Jk Diocese ofwinchester Parish of North Stoneham & Bassett AIISonts + Stmiclhyel &AIIAW + 51 NK ANNUAL REPORT AND FINANCIAL STATEMENTS For the year ended 31 December 2024 The Parochial Church Council of the Ecclesiastical Parish of North Stoneham and Bassett Registered Charity No. 1175931
Contents Aims and Purposes................................................................................................................................................. Objectives and Activities........................................................................................................................................ Achievements and Performance.......................-.-.....-...-.-......-.......-.-.-................................................................... 3a Regular worship, open to all 3b Provision of sacred space for worship. prayer and contemplation as well as space for community activities..... 3c Pastoral work, including care of the Sick and bereaved......................................................................................... 3d Provision of Christian activities for all ages............................................................................................................ 3e Promotion of Christianity through events, meetings, and the distribution of literature ......................................... 3f Supporting charities in the UK and overseas.......................................................................................................... Flnancial Review...................................................................................................................................................... Annual Fabric Report 2024...................................................................................................................................... Deanery Synod.. Volunteer5. .10 Future Plans.. .10 Administrative Information...................................................................................................................................10 10. Structure, Governance and Management.............................................................................................................11 11. Flnancial Statements..... ,12
l. Aims and Purposes The Parochial Church Council of North Stoneham and Bassett IPCCI has the responsibility of cooperating in the ecclesiastical parish with the incumbent. the Reverend Sheena Williams, in promoting the whole mission of the church, pastoral, evangelistic, social and ecumenical. The PCC is also specifically responsible for the maintenance of the buildings of St Nicolas. Parish Church, All Saints, Church Centre, All Saints, Lodge, St Michael and All Angels, Church and the Parish Hall. 2. Objectives and Activities The PCC is committed to celebrating and sharing the good news of God's love and purposes revealed in Jesus Christ, enabling as many people as possible to worship at our three churches and to become part of our parish communities. The PCC aims to help people to live out their lives of faith through the following.. Provision of regular worship, open to all. Provision of sacred space for worship, prayer and contemplation as well as space for community activities. Pastoral work, including care of the sick and bereaved. Provision of Christian activities for all ages. Promotion of Christianity through events, meetin85, and the distribution of literature. Supporting charities in the UK and overseas When planning objectives and activities for the year, the Rettor, the Churchwardens and the PCC have considered the Charity Commission's guidance on public benefit and, in particular, the Specific guidance on charities for the advancement of religion. 3. Achievements and Performance 3a Regular wnrship, open to all In 2024, we consolidated our new pattern of worship after last yearfs review. This sees regular lay-led services at All Saints, with a number of different people leading varied worship. While St Michael's remained largely eucharistic, a number of Services of the word were held, led ably by our LLM, when clergy were unavailable. At St Nicolas morning worship on Sundays is held on 2 Sundays per month and is either a Service of the Word or Eucharist while in the afternoon, the monthly cofé church continued at the YMCA with the addition of the "Extra Slice" which explore5 the café church theme in a deeper way. The morning service at St Michael's and some special evening services continue to be live-streamed and the new equipment has made the process much simpler. In the incumbent's absence in 2024, a wide variety of clergy arbd lay leaders asS1Sted in leading worship acr055 the parish and this wa5 greatly enjoyed by our ¢ongregation5. The PCC would like to extend a particular thanks to all clergy who came and led worship thi5 year. We continue to enjoy huge diverslty in the style and type of worship in our three churches. Café church at St Nicolas, continued in the YMCA this year and in this location is reaching out to different families, and seeing new volunteers from the community who are not otherwise part of the church. The welcome addition of the monthly"Extra Slice" from autumn 2024 builds on this work. Regular weekday Morning Prayer. at two different times each mornin& has continued throughout the year. Taizé services were held on the last Friday of every month except August ond December. These contemplative services conclude with a shared supper.
In Lent this year, an additional Eucharist was held mid-week, much appreciated by those who attended. Special services were held to mark Holy Week. ReMernbran Sunday, Advent and Christma5 in all three churches. Remembrance Sunday at the Stoneham War Shrine was particularly well-attended including the North Stoneham Scout group and children from Stoneham Park Academy. A member of the junior choir from St Michael's played the Last Post to great acclaim I A service of lament and prayer for Israel and Palestine was held in early October to mark one year since the Hamas atrocity of 7 October 2023 and the subsequent war in Gaza. We celebrated Creationtide in September. As well as regular worship, we continue to enable our local community to mark life's milestones in Christian worship. In 2024, clergy and LLMS conducted I wedding, 9 baptisms, 15 funerals and 7 burials of ashes. We also had 5 candidates Confirmed in 2024. Under the direction of Andrew Hanley, the choir at St Michael'5 has continued to flourish During the calendar year 2024, we had two continuing scholar5: Nathan lorganl and Miko Ichorall. We then appointed a second choral scholar, Chloe, in October 2024. Miko 15 now in his final year (finishing Julvl, Nathan will have one more year (to July 20261, and assuming all goes well with Chloe (which it IS so farl, she will be with us for two more years (until July 20271 It has been a particular joy to see an enthusiastic group of volunteers help our junior choir throughout 2024 where we ended the year with around io highly committed regulars. In particular, the contribution of the junior choir singing at our monthly All Age worship means that this service continues to be the liveliest and best-attended service of the month amongst all our churches. Children's work at St Michael's has continued, although this is an area in which our small team would welcome additional help. Also at St Nicolas,, the School of Worship has continued, although this has changed format in that it leads worship for the monthly 4pm Communion service. At All Saints, a small group of talented musicians has led the music every week and this has greatly enhanced our worship together. The PCC thanks all our musicians, singers and organists who communicate the life and love of God so faithfully in musical expression. 