L) ST DAVIDS CHURCH Growing Disciples Who Make Disciples ST. DAVID'S MORETON-IN-MARSH WITH ST. MARY'S, BATSFORD PAROCHIAL CHURCH COUNCIL ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
ST. DAVID'S MORETON-IN-MARSH WITH ST. MARY'S BATSFORD PAROCHIAL CHURCH COUNCIL ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 Contents Page Statutory I nformation Membership of Committees Annual Report Statement of PCC Responsibilities 14 Independent Examiner's Report 15 Statement of Financial Activities 16 Balance Sheet 18 Notes to the Financial Statements 19
ST. DAVID'S MORETON-IN-MARSH WITH ST. MARYS BATSFORD PAROCHIAL CHURCH COUNCIL STATUTORY INFORMATION Full Name: Parochial Church Council of St David's Moreton-in-marsh with St Mary's Batsford Church Location: St David's- Church Street, Moreton in Marsh st Mary's - Adjacent to Batsford Park, Batsford Correspondence Address: St David's Church Office, Church Street, Moreton-in-marsh, Gloucestershire, GL56 OLT Charity Number: 1131097 Members of PCC: During the year the following served as members of the PCC: Incumbent: The Rev Henry Curran Curate with Oversight The Rev Gareth Griffith (from 8 April 2024) Associate Minister: The Rev lan Bentley Churchwardens: Mr Max Nicholls Mrs Sarah Rowland Deanery Synod Representatives: Mr Gareth Williams Mrs Margo Stansbury The Rev Canon Andrew Dow Mr Mike Payne (Vice Chair of PCC to 28 April 2024) Mrs Ruth Whitworth Mr Peter Hopkins (from 28 April 2024) Diocesan Synod Representatives: The Rev Canon Andrew Dow Mrs Caroline Faircliff Mr Peter Hopkins (from 17 October 2024) Elected Members: Mrs Ruth Bentley (to 28 April 2024) Dr Elizabeth Royle (to 28 April 2024) Mrs Clare Peaston {to 28 April 2024) Mr Steve Adeyemo Philips (to 28 April 2024) Mr Richard Cutting Mrs Caroline Faircliff Mr Charles Monroe Mrs Valerie Warner(vice chair from 28 April 2024) Mr Jamie Avis Mrs Helen Evans (from 28 April 2024) Mr Peter Smith (co-opted from 28 April 2024) Mr Peter Snodgrass (from 28 April 2024) Mr Alan Hartridge (from 28 April 2024) Treasurer: Mr John Woodall (to 28 April 2024) Mr James Shand (from 28 April 2024).
ST. DAVID'S MORETON-IN-MARSH WITH ST. MARY'S BATSFORD PAROCHIAL CHURCH COUNCIL Appointments: Mrs Wendy Webber Electoral Roll OffIr Employees: Mrs Margo Stansbury Mrs Jean Drummond Church Administrator Assistant Treasurer (to 30 September 2024) Mrs Suzy Elliott Miss Sharon Squires Children's Worker IT and Communications Worker Assistant Treasurer (from 30 September 2024) Lay Parish Minister (from 22 April 2024) Centre Cleaner Mr Peter Smith Mrs Lorna Didcot Ministers with pemiission to officiate: The Ven Fred Trethewey The Rev Canon Andrew Dow The Rev Canon Tim Sedgley Readers: Mr Rod Lee Mr Robin Whitworth Mrs Ruth Whitworth Status: The Parochial Church Council of the Ecclesiastical Parish of St David's Moreton-in-marsh with St Mary's Batsford (PCC) was registered in the Register of Charities with the Charity Commission on 12 August 2009 with the Registered Number 1131097 Independent Examiner: Mr Daniel Colwell FCCA CTA A The Old Bull Pens Sezincote Moreton-in-marsh Gloucestershire GL56 9AW Bankers: Lloyds Bank High Street Moreton-in-marsh Gloucestershire GL56 OAY Investment Managers: CCLA Investment Management Ltd Church of England Funds Senator House 85 Queen Victoria Street London EC4V 4ET
ST. DAVID'S MORETON-IN-MARSH WITH ST. MARY'S BATSFORD PAROCHIAL CHURCH COUNCIL Membership of Committees standing Committee Incumbent The Rev Henry Curran The Rev Gareth Griffith (from 13 May 2024) Mr Max Nicholls Mrs Sarah Rowland Mr John Woodall (to 13 May 2024) Mr James Shand (from 13 May 2024) Mr Gareth Williams Mrs Valerie Warner (from 13 May 2024) Chair Churchwardens Vice-chair Treasurer Member Finance and Human Resources Group Incumbent The Rev Henry Curran The Rev Gareth Griffith (from 13 May 2024) Mr Max Nicholls Mr John Woodall (to 13 May 2024) Mr James Shand (from 13 May 2024) Mrs Jean Drummond (to 30 September 2024) Miss Sharon Squires (from 30 September 2024) Mr Mike Payne (to 13 May 2024) Mrs Valerie Warner (from 13 May 2024) Mrs Ruth Bentley (to 13 May 2024) Chair Churchwarden Treasurer Assistant Treasurer Secretary Members Vice-chair st David's Centre Management Committee Mr Ramon Gater (to 30 September 2024) Mrs Margo Stansbury Chair Centre Manager Assistant Treasurer Mrs Jean Drummond (to 30 September 2024) Miss Sharon Squires (from 30 September 2024) Mr Max Nicholls Mr Ralph Squires (from 30 September 2024) Mission Committee Members The Rev Henry Curran The Rev Gareth Griffith (from 28 April 2024) Mrs Shonagh Avis Mrs Nicola Payne (to 28 April 2024) Dr Jacquie Williams Mrs Claire Lee Mr Andrew Evans Mr Kyle McFarlane Charles Monroe (from 9th December 2024) Chair Vice-chair
