Church of England
Parochial Church Council
Of the Ecclesiastical Parish of
Chalfont St. Peter
Annual Report and Accounts
For the year ending 31st December 2024
Registered Charity No 1146043
Church Office
Parish Church Hall
Church Lane
Chalfont St. Peter
Buckinghamshire
SL9 9RJ
e-mail: office@Csp.church
www: httP://csp.church

INDEX
SEcnoN
TITLE
PAGE NO.
Objectives and Activities
Achievement and Performance
Financial Review
Structure, Governan￿ & Management
Administrative Informatlon
Acknowledgements and Approval
Independent Examlners Report
Statement of Financlal Activitles
Balance Sheet
Notes to The Flnancial Statements
9-11
li
12
13
14
15-24

ANNUAL REPORT & FINANCIAL ACCOUNTS OF CHALFONT ST. PETER'S PAROCHIAL CHURCH COUNCIL
FOR THE YEAR ENDED 31ST DECEMBER 2024
The Parochial Church Council of the Ecclesiastical Parish of Chalfont St. Peter
Trustee5' Report for the year endlng 31st December 2024
The Trustees present their report with the financial statements of the Charlty for the year
ended 31st December 2024. The Trustees have adopted the provision of the Accounting and
reporting by Charities Statement of Recommended Practice appllcable to Charities preparlng
their accounts In accordance with the Financial Reporting Standard applicable In the UK and
Republic of Ireland IFRS1021 effective I" January 2019.
Thls report by your Parochial Church Councll for our Annual Parochlal Church Meeting IAPCMI
Is prepared a5 the formal report required to be submitted to the Charity Commission for the
year ended 3151 December 2024 and is presented for approval at the APCM,
1.0 OBJEcfivES AND AcfiviTIES
Chalfont St. Peter Parochial Church Councll (the PCCI has the responsibility of co-operating
with the Incumbent in promoting in the ecclesiastlcal parish, the whole misslon of the Church,
pastoral. social and ecumenical. This include5 maintalnlng the Parish Church of St. Peter, St
Paul's Church, Horn Hill and All Saints, Church, Oval Way together wlth the Church Halls at
the Parish Church and All Saints, and The Parsonage.
The PCC Is committed to our Parish vision to be a 'Christ-Ilke Church" to encounter God,
Encourage others and Engage Our World" and to see "sustained growth In God's Klngdom;
people coming to faith In our communlty" A revlsed Mlssion Plan was adopted by the PCC In
March 2018. Thls wlll be revised when a new Minister is appointed.
When plannlng our actlvltles for the year. we have consldered the Commlsslon's guldance on
publlc benefit and in partlcular, the supplementary 8uidance on charlties for the
advancement of religion. Specifically, we try to enable ordlnary people to Ilve out their falth
as part of our parish community through:.
Worship and prayer, learnin8 about the Gospel and developing thelr knowledge and
trust in Jesus.
Provision of pastoral care for people living in the Parish.
Missionary and outreach work, Including In Schools, Care Homes and other local
activities as well as supporting work within the Diocese and mission abroad e.g.
through makin8 collections and grants.

ANNUAL REPORT& FINANCIAL ACCOUNTS OF CHALFONT 5T. PETER'S PAROCHIAL CHURCH COUNCIL
FOR THE YEAR ENOEO 31 DECEMBER 2024
2.0. ACHIEVEMENT & PERFORMANCE
Overview
Wlth the support ofour Revd Wendy Graham, and Revd Jennifer Locke we have succeeded in
holding all regular services on Sundays and special festivals throughout the year with
occaslonal support from Associate Archdeacon Chris Bull. This burden has been shared
between our two associate priests due to the retirement from regular dutles of Revd Jim King
in June.
The death of Bishop Alan has been a great loss to our Parish as he had lust been allowed to
resume responslbllity for our Parish by the Bishop of Oxford.
During the year, we have held consultatlon services and small group meetings to develop our
parish proflle and thls has been uploaded in Its final version of our website and the Diocesan
web51te. "We Share" has allowed u5 to advertise for an Interim Priest In Charge as advised by
Bishop Alan. You will have seen a notice advlslng of a su5penslon of the Benefice to allow the
appolntment of an Interlm Priest in Charge.
An advertlsement was placed in the Church Time5 In November but only one person
expressed an Interest but the tlming was wrong for them, The post was re-advertised in
January in the Church Times, the Dlocesan webslte and the Natlonal Church of England
Pathways website.
Andrea Lebrato has been appointed as Chlldren and Families Mlnlster and has moved Into the
vicarage on a temporary basis untll The Parsonage ha5 been vacated. She was licensed on 5
January 2025 for a period of two years in return for livin8 in The Parsonage. She is beginnlng
to build up a good following in the Font worship and is rebuilding relationships wlth the
schools in the parlsh. Andrea 15 Supported by Jessica Redman, Sheila Johnson and Gill Walte.
Thanks are due to them for their ongoing support.
Mrs Samantha Carter, our parlsh admlnlstrator has continued with patience and good
humour to provide excellent support to the Clergy Team and the PCC, managlng lettings of
the Halls and bringing in valuable Sncome to support our marginal financlal position.
Mr5 Ann Ralph has continued to give valuable a551stance as Bookkeeper in support of Peter
Flory who has acted as our treasurer for the last three year5, They have both decided to stand
down.
The Parish Finances continue to cause concern and many are reluctant to restore their glvlng
to the Stewardship Scheme. Consequently. a workin8 group has entered into negotiation with
the diocese to agree a new level of Parish Share until our financial position recover5.
The work of the Parish ha5 continued with the loyal support given by our Organists, Choir,
Sidesmen, Sacristans. Bellringers, Flower Team, Cleaners and others.

