| Page | |
|---|---|
| ReportoftheTrustees | 3to10 |
| lndependentExaminer's Report | 11 |
| StatementofFinancialActivities | 12 |
| BalanceSheet | 13 |
| Notes totheFinancialStabments | 14to19 |
| Detailed StatementofFinancialActivities | 24lo21 |
members andtrusteesoftheCharity (unle |
ss indicated otherwise); |
|---|---|
| Rector: | Revd. Stephen\MlliamBoyd |
| AssistantClergy: | Revd.JenniferBowen (Honorary Curate) |
| Revd. RobertVt/itliams(Honorary Curate) | |
| Churchwardens: | Stephanie EllisonandPat Goodman |
| Sidespeople: | Kathy Begley, Elizabeth Bull, Barbara Cain,AlastairCaird,AndrewDawes, |
| JoanneHolmes, Elsie Logue, DotMarsden,Barbara MooreCarolynParker, | |
| MattParkins,PatRice, Sue Sullivan, DianeThomas,GaryTully,Paula Tully, | |
| Anne Willdridge | |
| We alsothankMaureen StewartandKeith Ricewhohave retiredafterlong | |
| service. | |
| Readers | KathyYates(PCC representative) |
| DeanerySynodRepresentatives: | GemmaBowdery |
| Lyndsay Dowdeswell | |
| Barbara Moore | |
| JanMorgan | |
| Kevin Mulcahy | |
| Elected MembersofPCC | KathyBegley |
| Barbara Cain | |
| Helen Cain | |
| Rosemary Critchley | |
| AndrewDawes | |
| Reginald Goodman (PCC Secretary) | |
| DaveHale | |
| Lisa Hamblin (from May 2024) | |
| Richard Jones | |
| AdamPrice | |
| Kerry Stewart | |
| DianeThomas(Health & Safety Officer) | |
| CherylWebster | |
| David\Mlldridge(from May2424) | |
| JaneWheeler(until February2424) | |
| BrianYates(PCCViceChair) | |
| TheElectoral Roll Officeris | CherylWebster |
| Unrestricted fund Notesetftt |
Unrestricted fund Notesetftt |
31.12.2431.12.23 RestrictedEndowmentTotalfundsTotalfunds funds fund |
31.12.2431.12.23 RestrictedEndowmentTotalfundsTotalfunds funds fund |
31.12.2431.12.23 RestrictedEndowmentTotalfundsTotalfunds funds fund |
31.12.2431.12.23 RestrictedEndowmentTotalfundsTotalfunds funds fund |
|
|---|---|---|---|---|---|---|
| INCOMEANDENDOWMENTS | ||||||
| FROM Donationsandlegaeies |
109,385 | 61,094 |
- | 170,479 | 155,243 | |
| Charitableactivities Other income |
19,861 | - | 19,861 | 16,950 | ||
| Otherincome lnvestmenlincome |
2 3 |
- 9,764 |
259 | rc,oz; | 10,87; | |
| Total | 139,010 | 61,353 |
200,363 | 183,069 | ||
| EXPENDITURE ON | ||||||
| Raising funds | ||||||
| Charitableactivities | ||||||
| Otherexpenditure | ||||||
| Total | 5,046 | 51,696 | - | 56,742 | 51,708 | |
| Net gains/(losses)on investments |
1,569 | 564 | 2,133 | 5,550 | ||
| NET INCOME | 5,046 | 53,265 | 564 | 58,875 | 57,258 | |
| RECONCILIATION OFFUNDS | ||||||
| Total fundsbroughtforward | 250,081 | 108,458 | 24,657 | 383,196 | 325,938 | |
| TOTALFUNDSCARRIED FORWARD |
255,127 | 161,723 | 25,22',t | 442,071 | 383,196 |
| 31.12.24 | 31.12.23 | |||||
|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Endowment | Totalfunds | Totalfunds | ||
| Notes | fund t |
funds s |
fund t- |
L | f | |
| FIXEDASSETS | ||||||
| Tangibleassets | 7 | 128,000 | 128,000 | 128,000 | ||
| lnvestments | 8 | 120,000 | 32,297 | 25,22; | 177,518 | 175,385 |
| 248,000 | 32,297 | 25,221 | 305,5't8 | 303,385 | ||
| CURRENTASSETS | ||||||
| Debtors | 8,825 | 8,825 | 8,802 | |||
| Cashatbankand inhand | 33,933 | 129,426 | 163,359 | 91,471 | ||
| 42,758 | 129,426 | 172.184 | 100,273 | |||
| CREDITORS | ||||||
| Amountsfallingduewithinone | ||||||
| year | 10 | (35,631) | (35,631) | (2O,462) | ||
| NET CURRENTASSETS | 7,127 | 129,426 | 136,553 | 79,811 | ||
| TOTAL ASSETSLESS | ||||||
| CURRENT LIABILITIES | 255,127 | 161,723 | 25,221 | 442.071 | 383,196 | |
| NETASSETS | _255127 | 161,723 | 25,221 | 442.071 | _qqg,1e9 | |
