REGISTERED CHARITY NUMBER: 1181957
ST JAMES'S CHURCH, RYDE
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
Brlght Brown Llmlted
Chartered Accountants
ExchaD8e House, St Cross Lane, Newport, Isle of Wl8ht, P030 5B2

ST JAMES'S CHLIRCH, RYDE
CONTENTS
FOR THE YEAR ENOED 31 DECEMBER 2023
Page
Charity information
Trustees, report
Independent examlnor's report
ftecelp15 lind payments account
Statement of assets and liabilities

STJAMES'S CHURCH, RYDE
CHAR17Y INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2025
Addres5:
4 Market Street
Ryde
151p of Wi8ht
P033 2NG
Church Coun¢ll ITru$teesl.. Revorend l Leggett
Tricla Cotton
Jarnes Pontln
Peterwyatt
Flona Hunt
DavSd Ciipps
Roger Colman
Phllip Srnlth
Ashleigb Cuttress
Matt Ostler
eryl Wrlght
Nathèn Hassett
Chalrman
Secretary and Senlor Deacon
Asso£late Mlnlster IResl8ned 31 DecÈrnbÈr 2U231
Treasurer
(Resigned 26 April 20231
Senlor Oeacon
IResignèd 26 April 20231
IResl8ned 22 May 20241
(Appointed 26 Aprll 20231
Cha¢ity number:
1181957
Independent e￿mIner.
Gavin Kelly FCCA ACA
Brlght Brown ttd
Exch3nge House
5t Cros5 Lane
Newport
Isle of Wight
P030 56Z
Bankers:
Barclays Bank PIC
Lelcester
LE87 286
Lloyds Bank PIC
PO Box IDOO
Andover
BXI ILT
In5urer.'
The church 15 insured with the Etclesiastical Insurance Group. The premium
covers buildings and tontents to a totsl of £13,300,000 ernployef's liabillty to
£10,000,000, ènd public Ilability to £lO,O(K),000,

ST JAMES'S CHURCH, RYDE
TRUSTEES, REPORT
FOR THE YEAR ENDED 31 DECEMBER 2023
The tr￿st￿eS present their feport together with the financlal statements ol the tharlty for the yÈar ended 31 December
2023. The flnanclal statement5 comply wlth the charit¢5 govefnlng document, ChJrity Commlsslon 8uldants on rpcelpts
and payment5 accounts, and applicable law.
The le8al and admlnistr3tive Informatlon set out on page I forms part of thls report.
Constltutlon, objects and alms
A Church of England (CofEI Proprletsry Chapel slnce 1827, In February 2020 the Church Council (frusteesl of St James's
Church, Ryde voted to leave the ColE to seek episcopal oversight undér the govèrnance of the Artglican Mission In En&lartd
IAMIEI. The church rema￿n9 3 part of the 'Global Fellowship of Confessing Ahgllc311s' IGAFCONI and a place of worship
whereln the Protestani and Evangelical doctrlnes are taught aThd service5 are conducted In accordance wirh CofE practice
as laid down in the Book of Common Prayer, the Ordinals artd Homilbes. The Mlnister, the Rev'd James Leggett, is
employpd by the Church Coundl of St James's, Ryde. The appolntment of the Minister is the responsibility ol the trustees
of ihe charlty, 'The Chapel of 5t James, Ryde lexempt charity),, who have patronage for the 8enefice. The church also
employs 8n A550ciate Mini5teT, è Vouth worker 3nd an Administrator. The Church Council is 8uided by its Vision statement-.
Goal
God gives 10015
Gospel centered tasks
to 8lorify God In all that we do.
the 8ible and Prayer.
proclaim¢ng ChTlst, buildlng eath other up, sendlng out workers.
