NOTES FOR
ANNUAL REPORT AND ACCOUNTS 2024
Page 1
Most of this information is the same as last year except there has been couple of
changes to Church wardens, Representatives on Deanery synod and a few additions
to the elected and co-opted members.
Page 2
The PCC has a number of committees which meet as necessary and report to the
PCC regularly.
Finance and Standing Committee:
Oversees financial affairs and advises the
Vicar and PCC. Prepares the PCC agendas and takes necessary decisions
etween PCC meetings.
Fabric: Oversees the care and maintenance of the parish church, with the advice
of the Architect when required.
Outreach and Worship: Helps to plan the implementation of the wider mission of
the Church.
Makes recommendations about the liturgy and organisation of services.
Resources: Concerned with all aspects of Stewardship.
Flothe: To foster our link with the parish of Flothe in Germany.
There are representatives on the Poulton and Carleton churches together and 2
representatives on the Poulton Partnership. There is a parish safeguarding officer,
Vulnerable Adutts Officer and a health and safety officer. which is now Geraldene
Greehalgh.
Page 3
Nurnber on the Electoral Roll - 248 (as of April 2024) 8 down from 2023
Regular Weekly Attendance was 117 in 2024 5 up from 2023
Review of the year on pages 3 and 4 1 will leave you to read at your leisure.
Page 5
FINANCIAL MATTERS
Bankers
Nat West Bank.Victoria Road, Cleveleys and
CCLA Investment Management Ltd (The CBF Church of England Funds)
Independent Examiner Nicola Mason from Moore and Smalley Preston
The financial statements have been prepared in accordance with the accounting policies set
out in the notes to the accounts and comply with the charity's governing document. the
Charities Act 2011 and Accounting and Reporting by Charities: Statement of Recommended

Practice applicable to charities preparing their accounts in accordance with the Financial
Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). At a time when
many Parishes are struggling to make ends meet. we remain in a reasonable financial
position and have a very great deal to be thankful for.
Each year a budget is set for the day to day running of the church. In 2024 it was anticipated
there would be a deficit of £19,500.. We did slightly better than anticipated with this years
accounts showing a deficit of £18.139.
Reserves Policy
It is considered prudent to maintain a general unrestricted reserve in the region of £50.000
representing running costs for around 3 months. We currently remain in excess of this
figure.
A separate Legacy fund, (balance £169.667 at the year end), is maintained as an
unrestricted fund, and receives any unrestricted legacies that come in, unless other specific
instructions are given by the donor. It is used to fund specific items rather than general
expenditure.
Fabric Fund (£27,082 excluding investments) may only be used for the repair and
maintenance of the Church Building or its contents. Fabric designated Account (£2,992).
Funds from these accounts have been used for recent repairs and for the redecoration work
Hall Redevelopment Fund, (£7.595). These funds may only be applied for Church Hall
Purposes - the hall now being leased to the VPCC. We remain responsible for insuring the
building.
Carleton Fund (total £160,392 comprising fixed assets £150.000 [housel and Deposit
Account £10,392) may only be spent on items pertaining to the Carleton Church Community
worshipping at the shared Church of St Hilda's and St Martin's
Page 6
This remains the same as 2022.
Page 7
Statement of financial activities
This page shows information from 2023 and 2024 so comparisons can be made.
All income and expenditure are broken down in the unrestricted funds. which can be used
for any purpose and restricted funds, which can only be used for a specific purpose.
The top half of the page shows all income and expenditure from all accounts held.
Comparing 2023 to 2024 it shows-
Looking at the total income in 2024, in unrestricted funds is £151 ,084 compared to gJfr9'163
meaning it is £33,936 les than in 2023. And 2024 restricted fvnds £5,557 compared to
£5924 is less by £367

Expenditures in unrestricted funds in 2024 is £157.196 compared with 2023 of £161,306
which is less by £4,110 and restricted funds in 2024 £11.818 compared to 2023 £10,363 is
more by £1.455.
I will go into more detail as to why when reporting on page 11.
The second half of this page show the increase or decrease from gains or losses rf
st
investments were realised on 31 December 20234. For 2024 this would have been an
increase of £924.
Next section is the gross amount of any transfers between any of the accounts.
Lastly shows the balances brought fonmard from 1.1.2024 and what the balances were as of
31.12.23 and therefore being brought fO￿ard to 2025.
You will notice and accounting error from 2023 this is 2 transaGtions that were accounted for
in 2023 and 2024 by error and therefore have shown as being deducted from the 2024
accounts.
So overall in unrestricted funds there is a decrease in 2024 from 2023 by £11,128 and in
restricted funds a decrease of £7008. making total funds £18,136 less in 2024 than 2023.
Page 8
Balance Sheet
This page shows information from 2023 and 2024 and all assets and liabilities of PCC of
PLF St Chad and the balan￿ sheet for 2023 show-
Fixed assets
Property remains the same.
Investment assets. Ihere would be a gain of £924 on CBF stock if realised on 31" December
2024 and the investment stands at £12,572 as of that date.
Current Assests
Debtors are monies that are for 2024 accounts but not received until 2025 and this is tnonies
to be received from gift aid of £7,283.
Short term deposits are monies held at the CBF accounts, Church of England deposit funds
of £291,541.
Cash in Bank is monies held in current accounts with the Nat West £26,516.
Liabilities are monies that are for 2024 accounts but not paid until 2025 and this the
estimated bill for Moore and Smalley for auditing the accounts of £1.176
Total assets less liabilities as of 31.12.2023 is £1,284.037
The funds of the charity which includes all fixed assets and monies on accounts stand at
£929,377 unrestricted
£3,151 designated
£351,509 restricted
Which is £18,139 less than last year.

