THE CHURCH OF ENGLAND rvii Diocese Portsmouth St. Mary's Parish Church Hook-with-warsash Annual Report and Financial Statements of the Parochial Church Council for the year ended 31st December 2024 Joint Priests in Charge.. Revd J M Terry & Revd N S Terry Bank.. Barclays Bank plc Leicester LE87 2BB Independent Examiner: Mr N. P. St. John 120 Warsash Road, Warsash, Southampton S0319JA St Mary Hook-wlth-warsash, 109 Church Road, Warsash, Southampton. S0319GF Email: en uirie5K&stma warsash.or .uk Webstte: stmar warsash.or Charity Number: 1162521 Page 1
St. Ma Hook-with-warsash Annual Re ort and Financial Statements of the Parochial Church Council for the Year Ended 31st December 2024 Administrative Inforniation St. Mary's Church is situated in the Parish of Hook-with-warsash. It is part of the DI0Se of Portsmouth within the Church of England. The correspondence address is The Church Offi, 109 Church Road, Warsash, Southampton S0319GF. The Parochial Church Council (PCC) registered as a Charty with the Charity Commission in June 2015. The full name of the Registered Charity is-The Parochial Church Council of the Ecclesiastical Parish of St Mary, Hook-with-warsash". The Charity Registration Number is 1162521. PCC members who have seNed from 1st January 2024 until the date this report was approved are.. Priests in Charge Revd John Michael Terry (Joint): Revd Nicola Susan Tery Licensed Readers: Mrs June R Ward Mrs Eva C Upward Ms Lynn Buckle (to 31st October 20241 Churchwarden: Mr Peter W Upward (to 2 May 20241 Reprosentstives on Daanery Synod.. Mr Robert J Bottomley Mrs Lesley Stevens 2023-2026 2023-2026 Elected Members: Mrs Gemma Winterton 2021-2024 Mr Keith Wright-Green 2021-2024 Mrs Elizabeth A Simpson 2021-2024 Vacancy 2021-2024 Mrs Sally Donlevy 2022-2025 Mrs Penelope Sheppard 2022-2025 (to 10th January 20241 Mr Richard Candlin 2022-2025 (from 3rf Sept 20241 Mrs Lorraine Yeomans 2022-2025 Mrs Sara J Clear 2022-2025 Mr lain K C Wilkie Mr Michael H Dalzell Mrs Molly Howard Mrs Karen Shepperd 2023-2026 2023-2026 2023-2026 2023-2026 st Mary Hook-with-warsash, 109 Church Road, Warsash, Southampton, S0319GF Email- en uiries stma war5ash.or .uk Website: slma Charity Number: 1162521 war5ash.or .uk Page 2
St. Ma Hook-with-warsash ort and Financial Statements of the Parochial Church Council for the Year Ended 31SI December 2024 Annual Re Mr Peter W Upward 2024-2027 Mrs Elizabeth A Simpson 2024-2027 Mrs Gemma Winterton 2024-2027 Mr Paul Smrth 2024-2027 Coopted Member: Mr John Meads 2024-2025 lfrom 12Th November 20241 Aims and Purposes The Parochial Church Council shares with the joint Priests in Charge, the responsibility of agreeing the 'policy' of the congregation by which it is appointed, in order to 'cooperate with the Incumbent in promoting in the ecclesiastical parish the whole mission of the Church. {PCC Measure 1956), pastoral. evangelistic, social and ecumenical. Structure, Governance and Management The method of appointment of PCC members is sel out in the Church Representation Rules. All Church attendees are encouraged to register on the Electoral Roll and stand for election to the PCC. Along with receiving reports on Risk Assessment, the Safeguarding of Children and Vulnerable Adults remains a primary responsibility of the PCC. Safeguarding is a standing item on each PCC Agenda. The Parish Safeguarding Policy was reviewed and reapproved during 2024, and we follow the national and legal framework for safeguarding children and adults, and Church of England policy and practice. Training is arranged from lime to time as necessary by Ms Lynn Buckle who was appointed the Parish Safeguarding Officer in June 2024 taking over from Mrs Gemma Winterton who resigned with effect from 31$1 May 2024. The PCC has complied with the duty under section 5 of the Safeguarding and Clergy Discipline Measure 2016 (duty to have due regard to House of Bishops, guidance on safeguarding children and vulnerable adults). Objective8 and Activities In addition to its aims and purposes as detailed above, the PCC has maintenance responsibilities for the Church, Churchyard and Church Hall along with the responsibilities