The use of the church buildingi includirnE the 31tached St James's Hall with church flat incorporated, Is governed by the
trustees ol The Chapel st Jaine5, R¥de' artin8 in their capacity as landlord, wlth the Chur£h Society acting as holijing
trustee of the chuich land and propertles, whlch include the Manse at 29 Mayfleld Road IP033 3PRI. The Church SDElety
is a conseNative evan8elical organisation concerned with maintaining the dOCtr￿fie and w015hip of the ColE and upholdin8
the sulllciency and authority of scrTrpture. More can be found at www.church50CIEty.ur6.
The church buildlng Is a non-consetrated, Grade 118 Listed buildlng located In the cèntre of Ryde and Incgrporate5 the
church offlce al 4 Market Street, Ryde, P033 2NG (tel.. 01983 5663811.
Strudure. Kovernan¢e and manalempnt
Sl James's Church, Ryde Is a Charltable Incorporated OrBanisation IC101 governed by Its Con5tilvtion, dated 12 February
2020 and mana8ed by the charlty's trusteos. In Practlce the charlty trustees are CDllertively ¥Èferred to as the Churth
CounciS.
The Constlturion provides that charlty trustees (Church Councll Mernbersl shall be.. Thè Minlster and Associate Mlnister,.
the two SeniDr Deacon5 elected at the annual 8eneral meotin8 IAGMI and up to 12 elerted trustees.
The Church CDuricll memiie.rs are elected at the AGM by members of the congregation who are on the register of Church
Members, referred to as the Elettoral Roll. Membefshlp ol the Church is open to any n3tural person who.. is baptised,.
professes faith in our Lord Jesus christ as God and 5aviour,' acknowledge5 the scrip*ure$ as being God'5 word and as the
final authorSty in all matters of bellef and conduct.. is in agreement with the doctrinal 8asis of Faith as lald down in the
Constltutlon., is 51Xteen years of age or upwards,. has habltually attended publÉc worship in St. James's (the CIO) during a
period of six months prior to enrolment and declares himself or herself either..
to be a tnember of the global Angllcan fellowshlp a5 represented by the Global An¥llcan Future Cunlerence
IGAFCONI and expressed by the Jerusalem Statement or,.
to be a member of Ihe Church ol En8land lor of a ch￿¢th in communion with the Church of Enelandl or..
to be a member in good standing ol a Church that 1$ not in communion with the Church of ED8land but belng
prepared to declare himself or herself 3 memb&r of the Church of England.
The Church Councll met ten times durin8 the ye?r, wSth an average attendance of 10 members, It dealt with all the allairs
of the church and recelvpd and con5ideied reports by suts-committees establlshed for Mlnistiy Lpadershlp, Flnance arsd
Mlssionary.

ST JAMES'S CHURCH, RYDE
TRUSTEES. REPORT
FOR THE YEAR ENDEO 51 DECEMBER 2023
Oble¢tlve$ and attivltles
St James's Church, Ryde seeks to advance the Christian laiih in accordance with the Basi5 of Faith as laid down in the
Constltutlon, prlmarlly bijt not excluslvplylo thp bp.nelit of the PEopIE of Ryde 3nd the rest of the151e of Wight.
The followlng purposes have been establlshed by the Church Councll to ensure ihat Church Ilfe ènd actlvltles are focused
on achiewing the object in line with the v¢sion'.
Generally advandng the iellgion,.
delivered through the faithful preaching of GOES'S word as 5ald down in the Bible, In the weekly Sunday servlces,
Sunday Clubs and Sunday Youth Broup mee(In8S,' the mld-week adult houge-groups and youth groups,
and the monthly prayer meetlngs where the work of the church is brought before the throne of gr3ce,
Provldlng a place of worship.,
dellvered by the provisSon of the nuessary services, facillties, and adminlsirative support. to ensure the
provision tsf a clean, sale, secure, accessible and wÈlcomins envirDnmefit the various worship a¢tivitFes,
Malntalnlng a bullding used for reliqlous purpose5.'
