The Parish of Littleham-cum-Exmouth comprising St Margaret & St Andrew's Church, Littleham & Holy Trinity Church, Rolle Road, Exmouth IPart of the Mission Community of Llttleham cum Exmouth with Lympstonel Addressforcorrespondence.. The Mission Communityoffice, Holy Trinity Church, Rolle Rood, Exmouth, EX82AB The Parochial Church Council of the Ecclesiastical Parish of Littleham cum Exmouth Annual Report & Financial Statements of the Parochial Church Council for the year ended 31st December 2024 Team Rector: The Reverend Steven Jones Team Vicar: The Reverend Benedict Cambridge Curate.. The Reverend Shaun Tipton Bankers.. TSB Bank plc, The Strand, Exmouth Investment Managers: CCLA, One Angel Lane, London, EC4R 3AB Independent Examiner: James Bick Esq. Bick Accountants Limited Chartered Accountants 18a Littleham Road, Exmouth EX8 2QG Our web site.. htt www.exmouthcoastalchurches.or The Parochial Church Council is a Registered Charity- No. 1128761
CONTENTS Page3-11 Annual Report Page 12 Independent Examiner's Report Page 13 - 14 Summary of Fund5 Page 15 29 Fund Accounts Page 30 Mission and Charitable Giving Page 31 Balance Sheet Page 32 statement of Financial Activitie5 Page 33 - 36 Notes to the Accounts Page 37 General Fund Budget Page 38 Independent Examlner's Report- Glebe House Trust Page 39- 40 AssDciated Charitie5 Accounts
The Parochial Church Council of Littleham cum Exmouth 5t Annual Report for the year ended 31 December 2024 Aims and Purposes Littleham cum Exmouth Parochial Church Council Ithe PCCI ha5 the responsibility of cooperating with the Team Rector and the Team Vicar in promoting, in the eccle5ia5tical parish, the whole mission of the Church, pastoral, evangelistic, social and ecumenical. The Parish 15 part of the Mission Community of Littleham cum Exmouth with Lympstone and is a United Benefice. The PCC 15 responsible, amongst many other things, for the maintenance of St Margaret & St Andrew'5 Church, Littleham and Holy Trinitv Church, Exmouth. Both these buildings have the status of Parish Churche5, Wlthin one parish, and both building5 are Listed Buildings, Grade11 Objectives and Activities The two church buildings form, in effect, the bases from which the work and worship of the Parish of Littleham cum Exmouth is carried out, and in which all who wish to, are encouraged to join. When planning our activities, the PCC has considered the Charity Commission's guidance on public benefit, and in particular the specific guidance on charities for the advancement of religion. Our services and worship put faith into practice through prayer and scripture, music and sacrament. We try to enable people to live out their faith as part of our Mission Community through.. Worship and prayer.. learning about the Gospel, a nd developing their knowledge and trust in Jesus. Provision of pastoral care for people living in the parish. Mission and outreach work. To facilitate this work, it is vital that we maintain the fabric of the Churches, the NND Room in Littleham, and the Littleham Leisure Centre. Achievements and Performance Whilst the 'church' is not about number5, It may help the reader to understand the document better by setting the scene, and stating some statistics. The comparative figures are given for last yea r. Holy Trinity Church is referred to as 'Holy Trinity,, and St Margaret & St Andrew's, Littleham simply as 'Littleham' The number of 'participants' at our two churches, when assessed in June 2024, was 171, an increase of 3 from the number in June 2023. These are those whom we land they) consider to be part of the church family, and either worship with us at least monthly, or would do so if they were able. Baptisms In 2024: Holy Trinity Littleha m Weddings in 2024: Holy Trinity Littleham Holy Trinity 17,. Littleham 18; 11 in 2023 8 in 2023 5 in 2023 5 in 2023 19 in 2023 18 in 2023 Funerals in 2024.. In 2024 our clergy led I service at the 2 local crematoria: 5 in 2023
In the Churchyard at Littleham there were 24 full burials in 2024123 in 20231 and 34 interments of ashes 120 in 20231. The members of the Ministry Team lead service5 for different sectors of the community, including three schools, 'Celebrate Exmouth, Iworship with people with learning disabilities), a Civic Service, the RNLI. and the Royal British Legion. As ever, we owe a huge debt of gratitude to our retired Clergy and Readers, as without them we could not undertake half of what we do. At Littleham the average attendance for 2024 on Sundays wa5 60. At Holy Trinity the average was 81. Deanery Synod Ayesbeare Deanery Synod comprises clergy and lay representatives of the parishes within the Mi55ion Communities of Littleham cum Exmouth with Lympstone, Raleigh, Withycombe Raleigh and White Cross. Our parish lay representatives during 2024 were Mr Paul Stock, M r Keith Moore, Mr Stephen Thomas and Mrs Margaret Elms. After Six months vacancy, IRev'd Fr Robert Sellers (Rector of Withycombe Raleigh) having stepped-down from the position of Rural Dean on health groundsll, Rev'd Steve Jones was commissioned by the Archdeacon of Exeter as Rural Dean at a service at Holy Trinity church on 18, of June 2024. The synod had met that February in the village hall at Exton under the Lay Chair (with the Archdeacon of Exeter in attendance) and did so under the chairmanship of the newly appointed Rural Dean in the village hall of Clyst St George in the last meeting of Deanery Synod in November 2024 Church Fabric: a) Littleham: The churchwarden5 can report that the fabric of the church remains in good condition. This year has seen the installation of a bike rack outside the church. Various small jobs have been carried out in accordance with the West Access twice yearly report with a few more scheduled in the New Year. Maintenance to the NND room has also been undertaken which included a repair to guttering and replacement of some missing wooden shingles at the front of the buildi ng. The light in the main lych gate has been replaced as water had caused the failure of the original. Debra Frost and Stephen Thomas bl Holy Trinlty.. Holy Trinity.. 2024 was the 200 Anniversary of a Church on the current 51te. We have seen the new projector screen, installed further back in the Chancel so that the sun does not affect its visibility. Unfortunately it was not Possible for the original location to be used as the high levels involved made it unviable, but we're sure the new location works well. The church is now beginning to show its age with a number of repairs needed, the Stairwell has suffered some water egress and plaster damage and the wall up to the Den has shed plaster back to the brickwork, some of the beam cladding in the ceiling over the Font ha5 moved slightly and investigations are under way. With the question over the water egress into the organ loft and damage to the Organ still unresolved, although we have now engaged a new architect who is working on the water problem as a project to lix once and for all, especially with much heavier and sustai ned weather condition5 that now prevail.
A new major project to update our church and make it fit the next 50 years is currently being discussed and some outline will be published during 2025. Finally, We are pleased to report all goods and ornament5 are in good order. Mike Goom & Paul Stock. Mission and Evangelism Our monthly magazine, 'The Net, continues to have a print-run of some 250 copies, and gives details of what is coming up, and reports on previous activities. We asked for contribution5 of £12 per year to cover the cost of this 20 page magazine. It is also available on-line at our web site.. www.exmouthcoastalchurches.or The Mission Focus Committee is allocated IOYO of the tota1 of our income from regular voluntary giving during the previous year, and a list of to whom this money was given in 2024 is given later in this document. The committee is also responsible for arranging, with the consent of the Team Rector, for visiting speakers to come to tell us about the work of the Societies we are supporting by prayer and finance. In our Mission Action Plan we have used Bishop Robert's 3 key priorities: 'Growing in Prayer, Making new Disciples and Serving the People of Devon with Joy,, to guide u5 in all that we have done. Other Activltles We continue to publish details of all our activities at the time of the Annual Meeting. However, a lack of both financial and human resources has prevented us from updating tho excellent full colour document we produced in 2018. Activities range from bell-ringing to walking and the Memory Café. Financial Review The original budget for 2024 for the General Fund was set at a deficit of over £16,000. It is theretore very pleasing to report that the Fund achieved a surplu5 of £1,409. This is before investment gains of £1,183, and after £3,919 was transferred from restricted funds. This included "donation" transfers of £310 each from Holy Trinity Church and Littleham Church Flower Guilds. Also pleasing to note is the increase in receipts through envelopes, standing orders and the Parish Giving Scheme. This has risen from £112,800 in 2022 to £117,800 in 2023 and £127,995 in 2024. In October, Gift Sunday was again held, and people were asked to pray and consider their giving. In my letter to the church members l asked for donations totalling £6,500. In the event just under £7,000 was raised and allowed for the General Fund to achieve its small surplus. Thank you to everyone who has been able to give this year. Please see me, or contact the Mission Office, if you need more information about giving or how to increase your giving. "Balancing the books" in 2025 will again be difficult. A £7,900 deficit budget has been set on the General Fund. Energy costs appear to be stabili5ing at £25,000 a year, but close monitoring of costs will continue to be made and the introduction of energy efficiencies will help.
