2024-12-31-accounts

St John the Evangelist, Woodley St John's Church Airfield Church (LEP)

Financial Statements of the Parochial Church Council

for the year ended 31 December 2024

2024 Accounts v1.A

PAROCHIAL CHURCH COUNCIL OF ST JOHN THE EVANGELIST, WOODLEY

2024 Accounts Summary

Introduction

The Church Accounting Regulations require that the annual report of the Parochial Church Council (PCC) should include a section on the financial activities of the PCC, including the ways in which the activities of the parish, as described in the annual report of the PCC, have been funded. An assessment should also be given of the way in which the activities of the parish will continue to be funded and any perceived financial risks to the continuation of the parish ministry.

This report describes the financial situation of the Parish of St. John the Evangelist for the year ended 31st December 2024.

The PCC is registered as a charity with the Charity Commission with registration number 1129449.

Results Headlines

The major differences in income and expenditure in 2024 compare with 2023 are:

1. One off donations totalling £13,000 were received,

2. Exceptional costs maintaining the churchyard trees totalled £16,500.

Total Incoming Resources and Resources Used Income Expenditure Surplus/(deficit) Parish General Fund Income Expenditure Transfers Surplus/(deficit) Restricted Funds Income Expenditure Transfers Surplus/(deficit) Total Parish Assets (inc any changes in property values) Previous year's funds Net change this year Total funds for the year	2023 £158,141 £162,425	2024 £157,408 £171,681
	-£4,284 2023 £136,658 £139,639 -£1,919	-£14,273 2024 £149,605 £151,747 -£12,592
	-£4,900 2023 £21,483 £22,786 £1,919	-£14,734 2024 £7,803 £19,934 £12,592
	£616 2023 £1,082,625 -£23,528	£461 2024 £1,059,097 -£2,740
	£1,059,097	£1,056,357

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PAROCHIAL CHURCH COUNCIL OF ST JOHN THE EVANGELIST, WOODLEY

Independent Examiner's report to the Parochial Church Council of St John the Evangelist, Woodley

This report on the financial statements of the Parochial Church Council for the year ended 31 December 2024 is in respect of an examination carried out in accordance with the Church Accounting Regulations 2006 (the Regulations) and section 145 of the Charities Act 2011 (the Act).

Respective responsibilities of the Parochial Church Council and the examiner

As members of the Parochial Church Council you are responsible for the preparation of the financial statements, you consider that the audit requirement of the Regulations and section 144(2) of the Act does not apply. It is my responsibility to issue this report on those financial statements in accordance with the terms of the Regulations.

Basis of this report

My examination was carried out in accordance with the General Directions given by the Charity Commission under section 145(5)(b) of the Act and to be found in the Church guidance, 2011 edition. That examination includes a review of the accounting records kept by the PCC and a comparison of the accounts with those records. It also includes considering any unusual items of disclosure 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 accounts.

Independent examiner's statement

In connection with my examination, no matter has come to my attention

1 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 comply with the requirements of the Act and the Regulations have not been met; or

2 to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

The signed Independent Examiner's Report is appended to these Accounts.

Erica Tipton Two Hoots Bucklebury Village Berkshire RG7 6PS

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PAROCHIAL CHURCH COUNCIL OF ST JOHN THE EVANGELIST, WOODLEY

Statement of Comprehensive Income For the year ended 31 December 2024

Note Incoming Resources Incoming resources from donors 2 Other voluntary incoming resources 2 Income from investments 2 Charitable and ancillary trading 2 Legacies/ grants 2 Total incoming resources Resources used Grants 3 Activities directly related to church work 3 Church management and administration 3 Total resources used Net outgoing/ incoming before transfer Gross transfers between funds -in 6 Net outgoing/incoming before gains Other recognised gains/(losses) 7 Net movement in funds Reconciliation of funds Total funds brought forward Net movement for year Total funds carried forward	Unrestricted funds Restricted funds Endowment funds Total funds Prior year total funds £ £ £ £ £ 69,700 2,079 0 71,779 58,147 16,992 1,262 0 18,254 18,686 41,929 2,745 0 44,674 43,992 17,872 967 0 18,839 20,913 3,112 750 0 3,862 16,403
	149,605 7,803 0 157,408 158,141 5,396 0 0 5,396 4,865 123,750 19,934 0 143,684 137,647 22,601 0 0 22,601 19,913
	151,747 19,934 0 171,681 162,425 -2,142 -12,131 0 -14,273 -4,284 -11,422 11,422 0 0 0
	-13,564 -709 0 -14,273 -4,284 10,000 0 1,533 11,533 -19,244
	-3,564 -709 1,533 -2,740 -23,528
	949,978 42,173 66,946 1,059,097 1,082,625 -3,564 -709 1,533 -2,740 -23,528
	946,414 41,464 68,479 1,056,357 1,059,097

