STATEMENT OF FINANCIAL ACTIVITIES forthe year ended 31 December2024 Unré8trfct•d It•stwKted TOTAL Funds Z024 Unrtslrkted R•slri¢tsd 2023 2023 TOTAL 2023 INCOMING RESOURCES Incnming resources from dono 218) 126114 126114 129059 129059 Oiher voluntary Incomlng ¥esources 21b) 11Y 27832 11662 288 35&50 lrtome Irom charStable & anciltgry tAd*)g 21cl 73514 73514 54879 54879 Oiherordlnary Incornlng r&wurces 21d) Income from investrn¢nl$ 21•) 7013 297 7310 6814 rorAL IN¢OMING RESOIJRCES 218141 1e829 234770 202079 24022 226102 RESOVRCES useD Grant6 3181 217 18211 16428 2397 14093 10490 Aclivlt1•3 directly rnlaled to lh• ol th• ehurth 3(bl 184303 3910 188213 159298 6756 166054 Fund raising & puNidty 4c} 676 670 2708 2708 Church mana98menl & admlnIBt¥a0n 4dl 14511 14511 14182 14182 TOTALRESOURCÉS USED 199707 20121 219828 178585 20849 199434 NETINeOMING4OUTG0114GI RESOURCES BEFORE INV GNs 18434 4492 14942 23495 3173 26668 GANS & LOSSES ON INVESTMENTS realised unreali5ed 1707 1707 1C&1 1091 6411 0411 4102 4102 10513 10513 2798 NETINCoMEXp£0ITIJRe BEING NET MOVEMENT IN FUN0$ 20141 -2401 17740 29906 7275 37181 BALANCES BROVGHTFQRWOAT 1 JANVARY2024120231 73212 294292 191174 65937 257111 BALANCES ¢#ARED FQRWNRO AT 310ECE&IBER 2Q2412fy231 241221 70811 312032 221080 73212 294292
BALANCE SHEET AT 31 DECEMBER 2D 2024 2023 FixeD ASSETS 801•r Investment 8ssets 19712 125055 144767 122257 122257 CURRENT ASSETS Stock Cash on dep051t Cash al bank Deblor¥ & prepanIS 15 15 79452 98854 13495 83937 14293 177697 191816 LIABILlES. AMOUNTS FALLING DuEvlm ONE YEAR -10432 -19781 NÉT CURRENT ASStT8 167285 172035 NA$Ser$ 312032 294292 FUNDS Unrestrfcle¢J Restri¢tsd 241221 70811 221080 73212 312032 294292 Slgnèd:. Pllgrfm A J Floblnson k)n TrBasu Daled:_ 2.£-. 2r 2.¥.2DaS
NOTES TO THE FINANCIAL STATEMENTS forlhg arenth 31 Dgc¢mb¢r 2024 I AC¢OiSNnNG Pol$ The financial slalernents have been prepared ihe histori¢al cost wweiton èxcept for the valuation of investrnent assets. which are $h¢)wn at markelvalues 2 INCOMING RESOURCES LlnreJtrfEted R¢strlclod TOTAL Res¢rf•rf Funds TOTAL 2023 Funds 2024 Funds FndS al Incomlng rns0urc•Sfrth dor)r8 Planned glwng- Gift Aded Tax recovery Non Gsft dfj General colleConS & donalkns" Gift days lexdudes tax recovery) Sufidry don•ts"ons IirKlud9 lax r•cov•ry) 89300 21622 9782 93507 22356 9103 93507 22358 9103 3631 21622 9782 4864 262 126114 126114 12W59 129059 .•.. CashCt41ocO&¥ IrdJd8s It< SmDtsnakns atbxew 4bl Oth¢rvoluAtAry InMIty rns¢w¢•• Gran15 AppeAls forchufeh Ptsrpos&s Oulreath lineluéing tax r¢covery) Lepacies Fbwers & Ofgan Peiefs Fund {Includln9 tax re} F¢)otprinls linciudirrfJ tax rocoveryl Fwnd80n Ilnduding tax r•eov•ryl 2557 2557 1000 7427 10500 201 4341 1806 1LYJO 7427 8546 6546 11662 456 15076 1610 105 11662 201 456 1S076 1610 1151Kl 16332 27832 11662 23688 35350 21¢) Ineomefrom Cha1br•I nolairylr*dlng HIM ofehurch, ind h•AJrvJ efjrfn 7227 7227 4384 915 91S AdmSnPhoteeopa 0¢¢ Chtsreh Hall Incom Income from fundr8isiro eventg rim Tlley Cart5 incorne Trdldcraft 63736 1079 837 1079 45141 45141 3888 19 $32 19 2S) 7&514 73514 54879 54879 21dl Olh¢r ardlnary trornIng r[re Clher 21•1 1n¢0mèfrth In¥•sbMen DSvldends Deposit a¢Ut irterest 3189 3291 3189 3625 3775 4072 334 7013 297 7310 334 6814 TOTALINCOMING RESOURCES 218141 16629 234770 202079 24022 226102
