SAINT ANDREW'S Church Annual Report and Financial Statements forthe year endlng 31st December 2024 The Parnchixl Church Council of the Parish of St Andrew with St Etheldreda. Histon Charfty R￿l￿trAtItIn Nurnber. 11?9167 The Parish of St Andrew with St Etheldreda, Histon Report of the Parochlal Church Cwnol I*￿) ...........-.-.. Alms of the PCC ..........................-... Admlnlsiradve Inforniatlon......... Charftahle StatU5......................- Electoral Rolllsunday Attend•DCe......................................... .... . . Structure. Governance and Man•gement.......................... Achievements and Perform•nce....... . Pl4ns lor the Future........................ Flnan¢lal Revlew....... Budg•tary Pollcles... Gront4nakln8 Pollcy...... . . Investment Pollcv.. Alsk Management............................................................. K•y M¥na8•m•nt P•r6onn•l R•muMtatlon ............................................................ Safeguardlns................ Statement of the P￿5 Respon51bllltle5............................................. IndependentExamlnerfs Reporttothe PCC......................................... ... Statement of Winandal Actl¥l¢les............................................ ..... Balance Sheet.............. Statèment of Ca5hlSows.....,................................................ .............. ... io Notes to the Flnandal St?tements....................................... .. ...... . li The Parish of St Andrew with St Etheldreda, Histon Report of the Parochial Church Councll I'PCC) The members of the PCC. who are the trustees of the£harity for the purp05e5 of the Charities Act 2011. present their Annu£l Report and the Financial Statemerbt5 lor the year ended 31 December 2024. The financial 5tatement5 have been prepzred in accordance with the aCCOLtniing policies set out in noie I to the account5 and comply wilh Ihe Charities Act 2011 and A£countinÈ and Rewrting by Charitie5'. Statement ol Recommended Practice applicable to charities preparin8 theii account5 in accordance with the FinaThcial Reporting Stsndard applicable in the UK and Republic of Ireland IFR51021 lelfettNe l J3nuary 20191. Almsofthe PCC The PCC 15 a body elected by those eli8ible to vote at the Annual Parochial Church Meetin8. The PCC (Power51 Measure 1956 states thai the PCC is to ¢O-operaie with ihe minister in pr01T￿ling in the parish the whole mission of the church, pastoral. evan8elistic, social and ecumenic31. The PCC ha5 taken regard ol the Charity Commi55ion'5 8uidance related to public benefit and they believe the PCCS activit￿S are in accordance wtth those guidelines. The PCC Is also responslble lor the operation (room lettin8s ènd Café) ol the Saint Andrew's Centre. The Cèlé, within the Centre, 15 mana8ed as an independent legal entity with its own boafd ol directors wholly owned and overseen by the PCC. Adminlstratlv¢ Inforni4tlon Parothlal Name- Chur¢h Lo<•tlvn'. Correspond•nce: Websltt: Ernall., Incumbènt.. Churchwaidens.. St Andrew with St Etheldreda. Hi5ton Church fJtreet, Ili3ton, Cambr*d6e C024 9EP Church Office. saint Andrew's Centre. School Hill, Hi5ton,Cambrldge C824 91E htt iaThdrew Stand¥owshi&¢oTh.o Canon James 813TrJlord-Baker Louisevincent P•n Shs Margaret TW tliiaDetn Lroo lan Shiplev. Prentis & Co LLP. 115¢ MiltoTh Road. Carnbridge. CB4 IXE Unity Trusi Bank, Nine 8riThdley place. 8irrnin8ham 812HB CCLA Investment mdiid¥eM￿ILLl¢j (Tr*C8FChurthofEn¥ldnd Fund51, 80 Cheapslde, Loiidun, EC2V 60Z PCCSttret•ry'. Ireasurer.. Indewndent Examlntrs: Banks.. Charltable Status Re6151ered with the Ch•rily co1￿1711551V17 #s The Pdrochial aiuich Co￿£11 Df ihE EcLlesidsLicdl Parith of 5tAndrEwwiLlI5l Etheldreda, Histon. Registefedchaiity Number 1129167. Electoral ftolllsunday Atrerbdan¢e All are welcome lo attend our regular serylces and at 31st December 2024 there wefe 213 peoole on the Electoral Roll12023.. 