REGISTERED CHARITY NUMBER." 1207775 REPORT OF THE TRUSTE AND UNAUDrrED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 FOR BINsfED HOLY CROSS P C C WETTONE MATTHEWS CHARTERED CERTIFIED ACCOUNTANT5 Wettone Matthews Lilnited Chartered Cenified Accountants Market H4)use 21 Lenten Streei Alton GU34 IHG
BINsfED HOLY CRO&S P C C CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 Page Report of the Trnstees IndtpendeTrt Examlner's Report Stilement of FiThanell A¢tlvltle5 B14nfe Sheet Notu to the Flnneil Stxlwutnts Delilled Ststeme¢ of FIDntlal ActIlIeS 10 to 11
BINSTED HOLY CROSS P C C REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2024 The tnteeS present their report with Ihe finan¢ial statements of the chatity for the year ended 31 December 2024. The trlS have adopted the provisions of A¢counling aThJ Reporting by CnileS.. Stsiemerti of Recommended Practice applicable to charilie5 preparing their accounts in accordance wilh the Firtanciil Reporting Standard applicable in ihe UK and Republic of Ireland (FRS 102) (effective l January 2019). Holy Cross Church is situated in the village of Binslcd in Hampshi and is part of the Benefice of Bentley, Binsied & Froyle. li is a Christian church in the ChuT¢h of England. withln the Alion Deanery in the Diocese of Winchester. The correspondence addreu is The Benefice of Bentley. Binsied aThl Froyle Offlce. ejo St Marys Church Bentley, Church Lane, Bentley, Farnham, su GUIO SNA The Parochial Church Council (PCC) is a re8iSt¢red charity. registered in the name of The Parochial Church Council of the Ecclesiastical Parish of Holy Cro&$ Binsd HaTrwshire rewstrdtion no 1207775 OBJECTIVES AND ACTIVITILS ObS¢ctlv¢s 4Dd •ims Holy Cross PCC has the respomibility of proTTh)ting in the ecclesi851ical parifjh ihe whole mi&sion of the Church pastoral, evangelistic. social and ecum¢niul. It also has ]naintenJnce responsibiliiies for Holy Cross Church, a Grad¢ I listed buildin8. ACHIEVEMENT AND PERFORMANCE The Electoral Roll was re85onably siable in 2024, with 56 people but is du¢ for fidnnIal lsiOn every six years (due 2025). The Worshipping Community is elmed to be in the order of 50 people who regularly attend SOTn¢ services, and over 75 including those who also attend mor¢ occ&sionally. T Are also a growing number of families with young chitdren wkn hav¢ engaged with Messy Church events (held irt the Wickham InsiitutelBin5ted Village Hall) durin8 the y¢ar, we hope thai thi4 as well as aiiendartce genernlly. will grow further in the future. Revlew of the Yer In 2024 the full PCC had five meetings. all of which were held in person. Our main ndl$ing activiiies were ITh May for a Caniique cortcert. October for the Harvest Supper which was held joinrly with the Wickham Institute and in December when the Chn'stnw Fair was again v¢ry successfvl, using both the ¢h building and the Wi¢kham Insiilllte. Other fU1raisIng aciivilics included Line Dancing c]a&ses and providing ihe teas for a couple of events at Wheatley House including a National Gard¢n schen (Wn Day. The Real Nativity evenijusi before Chn'stmas was agaiT] w¢ll attended Oiher community a¢tivities include regular mid.week prayer and bible study groups. both daytim¢ and evening. A churchyard working party t(M)k place and iree nwintenance wa5 again CaTied {t by Hampshire Tree and Garden. We are also extending the churchyard io provide addilional space for burials. The Reordering Projeci Team continued io progress the Pla for ihe installation of toild facilities for the ¢hurch. and the PCC held a couple of mceiings io discuss the plans wilh Ihe team. Our link with Karanja in Ugarmja coniinues to be fostered wilh the provision of studeni bursaries for the Iraining of lay ministers. We are particularly pleased thai a Friends of Binsted Church group was established during 2024 and are especially graieful for the time and tnergy of all those involved in gffliing this started. We look fotward to its fornwl laun¢h in 2025. wilh the aim to help support the futyre mainienance of our aulIf1 church EildIng_ The PCC has complied with the duly under seciion 5 of Ihe Safe8uardin8 and Clergy Discipline Measure 2016 Iduiy to have due regard to Hous¢ of Bishops. guidance on safeguarding children ar]d vulncrdble adults).
