CHRIST CHURCH
'Ir PENNINGTON
ANNUAL REPORT
AND
FINANCIAL STATEMENTS
OF THE PAROCHIAL CHURCH COUNCIL OF THE
ECCLESIASTICAL PARISH OF CHRIST CHURCH PENNINGTON
(MANCHESTER DIOCESE)
FOR THE YEAR ENDED 31 DECEMBER 2024
Registered Charity No. 1130715

Page | 1
CONTENTS
Page 2
Administrative details
Page 3
Report of the Trustees
Page 8
Independent Examiner's report
Page 9
Statement of Financial Activities (SOFA)
Page 10
Balance Sheet
Page 11
Notes to the Financial Statements

Page | 2
ADMINISTRATIVE DETAILS
PCC members
Members who have Served during the year and until the date of approval of thi5 reFX)rt are".
Incumbent (Ex-officio)."
A550CiOte Minister (Ex-officio)..
The Revd Jack Shepherd (Chair)
The Revd Eric White
SVC Senior Pastor (Ex-officio):
Mr John Bennett
Assistant Ministers (Reader) (Ex-officio)." Miss Alison Davies
Wordens.. (ex- officio, elected annually)
Mr Steven Hall
Mr Jarnes Cowley (from APCM 2024)
Representatives on the Deanery Synod.. {ex- officio to APCM 20251
Mr James Cowley
Mrs Judith Pitt
Other elected members..
To APCM 2025
Mr C Roberts
Mr J R Roberts
Mr P Urquhart
Mrs E Nicholson
To APCM 2026
Mr D Clough
Mrs J Piotrowski
Mrs V Doran-Johnson
Mrs M McLean
Mrs H Owen
Mr M Brown
Mr S Bennett
Mrs A Robert5
Mrs J Longworth
To APCM 2027
Mr J John50n
Mrs A Moore
Total 15 elected members as at 315t December 2024)
Treasurer
Mr Cyril Roberts
Location and correspondence address
Christ Church Pennington is situated about 250 yards south of the centre of Leigh in Lancashire, off St.
Helen's Road. The correspondence address is Church House, Schofield Street, Pennington, Leigh, WN7
4HT.
Bankers
Co-operative Bank PLC, Balloon Street, Manchester, M60 4EP
CCLA Investment Management Limited, 80 Cheapside, London, EC2V 6DZ
Independent Examiner
Mr Edward T Moss

Page | 3
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2024
The Members of the Parochial Church Council (PCC), v4ho are the trustees of the charity, present their
annual report and financial statements for the year ended 31 December 2024.
Structure, governance and management
The PCC of Christ Church Pennington is an independent charity within the Diocese of Manchester in the
Church of England. It is registered with the Charity Commission, number 1130715, with the formal title of
the Parochial Church Council of the Ecclesiastical Parish of Christ Church Pennington IManche5ter
Diocese).
PCCS are govemed by two pieces of Church of England legislation, called Measures. These are:
the Parochial Church Councils (Powers) Measure 1956 as amended, which defines the principal
function, or purpose, of the PCC as "promoting in the parish the whole mi55ion of the Church.
the Church Representation Rule5 {contained in Schedule 3 to the Synodical Government Measure
1969 as amended)
The method of appointment of PCC members (trustees) is set out in the Church Representation Rules,
each tnember being elected for a three-year period. All Church attendee5 are encouraged to register on
the Electoral Roll and consider standing for election to the PCC.
Charitable Objectives and Principal Activities
The trustees have the responsibility of co-operating with the incumbent to benefit the public by
promoting, in the ecclesiastical parish, the whole mission of the Church - pastoral, evangelical, social and
ecumenical.
The PCC seeks to achieve its objectives by prowding opportunities for worship and fellowship as well as
providing services and support for the wider community of Pennington, Leigh and beyond. The trustees
have placed special emphasis on support for local young people and their families, debt and poverty issues
and on the long-term sustainability of the Sports Village Church (SVC)- The PCC has maintenance
responsibilities for 2 buildings, namely the Church itself and Church House (the former vicarage now used
as a Church Hall) on khofield Street, Pennington, Leigh. SVC operates out of a room at Leigh Harriers
which is the subject of an informal hire agreement.
The trustees have referred to the information contained in the Charity Commission's general guidance on
public benefit when rewewng the aims and objectives and in planning future activities. The trustees
believe that the activities carried out benefit the public by providing opportunities to meet as a
community, to serve one another and to prowde seryice and otherwise assist those individuals in need
because of social exclusion, poverty, disability or lack of opportunity.
Church Vislon
On Tuesday 28th January 2025, the PCC approved the adoption of a new vision statement:
Knowing Jesus -> hlaking Jesus Known
and its implementation through a discipleship pathway with four steps-
Contact, Connect. Commit, Commission
Core Value5
Love - We care for and accept others unconditionally and sacrificially, in word and action, because God
first loved us by sending Jesus to die for us.
Grace - We share and befriend people from all backgrounds, being quick to forgive, because we have been
empowered by the Holy Spirit through knowing Jesus Christ
Welcome - We strive to make everyone feel at home with us by offering hospitality and genuine interest in
people's lives, like Jesus did with open arms.