Page 9 and 10
This explains our accounting policies, what we have to adhere to by law and how the
accounts are run. It also states our fixed assets and investment properties.
Page11
Page 7 is the statement of financial activities and shows the gross totals, of all the
subheadings 2a.b.c.ect and this pages breaks down into more details.
This show figures of 2023 accounts and 2024 and the details l am about to give is
comparisons between the 2 years. l am comparing the TOTAL of restricted and unrestricted
funds.
Donations and le
acies
Overall the donations and legacies was £104,612 in 2024 which was less than 2023,
£142,377 by £37,765, mainly due to legacies received this year wa5 £1000 and last year
was £31.7.50. And donations were down by £5,487.
Charitable activities
Overall charitable activities in 2024 were £24.338 whilst in 2023 it was'£29.034 meaning in
202 was £4,696 less than 2023. This is due to a decrease in fees and repairs to Roylen
Avenue.that was deducted from the monthly rental income.
Other tradin
NIA
activities
Investments
Interest rates have been increasing and interest received in 2024 was £20.275 whilst in 2023
it was £12.171 which is £8.104 increase.
Other income
£60 is from WBC for CCTI/ coverage belonging to the church and £1.799 is the refund of
insurance premium by Poulton Community Hall, which St Chads originally paid.
Overall income from 2024 which is £151.084 compared with £185.390 in 2023 meaning
there is a decrease of £34.306.
enditures
Charitable Activities
In unrestricted funds these are monies granted to various Christian charities and the local 2
church schools. Which is the same as last yesr
The £7500 is monies given to Poulton Community Hall from r8Stricted funds to help towards
roof repairs.
Charitable activities
Looking down at the expenditures the figures between 2024 and 2023 are similar with the
exceptions of
Church running expenses is £16,867 in 2024 whilst in 2023 it was £14,273 this being an
increase of £2,594 due to increase of bills especially the Gas bill as a new fixed rate was
done which was higher than the previous one.

Church Maintenance in 2024 of £3,309 is lower than 2023. £6.629 by £3,320
Education. junior church, little gang etc in 2024 was £1798 and in 2023 was £1,023 the
increase is due to increase in expenses for Junior church and £300 ????
There has been an decrease in Wages and honorariums in 2024 to £25.978 where in 2023 it
was £30,404, this is due to a balance in St chad's HMRC account which has meant the tax
element has not had to be paid in 2024.
In 2024 IT costs were £496 compared to £3.654 in 2023 this is because in 2023 new CCTV
equipment was bought as well as a new contactless machine.
Overall the expenditures in 2024 were £169.014 compared to 2023 which were £171,669
this being a decrease in 2024 of £2.655.
If you look at the overall amount in income in 2024 of £151,084 and the amount in
expenditure of £169.014, expenditure exceeds income by £17,930 meaning we had to draw
on reserves to cover this.
Page 12 and 13
This gives in more details of the figures given on page 8.
Please note that number 11 have now been broken down into cu￿ent year and prior year.
Pages 14
Analysis by funds,
These are breakdowns of funds in the various accounts held and the bottom line shows the
balances being brought forward to the 2025 accounts.
Page15
st
This is the balance sheet for Ihe year ending 31 De￿rnber 2024
This shows the fixed assets, cu￿ent assets and liabilities and net assets of each account.
Overall the accounts do show us still to be in a comfortable position, this is partly due to the
kind legacies that have previously been received and the continued support through
stewardship and donation although these were a lot less in 2024 than in previous years. This
year we have had to draw on monies held in investment accounts by £18,136 and the
budget for 2025 is around £30.000 deficit..

Parochial Church Council of Poulton-le-Fylde (St Chad)
ANNUAL REPORT FOR 2024
Adminlstrative Information
The Parish is part of the Diocese of Blackburn within the Church of England. The Parochial Church
Council {PCC) is a registered charity, number 1131531 and the official title is The Parochial Church
Council of the Ecclesiastical Parish of St Chad. Poulton-le-Fylde"
The Parish is a United Benefice with St Anne's. Singleton.
Places of Worship
St. Chad's Church. Market Place. Poulton-le-Fylde
st. Martin's and St. Hilda's Church, Fleetwood Road. Carleton
Address for Correspondence - Revd. Canon M. Keighley. The Vicarage, Vicarage Road,
Poulton-le-Fylde, FY6 7BE
The Parochial Church Council - Membership
PCC members who have served from 1 January 2024 until the date this report was approved are:_
Incumbent
The Revd. Canon Martin Keighley (Chairman). who is responsible for the
day-to-day running of the parish.
Licenced Lay Minister Mr David Gascoigne
Churchwardens
Miss Lynne Brackpool
Mrs. Joan Swar)
Miss Geraldene Greenhalgh (Mrs Geraldene Rogers from April 2024)
Mr Jack Piney (until June 2024)
De
Churchwarden
Mrs Susan Hanson-scobie
Re
resentatives on Deane
Mr Jack Piney (until April 2024)
Miss Geraldene Greenhalgh {Mr5 Geraldene Rogers from April 2024)
Ms Lindsay Mason
Ms Penny Waters
Miss Lynne Brackpool (from April 2024)
Elected and c￿ ted Members
Mrs Dorothy Griffith, Mrs Elizabeth Harrison, Mrs Susan Hanson-scobie (until April 2024).
Mrs Sarah Keighley, Mrs Barbara Schofield, Mrs Jean Holland. Mrs Julia Walmsley,
Mr Stewart Swan. Mr lan Mills, Mrs Nina Karunasekara (from April 2024),
Mr Julian Mccain (from April 2024) Mr Michael Nuttall (from April 2024)
Mrs Ann Mccarthy (from April 2024)

