THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARY, BIDEFORD
REGISTERED CHARITY NO: 1129064
FINANCIAL STATEMENTS FOR THE YEAR ENDED
31 DECEMBER 2024
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARY, BIDEFORD
__________________ Registered Charity No: 1129064
TRUSTEES
Team Rector Rev’d Claire Rose-Casemore Elected Members T eam Vicar Rev’d Marisa Cockfield (to February) Other Ministers Rev’d Chris Hutchins (to March) Rev’d Robin Pirrie Churchwardens Ben Duhig (to April) Mark Porthouse (from April) Sally Strutt Deanery Synod Reps Ro Day Lorna Dorrinton (to April) Maggie Murray Lorna Thomas (from April to September)
Chris Beechey David Bertie Justine Duhig (from April) Michael Elliott Richard Holwill Pam Howlett Richard James (to April) Robert Marnham (to April) Pattie Morris (from April) Bill Owen (from April to July) Nadine Pearce (to April) Rachel Porthouse (from April) David Rendle (to April) David Sparkes
PARISH ADMINISTRATOR (Also PCC SECRETARY to June)
Debbie Crawford
PCC SECRETARY
Sue Marnham (from June)
CORRESPONDENCE ADDRESS
St Mary’s House 9 Church Walk BIDEFORD Devon EX39 2BP
EMAIL ADDRESS
admin@stmaryschurchbideford.org
OTHER NAMES CHARITY IS KNOWN BY
Bideford Parochial Church Council (PCC) St Mary’s Church, Bideford St Mary with St Peter, Bideford
INDEPENDENT EXAMINER
M. J. Fishleigh F.C.A. Mount Cottage Mount Pleasant Westleigh BIDEFORD Devon EX39 4LJ
BANKERS
National Westminster Bank PLC 41 High Street BARNSTAPLE Devon EX31 1HJ
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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARY, BIDEFORD
__________________
TRUSTEES' REPORT
The Trustees present their report and the financial statements for the year ended 31 December 2024. The financial statements comply with applicable Accounting Standards and Statements of Recommended Practice and the requirements of The Charities (Financial Statements and Reports) Regulations 2008 and section 132(1) of the Charities Act 2011.
OBJECTIVES AND AREA OF BENEFIT
The church has the motto that we should ‘Seek First the Kingdom of God’ and the Parochial Church Council (PCC) has the responsibility of co-operating with the Team clergy in promoting, within the ecclesiastical parish in this town and surrounding area, the whole mission of the church, pastoral, evangelistic, social and ecumenical.
The PCC is committed to enabling as many people as possible to worship at our church and to become part of our parish community. The PCC maintains an overview of worship throughout the parish and makes suggestions on how our services can reach out and welcome all who live in our parish. We aim for our worship and prayer to put faith into practice through prayer, scripture, music and sacrament.
ACTIVITIES
The PCC met seven times during the year with an average attendance of 74%.
We have continued with the pattern of services established last year; our Sunday morning programme comprising the more traditional 9.30am service and the new-style 11.15am Encounter service, together with a fortnightly 8.00am said communion service.
We have also maintained our activities for the community:
-
the Friday Diner and Holy Grounds - for those who might eat alone, the homeless and the vulnerable;
-
the Open the Book programme - for St. Mary’s, East the Water and Kingsley Preparatory Schools;
-
Music Makers, Messy Church, Junior Church and Stay and Play (during the Holidays) - for families;
-
Reflections - for the bereaved; and
-
Occasional Music Concerts – for the whole community.
Early in the year we said farewell to two of our stipendiary clergy – Marisa (Team Vicar) who has entered a well-earned retirement and Chris (Curate) who is undertaking the necessary training to become a Naval Chaplain. The PCC wishes to express its gratitude to both of them for all that they did for the parish during their time here and to wish them well in their new roles. The process of appointing a new Team Vicar is well advanced and we hope to make an appointment in the near future.
In April we appointed Emily Scibilia as our part-time Children and Families Worker. In addition to engaging with our other work with children she has been instrumental in starting The Crypt Youth, which meets on Thursday evenings for two sessions for 7–11-year-olds and 11–16-year-olds. She has also been largely responsible for transforming the crypt into a suitable venue.
