REGISTERED CHARITY NUMBER: 1131281 Report of the Trustees and Unaudited Financial Statements for the Year Ended 31 December 2024 for Stokesley with Seamer PCC
stokesley with Seamer PCC Contents of the Financial Statements for the Year Ended 31 December 2024 Page Report of the Trustees 3to5 Independent Examiner's Report Statement of Financial Activities Balance Sheet Notes to the Financial Statements 9t013 Page 2 of 13
Stokesley with Seamer PCC Report of the Trustees for the Year Ended 31 December 2024 The trustees present their report with the financial statements of the charity for the year ended 31 December 2024. REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number 1131281 Principal address The Rectory Leven Close 5tokesley Middlesbrough Tru5tee5 Ex-officio Clergy.. Rev Ben Gunter (Priest-in-charge & Chair) Churchwardens: Judith Turland,. John Groom (Vice Chairl,. David Hand,. Beverley Turner Deanery Synod Member.. Jenny James Isecretaryl Elected Jane Atha ISafe8uarding); Nadine Brown; Anne Bryant ITreasurerl,. Guy Davies; Jennifer Finel. Colin Hinton,. Hilary Kerr; Beverley Turner,. Sue Wardle,. Heather Waring,. Jean Webster,. Michael Westgarth-Taylor IPCC Representative on the Standing Committee). The PCC has also appointed an unremunerated office holder who is not a PCC member.. Electoral Roll - Paula Davies Independent examlner Gillian Duffy & Co Ltd, Chartered Accountants STRUCTURE, GOVERNANCE AND MANAGEMENT Governlng document The Parochial Church Council IPCCI is a body corporate IPCC Powers Measure 1956, Church Representation Rules 20171 and a reglsterÈd charity {number 11312811. It has the responslblllty, with the Priest-in-charge (its Chairl, of promoting in the ecclesiastical parish the whole mission of the Church, pastoral, evangelistic, social and ecumenical. All who attend worship are encouraged to register on the Church Elettoral Roll and to stand for election to the PCC. The PCC met 7 times during the year. The Standing Committee, comprising the churchwardens, treasurer and secretary plus one PCC representative met 6 times durln8 the year. Our Annual Parish Meeting was held on 22 April 2024. Risk Management and Safeguardlng PCC Members, as trustees, acknowledge their duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error. PCC members have also taken due regard of House of Bishops, guidance on Safeguarding Children and Vulnerable Adults, and the PCC adopted the new 'Promoting a Safer Church, national policy in 2017 and reviewed policies in accordance with Diocesan guidelines annually. No reports have been received of any incidents of concern. OBJEcfivES AND AcfiviTIES Purpose and Values Our statement of purpose and values, adopted in 2011, continues to be- Purpose: Our purpose is to worship God, to followjesus, and to show his love to all. Values- l. We worship the one true God. Father. Son and Holy Spirit. We aim to do thls through prayer, praise and study that is faithful, varied and vibrant, offered throughout the week. 2. As a reflection of God's open and inclusive love, we welcome all people of all ages, so they may develop a relationship with him. 3. A5 the Body of Christ, our commitment to one another is one of friendship, encouragement and support, within and Page 3 of 13
beyond our organised activities. 4. We want everyone to explore their call to discipleship in daily life, and we encourage them to develop that calling in the offering of time, skills, and money within and beyond the church. 5. We ensure that the churth's vision, values, activities and organisation are widely and accessibly publicised and understood. 6. We maintain and develop our buildings for worship and mission and as valued spiritual place5 and resources Wlthin the local community. OBJECTIVES AND AcfiviTIES Membership, Worship. Study. Prayer, Mission, Evangellsm, and Ecumenlcal Activlty The 2024 Electoral Roll contained 134 members12023- 118) from 110 households. 10 being non-resident. 2024 has been a year of consolidation. We have enjoyed welcoming newer members of the church into more active role5 in the life of our community. At the end of the year, normal attendance at the main Sunday service was around sixty but with a wider age range than in previous years. There are 16 new names on the electoral roll. Coffee and Cake and Children's Craft continue to thrive and new volunteers have been appreciated. Our concert programme is expanding and included performances from Saltburn Big Band, Bilsdale Brass Band and a Ukrainian opera singer. Wewere delighted to welcome the Ukrainian community into church for this. The Autumn Fair was once again well attended, raising significant funds and bringing the church community together. A gardening team look after our churchyard on a regular basis and also hosted a churchyard Clear-up with support from local residents. Our relationship5 With the wider comrnunity have also matured bearing fruit. Our