Annual Report and Financial Statements of the Parochial Church Council of Hednesford St Peter For the year ended 31" December 2024 Charity Registration No. 1128668 Puge I
DIOCESEOF LICHFIELD Come follow Christ in the footsteps of St Chad The Parochial Church Councll of The Parish of Hednesford St Peter Trustees, Annual Report for the year ended 31" December 2024 Registered charity no: 1128668 Ob ertive5 and Artivitie5 The Parochial Church Council of The Parish of Hednesford St Per (the PCCI has the responsibility of co-operating with the incumbent Rev Paul Kelly in promoting in the ecclesiastical parish, the whole mission of the Church, pastoral, evangelical. soeial and ecumenic31. The PCC is also spirltually responsible for ihe malntenance of the church The PCC is committed to enabling as many people as possible to worship at our church and to become part of our parish community at Hednesford. The PCC matntains an overview of worship throughout the parish and rnake5 suggestions on how our services can involve the manyBroups that live within our parish. Our services and worship put faith into practice through prayer, scripture, music and sacrament. Also, through non sacramental activities of hospitality and fellowship we aim to reach non churched mernbers of the community. Public Benéfit The trustees of the Charity are aware of the Charity Commission'5 8uidance on public benefit in The Advancement of Religion for the Public 8enefit and have had regard to it in their administration of the Charity. The trustees believe that, by promoting the work of the Church of England in the Eccle51aStical Parish of Hedne5ford, it helps to promote the whole mission of the Church (pastoral. evangelistic, social and ecumenicall more effectively, within the Ecclesiasttcal Parish, and that in doing so it provides a benefit to the public by= Providing facilities for public worship, pastoral care and Spiritual, moral and intellettual development, both for its members and for anyone who wishes to benefli from what the Church offers., and • Promoting Christian values and service by members of the Church in and to their communities, to the benefit of individuals and society as a whole. Achievements and Performance Detailed in the APCM report. Poge 2
Financial Review PCC of Hednesford Net Total Assets.. £635,6481£650,770 20231 DÈficit.'1£19,2301- Unrestricted Deficit=1£12,1961 Restricted Deficit1£7,0351 IDeficit.' IE13,24011 2024 saw the bookkeeping move to Lichfield Diocese. Whilst this year has been quite painful getting used to the new way of submitting papèrwork 2025 should prove to be better. In 2023 all of the CCLA accounts were amalgamated into one figure. This ha5 now been amended to show each account and its balance on the Statement of Asset5 and Liabilities. St Peterfs Hall has not been revalued In 2024. Other churches use the Natlonwlde Index and revalue on an annual basis. The PCC need to decide whether they want St Peterfs Hall to be revalued rn 2025. For this they will need to provide the full address with post¢ode of the Hall. Income overall has decreased from £103.737 2023 to £59.838 2024. The most notable differences are reductions in 0101 when compared to 0101 and 0110 all gift aid collections are recorded urtder 0101, 0301 when compared to 0301 and 0302, 0601 Tax recoverable on Gift aid and 1101 fees for weddings and funerals. Expenditure overall has decreased from £116.977 2023 to £79.068 2024. The most notable dlfferences are reduction5 in 1910 £25,700 of the £51.858 2024 request. There was an overpayment of £7.800 in 2023 which was not shown in the accounts and was introduced in 2024 as a minus figuTe. £26,158 arrear5 2024 was added resultin8 in £18,358 arrears being Shown as a creditor on the Statements of Assets and Liabilitie5 code PSHEDNOI. There are a150 reductions in 2330, 2350 and 2560. There have been increases in 2360 and 2590 when compared with 2530 and 2540. The coding has changed sliEhtJy to ensure efficiency. Thanks go to Graham and the team for all of their hard work. Reserves Policy It is PCC policy to try to maintain a balance on free reserves (net current assets) which equates to at least three months unrestricled payments. This is equivalent to £11,514 20241£29,244 20231. It is held to smooth out fluttuations in cash flow and to meet emergencles. The balantè of the free reserves at the year end was £52,161 20241£71,936 20231 which 15 considerably higher than this target. The Trustee feel that a higher Teserve is prudent in these uncertain times. Poge 3
