## CHRIST CHURCH SHAMLEY GREEN
**ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31[ST] DECEMBER 2023**
## **REGISTERED CHARITY NUMBER: 1193694**
## **CONTENTS**
||**Page**|
|---|---|
|Reference and Administrative Details|1|
|Annual Report|2 - 7|
1
## **MISSION STATEMENT**
Our aim is to have a central role in the life of the Shamley Green community by providing a Christian presence through witness and evangelism, prayer and worship, pastoral care and service to all, be they church-goers or not.
## **Administrative information**
Christ Church is situated in the parish of Shamley Green in the Diocese of Guildford. The Parochial Church Council of the Ecclesiastical Parish of Christ Church, Shamley Green (PCC) is a charity registered with the Charity Commission registered charity number 1193694. The address for correspondence is the Vicarage, Church Hill, Shamley Green GU5 0UD.
The PCC members who have served from 1 January 2023 or from the date of appointment until the date of approval of this report are:
_Vicar_ The Reverend Sally Davies _Churchwardens_ Mr. Jonathan Jenner, to 10[th] February 2023 Mrs. Margaret Goodchild Mrs. Penny Hodgson _Lay representatives on the_ Mr. Thomas Cornwell _Deanery Synod:_ Mrs. Janice Goldsmith Mrs. Margaret Goodchild Mr. Kevin Garvey (to 30[th] April then ex officio as a member of Diocesan Synod) Mr. Anthony Robinson (to 30[th] April then ex officio as a member of Diocesan Synod) _Elected lay members:_ Mrs. Pauline Egerton Mrs. Alison Harding Mr. Lawrence Lock, to 16[th] July 2023 Mrs. Julia Röbin, to 30[th] April 2023 Mr. Anthony Robinson Mr. Nicholas Russell-Davis Miss Clare Stevens Mrs. Joelle Tamraz Mrs. Sue Willis _Chair_ The Reverend Sally Davies _Vice Chair_ Mrs. Margaret Goodchild _Hon. Secretary_ Miss Clare Stevens _Hon. Treasurer_ Mr. Anthony Robinson _Electoral Roll Officer_ Mr. Roger Penny _Health and Safety Officer_ Mr. Neil Harding _Safeguarding Officer (PSO)_ Mrs. Diane Savage _Accessibility Officer_ Mrs. Margaret Goodchild _Bankers_ National Westminster Bank plc, Godalming The CBF Church of England, Cheapside, London _Independent Examiner_ Mrs. Sarah Powell, Manor Cottage, Shamley Green, GU5 0UD to 30[th] April 2023 Mrs. Frances Whittall, 1 Jersey Cottages, Long Common, Shamley Green GU5 0TG, appointed by the PCC to commence 1[st] March 2024
2
The PCC members present their report with the financial statements of the charity for the year ended 31 December 2023. The PCC members have adopted the provisions of 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 PCC have complied with the duty under section 5 of the Safeguarding and Clergy Discipline Measure 2016 (duty to have regard to House of Bishops’ guidance on safeguarding children and vulnerable adults).
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
The PCC is a corporate body established by the Church of England. The PCC operates under the Parochial Church Council (Powers) Measure 1956 and the Church Representation Rules. The PCC was registered as a charity with the Charity Commission on 4[th] March 2021. Members of the Council are either ex-officio or elected by the Annual Parochial Church Meeting or at subsequent meetings of the PCC in accordance with the Church Representation Rules.
The PCC operates through a number of committees. They meet between the full meetings of the Council.
## _Standing Committee_
This is the only committee required by law. It has power to transact business of the PCC between its meetings, subject to any directions given by the Council.
## _Communications and Publicity Committee (Comms Group)_
Considers how to improve our profile, communications and publicity. This group is being reviewed and revamped.
## _Fabric Committee (including Health & Safety)_
Formulates and executes maintenance activities required to maintain the building structures and the fixtures and fittings of the church, the Jubilee Room and the Church Hall as well as the church grounds and car park in a safe and satisfactory long-term condition; executes modifications to existing facilities and considers provision of new facilities and services authorised by the PCC. Particular thanks go to Chris Sprague, Colin Jobson and Neil Harding for their work during the year; please see the separate report for details.
## _Finance Committee_
Oversees the financial dimension of the work and management of Christ Church and assists the treasurer by monitoring income, expenditure and investments, budgeting, maintaining appropriate financial controls and co-ordinating stewardship through planned giving. Thanks to chair, John Page, Planned Giving Officer Nick Russell-Davis and, of course, our dedicated and wise Treasurer, Tony Robinson. Please see the Financial Statements at the end of this report for details.