Mention should be made of the Give to Go Green Campaign at Littleham Church which has raised over £33,000 in grants, donations and gift aid in 2024. These monies will be spent in 2025. Finally, I would like to give thanks to Bob Soutter, who has continued to act as Gift Aid Secretary and Cashier (counting and taking the money to the bank each weekl. His support and knowledge during the vear has proved vital to me. Clive House, PCC Treasurer Reserves Policy The PCC has resolved to maintain, if possible, a balance on our Unrestricted Fund, which equates to at least three months, unrestricted payments to cover emergencies. The Unrestricted Fund reserve figure at 31, December 2024 was £93,871,. it was1£94,365 in 20231. Overall reserves at 31" December 2024 were £276,869,.1£219,727 in 20231, but a significant portion, £109,970, of these f unds are restricted to specific purposes. For example, as mentioned above the Give to Go Green Fund has over £30,000, the Fabric Restricted Fund balance of £18,077 represents monies held to repair and maintain the fabric of the buildings. Over £73,000 of the total is an 'Endowment Fund,, where we cannot touch the capital. It is our policy to invest any short term surplus funds with the CBF Church of England Deposit Fund. Monies which will be retained for the longer term, or are held under Trust and cannot be spent, are invested either with the CBF or in M&G Charifund Units, following the lead set by the Exeter Diocesan Board of Finance. We believe that both have sound ethical policies. Safeguarding The PCC ha5 complied with the duty under section 5 of the Safeguarding and Clergy Discipline Measure 2016 (duty to have regard to House of Bishops, guidance on safeguarding children and vulnerable adults). Volunteers The members of the PCC would like to thank al I the volunteers who work 50 tirelessly to make our Churches lively and vibrant communities. Our special thank5 go to our Churchwardens.
Review of the Year: The Team Rector, the Reverend Steve Jones, writes lin his capacity as Team Rector of the Littleham cum Exmouth with Lympstone Mission Community) The year 2024 has been a very busy one for our parishes. A significant event for the whole diocese this year has been the appointment of the Rt. Rev'd Mike Harrison a5 the 72nd Bishop of Exeter. Bishop Mike's key message, as he took over as Bishop of Exeter, was for us to 'prioritise ministry to children and their fam ilies,. Bishop Jackie Searle, Bishop of Crediton, who had been Acting Bishop of Exeter following Bishop Robert Atwell's retirement, announced in September that she was a Iso goin8 to retire in January 2025. Therefore, it has been a year of many changes at the top. During 2024 we have continued to hold Sunday services in each of our three churches, with the contemporary services known as Awake Church ILittlehaml and Journey Church (Lympstonel taking place on the f irst and third Sunday of the month. Common Worship services have taken place on the other Sundays, and each Sunday at Holy Trinity. At Lympstone the Journey service has now developed a team of lay poople who lead the whole servite once a month. At Holy Trinity, in October, we started trialling a new Service called Hygge Church, which meets at 4.00 pm on the f ir5t Sunday of the month. This interactive service is focused upon reaching families with young children. The f irst three trial services were well attended, and the trial has been extended into 2025. We have also continued to offer a Wednesday morning Holy Communion service that rotates weekly around the Mission Community. Attendance at our services across both parishes has remained generally strong. During 2024 we have continued to work closely with our three Church of England schools. During 2023 we were able to come to an agreement with the Beacon primary school about establishing a Beacon School Garden in the unconsecrated grounds of Holy Trinity Church. On the Ilth of March Bishop Jackie attended Holy Trinity to lead a special service with the Beacon school children, and then she led a procession out into the church grounds to bless the new garden. On that day Bishop Jackie also visited Littleham primary school and saw the new library which the Littleham-cum-Exmouth PCC had helped to upgrade. In December we were able to discuss with Lympstone primary School new way5 in which we might partner together, by putting on new events and services for the children in Lympstone thurch, and also by sending a team to work with the children in the school. This year also saw us embark upon an exciting new project with Exmouth Community College. In September, in partnership with ECC, the Exmouth parish employed Dr Louise Prideaux as part-time chaplain for the college. In this role she is available to provide pastoral support to children, staff and parents. At Easter we had some wonderful 5pirit-filled and well-attended services in our churches, including an Ecumenical Sunrise Service down at the Lifeboat Station. On Easter Saturday Littleham church put on a fabulous Easter Egg Hunt, which was attended by many families and children. In June Bishop Nick McKinnel came and led a deeply moving Conf irmation Service at Holy Trinity church, during which eleven candidates were conf irmed. A week later Archdeacon Andrew Beane conducted his Vlsltation at Holy Trinity, at which time he also commissioned me as Rural Dean of Aylesbury Deanerv.
This year has been a big year for the Holy Trinity congregation as the 14th of October marked the 200th anniversary of the consecration of the church. In preparation for that milestone, in July, there was a special celebration weekend at the church including a f lower festival, a community art competition, Songs of Praise, and also a well-attended community fete. The fete included scores of teddy bears flying down a zipwire from the top of the church tower into the waiting arms of those who had purchased them. This event raised additional finance to support the work of the parish. On the 14th of October, we had Bishop Jackie come and lead a special Holy Communion service to recommission the Holy Trinity congregation for their next season of Gospel ministry. At the end of the service, we were able to give Bishop Jackie 8 gift in recognition of her forthcoming retirement. During the surrounding October week, we also had the Dean of Exeter Cathedral come to preach at Choral Evensong, the Exmouth Shanty Men who put on a concert, and we listened to two fascinating history talks about Exmouth and the church. In the summer we welcomed Nick White as the new Youth and Families Worker for the Exmouth parish. Nick came to us with lots of experience of working with young people and has proved to be very creative addition to the staff team. In August we also ran a very successful beach outreach event, which was done in partnership with several other local churches. September saw us welcoming back the Extreme Tour Youth Outreach Team from the USA. The team focused mainly on Littleham this year, and they were able to share their love of Jesus Christ with many local young people and adults. Lympstone did some excellent environmental mission work during the year, including hosting again the highly successful Wild About Lympstone eco-event, running a Sunday service entitled, Creation, Biodiversity a nd Climate Change, and developing an outstanding plan for the eco-management of Lympstone closed churchyard in partnership with EDDC. This year in June we welcomed Rev'd Shaun Tipton as our new ordained deacon SSM A5SlStant Curate. Shaun and his wife Tracey live in Sidmouth and Shaun joins us for ministry three day5 a week. In the early summer Rev'd Jonathan Reynolds was formally signed-off from his curacy, unfortunately, however, he wa5 not able to fully complete his time with us due to ill health. Alan Dabreo, our Lympstone organist and choir director sadly left us at the end of the year as he was moving to Brighton and Hove for work. Charlie Price, our organist at Littleham, also sadly left us as he decided to take a different path with his degree course which took him away from Exeter. Abigail Webber, our Lymp5tone Children's Worker has been on compassionate leave for most of the year, caring for her very sick daughter. We hope and pray that circumstances are such that Abigail is be able to ful ly rejoin the team in early 2025. 