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ST ANDREW'S HEADINGTON PCC
ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2024
Page 8.
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF ST ANDREW'S HEADINGTON PCC
I report on the accounts of the PCC for the year ended 31 December 2024 which are set out on pages 9 to 14.
Respective responsibilities of the PCC and the Examiner
The PCC consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 ('the Act') and that an independent examination is needed.
It is my responsibility to examine the accounts under s145 of the act; follow the procedures laid down in the General Directions given by the Charity Commissioners under s145(5)(b) of the Act; and state whether particular matters have come to my attention.
Basis of Examiner's statement
My examination was carried out in accordance with the General Directions given by the Charity Commission.
An 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 disclosure in the accounts and seeking explanations from you as trustees concerning such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the view given by the accounts.
Examiner's statement
In connection with my examination, no matter has come to my attention:
-
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; as also contained in the Church Accounting Regulations 1997
have not been met; or
- to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
A Churchill Stone FCA DChA Mercer Lewin Ltd Chartered Accountants 6-7 Citibase, New Barclay House, 234 Botley Road Oxford, OX2 0HP
Page 9.
ST ANDREW'S HEADINGTON PCC STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2024
| 2024 | 2023 | |||||
|---|---|---|---|---|---|---|
| General | Designated Restricted | Total | Total | |||
| fund | funds | funds | ||||
| Note | £ | £ | £ | £ | £ | |
| INCOME | ||||||
| From generated funds | ||||||
| Voluntary income | 2 | 99,271 | - | 4,104 | 103,375 | 96,295 |
| Activities for generating funds | 3 | 2,825 | - | - | 2,825 | 6,659 |
| Investment income | - | 12 | 11 | 23 | 240 | |
| From charitable activities | 1,520 | - | - | 1,520 | 1,908 | |
| Other incoming resources | - | 200 | 100 | 300 | 100 | |
| 103,616 | 212 | 4,215 | 108,043 | 105,202 | ||
| EXPENDITURE | ||||||
| Cost of generating income | 830 | - | - | 830 | 1,125 | |
| Charitable activities | 4 | 112,499 | 2,492 | 47,155 | 162,146 | 136,320 |
| Governance costs | 5 | 4,993 | - | - | 4,993 | 3,683 |
| 118,322 | 2,492 | 47,155 | 167,969 | 141,128 | ||
| Net (outgoing)/incoming resources for the | ||||||
| year before other gains and losses | (14,706) | (2,280) | (42,940) | (59,926) | (35,926) | |
| Gains and losses on investment assets | ||||||
| on disposal | - | - | - | - | - | |
| on revaluation | 6,485 | 5,614 | 4,892 | 16,991 | 59,974 | |
| Transfers between funds | (1,099) | 991 | 108 | - | - | |
| Net movement in funds | (9,320) | 4,325 | (37,940) | (42,935) | 24,048 | |
| Total funds brought forward | 202,371 | 568,622 | 158,811 | 929,804 | 905,756 | |
| Total funds carried forward | 193,051 | 572,947 | 120,871 | 886,869 | 929,804 |
Page 10.
ST ANDREW'S HEADINGTON PCC BALANCE SHEET AS AT 31 DECEMBER 2024
| 2024 | 2023 | ||||||
|---|---|---|---|---|---|---|---|
| Note | £ | £ | £ | £ | |||
| FIXED ASSETS | |||||||
| Tangible assets | 7 | 393,407 | 393,407 | ||||
| Investments | 6 | 435,638 | 523,647 | ||||
| CURRENT ASSETS | |||||||
| Debtors | 8 | 61,675 | 10,342 | ||||
| Cash at bank and in hand | 2,426 | 4,571 | |||||
| 64,101 | 14,913 | ||||||
| CREDITORS | |||||||
| Amounts falling due within one year | 9 | (6,277) | (2,163) | ||||
| NET CURRENT ASSETS | 57,824 | 12,750 | |||||
| NET ASSETS | 886,869 | 929,804 | |||||
| FUNDS OF THE CHURCH | |||||||
| General fund | 193,051 | 202,371 | |||||
| Designated funds | 10 | 572,947 | 568,622 | ||||
| 765,998 | 770,993 | ||||||
| Restricted funds | 10 | 120,871 | 158,811 | ||||
| 886,869 | 929,804 |
These accounts were approved by the PCC on 4 May 2025 and are signed on its behalf by:
R Gledhill PCC Vice-chair
M Nichols Churchwarden
Page 11.
