THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIAsficAL PARISH OF NORTHALLERTON
ANNUAL REpofff AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
Charlty Re8lstrJtlon Number 1131285

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF NORThALLERTON
LEGALAND ADMINISTrATIVE INFORMATION
P.C.C Mem1*
Mr P Andrew
Mr W P 8akker (Warden)
Mr 8Adams (Deputywardenl
Mr M SmSth
Mr A Deas Iwèrden)
S Adsett
Mr I Smlthmn
Drm Ma¢e
Mrs E Harbord (Deputy W•rdenl
MrsJHo
Mrij L8ppEn (D¢puty Warden)
Mrs D Lee
{Rwlaned 18 Odober 20141
{Rdlgned 29 Aprm 20211
1ts18ned 19 Aprfl 20241
IR*ned 19 Aprll 10241
Mr l Gatto
Rt¥ Djohnson
Mr J SIAught¢r
Rwc Sodemign
Mrss ToDm•r
Mrss FO￿Or
Mr M Klt¢hl
Mrs Vsmiih
Mr CJ Onwuiull8ho
{R•fytsn•d 22 SWemtr•r 20241
{CollOPt•d 21 July 10241
Mr I Smlthon
Secretary
MYSJ Uppln
Ch•rfty Numb•r
1131185
Prfndpll Addr•
HWI Strert
Northall•rton
North Ywkshlre
OL7 8DJ
lrtd•pend4nt Examlner
OeboT•h Fl¢tchervM¢Vay FCA
Xelnadln
Trlnlty Ilou
Thurst¢n Ro•d
frlorthallerton
OL6 2NA
8ankn
8•t¢lJys Bank PLC
I Churthlll Place
London
E145MP

THE PAROCHIAL CHURCH COUNaL OF THE ECCLESIASTICAL PARISH OF NORTHALLERTON
coNrENTS
Page
P.C.C Members report
Independent examinerfs report
Statement of financial artivities
Balan￿ sheet
Notes to the accounts
11>17

THE PAROCHIAL CHURCH COUNaL OF THE ECCiESIASTICAL PARISH OF NORTHAU
P.C.C MEMBERS REPORT FOR THE YEAR ENDED 31 DECEMBER 2024
The P.CC. Member5 wesent their report and accounts forthe year ended 31 December 2024.
The accounts have been prepared In accordance with the ￿c￿nting policies set out In note I to the
accounts and comply with the charitys Parochial Church Council (Powers) Measure {1956}. the Charities
Act 2011 and the "Accountlng and Reportln£ by Charftles: Statement of Recommended Practice applicable
to charities preparing their accounts in accordance with the Financial Reporting Stsndard applicable in the
UK and the Republlc of IreL4nd {FRS 102r las amended for accounting periods commencing from l January
20191.
Objectlves and actwities
The P.C.C is committed to enabling as many people as possible to worship in our churthes and to become
part of our parish community. All are WelC￿e to attend our regular services. The P.C.C. maintains an
overview of worship throughout the parish and makes suggestions on how our serlices can involve the
many groups that live within the parish.
When planning our attlvltles for the year, the Incumbent and the P.CC have consldered the Cornmisslon's
guidance on public benefit and, in particular. the specific guidan￿ on charrties for the a(fvancement of
rellglon.
As the Anglican Church in the Parish of Northallerton with Romanby our purpose is:
To Brow in our love for God in ChrisL'
To grow in our love for eath other in our Christian community;
To reach out In compasslon. service and ewdngelism; and
To provlde pastoral care for people livlng In the parish.
The P.C.C. has the responsibility of c(FoperatinE with the incumbent in promoting this purpose. It also has
maintenance responsibilities for All Saints Churth. Northallerton and 5t James Church, Romanby.
The P.C.Q Members have paid due regard to guidance issued by the Chaiity Commission in deciding what
actiwties the charity should undertake.
Athlevements and perfomiance
The P.C.C. met 5 times and the Standing Committee met 4 times during the year. The All Saints, St James
and Finance Action Groups met on a number of occasions a5 busin￿ required.
There were 208 parishioners (212 in 20231 on the Electoral Roll at the date of the 2024 Annual Parish
Meetlng.

