REGISTERED CHARITY NUMBER: 1131209 Report of the Trustees and Unaudited Financial Statements for the Year Ended JI Def ember 2024 for All Saints Chllrch Hessle Trading as The Parochial Chureh Council Of The Esi¢al cash. From end-2023, depositing of cash was done at the Banking Hub in Barton-Upon-Humber. Just over £29.700 was spent on 'Tower' ¢osls. This comprised a detailed structural survey. consultancy costs. plus our church Architect's costs for the ￿'OrkS involving coordinating, summarising and expediting the tendering process of ¢ontractors' building estimates. Thc current account balance ended the year bel￿'een the upper and lower Simits defined in the rcserves policy. The proceeds of the legacy were transferrcd to our CBFICCLA (Central Board of Financelchurches, Charities and Local Authorities) deposit account. Reserve5 policy It is the PCC'S policy to tnaintain & balance of a balance of no less than three months, expenditure in our unrestricted nds. It is our policy to invesi fijnd balances with the CBF Church ot England Deposit Funds. The estimaied value of three months, ¢xpenditure is £44,125. The level of free reserves held within thc charity is £472,668, wilh a remaining Sevel of reserves valuing as £326.731 restricted and £217,446 within endowment tunds. STRucfuRE. GOVERNANCE AND MANAGEMENT Governing document The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated Charity. Page 3 All Saints Church Hessle Trading as The Paroehial Church Couneil Of The Ecclesiastical Parish Of All Saints, Hessle Report of the Trustees for ihe Year Ended 31 December 2024 STRUCTtiRE. GOVERNANCE AND MANAGEMENT Safeguarding The Parochial Church Council (Powers) Measure 1956 defines the functions and powers of a PCC. Under the amcnded Measure, the principal function of the PCC is 'promoting in the parish the whole mission of the Church, pastoral, evangelistic, social and ecutnenical,. Thus PCC mctnbcrs havc significant responsibilities for the lo¢al mission of the Church. The method of appointment of PCC members is set out in the Church Representation Rules 2020. All church attendees are encouraged to register on the Elcctoral Roll and stand for election to the PCC. The PCC has six operating subcommittees that meet as I'equired between the meetings of the full PCC. { l) The Standing Comtniltee, required by law, consists of the Priest-in-charge. the wardens. the Secretary. the Treasurer, the Associate Curate, and an appointed PCC member. It transa¢ts the business of the PCC between meetings subject to any directions given by the Council and prepares dccisions to be subtnitted lo the full Council. {21 The Finance Committee reviews financial matters including preparing budgets. {31 The Propcrty Committce reviews all aspects of church propeny Ithe Parish Hall and the Si James, Centre) and relating to the church tabric and the churchyard. (41 The Church Fairs Comtnittee plans and ¢oordinat¢s the church's two annual church fairs. (5) The T0￿'tr Appeal Cotnmittee oversecs project funding and evcnts. (61 The Health and Safery Committee reports to and updates the PCC on matters needed to be addressed and all related policies and risk assessmcnt5. In addition. spe¢ial ¢ommiti¢¢s meet to organise various events as needed. REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity Dumber 1131209 Principal address All Saints Church H￿] Hessle East Yorkshire HU13 OAD Page 4 All Saints Church Hessle Trading as The Parochial Church Council Of The Ecclesiastieal Parish Of All Saints, Hessle Report of the Trustees for the Year Ended 31 December 2024 Trustees Incumbent: Associate Curate.. Honorary Priests.. Reader.. Church Wardens.. Revd Gemma Turner Revd Carol Tetley Revd Stephen Flatt Philip Rodmell Paul Hardy Gillian Dixon Emma Robinson Robin Mason Eve Johansson (perniission to officiate) (from APCM 2022) (from APCM 2022) Assistant Wardens: {resigned February 2024) Representative on the Deanery Synod: Emma Robinson Elected Members.. Robin Mason Stuart Pictor Jayne Brockwell Linda Cork Gail Searby Penny Vernon Eve Johansson Debbie Scott Andrew Hardy (from APCM 2023) (from APCM 