## **Liskeard Parochial Church Council** 

## **Registered Charity No. 1130720** 

## **Statement of accounts** 

**for the year ended 31 December 2024** 



## **Liskeard Parochial Church Council Annual Report For the year ended 31 December 2024** 

## **Introduction** 

The Parochial Church Council (PCC) is a registered charity, number 1130720. It is registered with the Charity Commission under the name "The Parochial Church Council of the Ecclesiastical Parish of St Martin, Liskeard", with the working name of "Liskeard PCC". The charity is also known as St Martin's Church, Liskeard. 

## **Aims and Purposes** 

Our primary purpose as a church is the promotion of the Gospel of our Lord Jesus Christ, according to the doctrines and practices of the Church of England. Our main charitable purpose is therefore the advancement of religion. The PCC is required by the Parochial Church (Powers) Measure 1956 to co-operate with the parish priest (vicar) in promoting in the parish the whole mission of the church, pastoral, evangelistic, social and ecumenical. 

The parish church of Liskeard is dedicated to St Martin and is part of the Diocese of Truro within the Church of England. It is a grade II* listed medieval church with a capacity of 400. Liskeard PCC has maintenance responsibilities for this church and thereby preserves this historic building for future generations. The PCC is also responsible for the maintenance of St Martin's Church Centre (a grade II listed building) & the  lower church hall in Church Street, Liskeard. 

## **Public benefit** 

In carrying out their responsibilities, the members of the PCC (who are the charity trustees) have had regard to the Charity Commission’s guidance on public benefit. As well as having an active church membership, St Martin's is used by the community for key events, with special services held throughout the year, such as the Remembrance Day service. Special services are also held at Easter and Christmas, which many extra visitors and locals attend. The church also provides a focus for local people at key times in their lives, including baptisms, weddings and funerals. The church live streams services on its YouTube channel: (https://www.youtube.com/channel/UCkQ84Zh2Q67826P_-yuxp4A). 

One of the strengths of St Martin's is the range of services available, from the traditional sung Communion services, to the more modern services with worship led by a music group. Separate children's groups are held during the 11:00 Sunday services. This provides a choice of worship styles, to make the church accessible to as many people as possible. 

The PCC’s mission statement is "Through the power of the Spirit to bring the love of Jesus to our community, to make disciples and to worship God". With this mission statement in mind, we provide support to local families and individuals through a range of activities: 

- We act as a frontline support service to distribute crisis funding to those in real need. In 2024 we made 79 payments totalling £4,091 to families and individuals in need. 

- Our Christians Against Poverty debt centre helps people become and stay debt free. It covers Liskeard, Looe, Callington, Saltash and Torpoint areas. During the year we took on 47 new clients and saw £267,555 of debt repaid or written off. 13 clients became debt free in 2024. Since starting in April 2019, £534,829 of debt has been repaid or written off. 29 clients have become debt free since the centre opened. 

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## **Liskeard Parochial Church Council Annual Report For the year ended 31 December 2024** 

## **Public benefit (continued)** 

- During the year only two individuals sought help from us through ACTS 435 crowdfunding appeals. We providing £400 of help to them. 

- Our "SOAR for men" grew to around 50 mostly young men, with about 35 meeting each week. We also launched our "SOAR for women" group in September, with about 12 women attending. 

- We run Alpha and Youth Alpha courses for those exploring the Christian faith. During the year, 27 people attended Alpha, and 21 different young people engaged with our youth Alpha course. 

- We run the Transforming Lives for Good (TLG) Early Intervention programme with children. Many of our coaches stepped down at the end of the summer 2024 term after many years mentoring children. We will rebuild a new team in 2025 to continue helping children and young people in Liskeard School and Community College and at St Martin's Primary School. 

- Many of our members attend the weekly "Life Groups", where small groups meet to share and explore their faith. There are currently 10 Life Groups meeting, with about 90 people attending. 

- We run a variety of youth activities. In September we relaunched our "Blaze Kids' Club", as the "Blaze Supper Club", providing a meal and activities for the whole family. We are reaching around 8-10 families each week. Our weekly youth café averages 15 attendees, but we have had up to 22 on occasion. Overall we connect with around 45 young people through youth café and other youth events. 

- We continue our weekly ABC groups (Adults, Babies, Children). The average number attending each week was 32 children with 28 adults. The busiest week had 44 children, with 39 adults. 

- We attend weekly and fortnightly assemblies at two of the three primary schools in the parish under "Open the Book". As a result, 510 children regularly see dramatised versions of Bible Stories.  The third and largest primary school, with 388 pupils, has asked for Open the Book to come and present an Easter Open the Book in 2025. 

- We continue to be committed to Eco Church, where we have the Silver Eco Church award. 

St Martin's has an established internet and social media presence. Details of the church's services and other regular events can be obtained from the church office, or 

the church's website  (https://smartchurchliskeard.co.uk) or 

"A church near you" web site (www.acny.org.uk/2577/). 

The church, the church centre and the lower hall act as venues for a huge range of community groups and the members of St Martin's Church also support a range of charities in the work that they do. 

Dobwalls United Church is a Local Ecunenical Partnership between St Martin's and the Methodist church. Their accounts are prepared to 31 August, and are not included in this report or accounts. 

## **Objectives and activities** 

The church's "Transforming Mission" project is part funded by the Church Commissioners and the Diocese of Truro. The project is designed to help St Martin's Church grow and develop into a resourcing church, helping other churches in South East Cornwall to grow as well. We continued to grow in 2024, and now have a membership of about 300 adults and over 50 children and youth. Our CAP service now covers the whole of South East Cornwall. 

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## **Liskeard Parochial Church Council Annual Report For the year ended 31 December 2024** 

## **Objectives and activities (continued)** 

In addition to the vicar (who is not an employee of the PCC), the church's Transforming Mission team includes: an operations manager; a part-time church administrator responsible for our website and communications, a youth lead, part-time children's and families' lead and a part-time children's and families worker. 

The church also employs a part-time CAP centre manager (Christians Against Poverty); three parttime CAP debt coaches (one post became vacant from 1 January 2025); two other part-time church administrators; and a cleaner for the church centre complex. 

## **Vision and missional priorities** 

The church’s vision document can be found on our website, using this QR code, or visiting https://smartchurchliskeard.co.uk/about/#vision. In response to Jesus' love and generosity to us, our missional priorities are: 

Mission, evangelism & growth Families & young people Discipleship & good teaching Community & looking after the poor 

This diagram shows how what we do as a church fits in to these missional priorities. 

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## **Liskeard Parochial Church Council Annual Report For the year ended 31 December 2024** 

## **Vision and missional priorities (continued)** 

During the year, the church continued to implement its mission strategy, despite have no vicar until September 2024. 

We continue to promote our "marks of membership": 

- Regular church attendance (in person or online). 

- Being part of a team (such as welcoming). 

- Being part of a life group. - Giving regularly through planned giving. 

## **Achievements and performance** 

## _**Church attendance**_ 

The number on the new electoral roll for 2024-2025 is 237 (last year 214), comprising 182 people resident in the parish and 55 who are non-resident. The 2024 update resulted in 2 names being removed, and 25 new people being added to the electoral roll. 

The following numbers relate to the average attendances for our normal services for 2024, excluding special services such as at Christmas, Easter and Remembrance Sunday: 

- 9:15 Sunday service: 40 attended church, including 1 child, with 56 YouTube views. 

- 11:00 Sunday service: 87 attended church, including 20 children, with 83 YouTube views. 

- 10:00 Sunday combined services: 105, including 13 children, with 100 YouTube views. 

- 19:00 Sunday evening services (not online): 16 attended. 

- Wednesday morning communion (not online): 19 attended. 

- The total average weekly attendance for our regular weekly services in 2024 was therefore 162 people, with 139 YouTube views. 

Over Advent and Christmas, over 2,600 people attended the special services and events such as Carol services, Christingle services, the crib service and our musical nativities. 

## **Summary of the results for the year** 

The overall financial results for 2024 are income of £372,839 (2023: £358,513), expenditure of £365,879 (2023: £339,832), giving an overall operating surplus for the year of £6,960 (2023: a surplus of £18,681). 

Our general fund made a surplus of £31,842.The endowment fund made a surplus of £8,755, most of which was allocated to support the halls renovation project.Turning to the restricted funds, Note 12 shows the individual results for each fund. Transforming Mission made a deficit of -£50,617. CAP made a surplus of £29,786 and we have requested a reduction in the Lowest Income Community Fund grant support for CAP from the Diocese of Truro for 2025. 

During the year we sold some investments, creating a realised gain of £2,863. Our investments performed well in 2024, creating an additional unrealised gain of £11,405. This increased our net increase in funds for 2024 to £21,228. 

Our mission fund is designed to help with the transition from being fully funded for Transforming Mission in 2019 to fully self-financing from 2026 or 2027. In 2024 we paid the first £48,000 of costs of Transforming Mission and will pay the first £54,000 of costs in 2025. With a Transforming Mission operating deficit of -£50,617, a general fund surplus of £31,842, a surplus of £1,374 on the Mission Fund and an endowment fund surplus of £8,755, then the overall operating deficit for the main activities of the church was -£8,646. Whilst we can't rely on our investments increasing every year, this deficit was more than covered by the increase in value of our investments. 

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## **Liskeard Parochial Church Council Annual Report For the year ended 31 December 2024** 

## **Summary of results for the year (continued)** 

At the end of the year, we transferred £16,100 from the General Fund and £10,000 from the Mission Fund to wipe out the deficit on the Transforming Mission Fund. 

We continued with our fundraising for the halls’ renovation project, “Making St Martin’s Church Centre Net Zero”. We raised £24,839 through donations and grant funding for the project, and spent £33,239, mostly on professional fees. In March we were accepted as a demonstrator project by the National Church of England. This gave us support with fundraising, technical support, and funding to get us to planning consent and to help us raise 50% of the project costs.. It will also give us £50,000 funding towards the project itself, and £36,000 of matched funding from Benefact Trust. We obtained listed buildings consent in August. 

St Martin’s Church has a policy of paying staff at least the Real Living Wage, which is higher than the National Living Wage. From November 2022 the Real Living Wage increased from £9.90 to £10.90 per hour and increased to £12.00 per hour from November 2023. It increased again in November 2024 to £12.60. So, for most of our staff, salaries and their related costs have increased by 27.3% in three years. Our original Transforming Mission budget for the lifetime of the project assumed inflation of 2% (so 6.1% over three years). Whilst it is right that we continue to honour the principal of paying the Real Living Wage (and it is a condition of a £22,000 grant from the Community Capacity Fund), these three years of high inflation have made the task of becoming financially self-sufficient when the Transforming Mission funding ends more difficult. General fund planned giving for 2024 remained broadly the same as 2023, which again does not bode well in terms of taking on increased funding of Transforming Mission. We will need to see significant increase in giving if we are to reach financial self-sustainability by the end of the Transforming Mission funding. 

## **Annual Planned Giving** 


**----- Start of picture text -----**<br>
£120,000<br>£100,000<br>£80,000<br>£60,000<br>£40,000<br>£20,000<br>£0<br>2019 2020 2021 2022 2023 2024<br>PGS taxpayers PGS non-taxpayers<br>Standing orders taxpayers Standing orders non-taxpayers<br>CAF Gift aid<br>Redirected to halls project<br>**----- End of picture text -----**<br>


Our halls income increased during 2024 to £22,629 (2023: £18,284) and our costs reduced to £27,527 (2023: £30,728). The deficit, which is caused largely by the energy crisis, is reducing, and our aim is to get back to break even or a small surplus. However, assuming the halls renovation project goes ahead, it will significantly impact on parking for about five months and may at times affect access to the upper hall. This may adversely affect the halls income during 2025. 

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## **Liskeard Parochial Church Council Annual Report For the year ended 31 December 2024** 

## **Summary of results for the year (continued)** 

Our endowment fund arose from the sale of Lanseaton Farm and some land at Lanchard in the mid1990s. As an endowment, we can spend the income generated from the fund, but cannot touch the capital. Growth in the capital of the fund remains part of the endowment. So, the original capital value of the endowment, which at 31 December 1997 was just under £126,000, now stands at just over £305,000. With the current high interest rates, the fund  produced £8,755 of income. This income can be used for “ecclesiastical purposes”, which is really anything to do with the church’s mission or activities. We have transferred all of 2024's endowment income to the halls project. 

Depreciation is a recognition of the using up of assets. If an asset costs £5,000 when we buy it, and is expected to last five years, then each year of its life we depreciate the asset by £1,000, so that at the end of its life the asset has been fully written down in the accounts. We spent a considerable amount on chairs, tables, audio-visual equipment and other equipment as part of the church reordering in 2018 / 2019, which is why the reordering fund is still showing a balance (being the remaining asset values), with depreciation as the only expenditure (see note 12). Overall, in round numbers, our depreciation is down from £20,000 last year to £16,000 this year. Whilst this looks like good news, it also tells us that our assets are getting older and will likely need to be replaced at some time. 

## **Looking forward to 2025** 

Whilst our diocesan Mission & Ministry Fund (MMF) call (our contribution to the diocese for the costs of ministry and other central support) for 2024 was  £68,771, it was reduced by £18,150 with the diocese's "Lowest Income Community Fund" or LICF, leaving a call of just £50,586. Nevertheless, we continued to pay £60,000 as MMF, with the surplus of £9,414 being an additional contribution to the overall call for our deanery. For 2025, we will pay to £62,000 against a call (after LICF) of £52,403. This will still result in an overpayment which will help the rest of the deanery. However, with our increasing parish contribution to Transforming Mission, we may not be able to pay more than our adjusted call beyond 2025. 

