ST MARY'S AND ST FRANCIS PAROCHIAL CHURCH
COUNCIL
ANNUAL REPORT FOR 2024
2024 ANNUAL REPORT AND ACCOUNTS
for the Parochial Church Council of
St Mary's and St Francis, Barcombe
Page
Ito4
Annual Report
Financial Review
Administrative information
Report of the Independent
Examiner
.I'lllil
10
Statement of Financial Artivities
11
Balance Sheet
12 to 17 Notes to the accounts
Website: www.barcombechurch.org
Incumbent:
The Rerfd Sam Carter
The Rectory, l The Grange, Barcombe, Lewes, BN8 SAT
Kim Gomes, Independent Examiners Ltd,
Unit 2, The Broadbridge Business Centre, Delling Lane, Bosham, P018
8NF
Principal Bankers: CAF Bank Ltd, Kings Hill, West Malling ME19 4TA
Registered Charity no: 1159084

ST MARY'S AND ST FRANCIS PCC ANNUAL REPORT 2024
Our aims and purposes as a charity
The Parochial Church Council {PCC) has the responsibility of co-operating with the incumbent,
the Re¢d Samuel Carter, in:
o the promotion of the gospel of the Lord Jesus Christ according to the doctrines and
practices of the Church of England;
knowing Jesus better and making him better known.
promoting the whole mission of the church - evangelistic, pastoral, social and
ecumenical.
o providing practical support and care for people in the parish, regardless of background;
and
providing financial support to those in need and other organisations with similar
objectives.
What we planned to do to achieve our charitable objectives
Mindful of the diocesan strategy for 2020-2025 {to be 'more open, more converted to Jesus
Christ, more generous and more engaged,), we discussed and planned a vision day, which was
held on the 2. March 2024. The three most prominent themes emerging from our vision
exercise were worship, discipleship and outreach.
A vision statement emerged. Here it is:
At Barcombe Church we are prayingthat we wouldgrowin three areas over the next five
years.. our worship. discipleship and outreach.
Worship..
We want to cultivate a rich worshipping life that draws people deeper into the presence of
the living God. We are praying to..
grow our church family 50% over five years, and doubling the number of under-18s,"
develop our worshipping life through nurturing new musicians and other leaders,.
and
upgrade ourA Vsystem.
Discipleshlp
We want to be people increasingly transformed by Christ. reflected in..
increasedprayerfulness and more opportunities for corporate prayer,"
revitalising and doubling the number of growth groups (including a new discipleship
group for teenagers),.
greeningourchurch buildings and rnakingproductive use of the church field,. and
Page I

ST MARY'S AND ST FRANCIS PCC ANNUAL REPORT 2024 ,
regular church events (hikes. BBQS, harvestsuppers etc.)
Outreach
We long to see the Holy Spirit bringing people to f81th in Christ through."
reviewing the welcome we offer."
the launch of a newservice in the heart of the village,.
redevelopment of St Francis as a centre for outreach,"
annual Alpha and other courses,.
growing support ofneighbouringparishes and world mission.
And in diagram form:
Purpose
Prayez
Growlng In fafth and m¥klngJe8u$ krnvm
Prayer
Dtsc5piashlp
Wo*ahlp
Outroath
. "up8￿18Avw4&I*￿fj
Estabtishgr(h¥th co
ord￿natr￿.
EstabLÉshy(xnh disciploship
. R8vl•wwoicomg
AnnualAlpha courses ,*
Launth ne•1 89rvic8 in viLLag8
Scope plArn to rndvrfelop St
Franc1&
CA)nwd8f opiior• togrnw
workwith
eidwiyldwngkxlaldgbt .
couns6ll1￿.
rnUBiC?on8
Dvéelop plar* ¢l￿re
Dwglop￿DuaLplanOf
Ljrth ev8nt&
These activities comply with the Charity Commission's guidance on public benefit and the
specific guidance on 'charities for the advancement of religion, The PCC has also complied with
the requirements of section 5 of the Safeguarding and Clergy Discipline Measure 2016.1
How we got on
Worship
The church continues to welcome a wide
range of people (parishioners and those
from further afield) to its services.
Voluntary attendance to worship Jesus
Christ in this way is a major demonstration
of the public benefit of our activities. As well as those at the parish church, St Mary's, service5
are held at St Francis, giving the church a presence in the heart of the village.
"Walking on the Greenwich Meridian trail
A beautiful and quiet place. Thanks for
your hospitality." St Mary's visitors, book
The average regular weekly attendance (October 2024) was 59 adults and 16 young people.
School Harvest attracted 130 young people and 130 adults. Our regular Sunday morning
children's work is conducted in two groups split by age.
This duty require5 the incurnbent and PCC (among other relevant persons) to have due regard to the House of Bishops,
guidance on safeguarding children and vulnerable adults.
Page 2