We continue to review our Mission Action Plan, particularly in the context of the Diocese’s Next Steps Initiative which sets out its vision to grow in prayer, make new disciples and serve the people of Devon with joy. The PCC has also discussed Prayers for Living in Love and Faith which considers the church’s position in relation to same-sex partnerships.
We submitted a faculty application to the Diocese for permission to instal a new gas-fired heating system but this is currently still under review. Until this issue is resolved we are unable to make any further substantive progress with Project Mustard Seed (our plan to remove the pews and relocate the kitchen).
The PCC has also dealt with a range of other fabric issues including the restoration of the clock to full working order, repairs to the bell clappers and the provision of external CCTV cameras.
The PCC wishes to record formally its grateful thanks to all those volunteers who contribute to our ministry in so many ways.
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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARY, BIDEFORD
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TRUSTEES' REPORT (continued)
CHURCH ATTENDANCE
There were 165 parishioners on the Electoral Roll in April 2024; the Roll is due to be fully revised before the Annual Parochial Church Meeting in May. The average total attendance for Sunday morning services is in the order of some 110-120.
FINANCIAL REVIEW
Our income on unrestricted funds amounted to just over £164,000 as detailed in the financial statements. We spent just under £170,000 to provide Christian Ministry from St Mary’s Church, including the contribution to the common fund (which largely provides the stipends and housing for the clergy). This expenditure includes about £15,000 of non-recurring items in relation to repairs to the clock and bells and architect’s fees for Project Mustard Seed (this is in addition to expenditure on these items funded from restricted funds). The net result is a deficit of expenditure over income of about £6,000 for the year. But for the non-recurring items this would have been a surplus of around £9,000.
RESERVES POLICY
It is the PCC policy to utilise restricted funds wherever possible and to maintain unrestricted funds at a minimum level of £50,000. The balance of £167,720 at the end of this year is considerably in excess of this figure so the PCC has no immediate concerns about the financial stability of the parish.
Restricted funds have reduced from £21,746 to £17,912 during the year. The balances primarily relate to the Fabric Fund and the Youth and Children Fund; the movements in Restricted Funds are shown in Note 8 to these financial statements.
SAFEGUARDING POLICY
The PCC has complied with the duty under section 5 of the Safeguarding and Clergy Discipline Measure 2016 (duty to have regard to the House of Bishop’s guidance on Safeguarding children and vulnerable adults).
STRUCTURE, GOVERNANCE AND MANAGEMENT
A church has been present on its site in Bideford since Saxon times. The Bideford Parochial Church Council (Bideford PCC) was established under the Parochial Church Councils (Powers) Measure 1921 and became a Charity registered with the Charity Commission with effect from 8 April 2009.
The names of the Trustees who served during the year are shown on page 1 of these financial statements. Members of the PCC are either ex-officio, elected by the Annual Parochial Church Meeting, or co-opted in accordance with the Church Representation rules. All who attend our services are encouraged to register on the electoral roll and stand for election to the PCC.
The PCC operates through a number of committees, which meet between full meetings of the PCC:
Standing Committee
This committee has the power to transact the business of the PCC between its meetings, subject to any directions given by the Council. This is the only committee required by law.
Mission Committee
This committee oversees relations with external mission and relief agencies and recommends allocations of grants to the PCC.
Pastoral Care Committee
This committee t akes responsibility for the organisation of pastoral care within the Parish.
TAXATION STATUS
As a Registered Charity, utilising all of its net income for charitable purposes, the PCC is exempt from income tax, corporation tax and capital gains tax.
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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARY, BIDEFORD
STATEMENT OF TRUSTEES’ RESPONSIBILITIES
Charity law requires the Trustees to prepare financial statements for each financial year which properly present the charity’s Income and Expenditure for the year together with its assets and liabilities at the end of the year, and adequately distinguish any material special trust or other restricted fund of the charity. In preparing those financial statements the Trustees are required to:
select suitable accounting policies and then apply them consistently;
make judgements and estimates that are reasonable and prudent;
state whether the policies adopted are in accordance with the appropriate Statement of Recommended Practice on Accounting by Charities and the Accounting Regulations and with applicable accounting standards, subject to any material departures disclosed and explained in the financial statements; and
prepare the financial statements on the going concern basis unless it is inappropriate to assume that the charity will continue in business.
The Trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time, the financial position of the charity, and to enable them to ensure that the financial statements comply with applicable Accounting Standards and Statements of Recommended Practice and the requirements of the Charities Act 2011. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud or other irregularities.