Our budget for 2025 is set out on pages 25 and 26, and shows an overall deficit of -£43,840. Within this deficit is the 2025 parish contribution to Transforming Mission of £54,000. This parish contribution will continue to increase year on year, as shown on page 8. Based on the current forecast, the Mission Fund, which currently covers the parish contribution to Transforming Mission, will run out in 2026, unless we start to fund more of the parish contributions from the general fund. 

## _**Church halls complex**_ 

At the time of writing this annual report the roof phase of our Church Hall renovation project is entering a critical period. During the winter of 2024 we wrote grant funding applications to the National Lottery Heritage Fund and a number of other funders. We have had grants awarded of £30,000 from Garfield Weston, and £15,000 from the Congregational & General Charitable Trust, both conditional on us raising the rest of the funding and undertaking the work. We are still awaiting news from most of the other funders, including the main one, the National Lottery Heritage Fund. 

We prepared tender documents during December and selected our preferred contractor in January 2025. The project cost for this phase of the project had risen to £624,000, and the new £25,000 restriction on the Listed Place of Worship Scheme has meant that we needed to raise an addittional £65,000. We have identified aspects of the work that can be deferred to a later phase, reducing the overall cost to £543,000. 

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## **Liskeard Parochial Church Council Annual Report For the year ended 31 December 2024** 

## _**Church halls complex (continued)**_ 

We will only be able to go ahead with this work if we can raise the required funds. Given the current uncertainty surrounding the funding of this project, we have not included the grant income and the expenditure in the 2025 budget. 

## **Safeguarding** 

The PCC has complied with the duty under section 5 of the Safeguarding and Clergy Discipline Measure 2016 (duty to have regard to House of Bishops’ guidance on safeguarding children and vulnerable adults). 

## **Reserves policy** 

Reserves are defined as that part of the PCC's income that is freely available. This excludes the PCC's restricted and endowment funds and income which can only be realised by selling fixed assets held for charity use. 

**General fund:** The PCC does not intend to build up large reserves. To minimise the risk of being unable to meet all its financial obligations as they fall due, including full payment of the Mission & Ministry Fund (MMF), and being able to pay all the staff salaries, the PCC is aiming to hold sufficient liquid general fund resources to meet 8 months’ running costs. 

As at 31 December 2024 the general fund resources that are readily realisable represent 10.1 months’ routine general fund payments (2023: 11.5 months). However, the Transforming Mission (TM) fund now forms an integral part of our day to day operations, with as much operational expenditure going through that fund as goes through the general fund. When the general and TM funds are combined, the available reserves fall to 6.4 months' expenditure (2023: 7.3 months). 

**Restricted funds:** The PCC does not plan to hold significant restricted funds and the PCC will seek to use the restricted funds to support the general activities of the church, within the restrictions placed on those funds. Where special needs arise, the PCC will seek external grant funding and instigate fundraising activities and appeals to meet that need. 

As part of our Transforming Mission project, the external funding decreases year on year and the PCC must contribute more and more to the costs. The PCC will use its restricted funds to help provide some longer term financial security during this period. In particular, as the church grows under the Transforming Mission project, the Mission Fund will be a vital resource to help us manage the transition from fully funded towards financially self-sustainable. 

At 31 December 2024 the Mission Fund had £114,010. If we used the Mission Fund to cover all of the parish contributiuon, the fund would be exhausted by early 2027. Instead, we chose to use some of our general fund resources in 2024 and may do the same again in 2025, to extend the life of the Mission Fund further into 2027 or beyond and so smooth out the transition to financial sustainability. 

The table on the next page shows the past and future split between external funding and parish funding for the project, based on the latest financial projections. 

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## **Liskeard Parochial Church Council Annual Report For the year ended 31 December 2024** 

## **Reserves policy (continued)** 

|Year<br>2019<br>2020<br>2021<br>2022<br>2023<br>2024<br>2025<br>2026<br>2027<br>**Total**|Parish contributions<br>based on the latest<br>reforecast<br>Church<br>Commissioners /<br>Truro Diocese funding<br>Total<br>project<br>cost<br>£0<br>£13,373<br>£13,373<br>£8,013<br>£89,138<br>£97,151<br>£18,988<br>£117,115<br>£136,103<br>£30,000<br>£107,179<br>£137,179<br>£40,000<br>£55,271<br>£95,271<br>£48,000<br>£52,417<br>£100,417<br>£54,000<br>£60,176<br>£114,176<br>£66,000<br>£53,686<br>£119,686<br>£79,900<br>£41,645<br>£121,545|
|---|---|
||**£344,901**<br>**£590,000**<br>**£934,901**|



**Endowment fund:** As already stated in this report, the PCC benefits from the Lanseaton endowment fund, which was created by the sale of property. As an endowment fund, we cannot spend the capital and the income from the fund can only be used for ‘ecclesiastical purposes’. In the past, the PCC has been able to use this to help finance major projects, such as the church reordering. Where such projects are foreseeable the PCC may designate the income from this fund to be used for those projects. Otherwise, the PCC will seek to use the income to support the general activities of the church, within the restrictions placed on the fund. 

## **Parochial Church Council (PCC)** 

The PCC is the governing body of the church, and its members are the trustees of the charity. The PCC met eleven times during the year, including a brief meeting after the APCM. The day to day management of the church is undertaken by the clergy and staff team. The role of the PCC is to review, advise on and approve strategic issues, risk assessments, policies and procedures and the church's financial position. During the year the PCC considered a range of topics, including: 

- Regular consideration of safeguarding; health & safety; finances; the risk register; and mission activities & initiatives. 

- The advertising for, interviewing and appointment of our next vicar. 

- Updates on progress on the Church Hall renovation project. 

- Reviewing and approving new and updated policies 

- Receiving updates on Transforming Mission, staffing changes, Maudlin Field and the various activities in the church. 

- The role and accountability of the transitions team / standing committee. 

- The state of the church building and the results of our quinquennial inspection. 

- The link with Tanzania and Empowering the Future. 

- Receiving Deanery and Diocesan Synod reports. 

- Approving new volunteers to become Local Worship Leaders and Local Pastoral Ministers 

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## **Liskeard Parochial Church Council Annual Report For the year ended 31 December 2024** 

## **Structure, governance and management** 

Liskeard PCC is an unincorporated charity. The method of appointment of PCC members is set out in the Church Representation Rules 2020. All Church attendees are encouraged to register on the electoral roll and stand for election to the PCC. PCC members are encouraged to attend relevant training days offered by the Diocese of Truro. 

## **Risk assessment** 

The PCC's main risk is the financial risk stemming from increasing parish contributions up to 2026 and the need to become financially self-supporting by 2027 as the grant funding for Transforming Mission comes to an end. The PCC is blessed by the existence of the Mission Fund, which helps mitigate this risk in the short-term. 

The route to financial sustainability was always going to be challenging, but COVID and the loss of our vicar for 18 months has put the church's growth plans back considerably. The future emergence of a new and aggressive variant of COVID or a widespread epidemic would make that challenge even more difficult. 

With the loss of our vicar, curate, families' and children's lead, and our worship leader, our volunteers were stretched and this put pressure on the various services and activities we did. We successfully appointed our new vicar, who started in September 2024, our youth intern has become our youth lead, and we have recruited  part-time families' and children's lead and worker to complete the team. Due to increasing growth in our church members we need to increase our volunteer teams even more, but as with so many other organisations, this remains a challenge. 

The costs of the halls project continue to increase, with the tender process giving total costs for a slightly scaled-back roof phase of the project at £590,000. At the time of writing this report we do not know if we will be able to successfully raise the funds to undertake the work. If we cannot proceed, then the halls will continue to deteriorate. 

## **Net Zero 2030** 

The Church of England passed a resolution at General Synod for the whole of the Church of England to aim to be net zero emissions by 2030. This is an ambitious target and relates to all aspects of the Church of England's activities. 

As indicated in the public benefit part of this report, St Martin's Church signed up to the A Rocha Eco Church scheme and was awarded its silver certificate in 2023. 

St Martin's Church is the second largest parish church in the diocese, and before the energy crisis it was used regularly throughout the week, as was the church halls complex. Keeping these historic buildings warm and inviting is energy intensive, and whilst we are on 100% renewable electricity, the main source of heating remains gas. 

The cost of gas and electricity increased significantly from 1 October 2022. Although energy prices dropped from 1 October 2023, they are still well above the prices prevailing before the energy crisis. 

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## **Liskeard Parochial Church Council Annual Report For the year ended 31 December 2024** 

## **Net Zero 2030 (continued)** 

We are actively managing the church heating, using an app that came with the underfloor heating introduced during the church reordering. We have moved as much mid-week activity as possible out of the church building into the halls complex, as the halls are cheaper to heat, and so we are only heating the church for services and other key events. Whilst energy prices are now below the peak in 2023, they remain significantly higher than before the invasion of Ukraine. 


**----- Start of picture text -----**<br>
Energy usage (kWh)<br>300000<br>250000<br>200000<br>150000<br>100000<br>50000<br>0<br>2019 2020 2021 2022 2023 2024<br>Church gas (kWh) Upper hall gas (kWh) Lower hall gas (kWh)<br>Halls electricity (kWh) Church electricity (kWh)<br>Energy usage (£)<br>30000<br>25000<br>20000<br>15000<br>10000<br>5000<br>0<br>2019 2020 2021 2022 2023 2024<br>Church gas (£) Upper hall gas (£) Lower hall gas (£)<br>Halls electricity (£) Church electricity (£)<br>**----- End of picture text -----**<br>


## **Administrative information** 

Rev Mark Wade is the new Vicar and Oversight Minister for the benefice of Liskeard & St Keyne. Initial contact with the PCC will normally be via Mrs Nikki Carter, the church's Operations Manager, or Tiffany Biddle, the PCC secretary, both in the church office. 

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## **Liskeard Parochial Church Council Annual Report For the year ended 31 December 2024** 

## **Administrative information (continued)** 

The address and other contact details are: 

Address St Martin's Church, St Martin's Church Centre, Church Street, Liskeard, PL14 3AQ Telephone 01579 347411 E-mail office@smartchurchliskeard.co.uk Web www.smartchurchliskeard.co.uk 

The members of PCC who have served since the commencement of the financial year until the approval of the accounts are set out below, along with any other responsibilities they have: 

Vicar and Oversight Minister Rev Mark Wade Appointed 5 Sep 24 Reader, Deanery lay chair, & Mrs Sheri Sturgess PCC lay chair Diocesan Synod, Churchwarden Mr Mike Sturgess & Treasurer Appointed Churchwarden 21 Apr 24 Churchwardens Miss Rachael Pryor Mr Darren Arulvasagam Appointed Churchwarden 21 Apr 24 Mr John Vincent Resigned 21 Apr 24 Deanery Synod Mrs Linda Dean Resigned 21 Apr 24 Mrs Margaret Mills Mrs Jenny Yabsley Appointed 21 Apr 24 Other PCC members Mr Mark Allen Appointed 21 Apr 24 Mr Mick Chandler Mrs Susan Hearne Resigned 21 Apr 24 Dr David Leswell Mrs Janet Martin Dr Tony Piper Appointed 21 Apr 24 Mrs Lynette Rule Ms Caroline Shepherd Resigned 21 Apr 24 Mr Ian Thompson Mrs Jo Wiltshire Appointed 21 Apr 24 

Mrs Nikki Carter is a member of deanery synod, but attends the PCC meetings in a non-voting capacity as Operations Manager. 

Mike Sturgess was Chair of the Truro Diocesan Board of Finance Limited (TDBF) and sat on the board's governing body, the Bishop's Diocesan Council. TDBF is the custodian trustee holding the church halls complex and the Lanseaton Endowment Fund on behalf of Liskeard PCC, which is the managing trustee. He resigned as Chair of TDBF on 9 September 2024. 

The PCC's independent examiner of the financial statements is Andrew Farr of Dawe, Hawken & Dodd, Callington. 

The PCC's bankers are: HSBC and CAF Bank, Kings Hill, West Malling. The PCC's investment managers are CCLA, Queen Victoria Street, London. 

