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2024-12-31-accounts

All Saints in95 Lan916y ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 THE PAROCHIAL CHURCH COUNCIL ALL SAINTS KINGS LANGLEY registered charty 1130374

THE PAROCHIAL CHURCH COUNCIL OF ALL SAINTS, KINGS LANGLEY Table of contents page number Trustees Annual Report (i) to (vi) Independent Examinerfs Report Statement of Financial Aclivitses Balance Sheet Notes to the Financial Statements 3to6

The Parnchlal Church Coun¢ll of All Salnts. Klngs Langley Financlal Statements for the year ended 31 December 2024 Trustses Annual Report Aims and The Parochial Church Council (PCC) of All Saints has the responsibility of cooperating with the incumbent in the ecclesiastical parish in promoting the whoIe mission of the church, pastordl. evangelistic. social and ecumenical. All Saints is one of four churches in the Benefice of Langelei but each church is led by ts own PCC and each parish has responsibilty for its own mission, ministy and finances. Ob"ectives and activities The PCC is committed to having at All Saints a welcomlng and open church which is energised by faith, open to change, especially in worship and liturgy, and attended by people of all ages who are activety involved in all aspects of a successful and joyful church. Insplred by the theology and themes around the name chosen for our church °All Salnts" somè 800 years ago. the PCC has defined its vision for the church as follows: °All Saints.. Ghurch in our community," community in our church. A welo)ming, open and inclusive church, which is eneryised by faith, open to change, espeaally in wwship & lituryy, and attended by people of all ages who are actively involved in all aspeds of a successfvl andioyfvl church.. The values of our church have been set out as: Growing • Joyful Caring Open Prayerful Our Mi&8ion Action Plan priorthes continue to be to: Attract new worshippern of all ages. Build relationships with the local communty. Make the church building inspirational for 2181 Century Mlssion and Mlnisty. In the revlew carried out in September 2024. it was confirmed that the progress of reordering and the evolution of the Friends of All Saints (FOAS) continue to be importantr however, goals for the next two to three years in our Mission Adion Plan (MAP) were agreed as: To have a welcomlng (xlture, nurturlng ongoing relationships. To engage with c*)ildren and young adults. To nurture disciples, helping members grow in the knowledge and in confidence as followers of Jesus.

AchIeve￿Ents and Worshi and All are welcome to attend our Se￿I￿s. At the end of 2024 the￿ were 119 parlshlonets on the electordl roll (2023: 111) who are mostly residenl In the parfsh. 'Church in the Wild, conllnues to attract around 30 children and 30 adults. with an average attendance of 2(k30 every month. Monthty <xJmmunion services are held in bolh the Ixre homes in the village. and (x)Ilecllv8 W(￿ShiP is led by Fr. James at Abbovs Hill School at least once half term. We have recentty stsrted a weekly Wednesday moming prayer session. The average attendance in peTson at our m81n Sunday Eucharist was malntained at 60 adults and 5 children. Addltionally an average of 6 people were worshipping online for the INestream selv1￿, wlth many additional viewers watchlng the reLX)rdings online. For Ihe Christmas services, 220 attended our Crlb & Christingle service (180 in 2023); and 678 people attended servlces In person over Chrfstrnas Eve and Chrlstsnas Day (690 In 2023). In addition to the services described, All Salnts participated in leading th8 Churches Together Lenl Course; Invlted donations for the Foodbank at the Hary8St Festival; held a seNlce at All Souls ttde for remembrance of the departed; hosted a short outdoor Servlce of Remembranlx on 10th November in the churchyard, whlch Included unifomied organisations and communlty representstives. and was attended by ab￿t 400 people (2023: 300); and hosted a nurnber of special choral servlces, Induding a Choral Evensong. We celebrated 16 baptlsms and five weddings, and held elght funerals in church this year. as well as (x)nducted 10 Burials of Ashes In our churchyard. (2023: 15 baptisms: six weddlngs; nlne funerals in church; nlne al the cremalorium; and nlne Burlals of Ash88). We enhance our wy)rshlp through the actlvltle8 of the choir. who meet once a week to pr8Ct18e and who perfonn regular Choral Evensongs that comprlse fizz and cake to create a welcoming acllvlty. Furthernwre, we have a team of bellrlngers who also convene weekly to practise. and tsams who (xeate flower arrangements around the ChU￿h and prepare the altar for worship. Two members of the PCC sit on th8 Deanery Synod. This provides the PCC with an Important Ilnk belween the parish and the wlder struC￿re of the church. The lay representstlves also liaise wlth the membern of our churches to share good practice. to arrange joint tralnlng locally, and to en(x)urage fellowship belween the churches. The ministers have continued to meet at deanery chapter. for 8uppor( ideas sharing and fellowship. A deanery walking pllgrimage to St. Albans was held in the summer. The Team Council provides a fonjm where the four parishes within tho Beneflce of Langelel can consult on matters of common concem.11 has specific responsibilty for the finance matters of the Benefice through a sub- group comprlsed of the four Honorary Treasurers of each parl8h. ft also a)thln8tes communication requlrements throughout the Benefice, through the website. The meetlng of the Team Council continues to foster good relalions between the churches. The ministy team (Fr James McDonakl, Mtr Ajlce Joll8y and the Rev Llzzie Hood. Team Rector and Vlcar at Leverstock Green) continued to meet on a weekly basis in 2024, Lizzie Hood retirlng at the end of April 2024 and Fr James becoming Team Rector. We look foThvard to the Rev Dr DSana Stretton replacing Lizzie in Aprll 2025 and glve our good wlshes to Mtr All￿ WIKJ Is leavlng In July 2025. Pastoral care The Drop-ln Coffee Momlng ￿)ntinUed througho(rt 2024. offering coffee and fellowship for anyone who wanted the opportunity to chat with others from the village and surrounding area. Fr. James has continued to keep In