Investment Pollcy The charity is granted power to invest in suitable investments under the PCC Powers Measure 1956 and the Trustees Act 2000. As a charity, the Trustees have a duty of care to take such advice as is appropriate before investments are undertaken. This advice is sought from the Central Board of Finance ICCLAI In London. AFH Wealth Management and EFG Harris Alldav The charitvs investment policies are based on two key principles.. Ethical Investment-this includes ensurin8 that investments are held In companies which have hi8h standards of corporate governance and act In a responsible way toward5 Stakeholders. Lon8-term responsibilities the trustees are aware of their long-term responsibilitles in respect of the Restricted and Unrestricted reserves and as a result follow a prudent approach to investment decision5. Investment policy for long-term funds is aimed primarily at generating a sUStaSnable Income. with due regard to the need for the preservation of capital value, and the possible need to realise investments to meet operational needs. The charity does not have a policy of generating income at excessive or high risk- known a5 "purchasin8 income" Whe high returns are guaranteed at the expense of capital. In summary. the charity has an overall policy to maximise incorne while preserving the real value of its fvnds. Due to the nature of the charity. an ethical investment policy is taken into consideration when Investments are made= The tharity follows the Ethical Investment Advisory policy as recommended by the Lichfield Diocese which include5 the following.. "We aim to invest in companies that.. will develop their business in the inierests of shareholders.. demonstrate responsible employrnent practices,. are conscientious concerning issues of corporate @overnance, the environment and human rights,. are sensitive to the community in which they operate." Planned givin& collections and donations are the main sources of fund raising alon8 Wlth tax recoverable. Safeguarding The PCC believe they have fulfilled their duty under Section 5 of the Safe8uarding and Clergy Discipline Measure 2016 Iduty to have due regard to House of Blshops. guidance on safeguaiding children and vulnerable adultsl Reporting Serious Incidents A Serious Incident is an adverse event, whether actual or alleged. whid) results in or risks significant harrn to the charitV5 beneficiaries, employees, office holders, volunteers or to others who come into contact with the charity through its work, loss of the charltls money or assets, damage to the charity's property or harm to the charity's work or reputation. The trustee5 are not aware of any Serious Incidents in the last year Fundralslng The PCC takes its fundraising responsibilities seriously and 15 very grateful to all donors- whether regular or occasional- for their Support of the church and church events. PCC supporters are never taken for granted. The PCC takes full responsibility for fundraising and does not use commercial organisations or professional fundraisers. All money raised is either by donations. fundraising events. special appeals or le8acie5 for which the PCC are most grateful. VoluntÈers The mernber5 of the Pccwould like to thank all the volunteers who work so hard to make our Church a lively and vibrantcommunity. Risk Management The Church Wardens carry out regular Health and Safety Revsews and regularly Inspect premises for potential hazard5. We have safeguardin8 policies in place for child protection and for work with vulnerable adults, including rigorous DBS checking of staff and volunteers. Our insurances are reviewed annually to ensure adequate cover. An informal review of any new risks which may impatt the Work of the Church in the Parish is ongoing. Page 4
Structure, Governance and Management The PCC is a Body Corporate established by the Church of England and is a Charity registered with the Charity Commission under registration number 1128668. The PCC is governed by the Parochial Church Council Powers Measure119561 as amended that carne nd into effect on 2 January 1957. and the Churth Representation Rules (contained in Schedule 3 to the Synodical Governrnent Measure 1969 as amended). The method of appointment of the PCC members is set out in the Church Representation Rules. The Council comprlses the Incumbent. the Churchwardens, a representative of the Readers. those elected to the Deanery Synod, and other mernbers who are elected èt the Annual