Mike Sturgess 

Churchwarden & Treasurer 

24-Feb-25 

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## **Liskeard Parochial Church Council Statement of Financial Activities** 

|**Note**<br>**INCOMING RESOURCES**<br>Income from donations and legacies<br>2a<br>Income from church activities<br>2b<br>Income from other trading activities<br>2c<br>Investment income<br>2d<br>Other income<br>2e<br>**RESOURCES USED**<br>Expenditure on raising funds<br>3a<br>Expenditure on church activities<br>3b<br>Other expenditure<br>3c<br>**NET INCOMING / (OUTGOING) RESOURCES**<br>**BEFORE INVESTMENT GAINS**<br>**GAINS AND LOSSES ON INVESTMENTS**<br>Investment gains / (losses)<br>_- Realised gains / (losses)_<br>_- Unrealised gains / (losses)_<br>**TRANSFERS BETWEEN FUNDS**<br>Transfer into funds<br>14<br>Transfer out of funds<br>14<br>**NET MOVEMENT IN FUNDS**<br>Opening balances<br>**BALANCES C/FWD AT 31 December 2024**<br>**For the year ended 31 December 2024**|**Unrestricted**<br>**Restricted**<br>**Endowment**<br>**Total**<br>**Unrestricted**<br>**Restricted**<br>**Endowment**<br>**Total**<br>**Funds**<br>**Funds**<br>**Funds**<br>**Funds**<br>**Funds**<br>**Funds**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>154,498<br>159,113<br>0<br>313,611<br>133,508<br>172,086<br>0<br>305,594<br>32,567<br>0<br>0<br>32,567<br>28,158<br>0<br>0<br>28,158<br>2,287<br>1,753<br>0<br>4,040<br>2,159<br>1,021<br>0<br>3,180<br>5,981<br>7,847<br>8,755<br>22,583<br>6,272<br>3,433<br>8,418<br>18,123<br>38<br>0<br>0<br>38<br>3,458<br>0<br>0<br>3,458<br>**__________________ 2024 __________________**<br>**________________ 2023 __________________**|
|---|---|
||**£195,371**<br>**£168,713**<br>**£8,755**<br>**£372,839**<br>**£173,555**<br>**£176,540**<br>**£8,418**<br>**£358,513**|
||4,159<br>142<br>0<br>4,301<br>2,589<br>1,110<br>0<br>3,699<br>155,682<br>169,670<br>0<br>325,352<br>167,834<br>137,661<br>0<br>305,495<br>3,688<br>32,538<br>0<br>36,226<br>4,169<br>26,469<br>0<br>30,638|
||**£163,529**<br>**£202,350**<br>**£0**<br>**£365,879**<br>**£174,592**<br>**£165,240**<br>**£0**<br>**£339,832**|
||**31,842**<br>**(33,637)**<br>**8,755**<br>**6,960**<br>**(1,037)**<br>**11,300**<br>**8,418**<br>**18,681**<br>621<br>2,242<br>0<br>2,863<br>0<br>0<br>0<br>0<br>992<br>3,581<br>6,832<br>11,405<br>475<br>16,645<br>25,872<br>42,992|
||**33,455**<br>**(27,814)**<br>**15,587**<br>**21,228**<br>**(562)**<br>**27,945**<br>**34,290**<br>**61,673**|
||0<br>35,350<br>0<br>35,350<br>2,631<br>72,000<br>0<br>74,631<br>(16,100)<br>(10,500)<br>(8,750)<br>(35,350)<br>(27,000)<br>(40,000)<br>(7,631)<br>(74,631)|
||**17,355**<br>**(2,964)**<br>**6,837**<br>**21,228**<br>**(24,931)**<br>**59,945**<br>**26,659**<br>**61,673**|
||125,541<br>395,212<br>302,317<br>823,070<br>150,471<br>335,267<br>275,658<br>761,396|
||**142,896**<br>**392,248**<br>**309,154**<br>**844,298**<br>**125,540**<br>**395,212**<br>**302,317**<br>**823,069**|



Page 12 



## **Liskeard Parochial Church Council Balance Sheet** 

|**For the year ended 31 December 2024**<br>**Notes**<br>**FIXED ASSETS**<br>**Tangible Fixed Assets**<br>6<br>**Investments**<br>7<br>**CURRENT ASSETS**<br>Debtors<br>8<br>Cash at bank and in hand<br>9<br>**LIABILITIES: AMOUNTS FALLING DUE WITHIN**<br>**ONE YEAR**<br>10<br>**NET CURRENT ASSETS**<br>**LIABILITIES: AMOUNTS FALLING DUE IN**<br>**MORE THAN ONE YEAR**<br>**NET ASSETS**<br>**FUNDS**<br>Opening balances<br>Surplus / (deficit)<br>Transfers<br>14<br>Realised and unrealised gains/(losses)<br>**TOTAL FUNDS AT 31 December 2024**<br>11<br>These financial statements were approved by the PCC<br>on 24 February 2025 and signed on its behalf by:|**Unrestricted**<br>**Restricted**<br>**Endowment**<br>**Funds**<br>**Funds**<br>**Funds**<br>**£**<br>**£**<br>**£**<br>5,617<br>102,358<br>0<br>22,987<br>73,714<br>305,319<br>28,604<br>176,072<br>305,319<br>16,070<br>9,898<br>0<br>105,181<br>208,605<br>3,835<br>121,251<br>218,503<br>3,835<br>6,959<br>2,327<br>0<br>114,292<br>216,176<br>3,835<br>0<br>0<br>0<br>**£142,896**<br>**£392,248**<br>**£309,154**<br>125,541<br>395,212<br>302,317<br>31,842<br>(33,637)<br>8,755<br>(16,100)<br>24,850<br>(8,750)<br>1,613<br>5,823<br>6,832<br>**£142,896**<br>**£392,248**<br>**£309,154**<br>**__________________ 2024 _________**<br>|**Total**<br>**Unrestricted**<br>**Restricted**<br>**Endowment**<br>**2024**<br>**Funds**<br>**Funds**<br>**Funds**<br>**£**<br>**£**<br>**£**<br>**£**<br>107,975<br>7,446<br>114,202<br>0<br>402,020<br>35,640<br>119,367<br>298,487<br>509,995<br>43,086<br>233,569<br>298,487<br>25,968<br>11,024<br>7,347<br>0<br>317,621<br>79,761<br>155,352<br>3,830<br>343,589<br>90,785<br>162,699<br>3,830<br>9,286<br>8,331<br>1,056<br>0<br>334,303<br>82,454<br>161,643<br>3,830<br>0<br>0<br>0<br>0<br>**£844,298**<br>**£125,540**<br>**£395,212**<br>**£302,317**<br>823,070<br>150,471<br>335,267<br>275,658<br>6,960<br>(1,037)<br>11,300<br>8,418<br>0<br>(24,369)<br>32,000<br>(7,631)<br>14,268<br>475<br>16,645<br>25,872<br>**£844,298**<br>**£125,540**<br>**£395,212**<br>**£302,317**<br>Mike Sturgess<br>Mark Ware<br>Treasurer<br>Vicar<br>**________________ 2023 _________**<br>**_________**|**Total**<br>**2023**<br>**£**<br>121,648<br>453,494<br>575,142<br>18,371<br>238,943<br>257,314<br>9,387<br>247,927<br>0<br>**£823,069**<br>761,396<br>18,681<br>0<br>42,992<br>**£823,069**<br>**___________**|
|---|---|---|---|



Page 13 



## **Liskeard Parochial Church Council Notes to the accounts For the year ended 31 December 2024** 

## **1 ACCOUNTING POLICIES** 

The PCC is a public benefit entity within the meaning of FRS102.  The financial statements have been prepared: 

- under the Charities Act 2011: and 

- in accordance with the Church Accounting Regulations governing the individual accounts of PCCs, and with the Regulations’ “true and fair view” provisions; 

- together with FRS102 as the applicable accounting standards; and 

- - the 2019 version of the Statement of Recommended Practice: Accounting and Reporting by Charities (SORP(FRS102)). 

The financial statements have been prepared under the historical cost convention except for the valuation of investment assets, which are shown at fair value. 

## _**Funds**_ 

General funds (or unrestricted 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. 

Restricted funds are those that must be spent on restricted purposes. Endowment funds only allow the income generated by the capital to be expended, and then only on the restricted purpose of the fund. Details of the various funds held by the PCC are provided in note 11. 

The accounts include all transactions, assets and liabilities for which the PCC is responsible in law. They do not include the accounts of church groups that owe their main affiliation to another body nor those that are informal gatherings of Church members. 

## _**Incoming Resources**_ 

Income and endowments are included in the Statement of Financial Activities (SOFA) when: 

- 1 the PCC becomes legally entitled to the use of the resources; and 

- 2 inflow of economic benefit is probable; and 

- 3 the monetary value can be measured with sufficient reliability. 

In practice, this means that: 

- Collections are recognised when received by or on behalf of the PCC. 

- Planned giving receivable under gift aid is recognised only when received. 

- Tax recoverable on gift aid donations and under the Gift Aid Small Donations Scheme is recognised when the related income is recognised. 

- Grants and legacies to the PCC are accounted for as soon as the PCC is notified of its legal entitlement, the amount due is quantifiable and its ultimate receipt by the PCC is reasonably certain. 

- Funds raised by fundraising events are accounted for gross. 

- Sales of books, cards and other items are accounted for gross. 

- - Monies received from external users of the church and church halls are recognised in the same period as the related usage. 

- Investment income is accounted for when receivable. 

- Investment gains or losses are recognised when investments are sold and on revaluation of investments at 31 December. 

## _**Resources Used**_ 

- Grants awarded by the PCC and donations made are accounted for when paid over, or when awarded, if that award creates a binding obligation on the PCC. 

Page 14 



## **Liskeard Parochial Church Council Notes to the accounts For the year ended 31 December 2024** 

## **1 ACCOUNTING POLICIES (CONTINUED)** 

## _**Resources Used (continued)**_ 

- The diocesan Mission & Ministry Fund (MMF) is accounted for when payable. Any MMF unpaid at 31 December is provided for in the financial statements as an operational (though not legal) liability and is shown as a creditor. 

## _**Fixed Assets**_ 

## _Consecrated land and buildings and moveable church furnishings_ 

- St Martin’s Church in Liskeard, as consecrated and beneficed property, is excluded from the accounts by section 10(2)(a) and (c) of the Charities Act 2011. 

- No value is placed on movable church items held by the churchwardens on special trust for the PCC and which require a faculty for disposal, since the PCC considers them to be inalienable property and part of the Church. 

- All expenditure incurred during the year on consecrated or benefice buildings and maintenance or improvements of movable church furnishings is written off as expenditure in the SOFA and separately disclosed. As a result, the costs of any major works are written off during the year incurred. 

## _Church halls complex_ 

- The church hall complex is depreciated at 2% per annum straight-line based on an estimated 50 year-life. The PCC has taken advantage of the transitioning provisions of the Charities SORP (FRS 102) 2015 to “freeze” the cost as shown in the financial statements at 1 January 2015, as a substitute for the historic cost of the church halls complex. 

## _Solar panels_ 

- The solar panels on the church roof are depreciated on a straight-line basis over 20 years, which is their expected operational life. 

## _Reordering furniture and equipment_ 

- All assets are depreciated on a straight-line basis. The chairs and tables for the church that were bought during the reordering are depreciated over 10 years; the audio-visual and CCTV equipment are depreciated over 5 years, and the computers over 3 years. 

_Other fixtures, fittings and office equipment_ 

- Other equipment used within the church and church centre is depreciated on a straight-line basis over 4 years. Computer equipment is depreciated on a straight-line basis over 3 years. Individual items of equipment with a purchase price of £250 or less are written off when the asset is acquired unless part of a larger system acquired at the same time. 

## _**Investments**_ 

- Investments are valued at market value at 31 December each year. 

## _**Current Assets**_ 

- Amounts owing to the PCC at 31 December in respect of fees, use of the church or church halls or other income are shown as debtors less provision for amounts that may prove not to be collectable. 

- Cash at bank and in hand includes cash held on deposit either with the CBF Church of England Funds or at HSBC or CAF bank accounts. It also includes the various petty cash floats held, including cash or food vouchers held for the poverty fund. 

## _**Liabilities**_ 

- Liabilities are recognised where it is more likely than not that there is a legal or constructive obligation committing the charity to pay out resources and the amount of the obligation can be measured with reasonable certainty. 

