The Parochial Church Council of the Ecclesiastical Parish of St Mary with Holy Trinity Ulverston
Financial Statements
31 December 2024
Charity Number: 1129826
PCC St Mary with Holy Trinity Ulverston Financial Statements for the year ended 31 December 2024
Contents
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1 Independent Examiner's Report
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2 Statement of Financial Activities
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3 Balance Sheet
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4-16 Notes to the Accounts
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17 Quinquennial Inspection
Independent Examiner's Report to the Trustees of the PCC St Mary with Holy Trinity Ulverston for the year ended 31 December 2024
I report on the accounts for the year ended 31st December 2024 which are set out on pages 2 to 16.
Respective Responsibilities of Trustees and Examiner
The charity's trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed.
It is my responsibility to:
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examine the accounts under section 145 of the Charities Act,
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to follow the procedures laid down in the general Directions given by the Charity Commission under section 145(5)(b) of the Charities Act, and
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to state whether particular matters have come to my attention.
Basis of Independent Examiner’s Report
My examination was carried out in accordance with general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair’ view and the report is limited to those matters set out in the statement below.
Independent Examiner’s Statement
In connection with my examination, no matter has come to my attention which gives me cause to believe that in any material respect:
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accounting records were not kept in accordance with section 130 of the Charities Act; or
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the accounts do not accord with the accounting records
I have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached.
………………………………………………………………………………….
Ian Thompson (ICAEW) Saint & Co Chartered Accountants The Old Police Station Church Street, Ambleside Cumbria LA22 0BT
Date: ………………………………………….
1
PCC St Mary with Holy Trinity Ulverston Statement of Financial Activities for the year ended 31 December 2024
| Notes Income Voluntary income 9a Church activities 9b Activities for generating funds 9c Investment income 9d Other income 9e Total income Expenditure Missionary and charitable giving 10a Church activities 10b Cost of generating funds 10c Costs of investment income 10d Total expenditure Net income / (expenditure) before investment gains & losses Gains / (Losses) on investments 8 Net income / (expenditure) Transfers between funds 8 Net movement in funds Total funds brought forward 8 Total funds carried forward 8 |
Linked Charity Unrestricted Unrestricted Restricted Total Total Funds Funds Funds Funds Funds 2024 2024 2024 2024 2023 £ £ £ £ £ - 201,823 42,912 244,735 204,535 - 7,999 3,486 11,485 11,351 - 1,159 6,014 7,173 4,927 - 6,575 1,114 7,689 11,986 413,405 - - 413,405 - |
|---|---|
| 413,405 217,556 53,526 684,487 232,799 |
|
| - 17,330 6,045 23,375 24,405 - 159,265 60,700 219,965 222,417 - 14,986 674 15,660 12,800 - - - - - |
|
| - 191,581 67,419 259,000 259,622 |
|
| 413,405 25,975 (13,893) 425,487 (26,823) - 8,812 - 8,812 5,618 |
|
| 413,405 34,787 (13,893) 434,299 (21,205) - - - - - |
|
| 413,405 34,787 (13,893) 434,299 (21,205) - 333,047 149,374 482,421 503,626 |
|
| 413,405 367,834 135,481 916,720 482,421 |
The notes on pages 4 to 16 form an integral part of these accounts.