## _Functions Committee_
Promotes fellowship and enhances the church's welcome by offering hospitality and hosting social events for the membership of the church but open to all, some of which may include a fund-raising element. Thanks to Margaret Goodchild and her team.
## _Outward Giving Committee_
Makes recommendations to the PCC as to how our outward giving should be distributed, receiving suggestions from members of the congregation and taking note of charities which members of our community have benefitted from or have some personal connection with, maintaining a balance between Christian and secular charities at home and overseas, and issues reports for the APCM and the Parish Magazine.
3
## **OBJECTIVES AND ACTIVITIES**
The PCC has the responsibility of cooperating with the vicar, the Reverend Sally Davies, in promoting in the ecclesiastical parish the whole mission of the Church, pastoral, social and ecumenical. It has responsibility for the maintenance of Christ Church, Shamley Green, its Jubilee Room and Church Hall as well as the Churchyard. The PCC is committed to enabling as many people as possible to worship in our church and to become part of our parish community at Christ Church. When planning our activities for the year, the vicar and the PCC have considered the Charity Commission’s guidance on public benefit and, in particular, the specific guidance on charities for the advancement of religion. The PCC is committed to following national and diocesan guidelines and requirements for safeguarding children and vulnerable adults. The vicar and the PCC welcome the congregation and the general public to all our activities.
## **ACHIEVEMENT AND PERFORMANCE**
Our thanks go to all members of the PCC, its committees and officers for their considerable commitment, vision and action during the year on behalf of our church and congregation. The full PCC met six times during the year for its ordinary meetings. Committees met between PCC meetings and minutes of their deliberations were received and discussed by the full PCC.
We are particularly grateful for the dedication and vision of churchwardens Margaret Goodchild and Penny Hodgson, The Reverend Gussie Walsh, Treasurer Tony Robinson, PCC Secretary Clare Stevens, PSO Diane Savage and Accessibility Officer Margaret Goodchild together with Health and Safety Officer Neil Harding, Electoral Roll and GDPR Officer Roger Penny, Chris Sprague, and the Finance and Fabric Committees, as well as the Magazine and the Pastoral Care Teams.
Sadly churchwarden Jonathan Jenner died on 10[th] February and we have greatly missed both his friendship and his contribution to so many aspects of our church life.
## **Safeguarding**
PSO Diane Savage, DBS Validator Penny Hodgson and the vicar met regularly during the year to monitor all aspects of safeguarding. Diane presented a report to every meeting of the PCC including an update on DBS checks, training and national safeguarding requirements. We have made huge progress in bringing our training and safer recruitment up-to-date. Current safeguarding information with details of local organisations and charities is displayed in the church and both halls. Please see the separate report for details.
## **Worship, prayer and learning**
## ❖ _Church_
Attendance has continued to improve and average Sunday attendance sits around 36 with much larger numbers for Advent, Christmas and Easter. Services of Holy Communion were held at 8am and 10am every Sunday and the reserved sacrament was taken to several members at home or in hospital during the year. A full programme of services was offered for Lent, Holy Week and Easter, All Souls, Remembrance Sunday (followed by the Act of Remembrance of the Hogs Back Chapter at the war memorial), Advent and Christmas. The Coronation of King Charles III was marked by a special Family Service on the following Sunday.
We are grateful to Claire Jenkinson for coordinating the arrangement of flowers in the church, together with a dedicated and creative team, including decorating the window sills for Harvest and Christmas, arranging the Easter lilies celebrating those we love who have died, and special arrangements for Mothering Sunday and Remembrance as well as the Advent Wreath.
4
## ❖ _Music_
Our Director of Music and organist, Chris Bond, moved on again at the end of August, due to family commitments. He had worked hard with the choir to provide music both for the weekly Sunday 10am service and for key seasonal services. We are immensely grateful to the three organists who covered services subsequently: Ian Miles, Phil Scriven and Rob Blythe. All of them are fine musicians and have also worked well with our choir, even when forces have been low. The choir, both regular and occasional members, have sustained their key contribution to our worship and really pulled out the stops for the seasonal services, particularly in the autumn term for Harvest, All Souls and Remembrance as well as for two superb carol services for Advent and Christmas. Our thanks to them all.
## ❖ _Occasional offices_
We celebrated two weddings, three infant baptisms and one adult baptism. We took eight funerals or memorial services in church and three at the crematorium only; there were six burials in the churchyard, two full and four of cremated remains, and one at the natural burial ground in our parish.