structu re, governance and management
The method of appointment of PCC members is set out in the Church Representation Rules. All
Church attendees are encouraged to register on the Electoral Roll and stand for election to the PCC.
The PCC has a number of committees which meet as necessary and report to the PCC regularly.
Finance and Standing Committee: Oversees financial affairs and advises the Vicar and
PCC. Prepares the PCC agendas and takes necessary decisions between PCC meetings.
Fabric: Oversees the care and maintenance of the parish church, with the advice of the Architect
when required.
Outreach and Worship: Helps to plan the implementation of the wider mission of the Church.
Makes recommendations about the liturgy and organisation of services.
Resources: con￿rned with all aspects of Stewardship.
Flothe: To foster our link with the parish of Flothe in Braunschweig, Germany.
There is a Representative on Poulton and Carleton Churches Together to act for the Church on the
local Ecumenical Committee and report on ecumenical events.
There is a Parish Safeguarding Officer (Miss Lynne Brackpool ) who oversees the implementation of the
Parish Policy on work wilh children and young people. reporting regularly to the PCC and bringing matters
to the PCC for their approval. The Policy is reviewed regularly.
Miss Brackpool also fulfils the role of Vulnerable Adults Officer.
A Health and Safety Officer (Miss Geraldene Greenhalgh) who oversees the implementation of the
Health and Safety Policy and reports Health and Safety Matters to the PCC.
Objectives and activities
Mission Statement
In the years that lie before us. we, the people of God in the parish of St. Chad, Poulton-le-Fylde.
will seek to-_
Place worship and prayer at the heart of our life together as an expression of our
love of God in Christ Jesus
Grow in Christian love one for another
Grow in the love and knowledge of Christ as he is revealed in the Gospels
Through outreach and pastoral care carry the love and knowledge of the Christ
revealed in the Gospels into our wider community.
Public Benefit Statement
The PCC is aware of the Charity Commission's guidance on public benefit in the 'The Advancement of
Religion for the Public Benefit, and have regard to it in their administration of the parish. The PCC believes
that, by fulfilling its responsibility to work together with the incumbent and to co-operate in all matters of
concern and importance for the promotion of the whole mission of the Church, pastoral. evangelistic, social
and ecumenical, it provides benefit to the public by=
Providing reSoUr￿S and facilities for public worship. pastoral care and spiritual, moral and
intellectual development, both for its members and for anyone who wishes to benefit from what
the Church offers.

Promotina Christian values and service b
mernbers of the Church in the Parish to its communit
to the benefit of individuals and socie
as a whole.
Achievements and performance
Number on the Electoral Roll - 248 (April 2024) 256 (May 2023)
Regular Weekly Attendance 117 (2024) 112 (2023)
Review of the year
Statistics for occasional offices
Funerals in Church.
Funerals at Crematorium or Cemetery
Weddings and Blessings
Baptisms.
"St Chad's and St Hilda's together
2024
37
31
2023
24
37
19
64
54
We are pleased to report increased attendance over the last year. and whilst numbers have not yet
returned to pre-pandemic levels there are positive signs on which to build. We are especially pleased to
report the launch of a new monthly service StChads@5. which began in September, and features a mix of
contemporary worship songs, craft. teaching and prayer. This service has an informal feel, is aimed at
families. and begins with refreshments, prior to 45 minutes of worship. There is more to do in establishing
this sernice, to complement our All-Age provision, and to engage with people at a time, and in a way that
is helpful to them. For those unable to join us in person we continue to livestream the Sunday morning
service at St Chad's, for which Gameras and filming volunteers are now in place.
There have been six meetings of the PCC in 2024. along with the Annual Parochial Church Meeting in
April. The Standing Committee also met on six occasions. Although we have taken steps to reduce
expenditure in recent years, we have been reliant on legacy income to balance the books. Such income
is unpredictable, and in 2024 it was significantly down on recent years, and the annual accounts show a
significant deficit for the year. With limited scope to reduce our expenditure, and likely increases in energy
costs, we will need to give some attention to increasing our stewardship income in 2025.
Thankfully the Vicar's health outlook is much improved, however with the current lack of ordination
candidates and the timescales involved. the parish will not have a Curate for the foreseeable future.
The focus of parish life continues to be the regular offering of worship at both St Chad's and St Hilda's and
the provision for those who lookto the Church at particular points in life It is important to note the significant
number of occaslonal offlces outllnea above, whlch are subslantially greater Ihan rnost parishes. In 2024
the number of baptisms continued to be high. However, we have seen a marked decline in weddings at St
Chad's. which seems likely to be the pattem going forward. Engaging with baptism families and parents
of Junior Church remains a priority, as you will see in our future plans.
In 2024 we ran an enquirers course. Christianity Explored. hosted and led by David and Lee Gascoigne,
who have also been instrumental in the delivery of an evening House Group and Bible Study Groups,
which sits alongside an afternoon Bible Study and a Lent Study Groups through Churches Together in
Poulton and Carleton. Research has shown the importance of such provision. if churches are to grow, and
we regularly seek ways to signpost people lo this provision.
In September a party of parishioners visited our Link Parish of Flothe, in the Lutheran Diocese of
Braunschweig. We enjoyed a full and interesting few days, and were fortunate to meet Bishop Philip, who
was there at the same time. and was able to give reassuran￿ about the future of the link following recent
uncertainty. This was the final visit prior to the retirement of Pastor Ralf Ohainski. who has been at the
heart of the link from the outset. The Vicar represented St Chad's and St Hilda's at Ralf s retirement
celebration in October, and we remain hopeful that the link will continue to flourish under his successor.