ST ANDREW'S HEADINGTON PCC NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2024
1. Accounting policies
a. Basis of preparation
The PCC is a public benefit entitiy within the meaning of FRS102. These financial statements have been prepared under the Charities Act 2011 and in accordance with the Church Accounting Regulations 2006 governing the individual accounts of PCCs and with the regulations 'true and fair view' provisions; they have also been prepared under FRS102 as the applicable accounting standard and the 2016 version of the Statement of Recommended Practice, Accounting and reporting by Charities.
b. Funds
Unrestricted funds are general funds available for the general objectives of the church.
Designated funds are unrestricted funds that have been set aside by the PCC for particular purposes.
Restricted funds can only be used for the purposes for which thy have been given, within the objectives of the church. The cost of raising and administering such funds are charged against those specific funds. The aim and use of each fund is explained later in the notes.
c. Incoming resources
All incoming resources are included in the SoFA when the church becomes legally entitled to the income and when the amount can be quantified with reasonable certainty.
Collections are recognised when received by or on behalf of the PCC. Planned giving is recognised only when received. Grants and legacies are recognised as soon as the PCC becomes aware of its legal entitlement and the amount due is quantifiable with reasonable certainty.
Income tax recoverable on gift aid donations is accounted for when the gift is received, not when the tax refund is received.
When incoming resources have related expenditure ( as with fundraising income) the incoming resources and the related resources expended are accounted for gross in the SOFA.
Interest is accounted for when receivable and includes any recoverable tax.
d. Resources expended
Expenditure is included on an accruals basis and is recognised when there is a legal or constructive obligation to pay for goods or services.
All costs have been directly attributed to the various categories on a basis consistent with the use of resources based on an allocation of actual costs.
As the church is not registered for VAT , all the expenditure is shown inclusive of VAT.
Governance costs include the costs of the preparation of the annual accounts, the cost of PCC meetings and the legal cost of advice on governance or constituational matters.
Grants and charitable giving are accounted for when paid over or when awarded, if the award creates a binding obligation on the PCC, provided that there are no conditions to be met relationg to the grant which remain in the control of the church.
e. Fixed assets
All capital expenditure in excess of £1,000, for a single item or a group of similar items , is capitalised.
Depreciation is provided on all tangible fixed assets, at rates calculated to write off the cost evenly over the expected useful economic life of assets as follows: furniture, fittings and equipment - 4 years.
No depreciation is provided on freehold buildings as, in the opinion of the PCC, the residual value of the property is not materially less than the value at which it is carried inthe accounts.
Page 12.
