BUCKNALL: PAROCHIAL CHURCH COUNCIL Charity Number 1129234 (The Parochial Church Councll of the Ecclesiastical Parish of Bucknall, Staffordshlre) FINANCIAL STATEMENTS For the year ended 31 December 2024 Howsons Chartered Accountants Independent Examiner8
BUCKNALL: PAROCHIAL CHURCH COUNCIL INDEPENDENT EXAMINER'S REPORT TO THE PCC OF BUCKNALL TEAM MINISTRY This rewrt on the aC)unts of the ParC(hi Church Council for the year erKl&J 31 December 2024, which are set cul on paJes 1 to 10. is in respect of an exarnination ¢rried out under the Church Accounting Regutations 20C6 {e RlaIK)n57 and S.144(2} of the Charities Aci 2011 fthe 2011 Respective regpon$lbllltles of trusteeg and examinor As the members of the Pra1 Church Counal you are resFrtJwible for the preparation of the accounts,. consider that the audit wuirements of the ReguL8tions and section 144(21 of the Charities Act 2011 (the 2011 Act) do not appty arKI that an independent examination is needed. It is our reswnsibility to issue this repcyl on trSe accounts in accordance yth the temis of the Regulations. It is my responsibility to.. - examine the Unts under section 145 ofts 2011 Act - to follow the pri)cedures laid in ts general Diwtions given by Ihe commission under section 14SIS)(b) of the 2011 Act - to state ether particular matters have come to rny attentK)n Ba818 of Independont ¢xamlneVs report Our examinatw)n was carried Olrt in accordan the Generaf DIrlonS given by the Charity Commission. That examinalKm Ine$ a remew of the CoUnting records kept by the ParoGhial Church Council and a comparison of the YJntS th those records. It a&0 includes considering ary unusual items or disclosures in the acC(rts and seekirg explanaticS from you as truste8S conceming any such matters. The procedures underten cb not provide all the evere that would be reqLrired in an audit, arKJ wnsequenuy no 0.n10n is given as to vhether the unIS present a rue and fairVie and the report limit&J to t1 matters set out in the rExt statement. Independont oxaminorfs 8tatmnt I have completed my examination. I cc*ffimi that material matters have come to my attention in connection the examination ging me cause to be that in material respxt accountng records Ere not kept in resFrft of the Trust as rUl[ed by section 130 of the A¢t', or the accounts do not accord vith Ihrjse rBcord5,' or the accounts do not comply vlith Ihe appIable rojuirements concerning the form and content of accounts set out in the Charities {Aonts arKI Reports) Regulations 2008 other than any requirement that the aGcounts give a true and fair view lch is not a matter considered as part of an independent examination. I have concems and have come ro$S no other matter in GonnectN)n wth the eyAmination to vthich attention should LE draym in this report in to enable a proper understanding of the counts to te reached. Rebecca Williams Chartered Accountant Howsons Chartered Accounlants Winton House Stoke Road Slokewon-Trent Staffs ST4 2RW Date..
BUCKNALL: PAROCHIAL CHURCH COUNCIL ANNUAL REPORT Forthe y•ar Ond 31 DÈ¢ernber 2024 Alms and purpo#ès Bucknall Parochlal Church Counal {PCC) has 1he respSl of promolng kn Ihe ecthskst(cal parish. Ihe wholè mixaion of tr8 Chureth. pastoral, évangèlislic. 1 and ecmnrl. It also has maintènxn¢e responsibilities for the Churches of St John's (Atty Hutton). St StsPIn.s {ble¢} St {Bu(kn8111 plu3 the M8rychurth Centre {Bucknal). Chuffh attendance The a 177 parishioners on the thtor81 R(Al. The werdge attermIan wi Pers vra8 148 adums and 3 Und 16's, but this nurthr increased al festNaL8. In additton we had a numter of peokle lInku In wlth 'Churth at homrf servKXS via YouTthg'. OLf ThshiNMng LX)rnrnnty totsts 269 indudfjig d-Week acl1vlt$. ObJectlve6 and actlvltle¥ The PCC is wmmitted to as mY people as w)ssibk lo tship at our churches and to be¢ome part ofour parish communty Bueknall, Ablw Hulion 8nd BÉne. The PCC maintsins an overview of worship throughout the parish and makes SJgestiOnS on how our seryicEs can involve the many groups that Ilve within OUT parish. online presence, 8er¥iLW 'WPPgTson' and put farth irrto prackn through prayer and scripture. music and sacrament. When planning our for the year. have (x)nSI the guKlance on pubk benefft and. in pardcular, the supplemenlary guldance on charthes fcw the advan¢emenl of In part14. wo ty to &n8blè ordin8ry peo tr) out their tdru) 8$ part of our parish cJnmunity through: - Worship and pwer., leaming atKMrttr Gospel., and doveloping thpw kn(v and trust Je6US. - Prnvisl of pastoral care for peoOe in the parish. - Mlsskjnary and outrè8eA wor 2024 has again been a busy year with lots going on, k)ts of opportunibes and SIc&S stro1(d across th& team. The year saw 8 number of changes across tt Team. We enlered InteThegnum as our Rector Revd Dave Street moved to pasknres new al the end of May. Dave and his famity ny)ving on left a huge ho In I church family acro Ihe pari$h. and espeoalty al St Stsphgn's. Whlst we are 8ad lo see them go. we are vary thankful the m8ny years tw have served parBh, wth Dave "ng first Curate, Ihen Team Vi¢ar and becoming Téam Rector. But. 8S ts oftèn thè tase, wt of tirnes often see change as others slep up and out to serve and V4E see people gr. Revd Makom LiSed to aslats Nfnisty trKJk on overslght of St John's & SteWien'$, Tmlh Rovd Julg ovee1j St M&rf& LInsed Lay Leaders and number of members havo stgpyj . laken on 8dditkn responsbilty, 8tepped out into new aws of service and given of themselves. Our Church Si)d Kingsland A(ademy (x)ntinues to go frryn stryngth lo strengttt. Throughout the year the staff team have worked closety with school in our shar&J mission togelherto ljcal families. ljoth in school antl through our ¢hurc&s. Rev Rob 18 coming to the end of his cY and has been on placements in othér churds ¥Al$t Ctrtinuing his work as school thaplwn. It is so encouraging lo re(sl Ihe hundreds of schcd children 1*h hear the good of Jesus regulaty schools and mid w•ek through our clubs.. th8 many frmleS Ihat h8vÈ tyneCtsd to through Baptism minislty. the decisions to fkn¥ Christ that we have celebrated amongst us. lh& confim)8tlon8 that declared,. the wed(Jlngs that we have o)nilu¢te(J and Ihe fijneral Pamaie5 that have been supported. Even those now in re8idential c£re have been suppyied at Oak Prw. Holy Lodae and Chesford Gra)qe.
BUCKNALL: PARocAL CHURCH COUNCIL ANNUAL REPORT (Eontlnued) Forthe yearended 31 December 2024 Thmughout the year the Local Leayershp Tens have takw" resrKJistslty for day lo thy runnirKJ of our churthe thr vison aThJ ts"r a(wit. Th? PCC, •¥ the kngal g9¥eM¥ body ol Jr Parish. has to o¥ersee the monagernont. ¢ritic4 saf&Juarding. finalt and legal re5ponFAbility of our Irts togethw. Thank you to our PCC reps who h8Ve rAynpleted their aThl others wha have 5terrf)al L4). thJrirvJ the >Ear hekl a Sethon 11 meeting, th the Arthdeacon and memter from CPAS Patronage guKJed us thrOh the prO8s to be9in the pro8 ofwJwinlira a nvwTeam Recior. As a PCC, we have beeft up a Patsh Prnffik as a firsislEP (this FYLWS. We have rnade every effort to Use our gatheriros to Share across the dkEtrKts the IL at¥J work of God's kwwom amongst U5, whiL%t praying worshippry together. Equalty, 1hose with the Bk8hop's license have met as ts Parish Le&r5hip Te to suywort aj pray for one another in their respedNÈ roks. Our church wardens Ihé Pafh do an inredIN tr Job an¢5 ¥Acial tha tothc ar• staThJing ¢own thi$ yo8r for thosè offarina to take up the rde. We have held a number of pt SeThI wth Sl hn'S and Sl st.8 be aknale hosts Or a tnonth plus all three chrudE5 coing at key dates durnJ the Jear inckniThJ Mnt SuThty an11 at a Pansh BBQ in the summer holKYays. We are on8 churth, ihat rneets in mulbpk Venue5 and just as the Ads (kvoted it5dflo teiry, fellowship, the breaking of brea¢ and to Prayer, we are cal to do the same. A8 they praised God and ate together wtth glad and sincere heart& the Lord Iday lo ts'r nber those wèKJ were bejry sav&l. May thi% also be Iwe of u8. Aehl•v•m•nts and rf¢Ia•I1•VI olth• J•ar Dl8coverlng the heart of Ood: We have sought God's heart through wrM)rshp. Tri t6aching, li praJr and a5 ha and encouraged 0th8r8 to grow in th8ir fath. l are come to attend our re9ular seThi, and the PCC are keen lo offer a rarwJe of services both in per89n and on Ine during the week arKI over the cc4ne of the >ear that cwr (xfftmunrfies fThl both benefic4al