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2024-12-31-accounts

HOLY TRINITY

Ashby de la Zouch

Parochial Church Council of Holy Trinity Church, Ashby De La Zouch

Receipts and Payments accounts for the year ended 31[st] December 2024

Overall Summary 2024.

Receipts
Note
Total 2024
General
Fund
Designated
Funds
Restricted
Funds
Total 2023
Planned Giving
1
All Other Giving/Voluntary Receipts
2 & 3
Gif Aid Recovered
4
Actvites for Generatng Funds
5
Income from Investments
6
Job Retenton Scheme
8
Shared Expenses
7
Wedding and Funeral net Income
9
CAP Income (Personal Donatons)
R1
CAP Income (Other Donatons)
R1
Foodbank Income
R2
Hall Income
R3
69,252
0
0
69,252
11,129
100
4,350
15,579
21,945
25
68
22,038
3,851
0
0
3,851
0
0
0
0
0
0
0
0
0
0
0
0
0
4,626
0
4,626
0
0
12,520
12,520
0
0
11,636
11,636
0
0
42,213
42,213
0
15,262
0
15,262
71,684
13,242
18,696
4,971
0
0
52
7,393
12,917
14,797
34,667
21,996
Total Receipts £ 106,177 £ 20,013 £ 70,787 £ 196,977 £ 200,415
Payments
Note
Total 2024 Total 2023
General
Fund
Designated
Funds
Restricted
Funds
Total 2024 Total 2023
General
Fund
Designated
Funds
Restricted
Funds
Charitable Giving
10
Church Actvites
11
Church Admin expenses
12
Church Building Expenses
13
Parish Contributon
Stafng Costs
14
PCC Designated Accounts Exp.
15
PCC Restricted Accounts Exp.
16
CAP Expenditure (Stafng)
R1
CAP Expenditure (Operatons)
R1
CAP Expenditure (Emergency Aid)
R1
Foodbank Expenditure
R2
Hall Expenditure
R3
9,850
0
0
9,850
5,817
0
0
5,817
4,824
0
0
4,824
9,453
0
0
9,453
58,585
0
0
58,585
23,547
0
0
23,547
0
227
0
227
0
0
4,015
4,015
0
0
19,283
19,283
0
0
7,776
7,776
0
0
139
139
0
0
24,382
24,382
0
9,516
0
9,516
9,749
5,693
6,353
21,799
58,000
24,672
228
9,900
15,869
8,249
80
17,304
9,877
Total Payments £ 112,076 £ 9,743 £ 55,595 £ 177,414 £ 194,952

Net Movement in year -£ 5,899 £ 10,270 £ 15,192 £ 19,563 £ 10,071

Page 1

HOLY TRINITY

Ashby de la Zouch

Statement of Assets and Liabilities at the end of the period.

Accounts Balance Balance
Dec-24 Dec-23
Current Accounts 213,649 194,038
Totals £ 213,649 £ 194,038

Net Fund Movements in 2024.

HTA Account Balance
Forward
Receipts
Payments
Transfers
Net
Change
Carried
Forward
General fund 1,429 106,177
112,076
-110
-6,009 -4,580
Restricted - PCC
Church Building
Ashby Clothes for Children
Childrens work in church
Flower fund
Alpha fund
Soul Café
Tiny Tots
Audio Visual Equipment
Pathways café
The Garden room
MDMC
AgencyCollectons
3,789
181
564
333
225
70
238
135
124
374
113
90
120
135
110
0
0
0
0
0
0
0
0
0
0
435
0
0
0
0
0
0
0
13
223
0
893
295
0
523
654
0
0
0
0
2,868
2,273
0
95
0
0
0
-435
0
0
-210
598
-131
0
595
3,884
181
564
333
-210
70
238
-75
722
243
113
685
Designated - PCC
General Reserve
Wedding & Funeral Net income
Church Hall
Bequests
Vicars Discretonaryfund
10,000
1,959
15,724
0
-524
0
0
0
7,898
3,272
0
15,262
9,516
0
0
0
0
125
227
0
0
4,626
5,746
0
-102
10,000
6,585
21,470
0
-626
Restricted - Other
CAP Ashby
CAP Fresh Start
CAP Emergency Aid
ACTS 435
Ashby Foodbank
22,156
450
971
269
135,416
20,486
23,360
75
0
0
0
0
139
-336
3,670
3,699
261
42,213
24,382
0
-2,799
0
-475
232
17,831
19,357
450
496
501
153,247
Totals £ 194,087 £ 200,248 £ 180,686 £ - £ 19,562 £ 213,649

Page 2

HOLY TRINITY

Ashby de la Zouch

Notes relating to Designated and Restricted Funds

Restricted PCC Funds

Church Building Money reserved for church re-decoration and improvements. Ashby Clothes for Children Fund to help provide clothes for Families with Children in need. Children’s Work in Church Fund to support children’s work in church. Flower fund Donations and expenditure relating to flowers in church. Alpha fund Donations and expenditure related to the running of the Alpha course in church. Soul café Monthly gathering for Women during term time offering fellowship and support.

