PARISH OF LANCHESTER AND BURNHOPE Registered Charity Number: 1131274 Annual Report and Financial Statements of the Parochial Church Council st Year ending 31 December 2024 Priest in Charge: Revd Lesley Sutherland l Lee Hill Court, Lanchester, Durham DH7 OQE Bank: The Co-operative Bank PLC, Skelmersdale, Lancashire, WN8 6Wf Independent Examiner: Mr J D Holloway FCA DChA, RMT Ribchesters, Finchale House, Belmont Business Park, Durham DHI ITW Independent Examiner's Report on the Accounts Report to the Parochial Church Council of Lanchester and Burnhope On accounts for the year ended 31 December 2024 Respective responsibilities of members and examiner The members of the Parochial Church Council are responsible for the preparation of the accounts. The members consider that an audit is not required lor this year (under section 144(2) 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). to follow the procedures laid down in the General Directions given by the Charity Commission (under section 145(5)(b) of the 2011 Act); and to state whether particular matters have come to my attention Basis of independent examiner's statement My examination was carried out in accordance with General Directions given by the Charity Commissioners. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes con.sideration of any unusual items or disclosures in the accounts, and seeking explanations from the 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 exarnination, no matter has come to my attention which gives me reasonable cause to believe that, in any material respect, the members have not met the requirements: to keep accounting records in accordance with Section 130 of the 2011 Act. arLd to prepare accounts which accord with the accounting records and to comply with the accoLinting reqiiirement of the 2011 Act 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 lo be reached. Signed Date: Name JD Holloway FCA DChA RMT Ribchesters, Accountants and Business Advisors Finchale Hoiise, Belmont Business Park Durham DHI ITW PCC MEMBERSHIP 2024 During 2024 the following served as members of the PCC: Priest in Charge and Chair Revd Lesley Sunderland Curate Revd Stephen Martin Associate Priest Revd Abbey Hughes Reader {ex officiol Doreen Park Churchwardens (ex offiicio) Eric Gaskill Pauline Hall Robert Matthews Doreen Park Deanery Synod (ex officio) Helen Armstrong Richard Hall until April Elected Members Helen Armstrong David Baggott Ann-marie Emmerson Jennifer Guy Cecily Li ndsay Margaret Matthews Audrey Newton Jennifer Smith Peter Smith Susan Smith oiga Walker Margaret Walters until April Secretary From APCM Lay Chair Lanchester and Burnhope PCC, in accordance with the Parochial Church Councils (Powers) Measure 1956, has the responsibility for co-operating with the minister in promoting in the parish the whole mission of the Church, pastoral, evangelistic, social and ecumenical. It also has maintenance responsibilities for All Saints, Church, Lanchester, St John's Church, Burnhope and associated buildings. Stsnding Committee: This is the only committee required by law. It has power to transact the business of the PCC between Council meetings, subject to any di rection given by the Council. The members during 2024 were.. Revd Lesley Sutherland (Chairl, Revd Stephen Martin, Churchwardens, Secretary, Treasurer, Reader and two elected by the PCC - Margaret Matthews and Margaret Walters. The accounts were adopted by Lanchester and Burnhope Parochial Church Council at its meeting on 26 February 2025. The accounts will