Page | 4
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2024 (cont.)
Achievements and Performance
Church attendance
There were 109 adults lover 16 years) attending Church when the annual count took place each week in
October (81 at Christ Church and 28 at Sports Village Church) (2023- 95 total). On 315t December there
were 150 persons12023: 148) on the Church Electoral Rol
Rewew of the year
The PCC met 7 times during the year. The Standing Committee met 7 times, 9 persons having 100%
attendance and an average 75% attendance.
At the annual meeting in May 2024, Steven Hall was re-elected and James Cowley was elected as
Churchwardens. In September, Rob Ferguson started as Operations Manager, as Emma Nicholson
transitioned into a new role as Chaplain at Lowton High School. Ally Murden completed her role as CAP
Life Skills Manager in December, y￿th Laura Cochrane continulng her role as CAP Debt Centre Manager. At
the end of June, Veronika Fialova and Shekinah Reeta Andrews completed their voluntary roles with the
PAIS programme, which included running weekly group5 at local schools and supporting church-based
activities for children and young people. We are grateful for every person who has contributed to the
mission and ministry of Christ Church Pennington during the year.
Between April and May 2024, The Me55age Academy visited for outreach weeks at Christ Church
Pennington Primary School, Lowton CE High School, Bedford High School and The Westleigh School. These
visits included running the Respect ME PSHE project and hosting Friday evening concerts at local churches
in the Mission Community. During the year. the Mission Community has held termly 'Greenhouse'
gatherings, exploring the journey of initiating Fresh Expressions and refreshing existing expre55ions of
church, as well as a thankyou celebration at the end of March.
Christ Church Pennington Primary School celebrated their Harvest Service on 20th September and held
their Nativity and Carol Service on Wednesday 18lh and Thursday 195t December. Since September, Revd
Jack Shepherd ha5 been regularly involved in supporting the Exploring Christianity group at Lowton CE
High School on Monday lunchtimes and the Ethos group at Christ Church Pennington Primary School on
Wednesday lunchtimes.
Between September and December. an Alpha Course provided an opportunity for people to explore the
Christian faith, with around ten attendees each week. On 21st September, the new Strategic Leadership
Team met for the first time, with further groups subsequently being started to develop evangelistic,
prophetic, and pastoral areas of ministry. On 8th October, 'Biscuit Base, was introduced as a new weekly
drop-in session, running from 10:(K) to 11:30am.
During December, a variety of services and activities were held, including The Big Christmas Quiz on 8th
December, the Nativity Service and Sensory Semce on 15th December, Community Carols in the Park on
21st December, the Nine Lessons and Carols service on 22nd December, Midnight Communion on Christmas
Eve, and a Celebration Service on Christmas Day. A Christingle service took place on 5th January to
celebrate Epiphany.
2025 began with a Week of Prayer and Fasting and a Vision Day on Saturday 18th January. At the Vision
Morning, we discussed a new vision statement, 'Knowing Jesus -> Making Jesus Known, and its
implementation through a discipleship pathway with four steps: 'Contact, Connect, Commit, Commission,.
Our church weekend away to Cloverley Hall on 15th 1W November, which was attended by around fifty
people including children and young people, provided a significant opportunity to focus together on our
core values of love, grace, and welcome.
DynamTC Prayer has continued each Monday evening at 7.30pm. This year, the church has also said
farewell to beloved members of our congregation through funerals. Our annual Service of Hope and

