PCC Review of the Year - 2024
The APCM was held on 22 April 2024. Judith Kelly stood down as church warden and Elisabeth Stanners was elected. Phil Abbot was re-elected. Pauline Neep, Derek Schofield and Jill Rigby finished their terms of office. Donald Walker, Nigel Case, Alan Davies, Debbie Fisher and Curtis Gatsby were elected as PCC members. Diana Smith was appointed to the Deanery Synod.
A Standing Committee was elected which included Nick Green (vicar – chair), Sue Garland (vice-chair), Jo Harbidge (Curate), Cathi Thacker (PCC secretary), Andrew Lockwood (treasurer), Elisabeth Stanners (church warden) and Phil Abbott (church warden).
The PCC met nine times throughout the year. In Nick’s absence, the PCC was ably chaired by Sue Garland.
Various topics were discussed at the meetings over the course of the year, with the major items being the ongoing hall roof repairs, the amazing and exciting developments in the community garden, strengthening our relationship with St Peter’s Holymoorside, overhauling the budget procedure, staffing changes and much, much more.
Serving on the PCC is a great way to be involved in what is going on in the church and to help make decisions regarding its future. Do prayerfully consider whether this is an area you would like to be a part of – ask a PCC member to find out more. We’d love to have you on board!
Cathi Thacker PCC Secretary
ST JOHN'S CHURCH, WALTON INCLUDING ST PETER'S HOLYMOORSIDE
CONTENTS
| Report of the Trustees Independent Examiner's Report Statement of Financial Activities Balance Sheet Notes forming part of the financial statements |
PAGE |
|---|---|
| 2 to 4 5 6 7 8 to 10 |
ST JOHN'S CHURCH, WALTON INCLUDING ST PETER'S HOLYMOORSIDE
STATEMENT OF FINANCIAL ACTIVITIES FOR THE PERIOD ENDED 31 DECEMBER 2024
| INCOME AND ENDOWMENTS Estates Income All Giving Receipts Grants and donations Fundraising and Events Operating Activities and Fees Mission Interest Tax Reclaimed Other Income Total Incoming Resources EXPENDITURE Cost of Raising Funds Fundraising expenses Expenditure on Charitable Activities Building and Estate Facilities Churchyard Church Ministries Mission Mission Giving Administration Personnel Governance Total Resources Expended Net Incoming Resources for the Period Balances brought forward at 1 January 2024 Transfers Balances carried forward at 31 December 2024 |
Designated Funds £ - 10,360 - - - - - 2,500 - ST J |
Unrestricted Funds £ 28,383 95,593 - 3,001 3,959 11,666 635 24,593 553 OHN'S WALTON |
Restricted Funds £ 10,644 - - - - - - - - S |
Unrestricted Funds £ 887 14,109 130 1,128 3,408 - 59 2,952 490 T PETER'S HOLY |
Restricted Totals Totals Funds 2024 2023 £ £ £ - 39,914 32,642 - 120,062 112,809 800 930 4,240 - 4,129 544 - 7,367 7,481 - 11,666 13,602 - 694 646 - 30,045 27,603 - 1,043 - MOORSIDE |
|
|---|---|---|---|---|---|---|
| 12,860 | 168,383 | 10,644 | 23,163 | 800 215,850 199,567 |
||
| - 14,913 - - - - - - - |
- 33,347 - 2,869 70,799 11,775 10,609 26,797 450 |
- 7,624 - - - - 12 - - |
361 5,598 - 595 13,873 760 772 106 - |
- 361 - - 61,482 42,368 2,840 2,840 - - 3,464 3,986 - 84,672 78,344 - 12,535 12,072 - 11,393 9,531 - 26,903 38,546 - 450 450 |
||
| 14,913 | 156,646 | 7,636 | 22,065 | 2,840 204,100 185,297 |
||
| (2,053) 1,088 (452) |
11,737 36,806 (2,302) |
3,008 248,000 2,754 |
1,098 19,023 |
(2,040) 11,750 14,270 553 305,470 291,200 |
||
| (1,417) | 46,241 | 253,762 | 20,121 | (1,487) 317,220 305,470 |
The Brought Forward funds for St Peter's have been re-stated by -£1,423
6
ST JOHN'S CHURCH, WALTON INCLUDING ST PETER'S HOLYMOORSIDE
CHARITY REGISTRATION NUMBER: 1128490
BALANCE SHEET AS AT 31 DECEMBER 2024
| FIXED ASSETS House of Duty CURRENT ASSETS Debtors Cash at Bank and In Hand CURRENT LIABILITIES Creditors Net Current Assets NET ASSETS FUNDS Designated Funds Unrestricted Funds Restricted Funds |
NOTE 1 3 4 5 6 |
2024 £ 248,000 13,477 72,870 86,347 (17,127) 69,220 317,220 (1,417) 66,362 252,275 317,220 |
2023 £ 248,000 3,710 68,752 |
|---|---|---|---|
| 72,462 (14,992) |
|||
| 57,470 | |||
| 305,470 | |||
| 1,088 55,829 248,553 |
|||
| 305,470 |
Approved by the Trustees:
7
ST JOHN'S CHURCH, WALTON INCLUDING ST PETER'S HOLYMOORSIDE
NOTES TO THE ACCOUNTS
FIXED ASSETS - HOUSE OF DUTY PENNYWELL DRIVE
| Cost and Valuation as at 1 January 2024 Additions in Period Cost and Valuation as at 31 December 2024 Depreciation Charge b/fwd 1 January 2024 Depreciation Charge - 2024 Net Book Value 31 December 2024 Net Book Value 31 December 2023 |
£ 248,000 - |
|---|---|
| 248,000 | |
| - - |
|
| - | |
| 248,000 | |
| 248,000 |
n so far as consecrated and benefice property of any kind is excluded from the statutory definition of 'charity' by Section 0(2)(a) and (c) of the Charities Act 2011, such assets are not capitalised in these financial statements.
