Reglstsred Charlty No: 1154050 Report of the Trustees and Unaudited Financial Statements for the Year Ended 31 December 2024 for THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF STJOHN THE EVANGELIST, CHURT AND RUSHMOOR THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JOHN THE EVANGELIST, CHURT AND RUSHMOOR Contents of the Flnanclal Statements forthe year ended 31 December 2024 Pages Legal and Administrative Details Tru5tee5' Report Independent Examiner's Report to the Trustees of Grayshott Concerts Statement of Financial Activities Balance Sheet Notes to the Financial Statements io THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JOHN THE EVANGELIST, CHURT AND RUSHMOOR Legal and Administratlve Detslls for the Year Ended 31 December 2024 Registered charity no: 1154050 Prlncipal address: St. Johns Church Office Old Kiln Lane Churt Surrey GUIO 2HX Trustees: Revd Helen Hancock Phillida Jane Hall Sally Ann Langdale Fraser Philippa Clare Lloyd-Perks Geoffrey John Langton Braln Tlmothy Andrew Kirk Rev Richard Bodle Charles Patrick Eve Hugh John Trotter Sarah Bourne Richard Bourne Bankers: Lloyds Bank 12 High Street Haslemere GU27 2JG Independent Examlner: Dr Michael Shorthose Churt House Farnham Road Churt Farnham GUIO 2PX Minister: Revd Helen Hancock THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JOHN THE EVANGELIST, CHURT AND RUSHMOOR Trustees, Report for the year ending 31 December 2024 The trustees present their report with the fi'nancial statements of the charity for the year ended 31 December 2024. The trustees have adopted the provisions of Accounting and Reporknng by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 102) (effective l January 20191. OBJECTIVES AND AcfiviTIES Objectlves and alms The objective of St John's, Church is to provide public worship open to all at regular church servlces, and promote in the ecclesiastical parish the whole mission of the church. To this end, it provides: Provision of sacred space for prayer and contemplation Pastoral work in the Parish Teaching of Christianity Taking of religious assemblies The provision of children's groups with a Christian ethos. Promotion of Chrlstlanlty Promotin8 the whole mission of the Church Supportin8 Other charities in UK and overseas In addition, In order to finance these activities of St John's as a worshipping community, St John's uses Its buildings malnly for Christian worship and various pastoral acttvities, for example fund raising activities as a self-supporling organisation. To maintaln Its ability to support both parish and community activities, the parish regularly undertakes work to maintain and, where possible, enhance the bulldlngs and their facilitie5. Thls Is funded by regular donations and fund raising activities throughout the year. Volunteers We would like to thank all the volunteers for their valuable contrlbution to our mlnlstry and for keeplng the church running. ACHIEVEMENT AND PERFORMANCE Achlevements and Performance and Publlc Benefit When planning their activities, the incumbent and the PCC considered the Commission's guidance on public benefit and, in particular, the specifi'c guidance on charities for the advancement of religion. The church continued to serve the community and events included the usual attendance at the village fete, as well as several other events within the community. Work was done to address the pastoral role of the church within the community. THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JOHN THE EVANGELIST. CHURT AND RUSHMOOR Trustses, Report for the year ending 31 December 2024 (c'td) Flnanclal Review and Reserves Policy The Church Statement of Financial Attivities recorded a net surplus movement in funds of £19,118. Income in the year increased from £99,988 to £127,877. Regular giving produced a NET increase of £5,292 over 2023 (including tax rebate)- this was as a result of an uplift in the number of donors as well as an increase in the amount of giving from a number of existing donors, however we also saw a decrease in the amount of giving from several donors. That aside, the Stewardship Campaign towards the end of the year has reaped benefits, with NET annualised regular income having increased by just under £10,000, when comparing December 2024 to December 2023 position. Casual giving and donations has increased by £9,828, whilst also having received £15,000 In Legacies during the year. Expenditure In