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2024-12-31-accounts

PETERBOROUGH PARISH CHURCH St. John the Baptist with St. Luke Charity registration number 1127813

Annual Report

and

Financial Statements

of the

Parochial Church Council

for the year ended 31st December 2024

Incumbent:

Reverend Michelle Dalliston The Deanery, 14 Minster Precincts Peterborough, PE1 1XX

Bank:

Barclays Bank plc 1 Church Street Peterborough Cambridgeshire PE1 1XZ

Independent Examiner Michael Horspole 30 Livermore Green Werrington Peterborough PE4 5DG

Page 1 of 23

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. JOHN THE BAPTIST, PETERBOROUGH

PARISH INFORMATION

Parish Peterborough Parish Church St John the Baptist with St Luke. Incumbent Reverend Michelle Dalliston The Deanery, 14 Minster Precincts Peterborough Cambridgeshire PE1 1XX Bank Barclays Bank Plc 1 Church Street Peterborough Cambridgeshire PE1 1XE Independent Michael Horspole Examiner 30 Livermore Green Werrington Peterborough PE4 5DG

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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. JOHN THE BAPTIST, PETERBOROUGH

CONTENTS

Page
Trustees’ report 4 - 11
Independent examiner’s report 13
Statement of financial activities 14
Balance sheet 15
Notes on the financial statements 16 – 23

Page 3 of 23

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. JOHN THE BAPTIST, PETERBOROUGH

PAROCHIAL CHURCH COUNCILS REPORT FOR THE YEAR ENDED 31 DECEMBER 2024

OUR PARISH VISION AND MISSION

The PCC has the responsibility of co-operating with the incumbent in promoting in the ecclesiastical parish the whole mission of the Church, pastoral, evangelistic, social and ecumenical. St John’s and St Luke ’s are open and inclusive communities of faith, welcoming all and seeking to be living witnesses to God in Jesus Christ. This is expressed through our Ethos and Vision.

In these we seek to live the mission of the church and draw others into its life and community.

Everything we do falls under five key areas:

These mirror the Five Marks of Mission of the Anglican Communion:

OUR VISION FOR THE WIDER USE OF ST JOHN’S

As the historical parish church for Peterborough, The Church of St John the Baptist was consecrated to witness to the presence of the living God in the heart of the city and amid human life, in all its variety and complexity, in its joys and in its sorrows. In order to develop enhanced public benefit and make the most of its strategic location today, we aim to live the vision and mission through being:

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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. JOHN THE BAPTIST, PETERBOROUGH

PAROCHIAL CHURCH COUNCILS REPORT FOR THE YEAR ENDED 31 DECEMBER 2024 (continued)

St Luke ’ s is our daughter church on Mayor ’ s Walk, built in 1901 as a Mission Room to serve the growing residential part of St John ’ s Parish to the west of the railway. Dedicated to St Luke in 1983 it had a focus in supporting the now demolished District Hospital and is now in the midst of a residential community and small commercial area.

PREMISES

The PCC has maintenance responsibilities for the church buildings: The Parish Church of St John the Baptist, Church Street, Peterborough and the daughter church of St Luke, Mayor ’s Walk, Peterborough. Our Vicar resides in The Deanery, in the Cathedral Precincts.

All Saints Mar Thoma Church signed a 25-year lease to rent St John’s Hall in Mayor’s Walk as of July 2018 and as such is responsible for the maintenance of this premises. An annual inspection by the PCC of St John’s Hall was completed in December identifying some minor areas requiring improvement, which have been completed.

MEMBERSHIP OF THE PCC

Members of the PCC are either ex-officio, co-opted or elected by the Annual Parochial Church Meeting in accordance with the Church Representation Rules. During the year the following served as members of the PCC:

Incumbent Reverend Michelle Dalliston

Curate Reverend Becka Yates Growing Faith Reverend Lex Bradley-Stow (from October 2024) Chaplain

Wardens Judy Barsby Alun Williams – Parish Safeguarding Officer (PSO) Vernon Bull – Church Warden Emeritus, Treasurer Jim Reynolds - Deputy Warden

Deanery Synod Judy Barsby Representatives June Bull – Deanery Synod Standing Committee, Diocesan Synod Representative, Health and Safety Officer

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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. JOHN THE BAPTIST, PETERBOROUGH

PAROCHIAL CHURCH COUNCILS REPORT FOR THE YEAR ENDED 31 DECEMBER 2024 (continued)

Elected Members Malikia Brewster Sol Cowne Gemmell Lucy Georgiou Lyn Green Malcolm Hopkins Margaret Lilliman Henry Mosey resigned March 2025 Sara More June Swingler - Electoral Roll Officer

Kajsa Gemmell was appointed as Clerk to the APCM and subsequently, PCC Secretary.

Michael Horspole attended some meetings as Independent Financial Adviser. The PCC met on 8 occasions in 2024 with an average attendance of 13 members. The number of members that could be elected to the PCC stands at 9 as the Electoral Roll numbers are below 100. The current Electoral Roll permits two representatives at Deanery Synod.