2101. The figure for average Sunday attendance durin8 October 2024 was 87 adults and 22 cniiorenlyoung peopie12V23'. 81 aljults and Childrenlyoung people). In addiiion io ihose who aitenOe4 In- person worship. thefe was aft avera¥e of 75 views of live-strearned seryices (between the 13 November and 18 December) via the YouTube Ihannel12023." 98 views lor the equivalent per¥odl within one week of Iive5tre3rning. I his rnay noi be representative of number5 of Individuals, as some may have also been counied in church numbers. watched vAth Dther peopl£ orwatched mor? than ontp. The Parish of St Andrew with St Etheldreda, Histon Structure. GovernanrR •nd Mana8ement The Parochlal Church Council Is a urporate bool establlshed by Ihe thurch of England. The PCC operates under the Parochial Church Council Powers Measure. The meihoé of appoM)ts))ent of PCC members is set out in the Church Repre5entstion Rule5 2022. Those who re8ularty attend ourthurch 5ervKes or are resident In the parish are eliglble to register on the Electoral Roll and stand for election to the PCC which rnmprises elected lay members plu5 Dther co-opted and eX-Off￿h0 members. PCC members a￿ appointed for a 3-year term. which Can be renewed for a further term. On appointment PCC rnernbe￿ are provided with 8uideline5 on bein8 è Trustse and Informafjon about the purpose and responsibility of the PCC This is darified in the first PCC meetingol each year. As required by law, the PCC has a Standing Commrttee which has powerto transatt the buslness ol the PCC between Its meetln8s. subject tg any directions gNen by the Councll. The PCC1s the sole 5h4reholder ol SalTrt Andre￿S Centre Café ￿rnIted and appoints 115 Dlrectors. The VICOT, Tra￿d Wilson Ihrmer Churchwardenl, Mm Callington and thris Com Cul￿nIty Serve as Directors. Financial rèports of the Café are provlded to the PCC on a iuarterty basls and rnana8ement ￿portS bl-annuallv. The fvll Ilst of PCC members havi￿ served In 202415 as follows.. 'James 81andford-Baker Ivicarl *lJlcholas Rornan5 IA55iStant Curate) '8en Barton IAssi5t3nt Curatel *loulse Vlncent (Churchwarden and Oeanery Synod) Ben Shin Ichurchwardenl 'Nl8eS Evans (Deanery Synod) •Paul G5ass (Deanery Synodl *Mar8aret Taylor Ise£retaryl 'Elizabeth Crook ITre05urerl 'Robert McKinley •Heather Taylor 'EmltyWafd th￿1 Fisher 'George Adam Ruth thèmbeelaln IA$8lstant Curatel Erln Dlcken5 le51ey Guy Stephen Tromans *Trustees as of 31.12.2024 AchIe￿ments and Perf¢miance In 2024 the PCC has workèd to establish a clèar vision for the thurch a$a way olensurln8 that we fvlfll our responsibilities as a charity and work together In line with our core purpose tsl livin8 and proclaiming the 80gpel ol Jesw Christ to those in our ¥lllage and beyond. This threefold ￿510￿. which emerged Irtsm our APCM In 2024 and developed further by the PCC in the lollowin8 month5, 15 to be.. lil rooted in the Bible. Illl opon to the work ol the Holy Splrit and liiil deeply prayerful. These three key ¥alue5 were specilkally articulated through the sense of a tall to be a cornmuThliy of encouragemenL utterty dependent on the Lord. worklng together loften in palrsl. oper to disruption In order to welcome Thewcorners. and selzingthe moment accordlng to the Hoty Splrlvs promptsng, Health and Safety as well as SafegL4aidinB have continued to be areas lor development by the PCC ln 2024. A review of both olthe5e take5 place at every meetln8 ¢Jf the PCC with %wltten ￿POrtS and details 91 work cUr￿ntlY being undertaken. The PCC continuesto be encouraBed by the nurnber of on8rcgation fflember5 who hève Corn￿eted trainin8 in this area. The PCC make5 Use of the centrally funded Safeguarding Oashbcards