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2024-12-31-accounts

THE PAROCHIAL CHURCH COUNCIL OF HOLY TRINITY CHURCH, SKIPTON AND ST AUGUSTINE'S CHURCH, DRAUGHTON

UNAUDITED ANNUAL REPORT AND FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST DECEMBER 2024

REGISTERED CHARITY NO. 1130348

Parochial Church Council of Holy Trinity, Skipton and St. Augustine's, Draughton Contents

For the year ended 31st December 2024

Page
Church information 1
Report of the Church Council 2 - 4
Independent examiner's report 5
Statement of Parochial Church Council's responsibilities 6
Statement of financial activities 7
Balance sheet 8
Notes to the financial statements 9 - 17

Parochial Church Council of Holy Trinity, Skipton and St. Augustine's, Draughton Report of the Church Council For the year ended 31st December 2024

Legal and Administrative Information:

Holy Trinity Church is situated on the High Street, Skipton. It is part of the Diocese of Leeds within the Church of England. The correspondence address is Rectory Cottage, Rectory Lane, Skipton, BD23 1ER. The Church is a charity registered in England & Wales, and a public benefit entity.

Members of the PCC are either ex-officio or elected at the APCM in accordance with the Church representation rules. During the year the following served as members of the PCC:

Rector The Rev Canon Dr James Theodosius
PCC Secretary Melanie Bundock
Churchwardens James Gould
Katrina Mattock
Deanery Synod Representatives Charles Dobson
Licensed Reader Roger Lowans
Elected Members Andrew Wroot (To serve until the APCM in Spring 2025)
Melanie Bundock (To serve until the APCM in Spring 2025)
Janet Gregory (To serve until the APCM in Spring 2025)
Jane Turner (To serve until the APCM in Spring 2025)
Jane Filby (To serve until the APCM in Spring 2026)
Jill Maloney (To serve until the APCM in Spring 2026)
Linda Liggett (To serve until the APCM in Spring 2026)
Jane Breare (To serve until the APCM in Spring 2027)
Charles Dobson (To serve until the APCM in Spring 2027)
Martin Garner (To serve until the APCM in Spring 2027)
Bankers Barclays Bank plc
49 High Street
Skipton
North Yorkshire
Cooperative Bank
1 Balloon Street
Manchester
M4 4BE
Independent Examiner Laura Brain FCA
4 Windermere Rise
Bailiff Bridge
Brighouse
West Yorkshire
HD6 4FH

1

Parochial Church Council of Holy Trinity, Skipton and St. Augustine's, Draughton Report of the Church Council For the year ended 31st December 2024

Achievements and Performance - Review of the year

Churchwardens’ report

The legal requirement for the churchwarden’s report is to confirm that there have been no changes to the fabric (possessions) of the church, which we are able to do.

Churchwardens are elected annually at the Annual Parochial Church Meeting (APCM). Their term of office is one year, and they may serve for up to six consecutive years. They are the bishop’s officers and are admitted to office each year by the Archdeacon, on behalf of the bishop. During 2024 James and Katrina were pleased to attend the swearing in service for churchwardens, which is a requirement each year, usually around June or July.

Their first responsibility is to the bishop, usually via the Archdeacon and the parish priest. We are generally responsible for ensuring the life of the parish runs smoothly, not to do all the tasks ourselves but ensure they are carried out; and to support the Rector - it can be a lonely calling, and the support of the churchwardens can be vital as well as being a critical friend.

We’ve not been able to fill the official third churchwarden role for several years and this year was no different. Therefore, at the APCM in April 2024, we launched a new initiative to support the Churchwardens on a Sunday morning in preparing for the service and afterwards. This is currently being referred to as the “Sunday Team”. Clarissa Jarvis joined this team, which is and has been extremely supportive and has eased the burden of both churchwardens having to be present each Sunday. Thank you for your time Clarissa, your talent and friendship. We’d welcome two other volunteers to join the “Sunday Team. If you’d like to know more about what this role entails, please do speak to the Churchwardens Katrina or James and prayerfully think if this is a role you could take on.

The Churchwardens have met, on average, every fortnight and form part of the Standing Committee, which helps shape the agenda for the PCC meetings, had a presence at the fortnightly Staff Meetings, part of the Safeguarding team, attended the heating project meetings, Draughton Committee plus various other meetings, when called upon to do so.