3b Provision of sacred space for worship, prayer and contemplation as well as space for community activities. All Saints, continues to be very well-used by the community and also by groups organised by the church. Monday Company, Coffee Call-in and the monthly community lunch all serve the local community providing a warm welcome, refreshments and good company. The Community Coffee morning at St Michael's in the Parish Hall and the Living Room well-being café at St Nicolas, have each seen new people come along this year. We have had fewer concerts in 2024 than in 2023 at St Michael's but those we have had have been well- attended with the Pudding Party a particular favouritel All Saints, continues to be the best-used building by the community, and the Parish Hall has seen slightlv better use than previously. A heating and lighting group was formed in 2024 to begin the process of investigating options for replacing the aging and inefficient boilers in St Michael's and St Nicolas. It is hoped that the winter of 2025-26 will see a more reliable heating system in St Michael'sl
The PCC continues to be responsible for the maintenance of buildings within the parish and our thanks and gratitude goes to the churchwardens and their assistants who have worked hard with regard to ongoing maintenance and repair. The churchwardens, fabric report can be found in section 5 of this report. 3c Pastoral work, including care of the sick and bereaved The PCC supports a team of ordained and lay ministers who work to offer pastoral ministry to all who require it. This team visits people at home with communion when they are unable to get to church and takes a service of Communion each month in Southampton Manor although our service at Fernside Court ceased this year. The pastoral team meet regularly for updates. and prayer. The ministry team also undertakes pastoral work. including welcoming and preparing families for baptism, preparing couples for marriage, visiting the bereaved in preparation and planning for funerals and offering Pastoral care following a bereavement. 2024 has seen some changes to the ministry team. Our Ordinand, Yin-yin Bull was ordained Deacon in Winchester Cathedral in July 2024 and is servin8 her title elsewhere. Canon Norman Boakes celebrated his 50th anniversary of ordination as a Priest, and the parish was deli8hted to celebrate with him in September. A lon8er-than-anticipated absence of the incumbent due to sickness has meant that he, and our dedicated LLM, Malcolm Harper, have stepped in to take extra services and we are very grateful to them in particular for their faithful service this year. 3d Provision of Christian activities for all ages St Nicolas, has continued its inter-generational approach to worship at 4pm. Additionally, outreach family events were held on North Stoneham Park at Easter, Hallowe'en and Christmas, thanks to the vision and energy of Sammy jordan, our Licensed Lay Worker, and partnership with the North Stoneham Community Group. Hundreds of people took part in an Easter Egg trail. a Supper trail at Hallowe'en and a Christmas Tree Light switch-on with carols around the tree. The monthly All Age worship servlce at St Michael's has continued to grow and attract new families and this is supplemented with regular children's work, and contributions of the junior choir. Many of our drop-in events are highly valued by older people and we are delighted that the Living Room at St Nicolas, draws in a wide range of ages. In late 2024 and early 2025, the PCC undertook a consultation with the congregations about the admission of Baptised children to Holy Communion. A resolution seeking permission from the Bishop of Winchester for this step was passed at the PCC meeting in February 2025 and it is anticipated that children will be admitted to Communion at Easter 2025. 3e Promotion of Christianity through events, Tneetings, and the distribution of literatiire Our social media presence has suffered from the lack of someone to manage and maintain it, although we hope this will change in 2025. Worship continues to be live-streamed each week from St Michael's. Christmas 2024 saw more than 15W knitted, crocheted or wooden Christmas gift tree decoration5 "dropped. on North Stoneham Park and in Bassett. each with an invitation to Christmas services and events attached.
The Clockhouse has continued in 2024 as Sammy and Shaun Jordan completed their Myriad programme, although they will continue with the work and with a mentor. We had our first Baptism, renewal of Baptism vows and Confirmation in a joyful celebration at the YMCA in September as this new worshipping community took on a sacramental dimension to it5 life. A review group for St Nic's @ 4 has been established to address the issue of lack of capacity in the ministry team to lead this regularly, especially since Yin-yin's departure. A different format was attempted in the autumn of 2024, introducing a Christian Basics course, START, in the 4pm slot and while some people enjoyed the informal format, others found it difficult and have chosen to worship elsewhere. 3f Supporting charities in the UK and overseas Baslcs Bank and SCRATCH All three churches in our parish support either the Southampton City Mission Basics Bank or Eastleigh Basics Bank. Regular food donations have continued throughout 2024. At Christmas, we had another very good response to our Christmas Hamper and Toy Appeal. The PCC also supported Southampton City Mission financially this year from our UK mission giving. Myanmar We have remained in regular contact with our link Diocese, Hpa An, in Myanmar regularly praying for their activities there. We have sent funds to the Diocese's Karen Anglican Mission to the Border IKAM81 where much work is done with Myanmar refugees in the border region in Thailand. We regularly receive reports on how these funds are spent. 4. Flnancfial Revfiew Once again, we are very grateful to the members of the church congregations for their continued generous givin8. Income Total income received during the year amounted to £241,96712023.. £162,347). The main reason for the unusually large increase is £62,196 received on Completion of the merger with the Friends of St Nicolas. £53,171 of this sum is a legacy specified to be for replacement of the banner and repairs to the stonework of the floor. The remaining £9,025 has been credited to the St Nicolas Fabric Fund. Planned Giving via the Parish Giving and Stewardship schemes has seen an increase of 6.5% during the year to £68,7281£64,5231 before Gift Aid. The benefits to our cash flow and the reduced administration continue to be greatly appreciated. We received two legacies totalling £8,320 (previous year: nill- £3,1x from the estate of Dr Keith Kilburn and £5,320 from a donor whose identity is confidential although known to Us. Both legacies are for the benefit of St Michael's. Grants amounting to £9 I£I,CWI were accounted for in the year and we are very grateful to the following organisations for their financial support which included: Asda Foundation - £4(K) contribution to food for the North Stoneham Community Group's Christmas lights Switch-on event. The Richard Kirkman Trust- £5(K) for the benefit of local residents (this will be put towards the kitchen refurbishment at All Saintsl- We also received an annual £70 donation from the Commonwealth War Graves Commission.