of managing the finances of the Parish. Church Attendance (+l- difference to 2023) There were 2141-7) parishioners on the Electoral Roll in 2024 compared to 2023. Physical average attendance at Services during October 2024 was 88 which was a reduction on the 2023 average attendance of 100. In addrtion, over three hundred adults and children attended the two School Harvest Services held in Church during the firsl week of October, which if added into our Church attendance figures would have distorted the average figures dramatically. They have therefore been excluded from the calculations and reporting. St Mary Hook-with-warsash, 109 Church Road, Warsash, Southampton, S0319GF Email- en uiries stma warsash.OT .Iik Website: stma whrsash.or .uk Charlty Number: 1162521 Page 3
St. Ma Hook-with-warsash ort and Financial Statements of the Parochial Church Council for the Year Ended 31sI December 2024 Annual Re The following ceremonies were conducted by staff of St. Mary's during 2024.. {2024) (2023) 25 Baptisms & Thanksgivings Weddings & Blessings Funerals, Cremations & Interments 46 (+20) 26 Achievements and Performance The PCC met formally six times during 2024. In addition to the regular PCC Meetings, the Standing Committee met five times during the year lo carry on the business of the PCC under a delegated authority. The PCC also met on two Saturdays during the year to complete the further study of a CPAS Resource on Leadership which had been followed as part of the PCC Meetings in the first half of 2024. The PCC has various sub-committees and working groups which include the Standing Committee,. Pastoral Care,. Children and Families Work.. Communications., Finance., Church Hall., Charitable Giving,. and Forging Links. Recommendations and suggestions from sub- committee meetings are normally made by written or verbal reports and fed back to the main PCC with the aim of freeing up lime to discuss other matters at the full PCC meetings. Members of the PCC are actively encouraged to participate in at least one sub-committee or working group. With the exception of the Standing Committee, participation in sub- committees is also open to members of the congregation who may wish to help in the life of St Mary's further by volunteering their skills. In addition to the sub-committees, the PCC has coordinators for areas such as Stewardship, Safeguarding, and Friends of the Churchyard. During 2024 no Services were live streamed from Church but this is an area which is under consideration. Additional volunteers will be neSSary and the frequency of the commitment to a new rota will have to be discussed along with the necessary additional training. Morning Prayer continues to be held online each week using Zoom, but the participation in this initiative has seen lower numbers than anticipated. In preparation for possible live-streaming. the phone line and internet to the Church Hall was upgraded in October 2024 to a digital Fibre to the Premises line. This now ensures that we have stable and fast connection via the recently added microwave link into Church. Day to day Churchyard Management has continued through the year with the attention of 'The Friends of St. Mary's Churchyard.. The church building which has atways been regarded as generally in good order for a building that is grade two listed, had its most recent Quinquennial Inspection undertaken in May 2021 which highlighted urgent repairs that were necessary to be undertaken by 2026. High level urgent work was undertaken as has been reported in previous Annual Reports for 2022 and 2023. The repairs to re-roof the Choir Vestry and Church toilel which CoMmend in the last quarter of 2023 were completed during the first quarter of 2024. In the third quarter of 2024 an internal St Mary Hook-wlth-warsash, 109 Church Road, Warnosh. Southampton, S0319GF Email= en uiries stma warsash.or .uk Website: strna warsash.or .uk Charity Number: 1162521 Page 4
