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The Church of St Philip and St James, Alderley Edge

End of Year Financial Statements

Year ending 31% December 2024

Page 1

Introduction

This report has been approved by the External Examiner.

Statement of Financial Activities

Statement of Financial Activities			’
	Unrestricted funds	Restricted funds	Endowment funds	Total Prioryear funds __totalfunds
incoming resources
Incoming resourcesfrom generated funds
Voluntaryincome Activitiesforgenerating funds Investment income	£128,940.18 £24,594.08 £11,654.14	— _ —	— — —	£128,940.18 £24,594.08 £11,654.14	£136,380.00 £20,560.40 £9,811.58
Incoming resourcesfrom charitable activities Otherincoming resources LetterBoxIncome	_ £5,785.35 £25,047.05	—	== _ —	— £5,785.35 _£25,047.05	== £11,962.76 £19,247.82
Total income	£196,020.80	—	—	£196,020.80	£197,962.56
Resources used
Costsofgeneratingfunds Costs ofgeneratingvoluntary income Fundraising trading: cost ofgoods sold and other	£724.00 — —_	_— - —	— — _	£724.00 — _	£113.60 — _
costs
Charitable activities	—	—	—	—	--
Other Resources Used	—	—	—	—	—
Ministry Costs Donations/Subscriptions payable Buildings Services/Grounds Support Costs ChurchRooms Administration	£90,409.02 £1,586.25 £31,693.07 £11,756.77 £35,656.37 £6,258.98 £3,962.14	— — = —_ — coe	— _ — — — — —	£90,409.02 £1,586.25 £31,693.07 £11,756.77 £35,656.37 £6,258.98 £3,962.14	£86,789.76 _— £28,264.18 £4,754.45 £26,271.76 £4,148.21 £2,884.89
LetterBox Expenditure Total expenditure	£23,732.12 £205,778.72	— _	— —	£23,732.12 £205,778.72	£14,659.78 £167,886.63
Gains / losses on investment assets	—	—	—	—	—
Netincome /(expenditure) resources before	(£9,757.92)	_—	—	(£9,757.92)	£30,075.93
transfer
Transfers					:
Gross transfers between funds - in	£1,064.29	£730.89	—	£1,795.18	£2,157.56
Grosstransfers between funds - out	(£1,058.86)	(£736.32)	—	(£1,795.18)	(£2,157.56)
Other recognised gains / losses
Gainson revaluation, fixed assets, charity's own use	—	—	_	—	—_
Netmovement infunds	(£9,752.49)	(£5.43)	—	(£9,757.92)	£30,075.93
Totalfunds broughtforward	£163,927.65	£5.43	£6,975.00	£170,908.08	£140,832.15
Total funds carried forward	£154,175.16		£6,975.00	£161,150.16	£170,908.08
Represented by
Unrestricted
General fund	£46,078.38	—_	—	£46,078.38	£60,443.93
Designated

Page 2

CBF General Reserve CBFReserve Fund ChoirFund General Designated		£38,816.56 £46,733.04 £835.45 £111.31	— — —	— — —_ a	£38,816.56 £46,733.04 £835.45 £111.31	£36,301.87 £44,935.78 £645.65 —
Special Projects		£21,600.42	—	—	£21,600.42	£21,600.42
Spire, Organ& InteriorAppeal		_	—	-—	_	_
Restricted
Agency collection		—	(£105.88)	_	(£105.88)	(£105.88)
CBF General Reserve CBF ReserveFund FriendsofSt Philips Fund MemorialFund Miscellaneous restricted/lette Provision of flowers Restd to major/quinquennialwk		— — — — “— —	wae — £109.26 (£5.43) £2.05 —	— — _	= — £109.26 (£5.43) £2.05 _	— £109.26 — £2.05
Special Projects Spire, Organ& InteriorAppeal		— —	Sa —	_ —		— _
Endowment
Endowmentfund		—	—	£6,975.00	£6,975.00	£6,975.00
Balance sheet
Classandcode	Description				This year	Lastyear
Currentassets
3001 3002 3003 3004 3005 3006 3007 3010 3011	Main CurrentAccount Conservation Fund CBFReserve CBF General FriendsAccounts Endowment NewReserveAccount StElizabeth Fund BarclaysDeposit				£25,734.57 £5,387.50 £47,320.89 £38,228.71 _ £6,975.00 £31,224.54 £6,045.00 £233.95	£16,862.26 £3,123.75 £44,935.78 £36,301.87 _— £6,975.00 £36,517.13 £1,054.95 £25,137.34
	Total Current assets				£161,150.16	£170,908.08
Liabilities
6699	Agency collections				=	—_
	Total Liabilities				—	—
	NetAssetsurplus(deficit)				£161,150.16	£170,908.08
Reserves
201	Excess/(deficit)todate Starting balances				(£9,757.92) £170,908.08	£30,075.93- £140,832.15
	Total Reserves				£161,150.16	£170,908.08
	Represented by funds Unrestricted Designated Restricted Endowment Total				£46,078.38 £108,096.78 —_ £6,975.00 £161,150.16	£60,443.93 £103,483.72 £5.43 £6,975.00 £170,908.08