## ❖ _Messy Church_
Messy Church, for families with young children, was held at 4pm on the second Saturday most months. Crafts and games inspired by a Biblical story take place in the Jubilee Room, accompanied by home-made cake, tea, coffee and squash, followed by songs, story and prayers in church. The team, under coordinator Gussie Walsh, includes both adults and teenagers on the day, as well as others preparing craft activities, baking cakes and praying behind the scenes. In July a joint BBQ with Little Stars was held. Messy Church requires considerable planning and preparation as well as a big team on the day but it provides valuable teaching and fellowship for local families and is one of our main forms of outreach to this demographic.
## ❖ _Family Services_
Family Services were held on Mothering Sunday, Good Friday and Easter Day, for the King’s Coronation, Harvest Festival and Christmas Day. We also held a Crib Service on Christmas Eve which was extremely well attended including Little Stars and Messy Church families as well as several from our church school.
## ❖ _Little Stars_
Our Adult, Baby & Toddler Group continued to thrive with new families joining throughout the year, including several new babies. The children are brought by parents, occasionally nannies and a significant number of grandparents. All of them express great appreciation of the group and the opportunity to relax and compare experience with others while toys, games and crafts are provided for the children. Sessions always end with a Bible story, songs and a prayer, with visits up to the church to gather around the Christmas Crib and Easter Garden. Advent calendars and Easter eggs were also distributed. Gussie Walsh continues to coordinate the group, keeping in touch with the families and offering pastoral support, alongside the team comprising Madeleine Mannix, Margaret Goodchild, Jan Goldsmith, Jan Cornwell and Sally. Our thanks go to them all for developing and sustaining this important area of our church’s ministry and building relationships with the families.
## ❖ _Study and reflection_
Our informal ‘home groups’ met regularly throughout the year for reading, Bible study, prayer and fellowship, offering a daytime and an evening group.
5
## **Communications**
## ❖ _Newsletter and website_
The vicar continued to circulate occasional newsletters which have proved helpful when there is anything to highlight or publicise and a good way of passing on necessary information to a wide group. Clare Stevens ably managed the website and Facebook account, updating for the seasons, worship and activities, including community events, and providing an essential conduit for communication and publicity. She has begun working with a task group on upgrading the site which is coming to the end of its life.
## ❖ _Parish Magazine_
Our magazine was produced monthly as a print copy free of charge to all households in the parish with spare copies available at the church. It is also made available online via our website. This represents a considerable amount of work on the part of editor Chris King, Karen Anderton who manages the advertising which largely covers the costs of publication, and Ginny Wicks, who coordinates the distribution, together with her dedicated team of distributors; we are hugely grateful to them all. The magazine provides an invaluable source of information for our parish, including the village organisations, and is a key element of our outreach and community involvement as the parish church.
## **Pastoral care and fellowship**
Penny Hodgson has continued to serve as our Pastoral Assistant visiting many parishioners at home, providing emotional and practical support. As coordinator of Village Care and a trustee of Wonersh United Charities, together with her professional knowledge and experience, she is well placed to assess and respond to needs of different kinds. As part of her church ministry, she chairs our Pastoral Care Team, members of which have also continued to offer support and care to those who have needed it. ‘Time for Tea’ met monthly until June. However, numbers have decreased and we questioned whether this was still an appropriate activity. It was, therefore, suspended in the autumn but Margaret Goodchild and Penny Hodgson have been working with a keen team of volunteers to hold ‘Time for Lunch’ at least once if not twice a term. It is a work in progress but has proved very popular and was augmented by our Christmas lunch at the Bricklayers Arms in December.
## **Halls and Lettings**
Clare Stevens continued to serve as our Lettings Secretary, managing both enquiries and bookings. While we do not have many lettings, it is good to see our halls used by the local community and the income from that also helps to defray our costs so we very much appreciate Clare’s efforts on our behalf.
## ❖ _Jubilee Room_
This room is used weekly for refreshments after our Sunday 10am service and for hospitality following seasonal services such as All Souls and Carols by Candlelight, as well as for the fortnightly daytime Home Group, for a variety of other church meetings, including PCC, and for meetings of charitable trusts in which church members are involved (Wonersh United Charities and Wonersh & Shamley Green School Trustees). Our monthly Messy Church craft activities and refreshments also take place in the room. Commercially, it was let for one evening a week to a psychotherapy group which has appreciated this quiet and private facility. Their letting finishes at the end of March 2024. In addition we let the room for two funeral teas, following services in the church, a meeting of the Guildford Wives’ Fellowship and a PCC away day for one of the churches in our deanery.