BINSTED HOLY CROSS P C C REPORT OF THE TRUSTEES FOR THE YEAR EL¥DED 31 DECEMBER 2024 FINANCIAL REVIEW Following a few years of wme strain on OUT fiMn¢es foll¢)wing urgent repairs to the chwch, 2024 a latiVelY steady year of con501idation. Our irtcoffle frorn reguilr givers has increased by 15% in 2024. however plate in¢on* from church services has remained fairly stalic. Our fundraising etTort in 2024 rnised arouThl £IO,(KK) and was geared towards the Spire and Tower Appeal until its closure and then towards th¢ upkeep of our 12th century Grade I listed church building. These fvnds have come fvom both donalions and ¢vents inc[1)g oui Christm&s FayTe. Hatvest Supper, Wheatley House Teas and Line Dancing 1&5s¢s. We ¢ontinue io receive donations through our elecirortie donation card reader in the church. We also received a £IO.000 legacy from ihe estate of one of our regular parishioner5 who died in December 2022. We have a150 received severdl donations tOWaTd5 our day rn]Ing costs. The short terni loan given in 2023 to complete the repairs ro the ¢hwch was part repaid in 2024 wilh the [en1nder converted to a donation. With the works compkted, the Spire and Towrr Appeal Iw been closed. The PCC has continued to agree io a tenth of all Giving received each month to be r¢¢¥ined for good causes. The good causes continue io be Karamoja. Tear Fund. St Michae]s 1105pice and coniributing to ihe employment of an Anna Chaplain. The church al$0 continues to w the Alton F¢xKi Bank with colleciioTLS of non-perithablc foods. Ihy to day nnIng costs are continuing to Ie&e and are kept tegularly under review. The Common Mission Fund paid ihe Diocese (prcviously called The Parish Shar¢) was £29.289 for 21)24. an irKreas¢ of £647 on 2023. 1( is worth noting hcre that the fi8ure for 2025 will be £31.020. an increase of £1,731. STRucfuRE, COVERNANCE AND MANAGEMENr GovtrniTrg document The eharity is Controlled by its governing documen¢ a dttd of ttusi and constitutes an unincorporated chaiity. The meihod of Appointment of PCC member5 is set out in th¢ chkn Registration Rules. All regular church aiiendees are encouraged to register on the Electoral Roll and Str1 for eleiOn on PCC. REFERENCE AND ADMINisfRATIVE DETAIts Regislered Charity number 1207775 Princip818ddress Benefice OtTice St Ma5 Church Church Iane Beniley Famham GUIO SNA Trustees Reverend M J Boyes A M Hunter Johnston C M Weldon J P Bourne K J Ogilvie Thompson P Hunter Johnsion A Croom-Johnson A Dunnc C W Ogilvie Thompson J S Wright {appointed 1716120241
BINSTED HOLY CROSS P C C REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2024 REFERENCE AND ADMINISTRATIVE DETAIIS Independent Examiner WEttone Matihews Limiied Chartered Certified Aw)untanls Market House 21 Lenlcn Sttttt Alion GU34 IHG Approved by Order of the board of irustees on...1.2 ..Af.r:' ! 2025 . and signed on its behalf by.. Reverend M J Bo
INDEPENDENT EXAMINER'S REPORT TO THE TRuEs OF BINSTED HOLY CROSS P C C INlependeNt examiner's report to th¢ Iru5tttJ of Billed H•ly Cro$$ P C C I report 10 the charity itwiees on my examinaiion of ihe accounts of Binmed Holy Cross P C C (the Twst) for ¢h¢ year erKied 31 December 2024. R¢5powlbilitie5 of report As the charity trustees of ¢he Trust you ore r¢5ix)nsible for the pr¢pardtion of the accounts in accordance with the rquirements of itr* Chori¢ies Aci 2011 ('Ihe Aci). I report in respect of my examination of ¢he Tntst's accounts Carried oui wmler Section 145 of the Act aTMI in carying out my ¢xaTninatiorb I have followed all applicable Direciios 8iven by the Charity Commission under Section 145(5)Ib) of the Act. Independent exatther's 5t•t¢rnent I have compleied my examinaiion. I confirn] material tter$ have come to