The Parochial Church Council All Saints Church, Trull Annual Report and Financial Statements for the year ended 31 December 2024 Incumbent: Rev Andrew Wadsworth The Rectory, Wild Oak Lane, Trull, Taunton TA3 7JT Parish Offi. Trull Church Community Centre, Church Road, Trull, Taunton TA3 7JZ Website: www.trullchurch.org.uk Bank: HSBC Bank plc 17 North Street, Taunton TA1 1 NA PCC All Saints T11 is a Registered Charity no. 1130899 Contents Pa Annual Report of the Council Report of the Independent Examiner Statement of Financial Activities Balan Sheet Notes to the Financial Statements 10
PCC of All Saints Church, Trull Annual Report for the year ended 31 December 2024 Background All Saints Trull PCC has the responsibilty of cmperakn'ng wfjth the incumbent in promoting in the ecclesiastical parish the whole mission of the church: pastoral. evangelistic. social and ecumenical. Membership Members of the PCC are either ex officio or elected by the Annual Parochial Church Meeting in accordan with the Church Representation Rules. The PCC also has the power to ClPt members as vacancies arise. During the year the following served as members of the PCC.. Incumbent Rev Andrew Wadsworth Chaiman Curates Rev ITnogen Ball Rev Jonathan Ball Mr David Sharpe Mrs Jane Martin-scott Mr Harry McFaul Mrs Liz Willis until February Minister of Orchard Grove Church Treasurer, Vice-chair Reader Churchwardens from Apnl until Apnl Representatives on the Deanery Syn(xl Mr David Taylor Mr Andrew Dunningham Mr David Sharpe Mr Matt Slade Secretary Member ofDes8n Synod in Diocesan Post Mrs Tracey Khodabandehloo Elected Members Mrs Yvonne Allen Mrs Anne Bird Mr Peter Chew Mrs Julia McFaul Mrs Liz Organ Dr Lauren Pallant Mr Robert Pym Mrs Judy Reeves Mrs Kate Vestey from Apnl Parish Safeguarding Offir elected untsl Apnl, co-opted from April from Apiil Committees The Standing Committee (Chairman, Churchwardens, Secretary, Treasurer), which is a legal requirement, has the powers to transact the business of the PCC befvrfeen meetings. subject to directions given by the Council. For some areas of church life, the PCC operates through teams (e.g. Buildings. Mission) that meet between, and report to, full meetings . Orchard Grove Church In September 2024, Orchard Grove Church was commissioned by the PCC of All Saints Trull, who have overall responsibility for this new church project, its finances and its legal responsibilities. Rev Jon Ball (continuing as Curate, unts"I licensed as Associate Minister for Orchard Grove Church in 2025) chairs the Orchard Grove Ministry Leadership Team and reports to the PCC. page 1
PCC of All Saints Church. Trull Annual Report for the year ended 31 December 20241continued) An exciting development in the lrfe of All Saints Trull in September 2024 was the commissioning of Orchard Grove Church, with frfieen members of Trull congregab'ons forming the nucleus of the new church. This is a ministry to people living on the Orchard Grove housing development on the westem edge of the parish. Rev Jon Ball runs a Sunday service which is held in the new pnmary school building, wrth contemporary music and audio-visual resources. Rev Imogen Ball co-ordinates activities for children. A mobile coffee-bike is seniing the estate on Mondays, followed by a walk for mothers and babies, who meet up afterwards for coffee and play. Regular meetings are taking place in homes during the week. An outdoor gathering for carol-singing was popular. This project is in line with the efforts of the PCC to fulfil rts charitable objectives of providing regular public worship open to all, promoting and teaching the Christian faith, and offering activities and support to all ages in the community - now in this new housing estate as y11 as in the established centre of the parish. Our curates Revd Imogen and Revd Jonathan Ball completed their training in 2024. In February Imogen went on maternity leave and their new son Moses joined Bamey before they moved to a house on the Orchard Grove estate in the summer, to lead the development of the new worshipping Community there. Jon continues as curate until arrangements are made for him to be licensed as Associate Minister for Orchard Grove. The congregations in Trull have appreciated all that Jon and Imogen have brought to preaching and to leading worship, as well as their contribution to a range of activities both within and beyond the parish. Revd Andy Wadsworth has conts'nued his clear Bible preaching - on Mark's Gospel and the 2nd Letter of Peter, as well as the Ten Commandments and seasonal topics. Whilst the Church of England has explored a range of views, he has upheld the traditional Biblical teaching about marriage and human sexuality. He has encouraged the church to reach out to those who have not yet encountered the message of Jesus. Church Attendance and Membershi There were 246 names (including 20 new names) on the Electoral Roll at the annual meeting in April 2024, compared with 243 in April 2023 and 253 in April 2022. In 2024 the average vRekly attendance at All Saints Trull and Orchard Grove Church was 160 adults and 28 children, a few more people watching live-streamed ServiS. this compares with 140 adults and 23 children in 2023. 115 adults and 20 children in 2022 - these figures are still below numbers before the pandemic, but show a conts'nued recovery. The figure for "Church Membership" that has been used by the diocese for calculating the Parish Share that y contribute to the Common Fund that pays for clergy costs and other dI0san expenditure is calculated in yet another way: anyone over 18, apart from visitors, who attends a service during October, or would have done so but for illness, is counted. Newcomers are not always included in their first year. The annual survey of church attendance in Oct 2024 produced a regular attendance figure (including newcomers, who might not yet see themselves as 'members') of 216 (including 4 at home, watching the livestream). This includes the new congregation of 31 at Orchard Grove, of whom 15 people transferred from Trull Church. Figures for Trull Church alone would be 185: this compares with 209 for in-person and online SeiceS in Trull Church in Oct 2023 and 199 in 2022. Review of the Yearfs Activities During 2024 the PCC had 6 regular meets.ngs with an averaJe attendance of 840/0. They have focussed on making arrangements for the commissioning of Orchard Grove Church to sep4e the new housing development in the ecclesiastical parish, ensuring that safe procedures are estsblished and responding to changes in the financial arrangements for supporting ministy there. The PCC have pursued plans for repairing the bell-chambef and for improvements to the church building, including better lighting, more efficient heating and an accessible WC. The PCC held an additional meeting in