LirrLE SHELFORD Annual report and accounts 31" December 2024
ALL SAINTS LITTLE SHELFORD PCC
Annual report and accounts 2024
| Contents | Page |
|---|---|
| Church office address and bankers | 1 |
| Annual report | 2-3 |
| Independent examiner’sreport | 4 |
| Statement of financial activities | 5 |
| Balance sheet | 6 |
| Notes to the accounts | 7-15 |
Church office address
All Saints Church Church Street Little Shelford Cambridge CB22 5HG
Bankers
Barclays Bank plc Leicester LE87 2BB
Cambridge Building Society Woollards Lane Great Shelford Cambridge CB22 5LZ
Independent Examiner
S G Berrriman Chater Allan LLP 7 Quy Court Colliers Lane Stow-Cum-Quy CB25 9AU
1
ALL SAINTS LITTLE SHELFORD PCC
Annual report 2024
Background
All Saints Little Shelford Parochial Church Council (PCC) has the responsibility for co-operating with the rector, Revd Simon Scott, in promoting in the ecclesiastical parish the evangelistic and pastoral mission of the Church.
Membership
Members of the PCC are ex officio, elected by the Annual Parochial Church Meeting (APCM), or co-opted, in accordance with the Church Representation Rules.
During the year the following served as members of the PCC: Incumbent: Revd Simon Scott Curate: Revd Gideon Emmanual Lay Minister (LLM) : Neil Wade (From June 2024) Diocesan Synod member: David Brock Deanery Synod members: Clive Ayling, Liz Halliday Wardens: Justin Cross; Clive Ayling Co-opted: Neil Wade (until June 2024)
Elected members:
- David Brock, Emily Button, Derek Fraser, Tim Glauert, Fiona Law, Caroline Bewes, Christopher Catherwood, Sarah Nye
Secretary:
Alison Hynds
Lay members of the PCC receive no formal induction and training. Any member of the congregation on the electoral roll may stand for election to the PCC. The patron (with the right to appoint an incumbent when a vacancy arises) is the Bishop of Ely.
Safeguarding
The PCC has appointed Revd Dr Derek Fraser as the Parish Safeguarding Officer (PSO). There have been several incidents that have been reported to the Diocesan safeguarding team with one matter being referred on to the Charity Commission. We have revised and updated the safeguarding policy and designed good practice guidelines for use on a day-to-day basis. The website has been updated for safeguarding to make the reporting of concerns and incidents more straightforward and accessible. We continue to develop a greater awareness of the need to be an open and transparent church thereby creating a safe church culture.
Committees
The PCC operates through a number of groups and committees, which meet between full meetings of the PCC:
External Mission Group:
Joan Church, Clive Ayling, Angela Palmer (Chair) , Pui Ip, Garth Hulland, Revd Gideon Emmanuel
Remit – to recommend giving projects and amounts to the PCC and to encourage interest in and prayer for these projects. The PCC’s policy for 2024 was to make grants totalling 20% of budgeted planned giving (including tax recovery) for the year to home and overseas mission partners. This will reduce to 15% of planned giving in 2025.
Finance and Standing Committee:
Incumbent (chair), Wardens, Treasurer, Neil Wade
Remit – to take decisions between PCC meetings (for subsequent PCC ratification as necessary) and to consider items for the PCC agenda.
Fabric Committee:
David Brock, Simon Conway-Smith, Dr John Coppendale, Justin Cross (Chair), Paul Danes, Kaye Scupham, Rich Scupham, Neil Wade, Tim Dean, Charles Kingdon
Remit – the planning and supervision of all works relating to the church building, the North Building, and the churchyard.
The Fabric committee met in February, June, and September 2024. During the year various projects have been completed including resurfacing of churchyard paths, the replacement of the vestry door, and repainting and reflooring of the North Building. An arboricultural survey of the churchyard and recommended tree surgery has been performed. The annual safety inspection was conducted in August 2024.