good plans with other churches and theTown Council saw record numbers at Remembrance and Carols on the Green. Our Service of Lessons and Carols and our lent course was also well received with participation from other churches. Links to the primary school have broadened and deepened, with regular classes visiting the church for RE and with the whole school celebrating Christmas, Easter and harvest with us. The school choir also san8 at 'Coffee and Cake, bringing children and families into church. PTA mums run Kids, Craft In church. We were delighted to welcome Bishop Barry, the new Bishop of Whitby, into school. We welcomed the secondary school into church at Christmas for a Service of Lessons and Carols for the first time. This was a new venture for the school and the Headmaster has expressed the desire to make it an annual event. Lay ministry continues to grow. Our Revitalise team led an 'Hour at the Cross,, Family Harvest and Blue Christm35 services which were warmly received. The Families Team has expanded and a new worship band has been established. The Friendship Group offers valuable pastoral care and has encouraged many into our church with friendship and practical help. We are very grateful to Rev Jon Dean and latterly RÈV Paul Peverell for their support and to our musical dlrector Rev Michael Aisbitt. We continue to invest in our building to reflect the needs of our worshiping and local community which is growing younger and more diverse. Finance continues to be a considerable challenge with income lagging behind expenditure. However, regular giving has picked up a little following a Generous Giving campaign, and we continue to drive forward with new initiatives aimed at boosting expenditure and reducing outgoings. A considerable amount of time and effort has gone into the work behind the scenes to enable all this to happen. We are immensely grateful to all who have contributed, and we give thanks to God for all He has done in our church and community this year. We would like to thank all the volunteers who work so hard for our church community. The outstanding work of the churchwardens, John Groom, Judith Turland, David Hand and Bev Turner, along with many others, has been instrumental in sustaining and developing the church community and God's work in Stokesley. Public benefit The Parish of Stoke51eywith Seamer-in-cleveland, in the Stokesley Deaneryof the Diocese of York, comprisesthe market Page 4 of 13
town of Stokesley and the rural area immediately to its west and north, including Tame Bridge, Seamer, Tanton and Newby. The parish church of St. Peter & St. Paul, Stokesley and its churchyard (closed for burials. and now maintained by Hambleton DCI are on Stokesley High Street. The smaller parish church of St. Martin, Seamer and its churchyard (open for buria15, maintained by the PCCI are on Hilton Road, Seamer. The Parish is also responsible for a large, detached churchyard (open for burials, maintained by the PCCI on Helmsley Road, Stokeslev. The PCC, mindful of the Charity Commission's guidance on public benefit, is committed to.. enabling as many people as possible to worship at our churches land in other places. when appropriatel- encouraging different groups within the parish to explore aspects of Christian faith,. enabling individuals to live out their faith in the communities in which they live and work; making our buildings, land and ministers available for religious, educational and artistic purposes by schools and other community groups,. encouraging the sUPPOrt of various charities whose aims are consistent with the PCC'S. providing pastoral care. This pastoral care includes ministry through baptisms and weddings, visiting the sick, and the conduct of funerals land burials in our churchyards) and the care of the bereaved- it is exercised both by clergy and by lay members of the church. Flnanclal Revlew In 2024 the General Fund decreased from £21,695 and, after a transfer of £7000 from the Riversdene fund, ended the year at £446 Isee note 91. Whilst we hold other designated funds which are unrestricted, the PCC may well have to consider further transfer5 from these funds into the General Fund in 2025 in order to meet regular expenditure. Total receipts on unrestrlcted funds were £81,26012023 £106,390) Unrestricted planned voluntary donationswere £37,37012029 £36,031), and a further £10,43412023 £11,738) wa5 from gift aid. Our fundraising total fell to £10,61012023 £12,577) largely due to no Grand Draw takin8 place. Our stock market-based investments increased in value by £458512023 £10,887). £101,64212023 £100,363) was spent from unrestricted fund5 to provide Chrlstian mlnistry, including the Freewill offer to the Diocese of York of £65,20012023 £70,200). There was a deficit on unrestricted funds of £21,717 before 3 £7000 fund transfer from restricted funds12023 surplus £25701. Reserves pollcv It is PCC policy to maintain a