Parochial Church Meetin8, by those on ihe Electoral Roll. The PCC members receive trainin8 from courses run by the Diocese. Member5 of the con8ie8ation are alway5 urged to join the Electoral Roll, and to stand for election to the PCC. The PCC members are responsible for making decisions on all matters ot general concern and importance in the parish, and for all financial matters. The PCC met 7 times in 2024. Related Parties There are no related partie5 employed by the PCC or awarded contracts for work Oonations from Related Partles Donations from 9 related parties IPCC membersl during the year totalled £7,887 INO f]gures for 20231. All these donations were reiVed without conditions. Remuneration paid to Trustees None of the trustees have been paid any remunefation or received any other benefits from employment with the PCC or details of any trustee that was paid Expenses paid to Trustees One trustee was reimbursed £1291£354 20231 for travel to funerals during the year. Page 5
Reference and Admlnlstratlve Detalls Charity Name.. The Parochial Church Council of ihe Eccleslastlcal Parlsh of Hednesford St Peter Other names the charity is known by.. NIA Reglstered Chartty Number". 1128668 CharitTrls principal addre55: St Peters Church, Church Hill. Hednesford. Staffordshire W512 IBD Correspondence address: The Vicarage, Church Hill, Hednesford, Staffordshire WS12 18D Website address: https'./lwww3tpeterschurthhednesford.or8.uk PCC Members- Who Sèrvèd from l January 2024 to the date this report was approved Trustee name Officè lif any) Dates arted if not for whole period Ex-offlclo Paul Kellv Caron Thomas Chair- Incurnbent Reader Emrna Cardinal Reader Bryn Wellings Edwina Jane Lane Reader Deanery Synod Representative Deanery Synod Representative lane Martin Granville Henderson Church Warden Graham Martin Church Warden Elècted members Bob Maxfield Member Sarah Maxfield Member From 1410412024 Kathryn Kellv Lesley Wilkes rina Henderson Asslstant Church Warden and Licensed Lay Worker Member and Verger From 1410412024 Member Julie Richard5 Member Sally Jenkins Barry Wainwright Sharon Jagger Linda O'Brien Member Member Until 1410412024 Until 1410412024 Co-opted Members Elaine Smith Member- Flnance Team from December From 2910712024 Poge 6
XArb¥•l Ln L•nd•n ¢C4A Lht4•ld DI•n Si M•ry• Hury.Th• cfvw. LlqhlTld. WSIY 7LD ..•td $11th1 or lu •1by.. Poge 7
Independent Examiner's report to the trusteeslmembers of The PCC of The P3rish of Hednesford St Peter Reglstered charlty number- 1128668 I report on the accounts for the year ended 31A December 2024 which are set out on the following pages. Res ective res onslbilities of the Trustees and Inde endent Examlner The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year under Section 144 of the Charities Act 2011 (the Charities Act) and that an Independent examinatlon is needed. It is my responsibility to examine the accounts under section 145 of thè ChaTlties Act, to follow the procedurès laid down in the Gèneral Dlrections given by the Charity Commission (under section 14515llbl of the Charitie5 Act, and • to state whether particular matters have come to my attention. Ba515 of Inde endent Examiner's Statement My examination wa5 carried out in accordance with the General Direction5 given by the Charity Cornmission. An examination includes a review tsf the accounting record5 kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in theaccounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit. and consequently no opinion is @iven as to whether the accounts present a "true and fair" view and the report Is Ilmited to those matters set out in the statement below. Inde ndent Examiner's Statemént In conne¢tlon wlth my examinatlon, no materlal matters have come to my attet)tion which glves me cause to belleve that In any materlal respect-. accountin8 records were not kept in accordance with section 130 of the Charities Act or the accounts do not accord with the accounting records I have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understandlng of the aceounts to be reached. Si8ned.. Date: . Lichfield Diocèsan Board of Finance St Ma$ House, The Close, Lichfield WS13 7LD Poge 8