Tiny Tots A Weekly parent and pre-school group meeting in church. Audio Visual Equipment Maintenance and purchase of Audio / Visual and Internet (On-line church) related equipment. Pathways café A café offering support in church open to all. The Garden Room A new project to develop a Garden/allotment adjacent to Church open to everyone to contribute.

MDMC Make Do Mend and Create – A group committed to recycle clothing wherever possible.

Agency collections A temporary holding fund for collections made in church on behalf of other organisations. This would normally be at zero as payments are made ASAP to the organisation involved. There is a small surplus this year awaiting the decision of the benefactor and also some outstanding payments to organisations collected for.

Designated PCC Funds

General Reserve The church reserve fund. This has been held at £10,000 in 2024. Wedding and Funeral Net Income Net Income from Weddings and Funerals to be used by the PCC. Church Hall Net income from the Church Hall. Vicars Discretionary Fund Money allocated to the Vicar to give in food and provisions to those arriving at the Church in need.

Bequests A Fund in which to place Bequests so they can be spent on meaningful projects, rather than General spending.

Page 3

HOLY TRINITY

Ashby de la Zouch

Restricted Other

CAP Ashby CAP ‘general spending’ fund used for salaries and expenses. CAP Emergency Aid Emergency Aid provided to CAP clients. CAP Fresh Start CAP fund for providing one-off payments to clients – Debt aid – not used in 2024. ACTS435 A Fund used by CAP for assistance to clients in purchasing essential items. Ashby Foodbank Foodbank ‘general spending’ fund used for salaries and expenses.

Assets and Liabilites of the Church at end 2024.

Assets

Money is owed to the church for the following: Unpaid invoices:5 ‘Consent to perform’ references C00312,313,314,315,316 each for £230.45 Grand total :- £1152.25.

Liabilities

Money is owed by the church for the following:

Agency fund:£506.05 owed to the Children’s Society for the Christingle service collection. £95.90 owed to SHARP from Christmas collection. £69.06 collected for TLG. Grand total :- £671.01.

Summary of Total Fund Movements by Organisation in 2024.

HTA Account Balance
Forward
Receipts
Payments
Net
Change
Carried
Forward
Church 34,824 133,879
129,106
4,773 39,597
CAP 23,846 24,156
27,198
-3,042 20,804
Foodbank 135,416 42,213
24,382
17,831 153,247
Totals £ 194,086 £ 200,248 £ 180,686 £ 19,562 £ 213,648

Page 4

HOLY TRINITY

Ashby de la Zouch

Church spending by activity in chart form.

----- Start of picture text -----
£9,850 9%
£23,547 21%
£5,817 5%
£4,774 4%
£9,453 8%
----- End of picture text -----

----- Start of picture text -----
Charitable Giving
Church Activities
Church Admin.
Church Building
Parish Contribution
Staffing Costs
----- End of picture text -----

----- Start of picture text -----
£58,585 52%
----- End of picture text -----

Note: The largest expenditure is the Parish Contribution, followed by Staffing costs, Charitable giving, Church Building, Church Activities, Church Admin and neglegible other costs.

Page 5

HOLY TRINITY

Ashby de la Zouch

Notes to the Accounts

General Notes

  1. The financial statements of the PCC have been prepared in accordance with the Church Accounting Regulations 2006 using the Receipts and Payments basis.

  2. The activities of the Church Hall, CAP Ashby and of Ashby Foodbank have been aggregated with the PCC accounts.

  3. Fixed Assets, consecrated and benefice property are not included in the accounts in accordance with section s.96(2)(a) of the Charities Act 1993.

  4. The Church Hall and associated land are not included in the accounts as assets since ownership is unclear and there is no available valuation at the time of preparation of this report.

  5. 2023 figures are provided only for comparison by the PCC with the current year.

Funds

Notes.

