REGISTERED CHARITY NUMBER: 1128447
REPORT OF THE TRUSTEES AND
UNAUDITED FINANCIAL STATEMEKfs FOR THE YEAR ENDED 31ST DECEMBER 2024
FOR
THE PAROCHIAL CHURCH COUNCIL OF THE
ECCLESIASTICAL PARISH OF ST. MARYS
BLETCHLEY
Partèrs
Cornelius House
178-180 Church Road
Hove
East Sussex
BN3 2DJ

THE PAROCHIAL CHURCH COUNCIL OF THE
ECCLESIASTICAL PARISH OF ST. MARYS
BLEfcHLEY
CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST DECEMBER 2024
Page
Report of thè Trustee8
Independgnt Examln•rfs Report
statsment of Flnanclal Actfvltlos
an￿ Sheet
Nole$ to the Flnan¢lal Statements
g trj 17
D•tsiled SL*em•nt of Financial Actlvltios
18

THE PAROCHIAL CHURCH COUNCIL OF THE
ECCLESIASTICAL PARISH OF ST. MARYS
BLEfcHLEY
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31ST DECEMBER 2024
Th8 trustees present their wport with the financial stat8ments of the charity for tha year ended
31st December 2024. The trusle&s have adopted the provrsions of Aco)unting and Reporting by Charit￿.
Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the
Financiai Reporting Standard applicable in the UK and Republic of Ir8land (FRS 102) (effective 1 January
2019).
OBJECTIVES AND ACTivmES
Objactives and aims
Under the Parochial Church Council (Powers) Measure 1956 (as amended). the principal function of the PCC
Is 'cowralion with the minister in promling In the parish the whole mlsslon of the Church, pastorydl,
evar0el1￿1G, s&Sal and ec#Jmenical'.
Tho PCC ensures:
- provL%ion of regular public worship, induding personal prayer and ¢onternplalion. open to all.
- teathing of Christianty through semions, courses and small groLVS;
- prowsion of a ￿de range of chlldren's and youth aclivllies across all age ranges.,
- workvig in partnership ￿th k>cal schoc4s:
- delNery of aciNities ￿lch promote the misslon of the church ￿rosS all age rangas.
incknthng those ministries Cor￿eMe￿ with local gxial action..
- worf(ing in partnerslip other charibos, organisations and Individuals who are engag￿ in mlssion and
delbvering relief and devebpment OV8rseas arKI in the UK.
- provision of pastoral care Indudirg the viSit￿g of the 5ic*. the ekjgrfy aThJ the bweaved..
- provisir)n of servlcas for weddlngs and fijnerafs.
Throughout the year, the IrE￿Ie8S have paid due regard lo the Charities Commisslon's guidance on publi
benefit when exerGising any powers or duties to which the guidance is relevant and, in particular, the specffic
guKlance provided to Gharitr8s for ad￿Cement of relighjn.
Along with a team of paid staff. the church continues to rety on the voluntsry work of a large number of people
{in excess of 100) and it very much appredate$ their seNice to the church and Ihe lo¢al community.
Because of the dwerse nature of the volunteering In both numbers. time and types of activity, it is not feasible
to attribute a ffnanclal value to volunteer supporL
Page 1

THE PAROCHIAL CHURCH COUNCIL OF THE
ECCLESIASTICAL PARISH OF ST. MARYS
BLEfcHLEY
REPORT OF THE TRUSTEE8
FOR THE YEAR ENDED 31ST DECEMBER 2024
ACHIEVEMENT AND PERFORMANCE
Charitable activitigs
r Vision and Mission. agreed in 2020, is to resource Churth, Communty and Clty V￿th a￿3￿10vS fahh,
generosity, humility, unity ar*J tènaiity.
We have planted and remtalised three Ilmes in the last 10 years. All three congrggatiorts aro grthvlru. LM)th
numerically and SF4rituaNy and we are now be￿nnIng to see a replenlshment in tem15 of pecole and ffnances
here at Sl. Marfs.
As a Church we aim to be disciples Ihal make disaples. we commit to being bible based and spirit led, we
hold prayer as being key in God's Kingdom and we seek to deepty love and serve one another. The Refresh
Day In eady sumw was. for many In th8 church. a time of dgep spiritual engagement and r8freshm8nt.
We have ¢(￿tinUed lo provide regular public worship. mid-week and also Sundays, with Ihe latter available
online. A numerical highlight Was Ihe Remembrance Day servi￿. whith attracted over tsvo thousand rwple
around the war memorial. many of whom joined us for refreshments in the thurch afteFwards.
The Pastty* Team has an ever increasing workload and as vAth many other ministries 18 noliang a
reduction in Ihe availability of volunteers. We wish lo thank them, our Safeguarding Officer, and everyon8 who
cares and supports others in our church famity.
The ministry to Y￿ng people has continued to grow undor Ihe gUIdan￿ of Ihe Children's and Youth Worker.
togèther wth the ongoing o)mmitrnenl from the many volunteers, for which we are very grateful. Dream
Factory, Messy Church and Toddler Group are all thriving with increasing numbe￿ attending.
Through tho work of the Communrty Outreach Pastor we have also o)nUnued to deliver assemblies and
arrange visits with many of the Ioc81 sthools, which have enhanced our links with famill8s in our community-
We a￿ also very grateful to the Strategic Devebpment FuThJ of th8 Churdi of England for the conttftuing
grant of funds lo assi$l the work 81 St Marys Community Cenlre. Through the activities run al the ¢ommunity
centre, we have supported each other and our neighbours throughout tho year. for example,. through the
weekty distribLrtion of Surplus and donaled food, the organising of Christmas presents for 100 local families.
The weekly Community Café has been rewlaunched at a different time and is now a tlvrving activity with many
fruitlul conversations taknng place whilst sharing coffee and ¢ak8.
StafflNJ
We acknowledga the huge blessing from God in th& wovlsion of every mèmber ol stsff, both lay and cthgy,
without whom the wilness of the church. %thethei in acts of worship or leading gmups in the communty. would
not be possible. Wa are hugely grateful for each one of you and your indNidual Contrib￿lon to St Marfs
I￿ghout 2024.
Page 2