Standing Committee

The Standing Committee of the PCC is a statutory committee with power to transact emergency business between meetings and other business as instructed by the Council. The Standing Committee comprises the Vicar and Churchwardens together with the Treasurer, Parish Safeguarding Officer and Secretary, and this also serves as the Health and Safety Committee.

Working Groups and Other Appointments

The PCC has appointed several working groups for different areas of interest in the life of the church and the parish.

The Social and Fundraising Committee , consisting of the Vicar, the Curate, Judy Barsby, Lucy Georgiou, , Rosie Haynes, Margaret Lilliman, Di Sabel, Les Sabel and Sarah Warburton, provided and coordinated informal church events and activities including the Harvest and Patronal Festival lunches, the Beetle Drive and refreshments for special events.

The Finance Committee, consisted of the Vicar, Churchwardens, Treasurer, Rosie Haynes and Duncan Garfield (Administrator), the last two of who also fulfilled the role of cash counters.

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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. JOHN THE BAPTIST, PETERBOROUGH

PAROCHIAL CHURCH COUNCILS REPORT FOR THE YEAR ENDED 31 DECEMBER 2024 (continued)

The Fabric Committee, concerned with the care and maintenance of parish buildings, consisted of the Vicar, Churchwardens, Simon Crooke, Malcolm Hopkins, Jim Reynolds and Les Sabel.

Our Churchwardens were Judy Barsby and Alun Williams, Vernon Bull upon retiring as Churchwarden, took on the role of Churchwarden Emeritus. Jim Reynolds was appointed Deputy Warden by the PCC in August 2024. Alun Williams also acted as our Parish Safeguarding Officer overseeing Safeguarding policies and working practices. Stewardship Recording was carried out by Judy Barsby and Duncan Garfield, our Parish Administrator. Payroll services were provided by the Diocese with oversight by the Treasurer. June Bull was our Health and Safety Officer and June Swingler our Electoral Roll Officer. The PCC would like to thank everyone for their hard work and contribution throughout the year.

The PCC appointed Reg Tomblin and Sara More as representatives on the executive of Churches Together in Central Peterborough (CTiCP). In addition, the Vicar, Alun Williams and June Bull represented the PCC on the St John’s Development Board Community Interest Company which exists to develop the use of the church for appropriate artistic and cultural purposes.

The PCC also established a Communications Team with the long-term aim of promoting and sharing information about our churches and their Mission – currently it has a role in reviewing and making recommendations on all aspects of our communications. The Parish Administrator deals with church administration, financial processing and events booking and coordination and during the year became our ‘Lead Recruiter’ for DBS checking purposes.

SAFEGUARDING

The PCC takes its responsibilities for the care of everyone in the church seriously. It follows the Safeguarding Policies for the Diocese of Peterborough and everyone who works with children, young people and adults at risk is recruited following the Safer Recruiting procedures, including checks made with the Disclosure and Barring Service, where appropriate or by the use of Confidential Declaration Forms and references. A Safeguarding Team, comprising, Alun Williams (PSO), the Vicar, the Curate, Youth Worker, MES Intern and parish volunteers familiar with Safeguarding practices, meet regularly to review the Parish Safeguarding Action Plan and use the online Parish Safeguarding Dashboard to ensure we are compliant with Safeguarding policies and procedures.

A Safeguarding Pack includes all the necessary Safeguarding documents appropriate for those volunteering at our churches and for our volunteer groups, including those volunteering at the Community Support Hub and Tuesdays ‘Till Two Café. The Safeguarding Policy is reviewed annually and any matters of concern are referred to the Diocesan Safeguarding Advisor, in accordance with the Safeguarding Policy. Safeguarding is a standing item on the PCC Agenda.

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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. JOHN THE BAPTIST, PETERBOROUGH

PAROCHIAL CHURCH COUNCILS REPORT FOR THE YEAR ENDED 31 DECEMBER 2024 (continued)

CHURCH ATTENDANCE AND WIDER COMMUNITY

The Electoral Roll as at May 2025 (2025 has seen a new Electoral Roll established according to the Church of England rules for full renewal every six years) stands at 97 members, with 23 resident within the parish and 74 non-resident. As the Electoral Roll stands, under the 2020 Church Representation Rules, 9 persons may be elected to serve on the PCC in addition to 2 Deanery Synod representatives. The Deanery Synod representatives were elected for a three-year term at the 2023 APCM until 2026.

REVIEW OF THE YEAR

It has been another year of encouraging advances. Attendances at Sunday Eucharist at St John’s continued to increase with a wonderful diversity of people, of all ages, nationalities, and experiences and a growing number of people taking a part as volunteers in church and parish life. Services include a cycle of regular morning and evening prayer, additional services at key times of the Church Year, and joint working with the Cathedral – e.g. hosting Cathedral Evening Prayer when the Cathedral is unable to do so, and for the purposes of enriching the liturgy e.g.- a procession of the Liturgy of the Palms shared with the Cathedral complete with donkeys, and a new initiative this year – a City Nativity Play in December at the Guildhall followed by a Christingle Service in the Cathedral. Our monthly ‘Together’ Family Service – also part of joint working with the Cathedral - and regular family events continue to attract young families.

