## **Trustees Annual Report and Financial**
## **Report**
## **of**
**The Parochial Church Council of the Ecclesiastical Parish of**
## **St Matthew and St James Church**
**Mossley Hill Church, Rose Lane, Liverpool, L18 8DB**
Registered Charity no. 1128486 Parish no. 653
**For the year ended 31st December 2024**
## **CONTENTS**
**Page 3 Trustees annual report 11 Statement of financial activities 12 Balance sheet 13-18 Notes to the accounts 19 Report of the independent examiner**
Website: www.mossleyhillchurch.org.uk Incumbent:[The Revd Rachel Archer ] The Vicarage, Rose Lane, Liverpool, L18 8DB Independent examiner:[Helen Head ] Bankers: Barclays Bank, Leicester LE87 2BB
## **Mossley Hill Church Trustees Annual Re ort for 2024 p**
## **Our aims and purposes as a charity**
The PCC has the responsibility of co-operating with the incumbent, the Revd Rachel Archer, in the promotion of the gospel of the Lord Jesus Christ according to the doctrines and practices of the Church of England as set out in the PCC (Powers) Measure of 1956.
_**Vision:**_ living our best life with Jesus
_**Mission:**_ inspiring and serving our community by sharing faith and working for justice
## **What we planned to do to achieve our charitable objectives**
When planning our activities for the year, our incumbent and the PCC have considered the Charity Commission’s guidance on public benefit and, particularly, the specific guidance on ‘charities for the advancement of religion’. The council has complied with the duty under section 5 of the Safeguarding and Clergy Discipline Measure 2016, fully recognising its duty to have due regard to House of Bishops' guidance on safeguarding children and vulnerable adults.
The PCC, through prayer and consultation with our church family, discerned 6 missional priorities to shape our mission and ministry for 2024.
These were:
- **Students: To engage and support the students living at Greenbank halls of residence**
- **Schools: To build on existing links with two school situated in the parish**
- **Residents: To engage more closely with our residents, both within the parish and beyond, to deliver our mission**
- **Youth: To recruit and appoint a youth and school’s worker**
- **Discipleship: To promote discipleship by widening a sense of belonging, participation and learning for all.**
- **Pastoral: To implement the actions detailed in the PCC pastoral paper namely the setting up of a home communion team and recruiting a pastoral co-ordinator**
## **What we achieved and how we affected beneficiaries’ lives**
## _**Students**_
The focus of this group was to secure funding for a part-time Student Pastor to progress the outcomes from the survey that the Discernment team undertook in November 2023, which clearly showed a desire to connect with a local church and for home cooked meals. Funding was secured from the Liverpool Missing Generation’s project for a 7.5hr a week post commencing in September 2024. The team recruited to this post and Iris was employed from September until December when she handed in her resignation due to her main job and this one being incompatible. We filled this position in the Spring of 2025.
_“I have reconnected with my faith within the last year and have joined Mossley Hill Church and go to their services weekly, joined the student bibleship study group which I have found it thought provoking and useful in expanding my faith. I have since started a lent bible reading challenge again which I am enjoying working my way through.”_ **Edward Phillips**
Student ministry and our relationship with Greenbank has been an interesting one; we have been blessed by 4 students joining our 11am service most weeks and opportunities for partnering with Greenbank Hall of residence have opened and closed in equal measure! Several board game evenings were held in the Autumn term in our coffee bar which 3 of the students attended and felt they were safe spaces in which to talk about things
that mattered to them.
Looking ahead to 2025 we are planning to host a free home-cooked meal for the students of Greenbank and welcome our new Student Chaplain into the role.
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ANNUAL FINANCIAL REPORT
## _**Schools**_
Mossley Hill church _“It has been wonderful for Greenbank to re-establish links with Mossley Hill Church_ has over the years had _again this academic year. We are incredibly grateful to both Fiona and Rachel for their_ good links with Greenbank _support and commitment to the staff, pupils and families at Greenbank. As well as_ Primary School _supporting our R.E curriculum which has included year one pupils enjoying a visit to_ through things like the _the church and Rachel leading a remembrance assembly, we have also benefitted from_ Rector being the chair _Fiona helping to re-establish collective worship in EYFS and KS1 which has helped to_ of Governors and _establish a calm and reflective be learning time which has focused on pupil well-being_ volunteers helping to run a _and enjoyed by all children regardless of their religion or culture. We hope to continue_ Messy Families _to strengthen the links to enhance our R.E curriculum and pupil well-being.”_ church. These links were broken due in part to **Kenreela Rowlands, Assistant Headteacher** Covid and also with the
change in Rector. Rachel had forged new links building relationships with the RE lead at the school, providing occasional assemblies and hosting one class in visiting church as part of the curriculum. Following a planning meeting between school leadership and Church Fiona was invited in to work with Key Stage 2 assemblies and then later in the year with EYFS and KS1 assemblies. Good relationships were built over the summer of 2024, however as Fiona was away for much of Autumn Term the links were not sustained. Rachel was invited to deliver a Remembrance Service in November 2024. Fiona and Jessica have made links with Lucinda the chaplain at Liverpool college, being invited to be involved in some worship at Christmas in church. The school continues to book the church for larger acts of worship and we will continue to offer support to the school where we can.
