FARNHAM PAROCHIAL CHURCH COUNCIL IRe£lst•r•d Ch•rfty no. 11388551 FINAP4CIAL STATEMENTS YEAR ENDED 31 DECEMBER 2023 FARNHAM PAROCHIALQIURCH COUNaL FINANCIAL STATEMENT5 YEAR ENDED 310ECEMBER 2013 CONTENTS PAGE PCC Inftsrmatlon Councll Members, Report Independtnt Examlnees Report Staternent of Flnan¢ial 8alance Sheet Notes to the Flnandal StsteM•nts FARNHAM PAROCHIAL CHURCH COUNCIL PCC INFORMATION YEAR ENDED 31 DECEMBER 2023 Prlnclpal Address Parlsh Office The Rectory Upper Church Lane Farnham Surrey GU9 7PW Parochlal Church Councll Members Members of the PCC are elther ex-offldo or are elerted at the Annual Parochlal Church Meetln8 In accordance with the Church Representative Rules. Durlng the year the followlng senled as members of the PCC: Cl•rgy The Reverend David Uffindell Churchwardens Martln Eberhardt Carollne Walker Elected PCC Representat5ves Emlly Hlslop- Hon Secretary Lynn Attw¢)od Rlchard Halnes Iresl8ned 23 Aprll 20231 Mary Hollocks- Deputy Warden Dlana Martln Louls Perry Sian Platt Geoff Riggs Trevor Walker Linda Tolmie lappointèd 23 April 20231 Mike Mcoougall (appointed 23 April 20231 Deanery synod Representatfves Geoffrey Ri Slan Platt U¢ensed Lay Mlnisters Andrew Partrfdge Chlldren & Famllles. worker Emma Dear FARNHAM PAROCHIAL CHURCH COUNaL PCC INFORMATION YEAR ENDED 31 DECEMBER 2023 Honordry Treasurer Michael MtDwall Honorary Secretary Erni￿ Hlsl¢)p Bankèrs CAF Bank 25, Kln¥5 Hill A¥enue West Mallln8 Kent ME194JQ Natwest Bank pk P.0. 8ox 7 39, Tht 8orough Farnham GU97NR Senator House 85 Queen Vlctorf¥ Street London EC4V 4ET Ind4pendent ex4mSner Independent Examlner Jason Foxwell Sndependent-examlner.n•t 39 Enfieltl Road Poole Dorse( BH15 3U FAANHAM PAR(￿NIALcNUftCH CI)UKIL COUNCIL MEMBERS. REPORT Itontkny•dl YEAR ENDED 31 DECEMBER 2023 Resen￿1 Pollry It Is the poliq ofthe Pccto malnt*n vnrestrict2d fv￿￿￿bth*rethtrfvee rexr4N*a equ*te5to between flve and nlt)e mL￿th5, unre$1￿(1ed owdlture. prlyldes A￿￿entfundS tocover ongdngtharftable expenditure, Indudingthe Parlsh Share payabletothe ￿(￿est. At 31 tlettmber 2023 unre5trfj￿ lundslmounted to £197.98012022.. £220,273) apP￿Mill$tO 12 montTr¥ of Unrestr5tt￿ exk*thditure. Rlsks ThÈ m3lorrtsk$towhlch the PCC lsexposed,35 Iden￿fied tythePcCM￿bWs.hrn t4th r*￿e¥￿I •nd¥yTteffls have beén implemented to rnltl84te those risks. Structur•. Gowrn•nul M•n•8•m•ht The Itiél status olthe th4rlty15 Set￿1 abrwe. Members of the Pirochi•l Church Coundl ir¢ ¢le¢ied everyyaithe thiulll Chufth Meetlnil'AP(M'I. PCC m¢mb•N •rè èlect•d ￿ery￿arlor • perbd of one year•ndun be rtrele￿ upto • m&*lmum term of slx years. A new rnomhrmuii ts• wopomd toh •bl• tos•NÈon thee￿1￿￿. Meff*¢rs• repla¢ed asthey retlre. EM￿fflclO members of th• PCClrKlthl• dtrlrw and dloce&in S¥￿ rMmb•r& thutthwardens, Ikensed