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 par￿h￿ thurth Councll olthe E¢¢1￿lasIkll P•rlth ofNorth
Ston•ham and Ba$5ett
I report on the annual accovntsof the PCC forthe year ended 31 Oecember 2024. whith are Set out on
pa8es 13 to 23
Rw•rtl¥o respW￿￿ft1e$ ofth• PCC the eX￿1fter
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 re￿rdS 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 si*ement 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 theCharl￿e$ 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 read*d.
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
Re￿rfCted
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
IS9,8￿1
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 A￿ts
OcbtOVJ ènd prep￿￿ents
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
la1￿51
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 cur￿￿tlY 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 De￿mber 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 (provis￿n 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
483￿61
13. SUMMARY OF ASSEfs BY FUND
unle￿￿¢ted
Restl￿ed
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
Trans￿r$
& 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