l HolyTrinity
TEWKESBURY
MEÉT GOD . FIND LIFE MAKE FRIENDS
The Parochial Church Council of
Holy Trinity Tewkesbury
Annual Report and Accounts
Year ended 31 December 2024
THE CHURCH
OF ENGLAND
DIOCESE OF
GLOUCESTER
Registered Charity 1130775

l HolyTrinity
TEWKESBURY
MEET GOD . FIND LIFE MAKE FRIENDS
The Parochial Church Council of
Holy Trinity Tewkesbury
Annual Report and Accounts
Year ended 31 December 2024
INDEX
1 Annual Report incorporating
5 Administrative information
7 Statement of Council members,
responsibilities
8 Independent Examiner's report
9 Financial Statements incorporating
9 Statement of Financial Activities
10 Balance Sheet
11 Notes to the Financial Statements

ANNUAL REPORT FOR HOLY TRINITY TEWKESBURY FOR THE YEAR ENDED 31 DECEMBER 2024
Aim and purposes
Holy Trinity Parochial Church Council IPCCI has the responsibility of co-operating with the incumbent, the
Reverend Stephen Walker, in promoting in the ecclesiastical parish, the whole mission of the Church.
pastoral, evangelistic, social and ecumenical.
Objective and Activitres
The PCC is committed to enabling as many people as possible to worship at our Church and to become part
of our worshipping community. The PCC maintains an overview of worship throughout the parish and
makes suggestions on how our services can involve the diverse community in which we live. Our services
and acts of worship put faith into practice through prayer and scripture, music and sacrament.
When planning our activities for the year, the incumbent and the PCC have considered the Charity
Commission's guidance on public benefit and in particular. the specif ic guidance on charities for the
advancement of religion. We try to enable ordinary people to live out their faith as part of our parish
community through:
Worship and prayer.. learning about the gospel and developing their knowledge and trust in Jesus.
Provision of pastoral care for people living in the parish.
Missionary and outreach work.
To facilitate this. it is important that we maintain the fabric of the Church of Holy Trinity.
Achievements and Performance
Worship ond Prayer
The year started, as usual, with a week of prayer. As a Church community we recognise the necessity to lay
strong foundations in prayer at the start of each year. Our monthly 'Prayer for Revival, gatherings on the first
Sunday evening of each month, reflect an aspiration for the spiritual transformation of our community and
beyond. The Week of Prayer for Christian Unity brings all the churches together across the town to worship
and share fellowship. Though we meet in separate spaces Sunday by Sunday we are all one church working
together to see the Kingdom of God bringing hope to the people of this town.
Sunday and mid-week gatherings for worship which are open and accessible to all continued a5 per our
regular pattern. Our fortnightly evening services (called 'Encounterfl provide a space for more informal
worship without the constraint of time that always accompanies our morning services.
'Encounter' is also an opportunity to develop the gift5 of others as well as our young people by encouraging
them to experience public speaking (delivering sermons). leading the service and participating in the worship
group. In this way we hope to provide opportunitie5 for members of our congregation to explore their gifts as
well as encouraging the potential for future church leaders amongst our young people.
It also provides opportunity for those involved in serving in TJC (Trinity Junior Church) or the youth ministry in
the morning to find a space for spiritual refreshment for themselves.
Services of worship also take place in the community in residential homes. the day centre and local hospital,
particularly around Christmas, Easter and Harvest, facilitated by a team who extend the ministry of the
church in this way.
All are welcome to attend our regular 10am services or twice monthly evening services. At present there are
216 on the electoral roll.

