# **Annual Report and Financial Statements of the Parochial Church Council of Penkridge with Stretton** **For the year ended 31[st] December 2024** _**Charity registration number: 1131086**_ _Page 1_ ## **The Parochial Church Council of Penkridge with Stretton Trustees’ Annual Report for the year ended 31[st] December 2024** _**Charity registration number 1131086**_ ## **Objectives and Activities** The Parochial Church Council of Penkridge (the PCC) has the responsibility of co-operating with the incumbent, the Reverend G Yerbury, in promoting in the ecclesiastical parish, the whole mission of the Church, pastoral, evangelical, social and ecumenical. The PCC is also spiritually responsible for the maintenance of the church The PCC is committed to enabling as many people as possible to worship at our church and to become part of our parish community at Penkridge The PCC maintains an overview of worship throughout the parish and makes suggestions on how our services can involve the many groups that live within our parish. Our services and worship put faith into practice through prayer, scripture, music and sacrament. Also, through non sacramental activities of hospitality and fellowship we aim to reach non churched members of the community. ## **Public Benefit** The trustees of the PCC are aware of the Charity Commission’s guidance on public benefit in The Advancement of Religion for the Public Benefit and have had regard to it in their administration of the Charity. The trustees believe that, by promoting the work of the Church of England in the Ecclesiastical Parish of Penkridge it helps to promote the whole mission of the Church (pastoral, evangelistic, social and ecumenical) more effectively, within the Ecclesiastical Parish, and that in doing so it provides a benefit to the public by: - Providing facilities for public worship, pastoral care and spiritual, moral and intellectual development, both for its members and for anyone who wishes to benefit from what the Church offers; and - Promoting Christian values and service by members of the Church in and to their communities, to the benefit of individuals and society as a whole. ## **Achievements and Performance** ## **Worship and Prayer** During 2024 the pattern of worship at St Michael’s continued as previous years, with most of the services being Holy Communion and the third Sunday normally being All Age Worship. The theme for these services was the ‘I am’ sayings of Jesus. Numbers throughout the year fluctuated but seventy-four seems to be average, although with the loss of the Asylum Seekers there has been a slight reduction. At St. Michael’s prayer ministry is offered at communion services. _Page 2_ Numbers of Stretton have stayed at a low at around seven although when the choir is at Evensong numbers drifted upwards to about eighteen. Levedale mission numbers have fluctuated at around nine although the annual Harvest Service was successful with an increase in numbers from previous years. The Monthly Pillaton service averages around ten people in attendance ## **Website** An ongoing discussion was held about a new website but the cost of setting one up was considered a significant issue with a possible cost of around £1000. However, the church does have a Facebook Page and there is also information on ‘A Church Near You’ website. ## **Financial resources** Financial resources are discussed at length by a small sub group who support the work of the treasurer. These discussions are summarised for all PCC meetings and have helped in the understanding of the church’s financial situation. The PCC have also discussed in some depth the need for a stewardship campaign in 2025 when the quinquennial is due and possible events for the 800[th] Anniversary in 2026. It is hoped that ongoing discussions regarding a card machine will be implemented. ## **Mission and Outreach** The Drop- in remains open and provides refreshments and activities in the church hall. A number of other outreach opportunities have been very active in 2024 and these include Open Church, Saturday morning coffee, The Men’s Group and Leisurely Ladies. Angelic Gardeners has continued to meet, too. A confirmation preparation class was well attended but unfortunately the confirmation was postponed into 2025, due to the weather. A leaflet (Fishnet) is distributed throughout the community, giving information about church services and events. ## **Youth and Children’s work** The Messy church service has grown to around forty adults and forty children on average, although some events exceed one hundred. During 2024 there has been a notable increase in the number of young people in church. ## **Church Buildings** The PCC have continued to manage the maintenance of the Churches and Churchyards within the parish. The total expenditure for 2024 was £15,580. A grant of £1,500 towards the upkeep of St Michael’s Churchyard was kindly donated by Penkridge Parish Council. ## **Financial Review** The 2024 Accounts consists of the merged figures for Penkridge and Stretton as this constitutes the legal entity for the PCC. Overall receipts in 2024 were down by £19,198 to £121,419 compared to £140,617 in 2023. St Michael’s, Penkridge receipts were down by £20,422 to £116,876 St John’s, Stretton receipts were up by £1,224 to £4,543 _Page 3_ Overall expenses were down by £20,149 in 2024 to £118,348 compared to £138,497 in 2023. St Michael’s, Penkridge expenses were down by £20,598 to £116,006 St John’s, Stretton expenses were up by £448 to £2,341 Total expenditure on utilities in 2024 was £11,622 (2023 - £9,720) The breakdown was as follows:- ||St Michael’s|St John’s|Levedale| |---|---|---|---| |Gas|£6,369|-|-| |Electricity|£4,742|£287|£119| |Water|£393||| The Church Hall Debt decreased to £23,721. The