Approved by the Parochial Church Council at their meeting on 10 March 2025.
Rev’d Claire Rose-Casemore Chairman
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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARY, BIDEFORD
INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARY, BIDEFORD
I report on the financial statements of The Parochial Church Council Of The Ecclesiastical Parish Of St Mary, Bideford for the year ended 31 December 2024, which are set out on pages 6 to 11.
RESPECTIVE RESPONSIBILITIES OF TRUSTEES AND EXAMINER
As the charity’s Trustees you are responsible for the preparation of the financial statements; you consider that the audit requirement of section 144(2) of the Charities Act 2011 (the Act) does not apply and that an independent examination is needed. It is my responsibility to examine the financial statements under section 145 of the Act and to state, on the basis of procedures specified in the General Directions given by the Charity Commissioners under section 145(5)(b) of the Act, whether particular matters have come to my attention.
BASIS OF INDEPENDENT EXAMINER’S REPORT
My examination was carried out in accordance with the General Directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by the charity and a comparison of the financial statements presented with those records. It also includes consideration of any unusual items or disclosures in the financial statements, and seeking explanations from you as Trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the view given by the financial statements.
In connection with my examination, no matter has come to my attention:
which gives me reasonable cause to believe that in any material respect the requirements:
to keep accounting records in accordance with section 130 of the Act; and
to prepare financial statements which accord with the accounting records and to comply with accounting requirements of the Act have not been met; or
to which, in my opinion, attention should be drawn in order to enable a proper understanding of the financial statements to be reached.
M. J. Fishleigh F.C.A. Mount Cottage Mount Pleasant Westleigh BIDEFORD Devon EX39 4LJ
27 April 2025
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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARY, BIDEFORD
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STATEMENT OF FINANCIAL ACTIVITIES for the year ended 31 December 2024
| Unrestricted | Unrestricted | Designated | Restricted | Total | Total | |
|---|---|---|---|---|---|---|
| Note | Funds | Funds | Funds |
2024 |
2023 | |
| £ | £ | £ |
£ | £ | ||
| INCOMING RESOURCES | ||||||
| Voluntary income | ||||||
| Giving | ||||||
| Planned giving | 99,632 | - | - |
99,632 | 99,580 | |
| Collections, and other giving | 8,417 | - | 1,327 |
9,744 | 10,670 | |
| Collections for good causes | (6) | - | - | 1,690 |
1,690 | 3,455 |
| ___ | ____ | _ |
___ | _ | ||
| 108,049 | - | 3,017 |
111,066 | 113,705 | ||
| Other voluntary income | ||||||
| Grants | - | - | 13,845 |
13,845 | 2,939 | |
| Donations and appeals, etc. | 9,015 | - | 14,518 |
23,533 | 7,076 | |
| Legacies | 1,000 | - | - |
1,000 | 83,113 | |
| Gift Aid recovered | 26,510 | - | 502 |
27,012 | 26,700 | |
| ___ | ____ | __ |
___ | _ | ||
| Total voluntary income | 144,574 | - | 31,882 |
176,456 | 233,533 | |
| _ | __ | ______ |
_ | _ | ||
| Events and Fund-Raising Activities | (3(a)) | 2,860 | 190 | 1,081 |
4,131 | 3,928 |
| _____ | ____ | _____ |
_____ | _____ | ||
| Income from Church activities | ||||||
| Fees | 6,409 | - | - |
6,409 | 7,365 | |
| Receipts from use of church and house | 2,340 | - | - |
2,340 | 1,457 | |
| _____ | __ | __ |
_____ | _____ | ||
| 8,749 | - | - |
8,749 | 8,822 | ||
| _____ | __ | __ |
_____ | _____ | ||
| Investment income | ||||||
| Interest | 7,942 | - | - |
7,942 | 4,157 | |
| _ | ____ | ______ |
_ | _ | ||
| 164,125 | 190 | 32,963 |
197,278 | 250,440 | ||
| _ | ____ | ______ |
_ | _ | ||
| RESOURCES EXPENDED | ||||||
| Church activities | (5) | 168,984 | - | 36,677 |
205,661 | 163,324 |
| Cost of fund-raising activities | (3(b)) | 952 | - | 120 |