touth with everyone online via a weekly e-newsletter and Signpost. arKI via occasional hard copy letters to those who are not online. The Pastoral Forum - a group which shares in the ministy of Pastoral Care with Fr. James- was re-established in the last quarter of 2023 and conlinued throughotrt 2024. The monthly Good Grief Cafe started at the end of 2024 to offer support to those coping with loss. Around 30 people attended the first session. Tiny Tots continued to meet on a Wednesday throughout 2024, with an average attendan￿ of 20 parents and children. Mission and n Helping those In need is a demonstration of our faith. The PCC has adoptsd a policy of donating at least 10% of our annual surplus; donattons have been made as set out below: Watford FC former players dub - for Ukraine Watford centre for the blind Kings Langley Community Choir child￿n'S Society Hospice of St Francis Cancer Research 50 50 300 850 850 Total In addition to the donations made above. we also had a special colleclion on Remembrance Sunday - the seNice collection of £173 was remitted to the Royal British Legion. A number of outreach. fundraising and other aclivitses have helped All Saints to make contact with people from across the local communty. Fundraising and social a￿1vilieS held in the year have Induded: continued parkncipation in the Village Marke( which is now well established in the Village Garden and church." 'Let There Be Lighf. where lights are sponsored in memory of loved ones; and the Men's Group and the Women's Group, which held a number of varied activities throughout the year. Following the success of the 2022 and 2023 Beer Festivals. the church ran its thlrd Beer Festival in the autumn of 2024. held over three days. The first day was for ovw 18s onty. and the second and thlrd days were for families and included a bouncy castle. Tr Be Festival was very successful. both financialty and in meetlng our misslon of drawing people into the church over 800 people coming through our door. The church a)ntinued to host and facilitate a foodbank. and to support foodbanks in two of the other churches in the Benefice. The foodbank volunteers include a number of people from the wider ￿MmunIty, and there is a committee which oversees the foodbank (in all three locations) on behalf of the PCC. chaired by local resident Jad(ie Lintern until the end of December. We have also partnered with Kings Langley Foolball Club on collection of donations, advertising, and ChristsTras appeals. Fr. James (xjntinued hts link with Abbofs Hill School. and the church Thointsined its links with Kings Langley Primary School at the Christmas Tree Festival. All Saints continued to parther with Youth across Hemel to wn 'The Summit, youth dub at Kings Langley Senior School. Since September, this activty expanded from one. to two days each week. mainly encompassing Year 7 and Year 8 pupils. and attracting between 10 and 30 young people across the sessions.

