ST CHAD'S
THE PARISH CHURCH OF CHADWELL HEATH
ANNUAL REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
ST CHAD'S
CHRIST INSIDE & OUT
Clwity No.. 115(M)77

Incumbent
Reverend Martin Court
Parish Office
St Chad's Church Office
Chadwell Heath
RM6 6JH
churchoffice@stchads.church
020 8597 8076
Treasurer
Mrs Deborah Karlettis
Bank
Barclays Bank PIC
Romford Branch
36138 South Street
Romford
RM11RH
Independent Examiner
Ms K T Lee, FCMA
Mawney Accountancy
l Beech Street
Romford
Essex
RM7 7LA

The PCC presents its report with the Accounts of the Church for the year ended 31 December 2024.
Principal Activities and Governing Documents
The principal activity in the year under review was that of a Parochial Church Council to a Church of
England Parish Church. The Church of England and its parishes are "exempted charities" The PCC
(Powersl Measure 1956 states that the PCC -is to Co-operate with the minister in promoting in the
parish the whole mission of the church: pastoral, evangelistic, social, and ecumenical".
Objectlves and Actlvltles
St. Chad's Church is the Parish Church of Chadwell Heath and, as such, we believe that we have a
spiritual, moral, and social responsibility to the 44,000 residents of Chadwell Heath. On a lar8er scale,
an example of how we achieved this relatively recently would be how St Chad's worked with the local
Councll as a community hub during the pandemic, but our longer-term vislon is to be so much more,
especially to reach out to the older and more lonely members of our society. Wlth this in mind, St
Chad's is heading towards the end of the first stage of a vision plan that has already seen us expand
and grow In many dlfferent ways.
At the end of 2021, we sold our little-used property"Somerville Hall", with the sole intentlon of raising
sufficlent capital resources to renovate our church building to enable it to be utilised durin8 the week
by more local 8roups, and at weekends for concerts etc, and also to construct a new, purpose built,
café area at the front of the church. Much of 2024 was spent in bringlngthls work towards a conclusion.
After work stalled for several months, we parted company with the bulldlng contractors that we
orlginally employed, when the work In the church building itself was nearin8 completlon, and
employed V&L construction to build the community café annexe. As at the end of 2024, the walls
and timber frames for the roof are in place, with a view to making the entire construction watertight
(roof, walls and windows) by March 2025. We have continued to liaise with expert contractors for
heating, li8htin& and audio-visual to ensure that at the end of the project we have a fit-for-purpose
building. The under-floor heating is now in Pla￿ the new floor laid. The church building's internal
stonework was repaired during 2024. The work on the refurbishment of the internals of the
church building are almost completed, with just some finishing work required by the audio visual
team. We were able to use the refurbished church building for our Christmas services, returning to
the church hall for services vthilst the work to the church is completed, and we look fOn￿ard to
returning to our spiritual home in early 2025 (update: we returned in March 2025). We anticipate the
new café annexe being completed and ready to serve the community in time forthe summer of 2025.

The overall project has been managed by our QS Richard Pierce. to whom we are so grateful for all of
his hard work on St Chad'5 behalf.
Our governance during this time has been strengthened by the continuing work of competent people
working in key roles, specifically Colin Gilchrist. who has worked tirelessly with our accountant, Kim
Lee, to bringthe church's finance5 into a much clearer position. Deirdre Maguire and Colin now oversee
our Payroll, which runs very efficiently. Pauline Loomes continues to hold the church hub together by
running the church offlce wlth efficiency. Bob Crowther, Lay Vlce Chair of PCC and SLT member, has
worked with Martin throughout the sale of Somervllle Hall and the building project. Many other
members of the church famlly voluntarily contribute their time in many ways, but speclfic mention
should be made of Alan Hardlng, Neil Welsby, and Julian Cartwright, who not only work hard to repair,
renovate, and tidy the church buildings and surrounding area, but have undertaken all of the
constructlon work on the part of the new community cafe kitchen that will lead into the church, so that
people attendin8 church services and other artivitles can easily be served with refreshments. Paul
Quelch, our verger, is frequently on site to help to set up for services and funerals, and to act as
keyholder when our hall is being used.
Plans for the vision for the expansion of what St Chad's can provide to its community remain In place,
as discussed at our leadership team "away dasrt in 2022 and then at a later event In 2024. The vlslon
covers what our next five-year plan might look like, with prlmary focus being on the use of the
revitalised church buildin8 and the new café. That will be a greater work for next year but our Senior
Leadership Team (SLT) and leaders of St. Chad's Team (up to 24 people who head up the wlde varietv
of ministries that we offer) meet regularly to discuss area5 of growth and how we might overcome
Ilmiting factors that our teams face, with a viewto supportthe PCC as it continues our church's forward
momentum. (The SLT acts as a Standing Committee and meet with greater frequency when a need
arises).
Achlevements and perforniance In the year
In terms of the implementation of our vision document reviewed in 2016, the five-year plan has been
extended due to the disruption of the Covid/lod(down years and will be further reviewed when the
building project is nearing completion, which should be before the summer of 2025. Overthe pastyear,
we have made progress in the following ways=
Families, Children and Young People
Regrettably. since grant funding ended, St Chad's had to make the hard decision not to retain the two
roles of Children and Families Worker. and Children and Young People's worker, as we could not afford

