## **Financial Reports** 

# **THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF HAVEN CHURCH PCC & Annual Church Parochial Council** 

_**(charity number: 1199183)**_ 

**REPORT AND UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2024** 

1 



**HAVEN CHURCH GOSPORT TRUSTEES REPORT** 

Date: 06 March 2025 Charitable Number: 1199183 Address: St. Johns Church Forton Road Gosport PO12 4TQ Phone: 07415414305 Trustees: Rev Raymond Driscoll (Chair) Fr Godfrey Chigmura Mr Adam Kemp Mrs Joanne Snape Mrs Glynnis Wright Mrs Jenny Darcy Mr Dominic Dawson Mrs Pat Hewitt Mr John Hewitt Mr James Howe Mrs Wendy Hunt Mrs Helen Kendry Mrs Janet MacNally Mrs Elizabeth Miles Mrs Helen Reeves Mr Phil Reeves Mr Will Simmons Mrs Lynda Sheffield Mrs Patricia Spragg Mrs Amelia Somerset 

Haven Church Gosport is a parish consisting of three beautiful churches. Christ Church, Stoke Road, Holy Trinity, Trinity Green and Saint John’s, Forton Road. Our primary goal is the advancement of religion. The Parochial Church Council is the governing body of a parish. It includes the clergy, the churchwardens and members elected at the Annual Parochial Church Meeting. It will typically meet four times a year to discuss and decide on things affecting the parish. 

The parish of Haven Church Gosport is committed to playing its part in seeing people who are not currently going to church to discover a church and a faith that is accessible and relevant to them. We want to see the church alive and thriving, full of people worshipping Jesus, encountering the Holy Spirit and being a point of contact for the community. We are committed to serving our community and work with families from deprived contexts, our local schools and colleges, the young to the elderly, those struggling with substance use and women who are involved in the sex industry. We believe that a healthy, loving, supported and worshipping community is the foundation of our vision and each one of our church communities has a unique part to play in achieving our vision. 

As a parish with a mixed ecology of worship and that is liturgically diverse, we provide a range of worshipping opportunities, and we value the breadth of our worshipping communities. We run faith-based courses, such as Alpha, along with a number of groups and activities centred around faith and discipleship. We have seen significant numerical growth in the number of people attending services over recent years. 

2 



## **HAVEN CHURCH GOSPORT TRUSTEES REPORT** 

We offer a range of activities that benefit our town including toddler groups, youth groups, concerts, school’s and college’s work. Several community organisations use our buildings, including resident’s associations, local charities, exercise classes and dance groups. 

## **Financial Review** 

In the year to the end of December 2024 Haven Church PCC raised total income of £380k against total expenditure of £348k. Unrestricted funds ended the year on £60k. Restricted funds totalled £95k at the year end. Please see the financial statements following this report for the details behind these figures. 

## **Future Plans** 

The Charity plans on continuing the activities outlined above in the forthcoming years subject to satisfactory funding arrangements. 

## **Reserves policy** 

It is the aim of the trustees to hold a balance of 3 months of expenditure for free (i.e. unrestricted) reserves, which would indicate a target on net current assets of £39k. At the end of 2024 the balance on free reserves came to £45k representing 3.5 months of unrestricted expenditure. The reserves are therefore sufficient for the current unrestricted spending but will be monitored to ensure this remains. 

3 



## **HAVEN CHURCH GOSPORT TRUSTEES REPORT** 

## **Statement of Responsibilities of Trustees** 

The trustees are responsible for preparing the Annual Report and the financial statements in accordance with applicable law and the United Kingdom Generally Accepted Accounting Practice (UK GAAP). 

The Charities Act requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity at the end of the year and of the surplus or deficiency for the year then ended. 

In preparing those financial statements, the Trustees are required to: 

- select suitable accounting policies and then apply them consistently 

- make judgements and estimates that are reasonable and prudent 

- observe the methods and principles in the charities SORP 

• state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements; and 

• prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation 

The Trustees 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 Trustees are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. 

Approved and signed on its behalf by: 


4 



## **PAROCHIAL CHURCH OF HAVEN CHURCH** 

## **YEAR ENDED 31 DECEMBER 2024** 

## **INDEPENDENT EXAMINERS REPORT TO THE TRUSTEES** 

I report to the trustees on my examination of the accounts of Haven Church Gosport for the year ended 31 December 2024, which are set out on pages 5 to 18. 