These financial statements only include property that is owned by the PCC, this being the House of Duty in Pennywell Drive, Holymoorside. Ownership of this property was transferred to St John's Walton due to the Parish reorganisation on 1st October 2022, and it's the view of the Trustees that the carrying value is below market value, hence no depreciation is provided for.
The property is temporarily let and the Trust Deed under which the property is held states that the benefits of the property are for he Parish in which it is situated. As a result, a proportion of the rent is given back to St Peter's DCC to support activities in their ommunity.
The PCC has resolved during 2024 that the bank balance of the Pennywell Drive account should be transferred from Unrestricted to Restricted Funds, and hence an adjusted transfer has been provided for in these accounts. Some repairs to Pennywell Drive valued at £1,083 had inadvertantly been funded from St John's church account, hence at year end, the Pennywell Drive account was indebted to the St John's Reserve account for this amount.
ACCOUNTING POLICIES
Income
Gift aid donations, other planned giving, gifts on plate and sundry donations are recognised when received by, or on behalf of the PCC.
Income tax recoverable on gift aid donations is recognised on an accruals basis with appropriate adjustments made on a regular basis.
Legacies to the PCC are accounted for as soon as the PCC is notified of its legal entitlement, the amount is quantifiable and its ultimate receipt by the PCC is reasonably certain.
Other Income
Income from the letting of the church premises is recognised when due. Parochial fees due to the PCC for weddings, funerals etc are accounted for on an event by event basis. Income from fundraising events and other church activities is recognised when received.
Staff Costs
The PCC employs a number of people to provide administrative, office and facilities support. In addition the PCC engages the services of a gardener and window cleaner. The PCC does not pay the salaries of the clergy directly but pays towards these costs through the contribution to the Common Fund.
8
ST JOHN'S CHURCH, WALTON INCLUDING ST PETER'S HOLYMOORSIDE
NOTES TO THE ACCOUNTS (cont)
3 DEBTORS
| Gift Aid Receivable St John's Gift Aid Receivable St Peter's |
2024 £ 11,750 1,727 |
2023 £ 1,800 1,910 |
|
|---|---|---|---|
| 13,477 | 3,710 |
- 4 CASH AT BANK AND IN HAND
| St John's Current Account Reserve Account Pennywell Drive Account Cash in Hand St Peter's Current Account Reserve Account CREDITORS (Amounts falling due within one year) HMRC Accruals Utilities (inc £573 St Peter's) Audit Fee Mission Tithe Roof |
2024 £ 100 48,416 6,845 29 13,364 4,116 |
2023 £ 100 48,224 2,742 20 13,609 4,057 |
|
|---|---|---|---|
| 72,870 | 68,752 | ||
| 2024 £ 681 1,998 2,223 450 11,775 - |
2023 £ 333 20 1,914 450 10,125 2,150 |
||
| 17,127 | 14,992 |
- 5 CREDITORS (Amounts falling due within one year)
9
ST JOHN'S CHURCH, WALTON INCLUDING ST PETER'S HOLYMOORSIDE
NOTES TO THE ACCOUNTS (cont)
6 MOVEMENT IN FUNDS
| MOVEMENT IN FUNDS | |
|---|---|
| Restricted Funds: St John's Walton St Peter's Holymoorside Total Restricted Funds Unrestricted Funds St John's Walton St Peter's Holymoorside Total Unrestricted Funds St John's Designated Fund Total Funds |
Balance at Incoming Outgoing Transfers Balance at 01-Jan-24 Resources Resources 31-Dec-24 £ £ £ £ £ 248,000 10,644 -7,636 2,754 253,762 553 800 -2,840 - -1,487 |
| 248,553 11,444 -10,476 2,754 252,275 36,806 168,383 -156,646 -2,302 46,241 19,023 23,163 -22,065 - 20,121 |
|
| 55,829 191,546 -178,711 -2,302 66,362 1,088 12,860 -14,913 -452 -1,417 |
|
| 305,470 215,850 -204,100 - 317,220 |
Restricted Funds
These are funds that must be spent on restricted purposes
