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2024-12-31-accounts

The PCC of Harbour Church Portsmouth Trustees’ report for the period from 1[st ] January – 31[st ] December 2024

Contents: Page
Annual Report 2-12
Independent Examiner’s Report 13
Statement of Financial Activities 14
Balance Sheet 15
Cash Flow 16
Notes to the Accounts 17-23

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The PCC of Harbour Church Portsmouth Trustees’ report for the period from 1[st ] January – 31[st ] December 2024

Administrative Details:

Charity name: The PCC of Harbour Church Portsmouth Charity number: 1202572 Board of Trustees: Rev Lewis Dean (Chair) Danielle Dann (13[th] May – 1[st] September) KaUa Jones (appointed 13[th] May) Morley Lane Rev Katherine Message Clare Hudson Ben Robinson Conrad Meagher Susan Donald Dr Peter Haworth Rev Andrew Hargreaves (resigned 1[st] September) Julie Miller Dr Simon Toh Rev Larry Stone Rev Emma Andersen Neil LaXer Registered address: All Saints Church Commercial Road Portsmouth PO1 4BT Independent Derek Rodwell examiner: Impact the Future Ltd Bennet Verby 7 St Petersgate Stockport SK1 1EB Principal bankers: CAF Bank 25 Kings Hill Avenue Kings Hill West Malling ME19 4JQ

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The PCC of Harbour Church Portsmouth

Trustees report for the period from 1[st ] January – 31[st ] December 2024

The Parochial Church Council (PCC) of Harbour Church Portsmouth present their reports and accounts for the period ending 31[st ] December 2024.

Structure, Governance and Management

Harbour Church Portsmouth is a PCC established by the Church of England. The PCC of Harbour Church Portsmouth operates under the Parochial Church Councils (Powers) Measure 1956 and the Church Representation Rules. The PCC is also a registered charity (number 1202572) with The Charity Commission of England and Wales, operating under the requirements of The Charities Act 2011.

Decision Making

All financial and strategic decisions over £1000 are taken by the trustees. The organisational implementation of the strategy is carried out by senior leadership and staff.

Trustee Training

All staff, volunteers and trustees undergo a formal recruiting and selection process, followed by an induction period that includes any training considered necessary to effectively perform their role. Senior Management of the church consists of clergy, whose pay is set via stipend, the level of which is set by the Diocese.

Volunteers

The church benefit from the dedicated work of a great number of volunteers. In accordance with FRS 102 and the Charities SORP (FRS 102), the economic contribution of general volunteers is not recognised in the accounts.

Objectives and Activities

Our objectives are set out in accordance with The Parochial Church Councils (Powers) Measure 1956, which defines the principal purpose of the PCC as promoting in the parish the whole mission of the church.

The PCC is committed to the vision statement of the church to play our part in the evangelisation of the nation, the re-vitalisation of the church and the transformation of society. In accordance with the vision statement, the church aims to meet its objectives through the provision of church services, courses and planting churches. Given the diversity of the church’s activities, performance is measured on a case-by-case basis.

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Public Benefit

In accordance with our duties as stated in section 17(5) of the Charities Act, we have considered the guidance provided by the Charity Commission in regard to public benefit. This public benefit has been demonstrated by the activities undertaken since inception of the charity outlined in this document.

Achievements and Performance

An Introduction from the Team Rector

Since moving to Portsmouth nearly two years ago, it has been so exciting to see all that God is doing in our community and across the city. It is such a privilege to lead and play our part in such a beautiful, vibrant and powerful community of faith. I want to take the opportunity to thank everyone who has played their part in the vision by the way they serve, pray and give.

We are one church across three locaUons in the City of Portsmouth. Our vision at Harbour Church is to play our part in:

The evangelisation of the nation The re-vitalisation of the church The transformation of society

Throughout 2024, God has exceeded our expectations in every way. We are celebrating new people finding a home at Harbour and people starting relationships with Jesus. We are celebrating that the church is growing and people are playing their part by joining groups or joining teams. We are celebrating that people in the city are being transformed by God’s love through us.

We are really looking forward to the coming year, as two new team vicars join our team to expand our work at our Copnor and City locations. We are excited to see how God uses and grows these new worshipping communities.

Lewis Dean Team Rector, Harbour Church Portsmouth

Sunday Services and Christmas

A 9.30am traditional service is held weekly all All Saints Church (City). The 10am service at St George’s (Gunwharf) is engaging with around 200 people every Sunday and our 6pm service, aimed at reaching those in the 18-30 age group, is currently attended by around 100 people each week. We also offer a livestream of our 10am service for those unable to attend in person. Our 4pm service at St Alban’s (Copnor) engages with young families, many of whom have never been to church before. Since September, the 4pm service has been running monthly, rather than weekly, and has seen lots of new families attending.

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Throughout December, we ran a wide range of Christmas services which were attended by more than 1000 people. The services engaged with our regular worshipping community as well as many who do not have a faith. Highlights from the festive period included our Christmas Spectaculars (theatrical musical performance), a Carols by Candlelight service, Rowdy Carols (featuring contemporary Christmas songs and carols), a Crib service, Midnight Mass and Christmas Day services. This year we also ran a traditional Carol service at our City location for the first time.

Kids and Youth

The Harbour Kids team has continued to find ways to engage with families in the local community. Around 50 children attend Harbour Kids every Sunday morning. We also run a weekly Tots and Toddlers group at our Copnor location, which is attended by around 100 adults and children each week.

In September 2024, we recruited a new Head of Youth. It has been exciting to see the youth work continue to grow. As well as running a provision for younger youth on Sunday mornings, we have been hosting a weekly youth group for older youth on Wednesdays. These events regularly engage with around 40 young people each week.