2
PCC St Mary with Holy Trinity Ulverston Balance Sheet as at 31 December 2024
| Linked Charity Unrestricted Unrestricted Restricted Total Total Funds Funds Funds Funds Funds Notes 2024 2024 2024 2024 2023 £ £ £ £ £ Fixed assets Tangible assets 4 413,405 30,442 - 443,847 33,539 Investments 5 - 270,526 - 270,526 261,714 Total fixed assets 413,405 300,968 - 714,373 295,253 Current assets Debtors 6 - 8,974 699 9,673 8,776 Cash at bank and in hand - 62,968 134,941 197,909 185,869 Total current assets - 71,942 135,640 207,582 194,645 Creditors Amounts due within one year 7 - (5,076) (159) (5,235) (7,477) Net current assets - 66,866 135,481 202,347 187,168 Total net assets 413,405 367,834 135,481 916,720 482,421 Represented by funds of the charity: 2024 2023 £ £ Unrestricted funds Designated funds 8 332,631 317,373 Unrestricted general funds 8 35,203 15,674 Total unrestricted funds 367,834 333,047 Restricted funds 8 135,481 149,374 Unrestricted linked charity funds 8 413,405 - Total funds 916,720 482,421 |
Linked Charity Unrestricted Unrestricted Restricted Total Total Funds Funds Funds Funds Funds Notes 2024 2024 2024 2024 2023 £ £ £ £ £ Fixed assets Tangible assets 4 413,405 30,442 - 443,847 33,539 Investments 5 - 270,526 - 270,526 261,714 Total fixed assets 413,405 300,968 - 714,373 295,253 Current assets Debtors 6 - 8,974 699 9,673 8,776 Cash at bank and in hand - 62,968 134,941 197,909 185,869 Total current assets - 71,942 135,640 207,582 194,645 Creditors Amounts due within one year 7 - (5,076) (159) (5,235) (7,477) Net current assets - 66,866 135,481 202,347 187,168 Total net assets 413,405 367,834 135,481 916,720 482,421 Represented by funds of the charity: 2024 2023 £ £ Unrestricted funds Designated funds 8 332,631 317,373 Unrestricted general funds 8 35,203 15,674 Total unrestricted funds 367,834 333,047 Restricted funds 8 135,481 149,374 Unrestricted linked charity funds 8 413,405 - Total funds 916,720 482,421 |
Linked Charity Unrestricted Unrestricted Restricted Total Total Funds Funds Funds Funds Funds Notes 2024 2024 2024 2024 2023 £ £ £ £ £ Fixed assets Tangible assets 4 413,405 30,442 - 443,847 33,539 Investments 5 - 270,526 - 270,526 261,714 Total fixed assets 413,405 300,968 - 714,373 295,253 Current assets Debtors 6 - 8,974 699 9,673 8,776 Cash at bank and in hand - 62,968 134,941 197,909 185,869 Total current assets - 71,942 135,640 207,582 194,645 Creditors Amounts due within one year 7 - (5,076) (159) (5,235) (7,477) Net current assets - 66,866 135,481 202,347 187,168 Total net assets 413,405 367,834 135,481 916,720 482,421 Represented by funds of the charity: 2024 2023 £ £ Unrestricted funds Designated funds 8 332,631 317,373 Unrestricted general funds 8 35,203 15,674 Total unrestricted funds 367,834 333,047 Restricted funds 8 135,481 149,374 Unrestricted linked charity funds 8 413,405 - Total funds 916,720 482,421 |
|---|---|---|
| 413,405 300,968 - 714,373 295,253 |
||
| - 8,974 699 9,673 8,776 - 62,968 134,941 197,909 185,869 |
||
| - 71,942 135,640 207,582 194,645 - (5,076) (159) (5,235) (7,477) |
||
| - 66,866 135,481 |
202,347 187,168 |
|
| 413,405 367,834 135,481 |
916,720 482,421 |
|
| 2024 2023 £ £ 332,631 317,373 35,203 15,674 |
||
| 367,834 333,047 135,481 149,374 413,405 - |
||
| 916,720 482,421 |
Approved by the Parochial Church Council and signed on its behalf by:
…………………………………………………………… Helen Huck (Churchwarden)
…………………………………………………………… John McKenzie (Churchwarden)
…………………………………………………………… Date
The notes on pages 4 to 16 form an integral part of these accounts.
3
PCC St Mary with Holy Trinity Ulverston Notes to the Accounts for the year ended 31 December 2024
1 Accounting policies
Basis of preparation
The PCC is a public benefit entity within the meaning of FRS 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland. The financial statements have been prepared under the Charities Act 2011 and in accordance with the Church Accounting Regulations 2006, together with FRS102 (2016) as the applicable accounting standards and the 2016 version of the Statementof Recommended Practice, Accounting and Reporting by Charities (Charities SORP(FRS102)).
The financial statements are prepared in sterling, which is the functional currency of the entity.
The financial statements have been prepared under the historical cost convention except for the valuation of investment assets, which are shown at fair value.
Going concern
There are no material uncertainties about the charity's ability to continue.
Incoming Resources
All income is included in the statement of financial activities when entitlement has passed to the charity, it is probable that the economic benefits associated with the transaction will flow to the charity and the amount can be reliably measured. The following specific policies are applied to particular categories of income:
Voluntary income
Collections are recognised when received by or on behalf of the PCC. Planned giving receivable under Gift Aid is recognised only when received.
Tax recoverable on Gift Aid donations is recognised when the donation 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.
Activities for raising funds
Letting of parish centre is recognised when due.
Funds raised by the coffee morning and similar events are accounted for gross.