THE PAROCHIAL CHURCH COUNCIL OF THE
ECCLESIASTICAL PARISH OF ST. MARYS
BLETCHLEY
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31ST DECEMBER 2024
FINANCIAL REVIEW
Financlal posltlon
Ir￿)rne in 2024 of £438k amounts to a £55k inc*ease over the prior yeaes figure of £383k or 14%. Whlle
r8gular giving was almost exactly the same as the prior year, we We￿ blessed a substantial legacy and
this, together wlth generous on& off gifts. accounts for the increase in income. The Strategic DeveIopff￿t
Fund grant income continues to tsper down over the agreed 5 year pericml.
Expendtture of £438k is a substan￿al £107k increase over the prfor yearfs figure of £331k. This was due In
broadty equal measure to increased Parish Share, maintenance of our buildings, enhancgment of our staff
team, and general infiation {whi¢h peaked at IO¢A). Our staff team d8velopment has enabled us to expand
our communty and children's work.
The net position forthe year was essentialty Ixpakeven and our total reserves are unchanged from last y8¥.
The last quinqu8nnial review of the churth building highlighted slgnrficant slonework and other maintenance
requirements. A program of work has be￿ agreed with stone masons and this is now und&rway. Our sound
and vision systems are in the process of being upgraded lo enhance the experience wsthin the church 8rKI our
online streaming of services. enabling those unabl8 to attend in person lo remain part of the church famity.
We have a dedicated team looknng for grant opportunities for the required building works, and they have had
some notable successes. but the majority of the cx)sl wll fall on our shoulders.
The church finances have ahvays been carefully manajed with a vr8W to goc*l Slewardshl). At tim88 we have
stepped out In faith and God has been faithfvl. Our current ￿SitIOn ts sound, bul the incr8ase(J cost base and
upcoming capiial oxpenditure requirements wll make 2025 a challenging y8ar. We continue to rgly totally on
the gen8rous gmng of our church famity who, we hope and pray. Injsl that their giving is used wisely.
R￿1ve$ pollcy
Following review. the r•serv8s poll¢y remairts:.
To hold r￿t realisable unr8Stricted and undeslgnated reserves (net current assèts) equivalent to
monlhs. spending. éxcluding spending ¥vhich is funded from designated and restricted funds.
To maintsin realisabl& unrestricted and undesignated reserves at the policy level ty setting an amual
budget that achreves the poky and by monitoring the budget throughout the year, taking any action as
appropriate.
ReseNes for this purpose include 8c(xJmulated unr85tricted income, but exclude awjmulaled restricted
income, designated income and income that could onty be realised by selling assets hekl for the L￿8 of th8
pcc.
The reserve5 hehj u￿18r this policy meet Current oFeralional needs. ensure capacty to manage unforeseen
financial difficulties which may arise from signrficant unexpected spending or drop in inwme, arKI prowde a
clear financial ffamework for the PCC a￿1 its sub committees to SUFWI dedsion making, indudk)9 b￿l98t
and strategic planning.
Fl￿uRE PLANS
W8 are very aware of con5iderab16 slon8work repairs required to the Church building, as highlvJhted by the
latest Quinquennial Report, for whith we are seeking grant-funding lo come alongsKle our own fvan￿5.
We continue to wait upon God for His further direction on all thing9. so often in the past we have seen His
plans to be so much better than our ownl
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The Parochial Church Counal (PCC) is a corFX)rale govemance b)dy established by the Church of Engla￿1.
formed under the PaKKhial Church Council (Powers) Measure 1956 las amended}, which defines its
fiJn￿K)nS and powers. and as a charity is registered with the Charli￿S Commission.
Page 3