2024 has also very much been the year of the Mission Community Eco Church Team, as they have sought to lead all three churches into greater sustainability and environmentally friendly ministry and fellowship. Not only did the team lead Littleham in the Give to Go Green Project, which raised £IO,UOO for upgrading work at Littleham church in just 6 weeks, but through that project they attracted a matching grant of £10,000 from the national church. After a great deal of hard work, this year, Littleham became the first parish church in the Diocese of Exeter to attain the Eco Church Gold Award, which made it one of only 36
Gold Award parish churches in England. Lympstone and Holy Trinity were also overjoyed to be awarded their Eco Church Silver Awards this year. During 2024 we decided that we needed to deal, once and for all, with the persistent water ingress in the South Aisle roof, the organ loft roof, and the choir vestry roof at Holy Trinity. The organ has already been damaged by the water and will not be repaired until the roof situation has been fixed. We engaged a new architect this year who is helping us move forward at a good pace. Ecumenical partnership through the Exmouth Area Christian Leaderfs Network has continued to f lourish during the year, as has our developing working relationship with Withycombe Raleigh parish. Christmas 2024 was a wonderful time in both parishes, one of the highlights being the Christmas Tree festival at Lympstone which attracted twenty-seven community trees. Lympstone Saw a12rge attendance at its Christmas services, in large measure due to the Specially designed Christmas card f rom the parish to the village, which were hand delivered to every home in Lympstone. Most amazingly, given the financial challenges in our country today, through the sacrif icial giving of God's people and the Lord's miraculous provision both Lympstone and Littleham-cum-Exmouth ended the year financially in the black. I would like to thank both of our treasurers for their sterling work during the year to get us to this point. This year we have lost some great saints. As we end the year, we remember each one of them, rejoice that they are now with the Lord in Heaven, and we thank God for those who cared for them during their final season of life. I would particularly like to thank all the clergy, stipendiary and retired, for their sacrificial ministry during this year, and a150 the Mission Community chLJrchwardens and staff team for their great devotion to God and dedication to Christian service. Most particularly, I would like to thank my fellow priest and ministry partner, Rev'd Benedict Cambridge, for sharing with me the privilege of daily leadership of such an amazingfamilyof churches. Structure, Governance and Management The method of appointment of PCC members is set out in the Church Representation Rule5. The Council comprises the Team Rector, Team Vicar, Asslstant Curate, the Churchwardens, and, if the Annual Meeting decides, one or more representative of the Licensed Readers. In addition, those elected to the House of Laity of Deanery Synod las well as Diocesan and General Synods where appropriatel are ex-officio members, while members of the parish laity are elected at the Annual Parochial Church Meeting for a term of three years or a lesser period to fill casual vacancies. Finally, the PCC may co-opt a limited number of members if it so requires. PCC members are responsible for making decisions on all matters of general concern and importance in the parish, and for all financial matters. At the first meeting of 2024, on 3151 January 2024, PCC membership stood at twenty (with two co-opted), and, although some member5 changed during the year, the number at the end of the year was the same. The first meeting after the 2024 APCM took place on 17, April 2024 and the PCC subsequently met in May, july, September and November. Attendance averaged 78%. Urgent PCC business was also carried out by Correspondence on six occasion5.
Administrative Information The PCC is a body corporate IPCC Powers Measure 1956, and the Church Representation Rule5 20061 and 15 8 registered Charity, number 1128761. As such, this document 15 filed with the Charity Commission each year and is open to inspection by everyone. The address for correspondence is.. The Administrator, The Mission Community Office, Holy Trinity Church, 2 Rolle Road, Exmouth, EX8 2AB. Telephone= 01395 263681 The PCC members who Served during the period from 1st January 2024 until the date this report was approved are.. Team Rector.. Team Vicar: Assistant Curate: Team Deacon Churchwardons: Littleham= The Reverend Steven Jones The Reverend Benedict Cambridge The Reverend Jonathan Reynolds (to July) The Reverend Shaun Tipton (From June) Mrs Debra Fr05t Mr Stephen Thomas Mr Michael Goom Mr Paul Stock Holy Trinity: Deanery Synod Members.. Mr Stephen Thomas Mr Keith Moore Mrs Margaret Elms Mr Paul Stock Diocesan Synod Members Mr Robert Soutter Ito October) Mr Paul Stock Elected Members= Mr Keith Moore Mrs Liz Welch Dr Peter Stiff Mr Mike Evershed Mrs Sue Moseley Mr Clive House Mr Timothy Biggs Mr5 Sue Carrahar Mr Nick White Mr David Knight Ms Liz Matheson (to 2024 APCMI (to 2024 APCMI Ito 2025 APCMI (to 2025 APCMI (to 2025 APCMI Ito 20261 Ito 20261 (to 20261 Ito 20271 Ito 20271 (to 20271 10
Co-opted Members.. Mr Martyn Haley Ito 2024 APCMI Mr Timothy Chappell Ito 2024 APCMI Mrs Sarah Clarke (to 2025 APCMI Mr David Peers Ito 2025 APCMI PCC Secretary PCC Treasurer Mr Keith Moore Mr Clive House Approved by the PCC on the 29th January 2025 and signed on its behalf by.. Rev'd Steve Jones, Team Rector and Chair of the PCC Meeting Mr el Goorn Churchwarden
Independent Examlnerfs Report to the Trustees of The Parish of Littleham-cum-Exmouth report on the accounts of The Parish of Littleham-cum-Exmouth for the year ended 31 December 2024 which are set out on pages 13 to 36. Responslbilities and basis of report A5 the charity's trustee5 you are responsible for the preparation of the account5 in accordance with the requirements of the CharSties Act 20111'the Act'l. I report in respect of my examination of the charity's accounts carried out under 5ectiDn 145 of the Act and in carrying out my examinatlon I have followed all the applicable Directions given by the ch3rity Commission under section 14515llbl of the Act. Independent examlner's Statement Since the charitvs gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the Act. I confirm that l am qualified to undertake the examination because l am a member of ICAEW, The Institute of Chartered Accountants in England and Wales, which is one of the listed bodies. I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination 8ivinE me ¢au5e to believe that in any material respect.. accountlng records were not kept in respect of the charlty as reqLtlred by section 130 of the Act,. or the accounts do not accord with those records,. or the accounts do not comply with the app11cable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any reoulrement that the accounts give 3 'true and fair view which is not a matter considered as part of an independent examlnation. I have no concerns and have come across no other matters in connection with the examlnation to which attention should be drawn in thls report In order to enable a proper unders anding of the accounts to be reached. mes Bick FCA Chartered Accountant 18A Littleham Road Exmouth EX8 2QG 28 February 2025 12