the Church Counc51 elected In 1993 to comply wlth the reguirernents of the CofE Consistory Court for
alterations and improvements to the building. its contents and fufDlShin8s. These requirements include
Qvinqueniii31 InspÈctSons of the bulldin8 and Archdeacon's Fahroc Visltallans. Thls Is no longer the ease slnce
the Church left the ColE and alternative arrangements are belng dls£ussed with the Chapel of St James Ch￿rth
trustees as owners of the buildin8.
the Church Coullcll hds estat)Ilshed a sm?11 maintenante team drawn from the Eongre8ètion to address mlllor
repalrs. using local contractors for larger work5
rEgular inspertions ol the building are carfied out and reports made to the Church Council.
CunduclirF8 religlou5 ceremDnies,'
Dellvered rhrou8h the provlslon of a m1n1s￿r and venue enablSng the tondutt of.. Baptlsms, Marriages and
Funerals,
Raising awaYene5s of religious beliefs and practices,.
• dellvwed through supporting the actlvitles of volunteers taking part in external activlties to ralse awareness of
the Chri5l?an Faith Jnd
support to the Glubal An8ll£an Future Conference IGAFCONI in standSnB for Blbllcal truth wlthin the Angllcan
Fellowshipj
Educatin8 people about religton;
delivered through a mixture of volunteers. the employed MSn15try Staff and external spe3ker5 te3chlng courses,
leading study Broup5 and delivering seminar5,
Pastoral Care & Outreach.,
dellverEd prlmarlly by thp Mlni5try staff supported by voluntEer5 provldlng pastoral supporL particulad¥ House
Group leaders afid,
bv encouraging fellowship oppo¥tunities to support each other,
by DUtrEdLh Hctivlties irito the lotal comrtiunltv,
by support for volunteers Involved In external actlvltles where those actlvitles contrlbute to the objects ènd
Pufposes of the Church Council,
M155*onary and Evangelical.,
dellvered thr(Jugh Ilnanclal, practlcal and prayer support to Mlsslonary Partners and Mlsslonary Agencles based
In Great Orit8iTr and Northern Iréland,
by dedlcated mlsslon servlces where the Chrlstlan message of love and hope Is proclalmed to the people of
Ryde,
by èvangelical rTheetin85 where the Christlan faith Is mède known.
• by 5UPPOrt to mission organisations operating in England and Wales,
by open alr witness in the streets of Ryde,
by sendln6 Out wort¢ers from the con8re8atlon Into the mlssion Ileld when opportvnlty arlses.

ST JAMES'S CHURCH, RYDE
TRUSTEES, REPORT
FOR THE YEAR ENDED 31 DECEMBER 2023
The Church Council15 aware ol the Char5ty Commlssion's guidance on publlc benefit as lald down In Th Advancement of
Religion IDr the Public Benefit" and have regard to It in the admlnlsrration 0¢ the Church. The Church Council believes that
by athievlng the mlsslon of tho Church through meeting the aforementloned objective5 It provlde5 benefit to the publ[£
Allowlngthe public to heal about the Christian falth through evangellcal mlssion and outreach..
to enable those who choose to attond the church to live out their faith through the faithful prÈachlng of God's
word.,
Sndivldual and communal prayer and partlcipation In worshlp ceremonles, e.g. baptlsm, weddlngs and funerals,
and;
the pèstoral care of thoge attendlng the church, afforrlln8 them splritU31 healtli aiid wellbeing and eoulppln8
them with the mental and Spiritual motlvations and moral afid ethic31 guldance necessary to b£ good
neighbours to the public at large and useful members of the community.
The church Countil Is responslble, inter alla, for the rnanagement and administratlon ol the Church financE5 and the care
and malntenance of the fabrlc of the thurch buildin85 and the manse and for any action or other matter refefred to It In
accordance with the Constitution.