Inve5tmentS Investment income was increased at £14.7581£10.7381. mainly due to the increase in bank interest rates on cash balances. Our investment portfolios increased in capit31 value by £2,8421£10,0481. During the year we withdrew £6.917 from our investment portfolio to correct a cash deficit in the St Michael's Music Fund arising from the piano purchase in 2022. A further withdrawal of £1,221 will be made in 2025 Ithis is delayed because one of our investments is in a property fund which has a six-month notice period). We also made the decision to separate out the Barbara Black legacy la bequest received in 2010 for the benefit of music at St Michael'sl from the St Michael's Music fund into an expendable endowment, after reviewing the terms of the original gift. The value transferred was £52,509, which is the current value of the original legacy. Rental income from our investment properties All Saints, Lodge and Old All SaintS', together with car parking fees at St Michaels, increased by 2% to £22.6781£22.3201. Cornrnunity Usage of Buildings- The income received from community usage ofour buildings saw a drop of 2.7% to £19,0311£19,5511. Expendlture Total expenditure during the year amounted to £177,3781£181,6651. Mlssion - We met in full our commitment to the Diocesan Common Mission Fund amounting to £60,7501£58,0321. We also donated £2,2 to Southampton City Mission to support the city's basics bank, and £2,200 to our mission partner, Karen An81ican Mission in the Border lon the Thai side of the Myanmar/Thailand borderl. UtllStles- The total cost of utilities was £17.4871£22.4951, a decrease of 22% driven mainly by falling gas prices. Looklng Forward We expect the refurbishment to the kitchen at All Saints to be completed this year. The budgeted cost is £32,000, which will be met through a combination of donations generated from the Parish gift day in March 2025, and donations and legacy funds received in previous years. We continue to research alternatives to the present gas fired heating arrangements at all our buildings as some are well overdue for replacement, inefficient and may not be repairable if they should fail. Further expenditure on buildings is expected to address the items identified in the QI reports and to develop our building in line to support our outreach and mission. General Fund - Reserve5 Policy The General Fund, which 15 Used for routine income and expenditure. generated a surplus in 2024 of £13,122. For 2025, we are budgeting a deficit of l£1.6311. The rnain reason for this that our Common Mission Fund request for this year is £70.108, an increase of over £IO,IXK). Our policy is to maintain a balance of free reserves Inet current assets), equivalent to three months of our budgeted General Fund expenditure. This provision is held to smooth out any fluctuation in our cash flow requirements and to also meet any emergency or disruption to our expected income. Our target reserve figure is currently £35,(KNJ. The balance of free reserves held at the year-end was £48,9071£49,9751, which significantly exceeds our target. As such, we intend to restore our General Fund reserves by transferring £12,(KJO to designated (but unrestricted) Parish funds. This leaves an excess of approximately £1,91J) which will cover our budgeted deficit for 2025.
Other Funds Designated Fabric Fund - We have continued to transfer £IO,O(X) per annum to this fund. These fund5 will be utilised on the anticipated works following the Quinquennial Inspection5. There was no expenditure from the fund this year, and it now amounts to £39.329. These funds will be utilised on the anticipated works following the Quinquennial Inspections. In the short term. this offsets the deficit balance of £31,972 carried on the St Nicolas, Fabric Fund following the completion of Phase I (funds received from the merger of the Friends of St Nicolas have also helped to reduce this deficit). We anticipate that the final instalment of the S106 grant from Eastleigh Borou8h Council will clear this deficit when received and provide funding for Phase 2. Parish Development Funds- These reserves are held on short term deposit accounts with banks and building societies. We have undertaken repairs to the perimeter wall at St Nicolas at a cost of £5,375, which has been funded from the Aline Ward legacy held within the restricted Parish Development fund. Full financial statements are provided from page 12 of this report. 5. Annual Fabric Report 2024 Annual Fabrlc Report- 2024 Prepared by the Church Wardens We are required to undertake a 5 yearly, Quinquennial Inspection lQll of our church buildings utilising a suitably qualified architect. The QI provides us with an up-to-date report on the condition of each building and recommendations on works which will be required immediately, or over the following 5 years. All Saints, Church Centre Quinquennial Inspection lQll.' took place in July 2024 Works undertaken durln8 2024. New pedestrian entrance to Winchester Road and external landscaping Major replumbing Works Outstanding Work arising from QI.. Refurbishment of kitchen - commencing April 2025. which will addres5 all urgent (category A.. requiring Ammediate ottentionj requirements of the QI and many of the cotegory B requirements (requiring attention within 12 monthsj. External redecorotion (Cotegory B requirement5) All Saints, Lodge The property has been let to a tenant since November 2022. Works undertaken during 202 Some fencing fell down during storms. A temporary fix was applied during 2024, with a full repair scheduled for 2025. Works Outstanding External redecoration St Michael & All Angels Quinquennial Inspection lQll undertaken= April 2021.