October to discuss possible responses to General Synod decisions on prayers for those in same-sex relationships. The PCC expressed concern at these developments and would respond when proposals from the Church of England for handling disagreements on the issue were clarified in 2025. Libby Cuthbertson conb'nued as Children and Familles Coordinator and Youth Overseer until October 2024, focussing on under-11's and their parents and carers. She has worked with a large team of volunteers (all DBS- checked) to run groups for children on Sundays, Launchpad for 8-11's on Wednesdays, and Angels {toddlersl on Thursdays. She has offered reSoUrS to Trull School: assemblies, incuding Open the Book, and a Spirituality Through Play week. Most of these activiknes will continue. some on a smaller scale, until a new appointment is made. Teams of volunteers take responsibility for Watchers {11-14's on Sunday evenings) and Pulse for 14-18's on Friday evenings. Some young people went to the Spree Weekend for 8-17's in June and to the Sparkford Venture for 14-18's in August, along with volunteer leaders from the church. We tried to recruFt a work*xperience pl8ment for a young person interested in training for youthwork but no-one applied. A generous donats.on was made to pay the costs of such a scheme", the donor subsequently offered to derestrict this donation and the PCC decided to designate the money for more general use for work with children and young people. page 2
PCC of All Saints Church, Trull Annual Report for the year ended 31 December 2024 Icontinued) Julia McFaul is the Parish Safeguarding Officer. The PCC agreed an updated Safeguarding and Safe Recruiting Policy in November 2024" this included provisions for activities at the new Orchard Grove Church, where Matt Bodey will assist Julia McFaul with safeguarding. Policies conceming Domestic Abuse and Information & Support for Victims and Surrfivors of Abuse were adopted. Rob Pym continued as PCC lead for Disability and for Health & Safety. complian with GDPR (General Data Proteth"on Regulations) is overseen by Martin Sumpter. Jane Martin-scott has continued as churchwarden and Harry McFaul has taken over from Liz Willis., they are supported by several setvice-stewards. David Taylor has conb'nued as PCC Secretary. David Sharpe is still Vice- Chair, Treasurer and a Reader. We have a wide range of Sunday sep4ices: at 8am there is traditional BCP Communion or Moming Prayer,. the 10.30am service is more informal alkage worship on most Sundays - but on the 2nd Sunday there is a Family Service in the TCCC at the same time as Common Worship wrth organ and choir in church; at 5.30pm there is the Five30 service of contemporary worship in the TCCC. All these ServIS rely on volunteer musicians, co-ordinated by Mary Salisbury (who has taken over from Audrey Eley) and Hugh Taunton, and on those who operate the sound system and live-streaming. The new sound system. installed in the church in 2023, is working well. Jennie Rusinek and Sally Silsby, as Lay Worship Assistants, have continued to lead services, as has Ruth Slade. We have also benefitted from the ministry of Rev Tim Butlin and David Willis, who were joined in 2024 by Rev Rob Wilkinson, who has moved to Trull with his wife Joan. Although Sandra Jones focuses her Reader ministry on Angersleigh, it is also good to see her in Trull. Laurence Pallant and lan Smith have been exploring ministry as occasional leaders and preachers. Our worship and actsvth'es are upheld by prayer.. Powethouse, the church prayer-meeting, is held monthly,. there is also corporate prayer online to start the week, and also for the work amongst young people and for the men's ministry. The Parish Links are an important part of pastoral care in the parish. maintaining contact with those who live in the village and letting clergy know of people in need of a visit., they also distribute the magazine. Martin Sumpter Co-ordinates pastoral care., some members of the church are linSed by the Bishop as pastoral visitors. Coffee Connect, on the first Tuesday of each month, co-ordinated by Julla Moryan has been increasingly popular viith retired people., there is a Communion service in church immediately befOhand. The Trull Church Community Centre celebrated the 10th anniversary of its opening in October and continues to meet the needs of both the church and the communty. All our youth and children's work takes pla in the Centre, Including the Sunday groups and after-school activities for different agrOUpS. Odette Lawton is now in her third year as Church Administrator and helps with safeguarding administration as well as supporting the Rector and making sure that church activities run smoothty. With Andy Dunningham (Centre Manager) also having a desk there, the office is a welcoming place to find out what is going on. More repairs and redecoration have been needed this year. The TCCC has been hired by more new groups. Trull Saplings Prnschool conb'nues to be our major hirer on weekdays and we are glad to host this important provision for village families. The Hive Café has had a very successful year., we are very grateful to Val Cousins, Fran Pym and Dot Mackay, the three volunteer managers, and over 50 well-trained volunteers. coordinated by Ruth Buller, who make it a village hub and a welcoming place to meet friends, especially for those who live on their own. Profits from the café have contributed to the running costs of the Centre. Marcus Kavanagh continues to keep the Centre clean each day. The Parish Archives supported by both the church and the parish council are stored upstairs" in 2024, under Don Archetrs leadership, the Archives Team produced The New Story of Trull. Our Police Community Support Officers hold their 'surgery' from time to ts'me in the Centre; we have also hosted groups that support people with different medical conditions. In all these ways, the Centre is helping us to fulfil one of our main aims, that of caring for people of all ages in our community. Events to communicate the Christian faith to a wider audience have included a daytime Christianity ExploTrd Course run by the Rector" Hymns We Love has appealed to older members; there have also been men's breakfasts and women's breakfasts with both local and visrting speakers. The Mission Team, chaired by Peter and Jakki Chew, oVerSS links llth mission partners and gtving for mission. In total over £15,000 was sent to mission and charities in 2024. Of this total, £1,300 was sent directly from collections - details are attached to the church accounts but they are separate from church income and expenditure. There are about 12 growth-groups meeting during the week in people's homes, for mutual prayer and encouragement, as well as looking at the Bible together. Anne Bird and David Taylor oversee this programme.
