2024-12-31-accounts

THE PCC OF THE ECCLESIASTICAL PARISH OF LINTHORPE, MIDDLESBROUGH

ANNUAL REPORT AND STATEMENT OF FINANCIAL ACTIVITIES OF THE PAROCHIAL CHURCH COUNCIL FOR THE YEAR ENDED 31 DECEMBER 2024

CHARITY REGISTRATION No: 1131212

ST BARNABAS PAROCHIAL CHURCH COUNCIL

CONTENTS

Page 3 to 4	Legal and Administrative Information
Page 5	Independent Examiners Report to the Trustees
Page 6 to 7	Review of the Year
Page 8	Statement of Financial Activities
Page 9	Balance Sheet
Pages 10 to 21	Notes to the Financial Statements

ST BARNABAS PAROCHIAL CHURCH COUNCIL

Page 3

LEGAL AND ADMINISTRATIVE INFORMATION

The Parochial Church Council of the Ecclesiastical Parish of Linthorpe, PAROCHIAL NAME Middlesbrough. WORKING NAME St Barnabas Parochial Church Council CORRESPONDENCE ADDRESS Church Office St Barnabas Church Hall 1a St Barnabas Road Linthorpe Middlesbrough Cleveland TS5 6JR 01642 812622 PCC MEMBERS OF THE CHURCH Clergy Revd Dr David Goodhew Revd Lindsey Goodhew Revd Mark Walley (retired January 2024) Revd James Cawdell Church Wardens Andrew Devereux Gail Roberts Treasurer Phil Edwards Deanery Synod Retire 2026 Barbara Edwards (secretary), Malcolm McGregor Alistair Bolton, Allison Ward Elected Members During the year, the following served as members of the PCC: Retired May 2024 Thomas Mallam, Ruth Ritchie, Lynda Walker, Nixon Christian, Nelly Broughton Retire 2025 Sue Bell, Fiona Houldsworth, Helen McGregor (elected May 2024) Retire 2026 Tony Hutchings, Paul Bury, Mark Allan (elected May 2024) Retire 2027 Chinedu Anioke, Imogen Burgess-Hale, Debra Smith CHARITY NUMBER 1131212 Promoting in the ecclesiastical parish the whole mission of the OBJECTS Church.

LEGAL AND ADMINISTRATIVE INFORMATION (continued)

Page 4

PRIMARY BANKERS

HSBC Bank plc Nationwide Building Society 60 Albert Road PO Box 3 Middlesbrough 5-11 St Georges Street Cleveland Douglas TS1 1SR Isle of Man IM99 1AS

INDEPENDENT EXAMINER J Irvinesmith FCIE Independent Examiners Ltd Unit 2 The Broadbridge Business Centre Delling Lane Bosham PO18 8NF

BACKGROUND The responsibilities and duties of Parochial Church Councils are set out in the Parochial Church Councils (Powers) Measure 1956. The PCC of St Barnabas Church Linthorpe, has responsibility, with the incumbent, Revd Dr David Goodhew, for the mission, worship, and pastoral ministry of the Church of England in the ecclesiastical parish of Linthorpe in the Diocese of York. In addition it has maintenance responsibilities for the church building, the church hall and car park complex on St Barnabas Road, Linthorpe, Middlesbrough and for the house at 23 Linden Grove, COMMITTEES The PCC operates through the Staff Team, churchwardens and a number of sub-committees consisting of PCC members and others coopted from members of the church, as follows: STAFF TEAM AND CHURCHWARDENS Oversee the day to day running of the Church. STANDING COMMITTEE This is the only committee required by law. It has power to transact any urgent business of the PCC between its meetings. FINANCE COMMITTEE Oversees the general financial dimension of the work of St Barnabas. It meets about four times a year, in particular to review the monitoring of income and expenditure and to formulate a budget for the next year. FACILITIES MANAGEMENT GROUP Attends to matters relating to church buildings and fabric, the church house, audio-visual equipment and lettings. MISSION COMMITTEE Keeps the church members informed of the needs of the charities and projects we support and recommends to the PCC the amounts we donate to these.

ST BARNABAS PAROCHIAL CHURCH COUNCIL

Page 5

INDEPENDENT EXAMINER'S REPORT ON THE ACCOUNTS

This report on the financial statements of the PCC for the year ended 31 December 2024, which are set out on the following pages, is in respect of an examination carried out in accordance with the Church Accounting Regulations 2006 ('the Regulations') and s.144 of the Charities Act 2011 ('the Act').