We take pride in being your Churchwardens and want to thank you for the time many of you have given during 2024 in keeping the various roles and responsibilities compliant. We are mindful of everyone’s capacity and the importance of ensuring the workloads are shared wherever possible. Is there anything you like to be involved in?

Report from PCC secretary

In 2024 the PCC held the usual 6 meetings plus one extraordinary meeting. The purpose of the extraordinary meeting was to discuss the quantity surveyor’s report for the heating and accessibility project which had just been received and where it was found that the cost of the project had doubled from the architects’ original estimate. It was decided at that meeting to split the project into two stages but to stay committed to the whole project. Stage one would be the new heating and stage two would include the work needed to make the church fully accessible, plus the accessible toilet, the outer glazed porch door, the new storage room for the café and repainting the church.

By July we were still waiting for approval from the council’s heritage consultant for the heating project and a decision was taken to abandon the architects’ original proposal of siting the ASHPs on the café roof and to re-site them along the path to the north west of the church. The September PCC meeting finally saw planning permission being granted and the grants fundraising team were able to start work on applying for funding from various sources, for example the Church of England’s Demonstrator Project and the National Heritage Lottery Fund. In November an up-to-date quantity surveyor’s report was commissioned and a noise survey was agreed as required by the council as part of the planning permission.

2

Parochial Church Council of Holy Trinity, Skipton and St. Augustine's, Draughton Report of the Church Council For the year ended 31st December 2024

Other decisions taken during 2024 were, for example, to attend to the damp problem in the NW corner of St. Augustine’s which was mentioned in the quinquennial report received at the beginning of the year. Also, it was agreed to increase hire charges for the vestry rooms at Holy Trinity and to start charging for Thanksgiving for Marriage and Memorial services.

Due to a shortage of licenced clergy, it was reluctantly agreed in June to reduce the number of services at St. Augustine’s to two a month.

In September it was agreed to rent a new photocopier for the Parish Office and woodworm was found in the organ which has now been repaired.

In November it was agreed to purchase a memorial book and a glass case in which to house it for St. Augustine’s.

The Peace, Justice and Environment group suggested keeping Sudan, St. George’s Crypt and Martin House as our mission partners for another year. This would be reviewed later in 2025 after consultation with the congregation. We would continue to support Skipton Food Bank through donations in kind.

I have highlighted the main events which took place during 2024 but many other decisions were taken and it was a year of mostly frustration regarding progress on the heating and accessibility project and worry about the spiralling costs, mainly due to inflation. Fortunately we can now begin to see the project starting to move forward again.

Worship and Church Attendance

The rhythm of worship in our two churches and church school continued well in 2024, the Sunday Family Communion at Holy Trinity attracting on average 74 people and the Dales Family Service at Draughton 13. Collective Worship at Parish School is led by one of the clergy every Thursday and the school celebrates the major festivals and the term endings in the church. Holy Communion is held at Abbeyfield and the Dales Nursing Home every month.

It has been good to see new members helping to lead the readings and intercessions and we are very blessed by their gifts, as we are with our organists and musicians, who give faithfully and help lift our voices in thanksgiving; as indeed do the fabulous bellringers. Morning and Evening Prayer is both a form of prayerful constancy and faithful outreach, meaningful for some as the only contact with church and for others as a gradual way in.

Sacred Space held once a month on a Sunday has focused on different themes and we have hosted visiting speakers, amongst them representatives of the Diocesan Sudan Mission Link; Martin House Hospice; and artist John Allcock whose Green Man exhibition was held in the cafe space.

The Wednesday BCP Communion continues to provide a necessary coming together midweek and is a source of continuity and comfort. In addition to the above rhythm, a monthly service of Healing and Wholeness was introduced in September and also a weekly Contemplative Prayer on Fridays.

The major festivals and civic services have been very well attended and we have also had some memorable and joyful community celebrations, amongst them, the Confirmation Service with the Bishop of Ripon where three of our congregation were confirmed; the outside Sheep Day Festival Service; a Love, Marriage and Relationship Celebration Service which concluded the Wedding Dress Exhibition; and an upbeat Santa Fun Run Service inspiring our runners to raise money for the heating fund.