PCC of All Saints Church. Trull Annual Report for the year ended 31 December 2024 (continued) Since 2009 church members have made financial pledges to the Trull Church Mission Fund. In 2024, £11.700 was given in this way {viith £2,500 Gift Aid in addrtion). donab'ons from the fund totalling £14,000 were sent to the following missions: Crosslinks for the de Roemers in Belgium, UFM for Heidi and Bosco Bukeera church-planting in Uganda, and more locally: Taunton Team Chaplaincy. Taunton Youth for Chris( Besom in Taunton and Open Door., the last two were also supported from offerings at serViS over the Christmas period, as was Taunton Foodbank. The church and the TCCC have continued to be collection-points for the Taunton Foodbank. The church plays a central role in village life. Close links have contr'nued with Trull CofE VA Primary School. A service to welcome Luke Bottomley as the new Head Teacher (pvIous Deputy Head) was held in September. . Veronica Ferdinando is School Chaplain. the Rector. the Children & Families Worker and ott)er volunteers take regular and seasonal assemblies, including some using Open The Book materials. Local unifonned organizations take part in a Remembrance Sunday seri1. The Community Centre continues to strengthen our links with many village organizab"ons. The parish magazine viith a range of o)mmunity news, is delivered to most homes in Trull. The website www. trullchurch.org.uk has been further developed to make it more attractive and simpler to use,. an increasing range of church information about church activities can now be found there. We are grateful to Laurence Pallant and all those who have spent so much time on the new website. All Saints Trull is part of a joint benefice, sharing the Rector th St Michael and All Angels, Angersleigh. Some members of the Angersleigh congregats'on come to Trull on the Sundays when they have no service of their own. All Saints Trull is in the Taunton Deanery" Deanery ministers meet to pray, share news and support one another. There are 4 lay representatives from Trull at the Deanery Synod which meets four times a year. There are informal links to the B1 fellowship of Taunton church leaders. Three Members of the church are involved with Taunton Street Pastors at weekends. Six members of the church are involved in the Taunton Team Chaplaincy for workplaces andthe courts, on behalf of the churches in Taunton. Other volunteers have joined in projects such as delivering supplies to people in need through the Besom in Taunton. Flnanclal Review We are grateful for those who continue to give so fatthfully to the work of the church. Regular giving rose by 3°/0 during the year. Expenditure was less than budgeted for 2024 because the Children & Families Worker left in October. Income from TCCC hire increased in 2024 but profit from the Hive Café was lower because expenses increased whilst prices were unchanged. So, regular income for Trull Church met routine expenditure in 2024. Giving to Orchard Grove Church was gater than expenses but some givers were looking ahead to the costs of the next year or t4VO. We did not need to draw on our reserves in 2024. No legacies We reiVed but there was a generous gift of £6,000 to pay for a youthwork trainee: when no appointment was made, the donor offered to remove the restricts'on on the donats'on and the PCC has designated the money for work with children and young people. Donations were received for the archives and music & sound in memory of former church members. Most giving is through the Planned Giving scheme adminstered by Imogen Taylor. She has made sure that we re1ve all the Gift Aid to which we are entrtled, as well as linking us to the Gift Aid for Small Donations Scheme. She has obtained more card machines for contackn giving. both in Trull and Orchard Grove. She is making the church aware of ways to fund ministy in both churches over the next 5 years. In 2020 we received a wonderful legacy of £630,000 from Ruth Pewtress Yor the fabric of the building of All Saints Parish Church only,. This will pay for building repalrs for years to come. The old boilers were replaced with more efficient ones in 2024. Using this legacy, we are also pursuing plans to renew the lighting, redecorate the church and to install an accessible WC. Robert Pym, Peter Chew and the archrtect have sent some further reports to the PCC. After some delay whilst any possible impact on bats was investigated, Taylors of Loughborough removed the bells in September, in order to repair the supports for the bells and to rehang them. Looking ahead into 2025, the diocese TS transitioning to a new way of assessing parish contributions, based mainly on the number of clergy deployed, with a smaller proportion (based on congregation numbers) to contribute to diocesan costs and to support less wealthy parishes. Our contn"butJon will remain much as before because we shall have an associate minister for Orchard Grove Church as well as our Rector. We may have a shortfall of £12,000 in 2025: planned routs'ne expenditure is £303.000 (but less if the Chiklren & Families Minister is appointed later), whilst income would be £291,000 if giving continues at the same level. In January 2025 we had over £35,000 in the bank that wasn't allocated to other purposes, on top of our prudent reserves of 2 months, expenditure. So we should be able to meet our costs in 2025 but we can only sustain this Ve1 of activity in future years if planned regular giving increases. We must also bear in mind that much of the cost of running the TCCC has been met from hiring out to organizab'ons that have their ovm financial challenges, and from profits from the Htve Cafe, which is Completely dependent on the availabilty of volunteers. page 4