and SPiTitualty fulfilling. As EII as our reguLir 6eThices. enable our cx)mmunty tci ¢ble and thank God at the milesiones of the jouffEy thr(MvJh ffile, throLgh Baptsm, MarrwJe and Funeral servir£s, plus a number DI Memorial Servrm, Sp for familps to remember and pray fur friènds, family aThY loved e$. We (x)rth"nue to towards be0)rn9 nw)re demeTrtia frierKIty churches and are part of the 'Safe Placs' SLeme ané all three districts have offej Wami Spac8s' adwit offeiw a wam) pLe• to srt pl fr•• tea. r>)ff•• &toasV(k• in Rspowto tho ivxa88 in fviro Wtr aro commthd to daily pray arJ ly¥hI). daity o•Jiigs l)lJle stY notes and our publc worship accessible end relevant to our rmmunity with modern rnu and engagiry teaching and preaching. Our faithful prar groups have contynued to rrrt Mgn's & Ladies monthty breakfast have rA)ntinued and partscpants pray aThl seek to grthv tr1. Through regular bitAe teathiro and War. VR havg 8een GOJ at vKyk in P,$ hes and grow in their faith. Growing DipIeS Wekn been teaching al God's to bB for in Ir hcffjes ar*J wnvnunrfi89. We encourage poopk to invest in thr Spiritual lifo through daly devotw, offering OppOrtunrt to gather together for btityle study. w0h1p aryl plnbS have partKipated in dise4pWiip groups. prayed together, shared twkfagtaThJ SI in many pra¢Jical way& Bib Study growB have conlinu&l arxoss Ihe parth th[wt the )eaf vA)ether meebNJ in person or online, folhmng diffenI material and to awy s(TpturE our li¥es.
BUCKNALL: PAROCHIAL CHURCH COUNCIL ANNUAL REPORT l¢ontlnuod For the year ended 31 December 2024 Mi&week Bible Study groups have continupAI rosS the parish throughoLrt the year ether meeting in person or online. fdlowing different materia and thking to apply scripture to lives. We have continu&Y to supp)rt our Fay leaders and gp oppyiunths for them to fhyjrish in their ministrEs. Reachlng new generatlons Youth th across the parish continues to grow fthrish. Our dedicated volunteers vtho enable Lh mid-4ek and SurKlay letship, have once wJain offered creative and inwring leaching and helFed to draw the next generation cbser to Jesus...for which we are so thankful. Our Mothers & Toddlers Group run by St M$ Church & King$land School cdebrabj 50 years ots prowding love and care tcmjdlers. parents and cers in our community. A Celebration pty a$ held with invitations sent OLrt to all the people are still Wth us have helFd or bn a part of the group over the years. A good time was had by alll We are so ttsnkful all who have contribut&l in any y. and that the group LtinUeS to be a hub of toth t0drS carers tc#Jay. We have built on Ihe strong rdationships wth our k)cal SChC8. wth clergy and church memters seing as Governor5 and vJurking ck)sely in our mi8SK)n together to thal families. tK)Ih 51ng armj leading actiwties in schools and e1COmIng children staff frcffl Ial schools into the church buildings throughout the year for seanal celebrations, and also the Culms & Scouts. The Lighthouse Cerrtre. a partnership invoMrvJ Lthfield DKwe, Kingsland Academy and Bucknall Parish continues to flourish and reach %Xrt to support b¢al families. It continues to run parental workshops parents and children ioir)iryJ tO3ether to complete actiwties each half term, a weekly playgroup oryJaniwJ arKI ddimwed by our community and Friends of the Lighthouse Team with an average of 18 babiesltoJdleT5 and parents each theek. The Lanlem Café holds regular special events and lurthes vthere members of our church community come tcgelher to share lunch with Ihe children. abrvJ 1th various craft and support groups for Ial families and projects. The youth work and particulady the new Bwknall Team Ministy Youth group has been amazing. This has brought together the youth of all three thurches aThJ other youth from our area. Alpha youth was well attended which came after the highlight of at the trip to the 'LIMeSs, Jouth festNal at the Staffcdshire County shNground. INe also have members crf the youth attending Blaze youngers18aders training. We look foryrdrd to seeing this grov4S develops. Tran3fornilng Communltle8 We are committed to seeing lives transf0ml in the kxal area will aim to be go¢xl ne to our neighbours and friends.