Page | 5
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2024 (cont.)
Remembrance was held on Sunday 10 November. Baptisms have been celebrated, a5 well as a service of
confirmation, which was led by Bishop Matthew Porter at Christ Church Pennington with nine candidates
th
on 1 St October. Bishop Matthew also visited to preach and preside at Holy Communion on Sunday 14 July.
A Valedictory Evensong Service. with hymns chosen and played by Mark Brown and a sermon by James
nd
Cowley, was held at 6.30pm for the celebration of Candlemas on Sunday 2 February. During the year,
sennon series have taken place to explore the beginning of the Ix)ok of Acts, the apocalypse, Prayer in the
Psalms, and the journey through the desert in Numbers 10-21.
Financial Review
During the year the PCC continued to take a prudent approach to its financial management, regularly
receiving financial updates from the finance sub-group, which meets before every PCC meeting to carry
out detailed financial monitoring against budgets.
Total unrestricted income Ilncluding designated funds) was £125,335 {2023: £109,549). Restricted fund
income was £27,073 12023: £32,453). This included grants received, detailed in note 3 of the financial
statements.
The parish share TS an amount payable to the dTocese to support ministry costs and the work of churches in
other areas of Manchester. The PCC paid £50,￿0 {2023: £45,000} parish share for the year.
Mi55ion giving from unrestricted funds 15 calculated as 10% of prior year unrestricted incoming resources.
The total amount given from unrestricted fund5 in 2024 was E9,81)J. For 2025 it will be £10,700.
Other unrestricted operating costs {Including designated funds) amounted to £85,373 {2023: £50,376), an
analysis of which can be found in note 6 of the financial statements. Expenditure from restricted funds
was £61,03612023: £66,902). an analysis of which can be found in note 6 of the financial statements.
All these factors combined to result in a net income from unrestricted funds of £12,745 12023: £16,980).
Of this, £23,42012023: £22,223) was transferred to other funds for purposes agreed by the PCC. This left a
decrease in general funds of £10,675 (2023: £5,243 decrease) and an decrease in designated funds of
£21,33212023: £45,331 increasel.
The net position from restricted funds was a net decrease of £7,983 (2023: £29,539 decrease). Movement
in the various funds is set out in note 14.
Planned and Lix-efficient giving.
The number of people who gave regularly to General Church Funds through the Bank or the envelope
scheme during 2024 was 9312023.87) and of these 75 (2023". 741 donated through the Gift Aid Scheme.
Future developments
We intend to hold a Weekend At Home in autumn 2025, with a Weekend Away in 2026.
We are prioritising the development of our new Social Transformation Hub, communication5 Strategy, and
patterns of worship and prayer that are welcoming for all.