NOTES TO THE FINcIAL STATEMENTS forthe year onded 31 De¢•mber 2024 3 RESOVRCES USED Unr•¥trkithl Fund$ Unr•strKt•O 118stri¢ted Fun¢Js Fund5 TOTAL 2023 2024 31al Gramlts Ml•slowy& ¢h4rf14bl•9Ntln9 Church overseas 8 charities Horne mlsslons & charilles 1CQ 117 13386 3042 1500 9175 4918 Icé75 5815 2925 217 16211 16428 2397 14093 16490 Jlbl Actlvltltrsdlr•¢tty r•lt•dlO thwtsTkafth•Clwr¢h Mlnlslry.. Tcarag¥ Upk¢¥p ftcar8ge telephone Other Expenses Honoraria & other dergy Chyr¢h & $grYl¢•¥'. Healing, lighlir(. d•anino Insuran¢9 Organ & lano upkegp Upkeep of Servic•s Organisi a Deputy FI0r$ Qlh•rordlnry •xp•ns• 8ndirnnsl•r•: Church ioullAO malnl•nane• Building$ (New PrtsJe¢ts & Repaiis) Educallon, Ywth & FkWrfn¢s Parish Shar Chur¢h H•ll Expendire 195 595 395 4491 4491 3999 821 6787 3366 3998 676 6781 3998 670 1593 821 6787 $188 424.49 424.49 42 429 25S7 22853 12096 12096 7347 9eL#)O 44367 6276 96000 44367 1139 8177 96Cx)O 33541 96000 33541 184J)3 3910 188213 159298 6756 186054 31el Fund11¥ & publlclty Co$ls ¢1 fUraISi¢vj e¥¢nts TIM Tlley Card Cos1 of Sale$ Traldcraftcost of Sales Publt¢ity ExpendilLTrre liftelLlir¢ wéb f•8s1 676 676 2340 2340 676 676 2708 31dl Church maMg•m•nt & admlnlsirnii•n Admlnlstraan Bonk ¢h8roes Sundrig¥ 13953 13340 403 13340 403 439 14511 14511 14182 14182 TOYALRESOURCES USED 199707 20121 219828 178585 199434 4 sTF C05TS Wages & Salarles 3158$ Ouriw iByeartre PCC ernptyd.. P0ri5h AIknTniibk¢.YWthV. H0llAdMthty, HaOO¥nvl¢kv. awJ41ed mshr9thP PW. andw8 ar&gr•lth 10th wpTelcrthwffjsty. Ourtyfv yp4rtr¢ PCC £473.52 lo ¥l*thk1wpTh>i1RSLnASFf4dqJ3a1thpreJ stalthyveh iTrtheabcvefwol
NOTES TO THE FINANCL4L STATEMENTS for the year ended 31 D•¢•mb•r 2024 S FLYED ASSETS FOR USE BY THE P.C.C. YOYAL 2024 TOTAL 2023 Ea T4nglbleFtxed Assets ¢hurGh Hall seeA¢coting lknlicies stslemert forthe trealm?nlof Ihe Chwth Hal 1Th5ts111tyn of ¥olarP¥nels Ce51cf valua10 Addrfions ÉndA131 Othb•r2024 Depwèuon. Gharge 31 DKembw2 ¢•rrying •m¢¥n1•131 O•¢•rr•r2024 19712 Dumg th¢ r8d$rP1rs b1tt$t49¢WvIn5tIIOl p95 8reknYllenolltyerttir6Stsnètrd LoUle¢0mie1rfe ol Sb IrweslrnBnl Cenlr81808rd of FlnorKe Investment Fund 248 Units Designated Church NC No. 605010ClS 248 Units Designaled Ha11 NC No. 605010002S 3050 Unfts unde519nated No. e05010003S 1862 Unlts C H Davey Endowment No. 105001172S MathotValu• at yaar•nd mathetv3l at yearend Market ValuB at yearend arkelVal at year•nd 5734 5734 70530 430S7 88951 42094 125055 1222S7 6 ANALYSIS OF NET ASSETS BY FVND Unr•strict•d Fd• 95976 155677 -10432 Unr•$irkt•d Rè$trloiad FuTrJs Fund Fund# Fixed Assgts GuThenl Assets Currént L1$bil&S 48791 22020 1447fj7 177697 .10432 74558 166303 -19781 47699 25513 122257 191816 -19781 Fund Balance 241221 70911 312032 221080 73212 294292 DEBTORS & PREPAYMEtI 2024 2023 11925 GHI Aid T•x Recovery- all sourt•s 402 Church Ifire CBF Deposit inte$t due lor Do¢ Chuh. Othar Church Hall 11816 1066 613 456 Pllllnger Inieresto*ed to Hall a¢Col 14293 13495
