# **THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MATTHEW, BLACKMOOR & WHITEHILL** **Registered Charity number 1171865** ## **(ST MATTHEW'S CHURCH)** * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * **REPORTS AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024** * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * ## **ST MATTHEW'S CHURCH** ## **CONTENT** ||Page| |---|---| |Information|3| |Annual Report|4-5| |Independent examiner's report|6| |Statement of Income & Expenditure|7-9| |Balance Sheet|10-11| |Notes to the accounts|12-13| Page 2 ## **ST MATTHEW'S CHURCH** ## **Information** ## **Vicar** None at 31 December 2024 Parish has a vacancy ## **Bankers** ## **Treasurer** ## **Independent Examiner** Lloyds Bank Farnham Branch PO Box 1000 BX1 1LT Mrs Leonie Sadler ACMA 19 Liphook Road Bordon Hampshire GU35 9DA Mr Rodney Fisher FCA, FCMA Liss Page 3 ## **ST MATTHEW'S CHURCH** ## **Annual Report for the year ended 31 December 2024** ## **Background** While the parish is in interregnum, the Parochial Church Council (PCC) has the responsibility of co-operating with the Diocese of Portsmouth in promoting in the ecclesiastical parish the whole mission of the Church, pastoral, evangelistic, social and ecumenical. It also has the maintenance responsibilities for the Church building itself. The PCC is a corporate body established by the Church of England. The PCC operates under the Parochial Church Council Powers Measure. ## **Objectives and Activities** The PCC is committed to enabling as many people as possible to worship at our church and to become part of our parish communities of Blackmoor & Whitehill. The PCC maintains an overview of worship throughout the parish and makes suggestions on how our services can involve the many groups that live in our parish. Our services and worship put faith into practice through prayer and scripture, music and sacrament. ## **Membership** Members of the PCC are either ex officio or elected by the Annual Parochial Church Meeting (APCM) in accordance with the Church Representation Rules. During the year and until the date of this report the following served as members of the PCC:` |Vicar|None: Vacancy|| |---|---|---| |Church Wardens|Mr David Cooper|Acting Lay Chairman| ||Mrs Davina Hudson|| |Elected members|Rev David Aldous|| ||Ms Linda Buckland|| ||Mrs Sylvia Boddington|| ||Mr Robin Helliwell|| ||Rev Kate Lloyd Jones|Associate Priest| ||Rev Wendy Mallas|| ||Mrs Jean Mitchell|| ||Mrs Jilly Prideaux|| ||Mrs Leonie Sadler ACMA|Treasurer| ||Mrs Jenny Wilkinson|Safeguarding| |Secretary|Ms Gemma McDonald|| Page 4 ## **ST MATTHEW'S CHURCH** ## **Annual Report for the year ended 31 December 2024** ## **Committees** The PCC operates through a number of committees, which meet between the meetings of the PCC Standing Committee This is the only committee required by law. It consists of the incumbent, the Church Wardens, the Secretary and the Treasurer. It has power to transact the business of the PCC between its meetings, subject to any directions by the PCC Building Committee: Attends to matters relating to the stewardship of the church buildings and fabric and the church yard Worship Committee: Meets to plan and develop the diverse worship of God in the parish in support of the vicar Fundraising & Social Attends to all social functions undertaken such as organising the fund Committee raising events, the annual church fete, the harvest festival and any Christmas activities. Review of the year: The full PCC met 6 times during the year. Committees met between meetings and reports were received by the full PCC and discussed as necessary. No unapproved remuneration was paid to any PCC member. It is our policy to invest our fund balances with the CBF Church of England Deposit Fund. Payments were made to the Diocese during the year of £38,914. At the end of this year there were no arrears. Reserves policy: This policy requires the PCC to maintain