CHARtrY NUMBER 1142425 PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARY AT LAThON, HARLOW (ST MARY AT LAThON PCC, HARLOW) REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 ST MARY AT LATTON PCC, HARLOW Roport and Financial Ststements the year ended 310gcomber 2024 Contsnts Page Tru8tee¥ Report St8tem•nt ofTNstees respjnsibli ths IndopDnd•nt Ex¥min8rfs Report Sl81gment of Fing￿1￿1 Adlviiies Statement ofA888ts and LIab￿￿•S Notes to the FInartU￿ Statements ST MARY AT LATTON PCC. HARLOW TTUStees' Report for th• yAr ended 31 0￿•mb•r 2024 Cholrman Vrce chalrn￿n R￿d Lynn Hurry, Inojmbenl Mr Wlllam McKenzie Ex OffldoTru$tg9s: Ravd Lynn Hury. Inojmbent Revd Malcolm Green, As80(a¥te Prfést fv4r Pr8rs North8m. AssiS￿t Curate. DioeA88n SyncKI Representatlve Ewod T￿￿tea8. 1. Churth Ward￿$ Mrs Lois Pannell Mrwlllam M¢K•tEle 2. Repre8entativeÈ on Deanery Synod Revd Malcolm Green Mr D•rgk J Humphrey Mr5 Mary Ta8si&Miller 3. M•mb•rs Ms R8ch811 Grtffiths MrA Scadèt Hollar￿all Ruth How9$ IS&yetaryi Mrs Eve Knigh15 Mrs Chrfss Sheppard Mr MkY)ad Wallace Mrs D•nis8 wo01c￿mb The Vtsrage 8rfow E8sex CM20 2JP Hon S•cr•tary Hon Treasurer Mrs RLrth How88 2 The Seeky# HArfow Essex CM17 OAD Mr Derek J Humphrey 3 The Swallows Harfow Essex CM17 OAR Inde￿n￿OnI Examlner 88nkOTS Mr S Webster BS 88 Pllklngions Church Lanoley Harfow E$￿X CM17 9DR N8liono1 Westminster Bank p 12 The Rows Harfow Essex CM20 1 OA ST MARY AT LATfoN PCC, HARLOW Tru8tses' Roport For the year •nd•d 31 D•c•mb•r 2024 l¢ontdl ho and whatw• do Th8 Parochial Churth COU￿11 of the 8r£f8siastlcal parish of St at Latton, Harlrrw. kn£wi as 81 Mary at Latton PCC, Harlow. has the resptsftsibiiity of co-owrating wth Ihe incumbtrnl in promoling in the ecclewstlcal parish tha whob mis91on of tho Church- pa$toral. evangell(xl. socA•l ¥nd erAJmgnical. It Also has lh8 managem￿1 and maintenance responsibllibes for St Mary at Latton Church and Churdiyard, and thè Chur(* Hall. Govom•nc• and man*qemoni Sl Mary at Latton PCC. whose membership is shown on page 1 of Ihfs report. d18tharge8 li¥ dLrti through a numbor of committ*•s that meg1 b&ts¥een full meeting8 olthe PCC. stsndlng Commltteè- thls crynmittee meetsto a9￿d0 itemÈ to ad betr￿en PCC moetings. Its momb•rship ¢onsists of the Incumben( thg Chur¢hw4rdon$, the SecTetsry, the Tre88urer cfie othw m•mb8r ofthe PCC. Church •ttgndanc• and th# EleGtornl Roll Regul¥T Church att•ndee# ar& able to lokn th8 Electoral Roll of the Parthh, and11 Is from Eloctoral Roll th* members are notninoted and duly ¢1gCted lo the PCC atthe Annu81 Parcthlal Church M8811ng (APCMI. Elactornl Roll 18 rwl8•d for 88th APGM. but every sw year5 8 new Electoral role 18 produced. There ar• now 51 P*￿ on Ihg Charch Elodoral Roll. 31 of whfAn ar• not r8sk18nl In thé Parfsh. Oblo¢tlvM *nd a¢Uvld In pursu8n￿ of the objectNe of prOrr￿jng in the Ecclo#la8Ocal Parish tho whole MIs￿on ofthe Churth, our 8Ctfvitl$8 Include: Regular puNic WOTshlp open to all., The