During the year we welcomed many new members of the congregation and it is wonderful to see them joining in with the life and witness of the church. We continue to struggle keeping a consistent attendance at our children’s club on a Sunday and at the Dales Service in Draughton. This of course, is down to many factors, but should be the focus of thought, resource and imaginative thinking in the future.

At the APCM in April 2024 there were an estimated 162 parishioners on the Church Electoral Roll. The Roll is regularly updated with additions and deletions by the Electoral Roll Officer, and a full update will be carried out in time for the 2025 APCM.

3

Parochial Church Council of Holy Trinity, Skipton and St. Augustine's, Draughton Report of the Church Council For the year ended 31st December 2024

Volunteers

We would like to thank all the volunteers who work hard to support our mission. In particular we would like to thank our church wardens and all the other members of the PCC for their valuable contribution to our ministry and for keeping the church running so well.

Financial Review

The financial position continues to improve modestly. The majority of planned giving is now via the Parish Giving Scheme, which significantly reduces the administrative work involved in accounting for the income and in claiming Gift Aid. Net income from the cafe continues to increase and to make a very substantial contribution to our overall income; for this we are extremely grateful to all those involved, who give their time and energy free of charge to support the outreach of the church.

Another significant development is the increase in donations from visitors to the church, in part due to the installation of a card giving machine. Income from hiring out the church or vestry room also makes a very welcome contribution.

As noted above, the PCC has given approval in principle for a major project to renew the church's heating, in a way which aims to achieve carbon neutrality by 2030, and to improve the accessibility of the church. Many of the donations and fund-raising activities in 2024 have been specifically earmarked for this project and this is likely to remain our main focus for fund-raising in the foreseeable future.

The net result of these various developments was that we have again been unable to meet in full our contribution to the diocese. At the beginning of the year we thought (optimistically) that the work on the new heating system might begin in the autumn, disrupting the income flow from the shop and café. To avoid drawing too much on our reserves we therefore set aside £86,000 in the budget for the year as our contribution to the Parish Share. In the event the outturn was more favourable than expected and we have allocated a further £3,000 to the Parish Share, which will be paid in 2025. In addition the PCC have agreed to transfer a total of £17,000 to the restricted fund for the heating and accessibility project.

Reserves Policy

The Church aims to hold unrestricted reserves equivalent to six months expenditure to provide working capital. The total unrestricted reserves are £64,721 (2022: £54,943) which is well below this level.

Risk Assessment

The Church Council members have assessed the major risks to which the church is exposed, and are satisfied that systems are in place to mitigate such risks.

The PCC continues to monitor and implement statutory legislation. In particular, collation and storage of data continues to follow GDPR regulations.

Safeguarding

We continue to follow the requirements of the Church of England’s safeguarding policy as set out in guidance by the House of Bishops. We have adopted the diocesan safeguarding dashboard and hub and ensure that all volunteers with significant roles in the church and café have received and maintain appropriate training. We receive regular updates at each PCC meeting from our safeguarding officer, highlighting any further action needed.

Public Benefit

The PCC have complied with the duty in section 17(5) of the Charities Act 2011 regarding public benefit in deciding what activities the Church should undertake. In particular the guidance on Advancement of Religion for Public Benefit has been considered and complied with.

Approved on behalf of the Parochial Church Council on 11 May 2025 by:

Mr J Gould PCC Vice Chair

Mr J C Dobson PCC Treasurer to 31 December 2024

4

Independent examiner's report to the trustees of the Parochial Church Council of Holy Trinity, Skipton and St. Augustine's, Draughton For the year ended 31st December 2024

I report to the trustees on my examination of the accounts of the Parochial Church Council of Holy Trinity, Skipton and St. Augustine's, Draughton for the year ended 31 December 2024.

Responsibilities and basis of report

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

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

Independent examiner’s statement

The company’s gross income exceeded £250,000 and I am qualified to undertake the examination by being a qualified member of the Institute of Chartered Accountants in England and Wales (ICAEW).