be presented for adoption by the Annual Parochial Church Meeting on 14 May 2025. Parish of Lanchester and Burnhope End of Year Financial Statements Year ending 31 December 2024 Page I Introduction Treasurer's Report for 2024 Total receipts of £108,224 for the year and payments of £98,813 resulted in a surplus of £9,411 mostly reflected in increases in restricted funds. At the start of the year £60,000 was pledged as Parish Share and after review by the PCC the actual paid was increased to £63,000. The restricted funds where appropriate were used for some paytnents. A new fund was created for St John, s mission and fabric by an anonymous donor. During the year the Wami Spaces Fund was closed after the successful completion of the project with the balance being transfe￿ed to the General Fund to cover the additional church costs incurred. The l 00 club raised £600. On conpletion of the reorganisation of the Deanery the vicarage expenses will no longer be shared with Harelaw. The PCC nominated secular charities for 2024 were the Village Bus and Willowbum Hospice. The St John's church receipts and payments were again recorded separately as a de%ignated fund. The PCC has a reserves policy to maintain a balance of three months running costs in the General Fund. At the end of the year the balance was £17,498 when £25,000 was required. As anticipated 2024 ha% been a further year of high inflation. New energy contracts started in March at higher rates than the previous contracts. For the year 2024 the combined gas and electricity cost was 5310 more than 2023. In 2023 a card machine was installed to provide an additional income stream. It has proved unreliable even with improved Wifi. After costs the card machine just about broke even. We were fortunate to have someone to step in as organist and choirmaster to cover absences although thi.% resulted in considerable extra expense. Also extra work was required on ihe organ after fluctuating temperatures. Michael Horsley Receipts and Payments Account Unrestricted Designated Restricted Endowment funds funds funds funds Total Prior year runds total funds Income and endowmgnts from: Donations and legacies Income from charitable activlties Other trading activities Investments Other income Total income and endowments from: 77,029 1,026 9,115 179 3,186 430 2,848 1,500 6,067 86,282 1,456 11,963 8,513 10 108,224 79,994 1,967 11,678 7,509 6,720 114 87,349 7,974 12,787 114 101,148 Expendllure on.. Raising funds Expenditure on charitable activities Total gxpendlture on: 84 84 98,729 98,813 444 92,421 92,865 88,991 6.044 3,776 Net Income I19xpendlturg) 11.642) 1,930 9,011 114 9,411 8,283 Transfers Gross Iranslers between funds - in Gross Iranslers between funds- out Net Incomg I lexpenditural 1,018 1,018 1,018 9,411 451 451 8,283 46 1,884 972 8,039 {6241 114 Oth9r rg¢ognised galns I losses Net movemgnt In funds {6241 1.884 8,039 9,411 8,283 Total lunds brought forward 18,122 40,106 94,080 66,716 219,026 210,743 Page 2 Totsl funds carrled lorward 17,498 41,990 102,119 66,830 22Q437 219,026 Represented by Unrestrlcted General fund 17,498 17,498 18,122 Deslgnatod Energy Fund Missionlsocial Action Pallister legacy fund St Johns Burnhope 4,068 340 28.048 9.534 4,068 340 28,048 4,088 340 28,265 7,432 Restrlcled Bumhope fabric and mission Canon Chase Bequest fund Clock HP Thompson Tower fund H6dley stone Oliver Bequest endowment Ruth Shotton Choir hymnal and organ fund Sl Johns Church yard Sunday Schogl Sunday School endowrnonl Tithe Act 1936 endowment Warm spaces Wheldon