2
ALL SAINTS LITTLE SHELFORD PCC
Annual report (continued)
Church attendance
Average attendance was around 135 on a typical Sunday across three services, and the number on the electoral roll at the APCM was 113.
Financial review
The income for the year ended 31 December 2024 was £303,994 (2023: 284,158), of which £35,375 was given for specific work on the church fabric. Planned giving was £242,611, an increase of 3 % from last year’s total of £ 235,141. Gift Day income fell from £7,697 in the previous year to £6,453. Unplanned giving to the General Fund, including collections, fell to £11,901 from the high level of £33,333 the previous year. Other income was derived from fees, the bookstall, and the charges arising from activities. Investments yielded a slightly higher income of £1,400 and the value of those investments rose by £847.
Resources expended amounted to £343,972, a significant increase from £267,696 the previous year, due mainly to expenditure on the church fabric and the appointment of a youth worker. Expenditure on activities directly related to the work of the church was £301,418 (2022: £225,546). Missionary and charitable grants this year were very similar 2023, at £42,553 compared to £42,150 the previous year. Expenditure on the church fabric rose to £59,494 from £14,950 in the previous year, mainly due to the cost of the new paths in the churchyard and refurbishment of the North Building, leaving a deficit of £2,408 in the Fabric Fund.
Net outgoing resources for the year showed a deficit of £39,978 compared to a gain of £16,461 in the previous year. After investment gains the loss for the year was £39,131 compared to a gain of £19,646 the previous year. At the year end the net assets were £92,050 (2022: £131,181).
The PCC has sufficient reserves, organised into restricted, designated and general funds, as described in note 9 to the accounts.
Responsibilities of the members of the PCC in relation to the accounts
The PCC is responsible for all parish finance, its management and control, including the appointment of a treasurer. Its legal responsibilities include:
-
Keeping proper accounting records, which are sufficient to show and explain all the PCC’s transactions and must include a record of all relevant assets and liabilities. The records must:
-
(i) show and explain all the PCC’s transactions
-
(ii) disclose the PCC’s financial position at any time
-
(iii) enable the required accounts to be prepared
-
(iv) show on a day-to-day basis all receipts and payments and what they were for
-
(v) include a record of all assets and liabilities.
-
Ensuring that the finances of the PCC are under its control and only delegated if the PCC can ensure that its wishes will be followed.
-
Preparing annual accounts and a report, which shall be presented to the Annual Parochial Church Meeting in accordance with the requirements of the Church Representation Rules.
-
Arranging for an independent examination of the accounts.
Plans for future periods
The programme of activities in 2025 will continue to focus on the church’s mission.
Our part- time assistant minister for music moved to a new job in June, our youth and children’s minister continues in post and the curate stays on, now ordained as priest.
We continue to emphasise the importance of our work amongst families and are therefore planning to refresh our marriage and parenting ministries.
We continue to strengthen our volunteer teams, with a renewed emphasis on safe recruiting.
We continue to consider how best to attract and reach out to people who have not come to services in the past.
Approved by the PCC via email on 7[th] February 2025 and signed on its behalf by:
Tim Glauert Treasurer
3
ALL SAINTS LITTLE SHELFORD PCC
Independent Examiner’s Report
| Report to the trustees/ members of On accounts for the year ended Set out on pages |
All Saints Little Shelford PCC | All Saints Little Shelford PCC | All Saints Little Shelford PCC |
|---|---|---|---|
| 31st December 2024 | Charity no (if any) |
1130554 | |
| 5 to 15 |
-
Respective responsibilities of The charity's trustees consider that an audit is not required for this year (under section 144(2) trustees and examiner of the Charities Act 2011 (the Act)) and that an independent examination is needed. It is my responsibility to:
-
examine the accounts (under section 145 of the Act),
-
to follow the procedures laid down in the General Directions given by the Charity Commission (under section 145(5)(b) of the Act), and
-
to state whether particular matters have come to my attention.
Basis of independent My examination was carried out in accordance with General Directions given by the Charity examiner’s statement Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the accounts.