The Parish of Hednesford St Peter Notes to the Financlal Statements For the year ended 31" December 2024 Accounting Policies The financial 5tatement5 of the PCC have been prepared in accordance with the Church Accountin8 Regulations 2)6 u5in8 the Receipts and Payment5 ba515. There may be minor discrepancies in the totsls as the pence are not bein8 shown. The financial statements have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant notes to these accounts. The financial statement5 include all transactions, assets and liabilities for which the PCC is responsible in law. They do not include the accounts of church groups that owe their main affiliation to another body nor those that are informal Batherin8s of Church member5. Cashflow Statement The Charity has taken advantage of the exemption in FRS102 from the requirement to produce a cashflow statement on the grounds that the income does not exceed £51KI.000. Going Concern There are no material uncertaintie5 related to events or conditions that cast significant doubt on the chariVs ability to continue as a going concern. Accounting Estimates and Prior Year Errors No change5 to aceounting estimates have occurred in the reporting period. No material prior year errors have been identtfied in the reporting period Des¢riptlon of Funds Un$t11(ted funds are income funds of the PCC that are available for Spending on the general purposes of the PCC, including amounts designated by the PCC for fixed assets for its own use or for spending on a future project and which are therefore not included in it5 "free reserves. as disc105ed in the tsustees, annual report. An explanation of purpose of each Designated fund are as follow5.. St Peter's Gifts and Repairs Parish churchyard Parlsh contingency fvnd Parish organ fund Junlor church For repalrs to St Peters building For the Churchyard Reserves fund For the Organ For junior Church Poge 9
Restr5cted funds comprise of two elements :_ al Income from trusts or endowments whlch may be expended only on those restricted objects provided in the terms of the trust or bequest bl donations or grants received for a specific object or invited by the PCC for a specific object. The funds may only be expended on the specific object for which they were given. Any balance remaining unspent at the end of each year must be carried forward as a balance on that fund. The PCC doe5 not Usually invest separately for each fund. Where there is no separate investment, interest is apportioned to individual funds on an average balance basi5. An explanation of purpose of each Restricted fund are a5 follows.. Parlsh organ fund IDS Detoration fund For the Organ fund For the redecoration of the Vicarage held with LDBF For St Michaels bullding For repairs to St Peters building For 5t Peters Hall St Michaels building fund St Peters 81ft and repalr fund St Peters Hall fund Endowment fund5 are restricted funds that must be retained as trust capital èither permanently or subject to a discretionary power to spend capital as income, and where the use of any income or other benefit der&ved from the capital may be restrirted or unrestrlcted. Full detalls of all thelr restrlctlons are shown in the notes to the accounts. An explanation of purpose of each Endowment fund are as follows= The PCC does not hold any Endowment Funds Intoming Resources Planned giving, collections and donations are recognised when received or when the PCC becomes entitled to the resource and the monetary value can be measured with sufficient reliability. Tax refunds are recognlsed when the incoming resource to which thev relate is received. Grants and Legacies are accounted for when thè PCC Is legally entitled to the arnounts due and the monetary value can be measured with sufficient reliability. Dividends are accounted for when reteivable. interest is accrued. All other income Is recognised when it is receivable. All incoming resources are accounted for gross. Resources Expended Grants and donations are accounted for when paid over, or when awarded. if that award creates a binding or constructive obligation on the PCC. The diocesan parish share is accounted for when due. Amount5 received specifically for mission are dealt with a5 restricted funds. All other expenditure is generally recognised when it is incurred and is accounted for gross. Governancè and Support Costs Support C05tS Should be allocated between governance cost5 and other support. Governance costs comprtse all costs involving public accountability of the PCC and its compliance with regulation and good practice. Support costs include central functions and have been allocated to activity cost categoTies on a basis consistent with the use of resources eg by allocating staff costs by tlme spent and other costs by their usage. Flxed Assets Consecrated and benefice property is not included