BUCKNALL: PAROCHIAL CHURCH COUNCIL ANNUAL REPORT IntInu$d) For thè yèar #ndad 31 December 2024 We are passionate abxrt our ¢ommunibes, commrtied to tIesrj our communities, and to meeting their nds spiritually as well as helwng in more pr&tica ways. Outreach has been central throughout this year with teams out onto the estates on Saturday mornings introducing ourselves. offerEng wayer. invthTh3 peo to Church, sharing the gospel through word and action. This has Ien 11 received and has to derful cOnversatnS and a number of LEoDle re-connectino wth (urch. We have held a number of events to ¥thh our ¢))mmunibes have been invited inclLMling a Flower Festival and Christrnas Tree Festival, chrlmaS Lhts Switch on, Quiz Nights, Light Paty, and Biker Church and Blessings continu Due to the generowty of so many volunteers, dcrti and grants VR have been able to help our communities with emergency foc#J aThJ other prthal assistance. Just a few examples of this are Our Blessings cupboards Imth items dord by Ihe c{munity a1 distributed to in need in the community. -supported local Homes seryt and supFort for staff. Supported local schools leading assemblies. puklS visiting church IoMIng local Sut grcwp to enable them to gain Ihwr faith badge -care & Share Fund -A number of MId-tek bVOUPS irdudirKJ Bible study, thup in Gafé. Warm Spxes Drop ins. ne of our districts is a KEYS recovery centre help¥ng Feople detox and find freedom from addiction. 41ommuntty Café -santa around thèAbbev Proctlslng Generoslty .tVWe encourage 'Tthing' as a BIbIc Siyrii(Ml wnciple are committed to wing in erOsty in our stewérdship. • W8 Gontinue to commit to mi55ional s¥virvJ tth home abro&J to hmr God with our titk*. - ThrOugt the ar, people gave geroUslY of their money time in volunteeriw fve pJssible for which we are most grateful. Financial Revlew £212,148 (2023 - £172.5181 was SFent to PrOde Christian mini8ty from Bucknall. including tho contribution to the diocesan parish share which Lwgdy provides the sb'peThJs arml housing for the clergy. The sum that the Churches in the PISh have to find is ed beknn the Churches according to a formula. At the year-end resefves {Ich include funds plus assets) amounted to £366,290 (2023- £319.444). Thg PCC is principally fund&J by donations, 1th woiects supyxted through grants.
BUCKNALL: PAROCHIAL CHURCH COUNCL ANNUAL REPORT (¢ontlnu8d) For the year ended 31 December 2024 Investment policy It 15 our policy to invest our excess fund balances vélth the CBF Church of England Fund. The PCC'S policy is lo safely commit as much as [KrbIe to Charit ot4.ects whilst retaining Sufficient fvnds to meet ongoing commitments. Re8orv8s pollcy A reserves pjlicy has been awed to ensure that adeqLPte funds are retained to meet ongoing ommitments. The PCC seeks to obtain sutkienl continuiro IrMe resources to fund its expenditures. particularly Ihose that are inojrred in actsMtTres direcdy re]at&J to the of the Church. Safeguardino The PCC telieve they have 1led their duty urvjer 5 of the Safeguarding CrgY Discipline Measure 2016 (dLrty to have due regard to House of Bi$W's' guidance on safeguarding chIldn and vulnerable adults). Fundraising The PCC takes ivs furKlrai5ing resp0nsits1iti seriously and i% very grateful to all donors - ¥thether regular or occasional- for their support of the church and ChUh events. Whilst finan$ remain challenge Y have also been truly Iesj. During 2024 we aCknthedge arKI g¢ve thanks for. .Our committ8d members Ytho through¢)Ut the year CtinUed to faithfulty grve .Tthe ffnancial support of our local Ward Councillors for a number of inittatNes wJss the parish, .S number of grants and donations recwtij including.. BrffaAward, Lichfiekj Diocese, Thrive at Five •Significant support towards our Parish Share from Lichfiebj DK and the sharg Gr8dit sGheme The PCC take full responsibility for fvndraising aThJ th) Tr)t use commercial organisations or professional fundraisers. All rneY rai$gJ 1$ eiUEr by donations, ftjndralry events, special apFeals, grants or leoacies for which the PCC are most gralefvl. Voluntsorn The members of the PCC V*ould like to thank all the vdunleers give so much of their time and energy lo ministy and mission aross the parish and VKJrk so hard to make our Churches a lively and vibrant community. structure, Governance and Management The method of apwintsnent of PCC memlErs 15 set out in ihe chUh Rwesentatw)n Rules.