to fund them from our own finances. Due to the continuing impact of Covid lockdown and the current
closure of our church, we do not have the foorfall or church membership that we once had. Naturally,
we will seek further funding once we have a better understanding of what facilities will be available,
and how thls will impact on the growth of our worshipping community.
Bearing in mind the si8nificant increase that we saw in the attendance to our services in the church
buildin8 over Christmas. we have good reason to believe that attendance to church services will
Increase once we return to the church buildin8.full time". We also expect church membership to grow
as a dlrett result of our community café.
Martln and Julle Court have temporarily taken over the chlldren and young people's ministries until
further fundlng can be found. Martin works with the youth and has gathered a strong team together
to help run the youth club. He also currently undertakes our schools, work. Julie has similarly built a
good team to support children'5 work. particularly our Sunday school, and numbers have already
started increasin8 on Sunday mornings. Julie has also reinstated our craft morning sesslons, a rnonthlv
family session for children up to 11 years old, which continues to grow. There is a real need for thi5
enga8ement In Chadwell Heath. and St Chad's church is well placed and resourced to support families
in this way.
Sparkles
Sparkles offers a weekly drop-ln session for antenatal parents, babies up to around 15 months, and
their parents and carers, and this year celebrated 7 years of working with local famllies. Sparkles offers
a8e-appropriate play, modelling communications skllls, parent/carer support, hot drinks and snacks, a
slngln8 tlme with Instruments, and most of all a time to meet wlth other families. Sparkles also has an
online group that parents use to meet up, donate clothes, toys, and equlpment, and move on to the
'alumnl" whlch 15 thriving. There are 4 regular volunteers who liaise with the borough and deanery
services, usin8 training opportunrtie5 for matters such as mental healthlpaediatric first aid, and
borough safe haven.
Little Chadders
Little Chadders wa5 our Mums, and Tots, ministry that we ran from a local church {not St Chad's) due
to our lack of space at this time. It served around 15 families a week and was initially headed up by a
staff member paid from grant funding. That funding ran out and we cannot afford to pay for a Children
and Families Worker at this time. Volunteers did try to keep the ministry going but without success,
and as of Christmas Eve 2024 we had to dose the ministry down. We very much hope to re-instate this

much needed and valuable ministry in our newly refurbished church premises when that work has
been completed.
Pre-school
Our Pre-school remains a great outreach for the community working closely wlth Barking and
Dagenham's Early Years Advisory Team.
The work of the Pre-school goes beyond the children, as Kath Childs, Sian Cox and their team continue
to support parents and carers in many ways.
Currently St Chad's Pre-school has 11 members of staff: 2 Managers/SENCo's, l Finance person (to pay
wages), 5 Key persons, I Support worker and l Bank staff, and l early year practitioner.
We currently support 4 members of staff through apprenticeships Level 2 and 3 and Kath and Sian have
recently started their Level 5 apprenticeship.
The manager recently completed her Level 3 SENCO qualification, and the Deputy is continuin8 her
tralnlng to be the Maths Champion.
There are currently 28 children on roll. 15 of the children have additional needs whlch Include Speech
and Langua8e delay, Emotional and Wellbeing difficulties and one has a formal diagnosis of Autism
Spectrum Conditlon with 2 others on the A5C pathway waitlng to be dia8nosed.
We have 5 children currently recelving topup funding for their complex needs. They receive between
£2000-£2500 dependlng on thelr level of need. Top-up funding money Is used to pay the support
workers, salary, and some SEN resources if needed.
Thls year we have had a decrease in children receiving 30 hour and 15 hour workingfamlly fundln8 and
an increase in the 2-year disadvantage funding. This is evident by the number of children who receive
the Early Years Pupil Premium payments of an extra 68p per hour as a top up to purchase resources
for that child.
Pre-school have also supported familles in many ways such as diretting them to local food banks,
directing them to the local SEND offer and referring families to Early Help and helping families to fill
out forms such as Disability Livin8 Allowance claims.
Community use of our facilities
St. Chad's continues to partnerwith local groups that assist and extend the health and wellbeing of our
local population. We provide space for groups such as an Irish Dancing group, a Youth dance school,
and sports groups like Pilates. Table Tennis, and Karate. We have ￿centlY started chair aerobics, and
chair Tai Chi classes, predominantly aimed at the over 50s but open to all. This has proved so popular

that it has outgrown the initial space available in the church hall and has now moved into the church
buildin& even though work on the building still continues. We are also home to 2 other churches for
occasional services and to our local Guides Group which has grown since relocating from a smaller hall
to our larger site. now also running a Rangers group. We also provide a safe space for an addicts group
to meet.
The Ward Panel Neighbourhood Watch use our church hall for monthly meetings.
We also provide for the communlty through the regular hostlng of Jumble Sales and Festival Markets
such as our Christmas Market, as well as the occasional summer fete. and qulzzes.
Worship
St. Chad's considers itself to be a worshipping communlty and this has contlnued as our ethos this year.
Christine Brown Is a very accomplished musician and worship leader and continues to lead our worship
at our 10.45 service with enthusiasm.
Philip Foster, our choirniaster, is an equally accomplished muslclan and plays the organ (electric piano
In or8an model) at our 9 AM services. Philip also plays trombone with the Pavilion Brass Band, who
provide music at our Remembrance and Carol services.
Our Yech Team.. led by Graham Wallis, continues to add to our Sunday servlces through their
knowledge and skills, including the live streaming of our 10.45 services. These are regularly viewed by
up to 60 people wlthln 24 hours of the service bein8 Streamed, and often over 100 people wlthln the
next few weeks- reaching many parts of the UK on a regular basis and, literally, worldwlde when our
church members are on holiday. Thls streaming ha5 continued now that services have moved into the
church hall and as part of the dlscussions around the church refurblshment we are lookin8 at how we
can further develop this part of how we deliver our services. Graham has been heavily involved in
designing the requirements for audio/visual in the church building and the Improved sound and vlsion
systems have now been installed in the church.
Prayer and Pastoral Care
Our prayer ministry team Is still very active offering prayer at our main Sunday Service. as well as
running a prayer support WhatsApp group. This join5 very closelywith our welL￿me Team, headed up
by Julie Clist, which continues to do much more than just welcome people on a Sunday. It also goes
hand-in-hand with our pastoral ministry, which is headed up by our Associate Minister, Rev Christine,
Harding. She, with her team. organise home and hospital visits, as well as supporting people with other
pastoral needs. She and the team offer prayer ministry and counselling to anyone in need, both those

