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← The Parochial Church Council Of The Ecclesiastical Parish Of Overbury With Teddington, Alstone & Little Washbourne With Beckford & Ashton Under Hill

2024-12-31-accounts

THE ECCLESIASTICAL PARISH OF ST JOHN THE BAPTIST BECKFORD, ST BARBARA’S ASHTON UNDER HILL, ST FAITH’S OVERBURY WITH ST NICHOLAS TEDDINGTON, ST MARGARET’S ALSTONE WITH LITTLE WASBOURNE. Known as THE BECKFORD GROUP P C C

STATEMENT OF FINANCIAL ACTIVITIES

**FOR THE YEAR ENDED 31st ** DECEMBER 2024 DECEMBER 2024
Notes Unrestricted Restricte Designated Total Total
Funds d Funds Funds 2024 2023
INCOMING RESOURCES
Voluntary income 2 5,021 51,195 56,216 73,230
Activities for generating 2 28,907 28,907 11,647
funds
Investment income 2 13,111 1,013 14,124 8,707
Other incoming 2 15,555 18,358 33,913 27,428
resources
TOTAL INCOMING 20,576 111,571 1,013 133,160 121,011
RESOURSES
RESOUCES EXPENDED
Parish Share 28,563 28,563 28,900
Church running expenses 3 12,233 42,396 54,629 47,187
Charitable activities 3 7,643 7,643 8,825
Other resources 3 4,797 6,563 11,360 19,415
expended
TOTAL RESOURCES 17,030 85,165 102,195 104,326
EXPENDED
NET 3,546 26,404 1,013 30,965 16,685
INCOMING/(OUTGOING)
RESOURCES BEFORE
TRANSFERS
TRANSFERS BETWEEN 8 (4,150) (4,150) 0
FUNDS
NET MOVEMENT IN 3,546 22,256 1,013 26,815 16,685
FUNDS
FUNDS BROUGHT 48,653 247,507 10,228 306,388 287,518
FORWARD
TOTAL FUNDS CARRIED 52,199 269,763 11,241 333,203 304,203
FORWARD

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THE ECCLESIASTICAL PARISH OF ST JOHN THE BAPTIST BECKFORD, ST BARBARA’S ASHTON UNDER HILL, ST FAITH’S OVERBURY WITH ST NICHOLAS TEDDINGTON, ST MARGARET’S ALSTONE WITH LITTLE WASBOURNE. Known as THE BECKFORD GROUP P C C

BALANCE SHEET

FOR THE YEAR ENDED 31[st] DECEMBER 2024

Notes
FIXED ASSETS
Tangible assets
6
Investments
7
TOTAL FIXED
ASSETS
CURRENT ASSETS
Debtors and
Prepayments
Cash on Deposit
Cash at Bank and in
Hand
Total Current
Assets
Creditors (less than
one year)
9
TOTAL NET
CURRENT ASSETS
NET ASSETS
UNRESTRICTED
FUNDS
RESTRICTED
FUNDS
DESIGNATED
FUNDS
TOTAL FUNDS		 Unrestricte
d Funds
Restricted
Funds
Designated
Funds
Total
2024
Total
2023
163,957
163,957
102,953
163,957
163,957
102,953
200
200
3,303
66,894
11,241
78,135
138,920
82,224
40,357
122,581
103,144
82,224
107,451
11,241
200,916
245,367
(30,025)
(1,645)
(31,670)
(44,116)
52,199
105,806
11,241
169,246
201,251
52,199
269,763
11,241
333,203
304,203
52,199
52,199
29,801
269,763
269,763
259,283
11,241
11,241
15,119
52,199
269,763
11,241
333,203
304,203

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THE ECCLESIASTICAL PARISH OF ST JOHN THE BAPTIST BECKFORD, ST BARBARA’S ASHTON UNDER HILL, ST FAITH’S OVERBURY WITH ST NICHOLAS TEDDINGTON, ST MARGARET’S ALSTONE WITH LITTLE WASBOURNE. Known as THE BECKFORD GROUP P C C

NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31[st] DECEMBER 2024

1. BASIS OF ACCOUNTING

The accounts have been prepared on the basis of historic cost in accordance with:

Accounting and reporting by charities – statement of recommended practice (SORP 3005) and with the Charities Act.

There have been no change to the accounting policies since last year.

No changes have been made to accounts of previous years.