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

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

Laura R Brain FCA 4 Windermere Rise Bailiff Bridge Brighouse West Yorkshire HD6 4FH

12 May 2025

5

Parochial Church Council of Holy Trinity, Skipton and St. Augustine's, Draughton Statement of Parochial Church Council's responsibilities For the year ended 31st December 2024

The council members are responsible for preparing the accounts in accordance with applicable law and United Kingdom Generally Accepted Accounting Practice.

Law applicable to charities in England and Wales require the council members to prepare accounts for each financial year which give a true and fair view of the financial activities during the year and of its financial position at the end of the year.

In preparing accounts giving a true and fair view, the council members should follow best practice and:

The council members are responsible for keeping accounting records that disclose, with reasonable accuracy, the financial position of the charity, and which enable them to ascertain the financial position of the charity and which enable them to ensure that the accounts comply with the Church Accounting Regulations 2006. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

6

Parochial Church Council of Holy Trinity, Skipton and St. Augustine's, Draughton Statement of Financial Activities For the year ended 31st December 2024

Unrestricted Funds

Note
Income from:
Donations and legacies
2(a)
Fundraising activities
2(b)
Investments
2(c)
Church activities
2(d)
Other
2(e)
Total income
Expenditure on:
Charitable activities
Church activities
3(a)
Raising funds
Fund raising trading costs
3(b)
Other
6
Total expenditure
Transfers between funds
Net movement in funds
Reconciliation of funds:
Total funds brought forward
Total funds carried forward
Net income/(expenditure)
General Designated
Total
2024
Total
2023
£
£
£
£
£
92,760
100
77,506
170,366
105,739
69,091
-
9,306
78,397
60,473
6,280
-
14,659
20,939
22,190
15,679
-
-
15,679
10,692
-
-
-
-
754
183,810
100
101,471
285,381
199,848
138,693
-
39,756
178,449
162,273
20,191
-
-
20,191
19,956
985
-
-
985
2,464
159,869
-
39,756
199,625
184,693
23,941
100
61,715
85,756
15,155
(17,000)
-
17,000
-
-
6,941
100
78,715
85,756
15,155
24,125
33,555
303,636
361,316
346,161
31,066
33,655
382,351
447,072
361,316
Restricted
Funds

The fund analysis for the year ended 31 December 2023 is detailed in note 15.

7

Parochial Church Council of Holy Trinity, Skipton and St. Augustine's, Draughton Balance Sheet

For the year ended 31st December 2024

Note
Fixed assets
Investment in subsidiary undertakings
4
Current assets
Debtors
7
Investments:
CCLA Deposit Account
Cash at bank:
Current Account (Holy Trinity)
Current Account (St. Augustine's)
Deposit Account
Liabilities
Creditors: amounts falling due within one year
8
Net current assets
Total net assets
The funds of the Church:
Unrestricted (General):
General Fund
Unrestricted (Designated):
Memorial gift fund
10
Restricted:
Garden fund
10
St Augustine's Fabric Reserve Fund
10
Flower fund
10
Bell Tower Fund
10
Heating fund
10
Memorial gift fund (Thomas Drake)
10
2024
2023
£
£
£
£
1
1
15,517
14,304
299,406
280,978
82,636
31,035
1,178
841
53,749
36,073
452,486
363,231
(5,415)
(1,916)
447,071
361,315
447,072
361,316
£
£
£
£
31,066
24,125
33,655
33,555
33,655
33,555
599
599
354
-
51
21
6,233
2,871
218,844
8,534
156,270
291,611
382,351
303,636
447,072
361,316

Approved on behalf of the Parochial Church Council on 11 May 2025 and signed on its behalf by

Mr J Gould PCC Vice Chair

Mr J C Dobson PCC Treasurer to 31 December 2024

8

Parochial Church Council of Holy Trinity, Skipton and St. Augustine's, Draughton Notes to the Financial Statements For the year ended 31st December 2024

1. Accounting policies

Basis of accounts preparation

The financial statements have been prepared in accordance with the Church Accounting Regulations 2006 together with applicable accounting standards and the Statement of Recommended Practice "Accounting and Reporting by Charities" FRS102 version effective 2019.

The financial statements have been prepared in sterling 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. The financial statements present information about the church as an individual entity and not about its group. 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.

Fund accounting

Restricted funds represent;

(a) income from trusts or endowments which may be expended 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.

Unrestricted funds are general funds which can be used for PCC ordinary purposes.