ANNUAL REPORT FOR HOLY TRINITY TEWKESBURY FOR THE YEAR ENDED 31 DECEMBER 2024
Deanery Synod
We now have 3 representatives of the PCC who attend Deanery Synod. This provides the PCC with an
important link between the parish and the wider structures of the Church of England. The work of the
Deanery reflects the 'Life' vision of the Diocese and informs the agenda so that the focus of ministry across
the churche5 complies with the direction of travel led by our Diocesan Bishop, Bishop Rachel.
The outworking of this comes from John IO'.10, '1 have come that they may have LIFE and have it to the f ull,.
L . Leadership- a commitment to developing diverse and new models of leadership
I Imagination- opening new paths to faith through existing and new mission opportunities
F .' Faith- living as adventurous followers of Jesus by enabling people to discover new depths to spiritual growth
E .. Engagement- living out Christ's love and hope through initiatives which combat injustice and exclusion
Rev David Penny, Vicar of St Peter's church, Winchcombe is the Area Dean and is supported by a
Standing Committee of treasurer, secretary and Assistant Area Deans of the 3 Mission Areas. The
Deanery Synod met on 3 occasions over the year to conduct its business.
The focu5 of the Deanery continues to be to implement the Strategic plan for sustainable ministry into
the future.
Pastoral Care
Pastoral care expresses the love of God to those in our fellowship and in the wider community. This largely
happens through the friendships grown in our small group network but also through our contacts with the
wider community. Our pastoral prayer support coordinator has provided a helpful means of communication
to enable information of particular needs to be shared Iwith the individuals, consent) for the benefit of
prayer and prattical support. Thi5 has strengthened our ability to be aware of particular needs and
demonstrate care as best we can or signpost individuals to professional support.
Postoral curefor youngfomilies
'Smarties', our parent and toddler weekly activity provides a regular connection with young families in the
community. Such is the good reputation of this ministry that Health Visitors are happy to recommend it as a
place where young parents or carers can access friendship, community and support.
With the cost of living continuing to have an impact the ministry of the Welcome Table la warm space and
free hot meal) for anyone in the community who desire it. has continued to be a helpful support to
individuals and families.
Mission and outreach
The Mission of the church to reach out with the good news of Jesus Christ and the love of God has contin ued
through our support for one another in our community.
The Outlook services have continued providing an opportunity for worship at festival times (Harvest, Easter
and Christmas) in residential homes, the local hospital and day care centre. We are grateful to those
members of our church who have contributed so much to this outward expression of ministry not just in
Tewke5bury but by leading services in churches further afield.
Member5 of our church community continued to reach out through their voluntary support offered to
various local charities, in particular, the work of the Tewkesbury Foodbank and Cheltenham Street Pastors.

ANNUAL REPORT FOR HOLY TRINITY TEWKESBURY FOR THE YEAR ENDED 31 DECEMBER 2024
Schools Work
The PCC employed Sarah Hellewell Banelli as a part time Children's and Family Worker and Sam Williams as a
part time Youth Pastor. This enables the church to have the capacity to be involved in local schools in a
supportive role. This involvement has continued this year with input to school assemblies, Christian union
groups and lunch time activities. Church members contribute as part of 'Open the Book, teams taking
assemblies in different Primary Schools a5 well serving as school governors. Holy Trinity has hosted school
Harvest and Christmas celebrations as well as providing the opportunity for school visits to the Experience
Easter and Experience Christmas interactive experience.
All these opportunities demonstrate the involvement of the church in the local community.
Mission
The PCC have committed IO% of our unrestricted voluntary income Igrossl to support Mission. Our
primary commitment is to our Mission Partners serving in a variety of contexts in the UK and overseas:
Chris and Suzy Wilson ICMSI. Living in Addis Ababa and serving throughout Ethiopia.
Release International - Building One Body Partnership programme with the church in Pakistan
Pedro and Annu Santos- ICMJI Belt Immanuel, Tel Aviv, Israel
Tim Curtis- ISAMS/CMS} Paraguay
Wayne O'Leary- Slavic Gospel Association
Jason and Tracy Day- CMS Iseconded to OMFI in Chiang Mai, Thailand
Our support for those who serve overseas acts as an important expression of our desire to be a 'Loc31 Church
with a Global Concern, and the links we have established through the Life groups will maintain their high
profile in our church prayer agenda.
As well as our Mission Partners the PCC has also provided support to the following ministries..
Embrace the Middle East
The Children's Society
Gloucester City Mission.
Tearfund's emergency appeal for aid in the Middle East
Financial Review
Total income for the year was £309,18512023-. E209,0191 and total expenditure £248,33012023: £240,661).
The balance on the general fund Increased to £91,41612023: £75,689). In addition to cash-based assets,
the church own5 Trinity House (the church office) and The Old Mission Hall along with various ttems of
plant, equipment and furniture,. these assets make up the fixed asset total on the Balance Sheet of
£264.42112023: £ 255,5451.

