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← The Parochial Church Council Of The Ecclesiastical Parish Of Brinsworth St Andrew With Catcliffe St Mary, Treeton St Helen And Tinsley St Lawrence

2024-12-31-accounts

The Parochial Church Council of the Ecclesiastical Parish of Brinsworth St Andrew with Catcliffe St Mary, Treeton St Helen and Tinsley St Lawrence (known as The Rivers Team) Charity No. 1131641

Annual Report & Unaudited Accounts For the Year Ended 31 December 2024

The Rivers Team

Contents

Page No.

The Rivers Team PCC report For the year ended 31 December 2024

Aims & Purposes

The Rivers Team PCC (known as the Team Council) has the responsibility of co-operating with the incumbent, in promoting in the ecclesiastical parish, the whole mission of the Church, pastoral, evangelistic, social, and ecumenical.

The PCC is also specifically responsible for the maintenance of the Church Centre at 85 Bonet Lane, Brinsworth and St. Lawrence’s Church Hall, St. Lawrence Road, Tinsley.

Objectives

In promoting in the parish the whole mission of the church, our vision and values are to be a Church that is alive and actively engaging in our communities, where people are coming to faith, growing in discipleship, worshipping Jesus, supporting each other, and serving God through the gifts and power of the Holy Spirit.

When planning our activities for the year the PCC has considered the Charity Commission guidance on public benefit and, in particular, the specific guidance on charities for the advancement of religion.

Activities

This year, as a result of the continued growth of our 10.30am for ‘Worship4All’ congregation at Tinsley, St Lawrence’s Church the Rivers Team was able to plant a new congregation in St. Mary’s church, Catcliffe, which now meets each Sunday at 5pm, meaning we now have two diverse and vibrant Sunday congregations, meeting in different times in different locations, each expressing worship in slightly different styles. The morning Worship4All service, which is also live streamed on our Facebook page, is focussed around families with young children and includes a dedicated groups for children aged 0- 5, and 5-11 in which they learn through teaching, craft, and play. The afternoon Worship4All is less formal and seeks to be more accessible to families with older children, teenagers, and young adults. Both services place a high value on hospitality and welcome, coffee, cakes and fruit are served before and after the morning service and a light tea is served after the evening service.

Our corporate worship is led by a team of musicians and worship leaders overseen by one of our Churchwardens.

In addition, there is a weekly mid-week service on Wednesdays in St. Andrew’s Brinsworth, from 12.30pm to 3.30pm with a lunch followed by a more traditional time of worship. This ministry is lay led and particularly meets needs in the community around elderly isolation and bereavement support, and around 40 people attend regularly.

1

The Rivers Team PCC report For the year ended 31 December 2024

There are also midweek missional activities in St. Andrew’s and St. Mary’s. These are staffed by lay volunteers and include:

As well as our regular services and activities, we enable our community to celebrate and thank God at the milestones of the journey through life. Through baptism we thank God for the gift of life, in marriage public vows are exchanged with God’s blessing and through funeral services friends and family express their grief and give thanks for the life which is now complete in this world and to commend the person into God's keeping. In 2024 across the Rivers Team, we celebrated 13 baptisms and supported families through 29 funeral services and 7 services for the interment of ashes. Funerals and bereavement ministry is led by one of our Lay Readers, who is supported by a small team who assist with bereavement follow up and pastoral care.

The Team employs a Children and Families Worker through the Diocese of Sheffield Centenary Project and has a team of volunteers who deliver our ministry to children. This includes children’s ministry in church every Sunday morning at St Lawrence’s, and our Children and Families Worker also leads the First Steps Group and on ministry in schools, visiting all of the primary schools across the 5 communities, especially, but not exclusively around the major festivals, supporting our schools deliver elements of the National Curriculum for Religious Education in Key Stages 1 and 2. The Team Rector and Curate are Chair and Vice-chair of the Treeton CofE Primary School Local School Board (LSB)

2

The Rivers Team PCC report For the year ended 31 December 2024

The Team has an administrative centre located next to St Andrew’s church, which is staffed by volunteers who handle room hire, enquiries about life events and occasional offices, churchyards, and other administrative tasks. As well as hosting ‘Wednesdays@St.Andrew’s’ and ‘First Steps’, the Centre is used for training and by a variety of community groups and is available for hire by individuals from within our communities for parties and events.