provision of $•¢red 8pa¢4 for por80no1 prayer and contemF4ation,' Pa8knf41 wolk. Induding vlshinB th? 8lck and the b8re¥ved.. T•ad)Ing of Chrisli•nty through 8emion8. Cours￿ and small 9roups: Taknng of Tdiwou$ as9emblias In 9chcKJl& Tho provi6*)n ol youth dub with a Chri8tSan athos.. Promoting th8 whole M156ton of Churth Ihrovgh tho provlsion of aCt￿lbe8 tor senior uilzen$, parents and toddlers, and other speual need groups IndudSng th08e with dgmentm; Supporting other thafille8 in tho UK 8rKI oversèas. ST MARY AT LAThON PCC. HARLOW Trustee's Report Forthe year ended 31 ￿¢0Mb￿r 2024 (con￿} Revlgw ofthe Y•ar R•vlew of our Artivltles We are #n actwg. open ar￿ w￿￿MIng Churth valhin the Church of England and lake very serio￿SIY wr o)mmitrnenl to Mission. Through the good g0veman￿ of our Parochlal Churd) Council IPCQ we ale able to blljpwithe frfe of the Church here at Latton and in tho widÈr mmUnTr￿Y tThrFar*h. The churthi¥￿ber ofthe Incausivè Church Movement The reports of our acuvitigs presented to OUT Annual Porocht81 Church meeb"n9s show dearly htsw this is achieved. They 8r8too dot8lLed to be r￿ducEd here bul copies can bè oblained by wt8cling tho PCC Secretary. The maln foojs ol our wornhipls r￿r Sunday moming servic•$. although swviees ore hold throughoutthe week. In September 2014. we introduced a second Eudlarfst on a Sunday at 11.30am, M￿ing th& first to 10.00. This second Eutharist is s￿1)fUllY deslgned to appeal to children ar￿ theirfBmiliÈ8 and has been very well rewed. The W&Jnesday ThK)ming EiJchari5t also continues to grow aftervthid7 refreshmants are now available. Our Mums & TodiSler GTOUP ttnb"nuesto grow. There are many opportunthes for Lay Laader5hlp and Ministy in these acbvibe5 and the¥e opporkniit*s are enthusiastically taken up by memberB of r ￿mMunity. We continue to dovelop dose Inks with thetsvo Primary Schools in our pwish through assemblies held in scfml and 8enrtces held in Chufth. In ovr Parish ourwort vAllI the aldèty plays arh importanl part in our commuftityslsfe. Our Tnonthly lunthes Continue to expand providlng a raal opportunty forfe11ry￿h[p for those ofour ommunty attending. Our Friends & Memories weekly Coftee Moming in ils fjfth yearl rx)niinue5 to grow rapidly and provides outreach to Ihose Imng with Dementia 8fLd their c*rers. Thè overeo's gwup also moets on a weekly ba51$ and is proving very popularvAth numb8 atten(fing regularfy abov8 40. We ore a generous eommunlty SLbPPQTbng a wde voriety of Charities, from misslon and r•fi charities to d)ariti¢s and induding charibes frjr Ihe homeless and deprived. and a nurnber of animal charibe8 eta. Approximately 10QA of our income g(￿S direct to these charities. but this sum doos not indude the large quantill&s ¢)f food donated lo th• Harlow Food Bank, tollelri8s and dothing forme homeless charitie5 and gLMJds for spe￿￿1 appe818. We ontinue to support Streel$2Hom&s lour IDcal homelessness chaiaty) and we ￿ntinUed our involvemont