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← The Parochial Church Council Of The Ecclesiastical Parish Of St Mary Cogges

2024-12-31-accounts

St Mary’s Cogges Annual Report and

Financial Statements of the Parochial Church Council for the year ended 31 December 2024

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The Parochial Church Council of the Ecclesiastical Parish of St Mary Cogges Charity Number 1129824

Parish Church: St. Mary’s Church, Cogges in the Deanery of Witney, Archdeaconry of Dorchester and Diocese of Oxford

Governing Documents

The Parochial Church Councils (Powers) Measure 1956 The Synodical Government Measure 1969

Incumbent: Address: Bankers: The Revd Matt Beer Cogges Parish Office CAF Bank Ltd Cogges Priory, Church Lane, Cogges Church Centre Kingshill, West Malling, Witney, Oxon OX28 3LA Church Lane Kent. ME19 4TA Witney, Oxon Associate Vicar: Rev Andy Reid OX28 3LA Independent examiner: Curate: Chris Rimmer 01993 779613 A J Carter & Co Email: office@coggesparish.com 22b High Street Web site: coggesparish.com Witney, Oxon OX28 6RB

Trustees

The members of the PCC are the charity trustees, either ex-officio, elected by the Annual Parochial Church Meeting (APCM) or co-opted in accordance with the Church Representation Rules. During 2024, the following served as members of the PCC:

Ex-Officio Deanery Synod Representatives James Webster Clergy Andy Marshall Nikki Nash Matt Beer, Vicar Andrew Newham Rosemarie Pocock Andy Reid, Associate Vicar Suzanne Day Allen Moxham Chris Rimmer, Curate from Sep 2023 Jono Hudson Kate McKenzie Eddie Lyle Deena McGuire Churchwardens Darin Stevens Richard Osman Elected Jonathan Jeffes Olivia Watterson Ian Smith PCC vice-chair Ellie Skerratt Vacant PCC secretary Keith Harwood PCC treasurer

Related Trusts and Charities

The Blake Educational Trust owns the site of the Blake School. The Trustees of the Blake Educational Trust are the Incumbent, a Churchwarden, 2 members appointed by the PCC and 3 independent members appointed by the Trust.

Structure, governance and management

The Parochial Church Council (PCC) forms the legal governance structure of the church. It meets 6 times a year plus an awayday. An annual members’ meeting is held where the Vicar and PCC present reports on last year’s activity and look ahead to current year plans. In 2024 there were PCC meetings in January, June, September & November (average attendance – 13 members); also a APCM and an Away Morning in April.

The Vicar, Associate Vicar, Curate, PCC Vice-Chair, Churchwardens, Operations Manager and a PCC Member comprise a Leadership Team which acts as an advisory body for the Vicar.

The Standing Committee is required to exist by the Church Representation Rules. It consists of the Vicar, Associate Vicar and churchwardens, the PCC Vice-Chair and the PCC treasurer. The Standing Committee has power to transact the business of the PCC between its meetings, subject to any directions given by the Council. It only meets when a time sensitive decision is required.

The Finance Committee was set up by the PCC to assist the Treasurer to prepare recommendations to the PCC on matters such as financial policies, fund raising and budgets. It also regularly monitors the current financial position of the church.

For those considering standing for election to the PCC, we suggest you contact the office for more information.

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Table of Contents

2024 Key Headlines ................................................................................................................................. 5 Hello and Goodbye ................................................................................................................................. 6 Our aims and purposes as a charity ......................................................................................................... 7 What we wanted to do in 2024 ................................................................................................................. 7 What we did ........................................................................................................................................... 7 1. A Transforming Community ............................................................................................................... 7 Youth Ministry ......................................................................................................................................................... 7 Children’s Church ................................................................................................................................................... 8 Cogglets ................................................................................................................................................................. 9 2. A Flourishing Community .................................................................................................................. 9 Growing a Worshipping Church ................................................................................................................................ 9 Connect Groups .................................................................................................................................................... 10 Worship Team ....................................................................................................................................................... 10 Prayer and Prayer Ministry ...................................................................................................................................... 11 Community Garden ............................................................................................................................................... 11 Safeguarding ......................................................................................................................................................... 12 Electoral Roll ......................................................................................................................................................... 12 3. A Resourcing Church ...................................................................................................................... 12 Mission ................................................................................................................................................................. 12 Mission – Witney and National ............................................................................................................................... 12 Mission – Middle East ............................................................................................................................................ 13 Mission – Africa ..................................................................................................................................................... 13 The Blake Church of England Primary School .......................................................................................................... 13 Home School Key Worker .................................................................................................................................. 13 Clubs ................................................................................................................................................................ 14 Other Activities ................................................................................................................................................. 14 Supporting Ukrainian and other Refugees ............................................................................................................... 14 Maintaining the fabric of the buildings 2024 ............................................................................................................ 14 Financial Review .................................................................................................................................. 16 Independent Examiner’s Report to the Trustees .................................................................................. 18 Statement of Financial Activities ........................................................................................................... 19 Balance sheet .................................................................................................................................... 20 Notes to the Financial Statements for the year ended 31st December 2024 ........................................ 21 1. Accounting Policies ........................................................................................................................ 21 Public Benefit Entity .......................................................................................................................................... 21 Funds ............................................................................................................................................................... 21 Incoming Resources .......................................................................................................................................... 21 Resources Used ................................................................................................................................................ 22 Fixed Assets ...................................................................................................................................................... 22 Investment ........................................................................................................................................................ 22 Current Assets .................................................................................................................................................. 22 2. Analysis of Net Assets by Fund Type Statement of assets and liabilities ............................................ 23 3. Fund Details ................................................................................................................................... 23 4. Fund movement by type .................................................................................................................. 24 5. Analysis of income and expenditure ................................................................................................ 25 Income and Endowments ...................................................................................................................................... 25

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Incoming resources from donors ....................................................................................................................... 25
Other voluntary incoming resources ................................................................................................................... 25
Activities in furtherance of the council's objects ................................................................................................. 25
Income from investments .................................................................................................................................. 26
Other income .................................................................................................................................................... 26
Expenditure ........................................................................................................................................................... 26
Costs of generating funds .................................................................................................................................. 26
Grants .............................................................................................................................................................. 26
Activities relating to the work of the Church ........................................................................................................ 26
Support costs ................................................................................................................................................... 27
Church management and administration ........................................................................................................... 28
6. Staff Costs and Related Parties ....................................................................................................... 28
7. Pension Costs ................................................................................................................................ 28
8. Fixed Assets for Use by the PCC ...................................................................................................... 29
Tangible Fixed Assets ........................................................................................................................................ 29
Investment Assets
2024 2023 .................................................................................................................... 29
9. Debtors .......................................................................................................................................... 30
10. Liabilities: Amounts falling due within one year .............................................................................. 30
11. Liabilities: Amounts falling due after more than one year ................................................................ 30
12. Charitable Commitments ............................................................................................................. 30

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2024 Key Headlines

During 2024 we have seen church growth: numbers attending our morning service at Wood Green School (WGS) have now grown to the point where we are near capacity for our gatherings and several Connect (Home) Groups have grown and are nearly full.

We continue to reach out into the community, through the Second Sunday initiative of encouraging people to use their time in missional activities; and through other activities such as the Community Garden, the Good Friday Cafe and our annual Christmas Carols in the Barn, sited in the Cogges Manor Farm, next to the church.

We also saw a few staff changes, most notably the resignation of our vicar, Simon Kirby who had been with us since 2013. During his tenure we have increased our activities in the local community and seen the church grow. Matt Beer arrived in November as our new incumbent. He has served in churches in Buckinghamshire, Cambridge and Telford and we look forward to working with him as he takes the helm here at St. Mary’s Cogges. Rachel Hodson stepped down as our one remaining Children’s pastor to work as a teaching assistant. Fabi Angel and Anna Smith joined the team, each part-time However they both soon found that they were doing significantly more hours than they were contracted to and, sadly, Anna therefore had to step down from the role in August. Finally, Naomi Taylor joined us to strengthen our youth ministry.

