THE ECCLESIASTICAL PARISH OF FORDINGBRIDGE AND HYDE
AND BREAMORE AND HALE WITH WOODGREEN
ALSO KNOWN AS
AVON VALLEY CHURCHES
REPORT OF THE TRUSTEES
AND
UNAUDITED FINANCIAL sfATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
Charlty Number: 1201768

THE ECCLESIASTICAL PARISH OF FORDINGBRIDGE AND HYDE
AND BREAMORE AND HALE WITH WOODGREEN
CONTENTS OF ThE FINANCIAL sfATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
Page
Charlty Infonnatlon
Report of the Trustees
Independent Examlnerfs Report
Statement of Flnancial Actlvltles
io
Balance Sheet
li
Notes to the Financlal Statements
12

THE ECCLESIASTICAL PARISH OF FOROINGBRIDGEAND HYDE
AND BR£AMORE AND HALE WITH WOODGREEN
CHARITY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2023
BOARD OF TRUSTEES:
The Revd Nigel Jo)hn Coates
Mr5 Caroline lane Cant
Mrs Heather Clark
Ms Ruth Cr051and
Mrs janet Butcher
Mr John Dowsett
M¥ Andrew Finch
Mr Martin Ings
Mrs Beverly Judd
Mrs Mary Melbourne
Mr lan Newman
Mrs Alexandra Sèins
Mr julian Sims
Mr Nigel Spratt
Mrs Lynette Stanford
Mrs Alison Stevens
Mrs Lynda Warne
Mr Markward
appointed 3 1 October 2023
appointed 12 May 2022
appointed 12 May 2022
- appointed 3 May 2023
resigned 3 May 2023
res18ned 7 july 2023
-appointed 3 May 2023
appointed 3 May 2023
PRINCIPAL ADDRE55:
Avon Valley Churche5
The Rainbow Centre
39 Salisbury Street
Fordingbridge
SP6 IAB
CHARITY NUMBER..
1201768
INDEPENDENT EXAMINER..
T Ausireng FCA CTA
Fawcetts LLP
Chartered Accountants
Windover House
St Ann Street
Sa115bury
SPI 2DR
BANKERS:
N2tWest Bank plc
48 Blue Boar Row
Salisbury
SPI IDF
Lloyds Bank pSc
25 High Street
Ringwood
8H24 IBD

THE ECCLESIASTICAL PARISH OF FORDINGBRIDGE AND HYDE
AND BREAMORE AND HALE WITH WOODGREEN
REPORT OF THETRUSTEES
FOR THE YEAR ENDED 31 DECEMBER 2023
The trustees present their report and account5 for the year ended 31 December 2023.
The accounts have been prepared in accordance with the accounting policies set out in Note I to the
3ccounts and comply with the applicable law, the requirements of the Charities SORP 2019 IFRS 1021,
nd the Charities Act 2011.
AIM AND PURPOSES
The parish has been In a vacancy during 2023. The Parochial Church Council IPCCI of the Avon Valley
Churthes had the responsibility of promoting in the eccleslastical parish, the whole mission of the
Chu¥ch. pastoral, evangeli5tlC, social and ecurnenical.
The PCC is also specifically responsible for the maintenance of the Church 8uildings of the Parish St
Mary's, Fordingbridge and the Church Hall,. Holy Ascension, Hyde and the Church Centre: St Mary's,
Breamore. St Mary's, Hale: St Boniface, Woodgreen; St Aldhelm's, Sandleheath (leased to the
Sandleheath Village Hals Association on a long fulty repairing lease). Si Giles,, Godshill (not at presenl
used for public worship. but as a retreat and visitors. centrel.
OBJECTIVES AND ACTIVITIES
The PCC Is committed to enabling 3$ many people as possible to worship at our Churches and to
become part of the Church communities ol the Parish. The PCC maintains an overview of worship
throughout the Parish and makes suggestions on how our Services can involve the many group5 that
live within our Parish. Our seTV1ces and worship put faith into practice through prayer and scripture.
music and sacrament.
When planning our activities for the year, we have considered the Charity Commission's guidance on
public benefit and, in particular, the supplementary guidance on charities for the advancement of
religion. In particular. we try to enable ordinary people to Ilve out their faith as part of our parish
tommunity through..
Worshlp and prayer; learning about the Gospel,. and developing their knowledge and trust in
jesus.
Provision of pastoral care for people living in the parish.
Missionary and outreach work.
To facililate thi5 work it is important that we maintain the fabric of rhe churches and halls in
the parish.
Iconlinued on next pagel