Page 15 



## **Liskeard Parochial Church Council** 

## **Notes to the accounts** 

|**For the year ended 31 December 2024**<br>**2**<br>**INCOMING RESOURCES**<br>**Notes**<br>**2a Income from donations and legacies**<br>Gift aided planned giving<br>Tax recoverable<br>Other planned giving<br>Collections<br>Grants and benefice churches' contributions<br>Note 13<br>Donations and appeals<br>Donations for special purposes<br>Legacies<br>2b **Income from church activities**<br>Income from church halls<br>Income from church bookings<br>Fees paid to the PCC (for weddings & funerals)<br>2c **Income from other trading activities**<br>Income from various trading activities<br>Fundraising activities<br>2d **Investment income**<br>Income from investment funds<br>Bank interest<br>Feed In Tariff<br>Profit on sale of assets<br>2e **Other income**<br>Miscellaneous income<br>**TOTAL INCOMING RESOURCES**<br>**TOTAL RESOURCES EXPENDED**<br>**NET INCOMING / (OUTGOING) RESOURCES**<br>**BEFORE INVESTMENT GAINS**|**Unrestricted**<br>**Restricted**<br>**Endowment**<br>**Funds**<br>**Funds**<br>**Funds**<br>**£**<br>**£**<br>**£**<br>**__________________ 2024 ________**|**Total**<br>**Unrestricted**<br>**Restricted**<br>**Endowment**<br>**Funds**<br>**Funds**<br>**Funds**<br>**£**<br>**£**<br>**£**<br>**£**<br>**__________**<br>**________________ 2023 __________**|**Total**<br>**Unrestricted**<br>**Restricted**<br>**Endowment**<br>**Funds**<br>**Funds**<br>**Funds**<br>**£**<br>**£**<br>**£**<br>**£**<br>**__________**<br>**________________ 2023 __________**|**Total**<br>**£**<br>**________**|
|---|---|---|---|---|
||56,987<br>1,210<br>0<br>22,567<br>3,464<br>0<br>35,199<br>2,215<br>0<br>1,285<br>0<br>0<br>9,881<br>136,814<br>0<br>25,676<br>15,410<br>0<br>2,903<br>0<br>0<br>0<br>0<br>0|58,197<br>26,031<br>37,414<br>1,285<br>146,695<br>41,086<br>2,903<br>0|54,512<br>660<br>0<br>19,508<br>4,678<br>0<br>36,652<br>2,005<br>0<br>2,952<br>0<br>0<br>1,452<br>136,020<br>0<br>11,101<br>28,723<br>0<br>4,331<br>0<br>0<br>3,000<br>0<br>0|55,172<br>24,186<br>38,657<br>2,952<br>137,472<br>39,824<br>4,331<br>3,000|
||154,498<br>159,113<br>0|313,611|133,508<br>172,086<br>0|305,594|
||22,629<br>0<br>0<br>1,476<br>0<br>0<br>8,462<br>0<br>0|22,629<br>1,476<br>8,462|18,284<br>0<br>0<br>587<br>0<br>0<br>9,287<br>0<br>0|18,284<br>587<br>9,287|
||32,567<br>0<br>0|32,567|28,158<br>0<br>0|28,158|
||700<br>219<br>0<br>1,587<br>1,534<br>0|919<br>3,121|0<br>0<br>0<br>2,159<br>1,021<br>0|0<br>3,180|
||2,287<br>1,753<br>0|4,040|2,159<br>1,021<br>0|3,180|
||147<br>0<br>8,269<br>4,622<br>7,847<br>486<br>1,212<br>0<br>0<br>0<br>0<br>0|8,416<br>12,955<br>1,212<br>0|129<br>0<br>8,143<br>4,254<br>3,433<br>275<br>1,568<br>0<br>0<br>321<br>0<br>0|8,272<br>7,962<br>1,568<br>321|
||5,981<br>7,847<br>8,755|22,583|6,272<br>3,433<br>8,418|18,123|
||38<br>0<br>0|38|3,458<br>0<br>0|3,458|
||38<br>0<br>0|38|3,458<br>0<br>0|3,458|
||||||
||195,371<br>168,713<br>8,755|372,839|173,555<br>176,540<br>8,418|358,513|
||||||
||163,529<br>202,350<br>0|365,879|174,592<br>165,240<br>0|339,832|
||||||
||**£31,842**<br>**(£33,637)**<br>**£8,755**|**£6,960**|**(£1,037)**<br>**£11,300**<br>**£8,418**|**£18,681**|



Page 16 



## **Liskeard Parochial Church Council** 

## **Notes to the accounts** 

## **For the year ended 31 December 2024** 

|**3**<br>**RESOURCES EXPENDED**<br>**Notes**<br>3a **Expenditure on raising funds**<br>Costs of film club, cards, fetes, bazaars, other fund-<br>raising events<br>Advertising and publicity costs<br>3b **Expenditure on church activities**<br>**_Missionary and charitable giving_**<br>Note 4<br>Church overseas (missionary societies)<br>Relief and development agencies<br>Home missions and other church societies /org'ns<br>Secular charities<br>**_Ministry:_**<br>Diocesan quota (MMF: Mission & Ministry Fund)<br>Clergy expenses<br>Other ministry costs<br>Reader & organist costs<br>Church running expenses<br>Church maintenance<br>Upkeep of services<br>Expenditure on communication<br>Training costs<br>Costs of  youth club, housegroups etc<br>Church hall running costs<br>Major repairs<br>Salaries & office running costs<br>Depreciation on equipment<br>Depreciation on solar panels<br>Depreciation on church hall<br>3c **Other expenditure**<br>Professional fees<br>Costs of PCC meetings / away days etc.<br>Bank and credit card charges<br>Sundry expenses<br>**TOTAL RESOURCES EXPENDED**|**Unrestricted**<br>**Restricted**<br>**Endowment**<br>**Funds**<br>**Funds**<br>**Funds**<br>**£**<br>**£**<br>**£**<br>**__________________ 2024 ________**|**Total**<br>**Unrestricted**<br>**Restricted**<br>**Endowment**<br>**Funds**<br>**Funds**<br>**Funds**<br>**£**<br>**£**<br>**£**<br>**£**<br>**__________**<br>**_________________ 2023 __________**|**Total**<br>**Unrestricted**<br>**Restricted**<br>**Endowment**<br>**Funds**<br>**Funds**<br>**Funds**<br>**£**<br>**£**<br>**£**<br>**£**<br>**__________**<br>**_________________ 2023 __________**|**Total**<br>**£**<br>**_________**|
|---|---|---|---|---|
||2,056<br>35<br>0<br>2,103<br>107<br>0|2,091<br>2,210|962<br>0<br>0<br>1,627<br>1,110<br>0|962<br>2,737|
||4,159<br>142<br>0|4,301|2,589<br>1,110<br>0|3,699|
||0<br>0<br>0<br>0<br>2,266<br>0<br>13,653<br>4,212<br>0<br>0<br>0<br>0|0<br>2,266<br>17,865<br>0|283<br>0<br>0<br>111<br>0<br>0<br>9,299<br>4,686<br>0<br>0<br>0<br>0|283<br>111<br>13,985<br>0|
||13,653<br>6,478<br>0<br>60,000<br>0<br>0<br>259<br>0<br>0<br>33<br>40,041<br>0<br>3,923<br>0<br>0<br>17,562<br>0<br>0<br>3,745<br>564<br>0<br>3,206<br>0<br>0<br>926<br>0<br>0<br>618<br>0<br>0<br>2,627<br>9,106<br>0<br>27,527<br>0<br>0<br>1,200<br>8,905<br>0<br>17,672<br>91,102<br>0<br>2,731<br>9,174<br>0<br>0<br>1,500<br>0<br>0<br>2,800<br>0|20,131<br>60,000<br>259<br>40,074<br>3,923<br>17,562<br>4,309<br>3,206<br>926<br>618<br>11,733<br>27,527<br>10,105<br>108,774<br>11,905<br>1,500<br>2,800|9,693<br>4,686<br>0<br>70,000<br>0<br>0<br>2,385<br>0<br>0<br>0<br>38,061<br>0<br>4,482<br>0<br>0<br>22,372<br>0<br>0<br>2,806<br>807<br>0<br>4,611<br>0<br>0<br>951<br>165<br>0<br>0<br>1,820<br>0<br>1,209<br>6,930<br>0<br>30,728<br>0<br>0<br>675<br>4,527<br>0<br>14,749<br>64,282<br>0<br>3,173<br>12,083<br>0<br>0<br>1,500<br>0<br>0<br>2,800<br>0|14,379<br>70,000<br>2,385<br>38,061<br>4,482<br>22,372<br>3,613<br>4,611<br>1,116<br>1,820<br>8,139<br>30,728<br>5,202<br>79,031<br>15,256<br>1,500<br>2,800|
||155,682<br>169,670<br>0|325,352|167,834<br>137,661<br>0|305,495|
||1,110<br>21,499<br>0<br>120<br>0<br>0<br>352<br>64<br>0<br>2,106<br>10,975<br>0|22,609<br>120<br>416<br>13,081|1,056<br>19,290<br>0<br>0<br>0<br>0<br>335<br>1,285<br>0<br>2,778<br>5,894<br>0|20,346<br>0<br>1,620<br>8,672|
||3,688<br>32,538<br>0|36,226|4,169<br>26,469<br>0|30,638|
||||||
||**163,529**<br>**202,350**<br>**0**|**365,879**|**174,592**<br>**165,240**<br>**0**|**339,832**|



Page 17 



**Liskeard Parochial Church Council Notes to the accounts For the year ended 31 December 2024** 

## **4 MISSIONARY AND CHARITABLE GIVING** 

The summary below sets out the financial aspect of the mission giving for the year. The sums relate to monies given to, or goods bought for individuals and external organisations. Most of our mission expenditure relates to internal costs incurred during mission activities and is funded from a mixture of grants received from third parties and donations. See the annual report for a summary of the various activities undertaken during 2024. 

|**Organisation / activity**<br>Foodbank<br>Crisis funding for those in need<br>Friends of Empowering the Future<br>Help for those in need through ACTS 435<br>Royal British Legion<br>Simeon's Trustees<br>Tear Fund<br>Children's Society<br>Liskeard Churches Together<br>Cornwall Historic Churches Trust<br>Church activities - SOAR<br>Church activities - Youth<br>Church activities - Liskeard show & Ploughman's Festival<br>**5**<br>**EMPLOYMENT COSTS**<br>Wages and salaries<br>Gross salaries<br>Tax and social security costs<br>Employer's NI<br>Pension costs<br>Employer's contributions|**2024**<br>**2023**<br>**£**<br>**£**<br>9,635<br>7,492<br>4,036<br>3,166<br>2,266<br>-<br>400<br>1,130<br>318<br>241<br>175<br>175<br>111<br>75<br>72<br>25<br>25<br>25<br>25|
|---|---|
||**£16,955**<br>**£12,437**<br>1,305<br>1,189<br>682|
||**£20,131**<br>**£12,437**|
||**2024**<br>**2023**<br>**£**<br>**£**<br>143,331<br>114,883<br>6,849<br>6,447<br>6,516<br>5,245|
||**£156,696**<br>**£126,575**|



The PCC employed the following people during the year: 

- Nikki Carter as Operations Manager; 

- Tiff Biddle as Parish Administration, to lead our communications, website and social media. 

- Niall Dunne as Worship Leader (until January 24); 

- Hannah Levett as Youth Lead (from September 24). Previously Youth Worker & Worship Intern 

- Karen Arulvasagam as Children's Lead (from April 24). Previously Facilities Administrator 

- Rachel Hollyman as Children's & Families Worker (from June 24) 

- Hannah Dunne, as CAP Centre Manager (focused on Liskeard). 

- Melissa Purchall, as CAP Debt Coach (focused on Torpoint) 

- Lyndsey Bower, as CAP Debt Coach (focused on Looe) 

- Natalie Winders as CAP Debt Coach (focused on Callington) (from March 24) 

- Bronwen Davy as Facilities Administrator (from May 2024); and 

- Lindsey Toms as Parish Administrator; 

- Linda Chandler as the Church Hall Cleaner. 

Together, these employees equate to an average of 5.7 full-time equivalent employees employed throughout the year (2023: 4.1). 

Page 18 



## **Liskeard Parochial Church Council** 

## **Notes to the accounts** 

**For the year ended 31 December 2024** 

## **6 TANGIBLE FIXED ASSETS FOR USE BY THE PCC** 

|**Gross book value**<br>At 31 January 2024<br>Additions<br>Disposals<br>Written off<br>At 31 December 2024<br>**Depreciation / Impairment**<br>At 31 January 2024<br>Charge for the year<br>Disposals<br>Written off<br>At 31 December 2024<br>**Net book value**<br>At 31 January 2024<br>At 31 December 2024|**Freehold land**<br>**and buildings**<br>**General Fund:**<br>**Equipment**<br>**Solar panels**<br>**Reordering**<br>**equipment**<br>**Transforming**<br>**Mission**<br>**CAP**<br>**Total**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>408,308<br>38,005<br>30,460<br>88,585<br>44,084<br>0<br>609,442<br>901<br>1,632<br>2,533<br>0<br>(4,794)<br>(4,794)|
|---|---|
||408,308<br>34,112<br>30,460<br>88,585<br>44,084<br>1,632<br>607,181|
||329,908<br>30,558<br>18,000<br>75,126<br>34,201<br>0<br>487,793<br>2,800<br>2,731<br>1,500<br>3,364<br>5,266<br>544<br>16,205<br>0<br>(4,794)<br>(4,794)|
||332,708<br>28,495<br>19,500<br>78,490<br>39,467<br>544<br>499,204|
|||
||**£78,400**<br>**£7,447**<br>**£12,460**<br>**£13,459**<br>**£9,883**<br>**£0**<br>**£121,649**|
|||
||**£75,600**<br>**£5,617**<br>**£10,960**<br>**£10,095**<br>**£4,617**<br>**£1,088**<br>**£107,977**|



The freehold land and buildings comprise the Church Centre and Lower Church Hall at Church Street. The Church halls complex continue to be depreciated in line with the PCC's accounting policy. 

|**7**<br>**INVESTMENTS**<br>**Fund name**<br>**Nature of fund**<br>General fund<br>Unrestricted<br>Lanseaton<br>Endowment<br>Mission fund<br>Restricted<br>Bells fund<br>Restricted|**2023**<br>**Realised**<br>**gain at**<br>**31 Dec 24**<br>**Unrealised**<br>**gain at**<br>**31 Dec 24**<br>**Sold during**<br>**the year**<br>**2024**<br>**£**<br>**£**<br>**£**<br>**£**<br>35,640<br>621<br>993<br>(14,267)<br>**22,987**<br>298,487<br>6,832<br>0<br>**305,319**<br>116,933<br>2,196<br>3,507<br>(50,425)<br>**72,211**<br>2,434<br>46<br>73<br>(1,050)<br>**1,503**|
|---|---|
||**£453,494**<br>**£2,863**<br>**£11,405**<br>**(£65,742)**<br>**£402,020**|



The PCC sold some investments in May whilst the market was strong on the basis that we may need cash either for Transforming Mission or the Halls Project. The proceeds were deposited in the CCLA deposit account. 