Courses

We continued to run the Alpha course throughout 2024 with courses held every term, both in-person and online. 125 people attended the course. In October, we hosted ‘Tacos and Trivia’, an evening of food and quizzing designed to be an easy event for congregation to invite their friends to and hear about the Alpha course. 140 guests attended, many of whom were not church members.

We also ran the pre-marriage course for any couples in the church preparing for marriage.

Focus

Our annual weekend away with churches from across the HTB network took place in Newark in July and we took 150 people from our church community, as well as hosting campers from Haven Church Gosport and All Saints Ryde.

Ministry and Development Year (MDY)

We are passionate about seeing young leaders grow into their full potential, both spiritually and practically. We do this through the Ministry Development Year (MDY). In September 2024 we had 3 MDYers start the programme with focus on the areas of worship and production, kids, and communications ministries. As well as spending time in the week with individual teams, developing skills in specific areas, each MDYer had the opportunity to get involved in all areas of church life. In addition to individual one to one mentoring and spiritual direction throughout the year, there is a curriculum of teaching. This year we have partnered with both the national Ministry Experience Scheme (MES) as well as the New Wine Discipleship year (NWDY) and we gather together with others on the NWDY once a week to worship, learn and grow in our faith and understanding of our purpose as well as to

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pray for one another. Everyone has the chance to develop skills that will be transferable into any future role in or out of church. The content of our weekly teaching came from both leaders within Harbour Church and across the diocese who are passionate in seeing young people draw closer to God and discern the call He has on their life. All the MDYers have an opportunity to live together in a shared house, which has been a great opportunity to form strong supporting Christian friendships for all. Our partnership with the New Wine Discipleship year has meant our MDYers have had the opportunity to attend various conferences across the country as well as two residentials with students from across the country.

Social Transformation

Our Love Your Neighbour team continued a strong programme of activities and intervention measures to provide care, support people in crisis and tackle causes of social inequality and deprivation.

Silva

Our Silva ministries, encompassing Spa 61, Haven and Vista have continued to grow and provide unique support and encouragement to women in the city. Our Silva projects have provided for women who face a range of barriers with access to support and safety measures.

Spa 61 provides a safe space for any woman in Portsmouth to experience kind, posiUve community through pamper events. It has conUnued to be popular with an average of 24 women booking in each month, oien with a waiUng list for pamper treatment slots. There is a strong sense of community with many women returning month by month and inviUng friends. Referrals were received from: St Mary’s Mental Health Dept., Society of St James (drug and alcohol service), Portsmouth Carers, Adult Social Care, Stop DomesUc Abuse, Portsmouth City of Sanctuary, ProbaUon and Vista. We offer prayer to each woman, as a clear ‘low pressure’ offer. Women have fed back that this has been greatly appreciated and conversaUons about faith in Jesus have increased. The team is also signposUng women to other services, both internally to Vista, Haven, Foodbank and Safe Harbour and also to external support in the city. The Community Inclusion Grant was awarded to us which helped to fund Spa 61.

Haven exists to provide opportuniUes for women who have experienced or are experiencing exploitaUon, gender abuse or women who have had extreme adverse experiences to discover connecUon with others in a safe, relaxed confidenUal space and to engage in a range of acUviUes. It runs weekly in termUme and welcomes 15-20 aXendees per week. Examples of the posiUve feedback (sought termly) is that 91% of aXendees have felt more posiUve since being at Haven and 87.5% said that they were feeling more connected to the community. The sense of community has grown with increased integraUon between women from different walks of life coming together to support one another. Haven is a partnership between Harbour Church (specifically Vista and Spa 61), Portsmouth City of Sanctuary and The Medaille Trust Moving on Project. As a result, it welcomes a high number of women who are seeking asylum in the UK and the partnership has given a growing number of

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opportuniUes to work together outside of the group to provide high quality support to survivors of human trafficking, modern slavery and exploitaUon. It has been funded through grants from Love CiUes, The Hampshire and Isle of Wight Household Support Fund, the Hampshire and Isle of Wight Community Fund the Easy Access Travel Fund and CommuniUes Against Cancer.

Vista in 2024. We support women through outreach into 9 massage parlours, a strip club, netreach and phone contact and 1:1 support. The team offer prayer to women in the parlours and the strip club when it is welcome, and a registered RelaUonships Counsellor offers regular support as part of our strip club chaplaincy team. We now offer weekly online English lessons to 2 women working in local massage parlours and were able to support another woman away from exploitaUon in a massage parlour and into alternaUve employment. The dayUme 1:1 support is regular client-led keywork and we have had the privilege of seeing women encounter the love of God through these sessions, working with 20 women in 2024. We have signposted and supported engagement with a wide range of services, including: drug and alcohol; mental health and counselling; sexual health; maternity; housing; the NaUonal Referral Mechanism for survivors of human trafficking and modern-day slavery and more. Several women have aXended church, at Harbour and other local churches, some on a regular basis, encountering Jesus and discovering his love as they journey out of the sex industry and exploitaUon and into recovery, healing and alternaUve training, volunteering opportuniUes or employment. At the end of 2023 Vista expanded to Gosport and the Isle of Wight and in 2024 we have conUnued to partner with All Saints Ryde and Haven Church Gosport as the work grows in these places, with new connecUons and supporUve relaUonships developing all the Ume.

Safe Harbour Community Meal

Safe Harbour exists to see everyone in Portsmouth who needs a hot meal provided with one. We want to invest in meaningful relationships and meet people’s deep-seated need for personal, authentic connection. We treat everyone with dignity and love and signpost them onto other services when we can. In 2024 we have had the privilege of providing home cooked, two-course meals to 2,943 (averaging around 60 guests every week) equating to 3,628 meals served (an increase of 27% on 2023 meals served).