| FUNDS | 11 | |||||
| Unrestrictedfunds | 255,127 | 250,081 | ||||
| Restrictedfunds | 161,723 | 108,458 | ||||
| Endowment funds | 25,221 | 24,657 | ||||
| TOTALFUNDS | 442,071 | _9EJ_9q |
Depreciationis provided at thefoll |
owingannual rates in ord |
|---|---|
| Freehold Property | - notprovided |
| Churchfurnishingsetc | - 25% on cost |
| Officeequipment | -33% oncost |
| OTHERINCOME | ||
|---|---|---|
| 31.12.24 | 31.12.23 | |
| lnsurance claims | ||
| INVESTMENT INCOME | ||
| Rents received Dividends Deposit accountinterest |
31.12.24 tt9,078 686 259 |
31.12.23 9,940 675 261 |
| 10,023 | 10,876 |
| COMPARATIVESFOR THESTATEMENT O | F FINANCIAL ACTIVI | TIES | TIES | |
|---|---|---|---|---|
| Unrestricted fund tttt |
Restricted Endowment funds fund |
Totalfunds | ||
| INGOMEANDENDOVYMENTS | ||||
| FROM Donationsandlegacies |
86,310 | 68,933 | 155,243 | |
| Charitableactivities | ||||
| Other income | 16,950 | 16,950 | ||
| Other trading activities lnvestmentincome |
10,724 | 152 |
10,876 | |
| Total | ,",-, | 69.085 | 183,069 | |
| EXPENDITURE ON | ||||
| Raisingfunds | ||||
| Charitableactivities | ||||
| Total | (11,555) | 63,263 |
- | 51,708 |
| Netgains/(losses) oninvestnents | - | 3,430 | 2J2A | 5,550 |
| COMPARATIVESFOR THESTATEMENT | OF FINANCIAL ACTIVITIES-continu | OF FINANCIAL ACTIVITIES-continu | ed | |
|---|---|---|---|---|
| UnrestrictedRestricted fund funds |
Endowment fund |
Totalfunds | ||
| fttf | ||||
| NET INCOME | (11,555) | 66,693 | 2j2A | 57,258 |
| RECONCILIATION OFFUNDS | ||||
| Totalfundsbrought forward | 261,636 | 41,765 | 22,537 | 325,938 |
| TOTALFUNDSCARRIED FORWARD | :90,qql | 1qul9 | __4,657 | _993J_9q |
| TANGIBLEFIXEDASSETS | ||||
| Freehold | Church | Office | ||
| property t |
furnishingsetc e |
equipment €. |
Totals f |
|
| COST | ||||
| Al1 January2024 | 128,000 | 8,331 | 4,615 | 140,946 |
| Additions | ||||
| At31December2024 | 128,000 | 8,331 | 4,615 | 144,946 |
| DEPRECIATION | ||||
| Al1January2O24 | 8,331 | 4,615 | 12,946 | |
| Charge foryear | ||||
| At31December2O24 | 8,331 | 4,615 | 12,946 | |
| NETBOOK VALUE | ||||
| At31December2A24 | -1?q,0q9 | l.?gp99 | ||
| At31December2023 | 128,000 | gE,0q9 | ||
| FIXEDASSETINVESTMENTS | ||||
| lnvestmentst | ||||
| MARKET VALUE | ||||
| Al1January2024 | 175,385 | |||
| Saleofinvestments | ||||
| Revaluations | 2,133 | |||
| At31 December1}}4 | 177,518 | |||
| NETBOOK VALUE | ||||
| At31December2A24 | Jlt$9 | |||
| At31December2A23 | 175,385 |
| 9. | DEBTORS: AMOUNTS FALLINGDUEWTHINONEYEAR | |||
|---|---|---|---|---|
| 31.12.24 f |
31.12.23 s |
|||
| Other debtors | __q,825 | __q,89? | ||
| 10. | CREDITORS: AMOUNTS FALLINGDUEWTHINONEYEAR | |||
| 31.12.24 | 31.12.23 | |||
| t | t | |||
| Tradecreditors | 29,802 | 13,602 | ||
| Taxation and social security | ||||
| Other creditors | 5.829 | 6.860 | ||
| 35.631 | _n,462 | |||
| 11. | MOVEMENTINFUNDS | |||
| Net movement | ||||
| N1.1.24 | infunds | 31.12.24 | ||
| t | t | t | ||
| Unrestrictedfunds | ||||
| Generalfund | 250,081 | 5,046 | 255,127 | |
| Restrictedfunds | ||||
| Organ restorationand maintenance | il,770 | 831 | 55,601 | |
| CBF Fabric restricted | 52,U8 | 51,865 | 144,713 | |
| Choir | ,u1 | (21_) | 221_ | |
| Women'sfellowship | ||||
| OpentheBook | ||||
| Pastoral Care Team | 573 | 590 | 1,163 | |
| Hymn Books | 25 | 25 | ||
| 108,458 | 53,265 | 161,723 | ||
| Endowment funds | ||||
| Endowment fund | 24,657 | 564 | 25,221 | |
| TOTALFUNDS | 383,196 | __ag,8z! | 442,071 |
| FOR THEYEAR MOVEMENT !N FUNDS-continued Net movementinfunds,includedinlhe above |