6
## ❖ _Church Hall_
Our Little Stars Adult, Baby and Toddler group which meets weekly during school term times has continued to make good use of the hall and many of those who attend comment on its practicality and how smart it looks since the refurbishment during the COVID lockdown. The Pilates group which met twice-weekly gradually reduced its meetings and ceased its letting in July.
## **Schools**
_Wonersh and Shamley Green C.E. V.A. Primary School (WSG)_
- ❖ We supported our church school with a donation from our outward giving, as well as through the considerable offering of time, skills and expertise by those of our church members who serve as governors - Kevin Garvey and Sarah McKenna as PCC appointed foundation governors and Erin Bird as a diocesan foundation governor - alongside Richard Deacon as Treasurer of the Governors' Fund and the churchwardens who serve with the vicar as trustees. The contribution and support of all these is greatly appreciated by the school leadership team. Sarah stood down in November and the PCC began looking for a replacement, to be confirmed.
- ❖ The Vicar took the morning act of worship fortnightly, alternating with the vicar of Wonersh and Blackheath with two assemblies for KS 1 and 2. She also facilitated class visits to the church.
- ❖ The ‘Open the Book’ team, including Kevin Garvey and Julia Röbin, took weekly assemblies for Years R, 1 and 2 at WSG and Bramley Infant School. These form part of the Bible Society programme and are both hugely enjoyed by the children and provide significant Biblical education.
- ❖ Christ Church also hosted the school Easter and Harvest services with separate services for the Infants and Juniors.
## _Longacre_
The vicar officiated at the annual Remembrance Service, which was also attended by parents and members of the community.
7
**REGISTERED CHARITY NUMBER: 1193694**
## **CHRIST CHURCH, SHAMLEY GREEN**
# **UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023**
Page 1 of 14
## **CHRIST CHURCH, SHAMLEY GREEN ANNUAL REPORT FOR THE YEAR ENDED 31 DECEMBER 2023**
## **FINANCIAL REVIEW**
## **Financial position**
During the year to 31 December 2023 our total Income increased by £7,176 to £100,601 mainly due to an increase in Planned Giving, collections and Income tax recovered through Gift Aid. We are very grateful to all our donors and volunteers for their continued support particularly to the households who are paying their contributions through the Parish Giving Scheme as this is helps to reduce the administrative work of the PCC and the Treasurer. The Parish Giving Scheme enables donors to simply adjust their giving by the annual increase in inflation.
Our Expenditure rose by £9,251 to £106,295. We have kept a watchful eye over our controllable costs to ensure that we do not exceed our budgets. Our largest expense, the payment of Parish Share to the Guildford Diocese, of £54,238 (2022 - £52,953) goes towards the costs of our Ministry. Other significant expense increases in 2023 were Organist fees following the engagement of a Director of Music for most of the year, and inflationary cost increases. Our Parish Share will increase by 3.5% to £56,166 in 2024.
The market value of our investments held in funds managed by CCLA increased during the year by £2,365 (2022 Loss £10,899) to £84,429 (2022 £82,064).
The net result for the year was a deficit of £ 3,329 (2022 Deficit £14,518); the results for the last 2 years have been significantly affected by COVID restrictions, grants, turbulences and market fluctuations.
The PCC has a duty to ensure that the fabric of the church and its surroundings are kept in a good state of repair and meet the various health and safety standards. We have carried out regular service and maintenance of the church equipment and premises. We will be receiving a Quinquennial Report during the coming year.
## **Reserves policy**
It is PCC policy to hold in reserves the equivalent of six months general operating costs. It is also policy to have reserves to cover our proposed capital works. The reserves of the PCC now stand at £141,792 which exceeds twelve months of normal expenditure and are in excess of the amounts that the PCC regards as essential for its on-going commitments. However, in holding reserve funds, the PCC is mindful of probable exceptional expenses in the medium term such as repairs to the church, electrical rewiring of the church, a new area for the interment of cremated remains in the churchyard and new signage for the car park.
The PCC invests its funds with the CBF Church of England Funds which are managed by CCLA Investment Management Limited. The above Funds are managed in accordance with the policies of the Church of England National Investing Bodies. We also have a deposit £5,096 with Churches Mutual Credit Union to help support their activities. These funds are invested for the long-term and are not expected to be required for at least 2 years.
## **Risk Management**
The PCC members continue to keep the PCC’s activities under review, particularly regarding any risks which may arise from time to time and to monitor the effectiveness of the systems of control and supervision. The PCC has insurance policies in place to cover the major risks relating to property and activities and these are reviewed annually. The PCC Committees have reviewed the risks in their areas of interest and updated the risk profiles.