ST. DAVID'S MORETON-IN-MARSH WITH ST. MARY'S BATSFORD PAROCHIAL CHURCH COUNCIL ANNUAL REPORT FOR THE YEAR ENDED DECEMBER 2024 Governance St. David's, Moreton-in-marsh with St. Mary's, Batsford Parochial Church Council ('the PCC,) works with the incumbent and staff team to promote the whole mission of the Church within the parish. The PCC has maintenance responsibilities for the Church build- ings of St David's Moreton in Marsh, St Mary's Batsford and the St David's Centre. The PCC seeks to fulfil a vision for its work focused around the areas of prayer, evange- lism, service, mission, teaching. worship, fellowship, pastoral care, children and young people. The PCC works to ensure that all the activities of the church are building towards its aims in each of these areas. The PCC meets monthly and calls additional special meetings when required. Attendance at the 13 PCC meetings in 2024 was consistently good. The PCC appoints members to the Standing Committee, which is required by the church representation rules and has the power to transact the business of the PCC between its meetings. subject to any directions given by the PCC. It also appoints members to three other committees which meet on a regular basis and report back to or make recommendations to it: Finance and Human ReSoUrS Group: This oversees PCC finances by monitoring in- come and expenditure. drawing up budgets and maintaining appropriate financial con- trols. It has responsibility for employee contracts and terms and conditions of servi. St. David's Centre Management Committee: This supports the Centre Manager in the day-to-day running of the Centre including negotiating with users, preparing a budget and managing costs. Mission Committee: This oversees our missionary commitment, organises special events and makes grants to support our missionary activity. Statutory information, including details of PCC members and employees who serve during the year and members of committees is given on pages 3 - 5. At the last Annual Paro- chial Church Meeting held in April 2024. 218 members were registered on the electoral roll (227 at APCM 2023). The staff team currently comprises the incumbent, associate minister. vice-chair of PCC. churchwardens, church administrator, children's worker and IT worker. The team meets on a regular basis, normally weekly, to plan future church activities and consider matters to be presented to PCC. staffing In the absen of the Rev Henry Curran, the Rev lan Bentley, our Associate Minister, con- tinued to lead the church throughout 2024. We are extremely grateful to lan for his unstint- ing and faithful commitment to both our churches and the wider benefi. In early April we welcomed Rev Gareth Griffith who joined the staff team as Curate with oversight, and in late April Peter Smith joined the staff team as Lay Parish Minister. We wish to record our gratitude to our other retired clergy, Fred Trethewey and Andrew Dow, who have led our worship and preached regularly, to our Readers for their invaluable ministry. to members of the worship teams who take part in leading our Sunday services and to Paul Webber and Richard Cutting and their teams of musicians and singers.
ST. DAVID'S MORETON-IN-MARSH WITH ST. MARY'S BATSFORD PAROCHIAL CHURCH COUNCIL We are also grateful to Margo Stansbury, our church administrator, for her committed work in the church office, and to Sharon Squires for our livestreaming and the technical areas of our servIs. Many other people continue to give willingly and generously of their time and gifts to support the different areas of church activity by welcoming visitors and newcomers. providing refreshments before or after the services, cleaning the church, working with our children and young people or operating the sound desk. We owe a great deal to all those who take on these and many more roles, often unseen, to enable the church to fulfil its vision. Suzy Elliott has continued her work with the children and Chris Dyer with the youth work. both on a part time basis. Prayer In the area of prayer, our desire is for St David's and St Mary's to live out, publicly and pri- vately, our conviction that prayer should be the ntral foundation on which all church ac- tivity is based. The monthly Fellowship Evening continues to take pla to enable both fellowship and prayer for the church and wider world. It meets on the first Wednesday evening of the month. Attendance this year has been around 30 and we join once a quarter with mem- bers of other churches in the North Cotswold Gospel Partnership. 3.3 There is a weekly time of prayer on a Friday morning to commit the work of the church and the parish, into God's hands. Our monthly prayer diary covers areas of our town, our church activities and our mission partners with specific people, events or places to pray for each day Prayer ministry continues to be offered every Sunday morning after the 10:30 am service. This is well received by those who come for prayer. There is currently a team of 12 people. Evangelism In the area of evangelism, we aim for the church to be at the centre of the Moreton and Batsford community with no part of the community untouched and everyone given the op- portunity to hear the good news of Jesus Christ. 4.2 The church was fully involved with the Moreton Christmas market during the planning stages, but sadly the market was postponed due to weather and switch-on of the Christ- mas lights went ahead without a service. Invitation cards to our Christmas services were distributed to homes across Moreton. Our men's group continues to meet, either for breakfast, with a visiting speaker orfor an outing. The breakfast meetings have been well attended, with members of the church bringing friends and neighbours to hear the Christian message from the speaker" in Feb- ruary Rev. Gary Birch, in October Rev. Gareth Griffith. whilst in April the men visited Hook Norton Brewery.
