THE PAROCHIAL CHURCH COUNCIL OF T14E ECCLESIASTICAL PARISH OF HEADLEY WITH BOX HILL Charity Number 1151029 ANNUAL REPORT AND FINANCIAL STATEMENTS OFTHE PAROCHIAL CHURCH COUNCIL For the year ended 3151 December 2024 Incumbent: The Revd. Henry (Harry) N L Latham The R¢¢tory Breech Lane Walion on the14ill Surrcy. KT20 7SD Bankers: CAF Ejank l.td 25, Kings I lill AvL'nue Kings Ilill We51 Molling Kenl Mf.19 4JQ Independent F.XAnilner: Mr siuurt Kn¥.
ANNUAL REPORT FOR 2024 Objettives and ActlVRties The Parochial Church Council of the Ecclesiastical Parish of Headley with Boxhill (PCC) is a Registered Charity with the Charities Commission, Number 1151029 and Inland Revenue Charity Number X83572. Structure, Governance and Management The Parish of Headley with Box Hill is a separate parish within the United Benefice of Headley with Box Hill and Walton-on-the-Hill. The PCC is a corporate body established by the Church of England. The PCC operates under the Parochial Church Council Powers Measure. The PCC has the responsibility of co-operating with the Rector in promoting in the ecclesiastical Parish the whole mission of the Church. pastoral, evangelistic. social and ecumenical. The PCC members are responsible for making decisions on all matters of general concern and importance to the parish. including deciding on how the fund5 of the parish are to be spent. The PCC has a Standing Committee which meets to consider matters that are to be brought to the PCC for decision. The PCC also has the responsibility for the maintenance and upkeep of two churches (St Mary the Virgin, Headley and St Andrew'& Box Hill). It has acquired the former school buildings adjacent to St Mary's, which are let to commercial tenants and occasionally used for overflow car parking when not being used by the current tenants. We have also acquired the Hooper field for car parking and as an extension to the churchyard. Certain elected members of the PCC are also Trustees of two related Trusts: The Mary Freeman Braithwaile Trust (Charity Commission Number 800588) and the St. Andrew's Brodie Trust (Charity Commission Number 1090820). Administrative Information Members of the PCC are either elected at th¢ Annual Parochial Church Meeting or are ex officio or CO•OPted in accordance with the Church Representation Rules. All those ivho attend our serviccs are encouraged to register on the Electoral Roll and stand for ¢leciion to th¢ PCC. New members receive initial traing into th¢ workings of the PCC. During the year the following served as members of the PCC:. Revd, Harry Laiham Revd Leah Bates Rev Karen Wheatley. Mr Ro&yer Kitley. Mrs Janet Curtis Mrs Ann Golding Mrs Sue Boswell* Rector Benefice Ciirat¢ (left April 2024) Benefice Curate (from July 2024) Treasurer DLanery Synod Deanery Synod Safeguarding oificer
Datc ofrclircmcnt Rclircd 2024 2028 2029 2030 2030 2030 2030 Mrs Adrieiiiic l.loyd-williain5 Nlr Pliil I Ic)Iliiibidulc' Mrs I'hcliii.i Jackson Mrs Celia I'oiiis Mr William Donnelly Mrs Sally 14unl Mrs Georgie Mimicopoulou *Indicates meinbers of the Standing Committee The major risks to which the the PCC is exposed have been reviewed and systems and procedures designed to manage those risks have been established. Achievements and Performance Church Services in the Parish 2024 was a difficult year with the dcparture of Christopher Hancock who left at the beginning of the year to become the Rector of the Octagon Parish in Compton, followed by Leah Bates who left after Easter to become Rector of Fetcham. However we welcomed Karen Wheatley (our new deacon) and husband Rob at Petertide and they have come to live in the Rectory at Headley. With help from various visiting priests Sunday services continued as usual. At St Mary's, Prayer Book Communion was celebrated at 8.00 am on the first, second and fourth Sundays. At 9.30 am Family Communion was celebrated on the second and fourth Sundays. the second Sunday being a joint service with St Andrew's. At 10.30am Parish Communion Service was celebrated on the first and third Sundays. Livestreaming of St Mary's main moming services continued. At St Andrew's at 9.30 am a Contemporary Worship Service was held on the first Sunday, an Infornial Family Communion on the third and a l Oam Morning Praise on the fourth. On the fjfth Sunday of a month a Joint United Benefice Family Coinmunion took place at each of the three churches of the Benefice in rotation. The evening Explore & Connect gathering (meeting in the Octagon and Rectory) was paused with the departure of the Bates family. Ascension Day was celebrated again at the Viewpoint on Box Hill - with many thanks to Jan Curtis for her bacon samies. Ilarvest festival services look plac¢ as normal wilh generous contribiiiions of provisions for 14ead Start and the Nig)ht Shelier. Remembrance Day services took place in the normal way.