in the accounts by s.1012llal&lCI of the Charities Act 2011. Moveable church furnishings held by the Vicar and Churchwardens on special trust for the PCC and which require a faculty for disp9531 are inalienable property, listed in the Church's inventory. which can be inspected lat any reasonable timel. For anything acquired prior to 2000 there is insufficient cost information available and therefore such assets are not valued in the financial statements. Investments Investrnents in quoted share5, traded bonds and Similar investments are valued initially at cost and subsequently at market value at the year end. Investments held for re-sale are treated as current a55et investments. Pogelo
Debtors Debtors are measured on Initial recognition at settlernent amount. Subsequentlythey are measured as cash expetted to be received Credltors and Accruals CrÈditors are measured at sèttlement amounts less any trade dlscounts. Accruals are measured on best estlmate of the amount reouired to settle the obligati()n at the reporting date Ptsge 11
The Pgrish Hednes rdst Peter eorendin 2024 Receipts and Payments Account 2024 Unrestrlrted Deslgnated Restricted Endowment funds funds funds funds 2024 2023 Receipts Donations and legacies Income from charitablè activities Other trading activities Investments Other incorne Total income 25.548 18,736 935 11.968 26,483 64,713 30,717 34,861 12 2,244 242 150 2.637 4,162 46.529 255 13,054 59.838 103.737 Payments RaisinE funds Expenditure on charitable acttvities Green Heath Community Church Other expenditure Total expenditure 440 45,616 440 78,628 116.977 12,922 20.088 46.057 12,922 20.088 79,068 116.977 Net income I leKpenditurel resources before transfèr 471 112,6671 17.0351 119,23011132401 Transfers Gross transfers betwèen funds- in Gross tran5fer5 between funds- out Other recognised 8ains / losses Gain5/losses on investment assets Gains on revaluation. fixed assets, ¢harity'5 own use Net movÈment in funds 15,542 118.3641 38.301 4.610 13S,6411 14.4511 58,454 15,606 158,4551115,6071 17,427 119.7761 19,302 9.296 2,230 14,6441 4,107 115,1231113,2401 Reconciliation of funds Total funds brought forward 621.936 24,905 3,928 650,770 664,010 Total funds carried forward 602.161 34.202 17161 635,648 650,770 Poge 12
St•tmeHtol•••rts•nd 2024 G•n•rnl D Flx•dAsMt.TawW•A• 6430.. Hall 550.000 550.000 Curr•ntAuet- C•¥h AtO•nAnd In H•fid ¢Q725891.. P CC¢urrentaCCtsurtt 15.4721 10.091 a0728017.. P•rlsh Churrhv•rd bwDk •¢count 4597 02441106.. 5t Pel•r5 church hall bank 4.724 B3008568.. CCLALlchfi•ld DIoEy5yryTnMt- •dn•sford {562) CB3028039.. CCL4- H•dnsftstdJurtlor Church tB3028010. C£LA H•ds1otd- Corftlryncy 12,¢)Wl 7.232 C63028041: cetA-Hdn•5fvrd- R•trf¢ fuY)ds 1172 CB30280A2..CCLA H•dtt•$fts-Orllan FndS ¢83028043.. COA H•dn•Sfa-CurthVr IDHÈDNOII.. IDS O¢cor•tTon A¢¢ount- Church Hll PCCHaCCGts.. 52 Dy Dww¥lliccounE T•tsi (3.2171 (1401 1,404 I1> 2.317 3.619 isi 1749 4.iao 361 5.232 4.OBI 29.63é 5.OB2 5.682 9.7PJI 9.781 s,ii? .117 67.229 65,S47 70519 34Xla 1376) 6699.. AB•nty To1•1 bllty- CT•dlt¢rS-Am•untsF•lllnJwDuE In OrnV•llr 6601.Crqdltors PSHEDNOX.. LOBF Common FundArryrs Tol¥l 340 IB.358 18.358 18.358 189 g)t.161 3420Z 716 ApprLw•d PC¢ on_. ...... ..•nd on Its b•h¥lf ty= Poge 13
Statement of assets and Ilabllltles 2023 Class and nominal code General Designated Restricted Endowment 2023 2022 Fixed Asset-Tangible A55ets 6430." Halls Total Current Asset. Cash At Bank And In Hand 00725891.. P C C current account 00728017.- Parish Churchyard bank account 02441106.. St Peters church hall bank CB3028040.' CCLA Hednesford - Contingency PCCHRCCGB.. 32 Day Deposit account Total Liability- Creditors: Amounts Falllng Due In One Year 6601.. Creditors Total 550.000 550.IXIO 550.000 550,000 550,000 $50.000 12,1791 3,400 12.743 lio,0001 1,883 18,2391 31,505 65.547 69,757 1701 1,151 2,470 2,743 5,966 1,883 1,454 29,634 41.773 65,547 113,783 100.960 165.449 6,367 24,905 6297 12,1801 12.1801 2,368 2,368 189 189 51,438 51A38 Net total assets 621.936 24,905 3,928 650.770 664,010 Analys15 of receipts and payments 2024 Unrestricted Desl8nated Restrlcted Endowment 2024 2023 RECEIPTS Donations and legacies 0101- Gift Aid- Collections 0110- Gift Aid- Envelopes 0201- Other planned giving 0301- Loose plate collections 0302- Weddin8&Funeral collections 0303- Contactless 0410- Giving through church boxes 0550- Donations appeals etc 0601- Tèx recoverable on Gift Aid 0701- Legacies 08AI - Non-recuriing one-off grants Donations and lega¢iesTota15 Income