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2024-12-31-accounts

Parochial Church Council of United Parish of: St Andrew's - Chinnor St Mary's - Sydenham St Peter & St Paul - Aston Rowant Nativity of the Blessed Virgin Mary – Crowell

Annual Report and Financial Statements for year ended 31[st] December 2024

Contents

Legal and Administration .................................................... Page 3 - 4
Annual Report of the Parochial Church Council ................... Page 5 - 7
Independent Examiner’s Report .......................................... Page 8 - 9
Statement of Financial Activities…………………………. ........... Page 10
Balance Sheet……………………………………………………………. Page 11
Movement of Funds........................................................... Page 12
Fixed Assets………………… ................................................... Page 13
Notes………………………………………………………………………... Page 14 - 16

Legal and Administration

Parochial Church Council

The members of the Parochial Church Council (PCC) are Trustees of the Charity. The members of the PCC who have served at any time from 1st January 2024 until 31st December 2024 are:

Rector Reverend Dr Jacky Barr Retired Clergy Reverend Joan DeVal Reverend Dr Brian Griffiths Reverend Tony Whitaker Licensed Lay Minister Margaret Poole

Parish Safeguarding Officer Jane Tucker Churchwardens Chinnor Mike Ashdown (Until July 2024) Robert Pegg Sydenham Fiona Kermack (Until April 2024) Roy Harrison Aston Rowant Richard Boarder Crowell Andrew Warman Maggs Warman

Deanery Synod Representatives

Elected for 3 Years from 22[nd] March 2023

Elected for 3 Years from 22n dMarch 2023
Lauretta Milligan
Andrea Oughton
Margaret Poole
Elected PCC Oficers Mark Prescott PCC Secretary
Michael Powell PCC Treasurer
Elected Members Sue Ashdown
David Deval
Grace Gibbs
Jackie Grifiths
Gilly Harrison
Pat Heywood (Until April 2024)
Mark Humphrey (Until April 2024)
Nick Milligan (From April 2024)
Patricia Prescott
Adele Stanclife
Sue Wright
Tessa Wyatt

4

Address St Andrew’s Church Church Road Chinnor Oxfordshire OX39 4PG

Banks CAF Bank Ltd 25 Kings Hill Avenue Kings Hill West Malling Kent ME19 4JQ Lloyds Bank PLC 13 Cornmarket Thame OX39 2BN

Investment Managers CCLA Investment Management Limited The CBF Church of England Funds 80 Cheapside London EC3V 6DZ

Independent Examiner Heather Emerson

Charity Number 1142316

Annual Report of the Parochial Church Council (PCC)

31[st] December 2024.

The PCC has adopted the provisions of the Charities Statement of Recommended Practice (SORP) (FRS 102) issued by the Charity Commission in preparing the annual report and financial statements of the Parish and complying with the Church Accounting Regulations 2006 and the Charities Act 2011. More detailed information about all aspects of the life of the Parish is included in the Rector's Report for the Annual Parochial Church Meeting (APCM).

Background

The PCC registered with the Charity Commission on 8 June 2011 under the name The Parochial Church Council of the Ecclesiastical Parish of St Andrews Chinnor. The PCC has the responsibility of co-operating with the Rector in promoting in the ecclesiastical Parish, the whole mission of the Church, pastoral, evangelistic, social, and ecumenical. It also has maintenance responsibilities for the churches of:

St Andrew's Chinnor St Mary's Sydenham St Peter & St Paul Aston Rowant Nativity of the Blessed Virgin Mary Crowell

Membership of the PCC

Members of the PCC are either ex-officio or elected at the Annual Parochial Church Meeting in accordance with the Church Representation Rules.

Structure

The PCC operates through committees, which meet between the full meetings of the PCC as necessary.

Parishioners

There are 126 parishioners on the Church Electoral Roll.

Review of the year

The full PCC met seven times during the year, with an average attendance of 73%. In between meetings of the full PCC, meetings were held at each of the four churches to discuss local matters.

Finance review of the year

Financial statements for year ended 31[st] December 2024 are shown on pages 9 to 14.

Statement of Financial Activities (SOFA) Balance Sheet Movement of Funds

Accompanying notes are shown on pages 14 to 16

Statement of Financial Activities (SOFA) on page 9 shows Income and Expenditure for 2024 separated between:

Unrestricted Funds Designated Funds Restricted Funds.