With a team of 28 volunteers (up from 18 in 2023) giving over 1,237 hours of their time to serve the community, demonstrating the love of Jesus. Six of our team were former guests that have signed up to volunteer for Safe Harbour and regularly attend to ‘give back’ for the kindness they have received.

Following a vision from some of our team to establish a Safe Harbour Connect group, we now have a gathering every fortnight after the meal, giving guests the opportunity to ask questions about Christianity and providing a stepping stone into the church community, which for some they may have felt so very far from! This is an exciting development and we are trusting Jesus’ plans for this community’s spiritual growth.

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Food Bank plus more!

Our Food Bank runs in the hope of eradicating food poverty; wanting no one in the city to be going hungry. The team understand that there can be a “shame stigma” attached to using a Food Bank and aim to make people feel as comfortable as possible, showing love, restoring dignity, and encouraging those who enter through our doors. Continuing our partnership with Portsmouth Food Bank at Kings Church and under the Trussell Trust guidelines we have provided 2,895 individuals with food parcels (an 35% increase on 2023) equating to over 17,909 meals.

The team comprises 22 volunteers (up from 16 in 2023) giving over 1,986 hours of their time to serve the community, demonstrating the love of Jesus. Four of our team were previous food bank clients that have signed up to volunteer for Food Bank and regularly attend to ‘give back’ for the kindness they have received.

Recognising that those in food poverty may also be in hygiene and clothing poverty, in addition to food we have been able to provide our clients with toiletries, laundry detergent, feminine hygiene products and baby products and in 2024 provided these to 1,149 households (30% increase on 2023). We continue working with Portsmouth Baby Bank, Kids Clothes Line and adult clothing banks to provide over 250 clients with clothing and baby item (25% increase on 2023).

We want our Food Bank to be an environment of hospitality so we provide a free café where guests can get a hot drink, cake or savoury pastry. Volunteers are on hand to chat with guests and offer signposting to other support services. Advice Portsmouth continued regularly attending our sessions until June 2024 (stopping only due to funding ending) and had assisted 31 clients during that time. We have an advisor from the Employability Service (Salvation Army) attending Food Bank to advise clients on getting into work through training opportunities, CV writing and interview skills. We also have a team member whose background is in housing and benefit advice and can advise clients with their queries. A further 39 clients have been assisted up until the end of 2024 (70 in total).

Saturday Breakfast

The Saturday Breakfast team continue to provide breakfast rolls and hot drinks every Saturday, with once a month being a full English breakfast for anyone in need of hot food. We serve about 40 guests every week, equating to over 2,490 meals, and provide a welcoming space for those seeking community. With a team of 15 volunteers (up from 7 in 2023) giving over 753 hours of their time to serve breakfast to the community, demonstrating the love of Jesus.

Love Christmas

We delivered our Love Christmas project for the fifth year running and distributed over 1,000 boxes of chocolates and bags of kindness to the local community. 30 volunteers and 12 staff gave over 300 hours to this project so that those that may be feeling isolated or anxious could experience some joy and hope that Christmas promises.

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Future Plans

We have secured Strategic Mission and Ministry (SMMI) funding from the Church of England, covering two new team vicar roles for our City and Copnor locations, as well as extensive refurbishment of the worship space at these two churches in 2025. This will enable us to plant new worshipping communities at these locations and therefore further our vision of playing our part in the evangelisation of the nation, the revitalisation of the church and the transformation of society in Portsmouth.

Financial Review

In the period to the end of December 2024 Harbour Church raised a total income of £793k (2023 £997k) against total expenditure of £753k (2023 £941k). Unrestricted funds ended the year on £116 up £27k on 2023. Restricted funds received were considerable and totalled £431 (2023 £655k) with a balance of £226k carried forward into 2025. The balance in the bank at the end of 2024 totalled £258k against £242k at the end of 2023.

Please see the financial statements following this report for the details behind these figures.

Reserves policy

It is the aim of the trustees to hold a balance of 3 months of unrestricted expenditure for free and unrestricted reserves, which would indicate a target on net current unrestricted assets of £85k. At the end of 2024 the balance on free reserves came to £110k representing nearly four months of unrestricted expenditure. The trustees are holding these unrestricted funds in reserve while working on the basis of a five-year plan which is forecasting a downturn in restricted funds from 2025 onwards.

Fundraising policy

Harbour Church receives a large proportion of its donations from its congregation. However, we occasionally approach other organisations and grant-makers to assist with special projects. The trustees are committed to maintaining the highest legal and ethical standards in the way the charity undertakes its fundraising activities. All fundraising takes place inhouse, and the charity does not use any third-party fundraisers.

Risk management

Risk management is led by the PCC and key management staff, with risks and subsequent strategies being continually developed to meet the needs of the charity.

Risk awareness is carried out on a day-to-day basis by the clergy team and staff who raise issues to the trustees during bi-monthly PCC meetings. Strategies for managing risks are discussed and agreed during PCC meetings, meetings of the Finance Committee and senior leadership meetings among the staff team. Major risks as identified through the risk assessments are reviewed regularly at PCC and Finance Committee meetings.

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A risk register is reviewed by our senior leadership and is updated at least annually. Where appropriate, systems and procedures have been established to mitigate the risks that the charity faces. Procedures are in place to ensure compliance with health and safety of staff, volunteers and visitors. The schedule of major risks and uncertainties identified by the PCC is set out on page 11.

Safeguarding

The PCC have adopted the Diocese of Portsmouth’s safeguarding policy relating to children, young people and vulnerable people and Sue Donald continues as the Safeguarding Officer. Sue Donald has completed the Diocese’s online training courses in safeguarding young people and vulnerable adults.