St. Ma Hook-with-warsash ort and Financial Statements of the Parochial Church Council for the Year Ended 31st December 2024 Annual Re refurbishment of the Church toilet was completed following a generous donation towards the cost of the works. Café Company was held regularly each month in the Church Hall on a Wednesday morning between 10-12noon. selling Teas, Coffee and Cake, and providing a place to meet friends, make new ones, and have a chat over a cuppa. An additional group called Craft Company now also meets each month where local crafters come together in the church Hall. The income and expenditure for the Church Hall is held within the PCC Accounts. It is noted that as in previous years, in 2024 the expenditure on the Church Hall exceeded the income, and the PCC supported the deficit by transferring a further £10k from the unrestricled general fund to the Hall designated account during the year. We continue to operate the Church Hall as a community resource. It is used by a wide range of local groups, including uniformed organisations, recreational users, dance and theatre clubs, as well as by many Church members. Our Priests in Charge took part of their overdue Sabbatical in late 2023 and a further sabbatical period in the first quarter of 2024. We are grateful to all our volunteers who stepped up during these periods to assist our Churchwarden and other members of the PCC in their responsibilities at that time. We are truly grateful to our Churchwarden, Mr Peter Upward who after over a decade of Servi retired from his post in May 2024. He has been our sole Churchwarden for a couple ofyears and he agreed to remain in post for a further period to enable the Vicars to continue their sabbatical in the first quarter of2024. We continue our search for Churchwardens. At the end of October 2024 our longest serving Lay Minister Mrs June Ward retired after 25 years of Service. We thank her for her devotion and Ministry over these many years. During Advent we were truly blessed to be able to celebrate with many well-attended services in the lead up to Christmas,. (Nativity, Carol Service, Nine lessons and Carols and o Crib Services). The two Crib Services held on Christmas Eve were a happy, noisy, but joyous time for our potential young congregation and accompanied by our Christmas Orchestra. Christmas Day was celebrated with Midnight Communion on Christmas Eve, and two Communion Services on Christmas Day. The choir were delighted to be able to perfonn music at the Christmas Services that they had been practising for several weeks. We are grateful to all volunteers who are willing and able to assist in so many ways with the running of St Mary's. We continue to seek further volunteers to help spread the load as we are aware that in common with other churches. we have an ever-aging congregation. The PCC has continued to employ one person part time during the year- a Families Worker running both our Stay and Play and Messy Church congregations under the oversight of our joint Priest in Charge, Revd Nicky-sue Terry. Stay and Play and Messy Church required more helpers to assist in'meet and greet, and refreshments at the various morning St Mary Hook-with-warsash, 109 Chur¢h Road, Warsash. Southampton, S0319GF Email: on uiries warsash.or .uk Website: stma Charity Nufflber: 1162521 warsash.or Page S
St. Ma Hook-with-warsash Annual Re ort and Financial Statements of the Parochial Church Council for the Year Ended 31st December 2024 and afternoon sessions. The PCC agreed to employ a further part-time Families Worker to commence in early 2025 and in future the work of both these children's initiatives will be shared between two people on a part-time basis. The Covenanted Partnership relationship wtth the other three local Churches of the Western Wards continues. Discussions have not progressed as quickly as we had anticipated during the year as the two outstanding appointments had taken longer than anticipated. Although a new Priest in Charge at our neighbouring parish of St Johns Locksheath was installed in the latter part of 2023, in February 2024 a House for Duty Associate Priest was appointed to Titchfield, but the installation of a new Priest in Charge in Sarisbury Green did not take place until Novembef 2024. We look forward to continued discussions and further local inrtiatives in 2025. Financial