OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2024-12-31-accounts

PAROCHIAL CHURCH COUNCIL OF CHRIST CHURCH, SURBITON HILL WITH EMMANUEL, TOLWORTH

ANNUAL REPORT

FOR THE YEAR ENDED 31 DECEMBER 2024

Background

The Parochial Church Council (PCC) of Christ Church, Surbiton Hill with Emmanuel, Tolworth has the responsibility of co-operating with the parochial clergy staff 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 premises at Christ Church and Emmanuel.

Membership

Members of the PCC are either ex officio or elected by the Annual Parochial Church Meeting in accordance with the Church Representation Rules. The following are the members of the PCC at the date of this report:

Christ Church representatives Emmanuel representatives
Chairman: John Shepherd Emmanuel Baikie
Voting members: Sara Animashaun Phil Cooper
Linda Anstee Carol Selimi
Kate Kim David Speed-Andrews
Charles Kimbangi Andy Whelan
Ian Metcalfe
Dermot O'Brien
Kay Rotowa
Gof Vosper
Sue Watson
Liz Woods
Andy Young
In attendance Paola Wooloughan Jen Manhire

Organisation

During the year, the two churches within the parish operated largely financially independently of each other and the PCC has approved the maintenance of separate financial records and separate treasurers for each church. These combined accounts are produced in order to comply with the requirements of Section 132 of the Charities Act 2011 and the Church Accounting Regulations 2006.

Meetings

During the year, the PCC held a number full meetings, including one before and one after the APCM. Further meetings were held at each end of the parish, intended primarily for those members most associated with one or other church. Separate reports detailing the proceedings at these meetings are presented at the APCM.

Review of the year

Separate reports encompassing the major activities of each church during the year are presented at the APCM. These will include separate summary financial accounts and treasurers' reports.

Signed on behalf of the PCC

The Revd J Shepherd 10 March 2025

INDEPENDENT EXAMINER'S REPORT TO THE PCC OF CHRIST CHURCH, SURBITON HILL WITH EMMANUEL, TOLWORTH

I report on the accounts of the PCC for the year ended 31 December 2024, comprising the Statement of Financial Activities, Balance Sheet and Notes.

Respective responsibilities of trustees and independent examiner

The members of the PCC consider that an audit is not required under section 144(2) of the Charities Act 2011 ("the 2011 Act") and that an independent examination is needed.

It is my responsibility to examine the accounts under section 145 of the 2011 Act, to follow the procedures laid down under 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 report

My examination was carried out in accordance with the General Directions given by the Charity Commission.

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 the members of the PCC concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in a full audit, and consequently I do not express an audit opinion on the accounts.

Independent examiner's statement

In connection with my examination, no matters have come to my attention:

(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts

Ian Gardiner April 2025

PAROCHIAL CHURCH COUNCIL OF CHRIST CHURCH, SURBITON HILL WITH EMMANUEL, TOLWORTH

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2024

Note
Incoming Resources
Incoming resources from donors
2(a)
Other voluntary incoming resources
2(b)
Income from charitable and ancillary trading
2(c)
Income from investments
2(d)
Total Incoming Resources
Resources Used
Grants
3(a)
Activities directly relating to work of church
3(b)
Fund-raising and publicity
3(c)
Church management and administration
3(d)
Total Resources Used
Net Incoming Resources
Balances brought forward at 1 January 2024
Increase in valuation of land and buildings
Transfers between funds
Balances Carried Forward at 31 December 2024
Unrestricted
Restricted
Total Funds
Total Funds
Funds
Funds
2024
2023

£
£
£
£

282,183
37,069
319,252
288,785

89,241
150
89,391
68,448

31,928
0
31,928
23,504

1,618
0
1,618
966
404,970
37,219
442,189
381,703

30,139
35,496
65,635
66,514

202,906
28,303
231,209
221,134

6,383
0
6,383
3,301

139,864
0
139,864
114,166
379,293
63,799
443,092
405,115
25,677
(26,580)
(903)
(23,412)
523,297
165,079
688,376
679,470
6,258
0
6,258
32,318
(6,795)
6,795
0
0
548,437
145,294
693,731
688,376

PAROCHIAL CHURCH COUNCIL OF CHRIST CHURCH, SURBITON HILL WITH EMMANUEL, TOLWORTH

BALANCE SHEET AS AT 31 DECEMBER 2024

Note
Fixed Assets
Tangible fixed assets
4
Current Assets
Debtors
6
Cash at bank and in hand
Liabilities: Amounts Falling Due Within One Year
7
Net Current Assets
Net Assets
Funds
Unrestricted
5
Restricted
5
2024
2023
£
£
423,315
417,057
10,815
9,223
274,886
281,251
285,701
290,474
(15,285)
(19,155)
270,416
271,319
693,731
688,376
548,437
523,297
145,294
165,079
693,731
688,376

Approved by the Parochial Church Council on 10 March 2025 and signed on its behalf by:

The Revd J Shepherd

Notes 1 to 7 form part of these accounts

PAROCHIAL CHURCH COUNCIL OF CHRIST CHURCH, SURBITON HILL WITH EMMANUEL, TOLWORTH

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

1. Accounting Policies

The financial statements have been prepared in accordance with the Church Accounting Regulations 2006 together with applicable accounting standards and the SORP 2015.