balance on unrestricted funds that equates to at least three months, unrestricted payments. This is equivalent to £25,000. We ended the year with unrestricted funds of £59,71112023 £74,666) of whlch £446 is the general fund and the balance of £59,265 is designated, and we are budgeting a further deficit in 2025. We hold our unrestricted funds in our HSBC current account and In an M&G Charity Bond. Restricted funds are held in the current account, CBF Church of England Deposit Fund and the CBF Church of England Investment Fund. See note 8. Volunteers We would like to thank all the volunteers who work so hard for our church community. The outstanding work of the churchwardens, John Groom, Judith Turland, David Hand and Bev Turner, along with many others, has been instrumental in sustaining and developing the church community and God's work in Stokesley. Approved by the PCC on 3 March 2025 and signed on their behalf by the Reverend Ben Gunter IPCC Chairman) ULUL Rev Ben Gunter Page 5 of 13
Independent Examiner's Report to the Trustees of Stokesley with Seamer PCC I report on the accounts for the year ended 31 December 2024, which are set out on pages seven to thirteen. Responsibilities and basis of report As the charity's trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 20111'the Act,), and you consider that an audit is not required and that an independent examination is needed. I have examined your charity'5 accounts as required under section 145 of the Charities Act 20111'the Act'l. In carrying out my examination I have followed the Directions given by the Charity Commission undef section 14515llbl of the 2011 Act. My role is to state whether any material matters have come to my attention giving me cause to believe.. that accountin8 records were not kept as required by section 130 of the Act: or that the accounts do not accord with those records; or that the accounts do not comply with the accounting requirements of the Act; or that there is further information needed for a proper understandin8 of the accounts. Independent examlner's statement I have completed my examination and have no concerns in respect of the matters111 to141 listed above and, In connection with followin8 the Directions of the Charity Commission I have found no matters that require drawing to your attention. Gillian Duffy & Co Ltd rd 3 March 2025 Page 6 of 13
5toke51ey with Seamer PCC Statement of Financlal Activities for the Year Ended 31 December 2024 2023 Unrestricted funds Restrirted funds Total funds Total funds Notes INCOMING RESOURCES Incoming resources from generated fund5 Voluntary irKome Activities for generatlng fund5 Investment income Inujming re50urces from charltable artivltle5 Charitsble Activities Other incorning resources 2{al 21bl 2{cl 61.919 10,610 297 300 62,219 10,610 10.412 91,939 12,577 6,160 10,115 2(d} 21el 7,150 1,285 7,150 1,930 5,728 1,609 645 Total Incoming resources 81,260 11.060 92.320 118,012 RESOURCES EXPENDED Costs of generating fund5 Church actlvltes Raislng funds 3{al 101,641 1,336 1,095 102,736 1.336 109,788 1,375 Total resources expended 102,977 1,095 104,072 111,163 NET INCOMINGIIOUTGOING} REsOuRs BEFORE TRANSFERS {21,717) 9,965 111,7521 6.849 Gross trdn5fer5 been funds 7,000 17,0001 Net Incomlnz/loutgolng} resources before other reco8nlsed 8alns and losse5 114,717) 2,965 111,7521 6.849 Other recognised g8lnsllosses Gainsl Ilossesl on inve5tsment assets 12391 4,824 4,585 10,887 Net movement in funds 114,9551 7,789 17,1671 17,736 RECONOLIATION OF FUNOS Totsl funds brought forward 74,666 304,121 378,787 361,051 TOTAL FUNDS CARRIED FORWARD 59,711 311,909 371,620 378,787 Page 7 of 13
Stokesley with Seamer PCC Balance sheet as at 31 December 2024 2024 2023 Notes FIXED ASSETS Investments 306,903 292,204 CURRENT ASSET5 Debtors Cash at bank and in hand 64,717 87,826 CURRENT LIABILITIES Creditors (1,243) NET CURRENT ASSETS 64,717 86,583 NET ASSETS 371,620 378,787 FUNDS Unrestricted funds Restricted funds 59,711 311,909 74,666 304,121 TOTAL FUNDS 371,620 378,787 Approved by the Parochial Church Council on 3, March 2025 and signed on its behalf by: Rev B Gunter IPCC Chairman} A Bryant (Treasurerl The notes form part of these account5. Page 8 of 13
Stokesley wlth Seamer PCC Notes to the Financial Statements for the Year Ended 31 December 2024 ACCOUNTING POLICIES ACCOUNTING CONVENTION The PCC is a public benefit entity within the meaning of FR5102. The financial statements have been prepared under the historical cost convention. with the exception of investments which are included at market value, and in accordance with the Church Accountin8 Regulations 2006 governing the individual accounts of PCCS and the Regulations true and fair Vie provisions, and under FRS102120161 as the applicable accounting Standards and the 2016 version of the Statement of Recommended Practice, Accounting and Reporting by Charities. FUNDS Unrestricted funds These represent the remaining income funds of the PCC that are available for spending on the general purposes of the PCC, including amounts designated by the PCC for particular projects. which are therefore not included in 'free reserves. as disclosed in the trustees, report. Restricted funds These are income funds that must be spent on particular restricted purposes. Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. Page 9 of 13