Our committed clergy team comprises of our Vicar, Revd Michelle, Curate, Revd Becka, and retired priest Canon Bill Croft. From October 2024, Revd Lex Bradley-Stow joined us as Growing Faith Chaplain, working jointly between the parish, the Cathedral and the King’s School to help us further develop our ministry with children, young people and families and to connect with the Church of England’s Growing Faith Foundation in working across the three spheres of church, school and home. We are also blessed to have Archdeacon Alison Booker and Canon Helen Dearnley, who both live within the parish and assist with occasional services. St Luke’s is home to a small but growing, dedicated and faithful congregation at its Sunday Eucharist. The service of Healing and Wholeness is held there each month and the weekly drop in Chill and Chat meetings on Wednesdays followed by a short service of Midday Prayer. In the course of the year, Chris Royle, from St Luke’s congregation, was selected for training as a Distinctive Deacon and began her ministerial training, with her placement being at St Luke’s.

One of our key objectives established in 2022 was the growth of our church, numerically, spiritually and pastorally in all aspects of our relationship with the city centre and its resident population and visitors. This has continued to happen throughout 2024 as we have worked in partnership with the City Council in our role as the Civic Church, in collaboration with our Deanery and with other City Centre churches and faith groups. We continue to actively seek ways to work with community groups and agencies to serve the people of our City and to be open at both our churches as places of prayer and sanctuary, friendship and hospitality.

Page 8 of 23

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. JOHN THE BAPTIST, PETERBOROUGH

PAROCHIAL CHURCH COUNCILS REPORT FOR THE YEAR ENDED 31 DECEMBER 2024 (continued)

At both St John’s and St Luke’s there has been the introduction of a Prayer Space with a focus on peace and prayer cards available – at St John’s throughout the year this has focused also on the situation in Ukraine, and the conflict in the Middle East. Many people light candles and pray and make use of the prayer cards and leaflets offering a simple form of Morning and Night Prayer to use at home. There have also been prayer trails and an additional prayer focus in Lent, Advent, and for Thy Kingdom Come with an invitation to pray for the streets of our parish. We have continued to support the ministry of the Street Chaplains from the Light Project Peterborough, providing a base from which they go out into the City on Fridays. Many activities for families are held in school holidays – in the summer these link with the Summer Exhibition at the Cathedral – in 2024 this was focused on Monsters of the Sea. Our Youth ministry has continued to grow through the work of our trainee Youth Worker, Honour Smith, who is based with us for her placement alongside her studies at Ridley Hall, Cambridge. From September we were also joined by LivAstrid Cowne Gemmell, one of the Deanery Youth Interns on the Diocesan Ministry Experience Scheme – a year long experience of parish ministry with a focus on youth work. Together, Liv and Honour have established a weekly Youth Group – City Alight Youth with a range of activities which is attracting young people from 8+.

We have welcomed many families for baptisms, and there were two weddings in 2024, as well as a number of funerals both held at St John’s and also led by our Parish Clergy at Peterborough Crematorium.

Another glorious Flower Festival was held in the year – this time at the end of September over the Feast of Michaelmas. The theme was ‘Rainbows of Hope’ with flowers arranged in the colours of the rainbow around the whole of the church. Once again a whole host of arrangers, schools, musicians, welcomers and refreshment providers came together to put on an amazing event which brought in a great crowd to enjoy the displays and entertainments. Our Flower Team – Lai Julian, Margaret Lilliman, Jackie Prime, and Di & Les Sabel are to be congratulated and our grateful thanks to all those who took part.

The Community Support Hub based at St John’s continued throughout 2024 and supports over a hundred people of all ages and situations who come to enjoy hot food and social and economic advice, health support and opportunities to engage with other support services from across Peterborough, working in partnership with the Light Project Peterborough and the Rough Sleeper Outreach Team from the Council to support those who are on the streets. This work is utterly dependent on our fantastic team of Hub Volunteers, led by Malikia Brewster and supported by Malcolm Hopkins. (Early in the new year 2025, Malcolm has been appointed as Head Verger at the Cathedral – many congratulations to him.)

Our choir at St John’s has grown significantly under the leadership of our superb Director of Music, Jeremy Jepson, who joined us early in 2024. A Junior Choir was initiated on Mothering Sunday 2024 and continues to attract new members from 7 years and up. In addition to singing every Sunday at the main service, there have been a number of special services – such as Choral Evensong for our Patronal Festival in June 2024. We have continued to welcome the Cathedral Junior Choir who joined us once again for Mothering Sunday, for our Patronal Festival in June and Harvest Festival in October.