and Inew in 20241 the Safe8uardin8 Hub. Between these two online 5yStem9 we are able to monl¢or our S3feguardinB performance and the indiwduals servin8 in the church by rnonitorlng trainin& role descriptlons and continuingsupport. The PCC has consldered ihe prO￿$10n of our Sundayworshlp as a key priority in 2024 Including thlnklw about our M05alc servlce, what It ml8ht look like toworship together auoss the ages after the pause brought about by the pandemic and how we can ènsure that Èvery Sunday is a good dayto be a vtsitor to Sl Andrews or there for the first time. A pattem of worship was developed for implementation in 2025 to include 311 ège and intergeneratlorbal The Parish of St Andrew with St Etheldreda, Histon worship, alternatlng between 3 Serviceof the Word and Hoty Communion. and maklng use on OLxasion DI the Salnt Andre￿5 Centre. In 2D24 we said goodbye to oneof our curatss, welcomed a new curate in training and appointed a newyouth Minister. The Diocese of Ety rem3Sn5 in vacancy followng an appointrnent EKoce5S that was unable to agree on a SUit3ble candidate. The proce55 will run again in 2025. Plan5 lor the Future When plannin8 activlties foi the year, the Vl(4r and the PCC have consldered the ChaNty Commisslon's guidance on public benefit and, in particular, the spealic8uidance on charitie5 for the advancement ef religltrn. In 2025 thè PCC wlll locus on Implementin8 the new pattern of worshlp on Sundays and continuin8 to develop our life to8ether in line with our vsion. Flnanclal Revlew In 2024, the church wa5 I{￿kIng at a pred￿t￿ dethcit ol about £70￿C(l. A Campa1￿ of tncouraprnènt to tttnslder prayerfully the arnount 8i¥en by individuals to the church. his resulted In an upwards trend of donations through the yeir, nd partlcularlygl￿n8 vla the Parlsh GI￿ryI *herne has IK￿1$ed. At the same tyme, of COUfSe, c95t5 have Increased for the ¢hurch. but ihanks to rosoarch and negotiations, now ut;.Iity ¢ontra¢ts wlth lowor rates have hclped reduce expenditure a5 well a5 many budieted Experw beingdelayedL¥ reduced. As a result the xtuol deflcit for 2024 wa$ half ol the expected fi8ure. 6ud8etary Polldes In 2017, the PCC established a new set ol bud8eiary polcles to enable the church to focu5 on mlsslonal devekipment and ensure good malntenance of the church bulldln8S. Pollcy l.. The Gènèral Fund should, ar least, break *veThèveryyear. li.è. evéryéay funnlng costs shoulLI be covered by normal Income.] In 2024 expendlture was~ £35,LMY) 8rea¢er than Income. but E27,(M￿ of that W35 depreciation. The PCC has looked In detail ai ihe bud8et for 2025 and agreed a budget ¥Yhlch results In a deflch 01 £22,000 Includln8 depretharion. Pollcy 2.. Alm to hold 20% of general expendlture costs in reserye. Ilt 15 the PDllcy of the PCC not to malntaln reserves orher than sums necessary to meet 1dentrf￿d fvture requlrements.I In 2024. the cash avai13ble in the general fund wa5 still over 20% of expenditure, so we will conslder a proportlon to be transferred to the capitsl malntenance budgeilfund. PollLV 3- Establish a tapital maintenance bud8eVfvnd. The Pccexpetts to spend substantial amounts of money on necessary capital maintenance of the church buildlngs and StAC in 2025. and will be uslng the capltal maintefftance fund to finance most of thLs. Policy4.. Establish a m￿s￿lnal developnent fund. No additlons have been madè to thls fund In 2024. Grant.Ma￿ns Pollcy Each Year the Council donates unfestritted income to a vafiety ol tharities whose wor* coinddes wlth the charltable aims of the PCC. Investment Pollcy The PCC éoes not intend to rnake long-temi in¥e5trnents out of incorning funds. Surplus funds are kept in deposlt ac¢ount5. The ownership of Narrow lane was ori￿nalY seen as an opeTrtin8 resource to be u5od principally