ANNUAL REPORT & FINANCIAL ACCOUNTS OF CHALFONT ST. PEfER'S PAROCHIAL CHURCH COUNCIL
ST
FOR THE YEAR ENDEO 31 DECEMBER Z024
Dr Michael Baxendine has continued in his position as Lay Vice-chair and chaired both the
Standin8 Committee and PCC meetings ably supported by Nlcholas Thompson as Secretary.
We are m05t grateful for the on80in8 financial support of the Friends of All Salnts who fund
raise through musical events led by visiting musician5 and Richard King and the festival Cholr.
There Is also a need to resume the many activities which flour15hed in the past and to resume
our Inclusion in Village Affairs. This year CSP Churches were represented at St Peterfs Feast
Day, the Christmas Fun Night and a Civic Service is planned later In 2025 and we plan to
partlclpate in the 2025 Feast Day.
Several members of our congregatlon have continued to serve a5 Governors of Chalfont St
Peter Church of England Academy, but there are some vacancies to be filled, so we are looking
for volunteers.
2.2The Vlcar
As reported In last year's report the Vlcar reslgned on 31st July 2023 and in accordance wlth
the usual practice the Area Dean and Churchwardens became Sequestrators of the Parlsh on
1st August.
Following the wish of the PCC the Diocese suspended the Benefice to allow for a Priest in
Charge to be appolnted for three years.
2.3 Rellglous Actlvltles- Provlslon of Ser¥lces
2.3.1. Pollry The PCC Is commltted to enabllng and encouraging as many people as possible
to worship in our three churches, the assoclated halls, in local schools and elsewhere in the
Communlty such a5 Caie Homes.
2.3.2 Organlsatlon
The Ministry Team durlng the year conslsted of'.-
Revd Wendy Graham Non Stlpendlary Minister with PTO
Revd Jennifer Locke Non Stlpendiary Minister with PTO
Revd James Kin8 CBE Non Stipendiary Minister wlth PTO Iretlred from regular duties in June
but remains available to take Services if required).
We are also very grateful to Revd Chrls Bull (Associate Archdeacon of Buckinghaml and other
local Clergy who presided at Servlces when required.
2.3.3 Worship
Very gradually members are returnlng to worship in our Parish churches but many continue
to be wary to do so until the appolntment of the Interim Priest in Charge.
Servlces have been held in oll three churches
All Saints, Church Said Communion at 8am every week and Sung Eucharist on the first
Sunday ofthe month.
The Font in St Peter's Church Hall
St Peterf5 Church Famlly Service on the first Sunday of the month at 10am and Sung
at 11am

ANNUAL RÉPORT & FINANaAL ACCOUNTS OF CHALFONT ST. PETER'S PAROCHIAL CHURCH COUNCIL
FOR THE YEAR ENDED 315T DECEMBER 2024
St Paul'5 Church Evensong at 4pm with a Sung Eucharist on the fourth Sunday of the
month at 4pm
Additional occaslonal services have been held at Christmas and Easter with Taize
Service5 and other contemplative worship.
Attendance5 have averaged at 77 adults and 20 children which is an improvement of
about 50% over 2023. Services at Chri5trnas and Easter attended by a total of 694 adults
and 128 Children.
2.3.4 Occaslonal servlces
In 2024, we held 13 Bapt15ms, I marriage, conducted 19 funerals (includlng 10 at the local
crematoriuml and one burial of ashes.
There are already 2 bapt15rn5 and 8 weddings planned for 2025,
2.4 The General Publlcl Manklnd- makes 8rant5 to or8anlsatlons
2.4.1 Pollcy
In previous years the PCC gave IO% of speclfied income to varlous charltles, Thls policy was
suspended in 2020 due to circumstances and It has not been po55ible to resume such
payments. A 8rant was made during the year to the Royal British Leglon Poppy Appeal
supported by donations.
2.4.2 Performance
A glft of a Blble was made to all those leavlng our Academy to move to secondary education.
2.5 Provldes Bulldln£slFa¢llltleslOpen Spaces
2.5.1 Pollcv
The PCC aim5 to maintaln all bulldln85 Wlthin its care to a hlgh standard and meetin8 the needs
of all users.
2.5.2 Performance
Open Doors
The Parlsh Church is open for private prayer on Monday, Wednesday and Frlday mornings at
the some time as the Office is open. All Saints. Church Is also open on Wednesday and Fridav
mornlngs. In the longer term we would ideally like to open every weekday uslng volunteers.
General
Maintenance and servicing of fire equipment, servicing and certification of gas and oil boileis
and like items continued and is recorded centrally in the Parish Offlce electronically. Essential
works have been carried out as identlfied in the Quinquennial Report together with other
work as finances permit. Quinquennial Report5 on all three Churches were compiled in
November and a programme of works prepared to deal with item5 identlfied in the tlmescale.

ANNUAL REPORT& FINANCIAL ACCOUNTS OF CHALFONT 5T. PETER'S PAROCHIAL CHURCH COUNCIL
FOR THE YEAR ENDED 31 DECEMBER 2024
All Saints, Parsonage
The house contlnued to be let to the third party tenant during the year. At the end of the year
the tenants were served with a Section 21 Notice to enable the house to be occupied by our
recently appointed Children & Families Minister.
67 Fleldway
At the start ofthe year the house was let to Revd & Mrs Adrian Manningwho moved to their
own property in February. A great deal of work was the carried out and a new tenant was
found in May.
The Vlcarage
This is not a PCC property and at the beginning of the year the Churchwardens made regular
checks of the building. In March the Diocese let the house on a short term ba515 to a very
satisfactory tenant. At the end of the year the Diocese agreed to the house being occupied
by our new Chlldren and Famllies Minlster pending the PCC securin8 occupancy of the
Parsonage.
3.FINANCIAL REVIEW.
3.1 Flnanclal posttlon: The accompanylng flnanclal statements have been prepared in
accordance wlth the accounting policles set out In note I to the accounts and comply wlth
the charity's trust deed. the Charlties Act 2011 and "Accounting and Reporting by Charltles:
Statement of Recommended Practice applicable to charitie5 preparing their account5 In
accordance with the Financial Reporting Standard appllcable In the UK and Republic of Ireland
IFRS1021" las amended for accounting period commencing from l January 20191, The PCC is
Public Benefit Entity as defined by FRS 102.
Overvlew: Overall, the year ended wlth an increase In funds of £85,408.46, comprising..
2024
37,700.27
0.00
4,412.25
43,797.71
85,910.23
2023
13,493.15
9,024.C
13,496.06
17.921.70
53,934.91
Operatlng 5urpluslldeficltl
Grants received
Unrealised Gains Illossesl on Investments
Increase in Insurer's Property Valuations
CHANGE IN FUNDS
Total income was £146.320.11 12023- £136,952.791- Both planned giving and collectlons
increased compared to 2023.
Income from lettlngs of Church Ha115 was £43,950 12023: £39,682), and of the Parsonage
É23,64012023: £23,640).
No Grants were received of from the Curate's Endowment Fund12023: £9,0￿)
Other Investments performed satisfactorily and no significant change to the portfollo is
planned.