1,072 | 919 |
| _ | __ | ______ |
_ | _ | ||
| 169,936 | - | 36,797 |
206,733 | 164,243 | ||
| _ | __ | ______ |
_ | _ | ||
| NET (OUTGOING)/INCOMINGRESOURCES | (5,811) | 190 | (3,834) |
(9,455) | 86,197 | |
| BALANCES BROUGHT FORWARD | 173,531 | 3,218 | 21,746 |
198,495 | 112,298 | |
| __ | ______ | _ |
__ | __ | ||
| BALANCES CARRIED FORWARD | £167,720 | £3,408 | £17,912 |
£189,040 | £198,495 | |
| _ _ |
__ ____ |
_ _ |
_ _ |
_ _ |
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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARY, BIDEFORD
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BALANCE SHEET at 31 December 2024
| BALANCE SHEET at 31 December 2024 |
|||
|---|---|---|---|
| Note | 2024 | 2023 | |
| £ | £ | ||
| FIXED ASSETS | (1(c)) | ||
| St Mary’s House, Church Walk, Bideford | 70,000 | 70,000 | |
| ______ | ______ | ||
| CURRENT ASSETS | |||
| Debtors | (7) | 8,128 | 9,350 |
| CCLA – The Church of England Deposit Fund | 155,545 | 128,261 | |
| National Westminster Bank Plc - Deposit | 26,313 | 55,000 | |
| National Westminster Bank Plc - Current | 4,593 | 8,266 | |
| Cash in hand | 381 | 3,236 | |
| _ | _ | ||
| 194,960 | 204,113 | ||
| CURRENT LIABILITIES | |||
| Creditors – amounts falling due within one year | 5,920 | 5,618 | |
| _ | _ | ||
| NET CURRENT ASSETS | 189,040 | 198,495 | |
| __ | __ | ||
| NET ASSETS | £259,040 | £268,495 | |
| _ _ |
_ _ |
||
| FUNDS | (1(e)) | ||
| Unrestricted Funds | |||
| General Fund | 167,720 | 173,531 | |
| _ | ______ | ||
| Designated Funds | |||
| Friends of St Mary’s Fund | 3,408 | 3,218 | |
| _____ | _____ | ||
| Restricted Funds | (8) | ||
| Bells and Clock Funds | - | 2,495 | |
| Choir and Music Funds | 10 | 22 | |
| Equipping St Mary’s for the 21st Century Fund | - | 6,197 | |
| Fabric Fund | 7,776 | 12,200 | |
| St Mary’s Diner and Ucan Fund | 264 | 118 | |
| Youth and Children’s Work Fund | 9,862 | 714 | |
| ______ | ______ | ||
| 17,912 | 21,746 | ||
| ______ | ______ | ||
| Permanent Endowment Fund | |||
| St Mary’s House Fund | 70,000 | 70,000 | |
| __ | __ | ||
| £259,040 | £268,495 | ||
| _ _ |
_ _ |
Approved by the Parochial Church Council at their meeting on 10 March 2025.
Rev’d Claire Rose-Casemore Chairman
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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARY, BIDEFORD
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NOTES TO THE FINANCIAL STATEMENTS at 31 December 2024
1. BASIS OF PREPARATION
The PCC is a public benefit entity within the meaning of Financial Reporting Standard 102 (FRS102). The financial statements comply with the Charities Act 2011, applicable accounting standards under FRS102 (2016) and with the Statement of Recommended Practice Accounting and Reporting by Charities (SORP(FRS102)), with the Church Accounting Regulations 2006 governing the individual Accounts of PCCs, and with those Regulations’ “true and fair” provisions. The financial statements have been prepared under the historical cost convention and using the accruals and going concern bases.
a) Recognition of income
Incoming resources are recognised when they are receivable or when the PCC’s right to the income becomes legally enforceable, when the amount receivable can be measured with reasonable certainty and when it is more likely that the PCC will benefit from the resource. Grants and donations are included when any pre-conditions preventing their use by the PCC have been met, and Gift Aid claims are included at the same time as the donations to which they relate. Rental income is recognised when the rental is due, and investment income is included when receivable.
c)
Fixed assets
i) Consecrated land and buildings are not included in these Accounts by virtue of Section 10(2) Charities Act 2011 as the property is effectively dedicated to God and set aside solely for sacred purposes. Costs of maintenance or improvement relating to consecrated assets are written off in the year they are incurred. ii) Moveable church furnishings are not capitalised as insufficient cost information is available, but they are included in the Church’s inventory.
