REGISTERED CHARITY NUM8ER: 1130330
R•port ot Tru$teos and
Unaudil•d Financial ￿effl9nts
forthe Year Ended 31 December2024
The Paro¢hlal Church Council of iho
Eccleslastlcal Padsh of St Paul.
Cheltenham
15 St Ge(ryes Ro*1
Chehenham
Gh￿¥S￿r$h1re
GL50 3DT

The PaTochlal Chur¢h Councll of the
Ecclesiastical Parlsh of St Paul.
Cheltenham
Contents ofth• Financial Ststements
for thg Year End￿ 31 D•¢•rnber 2024
PJge
Report of the Trusts•$
1 to 4
Ind¢ptrndgnt Examln*s Report
Statement of Flnanelal Aetivibes
8alan¢e Sheet
Notes to the Flnanclal Statements
8 to 14
Detslled Statement of Flnandal Aetfvits
15

The Parochlal Church Councll of the
E¢cl•slastl¢al Parfsh of St Paul.
Cheltenham
Rgport oftho Trustg•B
fof the Year Ended 31 Decernb¢r 2024
The trus¢ees presenl their re[￿ wlth tr* flnandal statements of the charity for thè yèar a￿1811
31 D￿ernber 2024. The trustees have adopkny Ihe wovisicffis of Actounting and Re￿￿tYj by Charit￿$..
Staternent of Recomrnend8d Practice applicable to charl￿S prepariro Iheir accounts in accordance with the
Financial Rem'ng Stsndard applicable in the UK and Republ￿ of Ireland IFRS 1021 (effective 1 January
20191.

The Pamchral Church Councll ofth?
Eccleslastlcal Parl$h ol St Paul,
Cheltenham
R•port of the Trust•
lorth• Year Ended 31 December 2024
Obloetiv•s and activiti88
St. Paul's Cheltenham Paroch￿1 Church Council I'PCC'I has the responsibility of cmperating with the
neutnbent, Rog8r Widdecombe, in promotiTrJ in the ecdesiastKal parBh the vthde mission of the Church.
pastoral. evangelist￿, socrdl and 8cUm8ni￿. It also has rn8lntenan￿ reStonsi￿l￿es for SL Paul 's Church
8nd a380riaied Fwoperty.
Achl•v•m•nts arbd Perforn￿n
Church att•ndane•
There are 104 people on thè Churth Eknl R￿1. There were len PCC w￿rnber$ until April and
afterwards due to the el￿ of members to fill prevKKts Vacanc￿$. Rev D Baker was invited to join as
an ex-officio member during his curacy from September. The avewe weekty attendances, C￿nted during
Octobgr, werg 93 adults and 53 chikjren. trArt these numbers increased signthntty on spècial rtcas1￿$
such as the Christmas seNces.
Revlew of the Year 2024
2024 has been sofflething of a Irdnwtic￿. year. as we have moved from recovw. from thè pand8rn￿, into
outreach beyond our5efves. Alpha ran three times, albeit wth small numbets and planning is wdl under way
for a Youth Ajpha ¢¢yJrse in earty 2025. There is a growng sens8 of God movirg us outside of our walls and
our comfort zl¥￿, and we are Winnir¥ lo disc￿ fresh vis#)n ts the comiNJ $ea50n.
We lost L¥)th our youth arbd children's pasiors in the summer, %thich has pLHced a large burden on the
congregation. However, paople hav8 restK)nded amaingty with stqnrfKant numbets tsf new txople 88rving
on the tearns. There is still a re￿n￿ that some paid resou￿ 15 necessary, trMJt it is likely to look very
differ8nt to what we had befue.
David Baker has setded in wdl as wr Asslstsnt Pastor and was ordained a$ our CUTat& Isdl supporting) in
June. Having him on team mode Ihe ¢Jeparture of Olher staff rn￿h n￿)re manageable.
In D8￿mber we r￿￿ed plannirKJ P￿￿1$$K)n fLV our buibJiTh3 rKoiert we wll $8ek to rebuikl the
extensions in ordèr to wdcorne 58ss abk peorAe, rxeate a suitable ¢n￿rOnment foT CAJr youngest mernbers
and host m(*e èvènts for our kjcal cwimunty. A team has been formed to move the project forward and we
hope to t￿k grouThJ in 2026.
The thurth appears to be growng slwjhty in numb8rs. but s*Jnificantty and d￿lre for God's
kingd￿. so 2025 promisés to Èe excitirg.
Fabrlc R•port 2023
We re¢eNed our quinquennial and hav8 begun to rxganise the ￿rfI￿nt wcrfks needed. Most urgenty these
Include sThme roof malnienance. elé¢irirA ins[￿n aThl gutter check. Thè ftat roots on ihe extensions will
be nursed through until re￿a￿d in the building prLyect above. othe￿ the building is ￿ pretty good
Cond￿On.
PCC R•port
PCC had one full rneetirwJ, in Ma￿, IM AA)nual Par0th￿l Church Mooting IAPCMI in April. and five
afterwards, in May. June, July, SeptemberatvJ November.
PCC continued to sw)d swJnfftant tinp in r*l*)n to work on the new tmjildifig [￿Ole¢t plans. for which
plannFn9 was grantsd at the end of the year. In the %corKI half ol Ihe year, PCC also Spent a large amount
of time addressing the short-tam impact of the departure of both our Kids and Youth Pa$t(>r ￿ the
respective ministries and vdunteer teams and begimiry to di5cem ￿ r8rxuitmenl needs ol the staff tearn
moving foNMrds.
Esther Caffell continued her rL48 as S*egu8rdirg Officer for Chddren awKI Y1￿￿5 People throughout 2024.
with Rc8er w￿de¢0mbe as Safyuarding Olker ft)r Vukner*)le Adutts.
Financial actions incknled approwng ￿ p￿￿ou9 yearfs aCrX￿nts and app￿￿ThJ the 2025 bu(IgeL induding
one fulktime salary for potenlial recruibnent. frx which the PCC was reasonably confident to approve a
deficrfc.
Page 3