NOTES TO THE FINAIICIALSTATEMENTS for th• year ended 31 DtcembET 2024 LL481LrrEs: AMOUNTS FALLING DUE YIIThIN ONEYEAR 2024 2023 Chh Dec Gas & Ele¢ Chtsrch Hall-. Gas & Elecfor DeG £crual for o(her late invoices Church.. early payrnenl of Hire Admlnislration CJJtreach- Peter Fund SUII to pay Outreach-other balances due Hall.. EatyPoyrnentol frfims Church othgrrAqditors Church Hall lale paymenl of Bilt¥ Organ funlry In 20 14URC t8xe$ 440 5731 512 8tK)o 6630 574 2441 2030 1709 293 258 10432 FUND DETALS 2024 1050 178427 6211 170 43057 2023 1026 158704 9855 401 Inrarage Upkeep Fund G•neral R850 lees Fund for UgandArs Orphan EduOn l R•slrkt•d ) Fl¢w¢r Fund l Reslricled FuThJ I C H Davey Endowmgnl Tw31 Fund No. 4701105001172S- Restkled Fu) Chureh Hall Funrl rim Tiley T¥¥ldcraft AJC Major R•palrs ft•rv• SC#)0 283 1559 48148 48148 kll F¢20tprinls IRestricie(J Fundl ChUh No. 605010001S Hall AIC No. 605010CMJ2S l R•strfct•d I Oryan Fund l Restricted Fund I Plllln9¥r Fund for H?11 l R?strled Fund I Vlol81 Gate5 PastoRI Car• Fund Re$lri¢ted Buildings IReslricledl 9rounds Rosernary PaintoTrSrnilh Fund l Reslricted Fund I C>Jtreach Fund IR85trfcled Fundlwef 111RO Reslrfeled Legaeles Fund IRestrict•d Fur%4} 581 5734 5734 S04 $60B S606 $41 2QOD 753 2000 771 12497 12212 312032 294292 91.GENERALREseRVE8 2023 -23513 Dl$byrsemenls1 Ilncr¢a?o1 158704 Closing Balane• 2024 -18923 (4)en9 BalarK 178427 PThi5ions 2024 158704 2023 129467
NOTESTO THE nP¥NCtALsfATEMEpirs forthe ygar ended 31 D¢¢•Mbor 2024 gb. OUTREACH Th¢ rnain"Fund' %thich is held in respeclof Otstreath ¢tsTenlly is the Peter Fund (see Noie 9s belrr•Jl A small balance ol other CXJlrearh funding is caffaed lotward to 2022 (see Note 9x below) The information set out in Ih15 rK)ts is io $h¢)w the detail of Ihg source of Outsach IncLTh. 8nd Ih? daslinalion of such irume (see Noles 2(bl and 3(a}above} For ¢¢Mpblene$3. the Peter Fund income and experkliture are shown hwe. although Note 9s also includes these dgtail5. Sirnilarly Nota 9x 5Urnrn3rise5 other Outreach tnCOff and exFthd1turewhh are also shown he Fun¢Jr4ising & Cg11gdion$ ¥r¢ ¥hovm including ¥orne throctC4Xt8 paid ty th8 PCC in r[nIn9 the events GNIIIG Janani Lu¥vum College IUgaTh8al Noth. Uganda Sl Phillips Gulu lu94¢4) Si$lers ol the cl)urth b.Friend IBr¢Jges fof Cornrnwities RIu9e• Embrace ME One25 Kilgum Health can chdSan Ald 2024 FigIIDLlklLMts dra 2024 1500 2024 Olrfjach Appgais 500 1499 Coffee & Olrea¢h donabons C4)naled Fees. ot Fcoiprittis oulreach don•li 3520 414 800 1931 750 158 Effknr•te ME lJ8$ th011oThJo Chn"stian lleCtIOn 1374 Yo¥Jth Profvcl GroM donallons {•x¢ludlng PFI FROM Icf TO>Rese5 Ise8 Donatlons {•xcludlng PF & Tlr) oth8r 197 Peier Fund for Ugandan orphans. Flanned Giving lirKluding tax recovery) & Olherirttome FROM (ty TOIR•8eThw I•neo93) 4341 ol less UnTrstricled PCC 9fdnts 16428 GMSB Incom• utlllsad -216 Fundr8i¥Sryco¥ts Kurr•d 16212 RESTRICTED Grants mad• 'NO., Bonk Forelgn Tr¥r6ferthLy 818Kle akn• 16212 NET trfctad Iom• udllA•d 16212 OÈ. FLOlhEFI FUND IRESTRICTEO FUND I 2023 2024 42$ -219 2023 270 125 Puh0$$ Cash in Hand ¢nd Or C1051ng 8Bnk Openln9 Bank Openiry Cash in Hjnd Donallons Weddirgs 82 194