Review In 2024 we planned for a deficit of income over expenditure to allow additional mainlenance to be undertaken in the Church and Hall. At the end of the year the final deficit was £6.Ok which was £23k less than the originally budgeted deficit of £29.1 k. This was due to income received of £16.5k above budget and a saving on expenditure of £6.5k. It is likely that the maintenance expenditure not incurred in 2024 will be carried forward to 2025. Parish Share was paid in full at £6.7k each month. and 13 charitable donations totalling £6,312 were made during 2024 (see note 4 on page 16). It is noted that our Parish Share is to increase by 50/0 in 2025 to £84.9k and we understand that it is likely to increase by the same percentage in each of the nexl three years. Our Planned Giving in 2024 was 3 % lower than in 2023, although 150/0 ahead of five years ago. This does give us a cause for concern in view of other cost of living increases. Increasingly we are reliant on additional fundraising measures to supplement our income. The number of online and card transactions increased substantially during the year compared to previous years. A new card reader installed next to Ihe main entrance in Church in the run up to Christmas 2023 has continued to receive donations during the week and not just at regular service times. The regular planned giving is an area which is important. Diocesan Fees have been paid as required in 2024, and at the end of the year no monies were held on behalf of any third parties. The 30-year-old gas meter in the Church Hall was finally replaced with a smart meter in August 2024, but this has highlighted a legacy cross-metering issue which was caused by British Gas many years ago. As a result, we are yet to be correctly invoiced for gas used in Church since August 2024 which we estimate to be in the region of £1.2k. When the correct billing is received, the payment will be made. The PCC is responsible for the day to day running of the Church Hall. Hall income reduced by around 150/0 in 2024, and as expected utilty bills were slightly higher than in 2023. Additional maintenance was undertaken in the hall, which resulted in greater expenditure on the hall than the hire income received. The church hall deficit in 2024 was £8.7k. The St Mary Hook-wtth-warsash, 109 Church Road, Wars•sh. Southampton, S0319GF Email.. en uirses stlna warsash.or .uk Website: stma Charity NUmr. 1162521 warsash.or .uk Page 6
St. Ma Hook-with-warsash Annual Re ort and Financial Statements of the Parochial Church Council for the Year Ended 31st December 2024 PCC continues to support the Church Hall financially as a community resource and it was necessary to transfer a further £10k from the unrestricted general fund to the Hall Designated Fund during the year to show continued support. It is likely that further such support will be necessary in 2025 and beyond. Reserve8 Policy At 31st December 2024 the PCC had 859 shares in the Church of England Investment Fund which had a market value on 31$1 December 2024 of £19,862.40 and cash on deposit with the Church of England Deposit Fund of £12,493.70 which together totalled £32,356.10. At the PCC Meeting on 12th November 2024 the PCC reconfirmed its decision made earlier in the year to reinvest all future dividend income and interest from both these accounts into the Church of England Deposit Fund to continue to build up the level of our cash reserves. In addition the PCC agreed to always hold a minimum balance in the Barclays current account equivalent to three months, anticipated expenditure. Related Parties Donations were received during the year from related parties {PCC Members} totalling £16,732.69. One PCC Member was employed part-time during the year as a Families Worker running the Stay and Play and Messy Church congregations. Total pay reiVed during 2024 including holiday pay was £2,536.90. Funds held as custodian trustees on behalf of others At 31st December 2024 the PCC held no funds on behalf of others. Michael Dalzell, Hon PCC Secretary lain Wilkig, Hon PCC Treasurer Dated 1•t March 2025 Dated 1st March 2025 St Mary Hook-wlth-warsash. 109 Church Road, Warsash, Southampton, S0319GF Email.. en uiries waTs2sh.or .uk Website- stma warsash.OT Charlty Number: 1162S21 Page 7