2021) (from APCM 2023) (until APCM 2023) (from APCM 2023) (until APCM 2023) (from APCM 2022) (from APCM 2022) (from APCM 2024) Treasurer Secretary Independent Examiller Harris Lacey and Swain Suite I The Riverside Building Hessle East Yorkshire HU13 ODZ Approved by order of the board of trustees on ......... ......... ....... ................. and signed on its behalf by: or - Trustee Independent Examiner's Report to the Trustees of All Saints Church Hessle Independent examiner's report to the trustees of All Saints Church Hessle I report to the charity trustees on my examination of the accounts of All Saints Church Hessle (the Trust) for the year ended 31 December 2024. Responsibilities and basis of report As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 {'the Act,). I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act. Independent examiner's statement I have completed my examination. I confirni that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect.. accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or the accounts do not accord with those records- or the accounts do not comply with the applicable requirements concerning the forni and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination. I have no concems and have come across no other matters in connection with the examination to which attention should be (IrawTr in this report in order to enable a proper understanding of the accounts to be reached. Richard D Lacey The Institute of Chartered Accountants in England and Wales Harris Lacey and Swain Suite I The Riverside Building Hessle East Yorkshire HU13 ODZ Date.. All Saints Church Hessle Trading a5 The Parochial Church Council Of The EeclesiastlCAI Parisb Of All Saints, Hessle Statement of Financial Aetivities for the Ye*r Ended 31 December 2024 2024 Total funds 2023 Total funds Unresiri¢ted fund5 Restricted fund Endowment funds Notes IIYCOME AND ENDOWMENTS FROM Don&tions and legacies 136.371 36.355 172,726 117.453 Othcr trading activities 42.583 9,808 52,391 41,048 Total 178,954 46.163 225,117 158,501 EXPENDITURE ON Raising funds 89,472 89,472 91.183 Charitable activities General 38.151 46.256 84,407 48,363 Other 2,606 2,606 Total 130.229 46.2)6 176,485 139,546 Net gains on investments 2,503 4.866 7.369 27,901 NET INCOME Transfer5 behveen funds 48.725 (5,5301 2,410 4,866 5,530 56.001 46.856 Net movement in fund5 43.195 2,410 10,396 56,001 46.856 RECONCILIATION OF FUNDS Total funds brought forward 429,473 324,321 207,050 960,844 913.988 TOTAL FUNDS CARRIED FORWARD 472.668 326.731 217,446 1,016,845 960,844 Th¢ notes form part of these financial statemenls Page 7 All Saints ChurLh HLSSIL Trading Is The Parocliial Church CounLiI Ot. The Ecclesiastical Parish Of All Saint5, 14v$sle Balan¢e Sheet 31 Decembci- 2024 20?4 1-otal liinds 20?3 UnrestriLted fimds Restricted ftind EndoTh7nent fun&$ timds Noteb FIXED ASSETS Tanttible asse(b Jiivestmcnts 357,422 357.422 329,969 347,000 321.900 111.8?3 217.446 357,422 111,823 217,446 686.691 668,900 CURRENT ASSLTS Debiors Cash at bank 9,767 108,592 5,367 218,498 1S,134 3?7,090 14,690 289.915 118,359 223,865 342.424 304,605 CREDITORS Amounts fdllinu due within one year (8,957) (12,070) (12.661) NET Cb'RRENT ASSETS 115,246 214.908 330,154 291,944 TOTAL ASSET,$ LE.SS CURRENT LIABILITIE,S 472.668 326,731 217,446 1,016,845 960,844 NET ASSETS 472,668 3?6,731 217 446 1,016,845 960,844 FUNDS Unrestric(ed t-unds Restricted funds Endowmcnt fut]ds 472,668 3?6,731 ?17.446 429,473 324,121 2117.050 TOTAL FUNDS 1,016.845 960,844 The fina o+ cial btaieinents wu'e appi'i)ved by the Board ot- Trustees (ind authoi'ised t-or issue lo.l.S............. and were siJu ed on its behall"by'. Mi's G D Searby- Tru8tec oi- Tiustcc The notes foiTh part of these tinancial statements Page 8 All Saints Church Hessle Trading as The Parochial Chur£h Council Of The Ecclesia5tie*l Parish Of All Saint$, Hessle Notes to the Financial Statements for the Year Ended 31 December 2024 ACCOUNTING POLICIES Basis of preparing the financial statements The financial statements of the chai'ity., Ivhich is a public benefit entity under FRS 102: have been prepared in accordance with the Charities SORP (FRS 1021 'Accounting and Reporting bv Charities= Statement of Recommended Praciice appli¢abl¢ to Charities preparing their accounts in accordance ii'ith the Financial Reporting Standard applicable in thc UK and Republic of Ireland {FRS 102} (effective l January 20191,, Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Charities Act 2011. Th¢ financial statements have been prepared under the historical cost convention, with the exception of investments which are included at market value. as modified by the revaluation of certain assets. Income All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income w'ill be received and the atnounl can be measured reliably. b) Gifts in kind.. i) Assets given for disrribution by the funds are included in the Statement of Financial Activities only when distributed. ii) Assets given for use by the funds le.g. propcrty for its own occupaiion} are included in the Sialement of Financial Activities as income when rcccivable. In all cases the amount at ￿h]ch gifts in kind are broU￿t into account is either a reasonable estiTnaie of their value to the funds or the amount a¢tuaily realis¢d. The basis of the valuation is disclosed in the armual report. c} Legacies i) When income is probable- usually but not exclusivcly when probate has been granted. li} When the Executors have satisfied thetnselves there are sufficicnt assets to pay the legaey. iii) Any Conditions of the legacy have been met. iv) When the monetary value Can be reliably measured. Expenditure Liabilities are recognised as expenditure as soon as there is a Icgal or constructive obligation committing the charity to that expenditure. it is probable that a transter of economic benctits will bc required in scttlement and the atnount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related lo the category. Where costs cannot be directly attributed to particular headings they havc been allocated to activities on a basis ¢onsist¢nt with the use of resow¢es. Tangible fixed assets Depreciation is provided at the following a[￿Ual rates in order to write off ¢￿h ass¢t over its estimated usefvl life. Freehold property Fixtures and tittings Not depreciated 20 /0 on cost Taxation The charity is exempt frotn tax on its Charitsble activities. Fund aceoullting Unrestrictcd funds can bc used in accordance with the ¢haritable objectives at the discretion of the trLLStees. Page 9 continued... All Sgiuts Church Hessle Trading as The Parocbial Church Council Of The Ecclesiastical Parish Of All Saints, Hessle Note5 to the Fina￿ClaI Statements- continued for tbe Year Ended 31 December 2024 ACCOUNTFNG POLICIES - continued Fund aCCOUDting Restricted funds can onlv be used for particular restricted purposes within the objects of the charity. Restrictions arise when specitied by the donor or ￿hen funds are raised for particular restricted purposes. Further explanation of the nature and purpose of each fund is included in the notes io the finan¢ial statements. Hire purchase and leasing commitments Rentals paid under operating le&8es are charged to the Statement of Finan¢i&l A¢iivilies on a straight line basis ov¢r the period of the lease. Estimates and judgetllents Estimates and judgcFnents are continually evaluated and are based on histori¢al experience and other factors. in¢luding expectations of future events that are believed to bc rcasonablc undcr the circumstances. Although these ¢stimat¢s are based on the Directors, best knowledge ot the amount, evcnts or actions, a¢lual results ultimatcly differ from thcse estimates. The Directors do not consider ihere to be any rnaterial estimates and judgements. Financial instrllments The compan}. only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments, including trade and other debtors and creditors, are initially rccognised at transaction value and subsequently measured al their settlement value. Fixed •sset investments Fixed asset investments are measured initially at cost and subscquentl}' at fair value at the reporting date. Changcs in fair value are recognised as income or expenditure