Registered Charity No 1130239
(Part of the Ouzel Valley Team Ministry – Diocese of St Albans)
TRUSTEES ANNUAL REPORT
OF THE
LINSLADE PAROCHIAL CHURCH COUNCIL FOR THE YEAR ENDED
31 DECEMBER 2024
TEAM VICAR
The Reverend Dr Bernard Minton
The Vicarage Vicarage Road LINSLADE Beds. LU7 2LP
Linslade PCC Trustees Annual Report 2024
Page 1 of 7
1. AIM AND PURPOSES
St Barnabas Church - Linslade Parochial Church Council (PCC) as elected trustees have the responsibility of cooperating with the incumbent, The Reverend Dr Bernard Minton, in promoting in the ecclesiastical parish, the whole mission of the Church, pastoral, evangelistic, social and ecumenical.
The PCC is also specifically responsible for the maintenance of the Church of St Barnabas’ Linslade, the Church of St Mary’s, Old Linslade and the Linslade Community Hall.
2. OBJECTIVES AND ACTIVITIES
The PCC is committed to enabling as many people as possible to worship at our church and to become part of our parish community at St Barnabas.
The PCC maintains an overview of worship throughout the parish and makes suggestions on how our services can involve the many groups that live within our parish. Our services and worship put faith into practice through prayer and scripture, music and sacrament.
When planning our activities for the year, the incumbent and the PCC have considered the Commission’s guidance on public benefit and, in particular, the specific guidance on charities for the advancement of religion.
In particular, we try to enable ordinary people to live out their faith as part of our parish community through:
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Worship and prayer; learning about the Gospel; and developing their knowledge and trust in Jesus.
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Provision of pastoral care for people living in the parish.
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Support to Missionary and outreach work.
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Provision of Community hall for all to use.
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To facilitate this work it is important that the fabric of St Barnabas and St Mary’s Churches, in addition to the Linslade Community Hall are maintained for future public benefit.
3. ACHIEVEMENTS AND PERFORMANCE
Worship and Services
The PCC are keen to offer a range of services during the week and over the course of the year that our community find both beneficial and spiritually fulfilling.
Every Sunday there are 2 Services of Holy Communion, one said Service at 8am and the main Parish Communion at 10am, Evening prayer provides a quiet, intimate and reflective environment for worship whilst opportunities are provided for other services during the week, with regular weekday communion services and both Morning and Evening Prayer. We have Family Worship on the morning of the 3rd Sunday each month at 10am, other services are regularly held to cater for the young children of the parish.
Linslade PCC Trustees Annual Report 2024
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Baptisms are conducted as required and are usually held on last Sunday of each month, when members of the congregation and of the PCC are invited to welcome new people to the Church.
As well as our regular services, we enable our community to celebrate and thank God at the milestones of the journey through life. Through baptism we thank God for the gift of life, in marriage public vows are exchanged with God’s blessing and through funeral services friends and family express their grief and give thanks for the life which is now complete in this world and to commend the person into God's keeping.
Further enhancement of the online recording systems were made and will allow for future streaming of services, which includes Baptisms and Funerals as well.
At present there are 112 parishioners on the Church Electoral Roll.
Deanery Synod
Currently 2 members of the PCC sit on the Deanery Synod. This provides the PCC with an important link between the parish and the wider structures of the church.
Pastoral Care
Normally Regular communion services are held at the local old people’s home Elm Lodge in Linslade each month, with regular volunteers to assist in this work. Some members of our parish are unable to attend church due to sickness or age.
Both The Revd Dr Bernard Minton and Revd Wyn Jones and have visited those church members who have requested it, to celebrate communion with them either at their homes or in hospital, Other Lay readers and nominated members also assist with Pastoral care and assist with home communion services in homes and local care homes.
We have a small team of volunteers to visit all who are sick or unable to get out for any other reason to keep them in touch with church life.
The Community Hall provides a facility for the local community and is used every day of each week, with Keep fit classes, Dance groups, Dog Clubs, Children’s playgroups, and many other bookings.
Mission and Evangelism
Helping those in need is a demonstration of our faith. The Outreach committee is to be congratulated on their fund-raising efforts. The PCC has agreed to match this fundraising with at least an equal amount, to support our Mission Giving, and is reviewed by the PCC Trustees each year.
In 2024 we continued supporting the Leighton Linslade Homeless, Kids Out, and The Rukungiri Orphanage; it is good that these efforts on behalf of others can be combined with opportunities for fellowship together.
Linslade PCC Trustees Annual Report 2024
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Our parish magazine is distributed monthly, and available to all parishioners. The magazine keeps our parishioners informed of the important matters affecting our Church and articles that help develop our knowledge and trust in Jesus.
Ecumenical Relationships
The Church is Part of the Ouzel Valley Team Ministry, which is formed by the Parishes of Leighton Buzzard, Linslade, Heath & Reach, Billington, Hockcliffe and Eggington, where regular joint services are held and Clergy regularly attend each other’s parishes to undertake services.
The church is a member of Churches Together in Leighton Buzzard & Linslade, and supports the other Ecumenical Churches within the Towns parishes. Regular joint services are held throughout the year.