layministers •nd dertr. The financlal reportln8 framework whlth ha5 b8en applled In th• prnpar*ion olthefinancfjal 51atements Is applleable I￿1￿d the Stat•m•nt ol Recommendtd Pr*thteappllgble io ¢￿￿tIeS kYep•rfwthelr attounts In accord•n¢e wlth the Flnandil Reportlni Standard aPplIub￿ In the ilnrted arKI Republlcof Ireland IFAS 1021 Iqff•cdv• L Janu•ry 20151 Ivnthd Klwdom Gwen1￿￿¢¢PledAc(￿nUtyprll1ICe.} R•f•r•n¢• •nd Admlnlstr•th* D•tsii These ore s¢¢out on pays I to2. Covn¢ll M•mb•n' R•sponslbHItI•s The Councll Members are regulrtd to preyr¢ lor fin•￿111 ￿lI.M￿￿111 staternentswNth i tnK •nd f•ir ¥￿wO¥the State of alfilrs ofth• KC th• MI￿* forth• flnmda stawTh•ots th• ndl M•m￿r5 are i•qulred w.. . ￿lect 5ult4ble accountlni polldw •nd Ipp￿th•M<0r￿ls￿￿tr¢.' - Makelud8ments and estlmatesthat ¥e re•son•blt ond pryden(' . Stale whether appllcable accouniirymanda￿s ha¥e beeNf+Jllo**d. yJbJ•rtto*rymatsrtal dwartrJre% d￿d0$ed nd emplalned In the finantlal statemants., and . Prepare the ffnarK￿I st￿¢m￿nIS0n the W￿¢onc*M Is IMpprowl¥t•topr•wm• th1s1)• The Coundl Membernam foronwrfw that proper¥WJrth4￿￿￿swe1èpE*hIth dI￿Ose. ￿th re•son•ble ¥¢eurney it Jnytirne, theflNn<￿l poslllon ol th• PCC Try•re •lw resw&ble for ufetu¥rdini th• 45sÈts of the PCC•nd hence fortakkn8 reasonawe steps w prevent and detettfr*Jd Ind otherity4￿￿t￿s. Approved by order ofihe Parochi•l chu￿ on 2024 •nd Its beh•lf br. ffind•ll Ichalrman M Eberh•rthlthu FARNHAM PAROCHIAL CHURCH COUNCIL INDEPENDENT EXAMINER'S REPORT YEAR ENDED 31 DECEMBER 2023 INDEPENDENT EXAMINER'S REPORTTO THE PAROCHIAL CHURCH COUNaLOF FARNHAM I report to the Council Members IYruslees"l on my examlnation of the accounts of Famham Parochlal Church Council l.the Charlty'l forthe year ended 31 December 2022. whlth are set on page5 to fourteen. Responslbllttles and basts of report As Trustees of the Charity. you are responsible for the preparation of the accounts In accortance wlth the requirements of the Charlues Act 20111.the Aci'l. I report In respect of rny examlnatlon of the Truste￿. accounts carrled out under sectign 145 of the 2011 Act and In carylng out rny examinatlon I have ftsllo**d all the appllcable Dlfertionsgiven by the Charftv CommSsslon under sertion 145151 Ibl of the 2011 Act. Independ•ni EMAmlner's Ststement I have Completed my examlnatlon. I confirm that ng materlal matters have come to my attentlon In conne¢tlon wlth the examlnatlon 8Mng me ¢aus• to bèlleve that ITh any matthal respect.. 