## **Responsibilities and Basis of Report** 

As the trustees of the Charity, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011. 

I report in respect of my examination of the Trustee's accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable directions given by the Charity Commission under section 145(5)(b) of the 2011 Act. 

## **Independent Examiner’s Statement** 

Since the charity’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales, which is one of the listed bodies. 

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 Charity as required by section 130 of the Act; or 

2. the accounts do not accord with those records. 

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. 


## **C J Goodhead FCA** 

29 April 2025 

Knight Goodhead Limited 7 Bournemouth Road Chandler's Ford Eastleigh SO53 3DA 

5 



## **PAROCHIAL CHURCH OF HAVEN CHURCH** 

## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2024 (Including Income and Expenditure Account)** 

|-<br>£<br>Note<br>INCOME<br>Voluntary income<br>Charitable activities<br>Other income<br>Investment income<br>TOTAL INCOME<br>3<br>4<br>EXPENDITURE<br>Charitable activities<br>5<br>TOTAL EXPENDITURE<br>NET INCOME FOR YEAR BEFORE TRANSFERS<br>TRANSFERS BETWEEN FUNDS<br>NET INCOME FOR YEAR AFTER TRANSFERS<br>GAIN ON INVESTMENTS<br>FUND BALANCES AT 1 JANUARY 2024<br>FUND BALANCES AT 31 DECEMBER 2024<br>9,346<br>-<br>9,346<br>-<br>50,238<br>59,584<br>Unrestricted funds<br>£<br>122,839<br>41,679<br>1,030<br>370<br>165,918<br>156,572<br>156,572<br>23,096<br>-<br>23,096<br>76<br>72,433<br>95,605<br>191,117<br>191,117<br>Restricted funds<br>£<br>208,198<br>4,051<br>238<br>1,726<br>214,213<br>-<br>-<br>-<br>159<br>12,703<br>12,862<br>Endowment funds<br>£<br>-<br>-<br>-<br>-<br>-<br>-<br>32,442<br>32,442<br>235<br>135,374<br>168,051<br>2024<br>331,037<br>45,730<br>1,268<br>2,096<br>380,131<br>347,689<br>347,689|26,935<br>-<br>29,935<br>837<br>107,601<br>135,374<br>2023<br>£<br>201,295<br>40,389<br>4,849<br>1,302<br>247,835<br>220,899<br>220,899|
|---|---|



This statement of financial activities includes all gains and losses recognised in the year. 

All incoming resources and resources expended derive from continuing activities. 

6 



**Charity number: 1199183** 

## **PAROCHIAL CHURCH OF HAVEN CHURCH** 

## **BALANCE SHEET AS AT 31 DECEMBER 2024** 

|Fixed Assets<br>Current Assets<br>Creditors<br>NET CURRENT ASSETS<br>NET ASSETS<br>FUNDS<br>Endowment Funds<br>Restricted Funds<br>Designated Funds<br>Unrestricted funds<br>TOTAL FUNDS<br>Tangible Assets<br>Investments<br>Debtors<br>Cash at bank and in hand<br>Amounts falling due in one year<br>Notes<br>8<br>9<br>10<br>11<br>14<br>12<br>12<br>13<br>13<br>33,815<br>143,410<br>( 19,429)<br>2024<br>£<br>-<br>10,255<br>10,255<br>157,796<br>168,051<br>12,862<br>95,605<br>14,217<br>45,367<br>168,051|70,103<br>64,892|12,703<br>72,433<br>10,711<br>39,527<br>135,374<br>2023<br>£<br>-<br>10,020<br>10,020<br>125,354<br>135,374|
|---|---|---|
||(9,642)||
||||



Approved by the trustees on and signed on their behalf by 


7 



**PAROCHIAL CHURCH OF HAVEN CHURCH** 

## **NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2024** 

## 1 ACCOUNTING POLICIES 

## a) Accounting convention 

The financial statements have been prepared in accordance with applicable accounting standards, the Charities Act 2011 and the Statement of Recommended Practice applicable to charities preparing their accounts in accordance with FRS 102 (effective January 2019). 