Unrestricted Funds
These represent PCC funds that are not subject to any restrictions regarding their use and are available for application for the general purposes of the PCC
Designated Funds
These are funds set aside from the General funds of the PCC for a specific purpose, notably the Roof Appeal project
10
ST JOHN'S CHURCH, WALTON INCLUDING ST PETER'S HOLYMOORSIDE
CONTENTS
| Report of the Trustees Independent Examiner's Report Statement of Financial Activities Balance Sheet Notes forming part of the financial statements |
PAGE |
|---|---|
| 2 to 4 5 6 7 8 to 10 |
ST JOHN'S CHURCH, WALTON INCLUDING ST PETER'S HOLYMOORSIDE
STATEMENT OF FINANCIAL ACTIVITIES FOR THE PERIOD ENDED 31 DECEMBER 2024
| INCOME AND ENDOWMENTS Estates Income All Giving Receipts Grants and donations Fundraising and Events Operating Activities and Fees Mission Interest Tax Reclaimed Other Income Total Incoming Resources EXPENDITURE Cost of Raising Funds Fundraising expenses Expenditure on Charitable Activities Building and Estate Facilities Churchyard Church Ministries Mission Mission Giving Administration Personnel Governance Total Resources Expended Net Incoming Resources for the Period Balances brought forward at 1 January 2024 Transfers Balances carried forward at 31 December 2024 |
Designated Funds £ - 10,360 - - - - - 2,500 - ST J |
Unrestricted Funds £ 28,383 95,593 - 3,001 3,959 11,666 635 24,593 553 OHN'S WALTON |
Restricted Funds £ 10,644 - - - - - - - - S |
Unrestricted Funds £ 887 14,109 130 1,128 3,408 - 59 2,952 490 T PETER'S HOLY |
Restricted Totals Totals Funds 2024 2023 £ £ £ - 39,914 32,642 - 120,062 112,809 800 930 4,240 - 4,129 544 - 7,367 7,481 - 11,666 13,602 - 694 646 - 30,045 27,603 - 1,043 - MOORSIDE |
|
|---|---|---|---|---|---|---|
| 12,860 | 168,383 | 10,644 | 23,163 | 800 215,850 199,567 |
||
| - 14,913 - - - - - - - |
- 33,347 - 2,869 70,799 11,775 10,609 26,797 450 |
- 7,624 - - - - 12 - - |
361 5,598 - 595 13,873 760 772 106 - |
- 361 - - 61,482 42,368 2,840 2,840 - - 3,464 3,986 - 84,672 78,344 - 12,535 12,072 - 11,393 9,531 - 26,903 38,546 - 450 450 |
||
| 14,913 | 156,646 | 7,636 | 22,065 | 2,840 204,100 185,297 |
||
| (2,053) 1,088 (452) |
11,737 36,806 (2,302) |
3,008 248,000 2,754 |
1,098 19,023 |
(2,040) 11,750 14,270 553 305,470 291,200 |
||
| (1,417) | 46,241 | 253,762 | 20,121 | (1,487) 317,220 305,470 |
The Brought Forward funds for St Peter's have been re-stated by -£1,423
6
ST JOHN'S CHURCH, WALTON INCLUDING ST PETER'S HOLYMOORSIDE
CHARITY REGISTRATION NUMBER: 1128490
BALANCE SHEET AS AT 31 DECEMBER 2024
| FIXED ASSETS House of Duty CURRENT ASSETS Debtors Cash at Bank and In Hand CURRENT LIABILITIES Creditors Net Current Assets NET ASSETS FUNDS Designated Funds Unrestricted Funds Restricted Funds |
NOTE 1 3 4 5 6 |
2024 £ 248,000 13,477 72,870 86,347 (17,127) 69,220 317,220 (1,417) 66,362 252,275 317,220 |
2023 £ 248,000 3,710 68,752 |
|---|---|---|---|
| 72,462 (14,992) |
|||
| 57,470 | |||
| 305,470 | |||
| 1,088 55,829 248,553 |
|||
| 305,470 |
Approved by the Trustees:
7
ST JOHN'S CHURCH, WALTON INCLUDING ST PETER'S HOLYMOORSIDE
NOTES TO THE ACCOUNTS
FIXED ASSETS - HOUSE OF DUTY PENNYWELL DRIVE
| Cost and Valuation as at 1 January 2024 Additions in Period Cost and Valuation as at 31 December 2024 Depreciation Charge b/fwd 1 January 2024 Depreciation Charge - 2024 Net Book Value 31 December 2024 Net Book Value 31 December 2023 |
£ 248,000 - |
|---|---|
| 248,000 | |
| - - |
|
| - | |
| 248,000 | |
| 248,000 |
n so far as consecrated and benefice property of any kind is excluded from the statutory definition of 'charity' by Section 0(2)(a) and (c) of the Charities Act 2011, such assets are not capitalised in these financial statements.
