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2024-12-31-accounts

St Nicholas Compton Reports and Agenda for APM & APCM 11 May 2025 at 11.45 (APM) and Noon (APCM)

AGENDA

Annual Parish Meeting APM

  1. Welcome & Prayers

  2. Apologies for absence

  3. Minutes and Matters arising re meeting 28 4 2024

  4. Election of Churchwardens

Annual Parochial Church Meeting APCM

  1. Welcome and Prayers

  2. Apologies for absence

  3. Minutes and matters arising

  4. Electoral Roll report (verbal)

  5. Reports:

  6. a. Finance

  7. b. Fabric

  8. c. PCC

  9. d. Terrier

  10. e. Deanery Synod

  11. Rector’s Report

  12. Elections

  13. Appointment of Independent Examiner (Accounts)

  14. Matters of General Parochial Interest

PARISH OF ST NICHOLAS, COMPTON

MINUTES OF THE ANNUAL PARISH MEETING 2024

At St Nicholas Church, Sunday 28[th] April 11.45

Forty people were present in church. The Rev’d Sally Buddle, Rector, was in the chair and she opened the Meeting with prayers.

  1. Rev Sally Buddle welcomed everyone and opened the meeting in prayer

  2. Apologies for absence received from: Phil Gorton, Sally Gorton, David Hunt, Cax du Pon, Pamela Usher, Val Lawrence

  3. The Minutes of the Annual Parish Meeting held on 29[th] January 2023, copies of which had been previously circulated, were accepted with no matters arising.

  4. Election of churchwardens – there were two nominations. Michael Winterbotham: proposed Sarah Winterbotham; seconded Stella May Rosalind Lawson: proposed Linda Chastell; seconded Margaret Davies Both carried unanimously

The Rector thanked them both for their hard work

MINUTES OF THE ANNUAL PAROCHIAL CHURCH MEETING 2024

At St Nicholas Church, Sunday 28[th] April 12 noon

1. Apologies

Apologies for absence: Phil Gorton, Sally Gorton, David Hunt, Cax du Pon, Pamela Usher, Val Lawrence

2. Minutes

The Minutes of the Annual Parochial Church Meeting held on 24[th] April 2023, copies of

which had been previously circulated, were accepted with no matters arising

3. Report of the Electoral Roll Officer

Amendment to Report in booklet: 1 name removed, thus 83 on the roll, 50 non-residents.

Noted that ‘the worshipping community’, some 50 persons at Compton, is more often used by the Diocese when compiling their statistics than the Electoral Roll as it is felt to give a more accurate representation of church attendance.

4. Statutory Reports and Financial Statements

a . The Rector noted the activities of the PCC and thanked Annabel, Stella and Julia for all they brought to the leadership team during their time on the PCC.

b. The Rector commended the Finance Report and thanked Peter Bagley for his services to the church Finance team and to David Hunt for taking on the role as Head of Finance.

[Note post meeting Administrator has contacted Deanery Synod Sec to be included on distribution list for minutes and PCC reports]

5. Rector’s Report

The Rector’s Report is included in the booklet. In addition to her thanks to everyone for love and service last year, the following points were noted:

Personnel:

Parish Safeguarding Officer and PCC Secretary: previously voluntary roles but with no volunteers have become part of the Administrator’s role: Sarah Bennett

New Finance Team: Finance Chair: David Hunt; Treasurer: Linda Chastell; Accountant: Sarah Winterbotham

HR: Bob Cooles

Organist: Vacancy as from 31.3.2024

Car Parking:

The Rector noted that the PCC is seeking to register a prescriptive easement – a right of pedestrian access - to the church from Eastbury Lane. There is currently a goodwill arrangement for up to 5 cars if required for disabled parking. This will be lost if it is abused. The church has never had and never will have a right to park on the land and to do so is a ‘trespass on hospitality’.

6. Elections

Both were elected unanimously and introduced themselves to the congregation.

Noted that the number of lay members elected to PCC is based on Electoral Roll count. 50 on ER = 6 PCC; 100 on ER = 9; It is likely that the ER figures will drop at the next revision to reflect the worshipping community which is closer to 50 persons. 6 elected lay PCC members is therefore NOT an under-representation

7. Appointment of Independent Examiner

The reappointment of Anthony Kelly as the Independent Examiner was approved unanimously.