Page 9 of 23

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. JOHN THE BAPTIST, PETERBOROUGH

PAROCHIAL CHURCH COUNCILS REPORT FOR THE YEAR ENDED 31 DECEMBER 2024 (continued)

Our Civic Carol Service in December was an especial high point as was our CIC Christmas Concert, at which our adult and Junior Choir, joined by the Cathedral Junior Choir, sang with the City of Peterborough Concert Band and had the audience singing and dancing in their pews.

At St Luke’s we are blessed to have Helen Bates to play for the Sunday Service once a month, and to have the support of Malcolm Hopkins in setting up for services. Our worship involves all members of the congregation in reading, serving and leading intercessions. We were overjoyed to hold our first baptism for many years at St Luke’s when Sebastian Georgiou was baptized at the end of June 2024. We now also have a Children’s Corner at St Luke’s with toys and activities for families too.

Our financial situation once again improved during the year. We are very grateful to our Treasurer Vernon Bull and Administrator, Duncan Garfield, supported by Rosie Haynes and Michael Horspole. Assisted by the support of the Finance Committee, some of our investments were moved into more ethical funds, in conjunction with our efforts to be ‘greener’. Although we are still dependent on our reserves, Stewardship giving continued to increase and we were able to meet all its financial obligations in 2024 and the Parish Share was paid in full.

Both churches remain in good structural order. The repaired stained glass window in the South Porch was installed with a new protective metal grill on the outside and perspex on the inner side. The void discovered under the north aisle floor at St John’s is still awaiting repair and the staining on the ceiling of St Luke’s is being monitored. A Quinquennial Inspection was carried out at St John’s in 2024 and a report presented in September. A schedule of works for the urgent repairs will be produced by our Architect, Stephen Oliver.

St John’s Community Interest Company (CIC):

St John’s CIC events continued in 2024 with the series of regular Tuesday lunchtime concerts from ‘Tuesdays ‘Til Two’ and ‘Piccolo’, a monthly concert for preschool children and their carers on the first Thursday of most months. As mentioned above, a very successful Christmas evening concert also took place. Altogether the CIC organised and ran 42 concerts during 2024. These initiatives contribute to an increased footfall by keeping St John’s open, as well as raising the church’s profile at the heart of the city centre. Our thanks to Alun Williams who works hard to generate and host these events as the CIC’s programme manager. The CIC’s activities generated over £2745 in church hire fees for St John’s, and donations at the Christmas concert supported church funds.

On Saturdays, regular church volunteers staff the popular morning café at St John’s, supported by many volunteers and on Wednesdays, students of Marshfields School in the first part of the year, and then from the autumn, students from City College Peterborough, ran a weekly Café which continues to grow in numbers attending. Wendy Dyer continued to offer a wonderful array of knitted clothes, toys, handmade jewellery and other items along with souvenirs from the welcome counter and Malikia Brewster maintained the ‘Book Nook’ book stall which regularly features special interest books and other relevant items. Margaret Lilliman and Helen Bates hosted Chill and Chat on Wednesday mornings at St Luke ’s, concluded by a simple service. The Ladies Group meet each month for a talk or activity and refreshments.

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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. JOHN THE BAPTIST, PETERBOROUGH

PAROCHIAL CHURCH COUNCILS REPORT FOR THE YEAR ENDED 31 DECEMBER 2024 (continued)

The Pastoral Team continued to work together to offer pastoral care across the whole church family, to take communion at home to those unable to attend Sunday services and to support monthly services of communion in The Maltings and St Margaret’s House care homes. The Mission Team meets to consider areas to develop – in 2024 the focus was on our efforts to become an Eco-Church and we were delighted to be awarded a Bronze Award through the A Rocher EcoChurch scheme . We continue to support the Welcome Directory, providing help for prison leavers as they rejoin society. The congregation is well represented on the rota of servers, readers, intercessors, Eucharistic assistants, Sunday Wardens and sides-people. Fresh flowers were arranged in both churches each week by the Flower Team led by Lai Julian, Di Sabel and Jackie Prime.

Peterborough Art Society held two exhibitions at St John’s and we were again open for the nationally run Heritage Open Days in September. We work closely with the Business Improvement District, Peterborough Positive, to improve the draw for residents and visitors to the city centre and also with the City Council in promoting Peterborough as a place of heritage and culture.

The worship at both churches has traditionally been based on Common Worship, with robed servers and choir complemented by the singing of a responsorial psalm and anthems during the Eucharist at St John’s. At St Luke’s, CDs provided the accompaniment for hymn singing with Helen Bates accompanying the service on keyboard once a month. Sunday services normally conclude with refreshments at both churches. These provide occasions for enjoyment and fellowship to complete our worship.

Our dedicated team of Bellringers ring at St John’s most Sundays calling us to worship and in the course of the year have rung several peals and supported ringing at the Cathedral and elsewhere in the Deanery.