4. FINANCIAL REVIEW
Our Income, with some fundraising activities have increased our funds through the year, but we have fared better than expected, with energy costs slightly lower than last year. Our General Fund at year end was £68,743 compared to £68,710 in 2024. The Parish Share of £66,881 was paid in full,
Various necessary repairs were carried out in the past year on the Churches and Hall and has depleted our designated funds, General Funds held up well and were increased due to a Stewardship Campaign to increase our giving from parishioners, and some surplus general fund monies have been transferred to our designated repair funds.
Gift aided giving has allowed us to reclaim £19,600 from the Inland Revenue in the past year.
Reserves policy
It is PCC policy to try and maintain a balance on unrestricted funds, which equates to at least two months unrestricted payments, equivalent to £20,000 to cover emergency situations that may arise from time to time.
The Financial Report and Statements or the year ending 31 December 2024 are appended with this report, and are available to view on the Charity Commission Website.
https://register-of-charities.charitycommission.gov.uk/charity-search/-/charity-details/5003532
5. VOLUNTEERS
The PCC would like to thank all the volunteers who work so hard to make our church the lively and vibrant community it is. In particular we want to mention our Churchwardens who have worked so tirelessly on our behalf, The Treasurer who keeps the church’s accounts and its finances in order, and all the other members of the PCC for their valuable contribution to our ministry and for keeping the church running, and for those looking after the Community
Linslade PCC Trustees Annual Report 2024
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Hall and Hall Bookings and also to our Friends of St Mary’s who help keep our other Church in good order, along with the Churchyard, which enables us to open the Church on summer Sunday afternoons for all to enjoy the beautiful setting of this ancient church.
6. STRUCTURE, GOVERNANCE AND MANAGEMENT
The method of appointment of PCC members is set out in the Church Representation Rules. At St Barnabas the membership of the PCC consists of the Incumbent (our Team Vicar), Churchwardens, the Lay Readers and members elected by those members of the congregation who are on the electoral roll of the church.
All those who attend our services / members of the congregation are encouraged to register on the Electoral Roll and stand for election to the PCC. The PCC members are responsible for making decisions on all matters of general concern and importance to the parish including deciding on how the funds of the PCC are to be spent.
The full PCC met six times during the year with an average level of attendance of over 80%, the Standing Committee also met 6 times this year, to discuss issues in advance of each of the PCC meetings.
Given its wide responsibilities the PCC has a number of committees dealing with a particular aspect of parish life. These committees, which include worship, mission and outreach, stewardship, fundraising, are all responsible to the PCC and report back regularly to the full PCC and discussed as necessary.
The PCC has adopted policies on safeguarding of vulnerable adults and children, domestic abuse, with Trustees required to complete several online certificated safeguarding courses. Compliance with GDPR regulations, and Reporting of serious incidents to the Charity Commission, which have been agreed by all Trustees and are all reviewed on an annual basis. All PCC trustees have been DBS Checked, along with other volunteers as and when this is required by the trustees and current regulations.
7. DECLARATIONS
In Addition to the Accounts and Financial Statements as produced under the Charity Statement of Recommended Practice 2015 (Charity SORP), under the Financial Reporting Standard of Smaller Entities (FRSSE) the following declarations are made:
- 1) All Trustees elected to the PCC are volunteers and have not been paid any remuneration or have received any other benefits from the Charity.
Note): Except for Mr David Emerson, Position of Choirmaster, (Trustee), and Mrs Katherine Emerson Position of Church Organist (Spouse of Trustee) where Normal agreed RSCM Rates of remuneration have been agreed by the PCC Trustees.
Linslade PCC Trustees Annual Report 2024
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(The Charity Commission have been notified and responded “As a result of changes to the Parochial Church Councils (Powers) Measure 1956 the Commission’s authority is no longer required. The trustees must however comply with the requirements of the measures in respect of employing connected persons or trustees.”
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2) No Trustee expenses have been incurred, other than those for reimbursement towards payment of goods purchased for the use of the PCC.
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3) No staff are currently employed either full time or part time by the Charity.
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4) Examination of the Accounts has been carried out on a voluntary basis, for which no remuneration has been made, other than by small gift as gratitude for undertaking the examination.
8. ADMINISTRATIVE INFORMATION
St Barnabas’ Church – Linslade PCC
In the Diocese of St Albans within the Church of England, (In the Deanery of Dunstable) Part of the Ouzel Valley Team Ministry.
The correspondence address:St Barnabas’ Parish Office, Church Cottage, Waterloo Road, Linslade, Leighton Buzzard, Bedfordshire LU7 2NR.