Work5 undertaken during 2023 Review of heating and lighting solutions were explored by the Heating and Lighting committee Wifi updated with SG router Repair to broken bell rope Leak above vestry entrance temporary repair Restored external noticeboard erected Works Outstanding Work arisingfrom QI Repairs to one of the stone buttress Cops on the south (Category B) Apply u 501or reflective coot to the 05phalt roofs (Category 81 Some internal and externol decoration (cotegories B and C) Repoirs to hopper and stoined-glass window of South Tronsept/antechopel and stonework. St Nlcolas Quinquennial Inspection lQll undertaken- October 2021 Works undertaken during 2024 Commonwealth War Graves signage approved by PCC and installed Replacement of broken monitor Repair to broken water heater Works Outstanding Work arising from QI.. Churchyord woll- completed eorly 20251Category A) There are several significant repairs that need attending to, funding for which we are owed by Eastleigh Borough Council as agreed funding for the North Stoneham Park project (Section 106 monies). Due to ongoing disputes between the developer (Highwoodl and the council, the money has not yet been released. The required works include: Repoir of the porch poropet ond buttresses fcotegory AJ Replocement to the boiler room roof (Category A) Improved lighting ond electricol infrostructure (survey commissioned eorly 2025) Minor internol ond externol decorotion Improvements to car pork, ond churchyord poths -undertoken eorly 2025 Parish Hall No work was undertaken. We are considering the future of this resource before recommending any further substantial expenditure. A sub-group of the PCC ha5 been formed to investigate the future of the Parish Hall. 6. Deanery Synod Deane S nod Meetin 2024 Links with the Church in Myanmar on 22nd May 2024 Paul Thaxted spoke about the positive power of links with the Church in Myanmar, noting that Diocesan link goes all the way back to 1894. He spoke about the challenges that the people of Myanmar, and the Church in particular face, with the oppressive rule of the Military.
Following on from Paul's talk the Chair proposed that the Synod adopt a resolution= 'This synod recognises the Diocesan link between Winchester and Myanmar, and in particular, the encouragement from Winchester for Southampton and Odiham Deaneries to develop that partnership. In turn, this Synod encourages Parishes in our Deanery to join in with this partnership for mutual benefit - by praying for, and walking with, the Church of the Province of Myanmar." The Synod voted, by a show of hands, in favour of the Resolution118 For. O Against, l Abstain). Archdeacon Jean introduced herself and past roles. She acknowledged it was a time of transition, with some healing still to happen. But we need to desire hope as we seek to be the Kingdom in this place. There is a lot of thinking going on about the strategy for the Diocese. going beyond Resource Churches, working with Estates, engaging Young People. supporting Anglo-catholic expressions to name but a few. Gwilym Stone fed back from the Diocesan Synod and reminded Synod that papers and minutes from Diocesan Synod are available on the Diocesan website and highlighted that elections to Diocesan Synod were about to happen. The next meeting on 17th October 2024 was about grant funding for projects. Jayne Tarry, Assistant Diocese Secretary {Parish Supportl discussed strategies for securing grants and fundraising for church projects. She emphasised the importance of aligning project needs with funder requirements, such as emphasising community outcomes. Frank Green shared his experience with securing lottery funding for St Denys. stressing the importance of community involvement and match funding. Action Item5 Share the slides from the presentation with Catherine. Members to invite Jane Terry to V15it the PCC to discuss grants and fundraising further. Explore the possibility of accessin8 funding from local wealthy individuals or family charitable trusts. So to understand more about grants, the ones more likely to succeed, the ones less likely, it did seem that church needing basic repairs fell into the less likely category, while toilets, kitchens etc and other, more community-based requests, fell into the more likely to succeed. During the presentation Jane Tarry mentioned that she gives parish support and said that she will come to PCC meetings to talk about grants, if asked to do so. Our new Bishop ofsouthampton, Rhiannon King was a very welcome 'coming' and there were no'goings,. Southampton deanery mission and pastoral committee was awaiting the new bishop, so nothing to report. Motion on National Financial Support for Church Buildings A proposal had been circulated to members. prior to the meeting. The Chair reminded members that this proposal had come out of the experience of many PCCS where there is urgent works needed to our church buildings in order to maintain collertive worship, mission and ministry- many do not have funds, nor can they raise 'matched fundinE' needed to attract major investment. The motion.. This Synod calls on the Church Commissioners to release a meaningful part of the inherited wealth of the Church of England to ensure that the inherited buildings of the Church of England are maintained in good order a5 enablers of. rather than barriers to. mission.