from charitable actlvitles 0901 Other funds generated 0902- Heating Weddings&Funera15 1101- Fees for weddings and funerals 1102 - Fees Remembrance book 1230- Church hall lettings Income from charitable activities Totals Investments 1020- Bank and buildlng soclety interest Investments Totals Receipts Grand tota 14,179 14,179 9.530 5,808 4,595 4.553 3,944 6,033 656 807 4.579 3,559 656 807 15 385 69 11,7601 7,004 2.759 S,214 1,000 25,000 300 1,500 26,483 64,713 12,2951 2,759 1,000 300 25,548 534 935 4,449 855 13,089 12 4,462 5,500 855 3.607 13,215 14,393 49 12,184 11,310 30,717 34,861 126 341 18,736 11.842 11,968 12 2.244 2,244 46.529 242 242 255 150 150 13,054 2,637 4,162 2,637 4,162 59,838 103,737 Poge 14
PAYMENTS Rai51ng funds 1730- Costs of fetes & other events 1740- Bank Charges Ralslng funds Totals Expenditure on charitable activities 1801- Giving to missionary societies 1870- Secular charities 1910- LDBF Common Fund 2060- Music Staff payments 2101- Working expenses of incumbent 2130- Vicarage expenses 2150- Vicar's telephone 2201- Parish training and mi55ion 2301- Church running- insurance 2310- Church- internet 2325 Organist and Verger costs 2330- Church maintenance 2331- Cleaning 2340- Upkeep of services 2345- Choir and Brigade support Costs 2350- Upkeep of ¢hurchyard 2359- Printer Lease Rental 2360- Administration 2361- Postage and stationery 2370- Refreshments/FlowersJGifts 2401 Church runnin8- electric 2410- Church runnin8- gas 2420- Church running- water 2440- Church running- heating and lighting 2530- Hall runnlng- electricity 2540- Hall running- gas 2550- Hall runnin8- in5uraAce 2560- Hall running- maintenance 2570- Hall running administration 2580- Hall running- water 2590- Hall running- heating and li8hting 2601- Governance costs examination/audit fee 2710- Church major repairs installation Expenditure on charitable activities Totals Payments Grand totals 154 285 154 285 440 330 330 300 984 25,700 40,649 1,500 25,700 1.500 409 367 453 55 171 674 55 171 674 992 609 1,500 5,331 33,192 1,070 1,014 548 1,365 12.641 13.869 1,688 5,900 1,843 116 4,364 1,070 1,014 280 686 12,641 5,900 763 2,622 226 255 3.981 255 3,981 2.280 1.705 1,752 876 2,961 8,647 107 139 9.617 1.752 2,961 107 139 9.617 80 600 45,616 46.057 4,823 20,088 20,088 5,423 78,628 116,977 79,068 116,977 12,922 12.922 P179e 15
Fund movèment by type 2024 Fund Churchyard Designated Sub-totals Opening Incomlng Outgolng Transfers GalnslLosses Journals Closing 11,365 11.365 134 134 12.641 12,641 202 202 9,660 9,660 8.720 8.720 Contlngency Designated Stotal$ 8,525 8,525 50 50 441 441 4.030 4,030 13,047 13.047 Decoratlon Restrirted Sub-totals 62 62 250 250 2.805 2,805 3,117 3.117 Junior Church Designated Restricted Sub-totals 348 13491 1901 14391 87 87 357 357 354 354 Organ Designated Restricted Sub-totals 4,668 70 130 200 11,6361 5,611 8,714 130 8,844 4,668 11,6361 5,611 St Peter Hall Restricted Sub-tota15 11,842 11.842 15,265 15.265 13,4231 13,4231 StP Repair Designated Restricted Sub-totals 280 4,823 5,104 4,000 3,719 18961 2.823 3,928 3,927 4.000 General Unrestrirted Sub-totals 621,936 621,936 46,529 46,529 46,057 46.057 12,8211 12,8211 143,1271 143,1271 602,161 602,161 Totals 650.770 59.838 79.068 121,5931 635,648 Page 16
Fund movement by type 2023 Fund Churchyard Oesignated Sub-tota15 OpeninB Incoming Outgoing Transfers GainslLosses Journals Closin8 12,800 12,800 565 565 12,0001 12.0001 11,365 11.365 Contingency Designated Sub-tota15 18,189 18,189 635 635 110,3001 110,3001 8,525 8,525 Junior Church Designated Restricted Sub-totals 348 1.365 1.365 11,3691 11,0291 io 348 Organ Designated Sub-totals 4,832 4,832 235. 235 14001 14001 4,668 4,668 StP Repair Designated Restricted Sub-totals 330 3,754 4,085 13381 173 180 3,928 3.927 13381 General Unrestricted Sub-totals 622,736 622,736 102,111 102,111 116,977 116.977 14,065 14,065 621,936 621,936 Totals 664.010 103.737 116,977 650,770 Staff Costs The PCC did not have any employees in the previous or current year There were no employee benefit5 to key management personnel in the previous or current year. Donations from Related Partles Donatior¢s from 9 related parties IPCC membersl during the year totalled £7,887 INO figures for 20231. All these donations were received without conditions. Remuneration paid to Trustees None of the trustees have been paid any remuneration or received any other benefits from employment with the PCC or details of any trustee that was paid Expense5 paid to Trnstees One trustee wa5 reimbursed E1291£354 20231 for travel to funerals during the year. Poge 17