Page 2 of 14
## **CHRIST CHURCH, SHAMLEY GREEN ANNUAL REPORT FOR THE YEAR ENDED 31 DECEMBER 2023**
## **STATEMENT OF PCC MEMBERS’ RESPONSIBILITIES**
The PCC members are responsible for preparing the Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
The law applicable to charities in England and Wales, the Charities Act 2011, Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed requires the PCC members to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the church and of the incoming resources and application of resources, including the income and expenditure, of the church for that period. In preparing those financial statements, the PCC members are required to
- select suitable accounting policies and then apply them consistently;
- observe the methods and principles in the Charity SORP;
- make judgements and estimates that are reasonable and prudent;
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.
The PCC members are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the church and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Approved by the PCC on 18 March 2024 and signed on its behalf by:
SIGNED
............................................. The Reverend Sally Davies – _Chair_
Page 3 of 14
## **INDEPENDENT EXAMINER'S REPORT TO THE PCC OF CHRIST CHURCH, SHAMLEY GREEN**
## **Independent examiner's report to the PCC of Christ Church, Shamley Green**
I report to the charity PCC members on my examination of the accounts of the Christ Church, Shamley Green (the Church) for the year ended 31 December 2023.
## **Responsibilities and basis of report**
As the members of the PCC you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the Church's accounts carried out under section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
## **Independent examiner's statement**
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
1. accounting records were not kept in respect of the Church as required by section 130 of the Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
## Signed
Frances Whittall 1 Jersey Cottages Long Common Shamley Green Guildford Surrey GU5 0TG
- 18 March 2024
Page 4 of 14
## **CHRIST CHURCH, SHAMLEY GREEN**
## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2023**
||||||**2023**|2022|
|---|---|---|---|---|---|---|
|||**Unrestricted**
|**Restricted**||**Total**|Total|
|||**fund**|**fund**||**funds**|Funds|
||Notes|**£**|**£**||**£**|£|
|**INCOME AND ENDOWMENTS FROM**|||||||
|Donations and legacies|2|83,022||966|83,988|76,704|
|**Charitable activities**|||||||
|Church activities||**4,890**||**-**|**4,890**|6,209|
|Other trading activities|3|**6,686**||**-**|**6,686**|6,853|
|Investment income|4|**5,037**
||**-**|**5,037**
|3,659|
|**Total**||**99,635**||**966**|**100,601**|93,425|
|**EXPENDITURE ON**|||||||
|Raising funds||**854**||**-**|**854**|446|
|**Charitable activities**|||||||
|Church activities||**104,475**||**966**|**105,441**|96,598|
|**Total**||**105,329**||**966**|**106,295**|97,044|
|Net Unrealised gains on investments||**2,365**||**-**|**2,365**|(10,899)|
|**NET INCOME/(DEFICIT)**||**(3,329)**||**-**|**(3,329)**|(14,518)|
|**RECONCILIATION OF FUNDS**|||||||
|**Total funds brought forward**||**145,301**||**-**|**145,301**|159,819|
|**TOTAL FUNDS CARRIED FORWARD**||**141,972**||**-**|**141,972**|145,301|
The notes form part of these financial statements Page 5 of 14
## **CHRIST CHURCH, SHAMLEY GREEN**
## **BALANCE SHEET**
## **AT 31 DECEMBER 2023**
|**Unrestricted**
**fund**
**Restricted**
**fund**
Notes
**£**
**£**
**FIXED ASSETS**
Investments
8
**89,525**
**-**
**CURRENT ASSETS**
Debtors
9
**1,436**
**-**
Cash at bank and in hand
**53,998**
**-**
**55,434**
**-**
**CREDITORS**
Amounts falling due within one year
10
**(2,987)**
**-**
**NET CURRENT ASSETS**
**52,447**
**-**
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
**141,972**
**-**
**NET ASSETS**
**141,972**
**-**
**FUNDS**
11
Unrestricted funds
Restricted funds
**TOTAL FUNDS**
|**2023**
**Total**
**funds**
**£**
**89,525**
**1,436**
**53,998**
**55,434**
**(2,987)**
**52,447**
**141,972**
**141,972**
**141,972**
**-**
**141,972**|2022
Total
funds
£
87,155
834
58,304
59,138
(992)
58,146
145,301
145,301
145,301
-
145,301|
|---|---|---|
The financial statements were approved by the PCC and authorised for issue on 18 March 2024 and were signed on its behalf by:
## Signed
.................................................