ST MARY'S AND ST FRANCIS PCC ANNUAL REPORT 2024
Our Christmas services were well attended with 164 adults and 11 children attending the two
Christmas Day Communion services as well as 140 young people and 120 adults for School
Carols and 185 of all ages at the popular Christingle Service.
Teaching, baptising and nurturing new and existing believers
We conducted just one baptism in 2024 and two weddings. Sadly the number of funerals and
committals was up- eight funerals and two committals, ten in all. If this was the whole story we
might feel rather gloomy, but one of the joys of the past year has been seeing new faces
regularly at church, and those on the fringes become more involved. We are confident that God
is at work and that the church in Barcombe has a bright future.
During Lent we ran a discipleship course attended by some 20 people. Three growth groups for
bible study, fellowship and prayer continue to meet. Around 30 people are linked to these
groups and we plan to Start a new group in 2025.
This year our teaching programme has followed the lectionary during seasonal time (Advent,
Epiphany, Lent, Easter). The rest of the year saw u5 finish a series in looking at Isaiah chapters
40-55, before beginning a new series in St Paul's first letter to the Corinthians. We hope to
finish that during 2025. Our weekly prayer meeting by Zoom has continued uninterrupted. And
we began a new monthly prayer meeting- First Priority- to pray for the church, community
and nation, and the wider world. We consider prayer to be the lifeblood of all that we do.
Pastoral care and other assistance
Representatives from the church visit the housebound, lonely and otherwise in need. The
church also holds a relief fund for parishioners in crisis (see Financial Review below).
Our churches and churchyards continue to be appreciated by many as a place where life events
are celebrated with joy and thanksgiving. We prioritise keeping St Mary's and St Francis open
during the daytime, something that is becoming rare in Sussex. This involves a regular team
from the local community in opening and locking up each day. A steady stream of entries in the
visitor book testifies to the appreciation many visitors have of St Mary's and others visit St
Francis for quiet reflection.
We publish the Barcombe News and distribute a monthly copy free to every household in the
parish. Representatives from the church visit the housebound, lonely and otherwise in need.
Building links with the wider community and reaching out to the
unchurched
Church members continue to support around ten local families in the Barcombe Bunnies
playgroup which meets at St Francis. At the other end of the age range, our monthly popular St
Francis community lunches continue to provide for around 30 mostly elderly people.
Page 3