NOTESTO TME FINAIICIAL STATEMEiirs for the year ended 31 December 2024 9e. VICAR &CHLFRCHWARDENse.M.W. DAVEY ENDOWMENTTRUST FUND 4701 C8F FuNt 105L1Th$j {RE6TN¢TEDFUNOHEiO?YThE DIOCEsEF0RkIEW PIROCHPuFPOsES } 2023 1751 Dlsbursem8n18 4620 Stock Market Adjustment 42094 Closing bal¥n¢¢ 2024 1168 2024 42094 1168 2023 38474 1151 Ci)ening balance CBF Unit Disblbui 4J)S7 82 Investmqnt shown #i ¢urrent marfEet vall. The divld8nd was disiributerl 10 the GeneAI Account as per the P.C.C. Instruttton .CHURCH HALLACCOUI 2023 16603 Staff Costs 5972 Fuel & W8ter& Ral•s In$uranee Dgpr8cialK)A of wlar 4istallalion Fumlture & Equlpment 5937 Servieino & repalrs 338 Admin & Expenses Equipment IseB S•Nickng1 47 Rèluse Olsposal 1026 Cleanlng lexcludlr8 staff costs) Sundry payments 11650 Transfer to Ilroml General Reser¥e rransler to Major Repalrn lund SOOO eAosing lund 2024 18201 Operkg Iw S2 2024 5000 2023 888 Chwch ryganisJt¥)ns Outside lelllngll 182 Donations 403 Div#Jendsllnier¢st 381 (Jher kn(¥ 47 Ilinll8rlnleTrsl InMm• Grants rne0d 2007 42843 53561 156 312 48 7443 153 49 19415 99. TIMTILeY CARDS 2023 19 2024 2023 Purchases Donation lo PCC C105ing Bznk & Cash Stock In Hand end y•ar Stsek In Hand start OpertiNJ Bank & Cash Salg¥ 15 Mo¥•nt In Sto¢k 283 283 19 15 9h. T0cRAFT 2023 2024 2023 1198 218 511 Pureha$8$ Oonation to PCC l)onalon to Traideraft Ex¢han9e Postage Stock bn Hand (End Yearl 1559 Cl¢)sirva Balan Openbng Balancg OpèniThJ Stock in Hand $8l¢s- dosing entr*S Oonauons Inleresl 1809 knemenl Èn Stc¢k 150 418 1809 Tr T4oldrriftarr¢unl has tsten dosed aNJ b218ncesr•nwnthe PCC deCi5k(M
NOTES TO THE FINANCLALSTATEMEMrs forth¢ ygarended 31 ¢bllber 2024 BL mOft REPAIR5 JIE3ERVE 2023 2024 2023 48148 Dlsbursernents ¢)peni#g baFarte Provlslon Translerfrom Hall 48148 48148 Closlng balance 48148 14 PCC has dedded In 2016 lo remove the link beh¥een the Mapr Repairs Reserve •rxl CBF Investmént Units 60501C4)03S. $0 no diMdgnd$ sho*n here. Tare IncILeLl In the Income siatsment. Bk. LEGACY FUND IR•slrletèd Fund) 2023 2024 2023 Dlsburs•rn•rtts IR•strieW Purpts$•sl Closing BalarKg {RtrIcte{l) Openiroj Balance Leo8GIES rvh¥ed (R851r) C8F Inte$t 91. CHURCH (Atc t40. 606010001S I 2023 213 Dl¥burB¢rnenls -482 Sl¢xk MarkelAdju8trnent 5e06 Closirtg balane• 2024 156 -128 5734 2024 2023 5124 213 Openlrg bal0• C8F dIdendS 156 Invostm$nl shw al current rnarkd valLtes. The dlvldend was di8trfbuted lo the Cuwent Account a8 perthe PCC in$lwctwJn 9m. MALL (AI¢ N¢•$010002S I I RESTRICTED FUND I 2023 213 Disbursernents 482 Stock MarkelAdju$tment 5806 Closir¢ balarJ¢e 2024 213 -128 5734 2124 5124 213 2023 Opening bJlanc• CBF dI9ndS 57 Inve$lmeAI Shown al curn1 marketvalues. The dmdend was dlstiibuted dIreY lo the Church Hall Currenl Acco1
NOTESTO THE FINANCIAL STATEMEpirs for the year ended 31 December 2024 9n ORGA14 FUND I RESTRICTED FUND I 2023 2024 541 13 Dlsbursements Closing balance (i)ening balan CBF interest Donab"ons 541 561 13 41 9q. PNGER FUND FOR THE HALL I RESTrICTED FUND I 2023 49 Dtsbursemenls 20DQ (Xosing bala 2024 2024 2023 2000 49 Int¢fg81 46 Th• Int8r•st18 disbursed la tte Church H41 8r. VIOLET OATES PASTOPAL CARE FUND 2023 2024 2D24 753 17 2023 735 18 DJsburs•m•nts Closing Balance Cperllrrfd Babn Intsr•st Don#0n$ 753 771 753 771 771 7S3 PETeR FUND for th• E¥uG•Uonof Uq•ndllnthphl & IndPJ•ntchifdr•rtl REsfRICTED FUND ) 2023 7010 Disbursements 985$ C105ing Balance 2024 9855 3488 873 2023 1789 4376 10700 7985 Q)èniThJ Balance 6211 gular GiftAid kn¢om Otherlrom8 IKtsx rKo¥*i 1688S 14196 14196 1e865