Page 19 



## **Liskeard Parochial Church Council Notes to the accounts** 

## **For the year ended 31 December 2024** 

|**8**<br>**DEBTORS**<br>Income tax recoverable<br>Prepayments<br>Other debtors|**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**Unrestricted**<br>**Transforming**<br>**Mission**<br>**Other restricted**<br>**funds**<br>**Total**<br>**Unrestricted**<br>**Transforming**<br>**Mission**<br>**Other restricted**<br>**funds**<br>**Total**<br>2,022<br>-<br>2,176<br>**4,198**<br>1,188<br>-<br>141<br>**1,329**<br>6,373<br>-<br>-<br>**6,373**<br>5,721<br>-<br>-<br>**5,721**<br>7,675<br>5,232<br>2,490<br>**15,397**<br>4,115<br>5,970<br>1,236<br>**11,321**<br>**<------------------------------2024------------------------------->**<br>**<------------------------------2023------------------------------>**|
|---|---|
||**£16,070**<br>**£5,232**<br>**£4,666**<br>**£25,968**<br>**£11,024**<br>**£5,970**<br>**£1,377**<br>**£18,371**|



Unrestricted other debtors includes parochial fees due to the PCC for the quarter to December, some income due for December hall bookings and a grant claim under the Listed Places of Worship Scheme.The TM other debtors figure represents the December grant claim. Other restricted funds income tax recoverable represents £123 relating to the CAP fund and £18 relating to ABC and the Other debtors for the other restricted funds relates to a Lowest Income Community Fund claim for CAP for Torpoint. 

## **9 CASH AND BANK** 

|Balance at 31 December 2024<br>Balance at 31 December 2023|**Unrestricted**<br>**Mission fund**<br>**CAP**<br>**Church Hall**<br>**fund**<br>**Poverty fund**<br>**Other restricted**<br>**funds**<br>**Lanseaton**<br>**Endowment**<br>**Fund**<br>**Total**<br>**£105,181**<br>**£41,800**<br>**£66,122**<br>**£99,186**<br>**£2,126**<br>**-£629**<br>**£3,835**<br>**£317,621**|
|---|---|
||£79,761<br>£0<br>£38,614<br>£97,051<br>£2,445<br>£17,242<br>£3,830<br>£238,943|



Other restricted funds includes ABC: £1,428 (2023: £1,988); Bells fund: £932 (2023: -£148); Choir fund: £1,233 (2023: £1,174); Maudlin Field: £2,279 (2023: £2,252); Organ fund: £1,463 (2023: £1,955); Organ scholarship fund: £793 (2023: £783); and Transforming Mission: -£8,573 (2023: £9,238) Most of these cash balances are held in the PCC's CCLA deposit account. 

## **10 LIABILITIES: AMOUNTS FALLING DUE WITHIN ONE YEAR** 

|Creditors|**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**Unrestricted**<br>**Church Halls**<br>**Fund**<br>**CAP**<br>**Transforming**<br>**Mission**<br>**Total**<br>**Unrestricted**<br>**Restricted**<br>**funds**<br>**Total**<br>6,959<br>571<br>438<br>1,318<br>**9,285**<br>8,331<br>1,056<br>**9,387**<br>**<-------------------------------------2024-------------------------------------->**<br>**<-------------------2023-------------------->**|
|---|---|
||**£6,959**<br>**£571**<br>**£438**<br>**£1,318**<br>**£9,285**<br>**£8,331**<br>**£1,056**<br>**£9,387**|



Restricted funds for 2023 comprise: £618 for Transforming Mission; and £438 for the CAP (Christians Against Poverty) 

Page 20 



**Liskeard Parochial Church Council Notes to the accounts For the year ended 31 December 2024** 

## **11 FUND DETAILS** 

## _**Unrestricted funds**_ 

This represents funds at the disposal of the PCC, which may use them in any way that it sees fit, within the church's charitable objectives. 

## _**Restricted funds**_ 

Restricted funds represent monies given for a specific purpose, and may only be used for that purpose.  These funds are not available to the PCC for use towards the general running of the church.  The various restricted funds are: 

|**Name of fund**|**Main purpose of fund**|**Main sources of income**|
|---|---|---|
|ABC fund|Support of the adults, babies & children group|Subscriptions and fundraising|
|Bells fund|Restoration and maintenance of the bells|Donations, grants and fees|
|CAP (Christians Against<br>Poverty)|Fund the Liskeard & Looe CAP debt centre that is based<br>in St Martin's church|Donations, and grants|
|Choir fund|Purchase of music and robes for the choir|Subscriptions by the choir|
|Church hall fund|This fund comprises the church halls complex and the<br>income and expenditure relating to the planned major<br>reordering of the complex|Donations, grants and fundraising|
|Church reordering|This fund financed the 2018 / 2019 reordering of St<br>Martin's Church. The fund now represents fixed assets<br>bought as part of the reordering, which are being<br>depreciated.|Donations, grants and fundraising|
|Empowering the Future|This is a temporary fund created to hold donations and<br>pay expenses for the Empowering the Future project in<br>Tanzania. Friends of Empowering the Future has now<br>been established as a registered charity and the funds<br>held transferred to that charity.|Donations|
|Maudlin Field|This fund covers the volunteers'expenses relating to the<br>routine maintenance of this community recreational field<br>on behalf of the PCC, which has leased it from Cornwall<br>Council.|Grants|
|Mission fund|Finance mission activities by St Martin's Church.|Donations and associated gift aid|
|Organ fund|Finance the 2018 / 2019 refurbishment of St Martin's<br>Lewis pipe organ and ongoing maintenance.|Single donation|
|Organ scholarship fund|Finance lessons for scholars on playing the Lewis pipe<br>organ|Single donation|
|Poverty fund|To provide emergency support to those in extreme need|Grants|
|Solar panels fund|Installation of solar panels on St Martin's Church. The<br>fund now represents the capital value of the panels,<br>which are being depreciated.|Donations and fundraising|
|Transforming Mission|Financing of the Transforming Mission (TM) Project at St<br>Martin's Church. The fund includes fixed assets bought<br>as part of the project, which are being depreciated.|<br>Grant from the Diocese of Truro & the<br>Church Commissioners, plus ongoing<br>support from the Mission fund|



The Mission Fund may only be used for mission activities as defined by the "Five Marks of Mission" set out by the Archbishops of the Anglican Communion. It is primarily used to help with the parish contributions to Transforming Mission. 

## _**Endowment funds**_ 

Endowment funds represent funds where the capital invested may not be used; only the income generated from that capital. The fund arose from the sale of the farm and land at Lanseaton and land at Lanchard.  The income from this fund may only be used for ecclesiastical purposes. The capital in this fund is required to be vested in the Diocesan Board of Finance as custodian trustee, but the PCC receives and controls the way that the income is spent, provided always that it is restricted to ecclesiastical purposes. The Lanseaton fund is a permanent endowment fund.  It cannot be converted to income available to the PCC. 

## _**Fund balances**_ 

Details of the various fund movements and balances are given in note 12. 

Page 21 



**Liskeard Parochial Church Council Notes to the accounts For the year ended 31 December 2024** 

## **12 DETAILS OF FUNDS** 

|**DETAILS OF FUNDS**||
|---|---|
|**INCOMING RESOURCES**<br>**Income from donations and legacies**<br>**Income from church activities**<br>**Income from other trading activities**<br>**Investment income**<br>**Other income**<br>**RESOURCES USED**<br>**Expenditure on raising funds**<br>**Expenditure on church activities**<br>**Other expenditure**<br>**NET INCOMING / (OUTGOING)**<br>**RESOURCES BEFORE INVESTMENT**<br>**GAINS**<br>**GAINS AND LOSSES ON INVESTMENTS**<br>**Impairment of fixed assets**<br>**Investment gains / (losses)**<br>**- Realised gains / (losses)**<br>**- Unrealised gains / (losses)**<br>**NET MOVEMENT IN FUNDS**<br>**TRANSFERS BETWEEN FUNDS**<br>**Transfer into funds**<br>**Transfer out of funds**<br>**NET MOVEMENT IN FUNDS**<br>**Opening balances**<br>**BALANCES C/FWD AT 31 December**<br>**2024**|**TOTAL**<br>**General**<br>**Lanseaton**<br>**Church Hall**<br>**fund**<br>**Mission**<br>**fund**<br>**Transforming**<br>**Mission**<br>**CAP**<br>**Poverty**<br>**fund**<br>**Church**<br>**reordering**<br>**Solar**<br>**panels**<br>**ABC**<br>**Bells**<br>**fund**<br>**Choir**<br>**fund**<br>**Maudlin**<br>**Field**<br>**Empowering**<br>**the Future**<br>**Organ**<br>**fund**<br>**Organ**<br>**scholarship**<br>**Unrestricted Endowment**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricte**<br>**d**<br>**Restricted Restricted**<br>**Restricte**<br>**d**<br>**Restricte**<br>**d**<br>**Restricte**<br>**d**<br>**Restricte**<br>**d**<br>**Restricte**<br>**d**<br>**Restricted**<br>**Restricte**<br>**d**<br>**Restricted**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>313,611<br>154,498<br>0<br>19,035<br>0<br>53,248<br>79,385<br>3,450<br>0<br>0<br>775<br>0<br>0<br>0<br>3,220<br>0<br>0<br>32,567<br>32,567<br>0<br>0<br>0<br>0<br>0<br>0<br>0<br>0<br>0<br>0<br>0<br>0<br>0<br>0<br>0<br>4,040<br>2,287<br>0<br>1,753<br>0<br>0<br>0<br>0<br>0<br>0<br>0<br>0<br>0<br>0<br>0<br>0<br>0<br>22,583<br>5,981<br>8,755<br>4,051<br>1,374<br>48<br>2,100<br>5<br>0<br>0<br>63<br>30<br>59<br>27<br>8<br>72<br>10<br>38<br>38<br>0<br>0<br>0<br>0<br>0<br>0<br>0<br>0<br>0<br>0<br>0<br>0<br>0<br>0<br>0|
||**372,839**<br>**195,371**<br>**8,755**<br>**24,839**<br>**1,374**<br>**53,296**<br>**81,485**<br>**3,455**<br>**0**<br>**0**<br>**838**<br>**30**<br>**59**<br>**27**<br>**3,228**<br>**72**<br>**10**|
||4,301<br>4,159<br>0<br>35<br>0<br>107<br>0<br>0<br>0<br>0<br>0<br>0<br>0<br>0<br>0<br>0<br>0<br>325,352<br>155,682<br>0<br>11,705<br>0<br>103,806<br>41,776<br>3,774<br>3,364<br>1,500<br>915<br>0<br>0<br>0<br>2,266<br>564<br>0<br>36,226<br>3,688<br>0<br>21,499<br>0<br>0<br>9,923<br>0<br>0<br>0<br>0<br>0<br>0<br>0<br>1,116<br>0<br>0|
||**365,879**<br>**163,529**<br>**0**<br>**33,239**<br>**0**<br>**103,913**<br>**51,699**<br>**3,774**<br>**3,364**<br>**1,500**<br>**915**<br>**0**<br>**0**<br>**0**<br>**3,382**<br>**564**<br>**0**|
||**6,960**<br>**31,842**<br>**8,755**<br>**-8,400**<br>**1,374**<br>**-50,617**<br>**29,786**<br>**-319**<br>**-3,364**<br>**-1,500**<br>**-77**<br>**30**<br>**59**<br>**27**<br>**-154**<br>**-492**<br>**10**<br>0<br>0<br>0<br>0<br>0<br>0<br>0<br>0<br>0<br>0<br>0<br>0<br>0<br>0<br>0<br>0<br>0<br>0<br>0<br>0<br>0<br>0<br>0<br>0<br>0<br>0<br>0<br>0<br>0<br>0<br>0<br>0<br>0<br>0<br>2,863<br>621<br>0<br>0<br>2,196<br>0<br>0<br>0<br>0<br>0<br>0<br>46<br>0<br>0<br>0<br>0<br>0<br>11,405<br>992<br>6,832<br>0<br>3,508<br>0<br>0<br>0<br>0<br>0<br>0<br>73<br>0<br>0<br>0<br>0<br>0|
||**21,228**<br>**33,455**<br>**15,587**<br>**-8,400**<br>**7,078**<br>**-50,617**<br>**29,786**<br>**-319**<br>**-3,364**<br>**-1,500**<br>**-77**<br>**149**<br>**59**<br>**27**<br>**-154**<br>**-492**<br>**10**<br>35,350<br>0<br>0<br>9,250<br>0<br>26,100<br>0<br>0<br>0<br>0<br>0<br>0<br>0<br>0<br>0<br>0<br>0<br>-35,350<br>-16,100<br>-8,750<br>0<br>-10,000<br>0<br>0<br>0<br>0<br>0<br>-500<br>0<br>0<br>0<br>0<br>0<br>0|
||**21,228**<br>**17,355**<br>**6,837**<br>**850**<br>**-2,922**<br>**-24,517**<br>**29,786**<br>**-319**<br>**-3,364**<br>**-1,500**<br>**-577**<br>**149**<br>**59**<br>**27**<br>**-154**<br>**-492**<br>**10**<br>**823,066**<br>125,540<br>302,317<br>175,451<br>116,932<br>24,472<br>39,534<br>2,444<br>13,461<br>12,460<br>2,004<br>2,286<br>1,174<br>2,252<br>0<br>1,956<br>783|
||**844,294**<br>**142,895**<br>**309,154**<br>**176,301**<br>**114,010**<br>**-45**<br>**69,320**<br>**2,125**<br>**10,097**<br>**10,960**<br>**1,427**<br>**2,435**<br>**1,233**<br>**2,279**<br>**-154**<br>**1,464**<br>**793**|