Website: www.stbarnabaslinslade.uk Email: linsladeparishoffice@gmail.com
The PCC is a body corporate (PCC Powers Measure 1956, Church Representation Rules 2006) and a Charity registered with the Charity Commission Number 1130239
9. LIST OF CURRENT TRUSTEES AND APPOINTMENT DATES
PCC Members serving and elected during 2024 were as follows:
Ex Officio: Revd. Dr Bernard Minton Team Vicar Revd. Wyn Jones Assistant Priest Mr Ian Woodward Reader (co-opted) Mr Charles Amis Reader (co-opted)
Linslade PCC Trustees Annual Report 2024
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Mr Nick Butler Churchwarden Mr Michael Woodhouse Churchwarden Elected members: Mrs Ann Tracey Elected 2022 for 3 years Mrs Pam Morris Elected 2022 for 3 years Mr John Tigg Elected 2022 for 2 years Mr Simon Soper Elected 2023 for 3 years & Deanery Synod Member Mr Winston Forde Elected 2023 for 3 years & Deanery Synod Member Mrs Carolyn Birch Elected 2023 for 2 years Mrs Barbara Appleyard Elected 2023 for 3 years Mr David Emerson Elected 2023 for 3 years Mrs Sarah Woodward Elected 2023 for 3 years Mrs Janet Miller Elected 2024 for 3 years Mr Vernon Smith Elected 2024 for 3 years
This Report Approved by the Linslade PCC Trustees - February 2025
Signed:
Linslade PCC Trustee and Charity Correspondent Mr Vernon Smith
Date: 17[th] February 2025
Linslade PCC Trustees Annual Report 2024
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Registered Charity No 1130239
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(Part of the Ouzel Valley Team Ministry – Diocese of St Albans)
ANNUAL FINANCIAL REPORT
AND STATEMENTS
OF THE
LINSLADE PAROCHIAL CHURCH COUNCIL
FOR THE YEAR ENDED
31 DECEMBER 2024
TEAM VICAR
The Reverend Dr Bernard Minton
The Vicarage Vicarage Road LINSLADE Beds. LU7 2LP
INDEPENDENT EXAMINER David Thompson
PCC TREASURER Vernon Smith
St Barnabas’ Accounts 2024
Page 1 of 12
INDEPENDENT EXAMINER’S REPORT TO THE PCC OF ST. BARNABAS’ CHURCH LINSLADE
Introduction
This report on the financial statements of the PCC for the year ended 31st December 2024, which are set out on pages 2 – 12, is in respect of an examination carried out in accordance with the Church Accounting Regulations 2006 (“the Regulations”) and Section 145 of the Charities Act 2011 (“the Act”).
Respective responsibilities of the PCC and the examiner
As members of the PCC you are responsible for the preparation of the financial statements. You consider that the audit requirement of the Regulations and section 144(2) of the Act does not apply. It is my responsibility to issue this report on those financial statements in accordance with the terms of the Regulations.
Basis of this report
My examination was carried out in accordance with the General Directions given by the Charity Commission under section 145(5)(b) of the Act and to be found in the Church Guidance , 2006 edition, issued by the Finance Division of the Archbishops’ Council. That examination includes a review of the accounting records kept by the PCC and a comparison of the accounts with those records. It also includes considering any unusual items or disclosures in the financial statements and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the view given by the accounts.
Independent Examiner’s statement
In connection with my examination, no matter has come to my attention:
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1) Which gives me reasonable cause to believe that in any material respect the requirements - to keep accounting records in accordance with section 130 of the Act; and
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to prepare financial statements, which accord with the accounting records and comply with the requirements of the Act and the Regulations have not been met; or
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2) To which in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
DAVID THOMPSON Chartered Accountant Signed: 30 High Street Leighton Buzzard Date: Beds. LU7 1EA
St Barnabas’ Accounts 2024
Page 2 of 12
Linslade PCC – St Barnabas’
Registered Charity - 1130239
Statement of Financial Activities (SOFA)
01 January 2024 to 31 December 2024
| Unrestricted | Designated | Restricted | Endowment | Endowment | ||
|---|---|---|---|---|---|---|
| funds |
funds | funds | funds | 2024 |
2023 | |
| Income and endowments from: | ||||||
| Donations and legacies | 70,514.02 | 7,995.46 | 55.00 | 0.00 | 78,564.48 | 66,366.79 |
| Income from charitable activities | 4,677.00 | 0.00 | 1,451.41 | 0.00 | 6,128.41 | 5,179.29 |
| Other trading activities | 40,412.65 | 0.00 | 0.00 | 0.00 | 40,412.65 | 37,105.20 |
| Investments | 1,440.80 | 4,486.09 | 4,508.49 | 1,422.52 | 11,857.90 | 10,002.19 |
| Other income | 19,216.85 | 1,847.24 | 898.88 | 0.00 | 21,962.97 | 18,440.10 |
| Total income | 136,261.32 | 14,328.79 | 6,913.78 | 1,422.52 | 158,926.41 | 137,093.57 |
| Expenditure on: | ||||||
| Costs of generating funds | ||||||
| Costs of generating voluntary income | 8,791.10 | 4,016.00 | 1,470.48 | 0.00 | 14,277.58 | 11,143.85 |
| Expenditure on charitable activities | 94,964.30 | 20,505.39 | 3,360.14 | 0.00 | 118,829.83 | 112,545.41 |
| Other expenditure | 8,016.72 | 381.25 | 96.00 | 0.00 | 8,493.97 | 7,756.86 |