We are very grateful for the staff team and the many volunteers who show creativity and energy in helping us to live as followers of Jesus and bring His message of good news to our town and wider world. Rev Andy Reid, Associate Vicar

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Hello and Goodbye

This year we bade farewell to our vicar of the last 11 years, Simon Kirby. We are grateful for their love for the church and their tireless enthusiasm in serving God and our community. This was demonstrated by a packed leaving party for them both. We pray for God’s blessing on them as they start a new business venture.

They are succeeded by Matt Beer and his wife Emily and family, who joined us at the beginning of November from Telford Minster, which he and Emily planted as a new church and grew it to 400 people. He brings rich experience of church leadership with him having served in a number of different church settings since his ordination. We are excited that Matt will be leading the next phase of our journey together at St. Mary’s, Cogges.

In April we said goodbye to Rachel Hodson, our part-time Children's and Families Pastor since March 2019. Rachel led Children's Church on Sundays, often making space for adults to be “fired” with questions on any topic, which built the children’s faith and sense of belonging. She led ‘Cogglets’; other children's events including at our church weekend away; and had input into the Blake’s after school ‘J.A.M’ Club and Prayer Spaces.

Anna Smith joined us part-time after Rachel’s departure, focussing mainly on Sunday Morning Children’s Church. She soon found that the role demanded more hours than she was able to give, as her other part-time job was a teacher so, unfortunately, she had to resign in August. We are very grateful to her for her passion, enthusiasm and all her hard work.

Fabi, our part-time Children & Families Worker, has been leading Children's Church since Anna left. She was born in Chile and over the years has served in children's work, hospital chaplaincy, pastoral care among the elderly and coming alongside young Christians. Fabi loves meeting people over a cuppa and especially loves cream teas in pretty little tearooms! Fabi leads Cogglets on Thursdays and Fridays.

In 2024 Naomi Taylor joined the team as a youth = worker. She has shown herself already to be a valuable member of the team by jumping in to lead various parts of the ministry as well as mentor and disciple teenagers. Thank you Naomi!

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Our aims and purposes as a charity

Cogges PCC has the responsibility of co-operating with the vicar in:

What we wanted to do in 2024

This year we are continuing our aims to see our community transformed through encountering God’s love, following Jesus and being filled with His Spirit. We have done this through being:

What we did

Please note that all reports have been edited. Full reports are available from office@coggesparish.com

1. A Transforming Community

Empowering and equipping our congregations and the next generations to follow Christ.

Youth Ministry

The Youth Ministry is a growing part of Cogges Church. We offer various programmes accessible to young people within the church and from the

community. The ministry is facilitated by volunteers and we have contact with 30-40 young people on a weekly basis. Our primary goals are to:

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youth team, Good Friday Cafe and the worship team. We believe facilitating youth volunteering is key to seeing young people grow spiritually and to stay connected to their church and community in the future. A highlight was seeing 12 young people volunteer to serve at our Good

Friday Café. They ran face painting, cake and coffee stalls and games for children and young people. Another highlight was our Summer Kick-off Week in which many young people from our group put on games and activities in the local park for their peers. Up to 80 young people from the Witney community attended.

Children’s Church

Our aim for children’s church is to help the children to continue to grow in the knowledge of Jesus as their personal Saviour. We want to have fun together, and we also want the children to be challenged to grow and think deeper about their Christian faith, gaining some basic understanding of what it means to be a disciple of Christ.

We have continued to build on the existing work, using some aspects of the curriculum already in place. We enjoyed sharing the Easter story with the children and some of the stories of the early church in Acts. We then went back to look at some stories from the Old Testament.

From January, we will be looking at Jesus’s life and ministry, as we share stories about his miracles, found in the Gospels.

As the year before, quite a few of our lovely children have moved up to the youth group (and they have been greatly missed!) and a few children have moved up from Sparks (0 to 4) into Flames (Reception to year 2). This has meant that, currently, our children in Sparks are mainly babies and toddlers, and they are very sweet!

Some of the helpers in Sparks have stepped down after serving faithfully for some time, so we are in the process of trying to recruit more helpers. The leaders and helpers do a wonderful job and we are so grateful for their love and dedication.

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Cogglets

Cogglets, our toddler and parent/carer group, runs twice a week: on a Thursday in Madley Park Hall and on a Friday at Cogges Church Centre, from 10-11.30am. These groups are mainly attended by the local community and they are very popular. It has been lovely to get to know people and to start to build relationships.

A few of the older children have left Cogglets at Madley Park as they have started school or nursery, which means there are mainly younger children and the group is now smaller. On the other hand, Cogglets in the Church Centre has been quite busy in the last few months and we regularly welcome new parents/carers with their children.

The children and adults are increasingly engaging with Bible story time, which has been very encouraging. So far, we have looked at Bible stories about our emotions (e.g. the disciples

being afraid on the stormy sea), Bible stories involving numbers (e.g. five loaves and two fish), stories Jesus told (e.g. the parable of the lost sheep), and the Christmas story. Everyone joins in with tidy up time and the children look forward to song time at the end of the session.

The volunteers, who help on a weekly basis, are very faithful and committed and they do a wonderful job of welcoming everyone. We often need extra help with setting up and packing down, as there is some heavy work involved.

2. A Flourishing Community

By connecting people with God, each other and their world.

Growing a Worshipping Church

2024 continued in the pattern that we had established and maintained throughout the previous year. The 9am service continued to alternate BCP and Common Worship Communion services. The 6:30pm Service saw growth especially in the number of young adults attending, with greater focus on growing as worshipping disciples.

Numbers attending our 10:30am service at Wood Green School (WGS) continued to grow to the point where we were nearing capacity for our gatherings, so mid-year we decided to create two worshipping spaces to start the service before the children left for their activities: our usual worship style in the main hall and, in the canteen, we offered ‘unplugged’ acoustic worship and were more ‘fluid’ and open to the leading by the Holy Spirit, so that people could choose how to worship God at the start of the service. The new space in the canteen quickly began to attract 30 to 40 people and

succeeded in its aim of helping us manage numbers. We continued with the Second Sunday initiative of encouraging people to use their time in missional activities although we did not see much growth in this area during the year.

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Highlights of the last year have included the Church Weekend Away which saw 176 members of our Church Family head to AdventurePlus in Clanfield for a weekend of fellowship, fun and good teaching from John and Anne Coles; an open air service which included baptisms then family time as we enjoyed a picnic together in the priory gardens; we have hosted 26 people at aS cf. Sel tal ‘Welcome’ meals during the year; and we have welcomed many adults and children to our Christmas services and other events.

Connect Groups

We believe Connect Groups are a vital and central part of church family life. They are a key place for pastoral care, prayer, encouragement, support, Bible Study and growth together as disciples of Jesus.

Twenty Connect Groups meet mostly on a fortnightly basis. Several have grown to capacity. In the coming year we will encourage those groups to "multiply" for greater provision. Encouragingly, our Young Adults group, led by our Curate, is flourishing. Most groups now meet in person; one group (for younger families) continues to meet online. We are discussing starting a new daytime group for young families.

Once our new vicar has settled in, we will review how Connect groups are working. Overall groups are healthy and we will continue to nurture and develop this vital part of Church family life.

Worship Team

We experienced a number of changes during 2024: change of service timing and rehearsals, new worship spaces such as the canteen in Wood Green School and a change of style in the evening services. Our team has been amazingly flexible and willing to adapt to all the changes. Various people have wanted to join our amazing group and a professional sounding choir joined us for Christmas, as we seek to use more God given musical talent from within the church. We are trying to create a culture of discipleship and a sense of siblinghood. To this end our worship Connect Group meets every Monday and has been growing strongly. We are looking forward to what God is going to do in our next season as a worship team!

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Prayer and Prayer Ministry

There is often an ebb and flow in prayer ministry, with some areas of ministry more active and others less so. Good numbers have continued to ask for prayer ministry at Sunday services. In 2024 more people requested ‘Restoring The Foundations’ single-issue focussed ministry for deeper issues, whereas there were fewer Prayer Ministry Appointments than in previous years. In the summer we held a meeting for information and training, to increase team members’ awareness of how our different types of ministry benefit people and to help us provide each person with sensitive and appropriate care and prayer. A number of people have found a 6-session ‘Recover Group’ helpful, following a programme used worldwide, and based on a mix of sound mental health care principles and wisdom from the Bible.

