2024-12-31-accounts - The Parochial Church Council of the Ecclesiastical Parish of Bridlington Christ Church with Bessingby and Ulrome

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REGISTERED CHARITY NUMBER: 1130584

REPORT OF THE TRUSTEES AND

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF BRIDLINGTON CHRIST CHURCH WITH BESSINGBY AND ULROME

CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

		Page
Reference and Administrative Details		1
Report of the Trustees	2	to	4
Independent Examiner's Report		5
Statement of Financial Activities		6
Balance Sheet		7
Notes to the Financial Statements	8	to	17

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF BRIDLINGTON CHRIST CHURCH WITH BESSINGBY AND ULROME

REFERENCE AND ADMINISTRATIVE DETAILS FOR THE YEAR ENDED 31 DECEMBER 2024

TRUSTEES Rev M J Carey K Gibbons (resigned 14.5.2024) C Walker P Clarke Dr A Clarke J Williams J Middleton M Gradwell P Gowland Trustee M E Harwood Coates (appointed 1.9.2024) E M S Robson (appointed 1.9.2024) M E Reid (appointed 14.5.2024) W Samuels (appointed 14.5.2024) J Carmichael (appointed 14.5.2024) M Walker (appointed 14.5.2024) E Miles (appointed 31.5.2024) M Corkish (appointed 14.5.2024) PRINCIPAL ADDRESS The Key Centre 2 Quay Road Bridlington East Yorkshire YO15 2AP REGISTERED CHARITY 1130584 NUMBER INDEPENDENT EXAMINER Jackson Robson Licence Limited 33-35 Exchange Street Driffield East Yorkshire YO25 6LL

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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF BRIDLINGTON CHRIST CHURCH WITH BESSINGBY AND ULROME

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2024

The trustees present their report with the financial statements of the charity for the year ended 31 December 2024. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).

OBJECTIVES AND ACTIVITIES

Objectives and aims

The promotion of the Gospel of Our Lord Jesus Christ according to the doctrines and practices of the Church of England.

The PCC aim to promote the whole mission of the Church, pastoral, evangelistic, social and ecumenical within the Parish.

Ensuring our work delivers our aims

When planning our activities for the year, the incumbent and the PCC have considered the Commission's guidance on public benefit and, especially, the specific guidance on charities for the advancement of religion. In particular, we try to enable ordinary people to live out their faith as part of our parish community and to facilitate this it is important that we maintain the fabric of Christ Church Bridlington.

The focus of our work

As a church we want everyone to hear the Gospel, so that they may be in a position where they can make the choice as to whether they want to follow the teachings of Jesus Christ.

How our activities deliver public benefit

Public benefit is delivered by the Church through a number of different services/activities that run throughout the year. In addition to the Church services on Sunday and during the week, these activities include Restore, Practical Skills, Christ Church Community Cafe and others.

Who used and benefitted from our services?

All our Church services are open to the general public, as is the Cafe. Some activities are specifically targeted for certain sectors in the community, such as Restore which offers food and other materials to the homeless and disadvantaged in the community.

ACHIEVEMENT AND PERFORMANCE

Review of the year

The PCC has continued to oversee and monitor a return to normal practices of services and ministry areas.

Notable developments have been the continued growth of Restore and Restore Hope Hub with larger numbers of people being served and supported. Volunteer teams have built up healthily across these areas. Relationships with community organisations and partners have developed and round-table opportunities have been taken advantage of. Conferences have been held to inspire, train and equip people for the work of ministry. The Cafe is an area of development identified throughout the year as an opportunity and a challenge. It is hoped that the work done this year will mean the Cafe has a new lease of life in the coming years as a self-funding sustainable investment in welcome, hospitality and sign-posting.

The clergy team has the addition of Andy Hall, and the church has taken a full part in the changes taking place across the Deanery in patterns of ministry. During 2024 the church of Holy Trinity Bridlington has been added to the Christ Church Network and has come under the authority of the established Joint Parochial Church Council.