## _**Residents**_
This was initially set up as the Residents Missional group, consisting of Rev Sally Mason, Carla Lewtas, Gill Wareing, Alison Thompson, and Christine Leung as a Garden consultant. The aim was to provide a strategy for engaging more closely with residents (both within our Parish & beyond) to deliver our Mission Statement.
It was decided to focus on the following areas:
1. Supporting the Residents Association through Rev Sally as Vice-Chair and Gill Wareing/Rev Rach as committee members in their community activities (e.g. yearly community carol service, Mossley Hill Festival and other social events for the community) this being achieved quite quickly and is ongoing.
2.Drawing up plans for an accessible memorial garden and secure the funding in particular the including of Christine Leung with her skill base helped to launch this ongoing initiative.
3.Developing relationships with community providers: The Rose, Sudley House, Athletics Club, Councillors. Much of this has been building on those relationships with the community providers. Through Rev Sally there is now a more formal link with Sudley Stakeholders
4.Work towards the church being open to residents
5.Oversee Heritage and Open Days so they are community events
6.Organise the yearly litter pick day
_“Mossley Hill Church continues to be a cornerstone of our community, working hand in hand with local partners to make a real difference in people’s lives. Through its collaboration with elected representatives like myself, residents’ associations, and its employment of a youth worker, the church has become more than just a place of worship—it is a hub of support, kindness, and shared purpose. This commitment to partnership ensures that the church is not only present in the heart of Mossley Hill but actively shaping its future for the better.”_
In December 2024 oversight of the group transferred from Rev Sally to Rev Rachel. David Bishop joined the group and took on the responsibility of being chairperson. The title of the group was changed to Community Engagement as we wanted to widen the scope from being resident based and to engage with broader social justice issues. Since then, we have been liaising with the Church 150th anniversary committee & MH
festival 2025. Discussions have been held with the Church gardening team and Christine Leung with reference to a new design for the memorial garden. The yearly litter pick day has been arranged for July 2025. It was decided to not have a Church open day in 2025 because of the 150th church anniversary celebrations. We are planning to explore: 1 Social justice initiatives which the church can engage with.
2. Opportunities for greater partnership work with local enterprises (incl. Sudley House, Rose Lane/Allerton in Bloom
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ANNUAL FINANCIAL REPORT
## _**Youth**_
_“It’s a nice thing to be part of a community in_ began _church and to be able to come and make friends with_ for _people who go to the school I’ll be_ the _going to in_ look _September.”_ they _Willow Littler_ would
The group secured funding from the Liverpool Next Generation project being administered by St James in the City to fund the school’s work element of this post, 50%. Jessica was appointed and work at the end of August.
for
Between September and December, we continued to meet monthly youth group and these youth group gatherings were spent doing intentional icebreaker activities and team games to promote friendships to strengthen within group while we were discerning what to do with the group and what the new pattern should like. A small core group formed quite quickly that became comfortable sharing about what wanted for youth group, and they made requests like which day we meet and how often they’d like to meet- they also requested a
WhatsApp group chat so that they could be in touch with each other outside of church. In this time we also made contact with the older youth group members who hadn’t been to the groups in a while and they started to feedback that they’d like a group for people their age (year 8 and above) so we made this decision in December to create two separate groups, and then open the younger youth group to year 6 to become a space that nurtures the young people as they transition to high school.
their
to
We had our Christmas party which year 6 were invited to and planned an outing for the older youth to go bowling to kick start their group ahead of the new year.
## _**Discipleship**_
## **The group began with the following aims:**
- To help everyone feel welcome through a wide range of initiatives
- To develop a sense of belonging and commitment
- To encourage learning and fellowship beyond Sunday services
- To develop discipleship journeys for all ages
The membership of the group included Maggie Swinson, Pat Kennick, Lynn Halliday and Sue Bishop with Rev Sally Mason as our clergy lead. During 2024 the team met regularly and achieved the following:
## **WELCOME**
Put in place and delivered a training session for all church stewards which included how they could assist with welcoming newcomers. We also updated and printed all the church information flyers. A highlight was setting up a welcome table the back of church so that all the church information about services, children’s groups, church groups etc could be readily available plus a box for newcomers to put their completed contact details to enable us to get in touch with them through church office. We gave out about 50 welcome bags through a given by the Deanery Mission and Growth Fund.
at
the grant
## **COMMUNION BEFORE CONFIRMATION**
A course for any of our church children who wished to take communion before confirmation was delivered on 28th September and there is a date in the diary for this to be repeated in September 2025.