Independent In the course of my examination, no matter has come to my attention examiner's statement 1. which gives me reasonable cause to believe that in, any material respect, the trustees have not met the requirements to ensure that:
-
proper accounting records are kept (in accordance with section 130 of the Act); and
-
accounts are prepared which agree with the accounting records and comply with the accounting requirements of the Act; or
-
to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
| Signed: Name: Relevant professional qualification(s) or body: Address: |
Date: | |
|---|---|---|
11 April 2025 |
||
| S G Berriman | ||
| FCA FCCA | ||
| Chater Allan LLP | ||
| 7 Quy Court, Colliers Lane | ||
| Stow-Cum-Quy CB25 9AU |
4
ALL SAINTS LITTLE SHELFORD PCC
Statement of financial activities
for the year ended 31 December 2024
| Unrestricted | Designated | Restricted | Total | Total | ||
|---|---|---|---|---|---|---|
| funds | funds | funds | 2024 | 2023 | ||
| Notes | £ | £ | £ | £ | £ | |
| Incoming resources | ||||||
| Incoming resources from donors | 260,090 | 35,375 | - | 295,465 | 276,171 | |
| Other ordinary incoming resources | 7,129 | - | - | 7,129 | 6,683 | |
| Income from investments | 603 | - | 797 | 1,400 | 1,304 | |
| Total incoming resources | 2 | 267,822 | 35,375 | 797 | 303,994 | 284,158 |
| Resources expended | ||||||
| Activities directly related to the work | ||||||
| of the church | 239,620 | 59,495 | 2,304 | 301,418 | 225,546 | |
| Grants | 312 | 42,241 | - | 42,553 | 42,150 | |
| Total resources expended | 3 | 239,932 | 101,736 | 2,304 | 343,971 | 267,696 |
| Net incoming/(outgoing) resources | 27,890 | (66,361) | (1,507) | (39,978) | 16,461 | |
| Transfers between funds | 9b | (60,500) | 59,000 | 1,500 | - | - |
| Other recognised gains and losses | ||||||
| Gains on investments | ||||||
| - Unrealised | 6 | 191 | - | 656 | 847 | 3,185 |
| Net movement in funds | (32,419) | (7,361) | 649 | (39,131) | 19,646 | |
| Funds at 1 January | 9b | 86,851 | 13,906 | 30,424 | 131,181 | 111,536 |
| Funds at 31 December | 54,430 | 6,546 | 31,074 | 92,050 | 131,181 |
5
ALL SAINTS LITTLE SHELFORD PCC
Balance sheet
at 31 December 2024
| 2024 | 2023 | ||
|---|---|---|---|
| Notes | £ | £ | |
| Fixed assets | |||
| Investments | 6 | 37,875 | 37,028 |
| Current assets | |||
| Debtors | 7 | 13,135 | 13,657 |
| Cash at bank and in hand | 56,234 | 85,276 | |
| 69,369 | 98,933 | ||
| Creditors:amounts falling due within one year | 8 | 15,194 | 4,780 |
| Net current assets | 54,175 | 94,153 | |
| Net assets | 92,050 | 131,181 | |
| Funds | |||
| Restricted funds | 9b | 31,074 | 30,424 |
| Unrestricted funds: | |||
| Designated funds | 9b | 6,546 | 13,906 |
| General Fund | 9b | 54,430 | 86,851 |
| Total funds | 92,050 | 131,181 |
Approved for issue by the Parochial Church Council and signed on its behalf by
………………………………………….. ……………………………………… Clive Ayling (Churchwarden) Tim Glauert (Treasurer) 10th February 2025
Charity Commission Registration No. 1130554
6
ALL SAINTS LITTLE SHELFORD PCC
31 December 2024
Notes to the accounts
1. Accounting policies
Accounting convention
The accounts have been prepared in accordance with the Church Accounting Regulations 2008,the Charities Act 2011, the Financial Reporting Standard applicable in the UK and Republic of Ireland (‘FRS102’) and the Statement of Recommended Practice applicable to charities (‘Charities SORP’), effective from 1 January 2019. Buildings have been excluded from the accounts in accordance with the Charities Act 2011. The accounts have been prepared under the historical cost convention except for the valuation of investment assets, which are shown at market value.
