REGISTERED CHARrrY NUMBER: 1176928

PAROCHIAL CHURCH COUNCIL OF ALL SAINTS CATHERINGTON
Prlest-In£harge
& Intèrfm Traasuror.
The Reverend Rich8rd Hulchins
Catheringlon v￿arage
330 Catherington Lane
INateflcoville
Hampshi￿ P08 OTD
Ib7dop•ndont Examlner
Antony Rose F.C.C.A
96 Loxwood Road
L¢)vedean
P08 9TY

PAROCHIAL CHURCH COUNCIL OF ALL SAINTS CATHERINGTON
Annual reFrfyt
Independent ExaminerfsReport
7 onwards
Statement of Financial ActNities

PAROCHIAL CHURCH COUNCIL OF ALL SAINTS CATHERINGTON
AdmIniStra￿Ve infomiation
All Saints Church is srf(uated on Catherington Lane, Cathenngton, Watedooville. The Church is part of the
Di0￿Se of Portsmouth within Havant Deanery and the Church of England and fomis part of the United
Benefice (rf Cathenngton and Clanfield Separate PCC'S and finances are maintained by each parish
The Co￿espOndence address is:
Parish Office
clo The Vicarage
330 Catheringlon Lane
Catherington
Waterlooville
P08 OTD
The Parothial Church Council (PCC) Is a registered charity, number 1176928.
PCC members who have served In the period 1* January 2023 to 3181 December 2023 are..
Prfest in Charge (PCC Chair)..
The Revd Richard Hutchins
Assistant Curate..
The Revd Amanda Sim {from July 20221
Lay Reader.
Mrs Deborah Vears
Churchward8ns'.
Mr Joe Edwards
Mr Jason Peett (from the APCM)
Mrs Deborah Vears
Mr Joe Edwards (to the APCM)
The Revd Richard Hutchin8
Deanery Synod Representatives..
Interim Treasurer.
PCC Secretary..
Mrs Wendy Haxell
Electoral Roll Officer..
The Revd Angela Johnson
Elected Member8".
Mr5 Wendy Haxell
Mr Jason Peett
Mrs Katherine Peett
Mrs Nicola Ellis (from September 2023)
(plus 5 vacanGiesJ
(PCC Secretary)
Co-opled Members:
The Revd Angela Johnson
Page 1

PAROCHIAL CHURCH COUNCIL OF ALL SAIKfs CATHERINGTON
Structure, Govgmanco and Managemènt
The method of appointment of members of the PCC Is set out in the Church Representab"on Rules 2022. All baplised
church attendees are encouraged lo register on the Electoral Roll and stsnd for election to the PCC," we are starkn'ng
to see new member5 on the Electaral Roll amongst newer attenders at All Saints.
The PCC has continued to operate effethvety while hawng a numter of c2sual vacancies for el&ted members and
one deanery synod ￿preSentat￿e. The 9featest ongoing challenge is the sèarch for a dedicated Treasurer lo the
PCC. Unusually, the Pnest-ln-chafge has fulfilled the role of intenm Treasurer since the APCM In 2022., Ihis Is not an
ideal stalè of affairs and is On￿ manageable owing to the tr8nsparerry offered with online banknng and accounting
(using Xerol The filling ol the se¢ond Churchwarden robe by Mr Jason Peett has been very welc£¢me.
One specific area of g0veMan￿ that has not lacked in any regard is safeguarding. the presance of a benefice team
of three people across the two churches has created a robust Structu￿ that works well- evidence by the strong
status of the Parish Dashboards. This team deserve warm thanks for all of their effort in this vilal area.
Oblectlve and Actlvltlès
All Saints PCC has the responsibiltty of c(Foperating wilh the Pliest4n£h￿. in promoting in the ecclesiastical paris
the whole mission ol the church, pastoral, evangelistic, so¢ial and ecumenical It also has maintenance
responsibilities for th8 church hall.
The PCC confirm that they have referred to the gubdance contsined in the Charity Commission's general guidance on
public b8nefill when reviewing tha Chanty's aim$ and obpthes 8nd in planning fvture activitses.
A¢hl•vornonts and Performanc•
Church attendance
A$ at the APCM 2023. ther8 wère 88 name$ on the church Electoral Roll, of whom 31135%) W•Te extra-paro¢hial
This was a reduction of 5 Irf totsl from the previous year. Average Sunday attendance was 28 adults and 4 Childrèn.
which represents a small fall from 2022 flgures. this seems lo reflect altered pattem$ for worship. since a survey
carried out of attendees over a few weeks showed over 40 d(fferent attendees at the pnn¢ipal Sunday S&Nice150 of
other services are Included), with a minority of common attendees week by week.
Tho 1denlrflab￿ worshipping community has 9rown sllghuy in 2023. however the proportion of this communrty thai is
under age 18 has fallen from 32.fi to 22Vts (small numbets of children and Fdmilies moving elsewhere).
Th8 families area has cOn￿nUed to be a very t*neficial featu￿ of our Sunday seryices, with greater provision on the
111 and 3rd Sundays each month. Links wrth our local Church Sch(M)Is have become ever slrcnger, reflected in the
fullness of school services al key points in the year.
Messy Church has continued apace In 2023, with a small and eommrtted team providing this Benefice worship
provision al Sl James Clanfleld.
Review ofth& y98r
PCC Meetings wore held in January. March, May, July. September and November. wrth the APCM being held in May.
Overall attendance was 78. 5%. The Standing Committee mei in the intervening months to Sel the PCC Agenda and
eonducl routine PCC business betsveen meetings", the attendance rat6 for Standing Committso was 96%.
Our Title Curate, the Revd Amanda Sim. was ordained lo the Priesthocd at by Bishop Jonathan at Portsmouth
Cathedral on 24th June 2023 She has conbnued to contnbute a great deal lo the life of our church ¢ommunity. as she
h85 grown her ministy wrth us.
Anna Meacher has continued lo provrde exee11ent service as Parish Administrator, and compleled her
probationary period with aplgmb. A key event this year was the establishment of a Parish Office facility In the
Benefice, using the former Choir vestry al St James Church Hall", this has been a welcome move that has contn'buled
to the sense of Inlegnty in this Important benefice ministry. sethng the office up, we entered Into a lease
agreement for a capable pr1nter-photocop￿l. with a 5tapler-finisher included at no cost, and this has proved ils worth
nefit.rules-for<haribes aLLE58ed 22 ApA 2024.
Page 2