PCC of All Saints Church. Trull Annual Report for the year ended 31 December 2024 (continued) Funds and Reserves Total Income for 2024 was £435.333 (2023." £396,237) of which £93.354 (2023.. £64, 794) was Restricted. Total Expenditure in 2024 VRS £453,789 (2023." £463,015) of which £108,998 (2023.. £153, 192) was Restricted and £200 (2023." £200) from Endowment. So there was a Deficit of £18,456 in 2024 {2023." £66, 778) . This was due to the cost of repairs and plans for the church building that were paid from the Ruth Pewtress Fabric Fund. Totsl Funds at the end of 2024 were £1,746,827 (2023." £1, 765. 823) of which £1,548,422 (2023." £1, 570,066) was in Restricted Funds (mostiy the value of the TCCC and its equipment and the remaining £464,827 of Ruth Pewtress's Fabric legacy), £5,500 (2023.. £5,700) was in Endowment Funds (see below) and £192,905 (2023.. £189,517) was Unrestricted. Of these UnStriCted Funds £13,359 (2023." £15,912) are held as fixed assets,and £38,000 is allocated for replacing equipment & medium-term repairs to the TCCC. Included in our Unrestricted Reserves are sums of money from legacies" some recent gifts have been set aside for fabric & organ repairs (around £3,000). The Lity Fund. with a balance of £750, is to help young people take part in Christian courses & activities. This leaves around £85.000 unrestricted and unallocated free reseNes readily available in the bank. So the PCC met its target of keeping financial reserves in unrestricted funds equal to hvo months, regular expendrture (£50,000). In add"On to this prudent reserrfe, around £35,000 from previous years is available to cover the possible shortfall of around £12,000 between income and expenditure in 2025. The main Restricted Funds a the Hall Development Fund (used to build the Trull Church Community Centre) and the Ruth Pewtress Fabric Fund for the church building. Money given towards the ministry of Orchard Grove Church (OGC> is now held in a Restricted Fund. The numbers at OGC and their regular giving has grown faster than expected. We had been led to believe that a grant from a central Church of England fund would cover the cost of the Minister at OGC for 5 years but in Sept 2024 we were told that this money was no longer available. Details of the Mission Fund are on p.3 of this Report. Other Restrtcted Funds include: the general Fabric Fund and the Organ Fund for the church building and organ; the Trnll Aid Fund, given to help members of the parish or congregation in need, at the discretion of the Rector, but also involving the Treasurer and a Churchwarden; the Bells Fund, for maintenance of the bells,. the Rectory Fund for defraying some of the expenses of the rectory; the Archlves Fund for devebping the Archives of the Parish,. Women's Events. In 2010 the church received a legacy from the estate of Miss Gwen Richards. There were two endowments, each of £7,000.. one towards the maintenance of the churchyard (all of which has now been spent) and one for church flowers,. In 2016 the PCC took measures In accordance wrth Chanty Commission published advi to release the capital of these endowments. Charitable Status: Aims & Ob ectfves and Publlc Benefrt sin we have an income of over £100,000 p.a., the Parochial Church Council of All Saints Trull is required by the Charrties Act 2011 to register individually as a charity" our Registered Charity number is 1130899. As for all PCC charib'es there is no separate Governing Document; the PCC is subject to the Parochial Church Council Powers Measure (1956) as amended and to the Church Representats'on Rules. When registering as a chanty the PCC declared its Aims and Objectives to be promoting in the ecclesiastical parish the whole mission of the church, including the following activrtj'es conducted under the authority of the Church of England for the benefrt of the public: gular public worship open to all - the provision of sacred space for personal prayer and contemplation pastoral work, including visiting the sick and bereaved - teaching of Christianity through sermons. courses and small groups - taking of religious assemblies in schools promotion of Christianty through the staging of events and meetsngs. and the distribution of literature - the provision of acts'vits'es for senior citizens and for parents & toddlers - supporting other charitÉes in the UK and overseas The Trustees (PCC) confirm that they have referred to the guidan contained in the Charity Commission's General Guidan on Public Benefit when reviewing the Chaws Aims & Objectives and planning future activities. Related Trusts and Charities Trull Parish Room is a registered chanty no. 203284 established by a Declarab"on of Trust dated 11 Oct 1967, based on an Indenture dated 29 Jan 1886, as varied by a Scheme sealed on 19 Feb 1993. page 5
PCC of All Saints Church. Trull Annual Report for the year ended 31 December 2024 (continued) The Custodian Trustees are the Bath & Wells Di0san Board of Finan, who need to be consulted about any major changes to the site. The Managing Trustees. responsible for all roub'ne business, are the PCC of All Saints, Trull. Since the Parish Rooms have now been demolished. there is no longer any income or expenditure. However. the Trull Parish Room chanty continues to exist as the owner of the site of the fomier Parish Room and also of the site of the Old Village Hall. which it acquired from the Trull Village Memorial Hall Trustees for £10,000 in July 2013 in accordan with an Order of the Charty Commission of 21 May 2013; these two sites form the site of the new Trull Church Community Centre. which is ttself the property of the PCC All Saints Trull charity. The possibility of merging the Pansh Room charity wrth the main PCC chanty was explored in early 2013 but the Charity Commission did not aCpt our case that this would simplrfy the arrangements for the new Centre. Ststement of the PCC'S Res onsibilitles The council is responsible for preparing the trustees. Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards, including Financbal Reporting Stsndard 102.. The Financial Reporting Stsndard applicable in the UK and Republic of Ireland (UK Generally Accepted Accounting Practice). The law applicable to charibes in England and Wales requires the charity trustees to prepare financial statements for each year which give a true and fair view of the state of affairs of the PCC and of the income and expenditure of the charty for that period. In preparing these financial ststements, the council are required to.. select suitable accounting policies and then apply them consistentty., obser4e the methods and principles in the applicable Chanbes SORP; make judgements and accounting estimates that are reasonable and prudent,. state whether applicable accounting standards have been followed, subject to any material departures 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 PCC will continue in business. The council is responsible for maintaining Proper accounting records that disclose with aSOnable