Income from investments
Dividends are accounted for when due and payable and interest entitlements are accounted for as they accrue. Tax recoverable on such income is recognised in the same accounting year.
Expenditure and liabilities
Recognition of liabilities
Liabilities are recognised as soon as there is a legal or constructive obligation and settlement is probable and quantifiable.
Activities directly relating to the work of the church
The diocesan parish offering is accounted for when due; any parish offering unpaid at 31 December is provided for in these financial statements as an operational (though not a legal) liability and is shown as a creditor in the balance sheet.
Grants and donations
Grants and donations are accounted for when paid over, or when awarded, if that award creates a binding obligation on the PCC.
4
PCC St Mary with Holy Trinity Ulverston Notes to the Accounts
for the year ended 31 December 2024
1 Accounting policies (continued)
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 31 December.
Consecrated property and movable church furnishings
Consecrated and beneficed property of any kind is excluded from the financial statements s10(2)(c) of the Charities Act 2011.
Movable church furnishings held by the rector and church wardens on special trust for the PCC and which require a faculty for disposal are accounted for as an inalienable property unless consecrated. They are listed in the church's inventory which can be inspected at any reasonable time. For inalienable property acquired prior to 2000 there is insufficient cost information available and therefore such assets are not valued in the financial statements.
Items acquired since 1 January 2000 have been capitalised and depreciated in the financial statements over the currently anticipated useful economic life.
All the expenditure incurred in the year on consecrated or beneficed buildings, individual items under £2,000, or on the repair of movable church furnishings acquired before 1 January 2000 is written off.
Investments held by the charity
Investments are valued at 31 December.
Fixed assets and depreciation
Equipment used within the church premises is depreciated on a straight line basis over five years. Individual items of equipment with a purchase price of £2,000 or less are written off when the asset is acquired. Depreciation is set at 2% on non-consecrated buildings. It is the policy of the PCC to keep these buildings in their current state of repair.
The property held by the linked charity Ulverston Parish Centre is not depreciated.
Funds
General funds represent the funds of the PCC that are not subject to any restriction 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.
Restricted funds are those funds that must be spent on restricted purposes and details of the funds are provided in their own note. Endowment funds, where capital must be retained, are explained in their own note.
The unrestricted linked charity fund represents the unrestricted funds of the linked charity Ulverston Parish Centre .
The financial statements include all transactions, assets and liabilities for which the PCC is responsible in law. They do not include the financial statements of church groups that owe their main affiliation to another body, nor those that are informal gatherings of church members.
Key sources of estimate uncertainty
The only estimate that is made that could have a material effect on the carrying amounts of assets and liabilities is depreciation on fixed assets. The depreciation policy is set out above and the carrying amounts are set out in the tangible fixed assets note to the accounts.
2 Related party transactions
Travel, subsistence and adminstration expenses amounting to a total of £335 were paid to three trustees for costs incurred while carrying out their ministerial duties (2023: £1,601 to three trustees).
5
PCC St Mary with Holy Trinity Ulverston Notes to the Accounts for the year ended 31 December 2024
| 3 Staff costs Employed by the PCC: Salaries and wages Social security costs Pension costs (defined contribution scheme) The average number of persons employed by the PCC during the year was 2 (2023: 2). The following amounts were paid in respect of Diocese employees: Deanery Youth Minister (paid as part of Parish Offering) Deanery Children & Families Minister (paid as part of Parish Offering) |
2024 2023 £ £ 17,537 15,620 421 - 199 161 |
|---|---|
| 18,157 15,781 |
|
| - - - - |
|
| - - |
| 4 Tangible fixed assets Cost / Valuation At 1 January 2024 Additions Disposals At 31 December 2024 Depreciation At 1 January 2024 Eliminated on disposals Charge for the year At 31 December 2024 Net book value At 31 December 2024 At 31 December 2023 |
Linked Charity Freehold Freehold Plant Land and Land and and Buildings Buildings Equipment Total £ £ £ £ - 56,972 15,487 72,459 413,405 - - 413,405 - - - - |
|---|---|
| 413,405 56,972 15,487 485,864 |
|
| - 27,349 11,571 38,920 - - - - - 1,139 1,958 3,097 |
|
| - 28,488 13,529 42,017 |
|
| 413,405 28,484 1,958 443,847 |
|
| - 29,623 3,916 33,539 |
The linked charity freehold land and property represents the Parish Centre building held by the Ulverston Parish Centre charity (1129826-1). The charity is linked to The Parochial Church of the Ecclesiastical Parish of St Mary with Holy Trinity Ulverston as at 16 August 2024.