These financial statements only include property that is owned by the PCC, this being the House of Duty in Pennywell Drive, Holymoorside. Ownership of this property was transferred to St John's Walton due to the Parish reorganisation on 1st October 2022, and it's the view of the Trustees that the carrying value is below market value, hence no depreciation is provided for.
The property is temporarily let and the Trust Deed under which the property is held states that the benefits of the property are for he Parish in which it is situated. As a result, a proportion of the rent is given back to St Peter's DCC to support activities in their ommunity.
The PCC has resolved during 2024 that the bank balance of the Pennywell Drive account should be transferred from Unrestricted to Restricted Funds, and hence an adjusted transfer has been provided for in these accounts. Some repairs to Pennywell Drive valued at £1,083 had inadvertantly been funded from St John's church account, hence at year end, the Pennywell Drive account was indebted to the St John's Reserve account for this amount.
ACCOUNTING POLICIES
Income
Gift aid donations, other planned giving, gifts on plate and sundry donations are recognised when received by, or on behalf of the PCC.
Income tax recoverable on gift aid donations is recognised on an accruals basis with appropriate adjustments made on a regular basis.
Legacies to the PCC are accounted for as soon as the PCC is notified of its legal entitlement, the amount is quantifiable and its ultimate receipt by the PCC is reasonably certain.
Other Income
Income from the letting of the church premises is recognised when due. Parochial fees due to the PCC for weddings, funerals etc are accounted for on an event by event basis. Income from fundraising events and other church activities is recognised when received.
Staff Costs
The PCC employs a number of people to provide administrative, office and facilities support. In addition the PCC engages the services of a gardener and window cleaner. The PCC does not pay the salaries of the clergy directly but pays towards these costs through the contribution to the Common Fund.
8
ST JOHN'S CHURCH, WALTON INCLUDING ST PETER'S HOLYMOORSIDE
NOTES TO THE ACCOUNTS (cont)
3 DEBTORS
| Gift Aid Receivable St John's Gift Aid Receivable St Peter's |
2024 £ 11,750 1,727 |
2023 £ 1,800 1,910 |
|
|---|---|---|---|
| 13,477 | 3,710 |
- 4 CASH AT BANK AND IN HAND
| St John's Current Account Reserve Account Pennywell Drive Account Cash in Hand St Peter's Current Account Reserve Account CREDITORS (Amounts falling due within one year) HMRC Accruals Utilities (inc £573 St Peter's) Audit Fee Mission Tithe Roof |
2024 £ 100 48,416 6,845 29 13,364 4,116 |
2023 £ 100 48,224 2,742 20 13,609 4,057 |
|
|---|---|---|---|
| 72,870 | 68,752 | ||
| 2024 £ 681 1,998 2,223 450 11,775 - |
2023 £ 333 20 1,914 450 10,125 2,150 |
||
| 17,127 | 14,992 |
- 5 CREDITORS (Amounts falling due within one year)
9
ST JOHN'S CHURCH, WALTON INCLUDING ST PETER'S HOLYMOORSIDE
NOTES TO THE ACCOUNTS (cont)
6 MOVEMENT IN FUNDS
| MOVEMENT IN FUNDS | |
|---|---|
| Restricted Funds: St John's Walton St Peter's Holymoorside Total Restricted Funds Unrestricted Funds St John's Walton St Peter's Holymoorside Total Unrestricted Funds St John's Designated Fund Total Funds |
Balance at Incoming Outgoing Transfers Balance at 01-Jan-24 Resources Resources 31-Dec-24 £ £ £ £ £ 248,000 10,644 -7,636 2,754 253,762 553 800 -2,840 - -1,487 |
| 248,553 11,444 -10,476 2,754 252,275 36,806 168,383 -156,646 -2,302 46,241 19,023 23,163 -22,065 - 20,121 |
|
| 55,829 191,546 -178,711 -2,302 66,362 1,088 12,860 -14,913 -452 -1,417 |
|
| 305,470 215,850 -204,100 - 317,220 |
Restricted Funds
These are funds that must be spent on restricted purposes
Unrestricted Funds
These represent PCC funds that are not subject to any restrictions regarding their use and are available for application for the general purposes of the PCC
Designated Funds
These are funds set aside from the General funds of the PCC for a specific purpose, notably the Roof Appeal project
10