ANNUAL REPORT FOR HOLY TRINITY TEWKESBURY FOR THE YEAR ENDED 31 DECEMBER 2024
Reserves policy
The policy of the PCC is to aim to keep a minimum of three months, expenditure on reserve. The PCC is thankful
that it is possible again to observe this policy.
Volunteers
We would like to thank all the many volunteers who work so hard to make our church the lively and vibrant
community that it is. In particular, we would like to thank our churchwardens, Mr Alan Bedford land Mr Steve
Burden who stepped down in April) and Mrs Geraldine Simpkin5 who have worked so tirelessly on our behalf
and Mr Philip Loveridge as the church treasurer supported by the finance team. We would like to express our
appreciation as well to our leadership team who have provided so much support and shared leadership over
the year.
The church can only function with the support of its members, so many of whom give willingly of their time
and energy. Therefore, it is appropriate to express appreciation to the whole church membership as well as
the PCC and administrative officers, staff team and leadership team and Life group leaders for all they give in
so many ways to contribute to the life of Holy Trinity.
Structure• governance and management
The method of appointment of PCC members is set out in the Church Representation Rules. At Holy Trinity.
the membership of the PCC consists of the incumbent Ivicarl, Curate, churchwardens, readers and members
elected by those members of the congregation who are on the electoral roll of the church. All those who
attend our services and consider themselves to be members of our congregation are encouraged to register
on the Electoral Roll and stand for election to the PCC.
The PCC members are responsible for making decisions on all matters of general concern and importance
to the parish including deciding on how the funds ot the PCC are to be spent.
The PCC met six times during the year, every other month. with the Standing Committee meeting alternative
months. An average level of attendance of about 80% was achieved at each meeting. Sub committees have
also met throughout the year. reporting back to the full PCC at each meeting for further discu55ion.
Representatives of the various Synods also report back following meetings they attend.
The PCC has employed part time staff to assist in the ministry of the church.. Mrs Sam Williams (Youth
Pastor), Mrs Sarah Hellewell Banelli (Children's and Families Worker) and Mrs Helen Hart {Administrator).

ANNUAL REPORT FOR HOLY TRINITY TEWKESBURY FOR THE YEAR ENDED 31 DECEMBER 2024
Administrative information
The Parochial Church Council of the Ecclesiastical Parish of Holy Trinity, Tewkesbury, known as HolyTrinity
Tewkesbury. is located in the middle of Tewkesbury by the market car park. It is part of the Diocese of
Gloucester within the Church of England. The correspondence address is:
Holy Trinity Tewkesbury, Church Office, 10 Oldbury Road, Tewkesbury, GL20 SNA
The PCC is a body corporate IPCC Powers Measure 1956, Church Representation Rules 20111 and
Charity registered with the Charity Commission IRegistration number: 11307751.

ANNUAL REPORT FOR HOLY TRINITY TEWKESBURY FOR THE YEAR ENDED 31 DECEMBER 2024
st
PCC members who have Served from l January 2024 until thi5 report wa5 approved are..
Ex Officio member5
Incumbent..
Curate
Reader..
The Reverend Stephen Walker
Revsimon Philips
Chairman
Mrs Jo Davies
Wardens..
Mr Steve Burden
Mrs Geraldine Simpkins
Mr Alan Bedford
Church Warden Resigned April 2024
Church Warden
Church Warden- From April 2024
Officers."
Mr Philip Loveridge
Treasurer
Mrs Liz Walker
Secretary
Elected members..
Mrs Lesley Rogers
Canon Nigel Chetwood
Mrs Alison Cirel
Mr Isaac Davies
Mrs Sue Thatcher
Mrs Andrea Duncan
Mr Julian Dickinson
Mrjohn Haughan
IGDPR Repl
(Mission and Evangelism Repl Resigned April 2024
Resigned April 2024
Mr Duncan de Gruchy
(Safeguarding Repl
Deanery Synod..
Mr lan Hart
Mr Martin Edgley
Mr David Greenwood
Deanery Synod Representative
Resigned April 2024
Bankers
NatWe5t PLC
Cheltenham Branch
31 Promenade
Cheltenham
Independent Examiner
Andrew R Cook ACA
Chartered Accountant
Shurdington Road
Bentham
Gloucestershire
G1514UA
GL50 ILH