As such the asset has been introduced into the combined financial statements of the entity in line with the Charities SORP.
The linked charities have agreed that The Parochial Church of the Ecclesiastical Parish of St Mary with Holy Trinity Ulverston operate and maintain the property on behalf of Ulverston Parish Centre for no rent.
6
PCC St Mary with Holy Trinity Ulverston Notes to the Accounts for the year ended 31 December 2024
| 5 6 **7 ** |
Fixed asset investments Unrestricted Funds Designated to Youth Eden Tree Investment Fund for Charities (Cost 2011: £200,021) Valuation At 1 January 2024 Additions Disposals Fair value movements - gains / (losses) At 31 December 2024 Debtors Gift Aid Tax Recoverable Grants receivable Prepayments PAYE & NI Other Debtors Creditors: amounts falling due within one year Other Creditors Accrued Expenses |
Market Market Value Value 2024 2023 £ £ 261,714 256,096 - - - - 8,812 5,618 |
|---|---|---|
| 270,526 261,714 |
||
| 2024 2023 £ £ 8,655 7,709 - - 1,018 1,067 - - - - |
||
| 9,673 8,776 |
||
| 2024 2023 £ £ 475 2,951 4,760 4,526 |
||
| 5,235 7,477 |
7
PCC St Mary with Holy Trinity Ulverston Notes to the Accounts
for the year ended 31 December 2024
| 8 Funds(current year) Linked Charity Designated Freehold Land & Buildings Unrestricted Funds Designated Freehold Land & Buildings Designated Plant & Equipment Designated Building Project Designated Youth Reserves: Eden Tree Investment Children & Youth General Restricted Funds Property St Johns Church - restoration St Marys Parish Roof Fund General Building Works St Marys Parish Church Parish Office Parish Centre Restoration Mission Finance Children & Youth Worship Discipleship & Nurture Mission & Outreach |
Brought Carried forward Gains & forward 1 Jan 2024 Income Expenditure (Losses) Transfers 31 Dec 2024 £ £ £ £ £ £ - 413,405 - - - 413,405 |
|---|---|
| - 413,405 - - - 413,405 |
|
| 29,623 - (1,139) - - 28,484 3,916 - (1,958) - - 1,958 - - - - - - 261,714 6,575 - 8,812 (6,575) 270,526 22,120 2,968 - - 6,575 31,663 |
|
| 317,373 9,543 (3,097) 8,812 - 332,631 15,674 208,013 (188,484) - - 35,203 |
|
| 333,047 217,556 (191,581) 8,812 - 367,834 |
|
| 28,896 19,103 (28,029) - - 19,970 73,239 1,306 - - - 74,545 750 888 - - - 1,638 19,420 7,905 (22,324) - - 5,001 - - - - - - - - - - - - - 3,412 (648) - - 2,764 |
|
| 122,305 32,614 (51,001) - - 103,918 - 8,268 (6,045) - - 2,223 26,786 10,440 (8,067) - - 29,159 - - - - - - 283 1,482 (1,584) - - 181 - 723 (723) - - - |
|
| 149,374 53,527 (67,420) - - 135,481 |
|
| 482,421 271,083 (259,001) 8,812 - 916,720 |
8
PCC St Mary with Holy Trinity Ulverston Notes to the Accounts
for the year ended 31 December 2024
| 8 Funds(previous year) Linked Charity Designated Freehold Land & Buildings Unrestricted Funds Designated Freehold Land & Buildings Designated Plant & Equipment Designated Building Project Designated Youth Reserves: Eden Tree Investment Children & Youth General Restricted Funds Property St Johns Church - restoration St Marys Parish Roof Fund General Building Works St Marys Parish Church Parish Office Parish Centre Restoration Mission Finance Children & Youth Worship Discipleship & Nurture Mission & Outreach |