Haven Church 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 notes. 

The accounts have been prepared on the going concern basis. There are no material uncertainties about the charity's ability to continue. 

## b) Fund accounting 

Unrestricted funds are funds that are available for use at the discretion of the trustees in furtherance of the general objectives of the charity. 

Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the charity for particular purposes. 

The aim and use of each restricted fund is set out in the notes to the financial statements. 

## c) Income 

All income is included in the Statement of Financial Activities when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy. The following specific policies are applied to particular categories of income: 

- Investment income is included when receivable. 

Charitable activities income is accounted for when earned. 

## d) Expenditure 

All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category. Expenditure is not netted off against related income and is shown inclusive of VAT which cannot be reclaimed. Charitable expenditure comprises of those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them. 

All costs are allocated between the expenditure categories of the Statement of Financial Activities on a basis designed to reflect the use of the resource. Costs relating to a particular activity are allocated directly. 

## e) Fixed assets 

Additions and improvements to the rented church premises are written off as incurred. 

Expenditure on movable church furnishings and other functional equipment is capitalised where the cost exceeds £2,000. Equipment is depreciated on a straight line basis over 5 years. 

8 



## **PAROCHIAL CHURCH OF HAVEN CHURCH** 

## **NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2024** 

- 2 ADMINISTRATIVE INFORMATION The charity is unincorporated and registered as a charity on 6 June 2022 with the Charity 

## Commission. Its registration number 

is 1199183. The charity is a public benefit entity. The registered address of the charity is St John's Church, Forton Road, Gosport, PO12 4TQ. 

## 3 VOLUNTARY INCOME 

- 4 

|HARITABLE INCOME<br>TOTAL INCOME<br>Wedding and funeral fees<br>Events<br>Hire income<br>Coffee income<br>Donations<br>Gift aid recoverable<br>Collections<br>Donations from organisations<br>Grants<br>41,679<br>6,155<br>1,651<br>32,168<br>1,705<br>Unrestricted funds<br>£<br>Unrestricted funds<br>£<br>87,493<br>14,207<br>13,429<br>2,000<br>5,710<br>122,839<br>4,051<br>4,051<br>-<br>-<br>-<br>Restricted funds<br>£<br>Restricted funds<br>£<br>10,682<br>1,717<br>2,344<br>3,609<br>189,846<br>208,198<br>2024<br>£<br>10,206<br>1,651<br>32,168<br>1,705<br>-<br>45,730<br>2024<br>£<br>98,175<br>15,924<br>15,773<br>5,609<br>195,556<br>331,037|2023<br>£<br>201,295<br>2023<br>£<br>79,415<br>22,703<br>18,068<br>966<br>80,143<br>8,169<br>-<br>29,036<br>3,184<br>-<br>40,389|
|---|---|



## CHARITABLE INCOME 

9 



**PAROCHIAL CHURCH OF HAVEN CHURCH** 

## **NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2024** 

|5|<br>EXPENDITURE|||||
|---|---|---|---|---|---|
||Note|Unrestricted funds|Restricted funds|2024|2023|
|||£|£|£|£|
||Worship|8,717|-|8,717|8,101|
||Leadership development|3,562|3,970|7,532|1,720|
||Publications & Printing|2,863|179|3,042|3,471|
||Pastoral|467|40|507|316|
||Community|8,496|636|9,132|5,745|
||Youth|1,697|-|1,697|377|
||Travel|1,378|325|1,703|2,099|
||Owned and leased facilities|1,921|23,704|25,625|21,157|
||Hospitality|1,394|98|1,492|1,217|
||Parish Share|30,000|-|30,000|15,000|
||Heat and Light|35,002|-|35,002|36,427|
||Insurance|10,106|-|10,106|9,777|
||Parochial fees|-|4,051|4,051|7,913|
||Office costs|13,324|4,677|18,001|20,414|
||Altar expenses|-|-|-|-|
||Rates and water|4,349|-|4,349|4,150|
||Church outreach|-|-|-|-|
||Missions|2,383|9,857|12,240|8,275|
||Bank charges|199|-|199|186|
||Repairs and maintenance|24,350|20,353|44,703|32,461|
||Staff costs|857|122,660|123,517|29,351|
||Legal and professional services|2,107|-|2,107|-|
||Accounting and bookkeeping|1,122|-|1,122|2,850|
||Coffee Hub expenses|350|417|767|89|
||Depreciation|-|-|-|960|
||Loss on sale of asset|-|-|-|2,600|
||Sundry|1,928|150||6,243|
|||||2,078||
||TOTAL EXPENDITURE|156,572|191,117|347,689|220,899|



Included within accounting and bookkeeping, is £942 (2023: £720) payable to the independent examiners. 