PAROCHIAL CHURCH COUNCIL OF ALL SAINTS CATHERINGTON
this year.
The 2023 serviGe pattem has remained the same as that of 2022, main services at All Saints at 9.30am most
Sundays On the second Sunday of the month there is an 8am Tradits"onal Language seNice and this provi510n is
shared over each month wtth St James Clanfield and Holy Tnnity Blendworth. ￿en there are 5 Sundays In the
month the 5th Sunday Is given to a Benefice service al 10am that generally alternates be￿een All Saints and St
James Clanfield - on those Sundays there will be an 8am service In whKhever church is not providing the 10am
setvice. During August the focus Is on gathering the church cA)ngregations to worship together as one over the
Summer Holiday penod, this aim is served by having 8 51ngle Benefice COMMUNITY Holy Communion service at
1 Oam for the Sundays In August. alternating belfftn the churches. In 2023 this provision was augmented w'lh an
8.30am 8CP Morning Prayer each Sund8y, which was appreciated by the attendees and eontinued on the 3m Sunday
of each month al All Saints. Online provision has contsnued In a very limited fashion throu9h Thought for the Day on
rnost Mondays and Thursdays.
The following occasional were conducted in 2023". 6 in18nt bapts'5ms, 5 weddings aftd 39 funerals {including
those at crematori8 and burials ol ashes).
The very strong re18tionships with local church schools conth"nue. wth Revd Hutchins fulfilllng the role of ex-offlcio
Foundation Govemor at Catherington Church of England Infanl S¢hool (CISI and Homdean Church of En9land Junior
School IHJSI-, he is ably assisted In the Foundation Govemor role by 2 PCC members from All Saints and one
member of Holy Trinity 81endworth. He routinety leads collective worship at both school, wlh Revd Sim leading Some
collective worships The ¢huTch buildings have hosted various school vlsils and serVI￿S during 2023, Including Year
3 from HJS for an Easter Visit. CIS for Easter, Summer (Year 2 leaveTsI and Christmas seryices lover 1000 parents
and children were welcomed lo school sefvi¢es for Christmas 20231. HJS Year 4 foi Trinity Day,. HJS Year 6 for a
Leaver's Holy Communion service. HJS Chrislrnas sefVi￿S and Kin9SCQUrt la local prep schooll for Iheir Christmas
Jarol seNice.
The established Toddle-on Group. ruft by Mothers, Un￿n members from All Saints Catherington and Si. James
Clanfield, has conbnued lo t)e very well attended each week A new 9roup called Ihho Let The Dads Out? la Care lor
th8 Family national ints"ative) has been started as a Benefice mission activty, hosted al All Saints Church Hall each
third Saturday of thè rmnlh since February 2023 This group for dadslmale carers and their young Ghildren age D
years lo School Year R, ha5 offered free play. craft and refreshments locally that has reached over 15 dads and their
little ones. A core group ol regular attenders Is stsrbng to fom, buikling relationships wf(h each other and with the
¢hur¢h Community. Another mission Initiative has been the engagement of the Revd Joy Windsor IHou$e for Duty
Associate Priest al Blendworth, Chalton and Idsworthl as a eonsultanl Horndean Missioner for one day per week from
Summer 2023 She had been identifying points of contact and people of peace In the Horndean area. with very frurtful
results, so that we can engage bgtter wrth the thousand$ of people that wa serve in this parish outside of the
immediate CalheT1nglon area.
The end of 2023 saw the departure of the Revd Vickie Morgan as Priesl-in-charge of Rowlands Castle, Blendworth.
Challon & Idsworth. and cross-licensed to CalheTinglon 8nd Clanfi'eld. ￿lIe waiting for the future of those fv40
benefices lo become clear, we continue lo work Very c105ety with Revd Windsor on shared mission matters relating to
Homdean. We are also enjoying an increasingly frurtful relationship with other churches in Homdean through
Homdean and Clanfield Churches Together, a new monthly prayer breakfast hosted in tum by eaeh ¢hurch has been
Instrumental in th15 regard.
Revd Richard and Diana Hutthins h8ve contrnued lo run the Illumin8 youth group. assisted by Revd Sim, meeting in
the vicarage on a monthly basu8 Thi$ Is a shared provisi)n wrth the panshes of Cowplain, 81endworth and Challon. 11
was decided to extend the age range so that young people moving Into years 10 and 11 ￿Uld contlnue to attend.
There are 6 youth attendees who Gome at different limes- we average about 4 youth per session.
The Bereavement Service was re-cast as s Blue Christrws servu which was offered in December 2023. The
change refiects that IheTe are many people who struggle at Chnstmas. not necessanty through 86reavernent. This
was a successful seNice that brought (xjmfort to many
Mr Joe Edwards is the Parish Safeguarrjing Officer. w01￿"ng with Mr Alan Gothard and Mrs Linda Stephens from St
James lo form the Benefice Safeguardlng Team Joe has taken a lead on training, Induding running guKled sessions
for people who were unable to cornplele online training on their own. Linda is the Safeguarding administrator and has
ensured that all relevant people Gomplete the required safeguardlng forms and DBS checks. Alan is the Safeguarding
Page 3