The compositions of the Funds and individual lines of income and expenditure are commented on below.

Income

Unrestricted Funds consist of General Fund and Designated Funds. Total income for 2024 was £149,801 compared to £189,436 in 2023.

Income consists of:

Income consists of:
Stewardship Giving £102,655
Legacies £1,328
Rents £4,657
Fees for Occasional Ofices £9,333
Total £117,973

Expenditure

Unrestricted Funds are responsible for paying most of the different types of expenditure shown in SOFA.

Expenditure consists of:

Parish Share £72,806 Administration costs £12,182 Building running costs £37,588

Depreciation charge of £8,076 for 2023 was repeated for 2024.

operating income and costs. Two months of operating costs is widely considered the level of working capital a Parish normally requires. Two months operating costs is equivalent to approximately £20,000.

Fundraising activities and actions to raise incomes for Unrestricted and Restricted Funds continued throughout 2024. PCC held appeal days to raise funds for helping relief to major disasters abroad.

Designated Funds

the varied activities for the designated funds that are detailed.

Restricted Funds

Restricted Funds are the Benton and Elsie Pullen Bequests. The Funds are represented by units in the Church of England Investment Fund. Closing investment values are detailed. The investments provide regular income as dividends during the year.

enable the United Parish to continue in the longer term with its full range of services for the local communities.

Independent Examiner

At the PCC meeting held on 26[th] June 2025 Heather Emerson was appointed as the PCC External Examiner.

Statement of Trustees Responsibilities for the year ended 31Dec 24

Charity law requires the Trustees i.e. members of the PCC, to prepare accounts for each financial year which give a true and fair view of the state of affairs of the PCC and of the surplus or deficit of the PCC for that period. In preparing those accounts, the Trustees are required to:

The Trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the PCC and to enable them to ensure that the Accounts comply with the Charities Act 2011. They are also responsible for safeguarding the assets of the PCC and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

This report was approved by the PCC on 13 May 26[ and signed on its behalf by: ]

Reverend Dr Jacky Barr

PCC Chair

I report on the Accounts of the Chinnor Parochial Council Church for the year ended 31 Dec 24

Respective responsibilities of the Parochial Church Council (PCC) and the Independent Examiner:

The members of the PCC are responsible for preparation of accounts for each financial year, which gives a true and fair view of the situation of the (PCC) and of the surplus or deficit of the PCC for that period. In preparing those accounts, the members of the PCC are required to:

Select suitable accounting policies and apply them consistently; make judgements and estimates that are reasonable and prudent; state whether applicable accounting standards and statements of recommended practice have been followed, subject to any departures disclosed and explained in the financial statements; and prepare the accounts on the going-concern basis unless it is inappropriate to presume that the Parochial Church Council will continue in operational existence.

The members of the PCC are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the PCC and to enable them to ensure that the accounts comply with Church Accounting Regulations 2006 and the Charities Act 2011. They are also responsible for safeguarding the assets of the PCC and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The PCC considers that an audit is not required for this period under section 144(2) of the Charities Act and that an independent examination is needed.

It is the examiner's responsibility to:

Examine the accounts in accordance with the Church Accounting Regulations 2006 and (under section 145 of the 2011 Act);

Follow the procedures laid down in the General Directions given by the Charity Commissioners (under section 145(5)(b) of the 2011 Act); and to state whether particular matters have come to my attention.

Basis of independent examiner's statement:

My examination was carried out in accordance with the General Directions given by the Charity Commissioners and the Church Guidance, 2006 edition. An examination includes a review of the accounting records kept by the PCC and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from you as members of the PCC concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the view given by the accounts.