ANNUAL REPORT FOR HOLY TRINITY TEWKESBURY FOR THE YEAR ENDED 31 DECEMBER 2024
Statement of Council member5, responsibilities
Charity law requires the council mernbers to prepare financial Statements for each financial year which give a
true and fair view of the state of affairs of the Parochial Church Council at the year end and of its incoming
resources and resources expended during that year. In preparing those financial statements, the Council
members are required to..
select suitable accounting policies and apply them consistently,.
make judgement5 and estimates that are reasonable and prudent,.
State whether applicable accounting standards and statements of recommended practice have been
followed subject to any departure5 disclosed and explained in the financial statements; and
prepare the financial statements on the going concern basis unless it is inappropriate to presume that
the Parochial Church Council will continue to function.
The Council members are responsible for keeping proper accounting records which disc105e with reasonable
accuracy at any time the financial position of the Parochial Church Council and enable them to ensure that the
financial statements comply with the Charities Act 2011. They are also responsible for safeguarding the assets
of the Parochial Church Council and hence for taking reasonable steps for the prevention and detection of fraud
and other irregularities.
The Annual Report and Accounts were approved bythe PCC subject to examination and signed on its behalf
by:
Reverend Stephen Walker (Chairman)
10 March 2025

Independent Examiner's report to the Council members on the unaudited accounts of the
Parochial Church Council of Holy Trinity, Tewkesbury
I report to the charity trustees on my examination of the accounts of the charity for the year
ended 31 December 2024 which are set out on pages 9 to 17.
Responsibilities and basis of report
As the charity's trustees you are responsible for the preparation of the account5 in accordance
with the requirements of the Charitie5 Act 2011 {'the Act'}.
I report in respect of my examination of the charity's accounts carried out under section 145
of the Act and in carrying out my examination I have followed all the applicable Directions
given by the Charity Commission under section 14515)Ib) of the Act.
Independent Examinerfs statement
Since the charit¢s gross income exceeded £250,000, your examiner must be a member of a
body listed in section 145 of the Act. I confirm that l am qualified to undertake the
examination because l am a member of the Institute of Chartered Accountants in England
and Wales, which 15 one of the listed bodies.
I have completed my examination. I confirm that no material matters have come to my
attention in connertion with the examination giving me cause to believe that in any material
respect:
accounting records were not kept in respett of the charity as required by section 130 of
the Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the applicable requirements concerning the form and
content of accounts set out in the Charities (Accounts and Reports) Regulations 2008
other than any requirement that the accounts give a 'true and fairVie￿ which is not a
matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the
examination to which attention should be drawn in this report in order to enable a proper
understanding of the accounts to be reached.
Andrew R Cook ACA
Chartered Accountant
Shurdington Road
Bentham
Gloucestershi re
GL514UA
Date: 10 March 2025

THE PAROCHIALCHURCH COUNCILOF HOLYTRINITYTEWKESBURY
STATEMENTOF FINANCIALACTIVITIES
YEAR ENDED 31 DECEMBER 2¢J24
GENERAL
FUND
DESIGNATED RESTRICTED
FUNDS
FUND5
2024
2023
NOTES
INCOME FROM=
Incomefrom generated funds
Donat￿￿5 and legacies
Charitable actKwities
Other trading activities
Investments
TOTAL INCOME
235,568
25,436
3.693
5.819
270,516
33.475
4.282
912
273.325
26,348
3,693
5,819
5￿,185
194.051
8,602
2,838
3,528
209.019
33,475
5,194
EXPENDITURE FROM:
Charitable activities
215,789
215,789
25.624
25,624
6,917
6,917
248.330
248.330
24).661
240.661
TOTALEXPENDITUftÉ
Net operating income/lexpendituiel
Transfer between fvnds
io
Nd income forthe year and net movement in funds
RECONCILIATION OF FUNDS
Total fvnds brou8htfotward
Total fvnds carried fopward
54,727
139,OWI
15.727
7,851
39.1YXI
4d851
IL7231
60.855
131,6421
11.7231
60.855
13L642)
75.089
91.416
274.645
321.490
355,674
416,529
387,316
355,674
li
3.617
The notes at pages llto 17 form part ofthese financial statements.
The allocation between funds for2023 is showi in note IS.