with the Make Ltsnth p￿ieCt-the nati￿al ￿1tH{￿e designed to provide lunthe(I to needy families during the school holidays Our Good Ne￿ Prolect ￿n￿nUes. D8velopxneni Fund. rHJW at £11,001. was used to fund Phase 1 of the new lighting system in our Church and use5 Stale ofthe art LED bulbs a3 well 8$ being future proofed. Our aim is to make St Mary at Latton 8 true SeNant oflhè t￿MmUnIty in whi¢h it H slluated. ST MARY AT iATfoN PCQ HARLOW Tnjstsa's Report Forthg year endpd 31 December 2024 Icontdl 2. Revlew of our Flnances We Continued the trend of recent years in thatlhe Parish IGeneraD Fund was again in SU￿luS £1101 wlth ail the ottor Ir•8trithdl Fund8 8howlng h¢thy balancw. The only wottts caried out durir¥J 2023 werethe removal of dpad trees In the churthyard. In 2024 hvo tsbric prtiie(as ￿m8 to fruitton andforwhich gr0￿dwOrk was done durir 2023= The provlslon ofa sem system in the ¢huffh fdlowing the break-in5 of2021 and 2022. 2. The replacemènt of the farfed lighting in the SBn¢tu8ry area of our church Slgned on behalfof Iha Tnjstees.. Ch8im)an 17 June 2025 ST MARY AT LA￿ON PCC, HARLOW Statement of Tru5t4ts ReSpor￿1b1l1t10S For thè y•ar endgd 31 De¢wnber 2024 Th8 Trustses are rasponsible for preparmg the annual report and th8 ftnandal stat9Th￿nIS in 8c&)rdance with th8 applp3t4e law Unlted Ktngdom Genwally A￿pted A￿U￿ting Pradice. The Tru8l¢es are re8ponsible forth8 p￿paration of the ffinancaal statements for each fjnandal poriod. whid19Ne a two 8nd fairvw of the ch8rrtl$ finandal adivilies during the Feriod and oflhe finana81 P09ft1on * the gnd ofthe pet1od. In PTeparfng thos? fnan(#818tatoments the tyu$loeB f•quirnd to: Select suilable accounting polkies and apply thtsm consistantly, Make judgem¢nls ond estimato6 whlch are reasonable and F*udent, State whtrther appllcabl¢ accounting standards and sialements of r¢commend¢wr 1&1e8 2794 24.812 47224 BALANGES at31 Oxernbw 130 Z7B4 11.001 28.145 ST MARY AT LATTON PCC. HARLOW ststementof Assets and Liabilities As at31 DecembEr2Q24 2024 2023 CURRENT ASSErs Cash at Bank.. 22.857 45,893 Current ArAxunl 46.893 Add DEBTORS Deb￿$ 6.791 6.743 CURReNT UABILITIES Crerfitors (Dug wilhin one ytsr) CreditOTS (Owone yeao 390 1.113 390 NEf CURRENT ASSETS 28,145 $2.285 TOTAL NET ASSErs 28,145 52.285 Reptesenled by. FUNDS Unrestricted Parish 110 110 635 Restsi(tsd Fabrlc Organ Churth H8ll Maintenance Churth Redeo)ratton Ghurch 08veiopment 8.364 6.878 18.168 4876 Z794 24812 11,001 28.035 51.650 TOTAL FUN03 28.145 52.285 These Finanaal Statements were approved bythe St Mary at IAtton Parochial GhuTch GowKaT on ts 30 July 2024 and s19r￿1 on th￿rbEha1fbY. Ctsirman s ,1 li ¢ Chai￿an T[roou￿r The notes on pages 9ta 10 fr)nYL rtrBrtofth￿ Ar£ount> ST MARY AT LArroN PCC, HARLOW Notes to the Financial Ststements Forthe yearended 31 Decembw2024 Prlnclplo Ac¢ounting Poli¢ies The Finan¢io1 Statement8 have been prepared in acc£Irdan￿ wtth the Church Al￿Inting Ragulalions 2006 togeth8rwith