St. Ma Hook-with-warsash Annual Ra ort and Financial Statements of the Parochial Church Council for the Year Ended 31st December 2024 CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Section A Independent Examinerfs Report Report to the trustee | THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL members of | PARISH OF ST MARY, HOOK-WITH-WARSASH On accounts for the year 31" December 2024 ended Charlty no 11162521 (If anyl | sot out on pages 10- 17 I report to the trustees on my examination of the accounls of the above charity I'lhe Trust.) for the year ended 31$1 Dember 2024. As the charity trustees of the Trusl. you are responsible for the preparation of the a¢counts in accordance with the requirements of the Charities Act 2011 Responslbilitieg and I'lhe Act.). basis of report The charity trustees consider that an audrt is not required for this year under section 144121 of the Charities Act 2011 {the 2011 Act) and that an independent examination is needed. I report in respect of my examination of the Trust's accounts carried out under section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charity Commission undèr section 14515){b) of the Act. St Mary Hook-with-warsash, 109 Church Road, Warsash, Southampton, S0319GF Emall: en uiries stma warsash.or .uk Website: stma warsash.or Charlty Number: 1162521 Page 8
St. Ma Hook-with-warsash ort and Financial Statements of the Parochial Church Council for the Year Ended 31st December 2024 Annual Re I have compleled my examination which was carried out in accordance with the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual Items or disclosures in the a¢¢ounts and seeking explanations from you as trustees concerning such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as lo whether the accounts represent a true and fair Vie,, and the report is limited to those matters $8t out in the statement below. Independent examiner's statement In connection with my examination, no matter has come to my attention.. 1) 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 2011 Act. and to prepare accounts which accord with Ihe accounting records and comply with the accounting requirements of the 2011 Act have not been met.. or 2) to which, in my opinion. attention should be drawn in order lo enable a proper understanding of the accounts to be reached Date: Slgnod: Name & Address: N. P. Sl. John, 120. Warsash Road, Warsash, Southampton, S0319JA Relevant professional qualification{s) or body I Ilf any): FCCA St Mary Hook-with-warnash, 109 Church Road, Warsash, Southampton, S0319GF Emall: en uiries strna warsash.or .uk Website- stma warsash.or Charity Number: 1162521 Page 9
St. Ma Hook-with-warsash Annual Re ort and Financial Statements of the Parochial Church Council for the Year Ended 31st December 2024 St•t•m•nt of FIn•Ill ActhW•¥ Forth• p•rfod from 01 Jnuary 2024 to 31 D•e•mb•r 2024 ry1rTh• ÉiWJJ15• E11J711S £Il•MIJ• £17Xl42 £1751141 £ib5{Q (1NF (7323 1817JO ¢hnfbl•ALtra £1417M•I EI•>.24OJ4 È21?lJJ LJIAISJI 43Dlii JJ t4114) ¢1 ¢•J12 414J¥41 Ir0 (•414141 EI77.•1031 £FOnT414 cosaoJLo (4M• t5000Q QF451 ¢P2•>¥ £475FI ¢pA•J31 t•bi5 ¢'.WUO IITT,•tO.J7 St Mary Hook-with-warsash, 109 Church Road, Warsash. Southampton, S0319GF Email: en uiries stma war5ash.or .uk Wobsito: stm3 wars3sh.or .uk Charity Number: 1162521 Page 10
St. Ma Hook-with-warsash Annual Re ort and Financial Statements of the Parochial Church Council for the Year Ended 31st December 2024 Balance Sheet{Summary) ABat 31112Q024 3111212023 xed a88•t8 Tangible Assats In¥p8trnents £172,816 91 £1986240 £172,816.91 £19.41795 £191IX86 £1V2.079.31 Curr•nt••••ts Instrnents H8nd t12.493.70 £67 18244 t19.676.14 £11.346.69 £75.323 32 £96.8701 Liibilrti•s Creditors". knounts Falling Due In Y¢or £944 50 Nwt ¢urr•nt ••••ts kn•• ¢urr•nt bIll# £T9.676.14 472&51 Tot•1 a•8•t• l••• ¢Uff•nt Il•llltl•• LIHbilltl• £277,980.37 Total n•t ••••t• l••• li•blllii•• R•pr•s•ntod Unr••trkt•d £2n,365.4S £277,980.37 Unre$tri¢ted- G•ner•l Fund4 £70.074 14 £85.003.80 De•bgnat•d Oesignated- Pdi0 M$u81 Sy4m D8signad- Church Fabric and Repairi D?