2024-12-31-accounts - The Parochial Church Council Of The Ecclesiastical Parish Of St Mary's Church, Byfleet

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St Mary’s Church, Byfleet

Meeting of Parishioners and Annual Parochial Church Meeting

Sunday 27[th] April 2025 – 11.30am Church Hall

		Sunday 27th April 2025 – 11.30am Church Hall
		Present:Bernice Rust, Mike Edis, Jean-Pierre Frossard, Sarah Frossard, Kate Laver, Maureen Neville, Charlie Fox, Fiona Fox, Jim Allen, Sally Hodson, Andy Hodson, Paul Brown, Sue Brown, Paula Bradshaw, Ralph Hales, Janet Briggs, Bryan Briggs, Pat Melrose, Ian Bowyer, Sandra Heather-Smith, Janette Maddrell, Gervase Maddrell, Jean Bowyer, Elizabeth Gathercole, Denise Stiff, John Haynes, Sam Fisk, John Rust,Marian Nash
1.		Welcome:Mike Edis welcomed everyone and opened in prayer. He then named those who had passed away during the past year and held 1 minute silence in remembrance and thanksgiving.
2.		Apologies:Jo & Nigel Prior, Lindsay Lay, Carol Taylor, Carol Ream, Jenny Ott.
3.		Meeting of Parishioners Election of Church Wardens A) Bernice Rust proposer Nick Snelling Seconder Mike Edis B) Mike Edis proposer Jim Allen Seconder John Rust The vote electing them was unanimous.
4.		Annual Parochial Church Meeting Minutes of the meeting held on 21stApril 2024 were agreed.
5.		Matters Arising– None
6.		Electoral Roll This is renewed every six years. Last year there were 111 names; some people have died, whilst others have moved away or do not wish to remain on roll. There are now 83 applicants, who were approved at the last Standing Committee Meeting, plus three who missed the deadline. These will be approved at the next PCC Meeting. A list of the names only will be posted on the notice boards in the hall and porch. Please check your name is on the list and is correct. As this is the first time the number on the Electoral Roll has gone under 100, there is a limit of 9 lay people who can be elected to the PCC from 2026.
7.		Secretary's Report Marian Nash explained that the purpose of the PCC was to support the Rector in making decisions, which affected the whole church and its buildings. It was a real opportunity to know what was going on. It was not arduous, and we needed more people to come and join us.
8.		Financial Report and Report of the Independent Financial Examiner Mike Edis informed the meeting that when Tom Calder stepped down from being treasurer at the last meeting, he had taken on the responsibility of the finance for the PCC. He had asked John Rust and John Haynes to share the treasurer’s role. John Rust explained that Tom had carried on doing the books for 6 months. He had then taken over the system that was new to him, so it had taken a while to sort it out. He produced a set of accounts, which he presented to the Independent Examiner, and they had been approved. He now does the bookkeeping and John Haynes banks any money and pays the bills. Mark Laver keeps a spreadsheet of the income from the hall hirers. Sally Hodson also helps with the payments. He noted that this year, there had been several exceptional income items, so we were left with a small deficit of £2,000. He thanked all who had been involved. He asked the meeting if they were happy to receive these accounts. The vote for this was unanimous. 2025 Forecast

He felt he was being negative, but he expected a deficit at the end of the year of approximately £12,000. Direct giving was down, and the greatest amount came from a small number of families, i.e.10/55. We are far too reliant on external income, which leaves us at risk of financial difficulties. We no longer have a paid administrator, so rely on volunteers. The congregation needs to reconsider how much they give and in what ways. So, we either need new givers or people pay more. A positive response was given that not everyone had returned since Covid. A new incumbent would have fresh ideas, which would hopefully attract new people.