Over the year discipleship, pastoral and safeguarding courses have been run. In July 2024 around 60 people attended The Rivers Team Parish Weekend Away at The Hayes Christian Conference Centre, which explored Ezekiel’s vision of the river of life flowing out from the temple (Eze. 47). We are planning to run another weekend away in 2026.

Pastoral Care

Our Pastoral team is overseen by one of our Churchwardens and covers the pastoral care of our worshiping community, our hospitality and prayer teams, as well as identifying needs and developing pastoral ministry across the Rivers Team. This has included developing links with Rotherham Foodbank, a clothing bank in neighbouring Darnall and the Mental Health charity Kintsugi Hope in order to respond to needs identified within our communities. As part of our safeguarding, the Team have helped to develop guidelines for prayer ministry and filming and photography.

Deanery Synod

Three members of the PCC sit on the deanery synod. This provides the PCC with an important link between the parish and the wider structures of the church. This year the business of the Synod has included reports from General Synod, conversations about the Diocesan strategy refresh, Focal Ministry in the Diocese, Deanery plans and good news stories from the Deanery. The Deanery also had a joint meeting with Laughton Deanery.

Deanery Synod representatives are:

Linda Read Liz Shaw David Vickers

Ecumenical Relationships

The Rivers Team has working relationships with Hope Church Rotherham (Affiliated to Assemblies of God UK) and Living Waters Christian Fellowship, Darnall (Affiliated to The Evangelical Alliance) and are identifying ways in which we can support one another in the mission and ministry of the Church. This includes support for food and clothing banks, training and equipping events and prayer.

Resourcing Church Network

As part of the Rivers Team vision to be a church that blesses beyond its borders, in 2024 The Rivers Team became part of the Diocesan Resourcing Church Network. Resourcing churches are part of the revitalisation strategy of the Diocese and are churches that are prepared to send planting and/or grafting teams to launch new or help revitalise vulnerable existing congregations. The planting of a new congregation in St. Mary’s reestablished a worshipping community in Catcliffe and is our second new congregation, as we seek to establish a vibrant congregation in each of the communities we serve, and to explore fresh opportunities to help the revitalisation in the Rotherham Deanery and beyond.

3

The Rivers Team PCC report For the year ended 31 December 2024

Volunteers

We would like to thank our large team of volunteers who work so hard to make our church the lively and vibrant community it is.

Financial Review

PCC accounts on a Receipts and Payments basis which recognises income and expense incurred for the year ending 31[st] December.

The church has several different types of funds. The main funds are described below. The financial statements have been prepared in accordance with Charity Commission guidance on preparing receipts and payments accounts.

General Fund

The general fund includes the income and expenditure of the day-to-day operations of the church (except for St Lawrence Church Hall and St. Andrew’s Centre).

Overall general fund income decreased slightly in 2024, (2024: £95,328 2023: £96,989) however this was largely due to one-off grants of £6,200 received in 2023. Income from giving, including tax recovered through the Gift Aid scheme increased this year by around 7% (2024: £73,676 2023: £68,889)

Rental income from the house at 18 St Georges Drive, which has been let on a short-term tenancy throughout 2024, produced a net rental income of £4,671 (2023 - £3,256) in the year after taking into account agents fees and other letting costs. Part of the property was transferred at the end of 2021 to the Church Endowment Funds, to release funds for repairs and upgrade works at the property. The restricted funds associated with these endowments now receive a proportion of the net rental income (2024: £964, 2023: £847) and the remaining net income increased the general fund (2024: £3,707, 2023 £2,887)

Expenditure increased by £4,875 (2024: £99,060 2023: £94,815) largely due to increasing our contribution to the Diocesan Common Fund (which funds clergy and parish support across the Diocese of Sheffield) by £6,000 (2024: £54,000 2023: 48,000).

The general fund produced an operating deficit of £3,732 (2023 Surplus £2,804). Net transfers of monies to and from other funds include covering the Centenary fund net costs of £12,588, and the Parish Weekend Away 2024 anticipated deficit of £3,365 (after outstanding pledges and gift aid due). Details of other funds can be found below (and in the notes to the accounts). After transfers the general fund cash reserves now stand at £19,793 (2023 - £29,767) and holds investment property valued at £146,820.