THE PAROCHIAL CHURCH COUNCIL OF THE
ECCLESIASTICAL PARISH OF ST. MARYS
BLETCHLEY
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31ST DECEMBER 2024
STRUCTIJRE. GOVERNANCE AND MANAGEMEKr
Recruitment and appolntment of new trustees
ointrnent crf PCC members is govemed by and set out in the Church RepYesentstioTr Rules {C￿l81n8d in
Schedule 3 to the Synodic21 Government measu￿ 1969 as amended). Th8 dergy team, ele¢ted
churchwardens and others members by wrtue of their office 15ee abova). Deanery Synod represgntstives
are elected by the Annual Parochial c￿rCh ￿tIng (APCM) and hold office for three years. Other PCC
members are elected annu81ty at the APCM.
As n8cessary each person who becomes a member of the PCC is given infomwtion their
re8ponsibiliOes and duties as a ch8rtty trustee to onable them to cary out their mle effectively.
Or9anl3atlonal struclurn
The PCC responsibilities incI￿le all parish ffnance, its man￿ement and contrel. including th9 appolntmenl of
a Treasurer. As trustees. members of the PCC are responsible for keeping accounting records which disclose
th reasonable acturacy and enable them to asc8rtain the ffnanc481 position of the PCC. The ffinancial
statements have been prepared in accordance with the accounting policaes set OLrt in notes to the accounts
and comply with the Church Accounting Regulations 2006 goveming the individual accounts of the PCCS. th&
Charities Act 2011 and Accounting and Reporting by Charitigs.. Statement of Recommended Practice
applicable to charities preparlng their aCcO￿ts in accordarKe with the Flnancial Reporting Slandard for
Smaller Entib'es published on 16 July 2014.
The PCC is responsible for safeguarding its assets and henc8 for taking reasonabb steps for the prevention
and detection of fraud and other irregUla￿treS. Due to the 18vel of income of the charfty the PCC is r6Nuired to
have the financial statements sublected lo an Independent Examination ww)r lo publicaoon.
Gov8manc• and Managgment
The PCC meets at least 6 times par year. In order to ensure our Govemance is as effective and effictent as
possible, the following sub-groups of the PCC have met and operated throughout tho year.
Ministries
Mission and Outreach
Organisation and Managaménl.
There is also a Mission Partnership Group. Ihat reports into the Mlssion and Outreach Grwp, which manages
and oversees all grants and donations made to partner organisationg engaged in delivering mission overseas
and in the UK (including locally} in line criteria agreed by the PCC. Through its budget the PCC airrts lo
give away in grants and donations at least of all general gwing income.
Rlsk management
The PCC recognises the need for appropriate policies and Fwocedures lo manage ri8k (includlng Heath &
Safety), across all ar8as of activty for which it K8 responsible. including ts buildings and I￿lIllieS. 8$ wetl as a
wide range of activibes aThJ events.
Page 4

THE PAROCHIAL CHURCH COUNCIL OF THE
ECCLESIASTICAL PARISH OF ST. MARYS
BLETCHLEY
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31ST DECEMBER 2024
REFERENCE AND ADMINISTRAllVE DETAILS
The Parochial Church Coun￿1 of the Ecclesiastical Parish of Sl Mar￿$ Bletchley is a chartty regisler8d u￿ler
the Charities Act. Th& Trustees, member5 of the PCC, who have seN8d since the commencement of tl
financlal year ￿til the approval of the financial statements (uniess Othemse stat8dl, were as follows".-
Mlnlstry Staff T8am
The Revd David M¢Dougall
The Revd Ban Thorpe
The Revd Peter Landry
The Revd Rachel Clamk￿l
Ex-officio
Ex-officto
Ex-officio (Resigned 31st Juty 2024)
Ex-officgo {Rèsigned 31st Deceftts 2024)
Church Wardens
Mary Nicholls
Ollver Herynes
Dè*wy Synod Represenlallv•8
(electsd for 3 years)
Pam Lambert
Penelope Powers
Jess Hampson
Stephen Vvalker
R8signed 2nd September 2024
Ekciad 20th May 2024
Di0¢gsan Synod R•pr98entatlve
Stephen Walker
Resigned 31st Juty 2024
Other PCC mèmbers
Chris Day {Chair of FinarKe)
Sophie Fletcher
Ann Rolfe (Treasurer)
Clarg Reeves
Judi Cumberfand
Max Johnslone
lan Bland
Andrew Barton
Chrislianah Hayter
lan Andtrson
Approved by order of the board of trustees on 28th April 2025 and signed on its behalf by".
RevereTrJ D meD￿all- Trustsg
Page 5