There has been a steady flow of Prophetic Prayer Appointments in 2024, mostly provided by the Prophetic Prayer Team and a few others also. These positive and encouraging appointments are open to anyone who is open to allowing the Lord to speak into their life.

As well as prayer ministry, other prayer activities took place across the church:

1st Weds of the Month –'Passion for Change' is our regular monthly prayer meeting, open to all, to pray for the world, the church general, Witney and our church.

7am every Thursday morning Prayer Meeting on Zoom is our weekly prayer meeting where we pray for the church, staff team and activities, our Mission partners, and for individual prayer requests that we receive.

Prayer Chain – is where we receive specific (often urgent) prayer requests for people in need. Various monthly prayer meetings also take place for some of our Mission Partners."

In April 2024 we pioneered the first united prayer meeting and prayer walk around all of the schools in Witney involving Christians from different churches; and subsequently hosted 2 prayer gatherings open to other churches during the year. There are also regular prayer meetings for our mission partners (in the UK and overseas) and for our schools (see reports below).

Community Garden

We began work in the Community Garden as usual in March to prepare the ground for the new season. We then opened to the public at the beginning of April for tea, coffee and cake on a Tuesday afternoon and Thursday morning.

This year we started to grow small plants from seed and offer these on our stall early in the season together with plants that had self-seeded and vegetable plants grown in the polytunnel of one of our helpers. Later, as the warm weather came we added to the stall vegetables grown in the garden.

Our usual regulars supported us over the year along with some new people who became regular visitors for the refreshments and the stall. This year 1 new person, who is not from the church community, joined our team of gardeners.

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We received donations of just over £1,200 for the year, of which £400 was given to Apollos Clothing as our chosen Charity for 2024. The rest is being used to improve our facilities which include a new storage box for the tools. We also need to buy seeds and compost for 2025. The rest is being retained as a reserve.

In the autumn the community garden applied for and was awarded a £50 grant from Witney Town Council. This will go towards the purchase two new thermos flasks for use by the community garden and wider Church.

Safeguarding

The PCC has continued to comply with the duty to have due regard to the House of Bishops' guidance on safeguarding children and vulnerable adults under section 5 of the Safeguarding and Clergy Discipline Measure 2016. The Operations Manager continued as the Parish Safeguarding Officer during 2024. During the year 4 volunteers or staff team members were safely recruited to work with children and young people and the process was started with another 5 volunteers. Ten volunteers or staff completed the Basic Awareness training module and 9 completed the Foundation module.

The summer of 2024 also saw the adoption of the new Parish Safeguarding Hubs App which tracks volunteer roles within the church and the safeguarding training and DBS renewals for volunteers. Currently we have 24 roles which have a safeguarding requirement and 95 active people doing them, all the details of which had to be inputted into the application.

Electoral Roll

There were 286 people on the revised church electoral roll at the 2024 APCM, of whom 26 were new members since February 2023. 24 people have moved from the area or changed churches. 106 were resident in the parish while 180 were non-resident in the parish.

3. A Resourcing Church

Engaging in mission in our community and beyond.

Mission

St Mary's Cogges tithes 10% of all unrestricted income given to the church. This year the church donated £34,229 to local and global mission projects. Many church members are also committed to praying, supporting and volunteering with the numerous people, projects and organisations we support locally and overseas. This is a snapshot of what we have done in 2024, as well the many small grants we have given to people and networks involved in mission.

Mission – Witney and National

In 2024 we ran 3 Alpha Courses, one each term. We have had many helpers, with one volunteer helping to lead the last two courses. Overall, we have had around 25 guests, many of whom would not have described themselves as Christians, and others new to faith. A few gave their lives to Jesus and many were filled with the Holy Spirit for the first time. It has been a fruitful year of Alpha and we plan to build on the growing momentum.

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CAP is an award-winning national charity that offers free, face-to-face debt counselling and identifies the most appropriate way(s) to resolve overdue debt. The CAP Debt Help Centre in Witney is run in partnership with Witney Community Church and supported financially by other churches in the area as well as through volunteer debt counsellors.

Adventure Plus works with 7,000 children & youth each year, helping them reach their potential and make positive life choices through outdoor activities. The Church has supported Adventure Plus for many years, as well as providing special family days out including for refugees and more recently with Church Weekends on the site.

Mission – Middle East

One of the Church’s priorities has been to support Christians and leaders in tough contexts, especially in the Middle East.

SAT-7 ’s media ministry faced significant challenges in the Middle East this year. Despite this they continued to broadcast to adult and their SAT-7 KIDS channel was able to support children caught up in conflict.

Open Doors continues to be an important local and international &OpenDoors partner. The organisation supports Christians in over 70 countries, from training leaders to raising awareness about global persecution”.

Mission – Africa

For the past 10 years we have primarily had a prayer link with Gasenyi Parish, Burundi, but have also sent funds to help with various projects, equipment and training for individuals. It has finally been confirmed that the site of the present church and several other church buildings must be relinquished for Government use. We are prayerfully considering how we support them and develop our partnership as they begin building a new church in 2025.

At the end of 2024 Pastor Pierre wrote to the church saying, "I thank you God who granted me the time to wish you the merry Christmas and the best wishes of 2025 coming from the Gasenyi parish, may God give you all your thoughts."

The Blake Church of England Primary School

Home School Key Worker

Cogges church is committed to partnering with our local Primary School, The Blake School. A key element of this is enabling the school to employ a Home School Key Worker (HSKW), a role KE SCHO a, o existing since March 2017. The key elements of the HSKW role are: being available to any parent or carer who wants support or advice, supporting individual children through one-to-one nurture times, check-ins, games or providing a quiet space for them to talk, liaising with other agencies such as School nurses Children's Social Care etc and working as part of the Safeguarding team to ensure all concerns are recorded and actioned appropriately.

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Cogges Church provides Early Intervention coaching, through the church's partnership with TLG (Transforming Lives for Good), which involves 12-15 months of weekly coaching sessions with a trained volunteer from the Church. Teachers and parents often comment on the changes they see in the children who are coached.

The church also provides Family Adventure Mornings three times a year at local charity Adventure Plus , which provides an opportunity for children to enjoy outdoor pursuits while parents and carers stay for coffee, supportive conversations and exploration of an aspect of parenting or family life. Approximately 20 families benefit from this over the course of a year.

Clubs

The weekly after school Christian club J.A.M ( Jesus And Me), reached its 20th year of running in 2024. All children from years 4-6 (8-11 year olds) were invited and over 20 attended. Last October, a second J.A.M group started, this time for year 3 children and 10 children attended. This is a safe place to explore questions, grow in faith and grow in community together...and have lots of fun! The enthusiasm and growing faith of some of the children is evident.

Other Activities

The school calendar marks annual events in the church such as the Junior Carol Services and the Leavers Service (during which each Year 6 Leaver is given a bible from St Mary's, Cogges). It was wonderful to see some families come to The Light Party and Christingle Service. Another key partnership with the school is the annual Prayer Space. This is always a highlight of the School's RE and Arts Week. The theme last November was HOPE, based on Romans 15 :13 "May the God of hope fill you with all joy and peace as you trust in Him." Nearly all the children (around 350) came with their teachers and helpers during the week. As always, the children loved it, and staff were very grateful to all our volunteers.

Supporting Ukrainian and other Refugees

It is 3 years since St Mary’s Church, Cogges, along with other local churches, organisations and individuals, began to support Ukrainians who have found refuge in Witney and the surrounding area. In July 2024 we ended our provision of English lessons at the High Street Methodist church, Witney, as many now have jobs with shift patterns that prevented them from attending. However from September we began to provide one-to-one English lessons, face to face or online, for Ukrainians who have requested this. Through hard work and determination, a few of our Ukrainian friends are now working in skilled jobs. Some young Ukrainians are making brilliant progress with their school and college learning and some are now at university. We are very proud of them all!

We still support over 50 Ukrainian adults in our area with help and advice as needed. We continue to pray for them, that the Prince of Peace would fill them with hope and peace. During 2024 some church members have also been teaching English to asylum seekers and refugees in Witney from other countries.