Chri%liniry% 11.1% Lelcbrilied niid bi)Ili C'liurL'IIc8 lu()kcd bcllutiful. I,'sihcr Joncs and thc Cc)ii)iiiiinil)' C"li{)ir pn)dilli ilic NiiiL, I,c%8(Ins aiid C'orols lllong%id¢ Si Mary's Church choir, and ilie C"arols b>, C"aiidlLligl)I IiM)k plnLC UI St Andrcw'4. Church AtndanCe lThe numbcr of pcoplc oli tlic Church Ilcctoral Roll at 31, Dcccmbcr was 80 (2023 - 83). lThc ai'crnge Sunda> allciidancc ovcr boili churclics was slightly lower than thc previous year, but has ni)t )'ct rccovered to prc-covid levels. Aiiendancc ai specific services were as follows. 2019 figures are included for comparison:. 2024 39 98 79 66 22 127 NIA 47 , 2023 71 70 72 81 22 2022 2019 41 89 70 107 94 118 86 91 51 NIA 176 87 24 51 27 51 Moihering Sunday Easter Day Remembrance Services Nine Lessons and Carols Carols by Candlelight Crib Service & Carols Midnight Mass Christmas Day 53 41 Occasional services were held as follows:_ 2024 2023 2022 2019 Baptisms Weddings & Blessings Funeral & Memorial Services 12 Review of the Year The Pilgrim Group continued to meet in the Octagon on a Friday morning, and Prayer & Pastries in St Andrew's. Monthly Healing Communions have taken place in St Mary's on a Wednesday Morning. First Friday ColTee continued in the Octagon. The Prayer Network daily emails have continued and many thanks to Charlie Holme for all his work on this and to the team of contributors. An especial 'Thank you" again to our vital but diminished volunteer teams. We are so grateful to those who clean our churches, provide refreshments, help as vergers and sidespeople, oversee streaming, arrange flowers, and look after candles. A continuing challenge in 2024 has been the lack of volunleers and a shortage of new helpers. We have a pressing need for people to volunteer to help clean, to join the Coffee Team. to help as sidespeople and vcrgyers. to sing in the choir and to arrange flowers- as well as to come on the PCC. 2024 was also the year in which the post of warden was vacant.
