Parochial Church Councll of St Peter's Walton on the Hill Trustees and other informatlon Registered Charity number- l 176435 Prlnclpal Office The Vestry st Peter's Church Breech Lane Walton on the Hill Surrey KT20 7SD Trustees during 2024 Rev'd Harry Latham (Rector) Rev'd Leah Bales (Asst Curale- until Easter} Rev'd Karen Wheatley (from June) Tom Rhind-Tutt MBE (LLM) Chris Grayson (Churchwarden) Anne Edwards {PSO) Neil Williams (Deanery Synod) James Chatfield {Deanery Synod) Mo Atkins Vicki Leonard Olivia Rowntree (co-opted) Chrisse James (Treasurer- non voting) Nicola Glass (PCC Secretary- non voting from August)
PAROCHIAL CHURCH COUNCIL OF ST PETER'S WALTON ON THE HILL STATEMENT OF FINANCIAL ACTtvrrIEs For the year ended 31 De¢ember 2024 Cener] Re4trnted Endowmelrt Total 2tr24 Tot1 2023 INCOMING RESOURCES Voluntary income ActivitiE5 for generdtiog fim(ts Income from investmEt Jncorne from Church activities 21a) 2(b) 83205 324 10.142 35237 83205 324 10.142 35237 207,526 1,210 7290 37,720 4d} Totsl b)CDming re8•ureeB 128,908 128.908 253,746 RESOLRCES EXPENDED Church HctiTrities C4k8t of activities for 8En¢ratin8 fuDds Governance casL8 Depreiution 139.320 139,320 126,126 1,119 1,119 220 Totalr¢8ourcts ¢xpexded 140,438 140,438 126,346 Net {out8OiU8YinccMDing resouwes before exceptional income (11,531) (11531) 127.400 Gain11085¢8kn rEWdluati of investment assets: 2.120 3,414 12,920 (10237) 2.120 (8,116) 140,320 Balace brought fOnY * l Jonuary 2024 Balance carried fard at 31 December 2024 701340 111,394 813J34 673,014 091,703 113.514 805,218 813.334 Page I
PAROCHIAL CHURCH COUNCIL OF ST PETER'S WALTON ON THE HILL BALANCE SHEET AT 31 DECEMBER 2024 21r24 2023 Notr FIXED ASSETS Tangiblr Invest[]t 404,249 57,807 461056 4(K).873 56,513 457,386 ENDOWMKfff FUNDS ASSETS VE5tmetJ15 94.704 94,704 92,584 92.584 CIJRREFn ASSETS Dcbtors Short t deposit C&8h at ballk 10.758 84,050 160,616 255.425 4,397 84.050 181,491 269.938 LIABILITIES CrlitorS due in one)ry alld d¢f¢nEd in¢o]ne iyyr CURRENT ASSKTS 248.456 263,363 TOTAL NET 805.217 813,334 PARISH FLThDS Unwtricted g¢eral funds Untsignaled DlEDated Total UnrcstrictBd g¢ueral fimd8 EDdowmellt fid$ 289.012 402.691 691,703 113,514 805,217 299,249 402.691 701.940 111,394 811.334 Approved bythe Parochial Church Coull¢il on l ] 2025 and sign on its b¢half by. Harry Latham(Re¢torl K)L.Lo The notrs on pa8aq 3 to 6 fornl T*rt of thwe accou. Page 2
PAROCBIAL CHURCH COIJNCILoYsrpKrERIS WALTON ONTHE UILL 2D23 8lVi Giftwdknabw¢ J1269 15,680 &179 31269 10.6 9.180 10221 16th9 8,179 IQ815 17262 Fri¢th¢fStP¢ 17262 3,788 127.525 2D7 526 83205 2 (blkniYitie5 ibrV]tihr 324 324 1210 4J47 StPetqrF 4247 1.570 1.7S6 IQ142 iQ.142 72 Fee8T¢Gpivab 8971 (Jlurch haf4ndRtkLtill85 1.SfA) 22955 4J 37.719 24.740 24.740 35217 35 T•t Fun(b J RESOURCiS Exprf4DED itthje 8iVi 4.037 55.125 4.637 55.12S 5.TID 54.J69 2,592 IOJ78 4A22 12281 I21 orgatiiatdKIr 6,719 6.719 4.894 h8Uand flat 3.940 5ml Sl16 10230 282 4.744 3,1 170 9J42 1,470 4359 10230 Slmce BDokttyi gEfVhY4 4.74 3.1 4.170 9J42 1,170 4.359 4J30 3 J93 4,532 7,98C t4alqJp¢n5¢5 139J20 139 J20 14Q438 140.438 126J40
PAROCHIAL CHURCH COUNCIL OF sr prrER'S WALTON ONTHE IIILL Nlyrvs TO THE FtNANACIAL STATEMENfs for le ymr tad¢d 31 DeeEthr 2024 4TA14GIBLE FIXEDA&SETS Ld and 2024 Totsl voluAtK at31 D&embetWLI 400 40D.LW 4(h)MO MJld Ev& Co BS #31 (Xrx%Y20 BrDu8bt fwh%Yd IIV2024 AthJitM)rk cTi fwwprd3111Y2O24 7,3 6810 ID93 40L1.0 412J97 407903 44 l2J97 Dewwiation 7,030 6.810 220 7.030 C¥JTiffAforwd 311lW224 8.148 8148 NBva4at3IstDDb2O14 4249 400.( 404249 400873 56,513 1294 57,807 (bl Tko e¢dowmEnt fyJMI IwM¢wiiLsoftbeCBF IllyatFU. MakrfthlJarqwry2024 56.563 1295 57058 of dcBF F.uleI¥&t 1J*ww224 36.021 82J sknat31 D&Xth¥224 31846 2•23 GIftAid SChlL1t11ts9 4397 I037 10758 4397 Pog¢4
PAROCHIAL CHURCH coiJf4aLOF PETERs WALTthS ON HU 7 Fuf4DS ¢OIi]Ioiini¢A*theGwiofit4W At31 128.908 I.436 289.D12 400.L 1225 469( 701940 I28J8 691.7WJ Elldovmra fvnd8 63 1.2 82S 120 57.858 55.656 TLlola 813J34 128.SYJ8 140,438 J.414 5217
PAROCHIAL CHURCH CX)UNCIL OF TERIs WALTON ON THE HILL NOTES TO THE FINANACIAL sfATEMLN. TS for tke y¢ar ended 31 Deetmkn2•24 tonthiDed TM¢ble etcrat Totsi 8 ANALYSIS OF r4Er AS8Efs BYFiJND 245.765 303,572 4249 4249 [h¥ignal thd.EeehoTd 1225 1,466 248.456 1225 404249 710512 94.704 94.704 248.456 805217