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PAROCHIAL CHURCH COUNCIL OF ST JOHN THE EVANGELIST, WOODLEY Statement of Financial Position

At 31 December 2024

Notes Fixed Assets Tangible Assets 7 Investments 8 Current Assets Debtors 9 Investments 10 Cash at bank and in hand 11 Current Liabilities Sundry creditors 12 Net current assets less current liabilities Total assets less current liabilities Total net assets less liabilities Represented by Unrestricted Fund 14/15 Restricted Funds 16 Endowment Funds 8 Funds of the Church	13,005 60,439 33,046

Approved by the Parochial Church Council on 20th March 2025 and signed on its behalf by

Rev Mark Nam (Chair)

Mr Brian Main (Church Warden)

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PAROCHIAL CHURCH COUNCIL OF ST JOHN THE EVANGELIST, WOODLEY

Statement of cash flows

For the year ended 31 December 2024

Cash flows from operating activities Net cash provided by operating activities Cash flows from investing activities Dividends Interest Rent received Expenditure on investment properties Net cash provided by investing activities Change in cash and cash equivalents in the reporting period Adjustments for Gains on investments Dividends Interest received Rents from investment properties Expenditure on investment properties (Increase)/Decrease in debtors (Decrease)/Increase in creditors Net cash provided by operating activities Cash in hand Bank balance Bank deposit account Total cash and cash equivalents Cash and cash equivalents at the beginning of the reporting period Cash and cash equivalents at the end of the reporting period Reconciliation of net income/(expenditure) to net cash flow from operating activities Net expenditure/income for the reporting period (as per the statement of comprehensive income)

2024 2023 £ £ -47,937 -30,714 1,858 1,830 3,846 2,958 38,970 39,204 -13,774 -14,338 30,900 29,654 -17,037 -1,060 110,522 111,582 93,485 110,522 £ £ -2,740 -23,528 -11,533 19,244 -1,858 -1,830 -3,846 -2,958 -38,970 -39,204 13,774 14,338 -2,467 1,754 -297 1,470 -47,937 -30,714 115 115 32,931 39,968 60,439 70,439 93,485 110,522

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PAROCHIAL CHURCH COUNCIL OF ST JOHN THE EVANGELIST, WOODLEY

Notes to the 2024 financial statements

1 Accounting policies

Basis of financial statements

The financial statements have been prepared in accordance with the Church Accounting Regulations 2006 together with applicable accounting standards and the FRS102 SORP

The financial statements have been prepared under the historical cost convention except for the valuation of investment assets, which are shown at market value. The financial statements include all transactions, assets and liabilities for which the PCC is responsible in law. They do not include accounts of church groups that owe there main affiliation to another body, nor those that are informal gatherings of church members.

Fund accounting

Endowment funds are funds, the capital of which must be maintained; only income arising from investments of the endowment may be used either as restricted or unrestricted funds depending upon the purpose for which the endowment was established.

Restricted funds represent (a) income from trusts or endowments which may be expended only on those restricted objects provided in the terms of the trust or bequest, and (b) donations or grants received for a specific object or invited by the PCC for a specific object. The funds may only be expended on the specific object for which they were given. Any balance remaining unspent at the end of the year must be carried forward as a balance on that fund. The PCC does not usually invest separately for each fund. Where there is no separate investment, interest is apportioned to individual funds on an average balance basis.

Unrestricted funds are general funds which can be used by the PCC ordinary purpose.

