**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** |Note
**Income from:**
Donations
2
Trading activities
3
4
Investment income
5
**Total income**
**Expenditure on:**
Raising Funds
6
Charitable activities
7
**Total expenditure**
Net gains/(losses) on investments
Fund Transfers
Correction relating to previous years
**Reconciliation of funds**
Total funds brought forward
**Total funds carried forward**
Charitable activities
**Net income/(expenditure) before gains/(losses) on**
**investments**
**Net income/(expenditure) and net movement In**
**funds**|Unrestricted

£
59,361
31,567
13,850
27,014|Restricted
£
5,000
-
-
-|Endowment
£
-
-
-
-
-
-
-
-
-
764
(473)
291
33,838
34,129|**Year ended 31**
**December**
**2024**
**Total**
**£**
**64,361**
**31,567**
**13,850**
**27,014**
**136,792**
**5,526**
**136,963**
**142,489**
**(5,697)**
**877**
**-**
**-**
**(4,820)**
**95,153**
**90,333**|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. 2 ## **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 3 **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. 4 **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. 5 ## **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** |**Other trading activities**
Church hall lettings
Church hall kitchen hire
Other
Total
**Charitable activities**
Weddings and funerals (net of fees payable to the Diocese)
Other
Total
**Investment income**
Rental on investment property
Other Rental Income
Dividends received
Bank interest
Total|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** 6 ## **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** |**Costs of raising funds**
Investment property costs
Total
**Costs of charitable activities**
**Grants**
Outward Giving
**Activities relating to the work of the church**
Diocesan Parish Share
Clergy expenses
Clergy premises
Visiting Speakers
Church premises
Church hall premises
Building and contents insurance
Repairs and decoration
Outreach
Other
**Support costs**
Administration
Administration staff costs
Total|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. 7 **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| 8 ## **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**|**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**| 9 ## **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** |**Prior year movements in funds**
General Fund
Property Maintenance Fund
Kitchen Equipment Fund
Rectory Decorating Fund
LLM books
**Total Unrestricted funds**
**Restricted funds:**
AV/Sound System Fund
Wickenden Bequest
Other Trust Funds
Church Steeple Fund
Churchyard Fund (reopened)
LLM Training
Hedge Fund
Church Carpet Fund
Women's Group Fund
Men's Group Fund
**Total Restricted funds**
**Unrestricted funds:**
**Endowment funds**
**Total funds**|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**| 10 ## **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. 11 ## **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**|**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**| 12 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 Con￿rning 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