THE ECCLESIASTICAL PARISH OF FOROINGBRIDGE AND HYDE
AND BREAMORE AND HALE WITH WOODGREEN
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 310ECEMBER 2023
ACHIEVEMENTS AND PERFORMANCE
A great de31 of time has continued to be spent on the organisation involved in beconiing a single
parish ènd with the process of the appointment of a new incumbent.. we were delighted that we were
able to appoint a new incumbent at the end of October and a treasuref for the whole parish was
appointed at the APCM in May. We have also been pleased with the continuing support for our new 6
o'clock service with its informal style of worship this has continued sinte our curate left and has
been run by the laity. A monthly Messy Church has continue{4 to flourish at Hyde and there has also
been a holiday version of Messy Church - 6 times a year- in Fordingbridge which is attended by about
30 families. The parish has S fortnightly home study groups, prayer groups, bi-mDnthly Men's group
and a rnonthly Mothers, Union at Hyde. There is a parish 'Mission Matters Group" which meets
regularly with the aim of bringing a focus in our churche5 on Mission & Soci31 justice awareness.
The parish eontinues to have very good relationships with its schools
fortnightly "Open the Book"
sessions 3t Fordingbridge, Hyde and Breamore and also fortnightly 35semblies in the church schools.
The church schools have also run services in the churches for their pijpils and parents. A fu11 set of
notes fiom the various organisations in the parish is separately available.
The Avon Valley Community Matters IAVCMI was chaired by the Revd. Kate Wilson who very sadly
died in October; it has continued (under the direction of Sue Ledgerl to run a charity shop in
Fordingbridge and thls has been a great achievement and attracts many people, some of whom come
regularly for tea and a chat. The AVCM also runs superstars once a week during term time and a
variety of events and activities during the school holidays and half-terms
during the summer they
had weekly family picnics across the parish which were very well attended and very popul8r. The
AVCM is also heavily involved in our pastoral outreach- See below.
PASTORAL CARE
Ably led by the Revd Kate Wilson until her death, our Parish Visiting Team and Pastoral Care BCMS
have aimed to provide pa5tOfal care, for those who need it. across the Parish, whether regular Church
attendees or not. Mary Melbourne has taken over the leadership of this group. There are regular
visit5 to three of the local care homes and members of the congregations take communion to those
who can no longer attend church. The regular "friendship group~ meets twice a month and 15
increasing in size 311 the time.
WORSHIP AND PRAYER
The PCC is keen to offer a range of services during the week and over the course of the year that our
community find both beneficial and spiritually fulfilling.
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THE ECCLESIASTICAL PARISH OF FORDINGBRIDGE AND HYDE
AND BREAMORE AND HALE WITH WOODGREEN
REPORT OF THETRUSTEES
FOR THEYEAR ENDED 31 DECEMBER 2023
WORSHIP AND PRAYER ICONTINUEDI
The introductiijn of the 6 o'clock seTVlte has proved very welcome and it attracts people who do not
corne to other services, as well as regular members. It is also an opportunity lor members of the laity
to be involved, both in speaking and in music through the 'mustard seeds 8TOUP"
There is an online morning prayer ihree times a week to which all are very welcome.
Our curate (until his depèrture in July) and our team of retlred clergy alld licensed laity have been
amazing in keeping our worship continuing every week in our churche5 and we are very grateful to
them for all that they do. We are also grateful to the members of the laity who have undertaken
training to lead worship and speak and who do so in all of our churches.
ECUMENICAL RELATIONSHIP5
The parish is 3 member of 'Fordingbridge Churches Together" and has joined with them In an annual
joint service held at Burgate School. Churches Together 3150 organises an annual 'Walk of Witness"
tsn Good Friday in which all our ¢hurches take part. Hyde Church continues to run monthly midweek
services in Frogham Chapel and the 6 0'clo¢k service attracts people from many churches in the area.
DEANERY SYNOD
The AVC is represented by four members on Christchurch Deanery Synod. The Synod met three times
n 2023, in February, June, and October.
Deanery Synod is a link between our PCC and the Diocesan Synod. It5 role is rnainly to look after
mission and pastoral matters in the Deanery, help parishes deliver the Diocesan strategic priorities
and to monitor and support the allocation of Parish Share across the Deanery to the Common Mission
Ftjnd.
The year began with a February Zoom meeting when lemima Lewis. Diocesan Head of
Communicaiions and Engagement gave an informative presentation about communicational
opportunities for publicity and engagement with our Communities. She also explained how
communication from the Diocese to churches and parishioners was being given more focvs with the
expanded weekly newsletter the main tool for sharing Inforrnation more widely.
In June St Mary the Virgin, Bransgore hosted a Synod meeting welcoming all the newly elected
members with a service of Holy Communioll led by Rev Canon Charles Stewart Ivicar of Christchurch
Priory) the Assistant Area Dean. A presentation was also given following the recent visit to the
Deanery's mission partners Kinkiizi Diocese in Uganda.
The final meeting of 2D23 was held In October at Ellingham H311 with a focus on Lay Ministry. Synod
welcomed Greg Eland, Senior Mission and Ministry Trainer from the Diocese who highlighted the
opportunities available lor Lay Ministry training through the Bishop's Commi5510n for Missioft18CMI
and Bishop's Permission to Preach IBPPI courses.
(continued on next pagel

