OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2024-12-31-accounts

The Parochial Church Council of the Ecclesiastical Parish of Amberley with North Stoke

Trustees’ report and financial statements

For the year ended 31 December 2024

The Parochial Church Council of the Ecclesiastical Parish of Amberley with North Stoke

31 December 2024

Contents

Reference and Administrative Details 1
Annual Report of the Trustees 2
Statement of Trustees’ Responsibilities 9
Independent Examiner’s report to the Trustees of the Parochial Church Council of Amberley
with North Stoke (the “Charity”) 10
Statement of Financial Activities 11
Balance Sheet 12
Notes 13

The Parochial Church Council of the Ecclesiastical Parish of Amberley with North Stoke

31 December 2024

Reference and Administrative Details

Trustees Mr Michael Boxford
Mrs Elaine Corbett
Mr Michael Davey
Mrs Melanie Edge
Mr Graham Elliott
Mrs Mary Leonard
Mrs Glenys Rowe
Mrs Rosalind Simpson
Principal Office The New Vicarage
School Road
Amberley
Arundel
West Sussex
BN18 9NA
Independent examiner James Peach FCA
Kreston Reeves LLP
Chartered Accountants
Springfield House
Springfield Way
Horsham
West Sussex
RH12 2RG
Churchwardens Mr Michael Davey
Mrs Melanie Edge

1

The Parochial Church Council of the Ecclesiastical Parish of Amberley with North Stoke

31 December 2024

Annual Report of the Trustees

The Trustees of the Parochial Church Council of the Ecclesiastical Parish of Amberley with North Stoke (the “ PCC ”) present their report and accounts for the year ended 31 December 2024.

Administrative information

The Ecclesiastical Parish of Parochial Church Council of Amberley with North Stoke is a charity.

The PCC is registered with the Charities Commission with registration number 1187780.

The address of the principal office of the PCC is The New Vicarage, School Road, Amberley, Arundel, West Sussex BN18 9NA, and its website is www.amberleystmichael.org.uk.

Trustees

During the year, and to the date of this report, the following served as members of the PCC:

Priest In Charge: The Reverend Gerry Burgess Retired 14 January 2024
No successor as Incumbent Priest had been identified at the time of this
report.
Churchwardens: Mrs Melanie Edge Chairperson from 24 February 2024
Mr Michael Davey
Members: The Reverend Gerry Burgess Chairperson until her retirement on 14 January 2024
Mr Michael Boxford
Mr Stephen Burgess Resigned 17 February 2024
Mrs Elaine Corbett Lay Reader
Mr Michael Davey Secretary
Mrs Melanie Edge Health and Safety Officer and Safeguarding
Officer
Mr Graham Elliott Treasurer
Mrs Mary Leonard Deanery Synod representative and Electoral Roll
Officer
Mrs Glenys Rowe
Mrs Rosalind Simpson .

Interregnum

On 14 January 2024, the Priest in Charge for the parish, the Reverend Gerry Burgess retired. With effect from this date, the parish entered a period of Interregnum with no Incumbent priest.

On 20 May 2024, a joint meeting was held of representatives of the PCCs of Amberley and the other three PCCs for the parishes which together comprising the Wildbrooks Benefice. At this meeting, a joint Parish Profile was adopted, and it was resolved to request that the Bishop of Chichester, as the registered patron, consider advertising the vacancy. This duly occurred in January 2025 and interviews of interested candidates are anticipated to occur soon. However, it remains unclear whether a replacement Incumbent will be appointed to fill the vacancy in the immediately foreseeable future as the Diocese is experiencing a shortage of qualified clergy and there are numerous other vacancies elsewhere across the County.

In the meantime, regular Sunday services continue, however, presided over by retired clergy from across the Storrington Deanery, by Lay Readers or by churchwardens as appropriate.

Structure, Governance and Management

The PCC is an incorporated body governed by the Parochial Church Council Powers Measure (1956) as amended and the Church Representation Rules (contained in Schedule 3 to the Synodical Government Measure 1969 as

2

The Parochial Church Council of the Ecclesiastical Parish of Amberley with North Stoke

31 December 2024

Annual Report of the Trustees (continued)

amended). Legally, the council is responsible for the financial affairs of the church parish and the maintenance of its assets, such as churches and church halls, and for promoting the mission of the church.