Mike then went on to explain the accounts as seen in Section 14. The church appeared to have £90,000, however there were endowment funds, which had been invested, so produced income. Steps have been made to release these funds in a lump sum, but then we would lose the regular income. £30,000 was specifically restricted by the donor for certain projects. We could sell 118 but then would not get the rent. The PCC also set aside money for property maintenance. Therefore, the money in the General Fund is all that we can use, i.e. £8,944. With a deficit of £12,000, it is clear we need to increase our income somehow. We have a new tenant in the kitchen starting next week, which is good news.

It was proposed that we use the same Independent Financial Examiner next year - John Rust proposed, Mike Edis seconded. The vote for this was unanimous.

Steeple

There was still more work to be done to replace the tiles on the church roof. This could be done while the scaffolding was in place, consequently, we are looking at a shortfall in expenditure of around £7,000. The cockerel and weathervane had gone away to be regilded, and the cost was covered by a generous donation. There were various suggestions as to further fundraising. On Parish Day, we could have a scheme whereby 50 people could give £50 each or have another fundraising event. The question was asked about contacting the donor of the restricted AV funds, which amounted to £13,000. John Rust replied that he had been in contact with them. (Subsequently they have agreed to £1,000 being released for the work still to be done.)

9. Group Reports

These reports were sent out and read before the meeting. The timings of the House Groups had been omitted from the reports. There is always an invitation for those who are interested in attending a House Group to contact the leaders.

10.	Fabric Report
	Maintenance is ongoing. The boiler has behaved itself. An Energy Audit was carried out by Martin Carr
	from the Diocese and Mark Fulford, an external advisor. They reported that we were using the boiler
	effectively and efficiently, however it would not last, so we needed to plan the future as the diocese is
	unlikely to approve a new gas boiler. To opt for any electrical options, we need to upgrade out
	electricity supply to the church.
11.	Deanery Synod– there are 2 vacancies if anyone is interested in going.
12.	Election of Members to the Parochial Church Council
	Jo Prior (2 years) proposer Marian Nash Seconder Bernice Rust
	Sarah Frossard (3 years) proposer Paula Bradshaw Seconder Jim Allen
	Jim Allen (3 years) proposer Mike Edis Seconder Bernice Rust
	The vote electing them was unanimous.
	The remaining members of the PCC are Bernice Rust, Mike Edis, Jean-Pierre Frossard, Sam Fisk, Kate
	Laver, Ralph Hales. They were asked to stand. Marian reminded them that our photos are on the notice
	boardinthehall.