Brought Carried forward Gains & forward 1 Jan 2023 Income Expenditure (Losses) Transfers 31 Dec 2023 £ £ £ £ £ £ - - - - - - |
|---|---|
| - - - - - - |
|
| 30,762 - (1,139) - - 29,623 5,874 - (1,958) - - 3,916 - - - - - - 256,096 10,981 - 5,618 (10,981) 261,714 18,525 3,595 - - - 22,120 |
|
| 311,257 14,576 (3,097) 5,618 (10,981) 317,373 13,117 187,903 (221,816) - 36,470 15,674 |
|
| 324,374 202,479 (224,913) 5,618 25,489 333,047 |
|
| 27,826 5,208 (4,138) - - 28,896 92,554 1,183 - - (20,498) 73,239 - 750 - - - 750 15,624 3,796 - - - 19,420 - - - - - - - - - - - - - 2,712 (9,631) - 6,919 - |
|
| 136,004 13,649 (13,769) - (13,579) 122,305 - 8,142 (8,142) - - - 42,892 7,922 (12,118) - (11,910) 26,786 - 55 (55) - - - 356 509 (582) - - 283 - 43 (43) - - - |
|
| 179,252 30,320 (34,709) - (25,489) 149,374 |
|
| 503,626 232,799 (259,622) 5,618 - 482,421 |
9
PCC St Mary with Holy Trinity Ulverston Notes to the Accounts
for the year ended 31 December 2024
| Notes 9 Income 9a Voluntary income Planned Giving - Gift Aided Planned Giving - Non Gift Aided Ordinary Cash Collections Wedding & Funeral Charitable Collections Wedding & Funeral St John's Restoration Appeal Special Collections St Mary's Restoration Appeal Donations St John's Restoration Appeal Donations Children & Youth Appeals & Donations Sundry Donations Grants Legacies Gift Aid Tax Recovered 9b Church activities PCC Fees Discipleship & Nurture including Parish Fellowship Youth Church Junior Church Toddler Group Mission & Outreach including Coffee & Chat 9c Activities for generating funds Parish Centre lettings Fundraising Activities - Restoration Mission Fundraising Activities - St John's Fundraising Activities - other Sale of equipment 9d Investment income Dividends and Interest 9e Other income Introduction of linked charity property Total income |
Linked Charity Unrestricted Unrestricted Restricted Total Funds Funds Funds Funds 2024 2024 2024 2024 £ £ £ £ - 130,581 6,045 136,626 - 21,718 - 21,718 - 7,437 - 7,437 - 481 4,358 4,839 - 121 - 121 - - 3,243 3,243 - - 4,720 4,720 - - 13,079 13,079 - - 3,000 3,000 - 7,298 1,204 8,502 - 484 5,000 5,484 - - - - - 33,703 2,263 35,966 |
|---|---|
| - 201,823 42,912 244,735 |
|
| - 3,795 - 3,795 - 95 716 811 - 168 2,663 2,831 - - 107 107 - 2,801 - 2,801 - 1,140 - 1,140 |
|
| - 7,999 3,486 11,485 |
|
| - - - - - - 716 716 - - 4,532 4,532 - 1,159 766 1,925 - - - - |
|
| - 1,159 6,014 7,173 |
|
| - 6,575 1,114 7,689 |
|
| 413,405 - - 413,405 |
|
| 413,405 217,556 53,526 684,487 |
The £413,405 included within other income is the Parish Centre building held by the Ulverston Parish Centre charity (1129826-1). The charity is linked to The Parochial Church of the Ecclesiastical Parish of St Mary with Holy Trinity Ulverston as at 16 August 2024.
As such the asset has been introduced into the combined financial statements of the entity in line with the Charities SORP.