BUCKNALL: PAROCHIAL CHURCH COUNCIL ANNUAL REPORT (continued) For the year ended 31 December 2024 Structure, governanca and management contlnued... Our PCC consists of our Clergy team, one Lay Ministy Representative plus from each District the Wardens, one Deanery Sync(J Representative and other member5 elected at the Annual Parochial Church Meeting, by those on the Electoral Roll. Some PCC members receive training from courses run by Ihe Diocese. Members of the congregation are alway5 urged to join the Electoral Roll, and to stand for election to the PCC. The PCC members are resrM)nsibte for making decision on all rnatters of general conrn and Importance in the parish, and for all finanaal matters. The full PCC met 6 times during the year wth an average attendance of 75 %. Local Leadership Teafns of the three dtfferent districts met tetween meetings and notes of their deliberatM)ns were received and discussed by the full PCC along with a regular report from the Lighthouse Cenlre. Admlnlstratfve Infomiatlon The name of the tharity is The Parochial Churth Council of the Ecclesiastical Parish of Bucknall, Staffordshire. The charws registration number is 1129234. Bucknall Team Ministry is part of the Di(Kese of Lichfiekl within the Church of England. The charivs principal address is The Partsh Clffice. 153 Werrington Road, Stok&on-Trent, ST2 9AQ. Our website address is.. v.buCknal1tearn.Org.uk. Th8 charty is admintstered by Mrs L Brough, is abo an elected memlH. The accountants of the charity are Howsons, Winton House, Stoke Road. StOkn-Trent. ST4 2RW.
BLKKNALL: PAROCblJL CH COUNQL ANP•JILREPOIITl¢arttlrwJodi Forth• ywrended 31 DeebEr2D24 MoN•r8hlp Va kW2Q241 Asscdaiemcxr iish Cur8te AS&tart mInr dJuLelknr5h31 Ward (knlhW241 FJrGwy MtsJath Palbt Minisierg Rep MrsJo MItha Hrr* GqISurG PCC R". (N Atsy241 (MW241 Mrs Hekn Unt MrGa¥inT¥Jn5 mYJIe Bras¥ kts Lawa Emn Mr& Lynn Browh Mr& Mirian Fkrr15C (trtyn M•yZ41 (trw W24) Sheena IThW241 The PCC opersfr5 thwh A nuntsr crf fvl tt St8nthrfj Ccmmlt bthen ts t95, e£tt0 artydirth
BUCKNALL: PAROCHIAL CHURCH COUNCIL ANNUAL REPORT (conllnued) For tho yoar ended 31 December 2024 Members Responsibilitles The Charities Act 2011 requires the membets trj prepare financial staternents for each financial year which give a true arKI fair view of the state of affairs of the PCC at the end of the year and of the surplus or deficiency forthe year then end¢d. In preparing those financial statements, the wErnbers are required to seted suitable accounting policies, as described on pages 3 and 4, and apply them on a consistent basis. making judgements and estimates that are prudent and reasonable. The members must also prepare the financial statements on Ihe going COnM basis unless it is nappropriate to presume that the PCC will continue in business. The members are responsible for keeping proper accounting r)rdS which disckJs& reasonable accuracy at any time the financial position of the PCC and to enable them to ensure that the financial ststements comply with the Charities Act 2011. The memb8TS aro also rBsponsible for safeguarding the assets of the PCC and hence for taking reasonable steps for the prevention and detection of fraud and other irregularilies. The ¢harty has not met any indwKJual expenses incurred by Members for Servi provled to the charity- Stgned on beh8lfofthe Parochial Church Counal on ................ THE REVD. M. MYCOCK CHAIRMAN
BUCKNALL: PAROCHIAL CHURCH COUPKIL CONSOLIDATED STATEMEKf OF FINANCIAL ACTivmES For tho ond8d 31 Dèc8mbtrr 2024 Total Funds Total Funds 2023 (as Testated) Furttls 2024 INCOME AND ENDOWMEMrs Incoming resourcos from dor$ 2{8) 165,604 5.472 171,076 109.467 Othervoluntary inming resources 2{b) 3.521 28, 32,089 27,389 Income from charItae and anCilry trading 21c) 54.795 55,424 Olherordinary incoming 2(d> Income from investments 2(e} 111 TOTAL INCOME 222.959 36,035 258.994 192,391 EXPENDITURE Grants 3(a) 7,382 Actniilies directty relating to the wcKk of the church 3(b) 1,916 34.7T8 191.694 150.525 FurKI-raising and pUblity 3(c) 8.147 4.751 CFHJrch management and administration 3(d) 51 9.915 9.860 TOTAL EXPENDITURE 212 148 NET INCOMEIIEXPENDITURE) 53,290 (6,444) 19.873 TRANSFER BETWEEN FUNDS 2,433 {2,433} NET MOVEMENT IN FUNDS 55,723 (8.8771 46.846 19.873 TOTAL FUNDS BROUGHT FORWARO 98,815 220,629 319.444 299.571 PRIOR YEAR ADJUSTMENT 10 33,372 {33.3721 ADJUSTED FUNDS BROUGHT FORWARD 132,187 187,257 319,444 299.571 TOTAL FUNDS CARWED FORWARD 187910 366 29) 319444 The notes on Pe$ 3 to 10 fom part of Ih8se a¢coLnts.