$19n•tsd. Church Fl¢w•rs 0•si9n8ted- Churth Ho112021 onwarf• Designated- thjsic D8$ignated- Re¥Yluabon rg99Th•$ Oe$i9nat•d. Discreonry Fund £1 S.000 00 £205 85 £181.99 £4.050 55 £1.199.27 £2,761.94 £1.227.01 £4,466 88 £500 00 £500.00 R•stri¢bd- Msual R85tricted- Churth Fabric •nd Rep•irs R•$trictsd- Church Flowers Restrictsd- Church Hall 8uildin9 Restricted- EOST Cafe Company Restrictsd- Tesco Communityfyant E274 51 £7.263 36 £87S 71 £172.816.91 £95.15 £9,546.16 £220.51 £172,816.91 £235.17 £1,000.00 £277,960.37 Fund Totsll St Mary Hook-with-warsash, 109 Church Road, Warsash, Southampton, 50319GF Ernail: en uiries slma warsash.or .uk Website: 5tma warsash.or .uk Charity Number: 1162521 Page 11
St. Ma Hook-with-warsash ort and Financial Statements of the Parochial Church Council for the Year Ended 31st December 2024 Annual Re $41gci•dp•rkn1.. 01 202410 31 Dtt4nw2024 To G•n•rnl R•itrktsd Th Incornlng reAource• £01$1074 Éto 10307 OIOI¢IO.tsRA4. En t17 1 £1.44125 £t•.002 13 .ODDiYJ É7YS5J4 El.411 65 01020fth_ oopoo £I.tMM95 17JSSY $1 119JO £1 21411 E1 leD91 OIDI003- É07J4 1• £124411 .70205 iJzoJi £J71 J6 02)3W7C.&JmVP 29045 Eg.00017 E7757 >3 ¢1J21¥ 12J•i QI 2DJfr)7A.FITiml 020$807e.eii)fvw•l DIOSWFD. £Fffj2ODt DJoiaoD. ÉsJ• £oa• In¢omlfj4 r•wurr••trcm g•n•r•t•dfiJnllB701• t11.•7Z40 È171.10•. 114Ql 57 14SJ$28 El.J¥ 12401$7 £4SJ$2ts t439SJ eioo¢¢ D4Q4Ug1 DI040Q2. tI4uLJ• Olh•r Ine4)rfn• r1¢ ¢i•sr• £18SL E11J £1[ Inllcffjlnll St Mary Hook-wFth-Warsash. 109 Church Road, Warsash, Southampton, S0319GF Email: en uiries warsash.or .uk Website: stmar Charity Nurnbor: 1162521 warsash.or Page 12
St. Ma Hook-with-warsash ort and Financial Ststements of the Parochial Church Council for the Year Ended 31S1 Oecember 2024 Annual Re AMty• olhKoffle •xyndWJJ 8•ctsd pud.. 01 January 1024to 31 December 2024 Tot1 R••trkL¥d Thl ReJourc•$ u¥•d Éi N7%d el.047 É1.127.10 lQQ'O?U El JJ7oa Il JJ7 £2500.00 050 È10ts200 laQ3DOD- Horn•rniiiKn 1004004. &•¢ul•rths 2001D10. t22$00D fl.35OQQ É70.40EO 2QSOaO JI2000 ?ao4uoD- 2UQJU1D.Chut¢h SOJ14 Eaoj 24 £•504• te21 00 2a06DOD.ChrCkn miinnvK• 2016001. ¢1•1 91 £199 £XiDU. E37 71 £ribS 17 UT74 3a•Foao. UoX•ipat••r•r 3llQODaD- 1915 1?. 2009004. ir4booil iwi• 2g19oa>- ¢4 Tio¢o- E17100¢ t1 TO £M•tsp t4•71e•) t4511)1 .17•M UIFpeo 2410¢21.Will RyTrfflin9Co•ts.¢d•wMfig 20'00>1.HIY ¢l.IWJZ 14JSOO t>SMg tgPI 2 tlJ4643b t4351b) EItstr) 79 70t7ao3 zia•i•.00 ti¢4Ti.iJ È14J•2.n ¢107.1•1.Y ul•d 4MO01-•Jmifti••lObl J)• Ee4DJ.al E9UQUQ l>h•ttV)Urtu¢J Tot•l• •*U#d Qrind loLIl• St Mary Hook-with-Warsa¥h, 109 Church Road, Warsash, Southampton. S0319GF Email.. en uiries stma warsash.or .uk Website: stma warsash.or .uk Charity Number: 1162521 Page13
St. Ma Hook-with-warsash Annual Re ort and Financial Statements of the Parochial Church Council for the Year Ended 31st December 2024 Fund rno¥•rnent summary S•l•¢tsd p•rtod". 01 J•ttu•ry 2024 to 31 D•¢•Mb•r 2024 LM•* ¢1$7JUJ• JtsJ• 4J•M•4F. ci441• FJ4 UJ11 E4.0101 iiJ¥ 4T Tui tIJM 111.zll 11 L17l.Jla.41 St Mary Hook-with-warsash, 109 Church Road, Warsash. Southampton, S0319GF Email: en uiries warsash.or .uk Website". slma Chafity Number: 1162521 warsash.or .uk Page 14
St. Ma Hook-with-warsash Annual Re ort and Financial Statements of the Parochial Church Council for the Year Ended 315t December 2024 1) Accounting Policies. The financial statements of the Parochial Church Council (PCC) have been prepared in accordance with the Charities Act 2011 using the receipts and payments accounting method and the current Statement of Recommended Practi. Accounting and Reporting by Charities and applicable accounting standard FRS102. The PCC have also complied with their duty to have due regard to the guidance on public benefit published by the Charity Commission in exercising their powers or duties. The accounts include monetary transactions. assets and liabilities for which the PCC is responsible in law. They do not include the accounts for other Church groups that owe their main affiliation to another body, nor those that are informal gatherings of church members. Fund Accounting Restricted Funds are funds