Safeguarding

Christ Church PCC has a Safeguarding team that leads us un putting policy into practice so that all our churches, projects, groups and ministries are safe places for all ages to thrive. We give due regard to the House of Bishops' guidance in relation to safeguarding and work closely with the Safeguarding team of the Diocese of York. Every PCC meeting pays attention to Safeguarding and monitors/reviews the policies we have in place at appropriate intervals.

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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF BRIDLINGTON CHRIST CHURCH WITH BESSINGBY AND ULROME

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2024

FINANCIAL REVIEW

Reserves policy

The PCC aims to increase the the current level of unrestricted reserves of £10,000 to £20,000. This is to help cover general running costs and salary costs.

Financial overview

Christ Church has one unrestricted fund where the PCC can determine how the money is spent. It is out of this fund that the running costs of the church, including the Freewill Offering to the Diocese are made. There is one designated fund used for specific purposes, but control remains with the PCC. There are a small number of restricted funds where money is received for specific purposes and is only used for these purposes.

Financial review of the year

It has been a more settled year financially as the recovery from the effects of the pandemic lockdowns continued. Continued remedial works have been necessary on heating systems and electrical circuits. Increased income has come in from hiring out rooms and planned giving has increased from the core congregations.

The PCC has brought together the benefice PCC's into one Joint Council (JPCC). This was proposed, seconded and carried unanimously at extraordinary general meetings of the Christ Church and the Bessingby parishes. The Archbishop's Council approved this in December 2022.

During 2024 the accounts of the Bessingby and Ulrome parishes were brought together under the JPCC in a new financial system to allow for financial accountability, whilst ensuring that the funds allocated for use are able to serve the vision and mission of these Network churches. It is planned that during 2025 the accounts of the church of Holy Trinity Bridlington will be similarly incorporated under the JPCC.

The loan of £65,000 from the Diocese of York on behalf of the Community Services, taken on by the Christ Church PCC, is repayable over five years from Summer 2021.The agreed payments have been made and are up to date with a view that it will be fully repaid in Summer 2025.

The bank accounts, which started the year with £123,226, finished with £203,773. It operates its current accounts without a Bank Overdraft.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.

Recruitment and appointment of new trustees

Christ Church Bridlington PCC has a policy of warmly welcoming new members. This initial verbal introduction into every trustee's personal responsibility as a trustee is followed by the issuing of suitable publications from the Charity Commission, whose website trustees are encouraged to use.

Organisational structure

The method of appointment of PCC members is set out in the Church Representation Rules (1st January 2004). All church attendees are encouraged to register on the Electoral Roll. All Electoral Roll members are encouraged to stand for election as Churchwarden and/or PCC membership. The Church of England now requires all PCC members to have a DBS check and to have completed a Diocesan Confidential Statement in relation to Safeguarding.

Christ Church Bridlington was registered as a charity with the Charity Commission with effect on 16th July 2009, registered charity number 1130584.

Most of the day to day management of Christ Church activity is delegated by the PCC to the vicar and executive team, made up of senior employees and volunteers within the church.

Risk management

The trustees recognise the duty to identify and review the risks to which the charity charityis exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.

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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF BRIDLINGTON CHRIST CHURCH WITH BESSINGBY AND ULROME

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2024

Approved by order of the board of trustees on 11 March 2025 and signed on its behalf by:

Dr A Clarke - Trustee

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INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF BRIDLINGTON CHRIST CHURCH WITH BESSINGBY AND ULROME

Independent examiner's report to the trustees of The Parochial Church Council of the Ecclesiastical Parish of Bridlington Christ Church with Bessingby and Ulrome

I report to the charity trustees on my examination of the accounts of The Parochial Church Council of the Ecclesiastical Parish of Bridlington Christ Church with Bessingby and Ulrome (the Trust) for the year ended 31 December 2024.

Responsibilities and basis of report

As the charity trustees of the Trust 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 Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act.

Independent examiner's statement

Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a member of the Association of Chartered Certified Accountants, which is one of the listed bodies.

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:

accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or
the accounts do not accord with those records; or
the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.

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.