At 31 December 2023 £3,946 of gift aid was due from HMRC but not received until 2025. There are liabilities of £3,823 that are not reflected in expenditure.

Main Restricted, Designated and Endowment Funds

St Lawrence Church Hall - Designated Fund

The income and expenditure in respect of St. Lawrence’s Hall are accounted for separately with any surplus transferred in full to the General Fund.

4

The Rivers Team PCC report For the year ended 31 December 2024

Income from lettings (2024: £6,756 2023: £6,756) remained consistent to the prior year and expenditure decreased slightly (2024: £868 2023: £1,305)

The surplus generated of £5,888 (2023: £5,451) was transferred to the general fund.

St. Andrew’s Centre – Designated Fund

Income totalled £15,255 (2023: £16,509) of which £4,920 was income from the rental of the flat at 85 Bonet Lane (2023: £4,800) and £10,029 from the use of the Centre (2023: £11,709).

Expenditure totalled £12,432 (2023: £11,461) resulting in a surplus of £2,823 (2023: £5,048). This was transferred to the General Fund, with a retained fund balance of £1,500 (2023: £1,500).

Mission Giving (Designated fund) and Specific mission giving (including previous Mission gift day appeals) (Restricted fund)

The PCC aims to give 10% of the money it receives from giving to support various mission partners and will agree the amount to be set aside from 2024 giving at the 1[st] PCC meeting following the 2024 AGM.

£344 has been received in specific gifts for mission and £709 paid to missionary organisations in the year leaving balances of £7,460 (2023: £7,825) of restricted funds and £6,347 (2023: £6,347) in designated funds carried forward.

The PCC reviews its overall commitment to mission giving and the mission partners it supports on an annual basis. All financial information and the financial health of the Church will be considered before such decisions are made.

Other Designated, Restricted, and Endowment Funds

Full details of other funds can be found in the notes to the accounts (pages 12-15).

To streamline its accounting processes, the PCC is seeking to reduce the number of funds it holds. To this effect it has, with the agreement of the DCCs, adopted a policy of reducing the balances of restricted funds by calling on them first for any expenditure which legitimately meets the conditions of the fund. Where possible the PCC may look to amalgamate funds with similar objectives and conditions.

Reserves Policy

The general fund cash reserves as at 31 December 2024 were £19,793 (the general funds after adjusting for liabilities and other monetary assets were £19,916). The PCC have set a formal free reserve target of £16,000 – the target is exceeded at the year end. The PCC will have this target in mind when approving the 2024 Missing Giving tithe to be set aside in a designated fund.

Designated cash reserves at 31 December 2023 were £11,795.

Investment Policy

The PCC has invested its endowment fund in property to generate rental income which is used for the purposes of the relevant restricted funds.

Surplus cash at bank is held in an interest-bearing deposit account.

5

The Rivers Team PCC report For the year ended 31 December 2024

Structure, Governance and Management

In line with the Diocesan Strategy the Rivers Team operates on an oversight model of model of mission and ministry, with responsibility for various ministry areas delegated to focal ministers and ministry teams. The Incumbent is Revd. Philip Barringer (Team Rector) who serves on a House for Duty basis, and shares oversight responsibility with Revd. Deborah Coyne (Team Vicar) and Rev. Edward Short (Self-supporting Curate). There are 3 Churchwardens, each of whom takes responsibility for overseeing a particular aspect of the mission and ministry and leading a core team who minister across the benefice (C. Collier – Pastoral Care, D. Smith (retiring at 2024 AGM) - Worship and Sally Dunkley Fabric. Ministry, services, and missional activities are largely led by lay volunteers.

The Team Council meets bi-monthly to discuss and make decisions on the finances, business, mission, and ministry of the church. In 2024 the business of the Team Council included:

The PCC has drawn up a programme of priority maintenance works required on our buildings, some of which have been committed to for 2025, other reasonably significant works will be planned in accordance with available funds.

Administrative Information

The Rivers Team is part of the Church of England, within the Diocese of Sheffield. We are one parish covering the five communities of Brinsworth, Catcliffe, Treeton, Tinsley and Waverley. The correspondence address is Rivers Team Church Office, 85 Bonet Lane, Brinsworth, Rotherham, S60 5NF.