Athlevements and PErformance- Ivllnlster's T￿Port
Ourtng the year. the congregation included an average of aPPToximately 100 adults and 20 ¢.hildren on a s￿nday. We
warmly welcome anyone, from any background to our Sunday Meeting5. We have marty vlsitor5 in the sthool holiday51
and increased numbers lor speclal services.
We have weekly sunday servlces at 10..30am and a lortnightly 6'.30pm sefvlce. The Lord's Suppèr is celebrated monihly In
the morning service and occa51onally at the evenlng tneeting.
Chlldrèn and Youth Groups
The lollowing children and youth grcxjps ran durlnB our Sunday 5ervlc*s-.
Sunday Tots IPre-Schooll. Sunday Kids Iprlmary School) and SundJy Youth IHlgh Schooll.
TherÉ is a Midweek Bible Study group
D15cipleshlp
The sm311 groijps that met midweek are An è.ssentlal part of the rnlnlstry at St. James's Church..
HotJ5e Groups- for any member of the church famlly. We have 8 grovps that meet fortnt8htlv.
Women on Wednesday IWOWI for any ladies in the church lamlly. The group *Meets in onè housè but splits
Into two group5. Thi5 gioup meets every week in the School temi.
Women Working 4 Christ IWW4CI- a group for ladles In ihe workp18ce, meeilnK approxlmately every 6 weeks.
Women'5 Breakfast- a Broup that meets 6 times a year to study the 8lble together,
MeTr'5 Bieakfa5t- an opportunity foi the men in the church to meet 6 limes a year for fellowship, outreach and
teaching.
Prayer &reakfast- a monthly meeting for fellowship at)d prbyer.
Monthly Prayer meetlnR- the thurch fam(ly come together to prayer for the church. country and our rni5sion
paftner5.
Evzngellsm
Perlodically through the year we presented the opportunity for people to explore the Chrlstian faith. This was done
through.. Chri5tianiiy Explored, and 3-2-1 course5. Variou5 services throu8hDUt the year are 8eared to explainin8 the
Chri5t12n faith clearly and simply.
A nev4 Outreach to the Ryde communlty was started In 2023. A Dnce a month meÉtlng lor lamllle5 on a Sunday afternoon.
Crafts, games, and food were laid on free ol charge. Each meeting would have a theme and a Bible activity. The year was
very encouraglng Wlth between 40-80 aitending Èach meeting.

ST JAMES'S CHURCH, RYDE
TRLISTEE5' REPORT
FOR THE YEAR ENDED 31 DECEM8ER 2023
Evangellsm Iconllnuedl
Therè is a well-establlshed toddler group that meets each Tuesday morning. Addltional meetlng has beèn tsfféred to
parents who would like to know more about Christianlty, Thi5 meEts for 45 minutes before the formal group.
2023 alsc sèw St. James's plant a new chuich In E. Cowes. The A550ciate Minister headed up thls plant wlth 7 adults and 7
children golng with hlm.
Volunteers
The church benefitled greatly from the tlme and support of many volunteers. Thls contribution cannot be ouanflfled
financially or in time. With a congregation of over 100 people, and just 4 members of staff, the vast fflajority ol task5 and
¢omThitfflent5 are carried out by volui)teer5 Sn the church family.
Mlsslon partners
The church 5UPPOrted six misslon partner5 seeking to share the good nÈws of jesu5 Ch¥1st in Yariou5 parts r)f the world.
Support for pach ol them Indudes prayer, encoJragement and financlal support.
Financlal revlew
Total Income for year amounted to £174,04612022.' £137,238) and expendSture amounted to £142,S3512022.. £174,912>
the overall surplus for the year amountgd to ￿],511 12022.. deficlt £37.6741. Last year's costs Included a substantia
Investment In the MaInten3n￿ of the church buildln& including a heating and Ilghtlng 5YStem that wlll PfovidE beneflts for
many years to tome.