## **SHORT COURSES/STUDY GROUPS**
The team agreed a plan for delivering short courses twice a year and a suitable 6-week course was identified. Encouragement to the congregation to join a course began at the end of 2024 with the 1st course delivered in January 2025. There were 4 options for delivery of the courses which included online, morning and evening dates plus Sunday lunchtimes aimed at students. A feedback form was agreed to be sent out to all attendees at the end of the course to enable review of future methods of course delivery
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ANNUAL FINANCIAL REPORT
## **For 2025**
The group will be continuing to look at and develop all areas of their remit through 2025 including
- Ways to hold “Nice to Meet You events”
- More short courses and study groups
- Confirmation courses
## _**Pastoral**_
We
_"I feel that the communion visits are a continuation of church and contact with people I know. I feel part of the church and the community and it's a way of catching up. Thank you for the gifts of each season which I appreciate. I feel I am not left out" Dorothy and Ken Bush_
began by recruiting a team of volunteers to deliver monthly home communion to church members no longer able to come to our Sunday morning services. This team is led by
Joan Felgate, a PCC member, and supported by 16 other members who have been safely recruited and trained. The team have been taking communion out to people from September, and in December the clergy accompanied members and consecrated communion in their homes. This is a very special ministry and has been a blessing to all involved.
The other task of this group has been to recruit a pastoral co-ordinator and to secure funding. The group were successful in obtaining a 3 year grant from Liverpool church of England scripture readers' society of £4000 per year. The advertising and shortlisting for the post took place in 2025 and we look forward to welcoming the successful candidate in July 2025.
## _**Safeguarding Committee**_
Throughout 2024, the Safeguarding Team continued to underpin all areas of church life, ensuring that safeguarding standards were maintained and strengthened across the parish. Regular reviews of safeguarding concerns were carried out, and all cases raised during the year were appropriately addressed and closed with no ongoing issues. Key safeguarding policies were updated and adopted during 2024, with a more detailed and comprehensive review planned for 2025 to further strengthen safeguarding across all areas of church life. Safer recruitment processes were strengthened through the creation of standardised role descriptions, recruitment packs, and a training matrix to ensure clear compliance across all church activities.
In late 2024, a new committee chair was appointed, bringing 35 years’ combined experience across safeguarding leadership, safer recruitment, education, and compliance. This has strengthened the team’s strategic approach and enhanced safeguarding practice across the parish. Significant infrastructure developments were also initiated, including the introduction of a safeguarding mobile phone, a dedicated safeguarding email address, and the transition to a secure Google Workspace platform to enhance confidentiality and data management. Public safeguarding communications were refreshed across the site, and risk assessment procedures were further expanded and embedded. Building on this foundation, substantial further work is already underway to develop integrated safeguarding systems, improve training compliance, and enhance the monitoring of safer recruitment processes. We are grateful to all those involved for their commitment to safeguarding, and to the wider congregation for their continued support, as we work together to ensure Mossley Hill Church remains a safe and welcoming place for all.
## **Financial Review**
## _**Incoming and outgoing resources**_
Total receipts on general unrestricted funds received were £199,697 and are detailed in the Financial Report. The planned giving though envelopes, banker’s orders, and use of the Parish Giving Scheme increased by 15.8%. Our total voluntary income including tax recovered, but excluding legacies, increased by 17.2%. The PCC was grateful to receive a legacy of £21,087 from the estate of Mrs J Rathbone.
Income from lettings of the church rooms, church and tower aerial, £60,243, was slightly less than the previous year (£62,978).
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ANNUAL FINANCIAL REPORT
## _**Sharing the ministry costs of the Diocese of Liverpool**_
The largest expenditure of the PCC was the sum of £99,713 paid to the diocese for our share of all churches’ Parish Ministry Costs. This year the contribution from Mossley Hill Church was the same as the previous year and the church is meeting 100% of the costs allocated to this church. The total relates directly to the housing, support, stipend and pension costs of the clergy of this parish, training of new ordinands, a contribution to national church funds and, shared costs of the Christian family throughout the whole diocese, including assistance towards the upkeep of churches less able to manage than ourselves.
## _**Fundraising Committee**_
Recognising the need to diversify our income streams, the PCC commissioned a new subsidiary committee, named the fundraising committee, to advise and then implement an income strategy for the year ahead. The committee consists of representatives from the clergy team, the Finance committee and members of the congregation from all three Sunday services. In 2024 the committee has implemented two short term actions identified within the Income strategy 2025 document:
- Improving accessibility for donations during community Christmas services with specific announcements and utilising a second electronic donation portal;
- Compiling a list of 19 potential external grant bodies that are good fit to our needs.