ST. DAVID'S MORETON-IN-MARSH WITH ST. MARY'S BATSFORD PAROCHIAL CHURCH COUNCIL Regular women's outreach events started in December 2023 and have continued roughly every quarter, with four events in 2024. The topics, timing and format are varied, as we try to cater for the interests and availability of different sectors in our church and community. We try to keep the content topical and accessible, the aim being to convey that 'God is good, and Christians are ok,! We are encouraged by the enthusiasm of women at church to attend and invite their friends and by the positive feedback about all the speakers so far- Jacquie Williams (Flying Doctor), Gareth Griffith (Life as an English professor), Suzy Elliott (Taste the dIfferen- Christmas address) and personal testimonies from Helen Evans, Francine Smith and Kat Vaughan (at a card-making afternoon led by Fiona Loomes). At the end of October. a Light Party was held in the church, organized by Suzy Elliott and a very able team, offering children an alternative to engaging with Halloween. It was well attended with a good number of families not otheiSe connected to the church joining us. Instead of our annual open-air carol service in the grounds of St. David's school, we arranged an evening of caroling, with a short talk in each location, in mid-December as an act of witness to residents of Moreton. Our carol service was reimagined and featured a telling of the Christmas message through narration, and music, both performance and car- ols. On Christmas Eve we held a Crib Service for younger children. Service and Mission In the area of service, we aim to enable everyone at St David's and St Mary's to play their part in Servi to the churches and wider community. Several members of the church continue to be involved with the Foodbank at the Congre- gational Hall, and this has proved a great help for many struggling with increasing finan- cial hardship. At the start of December 2022, the church opened a °Wa Space. in the Centre over a Tuesday lunchtime. now re-named Food and Friendship. This aims to pro- vide soup and a roll for those who are cold and hungry. The church seeks to support partners in mission both in the UK and beyond. Financially it has been our practi in rent years to give away approximately 100/0 of our General Fund gift income to support missionary and church societies and relief and development agencies. In the autumn of 2021, Ben Thompson, our former Pioneer Minister, moved with his family to teach at the Evangelical Theological College of Asia (ETC Asia) in Singapore, which trains and prepares men and women for gospel ministry in Singapore, South-East Asia and beyond. The church continues to support him through regular contact and by recetving and paying over donations to support the teaching ministry of ETC Asia. David and Georgina Gray work with Wcliffe Bible Translators whose mission is to communicate the Word of God to people who are still waiting to hear the gospel message in their own language. As well as translation work into Central Asian languages. they are involved in teaching and training, literacy work and community engagement. 5.6 steve and Flor Taylor live in Thailand where Steve is Dean of Bangkok Bible Seminary. The vision of this theological college is to provide Biblically based ministry training for Thai Christians as well as to prepare and equip those called to expository teaching and preaching. M, H and their four children live in a small market town in North Africa. They seek to share God's love and blessing by working with people living in remote villages and encouraging believers in Jesus. A group from the church visited them in April 2023.
ST. DAVID'S MORETON-IN-MARSH WITH ST. MARY'S BATSFORD PAROCHIAL CHURCH COUNCIL Sandy and Kirsten Russell serve among Kurdish people in northern Iraq, especially working on Bible projects. The Bible has recently been translated into Sorani Kurdish and work is ongoing to make the scriptures, and supporting materials, widely available and to engage more deeply with Kurdish people. 5.9 From time to time, the church gives to other mission organisations such as Open Doors, CORD Global and Compassion UK. Funds given to Compassion UK are for sponsorship of a boy called Edward in Tanzania who is supported by Adventurers (Sunday morning children's ministry). 5.10 In 2024 Tom and Sarah Rymer and their four children worshipped with us at St David's for about 8 months. They have served for many years with Operation Mobilisation in various mission contexts. In September they moved to Cairo, where their heart for mission is to serve the Yemeni community and church planting amongst the Yemeni diaspora. They are also supporting other families who are home schooling their children and Tom will be teaching English while studying for a masters qualification. They are not formally adopted as mission partners but various people in the church keep in contact with them and sup- port them. 5.11 There was a World Mission Sunday in September. The aim of this special service was to raise awareness of world mission in general, with a focus on the suffering church. and to give information and updates about each of the mission partners. Link people arranged stands for church members to visit to find out more and to have conversations about the mission work we support. The children also got involved by doing a quiz as they visited the stands and Bridge joined in the mission-focused evening service. Teaching and Worship In the area of teaching, we intend that the Bible will continue to be ntral to all that we do at St David's and St Mary's, that Christ will be"known, loved and taught so that everyone- young and old- will have the opportunity to learn and will be inspired to grow in their faith. With the ongoing absence of our incumbent we have continued to hold a single Sunday morning 10.30 servi. Sermon subjects this year have included the gospel of Luke, an autumn Giving in Grace series and an advent series inspired by famous lines from carols. We are grateful to a number of visiting preachers who have been part of our services dur- ing the year. Our morning Servi continues to be livestreamed. which is welcomed by those who are unable to attend in person. We continued to hold our 6.00pm Servi throughout 2024 but with a summer break. At- tendance has been good, and the more informal structure offers the opportunity for per- sonal testimony. An 8.00am Communion seNice is held at st David's twice a month. At st Mary's Batsford, services are held twice a month, alternating beeen Communion and Morning Worship. During the autumn an evening was held to provide teaching and pre- sent questions related to the Church of England 'Prayers of Love and Faith. which was welcomed by the church and considered to be very helpful. We have continued with the service leading teams established in 2022, meaning that leading and preaching at services is shared by a group. Most of our worship music is now live, including the use of the organ, piano, keyboard and both solo instruments and our or- chestral group.