accuracy at any time the financial position of the PCC and enable them to ensure that the financial statements comply with the Charities Act 2011, the applicable Charities (Accounts and Reports) Regulations 2008, and the provisions of the trust deed and consts'tution. They are also responsible for safeguarding the assets of the PCC and hence for taking reasonable steps for the prevention and detects.on of fraud and other irregularits'es. The council is responsible for the maintenance and integrity of the charity and financial information included on the charitys website. Legislation in the Unrted Kingdom goveming the preparation and dissemination of financial statements may differ from legislation in other jurisdictions. Risk and Reserves Poli¢ The financial and pastoral risks to which the PCC is exposed a reviewed regularly at PCC meetings, the likelihood and dangers are calculated and measures to eliminate them are determined. To reduce financial risk, all cheques from PCC accounts require 2 signatories. The Treasurer makes all online payments, with a daily limit of £1,000. Lbz Willis. churchwarden until April 2024. has full aCsS to the online account to monitor transactions ar)d an suspend its use if required.. at the end of each month she counter-signs all online bank payments on a copy of the bank statement. Savings are kept in financial instituts.ons where the balance is covered by the Financial Services Compensation Scheme. Resepies are held for around 2 months general expenditure; money is also set aside to replace equipment with a short lifespan. The Ruth PevAress fabric legacy received in 2020 now provides more than enough reserrfes to cover emergency repairs to the church building., Et is too large to be kept in an institution covered by the FSCS, so is invested in funds managed by CCLA {Churches, Chanties and Local Authorities). The PCC operates Safeguarding and Safer Recrutting Policies that are reviewed annually. The PCC is complying with the 2018 General Data Protectron Regulabons.. we have updated our office database to enable more efficient and attractive communications with church members, in a way that is fulty compliant with GDPR. In July 2019, following Charity Commission and Church of England advice to all parishes, the PCC delegated to the di0Se the responsibility to report to the Charity Commission any serious incident involving Safeguarding. Safeguarding issues, Health & Safety. Disabilty and Data Protects"on are on the agenda of every PCC meeting. The Annual ReFK)rt was approved by the PCC on 10 March 2025 and signed on their behalf by: Rev Andrew Wadsworth (Chairman)
PCC of All Saints Church, Trull Inde ndent Examiner's Re ort to the Trustees of the Parochial Church Council of All Saints Church Trull I report to the members of the PCC on my examination of the accounts of the Parochial Church Council of All Saints, Trull for the year ended 31 Dernber 2024, which are set out on pages 8-19. Res nsibilities and Basis of Re As the members of the Parhla1 Church Council of All Saints Church, Trull, you are responsible for the preparation of the accounts in accordan with the requirements of the Charities Act 2011 {'the Act,). I report in respect of my examination of the charitys accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charty Commission under section 145(5)(b) of the 2011 Act. Inde endent Examiner's Statement Since the charity's gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 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 is one of the listed bodies. I have completed my examination. I confimi that no matersal matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: (1) accounting records were not kept in respect of the Charity as required by section 130 of the Act; or (21 the accounts do not accord with these 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 fair vieyl which is not a matter considered part of an independent examinab"on. I have no concerns and have come across no other matters in connects.on the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. signed.. date.. Sarah Twist FCA DChA Chartered Accountant A C Mole LLP Stafford House Blackbrook Park Avenue Taunton TA12PX page T
PCC of All Saints Church. Trull Statement of Financial Activities for the Year Ended 31 December 2024 Total Total Funds 2023 Unrestrided ReStrted Endowment Funds Funds Funds Funds 2024 Notes Income from: Donations and LegaCS Other Trading Activrties Investrnents 220,775 28.236 53.719 274.494 248, 539 28.236 26,251 81,324 25,028 20.645 2.096 24.155 25,426 Charitable Acts'vits'es 80.640 10.232 73,471 Other Income 14,796 28,156 Total Income 341,979 93,354 435,333 396,237 Expenditure on: Raising Funds Charitsble Activities 250 344,329 108,193 805 200 452,722 1.067 462, 002 Other Expendtture 262 763 Total Expenditure 344.591 108,998 200 453,789 463,015 Net Incomel(Expenditure) (2.612) (15,644) (200) (18,456) (66,778) Net Transfers between Funds 6,000 (6,000) Net Movement in Funds 3,388 (21,644) (200) {18,456) (66,778) Reconclliation of Funds: Total Funds Brought Foard 15 189,517 1.570.066 5,700 1,765,283 1,832,061 Total Funds Carried Forward 15 192,905 1,548.422 5,500 1,746,827 1, 765,283 The notes on pages 10 to 19 form part of the financial statements. A Statement of Financial Activibes for the previous year divided between Funds is included at Note 18 on p. 18. page 8
PCC of All Saints Church. Trull Balance Sheet as at 31 December 2024 Notes 2024 2023 Fixed assets Tangible assets 1,052,076 1,052, 749 1.052.076 1, 052, 749 Current assets Debtors Cash and cash equivalents 12 58,668 645.650 704,318 66,173 653. 713 719,886 Current Liabllltles Creditors- due within 1 year 13 9,567 7.352 Net current assets 694.751 712,534 Total Assets less Current Liabilities 1,746,827 1, 765,283 Net assets 1,746.827 1. 765,283 Funds Unrestricted funds Restricted funds Endowment funds 15 15 t5 192,905 1,548,422 5,500 189,517 1,570, 066 5, 700 Total funds 1,746,827 1, 765,283 The financial statements were approved by the PCC on 10 March 2025. and were signed on its behalf by: /lffocY Rev Andrew Wadsworth {Chaimian) The notes on pages 10 to 19 fomi part of Ihe financial statements. page 9