Respective Responsibilities of the PCC and the Examiner

As the members of the PCC you are responsible for the preparation of the financial statements; you consider that the audit requirement of the Regulations and section 145 of the Charities Act 2011 does not apply. It is my responsibility to issue this report on those financial statements accounts in accordance with the terms of the Regulations. The gross income exceeded £250,000 and I am qualified to undertake the examination by being a qualified member of the Association of Charity Independent Examiners.

Basis of Independent Examiner's Report

My examination was carried out in accordance 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 from 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 with those records. It also includes considering 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 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 matter has come to my attention:

1) which gives me reasonable cause to believe that in any material respect the requirements

● to keep accounting records in accordance with section 130 of the Act; and

●to prepare accounts which accord with the accounting records and to comply with the requirements of the Act, and the Regulations have not been met; or

2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

J Irvinesmith FCIE Independent Examiners Ltd Unit 2 The Broadbridge Business Centre Delling Lane Bosham PO18 8NF

Dated: 15th July 2025

ST BARNABAS PAROCHIAL CHURCH COUNCIL

Page 6

REVIEW OF THE YEAR ENDED 31 DECEMBER 2024

Vicar's Report

St Barnabas has continued to develop the priorities in the Mission Action Plan, seeking to reach out into the community with the love of Jesus.

Ties with local primary schools have continued to strengthen, with a number of visits to church and several assemblies led by St Barnabas staff and Big Kids. Both Linthorpe and Ayresome Schools had Christmas events in the church.

In July there was a trip to Saltburn beach, which concluded with a service on the beach and baptisms in the sea.

Middlesbrough Community Grocery, run in partnership with the Message Trust, celebrated its second birthday in June, with a family fun day in the hall. The grocery café has continued in the church hall on a Thursday morning, to offer a warm and welcoming space to grocery members. A community choir and armchair keep fit run by Middlesbrough Football Club also take place in the church hall on a Thursday.

In June St Barnabas took part in Festival Teesside, with other churches in the area. There was a weekend of activities, talks and music in Stewart Park. An Alpha course was run in the autumn to follow up those who responded.

Revd James Cawdell was ordained priest in June. Kel Profitt, assistant worship pastor and Katharine Jones, community worker finished their contracts during the year.

Financial Report

i. Unrestricted Funds

At the start of 2024 our unrestricted funds (excluding designated funds) stood at £77,645, and net unrestricted income during the year was marginally positive at £225 (excluding transfers and disposal of assets). An additional £19,570 has been transferred from the Development Fund (because the basis for the target reserve calculation will be changed for 2025, resulting in a target of just over £100,000). In addition, during the year the 23 Linden Grove house was sold, realizing a gain of £163,807 on the historically used asset value. This gave a total unrestricted fund value at year end of £266,788. The regular giving increased by 3% compared to the previous year, and we received 3 grants totalling £16,950. No legacies were received in 2024.

The expenditure on buildings (£31,000, excluding depreciation) was lower than the past two years. Staffing costs increased by about 20% due to additional posts being created partway through 2023, but some of this was covered by specific donations. The contracts for two positions came to an end late in the year. In 2024 the Freewill Offer to York Diocese was reduced to £80,000 (compared to £123,900 for the two previous years), and the 10% of voluntary income that we give to other Christian organizations was £21,080.

ii. Designated Funds

At the start of 2024 the Development Fund (money from the sale of 64 Queen’s Rd) stood at £19,570. At the end of the year this money was transferred to the general unrestricted fund in order to build up the reserves. In September 2024 the amount received from the sale of the Linden Grove house was £170,394. This became the new Development Fund. (The money was formally transferred into it early in 2025).

ST BARNABAS PAROCHIAL CHURCH COUNCIL Page 7 REVIEW OF THE YEAR ENDED 31 DECEMBER 2024 CONT. Financial Re ort continued iii. Restricted Funds Income for the Jachie Eye Clinic in Ghana was received in the form of £4,512 raised at the Craft Aid event and £1,844 in other donatr'ons. £10,000 was sent to the clinic. £2,394 was given to support blind chIld￿n in Ghana. and this was sent on to Sister Aba to spend on their behalf at the stsrt of 2025. The organ Maintenan￿ fund is available for the ongoing maintenance of the refurbished organ. During the year £770 was raised at a concert and £739 was spent, leaving a balan￿ of £7,348. £365 was raised through donations and the sale of hand-made cards for the 8ible Society in China, and this was all sent on to them at the end of the year. £200 was used to help local people in need from donations to the Acts435 project. £394 was sent to Tearfund. £369 was raised by the Big Quiz. and the rest came from donations. iv. Reserves Polic See Note 15 on Page 20. Trustees Responsibllities The Charities Act 2011 requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the trust and of the surplus of the trust for that period. In preparing those financial statements the trustees a￿ required to.. Select suitable accounting policies and apply them consistently Make judgements and esb'mates that are reasonable and prudent Prepare financial statements on the going concern basis unless it is inappropriate to presume that the trust will continue in existence. The trustees are responsible for keeping proper accounting records. which disclose with reasonable accuracy at any time the financial position of the trust. They are also responsible for safeguarding the assets of the trust and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Signed on behalf of the Trustees.. Revd Dr David Goodhew, Wicar and PCC Chairman Date: 7th July 2025