14OTES TOTHE FINANCIAL STATEMENTS for thè year ertded 31 Dec8mber 2024 Rost¢t•d BulldiDgsIiiestrlrWlform41ot•ffja Of01 &grod$ 2023 526 2024 2023 476 Dl8bursem9Th13 Closing 881ance Openlr9 Bala Appeals anL1 Donat¥)ns Grants VICAR & TREJSURER FUND FOR VICARAGE LKEEP 2023 2024 2024 1026 2023 1fK)1 Disbursements 1026 aoslng balan Op•nSr& baknr PrtiwsEon Int8rBsi 1050 24 10 VIC a CNURCKWARDEPIS ROSEMARY PANfoi44MtTH LEGACY I RE$TED AINOI I FOR RELIGIOUS CHIAifABLE PURPOSES I 2023 5188 Dlsbursements 12213 Closing 8alarKe 2024 2024 12213 2023 17081 Oponiry Bjlar 12497 trknr•st OUTREACN FUND f•rdon•tton• EO ¥UPPOrt•d ¢hathi••l RESTTED Fu I I FOR7HE BENEF0F cHrnEs SUPPORTED ay ST peTERS CHURCH I 2024 8227 Openlng BatAr• InleTrst IrKome Ind. lox L•sÉ lundraisvJ costs 2024 2023 85 7083 Dlsbursemonts Closing Balance FOOTPRI1s (rnn•medfromTODDLERS) {RESTRTED FU14DI 2023 1139 450 504 2024 2024 504 Disburnemenls (Reslrfcted Purpos¢g} Donation to outreach Closing Balance 1)>gniny BalarrA' 483 1610 5B1 This fund tsffle p8rt of the PCC'S funds durirvJ 2017. It is fvrvJ¢d gn bythose alleThJing tho sessions 11
CHURCH of ST PETER. HENLEAZE ort and Financial Statement of the Parochial Church Council For the Year to 31st December 2024 Annual Re Financial Review of 2024 Incomin financial resources Incoming Resources from Donors (Note 2{a)) The InGome from Gift Aided Planned Giving including the Tax Recovery arKI Non-Gift Aided Planned Giving reduced slightly this year by £4,262 (3.40h) to £120,704 (2023: £124,966). Sadly we lost a few long standing m6mb8rs of the congregation, who either died or moved away from the Parish. We continue to benefit from additional new church members who also became planned Givérs. We continuè to encourage as many plann8d Givers as are able to Gift Aid their donations. The Income from Cnsh Collections increasod in 2024 to £4.OG4 compared to £3,831. This includes th& Tax Recovery underthe Small Donations Scheme. This is seen in particular during the additional Christmas services. The greater use of the credit card machines for general donalions continues to have an ongoing beneficial Impact. For 2024 there is a slight increase in sundry donations. these tend to be 'lumpy' depending on one-off events. This all leads lo an overall reduced posltion In Income from Donots of £126.114 this year compared to £129,059 last year. This continues a general reduction in regular contributions that we have seen over the past f8w years. Other Voluntary Incoming Resources (Note 2(b)) This year, we reiVed a Diocese grant of £2,557 for energy efficiency improvements in lighting and draft proofing (none in 20231. Th8re was no specific Treasure Sunday appeal again Ihls year as due to the slgnlficant cost pressures people were under. Instead the congregation supported the 'Bristol bridges" challenge to raise fijnds for our oUt3¢h giving. Peler Fund Planned Giving and other special donations (Including tax recovery) showed a reduction this year as a r8suII of 2023 including a large legacy donation for the specific purpose of supporting the Peter fund over the Gorning year5. Excluding the 2023 legacy, the underfying regular donations received into the Peter fund remain reasonably conslslent. Legacies totaling £10,500 We received during 2024 from the eststes of the late Mrs Tolchard and Mr Hill both former worshippers at St Peterfs. (2023: £11.662). The Footprints. fund saw donatims of £1,806 received, refl8cling the trend of increasing numbers attending the sessions. Income from Charitable and