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2024-12-31-accounts

953 Pershore Road, Selly Park, Birmingham, B29 7PS www.christchurchb29.org 0121 471 2379

Vicar: Revd Ben Green 16 Over Mill Drive Selly Park Birmingham B29 7JL Bank: The Co-operative Bank p.l.c. P O Box 250 Skelmersdale WN8 6WT Bank: Lloyds Bank plc PO Box 1000 Andover BX1 1LT Bank: CBF Church of England Deposit Fund CCLA Investment Management Limited One Angel Lane London EC4R 3AB Independent Examiner: Teresa Fennell It Doesn’t Have to Cost the Earth Ltd 47 St Dunstan’s Close, Worcester WR5 2AJ

The Parochial Church Council (‘the PCC’) of Christ Church Selly Park (‘Christ Church’) has the responsibility of cooperating with the incumbent, the Reverend Ben Green, in promoting in the ecclesiastical parish, the whole mission of the Church, pastoral, evangelistic, social and ecumenical.

The trustees’ report covers the principal activities during 2024; supplementary reporting to the APCM may take place.

When planning and reviewing activities the PCC considers the Charity Commission’s guidance on public benefit and the supplementary guidance on charities for the advancement of religion. The PCC complies with its duty under section 5 of the Safeguarding and Clergy Discipline Measure 2016 to have due regard to the House of Bishops’ guidance on safeguarding children and vulnerable adults.

Our main service each Sunday is in the morning at 10:30am, which is broadcast on Zoom for those who are unable to attend in person. In October we relaunched and increased the frequency of our early service to twice monthly and moved it to start at 8.30am. We also started a new evening gathering called ‘Praise & Pray’ aiming to be ‘charismatic, open, joyful, spontaneous & flexible’. The PCC will review both of these changes in summer 2025.

In 2024 our teaching themes included:

Regular prayer meetings for the country, overseas mission, and the life of the church have taken place on Zoom or in person. In January 2024 we formed a Prayer Team which has led our Whole Church Prayer Meetings through the year (focusing on different aspects of church life and events), in the autumn we ran The Prayer Course through our Life Groups.

Our electoral roll was refreshed before the 2024 annual meeting. We are pleased to have seen adults and children joining our congregation during the year but as in any congregation we have also seen individuals moving location and church.

The Pastoral Care Team is made up of a part time Pastoral Care Co-ordinator and a team of volunteers who provide help and support to anyone in our church family or community. This could involve practical support and pastoral visits at home or in hospital. The team are also active in supporting the weekly Lunch Club, Toddler Group, Bereavement Group and Coffee Mates. Regular team meetings are held throughout the year to share pastoral needs, receive training and pray for those in need. The PCC recognises with gratitude the valuable pastoral work undertaken by the team.

The Church building is used by a variety of community groups including Scouts, Guides and a choir. Our own Lunch Club, Coffee Mates, Toddler Group, Youth Group and Bereavement Group all provide services to residents. Local organisations often use our building to run training courses for staff and volunteers. We have risk assessments and processes in place to address the safety of those using our building.

All of the activities described in this trustees’ report are dependent on the volunteers who lead and give of their time to enable all areas of the Church to function. The scale of the work of the charity is greatly enhanced by the input of all the members of the Church; because of the difficulties in quantifying these gifts their financial effect has not been quantified.

The church continued its financial and prayer support for Mission partners and other organisations and individuals. The main mission partners are:

Although we have seen a reduction in rental income we recognise the value of the continued opportunity to provide a meeting space within the local community. We are grateful to the members of the Site Committee who provide support for issues related to the building and report regularly to PCC. Two major projects to update our facilities took place in 2024:

The PCC has a planned programme for updating policies and procedures and during the year a number were updated.

Registered charity name; The Parochial Church Council Of The Ecclesiastical Parish Of Christ Church Selly Park, registered number 1127755. Known as "Christ Church, Selly Park" the parish is situated in Selly Park, Birmingham and it is part of the Diocese of Birmingham within the Church of England. The principal address is 953 Pershore Road, Selly Park, Birmingham B29 7PS.

Birmingham Diocesan Trust holds the title of land on behalf of the PCC – see note 6.

During the year the following served as trustees and members of the PCC:

Clergy Ben Green
Wardens Graham Romp From APCM 2019 until APCM 2024
Janet Chalmers From APCM 2022
Peter Frere From APCM 2024
Elected members Miriam Banting Until APCM 2025 (first term)
Sarah Crooks Until APCM 2026 (first term)
Martin Garrod Resigned from APCM 2024
Cheryl Homer Until APCM 2024
Adrian Jones Until APCM 2027 (second term)
Jo Mason Until APCM 2025 (first term)
Becky Parnell Resigned from 24 October 2024
Kate Routley Until APCM 2025 (first term)
Steve Thomas Until APCM 2027 (first term)
Tony Ward Until APCM 2026 (first term)
James Williams Until APCM 2027 (first term)
Co-opted members Pat Clayton From 23 May 2023 until APCM 2024

From January 2025 the three Deanery Synod representatives Jane Clarke, Susan Haynes and Graham Romp have become trustees.