Llttleham cum Exmouth Parochial Church Council A Summary of our Funds and how they are held (This, technically. is not part of the stalulory accounts.. the more 'formal' format is on pages 31 and 321 Income T.ransfèrs between fund5 LIST OF FUNDS Note Openlng Balance gains on Invesment51 Exp8ndllure Closlng Balanc& 0110112024 3111212024 Unreslricled General Fund 79,133 235,432 232,841 3.917 85,641 D8signaled IUDreslricledl- Fabric Fund Design8led IUnr&slricledl- Parish Dtgilal Project Destgn8led IUnr&slricledl- Holy Tiinily O-5 Group De5ignaled IUnreslricledl- HR Consultancy De5ignaled IUnreslricledl- HT 200 C81ebr81ion De5ignaled IUnreslricledl- Llghlhouse Youth ProjÈcls Total Unrtrstrlct8d Funds 250 10,943 11,429 3,206 2.970 9,811 8.221 1.590 4,000 4,000 1,900 1,500 400 4,788 16,000 1,562 -3,206 3.271 16,000 3.271 94,365 271,163 275.573 3,917 93,871 R8slricled- Refugee Support Project 1,812 1,812 R&slricled Churchyard Account 17,938 56,950 57,542 -2.150 15.196 Reslricled- ECO Pfojects ReslriGled- Fabric Fund 1.007 125 919 214 16,833 7,649 6,405 18,077 Re51riclÉd- Flower Guild- Holy Trinity 1,116 1,360 1,222 -311 943 Reslrlcl&d- Flower Guild- Lilll&h8m 620 2.188 375 -310 2,121 R8slricled- Holy Trinlly O- 5 Group 2.098 1,403 495 Reslricled- Holy Trinlly Music Fund Reslricled- Lighthouse Youlh Projects and Hygge ChurGh Reslricled- Lillleham Church Give Go Gr8en 918 50 968 2.302 18.963 1.509 -2,637 17,118 33,356 3.120 30.235 ReslriGled- Lilllehaffl cuni Extnoulh PCC Community Fund 90 1.688 1,594 183 218 218 Reslricl8d- Lillleham Lelsure Centre 7,474 8,265 7,479 8,260 R8slricl8d Lillleham Tols Terrain 992 2.500 1,508 Reslricled Metnory Caf8 Reslricled Men's Brè2kfasl 159 326 -314 172 278 1,688 1.608 358 Re51riGled Ordinand's Fund 2.604 450 -185 3,239 Re51ricled- Mission and Growth Ischool ChaplainGyI 10.297 2,283 8,014 R&slricled- Mission Cotntnunily Admin Support Fund Reslricled- Lilllehatn Church Bells Fund 4.500 3,537 963 231 172 30 373 Total Restricted Funds 53,600 150.123 69,835 -3,917 109,970 Endowment- Legacy Trusts 71,762 1.265 73,027 Total 219,727 422.551 365,409 2f6,B69 13
Note representÈd by.. Cash in Hand 16 Currenl Accounl." TSB Bank 8,635 Cenlral Board ol Finance Accounts 151,673 Inve51menls General 46,543 Inve51menls- hèld under Tru51 73,027 Equiptnenl- Churchyard Digger Inel value afier deprecialionl 3.000 282,893 Deblots. Prepayments, Accrued Incom8 5,075 287,968 Less Credilors.. -11,099 Net total 276,869 14
THE GENERAL FUND I. INCOME Note 2024 2023 la., Voluntar Income Envelope5, Standing Orders & Parish Giving Scheme Gift Aid recovered on 'normal' giving Collections Grar)ts Donations & boxes Gift Day receipts, inc. Gift Aid recovered Legacie5 not allocated to designated funds 127,995 33,085 7,852 155 8,224 6,962 117,861 30,796 7,435 1,803 8,916 1,719 184,273 168,529 Ib.. Activlties or enerutin unds Use of churches and halls by outside organisations Catering activities for out5ido organisations etc Sale of postcard5 and other cards etc Donations for use of ground5 for car parking Charges for advertisements in 'The Net, + donations 4,390 200 81 4,850 1,860 4,565 256 163 4,850 2,062 11,896 11,381 Ic.. Income rom Investment5 10,469 8,621 Id.. Church Activitles Use of churches and halls by Christian organisations Fees - weddings and funerals Fund raising- church functions Coffee bar income 545 21,679 334 5,568 398 21,768 469 5,451 28,086 28,126 TOTAL INCOME 234,250 217,132 15
2.. EXPENDITURE Note 2024 2023 2a.. Church Activities Missionary and charitable giving Ministry costs: Diocesan Common Fund Clergy and Readers, expenses Church running.. Upkeep of 5ervice5 Heat, light and water Ifor 2023 also see Restricted Energy Fund on page 211 Insurance Maintenance of churches and halls Printillg costs of The Net Other printing, postage, stationery, broadband etc. Bank and finar)cial system charges Salaries.. organists Salaries.. cleaners Indopendent Examiner'5 fees Administrator's salary, and pay roll costs 15,789 119,858 4,767 3,713 14,955 125,608 6,616 4,665 25,747 15,288 10,952 1,986 2,619 711 4,361 4,839 1,890 17,235 2,851 12,747 13,745 1,988 3,476 1,061 5,357 6,189 1,800 16,349 217,407 229,756 2b Raisin Funds Stewardship & Gift Aid envelopes etc. Catering Function5 for outside organ isations Cost of Videos, postcards and other cards etc Costs of church functions Coffee Bar Costs 387 98 1,283 1,416 666 1,575 2,338 3,086 TOTAL EXPENDITURE 232,841 219,744 Net SURPLUS before Investment GAINS 1,409 2,613 Increase on revaluation of Investment Assets ILoss in 20231 1,183 1,091 SURPLUS BEFORE TRANSFERS Add: Net Tran5fer5.' From the Churchyard Fund From Holy Trinity 0-5 Group From Holy Trinity Flower Guild From Littleham Flower Guild From Memory Café From Lighthouse Youth Ministries 2,591 3,704 2,150 695 311 310 314 137 2,103 309 39 3,917 6,508 79,133 85,641 2,450 1,254 80,387 79,133 NET SURPLUS FOR THE YEAR 8alance brought forward 1st January 2024 Balance carried forward 31st December 2024 16
HT 200 Celebration - a Designated Fund {Unrestrictedl Note 2024 2023 Income Donations Gift Aid Recovered Fete Town Band Concert Tickets Todd Gray Evening Shanty Men Concert ticket sales - 500A lo the Shanty Men Refreshments and bar sales al conceris and talks Total Income 501 112 1,969 408 1,066 552 180 4,788 Expenditure Bank and system charges Fete Expenses Fees for talks and concerts Other Expenditure Total expenditure Excess of Income over Expenditure before transfer Less: Transfer to Designated Fabric Fund Net Income after transfers Add: Balance Istjanuary 2024 Balance 31st December 2024 80 562 366 575 1,582 3,206 3,206
HUMAN RESOURCES CONSULTANCY- a Designated Fund (Unrestricted) Note 2024 2023 No Income transactions Expenditure Consultancy fees Total expenditure Excess of Expenditure over Income before transfer Add: Transfer from De5igllated Parish Digital Fund Net Income after transfer5 Add- Balance 1st January 2024 Balance 31st December 2024 1.500 500 500 500 2,400 1,900 1,500 1,500 1,500 1,900 400 1,900 17
PARISH DIGITAL PROJECT- a Designated Fund IUnre5trictedl Note 2024 2023 No Income tran5action5 Expenditure Now HTsound system New HT Screen AV upgrade and Streaming system - Littleham Idepositl Total expenditure Excess of Expenditure over Income before transfer Less: Transfer to Designated HR Consultancy Fund Add.. Balance Istjanuary 2024 Balance 31st December 2024 31,705 4,181 4,040 8,221 8,221 31,705 -31,705 2,400 43,916 9,811 9,811 1,590
HOLY TRINITY 0-5 GROUP- A Designated Fund {Unrestrictedl Note 2024 2023 Income Grant - The Church Insitute Trust Total income 4,000 4,000 Expenditure salary Total expenditure Excess of Expenditure over Income Add.. Balance IstJanuary 2024 Balance 31st December 2024 4,000 2,050 2,050 2,050 2,050 4,000
LIGHTHOUSE YOUTH MINISTRES incorporatlng YOUTH AND FAMILY WORKER- A Designated Fund (Unrestricted) Note 2024 2023 Income Grant from Church Institute Trust Total income 16,000 25,000 25,000 16,000 Expenditure Salarv Other Expenses Total expenditure Excess of Income over Expenditure Add.. Balance Istjanuary 2024 Balance 31st December 2024 13,903 2,097 25,000 16,000 25,000 3,271 3,271 3,271 3,271 18