ANNUAL RÉPORT & FINANCIAL ACCOUNTS OF CHALFONT ST. PETER'S PAROCHIALCHURCH COUNCIL
FOR THE YEAR ENDED 31- DECEMBER 2024
The book values of the propertles (Parish Church Hèll, All Saints, Hall and The Parsonage)
reflects a small increase in the insured property value5 over the year. It is recognlsed that a
more appropriate index should be used and the propertles revalued.
Curate's Endowment Fund: Whlle not part ofthe PCC Charlty. the Curate's Endowment Fund
ICEFI exists to support the mission of the PCC and give grants to the PCC. No grants were
received in 2024 to maintain Its operatlons.
3.2 Budget Forecastlng: Budgeting for the year broadly assumed continuation of Income/
expenditure as the previous year but was made uncertsln by the unresolved Issues withln the
Parlsh,
Withln this cllmate. and remembering that both the Parsonage and the CEF house at 67 Fleld
Way are currently provlding cruclal income, along wlth hall rentals, provlsion for addltional
team-members, e.g., families, mlnlster, curate, asslstant administrator Is unllkely to be made
wlthout drawing down from Investments.
3.3 Staff Salarles and Penslons: Operation of the pensions scheme introduced In 2015 has
continued smoothly. Our administrator's salary was reviewed in the year to reflect Increased
responsibllitles.
3.4 ReseNes Poll¢y: The PCC bud8ets over the long term to Use Its income in the pursult of
its charitable activities.
The PCC continues to conslder the appropriate level of reserves, seeking to balance the long-
term ability to sustain mlnlstry in the Parish wlth the short-teim operational requlrements.
3.5 Rlsk Pollcy: The PCC assesses risks to Its affalrs.
Fabrlc Is regularly assessed, routlne certification malntained, and auinquennial inspections
took place in 2024. Safeguarding matters and 8overnance are glven a hlgh priorlty. The
primary operational risk is that of being unable to provlde the services and pastoral care to
whlch we are committed because of lack of personnel. The PCC, advlsed by the Archdeacon,
continually revlews the sltuation.
3.6 Parlsh Share: A paitial payment of the Parish Share to the value of £3,000.00 was made
in 2024 The PCC are In discussion wlth the Dlocese regarding an agreeable strategy for
payment5, given our financlal situation.

ANNUAL REPORT& FINANCIAL ACCOUNTS OF CHALFONT ￿. PETER'S PAAOCHIAL CHURCH COUNCIL
ST
FOR THE YEAR ENDED 31 DECEMBER 2024
4. STRu￿uRE, GOVERNANCE, AND MANAGEMENT
4.1 Organ15atlonal Structure
The PCC had the following Sub-committee5 during the year:. Standing Committee and a
Finance & Fabric Committee (until July when Its functions were taken over by the Standing
Committee)
A Team Meeting comprlsing Clergy and the Admin15trator met re8ularlv
4.2 Membership
Everyone is welcome to attend our regular services. Reglsterlng on the Electoral Roll confers
the rights set out by the Church of England including attendance and participation in the
Annual Parochlal Church Meetlng. The current number on the Electoral Roll is 154. A new roll
will be compiled for every Parish In 2025.
4.3 Parochlal Church Councll
The method of appointment15 Set out In the Church Representatlon Rules
4.4 Deanery Synod
In addition to our Clergy we are entitled to thrèe seats on the Amersham Deanery Synod.
These lay members are ex-offlclo members of the PCC and form a useful link to the wlder
Church. At the 2024 APCM we were able to elect our full complement.
4.5 Safeguardln8
Formal Obli
ation
The PCC complled with the duty under Section 5 of the Safeguarding & Clergy Discipllne
Measure 2016 (duty to have due regard to the House of Blshops guldance on safeguarding
children and Vulnerable adults)
It has not been p055ible to appoint a Parlsh Safeguarding Offlcer but contact numbers are
dlsplayed In each Church and Hall.
Safer recrultment and
eo
le mana
ement
The Parlsh registered with Parlsh Safeguarding Dashboards in 2021. This is an on-line system
that helps parishes to ensure that they are complying with statutory requirements and Church
of England pollcies.
The Parish ensures that DBS checks are made evely three years on all PCC member5 and all
those dealing with children and vulnerable adults. All necessary checks have been made
during the year and regular reports are made to the PCC. The Diocesan safeguarding Officer
has checked our procedures and was satisfied by them.
4.6 GDPR
There were no compliance issues during the year and our registration with the Information
Commissioner was renewed.

ANNUAL REPORT & FINANQAL ACCOUNTS OF CHALFOTrTh ST. PETER'S PAROCHIALCHURCH COUNCII
FOR THE YEAR ENDED 3157 DECEMBER 2024
4.7 Information Technolo8Y
The contract with Beyond Networks was not renewed and a less comprehensive contract Wa5
signed with Keylnslte.
4.8 Treasurer
We are extremely grateful to Mr Peter Flory for undertaking this task on an interim basis and
wlll not continue after completing the 2024 accounts. A replacement is being urgently sought.
4.9 Independent Examlner
Caladlne Ltd has been appolnted for this year- see Sectlon 5.
4.10 Verger
Thls post remalns vacant.