Ancillary Trading (Note 2{c)) Our total Fee, Hire and Heating Income, etc. Increased to £8.449 from £5,299 (590A). The good worfc in generating regular bookings continues and this year we had the benefit of the use of the church as a polling station twice. Tradecraft sales were dIontinUed last year and the remaining bank and fund5 were transferred into the Ghurch aGmurrt this year. The PCC will be asked to consider how besl to use the fund balancè. Church Hall Income has increased by 410A to £63.736 reflecting the continued excellent work of Emma Woodworth. Parish administrator, in filling b¢)oking slots and maximizlng usage. The income a150 increased as we introduced a srnall increase in rates in 2024 to help mitigate our rising energy and running costs. Having held our rates static for the previous 2 years we feli that this was a very modest inGrease and significantly lower than the undeflying infiation rate. During the yeai the Church held the successful 'Bums Nighf fundraiser , which raised over £400 towards our outreach giving and provided an entertaining evening for all who attended. 12 Classification- BUSINESS
CHURCH of ST PETER, HENLEAZE ort and Financial Statement of the Parochial Church Council For the Year to 31st December 2024 Annual Re Other ordinary Incorning Resources (Note 2(d)) Nothing received this year, nor in 2023. Our Income from Investments (Note 2{e)) was up to £7.310from £6.814 {+7QA). due to an increase in the deposit rates The Total Incoming Resources were £234,770 (last year £226.102) Financial Resources Used Grants (Note 3(a)) Grants to the chUh overseas and lo Home missions and Charities were £16,428 compared to £16,490 in 2023. Specific outreach wllectiorbs and the usual overseas supwt and Peter fvnd Gontributions ensured outraach remained at 8 high lèval. Activities Directly Related to the Work of the Church (Note 3(b>) The PCC agreed lo the requestsd 2024 'Parlsh Share. with Ihe Diocese of Bristol this year at a rate of £8,000 per month. We note that in 2025 this has been increased to £8,250 per month. Heating lighting and cleaning Costs were notably higher this year as prèvious fixed term deals expired. We are pleased that our timing lo fix a new rate has mlnimized the Impact due to prices haviro reduced from thelr peak. The most significant ilem of service upkeep and Maintenan was the refurt)ishment of 2 vestry rooms to reale additional meeling room5, now Galled the Tolchard and Parker rooms. The funds for whiGh were provided by the recent legacies. £1 Ok was spent on Lime plastering and related works in the year, water Ingress and damage was repaired last year and the re-plastering took place thls year. Routln8 malnt8nanc8 Included the continuing program of redecoration. The PCC are again indebted to Mike and Pete and all those who continue to support the ongoing maintenance of the church and hall. Th8 Costs of running the church hall are induded in her8 and there is an apportionment of some of the church admin and insurance costs to this activsty. Specific details are included in Ihe church hall Account at 9f Educatlon & Youth total expendiluie Ihis year increased marginally to £8,276. This expenditure continues to support the youth activity. including a youlh leader and worship materials a5 well as the costs of Nnning Footprints. Fundraising & Publicity (Note 3(c)) The only expenditure this year is related to running the Bums night fundraiser. Church Management & Administration (Note 3(d)) Total unrestricted administrallon costs increased marginally this year by £613 to a total of £13,953. Within this category ere Ihe Parish admin salary costs. telephone. printing. stslionery and related adminislralive expenses 13 Classification: BUSINESS