ST. DAVID'S MORETON-IN-MARSH WITH ST. MARY'S BATSFORD PAROCHIAL CHURCH COUNCIL Fellowship and Pastoral Care In the area of Fellowship, our aim is for everyone at St David's and St MaS to feel that they belong to an extended Christian family within which they can make friends and find support. Home groups have continued to provide fellowship, teaching and support for church mem- bers. Groups are provided with recommended study materials to complement the morning sermon series, although leaders have a considerable degree of autonomy in how they op- erate. Our home groups aim to be places where the members are able to connect with God, through Bible study and prayer, with each other through fellowship and practical support. and with the world around us, by being encouraged in prayer and personal evan- gelism. Friday Club continues on a bNice a month basis to provide a welcome event for many of the retired folk in the community. Whilst attendance is still below pre-covid levels, the team continues to maintain contact with as many members as possible to provide friend- ship. Our local branch of the Mothers Union continues to meet, and we were pleased to enroll three new members during the year. Our Women's Bible Study Group meets weekly in term-time, giving participants an opportunity to share and discuss the scriptures together in an informal environment. Moreton Tots on a Wednesday morning thrives, with a steady stream of parents and carers filling the hall, demonstrating an enormous demand for this type of activity and con- tinuing to provide an opportunity for outreach. Children and Young People We know that children and young people are the future church and to this end we wish to engage with as many young families as possible, looking for opportunities for new groups and developments. For younger children. Sunday Club continues to offer the opportunity to hear and learn about Jesus as the coming King and on a regular and planned basis to have some big topics to discuss. Children attend the first part of our morning service, which often includes a short children's talk and song, leaving then for their separate activities. The years 9-13 youth group, 'Bridge', meets on Sunday evenings during term time to enjoy food together. open the Bible and discuss current topics. often finishing with games. In the autumn. it was decided that we should discontinue the'connect. community youth club for years 7-9, which had been re-established in 2023, as the numbers were not increasing. St David's Church has an excellent relationship with St David's School. We have been able to continue our contact with the school by leading assemblies for their act of collective worship, working with a group of 11 children on a regular basis who help to lead assemblies. We have continued our "Open the Book" (OTB) work with the school and are extremely appreciative of the members of the OTB team who visit on a weekly basis. We welcomed several of the children into church for a harvest servi, a Christmas service and an end of year service. 10
ST. DAVID'S MORETON-IN-MARSH WITH sr. MARY'S BATSFORD PAROCHIAL CHURCH COUNCIL St David's Centre The Centre continues to be a resource much valued by our church members whilst also providing outreach to the wider community, enabling links with a range of external organisations to be created and maintained. Church activities include our children's and youth groups, Friday club and our monthly prayer groups. We wish to record our thanks to the Management Committee for their continued faithful stewardship of the Centre. Safeguarding 10 10.1 The PCC have adopted the House of Bishops Promoting a Safer Church, safeguarding policy statement, and our child protection and vulnerable adults. policies are available at the back of St David's Church and on the church website for review by any member of the church. The following substantive measures are included in these policies. Everyone involved in work with children and young people and vulnerable adults at st David's is made aware of the PCC'S child protection and vulnerable adult policies. Details of all persons regularly involved in work with children and young people at St David's are checked for DBS clearance. The PCC are to be informed of the names of those who work with children, young people and vulnerable adults at St David's, and are notified of any changes. The PCC ensures all those involved in work with children, young people and vulnerable adults completed neSSary safeguarding training and this is monitored by the Parish Safeguarding offir. Sharon Squires as the Designated Safeguarding Lead. is the person to whom all cases of suspected or alleged abuse are reported. The Children's and Youth Worker have been responsible to the PCC for implementing and moni- toring St David's Child Protection Policy. No cases of suspected or alleged abuse were reported during the year. The PCC has recently reviewed its arrangements and satisfied itself that the St David's Church Child Protection Policy, and Vulnerable Adults Policy are appropriate and operating effectively. Safeguarding is on the agenda of every PCC to en- sure we are doing all we need to do. All members of the PCC have completed the online training from the diocese entitled 'Raising Awareness of Domestic Abuse.. 10.2 The PCC has complied with its duty under section 5 of the safeguarding and Clergy Disci- pline Measure 2016, being a duty to have regard to the House of Bishops, guidance on safeguarding children and vulnerable adults. 11 Financial Review 11.1 General Fund We are pleased to report that the general fund ended the year with a surplus of £6.329 (2023 £6,364). This is a very sound position and remains due to the continued generous level of both regular giving and donations from the congregation despite the difficult economic situation. Around 75 % of regular giving is through the Parish Giving Scheme, which continues to simplify our Gift Aid arrangements. Overall income to the general fund amounted to £188,282 (2023 £211.541). Regular giving dropped from £182,836 in 2023 to £156,905 with a major donor moving away mid-year. Regular giving increased towards the year end, particularly after the Giving in Grace sermon series.