The money held in the Bank across all accounts totals £213,649 at 31/12/2024. This agrees with the total across all in funds on page 2. A correction of £50 write-down has been entered in table 12 under ‘Church Admin expenses’ to account for a long standing difference arising when the account package ‘Expense-Plus’ was introduced.

Reserves Policy: It has been agreed by the Church PCC to maintain a reserve of roughly 10% of the General fund income. This equates to £10,000 for 2024 and currently stands at £10,000 . The reserve fund is intended only for emergency spending i.e. urgent building repairs or cash flow problems.

Page 6

HOLY TRINITY

Ashby de la Zouch

Notes on Receipts

1. Planned Giving

Category 2024 2023
Planned Giving (STO) 55,312 57,645
Planned Giving (PGS) 11,690 13,039
Planned Giving (Env) 0 0
Planned Giving (xGA) 2,250 1,000
Totals £ 69,252 £ 71,684

Regular weekly, monthly or quarterly donations.

“STO” refers to donations direct to the church bank account (Standing orders).

“Env” refers to weekly envelope donations usually in the Sunday collection. The PCC decided to withdraw the envelope payment facility and encourage Standing orders or Electronic payments. “PGS” – Parish Giving Scheme - is a diocese sponsored scheme where donations are collected and gift-aid automatically reclaimed.

“xGA” indicates donations received from third party schemes that independently claim gift aid so no GA is reclaimable by Holy Trinity.

2. All Other Giving/Voluntary Receipts

Category 2024 2023
Grants 0 334
Donatons (Personal) 8,220 11,849
Donatons (GASDS) 170 574
Donatons (Not GA) 0 0
Collectons (Other services) 1,279 29
Bequests 0 0
Sum Up payments 1,175 456
Ofertories at Services 4735
Totals £ 15,579 £ 13,242

Sum-Up payments, largely taken in the Church Contactless payment machine, were to General fund.

Offertories at Services is money (Cash or Cheques) given anonymously, and without Fund directives, in the Church service, and is for the General Fund. It totalled £4735 in 2024.

Page 7

HOLY TRINITY Ashby de la Zouch

3. All Other Giving/Voluntary Receipts by Fund

Fund 2024 2023
General 11,129 10205
Pathways 894 500
Building 120 334
Vicars Discretonary 100 0
AV Equipment 0 50
The Garden Room 468 263
MDMC 0 0
Flower 0 11
Alpha 0 500
Agency 2,868 1379
Totals £ 15,579 £ 13,242

4. Gif Aid recovered

Fund 2024 2023
General Fund 21,945 18,627
Building 0 0
AV Equipment 13 0
The Garden Room 55 69
Vicars Discretonary 25 0
MDMC 0 0
Totals £ 22,038 £ 18,696

5. Actvites for Generatng Funds

Category 2024 2023
Church Hire - Ashby Concert Band 2,762 2,178
Church Hire - Local Community Use 160 190
Other income 929 2,210
Fundraising Events 0 393
Totals £ 3,851 £ 4,971

Page 8

HOLY TRINITY

Ashby de la Zouch

6. Income from investments

Category 2024 2023
Interest Received 0 0
Totals £ - £ -

7. Income from shared expenses

Category 2024 2023
Shared Expenses - General Fund 0 52
Totals £ - £ 52

Shared expenses are where expenses such as telephone bills which are shared with other users of the facilities.

8. Income from Job Retenton Scheme.

There was no income from this source in 2024 for Church Staff.

9. Wedding and Funeral Net Income

Category 2024 2023
W&F Income 7,898 7,393
W&F Fees to LDBF -815 -2,096
W&F Minister Fees -1,318 -1,914
W&F Minister Expenses -307 -244
W&F Organist Fees -688 -390
W&F Other Costs -144 -270
PCC Authorised payments 0 -2,249
Totals £ 4,626 £ 230

W&F Other costs refers to the Sound Engineer charge for use of the equipment at Weddings and Funerals. This is paid to the sound engineer but funded by the undertaker.

Page 9

HOLY TRINITY

Ashby de la Zouch

Notes on Expenditure

10. Charitable Giving

Category 2024 2023
Church Tithe 9,600 9,749
Missionary & Charitable
Giving (Non Tithe) 250 0
Totals £ 9,850 £ 9,749

Church Tithe includes 12 standing orders for £225 for AYFC and CAP respectively and £50 for supporting the Frizelles making £6000 total, which is towards the 2024 Tithe.