Reverend Sally Davies - Chair
## Signed
..................................................... Mr Anthony Robinson – Treasurer
The notes form part of these financial statements
Page 6 of 14
**CHRIST CHURCH, SHAMLEY GREEN**
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023**
## **1. ACCOUNTING POLICIES**
## **BASIS OF PREPARING THE FINANCIAL STATEMENTS**
The financial statements of the charity, which is a public benefit entity under FRS 102, 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)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention with the exception of investments which are included at market value, as modified by the revaluation of certain assets.
The financial statements include all transactions, assets and liabilities for which the PCC is responsible in law. They do not include the financial statements of church groups that owe their main affiliation to another body, or those that are informal gatherings of Church members.
## **INCOME**
Planned giving, collections and donations are recognised when received. Income tax recoverable on gift aid donations is recognised when the donation is received. The amount of any outstanding tax claim is included in incoming resources and as a debtor in the Balance Sheet. Legacies to the PCC are accounted for as soon as the PCC is notified of its legal entitlement, the amount due and its ultimate receipt is probable.
Funds raised from hall rentals, magazine advertising, income and fund- raising events are accounted for gross and are recognised when due. The parish magazine is published and distributed without charge.
Investment income is accounted for when due and payable. Realised gains and losses on investments are recognised when investments are sold and unrealised gains and losses are accounted for on revaluation at 31 December.
## **GRANTS**
Revenue based government grants are recognised in income over the periods in which the church recognises the related costs for which the grant is intended to compensate. Where grants are receivable as compensation for expenses already incurred or to provide immediate financial support with no future related costs grants will be recognised when they become receivable.
## **EXPENDITURE**
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, 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 accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category.
Grants and donations are accounted for when paid or when awarded, if the award creates a binding obligation on the PCC.
Grants offered subject to conditions which have not been met at the year-end date are noted as a commitment but not accrued as expenditure.
## **TAXATION**
The charity is exempt from tax on its charitable activities.
## **FUNDS**
Restricted Funds represent donations or grants received for a specific object. The funds may only be expended on the specific object for which they were given and any balance remaining unspent at the end of the year must be carried forward as a balance on that fund.
General Funds represent the funds of the PCC that are not subject to any special restrictions regarding their use and are available for application to the general purposes of the PCC.
## **INVESTMENTS**
Investments are valued at the market value at 31 December.
Page 7 of 14
## **CHRIST CHURCH, SHAMLEY GREEN**
## **NOTES TO THE FINANCIAL STATEMENTS - CONTINUED FOR THE YEAR ENDED 31 DECEMBER 2023**
## **1. ACCOUNTING POLICIES - continued**
## **TANGIBLE FIXED ASSETS**
Consecrated and beneficed property of any kind is excluded from the accounts in accordance with Section 10(2) (a) and (c) of the Charities Act 2011.
Movable church furnishings held by the Vicar and Churchwardens on special trust for the PCC and which require a faculty for disposal, are accounted for as inalienable property unless forming part of the consecrated property excluded from the accounts. They are listed in the Church's inventory which can be inspected at any reasonable time. For inalienable property acquired prior to 2000 there is insufficient cost information available and therefore such assets are not valued in the financial statements. No such assets have been acquired since 2000. All expenditure incurred in the year on movable church furnishings is written off. Equipment used within the Church premises with a purchase price of £ 3,000 or less is written off when the asset is acquired. The PCC owns no items with a higher purchase price.
## **2. DONATION AND LEGACIES**
Grants included in donations and legacies, are as follows:
|
Diocesan grant for utilities
**3.**
**OTHER TRADING ACTIVITIES**
Rent of Jubilee and Church Rooms
Advertising
**4.**
**INVESTMENT INCOME**
Dividends and interest from CBF investments|
|**2023**
**£**
**1,000**
**1,000**
**2023**
**£**
**1,871**
**4,815**
**6,686**
**2023**
**£**
**5,037**|
|2022
£
1,000
1,000
2022
£
1,729
5,124
6,853
2022
£
3,659|
|---|---|---|---|---|
||||||
||
||
||
||||||
||||||
## **5. PCC MEMBERS' REMUNERATION AND BENEFITS**
No remuneration was paid to any member of the PCC, other than reimbursement of purchases made on behalf of the church.
## **PCC MEMBERS' EXPENSES**
No expenses were paid to any member of the PCC for the year ended 31 December 2023 nor for the year ended 31 December 2022 other than reimbursement of purchases made on behalf of the church.