sufficient reserves to cover the normal gross running costs of the church for 6 months. The trustees declare that they have approved the report and the accounts above on 19 March 2025. **David Cooper Acting Lay Chairman**[*] **David Cooper Acting Lay Chairman** Page 5 ## **ST MATTHEW'S CHURCH** ## **Independent examiner's Report to the Parochial Church Council (the trustees) of St Matthew's Church, Blackmoor & Whitehill** I report to the trustees on my examination of the accounts of St Matthew's Church (the Trust) for the year ended 31 December 2024. ## **Responsibilities and basis for the report** As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act'). 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 all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. ## **Independent examiner's statement** I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material 1. accounting records were not kept in respect of the Trust as required by section 130 of the Act; or 2. the accounts do not accord with these records; or 3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirements that the accounts give a 'true and fair view' which is not a matter considered as part of an independent examination. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Signed by: Rodney Fisher FCA, FCMA Date: 07 March 2025 Page 6 **ST MATTHEW'S CHURCH, BLACKMOOR** ## **FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024** ## **INCOME AND EXPENDITURE** **----- Start of picture text -----**
Unrestricted Designated Restricted Endowment 2024 2023
Note funds Funds funds funds Total Total
£ £ £ £ £
RECEIPTS
Voluntary income
Planned giving 16,875 - - - 16,875 17,256
Gift Aid Recovered 6,730 - - - 6,730 5,451
Collections 6,233 - - - 6,233 5,183
Donations 1,152 - 70 - 1,222 2,980
Grants & VAT recovered - 5,880 660 - 6,540 -
Legacies 10,647 - - - 10,647 -
41,637 5,880 730 - 48,247 30,870
Activities for generating funds
Fundraising events 7 1,475 - 2,559 - 4,034 3,640
1,475 - 2,559 - 4,034 3,640
Income from charitable (Church)
activities
Fees from weddings & funerals 5,042 - 610 - 5,652 10,734
Soup Cafe & Church Café 9,088 - - - 9,088 9,767
Other income - - - - - -
14,130 - 610 - 14,740 20,501
Income from investments
Interest 8,888 - - 240 9,128 5,500
Unrealised Gains on Lord
Selborne's fund - - - 198 198 748
8,888 - - 438 9,326 6,248
Total incoming resources 66,130 5,880 3,899 438 76,347 61,259
Total payments (see page 8) ( 57,957 ) ( 240 ) ( 3,364 ) - ( 61,561 ) ( 62,655 )
Surplus (deficit) for the year 8,173 5,640 535 438 14,786 ( 1,396 )
**----- End of picture text -----**
_The notes on pages 12 and 13 form part of these financial statements_ Page 7 **ST MATTHEW'S CHURCH, BLACKMOOR** ## **FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024** ## **INCOME AND EXPENDITURE** |**Note**
**PAYMENTS**
_Fundraising, cost of goods sold_
_and other costs_
Cost of fundraising events
**7**
Soup Cafe & Drop-in
_Charitable activities (activities_
_directly relating to the work of the_
_Church)_
Missionary and charitable giving
Home missions and other
church societies
Total giving
Diocesan Parish Share
Church running expenses
Water rates
Heating & lighting
Insurance
General maintenance
Major repairs & refurbishment
Clergy expenses
Other ministry costs
Licences & other fees
Sundry expenses
_Church management &_
_administration_
PCC Secretary
Web site & IT costs
Room & equipment hire
Printing, stationery & books
Telephone, broadband &
postage
**Total expended resources**|**Unrestricted**
**funds**
**£**
278
2,410
**2,688**
751
-
**751**
38,914
316
3,573
2,979
802
-
699
900
96
2
**49,032**
3,642
68
566
1,479
482
**6,237**
**57,957**|**£**
-
-
**-**
-
-
**-**
-
-
-
-
-
240
-
-
-
-
**240**
-
-
-
-
-
**-**
**240**
**Designated**
**Funds**|**£**
60
-
**60**
559
15
**574**
-
-
-
-
1,869
-
-
-
474
-
**2,917**
-
-
-
387
-
**387**
**3,364**
**Restricted**
**funds**|**funds**
-
-
**-**
-
-
**-**
-
-
-
-
-
-
-
-
-
-
**-**
-
-
-
-
-