endowment 4,072 38,265 4,072 38,285 37,088 10,085 862 30.433 3,481 700 2,455 4,328 217 10,085 862 30,433 3,481 700 2,455 4,328 217 9,577 862 27,008 4,640 700 1,465 4,146 217 9S7 6,922 7,221 7,221 Endowment Oliver Bequ&sl endowment Sunday School endowrnenl Tithe Act 1936 endowvTnenl Wheldon 8ndowmenl 60,494 509 5,110 717 60,494 509 5,110 717 60,494 509 4,995 717 Balance sheet Class and code Descri tion This ear Last egr Currenl assets 6501 6511 6512 6513 6514 6515 6520 6521 6522 6523 6535 6590 Bank current account CCLA Pallisler lund CCLA HP Thompson Tower fund CCLA Ruth Shollon Choir and organ fund CCLA Canon Chase bequest tund CCLA Burnhope fabric and mission Fund D8F Wheldon DBF Tithe act 1936 D8F Oliver Bequesl DBF Sunday School Credit Union Cash in hand Totsl Current assets 38,560 28,508 10,085 3,480 38,265 4,072 7,937 5,327 90,926 4,837 288 159 232,445 36,985 28,266 9,577 4,639 37,163 7,638 5,213 87,501 4,655 288 932 222,863 Liabilities 6699 Agency collections Total Llablllties 4,008 4,008 3,836 3,836 Net Asset surplus(deflclt) 219 026 Reserves Excess I Ideficil) to date Starting balances Total Reseries 9,411 219,026 228,437 8,283 210.743 219,026 Z01 Represented by funds Page 3 Unrestricted Designated Restricted Endowmenl Total 17.498 41,990 102.119 66,830 228,437 18,122 40,106 94,080 66,716 219,026 Statement of assets and liabilities General Desi nated Restricted Endowment This ear Last ear Currgnl a$selS- Cash at bank and In hand Bank current account - Cash in hand - 17,110 100 17,210 13,423 59 13.482 8,028 38,560 159 38,719 36,985 932 37,917 Totals 8,028 Currenl assBts- Invgstmènt8 CCLA Pallisler fund - CCL4 HP Thompson Tower fund - CLA Ruth Shotton Choir and organ fund - CCLA Canon Chase bequest fund- CCL4 Bumhope fabric and mission Fund - DBF Wheldon - D8F Tithe act 1936 . DBF Oliver Bequest - DBF Sunday School- Credit Union 28,508 28,508 10,085 3,480 38.265 4,072 7,937 5.327 90.926 4,837 288 193,725 28,266 9,577 4,639 37,163 10,085 3,480 38,265 4,072 7,220 217 30,432 4,328 717 5,110 60,494 509 7,838 5,213 87,501 4,655 288 184,945 288 Total8 28,508 98,099 66,830 Llablllilg8 - Agéncy account8 Agency collections - 4,008 4,008 3,836 3,836 Tota18 4,008 Grand tot81 102119 228 437 219 026 Fund movement by type enin Incomin Out oin Transfers Gainsllosses Journals Closin 8urnhope- Burnhopo labrlc and Reslricled 4,072 4,072 Sub-total lor Burnhope 4.072 Clock- Clock Restricted 500 500 500 500 Sub-total for Clock Energy- Engrgy Fund Designalod 4,068 4,068 4,068 4,068 Sub-total lor En9rgy Hgdlgy- Hadley stone Reslricled 862 862 Sub-total for Hgdlgy OllverE - Ollver Bequest endow Reslri¢led Endowment 27,008 60,494 87,502 3,425 30,433 60,494 90,927 Sub-lotal for OllvgrE 3,425 SJChYard- St Johns church yard Reslricled 700 700 700 Sub-total for SJChYard SchoolE- Sunday School endowm Restricted Endowment 4,146 509 4,655 182 4,328 509 4,837 sub.total lor SchoolE 182 Page 4 SocialA- Mis$lonlsoclal Actio Designated 340 340 340 340 Sub-total lor SocialA TltheE- nthe Act 1936 endow Restricted Endowment 217 4,995 5,213 217 5,110 5,327 114 114 Sub-total for TltheE Warni - Warm spaces Reslricled 957 957 957 (957) Sub-total for Wann WheldonEnd - Wheldon endowment Restricted Endowment 6,922 717 7,639 299 7,221 717 Sub-total for WheldonEnd 299 General- General fvnd Unrestricted 18,122 18,122 87,349 87,349 88,991 88,991 1,018 1,018 Sub-total for Ggngral 17.498 John - St John8 8urnhopo Designated 7,432 7,432 6,475 6,475 4,327 4,327 46 146) Sub-total lor John 9.534 Pal - Palllster legacy fun Designated 28,265 28,265 