**<============================================== Restricted funds total: £392,245 ====================================================>** 

Page 22 



**Liskeard Parochial Church Council Notes to the accounts For the year ended 31 December 2024** 

## **13 ANALYSIS OF GRANTS RECEIVED** 

|**Main funder**<br>**Project / details**<br>Transforming Mission<br>CAP - West Wivelshire LICF<br>CAP - East Wivelshire LICF<br>SOAR<br>Liskeard & Looe Methodists<br>Dobwalls contribution towards MMF<br>The Archbishop's Council<br>Church Halls Demonstrator Project<br>Cost of Living / Surviving Winter funding<br>Crisis fund<br>CAP funding<br>Maudlin Field grant<br>VAT refund on church maintenance<br>VAT refund on church halls maintenance<br>Funding towards CAP Centre<br>Local churches<br>Cornwall Council<br>Funding towards Halls roof project<br>ACTS 435<br>Specific grants for individuals in need<br>United Charities of Liskeard<br>Funding towards CAP centre<br>Funding towards helping people in need<br>Funding towards Blaze Supper Club<br>Funding towards Halls renovation project<br>The Arts Society<br>Donation<br>Aviva Community Fund<br>Funding towards Halls renovation project<br>Truro Diocesan Guild of Ringers Bells repairs work<br>Inner Wheel<br>CAP funding<br>**Grand total**<br>Cornwall Community<br>Foundation<br>Diocese of Truro<br>Listed Places of Worship<br>Scheme|**2024**<br>**2023**<br>£52,428<br>£56,694<br>£39,535<br>£17,683<br>£33,446<br>£0<br>£1,305<br>£0<br>£6,411<br>£1,011<br>£5,455<br>£0<br>£2,000<br>£2,500<br>£1,000<br>£1,000<br>£0<br>£12,730<br>£0<br>£2,800<br>£539<br>£441<br>£1,461<br>£441<br>£1,650<br>£600<br>£500<br>£27,500<br>£400<br>£930<br>£200<br>£200<br>£200<br>£200<br>£100<br>£0<br>£0<br>£200<br>£65<br>£0<br>£0<br>£12,208<br>£0<br>£725<br>£0<br>£50|
|---|---|
||**£146,695**<br>**£137,913**|



The PCC aims to carry out a major refurbishment of the Church Halls, starting with re-roofing the upper hall, adding roof insulation, repairing or replacing the guttering and downpipes, and adding solar panels and battery storage. The success of the project is based on (a) contractors being able to undertake the work within the timescales and the budget; and (b) successful grant applications to raise the necessary funds. 

Whilst the PCC has had received positive responses from some grant funders, the inherent uncertainty surrounding this project is such that we have not included these new grant awards in income for the year, in accordance with our accounting policies. The grants below are all conditional on the project going ahead. 

|**Main funder**<br>Church of England demonstrator<br>project stage 2 award<br>Benefact Trust<br>Garfield Weston Foundation<br>Congregational and General<br>Charitable Trust<br>**Status of the grant**<br>The assumption of the Church of England is that stage 1<br>awards (which we have) will lead to stage 2 awards.<br>Matched funding agreed with Church of England Net Zero<br>team.<br>Grant awarded, subject to the above conditions<br>Grant awarded, subject to the above conditions|**Amount**<br>£50,000<br>£36,000<br>£30,000<br>£15,000|
|---|---|
||**£131,000**|



Page 23 



**Liskeard Parochial Church Council Notes to the accounts** 

## **For the year ended 31 December 2024** 

## **14 TRANSFERS BETWEEN FUNDS** 

|The 2024 transfers between the various funds, with their reasons, were:<br>Transfer from General fund into Transforming Mission re parish contribution to TM costs<br>Transfer from Mission fund into Transforming Mission re parish contribution to TM costs<br>Transfer from Lanseaton into Church Hall fund re support the Halls refurbishment project<br>Transfer from ABC into Church Hall fund re ABC contribution to Halls refurbishment project|£<br>£16,100<br>£10,000<br>£8,750<br>£500|
|---|---|
||**£35,350**|



## **15 FUTURE EXPENDITURE** 

There was no contracted project or transaction at the end of the year. 

## **16 TRANSACTIONS WITH MEMBERS OF THE PCC DURING THE YEAR** 

The following note discloses the transactions throughout the year relating to individuals who were members of the PCC at any time during the year. PCC members often buy things on behalf of the PCC and reclaim the costs later. The note includes payments made to family members as well as the PCC members themselves, and include salaries and expenses paid to family members. 

## **PCC Member Description of transactions** 

|**PCC Member**<br>Tony Piper<br>Darren Arulvasagam<br>Mick Chandler<br>Mike Sturgess<br>Rachael Pryor<br>Mark Wade<br>Ian Thompson<br>Reimbursement of PCC costs incurred<br>Reimbursement of PCC costs incurred<br>**Description of transactions**<br>Clergy expenses and reimbursement of PCC costs<br>incurred.<br>Spouse's salary and fees for acting as verger at<br>weddings, funerals and other events<br>Reimbursement of PCC costs incurred<br>Spouse's salary and reimbursement of PCC costs<br>incurred<br>Reimbursement of PCC costs incurred, including the<br>replacement door to the church hall and other works<br>undertaken.|**Amount**<br>£17,272<br>£13,058<br>£4,206<br>£1,606<br>£449<br>£170<br>£22|
|---|---|
||**£36,782**|



Page 24 



**Liskeard Parochial Church Council Budget for the year ended 31 December 2025** 

|**INCOMING RESOURCES**<br>**Income from donations and legacies**<br>Gift aided planned giving<br>Tax recoverable<br>Other planned giving<br>Collections<br>Grants and benefice churches' contributions<br>Donations including card reader and online<br>giving<br>Donations for special purposes<br>Legacies<br>**Income from church activities**<br>Income from church halls<br>Income from church bookings<br>Fees paid to the PCC (for weddings &<br>funerals)<br>**Income from other trading activities**<br>Income from various trading activities<br>Fundraising activities<br>**Investment income**<br>Income from investment funds<br>Bank and building society interest<br>Feed in tariff<br>Profit on sale of assets<br>**Other income**<br>Insurance claims<br>Miscellaneous income<br>**TOTAL INCOMING RESOURCES**<br>**TOTAL RESOURCES USED**<br>**NET INCOMING / (OUTGOING)**<br>**RESOURCES BEFORE INVESTMENT**<br>**GAINS**<br>**TRANSFERS BETWEEN FUNDS**<br>**Transfer into funds**<br>**Transfer out of funds**<br>**NET MOVEMENT IN FUNDS**<br>**Opening balances**<br>**Balances carried forward as at 31**<br>**December 2025**|**TOTAL**<br>**General**<br>**Lanseaton**<br>**Mission**<br>**fund**<br>**Transforming**<br>**Mission**<br>**CAP**<br>**Church**<br>**reordering**<br>**Church**<br>**Hall fund**<br>**Solar**<br>**panels**<br>**ABC**<br>**Bells**<br>**fund**<br>**Choir**<br>**fund**<br>**Organ**<br>**scholarship**<br>**Organ**<br>**fund**<br>**Poverty**<br>**fund**<br>**Maudlin**<br>**Field**<br>**Unrestricted**<br>**Endowment**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**|**TOTAL**<br>**General**<br>**Lanseaton**<br>**Mission**<br>**fund**<br>**Transforming**<br>**Mission**<br>**CAP**<br>**Church**<br>**reordering**<br>**Church**<br>**Hall fund**<br>**Solar**<br>**panels**<br>**ABC**<br>**Bells**<br>**fund**<br>**Choir**<br>**fund**<br>**Organ**<br>**scholarship**<br>**Organ**<br>**fund**<br>**Poverty**<br>**fund**<br>**Maudlin**<br>**Field**<br>**Unrestricted**<br>**Endowment**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**|**TOTAL**<br>**General**<br>**Lanseaton**<br>**Mission**<br>**fund**<br>**Transforming**<br>**Mission**<br>**CAP**<br>**Church**<br>**reordering**<br>**Church**<br>**Hall fund**<br>**Solar**<br>**panels**<br>**ABC**<br>**Bells**<br>**fund**<br>**Choir**<br>**fund**<br>**Organ**<br>**scholarship**<br>**Organ**<br>**fund**<br>**Poverty**<br>**fund**<br>**Maudlin**<br>**Field**<br>**Unrestricted**<br>**Endowment**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**|**TOTAL**<br>**General**<br>**Lanseaton**<br>**Mission**<br>**fund**<br>**Transforming**<br>**Mission**<br>**CAP**<br>**Church**<br>**reordering**<br>**Church**<br>**Hall fund**<br>**Solar**<br>**panels**<br>**ABC**<br>**Bells**<br>**fund**<br>**Choir**<br>**fund**<br>**Organ**<br>**scholarship**<br>**Organ**<br>**fund**<br>**Poverty**<br>**fund**<br>**Maudlin**<br>**Field**<br>**Unrestricted**<br>**Endowment**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**|**TOTAL**<br>**General**<br>**Lanseaton**<br>**Mission**<br>**fund**<br>**Transforming**<br>**Mission**<br>**CAP**<br>**Church**<br>**reordering**<br>**Church**<br>**Hall