Fees for the examination of the accounts 2024 2023 Independent Examinels fees 630 Other fees - Bookkeeping 150 780 Total Anal si of Transfer between Funds 2024 Debit Credit Descrlptlon Fund Fund Type Unr -1,944.00 1.944.00 Tfr from 00725891 to 00728017 Tfr from 00725891 to 0072801? Tfr from CB3028040 to 00725891 Ctsntingency to General Tfr from 00725891 to 00728017 Tfr from 00725891 to IDS Account General to decoration Tfr from Contin8eTrcy to Churchyard 00725891 to correct Tfr from Contingency to Churchyard 00725891 to correct Tfr from Contingency 00725891to correct Tfr from Contingency to Churchyard 725891 to correct General General Unr 2,000.00 General General Unr 202 Unr 250 General Unr 2,575.60 Churchyard Des 3,241.06 Churchyard Contingèncy Des Des 83.34 2,575.60 Contin junior Church ency Des 83.34 Tfr from Contingency 00725891to correct Tfr from Contingency to Churchyard 00725891 to ¢orre¢t Tfr from General to Parlsh Churchyard KB tid Tfr frorn General to Parish Churchyard KB tidy u Tfr from 00725891 to 00728017 Tfr from 00725891 to 00728017 Tfr from 00725891 to 00728017 Tff from General to Churchyard 00728017 to correct Res 3,241.06 Contingencv Des io.000.00 General Unr io.000.00 -1,944.00 1.944.00 202 Churchyard Churchyard Churchyard Church ard Des Res Re5 Des 5,542.64 Churchyard Des Tff from General to Churchyard 00728017 to torrect Tfr from St Peters Hall to general KB tidy 5,542.64 General Unr 2,368.65 st Peter Hall Res Tfr from St Peters Hall to general KB tldy up 2,368.65 General Unr Poge 18
Tfr from contingency to general CB3008568 to corFect Tfr from contingency to general CB3008568 to correct 477 Contin8ency Des 477 General Unr Tfr from Junior to Contingenry. Not all of the CCLA Statements were sent tts me at the beginning of the year. These fund5 a in C83028039 Junior Church 348.02 Des Tfr from Organ to Contingency. Not all of the CCLA statements were sent to me at the beginning of the year. These funds a in CB3028042 1,635.43 Contingencv Des Tfr frorn Junior to General. Not all of the CCLA statements were sent to me at the beginning of the year. These funds a in CB3028039 -348.02 General Unr Tfr from junior to Contingency. Not all of the CCLA statements were sent to me at the beginning of the year. These funds a in CB3028039 348.02 Contingency De5 Tfr from Junior to Contingency. Not all of the CCLA staternent5 were sent to me at the beginning of the year. These funds a in C53028039 Tfr frorn Parish Churchyard to General KB tldy up and contra Tfr from Parish Hall to Contingency. Not all of the CCLA statements were sent to me at the beginning of the year. These funds were not shown in 2023 Tfr from Contingency to Gifts and Repair fund to tidy up Tfr from Organ to Contingency. Not all of the CCLA statements were sent to me at the beginning of the year. These fund5 a in CB3028042 Junlor Church 90 Res 10,000.00 Churchyard Des 2,368.65 St Peter Hall Res 4.OW.76 Contingency Des 1,635.43 Or an Des Tfr from Junior to General. Not all of the CCLA statemenls were sent to me at the beginning of the year. These funds a in CB3028039 348.02 General Unr Tfr frorn Parish Hall to Conlingency. Not all of the CCLA Statements were sent to me at the beginning of the year. These funds wère not shown in 2023 2,368.65 Contingency De5 Tfr from Junlor to General. Not all of the CCLA statements were sent to me at the beginning of the year. These funds a in C83028039 Tfr from Parish Churchyard to General KB and contra Junlor Church -348.02 Des io.000.00 General Unr Tfr from junior to General. Not all of the CCLA statement5 were sent to me at the beginning of the year. These funds a in CB3028039 lunlor Church 348.02 De5 Page 19
Tfr from Contingency to Gifts and Repair fund to tidy u Tfr from Junior to Contingency. Not all of the CCLA statements were sent to me at the beginning of the year. These fund5 a in CB3028039 Tfr from CB3028040 to 00725891 Contingency to General Tfr from Junior Church to Contingency C83028Q40 to correct Tfr from Churchyard to contingencv CB302040 to corrèct 4,Otx).76 StP Repair Des 90 Contin enc Des 2,000.00 Contin enc De5 83.34 Contingency Des 3,058.66 Churchyard Des Tfr from Churchyard to General CB3028040 to correct 5,065.64 Churchyard Des Tfr from Churchyard to contingency CB302040 to correct Tfr from St Peters Gift5 and Repair fund to contingency C83028040 to correct Tfr from St Peters Gift5 and Repair fund to contingency CB3028040 to correct Tfr from Churchyard