A PCC is the executive committee of a Church of England parish. The membership requirements for a PCC are prescribed by the Church Representation Rules and include the clergy and churchwardens of the parish, any members of the General Synod, diocesan synod or deanery synod who are on the church electoral roll of the parish, and representatives of the laity elected at the Annual Parochial Church Meeting. Parishioners are warmly encouraged to stand for election to the PCC who try to ensure a balance of skills and experience where possible.

The full PCC met either in person or by Zoom five times (including the Annual Parochial Church Meeting) during the year with a high average level of attendance. In addition, there was one resolution agreed by PCC email consultation during the year. The Annual Meeting of Parishioners was held on 20 April 2024.

– At the year-end, there were 56 parishioners on the church electoral roll (2023 58).

Aim and Purposes

The primary aim of the PCC is the promotion of the Gospel of our Lord Jesus Christ. The PCC has the responsibility of cooperating with the Church of England in promoting in the ecclesiastical parish of Amberley with North Stoke, the whole mission of the church, pastoral, evangelistic, social and ecumenical.

Objectives and Activities

The PCC:

The PCC fully recognises its obligations with regards to the House of Bishops' guidance on safeguarding children and vulnerable adults and has complied with its duty under section 5 of the Safeguarding and Clergy Discipline Measure 2016.

The members of the PCC confirm that they have referred to the guidance contained in the Charity Commission’s general guidance on public benefit when reviewing the charity’s aims and objectives and in planning future activities.

Achievements and Performance

a) Attendance at worship

Following the retirement of the Reverend Gerry Burgess retired on 14 January 2014, which was also the occasion of her last, and very well attended final service in the parish, the pattern of services in place before her retirement has been maintained. This includes at least two Holy Communion services each month, together with a more informal Café Church service and a weekly Morning Praise Service of the Word. This has been possible with the assistance of retired clergy, who have given generous and enthusiastic support, together with our Lay Reader,

The Parochial Church Council of the Ecclesiastical Parish of Amberley with North Stoke

31 December 2024

Annual Report of the Trustees (continued)

Elaine Corbett, the churchwardens, and on occasions Vicky Smith, Lay Reader at Pulborough. Our Sunday congregation averages about 22, a level very similar to 2023. Many more attend for special services, especially at Easter and Christmas.

We continue to offer a weekly email with notices and a precis of the weekly service which people who are unable to get to church can use at home.

We are fortunate to have a choir and organist who, with the addition of ‘regular extras’ , this year performed Vivaldi’s Gloria as well as the regular Christmas Carol Service, both of which were very well received.

Café Church continues to be popular, meeting once a month in the Church Hall for informal worship with coffee, cake, and opportunity for discussion on a wide range of topics.

The midweek service of Morning Prayer has continued with a small number of regular attendees and has been much appreciated. A service of communion with ashing took place on Ash Wednesday, followed by a simple soup and bread lunch in the church hall.

Outdoor services on Palm Sunday (with donkeys) and at Remembrance, kept short and welcoming to all, were attended by large numbers including several children.

By far the greatest attendance was on Christmas Eve, as the village Journey to the Crib once again ended in church with a live tableau, the Village Singers, and refreshments for the 150 or more of all ages who packed into the building and overflowed outside.

It has also been good to continue to hold services each term in the Church for pupils of the local Church of England Primary School, which have been well attended, particularly at Harvest and Christmas. The school children once again came to the War Memorial for Remembrance in November, and for a second year the school led a Christmas Carol Concert for families and the wider community. To round off the year, a very successful Christingle took place on the last day of term.

There have been six funerals or memorial services for people from the village community and four burials of cremated remains. Times of loss have seen the church packed with members of the local community, family and friends.

b) Teaching, baptising, and nurturing new and existing believers

During the year, we welcomed three children and one young person to baptism; of whom three were baptised by the Bishop of Chichester himself and one by the Archdeacon. There were also three weddings during the year.

Since our vicar retired, we have been unable to provide a priest to visit the primary school to take weekly Collective Worship. However, one of the churchwardens became a foundation governor at the Primary School during the year, helping to maintain links between Church and school and attending assemblies.

A Lent group was able to meet on zoom, including members from across the benefice. A small group has been meeting monthly for prayer and in the Autumn an Alpha course was run, which has led to a house group being started, aiming to meet twice a month.

In November the All Souls service was much appreciated and the Remembrance service in the churchyard was very well attended by a wider audience than would be seen more regularly at services.

c) Evangelism and outreach

The Parish Engagement Group (PEG) has continued to seek ways of serving the community and building links with those who may be at a disadvantage in some way.

