Parochial Church Council of St. John the Divine, Selsdon Annual Report and Flnancial Statements For the year ended 31 December 2024 Th• Ravd. Canon Youn18 Francls The Rectory Upp•r Se18don Road Se18don Surroy CR2 8DD Bank•rn CafCa8h Ltd Kings Hlll West Malllng Kent ME19 4TA Independent Examinor Mrs R Cos8in8 FCCA MJS Assoclat•$ Eagle House Cranleigh Close Sanderstead CR2 9LH Parochlal Church Council of SL John tho Divino, Selsdon Annual Report 2024 8a¢kground The PCC of St. John the Dlvlne has the responsibilty of c￿0Pera￿ng with tha incumbent. the Revd Canon Younis Francis, to promote in the 8cclesiasli¢al parish the whole mission of the Church, pastoral, evangalistic, social and ècumenical. 1181s0 has the maintenance responsibilrties for the Parish Chur¢h buildSn9s and the hall. The PCC meets regularfy lo discus8 m8tter8 artslng durlng the year. Repre8entstl¥•g ofth• D•anery Synod Mrs Helen Lishmund Dr. Robill Orchard Mr Stephen s￿kanth8 Mrs Susan Tilley El•ct•d Ihmb•r8 Mr Simon Archer f James Gordon M5 Alison Graham bhrs Jane Gugli8lm Mf lan Harfey Mr John Harri5 Mrs Alice Hlcks Mr Andrew Hicks Mrs Sarah Parsons Mrs Suki Pullock Mr Ken Sey Mr8 Gill Sharpe Mro Janice While M•mb•r•hlp Members of the PCC are ellher ex-offic40 or 818ct8d at th8 Annual Parochial Churd) Maeling IAPCM} in *ccordarKe wilh th8 Church R&pra$enlative ru16S. Rector The Reverend Canon Youn18 FranrA8 ommlilo9• Honorary Staff Th& PCC has a Slanding Cornrnittee this is the only committee requlred by law.11 has the power lo Iransacl the bu$ings5 of tho PCC b¢Wn m68lings. 8ubject lo any directions given by the Council. Th8 Revftrgnd MS¢hag1 Skinngr Thè Revefend Stephen Wright Peter Crocomb& SPA t)urlng tho year the followln9 Served a$ members ol the PCC. St, John Ihe Divlno has S￿eTaI commttt688 and sub-committees of the PCC. Some of whlch are mentioned below. Churchwarden8 Mrs Deborah Brown Mr Martyn Brown Building8 and Maintenance Commlllee Attends lo rnatters relating lo Ihe stewardshlp of plant such 88 Church buildings and f8tKiC, and the church ground$. D¢p(rty Chur¢hwarden$ Mr$ Judith Coleman Mr Andrew Hicks Mr Rob8rt Thornton Mrs Monlca Turton Hall Commlttee Oversees th8 runnlng of the hall, the de8nlng and maintenance. The PCC met seven times during the y8ar. The Electoral Roll IS 183. The Restricted Funds represenl over 50% of our asse16 this rnon8y is allocated lor Ihg repl8cemenl of the heating syslem in the church. We are still waiting for thè Faculty lo be granted lo enable u8 lo pro¢èed with tho instala¢Jon ol the new healing syslern. Unfortunately this has b9en ongolng fof over tsvo years. We finished p8w.ng off Ihe the loan from the Dioc8s8 in July. On behalf of the PCC Canon Youn1$ Fran¢l$ Recto¥ Page 2 Parochlal Church Councll of St. John the Divine, Selsdon Independent Examlner's Roport to Ihe PCC of Sl. John the Divine, Selsdon. Thi$ raport on th¥ financial ststements of th8 PCC lor the year ended 31 December 2024 which are 9el out hèrein is in respeci of an examination carried out in accordanca with thè Chur¢h A¢counting Regulations 20C6 I'th& Rggulations'l and section 43 of the Charits"es Act 19931.lhe Acri. R•8￿CtIv• rnspon8lbllltl8s of the PCC and th• •xamlnor A8 rnember3 olthe PCC you are responsible lorthe preparation ol the fi'nancial statements.. you consider that the audrt requirement ol Regulations and section 43121 of the Act do T￿1 8p￿y. It is my respon3ibility to issu• this