The PCC is a body corporate (PCC Powers Measure 1956, Church representation Rules 2006) and was registered with the Charity Commission in September 2009, charity number 1131641. (Churches were previously excepted from registration).

The method of appointment of Parochial Church Council members is set out in the Church Representation Rules. The PCC is known as the Team Council and is comprised of up to twelve representatives of the laity elected by the annual parochial church meeting. These twelve elected representatives shall be up to three lay representatives from each community. In addition, ex-officio members include clergy, churchwardens and lay readers licenced to the Parish and the Team Council may co-opt up to two persons. Trustees are elected for a 3-year term.

6

The Rivers Team PCC report For the year ended 31 December 2024

PCC members who have served from 1 January 2024 until the date this report was approved are:

Ex-officio
Revd. Philip Barringer Rector/Incumbent and Chair Revd. Philip Barringer Rector/Incumbent and Chair
Revd. Deborah Coyne Team Vicar Revd. Deborah Coyne Team Vicar
Revd. Edward Short Curate (from July 2024)
Caryl Collier Churchwarden
Richard Edge Churchwarden (retired May 2024)
David Smith Churchwarden
Sally Dunkley Churchwarden
Denise Cryer Reader and Secretary
Denise Teal Reader
Co-opted members
Linda Read (Deanery Synod)
Liz Shaw (Deanery Synod) (from May 2024)
David Vickers (Deanery Synod)
Pam Gregory Treasurer
Elected Members
Sarah Clayton Children and families worker
Jane Cripps
Iris Gahegan
Chris Norton
Mercy Obinna (from May 2024)
Claire Peats
Vimbai Rashai (resigned Feb 2024)
Julie Read
Nicola Short
Caleb Satumba (from May 2024)
Vanessa Sibanda (resigned May 2024)

Principal address Accountants The Rivers Team Church Office Seven Hills Accountants Limited 85 Bonet Lane 57 Burton Street Brinsworth Sheffield Rotherham S6 2HH South Yorkshire S60 5NG

The annual report and financial statements were approved by the PCC on 23 April 2025.

Signed on their behalf by

Rev P Barringer Incumbent and PCC Chairman

7

Independent Examiner’s report to the PCC of The Rivers Team (“the Charity”)

I report to the PCC members on my examination of the accounts of The Rivers Team PCC (the Charity) for the Year Ended 31 December 2024.

Responsibilities and basis of report

As the PCC members of the Charity 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 2011 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:

  1. accounting records were not kept in respect of the Charity as required by section 130 of the Act; or

  2. the accounts do not accord with those records.

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.

29 Apr 2025

Sarah Lightfoot, FCA, DChA Seven Hills Accountants Limited 57 Burton Street Sheffield S6 2HH