Revlew of the year endln8 31• December 2024
The financial year has been a challenge, with congregations still faillng to recover from the loss during covid
and the traditional services dedining with the age of the con8re8ants. However. we are seeln8 8rowth In
our New Worshipping Communities. which will increase the w'vin8 to the church over time.
We are also seeing an increase In the number of events that are brlngina In funds, includin8 concerts, talks.
and. of partlcular note. the Chrlstmas Tree Festlval, whlth ralsed over £SOI]O for the church.
Great thanks go to all those who have worked hard on managing the finances alongside those who 8i¥e
regularly and those who have given many hours to plan and host events.
There Ss stlll much to be done as we aim to reduce our defidt and become a net contrlbutor to the Dlocese.
Flnanclal revlew
The statement of financlal artfvltles on page 8 sho¥￿ that Income amounted to £160,503 for the year
Compared to £154,629 for the previous year. Expenditure in the year totalled £221,598 compared to
£222,786 in 2023. The resultln8 deficlt for the year after Investment galns Is £56.875 compared to one of
£59,263 for the prevlous year. Income In the year VRS tKK)Sted by a net surplus of Just over £5,000 from
the welcome return of the Chrlstmas Tree Festlval whlch was last held before the pandemlc. Investment
Interest of £10,183 was recelved compared to £11.075 In 2023 and the value of our Investments Increased
by £4,220 compared to an Increase of £8,894 In 2023. but these galns are ufireallsed.
The maln expense varlatlons are a sSgnlflcant Increase In energy costs and a planned decrease of our
Freewlll Offer to the Dlocese of £io,IJJO.
Cash flow wlll contlnue to be monltored carefully. The P.C.C. Is govemed by charlty leglslatlon under whlch
a rlsk assessment has been made and the PCC has detemined that1Squld fvnds are required equNalent to
between three and 51x month's expenditure. Based on the expendlture for 2023 the Ilquld reserves
required are between £55,000 and £lll,OLX) and these are currentty more than adequately covered but
are belng depleted eath year.
The P.C.C. has drawn up a bud8et for 2025 and It Is heartenlng to note that the current energy contracts
wlll end In summer 2025 and new ones have been negotiated that should Significantly reduce expenditure.
Strurturol governance and management
The Paroch￿1 Church Councll Is a corporate body estsbllshed by the Church of En8land. The P.C.C. operates
under the Parochial Church Councll Powers Measure. The P.QC. is registered a5 an individual thBrity with
the Charfty Comm￿10n.
The P.C.C. Members who served during the year ￿re.
Mr P Andrew
Mr W P Bakker (Warden)
Mr B Adams (Deputy Warden)
MrMSmr(h
Mr A Deas {Wardenl
(Resigned 28 October 2024)

Mrs S Adsett
Mr I Smithson
Dr M Mace
{ResSgned 29 Aprll 2024)
Mrs E Harbord (Deputy Warden) (Resigned 29 April 2024)
Mrs J Hogg
(Resigned 29 April 2024)
Mrsj Lappin (Deputy Warden)
Mrs O lee
Mr l Gatto
Rev D Johnson
Mr J Slaughter
Rev C Soderrnan
Mrs SToomer
Mrs S Fowler
Mr M Kltchlng
Mrs V Smith
Mr C J OnwuzulSgbo
(Reslgned 22 September 2024)
(Co-opted 22 July 2024)
The method of appolntment of P.C.C. members Is set out In the Church Representatlon Rules. All church
ttendees are encouraged to reglster on the Electoral Roll and stsnd for electlon to the P.C.C,
The buslness of the parlsh Is condurted through the P.C.C. The P.C.C. has a StandlnB Commlttee whlch
meets routlnely between P.C.C. meetlngs.
The P.C.C. delegates some of Its responslbllltles to two sub-commlttees, the St James Actlon Group and the
All Salnts Actlon Group, who meet regularly. They report to the full Councll whlch then dlscusses the Issues
and acts accordlnglv.
All decislons are made by the P.C.C. member5 as a whole.
A resolutlon reappolntlng Deborah Fletcher-mcvay FCA of Xelnadln as Independent examlner wlll be
presented to the Annual General Meetlng.
The P.C.C. Members report was approved by the Board of P.C.C. Members.
Rev D Johnson
Chairman
Dated: 24 March 2025