BUCKNALL: PAROCHIAL CHURCH COUNCIL CONSOLIDATED BALANCE SHEET As al 31 December 2024 2024 2023 {as restated) FIXED ASSETS Tangible fixed assets 231.633 241,409 CURRENT ASss Debtors Cash at bank and in hand 43,098 36,509 57,886 166.155 94,395 CREDITORS.. AMOUNTS FALLING DUE WITHIN ONE YEAR {31.498) (16.360) NET CURRENT AssErs 134.657 78,035 NET ASSETS 3e6.290 319.444 FUNDS Unrestricted Restricted 187,910 178380 132,187 187257 366.290 319.444 Approved by the Parochial Church Council on.. ........................ THE REVD. M. MYCOCK CHAIRMAN The notes on pages 3 to 10 fom part of these accounts.
BUCKNALL: PARWHIAL CHURCH COUNCIL NOTES TO THE FINANCIAL STAT&MENTS Forthe year endBd 310ecember 2024 1. ACCOUNTING POUCIES The PCC is 8 publlc banafft entty ithTn th• mÈxnirYJ of FRS1U2. Thè financaal staternents have been prepared der the Charitie8 Aca 2011 and in a)arKe ilh Ihe Church Acwjnting Regukb"ons 20(X governing the individual accounts ol DCCS. and wth th8 wut8lKJns fair prowsions, toJether th FRS102 120161 as the gpplt¢atk& 8twdwds 2016 vernion of ts Statem&tt of ReLommend8d Prth, Ac£wnting ROrlirJ ty ch8ntI IFRS1021. The financial Statem have bew undw his ot colltiC except for valualicffl of investsmert assets, a shm at fair value The aE(x)urrts (ws0lid CQLmis of chLW[ of St Marf5. St Stop1.5 WKI Sl Jthn'¥ along 1th the parish offi. The )urrtS indLtrJe al transactions. assets and liat4libes fortitrth PCC is ponSI1 in v. Try do not indude the ac(x)unts of d)urch grcMJr6 tw (M mwn affilh3b(m to anolher nor those that are informal gathe(iThJs of rnembers. Fund¥ Unrestrictsd funds represent th8 lunds of the PCC that ae sutF¢t lo restrKon5 regardiro thr use and are aVaab for appCatN on the neral wrFoses crf the PCC. Funds thsignaled pawl"cular purpose by ts PCC are aso unrestn"cbJ. Resthcted fKts cKmp¥ise of revenue donations or granls for a SFwfic &thvrty inten(kd by tho donor. Where these funds have unspent balatK£S, irtterest on tsr wyjgd irNe5tmert is app)rboned to Ihe indwidual fvnds on an average balance ba51& Income and en(knK4Tnents RecQgnTbC of income and en(kJMTherts These ère included in the Statement ol FIn)cial ISOFAI tAthèn: 1. the PCC bec¢ynes legalty erttued to use of Ihe reswrc8s 2. and infiow of economic benefil 18 prob,. and 3. the monetary value can be measwed wffj(ywrt rdithlty. Vduntary incc¥ne and capftal sources cle"On$ are ¢¢gniSed re¢ewed by or on ofthe PCC. Planned giwng recavat4e under¢)?4et is onty vA*n Income tsx reWVerab on o)vwwrts or aKI dCtI)n$ is reCOls&j vknen thè income is rètro78ed. Gr8nt$ 8fKI legacies to the PCC we acccthwj fc( as sCn as the PCC is of ts bgal entilThrt and the afflwnt due. Funds rased ty the lete, gard pty and slmilar everts ILY wt)s& S810s of l)ook8 and magazines frcm Ihe churth t(oksiall nted gross. Olherffllinwyincome Rerrtal income from the leth'nq of ¢hurth wemises rlIS9 kn the rentaf is