8. Q&A Summary

The meeting closed in prayer at 12.30

Present

Revd Sally Buddle Jan Prince Gavin Dix Steve Buddle Rev Jenny Lee Stella May Bob Cooles Annabel Harris Mike Winterbotham Sally Olson Carole Cooles John Gouldsmith Ros Lawson Stephen Cooles Jill Eyles Sue Murrell Linda Chastell Martin Lee Julia Hunt David Murrell Michael Chastell Sarah Winterbotham Anne Francis Roger Musson Rosemary Musson

ST NICHOLAS COMPTON

FINANCE Report of the PAROCHIAL CHURCH COUNCIL (PCC) y/e 31 Dec 2024

The accounts for the year ended 31 December 2024 have been prepared, professionally examined and agreed by the PCC. A copy is available on request.

General Fund :

Receipts for the year totalled £74,683 (2023 - £68,741) and Expenditure for the year amounted to £83,769 (2023 - £78,163), resulting in an overall deficit for the year of £9,086 (2023 - £9,422 deficit).

The receipts included £63,049 (2023 - £60,981) from collections and donations, £3,270 (2023 – £ nil) from church events and interest receivable of £5,295 (2023 - £4,189). As regards expenditure, a significant proportion (62%) is the ‘parish share’ payable to the Diocese (in monthly instalments), amounting in total to £51,874 (2023 - £49,125).

Whilst a deficit for the year is never welcome, it is nevertheless a considerable improvement upon the budgeted result. This is because most sources of income were marginally up in comparison with the previous year, whilst at the same time most categories of expenditure were contained. The only significant increase was in respect of the administrative assistant’s salary (which will be less in 2025 because the hours worked are reducing.)

In addition to church collections for specific charities, the PCC has a policy of donating 5% of its income to charity each year. In 2024 this charitable giving amounted to £2,959 (2023 - £2,669).

Fabric funds:

The PCC has two fabric funds: one restricted, the other designated and unrestricted. Both funds made surpluses in the year - the restricted (surplus £4,354) through the recovery of VAT on expenditure (North door) incurred in the previous year; and the unrestricted (surplus £21,911) through interest receivable on its deposited money.

The PCC believes the fabric of the church to be in good order. This is supported by the last quinquennial fabric inspection, carried out in 2023. No material costs are likely in the immediate future.

Net assets:

At 31 December 2024 the PCC’s net assets totalled £642,776, an increase of £17,354 over the year.

Cash deposits, amounting to £431,368, made up the greatest proportion of these assets, whilst a further £187,641 was invested in an equity fund. Both these amounts are invested through CCLA (‘Churches, Charities and Local Authorities’) investment Management.

The PCC’s liabilities at the year end amounted to £4,677.

The assets of the restricted fabric fund amounted to only £14,592, meaning that the vast majority of the PCC’s bank deposits and investments are unrestricted.

In summary:

The PCC considers its finances to be in a satisfactory state. However, over time it fully expects to commit a proportion of its investments and deposits, together with the income derived therefrom, to ministry in the community and to the fabric of St Nicholas church.

DCH Chair of the PCC’s finance committee 26 April 2025

PCC Report

Sarah Bennett our Parish Administrator and PCC Secretary had to effectively give up her role in January because of ill health. She has been much missed but we are grateful for all that she achieved. This report therefore is rather light on content!

The PCC met 6 times since last April. Membership was the Rector, 2 Churchwardens and 6 others.

Linda Chastell has to resign this year under the Church Representation Rules but fortunately for us is willing to continue with all the other tasks she does.

The business of the Council, besides managing the PCC finances and caring for the church fabric- both of which are time consuming, has been to encourage all the good work with Muddy Church and Fledglings and the work of the Church -devotional and pastoral.

The closure by the owners of Eastbury Manor of the footpath giving level access to the church has much exercised the PCC and every effort has been made to achieve a resolution short of Court proceedings- but nothing has yet been achieved.

Safeguarding arrangements have been maintained. RC

FABRIC report

We are blessed that the church fabric, goods and ornaments remain in good order, thanks to the hard work and dedication of volunteers past and present.

Work undertaken during 2024 is recorded in the log book, & the goods and ornaments are recorded in the updated Terrier, which will both be presented to the meeting.

The efforts of a small but faithful band of helpers for “Inside & Out” on the first Saturday of each month are greatly appreciated. It would be good to see a few more helpers for these regular sessions – please watch out for particular plans in the coming months!