Important links continue to be grown with the two schools in the parish- West Town Primary Academy and The Peterborough School and with the Day Nursery. Thomas Deacon Academy hold their Acts of Kindness Award ceremony at St John’s and we have links with the King’s (Cathedral) School too. A growing connection has been with St Augustine’s Church of England (VC) Junior School in Woodston, who, since their neighbouring church St Augustine’s closed, have been coming to St John’s for their termly services. Our Vicar and Director of Music are also now visiting the school to assist with Collective Worship once a term.

Page 11 of 23

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. JOHN THE BAPTIST, PETERBOROUGH

INDEPENDENT EXAMINER’S REPORT TO SAINT JOHN THE BAPTIST PAROCHIAL CHURCH

Roles and Responsibilities of the Council

The Council is required to prepare financial statements for each financial year which give a true and fair view of its state of affairs at the end of the year and of its income and expenditure for that period.

In preparing these financial statements the council is 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. The trustees are also responsible for safeguarding the assets of the church and hence for taking reasonable steps for the prevention and detection of fraud.

PCC Chairman: Mie Galtror

Date: Sh Mey dees

Page 12 of 23

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. JOHN THE BAPTIST, PETERBOROUGH

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31st DECEMBER 2024

Page 13 of 23

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. JOHN THE BAPTIST, PETERBOROUGH

STATEMENT OF FINANCIAL ACTIVIES FOR THE YEAR ENDED 31[st] DECEMBER 2024

Notes
Income From
Voluntary Income
2(a)
Activities for Generating
Funds
2(b)
Investment Income
2(c)
Church Activities
2(d)
Other Incoming Resources
2(e)
Total Income
Expenditure On
Cost of generating voluntary
income
3(a)
Fundraising trading : cost of
goods sold and other cost
3(b)
Church Activities
3(c)
Governance Costs
3(d)
Total Resources Expended
Net Incoming Resources
Before Other Recognised
Gains and Losses
Change in market value of
investments
Transfers
Net Movement in Funds
Balance bought forward at
1st January
Balance carried forward at
31st December		 Unrestricted Designated Restricted Endowment
Total Funds
Fund
Funds
Funds
Funds
2024
2023
£
£
£
£
£
£
65,529
5,659
1,368
-
72,556
57,940
1,746
6,116
-
-
7,862
5,948
13,904
-
8,310
-
22,215
20,898
25,444
150
-
-
25,594
22,823
17,627
-
38,746
-
56,373
32,204
124,250
11,924
48,424
-
184,599
139,813
186
-
-
-
186
186
229
-
-
-
229
727
157,525
6,671
36,264
-
200,459
173,644
200
-
-
-
200
200
158,140
6,671
36,264
-
201,075
174,758
(33,890)
5,253
12,161
-
(16,476) (34,945)
5,965
10,248
16,214
38,707
3,076
(3,076)
-
-
-
(24,849)
5,253
9,085
10,248
-
263
3,762
218,070
265,453
105,802
303,358
892,683
888,921
193,221
270,706
114,887
313,606
892,420
892,683

The notes on pages 16 to 23 form part of these accounts.

Page 14 of 23

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. JOHN THE BAPTIST, PETERBOROUGH

BALANCE SHEET AS AT 31st DECEMBER 2024

2024 2023
Notes £ £
Fixed Assets
Tangible 5 220,687 220,687
Investments 6 580,198 563,984
800,885 784,671
Current Assets
Debtors 7 7,143 5,822
Cash at Bank and In Hand 8 94,309 110,798
101,453 116,620
Current Liabilities
Creditors: amounts falling due in one year 9 9,917 8,607
9,917 8,607
Total Net Assets 892,421 892,684
Parish Funds
Unrestricted 10 193,221 218,070
Designated 11 270,706 265,453
Restricted 12 114,887 105,802
Endowment Funds 13 313,606 303,358
892,421 892,684

fhMy des

Approved by the Parochial Church Council on and signed on its behalf by:

PCC Chair

Page 15 of 23

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. JOHN THE BAPTIST, PETERBOROUGH

NOTES FOR THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st DECEMBER 2024

1 Accounting Policies Charity Information

The Peterborough Parish Church (named after St John the Baptist)is the historic Parish Church for Peterborough. Today it is home to a vibrant Church community and is in the Church of England Diocese of Peterborough

1.1 Accounting Convention

These accounts have been prepared in accordance with FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" ("FRS102"), "Accounting and Reporting by Charities" the Statement of Recommended Practice for charities applying FRS102, the Charities Act 2011 and UK Generally Accepted

Practice as it applies from 1 January 2015. The Charity is a Public Benefit Entity as defined by FRS102.

The accounts are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these accounts are rounded to the nearest pound.

1.2 Going Concern

At the time of approving the accounts, the trustees have reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus, the trustees continue to adopt the going concern basis of accounting in preparing the accounts.