THE ECCLESIASTICAL PARISH OF FORDINGBRIDGE AND HYDE
AND BREAMORE AND HALE WITH WOODGREEN
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 DECEMBER 2023
DEANERY SYNOD ICONTINUEDI
The Deanery overseas link with Kinkiizi Diocese Uganda continues to operate. Climate change is
affecting Uganda as it 15 Coufitries worldwide, and they experienced heavy rainf311 in the early part of
2023. So fnuth so there were fears of landslides behind the Health Centre staff accommodation
Christchurch House and the Deanery was asked to help with financing the construction of a flood
defence wall behind the house. Following a Deanely wide appeal enough funds were raised fDr the
wall to be tompleted. Retired clergy were also Supported with financial help towards unexpected
expense5 like medical bills. In 2023 a total of £4,720 was serTrt in support of Kinkiizi Diocese.
The De3nery continue5 to provide opportunities for those working with children and families to
benefit froln sessions run by Lighthouse Miftistries led by Andy Saunders. and is sensitive to the needs
of parishes by proactively supporting them wherever possible. A major challenge in 2023 ha5 been the
number of parishes In vacancy but Deanery off icers have worked hard to support churches through
the process of their interregnums.
Deanery Synod meetings are now all open meeting5 for anyone to 3ttend should they so wish. Ionly if
vote 15 called are restrictions in place for elected members only to cast such a vote.) I would
entourage everyone to consider coming along to hear interesting speakers, have a chance lo meet
other people from across the Deanery, and to share experiences for mutual support.
Gill Tybjerg {Deanery Secretary)
FINANCIAL REVIEW
This year. like the last, has been influenced by the ongoing nece551ty lo set up the systems for
managing the finances of the whole parish as well as those for the individual LCAS. The parish is now
registered with both the Charity Commission and HMRC and regular returns for gift-aid are made
through the church office. The treasurer for the whole parish was appointed at the APCM, she works
closely with the local treasurer5 and the church office. The church office Is now managing all the
centra1 funds so that the accounts are clearer and the Fordingbridge treasurer now h35 just
Fordingbridge LCA accounts to maifttain.
The PCC aims to have 3 reserves policy of keeping 3 balance of at least six months in unrestricted
funds. This was achieved in 2023; however, the parish paid a reduced CMF1£25.000 less than the
original reqvestl. The position looking foiward continues to be challenging. For 2024 the diocese has
agreed a reduction in the CMF for the whole parish of £43.000, but has provided a "flight path" for the
future which assumes that the parish will be able to pay the full request by 2030. See overleaf..
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THE ECCLESIASTICAL PARISH OF FORDINGBRIDGE AND HYOE
AND BREAMORE AND HALE WITH WOODGREEN
REPORT OF THE TRUSTEES
FOR THE YEAR ÉNDED 31 OECEMBER 2023
FINANCIAL REVIEW ICONTINUEDI
CMF Request
(Flight Path)
Actual Request
(estimate at 2%
inciease per annuml
117.395
119.742
122,137
124,580
127,072
129,613
132,205
Reduction Granted
2024
2025
74,395
81,742
90,137
99,580
110,072
121,613
132,205
lindicativel
43,000
38,000
32,000
25,000
17,000
8,000
2026
2027
2028
2029
2030
This will require all the churches in the parish to discuss generoLSS giving with their congregations at a
time when several generous donors have died or moved in all the churche5. The prolon8ed vacancv
has also had an impact and we very much hope that the appointment of our new rector will feverse
some of the problems.
During the year income fell slightly from £284,813 to £254.110 partly as a result of fewer legacies
(£500 in 2023 compared with £5,000 In 20221. On the orher hand, expenditure 00 majof repairs
greatly increased because of the work undertaken at St. Mary s Fordingbridge- major roof repairs, a
new heating system and improvemerts to the electricity cabling. All the costs for this work were met
from the designated fund for this purpose, and that fund fell from £623,699 to £232,115 and the net
assets fell £381,717 frorn £790,479 to £408,762. There is a remaining retention of 2.5%1£7,0001 to be
paid in September 2024. There is more work to be done which will further impact on this designated
fund and it emphasises the need for the effort thai is being made to increase the regular giving of the
current congregation.
The PCC would like to give special thanks to all the local treasurer5 for all their work duiing the change-
over to a single parish and, in particular, to the Hyde treasurer who has done so much towards
preparing the final account5 for the yea¥.
VOLUNTEERS
We woulfl like to thank 311 the volunteer5 who make it Possible for the churches to continue to be
effective places of worship amd outreach dufing a vacancy. We would 3150 like to thank our wonderftjl
team of retired clergy and the lay mini51ry team who have made it POS5ible for us to continue with all
of our services during the vacancy.
The PCC is very grateful to the many volunteers in all of the churches who contribute so much, seen or
unseen. and who make the parish ihe welcoming and vibrant community that tt is.
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THE ECCLESIASTICAL PARISH OF FORDING8RIDGE AND HYDE
AND BREAMORE AND HALE WITH WOODGREEN
REPORT OF THETAUSTEES
FOR THE YEAR ENDED 31 DECEMBER 2023
STRUCTURE. GOVERNANCE AND MANAGEMENT
The PCC accepts the House of Bishops, safeguarding gvidattte, both policles and practice, and it publishes
and regularly feviews its Safeguarding Policy,. we have a central safeguarding officer and assistants in each
local church area.
STRUCTURE, GOVERNANCEANO MANAGEMENT ICONTINUEDI
The method of appointment of PCC members is set out in the Church Representation Rules, supplemented
by the AVC PCC Handbook., this can only be substantially amended by the Annual Parochial Church Meetlng.
The membership of the single PCC is made up as follows..
The Rector
Two Chu¥chwardens from each Local Church Area1= 81
One PCC Member from each Local Church Are31- 41
Any licensed Clergy (including Curates, was Revd. Tom 8urden until july 20231
Four Deanery Representatives Icurrent number)
One Licensed Lay Minister
All those who attend our Services and all members of the congregation are encouraged to register on the
Electoral Roll and stand for election to the PCC.
The PCC members are trustees of the whole parish and are responsible for making decisions on all matters
of general Concern and importance to the parish including decidin8 on how the fund5 of the PCC are to be
spent.
The full PCC met nine times during the year lin¢liJding the APCMI.
ADMINISTRATIVE INFORMATION
The Avon Valley Churches Parish is part of the Christchurch deanery in the Diocese of Winchester wrthin the
Church of England.
The postal address of the Parish is..
The Church Office
39 Salisbury Street
Fordingbridge
SP6 IBB
Tel.. 01425 653163
The PCC is a body corporate IPCC Powers Measure 1956. Church Representatitsn Rules 20061 and 3 charity
registered with the Ch3rily Commission (Number.. 12017681.
(continued on next pagel