Notable activities in 2024 have included:

In addition, the usual annual maintenance and checking of boiler, clock, fire extinguishers etc have been undertaken as they become due.

One project that has been difficult to get moving has been the improvements in the churchyard, where we would like to install a bench near the North door, fit a handrail at the new steps there, consider the need for handrails along the Warden’s path and main path, and replace the timber gates. The wardens have visited a blacksmith recently to discuss how best to proceed.

The urgent recommendations from the Quinquennial inspection of 2023 have been completed, and those that will need attention this year are:

RECTOR’S Report

Thank you to everyone for your love and service last year – well done good and faithful servants! My particular thanks go to Ros and Mike our churchwardens, Jenny our Associate Priest, Sarah our Administrator (now resigned) plus our organists old & new, Steven & Richard who have all contributed so much to our life as a church.

This year has mostly been about building and deepening community.

There have also been challenges…

Financially we were predicting a deficit of over £20K, but thanks to David H’s, Linda and Sarah W’s leadership and accounting skills, that has been halved. However, with the concerns about the viability of neighbouring churches in mind, we must not be complacent and continue to look for ways to increase our income.

The lack of level access has continued to be a major problem, with our claim for a prescriptive right of way across Eastbury land now noted at Land Registry but still unresolved and disputed by the developers. Sadly, the gate continues to be barred and fences preventing access remain in place, despite protracted discussions with them. This is such a problem for our older members and those with health issues, some of whom have had to stop attending because of their inability to climb our steep church path. Please pray for a good resolution.

Finally, we have many things to celebrate and here are some highlights…

May the blessings of the resurrected Lord remain with you this Easter season, Rev Sally

Small Groups

As in the past couple of years we have met on a Wednesday morning during Advent and Lent for coffee, biscuits and enlightenment. This year, our Lenten discussions on Elijah's life and experiences have sparked intriguing and occasionally surprising debates, sometimes straying from the main topic. Steve brought his technical equipment, and we appreciated the musical contributions.

Some of our past attendees were greatly missed and we continue to pray for Richard who was a staunch supporter when we first began this journey. The Buddle team are great leaders – thank you. JE

Bell ringing

The band still practises on Tuesday mornings a couple of times a month and there is a regular group of experienced ringers from other towers who come to support our learners.. Our practices continue be well supported, partly because there no other towers that ring at that time, and partly because they are very productive and busy affairs. And, of course, there are the half-time coffee, cakes and chat . . .

The abilities of the Compton band vary widely. Our least experienced ringers are learning to ring rounds and call changes whilst, in June, one of our number will be in the Guildford Cathedral band that is to take part in the National Twelve-Bell Striking Competition in Bristol – the FA Cup final of the bell ringing world. We ring every Sunday morning service and have recently started to ring regularly for the monthly evensong service.

We have a thriving band at the moment but we always have to look ahead and recruit for the future. If you would like to find out what ringing is about, please contact me or speak to any of the ringers after the service. Don’t be put off if our unusual current practice times don’t suit you; we are flexible and alternative arrangements will be made if you would like to join us. Finally, we would like to thank Sally once more for her continued support for the band and ringing at Compton. PG

Churchyard management

We are now starting the fourth year of the plan to manage the churchyard for the benefit of wildlife, in line with the church being Deeper, Wider, Greener .

The yard had its last spring cut in March and it will not be cut again until the end of July by which time the flowers will have had time to set seed. In May, the meadow saxifrage will be one of the most prominent flowers, growing on each side of the church path. On what is the richest part of the grassland, between the path and the south wall of the church, the no-cut

policy has encouraged the saxifrage and allowed pyramidal orchids to grow, as well as many other plants.

The churchyard is now a part of the Surrey Wildlife Trust’s Heathland Connections, which is one of twelve national large-scale nature recovery projects funded by Natural England. PG

Music Report

Thank you for the warm welcome Teresa and I have received since joining the St Nicholas family in September. I've very much enjoyed my first two terms as Organist and Choir Director and it's been fun getting to know everyone while discovering more about the Compton pattern of services and hymn repertoire across the liturgical year. The Kenneth Jones organ is also a very special and instrument and its individual sounds and technical demands provide a weekly source of delight and humility in equal measure! RD

Children & Families reports

Our Children & Families work comprises

Fledglings

Fledglings has continued to flourish in 2024, with a successful partnership established with Little Rays and strong endorsement from family feedback in Summer 2024 that the group was achieving its purpose of connecting families, connecting children with nature and the community with the church. Fledglings continues to prompt families to join Muddy church and Christmas services.