1.3 Income

Planned giving, collections and donations are recognised when received. Tax refunds are recognised when the incoming resource to which they relate is received. Grants and legacies are accounted for when the PCC is legally entitled to the amounts due. Dividends are accounted for when receivable, interest is accrued. All other income is recognised when it is receivable. All income is accounted for gross, as long as it is capable of financial measurement.

1.4 Resources expended

Grants and donations are accounted for when paid over, or when awarded, if that award creates a binding or constructive obligation on the PCC. The diocesan parish share is accounted for when due. Amounts received specifically for mission are dealt with as restricted funds. All other expenditure is generally recognised when it is occurred and accounted for gross.

1.5 Cash and cash equivalents

Cash and cash equivalents include cash in hand and deposits held at call with banks.

1.6 Financial Instruments

The charity has elected to apply the provision of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments' of FRS 102 to all of its financial instruments. Financial instruments are recognised in the charity's balance sheet when the charity becomes party to a contractual provision of the instrument.

Page 16 of 23

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. JOHN THE BAPTIST, PETERBOROUGH

NOTES FOR THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st DECEMBER 2024

1 Accounting Policies

1.7 Fixed Assets

Consecrated and benefice property is not included in the accounts in accordance with section 10(2)(a) of the Charities Act 2011.

Moveable church furnishings held by the vicar and churchwardens on special trust for PCC and which Require a faculty for disposal are inalienable property, listed in the church's inventory, which can be inspected (at any reasonable time).

For anything acquired before 2000 there is insufficient cost information available and therefore, such assets are not valued in the financial statements. Subsequently no individual item has cost more than £1,000 so all such expenditure has been written off when incurred.

No cost information is available for the church hall so it is included at a deemed cost being its 2012 valuation.

The property is not depreciated due to the high value placed on the building, the longevity of its existence, which in turn suggest the longevity of its future existence. Equipment used within the church premises is depreciated on a straight line basis over four to five years.

1.8 Funds

Restricted funds represent (a) income from trusts or endowments which may be expended only on those restricted objects provided in the terms of the trust or bequest, and (b) donations or grants received for a specific object or invited by the PCC for a specific object. The funds may only be expended on the specific object for which they were given. Any balance remaining unspent at the end of each year must be carried forward as a balance on that fund. The PCC does not usually invest separately for each fund. Where this is no separate investment, interest is apportioned to individual funds on an average balance basis.

Designated funds are funds set aside by the PCC for a specific purpose.

Unrestricted funds are general funds which can be used for PCC ordinary purposes.

Endowment funds are funds held for the long term investment.

1.9 Critical accounting estimates and judgements

In the application of the charity's accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of revision and future periods where the revision affects both current and future periods.

Page 17 of 23

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. JOHN THE BAPTIST, PETERBOROUGH

NOTES FOR THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st DECEMBER 2024 continued)

2 Income **Unrestricted ** **Designated ** Restricted Endowment Total Total
Fund Funds Funds Funds 2024 2023
£ £ £ £ £ £
2(a) Voluntary Income
Planned giving stewardship 41,436 - - - 41,436 33,736
Gift Aid 13,896 - - - 13,896 8,755
Collections (open plate) 5,890 - - - 5,890 7,194
Gift Aid envelopes 1,386 - - - 1,386 1,543
Donations and legacies 2,920 5,659 1,368 9,947 6,713
65,529 5,659 1,368 - 72,556 57,940
2(b) Activities for Generating Funds
Coffee mornings - 6,116 - - 6,116 4,812
Social event & Service Refreshments 475 - - - 475 816
Souvenirs/Traidcraft 1,271 - - - 1,271 320
1,746 6,116 - - 7,862 5,948
2(c) Investment Income
Dividends 10,018 - - - 10,018 11,115
Interest 3,886 - 8,310 - 12,197 9,782
13,904 - 8,310 - 22,215 20,898
2(d) Church activities
Church hire and hall rent 19,368 - - - 19,368 19,669
Flowers (Including festival) 3,201 - - - 3,201 55
Fees 2,875 - - - 2,875 1,422
Trading income - cards and picture
sales - 150 - - 150 1,677
25,444 150 - - 25,594 22,823
2(e) Other incoming resources
Insurance claims 17,627 - - - 17,627 -
Tower fund - - - - - -
Grant income - - 38,746 - 38,746 32,204
17,627 - 38,746 - 56,373 32,204
Total Income 124,250 11,924 48,424 - 184,599 139,813

Page 18 of 23

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. JOHN THE BAPTIST, PETERBOROUGH

NOTES FOR THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st DECEMBER 2024 (continued)