where revenue donations made or grants are received for a specific PCC activity intended by the donor. Unrestricted funds represent the funds of the PCC that are not subject to any special restrictions regarding their use and are available for application to the general purposes of the pcc. Designated Funds are general funds set aside by the PCC for use in the future. Designated funds remain unrestricled, and the PCC may move any surplus to other general funds from time to time. These include funds designed for a particular purpose by the PCC such as the Church Hall. Endowrnent Funds are restricted funds that must be retained as trust capital either permanently or subject to a discretionary power to spend capital as income. and where the use of any income or other benefit derived from the capital may be restricted or unrestricted. None are held currently. 2) Incoming resources Planned giving, collections and similar donations are recognised when received. Tax refunds are recognised when Ihey are received. Grants and legacies are accounted for when the PCC is entitled to and has the use of the resources. Dividends are accounted for when declared receivable, interest as and when received. 31 Resourc•3 expended Grants and donations are accounted for when paid over. The diocesan parish share ask is accounted for when paid. All other expenditure is generally recognised when it is incurred and is accounted for gross. St Ilary Hook-with-warnash, 109 Church Road, Warsash, Southampton, S0319GF Email: uiries stma wars3sh.or .uk Website- stmar Charity Number. 1162521 warsash.or Page 15
St. Ma Hook-with-warsash Annual Re ort and Financial Statements of the Parochial Church Council for the Year Ended 3151 December 2024 4) Analysis of Expenditure including Support Costs (Charitable Donations) The PCC makes Charrtable Donations each month. In 2024 the total donated was... Hampshire and the Islands Historic Churches Trust £ 25.00 World Vision (monthly} £ 312.00 Rowans Hospice £ 500.00 Age UK £ 500.00 Music Fusion £ 500.00 Wetwheels £ 500.00 Christian Aid UK £ 500.00 Mercy Ships £ 500.00 Mission to Seafarers £ 500.00 Warsash Victory Hall £ 50.00 Mary's Meals £ 500.00 Hampshire Search & Rescue £ 500.00 Shelter Box £ 500.00 The Poppy Appeal £ 500.00 Childline £ 500.00 Total £6,387.00 S) Fixed Assets Consecrated property is not included in the accounts in accordance with s.1012)(a) and (c) of the Charities Act 2011 Moveable church furnishings held by the vicar and churchwardens on special trust for the PCC and which require a faculty for disposal are inalienable propety. listed in the Church's inventory, which can be inspected (at any reasonable time). Land and buildings held on behalf of the PCC comprise the Church Hall which appears at historical cost. The Church Hall building is not depreciated as it is considered that the current value far exceeds the original cost. The fixed assets investments comprise 859 shares in the Church of England Investrnent Fund which had a market value on 3151 December 2024 of £19,862.40. 6) Current Assets Investments is cash on short term deposit wrth the Church of England Deposit Fund. This is a base rate tracker. 7) Stsff Costs The PCC employs one member of staff, part-time during term time. Total pay including any applicable holiday pay was'.- 2024 £2,536.90 2023 £2,694.45 St Mary Hook-wlth-warnash. 109 Church Road, Warsash, Southampton, S0319GF Email: en uiries stma warsash.or .uk Website: stma warsash.or -uk Charity Number: 1162521 Page 16
St. Ma Hook-with-warsash ort and Financial Statements of the Parochial Church Council for the Year Ended 318t December 2024 Annual Re 81 Related Party Transaction8 Donations were received during the year from related parties (PCC Members) totalling £16,732.69. One PCC Member is employed part-time as a Families Worker during term time only (see note 7) 9) Funds held a8 Custodian trustees on behalf of others At 31st Dember 2024 the PCC held no funds on behalf of others. St Mary Hook-with-warsash. 109 Church Road, Warsash. Southampton, S0319GF Email- en uiries stma wars3sh.or .uk Website: stma Charity Number. 1162521 warsash.or .uk Page 17