Balance sheet

Class and code

Statement of assets and liabilities

Page 3

			General	General	Designated	Designated	Restricted	Restricted	Endowment	Endowment		Thisyear	Lastyear
Current assets -Cash atbankand in		hand
MainCurrentAccount - Conservation Fund -			£25,734.57 £5,387.50			— —		— —		—_ —		£25,734.57 £5,387.50	£16,862.26 £3,123.75
CBF Reserve -				~	£47,320.89			_		—		£47,320.89	£44,935.78
CBFGeneral - NewReserve Account - StElizabeth Fund - Barclays Deposit -		Totals	_ £8,677.36 £6,045.00 £233.95 £46,078.38		£38,228.71 £22,547.18 — _ £108,096.78			— — Oa os —		— _— “ — —	£38,228.71 £31,224.54 £6,045.00 £233.95 £154,175.16		£36,301.87 £36,517.13 £1,054.95 £25, 137.34 £163,933.08
Current assets - Investments
Endowment -		Totals		— _		— _				£6,975.00 £6,975.00		£6,975.00 £6,975.00	£6,975.00 £6,975.00
	Grandtotal		__£46,078.38_£108,096.78_		£108,096.78 6,975.00£161,150.16 _ £170,908.08
Fund movementby type
			Opening	Incoming		Outgoing		Transfers		Gains/losses		Journals	Closing
Appeal-Spire,Organ&Inter
Designated Restricted	Sub-total forAppeal		— =		— = _		— —		= = —	= _ —		= = —	= — =
Choir - ChoirFund
Designated	Sub-totalforChoir	Choir	£645.65 £645.65	£108.00 £108.00		£20.00 £20.00		£101.80 £101.80		- —		ao _	£835.45 £835.45
GenDes -General	Designated
Designated			_		—		_—	£111.31		—		_—	£111.31
	Sub-total forGenDes		=		=		_	£111.31		_		_	£111.31
Flower - Provision offlowers
Restricted	Sub-total forFlower		£2.05 £2.05		— _		_— —		— —			— _	£2.05 £2.05
General -General	fund
Unrestricted			£60,443.9 a	£191,600. 85		£205,758. 72		(£207.68)		_—		—	£46,078.3 8
	Sub-total forGeneral		£60,443.9	£191,600.		£205,758.		(£207.68)		—		—	£46,078.3
			3		85		72						8
None -Agency collection
Restricted			—		—		ees		=	—		—	=
	Sub-totalforNone	None	=_		_		—		_	—		a	=
Quinquen -Restdto Restricted	tomajor/quing		—		=		ots		—	=		5	ns
Sub-totalforQuinquen			_		—_		_		_	a		=	ea
Endow -Endowment fund													.
Endowment	Sub-totalforEndow		£6,975.00 £6,975.00		— —_		—		-— —	— —		— —	_£6,975.00 £6,975.00
Reserve -CBF Reserve Fund
Designated			£44,935.7	£1,797.26			—_		—_	—		—	£46,733.0
			8										4
Restricted			—		=		es		=o	==		=	=
	Sub-total forReserve		£44,935.7	£1,797.26			—		_	—		—	£46,733.0
			8										4
Friends -Friends Restricted	ofSt Philip		—_		—		=		=	=		=	=
	Sub-total forFriends		_		—_		—_		—	—		<a	=
Genresv -CBF General Reserve
Designated			£36,301.8	£2,514.69			—_		—_—	_		—	£38,816.5
Restricted			7 —_		—		—		—	al		=	6 om