ANNUAi REPORT & FINANCIAL ACCOUNTS OF CHALFONT ST. PETER'S PAROCHIAL CHURCH COUNCIL
FOR THE YEAR Ef4DED 315f DECEMBER 2024
S.ADMINisfRATIVE INFORMATION
5.1 PCC Members who served at any time from 151 January to 31 December 2024
Ex￿￿1¢10
Vacancv
Mr John Harwood
Mr Matthew Locke
Vicar
Churchwarden
Churchwarden
Chalrman
El•rted Member5
Deanery Synod
To serve to 2026
Elected Ma
2023
Mrs Sheila King (to May 2024)
Mr Nlcholas Thompson
Elected Ma
2024
Mrs Wynne Thorndike
Mrs Carollne Wiggins
PCC Secretary
PCC Members
Elected 2021
Dr Michael 8aKendine Ire-elerted May 20241
Vice Chalrman
Elected 2022
Mrs Jesslca Redman
Elected 2023
Mrs Ann Geary
Mrs Ann Middleton
Elected 2024
Dr Mlchael Baxendlne
Mr Rlchard Coward
Mrs Merlel Garnham
Mrs Paddy Hague
Vice Chairman
co.opted Member$
Revd Wendy Graham
Revd Jame5 King Ito May 20241
Mr Peter Florylfrom May 20241
PCC Treasurer
5.2 Standlng Cornmlttee
Dr Michael Baxendlne Revd Wendy Graham Mr John Harwood
Mr Matthew Locke
Mrs Ann Middleton
Mr Nichola5 Thompson
Revd Jennlfer Locke
(From July 20241

ANNUAL REPORT& FINANCIAL ACCOUNTS OF CHALFONT ST. PETERS PAROCHIAL CHURCH COUNCIL
FOR THE YEAR ENDED 31ST DECEMBER 2024
Finance & Fabric Committee
To June 2024
Or Michael 8axendine Revd James King
Mr Peter Flory
Mr Matthew Locke
Mrs Ann Mlddleton
Mrs Jessica Redman
Mrs Paddy Hague
Mrjohn Harwood
Mr Kenneth Hodgson
From June 2024
The PCC declded that the duties of the Commlttee should be
undertaken by the Standing Committee
5.3 Correspondence Address
Church Offlce
Parish Church Hall
Church Lane
Chalfont St. Peter
8uckingham5hlre
SL9 9RJ
Telephone No.:_ 01753 880067
email:_ offSce@csp.church
Reglstered Charlty No. is 1146043
St Peterfs Church Is sltuated in
High 5t. Chalfont St. Peter SL9 9RA
All Salnt5' Church Is situated In
Oval Way, Chalfont St. Peter SL9 5PZ
St. Paul's Church, Horn Hlll Is sltuated In
Rickmansworth Lane, Horn Hlll, Chalfont St. Peter SL9 ORG
io

ANNUAL REPORT & FINANOAL ACCOUNTS OF cHALF0P￿ ST. PEfER'S PAROCHIAL CHURCH COUNCIL
FOR THE YEAR ENDED 31 DECEMBER 2024
5.4 Relevant Or8anlsatlons
Banker
Barclays Bank UK plc
Leicester
LE87 2BB
Insurers
Ecclesiastical Insurance Office plc
Benefact House
2000 Pioneer Avenue
Gloucester Buslness Park
Brockworth
Gloucester
GL3 4AW
Inde
endent Examiner
Caladine Ltd
Chantry House
22 Upperton Road
Eastbourne
East Sussex
BN21 IPF
5.5 Connected Charlty
Chalfont st. Peter Curate's Endowment Fund. Registered Charity No. 1093547
6.0 Acknowledsments and Approval
As noted above in the overvlew, The PCC takes this opportunlty to record their sincere thanks
to our Non-stipendiary Clergy who have carried out thelr duties unstintingly through the
difficult period and have been joined by those who have taken part in the recovery proce55 111
so many ways- our Parlsh Administrator, Sacrlstans, Organists, Cholr, Bellringers, Flower
Arrangers, Catering and Coffee rota volunteers, Cleaners and all those who undertake other
tasks {often unnoticed) to keep the Parish operating.
The Trustees Annual Report was approved by the Parochial Church Council on 1410512025
and signed on behalf of the Trustees by:_
Posftion
Vice Chairman
SiBnature
li

ANNUAL REPORT & FINANCIAL ACCOUTrnS OF CHALFONT ST. PETER'S PAROCHIALCHURCH COUNCIL
FOR THE YEAR ENDED 315T DECEMBER 2024
Independent Examinerfs report to the trustees of the Parochial Church Councll of tho
Ecclesiastical Parish of Chalfont St Peter
I report to the Charity Trustees on my examination of the accounts of the Parochial Church Council
of The Ecclesiastical Parish of Chalfont St Peter (the Church) forthe year ended 31 Detember 2024.
Responslbilities and basis of report
As the charlty's trustees you are responsible for the preparation of the accounts In accordance w￿h
the requlrements of the Charitie5 Act 20111'the Act'l.
I report In respect of my examlnation of the Trust's accounts a5 carrled out under section 145 of the
Act and in cafrying out my examlnation I have followed all the applicable Dlrectlons glven by the
Charity Commlsslon under section 14515llbl of the Act.
Your attention Is drawn to the fact that the charlty has prepared financial staiements In accordance
with Accountlng and Reportln8 by Charltle5 preparlng thelr accounts in acctsrdance wlth the
Financial Reportin8 Standard appllcable in the UK and Republlc of Ireland IFRS 1021 In preference to
the Accountln8 and Reportlng by Charities.. Statement of Recommended Practlce Issued on l Aprll
2005 whlch Is referred to In the extant regulatlons but has now been wlthdrawn.
l understand that th15 has been done In order for financial statements to provide a true and falr view
In accordance with Generally Accepted Accountlng Practlce effectlve for reportlng perlods be8lnnlng
on or after l January 2015.
Independent Examlnerfs statement
I have completed my examination. I conflrm that no matters have come to my attention In
connectlon wlth the examlnatlon glvlng me cause to belleve that In any materlal respect..
11 accountin8 records were not kept In respect of the Church as requlred by sectbon 130 of the
Act,. or
21 2 the accounts do not accord wlth th05e records,. or
31 the accounts do not comply wlth the applicable requirements concerning the form and
content of account5 Set out In the Charltles (Accounts and Report) Regulation5 2008 other
than any requirement that the accounts glve a 'true and fabr vlew, whlch Is not a matter
consldered as part of an Independent examlnatlon,. or
I have no concerns and have come across no other matters in connectlon wbth the examlnatlon to
which attentlon should be drawn in this report In order to enable a proper understandlng of the
accou
ts
o be reached.
John Caladine FCCA CTA FCIE
Caladine Ltd
Chantry House,
22 Upperton Road,
Eastbourne,
East Sussex,
BN21 IBF
Date.. 4 June 2025
12