Page | 6
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2024 (cont.)
Risk review, funds and reserves policy
The trustees have considered the key risks affecting the charity and have taken steps to mitigate them.
They have identified the key risks as being:
failure to maintain a listed church building and other old buildings in a good state of repair.
o balancing the needs of members of the Church, with its two congregations, and the wider
community.
o financial risks associated with balancing the requirement for longer term investment in the
buildings and projects in the parish and the shorter term demands on limited re50urce5' and
financial risks associated with declining levels of unrestricted giving.
The trustees believe that these risks are minimised by regular meetings concentrating on building issues,
development of policies and regular consideration of financial information and balancing ongoing
aintenance expenditure with retention of funds for longer-term projects.
The trustees recognise the need for the charity to establish and maintain reserves to enable it to continue
to carry out its charitable objectives in the event of unforeseeable matters arising. In particular. given the
nature of the buildings, reserves need to be maintained to ensure any major repairs can be carried out
when necessary.
Details of reserves held by the charity are given in note 14 to the financial statements. With the exception
of fund5 held in trust for the Parish School, most restricted funds relate to ongoing activitie5. Any major
investment in buildings would have to be funded either by appeals and grants or by making provisions
thin designated funds established for the purpose of longer-terni building maintenance.
In addition to restricted and designated funds. the trustee5 have resolved to maintain a minimum of 2-3
months, average running costs in free reserves. At £19,330 free reserves meet this requirement.
Statement of Trustees responsibilities
The trustees are responsible for preparing the Trustees, Annual Report and the financial statements in
accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally
Accepted Accounting Practice).
The law applicable to charities in England and Wales requires the trustees to prepare financial statements
for each financial year which give a true and fair view of the state of affairs of the charity and of the
incoming resources and application of resources of the charity for that period.
In preparing these financial statements, the trustees are required to:
select suitable accounting policies and then apply them consistently.
o observe the methods and principles in the Charities SORP.
make judgments and estimates that are reasonable and pmdent.
state whether applicable accounting standard5 have been followed, subject to any material
departures disclosed and explained in the financial statements.
o prepare the financial statements on the going concern basis unless it is inappropriate to presume
that the charity will continue in busine55.
The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy
at any time the financial position of the charity and enable them to ensure that the financial statements
comply with the Charities Act 2011 and the Charity (Accounts and Reports) Regulations 2008. 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.

Page | 7
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2024 (cont.)
The Trustees appointed Mr Edward T hloss as Independent Examiner for the year and a resolution to
reappoint him for next year wll be proposed at the Annual Parochial Church Meeting.
Approved by the member5 of the PCC on 25 March 2025 and signed on their behalf by
Reverend Jack Shepherd
Chair
Cyril Roberts
Treasurer

INDEPENDENT EXAMINER'S REPORT TO THE PCC OF CHRIST CHURCH PENNINGTON FOR THE
YEAR ENDED 31 DECEMBER 2024
This report on the financial statements of the PCC for the year ended 31 St December 2024, which are set
out on pages 9 to 18, is in respect of an examination carried out in accordance with the Church Accounting
Regulations 2006 {"the Regulations") and s.145 of the Charities Act 2011 ("The Act")
Respective responsibilities of trustees and examiner
The charitys trustees are responsible for the preparation of the financial statements. The charitys
trustees consider that an audit is not required for this year (under section 144121 of the Charities Act
2011, 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 Commissioners
lunder section 14515)Ibl of the Act); and
to state whether particular matters have come to my attention.
Basis of this report
My examination was carried out in accordance with General Directions given by the Charity
Commissioners. An examination includes a review of the accounting records kept by the charity and a
comparison of the account5 presented with those records. It al50 includes consideration of any unusual
items or disc105ures 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 exarniner's statement
In the course of my examination, no matter has come to my attention:
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 wth section 130 of the Act)
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..
Edward T Alo55. FCA
Chartered Accountant
29 Mauldeth Road
Stockport
SK4 3ND
Date."
25 March 2025

