REGISTERED CHARITY NUMBER: IJ28625 Report of the Trus¢e¢5 and Unaudited Fitianelal Staternents for the Year Ended 31 December 2024 for The Parochlal Church CouDeil ofthe ecclesiastical Parlsh of St P¢ter'5 Bengeworth Boyds Accountsnis Britannia Court 5 Moor Street Worcester WorcestershiTe WRI 3DB
The Parochlal Church Council olthe ecc1¢5iAstical Parish of St Peter's Btngeworth Content5 of the Fingnci21 Statement$ for the Year Ended 31 December 2024 Pagt Report of the Trustees Independent ExAminer's Report Statement of Financlal ACtitieS Bal#nee Sheet Note5 to the FinaDcial Stgt¢ments 5 to 10 Detailed Statement of FiDanci81 Activitles 11 to 12
The Paroehial Church Councll of the eccle$i2stical Parish of St Peter's BengeTrYorth Report of the Trustees for the Year Ended 31 December 2024 The trustees present th¢ir resX)ll with the financial statements of the charity for the year ended 31 Decembcr 2024. The trustees have adopted the provisions of AOnting and Reporting by Char]ties.' Siatcment of Recommended Piaciice applicable to charities prepltring thcir accounis in accordance wilh the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 102) (eff¢ctive l January 2019). STRUCTURE, GOVERNANCE AND MATr4AGEMEF4T Governing document This charity 1% govemed under The Parochial Church Councils Qowersl M¢asute 1956 as amended and The Church Representation Rllles {CODtained in Schedule 3 to th¢ Synodical Govemment Measure 1969 as ainended).. REFERENCE AND ADMINISTRATIVE DET AILS Relislered Chariti, number 1128625 Principal 8ddre55 Si Peter's Church Port Street Eve8liam WoFcestershire 116DS Trustees Rev Andy Smith Sandra Cockiam (resigned 28.4.241 Jane "¢hardS (resigned 28.4.24) David Cockram (resigned 28.4.24) MT Timoihy Robert Clack Mr Simon Cooper Ms Margaiet Wade {Tesigned 28.4.241 MT Stephen Bramlcy Lucy Ansrey {appoinied 28.4.241 Phil C,ooper (appointed 28.4.24) Pat5y Chi¢k (appointed 28.4.241 Simon Browning (appointed 28.4.241 Independent Ex8miner Damien Chandler Boyds Accountants Britannia Court 5 Moor StTeet Worcester Woicesiershire WRI 3DB Approved by order of the board of tn]stces on 27 June 2025 and signed on its behalf by-. Rev Andy Smith- Trustee Page I
Independent ExAmlner'5 Report to the Trustees of The Parochi&l Church Council of the ecelesiastieal Parish of St Peter's Bengewortb IDdependellt examiller's report to the tru51tts of The Paroehial Cbureb Councll of the eeelesiasti¢al Parish of St Peter's Bengeivorth I report to the charity Injstees on my examination of the accounts of The Porochia] Church Council of the ecclesiastical Patish of St Peter's Bengeworth (the Trust) for the year en(kd 31 De¢tber 2024. Responsibilitles and basls of report As the chaTity irustets of ihe Tn]st you ale responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 I'the Act'l. I report in respect of my exarnination of the Tmst's accounts carried out und¢r StIOn 145 of the Act and in carrying out y examination I have followed all applicable DiTections given by the Charity Commission under Section 145(5)(b) of the Act. Independent examiner'5 Statement I have completed rny examination. I confirm that no material matters have come to my attention in Connection with the examination giving me cause lo believe that in any rnaterial respect.. accounting records were not kept in reSt of the TnESt as required by SectjOD 130 of the Act. or the accounts do not accord with records. or thc d¢counts do not comply with the applicable requireinents concerning the fomi and content of accounts set out in the Chartties (Accounts and Reports) Regulations 2(h)8 other than any requircment that the accounts give a Irue alld fair view which is t]ot a matter considered as part of an indewjdent examination. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Damien Chandler Boyds Accountants Britannia Court 5 Moor Strcet WoTcester Worcestershire WRI 3DB 27 Junc 2025 Page 2