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF
THE PAROCHIAL CHURCH COUNCIL OF THE
ECCLESIASTICAL PARISH OF ST. MARYS
BLETCHLEY
lTrdepend¢nt examinerfs report to thg trust￿$ of The Parochlal Church Council ¢X Tho E¢¢leslastlcal
Parish Of St. MarYs Bletchley
I report lo lh8 tharity trustees on my examinalion of the ac¢AJunls of The Parochial Churth Council Of The
Ecclesiaslicaj Parish Of St. Mary's Bletchley (the Trust> forthe year ended 31st December 2024.
Re$ponslbllltiès and basls of report
As the charity trustees of the Trust you a￿ responslble the preparation of the accounts In accordance wtlh
the requirements of th8 Charitias Act 2011 {'the ACV).
I rer¥)rt in resped of my 8xamination of th8 Trusvs accounts ¢ani8d out under Section 145 of the Act and In
caryrng out my examination I have fthlowed all applicable Directions given by the Chaiity Commission under
Section 14515Mbl ofthe Act.
Independent examinorfs sLitèment
Since your chartty's gross incom8 exceeded £250,000 your examlner must be a member of a listed bcily. I
can confirm that l arn qualffied to undertake the examination because l am a member of the Institut8 of
Chartered Accountants irn Wand arKI Wales, which is one ofthe listed bodies.
I have compk8ted my examination. I COn￿mI that no material matters have come to my attenlion in com￿t￿)rn
with the examination giving me cause lo bel'eve that in any matsrial reS￿￿¢t..
accounting records were not kept in respect of thè Trust as required by Sectron 130 of the Ad" or
the accounts do not a￿Ord wth those records.. or
the accounts do not comply with the applicable requirements conceming the fomi and cL)ntènt of
a¢x))unls set out in the Charities (Accounts and Reports) RegUla￿On8 2008 other than any requiremgnt
that the ae¢ounts give a true and fair view ¥thlch is not a matter considered as part of an independent
examinatlon.
I have no concems have c))me across Th) other matters in connecllon hmth the examlnation to whKh
attention shc4Jld bo dTaNw) In this report in order to gnabl8 a prop8r underntanding of thb actwnts to bg
reached.
Annette Watson PhD Bsc FCA
Parkers
Comelius House
178-180 Church Road
Hove
East Sussex
BN3 20J
Pag8 6

THE PAROCHIAL CHURCH COUNCIL OF THE
ECCLESIASTICAL PARISH OF ST. MARWS
BLEfcHLEY
STATEhlENT OF FINANCIAL ACTMTIES
FOR THE YEAR ENDED 31ST DECEMBER 2024
2024
Total
funds
2023
Total
nds
Unreslricted
funds
Restrictgd
funds
Notes
INCOME AND ENDOWMENTS FROM
Donations and leg¥ies
314282
52,630
366.912
308.362
Charitable xtlvltles
General
20.902
38.613
59,515
63,727
Other trading &liwties
Investment income
8,879
2.427
8.879
2A27
10,183
431
Total
346.490
91,243
437.733
382.703
EXPENDITURE ON
Charitable actlvities
General
340,162
98,326
438,488
330,971
NEf INCOMEI(EXPENDITURE)
6,328
(7.0831
(7551
51,732
RECONCIUATION OF FUNDS
Totsl fijnds brought fomard
373,202
208.IM3
581,245
529,513
TOTAL FUND8 CARRIED FORWARD
379,530
200,960
580.490
581,245
The notes foThn part of these financial statements
Page 7

THE PAROCHIAL CHURCH COUNCIL OF THE
ECCLESIASTICAL PARISH OF ST. MARrs
BLETCHLEY
BALANCE SHEET
31ST DECEMBER 2024
2024
Total
funds
2023
Totsl
fvnds
Unreslrict8d
fvnds
Restricted
funds
Notes
FIXED ASSETS
Tangible assets
139,226
168,792
308.018
297,738
CURRENT A8SETS
Debtors
Cash at bank aThJ In ha
21,603
238.374
21,603
270.541
15.428
280,796
32.167
259,977
32,167
292,144
296,224
CREDrroRS
Amwnts fairing due within one ygar
(19,672)
119.672)
{12.717)
NET CURRENT ASSETS
240,305
32.167
272,472
283,507
TOTAL ASSETS LESS CURRENT
LIABILITIES
379,531
200,959
580,490
581,245
NEf ASSETS
379.531
200,959
580,490
581,245
FUNDS
Urlrestricted funds
Restricted funds
379,531
200,959
373.202
208.043
TOTAL FUNDS
580,490
581.245
The financial slalemenls were apFYOVgd by the Board of Trustees and authoTised for issue on 28th April 2025
and were signed ￿ its behatfby:
D McDougall - Tru5tse
The notes forn part of these financaal ststemenls
Page 8