The members of the PCC are committed to the principles of best practice in relation to safeguarding and comply with the duty under section 5 of the Safeguarding and Clergy Discipline Measure 2016 in respect of having due regard to House of Bishops’ guidance on safeguarding children and vulnerable adults. The guidance can be read in full on the Church of England official website.

Statement of responsibilities of the Parochial Church Council

Charity law requires the trustees to prepare a statement of financial activities and statement of assets and liabilities for each financial year, which gives a true and fair view of the state of affairs of the church and of its financial activities for that year and adequately distinguishes any material special trust or other restricted fund of the church. In preparing those financial statements the trustees are required to:

The trustees are responsible for keeping proper accounting records which disclose, with reasonable accuracy at any time, the financial position of the church, and to enable them to ensure that the financial statements comply with applicable Accounting Standards and Statements of Recommended Practice and the regulations made under the Charities Act 2011. 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.

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Major Risks and Uncertainties

Risk Mitigation
Harbour Church Portsmouth fails to
act with integrity or in the best
interests of those it serves.
Vision and values are clearly defined and integrated
into the running of the organisation. All staff and
volunteers regularly engage with the charity’s vision
and values.
Inadequate plans for succession in
relation to key roles jeopardise the
future of the organisation.
The Churchwardens are elected annually and carry
the responsibility along with the Bishop to ensure
appropriate clergyroles are fulfilled.
Harbour Church is not managed
properly resulting in poor decision
making, lack of compliance and
reputational damage.
We are accountable to Portsmouth Diocese where a
good relationship is fostered. We are also
accountable within the HTB network to other
churches and leaders. As well as providing
accountability, these connections offer the valuable
opportunity to seek advice and support.
The PCC and Finance Committee meet regularly to
ensure the objectives of the charity are being met
with appropriate strategies andpersonnel.
Information or communications
technology compromised, or critical
data lost through cyber-attack.
All staff IT accounts are managed by an IT firm with
appropriate safeguards in place to back up data and
prevent the spread of malware. Not all staff have
managed devices which presents a degree of risk. As
funding becomes available, we aim for all staff to be
provided with managed devices.
Exposure to financial penalties and
reputational damage due to data
protection breaches, or due to other
legal matters, third-party rights issues,
or regulatorynoncompliance.

Operational staff are aware of the risks and manage
regulatory compliance. There is onboarding training
for all staff. Appropriate levels of insurance are in
place for indemnity and liability coverage.
Lack of sufficient income and/or
inadequate cashflow results in an
inability to meet salary and creditor
payments.
The Finance Committee meet bi-monthly to review
cashflow projections and management accounts.
Forward planning exists in the form of a 5-year plan
to manage long term fluctuations in funding.
Recommendations and updates are feedback to the
trustees every PCC meeting.
3 months of operational reserves are held.
Safeguarding incidents take place or
non-compliance in policy risks harm to
individuals and reputational damage.

Harbour Church Portsmouth has a clear
Safeguarding policy which is reviewed by trustees at
least annually. Each church location has dedicated
safeguarding leads. Staff and volunteers and trained
appropriatelyon an ongoingbasis.

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Signed on behalfofthe PCC of Harbour Church Portsmouth on by Rev Lewis Dean and Chair of Trustees 12

INDEPENDENT EXAMINERS REPORT TO THE TRUSTEES ON THE UNAUDITED ACCOUNTS OF HARBOUR CHURCH PORTSMOUTH

I report to the trustees on my examination of the accounts of Harbour Church Portsmouth for the year ended 31 December 2024, which are set out on pages 14 to 24.

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 I am qualified to undertake the examination because I am a member of the Chartered Institute and Certified 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; 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.

Derek Rodwell FCCA Dated: 2nd May 2025 Impact The Future Ltd C/O Bennett Verby

7 St Petersgate Stockport Cheshire, SK1 1EB

Page 13

The PCC of Harbour Church Portsmouth

Statement of Financial Activities

For the year ended 31st December 2024

Note
INCOME FROM:
Donations and grants
Congregation Giving
2
Grants from organisations
8
Charitable activities
Income from other charitable activities
3
Investment income (bank interest)
TOTAL INCOME
EXPENDITURE ON CHARITABLE ACTIVITIES:
Worship costs
Community ministry costs
Mission costs
Leadership/clergy costs
Church Refurbishment costs
TOTAL EXPENDITURE
4
NET MOVEMENT IN FUNDS
Balances brought forward at 1st January
BALANCES CARRIED FORWARD AT 31 DECEMBER
Unrestricted
Funds
Restricted
Funds
TOTAL
FUNDS
Unrestricted
Funds
Restricted
Funds
TOTAL
FUNDS
2024
2024
2024
2023
2023
2023
£
£
£
£
£
£
248,643
0
248,643
225,670
0
225,670
0
431,065
431,065
5,000
655,973
660,973
248,643
431,065
679,708
230,670
655,973
886,643
111,423
0
111,423
110,253
(1,050)
109,203
111,423
0
111,423
110,253
(1,050)
109,203
1,884
0
1,884
842
0
842
361,950
431,065
793,015
341,765
654,923
996,688
112,270
43,627
155,897
135,441
73,550
208,991
86,384
44,242
130,626
97,025
68,803
165,827
72,869
235,518
308,387
77,502
163,200
240,702
63,124
31,651
94,775
45,101
38,129
83,230
0
62,985
62,985
0
242,722
242,722
334,647
418,022
752,671
355,069
586,405
941,474
27,303
13,043
40,346
(13,304)
68,518
55,214
89,068
212,719
301,787
102,372
144,201
246,573
116,371
225,762
342,133
89,068
212,719
301,787

All amounts are derived from continuing activities.

The notes on pages 17 to 24 form part of these financial statements.