We are fortunate to be supported by an aclive Friends of All Saints group (FOAS), who raise fvnds to maintain the fabric of the building. Activities in 2024 induded qulz nighc ￿tIldh, and wine tasting events. Further progress was made with our reortsing prdect. The aim of the project is to help enable us to realise our Mission Action Plan {MAP) priorities and to work towards our vision for the church as a place which is not only welcoming, but Inspiring as a pla￿ of prayer. worship and gathering, and engaged with the local communty. The committee agreed a process for appointing an architect to carry out the initial plans as exhibited to the congregation and communty, with the 3D model being pr&sented to PCC. WO￿ (Y)ntinued with the creation of a business plan. and an initial approach was made to the Nation81 Lottery Heritage Fund. The committee will continue to consult with the DAC, heritage bodies and amenty societies as necessary. I lation The church Is a member of Churches Together and has partlclpated In the events held joinlly. These induded a Lent Course, a Christian Aid joint service. Remembrance Service. and Carols in the village Garden, the latter being run by Chrislian Ald. Financial review In 2024, we made a surplus of £11,642 - achleved through the efforts of many. Fundraising income before costs {£41k) exceeded planned regular giving before Gtft Ard (£34k) - highlighting once again our dependency on such activities. Income was boosted thanks to Ihe amazing results from a muftiplicty of fundraising events, induding regular ones such as the monthly Village Market; established favourites such as the Christmas Tree Festival; and newer ones like the Beer Fests'val. As ever, costs were controlled tighty. The largest slngle cost was the parish share of £66.098: the parish share is made up of (a) a stipend contribution of £37,092 and (b) a minbsty support contrtbution of £29.006, which COV8rs actx)mmodatlon costs for the dergy and a o)ntributton to diocesan costs. The full parish share cost was then reduced by a diocesan grant of £1,000 to ease our three-year transition to supporting the cost of Fr. James becoming full time at All Saints. PCC agreed to transfer £5,821 of the surplus figure quoted above to replenish the Fabric Fund in anticipation of a number of capital projects planned for 2025. As a result.of Ihis surplus. and after the transfer to reserves, our general reserves at end of December 2024 increased to £34.451. There are a number of funds in this category and they are described below. At the end of 2024, the Trl Sleat Legacy fund stood at £16.284 and the Roof Replacement Fund. vthich was set aside from the legacy, stood at £20,000. There was no movement on Ihese two funds during the year. The Fabric fund stood at £34,857 at the end of the year. The Junior Choir Fund was used to fund the first yearfs eMplo￿￿nt of our new Direcior of Muslc. there was a residual balance of £100 at year end. From 2025 this cost will becx)me part of our nornwl operating costs. The Children & Youth Outreach Worker fund remains at £2.000 as we were unable to recrult to this post during the year.

The Trish (Jvden legacy knnd remalns designated for Reordering purposes. The fund stcmxl at £138,869 at the end of the year. having been used io pay for the design fees of the ￿)nSUltants who were appointed durlng the year. A grant of £275 was received from Kings Langley Camlval for the purpose of setting up a bereavement café some years ago, and this is being carried forward. It is PCC policy to maintain at all times a minimum cash balance of £20,000 - thls being the equNalent of three months, worth of experKliture viewed as critical. At the year-end. cash balances, induding short term deposits held. totaued £247,373 {2023: £247.410). Volunteers We would like to thank all our volunteers who each in their own way work hard to look after our church and to promote and undertake our Mlssion and Mlnlsty. All those who volunteer enabled us to work towards our goals and priorrties to further Ihe whole Mission of God. in this place. While this responslblllty rests with the PCC and Team Vicar, it is a group effort. and as trustees we are very grateful for Ihe mu&bneeded support. Structure ovemance and mana ement The PCC is a corporats body established by the Church of England. The PCC operates under the Parochial Church Council Powers Measure. The PCC is a registered charity. The membershlp Is made up of the Incumbent, churchwardens, and members elected by those members of the congregation who are on the electoral roll of the church. Members can also be co-opted to Joln the PCC. The PCC members are responsible for making decisions on all matters of general concern and importance lo the parish, induding decKling on how funds of the PCC are to be spent. The full PCC met six times during the year with an average attendance of 71 %. Given its wi(fe'fesponsibilities. the PCC has a number of committees. each dealing wlth a particular aspect of parish life. Th&se committees - which include pastoral care. fabrlc arKI finance - are all responsible to the PCC and report bad( to it regularly, minutes of their decisions being received by the full PCC and discussed as necessary. Rel There were no payments made lo any connected person. Administrative informali All Saints Church is part of the Diocese of St. Albans within the Church of England. The COffesporKlence addr&8s is Church Lane. Kings Langley, Herts. WD4 8JS. The church is registered wlth the Charlty Commlssion, reglstered charity 1130374.