ST ANDREW'S HEADINGTON PCC NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2024 (CONTINUED)
| General Designated Restricted Total fund funds Funds 2. Voluntary income £ £ £ £ Recurring income Tax efficient regular giving 42,434 - - 42,434 Cash collections at services 8,893 - 4,104 12,997 Tax recovered 23,991 - - 23,991 Church boxes and donations 5,953 - - 5,953 81,271 - 4,104 85,375 Non-recurring income Legacies 17,141 - - 17,141 Grants - - - - Donations to new projects - - - - Miscellaneous donations 859 - - 859 99,271 - 4,104 103,375 £ £ £ £ 3. Activities for generating funds Parish functions inc supper and lunch 55 - - 55 External photocopying 164 - - 164 Events, concerts, etc 263 - - 263 Fees - weddings, funerals, etc 2,343 - - 2,343 Rent received - - - - 2,825 - - 2,825 £ £ £ £ 4. Charitable activities - mission of the Church Parish share 46,638 - - 46,638 Expenses of clergy 1,733 - - 1,733 Accommodation for curate 5,005 - - 5,005 Church running costs 25,268 - - 25,268 Church and churchyard maintenance 8,590 1,501 42,571 52,662 Repairs to vicarage/curate's house 460 991 - 1,451 Cost of services 7,186 - - 7,186 Office expenses 8,037 - - 8,037 Mission grants and donations 8,600 - 8,600 Other outreach activities 982 - 4,584 5,566 112,499 2,492 47,155 162,146 £ £ £ £ 5. Governance costs Administration costs 4,159 - - 4,159 Independent examination 834 - - 834 4,993 - - 4,993 6. Investments - CCLA Investment Units £ Balance at 1 January 2024 523,648 Additional amounts invested - Disposal in current year (105,000) Movement in market value 16,990 At 31 December 2024 435,638 2024 |
2023 Total £ 40,995 10,410 17,409 3,788 |
|---|---|
| 72,602 18,860 - 2,713 2,120 |
|
| 96,295 | |
| £ 486 81 - 6,092 - |
|
| 6,659 | |
| £ 46,682 2,029 3,760 12,263 28,365 15,525 7,388 4,766 9,000 6,542 |
|
| 136,320 | |
| £ 2,873 810 |
|
| 3,683 | |
Page 13.
ST ANDREW'S HEADINGTON PCC NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2024 (CONTINUED)
| 7. Tangible fixed assets Cost At 1 January 2024 Additions At 31 December 2024 Depreciation At 1 January 2024 Charge for the year At 31 December 2024 Net book value at 31 December 2024 Net book value at 31 December 2023 8. Debtors Gift aid claims made but not received Other Debtors Prepayments 9. Creditors Accruals 10. Funds Designated funds Parish House Altar fund Fabric fund Organ fund Restricted funds Special collections Altar fund Fabric fund Bells fund New windows project |
At 1 Jan Incoming 2024 resources 393,407 - 4,103 - 137,739 11 33,374 200 |
Property £ 393,407 |
Equipment £ 4,523 - 4,523 4,523 - 4,523 - - 2024 £ 2,231 55,319 4,125 61,675 £ 6,277 6,277 Inv Transfers mov't - 991 131 - 4,414 - 1,069 - |
Total £ 397,930 - |
|---|---|---|---|---|
| 393,407 | 397,930 | |||
| - - |
4,523 - |
|||
| - | 4,523 | |||
| 393,407 | 393,407 | |||
| 393,407 | 393,407 | |||
| Resources expended 991 - - 1,501 |
2023 £ 6,218 211 3,913 |
|||
| 10,342 | ||||
| £ 2,163 |
||||
| 2,163 | ||||
| At 31 Dec 2024 393,407 4,234 142,164 33,142 |
||||
| 568,623 211 |
2,492 | 5,614 991 |
572,947 |
|
| 6,182 4,104 30,581 2 119,781 109 2,267 - - - |
4,584 1,178 41,285 - 108 |
- - 980 - 3,839 - 73 - - 108 |
5,702 30,385 82,444 2,340 - |
|
| 158,811 4,215 |
47,155 | 4,892 108 |
120,871 |
Restricted funds include amounts given by donors for specific purposes. The terms of the restriction are set out at the time of the donation.
Designated funds are amounts set aside by the PCC for particular purposes. These funds are under the control of the PCC and may be amended by the PCC at any time.
Page 14.
ST ANDREW'S HEADINGTON PCC
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2024 (CONTINUED)
| 11 ANALYSIS OF NET ASSETS Fixed assets Investments Current assets Current liabilities |
General Designated Restricted Total fund funds funds £ £ £ £ - 393,407 - 393,407 176,335 179,528 79,775 435,638 22,993 12 41,096 64,101 (6,277) - - (6,277) 193,051 572,947 120,871 886,869 |
|---|---|
12 RELATED PARTY TRANSACTIONS
The amount of expenditure reimbursed to the trustees during the year was £16,220.
The total amount of money donated by the trustees to the charity during the year was £13,083.