Tithe Recipients 2024 2023
Ashby Youth for Christ 2,700 2,700
CAP Ashby 2,700 2,700
Hospice Hope 100 100
Street Pastors 250 250
Frizelle - YWAM (Guatemala) 600 600
CMS - Mark & Rosalie Balfour 600 600
CMS - Lea and Petra Williams 600 600
New Wine 500 500
Church Pastoral Aid Society (CPAS) 250 250
Flame Internatonal 200 250
SeaFarers 250 250
Tear Fund 250 250
Natonal Churches Trust 100 100
Evangelical Alliance 250 250
CofE Children's Society 250 250
Tithe Totals £ 9,600 £ 9,650

Some Tithe Recipients were sent in 2024 but were part of the PCC’s designated tithe for 2023. The PCC were late in allocating payments for 2024 so some have slipped into 2025. In 2025 all Tithe payments will be made by monthly standing order so all can now be considered on-time.

Page 10

HOLY TRINITY

Ashby de la Zouch

11. Church Actvites

Category 2024 2023
General Church Actvites 3,644 1,613
Children's & Youth Actvites 169 229
Outreach Events & Actvites (inc Alpha) 46 281
Welcome, Hospitality & Gifs 446 501
Travel Expenses & Mileage 575 1,114
Books, Training & Conferences 877 1,955
Other Church expenditure 60
Totals £ 5,817 £ 5,693

‘Other Church expenditure’ in 2024 was a £60 donation to ‘Toilet Twinning’ made by the Church Wardens on 09/04/2024.

12. Church Admin Expenses

Category 2024 2023
Parish Ofce & Admin 779 1,904
Website (Church Insight - PCC) 683 1,691
Telephone, Internet & TV 2,420 2,474
Statonery, Postage & Printng 167 98
Photocopier 537 27
Bank Charges 188 159
Expense-Plus Write Down 50
Totals £ 4,824 £ 6,353

The Expense-Plus write down arises from the introduction of the Expense-Plus accounting software in 2019. There was evidently a £50 difference between the actual monies held in the bank accounts and the declared sum total held across all the funds entered at start up.

13. Church Building Expenses

Category 2024
2023
Church Insurance 3,300 4,724
Gas, Water & Electricity 3,887 12,280
Repairs & Maintenance 2,266 4,795
Church Organ 0 -
Totals £ 9,453 £ 21,799

Page 11

HOLY TRINITY Ashby de la Zouch

14. Stafng Costs

Category 2024 2023
Salaries 19,125 20,712
HMRC NI & PAYE 418 58
Pension contributons 4,004 3,902
Totals £ 23,547 £ 24,672

15. PCC Designated Accounts expenditure

Fund 2024 2023
Vicars Discretonary Fund 227 228
Totals £ 227 £ 228

16. PCC Restricted Accounts expenditure

Fund 2024 2023
Agency 2,273 1,289
Building 135 5,067
Audio Visual (AV) 223 2,324
Garden Room 654 457
Organ 0 0
Pathways cafe 295 488
Alpha Course 435 275
Totals £ 4,015 £ 9,900

It will be noted there have been no large expenditures this year.

In the Agency Fund are monies collected for other organisations collected through Church activities and passed directly on to the intended organisation.

Page 12

HOLY TRINITY

Ashby de la Zouch

Transfers between Funds.

  1. A sum of £110.00 was transferred from General funds to the Building fund for the Notice Board Appeal. This appeal had been started using the General fund in 2023 and this action merely transferred the money to the correct fund.

  2. A Sum of £336.05 was transferred from the CAP emergency fund to the ACTS435 CAP fund. The CAP fund manager highlighted this funding error by email on 18/07/2024 and requested this transfer. This money is remaining in the CAP accounts.

  3. The CAP fund manager emailed on 15/08/2024 requesting the year end surplus from ACTS435 be transferred to the General CAP fund. This was a sum of £74.56 and this money is remaining in the CAP accounts.

Page 13

HOLY TRINITY Ashby de la Zouch

R1 CAP Ashby Income & Expenditure.