the year increased from £80,929 to £108,759, with notable increases in the Diocesan Parish Share payments of £14,752 (due to full year costs of our new Minister) and in Vicarage rent of £21,254 {this reflects all payments in arrears now brought up to date as agreed with the Diocese). Other increases include church maintenance of £5,973 and Stables utility Costs £1,689, whilst notable decreases include £10,735 in Other Resources Expended {moving fees and vlcarage decoration costs incurred in 2023). The Balance Sheet continues to reflett strength, with total net assets amounting to £206,258, reflecting an increase of £19,118 In net movement of funds from last year's fi8ure of £187,140. This comprises £63,586 in restricted funds (including £49,851 for the Fabrlc Fund) and General Funds of £142,672. The Assets within these funds consist of Debtors totalllng £14,433, Cash amountlng to £205,294 and Creditors totalllng £13,468. Of the cash balance of £205,294, £150,OCK) was transferred to a Central Board of Flnance Church of England Deposit Fund, earning interest at an annual rate of 4.45%. The total held in this Deposit Fund at year end is £158,403. However- whilst the cash balance appears strong, c. £64k of this is in Restricted Funds, therefore leaving c. £143k in Unrestricted Funds. As in previous years, we are still running at a day to day operational deficlt of c. £21k {ie running costs outweigh guaranteed regular income) therefore it is critical that the PCC continues the positive work done so far to find as many ways as possible to increase further the level of regular giving and other forms of donations. The current level of unrestricted funds would last 7 years without any increase in regular giving or other forms of income. Reserves pollcv It is the policy of the PCC (agreed with church members at the APCMI to maintain a minimum of 25% of average annual regular expenditure in the unrestricted funds, which are the free reserves of the Church, as well as a substantial balance in the restricted Fabric Fund. Pleasingly, the balance on both these funds at the end of 2024 was healthy, thus meeting these criteria. The level of free lunre5tricted and designated fund) reserves at 31 December 2024 stood at £142,67212023: £121,583), and the Restricted Funds at £63,586 (2023:£65,5551. THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JOHN THE EVANGEUST, CHURT AND RUSHMOOR Truste￿ Report for the year endln8 31 Oecember 2024 {dtd) srRUCTURE. GOVERNANCE AND MANAGEMENT Govemlng document The charity Is controlled by its governing document, a deed of trust and constttutes an unincorporated charlty. Recrultmènt and appolntment ol nèw trustees The appolntment of PCC members Is governed by and set out In the Church Representatlon Rules. All church attendees are encourd8ed to register on the Electordl Roll of the parlsh, and new members of the PCC as trustees, are elected at the Annual Parfsh Meeting by members of the Electoral Roll. Key manasernent remuneratlon Durlng the year £641.97 (2023: NII) expenses were made to the Resldent Minister, and £1,002.39 were made to PCC members for varlous fvndraislng artlvltles and church runnlng costs (2023: £3,391). Approved by order of the board of trustees on 15° October 2025 and slgned on Its behalf by: Jdi Revd Helen Hancock- Trustee THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF STJOHN THE EVANGELIST. CHURT AND RUSHMOOR Independent examiner's report to the trustees of the Parochial Church Council of the Ecclesiastical Parish of St John the Evangelist. Churt and Rushmoor I report to the charity trustees on my examination of the accounts of The Parochial Church Council of The Ecclesiastical Parish of St John The Evangelist, Churt and Rushmoor (the Trust) for the year ended 31 December 2024. This report is made to the Trustees, as a body, in accordance with the terms of my engagement. My work has been undertaken so that I might carry out an Independent Examination of the financial statements in accordance with the General Directions 8iven by the Charity Commissioners. To the fullest extent permitted by law, I do not accept or assume responsibllity to anyone other than the Charity and the Charity's Trustees, as a body, for my work or for this report. Responslbilltles and basls of report As the charity trustees of the Trust, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act'l. I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commisslon