The Parochial Church Council of the ecclesi35tical Parish of St Peter's Bengeivorth statemetht of Financial Actlvlties for the Year Ended 31 Detember 2024 31.12 24 Tot&1 fvnds 31.12.23 Total funds Unrestricted fund Restricted funds Notes INCOME AND ENDOIVMENTS FROM Donaiions al legacies 86,784 86,784 61,832 Charitsble aetivities Chwch activiiies 23.689 23.689 16.178 226 2.202 43,170 226 3.334 43,170 736 3.144 47,632 Other trading activities ]nvestment income Other income 1,132 129,522 Total 156.071 1.132 157,203 EXPENDITURE ON Charhtable 2ctiTrrytie5 Church activities 14,043 18.799 18,799 127,(M)8 127.008 107.124 145.807 121,167 To*#1 145,807 1,315 2.698 7,083 Net gains on investments 1,383 NET INCOME 11,647 2,447 14,094 l5.438 RECONCILIATION OF FUNDS Total filllds biought fonvard 145,921 130,483 98.182 47,739 TOTAL FUNDS CARRIED FORWARD 109,829 50,186 Id),015 145,921 The noies fomi part of ih¢se financial statements Page 3
The Parochlal Chureh Council ofthe ecclesiastic&l Parish of St P¢ter'5 BengeTVOrth Balance She 31 December 2024 31.12.24 Tothl funds 31.12.23 Total Unrestricted fid Re$tTiCted funds Notes CURRENT ASSETS InvesttnentS Cash ai bank 61,785 48,169 50.186 111,971 48.169 108,142 37,SY)4 109,954 50,186 160,140 146,IM6 CREDITORS Amounts falling due within one year (125) (125) (125) r+lET CURRENT ASSETS 109,829 50,186 160,015 145,921 TOTAL ASSETS LESS CURRENT LIABILITIES 109,829 50.186 160,015 145,921 NET ASSETS 109.829 50,186 160.015 145,921 FUNDS Ullrestricted fvnds RestricEd funds io 109.829 50.186 98,182 47.739 TOTAL FUNDS 160.015 145,921 The financial statements w¢ approved by the Board of Trustees and authorised for issue on 27 June 2025 a[ were siglled on its behalf by.. Rev Andy Smith- Tjustee Mr Timothy Robert Clack- Tnle¢ The notes fomi part of these financial staternents Page 4
The Paro¢bial Church CouDciI of the ecelesiastical Parish of St Peter, BeDgewortb Notes to the Flnancial Statements for the Year Ended 31 December 2024 ACCOUNTING POLICIES Basls of preparing the fillall£ig] statements The financial statemcnts ol the charity, wh]"ch is a public benefit elltity under FRS 102. have been prepared in a¢¢ordance with the Charities SORP IFRS 1021 'Accounting and Repx)rting by Charities.. Statement of Recomrnended Practice applicable to chdriiics preparing their &ccounts ID accordance with the Financial Rep)rting Stsndard applicable in tbe UK and Republic of treland (FRS 1021 {effeciive l January 2019)., Financial Rcporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland. and the Charities Act 2011. The financial statements have been prepated under ihe historical cost convention. These fjnancial statements have been prepared in accordance with the Church Accounting Regulations 2(K)6 using the receipts and payments basis except for shaTeholdings that are accounts for using the valuation basis. Income All income 18 reco)ised IT) the Ststement of Financial Activities on¢e the ¢haTity has entitlement to the nds, it is probable that the income will b¢ receiv¢d and the amount can be Measured reliably. Expenditure Liabilitics are recognised as expendittwe as soon as there is a legal or constru¢tive obligation committing the charity to that expenditUTe. it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Bxpenditure is accounted for on an accruals basis and h&$ been classified undeT headings that aggregate all cost related to the category. Wheie costs thqnnot be directly attributed to particular headings they have been ollocated to activities on a basis consist¢nt with the use of resources. Tax8tio The charity ts exempt from tax on its charitable activities. FThd accounting Unrestricted fimds can be used in accordance with rhe charitable objectives at the discretion of the ttustees. Reskncied funds can only be used for paTticular Testricted PU4K)ses within the objerts of the charity when auth0ri5ed by the Worcester Board of Fjnance. OTHER TRADING ACTIVITIES 31.12.24 Total funds 31.12.23 Total funds Unrestricted funds Restricted nds 115 621 Fares and sales Othei aciivities 226 226 226 226 736 Page 5 continued..