Of note amongst the events organised by PEG and others were a stall in the Churchyard at the village Open Gardens Day, which was well attended by groups and individuals keen to learn from the success of St Michael’s in encouraging biodiversity. There was a guided reptile walk on the day, followed later in the year by a guided bat walk and a talk on swifts.

4

The Parochial Church Council of the Ecclesiastical Parish of Amberley with North Stoke

31 December 2024

Annual Report of the Trustees (continued)

Other PEG activities during the year included gifts at Mothering Sunday and Harvest, and another successful Christmas Stall in the Square.

Last year, a committee of local volunteers was formed known as the ‘Hallraisers’ to raise the income needed to fund refurbishment of the toilet and kitchen facilities as well as the remediation of the decoration of the Church Hall to bring it up to standard and make it more appealing and suitable for hirers. They have been very successful in fundraising and have drawn many people into a range of interesting events. The toilet works were completed in November 2023 and the kitchen works were started in early 2025.

We are most grateful to the small group of energetic and committed people who have masterminded or helped with these events, and to all who give their time to serve in so many ways in the church.

d) Provision of the church building for people to enjoy

St. Michael’s Church continues to be a place appreciated for its peace and quiet, where a well-used prayer corner affords the opportunity to leave requests or find words of encouragement.

Our many visitors from around the world also appreciate the history of the ancient building, which they can engage with via an audio guide using the Church Wi-Fi connection as well as written material.

The churchyard with its flourishing wildflower area is attractive and well-tended, providing a peaceful haven for villagers and visitors alike. Surveys of the flora and fauna have been extremely successful in demonstrating the value of this space for the community and for the environment. We are most grateful to all who help maintain this large area, whether regularly or in one-off working parties.

e) Provision of pastoral care for people living in the parish

Without a vicar it is more difficult to keep in touch with elderly and vulnerable members of the community and those recently bereaved and to provide practical, spiritual and emotional support. However, individuals from the church community do continue to provide support. The PEG group and CAMEO helpers once again arranged gifts of Mothering Sunday flowers.

f) Provision of tangible support to the poor and needy

Collections of food and other items have been made through the Church for Family Support Work which supports parents and children across Sussex, both at Harvest and periodically throughout the year. The invitation to provide Christmas gifts for families also met with a generous response from the wider village community. Both initiatives were actively and creatively supported by the Amberley Village Stores.

The Church has also continued its Community Larder initiative to provide food and toiletries for immediate needs in the local community and has organised a Community Food Hub distributing surplus food from supermarkets.

We have also developed good links with the Lorica Trust, which supports young people with a range of difficulties. Lorica provides their donkeys for Palm Sunday and the Christmas Eve procession.

Donations were sent from Remembrance Sunday to the Royal British Legion.

Financial Review

Results for the year

The PCC recorded an overall net income of £32,149 for the year as compared to net income of £804 in the prior – year 2023. Of this, Unrestricted Fund activity net income was £4,451 (2023 deficit of £325) and Restricted Fund activity net income was £27,698 (2023- £1,129).

5

The Parochial Church Council of the Ecclesiastical Parish of Amberley with North Stoke

31 December 2024

Annual Report of the Trustees (continued)

In summary, the movements for the year were as follows:

Unrestricted Restricted Unrestricted Restricted
funds funds funds funds
2024 2024 2023 2023
£ £ £ £
Income from donations and legacies 31,291 17,547 33,333 10,141
Income from charitable activities 19,484 600 16,974 200
Income from other trading activities, etc 2,005 12,083 1,896 6,763
Investment income 2,489
 618 1,533 403
Total income 55,269 30,848 53,736 17,507
Total expenses (51,011) (3,313) (54,790) (16,995)
Investment (losses)/gains 193
 163 729 617
Net income/(expenditure) 4,451 27,698 (325) 1,129

Unrestricted Fund activity

Unrestricted Fund income for the year rose slightly for the year to £55,269 compared to £53,736 in the prior year:

Unrestricted Fund expenditure for the year was £51,011, down on the prior year total of £54,790. Within this:

6

The Parochial Church Council of the Ecclesiastical Parish of Amberley with North Stoke

31 December 2024

Annual Report of the Trustees (continued)

Restricted Fund activity

Restricted Fund activity in 2023 and 2024 was dominated by the project to refurbish the Church Hall, an asset of community value. As discussed earlier, a committee of local volunteers was formed in 2023 known as the ‘Hallraisers’ to raise the income needed to fund refurbishment of the toilet and kitchen facilities as well as the remediation of the decoration of the hall.