Work with schools continues an importantfeature of the parish and a full programme of weekly assemblies,
Church visits, Nativities and Carol Services has continued.
St Hilda's Church continues to progress with the congregation pulling together and taking charge of Messy
Church, which is St Hilda's principal provision for children and families. They continue to work with St
Hilda's School to enhance links, culminating once again in a highly successful Service of Light on Advent
Sunday and a Crib servi￿ on Christmas Eve, together with several School Services in the Church to mark
major festivals.
The Ecumenical Choir led both Carol Service and 'Music and Meditation for Passiontide, at St Martins and
St Hilda's Church.
Personnel
Our Vicar, Revd. Martin Keighley is now in remission following successful cancer treatment. However, we
are keen to support his wellbeing by retaining the revised working pattern established during his treatment.
This continues to involve substantial assistance from the retired clergy.
The Ven Colin Williams, a former Vicar of the Parish, retired locally and has continued to give welcome
assislance through the leading of services across the benefi￿.
The Ven Anne Dawtry, retired Archdeacon of Halifax, is now resident in Poulton, and has continued to
give invaluable support both with regular services and the occasional offices. We are also grateful to Revd
lan Files, who for several years provided regular assistance with servI￿s. but has now stepped back from
that role, whilst taking on the editorial role for The New Sentinel.
We were joined in 2022 by Mr David Gascoigne an eXperIen￿d LLM, who lives in the parish, and who
was able to transfer his licence to St Chad's. In 2024. Revd David Dewey. a retired Baptist Minister, has
successfully sought accreditation as a preacher through Blackburn Diocese, and now features regularly
on the rota.
Our two existing Authorised Lay Ministers, Lynne Brackpool and Lindsay Mason. were recently accredited
for a further three years, and in September were joined by Geraldene Rogers, who was authorized for the
first time. We are also delighted to congratulate her on her wedding earlier in the year!
Buildings
St Chad's Church is a grade 2" listed building most of which dates from a reconstruction which took place
in 1751. It forms the centrepiece of Poulton-le-Fylde and is much admired by our many visitors. particularly
during February or March when there is a magnificent display of crocus in the Churchyard.
The Church building at Carleton is owned by the Roman Catholic Church and the Church Hall is owned
jointly. Both are administered by a Joint Council drawn from St Hilda's and St Martin's congregations.
Running costs are shared between the two churches, and both the Church and Hall are maintained in
good order.
st Chad s Church Hall on Vicarage Road dating from 1925 is now leased to Poulton le Fylde Community
Hall (formerly Vicarage Park Community Centre) which is now fully operational,. used by the Church for
Junior Church on Sunday morning and Little Gang. which meets each Friday morning during term time.
The land adjoining the Church Hall which is owned by the PCC is let to St Chad's Tennis Club on a short
term non-renewable lease.
The clergy house at Roylen Avenue is currently being rented out through a letting agency. thus ensuring
a regular source of income until needed again for parochial use.
Future Plans
We continue to seek ways to draw people back into the worshipping life of the Church and where
possible to engage with the community in new ways.
The monthly non-Eucharistic services have been well re￿iVed by the majority of our congregation and
new faces are regularly seen, especially young families. We continue to seek ways to engage with the
parents of those children and we are taking active steps to build our links with Junior Church and
baptism families. Engaging with older children and young people continues to be challenging but through
Confirmation preparation we do reach small numbers in a meaningful way.

Thè Diocese continues to focus on Vision 2026 -"Healthy Churches transforming Communities" the
overall objective is to exlend outreach to those who presently do not come to Church. We look forward to
discovering how the new Bishop of BlaGkbum plans to take this forward, as ideas take shape for the
Centenary of the Diocese of Blackburn in 2026 and what will follow in years to come.
At a Parish level we have a particular need to encourage lay people to become Church Officers and take
on responsibilities for the running of our Churches.
FINANCIAL MATTERS
Bankers
Nat West Bank, Cleveleys branch.
CCLA Investment Management Ltd (The CBF Church of England Funds)
Independent Examiner
Nicola Mason MHA Moore and Smalley.
The financial statements have been prepared in accordance with the accounting policies set out in the
notes to the accounts and comply with the CharIt￿S goveming document, the Charities Act 2011 and
Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities
preparing their accounts in accordan￿ with the Financial Reporting Standard applicable in the UK and
Republic of Ireland (FRS 102)-
At a time when many Parishes are struggling to make ends meet. we remain in a strong financial position
and have a very great deal to be thankful for. Each year a budget is set for the day to day running of the
church, in 2024 it was anticipated there would be a deficit of £19,500. As at 31.12.24 showed our total
income to be £3,408 less than budget. with the expenditure being £1,124 less than budget. Making the
net deficit of £2,284. This year's accounts shows a deficit of £18.139.
Reserves Policy
It is considered prudent to maintain a general unrestricted reserve in the region of £50,000 representing
running costs for around 3 months. We currently femain in excess of this figure.
A separate Legacy fund, (balan￿ £158.673 at the year-end), is maintained as an unrestricted fund, and
receives any unrestricted legacies that come in. unless other specific instructions are given by the donor.
It is used to fund specific items rather than general expenditure.
Fabric Fund (£26.235 excluding investments) may only be used for the repair and maintenance of the
Church Building or its contents. There is also a Fabric designated Account (£3.151).
Hall Redevelopment Fund, the account has now been closed with £7500 donated to Poulton Community
Hall to assist with roof repairs. The hall now being leased to Poulton-le Fylde Community although we
remain responsible for insuring the building.
Carleton Fund {Total £160,392 comprising fixed assets £150,000 [house] and Deposit Account £10,392)
may only be spent on items pertaining to the Carleton Church Community worshipping at the shared
Church of St Hilda's and St Martin's. 11 has been drawn on in the past and matched with a similar amount
from the Roman Catholic Church for the construction of the new hall at st Hilda's and St Martin's.

