 28,170 691,301 119,734 222,623 (10,177) 1,055,602 (11,767) (10.177) I,OJ3,658 R¢slrieted fun(l$ CC Missioii Fiinds CC Suiidry Si John's Sp¢ci¢il fiiiid Si Jol)ii's Missionary Fuiid St Johii's l)i5crelionftiy l.und Si Johi)'s CAP Fiind 24,514 6,146 1,181 582 2,533 22,982 8,997 {196) 153 12,923) {73) 14,982 33,511 5.950 ,292 1,453 2.460 44,389 (42) 3.794 6.425 57,938 20,940 10,177 89.055 TOTAL FUNDS 1,113,540 9,173 .122,713 Coiiiparaiivc net Inoveiiienl in fui)(Is, iiiclii<lc(l in Ili¢ abovc gl'e as folloii's.. Ilesourccs expended Moi'einenl in fun(Is resoiirces Uiii'eslricte(I fund5 Chri51 Cliiii'cli Gcncral fLllid Si Johii's Cieiici'al F,Liiid 197.701 110.203 (237,6381 (82,033) (39,937) 28,170 307,904 (319,671) (11.767) Reslrieled fun(18 CC Mission fiinds CC Siii)clry St Johi)'5 Spccial l.lind St Jolii)'s Mi5SIOll<1r}' Fiiiid Si Jolii)'s Disci'elioiiar>' Fiiiid Si John's CAP l.'Lll)d 10.797 2,082 1,258 6,352 432 40,737 {1.800) {2,278) {1,105) {9,275) (505) {25,755) 8,997 (196) 153 (2,923) (73) 14.982 fj1,658 (40,718) 20,940 TOTAL FUNDS 369,562 (360,389) 9,173
THE PARISH OF NEIV P¥lALDEN & COOLIIBE, CHRIST CHURCH AND ST. JOHN'S NOTES TO THE FINANCIAL STATEfvIENTS- continued FOR THE YEAR ENDED 31 DECENIBER 2024 13. IOVEfvIENT IN FUNDS- coiitinued A currcnt ycar 12 Iiioiiths and prior )'ear 12 Inoiiihs ¢ombincd posilion is as folloivs.. N¢1 nioi'eineiil in fiinds Transfers beliveen fiinds At 31.12.24 At 1.1.23 Unre51ricted fuilds Christ Chiii'ch General fuiid Si John's G¢n¢ral I,iind rreehold propcrty rcscrvc 731,238 101.741 222,623 {42.8061 206,514 688,432 292,538 222,623 (15,717) 1,055,602 163.708 (15,717) 1.203,593 Restricted funds CC Missioii funds CC Siindry Si Jol)Ii's Spccial l."und St JTrl)Ii's Missionar), Flind Si John's Dis¢rclionary blind St John's CAP fiiiid 24,514 6,146 12.126 (2.759) 48 {7.565) 85 15,153 36,640 3,387 1,187 351 2,618 46.560 (42) 7.334 582 2,533 22,982 8,425 57,938 17,088 15,717 90,743 TOTAL FUNDS 1,113,540 180,796 1,294,336 A ciin'eni year 12 moi)Ihs aiid prior ycar 12 Inoiiil)s coinbineil nel movcnicnt in (iinds, iiiclLidcd iii Ilie aboi'e are N5 folloivs: Iiiconling resoul'ces Resourccs cxpcndcd Movcii)ei)I li) funds Uiii'estrlcled fumds Clirist Chlirch CJei)eral I'.Liiid Si Johii's (y¢ii¢ral fiiiid 429.904 411.552 (472,710) (205.038) (42,8061 206,514 841.456 (677,748) 163,708 Restricted fiiiids CC Mission I Iiiids CC Siindiy Si John's Si)ecial r.lind Sl Johii's LKqissionary' I'iiiid si John's Discrelioi)ary fiin(I Si Joliii's CAI) l.i111d 20.562 2,926 1,306 13.705 (8,436) (5,685) (1.258) (21,270) (860) {57,883) 12,126 {2,759} 48 (7.565) 85 15.153 73,036 112,480 (95,392) 17,088 TOTAL FUND5 953,936 (773,140) 180,796 Missioi) fiii)ds cll'c doi)alcd iii siippoi1 ofniissioiiai'ics aiid Inissioi) sociclics (il Ilic dircclioii of doiitsrs. Moiiies li) Ihe Si John's Speci1£ I fiiiid rc uscd lor St Jol)n's chiirch ai Ihc discmioii of lh¢ Si John's Coininiiiee. Siindrj. fiinds irc pi'l11111 ri[ Inoi)ics gii-.cii ilial ar¢ eiirii)tii'ked Tor specific cliarilies. -rile Si Jollii's Di5cfLlioiiai)' l-'Iiiid 15 nioii¢>' gii'en PliIll2r I'll). iii siippoi'l of1¢5s INCII oft Pdrishi()ners, Tlie C.IlP r(Iiid liiiaiiccs ii'ork INiili pcoplc sIgglIng ii'iil) debt. contllllied...