ST BARNABAS PAROCHIAL CHURCH COUNCIL

Page 8

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2024

Notes INCOME & ENDOWMENTS FROM : Donations & Legacies 3a Other Trading Activities 3b Income from Investments 3c Income from Charitable Activities 3d Other Income 3e Gain on sale of 23 Linden Grove 3f TOTAL INCOME EXPENDITURE ON : Raising Funds 4a Charitable Activities 4b TOTAL EXPENDITURE Net income/(expenditure) Add transfers between funds Net movement in funds Reconciliation of Funds Funds at 1st January 2024 TOTAL FUNDS CARRIED FORWARD at 31st December 2024		Unrestricted £ 255,589 17,180 2,757 27,202 10,668 163,807 ______ 477,204 0 313,171 313,171 164,033 19,570 0 0 183,603 857,085 1,040,688	Designated £ 0 0 0 0 0 0 _____ 0 0 0 0 0 -19,570 0 0 -19,570 19,570 0	Restricted 2024 2023 £ £ £ 9,419 265,008 317,000 4,512 21,692 21,544 0 2,757 1,726 0 27,202 25,228 0 10,668 9,755 0 163,807 0 _____ 13,931 491,134 375,251 27 27 0 15,199 328,370 389,940 15,227 328,398 389,940 -1,296 162,736 -14,688 0 0 0 0 0 0 0 0 0 -1,296 162,736 -14,688 15,113 891,769 906,457 13,817 1,054,505 891,769 Year ended 31/12

ST BARNABAS PAROCHIAL CHURCH COUNCIL Page 9 BALANCE SHEET AS AT 31 DECEMBER 2024 Notes Unrestricted Restricted 2024 2023 FIXED ASSETS Tangible assets 773.900 773,900 779,440 CURRENT ASSETS Debtors Cash at bank and in hand 21.833 252.677 579 14,625 22,412 267,302 18,694 98,567 274,510 15.204 289,714 117,261 Creditors due within one year 7,722 1,387 9,109 4,933 NET CURRENT AssErs 266,788 13.817 280,605 112,328 NET ASSETS 1,040,688 13,817 1,054,505 891,769 FUNDS Restricted funds 13.817 13,817 15,113 Unrestricted funds 266.788 266,788 77,645 Designated funds 19,570 Fixed Assets 773,900 773,900 779,440 TOTAL FUNDS 1,040.688 13,817 1,054,505 891,769 Signed on behalf of the Trustees.................. Revd Dr David Goodhew Vicar and PCC Chaiman Date: 7th July 2025

ST BARNABAS PAROCHIAL CHURCH COUNCIL

Page 10

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31/12/24

1. ACCOUNTING POLICIES

Basis of Preparation

The financial statements of the charity have been prepared under the Church Accounting Regulations 2006 in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention. 2011. The PCC constitutes a public benefit entity as defined by FRS102.

Funds

Restricted Funds represent (a) income from trusts or endowments which may be extended only on those restricted objects provided in the terms of the trust or the bequest, and (b) donations or grants received for a specific object or invited by the PCC for a specific object. The funds may only be expended on the specific object for which they were given. Any balance remaining unspent at the end of each year must be carried forward as a balance on that fund. The PCC does not usually invest separately for each fund. Where there is no separate investment, interest is apportioned to individual funds on an average balance basis.

Unrestricted Funds are general funds which can be used for PCC ordinary purposes.

Designated funds are unrestricted funds set aside for specific purposes by the PCC.

Income and Endowments

Planned giving, collections and donations are recognised when received. Tax refunds are recognised when the incoming resource to which they relate are received. Grants and Legacies are accounted for when the PCC is legally entitled to the amounts due. Dividends are accounted for when receivable, interest is accrued. All other income is recognised when it is receivable. All incoming resources are accounted for gross. Expenditure

Grants and donations are accounted for when paid over, or when awarded, if that award creates a binding obligation on the PCC. The diocesan quota or parish share is accounted for when due. Amounts received specifically for Mission are dealt with as restricted funds. All other expenditure is generally recognised when it is incurred and is accounted for gross.

