# 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||_||—_||—_||—|—||—_||—||—||—|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.
This report was originally dated: | 15" January 2025
|
This report was produced by: -
ee
Ian J. Standen, Signed on 19" February 2025
and was approved by: - Sam Shone Ja Signedon ZY, 2 Aot;uc 4 Z-St5
Page 8