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF NORTHALLERTON
INDEPENDENT EXAMINER'S REPORTTO THE MEMBERS OF THE PAROCHIAL CHURCH COUNaL OF THE
ECCLESIASTICAL PARISH OF NORThALLERTON
I report to the P.C.C. Members on my examination of the financlal statements of The Parochlal Church
Council of the Eccleslastlcal Parlsh of Northallerton (the charity) for the year ended 31 December 2024.
Responslbilities and basls of report
As the P.C.C. Members of the tharity you are responsible for the preparatlon of the flnandal statements In
accordance wlth the requlrements of the Charltles Act 2011 (the 2011 Act).
I report in respect of my examination of the charitys financlal statements carried out under sertion 145 of
the 2011 Act. In carrying out my examination I have followed all the applicable Dirertions 8iven by the
Charity Commission under sertion 14515llbl of the 2011 Art.
Independent examlner's statemenl
Your attentlon Is drawn to the fart that the charlty has prepared finandal statements In accordance wlth
Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting
Standard applicable in the UK and Republic of Ireland IFRS 1021 in preference to the Accountin8 and
Reportlng by Charities: Statement of Recommended Practice Issued on l April 200S which Is referred to In
the extant regulatlons but has now been wlthdrawn.
l understand that this has been done In order for financial statements to provide a true and fair view in
accordance with Generally Accepted Accountin8 Practice effective for reportlng periods beginnin8 on or
after l January 2015.
I have completed my examination. I confirm that no matters have come to my attention in connection with
the examinatlon glvlng me cause to belleve that In any material respert:
accounting records were not kept in respect of the charity as requlred by sectton 130 of the 2011
Act; or
the financial statements do not accord vAth those records; ar
the financlal statements do not comply with the appllcable requlrements conceming the form and
content of accounts set out in the Charities (Accounts and Report51 Regulations 2008 other than any
requirement that the accounts glve a true and falr vlew whlch Is not a matter conSIder￿ as part of
an independent examinatlon.
I have no concerns and have come across no other matters in connection with the examination to which
attention should be dra￿Tr In thls report In order to enable a proper understanding of the financlal
statements to be reached.
Deborah Fletcher-mcvay FCA
Xeinadin
Accountants
Trlnlty House
Thurston Road
Northallerton
DL6 2NA
Dated:
2113111

THE PAROCHIAL CHURCH COUNCILOF THE ECCLESIAThCAL PARISH OF NoRTHA￿ToN
STATEMENT OF HNANaAL AcfivrnES
YEAR ENDED 31" DECEMBER 2024
Funds
Total 2024 Total 2023
Income from:
Donations and legades
Church activitses
Other tradlng actlvlties
Investments
108.S30
19,131
10,284
555
11,084
1.291
119,614
20,422
10,284
10,183
121.067
21,100
1,387
11.07S
9,628
Totsl Income
138500
22AK13
160.503
154.629
Expenditure on:
Raisin8 Funds
Charitable Acti¥iknes
3,583
218,015
148,766
69.249
222,786
Total Expendlture
Is
69249
221,S98
222,786
Transfws between ￿Thd$
(2,186)
Net galnsloosses) on Inveslrnts
li
Net m(v4ernent In Funds
(7A43)
(49,432)
(s6￿75)
159.2631
Fund balances at l January 2024
6SO,018
389,T13
1,039,791
1.099,054
F￿d balances at 310ecember 2024
64¥75
340341
982,916
1,039,791

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF NORTHALLERTON
BALAp4￿ SHEET
31ST DECEMBER 2024
2023
FIXED ASSErs
Tangible assets
Investments
674.044
86,880
760.924
694,341
82,661
777,002
li
CURRENT ASSETS
Debtors
Investments
Cash at bank and in hand
10.030
190.909
31.212
232.151
11,410
240,726
17,078
269,214
CREDITORS: Amounts falling due wthln one year
14 (10,159)
{6,425)
NET CURRENT ASSErs
221,992
262,789
TOTAL ASSETS LESS CURREKf ilABILmES
982.916
1,039.791
FUNDS
Restrlrted funds
Unrestricted funds
340A41
642￿75
389.773
650.018
TOTAL FUNDS
982316
1.039,791
These financial statements were approved by the P.C.C Members on 24th March 2025.
Rev D JOHNSON
Chairman
Mr I CSMITHSON
Trustee