THE ECCLESIASTICAL PARISH OF FORDINGBRIDGE AND HYDE
AND BREAMORE AND HALE WITH WOODGREEN
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 DECEMBER 2023
ADMINISTRATIVE INFORMATION ICONTINUEDI
PCC members who have served at any time during 2023 3re'.
Incumbent..
Vacancy
Licensed Asst Prlest..
Revd Nigel Coates
Asst Curate,.
Revd Tom Burden
(until 23rd july 20231
Wardens..
Mr lan Newman
Mr Nigel Spratt
Mrs Heather Clark
Mr Martin Ings
Mr Andrew Finch
Mys Mary Melbourne
Mr5 Lynda Warne
Ms Ruth Crosland
Mr Mark Ward
Mrs janet Butcher
luntil 3rd May 20231
(may be re-elected until 20271
Iijntil 3rd May 20231
Imay be re-elected until 20271
(may be re-elected until 20271
(may be re-elected until 20271
Imay be re-elected until 20271
lrnay be re-elected until 20281
(from 3rd May 20231
Ifrom 3rd May 20231
Representatives on the Deanery Synod. ele¢ted for 3 years 2020-2023:
Mr Mark Ward'131s0 wardenl
Fordingbridge (from 3rd May 20231
Mr John Dow5ell
FL>rdingbrtdge luntil 3rd Mèy 20231
Mrlulian Si￿$
Hyde
Mrs Lynette Stanford
8reamore
Mrs C lane Cant
Hale & Woodgreen
Elected Lay Members: Mrs Heather Clark
Hyde (from 3rd May 20231
Mrs Alex Sains
Fordingbridge Ifrom 3rd May 20231
Mrs Beverly ludd
Hale & Woodgreen (until 7th July 20231
Mrs Alison Steven
Breamore (from 3rd May 20231
Mr lan Newman IAssistaRt Warden) Fordingbridge (from 3rd May 20231
The total number of mefllbers from Fordingbridge is four as specified in the PCC handbook.
Approved by the PCC on
and signed on their behalf by..
Revd. Luke Wickings
Chair
Nigel Spratt
PCC 5etretarv

INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF
THE ECCLESIASTICAL PAR15H OF FORDINGBRIDGE AND HYDE
AND BREAMORE AND HALE WITH WOODGREEN
I report to the charity trustees on my examinatlon of the 8¢counts of the charity for the year ended 31
December 2023. which cornpri5e the Statement of Financial Activities, the Balance Sheet, and the related
notes.
Responsibilithes and basis of report
As the charity's trustees you are responsible for the preparation of the accounts in accoidance with the
requirements of ihe Charitie5 Act 20111.the Act'l.
I report in respect of my examination of the charity's accounts carried out under Section 145 of the Act and
in carrying oui my examination I have followed all the applicable Dlrections given by the Charity
Commission under Section 14515llbl of the Act.
Independent emaminerfs statement
Since the chayity's gross income exceeded £250,000 your examiner must be a member of a body listed in
Section 145 of the Act. I confirm that l am qualified to undertake the examination because l am a member
of the Institute of Chartered Account3nts in Eng13nd and Wèles, which is one of the listed bodies.
I have completed my examination. I confirm that no materièl matters have come to my attentlon in
c()nnection with the examination 8iving me cause to believe that in any material respect..
accounting records were not kept in respect of the charity as required by Section 130 of the Act.
the accounts do not accord with those records.. or
the accounts do not comply with the applicable requirements concerning the form and content
of accounts set out in the Charities IAccounts and Reports) Regulations 2008 other than any
requirement that the accounts give a 'true and fair view, which is not a matter considered a5
part of independent examination.
I have no concerns and have come across no other matters in connection wrth the examination to which
attention should be drawn in this report in order to enable a proper understanding of the accounts to be
reached.
T Austr
ngFCAC
Membero
he In51itute o
Fawcetts LLP
Chartered Accountants
Windover House
ered Accountants in England and Wales
St Ann Street
531isburv
SPI 2DR