Designated funds are general funds set aside by the PCC for use in the future. Project funds are designated for particular projects for administration purposes only. Designated funds remain unrestricted and the PCC will move any surplus to other general funds.

Airfield Church

The Airfield Church was closed during 2023.

Incoming resources

Planned giving, collections and donations are recognised when received. Tax refunds are recognised when the incoming resource to which they relate is received. Grants and legacies are accounted for when the PCC is legally entitled to the amounts due. Dividends are accounted for when receivable, interest is accrued. All other income is recognised when it is receivable. All incoming resources are accounted for gross.

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PAROCHIAL CHURCH COUNCIL OF ST JOHN THE EVANGELIST, WOODLEY Notes to the 2024 financial statements

1 Accounting policies continued

Resources expended

Grants and donations are accounted for when paid over or when awarded. If that award creates a binding or constructive obligation on the PCC. The diocesan parish share is accounted for when due. Amounts received specifically for mission are dealt with as restricted funds. All other expenditure is generally recognised when it is incurred and is accounted for gross.

Fixed assets

Consecrated and benefice property is not included in the accounts in accordance with section 10(2)a and (c) of the Charities Act 2011.

Moveable church furnishings held by the Vicar and churchwardens on specific trust for the PCC and which require a faculty for disposal are inalienable property, listed in the church's inventory, which can be inspected (at any reasonable time). For anything acquired prior to 2000 there is insufficient cost information available and therefore such assets are not valued in the financial statements. Subsequently no individual item had cost more than £1,000 so all such expenditure has been written off when incurred.

Equipment used within the church premises is depreciated on a straight line basis over four years. Individual items of equipment costing less than £3,000 are written off when the asset is acquired.

Investments are valued at market value at 31 December.

Pensions

A defined contribution pension scheme is operated, contributions are charged to the statement of comprehensive income as they become payable.

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PAROCHIAL CHURCH COUNCIL OF ST JOHN THE EVANGELIST, WOODLEY

Notes to the 2023 financial statements

1 Accounting policies continued

Church Workers Pension Fund (CWPF) Draft FRS102 Wording - December 2024 Year End

St John the Evangelist participates in the Pension Builder Scheme section of CWPF for lay staff. CWPF is administered by the Church of England Pensions Board, which holds the CWPF assets separately from those of the Employer and other participating employers.

CWPF has two sections:

1. the Defined Benefits Scheme

2. the Pension Builder Scheme, which has two subsections;

a deferred annuity section known as Pension Builder Classic, and,

a cash balance section known as Pension Builder 2014.

Pension Builder Scheme

Both sections of the Pension Builder Scheme are classed as defined benefit schemes.

Pension Builder Classic provides a pension, accumulated from contributions paid and converted into a deferred annuity during employment based on terms set and reviewed by the Church of England Pensions Board from time to time. Discretionary increases may also be added, depending on investment returns and other factors.

Pension Builder 2014 is a cash balance scheme that provides a lump sum which members use to provide benefits at retirement. Pension contributions are recorded in an account for each member. Discretionary bonuses may be added before retirement, depending on investment returns and other factors. The account, plus any bonuses declared is payable, unreduced, from age 65.

There is no sub-division of assets between employers in each section of the Pension Builder Scheme.

The scheme is considered to be a multi-employer scheme as described in Section 28 of FRS 102. This is because it is not possible to attribute the Pension Builder Scheme’s assets and liabilities to specific employers and means that contributions are accounted for as if the Scheme were a defined contribution scheme. The pensions costs charged to the SoFA in the year are the contributions payable (2024: £991, 2023: £829).

A valuation of the Pension Builder Scheme is carried out once every three years. The most recent valuation was carried out as at 31 December 2022.

For the Pension Builder Classic section, the valuation revealed a surplus of £34.8m on the ongoing assumptions used. At the most recent annual review effective 1 January 2025, the Board chose to grant a discretionary bonus of 6.7% to both pensions not yet in payment and pensions in payment in respect of service prior to April 1997; and a bonus on pensions in payment in respect of post April 2006 service so that the pension increase was 2.7% (where usually it would be calculated based on inflation up to 2.5%). This followed improvements in the funding position over 2024. There is no requirement for deficit payments at the current time.