PAROCHIAL CHURCH COUNCIL OF ST PETER'S WALTON ON THE HILL Trustees Rewl for Ihe year ended 31 December 2024 Trustees The trustees are noted above. Structure Governance and Management The Parochial Church Council of the Ecclesiastical Parish of Walton on the Hill is a regislered charity, wilh charity number 1176435 and is conslituted under the Parochial Church Council Powers Measures 11956) as amended and Church Representation Rules. The Parochial Church Council (PCC) has the responsibility to promote in the parish the whole mission of the church. pasloral. evangelistic, social and ecumenical. The PCC is also responsible for the maintenance of St Peter's Church Walton on Ihe Hill, and its church hall on the Green. approximalely 2CK)yards from the church. Objecllves and actlvllles The PCC remains commilled to the Diocesan Transformation Programme with its focus on the five objectives set in 207 9: Increasing believers and making disciples Growing youth and children's ministry Improving church buildings Encouraging generous giving Develop good communications This has been simplified into three headings by the Diocese. namety: Growlng Dlsclpleshlp Growlng Dlverslty Growlng Communlty Under D15clpleshlp we continue seeking to grow in Faith & Understanding as well os continuing to encouroge Generous Giving. Under Diverslly we conlinue to develop our Ministy to Young Families and Children through Liltle Cherubs and the AlkAge plus Family Sunday services. Under Communlty we continue reaching out lo Senior members through Cake and Conversation, the Open Group. and at Walton Heath Manor.
Flnanclal revlew The net movernent in unrestricted general funds forthe year endlng 315t December 2024 was a £10,237 deficit {a £8,117 deficit overall Including restricted endowment funds). This compares wlth a total surplus of £140,320 for 2023. Gross Income of £128,907 was significantly different to 2023 {£253,746) owln8 to a significant legary In the prior year. Total expenditure was £140,438 {£126,346 in 20231 wfch the most sl8nificant increases attrlbuted to church utilitles following the end of a ftxed rate deal, churchyard maintenance, curate support and legal expenses due to the introdurtion of a managing agent for the flat. The undeslgnated general reserves In December 2024 were £289,012 which equates to more than Ie1ve months normal expendlture and on that basisthe PCC considers itself to be a golng concern. Rlsk Management The Trustees have assessed the major risks to whlch St Peterfs is exposed and are satisfied that, under norrnal clrcumstances, these risks can be managed and mitigated to an acceptable level in its day to day operations. The Rertory Beech Lane Walton-on-the-Hill Surrey l(r20 75D Signed on behalf of the Trustees Date 2f Re¢d Harry Latham 11.k) L. Lu
Independent exam15 report lo the Parnthlal Churth Councll St Petsrfs Walton on the Hlll I report on the accounts ofthe PCC foithe yearended 31 December 2024. which are Set out on pages Ito6. Respective respon51billtles of trustees and examiner The PCC Is re5ponslble for the pParatIon of the accounts. Ihe PCC conslder that an audit is not required for this year under section 144 of the Charities Act 2011 (the Charities Attl and that an independent examination is needed. It is my responsibility to: examine the accounts under section 145 of the Charities Act, to follow the procedures lald down in the general Directions given bythe Charity Commission (under section 14515llbl of the Charities Attl, and to state whether particular matters have come to my attenOll. Basts of Independeftt examlnèrfs report My examination was carrSed 04rt in accordance with the general Directions given by the Charity Commission. An examination indudes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also include5 consideration of any unusual items or disclosures in the accounts and seeking explanations from the PCC concerning any such matters. The procedures undertaken do not provide all the evidence that would be quired In an audit, and consequently no opinion is gNen as to whether the accounts present a 'true and fairf view and the report is limited to those matters set out in the ststement below. Independent examlnerf5 Statement In connection with my examination, no matter has come to my attention: 111 which gives me reasonable cause to believe that in any material respect the requirements". to keep accounting records in accordance with section 130 of the Charities Act: to prepare accounts which accord with the accounting records and comply with the accounting requirements of the Charities Art have not been met; or 121 to which. in my opinion, attention should be drawn in order to enable a proper tsnderstsnding of the accounts to be reached. Peter Renshaw Greenaway Warren Drive Kingswood Surrey Kf20 6PZ