LooklnR Toiillrds 202.$ Tlic l)e.IllLri' c)I' I',psc)111 LiIILr.s ill %Lx()17d L'xpcricncc of ihc Purish Nccd5 Process - a rolling lil'() X'C¢lf pn)b)niii iliiil Pllt% %lriilLg?y at ilic lop of tlic lisl for ihc Archdeacon's Visitation. The PCC 1141% bl{)ixI I()IlTid4ilii)n.% li) biii Id 011 and lias updutcd our Church dcvclopment plan based on ihL prinLiplcs Iroiii tlic LYCIG malLrials {Lcadingi Your Church into Growth). ljnder ihc Ileading of Groii,Ing Dlsclple5hlp ivc continue to run Prayer & Pastries, to build our Pilgriiii coursc. and cncouragiL prayLr and biblL readingi, and baptism and confinnation. Under thc Heading of Growing Diversity we need to connect with younger people. Undcr thc Heading of Growing Community we will continue the Community choir and special musical cvcnls at St Mary's. We run First Friday Coffees and welcome hirers to the Octagon. At St Andrew's we support ihe Good Neighbour's monthly meetings, Warni Hubs, and ihe Coinmunity Fridge. We continu¢ our August Cream tea and Songs of Praise as well as our Carols by candlight for the wider community. Reaching out into our unique local communities, and amongst our neighbours and friends of all ages. in appropriate ways remains vilal. Developing a culture of Invitation remains a key part of our future. Continuing to serve all who come to us for baptisms, weddings. and funerals remains very important. We look to connect with people beyond our existing contacts and friends. We also look to keep growing in faith and in our connection to God as we develop our spiritual l ives in prayer, Biblc study. worship and service. Treasurer's Report The year has seen a slight decrease in altendances at services, although voluntary income {excludin&y donations and gifts) has remained constant. Voluntary income and donations are a vital part of our total income slream, and regular donations are extremely important as they provide a source ofincome that is both regvular and predictable. We have provided a varity of platforms for ihese donations to be made. alloiving ih¢ rttovery ofGift Aid, which is also an importani part of our income. We would encourage all regular donors to use one of these platforms, as our ability to recover Gift Aid from cash donations is always subject to staiutory limits. The Parish Giving Scheme has attracted a groii'ing niiniber of regiular donors, and we encoura&)e all new and regiilar donors io .join this schLmL. as il greliily slr¢amlines our adminislraiion, as well as the reportin&T and colleciion of Gitl Aid. ThL Pcis scheme also offers tl)e advaniakie of operatingj at zero cost io the piirish. online and credit card donalions do allraci a small commission. We therefore iirg)e yoii to revi¢iY hoiv you contribute to the work ol"Ilie church and consider joinin&? thL Parish Giving Sch¢in¢, I'hc averii&ye donalion by T¢&iulur d()nors to one or InorL of oiir iiiain regiiilar biivinb platforms was £16.37 pL'r wL'L'k, vLry LlosL' to lasi year's libiiire, liowever, Ihe niiinber ofreb)Iilar donors has incrLuscd slibiliily io 49.
IIIC ii'i)Iild likL Ic) Iliiqiik lill c)Iir rL'giiliir doiiors for iliclr invaliiablc siipport, but wc do urLFC Ihi)sc li li() arc lic)t rl'biilllr d()Ilc)r$ 10 .jI)ill c)iie of tlicsc rcgular givinbi schcmcs to hclp finance Ihc ii'ork. ol'tlic cliiirll). I'liilL c)ur ()iiliiic g)iviiib Iil.lili)nii nnd LrLdit card lacilily arc providing uscful additional inic)IllC. i)artiLiII,Irl>' lft)iii ii()n-rcgiiilar aiicndcrs ut 5crvicLs, or at 5pcLial scrvices such as 'eddinbis 4qiid bapti$11ls, iiicoiiic Iroiii tlicsc soiircL'S was £1,424 in thc ycar, a substantial fall tri)ni lasl )'ear. riindraising and doiiations lo charity included donations to The Meeting Room, Leatherhead Siart. and St Pcter's Lifclinc in Kenya during the year. Summary We have recorded an excess of income over expenditure in our general account for 2024 of £8.910. Minor repairs to the fabric of our buildings were carried out during the year, but there were no items of significant expenditure. This