From April 2024 Peter Frere (previously Graham Romp) was elected as lay chair of PCC.

The Parish Administrator who is PCC secretary attended PCC meetings to take minutes.

The PCC is a corporate body established by the Church of England. The PCC is a registered charity and operates under the Parochial Church Council (Powers) Measure 1956. Members of the PCC are either ex officio, co-opted or elected by the Annual Parochial Church Meeting (‘APCM’) in accordance with the Church Representation Rules. The PCC is made up of the Vicar, two Churchwardens, and nine further elected members. Our Deanery Synod Representatives do not normally attend PCC meetings. The Parish Administrator takes minutes. Elected members serve for three years, with an option to stand again at the end of that period for a further three years. No elected member may serve for more than six consecutive years. There must be a gap of at least one year before they can stand for election again.

The PCC held seven business meetings during the year (January, March, April, June, September, October and December) as well as the APCM which took place on 14 April 2024. The PCC has three permanent subcommittees: Standing, Finance and Site. All subcommittees report to the PCC on a regular basis and provide recommendations to PCC. All matters of policy and finance are determined by the PCC with limited powers delegated to subcommittees; however detailed implementation of PCC decisions may be delegated to specific subcommittees from time to time as determined by PCC. Membership of the subcommittees is approved by the PCC to whom they report.

This is the only committee required by law. It has power to transact the business of the PCC that arises from time to time between PCC meetings, subject to any direction given by the Council, in accordance with the Church Representation Rules. The committee is made up of the vicar, the wardens, the treasurer plus one other PCC member. During 2024 the standing committee conducted business by email with resolutions reported to the next PCC meeting.

This committee consists of the vicar, a church warden, two elected PCC members and the treasurer. It meets on a quarterly basis to monitor overall income and expenditure in the Parish, prepare the budget and advise the PCC on relevant issues.

The committee consists of the vicar and church wardens, plus a number of others appointed for their expertise and experience. This group has responsibility for general management and capital expenditure for the building, Health and Safety and rentals of the church. They also organise regular maintenance mornings for the upkeep of the site. There were six meetings of the committee during the year

We also have a number of ministry teams that meet regularly to oversee certain aspects of our work, and other groups that plan ad-hoc one one-off events.

The Operations Team is comprised of the clergy, staff, Readers and office volunteers. It is chaired by the vicar and meets twice a month, though some members only come once a month for a meeting of the full team. Whilst the PCC sets the overall strategy, the Operations Team deals with issues and plans events on an operational level.

Formed in January 2024 this team exists to ‘encourage and equip Christ Church in prayer, together and as individuals.’ It is chaired by the vicar and meets monthly to discuss matters relating to prayer across the whole of church life.

Takes a lead on our membership of A Rocha’s ‘Eco Church’ programme (we hold the silver award); they also organised a Lent Challenge, a visiting speaker from A Rocha, and support the Site Committee in gardening and building matters, including hosting a consultation on developing the mound.

This group seeks to put into practice the mission part of the church’s Mission and Outreach Policy, including making recommendations regarding the church’s missionary giving, building links with our mission partners and organising regular overseas mission prayer meetings.

In the autumn the PCC commissioned a new team to operate on the same basis as the Prayer Team, but focusing on discipleship. We expect this to start meeting in 2025.

Giving in 2024 from regular and occasional giving has remained strong. There is no legacy income to report this year. The PCC acknowledges with great thanks the generosity of church members. We are also grateful for grants received in the year; from Birmingham City Council for our Warm Welcome work and from the St Martins Trust who contributed towards the costs of young people attending the Satellites event in August 2024.

Total income in the financial year to 31 December 2024 was £208,412, there was a deficit of income over expenditure and a decrease in total funds carried forward of £30,808 (in 2023 a surplus of £15,491). The accounts split income and expenditure into General Fund, Designated Funds and Restricted Funds; in 2024 the Finance committee reviewed how the funds account for fixed assets held by the church and PCC approved transfers to ensure that all fixed assets (except the building and land) are carried in the fixed asset fund, details of funds are provided in notes 7 and 9.

The General Fund showed a surplus of £13,783 (2023 surplus £10,218) before taking into account the transfers to designated funds.