ST MARY'S AND ST FRANCIS PCC ANNUAL REPORT 2024 ',,
We were pleased to be involved in the launch of a monthly Community Cafe in the village, part
of an exciting new partnership between the Church and the school PTA. Cake and refreshments
are provided free of charge to 30-40 people of all ages.
In February and March this year we ran 3 3-2-1 enquirers. course for 7 people la mix of church
and non-church).
Barcombe Cross Youth continues to thrive. offering fun activities for local young people whilst
also introducing them to the good news of Jesus Christ. We regularly have 20 10-14s attending,
of whom two thirds have no other connection to
the church. In the Autumn we ran a youth Alpha
course for around 8 young people.
"So peaceful and beautiful. Thank
you for being open."
In Decemberthe Church organised a warmly
received Nativity trail attended by around 150
people, with over 100 continuing to the Royal Oak for a rousing performance
of Carols in the Pub.
Supporting staff and governors in promoting the Christian distinctiveness of
Barcombe school
The Rector continues to take a weekly assembly at Barcombe school and teach an RE lesson for
each class once per term. He also serves as a foundation governor for the Skylark Federation lof
which Barcombe is a member). In this capacity he has assisted at OFSTED inspections at Hamsey
and Iford and Kingston schools.
It has been a joy to welcome the school community to St Marfs for harvest, Christmas and
Easter services.
Giving grants to organisations with similar aims
We support a variety of charities and organisations in line with our aims through grants totalling
over £7,400.
Maintaining church property
Well-maintained buildings enable us to welcome a variety of village and outside groups to St
Mary's, the Conker Room and St Francis. These include Laughton Village Choir, Barcombe
Bunnies, The Diocese of Chichester, Barcombe Good Neighbours, nearby parishes and the
Bevern Trust.
ECO Church
Celebrating God's majesty on earth through our affiliation with A Rocha's Eco Church
programme has resulted in our first Ecochurch Award during 2024. There is much still to be
done a5 we continue to strive to preserve and protect God's rich kingdom as we seek new
solution5 on the path to net zero.
Page 4

ST MARY'S AND ST FRANCIS PCC ANNUAL REPORT 2024
In 2025 we will continue to develop our plans to reduce our church buildings, reliance on fossil
fuels. We will also need to consider how best to modernise St Francis to better serve our
outreach in the village.
Financial Review
Overall, the total Income in 2024 was £130,53112023 £145,507) and the total expenditure was
£140,89512023 £146,000), ending with a deficit of £8,955 {2023 £3,838). The total funds for
2024 carried forward are £113,83812023 £122,793} made up of £81,093 General funds, £20,780
Restricted fund5 and £11,965 Endowment funds.
The largest income category in 2024 was Planned Giving totalling £72,775. This compared
favourably with the amount of £71,558 received in 2023.
Three legacies were received in 2024 totalling £18,000 {one in 2023 of £20,000). The amount in
2024 of £18,000 included a legacy of £10,000 given specifically for Youth Work.
The largest single item of expenditure was the Parish Share of £81,444 paid to the Diocese of
Chichester. This was an increase of £2,652 over 2023. It is important to note that once again,
Barcombe paid the full amount of Parish Share that was requested by the Deanery.
The PCC holds the restricted Barcombe Relief Fund and oversees its administration. Income
received in 2024 was £350 and grants paid out amounted to £2,423 in support of four local
families. The balance on the fund was £1,409 at the end of the year.
Reserves Policy
It is PCC policy to seek to maintain a balance of liquid assets on unrestricted funds calculated in
two parts as follows:
Part l. Approximately three months, worth of unrestricted general fund payments as a
contingency against unforeseen situations {£32,000 in 20241 and
Part 2. A provision for the maintenance of the fabric of the church to meet costs arising every
five years following the Church Architect's Quinquennial inspection of the building (estimated at
£5,000 per annum). At the end of 2024 this figure should amount to £25,000 (the actual figure
was £8,367).
The total amount of reserve5 required by the policy is, therefore, £57,000.
The actual total of unrestricted liquid assets held at the year-end was approximately £81,000.
This figure is about £24,000 more than the £57,000 required to support the Reserves Policy.
This sum is likely to be used to towards funding the budgeted deficit for 2025 of £27,690 and
enable the PCC to meet the requested Parish Share for 2025 of £83,892 in full.
It is PCC policyto invest funds balances with the CBF Church of England Investment Fund, the
CBF Church of England Fixed Interest Securities Fund and the CBF Church of England Deposit
Fund.
Page 5