8

The Rivers Team

Receipts and payments accounts For the year ended 31 December 2024

Notes
Income from:
Voluntary giving
Planned giving
Service collections
Other donations
Gift aid recovered
Grants
Church activities
Hall rent and room hire
Income from activities and events
Fees relating to weddings and funerals
Investments
Income from rental property
Bank interest
Total income
Expenditure on:
Church activities
Mission giving
Common fund contribution
Salary costs
2
Clergy and staff costs
Church expenses
Worship and services
Mission & Ministry
Activities and events
Fees paid re weddings and funerals
Church running costs
Church and hall utility costs
Church and hall insurance
Church and hall maintenance
Church and hall maintenance - significant costs
Churchyard costs
IT and office equipment
Self employed costs
Other running costs
Governance costs
Independent examination fee
Rental property costs
Total expenditure
Net income/(expenditure)
Transfer of funds
7
Net movement in funds
Total funds brought forward
Total funds carried forward		 General
fund
£
48,071
9,368
1,488
14,749
-
73,676
225
967
14,009
15,201
6,386
65
6,451
95,328
-
54,000
-
3,941
5,152
2,326
-
3,793
7,684
9,114
2,789
324
2,255
399
-
2,907
1,698
2,678
99,060
(3,732)
(6,242)
(9,974)
29,767
19,793		 Designated
funds
£
-
-
210
-
-
210
10,338
6,447
1,119
17,904
4,920
96
5,016
23,130
-
-
-
-
-
-
-
-
4,374
2,110
642
-
-
-
4,016
458
-
1,700
13,300
9,830
(8,711)
1,119
10,676
11,795		 Restricted
funds
£
1,035
847
4,182
657
1,635
8,356
-
-
-
-
964
34
998
9,354
1,492
-
12,623
470
115
1,180
7,819
-
-
-
-
-
-
329
-
285
-
-
24,313
(14,959)
14,953
(6)
56,666
56,660		 Endowment
funds
£
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-		 Total
2024
£
49,106
10,215
5,880
15,406
1,635
82,242
10,563
7,414
15,128
33,105
12,270
195
12,465
127,812
1,492
54,000
12,623
4,411
5,267
3,506
7,819
3,793
12,058
11,224
3,431
324
2,255
728
4,016
3,650
1,698
4,378
136,673
(8,861)
-
(8,861)
97,109
88,248		 Total
2023
£
46,545
9,502
6,891
15,498
8,350
86,786
10,487
7,901
15,030
33,418
11,790
170
11,960
132,164
1,256
48,000
8,905
1,466
5,535
2,286
10,009
6,322
11,556
10,946
5,684
1,772
2,360
518
3,714
6,365
300
3,694
130,688
1,476
-
1,476
95,633
97,109

9

The Rivers Team Statement of assets and liabilities As at 31 December 2024

General Designated Restricted Endowment Total Total
fund funds funds funds 2024 2023
Notes £ £ £ £ £ £
Cash funds
Balance at bank and cash 19,793 11,795 56,660 - 88,248 97,109
Other monetary assets
Gift aid receivable 3,946 - 924 - 4,870 3,914
Pledged donation re 2024 weekend away - - 500 - 500 -
Deposit paid re 2024 weekend away - - - - - 2,080
3,946 - 1,424 - 5,370 5,994
Investments assets
Investment property 146,820 - - 38,180 185,000 185,000
146,820 - - 38,180 185,000 185,000
This property is held to generate rental income. It is held by the general and endowment funds. It was revalued as at the end of 2022 to reflect major This property is held to generate rental income. It is held by the general and endowment funds. It was revalued as at the end of 2022 to reflect major This property is held to generate rental income. It is held by the general and endowment funds. It was revalued as at the end of 2022 to reflect major This property is held to generate rental income. It is held by the general and endowment funds. It was revalued as at the end of 2022 to reflect major
work done during that year and the change in market value. work done during that year and the change in market value.
Assets retained for the charity's own use
St L: Church Hall - 114,000 - - 114,000 114,000
St A: Centre and flat - 125,000 - - 125,000 125,000
- 239,000 - - 239,000 239,000

This property is held to generate rental income. It is held by the general and endowment funds. It was revalued as at the end of 2022 to reflect major work done during that year and the change in market value.

St Lawrence Church Hall is used for church activities. It was valued as at 31 December 2004 and is included in the accounts on this basis.

St Andrew's Centre and flat is a mixed use property - it is used for church activities but also includes a rental property which generates income. It was valued as at 31 December 2004 and is included in the accounts on this basis.

Liabilities
Accruals
Independent examination fee re 2022 -
-
-
-
-
824
Independent examination fee re 2023 -
-
-
-
-
864
Independent examination fee re 2024 897
-
-
-
897
-
Fees payable re weddings and funerals 2,926
-
-
-
2,926
1,748
Clergy and staff costs -
-
-
-
-
1,582
Salary costs - Centenary fund -
-
-
-
-
3,076
Other running costs - St Andrews -
317
-
-
317
-
3,823
317
-
-
4,140
8,094

The financial statements were approved by the PCC on 23 April 2025.

Signed on their behalf by:

Rev P Barringer Incumbent and PCC Chairman

10

The Rivers Team Notes to the financial statements For the year ended 31 December 2024

1 Accounting Policies

a General

The account are prepared in line with the Charity Commission guidance on "Receipts and payments" accounts and the Church Accounting Regulations 2016.