FABRIC FUND- A Designated Fund (Unrestricted) Note 2024 2023 Income Legacy- Peggy Cooper Grant from Church Institute Trust Listed Places of Worship Grant Scheme Total income 250 10,000 943 10,943 250 Expenditure Upgrade of lighting in Holy Trinitv Dehumidifier for HT vestry Coppicing of Trees Holy Trinity Chu rch Grounds Other experiditure Total expenditure Excess of Expenditure over Income before transfer Plus: Transfer from HT200 Celebration Fund Net Income after Transfers Add: Balance 1st January 2024 Balance 31st December 2024 4,875 1,485 3,096 1,973 11,429 486 3,206 2,720 250 2,970 250 250 250
REFUGEE SUPPORT FUND- A Restricted Fund Renamedfrom AFGHAIV REFUGEE SUPPORT PROJECT Note 2024 2023 Alo Income Transactions Expenditure Return of unspent grant to Benefact Trust Total Expenditure Excess of Expenditure over Income Add.. Balance 1st January 2024 Closing Balance 31st December 2024 1,606 1,606 -1,606 3,418 1,812 1,812 1,812 19
BEACON SCHOOL GARDEN- A Restricted Fund Note 2024 2023 Income Donations Total Income 40 40 Expenditure Planning application Total Expenditure Excess of Income over Expenditure Add.. Balance 1st January 2024 Closing Balance 315t December 2024 40 40
LirrLEHAM CHURCHYARD - A Restricted Fund Note 2024 2023 Income Fees Grant from EDDC Grant from EDDC - additional one off grant Grant from Glebe House Trust for wall repointing Commonwealth Graves Commission Donations Interest Received Gift Aid Recovered Insurance claim for stolen shoring board5 Total income 30,068 20,250 26,802 20,250 2,400 3,000 66 1,840 742 28 66 1,139 816 241 4,370 56,950 55,128 Note 2024 2023 Expenditure Salary, NHI, etc: Sexton Grave Digging Costs Contractors Shoring boards replacment Machinery Costs Boundary Wall Repairs Natural Burial Area specific expenses General Expenses Depreciation of digger Total expenditure 24,575 1,156 18,060 4,796 3,492 23,943 1,133 18,060 2,597 2,500 486 5,287 3,000 57,007 221 2,241 3,000 13 57,542 Exce55 of Expenditure over Income before transfer Less: Transfer to PCC'S General Fund for admin/printing Net Expenditure after transfers Add.. Balance 1st January 2024 Balance 31st December 2024 -592 -2,150 -2,742 17,938 15,196 -1,879 -2,103 -3,981 21,919 17,938 20
ECO PPROJECTS: A Restricted Fund Note 2024 2023 Income Donations Gift Aid recovered Fund raising- ECO Fete, Sale of Marmalade Total Income loo 25 1,068 1,068 125 Expenditure Littleham Leisure Centre - Contribution for Fete Donation to A Rocha UK for ECO work Littleham Church Bike Rack Churchyard Information Board and Lady Nelson Sign Other expenses Total Expenditure Excess of Expenditure over Income Balance 1st January 2024 Balance 31st December 2024 li 50 398 517 919 -794 1,007 214 61 1,007 1,007
ENERGY FUND: A Restricted Fund Note 2024 2023 Income Grant from Church Institute Trust Total Income 25,000 25,000 Expenditure Church running.. Heat and light Total Expenditure Excess of Expenditure over Income Balance 1st January 2024 Balance 31st December 2024 29,300 29,300 -4,300 4,300 21
FABRIC FUND- A Restricted Fund Note 2024 2023 Income Donations Donation for new HT dishwasher Littleham Tower clock donations incl. gift aid Fund raising- Lent lunches Gift Aid recovered Listed Places of Worship Grant Scheme Exeter Diocesan Trust Grant- woodworm treatment Total income 1,550 4,200 631 365 1,175 359 683 783 2,097 7,649 Expenditure Repair5 to clock on West Face of HT Tower Woodworm treatmen- Littleham church New HT dishwasher Other expenditure Total Expenditure Excess of Income over Expenditure Add: Balance 1st January 2024 Balance 31st December 2024 2,522 844 4,153 2,252 2,648 6,014 -3,917 20,750 16,833 6,405 1,243 16,833 18,077 ****¢* FLOWER GUILD- HOLY TRINITY- A Restricted Fund Note 2024 2023 Income Donations and Wall Safe Flower festival coffee bar Flowers for weddings Gift Aid Scone Partv Interest Total income 992 135 524 130 84 303 44 1,085 172 61 1,360 Expenditure Flower festival flowers Flowers etc purchased Total expenditure Excess of Income over Expenditure before transfer Le55: Transfer to PCC'S General Fund Net Expenditure after transfers Add- Balance 1st January 2024 Balance 31st December 2024 194 1,028 1,016 1,016 69 1,222 138 -311 -173 1,116 943 69 1,046 1,116 22
FLOWER GUILD- LIThLEHAM- A Restricted Fund Note 2024 2023 Income Donations,Gift Aid, and Fund Raising Fees for weddings Legacy- Valerie Ellett Interest Total income 128 130 340 2,000 59 32 502 2,186 Expenditure Purchase of flowers etc Total expenditure Excess of Income over Expenditure before transfer Less: Transfer to PCC'5 General Fund Net Income after transfers Add.. Balance 1st January 2024 Balance 315t December 2024 375 599 599 375 1,811 -310 -97 1,501 620 2,121 717 620
HOLY TRINITY MUSIC FUND- A Restricted Fund Note 2024 2023 Income Donations and contribution5 Total Income 50 84 50 84 Expenditure No expenditure duringthe year Excess of Income over Expenditure Add.. Balance 1st January 2024 Balance 31st December 2024 50 918 968 84 834 918
HOLY TRINITY FLAG POLE - A Restricted Fund Note 2024 2023 Income Donations Listed Places of Worship Grant Scheme Total income 190 1,168 1,357 Expenditure Crane Hire, materials, installation costs Total expenditure Excess of Expenditure over Income Add.. Balance 1st January 2024 Balance 31st December 2024 3,736 3,736 -2,378 2,378 23
HOLY TRINITY 0-5 GROUP- A Restricted Fund Note 2024 2023 Income Fees Donations Fund Raising Gift Aid recovered Total Income 1,321 688 89 1,322 708 410 63 2.503 2,098 Expenditure Salary Expenses 908 495 399 2,194 309 1,403 695 Exce55 of Income over Expenditure before transfers Less: transfers to General Fund: Use of Holy Trinity Hall Printing 770 19 700 40 740 431 789 94 Plus: transfer from General Fund to clear overdrawn balance Excess of Income over Expenditure after transfers Add.. Balance 1st January 2024 Balance 31st December 2024
LIGHTHOUSE YOUTH MINISTRES incorporatlng YOUTH AND FAMILY WORKER and HYGGE CHURCH- A Restricted Fund Note 2024 2023 Income Grants.. Hygge Church Grant from the diocese Exmouth Town Council Football for All Spring Harvest Seed Funding Total Grants Donations Extreme Tour donation5 St Georges House Retreat Event Spree Event Hygge Church donations Ice Skating Trip Legacy Gift Aid Interest Total Income 500 1,147 2,500 2,500 3,520 944 2,410 80 1,647 381 369 106 89 16,045 118 208 25 153 9,632 18,963 24
LIGHTHOUSE YOUTH MINISTRES continued Expendlture Salary Extreme Tour Expenditure Hygge Church Expenditure Spree Event St Georges House Retreat Event Other Expenses Total Expenditure Excess of Income over Expenditure, before transfers Less.. Transfers - Spring Harvest Grant120231 to Tot5 Terrain Fund Less.. Transfer to PCC'S General Funds re prlnting Excess of Income over Expenditure, after transfers Balance Istjanuary 2024 Balance 31st December 2024 988 944 342 843 165 1,903 3,291 7,291 2,340 324 1,509 17,454 2,500 137 39 2,301 14,817 2,301 17,118 2,301
LIThLEHAM CHURCH GIVE TO GO GREEN - A Resticted Fund Note 2024 2023 Income Grants: Archbishops Council - Give to Go Green Listed Places of Worship Total Grants Donations Gift Aid Recovered Total Income 10,000 212 10,212 18,195 4.949 33,356 Expenditure Bank charges and Finance system Coffee Bar cost Littleham Church heater installation and drawings Total Expenditure Excess of Income over Expenditure Balance 1st January 2024 Balance 31st December 2024 169 44 2,908 3,120 30,235 30,235
LILEHAm CHURCH BELLS- A Restricted Fund Note 2024 2023 Income Donations Gift Aid Interest other income Total income 126 22 68 15 50 132 172 25
LILEHAm CHURCH BELLS- A Restricted Fund- continued Note 2024 2023 Expenditure Devon Church Bell Resoration Fund donation Total Expenditure Excess of Income over Expenditure Balance 1st January 2024 Balance 31st December 2024 30 30 142 231 132 99 231 373