PCC were able to meet their Common Fund contribution of £63,382. In addition, the Parish Share deficit accrued during the lockdown in 2020/21, the remainder of which amounted to £7,000 as of December 2023, was settled with a payment of £3500 after an agreement was made with the Diocesan Finance Director. Previously the PCC have committed to an Annual Giving 10% tithe on unrestricted income (excluding fees income from Weddings, Funerals and Grants) to be donated to agreed charities and appeals. During 2024 £3,734 was donated. ## **Reserves Policy** It is PCC policy to try to maintain a balance on free reserves (net current assets) which equates to at least three months unrestricted payments. This is equivalent to £28,800 (2023 : £28,050). It is held to smooth out fluctuations in cash flow and to meet emergencies. Based on 2024, the balance of the free reserves at the end of the year was £35,982 of which £24,883 was held by St Michael’s Penkridge and £11,099 by St John’s Stretton. Estimated reserves required are £28,300 for St Michael’s and £500 for St John’s, hence St Michael’s are below target and St John’s well above target. ## **Investment Policy** The charity is granted power to invest in suitable investments under the PCC Powers Measure 1956 and the Trustees Act 2000. As a charity, the Trustees have a duty of care to take such advice as is appropriate before investments are undertaken. This advice is sought from the Central Board of Finance (CCLA) in London. The charity’s investment policies are based on two key principles: - - Ethical Investment – this includes ensuring that investments are held in companies which have high standards of corporate governance and act in a responsible way towards stakeholders. - Long-term responsibilities – the trustees are aware of their long-term responsibilities in respect of the Restricted and Unrestricted reserves and as a result follow a prudent approach to investment decisions. _Page 4_ Investment policy for long-term funds is aimed primarily at generating a sustainable income, with due regard to the need for the preservation of capital value, and the possible need to realise investments to meet operational needs. The charity does not have a policy of generating income at excessive or high risk – known as “purchasing income”, where high returns are guaranteed at the expense of capital. In summary, the charity has an overall policy to maximise income while preserving the real value of its funds. Due to the nature of the charity, an ethical investment policy is taken into consideration when investments are made: The charity follows the Ethical Investment Advisory policy as recommended by the Lichfield Diocese which includes the following: - “We aim to invest in companies that: - will develop their business in the interests of shareholders; - demonstrate responsible employment practices; - are conscientious concerning issues of corporate governance, the environment and human rights; - are sensitive to the community in which they operate.” Planned giving, collections and donations are the main sources of fund raising along with tax recoverable. ## **Safeguarding** The PCC believe they have fulfilled their duty under section 5 of the Safeguarding and Clergy Discipline Measure 2016 (duty to have due regard to House of Bishops’ guidance on safeguarding children and vulnerable adults). Esther Burd resigned as safeguarding officer and the PCC were conscious that this role needed to be filled. In September Mrs C Watson stepped into the breach and has taken on the role of Parish Safeguarding Officer. The Safeguarding Policy has been updated and agreed by the PCC. A safeguarding report is now presented at all PCC Meetings. ## **Reporting Serious Incidents** A Serious Incident is an adverse event, whether actual or alleged, which results in or risks significant harm to the charity’s beneficiaries, employees, office holders, volunteers or to others who come into contact with the charity through its work, loss of the charity’s money or assets, damage to the charity’s property or harm to the charity’s work or reputation. The trustees are not aware of any Serious Incidents in the last year. ## **Fundraising** The PCC takes it fundraising responsibilities seriously and is very grateful to all donors – whether regular or occasional – for their support of the church and church events. PCC supporters are never taken for granted. The PCC take full responsibility for fundraising and do not use commercial organizations or professional fundraisers. All money raised is either by donations, fundraising events, special appeals or legacies for which the PCC are most grateful. _Page 5_ ## **Volunteers** The members of the PCC would like to thank all the volunteers who work so hard to make our Church a lively and vibrant community, including all those who volunteer in mission and outreach activities. Special thanks go to our church wardens, the people who look after the building, the treasurer, and the small group who support him in looking after the church accounts. ## **Future Plans** There is a need to expand the various groups that make St Michael’s function successfully, particularly the Messy church group. There has also been talk about resurrecting Noah’s Ark and there are plans to mark the eight hundredth anniversary of the current St Michael’s building, in 2026. As a church community, we need to be prepared for the growth of Penkridge and possibly facilitate differing forms of worship. With the increase in the number of young people on a Sunday, we may well need to develop activities orientated towards them. A plan will need to be implemented and costed based on the findings of the quinquennial inspection and an informative, engaging new website established. ## **Risk