iii) No depreciation is provided on St Mary’s House as the estimated residual value of the property is not less than its carrying value and its estimated remaining useful life is not less than 50 years. Any depreciation charge would therefore be immaterial.
iv) Tangible fixed assets are capitalised if they can be used for more than one year, and cost more than £10,000. Depreciation is calculated to write off the cost of such assets, less their estimated residual value, over their estimated useful life. The Audio-Visual System cost £22,955 and was fully written off over 5 years.
d) Liabilities
Liabilities are recognised as soon as there is a legal or constructive obligation, settlement is probable and the settlement value is reasonably quantifiable.
e)
Funds accounting
(i) Unrestricted Funds are monies held by the Trustees and expendable at their discretion on any purpose they deem fit in furtherance of the work of the Church.
(ii) Designated Fund The sub-committee managing the Friends of St Mary’s Fund has the discretion to allocate the sums held in their Designated Fund to support the care and maintenance of the church, fabric and contents, and to encourage enjoyment and appreciation of the church. The monies held by the subcommittee may be used to make direct payments for a specific purpose or transferred to reimburse expenditure paid from Unrestricted Funds if they decide that is appropriate.
(iii) Restricted Funds represent income which may only be expended on a restricted object or purpose and details of the funds held and restrictions are given in Note 8 of these financial statements.
(iv) Permanent Endowment Funds are funds that must be retained as trust capital permanently. In this case the freehold property of St Mary’s House was acquired using money given in response to a specific appeal for the purchase of that property, with no suggestion that in the event of failure of the appeal the funds raised might be used for other purposes, together with money held from the prior disposal of other freehold property which was also a permanent endowment.
f) Pension contributions
The PCC makes employer contributions at defined rates into the NEST pension scheme for its full-time employee. The NEST pension scheme is a defined contribution plan and the liability of the PCC is limited to the contributions paid.
__________________
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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARY, BIDEFORD
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NOTES TO THE FINANCIAL STATEMENTS at 31 December 2024
2. RELATED PARTY TRANSACTIONS
Mr C Beechey, who is a member of the PCC, received £6,330 (2023 - £5,843) in fees for his work as the parish organist and choirmaster during the year.
Clergy expenses are disclosed in Note 5 to these financial statements.
No remuneration, benefits, travelling expenses or out-of-pocket expenses were paid to any other PCC member during the year. Occasionally PCC members act as agents for the PCC and make approved purchases on its behalf, and are reimbursed for this expenditure. Such reimbursed expenditure is not personal to the Trustee concerned and does not represent goods or services provided by the Trustee.
The PCC received approximately £21,528 (2023 - £22,430) during the year in donations from Trustees (PCC members) and their close relatives. The donors did not attach any conditions to their gifts which required the PCC to significantly alter the nature of its existing activities.
3. EVENTS AND FUND-RAISING ACTIVITIES
| Unrestricted | Designated | Restricted | Total | Total | |
|---|---|---|---|---|---|
| (a) Income | Funds | Funds | Funds | 2024 | 2023 |
| £ | £ | £ | £ | £ | |
| Unrestricted | |||||
| Barbeque | - | - | - | - | 175 |
| Card sales | 97 | - | - | 97 | - |
| Concerts | 563 | - | 757 | 1,320 | 1,102 |
| Craft Fair | - | - | 147 | 147 | - |
| Holy Grounds cafe | 340 | - | 177 | 517 | - |
| Rent of car parking space | 800 | - | - | 800 | 700 |
| Sale of clavinova | - | - | - | - | 100 |
| Sponsored bike ride - DHCT | 22 | - | - | 22 | - |
| Strawberry tea | - | - | - | - | 105 |
| Teas, coffees, etc. | 1,038 | - | - | 1,038 | 1,086 |
| Designated | |||||
| Friends events | - | 190 | - | 190 | 285 |
| Friends subscriptions | - | - | - | - | 375 |
| ______ | _____ | ______ | ______ | ______ | |
| £2,860 | £190 | £1,081 | £4,131 | £3,928 | |
| __ ____ |
_ ___ |
__ ____ |
__ ____ |
__ ____ |
|
| (b) Expenditure | |||||
| Unrestricted | |||||
| Barbeque | - | - | - | - | 116 |
| Concerts | - | - | 120 | 120 | 280 |
| Teas, coffees, etc. | 952 | - | - | 952 | 523 |
| _____ | ___ | _____ | ______ | _____ | |
| £952 | £- | £120 | £1,072 | £919 | |
| _ ___ |
_ ___ |
__ ____ |
_ ___ |
4. STAFF COSTS
The PCC directly employed the Parish Administrator and the Organist/Choirmaster (who also receives fees) throughout both the 2023 and 2024 years. In 2024 a part-time Assistant Administrator and a Children and Families Worker (whose costs have been funded by donations and a grant from the Diocese) also commenced employment with the PCC. Details of the amounts paid to staff, including pension contributions, are shown in Note 5 to these financial statements.