Reser¥e5 poIIcv
The charity holds resètyes ITh ordèr to meet Its operatlonal and casltflow aeeds, provlde for the malntenance of the church
and buildin85 and Hs a contineency to cover any unloie5een CiTcumstance5. The overall reserves held at 31 December
arnounted ta £17S,701 01 wh*ch £77,721 were held for restrlcted purp05e5. and £15,011 are held as designated lor
expendlture on mlsslons, or at the mlnister'5 dlscretlon. Thls leaves Iree resÈrves of £82,969.
Stateme#t of trustees rOSPOhsiblMtle$
The trustees are responslble lor keeping proper accountln8 records whlch dlsclose with reasonable accuracy at any tlme
the flnènclal posSllon ol the tharity ind to enable thèm to pnsure that the flnanclal statements Complyw￿th Siatèments of
Retommended Practice and the re8uldtions mado under tlie Charitle5 Act 2011. They are also responsible lor
53feguarding the assets of the charlty and hence for taklng reasonable step5 lor the prevention and detectSon ol fraud and
other ￿rregularItIes.
Approved by the trustees and $18ned on their behalf by..
Oated..
13/101201
Dated,,
20YL1

STJAMES'S CHURCH, RYDE
INDEPENDENT EKAMINEA'S REPORT
FOR THE YEAR ENDED 31 DECEMBER 2023
I report on the accounts of the charlty for ihe yedr 31 DocombÉr 2023, sÈt out on pbBes 5 to 7.
Respectlw8 responslbll¢tles of trustees and examlner
The tru5tEe5 a￿ re5ponslble for the preparation ol the accounts. The trustee5 consider that an audit is not required for
this year under sertion 144121 of the Chèiittes Act ?011 Ithe 2011 Artl and that an Independent examlnatlon Is needed.
It is my responsibility lo..
examine the accounts under sectlon 145 of the 2011 Att..
to follow the pro¢edyre5 I3id down in the General Directlons given by thé Charity
Cornmlssion under section 14Sl5llbl of the 2011 Act,. and
to 5trlte whether particular matters have come to rny attention,
asl$ ol Independent examlner's report
My oxamlnation was carried out in accord3nce wlth the General DIrect1t￿5 glven by the Charity Ci)Fnmi55ioner. An
examination includes a rpview of the accountin8 records kept by the charity and a comparison of the actounts
presented wlth those records. It also Includps consideration of any uThu5ual item5 or disclosures in the accounts, and the
seeking of explanation5 from you as church officers C0￿Cerning any such matters. The prtt¢edure5 uTrdErtaken dD ￿fjt
PTovidp all the evidence that would be required in an audit and, consequently no opiniun is given ès to whether the
account5 present a 'true at)d falr vlew. and the report 15 Ilmlted to those matters sel out in the statement below.
Independent exarnlner'5 Statem•nt
n connettlon with my examination, no matter has come to my atteAtion'.
which 6lves me reasonable cause to b￿leVe that In any matersal respect the reguirernent5'.
to keep accounting records In accordance wlth 5e¢tlon 130 of the 2011 Act,, and
to prepare accounts whith accord with the ?¢countin8 recDrds and to comply with the accounting
requlfements of the 2011 Act have not been mot,. or
to whlch, Tny oplnlon. atteTrtSon should be drawn in orderto enable a proper understandlnl of the acc(iunts to
be reathed.
Ibl
Gavin Kelly, FCCA, ACA
Bright Brown Limited
Exch3nEe House
St Cross Lane
NewpDrt
sle of Wight
P030 SBZ
Date..