Receipts and payments accounts are statements that summarise the movement of cash into and out of the organisation during the financial year. In this context "cash" includes cash equivalents, for example, bank accounts where cash can be readily withdrawn to pay for debts as they become due.

b Fund accounting

Unrestricted income funds comprise those funds which the PCC are free to use for any purpose in furtherance of the charitable objects. Unrestricted funds include designated funds where the trustees, at their discretion, have created a fund for a specific purpose.

Restricted funds are to be used for specific purposes as laid down by the donor.

Endowment funds have arisen as a result of gifts (originally of shares) made to the PCC, where it was primarly expected that the capital would be held to generate income, but could be spent if the trustees so determine. Details of these funds are given in note 6.

The accounts include all transactions, assets and liabilities for which the PCC can be held responsible in law. They do not include the accounts for other church groups that owe their affiliation to another body, nor those that are informal gatherings of Church members.

PCC members were not paid and did not receive any other benefits in their capacity as PCC members in the year (2023: £nil) neither were they reimbursed expenses in their capacity as PCC members during the year (2023: £nil).

The key management personnel of the charity comprise the PCC members, which include the clergy and the Centenary Project worker. A common fund contribution of £54,000 was paid to the Diocese of Sheffield towards clergy remuneration (2023: £48,000). The Diocese was paid £12,623 towards the Centenary worker salary position, with £000 payable at the year end (2023: £8,905 paid in the year, with £3,076 payable at the year end). Other clergy expenses (including housing costs) and centenary worker expenses paid in the year were £4,411 (2023: £1,466).

3 Related party transactions

PCC members and (and families) donated in the region of £25,329 before Gift Aid without conditions and at least £2,330 before gift aid towards the Parish Weekend Away. (Where a PCC member has only served for part of the year, donations are included for the whole of the financial year.)

Other related party transactions during the year were:

The church has trustees in common with the following charities, which are not deemed to be under the PCC control and are not included within these accounts:

11

The Rivers Team

Notes to the financial statements - continued For the year ended 31 December 2024

4 Designated funds

St L: Hall activity
St A: Centre activity
Mission Giving
St M: Churchyard restoration		 Balance at
1-Jan-24
£
-
1,500
6,347
2,829
10,676		 Income
£
6,756
15,255
-
1,119
23,130		 Expenditure
£
(868)
(12,432)
-
-
(13,300)		 Transfers
£
(5,888)
(2,823)
-
-
(8,711)		 Balance at
31-Dec-24
£
-
1,500
6,347
3,948
11,795

St L: Hall activity

The income and expenditure in respect of St. Lawrence’s Hall are accounted for separately with any surplus transferred in full to the General Fund. The surplus during the year is contributed to the general fund.

St A: Centre activity

All income and expenditure in respect of St Andrew's Centre are accounted for separately with any surplus transferred to the General Fund, leaving £1,500 in this fund.

Mission Giving

The PCC is committed to give 10% (a tithe) of the money it receives from giving to support various mission partners. £6,347 was set aside based on 2022 giving. No amounts have yet been set aside for 2023 or 2024.

St M: Churchyard restoration

This fund is for the expansion, development and improvement of the Churchyard at St. Mary’s, Catcliffe. Whilst the original work was done some time ago, the fund still receives related funeral fee income so that when there is sufficient money the PCC will look to get the paths upgraded, possibly introduce some bases for memorial benches, tree works, repairs to walls and any other major maintenance works.

5 Restricted funds

Centenary fund
St H: Restoration fund
Parish Weekend fund 2023
Parish Weekend fund 2024
Supporting communities grant
Small Sparks
Specific mission giving
Macedonia fund
St H: MR&H Atkinson Trust
St H: Belfield Fund
St L: Education fund
St L: fabric fund
St L: poor fund
St L: Eric Bower fund		 Balance at
1-Jan-24
£
307
45,423
(75)
(2,080)
564
-
7,825
1,029
-
-
1,361
485
1,643
184
56,666		 Income
£
999
-
75
5,013
-
1,635
344
290
230
249
138
182
199
-
9,354		 Expenditure
£
(13,894)
-
-
(7,623)
(258)
(1,046)
(709)
-
-
-
-
-
(783)
-
(24,313)		 Transfers
£
12,588
479
-
3,365
-
-
-
(333)
(230)
(249)
(334)
-
(333)
-
14,953		 Balance at
31-Dec-24
£
-
45,902
-
(1,325)
306
589
7,460
986
-
-
1,165
667
726
184
56,660

Centenary fund

The Centenary project is a Diocesan initiative for the deployment of Youth and Childrens and Families workers to churches in the Diocese of Sheffield. We currently have a part time Childrens and Families worker via the Centenary Project. The costs allocated to the restricted fund were limited to available funds - the rest of the costs were incurred by the general fund.