Funds
~~General funds represent the funds of the PCC that are not subject to any restrictions regarding their use and~~ are available for application on the general purposes of the PCC. Funds designated for a particular purpose by the PCC are also unrestricted.
Incoming resources
Voluntary income Collections are recognised when received. Planned givingto which Gift Aid has already been added is recognised only when received. Income tax recoverable on gift aid donations is recognised in the period when ~~the associated income is recognised. Grants and legacies are recognised when they are notified to the PCC~~ . Income from events, book sales and other similar income is accounted for gross. Other ordinary income Fees and similar income are recognised on a receivable basis. Investments Dividends and interest are accounted for when receivable. Realised gains or losses are recognised as they arise. Unrealised gains or losses are accounted for on revaluation of investments at the balance sheet date.
Resources expended
Grants ~~Grants and donations are accounted for when paid over, or when awarded, if that award creates a binding~~ obligation on the PCC. Activities directly relating to the work of the Church The ministry share is accounted for when payable. Any amounts unpaid at the balance sheet date are provided ~~for within creditors.~~ General expenditure General expenditure is accounted for on the accruals basis, as soon as a liability arises.
Tangible fixed assets
Consecrated land and buildings and movable church furnishings Consecrated and beneficed property is excluded from the accounts by s10(2)(a) and (c) of the Charities Act 2011. No value is placed on movable church furnishings held by the churchwardens on special trust for the PCC and which require a faculty for disposal since the PCC considers this to be inalienable property. All expenditure incurred during the year on church buildings and furnishings is written off in the statement of financial activities. Other fixtures, fittings and office equipment
Equipment used within the church premises if over £10,000 is depreciated on a straight line basis over 3-5 years.
Fixed asset investments
Investments are valued at market value at the balance sheet date.
Operating lease agreements
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are included in the Statement of Financial Activities on a straight line basis over the period of the lease.
ALL SAINTS LITTLE SHELFORD PCC
Notes to the accounts
31 December 2024
| 2. Incoming resources | |||||
|---|---|---|---|---|---|
| Unrestricted | Designated | Restricted | Total | Total | |
| funds | funds | funds | 2024 | 2023 | |
| £ | £ | £ | £ | £ | |
| Incoming resources from donors | |||||
| Planned giving | 239,201 | - | - | 239,201 | 231,476 |
| Income tax recoverable | 2,535 | 875 | - | 3,410 | 3,665 |
| Collections and unplanned giving | 11,901 | 34,500 | - | 46,401 | 33,333 |
| 253,637 | 35,375 | - | 289,012 | 268,474 | |
| Gift Days (including tax recoverable) | 6,453 | - | - | 6,453 | 7,697 |
| 260,090 | 35,375 | - | 295,465 | 276,171 | |
| Other ordinary incoming resources | |||||
| All Saints Tots (toddler group) | 1,039 | - | - | 1,039 | 1,189 |
| Fees, bookstall and other income | 5,811 | - | - | 5,811 | 5,494 |
| Grants Received | 279 | - | - | 279 | - |
| 7,129 | - | - | 7,129 | 6,683 | |
| 267,219 | 35,375 | - | 302,594 | 282,854 | |