| Total expenditure | 111,772.12 | 24,902.64 | 4,926.62 | 0.00 | 141,601.38 | 131,446.12 |
| Gains / losses on investment assets | 0.00 | 0.00 | 0.00 | 1,172.94 | 1,172.94 | 4,441.96 |
| Net income / (expenditure) resources before transfer | 24,489.20 | (10,573.85) | 1,987.16 | 2,595.46 | 18,497.97 | 10,089.41 |
| Transfers | ||||||
| Gross transfers between funds - in | 1,293.48 | 25,750.00 | 1,422.52 | 0.00 | 28,466.00 | 2,424.86 |
| Gross transfers between funds - out | (25,750.00) | 0.00 | (1,293.48) | (1,422.52) | (28,466.00) | (2,424.86) |
| Other recognised gains / losses | ||||||
| Net movement in funds | 32.68 | 15,176.15 | 2,116.20 | 1,172.94 | 18,497.97 | 10,089.41 |
| Reconciliation of funds | ||||||
| Total funds brought forward | 68,710.80 | 97,639.95 | 96,096.45 | 51,246.21 | 313,693.41 | 303,604.00 |
| Total funds carried forward | 68,743.48 | 112,816.10 | 98,212.65 | 52,419.15 | 332,191.38 | 313,693.41 |
Page 3 of 12
St Barnabas’ Accounts 2024
Linslade PCC – St Barnabas’
Registered Charity 130239
Balance Sheet as of 31 December 2024
| 2024 2023 |
|
|---|---|
| Fixed assets D001: Investments[Note A] 52,419.15 51,246.21 D002: Equipment Owned 0.00 0.00 Total Fixed assets 52,419.15 51,246.21 Current assets Z05: Accounts Receivable[Note B] 4,231.79 3,298.86 ZZZ011: Barclays business premium a/c 38,474.89 96.94 ZZZ013: Petty cash 0.00 0.00 ZZZ11: Barclays current a/c 32,423.71 64,652.13 ZZZ12: CBFIF (CCLA) deposit fund 206,073.84 196,016.41 Total Current assets 281,204.23 264,064.34 Liabilities Z04: Accounts Payable[Note C] 1,432.00 1,617.14 ZZZ200: Current liabilities 0.00 0.00 Total Liabilities 1,432.00 1,617.14 Net Asset surplus (deficit) 332,191.38 313,693.41 Represented by Funds Unrestricted 68,743.48 68,710.80 Designated 112,816.10 97,639.95 Restricted 98,212.65 96,096.45 Endowment 52,419.15 51,246.21 Total 332,191.38 313,693.41 |
Page 4 of 12
St Barnabas’ Accounts 2024
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
1. ACCOUNTING POLICIES
The financial statements have been prepared in accordance with the Church Accounting Regulations 2006 and under section 145 of the Charities Act 2011, and follow the accounting and reporting by Charities Statement of Recommended Practice applicable (Charities SORP) and in accordance with the Financial Reporting Standard for Smaller Entities (FRSSE) 2015.
The financial statements have been prepared under the historical cost convention except for the valuation of investment assets, which are shown at market value. The financial statements include all transactions, assets and liabilities for which the PCC is responsible in law. They do not include the accounts of church groups that owe their main affiliation to another body, nor those that are informal gatherings of church members.
Funds
Endowment funds are funds, the capital of which must be maintained; only income arising from investment of the endowment may be used either as restricted or unrestricted funds depending upon the purpose for which the endowment was established.
Restricted funds represent (a) income from trusts or endowments which may be expended only on those restricted objects provided in the terms of the trust or bequest, and (b) donations or grants received for a specific object or invited by the PCC for a specific object. The funds may only be expended on the specific object for which they were given. Any balance remaining unspent at the end of each year must be carried forward as a balance on that fund. The PCC does not usually invest separately for each fund. Where there is no separate investment, interest is apportioned to individual funds on an average balance basis.
Designated funds are part of general funds which are designated for specific purposes, although this can be changed for PCC ordinary purposes.
Unrestricted funds are general funds which can be used for PCC ordinary purposes.
Incoming resources
Planned giving, collections and donations are recognized only when received. Tax refunds are recognized when the incoming resource to which they relate is received. Grants and legacies are accounted for when the PCC is legally entitled to the amounts due. Dividends are accounted for when receivable, interest is accrued. All other income is recognized when it is receivable. All incoming resources are accounted for gross.
St Barnabas’ Accounts 2024
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Resources expended
Grants and donations are accounted for when paid over, or when awarded, if that award creates a binding or constructive obligation on the PCC. The diocesan parish share is accounted for when due. Amounts received specifically for mission are dealt with as restricted funds. All other expenditure is generally recognized when it is incurred for gross.
Fixed assets
Consecrated property is not included in the accounts in accordance with section 10(2)(c) of the Charities Act 2011.
Movable church furnishings held by the vicar and churchwardens on special trust for the PCC and which require a faculty for disposal are inalienable property, listed in the church’s inventory, which can be inspected (at any reasonable time).
No equipment assets are currently held by the PCC which require depreciation.
Investments are valued at market value as at 31 December 2024.