LITTLEHAM CUM EXMOUTH PCC COMMUNITY FUND- A Restricted Fund Note 2024 2023 Income Donations Gift Aid Recovered Total income 1,500 188 750 1,688 750 Expenditure Support to those at disadvantage in the parish at this time Total Expenditure Excess of Income over Expenditure Balance 1st January 2024 Balance 31st December 2024 1,594 660 660 90 1,594 93 90 183 90
LIThLEHAM DEFIBRILLATOR- A Restricted Fund Note 2024 2023 No income and expenditure transactions were made Balance 1st January 2024 Balance 31st December 2024 218 218 218 218
LIThLEHAM LEISURE CENTRE- A Restricted Fund Note 2024 2023 Income Hire Charges Interest Other Income and donations Total income 7,533 312 420 6,632 229 95 6,956 8,265 26
LILEHAm LEISURE CENTRE- A Restricted Fund- continued Note 2024 2023 Expenditure Cleaner's Salary Hoat, Light, Water Maintenance, Repairs & Insurance General expenses Total Expenditure Excess of Income over Expenditure Balance 15tJanuary 2024 Balance 31st December 2024 4,463 2,333 684 2,594 4,026 187 6,807 149 7,324 7,474 7,479 786 7,474 8,260
LIThLEHAM TOTS TERRAIN- A Restricted Fund Note 2024 2023 Income- No income transactions were made Expenditure Salary General Expenses Total Expenditure Excess of Expenditure over Income, before transfers Plus: Transfers - Spring Harvest Grant120231 from Lighthouse Youth Excess of Income over Expenditure, after transfers Balance 1st January 2024 Balance 31st December 2024 824 169 992 992 2,500 1,508 1,508
MEMORY CAFE AT HOLY TRINITY- A Restricted Fund Note 2024 2023 Income Fund Raising and donations Interest Total income 314 13 63 326 68 Expenditure Craft Materials, etc. Total Expenditure Excess of Income over Expenditure, before transfers Less: Transfer to PCC'S General Fund - use of HT Hall Excess of Income over Expenditure, after transfers Balance Istjanuary 2024 Balance 31st December 2024 36 36 326 -314 13 159 172 32 32 127 159 27
MEN'S BREAKFASTS- A Restricted Fund Note 2024 2023 Income Contributions from Attendees Total income 1,688 1,397 1,397 1,688 Expendlture Cost of Meals Total Expenditure Excess of Income over Expenditure Balance 1st January 2024 Balance 31st December 2024 1,608 1,353 1,353 43 235 278 1,608 79 278 358
MISSION AND GROWTH (SCHOOL CHAPLAINCYI- A Restricted Fund Note 2024 2023 Income Donations Grants Total income 297 10,000 10,297 Expenditure Job adverts, DBS check, expense5 Salary Total Expenditure Excess of Income over Expenditure Balance 1st January 2024 Balance 31st December 2024 201 2,082 2,283 8,014 8,014
MISSION COMMUNITY ADMIN SUPPORT- A Restricted Fund Note 2024 2023 Income Grants Total income 4,500 4,500 Expenditure Expenses Salary Total Expenditure Excess of Income over Expenditure Balance 1st January 2024 Balance 31st December 2024 17 3,520 3,537 963 963 28
ORDINANDS, FUND: A Restricted Fund Note 2024 2023 Income Donations Gift Aid recovered Total Income 360 90 360 90 450 450 Expenditure Conference for lay readers Irefund received in 20241 Total Expenditure Excess of Income over Expenditure Balance Istjanuary 2024 Balance 31st December 2024 -185 185 185 265 2,339 2,604 -185 635 2,604 3,239
PARISH DIGITAL PROJECT- A Restricted Fund Note 2024 2023 No income Expendlture New HT sound system Total Expenditure Excess of Expenditure over Income Balance Istjanuary 2024 Balance 31st December 2024 6,749 6,749 6,749 6,749
LEGACY TRUSTS- An Endowment Fund Note 2024 2023 Income No income in the year (income is credited to general fundsl Expenditure No expenditure Excess of Income over Expenditure PIu5- valuation increase on investments 1,265 1,265 71,762 73,027 629 629 71,133 71,762 Balance 1st January 2024 Balance 31st December 2024 Thefunds represent the A8 Waterfield Tru5t.' the income only is availablefor the upkeep of St Morgaret's Church & Churchyard. The capitol is held by the Exeter Diocesan Board of Finance. 29
MISSION AND CHARITABLE GIVING From PCC From Gifts & f/rai5ing 93 Total funds Children in Need IHT 0-5'sl Children's Society.. Chri5tingle Services CMJ 93 398 398 1,574 6,296 1,574 6,296 456 CMS Bible5 for Beacon and Littleham school Mission Aviation Fellowship Open Door Exmouth The Wave Church Macmillan Coffee Morning at Holy Trinity USPG.. Elephant boxes - for Hospitals 456 3,148 3,148 1,574 3,148 3,148 1,574 250 250 36 36 15,740 1,232 16,972 Last year's totals 15,585 1,789 17,374 30
BALANCE SHEET AS AT 31ST DECEMBER 2024 Note 2024 2023 Fixed Assets Machinery equipment Investment Assets 13 3,000 119,570 6,000 117,122 123,122 122,570 Current Assets Debtors Cash at bank5 and in hand 5,075 160,323 3,571 105,061 108,632 165,398 Less.. Creditors & Provisions Creditors.. amount falling due wlthln one year Provision 11,099 12,028 11,099 154,299 276,869 12,028 96,604 219,726.63 Net Assets FUNDS Unrestricted Restricted Erbdowment 93,871 109,970 73,027 276,869 94,365 53,600 71,762 219,727
VALUATION OF INVESTMENT5 - AT 31ST DECEMBER 2024 stock- General 3161 M&G Charifund Units Cost 10,242 10,242 Market Value 46,543 46,543 45,360 45,360 Stock- held under Trust 1350.84 CBF Investment Fund Shares 20557.52 C8F Property Fund Shares 1145.068 M&G Charifund Income Units 12,218 25,oao 12,218 49,436 59,678 31,235 24,932 16,860 73,027 119,570 30,536 24,794 16,432 71,762 117,122
The notes on page 33 to 36 form part of these accounts. Approved by the Parochial Church Council on the 29th January 2025, and signed on its behalf by everend teven Jones Chair of the Parochial Church Council meeting held on 29th January 2025 Clive House Treasurer to the Council This Annual Report and FinLinciLII Statements were accepted at the Annual Purochitil Church Ivleeting held on Wednesday 9th April 2025 c.i} The Reverend Steven Jones ChLiir of theAnnuol Parochial Church Meeting Clive House Treasurer to the Council 31
STATEMENT OF FINANCIALACTIVITIES FOR THE YEAR ENDED 31ST DECEMBER 2024 Unrestricted Funds Restricted Funds Endowment Funds TOTAL FUNDS 2024 2023 Income ond Endowments Voluntary income Activities for generating funds Investment Incorne Church activities TOTAL INCOME 215,829 11,381 10,469 32,301 269,981 102,172 318,001 11,381 11,947 78,774 420,104 265,543 11,896 9,831 63,362 350,632 1,479 46,472 150.123 Expenditure Church activities Raising Funds TOTALEXPENDITURE 273,903 1,670 275,573 89,835 363,738 1,670 365,409 402,890 764 403.654 89,835 NET INCOMEIIEXPENDITUREI BEFORE INVESTMENT GAINSILOSSES 5,593 60,287 54,695 53,022 NEfGAINS/LOSSES ON INVESTMENTS 1,183 1,265 2,448 462 NET INCOME/EXPENDITURE 4,410 60.287 1,265 57,142 53,484 TRANSFER BETWEEN FUNDS 3,917 3,917 NET MOVEMENT IN FUNDS Balances brought forward 1st Jan 2023 Balances carried forward 31st Dec 2023 493 94,365 93,872 56,371 53,600 109,971 1,265 71,762 73,027 57,142 219,727 276,869 53,484 273,211 219,727 The Notes on pages 33- 36 form part of these accounts. The Unrestrlcted Funds consist of the the General Fund and the designated Parish Digital Project Fund, designated Fabric Fund, designated Holy Trinity 0-5 Group Fund, designated HR Conultancy Fund, designated HT200 Celebration Fund, and designated Lighthouse Youth Project5 Fund. 32