8 8 8
8 X 8
8 *

ANNUAL REPORT & FINANaAL ACCOUNTS OF CHALFONT ST. PEfER'S PAROCHIALCHURCH COUNCIL
FOR ThE YEAR Ef4DED 315T DECEMBER 20Z4
BALANCE SHEET
Unrestri¢thd f¥skn•t*d
NDiE
T4￿blE a55Ets
1,610579.20
SIU24.21
1125,403.41
ICQ5ml.48
CBF InvEStrnErtlnEoTh￿ Fund
C8F InvE5tmEnt knurnulotlon Fund
98.447.67
41.677.24
,270.53
106,718.20
41,677.24
19652.95
527A91.74 U71.79•.￿ 2229W&67
00
Dpbtor5
Tradp&bto
4.929.69
13L?2
S￿61.41
5W.52
Prnw¥rrtnrs
4,929.69
131.72
5th1.41
5%l2.51
C•shai bbnkand kn hJThY
cuirentkcourt$ 11 b•nk
59W43
B,EY6.29
104.55
68A47.27
Lq697.31
70,143.71
8.896.29
104.55
75.144.58
34A64.$0
StsBJ.99
17.n
40.77&21
Periy Cish lryr•st
10.697.31
00
I￿9•
46￿￿74
Cr•dltory'. Nxnr*WiS l¥llln8dw Inon•wf
Trade c￿d￿¢r4
9,143.17
427.29
9.570
476.25
IV.07&Z6
2?1.15
IOJ4S51
417.29
4x15
.50
IOAJL71
7419•.
3624x23
IQ35L71
517,DM.7I iJgLgSLU ¥E&047.90
T•tyl n•t**•
2.35195&13
G•nornlFur
St P¥ul'i Upkqep Fwd
Cknlway
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Comle Narth-ChN&en's So(*ty
￿k￿rL•I•ty
¢¢￿1•￿
LBX4510￿l
L737J5119
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8J7O.53
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170.$3
JS2.n
s￿,193.0)
3SI.7
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6S7.15
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Oltho¢￿￿￿
1,114,SLO.61
527
10,15Z.Yl ￿71 2,1$1,9￿1¥
126A04?.90
14

ANNUAL REPORT& FINANCIAL ACCOUNT5 OF CHALFONT ST. PETER'S PAROCHIAL CHURCH COUNCIL
FOR THE YEAR ENDED 315T DECEMBER 2024
NOTES TO THE FINANCIAL STATEMENTS
NOTE I:
ACCOUNnNG POLICIES
BASIS OF PREPARING THE FINANCIAL STATEMENTS
The financlal statements have been prepared in accordance with the PCC'S constitution, the Charities Act
2011 and 'Accounting and ReportSng by Charities: Statement of Recommended Practice applicable to
charitSes preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK
nd Republic of Ireland IFRS 1021" las amended for accountlng perlods commenclng from l January 20191.
The PCC is a Public Benefit Entity a5 defined by FRS 102.
The financial statements are prepared In sterlin& which is the functlonal currency of the PCC,
The financlal statements have been prepared under the historical cost convention. modlfied to include the
revaluation of freehold propertles and to include investment properties and certain financial instruments at
fair value. The prlncipal accounting pollcles adopted are set out below.
INCOME
Income is recoBnised when the PCC Is legally entitled to it after any perfomiance conditions have been met,
the amounts can be measured rellably, and It is probable that income will be received.
Cash donatlons are recognlsed on recelpt. Other donations are recognised once the PCC has been notified
of the donation unless performance condltlons requlre deferral of the amount. Income tax recoverable In
relation to donatlons recelved under Gift Ald or GASOS is recognised at the time of the donatlon.
Legacies are recognlsed on receipt or otherwise if the PCC has been notified of an impending distrlbution,
the amount Is known, and receipt Is expected. If the amount is not known. the legacy is treated as
contin8ent a55et.
EXPENDITURE
Grants and donations are accounted for when pald over, or when awarded, If that award creates a blnding
obligation on the PCC.
The Diocesan Parish Share Is accounted for when due and wlth any amount unpaid at 31 December
provlded for as an operational Ithough not a legall Ilability.
GOING CONCERN
At the time of approving the financial statements, the trustees have a reasonable expectation that the PCC
has adequate resources to continue in operational existence for the foreseeable future. Thus, the trustees
continue to adopt the going concern basis of accounting in preparing the financial statements.
Endowment fund5 are subject to specific conditions by donors that the capital must be maintained by the
pcc.
15