under Sect5on 14515){b) of the Act. Independent examlner's statement I have completed my examination. I confirm that no material matters have come to my attention In connettlon wlth the examlnation giving me cause to belleve that in any material respect: accountSng records were not kept in respect of the Trust as required by section 130 of the Act; or section 135{2llal of the Housing and Re8eneration Act 2008; or 2. the accounts do not accord with those records; or 3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charitie5 (Accounts and Reports) Regulations 2008 other than any requirement that the accounts 8ive a true and fair view whlch is not a matter consldered as part of an independent examination. I have no concerns and have come across no other matters In connection wlth the examlnation to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Dr Michael Shorthose Churt House, Farnham Road, Churt, Farnham GUIO 2PX Ih 28 March 2025 THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JOHN THE EVANGELIST, CHURT AND RUSHMOOR Statement of Financial Actlvltles for the year ended 31 December 2024 Unrn8trtetgd fundg De8lgnat•d funds Re8trict•d funds Total funds Prlor year total funds Incomo and Donations and legacié$ Income from charilabb act¢wlie8 Other trading adivjtigs Investments 109,547 10,127 100 109.647 10,127 7,679 424 127,877 79,424 12,421 7,895 248 99.988 7,679 424 120,098 Total income Expendllur• 7,779 Rai8Ing funds Expgnditure on Charitable 8clivitk*s Other e endtture Total 6X endrtur Not lnc0m8118x￿nditUre} Mourc88 beforo 3.579 76,877 18,754 99,010 21,088 9.749 13,328 76,677 18,754 108.759 19,118 7,322 42,049 31,558 80,929 19.059 9.749 -1,970 Transfers.. Gros8 transfers belwe8n funds- in Gro88 Iran$fors betweèn fvnds - out Other Gainsllosses on investment assets Gain5 on revaluation frKed assels charrt Nel movement In fiJnd8 ReGonciliatlon of funds Total fijnds brou ht forward 2024 r end ad'uslmenl Total fiJnd8 carried forw8rd 21.088 -1,970 19,118 19,059 99,842 21,742 65,556 187,140 168,079 120,930 21,742 63,S86 206,258 187,140 Note that a small adjustment of £2 has been made to the funds bought forward from 2023 attributable to small rounding errors in the previou5 Financial Statements. The notes on pages 10 to 15 form part of these financlal statements ThE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF STJOHN THE EVANGEUST, CHURT AND RUSHMOOR Balance sheet as at 31 December 2024 At 31MW2024 At 3111212023 Curr•nt ••••l• Ca&h At B￿k And In Hand 14,433 119,965 134.398 21,742 21.742 14,433 205,294 219.727 11,362 190.442 201,804 Llablllll Credltty&' Amwrrts F8lNng lkn In On8 Year 13,468 13.4e8 13.468 13.488 14,684 14.684 11otcurr•nt••••ts ¢urv•rt 120.930 21.742 83.088 206.258 187.140 Tot•1 a•••ts l••• ¢urv•nt Il•blllU Llablllll•• 120,930 21.742 63.586 206.208 187.140 Tol•1 rnt••••t• IliblllU•• 20.930 21,742 03,680 206,258 187,140 Funds as at 31 December 2024 G•n•r•l D••lw•t•d Re•trl¢t•d 120,930 At 31M2A024 At 3111212023 OMlgMt•d 120,930 99,842 I)￿n8￿J. Chlklr•n And Ywlh Fund Do81gna￿l . Fund nat•d. Toddl•r Gnx 2,42S 19,201 118 2,425 19,201 118 2,425 19,201 118 R08trfthl- Fabrfc FUNI Re8trtd•J. Flohw Fund Re8tiid&J- FITend8 Of St John 37.849 728 12.203 13,008 83.688 37,849 728 12,203 13.006 08,268 45,727 628 6,195 13.006 187.140 Fund Tol•l• 12 The flnanclal statements were approved by the Board of Trustees and authorfsed for issue on 15 October 2025 and were signed on its behalf by. Helen Hancock. Trustee John Braln - Trustee THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST JOHN THE EVANGELIST, CHURT AND RUSHMOOR Notes to the Financial Statsments for the year ended 31 December 2024 l. Accounting pollcles (a} Ba515 of accounting. The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP {FRS 102) 'Accounting and Reporting by Charities: Ststement of Recommended Prattice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 1021 (effective l January 2019),, Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland,, the Charities Act 2011 and in accordance with the Church Accountln8 Regulations 206 governing the individual account5 of PCCS. The financial statements have been prepared under the historical cost convention. The accounts have been prepared to give a 'true and fair view, and have departed from the Charities (Accounts and Reports) Re8ulations 2008 only to the extent required to provide a 'true and fair view, This