r•port on Ihose linanrial statements in accordanca ￿th the terms of Regulations. Ba•1• of Indopondont examlnerf8 R•port My exarninats'on was caThied wt in accordatK¢ with tho General DirectHJns given by the Charitses Commission und•r seth'on 4317llbl ol the Act and lo be found in the Church guidanc•, 20[￿ edit￿n. That èxarnination Includès a review of tr• accounting records kept by the PCC and a compadson of the accountin9 records kept by the PCC and a comparison ol the account8 with those records. It also Indudes C￿91den￿g any unusual item8 or di8closuras In th• accounts and streking explanations from you as trustees ￿ncernIng any such matters. Th& pro¢edure$ undertgken do not provide all lh& evldence th81 would be reqvlred by an audit, and consequenUy I do not express On audrt opinion on th• vi•w given by ac¢ounls, Ind•p•nd•nt Ex•mln•rf• •t•i•m•nt In ¢onnèthon vAlh any examinallon, no matter has come lo my attonts¢n'. which give8 me reasonable cause to believ• that in any material r•sp•ct the requlrgmgnts - to k•ep aecounb.ng records in •c￿rdanCe wlth se¢kn'tsn 4101 the A¢t'. and - to prepare financial Statements which accord wth the accounting record8 and compty wlth tho requirgm8nl8 of the Act an¢) trie Regu18tion$ have not b•en met,. or 121 lo whlch, In my opinlon, attention Should be drawn In order to enab* o prop•r und•r8tandirrfJ ol Ihe accoun18 Its b8 rèached. Slgn8d.' k CC£441 Dat&.. It￿ Prf4'J zo£ Page 3 Parochlal Church Councll of Sl. John the Divine. Salsdon. STATEMENT OF FINANCIAL ACTMTIES l January 2024 lo 31 De￿mber 2024 Tot41 Fund# 2024 Tot•1 Funth 2023 Unrn•trlctod Fund¥ Rostrlct•d Funds Note INCOMING RESOURCES Voluntary Incom? Activrtk?s for gen8raln9 funds Incomo from Inve$trm•nts Churrth •ctivrti¢$ Othw Incomlng r8$our 21al 2(bl 21cl 21dl 2101 111820 53582 9194 4319 422 52007 6361 163827 59946 9194 4319 422 137778 51001 3185 e265 2602 TOTAL INCOMING RE$OVR¢ES IT9337 RESOURCES EXPENDED Cogis ol g•n6ratin9 ¥ohJnliry Incomfr Fund rakllng ¢￿ts Ch•rllabk* Aetwll*s MIDkntry 31al 31bl 31cl 31dl 4934 7213 140671 4934 7213 142353 5467 138828 1e82 TOTAL RE80URCE$ EXPENDED 54590 14787 NET RE80URCE8 BEFORE TFiANSFERS 2e429 $6689 83118 52953 NETMOVEMENTIN FUND8 568e9 83118 52953 BAL4NCES BIFWD 1 JANUARY 79474 122323 201797 148844 L4NCES CIFWO 31 DECEMBER 105903 17901 284915 17 Pago 4 Paf¢xhlal Church Councll of St. J¢hn tho Divinfr, Selsdon BALANCE 8HEET AS AT 31 DECEMBER 2024 2023 FIXED ASSETS te4 CURRENT ASSETS Debtor8 C8Ic8sh CLrnnl Accwnl £hurch D8P08its wih CCLA Note 5 527S 5481B 232230 292J24 53810 153158 211848 CURRENT LL181LmE8 Creditor8 due %41th1n on8 NET CURRENT A88ETS 7409 10051 IQ051 TOTAL ASSETS 284918 201797 R•wgMnt8d by Fund¥ Vnro$trfcléd Fund$ R061rtcted FuTrJ8 Not• 7 Note 7 105903 179012 21491 79474 122323 201797 Appro¥•d by th• P•ro¢hlal Chur¢h Coun¢ll on 25th Aprll 2026 •nd •lqn•d on h b•h•Mby: R•¥d fAnon Youn1• Frnnc PCC Ch•lr Pag• S Paro¢hlal Church Coun¢ll of St. John the Diving. Selsdon Not83 to the flnanclal statements For the year ènded 31 D•comb•r 2024 ACCOUNTING POLICIES The fi'nancial Statements have been prepared in accordance the Church Accountr"ng Regul8tlon¥ 2006 tcggther wilh applicable accounllng $landards and the SORP 2005. The flnanclal statements hove been prepared under the hlslorical c08t convention except for the valuation of investment 8SS818, whlch are shown al market Value. The financial statement8 Include all transacliong, assèt8 