in and outside of our regular church family. This includes visits to nursing homes and homes for the
elderly. Together with our prayer ministry team and our welcome team, this three-pronged approach
towards individual care and support really does allow St Chad's to show Chrisvs love to anyone in need.
With otherthlngs, our Home Groups Have suffered as a result of both the pandemic and our movement
out of our church buildin& coupled with the sad passing of a (young) Home Group leader. Post-
pandemic we only had one active Home Group meeting, however, our Vicar and another volunteer
have just started a second Home Group (December 2024) which has about 12 regular members. Thev
hope to build this group up and enable it to self-multiply. Home Groups remain an Important part of
bow we build relationship and dlscipleship in ourchurch .
Evangelism
Much of evan8elism and pastoral care Is encompa55ed in our other church activitles, especially in our
outreach to the wider communlty.
We ran a Lent course based on the musical West Side Story, which led us to our Holy Week celebrations,
beginnin8 wlth our children's Palm Sunday service. This was followed by our Maundy Thursday service.
before jolnin8 With other local churches for a Walk of Witness and an outdoor ecumenical service on
Good Friday. That was followed by our own hour at the cross reflertive service. Leading up to Easter
we also handed out easter eggs on the High Road, and thls all culmlnated in a wonderful Easter Day
celebration at both of our Sunday services.
Similarly, our Chrlstmas is multi-faceted. Across the year we asked people to knlt, sew, or crochet
particular designs With a view to them becoming Christmas tree decorations. Thi5 year we made bells
and themed our Christmas around "Ringing out God's glorf. This year, we hung a total of 1,667 bells,
each with a Christmas message attached and each taken by members of the public within 24 hours. As
with previous years, our local schools wrote to us to say how much their children and their families
enjoyed the experience of being welcomed to School with many bells dlsplayed on their school gate,
Just waiting for them to be taken to a new home. We also get a great response from the public both in
person and via Facebook. several people commenting on how the decoration has connected with them
personally.
We raised £6,655 from fundraising activities this year (predominantly jumble sales and our Christmas
market, but also events such as quizzes). Our Youth raised over £475 for Stand By Me by sleeping on
their floors for a week (now an annual event), the raised funds used to help disadvantaged children
overseas.

St. Chad's holds a vision that uses our 'Soft touch, activitses to enable us to reach out to support people
in deep ways. Examples of this would be our 'Coffee Shop. which, under the management Debbie
Karlettis. continues to grow and acts Ilke a handshake to local people. inviting them in and making
them aware of the things we do as a thurch. This will extend further outreach once our community
café is completed. Our Mature Companions Club (MCC) headed up by our Associate Minister, Rev
Christine Harding, which is at capacity, slmllarly provides an opportunity for us to meet people in a
relaxed setting and 'get to knobrf them, and due to demand has had to increase to three Wednesdays
a month. The MCC Christmas lunch (with entertainment from a live singer) attracted 60 people, which
was the maximum that could be catered for in our current facillties - we are experting even greater
numbers next year as we move thls event Into the church building.
The MCC team provldes care and support through the lunch club. breakln8 Isolatlon and offerln8
frlendshlp to elderly residents. We have spoken with local leaders from A8e UK and are hopin8 to
partner with them when our buildings have been renovated. Age UK currently do not work in Barking
& Dagenham due to lack of facilities and volunteer staff. We can provide both of those. We also ran
variety of ad hoc events such as our Motherfs Union Cream Tea that attract people from outside of our
church famlly. Whllst activlties such as our Sparkles group offers overt care, these more relational
groups enable people to access greater support as those relationships bulld. We absolutely expect this
to expand when our new caféls opened.
Our addiction group (Cocaine Anonymous- a branch of A.A.I continues to thrlve.
This year we have again run 'Restored Live<, a divorce and relationship support group headed up by
lain Torrance. This event was originally run face-to-face but is now via ?oom" as this method allows
more people to attend.
Membership of the PCC
The Annual Parochial Church Meeting is held every April when the PCC reports its activities and
presents it5 accounts and members are eletted to the PCC by those on the Electoral Roll in accordance
with the Church Representation Rules.
The PCC members are responsible for making decisions on all matters of general concern and
Importance to the parish including deciding on how the funds of the PCC are to be spent. New members
receive initial training into the workings of the PCC.