CHURCH of ST PETER, HENLEAZE ort and Financial Statement of the Parochial Church Council For the Year to 31st December 2024 Annual Re Church Hall (Note 9(fj)a The Church Hall has been trading su¢cessfvlly and the income over expenditure increased this year by £7,765, returning a surplus of £19.415. This increase was due to the effect of increasing Utilization and a small increase in the hire charges. SeNicing and rèpaits are predominantly investrnent in energy efficient measures, for which a partial grant was received. Energy Gosts reduced this year as the hall stsrted to benefil from the solar panel investrnent. The PCC wishes to record its thanks to Mike and Emma in continuing to providè a gréat location for community hlrè and ensurir¥J our facilities remain in excellent condition. The PCC has agreed that the surplus wll be entirely allocated by increasing the Génerydl Reserves. This still leaves the Hall fund wÈth a designated reseNe of £5,000. which is deemed adequate. The Total ReSoUrS Used were £219,828 (last year £199,434) Financial Review Summa of 2024 The total receipts for ordinary Unrestrlcted funds wère £218.141 and are as detailed in the financlal statements. £199,707 was spent to provide the Christian Ministry of St Peters Church, including the DioGesan Parish Share of£96,000 and charitable grants of£217. The net result for the year wa5 a Surplus of Unrestricted Receipts over Expenditure of £18,433. After adjusting for the Unrealised gain on Unrestricted Assets of £1.707 the Net Income in excess of Expendlture amounted to £20,140. Th8 major allocations of this surplus are £19,722 to the General Reserve. Full details of all the funds are set out in Note 9 to the Financial Adivilies. The Receipts for Restricted funds were £16.629. Restricted resources of £20,120 was spent to provide the Christian Ministry of St Peters Church including charitsble grants of £16,211. Due lo the Expendlture being higher than Ihe Income, there was a small deficit of Restricted Receipts over Expenditure of £3,491. After adjusting for the Unrealised gains on Restricted Assets of £1,091 the Net Expenditure exceeds Income by £2,400. The major allocation of this Restricted loss was £3,644 relating to the Peter Fund. The PCC agreed to maintain the grant levels to the Charity supported by the Pèter Fund by using some of the retsined funds that we put aside for this purpose last year. The Davey Endowment fvnd inGrea$ed by £963, as a result of fund valuation as at the year ènd. Full details of all the funds are set out in Note 9 to the Financial Actlvltles. Overall, there was a net Surplu$ in Restricted and Unrestricted Activities of £17.740. During the year Solar panels and battery storage were Instslled within the church hall. The Panels are wrftten off over their estimated useful economic life of 25 years snd the battery storage