The PCC members who have seNed at any time from 1 January 2024 until the date that this report was approved are sel out below. Ex-officio members: Incumbent Churchwardens The Reverend James McDonald Andrew Wragg Keith Gower (from 21 April 2024) Sheila Ashman (till 21 April 2024) Elected and COknOPted members: Carolyn Andrews. Chair of Fund Raising Committee, representative on and Secretary of Deanery Synod Sophie Dowling, Secretary Lynne Head, Safeguarding officer Patricia Humberstone, Honorary Treasurer Simon Isherwood. Chair of the Fabric Committee Ingrid Allen. representative on Team Council Sheila Ashman. representative on Deanery Synod Susan Brazier Christopher Hughes Lee Lewis Eric Martin (from 21 April 2024) Brian McAdam (from 21 April 2024) Alicia Southgate Approved by the PCC on 27th March 2025, and signed on their behalf by the Chair vi

Independent ExamlneVs Report to the Parochial Church Councll of All Salnts, Klngs Langley I report on the accounts of the Parochial Church Counal ("PCC") for the year ended 31 December 2024 which are set out on pages 1 to 6. Respectlve responslbllftles of the PCC and the examlner The members of the PCC are responsible for the preparation of the accounts. The PCC consider that an audit is nol required for Ihis accounting year (under Section 144(2) of the Charities Act 2011 (the 2011 Act)) and that an independent examination is needed. It is my responsibility: to examine the accounts under Section 145 of the 2011 Act., to follow the procedures laid down in the Generdl Directions given by Ihe Charity Commissioners under Seclion 145(5)(b) of the 2011 Act; and to state whether particular matters have come to my attention. Basls of Independent examlnerfs report My examination was carried out In accordance with the General D1￿ctionS given by the Charity Commissionets. That examination indudes a ￿VIeW of the accounting records kept by the PCC and a comparison of the accounts with those records. It also indudes considering any unusual items or disdosures in the accounts and seeking explanations from you as trustees conceming any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit. and consequently no oplnion is given as to whether the accounts present a "true and fair vie and the report is limited to those matters set out in the statement below. Independent Examinerfs statement In connection with my examination. no matter has come to my attention: (1) whith gives me reasonable cause to believe that, in any material respect, the requirements: to keep accounting records In accordance with seclion 130 of the 2011 Act; and to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act have not been me( or (2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. Roger Wltts, Bsc Msc CEng 150 Chambersbury Lane Hemel Hempstead HP3 8BE 26 February 2025 vll

THE PAROCHIAL CHURCH COUNCIL OF ALL SAip¥rs. iaNGS LANGLEY STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEIABER 2024 Uftrestrlctod ilnrnstrlcted Designated Funds Funds 2024 2024 Restrlcted funds 2024 Totsl 2024 Total 2023 INCOME Voluntary Incory Activllles for generaling funds IncoTh from investff*nts 28 56.195 49.512 8,352 5.041 12,875 69.254 49.512 62.938 45,435 8,556 2b 8.352 Church adivtties 2d TOTAL INCOME 119 100 184 132 159 122 404 EXPENDITURE Church activities 38 92.197 27,266 119.647 115,250 Ralsing funds TOTAL EXPENDITURE 3b 107 458 184 134 908 129 714 NET INCOMEIIEXPENDITURE) 11.642 (14.391) (2.749) (7.310) TRANSFER BETWEEN FUNDS (5.821) 5.821 NET MOVEMENf IN FUNDS 5.821 (8.570) .749) 17,310) Totsl funds b￿ught foward 28,630 220,680 275 249.585 256,895 Total fvnds carrtod forward 212 110 275 246 836 249 585