The Chair invited comment51 discussion prior to the vote. There were no suggested amendments. The Chair reminded those present that only members of the Synod were entitled to 'vote' The Chair asked for all those in favour to indicate by raising their hand, 23 for and there were no votes against. The motion relating to National Financial Support for Church Buildings wa5 approved to be sent to Diocesan Synod. 7. Volunteers The clergy and PCC would like to say a very big thank you to all the volunteers in the parish for their continuing support and hard work, much of which goes unseen. It would simply not be possible to achieve what we do achieve without the generous giving of money, time and tslent to the life of the parish. Thank you. 8. Future Plans The beginning of 2025 saw the approval of exciting plans to extend and upgrade the kitchen at All Saints, as well as carry out some work recommended by the Quinquennial inspection. We are very much looking forward to the arrival of a dishwasher to help with community lunch washing upl The admission of children to Holy Communion has also prompted interest in Confirmation from young people and adults and we have a Confirmation service planned for May 2025. It was announced (March 20251 that Revd Sheena Williams will be moving on to a post as a tutor in Sarum college supporting the training of LLMS and clergy and so the parish will be in vacancy from May 2025. Churchwardens and PCC will hope to count once again on the prayerful and practical support of all members of all our congregations while the parish awaits the appointment of a new incumbent. The PCC is delighted that all three church buildings attained the ECO Church Bronze award in 2024 and thanks the Eco church group for all their work. We hope to be able to move on to achieving Silver status Sn the future. We hope to being Phase Two of the St Nicolas, buildin8 project in 2025, or at least receive the funds owed by Eastlei8h Borou8h Council under the s106 agreement. 9. Administrative Information The Parish of North Stoneham and Bassett (comprising the churches of St Micolas. North Stoneham, St Michael and All Angels, Bassett and All Saints, Church Centrel is part of the Diocese of Winchester and our visitor and postal addre55 is The Parish Office. The Parish Hall, St Michael and All Angels, Church, Bassett Avenue, Southampton, Hampshire $016 7FD. Our Registered charity number is 1175931. The PCC met on six occasions in 2023. PCC Members and Deanery Synod Representatives are elected for a term of three years, unless replacing a member who has retired part-way through their term of office. PCC members who have served in 2024 are:_ CHAIR Revd. Sheena Williams CLERGY Canon Norman Boakes LICENSED LAY WORKER Samantha Jordan CHURCH WARDENS Roger Baker Helen Carmichel (Safeguarding Officer) io
DEANERY SYNOD REPRESENTATIVES Alan Logan120261 Leonie Hicks12026) Sue 8eare12026) MEMBERS OF PCC Andy Carmichael120271 Sarah Kuzan120271 Alison Ball120251 Roderick Anderson (Vice Chairl120251 Shaun Jordan120251 Robin Robson120251 Hazel Anderson120261 Alexandra Babbage120261 Sue Logan120261 Lynne Smith (until May 20241 Sandra Berry (until May 20241 Sarah Glanville luntil January 20241 Richard Wilcox Ifrom November 20241120261 Tom Pierce Ifrom November 20241120271 MEMBERS CO-OPTED Philip Clarke Ellie Barwick (from November 20241 The PCC Treasurer is Hannah Loftus. re.appointed by the PCC in May 2024. The PCC Secretary is Elizabeth O'connell appointed by the PCC in September 2024 Neither are PCC members and therefore not trustees. They attend PCC and Standing Committee meetings. 10. Structure, Governance and Management The method of appointment of PCC members is set out in the Church Representation Rules. All Church attendees are encouraged to register on the Electoral Roll and stand for election to the PCC. Safe uardin Safeguarding in the parish is part of the responsibility of pcc members. While it is everyone's responsibility to promote a culture of Safeguarding in our parish, as trustees, the PCC have responsibility to ensure that all policies and procedures are in place and up to date. A major piece of work was started and will continue with the introduction of new Church of England Safeguarding standards. The PCC is complying with their duty under Section 5 of the Safeguarding and Clergy Discipline Measure 2016, and has complied with its duty to have "due regard" to the House of 8i5hops' guidance in relation to safeguarding. Safeguarding policies are reviewed regularly to ensure that they are up to date and in line with the Oiocesan Guidelines and the parish is using the Church of England's Safeguarding Dashboard to monitor its progre55 in good safeguarding practice. The Parish Safeguarding Officer is appointed annually at the Annual Parochial Church Meeting. AII PCC members are now required to be DBS checked and undertake Basic Safeguarding training. Deane We currently have three lay parish representatives on Deanery Synod together with our Rector and licensed clergy. Deanery Synod provides the PCC with an important link between the parish and the wider structures of the Church. li