over 10 y8ars. These are the periods over which the charity is expected to benefit from the expenditure. Depreciation is charged within the church hall income and expendilure The Unrealised galn on our Assets this year mean that our Investments in¢rea8ed In value by £2,798. After taking into ac¢ount Cash, Stock, Debtors and short-term Llabllltles, the balan of Net Currènt Assets totalled £167,265, a reduction of £4,769 over the previous year. Within this total. Cash held in thè Bank or on Deposit totalled £163,389, a reduction of £14.916 over the previous year. Any remainlng surplus cash will be put on deposit when prudent to do so. Reserves Policy The PCC has not fomially adopted a policy coveriro ihè level of reserves that should b8 held against emergencies. Currently the unrestricted assels held represent 121% of the 2024 unrestricted expenditure which, when considering Ihe pattem of reIPtS and the nature of expenditure, is deemed adequata. It is the PCC policy to invest our fund balances wtth the Church of England Board of Finance. Current Assets are held in the Deposit Fund and Fvxed Assets are invested in the CBF Investment Fund Income Shares. 14 Classification- BUSINESS
Independent Examinerfs Report to the Parochial Church Council of St PeteS Church. Henleaze This report is on the financial statements of the Parochial Church Council {"the PCC") forthe year ended 31 December 2024, which are set out on pages I to 11. Respective responsibilities of the Trustees and Independent Examiner A5 member5 of the Parochial Church Council you are responsible for the preparation of the financial statements• you consider that an audit is not required under section 144121 of the Charities Act 2011 {"the 2011 Act.) and that an independent examination is needed. It is my responsibility to: examine the accounts under section 145 of the 2011 Act; follow the procedures laid down in the General Directions given bythe Charity Commissioners section 145151{bl of the 2011 Act. and state whether particular matters have come to my attention. Basis of Independent Examinerfs Statement My examination was carried out in accordance with the General Directions given by the Charlty Commission, and to be found in the Church guidan, 2006 edition. The examinatlon Includes a review of the accounting records kept by the PCC and a comparlson of the financial statements with those records. It also includes consideration of any unusual items or disclosu res In the f inancial statements and seeking explanation5 from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required by an audlt, and consequently I do not express an audit opinion on the financial statements. Independent Examinerfs Statement In connection with my examination, no matters have come to my attention: which give me reasonable cause to believe that in any material respect the requirements to keep accounting records in accordance with section 130 of the 2011 Act; or b. to prepare financial statement which accord with these accounting records have not been met. or 2. to which , in my opinion, attention should be drawn in order to enable a proper understanding of the financial statements to be reached. Wllliam Evans ACA 111 Eastf ield Road Westbury on Trym Bristol BS9 4AN 24 April 2025 15 Classification: BUSINESS