Families have expressed a wish for year-round outdoor activities and we are working with Little Rays to make that happen, even though the increase in storms and very heavy rains mean we have had a few weeks where we have not been able to make it outside. Song and story time remain popular and we celebrated our first Christening of a family who came into contact with the church through the group. Prayers & cake are always appreciated & positive feedback from families can be found on the website.

Grateful thanks to Fledglings Leaders/Helpers Catherine, Mike W, Julia, Annabel & Leslie C (plus Suzie from Little Rays) plus Muddy Church team Steve B, Stephen & Sam C, Carole, Janet C & Janet D. CM & SB

Financial Statements of St Nicholas Chllrc￿ Compton for the yeat end¢d 31 Deccmber 2024 Contents Accounts: Statement of movements on fund accounts Accounting polici￿ and basis of Preparation General Fund - incom¢ and expenditute ac￿Unt Fabric Funds - income and ¢xpenditure a¢￿Unts Balan¢c sheet Notes to the accounL4 Ind¢p¢ndent examinerfs report Page Trustees Reverend Sally Buddle (Rector) Rosalind Lawson (Churchwarden) Michael Wintcrbotham (Churchwarden) Linda Chastell (Treasur¢r) Robert C¢)oles Carolyn du Pon Jill Eylcs David Hunt David Murrell ChaTrty nunts 243929 Workmg full(Ls in conncction with Sl Nicho]as Church With effect from l 3￿uary 2025 ath"vih"&s atKI assets of St Nicholas Churth have been tra￿sferrEd to a newly registervj ffclesi&stical dty. St NidK)las Cow1￿ PCC. (knity numbff 1210070

Annual report and accounts for the year ended 31 December 2024 Statement of Financial Activities Unrestricted funds Restricted funds Total Total GeDeral Total Fabric School 2024 2023 Movements in the year Total incoming resources 74,683 22,584 97,267 4.976 1,021 103,264 90,066 Total outgoing resources (83.769) (673) (84.442) (622) (2,319) (87,383) (121,887) (9,086) 21.911 12,825 4,354 (1,298) 15,881 (31,821) Revaluation of investments 536 645 1,181 292 1,473 3,110 Trdnsfers between funds (921) 2,826 1,905 (2.826) 921 Surplus l (deficit) for the year (9.471) 25J82 15,911 1.820 (377) 17.354 (28,711) Balances at l January 2024 138.317 473.956 612.273 12,772 377 625,422 654,133 Balances at 31 December 2024 128,846 499.338 628.184 14,592 642,776 625,422 Page I

Annual report and accounts for the year ended 31 December 2024 li Accounting policies and basis of preparation The fmancial ststements of St Nicholas Church have been prepared in accordance with the Church Accounting Regulations together with applicable Accounting Standards and the Charities SORP. They have been prepat¢d on the historical cost convention except for the revaluation of inv¢stmcnt asscts which are shown at market value in the statement of assets and liabilities. The accounts includc all transactioLs, assets and liabilitiGS for which the trustees can be held responsible. They do not include accounts of other church groups that owe an affdiation to anoth¢r body, nor those that are inforn]aE gatherings of church memba3. Fund accounts The fmancial affairs of St Nicholas Church arc conducted through a number of fund accounts. Restricted funds can only be applied for specified purposes. Desi￿ funds are those which the trustees have designated for particular purposes. The CTeneral Fund is unrestricted flmd available for the regular activities of St Nicholas Church. The truslces havc designatrd part of this fund as thc Fabric D¢signat¢d Fund. The Fabric Fund is a restricted fund for the improvem¢nL maintenance and upk¢cp of the fabric of the church. The School Fund is a restiicted fund which may only be applied for educational purposes. Incoming resources Collections are recognised when received by or on behalf of St Nicholas Church. Plann¢d giving receivabl¢ under Gift Aid is recognised only when teceived. Income tax re￿verabl¢ on Gift Aid donats'ons is tecognised when the associated income is recognised. Grants and l¢gacies to St Nicholas Church are accounted for as soon &s the tsILStees are notified of its legal entitlement, the amount due is quantifiable and its ultimate rcccipt is reasonably certain. Sales of books and magazines are accounted for gross, gs is income from church events. Dividends from inveslments are accounted for when due. IDter&st entillements are tccognised &q they accrue. Realised gains or l(wes are recognis¢d when inv¢slments aTC sold. Unr¢aliscd ￿InS or losses are accounted for on revaluation of invastments at 31 December. Grdnts and donationt> accountcd for whcn paid ovcr. or when awa￿ed if the award creales btnding obligations. Donatcd facilities and scrvic¢s are included in income (and at the same timc in resources expended) at estimated fair value to St Nicholas Church for the service or facility received. The value of y YoluJitsu"y I1￿1V i2* IIVL I1￿lu￿r￿ Iii Uir IA￿VUl715 ljui Its a￿LiA￿(x1 111 ui¥ "i"rusie¢'s Atinuai Keport. Assets Insofar as consecrnted and benefic¢ property of any kind is cxcluded from the statutory definition of 'charity' by Section l 0(2) (a) and (c) of the Charities Act 2011, such assets are not capitalised in the financial statements. All expenditure OD consecrate41 or beneficed buildings is written off in the year incurred. Movable church furnishings are capitalised at cost and dcpreciat￿l over their useful economic life other than where insufficient cost inforniation is available. In C&￿ the itcm is not capitalisc(L though all itms are included in the church's inventory which can be inspected by agreemenL Page 2