| Income from investments | |||||
| Dividends and interest | 603 | - | 797 | 1,400 | 1,304 |
| 267,822 | 35,375 | 797 | 303,994 | 284,158 |
8
ALL SAINTS LITTLE SHELFORD PCC
Notes to the accounts
31 December 2024
3. Resources expended
| 3. Resources expended | |||||
|---|---|---|---|---|---|
| Unrestricted | Designated | Restricted | Total | Total | |
| funds | funds | funds | 2024 | 2023 | |
| £ | £ | £ | £ | £ | |
| Activities directly relating to the work of the Church | |||||
| Ministry: diocesan ministry share | 66,040 | - | - | 66,040 | 67,352 |
| ministers' expenses | 26,140 | - | - | 26,140 | 30,240 |
| Staff costs (note 11) | 105,114 | - | - | 105,114 | 70,665 |
| Services, events & other ministry activity | 9,548 | - | - | 9,548 | 9,248 |
| Children's work | 3,051 | - | - | 3,051 | 1,427 |
| Office expenses, bank charges | 6,925 | - | - | 6,925 | 6,707 |
| Utilities, equipment & insurance | 10,193 | - | - | 10,193 | 14,421 |
| Building improvements, cleaning and maintenance | 5,922 | 59,495 | - | 65,416 | 21,071 |
| Churchyard maintenance | - | - | 2,304 | 2,304 | 2,668 |
| Books and other printed material | 776 | - | - | 776 | 912 |
| Newsletter production | 826 | - | - | 826 | 835 |
| Church Weekend Away subsidy | 5,085 | - | - | 5,085 | |
| 239,620 | 59,495 | 2,304 | 301,418 | 225,546 | |
| Grants(note 4) | |||||
| Missionary and charitable giving: | |||||
| Overseas missions, relief and development agencies | 312 | 21,785 | - | 22,097 | 22,812 |
| Home missions, local school and other | - | 20,456 | - | 20,456 | 19,338 |
| 312 | 42,241 | - | 42,553 | 42,150 | |
| 239,932 | 101,736 | 2,304 | 343,972 | 267,696 |
Remuneration and other payments to PCC members
PCC members receive no remuneration
The expenses of 3 ministers are shown above and comprise housing, travel, subsistence and entertaining. No members of the PCC were reimbursed for expenses specifically relating to the PCC. Expenses incurred by PCC members unrelated to their services as such are not disclosable.
9
ALL SAINTS LITTLE SHELFORD PCC
Notes to the accounts
31 December 2024
4. Grants
| 4. Grants | 2024 | |||
| Unrestricted | Designated | Restricted | Total | |
| funds | funds | funds | ||
| £ | £ | £ | £ | |
| Assistance to individuals | - | 456 | - | 456 |
| Overseas missions and relief and development | agencies: | |||
| Arab World Ministries | - | 5,000 | - | 5,000 |
| Crosslinks | - | 500 | - | 500 |
| Exachea Church | - | 2,500 | - | 2,500 |
| Gahini Diocese | - | 785 | - | 785 |
| Hoveraid | - | 5,000 | - | 5,000 |
| Living Word International | - | 3,000 | - | 3,000 |
| World Vision | 312 | - | - | 312 |
| Wycliffe Bible Translators | - | 5,000 | - | 5,000 |
| 312 | 21,785 | - | 22,097 | |
| Home missions, local school and other: | ||||
| CPAS | - | 1,000 | - | 1,000 |
| Faraday Institute | - | 1,000 | - | 1,000 |
| Friends International | - | 5,000 | - | 5,000 |
| GenR8 | - | 4,000 | - | 4,000 |
| Shelford School | - | 1,000 | - | 1,000 |
| SSYI | - | 4,000 | - | 4,000 |
| Thetford PCC | - | 2,000 | - | 2,000 |
| Youthinc | - | 2,000 | - | 2,000 |
| - | 20,000 | 20,000 |
The activities supported by the grants made to institutions comprise: the propagation of the Christian gospel, the relief of suffering, the resourcing of Christian work amongst foreign visitors to the UK, and amongst youth and children, the resourcing of Bible translators, and the training of Bible teachers.