The next valuation is due as at 31 December 2025.

For the Pension Builder 2014 section, the valuation revealed a surplus of £8.5m on the ongoing assumptions used. There is no requirement for deficit payments at the current time.

The legal structure of the scheme is such that if another employer fails, St John the Evangelist could become responsible for paying a share of the failed employer’s pension liabilities.

.

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PAROCHIAL CHURCH COUNCIL OF ST JOHN THE EVANGELIST, WOODLEY

Notes to the 2024 Financial Statements

2 Incoming resources

Incoming resources
		2024			2023
	Unrestricted	Restricted	Endowment	Total	Total
	funds	funds	funds	funds	Funds
	£	£	£	£	£
Incoming resources from donors
Planned giving SO- Gift aid	14,755	0	0	14,755	9,180
Parish giving scheme	22,048	0	0	22,048	25,234
GAYE/CAF	3,299	0	0	3,299	2,731
Stripe	2,903	162	0	3,065	0
Planned giving SO - non Gift aid	1,220	0	0	1,220	1,737
One off Gift Aid gifts	16,508	1,717	0	18,225	9,252
One off non Gift Aid gifts	985	100	0	1,085	4,269
Plate	5,309	0	0	5,309	3,397
150th Anniversary	0	0	0	0	989
Sundry donations	2,673	100	0	2,773	1,358
	69,700	2,079	0	71,779	58,147
Other voluntary incoming resources
Appeals - Gift Aid	0	400	0	400	0
Appeals - non Gift Aid	0	750	0	750	100
Plate 150th Aniversary	0	0	0	0	373
Warm Space Fund	2,800	0	0	2,800	1,234
Donations Community Crisis Fund	0	0	0	0	1,389
Donations Clergy Fund	0	0	0	0	2,627
Tax recovered on Gift Aid	14,192	112	0	14,304	12,963
	16,992	1,262	0	18,254	18,686
Income from investments
Interest	2,959	887	0	3,846	2,958
Dividends	0	1,858	0	1,858	1,830
Rent - Caldbeck Drive	18,955	0	0	18,955	21,504
Rent - Southlake Crescent	20,015	0	0	20,015	17,700
	41,929	2,745	0	44,674	43,992
Income from charitable and ancillary	trading
Fees - baptism		0	0	0	90
Fees - wedding	952	0	0	952	589
Fees - funeral	1,620	0	0	1,620	4,974
Hall lettings	14,722	0	0	14,722	14,916
Flower fund	0	20	0	20	10
Toddler group	383	0	0	383	300
Fund Raising	195	947	0	1,142	34
	17,872	967	0	18,839	20,913
Income from non charitable trading
Legacies	0	0	0	0	15,000
Grant	3,112	750	0	3,862	1,403
	3,112	750	0	3,862	16,403
Total Incoming Resources	149,605	7,803	0	157,408	158,141