THE PAROCHIAL CHURCH COUNCIL OF ALL SAINTS, KINGS LANGLEY BALANCE SHEET AT 31 DECEMBER 2024 2024 2024 2023 Note CURRENT ASSETS Debtors Short term deposits Cash at bank and in hand 11,467 205,258 42,115 13,805 230,389 17,021 258.840 CURRENT LIABILITIES Creditors amounts falling due within one year (12.004) (11,630) TOTAL NET ASSETS 246.836 249,585 PARISH FUNDS Unrestricted Unrestricted designated Restricted 34.451 212,110 275 28,630 220.680 275 246,836 249.585 Approved by the Parochial Church Council on 27 March 2025 and signed on their behalf by the Chair

THE PAROCHIAL CHURCH COUNCIL OF ALL SAINTS. KINGS LANGLEY NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 1 Accountlng polkles 18 The PCC Is a publtc benefft enlty Mthin the meanlng of FRS102. The financial statemenls have been p￿pared under the Chartiies Act 2011 and in acco￿anCe wtth the Chuth Accounting Regulations 2006 goveming the indivrdual ac(y)unts of PCCS. and with the Regulations °true and falr Vie￿ provisions. Ihey have been prepared under FRS102 (2016) as the applicable ac(x>unting Standards and the 2016 versbn of the Stateffenl of Reu)ffmended Prad1￿. Accounting an¢J Reporting by Chariiies {SORP (FRS102)) 1b Assets Consocratsd and befieflce property In so far as consecrnted and benefice propety of any ktnd ts excluded f￿rn the statutory definÉlion of 'charW by Se¢tton 10 Pa) and Pc) of the Chaths A( 2011 such assets are not capilalised in the fnandal Slate￿nts 1 c Funds Unrestrlcted funds These represent the Income funds of the PCC that are avallable for spendlng on the general purpose of the PCC. Unr•strlcted deslgnatad ￿ndS These represent unrestricted in(x)nE funds of Ihe PCC that the PCC has ag￿ed lo deJnate for such pu￿OSeS as buying ￿ed assets for its ovm use or for spending on a future Pr0￿cl. It is ￿1th1n the remit of the PCC lo "undesignate. unrnstrfcted deslgnated funds Restrlcted fimd¥ Restricted funds arise vthere the PCC has rnceived rtK)ney for a partkukr pu￿Ose. Income generated from assets in a rest1k￿ed fund &8 generalty subfvct to the rnslri¢tion as th8 fund the assel belongs to.

THE PAROCHIAL CHURCH COUNCIL OF ALL SAIKfs. KINGS LANGLEY NOTES TO THE FINANCIAL STATEIENTS FOR THE YEAR ENDED 31 DECEMBER 2024 ¢onttnued 2 INCOME unrn$lr1￿d Unrestrl¢ted De$lgnal•d Restrlcted Funds Funds Total Total 2024 2024 2024 2024 2023 28 Volunlary Income Planned giving Gift Atd Tr¢ove￿d 33.552 9.296 12.777 570 33.552 9.296 25.195 1,211 69.254 35.028 11,399 10.200 6,311 62,938 Colledions & donati)ns 12,418 457 Granl 184 56.195 12.875 184 2b Acllvllles lo gen•rat• fun(ts Fund Taising events Hall letting 41,439 8,073 49.512 41.439 8.073 49,512 39.369 6,066 45,435 2¢ Income from Investments Bank & CCLA depostt fund Interest 8,352 8,352 8,556 2d Incomo from church a¢llvltles Fees from weddings & funerals 5.041 5,041 5.475 Total Income 119,100 12.875 132.159 122.404 2e The Fabiic fund benefftted fffjm privale donatlons tot8llH)g £10.700, this helped fund repa1￿ to Ihe r8rndos. The Fabrfc fund also recetved a donatton from Ihe Bell Ringers to cover the full cost of ￿plac1ftg the bell clappe The £1,211 Grant Inco￿￿ above is n*d8 up of £1.027 LirAed Place of Wornhip grnnt and £184 from the Leverslo¢k Green Relyious Education Fund The Listed Place of Wotship grant Es credtted to the rrAlntenance cAtegory that tncuThed the original VAT Therefore £570 was uedited to ffAlnlenance and £457 was aEdtted to the Fabiic fund The grant of £184 funded our subscriptlon to ROOTS