2. ANALYSIS OF INCOMING RESOURCES

Voluntary Income
Planned giving, gift aid & tax refunds
Church Collections
Donations
Church Fees
Activities for generating funds
Special fund-raising
Investment Income
Dividends and interest
Other incoming resources
Magazine
Other income
Grants
Rent of St Nicholas Cottage		 2024
2023
31,593
33,911
5,069
8,232
14,366
22,551
5,188
8,536
56,216
73,230
2024
2023
28,907
11,647
2024
2023
14,124
8,707
2024
2023
9,441
0
11,282
11,988
3,650
900
9,540
9,540
33,913
22,428

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THE ECCLESIASTICAL PARISH OF ST JOHN THE BAPTIST BECKFORD, ST BARBARA’S ASHTON UNDER HILL, ST FAITH’S OVERBURY WITH ST NICHOLAS TEDDINGTON, ST MARGARET’S ALSTONE WITH LITTLE WASBOURNE. Known as THE BECKFORD GROUP P C C

3. ANALYSIS OF RESOURCES EXPENDED

Church running expenses

Heating and lighting and insurance
Upkeep of services
Churchyard expenses
Repairs and maintenance		 2024
2023
17,907
24,105
14,537
3,920
2,031
2,006
20,154
17,156
54,629
47,187

Charitable activities

haritable activities
Donations to charities
Fund-raising expenses
ther expenses
Parish ofice costs
St Nicholas Cottage expenses
Other expenses
Depreciation of assets		 2024
2023
3,275
5,038
4,368
3,786
7,643
8,825
2024
2023
0
3,928
1,625
1,961
9,735
13,527
0
0
11,360
19,415

Other expenses

  1. No expenses were paid to any Trustee in the year

  2. There are no paid employees

  3. There are no longer any Tangible Fixed Assets

7. INVESTMENTS

CBF Investment Funds

CBF Investment Funds
Ashton
Beckford
Overbury
Chapelries
TOTAL		 2024
2023
17,500
17,500
80,702
16,750
32,804
32,804
32,951
35,899
163,957
102,953

Investment funds are held as above by the individual Churches

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THE ECCLESIASTICAL PARISH OF ST JOHN THE BAPTIST BECKFORD, ST BARBARA’S ASHTON UNDER HILL, ST FAITH’S OVERBURY WITH ST NICHOLAS TEDDINGTON, ST MARGARET’S ALSTONE WITH LITTLE WASBOURNE. Known as THE BECKFORD GROUP P C C

8. TRANSFER BETWEEN FUNDS

To pay for common expenses of the groups churches.

9. CREDITORS

The balance sheet shows an adjustment in the BPCC General Fund (30,025) relating to fees owing for Parish Share and fees due for weddings and funerals, now paid.

10. ADDITIONAL INFORMATION

There are five churches in the “group” of parishes:

St John the Baptist – Beckford St Barbara’s – Ashton under Hill St Faith’s – Overbury St Margaret’s – Alstone St Nicholas, Teddington

These churches keep separate accounts which are consolidated into these “group accounts”.

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THE ECCLESIASTICAL PARISH OF ST JOHN THE BAPTIST BECKFORD, ST BARBARA’S ASHTON UNDER HILL, ST FAITH’S OVERBURY WITH ST NICHOLAS TEDDINGTON, ST MARGARET’S ALSTONE WITH LITTLE WASBOURNE. Known as THE BECKFORD GROUP P C C

TREASURER’S ANNUAL FINANCIAL REPORT FOR THE YEAR ENDED 2024

Review of the year

Total income has increased by £12,149 however there was a fall in voluntary income of £17,014. It is hoped that registering with the Parish Giving Scheme will boost planned giving and one off donations. The overall increase was due to other income streams (£17K from fundraising, £5.4K from investments and £11.5K from other income). The decrease in voluntary income is worrying and we need to look to ways of increasing these contributions.

Expenditure has fallen slightly by £2,131. Whilst there has been a reduction in heat, light and insurance (£6.2K) repairs and maintenance have increased (£3K). Maintenance charges for the coming year are likely to be significant with three churches undergoing quinquennial inspections.

Overall we have seen a positive net movement in funds of £26,815.

The year has been dominated by issues with Lloyds Bank, our frustrations are now in the hands of the Financial Ombudsman. Inability to access funds in Lloyds Bank has resulted in late payment of liabilities. The PCC is in the process of changing to CAF Bank.

Investments and Reserves policy

Investment fund balances used within the accounts are as per those reported by the individual Treasurers of the respective Churches. The investment policy is to hold our reserves in the form of cash deposits with CBF and with their various investment funds. They are held to meet costs in connection with further maintenance which will be required to keep our churches in an acceptable condition.

St Nicholas Cottage

The cottage has continued to be rented and this rent will be used in the first instance to replenish our depleted reserves. Rental income has remained consistence and is the same as last Year.

NOTE

This is my first year as Treasurer, having taken over from Sharon Denson in April 2024. I would like to express my thanks to Sharon for the smooth hand over and recent assistance in transferring funds from the Lloyds account currently subject to investigation by the Financial Ombudsman.

Helen Wilkes 27 April 2025 Beckford Group Treasurer

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