13.	Election of Sidespersons Mike informed the meeting that since 2020, the sides people were elected by the PCC and not by the annual meeting. However, the list of names was read out: - Jim Allen, Mike Edis, Jean-Pierre Frossard, Sarah Frossard, Sandra Heather-Smith, Andy Hodson, Sally Hodson, Kate Laver, Gervase Maddrell, Janette Maddrell, Carole Newland, Steve Newland, Carol Ream, Bernice Rust, John Rust, Matthew Rust, Jacqui Spiers, Denise Stiff, Russell Smith, Andrew Weiss.
14.	Safeguarding Children and Vulnerable Adults Carol Ream has written a report but has hurt her back and unable to attend. Jo Prior carries out the DBS checks and also cannot attend today. Bernice said that there was a need for some of the congregation to carry out training. Carol would notify those people. The training is carried out online, so not onerous. We need to be seen to be a church that is ensuring that they are aware of the protocols for safeguarding the congregation. Sam Fisk added that the Diocese wants the churches to be more open, so there is a heavy emphasis on being aware of the risks, and open to understanding what the term abuse means.
15.	Church Warden’s Report Mike Edis looked back to 12 months ago when we knew that Rev John was retiring. He was the only church warden, and the treasurer had just resigned. He could not have begun to imagine that the situation would be resolved so successfully. He was amazed at the range of help and support that the church had received. The Ministry Team had worked hard to ensure that the services were kept running and communion was served almost every Sunday. Jean-Pierre had never sent so many emails. There was a terrific response from the bishops and the diocese as well as those within the church stepping up to preach. The strong teams were one of the selling points to the candidates. The Bishop, the Archdeacon and the Area Dean were impressed. Jim Allen has kept the churchyard and the funerals/ burials on track; Jean Bowyer has kept the office going; Paula has maintained the pastoral teams. Highlights were Sam’s Licensing; Rev John’s last Sunday and his farewell meal with a wonderful spread provided by Darren Allen; Parish Day with the Olympic Theme; Rob Knee showing Chariots of Fire; the recruitment process including the Parish Profile, which was another team effort polished and perfected by Sam. The interviewing process was a first. Previously, the Lord Chancellor’s Office had sent candidates one at a time for the parish to agree to, consequently some vacancies had lasted 18 months. Mike had never thought he would be on a panel with Bishop Andrew, the Archdeacon, the Assistant Area Dean, a representative of the Lord Chancellor AND Bernice! Now we look forward to welcoming and worshipping with Chris and Charlotte. He quoted Chris as saying, ‘We don’t say that God has a plan for the church in Byfleet, we must say that God has a church for his plan in Byfleet!’ Bernice added that we needed some more people to consider coming on the PCC as we had 5 vacancies. This meant that the new members would be at the frontline of the new era and would be assisting Rev Chris in his role. She encouraged the congregation to think and pray about it. Jean-Pierre Frossard then gave a formal vote of thanks to Bernice and Mike for all the work they had carried out on behalf of the parish and congregation. They were both presented with a card, flowers and wine as a show of appreciation.
16.	AOB 1. Wednesday 30thApril 2025 is the licensing service, so you need to sign the list if you are coming. Kate Laver would welcome offers of cakes. She will be in the hall to receive them from 5pm onwards. Jean Bowyer offered to help with serving the teas. 2. Antisocial behaviour in the church hall car park. Bernice has rung Surrey Police Livechat and reported a large nitrous oxide cannister being left there. Sam Fisk stated that the more people who report concerns as to what they have seen, the police will take notice. The new tenant will have cars coming and going,which may deterthe youths.

Mike closed in prayer at 12.35pm. Date of next APCM : Sunday 26[th] April 2025 PCC Meeting The new PCC met briefly after the meeting. Mike Edis proposed that Marian Nash be elected as PCC Secretary. Jean-Pierre Frossard seconded it. The vote was unanimous. The list of sidespersons was proposed by Mike Edis and seconded by Jean Pierre Frossard. The vote was unanimous. The next PCC Meeting will be on Tuesday 20[th] May 2025 when we will need to formally accept the accounts. The meeting closed at 12.45pm.

ANNUAL ACCOUNTS

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARY'S CHURCH BYFLEET

YEAR ENDED 31 DECEMBER 2024

Charity Registered in England and Wales No 1163415

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARY'S CHURCH, BYFLEET

Statement of financial activities (incorporating an income and expenditure account)

For the year ended 31 December 2024

Unrestricted £ 59,361 31,567 13,850 27,014	Restricted £ 5,000 - - -	Year ended 31 December 2023 Total £ 65,954 30,471 9,113 23,918
131,792	5,000	129,456
5,526 128,428	- 8,535	676 132,617
133,954	8,535	133,293
(2,162) - 2,331 248 417 18,011	(3,535) 113 (2,331) 225 (5,528) 43,304	(3,837) 3,321 - - (516) 95,669
18,428	37,776	95,153

All of the above results are derived from continuing activities. There were no other recognised gains or losses other than those stated above. Movements in funds are disclosed in Note 14 to the financial statements.