**-**
**-**
**Endowment**|**2024**
**Total**
**£**
**338**
**2,410**
**2,748**
**1,310**
**15**
**1,325**
**38,914**
**316**
**3,573**
**2,979**
**2,671**
**240**
**699**
**900**
**570**
**2**
**52,189**
**3,642**
**68**
**566**
**1,866**
**482**
**6,624**
**61,561**|_2023_
_Total_
_£_
_291_
_1,664_
_1,955_
_737_
_291_
_1,028_
_37,063_
_214_
_3,661_
_2,907_
_1,596_
_5,880_
_38_
_610_
_452_
_1,465_
_54,914_
_2,971_
_493_
_687_
_1,282_
_353_
_5,786_
_62,655_| |---|---|---|---|---|---|---| _The notes on pages 12 and 13 form part of these financial statements_ Page 8 **ST MATTHEW'S CHURCH, BLACKMOOR** **FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024** ## **INCOME AND EXPENDITURE** ## **STATEMENT OF FUNDS** |**UNRESTRICTED**
General funds
**DESIGNATED**
Tower & Kitchen Reordering
Oil tank
**RESTRICTED**
Church yard fund
Fabric fund
Junior Church fund
Sponsored child
Missionary Opp fund
Music fund
Tower fund
**ENDOWMENT FUND**
Lord Selborne's fund
**TOTAL FUNDS**|**Balance b/fwd**
26,367
132,120
10,000
**142,120**
-
93
644
697
1,076
1,182
9,730
**13,422**
8,635
**190,544**|**Receipts**
66,127
5,880
-
**5,880**
660
426
565
-
620
1,624
**3,895**
438
**76,340**|**Payments**
( 57,957 )
( 240 )
-
**( 240 )**
( 1,573 )
-
( 599 )
-
( 1,135 )
( 51 )
**( 3,358 )**
-
**( 61,555 )**|**Transfer**
( 673 )
-
-
**-**
913
-
-
-
-
-
**913**
( 240 )
**-**|**Balance**
**c/fwd**
**33,864**
**137,760**
**10,000**
**147,760**
**-**
**93**
**1,070**
**663**
**1,076**
**667**
**11,303**
**14,872**
**8,833**
**205,329**|_2023_
_Total_
_26,367_
_132,120_
_10,000_
_142,120_
_-_
_93_
_644_
_697_
_1,076_
_1,182_
_9,730_
_13,422_
_8,635_
_190,544_| |---|---|---|---|---|---|---| _The notes on pages 12 and 13 form part of these financial statements_ Page 9 ## **ST MATTHEW'S CHURCH, BLACKMOOR** ## **FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024** ## **BALANCE SHEET** **----- Start of picture text -----**
Unrestricted Designated Restricted Endowment 2024 2023
Note funds Funds funds funds Total Total
£ £ £ £ £
CASH FUNDS A
Bank Current Account 6,943 - - - 6,943 6,738
- - -
Deposit Funds 12,028 12,028 13,867
Cash in Hand 2,620 - - - 2,620 2,062
- - -
21,591 21,591 22,667
OTHER MONETARY ASSETS
Debtors 2 1,698 - - - 1,698 2,084
Prepayments 3 381 - - - 381 197
- - -
2,079 2,079 2,281
INVESTMENT ASSETS
Short Term Investments B 11,743 147,760 14,912 8,833 183,248 171,231
LIABILITIES
Creditors 4 ( 1,333 ) - ( 40 ) - ( 1,373 ) ( 988 )
Accruals 5 ( 216 ) - - - ( 216 ) ( 7,445 )
( 1,549 ) - ( 40 ) - ( 1,589 ) ( 8,433 )
33,864 147,760 14,872 8,833 205,329 187,746
**----- End of picture text -----**
_The notes on pages 12 and 13 form part of these financial statements_ Page 10 ## **ST MATTHEW'S CHURCH, BLACKMOOR** ## **FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024** ## **BALANCE SHEET** |**NOTE A - RECONCILIATION OF CASH**|||||| |---|---|---|---|---|---| ||**Current**|**Deposit**|**Cash in**||_2023_| ||**Accounts**|**Funds**|**Hand**|**Total**|_Total_| |Opening Balance|6,738|13,867|2,062|**22,667**|_22,269_| |Net Receipts/(Payments)|( 4,890 )|8,888|1,568|**5,566**|_( 7,511 )_| |Change in Monetary Assets|202|-|-|**202**|_447_| |Change in Liabilities|( 6,844 )|-|-|**( 6,844 )**|_7,462_| |Transfers|11,737|( 10,727 )|( 1,010 )|**-**|_-_| |Closing Balance|**6,943**|**12,028**|**2,620**|**21,591**|_22,667_| |**NOTE B - INVESTMENTS**||**Short Term**