my attention in connection with the examination giving me ¢aus¢ to beli¢ve ihat in #Ay Mala1 respect: accounting records were noi kept in r&8pect of the Tnw &5 requiTed by Section 130 of th¢ Act" OT th¢ a¢¢ounts do not accord with those records: or the accounis do not comply wilh ihe applicable requirenKnts concerning ihe form and content of accounts set t)ut in the Charities (Accounts and Reports) Regulations 28 other ihan any requirement ihai the accounts giv¢ a tru¢ and fair vi¢w which 15 no¢ a ¢onsid¢r¢d as part of an indepertdent examination. I ha¥t no COTKerns and have across no othet mattas in connection with ihe examinaiion to which attention should be drawn in ihis report in order lo enable a proper understatxling olthe accounts to be rEached. Wendy Croucher Wettone Matthcws Limitcd Chartered Certified Accountants Market House 21 Lenten Street Alton GU34 IHG Date.. 6 aD2< Pxvp 4
BINSTED HOLY CROSS P C C STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2024 Unr¢strict¢d Restricted funds Total funds Nole5 INCOME AND ENDOWMENTS FROM Donations and legacies 60.092 74.197 134.289 Other trading activities Investment income 1173 4.849 1,916 1(1,922 2,684 Total 66.933 80,962 147,895 EXPE]YDITURE ON Raising fvnd5 434 414 Ch#Yltble etlvltles Charity 60,090 11,098 71,188 Orher 9,616 9,616 Total 70,140 IlJ12 81.652 NET INCOMEI(EXPENDrruRE) Tramsftrs between fMnd5 (3,207 28.797 69AYJ (28,797) 66243 Net movement In funds 2S590 40,653 66343 TOTAL FUNDS CARRIED FORWARD 25,590 40.653 66,243 The noies fom part of these fiTwi¢ial stst¢ments
BINSTED HOLY CROSS P C C BALAf4CE SHEET 31 DECEMBER 2024 Unrestricted fund Restricted fijnds Total funds Notes CURRENf ASSETS Cash at bank 27,656 411,653 6&309 CREDITORS Amounts falling due within one year (4066 (2,066) NET CURRENT A&SETS 25590 40,653 66,243 TOTAL A&8ETS LE&S CURRENT LIABILITIES 25,590 40,653 66,243 NET SETs 2S,$90 40,6S3 66,243 FUNDS unreStrted fijnds Restrictcd futKIs 2S.S90 4(1,653 TOTAL FUNDS 66.243 The financial statement5 were approved by the Board of TTU5tees aThJ authorised for i&sue .. and W¢Te signed on its behalf by.. on M J Boyes Tr oum¢- Trustee C M Weldon. Tnth¢e The notes fonn part of thw financial seMentS
BINSTED HOLY CROSS P C C NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 ACCOUNTING POLICIES B851s of preparing th¢ fiDn¢ial stateJm¢mts The financial 5taternenls of the charity. which is a publir bcnefii enlity under FRS 102, have been prepared in aordanCe with the Charities SORP (FRS 102) 'Accounting arml Reportitlg by Charitics.. StatetnEnt of Recommended Praciice applicable io charities preparing their accounts in accordance with the Finjncial Reportin8 Standard applicable irt the UK and Republic of Ireland (FRS 102) (effective l January 2019),, Financial Reporting Standard 102 The Financial RertIng Standard applicable in the UK and Republic of Ireland, and the Charilies Act 2011. The flnancial statements have been prepared under the hisiorical cost ¢onvention. All income is recognised in the Staiement of FInla[ A¢tivities 0C ihe charity has ¢ntitlement to the fvnds. Lt is probable that the ineome will be received and the amount can be measured reliably. Expendlture Liabilities are recognised expeThditure &5 as therE is a legal or constructive obligation committing the chariry ro ihai expendiiure. it is probable thar a iransfer of economic benefit5 will be required in 5ettl¢ment and ikye amount of rhe obliga¢ion can be measured rtliably. Expendittwe is accounted for on an accruals basis and has len classified under headings that aggregate all eost related to the eategory. Where costs Cannot be direcily attributed io particular headings have been allcued to activities on a b&8is consistent