111 accountln8 records were not kept In rewect ofthe aMhty as requlred by sertlon I30 of the A¢ or 121 the ac¢ouAts not acconl wlth those rewds: or 131 the accounis do not comply wlth the appllcable requlrtmtnts ¢oncemln8 the forni and content of accounts set out In the Charill* (Accounts and Reports) Re8ulatlons 2008 ￿her than any requiremènt that the accounts 8lve a"tNe and fa1rwlÈ￿ whlch Is not a rnatter ccffjsldered as part of an Independent examlnatbon. I have no concerns and have come acr055 no other matters in connection with the ex¥minatlon to which attention should be dfawn in this report in order to enable a proper understandln8 ol the accounts to be reached. Independent Examiner Jason Foxwell 1ndependent-examlner.net 39 Enfield Road Poole Dorset, BHIS 3U Date.. 2024 FARNHAM PAROCHIAL CHURCH COUNaL STATEMENT OF FINAfvICIAL AcllviTIES YEAR ENDED 31 DECEMBER 2023 31,12.23 Total Funds 31.12.22 Total Fund5 Unr•strlrt•d Restrlrted Funds Fund5 INCOME FROM Donatlon5 and legacies Charltable Actlv(tles Investment Income 130.749 31,093 5.414 L713 132,462 31,093 5.414 125,576 34,652 4,481 Total 167.255 L713 168.968 164,709 EXPENDITURE ON Charltable Artlv5tles: Dlrect Charitable ActivltSes Adminlstratlon expenses 185,187 12,577 1,119 186,306 12,577 222,204 15,073 Total 197,764 1,119 198,883 237,277 Net gainslllossesl on inve5trnents 12 8.216 24 8.240 129,1691 NET INCOME/ IEXPENDITUREI 122.2931 618 121,6751 1101,7371 Amalymatlon of Frlends of St Andrews 16,5SI 16.551 Net movement In Funds 122,2931 17.169 15,1241 1101,7371 RECONCILIATION OF FUNDS Total funds bro￿ht forward at 01.01.23 220.273 262 220,535 322,272 TOTAL FUNDS CARRIED FORWARD ai 31.12.23 197,980 17,431 215.411 220,535 FARNHAM PAROCHIAL CHURCH COUNaL BALANCE SHE 31 DECEMBER 2023 31.12.23 Unrestrlrted RIStrkt￿ Total Fund5 Funds nds 31.12.22 Totsl Funds FIXED ASSÈTS Tan8lble fixed assets Investments li 12 14.352 ISO,102 14,352 167.533 14,976 189.292 17,431 164.454 17,431 181.885 204.268 CURRENT ASSETS Debtors ash at bank 13 7,815 34,024 7,815 34,024 6.533 34,267 41,839 41,839 40.800 CREDITORS Arnounts fallln8 due w￿h1n one ye 14 8.312 8,312 24,533 NET CURRENfAssETS 33.526 33.526 16,267 TOTAL ASSETS LESS CURRENT LIABILITIE5 197,980 17A31 215,411 220,535 NET ASSETS 197,980 17,431 215,411 220.535 FUNOS Unrèstrlctèd funds Ilestricted fvnds 15 15 197.980 17.431 220.273 262 TOTAL FUNDS 215,411 220,535 The financial statements were approved by the Parochial Church Council on...... .. wère signed on its behalf bv: -.2024 and Indell IRectorl M Eberhardt I ardenl FARMHAM PARCThIALCMURCH COUNaL NOTES TO THE FIIW40ALSTATEMEPIT5 YE￿1 ENDED 31 DECEMBtR21123 L ACCOUNnNG POiKIES 81$15 of pveparln¥ Iheffnanclal s¥t•m•tt The financial statements of thecharty. Is a pubht benefftenUtyundEr FRS 102. have been PTepaTed In atcordante the char￿e5 SORP IFRS 1021. knunlin8 and Rewrin8 tytharlt*s'. siatement of Recomrnended Pracrke appllcable to tharltle5 preparfnBts*lraccounts It) •ttorthnceth4th the Final￿11 Reportlni stapdard appllc3ble in the UK and Reput4ic