THE PAROCHIAL CHURCH COUNCIL
OF THE ECCLESIASTICAL PARISH
OF ST MARY THE VIRGIN, ST AIDAN
AND ST NATHANAEL WALTON-ON-
THE-HILL LIVERPOOL
FINANCIAL STATEMENTS FOR THE YEAR
ENDED 31ST DECEMBER 2024
Charity Registration No. 1131787

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARY
THE VIRGIN, ST AIDAN AND ST NATHANAEL WALTON-ON-THE-HILL LIVERPOOL
CONTENTS
Page
Trustees, Annual Report
Independent Examiner's Report
Statement of Financial Activities
Balance Sheet
Notes to the Financial Statements

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARY
THE VIRGIN, ST AIDAN AND ST NATHANAEL WALTON-ON-THE-HILL LIVERPOOL
TRUSTEES, ANNUAL REPORT FOR THE YEAR ENDED 31ST DECEMBER 2024
The trustees are pleased to present their annual report for the year ended 31st December 2024.
The financial statements have been prepared in accordance with the charity's trust deed, 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 published (FRS 102) effective
1st January 2019.
OBJECTIVES AND ACTIVITIES
The Parochial Church Council of the Ecclesiastical Parish of St Mary the Virgin, St Aidan and St
Nathanael Walton-on-the-Hill, Liverpool (Walton PCC) has a mission statement to proclaim the
Gospel of our Lord Jesus Christ according to the doctrines and practices of the Church of
England, both through the word and our deeds, to love the Lord our God and to love his
children, our neighbours and love each other in our fellowship.
In order to do this our objectives, remain for us to provide the following public benefits:
To Love the Lord our God and be open to Him through
Regular public worship open to all
The provision of sacred space for personal prayer and contemplation and helping people
who have asked for assistance with prayer.
To review our services in order to enhance the beauty of our worship and make our
occasional offices more accessible to those with no experience of church.
To love our neighbours and be open to them
Public benefit
When planning our activities for the Walton PCC we have considered the Charities
Commission's guidance on Public Benefit, in particular, the specific guidance related to
charities concerned with the advancement of religion.
ACHIEVEMENTS AND PERFORMANCE
Walton PCC report for December 2024 was optimistic, we had recruited a new Team Rector
Revd L Davidson and a new Team Vicar Revd S Jarvis, this was real progress after the trials
and tribulations of the previous year when nothing seemed to have happened other than
meetings and more meetings! Walton Team Ministry (wfm) and St Luke's were working
together well even though the necessary documents to make the merger legal have not yet
been signed, all the other background work had been done.
Walton Deanery has joined with Liverpool North Deanery, this move is working well, and people
are getting to know each other. recently members of the PCCS in the Deanery were invited to
attend a meeting about Fit for Mission. This is a Diocesan project which does have benefits
especially for churches working alone without support. Here in Walton, we are already doing
quite a lot of the things that are included in Fit for Mission, and we will be inviting people from
the Fit for Mission team to our next PCC for a question-and-answer session.
Not all things are running smoothly, after Christmas Revd S Janiis resigned from his post as
Team Vicar, as I was not involved in this and do not know the reason for his resignation, I
cannot comment any further. Once again, due to the prolonged sickness absence of the Team
Rector, we are relying on the support of our wonderful, retired Clergy, plus extra support
arranged by the Archdeacon and Area Dean. We have been advised that we could hold a pre-
section meeting to prepare for the appointment of a Team Vicar but, members of the PCC felt it
would be premature to do this without the input of the Team Rector.

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARY
THE VIRGIN, ST AIDAN AND ST NATHANAEL WALTON-ON-THE-HILL LIVERPOOL
TRUSTEES, ANNUAL REPORT FOR THE YEAR ENDED 31ST DECEMBER 2024
FINANCIAL REVIEW
Total income in the year was £123,521 (2023: £117,781) of which £3,708 (2023: £9,103),
related to funding for projects upon which restrictions are placed.
Total expenditure in the year was £145,930 (2023: £149,235), leaving a deficit for the year of
£22,409 (2023." deficit £31,454) before gains on investment assets and revaluation of fixed
assets.
At 31st December 2024 the charity's reserves stood at £628,842 {2023. £650,316) of which
£36,883 (2023: £38,542) represented restricted funds.
Risk Management
The main risks, to which the charity is exposed. as identified by the Trustees, have been
considered and systems have been established to mitigate those risks.
We became very well versed in public health risk assessments and were able to eventually get
to grips with the financial situation once we could access online banking. The short-term
financial risk was helped by funds from the local Deanery and Diocese
As we have better financial understanding in pla￿, we are in a much better place to
understand any financial risk and therefore mitigate this going forward.
Reserves Policy
It is the policy of the charity to maintain unrestricted funds. which are free reserves at a level to
cover four months, running costs should no further funding be received.
As at the end of the financial year the unrestricted funds totalled £591 ,959 of which £546,981 is
represented by tangible assets and investments, leaving free reserves of £44,978. The charity
requires £46,709 for four months, running costs.
Plans for Future
The Team plus St Luke's has plans for their future not only as individual churches but together,
working with the schools, JMI and Secondary. local charity groups who use our halls and other
facilities. St Luke's is working with Everton Football Club about possible legacy projects now
the men's team has left although the women's team are remaining. In wrrm each church is
looking at how they can spread the Good News of the Gospel to more and more people,
working within a larger Deanery is helping us with this. and St Luke's remain deeply
embedded in their communities and are places people turn to when things are difficult, we are a
bit like the AA (other motoring organisations are available) people don't pay a lot of attention to
them but, at certain times in life churches and clergy are there.
STRUCTURE, GOVERNANCE AND MANAGEMENT
The Parochial Church Council of the Ecclesiastical Parish of St Mary the Virgin, St Aidan, and
St Nathanael Walton-on-the-Hill, Liverpool is a registered charity" number 1131787 formed in
23rd September 2009 and is governed by Parochial Church Council Powers measure {1956) as
amended and Church Representation Rules
A council was set up in 1983 between St. Mary and St Aidan, which had formerly been the
daughter church. St Nathanael joined the council in 1990 and shortly after St Aidan became a
parish church in its own right. Each church has a District Church Council, and the Parochial
Church Council is composed of eight members from each church.