10 



**PAROCHIAL CHURCH OF HAVEN CHURCH** 

## **NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2024** 

- 6 STAFF COSTS AND RELATED PARTIES 

Prior to August 2023 SDF staff roles were paid through Harbour church and reimbursed directly, Haven Church PCC did not incur any costs in this respect. 

From September 2023 onwards, Staff were paid by Haven Church. Costs incurred directly since September 2023 are reported in these financial statements. 

No employees earned more than £60,000 during this or the prior year. 

Haven Church PCC employed seven staff members at December 2024 (four at December 2023). 

|STAFF COSTS<br>Wages and salaries<br>Social security costs<br>Employers’ contribution to pension<br>Operating costs of pension scheme<br>Other employee benefits<br>2024<br>112,531<br>7,743<br>2,213<br>-<br>1,030<br>123,517|2023<br>24,574<br>1,783<br>612<br>-<br>2,382|
|---|---|
||29,351|



No trustees were reimbursed expenses (2023: £nil) for other costs incurred on behalf of the charity. 

- 7 TANGIBLE ASSETS 

|||Total|
|---|---|---|
|COST|£|£|
|At 1st January 2024|-|-|
|Additions during the year|-|-|
|Sale during year|-|-|
|At 31 December 2024|-|-|
|DEPRECIATION|||
|At 1 January 2024|-|-|
|Charge for year (partial)|-|-|
|Eliminated on disposals|-|-|
|At 31 December 2024|-|-|
|NET BOOK VALUE|||
|At end of the year|-|-|
|At beginning of year|-|-|



11 



## **PAROCHIAL CHURCH OF HAVEN CHURCH** 

## **NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2024** 

## 8 FIXED ASSET INVESTMENTS 

||CCLA|Investments|
|---|---|---|
|||£|
|Cost or market value of investments at 1 January 2024||10,020|
|Additions||-|
|Disposals during year||-|
|Gain on revaluation of investment assets||235|
|Cost or market value of investments at 31 December 2024||10,255|
|9<br>DEBTORS|||
||2024|2023|
||£|£|
|Income tax recoverable|10,998|22,436|
|Other debtors|16,442|42,415|
|Prepayments|6,375|5,252|
||33,815|70,103|
|0<br>CREDITORS: amounts falling due within one year|||
||2024|2023|
||£|£|
|Other creditors|614|1,775|
|Accruals and deferred income|11,062|4,478|
|Payroll liabilities|7,753|3,389|
||19,429|9,642|