Standin Committee The Standing Committee is elected annually by the newly formed PCC. The Committee conducts ongoing routine PCC business and is chaired by the Rertor and includes the Churchwardens, the PCC Secretary and the PCC Treasurer. It has met on 5 occasions in the last financial year. Other Subcommittees As well as the Standing Committee we have other sub-committees and support groups to ensure that the PCC can make informed decisions for the whole Parish. The current regular and ad hoc working groups are the St Michael's Music Committee, the St Nicola5 Review Group, and the Eco Church group. These all report regularly to the PCC. Chari This year the PCC completed a formal merger with the Friends of St Nicolas which had for many years raised funds for the fabric of the church building at North Stoneham but whose committee was unable to continue this work. Funds have been received and are restricted to use at St Nicolas, and the merger has been registered with the Charities Commission. mer The PCC owes the Friends grateful thanks for all their work over the year5 and especially to the Chair. Nick Vaughan whose legal expertise was generously given to ensure the merger was completed correctlv. I l. Financial Statements Independent Examlnerfs Report ststement of Financial Activities Balance Sheet as at 31 December 2023 Notes to the Flnanclal Ststements 12
Indwndent Eurnlnees Rewtkn the parh thurth Councll olthe E¢¢1lasIkll P•rlth ofNorth Ston•ham and Ba$5ett I report on the annual accovntsof the PCC forthe year ended 31 Oecember 2024. whith are Set out on pa8es 13 to 23 Rw•rtl¥o respWft1e$ ofth• PCC the eX1fter The PCC Is responslble for the preparatlon of the acttyjnts. The PCCcon51dews that an audit Is not requlred for this year under sertion 144 of the Charities Act 2011 (the 2011 Artl and that an Independent examination Is needed. It is my responslbllity to.. 111 Examlne the accounts under sectlon 145 of the 2011 ACL. 121 To follow the procedures lald down In the 8en¢rnl dlrectlons afven by thecharlty Commlsslon under sectlon 14515llbl of the 2011 Aci,. and 131 To stste whether Pa¢&11 matters have con to my attentkm. My exarnlnatlon was carded out In accordance wlth the general dlrertlons £en by the Charfjty Commlssion. An examlnatlon Indudes a of the accountlne rerdS kept by the PCC and civnDarlson of the accounts Dresented with those records. It also Includes ¢crts6deratlon of any unusu•l Items or dlsclosufes In the accounts. and seeking explanatlons from the trust concernlng any such matter5. The procedures undertaken do not proylde all the evldence that wojld be fequlred In an audlt and coThseouently no oplnlort Is 8lven as to whether the accounts present a'true and falff vlew and the rewt15 Ilmitsd to those matter5 set out In the siement bekjw. Ind•p•nd•nt •urnlfi•n' tht•m In connectlon ¥Ath my examlnatlon. matter has come to my attenvon: whlth ifves me reasonable cause to bel that kn any materfal re5pe.tt the requlrements 141 Lu keep ètcountln8 records accordance wlth IJO of theCharle$ Act; and Ibl to Prepare accounts whkh accord wlth the a£¢ountln8 fecords and comply wlth the auountln8 requlrements of the Charfiles have not been met.or 121 to whlth, In my oplnlon. attention shouha be dra¥m In order to enablea proper understandln8 Qt the 4¢¢ounts to be readd. ver. F.CA Date.. 11 May 2025
THE PAROCHIAL CHURCH COUNCIL OFTHE ECCLESIASTICAL PARISH OF NORTH STONEHAM AND BASSE STATEMENT OF FINANCIALAcllviTIES For the year ended 31 December 2024 Unrestrltted Funds RerfCted Funds Endowmtnt Funds Total 2024 Totol 2023 Not INCOME AND ENDOWMENTS DonatlOn5 and legacies 21al 104.018 74,(9 178.027 102,027 Income frorn charitable activities 21bl 4.997 670 5,667 3.784 Other trading 19.143 1.161 20,304 21,473 Investment5 21dl 35.953 2.016 37,969 35,063 TOTAL INCOME 164,111 77,856 241,967 162,347 Expendlture on.. Charitable activities Raising Funds 31al 31bl 145.051 14,839 571 IS9,81 4,639 165,832 11,546 TOTAL EXPENDITURE 149,119 15.410 164,529 177.378 NET INCOMEIIEXPENDITUREI before Investment galn5 NET ILOSSESIIGAINS ON INVESTMÉNTS 14,992 62,446 77,43B 115,0311 1.619 1,223 10,048 Transfers in between lund5 Transfers out between funds 25.Cts) 125,OLKII 52.509 77,509 177,5091 96,684 196,6841 152,5091 NET MOVEMENT IN FUNOS 14,992 11.S56 53.732 80,280 14.983) Funds brought forward zt l January 2024 175.087 150.575 77.919 403,581 408,564 Funds carrled lorward at 31 Oecember 2024 19).079 162.131 131.651 483.861 403,581 The notes on p8ges 16 10 23 form pan ofthese accounts. 14
THE PAROCHIALCHUftCM COUIIOLOF THE EcaESIASTICAL PARISH OF NQRTTrI 5foMEHAM AND 8A55Err 8AIANCE SHEET AT 31 DK•mbEf 2024 2023 Flxul A5SEtS TanRlble assets In¥estnwts 36.7fJi 45,332 142,515 175,142 187,847 CurTeTht Ats OcbtOVJ ènd prepents Short term deposlts sh at ènd lfi hand 5,473 Z03,733 18.939 546 9.$95 315.601 228,145 LMILMES Cr•dltots: •mourtts f•Ulnidue yttr 112,4111 NET CUARE14T ASSErs
X719 215,734 TOT4L ASSETS ISSS CURAÉt4T U*AILmES 403,S81 rJ•dltorn'. am¢vJnts 14lllni due •ftv rm r4•r TOTAL NET ASSETS 3861 403.541 PAAISH FV14DS Unr¢strlct 12 QO79 175,087 Restrtrted 12 161131 ISO,575 End¢)vmient la151 81 77.919 dol.SAI Approved by the Parochlal Chur¢h Council and gned on Its behalf on Play 2025. Rev S Wllllarns (Aertorl The rtotes on pages 16 to 23 fom part ofthesè accounts. 15