NOTES TO THE ACCOUNTS I. ACCOUNTING POLICIES The PCC is a public benefit entity within the meaning of FRS102. The financial statements have been prepared under the Charities Act 2011 and in accordance with the Church Accounting Regulations 2006 governing the individual accounts of PCCS, and with the Regulations true and fair view" provisions. They have been prepared under FRS102120161 as the applicable standards and the 2019 version of the Statement of Recommended Practice, Accountin8 and Reporting by Charities ISORPIIFRS1021. The financial statements includè 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 gatherings of church members. Fund accounting Endowment Funds are funds, the capital of which must be retained, either permanently, or at the PCC'S discretion- the income derived from the endowment is to be used, either as restricted or unrestricted income funds, depending upon the purpose for which the endowment was established in the first place. Restricted Funds comprise al income from endowments that is to be expended only on the restricted purposes intended by the donor, and bl revenue donations or grants for a specific PCC activity intended by the donor. Where these funds have unspent balances, interest on their pooled investments is apportioned to the individual funds on an average balance basis. Unrestricted Funds are income funds that are to be spent on the PCC'S general purposes. Designated Funds are gener31 funds set aside by the PCC for use in the future. Project funds are designated for particular purposes for administration purposes only. Funds designated as invested for the PCC'S own use are abated in line with those assets, annual depreciation charges in the SOFA. Designated funds remain unrestricted and the PCC will move any surplus to other general fund5. Incoming Resource5 Planned giving, collections and similar donations are recognised when received. Tax refund5 are recognised when the incoming resource to which they relate is received. Grants and legacies are accounted for when the PCC is entitled to the use of the resources, their ultimate receipt 15 considered reasonably certain and the amounts due are readily quantifiable. Dividends are accounted for when declared receivable, interest as and when accrued by the payer. All incoming resources are accounted for gross. See also Note 2 regarding legacies. 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 Common Fund contribution expected to be paid over is accounted for when due. All other expenditure is generally recognised when it is incurred and is accounted for gross. Fixed Assets Consecrated and benefice property is not included in the accounts, in accordance with s.1012llal and Icl of the Charities Act 2011. Movable church furnishings held by the Rector and Churchwardens on special trust for the PCC and which require a faculty for disposal are inalienable property, listed in the Churches, inventories, 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. I Subsequently no individual item h35 Cost the PCC more than £5,000, so all such expenditure has been written off when occurred. 33
The Littleham Leisure Centre, whilst registered in the name of the Diocesan Board of Finance on our behalf, reverted (from being leased to a Separate body) to the PCC in 2018. However, the PCC cannot see that it will ever have a significant marketable value, 35 any attempt to use the site for other purposes would be unlikely to succeed, and indeed be undesirable. We can See no justification, therefore, in incurring costs to obtain a professional valuation. It is, therefore, not included in these financial statements. The Independent Examiner supports this view. Equipment used within the church premises with a net C05t to the PCC of £5,000 or less is written off when the asset is acquired,. a £12,000 digger for the churchyard was purchased in November 2022 and is being depreciated at £3,000 a year over 4 year5, including the year of purchase. There are no other items which require to be depreciated. Investments are valued at market value at 31st December each year. 2. LEGACIES The PCC benefitted from 2 legacies in 2024. The first legacy of £16,044.75 was from a deceased member of Holy Trinty congregation, and has been allocated to the Restricted Lighthouse Youth Projects Fabric Fund. The second legacy of £2,000 from Valerie Ellett has been allocated to the Restricted Littleham Church Flower Guild Fund. 3. RELATED PARTY TRANSACtIONS In 2024, donations were received from Trustees IPCC members) and their close relatives totalling £26,951.'12023'. £30,294). The donors did not attach any conditions to their gifts which required the PCC to significantly alter the nature of its existing activities. 4. TRUSTEE EXPENSES In 2024 two PCC Members (Two Clergy) claimed expenses, including travel, subsistence, office supplies and the cost of communications, totalling £4,425'.12023.' £6,500). 5. LEASE The heading of 'printing, postage and stationery etd, includes charges of £82612023.. £8261 to cover the rental of the photocopier in the Mission Community Office, plus a small freestanding one. The current lease is for five years) from November 2020. 6. PRINTING POSTAGE & STATIONERY ETC. As an exception, this figure is the NET cost to the PCC of such items. There was a comparatively small amount of income from work undertaken for Lympstone PCC and private individuals, which is not considered 'material'. At our request, the Independent Examiner has agreed this is not material. 7. STAFF COSTS al During the year, the PCC 'employed' three part time Administrators (including a new part time post to support the Rector), two organists, a sexton, a leader of Lighthouse Youth Ministries who left in January 2024 and replaced in August 2024, one leader of the 0-5 Group at Holy Trinity, one part time cleaner Ifor HT Church), a new school chaplain based at Exmouth Community College, and a new part time leader of Tots Terrain. These figures include l Member of staff who is self employed. No member of staff earned more than E60,000 in the year. All employed staff received a rise of 3.4%, or greater in order to achieve the Living Wage Foundation rate of £11.44 per hour, on the 151 April 2024. Staff salaries lincluding remuneration given to the self employed person) totalled £75,758 gross (£79,840 in 20231. National Insurance employer contributions paid by the PCC totalled £3,8041£4,811 in 20231 of which £848 was claimed back under the Employer Allowance Scheme. Employer's Pension Contributions (defined contribution planl totalled £1,4941£1,304 in 20231. 2024 Staff costs recharged to Lympstone totalled £4,1591£3,962 in 20231, and organist fees received totalled £3341£825 in 20231. 34
Payroll processin£ costs were £5311£504 in 20231. The total cost to the PCC for 2024 salaries and payroll processing costs was £76,2481£81,672 in 20231. 8. DEBTORS AND PREPAYMENTS Debtors are measured at their recoverable amounts, the amount that the PCC anticipate5 It will receive from a debt or the amount il has paid in advance for goods and services. In 2024 these totalled 12023.. £3571 The 2024 figure is made up of.. al Debtors Gift Aid Claim Funeral and Burial Fees Carol Concert Fee £1,766 £2,619 £324 bl) Pre ments Royal School Of Church Music 2025 subscription New Wine 2025 Event £137 £229 9. LIABILITIES Liabilities are measured at their settlement amount and recognised for the amount that the PCC anticipates it will pay to settle the debt or amount it has received in advance for goods and services it must provide. Provisions for liability es are measured at the best estimate of their settlement amount. In 2024 these totalled £11099 12023 £12,028) The 2024 figure is made up of: al Creditors.. Maintenance of Holy Trinity Grounds Churchyard expenses 8ank Charges Gas, Electricity and Water including LLC Diocesan Funeral Fees PAYE/NI and Pension payments- Dec payroll Christingle Children's Society Palm Crosses Christingle expense Littleham Flower expense Broadband and Telephone £350 £840 £13 £3,965 £514 £943 £398 £247 £75 £56 £63 £7,464 ments made to Us in advance.. Wedding fees Contributions for The Nev Burial/interment fees Bookings for Littleham Leisure Centre cl Accruals Independent Examiner's fees £350 £497 £804 £94 £1,745 £1,890 35
- MOVEMENT BETWEEN FUNDS Transfers between Funds are set out clearly in the various Income and Expenditure Account5 shown on Pages 15 - 28.