in the Statement of Financial Activities. OTHER TRADIIYG ACTIVITIES 2024 2023 Church collections general Fund raising activities Spire sales and advertising Wedding and fimeral fees Dividends and int¢r¢st Softplav transfers Walsinghamlwydale incotnc 7,870 5.110 2,644 11.230 16,213 1,856 7.468 8,614 4,825 2,254 7.121 12,165 713 5,356 52,391 41,048 Page 10 ¢ontinued... All Saints Church Hessle Trading as The Parochial Chur£h Council Of The Ec£le5iastical P#Tish Of All Saints, Hessle Notes to the FinaTrfial St#tement$- continued for the Yejr Ended 31 December 2024 TRUSTEES, REMUNERATION AND BENEFITS During the period under review. the trustee Mr Paul Hardy was paid a total of £nil (2023 - £900) in wages. Trustee5' expenses Expenses totalling £1,277 (2023 £2.067) were paid to Revd G D Turner during the year ended 31 D¢¢emb¢r 2024. These expenses were generally the operational expenscs of the Vicarage office. In addition, expenses totalling £22 were paid to Mr P Hardy {2023 - £nil). STAFF COSTS 2024 2023 Wages and salaries (Office admin & Premise cleaning wage5 included) 21,918 15,275 21,918 15,275 Th¢ average monthly number of employees during the year ivas as follows.. 2024 2023 Employees No employees received emoluments in excess of £60,000. TANGIBLE FIXED ASSETS Fixtures and fittings Freehold property Totals COST At l January 2024 Additions 347,000 347,000 13.028 13,028 At 31 December 2024 J47,000 13,028 360.028 DEPRECIATION Charge for year 2,606 2.606 NET BOOK VALUE At 31 December 2024 347,000 10,422 357,422 At 31 December 2023 347,000 347.000 Pagell ¢onlinued... AII SAints Ch￿rth Hessle Trading a5 The Parochial Church Council Of Tbe Ecclesiastical PArish Of All Saints, Hessle Notes to the Finanei21 Statements - eontinued for the Year ETrded 31 Decetnber 2024 FIXED ASSET INVESTMENTS List¢d investments MARKET VALUE At l January 2024 Rcvaluations 321.900 7.369 At 31 December 2024 329,269 NET BOOK VALUE At 31 December 2024 329,269 At 31 D¢¢¢mber 2023 321.900 There were no investment assets outside the UK. Cost or valuation at 31 December 2024 is represented by-. Listed investments Valuation in 2020 Valuation in 2021 Valuation in 2022 Valuation in 2023 Valuation in 2024 Cost (3.195} 41,773 139,477} 27.900 7.369 294.899 329.269 DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 2023 Trade debtors 15,134 14.690 Page 12 continued... All Sgints Church Hessle Trading as The Parochial Chur£h Council Of The E¢¢lesiastical Parlsh Of All Saints, Hessle Notes to the Financial Statements- continued for the Year Ended 31 December 2024 CREDrroRS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 2023 Trade creditors 12,070 12,661 MOVEMENT IN FUNDS Net movement in funds Transfers between nds At 1.1.24 31.12.24 Unrestricted funds General fund 429,473 48,725 15,530) 472.668 Restrif ted funds Restricted 324.321 2.410 326.731 Endowment funds Parish Endowmenr Fund 207,050 4,866 5.530 217.446 TOTAL FUNDS 960,844 56,001 1,016,845 Ne.t movement in funds, included in the above are as follows.. Incoming rcsourccs Resources expendcd Gains and losses Movement in funds UNres¢ricttd funds General fund 178,954 (130,229) 48,725 Restricted funds Restricted 46,163 {46.2i6) 2,503 2.410 Endowment funds Parish Endowment Fund 4,866 4,866 TOTAL FUNDS 225,117 (176.485) 7,369 56,001 Page 13 Continued... All Saints Chllrch Hessle Trading as The Parochial Church Counfil Of The Ecclesiastical Parish Of All Saints, Hesslt Notes to the Financial Stjtements - efyntinmtd for the Year Ended 31 December 2024 MOVEMENT IN FUNDS - continued Comparatives for movement in funds Net movement in funds At 31.12.23 At 1.1.23 Unrestricted funds Gcncral fund 437,061 17,588) 429.473 Restricted funds Restricted 288,303 36,018 324,321 Endowment funds Parish Endowment Fund 188.624 18,426 207.050 TOTAL FULYDS 913,988 46,856 960,844 Comparative net movement in funds. included in the above are as follows- Incoming resources Resources expended Gains and losses Movcm¢nt in funds Unrestrieted funds General fund 126,825 (134,4131 (7,5881 ResÉri£ted funds R¢slri¢ted 31,676 (5.133) 9.475 36.018 End0wme￿t fuNds Parish Endowtncnt