PCC members that have served at any time from l January 2024 until the date of this report are:
Rev Canon Martin Court
Incufnbent and Chair
Rev Christine Harding
Pauline Loomes
Associate Minister
PCC Secretsry and Churchwarden (from April 2024)
Churchwarden (from April 2024)
Vice Chair / Churchwarden until April 2024
Ito April 2024)
(to April 2024}
(to April 20241
{to April 2024)
(from April 2024)
(from April 2024)
Florence Moka
Bob Crowther
Vlctoria Burke
Dave Charles
Julie Court
Kathy Baldwln
lain Torrance
Daryl Wllliams
Beryl Du8gan
Rosanne Baptiste
Debble Karlettls
Lucinda Crowther
Deanery Synod Rep
Deanery Synod Rep
Paul Quelch
Committees: The PCC has given time to extend and develop the sub*committees, In order to Involve
more people, including both PCC members and other church members, to increase resilience and
Improve successlon. In this way we are less dependent on particular individuals.
The following sub-committees exist to assist the PCC:
Senlor Leadership Team: This team is both an accountabllity team for the incumbent but also a
soundin8 board for the leader where strategic issue5 have time to be thought through. The team has
no legal power but is instrumental in helping the incumbent to assess and discern where certaln
aspetts/ministries/logistics of the church are and help to plan towards the collective vislon of the
church. Members of the team brin8 experience of Bankln& Administration, and H.R. management. This
team consists of: Martin Court (Senior Leader). Christine Harding {Associate Minister), Julie Court, Bob
Crowther (Lay Vice Chair of the PCC), and Rosanne Baptiste.
Standing Committee". This is the only committee required by law. It has the power to transact the
busine55 of the PCC between its meetings. subject to any directions given by the Council. This group
consists Martin Court (Chair). Christine Harding (Associate Minister) Bob Crowther (Wice Chair) Julie
Court, Rosanne Baptiste.
io

Leadership Team: This comprises the people who head up our ministries and attivities in the church
and those who hold senior teadership posts. It meets to discuss church matters and plan towards the
future. It is also a meeting for collective learning and the growth in our leadership skills. People on this
team include." Martin Court (Senior Leader), Julie Court. ChristSne Harding (Associate Minister), Bob
Crowther (Lay Vice Chair of PCC), Colin Gilchrist (Finance Advisor), Pauline Loomes (Churchwarden,
Office Manager and PCC secretary), Florence Moka (Churchwarden), Graham Wallis {Head of Tech
Team), Kath Childs (Pre-school Manager), Julie Clist (Head of Welcome Team), Debbie Karlettis
{Catering Manager), lain Torrance (Restored Lives), Marian Childs. Anne Foster (Sparklesl, Rosanne
Baptiste, and Sue Wells.
In June the Leadership team had an "away daf at a church in Havering-atte-Bower to disCUSS the
future of St Chad's once the church Is reopened and the new community café annexe has been bullt,
and In Aprll we took a riverboat to Putney to look at a café that had been set up alongside a church, to
8et Ideas of what our own café would look like.
Deanery Synod: Two members of the church sit on the deanery Synod - Lucinda Crowther and Paul
Quelch, and they also attended PCC meetings. This provides the PCC with an important link between
the parlsh and the wider strurtures of the church. Martln Court is the Area Dean and Chalr of the
Deanery Synod.
The Electoral Roll., Paullne Loomes is our Electoral Roll Officer. Details with regards to our Electoral Roll
can be found in the full APCM Report.
Limiting Factors
St. Chad's Church is constrained in the ministry activlty It seeks to achieve by our bulldin85. We have
limlted space to provide for the things we know we could realistically achieve from our vision. Our
buildin8s are aging and ill-equlpped for the twenty-first century and we are currently committed to a
lar8e-scale renovation and re-buildlng of our available spaces which will help u5 realise our potential,
to be much more of a community centre for Chadwell Heath. These plans are coming to fruition and
we fully expect the building works for the churth and the new annexe to be completed by the summer
of 2025.
Volunteers
We would like to thank all the volunteers who work so hard to make our church the lively and vibrant
community it is. This would include (but is not an exhaustive list) people who help with our church
ser￿ice5 (providing flowers, polishing the vessels, cleaning altar doths etc), those who help with our
li

jumble sales and the Christmas market, those who assist with the on-going runnin& maintenance and
refurbishment of our properties. and those who assist with the many voluntsry roles that provide
support in our community, including the St Chad's coffee shop (the Sunshine Cafe) and the Mature
Companions Club.
Financial review
The PCC is responsible for keeping proper accounting records which disclose with reasonable accuracy
at anytime the financial position of the church. and which ensure that the financial statements comply
with the Charities Art 1993 and the regulations issued in 1995 and 2000, revised in 2005. This report
has been produced accordingto 8uidance dated 2006 issued bythe Archbishop's Council of the Church
of England. The PCC is responsible for safeguarding the assets of the Church and hence for taking
reasonable steps for the preventlon and detection of fraud and other irregularitie&
Taxation Status: The PCC Is an exempt charty for taxation purposes as a church defined as a place of
worshlp under the Place of Worship Act 1855.
The financial activlties of the PCC are Set out in the attached financial statements, but key items of note
are:
In March of this year, PCC made the decision to transfer its Direct Giving to a charity called The Parlsh
Giving Scheme. This meant that, ratherthan individuals settin8 UP their own standing order and signing
Gift Aid declaration, paying by standing order, and then someone wlthin St Chad's havin8 to reclaim
the Gift Aid, all donors now need to do is sign a dirett debit mandate and Glft Aid declaration and the
PGS does the rest. The result IS that PGS claim all of the money, collate it, and send us the total of that
month's giving. They also claim Gift Aid and that follows as a separate payment a few days later.
A key result of thi5 is that not only have several new people from the church made a commitment to
give on a monthly basis. but those already giving have refletted on the amount that they give. This has
meant thatthere has been an overall increase in planned givin8from within the church family members
from £65,587 to £76,626. an increase of £11,039.
Total receipts of voluntary funds, including gift aid, was £115,799, with additional income from jumble
sales, bank interest. hall lettin& coffee shop etc of £33,716 bringing our total income (excluding
preschool) to £149,515.
Our preschool is showing a deficit and to a large extent this is because they spent a grant this year that
was re￿iVed in 2023. Another part of the deficit is high staff costs relative to income from fundin
and to a large extent this is due to the large percentage of SEND children that they have, requiring a