The financial statements have been prepared under the historical cost convention and on an accruals basis.

The financial 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 main affiliation to another body nor those that are informal gatherings of church members.

Consecrated and beneficed property is excluded from the financial statements in accordance with Section 10(2)(a) and (c) of the Charities Act 2011.

No depreciation is provided on freehold land and buildings. Instead, such assets are revalued by the PCC on an annual basis, and the change in the valuation in each year is included in the Statement of Financial Activities.

No value is placed on moveable church furnishings, which are held by the churchwardens on special trust for the PCC and which require a faculty for disposal, since the PCC considers this to be inalienable property.

All expenditure incurred during any year on consecrated or beneficed buildings and moveable church furnishings, whether maintenance or improvement, is written off in the year. All individual items of equipment with a purchase price of £5,000 or less are written off in the year of acquisition.

No value has been attributed in these accounts to intangible income, being the value of donated assistance that the PCC would otherwise have had to purchase, as, in the view of the PCC, this is not readily quantifiable.

2. Incoming Resources
(a) Incoming resources from donors
Planned giving:
Gift Aid donations
Income tax recoverable
Other planned giving
Collections (open plate) at all services
Gift days
Sundry donations
(b) Other voluntary incoming resources
Donations, appeals and other income
Legacies
(c) Income from charitable and ancillary trading
Property lettings
Fees
(d) Income from investments
Dividends and interest including reclaimed tax
Total Incoming Resources
Unrestricted
Total Funds
Total Funds
Funds
Restricted
2024
2023
£
£
£
£
220,105
7,270
227,375
203,348
44,609
1,768
46,377
47,137
5,414
0
5,414
10,798
12,009
0
12,009
1,926
0
28,031
28,031
25,397
45
0
45
179
282,183
37,069
319,252
288,785
63,111
150
63,261
51,463
26,130
0
26,130
16,985
89,241
150
89,391
68,448
31,362
0
31,362
22,735
566
0
566
769
31,928
0
31,928
23,504
1,618
0
1,618
966
1,618
0
1,618
966
404,970
37,219
442,189
381,703

PAROCHIAL CHURCH COUNCIL OF CHRIST CHURCH, SURBITON HILL WITH EMMANUEL, TOLWORTH

NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31 DECEMBER 2024

3. Resources Used

3. Resources Used
Unrestricted Restricted Total Funds Total Funds
Funds Funds 2024 2023
£ £ £ £
(a) Grants
Missionary and charitable giving 28,849 31,531 60,380 52,977
Donations and grants 1,290 3,965 5,255 13,537
30,139 35,496 65,635 66,514
(b) Activities directly relating to the work of the church
Ministry: diocesan pledge 135,100 0 135,100 132,800
Ministry: clergy expenses 2,420 0 2,420 6,190
Ministry: property running expenses/repairs 1,820 0 1,820 2,338
Church running expenses 40,929 0 40,929 36,743
Church maintenance/repairs/building works 13,255 28,303 41,558 30,320
Upkeep of services 6,193 0 6,193 6,445
Support costs 3,189 0 3,189 6,298
202,906 28,303 231,209 221,134
(c) Fund-raising and publicity
Outreach 6,383 0 6,383 3,301
6,383 0 6,383 3,301
(d) Church management and administration
Printing and stationery 8,447 0 8,447 10,760
Staff costs 130,556 0 130,556 102,461
Other administration 861 0 861 945
139,864 0 139,864 114,166
Total Resources Used 379,293 63,799 443,092 405,115

4. Fixed Assets For Use By The PCC

Cost or valuation
Valuation at 31 December 2023
Increase in valuation in the year
Valuation at 31 December 2024
Net book value
At 31 December 2024
At 31 December 2023
Freehold land
and buildings
£
417,057
6,258
423,315
423,315
417,057

The freehold land and buildings comprise the property at 181 Elgar Avenue, Tolworth. The valuation is based upon the valuation as at 24 June 2024 for insurance purposes and is considered to be a fair estimate of the current value in use of the property for the purposes of the financial statements.

PAROCHIAL CHURCH COUNCIL OF CHRIST CHURCH, SURBITON HILL WITH EMMANUEL, TOLWORTH

NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31 DECEMBER 2024

5. Analysis Of Net Assets By Fund
Fixed assets
Current assets
Current liabilities
Fund balance
6. Debtors
Tax recoverable
Sundry debtors
7. Liabilities: amounts falling due within one year
Church organisations
Sundry creditors
Unrestricted
Funds
£
423,315
140,407
(15,285)
548,437

Restricted
Total

Funds
Funds

£
£
0
423,315
145,294
285,701
0
(15,285)
145,294
693,731
2024
2023
£
£
10,515
9,223
300
0
10,815
9,223
2024
2023
£
£
9,020
9,015
6,265
10,140
15,285
19,155