PAROCBIAL CHURCH COUNCIL OF IHE ECCLESIASTICAL PARISH OF TIIE CIIURCH OF KING CHARLES THE IIIARTYR POTTERS BAR (CHARITY Ni)MBEK 1130748) tNDEX TO FtNANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEI￿R2024 Statement of Parochial Church Council's Responsibilities JJ]dependent ExaMin￿'S Report Balance Sheet ststement of Financial Activities Notcs to Financial Statements BIIENNAN PEARSON & CO Chartered Aecollntants 1101112 LatLoa5torRoad, NFW B￿￿¢( Hcrtfordshirc EN4 8AL CHURCH OF IaNG CHARLES THE MARTYR sTAT￿￿ENT OF PAROCHtAL CHURCH COUNCIL'S RESPONSIBtLrrJEs Law applicable to charities in England and W8les requires the PRrochi3J Church Council to pryare fin8ncial statements for each finaacial Ye￿ which give a ttue and fair view of the Chllrch's financial activities during the year 2nd of its flltsncial position at tbe end of the year. In preP￿ing financial statements giving a true and fair view the Parocbial Church Council shouId follow best practice and: select suitable accounting policies and apply tkn consistendy. b) make judgements and eStlu￿teS that are reasonabIe arid pruden¢ state whether applicable Accounting Standards and Statemellts of Recommended Practice have been followel subject to any departures disclosed and explained in the fjnancial statements: and d) prepare the fi[￿n¢la1 statements on the going concern basis unless it is inappropriate to assume that the Church will continue its activities. The Parochial Church Council is TespoDsible for keeping proper accounting records which disclose, with reasonable accuracy, the finallcial position of the Church, and which enable them to both ascertain the financial position of the Church and ensure that the fillancial ststements comply with applicable regulations. It is also responsibEe for safeguarding the assets of the Church and hence for taking reasO]￿ble stsps for the prevention and detection of fraud and other irregularities. INDEPEIYDENT EXAMtKERS' REPORT TO li THE PAROCHtAL CHURCH COUNCIL OF THE CHURCH OF KtNG CIIARLES THE MARTYRPOTTERS BAR ON THE ACCOUNfs FOR THE YEAR ENDKD 31 DECELVIBER2024 (AS SET our ON PAGES 3-5) Charity Nwnber 1130748 Rdspeclive responsibilities of trustees and examiner The CI￿lty'S trustees are responsible for the preparation of the accounts. The charity's trustees consider tbat all audit is not required for this year under section 144 of the Charities Act 2011 (the ch￿ltieS Act) and that an illdependent exami￿0￿ is needed. It is out responsibility to: xaTnine the a￿O￿ntS under sedion 145 of the Ch￿AtieS Act. follow the pr()cedures laid down in tbe general Directions given by tbe Charity Con]mission (under section 145(5)(b) of the Charities Act. and to state wbether particul￿ matters have come to our attention. Basis of independent examiners, statement Our exanunation was carried out in accordance with general.Dixections given by the Charity Comrnission. An exau]ination includes a review of the accoulltillg records kcpt by the charity and a comparison of the accounts presenteLI with those records. It ￿s0 illcludes consideration of any unwual iten]s or d1scl0sL￿eS in the accounls and scekittg explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in all audit and consequendy llo opinÉon 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 statement below. Independent examiners, statement In connection Iwith our ewarn1r￿ti0n no ll￿terial matters have come to our attention which gives us cause to believe that in, any material respect: accounting records were not kept in accordance with section 130 of the Charities Act or the accounts do not accord with the accounting records. We have come across no other matters in connection with the exan]ination to which attention should be drawn in order to enable a proper understanding of e accounts to be reached. BRENNAN PEARSON & CO Chartered Accountants 1101112 Lancaster Road New Barnet Herts EN4 8AL 4 March 2025 BALANCE SHEET AS AT 31 DKCEJltBER 2024 2024 2023 CttRRENT ASSETS Bank Current Acounts B￿ClaYS Ballk cu￿eTht Alc 17873 17873 13628 13628 BankDe osit Accounts Central Board of Finance- Mutton Lane Alc 106 106 101 101 17979 13729 CBF tnvestEnent Fund- Accutnulation ShaTes 139654 152206 CBF UK Equity Fund- Income sh￿es 23617 163271 23316 175522 NET ASSETS FUNDS CCLA Funds 163271 175522 General Pl￿pOseS Fund 17979 13729 Approved by the P￿0¢h181 Church Council on 4 March 2025 and signed on its behalf by: Treasurer CHURCH OF KING CHARLES THE MARTYR STATEIVIENT OF FINANCLIL ACTIvrrici S YEAR ENDED 31 DECKMBER 2024 Unrestricted Funds Restricted Totsl Funds Funds Ie 31.12.24 Total Funds le31.12.23 INCOMING RESOURCES Grants & donations Fundtaising events & appeals Parish hall income Collections PCC fees . Deposit iuterest Rea]ised gain on disposal of income Sbares 66497 5098 64333 1916 156 66497 5098 64333 1916 156 62382 4375 63436 1690 4871 775 4120 4120 10 Totsl Incoming Resources 142941 142941 147529 LESS: EXPENDrfuRE (a) Direct charitable expenditure: Charitable giving Vicar's expenses Parish hall expenses Church Upl￿p (b) Miscellaneous: Parish sh&re 1551 1084 42620 20020 1551 1084 42620 20020 1525 2719 31329 15506 64109 64109 68374 129384 123843 119853 (c) Management & administration: Repairs Telephone, postage & StstiQ￿ry Miscellaneous ' 6383 6383 3051 3450 24735 22924 22924 29307 307 31236 Total Expendithre 158691 158691 151089 Net (Loss) Transfer between fill Unreatised Gain- CCLA Total thds - brought forward (15750) 20000 (15750) (3560) (20000) 7749 175522 7749 189251 9801 183010 13729 Total funds - carried forward 251 CHURCH OF iaNG CHARLES TIIE IVL4RTYR NOTES TO FINANCIAL STATEMENTS FOR THE YEAR ENDKD 31"DECEMBER 2024 I. ACCOUNTING POLICIES The fi]]allCi31 ststements h&ve been prepared in accordance wtth applicable accounting stand under the historical cost convelltion and on the accruals basis. Income InColl￿ includes recoverable income tax wbicb has been deducted from payments made to tbe charity, or which arises from donations made to the charity under the Gift Aid provisio Inter￿t Interest is included on a receivable b&sis and is shown gross.