Page 8 of 14
## **CHRIST CHURCH, SHAMLEY GREEN**
## **NOTES TO THE FINANCIAL STATEMENTS - CONTINUED FOR THE YEAR ENDED 31 DECEMBER 2023**
|**6.**|**2022 COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**|**2022 COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**|**2022 COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**||
|---|---|---|---|---|
|||**Unrestricted**
|**Restricted**
|Total funds|
|||**fund**|**fund**||
|||**£**|**£**|£|
||**INCOME AND ENDOWMENTS FROM**||||
||Support Grant|**1,000**||1,000|
||Donations and legacies.|
**74,870**|
**834**|75,704|
||**Charitable Activities**||||
||Church activities|**6,209**|**-**|6,209|
||Other trading activities|**6,853**|**-**|6,853|
||Investment income|**3,659**|**-**|3,659|
||**Total**|**92,591**|**834**|93,425|
||**EXPENDITURE ON**||||
||Raising funds|**446**|**-**|446|
||**Charitable activities**||||
||Church activities|**95,764**|**834**|96,598|
||**Total**|**96,210**|**834**|97,044|
||**Net gains on investments**|**(10,899) **|**-**|(10,899)|
||**NET INCOME/(DEFICIT)**|**(14,518)**|**-**|(14,518)|
||**RECONCILIATION OF FUNDS**||||
||**Total funds brought forward**|**159,819**|**-**|159,819|
||**TOTAL FUNDS CARRIED FORWARD**|**145,301**|**-**|145,301|
Page 9 of 14
**CHRIST CHURCH, SHAMLEY GREEN**
## **NOTES TO THE FINANCIAL STATEMENTS - CONTINUED FOR THE YEAR ENDED 31 DECEMBER 2023**
## **7. MISSIONARY AND CHARITABLE GIVING**
|Amounts paid in the year were as follows:
Bethlehem Arab Society for Rehabilitation
Christian Aid
Cranleigh Foodbank
Dans Fund for Burns
Dementia Research UK
Guildford Action
Lordshill Playground
Mercy Ships UK
Phyllis Tuckwell Memorial Hospice
Royal British Legion Poppy Appeal
Sight for Surrey
Step by Step
Torch Trust for the Blind
The Children’s Society
The Leprosy Mission
The Matrix Trust
Wonersh & Shamley Green Church of England School
In addition, further donations were made to
The Children’s Society
The Royal British Legion|**2023**
**£**
**700**
**1,121**
**-**
**-**
**600**
**500**
**600**
**550**
**500**
**200**
**200**
**550**
**550**
**200**
**550**
**-**
**1,200**
**£8,021**
**448**
**518**
**£ 966**|2022
£
-
916
500
500
500
-
-
600
500
200
-
600
600
210
600
500
1,200
£7,426
522
312
£ 834|
|---|---|---|
|||
|
Page 10 of 14
## **CHRIST CHURCH, SHAMLEY GREEN**
## **NOTES TO THE FINANCIAL STATEMENTS - CONTINUED FOR THE YEAR ENDED 31 DECEMBER 2023**
## **8. FIXED ASSET INVESTMENTS**
||||||**Listed**||
|---|---|---|---|---|---|---|
||||||**investments**||
||||||**£**||
||**MARKET VALUE**||||||
||At 1 January 2023||||**87,155**||
||Retained Dividend|||||**5**|
||Revaluations||||**2,365**||
||At 31 December 2023||||**89,525**||
||**NET BOOK VALUE**||||||
||At 31 December 2023||||**89,525**||
||At 31 December 2022||||87,155||
||There were no investment assets outside the UK.||||||
||||**2023**||2022||
||||**£**||£||
||The market value of investments at 31 December was:||||||
||Churches Mutual Credit Union Ltd||**5,096**||5,091||
||2,294.42 Income shares in the CBF Church of England Investment Fund||**51,866**||47,370||
||26,999.11 Income shares in the CBF Church of England Property Fund||**32,563**||34,694||
||||**89,525**||87,155||
|**9.**|**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**||||||
||||**2023**||2022||
||||**£**||£||
||Income tax recoverable||**649**||400||
||Other Debtors||**787**||-||
||VAT repayable|||**-**|434||
||Other debtors||**1,436**||834||
|**10.**|**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**||||||
||||**2023**||2022||
||||**£**||£||
||Accounts payable and accrued expenses||**2,987**||992||
|**11.**|**MOVEMENT IN FUNDS**||||||
||||**Net**||||
||||**movement**||||
||**At**|**1.1.23**|**in funds**||**At 31.12.23**||
|||**£**|**£**||**£**||
||**Unrestricted funds**||||||
||General fund|**145,301**|**(3,329)**||
**141,972**||
||**TOTAL FUNDS**|**145,301**|**(3,329)**||
**141,972**||
Page 11 of 14