5T. DAVID'S MORETC)N-IN-MARSH WITH ST. MARYS BATSFORD PAROCHIAL CHURCH COUNCIL Total expenditure amounted to £181,918 (2023 £199,738). Within this, staff costs and expenses charged to the general fund amounted to £56,333 (2023 £73,645). These were offset by the transfer of £27,078 (2023 £15,156) from restricted reserves in respect of members of the Staff Team and our Youth and Children's Work. The PCC paid Parish Share of £99,576 (2023 £99,580). Three transfers were made out of the general fund, £4,000 to the Centre trading to address the trading shortfall, £4,000 to the building fund to ring fence funds required in response to the 2024 Quinquennial report and £2.000 to the evangelism fund in anticipation of a future mission. Given the decrease in regular giving, the PCC took the decision to not recruit a full time Youth and Children's worker, instead appointing a part time worker, this prudent decision helped the General fund remain in surplus despite the lower regular giving. The increase in regular giving following the Giving in Grace sermon series means that a full-time posÈtion. possibly a Youth and Children's worker. could be appointed later in 2025. 11.2 Designated Funds Designated funds are unrestricted funds that the PCC has set aside for a particular purpose. Designated funds remain unrestricted and can be moved to other general funds if the PCC so decides. These relate to the Church Centre, Bookstall and General Reserve (see Note 9 to the financial statements). For St David's Centre, lettings income of £22,233 was above the previous year figure of £19,123, however the previous year benefited from a generous donation, so overall designated income was at a similar level as 2023, at £24,403. Expenditure before depreciation was £28,105 (2023 £21,108), with higher utilities and maintenance costs (lights in main hall) in 2024. There was an overall loss of £3,702 before depreciation of £4.612. compared to a surplus of £3,092 in 2023. The total balance on the Designated Funds stood at £429.303 as at 31 Dember 2024 (2023 £433,617). Of this total. £366,402 (2023 £371,012) relates to the net book value of land, buildings, furniture, fittings and equipment at St David's Church Centre {Note 6). 11.3 Restricted Reserves Restricted Reserves are funds restricted by the donor for a particular purpose and cannot be used by the PCC for any other purpose. unless determined by the Courts or the Charity Commission or with the approval of the donor. They cannot be used to meet other expenses of the Church. Other giving in 2024 was down, however this was due to a very generous donation of £80,000 in 2023 to fund the Parish Minister role. The Restricted Reserves have been grouped into funds relating to the different areas of our ministry (see Notes 1.2 and 10). The total balan on the Restricted Reserves stood at £199,824 as at 31 Dember 2024 (2023 £196,682). The main increase in Restricted Funds was the St Davids fabric fund, which benefrted from a £4,000 transfer from the General fund, in advance of anticipated repairs required by the quinquennial inspection. Other restricted funds were broadly similar year on year, with income matching expenditure. The regular giving into the ETC Asia reserve supports the work of the Evangelical Theological College of Asia in Singapore to which Ben Thompson, our former Pioneer Minister, moved with his family in 2021. 12
ST. DAVID'S MORETON-IN-MAR5H WITH ST. MARY'S BATSFORD PAROCHIAL CHURCH COUNCIL 11.4 Reserves Policy As at 31 Dember 2023, the total of General Fund and Designated reserves (excluding the reserve for the Centre land and buildings) amounted to £133,855 (2023 £128,900). With General Fund expenditure of £181,918 in 2024, (on average £15.159 per month), the reserves amounted to 8.8 months, liquidty, marginally better than the policy of the PCC (Note 1, paragraph 1.7). Adherence to Public Benefit 12 The Trustees have complied with their duty to have due regard to the guidance on public benefit published by the Charity Commission in exercising their powers and duties. Examples of this public benefit can be found in other parts of this report. The Charity constitutes a public benefit entity as defined by Financial Reporting Standard 102. Adopted by PCC on...L*........... Signed Vice Chair of PC 13
ST. DAVID'S MORETON-IN-MARSH WITH ST. MARY'S BATSFORD PAROCHIAL CHURCH COUNCIL STATEMENT OF PCC RESPONSIBILITIES The Charities Act 2011 and the Church Accounting Regulations 2006 require the members of the PCC to prepare financial statements for each financial year which give a true and fair view of the affairs of the PCC for the year then ended. In preparing those financial statements, the members of the PCC are required to: Select suitable accounting policies and apply them consistently. Make judgements and estimates that are reasonable and prudent. and Prepare the financial statements on a going conrn basis unless it is inappropriate to presume that the PCC will continue in operation. The members of the PCC are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the PCC and to enable them to ensure that the financial statements comply with the Charities Act 2011 , the Church Accounting Regulations 2006 and the Charities Statement of Recommended Practice (SORP - FRS 102). They are also responsible for safeguarding the assets of the PCC and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Vice Ir of PCC Churchwarden Date 4 Date 14
ST. DAVID'S MORETON-IN-MARSH WITH ST. MARWS BATSFORD PAROCHIAL CHURCH COUNCIL Independent Examlner's report to the PCC of St David's Moreton-in-marsh with St Mary's Batsford This report on the accounts of the PCC for the year ended 31 December 2024, which are set out on pages 16 to 28, is in respect of an examination carried out in accordance with the Church Accounting Regulations 2006 ("the Regulations.) and Section 144 of the Charities Act 2011 ('Ihe Acr.). Our report is made solely to the members of the PCC, as a body, in accordance with the Regulations and the Act. Our work has been undertaken so that we might state to the members of the PCC those matters we are required to state to them in an independent examinerfs report and for no other purpose. To the fullest extent possible by law, we do not accept or assume responsibility to anyone other than the PCC and its members. as a body. for our work or for this report. Respective responsibilities of the PCC and examiner As members of the PCC you are responsible for the preparation of the accounts. you consider that the audit requirement of the Regulations and section 144(2) of the Act do not apply. It is our responsibility to issue this report on those accounts in accordance with the terms of the Regulations. Basis of independent examinerfs report Our examination was carried out in accordan with the General Directions given by the Charity Commission under section 145(5)(b) of the Act and to be found in the Church guidance, 2006 edition, issued by the Finance Division of the Archbishops, Council. That examination includes a review of the accounting records kept by the PCC 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 you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently we do not express an audit opinion on the view given by the accounts and the report is limited to those matters set out in the statement below. Independent examinerfs statement In connection with our examination. no matter has come to our attention.. 1. Which gives us reasonable cause to believe that in any material respect. a. the requirements to keep accounting records in accordance with section 130 of the Act and b. to prepare accounts which accord with the accounting records and comply with the requirements of the Act and regulations have not been met. 2. To which, in our opinion, attention should be drawn to enable a proper understanding of the accounts to be reached. an Icol ell FCCA CTA A ull Pens, Sezincote -marsh GL56 9AW Old I JLi- 15