All recognised gains and losses are included in the statement of financiaI activities,

Page 14

The PCC of Harbour Church Portsmouth Balance Sheet As at 31st December 2024 2024 2023 Note FIXED ASSErs Tangible fixed asset5 67,287 45,923 CURRENT AssErs Debtors Gish at bank and in hand 42,403 10 257.670 3(K),073 25,506 242.282 267,788 LIABILITIES: AMOUNTS FALLING DUE wrrHIN (hYE YEAR 11 (25,227) 111,924) NET CURRENT ASSETS 274,846 255,864 LIA3ILiTIES: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR NET ASSETS 342,133 301,787 FUNDS Unrestricted RestrKted 116,371 225.762 89,068 212,719 342,133 301,787 Appr￿ed by the Trustees of Harbour Church, P￿tsm￿th and signed C￿ its behalf by". The notes on pages 17 to 24 form part of these financial statements Page 15

The PCC of Harbour Church Portsmouth

Cash flow statement

For the year to 31st December 2024
2024
£
Net income for the reporting period (as per statement of financial activities)
Adjustments for:
Depreciation charges
20,018
Write off of assets
0
Decrease in value of debtors
(16,896)
Increase/(Decrease) in value of creditors
13,302
Net cash from operating activities
Cash flows from investing activities
Purchase of fixed assets
Increase in cash in year
Reconciliation of net debt
Cash and cash equivalents-
Current account
Giving account
Investment account (1 year)
Borrowings Debt due within one year
Total
For the year to 31st December 2024
2024
£
Net income for the reporting period (as per statement of financial activities)
Adjustments for:
Depreciation charges
20,018
Write off of assets
0
Decrease in value of debtors
(16,896)
Increase/(Decrease) in value of creditors
13,302
Net cash from operating activities
Cash flows from investing activities
Purchase of fixed assets
Increase in cash in year
Reconciliation of net debt
Cash and cash equivalents-
Current account
Giving account
Investment account (1 year)
Borrowings Debt due within one year
Total
2024
2023
2023
£
£
£
40,346
55,214
16,713
0
40,825
(5,469)
16,424
52,069
(41,382)
(28,246)
15,388
79,037
opening
cash flow
closing
01/01/2024
2024
31/12/2024
13,025
(10,377)
2,648
229,258
(4,235)
225,022
0
30,000
30,000
2023
£
16,713
0
40,825
(5,469)
2023
£
55,214
52,069
(28,246)
79,037
242,283
15,388
257,670
0
0
0
242,283
15,388
257,670

Page 16

The PCC of Harbour Church Portsmouth Notes to the accounts For the year ended 31st December 2024

1 . ACCOUNTING POLICIES

Basis of preparation

The financial statements have been prepared in accordance with the Church Accounting Regulations 2006 and 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 January 2019) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011.

Harbour 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 note(s).

The trustees consider that Harbour Church is a going concern and have accordingly prepared the accounts under the historical basis of accounting.

Cash flow forecasts have been prepared for the period to the end of 2025 and these indicate that Harbour Church will be able to continue as a going concern for the next 12 months. The trustees will be reviewing these forecasts on a regular basis throughout 2025. Therefore, the trustees believe that it is appropriate to prepare the accounts as a going concern.

Funds

General funds represent the funds of the charity that are not subject to any restrictions regarding their use. On 8th July 2022 a Mission and Pastoral Measure was passed to unite the parishes of All Saints, Saint Albans and Saint George’s into a united benefice. The new parish is governed by the Parochial Church Council of Harbour Church Portsmouth, which removes the need for running the Charitable Incorporated Organisation of Harbour Church Portsmouth. The assets of the CIO were transferred to the PCC as at the 1[st] January 2024. The PCC is a registered charity number 1202572.

Income

Voluntary income and capital sources

Donations and other income are recognised when received and an estimate of income tax recoverable is recognised when the related donations are recognised.

Grants and legacies to Harbour Church are accounted for as soon as the church is notified of its legal entitlement, the amount due is quantifiable and its ultimate receipt by the church is probable.

Church activities

Fixed assets

Only items costing £500 or above are capitalised. All IT equipment is written off over 3 years on a straight line basis.

All other equipment including sound equipment and fixtures and fittings is written off on a straight line basis over 5 years.

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

Current assets

Page 17

Amounts owing to the church at 31 December in respect of fees, rents or other income are shown as debtors less provision for amounts that may prove uncollectable.

Page 18

The PCC of Harbour Church Portsmouth Notes to the accounts

For the year ended 31st December 2024

2 INCOME

2 INCOME
Congregation Giving
Regular donations
Income tax recoverable
Collections (open plate) at all services
One off gifts
Unrestricted
Funds
Restricted
Funds
TOTAL FUNDS Unrestricted
Funds
Restricted
Funds
TOTAL FUNDS
2024
2024
2024
2023
2023
2023
£
£
£
£
£
£
186,348
0
186,348
164,528
0
164,528
37,409
0
37,409
37,365
0
37,365
9,413
0
9,413
7,342
0
7,342
15,473
0
15,473
16,435
0
16,435
248,643
0
248,643
225,670
0
225,670

3 INCOME FROM CHARITABLE ACTIVITIES

Conference and Event income
Hire of premises
Reimbursements (rates, utilities etc)
Ringo parking
Bridge The Gap income
Tots and toddlers
Weddings and funerals
All Saints Income
Transfer of All Saints and St Georges bank accounts
Bad debt writeoffs
Other income
Unrestricted
Funds
Restricted
Funds
TOTAL FUNDS Unrestricted
Funds
Restricted
Funds
TOTAL FUNDS
2024
2024
2024
2023
2023
2023
£
£
£
£
£
£
10,029
0
10,029
12,603
0
12,603
76,494
0
76,494
66,558
0
66,558
4,096
0
4,096
350
0
350
0
0
0
2,730
0
2,730
3,112
0
3,112
2,759
0
2,759
3,874
0
3,874
2,863
0
2,863
3,587
0
3,587
2,605
0
2,605
5,413
0
5,413
4,216
0
4,216
0
0
0
16,025
0
16,025
0
0
0
(4,682)
(1,050)
(5,732)
4,818
0
4,818
4,224
0
4,224
111,423
0
111,423
110,253
(1,050)
109,203