In 2024 regular donations to the general fund, our largest source of income, were at similar levels to 2023; our lettings income was £13,000 lower than in 2023 (St Andrews stopped regular hiring) but bank interest was £3k higher. The majority of the total income to the general fund was given by members of the congregation. The PCC is grateful for all giving and notes that there was one large one off donation in the year.

Our expenditure through the general fund was £178,091 (2023: £181,411); general fund staff costs fell by £17k which was the impact of not employing a CFM and Youth Worker in 2024; the increased cost of utilities was £7k reflecting much higher market prices.

The PCC allocates 10% of the previous year’s voluntary General Fund income to Mission Giving at home and overseas. During 2024 our total giving was £16,768 details of mission giving over £1,000 is set out in note 10 to the financial statements.

Within designated funds the charity has three significant reserves at 31 December 2024. The Legacies Fund is represented by cash and £16,178 of accrued legacies, £36,070 was spent on specific projects during the year. The Fixed Assets Fund represents the book value of all fixed assets except for the land and buildings, £9,698 depreciation was is charged in the year. The Refurbishment Fund provides for repairs, maintenance or upgrades required to the building; income of £3,930 was received this year (2023: £4,433), expenditure in the year included £2,900 on painting the main hall and £2,500 on an energy report. Assets with a net book value of £12,752 were transferred to the Fixed Assets fund. The level of the Refurbishment Fund at the year-end was £22,497 and this is all ‘cash backed’.

In 2024 there were three restricted funds. The Building Fund is closed to further donations; the cost of the building is being depreciated over 50 years and depreciation of £23,040 was charged in the year.

An appeal was made for the congregation to contribute to support people across the community initially during the winter of 2022-23, the work is continuing into 2025. This initiative became known as Warm Welcome so a restricted fund was created to account for gifts and grants received against which relevant expenditure has been charged.

A restricted fund ‘events and appeals’ is used where money is given to meet specific costs and it is therefore restricted. The most significant part of the transactions relate to youth work (the Satellites trip and the purchase of branded goods such as hoodies). The balance on the fund at the year end is overdrawn but we expect income in 2025 (mostly to purchase the Satellites tickets) to cover this.

The PCC policy is to maintain a balance on unrestricted general funds which represent 3-6 months’ anticipated payments. This provides cover for any emergency situations that may arise from time to time. The level of general fund reserves in net current assets at 31 December 2024 (£91,902) represents approximately 6 months’ anticipated payments, based on general fund expenditure budgeted for 2025.

The financial position of the church is built around our Christian faith. We are a community worshipping the Lord Jesus Christ in a building designed for that purpose and for the use of the wider community. Our congregation through personal giving contribute most (this year 80%) of our general fund income with the balance coming from rental income and fees paid by service users. We budget our expenditure each year to ensure that a prudent approach is taken to expenditure but it is a matter of faith that the Lord will continue to provide through giving and other sources of income. The balance sheet is strong and the trustees have concluded that there is good reason to conclude that the charity remains a going concern.

The trustees’ policy is to invest funds in easy access and low risk bank accounts and similar deposits.

CAP is passionate about releasing people in our nation from a life sentence of debt, poverty and their causes. It works with local churches to bring good news, hope and freedom. Christ Church is one of the local churches that together supported the CAP South Birmingham Debt Centre but in 2024 the churches decided that the debt centre would close and CAP are running the process to close case files. In 2024 Christ Church Selly Park received £20 and paid £3,932 as agent on behalf of the local Christians Against Poverty Debt Centre. The cash balance held at 31 December 2024 by Christ Church on behalf of CAP South Birmingham was £nil (2023: £3,070).

We are looking for the right candidate to work alongside us as an Evangelism & Discipleship Assistant. This important role will help us continue the excellent work we are already doing among youth and young adults, but also support our wider efforts to make sure evangelism and discipleship are at the heart of who we are and all we do.

We are also excited about the potential for the new Discipleship Team to help us in these things. There is much informal (and some formal) discipleship at Christ Church – the hope is not to replace but build on what already happens, as we work together on our mission: making, growing, sending disciples of Jesus.

The highlight of the first part of 2024 for me was running the relaunched 321 Course – in the evening and at lunchtime. It was wonderful to share the Christian faith with several people, and to see it work alongside Warm Welcome and Bereavement Group. My prayer for our hospitality ministries is always that as well as serving and supporting people’s needs, they might give us opportunities and help us build relationships strong enough to share the gospel – this was a great example of how that can happen.

We continue to see various ministries flourishing, with record numbers attending our midweek groups. As well as that, I estimate that we now have 50+ people attending our children’s, youth and young adult groups, several of whom are being supported with discipleship mentoring. The Lord is giving us amazing opportunities to share our faith and grow disciples – the word is ‘be ready’. Are we ready, not only to share our faith but also to help new believers take their first steps – and grow as disciples ourselves?