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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARY, BIDEFORD
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NOTES TO THE FINANCIAL STATEMENTS at 31 December 2024
5. EXPENDITURE ON CHURCH ACTIVITIES
| Unrestricted | Unrestricted | Designated | Restricted | Total | Total |
|---|---|---|---|---|---|
| Funds | Funds | Funds | 2024 | 2023 | |
| £ | £ | £ | £ | £ | |
| Missionary and Charitable Giving | |||||
| Donations (Note 6) | 12,789 | - | 1,690 | 14,479 | 10,455 |
| ______ | __ | _____ | ______ | ______ | |
| Maintenance of the Ministry | |||||
| Common Fund | 80,130 | - | - | 80,130 | 78,374 |
| Clergy expenses | 2,053 | - | - | 2,053 | 2,658 |
| Recruitment advertisement | 462 | - | - | 462 | - |
| Children and Families Worker salary | - | - | 7,652 | 7,652 | - |
| Employer’s pension contributions | - | - | 239 | 239 | - |
| Crypt refurbishment and youth club expenses | - |
- | 2,156 | 2,156 | - |
| Children’s Worker fees | - | - | 1,690 | 1,690 | 1,715 |
| ______ | __ | ______ | ______ | ______ | |
| 82,645 | - | 11,737 | 94,382 | 82,747 | |
| ______ | __ | ______ | ______ | ______ | |
| Church Running Costs | |||||
| Insurance | 10,139 | - | - | 10,139 | 9,620 |
| Church | |||||
| Lighting and heating | 7,528 | - | - | 7,528 | 7,086 |
| Water rates | 723 | - | - | 723 | 332 |
| Repairs and cleaning | 14,096 | - | 13,965 | 28,061 | 7,539 |
| St Mary’s House | |||||
| Council tax and water rates | 1,059 | - | - | 1,059 | 1,344 |
| Heat and light | 1,474 | - | - | 1,474 | 1,469 |
| Repairs and cleaning | 687 | - | - | 687 | 3,121 |
| Rectory garden work | 1,040 | - | - | 1,040 | 1,354 |
| ______ | __ | ______ | ______ | ______ | |
| 36,746 | - | 13,965 | 50,711 | 31,865 | |
| ______ | __ | ______ | ______ | ______ | |
| Service Costs | |||||
| Communion wafers, etc. | 1,657 | - | - | 1,657 | 1,637 |
| Choirmaster and organist fees | 5,359 | - | 971 | 6,330 | 5,843 |
| Music and Choir | 143 | - | 300 | 443 | 361 |
| Licences and subscriptions | 573 | - | - | 573 | 531 |
| _____ | __ | _____ | _____ | _____ | |
| 7,732 | - | 1,271 | 9,003 | 8,372 | |
| _____ | __ | _____ | _____ | _____ | |
| Administration | |||||
| Administrator and assistant salaries | 19,710 | - | - | 19,710 | 16,113 |
| Employer’s pension contributions | 533 | - | - | 533 | 489 |
| Equipment hire and leasing costs | 692 | - | - | 692 | 1,058 |
| Printing, stationery, postages, etc. | 1,180 | - | - | 1,180 | 1,231 |
| Social media costs | 118 | - | - | 118 | 522 |
| Telephone and internet charges | 1,018 | - | - | 1,018 | 736 |
| Bank charges | 193 | - | - | 193 | 196 |
| ______ | __ | __ | ______ | ______ | |
| 23,444 | - | - | 23,444 | 20,345 | |
| ______ | __ | __ | ______ | ______ | |
| Diner costs | - | - | 1,817 | 1,817 | 2,109 |
| Architects, consultants and faculty fees | 5,168 | - | 6,197 | 11,365 | 6,330 |
| Sundries (2023 including First Aid course) | 460 |
- | - | 460 | 1,101 |
| __ | ___ | _ | __ | __ | |
| £168,984 | £- | £36,677 | £205,661 | £163,324 | |