14

ST JAMES'S CHURCH, RYDE
RECEIPTS AND PAYMENfs ACCOUNT
FOR TME YEAR ENDED 31 DECEMBER 2023
uhre￿rIrted Restricted
funds
funds
Total
20Z3
Totsl
2022
RECEIPTS
Planned gtving
Donations
Plate oflerlngs
Investment Income
Youth Wofk
Legacies
Mission irkcome
Tlddlywinks
Church build5ng
Botskstall Income
Appe31s and gift days
Local outreach and evan8eli5m
Incumbents fund
110,483
5.066
2,687
667
110,483
5,066
2,687
667
10,000
5,238
2,093
730
7,406
iio
27,790
1,578
198
109,822
3,420
3,512
36
10,000
296
2,486
530
130
221
4,895
1,633
257
10,000
5,238
2,093
730
7,406
iio
27,197
210
593
1,368
198
TOTAL RECEIPTS
133,706
40,340
174,046
137,238
PAYMENTS
Stall £osts
Administratlon
ChLtrch running
Youth work Expenditure
Local outroach and evangplism costs
Mlssion expenditure
Tiddlywinks expenditure
Church building eKpenditure
Mayfield Road expenditure
8ook5tall
Pastoral support
Discipleshlp
79,726
5,175
18,243
12,755
275
2,713
883
1,302
3,515
92.481
5,450
20.956
93,292
4.538
19,204
607
1,540
11,073
688
37,139
4,436
114
886
1,39S
1.335
10,359
2,637
13,874
3.721
3,721
167
1.357
2(J)
167
675
200
682
TOTAL PAYMENTS
119.241
23,294
142,535
174,912
NET INCREASEIIDECREASEI IN CASH FUNDS
Tran5fer5 between funds
14,465
17,046
11,4301
62,105
31,511
137,6741
1,430
Cash funds brought forward
CASH FLINDS CARRIED
FORWARD
82,085
144,190
181,864
97,980
77.721
175,701
144,190
Approved by the churth officers and signèd on their behalf by..
Daled..
Dated:

ST JAMES'S CHURCH, RYDE
STATEMINTOF ASSETS AND LIABILifiES
A5 AT 31 DECEMBER 202a
Unrestrlcted
fvnds
Restrlrted
funds
Total
2023
Total
2022
I CASH FUNDS
Current account
Oeposit account
Tiddlywinks account
Petty cash
25,844
72,120
77,721
103.565
72,120
72,252
71.453
473
12
16
16
97,980
77,721
175,701
144,190
Restrlcted funds are funds received Dr collected where the expenditure is restricted to belog for a particular
purpose a5 pert ol the overall chafit3ble PUTPOSÈ.
Co$1
2 ASSETS RETAINEO FOR OWN USE
Churth heatin8 ond lighting
33,416

3 TRANSFERS BETWEEN FUNDS
Net
At
01.01.2023
movement
in yèar
At
31.12.2023
Tran5f*rs
Unr8Strlcted Funds
General Fund
Minister's discretionary
Minister's book fund
MissloD Alt*tude
Mlsslon Cr05511nks
Misslon Intew5erve
Mi55ion QM
M15$1on General
67,603
4.158
208
1,000
2,616
3.000
3.500
24,185
228
198
11,0001
12,6161
13.0301
13,5001
18,8191
82,969
4,386
406
1,000
2,616
3,000
3,500
103
1,000
2.616
3,030
3,500
103
82,085
14.465
1,430
97,980
Restrl¢ted Funds
Apprentlce & Youthwork
MlTrlster's discretionary
Ch￿rEh maintenance and refurbishmént
East Cowes church plant
Mission Cr05sllnks
Mission General
Min15ter's book fund
Appeals & Gift Days
Bookstall and Newspaper
Flower fknnd
Tiddlywinks
Sentors fund
Weeket)d Men'5
Alms lor the poor
Easter Bible ReadinB5
27,881
25.730
24,296
24,078
8,000
13,763
11,6521
8,000
13,763
384
1,630
4,104
790
261
251
481
284
62
169
78
1,583
14241
137fll
11,43UI
1,783
3,680
420
130
409
402
167
62
69
78
158
1791
iiooi
62,105
17,046
11.4301
77.721
144,190
31,511
175,7Ql