Annual report and accounts for the year ended 31 December 2024 Tangible fixed assets are capitalised if th¢y c8n be ￿ed for mor¢ than one y¢ar and their cost exceeds £500. They are stated at cosL or for ￿ftS in kind at a reasonable estimate of their open market value on receipt. Depreciation is calculated to write off the capitaliscd cost of f￿¢d assets less their CUTrently anticipated residual fair value on a stiaight line basis over their estimated useful livcs as follows." Plant and machinery (including electronic equipment) 7 years 0￿1CC equipment 4 years Tnvesknents are valued at market value &8 at 31 Dccembcr. Short tcrni deposits include cash held on dq)osit with cither the CCIA chU￿b of England Funds or at the bank. Expendlture & Ilabllltles Liabilities are rc¢ognised as soon as there is a legal or constructive obligation and settlement is probable and quantifiablc. Duting the year St Nicholas Church employed part time organists, a sttretary and a cleaner. No payments wcre large enougb ¢0 attract social security costs. Key management peTSOtmel receAved no ¢mploycc benefits. Related party transactions Relat¢d paty transacts'olls arc set out on page 5. Responsibility statement These accounts are the responsibility of Compton PCC and were apprnved by thcm on 7 April 2025. Page 3

Annual report and accounts for the year ended 31 December 2024 General fund - income and expenditure aecount 2024 2023 Income tncome from donations and legacies Standiug Orde￿ under gift aid Free will offerings and gifts Collcction5 at services undcr gift aid - churth funds Donations Tax r¢fillids on gift aid Church box and gjft boxes 34,940 3,091 9,311 3,878 11,449 380 63,049 2.216 204 3270 649 5,295 74,683 33,540 2,450 6.469 7.603 10,548 371 60,981 2,485 446 Incom¢ from church activities - wedding & fun¢ral fc Bookstall income - sales of guide book4 books, magazines, cards Church event8 Investment incomc Deposit account interest Total income 640 4,189 68,741 Expendlture on ehurch Yactlvltles Costs of ministy Parish share paydble to the Diocese Rectofs expenses Rectory outgoings Organists. relief organists & relief clergy Charitable giving Miseellaneous expenses 51,874 49,125 146 366 3,843 2,669 3,024 59,173 459 4.566 2,959 1,406 Church running and maintenance Repairs, alami and sound maintctwicc Heating and lighting Organ. music, candles. wine and wafer& Insurancc Churchyard 1,638 2.959 621 2,929 3,019 11,166 2,605 3,535 652 2,821 2,499 12,112 Administration Salaries & wagcs Office costs Jndepcnd¢nt ¢xamin¢Vs fKs MiscellaneouA expen9C8 10,260 485 430 5.771 498 420 1119 Total expenditure 83.769 78,163 Deflcfit for the year (9.086) (9.422) Page 4