with the use of resources. Taxatio The charity is exempt from tsx on its clwitabk activitieL Fund ¥JeeountKng Unrestricted fvnds can be used in accordance with the charitsble objtiveS at discretion of the trust5. Restricted futsjs can only be used for particular restriaed purposes within the objects of the charity. Restrictions arise when specified by the donor Or when fuThls aTe raised for particular restricted pu4)oses. Further explanation of the nattLfC and purpose of each fimd is included in the notes io ihe financial ststements. DONATIONS AND LEGACILS Donaiions Gift aid Legacies Grants 99,124 19,165 6,NJO 134,289 Included with donatiom are unrestricied donaiions ioialling1£20.8921 and restricted donations lotalling £40,603 whi¢h r¢pr¢sent the tr•nsftr of fiuvts from the ante¢edent organisation. Gr8nts r¢¢¢ived, in¢lwkd in th¢ at&)v¢, art as follows.. Other grants 000 rnnliniipA
BINSTED HOLY CROSS PCC NOTES TO THE TrINANCIAL STATIMENTS- CQDtinued FOR THE YEAR ENDED 31 DECEMBER 2024 OTHER TRADING A1VITIEs Fundraising events Fees for weddings I christenin8s I n%nx)rials / fimerals 4J49 6,073 10,922 INVESTMENT INCOME Dcposit account intercst TRUSTEES, REMUNERATION AND BENEFITS There were no trstee4 remunerdtion orothcr benefits for the year ended 31 December 2024. Trnsttes, expeDses There were no InL5tecs' paid for the year ended 31 DeCemr 2024. CREDrroRS: AMOUNTS FALLING DUE WITHIN ONE YEAR Other credilors 2,066 MOVEMENT IN FUNDS Net Transftrs betwttn Ai 31112124 in fimds Unrestri¢t¢d fuNd5 Generdl nd (3,207) 2&797 25,YJO Restrlcted funds Churchyard fund Music fuThJ Clock fwid Fabric fund Reordering fund Church flowers furnl Spire and tower fijnd B¢ll ringers fund Easi witthw fund 3J24 S476 276 14J70 10,027 412 28,797 1,644 5,124 3,324 5,476 276 14J7 10,027 412 (2&797) 1,644 5.124 69.45(1 (28,797) 411.653 TOTAL FUNDS 66,243 06,243 tityiipd
BINSTED HOLYCROSS P C C NOTES TO THE FINANCIAL STATELMENTS- eontinwed FOR THE YEAR ENDED 31 DECEMBER 2024 MOVEMENT IN FUNDS- ¢oDli•M¢d Nel nw)v¢menl in irKluded in th¢ abov¢ are as folk). ITKoming resources Resources expended Movement in funds Unr¢5trict¢d fuDd5 General fijnd 66,933 {70,140 13,207) Restrleted funds ChurchyaTd fv1 Music fijnd Clock fund Fabric fund Reordering fund Church flowers fund Spire and lower fund Bell ringer5 fund Easi window fund 3,996 5,476 276 15,697 16J67 619 28,797 3.987 5,747 (672 3J24 5,476 276 14J70 111.027 412 28,797 (lJ27) (6J40) (207) (2J43) (623) 5.124 80,962 (11.512) 69,4S TOTAL FUNDS 147195 (81.652) 66343 RELATED PARTY DISCLOSURES There were no relaied paty traiLsactiorks for the year ended 31 December 2024.
BINSTED HOL Y CRO&S P C C DETAILED STATEMEh'T OF FINANCIAL ACTivfriLS FOR THE YEAR ENDED JI DECEMBER 2024 INCOME AND ENDOWMENTS Dtsna¢ions and legatles Donaiions Gift aid IaCleS Grants 99.124 19,165 iooo 00 134,289 Olber Irding aetlvfitAes Fundraising events Fces for weddings l ehristenings I M¢rtMalS/ fijnerals 4,849 A073 10,922 Investment intome Deposit ac¢o4mi interest 2,684 Tot•1 Incoming resource5 147,895 EXPENDITURE RA15ing donationj legacie5 Cost of events ChrltbJe ctlvltles Insurance Light and heat Repairs and mainteDan¢e Repairs and maintenance- major Overseas mis5ion5 UK missions DioCen parish shar¢ Parochial fees to diocese Wages 3.611 4,945 18,227 6J31 I,SDO 750 29,289 1.435 3.840 69.928 OlheT General expenses 9,616 Supp•rt Costs GDverttanee tosts Independent exalninerfs fce 1.260 This page dS noi fom) part of ihe stsiulory finarKtal statements
BINSTED HOLY CROSS P C C DETAILED STATEMENT OF FINANCIAL ACTIVITIFS FOR THE YEAR ENDED 31 DECEMBER 2024 Total resouwes exp¢nd¢d 81,652 Net i#eome 66,243 This page does not forni part of th¢ #atutory fInala1 statements PAOP I I