Maintaining the fabric of the buildings 2024

Regular planned maintenance work continued throughout 2024 on all our buildings, including the 5 yearly electrical installation inspection. Other work undertaken was in response to an urgent issue and included the investigation of water ingress on the South Aisle and patch repairs to the lead and some other minor repairs to the church roof. To prevent birds flying into the church tower, the mesh was reinforced this year.

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Other work around the site included making the church centre garden trees safe and erecting a partial new fence around the office courtyard after it blew down in the storm in early December.

We continue to be grateful to everyone who contributes to the condition and up-keep of our site, especially our churchyard work party, office, flower arranging and tech team volunteers.

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Financial Review

The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the accounts and comply with the charity’s governing documents, the Charities Act 2011 and Accounting and Reporting by Charities: Statement of Recommended Practice (second edition) and Financial Reporting Standard FRS102. It covers the PCC’s financial year, January to December 2024.

The PCC is responsible for all parish finance, and its management and control, and has appointed a treasurer to supervise this area. The PCC receives reports on the state of finances at most meetings, as well as approving the annual accounts for presentation to the Annual Parochial Church Meeting. The finance subgroup receives monthly reports of budget versus actuals.

In 2024 there was little change in income or expenditure. Our regular general income was 2.5% less than in 2023, however, the addition of the funds raised by the Autumn Appeal gave the church a general income increase of 2.1% over 2024, although it was 7% below our budgeted income for the year. Although it is disappointing that we fell short of our budget, the increase is similar to the rate of inflation for the year, so we did hold our own in real terms despite the continuing cost of living crisis. Unrestricted expenditure in 2024 was 3.8% higher than in 2023, but 4% below budget. The grant from the diocese for the position of Associate Vicar is decreasing each year, the decrease of £10k in 2024 accounted for a significant amount of the increase in expenditure. A major contributor to the underspend compared with the budget was lower than expected spending on property maintenance.

In 2024 our Parish Share of £83,997 was paid in full. The PCC also contributed £2,000 to South Leigh Parish Share as this is a benefice responsibility.

The general fund had a surplus of £1,663, leaving unrestricted reserves of £49,108 (see later comments on reserves). The total asset value of the church has decreased from £454,807 to £431,804 (£23,002). This reduction is in restricted funds, due to depreciation of property and the use of restricted funds for church building repairs.

There was a small increase in the number of regular donors giving via the Parish Giving Scheme, however there was a decrease in the number giving by standing order, reducing the total number of regular givers to 141. This was reflected in the slight reduction in income when the Autumn Appeal is removed from the total. ‘Loose plate offerings’ increased, this is mainly due to the account being renamed ‘Card & cash collections’ which now includes card donations that were recorded elsewhere in 2023. There is a permanent card terminal in the church and a portable card reader is used at other services/events.

The compassion fund continues to distribute grants to those in need in the church family and local community. The Associate Vicar oversees the fund with a grant limit of £500 per household per year. In 2024 the fund had an income of £8,818 in earmarked donations from the congregation and issued grants to the value of £6,594.

The other main financial item considered by the PCC was the distribution of grants to charities and other causes working in mission and social action at home and overseas. The PCC has an agreed policy to give away at least a tithe (10%) of its general fund income (in addition to earmarked donations, e.g. compassion fund). The PCC agreed to a distribution of the tithe for 2024, with £5,500 allocated to overseas mission, £10,604 for home mission (including £5,000 to Adventure Plus), £8,000 for overseas relief & development and £10,125 for home relief. The tithe paid out in 2024 was 9.7% of our unrestricted income. Our tithe is not fully distributed in the year that the income is received. An undistributed amount of £2,710 was carried over into 2024 from the previous year’s tithe and £2,069 is being carried over in 2025. This money is held in the ‘Tithe Designated’ fund to be distributed in 2025.

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The total restricted income for distribution to charities and mission in 2024 was £4,749 (excluding compassion fund grants/gifts).

Two Gift Days/Appeals were held in 2024. Both coincided with other funding requests (Church Weekend Away, Andy Reid mission trip and Simon Kirby leaving gift) so the response was not as good as expected. However, a total of £23,213 was raised over the two appeals.

The PCC introduced the Parish Giving Scheme (PGS) in 2019 to administer regular donations from its members. The Parish Giving Scheme accounts for 46% of donors, standing orders/BACs 36% and card transactions 18%, although the amount received via PGS is only 40% of our income. The PGS is our favoured means of receiving donations. There are no charges deducted from regular payments, and they process Gift Aid claims each month, which reduces our administrative workload. The PGS now accept one off donations, although card fees are deducted from these.

Giving via the church website and ChurchSuite has increased. However, these donations are subject to card fees of up to 2.5% which account for £1,031 of the bank charges in 2024. £49,280 of income has come via this route, most of which was regular giving, but this method is useful and often used for one off or earmarked donations and ticketed events (ticket income not included in total).

Internal financial controls : The PCC reviewed these procedures in 2024 and is satisfied that the controls are providing sufficient security. The procedures will be reviewed in 2025.

Why we hold some money in reserve

It is the policy of this church to hold reserves equivalent to two months’ general running costs and an additional one month’s salary costs (currently a total of approximately £64,000). The unrestricted reserves of the church are £49,108. This falls short of our reserves policy by 23% but due to the level of our reserves the PCC is not unduly concerned. With this in mind, the finance committee is currently reviewing our reserves policy, taking risk factors into account rather than basing the policy purely on the previous year’s expenditure, and exploring the concept of ‘project’ reserves.

Related Trusts and Charities

The Blake Educational Trust owns the site of the Blake School. The Trustees of the Blake Educational Trust are the Incumbent, a Churchwarden, 2 members appointed by the PCC and 3 independent members appointed by the Trust.

Approved on …………. March 2025 and signed on behalf of Cogges Parochial Church Council by

Rev M Beer (PCC Chairman)

Page 17

Independent Examiner’s Report to the Trustees

I report to the trustees on my examination of the accounts of St Mary’s Church, Cogges for the year ended 31st December 2024.

Responsibilities and Basis of Report

As the charity’s trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (“the Act”).

I report in respect of my examination of the charity’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent Examiner’s Statement

Since the charity’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of the Association of Chartered Certified Accountants.

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

  1. accounting records were not kept in respect of the charity as required by section 130 of the Act; or

  2. the accounts do not accord with those records; or

  3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

A P Williams BSc FCCA

A J Carter & Co Chartered Accountants 22b High Street Witney OX28 6RB

.....................................................................