4a EXPENDITURE- 2024

Worship costs
Community ministry costs
Mission costs
Leadership/clergy costs
Church refurbishment costs
Allocation of staff costs including training, accomodation etc
Allocation of Central admin costs
Allocation of Governance costs
Totals
Direct costs Staff costs
Central admin
costs
Total costs
2024
2024
2024
2024
£
£
£
£
26,884
70,889
58,124
155,897
52,732
51,575
26,320
130,626
125,326
117,647
65,414
308,387
0
30,719
64,056
94,775
62,985
0
0
62,985
267,926
270,830
213,914
752,670
270,830
(270,830)
0
204,276
(204,276)
0
9,638
(9,638)
0
752,672
0
0
752,670

Central costs have been allocated to activities pro-rata to the amount of time that the staff and clergy team spend on each area.

Governance costs includes the independent examiner’s and annual accounts preparation fees of £1950.

4b EXPENDITURE- 2023

4b EXPENDITURE- 2023
Worship costs
Community ministry costs
Mission costs
Leadership/clergy costs
Church refurbishment costs
Allocation of staff costs including training, accomodation etc
Allocation of Central admin costs
Allocation of Governance costs
Totals
Direct costs
Staff costs
entral admin cos
Total costs
2023
2023
2023
2023
£
£
£
£
38,348
102,606
68,038
208,991
67,422
61,714
36,691
165,827
51,174
124,526
65,002
240,702
0
33,747
49,483
83,230
242,722
0
0
242,722
399,665
322,594
219,214
941,473
322,594
(322,594)
0
207,994
(207,994)
0
11,221
(11,221)
0
941,476
0
0
941,473

Page 19

Analysis of expenditure
Unrestricted
Funds
Restricted
Funds
**TOTAL FUNDS ** Unrestricted
Funds
Restricted
Funds
TOTAL FUNDS
2024 2024 2024 2023 2023 2023
Worship costs- direct £ £ £ £ £ £
Sunday costs including food 1,258 0 1,258 2,378 0 2,378
Festival Services 7,309 0 7,309 5,601 0 5,601
Kids on Sundays 1,720 0 1,720 6,222 175 6,397
AM services Gunwharf 4,304 0 4,304 5,745 0 5,745
The Four Copnor 2,382 80 2,462 4,397 529 4,926
The Six 4,487 0 4,487 8,353 0 8,353
Traditional service City 2,538 0 2,538 1,167 0 1,167
Other (including Kids Album costs) 2,807 0 2,807 3,781 0 3,781
26,804 80 26,884 37,644 704 38,348
Community Ministry Costs- direct
Leadership development- internship 11,860 11,258 23,118 1,606 35,881 37,488
Publications and service sheets 4,273 0 4,273 4,816 500 5,316
Pastoral 1,006 0 1,006 2,818 0 2,818
Connect Groups 254 0 254 147 0 147
Conferences & Events 11,386 2,961 14,347 12,919 0 12,919
Youth 5,131 2,061 7,192 8,026 183 8,209
Students 120 17 137 28 0 28
Courses 104 0 104 497 0 497
Volunteers 2,301 0 2,301 0 0 0
36,435 16,297 52,732 30,858 36,564 67,422
Mission Costs- direct
Spa 61 72 1,760 1,832 (70) 2,946 2,876
Alpha 3,022 0 3,022 8,089 1,210 9,299
Safe Harbour 56 4,440 4,496 52 4,553 4,604
CAP 30 0 30 0 849 849
Food Bank 118 4,840 4,958 30 4,276 4,306
Prison Ministry 0 5 5 0 0 0
Bridge the Gap 5,615 0 5,615 5,458 0 5,458
Harbour Co 2,977 0 2,977 5,994 525 6,519
Mission Giving See below 250 1,260 1,510 0 2,500 2,500
Love Your Neighbour 75 2,449 2,524 52 35 87
Vista See below 47 85,399 85,446 87 3,527 3,614
Haven 36 1,567 1,603 541 1,479 2,020
Tots Gunwharf 0 0 0 0 7 7
Tots Copnor 2,467 263 2,730 324 2,106 2,430
Love Christmas See below 0 8,049 8,049 (148) 6,751 6,603
Other 250 281 531 0 0 0
15,014 110,312 125,326 20,409 30,765 51,174
Central Admin Costs
Travel 477 0 477 694 99 793
Office equipment 13,690 0 13,690 10,797 2,484 13,281
Owned & leased facilities 16,968 23 16,990 13,563 677 14,239
Hospitality 893 0 893 1,349 0 1,349
Parish Share 68,400 6,600 75,000 70,436 0 70,436
Bank Charges 455 0 455 462 0 462
Worldpay etc fees 222 0 222 216 0 216
St Alban's Facilities 31,310 0 31,310 23,599 240 23,839
St George's Facilities 25,646 0 25,646 26,132 2,987 29,119
All Saints Facilities 25,285 0 25,285 35,733 0 35,733
Gosport 0 0 0 (6,607) 8,294 1,686
Depreciation 3,962 8,202 12,164 4,463 12,251 16,713
Parochial Fees 1,974 0 1,974
Other 171 0 171 91 37 128
189,452 14,824 204,276 180,926 27,067 207,994