By the end of December 2023, the efforts of the Hallraisers had raised income of £16,945 which allowed the first main body of work, the refurbishment of the toilet facilities including the addition of disabled facilities to be undertaken. This was completed in November 2023. Expenditure on the project up to 31 December 2023 amounted to £17,618, of which £673 was charged to Unrestricted Funds.

During 2024, the Hallraisers held various events which raised a net £8,930 including Burns Night and Bastille Day related evenings, sound baths, a scent soiree and a performance of Midsummer Night’s Dream. In addition, some £17,050 was received in grants from Action in Communities in Rural England, Horsham District Council, the Garfield Weston Foundation and Benefact Trust. The PCC extends its heartfelt thanks to these bodies for their generosity.

In total, £26,625 had been raised by the end of 2024, allowing the next stage of the Hall refurbishment work relating to the kitchen facilities to proceed in the first half of 2025. The PCC would like to thank the Hallraisers for all of their efforts and wish them well fin completing the project in 2025.

Activity in the other Restricted funds was minimal in both 2024 and 2023.

Funding position at year end

As at 31 December 2024, total funds amounted to £363,057 up from £330,908 at the end of 2023 due to the net income for the year discussed above. Of this, Restricted Funds amounted to £59,785 up from £32,087 at the end of the prior year.

Unrestricted Funds at year end were £303,272 slightly up from £298,821. However, these amounts include the book valuation placed on the Church Hall. Excluding this, Unrestricted Funds at year end were £71,975 as compared to £64,188 at the end of the previous year.

The PCC invests monetary balances with either the CBF Church of England Deposit Fund or in deposit accounts with High Street banks. At 31 December 2024, these monetary balances amounted to £138,695 as compared to £101,911 at the end of the prior year. This increase arose largely due to the increase in Restricted funds balances much of which will be utilised by the hall refurbishment project in 2025.

In addition, to the monetary balances, the PCC continued to hold some legacy investments in Chichester Diocesan Board of Finance and Church of England Central Board of Finance funds amounting to £16,006 up from £15,650 following an unrealised gain for the year of £356. (2023 - £1,346).

It is PCC policy to maintain a balance on Unrestricted Funds (excluding property) at a minimum of two months’ worth of average unrestricted payments as contingency against unforeseen situations. This balance has always been exceeded.

It should be noted that the most recent Quinquennial Inspection of the fabric of the church was carried out in 2020. As would be expected in maintaining a building of this historic nature, there are always matters of maintenance to be attended to, and the report detailed these. However, the report did not raise any sufficiently serious concerns that would require a significant project or expenditure to remediate.

7

The Parochial Church Council of the Ecclesiastical Parish of Amberley with North Stoke

31 December 2024

Independent Examiner’s report to the Trustees of the Ecclesiastical Parish of Parochial Church Council of Amberley with North Stoke (the “Charity”)

I report to the Charity Trustees on my examination of the financial statements of the Charity for the year ended 31 December 2024.

Responsibilities and Basis of Report

As the Trustees of the Charity, you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2001 (the “2011 Act”).

I report in respect of my examination of the Charity’s financial statements carried out under Section 145 of the 2011 Act and in carrying out my examination, I have followed the applicable Directions given by the Charities Commission under Section 145 (5)(b) of the 2011 Act.

Independent Examiner’s Report

Your attention is drawn to the fact that the Charity has prepared the financial statements in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their financial statements in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) in preference to the Accounting and Reporting by Charities: Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has been withdrawn.

I understand that this has been done in order for the financial statements to provide a true and fair view in accordance with UK Generally Accepted Accounting Practice effective for reporting periods beginning on or after 1 January 2019.

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

I have no concerns and have come across no other matters in connection with my examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached.

The purpose of my work and to whom I owe responsibility

This report is made solely to the Charity’s Trustees , as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. My work has been undertaken so that I might state to the Charity’s Trustees those matters I am required to state to them in an Independent Examiner’s Report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the Charity and the Charit y’s Trustees, as a body, for my work, or for this report.