Risk Management
It is generally considered that those risks to which the PCC are exposed, and which would impact on either
the satisfactory running of the Church or ils financial position are well managed. Financial controls are in
place with a budget set each year and regular reporting procedures. and a professional independent
examination of the accounts for the year ending 31st December 2024. Reputational risks are difficult to
foresee and would need to be dealt with if they arise. but with the support of the Diocese. Statutory and
legal requirements have been met to the best of our ability but need to be kept under review.
Responsibility of the Trustees
The trustees are responsible for preparing the Trustees, Annual Report and the financial statements in
accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally
Accepted Accounting Practice).
The law applicable to charities in England & Wales requires the trustees to prepare financial statements
for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming
resources and application of resources of the charity for that period. In preparing these financial
statements, the trustees are required to=
Select suitable accounting policies and then apply them consistently-
Observe the methods and principles in the Charities SORP (FRS 102),.
Make judgements and estimates that are reasonable and prudent;
State whether applicable accounting standards have been followed, subject to any material
departures disclosed and explained in the financial staternents.,
Prepare the financial statements on the going COn￿M basis unless it is inappropriate to presume
that the charity will continue in operation.
The trustees are responsible for keeping properaccounting records that disclose with reasonable accuracy
at any time the financial position of the charity and enable them to ensure that the financial statements
comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the
provisions of the trust deed. They are also responsible for safeguarding the assets of the chartty and
hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Signed by order of the members
Chairman

PAROCHIAL CHURCH COUNCIL OF POULTON-LE-FYLDE ST CHAD
STATEMENT OF FINANCIAL ACTIVITIES
For the year ending 31 December 2024
Unrestricted Restricted
Funds
Funds
2024
2024
Total
Funds
2024
Unrestricted Restricted
Funds
Funds
2023
2023
Total
Funds
2023
Note
INCOME & ENDOWMENTS FROM
Donations and Legacies
21al
104.261
351
104.612
140.664
1,710
142.374
Charitable Activities
2(bl
23.679
659
24.338
27.958
1,076
29.034
Other trading activities
21cl
Investments
21d}
17.527
2.748
20.275
10,781
1.390
12,171
Other
2(e}
1.799
1.859
60
1,748
1.808
TOTAL
145.527
5.557
151.084
179.463
5,924
185,387
EXPENDITURE ON
Raising Funds
234
234
112
112
Charitable Activities
31a)
156,962
11,818
168,780
161.194
10,363
171.557
TOTAL EXPENDITURE
157.196
11,818
169.014
161,306
10.363
171,669
Gainslllossesl on revaluation
of investment assets
924
924
330
330
NET INCOMEIIEXPENDITUREI
-11.669
(5,3371
117.0061
18,157
(4.109)
14.048
TRANSFERS BETWEEN FUNDS
15411
396
13961
Gainslllosses} on revaluation
offixed assets
NET MOVEMENT IN FUNDS
Reconciliation of Funds
Total Funds Brought Forward 2024
accounting error from 2023 acc's
111.1281
{5.8781
{17,0061
18,553
14.5051
14,048
. 943.657
358.518 1,302.175
-1.130
925,104
363,023
1.288,127
Totsl funds Carried Forward 2025
932.529
351.510 1.284.039
943,657
358,518
1,302,175
No Endowment funds are held

PAROCHIAL CHURCH COUNCIL OF POULTON-LE-FYLDE ST CHAD
BALANCE SHEET AS AT 31 DECEMBER 2024
2024
2023
Note
FIXED ASSETS
Tangible assets
Investment assets - property
Investment assets - CBFIGOV. Stocks 5lb)
5(a}
947.3
12.572
947,300
11,649
959,872
958,94
CURRENT ASSETS
Debtors & Paym8nts in Advanc8
Short Term Dewsits
Cash at Bank and in hand
7,283
291,541
26.516
8.460
309,874
26.003
325.340
344,337
LIABILITIES
CREDITORS- AMOUNTS FALLING
DUE WITHIN ONE YEAR
(1.176)
(1.110)
NET CURRENT ASSETS
324.164
343.227
Total Assels less current Liabilities
1.284.037
1.302,176
NET ASSETS
1,284.037
1.302,176
THE FUNDS OF THE CHARITY
Unrestricted
Designated
Restricted
929,377
3.151
351,5Cr3
940.685
2.993
358.518
1.284.037
1.302,176
Approved by the Parochial Church Council on
DATE
on its behalf by:
Rev Martin KeiJhley (Chairman) Lynne Brackp)ol {ChurthWarden)
The notes on pages 10- 16 form part of these accounts
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20103BD25- 16..36..