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARY'S CHURCH, BYFLEET

Balance sheet

For the year ended 31 December 2024

Note Fixed assets Investment assets 10 Current assets Debtors 11 Short term deposits Cash at bank and in hand Liabilities Creditors: amounts due within one year 12 Net current assets Net assets 13 Funds 14 Unrestricted funds Restricted funds Endowment funds Total charity funds	£ 13,271 6,291 41,267 60,829 9,689	31 December 2024 £ 39,193 51,140 90,333 18,428 37,776 34,129 90,333	31 December 2023 £ 38,316
			38,377 5,900 29,197
			73,474 16,637 56,837
			95,153
			18,011 43,304 33,838
			95,153

Approved by the PCC on 18th March 2025 and signed on their behalf by

Churchwardens

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARY'S CHURCH, BYFLEET

Notes to the financial statements

For the year ended 31 December 2024

1. Accounting policies

Basis of Preparation

These financial statements have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) including early adoption of Update Bulletin 1. The charity is a public benefit entity for the purposes of FRS 102 and therefore has also prepared the financial statements in accordance with the 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 (The FRS 102 Charities SORP) and the Charities Act 2011. The financial statements 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 affiliation to another body, nor those that are informal gatherings of church members.

The financial statements have been prepared to give a ‘true and fair’ view and have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a ‘true and fair' view. This departure has involved following "Accounting and Reporting by Charities for charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014 and updated periodically since then (January 2022 is the latest version)" rather than the "Accounting and Reporting by Charities: Statement of Recommended Practice effective from 1 April 2005" which has since been withdrawn.

The Charity adopted the Financial Reporting Standard (FRS 102) applicable in the UK and Republic of Ireland for the first time in the year ended 31 December 2015. The transition date was 1 January 2014. There have been periodic updates to this standard, the latest being in January 2022.

Reconciliation with previous Generally Accepted Accounting Practice:

In preparing the accounts, the trustees have considered whether in applying the accounting policies required by FRS 102 and the Charities SORP (FRS 102) any transitional adjustments are required. In accordance with the requirements of FRS 102 there have been no adjustments to the net income and opening balances under previous Generally Accepted Accounting Practice (GAAP) as a result of the changes in accounting policies and estimates.

Going Concern

The trustees have assessed whether the use of the going concern basis is appropriate and have considered possible events or conditions that might cast significant doubt on the ability of the Charity to continue as a going concern. The trustees have made this assessment for a period of at least one year from the date of approval of the financial statements. After making enquiries the trustees have concluded that there is a reasonable expectation that the Charity has adequate resources to continue in operational existence for the foreseeable future. The Charity therefore continues to adopt the going concern basis in preparing its financial statements.

Functional Currency

The functional currency is considered to be in pounds sterling because that is the currency of the primary economic environment in which the charity operates. The financial statements are also presented in pounds sterling, rounded to the nearest £1.

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARY'S CHURCH, BYFLEET

Notes to the financial statements

For the year ended 31 December 2024

1. Accounting policies (continued)

Funds

General funds represent the funds of the PCC that are not subject to any restrictions regarding their use and are available for the application on general purposes of the PCC. Funds designated for a particular purpose by the PCC are also unrestricted.

Restricted funds are those funds that must be spent on restricted purposes and details of the funds held and restrictions are provided in note 8.

Expenditure

Expenditure on raising funds relate to the costs incurred by the charity in inducing third parties to make donations to it, as well as the cost of any activities with a fundraising purpose and the costs associated with the investment property.

Grants and donations are accounted for when paid over, or when awarded, if that award creates a binding or constructive obligation on the PCC.

Expenditure is recognised in the period in which they are incurred on an accruals basis. Expenditure includes attributable VAT which cannot be recovered.

The diocesan parish share is accounted for when due. Any parish share unpaid at 31 December is provided for in these financial statements and is shown as a creditor in the balance sheet.

Fixed assets

Consecrated and beneficed property of any kind is excluded from the financial statements by Section 10(2), subsection (a) and (c) in the Charities Act 2011.

Moveable furnishings held by the vicar and churchwardens on special trust for the PCC and which require a faculty for disposal are accounted for as inalienable property unless consecrated.