to contingency CB302040 to correct Tfr from Churchyaid to General C83028040 to correct 3.241.06 Contingencv Des 1,908.35 StP Re Re5 1,908.35 Contin ency Dès 3,058.66 Contin enc De5 5.065.64 General Unr Tfr from Junior Church to Contingency C83028040 to correct Tfr from Churchyard to contingenry CB302040 to correct Junior Church 83.34 Res 3,241.06 Churchyard Des Tfr from Contingency to Churchyard CB3028041 to correct Tfr frorn Contingency to St Peters Gifts and Repair fund CB3028041 to correct Tfr froTn Contingency to Churchyard CB3028041 to correct Tfr from Contingency to St Peter5 Gifts and Repair fund CB3028041 to co¥rect Tfr from 00725891 to IDS Account General to decoration 6.06 Contineencv Des 1,908.35 Contingency Des 6.06 Churchyard Des 1,908.35 StP Re Res 250 Decoration Re5 Poge 20
Anal SSS of Transfer between Fund5 2023 Debit Credit Descrlptlon Fund FundTrpe Unr 50 General General 1,365.83 900 Unr General General Unr 400 Unr 50 General General General Unr 50 Unr 50 Unr 50 General General General Unr 50 Unr 50 Unr 50 General General General Unr 10,000.00 Unr 50 Unr General General Unr 2,000.00 Unr 50 General Unr 50 General Contingency Contingen an Unr 50 Des 900 Des 400 Des 1,365.83 Junior Church Res 50 Contin ency Contlngency Contingencv Contingencv Contingency Contin enc Des 50 Des 50 Des 50 Des so Des 50 Des 3.07 Junior Church Res 337.5 StP Repair junior Church lunlor Church Contingency Contingencv Contingencv Contingency Churchyard Contingencv Contingency De5 337.5 Des 3.07 Des 50 De5 10,000.00 Des 50 Des 50 De5 2,000.0 De5 50 Des 50 Des Poge 21
Fixed Assets al Tan8ible Fixed Assets Freehold Building5 Total Asset5 Cost or Valuation A5atlJan Addition5 in the Year Disposal in the Year Revaluation lif anvl Value at 31 Dec 550,000 550,000 550.000 550.000 Accumulated Depreclatlon AsatlJan Charge for the Year Dlsposals Value at 31 Oec Net Book Value at l Jan 2024 Net Book Value at 31 Dec 2024 550,000 550.000 550,OCM) 550,000 St Peter's Church Hall- £550,000 20241£550,000 20231- PCC to decide whether to revalue on an annual basi5 using the Nationwide Indes for 2025 bl Fixed Asset Inve5tment5 The PCC does not hold any Fixed asset investments Poge 22
LiabÉlitiÈs Liabilitie5 due within one year 2024 2023 Agen LDBF Cornmon fund arrears 340 18.358 Total 18,698 Debtors 2024 2023 LDBF Common Fund 7.800 Total 7,81)0 'Not sIKJwn in the Attounts In 2023. Introducedlnto the accounts in 2024 Poge23
summary of Assets by Fund 2024 Unrestrlcted 602.161 Deslgnated Restricted Endowment 2024 602,161 8,720 13,047 2023 621,936 11,365 8,525 General IUnre5trsctedl Deslgnated - Churchyard Dè5ignated- Contingency De5ignated- junior Church Designated - Organ Designated StP Repair Restricted- Decoration Restricted - Junior Church Restricted- Organ Restricted St Peter Hall Restricted- StP Repair Total 8,720 13.047 8,714 3,719 8,714 3,719 3,117 354 130 13,4231 18961 635,648 4.668 3.117 354 130 13,4231 18961 17161 3.928 650.770 602,161 34.202 Summary of Assets by Fund 2023 Unrestrlcted 621.936 Oesignoted Restrlcted Endowment 2023 621,936 11,365 8,525 348 4,668 2022 622.736 12,800 18,189 General IUnrestri¢tedl Designated Churchyard Designated Contingencv De5ignated- Junior Church Designated- Organ Designated StP Repair Restricted-junlor Church Restricted StP Repair Total 11,365 8.525 348 4,668 4,832 330 1,365 3,754 664,010 3.928 3.928 3.928 650,770 621.936 24,905 Poge 24
Receipts & Payments Comparatives Previous Year 2023 Unrestricted Designated Restricted Endowmeni funds funds fund5 funds 2023 2022 Receipts Donations and legacies Income from charitable activities Other trading activities Inve5tment5 Other income Total intome 64,713 34,861 64,713 42,739 34,861 47,273 2,S36 1.449 176 4,162 1.148 102,111 IW9 176 103,737 91.162 Payments Raising funds Expenditure on charitable activities Green Heath Community Church Other expenditure Total expendlture 116 116,977 111,413 116.977 116,977 116,977 111,529 Net Income I lexpenditurel resources before transfer 114,8671 1,449 176 I.240){20.3GS) Transfers Gross transfers between funds- in Gross transfers between fund5- Out Other recognised gains I105ses Gainsllosses on investment assets Gains on revaluation. fixed assets. charity's own use Net movement in funds 14,665 16001 940 113,6381 11,3691 15,606 7,6QO 115,607117,6(x)I 18011 111.2481 11.1931 113.2401120.3681 Reconciliation of funds Total fund5 brought forward 622,736 36.152 5.120 664.010 687.272 Total funds carried forward 621.936 24.905 3.928 650,770 666,905 Poge 25