BUCIQIALL: PAROCHIAL CHURCH COUNCIL NOTES TO THE FINANCIAL STATEMENTS For the year endpd 31 D•c8mb•r 20 1. ACCOUNTING POUCIES Icontsrn InCe from inveslments Dividends and interest 8rg aUntl for rbI Tax rwx)vwth suth irK¥yne k5 rwJnised thè sam8 Scinting y. Experxllture Grants Grants and cknnations we acLywnted for V+hen paid over. if that award aBat95 a t%ThJiThJ c&ligation on thè PCC. Atwtses threctly relgtsng tg of the lUh The diocesan qu8 Qr parish share is acathed for then payat4e. Any quuts Lnpaid at 31 Decerthr 15 provided for in these accLJunts 85 Itlhwgh a IWI lithlity and is a5 a creditor in the Balance Sheet. All other eXplture is generaly Trs& rt is irKxmd is 1] for gross. Gwns and10& on inv8stsnts (UnTrth8 The gain on invèsknents represerts the market vajue in the y. Fixed a8s•ts Cons)7tedlandand bulkng8 artd movable dNirth fumis Consecrated artd b8n8ficed prop is ex1 frDm attnts ty S.121{8} of h Charities Aci 2011. No valuè is placed on movable fvmishirYJs held ty Ihe cx) SP8tial tr1 fu PCC and which rffjuirè a faojlty fv thsp05al the PCC o¥Ide[S this. to be inalierble property. AJI 8xpènditUTe inoJred during thg year ¢)n ¢Xeated te( tlIk11AyS and mov88L48 thurch fumishings, whether maintenan( or imwDvemenl. is Itten (rft a5 Cnlure the Slaent of Financial Actiwli¢s ¥nd separatdy dischxed. OJp8rfiXlus, filtings anddfice eqtlipment Deprbxythn is I1led so as to wite-off th8 91n4 )St by equa annLHI instalrrterrts over ex[ seful lives of the assets Depreoabon is caTl in fvll on all assets pUrc1ed during the year, but it is not tharged on assets di$pogÈd ot (kn"ThJ tr* . Buildings 8rè dèp7? at 8 rate ofyh pw a stra9lt4irE basi EquiF4nent used wh"n the thurth prenvses is a str8tyt4in8 tog"S OV8r 4 yea Comwterequiprnent is depreck4ted on a b#si8 over 3yws.
BUCKNALL" PAROCHIAL CHURCH COUNCIL NOTES TO THE FINANCIAL STATEMEpirs F¢r thg •ndod 31 December 2024 1. AccoupmNG POUCES (contInd) 1nve5trnts val at fa al 31 DelUntr. Current assots Amounts Crng to the PCC at 31 December in respwl of fw refrts or crthw IrMe are sho a8 debtors Itts Pfovislt)n for arnounts that may provè [1¢al& Short-term deF¥)5rts indLKle c88h ld on de[£t eilher Mith the CBF Cl¥xth of EryLand FuThJs or at the Irrg¢overabl•VAT Irrec¢veratrAe VAT Os wytttw-off rAFlise(J as irrA¥red, l¥j Ind in trR amunt of the apprcyriate XP8nditur8.