We aim to deliver three medium term topics in 2025:
- Fundraising by applying to external grants;
- Legacy giving initiatives starting from supporting the preparations for Generosity May;
- Plan larger fundraising events
Our efforts will be to improve on an estimated £39k deficit in our 2025 Budget from an increase in operational costs, as well as funds required for upcoming Capital projects led by the Fabric Committee.
## _**Staff costs**_
The PCC pays for two vergers who assist at funerals and weddings, a senior administrator, a hirings and lettings administrator, a school and youth worker, a student chaplain and an organist. Further details are provided in the notes to the accounts.
## _**Trustee payments and expenses**_
The PCC also supported the clergy by paying Council Tax of £4,001, water and environmental charges amounting to £1,070 for the Vicarage plus other annual costs towards travel, hospitality, telephone, postage and broadband amounting to £1,515.
Mrs Carla Lewtas, who is also a trustee, received £287 for her duties as one of our vergers. Reverend Sally Mason, as a trustee, received fees of £905 for weddings and funerals, and refund of expenses amounting to £140 in respect of travel, postage and stationery. There were no payments to persons related to or connected to, the trustees.
## _**Office costs**_
Office costs of £18,419 are included in the accounts.
## _**Repairs to the fabric of the church building**_
In early 2024, Mossley Hill Church received its latest Quinquennial Inspection Report—a key five-yearly assessment of the condition of the church building and its grounds. This comprehensive review identified a number of urgent and longer-term maintenance needs. We are pleased to report that all urgent actions highlighted in the report have already been addressed. Work is now ongoing to scope and plan for the more extensive repairs and improvements required over the longer term, ensuring the church is preserved and maintained appropriately for future generations.
Alongside this, the Fabric Committee has continued to manage all routine servicing, health and safety, and statutory testing and inspections required to ensure the safe and efficient operation of the building.
This year, a full review of the church’s fire and emergency systems was undertaken, reflecting the fact that the building’s current and future uses are evolving beyond its original design. The review has resulted in a programme of planned improvements, to be delivered over the coming year, to ensure continued safety and compliance.
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ANNUAL FINANCIAL REPORT
In response to rising energy costs and environmental concerns, a review of the church’s energy use and efficiency has also been carried out. Early-stage proposals are now being explored to improve energy performance and reduce ongoing operational costs for heating and lighting.
Plans are also being prepared for improvements to the main entrance and car park areas. These include enhanced signage, layout changes to improve car parking and traffic flow, and better level access to make the building more welcoming and accessible for all.
## _**Other charitable giving**_
During the year £2,696 was raised and paid out for mission and charitable giving and a further amount of £7,727 has been set aside in the accounts to be paid out during 2025. Full details are included in the accounts, note 9.
## **Why we hold some money in reserve**
The policy of the PCC is to work towards maintaining a basic level of reserves through responsible financial control and seeking to increase incoming resources.
## **Management of risks and their mitigation**
During 2024 the church’s Risk Management Policy and Procedures were reviewed and updated, and adopted by the PCC on 7 September 2024. The Policy and Procedures will be reviewed and updated every 3 years, with the risks reviewed annually. Risks have been categorized as follows:
_**Operational**_
_**Financial Compliance Environmental Governance**_
Risks are assessed in terms of their probability and impact, and mitigating actions identified. A ‘Red, Amber’ Green’ indicator
is attached to risks to identify their severity, and to chart progress on their mitigation. The following risks have been identified requiring additional action to further mitigate:
## _**1. Governance:**_
1.1 Lack of direction and strategy – Missional Priority Groups established
## _**2. Operational**_
2.1 Income generation to fund the church’s work, staffing and building
costs – Fundraising group established.
- 2.2 Safeguarding disclosures - Safeguarding Committee recruited.
2.3 Health and Safety issues with premises and equipment – Fabric Committee recruited.
2.4 High risk activities (e.g. working at height) – Fabric Committee recruited to review
2.5 Lack of volunteers – role descriptions and active recruitment
2.6 Risk of fire damage – fire risk assessment being updated
2.7 Theft of equipment - check inventory of equipment is up to date.
2.8 Breach of copyright – review use of images and media while livestreaming
## _**3. Financial**_
3.1 Cash flow – create a reserves policy
## _**4. Public:**_
4.1 Act of violence / Terrorist Attack – potential impact of Martyn’s Law (to be reviewed in 2025)
## **Future uncertainties**
In the forthcoming years generational repair work will be required to the church tower. Investigations and quotes are currently being sourced so as to understand the full extent of work required and a costing for this. With this in mind £217,642 of funds have been designated for future tower works.
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ANNUAL FINANCIAL REPORT
## **Structure, governance and management of the charity**
The Parochial Church Council (PCC) is registered with the Charity Commission as required by the Charities Act 2011. Its governing document is the Parochial Church Councils (Powers) Measure 1956. The PCC became a registered charity (1128486) from 11[th] March 2009.