THE PAROCHIAL CHURCH COUNCIL OF THE
ECCLESJASTICAL PARISH OF ST. MARYS
BLETCHLEY
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 ST DECEMBER 2024
ACCOUNTING POUCIES
Basls of prgparlng tho flnanclal statemènts
The Parochial Church Counal IPCCI is a corporate govemance establtshed by the Church of
England, forrned under the Parc¢hial Churd) Council (Powers) Measure 1956.
The PCC meets Ihg definit￿ of a Public Benefit Entity under FRS 102.
Flnancial reporting standard 102- rèduced dlsc108ure exempllons
The charity has tsken advantage of the following dlsdosure exemption in preparfng these financial
stalemenls, as p8m)itted by FRS 102 'The Financlal Reporbng Standard applicable In the UK and
Republlc of Ireland,:
the requlrements of Section 7 Ststement of Cash Flows.
Funds
Restrlcted Funds:
Restricted funds are those funds that can onty be spent on restricted ptwwses and detsils of the fu￿lS
held and restrictions provided a￿ shown in the notes to Ihe airAJunts.
Unre81rtcled Funds:
Unrestricted funds repr8senl the remaining ir￿0m8 lunds of the PCC Ihat ara available for S￿rKling on
the general purposes of the PCC. induding amounts designated by the PCC for fixed assets for its
own use or for spending on a fLrture projecL arKI which are ther8fc*e not included in its Yree reserves"
as disclosed in tho Trustees. Rèport.
Rocoynill(￿ of Income:
This is re￿gniSed in the Statement of Financial Aciivilres (SOFA) when:
al the PCC becomes legally entitled to the ben8fit of Ihe use of the resources;
bl th8 monetary value can be measured reliably,. and
c} r￿lpt is probable, wth suffiaent ￿rtaInty of receipt (receipt is more11(ely than not).
Incom8 with Rolatgd EX￿ndIture.
Where in￿ming resources have related expendllure las with fundraising income or certain events) the
Incoming re$ources and related expgnditure are reported gross in the SOFA.
Grants. Legacies and Donatlons:
Donations. grants and ￿gaCleS i￿lUde all Income receiv6d by the charity that i& in substance, 8 grlt
made to it Dn a voluntary basis and are accounted for as scon as the PCC is notrfied of its legal
entitlement, the amount duo is quantifiable, its uftlmale receipt by the PCC is reasonaljy certain. and
when any Pre￿onditIOnS preventing its use by the PCC have been met. For dC￿allOn$, o)Ilections and
regular givlng, these are accounted ts vthen the fijnds ar6 received.
Tax Reclaims on Donations and Gifts:
Gift and other tsx redaims are induded in the SOFA at the same time as the donat#)ns to whlch
Ihey tykte.
Glfts In Klnd:
Gifts in Kind ar8 ac￿)Unted for at a reasonable estimate of thoir valu& at the time of the gift to the PCC.
if feaslble. or else 8t the amount actually reafised from th8ir disposal.
Grfts in Kind for sale to fund the PCC are induded in the accounts at the estimated market value at the
dale of the grft, rffeasible. or else recognised when sold by the PCC.
Page 9
Contin￿d...

THE PAROCHIAL CHURCH COUNCIL OF THE
ECCLESIASTICAL PARISH OF ST. MARYS
BLETCHLEY
NOTES TO THE FINANCIAL STATEMENTS- contlnued
FOR THE YEAR ENDED 31ST DECEMBER 2024
ACCOUNTING POLICIES - continued
Funds
Gifts in Kind for use by the PCC are included in the SOFA as incomiro resources when receNable. and
expensed as and when consumed in use. Gifts ol fixed assets, rf matertal, are induded in the balance
sheet at their current value {i.e. th& lower of replacement cost and recoverable *nountl 8nd expensed
over the asset's useful economic Irf6. Other donated gLKxls are measured at their fair v8lu8, unless
Ihis is impractical to measure reliably.
Donatsd Services and Fa¢ilitle8:
These are onty included in incoming resources land at the same time in resources expended) at the
esllmated value to tho PCC of the servlce of facility re¢8iV8d, orthe amount actualy reallsed.
Volunteer Help: The value of voluntary help re¢eived Is not Inctuded In the accounts but Is referred to In
the Trustee5' Annual Report.
Rèntal Income:
Rentsl income from letting of the church, or buildlNJ$ owned by the PCC. is rgcogThs8d when tho rental
is due.
Invesljmnt In¢om•:
This is included in the accounts when receivable.
Investm•nt Gains and Lossos:
This includes any gain or loss on the sale of investrnents aThJ gain or bss resu￿ng from maliHng
investsnents to market value al the end of the year.
Expendlturo
Liablllty Recognition:
'abilities are recognised as soon as the legal or c£fflstructive obligath)n arises.
Actlvlll•s dlrecty relatlng to the work of the Church:
The Dioe8san parish share is accounted ft)r when due. Any agr88d parish share unpaid at 31st
Dec8mber is provrded for in thes8 financial stslemenls as an operational {th)ugh not a legal) fiabNity
and is shown as a creditor in the balan￿ sheet.
Othèr Expendlture:
Includes the cosl of governance arrangements whth relate to the general running of the PCC as
OPF(ssed to the dire¢t management functions inherent in generating funds and the work of th8 parish.
Includes of the preparation and examination or audit of statutory accounts. U)e costs of trustee
meetings and costs of any legal or other profession81 a(fvI￿ to trustees on govemance or
constitutional matters. Included within this category are any eK>sts associatsd with the stralegic as
opposed to day to day management of the PCC'S activitie5.
Tanglble flxed assets
Tangible Fixed Assets fr)r use by the PCC.. Expgnditure on indNidual assets costing £1.(KK) and over
and which can be used for mre than one year. has been capilalised and depTeci8ted in tho financial
statements ov8r their currenlly antscipaled useful economic life on a straigh14ine basis. Assets are
valued at cost or at reasonable value on receipt and an assessment is made al each reporting d8te as
to whether further write down in value is required. Al expenditure incurred during the year on indiwdual
assets costing less than £1,000 is written off in the year the expenditure occurred. The land and
buildings at cost brought forward includes the Church Hall in Church Green Road, Bletchley al a cost
of £4,500 which represents the PCC'S best estimate of original Cost when the building was constructed
in 1963. Subsequent improvements ara induded at cost. St Marfs Community Centre in Warwick
Road, Bletchley which was acquired in August 2003 for £250,(XIO is also inciuded at cost.
P4e10
continued...