Fixed Assets

Consecrated and Beneficed property is excluded from the accounts by s.10(2) of the Charities Act 2011. No Value is placed on movable church furnishings held by the church wardens on special trust for the PCC and which require a faculty for disposal since the PCC considers this to be inalienable property. All expenditure incurred during the year on consecrated or benefice buildings and movable church furnishings, whether maintenance or improvement, is written off as expenditure in the SOFA and separately disclosed.

Equipment used within the church premises is depreciated on a straight line basis over 10 years. Individual items of equipment with a purchase price of £1,000 or less are written off when the asset is acquired.

Investments are valued at market value at 31st December.

ST BARNABAS PAROCHIAL CHURCH COUNCIL

Page 11

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31/12/24 (CONT.)

Grants payable without performance conditions

These are only recognised in the accounts when a commitment has been made and there are no conditions to be met relating to a grant which remain in control of the charity.

Changes in Accounting policies and previous accounts

There has been no change to the accounting policies (variation rules and methods of accounting) since last year, and no changes to the previous accounts.

Basis of preparation:

The financial statements have been prepared on the historical cost basis of accounting in accordance with the Charities Act 2011 and in accordance with applicable accounting standards. In preparing the financial statements the charity follows best practice as laid down in the Statement of Recommended Practice

Measurement of debtors and creditors

Debtors (including trade debtors and loans receivable) are measured on initial recognition at settlement amount after any trade discounts or amount advanced by the charity. The PCC has creditors which are measured at settlement amounts less any trade discounts.

2. TANGIBLE FIXED ASSETS

EQUIPMENT Cost 1st January 2024 Additions /subtractions Cost at 31st December 2024 Depreciation 1st January 2024 Charge Depreciation at 31st December 2024 Net Book Value 31st December 2024 31st December 2023	Freehold Furniture Fixtures Equipment Property & Fittings Total £ £ £ £ £ 756,587 38,132 95,324 3,783 893,826 -6,587 0 1,921 3,959 -707 750,000 38,132 97,245 7,742 893,119 0 34,621 78,629 1,135 114,386 0 1,121 3,335 378 4,834 0 35,742 81,964 1,513 119,219 750,000 2,390 15,281 6,229 773,900 756,587 3,511 16,694 2,648 779,440

Notes :

(1) Freehold property at 1st January 2024 consisted of

(a) House at 23 Linden Grove, valued at cost (£6,587). [Sold during 2024]

(b) The Church hall and all land shown edged red and green on the title plans is held at deemed cost (as reliable cost information is not available) as valued by Andrew Argyle MA FRICS at £750,000.

(2) Depreciation is applied annually to all furniture, fixtures and fittings and equipment at 10% from the first year of their full use for 10 years.

ST BARNABAS PAROCHIAL CHURCH COUNCIL

Page 12

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31/12/24 (CONT.)

INCOME & ENDOWMENTS

3a. DONATIONS & LEGACIES

3a. DONATIONS & LEGACIES
Collections (not gift aided) Gift aided donations Tax received from Gift Aid Other donations and loan income Grants Legacies 3b. OTHER TRADING ACTIVITIES Hall and church lettings Sales of materials and services Craft aid (Jachie) Coffee mornings for Robinsons 3c. INCOME FROM INVESTMENTS Bank interest 3d. INCOME FROM CHARITABLE ACTIVITIES		Unrestricted £ 6,766 151,924 38,592 41,358 16,949 0 255,589 16,399 781 0 0 17,180 2,757 2,757 1,445 0 800 22,253 1,147 349 1,208 0 27,202 0 10,668 10,668 170,394 6,587 163,807	Designated £ 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0	Restricted 2024 £ £ 0 6,766 2,830 154,754 2,384 40,976 4,205 45,562 0 16,949 0 0 9,419 265,008 0 16,399 0 781 4,512 4,512 0 0 4,512 21,692 0 2,757 0 2,757 0 1,445 0 0 0 800 0 22,253 0 1,147 0 349 0 1,208 0 0 0 27,202 0 0 0 10,668 0 10,668 0 170,394 0 6,587 0 163,807	2023 £ 4,850 156,779 41,279 34,945 24,187 54,960 317,000 15,862 1,138 4,544 0 21,544 1,726 1,726 500 0 780 22,141 1,329 58 419 0 25,228 0 9,755 9,755 0 0 0
Coffee and tea Bookstall PCC fees for special services Events Mini Praise / Toddlers Other outreach Barneys Band Church history 3e. OTHER INCOME Insurance claims Diocese reimbursement for Student Worker 3f. SALE OF 23 LINDEN GROVE Income from sale of asset Book value of asset Gain on sale

ST BARNABAS PAROCHIAL CHURCH COUNCIL

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NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31/12/24 (CONT.)