PAROCHIAL CHURCH COUNCIL OF ALL SAINTS CATHERINGTON
Officer for St James Church. All Saints Church operates urKler the Church of England Natsonal Safeguarding Policy.
Flnancial Revi•w
Based on the stste of capital reserves. All Saints Parochial Church Council is financially viable now, and we have
seen a slight increase in overall year end fund from ￿5t year. The Increase is mainly due to the strong perform8nce of
the main investment which 1$ a key element of sustainability al the moment", this has been bolstered by the welcome
bequest of lenanled land adjacent lo the church site Ipresenl value estsmated 8t £220.0001, which generates a
regular income and also created a one-off win(ffall of rentsl income from the penod before probate was granted on
the associated estate. As has been the case In the past, excess fund5 from the magazine account were transferred
and shared be￿een All Saints Catherington and St James Clanfield.
Utility costs have stabilised and the move to a new supplier for the church has been of substanbal benefrt In per unit
C051 terms. Rather than signif￿an1 reducing expendrture. this has allowed the healing lo be run for longer150 more
effeclivelyl In the latter part of 2023. The fittin9 of a smart electric meter to the church wll be helpful in assessing eost
pro*"les- a smart commerual gas meter Is awaited.
A5 h88 been st8ted in a number of previous years. the present reliance on investm&nt growth lo ￿et Operational
costs Is not a long-term sustainable posit￿n. Indeed. with ￿cent Pfogress on plans for a new heating system we ara
likely lo significanuy draw on the capitsl reserves to deliver this project Iwhich also aims to meet lighbng needs In the
church),
We are very thankful lo our rogular giv&rs. ether through th8 Parish Grving Scheme or by Stsnding Order Planned
givlng overall fell a small amunt again this year, counteracted by an Increase in collections and donatsons that
perhaps reflects 8 change In the nature of giving back Icwards plate collect￿n5. We will be engaging with the
National Stewardship Week In the future to focus on giving through regular and gift aid efficlenl mean8. The latter Is
an area for focus In the year ahead. as gift aid has not been daimed (other than in the Pansh Giving Schemel since
2020 as the arrangements for doing so were not dear. Thig has now been resofved and back claims will be
processed
We have been blessed with several grants.. Horndean Parish Council for Churchyard Mainlenance, East Hants
District Couneil and Hampshire County Council for replacement of a churchyard gats and renovation of the
churchyard path in the vicinity, and Portsmouth Diocese tchvards utility costs There is a small residue from an aaTlier
grdril towards Church Hall chairs from East Hants Dislncl Council, and this will be used in a planned replacement of
some of the hall chairs. We also received a generous donatKJn the HorrMle8n Voluntary Care Group towards our
mission (which is being applied to our Who Let The Dads Out? group)
We ar8 one of the recipients of a o)ntactless giving devlce as part of a national pilot project. This has already raised
over £300 whiGh we would probably not have received were contacuess donations not available. The ohurch h811 is
small net Gonlributor lo finances and there will be a ren84￿d fC￿S on gaining regular 8nd occaslonal bookings going
forward to Increase this cOntnbut￿￿
The long-lemi financial future of All Saints will only be secured when regular costs are mel by regular giving. This will
involve the growth of existing ¢on9regations and the development of new ones that meet the needs of our par15h We
are encouraged lo see new families becoming reguLgr attenders. utilising the new families, area in Ihe church lo good
effect It is noli¢eable that congreg8tion sizes a￿ small and the make-up of them changes week by week. Connecting
more effectivély lo the parish that we serve in Homdean remains a key aim and is a major thread in the Havant
Deanery Plan. We have invested a small amount of finance thts year to engage the Reverend Joy Windsor as a
Consultant Missioner lo help us make new connecbons with communty group.. the work is in its èarly days but is
already proving effeGlive. The &year aspirat￿n remains to meet most roub.ne running Costs linduding Parish Share)
from planned giving. and using fundraising to create an Income excess over expenditure to fund new mission
auivilie5 and Charitable gwing to causes ￿mMens￿rate with our church miss￿n.
The current financial situation creates inevrtable tension ￿tween prionts"es" there n*Js to be mission investment to
create avenues for the Kingdom growth that will delNer a sustsinable fvture for Al Saints: and there also needs lo be
investment Into the fabric of a precious and ancient chuTch building - for rts prese￿atrOn and also to make il more fit-
ft)r-purpose for the variety olworship in the 21* Century We have received our most recent Qinquennial Inspection
report after a substantial delay, and progressing the pnority works identified therein ￿ a financial priority foi 2024.
alongside the hearing project. Bringing the preparatK)n of annual a¢rA)unts 'in-house' this year helps with finanGial
efficieney
P8ge 4