Th• P*rothial Church Couneil of thtr
Eccl•slas￿caI Parlsh of St Paul,
Cheltenham
Report olth• Trusto•s
fo¢ th• Y•ar End•d 31 D*¢ember 2024
The PCC were pleased to continue ffin8nrAal and oth8r support of our Missir￿ Partners.. Rapha Medica
INfvJerfal. Development Nepal. AbwThJ Ilndial and SuperkidzlChur(* Amy ILondonl. Ixtr primary link for
the work of SuFErkndz and Chur¢h AJMY, Nick Russell, retired in th8 surnrner of 2024. As a result, the PCC
decided rM)t to c￿tinue wth su￿r￿dl Miss￿￿ Partrw after the end of 21r24, leaw.ng 3 Mts&on
Partners going into 2025.
Finally, PCC once again revwed the on Miss￿￿ gi¥ing. We wil contin￿ to give al least 10% of
unrestricted income to èxtemal gMlVJ. In additi￿ to thè finanual support of th8 4 Mission Partners, PCC
mad8 gifts again to Inl8mational Jus￿8 MissK)n. Chrigtk?ns Agairtst Po¥*ty, Thè Rock. SavatK)n Amiy
Ikjcal wctim care) and Cheltenham's SPEAR Centre.
Flnaneial r￿•￿
On ordinary unrestricted fund5 receipts were £236.961 and total payments £236.317. On restricted
fvnds total receipts were £14.028 and total payments £2.476. Total receipts were therefore £250,989 and
total payments £238,793 a net rEsuM for the year of 8 Surp1￿ c* £12.196.
It is PCC policy to mwntain a ba&n￿ on unwtricied funds Irf p)ssiNel tts cover em8rgency situatlcfis th81
may arfse from lime to time. Thè PCC has funds to th9 Vgslrigs Building PTojecL Membership
Hardship, Communty Ha￿ship aThJ Organ.
It 15 PCC PL4icy to inv85t fund balanc85 in aoxwnts thal we cx)vered by the Finanaal Sèmcès
COMp9nsati￿ Scheme.
structure* gov8rnan¢e and management
Governing document
The charity B wntrolkny by ib ￿¥￿ng dcoJmenL a deed of trust and ￿l$tI￿rteS an uninc%)rporated
charty.
Re¢rul¢menl and appolntmont of now tFUStees
Th8 method of appointm8nl of PCC mèmbers B sel in the Church Representat￿n Rul08. All Church
att8ndees are encouraged to register on the E￿￿è1 Rdl and stand frjr pJe¢bon to the PCC.
Reference and admlnlstrallve <letslls
Re9l$tered Cha￿ty number
1130330
Prlnelpal addr•$8
St Paufs Church
St Paufs Road
Chettenh4rn
Gloucestershlre
GL50 4EZ
Page 3