Indep8rMJent examinefs stat￿lt In connection with my examination. no matter has o)me to my attenlion which gives me reasonable cause to believe that in any material respect the requirements: To keep accounling r￿ordS in ac(x)rdance wilh ts Churth Accountr Regulations 20￿ and section 130 of the 2011 Act: and to prepare accounts which accord with the accounting records and to comply with the aco)unting requirements of the 2011 Act have not been met: or to which. in my opinion. attention should be drawn to enable a proper understanding of the accounts to be reached Sign￿. H Emerson. Date: 01 May 26

Statement of Financial Activities (SOFA) for year ended 31 Dec 24

NotesUnrestrictec NotesUnrestrictec Designated Endowmen1 Total 2024 2023
Funds Funds Funds
£ £ £ £ £
Income
Donated Income 102,655 102,655 78,147
Contactless Donations 3,539 3,539
Fundraising & trading 1,321 1,321 5,534
Specific Donations 315 16,039 16,354 48,093
Legacy 1,328 1,328 16,500
Chin nor Church Hall 6,588 6,588 5,947
Rents (net of costs) 4,657 4,657 6,185
Church Fees 9,333 9,333 15,040
Investment income 1,717 2759 4,476 5,317
Investment net gains/ (losses) (450) (450) 8,673
Total Income 123,544 23,948 2,309 149,801 189,436
Expenditure
Parish Share for Diocese 72,806 72,806 69,340
Chin nor Church Hall 8,427 8,427 11,513
The Ministry 1 788 788 2,098
Annual Missions and charitable 828 495 1,323 1,841
donations 2
Upkeep of Services 3 3,009 900 3,909 3,591
Administration 4 12,182 12,182 10,054
Building running costs
Churchyards & car parks
5
.
26,233
2,539
11,355
3,884
37,588
6,423
79,778
4,088
Miscellaneous 6 1,600 9,573 11,173 14,827
Depreciation 8,076 8,076 8,076
Total Expenditure 128,061 34,634 162,695 205,206
Net (deficit)/ surplus (4,517) (10,686) 2,309 (12894) (15,770)
Fund balances at 1 January 160,076 143,163 100,868 404,107 419,877
Fund balances at 31 December 155,559 132,477 103,177 404,107

Balan￿ Sheet as at 31 December 2024 I2£(￿6 103.177 129.142 I￿.868 224.243 230.010 76382 6Q717 114,722 47275 Cash at bank in hand Chinnorclxxth Hall Cash at in haThl 174326 Creditors." a￿￿ntsf4kn￿ d wlthkn one year 173561 (9.7(Kil 166.970 174097 Net as*ts 391,213 404.107 General 34.493 30.934 129,142 155559 160.076 131477 143,163 3.177 391213 404.107 ean integr￿ part ofthe M B Powrll IMay26

1.1.24 EX￿ndI￿re In Ymr C•pltsl Exp B•knn¢• 31.12.24 Unrnstrlrt•d Fund5: General DesS8nated Flxed Tarelble Assets Sub Totsl 30,934 129.142 160,076 123544 1119,9851 18,0761 11280611 3,559 18.0761 145171 34,493 121.066 155,559 123,544 D•i*nat•d Fundi: Aston Rowant Churchy4rd Aston Row•nt Vllljge Sthool Aston Rowont Fabrlt A510n Row•nt Gèn•f•l ChSnnor Cholr Chlnnor Dls¢r¢tlon•ry Chiftnor Fibrlc Children and Youth Worker Chlnnor Flow•r Chlnnor Or8•n Restoratkn Crowell Fabrlc Crowell Fundr•lsln8 Crowell Gener•1 Chlnnor Churchej Go Wlld Chlnnor Churth Hall RElnsplred Sydersham Churchyard Sydenham Fabrlc Sydenham F¥brk & Chur¢hy•rd Sydenham Gener)I Sydenham Cholr Fund Sub Total 729 4,827 11,7251 17251 4.102 300 730 731 732 37.129 6,362 1,991 7.518 10,330 3,443 3,082 6.995 1,234 164 244 13,7871 135431 33,586 6,362 1391 7,307 8,314 2,069 3.082 6,095 1,319 480 735 736 737 740 741 743 745 786 19971 16,8381 18,5741 12111 120161 113741 4,822 7,200 19r￿} 13431 428 316 85 316 746 748 749 750 751 752 754 755 4,838 860 2.952 1,324 4A38 615 1,113 1,324 802 18,566 250 6588 14951 184271 12451 11839) 16,640 io,c 21,792 580 143,163 2,314 13881 121601 1926 121601 21,792 580 132,477 23,948 1346341 1106861 Btnton Bequest Elsle Pullen Bequest Sub Total 98,898 1,970 IC4),868 404,107 2264 45 2,309 149,801 2264 45 2309 1128941 101,162 2,015 103,177 391.213 Totsl Funds 11626951