PAROCHIAL CHURCH COUNCIL OF POULTON-LE-FYLDE, ST CHAD
Notes to the Financial Statements
For the year ended 31st December 2024
1 ACCOUNTING POLICIES
The principal accounting policies adopted, judgernenls and key sources of estimalion uncertainty in the preparation
of the financial statements are as follows-
The financial statements have been prepared in accordance with the Church Accounting Regulations 2006, the
Charities Act 2011, together with Accounting and Reporting by Charities.. Statement of Recommended Practice
applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the
UK and Republic of Ireland (FRS 102) issued on 16 July 2014
(Charities SORP {FRS 1021), the Financial
Reporting Standard applicable in the UK and the Republic of Ireland {FRS 102land UK Generally Accepted Practice
as it applies from October 2019.
Parochial Church Council of Poulton-Le-Fylde. St Chad meets the definition of a public benefit entity under FRS 102.
The accounts (financial statements) have been prepared to give a "true and fairf view and have departed from the
Charities (Accounts and Reports) Regulations 2008 only to the extent required lo give a "true and fair" view. This
departure has involved following the Accounting and Reporting by Charities.. Statement of Recommended Practice
applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable the
UK and Republic of Ireland {FRS 102) issued on 16 July 2014 rather than the Accounting and Reporting by Charities:
Statement of Recommended Practice effective from 1 April 2005 which has since been wthdrawn.
The financial statements have been prepared under the historical cost convention except for the valuation of
Investment assets, which are shown at market value. The financial statements include all transactions, assets and
liabilities for which the PCC is responsible in law. They do not include the accounts of Church Groups that owe their
main affiliation to another body. nor those that are informal gatherings of Church members.
Preparation of the accounts on a going concern basis
The trustees assess whether the use of going con￿rn is appropriate. ie whether there are any material uncertainties
relaled lo events or conditions that may cast significant doubt on the ability of the charity lo continue as a going
concern. The trustees make this assessment in respect of a period of at least one year from the date of
aulhorisalion for issue of the accounts and have concluded that the charity has adequate resources to continue in
operational existence for the foreseeable future and there are no material uncertainties about the charity's ability to
continue as a going concern. Thus, they continue to adopt the going concern basis of accounting in preparing the
accounts.
Funds
Unrestricted funds represent the funds of the PCC that are not subject to any restrictions regarding their use and are
available for applications on the general purposes of the PCC. Funds designated for a particular purpose by the
PCC are also unrestricted. Restricted Funds are those funds that may be used only for certain purposes, as
prescribed by the donor of the funds.
Income and Endowments
Donations and Legacies
Collections are recognised when received by or on behalf of the PCC.
Planned giving is recognised only when received_
Income tax recoverable on gift aided donations is apportioned over financial years on the basis of the planned giving
to which it relates.
Grants and legacies to the PCC are accounted for as soon as the PCC is notified of its legal entitlemenl, the amounl
due is quantifiable and its receipt by the PCC is probable.
Charitable Activities
Fees due lo the PCC in respect of Weddings and Funerals are recognized when due. Income froTn Ihe sale of
books is accounted for gross. Income from magazine box in church is now under donations due to the magazine
now being free of charge.
Other Trading Activities
Income from Fund Raising Activities is accounted for gross where it has been possible to do so. However, in
practice it has often only been possible lo record the net amount after expenses have been deducted.
Income from Invesfments
Interest and dividends are accountable for when receivable.

Gains and Losses on investments
Unrealised gains or losses on investments are included based on the change in the markel value year on year.
Expenditure
Grants and.donations are accounted for when paid over. or when awarded, if that award creates a binding obligation
on the PCC.collections taken in Church for specific external charities are not included in the figures but are detailed
in note 10. The Diocesan Parish Share is accounted for when falling due. All other expenditure is generally
recogllized when it is incurred and is accounted for gross.
Fixed Assets
Consecrated Land and Buildings and Movable Church Furnishings
Consecrated and beneficed property is not included in the accounts in accordance with s.10{2llal of the Charities
Act 2011. No value is placed on movable church furnishings held by the Vicar and Churchwardens on special trust
for the PCC and which require a faculty for disposal. Sin￿ the PCC considers this to be inalienable property. They
are listed in the church's inventory which can be inspected by prior arrangement. All expenditure incurred during the
year on consecrated or beneficed buildings and tnovable church furnishings. whether maintenance or improvements,
is written off as expenditure in the SOFA, and separately disclosed_
Other fixtures, fittings and Office Equipment
Individual items of equipment with a purchase price of £5.000 or less are written off when the asset is acquired {i.e.
not depreciated).
Investment Property
The Church Hall was closed on 3151 October 2013 and reopened in 2019. It is now let under Ihe terms of an
Albemarle Scheme to the Poulton-Le-Fylde Community Hall, a registered charity. whose objective is lo repair the
Hall and bring it back to Community use and Ihis was reopened in 2019. Its book value (£147,300) has been left
unchanged after the revaluation in 2021. The valuation of the land occupied by the Tennis Club under a short term
non-renewable lease, which was introduced in to the accounts in 2007 at £650,000 has been left unchanged. The
clergy house at 24 Roylen Avenue, Carlelon has now been let lo private tenanls through Fylde coast Letlings
Limited and a monthly rental incorne in received. The property was revalued in the year ended 31 December 2015
at market value of £150.000. The valuations included in the accounts are considered by the Trustees to represenl a
fair value for the properties_
Investments
Investments are valued at market value on 31st December 2024_ The value of the investments appears in restricted
funds, although the income from some passes through the PCC general account_ (For example. some are held for
the provision of assistant clergy, and it could be held that the income from these goes towards the payment of Parish
Share. which pays for our'clergy).
current Assets
Amounts owing to the PCC at 3151 December in respect of fees: rents. or other income are shown as debtors less
provision for amounts that may prove uncollectible. Short-term deposils include cash held with the Church of
England Deposit Funds operaled by CCLA Investmenl Management Ltd.
Critical accountlng estimates and areas of judgement
Accounting estimates and judgements are continually evaluated and are based on historical experience and other
factors. The main estimates and areas of judgement included in the accounts are those relating lo the valuation of
the investment properties. The policy wilh regards to these is disclosed above. The Trustees consider the valuation
included and whether there is any indication of an impairment of that valuation.
10