PAROCHIAL CHURCH COUNCIL OF ALL SAINTS CATHERINGTON
ReseNes Pollcy
Why 8 Re8erve# Policy is necessary
To ensure tho Church Council holds sufficienl funds to meet tts Immediate needs and to promote new
developments.
To ensure the finances confom to the norn￿ sel by the Charity Commission.
Council members must be able to explain, and valKlate the reserves held by the church. The ￿SeNtS policy
must be deliberate, not acciden￿ or left lo chance.
t Is meant by 'ReServ￿,?
In this context the￿ are tsvo levels of Reserves Firstty Rese￿e$ can be defined as any free funds, or general
purpose Income They are resources held or can be made available to spend, for any or 811 of the church PUTPOS&S.
once il has m81 its commitments and covered other planned expenditure
At the second level. Reserves ar8 those frjnds that are ring-f8ntyJ to ensure that cornmrtments can be met
responsibly
Why arn RKarv•• n•¢é88¥ry?
The first level ol ReseTres provides a pool of general putwse nKJney lo help meet any shortfall be￿een anticipated
income, budgeted oulgoings and unforeseen expenditure. They will also be available lo fund new activities which
were not fore588n when the tsudget was prepared. or rf Incor￿¢1 assumplh)ns were made In p￿paring the bud98t.
The $o¢ond lev81 of Reserves are there to enable liabilrtEs lo be dtseharged in an orderfy fashion should the financial
State of the charity becoma unviable- this Includes su¢h provisions as ￿undancIes and paying ¢reditors.
What R￿0￿0* ar• h8ld?
Our main reserve Is held In the CBF Church of England Investments Fund A¢¢umulatson Shares with sm311er sums
held in three CBF accounts (Géneral. Fabric and Hall). the Goldsmith Gale Trust Fund administered through the
Diocesan Board of Finance wrth the CBF, and the Janus Henderson Global Equity Income Fund
In tems second lèvel reserves and unrestrlcted fvnds, the Intended reserves level is 6 months operating costs, to
allow for cost-savings to be made In an orderfy manner should the need anse. This level of reserve is readily
achieved presently through the capital held In main reserve- thk8 wll need lo be monitored closely as that caprtal is
Committed lo projects such as church heatrng.
Approved by the Parochi81 Church Counul on 29th May 2024 and signed on its behaff by the Reverend Richarrl
Hutchins
Rov
. Rtchard Hut¢hin$
PCC ChAlrnian