Between Easter and the summer holiday I took a three-month Sabbatical, and am hugely grateful to the wardens, Readers, staff and all those who stepped up to help cover additional things while I was away – especially making sure the kitchen upgrades happened as planned! The Sabbatical was a time of blessing for both me and Jess, and I came back refreshed. It was a joy to spend my first week after the Sabbatical with a dozen of our young people camping at the Satellites youth festival.

In the autumn I was pleased that the next phase of the A/V system was finished, so the new system is almost complete. I hope it will last us for many years to come, as the old one did.

I would like to thank all those who give so much of their time, talents and treasure to support God's work through the ministries of Christ Church. None of what we do would be possible without the love and dedication of so many.

This report was approved by the PCC on 18 March 2025 and signed on its behalf by Peter Frere, Lay Chair of the PCC.

P Frere

I report to the trustees on my examination of the accounts of the Parochial Church Council of Christ Church Selly Park (“the Church”) for the year ended 31 December 2024.

As the charity trustees of the Church you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).

I report in respect of my examination of the Church’s accounts carried out under section 145 of the 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 Act.

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:

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.

Signed: T Fennell

Date: 09/04/2025

Teresa Fennell, Chartered Institute of Management Accountants

It Doesn't Have to Cost the Earth Ltd 47 St Dunstan’s Close Worcester WR5 2AJ

Christ Church Selly Park Trustees’ Annual Report and Financial Statements for the year ended 31 December 2024

Statement of Financial Activities

For the year ended 31 December 2024

INCOME FROM:
Income from donations and legacies
2(a)
Income from charitable activities
2(b)
Investment income
2(c)
Other income
2(d)
Total income
EXPENDITURE ON:
Expenditure on charitable activities
3
Total expenditure
Net income/expenditure
before transfers between funds
Transfer between funds
7
Net movement in funds
RECONCILIATION OF FUNDS:
Funds brought forward
Funds carried forward		 Restricted
General
Designated
Funds
Fund
Funds
TOTAL
£
£
£
£
155,441
5,932
8,742
170,115
27,944
1,864
29,808
8,489
8,489
191,874
5,932
10,606
208,412
178,091
30,485
30,644
239,220
178,091
30,485
30,644
239,220
13,783
-24,553
-20,038
-30,808
-10,613
10,613
0
3,170
-13,940
-20,038
-30,808
238,732
177,859
899,025
1,315,616
241,902
163,919
878,987
1,284,808
Year ended 31 December 2024
Unrestricted funds		 Year ended
31/12/2023
TOTAL
£
198,279
40,583
5,191
1,656
245,709
230,218
230,218
15,491
15,491
1,300,125
1,315,616

The notes on pages 11 to 19 form part of these financial statements

9

Christ Church Selly Park Trustees’ Annual Report and Financial Statements for the year ended 31 December 2024

Balance Sheet at 31 December 2024

Note
Assets and liabilities
FIXED ASSETS
Tangible fixed assets for charity use
6
CURRENT ASSETS
Debtors
Income tax reclaimable
Rental debtors
Prepayments and accrued income
Total debtors
Cash at bank and in hand
Short term deposits
Total current assets
CURRENT LIABILITIES
Creditors due within one year
Accruals and deferred income
Total creditors due within one year
NET CURRENT ASSETS
NET ASSETS
Represented by funds
Unrestricted Funds
General fund
Designated Funds
Restricted Funds
Total Funds
7		 2024
£
860
948
20,074
21,882
176,596
198,478
-10,440
-10,440		 2024
£
1,096,770
188,038
1,284,808
241,902
163,919
878,987
1,284,808		 2023
£
665
3,715
39,240
43,620
186,289
229,909
-13,601
-13,601		 2023
£
1,099,308
216,308
1,315,616
238,732
177,859
899,025
1,315,616

Approved by the Parochial Church Council on 18th March 2025 and signed on its behalf by:

P Frere

Peter Frere - Lay Chair of PCC and Churchwarden The notes on pages 11 to 19 form part of these financial statements

10

Christ Church Selly Park

Trustees’ Annual Report and Financial Statements for the year ended 31 December 2024

Notes to the Financial Statements

For the year ended 31 December 2024

1 ACCOUNTING POLICIES

Basis of preparation

The PCC is a public benefit entity within the meaning of Financial Reporting Standard 102 ("FRS 102"). The financial statements have been prepared under the Charities Act 2011 and in accordance with the Church Accounting Regulations 2006 governing the individual accounts of PCCs, the Regulations' "true and fair view" provisions, together with FRS 102 as the applicable accounting standard and the second edition of Accounting and Reporting by Charities: the Statement of Recommended Practice (Charities SORP (FRS 102)).