ANNUAL REPORT & FINANCIAL ACCOUNT5 OF CHALFONT ST. PETER'S PAROCHIAL CHURCH COUNCIL
FOR THE YEAR ENDED 31ST DECEMBER 2024
TANGIBLE FIXED ASSETS
Tangible fixed assets (excluding property) are Initially measured at cost and subsequently depreciated.
Depreciation is recognised 50 as to write off the c05t or valuation of asset5 le55 thelr residual values over
thelr useful lives.
The gain or loss arlslng on the disposal of an asset is determined a5 the difference between the sale
proceeds and the carrying value of the asset and Is recognised In net income/lexpenditurel for the year.
Consecrated and beneficed property of any kind is excluded from the financial statements by s.9612llal
of the Charities Act 2011.
Moveable church furnishing held by the Vlcar and Churchwardens on special trust for the PCC, and which
requlre a faculty for d15posal, are accounted as inalienable property unless consecrated. For Inalienable
property acquired prior to 2000 there is insufflcient cost Informatlon available and therefore such assets
are not valued in the financial statements. Items acquired since l January 2000 have been capitali5ed and
depreciated in the financlal statements over thelr currently anticipated useful economic life linltlally 20
years) on a stralght-line basls,
All expendlture Incurred during the year on consecrated or benefI￿d bulldings and moveable church
furnishings acquired before 2000, whether maintenance or improvement, is written off as expenditure In
the SOFA and separately disclosed.
Equipment used within the church prem15es is depreclated on a straight-llne basls over 4 years. Individual
items of equlpment are reviewed individually to determine If they should be capitalised or expensed to
the profit and loss account.
Bulldings are held at revalued amount, based on Insurance valuations (see note 121. The trustees see thls
as a reasonable proxy to thelr replacement cost and no depreciatlon is charged on these assets.
TAXATION
The charity Is exempt from tax on its charitable activitie5.
FUND ACCOUNTING
Unrestrirted funds can be used in accordan￿ with the charltable ob5ectives at the dlscretion of the
trustees.
Restrlcted funds can only be used for particular restrirted purposes within the objects of the charity.
Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Details are shown on the Balance Sheet.
Endowment funds can only be used for the purposes stlpulated wlthln the objects of the endowment,
Details are shown on the Balance Sheet.
16

ANNUAL REPORT& FINANaAL ACCOUNTS OF CHALFONT ST. PEfER'S PAROCHIAL CHURCH COUNCIL
FOR THE YEAR ENDED 31sf DECEMBER 2024
Grant funding of activity comprised for ￿llet and development £186.111£1,278.39 in 20231, for home
mlsslon and other church £2,043.481£1,560.17 in 20231 and for Secular Charities £I,857.￿lE2,32O.3l in
20231.
The freehold and buildlngs comprise the Parsonage at Oval Way, Chalfont St Peter and two church halls.
All three properties were last formally revalued at their insurance valuations as of 31 December 2019 and
resultlng increases totalling £781.739 were added to the accounts in 2020. The revaluations were
undertaken on behalf of Ecclesiastical Insurance by their surveyor Mr Mike Deane BAIHons}, Dip Cll, Tech
IOSH and wlll be repeated In 2024.
Ecclesiastlcal Insurance have advised an index-linked increase in the insured value of The Parsonage of 2.1%
for the year 2024, whlch has been reflected in the accounts and the same % upllft has been applled to the
valuatlon of the two church halls.
Flxed a55et investments are initially measured at transaction prlce excludlng transact5on costs and are
subsequently measured at fair value at each reportlng date. Chan8es In falr value are recognlsed in net
incomellexpenditurel for the year. Transaction costs are expended as Incurred,
17

ANNUAL REPORT & ANANCIAL ACCOUNT5 OF CHALFoKf ST. PETER'S PAROCHIALCHURCH COUNCIL
FOR THE YEAR ENDED 31$7 OECEMBER 2024
NOTEZ: INCOME
TotalFunds
Fundi
Fvnds
Funds
Fund¥
2 ITh￿￿• From:
Zlal Inctsrnlw reFourc*slrom donors
lncomo from IDdI￿a￿aL$
anr*pd
CDllect10Th5
GfftAld Refund
43.711.14
9.495.4B
12*96.91
43.711.14
10.49&XO
1119&91
IIW.78
9550.61
07.IOLJI
tlonBtlora
1.gAi.fX)
1.91X.LY*
1.9Bi.tyJ
618.fA)
Lottlnp ol thurchH•lli
Lottingol P¥ryaThwo•
43,950.24
23,640.
420.CII
3,234.CO
950.
2J.fjqQ.fpJ
41￿0)
39W.22
ijw.oj
F••slrorn o¢c•slon&l Olfk•i
3.495.tsJ
692.48
55.tK)
2,753.11
IyJL•I
00
Gt•nt froffl Cur•t• EndDwmtnt'S Fund
¢f•nt ffoffl R•¥dQ•oryry fj1+￿ Fund
9,OW).IYI
24.
Xi,024.00
OD
31•1 Incorn•frnffl
Dlvha•nth R•E41v•d & B•nk Int•r•#t
J 296.7S
L982.
TOt•iifiwm•fr•ffj.'
75&59
18