28,048 28.048 Sub-totsl for Pal 1,500 1,717 Tower- HP Thompson Tower lu Re$triGted 508 508 10,085 10,085 Sub-total for Towgr 9,577 Mu81c- Ruth Shotton Cholr h Restricted 253 253 su￿t01a1 for Mu8lc 4,640 1,412 3,481 Chase . Canon Cha80 Beque8t Restricted 37,088 37,088 1,979 1,979 802 802 38,265 38,265 Sub-total for Cha$• S¢hool- Sunday School Restricted 1,062 1,062 Sub-lotal lor School 1,465 2,067 (151 2,455 Grand total 219026 228 437 Analysis of receipts and payments Total ear Unrestricted Desi nated Restricted Endowment This Last ear INCOME AND ENDOWMENTS Donations and legacies 0101 Gift Aided - Bank 0110 - Gift Aided - Envelopes 0111 Parish giving Scheme 0201 Other planned giving 0301 Loose plate collections 0302 - Collee donations 0303 Credit card 0410 - Wall sale giving 0501 - Gift Aided one-off 20,761 20,761 21,628 80 23,450 2,186 9,855 930 26,005 1,808 4.750 1,069 261 35 3,100 1,070 312 1,439 27,075 2,120 6,257 1,069 261 35 3,600 67 18 3,705 500 Page 5 0550 - Donations appeals elc 0601- Tax recoverable on Gift Aid 0801 Recurring grants 08A1- Non-recurring one-off grants Total 2,060 16,677 300 200 77,027 170 194 4.000 6.230 16,871 1,300 700 86,282 1,926 13,831 150 2,225 79,994 1.000 500 6.067 3,186 Income from charltable activitles 0802 - Vicarage - St Thomas share 0803- Curate - St Thomas share 1101 Fees for weddings and funerals 1102 - Heating for weddingslfunerals Tolal {12) {15) 1,054 {121 {151 1,484 430 1,917 50 1,967 1,026 430 1,456 Other tradlng actlvltles 0910 - Fundraising - combined 1211 Traidcraft sales 1250- Magazine income - advertising 1260- Magazine sales 7,495 2,848 10,343 9,845 177 280 1,375 11,678 335 1 ,285 9,115 335 1,285 11,963 Total 2,848 Investment8 1001 Fund gainlloss 1020 - Fund interest 1030 - Rent from lands or buildings Total 114 114 8,369 30 8,513 433 7,046 30 7,509 149 30 179 1,500 6,720 1,500 6,720 114 Other Income 1310 - Insuran¢e ¢laims 10 10 7,974 10 10 108,224 Total INCOME TOTAL 87,349 114 101 149 EXPENDITURE Ralslng funds 1730 Costs of fetes & other events 1750 Credit card machine 20 64 84 20 64 84 339 104 444 Tolal Expenditure on charitable actlvltles 1850 - Home mission 1870 Secular charities 1910 - Parish share 2001 Organist / staff Costs 2002 - Organist fee 2101 - Working expenses incumbent 2102 - Working expenses of Curate 2140 - Vicarage water rates 2145 Curate water rates 2150 - Vicar's telephone 2170 - Education 2171 Childrens educalion/aotivilies 686 1,000 63,000 3,000 1,980 40 84 810 1,000 63,000 3,000 2.135 611 1,000 60.000 3,000 240 139 961 332 430 356 236 712 155 543 356 462 426 543 356 462 426 183 795 183 795 Page 6 2201 Parish training and mission 2301 Church running - insurance 2310 - Chuich office - lelephone 2320- Organ I piano tuning 2330 - Church maintenance 2340 - Upkeep of services 2350 - Upkeep of churchyard 2360- Admin. Parish review, etc 2361 Stationary 2362 - Photocopying 2370 - Wisiting speakers I locums 2401 Church running - electric 2410 - Church running- gas 2420 - Church running- water 2501 Magazine expenses 2601 Governance costs examinalionlaudit fee 2840 - Other PCC property upkeep Total EXPENDITURE TOTAL 28 7,049 367 436 5,362 2.864 174 260 35 1,274 56 1,167 3,037 191 1,649 390 5,239 477 45 1,645 2,209 2,075 7,314 477 1,103 4,583 3,009 432 1,636 14 626 1.302 785 348 177 286 348 177 286 1,736 3,114 107 1,651 408 278 1,328 84 2,015 4,443 191 1,651 408 55 92,421 92,865 88,907 88,991 6,044 6,044 3.776 3,776 98,729 98,813 GRAND TOTAL 1,642 1,930 9,011 114 9,411 8,283 Conclusion This report approved by PCC and dated,, Page 7