3 Resources expended Unrestricted Designated Restricted Total Funds
Fund Funds Funds 2024 2023
£ £ £ £ £
3(a) Cost of generating voluntary income
Contactless Fees 186 - - 186 186
186 - - 186 186
3(b) Fundraising trading: cost of goods sold & other costs
Souvenirs/Traidcraft - - - - 38
Service Refreshments 229 - - 229 689
229 - - 229 727
3(c) Church activities
Missionary and charity giving - 5,191 - 5,191 5,208
Parish share 72,279 - - 72,279 70,174
Utilities 10,789 - 4,524 15,313 12,054
Routine maintenance 835 - - 835 1,601
Church fabric maintenance 17,813 - - 17,813 1,650
Quinquennial work 1,620 - - 1,620 -
Organ maintenance 967 - - 967 840
Incumbent & Curate expenses 1,187 - 684 1,871 1,080
Insurance 10,474 - - 10,474 11,418
Upkeep of services 1,323 - - 1,323 1,298
Music & Choir 155 155 -
Children & Youthwork - 1,480 - 1,480 270
Administration 6,063 - - 6,063 5,065
Wages and salaries 26,483 - - 26,483 18,364
Organist fees for services 2,057 2,057 3,060
Stewarding and other hire costs 1,377 - - 1,377 1,195
Flowers expenditure (Including festival) 3,218 - - 3,218 464
Diocesan fees 886 - - 886 521
Community Hub (1) - - 271 271 21,897
Community Hub (2) 12,686 12,686 9,909
Community Hub (3) 12,441 12,441 -
Community Hub (4) 5,099 5,099 -
Health Hub 558 558 5,497
Living Sports - - 900
Depreciation - - - - 1,180
157,525 6,671 36,264 200,459 173,645
3(d) Governance costs
Independent examiners fees 100 - - 100 100
Accountancy fees 100 - - 100 100
200 - - 200 200
Total Resources expended 158,140 6,671 36,264 201,075 174,758

4 Wages and salaries

During the year the PCC employed a number of people. The total cost of these appointments was £26,483 (2023 £18,364), including employers' national insurance contributions. The average number of employees on the payroll during the year was 3 (2023- 2) No employees have been paid more than £60,000 per annum during 2024 or 2023.

Page 19 of 23

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. JOHN THE BAPTIST, PETERBOROUGH

NOTES FOR THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st DECEMBER 2024 (continued)

5 Fixed Assets
Tangible
Cost or valuation:
At 1 January 2024
Additions
At 31 December 2024
Depreciation:
At 1st January 2024
Charge for the year
At 31 December 2024
Net book value
At 1 January 2024
At 31 December 2024		 Property
Equipment
Total
£
£
£
220,000
12,029
232,029
-
-
-
220,000
12,029
232,029
-
11,342
11,342
-
-
-
-
11,342
11,342
220,000
687
220,687
220,000
687
220,687

The property comprises of the church hall at Mayors Walk, Peterborough

A valuation of the property was undertaken by Joliffe Daking, Chartered Surveyors, on 6 December 2012

6 Investments

6 Investments
Bought forward
Sale of Investments (for payment of Parish Share)
Change in market value during the year		 2024
2023
£
£
563,984
525,277
-
-
16,214
38,707
580,198
563,984

The investments are administered by Peterborough Diocesan Board of Finance on behalf of the Church and held with CCLA and M & G Equities.

7 Debtors

Tax recoverable on stewardship
Accrued income
Prepayments and accrued interest
Other Debtors		 Unrestricted Designated
Restricted
Total Funds
Fund
Funds
Funds
2024
2023
£
£
£
£
£
2,989
-
-
2,989
2,481
2,612
-
-
2,612
2,843
193
-
-
193
163
1,350
-
-
1,350
335
7,143
-
-
7,143
5,822

Page 20 of 23

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. JOHN THE BAPTIST, PETERBOROUGH

NOTES FOR THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st DECEMBER 2024 (continued)

8 Cash at bank and in hand
CCLA Investment accounts:
CBF St John's Burial fund
investment account

Deposit Account (Sale of Holdich
Street)
St Johns Fabric fund
St Lukes Fabric fund
Barclays current account
Cash in hand
9 Creditors - amounts falling due
within one year
Accruals for utilities and other costs
10 Unrestricted funds
General Account
CBF St John's Burial Fund Interest
Account
St John's Fund - for the
Ecclesiastical Purposes of the
parish		 Unrestricted Designated Restricted
Total Funds
Fund
Funds
Funds
2024
2023
£
£
£
£
£
9,940
-
-
9,940
13,279
-
33,778
-
33,778
32,076
-
-
592
592
562
-
-
10,143
10,143
9,632
(81,517)
16,928
101,256
36,667
53,664
980
-
2,208
3,189
1,585
(70,597)
50,706
114,200
94,309
110,798
Unrestricted Designated Restricted
Total Funds
Fund
Funds
Funds
2024
2023
£
£
£
£
£
9,917
-
-
9,917
8,607
9,917
-
-
9,917
8,607
Balance as
Incoming
Resources
Transfers
Balance as
at 1.1.24
Resources
Expended
at 31.12.24
£
£
£
£
£
0
124,250
127,326
3,076
-
-
-
-
218,070
5,965
30,814
-
193,221
218,070
130,215
158,140
3,076
193,221

The CBF St John’s Burial Ground Interest Account unrestricted fund, is money held separately from the main account but can be used for any purpose.