ANNUAL REPORT& FINAMCIALACCOUNTS OF CHALFONT ST. PEfER'S PAROQIIALCHURCH COUNCIL
FOR THE YEAR ENDED 315T DECEMBER 2024
NOTE J: EXPENDMJRE
Vf+rnstrki•d
Funth
Ow*Tr•ted Re￿￿￿ Ehdowment
Iinds
TotalFufftds
2024
J expendlture on:
Challortst PeterArad•ffl¥
ChrlstlbnA
Cornrkiyltsn UK
crts
FoodBank
Mirmllla
RNLI
The Chlldion'JSDclety
The PDptyApp•al
F•lrtr•d•
Utbjn Pron￿￿
Dr•4m Htsllda
I93.￿)
186.11
244.¥8
352.C
443.31
314.00
138.94
217.IX)
LSI.47
238.94
117.
161.47
Z46.94
263,85
163.B5
150.
1&1.50
407.8J
230.
37L3I
J5S.7t
J8X.50
407.68
230.
372.31
155.78
153.74
25&04
IJM
Ukr•l
280.13
27&38
415.13
t87.31
2S7.SO
MSSaik•ty
S•ni•
str* Kk
JJi.Jo
v7.thj
4 Q••.SW
s is&•y
TWI Fupdi
lund
P¥rl&hSh*r•
Stalf P*ywll •ndCo4ts..-
Famlll#J' mlnls1•1
3.rKo.
1gW.02
i.IEO.g9
IlJ99.14
19,753.57
19.4S4,OZ
2.260.99
14.265.8J
13.753,57
Chlldi•n& F•rn111•5' MlnlAt•t*CLommothilon
hU￿h￿S RUn￿nIC0St$
&Ad￿n11t￿tIO
Dlst¥JrMrwnt ol Ot£a%￿nI1 Offk•f•
a71.69
4•S.ts)
L5.942.0)
A4.InY>
13.174.07
S,Sl*.$7
10,75a.41
4A29.aD
I,IW.OD
l3.174.07
5.539.57
I1￿1.￿
5.22•.fAI
1.199.C
co
7A79.9J
4.744.9S
9.959.%)
Upk•qpolServlc*&
t￿l¢￿Vard1 rn•lnt•n•DE
Cl•ryy & N4thiBtprs' •ywnr
•Kp•Thdltu¢•
Tralnln8Cosfs. Edutiti•n
¢N All ￿l￿t%￿lI￿O
IndrywndErt F
YJS?.06
70.CiI
211.eA)
21S.7b
215.78
••5.00
91,41•.55
95 310.89
19

ANNUAL REPORT & FINANCIAL ACCOUNTS OF CHALFONT ST. PEtER'5 PAROCHIAL CHURCH COUP4CIL
FOR ThE YEAR ENDEO 31 DECEMBER 2024
NOTE 3.. EXPENDITURE Icohedl
Funds
Funds
Fund5
2023
FU￿ PJL41wEvents
C￿Jr[h Hall%Runnln8cost
Parsona8e runtdwtasts
42.C
11,888.76
B74.57
a0￿37
346.37
11.888.76
874.57
15.109.70
IzsAs
13.621.82
2,21a.21
Is.9￿41
Totsl E¥p•Athrn•R:
10i6Jg.84
An*￿5￿01 J(•l
Aellel a￿d DevildpmAnta84ncles
Qmo mL551onSJndot￿rcttUich
S•cularcharlU•s
186.11
2,043.48
I￿51.
NOTE 4; FIXEO ASSETS
Pl•nt&
M•chln•ry
FIXED ASSErs
C•¥¢orv*kn•tlon
Al 1st January 2024
P8tsona8ei Ovol Wav
Pad5h chU￿h Hall
All 5alntJ Chur¢h Hall
508,153.IXI
I.C137A22.98
540,029.72
2,085,fj05.70
Iw.fjOS.70 2.067,684.00
Revaluatlon
Pafsonayi Oval Wav
Parlsh Church Hall
All S•lnts Church Hall
10,671.21
21,785.8B
11440.62
4J,797.71
43.797.71
4.25th110
17,921.70
4.250.
All S•lnts Plano
4.250.IW)
D15P05o1s
At 31st Decemter2024
Par50no8e.Chfal Way
Parlsh Church Hall
I S•lrbts C￿r(h Hall
518,824.21
1,0592OB.86
551,370.34
129.403.41
4.250.(M> 1133.653AI
2.085A55.70
t>•pr•cl•tknn
At Istjanuary 2024
Charge forthE Year- AJI Salnts Plano
Di5P05als
At 31st DecembEr 2024
4,034.22
215.78
0.00
4,250.CKI
4.OX2Z
zts.n
3,822.22
212.￿)
4Z¥I).QO
4￿34.22
N•t&ook Va
At31$t December 2024
129.403AI
o.ty) ￿ 2$J85￿l.4S
2024 Index Llnked valuauon
2.10
20

AN14UAL REPORT & FINANCIAL ACCOUNTS OF CHALFONT ST. PETER'S PAROCHIAL CHURCH COUNCIL
FOR THE YEAR ENDED 315T DECEMBER 2024
NOTE 5:
FUND MOVEMENTS
Op4nln
alan
Tr•n
Ur*esbl(W Fuftdi
1737.152.29
&737.151.29
142,565.52
14&565.5Z
102.560.88
10t56￿
o.oo
37,353.68
JTJ53.60
1.8L4.5LO.61
LA14.$10.61
St. Plul's u￿1•PFur
2.000.
2.r￿.
o.oo
o.oo
conrt￿ H¥rty- Chll*•n's50<11ty
B•kÉr L•yEv
Specrfiad
657.15
io,ow.
.37
00
0.00
352.78
io.000.o)
3.754.59
.754.59
754.59
4,051.•6
lQ,657.15
10,352.71
EThdowment F¥Thds
Q¥al Way ParsOM8• gul¢•re
•JdwDrt￿woodTI￿t
508.153.
5.085.46
0.00
0.00
0.00
0.00
O.OD
O.OD
0.00
10.671.21
IBS.07
ID.856.21
518.814.Rl
827D.53
$17 ¢9￿?4
116fjQ47.9fy
109 619.84
48 209.96
NOTE 6:
FUND DEfAILS
Endowment Funds
Ovol Woy Porsonoge 8ullding
Thls bulldin8 is on church land and was bullt using funds glven to the PCC as an Endowment
for the purpose of provldSng accommodation for the beneflt of the PCC. The Endowment
value brought forward In the account5,1£508,1531 represents the insurance valuation advised
at renewal In February 2024.
Aldworth-Wo¢xI Trust
Thls fund represents the cumulatlon of various endowments and was last formalised by the
Charity Commisslon Letter of Concurrence dated 01.09.2006. The funds are held in the
Aldworth-wood Trust and are held as Investment in CCLA CBF Investment Fund and are
avallable for the upkeep of St Paul's Church and Churchyard.
Deslgnated Funds
St Poul's Upkeep Fund
This fund was created In response to a deslgnated legacy glft for the upkeep of St Paul's
Church and Churchyard and was exhausted and closed in 2024.
21