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PAROCHIAL CHURCH COUNCIL OF ST JOHN THE EVANGELIST, WOODLEY

Notes to the 2024 Financial Statements

3 Resources used

Grants Overseas mission Home missions Secular charities Activities directly related to church work Parish share Vicar's working expenses Visiting clergy/speakers Outreach Youth group Church maintenance Church cleaning Church insurance Upkeep of services Upkeep of churchyard Church heat, light, water Hall maintenance Hall cleaning Hall insurance Hall heat, light, water Flowers, Ladies, Contact Toddlers 8 Caldbeck Drive 49 Southlake Crescent Audio visual Church roof Community Crisis payments Clergy payments Fund Reaising Christmas tree festival 150th Aniversary expenses Church management and administration Office supplies and sundry expenditure Telephone and broadband Computer and software Governance costs Salaries Bank charges Total outgoing resources	2023 Unrestricted funds Restricted funds Endowment funds Total funds Total funds £ £ £ £ £ 4,680 0 0 4,680 4,680 469 0 0 469 134 247 0 0 247 51 2024
	5,396 0 0 5,396 4,865 60,389 0 0 60,389 58,803 1,803 0 0 1,803 529 3,125 0 0 3,125 4,897 116 52 0 168 0 0 17,034 0 17,034 14,250 1,410 0 0 1,410 3,728 1,690 0 0 1,690 1,535 3,430 0 0 3,430 4,008 1,978 0 0 1,978 1,215 16,855 0 0 16,855 2,558 8,522 0 0 8,522 11,011 1,809 0 0 1,809 1,694 2,132 0 0 2,132 1,827 2,251 0 0 2,251 2,564 4,005 0 0 4,005 4,851 0 261 0 261 31 114 0 0 114 0 8,804 0 0 8,804 9,965 4,970 0 0 4,970 4,373 0 1,345 0 1,345 0 0 0 0 0 4,060 0 750 0 750 1,150 0 0 0 0 3,295 347 0 0 347 135 0 492 0 492 0 0 0 0 0 1,168
	123,750 19,934 0 143,684 137,647 1,610 0 0 1,610 1,663 1,024 0 0 1,024 1,452 2,394 0 0 2,394 1,766 788 0 0 788 640 16,667 0 0 16,667 14,242 118 0 0 118 150
	22,601 0 0 22,601 19,913
	151,747 19,934 0 171,681 162,425

The parish share payable by St Johns Church for 2024 was £62,208 (2023 £60,395). This was reduced by a rebate of £1,819 and a contingency return of £0 for 2024 (2023 the rebate was £1,592 and the contingency return was £0), resulting in a net share per accounts of £60,389 (2023 £58,803)

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PAROCHIAL CHURCH COUNCIL OF ST JOHN THE EVANGELIST, WOODLEY

Notes to the 2024 financial statements

4 Staff Costs

Staff Costs
Administrator Youth Worker Pension contributions	2024 £ 16,250 14,334 991 31,575	2023 £ 13,920 12,480 829
		27,229

During the year the PCC employed an administrator digital manager and youth worker for St Johns Church and a cleaner for St Johns Centre plus the Vestry. The staff costs above are included under salaries and that of the cleaner which is included under hall and church cleaning costs. Members of the PCC received reimbursement of expenses incurred on behalf of the Church. No member received reimbursements totalling more than £1,000 except the Treasurer who received reimbursements totalling £1,985 (mainly due to the purchase of a MacBook Air for church services). There were no other discloseable transactions in respect of PCC members , closely connected with them or other related parties.

5 Independent examiner's remuneration

The independent examiner has waived her fees for the examination of these financial statements.

6 Transfer between funds

Mission Church building Dais Fund Reorder Fund Warm Hub Youth Fund Clergy Fund Roof Fund Renovation of Upper Room Christmas Tree Festival Palmer Endowment Trebble Endowment	Restricted funds Restricted funds General Designated General Designated £ £ £ £ £ £ -6,970 6,970 0 -6,172 6,172 0 1,410 -1,410 240 0 -240 192 0 -192 -240 0 240 -192 0 192 0 0 0 312 0 -312 -14,460 0 14,460 -9,333 0 9,333 0 0 0 -668 0 668 0 0 0 5,940 0 -5,940 -68 0 68 0 0 0 -162 0 162 0 0 0 513 0 -513 505 0 -505 1,345 0 -1,345 1,325 0 -1,325 Unrestricted funds 2024 2023 Unrestricted funds
	-18,392 6,970 11,422 -8,091 6,172 1,919

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PAROCHIAL CHURCH COUNCIL OF ST JOHN THE EVANGELIST, WOODLEY

Notes to the 2024 financial statements

• 7 Fixed assets - tangible assets

Revalued cost at 1 January 2024 Revaluation Disposals At 31 December 2024 Depreciation At 1 January 2024 Provision for year on disposals At 31 December 2024 Net book value At 31 December 2024 At 31 December 2023	Freehold land & buildings Plant & machinery Fixture fittings & equipment Total 875,000 0 0 875,000 10,000 0 0 10,000 0 0 0 0
	885,000 0 0 885,000
	0 0 0 0 0 0 0 0 0 0 0 0
	0 0 0 0
	885,000 0 0 885,000
	875,000 0 0 875,000

Fixture, fittings and equipment includes items gifted to the PCC at their estimated value at the date of the gift.