ST MARY'S AND ST FRANCIS PCC ANNUAL REPORT 2024
Administrative information
General
In all we do, we take account of the Charity Commis5ion'5 guidance on public benefit and the
specific guidance on charities forthe advancement of religion. The parish of St Martys and 5t
Francis, Barcombe has two church buildings: St Mar¢s, Church Road and St Francis in the High
Street as well as the church yard at St Bartholomew's. Spithurst. We are in the Diocese of
Chichester within the Church of England.
Structure, governance and management
Parochial Church Council. Church Members are encouraged to stand for election to the
Parochial Church Council (PCCI and we look for a balance of skills and experience. The PCC is
registered with the Charity Commi55ion (No. 11590841 under the Charities Act 2011. Its
governing document is the Parochial Church Councils {Powersl Measure 1956. Membership is
determined under the Church Representation Rules. Membership consists of ex-officio
members- the rector, the churchwardens, the members of the Deanery Synod, and up to nine
members of the church who are elected at the Annual Parochial Church Meeting IAPCM). The
PCC may co-opt up to two more members. The PCC is responsible for the overall wellbeing,
practical as well as spiritual, of the church, the church members, and the church buildings. The
PCC also has a duty to promote the mission of the church within the wider community.
Membership. During the year, the following served as members of the Parochial Church
Council:
Ex officio members
Incumbent:
The Re¢d Sam Carter, Chair
Wardens:
Mr Nicholas Lear {elected May 2024}
Mrs Rosemary Milmine {re-elected May 2024)
Mr lan Pounce (retired May 2024)
Deanery Synod representatives:
Mrs Angela Carter (due to retire 2026}
Mr Jonathan Leeson (due to retire 2026)
Elected and co-opted members
Mr Alan Cannings {passed away April 20241
Mr Ebenezer Cottingham (due to retire 2026)
Mrs Bridget Cross (retired May 20241
Mr Andrew Lamont, Hon Treasurer {co-opted Jul 20241
Mrs Wendy Lamont (due to retire 20261
Page 6

ST MARY'S AND ST FRANCIS PCC ANNUAL REPORT 2024 .
Mrs Charlotte Mltchell (due to retire 2026)
Mr Stephen Pigott {due to retire 2025)
Mrs Heather Shepheard (due to retire 20251
Mrs Millie Sherman (due to retire 2026)
Mr David Yair (due to retire 20261
What is it for? The PCC is responsible for a wide range of matters affecting the Parish Church,
including compliance with health and safety and disability legislation and child protection. In
our capacity as trustees, members of the PCC are responsible for the stewardship of funds and
for the appropriate accounting and reporting of the parish finances. The PCC works to ensure
that each member is equipped to fulfil the role.
New members. New members of the PCC are quickly included and fully involved with their roles
and responsibilities at the first PCC meeting after their election or co-option. The PCC secretary
and Honorary Treasurer are eletted at the first meeting after the Annual Parochial Church
Meeting.
Education for members. The PCC secretary, the Treasurer and the Churchwardens all attend
courses run by the diocese on their particular work and courses are also available to members
generally. Regular mailings from the diocese keep the officer5 UP to date with changes in church
regulations and financial procedures and these are reported to the whole PCC as appropriate.
Safeguarding. Mrs Mim Austin served as Safeguarding Officer during the year. With the Rector,
she was responsible for ensuring that Disclosure and Barring Service (DBSI checks were carried
out on all those who work with children and vulnerable adults in the church. The PCC has
adopted the Diocesan Policy which is available from the church website, or a hard copy can be
found in both St Francis and St Marfs, along with a policy statement on the protection of
children and vulnerable adults. Members of the PCC have done online training {CO or above).
We have been certified under the diocesan Simple Quality Proterts scheme.
Accountant. The PCC has appointed Mr Stephen Brentnall as its accountant. The PCC thanks the
honorary treasurer Andrew Lamont for his endless assistance with the church finances
throughout 2024 and Ben Williams-Thomas for his assistance with gift aid.
Committees. Committees report to the PCC and are responsible for specific areas of the
church's activities:
The Standing Committee has the power to transact the business of the PCC between its
meetings, subject to any direction given by the full PCC.
•5 The Buildings Committee deals with the fabric of St Mary's and St Franci5.
Page 7