THE PAROCHIALCHURCH COUNCIL OF HOLYTRINITY TEWKESBURY
BALANCE SHEET
AS AT 31 DECEMBER 2024
NOTES
2024
2023
FIXED AsS￿s
Tangible fixed assets
264,421
255. 545
264,421
255. 545
CURRENT ASSETS
Deposit - CCLAlnvestment Management
Investment- CCLACofE Global Equity Fund
Current account- Natwest
Petty cash
Cash at bank and in hand
120,¢X(J
6,5
24.343
14
150,857
23.711
21
103.732
Debtors
3,560
3,095
154,417
106,827
LIABILITIES
Creditors - amounts falling due in one year
12,3091
16.6981
NEf CURRENT ASSErs
152, 108
ICO. 129
TOTAL N￿AsSErs
416,529
355,674
THE FUNDS OF THE CHARITY
Unrestricted funds- General
Unrestricted funds - Designated
Restricted funds
91,416
321,496
3,617
75,689
274,645
5.340
13
14
416.529
355,674
Approved by the Parochial Church Council o
10 March 2025 and signed on its behalf by
P J Loveridge
Treasurer
10

THE PAROCHIAL CHURCH COUNCIL OF HOLYTRINITYTEWKESBURY
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 DECEMBER 2024
l. Accounting Policies
Basis of financial statements
The financial statements have been prepared under the Church Accounting Regulations 2006
and the Charities Act 2011 in accordance with applicable accounting standards and the current
Statement of Recognised Practice forAccounting and Reporting by Charities ISORP 20151 FRS
1021 and on the basis that the charity is a Public Benefit Entity.
The financial statements include all transactions, assets and liabilities for which the PCC is
responsible in law. They do not include the financial statements of church groups that owe
their main affiliation to another body nor those that are informal gatherings of church
members. The f inancial statements have been prepared under the historical cost convention
and on a Going Concern basis. The presentation currency is £ Sterling.
The principal accounting policies adopted in the preparation of the financial statements are
as follows-
Funds
General funds represent the funds of the PCC that are not subject to any restrictions regarding
their use and are available for application on the general purposes of the PCC. Funds
designated for a particular purpose by the PCC are also unrestricted.
Restricted funds are funds which are to be used in accordance with specific restrictions
imposed by donors or which have been raised by the church for specific purposes. The cost
of raising and administering such funds is charged against the specific fund. The aim and use
of each restricted fund is set out in the notes to the financial statements.
Income and endowments
Voluntary income is received by way of donations and gifts and is included in full in the
Statements of Financial Activities when receivable. Gifts donated for resale are included as
income when they are sold. Donated assets are included at the value to the PCC where this
can be quantified and a third party is bearing the cost. The value of services provided by
volunteers is not quantified.
Collections are recognised when received by or on behalf of the PCC.
Planned giving receivable under Gift Aid is recognised only when received.
Income Tax recoverable on Gift Aid donations is recognised when the income is recognised.
Grants and legacies to the PCC are accounted for when an inflow of economic benefit IS
probable.
Rental income from the letting of church premises is recognised when the rental is due.
Interest Is accounted for when receivable.
The PCC 15 not registered for VAT.
For legacie5, entitlement is the earlier of the charity being notified of an impending
distribution or the legacy being received. At this point income 15 recognised. On occasion
legacies will be notified to the charity, however it is not possible to measure the amount
expected to be distributed. On these occasions, the legacy 15 treated as a contingent asset and
disclosed.