lor the housing ol staff workers rather than foi the generation of rental income. Howevei, when no siaff are uslng the accommodation. a rent sufficient to offset the maintenance and mortga8e costs 15 charged. The Parish of St Andrew with St Etheldreda, Histon Rlsk Management The major risks to whlch the PCC Is exposed have been reviewed and systems and procedure5 designed to manage those risk h3ve been establlshed. Kèy Mana8ement Personnel Remuneratlon All Current members of the PCC are trustees and glve of thelr timefreety and ng trustee rernuneration wa5 paid in the year, The tler8y ale also trusiees and ihose who are stlpertdiary are funded centrally by the Church of England and not directly by the charity. Details of trustee expen5esand related party transadions dre dlsdosed in note 10 to the atcounts. Tru5tee5 are required to disclose all rdevant lrterests and register them vthh the PCCsecret•ry and In accordance wlth the Pcfs pollcy wlthdraw Irom declslons where a confllct of Interest arlse5. Sole8uardlng The PCC has complled wlth the duty under sethkin 5 01 the Safegubrding and Clergy Dlscipllne Measure 2016 to h?ve regard to the House of Blshops, guidance on safeguarding thildren and vulnerable adults. Statement of the PC¢s Responslbilitles Charity law requlre5 the PCC to prepare finarKial 5tstement5for each finarKlal yearwhith 8l¥eatrueand lairvlew olthe state ofallairsof ihe Pccand of the $urplus ordefiot ofthePCCfor that year. In preparln8 those accounts, Ihe PCC 15 rewlred to.. 5elea suliable a￿O￿ntIng pollcies and apply them conslsten¢ly. Make ludgements and estlm•tes th¥ta￿ ￿a$0￿ble and Pfudent. Prepare thè tlnanclal statemtntsonthe ioing contem baslsunless It Is Inappropriate to presume thatthe PCC wlll contlnue operatln8. State whether the polltles adopted arn In acoYda0￿ ￿th the CharftSes Art 2011 and wf(h appllcable 8ccoundn8 Standards and5tatements olrecornmended practke, 5ublectto any miterfal departures d15closed and explained in the hnanoal statements. Observe the mwhods prin¢wles of the Charrtles $08P, The PCC is re5pon5ible for ktepln8 proper a£countln8 records which disdose reasonable accuracy, atanytlme, the finandal poslilcffj of the Pccand wenable themtoensurethatthe fln?nci31 statements comply wlth the Charitle5 Act 2011. They are also respon51ble for saleguardlng the assetsofthe PCC and hen￿ for taknrw reasonablestepsforthè prevendon and detection ollraud andother irregularthes. By order of the PCC Canon James 8landlord-Baker. PCC Chalr The Parish of St Andrew with St Etheldreda, Histon Independent Examlnerfs Reporttothe PCC Thi5 report on the financlal st*ements of the PCC fortheye•rended 31st December 20241$ In re5pert of an exam nation earried girt In a¢cordance wf(h the thuTth Accounting Re8ulaiions 21yj61.the Re8ulatlon5'1 andsecugn 145 of the Ch3ritse5Art20111'theAcVI. REspedlve respon51bllWes of the trustees artd the examlner: A5 the members olthe PCCYDU are responsible lorthe preparationofthefinancial statements.The PCC cDnsider that an audlt is not required for this yearunder the Re8ulations and section 144121 of the ACL and that an independent examinatlon is needed. The ¥r05s Income of the PCC has exceeded £250.000 and l am qualified to undertake the exarnlnaiion ty beln8 a quèllfied memberoftheAssociation ofCharteredCertifiedAccountants. It Ss my reSpO￿lb￿lItyto'. examSne the finan¢lal statements undersertion 145of iheA¢i-. exam5ne the f¢nant5al 5t3ternents In attordaneè with the Churth Attountin8 Re8vlatlons 21XI6: to follow the PTocedure5 laid down In the General Dlrections glven by the Charity Commlsslon lundersectlon 14515llbl oltheActl,' and to Slate whether partlcblar mattets ha¥e to my •ttentk)n. Basls of Independent examlnerf5 report: My examination w35 carrled out in accordance wlth the General Oirectlons ￿en by the Charlty Commlsslon and to be found in the Church Guidance. edition. 