Designated funds are unrestricted funds earmarked by the Church Council members for particular purposes.

Income

Planned giving, collections and donations are recognised when received.

Tax refunds are recognised when the income to which they relate is received.

Grants and legacies are accounted for when the PCC is legally entitled to the amounts due, the income is probable and can be measured reliably.

Gifts in kind are accounted for by a reasonable estimate of their value to the PCC or the amount they actually realised, if sold.

Dividends are accounted for when receivable, interest is accrued. All other income is recognised when it is receivable. All incoming resources are accounted for gross.

Expenditure

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 Share is accounted for when due. Other expenses are recognised on an accruals basis as a liability is incurred. Expenditure includes VAT and is reported as part of the expenditure to which it relates:

Expenditure on raising funds comprises the costs associated with attracting voluntary income and the costs of trading for fundraising purposes including the Church shop and cafe.

Expenditure on charitable activities comprises those costs incurred by the Church in the delivery of its activities and services for its beneficiaries.

Expenditure on other expenses include the costs associated with meeting the constitutional and statutory requirements of the Church.

Tangible fixed assets

Consecrated and beneficed property is not included in the accounts in accordance with s.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 may require a faculty for disposal are inalienable property, listed in the church's inventory which can be inspected (at any reasonable time). For anything acquired prior to 2000 there is insufficient cost information available and therefore such assets are not valued in the financial statements.

9

Parochial Church Council of Holy Trinity, Skipton and St. Augustine's, Draughton Notes to the Financial Statements (continued) For the year ended 31st December 2024

1. Accounting Policies (cont.)

Tangible fixed assets are valued at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:

Church equipment

20% straight line

Individual items of equipment with a purchase price of £1,000 or less are written off when the asset is acquired.

Investments

Investments are valued at the mid-market value at the balance sheet date and the gain/loss taken to the Statement of Financial Activities.

2. Income

Unrestricted Funds

(a)
Gift Aid Donations
Non Gift Aid donations
Tax recoverable
Cash collections
Collections for distribution
Donations, appeals etc.:
General/sum up
In Church Safe/sum up
St Augustine's Fabric Reserve
Bell Tower donations
Heating funds
Memorial Gift Fund Income
(inc Legacies)
(b) Fundraising activites
Fund raising events
Café
(c) Investments
Bank interest
HTSSG donation
(d) Church activities
Use of Church and Vestry
Wedding & funeral fee income
HTSSG rent
(e) Other
Misc income
Photocopying
Collections:
Donations and legacies
Planned giving:
General
Designated
Total
2024
Total
2023
£
£
£
£
£
50,646
-
-
50,646
48,628
1,372
-
-
1,372
1,542
14,989
-
-
14,989
11,470
6,821
-
-
6,821
7,258
-
-
2,080
2,080
2,052
22
-
30
52
181
18,910
-
-
18,910
16,052
-
-
1,832
1,832
5,608
-
-
3,698
3,698
250
-
-
69,866
69,866
7,661
-
100
-
100
5,037
92,760
100
77,506
170,366
105,739
2,256
-
9,306
11,562
4,309
66,835
-
-
66,835
56,164
69,091
-
9,306
78,397
60,473
73
-
14,659
14,732
12,493
6,207
-
-
6,207
9,697
6,280
-
14,659
20,939
22,190
5,885
-
-
5,885
5,265
9,074
-
-
9,074
4,707
720
-
-
720
720
15,679
-
-
15,679
10,692
-
-
-
-
754
-
-
-
-
-
-
-
-
-
754
Restricted
Funds

10

Parochial Church Council of Holy Trinity, Skipton and St. Augustine's, Draughton Notes to the Financial Statements (continued) For the year ended 31st December 2024