THE ECCLESIASTICAL PARISH OF FORDINfj8RIDfjE ANO HYDE
AND BREAMQRE AND HALE WITH WOODGREEN
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 DECEMBER 2023
ljntestritted
Funds
Restricted
FuDd$
Endowment
Funds
Tota15
2023
Totals
I022
INCOME AND E14DOWMENTS
f4r&te
169,841
12,076
18,398
17,582
17.122
17,904
429
758
187.745
12.505
19.156
17.582
17.122
232.808
13.334
10,019
15.739
12,913
3b
3d
Olh£r Income
TOTAL INCOME ANO ENOOWMENTS
235.019
19.091
254,110
234,813
EXPENDITURE ON..
4a
4b
4¢
4,437
633.423
2.1
4.437
639.377
2,100
6,D84
304.732
3.012
5.%4
Governance costs
TOTAL EXPENDITURE
639.960
5.954
645,914
313,828
GAINS I IL055E51 ON INVESTMEt4TS
269
269
9,818
450
9,368
P4ET GAINS I ILOSSESI ON INVESTMENTS
450
9.368
169
LO,087
116,1391
NET IEXPENDITUREI 1114COM
1404,4911
22.505
269
1381.7171
145,2541
Transfers between fullds
13,181
15.6691
NET MOVEMENT IN FLINDS
1391,3101
16.836
17,2431
1381,7171
145.1541
IECONCILIATION OF FUNDS..
Total funds brought forward
623,7(X)
159.536
7.243
790,479
835.733
TOTAL FUldD5 CARRIED FORWARD
232.390
176.372
408.762
790,479
The notes form part of tbese financial Statements
io

THE ECCLESIASTICAL PARISH OF FOADING8RIDGE AND HYDE
AND BflEAMORE AND HALE WITH WOODGREEN
BALANCE Smf ET
31 DECEMBE R 2023
2023
2021
Note
FIX£D ASSETS
Investrnents
204,496
591,775
CURRENT A55ETS
Agency collection
Debtors
Cash at bank and in hand
S,160
16,215
184,421
205,796
8,033
205.363
213,396
CREDITOA5- AMOUNTS FALLING DUE WITHIN ONE YEAR
Agency Collection
Accounts payable
Accruals
30
9.100
9.130
781
6,312
7.092
NET CURRENT ASSETS
204.266
198,704
TOTALASSETS LESS CLIRRENT IIABIUTIES
408,762
790.479
CHARITY FUNDS
UnrestriEted- General funds
Unrestilcted- Desi8nated funds
Restricted funds
Endov4ment fund5
275
232,115
176,372
623,699
159,537
7,243
TOTAL FUNOS
408.762
790,479
The financial staiements were approved and authorised for Issue by the Parochial Church Council on
and were signed on it5 behalf by-.
Revd. Luke Wicking5
Chair
Ni8EI 5pratt
PCC Secretarv
The notes lorm part of these financial statements
li

THE ECCLESIASTICAL PARISH OF FORDINGBRIDGE AND HYDE
AND BREAMORE AND HALE WITH WOODGREEN
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
lo. ACCOUNTING POLICIES
The charity constitutes 3 public benefit entity as defined by FR5 102. The financial statements have
been prepared in accordance with Accounting and Reporting by Charities.. Statement of
Recommended Practice applicable to charities preparing their accounts in accordance with the
Financial Reportin@ Standard applicable ln the United Kingdom and Republic of Ireland IFRS 1021
leffective I january 20191- (Charities SORP 2019 IFRS 10211 and the Charities Act 2011.
The charity does not meet the definition of a larger charity undei the Charities SORP and is therefore
exernpt from the requirement to prepare a cash flow Statements.
The financi31 5t3tements are prepared on a going concern basis. The financial statements are
prepared in Sterling 1£) which 15 the functional cvrrenty of the charity.
The significant accounting policies applied in the preparation of these financial statements are set out
below. These policies have been consistently applied to all years presented unless otherwise stated.
Ib. FUNDACCOUNTING
General lunrestri¢tedl funds of the charity are not Subject to any special restrictions regarding their
use and are available for applicatiofi to the general purposes of the charity. Designated lunrestrictedl
funds comprise monies set aside for a particula¥ purpose by the charity, including funds designated for
the benefit of particular local church areas.
Restricted and endowment funds comprise lal income from endowments which are to be expended
only on the restricted purposes intended by the donor and Ibl revenue donations or grants for a
specific charily activity intended by the donor or which have been raised by the charity lor a particular
purpose. The Cost of raising and administering such funds are charged against the specific fund. A
summary of the purposes of each restricted and endowment fund is available on request.
Ic. INCOME RECOGNITION
All incorning resources are included in the Statement of Flnancial Activities ISOFAI when the charity is
legally entitled to the income after any performance conditions have been met, the amount can be
measured reliably and it is probable that the income will be received.
For donations to be recogni5ed the charity will have been notified of the arnounts and the settlement
date in writing. If there are conditions attached to the donation and this requires a level of
performance before entitlement can be obtained then income is deferred until those conditions are
fully met or the fulfilment of those conditions is within the control of the charity and it is probable
that they will be fulFilled.
12