THE PAROCHIAL CHURCH COUNCIL OF ALL SAINTS, KINGS LANGLEY NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 ¢onttnued 3 EXPENDITURE Unr•8trlctsd Unrn•lrfcted D•slgnatod Rostrlctsd Funds Fundg fvnds 2024 2024 2024 Total 2024 Tolal 2023 3a Church a¢tsvltle8 Partsh Share Our share of benefic (x)sts vtcarfs expenses OrganL8t and muslc Maintenance - variou8 Lawnrmwer Sound system Reredo8 8ellg Qulnquennl81 costs Heatlng repalrs Reorderfng Heat and Ilght Water Insurance Cleanlng & Supplles Saolsty & church 8xpense8 Chartlable 9lvlng Chlklran & Youth ￿t)rf¢ 65.098 5,581 629 1.894 1,288 65,098 5.581 629 7,894 2,444 59.736 4,971 1,046 4.697 5,079 2,273 1,690 8,000 1,156 1,755 2.054 1,755 2.054 1,425 1,600 12.917 5,519 331 4,345 1.566 4,986 2,600 469 16,301 16,301 5,106 556 4.550 1,748 3,226 2.440 265 119,647 5.106 556 4,550 1,748 3,226 2.440 81 184 92,197 27,266 184 115,250 3b Ralslng Fund• Fund raising events c08ts 15,261 15,261 14,464 Totsl EXpond￿r0 107.458 27.266 184 134.908 129,714 4 Staff ¢￿ts Durlng the year the PCC on behalf of the Benoflca employed a part thne administrator for vknom the gro88 salary cost aft￿Unted to £13.555 (2023: £13.187). The c0818 IncuTrd by the benefice (being the saL8ry st of the adnlnlstralor as ￿￿71 as 1018phon8, broadband, photocopylng. postage and stattonery) are apportloned to the four ¢tsrthes In proportbn to the Churrh Memb6rshlp figurns used by the Dlocese in its calculatton of Pa￿h Share. During 2024 our sharn was 31.2% {2023.' 29.8%). S Paymont to connected parlla8 No p8yn*nt or expenses paid to any mertler of the PCC or persons closety connected to them.

THE PAROCHIAL CHURCH COUNCIL OF ALL SAINTS. KINGS LANGLEY NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 conllnued 6 Short tsrni deposlts 2024 2023 Hampshirn Twst Bank CambrMJge & Countss Bank 2 year fred matuiing Apill 2025 Redwood Bank 95D notice ac￿Unt Redr>od Bank one year bond maturfng Aprf 2025 CCLA Church of Engfand Deposit Fund 85.000 85.000 10.532 67.607 65.000 72,651 205,258 69.857 230,389 7 Funds Summary of fund movemonts In the year Balanco at 1 January 2024 Transfer R•sources boiween expendèd Balanco at 31 Deeomber 2024 In¢omlng rosourc•8 Unrostrlctsd Fund8 General fund 28.630 119,100 107.458 5,821 34.451 Unre8trlctsd Doslgnatyd Funds Til Sleat lègacy Roof replaoment fund Fabric Fund Junlor Cholr Fund Children and youth wother Fund Trish Owden legacy Reordering 16.284 20,000 21.126 6,100 2.000 155,170 220,680 16.284 20.000 34.857 100 2.000 138,869 212,110 12,875 (4.965) (6,000) 5,821 16.301) 7.266 12.875 5,821 Restrlcted funds Friendshiplbereavennl café Lever5tod( Green REF ROOTS subs 275 275 184 184 184) (184 275 275 Total funds 249.585 132.159 134.908) 246,836 7a In 2019 the PCC designated £20.000 of the Tri Sleat legacy to 8 Roof Replaceff*nt Fund to ensure that the potenllal cost of replacement mof coutd be ￿t 7b Fabric Fund - PCC approved the tsansfer of £5.821 from the surplus for the year lo the Fabiic Fund 7¢ The Junlor Cholr Fund used to fund the fi￿t yeafs employrnnl of our Dtrector of Music leaving a resldual balance of £100 7d The T￿ Owden legacy Reorderfng fund vrd$ Used to pay by instameTrt the deson fees of our appolnted consutiant Archangel Llmlted. these fees armunled to £16.301 in 2024