## **CHRIST CHURCH, SHAMLEY GREEN**
## **NOTES TO THE FINANCIAL STATEMENTS - CONTINUED FOR THE YEAR ENDED 31 DECEMBER 2023**
## **11. MOVEMENT IN FUNDS - continued**
Net movement in funds, included in the above are as follows:
||**Incoming**
|**Resources**
|**Gains and**|
|**Movement**||
|---|---|---|---|---|---|---|
||**resources**|**expended**|**losses**||**in funds**||
||**£**|**£**|**£**||**£**||
|**Unrestricted funds**|||||||
|General fund|**99,635**|**(105,329)**|**2,365**||**(3,329)**||
|**Restricted funds**|||||||
|Restricted fund|**966**|**(966)**||**-**||**-**|
|**TOTAL FUNDS**|**100,601**|**(106,295) **|**2,365**||**(3,329)**||
|**Comparatives for movement in funds**|||||||
||||**Net**||||
||||**movement**||||
|||**At 1.1.22**|**in funds**||**At 31.12.22**||
|||**£**|**£**||**£**||
|**Unrestricted Funds**|||||||
|General fund||**159,819**|**(14,518)**||**145,301**||
|**TOTAL FUNDS**||**159,819**|
**(14,518) **||**145,301**||
|Comparative net movement in funds, included in the above are as follows:|||||||
||**Incoming**|**Resources**|**Gains and**||**Movement**||
||**resources**|**expended**|**losses**||**in funds**||
||**£**|**£**|**£**||**£**||
|**Unrestricted funds**|||||||
|General fund|**92,591**|**(96,210)**|**(10,899)**||**(14,518)**||
|**Restricted funds**|||||||
|Restricted fund|**834**|**(834)**||**-**||**-**|
|**TOTAL FUNDS**|**93,425**|**(97,044)**|
**(10,899)**||**(14,518)**||
## **12. RELATED PARTY DISCLOSURES**
There were no related party transactions for the year ended 31 December 2023, other than as disclosed in note 5.
Page 12 of 14
## **CHRIST CHURCH, SHAMLEY GREEN**
## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2023**
|**INCOME AND ENDOWMENTS**
**Donations and legacies**
Diocesan Utilities grant
Planned Giving - Covenant and Gift Aid
Planned Giving - Other
Collections
Income tax recoverable
Special Collections and Giving
Other donations
**Other trading activities**
Rent of Jubilee and Church Rooms
Advertising
**Investment income**
Dividends and interest from CBF investments
**Charitable activities**
Harvest Festival Lunch and other events
Fees
**Total incoming resources**
**EXPENDITURE**
**Other trading activities**
Other fundraising expenses
**Charitable activities**
Parish share
Vicar's working expenses and vicarage maintenance
Church light, heat and water
Insurance
Church maintenance and cleaning
Supplies for services, locums and Messy Church
Organist's fees and choir expenses
Organ and equipment repair and maintenance
Carried forward||**2023**
**£**
**1,000**
**58,169**
**1,420**
**3,887**
**16,137**
**966**
**2,409**
**83,988**
**1,871**
**4,815**
**6,686**
**5,037**
**1,064**
**3,826**
**4,890**
**100,601**
**854**
**54,238**
**3,455**
**3,467**
**2,465**
**3,369**
**2,549**
**5,890**
**1,314**
**76,747**|2022
£
1,000
54,696
2,270
2,851
14,341
834
712
76,704
1,729
5,124
6,853
3,659
1,303
4,906
6,209
93,425
446
52,953
2,720
2,862
2,374
2,048
2,707
1,862
2,305
69,831|
|---|---|---|---|
|||||
|||||
|||||
|||||
Page 13 of 14
## **CHRIST CHURCH, SHAMLEY GREEN**
## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2023**
|**Charitable activities**
Brought forward
Parish magazine printing and postage
Churchyard upkeep
Church room expenses
Communications, website and sundry expenses
Projects/Minor Works
Lightning conductor renewal
Quinquennial survey
Missionary and charitable giving
Special and Restricted fund giving
**Total resources expended**
**Net income before gains and losses on**
**investments**
**Unrealised recognised gains and losses**
Unrealised gains on investments
**Net Income/(Deficit)**|**2023**
**£**
**76,747**
**4,529**
**8,971**
**1,269**
**1,337**
**2,355**
**1,246**
**8,021**
**966**
**105,441**
**106,295**
**(5,694)**
**2,365**
**(3,329)**|2022
£
69,831
4,335
7,928
1,838
995
3,411
-
7,426
834
96,598
97,044
**(3,619)**
(10,899)
(14,518)|
|---|---|---|
Page 14 of 14
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