10
PCC St Mary with Holy Trinity Ulverston Notes to the Accounts
for the year ended 31 December 2024
| Notes 9 Income (previous year ) 9a Voluntary income Planned Giving - Gift Aided Planned Giving - Non Gift Aided Ordinary Cash Collections Wedding & Funeral Charitable Collections Wedding & Funeral St John's Restoration Appeal Special Collections St Mary's Restoration Appeal Donations St John's Restoration Appeal Donations Children & Youth Appeals & Donations Sundry Donations Grants Legacies Gift Aid Tax Recovered 9b Church activities PCC Fees Discipleship & Nurture including Parish Fellowship Youth Church Junior Church Toddler Group Mission & Outreach including Coffee & Chat 9c Activities for generating funds Parish Centre lettings Fundraising Activities - Restoration Mission Fundraising Activities - St John's Fundraising Activities - other 9d Investment income Dividends and Interest 9e Other income Introduction of linked charity property Total income |
Linked Charity Unrestricted Unrestricted Restricted Total Funds Funds Funds Funds 2023 2023 2023 2023 £ £ £ £ - 110,949 5,732 116,681 - 17,766 20 17,786 - 11,909 - 11,909 - 750 4,574 5,324 - - - - - - 3,511 3,511 - - 6,234 6,234 - - 2,646 2,646 - - 2,500 2,500 - 4,561 - 4,561 - 2,912 (471) 2,441 - - - - - 28,815 2,127 30,942 |
|---|---|
| - 177,662 26,873 204,535 |
|
| - 5,096 - 5,096 - 429 509 938 - - 1,150 1,150 - 1,173 - 1,173 - 2,422 - 2,422 - 529 43 572 |
|
| - 9,649 1,702 11,351 |
|
| - 3,131 - 3,131 - - 220 220 - - 471 471 - 1,050 55 1,105 - - - - |
|
| - 4,181 746 4,927 |
|
| - 10,987 999 11,986 |
|
| - - - - |
|
| - 202,479 30,320 232,799 |
11
PCC St Mary with Holy Trinity Ulverston Notes to the Accounts
for the year ended 31 December 2024
| Unrestricted | Restricted | Total | |||
|---|---|---|---|---|---|
| Funds | Funds | Funds | |||
| Notes | 2024 | 2024 | 2024 | ||
| 10 | Expenditure (current year ) | £ | £ | £ | |
| **10a ** | Missionary and charitable giving | ||||
| Home Mission and Secular | 12a | 5,852 | - | 5,852 | |
| Overseas Mission and Relief | 12b | 11,478 | - | 11,478 | |
| Total from PCC's own funds | 12 | 17,330 | - | 17,330 | |
| Special Collections | 13 | - | 1,686 | 1,686 | |
| Wedding and Funeral Collections | 14 | - | 4,359 | 4,359 | |
| 17,330 | 6,045 | 23,375 | |||
| **10b ** | Church activities | ||||
| Ministry: Parish Offering | see footnote | 94,639 | - | 94,639 | |
| Ministry: Working Expenses | 960 | - | 960 | ||
| Church Buildings: Heat, Light and Water | 2,887 | 19,882 | 22,769 | ||
| Church Buildings: Insurance | 9,863 | - | 9,863 | ||
| Church Repairs and Equipment | 2,885 | 30,347 | 33,232 | ||
| Restoration Mission costs | - | 99 | 99 | ||
| Parish House Running costs | - | - | - | ||
| Churchyards | 1,188 | - | 1,188 | ||
| Deanery | 500 | - | 500 | ||
| Youth & Junior Church | - | 7,261 | 7,261 | ||
| Mother & Toddler Group and Holiday Club | - | 805 | 805 | ||
| Worship, Organist, Choir | 6,712 | - | 6,712 | ||
| Discipleship and Nurture - CAP Debt Centre | - | - | - | ||
| Discipleship and Nurture including Parish Fellowship | 1,461 | 1,583 | 3,044 | ||
| Mission and Outreach including Coffee & Chat | 840 | 723 | 1,563 | ||
| Miscellaneous | 655 | - | 655 | ||
| Depreciation of Assets for Charitable Purposes | 3,097 | - | 3,097 | ||
| Governance & administration | 11 | 33,578 | - | 33,578 | |
| 159,265 | 60,700 | 219,965 | |||
| **10c ** | Costs of generating funds | ||||
| Parish centre running costs | 14,986 | 125 | 15,111 | ||
| Parish centre windows | - | - | - | ||
| Fundraising - Restoration Mission | - | 549 | 549 | ||
| Fundraising and trading costs of goods sold | - | - | - | ||
| 14,986 | 674 | 15,660 | |||
| **10d ** | Costs of investment income | - | - | - | |
| Total expenditure | 191,581 | 67,419 | 259,000 |
Ministry: Parish Offering
For the year ended 31 December 2024 £6,575 was made from the Eden Tree Investment dividend income which was contributed towards costs included within the Parish Offering that related to Children and Youth activities.