BUCKNALL: PAFK>CHIAL CHURCH COUNCIL NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 December 2024 2. INCOME AND ENIX)bVMENTS Total Funds 2024 Total Funds 2023 UnrestriGted Fd3 Resbicted 2{a) In(x)mw TrsOuS IrDm (kjno Planned giwn Covenants Income tax recoverable on covenants Uncovenanted Collactions <0 yate) at all services Legacy Sundry donations 37.832 12,925 22.687 10,638 69,093 12.429 37.832 12.925 22,687 10,638 69,093 17.901 38.520 9.864 33.698 8,567 5.472 18.818 171 076 2{b) Othervoluntary incomiw TrUrCeS Fees Grants Children and youth Fetes, bazaars, other furKI-raising events 2,880 26.512 1.213 370 26.142 1.213 17,839 1,629 471 2{cl In(xime from chantable andanL7Mary Irdding Lettings Catering and refreshments 62.800 52,8(KJ 1.995 53,438 1,988 2{d) Oth8ronJinary incoming r8SOUff Sundry incom& 2{e) Inn fffjm Investments UK BanklBuilding society interest 111 TOTAL INCOME 258 994 192 391
BUCKNALL: PAROCHIAL CHURCH COUNCIL NOTES TO THE FINANCIAL STATEIfiENTS For th8 Yoarded 3108comber 2024 3. EXPENDITURE Total Funds 2024 Totsl Funds 223 Fund$ Funds 3{8) Grnpts Misslonary and charitablo glwng.. Missionary SIeties Home missions and other Chur Soaeties Sun(ty donation$ 2.166 712 81r2 1,829 3 (b) Athities lating to th8 ofts Ministy.. Diocesan share ClergylCurat8 8xp8nses irwslrylrector expenses Church runThng expense5 Churth maintenance UFA(eep of SeOCtltIeS Events Churth hall running costs Repairsfreplacemonls Children and yOLrth Sundry expenses Depreciation of fixed assets Salaries 47.618 47,618 43,242 2,394 41.689 17,951 424 10.404 42.113 28,355 43,453 11,730 422 17.146 24.811 24.811 16,eé5 38 4,874 9.776 14.714 15,768 771 7,353 9,776 12,WX) 3,720 2.793 14.714 1,154 3(c) Fund 18[1 andPubty Costs of fetes, b8zaars, therfuncL raising ev8nts 1.&52 2.242 3.614 Chihjrw and youth 4,7C6 4.7C6 Catering and rgfrgshments 191 1.199 1.137 8.147 4.751 3(d) ChuftSJ manageThentand adnnIstra1 Printing and Ststionery Administration Audrtc¢$ ramOratIOn- *x£wnti Se9 3.974 3,010 3.974 3,{1 3,179 3.981 51 2.7(M) 51 TOTAL EXPENDttURE 172518
BUCKNALL: PAROCHIAL CHURCH COUNCIL NOTES TO THE FINANCIAL STATEMEpirs For th& year endod 310ecember 2024 4. STAFF COSTS The average number of persons employed by PCC durirMJ the year was 212024- 2), consisting of a part-tirne administrator part-tr.me deaner. No employees have emoluments above £60.0ts). The aggregate payToII costs of these pSOn5 *Ere & fo1th. 2024 2023 Wages aTKI salarie5 Swal security Pension costs 19,980 16.512 428 376 5. TANGIBLE FIXED ASSETS Computer offi FDlures & Equiplt EquiFxnent Equipment Buildings Totsl COST At 1 January 2024 Additior 453.824 13,836 12,370 70,527 550,557 At 31 Decemter 2024 13.836 12.370 550 557 DEPRECIATION At 1 January 2024 Charge for the year 213.115 13.836 12.370 69.K27 309.148 9.776 At 31 08cember 2024 222.191 13.836 12.370 NET BOOKVALUE At 31 December 2024 231.633 231,633 At 31 December 2023 240.709 7C#J Bulldings are situated on laTrl ovmed by the DTrocese.
BUCKNALL.. PAROCHIAL CHURCH COUNCIL NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 December 2024 6. ANALYSIS OF NEf ASSEfs BY FUND Unrestricted Restricted Fur)d& Funds Tolal 2024 Totsl 2023 Fixed assets Current assets Current liabilities 80,825 113.522 (6,437) 150,808 52,633 (25.061) 231,633 166,155 {31,498) 241.409 94.394 (16,360) Fund balan 187.910 319.443 7. DEBTORS 2024 2023 Income tax recoverable other debtors Accrued income 25,270 3,158 19,264 2,412 8. CREDITORS: AMOUNTS FALUNG DUE WITHIN ONE YEAR 2024 2023 Parish share Other credrtors 25,061 13.587
BUCKNALL: PAROCHIAL CHURCH COUNCIL NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 December 2024 9. FUND DETAILS The restricted funds comprise the following: Lichfield Diocesan Trust Youthlresidential grants Grants and donations for the comiiiunty The restricted fund also comprises the building project at the Welcome Centre and St Mary's Church Centre ak)ng with projects for which s[fiC grants have been received. 10. PRIOR YEAR ADJUSTMEKr During the year, the trustees identified that the balance of restricted funds at 31 December 2023 included an amount of £33,372 that shoukj have been (gassifEd as unrestricaed funds. This vms due to a misclassification of expenditure. As a result, the comparative figures for the year ended 31 December 2024 have been restated. The effect of this adjustment is as follows: Funds As previ(wsly Adjustment As restated Restricted funds Unrestricted fuTrJs 98.815 220,629 33,372 33,372 132,187 187,257 Total funds 319.444 319,444 The adjustment has no impact on total funds or the Statement of Financial A¢Aivitie5 for the current year. 10-