THE PAROCHIAL CHURCH COUNCIL OFTHE ECCLESIASTICAL PARISH OF NORTH STONEHAM AND BASSE NOTES TO THE FINANCIAL STATEMEMfs For the year ended 31 December 2014 ACCOUNnNG POLICIES Basis of preparation The PCC is a public benefit entity within the meaning of FRS102. The financial statements have been prepared under the Charities Act 2011 and in accordance with the Church Accountin8 Re8ulatlOlls 2CK)6 governin8 the individual account5 of PCCS, and with the Regulations true and fair view. provisions, tO8ether with FRS102 as the applicable accounting standard and the 2016 version ol the Statement of Recotnmended Practice. Accountln8 and Reporting by Charities ISORPIFR510211. The financial Statements have been prepare(l under the historical cost convention except for the valuation ol investment assets which are shown at fair value. ASSETS Consecrated and benefl¢e property In $0 lar 3$ consecrated and benefice properry of any kind is excluded from the statvtory definition of 'charity' by Section 10121 lal and Icl of the Charities Act 2011. such assers are noi capitalised in ihe financial statements. Movèablt church fvrnlshln8S These are £apitalised at cost and depreciated over their useful economic life other than where insufficient cost information is available. In this casethe item is not capitalised, but all items are included in the Church's inventory in any case. TanBlble fixed a55ets for use by charlty These are capir31ised il they can be used lor more than one year. and cost at least £1,2Ch). They are valued at cost or else, for 8ilts-in-kind, at a reasonable estimate of their open market value on reteipt. Depreciation 15 calculated to write off the capitalized c05t ol fixed assets le5$ their currently anticipated residual lair value over their estimated useful lives as follows.. Land Fixtures & Fittin8S Plant & Equipment 5 to 10 years 5 to 10 years No depre¢iation is provided on buildings as the currently estimated residual value ol the properties is not less than their carrying value and the remaining uselul life of these assets curtlY exceeds 50 years, so that any depreciation charges would be immaterial. The fixed asset funil is an unrestritted fund (DESIGNATED- FIXED ASSETS). Where an asset has been purihsed uslng restricted funds, any income from the disposal of the asset will be credited against the restricted fund used to purchase the asset. An impairment review is carried out at each year*nd and any resultant loss identified included in expenditure for the year. Inve5tment5 InvestrnentS quoted on a recognised stock exchange or whose value derive5 from them are valued at market value at the year end. Other investment assets aTe included at the PCC'S best e5tirnate of market value. Short term deposlts These are held on deposit with the CCLA Church of England Deposit Fund or at a bank or building societv. The notes on page5 16 to 23 forrn part of these account5. 16
THE PAROCHIAL CHURCH COUNCIL OFTHE ECCLESIASTICAL PARISH OF NORTh STONEHAM AND BASSE NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 December 2024 leontinutdl ACCOUNTING POLICIES Icontlnuedl FUNDS Unrestricted Funds These represent the income funds ol the PCC that are available lor spending on the general purpose5 of the PCC. in£ludin8 amounts designated by the PCC for fixed a55et5 for it5 own use or for 5pendin8 on a future project and which are therefore not included in it's free reserves as disclosed in the notes to the accounts. Restrlcted Funds These are income funds that must be spent on restricted purposes aThd details of the funds held and retrirtions provided are shown in the notes to the account5. Endowment Funds These are restricted funds that must be retained as trust capital either permanently or subject to a discretionary power to spend capiral as income, and where the use OF any income or other benefit derived from the capital may be restritted or unrestricted. Full deiails of any restrittions are shown in the notes to the accounts. . The note5 on pa8e5 16 to 23 form part of these accounts. 17
THE PAROCHIAL CHURCH COUNCIL OFTHE ECCLESIASTICAL PARISH OF NORTh STONEHAM AND BASSE NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 December 2024 leontinutdl INCOME AND ENDOWMENTS Unrestrkted funds Restrlcted fvnds Endowment fvnds 2024 2033 21al Voluntary income Planned giving Donations & Collections Tax recoverable Other Grants legacies 79.342 6.368 17.738 360 2.656 77 62,196 79,702 9,024 17,815 62.196 970 8.320 77,003 6,105 17,lQl 748 1,070 570 8.320 104.018 74,Lk)9 178A127 102,027 21bl Incomt from thurth artlvltles Fee5 for weddin85 and funerals Other 4,997 4,997 670 5,667 3,544 240 3, 784 670 670 4.997 21cl Artlvltles for 8eneiatln8 funds Fundraisin8 events Hall and Church lett5n8s- community use Other 1.161 1,161 19,031 112 20,304 1,835 19,551 87 21473 19.031 112 19,143 1,161 21dl In¢ome from Investments Dividends Rent Interest 2.386 23.210 10,357 35,953 2.016 4A02 4,334 23,210 22,320 10,3S7 8,409 37.969 35,063 2,016 Total Income 164,111 77,856 241,967 162.347 The notes on pages 16 10 23 form part ofthese accounts. 18
THE PAROCHIAL CHURCH COUNCIL OFTHE ECCLESIASTICAL PARISH OF NORTH STONEHAM AND BASSErt NOTES TO THE FINANCIAL STATEMEMfs Foi the year ended 31 Dember 2024 Icontlnuedl EXPENDITURE Unrestricted Restricted Endowrnent fund5 funds funds 2024 2023 31al Church actlvitles Missionary and charitable givin8= -International -UK 2.2(X) 2.475 2,2ty) 2.475 2.025 4.675 4,675 4,025 Diocesan Common Mission Fund Parish Mission Cler8y and Staffing Churches.. running £OSts Churches.. major repairs & decoratlon Depreciarion Parish hall.. running costs Parish Ollice.. administration 59.410 676 24.310 37,606 59,410 60,750 3,912 30,590 44,804 7,329 5,747 5,297 3,378 2.ICK) 9,335 26,410 46,Yll 8.630 S.956 3.788 8,630 S,956 3,788 145,051 14.839 159,89) 165,832 31bl Ralsln8 funds Stewardship costs Fundraisin8 events Other PCC Property costs 41 34 S37 75 5J7 4,027 46 1,325 10,175 4.027 571 4,639 11,546 Total resources expended 149.119 15,410 164,529 177.378 The notes on pages 16 to 23 form part of these accounts. 19