3. Expenditure

Unrestricted Funds

(a) Church activities
Missionary and charitable giving
Ministry
Diocesan Share
Rectory cottage rent and expenses
Church and Services
Insurance premiums
Lighting, heating and water
Repairs and maintenance
Replacement equipment
Caretaking, cleaning and refuse
Sacristy
Service books and prayer cards
Organists fees
Church music
Organ and piano maintenance
Bell ringers
Wedding & funeral fees paid out
Sundry expense
Education and youth groups
Church management and administration
Church administrators
Advertising and signage
Stationery, printing and postage
Gen. admin. and office upkeep inc. phones
Memorial gift fund - maintenance costs
Heating project
Bell Tower fund
(b) Raising funds
Café expenditure
Café staff costs
General
Designated
Total
2024
Total
2023
£
£
£
£
£
-
-
2,080
2,080
2,052
89,000
-
-
89,000
96,000
3,844
-
-
3,844
2,616
9,304
-
-
9,304
8,820
10,214
-
10,214
12,005
3,896
-
1,478
5,374
12,124
286
-
-
286
116
33
-
-
33
168
1,562
-
-
1,562
1,619
494
-
-
494
696
2,625
-
-
2,625
1,410
133
-
-
133
127
1,690
-
-
1,690
1,120
1,430
-
-
1,430
110
723
-
-
723
1,873
506
-
506
504
445
-
-
445
705
9,151
-
-
9,151
8,327
-
-
726
2,105
-
-
2,105
1,497
1,252
-
-
1,252
1,287
-
-
-
-
6,814
-
-
35,862
35,862
1,473
-
-
336
336
84
138,693
-
39,756
178,449
162,273
12,416
-
-
12,416
12,937
7,775
-
-
7,775
7,019
20,191
-
-
20,191
19,956
Restricted
Funds

11

Parochial Church Council of Holy Trinity, Skipton and St. Augustine's, Draughton Notes to the Financial Statements (continued) For the year ended 31st December 2024

4. Investment in subsidiary undertakings

The Holy Trinity Skipton Support Group Ltd (HTSSG Ltd) was incorporated on 14 July 2006 and commenced trading on 1 September 2006. HTSSG Ltd is a general trading company, limited by shares, which is required by its Memorandum of Association to donate its pre-tax profits to the PCC of Holy Trinity, Skipton and St Augustine's Draughton.

The Leeds Diocesan Board of Finance owns the whole of the share capital on behalf of the PCC. This consists of 1 £1 ordinary share.

Cost
At 1 January 2024 & at 31 December 2024
Net book value
At 31 December 2023 & at 31 December 2024
Shares in
subsidiary
undertaking
£
1
1

During the year payments were made to PCC of Holy Trinity Church consisting of rent of £720 (2023: £720) and donations under gift aid of £6,207 (2023: £9,697). There was a balance of £9,151 (2023: £9,247) included in debtors at the year end.

12

Parochial Church Council of Holy Trinity, Skipton and St. Augustine's, Draughton Notes to the Financial Statements (continued) For the year ended 31st December 2024

**5. ** Staff costs 2024 2023
£ £
Wages and salaries 16,926 15,346

During the year, the PCC employed 6 (2022: 6) part time staff, none of whom earned £60,000 p.a. or more.

Payments to PCC members

No fees or expense payments were made to the members of the PCC.

6. Other costs

Quinquennial inspection - Draughton
Independent Examiner's fees
2024
2023
£
£
-
1,396
985
1,068
985
2,464

13

Parochial Church Council of Holy Trinity, Skipton and St. Augustine's, Draughton Notes to the Financial Statements (continued) For the year ended 31st December 2024

7. Debtors

Other debtors
Amounts due from subsidiary undertakings
Prepayments and accrued income
2024
2023
£
£
5,846
210
9,151
9,247
520
4,847
15,517
14,304

Amounts due from subsidiary undertakings include amounts due over one year of £6,050 (2023: £6,050).

8. Creditors: amounts falling due within one year

Accruals 2024
2023
£
£
5,415
1,916
5,415
1,916

9. Funds

The Designated Funds comprise the following:-

The Memorial Gift Fund contains donations and legacies received in memoriam. The fund is used for the purchase of various items of appropriate furnishings or aids to worship.

The Restricted Funds comprise the following:-

The Garden Fund contains donations for the general upkeep of the Church gardens.

The Flower Fund contains donations for flowers in the Church.

The Memorial Gift Fund restricted elements are legacies given specifically for the repairs and upkeep of the church. £150,000 of this fund is to be used towards the heating project at Holy Trinity.

The Heating Fund is to be used to fund a new heating system at Holy Trinity.

The Bell Tower Fund contains donations for the repair and maintenance of the bell tower and bells.