Investments are valued at market value at 31 December.

Financial Instruments

The charitable company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments. Financial instruments are recognised in the Charity's balance sheet when the Charity becomes party to the contractual provisions of the instrument. Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously. With the exceptions of prepayments and deferred income all other debtor and creditor balances are considered to be basic financial instruments under FRS 102.

Debtors

Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Cash and cash equivalents

Cash and cash equivalents in the balance sheet comprise cash at banks and in hand and short term deposits with an original maturity date of three months or less. For the purpose of the statement of cash flows, cash and cash equivalents consist of cash and cash equivalents as defined above.

Creditors

Short term trade creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method. Deferred income represents grants, contract funding and training fees relating to future period.

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARY'S CHURCH, BYFLEET

Notes to the financial statements

For the year ended 31 December 2024

Donations and legacies Regular giving Collections Appeals and Donations Grants Legacies Gift aid receivable Total	Unrestricted £ 37,059 5,840 2,198 - - 14,264	Restricted £ - - - 5,000 - -	Year ended 31 December 2024 Total £ 37,059 5,840 2,198 5,000 - 14,264	Year ended 31 December 2023 Total £ 42,265 7,005 3,739 - 3,445 9,500
	59,361	5,000	64,361	65,954

2. Donations and legacies

Unrestricted £ 29,663 1,534 370	Restricted £ - - -	Year ended 31 December 2024 Total £ 29,663 1,534 370	Year ended 31 December 2023 Total £ 27,007 1,893 1,571
31,567	-	31,567	30,471
Unrestricted £ 8,729 5,121	Restricted £ - -	Year ended 31 December 2024 Total £ 8,729 5,121	Year ended 31 December 2023 Total £ 9,113 -
13,850	-	13,850	9,113
Unrestricted £ 20,860 4,700 1,064 390	Restricted £ - - - -	Year ended 31 December 2024 Total £ 20,860 4,700 1,064 390	Year ended 31 December 2023 Total £ 20,286 2,400 1,047 185
27,014	-	27,014	23,918

3. Other trading activities

4. Charitable activities

5. Investment income

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARY'S CHURCH, BYFLEET

Notes to the financial statements

For the year ended 31 December 2024

Unrestricted £ 5,526	Restricted £ -	Year ended 31 December 2024 Total £ 5,526	Year ended 31 December 2023 Total £ 676
5,526	-	5,526	676
Unrestricted £ 4,297	Restricted £ -	Year ended 31 December 2024 Total £ 4,297	Year ended 31 December 2023 Total £ 4,436
4,297 79,451 959 566 202 11,103 16,546 4,459 - 688 1,797	- - - - 90 8,202 - - - - 243	4,297 79,451 959 566 292 19,305 16,546 4,459 - 688 2,040	4,436 76,479 2,363 242 40 10,632 17,036 4,319 8,220 3,180 234
115,771 5,387 2,973	8,535 - -	124,306 5,387 2,973	122,745 2,642 2,794
8,360	-	8,360	5,436
128,428	8,535	136,963	132,617

6. Costs of raising funds

7. Costs of charitable activities

8. Staff costs and numbers

Staff costs listed in note 7 relate to services provided by one part-time employee who is supported by some voluntary unpaid administr Total remuneration for the paid administrator in the year ended 31 December 2024 was £2,973 (2023: £2,794) The key management personnel of the charity comprise the members of the Parochial Church Council (PCC) The PCC do not receive remuneration.

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARY'S CHURCH, BYFLEET

Notes to the financial statements

For the year ended 31 December 2024

9. Tangible fixed assets

The Charities Act 2011 states in Section 10(2) that benefice property (sub-section (a) and consecrated property (sub-section (c)) are removed from the definition of charity for the purposes of the Act, therefore the land and buildings are not included in the financial statements.