James Peach, FCA for and on behalf of Kreston Reeves LLP Chartered Accountants Springfield House, Springfield Road, Horsham, West Sussex, RH12 2RG

Date: 12.04.2025

10

The Parochial Church Council of the Ecclesiastical Parish of Amberley with North Stoke

31 December 2024

Statement of Financial Activities

for the year ended 31 December 2024

Unrestricted
funds Restricted funds Total funds Total funds
Note 2024 2024 2024 2023
£ £ £ £
Income from:
Donations and legacies 2 31,291 17,547 48,838 43,474
Charitable activities 3 19,484 600 20,084 17,174
Other trading activities 4 2,005 12,083 14,088 8,659
Investments 5 2,489
 618
 3,107 1,936
Total income 55,269 30,848 86,117 71,243
Expenditure on:
Raising funds 6 (271) (3,153) (3,424) (175)
Charitable activities 7 (50,740)
 (160)
 (50,900) (71,610)
Total expenditure (51,011) (3,313) (54,324) (71,785)
Net gains/(losses) on investments 193
 163 356 1,346
Net income/(expenditure) 4,451
 27,698
 32,149 804
Reconciliation of funds:
Total funds brought forward 298,821 32,087 330,908 330,104
Net income/(expenditure) 4,451
 27,698
 32,149 804
Total funds carried forward 303,272
 59,785
 363,057 330,908

The Statement of Financial Activities includes all gains and losses recognised for the year.

The notes on pages 13 to 21 form an integral part of these financial statements.

11

��������������
��������������������
����� ����� ����� ����� �����
��
�������������
���������������� ��� �������� ��������
������������ ��� ������� �������
�������� ��������
���������������
�������� ��� ������ ������
������������������������� �������� ��������
�������� ��������
��������������������������������������
��������� ��� �������� ���������
������������������� �������� �������
����������� �������� ��������
��������������
������������������� ���
����������������� ���
������������

The Parochial Church Council of the Ecclesiastical Parish of Amberley with North Stoke

31 December 2024

Notes

(forming part of the financial statements)

1 Accounting policies

The Parochial Church Council of Amberley with North Stoke ( “PCC”) is an incorporated body governed by the Parochial Church Council Powers Measure (1956) as amended and the Church Representation Rules (contained in Schedule 3 to the Synodical Government Measure 1969 as amended). Legally the council is responsible for the financial affairs of the church parish and the maintenance of its assets, such as churches and church halls, and for promoting the mission of the church.

1.1 Basis of preparation of these financial statements

These financial statements have been prepared in accordance with the Charities SORP (FRS 102) - Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011.

The financial statements have been prepared to give a 'true and fair' view and have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a 'true and fair' view. This departure has involved following the Charities SORP (FRS 102) published on 16 July 2014 rather than the Accounting and Reporting by Charities: Statement of Recommended Practice effective from 1 April 2005 which has since been withdrawn.

The PCC meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy.

No amendments arising from the implementation of this Standard have affected the PCC ’s previously published financial position.

1.2 Income

All income is recognised once the PCC has entitlement to the income, it is probable that the income will be received, and the amount of income receivable can be measured reliably.

Income tax recoverable in relation to investment income is recognised at the time the investment income is receivable.

1.3 Expenditure

Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement, and the amount of the obligation can be measured reliably.

Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated based on time spent, and depreciation charges allocated on the portion of the asset’s use.

Expenditure on charitable activities is that incurred on undertaking the activities which further the PCC's objectives, as well as any associated support costs.

All expenditure is shown inclusive of irrecoverable VAT.

13

The Parochial Church Council of the Ecclesiastical Parish of Amberley with North Stoke

31 December 2024

Notes (continued)

1 Accounting policies (continued)

1.4 Tangible fixed assets and depreciation

Tangible fixed assets are capitalised and recognised when the future economic benefits are probable, and the cost or value of the assets can be measured reliably.

Tangible fixed assets are initially recognised at cost. After recognition, under the cost model, tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. All costs incurred to bring a tangible fixed asset into its intended working condition are included in the measurement of cost.

Depreciation is charged so as to allocate the cost of the tangible fixed assets less their residual values over their estimated useful lives, using the straight-line method.

The estimated useful lives are as follows:

1.5 Investments

Fixed asset investments are financial instruments and are initially recognised at their transaction cost, and subsequently measured at fair value, unless the value cannot be measured reliably, in which case they are measured at cost less impairment. Investment gains and losses, whether realised or unrealised, are combined and presented as ‘Net Gains/(losses) on investments’ in the Statement of Financial Activities.