**Investments**|**Lord**
**Selborne's**
**Fund**|**Total 2024**|_2023_
_Total_| |As at 1st January||165,394|8,635|**174,029**|_167,913_| |Interest Received||8,781|240|**9,021**|_5,500_| |Change in Market Value||-|198|**198**|_616_| |Interfund Transfer||240|( 240 )|**-**|_-_| |**As at 31st December**||**174,415**|**8,833**|**183,248**|_174,029_| The CBF Church of England Deposit Funds are invested by CCLA in a unit trust, which aims to provide a high level of capital security and competive rates of interest, suitable for CoE charities' short term investments. Hence, it is not covered by Government Insurance. **David Cooper Acting Lay Chairman and Church Warden** **Leonie Sadler ACMA Treasurer** _The notes on pages 12 and 13 form part of these financial statements_ Page 11 **ST MATTHEW'S CHURCH** **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024** ## **1 ACCOUNTING POLICIES:** ## **1.1 Accounting convention and policies** The financial statements of the PCC have been prepared in accordance with Church Accounting Regulations 2006 using the accruals basis. ## **1.2 Basis of preparation of the financial statements** The financial statements have been prepared under the historical cost convention. ## **1.3 Incoming resources** All incoming resources are included in the Statement of financial activities when the Charity is legally entitled to the income and the amount can be quantified with reasonable accuracy. Gifts in kind donated for distribution are included at valuation and recognised as income when they are distributed to the projects. Gifts donated for resale are included as income when they are sold. Donated facilities are included at the value to the Charity where this can be quantified and a third party is bearing the cost. No amounts are included in the financial statements for services of volunteeers. Donated services or facilities are included as income at a valuation which is an estimate of the financial cost borne by the donor where such cost is quantifiable and measurable. Income tax recoverable in relation to donations received under Gift Aid (GA) or the Gift Aid Small Donations Scheme (GASDS) is recognised at the time of the donation. ## **1.4 Resources expended** All expenditure is accounted for on an accruals basis and have been included under expense categories that aggregate all costs for allocation to activities. Where the costs cannot be directly attributed to particular activities they have been allocated on a basis consistent with the use of the resources. Support costs are those costs incurred directly in support of expenditure on the objects of the Charity and include project management. Govenance costs are those incurred in connection with administration of the Charity and compliance with constitutional and statutory requirements. |**2 DEBTORS**
HMRC, gift aid tax recoverable|**2024**
**£**
**1,698**
**1,698**|_2023_
_£_
_2,084_
_2,084_| |---|---|---| Page 12 **ST MATTHEW'S CHURCH** **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024** |**3 PREPAYMENTS**
Lay Readers' Conference
Website Hosting
Photocopier Rental
**4 CREDITORS**
Wedding fee deposits
Diocesan Fees
100 Up Club
Secretarial services
**5 ACCRUALS**
Fundraising Costs
Village Hall Hire
Quinquennial Report Fees
Reordering Architect's Fees
Electricity|**£**
**210**
**111**
**60**
**381**
**£**
**300**
**702**
**40**
**331**
**1,373**
**£**
**153**
**63**
**-**
**-**
**-**
**216**|_£_
_-_
_-_
_197_
_197_
_£_
_405_
_-_
_278_
_305_
_988_
_£_
_-_
_-_
_1,465_
_5,880_
_100_
_7,445_| |---|---|---| ## **6 OTHER MATTERS** At the July 2021 PCC meeting it was agreed to establish a number of designated funds to 'ring fence' unrestricted funds available bearing in mind the need to keep adequate unrestricted recerves to cover approximately six months' normal expenditure. Over the last two years, six months' expenditure has been between £27,000 and £28,500. Thus, there have been transfers from the designated funds to ensure that the unrestricted funds available are at least £25,000. |**7 FUND RAISING ACTIVITIES**
100Up Club
Amazon
Apple Day
Blackmoor Bling
Open Garden
Christmas Books
HMRC, gift aid collected
Penny collections
Quiz Night
Ride & stride|**Income**
**£**
538
-
1,946
454
143
-
487
-
-
466
**4,034**|**Expense**
**£**
( 60 )
-
( 153 )
( 125 )
-
-
-
-
-
-
**( 338 )**|**2024**
**£**
**478**
**-**
**1,793**
**329**
**143**
**-**
**487**
**-**
**-**
**466**
**3,696**|_2023_
_£_
_271_
_5_
_1,635_
_-_
_-_
_23_
_381_
_22_
_844_
_168_
_3,349_| |---|---|---|---|---| Page 13