has largely contributed to the surplus of income over expenditure generated this year. The intrusion of ground water into the basement at St Mary's. continues to be an issu< but the recently installed sump pumps are keeping the boiler room reasonably dry. All works identified in the Quinquennial Review of our two churches, which was carried out in May 2021 by our Inspecting Architect, have now bcen acted upon. We have fully paid our Parish Share of £49,287, bul we have been advised of a substantial increase of 6.50/0 in 2025. Recent budget changes lo employers National Insurance contributions will also negatively impact Parish Share, although we have not yet been advised of the extent of this. We continue to use the Parish Buying scheme that takes advantage of the combined purchasing power of a large grouping of parishes. This has led to substantial cost savings, particularly with oil purchases and olyice and church supplies. One of the great concerns to us all is the increase in energy costs, althoiigh prices have now stabilised. Unfortunately, our 3 year fixed price contracts for gas and electricity supply ended in December of this year. Our new conlract prices are substantially higher and we will see a sharp increase in energy costs in 2025. We do not have a similar arrangement for our oil supplies, oil prices have fluclualed during the year, but were generally about the same as in 2023.. The annual cost of running our two churches in 2024 was £93,869. This figure excludes fundraisinLY CJ)Sts, chariLqble donations, trading costs and Old School insurance cosls. The rentsl income froin Thc Old School has again been an extremely important part of our revenues. Re&iular L)iving is an ¢sseniial source of income and we would like to thank ¢veryone who regularly donates to ihe Parish by committed giving through Parish Giving. stsnding orders and coloured &)ift aid envelopes. The Parish Giving Scheme has been a very efficient means of sustaining our incoming resources and has proved to be particularly
inip()rl.1T)I diiriilb) Iliis liiii¢ of grcai unccrtuinty. Wc arc olwllys in nccd of new committed gii'crs li) liclp n141illtaill iqiid grow our incoinc and wc would urge our regular givers to keep their conlribulioii Icvcls under rcvicw. In 2020. Il'e cslablishcd a Curate fund to cover our 500/0 share of the cost of having Leah Bates as ihc Bencfice's Curale in Training, resident in the Rectory. Now that Leah has moved on and has been replaced by Rcvd Karen Wheailcy, the need to maintain and support a Curate Fund will continue for the foreseeable fulure. This is a substantial cost. but we feel it is essential to continue the life of the Parish. Hoii'cver, the fund required a transfer of £3,240 from the general Fund to achieve a break- even for the year. On current forecasts, an even greater sum will be required in 2025. We therefore have an urgent need to increase our donations to this fund, we encourage those already donating to this fund to continue to do so, and those not donating to consider helping to fund this important post. IAJoking to 2025 While we have recorded a surplus for 2024, we are projecting a deficit in 2025 of as much as as £15.000, depending upon the exlent of any necessary maintenance works. The rnain drivers for this rather pessimistic forecast are:. The large increase in the Parish Share, previously referred to Increased utility costs Continued inflationary pressures This forecast serves to highlight the pressures on parish finances, and the ever present need for donors to continue to support the work of the church and to maintain our beautiful buildings. Statement of Financial Affairs and Reserves Policy Cash PosltAon At31$1 December. our cash balance in the General Accounts stood at £62,018. Our investment in the Atomos PCC Fund was valued at £28,865 on 31, December. this represents a rise of £639 (2.3 %) in the value of our investment over the year. This PCC Fund also yielded interest of £638 (2.3 % ) during the course of the year. We do face great uncertainty for next year and there are no guarantees that ive will receive financial support going forward. However, w¢ do have strong cash reserves and we continiie to r¢ceive wonderful support from our regular donors, for which we are exlr¢m¢ly gratefiil. Reserves Pollcy In sepMber 2021. the PCC adopted a forinal resoluiion io hold a minimiim of £30.000 in rcscrves, approximately 34 montlis of normal expendiiiire. This figiire is to be review¢d