THE PAROCHIAL CHURCH COUNaL OF THE ECCLESIASTICAL PARISH OF NORTHA
NOTES TO THE FINANaAL STATEMENTS
YEAR ENDED 31ST DECEMBER 2024
AccouKllNG pouaES
Charity Infomiatlon
The Parochial Church Counal of the Ecclesiastical Parish of Northallerton is a corporate body
established by the Church of England.
1.1 A¢¢ountln8 conv￿tIon
The accounts have been prepared In accordan￿ wlth the charws Parochlal Church Councll IPowersl
Measure119561. the Charities Act 2011 and -Accountin8 and Reportin8 by Charities: Statement of
Recommended Practio applicable to charities preparing their accounts in accordance with the
Financial Reportin8 Standard applicable in the UK and the Republlc of Ireland IFRS 102}" las amended
for accounting periods commencin8 from l January 2019). The d￿rity is a Public Benefit Entity as
defined by FRS 102.
The accounts have departed from the Charities (Accounts and Reportsl Regulations 21￿8 only to the
extent required to provide a true and fair view. This departure has involved following the Statement of
Recommended Practice for charibes applying FRS 102 rather than the version of the Statement of
Recommended Practice which is referred to in the Regulations but whbth has Sin￿ been withdrawn.
The accounts are prepared in sterfin& whith is the functional currency of the charity. Monetary
amounts In these finantial statements are rounded to the nearest £.
The accounts have been prepared under the historfcal cost convention, modlfied to Include
investment pmpertles at falr value. The prlntipal accountlng policies adopted are set out below.
12 Golng Con¢em
At the time of appro￿n8 the accounts, the P.CC. Members have a reasonable expectation that the
charity has adequate resources to continue in operational existen￿ for the foreseeable future. Thus
the P.C.C Members continue to adopt the going concern basls of accountlng in weparing the
accounts.
1.3 Charltsble Funds
Unrestricted funds are available for use at the discretion of the P.CC. Members in furtherance of thelr
charitable obJectlve5 unless the funds have been deslgnated for other purposes.
Restricted funds are subJect to specific conditions by donors as to how they may be used. The
purposes and uses of the restricted funds are set out in the notes to the account&
io

1.4 Incomlng resources
Income is recognised when the cha￿ty Is legally entitled to It after any perfonnance condltlons have
been met, the amounts can be measured rellably, and It Is probable that Income wlll be recelved.
Cash donatlons are recognlsed on recelpt. Other donatlons are reco8nlsed once the charlty has been
notlfied of the donation, unless perfom)ance conditions require deferral of the amount. Income tax
recoverable In relatlon to donatlons recelved under Glft Aid or deeds of covenant Is recognlsed at the
time of the donation.
Legacles are recognlsed on re￿Ipt or otherwlse If the charlty has been notlfied of an Impendlng
distribution, the amount Is known, and receipt is expected.
Other tradinB Income, Includin8 resour￿$ from thurch actlvitles and other trading actSvities. is
recognised when recelvable by the charlty.
Investment Income, In the forni of Investment Interest, Is recognlsed when ￿CeIVable by the charlty.
Rentsl income from the informal lettin8 of church premises is recognised when the rental 15 due.
Deferred income relates to wedding deposits deferred to the period in vthich the event it relates to
occurs.
1.5 Resources expended
Expenditure is reco8nised on an accruals basis as a liability is incurred. Expenditure includes any VAT
whlch cannot be fully recovered. and Is reported as part of the expenditure to whlch It relates:
Costs of raising funds comprises the costs associated with attrarting donations and the costs of
trading for fundraising purposes
Charltable expendlture comprlses those costs Incurred by the charity In the dellvery of Its actlvltles
and services to beneficiaries. It includes both costs that can be allocated directly to such activities
and those costs of an Indirect nature necessary to support them.
L6 Tanglble flxed assets
Tangible fixed assets are initially measured at cost and subsequently measured at cost, net of
depreclatlon and any Impalrment losses. Consecrated and benefice property of any kind15 excluded
from the financial statements by section 10 of the Charities Act 2011. Depreciation is reco8nised so as
to write off the costs Df assets less thelr residual values over their useful Elves on the followlng basis:
Freehold property
Improvements to consecrated property
Plant and machinery
Furniture and Flttln8S
Nll
2% stral8ht Ilne
15% reducing balance
5% reduclng balance
The lain or loss arising on the disposal of an asset Is determlned as the difference between the sale
proceeds and carryin8 value of the asset. and is recoEnlsed In net Incomellexpendlturel for the year.
li