PCC of All Saints Church, Trull Notes to the Financial Statements for the Year Ended 31 December 2024 Accountlng Policies The financial statements have been prepared under the historical cost convention wrth items recognised at cost or transaction value and subsequently amortised cost. The financial statements have been prepared in accordance with the Statement of Recommended Practice Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 102) issued October 2019, the Financial Reporting Standard applicable in the United Kingdom {FRS 102), the Charrties Act 2011 and in accordance with the Church Accounting Regulations 2006. The Church constitutes a public benefit ents.ty as defined by FRS 102. The Trust&s consider that there are no Material uncertaints'es about the Charity's abilty to contr'nue as a going conrn. (i) Funds Unrestricted funds represent the funds of the PCC that are not subject to any StrIcton regarding their use and are available for application to the general purposes of the PCC. These include funds designated for a particular purpose by the PCC. Restricted funds are funds given to the PCC for specific purposes. For details of these funds see the table attached. The remaining endowment fund at All Saints is from the legacy of Gwen Richards, for flowers. In 2016 the PCC took measures in accordance wth Charity Commission published advi to release the capital of this endovnnent so that the purpose of the fund could be achieved more effectively. (li) Tangible Fixed Assets Tangible fixed assets are included at cost less depreciation. Depreciation of rtems such as electrical equipment is calculated at approximately 200/0 of cost. which Is considered sufficient to write off the assets over their useful economic lives. Depreciation of items such as fumiture and nonlectrical equipment in the Community Centre is calculated at 10% of cost. No depreciatTron is being applied to the building itself but the PCC is exploring the likely cost and timing of future rnaintenan and repairs, and is setting aside some funds for this purpose. Moveable Church fumishings held by the Churchwardens as listed in the inventory held by the Churchwardens are not included on the Balance Sheet. Consecrated and benefice property is not included in the accounts under Sects'on 10 (2a) of the Charities Act 2011. (iii) Recognition of Income and Expendlturo Income is recognised when cash is recebved or when tts receipt is considered certain. Expenditure is recognised when payment is made or when a liabilty has been incurred rf earlier. Liabilities are recognised as expendrture as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that settlement will be required and the amount of the obligation can be measured reliably. All expendrture is accounted for on an accruals basis. All expenses including support osts and govemance costs are allocated or apportioned to the applicable expenditure headings. (N) Legacles Income from legacies is credited to the relevant fund in the year in which rt is received, or where there is sufficient evidence that the legacy will be received. If not otherwise specified by the testator, legacies are normally credited direct to the General Fund. (v) Irrecoverable VAT Irrecoverable VAT is charged against the expenditure heading for which rt vras incurred. (vi) Expenditure on Charitable Activities Costs of charitable activrties include donations. parish share. upkeep of the church, support costs and governan costs: see p.13 for details. The costs include costs related to independent examination. page 10
PCC of All Saints Church, Trull Notes to the Financial Statsments for the Year Ended 31 December 2024 (vii) Key Judgements and Estimation Uncertalnty The preparation of the financial statements requires mangement to make judgements, estimates and assumptions that affect the application of policies and reported amounts of assets and laibilities, income and expenses. Estimatss and judgements are conts'nually evaluated and are based on historical experience and other factors, including expectations of future events, that are believed to be reasonable under the circumstances. The resulting accounting estimates will, by definition, seldom equal the related actual results. (viii) Expenditure on Raising Funds The expenditure on raising funds consists of costs associated with administering donab'ons and fundraising events. (ix) Financial Instruments The Church only has financial assets and liabilitses that qualify as basic financial instruments and are therefore recognised at transaction price and subsequently at amorts'sed cost. These include debtors and creditors as applicable. (x) Cash and cash equivalents Cash and cash equivalents includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisits'on or opening of the deposit or similar account. page Iq
PCC of All Saints Church. Trull Notes to the Financial Ststsments for the Year Ended 31 December 2024 Unrestricted 2024 Restricted Endovfftient 2024 2024 Total 2024 Total 2023 Donations and Legacie5 Planned Giving and FWO Gifts . Gift Aid on Planned Giving . Giving via CAF etc Other Gifts for Church Funds Orchard Grove via FWO & Other Orchard Grove - Gift Aid Gifts for Mission Support Tax Reclaimable on Mission Giving Trull Aid gifts TCCCIHall Development Gifts Rectory Fund Gifts 166,841 42,124 9,123 332 2,355 8.000 500 174.841 42,624 9,123 332 26,469 5,848 11,753 3,071 166, 640 41,604 6,475 18,457 24,114 5,848 11,753 3,071 10. 736 2, 333 200 50 2,044 433 433 220,775 53.719 274,494 248, 539 other Trading Activlties TCCC Hire 28,236 28,236 20,645 Investments Interest 2.096 24,155 26,251 25, 426 2,096 24.155 26,251 25,426 Charitable Activities Orchard Grove Fees Magazine Youth & Children Outreach Bookstall TCCC Café Other (incl TCCC events) 471 6,897 9,863 2,704 1,335 134 58,604 632 1,155 6,897 9,863 2,704 1,335 134 58.604 632 8,266 8,987 1.003 519 180 54, 162 354 80,640 81,324 Other Income Grants- general Office Income Insuran Claim (leak under church) Other (Archives - New Story of Tmll) 7,155 27 2,984 11.420 18,575 27 2,984 3,442 23, 692 166 4,298 3,376 14.796 10,232 25,028 28, 156 Other FWO Gifts (via the Planned Giving account) include gifts to 3 restricted fijnds. Youth £6,000 (+ £7,5( Grft Aid - now de-restrictedj." Archives £1.000, Musiclsound £1,000 (+ 250 Grft Aid each) Grants in 2024 from.. Parish Lands (as 2023), from Trull Parish Council for churchyard (as 2023) and Church Car Park light, sted Places of Worship VA T daims on church building works. page 12