EXPENDITURE 4a. RAISING FUNDS Craft aid 4b. CHARITABLE ACTIVITIES 4.1b Grants to Other Bodies Acts 435 Angel Tree Project Bible Society Big Kids Blind children (Ghana) Boro Angels Christian Aid Crosslinks (Robinsons) / Place of Grace Internship Support Jachie Eye Clinic Mescos The Message Trust Middlesbrough Foodbank Open Door Interserve (SE Asia) A Rocha International Sowing Seeds St. Columba Project Tear Fund Teesside Hospice Together Middlesbrough & Cleveland Donations to pass on Institutional Grants subtotal	Unrestricted £ 0 0 0 300 400 1,000 0 0 250 6,800 0 2,800 1,250 780 0 600 2,000 0 900 0 4,000 0 0 0 21,080	Designated £ 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0	Restricted £ 27 27 380 0 365 0 0 0 0 0 0 10,000 0 0 0 0 0 0 0 0 394 0 0 3,322 14,461	2024 £ 27 27 380 300 765 1,000 0 0 250 6,800 0 12,800 1,250 780 0 600 2,000 0 900 0 4,394 0 0 3,322 35,541	2023 £ 0 0 2,610 300 1,504 1,000 1,580 0 300 6,800 0 23,520 2,500 1,500 0 800 2,500 1,000 1,000 0 4,390 0 800 622 52,726

Note : It is current PCC policy that our Kingdom Mission giving, represented by the unrestricted items above, is 10% of unrestricted giving (including tax reclaimed) in the previous year. Legacies are not included unless it is clear that the donor wished theirs to be.

4.2b Freewill Offer to the Diocese 4.2c Affiliations Evangelical Alliance Fusion Friends International Affiliations subtotal	80,000 0 0 80,000 123,900 250 0 0 250 250 0 0 0 0 750 0 0 0 0 150 250 0 0 250 1,150

ST BARNABAS PAROCHIAL CHURCH COUNCIL

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NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31/12/24 (CONT.)

EXPENDITURE (CONT.) Unrestricted £ 4b. CHARITABLE ACTIVITIES (CONT.) 4.3b Maintenance of Buildings and Grounds Church maintenance 4,231 Hall upkeep 7,134 New furniture and equipment 749 Church and hall insurance 7,601 Vicarage costs 260 Linden Grove upkeep 2,713 Other maintenance costs 3,842 Building improvement projects 4,151 Depreciation 4,834 Buildings subtotal 35,515 4.4b Utilities Costs Gas 9,382 Electricity 8,503 Water 1,586 Utilities subtotal 19,471 4.5b Personnel Costs Worship Leaders 25,170 Media Worker 12,515 Student Worker 10,668 Community Worker 6,961 Church Administrator 12,515 Hall Cleaner 5,006 NI Contributions 0 Pension contributions 2,743 Staff and lay expenses 2,124 Gap year workers 0 Advertising / interviewing 0 Children and Families Work 12,514 Other staff costs 709 Personnel costs subtotal 90,924	Designated £ 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0	Restricted £ 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0	2024 £ 4,231 7,134 749 7,601 260 2,713 3,842 4,151 4,834 35,515 9,382 8,503 1,586 19,471 25,170 12,515 10,668 6,961 12,515 5,006 0 2,743 2,124 0 0 12,514 709 90,924	2023 £ 21,127 5,669 1,627 7,255 253 5,632 3,193 0 7,216 51,973 9,621 7,027 1,131 17,779 27,727 11,550 9,755 1,192 9,441 4,574 0 2,290 1,408 0 460 6,031 1,048 75,476
Church maintenance Hall upkeep New furniture and equipment Church and hall insurance Vicarage costs Linden Grove upkeep Other maintenance costs Building improvement projects Depreciation Buildings subtotal 4.4b Utilities Costs Gas Electricity Water Utilities subtotal 4.5b Personnel Costs Worship Leaders Media Worker Student Worker Community Worker Church Administrator Hall Cleaner NI Contributions Pension contributions Staff and lay expenses Gap year workers Advertising / interviewing Children and Families Work Other staff costs Personnel costs subtotal

ST BARNABAS PAROCHIAL CHURCH COUNCIL

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NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31/12/24 (CONT.)