12
PCC St Mary with Holy Trinity Ulverston Notes to the Accounts
for the year ended 31 December 2024
| Unrestricted | Restricted | Restricted | Total | |||
|---|---|---|---|---|---|---|
| Funds | Funds | Funds | ||||
| Notes | 2023 | 2023 | 2023 | |||
| 10 | Expenditure (prior year ) | £ | £ | £ | ||
| **10a ** | Missionary and charitable giving | |||||
| Home Mission and Secular | 12a | 5,076 | - | 5,076 | ||
| Overseas Mission and Relief | 12b | 11,187 | - | 11,187 | ||
| Total from PCC's own funds | 12 | 16,263 | - | 16,263 | ||
| Special Collections | 13 | - | 3,568 | 3,568 | ||
| Wedding and Funeral Collections | 14 | - | 4,574 | 4,574 | ||
| 16,263 | 8,142 | 24,405 | ||||
| **10b ** | Church activities | |||||
| Ministry: Parish Offering | see footnote | 107,500 | - | 107,500 | ||
| Ministry: Working Expenses | 335 | - | 335 | |||
| Church Buildings: Heat, Light and Water | 26,911 | - | 26,911 | |||
| Church Buildings: Insurance | 9,470 | - | 9,470 | |||
| Church Repairs and Equipment | 3,992 | 4,137 | 8,129 | |||
| Restoration Mission costs | - | 8,942 | 8,942 | |||
| Parish House Running costs | - | - | - | |||
| Churchyards | 438 | - | 438 | |||
| Deanery | 498 | - | 498 | |||
| Youth & Junior Church | - | 9,855 | 9,855 | |||
| Mother & Toddler Group and Holiday Club | - | 2,263 | 2,263 | |||
| Worship, Organist, Choir | 8,447 | 55 | 8,502 | |||
| Discipleship and Nurture - CAP Debt Centre | 1,650 | - | 1,650 | |||
| Discipleship and Nurture including Parish Fellowship | 2,485 | 583 | 3,068 | |||
| Mission and Outreach including Coffee & Chat | 1,940 | 43 | 1,983 | |||
| Miscellaneous | 383 | - | 383 | |||
| Depreciation of Assets for Charitable Purposes | 3,097 | - | 3,097 | |||
| Governance & administration | 11 | 29,393 | - | 29,393 | ||
| 196,539 | 25,878 | 222,417 | ||||
| **10c ** | Costs of generating funds | |||||
| Parish centre running costs | 12,111 | - | 12,111 | |||
| Parish centre windows | - | - | - | |||
| Fundraising - Restoration Mission | - | 689 | 689 | |||
| Fundraising and trading costs of goods sold | - | - | - | |||
| 12,111 | 689 | 12,800 | ||||
| **10d ** | Costs of investment income | - | - | - | ||
| Total expenditure | 224,913 | 34,709 | 259,622 |
Ministry: Parish Offering
For the year ended 31 December 2023 a transfer of £10,981 was made from the Eden Tree Investment dividend income to the general fund as a contribution towards costs included within the Parish Offering that related to Children and Youth activities.
13
PCC St Mary with Holy Trinity Ulverston Notes to the Accounts for the year ended 31 December 2024
| 11 Governance & administration costs (current year ) Legal and professional fees Independent Examiner's fees Accountancy, Payroll & Other services Total fees payable to the Independent Examiner Quinquennial Report fees Other legal and professional fees Premises costs Office overheads and repairs Management and administration costs Salaries & NI - Administrative Staff General Administration expenses Total governance and administration costs Governance & administration costs (previous year ) Legal and professional fees Independent Examiner's fees Accountancy, Payroll & Other services Total fees payable to the Independent Examiner Quinquennial Report fees Other legal and professional fees Premises costs Office overheads and repairs Management and administration costs Salaries & NI - Administrative Staff General Administration expenses Total governance and administration costs |
Unrestricted Restricted Total Funds Funds Funds 2024 2024 2024 £ £ £ 1,600 - 1,600 3,654 - 3,654 |
|---|---|
| 5,254 - 5,254 - - - 1,860 - 1,860 |
|
| 7,114 - 7,114 |
|
| 5,345 - 5,345 |
|
| 5,345 - 5,345 |
|
| 13,490 - 13,490 7,629 - 7,629 |
|
| 21,119 - 21,119 |
|
| 33,578 - 33,578 |
|
| Unrestricted Restricted Total Funds Funds Funds 2023 2023 2023 £ £ £ 1,450 - 1,450 3,326 - 3,326 |
|
| 4,776 - 4,776 - - - 1,195 - 1,195 |
|
| 5,971 - 5,971 |
|
| 1,843 - 1,843 |
|
| 1,843 - 1,843 |
|
| 11,764 - 11,764 9,815 - 9,815 |
|
| 21,579 - 21,579 |
|
| 29,393 - 29,393 |
14
PCC St Mary with Holy Trinity Ulverston Notes to the Accounts
for the year ended 31 December 2024