15SL*d by the FinarKe Dlv151on ol the Arthblshops. Countll, An examlnarion Include5 a revlew of the accountlng records kept by ihe PCC and a comparison of the financlal stateménts presented wSth those records. tt also Sntludes consideratlon ol any unusual items or di5closure5 in the Ilnanclal Statements and seekIn4exp￿n4tlons from you as PCC membèrs conternlftg such matte15. The procedures undertaken do not provSde all the evidence that would be required in an audit, and consequendy no oplnion isgiveTh a5 to wheiher the Inanclal staternents present a true andfairview, andthe report islimitedt¢ those mattersse¢ c¢ut Inthestatemeni below. Independert Examlnerf5 Sta¢eff*Tht: In cennethion ￿th my examination, no matterhas come to nyy aitention 111 whl¢h 8ive5 me reasonableeause to bellevethat inony materlal respec¢ the requlrements.. to keep acco￿ntIng re¢ords In ?￿ordanCe whh section 130 ofthe A£t,' and to prepa￿ financial statements whith accord with the accounting records and to compty wlth the requirements of the Atr. as also cofital￿d in the Church Ac¢ouniin8 Re8ulatlon$ 21X% hève not been rnet: or 121 to which, In my oplnbn. attention should be drawn in order to enable 3 proper undersiandin8 ofthe flnancial 5taternenls tobe reached. lan W Shlptey Fcci Independenl Examlner For and on behalf of, Prentis & Co LLP, 115¢ Mihon Road. CambridBe, CB4 IXE Statement of Flnanclal Actl¥ltl•s ForiheYeaiend￿93J Dewnboi1024 Noiw4 2024 24ZJ I￿5 Income Dur•tbn5•ndl#aths Chint1*4¢t￿1t IB2.3 29.120 219,696 350 182,190 29,599 202.459 Jb 2c 29.120 219,696 2014S9 Ljtr In¥e5tmeDt5 her In¢(4Te IS3 433,310 4JJJJD 414J7k iU.U4 Elpendlluie 2S7.gJ8 19AJJ L77.00 210.4•0 22.04b 14J.114 Trldingactm￿es 179.1SS 179.ISS 4SSI2J 169.342 169.341 412,456 A61 IZL6JS1 m¢¥•mintlnlw*5 TotsifuAsb¢ouihtforward 670.IB4 1,102.231 1.772.415 LI￿911 645.771 I.114￿66 1.770.587 L772,415 Tromtosonpy Ilto231ormwrtofthaeth￿￿Stale￿r1k Balance Sheet 31 December 2024 Consdld•ied 2024 2023 Parent 2024 2023 Flxed assets Tangible fixed assets Investments 1.606.2C#) L629.694 1,537,318 1,561.970 90.000 1.627.318 1,651,970 Total FINed assets I,￿.2l￿Tr 1.629.694 Current assets Stock Debtors Ca5hatbank in hand Total Current assets 20,496 171,840 195.336 22,216 176.990 2(KI.706 61,814 166,206 228,020 156,459 216.553 Uabllitles Credliors- due in one year 21.221 2L361 13.049 13.649 NetCuffeDt •ssets 174.115 179.345 203,504 214.371 Totol a%sets less current 1.780,315 1,809.039 1.830,822 1,866,341 Q•dltors- du• aft•r on• Year 31,393 36.624 1.748.9zz i.m.415 31,393 36.624 1,799,429 1.829.717 Total NetAssets Resirlcred income lund5 Unreslricted incorne L082.398 1,102,231 1.082.398 1,102,231 353.484 348.648 403,991 406,130 Unrestricted incomè fvnds- designated 313.040 321.J3fj JiJ.040 321,356 Totsl Chrtty Funds 1.748,922 1,7n.415 1.799.429 1.829,717 The notes on paRe5 11 to 23 form part of these ￿COun Approved by ihe parochial Chusch council on 6 Moy 202) dn¢J vii brlidif by. Canon J3rn95 Olandfo*d.B•ker IPCCChairl The Parish of St Andrew with St Etheldreda, Histon Statement of Cashflows Forlheyearending 31De¢ember2023 Consdldated 2024 Parent 2024 2023 202J Note Cashprovlded bylltsed In) operating a(ti¥ltle5 Ca5.h Ilowxfr4)m l1we￿I.