lower stafflchild ratio. The preschool Income and expenditure is being given an overhaul in 2025 with
a view to reducing expenditure, and increasing income. This continues to be an issue when minimum
wages and National Insurance costs increase at a greater rate than Government funding towards pre-
school education.
In terms of outgoings, we again met our Parish share of £67,200 in full, and it should be noted that that
there has been a 25% increase on this commitment over the past 2 years. We are assured that 2025's
allocation is unlikely to increase by very much. if at all. As Wlth previous years, to put this into
perspective, our income from planned giving by standing order and the envelope pledge scheme was
£76,616, and so we are heavily reliant on "otherf, income to support our ministry, our staff costs, our
administration and utility bills, and any other expenditure.
Expenditure on unrestricted funds (which excludes preschool costs and after removing one-off
expendlture) was £134,250. which gives a good Indication of the "cost of running St Chad's"
As the amount of money on deposlt decreases in line with capital expenditure on the church
refurbishment, naturally our income from bank interest will reduce. It will, therefore, be essential that
the community café becomes a source of net income in order for St Chad's to continue to operate
without a deficit.
Reserves pollcy
It is the PCC'S objettive to Set aside funds each year to maintain a balance on free reserves (net current
assets) whlch equates to at least three months, unrestricted payments. This would be equivalent to
£37,360 and would be held to smooth out fluctuation5 in cash flow and to meet emergencies. Over the
past few years, this has not been possible due to the reduction of income following the closure of
Somerville Hall (which has resulted in a reduction in rental income of approximately £15,000 per year,
and whilst the sale proceeds generated exceeded £lm these funds were spe.cifically designated for the
building works}.
To a certain extent, St Chad's is still recovering from lockdown and our church attendance again
remains lower than pre-lockdown numbers. Thls wlll also have been influenced by our holding services
in the church hall, We are also recovering from some families that have away from the area, so whilst
income has dropped from those sources, it is encouraging that overall direct giving has increased. As
referred to earlier, in February 2024 we explored moving our regular giving arrangements to the Parish
Giving Scheme. This is an organisation that, as the name implies, exists to facilitate regular payments
to churches. We went "live" in March, with most regular givers by standing order now giving by direct
13

debit, through PGS. This new method of payment was launched alongside a talk in church on giving,
with the result that when people moved across their method of payment they also reviewed how much
they give, and this resulted in an overall increase in our planned giving, including Gift Aid, to £103,773
from 2024's £90,461.
In reality, that only returns us to a relatively neutral position and with the continued increases in utility
costs, and National Insurance, it is still not Possible to build up our reserves any further. We remain
heavily reliant on our fundraising activities and other income streams. such as our hall hire and our
coffee shop, and anticipate a positive financial outcome from the new community café when that
opens in 2025. In light of this we can review our reserves position towards the end of 2025.
Approved by the PCC and signed on their behalf:
Rev Martin Court
Robert Crowther
Incumbent
Lay Vice Chair, PCC
Date:
a91¥/2,"
14

THE PARISH CHURCH OF ST CHAD
CHADWELL HEATH
(Charity Registration No: 1150077)
INDEPENDENT EXAMINER'S REPORT
I report to the trustees of the PCC of St Chad on my examination of the accounts for the year ended
31 December 2024, which are set out on pages 16 to 24.
Res
tlve res
on51bllttie$ of the PCC and the Examlner
The charty's trustees are responsible for the preparats'on of the accounts.
The charty's trustees applied for a dispensation from the accounts scrutiny requirements of section 144(2)
of the Charities Act 2011 which was granted under Regulation 34(3)(b) of the Charities {Accounts and
Reports) Regulations 2008 on 24 May 22. An Independent Examination has taken place instead of an audit
under Regulation 31 {fj. l arn qualified to undertake the examination by being a member of The Chartered
Institute of Management Accountants.
It 55 my responsibility to:
Examine the Accounts under sectlon 145 of the 2011 ACL
Follow procedures laid down in the general directions given by the Charty Cornmissioners under
section 145(5)(b) of th8 2011 Act: and
State whether particular matters have come to my attents'on.
My examination was carried out in accordance wrth the General Directions given by tha Charity Commission.
An examination includes a review of the accounting records kept by the charity and a comparison of the
account5 presented with those records. It also includes consideration of any unusual items or disclosures
in the accounts and seeking explanations from you as trustees concerning any such matters. The
procedures undertaken do not provide all the evidence that would be required in an audi¢ and consequently
no opinion is given as to whether the accounts present a 'true and fairf vlew. and the report is limited to
those matters Set out in the statement below.
In connection with my examination, no material matters have come to my attention in connection with
examination
1. giving me reasonable cause to believe that in any material respect the requirements:
to keep accountlng records in accordance with Section 130 of the 2011 Act: and
to prepare accounts which accord with the accounting records and comply with accounting
requirements of the 2011 Act have not been meL' or
2. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the
accounts to be reached.
Ms K T Lee, FCMA
Mawney Accountancy
1 Beech Street
Romford
Essex
RM7 7LA
Date:
2Y /+/£s
Page 15