THE PAROCHIAL CHURCH COUNCIL OF HOLY TRINITY TEWKESBURY
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 DECEMBER 2024
l. Accounting Policies {continued)
Expenditure
All expenditure is included on an accruals basis and is recognised when an outflow of
economic benefit Is probable.
Fundraising costs are those incurred in seeking voluntary contributions and do not include the
costs of disseminating information in support of the charitable activities.
Fixed assets
Consecrated and beneficed property of any kind is excluded from the financial statements by
SIOl21 of the Charities Act 2011.
Moveable church furnishings held by the Vicar and Churchwardens on special trust for the
PCC, and which require a facu Ity for disposal, are accounted for as inalienable property unless
consecrated. They are listed in the church's inventory which can be inspected at any
reasonable time. For inalienable property acquired prior to 1999 there is insufficient cost
information avai lable and therefore such a55ets are not included in the financial statements.
There were no acquisitions of inalienable property in this financial year.
Depreciation of the cost of equipment and refurbishment is charged on a 20°A straight line
basis. Freehold property is depreciated using the straight line method using a rate of 1%.
These rates are calculated to write off the assets over their useful economic lives. Assets
costing more than £IOOO are capitalised.
Pensions
The PCC make5 contributions for the benefit of employees to a multi-employer defined
contribution scheme.
Investments
Fixed asset investments, if any, are stated at market value.
Leasing
Rentals payable under operating leases are charged against income on a straight line
basis over the lease term. The title of the lease remains with the lessor.
Financial instruments
The PCC only has financial a55ets and financial liabilities of a kind that qualify as basic financia I
instrument5. Basic financial instruments are initially recognized at transaction value and
subsequently measured at their settlement value.
Going concern
There are no material uncertainties that may cast significant doubt on the PCC'S ability to
continue as a going concern.
12

THE PAROCHIAL CHURCH COUNCILOF HOLY TrIN1￿TEWKESBVR¥
NOTE5 TOTHE FINANCIAL STATEMENTS
YEAR ENDED 31 DECEMBER2024
GENEIiAL DESIGNATED RESTRICTED
FUND
FUNDS
FUNDS
TOTAL
TOTAL
2023
I DONAIIONS AND LEGACIES
Planned giving and Tax Trail
Non TaxTrail
Income Taxrefunded
Collections
Otherdonations
Grants
Legafftes
135.611
11,545
47.058
10,297
31,057
135,611
11,545
47,058
11,465
61263
128,816
18.584
32,595
10. 167
5K)
2.329
1.108
3,114
27,OY2
6,383
33.475
6,3
273,325
235.568
4,282
194.051
3. INCOME FROM CHARITABLEACTIVITIES
Churd) activities and conferences
Fee5
23,997
1.439
25,436
912
24.909
1.439
20.348
912
Income from "Church actpiitie5 and conferences" varie5 widdy from oneyear to the next depending on whether a Church weekend
away" ha5 taken place, normally every otheryear. See also Church fellowship activities" under Note 5b.
From time to titne the PCC receive5 funds raised by groups or individuals wthin the church and p355e5 this money on to cau5e5
de51Enated by the organisers. k th￿e not considered to be actwitie5 ofthe PCC, the rnoney is not included in these accounts,
4. OTHER TrADING ACTIVITIES
Hall rents
otherinceme
3,693
3.693
2,838
3,693
3.693
2,838
5. CHARrrABLEACTlVtflES
. GRANTS AND DONATIONS
Families in Need
Home M￿s1on
OveT5eas Mission
other donations
600
18,5(M)
1,168
20,328
950
18,450
818
20.218
1,168
1,168
19,1(X)
b. COSTS OFCHLIRCHACTIVITIES
inistry- Parish Share
-clergy expenses
91,605
1,867
12,357
12,572
7.642
48,353
7,724
1,249
gL605
L867
11357
11572
7.642
48.353
9,439
1.249
85.611
1.8
13.780
9.934
9,198
5B,724
10,842
1.356
3,347
5,759
1,157
368
.140
214.076
Cleaning tontract
Church Maintenance
5tsff cost515ee note 61
Children &Youth Work
Mu5
Insurance
Outreach and 5ervKe5
Training and recruitment
Church fellowship activities
DeprecK3tion
1.715
2,890
2,094
17,874
1.784
4.674
2.094
20.124
6,524
221,984
2.250
6.524
6,524
209,711
5,749
c. CHURCH ADMIN15TRAlloN
omputer and website costs
Telephone
Printing. postage and stationery
Office sundries
Professional lee5
1,778
1.049
1,418
1.383
390
6,018
1,778
1.049
1.418
1,383
390
6.018
2,170
1,219
1.818
770
390
6,367
ToTAL-cHAR￿ABLE AcnviTIE5
215,789
25.624
6,917
248.330
240,661
Professional fee5 includes the remuneratk)n of the Independent Examiner of É39012023- £3901 forthe independent exarnination.
13