nnniinlli hnil inircfi4NI iihrn Prni11LfihlL, In N4i1wemli 2n24. Ihe PCC agreed that our min irniim ri-¢eii'r< hiyiilil fil ihcit Illttcnl leTrcl i)f É l%.(KKI. (hit t<)tal net curreni liquid h4M"l< ni I I" l)i'i'i"rnli Il't-ri £I¢A.244 IC7A.l)11S Al 11" I)eLemt 2(Tr2.1). we are therefore vili<fii"Il ihni 1hi.rc Iri iiifiiiinl rivtiel i<) mctl ccfftlinuing nttdi. 'Ihe minimum r&MI"lJ'L I l imil 11 il I rL'I Icii ill gAin in N'i)Itmlt 2n25. nft l•ehifDf iht iyr: 1 I" Aprll 2n21 .flRned hj. 44pJL Lo RTh. 11 N L tAiham. Redor Klllc). Trujtee
I)AIIISII OF Iir.ADLEY WITH BOX HILL STATF.MENT OF FINANCIAL ACTIVJTIES for tlie year endcd 31 December 2024 Noles Reslrlcted Funds Unrestrlctedl Deslgnated Fundj TOTAL 2024 TOTAL 2023 INCONIING RESOURCES Volunia Aciii'ilics fundraisin Tal rcccived Ib)U VA T refunded Income from Grants, Trust Donations Income from InVestmentPrO ert Income from Church Activities Other Income incon)e for generating funds 53,834 2,392 1,228 1,228 h Gift Aid 12,708 1.057 1,000 26.229 748 748 27,035 27,035 1,281 TOTAL RESOURCES INCOMING 111,192 112WI RESOURCES EXPENDED Costs generating fundraisin Home mission givin8 & Charilable donations Church activities: parish share & end Church ex nseslrecto Church activities: Honaria o anist Mission. evan elism. trdinin costs Improvement WorkslExlension Church Activities: Runnin Costs Church Aclivilies: Utilities Costs of Trddin Professional Fees Other ro costs Governance Costs Transfer to General Account io funds (5) 2,025 2,025 2.100 49.287 49,287 47.241 activities: clergy 10,727 10,727 9,952 4,800 4.725 3,016 19,110 3,016 19,110 6.929 12,184 21,804 6,355 6.118 5,154 1.234 .123 TOTAL EXPENDED RESOURCES 10 102,282 102282 NET INCOMING RESOURCES Before Investment GaffinslLosse$ et assets before Investment GainslLthse$ bifas at l Janua Net Ga5nslIA)sses on Investments 8,910 8,910 1,411 230,619 230.619 218.911 639 639 1,386 NET ASSF.TS CARRIED FWD AT DECEMBF.R31 231,257 231,257 221.708
PAIIISII OF HIADLEY WITH BOX HILL BALANCE SHIET AT 31 DECEMBER 2024 Notej Restrlcltd Funds Unrestrleted IDeylgnAted Funds Total 2024 Total 2023 FIXED ASSETS Freehold land & buildin Plant & E ul ment 143,013 143,013 143 013 143 013 143 013 143 013 CURRENT ASSETS Debtors: Income Tax receivable VAT rrfeivable Other Cash at bank and in hand Investments Investment Interest 2,120 2,281 11 100 62,018 100 405 28,226 5.000 93,103 98,103 8708 CURRENT LIABILITIES Creditors: Loans re a able within 24 months Rent de sit Other accrued ex 3,531 nse5 .328 1,328 1,436 5,000 4059 9,859 8,813 NET CURRENT LIQUID ASSETS TOTAL NET ASSETS 88.244 88,244 78.695 231357 231257 221.708 PARISH FUNDS Restricted Funds nated Funds Unrestricted Funds 38,484 192.773 231,257 38.484 192,773 231,257 182.640 221,708 The notes on pages I I to 18 form part of these accounts Ih Approved by the Parochial Church Council on I l April 2025 SIAiiied by.. Revd. Henry N L Latham, Rector Itle 10
'{)T. T() TIITr. ACC()IINT AccnunllnR Polleles lTh¢ P("L is a publi¢ b¢iielit cnlity within the Incaning or rRS102. Thc financial statements have been prL"paN'd linder ihe Ch.irilics Acl 2011 and in accordancc with ihc Church Accounting Regulations -006 goi'erning ilic individual accounts of PCC'S. loL?cther with applicable accounting standards and the *016 I'ersion of ihc Slalciiient of Rccommciidcd Praclice, Accounting and Reporting by Charities (SORP(FRS102)). The financial slalements have becn prcpared on an accruals basis under the historical cost convention iih the ciception of inveslments assels which are shown at market value. The