| 12 Charitable Giving from the PCC's own funds 12a Home Mission and Secular Alpha course Church Walk School C.P.A.S. Hannah Wallace - support for ministry training Mark & Sarah Callaghan "Jesters for Jesus" Scripture Union St Mary's Hospice The Church Army Charlie Day - support ReCourse Other 12b Overseas Mission and Relief Barnabas Fund Bethesda Burundi Church Missionary Society Jigsaw Kids Ministries Miss B Barker Open Doors Tear Fund James Tyson Stephen and Katie Pointing Lessgiving from restricted funds Total Charitable Giving from PCC's own funds |
2024 2023 £ £ 360 - 1,128 876 1,056 816 - - - 888 924 696 504 360 776 576 540 864 360 - 204 - |
|---|---|
| 5,852 5,076 |
|
| 2024 2023 £ £ 816 588 1,152 924 3,240 2,604 1,860 1,515 690 2,760 648 504 1,152 924 960 504 960 864 |
|
| 11,478 11,187 |
|
| - - |
|
| 17,330 16,263 |
15
PCC St Mary with Holy Trinity Ulverston Notes to the Accounts
for the year ended 31 December 2024
| Charitable Giving from Special Collections Bishops Harvest Appeal Carlisle Diocesan Carlisle Diocesan Growth Fund - Madi's Institution Christingle Service Collection - Children's Society Christmas Appeal - Mind Jigsaw Shelter Shelter Box Royal British Legion Poppy Appeal Princes Trust Coronation Day World Vision Other From incoming resources: Special Collections Gift Aid Tax Recovered Charitable Giving from Wedding and Funeral Collections Barnardos British Heart Foundation Ulverston Rotary Club Stroke Association Christian Aid St Mary's Hospice Bay Hospital Charity The Fire Fighters Charity Lookin Good, Feelin Great Abbeyfield Ulverston Other From incoming resources: Wedding and funeral collections Gift Aid Tax Recovered |
2024 2023 £ £ 430 513 - - - 561 - - 218 - - 609 - 609 820 846 - 62 - - 218 368 |
|---|---|
| 1,686 3,568 |
|
| 1,686 3,501 - 67 |
|
| 1,686 3,568 |
|
| 2024 2023 £ £ - 55 - 372 599 - 409 - 306 - 2,190 1,140 - 410 - 1,385 - 771 306 - 549 441 |
|
| 4,359 4,574 |
|
| 4,359 4,574 - - |
|
| 4,359 4,574 |
13 Charitable Giving from Special Collections
14 Charitable Giving from Wedding and Funeral Collections
16
PCC St Mary with Holy Trinity Ulverston Notes re Quinquennial Inspections for the year ended 31 December 2024
| Budget Costs | |
|---|---|
| £ | |
| The quinquennial inspection of the Parish Church was held in May 2022 | |
| Works requiring urgent attention | |
| Remove all plant growth from the flat valley gutter. | 100 |
| Works recommended to be carried out within 12 months of report | |
| Replace all external rainwater goods including the vertical pipe through the ringing chamber. | 100,000 |
| Repairs to the tower masonry. | 300,000 |
| Repairs to the south aisle masonry. | 150,000 |
| Repairs to the south porch masonry. | 15,000 |
| Check stability of belfry louvres. | 2,000 |
| Re-plaster the walls in the ringing chamber. | 6,000 |
| Replace all internal wall finishes at the base of the tower. | 12,000 |
| Trial removal of hard cement pointing to the Norman archway in the south porch. | 500 |
| Re-dressing of stones to the west window of the south porch and local re-pointing, combined with external | 2,000 |
| repairs to gutter lining and masonry (to prevent concentrated water ingress). | |
| Check all fixings to wall tablets inside the church and allow for introducing additional brackets to some. | 4,000 |
| Rebuild the west boundary wall in two locations. | 4,000 |
| The quinquennial inspection of St John's Church was held in May 2022 | |
| Works requiring urgent attention | |
| Repair leaking gutter on north side of nave between windowsnIVandnV. | 100 |
| Repair the leaking cast-iron eaves gutter on the south side of the nave above windowsVII. | 300 |
| Repair leaking uPVC gutter on the east side of the chancel. | 100 |
| Works recommended to be carried out within 12 months of report | |
| Re-fix area of loose slates at the east verge of the nave north slope and investigate condition of underlying | |
| structure. Inspect the stability of the stone cross. Lift and re-bed ridge as necessary. | 800 |
| Structural engineer’s investigations and feasibility study for temporary shoring, buttressing and if | |
| necessary, rebuilding of the south elevation of the nave. NOTE No allowance made for the cost of the work | |
| which will be subject to the findings and advice of the structural engineer. | 1,500 |
17