￿￿athvftl¥ Interest Income Purthase oftangl￿e1SXeda9Sets li 1,768 24A94 111,1581 18,732 1,411 236 IAII 236 13,3811 11.3581 11,3581 Cash provlded byln¥estlw acdvltles Cash n_pw5lJpmli￿afjrlpKar1tvI￿ss 12021 23A72 19.7471 17,610 14.9481 14,8521 Cash wid InfflnanclnAa¢thltl•s 14.9481 14,8521 Cash at biWnnln8 of year Increase In cash in the year 176,99) 158,470 166,206 148,596 15,1501 18,520 19,7471 17,610 Cash atend of yeir 171.810 176.990 156A59 166.206 The notes on page5 11 to 23 form partof these accounts. io The Parish of St Andrew with St Etheldreda, Histon Notes to the Financial Statsments forthe year Ènded 31 D￿rnber 2024 Notes to the Flnanclal Statements 1. Accounlbn8 Polldes lsof preparatloThand a55e55men¢olÉdryfoKem The flnancial 5tstements have been prepared underihehlstorlcal costconventlonwtth iterns rewnlzed atcostoftransartlonvalues unlessotherwi5e Stated in the relevat)t notestothese finantlal statements. The financlal statements have been prepared in accordancewith the Staternent of Retemrnended Prnctice: Accounting and RepOrtIr￿ of Charibes preparin8 thelr financlal statements in actcrdance wlth the Hnancial Reporting Standard applicable In the UK and RepuWl¢ of Ireland IFRS 1021 leffeC￿Ve I January 20191 and the ChantiesAct 2011. The finanaal Statements have aLs0 been prepared in accordance with the Church A IW6 IS,8 747.44* ?77. 12 13 4>.Jl• ¥7.•27 117,931 j.rnj 161 )7.$17 Saint AndrÈ*'i Centie Cèlé Jl tr41ffowLa on The Parish of St Andrew with St Etheldreda, Histon Notes to the Financial Statements For Ihe year ended 31 De¢ember 2024 3.15taff wsts Currentyeaf Unrestricted funds Reslrlcted fvnds Tot•1 funds 2024 2024 2024 Wa8es andsalaries Narional Insurance 159.491 159,491 7,301 4A42 171,234 7.301 4.442 171334 Pension contributions Prfor"y•ar Unr•strfrt•d funds 2023 fvnds 2023 Total fvnds 2023 WagpE National Insurance Pension contributlons 138.298 365 365 3,773 141.436 3,773 142.436 Durins the year, the PCC employed i Y04rth Minist¢r. afi Int¢rim Youth Minivttr Ip•rt timel, • Children's Minister, a Church ManaRer, a Church Administrator and a VicaI5 PA. Thecafé employed a Cèfé Manager, a part-iime Dep￿ty Mana8er, a ￿rt-tirne Chel and 4 part.time Assistsnts on an ad- hoc basis. No employee had employee benefit5 in exce55 01£60.11￿{2023.. none). A srnall portion olthe expense5paid tothewcar alKI￿r￿e5 may have related totheirservi￿s as chair and members olthe PCC respectivelv. Key personnel afe the ChuKhwarden5 and Treasurer. who aretrustees wlv) do not 8et paid, and the Vitarwho is not paid directlyby the Charity- 4. Translers btheen lund5 Tran5fersof fund5 dur¢ngthèyèarwereasfollows'. From.. Unrestritted Desiinated Ibuildin 4.942 Depreciationchar8e50n building assets Tv.. Urtrcsthrt¢d Gonoral funds 4,912 15 The Parish of St Andrew with St Etheldreda, Histon Notes to the Flnancial Statements For the year ended 31 December 2024 5•.T¥nÉlble Axed Assets-COnso￿daledl2O241 Freehv land and buildin85 Flxlures and fitt1ry5 Compyter •qulpm4nt Total Cost: Asat lJaftuary2024 Additions As at 31 December 2024 1.901.594 58.628 3.381 1.901.594 62,( 10.119 1.970.341 3,3BI 1,973,n2 10,119 Dèpre¢latlon Asat ljanuary 2Q24 Chjrsej 274.141 25,318 56.3B7 1,557 10,119 340,647 26,875 As at 51 December 2024 299.459 57.944 10.119 367,512 N•t WAIu• As at 31 December 2024 L602.US 4.065 1,606,2(XI Tanglble HxedAssets-PaMntl20241 Ireehdd land and bulldln Flxture5 Computer equlpment Total Cost.. Asat ljanuary 2024 Additions As at 31 Oe¢ember z024 1.819.184 37.993 8,682 1.865,859 IA19.184 37.993 1OS5,JS9 Depreclatlon Asa¢ ljanuary 2024 Charge5 A< atr 11 nprpmhpr ?0?4 259,348 23.670 281.018 35.859 982 8.682 303.889 24,652 128.541 36.841 8.682 Net book value As at 310e£ernber 2024 1.536.166 L152 1.537,318 16 The Parish of St Andrew with St Etheldreda, Histon Notes to the Financial Statements For the y$ar ended 31 Oecember 2024 5b. Tangible Fixed Assets-Consdldated120231 Fffthold l•nd •nd bulldlws Fixlwesand ffttlry Computer equlpment Totsl Cort.. As at lJanuary2023 Additions As •t 31 December 2023 1.90L594 57,270 1.358 58.628 10,119 I.