The Parochlal Church Coun¢ll of th•
Eeel•siastieal Parish of St Paul,
Chdt•nham
R•port ofth• T￿tst￿8
tty th• Year Ended 31 Decernber 2024
PCC member5 who havo served from 1st January 2024 untll th• datè thls r•port wa5 approved are:
Incurnbent
Rev R w￿deCOMbe- Chairnmn
WaT(len$
Mr M Hirst- from April 2024
MrJ Platt
Elect￿ M¢mb¢rs
Mrs A Burton- Treasurer
Mr B B(K)Ih - Chair
Mr N Denniss
Miss S Hillman
Mr A Jenkins
Mr C Meredith
Mr D Chaff+ek
Mrs H Sh8ph8rd- from Awil 2024
Mrs L Pulley- frcffl April 2024
Rev D Baker. Ex-offiw. from ￿ri1 2024
Ind•pondent Examiner
Crowthers Chartered A{x￿nI8nts
15 St Georges Road
Cheltenham
Glou¢eslershire
GL50 3DT
7th 4Nil 2025
Approved by order of the b￿rd of I￿￿tee$ on ............................................. and s¥Jned on its behaw by..
Rev R Wldd￿￿be- Trustee
Ptye4

Ind•p•nd•nt Examln•fs R•portto th• Tru$t••8 of
The Parochlal Church Councll of the
E¢¢1￿last￿al Parlsh of St Paul.
Cheltenham
Ind8pendent examinerfs report to the trustees of The Par0￿131 Church Coun¢ll of th• E¢¢l•slastl¢al
Parl$h of St Paul, Chdtènham
I reFX)rt to the cl)arity twstees on my exarn￿at￿m of the acwjnts of The Parochial Church CourKil of the
E¢¢leslasJc74 ParBh of St Paul. Chehenham (the Trust) for the year ended 31 Decembar 2024.
Responslbllitle5 and b￿8 of report
A5 the charity INstees of the Trust you are restwsknle for the Fryarat*)n of the act￿nts in accordarKe
with the requirements of th8 chariti.es Act 2011 (kne Acri.
I report in re$ped of my examination of the Trusfs acccyjnts (￿led out undar Sgctiryh 145 of the Act and in
Car￿ng out my examination I have folb)wed ¥Jl appI￿able Direclion5 given by Ihe Charty Commission und
Section 1451SMbl of the knt.
Independent oxamln¢ts $tatwn¢nt
Sin¢e your charitys gfOS8 in¢(¥ne eX￿eded £250.000 your examiner must Èe a member of a listed b(*ty. I
can conffimi that l am qUal￿9d to undertake lh8 examination iwause l am a member of the Institutè of
Chartered Actountants in ENJlarKI Wales, LYE of the listed bodi88.
I h8V8 cx)mpbted my examinath)n. I confimi that no matters have c￿e b) my attents.on in
conne¢*'¢)n wth Ihe examinalw)n giving mè cause to bel￿¥8 that in any mater￿1 resp8cL
accwnting r8c(xds were nol kepi In resFeCt ofth& Trust as by Section 130 oflhe Act: or
the ￿ounts ¢Jo not accord vmh those recor(Is,' or
th8 accounts do rx)l Comp￿ wilh the appliL¥bkd requirern8nts con¢8ming thè ftsrrn and (x)ntent ol
attwnts set out in the Charilies lAC￿unts aThJ ReFwbl RegulatiC￿S 2008 other than any
reqU1￿ment that the accounls gNe a twe and fair view which is not a matter ￿lS￿￿ered as part of an
i1Mlep8ndent exarninatK)n.
I have no ¢on¢ems aThJ have come acros5 Th) other matters in connecti)n *ith the examinati)n to which
attention $hwlJ be drawn in thi5 rewl in order to enab￿ a propw understanding of the accounts to be
r88¢h8d.
Sara Crowth8r. FCA
Crowthèrs Chartered Acoyjntants
15 St Georges Road
Cheltenham
Gloucester5hir
GL50 3DT
Date. ....L*. .l..o..r.J.2knU-