Page 20

Property development costs

St Albans 0 1,625 1,625 0 3,570 3,570
St Georges 0 4,433 4,433 0 3,340 3,340
All Saints 0 56,926 56,926 0 235,812 235,812
0 62,985 62,985 0 242,722 242,722
5 MISSION GIVING Unrestricted
Funds
Restricted
Funds
**TOTAL FUNDS ** Unrestricted
Funds
Restricted
Funds
TOTAL FUNDS
2024 2024 2024 2023 2023 2023
£ £ £ £ £ £
Buckland Park Play 250 0 250 0 0 0
PCC of Gosport South 0 1,260 1,260
Motiv8 South 0 0 0 0 2,500 2,500
250 1,260 1,510 0 2,500 2,500
Mission giving included in Love Christmas expenditure:
St Margarets- matched giving 0 1,539 1,539 0 0 0
Mission giving included in Vista expenditure:
All Saints Ryde 0 41,402 41,402 0 0 0
Haven Church Gosport 0 41,402 41,402 0 0 0
0 82,804 82,804 0 0 0
6 STAFF COSTS 2023 2022
Payments to staff processed through the payroll are analysed as follows: £ £
Gross wages & salaries 241,442 277,846
Employers NI (net of employers allowance of £5k) 14,030 14,432
Employers pensions contributions 4,751 4,168
Redundancy payments (for 1 staff member) 3,948 0
264,171 296,447

During the year the average FTE for staff on the payroll was 9.3 (2023, 11.4). The number of people employed during the year by the church (regardless of FTE) averaged 11.4 (2023 12.5).

No employee earned in excess of £60,000 in the year.

The key management function was fulfilled by the Revd Andrew Hargreaves (until August 2024), and the Revd Lewis Dean. The two clergy were employed and renumerated by the diocese.

7 FIXED ASSETS FOR USE BY THE PCC

5(a) Tangible fixed assets
Actual costAt 1st January 2024
Additions during period
Disposals during period
At 31 December 2024
DepreciationAt 1st January 2024
Charge for the period
Disposals during period
At 31 December 2024
Net Book ValueAt 1st January2024
At 31 December 2024
Office
equipment
Sound, audio
& other
equipment
Fixtures and
fittings
Total
£
£
£
£
9,683
96,825
20,040
126,548
1,436
39,945
0
41,381
0
0
0
0
11,119
136,770
20,040
167,929
9,553
64,441
6,631
80,625
530
15,834
3,654
20,018
0
0
0
0
10,083
80,276
10,285
100,644
130
32,384
13,409
45,923
1,036
56,495
9,755
67,287

8 ANALYSIS OF NET ASSETS BY FUND

Unrestricted Restricted Unrestricted Restricted
Funds Funds Total Funds Funds Total
2024 2024 2024 2023 2023 2023
£ £ £ £ £ £

Page 21

Fixed Assets for church use
Current Assets
Total Liabilities
Fund Balance
6,587
60,700
67,287
9,112
36,811
45,923
135,011
165,062
300,073
91,880
175,908
267,788
(25,227)
0
(25,227)
(11,924)
0
(11,924)
116,371
225,762
342,133
89,068
212,719
301,787
Closing Closing Expenditure
Closing

Closing
Income 2024 Expenditure Closing Balance
Movements on restricted Funds Balance 2022 Income 2023 2023 Balance 2023 2024 2024
£ £ £ £ £ £ £
Funds held as fixed assets
Veolia Garden Project 0 0 0 0 39,945 4,660 35,285
SDF grants 13,359 14,117 7,585 19,891 0 5,850 14,041
WRAP food provision 5,404 2,005 3,399 0 1,851 1,548
CRT Corona response 1,212 502 710 0 502 209
All Saints refurb 0 6,860 678 6,182 0 1,372 4,810
CIL grants 3,000 5,109 1,481 6,628 0 1,822 4,806
22,975 26,086 12,251 36,810 39,945 16,056 60,700
Non-asset funds
All Churches Trust Youth & Hope Beyond 762 0 183 579 579
All Saints refurb 0 199,403 187,177 12,226 12,090 136
Alpha International 0 1,580 1,580 0 0
Alverstoke Gosport CAP 9,034 0 8,661 373 373
Benefact All Saints & youth grants 0 15,117 374 14,743 8,000 16,117 6,626
CAP donations from sundry sources 85 0 0 85 85
Church Welfare Association Silva 3,000 3,000 1,496 4,504 653 3,851
CIL Grant- All Saints 20,000 (5,109) 14,000 891 891
Comic relief 1,482 (2) 1,480 (0) (0)
CRT for Love Christmas 1,480 0 6,763 (5,283) 16,199 7,639 3,277
CRT- Transform 0 800 800 0 0
CRT- for Children's worker role 7,093 2,700 9,793 (0) (0)
CRT- for Gosport kids worker 2,804 0 2,804 0 0
CRT- for Ray 15,000 0 9,306 5,694 5,694
CRT- kids album 0 0 0 0 0
CRT- for Love Cities/LYN 1,843 50,000 49,334 2,509 20,962 12,264 11,207
DCMS 0 0 0 0 0
Focus Income 0 0 0 0 2,960 2,960 0
Fundraising for foodbank 7,303 60 562 6,801 295 0 7,096
Garfield Weston Grant 9,560 0 6,136 3,424 (168) 3,592
Gift Day fund raising for courtyard renovation 570 0 0 570 401 169
Giving towards Gosport plant 7,332 0 7,332 0 0
Haven Fundraising 0 0 0 0 1,669 1,669
Hive food bank 0 1,500 1,275 225 225
Hive safe harbour 0 3,050 205 2,845 198 2,647
HIWCF for Copnor Tots 561 0 559 2 2
HIWCF Safe Harbour 115 3 118 (0) 4,999 0 4,999
Homelessness fund raising 0 0 0 0 0
Household Support Grant 0 14,500 0 14,500 48,439 16,069 46,870
HRY Income 14,136 6,400 10,187 10,349 3,640 11,258 2,731
Jerusalem Trust 0 60,000 29,169 30,831 60,000 57,831 33,000
Kenwood Community Grant 3,861 0 2,214 1,647 1,647
Laing All Saints refurb 0 0 0 0 5,000 5,000
Mr Willets Charity 2,000 8,144 7,955 2,189 3,333 1,478 4,044
National Lottery- gunwharf tots/Silva 1,326 0 946 380 19,608 16,888 3,100
No Wrong Door 0 4,320 755 3,565 3,596 (31)
Other including grants from individuals 2,588 123 1,305 1,406 67 403 1,070
Portsmouth Diocese 274 0 274 274
Portsmouth Diocese energy grant 0 1,500 1,500 0 0
Safe Harbour Fundraising 2,295 116 393 2,018 297 183 2,132
Tesco- tots and toddlers 0 1,000 0 1,000 265 735
Various SDF grants (75) 181,586 181,512 (1) 85,833 82,137 3,695
Veolia Garden Project 0 0 0 0 22,006 21,138 868
Vista Fundraising 1,120 380 385 1,115 50 657 508
Vista Home Office 5,674 78,666 27,894 56,446 87,763 137,909 6,300
121,223 628,837 574,153 175,907 391,120 401,966 165,062
144,198 654,923 586,404 212,717 431,065 418,022 225,762