THE ECCLESIASTICAL PARISH OF FORDINGBRIDGE AND HYDE
AND BREAMORE AND HALE WITH WOODGREEN
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
Ic. INCOME RECOGNITION Icontinuedl
No amount is included in the financial statements for volunteer time in line with the SORP IFRS 1021.
Flxed asset gifts in kind are recognised when receivable and are included at fair value. They are not
deferred over the life of the asset.
Id. EXPENDITURE RECOGNITION
All expenditure is accounted for on an accrtsals basis and has been classified under headings that
aggregate all eosls related to the category. Expenditure is recoÉnised where there is a legal or
constructive obligation to make payments to third parties, it is probable thal the settlement will be
required and the amount of the obligation can be measured reliably. The irrecoverable element of
VAT is incltjded within the ftem of expense to which it relates.
le. DEBTORS
Debtors are measured at their recoverable amounts.
If. CREDITORSAND PROVISIONS
Creditors and provisions ale recogni5ed where the charity has a present obligation resulting from a
past event that will probably result in the transfer of funds to a third party and the amount due to
settle the obligation can be measured or estimated reliably. Creditors and provisions are normally
recognised at thei15eltlement amount after allowing for any trade discounts due.
Ig. PENSION COSTS
The charity contributes to the individual defined contribution pension scheme5 of employees.
Contributions to this scheme are charged to the Statement of Financial Activities as they become
payable,
Ih. FIXED ASSET INVESTMENTS
Fixed asset investment5 are stated at market value at the b31ance sheet date. Realised and unrealised
gains and losses are recognlsed in the Statement of Financial Activlties in the year in which they arise.
13

THE ECCLESIASTICAL PARISH OF FORDINGBRIDGE AND HYDE
ANO BREAMORE AND HALE WITH WOODGREEN
NOTES TOTHE FINANCIAL STATEMENTS. continued
FOR THE YEAR ENDED 31 DECEMBER 2023
2. STAFF COSTS
2023
2022
Wages and salaries
Social secvritv
Defined contribution pension costs
40,124
36,131
878
505
1.156
41,280
37,514
The average monthly nvmber of employees during the period wa5 a5 follows..
2023
2022
Administration
Mvsic
Youth partnership
No employees Teceived total employee benefits (excluding employer pension cost51 of more than
£60,000.
The tiustee5 neither received nor waived any remuneration during the period.
The charity considers its key management personnel comprise the trustee5. Key management
personnel are not remunerated.
A total of £14612022: £6981 wa5 paid to one trustee12022.' one trusteel as reimbursed travel and
stationery expen5e5.
14

THE ECCLESIASTICAL PARISH OF FORDINGBRIDGE AND HYDE
ANO BREAMORE AND HALE WITH WOODGREEN
NOTES TO THE FINANCIAL STATEMENTS. coTrtinued
FofiTHE YEAR ENDEO 310ECEMOER 2023
3. INCOMING RESOURCES
Unrestricted
General
Designated
Funds
Funds
Restrlrted Endowment
Funds
Funds
Totals
2023
Totals
zoiz
3a. INCOMING RESOURCES FROM OONORS
119,141
260
50
2,112
119,191
2,372
119.865
5.779
Wa11 Safe
DDnation5 appeals
Le8acies
Tax Recovered on Gift Aid
Grant5 received
Breamore RectDry Trust
Other funds gener3ted
8,058
500
27,923
515
7.488
5.000
254
3,WO
15,546
5,500
28,177
3.515
12.600
843
187,745
11,463
SS,172
28.193
6.550
5,148
637
232,808
12,600
12,600
157.241
17.904
3b. ACTIVITIES FOR GENERATING FUNDS
F31r rrade Sales
Fundraising
1,979
10,097
12,076
1.979
10.526
12.505
3,650
9,684
13,334
429
429
3t. INCOMÉ FROM INVESTMENTS
Oividend5
Bank Interesr
4,652
13,746
18,398
415
343
758
5,067
14,089
19,156
3.813
6,206
10,019
3d. INCOMING RESOURCES Fflom
CHARITABLE AcfiviTIES
Pee5 for weddin85 and funerals
Parish magazinE sales and advertising
13.415
4,167
17,582
13,415
4,167
17,S82
11,823
3,916
15.739
3e. OTHER INCOMING RESOURCES
VAT refunded
7.796
8.623
609
17,028
7.796
,623
703
615
8.471
3,827
12,913
Miscellaneous
94
17.122
TOTAL INCOMING RESOURCES
12,694
222,325
19,091
254.11
284,813
15