fund**<br>**Solar**<br>**panels**<br>**ABC**<br>**Bells**<br>**fund**<br>**Choir**<br>**fund**<br>**Organ**<br>**scholarship**<br>**Organ**<br>**fund**<br>**Poverty**<br>**fund**<br>**Maudlin**<br>**Field**<br>**Unrestricted**<br>**Endowment**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**|**TOTAL**<br>**General**<br>**Lanseaton**<br>**Mission**<br>**fund**<br>**Transforming**<br>**Mission**<br>**CAP**<br>**Church**<br>**reordering**<br>**Church**<br>**Hall fund**<br>**Solar**<br>**panels**<br>**ABC**<br>**Bells**<br>**fund**<br>**Choir**<br>**fund**<br>**Organ**<br>**scholarship**<br>**Organ**<br>**fund**<br>**Poverty**<br>**fund**<br>**Maudlin**<br>**Field**<br>**Unrestricted**<br>**Endowment**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**|**TOTAL**<br>**General**<br>**Lanseaton**<br>**Mission**<br>**fund**<br>**Transforming**<br>**Mission**<br>**CAP**<br>**Church**<br>**reordering**<br>**Church**<br>**Hall fund**<br>**Solar**<br>**panels**<br>**ABC**<br>**Bells**<br>**fund**<br>**Choir**<br>**fund**<br>**Organ**<br>**scholarship**<br>**Organ**<br>**fund**<br>**Poverty**<br>**fund**<br>**Maudlin**<br>**Field**<br>**Unrestricted**<br>**Endowment**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**|**TOTAL**<br>**General**<br>**Lanseaton**<br>**Mission**<br>**fund**<br>**Transforming**<br>**Mission**<br>**CAP**<br>**Church**<br>**reordering**<br>**Church**<br>**Hall fund**<br>**Solar**<br>**panels**<br>**ABC**<br>**Bells**<br>**fund**<br>**Choir**<br>**fund**<br>**Organ**<br>**scholarship**<br>**Organ**<br>**fund**<br>**Poverty**<br>**fund**<br>**Maudlin**<br>**Field**<br>**Unrestricted**<br>**Endowment**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**|**TOTAL**<br>**General**<br>**Lanseaton**<br>**Mission**<br>**fund**<br>**Transforming**<br>**Mission**<br>**CAP**<br>**Church**<br>**reordering**<br>**Church**<br>**Hall fund**<br>**Solar**<br>**panels**<br>**ABC**<br>**Bells**<br>**fund**<br>**Choir**<br>**fund**<br>**Organ**<br>**scholarship**<br>**Organ**<br>**fund**<br>**Poverty**<br>**fund**<br>**Maudlin**<br>**Field**<br>**Unrestricted**<br>**Endowment**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**|**TOTAL**<br>**General**<br>**Lanseaton**<br>**Mission**<br>**fund**<br>**Transforming**<br>**Mission**<br>**CAP**<br>**Church**<br>**reordering**<br>**Church**<br>**Hall fund**<br>**Solar**<br>**panels**<br>**ABC**<br>**Bells**<br>**fund**<br>**Choir**<br>**fund**<br>**Organ**<br>**scholarship**<br>**Organ**<br>**fund**<br>**Poverty**<br>**fund**<br>**Maudlin**<br>**Field**<br>**Unrestricted**<br>**Endowment**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**|**TOTAL**<br>**General**<br>**Lanseaton**<br>**Mission**<br>**fund**<br>**Transforming**<br>**Mission**<br>**CAP**<br>**Church**<br>**reordering**<br>**Church**<br>**Hall fund**<br>**Solar**<br>**panels**<br>**ABC**<br>**Bells**<br>**fund**<br>**Choir**<br>**fund**<br>**Organ**<br>**scholarship**<br>**Organ**<br>**fund**<br>**Poverty**<br>**fund**<br>**Maudlin**<br>**Field**<br>**Unrestricted**<br>**Endowment**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**|**TOTAL**<br>**General**<br>**Lanseaton**<br>**Mission**<br>**fund**<br>**Transforming**<br>**Mission**<br>**CAP**<br>**Church**<br>**reordering**<br>**Church**<br>**Hall fund**<br>**Solar**<br>**panels**<br>**ABC**<br>**Bells**<br>**fund**<br>**Choir**<br>**fund**<br>**Organ**<br>**scholarship**<br>**Organ**<br>**fund**<br>**Poverty**<br>**fund**<br>**Maudlin**<br>**Field**<br>**Unrestricted**<br>**Endowment**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**|**TOTAL**<br>**General**<br>**Lanseaton**<br>**Mission**<br>**fund**<br>**Transforming**<br>**Mission**<br>**CAP**<br>**Church**<br>**reordering**<br>**Church**<br>**Hall fund**<br>**Solar**<br>**panels**<br>**ABC**<br>**Bells**<br>**fund**<br>**Choir**<br>**fund**<br>**Organ**<br>**scholarship**<br>**Organ**<br>**fund**<br>**Poverty**<br>**fund**<br>**Maudlin**<br>**Field**<br>**Unrestricted**<br>**Endowment**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**|**TOTAL**<br>**General**<br>**Lanseaton**<br>**Mission**<br>**fund**<br>**Transforming**<br>**Mission**<br>**CAP**<br>**Church**<br>**reordering**<br>**Church**<br>**Hall fund**<br>**Solar**<br>**panels**<br>**ABC**<br>**Bells**<br>**fund**<br>**Choir**<br>**fund**<br>**Organ**<br>**scholarship**<br>**Organ**<br>**fund**<br>**Poverty**<br>**fund**<br>**Maudlin**<br>**Field**<br>**Unrestricted**<br>**Endowment**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**|**TOTAL**<br>**General**<br>**Lanseaton**<br>**Mission**<br>**fund**<br>**Transforming**<br>**Mission**<br>**CAP**<br>**Church**<br>**reordering**<br>**Church**<br>**Hall fund**<br>**Solar**<br>**panels**<br>**ABC**<br>**Bells**<br>**fund**<br>**Choir**<br>**fund**<br>**Organ**<br>**scholarship**<br>**Organ**<br>**fund**<br>**Poverty**<br>**fund**<br>**Maudlin**<br>**Field**<br>**Unrestricted**<br>**Endowment**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**|**TOTAL**<br>**General**<br>**Lanseaton**<br>**Mission**<br>**fund**<br>**Transforming**<br>**Mission**<br>**CAP**<br>**Church**<br>**reordering**<br>**Church**<br>**Hall fund**<br>**Solar**<br>**panels**<br>**ABC**<br>**Bells**<br>**fund**<br>**Choir**<br>**fund**<br>**Organ**<br>**scholarship**<br>**Organ**<br>**fund**<br>**Poverty**<br>**fund**<br>**Maudlin**<br>**Field**<br>**Unrestricted**<br>**Endowment**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**|
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
||49,200|48,000||||1,200|||||||||||
||16,300|16,000||||300|||||||||||
||53,200|51,000||||2,200|||||||||||
||1,500|1,500|||||||||||||||
||142,700|4,000|||60,200|65,000||10,000|||||||3,500||
||25,750|25,000||||||||700|50||||||
||4,000|4,000|||||||||||||||
||0|0|||||||||||||||
||**292,650**<br>**149,500**<br>**0**<br>**0**<br>**60,200**<br>**68,700**<br>**0**<br>**10,000**<br>**0**<br>**700**<br>**50**<br>**0**<br>**0**<br>**0**<br>**3,500**<br>**0**||||||||||||||||
||||||||||||||||||
||25,000|25,000|||||||||||||||
||1,500|1,500|||||||||||||||
||7,000|7,000|||||||||||||||
||**33,500**<br>**33,500**<br>**0**<br>**0**<br>**0**<br>**0**<br>**0**<br>**0**<br>**0**<br>**0**<br>**0**<br>**0**<br>**0**<br>**0**<br>**0**<br>**0**||||||||||||||||
||||||||||||||||||
||0||||||||||||||||
||6,000|3,000||||||3,000|||||||||
||**6,000**<br>**3,000**<br>**0**<br>**0**<br>**0**<br>**0**<br>**0**<br>**3,000**<br>**0**<br>**0**<br>**0**<br>**0**<br>**0**<br>**0**<br>**0**<br>**0**||||||||||||||||
||||||||||||||||||
||8,150|150|8,000||||||||||||||
||11,170|4,500|500||0|2,000||4,000||60||50||60|||
||2,500|2,500|||||||||||||||
||0||||||||||||||||
||**21,820**<br>**7,150**<br>**8,500**<br>**0**<br>**0**<br>**2,000**<br>**0**<br>**4,000**<br>**0**<br>**60**<br>**0**<br>**50**<br>**0**<br>**60**<br>**0**<br>**0**||||||||||||||||
||||||||||||||||||
||0||||||||||||||||
||500|500|||||||||||||||
||**500**<br>**500**<br>**0**<br>**0**<br>**0**<br>**0**<br>**0**<br>**0**<br>**0**<br>**0**<br>**0**<br>**0**<br>**0**<br>**0**<br>**0**<br>**0**||||||||||||||||
||**354,470**<br>**193,650**<br>**8,500**<br>**0**<br>**60,200**<br>**70,700**<br>**0**<br>**17,000**<br>**0**<br>**760**<br>**50**<br>**50**<br>**0**<br>**60**<br>**3,500**<br>**0**<br>**398,310**<br>**160,000**<br>**0**<br>**0**<br>**138,000**<br>**70,610**<br>**8,400**<br>**12,800**<br>**1,500**<br>**1,000**<br>**500**<br>**0**<br>**500**<br>**1,000**<br>**3,500**<br>**500**||||||||||||||||
||**-43,840**<br>**33,650**<br>**8,500**<br>**0**<br>**-77,800**<br>**90**<br>**-8,400**<br>**4,200**<br>**-1,500**<br>**-240**<br>**-450**<br>**50**<br>**-500**<br>**-940**<br>**0**<br>**-500**||||||||||||||||
||72,000||||54,000|||18,000|||||||||
||-72,000|-39,000|-8,000|-25,000|||||||||||||
||**-43,840**<br>**-5,350**<br>**500**<br>**-25,000**<br>**-23,800**<br>**90**<br>**-8,400**<br>**22,200**<br>**-1,500**<br>**-240**<br>**-450**<br>**50**<br>**-500**<br>**-940**<br>**0**<br>**-500**<br>**844,294**<br>142,895<br>309,154<br>114,010<br>-45<br>69,320<br>10,097<br>176,301<br>10,960<br>1,427<br>2,435<br>1,233<br>793<br>1,464<br>2,125<br>2,279||||||||||||||||
||**800,454**<br>**137,545**<br>**309,654**<br>**89,010**<br>**-23,845**<br>**69,410**<br>**1,697**<br>**198,501**<br>**9,460**<br>**1,187**<br>**1,985**<br>**1,283**<br>**293**<br>**524**<br>**2,125**<br>**1,779**||||||||||||||||