Robert A Lomas

The Association of Chartered Certified Accountants

Jackson Robson Licence Limited 33-35 Exchange Street Driffield East Yorkshire YO25 6LL

19 March 2025

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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF BRIDLINGTON CHRIST CHURCH WITH BESSINGBY AND ULROME

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2024

Unrestricted funds Notes £ INCOME AND ENDOWMENTS FROM Donations and legacies 2 295,383 Charitable activities 3 6,268 Investment income 4 56,153 Total 357,804 EXPENDITURE ON Raising funds 5 4,236 Charitable activities 6 Church activities 286,286 Total 290,522 NET INCOME 67,282 Transfers between funds 16 (11,189) Net movement in funds 56,093 RECONCILIATION OF FUNDS Total funds brought forward 534,670 TOTAL FUNDS CARRIED FORWARD 590,763	Restricted funds £ 93,406 19,825 - 113,231 - 82,581 82,581 30,650 11,189 41,839 71,377 113,216	2024 Total funds £ 388,789 26,093 56,153 471,035 4,236 368,867 373,103 97,932 - 97,932 606,047 703,979	2023 Total funds £ 259,213 20,380 28,459
			308,052
			3,792 279,602
			283,394
			24,658 -
			24,658 581,389
			606,047

The notes form part of these financial statements

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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF BRIDLINGTON CHRIST CHURCH WITH BESSINGBY AND ULROME

BALANCE SHEET 31 DECEMBER 2024

Notes FIXED ASSETS Tangible assets 11 CURRENT ASSETS Debtors 12 Cash at bank CREDITORS Amounts falling due within one year 13 NET CURRENT ASSETS TOTAL ASSETS LESS CURRENT LIABILITIES CREDITORS Amounts falling due after more than one year 14 NET ASSETS FUNDS 16 Unrestricted funds Restricted funds TOTAL FUNDS	Unrestricted funds £ 501,585 20,779 91,783 112,562 (23,383) 89,179 590,764 - 590,764	Restricted funds £ 1,389 - 111,990 111,990 (164) 111,826 113,215 - 113,215	2024 Total funds £ 502,974 20,779 203,773 224,552 (23,547) 201,005 703,979 - 703,979 590,764 113,215 703,979	2023 Total funds £ 506,742 13,157 123,361 136,518 (24,213) 112,305 619,047 (13,000) 606,047 534,670 71,377 606,047

The financial statements were approved by the Board of Trustees and authorised for issue on 11 March 2025 and were signed on its behalf by:

A Clarke - Trustee

The notes form part of these financial statements

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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF BRIDLINGTON CHRIST CHURCH WITH BESSINGBY AND ULROME

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

1. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.

Financial reporting standard 102 - reduced disclosure exemptions

The charity has taken advantage of the following disclosure exemption in preparing these financial statements, as permitted by FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland':

the requirements of Section 7 Statement of Cash Flows.

Income

All incoming resources are included in the Statement of Financial Activities when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy.

No amounts are included in the financial statements for services donated by volunteers.

Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.

Other income is recognised in the year in which it is receivable and to the extent the goods have been provided or on completion of the service.

Expenditure

All expenditure is accounted for on an accruals basis and has been included under expense categories that aggregate all costs for allocation to activities. Where costs cannot be directly attributed to particular activities they have been allocated to activities on a basis consistent with the use of resources.

Fundraising costs are those incurred in seeking voluntary contributions and do not include the costs of disseminating information in support of the charitable activities. Support costs are those costs incurred directly in support of expenditure on the objects of the charity and include project management costs. Governance costs are those incurred in connection with the administration of the charity and compliance with constitutional and statutory requirements.

All resources expended are inclusive of irrecoverable VAT.

Tangible fixed assets

All assets costing more than £100 are capitalised.

The policy with respect of impairment reviews of fixed assets is to impair those assets that are no longer used by the charity in pursuit of its objects. Assets are impaired to their recoverable amount.

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at the following annual rates to write off each asset over its estimated useful life:

Freehold property 2% on cost Fixtures & fittings 20% reducing balance

Taxation

The charity is exempt from tax on its charitable activities.

continued...

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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF BRIDLINGTON CHRIST CHURCH WITH BESSINGBY AND ULROME

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2024

1. ACCOUNTING POLICIES - continued

Fund accounting

General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the charity and which have not been designated for other purposes.