The Church, Church Hall, and contents are insured at a value of £9,980,000 in 2024 The main churchyard is closed under an order in council dated 7th January 1977. The Guildford Diocesan Board of Finance are Custodian Trustees.

118 Rectory Lane (previously referred to as The Curate's House) is insured at a value of £474,646 in 2024 The Guildford Diocesan Board of Finance are Custodian Trustees.

The field at the corner of Sanway Road and Church Road (approximately 3 acres) was given in 1920 for additional burial groun burial ground. Woking Borough Council currently have a lease to use the field for £1,000 per annum rent.

10. Investments Opening market value Additions at cost Proceeds from disposals Net gains 11. Debtors Income tax recoverable Other debtors 12. Creditors: amounts due within one year Outward Giving Other creditors	Year ended 31 December 2024 £ 38,316 - - 877	Year ended 31 December 2023 £ 34,994 - - 3,322
	39,193	38,316
	Year ended 31 December 2024 £ 8,700 4,571	Year ended 31 December 2023 £ 27,750 10,627
	13,271	38,377
	Year ended 31 December 2024 £ 6,870 2,819	Year ended 31 December 2023 £ 10,868 5,769
	9,689	16,637

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARY'S CHURCH, BYFLEET

Notes to the financial statements

For the year ended 31 December 2024

13. Analysis of net assets between funds Fixed asset investments Current assets Current liabilities Net assets at 31 December 2024 Prior year analysis of net assets between funds Fixed asset investments Current assets Current liabilities Net assets at 31 December 2023 14. Movements in funds As at 1 January 2024 £ General Fund 5,289 Property Maintenance Fund 6,541 Kitchen Equipment Fund 4,181 Rectory Decorating Fund 1,250 LLM books 750 Total Unrestricted funds 18,011 Restricted funds: AV/Sound System Fund 13,840 Wickenden Bequest 4,861 Other Trust Funds 4,726 Church Steeple Fund 15,514 Churchyard Fund (reopened) 102 LLM Training 1,808 Hedge Fund 1,613 Church Carpet Fund 478 Women's Group Fund 317 Men's Group Fund 45 Total Restricted funds 43,304 33,838 95,153 Endowment funds Unrestricted funds: Total funds	Unrestricted funds £ - 28,117 (9,689)	Restricted funds £ 5,064 32,712 -	Endowment funds £ 34,129 - -	Total funds at 31 December 2024 £ 39,193 60,829 9,689 -
	18,428	37,776	34,129	90,333
	Unrestricted funds £ - 34,648 (16,637)	Restricted funds £ 4,478 38,826 -	Endowment funds £ 33,838 - -	Total funds at 31 December 2023 £ 38,316 73,474 (16,637)
	18,011	43,304	33,838	95,153
	Income £ 131,792 - - - -	Expenditure £ 129,130 - (4,824) - - -	Transfers £ 993 2,086 - 250 (750)	As at 31 December 2024 £ 8,944 3,803 4,181 1,500 -
18,011	131,792	(133,954)	2,579	18,428
13,840 4,861 4,726 15,514 102 1,808 1,613 478 317 45	- - 113 5,000 - - - - - -	(243) - - (8,100) (102) - - - (90) -	- - 225 - (1,808) - (478) - (45)	13,597 4,861 5,064 12,414 - - 1,613 - 227 -
43,304	5,113	(8,535)	2,106 -	37,776
33,838	764	-	473 -	34,129
95,153	137,669	(142,489)	-	90,333

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARY'S CHURCH, BYFLEET

Notes to the financial statements

For the year ended 31 December 2024

As at 1 January 2023 £ 14,876 4,514 5,101 1,000 500	Income £ 122,285 - - - -	Expenditure £ 129,345 - - 920 - - -	Transfers £ 2,527 - 2,027 - 250 250	As at 31 December 2023 £ 5,289 6,541 4,181 1,250 750
25,991	122,285	(130,265)	-	18,011
15,010 4,841 4,726 9,763 500 1,868 1,613 478 317 45	750 20 - 5,751 130 520 - - - -	(1,920) - - - (528) (580) - - - -	- - - - - - - - -	13,840 4,861 4,726 15,514 102 1,808 1,613 478 317 45
39,161	7,171	(3,028)	-	43,304
30,517	3,321	-	-	33,838
95,669	132,777	(133,293)	-	95,153