Management** The Church Wardens carry out regular Health and Safety Reviews and regularly inspect premises for potential hazards. We have safeguarding policies in place for child protection and for work with vulnerable adults, including rigorous DBS checking of staff and volunteers. Our insurances are reviewed annually to ensure adequate cover. An informal review of any new risks which may impact the work of the Church in the Parish is ongoing. ## **Structure, Governance and Management** The PCC is a Body Corporate established by the Church of England and is a Charity registered with the Charity Commission. The PCC is governed by the Parochial Church Council Powers Measure (1956) as amended that came into effect on 2[nd] January 1957, and the Church Representation Rules (contained in Schedule 3 to the Synodical Government Measure 1969 as amended). The method of appointment of the PCC members is set out in the Church Representation Rules. The Council comprises the Incumbent, the Churchwardens, a representative of the Readers, those elected to the Deanery Synod, and other members who are elected at the Annual Parochial Church Meeting, by those on the Electoral Roll. The PCC members receive training from courses run by the Diocese. Members of the congregation are always urged to join the Electoral Roll, and to stand for election to the PCC. The PCC members are responsible for making decisions on all matters of general concern and importance in the parish, and for all financial matters. The PCC meet 9 times a year. [Given its responsibilities, the PCC has a number of sub committees, each dealing with a particular aspect of parish life. These include Worship, Mission and Outreach, Buildings and Finance and Discipleship. ## **Related Parties** ## **Donations from Related Parties** Donations from related parties (PCC Members) during the year totalled £9,830. Of these donations £240 were restricted and the rest were received without conditions. _Page 6_ ## **Remuneration paid to Trustees** Mrs C. French has received £5030 during 2024 for her role as Church Administrator and Verger. She is not involved in any PCC discussions concerning her roles and does not vote on them. ## **Expenses paid to Trustees** Mr P _._ Haime has received £25.50 during 2024 to cover travelling expenses relating to the delivery and collection of Accounts for Independent Examination. _Page 7_ ## **Reference and Administrative details** The Churches are situated in Penkridge, Stretton, Levedale and Pillation and are part of the Deanery of Penkridge, in the Diocese of Lichfield. The correspondence address is The Rectory, New Road, Penkridge, Stafford Registered charity number 1131086. Our website address is: www.stmichaelspenkridge.co.uk PCC members who have served from 1[st] January 2024 until the date this report was approved were **:** The Incumbent The Reverend Greg Yerbury (Chairman) Curate Rev A. Arthur Churchwardens Mr D Spencer (& Vice Chair) Mr R Watson (from 9/04/24) Deputy Warden Churchwardens at Mr T Hodkinson, St John’s Mr J Linney Deanery Synod Reps Mrs C Beardmore (Reader) Mrs H Palfrey (until 9/04/24) Elected Members Mr P Haime (Treasurer), Mrs C French Mr D Knaggs, Mrs M Rose Mrs L. Spencer (from 9/04/24) Mr J Archer Miss C Holden (until 9/04/24) Mrs C Watson (from 17/09/24) **Officer of the PCC** Mrs M Baggot (Secretary) (attends meetings but does not vote) ## **Names and addresses of advisers** **Bank** Lloyds Bank PLC 3 Market Place, Cannock, WS11 1BD **Investment** CCLA **Managers** Senator House, 85 Queen Victoria St, London EC4V 4ET **Independent** Jonathon Hill **Examiner** For and on behalf of Lichfield Diocesan Board of Finance, St Marys House, The Close, Lichfield WS13 7LD _Page 8_ Approved by the PCC on dd/mm/yyyy and signed on its behalf by: ………………………………. ………………………………. Reverend G Yerbury (Chairman) D Spencer (Church Warden) ……………………………….. R Watson (Church Warden) _Page 9_ ## **Independent Examiner’s report to the trustees/members of The PCC of Penkridge** Registered charity number, if applicable: 1131086 I report on the accounts for the year ended 31[st] December 2024 which are set out on the following pages. ## **Respective responsibilities of the Trustees and Independent Examiner** The charity’s trustees are responsible for the preparation of the accounts. The charity’s trustees consider that an audit is not required for this year under Section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed. It is my responsibility - to examine the accounts under section 145 of the Charities Act, - to follow the procedures laid down in the General Directions given by the Charity Commission (under section 145(5)(b) of the Charities Act, and - to state whether particular matters have come to my attention. ## **Basis of Independent Examiner's Statement** My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a “true and fair” view and the report is limited to those matters set out in the statement below. ## **Independent Examiner's Statement** In connection with my examination, no material matters have come to my attention (other than that disclosed below *) which gives me cause to believe that in any material respect: - accounting records were not kept in accordance with section 130 of the Charities Act or - the accounts do not accord with the with the accounting records I have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached. - _Please delete the words in the brackets if they do not apply._ Signed: …………………………………………. Jonathan Hill FCMA CGMA Date: ………………………………… _Page 10_ **Independent Examiner’s report to the trustees/members of The PCC of Penkridge** Registered charity number (if applicable): 1131086 ## **Disclosure** _Only complete if the examiner needs to highlight matters of concern (see CC32 Independent Examination of Charity Accounts: Directions and Guidance for Examiners)._ ## **Brief details of any items that the Examiner wishes to disclose** _Page 11_ ## **The Parochial Church Council of Penkridge with Stretton Financial Statements for the Year Ended 31[st] December 2024** ## **Accounting Policies** The financial statements of the PCC have been prepared in accordance with the Church Accounting Regulations 2006 using the Receipts and Payments basis. There may be minor discrepancies in the totals as the pence are not being shown. ## **Fixed Assets** Consecrated and benefice property is not included in the accounts by s.10(2)(a)&(C) of the Charities Act 2011. Moveable church furnishings held by the Vicar and Churchwardens on special trust for the PCC and which require a faculty for disposal are inalienable property, listed in the Church’s inventory, which can be inspected (at any reasonable time). For anything acquired prior to 2000 there is insufficient cost information available and therefore such assets are not valued in the financial statements. ## **Description of Funds** **Unrestricted funds** are income funds of the PCC that are available for spending on the general purposes of the PCC, including amounts designated by the PCC for fixed assets for its own use or for spending on a future project and which are therefore not included in its "free reserves" as disclosed in the trustees' annual report. **Restricted funds** comprise of two elements: a) income from trusts or endowments which may be expended only on those restricted objects provided in the terms of the trust or bequest b) donations or grants received for a specific object or invited by the PCC for a specific object. The funds may only be expended on the specific object for which they were given. Any balance remaining unspent at the end of each year must be carried forward as a balance on that fund. The PCC does not usually invest separately for each fund. Where there is no separate investment, interest is apportioned to individual funds on an average balance basis. **Endowment funds** are restricted funds that must be retained as trust capital either permanently or subject to a discretionary power to spend capital as income, and where the use of any income or other benefit derived from the capital may be restricted or unrestricted. Full details of all their restrictions are shown in the notes to the accounts. _Page 12_ ## **Receipts and Payments Account 2024** ||**Unrestricted Designated**
**Restricted Endowment**
**Total**
**Prior year**
**funds**
**funds**
**funds**
**funds**
**funds**
**total funds**| |---|---| |**Receipts**
Donations and legacies
Income from charitable activities
Other trading activities
Investments
Other income
**Total receipts**
**Payments**
Raising funds
Expenditure on charitable activities
**Total payments**
**Excess of receipts over payments before**
**transfer**
**Transfers**
Gross transfers between funds - in
Gross transfers between funds - out
**Excess of receipts over payments before**
**other gains / losses**
**Net movement in funds**
**All assets at 01 January 2024**
**All assets at 31 December 2024**
**Represented by**
**Unrestricted**
General Fund St John’s Stretton
General fund St Michael’s, Penkridge
**Restricted**
Agency collection
Appeal Donations For Roof, Clock, Tower
Repairs
BELLS RESTRICTED
Church And Churchyard - St John’s
Church Flowers Donations
Churchyard Maintenance – St Michaels
Donations for Charitable Giving
FRIENDS
GRAVES RESTRICTED
LEVEDALE REFURBISHMENT
NOAHS ARK & DROP IN
ORGAN MAINTENANCE
St Michaels Church Fete Committee
**Endowment**
LITTLETON GRAVE|90,714
—
6,299
—
97,013
111,340
10,919
—
—
—
10,919
9,885
10,243
—
933
—
11,176
8,853
1,900
—
409
—
2,309
3,039
—
—
—
—
—
7,500| ||**113,777**
**—**
**7,642**
**—**
**121,419**
**140,617**
478
—
—
—
478
747
115,042
—
2,828
—
117,870
137,750| ||**115,520**
**—**
**2,828**
**—**
**118,348**
**138,497**| ||**(1,743)**
**—**
**4,814**
**—**
**3,071**
**2,120**
3,314
—
234
—
3,547
13
(234)
—
(3,314)
—
(3,547)
(13)| ||**1,336**
**—**
**1,734**
**—**
**3,071**
**2,120**| ||**1,336**
**—**
**1,734**
**—**
**3,071**
**2,120**| ||**34,645**
**—**
**40,146**
**1,000**
**75,791**
**73,671**| ||**35,982**
**—**
**41,880**
**1,000**
**78,862**
**75,791**
11,099
—
—
—
11,099
9,307
24,883
—
—
—
24,883
25,338
—
—
—
—
—
—
—
—
12,211
—
12,211
10,201
—
—
69
—
69
69
—
—
8,582
—
8,582
8,173
—
—
—
—
—
58
—
—
—
—
—
—
—
—
1,679
—
1,679
232
—
—
10,557
—
10,557
9,604
—
—
3,000
—
3,000
3,000
—
—
4,295
—
4,295
3,544
—
—
—
—
—
2,881
—
—
1,487
—
1,487
2,009
—
—
—
—
—
374
—
—
—
1,000
1,000
1,000| _Page 13_ ## **Statement of assets and liabilities 2024** ||**General Designated**
**Restricted Endowment**
**This year**
**Last year**| |---|---| |**Current assets - Cash at bank and in hand**
Current bank account - St Michaels
Current bank account - St John’s
Friends Bank Account -
Levedale Bank Account -
General Cash in Hand St John’s -
Levedale Cash in Hand
CBF deposit - St John’s -
General Cash in Hand St Michael’s -
Fees Cash in Hand -
**Totals**
**Liabilities - Agency accounts**
Agency collections -
**Totals**
**Grand total**|24,715
—
17,076
1,000
42,792
45,798
11,099
—
511
—
11,610
9,788
—
—
12,471
—
12,471
11,279
—
—
4,290
—
4,290
3,539
—
—
—
—
—
47
—
—
5
—
5
5
—
—
8,121
—
8,121
7,712
68
—
—
—
68
68
100
—
—
—
100
100| ||**35,982**
**—**
**42,475**
**1,000**
**79,456**
**78,335**
—
—
594
—
594
2,544| ||**—**
**—**
**594**
**—**
**594**
**2,544**| ||**35,982**
**—**
**41,880**
**1,000**
**78,862**
**75,791**| ## **Statement of assets and liabilities 2023** ||**General Designated**
**Restricted Endowment**
**This year**
**Last year**| |---|---| |**Current assets - Cash at bank and in hand**
Current bank account - St Michael’s