THE PAROCHIAL CHURCH COUNCIL OF HOLY TRINITY TEWKE5BURY
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 DECEMBER 2024
6. STAFF COSTS AND TRUSTEE MAThERS
The average numbers of employees (all part-timel during the year were..
2024
2023
Charitable activities
Administration
Employee costs
Gross salaries
Ernployers pension contributions
Employers NIC
46.(K)O
2,353
55.805
2.919
48.353
58.724
No employee earned more than É60,00012023. nill.
The aggregate cost to the charity of all employee benefits received by the trustees and other key personnel
is £48.35312023- £58,724).
Related party transactions..
No trustee received remuneration in 202412023- nill.
clergy expenses in 2024 amounted to É1,867 Imileage £529. office/ telephone £565 and
other costs £7731.12023 - £18601
No expenses were paid to other trustees, apart from reimbursement ofchurch expenditure.
There were no related party transactions involving trustees during the year12023-£2861.
No grants were made to related parties12023- nill.
As with many churches, a significant amount of donations is received from trustees but it would not
be in the best interests of the charity to assess the amount. Much gNing is anonymous- all giving
IS treated as confidential.
7. TANGIBLE FIXED ASSErs
Freehold Equlpment
propertr
Total
Cost or valuation
At ljanuary 2024
Additions
Disposals
At 31December 2024
283,342
162,809
15,4(K)
446. 151
15.4(K)
283,342
178.209
461,551
Depreciation
At ljanuary 2024
Additions
Disp05als
At 31 December 2024
28.545
2.833
162.061
3.691
19),606
6.524
31.378
165,752
197.130
Net book value 31 December 2024
Net book value 31 December 2023
251.964
254.797
12.457
264,421
255.545
8. DEBTORS
2024
2023
Income Tax recoverable
Sundry debtor5
Prepayments
1.335
859
1,223
3,560
2.236
3.095
14