THE PAROCHIAL CHURCH COUNCIL OFTHE ECCLESIASTICAL PARISH OF NORTH STONEHAM AND BASSE NOTES TO THE FINANCIAL STATEMEMfs For the year ended 31 December 20141(ontlnuedl ANALYSIS OF ÉXPENDITURE INCLUDING ALLOCATION OF SUPPORT COSTS Support costs have not been re-allocated a5 these were not material. PCC 8overnan£e c05t5 arnounted to Dil12023.. £nill. No fees were payable to the lThdependent Examiner in connection with his examination of the financial statements. 5. STAFF COSTS 2024 2023 Wage5 and salaries £22.670 £26.321 Average no. of employees The wages and salaries costs above include employer's National Insurance and Pension contributions, amounting to nil and £287 respectively. RELATED PARTIES Donation5 from related parties IPCC members and close famity members) amounted to £24,878. ANALYS15 OF TRANSFERS BETWEEN FUNDS Unrestrlrted From To IiO.O(K)I iO.(K 115.OC¥)I 15.C¥)O Re$trlcted From To Endowment From To From General Fund to D Fabric (provisn for repairs) From General Fund to D-Parish OeveloprneTht (to maintain reserves) From R-st Michael'5 Music to E-st Michael'5 Musit (creation of endowment fund) 152,5091 52,509 25,000 25,fy)0 52,509 52,509 The notes on pages 16 to 23 form part of these accounts. 20
THE PAROCHIAL CHURCH COUNCIL OFTHE ECCLESIASTICAL PARISH OF NORTH STONEHAM AND BASSE NOTES TO THE FINANCIAL STATEMEMfs For the year ended 31 December 20141(ontlnuedl Unrestricted Restricted Endowment Funds Funds Funds Total 2024 Totol 2023 Flxed assets Property Old All Saints- nominal value £1 Parish Hall - c05t PCC Minutes 24Jun1956 All Saint5 Lod8e- cost Finance Minute5 2Mar1963 6.173 3.247 9.421 6,173 3,247 9,421 6,173 3,247 9,421 Flxtures. flttlng5 and equlpment Cost brought forward Additions at cost Disposals at cosi 58.¢X$7 58,067 43,650 14.417 Cost iarried forward 58,1%7 58.067 58,067 Depreciation brought forward Depreciation on disposals Depreciation for year 22,156 22,156 16,409 8,630 8,630 5,747 Depreciation carried forward 30.786 30,786 22,156 Net book value at 31 December 2024 36.702 36,702 45,332 Net book volue ot 31 December2023 45.332 45,332 36,662 Investments Investment portfollos.. Market value at i January 2024 64.596 77,919 142,515 132,467 plu5 addition5 le55 disposals Revaluation gain Market value at 31 December 2024 52,$09 52,S09 159,4261 2,842 138,440 159.4261 1,619 6.789 1,223 131,651 10,048 142,515 CURRENT ASSETS- DEBTORS 2024 2023 Debtors Tax recoverable Prepayments and accrued income 650 1.621 4.951 650 1,621 5.189 1,467 924 3,082 238 7222 238 5,473 The notes on p3ges 16 to 23 form part ofthese accounts. 21
THE PAROCHIAL CHURCH COUNCIL OFTHE ECCLESIASTICAL PARISH OF NORTh STONEHAM AND BASSE NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 December 2024 leontinutdl Unrestrirted Restricted Funds Funds Endowment Funds Total 2024 Totul 2023 10. LIABIUTIES Llabllltles fallln8 due wlthln one year Creditors- Outstandin8 accounts payable Accruals PAYE outstanding Deferred income Agency collections 19131 13,9271 11.0871 17(KJl 19131 13,9831 11.0871 17301 11691 11,8531 18,8931 19551 16771 133) 1561 1301 11691 6.627 255 6.882 12,411 11. FUNDS Unrestrlcted.. General Fabric Ioesignatedl Parish Development IDesi8natedl Purpost: General purposes of the PCC Funds set aside lor planned work on our building5 Legacie5 and donation5 de5igThated for Parish Developrnent. Restrlcted.. North Stoneham Park Parish Development St Nicolas Fabric St Nicolas Flower Fund St Michael's Music Purpose: Mission in North Sioneham Park 1st Nicolas) Resiritted le8acies and donations for Parish Development Repairs and renewal of fabric of St Nicolas Flowers at St Nicolas Promotln8 the use of music in the worship and liturgy o15t Michael's Mission and Fabric- All Saints Endowment.. St Nicolas Lodge Purpose: Sale pro(eeds ol a curate's house held in trust, with income for the reli8ious and charitable purposes ol the Parish of North Stoneham and Bassett. Legary received for the enhancement of music in the worship at St Michael'5. St Michael's Muslc The notes on page5 16 to 23 forrn part of these account5. 22
THE PAROCHIAL CHURCH COUNCIL OFTHE ECCLESIASTICAL PARISH OF NORTh STONEHAM AND BASSE NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 December 2024 leontinutdl 12. SUMMARY OF FUND MOVEMENTS Unrestricted Restrirted Endowment TOTAL Funds brought forward Incomin8 resources Resources expended Investment gains Transfer between funds 175,087 164,111 1149,1191 150,575 77,855 115.4091 1,619 152.5091 77,919 403,581 241,966 1164,5281 2,842 1,223 52,509 Balance at 31 Oecember 2024 I.079 162.131 131,651 48361 13. SUMMARY OF ASSEfs BY FUND unle¢ted Restled Endowment TOTAL Tangible fixed assets Investments Current assets 36.702 36,702 138A40 315.601 6,789 155,597 131,651 160.004 Amounts falling due in one year Amount5 falling due after one year 16.6271 12SSI 16,8821 Balantt at 310ettmbtr 2024 190,079 162,131 131,651 483861 14. DETAILED FUND MOVEMENTS 8IFwd Intomlng resources Out8<>ln8 resources Transr$ & Inv 8alns Balancè 31 Dec Z024 Unrestrlrted.. General Fixed Assets (Designated) Fabric Ioesignatedl Parish Development IDÈsignattdl 49,975 45.333 29.330 50.449 163,611 1140,4891 18,6301 125,0001 48,097 36.703 39,330 65,949 10,000 15,000 SC Restrlcted.. North Stoneham Park Parish Development St Michael's Music St Nicola5 Fabric 12.617 121.675 57.427 142,0501 771 135 4LX) 62.121 4,601 10.095 638 14,0161 15,7531 15,5851 1171 9,001 178,043 5.553 131,9721 1,409 97 150,8901 St Nicolas Flower Fund 1381 Endowment.. St Nicolas Lodge St Michael s MUSIC 77.919 1,503 52.229 79.422 52,229 Balance at 31 December 2024 403.581 241.966 1164.5281 483.861 The notes on pages 16 to 23 form part ofthese accounts. 23