Current bank account - St John’s
Friends Bank Account -
Levedale Bank Account -
General Cash in Hand St Johns Stretton
Levedale Cash in Hand -
CBF deposit - St John’s Stretton
General Cash in Hand St Michaels -
Fees Cash in Hand -
**Totals**
**Liabilities - Agency accounts**
Agency collections -
**Totals**
**Grand total**|25,177
—
19,569
1,000
45,746
31,242
9,260
—
528
—
9,788
8,582
—
—
11,279
—
11,279
24,470
—
—
3,539
—
3,539
2,982
47
—
—
—
47
—
—
—
5
—
5
5
—
—
7,712
—
7,712
7,472
10
—
58
—
68
10
100
—
—
—
100
100| ||**34,593**
**—**
**42,689**
**1,000**
**78,283**
**74,863**
—
—
2,544
—
2,544
1,192| ||**—**
**—**
**2,544**
**—**
**2,544**
**1,192**| ||**34,593**
**—**
**40,146**
**1,000**
**75,739**
**73,671**| _Page 14_ ## **Fund movement by type 2024** ||**Opening**
**Incoming**
**Outgoing**
**Transfers Gains/losses**
**Closing**| |---|---| |**BELLS - BELLS RESTRICTED**
Restricted
**Sub-total for BELLS**
**CHURCHYARD – St Michael’s Churchyard**
**Maintenance**
Restricted
**Sub-total for CHURCHYARD**
**Church & C – St John’s Church And**
**Churchyard Maintenance**
Restricted
**Sub-total for Church & C**
**Church Fete - St Michaels Church Fete**
**Committee**
Restricted
**Sub-total for Church Fete**
**FRIENDS - FRIENDS**
Restricted
**Sub-total for FRIENDS**
**Flowers - Church Flowers Donations**
Restricted
**Sub-total for Flowers**
**GRAVES - GRAVES RESTRICTED**
Restricted
**Sub-total for GRAVES**
**General - General Fund**
Unrestricted St John’s
Unrestricted St Michael’s
**Sub-total for General**
**Giving - Donations for Charitable Giving**
Restricted
**Sub-total for Giving**
**LEVEDALE – Levedale Refurbishment**
Restricted
**Sub-total for LEVEDALE**
**LITTLETON - LITTLETON GRAVE**
Endowment
**Sub-total for LITTLETON**
**NOAHS - NOAHS ARK & DROP IN**
Restricted
**Sub-total for NOAHS**
**ORGAN - ORGAN MAINTENANCE**
Restricted
**Sub-total for ORGAN**
**RAISEtheROOF - Appeal Donations For Roof**
**& Building Repairs – St Michael’s**
Restricted
**Sub-total for RAISEtheROOF**
**Grand total**|69
—
—
—
—
69| ||**69**
**—**
**—**
**—**
**—**
**69**
—
1,500
1,500
—
—
—| ||**—**
**1,500**
**1,500**
**—**
**—**
**—**
8,173
409
—
—
—
8,582| ||| ||**8,173**
**409**
**—**
**—**
**—**
**8,582**
374
—
—
(374)
—
—| ||**374**
**—**
**—**
**(374)**
**—**
**—**
9,604
953
—
—
—
10,557| ||**9,604**
**953**
**—**
**—**
**—**
**10,557**
58
—
—
(58)
—
—| ||**58**
**—**
**—**
**(58)**
**—**
**—**
3,000
—
—
—
—
3,000| ||**3,000**
**—**
**—**
**—**
**—**
**3,000**
9,307
4,133
2,341
—
—
11,099
25,338
109,643
113,179
3,080
—
24,883| ||**34,645**
**113,777**
**115,520**
**3,080**
**—**
**35,982**
232
1,447
—
—
—
1,679| ||**232**
**1,447**
**—**
**—**
**—**
**1,679**
3,544
635
119
234
—
4,295| ||**3,544**
**635**
**119**
**234**
**—**
**4,295**
1,000
—
—
—
—
1,000| ||**1,000**
**—**
**—**
**—**
**—**
**1,000**
2,881
—
—
(2,881)
—
—| ||**2,881**
**—**
**—**
**(2,881)**
**—**
**—**
2,009
687
1,209
—
—
1,487| ||**2,009**
**687**
**1,209**
**—**
**—**
**1,487**
10,201
2,010
—
—
—
12,211| ||**10,201**
**2,010**
**—**
**—**
**—**
**12,211**| ||**75,791**
**121,419**
**118,348**
**—**
**—**
**78,862**| _Page 15_ ## **Fund Description** ## **Restricted Funds** Bells – St Michael’s For the upkeep and maintenance of St Michael’s bells Church Fete – St Michael’s Fete Committee funds to be used for set-up costs of future fetes Friends of St Michael’s For repairs and maintenance to the fabric of St Michael’s Church Graves – St Michael’s For the upkeep and maintenance of the Minshall and Wimpenny graves in St Michael’s Churchyard Levedale – St Michael’s For the refurbishment, upkeep and maintenance of Levedale Mission Church Noahs – St Michael’s For Noah’s Ark and Drop-in groups Organ – St Michael’s For upkeep and maintenance of St Michael’s organ Giving Donations and collections made for the purpose of Charitable Giving on behalf of the Church Church & Churchyard – St John’s For the upkeep and maintenance of St John’s Church and Churchyard Flowers Church Flowers Donations St Michael’s RAISEtheROOF Appeal Donations for Roof, Building Repairs St Michael’s **Endowment Funds** Littleton For the maintenance of Lady Hatherton’s grave ## **Analysis of Transfer between Funds** It was agreed by the PCC that the Restricted Funds for Noah’s Ark and the St Michael’s Church Fete Committee could be repurposed as they were no longer required. Transfers of £2881 and £374 respectively were made to St Michael’s General Fund. The following transfers were made from St Michael’s General Fund to Levedale Refurbishment Fund:- £118 to reimburse Levedale for Electricity charges which had been incorrectly debited to the Levedale Bank Account. £115 for Gift Aid Claim due to Levedale for Tax Year 2022/23. _Page 16_ ## **Fund movement by type 2023** ||**Opening**
**Incoming**
**Outgoing**
**Transfers Gains/losses**
**Closing**| |---|---| |**BELLS – Bells Restricted**
Restricted
**Sub-total for BELLS**
**CHURCHYARD – St Michaels’s Churchyard**
**Maintenance**
Restricted
**Sub-total for CHURCHYARD**
**Church & C – St John’s Church And**
**Churchyard Maintenance**
Restricted
**Sub-total for Church & C**
**ChurchFete - St Michaels Church Fete**
**commitee**
Restricted
**Sub-total for ChurchFete**
**FRIENDS – Friends of Sty Michael’s**
Restricted
**Sub-total for FRIENDS**
**Flowers - Church Flowers Donations**
Restricted
**Sub-total for Flowers**
**GRAVES – Graves Resticted**
Restricted
**Sub-total for GRAVES**
**General - General Fund**
Unrestricted – St John’s
Unrestricted – St Michael’s
**Sub-total for General**
**Giving - Donations for Charitable Giving**
Restricted
**Sub-total for Giving**
**LEVEDALE – Levedale Refurbishment**
Restricted
**Sub-total for LEVEDALE**
**LITTLETON – Littleton Grave**
Endowment
**Sub-total for LITTLETON**
**NOAHS – Noah’s Ark and Drop In**
Restricted