THE PARISH CHURCH OF ￿ CHAD'S, CHADWELL HEATH
charTty No: 1151x177
STATEMENT OF FINANCIAL ACTIVITIES
for the Year ended 31 December 2024
General
Totsl
2024
Total
Funds
Funds
2023
INCOME
Voluntary income
Activities for g8nerating funds
Income from investrnents
Church activities
Other incoming resources
108.214
6,395
273
21x1
3205
4,280
260
115,799
6,655
8,273
176,138
2,930
137,151
7,303
9.179
174,005
2b
2£
2d
18,588
157,350
2.930
TOTAL INCOME
EXPENDITURE
Church activities
Costs of raising funds
126,012
161,890
309,795
327,638
107,300
933
41.206
223.389
29
371.895
326,789
916
3b
TOTAL EXPENDrruRE
108233
41,206
223,418
371857
327 705
NEf INcoME￿XPENDITuRE
17.779
19.313
61.528
63,062
67
TRANSFER BETWEEN FUNDS
10,149
9,549
600
NET MOVEMENT IN FUNDS
7.630
9,764
60,928
63,062
67
Total fvrKls bought forward8
26,607
565.243
1,015,455
1,607,305
T4)tsl funds carried forward
34,237
555,479
954.527
1.544,243
16

THE PARISH CHURCH OF ST CHAD'S. CHADWELL HEATH
Charity No.. 1150077
BALANCE SHEET
as at 31 December 2024
2024
2023
Notes
FIXED ASSETS
Tangible fixed assets
1,297,275
821,179
CURRENT ASSETS
Debtors and Prepayments
Cash at bank and in hand
4,777
245,796
250,573
5,864
784,316
790,180
LIABILTIES
Creditors.. amounts falling due within one year
3,605
4,054
NET CURRENT ASSETSI{LIABILITIES)
246,968
786,126
TOTAL ASSETS LESS CURRENT LIABILITES
1,544,243
1,607,305
PARISH FUNDS
Unrestricted funds
34,237
555,479
954,527
26,607
565,243
1,015,455
Designated funds
Restricted funds
1,544,243
1,607.305
Approved by the Parochial Church Council and signed on its behalf by
Rev Martin Court
Chair
Date:
27/¥12C
17

THE PARISH CHURCH OF ST CHAD
CHADWELL HEATH
(Charity Registration No: 1150077)
Notes to the Financial Statements for the year ended 31 December 2024
1. Accounting Policies
a) Accountlng Convention
The PCC is a public entity within the meaning of FRS102. The financial statements have been prepared
under the Charities Act2011 and in accordance with the Church Accounting Regulations 2006
governing the individual accounts of PCCS and with the Regulations true and fair view" provisions.
They have been prepared under FRS102 (2019) as the applicable accounting standards and the 2019
version of the Statement of the Statement of Recommended Practice, Accounting and Reporting by
Charities (SORP{FRS102)).
The financial statements have been prepa￿d under the historical cost conv8ntlon excapt for
investment assets which are shown at market value. The financial statements include all transactions,
assets and liabilities for which the PCC is responsible by law. They do not include the accounts of
church groups that owe their affiliation to another body, nor those that are informal gatherings of
church members.
b) Fund accountlng
Funds help by the PCC are:
Unrestrlcted funds are income funds which are to be spent on the PCC'S general purposes.
Restrlcted funds comprlse (a) income from trusts or endowments which is to be expended only on
the restricted purposes intended by the donor and (b) revenue donations or grants for a specific PCC
activity intended by the donor. Any balance remaining unspent at the end of the year is carri8d forward
as a balanc8 on that fund.
Designated funds are general funds set aside by the PCC for use in the future. Project funds are
designated for particular projects for administration purposes only. Funds designated as invested in
fixed assets for the PCC'S own use are abated in line with those assets, annual depreciation charges
in the SOFA. Designated funds rernain unrestricted, and the PCC will move any surplus to other
general funds.
c) Incomlng Rasources
Voluntary Income
Collections are recognised when received.
Planned giving receiving is recognised only when received.
Income tax recoverable on Gift Aid donations is recognised when the income is recognised.
Grants and legacies are recognised when the PCC is legally entitled to the amount due.
Income fmm Investments
Interest entitlements are accounted for a8 they accrue.
All Other Income
All other income is recognised when it is receivable.
Gains and Losses on Investments
Realised gains are recognised when the investments are sold.
Unrealised gains and losses are accounted for on revaluation on 31 December.
d) Resources Expended
Resources expended are accounted for on an accruals basis and are accounted for gross, apart from
independent reviewer's remuneration and accountancy and grants and donations which are
accounted for when paid over, or when rewarded where the award creates a binding obligated on the
pcc.
Page 18