The Parochial Church Council of the e£de8iastical Parish of St Peter, BengeTrvorth Note5 to the FiD&ndal Statements- cOntIVed for the Year Ended 31 Deeember 2024 INVESTMENT INCOME 31.12.24 Total funds 31.1223 Tota] nds Unrestricted fimds Restricted funds CBF school deposit inteK%t and dividends CBF deposit account interest Investment account interest 1,132 1,132 325 1.877 325 1,877 1,839 2,202 1.132 3,334 3,144 TRUSTEES, REIlERAT10N AND BENEFITS There were no trustees, remunerniion or other benefjts for the yeat ended 31 December 2024 nor foz the year ended 31 December 2023. Trnstees, expenses There were no trustees, eXnseS paid foI the year ended 31 December 2024 nor for the year ended 31 Dece]nber 2023. STAFF COSTS The average monthIy number of employees during the year was as follows.. Cleaner Organist Admin2stratio 31.12.24 31.12.23 No employees received emoluments in excess of £60.OIM). COMPAIL4TtVES FOR THE STATEMENT OF FINANCIAL AcfivJTIES Unrestricted fund Restricted fijnds Total funds INCOME AND ENDOWMENTS FROLII Donations and legacies 61,832 61,832 Charitsble actiTAties Church activities 16,178 16,178 Other traditjg activities Investment income Other income 736 2.029 47,632 736 3,144 47,632 Total 128,407 129,522 EXPENDITURE ON Ch4rltable actitie Church activities 14,043 14.043 Page 6 Continued...
The Parochial Church Council of the ecelesiastlcAI Parish of St Peter'$ BeDgeOrth Notes lo the Finan¢i81 Stat¢tNents- eontinued for the Year Ettded JI December 2024 COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES- continued Utjrestnctcd Rcstricted fund fvnds Total funds 107,124 Other 107,123 121,166 121,167 Totsl Nei gains on investments 5,197 1.886 7,083 NET INCOME 12,438 3,(H)O 15,438 RECONCILIATION OF FUNDS Total fund5 broughi forward 85,744 44.739 130,483 TOTAL FUNDS CARRIED FORWABD 98,182 47,739 145,921 CURRENT ASSET INVESTMENTS 31.12.24 31.12.23 CBF shares.. School CBF dcposit fund.. School CBF shar¢s.' P C C CBF Shares.. Minister 41,713 8,473 60,351 1,434 40,780 6,959 59,001 1.402 111,971 108,142 CASH AT BANK 31.12.24 Total funds 31.12.23 Tota] nds Bank CUJTent a¢Unt P C C dey)sit account Church house cash cuuent and deposit 25.049 6,455 16,665 19J31 6,130 12,443 Total 48.169 37,904 Page 7 continued...
The Parochial Chureb Counell of the ecclesiA5tical Parish of St Pettr's Hengeworth Notss to the FinAndal StateThents- ¢ontAttued for tbe Ye4r Ended 31 December 2024 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 31.12.24 31.12.23 Held for ASUM group chutch¢s 125 125 io. MOVEMENT IN FUNDS Net movement ill fiu)ds At 31.12.24 Atl.1.24 Unrestricted fullds Utjtestricted 98,182 11,647 109,829 Re5trided fMDds Restricted 47,739 2,447 50,186 TOTAL FUF4DS 145.921 14,094 160,015 Net movement in funds, included in thc above are as follows.. Incoming r¢sour¢es Resources expended Gains and losses Movement Unrestricted funds Unrestricted 156,071 (145,807) 1,383 11.647 Restricted fuTrds Restricted 1.132 1,315 2.447 TOTAL FUNDS 157,203 1145,807) 2,698 14,094 Comparatives f•r movement fllnds Net rnovement in funds At 31.12.23 At 1.123 Unrestrtcted funds Unrestricted 85,744 12,438 98.182 RL*trifted fllTrds Restricted 44,739 3,0(M) 47,739 TOTAL FUNDS 130,483 15,438 145,921 Page 8 continued...
The Parochial Church Coun¢il of the eccleslastical Parish of St Peter's Bellgeworth Notes to the Finanelal Statemellts- coThtiDlled for the Year Knded 31 December 2024 io. MOVEf4lENT JN FUNDS- contiDued Compardtive net tnovement in funds, included in the aboye ar¢ as follows.. Inco]ning resources R¢sources expended Gains and losses Movement ill fimds Unrestricted fvnds Unr¢stricted 128,407 (121.166) 5.197 12,438 Restricted funds Restri¢ted 1.886 3,000 TOTAL FUNDS 129,522 (121,1671 7.083 15,438 A cuffent year 12 months and prior year 12 months combined position is as follows.. Nei Tnovement in fiu)ds At 31.12.24 At 1.1.23 Unrestricted fund$ Unt¢stricted 85.744 24.085 109,829 Restrieted lunds Rcstticied 44.739 5.447 50.186 TOTAL FUNDS 130,483 29,532 160,015 A current year 12 months aTKI prior year 12 months combined Tjet movement in funds, included in the above are as follows- Incoming resourc¢s Resources expended Gains and losse5 Movement in funds UDrestrieted fund5 Unrestricted 284.478 (266.9731 6.580 24.085 Restricted futtds Restricted 2,247 3201 5,447 TOTAL FUNDS 286,725 {266,974} 9.781 29,532 Page 9 continued...