ENDED 31DECE are as follows: |
MBER 2024 | ||
|---|---|---|---|---|
| tncoming | Resources | Gains and | Movementin | |
| resources t |
expended t |
losses f |
funds t |
|
| Unrestrictedfunds | ||||
| Generalfund | 139,010 | (133,964) | 5,046 | |
| Restrictedfunds | ||||
| Organ restorationandmaintenance | 186 | (s24) | 1,569 | 831 |
| CBF Fabric restricted | 60,251 | (8,386) | 51,865 | |
| Choir | (21_) | (21_) | ||
| Women's fellowship | ||||
| OpentheBook | ||||
| Pastoral Care Team | 91; | (326) | 590 | |
| 61,353 | (9,657) | 1,569 | 53,265 | |
| Endowmentfunds | ||||
| Endowment fund | 564 | 564 | ||
| TOTALFUNDS | 200,363 | (143,621) | _aEg | 58,875 |
| Comparatives for movement infunds | ||||
| Net movement | ||||
| At1.1"23 L |
infunds e |
4131.12.23 f |
||
| UnrestrictedFunds | ||||
| General fund | 261,636 | (11,555) | 250,081 | |
| Restricted Funds | ||||
| Organrestorationandmaintenance | 32,055 | 22,715 | 54,770 | |
| CBFFabric restricted Choir |
8,677t1 | 44,171 (u:) |
52,848 ,01 |
|
| Women'sfellowship | ||||
| OpentheBook | ||||
| Pastoral Care Team | 686 | (113) | 573 | |
| Hymn Books | 25 | 25 | ||
| 41,765 | 66,693 | 108,458 | ||
| Endowmentfunds | ||||
| Endowment fund | 22,537 | 2J2A | 24,657 | |
| TOTALFUNDS | _32!p3! | _57,258 | 383,196 |
| Comparativenet movementinfunds,includ | edintheabove are a | sfollows: | ||
|---|---|---|---|---|
| lncoming | Resources | Gains and | Movementin | |
| resources f |
expended I |
losses t |
funds f |
|
| Unrestricted funds | ||||
| General fund | 113,984 | (125,539) | (11,555) | |
| Restricted funds | ||||
| Organ restorationandmaintenance | 20,309 | (,424) | 3,430 | 22,715 |
| CBF Fabric restricted | 48,776 | (4,605) | 44,171 | |
| Choir | (8:) | (80) | ||
| Women'sfellowship | ||||
| OpentheBook | ||||
| Pastoral CareTeam | (113) | (113) | ||
| 59,085 | (5,822) | 3,430 | 66,693 | |
| Endowment funds | ||||
| Endowment fund | 2j20 | 2j20 | ||
| TOTALFUNDS | 't83,069 | 0!1,391) | 5,550 | 57,258 |
| 31.12.24 f |
31.12.23 s |
|
|---|---|---|
| INCOMEANDENDOWMENTS | ||
| Donations and legacies | ||
| Gifts | 157,505 | 141,648 |
| Gift aid | 12,974 | 13,595 |
| StJamesContribution | ||
| 170,479 | 155,243 | |
| Other income | ||
| lnsuranceclaims | ||
| lnvestment income | ||
| Rents received | 9,078 | 9,940 |
| Dividends | 686 | 675 |
| Depositaccountinterest | 259 | 261 |
| 10,023 | 10,876 | |
| Charitableactivities | ||
| Fees | 19,861 | '16,950 |
| Total incoming resources | 200,363 | 183,069 |
| EXPENDITURE | ||
| Raising donationsandlegacies | ||
| Giving envelopes | ||
| Plantandmachinery | ||
| Fixtures andfittings | ||
| Othertradingactivities | ||
| Hire of plantandmachinery | ||
| Charitableactivities | ||
| Wages | 1,374 | 1,268 |
| Rent, rates andwater | 3,910 | 3,643 |
| lnsurance | 5,731 | 5,770 |
| Lightandheat | 11,557 | 6,755 |
| Telephone | 1,032 | 800 |
| Postage andstationery | 283 | 2,247 |
| Sundries | 13,677 | 7,685 |
| Weddingand funeral expenses | 12,564 | 10,156 |
| Diocesan share | 92,391 | 92,003 |
| 142,519 | 130,287 | |
| Supporteosb | ||
| Finance | ||
| Bank charges | 414 | 424 |
| lnformationtechnology | ||
| Repairs and renewals | 688 | 650 |
| Total resources expended | 143,621 | 131,361 |
| Net(expenditure)/income | ||
| before gainsandlosses | 56,742 | 51,708 |
| FOR THEYEARENDED31 DECEMBE | R 2024 | |
|---|---|---|
| 31j224 tg |
31.12-23 | |
| Realisedrecognised gains and losses Realisedgains/(losses)on fixed assetinvestments |
2,133 | 5,550 |
| Netincome | __sAqZ! | *57258 |