ST MARY'S AND ST FRANCIS PCC ANNUAL REPORT 2024
••• The Mission Action Commlttee oversees the giving of a tithe of the income to various
charities and keeps the congregation informed of the activities of these charities through
guest speaker5, prayers and information.
•é The Youth Committee oversees the youth work of the Church
The St Bartholome￿s committee looks after the churchyard at Spithurst.
Risk Assessment
The major risks to which the council has been exposed have been identified by a risk analysis
exercise carried out by PCC members. The risks have been reviewed and systems and
procedures have been established to manage the risks.
Approved by The Parochial Church Council on 10th March 2025 and signed on its behalf
by Re¢d Sam Carter, Chairman.
Date:
Page 8

## **THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARY AND ST FRANCIS, BARCOMBE** 

## **INDEPENDENT EXAMINER’S REPORT ON THE ACCOUNTS FOR THE YEAR ENDED 31ST DECEMBER 2024** 

Report to the trustees/ members of The Parochial Church Council of the Ecclesiastical Parish of St Mary and St Francis, Barcombe on the accounts for the year ended 31st December 2024. 

## **Respective responsibilities of trustees and examiner** 

As the charity’s Trustees of The Parochial Church Council of the Ecclesiastical Parish of St Mary and St Francis, Barcombe, you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act’). 

## **Basis of independent examiner’s statement** 

Having satisfied myself that the accounts of The Parochial Church Council of the Ecclesiastical Parish of St Mary and St Francis, Barcombe are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act. 

## **Independent examiner's statement** 

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe: 

1. accounting records were not kept in respect of The Parochial Church Council of the Ecclesiastical Parish of St Mary and St Francis, Barcombe as required by section 386 of the 2006 Act; or 

2. the accounts do not accord with those records; or 

3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a ‘true and fair view' which is not a matter considered as part of an independent examination; or 

4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities. 

Signed: 

> Date: 15.4.25 

Kim Gomes FCIE MAAT Independent Examiners Ltd Unit 2 The Broadridge Business Centre Delling Lane Bosham PO18 8NF 

Page 9 



BARCOMBE PAROCHIAL CHURCH COUNCIL (PCQ
STATEMEIYT OF FINANCIAL ACTIVITIES
For the Year ended 31st December 2024
Unrestricted
Funds
Restricted
Funds
Endowment TOTAL F
Funds
2024
2023
Note
Income and endowments from:
Donations and legacies
Charitable activities
Other trading activities
Investments
2(a)
2(b)
2(c)
2(d)
98,693
5,025
8.175
3.487
14.831
113,524 131,074
5,025
5,225
8,175
6,668
3,807
2,540
320
TOTAL INCOME
115.380
14,831
320
130,531 145,507
Expenditure on:
Raising funds
Charitable activities
3(a)
3(b)
134.657
5,918
320
140,895 146,000
TOTAL EXPENDITURE
134,657
5,918
320
140,895 146,000
Net gainsl(losses) on investments
1.127
282
1,409
4,331
NET INCOMEI(EXPENDITURE)
(18.150)
8.913
282
(8,955)
3,838
Transfers between funds
NET MOVEMENT IN FUNDS
(18,150)
8.913
282
(8,955)
3.838
Reconciliation of Funds
Fund Balances brought fonvard
at 1st January 2024
99,243
11.867
11.683
122,793 118,955
BALANCES CARRIED FORWARD
AT 31st DF.CEMBER 2024
81.093
20.780
11.965
E13,838 122,793
Page 10

BARCOMBE PAROCHIAL CHURCH COUNCIL (PCC)
BALANCE SHEET AS AT 31st DECEMBER 2024
2024
2023
Note
FIXED ASSETS
Investment assets
57.907
56,498
CURRENT ASSETS
Debtors
Short tenn deposits
Cash at bank and in hand
3.183
47.564
10,705
61.452
3,315
49,704
18,702
71.721
LIABJLITIES . Amouwfs FALLING
DUE WITHIN ONE YEAR
5,521
5,426
NET CURRENT ASSETS
55,931
66,295
TOTAL ASSETS LESS CURRENf LIABILITIES
113.838
122,793
NET ASSETS
113,838
122,793
FUNDS
Unrestricted
Restricted
Endowment
81.093
20,780
11,965
99,243
11,867
11,683
io
113,838
122,793
Approved by the Parochial Church Council on 10th March 2025 and signed on its behalf by :_
(Chaimian)
(Treasurer)
The notes on pages 12 to 17 forni part of these accounts.
Pagell