2. INVESTMENTS
Endowment funds
Held by the Central Board of Finance of the Church of England.
| £ | |
|---|---|
| Lawford bequest (upkeep of Lawford Memorial Chapel) | 6,404.99 |
| Hadley bequest (care and upkeep of St. Barnabas’ clock) | 716.80 |
| Biley bequest (upkeep of St. Mary’s churchyard) | 10,659.56 |
| Gamble bequest (upkeep of St. Mary’s churchyard and specific graves) | 5,156.36 |
| Merry bequest (upkeep of St. Mary’s churchyard and specific graves) | 7,538.00 |
| Oakley bequest (upkeep of St. Mary’s churchyard and specific grave) | 8,162.31 |
| Roberts bequest (upkeep of St. Mary’s churchyard and specific graves) | 1,202.38 |
| Vickers bequest (upkeep of St. Mary’s churchyard and specific graves) | 12,578.75 |
| _____ | |
| Endowment Investment values at 31 December 2024 | 52,419.15 |
St Barnabas’ Accounts 2024
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3. ANALYSIS OF NET ASSETS BY FUND
| Unrestricted | Designated | Restricted | Endowment | 2024 | 2023 | |
|---|---|---|---|---|---|---|
| Fixed Assets (Investments) |
52,419.15 | 52,419.15 | 51,246.21 | |||
| Current Assets |
70,175.48 | 112,816.10 | 98,212.65 | 281,204.23 | 264,064.34 | |
| Liabilities & Acc Payable |
(1,432.00) | (1,432.00) | (1,617.14) | |||
| TOTAL NET ASSETS |
68,743.48 | 112,816.10 | 98,212.65 | 52,419.15 | 332,191.38 | 313,693.41 |
4. CURRENT LIABILITIES
| Creditors TOTAL LIABILITIES |
2024 2023 (1,432.00) (1,617.14) |
|---|---|
| (1,432.00) (1,617.14) |
5. DESCRIPTION OF FUNDS
General fund:
General Fund – For Ordinary purposes for PCC Income and expenditure, covers St Barnabas, St Mary’s and Linslade Community Hall day to day Income and costs.
Designated funds:
Church – designated money for future ongoing upkeep Maintenance and Repairs to St Barnabas & St Mary’s Churches
Hall - designated money for future ongoing upkeep Maintenance and Repairs of Linslade Community Hall
Teach – designated money for Youth Worker and Christian teaching within the Church Outreach – mission giving both at home and overseas, money raised from Outreach fundraising and matched by PCC funds
Choir – for the provision of music, robes and other requirements
St Barnabas’ Accounts 2024
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Restricted funds:
Bells – maintenance of the Bells and Belfry
Biley St. Mary’s – maintenance of the fabric of St. Mary’s church. Chapel - upkeep of Lawford Memorial Chapel, Interest from Lawford Endowment. Clock fund - upkeep and maintenance of St. Barnabas’ tower clock, Interest from Hadley Endowment.
Dorothy Hall bequest – for the use of St. Mary’s church and St Barnabas, Friends of St. Mary’s – upkeep and maintenance of St. Mary’s church and churchyard. Special projects – other worthy causes identified as of need, smaller bequests/donations for one off items.
St Mary’s Churchyard - upkeep and maintenance of St. Mary’s churchyard, Endowment Interest from the St Mary’s Endowments.
Endowment funds
Lawford bequest - upkeep of Lawford Memorial Chapel. Hadley bequest - care and upkeep of St. Barnabas’ Clock. Biley bequest - upkeep of St. Mary’s churchyard. Gamble bequest - upkeep of St. Mary’s churchyard and specific graves. Merry bequest - upkeep of St. Mary’s churchyard and specific graves. Oakley bequest - upkeep of St. Mary’s churchyard and specific grave. Roberts bequest - upkeep of St. Mary’s churchyard and specific grave. Vickers bequest - upkeep of St. Mary’s churchyard and specific grave.
Note, The Interest from the Endowment funds was transferred to respective Restricted funds (Chapel, Clock and St Mary’s Churchyard) at year end.
Endowment Interest for 2024 by Fund, allocated to respective restricted funds, amounts transferred at year end:
| £ | |
|---|---|
| Lawford– Chapel Fund | 173.83 |
| Hadley– Clock Fund | 19.45 |
| Biley– St Mary’s Churchyard | 289.28 |
| Gamble– St Mary’s Churchyard | 139.92 |
| Merry– St Mary’s Churchyard | 204.56 |
| Oakley– St Mary’s Churchyard | 221.51 |
| Roberts– St Mary’s Churchyard | 32.62 |