THE PAROCHIALCHURCH COUNCILOF HOLYTrINITY TEWKESBURY
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 DECEMBER 2024
9. CREDITORS.AMOUNTS FALLING DUEWITHIN ONEYEAR
2024
2￿3
Creditors
Aecru315 and deferred income
1,919
390
1,884
4,814
6,698
Included in accrua15 and deferred ineotne 15 deferred income of Enil12023- £43241 representing monres
collected in advanceforchurch activities taking place in thefollowing year.
IQ. TRANSFERS BEtWEEN FUNDS
2024
2023
TransleT from general ftjnd to Donation fund (equal to IO% of unrestricted
voluntsry income in yearl.
General fund to Fixed Asset fund representing initial cost of a new heating system.
23,&J)
15.400
19,IlJ)
11. TOTAL FUNDS CARRIED FORWARD
Nots
At 1stJanuary Income Expenditure Transfers At 31 December
2024
2024
Gener31 fund
Designated funds
Restritted funds
75,689
274,645
270,516
33.475
5,194
309.185
1215,7891 139,(KOI
125.6241
39.(￿)
16,9171
1248.3301
91.416
321,496
3,617
416.529
355,674
previou5 yeor
At tstjttnuary Income Expenditure Transfers At31 December
2023
General fvnd
Designoted fvnds
Restricted fvnds
94,557
287,085
5,674
387,316
204,252
1204,0201 119,1￿)
131.5401
19,1(
15. 1011
1240,6611
75,689
274,645
4.767
209,019
355.674
12. DESIGNATED FUNDS
At 1st January Income Expenditure Transfers At 31 December
2024
2024
Building fund
Donation fund
F￿ed 355et fijnd
Leg3cy fund
27,092
27,092
23,6(M)
264,421
6.383
321,496
19,ILX)
255,545
119,ICOI
16,5241
23,600
6.363
33,475
274,645
125,6241
39,(X)O
prevtous year
At Istjanuary Income E¥penditure Transfers At 31 December
2023
Donotion fvnd
Fixed asset fvnd
19,4
267,685
287,085
119,4(X)I
112,1401
131.5401
19,100
19,ICK)
255,545
274,645
19,100
The Building fvnd earmarks finance required to meetfuture empendilureon bullding5 and equipment. The inbtial
balance15 mainly from a Gift Day for replacing the heating system in the halls in 2025.
The Donation fund is primed at the end of each year with a transfer from thegeneral ￿nd equwalent to IO%of the
unrestricted voluntary income received in that year. It is used in thefollowing year tts fund grants to overseas and home
missions. especial￿ to support the church'5 rnission partners.
The Fixed Asset fijnd rnirrors the value ol the Frrted ￿$Set5 in the balance sheet. providing fvnds for the future
depreciatton charges relating to those assets.
The Legacy ftjnd represent5 money received from legaties and invested to produce an income to rneet fijtureexpenditure.
15

THE PAROCHIAL CHURCH COUNCIL OF HOLY TRINITY TEWKESBURY
NOTES TO THE FINANCIAL STATEMENTS
YEAR ENDED 31 DECEMBER 2024
13. RESTRICTED FUND5
At tstjanuary
2024
Income
Expenditure Transfers At 31 December
2024
Garden of Remembrance
Families in Need
Speci31 collections
Cefn Lea Bursary
Youth Events
The WelcomeTable
926
926
1.168
11.1681
12.2501
11.7151
11,7841
16,9171
1,250
1.383
1.669
5,340
2.911
115
5,194
2.579
3,617
previous year
At tstjanuary
2023
Income
Expenditure Transfers At 31 Decembe
2023
Garden of Remembranee
Families in Need
Special collections
Cefn Lea Bursary
Youth Events
The Welcome Table
112
926
112
926
818
1.250
18181
1.250
1.383
1,669
1,851
2,785
5.674
11.3521
12,9311
15,1011
1,815
4.767
The Garden of Remembrance fund was set up to provide fund5 to maintain the Garden of Remembrance.
The Families in Need ftjnd (2150 known as the Blessing5 fund) exists to provide gifts in cash or kind for
people associated with the church in times of particular need.
Special collections are usualty held at Christmas seThices for Embrace the Middle East and The Children's Society.
and for other causes at various times.
The Cefn Lea Bursary fvnd enables church members to pay more than their own fees for the church weekend away for the
benefit of other participants. The weekend takes place in alternate years and the next Is planned for 2026.
Certain Youth Events such as attendance at Christian festivals and recreational outings are funded by a combination of
charges paid by participants and gifts specifically lor youth activities. Unspent gifts are retained in the restricted fvnd.
Thewelcome Table fvnd was initiated in 2022 by a grant of £1,500 from a Christian charity for the church to provide meals for
needy families and individu315 in a warm environment. Further gifts were received subsequently for the same
purpose.
14. ANALYSIS OF N￿ASSET$ BThEEN FUNDS
as at 31 December 2024
Unrestrl¢ted funds
General
Deslgnated
Restricted
Total
Fixed a55ets
Current a55ets
Current liabilities
264.421
57.075
264.421
154,417
12.3091
416.529
93,187
11,7711
91.416
4.155
15381
3.617
321.496
as at 31 December 2023
Unre5trlrted funds
General
Desi8nated
Restricted
Total
ixed assets
Current assets
Current liabilities
255.545
19.1
255.545
100.827
16,6981
355,674
81,857
16, 168)
75,689
5.870
1530)
274.645