BARCOMBE PAROCHIAL CHURCH COUNCIL (PCC)
NOTES TO THE FINANCIAL STATEMENrs
For the Year eDded 31st December 2024
ACCOUNTING POLICIES
l(a)
Basis of Preparation
The PCC is a public benefit entity within the meaning of FRSI 02. The financial statements have been prepared under
the Charities Act 201 l and the Church Accounting Regulations 2006, in accordance with applicable accounting
standards and the ¢urr¢nt (2019) Statement of Recommended Practice, Accounting and Reporting by Charitie5,
(SORP (FRS 102)}
The financial statements have been prepared under the historical c05t convention as modified by the inclusion of
investments at market value. The financial statements includ¢ all the transactions. assets and liabilitie5 for which the
PCC is responsible in law. They do not include the accounts of church groups that owe their affiliation
to another body, nor those which are informal gatherings of church melnbers.
l(b)
Funds
Funds held by the PCC are :_
Unreslrictedfynds
general funds that can be used for PCC ordinary purposes.
Designatedfyn
monies set aside by the PCC out of unrestricted funds for specific future purposes or projects.
Reslrictedfvnds
(a) income from trusts or endowments that may be expended only on those restricted objects
provided in the terms of the trust or bequesL and (b) donations or grants received for a
specific object or invited by the PCC for a specific object. The funds may only be expended
on the specific object for which they were given. AT]y balance remaining unspent at the end
of each year must be carried forward &s a balance on that fvnd. The PCC does not usually
invest separately for each fund.
Endowmentfvnds
funds the capital of vA]ich must be maintained. only income arising from investment of the
endowment may be used either as restricted or unrestricted funds depending upon the
purpose for which the endowment was established. The PCC may have the power to convert
certain endowment funds into expendable income. such funds are known as expendable
endowments.
l(c)
Ineome and Endowments
All income and endowments. accounted for without deduction for any costs of receivability, are recognised when
there is evidence of entitl¢menl receipt is probable. and the amount can be me&sured reliably.
l(d)
Donations and Legacies
CollectiOPLS are recognised when received.
Planned giving receivable is recognised when there is evidence of entitlemenL receipt is probable, and the amount
accords with the Gift Aid declaration or other record of intention to donate.
Gift aid recovered T5 recognised when the income to which it is attached is recognised.
Graplts and legacias are recognised when the fornial offer in writing of the funding, is received by the PCC.
l(e)
Charitable ActÉvilies. Trading Aetivitie5 and all Other Income
Statuloryfees for weddings and funerals are recognised when the o￿lCe occurs.
Trading activili&s are where income is receivable in return for selling good5 or providing services and is recognised
when rec¢ived.
i(fj
Investment Income
Dividends are accounted for when due and payable. Interest entitlements are accounted for as they accNe.
l(g)
Gains and Losses on Investments
Realised gains are recognised when the investments are sold.
Unrealised gains and losses are accounted for on revaluatTon at 31 st December.
Page 12