Fund movement by type

Page 4

Sub-totalforGenresv	£36,301.8 7	£2,514.69		=	~		= -	wee
Memori-MemorialFund
Restricted Sub-total for Memor!	£109.26 £109.26	= =		o “=			= — — _	£109.26 £109.26
Genrest-Miscellaneousrestri
Restricted Sub-totalforGenrest	_ =	= =		= =	(£5.43) (£5.43)		= = = _	(£5.43) (£5.43)
Projects -Special Projects Designated Restricted Sub-total forProjects	£21,600.4 2 = £21,600.4 2	= = —		= —	_ = =	_ — = = i — -		£21= = £21a
Grand total	£171,013.	£196,020.		£205,778.	=		— —	£161,256.
Analysis ofincome and expenditure
							Total
Unrestricted		Designated		_Restricted	Endowment		_This year	Last year
INCOMEAND ENDOWMENTS
Incoming resources from generatedfunds -Voluntary income
1101 -Legacies 1102 - Planned Giving 1103 -Tax Refunds PindGvg 1104 -Church Collections 1105 - GiftAid Envelopes	£2,000.00 £85,551.10 £22,590.96 £8,434.29 £651.00		~- —	— — — —		— — — — —	£2,000.00 £85,551.10 £22,590.96 £8,434.29 £651.00	£15,189.75 £78,213.00 £22,518.07 £4,572.36 £3,346.50
1108 -FeestoPCC 1109 -OtherDonations 1620 -TuesdayTotsIncome 1630 - Film Club Income 1800 - Spire, Organ& InteriorAppeal	£5,280.00 £3,498.53 £934.30 _ =		—— —_ —	— — _ —		— — — —_	£5,280.00 £3,498.53 £934.30 _ —	£2,734.00 £8,074.15 £41,732:47 _- =
Total £128,940.18			_	_		—	£128,940.18	£136,380.00
Incoming resourcesfromgenerated funds -Activitiesforgeneratingfunds
1201 -Mobile Phone Transmitter 1401 -ChurchRooms 1403 -Activities/Merchandise	£14,687.92 £860.00 £9,046.16		— — —	— —_		—	£14687.92 £860.00 £9,046.16	£15,863.64 £820.00 £3,876.76
Total	£24,594.08		—	—		—	£24,594.08	£20,560.40
Incoming resources from generated funds -Investment			income
1501 -Endowment Income 1502 -CBF Deposit Interest	£7,202.44 —	_ £4,311.95				— _	£7,202.44 £4,311.95	£7,092.25 £2,522.74
1503 -Other Interest	£139.75		_	—		_	£139.75	£196.59
Total	£7,342.19	£4,311.95		—		_—	£11,654.14	£9,811.58
Incoming resources from charitable activities
1720 - PandemicShopping Income Total	— —		a —	oe =		— =	_ =	-— opecitte

Analysis of income and expenditure

Page 5

Otherincoming resources	Otherincoming resources
1601 1602 1603 1610 1723	-VATRefunds/LPOWScheme - InsuranceClaim -Grants -SingingTogetherIncome - Repayment ofTax		£1,675.92 _ £900.00 £1,185.66 —	~— aa — _	— — — _	— —= a —	£1,675.92 — £900.00 £1,185.66 _	— = £9,546.17 £1,241.59 _
1724 1726 1736 1801	-ChoirFundraising -Domesticfees -Administrator -TaxRefundon Spire GiftAid	Aid Total	£25.00 £1,355.00 £535.77 —_ £5,677.35	£108.00 — — £108.00	— _ — oom —	— — — —_ —	£133.00 £1,355.00 £535.77 — £5,785.35	£70.00 £1,105.00 ~ _— £11,962.76
LetterBox Income						:
1717 1725 1732	- Letter-BoxIncome -Assigned Fees - Organist		£16,387.05 £5,450.00 £1,470.00	_ — —	—	_— a —	£16,387.05 £5,450.00 £1,470.00	£13,214.82 £3,503.00 £1,270.00
1734 1750	-Verger - Sequestration Account		£1,740.00 —	_ =—	— —	— —	£1,740.00 =	£1,260.00 =
		Total	_£25,047.05	—	=	—	_£25,047.05	£19,247.82