CAP Income (Personal Donatons)
2024
2023
10,828
121
1,968
£ 12,917
CAP Donatons (Personal)
10,386
CAP Monthly Giving (GASDS)
0
CAP Gif Aid Reclaimed
2,134

Totals
£ 12,520
CAP Income (Other Donatons)
2024
2023
Acts 435 Income
3,670
CAP Church donatons
4,262
CAP Fund raising
237
CAP Grants
3,000
CAP Other donatons
467
Emergency Aid
0
2,040
3,900
1,266
5,000
1,991
600
Totals
£ 11,636
£ 14,797
Total CAP income
£ 24,156
£ 27,714
CAP Expenditure Operatons
2024
2023
Acts 435 Expenditure
3,699
CAP Events & Actvites
107
CAP HQ Charge
3,600
CAP HQ Release groups
0
CAP Ofce & Admin Costs
370
2,171
959
3,600
0
1,519

Totals
£ 7,776
£ 8,249
CAP Expenditure (Stafng)
2024
2023
CAP Staf Expenses
469
CAP Stafng Costs
18,814
163
15,706

Totals
£ 19,283
£ 15,869
CAP Expenses Emergency Aid
2024
2023
CAP Emergency Aid Payments
139
CAP HQ Fresh start
0
80
0
Totals
£ 139
£ 80
Total CAP Expenditure
£ 27,198
£ 24,198
Net Movement in year
-£ 3,042
£ 3,516
CAP Funds Balance 01-Jan
£ 23,847
CAP Funds Balance 31-Dec
£ 20,805
£ 20,332
£ 23,847

Page 14

HOLY TRINITY

Ashby de la Zouch

R2 Foodbank Income & Expenditure.

Foodbank Income
2024
2023
1,105
0
15,209
16,024
0
2,329
0
0
£ 34,667
Foodbank Donatons (Churches)
1,554
Foodbank Donatons (GASDS)
0
Foodbank Donatons (Others)
7,683
Foodbank Donatons (Personal)
30,686
Foodbank Fundraising
0
Foodbank Gif Aid reclaimed
1,983
Foodbank Grants
0
Trussel Trust / Tesco Top-Up
307
Foodbank Income Totals
£ 42,213
Foodbank Expenditure
2024
2023
Foodbank Church Insight
0
Foodbank Expenditure
6,293
Foodbank Premises Costs
13,346
Foodbank Salaries
3,566
Foodbank Staf & Volunteer Expenses
817
Trussell Trust Franchise Fee
360
Foodbank Expenditure Pety Cash
0
0
4,250
10,269
1,056
1,369
360
0

Foodbank Expenditure Totals
£ 24,382
£ 17,304
Net Movement in year £ 17,831 £ 17,363
Foodbank Funds Balance 01-Jan £ 135,415 £ 118,051
Foodbank Funds Balance 31-Dec £ 153,246 £ 135,415
Foodbank Pety Cash Balance
Forward
Receipts
Payments
Net
Change
Carried
Forward
Money from account (above)
Direct Small Cash Donatons
Food and items Spending
38 0
0
2,337
0
0
1,678
Totals £ 38 £ 2,337 £ 1,678 £ 659 £ 697

Foodbank Petty cash is managed direct by spreadsheet separately from the main accounts. Full records are available for inspection should this be required.

Page 15

HOLY TRINITY Ashby de la Zouch

R3 Hall Income & Expenditure.

Hall Income
2024
2023
Hall Grants
0
Hall Hire - Miscellaneous
78
Hall Hire - Regular Users
15,017
Job Retenton Scheme
0
Shared Costs
167
0
311
21,440
0
245
Hall Income Totals
£ 15,262
£ 21,996
Hall Expenditure 2024
2023
Hall Building Maintenance 6,828 4,662
Hall Electric, Gas & Water 783 2,428
Hall Insurance 586 1,043
Hall Operatng Costs 1,319 1,744
Hall Staf Costs 0 -
Hall Expenditure Totals £ 9,516 £ 9,877
Net Movement in year £ 5,746 £ 143
Hall Funds Balance 01-Jan £ 15,724 £ 15,582
Hall Funds Balance 31-Dec £ 21,470 £ 15,724

It should be noted the Hall fund is a Discretionary fund and as such Hall monies can be used by the PCC on spending as deemed appropriate. There is also a separate Hall bank account but this is retained for convenience only and no longer reflects the Hall fund balance. The PCC and Hall accounts should therefore be amalgamated and taken as a whole.

Page 16

Independent Examiner's Report

Report to the Parochial Church Council (PCC) of Holy Trinity Church, Ashby de la Zouch, on the accounts for the year ended 31" December 2024.

Respective responsibilities of Trustees and Examiner

The PCC is responsible for the preparation of the accounts and it considers that an audit is not required for this year under section 744 of the Charities Act 2011 {the Charities Act} and that an independent examination is needed.

It is my responsibility:

Basis of independent Examiner's statement

My examination was carried out in accordance with general Directions given by the Charity Commission. An 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 the PCC 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:

----- Start of picture text -----
20 [th] April 2025
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2 Ashby Road

Newbold Coleorton

LE67 8PB