financial staiemenls 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 ihose that are infornial gatherings of church members. Incoming Resources Volunta Income Collections a recognised when received by or on behalf of the PCC. Planned giving receivable under Gift Aid is recogniscd only when received. Income T&x recoverable on Gift Aid donations is recognised when the income is recognised. Grants and legacies to the PCC are accounted for only when the amount due is r¢c¢ived. Activities for Generdtin Funds Funds rnised by fund raising events are a¢¢ountcd for gross. Income from Investments Bank interest received which is attributable to Designated Funds is shown as such. ncome from Church Activities Statutory fees are accounted for net of the Parochial Fees due to the Diocese, which are Ireated as agency collections. Sales of Lx)oks and cards from the bookstall, sales of Parish magazines and income from magazine advertising are accounted for gross. Resource5 Expended Church Activities The Diocesan Parish Share is accounted for when paid. Any parish share unpaid at year end is provided for in these acuntS as an operational and moral (though not legal) liabilily. Grants and donations are accounted for when paid over, or when awarded, if that award create5 a blnding obligation on the PCC. Fixed Assets Consecraied ro and ovab ur Consecrdted and beneficed property of any kind is excluded from ihese accounls by section l 0(2) of Ihe Charilies Act 2011. Movable church furnishings held by ilie Reclor and Churcliwardens on speclal trusi for the PCC. and which require a faculiy for disposal, are accounled as inalienable property unless consecrated. For 11
inali¢i)able prortY acquired prior lo 2000 Ilicre is insufficient cost inforniation available and theret.orc such asscts are nol valued iii the accounts. Item5 acquircd since l January 2000 have been capitalised and depCIated in Ilie accounls over their currently anticipated useful life on a straight line basis. All expenditure incuThed in the year on consecraled or beneficed buildings, indlvidual items under £ 1.000 or on the repair of movable church furnishings a¢quired before l January 2000 is written off immedialely. IAnd and buildin No depreciation is provided on the land and buildings because it is considered the usual life of the building will be in excess of 50 years and it will have a high residual value. The building is regularly maintained. Provision will be made should any annual impairn)ent review show that a pernianenl diminution in value of the land and building has occurred. Other fixtures fittin s and office ui ment uipment used within the church premises is depreciated on a straight line basis over 4 years. Individual items of equipment with a purchase price of less than £1,000 arc written off when the asset is acquired. Restricted and Unrestricted Funds Restricted funds include funds which have been donated for spc¢tfi¢ purposcs and therefore have restricted use. Designated funds are those funds designated from time to time by the PCC for specific purposes. Such designated funds may be closed once their original purpose has been accomplished or when all monies have been exhausted. 2. Investments- Atomo$ PCC Fund On 6 August 2019, the CBF Deposit account was closed and a total of £30.000 was transferred from the current account and the CBF deposit account into a n¢w PCC account in the Sanlam Optima Fund. In 2022, Sanlam rebranded ilself as Atomos. 3. An5 In order to finance the completion of the Octagon Project, in 2020 the PCC received a total of £30.000 in zero interest loans. repayable by November 2022 at the latest. This liability was recorded on the Balance Sheel and reflected in the Octagon bank balance. Thes¢ loans were repaid in full during 2021. 4. TgDglble Flxed gssets- Freehold Land and Bulldlngs 2024 2023 As at l January As at 31 December 143,013 14 01 143.01) 143 Freehold land and bulldings comprise the fomier school bulldings and that part of the field adjac¢nt to St Marfs Church used for car parking. 12