PAROCHIAL CHURCH COUNCIL OF ALL SAINTS CATHERINGTON
INDEPENDENT EXAMINER'S REPORT
TO THE PAROCHIAL CHURCH COUNCIL OF
ALL SAINTS CHURCH CATHERINGTON
Independent examlnaffs report to the tw$te￿ of The Parochial Church Councll of All Saint8 Church
Catheflngton
I report to the PCC members on my examinabon of the accounts ofthe pa￿￿h1"al Church Council of All Saints
Church Calheringlon for the year ended 31 D￿mber 2023.
R￿ponSIbilItIeS ind basis of report
As the members of the PCC you are responslble for the preparatKJn ofthe accounts in accordane4 with the
requirements of the Chartbes Act 20111'the ACVI
I report In respect of my examlnation of the PCC'$ accounts carr*d out under sectaon 145 of the Act and in
carrying out my examination I have follt)wed all applicable Directions given by the Charity Commission undeT
$8Clion 14515llb) of the Aci.
Independent oxamlnaff8 8tatem•nt
Slnce the PCC'S gross income exceeded £250,000 your examiner musl be a member of a body listed in section 145
of the 2011 Act. I confirm that l am qualified to undertake the exarninatron because l am a member of ACCA, which is
one of the Ilsted bodles.
I have completed rny éxaminauon. I confim that no material matters have come to my attenthon in connecbon
with the examlnavon giving ￿ ¢au8e to bell8ve that in any m8tenal resport
accounbng records were not kopt In re8￿t of the PCC as wuired by s&lon 130 of the A¢t'. or
2. the accounts do not accord with those recorrjs. or
3. the accounts rfo not comply with the applicable wuirements oJnceming the lom and content of
8ccounl$ $el out in the Charities (Accounts and Reports) Regulations 2008 other than any
requirement that the accounts give a true and tsir view which is not a matter considered as part of
an independent examinatson.
I conf5rm that there are no other matters to which your attention should be drawn to enable
proper understandlng of the acC￿nts to be reached.
Antony Ro
FCCA
96 Lowrnd Road
Wateilooville
Hampshire
P08 9TY
Date.. 31# August 2024
Page 6

PAROCHIAL CHURCH COUNCIL OF ALL SAlTrn CATHERINGTON
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 DECEMBER 2023
Unrestrle*d
G•Mral
Fund*
Unrestrictod
Designatèd
Fund¥
Restrictsd
Funds
Totsl
2023
Total
2022
INCOME FROM
Donations and LegMcAe¥
Church Activitiès
Activit￿$ for Genef8tinp F￿d&
Investment In¢Dme
244,643
17.747
16.972
151
2.794
247.589
17,747
16.980
24.264
17.072
12.546
364
2b
2c
2d
TOTAL
279.729
2.888
282.776
54,268
EXPE14DITURE ON
R8ising Funds
Ch￿r¢￿ Aelivities
Support Costs
30
9,757
75.389
1.247
9.757
79,7CN)
1,247
4,311
72,619
1,418
TOTAL
.703
74.035
Not oain8111088è81 on inv88tment$
28.885
28,885
12S,380)
NET IEXPENLXTUREIIINCOME
222,222
(1.423)
220,958
145.1491
Trnnsfer betsveen lundg
{4,3CKJI
Nvt mOVom•nt in funds
{4.1411
(1.4231
220,958
145,1491
RECONCILIATION OF FUNDS
Totsl fund8 brought fopMard'
255,764
7,120
9,129
272,013
317,162
TOTAL FUNDS CARRIED
FORWARD
482.288
2.979
7,7C
492,970
272,013
"Funds camed lorward have been r￿at8g￿1$ed this financial y8ar since there was no clear indic8tlon
why some Trfurbishmenl funds ware treated 8$ dasJgnat6d rather than restnct8d.
Page 7

PAROCHIAL CHURCH COUNCIL OF ALL SAINTS CATHERINGTON
BALANCE SHEET
AS AT 31 DECEMBER 2023
2023
2022
FIXEO ASSETS
Investments
Land
251,839
220,CrfJO
243.754
471,639
243,754
CLIRRENT ASSETS
Debtors
C&8h al b￿k gnd in hand
1.431
2.124
27,63
26,n9
29.783
CREDITORS
Amounts tslllng due wrthin on8 year
1,504
NET CURRENT A8SETS
21.331
28.259
TOTAL ASSETS LESS CURRENT
LIABILITIES
492,970
272,013
NFf ASSETS
492,970
272,073
FUNDS
G•noral Fund lunreBiricled)
Designated Funds lunrestriderfi
R¢8trited Funds
11
11
11
482,285
1979
2S4,279
13,138
4,596
492.970
272.013
Approved by ihe Parochial Church Council on 29° May 2024 and signed on its behalf by
Mr J03eph Edwards
Churchwarden and PCC Lay Vice Chair
Pa3e 8