Page 18

Statement of Financial Activities

Statement of Financial Activities
Unrestricted Designated
Restricted Endowment
Total
Prior year
funds
funds
funds
funds
funds
total funds
Income and endowments from:
Incoming resources from donors
Other voluntary incoming resources
Activities in furtherance of the council's objects
Income from investments
Other income
Total income
Expenditure on:
Costs of generating funds
Grants
Activities relating to the work of the Church
Support costs
Church management and administration
Total expenditure
Gains / losses on investment assets
Net income / (expenditure) resources before
transfer
Transfers
Gross transfers between funds - in
Gross transfers between funds - out
Other recognised gains / losses
Gains on revaluation, fixed assets, charity's own
use
Net movement in funds
Total funds brought forward
Total funds carried forward
Represented by
Unrestricted
General fund
Designated
Associate Vicar Fund
Church building fund
Evangelism fund
Gift Day Fund
Tithe Fund
Restricted
Agency collection
Associate Vicar Fund
Beyond The Lichgate
Chancel repair fund
Childrens Work fund
Church Centre fund
Church Weekend Away
Church building fund
Compassion Fund
Evangelism fund
Gasenyi
Gift Day Fund
Kitchen Outreach Fund
Life Centre
Milking Parlour Outreach
New Building
Youth Work
Endowment
Chancel repair fund
Totals		 320,779.12
16,226.99
23,401.17
—
360,407.28
343,365.31
664.11
652.50
29,969.80
—
31,286.41
54,246.87
13,460.06
—
5,315.00
—
18,775.06
15,193.25
1,053.39
882.39
1,084.95
—
3,020.73
2,873.44
(9.84)
—
—
—
(9.84)
1,550.26
335,946.84
17,761.88
59,770.92
—
413,479.64
417,229.13
486.00
—
—
—
486.00
421.00
—
34,229.00
11,342.29
—
45,571.29
50,708.66
299,140.46
10,163.08
68,766.00
—
378,069.54
359,319.10
6,847.49
—
—
—
6,847.49
7,119.17
5,848.89
494.00
60.00
—
6,402.89
7,788.95
312,322.84
44,886.08
80,168.29
—
437,377.21
425,356.88
—
—
—
894.59
894.59
3,361.00
23,624.00
(27,124.20)
(20,397.37)
894.59
(23,002.98)
(4,766.75)
16,403.74
34,045.88
12,593.12
—
63,042.74
86,193.53
(38,365.62)
(24,677.12)
—
—
(63,042.74)
(86,193.53)
—
—
—
—
—
—
1,662.12
(17,755.44)
(7,804.25)
894.59
(23,002.98)
(4,766.75)
47,446.72
44,195.93
324,080.14
39,084.56
454,807.35
459,574.10
49,108.84
26,440.49
316,275.89
39,979.15
431,804.37
454,807.35
49,108.84
—
—
—
49,108.84
47,446.72
—
22,772.29
—
—
22,772.29
40,419.34
—
1,598.67
—
—
1,598.67
867.93
—
—
—
—
—
198.08
—
—
—
—
—
—
—
2,069.53
—
—
2,069.53
2,710.58
—
—
—
—
—
—
—
—
—
—
—
357.89
—
—
147,140.49
—
147,140.49
142,753.30
—
—
4,996.21
—
4,996.21
3,911.26
—
—
(221.62)
—
(221.62)
691.00
—
—
145,860.41
—
145,860.41
154,724.18
—
—
1,644.14
—
1,614.44
—
—
—
474.53
—
474.53
4,059.43
—
—
10,590.93
—
10,590.93
8,366.34
—
—
13.18
—
13.18
345.92
—
—
—
—
—
1,055.23
—
—
—
—
—
—
—
—
692.20
—
692.20
692.20
—
—
1,575.42
—
1,575.42
644.17
—
—
560.10
—
560.10
560.10
—
—
1,931.32
—
1,931.32
4,384.12
—
—
1,018.58
—
1,018.58
1,535.00
—
—
—
39,979.15
39,979.15
39,084.56
49,108.84
26,440.49
316,275.89
39,979.15
431,804.37
454,807.35

Page 19

Balance sheet

Total funds
Prior year funds
Fixed assets
Tangible assets
Investments
Current assets
Debtors
Cash at bank and in hand
Liabilities
Creditors: Amounts falling due in one year
Net current assets less current liabilities
Total assets less current liabilities
Liabilities
Creditors: Amounts falling due after more than one year
Total net assets less liabilities
Represented by
Unrestricted
General fund
Designated
Associate Vicar Fund
Tithe Fund
Church building fund
Evangelism fund
Gift Day Fund
Restricted
Agency collection
Compassion Fund
Evangelism fund
Gasenyi
Gift Day Fund
Kitchen Outreach Fund
Church Weekend Away
Milking Parlour Outreach
New Building
Associate Vicar Fund
Youth Work
Beyond The Lichgate
Life Centre
Chancel repair fund
Childrens Work fund
Church building fund
Church Centre fund
Endowment
Chancel repair fund
Funds of the church		 377,362.61
392,873.44
39,979.15
39,084.56
417,341.76
431,958.00
20,938.88
23,887.97
81,931.49
101,257.18
102,870.37
125,145.15
21,556.48
25,126.00
21,556.48
25,126.00
81,313.89
100,019.15
498,655.65
531,977.15
66,851.28
77,169.80
66,851.28
77,169.80
431,804.37
454,807.35
49,108.84
47,446.72
22,772.29
40,419.34
2,069.53
2,710.58
1,598.67
867.93
—
198.08
—
—
—
—
10,590.93
8,366.34
13.18
345.92
—
1,055.23
—
—
692.20
692.20
1,644.14
—
560.10
560.10
1,931.32
4,384.12
—
357.89
1,018.58
1,535.00
147,140.49
142,753.30
1,575.42
644.17
4,996.21
3,911.26
(221.62)
691.00
474.53
4,059.43
145,860.41
154,724.18
39,979.15
39,084.56
431,804.37
454,807.35

Approved by the Parochial Church Council on ………..March 2025 and signed on its behalf by

Rev M Beer (PCC Chairman)

(PCC member)

Page 20

Notes to the Financial Statements for the year ended 31st December 2024

1. Accounting Policies

The Financial Statements have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts. The Financial Statements have been prepared in accordance with the second edition of the Charities Statement of Recommended Practice issued in October 2019, the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS102) and the Charities Act 2011.

Public Benefit Entity

Cogges PCC meets the definition of a public benefit entity under FRS 102.

Going Concern

The Trustees consider that there are no material uncertainties about the Charity’s ability to continue as a going concern.

Funds

General funds represent the funds of the PCC that are not subject to any restrictions regarding their use and are available for application on the general purposes of the PCC. Funds designated for a particular purpose by the PCC are also unrestricted.

The accounts include all transactions, assets and liabilities for which the PCC is responsible in law. They do not include the accounts of informal gatherings of Church members.

Incoming Resources

Voluntary Income

Offerings are recognised when received by or on behalf of the PCC. Planned giving is recognised only when received.

Income tax recoverable on gift aid donations is recognised when the income is recognised. Grants and legacies to the PCC are accounted for as soon as the PCC is notified of its legal entitlement, the amount due is quantifiable and its ultimate receipt by the PCC is reasonably certain.

Other Incoming Resources

Rental income from the letting of church premises is recognised when the rental is due.

Investment Income

Dividends and interest are accounted for when receivable.

Tax recoverable on such income is recognised in the same accounting year.

Gains and Losses on Investments

Realised gains or losses are recognised when investments are sold. Unrealised gains or losses are accounted for on revaluation of investments at 31st December.

Page 21

Resources Used

Grants

Grants and donations are accounted for when paid over, or when awarded if that award creates a binding obligation on the PCC.

Church Expenditure

The parish share is accounted for when payable. Any parish share unpaid at 31st December is provided for in these accounts as an operational (though not a legal) liability and is shown as a creditor in the Balance Sheet.

Fixed Assets

Consecrated Land and Buildings and Movable Church Furnishings

Consecrated and beneficed property is excluded from the accounts by section 10 of the Charities Act 2011.

No value is placed on movable church furnishings held by the churchwardens on special trust for the PCC and which require a faculty for disposal since the PCC considers this to be inalienable property. All expenditure incurred during the year on consecrated or beneficed buildings and movable church furnishings, whether maintenance or improvements, is written off as expenditure in the Statement of Financial Activity and separately disclosed.

Freehold Land and Buildings

Land and buildings are valued at cost and depreciated on a straight-line basis over 50 years. The cost of the 2017 refurbishment is being depreciated on a straight-line basis over 20 years. The 2023 replacement of the Church Centre and Office heating systems is being depreciated on a straight-line basis over 25 years.

Leasehold Property

Capital expenditure on leasehold property is depreciated over the period of the lease.

Office Fixtures and Equipment

Fixtures and equipment used within the church premises are depreciated on a straight line basis over 5 years. Individual items or equipment with a purchase price of £1,000 or less are written off when the asset is acquired.

Investment

Investments are valued at market value at 31st December.

Current Assets

Amounts owing to the PCC at 31st December in respect of fees, rents or other income are shown as debtors less provision for amounts that may prove uncollectable.