4b. CHARITABLE ACTIVITIES (CONT.) 4.6b Activities costs Youth General Students and Young Adults Flowers Music and licenses Sound & video equipment Organ and piano maintenance Bookstall Catering Events Discipleship courses Other activities Activities subtotal 4.7b Outreach costs Outreach courses Equipping Website Vicar's Discretionary Fund Children/families (inc F.Fridays&F.of Fun) Outreach to students Asylum Seekers Community Grocery Other outreach Outreach subtotal 4.8b Administration Costs Office supplies Office Phone Office Computer Office Copier Office systems Expense Plus Administration subtotal 4.9b. Governance Costs Independent Examiner's fees Other fees/charges Governance costs subtotal CHARITABLE ACTIVITIES TOTAL	Unrestricted Designated Restricted £ £ £ £ 2,942 0 0 1,428 0 0 1,381 0 0 2,003 0 0 20 0 0 110 0 739 0 0 0 1,334 0 0 21,956 0 0 0 0 0 8,330 0 0 39,503 0 739 258 0 0 0 0 0 1,806 0 0 164 0 0 10,506 0 0 50 0 0 0 0 0 5,311 0 0 1,934 0 0 20,030 0 0 611 0 0 412 0 0 0 0 0 1,953 0 0 903 0 0 40 0 0 3,920 0 0 1,260 0 0 1,218 0 0 2,478 0 0 313,171 0 15,227	2024 £ 2,942 1,428 1,381 2,003 20 848 0 1,334 21,956 0 8,330 40,242 258 0 1,806 164 10,506 50 0 5,311 1,934 20,030 611 412 0 1,953 903 40 3,920 1,260 1,218 2,478 328,398	2023 5,089 1,696 2,024 2,399 681 4,471 0 1,418 22,099 0 2,701 42,577 327 0 1,985 0 11,048 265 0 4,390 47 18,062 871 290 5 1,677 876 0 3,720 1,140 1,436 2,576 389,940

ST BARNABAS PAROCHIAL CHURCH COUNCIL

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NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31/12/24 (CONT.)

5a. DESIGNATED FUNDS Current year Development TOTAL Previous year Development TOTAL		At 1/1/24 £ 19,570 19,570 At 1/1/23 41,570 41,570	Incoming £ 0 0 Incoming 0 0	Outgoing £ 19,570 19,570 Outgoing 0 0	Transfers £ 0 0 Transfers 22,000 22,000	At 31/12/24 £ 0 0 At 31/12/23 19,570 19,570

5b. DESCRIPTIONS OF DESIGNATED FUNDS

Development - Fund set up for future development using net proceeds from the sale of 64 Queen's Road. In 2022 two other designated funds - Toddlers and Future Staffing - were emptied and wound up. They no longer existed in 2023.

6a. RESTRICTED FUNDS Current year Jachie Blind children in Ghana Robinsons Church holidays Ayresome Youth Worker Acts435 Organ maintenance Bible Society (China) Interserve (SE Asia) Vicar's Discretionary Fund Donations to Pass On Tearfund Total restricted funds Previous year Jachie Blind children in Ghana Robinsons Church holidays Ayresome Youth Worker Acts435 Organ maintenance Bible Society (China) Interserve (SE Asia) Vicar's Discretionary Fund Donations to Pass On Tearfund Total restricted funds

At 1/1/24 Incoming Outgoing Transfers At 31/12/24 £ £ £ £ £ 5,476 6,356 10,027 0 1,805 1,348 2,394 0 0 3,741 0 25 0 0 25 528 0 0 0 528 141 0 0 0 141 180 380 380 0 180 7,317 770 739 0 7,348 0 365 365 0 0 20 0 0 0 20 4 0 0 0 4 100 3,222 3,322 0 0 0 419 394 0 25 15,113 13,512 14,833 0 13,792 At 1/1/23 Incoming Outgoing Transfers At 31/12/23 7,391 18,605 20,520 0 5,476 603 2,325 1,580 0 1,348 0 0 0 0 0 528 0 0 0 528 141 0 0 0 141 270 2,520 2,610 0 180 11,697 0 4,381 0 7,317 0 473 473 0 0 20 0 0 0 20 4 0 0 0 4 0 722 622 0 100 0 390 390 0 0 20,654 23,922 29,563 0 15,013

ST BARNABAS PAROCHIAL CHURCH COUNCIL

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NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31/12/24 (CONT.)

6b. DESCRIPTIONS OF RESTRICTED FUNDS

Jachie - Donations and funds raised for the Jachie Eye Clinic in Ghana. Blind Children - Donations to support specific blind children in Ghana. Robinsons - Funds raised to support the Robinsons in Thailand.

Church holidays - Donations to assist church members who cannot afford the cost of a church holiday. Ayresome Youth Worker - Fund for evangelism relating to children living in Ayresome. Acts435 - Internet scheme to help the local poor.

Organ maintenance - Donations for organ maintenance and restoration.

Bible Society (China) - Funds raised by selling hand-made cards for the Bible Society to use in China Interserve (SE Asia) - Donation to support work in SE Asia.

Vicar's Discretionary Fund - Grant for discretionary financial support from the vicar. Donations to Pass On - Donations given to pass on to another charity.

