Charity Number . 1130917 Parochial Church Council of King Charles The Martyr Falmouth Trustees, Report and Receipts and Payments For the year ending 31 Dernber 2024
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Parochial Church Council of King Charles The Martyr Falmouth Contents Legal and Administrative Information Membership Committees Financial Review 2024 Receipts Payments statement of Assets & Liabilities Independent Examinerfs Report Reserves Policy Notes to the Financial Ststements luapw
The Cbureh of KinEChrl¢sthe Martyr REPORT OFfHE PAROCHIAL CHURCH COUNCIL FOR THE YEAR ENDED 31 DECEMBER 2024 BACKGROUND The pcc has ihe reswnsibiliiy of ¢(Fopernting with the incumbent the Rev'd GeolTrey Bennett in promoting within the Ec¢lesiasli¢al Parish, Ihe whole Mission olthe C hurch. pl0[1S0c1Ol, evan&Trelis(ic, Social and ecumenical. It also h&$ responsibility lor ihe fabric and maintenance of the Church building and the Parish Hall MEMBERSHIP Members ofthe PCC are eiiher ex-officio or elected by the Annual Parochial Church Meeting (APCM) as set oul in the Church Representation Rules. All Church aitendees are encouraged io regisieron the Electoral Roll and standlor election io the PCC. The PCC alsi) ha5 the power to l- opi during the Course of a year in order to fill any vacancy whi¢h may arise. The followlng PersoDA urved w memb¢rs of the PCC Im 2024 ExaoffKio Incumbent Re¥d G¢offrty Benneti Churchwarden Lo Martin MembeTS ol the Truro Dio¢¢san Synod Members of ihe SouthC8rnmarth Deanery Synod in 2024 Robert Martin Bobby Angelove ELECTED MEMBEKS Angela Snell Lylv Morrison RichaTd Rogers Christine Davie5 Gibson Grenfell Robert Martin Parish Safeguardin8 OITicer Angela Snell Gtyn Hoyle (P8id Capacity- Non Vrfing> Honorary Treasurer
COMMITfEES The PCC is assisted by a number of CommÉttees made up of PCC members and other persons as appropriate, which meet as and when required between full meetings of Ihe PCC. Standing Committee This isthe onty Committee required by law. It has power to transact business and take binding decisions on behalf of the PCC between its meetings, particularly in cases of urgent business, subject to any directions given by the Council. Flnanclal Revlew 2024 January to December 2024 KCM paid a total of£19950.00 to the MMF. Total receipts for the year to the General account was £56701.91 which was made up of Planned Giving Collections Sum up Payments Fees Votive Souvenir sales Donations Divsllnt Legacies Tax Recovery Gift Aid and VAT X m a s f u n d ra i s i ng Faipwinds Hire Church Hire Coffee Momings Energy Refvnds Donations (Choir and Mummers) Total expenses for the year from the General account was £64736.08 which was made up of staff costs (Richard Glyn Becky and Kate) Postage Printing Photocopier Lease Stationery Phones and Intemet Cost of Services Gas and Electricrty Maintenance and Repairs Buildings Insurance MMF Bank Charges. Website costs Priest Expenses
FALMOUTH PARISH CHURCH KING CHARLES THE MARTYR RECEIPTS AND PAYMENTS YEAR ENDED 31 DECEMBER 2024 UNRESTRICTED FUNDS RESTRICTED FUNDS 2023 2024 RK•lpt8 Planned Giving Tax Recovered Collections Porish GIn9 PGGiftA FaI1ndS Concerts Donations Desig Funds 2199 3186 4953 11431 2383 5475 2940 3796 5429 13566 2916 1395 4101 10410 1499 1160 1196 1205 1630 515 822 342 409 945 1951 12925 3807 820 1727 31482 20960 10667 1105 2795 1541 200 2199 3186 4953 11431 2383 5475 3419 5253 3419 40 5213 1196 1630 822 409 1915 3807 1727 20960 Car Park Souvenifs VotivelFloodlight8 Divs & Int Legaues ChLtreh Hire Hall Lettlngs Huddle Let Coffee Shop Bd8 Irffd Funtl Raising 08F HeatlThJ Coffee Momings 36 1059 525 25 3431 1059 525 25 3431 VATCl8lmslRefurKIs Flwr Fund 4904 iiio 1041 315 4904 iiio 78360 3495 113110 81855