ST. DAVID'S MORETON-IN-MARSH WITH ST. MARYS BATSFORD PAROCHIAL CHURCH COUNCIL INCOME AND EXPENDITURE ACCOUNT (INCLUDING STATEMENT OF FINANCIAL ACTIVITIES) FOR THE YEAR ENDED 31 DECEMBER 2024 UNRESTRICTED FUNDS RESTRICTED TOTAL 2024 TOTAL 2023 FUNDS General Fund Deslgnated Funds Notes INCOMING RESOURCES Voluntary In¢ome Regular Giving Regular Gift Aided Giving Tax Recoverable Regular Non Gift Aided Giving Totsl Regular Giving 113.751 28,438 14,716 156.905 20,241 133.992 33.499 30,614 198,105 158,672 39.668 29.218 227,558 41,199 Other Giving Ad Hoc Donations Collections Special collections Income Tax Recoverable on other giving Grants Received Income from Charitable Activities Baptism, Wedding, Funeral Fees Church lettings Centre lettings Events charges Subscriptions Investment Incorne Bank Interest Dividend income other Incoming Resources MislIaneOUS Income Totsl Incoming Resources 6,490 4,943 300 25.519 32.309 4.943 91,159 5,660 11,000 21.969 8,201 2,795 1.311 11,186 4,106 11.733 547 6.283 260 6.283 260 22.233 3.921 L1.773 6.522 60 19.123 752 2.455 22,233 438 3,483 1,773 8.939 1,323 10.262 260 4,999 260 1.229 188,282 3.885 88,616 5.114 301,301 14,267 413,933 24,403 Totsl Resources Expended 181,918 32.717 81,681 296,316 301,208 Net gainsllosses on Inveslments 171 171 Net movement for the year before transfers 6,364 {8,314) 7,106 5.156 113,371 Transfers between funds From General Fund to Designated Funds From General Fund to Restricted Missions Fund From General Fund to other restricted Funds From Restricted Fund5 to General Fund (4,CKIO) {17,1131 {6.0(Xil 27,078 4,000 17.113 6,000 127.078) Net movement for the year 6,329 14,314) 3,141 5.157 113.371 Balances bought for•vard 71,337 433,617 196.682 701.636 588,265 Balances carried forward 77,667 429,303 199.824 706,793 701.636 16
ST. DAVID'S MORETON-IN-MARSH WITH ST. MARY'S BATSFORD PAROCHIAL CHURCH COUNCIL RESOURCES EXPENDED FOR THE YEAR ENDED 31 DECEMBER 2024 UNRESTRICTED FUNDS RESTRICTED TOTAL 2024 TOTAL 2023 FUNDS General Designated Fund Funds Notes Charitable Activities Missionary and Charitable Giving Overseas Missionary Societies Home Missions and Church Societies Relief and Development Agenc¢es Other Charities Mtnistry Salarie5, Benefits and Expenses Diocesan Parish Share Slaff Salaries, Pensions, Expenses & Benefils Running Expenses Church and Centre Utilities Church and Centre Insurance Church and Centre Maintenan Upkeep of ServicEs Other Activities Fees payable to the Di0Se Church Groups Church Eventslcourses Training Miscellaneous Expenses Capital Expenditure New /Replament Fumiture & Equipment Depreciation Costs of Generating Funds Planned Giving Envelopes Governance and Support Independent Examinerfs Fees Communicalionslmarketing Administration 65,403 250 2.350 20 65,403 250 2,350 65 40,740 13,875 1,216 270 45 99,576 99,576 99.580 14 56,333 9,631 65.964 83.724 2.780 5,878 1,807 2,607 8,583 2.090 4.902 11,362 7,968 8.330 2,607 6.971 7.587 7,201 3.128 1,621 2,010 2,010 5.370 1.714 873 6.985 1.562 1.978 594 5,370 1,334 381 873 2,004 1.012 3,970 17,066 897 4,612 897 7,019 1,391 7,038 2.122 286 840 2.230 2.433 1.680 2,381 3,511 1,600 1,403 4,324 151 1,078 Total Resources Expended 181918 296 316 301208 17
ST. DAVID'S MORETON-IN-MAR5H WITH ST. MARY'5 BATSFORD PAROCHIAL CHURCH COUNCIL BALANCE SHEET AS AT 31 DECEMBER 2024 UNRESTRICTED FUNDS RESTRICTED TOTAL 2024 TOTAL 2023 FUNDS Designated Funds Notes General Fund Fixed Assets Tangible Fixed Assets 2,692 366,402 276 369.370 375.811 Investments COIFMIM1 CAP COIFMIM2 CAP COIFtB CAP Total Fixed Assets 1.989 5,365 382 8,012 1,989 5,365 382 377.105 5,246 373 383,375 2,692 366,402 Current Assets Debtors Sundry Debtors 3.563 2,806 2,343 8,712 5,977 Short term deposits CBF Deposit Account- Church CBF Deposit Account- Centre 37,216 140.000 177,216 26.251 168,284 24,928 26.251 Cash at Bank and in Hand Lloyds- Church Lloyds- Centre Cash in Hand 36.823 2.751 35.261 18.675 38.216 58,249 73,477 90 66,772 63,518 139 90 i& Total Current Assets 77,692 67.069 199.234 343,995 329,618 Current Liabilities Creditor5 Sundry Creditors VAT Payable Total Current Liabilities {2,7181 13.392) 777 14,169) (7.421) (13,531 } 777 114.307) 110,8481 509 111.357) (2,7181 (7,4211 Net Current Assets 74,974 62,900 191,813 329,688 318.261 Total Assets 429.303 199.824 706 793 701.636 Flnanced by: Current Year Net Movements Balances brought for4vard 01.01.24 Balances carried forward 31.12.24 6,329 71,337 77.667 (4,314) 433,617 429.303 3,141 196,682 199.824 5,157 701,636 706,793 113,271 588,265 701,636 Vic Chair o cc Churchwarden Date 4+r Date 18
ST. DAVID'S MORETON-IN-MARSH WITH ST. MARY'S BATSFORD PAROCHIAL CHURCH COUNCIL Notes to the Financial Ststements - Year ended 31 December 2024 1. Basis of Accounting 1.1 Accounting Policies The Financial Statements have been prepared under the historical cost convention and 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 on 16 July 2014 and the Charities Act 2011. The Charity meets the definition of a public benef entity under FRS 102. The accounts include all transactions, assets and liabilities for which the PCC is responsible in law. They do not include the accounts of church groups that owe their main affiliation to another body or those that are informal gatherings of church members. 1.2 Funds a. General Funds General Funds represent the funds of the PCC that are not subject to any restrictions regarding their use and are available for the general purposes of the PCC. Unless specified otherwise all money received by the PCC is put into the General Fund. b. Designated Funds The PCC may decide to put some of the General Fund money aside in other funds for use in the future. This money is "designated. for these particular purposes. The money is "designated" for administrative purposes only. Designated funds are still unrestricted and can be moved to other general funds (re-designated or un-designated) if the PCC so decides. The purposes of the Designated funds are: Centre Trading This fund shows the net book value of the St David's Cenlre (land, property, fvrnÉture and equipment) together with income and expenditure incurred in respect of running the Centre. Bookstall This fund shows income and expenditure incurred in respect of the Bookstall. Centre Reserve For major repairs, emergency repairs, excess of expenditure above budget when approved by the PCC and to cover year- end deficits General Reserve For major repairs, emergency repairs, excess of expenditure above budget when approved by the PCC and to cover year- end deficits. 19