**Sub-total for NOAHS ARK**
**ORGAN – Organ Maintenance**
Restricted
**Sub-total for ORGAN**
**RAISEtheROOF - Appeal Donations for Roof**
**Repairs**
Restricted
**Sub-total for RAISEthe ROOF**
**Grand total**|69
—
—
—
—
69| ||**69**
**—**
**—**
**—**
**—**
**69**
—
1,500
1,500
—
—
—| ||**—**
**1,500**
**1,500**
**—**
**—**
**—**
8,434
239
500
—
—
8,173| ||**8,434**
**239**
**500**
**—**
**—**
**8,173**
374
—
—
—
—
374| ||**374**
**—**
**—**
**—**
**—**
**374**
25,075
8,463
23,933
—
—
9,604| ||**25,075**
**8,463**
**23,933**
**—**
**—**
**9,604**
—
265
207
—
—
58| ||**—**
**265**
**207**
**—**
**—**
**58**
3,000
—
—
—
—
3,000| ||**3,000**
**—**
**—**
**—**
**—**
**3,000**
7,621
3,079
1,393
—
—
9,307
19,839
114,768
109,308
(13)
—
25,286| ||**27,459**
**117,848**
**110,701**
**(13)**
**—**
**34,593**
1
992
761
—
—
232| ||**1**
**992**
**761**
**—**
**—**
**232**
2,987
558
13
13
—
3,544| ||**2,987**
**558**
**13**
**13**
**—**
**3,544**
1,000
—
—
—
—
1,000| ||**1,000**
**—**
**—**
**—**
**—**
**1,000**
2,881
—
—
—
—
2,881| ||**2,881**
**—**
**—**
**—**
**—**
**2,881**
2,391
500
883
—
—
2,009| ||**2,391**
**500**
**883**
**—**
**—**
**2,009**
—
10,201
—
—
—
10,201| ||**—**
**10,201**
**—**
**—**
**—**
**10,201**| ||**73,671**
**140,565**
**138,497 **
**—**
**—**
**75,739**| ||**Opening**
**Incoming**
**Outgoing**
**Transfers Gains/losses**
**Closing**| _Page 17_ ## **Analysis of receipts and payments 2024** |**Total**
**Unrestricted Designated**
**Restricted**
**Endowment**
**This year**
**Last year**
**INCOME AND ENDOWMENTS**
**Donations and legacies**
Gift Aid - Bank
44,384
—
578
—
44,962
47,536
Gift Aid - Envelopes
5,847
—
—
—
5,847
4,753
Other planned giving
4,441
—
595
—
5,036
5,377
Loose plate collections
9,914
—
—
—
9,914
10,043
Giving through church boxes
—
—
—
—
—
—
One-off Gift Aid gifts
1,420
—
20
—
1,440
1,360
Gifts of quoted securities
—
—
—
—
—
—
Donations appeals etc
3,338
—
2,734
—
6,072
13,939
Tax recoverable on Gift Aid
15,818
—
185
—
16,003
23,457
Legacies
—
—
—
—
—
—
Recurring grants
302
—
—
—
302
375
Non-recurring one-off grants
4,714
—
2,187
—
6,901
3,589
Other funds generated
—
—
—
—
—
—
Wall Safe donations
536
—
—
—
536
912
Total
90,714
—
6,299
—
97,013
111,340
**Income from charitable activities**
Fees for weddings and funerals
8,343
—
—
—
8,343
8,233
Fees Heating and Travelling
Expenses
1,935
—
—
—
1,935
1,160
Stall receipts
641
—
—
—
641
492
Total
10,919
—
—
—
10,919
9,885
**Other trading activities**
Rummage sales etc
—
—
—
—
—
—
Fund raising
9,893
—
933
—
10,826
8,643
Ancillary Trading
350
—
—
—
350
210
Total
10,243
—
933
—
11,176
8,853
**Investments**
Dividends
—
—
—
—
—
—
Bank and building society interest
—
—
409
—
409
239
Rent from lands or buildings
1,900
—
—
—
1,900
2,800
Total
1,900
—
409
—
2,309
3,039
**Other income**
Insurance claims
—
—
—
—
—
7,500
Surplus - sales of fixed assets
—
—
—
—
—
—
Church Hall Loan Repayments
—
—
—
—
—
—
Total
—
—
—
—
—
7,500|**Total**
**Unrestricted Designated**
**Restricted**
**Endowment**
**This year**
**Last year**
**INCOME AND ENDOWMENTS**
**Donations and legacies**
Gift Aid - Bank
44,384
—
578
—
44,962
47,536
Gift Aid - Envelopes
5,847
—
—
—
5,847
4,753
Other planned giving
4,441
—
595
—
5,036
5,377
Loose plate collections
9,914
—
—
—
9,914
10,043
Giving through church boxes
—
—
—
—
—
—
One-off Gift Aid gifts
1,420
—
20
—
1,440
1,360
Gifts of quoted securities
—
—
—
—
—
—
Donations appeals etc
3,338
—
2,734
—
6,072
13,939
Tax recoverable on Gift Aid
15,818
—
185
—
16,003
23,457
Legacies
—
—
—
—
—
—
Recurring grants
302
—
—
—
302
375
Non-recurring one-off grants
4,714
—
2,187
—
6,901
3,589
Other funds generated
—
—
—
—
—
—
Wall Safe donations
536
—
—
—
536
912
Total
90,714
—
6,299
—
97,013
111,340
**Income from charitable activities**
Fees for weddings and funerals
8,343
—
—
—
8,343
8,233
Fees Heating and Travelling
Expenses
1,935
—
—
—
1,935
1,160
Stall receipts
641
—
—
—
641
492
Total
10,919
—
—
—
10,919
9,885
**Other trading activities**
Rummage sales etc
—
—
—
—
—
—
Fund raising
9,893
—
933
—
10,826
8,643
Ancillary Trading
350
—
—
—
350
210
Total
10,243
—
933
—
11,176
8,853
**Investments**
Dividends
—
—
—
—
—
—
Bank and building society interest
—
—
409
—
409
239
Rent from lands or buildings
1,900
—
—
—
1,900
2,800
Total
1,900
—
409
—
2,309
3,039
**Other income**
Insurance claims
—
—
—
—
—
7,500
Surplus - sales of fixed assets
—
—
—
—
—
—
Church Hall Loan Repayments
—
—
—
—
—
—
Total
—
—
—
—
—
7,500| |---|---| ||90,714
—
6,299
—
97,013
111,340
8,343
—
—
—
8,343
8,233
1,935
—
—
—
1,935
1,160
641
—
—
—
641
492| ||10,919
—
—
—
10,919
9,885
—
—
—
—
—
—
9,893
—
933
—
10,826
8,643
350
—
—
—
350
210| ||10,243
—
933
—
11,176
8,853
—
—
—
—
—
—
—
—
409
—
409
239
1,900
—
—
—
1,900
2,800| ||1,900
—
409
—
2,309
3,039
—
—
—
—
—
7,500
—
—
—
—
—
—
—
—
—
—
—
—| ||—
—
—
—
—
7,500| |**INCOME TOTAL**|113,777
—
7,642
—
121,419
140,617| _Page 18_ ## **EXPENDITURE** |**Raising funds**
Costs of Fundraising
—
—
—
—
—
150
Costs of Stall Purchases
478
—
—
—
478
569
Costs of stewardship campaign
—
—
—
—
—
—
Costs of fetes & other events
—
—
—
—
—
28
Total
478
—
—
—
478
747
**Expenditure on charitable activities**
Grants, Missions and Special
Appeals
3,734
—
—
—
3,734
9,120
Parish Share
—
—
—
—
—
—
Parish Share/Common Fund
63,382
—
—
—
63,382
62,139
Parish Share/Common Fund Arrears
3,500
—
—
—
3,500
—
Assistant staff costs
—
—
—
—
—
—
Church Servants costs
—
—
—
—
—
12
Parish administrator costs
3,730
—
—
—
3,730
4,000
Working expenses of incumbent
—
—
—
—
—
—
Clergy Expenses
80
—
—
—
80
616
Vicar's telephone
—
—
—
—
—
—
Parish training and mission
515
—
—
—
515
1,275
Church running - insurance
8,654
—
—
—
8,654
9,484
Organ / piano tuning
—
—
1,209
—
1,209
883
Church maintenance
9,608
—
—
—
9,608
1,746
Cleaning
469
—
—
—
469
810