## 10 CREDITORS: amounts falling due within one year 


12 



## **PAROCHIAL CHURCH OF HAVEN CHURCH** 

## **NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2024** 

## 11 RESTRICTED FUNDS 

||At beginning of|Income and||Transfers between|At end of|
|---|---|---|---|---|---|
||year|gains|Expenditure|funds|year|
||£|£|£|£|£|
|RESTRICTED FUNDS||||||
|CC Crosses fund|61|-|-|-|61|
|CC Home communion sets|13|-|-|-|13|
|CC Organ fund|55|-|(55)|-|-|
|HT Fabric Fund|16,582|636|-|-|17,218|
|HT Clock Tower Campanile|1,921|-|-|-|1,921|
|HT Friends of Holy Trinity|4,390|5,920|(2,279)|-|8,031|
|HT Church Arts Initiative|4,682|198|-|-|4,880|
|HT Organ Restoration|14,970|892|-|-|15,862|
|HT Organ Maintenance|1,118|-|-|-|1,118|
|All Churches Trust Coffee Van|495|-|(495)|-|-|
|St Francis Hall|3,065|76|-|-|3,141|
|Mrs P Brading Legacy|96|-|(96)|-|-|
|SDF Gosport|-|139,789|(138,903)|-|886|
|CRT - Ray|15,915|5,000|(12,134)|126|8,907|
|All Church Trust heating|5,600|-|-|-|5,600|
|Love Christmas|-|-|-|-|-|
|CRT - Kids worker|126|-|-|(126)|-|
|National Lottery - Queen's Jubilee|392|-|-|-|392|
|CAP|2,001|-|(2,001)|-|-|
|Kitchen Table|337|12,021|(7,856)|-|4,502|
|Hearts for Hospitality|423|-|-|-|423|
|Statutory Fees|-|4,051|(4,051)|-|-|
|Earthquake Syria|190|-|(190)|-|-|
|Vista|-|41,682|(22,930)|-|18,752|
|Love Community|-|369|(126)|-|243|
|Alpha|-|110|-|-|110|
|St John’s Art Exhibition|-|3,545|-|-|3,545|
||72,433|214,289|(191,117)|-|95,605|
|ENDOWMENT FUNDS||||||
|St John's Forton - Sturmey Fund|12,703|159|-|-|12,862|
||12,703|159|-|-|12,862|



13 



**PAROCHIAL CHURCH OF HAVEN CHURCH** 

## **NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2024** 

11 RESTRICTED FUNDS continued 

## **Christ Church Crosses Fund** 

Accumulated congregational donations for crosses bought for Palm Sundays. 

## **Christ Church Home Communion Sets** 

Accumulated congregational donations for communion supplies. 

## **Christ Church Organ fund** 

Accumulated congregational donations for organ maintenance and repairs. 

## **Holy Trinity - Fabric fund** 

Represents accumulated donations and appeals for fabric maintenance. 

## **Holy Trinity - Clock Tower Campanile** 

Represents accumulated donations and appeals for The Holy Trinity Clock and Campanile Restoration. 

## **Holy Trinity - Friends of Holy Trinity** 

Donations from the members of The Friends of Holy Trinity Church assist in the repair, conservation and improvement of the fabric and the historically valuable artefacts of the church. 

## **Holy Trinity - Church Arts Initiative** 

Represent accumulated donations and appeals for The Holy Trinity Arts Initiative Funds. 

## **Holy Trinity - organ restoration** 

Represents accumulated donations and appeals for the restoration of The Holy Trinity organ, including the balance of the grant from the Heritage Lottery Fund. 

## **Holy Trinity - organ maintenance** 

Represents accumulated donations and appeals for the maintenance and upkeep of Holy Trinity Organ and Pianos. 

## **St Francis Hall** 

Historic St John's Forton fund from a mission cabin in the town of Gosport that was closed down and remaining funds were set aside for future missional use. 

## **All Churches Trust coffee van** 

Restricted grant for the coffee van project and community outreach. 

## **Mrs P Brading legacy** 

Funds for the introduction of a memorial bench. 

## **SDF Gosport** 

Strategic redevelopment grant from the Church Commissioners. 

## **CRT - Ray** 

Church Revitalisation Trust grant for administrative support. 

## **All Churches Trust heating** 

Grant contribution to the installation of a new heating system at Christ Church. 

14 



**PAROCHIAL CHURCH OF HAVEN CHURCH** 

## **NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2024** 

11 RESTRICTED FUNDS continued 

## **Love Christmas** 

Project to supply families with Christmas Hampers, funding covered purchase of food and toys. 

## **CRT - Kids worker** 

CRT kids worker - Grant towards salary costs for a Kids Worker in the parish. 

## **National Lottery - Queen's Jubilee** 

Project to celebrate Queen's Platinum Jubilee. 

## **CAP** 

Christians against Poverty – funds to support provision of CAP services in the parish. 

## **St John's Forton - Sturmey Endowment Fund** 

Bequests received by St John's Forton. 

## **Kitchen Table** 

Community project to provide food to local families to support with cost of living. 

## **Hearts for Hospitality** 

Churches Together In Gosport have a heart for the homeless, the disadvantaged and the displaced, to give people hope and see people’s lives transformed through hospitality. 

## **Young Producers** 

Gosport Creates awarded a grant to St John’s Arts to run a community mural project for young people. 

## **Statutory Fees** 

Fees collected for Wedding and Funeral services on behalf of the Diocese 

## **Earthquake Syria collection** 

To help with the medical supplies needed for hospitals that are overwhelmed and running low. 