ANNUAL REPORT & FINANCIAL ACCOUNTS OF CHALFONT ST. PETER'S PAROCHIALCHURCH COUNCIL
FOR THE YEAR ENDED 31ST DECEMBER 2024
Restricted Funds
Connle Hordy- Children's Society
The fund was created by the legacy of Mrs Connie Hardy and is for the fund-raising expenses of the
church's Children's Soclety Committee.
8oker Legacy
The fund was created frorn a legacy gift for upgrading the welcome area of the Parish Church.
Specified
A transit fund for restrlcted glving and fundraisin8.
NOTE 7:
RELATED PARTY DISCLOSURES
Donations received In the year from the PCC members and related partles via the bank totalled
£11,618.23 12023.. £10,663.00). Cash donations made throu8h the offerlngs are anonymous so
cannot be analysed as to whether they have been donated by a Trustee. All donations recelved were
without conditions.
Expenses relmbursed vla the charlty's expenses system in the year totalled £O.0012023: £3,257,061,
Thls was for the clergy team, lay mlnlsters and members of the staff team and relate5 to various costs
such as mileage, accommodation, telephone, Internet, and posta8e.
Specific small items purchased by Individuals for the PCC and charges were also reimbursed through
payment requisltlons. These items include mlscellaneous cleaning consumables, Sundry malntenance
Items, and flowers
NOTE 8:
CONNECTED CHARITIES
Chalfont St Peter Curate's Fund (Charity Registration No.. 10935471 is a connected charlty.
NOTE 9:
EMPLOYEE BENEFIT OBUGATIONS
The PCC operates a defined contribution pension scheme. The assets of the scheme are held
separately from those of the PCC. The contributlons payable by the PCC are charged to the Statement
of Financial Activltles as they are Incurred.
22

ANNUAL REPORT & FINANCIAL ACCOUNTS OF CHALFONT ST. PETER'S PAROCHIAL CHURCN COUNCIL
FOP THE YEAR ENDEO 31ST DECEMBER 20Z4
NOTE 10:
PENSIONS
Chalfont St Peter Parish Churches participates In the Pension Builder Scheme Section of the Church Worker5
Pension Fund ICWPFI for lay staff. CWPF is administered by the Church of En8land Pensions Board, whlch
holds the CWPF assets separately from those of the Employer and other participating employers.
CWPF has two settions..
i. the Defined Benefits Scheme
2. the Pension Builder Scheme, which has two subsectlon5;
a deferred annuity section known as Penslon Builder Classic, and,
b. a cash balance section known as Pension Builder 2014.
Penslon Builder S¢heme
80th sections of the Penslon Builder Scheme are classed as deflned benefit schemes.
Penslon Bullder Classlc provlde5 a pension. accumulated from contributlons paid and converted into
deferred annuity during employment based on terms set and reviewed by the Church of England Penslon5
Board from tlme to time. Discretlonary increase5 rnay a150 be added, depending on investment returns and
other factors.
Penslon 8ullder 2014 is a cash balance scheme that provldes a lump sum whlch member5 Use to provlde
benefits at retlrement, Penslon contributions are recorded In an account for each member. Discretionary
bonuses may be added before retirement, depending on investment return5 and other factors. The account,
plus any bonuses declared is payable, unreduced, from age 65,
There15 no sub.divi5ion of assets between employers in each section of the Penslon Builder Scheme.
The scheme is consl(iered to be a multl-employer scheme as described In Section 28 of FRS 102. Thls Is
because It Is not posslble to attribute the Penslon Bullder Scheme's assets and liabilities to specific employers
and means that contributions are accounted for as If the Scherne were a defined contribution scheme. The
pensions costs charged to the SOFA In the year are the contrlbutions payable12024', £1.075.57, 2023..
£924.00).
A valuation of the Penslon Bullder Scheme Is carrled out once every three years. The most recent valuation
was carried out as at 31 December 2022.
For the Pension Builder Classic section, the valuation revealed a surplus of £34.8m on the ongolng
a55umptions used. At the most recent annual review effective l January 2025, the Board chose to grant a
discretionary bonus of 6,7% to both pensions not yet in payment and penslons in payment in respect of
service prior to Aprll 1997; and 3 bonus on pensions in payment in respect of post April 2006 service so that
the pension increase was 2.7% Iwhere usually it would be calculated based on inflation up to 2.5%). This
followed improvements in the funding position over 2024. There is no requirement for deficit payments at
the current time.
23

ANNUAL REPORT & FINANCIAL ACCOUNTS OF CHALFONT ST. PEfER'S PAROCHIAL CHURCH COUNCIL
FOR THE YEAR ENDED 315T DECEMBER 2024
The next valuatlon Is due as at 31 December 2025.
For the Pension Builder 2014 section, the valuation revealed a surplus of £8.5m on the ongoing assumptions
used. Therels no requlrement for deflcit payments at the current time.
The legal structure of the scheme is such that if another employer falls. Chalfont St Peter Parish Churches
could become responslble for paying a share of the failed employerfs pension liabilities.
NOTE 11:
STAFF COSTS
2024
2023
Wages & Salarles
$0¢Sal securltv C05t lafter Employer Allowance)
Other penslon cost pald by Employer
18,535.00
355.22
1075.57
19,965.79
17.266.16
741.92
924.00
18,932.08
No employees recelved ￿m[IneratIon of more than £60,00012023: none).
The number of employees durlng th15 perlod Is 112023.. 11.
NOTE 12:
EQUIPMENT LEASE
Mlnlmum lease payment5 ufKler noTrcaneellable operatlng
2024
2023
Within one year
Between one and flve years
3,672.00
4,590.00
8,262.fKJ
3,672.00
8,262.00
11,934.00
NOTE 13:
TRUSTEES, DONATIONS
2024
2023
Total glvlng of PCC members and thelr Spouses
11,618.23
11,618.23
10,663.00
10,663.00
The financlal statements were approved by the Parochial Church Council on 1410512025 and slgned on behalf of the
Trustees by'.-
Position:
Vice Chairman
Signature
24