## _**Ex Officio members**_
Incumbent: The Revd Rachel Archer Associate Minister: The Revd Sally Mason Wardens: Yvonne Billington Michael Swinson Deanery Synod Lynn Halliday David Bishop Michael Swinson Maggie Swinson Diocesan Rep David Bishop Michael Swinson _**Elected Members**_ Brian Ellison Alison Thompson Stuart Thomson Nicola Fox Sue Bishop Keri Owen Carla Lewtas Angie Kenny (resigned 2.10.24) Robert Bird Rhian Wyn-Williams Lisa Hughes Alison Franklin Gill Wareing Joan Felgate
Churchwardens
Membership of the PCC is determined under the Church Representation Rules and consists of certain ex-officio members (the incumbent/priest-in-charge, curate, lay readers licensed to officiate in the church), the churchwardens and members of the Deanery, Diocesan or General Synods and 15 members of the church who are elected at the Annual Parochial Church Meeting (APCM). Members are warmly encouraged to stand for election to the PCC and we try to ensure a balance of skills and experience where possible.
## **The following PCC officers were elected:**
PCC Lay chair Robert Bird PCC Treasurer Keri Owen PCC Secretary Rhian Wyn-Williams with Lynn Halliday acting as minute taker Electoral Roll Alison Thompson Standing Committee Alison Thompson (elected lay representative), Yvonne Billington and Michael Swinson (Churchwardens), Robert Bird (lay chair), Keri Owen (Treasurer) and Rev Rachel Archer (Rector)
This Trustees’ Annual Report was **approved** by the PCC and signed on their behalf by The Revd. Rachel Archer, Incumbent.
Date: 13[th] May 2025
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ANNUAL FINANCIAL REPORT
**The Parochial Church Council of the Ecclesiastical Parish of**
## **Annual Financial Report**
## **of**
## **St Matthew and St James Church**
## **Mossley Hill Church, Rose Lane, Liverpool, L18 8DB**
Registered Charity no. 1128486 Parish no. 653
## **For the year ended 31st December 2025**
## **CONTENTS**
## **Page**
**11 Statement of financial activities 12 Balance sheet 13-18 Notes to the accounts Report of the independent 19 examiner**
10 | Page
ANNUAL FINANCIAL REPORT
|**STATEMENT OF FINANCIAL ACTIVITIES**
**FOR THE YEAR ENDED 31ST DECEMBER 2024**
**Note**
**INCOMING RESOURCES**
Incoming resources from donors
2(a)
Other voluntary incoming resources
2(b)
Income from charitable and ancillary trading
2(c )
Other ordinary incoming resources
2(d)
Income from investments
2(e)
**TOTAL INCOMING RESOURCES**
**RESOURCES USED**
Grants
3(a)
Activities directly relating to the work of the church
3(b)
Church management and administration
3(c )
**TOTAL RESOURCES USED**
**NET INCOMING/(OUTGOING) RESOURCES**
**GAINS AND LOSSES ON INVESTMENTS**
1&5
Realised
Unrealised
**TRANSFERS BETWEEN FUNDS**
**NET MOVEMENT IN FUNDS**
**BALANCES BROUGHT FORWARD AT 1st**
**JANUARY**
**BALANCES CARRIED FORWARD AT 31st DECEMBER**
**Unrestricted Funds represented by:**
Fund reserves
1
Fixed assets
4|**Unrestricted**
**Funds**
**£**
110,789
0
81,103
0
7,805
199,697
7,727
172,521
18,419
198,667
1,030
45,819
46,849
291,216
338,065
84,796
253,269
338,065|**Designated**
**Funds**
**£**
0
0
0
0
0
0
0
0
0
0
0
0
244,758
244,758|**Restricted**
**Funds**
**£**
0
30,058
0
2,197
0
32,255
2,696
17,576
0
20,272
11,983
(45,819)
(33,836)
68,485
34,649|**Endowment**
**Funds**
**£**
0
0
0
0
411
411
100
0
0
100
311
3,161
3,472
208,260
211,732|**Total**
**2024**
**£**
110,789
30,058
81,103
2,197
8,216
232,363
10,523
190,097
18,419
219,039
13,324
0
3,161
0
16,485
812,719
829,204|**Total**
**2023**
**£**
95,666
56,446
71,090
17,163
6,578|
|---|---|---|---|---|---|---|
|||||||246,943|
|||||||11,139
192,110
15,876|
|||||||219,125|
|||||||27,818
0
12,374
0|
|||||||40,192
772,527|
|||||||812,719|
||||||||
11 | Page
ANNUAL FINANCIAL REPORT
## **BALANCE SHEET**
## **AS AT 31ST DECEMBER 2024**
|**BALANCE SHEET**