ol Ire￿nd IFRS 1021 (effec￿ ljantsary 20151.. FAS 102 Yhe FIna￿lI Repo￿ Standard applk•bl• in the UK eod Reput41c ol IwElaDd". tt*OurllJes Act 2011 •tyd th•(hurth•*cothtkn8 Relula￿OnS The flnandgl statements ha￿ been prepared underthe hlstorfcal c05t con¥entlon except for thevalu4tion ol Investment assets, which are sh¢th￿ •t market ￿l￿e.Th*fiNnCIll statements indude 411 tranython5, assets •nd Ilabllltles for whkh the PCC Is rtsponslbl¢ In law. Theydo not Snelude the attounts of¢hwthyoups thrtowe thelr Iln affillation to another body nor thos¢ thitare Infowmal (athe￿￿$ Offth￿ members. Incomlni Il Collections arp indudod In the flTharK￿I st•teh)e￿wheTr reuw tyoron bth•Wolthe PCC bl Planned uhAn8 r￿e￿a￿e vndeTG1ft￿0 ￿ IrKluded In the fin*ntlal St*ten￿WheTr rerew bythePCC. cl Ineome tsx r*to¥er•￿t w Gift Aided Inco￿*15 Induded In therin*￿Il statementswhen the Incomi Is r•celvable. dl Le8acy Incom• Is •¢￿￿￿1•d forwheftfe¢th+*blè. el Grant Incomè Is accounted ltsr wh•n r•r•fvabl•. R•wurt•i Exp•nd•d ExF4ndlture Is ae¢ounted lor on In ￿(rU￿15 basls and t4*n d￿ffled ynder headlnp th•t aureytt￿I tosts rel•ted tothe catryory. Wherecosts canmt be dlrerttyittrfbut•d to partkutsr headin85 thryb1￿ been alkxlted to ict1v￿eS on a bas15 Co￿55tent wth the useof resourus. Grènts ind don•tJofis I￿ xcountel ftyWh￿ wld o¥*r grwhen oward•d, Irtht award uea1•5 a t4ndr4 ¢¢ • wnsiry¢ifvtoWWoh M th¢ KC T￿lIbl* Ax•d As¥•ts Consecrated and benelke k¥opertylSexcl￿￿edf￿rn ihe •ccounts bys. 101211*1 ofth• Ch*rftl•s Ad 2011. Depreelatlan Is p￿ded It tht lollowlrv4 annual rths In towrfte off each •sseto¥erlts esiSm•tedusehJl Fr¢thold property Computer Equlpment Flxiurw •nd lthlrys 2Xona 5tral8ht b•sls 33.Aon a stsal8ht lin• b• 33.3%on 4 5tr•1thi Ilnebm Investments •revalued at thdrdosln8 ml&market v*lut itthl ￿lInc•ShIrtdat1. *4ryDln50rltyss•s rev8luaiion aretsken tothe Ststementof Fin•nual Aeiith. T*x*tlon The PCCIS e%emptfromt•X*)n its Charits￿e*l￿¥ltl￿. Fund Attountl Vnresirtted funds repr*serfthefvThJs of the PCCth•tare nDtsubSECt to any r25t1k￿0Trs governing thetr use and are available fDr appllcatlon on the 8ener31 purpose5 oftt* PCC ￿se I￿l￿de lundsdesW fora pirtt purpose bythe PCC. Restritted fuNJs represent eitherincome from trustsortthdowrnqntswhKh may boexpoThlodonlyon thDSQ restri¢ted objetts pra￿ded in the tErrn5of the tru51 or teque5ts or dDnations or grants r￿￿vedIOr a SPEcific object or Invited bythe Pccfora specth¢ obJ"ecL The* m3yonhTbe ewded onthe sk*tsftc oWlorTrthKhthey wÈre 8ivÈn. Further explanation of the nature ond wrppse of eath knd L% rhxeststhefinonual rtaten*n FARNHAM PAftOCNIALOIURCH COUNOL NOTE5 TO THE FINANCIAL5fATEMEKrs YÉAR ENDEO 31 DECEMBER 2023 Totsi Funds 31.12.22 I DOPIAnQNSAND LEGACIES Funds 31.12.23 Funds 31.12.23 Total Fun 31.12.23 nations,, giviry by standln¢ Donatlons.. 