1.7 Impalrnient of fixed assets
At each reporting end date, the tharity reviews the carying amounts of Its tsn8ible assets to
deterniine whether there is any indication that those assets have suffered an impairment loss. If any
suth Indication exists, the recoverable amount of the asset is estimated in order to detem)ine the
extent of the impaimient loss Irf any).
1.8 Inveslments
Current asset Investments represent deposlt accounts held by the charfty which are measured
accordlng to the value of the deposlt fund at the balance sheet date. FSxed asset Investments are
initially measured at transaction price excludin8 transaction costs, and are subsequently measured at
fair value at each reportln8 date. Chan8es in falr value are recognlsed In net Incomellexpendlturel for
the year. Transactlon costs are expensed as Incurred.
Donatlons and leiades
Unrestrl¢ted Restrt¢ted
Funds
Tot•1
2024
Total
2023
Donatlons and Glfts
Le8acies receivable
108,$30
11.084
119,614 119,757
1.310
119,614 121,067
108,530
11,084
Donatlons and Glfts
Glft Ald donations and other planned
8lvln8
Income tax recoverable on Glft Ald
Collectlons
Donatlons
67,035
67,03S
68,159
19,238
IS,124
7,133
19,238
17,477
7,133
19,773
17,030
5.509
2,353
Or8an Recltal Donatlons
Chlldren & Families income
Hambleton DC Warm Spaces Grant
Dlocesan Bullding Grant
2,677
2,677
4,554
4,632
4,154
500
1,500
119.614
108.530
11.084
119,757
For the year ended 31 Oecember 2023
Donatlons and Glfts
Le8actes re￿1¥able
108,820
250
109,070
10.937
1.060
11,997
119,757
1,310
IZl.067
12

Church activities
Unrestrlrted Restrlcted
Funds
Funds
Totsl
Funds
2024
Total
Funds
2023
Churth artlvlty Income
Letting income
Fees
Listed Place of Worship VAT grant receivable
3,732
15,399
3,732
15,399
1.291
20,422
4,903
14,442
1,755
21,100
1,291
1,291
19,131
AII 2023 church activities intorne was unrestricted with the exception of £1,755 reteived from the
Llsted pla￿ of Worshlp VAT grant.
Olher tradlnE actlvltles
2024
2023
Activities for generating funds
10,284
1,387
Investments
Unrestrlcted Restrlrted
Funds
Funds
Total
Funds
2024
Total
Funds
2023
Interest receivable
For the year ended 31 December 2023
Interest receivable
555
9.628
10,IS3
11,075
698
10,377
11,075
Ralslng Funds
Unrestricted Restrlcted
Funds
Funds
Total
Funds
2024
Total
Funds
2023
Tradlng costs
Other trading activitles
3,583
3,583
13

7 Charltsble Ktiviti¢s
2024
2023
Mlsdon and parish 8Mn8
Clergy expenses and houslng
Heat, light and water
Malntenance and repalrs
Insurance
Organlsts salarles and occaslonal office fees
Event costs
Postage, ststlonery, telephone. sundrfes and bank charges
Parlsh admlnlstration
Donatlons
Altar requlsltes
Depreclatlon
Fees to Dk)cese
Legal and professlonal
Chlldren & Famllles mlnlsterfs salary and related costs
VAT expenditure covered by 8rant
65,(LlO
7S,000
10,905
15,711
7,942
5,978
18,289
69
8,659
6,686
7,925
2.S87
23,895
2,S88
1,564
33,232
1,756
222,786
24,829
7,739
6,165
19,273
2,212
6,955
4,113
2,924
22,483
4,314
1,708
32,524
1,291
218,015
Analysls by fund
Unrestricted fund5
Restrlrted funds
148,766
69,249
218.015
161,619
61,167
222,786
Le831 and professlonal fees Indudes fees payable to the Independent Examlner of £1.600 12023
£1,500).
P.CG Membe
None of the P.C.C. Members lor any persons connected wlth theml recelved any remunerntion durirt8
the year but two of them were reImt￿rSed a total of £7.201 travelllng and other out of pocket expenses
12023- three were relmbursed £8,378).
9 Empl￿ee$
2024
Number
2023
14umber
Number of employees
The average monthly number of employees duflng the year was:
14

io
Tangible Fixed Assets
Freehold Improvement Plant and Furnlture
Property
to
Mathlnery
and
Flttin85
Totsl
Consecrated
Property
Cost
At l January 2024
Addltlons durlng the year
At 31 December 2024
135,000
603,669
109,666
59,338
2,186
61,524
907,673
2,186
909,859
135,000
603,669
109,666
Depreclatlon and Impalrment
At l January 2024
Depredatlon charged In the year
At 310ecember 2024
144,945
12,074
157,019
56,970
7,904
64,874
11,417
2,505
13,922
213,332
22,483
235,815
Canylng amount
At l January 2024
At 31 December 2024
135,000
135.000
458.724
446,650
52,696
44,792
47.921
47,602
694.341
674,1)44
Improvernents to consecrated property Include the constructlon of the extenslon to St James Churth
and the re-roofln8, Structural work to the tower at All Salnts Church and the converslon of the north
alsle room and Improvements to the parlour and office at All Salnts Church together wlth the costs of
works relatln8 to the heatln8 scheme at All Salnts completed In 2021.
Freehold property comprises the resldential property at l Ashlands Road.
11 Investments
Cost or Valuatlon
CCLA Investment
Fund
At l January 2024
Addltlons
Valuatlon chan6es
Olsposals
82,661
4.219
86.880
Carrylng amount
As at 31 December 2024
86,880
As at 31 December 2023
82,661
Is