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARY'S CHURCH, BYFLEET

Notes to the financial statements

For the year ended 31 December 2024

AV/Sound System Fund

New in 2017 to pay for upgrading the Sound System and provide Audio Visual. There were two significant donations received and the work on the sound system was completed. Discussions continue with the Diocese about the way forward with the proposed new AV system, and a further donation was received in 2019. Some sound system/wi-fi costs funded in last few years. Wickenden Bequest The Wickenden fund represents monies gifted to the church to support costs of ecclesiastical linen and choir expenses. Historically this fund has been used to fund linen and candlesticks. Other Trust Funds These are historic funds - Clerical Assistance & Prayer Book - invested in CBF Church of England Investment Fund. Churchyard fund

This fund was reopened in 2023 when donation received, but now being closed as cost of maintaining burial ground is met from General Fund . Church Carpet fund

This fund was started in 2012 with donations and fundraising events to fund a new carpet for the Church. It was agreed in 2014 to use this fund to pay for sealing and resealing the floor. Some resealing was done during 2018. Unspent balance moved to General Fund in 2024. LLM Fund Set up in 2021 based on two donations to pay for LLM training. Funds spent 2022-2024 and unspent balance moved to General Fund. Hedge Fund

Set up in 2020 to raise funds for new hedge to surround open Garden of Remembrance.

Church Steeple Fund New in 2018 with initial donation the majority being used with the donors permission towards the footpath. Fundraising for the significant steeple repairs required commenced in 2019. Work is due to begin in 2025.

Men's Group fund

This fund was set up with monies raised by the Men's group for use on their own activities, and used to fund bibles and books for baptism families and children attending Squad. Inactive for many years now and small balance moved to General Fund in 2024.

Women's Group fund

This fund represents monies raised by the Women's' group for use on their own activities.

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARY'S CHURCH, BYFLEET

Notes to the financial statements

For the year ended 31 December 2024

15. Prior year Statement of Financial Activities Unrestricted £ Income from: Donations 2 58,803 Trading activities 3 32,871 4 9,113 Investment income 5 21,498 Total income 122,285 Expenditure on: Raising Funds 6 - Charitable activities 7 130,265 Total expenditure 130,265 7,980 - Net gains/(losses) on investments - 7,980 - Reconciliation of funds Total funds brought forward 25,991 Total funds carried forward 18,011 Charitable activities Net income/(expenditure) before gains/(losses) on Net income/(expenditure) and net movement In funds	Restricted £ 7,151 - - 20	Endowment £ - - - -	Year ended 31 December 2023 Total £ 65,954 32,871 9,113 21,518
122,285	7,171	-	129,456
	- 3,028	- -	- 133,293
130,265	3,028	-	133,293
7,980 - - 7,980 - 25,991	4,143 - 4,143 39,161	- 3,321 3,321 30,517	3,837 - 3,321 516 - 95,669
18,011	43,304	33,838	95,153

Independent Examlnerf5 report on the accounts of The Paro¢hial Church Council of The Ecclesiastlcal Parish of St Marfs Church Byneet for the year ended 31 December 2024. I have examined the accounting records kept by the charity and a comparison of the accounts presented with those records. It includes consideration of any unusual items or disclosures in the accounts, and seeking explanations Conrning any such matters. In connection with my examination. no matters have come to my attention which gwe me reasonable cause to believe that in any material respect the requirements to keep accounting records or to prepare accounts which accord with these accountin8 records have not been met. Anthony Moore 15th April 2025