IHEECCL£SIAS￿CALPAftls￿ OE FOIiDINGBRIDfjE AND HYUE
AND BREAMOAE AND HALE WITH WOOOGREEf4
rio7ES TO THE FINANCIAL STATEMENT5- cgntinued
FOR THE YEAR ENDEO JI O£CEMBeR 1423
4. TOTAL RESOUftCES EXPENDED
General
Des￿￿nate
FuDd$
Restrlrted
Fwds
Endowment
Futsds
Tot41s
ZQ23
Totals
2022
4a. COST OF GENERATING FVNDS
2,062
2.124
252
4,437
2.062
2.124
2S2
4.437
2.818
2,690
576
S,084
MaÈaLiiie expenses
4b. CHAIiITABLÉ ACTIVITIES
Outward giv4n8
OepneFyshare
1.236
23D7
3.513
S,719
15.7
IS,79D
9.842
9.477
8.581
9.842
T3KINI Pèid on salaries
1.156
14.492
2,997
103,536
97
213
13,762
823
3,749
1.995
107.675
2,495
12.979
2.997
1.513
Ciergyexpensès
Common Mi55ion Fund
Ission and Outreach
103,S36
97
211
13.762
L3,243
230
8en@IIEe future
1,575
630
4.052
402.771
1.575
1.026
4,562
403.730
2.844
696
396
510
959
1,483
6.316
77,035
2.55$
3.498
3,127
3.6b7
8.870
17.983
2.7
696
3.202
2.949
1.516
28.869
UpkEepol Services
Upkeepof thurch¥aid
3.202
4.731
8.702
28.869
2,2
2.658
£.684
1.782
6,186
2.2(X)
2.658
5.684
12601
31.348
3.582
623,103
7.496
4.317
Mlscellaneous Empen
IA9
3.582
6a9,377
1,0
304.732
ID.319
5.954
4r. fjOVEANArtCE COSTS
Indepeodeni ExaminÈr'S IÈÉ
Accountancy
2,100
2.100
2,100
912
3.012
2,100
2.100
TOTAL RESOUR(£S EXPENDED
I2A19
627,541
5.954
645,914
313,B18
16

THE ECCLESIASTICAL PARISH OF FORDINGBRIDGE AND HYDE
AND BREAMORE AND HALE WITH WOODGREEN
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE YEAR ENDED 31 DECEMBER 2023
S. FIXED ASSET INVESTMENTS
Totals
2023
Totals
2022
Market value at I january 2023
591,775
690,827
Disposa15 at carrying value
1397,0971
182,8131
Unrealised Ilossl I gain on revaluation
9,818
116,2391
Market value at 31 December 2023
204,496
591,775
6. COMMON MISSION FUND
During the year, a contribution to the Common Mission Fund of £103,53612022'. £107,675) was made.
7. RELATED PARTY TRANSACTIONS
There were no related party transactions during the period with the exception ol the transactions detailed in
Note 2 to the fit)ancial statements.
17

THÉ ECCLESIASTICAL PARISH OF FORDINfjBRIDGE ANO HYDE
AND 8REAMORE ANO HALE IAnTH WOODGREEN
P40TESTO IHE F114ANCIAI STATEMENTS
FOR THE YEAR ENDEO 31 DECEMBER 2Q23
MOVEMENT 111 Fuf4DS
Invt5tfflenl
air61
Inromi
Outgolng
resouices
Trnn5fers
JI Oectmber
2023
lJ?n 2ll23
reWLir¢e5
UnrE5tricted lunds-8enèral
Generalfund
1?.694
279
2F5
Unrèstricted lunds-del8naiBd
SS,923
5.823
8.510
95.652
4SO
454.023
9,061
1396.8701
29.418
33,457
LO,￿0
55.106
53.701
10,000
2,400
4.536
?.9Q6
4,378
7.863
158
4.16?
17.¢WI
rpèMorÈ'.
14,86Y
8.866
14,742
FIOWN
Hal8 and WoDdÉFPVn'
352
17.683
3,795
so
IIS.4841
31,126
3,616
364
1,652
414
623.699
450
REStrfrted funds
1.976
537
1.$96
2.086
557
1.685
107
151
922
149
1.?.80
30
89
CBF thèke5peèreluDd
CBF St AldhdM'sSafidlehpath
ioi
9D3
330
19
68
248
9.905
2.554
10.000
450
12.3071
I9.905
899
Churchyard (und
11.4421
1,8
85
51
1.955
1.092
Flrywer (und
2,404
340
2.404
2SO
70
Breèmoie
193
371
Sdo
284
134
7,728
6,28S
5,745
1.SS9
846
947
5,244
S,815
26.484
I,ioa
Organ
4,407
4,489
Madel*ne6(Ateux lesacy
M3IAirEt aooih.Jone5 fvnd
3.359
3.499
3.359
3.499
LS9 537
19.091
5.669
18

TNÈ ECCLESIASTICAL PARISH OF FORDIN¢BRIDGE AND HYDE
AND BREAMORE ANO HALE WITH WOODGREEN
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
MOVEMENT IN FUNDS Icontinuedl
Balance at
l jan 2023
Incomlng
reswrces
Outioln
resoufcÈ5
galns I
ai Dècembp¢
20Z3
Endowmentlunds
Hyde
Anna lane 83rnks endowment
Barwise & Oe3kin endowment
E l ￿ 8anks endowment
M Ellen endowment
1.309
1,818
2,236
1,8Y)
45
72
77
75
7,243
Total funds
408 762
VNRESTRicfED FUNOS..
General free
These ale lundswhi¢h have been a((umulatÈd lor the general pviposesol Ihe Charity. At 31 December 2023 all lunds3rÈ desi8nat¢d lor
DesSKnated
These 3re Ivnds which have been set a￿de by Ehe charlty for use ID the f￿l￿re. Proje￿ funds are designated lor particv1ar projects lor
?dmin151falion purposes only. All designated lunds rernain unrestricted and the Chgrity may move any surplus io oiher8eneral funds.
RESTRICTED AND Ef4DOWMENT FUNDS..
These lundscomprise lal Income from endowmentswhich are to be expended Only on the re5tncted pvrposes Iniended by the donor
nd Ibl revenue donations or granis for a 5pecifi¢ charity acLivIty Iniended by the donoi. A summaryof the purposes of e3£h restricted
aDd endowment fund 15 available Qn requesi.
19