Rectnn. and Ivovklni fi.xpeniey 2024 2023 Rev. Ilarry. l..iiliaiii. Rcv Leali 11111cs &. Karcii Whe,iilcy Nlileage alloii'ance Oih¢r ¢Np¢iise5 of ollicc Vi5iling $aK-crS / Miiiistry 1,777 451 695 248 Rectory eXlS¢S and rcntal payinents 8,499 8,532 10,727 9,475 6. Analysis of Net Assets by Fund (l) The en Mission Fund represenls a fund designed by the PCC for the purpose of promoting misston in the Parish and togdher with St Petevs Mission Fund promoting mission tn the United Benefice. (2) The Extension Fund represents a fund designated by the PCC for the purpose of investigating and building an extension to St Mary's providing a kitchen, toilets. cupboards and meeting area. This is also known as the Octagon Appeal. The project is now ¢omplele and fully funded, therefore the Extension Fund is now closed and will noi be reFK)rted in future years. (3) The Curate Fund has been established to track expenditure and donations to support the provision of a Curate in The Rectory, Headley. (4) The Reserve Fund was established in 2021 to provide a minimum of £30,000 in reserves to provide a contingcncy for exceptional Situations or unexpected major expenditure on the fabric of our buildings. The minimum held in reserves will be reviewed annually, and increased when feasible. The PCC agreed in November 2024 to maintain this fund at a level of £38,000. (5) Rent De sit of £5.000 is held as security on the lease of The Old School House. 13
Rtslrlcttd Furtdi (2) Extcnslon Fund (5) Rent Deposlt Tol81 Rejtrieted Fundj BAl#nce at l Jvdllu4 Inconie EKpenditUTe Balanee 4t December 23 Represented by Creditors Cash Net Assets at 31 December 24 31 (5,000) 5,000 (5,000) 5,000 Designated (Unrestrleted) Funds (l ) Benefiee Misslon Fund (3) Curate Fund (4) Reserve Fund Total Designated Funds Balance at l Janua Income 452 482 616 4,763 5.245 Transfer from General Fund Expenditure 3.240 3.240 450 8,619 8,806 Net Assets at 31 Deeember 484 38,000 38,484 7. Non-Re¢urring Grants No grants (other than a VAT refund) have been received this year. 14
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Incoming Rtsources Rejlrlcted Funds 2024 Unrestrlcted IDeylgnated Fundy 2024 Total 2024 Total 2023 Volun1# Ineomc I'ax clliciiiil laiiiicd Sliliidin Orders Piri511 Givin Sclicine Coloiired cnvclo CAF chc Iics While cnvelo Cash in plate 7,840 24,301 24,301 2,700 2,010 3,600 Collcciions at services: 5,249 5,249 5,464 Online I Credit Card Non-recurrin ivin Le acies ivin donationsla 1,434 als Total Volunta Ineome 53,669 53,669 53834 Fund rgisin Tax received throu h Gift Aid Transfer to Gen Acc from Octa 1,228 1228 13.744 2J92 onlRent De VAT refunded Donations from Trusts Freeman Braithwaite Trust Other Trust Donations Non recurrin Grdnts Total Donalions from Trusts 748 748 1,057 1.000 1.000 Income from Investmenls Bank inlerest Income from ro Atomos PCC Fund Total Investment Income 1,072 25,325 638 27,035 ,072 25,325 6i8 27.035 729 24.910 590 26229 Income from chureh activities Staluto fees net Book and card stsll yazine advertisin and sales Miscellaneous Income Event Income Total Income from Church Aetlvltles 5.924 74 6,114 1.150 225 5.924 74 6.114 .150 225 2.019 115 5.8)) 1.775 1.066 10.808 Other Incorne Refund on Old School insurance Refund on eleciricil Refund of llectO ex InsuranLe recove Refund of water cosls Total C)ther Income 822 822 734 nses from Si Peter, 459 459 3,769 1,281 1,281 4.503 Totsl Income 112031 15