## **Vista** 

Vista Gosport is a project aiming to reach out to women in the sex industry, past or present. The team offer 1:1 meet-ups, a chance to talk and help with planning safety and next steps if they are seeking change. Listening and emotional support, and prayer if they would like that. The team can help them access money management, immigration and legal advice, drug and alcohol, housing, sexual health, domestic abuse and sexual violence services and counselling. 

## **Love Community** 

Funds to support outreach activity in Gosport through activities to engage the local community. 

## **Alpha** 

Grant to support parishes starting an Alpha course in low-income areas. Alpha is an 11-week course that creates a space, in person, where people are excited to bring their friends for a conversation about faith, life and God. 

## **St John’s Art Exhibition** 

Funding from Gosport Council Heritage fund for art exhibition at Saint John’s church. 

15 



## **PAROCHIAL CHURCH OF HAVEN CHURCH** 

## **NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2024** 

## 12 UNRESTRICTED FUNDS 

||At beginning of|Income and||Transfers||
|---|---|---|---|---|---|
||year|gains|Expenditure|between funds|At end of year|
||£|£|£|£|£|
|UNRESTRICTED FUNDS||||||
|Christ Church - donations fund|1,000|-|-|-|1,000|
|Christ Church - Fabric Fund|1,777|-|-|-|1,777|
|Holy Trinity church assets|1,037|-|-|-|1,037|
|St John's Forton church assets|6,897|-|-|-|6,897|
|Defibrillator|-|1,144|(750)|-|394|
|Flowers|-|92|-|-|92|
|Holy Trinity Outreach|-|543|(147)|-|396|
|St. John’s Arts|-|6,027|(3,403)|-|2,624|
||10,711|7,806|(4,300)|-|14,217|
|General funds|39,527|158,112|(152,272)|-|45,367|
||50,238|165,918|(156,572)|-|59,584|



## **Christ Church - donations fund** 

Congregational giving for worship costs. 

## **Christ Church - Fabric fund** 

Congregational giving and fundraising for investment into the building. 

## **Holy Trinity Church assets** 

These relate to the assets of Holy Trinity Church, gifted to the PCC, together with income and expenditure attributed to that particular church for 2021. 

## **St John's Forton Church assets** 

These relate to the assets of St John's Forton, gifted to the PCC, together with income and expenditure attributed to that church for 2021. 

## **Defibrillator** 

Funds raised for purchase, installation and maintenance of defibrillator at Christ Church location, Stoke Road. 

## **Flowers** 

Collections for flowers displays within the churches. 

## **Holy Trinity Outreach** 

The Holy Trinity Outreach fund is dedicated to raising funds for community events such as BBQs, pancake lunches, and fish and chip lunches etc.. These events aim to engage and connect residents, fostering a sense of community and encouraging social interaction. 

16 



## **PAROCHIAL CHURCH OF HAVEN CHURCH** 

## **NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2024** 

## 12 UNRESTRICTED FUNDS continued 

## **St. John’s Arts** 

Series of community arts events hosted at St. John's Church in Gosport, aim to engage local youth in creative activities such as the Gosport Play, DJ workshops, barn dances, and youth open mic nights. The initiative fosters artistic expression, provides opportunities for skill development, and strengthens community connections, all while promoting access to the arts for young people in the area. 

## 13 ANALYSIS OF NET ASSETS BY FUND 

||Restricted|Unrestricted|Endowment||
|---|---|---|---|---|
|At 31 December 2024|Funds|funds|funds|2024 Total|
||£|£|£|£|
|Tangible assets|-|-|-|-|
|Investments|3,141|-|7,114|10,255|
|Current assets|100,817|70,660|5,748|177,225|
|Current liabilities|(8,353)|(11,076)|-|(19,429)|
||95,605|59,584|12,862|168,051|
||Restricted|Unrestricted|Endowment||
|At 31 December 2023|Funds|funds|funds|2023 Total|
||£|£|£|£|
|Tangible assets|-|-|-|-|
|Investments|3,065|-|6,955|10,020|
|Current assets|73,086|56,162|5,748|134,996|
|Current liabilities|(3,718)|(5,924)|-|(9,642)|
||72,433|50,238|12,703|135,374|