THE PARISH CHURCH OF ST CHAD
CHADWELL HEATH
(Charity Registration No: 1150077)
The diocesan parish contribution is accounted for when paid. Any parish contribution unpaid as at 31
December is provided for in these accounts as an operational (though not a legal) liabilty and is shown
as a creditor in the balan￿ sheeL
e) Flxed Assets
Conse¢ratsd and l>enefi¢e pmperty. in so far as c(Mwcrated and b8nefice propety of any kind is
excluded from the statutory definition of 'charity' by Section 10(2)(a) and (c) of the Charities Act
2011 such assets are not capitalised in the financial statements.
Moveable churrh furnlshlngs, held by the Vicar and Churchwardens on special trust for the PCC
and which require a faculty for disposal, are accounted as inalienable property unless consecrated.
They are listed in the church's inventory which &gn be inspected (at a reasonable b'me). For
inalienable property acquired prior to 2000 there is insufficient cost information available and
therefore, such assets are not valued in the accounts. Items acquired since 1 st January 2000 have
been capitalised and depreciated on a straight4ine basis in the accounts over their currently
anticipated useful economic life.
other Bulldlngs, properties are included in the accounts at valuation. The PCC reviews the
valuation annually, and any pemlanent impairment in value is transferred to the SOFA. No
depreciation is charged on these buildings as, in the view of the PCC, the estimated useful life is so
long that any charge would be immaterial.
other Assets, Equipment used wtthin the church premises wrth a purchase price exceedlng £1.000
is capitalised. Individual items of equipment with a purchase price of £1.000 or less are written off
when the asset is acquired.
Depreciatlon, Depreciation is provided at the following rates to vmte off fixed assets over their useful
lives. In addition, an annual impaimient review is carried OUL and where appropriate the carying value
of an asset is reduced to the higher of net realisable value and recoverdble value through continued
Church fumishings
Furniture. fittings and office equipment
fj Current Assets
Amounts owing to the PCC as at 31 December in resp8Ct of fees. rents or other income are shown
as debtors less provision for amounts that may prove uncdlectible.
Short-term deposts include cash held on deposit erther wth the CBF Church of England Funds, or
at the bank.
5% straight Ilne, 20 years
33% straight line, 3 years
g) Golng Concern
The church is able to pay its liabilities as they fall due, has no significant contingent liabllities or post
balance sheet events that would contradict this view and has sufficient ￿serveS to continue to
operate for at least 12 months from the signature date of these accounts.
Page 19

THE PARISH CHURCH OF sr CHAO'S. CHADWELL HEATH
Charfty No: IL51K177
2. INCOME
General
Funds
Desvjnated
Funds
Resttitted
Funds
TD131
2024
Total
2023
a. Voluntary income
Planned gmng - bank
Planned giving- envdop&s
Loose plate ¢ollection5
Gift aid yellow envelopes
One off grft aid gifts
Non gfft aid donations
Gift aid recovered
Gift aid small donations
NOn-recU￿lng one-off grants
Donations - refurbishment gNing
Donats'ons - youth
Other funds generated
74,927
1.699
7,858
778
357
2,783
17.774
1,821
74,927
1,699
7,858
778
617
9.253
17.894
1,821
56.827
8.760
9.869
1,380
9.782
8,455
16,419
1,942
16,945
4,425
63
2.283
137,151
3,305
3,165
120
735
735
217
108,214
217
115,799
3.305
4,280
Rummage sales, raffles, otc
6,395
6,655
6,655
7,303
7.303
260
¢. In¢ome from invostiii•nts
Bank arKI Ixjilding society interest
8.273
8,273
9,179
9.179
8.273
d. Income from charftable %dvlUes
PCC lees for weddings, funerals and olher
Pre School roceipts
Youth
Church h811 lettings
New beginnings
Sparkles
Mature ￿mpanionS club
Table t8nnis
Coffee shop
503
155,553
157,350
157,350
200
15,049
176
110
15,249
176
110
14,256
341
39
206
3.047
176,138
194
3,119
174,005
3,047
18,588
157,350
e. Otherlncomlng rnsources
Insurance claims
2,930
2,930
2.930
126,012
21,893
161,890
309.795
327,638
Planned giving, collections and Sbmilar donations are recognis8d when received. Tax refunds are recognised when
the incoming resource to which they relate is received. Grants and legacies are accounted for when the PCC is
entitled to use of the resources. their ults'mate receipts is considered rea￿nabty certain and the amounts due are
reliably quantifiable. All incoming resources are accounted for gross.
20