**<========================================= Restricted funds total: £353,255 ====================================================>** 

Page 25 



**Liskeard Parochial Church Council Budget for the year ended 31 December 2025** 

|**RESOURCES USED**<br>**Expenditure on raising funds**<br>Costs of film club, cards and other fund-<br>raising events<br>Costs of stewardship campaigns / giving<br>envelopes<br>Advertising and publicity costs<br>**Expenditure on church activities**<br>Church overseas (missionary societies)<br>Relief and development agencies<br>Home missions and other church societies<br>/org'ns<br>Secular charities<br>**_Ministry:_**<br>Diocesan Mission & Ministry Fund (MMF)<br>Clergy expenses<br>Other ministry costs<br>Reader / organist costs<br>Church running expenses<br>Church maintenance<br>Upkeep of services<br>Expenditure on communication<br>Training costs<br>Costs of  youth club, housegroups etc<br>Church hall running costs<br>Major repairs<br>Salaries & office running costs<br>Depreciation on equipment<br>**Other expenditure**<br>Professional fees<br>Costs of PCC meetings / away days etc.<br>Bank charges and loan interest<br>Sundry expenses<br>**TOTAL RESOURCES EXPENDED**|**TOTAL**<br>**General**<br>**Lanseaton**<br>**Mission**<br>**fund**<br>**Transforming**<br>**Mission**<br>**CAP**<br>**Church**<br>**reordering**<br>**Church**<br>**Hall fund**<br>**Solar**<br>**panels**<br>**ABC**<br>**Bells**<br>**fund**<br>**Choir**<br>**fund**<br>**Organ**<br>**scholarshi**<br>**p**<br>**Organ**<br>**fund**<br>**Poverty**<br>**fund**<br>**Maudlin**<br>**Field**<br>**Unrestricted**<br>**Endowment**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted Restricted Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted Restricted**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**|**TOTAL**<br>**General**<br>**Lanseaton**<br>**Mission**<br>**fund**<br>**Transforming**<br>**Mission**<br>**CAP**<br>**Church**<br>**reordering**<br>**Church**<br>**Hall fund**<br>**Solar**<br>**panels**<br>**ABC**<br>**Bells**<br>**fund**<br>**Choir**<br>**fund**<br>**Organ**<br>**scholarshi**<br>**p**<br>**Organ**<br>**fund**<br>**Poverty**<br>**fund**<br>**Maudlin**<br>**Field**<br>**Unrestricted**<br>**Endowment**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted Restricted Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted Restricted**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**|**TOTAL**<br>**General**<br>**Lanseaton**<br>**Mission**<br>**fund**<br>**Transforming**<br>**Mission**<br>**CAP**<br>**Church**<br>**reordering**<br>**Church**<br>**Hall fund**<br>**Solar**<br>**panels**<br>**ABC**<br>**Bells**<br>**fund**<br>**Choir**<br>**fund**<br>**Organ**<br>**scholarshi**<br>**p**<br>**Organ**<br>**fund**<br>**Poverty**<br>**fund**<br>**Maudlin**<br>**Field**<br>**Unrestricted**<br>**Endowment**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted Restricted Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted Restricted**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**|**TOTAL**<br>**General**<br>**Lanseaton**<br>**Mission**<br>**fund**<br>**Transforming**<br>**Mission**<br>**CAP**<br>**Church**<br>**reordering**<br>**Church**<br>**Hall fund**<br>**Solar**<br>**panels**<br>**ABC**<br>**Bells**<br>**fund**<br>**Choir**<br>**fund**<br>**Organ**<br>**scholarshi**<br>**p**<br>**Organ**<br>**fund**<br>**Poverty**<br>**fund**<br>**Maudlin**<br>**Field**<br>**Unrestricted**<br>**Endowment**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted Restricted Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted Restricted**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**|**TOTAL**<br>**General**<br>**Lanseaton**<br>**Mission**<br>**fund**<br>**Transforming**<br>**Mission**<br>**CAP**<br>**Church**<br>**reordering**<br>**Church**<br>**Hall fund**<br>**Solar**<br>**panels**<br>**ABC**<br>**Bells**<br>**fund**<br>**Choir**<br>**fund**<br>**Organ**<br>**scholarshi**<br>**p**<br>**Organ**<br>**fund**<br>**Poverty**<br>**fund**<br>**Maudlin**<br>**Field**<br>**Unrestricted**<br>**Endowment**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted Restricted Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted Restricted**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**|**TOTAL**<br>**General**<br>**Lanseaton**<br>**Mission**<br>**fund**<br>**Transforming**<br>**Mission**<br>**CAP**<br>**Church**<br>**reordering**<br>**Church**<br>**Hall fund**<br>**Solar**<br>**panels**<br>**ABC**<br>**Bells**<br>**fund**<br>**Choir**<br>**fund**<br>**Organ**<br>**scholarshi**<br>**p**<br>**Organ**<br>**fund**<br>**Poverty**<br>**fund**<br>**Maudlin**<br>**Field**<br>**Unrestricted**<br>**Endowment**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted Restricted Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted Restricted**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**|**TOTAL**<br>**General**<br>**Lanseaton**<br>**Mission**<br>**fund**<br>**Transforming**<br>**Mission**<br>**CAP**<br>**Church**<br>**reordering**<br>**Church**<br>**Hall fund**<br>**Solar**<br>**panels**<br>**ABC**<br>**Bells**<br>**fund**<br>**Choir**<br>**fund**<br>**Organ**<br>**scholarshi**<br>**p**<br>**Organ**<br>**fund**<br>**Poverty**<br>**fund**<br>**Maudlin**<br>**Field**<br>**Unrestricted**<br>**Endowment**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted Restricted Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted Restricted**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**|**TOTAL**<br>**General**<br>**Lanseaton**<br>**Mission**<br>**fund**<br>**Transforming**<br>**Mission**<br>**CAP**<br>**Church**<br>**reordering**<br>**Church**<br>**Hall fund**<br>**Solar**<br>**panels**<br>**ABC**<br>**Bells**<br>**fund**<br>**Choir**<br>**fund**<br>**Organ**<br>**scholarshi**<br>**p**<br>**Organ**<br>**fund**<br>**Poverty**<br>**fund**<br>**Maudlin**<br>**Field**<br>**Unrestricted**<br>**Endowment**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted Restricted Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted Restricted**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**|**TOTAL**<br>**General**<br>**Lanseaton**<br>**Mission**<br>**fund**<br>**Transforming**<br>**Mission**<br>**CAP**<br>**Church**<br>**reordering**<br>**Church**<br>**Hall fund**<br>**Solar**<br>**panels**<br>**ABC**<br>**Bells**<br>**fund**<br>**Choir**<br>**fund**<br>**Organ**<br>**scholarshi**<br>**p**<br>**Organ**<br>**fund**<br>**Poverty**<br>**fund**<br>**Maudlin**<br>**Field**<br>**Unrestricted**<br>**Endowment**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted Restricted Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted Restricted**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**|**TOTAL**<br>**General**<br>**Lanseaton**<br>**Mission**<br>**fund**<br>**Transforming**<br>**Mission**<br>**CAP**<br>**Church**<br>**reordering**<br>**Church**<br>**Hall fund**<br>**Solar**<br>**panels**<br>**ABC**<br>**Bells**<br>**fund**<br>**Choir**<br>**fund**<br>**Organ**<br>**scholarshi**<br>**p**<br>**Organ**<br>**fund**<br>**Poverty**<br>**fund**<br>**Maudlin**<br>**Field**<br>**Unrestricted**<br>**Endowment**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted Restricted Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted Restricted**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**|**TOTAL**<br>**General**<br>**Lanseaton**<br>**Mission**<br>**fund**<br>**Transforming**<br>**Mission**<br>**CAP**<br>**Church**<br>**reordering**<br>**Church**<br>**Hall fund**<br>**Solar**<br>**panels**<br>**ABC**<br>**Bells**<br>**fund**<br>**Choir**<br>**fund**<br>**Organ**<br>**scholarshi**<br>**p**<br>**Organ**<br>**fund**<br>**Poverty**<br>**fund**<br>**Maudlin**<br>**Field**<br>**Unrestricted**<br>**Endowment**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted Restricted Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted Restricted**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**|**TOTAL**<br>**General**<br>**Lanseaton**<br>**Mission**<br>**fund**<br>**Transforming**<br>**Mission**<br>**CAP**<br>**Church**<br>**reordering**<br>**Church**<br>**Hall fund**<br>**Solar**<br>**panels**<br>**ABC**<br>**Bells**<br>**fund**<br>**Choir**<br>**fund**<br>**Organ**<br>**scholarshi**<br>**p**<br>**Organ**<br>**fund**<br>**Poverty**<br>**fund**<br>**Maudlin**<br>**Field**<br>**Unrestricted**<br>**Endowment**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted Restricted Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted Restricted**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**|**TOTAL**<br>**General**<br>**Lanseaton**<br>**Mission**<br>**fund**<br>**Transforming**<br>**Mission**<br>**CAP**<br>**Church**<br>**reordering**<br>**Church**<br>**Hall fund**<br>**Solar**<br>**panels**<br>**ABC**<br>**Bells**<br>**fund**<br>**Choir**<br>**fund**<br>**Organ**<br>**scholarshi**<br>**p**<br>**Organ**<br>**fund**<br>**Poverty**<br>**fund**<br>**Maudlin**<br>**Field**<br>**Unrestricted**<br>**Endowment**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted Restricted Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted Restricted**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**|**TOTAL**<br>**General**<br>**Lanseaton**<br>**Mission**<br>**fund**<br>**Transforming**<br>**Mission**<br>**CAP**<br>**Church**<br>**reordering**<br>**Church**<br>**Hall fund**<br>**Solar**<br>**panels**<br>**ABC**<br>**Bells**<br>**fund**<br>**Choir**<br>**fund**<br>**Organ**<br>**scholarshi**<br>**p**<br>**Organ**<br>**fund**<br>**Poverty**<br>**fund**<br>**Maudlin**<br>**Field**<br>**Unrestricted**<br>**Endowment**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted Restricted Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted Restricted**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**|**TOTAL**<br>**General**<br>**Lanseaton**<br>**Mission**<br>**fund**<br>**Transforming**<br>**Mission**<br>**CAP**<br>**Church**<br>**reordering**<br>**Church**<br>**Hall fund**<br>**Solar**<br>**panels**<br>**ABC**<br>**Bells**<br>**fund**<br>**Choir**<br>**fund**<br>**Organ**<br>**scholarshi**<br>**p**<br>**Organ**<br>**fund**<br>**Poverty**<br>**fund**<br>**Maudlin**<br>**Field**<br>**Unrestricted**<br>**Endowment**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted Restricted Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted Restricted**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**|**TOTAL**<br>**General**<br>**Lanseaton**<br>**Mission**<br>**fund**<br>**Transforming**<br>**Mission**<br>**CAP**<br>**Church**<br>**reordering**<br>**Church**<br>**Hall fund**<br>**Solar**<br>**panels**<br>**ABC**<br>**Bells**<br>**fund**<br>**Choir**<br>**fund**<br>**Organ**<br>**scholarshi**<br>**p**<br>**Organ**<br>**fund**<br>**Poverty**<br>**fund**<br>**Maudlin**<br>**Field**<br>**Unrestricted**<br>**Endowment**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted Restricted Restricted**<br>**Restricted**<br>**Restricted**<br>**Restricted Restricted**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**<br>**£**|
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
||2,000|2,000|||||||||||||||
||0||||||||||||||||
||2,000|2,000|||||||||||||||
||**4,000**<br>**4,000**<br>**0**<br>**0**<br>**0**<br>**0**<br>**0**<br>**0**<br>**0**<br>**0**<br>**0**<br>**0**<br>**0**<br>**0**<br>**0**<br>**0**||||||||||||||||
||||||||||||||||||
||700|700|||||||||||||||
||100|100|||||||||||||||
||17,500|10,000|||4,000||||||||||3,500||
||0|0|||||||||||||||
||||||||||||||||||
||62,000|62,000|||||||||||||||
||2,400|2,400|||||||||||||||
||60,000||||60,000||||||||||||
||4,800|4,800|||||||||||||||
||20,000|20,000|||||||||||||||
||6,500|5,000|||||||||500|||1,000|||
||4,000|4,000|||||||||||||||
||1,000|1,000|||||||||||||||
||1,100|600|||||||||||500||||
||12,000|3,000|||8,000|||||1,000|||||||
||25,000|25,000|||||||||||||||
||7,000|2,000|||||5,000||||||||||
||142,000|8,000|||64,000|70,000|||||||||||
||13,950|3,700|||2,000|550|3,400|2,800|1,500||||||||
||**380,050**<br>**152,300**<br>**0**<br>**0**<br>**138,000**<br>**70,550**<br>**8,400**<br>**2,800**<br>**1,500**<br>**1,000**<br>**500**<br>**0**<br>**500**<br>**1,000**<br>**3,500**<br>**0**||||||||||||||||
||||||||||||||||||
||11,150|1,150||||||10,000|||||||||
||150|150|||||||||||||||
||460|400||||60|||||||||||
||2,500|2,000||||||||||||||500|
||**14,260**<br>**3,700**<br>**0**<br>**0**<br>**0**<br>**60**<br>**0**<br>**10,000**<br>**0**<br>**0**<br>**0**<br>**0**<br>**0**<br>**0**<br>**0**<br>**500**||||||||||||||||
||||||||||||||||||
||**398,310**<br>**160,000**<br>**0**<br>**0**<br>**138,000**<br>**70,610**<br>**8,400**<br>**12,800**<br>**1,500**<br>**1,000**<br>**500**<br>**0**<br>**500**<br>**1,000**<br>**3,500**<br>**500**||||||||||||||||



Page 26 



## **Liskeard Parochial Church Council** 

## **Summary Financial Report For the year ended 31 December 2024** 

|**What is our church really worth?**<br>**Notes**<br>**Total 'worth' of the church (according to the accounts)**<br>**Less: assets that we cannot spend**<br>Our church hall complex<br>Solar panels<br>Church reordering furniture and equipment<br>Computers and other assets used for CAP<br>Computers and other assets used in the church office<br>**Less: assets that we can only spend on specific projects**<br>1<br>2<br>Cash and other assets for spending on Transforming Mission<br>Cash and other assets for spending on Christians Against Poverty (CAP)<br>Cash for spending on ABC<br>Cash for spending on the Choir<br>Cash for spending on Maudlin Field<br>Cash for spending on Empowering the future<br>Cash for spending on the organ<br>Cash for spending on the organ scholarship<br>Cash for spending on those suffering from poverty<br>**Which consists of:**<br>Money held as investments<br>Money owed to the church by others<br>Cash at the bank and petty cash held<br>Money that the church owes to others<br>**Total money and other assets that the PCC may do with as it**<br>**chooses**<br>Capital investment from the original sale of Lanseaton Farm (at market<br>value)<br>Accumulated income from Lanseaton that can only be used for restricted<br>purposes<br>Cash and investments for spending on mission activities only<br>Other equipment and furniture used for Transforming Mission<br>Cash and investments for spending on the church bells<br>Cash and investments for spending on the Church Halls project|**£**<br>**£**<br>844,294<br>75,600<br>10,960<br>10,094<br>4,616<br>1,088<br>5,617<br>305,319<br>413,294<br>431,000<br>3,835<br>114,011<br>-4,661<br>68,232<br>100,701<br>1,428<br>2,435<br>1,233<br>2,279<br>-154<br>1,463<br>793<br>2,126<br>293,721<br>**137,279**<br>22,987<br>16,070<br>105,181<br>144,238<br>-6,959<br>**137,279**<br>**2024**|**£**<br>**£**<br>844,294<br>75,600<br>10,960<br>10,094<br>4,616<br>1,088<br>5,617<br>305,319<br>413,294<br>431,000<br>3,835<br>114,011<br>-4,661<br>68,232<br>100,701<br>1,428<br>2,435<br>1,233<br>2,279<br>-154<br>1,463<br>793<br>2,126<br>293,721<br>**137,279**<br>22,987<br>16,070<br>105,181<br>144,238<br>-6,959<br>**137,279**<br>**2024**|**£**<br>**£**<br>823,067<br>78,400<br>12,460<br>13,461<br>9,883<br>0<br>7,446<br>298,487<br>420,137<br>402,930<br>3,830<br>116,932<br>14,589<br>39,535<br>97,051<br>2,004<br>2,286<br>1,174<br>2,252<br>0<br>1,956<br>783<br>2,444<br>284,836<br>**118,094**<br>35,640<br>11,024<br>79,761<br>126,425<br>-8,331<br>**118,094**<br>**2023**|**£**<br>**£**<br>823,067<br>78,400<br>12,460<br>13,461<br>9,883<br>0<br>7,446<br>298,487<br>420,137<br>402,930<br>3,830<br>116,932<br>14,589<br>39,535<br>97,051<br>2,004<br>2,286<br>1,174<br>2,252<br>0<br>1,956<br>783<br>2,444<br>284,836<br>**118,094**<br>35,640<br>11,024<br>79,761<br>126,425<br>-8,331<br>**118,094**<br>**2023**|
|---|---|---|---|---|
||3,835<br>114,011<br>-4,661<br>68,232<br>100,701<br>1,428<br>2,435<br>1,233<br>2,279<br>-154<br>1,463<br>793<br>2,126||3,830<br>116,932<br>14,589<br>39,535<br>97,051<br>2,004<br>2,286<br>1,174<br>2,252<br>0<br>1,956<br>783<br>2,444||
|||431,000<br> <br> <br>293,721||402,930<br>284,836|
||22,987<br>16,070<br>105,181||35,640<br>11,024<br>79,761||
|||**137,279**||**118,094**|
||||||
||144,238<br>-6,959||126,425<br>-8,331||
||||||
|||**137,279**||**118,094**|



## **Notes** 

> 1 Lanseaton income can only be used for 'ecclesiastical purposes'. However, this is quite a wide definition, relating to anything to do with the church building or the ministry or mission of the church. 

- 2 The Mission Fund may only be used for mission activities as defined by the "Five Marks of Mission" set out by the Archbishops of the Anglican Communion. Its primary purpose now is to meet or contribute to the parish contributions under Transforming Mission. 

Page 27 



## **INDEPENDENT EXAMINER’S REPORT** 

## **TO THE PAROCHIAL CHURCH COUNCIL (PCC) OF ST. MARTIN’S, LISKEARD ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2024** 

I report on the accounts for the year ended 31 December 2024 which are set out on pages 12 to 24. 

## **Respective Responsibilities of the PCC and the Independent Examiner** 

The PCC is responsible for the preparation of the accounts. The PCC considers that an audit is not required for this 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; 

- follow the procedures laid down in the Charity Commissioner under section 145(5)(b) of the 2011 Act; and 

- state whether particular matters have come to my attention. 

## **Basis of Independent Examiner’s Statement** 

My examination was carried out in accordance with the General Directions given by the Charity Commission. 

An examination includes a review of the accounting records kept by the PCC 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 PCC concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a ‘true and fair view’ and the report is limited to those matters set out in the next statement. 

## **Independent Examiner’s Statement** 

In connection with my examination, no matters have come to my attention: 

- 1) which gives me reasonable cause to believe that in any material respect the requirements: 

   - to keep accounting records in accordance with section 130 of the 2011 Act; or 

   - to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act 26 March 2025 

   - have not been met: or 

- 2) To which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. 

A.M. Farr, F.C.C.A. 10 March 2025 **DAWE, HAWKEN & DODD** Chartered Certified Accountants 52 Fore Street, Callington, PL17 7AJ