| _ _ |
_ _ |
_ _ |
_ _ |
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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARY, BIDEFORD
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NOTES TO THE FINANCIAL STATEMENTS at 31 December 2024
6. MISSIONARY AND CHARITABLE GIVING
| Unrestricted | Unrestricted | Designated | Restricted | Total | Total |
|---|---|---|---|---|---|
| Funds | Funds | Funds | 2024 | 2023 | |
| £ | £ | £ | £ | £ | |
| Church Overseas | |||||
| Missionary Societies | 1,750 | - | - | 1,750 | 3,175 |
| Relief and Development Agencies | 3,800 | - | 1,231 | 5,031 | 2,879 |
| Home Missions and other Church Societies | 3,239 | - | 459 | 3,698 | 1,426 |
| Secular charities | 2,750 | - | - | 2,750 | 2,975 |
| Internal transfers (Note 8) | 1,250 | - | - | 1,250 | - |
| _ | ___ | ______ | _ | _ | |
| £12,789 | £- | £1,690 | £14,479 | £10,455 | |
| _ _ |
__ ____ |
_ _ |
_ _ |
7. DEBTORS
| DEBTORS | ||
|---|---|---|
| 2024 | 2023 | |
| £ | £ | |
| Fees receivable | 114 | 981 |
| Gift Aid recoverable | 3,319 | 3,647 |
| Parish Gift Scheme regular giving | 4,556 | 4,673 |
| Others | 139 | 49 |
| ______ | ______ | |
| £8,128 | £9,350 | |
| __ ____ |
__ ____ |
8. MOVEMENTS IN RESTRICTED FUNDS
| Bells & | Choir Equipping St Mary’s | Choir Equipping St Mary’s | Repairs | St Mary’s Youth & | St Mary’s Youth & | |
|---|---|---|---|---|---|---|
| Clock | & Music for | the 21st Century | & Fabric | Diner | Children’s | |
| Fund | Fund | Fund | Fund | Fund | Fund | |
| £ | £ |
£ |
£ | £ | £ | |
| Opening balance | 2,495 | 22 | 6,197 | 12,200 | 118 | 714 |
| _____ | ___ | _____ | ______ | ____ | ____ | |
| Receipts | ||||||
| Collections | - | - | - | - | - | 1,327 |
| Fundraising events | 757 | - | - | - | 83 | 241 |
| Grants received | 3,049 | - | - | 615 | - | 10,181 |
| Donations received | 195 | 40 | - | 2,050 | 880 | 10,103 |
| Gift Aid recovered | - | 2 | - | 500 | - | - |
| Mission Giving (Note | 6) - |
- | - | - | 1,000 | 250 |
| _____ | ___ | __ | _____ | _____ | ______ | |
| 4,001 | 42 | - | 3,165 | 1,963 | 22,102 | |
| _____ | ___ | __ | _____ | _____ | ______ | |
| Payments | ||||||
| Architects fees | - | - | 6,197 | - | - | - |
| Fundraising events | 120 | - | - | - | - | - |
| Music and choir | - | 54 | - | - | - | - |
| Diner costs | - | - | - | - | 1,817 | - |
| Children’s Worker | - | - | - | - | - | 1,690 |
| Children/Families Worker - |
- | - | - | - | 7,891 | |
| Treblemakers | - | - | - | - | - | 1,217 |
| Repairs and sundries | 6,376 | - | - | 7,589 | - | 2,156 |
| _____ | ___ | _____ | _____ | _____ | ______ | |
| 6,496 | 54 | 6,197 | 7,589 | 1,817 | 12,954 | |
| _____ | ____ | _____ | ______ | _____ | ______ | |
| Closing balance | £- _ ___ |
£10 _ _ |
£- _ ___ |
£7,776 __ ____ |
£264 _ ___ |
£9,862 __ ____ |
Note – Amounts collected for good causes, including School Bibles in the 2023 year, amounted to £1,690 (2023 - £3,455) and these were all paid over during the year, as shown in Note 6 above.
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