Upkeep of services
1,537
—
—
—
1,537
1,776
Upkeep of churchyard
3,477
—
1,500
—
4,977
4,623
Administration
—
—
—
—
—
—
Church Management and Admin
4,321
—
—
—
4,321
2,929
Church Hall Hire for Community Use
—
—
—
—
—
—
Visiting speakers / locums
—
—
—
—
—
—
Church running - electric
5,029
—
119
—
5,148
4,730
Church running - gas
6,369
—
—
—
6,369
4,635
Church running - water
393
—
—
—
393
368
Governance costs examination/audit
fee
245
—
—
—
245
244
Church major repairs - structure
—
—
—
—
—
22,081
Major Works - Quinquennial
—
—
—
—
—
—
Church major repairs - installation
—
—
—
—
—
5,020
Church interior and exterior
decorating
—
—
—
—
—
—
Other PCC property upkeep
—
—
—
—
—
1,260
New building Church
—
—
—
—
—
—
Total
115,042
—
2,828
—
117,870
137,750|—
—
—
—
—
150
478
—
—
—
478
569
—
—
—
—
—
—
—
—
—
—
—
28| |---|---| ||115,042
—
2,828
—
117,870
137,750| |**EXPENDITURE TOTAL**|115,520
—
2,828
—
118,348
138,497| ||| |**GRAND TOTAL**|(1,743)
—
4,814
—
3,071
2,120| ## **Fixed Assets** The PCC own the property known as Levedale Mission Church. A professional valuation of the property carried out during 2003 valued it at £10,000. _Page 19_ ## **Other Monetary Assets** |**Church Hall Loan**|**2024**|**2023**| |---|---|---| |As at 1stJanuary|25,847|25,112| |Repayments in the year||(1,260)| |Charges for PCC usage|2,135|735| |As at 31stDecember|23,721|25,847| Penkridge St Michael’s lent £77,046 to the Church Hall (an independent charity) for a modernization and renovation project in 2008. The Church Hall make repayments when they can afford to do so. A charge is currently made by the Church Hall Management Committee for PCC use of the building for meetings and drop-in sessions at a cost of £35/session. There were 61 sessions in 2024 . ## **Liabilities** |**Liabilities**||| |---|---|---| ||**2023**
**£**|**2023**
**£**| |||| |Parish share|-|7,000| |Agency|594|2,544| |||| |**Total**|594|9,544| The PCC was able to meet its Common Fund target of £63,382 for 2024 An agreement was reached with the LDBF Financial Director stating that for a one-off payment of £3500 the remainder owing of the Parish Share deficit accrued during 2020/2021 would be considered settled by the LDBF. Previously the PCC have committed to an Annual Giving 10% tithe on unrestricted income (net of fees and grants income) to be donated to agreed charities and appeals. During 2024 £3734 was donated. The outstanding tithes brought forward from 2023 (£7,111) will be carried forward to 2025. The calculated tithe for 2024 is £8,096. The outstanding tithe including the total brought forward from 2023 is £15,205. _Page 20_ ## **Receipts and Payments Account 2023** ||**Unrestricted Designated**
**Restricted Endowment**
**Total**
**Prior year**
**funds**
**funds**
**funds**
**funds**
**funds**
**total funds**| |---|---| |**Receipts**
Donations and legacies
Income from charitable activities
Other trading activities
Investments
Other income
**Total receipts**
**Payments**
Raising funds
Expenditure on charitable activities
**Total payments**
**Excess of receipts over payments before**
**transfer**
**Transfers**
Gross transfers between funds - in
Gross transfers between funds - out
**Excess of receipts over payments before**
**other gains / losses**
**Net movement in funds**
**All assets at 01 January 2023**
**All assets at 31 December 2023**
**Represented by**
**Unrestricted**
General Fund St John’s Stretton
General Fund St Michael’s
**Restricted**
Agency collection
Appeal Donations Roof, Clock, Tower Repairs
Bells Restricted
Church And Churchyard - St John’s, Stretton
Church Flowers Donations
Churchyard Maintenance – St Michael’s
Donations for Charitable Giving
Friends
Graves Restricted
Levedale Refurbishment
Noah’s Ark and Drop In
Organ Maintenance
St Michaels Church Fete Committee
**Endowment**
Littleton Grave|96,640
—
14,648
—
111,288
93,304
9,885
—
—
—
9,885
10,746
8,523
—
330
—
8,853
7,018
2,800
—
239
—
3,039
198
-
—
7,500
—
7,500
—| ||**117,848**
**—**
**22,217**
**—**
**140,565**
**111,265**
747
—
—
—
747
356
109,954
—
27,796
—
137,750
113,755| ||**110,701**
**—**
**27,796**
**—**
**138,497**
**114,111**| ||**7,147**
**—**
**(5,078)**
**—**
**2,068**
**(2,846)**
—
—
13
—
13
261
(13)
—
—
—
(13)
(261)| ||**7,134**
**—**
**(5,066)**
**—**
**2,068**
**(2,846)**| ||**7,134**
**—**
**(5,066)**
**—**
**2,068**
**(2,846)**| ||**27,459**
**—**
**45,211**
**1,000**
**73,671**
**76,516**| ||**34,593**
**—**
**40,146**
**1,000**
**75,739**
**73,671**
9,307
—
—
—
9,307
7,621
25,286
—
—
—
25,286
19,839
—
—
—
—
—
—
—
—
10,201
—
10,201
—
—
—
69
—
69
69
—
—
8,173
—
8,173
8,434
—
—
58
—
58
—
—
—
—
—
—
—
—
—
232
—
232
1
—
—
9,604
—
9,604
25,075
—
—
3,000
—
3,000
3,000
—
—
3,544
—
3,544
2,987
—
—
2,881
—
2,881
2,881
—
—
2,009
—
2,009
2,391
—
—
374
—
374
374
—
—
—
1,000
1,000
1,000| _Page 21_ The two main churches, St Michael and All Angels and St John, Stretton maintain separate ledgers that are consolidated to form the PCC accounts. Their individual reports are on the following pages. Transactions for Levedale Mission and St Modwena, Pillaton are included in the accounts for St Michael and All Angels. ## **Receipts and Payments Account 2024 – St Michaels’s** ||**Unrestricted Designated**
**Restricted Endowment**
**Total**
**Prior year**
**funds**
**funds**
**funds**
**funds**
**funds**
**total funds**| |---|---| |**Receipts**
Donations and legacies
Income from charitable activities
Other trading activities
Investments
Other income
**Total receipts**
**Payments**
Raising funds
Expenditure on charitable activities
**Total payments**
**Excess of receipts over payments before**
**transfer**
**Transfers**
Gross transfers between funds - in
Gross transfers between funds - out