6lvSn8 by enveloFe Donations.. 018ltal ReceSpts Donatl¢n$ and appeals Sundry Income and donatbns Q)Ilectlons at servlces Income tax recoverab￿ v￿GIft￿ld Sound Ind •nd StAndrew5 ￿lId￿l L•84dos 56205 56.205 54.922 400 2,162 29.291 2.935 4.346 16,464 15,056 7.2th) 7.2(X) 19,860 5,451 5,259 17,855 20.631 1713 5.259 17055 20.631 130 749 132 462 125 576 3. INCOME FROM CHARITABLE ACTMnES 31.12.23 31.12.23 31.12.23 31.12.22 Funeral and weddlog fees r¢olv¢d Church lettlny and rent of property 7.215 23￿78 7,215 23,878 7.539 27,113 31 4.114VESTMENT INCOME 31.12.23 31.12.23 31.12.23 31.12.22 Deposk aeeount 5ntere￿ and dlvldond InctyY* S. EXPENDITUREON DIRE￿cHAR[fAKEA£YmTrÈs 31.12.23 31.12.23 31.12.23 31.12.22 Mlnlstry costs.. Parlsh s￿re Mlnlstry Costs.. other Chlldren & youth expense$ In¢ludln¢(05r rfchlhlren'5W￿ker St. Andre￿S Churth runnln82xpenses and repal St. Andre￿'S Tower project St. Frnnci5'5 Church runnin8 expenses and repalrs Parfsh Office runnln4 expenses and re￿IrS Mlsslon and outreach Isee note 61 Lay salarles and fees Insurante Rectory runnlryexpens¥ •d rep•ir¥ Hilh Park ft0￿ marwgement fe?￿d experfjes 415 s.￿7 3.229 34.174 12.133 2.199 720 18,0381 34.359 7.159 731 88A15 5.907 3.229 35.293 12.133 2.199 720 18,0381 34,359 7,159 731 4,2 86.976 6.281 2.267 64.¢*3 1119 6.158 8.212 33,489 6.768 995 4.171 FARNHAM PAROCHIALCHURCH COUNCIL NOTES TO THE FINANCIALSTATEMENrs YEAR ENDED 31 OECEMNER 2023 6.MISSIOII ANO OUTREACN 31.12.23 31.12.22 P￿￿ded 2022 reversed 2023 7. ADMINISTRATION EXPENSES 31.12.23 31.12.22 Parfsh office expen Profe5s1onal fees Other èxpens•s 6.208 625 5.744 7,118 595 7.360 12.Sn 15.073 $.m￿ MOVEMENT IN FUP4D5 Net m¢Mment In fijnds h stated •ftefth•rylw'. 31.12.23 31.12.22 Indtpendent Examlner's fee Deprecl8tlon- owned i%ets 625 624 59S 624 9. PCC MEhlBERS' REMUNEKAnON ANO EXPENSES Th•r• ￿r• no KC m•mb•rs' rnmuh*ntbn oroiher ber*fits lorthe yearended 31 Oecomber 202312022.. Énll.) Da￿d Ufflndell. a member ofthe PCC re1m￿rSed exponsesof É2.075 for the yur •nd•d 31 D•c•mb•r2023 12022-: £2.3851 In respect of travel. telephone. books & sundry Otherex￿nIe$. io FARNHbhl PAROOILALIHURCHCOIIIKA NOIÈSTOTHE RNA14a￿sTATÈI&mrs YEAR EfvY)ED31 DECEMBER￿2) IQ STAFFCOSTS 3L1123 3L1222 34J59 Pen51Musts 581 34m 16ts114t•part.um*.Th••quP4ilontTrurnberof lul.kn*qmphyfft5ts111022.. 1 No•mployeq ref St AndtV**'5 Churth. Th•J• mOhl*s hJ¥E bttndulin4tedtofund pwokn¢Wistr•CWr•tyYtyAhinOf￿￿tylCYFI rnlnwv. rlindbdSllmdr• Fo￿tr￿N1th*1m1￿lrn1tknQlFrl•nd50IStkndrM IAt•th•d*bty.fimtsolE16551.w• ty¥ohrnd low1nt￿n. re￿1, restue, Pr￿th￿, Imw¢*e. b••ytlfyJnd reCO￿rUCt lorth• bM•fit oltP• ￿1￿￿*1¥bfk￿l1fvt Ilcthwth c4StAr￿¥, tts n*ure4 filt￿ lurturo, stiln•4W•*s, ornim•nts wdothw