**AS AT 31ST DECEMBER 2024**|||||
|---|---|---|---|---|
|**Note**
**FIXED ASSETS**
Tangible fixed assets
4
Investments
5
**CURRENT ASSETS**
Debtors and prepayments
7
Cash at bank and in hand
**LIABILITIES:AMOUNTS FALLING DUE**
**WITHIN ONE YEAR**
**NET CURRENT ASSETS**
**FUNDS**
8
Unrestricted
Designated
Restricted
Endowment|2,796
545,183
547,979
112,151
112,151|**2024**
**£**
253,269
140,107
393,376
435,828
829,204
338,065
244,758
34,649
211,732
829,204|47,094
488,090
535,184
112,680
112,680|**2023**
**£**
253,269
136,946|
|||||390,215
422,504|
|||||812,719|
|||||291,216
244,758
68,485
208,260|
|||||812,719|
Approved by the Parochial Church Council on 13th May 2025and signed on its behalf by:
Robert Bird - Lay Chair
Keri Owen - Treasurer
The notes on pages 5 to 10 form part of these accounts
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ANNUAL FINANCIAL REPORT
## **THE PCC OF ST MATTHEW & ST JAMES, MOSSLEY HILL (Charity No 1128486)**
## **NOTES TO THE FINANCIAL STATEMENTS**
## **1. ACCOUNTING POLICIES**
The financial statements have been prepared in accordance with the Church Accounting Regulations 2016 together with applicable Accounting Standards and the Charities Statement of Recommended Practice 2015.
The financial statements have been prepared under the historical cost convention except for the valuation of investments and buildings referred to below.
## **Funds**
General funds represent the funds of the PCC which 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 also unrestricted. Restricted funds can only be applied on the purposes specified by the fund.
Endowment funds can only be applied to the extent of the income of the fund.
## **Incoming Resources**
Voluntary income and capital sources
Collections are recognised when received by or on behalf of the PCC.
Planned giving receivable under gift aid is recognised only when received.
Income tax recoverable under gift aid is recognised when the income is received.
Grants and legacies to the PCC are accounted for when the PCC is notified of its legal entitlement and the amount due.
Funds raised from fund raising and other activities are accounted for gross and any associated expenditure is included in resources used.
Other ordinary income
The financial statements include the gross income and associated expenditure of various church organisations.
## Income from investments
Dividends and interest are accounted for when receivable.
Gains and losses on investments
Realised gains and losses are recognised when investments are sold.
Unrealised gains and losses are accounted for on revaluation of the investments at the balance sheet date.
## **Resources used**
Grants
Grants and donations are accounted for when their payment is approved.
Activities directly relating to the work of the church and Church management and administration Expenditure is accounted for when payable.
## **Fixed assets**
Consecrated land and buildings and moveable church furnishings
Consecrated and beneficed property is excluded from the accounts by s10(2) of the Charities Act 2011.
No value is placed on moveable church furnishings held by the churchwardens on special trust for the PCC and which require a faculty for disposal, as the PCC considers this to be inalienable property. All expenditure incurred during the year on consecrated or beneficed buildings and moveable church furnishings is written off as expenditure in the statement of financial activities.
## Other fixtures fittings and office equipment
Purchased equipment is depreciated on a straight line basis over 3 years.
## Other buildings
The church room is included in the balance sheet at its insurance valuation as at 31[st] December 1997, the date of its first inclusion in the financial statements.
Investments
Investments are valued at market value at the balance sheet date.