THE PARISH OF NEIV IlALDEN & COONIBE, CHRIST CHURCH AND ST. JOHN'S NOTES TO THE FINANCIAL STATEMENTS- ¢oJitiiiued FOR THE I'EAR ENDED 31 DECENIBER 2024 14. RELA TED PARTY DISCLOSURES 'rhere iiere Tho rclatcd party tran5acti0115 for the year ended 31 Dcceinbcr 2024. 15. DONATIONS TO IkllSSION ATrID OTHER CHARITABLE II'ORK St John, Froni G¢iier Ox)'g¢n Insight KCAH I l."unds £1,600 £1,560 £1,600 rroni Indivi .1 eains Missioi) Africa Arab Ivorld Media U¢11 Doiiation5 £3,900 £3,395 £1,500 Christ Chur rroi)i Gcneral I,'iiii Oxyg¢ii rroin Iiidii'idiial D Jcai)nc E4Lichaiian IISPCA £3,000 £276 Pagc 16
THE PARISH OF NEIV fvIALDEN & COOIIBE, CHRIST CHURCH AND ST. JOHN'S DETAILED STATEI¥IENT OF FILYANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECENIBER 2024 2024 2023 INCOhlE AND ENDOIVThJENTS Doiiations And legficie$ Donalioiis Jitl aid Legaei¢s Grants Collcctions al all seriiices Doiialed sen'ices and facilities 199,673 49,225 207,000 8,654 4,842 194,150 43,154 16,400 29,904 3,936 105 469,J94 287,649 Olli¢r IrA(ling Aetii'ities Chiircli Icllings Ilent Chiirch groiipslevenls PCC fees 72,936 1,080 (137) 1,731 49,907 1,968 3,516 3,136 75,610 58.527 liii'esti)ieMI income Ciirr assei inv iiicoiiie 39,370 23,386 Total Incomlii£ resour¢e$ 584,374 369,562 EXPEIYDITURE ChArilable Aclli'lllès 111,212 601 4,379 8,260 8,795 3,429 2,400 10,689 76,186 3,644 128,607 1,564 7,780 375 ,396 86,647 1,585 5,369 4,575 9.275 5,795 2,400 9,832 96,148 4,344 79,700 880 8,266 5,861 8,948 bocial seciirily P¢nsiOI)S kloiiie mi551011 Overseas Inissioii Otlier charilies Scl)00151cdiicalioi) Ivork OLilr¢acl) l)ioc¥saii i)arisli sliarc 'orsl)ip Chiiirl) proi)crt)' costs Starrexpe115es oirice aiid adiiiiiiis(ralioi) Otli¢r C.A.lJ expciises 376,317 329,625 Svpi)ort costs Goi'eriiaiice costs A¢coiiiit£lllC}' anil legal fees Inclei)¢iid¢iit Exni)1111<l1ioii lee ixILircs ancl fillin8S 5,720 960 24.084 960 30,174 36.434 30,764 This page Iloes iioi foriii Pill'l of Ilie slaluloiTr, fiiiancial Sl<il<'ineiilS
THE PARISH OF NEIV NIALDEN & COOhlBE, CHRIST CHURCH AND ST. jO's DETAILED STATEfvlENT OF FINANCIAL èlCTIVITIES FOR THE YEAR ENDED 31 DECENIBER 2024 2024 2023 'rotal r¢sources expended 412.751 360.389 Net income 171,623 9,173 Tliis i)agL (loes noi fon)) part of Ilie siaiiiior), fiiiaiicial Slfilciiiciils l)agc 18