Page | 9
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2024
Note5 -___ Unrestricted Funds-_
General
Designated
Restricted
Funds
Totsl
2024
Total
2023
INCOME
Donations & legacies
102.603
24.410
127,167
113,397
Investment income
4.754
3,469
Income from charitable actiTrrities
Grants re￿iVed
1.975
1.538
4,513
10.380
Fee5 & Similar income
3,542
11,307
1,125
15,974
14,756
TOTAL INCOME
107.145
18.190
27,073
152,408
142,002
EXPENDITURE
C05t5 of charitable activitie5
Parish share paid to Manchester Diocese
Mission giving & tharitabie donations
Other 0￿rating costs
TOTAL EXPENDITURE
50,000
45,0￿)
9.8(K)
4.51x1
14.300
15,350
34.6(M)
50.773
61,036
146,409
117.278
94,400
50,773
65,536
210,709
177,628
Net Incc*ne and expendlture befcfe
galn5 arbd 105ses on fnve5tsnents
12.745
132.5831
{38.4631
{58,3011 (35,626)
Unrealised gain / 1105s1 on
of investments
10
2,551
15,760
18,311
40,926
INCOME / EXPENtMTURE BEFORE
TRANSFERS
12.745
130.0321
(22,7031
{39,9901
5,300
TRANSFERS BEfwEEN FUNDS
14
123.4201
8,7CMJ
14.720
MOVEMENT IN FUNDS
{10.675} 121.3321
17.9831
{39.9901
5,300
FUND BALANCES BIF
14
30.005
162,142
291,593
483,740
478,440
FUND BALANCES CIF
14
19.330
140.810
283,610
443,750
483, 740
TOTAL RECOGNISED G￿Ns AND LOSSES
There ￿ere no other gain5 or 1055e5 in the tv￿ ￿ar5 other than those stated atM)ve.
CONTINUING OPERATIONS
All results derive from continuing otEration5
The ￿te5 on pages 11 to 18 form part of these finanaal statements.

Page 110
BALANCE SHEEf AT 31 DECEMBER 2024
2024
2024
2023
2023
FIXED ASS￿5
Tangible assets
Investments
10
313,811
313.812
364.450
364,451
CURRENT ASSErs
Debtors falling due wlhin one year
Cash at bank and in hand
1.767
3, 150
129.436
117, 104
131.203
120,254
CRELNTORS
Amounts due in less than one yEar
11.2651
(965)
CURRENT ASSErs
129.938
119,289
ASSErs
443.750
483,740
FUNDS
Restricted
14
283.610
291,593
Unrestricted Ilnciuding Designated)
TOTAL FUNDS
14
160,140
443,750
192. 147
14
483.740
The ￿te5 on pages 11 to 18 form part of these finanoal statements.
Approved by the Trustees on 25 March 2025
And signed on their behalf by'.-
Reverend Jad( Shepherd
Chair
Registered Charity No. 1130715

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
1 ACCOUNTING POLICIES
The principal accounting policies adopted in the preparation of the financial statements are set out below
and have been consistently applied throughout the year.
Basis of preparation
The financial statements have been prepared on a going concem basis, in accordance with the Statement
of Recommended Practice "Accounting and reporting by Charities 2015 IFRS1021" the Church Accounting
Regulations 2006, the Charities Act 2011 and applicable accounting standards in the UK.
The charity presents its results under FRS 102. The last financial statements under previous UK GAAP were
for the year ended 31 December 2014. The date of transition to FRS 102 was 1 January 2014. There have
been no change5 in accounting policies as a result of this transltion. and the only significant change to the
financial statements is the introduction of a Statement of Cash Flows.
The flnancial statements have been prepared under the historical cost convention except for the valuation
of investment asset5. which are shown at market value. The financial statements include all transactions,
assets and liabilities for which the PCC is responsible in law. They do not include the accaunts of church
groups that owe their main affiliation to another body, nor those that are informal gatherings of church
members.
Fund accounting
General funds are available at the discretion of the trustees in furtherance of the general objectives of
the charity.
Restricted fund5 are funds subject to specific restrictive conditions imposed by donors, funders or by the
purpose of grants. The purpose and use of the restricted fund5 is set out in note 14 to the account5.
Donations and grants and similar incoming resources
Income from donations and grants, including capital grants and donations. is included in incoming
resources when these are receivable, except when they relate to future accounting periods or when the
donors or grantors impose pre-conditions that have not been met. In these cases the income is deferred
until the future period andlor the conditions have been met. Tax refunds are recognised at the same time
as the incoming resources to which they relate.
Legacies are accounted for when the PCC is legally entitled to the amounts due.
Where conditions are imposed which restrict the use of the income to specific purpose then it is included
in incoming resources under restricted funds when it is due.
Grants received in respect of capital expenditure, which may be repayable in certain circumstances, are
treated as restricted funds and included in incoming resources in the year of receipt. They are released
to unrestricted funds, in so far as any restrictions have been met, by means of a transfer each year to
rnatch the depreciation charged.
Rental income
Income from tenants in respect of rented property is recogni5ed in the period to which it relates. Rent
paid in advance is deferred and carried forwarded as income in advance in creditors.
Fundraising income
Income from fundraising events is recognised in the period in which the event takes place. Income for
specific purposes is included in restricted funds.