ST. DAVID'S MORETON-IN-MARSH WITH ST. MARWS BATSFORD PAROCHIAL CHURCH COUNCIL c. Restricted Funds The PCC also receives money which has been given for a particular purpose. These are sums restricted by the donor for a particular purpose and cannot and must not be used by the PCC for any other purpose unless determined by the Courts or the Charity Commission or with the approval of the donor. The purposes of the Restricted funds are: Minis Ministry Team For the salary, benefits. expenses and training of the Ministry Team. Youth and Children's Worker For the salary, benefits, expenses and training of the Youth and Children's Worker. Buildin St David's Fabric For the maintenance of the fabric of St David's Church and particularly for the work required to implement the recommendations of the five-yearly architectural inspection and report. St Mary's Fabric For the maintenance of the fabric of St Mary's Church and particularly for the work required to implement the recommendations of the five-yearly architectural inspection and report. Bell Tower For repairs and Maintenan of the bell tower at St David's Church. Mission For Missions For the overseas and home missions and relief and development agencies supported by the PCC. North Cotswolds Gospel Partnership For expenses on future activities and talks to reach out and bless the Cotswold community, with any balances carried forward from one event to the next similar one. Evangelism For expenses associated with running local evangelistic missions including Christianity Explored. Christians Against Poverty (CAP) For the future setting up of a debt counselling service. Evangelical Theological For support of the teaching ministy of the College. College of Asia Children and Youth Children For equipment, reSoUrS and funding of events for children such as Sunday Club and Mums and Tots. 20
ST. DAVID'S MORETON-IN-MARSH WITH ST. MARY'S BATSFORD PAROCHIAL CHURCH COUNCIL Youth For equipment, resources and funding of events for young people such as Rooted and Bridge Seniors For equipment, resources and funding of events for people of retirement age including Friday Club. Retreat Weekend For resources and funding of events to support discipleship of the Church family including the weekend away. Other restricted funds For others Funds temporarily held by the PCC such as funeral fees and expenses. Rectorfs discretion For use as the Rector considers appropriate 1.3 Fixed Assets Consecrated property and moveable church furnishings Consecrated and beneficed property of any kind is excluded from the accounts by the Charities Act 2011. Moveable Church furnishings held by the Rector and Churchwardens on special trust for the PCC and which require a faculty for disposal are accounted as inalienable property unless consecrated. They are listed in the church inventories which can be inspected at any reasonable time. For inalienable property acquired prior to 2000 there is insufficient cost information available and therefore such assets are not valued in the accounts. Land and Buildings On 28 March 2002, the PCC purchased the St David's Centre for £144,000 plus fees and expenses from Gloucestershire County Council. The purchase was registered in the name of The Gloucester Diocesan Trust as Custodian Trustee. The Council has registered a fixed charge amount of £36,000 for 25 years should the PCC dispose of the property or should it no longer be available for the sole purpose of delivering recreational facilities to Moreton in Marsh and the district. A major project to re-instate the Centre after the floods of 2007, and to further develop it. was undertaken in the period 2007-2009. The costs of redevelopment in the period (£317,000) have been added to the cost of the building and depreciation has been charged on the total at 1 % per annum. The total redevelopment cost is thus written off over 100 years (see Note 6). other furniture, fixtures and equipment Equipment used within the Church and Centre premises is depreciated on a straight-line basis over 4 years. 21
ST. DAVID'S MORETON-IN-MARSH WITH ST. MARY'S BATSFORD PAROCHIAL CHURCH COUNCIL 1.4 Investments The money held for future work with Christians Against Poverty (CAP) is invested in 3 Col F Charities Investment Fund Accounts which relate to funds taken over by the PCC from two redundant charities. The PCC operates a deposit account with the Church of England Central Board of Finance, managed by CCLA Investment Management Ltd, which for the amounts available pays interest at a more competitive rate than those rates available from banks, building societies or the Charities Aid Foundation. Interest and dividends are accounted for when received. 1.5 Current Assets Current Assets comprise: Amounts owing to the PCC at 31 December in respect of fees, rents, prepayments or other income. These are shown as debtors (Note 7). Short-term deposits including cash held on deposit with the Church of England Central Board of Finance. 1.6 Income and Expenditure Recognition Voluntary Income Collections are recognised when received by or on behalf of the PCC. Planned giving receivable under Gift Aid is recognised only when claimed. Grants and legacies to the PCC are accounted for as soon as the PCC is notified of its legal entitlement. the amount due is quantifiable and its ultimate receipt by the PCC is reasonably certain. Income for Charitable Activities Rental income from the letting of church premises and for St David's Centre is recognised when the rental is due. Funds raised by events are accounted for gross as are sales of books and cards. Grants Grants and donations are accounted for when paid over. Parish Share The Diocesan Parish Share is accounted for in the period to which it relates. 1.7 Reserves Policy The PCC has a policy relating to the General Fund Reserve and the Designated Centre and General Reserves under which an amount equivalent to approximately 6 month's expenditure is to be retained as a General Reserve, to be used for major repairs, emergency repairs. excess of expenditure above budget (when approved by the PCC) and to cover year-end deficits. Vvhen depleted, this Reserve is to be topped up from year- end surpluses not required for other purposes or by a specific amount included in the budget. 22