All assets, except land and buildings, purchased prior to 1993 have been deemed to have no current value and have not, therefore been included within tangible fixed assets.

In order to conform with FRS102 SORP the freehold land and buildings have been subjected to an intrim revaluation. The Church has not been included (in accordance with The Charities Act 2011 Section 10(2) sub-section(c) as it is a consecrated building and the Church Centre has not been included because of its age and lack of ownership. The houses have been valued this year by the local managing agent resulting in the combined value increasing by £10,000.

8 Caldbeck Drive 49 Southlake Crescent St Johns Church Centre St Johns Church	Current Value Insurance Value £ £ 455,000 340,555 430,000 351,616 3,660,000 14,630,000 885,000 18,982,171

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PAROCHIAL CHURCH COUNCIL OF ST JOHN THE EVANGELIST, WOODLEY Notes to the 2024 financial statements

8 Fixed assets- investments

The investment assets of the Parochial church Council consist of two endowments invested in income shares in the CBF Church of England Investment Fund. The capital is perpetual, which means it cannot be spent

			Previous		Unrealised
		Opening	years		Gain	Value at
	Number	capital	unrealised	Value at	Current	31/12/2023
	of shares	(perpetual)	Gains	01/01/2024	Year	(perpetual)
Palmer Charity	818	669	17,822	18,491	423	18,914
Trebble Bequest	2,143	22,719	25,736	48,455	1,110	49,565
		23,388	43,558	66,946	1,533	68,479

9 Current assets - Debtors

Income tax recoverable Other 10 Current assets - investments CBF C of E Deposit Fund	2024 2023 £ £ 9,257 6,989 3,748 3,549 13,005 10,538 2024 2023 £ £ 60,439 70,439

The Central Board of Finance (CBF) Church of England Deposit Fund has earned an average interest rate of 0.54% throughout 2024

The interest has been held in the General Fund in the appropriate restricted and designated funds and has been allocated on a pro rata basis. The funds held at 31 December 2024 were

Church Centre Dais Fund merged with Reorder Fund Legacies	£ 5,000 5,000 50,439
	60,439

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PAROCHIAL CHURCH COUNCIL OF ST JOHN THE EVANGELIST, WOODLEY Notes to the 2024 financial statements

11 Current Assets - Cash

	2024	2023
	£	£
Cash at bank and in hand
St Johns
CAF Bank Account	32,931	39,968
NatWest	0	0
Cash in Hand	65	65
Youth club cash in hand	50	50
Total Cash at bank and in hand	33,046	40,083
Liabilites: amounts falling due within one year
	2024	2023
	£	£
Deferred Income	1,667	3,333
Other creditors	1,945	576
	3,612	3,909

12 Liabilites: amounts falling due within one year

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PAROCHIAL CHURCH COUNCIL OF ST JOHN THE EVANGELIST, WOODLEY Notes to the 2024 financial statements

13 Analysis of net assets by fund 2024

Fixed Asset Property Fixed Assets Investment Debtors Deposit Account Cash at Bank and in Hand Sundry Creditors	Unrestricted funds Designated funds Restricted Funds Endowment funds Total funds £ £ £ £ £ 0 885,000 0 0 885,000 0 0 0 68,479 68,479 13,005 0 0 0 13,005 0 50,439 10,000 0 60,439 -94,715 96,297 31,464 0 33,046 -3,612 0 0 0 -3,612
	-85,322 1,031,736 41,464 68,479 1,056,357

2023

Fixed Asset Property Fixed Assets Investment Debtors Deposit Account Cash at Bank and in Hand Sundry Creditors	Unrestricted funds Designated funds Restricted Funds Endowment funds Total funds £ £ £ £ £ 0 875,000 0 0 875,000 0 0 0 66,946 66,946 10,538 0 0 0 10,538 0 60,439 10,000 0 70,439 -60,410 68,320 32,173 0 40,083 -3,909 0 0 0 -3,909
	-53,781 1,003,759 42,173 66,946 1,059,097

14 Unrestricted funds

Unrestricted funds represent assets available to be used at the discretion of the Parochial Church Council for furthering the mission and vision of the Church.

