## **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|
2
## **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
3
## **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|
4
## **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)
5
## **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|
|---|---|
6
## **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.
7
**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.
8
**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.
.
9
## **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|
10
## **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)
11
## **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|
12
## **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|
|---|---|
13
## **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|
14
## **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
15
## **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|
|---|---|
16
## **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.
17
**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
18
## **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|
19