St H: Restoration fund

For repairs to the fabric of St Helen’s Church, Treeton - either interior or exterior. This fund received the property income of the St Helen's endowment funds (see below).

Parish Weekend fund 2023

Monies given towards the costs of Team parish weekends. £75 was received in 2024 re gift aid claimed.

12

The Rivers Team Notes to the financial statements - continued For the year ended 31 December 2024

5 Restricted funds - continued

Parish Weekend fund 2024

Monies given towards the costs of Team parish weekends. The deposit for 2024 had been paid giving a negative fund balance at the start of the year. £1,000 was contributed from the Macedonia Fund, Education fund and Poor fund. Not all gift aid claimable has been made in the year. The estimated deficit (after final gifts and gift aid claimed of £1,325) of £2,365 has been transferred from the general fund.

Supporting communities grant

A £5,000 grant from Rotherham Council (via Voluntary Action Rotherham) to assist in the recovery from the pandemic. Costs covered include computer equipment upgrade and 2 years of internet provision. The grant continues to cover internet provision.

Small Sparks

A Dioces grant towards St Mary's youth space and establishing a new congregation.

Specific mission giving

Monies raised from 2020 and 2021 gift days, with a contribution from the PCC (a tithe).

Macedonia fund

This fund is to provide financial assistance to any member of the Rivers Team congregations who finds themselves in financial difficulty and unable to meet an immediate essential bill or cost.

The below 5 funds are connected to endowment funds - the net income generated from endowment investments can be used for the following purposes:

St H: MR&H Atkinson Trust for the maintenance of the general fabric St Helen's St H: Belfield Fund for the upkeep and renewal of the church bells, and bell tower of St Helen's Church, Treeton St L: Education fund for the resourcing of Christian teaching and education St L: fabric fund for maintaining the fabric of St. Lawrence Church St L: poor fund to provide assistance for those in Tinsley in Financial hardship

St L: Eric Bower fund to maintain a certain grave & provide flowers in church

6 Endowment funds

St H: MR&H Atkinson Trust
St H: Belfield Fund
St L: Education fund
St L: fabric fund
St L: poor fund		 Balance at
1-Jan-24
£
-
-
-
-
-
-		 Income
£
-
-
-
-
-
-		 Expenditure
£
-
-
-
-
-
-		 Transfer
£
-
-
-
-
-
-		 Balance at
31-Dec-24
£
-
-
-
-
-
-

The endowment funds exist primarily as the result of shares left in wills to generate income for specific purposes. The use of the income of each endowment is listed in the previous note.

During 2021 the shares were sold to enable upgrades to the investment property (which took place during 2022) - each endowment fund now holds a fixed percentage of the value of the property.

Improvement work to the property purchased was done in 2022, resulting in negative cash fund balances. The general fund will now absorb any significant costs relating to the property - the endowment funds are deemed to hold the capital value of the original purchase and 2022 improvement costs only.

13

The Rivers Team Notes to the financial statements - continued For the year ended 31 December 2024

7 Transfers

Designated funds:
St L: Hall activity
Surplus in year
St A: Centre activity
Surplus in year
Restricted funds:
St H: Restoration fund
Transfer restricted endowment income
St H: MR&H Atkinson Trust
as above
St H: Belfield Fund
as above
Centenary fund
Deficit funded by the general fund
Macedonia fund
Contribution to Parish weekend away 2024
St L: Education fund
Contribution to Parish weekend away 2024
St L: poor fund
Contribution to Parish weekend away 2024
Parish Weekend fund 2024
as above
Parish Weekend fund 2024
Deficit funded by the general fund
Total transfer to/(from) the general fund		 Transfers to/(from) the general fund
£
£
£
5,888
2,823
8,711
479
(230)
(249)
-
(12,588)
(333)
(334)
(333)
1,000
(2,365)
(14,953)
(6,242)

14