The Parochial Chureh Couneil of the e¢clesiastltal Parish of St Peter'5 Bengeworth Notss to Ibe Flnanci81 Statements- ¢ontinMed for the Ye8r Ended 31 December 2024 RELATED PARTY DISCLOSURES There were no rel8ted party transactions for the year ended 31 DecemF£r 2024. 12. CHURCH HOUSE DETAILED STATEMENT Church House foThns part of theses accounts and therore is covered by the independent ¢xaminers rq)ort th¢reon. Income Lcttings 10,472 Expenditure Water Lighting and heating Insurance Repair alld maintenance Cleat]ing 277 1,574 1,026 1,958 1,416 Ordinary sury)lus for the year Surplus Cash at bank l January 2024 Cash at Bank at 31 December 2023 Ordinary funds 6,251 4,221 4.221 12,443 16,664 16,664 16,664 Page 10
The Parochial Church Council of the ecc]e5iaStical Parish of St Peter's Bengtworth Detalled Ststen)eDt Ibf FiDancial Activlties for the Year Ended 31 December 2024 31.12.24 T(Trtal fimds 31.12.23 Toial funds Unrestricted funds Restricied fidS INCOME kND ENDOIWENTS Donations and legacies Planned giving tA)05e plate Tax recovered Donations John Martin's Charity 36,098 5,186 8.081 260 37,159 36,098 5,186 8.081 260 37,159 30,001 4,284 8,125 19,422 86,784 86,784 61,832 Other trading &¢tivitles FeS and salcs Other activiiies 115 621 226 226 226 226 736 Investment income CBF h0o[ dcposit interest and dividends CBF deposit a¢count interest Iuvestsnent account interest 1,132 1,132 325 1,877 325 1,877 1,839 2,202 1,132 3,334 3,144 Ch&ritable actitieS W & F and other fees including stipendiary Communiry usc of church house Youth Club 10.816 10.473 2.4(K) 10,816 10,473 2,400 10.380 5,798 23.689 23.689 16,178 Other Income Mission Antenna Miscellaneous School bibles WDBF contribution to salaries 5,100 28,969 4,472 5.1(K) 28,969 4,472 37,422 8,327 1,883 4,629 4,629 43,170 43,170 47,632 Totsl Incoming resources 156.071 1,132 157.203 129,522 EXPENDITURE Charitable 8¢tivittes Mis%ion CaTried forward 693 693 693 693 1,970 1,970 This page does not fom) port of the statutory financial statements Pagell
The Parochial Church Couttcil of the e¢¢lesiasticAI PAri5h of St Peter's Bengeworth Detailed Statement of Finanelal Activitles for the Year Ended 31 December 2024 31.12.24 Total 31.12.23 Total fimds Unrestricted fid5 Restricted funds Charitable artIties Brought fonward Charities (including Ministevs discretiollary fimd) 693 693 1.970 298 298 25 991 991 1,995 Other Wages Parish shaTe Building maintenanee tnsuTan¢e Utilities Mainienance of system5 and fittin8S New equipment Consumables Church house expenses Other {inclllding visiting clergy} Premises gen¢ral 31.624 30,51KI 4,252 6.573 33,756 1,944 31,624 30,51M) 4,252 6,573 33,756 17,183 25,000 4,673 6,736 37.294 2,187 406 4.052 7.439 609 1.545 4.525 6,251 2,901 4.682 4,525 6.251 2,901 4,682 127,(K18 127.008 107.124 Support costs Governance costs Accoulltancy Wed(bng and fi]neral paynents Secretarial and admin charges Bank charges and comrnission Other (including Missioner} 72 8,966 5,(W6 210 2.816 720 8.966 5,096 210 2,816 600 5,231 3,685 193 2,339 17,808 17,808 12,048 Total resounes expended 145,807 145,807 121,167 Net income 10,264 1,132 11,396 8,355 This page does not forn) part of the statutory fllw¢ial staternents Page 12