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ANNUAL FINANCIAL REPORT
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2024**
|**NOTES TO THE FINANCIAL STATEMENTS**
|||||||
|---|---|---|---|---|---|---|
|**FOR THE YEAR ENDED 31ST DECEMBER 2024**
**2.INCOMING RESOURCES**
2(a) Incoming resources from donors
Planned giving
Tax efficient planned giving
Income tax recoverable
General collections
2(b) Other voluntary incoming resources
Special collections (note 9)
Legacies Fund-donations
Organ Fund-donations
Flower Fund - donations
Coffee Fund-donations
2(c) Income from charitable and ancillary trading
Rents and lettings
Fees
Deanery Mission Growth Fund
Youth and Student worker grants
Sundry income
2(d) Other ordinary incoming resources
Befriending scheme - Linking Lives
Knit & Natter - income
Christian Contact Club-income
2(e) Income from investments
Dividends and interest
Holmes Bequest Fund-income
Legacies Fund - interest
Clock Fund
Monuments Upkeep Fund
Gate Fund
Gladstone Buckley Trust Fund
Memorial Fund
Church School Trust-interest|**Unrestricted**
**Funds**
£
78,236
18,371
14,182
110,789
0
60,243
2,527
7,000
5,710
5,623
81,103
0
7,805
7,805|**Designated**
**Funds**
**£**
0
0
0
0
0|**Restricted**
**Funds**
£
0
2,696
21,087
5,210
260
805
30,058
0
1,997
200
2,197
0|**Endowment**
**Funds**
£
0
0
0
0
399
2
3
2
5
411|**Total**
**2024**
£
78,236
18,371
14,182
110,789
2,696
21,087
5,210
260
805
30,058
60,243
2,527
7,000
5,710
5,623
81,103
1,997
200
0
2,197
7,805
399
0
2
3
0
2
5
0
8,216|**Total**
**2023**
£
70,157
16,536
8,973|
|||||||95,666|
|||||||4,084
46,160
5,410
792|
|||||||56,446|
|||||||62,978
2,417
0
0
5,695|
|||||||71,090|
|||||||17,049
114
0|
|||||||17,163|
|||||||3,510
344
2,314
2
2
2
0
4
400|
|||||||6,578|
14 | Page
ANNUAL FINANCIAL REPORT
|**NOTES TO THE FINANCIAL STATEMENTS**
**FOR THE YEAR ENDED 31ST DECEMBER 2024**
**3.RESOURCES USED**
3(a) Grants
Missionary and charitable giving (note 9)
Church School Trust Fund - expenditure
3(b) Activities directly relating to the work of the church
Ministry-parish share
-clergy expenses
-clergy housing
Organ and music
Church activities
Youth and Student workers
Befriending scheme
Rates and insurance
Light and heat
Repairs, maintenance & cleaning
Provision for renewals
Supplies and services
Coffee Fund-expenditure
Knit and Natter -expenditure
Flower Fund - expenditure
Legacies Fund-expenditure
3(c) Church management and administration
Stationery and office equipment
Secretarial and administration
**4.FIXED ASSETS FOR USE BY THE PCC**
Freehold land and buildings
Church Room at insurance valuation
Office equipment at cost less depreciation|**Unrestricted**
**Funds**
£
7,727
7,727
99,713
1,515
5,071
2,204
11,162
10,582
13,660
13,230
15,062
322
172,521
4,947
13,472
18,419|**Designated**
**Funds**
**£**
0
0
0|**Restricted**
**Funds**
£
2,696
2,696
487
15,011
893
92
301
792
17,576
0|**Endowment**
**Funds**
£
100
100
0
0|**Total**
**2024**
£
10,423
100
10,523
99,713
1,515
5,071
2,691
11,162
10,582
15,011
13,660
13,230
15,062
0
322
893
92
301
792
190,097
4,947
13,472
18,419
**2024**
**£**
252,649
620
253,269|**Total**
**2023**
£
11,139
0|
|---|---|---|---|---|---|---|
|||||||11,139|
|||||||99,711
1,327
3,941
6,608
8,675
0
15,530
12,426
11,205
8,787
0
232
845
0
0
22,823|
|||||||192,110|
|||||||4,563
11,313|
|||||||15,876|
|||||||**2023**
**£**
252,649
620|
|||||||253,269|
15 | Page
ANNUAL FINANCIAL REPORT
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2024**
|**5.INVESTMENTS**
Milne Bequest
CBF Deposit Fund
CBF Fixed Interest Securities Fund 930.47
shares
CBF Investment Fund 4396.06 Income Shares
Holmes Bequest
CBF Investment Fund 503 units
Schneider Electric SE
BAE Systems 1,108 Ordinary shares
Clock Fund
CBF Deposit Fund
Monuments Upkeep Fund
CBF Deposit Fund
Gate Fund
Bank
Gladstone Buckley Trust Fund
CBF Deposit Fund
Ritchie Bequest
CBF Deposit Fund
**6.ANALYSIS OF NET ASSETS BY FUND**
Fixed Assets
Current Assets
Current Liabilities
**Fund balance**
**7.DEBTORS**
Gift Aid recoverable
Legacy balance|**Unrestricted**
**Funds**
**£**
253,269
196,946
(112,151)
338,065|**Designated**
**Funds**
**£**
244,758
244,758|**Restricted**
**Funds**
**£**
34,649
34,649|**Endowment**
**Funds**
**£**
140,107
71,625
211,732|**Market**
**Value**
**2024**
**£**
11,862
1,387
101,648
11,630
397
12,725
44
63
208
40
103
140,107
**Total**
**£**
393,376
547,978
(112,151)
829,204
**2024**
**£**
2,796
2,796|**Market**
**Value**
**2023**
**£**
11,862
1,347
99,374
11,370
231
12,304
44
63
208
40
103|
|---|---|---|---|---|---|---|