| Vickers– St Mary’s Churchyard | 341.35 |
| Total | 1422.52 |
St Barnabas’ Accounts 2024
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Linslade PCC- St Barnabas’
Registered Charity 1130239
Analysis of Income and Expenditure 01 January 2024 to 31 December 2024
| Total | Total | |||||
|---|---|---|---|---|---|---|
| Unrestricted | Designated | Restricted | Endowment | 2024 | 2023 | |
| Income and endowments | ||||||
| Donations and legacies | ||||||
| ZZZ103 - Planned giving[Note D] | 63,953.90 | 0.00 | 0.00 | 0.00 | 63,953.90 | 54,503.52 |
| ZZZ104 - Collections St. B | 3,702.93 | 111.50 | 0.00 | 0.00 | 3,814.43 | 2,901.68 |
| ZZZ105 – Donations[Note E] | 1,570.22 | 6,132.96 | 55.00 | 0.00 | 7,758.18 | 6,945.59 |
| ZZZ106 - Gift aided giving | 861.97 | 1,000.00 | 0.00 | 0.00 | 1,861.97 | 610.50 |
| ZZZ112 - Charitable donations | 0.00 | 751.00 | 0.00 | 0.00 | 751.00 | 1,024.50 |
| ZZZ116 - Don. - Church costs | 337.00 | 0.00 | 0.00 | 0.00 | 337.00 | 214.00 |
| ZZZ126 - Collections St. Mary | 88.00 | 0.00 | 0.00 | 0.00 | 88.00 | 167.00 |
| Donations and legacies Totals | 70,514.02 | 7,995.46 | 55.00 | 0.00 | 78,564.48 | 66,366.79 |
| Income from charitable activities | ||||||
| ZZZ118 - Fees St. Barnabas | 2,149.00 | 0.00 | 0.00 | 0.00 | 2,149.00 | 2,040.00 |
| ZZZ119 - Fees St. Mary's | 2,103.00 | 0.00 | 0.00 | 0.00 | 2,103.00 | 1,775.00 |
| ZZZ122 - Messy Church & Toddler Gps | 425.00 | 0.00 | 0.00 | 0.00 | 425.00 | 422.00 |
| ZZZ127 - Friends - St. Mary's | 0.00 | 0.00 | 1,451.41 | 0.00 | 1,451.41 | 942.29 |
| Income from charitable activities | 4,677.00 | 0.00 | 1,451.41 | 0.00 | 6,128.41 | 5,179.29 |
| Totals | ||||||
| Other trading activities | ||||||
| ZZZ117 - Fund raising | 3,698.07 | 0.00 | 0.00 | 0.00 | 3,698.07 | 1,142.81 |
| ZZZ120 - Fetes & bazaars | 8,233.96 | 0.00 | 0.00 | 0.00 | 8,233.96 | 6,889.55 |
| ZZZ121 - Hall income | 22,337.12 | 0.00 | 0.00 | 0.00 | 22,337.12 | 23,851.74 |
| ZZZ131 - Magazine income | 651.00 | 0.00 | 0.00 | 0.00 | 651.00 | 746.60 |
| ZZZ136 - St Barnabas (Use of Church) | 4,942.50 | 0.00 | 0.00 | 0.00 | 4,942.50 | 4,199.50 |
| ZZZ137 - St Mary's (Use of Church) | 550.00 | 0.00 | 0.00 | 0.00 | 550.00 | 275.00 |
| Other trading activities Totals | 40,412.65 | 0.00 | 0.00 | 0.00 | 40,412.65 | 37,105.20 |
| Investments | ||||||
| ZZZ108 - Interest on deposits | 1,440.80 | 4,486.09 | 4,508.49 | 0.00 | 10,435.38 | 8,601.41 |
| ZZZ109 - Endowment interest | 0.00 | 0.00 | 0.00 | 1,422.52 | 1,422.52 | 1,400.78 |
| Investments Totals | 1,440.80 | 4,486.09 | 4,508.49 | 1,422.52 | 11,857.90 | 10,002.19 |
| Other income | ||||||
| ZZZ110 - Tax recoverable[Note F] | 17,287.09 | 1,687.24 | 627.88 | 0.00 | 19,602.21 | 16,423.37 |
| ZZZ123 - Choir income | 0.00 | 160.00 | 0.00 | 0.00 | 160.00 | 55.00 |
| ZZZ124 - PCC Bells | 390.00 | 0.00 | 0.00 | 0.00 | 390.00 | 160.00 |
| ZZZ135 - Bells Restricted Account | 0.00 | 0.00 | 271.00 | 0.00 | 271.00 | 198.00 |
| ZZZ138 - Renewable Energy (Solar) | 1,539.76 | 0.00 | 0.00 | 0.00 | 1,539.76 | 1,603.73 |
| Other income Totals | 19,216.85 | 1,847.24 | 898.88 | 0.00 | 21,962.97 | 18,440.10 |
| Income and endowments | 136,261.32 | 14,328.79 | 6,913.78 | 1,422.52 | **158,926.41 ** | 137,093.57 |
| Grand totals |
St Barnabas’ Accounts 2024
Page 9 of 12
Total Endowment 2024 2023
Unrestricted
Designated Restricted
Expenditure
| Expenditure | ||||||
|---|---|---|---|---|---|---|
| Costs of generating funds | ||||||
| ZZZ204 - Fetes & bazaars | 775.40 | 0.00 | 0.00 | 0.00 | 775.40 | 692.18 |
| ZZZ205 - St. Mary's expenses | 51.98 | 594.99 | 1,415.48 | 0.00 | 2,062.45 | 789.44 |
| ZZZ206 - Hall expenses | 6,413.93 | 1,236.94 | 0.00 | 0.00 | 7,650.87 | 7,430.89 |
| ZZZ227 - Fundraising | 115.80 | 0.00 | 0.00 | 0.00 | 115.80 | 0.00 |
| ZZZ235 - St B Expenses | 1,433.99 | 2,184.07 | 55.00 | 0.00 | 3,673.06 | 2,231.34 |
| Costs of generating funds Totals | 8,791.10 | 4,016.00 | 1,470.48 | 0.00 | 14,277.58 | 11,143.85 |
| Expenditure on charitable activities | ||||||