Page 22

2. Analysis of Net Assets by Fund Type Statement of assets and liabilities

General Designated
Restricted Endowment
This year
Last year
Fixed assets - Investments
CofE Investment Fund shares -
Totals
Fixed assets - Tangible assets
Office Computers 2022 -
Lawn Mower 2023 -
Church Centre building 1997 -
Church Centre Refurbishment 2017 -
Church Centre New Flooring 2018 -
The Old School House 2015 -
CCC & Office heating 2023 -
Totals
Current assets - Cash at bank and in hand
Current Account -
Service Fees Account -
Restricted Funds Current Account -
General Fund Deposit Account -
Restricted Funds Deposit Account -
Lloyds cash account -
Petty Cash - Youth Work -
Totals
Current assets - Debtors
Accounts Receivable -
Totals
Liabilities - Agency accounts
Agency collections -
Totals
Liabilities - Creditors: Amounts falling due
after more than one year
Mortgage for House due after 1 year -
Totals
Liabilities - Creditors: Amounts falling due in
one year
Mortgage for House due within 1 year -
Accounts Payable -
Totals
Grand total		 —
—
—
39,979.15
39,979.15
39,084.56
—
—
—
39,979.15
39,979.15
39,084.56
461.60
—
—
—
461.60
692.46
1,860.00
—
—
—
1,860.00
2,480.00
—
—
54,021.40
—
54,021.40
56,476.92
—
—
60,591.01
—
60,591.01
65,640.26
3,680.60
—
—
—
3,680.60
3,976.80
—
—
225,500.00
—
225,500.00
231,000.00
—
—
31,248.00
—
31,248.00
32,607.00
6,002.20
—
371,360.41
—
377,362.61
392,873.44
6,928.10
(5,842.06)
5,499.56
—
6,585.60
2,164.25
2,983.10
1,365.00
(678.33)
—
3,669.77
5,128.44
875.12
455.00
3,102.40
—
4,432.52
5,138.08
20,184.91
—
—
—
20,184.91
30,196.27
—
27,894.48
17,107.02
—
45,001.50
53,848.88
1,167.17
379.32
461.83
—
2,008.32
4,732.39
48.87
—
—
—
48.87
48.87
32,187.27
24,251.74
25,492.48
—
81,931.49
101,257.18
17,295.13
2,188.75
1,455.00
—
20,938.88
23,887.97
17,295.13
2,188.75
1,455.00
—
20,938.88
23,887.97
(51.64)
—
3,440.75
—
3,389.11
1,787.37
(51.64)
—
3,440.75
—
3,389.11
1,787.37
—
—
66,851.28
—
66,851.28
77,169.80
—
—
66,851.28
—
66,851.28
77,169.80
—
—
11,701.37
—
11,701.37
11,291.41
6,427.40
—
38.60
—
6,466.00
12,047.22
6,427.40
—
11,739.97
—
18,167.37
23,338.63
49,108.84
26,440.49
316,275.89
39,979.15
431,804.37
454,807.35

3. Fund Details

The endowment fund comprises the St Mary’s Church, Cogges, Chancel Repair Fund. This is a permanent endowment which requires income to be spent on the upkeep, repair and insurance of the Chancel of St Mary’s Church, Cogges and if there is sufficient money remaining this may be used for the upkeep and repair of the fabric of the remainder of the Church.

It is primarily represented by Investment Assets as per note 8(b). Dividends and interest of £1,084.95 have been received during the year.

Page 23

4. Fund movement by type

Opening Incoming Outgoing Transfers Gains/losses Journals Closing
AssVic - Associate Vicar Fund
Designated
Restricted
Sub-total for AssVic
BTLG - Beyond The Lichgate
Designated
Restricted
Sub-total for BTLG
LifeCntr - Life Centre
Restricted
Sub-total for LifeCntr
Chancel - Chancel repair fund
Restricted
Endowment
Sub-total for Chancel
Children - Childrens Work fund
Restricted
Sub-total for Children
Building - Church building fund
Designated
Restricted
Sub-total for Building
CCC - Church Centre fund
Restricted
Sub-total for CCC
Compassion - Compassion Fund
Restricted
Sub-total for Compassion
Evangelism - Evangelism fund
Designated
Restricted
Sub-total for Evangelism
Gasenyi - Gasenyi
Restricted
Sub-total for Gasenyi
General - General fund
Unrestricted
Sub-total for General
GiftDay - Gift Day Fund
Designated
Restricted
Sub-total for GiftDay
Kitchen - Kitchen Outreach Fun
Restricted
Sub-total for Kitchen
CWA - Church Weekend Away
Restricted
Sub-total for CWA
Parlour - Milking Parlour Outr
Restricted
Sub-total for Parlour
New-Build - New Building
Restricted
Sub-total for New-Build		 40,419.34
622.40
10,429.00
(7,840.45)
—
—
22,772.29
357.89
27,000.00
35,198.34
7,840.45
—
—
—
40,777.23
27,622.40
45,627.34
—
—
—
22,772.29
—
—
—
—
—
—
—
142,753.30
5,165.42
5,500.00
4,721.77
—
—
147,140.49
142,753.30
5,165.42
5,500.00
4,721.77
—
—
147,140.49
644.17
931.25
—
—
—
—
1,575.42
644.17
931.25
—
—
—
—
1,575.42
3,911.26
1,084.95
—
—
—
—
4,996.21
39,084.56
—
—
—
894.59
—
39,979.15
42,995.82
1,084.95
—
—
894.59
—
44,975.36
691.00
2,340.00
3,252.62
—
—
—
(221.62)
691.00
2,340.00
3,252.62
—
—
—
(221.62)
867.93
730.74
—
—
—
—
1,598.67
4,059.43
—
3,584.90
—
—
—
474.53
4,927.36
730.74
3,584.90
—
—
—
2,073.20
154,724.18
—
8,863.77
—
—
—
145,860.41
154,724.18
—
8,863.77
—
—
—
145,860.41
8,366.34
8,818.25
6,593.66
—
—
—
10,590.93
8,366.34
8,818.25
6,593.66
—
—
—
10,590.93
198.08
5.00
203.08
—
—
—
—
345.92
4,020.00
4,352.74
—
—
—
13.18
544.00
4,025.00
4,555.82
—
—
—
13.18
1,055.23
—
1,086.13
30.90
—
—
—
1,055.23
—
1,086.13
30.90
—
—
—
47,446.72
335,946.8
4
312,322.8
4
(21,961.88
)
—
—
49,108.84
47,446.72
335,946.84
312,322.84
(21,961.88)
—
—
49,108.84
—
16,403.74
—
(16,403.74)
—
—
—
—
—
—
—
—
—
—
—
16,403.74
—
(16,403.74)
—
—
—
692.20
—
—
—
—
—
692.20
692.20
—
—
—
—
—
692.20
—
6,626.25
4,982.11
—
—
—
1,644.14
—
6,626.25
4,982.11
—
—
—
1,644.14
560.10
—
—
—
—
—
560.10
560.10
—
—
—
—
—
560.10
4,384.12
—
2,452.80
—
—
—
1,931.32
4,384.12
—
2,452.80
—
—
—
1,931.32

Page 24

Tithe - Tithe Fund
Designated
Sub-total for Tithe
Youth - Youth Work
Restricted
Sub-total for Youth
Grand total		 2,710.58
—
34,254.00
33,612.95
—
—
2,069.53
2,710.58
—
34,254.00
33,612.95
—
—
2,069.53
1,535.00
3,784.80
4,301.22
—
—
—
1,018.58
1,535.00
3,784.80
4,301.22
—
—
—
1,018.58
454,807.35
413,479.64
437,377.21
—
894.59
—
431,804.37