St Johns Church Main Fund

Fixed assets Deposit account Bank and Cash Balance Net Current Assets General Funds Designated Funds	2024 2023 £ £ 885,000 875,000 50,439 60,439 1,582 7,910 9,393 6,629 946,414 949,978 -85,322 -53,781 1,031,736 1,003,759 946,414 949,978

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15 Designated funds

Legacies Toddlers Mission Fresh expression fund Properties fund Properties fund - Houses	Balance at 01/01/2024 Income resources Outgoing resources / revaluation Transfers Balance at 31/12/2024 £ £ £ £ £ 60,729 0 -10,000 0 50,729 383 -114 269 13,201 -4,458 6,970 15,713 507 0 0 0 507 875,000 0 10,000 0 885,000 54,322 38,970 -13,774 0 79,518
	1,003,759 39,353 -18,346 6,970 1,031,736

The Mission fund arises from the tithe on general giving and enables a commitment to provide regular support to four missions partners. Any surplus is distributed on a discretionary basis.

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PAROCHIAL CHURCH COUNCIL OF ST JOHN THE EVANGELIST, WOODLEY

Notes to the 2024 financial statements

16 Restricted funds

Restricted funds represents assets given to the Parochial Church Council for a particular purpose and the funds cannot, and must not, except by the specific legal criteria, be used for any other purpose. The Parochial Church Council has several restricted funds, the movement over the past year ere:

Church Buildings Church Centre Audio Visual Youth Fund Chair Fund Flower Fund Reorder Silverware Community Crisis Renovation of Upper Room Christmas Tree Festival Vicars Fund Kitchen Organ Loft Palmer Endowment Fund Trebble Endowment Fund	Balance at 01/01/2024 Incoming resources Outgoing resources Transfers Balance at 31/12/2024 £ £ £ £ £ 2,546 0 0 -1,410 1,136 12,708 647 0 0 13,355 450 1,250 -1,345 0 355 0 1,729 -16,189 14,460 0 123 0 0 0 123 506 20 -261 0 265 23,401 240 0 0 23,641 730 0 0 0 730 1,709 0 -750 0 959 0 777 -845 68 0 0 382 -544 162 0 0 50 0 0 50 0 100 0 0 100 0 750 0 0 750 0 513 0 -513 0 0 1,345 0 -1,345 0
	42,173 7,803 -19,934 11,422 41,464

.

17 Endowment funds

The Parochial Church Council has two endowment funds:

The Woodley Charity of Susanna Caroline Palmer - this is a permanent endowment which requires the income to be spent on maintaining the parish church;

The Mrs.M Trebble Bequest -this is a permanent endowment, received in October 1998, which requires the income to be used for the repair, preservation and maintenance of the parish church and its fittings and monuments.

Dividend income Palmer Charity Trebble Bequest	2024 £ 513 1,345 1,858	2023 £ 505 1,325
		1,830

The capital values of the endowments are shown in note 8 and the dividends received are held in the restricted Palmer Endowment Fund and the Trebble Endowment Fund respectively

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WOODLEY AIRFIELD CHURCH

YEAR ENDED 31 AUGUST 2024

Incoming Resources Offerings and tax recovered Interest Received Total incoming Resources Resources Used Ministry Circuit Donations Utilities Other payments Total payments Net Payments Total funds brought forward Funds at end of year STATEMENT OF FINANCIAL POSITION Cash at Bank HSBC CFB Liabilities Net assets	£ £ £ £ 0 4,593 0 187 0 4,780 0 5,764 0 7,892 0 405 0 232 0 14,293 0 -9,513 0 9,513 0 0 2024 2023 £ £ 0 0 0 0 0 0 0 0 0 0 2024 2023	£ £ £ £ 0 4,593 0 187 0 4,780 0 5,764 0 7,892 0 405 0 232 0 14,293 0 -9,513 0 9,513 0 0 2024 2023 £ £ 0 0 0 0 0 0 0 0 0 0 2024 2023
		-9,513 9,513
		0
		2023 £ 0 0
		0 0
		0

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