Designated funds comprise unrestricted funds that have been set aside by the trustees for particular purposes. The aim and use of each designated fund is set out in the notes to the financial statements.

Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the charity for particular purposes. The costs of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements.

Pension costs and other post-retirement benefits

The charity operates a defined contribution pension scheme. Contributions payable to the charity's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.

Debtors and creditors receivable/payable within one year

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in expenditure.

2. DONATIONS AND LEGACIES

Grants Donations Gift aid Contributions received 3. CHARITABLE ACTIVITIES Sale of goods and services 4. INVESTMENT INCOME Rents received Deposit account interest	2024 £ 49,451 296,966 40,445 1,927 388,789 2024 £ 26,093 2024 £ 55,257 896 56,153	2023 £ 51,709 172,387 26,504 8,613	2023 £ 51,709 172,387 26,504 8,613
		259,213
			2023 £ 20,380
			2023 £ 27,890 569
			28,459

continued...

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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF BRIDLINGTON CHRIST CHURCH WITH BESSINGBY AND ULROME

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2024

5. RAISING FUNDS

Investment management costs

2024 £ Rent 4,236 6. CHARITABLE ACTIVITIES COSTS Direct Support Costs (see costs (see note 7) note 8) £ £ Church activities 220,453 148,414 7. DIRECT COSTS OF CHARITABLE ACTIVITIES 2024 £ Staff costs 101,169 Freewill offering 69,600 Working expenses of incumbent 6,563 Missionary expenditure 16,805 Church and community 24,380 Refreshments for church 1,911 Volunteer expenses 25 220,453 8. SUPPORT COSTS Governance Management costs £ £ Church activities 136,149 12,265 Support costs, included in the above, are as follows: Management 2024 Church activities £ Rates and water 4,355 Insurance 13,886 Light and heat 28,145 Telephone 979 Postage and stationery 1,466 Sundries 16,266 Church maintenance 57,264 Depreciation 4,445 Travel and subsistence 2,299 Carried forward 129,105	2023 £ 3,792 Totals £ 368,867
	2023 £ 74,482 54,000 7,177 10,000 44,674 2,661 1,101
	194,095
	Totals £ 148,414
	2023 Total activities £ 3,562 10,745 23,233 452 1,752 10,573 10,383 5,529 2,668
	68,897

continued...

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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF BRIDLINGTON CHRIST CHURCH WITH BESSINGBY AND ULROME

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2024

8. SUPPORT COSTS - continued

Management - continued

Brought forward Loss on sale of tangible fixed assets Staff training Subscriptions Bank interest Governance costs Professional fees Accountancy fees Bookkeeping fees Payroll fees	2024 Church activities £ 129,105 - 2,312 4,579 153 136,149 2024 Church activities £ 490 2,850 8,180 745 12,265	2023 Total activities £ 68,897 (1,738) 3,221 3,163 387	2023 Total activities £ 68,897 (1,738) 3,221 3,163 387
		73,930
		2023 Total activities £ - 3,348 7,318 911 11,577
			11,577

9. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31st December 2024 nor for the year ended 31st December 2023.

Trustees' expenses

Trustee expenses of £843 (2023 - £1,162) were incurred during the year.

10. STAFF COSTS

Wages and salaries Other pension costs The average monthly number of employees during the year was as follows: Administration Site management		2024 £ 99,600 1,569 101,169 2024 3 4 7		2023 £ 72,563 1,919
				74,482
				2023 3 3 6

No employees received emoluments in excess of £60,000.

continued...

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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF BRIDLINGTON CHRIST CHURCH WITH BESSINGBY AND ULROME

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2024

11. TANGIBLE FIXED ASSETS

COST At 1 January 2024 Additions At 31 December 2024 DEPRECIATION At 1 January 2024 Charge for year At 31 December 2024 NET BOOK VALUE At 31 December 2024 At 31 December 2023	Freehold property £ 554,975 - 554,975 68,122 - 68,122 486,853 486,853	Fixtures and fittings £ 50,468 677 51,145 30,579 4,445 35,024 16,121 19,889	Totals £ 605,443 677
			606,120
			98,701 4,445
			103,146
			502,974
			506,742

Buildings relate to Church House, the former vicarage, and the ex glebe land to the rear of the Church House, which was leased to Christ Church Community Services until November 2021 when the lease was surrendered to Christ Church Bridlington PCC.

12. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

Trade debtors Other debtors 13. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Bank loans and overdrafts (see note 15) Trade creditors Other creditors	2024 £ 8,694 12,085 20,779 2024 £ - (1) 23,548 23,547	2023 £ 4,868 8,289
		13,157
		2023 £ 825 - 23,388
		24,213

continued...

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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF BRIDLINGTON CHRIST CHURCH WITH BESSINGBY AND ULROME

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2024

14. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR Other creditors 15. LOANS An analysis of the maturity of loans is given below: Amounts falling due within one year on demand: Bank overdrafts	2024 £ - 2024 £ -	2023 £ 13,000
		2023 £ 825

continued...

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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF BRIDLINGTON CHRIST CHURCH WITH BESSINGBY AND ULROME

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2024

16. MOVEMENT IN FUNDS

Unrestricted funds General fund Womens Weekly Hospitality Reserve Restore Activities Treasurer's Buffer Youth Children and families Branches Sound and Vision St Andrews General St Magnus General St Marks Community St Marks General Church refreshment area Restricted funds Pastoral training Ministry/Missionary Giving Restore Hobson's bequest Fabric restricted Martongate community cafe Christ Church community cafe Multiply staffing fund Hope hub ministries Lighthouse church ministries Community development Hardship Restore support BCT Love Westhill Mustard Seed Hope Clean Restore St Magnus Development St Magnus Disabled Access St Magnus Upkeep St Marks Tech Mustard Seed - T Miles TOTAL FUNDS	At 1.1.24 £ 519,335 464 (825) 2,720 42 10,000 1,161 1,683 90 - - - - - - 534,670 741 6,409 173 3,969 1,339 15 4,237 23,059 92 245 16,593 4,193 282 1,590 7,188 1,252 - - - - - 71,377 606,047	Net movement in funds £ 42,146 (336) (269) - - - - 179 - 1,246 5,943 3,096 2,771 9,534 2,973 67,283 (125) (16,600) (555) (308) (295) - 7,839 4,479 (6) - 1,340 (675) 636 (1,404) 238 - 20,620 4,967 3,063 114 7,321 30,649 97,932	Transfers between funds £ (12,386) (128) 1,504 1,280 (42) - (1,161) 1,161 (90) - (280) 636 - (1,811) 128 (11,189) (616) 12,147 382 - - (15) 3,063 (2,206) 600 - - - 392 - (2,558) - - - - - - 11,189 -	At 31.12.24 £ 549,095 - 410 4,000 - 10,000 - 3,023 - 1,246 5,663 3,732 2,771 7,723 3,101
				590,764 - 1,956 - 3,661 1,044 - 15,139 25,332 686 245 17,933 3,518 1,310 186 4,868 1,252 20,620 4,967 3,063 114 7,321
				113,215
				703,979

continued...

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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF BRIDLINGTON CHRIST CHURCH WITH BESSINGBY AND ULROME

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2024

16. MOVEMENT IN FUNDS - continued

Net movement in funds, included in the above are as follows:

Unrestricted funds General fund Womens Weekly Hospitality Children and families Sound and Vision St Andrews General St Magnus General St Marks Community St Marks General Church refreshment area Restricted funds Pastoral training Ministry/Missionary Giving Restore Hobson's bequest Fabric restricted Christ Church community cafe Multiply staffing fund Hope hub ministries Community development Hardship Restore support BCT Love Westhill Mustard Seed St Magnus Development St Magnus Disabled Access St Magnus Upkeep St Marks ERYC St Marks Tech Mustard Seed - T Miles TOTAL FUNDS	Incoming resources £ 273,502 1 826 1,375 2,081 19,529 11,186 10,200 32,152 6,952 357,804 - - 18,717 913 - 20,999 20,000 528 2,189 466 1,310 103 8,841 20,620 4,967 3,643 2,500 114 7,321 113,231 471,035	Resources Movement expended in funds £ £ (231,356) 42,146 (337) (336) (1,095) (269) (1,196) 179 (835) 1,246 (13,586) 5,943 (8,090) 3,096 (7,429) 2,771 (22,618) 9,534 (3,979) 2,973 (290,521) 67,283 (125) (125) (16,600) (16,600) (19,272) (555) (1,221) (308) (295) (295) (13,160) 7,839 (15,521) 4,479 (534) (6) (849) 1,340 (1,141) (675) (674) 636 (1,507) (1,404) (8,603) 238 - 20,620 - 4,967 (580) 3,063 (2,500) - - 114 - 7,321 (82,582) 30,649 (373,103) 97,932