ST ANDREW'S HEADINGTON PCC
ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2024
Page 8.
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF ST ANDREW'S HEADINGTON PCC
I report on the accounts of the PCC for the year ended 31 December 2024 which are set out on pages 9 to 14.
Respective responsibilities of the PCC and the Examiner
The PCC consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 ('the Act') and that an independent examination is needed.
It is my responsibility to examine the accounts under s145 of the act; follow the procedures laid down in the General Directions given by the Charity Commissioners under s145(5)(b) of the Act; and state whether particular matters have come to my attention.
Basis of Examiner's statement
My examination was carried out in accordance with the General Directions given by the Charity Commission.
An 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 disclosure in the accounts and seeking explanations from you as trustees concerning such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the view given by the accounts.
Examiner's statement
In connection with my examination, no matter has come to my attention:
-
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; as also contained in the Church Accounting Regulations 1997
have not been met; or
- to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
A Churchill Stone FCA DChA Mercer Lewin Ltd Chartered Accountants 6-7 Citibase, New Barclay House, 234 Botley Road Oxford, OX2 0HP
Page 9.
ST ANDREW'S HEADINGTON PCC STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2024
| 2024 | 2023 | |||||
|---|---|---|---|---|---|---|
| General | Designated Restricted | Total | Total | |||
| fund | funds | funds | ||||
| Note | £ | £ | £ | £ | £ | |
| INCOME | ||||||
| From generated funds | ||||||
| Voluntary income | 2 | 99,271 | - | 4,104 | 103,375 | 96,295 |
| Activities for generating funds | 3 | 2,825 | - | - | 2,825 | 6,659 |
| Investment income | - | 12 | 11 | 23 | 240 | |
| From charitable activities | 1,520 | - | - | 1,520 | 1,908 | |
| Other incoming resources | - | 200 | 100 | 300 | 100 | |
| 103,616 | 212 | 4,215 | 108,043 | 105,202 | ||
| EXPENDITURE | ||||||
| Cost of generating income | 830 | - | - | 830 | 1,125 | |
| Charitable activities | 4 | 112,499 | 2,492 | 47,155 | 162,146 | 136,320 |
| Governance costs | 5 | 4,993 | - | - | 4,993 | 3,683 |
| 118,322 | 2,492 | 47,155 | 167,969 | 141,128 | ||
| Net (outgoing)/incoming resources for the | ||||||
| year before other gains and losses | (14,706) | (2,280) | (42,940) | (59,926) | (35,926) | |
| Gains and losses on investment assets | ||||||
| on disposal | - | - | - | - | - | |
| on revaluation | 6,485 | 5,614 | 4,892 | 16,991 | 59,974 | |
| Transfers between funds | (1,099) | 991 | 108 | - | - | |
| Net movement in funds | (9,320) | 4,325 | (37,940) | (42,935) | 24,048 | |
| Total funds brought forward | 202,371 | 568,622 | 158,811 | 929,804 | 905,756 | |
| Total funds carried forward | 193,051 | 572,947 | 120,871 | 886,869 | 929,804 |
Page 10.
ST ANDREW'S HEADINGTON PCC BALANCE SHEET AS AT 31 DECEMBER 2024
| 2024 | 2023 | ||||||
|---|---|---|---|---|---|---|---|
| Note | £ | £ | £ | £ | |||
| FIXED ASSETS | |||||||
| Tangible assets | 7 | 393,407 | 393,407 | ||||
| Investments | 6 | 435,638 | 523,647 | ||||
| CURRENT ASSETS | |||||||
| Debtors | 8 | 61,675 | 10,342 | ||||
| Cash at bank and in hand | 2,426 | 4,571 | |||||
| 64,101 | 14,913 | ||||||
| CREDITORS | |||||||
| Amounts falling due within one year | 9 | (6,277) | (2,163) | ||||
| NET CURRENT ASSETS | 57,824 | 12,750 | |||||
| NET ASSETS | 886,869 | 929,804 | |||||
| FUNDS OF THE CHURCH | |||||||
| General fund | 193,051 | 202,371 | |||||
| Designated funds | 10 | 572,947 | 568,622 | ||||
| 765,998 | 770,993 | ||||||
| Restricted funds | 10 | 120,871 | 158,811 | ||||
| 886,869 | 929,804 |
These accounts were approved by the PCC on 4 May 2025 and are signed on its behalf by:
R Gledhill PCC Vice-chair
M Nichols Churchwarden
Page 11.