Unresfricted Restricted TOTAL
FurKIs
Funtls
2024
Unte5tricted Restri¢t8d TOTAL
Funds
Fvnds
2023
2. InGome and E[￿Owm8nts trom
21al Donations and Legacies
Planned Giviw..
siÈwardship ISl8nding Orders & Annu81 Paymentsl
Siew8rdship {EnVelo￿5}
T8x recvv8rable
Colkclions (Open P&tel at all Services
Don*ions
Legacies
Contrbutlons from Singleton
Grant received from Blackbum Oittesa
54.923
7142
14.005
54.923
7.142
14.005
57.220
6.961
14.125
13.859
14.752
31,750
2.oc
57,220
6.961
14,125
13.904
1.665 16,417
31,750
2,000
105
246
10,684
1.000
2.000
.000
2.000
21bl Charitable Actovlties
Fees
Church Wethino Flowers
Rcnt from Rolen Avenue House. privote rentsl
Sales of Books and Mag8an8$
15.639
15,839
18,￿0
703
8.425
IS,￿0
1.779
8.425
659
1.076
8.040
8,040
21cl Other Trading ActNitiÈs
Fund Raising Events
2 Idl Investrrtents
InlÈrÈston DÈwgits and investments
Rent from Tennis Club
Rent frotn VPCC for Hall
16.C27
1.500
2.748
18.775
1.500
9.281
1,500
1.29) 10,571
1,500
100
100
?lel Other Income
Repayenl of insurancc premium
Other Income
CCTV
1.748
1,748
TOTAL
3. Expendlture on
R81s1Tr9 Funds
Stewardship and Gift Aid stslionery
234
234
234
112
112
3 lal Charitable Aciivitiès
Gr8nts made In furtherance of PCC'S Objectv8s
Church Qiersea5'. Mwjonèry Soc & Dlxesan As5CLiabon5
Church Ov8rseas'.R8liel & Dev8loomen1Agen￿?S
Home fvlissions and othcr Church Sooetks
Secular Charibes
Barchesier Scheme for Church Schods
PoJ51on Le Fylde Community Hall from reserve funds
2.600
500
2.812
1.100
5.X1
2.600
500
2.812
1.1
529".
7.500
2.600
500
2.862
1.120
5.291
2,600
500
2.862
1.120
5.291
IdlnSsiry- Diocesyn Parish Sha
- ClergyAceommodation Costs
lergy Exp8riSa¥
Sl Hilda's expeses
Chur¢h Running Expenses
Church Maintenance
Upkeep ol Services
Oulreach Costs
Printing. Stationery 8nd Posts9e Costs
Educ4bon- Jnr Church". Lt Gang. Conf¢ar￿.
Flower Guild Custs
Major rBpairs and lrnproverncnis. siructure
Repairs replacements and 8ddirM)ns- InG equipment
Church Hall RuThnirt9 ￿51t& And Insurance
Other Property Upkeep IRoylen Avenutrl
Wages and Honoraria- Verqer, ar￿an1315. As5L Treasurer.
82.592
3.745
1.479
200
16.867
2.421
4.174
653
1.929
1.798
970
82,592
3,745
1.479
200
16.867
3.309
4.174
653
1.929
1.798
1.629
83.772
4.102
B3.772
4,102
1.438
100
14.273
6.629
4.976
210
1.527
1.023
14.273
3.059
4.976
210
1.527
1.023
770
3J70
659
l.Q76
1.781
1.781
1_799
1.799
180
25.978
1.748
1.748
170
30.404
170
).404
25.978
Independent Exarninels Fe&
Bank Charges
German link
IT Costs
1.176
1.176
1.110
422
422
2.188
TOTAL EXPENDITURE
Du￿ng the 5e3rthe PCC efflrAo￿d 2 Qrganisls, a Verger. Trèasuref. an Assistrn¢TteasurÈrand a thur¢h Qeaner.
(all part 1Smel bul no payrnènts wwe large enough to atrathsooal security LX)sts.
PAYMENTS TO PCC MÉM8ERS
No expenses wpre reimbursed to PCC member5 fortt*irduties asTn￿ee5
yk.ere wp.-e no related party trans8¢1ions in the year.
11