Annual report and accounts for the year ended 31 December 2024 Balance sheet 31 Dec 2024 31 Dec 2023 Note Fixed assets Investments - CBF incomc shares Investments - CBF deposit accounts Tangible fix¢d &sscts 187,641 36,168 300,000 450,000 100 250 487,741 486,418 Current assets DebtOTS and ptcpayments 10,051 10,051 12,415 12,415 CBF deposit accounts Cash at bank artd on hand Total deposits and cash 131,368 97.695 18,293 36,621 149,661 134,316 Total current 28sets 159,712 146,731 LiAbilities: amounts falling due Trithln one year Creditors and accruals Total liablutles 4,677 {4,677 7.727 7,727 Net assets 642,776 625,422 Fund aCCOUDts 642,776 625,422 Approved by Compton Parochial Church Council on 7 April 2025 and signed on its behalf by: Reverend Sally Buddle R￿ts)r Mrs LJ Clwtell Treasurer Page 6

Annual report and accounts for the year ended 31 December 2024 Notes to the accounts l Analysis of net assets by fund Unrestricted fullds Restricted Fllnds Cethtral Undcsitr F*bric Dulg- xted Total Total Fabric School Totgl Fund balances at 31 December 2024 Fixed assets: Investments - CBF incom¢ shares tnvestments - CBF deposit accounts Tangible r￿ed assets 23,932 150,645 174.577 50,000 250.000 300.000 100 13,064 187,641 300,000 100 Current assets: Debtors and pr¢payments CBF dcposit accounts Cash at bank and on hand 6.173 3,878 10.051 54,802 76.566 131,368 {1,484) 18.249 16,765 10,051 131.368 18.293 1.528 Less: current liabilities Crcditots and accruals (4,677) (4.677) (4,677) 128,846 499,338 628.184 14.592 642,776 Fund balances at 31 December 2023 Fix¢d ￿Sets.. Lnvestments - CBF income shares Investh)ents - CBF deposit accounts Tangiblc f￿ed assets 23,396 23,396 50.(M)0 400.000 450,000 250 250 12,772 36,168 450,000 250 Cuffent assets: Debtors and prepayments Deposit accounts Cash at bank and on hand 6.413 5,762 12,175 44,802 52.893 97,695 16.174 15,301 31,475 240 12,415 97,695 36.621 4,769 377 Less: Current liabilities Creditors and accruals (2.718) (2,718) (5,009) (7,727) 138,317 473.956 612,273 12.772 377 625,422 Page 7

Annual report and accounts for the year ended 31 December 2024 Independent examiner's report to St Nicholas Church. ComptOD This report on the a￿OUnts of St Nicholas Church for thc year end￿ 31 December 2024, which are set out on pages I to 8, is in respect of an examination carried out under The Rcgulations of the Church A￿0￿￿ting Regulations 2006 ('the Regulalions.) and s.145 of th¢ C]xaTiti&s Act 2011 ('the Act,). Respective ruponsibiliti￿ ofthe PCC and the exapniner As members of the PCC you ar¢ responsible for the preparation of the accounts" you consider that the audit requirement of the Regulations and section 144(2) of the Act do not apply. It is my responsibility to issue this rq)ort on those ac£ounts in accordance with the tern￿ of the Regulations. Ba.Yis ofihis report My examination was ¢aTried out in accordance with the Gcneral Directions given by the Charity Commission under section 145(5)(b) of the Act and to be found in the Church guidancc, 2013 editio￿ ISSU￿ by the Finance Division of the ArchbAshops' CounciL That examination includes a review of the accoullting records kept by St Nichol&g Church and a compatison of th¢ accounts with those records. It also includes considering any unusual items or (lisclosures in the accounts and seeking ¢xplanations from you as trustees concerning any such matters. The PTocethwes undertaken do not provide all the cvidenc¢ that would be required in an audAL and wLSequ￿tIY I do not exprcss an audit opinion on the view given by the accounts. Independent ￿amIner'S statement In connection with our examtnatioffj no matter bas com¢ to my attention: (i) which giv¢s me reasonable cause to believe that in any ffjaterial r￿￿t tbe requiranents to keep accounting records in accordance with section 130 of the Ac¢ and to prepare accounts which accord with the accounting mrds and comply with the requirements of the Act and the Regulations have not been mel or (li) to which, in my Opinio￿ attention should be dtawn in order to enable a proper w]derstanding of the accounts to be rea¢hed. Maple House 2 Woodberry Close Chiddingfold Godalming GU8 4SF 2025 Anthony Kelly B.Sc FCA Chartered Accountant Independent Examiner Page 9