5. Analysis of income and expenditure

Total Unrestricted Designated Restricted Endowment This year Last year

Income and Endowments

Incoming resources from donors

0101005 - Gift Aid – Bank 108,392.59
—		 4,190.00 — 112,582.59 115,511.95
0101008 - Parish Giving Scheme 100,036.37
—		 2,600.93 — 102,637.30 98,697.42
0101010 - Gift Aid - Envelopes 1,940.00
—		 — — 1,940.00 2,177.45
0103A05 - Charity Credits 4,429.05
—		 150.00 — 4,579.05 4,115.00
0203A00 - Other planned giving 32,530.00
—		 40.00 — 32,570.00 37,560.80
0203A05 - Planned Giving GA 4,071.00
—		 1,110.00 — 5,181.00 4,620.00
0203A10 - NGA envelopes & B/O 960.00
—		 — — 960.00 960.00
0304000 - Cash & Card Collections 3,567.68
—		 — — 3,567.68 2,478.25
0405A00 - Regular gift days NGA 4,200.00
5,795.00		 — — 9,995.00 —
0405A05 - Regular Gift Days GA 1,500.00
7,580.00		 — — 9,080.00 1,475.00
0405B00 - Wall Boxes —
78.24		 — — 78.24 121.43
0501040 - House Purchase GA —
—		 760.00 — 760.00 960.00
0504010 - Other Offerings 2,250.00
—		 — — 2,250.00 330.97
0504040 - House Purchase NGA —
—		 1,540.00 — 1,540.00 515.00
0505B05 - One-off Gift Aid gifts 647.77
—		 6,380.00 — 7,027.77 11,813.00
0602000 - Gift Aid Recovered 56,254.66
2,773.75		 6,630.24 — 65,658.65 62,029.04
Total 320,779.12
16,226.99		 23,401.17 — 360,407.28 343,365.31
ther voluntary incoming resources
0503B00 - Donations appeals etc. 664.11
—		 2,969.80 — 3,633.91 10,207.45
0702000 - Legacies —
—		 — — — —
0801A00 - Recurring grants —
—		 — — — 712.50
0801A05 - Associate Vicar Grant —
—		 27,000.00 — 27,000.00 37,255.92
08A1000 - One off Grants —
652.50		 — — 652.50 6,071.00
Total 664.11
652.50		 29,969.80 — 31,286.41 54,246.87
ctivities in furtherance of the council's objects
1102005 - Service Fee PCC received 1,814.30
—		 — — 1,814.30 3,648.50
1201A00 - Bookstall sales 72.24
—		 — — 72.24 —
1202A00 - Ch hall lettings 8,476.75
—		 — — 8,476.75 7,935.00
1205000 - Event Income Cogglets 1,856.27
—		 — — 1,856.27 2,508.58
1205100 - Event Income Children 122.00
—		 — — 122.00 158.00
1205300 - Event Income Alpha 215.00
—		 — — 215.00 —
1205400 - Event Inc Mens Ministry 642.00
—		 — — 642.00 599.17
1206000 - Event Income Outreach 261.50
—		 — — 261.50 344.00
1206100 - Event Income Social — — 5,315.00 — 5,315.00 —
Total 13,460.06
—		 5,315.00 — 18,775.06 15,193.25

Other voluntary incoming resources

Activities in furtherance of the council's objects

Page 25

Income from investments
1001000 - Dividends
1001001 - Bank interest
Total
Other income
1301000 - Insurance claims
1302010 - Other Income
Total		 —
—
1,084.95
—
1,084.95
1,361.07
1,053.39
882.39
—
—
1,935.78
1,512.37
1,053.39
882.39
1,084.95
—
3,020.73
2,873.44
—
—
—
—
—
1,580.73
(9.84)
—
—
—
(9.84)
(30.47)
(9.84)
—
—
—
(9.84)
1,550.26
INCOME TOTAL 335,946.84
17,761.88
59,770.92
—
413,479.64
417,229.13

Expenditure

Expenditure
Costs of generating funds
1700003 - Costs stewardship 486.00 — — — 486.00 421.00
Total 486.00 — — — 486.00 421.00
Grants
1801000 - Grants - o/s mission — 5,500.00 3,662.50 — 9,162.50 11,287.50
1802000 - Grants - o/s relief & dev — 8,000.00 1,086.13 — 9,086.13 12,535.03
1803000 - Grants - home mission — 10,604.00 — — 10,604.00 9,883.40
1804000 - Grants - home relief — 10,125.00 6,593.66 — 16,718.66 17,002.73
Total — 34,229.00 11,342.29 — 45,571.29 50,708.66
Activities relating to the work of the Church
1901010 - Parish share 83,997.24 — — — 83,997.24 79,681.19
1901015 - Parish Share South Leigh 2,000.00 — — — 2,000.00 2,000.00
2000001 - Admin - salary & expenses 47,846.49 — — — 47,846.49 51,591.07
2000050 - Admin training & Conferen 513.90 — — — 513.90 464.90
2000055 - Admin travel expenses 26.50 — — — 26.50 —
2000060 - Whole Staff Events 428.60 — — — 428.60 409.53
2004000 - Assistant staff costs 48,584.06 — 6,338.54 — 54,922.60 34,923.11
2004005 - Associate Vicar Wages 9,786.84 9,960.00 13,085.68 — 32,832.52 30,949.06
2004013 - Pension Costs - Staff 3,904.92 — — — 3,904.92 3,545.66
2004015 - Pension Costs - employer 4,411.94 — — — 4,411.94 3,976.88
2004017 - Pension Costs - Ass Vicar — — 6,730.71 — 6,730.71 7,050.96
2004020 - Intern Costs — — — — — 2,840.00
2102000 - Vicar travel costs 432.36 — — — 432.36 428.40
2102001 - Vicar telephone 100.00 — — — 100.00 140.00
2102002 - Vicar other exps 148.67 — — — 148.67 169.03
2102003 - Vicar Training & Conferenc 408.00 — — — 408.00 254.40
2102004 - Vicar resources — — — — — 179.80
2102005 - Visiting speakers 200.00 — 34.65 — 234.65 399.60
2102016 - Youth Worker Telephone 65.98 — — — 65.98 —
2102017 - Youth Worker Other Exps 34.40 — — — 34.40 67.25
2102018 - Youth Worker Train & Conf 426.00 — 150.00 — 576.00 246.25
2102019 - Youth Worker gifts — — 70.50 — 70.50 90.00
2102020 - Curate travel expenses 211.86 — — — 211.86 —
2102021 - Curate telephone 120.00 — — — 120.00 60.00
2102022 - Curate other expenses 19.50 — — — 19.50 37.88
2102023 - Curate training/courses 224.00 — — — 224.00 281.89
2102024 - Curate resources 22.46 — — — 22.46 38.87
2102030 - Worship Leader Travel 28.60 — — — 28.60 —
2102034 - Worship Leader Other 39.47 — — — 39.47 31.20
2102036 - Worship Leader Training 341.62 — — — 341.62 348.95
2102040 - Assoc Vicar Travel 242.81 — — — 242.81 254.17
2102042 - Assoc Vicar Telephone 120.00 — — — 120.00 90.00
Page 26
2102044 - Assoc Vicar other exps
2102046 - Ass Vicar training & Conf
2102048 - Assoc Vicar resources
2102049 - Assc Vicar Housing Costs
2103000 - Clergy housing Costs
2216010 - Baptism Materials
2216020 - Hosp Consumables Reg
2216022 - Hosp Consumables Spec
2216024 - Hosp Consumables Christ
2216030 - Hosp lit/equip Regular
2216032 - Hosp lit/equip Special Eve
2216034 - Hosp lit/equip Christmas
2217010 - Community Outreach
2217012 - Outreach - Special events
2217013 - Outreach - Alpha expense
2217014 - Cogglets expen/resources
2217015 - Childrens Outreach
2217016 - JAM Club
2217018 - Childrens Church
2217020 - Youth Outreach
2217021 - Youth Church
2217023 - Connect Group Post Alpha
2217024 - Mens Ministry
2217025 - Pastoral Care
2217030 - Prayer Ministry
2217035 - Non-Staff Training
2217038 - Internal Training Courses
2217045 - Church Events
2217062 - Resourcing Church
2217064 - Statutory Training
2300040 - Admin - subs & licences
2300045 - Worship - subs & licences
2300050 - Depreciation
2305020 - Church - Insurance
2306000 - Church regular upkeep
2306020 - Sound Vision Equip minor
2306022 - Sound Vision Equip major
2307000 - Church Services
2308000 - Upkeep of churchyard
2405005 - Church Oil
2405010 - Church Electricity
2510010 - Church Centre electricity
2510011 - Church Centre Oil
2510012 - Church Centre Water
2510015 - Church Centre insurance
2510017 - CC Regular Maintenance
2510020 - CC Repairs & Improvemnt
2510025 - CC Cleaning & Waste
2511000 - Other PCC property maint
2511005 - Other PCC property Repai
2617020 - Activities PCC Expenses
2706000 - Maj Planned Church Rep
2712010 - Maj Unplanned Church Re
9999998 - Write Offs
Total		 67.10
—
55.59
—
122.69
24.00
229.14
—
—
—
229.14
321.90
—
—
—
—
—
22.67
—
—
15,381.95
—
15,381.95
15,416.81
17,287.67
—
—
—
17,287.67
9,528.45
74.56
—
—
—
74.56
279.59
1,820.24
—
—
—
1,820.24
2,321.32
433.14
—
—
—
433.14
215.71
277.02
—
—
—
277.02
283.39
278.65
—
—
—
278.65
282.03
9.00
—
—
—
9.00
—
393.15
203.08
—
—
596.23
413.42
1,086.70
—
—
—
1,086.70
1,664.15
—
—
—
—
—
85.32
157.50
—
600.00
—
757.50
654.61
2,525.66
—
—
—
2,525.66
2,853.71
338.20
—
—
—
338.20
608.44
9.40
—
—
—
9.40
46.70
58.25
—
—
—
58.25
233.11
343.54
—
134.80
—
478.34
303.25
382.78
—
860.00
—
1,242.78
9,997.37
9.85
—
—
—
9.85
36.72
601.91
—
—
—
601.91
551.68
218.38
—
—
—
218.38
301.50
—
—
—
—
—
14.10
138.00
—
—
—
138.00
55.00
—
—
—
—
—
400.00
—
—
4,885.65
—
4,885.65
—
489.48
—
—
—
489.48
1,182.93
227.80
—
—
—
227.80
258.63
2,446.14
—
—
—
2,446.14
2,248.16
2,015.14
—
—
—
2,015.14
1,641.13
1,147.06
—
14,363.77
—
15,510.83
15,510.83
5,657.95
—
—
—
5,657.95
5,004.60
191.00
—
2,165.08
—
2,356.08
1,981.54
485.88
—
—
—
485.88
487.98
8,147.87
—
573.82
—
8,721.69
269.97
21,012.10
—
—
—
21,012.10
22,998.52
2,606.97
—
—
—
2,606.97
2,598.62
2,807.14
—
—
—
2,807.14
2,382.48
1,952.28
—
—
—
1,952.28
1,019.41
1,764.37
—
—
—
1,764.37
2,321.24
1,762.94
—
—
—
1,762.94
2,016.71
638.90
—
—
—
638.90
527.87
3,083.67
—
—
—
3,083.67
2,961.15
1,246.96
—
—
—
1,246.96
8,118.68
553.99
—
—
—
553.99
2,351.11
5,720.20
—
—
—
5,720.20
5,681.68
640.69
—
—
—
640.69
132.27
1,360.70
—
2,452.80
—
3,813.50
669.84
1,755.17
—
96.46
—
1,851.63
1,298.95
—
—
—
—
—
4,276.56
—
—
786.00
—
786.00
3,913.24
—
—
—
—
—
—
299,140.46
10,163.08
68,766.00
—
378,069.54
359,319.10