BARCOMBE PAROCIIIAL CHURCH COUNCIL IPCQ
NOTES TO THE FINANCIAL STATEMENTS (eontinued)
For the Year ended 31st December 2024
l(h)
Expenditure
Expenditure is recognised when there is evidence of entitlem¢nL payment is probable, and the amount can be
measured reliably.
l(1)
Grants
Grants and donations are accounted for when paid over, or when awarded where the award creates a binding
obligation on the PCC.
i(i)
Charitable Activities
Th¢ diocesan parish contribution is accounted for on an annual basis, reflecting the allocation set by our Deanery.
Any parish contribution unpaid at 3 1st December is provided for in these accounts as an operational
(though not a legal) liability and is shown as a creditor in the balance sheet.
l(k)
Fixed Assets
TangibIef￿ed assets.
Consecrated and benefi¢ed property of any kind is excluded from the accounts by s.l 0(2) of the Charities
Act 201 l. Movable church furnishings held by the Rector and Churchwardens on special trust for the PCC,
and which require a faculty for disposal. are accounted for as inalienable property unless consecrated. They are
listed in the church's inventory which can be inspected but are not included in the financial statements.
For inalienable property acquired prior to 2000, there is insutTicient cost infonnation available and therefore such
assets are not valued in the financial statements. Individual items acquired since 1st January 2000 have been
capitalised in the financial statements and depreciated over their useful economic life.
All expenditure incurred in the year on consecrated or beneficed buildings, individual items Costing under £5,000 or
on the repair of movable church fvrnishings acquired before 1st January 2000 is written off.
Investments .
Investments are valued at market value at 31 st December.
INCOME AND ENDOWMENTS
Unrestricted Restricted Endowment TOTAL
Funds
Funds
Funds
2024
FUNDS
2023
2(a)
Donations and legacies
Planned giving
Collections (open plate)
Donations
Gift aid tax claimed
Grants received
Bequests and legacies
72.775
2.353
2261
13.304
72,775
3,457
5,341
13,951
71,558
5,235
17,244
17,037
1.104
3,080
647
8,000
98,693
10,000
14,831
18,000
113.524
20,000
131.074
2(b)
Charitable activities
Parochial Fees income
5.025
5.025
5,025
5,025
5,225
5,225
2(c)
Other trading activities
Fundraising income
Hall income
Parish magazine
Sundry income
751
2.387
5.037
751
2,387
5,037
1,141
1,976
3,551
8,175
8.175
6,668
Page 13

BARCOMBE PAROCHIAL CHURCH COUNCIL (PCC)
NOTES TO THE FINANCIAL STATEMENTS (continued)
For the Year ended 31st Deeember 2024
INCOME AND ENDOWMENTS (continued)
Unrestricted Restricted Endowment TOTAL
Funds
Funds
Funds
2024
FUNDS
2023
2{d)
Investments
Dividends and interest received
3.487
3,487
320
320
3,807
3,807
2,540
2,540
TOTAL INCOMING RESOURCES
115,380
14,831
320
130,531
145,507
3 EXPENDITURE
Unrestricted Restricted Endowment TOTAL
Funds
Funds
Funds
2024
FUNDS
2023
3(a)
Raising ￿ndS
Fundraising costs
3(b)
Charitable activities
Missionary and charitsble giving
Ministry costs .
Diocesan Parish Share
Other ministry costs (see note 4)
Church running expenses
Church Major repairs & fabric costs
Upkeep of services
Youth work, training and mission
Parish magazine
Support Costs
Independent Examiner's fees
Administrative costs
7,434
3,373
10,807
17,385
81,444
6,296
22,083
2,151
2,048
491
4,040
3.897
937
3,836
134,657
81,444
6,296
22,403
2,151
2,048
3,036
4,040
3.897
937
3,836
140,895
78,792
6,199
16,861
10,880
,980
1,944
3,976
3,052
860
4,071
146,000
320
2,545
5,918
320
TOTAL
134,657
5,918
320
140,895
146,000
4 STAFF COSTS
The cost of the PCC'S part-time Cleaner are included in 'Church running expenses, in nole 3(b) above.
2024
2023
Wages and salaries
Social security costs
Employerfs contribution to defined pension scheme
1,872
1,705
,872
1.705
Average number of employees during the year
No employee received employee benefits of more than £60,000.
Page 14