THE ECCLESIAST1CAL PARISH OF FORDING8RIDG£ AND HYDÉ
AND BREAMORE AND HALE WITH WOODGREEN
tJOTESTOThE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
MOVEMENTIN FUNDS- COMPARATIVE BALANCES
Inv251m*nt
¢omlnB
re%￿r
Trnn5fers
31 Dei?mber
2012
ijèn 2022
resOu￿e5
uhrÈstrlctqd lunds.8enorn1
lund
uhiestrltted lunds-desiynaiod
F￿dIngbrIdge
7U.gJO
9.309
499.109
C8F InwesTmertt
8.060
454.023
37.914
183.0001
HydE".
Ge￿Eral fund
48.823
33.QS7
io,(
1.770
4.378
7.86a
5,i¥JU
4.378
6.d93
3.917
8tearnDrp.
Generalfund
13,4Q2
22.598
578
11.361
3S2
352
Halt ènd WoodEie2n.
11.003
3.606
314
30,7F9
3.616
364
io
50
S78
623 697
R•5trlcted fund5
2,283
IiU61
1.97$
537
1.596
ioi
1.843
116
1.041
330
1,4
11881
i.o)o
83
9.905
L.301
I,￿0
248
9.￿5
6.a63
Chvlrhyèrd memarial I￿nd
58
85
Flowei fund
iio
2.404
250
4SO
13601
340
YOvlhg(oupfun
Bieamoie-
t9
7.538
147
17661
5.745
3.017
3.419
l.U95
948
19,765
4.293
61.812
26.485
70.059
5.142
Hale ind Woodyeen..
Orea
4.393
14
4.407
a.349
3.359
3.499
Mai8arel BoGtb.J¢)The5 lund
170.096
8.437
LS9.S38
20

THE ECCLESIASTICAL PARISH OF FORDINGBRIDGE AND HYDE
AND 8REAMORE ANO HALE WITH WOODGREEN
NOTES TOTFIE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2013
MOVEMENT IN FUNDS- COMPARATIVE BALANCES lconi¢nuedl
Investment
galnsl
Balance at
31 Oetember
2022
Balance at
l Jan 2022
Incomlng
resources
Outiolni
resources
Transfers
Endowrnent fvnds
Hyde..
Anna lane Banks endowmertl
8arwi5e & Deakin endowment
E l H Bank5 elldowmeni
M Ellen endowment
1,481
2.061
2,530
2,131
1,309
1,818
2,236
1,880
Total fund5
313
26
LO. ALLOCATION OF TH£ CHARSTY NET ASSETS
The nel 6ssets ace heldlor the various Iyndsos Follows..
Net Current
A%set5
2023
Totsl
Assets
Unresifitted fund5. general
275
156,192
47,799
275
232.115
176,372
75.923
128,$73
Endowtnent Ivnd5
P[ior perrorjnel 055e15 heldlor the vDryousyunds bveiE usfollows."
FIME
Assets
Net Cufrent
Assets
Lonl-term
2Qll
Total
Unrpslricled funds. de￿gnate
465,825
118,707
7.243
157.874
40.830
623￿99
L59,sa7
7,243
Endowmenr funds
TL)ral
198 704
790 479

THE ECCLESIASTICAL PARISH OF FORDINGBRIDGE AND HYDE
AND BREAMORE AND HALE WITH WOODGREEN
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 310ECEMBER 2023
11. PRIOR YEAR COMPARATIVE STATEMENT OF FINANCIAL AcllviTIES
Unre5tfi¢ted
Funds
Restricted
Funds
Endowment
FU￿d$
Totals
2022
INCOMEAND ENOOWMENTS
Note
Donation5 and leg8cies
Olher rradin8 activities
Investmenrs
216,810
13,333
9,498
15,739
12,932
15,998
232,809
13.333
10,019
15,739
12,913
3b
522
3d
Other Incorne
TOTAL INCOME AND ENDOWMENTS
268,312
16,501
284,814
EXPENDITURE ON..
Raising funds
6,084
296,313
3,012
6,084
304,733
3,012
4b
8.420
Governance costs
4c
TOTAL EXPENDITURE
305,409
8.420
313,829
GAINSI ItOSSE51 ON INVESTMENTS
11,2391
114,0401
19601
116,2381
NET GAINS/ILOSSESI ON INVESTMENT5
11,2391
114,0401
19601
116.2381
NET IEXPENDITUREI I INCOME
138,3351
15,9S91
19601
145,2541
Transfers between fund5
11,2001
1,200
NET MOVEMENT IN FVNOS
139,5351
14.7591
19601
145,2541
RECONCILIATION OF FUNDS=
Total funds brDughi forward at l January 2022
657,431
170.099
8,203
835,733
TOTAL FUNDS CARRIED FORWARD
t 31 December 2022
617,896
165,340
7.243
790,479
22