PAROCHIAL CHURCH COUNCIL OF ALL SAiiifs CATHERINGTON
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
ACCOUNTING POLICIES
Basis of preparlng the financial statements
The financial statements of the charity, which is a public benefit entity under FRS102, have been
prepared in accordan￿ with the Charities SORP IFRS 102) 'Accounting and Rèporting by Charities..
Statement of Recommended Practice applicable lo charth'es preparing their accounts In accordance
with the Financial Reporting Slandard applicable in the UK and Republic of Ireland {FRS1021
(effective 1 January 20191,, the Charities Act 2011 and the Church Accounting Regulations 2006
The financial statements have been prepared under the historical cost convention with the exception
of investments, which ar8 included at market value.
The PCC members Gonsider that there are no material uncertainties regarding the charity's ability to
Continue as a going concern.
Income
All income is recognised in the Statement of Financial Activities once the charity has entillement to
the funds, it is probable that the income will be received and the amount can be measure reliably
Income has been classified under headings thal aggregate all incom8 related to the category. The
exceptlon is legacies of tangible fixed assets, which are induded as in¢ome at estimated market
value on receipt.
Expondltur•
Liabilities are recognised as expenditur8 as soon as there Is a legal or construdive obligation
commrtting the charity to that expendrtur8, It is probable that a transfer of economic benefits wlll be
required in settlement and the amount of the obligation can be measure reliably, Expenditurè 18
accounteij for on an accruals basis and has been dassffied under headings that aggregate 811 cost
related to the Gategory.
Tanglble fix￿ 888ets
Consecrated and benefi￿ property is not included in the accounts in accordance with S 10{21(a) and
(c) of the Charilies Act 2011. Other tangible fixed assets are included at èstimated market value.
No value 15 placed on moveable church fumishings held by the Churchwardens on special trust for
the PCC and which require a faculty for disposal since the PCC considers this inalienable property.
All the expenditur8 incurred dunng the year on consecrated or benefice buildings and moveable
church furnishings. whether maintenance or improvement. is written off as expenditu￿ in the SOFA
and separately disclosed.
Investments
Fixed assets investments are included 8t market value at the balance sheet date.
Realised gains and losses on Investments are catulated as the dtfference behveen sale proceeds
and their market value al the start of the year or their subsequent cost. and are charged or credtted
to the statement of financial activrties in Ihe year of disposal.
Unrealised gains and losses represent the movement in market values during the year and are
charged or credited to the statement of financial activrties based on the market value at the end of
the year.
Flnancial Instruments
The PCC only enlers into basic financial instruments transactions that rèsult in Ihe recognition of
financial assets antj liabilities like trade and other accounts re￿1Vable and payable, loans from banks
and other third parties and loans to related parts'es, and investrnents in non-puttable ordinary shares.
Page 9

PAROCHIAL CHURCH COUNCIL OF ALL SAINTS CATHERINGTON
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE YEAR ENDED 31 DECEMBER 2023
ACCOUNTING POLICIES (continued)
Debtors and cash at bank
Short term debtors are measured at transaction wce, less any impaiment. Loans receivable are
measured inilially al fair value, net of transaction costs, and are measure subsequently at amortised
cost using the effective interest method. less any impairment.
Cash and cash equivalents
Cash and cash equivalents compromise cash at bank and on hand, deposits with bank and other
short-term highly liquid Investments and bank overdrafts. In tha balance sheet, bank overdrafts are
shown within borrowings or ￿rrent liabilities.
Creditors and provigfjons
Creditors and provisions are recognised where the charity has a present obligation resulting from a
past evenl that will probably result In the transfer of funds lo a third party and the amount due to
settle the obligation can be measured or èstimated reliably. Creditors and provisions are normally
recognised at their settlement amount after allowing for any trade discounts due.
Fund accounting
Unrestricted funds can be used in accordance with the charilable objectives at the discretion of the
trustees IPCC).
Restncted funds Gan only be used for particular restncted purposes within the objects of the charity.
R6slrictions arise when specffied by the donor or when funds are raised for parbcular restncted
purposes
Further explanatson of the natu￿ and purpose of each fund 18 included in Ihe notes to the financial
stat8ments.
Page 10

PAROCHIAL CHURCH COUNCIL OF ALL SAINTS CATHERINGTON
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE YEAR ENDED 31 DEGEMBER 2023
INCOME FROM
Unrostrict
General
Fund$
unr￿trIct0d
Designated
FLknds
Totsl
2023
Total
2022
Fund•
2• Donatlons and Legacies
Planneil Gwing
Coll8ctions ènd Don¥iTon8
Income Tax Recoveratjle
Grant Income
Lega¢ie3"
13,317
8.204
1,822
13.4n
8,355
1,822
4,138
220,(X)O
14.333
7,1e8
1,785
1,000
151
220,C
244,643
151
2.794
24,284
Incomtr from Op•rntlonal Actlvitog ofth• ChrTty
2b Church Actlviti
F8¢8
Bells. Veig•r and Fbwern
12.518
5.229
17.747
12.818
5.229
17.747
16,903
189
17,072
2¢ ActlvltI￿ Ity G¥neY•ting Fund•
Mag92ine
Evènts
Church H811
Toa Fund
Land Rent
289
10.294
55
8.335
16,972
289
10.294
55
8.335
693
11,7es
80
12.548
2d Investment Incom•
Bank & C8F Fund Ini8re8t
Dlvldonds
285
81
379
81
283
81
TOTAL
279,729
2,888
282,n6
54.2e6
'Estim8t8d valuè of bequeathed land east olchurchyarrl
Page11