Thg ￿rOth1O1 ChU￿h coundl ofthe
Ecclesiastical Parlsh of St Paul,
Cheft•nham
ststement ol Flnanelal Aeti¥iti8s
for the Y•ar End￿ 310•c•mbor 2024
2024
Total
fvrKIs
2023
Total
fijnds
fund5
fijnds
INCOME AND ENDOWMENTS FROM
Donations aThJ ￿gaGleS
14.028
242.672
240,208
Other trading a￿'V1he$
Investment income
2,529
5.788
2.529
5.788
1.940
Total
14,028
246,124
EXPENDITURE ON
¢harltabl• aeti¥itits
Mission and CharbtEs Fund
134.007
134,007
129,444
Other
102.310
2,476
122,898
Total
2.476
238.793
252.342
NET INCOMElIEXPEND￿uREl
11.552
12.196
16,2181
RECONCILIATION OF FUNDS
Totd funds br¢)ught forward
448.290
134.098
582,388
588,606
TOTAL FUNDS CARRIED FORWARD
448.934
145.650
594.584
582,388
CONTINUING OPERATIONS
AJI in￿[re and expenditure has arisen from contiThJiThJ ath￿0$.
The notes form p8rt 0f￿Se finarKial staternents

Th• Parochlal Church Council of t
E¢¢le8lastical Parish of St P￿(
Cheltenham
B•laneè Sheet
31 Decefflber 20
2024
Totsl
funds
2023
funds
fur¥Js
fund
Notes
FIXED ASSETS
Investment propety
250.C(
).orN) 250,000
CURRENT AsS￿s
Oebtors
Cash at bank in harwj
8,514
192.016
38
145.612
8,552
337,628
7,910
325,302
2￿),530
145,650
346,180
333.212
CREDrroRS
Amounts falling du8 Vrithin one yèar
10
{1.S96)
11,5961
18241
NEf CURRENT ASS￿$
198.934
332.388
TOTAL ASSEfs LESS CURREP
LIABILITIES
448,934
145,6YJ
S94,584
582,388
NET ASSETS
448.934
145,650
594,584
582.388
FUNOS
Unrestricted fijnds
R8slittèd funds
11
448,934
145,650
448,29)
134,098
TOTAL FUNDS
582.388
The financia staternents wer8 approved by 803rd of Tru5tee5 and authorts￿l frx issue on
nhApri12£)2S................ aThJ were signed on tts behalf by..
R Wi¢idecombé- Trustee
The notes form part of these ffftanci81 Slatern￿ts
Page 7

The Parochlal Church Councll of the
Eecl•siastical Parlsh of St Paul,
Ch•ltenham
Notas to th8 Financi￿ Statsm•nts
forthe Year Ended 31 December 2024
ACCOUNnNG POUCIES
Basls of proparlng the financlal 8tatem8rhts
The financial ststements tsl the charity. whth is a L*nefrt entrty under FRS 102, have been
pr￿are￿ in accordance with the Chariti05 SORP IFRS 1021 'A(tovnling and Reporbng by Chadues."
Staternent of R￿(￿rnended Prac1]￿ applicabse to ¢hanb"es preparing their accounts in accordanc8
with thé Financi￿ Rew)rling Slandard applirable in the UK and Republ￿ of Ireland IFRS 1021
leffective 1 January 20191.. Fina￿al Reporting Stsndard 102 The Finar￿181 Reporting Stsndard
applicablè in th8 UK and RepuNic of Ireland. and the Chanbes Act 2011. The financi?1 statemants
have been p￿pared under the historical cost convenb"on. a5 fTK)dffied by the rgvaluation of ￿rtain
These financial statements Ihe ytsar ende(131 D8cemb8r 2024 arg the first that are prepared Sn
accordance wlh FRS 102. The prevws finanoal statements were prepared in accordance wlh
Receipts and Paymants, Ihè datè of transitK)n is 1 January 2022.
Incom•
I Income Is recognised in the siatement of Financial Acbvit￿$ Or￿ the d)arrty has entiuement to the
ds, it is probable Ihat the income *ill be roce1V￿ and the amounl can be measured ￿lIably.
Expendlture
uabl1￿.es are rer))gnised as exp8nditure as swn as there i% a legal or ￿nst￿CtiVe obligation
commith.ng Ihe tharity to that expenditu￿. it is probable that a Iransfer of econ(mi¢ benefits will be
r8quired in Settlement and the arrMyJnt of Ihe dAigation ¢8n be meaSU￿d reliably. ExPe￿itUre is
accounted for on an ￿rual$ basks and has been dassified under headings that aggregate all (x)st
related to the category. Where costs cannot be dire¢dy attributed to particular headings they have
been alk)rated to actNths on a basis consi51ent ￿ Ihe use of rescMJrc8S.
Grants offered subject to cond￿01￿ vthich have not been met at the year 8tNJ date ale not8d as a
commrfmenl but no¢ a4xrue(l as expenditur8.
hw•sthi•nt propwty
Investment property is shown at m05t r￿n1 valuatm. kny aggrEgat8 surplus or doficrt arfsing from
changes in fair value is reiwii8ed in the Stat*￿en1 of Finanwl ktivsties.
Taxatlon
The charity is exempt from tsx on its ChariW￿ actsvit￿S.
Fund aKountSng
Unreslricted funds can te used in accordan￿ w7th the charitablg thj8CtNes at tho di9trètion of the
trustees.
Reslri¢ted funds can onty ￿ used for par￿JIa1 reslricted wrrAises within the objects of Ihe charity.
Restrictions arise %then Spetsf￿d by the dcTh)r or *then fuThJs are raised for parthyjlar restrict8d
Wrposes.
Furth8r &XrAanat￿ of nabjre and purrKJse of each fund i[￿luded in ts notes to the financial
ststerrents.
P4e8
o)nlinued...