Tearfund - Money raised through donations or Quiz tickets for Tearfund projects

7. CASH AT BANK AND IN HAND Cash at year end HSBC Community Account HSBC Business Money Manager Account Nationwide Building Society Account 8. DEBTORS Prepayments Other debtors 9. CREDITORS ` Accruals Other creditors		Unrestricted Funds £ 0 10,479 188,868 53,330 252,677 2,250 19,583 21,833 1,095 6,627 7,722	Restricted Funds £ 0 0 14,625 0 14,625 0 579 579 0 1,387 1,387	31/12/24 Total £ 0 10,479 203,492 53,330 267,302 2,250 20,162 22,412 1,095 8,013 9,109	31/12/23 Total £ 0 12,513 33,868 52,186 98,567 0 21,539 21,539 0 2,132 2,132

10. ANALYSIS OF NET ASSETS BETWEEN FUNDS

Current year

Fund balances at 31/12/24 are represented by : Tangible fixed assets Current assets Creditors : amount falling due within one year Net assets	Unrestricted £ 23,900 274,510 7,722 290,688	Designated £ 0 0 0 0	Restricted £ 0 15,204 1,387 13,817	Property £ 750,000 0 0 750,000	Total £ 773,900 289,714 9,109 1,054,505

ST BARNABAS PAROCHIAL CHURCH COUNCIL

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NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31/12/24 (CONT.)

10. ANALYSIS OF NET ASSETS BETWEEN FUNDS (CONT.)

Previous year			Unrestricted	**Designated **	**Restricted **	Property	Total
Balances at 31/12/23			£	£	£	£	£
Tangible fixed assets			22,853	0	0	756,587	779,440
Current assets			82,578	19,570	15,113	0	117,261
Creditors : amount falling	due within a year		4,933	0	0	0	4,933
Net assets			100,498	19,570	15,113	756,587	891,769
11. FUNDS RECEIVED AS AGENT
Description	Related	Amount This Year	Received Last Year	Amount This Year	Paid Out Last Year	Balance at This Year	Period End Last Year
Wedding/funeral fees	Party?	£	£	£	£	£	£
to York Diocese	N	1,698	1,288	1,698	1,288	0	0
Wedding/funeral fees
for verger/organist	N	780	725	780	725	0	0
Funeral donations
for specified charity	N	0	256	0	256	0	0
Gift received at a service
for specified charity	N	0	555	0	555	0	0
YDBF money to cover
Student Worker pay	Y	10,668	9,755	10,668	9,755	0	0
Total		13,146	12,579	13,146	12,579	0	0
12. STAFF COSTS AND	NUMBERS			31/12/24	31/12/23
Gross Wages and Salaries				£ 72,834	£ 64,239
Employer NI Contributions				1,512	1,313
Employer NI Relief				-1,512	-1,313
Employer pension contributions				2,494	2,082
Employer life cover				249	208
				75,577	66,530
Employees were engaged in each		of the following activities:		31/12/24	31/12/23
				TOTAL	TOTAL
Administrator				1	1
Hall cleaning				1	1
Worship Leader				2	3
Media Worker				1	1
Community Worker				0	1
Student Worker				1	1
				6	8

No employees received emoluments in excess of £60,000. Staff are paid through the PAYE system.

ST BARNABAS PAROCHIAL CHURCH COUNCIL

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NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31/12/24 (CONT.)

13. TRUSTEES AND OTHER RELATED PARTIES

(This section also covers payments to Key Management Personnel, ie those persons having authority and responsibility for planning, directing and controlling the activities of the church, namely the clergy and staff as well as the PCC)

13a. Payments for being a Trustee

None of the trustees received a salary or were paid expenses for being a trustee.

13b. Trustees or Related Parties Employed in other Roles

13b. Trustees or Related Parties Employed in other Roles	Received
	£
Imogen Burgess-Hale (trustee) is employed as administrator	12,177
Phil Hale (related party) is employed as media worker	12,139

13c. Expenses (and Reimbursements) paid to the Clergy Trustees

Revd Dr David Goodhew and Revd Lindsey Goodhew received expenses to cover routine expenditure as vicar and associate vicar. Phone bills were refunded, and travel and small scale entertaining were covered by a £30/month allowance - total paid to them in 2024 was £791. Additionally, irregular/oneoff reimbursements of expenditure were claimed separately. James Cawdell was reimbursed for expenditure on water, travel, phone and pastoral care - total paid was £1272.

All of the above were paid for activities as clergy rather than as trustees.

13d. Expenses paid to Lay Trustees

None of the lay trustees received an expense allowance.

13e. Expenses paid to Related Parties

Mary Devereux is responsible for the flower account. She receives an expense allowance of £35/fortnight to cover the flower displays in church throughout the year. She is also reimbursed for the extra spent on displays for special occasions.