PCC of All Saints Church. Trull Notes to the Financial SLrnents for the Year Ended 31 December 2024 Unrestn'cted Restricted Endowment 2024 2024 2024 Total 2024 rotal 2023 Expenditure on Raislng Funds eg Stationery. Card Machine 250 250 Charitable Activities Parish Share Rectorfs Expenses Curate & Placement Expenses Orchard Grove Fees Youth-worker Children & Families Worker Office Staff Office Costs Magazine Youth & Children Outreach Other Events & Teams Mission SupportlExpenses Education - Courses and Resources Bookstsll Worship Communications & Archives(TnJll book) Church Repairs & Improvements Church Insurance & Utilities Churchyard & Car Park TCCC - Staff TCCC - Operakn'on TCCC - Events TCCC - Café Depreciation - general equipment Depreciation - TCCC fumtture & eqpt Depreciation - TCCC Café equipment Depreciation - Orchard Grove equipment Independent Exam (incl extrd prev year) Othe PCC Expenses 141,913 3.036 1,455 6,911 4,C68 119 24,114 25,848 7,802 9,502 3.757 1,689 128 851 268 141.913 3,036 1.455 8,074 4,068 119 24,114 25,848 7,802 9,502 3,757 1,689 128 14,971 268 128,964 2.992 2.461 301 4,974 1,163 27,323 24,921 6, 840 9,488 3. 020 1,042 329 14,120 55 148 2,929 361 138,669 7,456 10,500 19,154 25,368 181 24,515 830 2,338 1,348 14,120 2,809 200 3,009 4.261 90,193 7,550 13,784 20,269 31,453 515 27,924 3,058 487 1,545 91 1,620 123 3,297 88.782 1,411 7,550 13,044 20,269 31.453 515 27.924 3,058 487 1,.545 740 91 1,620 123 1,350 25 344,329 108,193 200 452,722 462,002 other Expenditure Rectory Fund Bank Charges 805 805 262 1,067 448 315 763 262 262 805 page 13
PCC of All Saints Church. Trull Notes to the Financial Statements for the Year Ended 31 December 2024 10. Staff Costs 2024 2023 Gross Salaries Employer's National Insuran (above Employment Allowance £5,000 in 2025, as in 202&24) Pension costs 67,484 67,583 942 2,377 69.861 2,391 70,916 For most of 2024 the number of employees was 4.. 2 full-time (administrator for whole year and childrenlfamilies worker until October) and 2 part-time employees in the TCCC. The PCC resolved that from January 2016 all employees should be paid at least the Living Wage as defined by the independent Lrving Wage Foundation. Most of our employees have been enrolled in a pension scheme with NEST, fulfilling our obligations under pension regulations. The PCC has chosen to match employee contributions to the pension scheme and to pay any required annual increase in the rate of contrtbution from January. rather than April, of each year. There are no employees with emoluments exceeding £60,000. (2023 - nil). The key management personnel are the Incumbent and members of the PCC. At the Annual Meeting in April 2023, the TCCC Manager, Andy Dunningham, was elected as a Deanery Synod Representative, which automatically made him a member of the PCC and therefore a Trustee. He withdraws from any discussion of stsff pay and conditions. In 2024 he received a salary of £11.685 as part-time TCCC Manager. 11. Tanglble Fixed Assets TCCC Building TCCC Other Equipment Equipment Orchard Grove Total Cost At 1 January 2024 Additions Disposals At 31 December 2024 1,036,837 61.151 1.409 20,180 1,128 1,118,168 4,508 1,971 1,036,837 62,560 21,308 1,971 1,122,676 De reciation At 1 January 2024 Charge for the Year Eliminated on Disposal At 31 December 2024 57,586 2.032 7,833 3.058 65,419 5,181 91 59,618 10,891 91 70,600 Net Book Value at 31 December 2024 1.036,837 2,942 10,417 1,880 1,052,076 Net Book Value at 31 December 2023 1,036,837 3, 565 12,347 1.052, 749 The TCCC building fixed ast refers to the costs of this project from design to completion in October 2014, including architecvs & other design consultants. fees, and planning & survey fees, as well as the building contractor. No depreciation is applied to the building. Fumiture and non*lectrical equipment are depreciated at 100/0 p.a. and electrical equipment at 20% p.a. page 14
PCC of All Saints Church. Trull Notes to the Financial Statements for the Year Ended 31 December 2024 2024 2023 12. Debtors Gift Aid claim for Planned Giving Jan-Dec Gift Aid claim for Mission Fund Giving Jan-Dec Gift Aid claim for Orchard Grove Giving Jan-Dec Gift Aid claim for Archives gift Gift Aid claim for Music and Sound System gifts Gift Aid claim for Youth gift 39,943 2,822 5.848 250 275 1,500 37,374 2.300 684 561 LPOWtVAT refund for church building works Insurance Claim (2023.. leak under church Iloor) Gift for Garden-Of-RemeMbran work in OctlNov 2023 CCLA Interest due for Oct-Dec 2023 Other Prepayments & Accrued Income 5,827 4.298 7,674 6,409 1,046 5,355 2,675 58,668 66,173 13. Creditors- duo within 1 year Creditors for goods and services 9,567 7,352 9,567 7,352 14. Independent Examlnerfs Remunerntion 2024 2023 Independent Examin8rfs Fee (induding amounts above eshinates forprevious years). 1,620 1,350 page 15
PCC of All Saints Church, Trull Notes to the Financial Statements for the Year Ended 31 December 2024 15. Statement of Funds Balan Balance Cld 31112124 Investment Gains 01101124 Income Expenditure Transfers Unrestricted Funds 189,517 341,979 344,591 6,000 192,905 Restricted Funds Archives Bells Fabric Hall Devebpment Mission Support Music (incl Sound) Orchard Grove Church Organ Rectory Ruth Pewtress Fabric Trull Aid Youth Total Restricted Funds 4,627 3,297 1,330 74 4,365 1,036,837 5,143 1,250 29,391 2,000 2,616 464,827 589 74 4.365 1.036,837 4,439 14,824 1,250 30.645 14.120 1,254 2,000 2,988 518,774 589 433 35,575 805 89,522 6,000 93,354 (6,000) {6,000) 1,570,066 108.998 1,548,422 Endowment Funds GRichards'. Flowers Total EndoTrArnent Funds 5,700 5,700 200 200 5,500 5,500 Total Funds 1.765,283 435,333 453,789 1,746,827 Unrestricted Funds are for the general purposes of the church. This includes money from several legacies and gifts in memory that are not legally restricted to a parts'cular purpose. However, the PCC wishes such monies to be used in ways that a appropriate to each person being commemorated. So, these amounts are labelled on the Treasurerfs computer accounts program, to keep track of how they are spent,. details for 2024 may be seen in the Annual Report. Included in the Unrestricted Funds are some Designated Funds that show where the PCC intends to use those funds but they could be used for other purposes if the designated purpose is no longer needed. For example, the Youthwork Fund is for ministry amongst children and young people. The largest Restricted Fund in cash is the Ruth Pewtress Fabric Fund that