PAROCHIAL CHURCH COUNCIL OF ALL SAINTS CATHERINGTON
NOTES TO THE FINANCIAL STATEMENTS- contlnued
FOR THE YEAR ENDED 31 DECEMBER 2023
EXPENDITURE ON
UnTrstrlcted
General
Funds
Unrnstrtct¢d
D8signat4d
Funds
Restrlct•d
Funds
Total
2023
Total
2022
3A Raising Fund$
Magaiir*
Events
Church Hall
Contactless Glving
9,703
9.703
35
9757
9,757
3b Chur¢h ActlvltleB
Diocesan Charges
Clergy Exp8n808
Charita￿8 Givlng"
8optysm. Wedding & Funernl Gosts
Cost of Servic•s
Church Running Costs
Church Maintenan
Church Management & Admin
Mi$$itrn and Outreach
47,845
702
2.150
3.758
3,172
9.407
47.845
702
2.130
3.758
3,172
9.407
5.905
4,962
1.800
79.700
37.070
1.028
135
2.913
4,235
12,004
11,547
3.687
4,311
4.*2
75.389
4,311
72,619
3c Support Co*ts
Independent Exarnin*s Fees
Ac£ountancy F
1,247
1.247
1,418
1,418
1,247
TOTAL
4,311
90.703
74.035
SUPPORT COSTS
Total
2022
2023
Govornan￿ Co•ts
Independent Examinerf8 Fe88
Ch8ntabJ8 giving tspresents Magazin8 Funds tr8nsf8rr8d to St Jame8 ClanfEld in lina wrth previous
50/50 share practice.
Page 12

PAROCHIAL CHURCH COUNCIL OF ALL SAINTS CATHERINGTON
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE YEAR ENDED 31 DECEMBER 2023
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestrlcted
Goneral
Funds
Unrostrfcted
Deslgnated
Funds
Restrfcted
Fund8
TOTAL
2022
INCOME FROM
Donations and lega¢ies
Church aclivib'es
Activities for generating funds
Investment Income
24.284
17.072
12,538
24.284
17.072
12,54S
364
TOTAL
54.258
EXPENDITURE ON
Raising funds
Church Aclivrtl8S
69,835
4.200
74.035
TOTAL
69.835
4,200
74,035
Nel gainslllos58s1 on investments
125.3801
125,3801
NET {EXPENDITUREyINCOME
140.957)
14.192)
145,1491
Tr•n8for b•tw•en fund•
Nel movèm•nt In fund• .
{40.957)
(4,192)
145,1491
RECONCILIATION OF FUNDS
Tol•l lund• brought foThvard
295,236
17.330
4,596
317,162
TOTAL FUNDS CARRIED FORWARD
13.138
272 013
Page 13

PAROCHIAL CHURCH COUNCIL OF ALL SAINfs CATHERINGTON
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE YEAR ENDED 31 DECEMBER 2023
INVESTMENTS & OTHER TANGIBLE FIXED ASSErs
2023
2022
Market value as at 1 January 2023
Additions
243,754
279,434
Disposals
Unrealised gainsl(losses) on Investments
Market value as at 31 De(xmber 2023
(21,0001
28.885
251,639
(10,300)
{25.380)
243,754
All investments are held within the UK
Bequeathed land east of churchyard B induded at estimated market value of £220.OCHJ in 2023.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023
2022
Aged debtors
Other debtors
1431
1,388
736
1,431
2,124
CREDITORS: AMOUNTS FALUNG DUE WITHIN ONE YEAR
2023
2022
Accruals
1,241
700
1,241
Deferred Income
Aged Creditors
3.467
5.408
262
1,503
Deferred incom6 represents fees received in advance for wedding$.
2023
2022
Brought forward
Amount released to incoming resources
Amount deferred in year
Carned forwar(I
300
(300)
700
700
REMUNERATION
One person connected with the PCC has been paKI, or is payable, remuneration or other benefits
from PCC funds. Amounts paid to Mrs D Vears during the year to 31 December 2023 totslled £4,480
12022. £3,805)
Page 14