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 (cont.)
1 ACCOUNTING POLICIES Icontinued)
Resources expended
Expenditure is classified under the principal categories of charitable and other expenditure rather than
the type of expense.
The cost headings comprise expenditure, including staff costs, directly attributable to each activity.
Where costs cannot be directly attributed they are allocated to activities on a basis consistent with the
use of resources.
Fixed assets and Depreciation
Consecrated and benefice property such as the Church and Vicarage are not included in the accounts in
accordance with 5.10 of the Charities Act 2011.
Church House is considered a functlonal asset and is included in the balance sheet at either cost less
depreciation or Trustees valuation. The Trustees are aware that the property has a market value in exce55
of net book value. No cost information is available for Church House, a building which was the vicarage
prior to a replacement being built in the 1960's, and has been subsequently used as a Church Hall. This
property is included in the balance sheet at a notional value of £1, on the basis of its dilapidated state
when it was transferred to the PCC. The open market value of the property is likely to be significantly in
excess of this recorded net brK)k value.
Valuations are not carried out in respect of buildings on the basis that there is no intention to dispose of
them.
Moveable church furnishings held by the vicar and churchwardens on special trust for the PCC and which
require a faculty for disposal are inalienable property and listed in the church'5 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. Subsequently
no individual item has cost more than £1.000 so all s￿h expenditure has been written off when incurred.
Other assets whTch are used on a contTnuing basis for the work of the PCC, such as office equipment and
vehicles are considered Functional assets, and these are included in the balance sheet at cost less
accumulated depreciation. Items costing less than C1,1M) are not capitalised but written off as revenue
expenditure in the year of acquisition.
Depreciation is provided on the cost of tangible fixed assets in order to write off the cost after taking
account of scrap values over the expected useful lives as follows:
Electronic equipment
Buildings
20% and 33%
2%
Impairment reviews are carried out when there is any indication that the carrying amount of a functional
fixed asset is below its net book value.
Investments
These are valued at market value at 31 December.

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 (cont.)
- Unrestricted Fund5----. Restricted
Total
Total
Genwal
t*5i8nated
Funds
2024
2023
2 tKINATIONS & LEGACIES
Tax efficient planned giving
Tax recovered through gift-aid & GASDS
Other planned giving
Other recurring ¢th)nalions
Lega
69.093
18.835
11,051
3,624
11.921
3.910
6,347
2,232
81.014
22.752
17,398
6,003
78,294
20,760
10,213
4, 130
147
102.603
154
24.410
127.167
113,397
3 GRANTS REC￿vED
SSE Business Energy
2,000
Old Leigh Deanery
1,688
1,688
Listed PLHces of Worship
975
975
Brighter &)rough
500
500
Warrn & Wekorne F4a
350
350
GMCVO
I1.￿0}
{1.0001
Coalfields Regewation Trust
Your Housing Group
National Lottery Community Fund
1,450
WMBC Deal
Manchester ￿"OCeSe energy grant
330
Foiever Manchester
100
1.975
1.538
4.513
10.380