The financial statements include all transactions, assets and liabilities for which the PCC is responsible in law. They do not include the accounts of church-related groups that owe their main affiliation to another body or those that are informal gatherings of church members.

Going concern

The PCC considers that Christ Church, Selly Park is a going concern and the accounts have been prepared on that basis.

Funds

Unrestricted funds represent the funds of the PCC that are not subject to any restrictions regarding their use and are available for application on the general purposes of the PCC. Funds designated for a particular purpose by the PCC are unrestricted.

A restricted fund is formed when a donor specifies the purposes for which expenditure can be made.

The net book value of fixed assets is represented by the sum of the Fixed Assets, Land and Building funds. When assets are purchased a transfer will be made from the relevant fund to the Fixed Assets fund.

Details of all funds at the year end are provided in note 9.

Income

Collections and other forms of giving are recognised when received by the PCC. Income tax recoverable on Gift Aid donations is recognised when the donation is received.

Grants and legacies to the PCC are accounted for as soon as the PCC is notified of its legal entitlement, the amount is quantifiable and its ultimate receipt by the PCC is probable. Residual legacies, where the full legacy has not been received, are estimated based on the latest assets and liabilities statement; a deduction is made, normally of up to 20% of the estimated amounts, to represent uncertainty .

Funds raised by events are accounted for gross.

Rental income from the letting of church premises is recognised when the rental is due.

Interest entitlements are accounted for as they accrue. Tax recoverable on such income is recognised in the same accounting period.

Expenditure

Grants and donations are accounted for when paid over, or when awarded, if that award creates a binding obligation on the PCC. Common Fund is accounted for when paid.

Employee Benefits - Pensions

The costs of post employment benefits are recognised as a liability and an expense. Where applicable the pension expense is charged to the designated or restricted fund which bears the relevant employee costs, or to the general fund. Employees of Christ Church are entitled to be members of one of two pension schemes both of which are accounted for as defined contribution schemes. Details are provided in note 14.

11

Christ Church Selly Park

Trustees’ Annual Report and Financial Statements for the year ended 31 December 2024

Notes to the Financial Statements (continued) For the year ended 31 December 2024

1 ACCOUNTING POLICIES (CONTINUED)

Fixed assets

All property, plant and equipment is recognised at cost less any accumulated depreciation and any accumulated impairment losses. Property is depreciated on a straight line basis over 50 years.

items of plant and equipment are depreciated on a straight line basis over 4 - 20 years. Individual (or grouped) items of equipment with a purchase price of £1,000 or less are written off when the asset is acquired.

Land is not depreciated unless there is a permanent impairment. No cost information is available for the land on which the church building is located and so it is included at deemed cost of £150,000 being its value transferred on creation of the Parish in 2004.

Current assets

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

Short term deposits include cash held on deposit with either the CBF Church of England Funds or at the bank, as well as small balances of petty cash.

2
INCOME
2(a) Income from donations and legacies
Monthly standing orders
Other regular giving
One off and occasional giving
Cash and card collections
Sundry donations
Income tax recoverable
Grants
Legacies
2(b) Income from charitable activities
Church lettings
Fees and similar receipts
2(c) Investment income
Bank interest
2(d) Other income
Insurance claims
Surplus on sale of Fixed Assets
Total income		 Restricted
General
Designated
Funds
Funds
Funds
TOTAL
£
£
£
£
111,563
3,452
240
115,255
5,288
5,288
14,557
516
607
15,680
1,227
109
26
1,362
1,273
1,289
701
3,263
21,533
566
168
22,267
7,000
7,000
0
155,441
5,932
8,742
170,115
17,678
17,678
10,266
1,864
12,130
27,944
0
1,864
29,808
8,489
8,489
8,489
0
0
8,489
0
0
0
0
0
0
191,874
5,932
10,606
208,412
Unrestricted funds
Year ended 31 December 2024		 Year ended
31/12/2023
TOTAL
£
118,218
6,085
11,771
535
3,384
23,789
3,497
31,000
198,279
30,344
10,239
40,583
5,191
5,191
827
829
1,656
245,709

12

Christ Church Selly Park

Trustees’ Annual Report and Financial Statements for the year ended 31 December 2024

Notes to the Financial Statements (continued) For the year ended 31 December 2024