| ZZZ201 - Altar Requisites | 807.19 | 0.00 | 0.00 | 0.00 | 807.19 | 1,055.24 |
| ZZZ203 - Choir expenses | 0.00 | 137.00 | 0.00 | 0.00 | 137.00 | 0.00 |
| ZZZ208 - Magazine expenses | 1,236.44 | 0.00 | 0.00 | 0.00 | 1,236.44 | 1,458.00 |
| ZZZ210 - Organist' s fees[Note G] | 5,361.00 | 0.00 | 0.00 | 0.00 | 5,361.00 | 5,004.00 |
| ZZZ212 - Parish share[Note H] | 66,996.00 | 0.00 | 0.00 | 0.00 | 66,996.00 | 66,881.00 |
| ZZZ213 - Parish activities | 220.00 | 400.00 | 0.00 | 0.00 | 620.00 | 450.30 |
| ZZZ214 - St. B. repairs[Note J] | 0.00 | 11,167.08 | 2,588.40 | 0.00 | 13,755.48 | 4,655.86 |
| ZZZ215 - St. M. repairs[Note J] | 0.00 | 656.00 | 0.00 | 0.00 | 656.00 | 2,110.74 |
| ZZZ217 - Charitable giving[Note K] | 200.00 | 1,500.00 | 0.00 | 0.00 | 1,700.00 | 3,177.00 |
| ZZZ220 - PCC Bells | 320.00 | 0.00 | 0.00 | 0.00 | 320.00 | 160.00 |
| ZZZ224 - Friends of St. M exp | 14.50 | 0.00 | 771.74 | 0.00 | 786.24 | 337.77 |
| ZZZ225 - Choir own exp. | 0.00 | 133.00 | 0.00 | 0.00 | 133.00 | 127.00 |
| ZZZ233 - Ouzel Valley Team fees[Note | L] 4,200.00 | 0.00 | 0.00 | 0.00 | 4,200.00 | 4,200.00 |
| ZZZ234 - Hall repairs[Note J] | 70.00 | 6,512.31 | 0.00 | 0.00 | 6,582.31 | 3,323.99 |
| ZZZ236 - Utilities Office Cottage | 1,632.37 | 0.00 | 0.00 | 0.00 | 1,632.37 | 1,845.03 |
| ZZZ237 - Utilities St B[Note M] | 8,482.87 | 0.00 | 0.00 | 0.00 | 8,482.87 | 11,121.31 |
| ZZZ238 - Utilities Hall[Note M] | 4,897.25 | 0.00 | 0.00 | 0.00 | 4,897.25 | 6,064.63 |
| ZZZ239 - Utilities St M[Note M] | 526.68 | 0.00 | 0.00 | 0.00 | 526.68 | 573.54 |
| Expenditure on charitable | 94,964.30 | 20,505.39 | 3,360.14 | 0.00 | 118,829.83 | 112,545.41 |
| activities Totals | ||||||
| Other expenditure | ||||||
| ZZZ209 - Office / Admin expenses | 947.40 | 381.25 | 0.00 | 0.00 | 1,328.65 | 891.49 |
| ZZZ230 - Insurance St B | 4,027.48 | 0.00 | 0.00 | 0.00 | 4,027.48 | 4,056.30 |
| ZZZ231 - Insurance St Marys | 1,555.24 | 0.00 | 0.00 | 0.00 | 1,555.24 | 1,293.48 |
| ZZZ232 - Insurance Hall | 1,486.60 | 0.00 | 0.00 | 0.00 | 1,486.60 | 1,424.59 |
| ZZZ240 - Bells Expenses | 0.00 | 0.00 | 96.00 | 0.00 | 96.00 | 91.00 |
| Other expenditure Totals | 8,016.72 | 381.25 | 96.00 | 0.00 | 8,493.97 | 7,756.86 |
| Expenditure Grand totals | 111,772.12 | 24,902.64 | 4,926.62 | 0.00 | **141,601.38 ** | 131,446.12 |
Page 10 of 12
St Barnabas’ Accounts 2024
Linslade PCC – St Barnabas’ Registered Charity - 1130239
Fund Movement Summary
01 January 2024 to 31 December 2024
| Fund Fund balances Incoming Outgoing Transfers Gains and Fund balances Brought forward Resources Resources Losses Carried On Investments Forward (24,456.52) 68,710.80 (24,456.52) 68,710.80 20,000.00 69,467.84 0.00 8,069.60 5,000.00 15,234.78 0.00 3,997.33 750.00 870.40 25,750.00 97,639.95 (1,293.48) 10,068.67 0.00 3,606.97 0.00 2,864.46 0.00 56,734.52 0.00 14,935.25 1,229.24 6,980.01 173.83 792.11 19.45 114.46 129.04 96,096.45 (289.28) 10,421.04 (19.45) 700.76 (173.83) 6,261.67 (32.62) 1,175.48 (204.56) 7,369.33 (139.92) 5,040.98 (221.51) 7,979.67 (341.35) 12,297.28 (1,422.52) 51,246.21 0.00 Unrestricted General - General fund 136,261.32 111,772.12 0.00 68,743.48 Sub-totals 136,261.32 111,772.12 0.00 68,743.48 Designated Church - Maint&Repair fund StB & StM 10,524.89 14,503.79 0.00 85,488.94 Teach - Youth, Mission & Teaching 385.00 879.60 0.00 7,575.00 Hall - Linslade Community Hall fund 1,988.37 7,749.25 0.00 14,473.90 Choir - Choir Fund 474.29 270.00 0.00 4,201.62 Outreach - Charitable donations 956.24 1,500.00 0.00 1,076.64 Sub-totals 14,328.79 24,902.64 0.00 112,816.10 Restricted Friends - Friends of St. Mary's 2,081.01 757.05 0.00 10,099.15 Bells - Bells Fund 499.14 96.00 0.00 4,010.11 S.proj - Special projects 202.01 55.00 0.00 3,011.47 Dhall - Dorothy Hall bequest 3,053.46 2,588.40 0.00 57,199.58 Biley-M - Biley St. Mary's fund 766.49 0.00 0.00 15,701.74 Stmchyd - StM Churchyard(End Int) 264.39 1,430.17 0.00 7,043.47 Chapel - Lady Chapel(Lawford End) 41.34 0.00 0.00 1,007.28 Clock - Clock Fund (Hadley