Tho Parochlal Church Councll of the
Ecclesiastical Parish of St Paul,
Choftenham
Notes to th• Financial stat￿n8￿18- eontinu•d
for th• Y•ar EThd￿ 31 D¢￿Mber 2024
OTHER TRADING AcnviTIES
2024
2023
P*T(￿h181 feeg
Other
1.850
679
1.043
897
2.529
INVESTMENT INCOME
2024
2023
Rents receNed
Deposit account Interest
2,500
3,288
1.200
2.776
5.788
3.976
TRUSTEES. REMUNERATION AND BENEFITS
There were no trustees. remunera11￿ or other benefits for the year ended 31 Decembgr 2024 nor fcf
the year ended 31 Decembar 2023.
Trustees, expen
The￿ wewE no twstees, expEn58s pald for ts year eThJed 31 D￿rnber 2024 nrA for ￿ year endèd
31 De￿rnbtrr 2023.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTV4imES
Unlestr￿ted Restricted
fijnds
fund¥
fvnds
INCOME AND ENDOWMENTS FROM
DonatK)ns aThJ ￿aGleS
202,957
37,251
240,208
Other trading acti￿ts
Inv8strnent income
1,940
3.976
1,940
3.976
Total
208.873
37.251
246.124
EXPENDITURE ON
Charltablo actlvltl8S
Mlssion and Charities Fund
129,444
129,444
other
100.391
22,$07
122.898
Total
229.835
22.507
252.342
NET INCOMEIIEXPENDMJRE)
{20.962)
14.744
{6.2181
RECONCILIATION OF FUNDS
Total funds brovght fon¥ard
469.252
119.354
588,606
P8g8 9
c•Jntinued...