Annual report and accounts for the year ended 31 December 2024 Independent examiner's report to St Nicholas Church, Compton This report on the accounts of St Nicholas Church for the year ended 31 December 2024, wlll'ch are set out on pages I to 8. is in respect of an examination caTried out under The R¢gulations of the Church Accoulltll￿ Regulations 2006 ('the Regulations.) and s.145 of tbe Charltses Act 2011 ('thc Act.). Respective responsibilities ofthe PCC and the examiner As members of the PCC you are responsible for the preparation of th¢ accounts, you consider that the audit requirement of the Regulatt'ons and sectton 144(2) of the Act do not apply It is my responsibility to issue this report on those accounts in accordan¢¢ wrth the tams of1h¢ Regulatsous. Bayig ofthis report My examinatson was Cartied out m accord￿ with the General D￿lOn5 ￿Ven by the Charity Commission er s¢ction 145(5)(b) of the Act and to be fO￿d in the Cburch guidance. 2013 E5sued by the Finance thvxsion of the Archbthps, Councd. That exaMU￿tIon includes a review of the accountll]g records kept by St Nicholas Church and a comparison of the acwunts with those records. It also ￿clUdeS considering any unusual items or ths¢losures in the accounts and seekll)g explanations from you as trustecs concerning any such matters. The procedures undertaken do not providc all the evidence that would be required in an authL and consequentty I do not express aa auth"t opiDion on the view wen by the accounts. Independent examiner s statement In connection with our eKqminat1o￿ no matter h&8 come to my attentio (i) which gives me reasonable cause to believe that in any material res￿ the requiretnents to keep accountmg r¢¢ords in aCCord￿ce with swtson 130 of the Act. and to prepare accounts wknch accord with the acco￿ records and comply with the requ]rements of the Act and the Regulatsons have not been m¢ or (li) to in my Opinio￿ attentson should be drawn in order to enable a proper understanding of the accounts to be reached. Maple House 2 Woodberry Close CknddingfoId Godalming GU8 4SF 2025 Anthony Kelly B. Sc FCA Chartered AccountsJ]t tndependcnt Examiner Page 9

Annual report and accounts for the year ended 31 December 2024 Independent examiner's report to St ￿lChOlaS Church, Compton This report on the accounts of St Nicholas Chwch for the year ended 31 December 2024, which are set out on pages I to 8. is in respect of an examination earried out under The Re8ulatsons of the Church Accountll]g Reg￿latsOnS 2006 ('the R¢gulatsO￿8') and s.145 of thc Charities Act 2011 ('the Act,). Respective resportsibililies ofthe PCC and the examiner As members of the PCC you are responsible for the prep8ration of the accoutts. you consider that the audit requirement of the Regulations and section 144(2) of the Act do not apply. It is my responsibdity to issue thi's report on those accounts in accordance with the terms of the Regulatsons. Bosii ofthis report My examll]ation was oqrried out in accordance with the Gener81 Directions gtven by the Chan'ty Commission under section 145(5)(b) of the Act and to be found in the Church guidance, 2013 ethts0￿ ￿SUed by the Finance th'vision of the Archbishops, Councd. That exatnn]atson includes a re￿eW of the accounting records kept by St Nicholas Church and a comparison of the accounts with those records. It also includes consid¢rJng any unusual items or disclosures in the accounts and seekll￿ explanattons from you as trustees concernmg any such matters. The procedures undertaken do not provide all the evidence that would be requiIed in an audit and consequently I do not express an audit OPiDion on th¢ view given by the accoilllts. Independent examiner's stalement In connection with our eKqTninati'orL no matter has com¢ to my attentt'on." (i) which gives me reasonable Cause to believe that Jn any matfflal r¢spect tbe r¢quirements to keep account]ng records in accordgnce with spxtton 130 of th¢ Act. and to prepare accounts wlllch accord with the accO￿t￿g records and cornpEy with the reouircments of the Act and the Regulations hav¢ not been m¢¢ or (li) to whicm in my Opinio￿ attention should be drawn in order to ¢nable a proper understandmg of the accounts to be reached. Maple House 2 Woodberry Close Chiddmgfold Godalming GU8 4SF 2025 Anthony Kelly B.Sc FCA Chartered Accountant Independent Examiner Page 9