Ihe app1t￿b[e A￿utiting Standards and the Charities SORP. (a) Basis of Aco)untiThJ'. The Financial Statemerds have been prepared on the hlstori(*l ojst basis 8XfAPtwhere othèrwsè stated. {b) Incomtng Resour￿.. Volunt8ry In￿Me-s￿ volunw irKome. unloss ¢Jlherwise staled. is recognfised when recthd by or on behalfofthe PCC Income tsx rets)verdbJe on covenants arNI gtft ald doft8tion$ is 8cc)wntgJ when repayable InC￿rne from ¢horitabl8 And ancillarytra¢Jtno is accounted foras due Bank Interest and Dividend8. ￿GeiVed gros¥. are acy)wnted fijrwhen recavab (c) Re80urces Used." All expen(rrture is r8c£Jrded on the ar￿￿1 basis and accounbj for as •xport(￿Jre due or acLruos. l¢Jl FtrKed Assets Consecrated and beneficed propety ts excluded from the Accounls by $.96(2)la) ofthe Charities Act 1993. Except as noted bdow no value is placed on moveablo chvrth ftbmi$hings held by the ChurchwaTdens on speca81 tru$tfrJrthe PCC or any olher propety or1nve5trn￿I which wurresfaculty fordispo881 or 8lteralion All ¢2pltsl equlpment tswrtllen Olf, as wlujrte￿. as expendtlure in the Statement of Flnanci81 Ath"lies. (el Res¢rve$ Policy We try to maintain a reseNe ofbekni one and three mnths no¥mal monthty expenditure ot all Ilmes. In 2tr24 we made some movementtwrds ￿toring thls Wi¢y following the problems encountered durirKJ the ple￿Ou$ thr¢eygar¥, but thi$ reMaIr￿ aw0￿ in prcsress. l Funds la} Parish Fund Tho Parish Fund represents the Funts of the PCC that are not subiect to any resirictions regarding their tase and are availabl8 forthè 9ener81 PLUP08e$ of the PCC. {b) Fabric Fund Tha Fabrt¢ Fund represènts those Funds ofth& PCC Ihal are lo be used solelyforth8 purposes 0fre￿r and maintenancÈ ofthe Fabric of the Church Building. (c) Church Hall 14Jalnten8nce Fund This is a new Fund, 8s13bJi5hed in the Aubjmn of2010 Mlh an anonymous or￿￿10n from p4rishiorw, 8nd vlth the 8018 purwJze gfpEovJding fijnds forfiAure Chun* Ipl811 m8inl¢n¥nce bills such as redetoration etc.. ST MARY AT LATfoN PCC, HARLOW Notss to the Financial Statoments Forthe year ended 31 Deeembw 2024 {dl Chureh R8dacDrattt￿ Fund This Fund, established in the Autumn of 2010 wilh an anonymous donation from a parishioner, nd wtth thg sol& purp08e of yoviding fijnds forfirturè r￿•colation works In our Church. (Q Org8n Fund Thg Organ FuThl repro6enlsthi)se Funds of th8 PCC that are to b8 US8d so18ty forth8 purp08e6 of replacemenl of Iho electront¢ organ ¥ pi￿ wdan. (gi Flower Fund Th? Flow•r F￿￿ represents thoso Funds ofthe PCC thal ar• to bo used 8oiely for th• purposes ofthe proMsion of fithY•rs In Chufch li b• for nonrsal swvieas, ￿Ed￿ng8. etc., or for Floww FeStN￿$. (h) Church Development Flmd This Fund est8bllthed In 2017 ￿ing91(*èther All t￿ eo818 and the In(y)me asa(Jdai8d vhth our Good N8w3 ProiocL 3. M•lor Fabrk •xpon•e• durfng th• y••r 3.1 Phase 1 ofth8 renowal oltha Ugmng System In cw Churth £11.122 3.2 In8tAilatton ot a so￿￿ty Sy8t•m In ourchurch £2.380 -1