End) 5.94 0.00 0.00 139.85 Sub-totals 6,913.78 4,926.62 0.00 98,212.65 Endowment Biley - St. Mary's church 289.28 0.00 238.52 10,659.56 Hadley - Clock fund - Hadley 19.45 0.00 16.04 716.80 Lawford - Chapel fund - Lawford 173.83 0.00 143.32 6,404.99 Roberts - St. Mary's fund - Roberts 32.62 0.00 26.90 1,202.38 Merry - St. Mary's fund - Merry 204.56 0.00 168.67 7,538.00 Gamble - St. Mary's fund - Gamble 139.92 0.00 115.38 5,156.36 Oakley - St. Mary's fund - Oakley 221.51 0.00 182.64 8,162.31 Vickers - St. Mary's fund - Vickers 341.35 0.00 281.47 12,578.75 Sub-totals 1,422.52 0.00 1,172.94 52,419.15 Totals 313,693.41 158,926.41 141,601.38 1,172.94 332,191.38 |
|
|---|---|
St Barnabas’ Accounts 2024 Page 11 of 12
6. SUMMARY OF FUND TRANSFERS
A Transfer of £1,293.48 from Friends of St Mary’s to General Funds for Payment of the St Mary’s Insurance the year 2023 as agreed by the Friends APCM.
A Transfer of £750 from General Funds to Outreach for matched funding for the Outreach 2023 funds distribution to our charities, as agreed by the PCC.
After a review of our General Funds balances held at 31 December 2024 a transfer of £20,000 from General Funds to Church Maintenance Designated Fund and a transfer of £5,000 from General Funds to Hall Designated Fund was made at year end to build up our reserves for the future.
(For Endowment Interest transfers see Page 8)
7. EXPLANATION NOTES TO THE ACCOUNTS FOR 2024
-
[Note A] Endowment Investments - Endowment Fixed Asset values increased by 1.23% during 2024.
-
[Note B] Accounts Receivable – This is represented by Gift Aid Tax reclaim to the end of December 2024 of £4,231 (Which has now been received)
-
[Note C] Accounts Payable – All utility bills for December remain outstanding to be paid, £1,432 has been calculated from the end of month bills. (Which have now been paid)
-
[Note D] Planned Giving has increased this year following a Stewardship reminder, although still reliant on some generous givers.
-
[Note E] Donations received for during year, from individuals & groups and the use of the car park.
-
[Note F] Tax recoverable through the year; Gift Aid claims including FWO and Small Donations total £19,602.
-
[Note G] Organist and Choirmaster fees and remuneration as agreed by the PCC Trustees.
-
[Note H] Parish Share paid in full £66,996 from the General Funds.
-
[Note J] Main repairs / works include: StB - Sacristy Toilet refurbishment, Chancel Lighting replacement, Guttering repairs and External painting of doors. StM – Heater repairs and Guttering inspections.
-
Hall – New Lincat Boiler, External painting of doors and windows and Floor polishing & Cleaning.
-
[Note K] Charitable donations of £200 made from General Funds and £1500 from Outreach Funds for our 3 Charities, as part of matching Outreach donations.
-
[Note L] Clergy expenses are managed by the Ouzel Valley Team Council. A fixed monthly charge of £350 to the OVTC covers the Clergy expenses. (From 2025 the Clergy expenses will be paid direct by the PCC)
-
[Note M] Utility costs (Gas & Electric) have reduced slightly in 2024 as shown in accounts.
Vernon Smith Signed: Linslade PCC Treasurer Date: 17 February 2025
St Barnabas’ Accounts 2024
Page 12 of 12
INDEPENDENT EXAMINER'S REP TO THE PCC OF ST. BARNABAS, CH RT RCH LINSLADE This report OD the Snancial Statan ofthe PCC for the year a)ded 318t December 2024, which are As meth of the PCC are re4)rnBible fordE prwatiOD of tbe financial statements. You My e7£aminthon was ¢Tled in accordae with the GeI Directi{ given by the Charity Conimi98iOTt 145(5Xb} of th8 Aet gHd to kn fou IR the Ckneh Gwk3Y¥, 2(416 ditio iswed bythe Finance DDpisTh of the Archbishops. Council. That in¢ludes a review of the aecounting records kept by the PCC and a comparison ofthe accou with those records. It also provide the evidence that be requiT&J in an audiL and con84uently I do not exprc¥s an audit the requirements of the Act and the Regulations have notbeth meL 30 1Sgh Street Beds. LU7 IEA II l LILY Page2 of 12