- PRESENTATION OF FIGURES The financial statements are presented in pounds sterling, the functional currency of the Charity, and are rounded to the nearest pound 1£). As a result totals may differ by up to £1 when individual line items are aggregated. To the best of our knowledge and belief, we believe that this document complies with all the 'regulations' ie 'SORP 2015,. However, additional figures are presented in a more 'customer-friendly' and clearer way than that recommended in the 'text books,. We feel that it is vital that those who have no specific accountin knowledge are able to at least understand the vast majority of it.
- TRUSTEE REMUNERATION No remuneration or benefits were paid to Trustees IPCC Members) during the year, with the exception of Paul Stock, who is Organist at Holy Trinity Church. His salary did not exceed £3,900.
- FIXED ASSETS Machinery Equipment Cost Brought forward Additions Carried Forward 12000 12,000 Depreclatlon Brought forward Additions 6,000 3,000 9,OOD Carried Forward Net book value Carried forward 3,000 Brought forward 6,000 36
GENERAL FUND BUDGET 2024 ua 2024 I. INCOME la.. Voluntary Income Envelopes, Standing Order5 & Pari5hGiving Scheme GiftAid recovered Collètlions Grsnts t)onaiions Glfl Day, Includlng Glli Ald recovered LegarlE5 2024 2025 125,000 31,OOQ 127,995 33,084 7,852 155 8,224 6,962 128,000 32,000 8,000 ii,ooo 9,000 174,t)OD 184,273 177,000 Ib.. ActlvltlÈs for generatlngfunds 5.000 if 200 5,000 2,50D 12,800 4,390 4.50Q 200 Joo Sale of postcardsand oihercards eic Donation for use of grounds forcar parklng Charges foradveriisemenis in'The Nel, & Oonation5 81 4,850 1,860 11,381 2,500 22,300 9,000 1¢.. Income from Inve5tmEnt5 8,QOO 10,469 Id.. Church AttlvitlÈs Use ol churches and h311s by Chrlstian orEani$3llons Fees- weddln8s, funeralset¢ Tansfersfrom otherfunds lor admlnistrarioni prlntin& ett. 300 24,OOL> 2,600 545 21,679 4,011 334 5,568 32.137 500 24,OQO 2,500 Colfee barlntome 4,800 31.700 5.50L> 32,500 TOTAI INCOME ua oe Z. EXPENDITURE 23.. Churth Actlv5tlÈs 16,055 119,858 15,789 119,858 4,767 3,713 25,747 15,288 10,952 1,986 2,619 711 4,361 4,839 1,890 94 17,235 229,849 17,16Q 117,848 6,000 4,5CIO 24,51 16,000 12,000 2,500 3,500 800 4,800 5,OQO 2,0(10 Minisiry costs.. Diocesan Common Fund Clergy& Readerexpenses Chuich running.. Upkeep of SeT¥I5 4,900 28,700 13,500 15,000 2,2t 3.500 malntenaniEgf churche5 & ha115 The Net- costs PrintlnL posta8e and statlonery Bank and flnanclal system charges 6,100 5,300 2,QOCI Independent Examiner'5 fees Admin151rator's s3131y, & Payroll costs 17,532 241,645 19,500 236,108 2b R3islDg Fund5 Stewardshipenvelopes etc 100 loo 387 Productlon ol de0. ¢ost of ¢¥rdseti Costs of Church lunciions Coffep Barcosts 1,283 1,416 3,086 I,ooo 1.600 2,600 1,200 J,400 TOTALEXPENDITURE 243.045 SURPLUS IDEFICITI 16,545 NB.. These flguies all omltthe re-valuatlon of ourshare5 on the 315t Oecembei each year. IN 2023 foremample, they went down In value by £1.091. but galned In Value by £1.183 In 2024. 232,935 5,325 238 708 7.90B 37
IndÈpÈndent Examiner's Report to the Trugtees ofGlebe House Trust l port on the acGounls ol Glebe House Tiusl for the year ended 31 Dember 2024 which are set out on the allached pag8 numbered 39. Responsibllitles and basis of report As the oharily's Irustees you are responsible foi the preparation of the accounts in accgrdano with th8 requir8menls of the Charllies Act 20111'lhe Acl'l. I report In respect of my examlnallon of the charity's ac¢aunls Carried out under section 145 01 the Act and in ¢arrylng out my examlnallon I have followed all the applicable Directions given Liy the Charily Commission under section 14515llbl of the Act. Independentexamln8r's statement I have completed my examination. l Gonfirm that no maleiial rnatteis have come to my attenllon In conneGtlon with the examinallon giving me ¢ause lo believe that In any materfal respect.. accountlng reGoids were nol k8pI in ie5pe¢t of th8 tharily as required by seGlion 130 01 th& Act,. or thp 3rtounls do nol accord wilh those records,. or th8 8ccoun15 do not comply wilh the appli¢8blè requlrem8nts conrnIng the fom) and content of acLounls sel out In the Char51ies (Accounls and Reports) Regulations 2008 other than any requiietnent that Ihe ac¢ounls give a'liue and lalr view. which is ntsl a maller consldered as part of an independent examlnalion. I have no Gon¢erns and have COME a¢ross no other rnallers In ¢onneclion wllh the examin81ion to whlGh allenllon should be drswn in this repotl In order lo enable a proper undèrstanding of the accounts lo be rea¢hed. Jam&s Bick FCA Chartered A¢¢ounlant 18A Littleham Road Exmoulh EX8 2QG 28 February 2025
The Glebe House Trust Fund - Exmouth Accounts for the year ended 31st December 2024 2024 2023 General Account- Revenue Income Interest and Dividends 3,821 3,821 3,711 3,711 Expendlture Repairs & Maintenance to Clergy Houses & Gardens IT Equipment Grant to the Churchyard re Wall12022.. Dlggerl Cost of Independent Exarnination 152 1,094 184 494 3,000 390 4,068 357 6,821 6,464 420 1,666 2,155 6,464 8,619 Excess of Income over Expènditure 8alance 1st January 2024 Balance 31st December Z024 bl Capltal Account Balance 1st january 2024 Add.. Gain on Investments Balance 31st December 2024 59,502 1.131 60,633 61,781 2,279 59,502 General AccoLJnt- as above Capital Account- as above 8,619 60,633 69.252 6,464 59,502 65,966 Represented by.. Inve5trnents at valuation Balance5 at Bank and Central Board of Flnance 60,633 9,039 69,672 420 69,252 59,502 6,854 66,356 390 65,966 Less.. Creditors Investment Values at 31st December 2024 2718,911 M&G Charifund Units 16985.46 CBF Property Units Price 1,472.40 121.28 40.033 20.600 60,633 39,016 20,486 59,502 Notes to the Accounts.. l. This is a Trust the nome of the 'Vlctsrond Churchwurdens'set up In August 1973, originully £11,000. It 15 totally sepurtJtefronJ the PCC. The Cupit(Fl Is held by the Diocesan Bo(Frd of Finance. Special condition5 apply.. whi15t the moln lfttent is to help mointain clergy hou5e5, other uses are also permitted. 2. The GeneralAccount receives the investment und otherincome, which is avoilublefordisbursement The CapfftalAccount (except the increase In value ) connotbe touched without reference to the Bishop of Exeter. R.J. sourrER FCIB- Clerk to the Glebe House Trust 2nd january 2025 39
Littleham cum Exmouth Endowed Charities Accounts for the year ended 31st December 2024 2024 Non Nobis Domine Account Icreated by the Reverend James Boucher of Budleigh Salterton in 1885 for 'apprentices'l. Income Interest received Unknown Donations 261 258 60 318 261 Expenditure Trainee5' lunches etc Laptop Computer Grant for Tra ining Course Total Expenditure Excess of I ncome over Expenditure 362 450 200 200 61 812 -494 Add.. Balance 1st January 2024 Balance 31st December 2024 37 98 531 37 The Capital of this charity is invested with 'COIF Charity Funds, and at the 31st December 2024 had the following valuation: Non Nobis Domine 474 units @ 2029.33p 12023: 1984p} 9619 9619 9407 9407 There is a balance at TSB Bank at 31st December 2024 Of: 98 37 R.J. SOUftER Clerk to the Trustees