Support costs

upport costs
9900010 - Mortgage Interest
Total		 6,847.49
—
—
—
6,847.49
7,119.17
6,847.49
—
—
—
6,847.49
7,119.17

Page 27

Church management and administration
2500015 - Office Electricity
678.25
—
—
—
678.25
1,013.42
2500020 - Admin phone post int
1,018.52
—
—
—
1,018.52
852.13
2500025 - Bank Charges
1,056.49
25.00
60.00
—
1,141.49
874.93
2500030 - Admin office supplies
536.68
—
—
—
536.68
795.80
2500035 - Photocopying
1,363.57
—
—
—
1,363.57
1,324.39
2500040 - Admin Office Equipment
205.38
469.00
—
—
674.38
706.36
2600045 - Professional Fees
990.00
—
—
—
990.00
2,221.92
Total
5,848.89
494.00
60.00
—
6,402.89
7,788.95		 Church management and administration
2500015 - Office Electricity
678.25
—
—
—
678.25
1,013.42
2500020 - Admin phone post int
1,018.52
—
—
—
1,018.52
852.13
2500025 - Bank Charges
1,056.49
25.00
60.00
—
1,141.49
874.93
2500030 - Admin office supplies
536.68
—
—
—
536.68
795.80
2500035 - Photocopying
1,363.57
—
—
—
1,363.57
1,324.39
2500040 - Admin Office Equipment
205.38
469.00
—
—
674.38
706.36
2600045 - Professional Fees
990.00
—
—
—
990.00
2,221.92
Total
5,848.89
494.00
60.00
—
6,402.89
7,788.95
5,848.89
494.00
60.00
—
6,402.89
7,788.95
EXPENDITURE TOTAL 312,322.84
44,886.08
80,168.29
—
437,377.21
425,356.88
GRAND TOTAL 23,624.00
(27,124.20)
(20,397.37)
—
(23,897.57)
(8,127.75)

6. Staff Costs and Related Parties

aff Costs and Related Parties
2024 2023
Assistant Staff Wages & Salaries 87,754 65,872
Administration Wages & Salaries 47,846 51,591

During the year the PCC employed an Associate Vicar, two Children & Families Workers, a Youth Worker, a Worship Leader, an Operations Manager and a Church Administrator, none of whom earned £40,000 per annum or more. The average number of employees during the year was 7.

The clergy and pastoral staff (Vicar, Associate Vicar, Curate, Children & Families Workers, Youth Worker and Worship Leader) were reimbursed for travelling expenses of £939 and £3,080 for other expenses. Apart from the above, no other PCC member received any reimbursement of expenses or remuneration.

As is typical of the average PCC, substantial amounts of voluntary help have been received in all areas of its activities. No attempt has been made to place a value on these contributions in these accounts.

Donations received from the trustees, key management personnel and their close relatives were £59,270.

7. Pension Costs

As reported last year both the Church of England Funded Pensions Scheme (CEFPS) (Clergy & Associate Vicar scheme) and the Church Workers Pension Fund (CWPF) – Pension Builder 2014 Section (PB14) were in surplus as of 31[st] December 2022.

The most recent communications from the Church of England Pensions Board report that both schemes were still in surplus at the end of 2023. A full actuarial report for 1[st] Dec 2024 will not be available until the middle of 2024.

Page 28

8. Fixed Assets for Use by the PCC

Tangible Fixed Assets
GROSS BOOK VALUE
At 1stJanuary 2024
Additions
At 31stDecember 2024
DEPRECIATION
At 1stJanuary 2024
Charge for the year
At 31stDecember 2024
NET BOOK VALUE
At 31stDecember 2024
At 31stDecember 2023		 £
£
559,721
15,062
0
0
559,721
15,062
Freehold
land and
buildings
Equipment		 £
£
559,721
15,062
0
0
559,721
15,062
Freehold
land and
buildings
Equipment
Total
£
574,783
0
15,062 574,783

169,722
14,958
184,680
12,186
553		 181,908
15,511
12,739
197,419


2,323
£377,364

£389,999

£2,876
£392,875

The freehold land and buildings are valued at cost and comprise the Church Centre (1997) and the Old School House (2015), both located at Church Lane, Witney. This cost is being written off over 50 years.

The Church Centre kitchen and toilets were refurbished in 2017. This refurbishment rebuilt/replaced items in the “Church Centre Building 1997” asset which are being depreciated over 50 years. As these items have been replaced after 20 years the value of the new assets (Church Centre Refurbishment 2017) are being depreciated over 20 years.

Other items to be depreciated are: Church Centre flooring which has a 20 year guarantee so is being written off over 20 years, two office computers to be written off over 5 years and a ride on lawn mower also to be written off over 5 years.

Investment Assets
CBF Church of England Investment Fund:
1729 (2023: 1729) shares		 2024
£
£39,979		 2023
£
£ 39,084

The historical cost of the shares at 31st December 2024 was £1,463 (2023: £1,463).

Page 29

9. Debtors

btors
Gift Aid recoverable
Prepayments
Other debtors
iabilities: Amounts falling due within one year
Agency Collections
Other creditors
CAF Bank Mortgage capital due within one year		 2024
£
11,345
6,561
3,033
£20,939
2024
£
3,389
6,466
11,701
£21,556		 2023
£
10,348
8,540
5,000
£23,888
2023
£
1,787
12,047
11,292
£25,126		 2023
£
1,787
12,047
11,292

10. Liabilities: Amounts falling due within one year

11. Liabilities: Amounts falling due after more than one year

CAF Bank Mortgage capital due after more than one year 2024
£
66,851
£66,851		 2023
£
77,170
£77,170		 2023
£
77,170

12. Charitable Commitments

The PCC is committed to support:

Page 30