BARCOIKBE PAROCHIAL CHURCH COUNCIL IPCC)
NOTES TO THE FINANCIAL STATEMENTS (continued)
For the Year ended 31st December 2024
INVESTMENT ASSETS
uoted Investments
Market value at I sl January 2024
Disposals during the year
Revaluation gain/{loss)
56.498
1.409
Market value at 3 1st December 2024
57.907
At 31 st December 2024, the market values of individual holdings were as follows :_
CBF Investment Fund
1,796 units
CBF Fixed Interest Securities Fund 10.990 units
41.519
16,388
57,907
6 DEBTORS
2024
2023
Recoverable Gift Aid
Other sundry debtors
2,841
342
3,183
3,315
3,315
LIABILITIES: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024
2023
Creditors for goods and services
Accruals of utility and other costs
Deferred income
3,131
890
1.500
5,521
2,947
840
1,639
5,426
UNRESTRICTED FUNDS
Balance at
1st.
January
Balan¢e at
31st
December
Movements in
Resources
Outgoing
Transfers
Gains I
(Losses)
2024
Incoming
2024
General Fund
Designated Fabric Fund (i)
Mission Action Plan Fund (li)
85.547
11.934
,762
99,243
115,380
131,090
3,567
,127
70,964
8,367
1,762
81,093
115.380
134,657
1,127
(i) The fvnd has been designated by the PCC to finance the cost of mainlenance to the fabric of the church.
(li) The ￿nd has been designated by the PCC to finance expenditure in connection with the PCC'S MAP.
Page 15

BARCOMBE PAROCHIAL CHURCH COUNCIL (PCC)
NOTES TO THE FINANCIAL STATEMENfs (continued)
For the Year ended 31st December 2024
9 RESTRICTED FUNDS
Balance at
1st.
January
2024
Balance at
31st
December
2024
Movements in
Resources
Incoming
Outgoing
Transfers
Gains
Youth Work Fund
Charity Fund
Restricted Gift Fund
Organ FuT]d
Tower Fund
5,038
10,917
949
2.529
376
60
2,545
949
2.424
13,410
4.731
1,800
298
11,867
4,836
2,176
358
20,780
5,918
10 ENDOWMENT FUNDS
Balance at
1st.
January
2024
Balance at
31st
December
2024
Movements in
Resources
Outgoing
Trdnsfers
Gainsl
(Losses)
Incoming
Churchyard Trusts (5 in total)
11,683
320
320
282
11,965
11,683
320
320
282
11,965
There are 5 pernianent endowments that provide income towards the upkeep of graves and the churchyards.
I I ANALYSIS OF NET ASSETS BY FUND
Unrestricted Restricted Endowment
Funds
Funds
Funds
TOTAL
Fixed assets
Current assets
Current liabilities
45.955
39,926
(4.788)
11,952
13
57.907
61,452
(5,521)
21.513
{733)
Fund Balances
81,093
20,780
11,965
113,8J8
Page 16

BIIRCOMBE PAROCHIAL CHURCH COUNCIL (PCC)
NOTES TO THE FINANCIAL STATEMENTS (continued)
For the Year ended 31st December 2024
12 PAYMENTS TO PCC MEMBERS
2024
2023
The PCC supported the clergy by paying:_
The cost of vicarage utilities
Clergy working expenses
4.765
1.307
6,072
4,549
1,647
6,196
2024
2023
Verger's fees were paid to two PCC members in 2023
180
No expenses were reimbursed to PCC member5
There were no payments to oth¢r trustees or persons related to or connected to them other than the
normal reimbursements of payments made to third parties on behalf of the church and payments described
in Not¢ 13 below.
13 RELATED PARTY TRANSACTIOIYS
During the year. the following charitable grants were made that require disclosure as rel*ed paty transactions:.
£826 to Interserve for The Vaughan Family
(2023 = £600)
(Matt Vaughan 15 working in a self-supporting role for Interserve and
the Diocese of Binningham).
Mrs H Shepheard, a trustee. is the aunt of Matt Vaughan.
£826 to The Mission House
(2023 = £500)
(charity registration number 1107874)
MT I Pounce, a trustee until May 2024, is also a trustee of The Mission House.
The total amount of donations funded by PCC members and Telated parties was £30,817 (2023 - £24.071).
Page 17