PAROCHIAL CHURCH COUNCIL OF ALL SAIIfft8 CATHERINGTON
NOTES TO THE FINANCIAL STATEMENTS- conllnued
FOR THE YEAR ENDED 31 DECEMBER 2023
10
ANALYSIS OF NET ASSETS BETWEEN FUNDS
Unrestri¢tad
Funds
D￿Ignal#d
Funds
Totsl
Funds
2023
Funds
Funds
2022
Fixed Assets
Current Asset5
Cufr$nt Lwbililes
471.839
16.054
5.408
482.285
471,639
28,739
5.408
492,970
243.754
29.763
1,503
272.013
2.979
2.979
7.7C6
11 MOVEMENT IN FUNDS
Atl.1.23
N•t
movement
In fund•
At 31.12.23
Unrnjtricted fund•
G6noFal fvnd
255.764
226,521
482.285
255.764
228,521
482,285
De$lgnatod lund•
Magmzints
Ball Tow8f
Hand Bells
5.188
1,210
742
{4,2921
151
875
1,362
742
7,120
(4,141)
2,979
Rostrlct8d Fund•
Rèfurbiahmènl
G￿nIS
EHDC Councillor IHall Chairs)
HPC Churchyard
HCC Churchyard Gate
EHDC Coun¢ilbr dyard path
(1,9101
8,938
81
20)
81
20
{1801
9.129
114231
7,706
272,013
220.957
492 970
Net movem8nt in funds. included in th8 above are as follows..
Trnn¥feT
twwn
fund¥
Incomlng
Resources
ReBovrcog
Expended
Galm and
108se8
Movement
in funds
Unre•trlcted fund
Genèral fund
279.729
188.392)
28,78S
22e.521
Dgslgnated lund¥
M898zine
B&ll Tower
Hand ￿11¥
14,300)
14,29
151
151
159
(43￿)
14,1411
R•8tMetèd Funds
Relurbi8hmenl
Grants"
EHDC Counallor (Hall Chaits)
HPC Churthyard
HCC Churchyard Gate
EHOC Counctlior dyard path
250
(2.1eA
11,910)
11.180)
(638)
1333
14311)
(180}
638
1.OC4)
2,888
667
11423)
TOTAL FUNDS
382.T76
.7C13
28.885
220.957
Page 15

PAROCHIAL CHURCH COUNCIL OF ALL SAINTS CA THERINGTON
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE YEAR ENDED 31 DECEMBER 2023
MOVEMENT OF FUNDS- continued
Comparatives for movèment in funds
At1.1.22
Net
movemant
in fund$
At 31.12.22
Unrp$tri¢t￿ funds
General fund
295.238
40,9
254 279
295.236
{40.9571
254.279
Dè81gnaied fund¥
Refurbishment
Magazine
Bell Tower
Yaid
Hand Bell8
14,21Y)I
13,8551
5,168
3,373
S.180
3,373
742
742
17,tsJ
(4,192)
13.138
R•8trlct&d Fund?
EHDC Councillors Grant
LSV
81
4.515
81
4,515
4.598
317,182
45.149
272,013
Net movement in funds. included in th8 above are as follows.
Tran8f•r
between
fvndl
In¢omlng
Re8ourwJ
G•ln• •nd
10••0¥
Mov•m•nt
In funds
Unre•trictsd funth
General fund
189,8351
135,6801
140,957)
De8lgn9t•d fund•
Refurbishment
89azl
B911 Tower
Hgnd B•lls
14,2iJ))
14.200)
14,21X))
14.1921
Restricted Fund8
EHDC Councillors Grant
LSV
TOTAL FUNDS
74.035
35,680
45,149
Paye 16

PAROCHIAL CHURCH COUNCIL OF ALL SAii¥fs CATHERINGTON
NOTES TO THE FINANCIAL STATEMENTS- Gontinued
FOR THE YEAR ENDED 31 DECEMBER 2023
11
MOVEMENT OF FUNDS (continued)
Designatsd funds
Designated funds are allocated by the PCC for the Bell Tower and Parish Magazine.
The formerly reported designated fund for refurbishment is in fact part of the restnd8d
Refurbishment Fund below- reporting this year has been clarified in this regard.
There is no longer a designated fund for the churchyard - some restncted lunds are allocated to
churchyard maintenance arising from council grants.
Eadier PCC decisions to designate specffic fijnds to heating improvements and provision of
broadband internet to the church from the hall were reversed in earlier years. These projects are sts"Il
ongoing and there are funds available to satisfy the requirement
Restrlcted funds
Restricted funds are.
Refurbishment Funds.. for the ￿fUrbI8hMent and improvement of the church building including
healing and lighting, this is ongoing. In previous accounts this was listed as the LSV fund bul
has b8en clarified for accounts reporting.
Grants. Hampshire County Council £838 19- Churchyard Gate and Path, East Hampshire
District Council £1000- Churchyard Gate aTrJ Path, Horndean Parish Coun￿1 £1000-
Churchyard Maintenance
Transfers botrween lund8
Transfers between funds are made lo cover any shortfall in restricted furKI8 8nd to move funds
betW8en designated and general accounts as required.
12
RELATED PARTY DISCLOSURES
During the year there were no related party transactions12022. £nil) - 2022 accounts r8ported
£3,849 reimbursement to Tru8tee8. however these were not related party trar)88Ctions.
Page 17