Flxed Assets S¢hool Room Sydenham School House Sydenham St. Andrew's Church Hall Agrlcultural Capltsl land wlth Aston plant and Rowant and Crowell equlpment Totsl Gross Valuatlon at l January 2024 Addltlons at 310ecember 2024 90,562 51,390 90,000 2,200 34,374 268,526 90,562 51,390 90,000 2,200 34,374 268,526 Depre¢latlon at l January 2024 Charge for year at 31 December 2024 48,897 1,811 50,708 27,751 1,028 28,779 48,597 1,800 50,397 14,139 3,437 17,576 139.384 8,076 147,460 Not Book Values at 31 December 2024 at 31 December 2023 39,854 41,665 22.611 23,639 39,603 41,403 2,200 2,2C 16,798 20,235 121,066 129,142

Note5 The Ministrv Unrestrirted DesIgnat￿ Endowment Totsl 2024 Funds Funds Funds 2023 Rectorfs expenses Assistant clergy expenses 567 2,098 Upkeep of Services Unre5tr5rted Do*8nated Endowmem Total 2024 Funds Funds Funds 2023 Candles, Wafers, Wine Organ & piano tuning Organlst fees & tuning 2509 2509 900 5CKJ 1581 1,310 700 3,591 5(Kl Admlnlstration UhreStr5tt￿ DÈSI8nat￿ Endowment Totsl 2024 F41nds FurKIs Funds 2023 Administrator pay and resources 9.023 9,023 5,717 Copying & printing stationery and software Telephone and internet 1,270 I.￿5 1.270 I,(KJ5 884 12.182 1.803 1,602 932 10,054 12,182 Bulldln8 runnln8 costs Unfeétrkttd Designated Efido¥miert Total 2024 Funds Funds Funds 2023 Cleaning and maintenan 2.73S 2.735 4.482 Energy & water Insurances Sydenham School House Sydenham Fabric Fund Chinnor Fabric Fund Crowell Fabric Fund Aston Rowant Fabric Fund 12.059 11.439 12,059 11.439 11.072 12,026 3.058 6.838 343 3,786 6,838 343 3,786 47.270 1.870 26.233 11.355 37,588 79.778

5 Miscellaneous costs

5
Miscellaneous costs
Children's and Youth Worker
Education Youth & Child Fund
Subscriptions
Sundries
Bank charges
Accounting services
Independent examiner
6
Short Term Deposits
CAF Deposit
CCLA CBF Church of England
7
Cash at Bank and In Hand
CAF Current Account
Lloyds Current Account
Cash in Hand
8
Endowments

Benton Bequest
Elsie Pullen Bequest
UnrestrictedDesignated
Endowment
Total 2024
2023
Funds
Funds
Funds
£
£
£
£
£
8,575
8,575
10,129

0
336
200
200
224
998
998
3,363
60
60
75
840
840
200
500
500
500
1,600
9,573
11,173
14,827
UnrestricteDesignatedEndowment Total FundsTotal Funds
d
2024
2023
£
£
£
£
£
27987
27,987
66,327
48395
48,395
48,395
76,382
0
0
76,382
114,722
UnrestricteDesignatedEndowment Total Funds Total Funds
d
2024
2023

£
£
£
£
36,847
36,847
23,473
29,870
29,870
23,801
0
66,717
0
0
66,717
47,274
Balance at
Income
Revaluation
Balance at
'Jol-Jan-24
31-Dec-24
£
£
£
£
98,898
(394)
98,504
1,970
56
(11)
2,015
100,868
56
-405
100,519

9 Debtors

9
Debtors
Income Tax recoverable
PAYE due from HMRC
Insurances pre-paid
Legacy receivable
10
Creditors
Fees owed to Diocese
Independent Examiner
Accounts payable
Unrestricted
Designated
Endowment
Total 2024
2023
Funds
Funds
Funds
£
£
£
£
£
29,691
29,691
15,418
0
274
424
424
463
0
2,694
30,115
0
0
30,115
18,849
Unrestricted
Designated
Endowment
Total 2024
2023
Funds
Funds
Funds
£
£
£
£
£
6,356
6,356
5,755
1000
1,000
500
0
3445
7,356
0
0
7,356
9,700