EXPENDITURE

Costs of generatingfunds
2735 - CoverforClergy 2800 - Spire, Organ&interiorAppeal Expenditure		£724.00 _-		—		— —		— —	_	£724.00 —_		£113.60 _
	Total	£724.00		—		—				£724.00		£113.60
Costs ofgenerating funds -Costs		ofgenerating	voluntary income
2630 - Film Club Expenditure	Total	— _	_		_	a —_—	_	— _—	_	-- —	_
Costs ofgenerating funds -Fundraising trading:			costofgoods		soldand	and	othercosts	costs
2620 -TuesdayTots Expenditure		_		—		=		—		=		=
	Total	_		=		=		==		=		a
Charitable activities
2720 - PandemicShopping Expenditure		_		—		—		_		—_—		—
	Total	—		—_		—		m		an		a=
Other Resources Used
2802 - Newsletter/Bookstall	Total	— —	_	— ——	_	— =	_	— =	_	—_ =a	_	— =
Ministry Costs
2101 - Parish Share 2102 -Clergywrkg Expenses 2103 -Vicarage Rates/water		£83,237.64 £1,017.40 £4,045.40		—		— — —		— - —	_ £83,237.64 £1,017.40 £4,045.40		£80,400.05	£80,400.05 £1,800.51 £4,146.26
			Page6

2104-Vicarage Repairs/maintenance 2105 -Otherclergyexpense Total	2104-Vicarage Repairs/maintenance 2105 -Otherclergyexpense Total	— £2,108.58 £90,409.02	—_	— -=	— _ —	_ £2,108.58 £90,409.02	— £442.94 £86,789.76
Donations/Subscriptions payable
2201 - External Donations		£1,586.25	—	=	—	£1,586.25	—
	Total	£1,586.25	_	—	—	£1,586.25	—_
Buildings
2401- Utilities/Gas Srvce. 2402 - Insurance, Church&Parish Rooms 2403 -Maintenance/repairs 2404 - Major repairs 2803 - Spire RepairsandNew		£16,932.58 £6,944.36 £7,816.13 — —	a _ — — a	— — oe —	— : — —_ —	£16,932.58 £6,944.36 £7,816.13 _ e	£6,552.96 £7,248.74 £7,662.56 £6,829.92 (£30.00)
Facilities
	Total	£31,693.07	—	a	—	£31,693.07	£28,264.18
Services/Grounds
2301 -Altar requisites		£1,223.72	—		_	£1,223.72	£748.77
2302 - Servicesheets/music 2303 -Wagesand Honoraria 2304 -Churchyard		£3,999.99 £3,043.52 £3,489.54	— — —	— — _	—	£3,999.99 £3,043.52 £3,489.54	£2,371.95 £1,633.73 —
	Total	£11,756.77	_	—	—	£11,756.77	£4,754.45
SupportCosts
2501 -OrdyPCC Expense		£19,595.92	—	oe	—	£19,595.92	£14,117.43
2502 - Flowers		£87.75	—	—	—	£87.75	£118.56
2505 -WorkingwithYoung People		—_	—	—	oo	=	—
2610 - Singing TogetherExpenditure		—	_	a	—		_
2724 - ChoirExpenses 2736 -Administrator		_ £15,952.70	£20.00 —	_ —	_ —	£20.00 _£15,952.70	£133.80 £11,901.97
	Total	£35,636.37	£20.00	—	—	£35,656.37	£26,271.76
Church Rooms
2602 - Church RoomsMaintenance 2603-Church&RoomsCleaning		£1,153.94 £3,894.94	— —	—_ —	— —	£1,153.94 £3,894.94	£60.00 £3,134.20
2604 - Church Rooms Utilities		£1,210.10	—	_	_	£1,210.10	£954.01
	Total	£6,258.98	a		—	£6,258.98	£4,148.21
Administration								:
2701 -Ordy officeexpense		£3,962.14	a	ao	—	£3,962.14	£2,884.89
2702 - Office Telephone 2703 - Office Equipment		_ —	= —	a =	— a=	= —	= fy
2704 -Admin Honoraria		—	—	—	—	=	eas
	Total	£3,962.14	_	—	_	£3,962.14	£2,884.89
LetterBox Expenditure
2725 -Assigned fees 2732 -Organist 2734 -Verger 2750 - Sequestration Account		£4,723.00 £4,324.00 £1,464.00 —_	— _ — —	a — — —	-- — —_ =	£4,723.00 £4,324.00 £1,464.00 =	£3,780.00 £3,876.00 £936.00 ae
2929 - Letter-Box Expenditure		£13,221.12	—	—	—	_—«£13,221.12	£6,067.78
	Total	_£23,732.12	=	—	—	_£23,732.12	_—-£14,659.78

Page 7

(£9,757.92

e Conclusion

The External Examiner has spot-checked the above along with the supporting documents and has agreed the content of this report.

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