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Resour¢c F.xi)endtd Re5trlcled Funilj 2024 Unreslrlcte Total 2024 Total 2023 IDeilgnllted Fundj 2024 Fundrnisin Chgrll8ble donallons PArlh And sllpend Parish 8hi iid lo l)ioccsc Sii lid io l)ioccse Total Pa 'ments to Dlocesc Clt ,IRcf to nscs WorKin& ex nscs of incuTnbcnt Rccto nses Visilin Minist Rectorv Tenlal Total Cle Honaria O anist Trainin Mission & Evan elism Costs TrAnsfcr to Gen Acc from OctagonlRent Deposit 49 87 49387 47 41 695 552 193 55 519 451 519 451 cle Is ak'et ments lo Diocese IRecto Costs 10,727 00 Church Im rovement Work$ Church runnin costs Insurance iano tunin Church Maintenance Refuse dis sallcleanin of services of church ard & rounds Administrationmisc. Costs uin uennial Reviews Total Curch Runnin Church Utili Costs Electrici 12,184 4.302 559 3.486 482 329 6,563 4,302 559 3,486 482 329 4,155 238 8,330 455 500 5.833 2,293 3.389 C05tS 1.759 934 1.407 1,645 610 6JSS 947 1,378 947 1,378 795 596 6.929 Water and Drdina Telecoms Total Utility Costs Costs of Tradin Ma azine Costs Card StandlBookstsll Bank/Onl ine/Crcdii Card Costs Eveni Cosis Total Costs of Tradin Governance cos1$ St Mary's new bulld5ng exten$lon Professlon41 Fees and Construclion Cost$ Old School Snsurance art reimbursed 596 6,929 5,20 81 450 81 450 97 815 34 1234 1.123 Total Expenditure 102282 102282 Nel Incojnffing Resouree 8,910 8,910 16
10. NI)TF..¢• T() ACCOUNTS 2024 ACCRUALS 2024 Income to be Credlted Q4 IIMRC Rcfund io Gcncral Fund Online and Crcdit Card Donaiions (Dcccmbcr) 2,110 Total Accrued Income 2220 Expenditure to be Debited Unrcstricted Funds Fire Extinguisher Service Rector's Expenses Honaria Organist Electricity Gas Online/Credit Card Charges (December) 356 263 250 404 54 Total Accrued Expenditure lJ28 Other Creditors Dioorse Parochial Fees (Agency) ( l ) Community Choir (2) HMRC 366 1.091 2,074 Total Creditors 331 Current Cash CAF Current Account Cash Natwest Current Account Cash CAF Deposit Account Cash Natwest Deposit Account Cash Cash Manager (Rent tkposit) Cash in hand (floats) 13,142 2,997 41,075 4,760 5,000 44 Total Cash 67,018 Liquid Investments (Atomos PCC Fund) 28,865 Total 95,883 I Parochial fees are that portion of wedding and funeral fees that are colle¢ied on behalf of the l)iocese of Guildford, they are therefore noi incliided in the statement of income. however ihey do impact upon ihe ljank ljalance. 2 Fund5 h¢ld on behaifof Community Choir, are not incliided In lh¢ stat¢m¢nt of income and expenditure, bui are included in the Ilank tJalanc¢. 17
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I 'l)EI)F.NI)I:NT F. IINI.R'S RF.POIIT This on ilie accounts of the PCC for Ihc ycar cndcd 31 Dccemkr 2024, which are set out on pages 6 10 18. 15 in rc5PCCt of an cxaininalion carricd out in accordance with the Church Accounting Rcgulalions 2(X)6 ('Ilic Rcgulalions") and ihc Charilics Act 2011 ("Ihc Act"). Respcctiie respon$lbllitles of trustees and examlner As the mcmbcrs of the PCC you are responsible for ihe preparation of the financial statements; you consider that the audit requirement of the Regulations and section 144(2) of th¢ Act do not apply. 11 is my responsibility to issue ihis report on those financial statements in attordance with the lernis of the Regulalions. Basis of Independent examiner's report My examination was carried out in accordance with the General Directions given by the Charity Commission under section 145 of the 2011 Act. That examination includes a review of the accounting records kept by the PCC and a Comparison of the financial statements with those records. It also includes considcring any unusual items or disclosures in the financial statements and seeking explanations from you as trustee5 conceming any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit. and consequently I do not express an audit opinion on the view given by the financial slalements, and the report is limited to those matters set out in the statement below. Independent examlner's statement In connection with my examlnation, no matter has come to my attention: (i) which gives me reasonable cause to believe that in any material respect the requirements to keep accounting records in accordance with section 130 of the 201 l Act: and to prepare a¢¢ounts which accord with the accounting records and to comply with the requirements of ihe 201 l Act and the Regulations have not been met; or (2) lo which. in my opinion, attention should be drawn in order to enable a proper underslanding of the financial statements to be reach. SiA•ned bj" Stuart Knee Date: 141b Aprll 2025 19