3
EXPENDITURE
Expenditure on charitable activities
Ministry: Common Fund
Clergy expenses
Clergy property expenses
Church:
Utilities
Insurance
Maintenance & improvements
Cleaning and similar costs
Staff costs
Training and recognition
Church and mission overseas
Home missions, parish evangelism & events
Costs of activities, refreshments
Upkeep of services
Youth and Children's work
Website, printing and publicity
Professional costs and music licences
Governance costs
Other administration and office costs
Other charitable giving
Depreciation
Total expenditure
4
STAFF COSTS
Wages and salaries
Pension costs (see note 14)		 Restricted
General
Designated
Funds
Funds
Funds
TOTAL
£
£
£
£
63,582
63,582
1,589
1,589
1,309
1,309
21,463
21,463
2,042
2,042
5,996
15,287
21,283
7,101
7,101
38,506
38,506
1,626
1,626
16,769
417
244
17,430
754
4,633
4,188
9,575
6,785
254
7,039
1,372
1,372
2,887
3,144
6,031
1,667
1,667
1,299
1,299
660
660
2,351
28
2,379
333
196
529
9,698
23,040
32,738
178,091
30,485
30,644
239,220
Year ended
31/12/2024
£
37,576
363
37,939
Year ended 31 December 2024
Unrestricted funds		 Year ended
31/12/2023
TOTAL
£
61,117
2,627
1,190
14,641
1,794
13,730
6,746
60,908
1,209
13,553
5,615
6,485
1,805
3,566
1,540
1,269
710
2,432
1,551
27,730
230,218
Year ended
31/12/2023
£
57,766
2,873
60,639

The average number of people employed by the PCC in the year was 4 (2023: 6). The PCC employed an administrator, pastoral care co-ordinator, a toddler group co-ordinator and a caretaker.

13

Christ Church Selly Park

Trustees’ Annual Report and Financial Statements for the year ended 31 December 2024

Notes to the Financial Statements (continued) For the year ended 31 December 2024

5 TRUSTEES AND RELATED PARTY TRANSACTIONS

No Trustee received any form of remuneration or other benefit from the parish in the year (2023: none).

As part of its insurance policy the church pays for trustee indemnity insurance.

Donations of £44,820 (2023: £31,117) were received from PCC members and their connected parties.

The parish paid Revd. Ben Green the following expenses in 2024:

Mileage paid at diocesan rates of 45p per mile (30p per mile outside the Diocese) £472 (2023: £671)

Broadband & telephone costs £416, books £628 (2023 £357 and £408)

Vicarage water rates paid by the parish amounted to £1,189 (2023 £810)

Becky Parnell's husband is a trustee of "THEN" a UK charity through whom the PCC made gifts (in 2023 of £1,194) for teacher training and medical work in Nepal.

There were no further related party transactions during the year.

6
FIXED ASSETS FOR USE BY THE PCC
Freehold land
Tangible fixed assets
and buildings
£
Actual/deemed cost
At 1 January 2023
1,360,986
Additions
Disposals
At 31 December 2023 / 1 January 2024
1,360,986
Additions
Disposals
At 31 December 2024
1,360,986
Depreciation
At 1 January 2023
246,943
Charge for the year
25,968
Disposals
At 31 December 2023 / 1 January 2024
272,911
Charge for the year
25,890
Disposals
At 31 December 2024
298,801
Net book value
At 31 December 2024
1,062,185
At 31 December 2023
1,088,075		 Church
equipment
£
97,995
7,399
-3,669
101,725
30,200
-23,633
108,292
92,399
1,762
-3,669
90,492
6,848
-23,633
73,707
34,585
11,233		 Total
£
1,458,981
7,399
-3,669
1,462,711
30,200
-23,633
1,469,278
339,342
27,730
-3,669
363,403
32,738
-23,633
372,508
1,096,770
1,099,308

The freehold land and buildings comprise the land of the Christ Church site and the direct construction costs of the Christ Church building. The land is held on behalf of the PCC by Birmingham Diocesan Trustees Registered as Custodian Trustees because the PCC is not permitted by law to be the registered owner of land.

The level of capitalised interest included within the cost of Freehold land and buildings is £18,040 (2023: £18,040.)

14

Trustees’ Annual Report and Financial Statements for the year ended 31 December 2024

Christ Church Selly Park

Notes to the Financial Statements (continued) For the year ended 31 December 2024