Income 2024 2023 INCOMING RESOURCES Voluntary income Donations Gift aid Legacies Grants Planned giving Collections and other giving Contactless giving 2{a) 3,958 10,434 9,394 11,738 28,OQK) 508 37,370 7,974 1,975 36,031 5,527 1,249 62,219 91,939 2(bl Activities for generating funds Autumn fair Grand draw Other fundraising events 3,011 2,956 2,541 7,080 12,577 7,599 10,610 21c) Investment income Dividends and interest 10,412 10,412 6,160 6,160 2(dl Incoming resources from charitable activities Fees retained by the PCC 7,150 5,728 21el Other Incomlng resources Contribution to costs 1,930 1,930 1,609 1,609 Total incomlng resources 92,320 118,012 Page 10 of 13
EXPENDrruRE Church activities Freewill offer to Diocese Wages Ins ura nce Light and heat Church admin costs Incumbent's expenses Organist fees Church cleaning Rectory expenses Mi55ion and evangelism Church maintenance Upkeep of seNices Upkeep of churchyard Hall hire Other PCC property upkeep Major repairs to church Grants to institutions 2024 2023 3{a) 65,200 2,760 5,900 7,196 3,082 234 650 1,337 660 70,200 2,324 5,377 9,010 4,188 218 690 1,291 280 125 1,498 2,380 5,656 523 2,545 1,933 11,007 78 150 6,028 102,736 109,788 31bl Raising funds Traidcraft costs Fundraising costs 1,336 1,336 1,375 1,375 Total resources expended 104,072 111,163 Net lexpenditurel/income before gains and losses 111,752) 6,849 Reallsed recognised gains and losses Realised gains/llosses) on fixed asset investments 4,585 10,887 Net (expenditure)/income 17,167) 17,736 Page 11 of 13
TRUSTEES, REMUNERATION AND BENEFITS A parish administrator who is a PCC member provided services on a self-employed basis and was paid £2760 in 2024. A small, immaterial proportion of the expenses paid to the incumbent may have related to his services as chairman of the PCC. TRUSTEES, EXPENSES Trustees are reimbursed for expenses incurred on behalf of the PCC. RELATED PARTIES Unrestricted donations of £18.299 were received from related parties IPCC members). STAFF COSTS In 2024 there were no employees FIXED A55ET INVESTMENTS MARKET VALUE Market value at l January 2024 Interest Investment gain Market value at 31 December 2024 292,204 10,115 4,585 306,903 The funds are held in the following investments.. CCLA (Church House) CCLA IRiversdenel M&G 99,690 200,675 6,538 306,903 LIABILITIES 2024 2023 Amounts falling due within one year Retentions Suppliers Collection on behalf of charities 880 363 1,243 Page 12 of 13
ANALYSIS OF NET ASSETS BETWEEN FUNDS 2024 Total funds 2023 Total funds Unrestricted funds Restricted funds Investments Current assets 6,538 53,173 59,711 300,365 11,544 311.909 306,903 64,718 371.620 292,204 86,583 378,787 MOVEMENT IN FUNDS Net Transfers between fund5 At31 December At l January 2024 nyjvement in funds 2024 Unrestrlcted {deslBnated) funds General fund 15,141 Quinquennial fund 5,433 Bell repair fund 1,417 Legacles 52,675 74,666 121,6951 500 17611 7,000 446 5,933 656 52,675 59,711 121,9551 Restrlcted funds Church Redevelopment Churchyard Fabric Flower Fund Media project Riversdene Sanctuary Seamer Church House 3,458 3.458 1,992 20 3,609 198,984 429 1,080 94,549 304,121 1,992 20 3,459 202,099 429 1,080 99,372 311,909 11501 10,115 17,0001 4,824 14.789 17,0001 TOTAL FUNDS 378,787 17,1671 371,620 The Restrlrted funds consist of: Church redevelopment: specific donations for impn)vement projects at Stokesley Church Churchyard: maintenance of Stokesley Churchyard Fabric.. specific legacies and grants for the upkeep of the fabric and fittings of the church Flower Fund: specific donation5 for flowers at services Heatlng= specific donation5 and grants for the heating systems at Stokesley Church Media project.. donations towards rThJdernising church audio visual systems River5dene: a domestic property 501d by the parish in 2020,. the proceed5 may only be used for to further the religious and other charitable WO of the Church of England in the parish Sanctuary fumishings.. for the rnaintenance of the La(ty Chapel at Stokesley church, for altsr frontals etc Seamer.. specific legacies and donations for Seamer Church Church Hosjse.. a propety sold by the parish in 1972,. the proceeds may only be used for capital buildin8 projects. The Unrestricted (designatedl funds consist of: Qunquennial.. for the cost of the five-yearfy architect's reFK)rt and the repairs recommended Bell repair- for be51 pairS, placeMent bell ropes etc. Le8acies'. legacies given to further the general work of the church set aside until needed. Page 13 of 13