￿.983 1,358 1.970,a41 1,901594 10.119 D•preclJtlon Asat ljanuary 2023 Charsej 248,823 25,318 51A35 4.552 10,119 310,777 29,870 As at 31 December 2023 274.141 56.387 10,119 140,647 N•t bool wl As èt 31 December 2023 1.627A53 2.241 1.619.694 T￿n￿ble FlxedAss•ts-Parerbtl20231 •¢1￿1￿ l•nd •nd bulldi NxtW•5 Computer •nd fittlb ulpmont Totsl Cost. Asat I january 2023 Additions As dl 31 DeLeiiitJei 2023 I￿19,184 36.635 1,358 37.993 8,682 1,864.501 1,358 1,819.184 1.8GJi8J9 Depr•(1•￿On s èt l January2023 Charge5 A% At ?1 Trprpmhm ?n?a 235.678 23,670 259.348 31,939 3,Y20 35.B59 8.682 276,299 8M2 303,889 Net book value As at 31 December 2023 L559.836 1,561.97U 17 The Parish of St Andrew with St Etheldreda, Histon Notes to the Financial Statements For the year ended 31 DecemtEr2024 Investments The Pccholdsone £lordinarysharein itSw￿lIY0WnÈd subsidiarycompany Saintthk*lsCentrÈC2fé Limited (with a share prembum of £89,9991. The res￿$ of the subsidiary are summarised in Notes 13 & 14. Consolidoted 2024 2023 Parent 2024 2023 Tax on gift aid receivable Other prepayments and actru¢d Income Loan to Icafél sub5tdiary 10.719 11,726 10,719 11,726 9,777 10.490 9.777 10,4 ZOA96 Z2316 61,814 Uabllltles Consolidated 2024 Parent ZOZ4 2023 202J AmountsfallinRdue in one ye3r Tax ènd natioMI insurance VAT Liability 31 Norrow Lane mortgage Credli Cards 3,341 5,827 2,375 5,010 7.216 2,512 1,499 7.216 31 570 394 255 Accrual & defcrred in¢ome 2,240 2,240 2,240 2,240 Trade creditors Advance receipis 384 21221 36 ZiJ61 384 la￿49 36 13,649 Amountslallln8dueaftef one yèar 31 Narrow LanemortKa8e 31,393 36,624 5fj.624 31,393 >IA93 36,624 36.614 18 The Parish of St Andrew with St Etheldreda, Histon Notes to the Financial Slatements For the year ende(131 December 2024 9. Funds Balances as at I In￿rning Resources January resources expended 2024 Balances 3$ at31 December 2024 Transfers UnrestrictedGeDeral Fund5 General Fund Vnrestrfrted Desl8nated Funds Buildings Fund Children and Youn8 People weekend Away frund A86trictod Su￿d5 348,648 432,041 1432.1471 4,942 353,484 295.711 10,952 14.9421 290,769 8.248 1.289 13.9931 14,873 18501 14,023 St Andrew'sCentreFund Vicar Discretionary Fund Chancel RepaifFund Tptal fvnds. 1,091,708 119,7101 11231 1,071,998 523 400 io.( 1.7n.415 10.000 1,748,9ZZ 4JJ.JxI 14>0A2JI Balèncesas d( I Incomi￿ REsouicts •xp*nd•d 8alan¢es as 4t31 Tran51er5 January r•sOur￿# D•cgrnb•r 2023 2023 Ilnr•%trirtpd fipnpral Funds General fund 317.406 412.797 1386,4971 4,942 348.648 UDre5trltted Desi8nated Funds Bulldln85 Fun41 Childfen and Young People Kl.653 14,9421 295.711 12.789 14.873 1,474 13,311) 10,952 14,873 Weekend Away Fund Resirided Funds StAndrew'5 Centre Fund Icar Dlxretlonary Fund 1.114.356 122.6481 1.091.708 510 io.c( 1.770.587 13 523 10,000 1.7n.415 ClidTiiYl Ryyoii FviKI Tolal funds 414284 141L4561 19 The Parish of St Andrew with St Etheldreda, Histon Note5 to the Flnanclal Statements Forlhe y&ar¢nded 31 Dectsmber 2024 Restricted lunds: StAndre￿$ Centre Fund-this fund was set up to redevelop and renew ihe Church Hall's slte. ala￿e1 Rep•ir Fund- thlsfund w35 est3b1￿hed in 2020 follow'.ng a legary roquest for this purpose. These funds have not yet been spenL trNt there are plans for major repairsto be undertaken in the next few years. Vlcarfs Dlscretionary Fund- thls fvnd was estsblished In 2020 to allow the Mtar to rnake small grants at hislher own discretlon. O•s1￿•t¢d fvnds: The 8ulldln8 Fund holds the valup of the stsble Room5 and Narrow lane properoes. The lunds can be used for general purposes. A d￿gnated fund w35 establklhed In 2020 as part of ¢yJrwoth In prforilisin8 Chlldren and Young People, Weekend Away Fund-thls fijnd was sèt up to rete1￿ donation5 towards the (ost of ihe weekend away. v￿rand Churchward•nJ'Trurt'. This Is a special trust ol the PCC whlch Is held bythe incumbeni and churchwardens for the express purpose ol assi5tin8 the PCC in the m•lnten¥nce of the thurth