The St Augustine's Fabric Reserve Fund is to be used for repairs at St Augustine's.

Other funds received for specific projects and purposes were fully spent during the year.

14

Parochial Church Council of Holy Trinity, Skipton and St. Augustine's, Draughton Notes to the Financial Statements (continued) For the year ended 31st December 2024

10. Fund Movements

Fund Movements
At 31
At 1 January December
2024 Income Expenditure Transfers 2024
£ £ £ £ £
Designated funds:
Memorial Gift Fund 33,555 100 - - 33,655
33,555 100 - - 33,655
Restricted funds:
Garden Fund
St Augustine's Fabric Reserve Fund
Flower Fund
Bell Tower Fund
Heating Fund
Donations collected and passed on
Memorial Gift Fund - Thomas Drake
599
-
21
2,871
8,534
-
291,611
-
1,832
30
3,698
79,172
2,080
14,659
-
(1,478)
-
(336)
(35,862)
(2,080)
-
-
-
-
-
167,000
-
(150,000)
599
354
51
6,233
218,844
-
156,270
303,636 101,471 **(39,756) ** 17,000 382,351
Analysis of net assets by fund
Unrestricted fund:
General
Memorial Gift Fund
Restricted funds:
Garden Fund
St Augustine's Fabric Reserve Fund
Flower Fund
Bell Tower Fund
Heating Fund
Memorial Gift Fund - Thomas
Drake
Unrestricted funds (designated):
Fixed
assets
£
1
-
-
-
-
-
-
-

Investments
£
-
-
-
-
-
-
-
-
Current
assets
£
36,480
33,655
599
354
51
6,233
218,844
156,270
Current
liabilities
£
(5,415)
-
-
-
-
-
-
-
Non-
current
liabilities
-
-
-
-
-
-
-
-
Fund
balances
£
31,066
33,655
599
354
51
6,233
218,844
156,270
1 - 452,486 (5,415) - 447,072

11. Analysis of net assets by fund

15

Parochial Church Council of Holy Trinity, Skipton and St. Augustine's, Draughton Notes to the Financial Statements (continued) For the year ended 31st December 2024

12. Related party transactions

Transactions with Holy Trinity Skipton Support Group Limited (HTSSG), a wholly owned subsidiary of the PCC, are shown in note 4 to the accounts.

Payments made to PCC members for expenses are disclosed in note 5 to the accounts.

13. Financial commitments

The grant received from Listed Places Of Worship Roof Repair Fund of £26,083 for the repair of the roof is repayable if the funders terms and conditions are broken within 10 years of the projects completion (i.e. before 4 February 2026).

16

Parochial Church Council of Holy Trinity, Skipton and St. Augustine's, Draughton Notes to the Financial Statements (continued) For the year ended 31st December 2024

15. Statement of financial activities for year ended 31 December 2023 (comparative year)

Unrestricted Funds Unrestricted Funds Unrestricted Funds
St. Restricted Total
Note **General ** Designated Augustine's Funds 2023
£ £ £ £ £
Income from:
Donations and legacies 2(a) 81,579 5,037 3,516 15,607 105,739
Fundraising activities 2(b) 58,127 - - 2,346 60,473
Investments 2(c) 9,697 - - 12,493 22,190
Church activities 2(d) 10,692 - - - 10,692
Other 2(e) 754 - - - 754
Total income 160,849 5,037 3,516 30,446 199,848
Expenditure on:
Charitable activities
Church activities 3(a) 134,641 - 7,275 20,357 162,273
Raising funds
Fund raising trading costs 3(b) 19,956 - - - 19,956
Other 6 1,068 - 1,396 - 2,464
Total expenditure 155,665 - 8,671 20,357 184,693
Net income/(expenditure) 5,184 5,037 (5,155) 10,089 15,155
Transfers between funds (2,335) - 6 2,329 -
Other recognised gains/(losses): 2,849 5,037 (5,149) 12,418 15,155
Gains on investment assets - - - - -
Net movement in funds 2,849 5,037 (5,149) 12,418 15,155
Reconciliation of funds:
Total funds brought forward 21,276 28,518 5,149 291,218 346,161
Total funds carried forward 24,125 33,555 - 303,636 361,316

17