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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF BRIDLINGTON CHRIST CHURCH WITH BESSINGBY AND ULROME

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2024

16. MOVEMENT IN FUNDS - continued

Comparatives for movement in funds

Unrestricted funds General fund Womens Weekly Fabric Hospitality Reserve Restore Activities Treasurer's Buffer Youth Children and families Branches Restricted funds Pastoral training Ministry/Missionary Giving Restore Hobson's bequest Fabric restricted Martongate community cafe Christ Church community cafe Multiply staffing fund Hope hub ministries Lighthouse church ministries Community development Hardship Restore support BCT Love Westhill Mustard Seed Hope Clean Restore TOTAL FUNDS	At 1.1.23 £ 494,708 464 5,491 361 15,720 462 10,000 1,161 900 - 529,267 391 4,387 5,375 3,094 1,339 15 4,277 4,419 373 245 23,099 1,418 1,440 2,250 - - 52,122 581,389	Net movement in funds £ 13,325 - 5,000 (1,186) - (420) - - 617 90 17,426 350 (10,001) (5,202) 875 - - (40) 18,640 (281) - (6,506) 2,775 (1,158) (660) 7,188 1,252 7,232 24,658	Transfers between funds £ 11,302 - (10,491) - (13,000) - - - 166 - (12,023) - 12,023 - - - - - - - - - - - - - - 12,023 -	At 31.12.23 £ 519,335 464 - (825) 2,720 42 10,000 1,161 1,683 90 534,670 741 6,409 173 3,969 1,339 15 4,237 23,059 92 245 16,593 4,193 282 1,590 7,188 1,252 71,377 606,047

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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF BRIDLINGTON CHRIST CHURCH WITH BESSINGBY AND ULROME

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2024

16. MOVEMENT IN FUNDS - continued

Comparative net movement in funds, included in the above are as follows:

Unrestricted funds General fund Fabric Hospitality Restore Activities Children and families Branches Restricted funds Pastoral training Ministry/Missionary Giving Restore Hobson's bequest Christ Church community cafe Multiply staffing fund Hope hub ministries Community development Hardship Restore support BCT Love Westhill Mustard Seed Hope Clean Restore TOTAL FUNDS	Incoming resources £ 211,474 5,000 48 - 2,440 430 219,392 350 (1) 20,980 1,375 17,720 26,617 (1) 3,024 2,999 - 3,030 11,217 1,350 88,660 308,052	Resources Movement expended in funds £ £ (198,149) 13,325 - 5,000 (1,234) (1,186) (420) (420) (1,823) 617 (340) 90 (201,966) 17,426 - 350 (10,000) (10,001) (26,182) (5,202) (500) 875 (17,760) (40) (7,977) 18,640 (280) (281) (9,530) (6,506) (224) 2,775 (1,158) (1,158) (3,690) (660) (4,029) 7,188 (98) 1,252 (81,428) 7,232 (283,394) 24,658

17. RELATED PARTY DISCLOSURES

It should be noted that many of the employees and trustees provide services, offer the use of their assets and give financially to the PCC. These may constitute related party transactions. However, to preserve the anonymity if the donors and because any financial benefit received as a result is completely trivial when compared to the size of the individual gifts, these have not been listed here.

Where services or assets have been provided and these are measurable then they have been recognised within these financial statements as a donation in kind within income and a relevant expense.

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