and thurchyard. It 15 vested ITh the DI0￿$3n Board of Flnance IDBFI as custodian tnjstee. A topy of the financlal ststemtnts is avallable on request. Transartlons wlth rew yrtl•s Therearetr8nsa¢tions betweenthe parentlChurthl*d subslllary ICafél.The5e arelncluded In notes 13 & 14 but excluded from ihe maln con501idated 3c£ounts. The crn55 char8es areE25Opm from the Centre to Calé lor 5ervlce £har8es. and £250pm from Calé to Centre for deanlni. Tr*re15 also a loan account lor the Café whlch was orlglnalty used to a$5iStwith thesetup. stocking and firsi years oporational COSL This wlll be repaid over rime from proftts and curTentlystènds at£39.59812023.. £39,598>. A lease agree￿￿nt ex15ts between the Café and Pccforan initial >yearterrn, wth a monthly rental of £1,000. Thls has been walved bythe Landlord IPCC) until 5uth time 45 the Café15 making a sustainable operatlonal profit. Thls waNer is reviewtd on ￿ onnual basi& A proportlon of any profltsfrom the Café will be paid tothe PCC a5 admdend. The Virar and Churchwardens. Tnjst mwle w contribulion during the year12023'. no tontributlenl. 20 The Parish of St Andrew with St Etheldreda, Histon Notes to the Financial Statements For the year ended 31 December 2024 11. Netmovementln Funds Reconciliation ofthe net movement in fvnds ro netcash flow from op￿atIng actlvrties Parent 2024 2023 2024 2023 Netmovement in Funds Add batk depretiètion charge Deduct interest intt*me shown in nvestingartivities Add back interest paid shown Srt Nnancing activitie5 rhAn8p in d?htrJrs Change in creditor5 Change in stotk N•tcash pro¥lded bylusedlnl 123.4931 I6￿75 11,4111 1.828 29,870 12361 130,2881 24.6S2 11.4111 2.109 27,59] 12361 4.948 4,852 1.720 15.3711 I1,5(￿) 14.1561 17,6641 1.720 14,2871 15,8311 16,4441 1.768 24,494 111.1581 18.732 IntAndI￿>(entr¢ The cr055-charge transactions between the Centre and tsfé I￿ included in ¢heseNite charye and utilitie5 118ures inorderto showlhetrue operatln8COStsottheLentre. 2024 2023 Income Net Lettin8S 5eNce charges Cxpenditure C1•3nin8 70,824 66.870 3.OWI 3.000 4791 24,483 14.6CIJ 12,OCiI 12.IXKI 4.491 6,236 28.508 32.243 Staffing Rcpairj and mainienan¢¢ Profit 21 The Parish of St Andrew with St Etheldreda, Histon Notes to the Financial Statements For the year ended 31 De￿rnber2024 13. Salnl Andrews Centre Calé-Pmfft & Loss The cross-charge transactions between the Centre and Calé are induded iThthe cleanin88nd utilities figures in orderio showthetrueoperatirbgcostsofthecafé. 1024 2Q23 ome Turnow¢c Cafecèrerln8 Charlty iiems Goods & Other 135,319 126,172 50 223 1.5Q3 1.256 136m 127.651 Cost ofGood5 Caterin8 Non-lood pur¢hases PIAni Hir• 35,513 38,549 1,7bl ?sn 37.554 Kn5 Gyoii M*rybn 9331 86.926 Rmnk fhAI8ps Catering equik￿jeflt Cleanin8 seNces Operat￿nal Depreciation IT& Telephony Insurante 4.44 617 10,385 576 79 9,897 632 1,125 1.624 91 1,137 1.848 125 Marketing & thertising Office Supplies 1.136 831 68.276 63.197 1.970 2.725 148 236 Maintenance go￿96 85,559 OperallngProfitllL05$1 Capital Depreciation 8.442 1,367 Totsl ProfrtllL05sI 12811 22 The Parish of St Andrew with St Etheldreda, Histon Notes to the Financial Ststements Forthe year ended 31 December 2024 14.Sa1ntAndfe￿sCen1recafé-￿I1Ante Sheet 2024 20ZJ Fixed Assets- TanElbles Commercial Buildir Computer Equipment 65.971 67,619 106 Plant& Machinery 2,911 68.882 67,725 ¢urreftt Ajseti Stock Bank ac¢ounts Urtdeposited Funds i.s 10.330 454 14.294 1.087 18,381 87263 12284 Attounts Pavèble Accounis Payable IX179 829 5.827 437 876 5,010 315 VAT Control Café Credit Card L6abllltv. LonR term SL Aiitliew'> PCC Ludii 39,598 47.770 39893 47310 31.699 NetAssets- iiabilllles Called UpShareCapital lincl. premi￿} Retained P&L Piofil & Los5 157.3011 6.794 157,0201 12811 32.699 Totsl Shareholdpr Funds 39A93 23