represents her legacy of £634,000 Yor the fabric of the building of All Saints Parish Church only,. other Restricted Funds include the Bells Fund for the Maintenan of the church bells and the Archlves Fund for maintsining the Parish Archives and promob'ng interest in the history of Trull. Money in the Fabric Fund has been given for repairs to the church building, organ and churchyard lamp. A more specific gift has been allocated to the Oryan Fund. The TCCCIHall Development Fund comes frorn money given towards the project to build the Trull Church Community Centre. The money now received covered the full cost of construction and all of the fund is now the value of this fixed asset. There is no longer any cash in this fund. Mission Support represents money given specificalty to support Mission outside the parish. From April 2009 this includes all the money given via the Trull Church Mission Fund bank account and any tax reclaimed on those gtfts. From time to time the PCC. through its Mission Team. makes grfts from this fvnd to missions and charities supported by the church. The Rectory Fund repsentS money given to defray expenses in the Rectory. The Trull Aid Fund was set up in November 2009 for money to help people in the parish or in the COnggatiOn who are in financial dfficulty. Grants are made at the Rectorfs discretion but the signatures of the Treasurer and a Churchwarden are needed on any cheque. page 16
PCC of All Saints Church, Trull Notes to the Financial Ststements for the Year Ended 31 December 2024 The rernaining Endowment Fund comes from a legacy of £7.000 from the late Gwen Richards" it is for church fiowers: a similar legacy for the rna1ntenan of the churchyard has now been spent. In 2016 the PCC took meaSUS in accordance with Charity Commission published advi to release the capital of these endowments so that the purpose of the funds could be achieved more effectively. 16. Anatysis of Net Assets between Funds Tangible Fixed Net Cuent Creditors Due after 1 year 31/12/2024 Total Unrestricted Funds Restricted Funds Endowment Funds 13.359 1,038,717 179,546 509,705 5.500 192,905 1,548,422 5,500 1,052,076 694.751 1,746,827 For comparison, this is last years Analysis of Net Assets between Funds - for 2023. Tangible Fixed Net Current Creditots Due Assets Assets after 7 year 31/12/2023 Total Unrestricted Funds 15.912 1,036,837 173,605 533,229 5,700 189,517 1,570,066 5,700 Restricted Funds Endowment Funds 1.052,749 712,534 1,765,283 17. Related Party Transactions Peter & Jakki Chew were repaid £1,105 for items purchased for the church, including £740 for the new churchyard lamp and £226 for curtain material. Imogen Taylor (Planned Giving Co-ordinator and wife of a PCC member) was repaid £420 for purchasing CollecTin and Sum-up card-readers for Twll Church and Orchard Grove Church. Reimbursement of expenses properly incurred on behalf of the PCC in 2024 were also paid to 5 other members of the PCC,. they amounted to £462 in total. The following payment was made to the wife of a PCC member. £3,220 to Fran Pyrn, one of the Hive Cafe volunteer managets, for baking cakes (at cost), shopping and monthly expenses; this is the same arrangement as for all Hive volunteer managers, established six years before Rob Pym joined the PCC. Some regular subscriptions for online ServiS.have to be paid by card: these arrangements were made by staff who have now left. Unts'l the PCC has rts own bank card, the Treasurer has been using his personal bank card, reimbursed by PCC cheques, signed by two other signatories", in 2024 £1,626 was repaid to David Sharpe for this purpose. From Januuary 2021 to April 2023 no Trustees were employed by the Charity. At the Annual Parhla1 Church Meeting in April 2023 the TCCC Manager was elected as a Deanery Synod RepresentatNe" members of the Deanery Synod are automaticalty members of their local PCC. He withdraws from any discussion about staff employment terms and remuneration. The Children & Families Worker is in attendance at pcc to contribute to discussion of items lated to her work and to comment on wider issues. She has no voting rights and withdraws from any discussion about her employment terms and remunerats.on and those of other staff. AII PCC members are invited to declare any potents.al conflicts of interest at the beginning of each meeting. If necessary, they wthdraw from the meeting for any such rtems on the agenda. page t7
PCC of All Saints Church, Trull Notes to the Financial Statements for the Year Ended 31 December 2024 18. Statement of Financial Activities for the Year Ended 31 December 2023 For comparative purposes the Statement of Financial Activities for the previous year is included here. Total Funds 2023 Total Funds 2022 Vnrestrided Restn'cted Endimnent Funds FurKIs Funds Income from: Donations and Legacies Other Trading Activities Investments Charitable Activities Other Income 233.226 20,645 1,165 73,471 2,936 15,313 248.53g 20.645 25,426 73,471 28,156 217,363 18,576 7, 590 69,371 6, 663 24.261 25,220 Total Income 331,443 64.794 396,237 319,563 Expenditure on: Raising Funds Charitable Activitses Other Expenditure 250 309,058 315 250 462,002 763 152,744 448 200 352,931 448 Totsl Expenditure 309,623 153,192 200 463,015 353,379 Net Incomel(Expenditure) 21,820 (88,398) (200) (66,778) (33,816) Net Movement in Funds 21,820 (88,398) (200) (66,778) (33,816) Reconciliation of Funds- Total Funds Brought Forward 167.697 1,658,464 5,900 1,832,061 . 1,865,877 Total Funds Carried Forward 189,517 1,570,066 5,700 1,765,283 1,832,061 page 18
PCC of All Saints Church. TNII Notes to the Financial Statements for the Year Ended 31 December 2024 19. Prior Year Statement of Funds (2023) For comparative purposes the Statement of Funds for the previous year is included here. ststement of Funds Balance Blfwd 01101123 Balance Clfwd 31112123 Investment Transfers Gains Income Expendrture Unrestricted Funds 167,697 331.443 309,623 189.517 Restricted Funds Bells Fabric Hall Development Mission Support Organ Rectory Ruth Pewtress Fabric Trull Aid Totsl Restricted Funds 74 4.365 1,037,823 5,490 2.000 1,393 606,930 389 1.658,464 74 4.365 1.036,837 4,439 2,000 2,988 518,774 589 1,570.066 13,(9 14,120 449 137,638 49,482 200 64,795 153.193 Endowment Funds GRichards". Flowers Total Endowment Funds 5,900 5,900 200 200 5,700 5,700 Total Funds 1,832,061 396,238 463,016 1,765,283 page 19