FALMOLrrH PARISH CHURCH KING CHARLES THE MARTYR RECEIPTS AND PAYMENTS YEAR ENDED 31 DECEPABER 2024 UNRESTrICTED FUNDS REsfRICTED FUNDS 2023 2024 P•ym•nt• MMF Mission & Ch8rit*s As8wJ Cler8y Fees Church RLThThJ Ins & Mainlenance Church leC Hall GaslElec Parbsh Hall Organ DonationB ScANenifS Church Adnin 88nk Chwges Desynaled Fds Cost ol SeNe Prolessional Fees Fl(Mer Fund Staff Cc6t# Fairwinds 19950 22900 1772 1420 19950 052 652 8034 6962 5677 2247 5792 9459 6645 2391 8601 2440 loo 3981 310 8034 6962 5677 2247 3582 2168 S42 3149 294 1559 1018 11607 141 4389 687 3582 2168 542 2964 216 1559 1018 11607 141 4389 687 185 78 1379 9168 1046 6659 Grfts Wfjbsrte 62 865 212 321 2976 274 865 88076 6225 92561 94301 ReIpts Its5 P•ymnts -9716 -2730 20549 -12446 Cash fur¥J8 l January 2024 80947 3090 84037 cash funds at 31 De¢¢wber 2024 72773 362 73135
RESERVES POLICY It is the policy of the PCC at King Charles the Martyr to rnaintain a balance of unrestricted funds (if possible), which equates to approximately six months unrestricted payments, to cover emergency situations that may arise from time to time. Financial reserves are to ensure that short tern) fluctuations in income do not affect the PCCS ability to meet its financial obligations. However, with the continued demands of MMF payments and running expenses we may need to dip into the reserves more often. Our funds are invested with the CBF Church of England Investment Fund Income Shares- restricted for Fabric National Savings - Income Bonds restricted for the Choir and 8hares in abrdn UK smaller companies Growth Trust plc (fomally Standard Life) We also receive an income from the Fred Piper Will Trust. CHAIRMAN
P4rothial Church Council of King CharlesThe M4rtyr Falmouth Notes io the financial statements For the Year ended 31 December 2024. Further lo discussions with the Truro Diocesan Board of Finance in 2012 The 2024 accounts have again been prepared under the Receipts and Payments fomat so as to simplify the figures and help reduce the increase in AL¢ountancy fees. The financial statements were approved by the trustees on. And signed on its behalf by CHAIR OF THE PCC TRUSTEE
Parochial C4, ::. Councilof Kingcharles The IMart)'r Falmouth if.uinl eiaminers report to the tnistees on the unaudited fLnancial statements ()1" P1)LhIal L hurch Council ur King Charles The Martvr lialny I report un the accounts of PaNJcbial Church Council Of KlrrfJ Cl)4rfes The Matyr Falmouth tor thL y¢arended 31 Dernber ?0?4 Respective ,responsibilities DI. tru 4t¢ c s and indcpcndcTht examiner As the charity's trustees yc)u are rLspon.siblL l()r the preparation i)!'the accounts. y()u consider that the audii requirement of sL'¢lion 144 01 the ('l)ariti¢'s Alt ?0 I (thL Charities Act} 41nd that an indLp¢nd¥I)l LNamination Is needed. li is my responsibility lo examine the accounts under%L'clion 145 of the C'hariliLs Act and follow the pr(?LLdurL'ts laid duM"n in the CyLn¢ral I)ir¢tI1)n5 gy ji'Ln by the Charily L'ommi%tsi()n under section 145( i)Ib) ()I' the C'harili¥% Act,. and to State whether particular m8tlLp* havL' Lom¥% lo my altLnlion. B#¥i8 of Independent examlnern statement My Lxiimincllion was Larricd i)ul in a¢Lordan¢c with the General l)iri'etion$ bljl.'Ln b%, the Charity C".ommis4ion. An Ll411MinJli()n inLludc8 a rClL of thei)LLiiunling rLLords kept b>. the })('(' and a comparison of the accounts prL4¥llted with those rLLL)rds.. It also iniludL% Li?n%id¥ruli()n (?l- any unusual items or discl()%urcs in ihL accounts, and ¥cekin% explanatlon8 from you astrustees LOThLLrnin&i any SiILli InattLPi. The procediires undertaken do not pi'i)i'idL all ihL L.1nl thatNvnuld be rLquifLd in an audit and LvnsLqULntl)- no opini()n is given as ti) whether the accounts prL'qLni a'true and lair vie andthe report is limited i()those matters set inlhestslwMtteb Independent elmInern ststwI In With my nomatter has comc to my allLnli()n.' (i) which giv¢s ML [kakLu. cause tv 1. Ihtht in any IniilLrial respect the rL'quifLmL'nl%: to keep pr()PLf a¥Liyunting in with &klL 41 of ih¥' ALt: to prcparL accounts which aLLord with the aLL(iunling L(dI and tv comply with the accounting requirement$ of the ALt have not been met or {ii) lo iihich. in my opinion, altftlllioll %hould be drawn in order to enable a proper understanding nrthe accounts lo be r ch and EXAMINER... ..DATED... , L £KcP14q