S FIXED ASSETS
TOTAL
Slal TarEible Fixed Assels
Inveslmenl
Assets
947.3
In Use by
The Church
GROSS 800K VALUE
At l January 2024
Re-classification
Rev3(ualK)n
Al 31 D￿ernber 2024
g47,300
947.300
947 300
DEPRECIATION
' 1 January 2024
R￿lasSifica￿0n
(Jthons
Al 31 December 2024
NET BOOKVALUE
Al 31 Deetmber 2024
Al 31 December 2024
947.300
947.3
947.300
947.300
The Ireeholé land and buildings h￿0 Ès InvestrnentAsse15 compn5e Ihe Church Hall las per revaluation 2021
which is let on a lon9 term ￿8$* lo VPCC. togelherwith
the land adjoining the H811 occupied by 51 Chad s Tennis Club on a sl*)rt i*rm n0n-renÈWab￿ lease as valued
Ift 2007 and the clergy house al 24 Roykn Avenue which is lei by F￿de Coasi Leitings and has Privaie iennEnts
The Trustees are satisfied that the valuabon still reflecl tne f31r value of Ihe Froperbe5.
51bl Investments
CBF InvesLmenl and Fixed Interest Fu￿S- all restricl8d.
12.572
6 ANALYSIS OF NET ASSETS B Y FUND
Vnrestri¢teDesignated Restrlcte(l Endowment
Funds
Funds
Fund5
Funds
Tolal
Fixed Asse15
Current Assets
650.0
280.553
309.872
41.636
959.872
325.340
3.151
Fund &alance
929 377
3.151
351 508
loes￿Trated Funds are also unrestricted)
1284 036
7 DEBTORS & PAYMENTS IN ADVANCE
UnrestrictE ResthctEd
Funds
Funds
7.283
2024
2023
Tax Recoverable
7,283
7283
8,460
8 LIA8ILITIES.. AMOUNTS FALLING Due w￿H1N ONE YEAR
UnrestrictE Restricted
Funds
Fun4Ys
2024
2023
Creditors for Goods and Services
-1 176
-1.176
-1.176
9 FUND DETAILS
The Unreslricled Funds comprise tr.e General Fund. Legacy Fund. the Poult¢n F￿Wer Guild Fur¥J
and a portion of the Fabric fund which is"Design8led" al￿r Ihan restr¢red.
The Restncled Fund5 comprise Ihe General Fund Investmeryts. Ihe Fabr¢ Fun¢i. Church Hall Fund. Hall Redevelwment Fund.
Cadelan Church Fund. and The Floodlight Kloinlenarce Fund
Carlelon Social Fund nas been excluded from the figu￿$ as Ils actiVi*,es are link￿ with Ihe"Joinf counal al Carfelon
The Choir Fund and the Bellringers Fund are not included
Therè are no endowment Funds
10 COLLECTIONS TAKEN IN CHLIRCH FOR SPECIFIC PLIRPOSES AND NOT INCLUDED IN THE ACCOLINTS
Al Harvest ror Ihe Elisnup ot Blad(burn'5 Ffarve51 Appeal
TOTAL
57D
11 MOVEMENT OF RESTRICTED FUNDS
8alance Total
B Tought F* Income
Totsl
Tran5fer5
BalanGB
EXper￿lture and gain5 Carried Fwd
Gen8ra5 Accounl Reslricled Elemenls
Flowei Guild Reslricle4 @emenl
Fabnc Account
Church Hall Fund
Hall Redevelopment ReStr￿le￿ Fund
Carleion Church Fund
FIDodlight Maintenanc2 Fund
4.912
124
5.036
659
2.269
2.017
102
541
98
16591
33.821
149.956
7.595
160.3J2
1.838
BOO
7.697
33.772
150.371
19.2991
17.6971
160.392
1,936
Total
358.514
20,773
8,080
1,507
Thp above incorne f¢gure5 indude unrealised gains on inve5ttnent wh2rt applicable.
The above expenditure figure5 include unrealised b55es on invesknents and depretAation where appI￿2b￿.
12

1 MOVEMENT OF RESTRICTED FUNDS ICONTrNUEDI
Balance Total
Total
Transfers Balance
Brought I Income Expenditure and gain: Carried Fwd
PRIOR YEAR
2023
General Account Reslricted Elernents
Flower Guild Restricted Element
Fabric Account
Church Hall Fund
Hall Redevelopment Restricted Fund
Carlelon Church Fund
Floodlight Maintenance Fund
348
4.912
1,076
2,310
(1,0761
(7.5391
(1.7481 _
39.071
149.856
7.359
160.392
.1.781
(17) 33,825
149,956
7,595
(397) 160,392
1.838
236-
397-
57-
Total
66
358518
13

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PAROCHIAL CHURCH COUNCIL OF POULTON-LE-FYLDE ST CHAD
YEAR ENDED 31 DECEMBER 2024
INDEPENDENT EXAMINERS REPORT TO THE TRUSTEES
I report to the charity trustees on my examination of the accounts of the Charity for the year
ended 31 December 2024 which are set out on pages 7 to 15 appended to this report.
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 2011 ('the Act'}.
I report in respect of my examination of the charity's accounts carried out under section 145 of
the Act and in carrying out my examination I have followed all the applicable Directions given
by the Charity Commission under section 145(5)(b) of the Act.
Independent examiner's Statement
I have completed my examination. I confirm that no material matters have come to my attention
in connection with the examination giving me cause to believe that in any material respect=
Accounting records were not kept in respect of the charity as required by section 130 of
the Act., or
the accounts do not accord with those records., or
the accounts do not comply with the applicable requirements concerning the form and
content of accounts set out in the Charities (Accounts and Reports) Regulations 2008
other than any requirement that the accounts give a 'true and fair view, which is not a
matter considered as part of an independent examination
I have no concerns and have come across no other matters in connection with the examination
to which attention should be drawn in this report in order to enable a proper understanding of
the accounts to be reached.
N(1 (olG
Date: 14 April 2025
Nicola Mason FCA, DChA
MHA
Chartered Accountants
Preston