Page | 14
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 (cont.)
- Unrestricted Funds----. Restricted
t*5i8na¢ed
Funds
Total
2024
Total
2023
4 FEES & SIMILAR INCOME
Rentsl income
Statuttsry fees retained by the PCC
Income frorn activities
Magazine sales
11,307
11,307
3.141
1,125
401
15.974
6,735
4,387
3. 150
3.141
1,125
3.542
11.307
1.125
14,756
5 MISSION GIVING & CHARITABLE tKINAMONS
R&E Leakey l YWAM
5,500
6.350
The Message Ttust
1,600
1.90Q
Daylight
1.600
Atherton & Leigh F¢J)dbank
1,600
BOAZ Trust
1.000
Welcorne Churches
1.000
Christians Against Pov
500
Tearfund
500
Arab Work Ministeries
500
Restored
500
CMS re SAMS
1,900
Care For The Family
Haratnbee for Kenya
OMF International
14,300
15,350

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 (cont.)
- Unrestricted Fund5---
General
De5i8nated
Totsi
2024
Total
2023
Funds
6 OTHER OPERATING COSTS
Building repairs - non routine items
CAP project C05t5
CCP activities & services
28.811
28,811
26,692
26,692
25,634
11,460
26.958
5,023
6.311
3,555
5.149
17,056
21,998
9,634
Heat. light & water
Youth artivitie5 Ilncl Staff c05ts1
BuiidTng repair5 routine items
Insuran
10.872
10.872
17,778
9,547
1,428
9,547
7,539
13,205
7,336
5,340
6,111
SVC artivities & servi
6.416
6.416
Telephone, office costs. %SEb5ite & IT
Fund raising fees
COntri￿tIon to Scw GoVerr￿. costs
6.121
6,121
5,713
2,767
7.611
5,713
2.767
2,487
Clergy & Reader5 expEnse5
Grounds rnaintenar
2.304
2.304
2.259
2,283
2,283
250
2, 172
500
Legal & Professional fees
250
34.600
50.773
61.036
146,409
117,278
7 STAFF COSTS
Gross Pay
EmpLoyers National InSUra￿e
NICS Employment AILowance
Pensions
36,189
1.821
39,285
1,821
38,916
1,732
11.8211
858
11.8211
858
(1,7321
794
Total staff costs
37,047
40,143
39,710
Avera8e number of staff
2024
2023
NuwntEr of part tirne Staff empiosEd
FuLi-tirne equivalent staff nUm￿rS
8 INCOME FOR THEYEAR
This is ststed after charging=
Fees re Independent Examination
250
2(Kl
The Independent Examiner agreed to waive fees, but thnation5 are paid to a fe￿W PCC in recognition of his WDrk.
The members of rhe PCC, ¥tho are the Chariiy Trusiees. are entitled io cLiim out of ￿￿￿et exFenses LO cover F¥)5￿￿e,
phone and rniieage. No cLiitll5 ￿￿e math during either 5far.
P(C memtrErs receive rK) remuneration in resrErt of their duties as Trustees.

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 (cont.)
- Unrestricted Fund5---
General
De5i8nated
Totsl
2024
Total
2023
Funds
Church
9 TANGIBLE FIXED ASSErs
House
Total
Cost
As at January 1 2024
Disposal in the year
As at December 31 2024
Depreciation
As at January 1 2024
Charge for the year
Released on disposals
A5 at De￿[￿be[ 31 2024
Net BO￿ Value
As at December 31 2024
As at December 31 2023
2024
2023
10 INVESTMENTS
As at 1 January
Cash invested
364,450
323,524
Cash withdrawi
168,9501
Revaluation gainlliossl
18.311
40.926
As at 31 December
313,811
364,450
11 DEBTORS
Gift-aid tax rebates due
1.767
1,669
Prepayments
1,4Bi
3.150
1,767
12 CASH AT BANK AND IN HAND
CBF Church of EngL4nd De￿sit Fund balar￿e5
co.operative Bank balan
Cash
75,403
96.698
52,955
19,883
1.078
523
129,436
117,104
13 CREDITORS falling due within ￿e year
AccnJaL% & deferred income
1.265
965
1,265
965