ST ANDREW'S HEADINGTON PCC NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2024
1. Accounting policies
a. Basis of preparation
The PCC is a public benefit entitiy within the meaning of FRS102. These financial statements have been prepared under the Charities Act 2011 and in accordance with the Church Accounting Regulations 2006 governing the individual accounts of PCCs and with the regulations 'true and fair view' provisions; they have also been prepared under FRS102 as the applicable accounting standard and the 2016 version of the Statement of Recommended Practice, Accounting and reporting by Charities.
b. Funds
Unrestricted funds are general funds available for the general objectives of the church.
Designated funds are unrestricted funds that have been set aside by the PCC for particular purposes.
Restricted funds can only be used for the purposes for which thy have been given, within the objectives of the church. The cost of raising and administering such funds are charged against those specific funds. The aim and use of each fund is explained later in the notes.
c. Incoming resources
All incoming resources are included in the SoFA when the church becomes legally entitled to the income and when the amount can be quantified with reasonable certainty.
Collections are recognised when received by or on behalf of the PCC. Planned giving is recognised only when received. Grants and legacies are recognised as soon as the PCC becomes aware of its legal entitlement and the amount due is quantifiable with reasonable certainty.
Income tax recoverable on gift aid donations is accounted for when the gift is received, not when the tax refund is received.
When incoming resources have related expenditure ( as with fundraising income) the incoming resources and the related resources expended are accounted for gross in the SOFA.
Interest is accounted for when receivable and includes any recoverable tax.
d. Resources expended
Expenditure is included on an accruals basis and is recognised when there is a legal or constructive obligation to pay for goods or services.
All costs have been directly attributed to the various categories on a basis consistent with the use of resources based on an allocation of actual costs.
As the church is not registered for VAT , all the expenditure is shown inclusive of VAT.
Governance costs include the costs of the preparation of the annual accounts, the cost of PCC meetings and the legal cost of advice on governance or constituational matters.
Grants and charitable giving are accounted for when paid over or when awarded, if the award creates a binding obligation on the PCC, provided that there are no conditions to be met relationg to the grant which remain in the control of the church.
e. Fixed assets
All capital expenditure in excess of £1,000, for a single item or a group of similar items , is capitalised.
Depreciation is provided on all tangible fixed assets, at rates calculated to write off the cost evenly over the expected useful economic life of assets as follows: furniture, fittings and equipment - 4 years.
No depreciation is provided on freehold buildings as, in the opinion of the PCC, the residual value of the property is not materially less than the value at which it is carried inthe accounts.
Page 12.