13f. Reimbursement of Expenditure

Several trustees received reimbursement for money spent on behalf of the church. Such reimbursements are reviewed and approved, normally by the churchwardens, before being paid.

13g. Trustees and Related Charities

A Bolton is trustee of Big Kids and D Smith works for Big Kids; The PCC have a Service Level Agreement at £10,000/year in place with Big Kids, under which they organize the Explore events. Big Kids also receive the equivalent of the real living wage (20 hours) for their work with children and families. The PCC made a £1000 donation to Big Kids, and another donation of £625 from an individual was passed through the church accounts. Big Kids also received £684 as reimbursement of

A grant of £8,750 was received from the Lyndhurst Trust, of whom Revd L Goodhew is a trustee. £6,000 of this was given to support the work of the Community Grocery. £2,000 was given to assist children (whose families who could not otherwise afford it) to attend the Criccieth camp. The remaining £750 was given to support the ministry to students, particularly around training and attendance at the weekend away.

ST BARNABAS PAROCHIAL CHURCH COUNCIL

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NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31/12/24 (CONT.)

14. RISK ASSESSMENT

The major risks to which the PCC is exposed have been reviewed and systems established to manage those risks. Risks are managed by the PCC and its sub committees, drawing on the expertise of other church members in such areas as building maintenance, health and safety and legal matters. The PCC has a policy on child protection, requiring all those involved in work with children to have DBS checks. Advice and further specialist expertise can be obtained from the diocese as required.

15. RESERVES POLICY

The reserves policy agreed in Dec. 2015 that at least 10 weeks' expenditure is needed for cash flow and contingency purposes remained unchanged for 2024. The reserves policy was reviewed by the Finance Subcommittee during 2024 and the new reserves target going forward will be based on current best practice rather than a simple number of weeks or months.

16. PUBLIC BENEFIT

The charity acknowledges its requirement to demonstrate clearly that it must have charitable purposes or ‘aims’ that are for the public benefit. Details of how the charity has achieved this are provided in the Trustees report. The Trustees confirm that they have paid due regard to the Charity Commission guidance on public benefit before deciding what activities the charity should undertake.

17. PENSION SCHEME

St Barnabas church participates in the Pension Builder Scheme section of Church Workers Pension Fund for lay staff. The Scheme is administered by the Church of England Pensions Board, which holds the assets of the schemes separately from those of the St Barnabas church and the other participating employers.

The Pension Builder Scheme of the Church Workers Pension Fund is made up of two sections - a deferred annuity section known as Pension Builder Classic and a cash balance section known as Pension Builder 2014. Both of which are classed as defined benefit schemes.

Pension Builder Classic provides a pension, accumulated from contributions paid and converted into a deferred annuity during employment based on terms set and reviewed by the Church of England Pensions Board from time to time. Discretionary increases may also be added, depending on investment returns and other factors.

Pension Builder 2014 is a cash balance scheme that provides a lump sum which members use to provide benefits at retirement. Pension contributions are recorded in an account for each member. Discretionary bonuses may be added before retirement, depending on investment returns and other factors. The account, plus any bonuses declared is payable, unreduced, from age 65. There is no sub-division of assets between employers in each section of the Pension Builder Scheme.

The scheme is considered to be a multi-employer scheme as described in Section 28 of FRS 102. This is because it is not possible to attribute the Pension Builder Scheme’s assets and liabilities to specific employers and means that contributions are accounted for as if the Scheme were a defined contribution scheme. The pensions costs charged to the SoFA in the year are the contributions payable (2024: £2,494, 2023: £2,082)

A valuation of the Pension Builder Scheme is carried out once every three years. The most recent valuation was carried out as at 31 December 2022 and the next valuation is due as at 31 December 2025.

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NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31/12/24 (CONT.)

17. PENSION SCHEME (CONT.)

For the Pension Builder Classic section, the valuation revealed a surplus of £34.8m on the ongoing assumptions used. At the most recent annual review effective 1 January 2025, the Board chose to grant a discretionary bonus of 6.7% to both pensions not yet in payment and pensions in payment in respect of service prior to April 1997; and a bonus on pensions in payment in respect of post April 2006 service so that the pension increase was 2.7% (where usually it would be calculated based on inflation up to 2.5%). This followed improvements in the funding position over 2024. There is no requirement for deficit

For the Pension Builder 2014 section, the valuation revealed a surplus of £8.5m on the ongoing assumptions used. There is no requirement for deficit payments at the current time.

The legal structure of the scheme is such that if another employer fails, St Barnabas church could become responsible for paying a share of the failed employer’s pension