All Investments are carried at thelr falr value. Investments are traded In quoted public markets for
which market prices are readily available.
12 Debtors
2024
2023
Amounts falllng due wlthln one year
Other debtors
Prepayments and accrued Income
9,207
823
lo￿
11,132
278
IINIO
13 Current asset Investments
2024
2023
Cash on deposlt
190,909
240,726
14 Credltors
2024
2023
Amounts falllng due wlthln one year
Other creditors
Accruals and deferred Income
10,IS9
10,159
6,425
6,425
15 Restrfrted Funds
The Income funds of the charlty Indude restrlcted funds comprlsln8 the followlng unexpended
balances of donatlons and grants held on trust for speclftc purposes:
Movement In Funds
Intomin8
Resources
resources
expended
Balance
atl
January
2024
Transfers
Balance
at31
December
2024
Fabrlc Repalr Fund-StJames
Fabr￿ Repair Fund- All Saints
Ida Hewson Fund
Evangelical Purposes Fund
Music Fund
Funeral Collectlons for Charltable
Purposes
169,793
4,194
1.500
8,104
1.685
2,876
2,353
9,193
12,1861
162,608
1,500
127,594
38.379
10,260
143,699
68,219
8,062
24,209
31,525
678
2,353
Llsted Place of Worshlp VAT Grants
1,291
22A103
1,291
69.249
389,773
12,186)
340,341
16

The St James Fabrlc Repair Fund represents a number of legacies from past parlshloners for the
general upkeep of the fabrlc of the church. Expenditure was incurred on maintenance, organ tuning
and repalr, heatlng, Ilght, and Insurance costs as well as a number of mlnor works In the church.
The All Salnts Fabrlc Fund was established during the year followin8 the receipt of a grant from the
Dlocese towards the costs of repairlng a chlmney In the thurch. One of the grant conditions was that It
be placed Into a restrlcted fund. The work wlll be carrfed out in 2025.
Income from the Ida Hewson fund and any capltal whlch the York Dlocesan Board of Flnance decldes It
should use, must be applled for uses In the Parlsh of Northallerton whlch are both charltable and
ecclesiastical, includlng the repair of the fabric of the church, the expense of running servlces and
providing for a cholr and the Diocesan Quots for Forelgn Misslons. Thls fund Is beln8 used to fund two
thlrds of the cost of Chlldren & Familles Work.
The Evangellcal Purposes Fund Is the proceeds of a le8acy to be spent on those purposes. Expendlture
has been Incurred on the Assoclate Mlnlsterfs expenses. or8anlsts salarles, seThlce costs and one thlrd
of the expendlture on Chlldren & Famllles work.
A Muslc Fund was set up In 2023 by the P.C.C. to ralse funds for works to the All Salnts organ. Durlng
the year collections followlng muslc recltals given In All Saints and donations receNed for the or8an
were added to the fund.
Funeral Collectlons for Charltable Purposes Comprlse SO% of collectlons recelved at lunerals whlch the
P.C.C. has elected to donate to charltles where one has been nomlnated by relatlves of the deceased.
Llsted Place of Worshlp grants vRre clalmed In the year to fund the VAT costs Incurred on the heatln8
prolect.
Transfers from restrlcted to unrestricted funds relate to flxed asset additlons funded from the
approprlate restrl¢ted fund, whereby the restrlctlon on Income Ss satlsfled followlng expendItU￿ on
the capital asset.
16 Analysls of net assets between funds
Unrestrfded Restrlcted
funds
funds
Total
Fund balances at 31 December 2024 are rewesented by:
Tangible assets
Investments
Current assets / {Ilabllltlesl
539,044
86,880
16,651
642,575
135,000 674,044
86,880
221,992
982,916
205,341
340,341
17 Related party transartlons
There were no dlsclosable related party transactlons durlng the year12023- none).
17