1.6 Debtors

Trade and other debtors are recognised at the settlement amount after any trade discount offered.

Prepayments are valued at the amount prepaid net of any trade discounts due.

1.7 Cash at bank and in hand

Cash at bank and in hand includes cash and short-term highly liquid investments with maturities of three months or less from the date of acquisition or opening of the deposit or similar account.

1.8 Liabilities and provisions

Liabilities are recognised in the balance sheet when there is a present legal or constructive obligation arising as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably.

Liabilities are recognised at the amount that the PCC anticipates it will pay to settle the obligation or the amount received as advanced payments for the goods or services it must subsequently provide.

Provisions are measured at the best estimate of the amounts required to settle the obligation. Where the effect of the time value of money is material, the provision is based on the present value of those amounts, discounted at the pre-tax discount rate that reflects the risks specific to the liability. The unwinding of the discount is recognised in the Statement of Financial Activities as a finance cost.

1.9 Financial instruments

Other than investments, the PCC only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value.

1.10 Fund accounting

Unrestricted funds are available for use at the discretion of the Trustees in furtherance of the general objectives of the PCC and which have not been designated or otherwise restricted for use for other purposes.

14

The Parochial Church Council of the Ecclesiastical Parish of Amberley with North Stoke

31 December 2024

Notes (continued)

1 Accounting policies (continued)

1.10 Fund accounting (continued)

Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the PCC for particular purposes. The costs of raising and administering such funds are charged against the specific fund. The aims and uses of each restricted fund are set out in the notes to the financial statements.

Investment income, gains and losses are allocated to the appropriate fund.

2 Income from donations and legacies

Unrestricted Restricted
funds funds Total funds Total funds
2024 2024 2024 2023
£ £ £ £
Planned giving 12,315 - 12,315 13,160
Income tax recoverable 5,281 - 5,281 6,129
Collections at services 7,905 - 7,905 7,609
Legacies - - - 609
Gift days, sundry donations and appeals 5,790 497 6,287 5,611
Grants - 17,050
 17,050 10,356
Total 2024 31,291 17,547 48,838
 43,474
Total 2023 33,333 10,141 43,474

3 Income from charitable activities

Unrestricted Restricted
funds funds Total funds Total funds
2024 2024 2024 2023
£ £ £ £
Church fees received 5,468 600 6,068 4,721
Church hall lettings 3,200 - 3,200 2,134
United Benefice cost recharges (140) - (140) 1,411
Parish magazine 10,956 -
 10,956 8,908
Total 2024 19,484 600 20,084
 17,174
Total 2023 16,974 200 17,174

15

The Parochial Church Council of the Ecclesiastical Parish of Amberley with North Stoke

31 December 2024

Notes (continued)

4 Income from other trading activities

Unrestricted Restricted
funds funds Total funds Total funds
2024 2024 2024 2023
£ £ £ £
Fundraising events 1,967 12,083 14,050 8,398
Other income 38 -
 38 261
Total 2024 2,005 12,083 14,088
 8,659
Total 2023 1,533 403 1,936
5 Investment income
Unrestricted Restricted
funds funds Total funds Total funds
2024 2024 2024 2023
£ £ £ £
Interest receivable 2,489 618 3,107
 1,936
Total 2023 1,533 403 1,936
6
Expenditure on raising funds
Unrestricted Restricted
funds funds Total funds Total funds
2024 2024 2024 2023
£ £ £ £
Fundraising costs 271 3,153 3,424
 175
Total 2023 175 - 175

16

The Parochial Church Council of the Ecclesiastical Parish of Amberley with North Stoke

31 December 2024

Notes (continued)

7 Expenditure on charitable activities

Unrestricted Restricted
funds funds Total funds Total funds
2024 2024 2024 2023
£ £ £ £
Missionary and charitable giving 251 - 251 658
Diocesan parish contribution 16,000 - 16,000 16,000
Other clergy costs (272) - (272) 5,446
Church running expenses 11,974 160 12,134 12,018
Upkeep of churchyard 5,800 - 5,800 3,599
Parish magazine 6,341 - 6,341 7,096
Church hall running costs 5,270 - 5,270 4,499
Church hall refurbishment - - - 17,618
Depreciation 3,336 - 3,336 3,336
Independent examination fees 1,500 - 1,500 1,200
Other expenses 540 - 540 140
Total 2024 50,740 160 50,900 71,610
Total 2023 54,615 16,995 71,610

Throughout 2023 and 2024 the PCC had two part time employees. Church and church hall running expenses include payments to these two part time employees of £6,174 (2023- £5,460). These payments were not large enough to attract social security costs.