5. Tangible fixed assets
Equipment £
Cost
- At 1 January 2024 and 31 December 2024
Depreciation
- At 1 January 2024 and 31 December 2024
Net book value
- At 1 January 2024 and 31 December 2024
10
ALL SAINTS LITTLE SHELFORD PCC
Notes to the accounts
31 December 2024
6. Fixed asset investments
£
| Market value | ||||
|---|---|---|---|---|
| At 1 January 2024 | 37,028 | |||
| Revaluation gain | 847 | |||
| At 31 December 2024 | 37,875 | |||
| Market value | Market value | Change in | ||
| Number | 2024 | 2023 | market value | |
| of shares | £ | £ | £ | |
| Restricted funds | ||||
| Mrs M B Thompson | 332 | 7,677 | 7,505 | 172 |
| Beck Grave Trust | 78 | 1,803 | 1,763 | 40 |
| D M Watson | 68 | 1,572 | 1,537 | 35 |
| Meadows Bequest | 414 | 9,573 | 9,359 | 214 |
| Dr Joe Church Memorial | 281 | 6,497 | 6,352 | 145 |
| Bagnell Bequest | 97 | 2,243 | 2,193 | 50 |
| 29,365 | 28,709 | 656 | ||
| Unrestricted funds | ||||
| Sale of land | 368 | 8,510 | 8,319 | 191 |
| 37,875 | 37,028 | 847 |
All investments are held at market value at the balance sheet date.
The shares had an original cost of £3,030 and are held in the deposit and investment funds of the Central Board of Finance of the Church of England.
| 7. Debtors | 2024 | 2023 |
|---|---|---|
| £ | £ | |
| Income tax recoverable | 555 | 2,569 |
| Prepayments and accrued income | 12,580 | 11,088 |
| 13,135 | 13,657 | |
| 8. Creditors:amounts falling due within one year | 2024 | 2023 |
| £ | £ | |
| Other creditors | 5,600 | 4,677 |
| Curate Stipend | 9,544 | - |
| Agency Collections | 50 | 103 |
| Accruals and deferred income | - | - |
| 15,194 | 4,780 |
11
ALL SAINTS LITTLE SHELFORD PCC
Notes to the accounts
31 December 2024
9. Funds
a) Fund descriptions
The PCC's restricted funds comprise donations and grants held for purposes specified by the donors. Funds which are held by the PCC for general purposes (and have not been restricted by the donors) are unrestricted. The PCC has set aside certain funds ('designated funds') for particular projects. These funds may be redesignated by the PCC as necessary.
Restricted funds
The Building Fund exists to support the repair and restoration of the fabric of the church using income from external sources such as public appeals.
The Churchyard Fund pays for the upkeep of the churchyard. It derives some income from investments but also receives transfers from the General Fund.
Designated funds
The External Mission Fund is to provide grants for Christian use to external groups and institutionsThe policy for 2024 was transfer approximately 20% of regular income from the General Fund into this fund. In 2025 this will be reduced to 15%..
The Support Fund exists to assist Christian brothers and sisters experiencing financial hardship. Payments from this fund are at the discretion of the incumbent and churchwardens.
The Fabric Fund is used to set aside resources for repairs and major maintenance of both the church building and the North Building. As a designated fund, the PCC may increase its reserves in anticipation of a building project, and allocate to this fund external grants received in relation to such projects, and conversely transfer surplus resources from this fund back to the General Fund.
Unrestricted fund
The General Fund is for the daily operation of the church.