ThE PAIUSH CHURCH OF St CFIAD'S, CHADWELL HEATH
Chaiity No: I1￿()77
3. EXPENDITURE
General Designated Restricted
Fmds
Totsl
2024
Totsl
a. ch￿￿h acitrvitses
Relief and Development Agenci
Missionary and charitable gNing
Evangelism
Stsff Training
Diocesan parish share
Clergy and slaff expenses
Youth
New beginnlngs
Sparkles
Mature companions dub
Table tennis
Coffee Shop
Pre School salaries
Pre School other expendllure
S31ari8s and pension costs
Administrats'on
Software & Licen￿5
Parish office telephone & broadb3nd
Publications
Independent Examlnation
Accountancy & Payroll Costs
Bank charges & Sumup fB8S
Church insurance
Church upkeep of services
Church supplles
Church utilities
Church maintenance and repairs
Church hall key holder fees
Church hall insurance
Church hall supplies
Church hall utFliti8S
Church hall malnten8nc8 and repairs
Church hall refurbishment
New Building Expenditure
Depreciation
168
214
2,213
178
130
214
1(
67,200
106
67.200
62,843
88
1,153
70
82
780
76
76
256
14
1.462
157.164
27,313
29,708
5,786
256
14
1.462
1.750
132,833
10,415
43,477
6,399
2,563
1,216
70
360
1,787
218
2,458
282
257
3,348
682
1,738
2,027
1,201
11,101
2,334
157.164
27.313
20,294
1786
9,414
1.&37
10
350
450
1,337
10
350
450
295
2.575
917
2,575
917
845
3,685
15,364
2,155
2,124
816
10.031
335
510
14,854
2,155
2.124
816
75
335
12,815
25.058
223,389
12,818
25,058
371,895
18,892
14,222
326,789
107,300
41.206
b. Costs of ralslng funds
Costs of fetes & other events
933
29
962
962
916
916
108,233
41.206
223,418
372,857
327.705
21

THE PARISH CHURCH OF STCHAD'S, CHADWELL HEATH
Chaiity No: 115tKJ77
4. STAFF COSTS AND RELATED PARTIES
a. Staff costs and number5
2024
179,329
9,167
3.486
191.982
2023
161,856
8,738
3.859
174.452
Wages and salaries
Social security
Pension costs
Average number of employees
15
During the year the PCC employed a church administrator. a hall lettings manager. a hall deaner arKI
a person in the capacity of keyholder duties. who was responsible for unlocking and locking up of th8
church h811 when events were being held. The PCC also employed several staff members to work in
the Pre School.
There were no employee benefrts paid to personnel in the previous or current years.
No employee was paid more than £60.000
b. Rolatod partlos. transactlons.
Talla Karlettis who is employed by the PCC is related to a member of the PCC. Pauline L(x>mes, the
parish administrator and Debbte Karlettis the hall lettings manager are members of the PCC. neither
are paid for being a members of the PCC. The totsl salaries figure shown in th8 accounts includes
amounts payable to them for dut188 in accordance with their torn￿ of employmenL Measures are in
place to ensure that no confii(As of interest arise.
The stipendiary Clergy were reimbursed for working expenses, it is considered that no material part of
this relates to their dub'es as trust88S.
Donations from related parties amounted to a total of £21,718. given for general purposes. youth
work, and the refurbishment of the church.
22

THE PAAISH CHtIRCH OF STCHAD'S. CHADWELL HEATH
Charlty No: 1150077
5. TANGIBLE FIXED ASSErs
Church
Amex
Church
Hall
Total
Actualldeemed cost
At l January 2024
Disposals
Additsons
At 31 December 2024
353,041
485,(M
838.041
501,153
854,195
501,153
1.339.195
485.000
Depreci*ion
At 1 January 2024
Wtthdrawn on disposals
Charge for the year
At 31 December 2024
16,862
16,862
25.058
41.920
25,058
41,920
Not book amounts
Ai 31 December 2024
812.275
485,000
1.297,275
At 31 December 2023
336,179
485,(X)O
821,179
The freehold land and t>uildings comprises of th8 Church Hall and Church Annex. There is no record of the
historlcal cost of the Church hall: this has been included at a fair value based on Iwo separate valuation8 sought
by th8 PCC in 2020.
6. CURRENT ASSErs
2024
2023
Tax recoverable
Prepayments & accrued In(￿rne
Other debtors
1,117
4,747
4,777
7.CURRENT LIABILITES
2024
2023
Acwals & deferred incorne
Agency
Other creditors
2,655
950
2,639
1.415
Page 23

THE PARISH CHURCH OF ST CHAD'S. CHADv￿LL HEATH
tharity No.. 1150077
8. FUNDS MOVEMENTS
Bal flhd
0110112024
Income
Expendiiurn
Transfers
Other gains
& losses
Bal cmwd
3111212024
UNRESTRICTED FUNDS
PCC General fund
26.607
26.607
126.012
126,012
108.233
108,233
10,149
10,149
34,237
34,237
DESIGNATED FUNDS
Altred Brainard
Chair Fund
Coffee Shop
Halls
Marlin Court's 60th
Mature Companions Club
New Beginnings
Ray Childs
Refurbishment
Sparkles
1,345
2,200
3,815
2,240
3,047
15,255
575
1.462
24,814
10
9,559
575
201
2,531
530
59,179
103
201
2,355
176
74.033
69
14.854
76
41.206
110
21,893
RESTRICTED FUNDS
City of London
Mature Companions Club
Pre School
Pre School
Refurbishment
New Build
Sparkles
Youth
541
1,025
33,133
15.9(K)
41.010
920.248
727
2.871
1015,455
541
2,769
23.456
164
29,047
895,190
727
2,633
256
168,741
15,736
12,818
158,464
571
223,418
FIXED ASSET FUNDS
FA - Church Hall
485,C#JJ
485.000
485,000
485,000
TOTAL
309.795
9. INSURANCE VALUATION OF THE BUILDINGS
The properties owned and managed by the PCC are currently valued for insurance purposes as follow3:
Bulldlng
Descriptlon
Insuranc• Valuatlon
St Chad's Church
The Marshall Hall
Church
Hall
9,980.tN]o
3,330,000
The policy includes trustees ind￿nity in￿ranCe for the sum of £250.000
24