7
FUNDS
Unrestricted Funds
Parish General Fund
Property Fund (Land - see note 1)
Designated funds
Philippians Fund
Encounter/Bolivia Fund
Refurbishment Fund
Warm Welcome Fund
Legacies Fund
Fixed Assets Fund
Evangelism Fund
Restricted Funds
Building Fund
Warm Welcome Fund
Events and Appeals
Total Funds
Comparative figures - 2023
Unrestricted Funds
Parish General Fund
Property Fund (Land - see note 1)
Designated funds
Youth Fund
Baby and Toddler Club
Lunch Club
Monday Fellowship
Philippians Fund
Coffee Mates
Encounter/Bolivia Fund
Refurbishment Fund
Warm Welcome Fund
Legacies Fund
Fixed Assets Fund
Evangelism Fund
Restricted Funds
Building Fund
Warm Welcome Fund
Events and Appeals
CFM Fund
Total Funds
see note 9 for details		 At 1 Jan 24
£
88,732
150,000
238,732
3,069
526
37,759
5,264
96,000
32,060
3,181
177,859
899,060
774
-809
899,025
1,315,616
At 1 Jan 23
£
73,919
150,000
223,919
1,065
251
2,468
18
3,069
1,078
826
38,429
5,070
65,000
34,460
3,279
155,013
922,100
-907
921,193
1,300,125		 Income
£
191,874
191,874
100
1,269
3,930
133
500
5,932
7,041
3,565
10,606
208,412
Income
£
191,629
191,629
1,007
2,585
3,655
928
1,502
4,433
194
31,000
45,304
4,849
477
3,450
8,776
245,709		 £
-178,091
-178,091
-196
-671
-6,440
-11,047
-9,698
-2,433
-30,485
-23,040
-3,789
-3,815
-30,644
-239,220
Expenditure
£
-181,411
-181,411
-1,007
-2,610
-3,897
-18
-928
-1,802
-5,103
-2,400
-98
-17,863
-23,040
-3,168
-1,286
-3,450
-30,944
-230,218
Expenditure		 Transfers
£
-10,613
-10,613
-12,752
-25,023
48,388
10,613
0
0
Transfers
£
4,595
4,595
-1,065
-226
-2,226
-1,078
-4,595
0
0		 At 31 Dec 24
£
91,902
150,000
241,902
2,973
1,124
22,497
5,397
59,930
70,750
1,248
163,919
876,020
4,026
-1,059
878,987
1,284,808
At 31 Dec 23
£
88,732
150,000
238,732
0
0
0
0
3,069
0
526
37,759
5,264
96,000
32,060
3,181
177,859
899,060
774
-809
0
899,025
1,315,616

Transfers:

In 2024 a decision was taken to transfer the net book value at 1 January 2024 of fixed assets held in the general fund and the refurbishment fund to the Fixed Assets Fund. During the year the amount spent on fixed assets from the General Fund and the Legacies Fund was also transferred to the Fixed Assets Fund.

In 2023 the PCC took the view that our Youth work and the activities of Monday Fellowship, Baby and Toddler Club, Lunch Club and Coffee Mates are all integral aspects of the mission of the church and therefore closed the designated funds and transferred the balances at 31 December 2023 to the general fund.

15

Trustees’ Annual Report and Financial Statements for the year ended 31 December 2024

Christ Church Selly Park

Notes to the Financial Statements (continued) For the year ended 31 December 2024

8
ANALYSIS OF NET ASSETS BY FUND TYPE
At 31 December 2024
Fixed assets for church use
Current assets
Current liabilities
Funds
At 31 December 2023
Fixed assets for church use
Current assets
Current liabilities
Funds		 General
Designated
Funds
Funds
£
£
150,000
70,750
102,342
93,169
-10,440
241,902
163,919
£
£
155,436
44,812
96,088
133,047
-12,792
238,732
177,859
Unrestricted funds		 Restricted
Funds
£
876,020
2,967
878,987
£
899,060
774
-809
899,025		 Total
£
1,096,770
198,478
-10,440
1,284,808
£
1,099,308
229,909
-13,601
1,315,616

In preparing these accounts the trustees have reviewed all funds and provide this summary: Unrestricted funds:

The Parish General Fund is used to pay for the running costs and maintenance of the church, non-clergy staff, the Diocesan Common Fund, building insurance, clergy housing and other parish expenses.

The Property Fund represents the deemed cost of land transferred on creation of the Parish in 2004. Land is not depreciated unless there is a permanent impairment.

Designated funds are unrestricted; they represent amounts designated by the PCC for specific purposes.

Restricted funds:

16

Christ Church Selly Park

Trustees’ Annual Report and Financial Statements for the year ended 31 December 2024

Notes to the Financial Statements (continued) For the year ended 31 December 2024

10 MISSION GIVING

Expenditure in note 3 includes donations of £1,000 or more to the following charitable organisations:

Year ended Year ended
31/12/2024 31/12/2023
£ £
The TLA Charitable Trust 2,278 1,936
Amani Children's Home, Tanzania 2,278 1,936
Churches and missionaries in Bolivia (2023 includes gifts) 2,278 2,740
African Interior Church 2,278 1,936
Costs related to parish mission to Kenya 1,000
A Rocha International for A Rocha Kenya 1,373
Then for Nepal 1,194

11 CAPITAL COMMITMENTS

There was no capital expenditure authorised and contracted for but not provided for in the financial statements (2023: £nil).

12 OPERATING LEASE COMMITMENTS

There were no operating lease commitments at the year end (2023 £480 due in less than one year).