THE PAROCHIAL CHURCH COUNCIL OF THE
ECCLESIASTICAL PARISH OF ST. MARYS
BLETCHLEY
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE YEAR ENDED 31ST DECEMBER 2024
AccoupifiNG POLICIES - con¢lnued
Tangiblo Ilx•d assets
Consecratgd Land. Bulldlngs. and Movable Church Fumishings:
Consecrated and beneficed property of any kind is exduded fr(m the ftnan¢lal stalemerrts by
S.10121(a) and {cl of the Charities Act 2011.
Movabl8 church fumishings held by the Rector and Chur¢h Wardens on special trust for the PCC and
which requir& a faculty for disposal are accounted for as inalienable propety unless ￿nSecrated.
They are Ilst8d in the Church's inventory, whith can be inspected at any reasonable Ime.
For
inalienable prop8rty al¥u￿red prior to 1st January 2003 there Is insufficient cost ￿fO￿atrOn avaikble
and therefore such assets are not valued in the financial statements. Expenditurg since 1st January
2002 and costing £l,1)00 and over, has been capitallsed and depreclated in the fina￿81 slatements
over the ctsrrently antldpaled useful eeonomlc lrfe on a strarght-line basis.
l expendltur& 1ncjj￿ed in the year on ￿nsecrated of beneficed buildings, indivldual Items under
£1,OC(i or on th8 rapair or replacement of movable church fumishings acquired before 1st January
2003 is written off.
Bulldirhgs, Other Flxtures, Flttlngs. Equipm•nt and Vohicles:
Expenditure on buildings owned by the PCC 15 deprecaated on a S￿ght4lne basis over SO years.
Expenditure of £1,000 and over on fixtsJres, frtdngs and equlpment wthin the church and other PCC
premises and on motor vehldes is depreciated on 8 straight-line basis over 4 y8ars. In view of tr*ir
antiapated useful eethomic lrfe the Howe 4014 chairs purchased in 2010 are being depreoated on
straighl-line basis over 20 years.
Taxatlon
The charity is exempt from tax on its charitable 8clivilies.
Fund accounting
Unrestricted funds can be used Sn ac￿rdanCe wlth the charitabl8 objectives al the discrellon ol the
Iruslees.
Restricted fvnds can only be used for Par￿CUlar restricted purposes within the objects of the charty.
Restrictions arise speofied by the donor or hthen furKls are raised for parti¢wlar restricted
purposes.
Further explanation of the natur8 and purpose of each fund is included in the not95 10 ts financlal
ststemenls.
Golng concem
The accounts have been prepar8d on a going ￿nCern basi8. The Trustees believe that this is an
appropriate basis of preparation. There are rKS malerial uncertainties aljout the Pccb abilty to
continue as a going o)ncem.
Baslc flnanclal Instruments
A financlal instrument is a contract that gives rise lo a fina￿la1 asset of one entlty and a finawal
liability or equity instrument of another entity. All the PCC'S financial InstNments are wthln the
definition of basrc financpal instruments per section 11 of FRS 102.
Debtorn
Trade and other debtors are reccgnised at the sottlement amount due after any tradg di8￿Unt offered.
Prepayments 8re valued at the amount prepaid net ofany trade dlseounts due.
Credltors and provlslons
Page 11
corrtinued...