and liabilities for which the PCC is respon81ble In law. They do not in¢lude the gccounls of Church groups that owe Ihelr maln 8ffillallon lo another body, nor those th8t are infomial gatherings of church member8. Funds End¢)vm)enl fun¢Js, are funds, the capital of which mu8t be maintained.. only Income 8rf8irvJ from Inve8lmenl may be used either as re8lricl8d or unre5tfiCted fund8 depending upon th8 purpo8¢ for which the endowment was established. Restricted funds represent lal income from Iru$t$ or end¢)wmonl$ whlch ￿￿Y be expended only on those r$$lri¢t&d obj¢¢t$ provided in Ihelomis of the trust or bequest, and Ib} don811ons or grants racelved for a specific oblecl or Invlled by the PCC for a speeiflc object. The funds mgy only be expended on the speeiflc oblècl for which they were given. Any balance remalning unspent al the end of each year mu81 be carrfed forward as a balance on that fund. Thg PCC dog¥ not usually Invest separatety for each fund. Where Ih8rg ly no separ8to invoslment, Inter8sI18 apportioned to indiwdual fund8 on •n avgrage balance basis. Unre8tdcted lund8 are general funds whlch can b8 us•d for PCC ordlnary purpo8e8. Incomlng Re80urce8 Plann¢¢J giving, collections and donations 8re recognlsed when received. Tax r8fund8 are recognlsed when the Incomlng rasource to which they rolale is received. Grants and L8gacle8 arè accounted for when the PCC is legally entitled lo the 8mounls due. Dividends ar8 accounted for when receivable, Interest18 8ccrued. All other income is recognised when11 18 receivable. All incomlng resources are accounted for gros5. Resource8 Expendod Grants and donations are accounted for when p8Sd over, or ￿en awarded. if Ihal 8ward creates a blndlng or constructive obllgation on th¢ PCC. The diocesen par18h share Is accountèd for when due. Amount8 received 8pe¢ffi¢ally f￿ mission are dealt wllh as restrided funds. All other expenditure 1$ g¢ner•lly r¢¢¢gni¥ed when il is Incur￿ 8fKI is accounted for gros8. Pago 8 Parochlal Church Council of St. John the Divine, Selsdon Flxed Assets Conseclated anej ben8fi¢e Pfoperty is not included in the accounts in 8ccordance wlth section 9612llal of the Charities Act 1973 Movabl¢ ¢hurch furrti5hings held by the rector and ¢hurchwardens on speci81 tru$l for the PCC and whlch fequire 8 faculty for disposal afe inalienable propety, listed in the church's inventory, which can be in¥pecled , al any reasonable lime. For anything acquired prior lo 2000 there is insufficient C08t information av8i18ble and therefore Such as8fy1s are not valued in thè financial stat8m8nls. Subsequently no individugl item has cost more than £1000 $0 all expenditure has been written off when incurred. Equipment used wlhin the thurch premiseg is depreciated on a slraighl line basis over 4 years. Individu81 items of equipment wlth a purchasè price of £500 orlgss arè written off when the assetls acqulred. Investment8 are valued al markot value 0131 D¢¢ember. Page 7 Paroehthl Chureh Councll ofst John the Divlrn, So￿don R•slrfct Totthl 2024 Totsl 2ty23 Not• 2 WICOMING RESOURCES Fund• Z(ol Vdufiknry kn¢¢dM• Pknn•d Gfft DonaWOn* Tkx RÈ¢ovÈrnb Cc4Wons lt• O CREDITORS 1Q051 Not• 7 FUND8 OF THE PCC R••trlcl•d 2024 Tolal T•lal 2024 )OBOO 11QOO 306 450 10006 J8aOP St. JohTr'A ¢￿[ch R & M FuThJ Church Cloth Ro￿lT Fund 1W6 2796 2790 100 2795 A*¢￿￿1 OIKr1l￿ry Fund rr4lThlntyBuMry Fwd 100 00 792 290S4 12000 S1È01 RèpWrt*nt JJ597 105903 Pago 9