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 (cont. )
14 STATEMENT OF FUNDS
Balance
Gains /
Balance
1 Jan 2024
Incowne
Ex￿d￿ture
1055e5 1
Transfer$ 31 Dec 2024
disposals
Restricted Fund5 held in trust for the Parish Schcd=
Sd)ool improvement
11)6.855
10,098
116,953
Sub-trtai
106.855
10.098
116,953
Restrlcted Funds under dlrect control of the PCC:
Stx>rts ￿Uage Churth
Y￿th vn)rker
63,139
5,816
16,4161
5,662
68,201
36.￿2
4.175
14.0651
36.112
Christians against px)verty
29,036
8,582
126,6921
10,926
Youth groups
26,244
750
11,7051
15,195
40,484
Friendship project
19.097
15.1021
113.9951
Operations managernent
4,307
18,5491
8,520
4,278
Outreach funds
2.361
1,058
11,7411
1,678
Flo￿tr$
1.974
15001
1.874
WeLcorne team
1,820
1,792
15,8641
2,748
Murn5 & tots
758
4021
356
YW AM I R&E Leakey supp)rt
4.5
14.5001
Sub-trrtal
184.738
27,073
{65.536)
5.662
14,720
166,657
Total Restrlcted funds
291.593
27.073
{65.536)
15,760
14,720
283.610
Designated - Major thurch Kirk5
147.480
128.8111
2.551
2.400
129.410
Designated - Church House
11,155
12,4(K)
114,4731
1,200
10,282
Designated - Property repairs
17,4891
5,100
1,117
Designated - FuncLional L￿7￿ling5
Designated - Bridgewaters
Free reserve5
30.￿15
107.145
194.4(M)I
123.4201
19,330
Total Unrestricted funds
192.147
125.335
1145.173)
Z.551
114.7201
160.140
Totsl fund5
483.740
152.408
1210.7091
1B.311
443.750

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 (cont.)
14 STATEMENT OF FUNDS Iccffitinue¢Jl
Restricted Funds
Restricted funds represent giving. grants atKI (k)nations for 5PEcific pu[W￿e5. Fund5 can onty LE used for those specific wrw5e5.
Designated Fund5
Designated funds a￿ funds alictated by the trustees for swfic wrrM)ses. These funds are revie*ed ￿UL￿rIY and if there is no
longer a need for the fund then it can be re&sed back to free reserves.
Free re5erve5
Free reserves represents the amounts available to the trustees to meet its (￿going rtJli8ations. The trustees policy Is to
hold 2-3 months operating costs in free reserves. At 31 December 2024 the balance represents 2.5 months. costs.
15 ANALYSIS OF NEf ASSEfs BEPIIEEN FUNDS
Fund balances at 31 December 2024 are re￿￿￿ented ty.-
Unrestricted Funds
General
DesSgnated Restrlcted
FLbnds
Fund5
Fund5
Total
Tangible fixed assets
Investments
129,410
30,730
203,732
79,878
313,811
129,436
502
Bank and cash BaL4nce5
18.828
Other net current a55ets
502
19.330
140.810
283,610
443.750
16 OPERAMNG LEASE COMMITMENTS
At 31 December 2024 the PCC had no ccffimitments uThJer ￿)n-ca￿eUabie operating leases.
17 TAXATION
The Parish of Christ Churth Pennington is a registered tharity and is entitw to cbirn annual exemption frorn UK
corporation tax under part 11 of CTA 2010.
18 CONTROLLING AND RELATED PARTIES
The Charity is under the control of the eierted mernber5 of the PCC are the Charitys Trustees.