ThE PAROCHIAL CHURCH COUNCIL OF THE
ECCLesiASTICAL PARISH OF ST. MARYS
BLETCHLEY
NOTES TO THE FINANCIAL STATEMENTS- contlnu•d
FOR THE YEAR ENDED 31ST DECEMBER 2024
ACCOUNTING POLICIES - continued
Creditors and provisi)ns for fvture liabilities are ret￿g￿lS&￿ when Ihe ch8rfty has a legal or constructive
financial C￿ligatI)n, that can be reliably gstimated, and for which there is an expectation that payment
will b8 made.
Penslons
The pension c4)sts cthwged in the ffnancial statements represent the contrfbubons payab18 by the
Gharfty lo the defined Ixintributhjn schemes during the ygar.
Inv88tmonts
Investments are valued al market value at the year 8fKI.
Sh(Kt4omi deposlts
InrIL￿0 cash hekl on d8PO%t at the bank.
OTHER TRADING ACTivrriES
2024
2023
Income from buiklings arKJ fijnd raislng
8,879
10,183
INVESThIENT INCOME
2024
2023
Interest ￿ceivab￿- tradiThJ
2,427
431
TRUSTEES. REMUNERAnoN AND BENEFITS
Ther& were no trustses. remunerab'on or other beneffts for the year onded 31st December 2024 nor for
Ihe year ended 3151 December 2023.
Trust￿3, expense¥
There We￿ no trustees. 8xpensas pard for the year ended 31st December 2024 nc* for the year
ended 31st December 2023.
STAFF COSTS
average monlhly number of 8mploye•s during ￿ year was as k4lows:
2024
10
Church activitEs
2023
10
No employees received emoluments kn eX￿sS of£80,000.
Page 12
continued...

THE PAROCHIAL CHURCH COUNCIL OF THE
ECCLESIAsncAL PARISH OF ST. MARYS
BLETCHLEY
NOTES TO THE FINANCIAL STATEMENTS - ¢ontlnued
FOR THE YEAR ENDED 31ST DECEMBER 2024
TANGIBLE FIXED ASSErs
Flxtures
and
fittlngs
Freehold
propety
Plant and
machinery
Totals
C¢)ST
Al 1 st January 2024
Additions
398.624
&700
179.293
25,995
583,617
25,995
At 31st 08￿M￿r 2024
398,624
5,700
205.288
609,612
DEPRECIATION
Al 1st January 2024
Charge for year
117869
5,972
5,700
162.710
9,743
285.879
15.715
At 31st December 2024
123,441
5,700
172.453
301,594
NEf BOOK VALUE
At 31st December 2024
275.183
32,835
308,018
At 31st Decemb8r 2023
281,155
16,583
297,738
DE8TORS.' AMOUNTS FALUNG DUE W￿H1N ONE YEAR
2024
2023
Trade debtors
Other debto
2,226
19,377
1,223
14,205
21,603
15.428
CREDrroRS: AMouKfs FALUNG DUE wrrHIN ONE YEAR
2024
2023
Trade creditors
Other c¥8dltors
4,710
8.007
8.020
19.672
12,717
Page 13
conlinued...

THE PAROCHIAL CHURCH COUNCIL OF THE
ECCLESIASTICAL PARISH OF ST. MARYS
BLETCHLEY
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE YEAR ENDED 31ST DECEMBER 2024
MOVEMENT IN FUNDS
Net
movement
in funds
At
31112124
At 111124
Unrostrlctad funds
General fund
Designated fund.. bulldings fabrrc fund
315,007
58.195
1,266
5.063
316.273
63,258
Reslrlctsd funds
Build￿n9￿.. church hall & communlty
¢8ntre
Church hall
Howe chal
Communty Suppjrt
Bell tower maintenance
Buildings- St Marls flag standards
Other projects
St Jos8ph's Chur¢h
Rectors
Community (hJtroa¢h Projects
Camera fund
Sounddesk
373,202
6,329
379.531
155.458
4.500
11.754
4,711
4,941
13.398)
152,060
4.500
9,802
5.818
5,156
52
2A02
13.475
1,051
3N03
810
2N30
(1.952
1,107
215
2.402
<9,119)
1.051
(130)
310
2N30
22,594
3,533
500
208,043
17,0841
200,959
TOTAL FUNDS
581,245
1755)
580,490
P￿0 14
conlinued...

THE PAROCHIAL CHURCH COUNCIL OF THE
ECCLESIASTICAL PARISH OF ST. MARYS
BLETCHLEY
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE YEAR ENDED 31ST DECEMBER 2024
MOVEMENT IN FUNDS - contlnugd
Net movement in fvrKls. induded kn the above are as follows..
Incoming
resources
Resources M)vement
expended
In funds
Unrestrktad funds
Genèral fvnd
Designatsd knd.. buildings fabric fund
333.373
13,117
1332.107)
(8.054)
1266
5,063
Reslrlcted funds
Buildings.. church hal & communty
C9ntr8
H(Y•V8 thairs
Communtty Support
Bell lower maintenance
Other projects
Sl ￿Seph'S Ch(Kch
Recte¢s
Community Outreach Projo¢ts
Camera fiJTh
Sounddesk
346,490
{340,161
6,329
(3A98)
(1.951 }
(11,417)
{3J98
(1.952)
1,107
215
2.402
{9.119}
1,051
(130)
310
2A30
(1)
12,524
215
41.931
28.728
4.099
197
310
(39,529}
(37,847)
{3,048)
{327}
{810)
91243
(98,327)
(7,084)
TOTAL FUNDS
437,733
1438,488
(755)
Paje 15
continu8d...