Page 21 of 23

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. JOHN THE BAPTIST, PETERBOROUGH

NOTES FOR THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st DECEMBER 2024 (continued)

11 Designated funds
Holdich Street sale
Church hall
Dilapidation settlement
Coffee shop
Mission Fund
Children & Youth
Craft Fair for Defibrillator		 Balance as
Incoming
Resources Transfers
Balance as
at 1.1.24
Resources
Expended
at 31.12.24
£
£
£
£
£
37,025
-
-
-
37,025
220,000
-
-
-
220,000
4,000
-
-
-
4,000
1,941
6,116
5,191
-
2,865
1,803
2,664
-
-
4,467
2,994
1,480
-
1,514
685
150
-
-
835
265,453
11,924
6,671
0
270,706

The Holdich Street Sale fund relates to proceeds from the sale of a property on Holdich Street as well as the sales of treasury stock, which have been designated for the purpose of the fabric of the church. The PCC decided to use Holdich Street designated funds to maintain a minimum reserve of unrestricted funds to cover annual wages.

The Church hall fund is the designated funds represented by the investment in the church hall and dilapidation settlement.

The coffee shop is the designated funds from incoming donations and sales less any charitable donations made as a result of the fundraising activity.

12 Restricted Funds
St John's Fabric fund & LPoW Grant
St Luke's Fabric fund
Income from G Wyman Fund
Income from Reichmann Bequest Fund
Music & Choir
Income from St John's fund - for the
Ecclesiastical purposes of the parish
Income from Muriel Elizabeth Snowdon fund
Community Hub (1)
Community Hub (2)
Community Hub (3)
Community Hub (4)
Health Hub
Mind Café
Living Sport		 Balance as
Incoming
Resources Transfers
Balance as
at 1.1.24
Resources
Expended
at 31.12.24
£
£
£
£
£
2,589
-
-
-
2,589
10,707
-
-
-
10,707
681
557
500
738
2,912
946
184
-
3,674
-
1,368
-
-
1,368
73,808
6,807
-
80,615
559
-
-
-
559
909
-
355
(554)
-
11,358
5,000
15,400
(958)
-
-
17,250
13,160
-
4,090
-
15,000
5,951
-
9,049
1,663
-
714
(949)
-
-
1,496
-
-
1,496
615
-
-
(615)
-
105,802
48,424
36,264
(3,076)
114,887

The St John's fabric fund represents funds held for the purpose of the fabric of St John's Church The St Luke's fabric fund represents funds held for the purpose of the fabric of either St Luke's Church or St John's Church.

Income from Reichman Bequest represents income from the endowment fund in resect of the assistant curated fund.

As described in noted 13, the 'income from the Sunday School maintenance fund' has been redesignated as 'The St John's fund- for the Ecclesiastical purposes of the parish'. This fund represents the income from the related endowment fund which may be applied for the Ecclesiastical purposes of the parish.

The Community Hubs 3 & 4 have been set up with grants from Peterborough City Council to assist those in need of support in the City using funds from the DWP household support fund.

The Mind Café is a grant from the charity MIND and is to provide warmth and shelter.

Page 22 of 23

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST. JOHN THE BAPTIST, PETERBOROUGH

NOTES FOR THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st DECEMBER 2024 (continued)

13 Endowment funds

13 Endowment funds
Reichmann Bequest
Burial Ground Fund		 Balance as
Sale of
Changes in
Balance
at 1.1.24
Treasury
Stock
Market
Value
Transfer
as at
31.12.24
£
£
£
£
£
18,672
-
427
19,099
284,686
-
9,821
294,507
303,358
-
10,248
0
313,606

The Reichmann Bequest represents an investment from a bequest in the will of Mrs A E Reichmann in 1934, from which the income is to be paid as an augmentation to the Assistant Curates fund.

The Burial Ground fund represents funds received from the Peterborough Development Corporation following the compulsory purchase of the old burial ground. The funds can be used for any purpose.

14 Analysis of net assets between funds

Notes
Fund balances at 31 December 2024
represented by:
Fixed Assets
Current Assets:
Debtors
7
Bank
8
Current Liabilities
9		 Unrestricted
Designated Restricted
Endowment
Total
Funds
Fund
Funds
Funds
Funds
2024
£
£
£
£
£
266,592
220,000
687
313,606
800,885
7,143
7,143
(70,597)
50,706
114,200
94,309
(9,917)
(9,917)
193,221
270,706
114,887
313,606
892,420

15 Related party transactions

The church is one of 7 legal members of Churches Together in Central Peterborough, a separate charity.

The church received rental income from St John the Baptist (Peterborough) Development C.I.C. in respect of events held in the church.

There are directors and members common to both organisations.

The George Wyman bequest to the curate fund. The church wardens are the trustees with interest received being paid to the church. During the year £557 (£2023: £550) was received. This is used to assist the clergy in their duties within the Parish.

Page 23 of 23