17 



## **PAROCHIAL CHURCH OF HAVEN CHURCH** 

## **14 PRIOR YEAR STATEMENT OF FINANCIAL ACTIVITIES** 

## **YEAR ENDED 31 DECEMBER 2023 (Including Income and Expenditure Account)** 

|INCOME<br>Voluntary income<br>Charitable activities<br>Other income<br>Investment income<br>Net assets gifted from CC, HT,<br>SJ<br>TOTAL INCOME<br>EXPENDITURE<br>Charitable activities<br>TOTAL EXPENDITURE<br>NET INCOME FOR YEAR BEFORE TRANSFERS<br>TRANSFERS BETWEEN FUNDS<br>NET INCOME FOR YEAR AFTER TRANSFERS<br>GAIN ON INVESTMENTS<br>FUND BALANCES AT 1 JANUARY 2023<br>FUND BALANCES AT 31 DECEMBER 2023<br>Note<br>3<br>4<br>5<br>17,511<br>(3,512)<br>13,999<br>-<br>36,239<br>50,238<br>Unrestricted<br>funds<br>£<br>105,734<br>38,723<br>4,849<br>292<br>-<br>149,598<br>132,087<br>132,087<br>88,812<br>88,812<br>9,425<br>3,512<br>12,937<br>239<br>59,257<br>72,433<br>Restricted funds<br>£<br>95,561<br>1,666<br>0<br>1,010<br>-<br>98,237<br>Endowment<br>funds<br>£<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>598<br>12,105<br>12,703<br>26,936<br>-<br>26,936<br>837<br>107,601<br>135,374<br>2023<br>£<br>201,295<br>40,389<br>4,849<br>1,302<br>-<br>247,835<br>220,899<br>220,899|(62,224)<br>-<br>(62,224)<br>(635)<br>170,460<br>107,601<br>2022<br>£<br>139,565<br>28,419<br>6,043<br>504<br>-<br>174,531<br>236,755<br>236,755|
|---|---|



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## **PAROCHIAL CHURCH OF HAVEN CHURCH** 

## **15 PRIOR YEAR FUNDS MOVEMENTS** 

|||Income and||Transfers between||
|---|---|---|---|---|---|
||At beginning of year|gains|Expenditure|funds|At end of year|
|||£||£||
|**RESTRICTED FUNDS**|£||£||£|
|RESTRICTED FUNDS||||||
|CC Crosses fund|61|-|-|-|61|
|CC Home communion sets|13|-|-|-|13|
|CC Organ fund|55|-|-|-|55|
|CC Musical instruments|180|-|(227)|47|-|
|HT Fabric Fund|16,210|372|-|-|16,582|
|HT Clock Tower Campanile|1,921|-|-|-|1,921|
|HT Friends of Holy Trinity|7,292|6,034|(8,935)|-|4,390|
|HT Church Arts Initiative|4,566|116|-|-|4,682|
|HT Organ Restoration|14,448|522|-|-|14,970|
|HT Organ Maintenance|1,118|-|-|-|1,118|
|All Churches Trust Coffee Van|495|-|-|-|495|
|St Francis Hall|2,826|239|-|-|3,065|
|Mrs P Brading Legacy|1,000|-|(904)|-|96|
|SDF Gosport|-|65,143|(66,352)|1,209|-|
|CRT - Ray|915|15,000|-|-|15,915|
|All Church Trust heating|5,600|-|-|-|5,600|
|Love Christmas|164|516|(699)|19|-|
|CRT - Kids worker|-|126|-|-|126|
|National Lottery - Queen's Jubilee|392|-|-|-|392|
|CAP|2,001|-|-|-|2,001|
|Kitchen Table|-|6,382|(6,045)|-|337|
|Hearts for Hospitality|-|671|(247)|-|423|
|Statutory Fees|-|1,666|(3,903)|2,237|-|
|Young Producers|-|1,500|(1,500)|-|-|
|Earthquake Syria|-|190|-|-|190|
||59,257|98,476|(88,812)|3,512|72,433|
|ENDOWMENT FUNDS||||||
|St John's Forton - Sturmey Fund|12,105|598|-|-|12,703|
||12,105|598|-|-|12,703|



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