13 INDEPENDENT EXAMINER

The amount payable to the independent examiner for the year is £670 (2023: £650).

14 PENSION BENEFITS

Employees are normally part of the auto enrolment compliant Birmingham Diocesan Board of Finance Group Pension Scheme however where employees transfer from employment of the Diocese under the TUPE regulations membership may be of the Church Workers Pension Fund. The assets of the schemes are held separately from those of the charity.

DIOCESE OF BIRMINGHAM SCHEME

The diocese provides a defined contribution Friends Life Flexible Retirement Account group pension scheme. The pensions cost charged to the Statement of Financial Activities in the year was £363 (2023 £361).

CHURCH WORKERS PENSION FUND ("CWPF")

Christ Church participated in the Pension Builder Scheme section of CWPF for lay staff who transferred from employment by the Diocese. The Scheme is administered by the Church of England Pensions Board, which holds the assets of the scheme separately from those of Christ Church and the other participating employers.

Christ Church's last active member left this scheme on 31st October 2023 and the CWPF confirmed on 21st November 2023 that the parish had no further liabilities to the scheme.

17

Trustees’ Annual Report and Financial Statements for the year ended 31 December 2024

Christ Church Selly Park

Notes to the Financial Statements (continued) For the year ended 31 December 2024

15 DETAILED COMPARATIVE FIGURES

STATEMENT OF FINANCIAL ACTIVITIES together with details of income and expenditure (see notes 2 and 3)

INCOME FROM:
see details below
Income from donations and legacies
Income from charitable activities
Investment income
Other income
Total income
EXPENDITURE ON:
see details next page
Expenditure on charitable activities
Total expenditure
Net income/expenditure
before transfers between funds
Transfer between funds
Net movement in funds
RECONCILIATION OF FUNDS:
Funds brought forward
Funds carried forward
INCOME
See Note 2
Income from donations and legacies
Monthly standing orders
Other regular giving
One off and occasional giving
Cash collections
Sundry donations
Income tax recoverable
Grants
Legacies
Income from charitable activities
Church lettings
Fees & similar receipts
Investment income
Bank interest
Other income
Insurance claims
Surplus on sale of Fixed Assets
Total income		 Restricted
General
Designated
Funds
Funds
Funds
TOTAL
£
£
£
£
151,844
38,136
8,299
198,279
32,938
7,168
477
40,583
5,191
5,191
1,656
1,656
191,629
45,304
8,776
245,709
181,411
17,863
30,944
230,218
181,411
17,863
30,944
230,218
10,218
27,441
-22,168
15,491
4,595
-4,595
0
0
14,813
22,846
-22,168
15,491
223,919
155,013
921,193
1,300,125
238,732
177,859
899,025
1,315,616
£
£
£
£
111,766
3,642
2,810
118,218
6,085
6,085
10,326
1,335
110
11,771
495
40
535
1,260
205
1,919
3,384
21,912
957
920
23,789
997
2,500
3,497
31,000
31,000
151,844
38,136
8,299
198,279
30,344
30,344
2,594
7,168
477
10,239
32,938
7,168
477
40,583
5,191
5,191
827
827
829
829
1,656
0
0
1,656
191,629
45,304
8,776
245,709
Year ended 31 December 2023
Unrestricted funds

18

Christ Church Selly Park

Trustees’ Annual Report and Financial Statements for the year ended 31 December 2024

Notes to the Financial Statements (continued) For the year ended 31 December 2024

15 DETAILED COMPARATIVE FIGURES Continued STATEMENT OF FINANCIAL ACTIVITIES

EXPENDITURE
See note 3
Expenditure on charitable activities
Ministry: Common Fund
Clergy expenses
Clergy property expenses
Church:
Utilities
Insurance
Maintenance
Cleaning and similar costs
Upkeep of services
Training and recognition
Children's work
Youth work
Staff costs
Costs of trading, refreshments
Website, printing and publicity
Professional costs and music licences
Governance costs
Depreciation
Other administration and office costs
Church and mission overseas
Home missions, parish evangelism & events
Other charitable giving
Total expenditure		 Restricted
General
Designated
Funds
Funds
Funds
TOTAL
£
£
£
£
61,117
61,117
2,627
2,627
1,190
1,190
14,311
330
14,641
1,794
1,794
9,747
3,983
13,730
6,746
6,746
1,805
1,805
1,209
1,209
148
148
1,125
1,007
1,286
3,418
55,858
1,600
3,450
60,908
1,053
5,432
6,485
1,540
1,540
1,269
1,269
710
710
1,170
3,520
23,040
27,730
2,432
2,432
11,751
1,802
13,553
2,309
138
3,168
5,615
1,500
51
1,551
181,411
17,863
30,944
230,218
Unrestricted funds
Year ended 31 December 2023

19