Fund 18.426 18,426 TOTAL FUNDS l58,501 {139,546) 27,901 46,856 Page 14 continued... All Saints Church Hes51e Trading as The PArochial Chur£h Council Of The Ecclesiastical Parish Of All Saints, Hessle Notes to the Finaneial Statements- continued for the Year Ended 31 December 2024 MOVEMENT IN FUNDS - continued A Current year 12 tnonths and prior year 12 months cotnbined position is as follows.. Net movement in funds Transfers between fi￿d$ At 31.12.24 At 1.1.23 Unrestricted funds General fund 437,061 41,137 {5,530} 472.668 Restric¢ed funds Restricted 288,303 38.428 326,731 Endowment funds Parish Endowjnent Fund 188,624 23,292 5.530 217.446 TOTAL FUNDS 913,988 102,857 1.016.845 A ¢urr¢ni year 12 months and prior year 12 months combincd nct movement in funds, included in the above are as follo￿'S.. Incoming resowces Resources expended Gains and losses Movetnent in funds Unre$trie¢ed funds Gcneral fund 305,779 {264.642) 41,137 Restrieted funds Restricted 77,839 (51,389) 11,978 38,428 Endowment funds Parish Endowment Fund 23.292 23.292 TOTAL FUNDS 383,618 (316.031) 35,270 102,857 Page 15 ¢onlinued..- All Saints Chllreh Hessle Trading as The Parochial Churfh Council Of The Ecclesiastical Parish Of All Saints, Hessle Notes to the Financial Statements- continued for the Year Ended 31 Deeember 2024 io. RELATED PARTY DISCLOSURES Included within ihe accounts are two sub-groups of the Church. these two groups are Saints and Sinncrs Group and Softplay Group. The movements included in the accounts are as follows.. 2024 2023 Saints and Sinners Softplay (555) 1,268 1,8)6 Total movements 1,856 713 ii. BANK AND CASH Included behind the cash and bank figure on ihe balance she¢1 as at 31 December 2024, are the deposit account nds with CBF totalling £144,691 (2023 £107,410). P&ge 16 All Saints Chureh Hessle Trading a5 The Parochial Church Co￿n¢11 Of The E¢¢lesia$ti¢al Parish Of All Saints, Hessle Detailed Statement of Fin*neial A¢tivities for the Year Ended 31 December 2024 2024 2023 INCOME AND ENDOWMENTS Donations aod leg•¢ies Donations Halls Curate House Legacics ¢ffi¢ienl planned giving TLX recovered through Gift Aid Other planned giN'ing Tower appeal 14.288 31,658 7.296 31,069 38.145 10,087 3,828 36.355 1,440 28,544 7.742 34,122 11,058 7.113 27.434 172,726 117,453 Other trading activities Church collections general Fund raising activities Spii'e sales and advertising Wedding and funeral tees Dividends and interest Softplay transfers Walsinghamlwydale income 7.870 5,110 2.644 11,230 8,614 4,825 2.254 7,121 12.16) 713 5,356 1,856 7.468 52.391 41,048 Total incoming resources 225,117 158,501 EXPENDITURE Other trading 2¢tivities Freewill contributions Vicar's working expenses Cleaning costs Vicarage expenses Light and heat Water Insurances Spire costs 50.250 1,277 9,061 ,939 12.776 2.355 8.414 3,400 48.876 2,067 6.941 816 19,790 .196 8.257 3.240 89,472 91,183 Charitable activities Wages and honoraria Carried forward 12,857 12,857 8,334 8,334 This page does not forn) part of the statutory financial statemcnts Page 17 All Saints Church Hessle Tnding #s The Parochial Church Council Of The Eeclesiastical Parisb Of All Saint5. Hessle Detailed Statement of Financial Activities for the Year Ended 31 De¢en)ber 2024 2024 2023 Charitable activities Brought forward Telephone Postage and stationery Sundries Chur¢h r¢pairs & maintenance Par Hall repairs & maintenance SJ Hall repairs & maintenance Curate House repairs & mainten ance Upkeep of services Hom¢ mission and training Walsinghanvwydale expenses Softplay expenses 12.857 i60 2.927 1.322 37.823 1.662 3,548 159 8,124 8,334 571 3,333 1,269 8.895 1,386 999 6.534 9,607 i I 162 7,)64 5,751 938 4,893 82.459 46,759 Other Depreciation ot tangible t5xcd assets 2.606 Support costs Finance Bank Charges 12 Governance eosts Accountancy and legal fees 1.936 1.604 Total resources expended 176,485 139,546 Net income before gains and losses 48,632 18.955 Realised retognised gains and losses Realised gainslllosses) on fixed asset investments 7.369 27.901 Net income 56.001 46.856 This page does not form part of the statutory financial statements Page 18