ST. DAVID'S MORETON-IN-MARSH WITH ST. MARY'S BATSFORD PAROCHIAL CHURCH COUNCIL 2. Grants Grants cover external grants received from trusts and other funding bodies either for the PCC General Fund or for a restricted purpose. The following grants were received in 2024". Grant Making Body Purpose 2024 2023 Edith Mann Children & Youth 455 Listed PlaS of Worship Friends of St Mary's Groves Trust Batsford 198 Batsford 988 Youth Worker 10,000 Dulverton Trust Youth 5.000 2.096 650 Gloucester Diocese Energy Grant General Gloucester Rural Warm Space Evangelism Moreton in Marsh Charity Centre 547 11.733 8,201 3. Bookstall Although there was no bookstall trading income, £477 of costs relating to printed outreach were incurred in the year, so the year-end balance was £1.718. 4. Missionary and Charitable Giving Gifts were made as follows: 2024 2023 4.1 Overseas Missionary Societies Church Mission Society Operation Mobilisation Open Doors Taylors in Thailand Wycliffe Bible Translators Middle East Christian Outreach Evangelical Theological College of Asia 6.000 2,000 2,000 1,000 2,500 2,000 2,500 2,000 2.500 2.000 47,903 26,700 7.000 65,403 40,700 4.2 Home Missions and Church Societies Church Army Kingham Hill Trust- Oak Hill College Church Society 1.000 12,875 250 250 13,875 23
ST. DAVID'S MORETON-IN-MARSH WITH ST. MARY'S BATSFORD PAROCHIAL CHURCH COUNCIL 2024 2023 4.3 Relief and Development Agencies Cord Global Care (Sunday Club) Compassion 2,000 126 224 2,350 1,000 216 1,216 4.4 Other Charities Gloucestershire Bellringers Deanery Synod Royal British Legion Poppy Appeal Church Society 20 20 25 20 250 270 65 5. Insurance On 31 December 2024, Sl David's Church, St Mary's Church and St David's Centre were insured with Ecclesiastical Insurance Group as follows: St David's Church St Mary's Church St David's Centre Building and Contents 15,290,000 9,980.000 2.130,853 Consequential Loss 100,000 100.000 100,000 Public Liability 10.000,000 10,000,000 10,000,000 Employers Liability 10.000,000 10,000,000 10,000,000 24
ST. DAVID'S MORETON-IN-MARSH WITH ST. MARVS BATSFORD PAROCHIAL CHURCH COUNCIL 6. Tangible Fixed Assets Bell Centre St David's St Mary's Tower Furniture Furniture Furniture Furniture Fixtures & Fixtures & Fixtures & Fixtures & Equipment Equipment Equipment Equipment Total Centre Freehold Land & Buildings Cost At 01101124 Additions 461,166 69,471 70.881 579 71,460 3,714 2.682 607.914 579 2,682 608,493 At 31112124 461,166 69,471 3,714 Depreciation At 01101124 Charge for the year At 31112124 90,154 69,471 66.645 3,714 2,120 232,104 4,612 94,766 2,122 68,767 286 7,019 2,406 239,123 69,471 3,714 Net Book Value At 31112124 366,400 2,693 276 369.370 At 31112123 371.012 5,057 562 375,811 7. Sundry Debtors Sundry debtors totalled £8,712 at 31 December 2024 (2023 £5,977) broken down as follows: 2024 2023 Gift Aided claims to HMRC Prepayments and other debtors 4,334 4,378 3,115 2,862 8,712 5,977 25
ST. DAVID'S MORETON-IN-MARSH WITH ST. MARYS BATSFORD PAROCHIAL CHURCH COUNCIL 8. Sundry Creditors Sundry creditors totslled £13,531 at 31 December 2024 (2023 £10,848) broken down as follows: 2024 2023 Accrued expenses Prepayments of income and other credstors 2,860 10,670 13,531 2,698 8,150 10,848 9. Designated Funds Balance at 111124 Incoming Resources Funds Resources expended Transfers Balance at 31112124 Centre Trading Bookstall Centre Reserve General Reserve Total Designated Funds 376,054 2,195 15,368 40,000 433.617 24,403 (31,343) (478) (897) 4,000 373.114 1,717 14,471 40,000 4.000 429.303 24,403 32,717 10. Restricted Funds Balan at 111124 Incoming ReSoUrS Resources expended Funds Transfers Balance at 31112124 Ministry Team Youth & Children's Worker Total Ministry 83,165 5,385 (18.500) 70,049 18,756 101,921 24,087 29.472 8,578 27,078 34,265 104,315 St David's Fabric St Mary's Fabric Bell Tower Total Buildings 26.290 58 2,301 28,649 158 1,186 583 4,000 30,133 58 2,361 32,552 1,186 1,829 4.000 For Missions N C Gospel Partnership Evangelism ETC Asia Christians against Poverty Total Mission 17,728 918 6,953 21,974 17,113 200 1,800 12,867 1,318 7,561 200 1,436 45,902 2,628 45,902 11,478 37,076 1,631 49.169 13,109 34,855 70,504 19,113 26
ST. DAVID'S MORETON-IN-MARSH WITH ST. MARYS BATSFORD PAROCHIAL CHURCH COUNCIL Children & Youth Total Children and Youth 7,982 1,773 2,059 7,696 7.982 1.773 2,059 Groups Seniors Retreat Weekend Total Groups 5,686 6,556 12,242 2,609 3,257 5,038 6,556 2.609 3,257 Others For Others Rector's Discretion Total Others 3,935 3,935 8,812 8,812 3.935 3,935 Total Restricted Funds 196,682 88,787 81,681 3,965 199,824 11. Capital Commitments At the year-end there were no capital commitments. 12. Contingent Liabilities There is a Contingent Liability of £36,000 for 25 years from 27 March 2002 payable to Gloucestershire County Council, from whom the Centre was purchased (see note 1.3 and 6}. 13. PCC Members and other related parties No payments were made to other related parties. 14. Staff costs and employee benefits: The average number of staff employed by the PCC in 2024 was 6 (2023: 6). No employee received benefits (excluding employer pension costs) of more than £60,000. Total employee costs in 2024 amounted to £65,964 (2023: £83,724). 2024 2023 Wages and salaries - Church Wages and salaries - Centre Employers Pension - Church Employers Pension - Centre Other benefits Payroll fees 54,240 9,251 1,226 172 226 851 65,172 9,183 3,040 193 5.456 679 65,964 83,724 27
ST. DAVID'S MORETON-IN-MARSH WITH ST. MARWS BATSFORD PAROCHIAL CHURCH COUNCIL 15. Disclosure of trustees, muneratIon and benefits During the year, one employee was a member of the PCC by virtue of their appointment by the Annual General Meeting of the church to membership of the North Cotswold Deanery Synod. For this individual, the date of their employment preceded the date of their appointment to the North Cotswold Deanery Synod. Their remuneration does not cover any work done in their capacity as members of the PCC. There were no payments made to PCC members (or to entities controlled by PCC members) apart from direct reimbursement of expenses incurred on behalf of the PCC. 28