ST ANDREW'S HEADINGTON PCC NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2024 (CONTINUED)
| General Designated Restricted Total fund funds Funds 2. Voluntary income £ £ £ £ Recurring income Tax efficient regular giving 42,434 - - 42,434 Cash collections at services 8,893 - 4,104 12,997 Tax recovered 23,991 - - 23,991 Church boxes and donations 5,953 - - 5,953 81,271 - 4,104 85,375 Non-recurring income Legacies 17,141 - - 17,141 Grants - - - - Donations to new projects - - - - Miscellaneous donations 859 - - 859 99,271 - 4,104 103,375 £ £ £ £ 3. Activities for generating funds Parish functions inc supper and lunch 55 - - 55 External photocopying 164 - - 164 Events, concerts, etc 263 - - 263 Fees - weddings, funerals, etc 2,343 - - 2,343 Rent received - - - - 2,825 - - 2,825 £ £ £ £ 4. Charitable activities - mission of the Church Parish share 46,638 - - 46,638 Expenses of clergy 1,733 - - 1,733 Accommodation for curate 5,005 - - 5,005 Church running costs 25,268 - - 25,268 Church and churchyard maintenance 8,590 1,501 42,571 52,662 Repairs to vicarage/curate's house 460 991 - 1,451 Cost of services 7,186 - - 7,186 Office expenses 8,037 - - 8,037 Mission grants and donations 8,600 - 8,600 Other outreach activities 982 - 4,584 5,566 112,499 2,492 47,155 162,146 £ £ £ £ 5. Governance costs Administration costs 4,159 - - 4,159 Independent examination 834 - - 834 4,993 - - 4,993 6. Investments - CCLA Investment Units £ Balance at 1 January 2024 523,648 Additional amounts invested - Disposal in current year (105,000) Movement in market value 16,990 At 31 December 2024 435,638 2024 |
2023 Total £ 40,995 10,410 17,409 3,788 |
|---|---|
| 72,602 18,860 - 2,713 2,120 |
|
| 96,295 | |
| £ 486 81 - 6,092 - |
|
| 6,659 | |
| £ 46,682 2,029 3,760 12,263 28,365 15,525 7,388 4,766 9,000 6,542 |
|
| 136,320 | |
| £ 2,873 810 |
|
| 3,683 | |
Page 13.
ST ANDREW'S HEADINGTON PCC NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2024 (CONTINUED)
| 7. Tangible fixed assets Cost At 1 January 2024 Additions At 31 December 2024 Depreciation At 1 January 2024 Charge for the year At 31 December 2024 Net book value at 31 December 2024 Net book value at 31 December 2023 8. Debtors Gift aid claims made but not received Other Debtors Prepayments 9. Creditors Accruals 10. Funds Designated funds Parish House Altar fund Fabric fund Organ fund Restricted funds Special collections Altar fund Fabric fund Bells fund New windows project |
At 1 Jan Incoming 2024 resources 393,407 - 4,103 - 137,739 11 33,374 200 |
Property £ 393,407 |
Equipment £ 4,523 - 4,523 4,523 - 4,523 - - 2024 £ 2,231 55,319 4,125 61,675 £ 6,277 6,277 Inv Transfers mov't - 991 131 - 4,414 - 1,069 - |
Total £ 397,930 - |
|---|---|---|---|---|
| 393,407 | 397,930 | |||
| - - |
4,523 - |
|||
| - | 4,523 | |||
| 393,407 | 393,407 | |||
| 393,407 | 393,407 | |||
| Resources expended 991 - - 1,501 |
2023 £ 6,218 211 3,913 |
|||
| 10,342 | ||||
| £ 2,163 |
||||
| 2,163 | ||||
| At 31 Dec 2024 393,407 4,234 142,164 33,142 |
||||
| 568,623 211 |
2,492 | 5,614 991 |
572,947 |
|
| 6,182 4,104 30,581 2 119,781 109 2,267 - - - |
4,584 1,178 41,285 - 108 |
- - 980 - 3,839 - 73 - - 108 |
5,702 30,385 82,444 2,340 - |
|
| 158,811 4,215 |
47,155 | 4,892 108 |
120,871 |
Restricted funds include amounts given by donors for specific purposes. The terms of the restriction are set out at the time of the donation.
Designated funds are amounts set aside by the PCC for particular purposes. These funds are under the control of the PCC and may be amended by the PCC at any time.
Page 14.
ST ANDREW'S HEADINGTON PCC
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2024 (CONTINUED)
| 11 ANALYSIS OF NET ASSETS Fixed assets Investments Current assets Current liabilities |
General Designated Restricted Total fund funds funds £ £ £ £ - 393,407 - 393,407 176,335 179,528 79,775 435,638 22,993 12 41,096 64,101 (6,277) - - (6,277) 193,051 572,947 120,871 886,869 |
|---|---|
12 RELATED PARTY TRANSACTIONS
The amount of expenditure reimbursed to the trustees during the year was £16,220.
The total amount of money donated by the trustees to the charity during the year was £13,083.