THE PAROCHIAL CHURCH COUNCIL OF THE
ECCLESIASTICAL PARISH OF ST. MARYS
BLETCHLEY
NOTES TO THE FINANCIAL sTATEl￿NTs- contlnued
FOR THE YEAR ENDED 31ST DECEMBER 2024
MOVEMElff IN FUNDS - Gontlnuod
Comparatlves lor movthnent kn funds
Net
movamenl
in funds
At 111123
31112123
Unrestrfctsd funds
General lund
Designated fund: bulldings fabrlc fund
254,771
54,830
60,236
3,365
315,007
58,195
Restrlcted funds
Buildings: churth hall & community
Church hall
Howg chalrs
Community Support
Bell lower maintenance
Buildings - St Mary's lag standards
St Joseph's Churth
Community Outreach Projects
Camera fund
309,601
63,601
373,202
158,856
4,500
13.705
7,642
4,788
52
25.648
4,221
500
{3,3981
155,458
11.951)
{2.931)
153
11,754
4,711
4,941
52
22.594
3.533
500
(3,0541
1688)
219,912
111,869)
208.043
TOTAL FUNDS
529,513
51,732
581.245
Comparative net movem8nl in funds. indudgd in the above are as follows:
Incoming
resources
Resources
expended
Movem8nt
in funds
Unrestrictod funds
General fund
Designated fund: t￿￿dIng$ fabric fund
290.897
11.390
{230.661 }
18.0251
60.236
3,365
Re5trictsd funds
Buildings: church hall & COMM￿lty
302,287
(238.686)
63.601
How6 chairs
Community Support
B911 lower maintenance
Bulldings- St Marfs flag Standards
Other projects
St Joseph¥ Church
Rector5
Comrnjnty Outreach Projects
(3,3981
(1,9511
(8,301)
(3,398)
{1,9511
{2,9311
153
5,370
153
1,769
47,295
25,340
(1,7691
147,295)
128.394)
(4881
16891
(3.054)
16881
80,416
{92.285}
(11.8691
TOTAL FUNDS
382.703
(330,971)
51,732
Page 16
c1)ntinued...

THE PAROCHIAL CHURCH COUNCIL OF THE
ECCLESIASTICAL PARISH OF ST. MARYS
BLETCHLEY
NOTES TO THE FINANCIAL STATEMENTS- contlnu
FOR THE YEAR ENDED 31ST DECEMBER 2024
10. RELATED PARTY DISCLOSURES
There were no relat￿1 paty Iransactiorts for th8 year ended 31st D8cembeT 2024.
11. PURPOSE AND RESTRICTIONS OF FUNDS HELD
During the year the PCC held the following fvnds..
R•stricled funds
Fund namo
Purpose and restrictlons
Building.. Church Hall &
Communty centre
Finance Ihe acqulsition of Communty centre. subsequent buildiNJ
Church Hall
w(wks and Churth Hall remodelling
Howe thalrs
Donations towards original conslructth ot Church Hall
Church Community Centre
Donalions towards purchase of Howe 4014 chairs
Bell tow&r maintenance
Donations towards Church Community Centre prciecls
St Mary's llag standards
Donations to cover expenditure on the bell tower
Tree seat
DOnat￿S lo covei futur8 expenditure
St Joseph's Churth
Donalwjns for tree seat in churthyard
Rectors fund
Donatrons to contribute to the njnning of the Church.
Donations to b8 used as Ihe Rector sees fit
Communty Outreach Projects DonalSons towards the Community Outreach Fffcgramme
Camera
Donations towards camera eqLtipmenl
Grant irKome from the Slralegic Development Fund to anabie
SMB as a Resourdng Church
Donations towards new patio doors
ODBF
Patpo doors
Unrestricted funds
Fund name
P(ffpos• and restrictlons
Buildlng fabric
Building repairs and maintenance
Page 17

THE PAROCHIAL CHURCH COUNCIL OF THE
ECCLESIASTICAL PARISH OF ST. MARYS
BLETCHLEY
DETAILED STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31ST DECEMBER 2024
2023
INCOME AND ENDOWMENTS
Donatl¢)n$ andlggacles
Donations
Gift aid
LegaGies
272.930
59,464
34,518
254,989
53.373
366,912
308.362
Other tradlng actlvltle$
Income from buildings and fund raising
8,879
10.183
Invostment In¢omo
Interest ￿CeIva￿e- trading
2,427
431
Charltable activitle$
Grants
59,515
63.727
Total incornlng resources
437,733
382,703
EXPENDrruRE
Charltable actlvtties
Wages
Sundries
Depreciati¢￿ of tangible fixed assels
167,434
248,859
15.715
133.017
183,2TI
10,942
432,008
327,236
Support costs
Govemane• costs
Acwuntancy and legal fees
6,480
3.735
Totsl resources expended
438,488
330,971
N•t (expendituroifincom•
{755
51.732
Thls page does not fDrm part ofthe statutory financ4al statements
Page 18