**Excess of receipts over payments before**
**other gains / losses**
**Net movement in funds**
**All assets at 01 January 2024**
**All assets at 31 December 2024**
**Represented by**
**Unrestricted**
General fund
**Designated**
B/F FROM 2000 NO DETAILS
**Restricted**
Agency collection
Appeal Donations For Roof, Clock, Tower
Repairs
BELLS RESTRICTED
Church Flowers Donations
Churchyard Maintenance
Donations for Charitable Giving
FRIENDS
GRAVES RESTRICTED
LEVEDALE REFURBISHMENT
NOAHS ARK & DROP IN
ORGAN MAINTENANCE
St Michaels Church Fete Commitee
**Endowment**
LITTLETON GRAVE|86,581
—
6,299
—
92,880
108,512
10,919
—
—
—
10,919
9,633
10,243
—
933
—
11,176
8,853
1,900
—
—
—
1,900
2,800
—
—
—
—
—
7,500| ||**109,643**
**—**
**7,232**
**—**
**116,876**
**137,298**
478
—
—
—
478
747
112,701
—
2,828
—
115,529
135,856| ||**113,179**
**—**
**2,828**
**—**
**116,006**
**136,604**| ||**(3,535)**
**—**
**4,405**
**—**
**869**
**695**
3,314
—
234
—
3,547
13
(234)
—
(3,314)
—
(3,547)
(13)| ||**(456)**
**—**
**1,325**
**—**
**869**
**695**| ||**(456)**
**—**
**1,325**
**—**
**869**
**695**| ||**25,338**
**—**
**31,973**
**1,000**
**58,311**
**57,617**| ||**24,883**
**—**
**33,298**
**1,000**
**59,181**
**58,311**
24,883
—
—
—
24,883
25,338
—
—
—
—
—
—
—
—
—
—
—
—
—
—
12,211
—
12,211
10,201
—
—
69
—
69
69
—
—
—
—
—
58
—
—
—
—
—
—
—
—
1,679
—
1,679
232
—
—
10,557
—
10,557
9,604
—
—
3,000
—
3,000
3,000
—
—
4,295
—
4,295
3,544
—
—
—
—
—
2,881
—
—
1,487
—
1,487
2,009
—
—
—
—
—
374
—
—
—
1,000
1,000
1,000| _Page 22_ ## **Statement of assets and liabilities 2024 St Michael’s** ||**General Designated**
**Restricted Endowment**
**This year**
**Last year**| |---|---| |**Current assets - Cash at bank and in hand**
Current bank account - St M -
Friends Bank Account -
Levedale Bank Account -
Levedale Cash in Hand -
General Cash in Hand St Michaels -
Fees Cash in Hand -
**Totals**
**Liabilities - Agency accounts**
Agency collections -
**Totals**
**Grand total**|24,715
—
17,076
1,000
42,792
45,798
—
—
12,471
—
12,471
11,279
—
—
4,290
—
4,290
3,539
—
—
5
—
5
5
68
—
—
—
68
68
100
—
—
—
100
100| ||**24,883**
**—**
**33,842**
**1,000**
**59,725**
**60,788**
—
—
544
—
544
2,477| ||**—**
**—**
**544**
**—**
**544**
**2,477**| ||**24,883**
**—**
**33,298**
**1,000**
**59,181**
**58,311**| _Page 23_ ## **Receipts and Payments Account 2024 St John’s Stretton** ||**Unrestricted Designated**
**Restricted Endowment**
**Total**
**Prior year**
**funds**
**funds**
**funds**
**funds**
**funds**
**total funds**| |---|---| |**Receipts**
Donations and legacies
Income from charitable activities
Other trading activities
Investments
Other income
**Total receipts**
**Payments**
Raising funds
Expenditure on charitable activities
**Total payments**
**Excess of receipts over payments before**
**transfer**
**Transfers**
Gross transfers between funds - in
Gross transfers between funds - out
**Excess of receipts over payments before**
**other gains / losses**
**Net movement in funds**
**All assets at 01 January 2024**
**All assets at 31 December 2024**
**Represented by**
**Unrestricted**
General Fund
**Restricted**
Church And Churchyard - St J|4,133
—
—
—
4,133
2,827
—
—
—
—
—
252
—
—
—
—
—
—
—
—
409
—
409
239
—
—
—
—
—
—| ||**4,133**
**—**
**409**
**—**
**4,543**
**3,319**
—
—
—
—
—
—
2,341
—
—
—
2,341
1,893| ||**2,341**
**—**
**—**
**—**
**2,341**
**1,893**| ||**1,792**
**—**
**409**
**—**
**2,201**
**1,426**
—
—
—
—
—
—
—
—
—
—
—
—| ||**1,792**
**—**
**409**
**—**
**2,201**
**1,426**| ||**1,792**
**—**
**409**
**—**
**2,201**
**1,426**| ||**9,307**
**—**
**8,173**
**—**
**17,480**
**16,054**| ||**11,099**
**—**
**8,582**
**—**
**19,681**
**17,480**
11,099
—
—
—
11,099
9,307
—
—
8,582
—
8,582
8,173| ## **Statement of assets and liabilities 2024 St John’s Stretton** ||**General Designated**
**Restricted Endowment**
**This year**
**Last year**| |---|---| |**Current assets - Cash at bank and in hand**
Current bank account – St John’s
General Cash in Hand St John’s -
CBF deposit - St John’s -
**Totals**
**Liabilities - Agency accounts**
Agency collections -
**Totals**
**Grand total**|11,099
—
511
—
11,610
9,788
—
—
—
—
—
47
—
—
8,121
—
8,121
7,712| ||**11,099**
**—**
**8,632**
**—**
**19,731**
**17,547**
—
—
50
—
50
67| ||**—**
**—**
**50**
**—**
**50**
**67**| ||**11,099**
**—**
**8,582 **
**—**
**19,681 **
**17,480**| _Page 24_ Independent Examiner's report to the trusteeslmembers of The PCC of Penkridge Registered charity number, if applicable: 1131086 st I report on the accounts for the year ended 31 December 2024 which are set out on the following pages. ective res onsibilities of the Trustees and Inde endent Examiner The chatity's t￿￿teeS are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year under Section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed. It is my responsibility to examine the accounts under section 145 of the Charities ACL to follow the procedures laid down in the General Directions given by the Charity Commission (under section 145(5){b) of the Charities Act. and to state whether particular matters have come to my attention. Basis of Inde endent Examiner's Statement My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit. and consequently no opinion is given as to whether the accounts present a'true and fair" view and the report is limited to those matters set out in the statement below. Inde endent Examiner's Statement In connection with my examinatio￿ no material matters have Come to my attention which gives me cause to believe that in any material respect: accounting records were not kept in accordance with section 130 of the Charities Act or the accounts do not accord with the with the accounting records I have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached. Signed: Jonathan Hill FCMA CGMA Lichfield Diocesan Board of Finance, St Mary's House. The Close. Lichfield WS13 7LD Date: Page 9