8 Independent examiner’s remuneration

The independent examiner’s remuneration comprises a fee for the independent examination of £1,500 (2023 - £1,200).

9 Trustees’ remuneration

None of the trustees received any remuneration or other benefits (2023 - £Nil) nor did they incur expenses (2023 - £Nil).

17

The Parochial Church Council of the Ecclesiastical Parish of Amberley with North Stoke

31 December 2024

Notes (continued)

10 Tangible fixed assets

10
Tangible fixed assets
Freehold
property
£
Cost
Balance at 1 January 2024 and 31 December 2024
278,000
Accumulated depreciation
Balance at 1 January 2024
43,367
Amortisation for the year
3,336

Balance at 31 December 2024
46,703
Net book value
At 1 January 2024
234,633

At 31 December 2024
231,297

11
Fixed asset investments
2024
£
Other investments at valuation
At 1 January
15,650
Revaluations
356

At 31 December
16,006		 Total
£
278,000
43,367
3,336

46,703
234,633
231,297
2023
£
14,304
1,346

15,650

18

The Parochial Church Council of the Ecclesiastical Parish of Amberley with North Stoke

31 December 2024

Notes (continued)

Notes(continued)
12
Debtors
Other debtors
Prepayments and accrued income		 2024
£
1,804
2,595

4,439		 2023
£
1,804
1,250
3,054

13 Creditors: amounts falling due within one year

Other creditors
Accrued expenses
Deferred income		 2024
£
271
2,048
5,061

7,380		 2023
£
63
19,407
4,870
24,340

Deferred income comprises fund raising event and parish magazine subscription and advertising income received in advance.

19

The Parochial Church Council of the Ecclesiastical Parish of Amberley with North Stoke

31 December 2024

Notes (continued)

14 Statement of funds

Current year
Balance at 1
January
£
Unrestricted funds
General funds
298,821
Restricted funds
Collard
5,420
Collard Churchyard
8,994
Bells
3,617
Choir
3,248
Fabric
10,808
Church hall
-
32,087
Total funds
330,908

Prior year
Balance at 1
January
£
Unrestricted funds
General funds
299,146
Restricted funds
Collard
5,420
Collard Churchyard
8,117
Bells
3,567
Choir
3,148
Fabric
10,706
Church hall
-
30,958
Total funds
330,104		 Income
Expenditure
£
£
55,269
(51,011)
27
-
279
-
200
(50)
400
(110)
164
-
29,778
(3,153)
30,848
(3,313)
86,117
(54,324)
Income
Expenditure
£
£
53,736
(54,790)
-
-
260
-
100
(50)
100
-
102
-
16,945
(16,945)
17,507
(16,995)
71,243
(71,785)		 Gains/
(losses)
Balance at 31
December
£
£
193
303,272
-
5,447
163
9,436
-
3,767
-
3,538
-
10,972
-
26,625
163
59,785
356
363,057
Gains
Balance at 31
December
£
£
729
298,821
-
5,420
617
8,994
-
3,617
-
3,248
-
10,808
-
-
617
32,087
1,346
330,908

The Restricted funds are restricted for the following uses:

20

The Parochial Church Council of the Ecclesiastical Parish of Amberley with North Stoke

31 December 2024

Notes (continued)

15 Analysis of net assets between funds

Analysis of net assets between funds
Unrestricted Restricted
funds funds Total funds
£ £ £
Current year
Tangible fixed assets 231,297 - 231,297
Fixed asset investments 8,722 7,284 16,006
Current assets 70,633 52,501 123,134
Creditors: amounts falling due within one year (7,380)
 - (7,380)
Total at 31 December 2024 303,272
 59,785 363,057
Prior year
Tangible fixed assets 234,633 - 234,633
Fixed asset investments 8,529 7,121 15,650
Current assets 63,346 41,619 104,965
Creditors: amounts falling due within one year (7,687)
 (16,653) (24,340)
Total at 31 December 2023 298,821
 32,087
 330,908

16 Related parties

There were no related party transactions in the year or the prior year that require disclosure under the Charities SORP (FRS102).

21