Th• ParoehEal Church Counell of the
Ecclesiastical Pwish of St Paul,
Ch•lt•nham
Not•# to the Finaneial Statam¢nts- ¢ontlnu•d
for th• Y•ar Ended 31 December 2024
COMPARATIVES FOR THE STATEMENT OF FINANCIAL AcnvmES - continued
Unrestri¢ied Restricted
lunds
funds
Total
ftjnds
TOTAL FUNDS CARRIED FORWARD
448,290
134.098
582,388
FUNDS
The PCC has decided to hdd onty workuig capiLal Ideffined as ore rnonth's unresthcted expendrturel.
which in 2025 will be approximat8ly QO,000, in its General lunreslricted} Fund and to hold any
surpluses in Ihe Contyngency Fund. Every rrK)nlh a r8gu18r transfer is made from the General Fund to
the Mission and Charibes Fund to ensure that Su￿ent fvnds ara availab18 to mak8 mission gifts
when required. FrAlowing thts the ne(tssary adjusIme￿t is made betr4een the GeTreral and
Ccnti￿erV FuThJs.
The Communrty Fund was set up lo assi$l peoF4e in the local cornmunity who are not church
ry￿mbers but are in par￿ular need. It L% lunde<l primarity by donatKJns from members.
The Hardship FuThJ is funded entire￿ by churth MeMb￿S and used to assist 0th8r church members
who are in partsojlar need.
IAISSION AND CHARrriES FUND
Donations made during Ihe year.
Church Amy £1.925
Superkidz Communty Trust £1.925
ABOUND £5,250
Rapha Medica Prqect £5,250
Developrnent Napal £5.250
SalvatKin Amy Vielim Car8 Fund £9)0
CAP Ch8tt8nham Debt CenbE £1,5(KJ
Inl8rnational Jusbce Mi%sion £1.500
The Rock £1,000
SPEAR £3,000
Childr8n* S£￿￿ty £1SO
Total £27.250
INVESThENT PROPERTY
Falr value
At 1 January 2024
aNI 31 Dècernbgr 2024
250.000
Net book value
At 31 Dec8rnb8r 2024
250,000
At 31 De￿rnber 2023
250,000
The propety was bequ•aU*d to the PCC in 2016 and in 2018 the PCC Y￿Ued the profft at the
Currant value of £250.000.
P￿10
continued...

The Parochlal Church Coun¢ll of th•
E¢cl•slastkal Parish of St Paul.
Chtitenham
Nolès to the Financial Stst•m•nts . eontlnuod
for th¢ Year Ended 31 Dgcember 2024
DEBTORS: AMOUNTS FALLING DUE wmiiN ONE YEAR
2024
2023
Income tsx r￿0v￿ab
8.552
7.910
10. CREDITORS: AMOUNTS FALUNG DUE VrnIIN ONE YEAR
2024
2023
824
11. MOVEMENT IN FUNDS
Net
rrM)vernent
fuThJs
Tran5feF5
t*tween
lunds
At 111r24
31112124
Unrestricted funds
Unr8Stiti8d Funds
Dasignated Funds
277.048
171,242
27,894
27,2501
127.8491
27.849
277.OWJ
171,841
448290
Restricted funds
Vestries Building Project Fund
Crynrnunty Fund
Hardship Fund
Organ Fund
124.(KJ1
1.052
7.611
12,500
1201
19281
136.501
1.032
6.683
1.434
134.098
11.552
145.650
TOTAL FUNDS
12,196
594,584
Net movement in fvnds. incbjtsj in the above are as fcAIows.'
Ino)miw¥J
Resources
r8suJrces expended
Movement
in funds
Unrèstrkt•d fundt
Unrestricted Funds
Designattd Funds
236,961
[209,L￿7l
27,894
Z36.961
1236.3171
Restricted lund¥
Veslrles Buillthng Project Fund
Communty Fund
Hardship Fund
12.500
10
12.5(X)
1201
9281
1301
2,4461
14,028
2,476)
11.552
TOTAL FUNDS
29),989
238,7931
12,196
P•Jg11
c#)ntinued...

The Parochial Church Couneil ot t
E¢de$la$lkal Parl$h of St Paul,
Chetteftham
Not85 to th• Plnandal Statements- Gontinu¢d
ft*rthe Year Ended 31 Decembor 2024
11. MOVEMENT IN FUNDS- continued
Comparavv￿ for movwn¢nt kn lund5
Net
movèmènt
Tri funds
Transfers
bèlwe8n
funds
At
31112123
At 111r23
Unr¢8trlcted fvnd¥
Unrestricted Funds
Designaied Funds
Youth Pastor FuThJ
276,973
119,846
72.433
29.136
{25.095}
129,C611
76,491
277.048
171,242
469.252
120.9621
448.290
Restricted funds
Vestries Building Project FUTr
Community Fund
Hardship F￿d
Organ Furnd
102,330
1,232
14.358
21,671
1180)
16.7471
124.001
1,052
7.611
1,434
119.354
14,744
134.098
TOTAL FUNDS
6.218
582,388
Comparatiw nat in funds. indLNJed in th8 above 8r8 as
Ins>Jffliro R8swrc4s Movement
Te$￿jrceS exFend&l
in funds
Unrgstrictgd funits
Un￿tricted Fun¢Js
DeS￿nated Funds
Youth Pastor FuThJ
1179,1621
125,6701
29,136
125.0951
575
208,873
{229.8351
{20,9621
R¢strkted fvnds
Vestries Building Prwect Fund
Community Fund
Hardship
39.000
2.750
117,3291
{2,9301
21.671
11801
37.251
TOTAL FUNDS
246,124
252.3421
6,2181
Paya 12
cx)ntinu8d...