departure involved following Accounting and Reporting by Charitie5 preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS1021 issued on 16th July 2014 rather than the Accounting and Reportin8 by Charities Statement of Recommended Prattice effective from 1st April 2005 which has since been withdrawn. (b) Incomlng resources. All Income is recognised in the Statement of Financial Actlvities once the charity has entitlement to the funds, it Is probable that the income will be received and the amount can be measured rellably. Donations, Legacies and Collections. Collectlons are recognised when banked by or on behalf of the PCC. Planned giving recelvable under Gift Aid is reco8nised only when received. Income tax recoverable on covenants or Gift Aid donations is recognised in the accounts when the gift is received. Grants and legacies are accounted for when the PCC is nodfied of Its legal entitlement and the amount due is probable. Other trading income. Parothial fees due to the PCC for weddings, etc. are accounted for on an event by event basis. Fundraising Activities are reco8nised when received. {c} Resources expended Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and ha5 been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. 10 THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF sr JOHN THE EVANGELIST, CHURT AND RUSHMOOR Notes to the Financlal Statsments for the year ended 31 December 2024 (c'td) (d) Fund accounting Restricted funds represent bequests, donations and PCC appeal proceeds made for a specific purpose. The funds may only be expended for the particular objective for which they were given. Any balance remaining unspent at the end of the year is carried forward 35 a balance of that fund. The fund5 are generally held in a bank deposit account and the interest is apportioned to individual funds on an average balance basis. Unrestricted funds are general funds which can be used for PCC general running expenses. Designated funds are part of the unrestricted funds that have been set aslde for a parttcular project. These funds may be redesignated by the PCC, therefore designation does not prevent these funds from being spent on any other purpose. Condult funds represent fees for the services of the clergy, organist5, vergers or choir at weddings and funerals, where the money is paid over directly to those involved. These funds also include collections taken at funerals Whe￿ these funds are designated for charities or organisations outside of the church, and funds which have been collected or received on behalf of other charities. These funds are not included in the Statement of Financial Activities. Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. (e) Taxatlon The charlty is exempt from tax on its charitable activities. li THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF sr JOHN THE EVANGELIST, CHURT AND RUSHMOOR Notes to the Financial Statements for the year ended 31 December 2024 (c'td) 2 Donations and legacies This ear Last ear Donations and legacies Regular Grft Aid Collections Gift Aid Regular non Gift Aid One-off Gift Aid gifts Other giving Donations appeals etc Tax recoverable on Gift Aid Legacies Projects Fund Flower Fund 44,490 2,412 8,541 5,895 20 19,417 13,772 15,000 33,259 1,801 15,746 3,127 80 10,858 9,534 5,019 100 109,647 79,424 3 Other tradlng artlvltles This oar Last ear Othar trading activitie8 Friends of St John 7,679 7,895 Role of volunteers The PCC is reliant on a team of volunteers to enable the running of the church and related activities. The PCC estimate that approxlmately 65 people are involved in volunteering roles in order for the church to conduct its services and further activities and to carry out its role in the community. These a￿ many varied contrlbutions too numerous to acknowledge properly in these financlal statements. They include mission, pastoral, worship/service related, church and grounds upkeep, youth and children attSvities, administrative, financial and many more. In accordance with the SORP, due to the absence of any reliable rneasurement basis, the contrlbution of these volunteers is not recognised in the accounts. 4. Investment Income Th18 ear Last ear Inv•stments 1020 - Bank and building society Inte￿St 424 248 12 THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF STJOHN THE EVANGELIST, CHURT AND RUSHMOOR Notes to the Flnancial Statements for the year ended 31 December 20241