|||||||136,946|
|||||||**2023**
**£**
5,934
41,160|
|||||||47,094|
16 | Page
ANNUAL FINANCIAL REPORT
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2024**
|**NOTES TO THE FINANCIAL STATEMENTS**
**FOR THE YEAR ENDED 31ST DECEMBER 2024**|||||
|---|---|---|---|---|
|**8.FUND DETAILS**
Unrestricted Funds
General Fund reserves
General Fund fixed assets
Designated Funds - Legacy
Legacy - 10% provision for outreach
Restricted Funds
Vision Project
Organ Fund
Befriending scheme - Linking Lives
Legacies Fund
Flower Fund
Coffee Fund
Discoverers
CYFA & Youth Club
Cameo
Bookstall
Christian Contact Club
Greenbelt Fund
Church Holiday Fund
Women's Fellowship
Sewing Group
Diocese of Rift Valley Fund
Endowment Funds
Milne Bequest
Holmes Bequest Fund
Clock Fund
Monuments Upkeep Fund
Gate Fund
Gladstone Buckley Trust Fund
Memorial Fund
Ritchie Bequest Fund
Church School Trust Fund
Total Funds|**Balance**
**31.12.23**
**£**
37,947
253,269
291,216
217,642
27,116
244,758
185
7,251
12,819
42,614
176
110
419
203
152
434
96
46
666
109
1,361
1,844
68,485
112,583
31,743
1,242
357
1,094
310
143
103
60,685
208,260
812,719|**Net Surplus/**
**(Deficit)**
**for year**
**£**
1,030
1,030
0
0
4,723
(13,014)
20,295
(41)
(88)
108
11,983
2,314
1,246
2
3
2
5
(100)
3,472
16,485|**Transfers**
**£**
45,819
45,819
0
(45,819)
(45,819)
0
0|**Balance**
**31.12.24**
**£**
84,796
253,269|
|||||338,065|
|||||217,642
27,116|
|||||244,758|
|||||185
11,974
(195)
17,090
135
22
419
203
152
434
96
46
666
109
1,469
1,844|
|||||34,649|
|||||114,897
32,989
1,244
360
1,094
312
148
103
60,585|
|||||211,732|
|||||829,204|
17 | Page
ANNUAL FINANCIAL REPORT
## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2024**
## **9. MISSIONARY AND CHARITABLE GIVING**
|**OVERSEAS**
Church Mission Society
Christian Aid
Compassion UK
Isaac's House Uganda
Hope Uganda
Morocco earthquake appeal
DEC Pakistan flood appeal
DEC Middle East appeal
**HOME**
Asylum Link
Children's Society
Claire House children's hospice
Liverpool Diocese - Licensing service
Marie Curie hospice
Whitechapel Centre for homeless
Zoe's Place
Coffee morning - Natural Breaks
Coffee morning - Royal Liverpool Hospital
Funeral donations - Alzheimer's Society
2024 income - 10% to be allocated
**TOTAL**|**Special**
**Collections**
£
378
244
622
2,074
2,074
2,696|**General**
**Collections**
£
0
0
7,727
7,727|**Total**
**2024**
£
0
378
244
0
0
622
2,074
0
2,074
7,727
10,423|**Total**
**2023**
£
625
865
607
607
865|
|---|---|---|---|---|
|||||3,569|
|||||2,761
865
475
865
865
865
333
333
208|
|||||7,570|
|||||11,139|
18 | Page
ANNUAL FINANCIAL REPORT
**THE PCC OF ST MATTHEW & ST JAMES, MOSSLEY HILL (Charity No 1128486)**
## **Independent Examiner’s Report**
## **to the PCC of St Matthew & St James, Mossley Hill**
This report on the accounts of the PCC for the year ended 31[st] December 2024, which are set out on pages 3 to 10, is in respect of an examination carried out under Regulation 3(3) of the Church Accounting Regulations 2016 (“the Regulations”) and s43 of the Charities Act 2011 (“the Act”).
## **Respective responsibilities of trustees and examiner**
As members of the PCC you are responsible for the preparation of the accounts; you consider that the audit requirement of the Regulations and s144 of the Act does not apply. It is my responsibility to issue this report on those accounts in accordance with the terms of the Regulations.
## **Basis of independent examiner’s report**
My examination was carried out in accordance with General Directions given by the Charity Commission under s145(5) of the Act. That examination includes a review of the accounting records kept by the PCC and a comparison of the accounts with those records. It also includes considering any unusual items or disclosures in the accounts and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence which would be required in an audit, and consequently I do not express an audit opinion on the view given by the accounts.
## **Independent examiner’s statement**
In connection with my examination, no matter has come to my attention:
1. which gives me reasonable cause to believe that in any material respect the requirements
- (a) to keep accounting records in accordance with s130 of the Act; and
- (b) to prepare accounts which accord with the accounting records and to comply with
- the requirements of the Act and the Regulations have not been met: or.
2. to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
## Helen Head
- 22[nd] May 2025
19 | Page
ANNUAL FINANCIAL REPORT