Th• Parochlal Chureh Counell of t
E¢¢lesiasti¢al Parlsh of St Paul.
Chellenhwn
Notes to th• Fln&ncial Statem¢nts- wntinued
for the Year Ended 31 Otr¢•m￿r 2024
11. MOVEMENT IN FUNDS- ¢ontlnued
A current yeai 12 months aThJ prior year 12 mcth Ct>Tn￿"r￿d w)glk)n is as folows..
Net
movement
in fvnds
Transfers
bètW88n
funds
At
31112124
At 111123
Unrestricted funds
Unrestricted Funds
Designated Funds
Ytyjth Pastor Fund
276.973
119.846
72.433
57.030
{52,345)
25,0031
156.9101
104,340
47.4301
277.093
171,841
469.252
120.3181
448,934
R•stricted funds
V05tries BuildiThJ Proieci
Community Fund
Hartlship Fund
Organ Fund
102.330
1,232
14,358
1,434
34.171
1200)
17,6751
136.501
1.032
6,683
119,354
26,2
145,650
TOTAL FUNDS
5,978
594,584
A current year 12 months and year 12 monlhs cunbined net movement in funds. induded in Ihe
above a￿ as fdlm".
Incoming
Resources Movèment
resour￿ expended
fund¥
Unre5trlcted funds
unrestn.cted Funds
De5vJnatsd Funds
Youth Pastor Fund
445.259
575
1388,2291
152,9201
25 0031
57,030
152,3451
25,0031
445,834
(466,152)
20,3181
ROst￿tted funds
Vestnes Building Project F￿
C(Knmunity Fund
H8rdship Fund
117.3291
{2,9601
34,171
12001
2.760
51.279
26,296
TOTAL FUNDS
497,113
491.135
5.978
Page 13
cr￿tinued...

The P¥rochlal Chureh Counell of th•
Eccl8sia5tical Parish of St Paul.
14ot•s to the Financial Statements . Gontinu
for the Y￿r End¢d 31 December 2024
12. RELATED PARTY DISCLOSURES
There were Th) ￿led paty tranS&al￿ ts the yew ￿￿Yed 31 D8rxnber 2024.
13. FMIST YEAR ADovnoN
PrevK)u5ty ¢haty reported income and exp￿11￿￿ on a R￿eipts and Payments basis and a
balance sh88t on the 8CLYua15 basis. Therelore, the balarte sheet has been unaffected by the first
ye8r 8d0PtM￿. The increase on the Statement of Fina￿la1 ActNities is to red￿e funds by £5,174 in
2023.
P￿e 14

The Parochlal Church Coun¢ll of the
E¢¢leslastbcal Parish ol St P*1,
Ch•lt•nharn
Detailed Statement ol Flnancial Activiti08
for the Year Ended 31 D8cemb•r 2024
2024
2023
INCOME AND ENDOWMENTS
Donatlon$ and 18gaci05
Donalions
Gfftab
207.416
35,256
199,489
40.719
242,672
240.208
Other tradlng actl7AtI•s
Parothial fee5
Other
1.850
679
1,043
2,529
1,940
Investmont Incomè
Rents received
Deposit account interest
1.200
2,776
3,288
5,788
3,976
Total Incomlng resour
250.989
246,124
EXPENDITURE
Charitabl• activlll
MisS￿D and evang9bwn
Parish share
Clergy e¥penses
Church runniw expwtses
Churchyard maintenance
Grants to institutions
5.496
64,119
4,400
31.220
1.522
27250
6.817
59,920
4.663
29.878
2,496
25,670
134,007
129,444
O¢her
SUpp(￿t C(6ts
Administrat￿ costs
Other
Property repairs
1,9)7
2.287
91.518
9,394
19,699
6,966
969
104.786
122,898
Total resoJrc8s expgnd8d
t38,793
252,342
Not In¢ornellgxpgndl¢urel
12,196
6,2181
ThB page doe8 f(￿rn part olthe slatulw fww¢i81 sIalWn￿ts
Page 15