Page 22

Details of funds 2024

All Churches Trust - Youth and Hope Beyond Grants for capital costs associated with our youth work and project costs for work with vulnerable women. All Saints Refurb All Saints Church historical funds held for capital development. Alpha International Match-funded grant to fund marketing for the Alpha Course. Alverstoke Gosport CAP Various funds received to support work with vulnerable people. Benefact All Saints Grant Grant to support capital development. Church Welfare Association Grant for the Silva project. CIL Grant Grant from Portsmouth City Council to fund capital works at All Saints. Comic Relief Grant to support the work of Spa61. Mainly covering equipment and gift purchases. CRT grants (various) Love Christmas - Grant to distribute food, crisis supplies and Christmas boxes to the vulnerable. Transform – Grant to cover costs for staff to attend leadership training conference. Children’s worker role & Gosport kids worker – Grants for salary costs. For Ray – Grant to backfill staff time for role across HTB network. Love Cities – Match-funding for work to supply food provision, wrap-around care, employment training and debt advice. Fundraising for Foodbank Donations to support our Foodbank service. Garfield Weston Grant Grant to support our Love Your Neighbour ministries. Giving towards Gosport Plant Donations received for the church in Gosport Hive – Foodbank and Safe Harbour Grants for running costs associated with Foodbank and Safe Harbour projects. HIWCF for Safe Harbour & Copnor Tots Grant for Safe Harbour covers running costs and equipment for outreach to the homeless community. Grant for Tots covers running costs for the weekly tots group. Household Support Grant Grant for our Love Your Neighbour work with vulnerable people. HRY Income Income associated with our MDY programme and housing. Jerusalem Trust Grant for central operations costs for the running of Harbour Church. Kenwood Community Grant Grant supporting the work of Safe Harbour, covering running costs and equipment purchases. Laing All Saints Refurb Captial works for All Saints Church. Mr Willats Grant to fund the salary for a Silva worker. National Lottery - Gunwharf Tots Grant for Tots covers running costs for Tots and Toddlers group and equipment purchases. No Wrong Door Grant for our Haven project with vulnerable women. Portsmouth Diocese energy grant Grant to offset increases in utility costs. Tesco – Tots and Toddlers Grant for our Tots project at St Alban’s Church. SDF Grants Church Commissioner grant for missional growth across Harbour Church. Veolia Garden Project Grant for capital works and development of All Saints Garden. Vista Fundraising Donations for our work with vulnerable women. Vista Home Office

Grant provided through the Home Office to fund staff salaries and project costs for supporting women working in the night time economy.

9 DEBTORS 2024 2023
£ £
Income tax recoverable 2,846 4,104
Costs prepaid 1,203 0
Income not in bank at year end 4,614 0
Accounts receivable 26,902 15,780
Owed by the plants 0 312
Equals balances 6,839 5,309

Page 23

10 CASH AT BANK AND IN HAND
Current account
Giving account
Savings/investment account
42,403
25,506
2024
2023
£
£
2,648
237,348
225,022
4,934
30,000
0
257,670
242,282

11 LIABILITIES: AMOUNTS FALLING DUE WITHIN ONE YEAR

11 LIABILITIES: AMOUNTS FALLING DUE WITHIN ONE YEAR
Creditors for goods and services
Sales invoiced in advance
Accrual for Accounts preparation and Independent examination
2024
2023
£
£
9,918
9,624
12,704
0
2,605
2,300
25,227
11,924

12 RELATED PARTIES

None of the trustees were reimbursed for expenses relating to services provided to the charity as trustees. Expenses incurred on behalf of the church by the clergy were reimbursed through the expense claim system.

Miriam Hargreaves, who is married to PCC member Andrew Hargreaves, was on the payroll during 2024 and received remumeration of £28k.

In 2024 £31,565 (2023 £4,721) in gifts were given by the trustees to the church.

On the 8th July 2022 a Mission and Pastoral Measure was passed to unite the parishes of All Saints, St Alban's and St George's into a united benefice. The trustees agreed to close down the CIO (Registration number 1168898) and transfer all the assets into ‘The PCC of Harbour Church Portsmouth’ (charity number 1202572) which came into effect 1 January 2024.

Page 24