12
ALL SAINTS LITTLE SHELFORD PCC
Notes to the accounts
31 December 2024
9. Funds (continued)
| b) Fund details | Balance at | Changes in | Transfers | Balance at | ||
|---|---|---|---|---|---|---|
| 1 January | Incoming | value of | between | 31 December | ||
| 2024 | resources | Expenditure | assets | funds | 2024 | |
| £ | £ | £ | £ | £ | £ | |
| Restricted funds | ||||||
| Building Fund | - | - | - | - | - | - |
| Churchyard Fund | 30,424 | 798 | (2,304) | 656 | 1,500 | 31,074 |
| 30,424 | 798 | (2,304) | 656 | 1,500 | 31,074 | |
| Designated funds | ||||||
| External Mission Fund | 6,070 | - | (41,785) | - | 44,000 | 8,284 |
| Fabric Fund | 7,336 | 34,750 | (59,494) | - | 15,000 | (2,408) |
| Support Fund | 500 | 625 | (455) | - | - | 669 |
| 13,906 | 35,375 | (101,735) | - | 59,000 | 6,546 | |
| Unrestricted funds | ||||||
| General Fund | 86,851 | 267,821 | (239,931) | 191 | (60,500) | 54,430 |
| Total | 131,181 | 303,993 | (343,971) | 847 | - | 92,050 |
c) Transfers between funds
| General Fund to Churchyard Fund General Fund to External Mission Fund General Fund to Fabric Fund Total |
£ 1,500 44,000 15,000 |
|---|---|
| 60,500 |
To supplement Churchyard Fund income To provide funds for grants To set aside resources for repair of buildings
13
ALL SAINTS LITTLE SHELFORD PCC
Notes to the accounts
31 December 2024
10. Assets by fund
| 10. Assets by fund | |||
|---|---|---|---|
| Net current | |||
| Investments | assets | Total | |
| £ | £ | £ | |
| Restricted funds | |||
| Building Fund | - | - | - |
| Churchyard Fund | 29,365 | 1,709 | 31,074 |
| 29,365 | 1,709 | 31,074 | |
| Unrestricted funds | 8,510 | 52,466 | 60,976 |
| 37,875 | 54,175 | 92,050 | |
| 11. Staff costs | 2024 | 2023 | |
| £ | £ | ||
| Gross salaries including pension contributions | 67,611 | 36,359 | |
| Employer's National Insurance contributions | - | - | |
| Payments to Diocese of Ely: Revd G Emmanuel | 37,503 | 34,306 | |
| 105,114 | 70,665 |
12. Commitments under operating leases
At the year end, the PCC had annual commitments under non-cancellable operating leases as follows:
| Plant & machinery | ||
|---|---|---|
| 2024 | 2023 | |
| £ | £ | |
| Operating leases which expire in: | ||
| Less than 3 years | 1,924 | 1,656 |
13. Related party transactions
Apart from the reimbursement of expenses, as disclosed in note 3, there were no related party transactions during the year.
14
ALL SAINTS LITTLE SHELFORD PCC
Notes to the accounts
31 December 2024
14. Comparative statement of financial activities for the year ended 31 December 2023
| for the year ended 31 December 2023 | |||||
|---|---|---|---|---|---|
| Unrestricted | Designated | Restricted | Total | Total | |
| funds | funds | funds | 2023 | 2022 | |
| £ | £ | £ | £ | £ | |
| Incoming resources | |||||
| Incoming resources from donors | 267,233 | 8,938 | - | 276,171 | 260,122 |
| Other ordinary incoming resources | 6,683 | - | - | 6,683 | 4,009 |
| Income from investments | 570 | - | 734 | 1,304 | 1,075 |
| Total incoming resources | 274,486 | 8,938 | 734 | 284,158 | 265,206 |
| Resources expended | |||||
| Activities directly related to the work | |||||
| of the church | 207,928 | 14,951 | 2,668 | 225,546 | 222,780 |
| Grants | 350 | 41,800 | - | 42,150 | 44,732 |
| Total resources expended | 208,278 | 56,751 | 2,668 | 267,696 | 267,512 |
| Net incoming/(outgoing) resources | 66,208 | (47,813) | (1,934) | 16,461 | (2,306) |
| Transfers between funds | (56,927) | 55,427 | 1,500 | - | - |
| Other recognised gains and losses | |||||
| Gains on investments | |||||
| - Unrealised | 716 | - | 2,469 | 3,185 | (4,464) |
| Net movement in funds | 9,997 | 7,614 | 2,035 | 19,646 | (6,770) |
| Funds at 1 January | 76,855 | 6,292 | 28,389 | 111,536 | 118,306 |
| Funds at 31 December | 86,851 | 13,906 | 30,424 | 131,181 | 111,536 |
15