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARY
THE VIRGIN, ST AIDAN AND ST NATHANAEL WALTON-ON-THE-HILL LIVERPOOL
TRUSTEES, ANNUAL REPORT FOR THE YEAR ENDED 31ST DECEMBER 2024
The appointment of Parochial Church Council PCC members is governed by and set out in the
Church Representation Rules.
The PCC consists of representatives from St Mary's, St Nathanael's and St Aidan's churches
situated in Walton. One third of the ordinary membership stands down from the PCC each year.
Election of new members is by secret vote.
Members of the PCC are also members of committees. These committees discuss items in
detail and put forward recommendations to the PCC who ultimately make the decisions. Other
committees are formed on an ad hoc basis as and when required.
The three churches have historically been run on a day-to-day basis by a District Council acting
as local committees which then report to the PCC.
They each have an electoral role of members and manage their own finances under the
oversight of the PCC. Four meetings are held each year.
REFERENCE AND ADMINISTRATIVE DETAILS
Name
The Parochial Church Council of the Ecclesiastical Parish of St
Mary the Virgin, St Aidan and St Nathanael Walton-on-the-Hill,
Liverpool
1131787
Charity Number
Address & Office
Walton Team Ministry
Parish Office The Cornerstone
2 Liston Street
Walton
Liverpool
L4 5RW
Trustees
During the year members of the Board of Trustees were as shown
on the next page..
A Banks
J Cadden
D A Clague
J Cunningham
L Hughes
J Hynes
V Jones
W F Jones
R Lacey
G Liderth
G Connor-mccreith
K Miller
B Nettleton
J Neville
J A Owens
D Parsons
D Regan
R Robinson
J Stein
Trustees

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARY
THE VIRGIN, ST AIDAN AND ST NATHANAEL WALTON-ON-THE-HILL LIVERPOOL
TRUSTEES, ANNUAL REPORT FOR THE YEAR ENDED 31ST DECEMBER 2024
Independent Examiner Ying Huang ACCA
clo LCVS
151 Dale Street.
Liverpool,
L2 2AH
Bankers
TSB
PO Box 373
Leeds
LS14 9GQ
Signed on behalf of the Trustees
J stein Trustee
Date: .

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF THE PAROCHIAL
CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARY THE VIRGIN, ST
AIDAN AND ST NATHANAEL WALTON-ON-THE-HILL LIVERPOOL
I report on the accounts of the charity for the year ended 31 sl
December 2024 which are set out on pages 6 to 17.
Res
ective
res
onsibilities of
trustees and examiner
The charity's trustees are responsible for the preparation of the
accounts. The charity's trustees consider that an audit is not
required for this year under section 144 of the Charities Act 2011
(the Charities Act) and that an independent examination is
needed.
It is my responsibility to:
examine the accounts under section 145 of the Charities Act,
to follow the procedures laid down in the general Directions
given by the Charity Commission (under section 145(5)(b) of
the Charities Act, and
to state whether particular matters have come to my attention.
Basis of inde
endent
examinerfs statement
My examination was carried out in accordan￿ with general
Directions given by the Charity Commission. An examination
includes a review of the accounting records kept by the charity and
a comparison of the accounts presented with those records. It
also includes consideration of any unusual items or disclosures in
the accounts, and seeking explanations from the trustees
concerning any such matters. The procedures undertaken do not
provide all the evidence that would be required in an audit, and
consequently no opinion is given as to whether the accounts
present a 'true and fair, view and the report is limited to those
matters set out in the statement below.
Inde
endent examinerfs
statement
In connection with my examination, no matter has come to my
attention:
(1) which gives me reasonable cause to believe that in any
material respect the requirements..
to keep accounting records in accordance with section
130 of the Charities Act.
to prepare accounts which accord with the accounting
records and comply with the accounting requirements of
the Charities Act
have not been met; or
(2) to which, in my opinion, attention should be drawn in order to
enable a proper understanding of the accounts to be reached.
Ying Huang
Relevant professional qualification or body: ACCA
Address: clo LCVS 151 Dale Street, L2 2AH
Dated:

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARY
THE VIRGIN, ST AIDAN AND ST NATHANAEL WALTON-ON-THE-HILL LIVERPOOL
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST DECEMBER 2024
Notes Unrestricted Restricted
Funds
Funds
2024
2024
Total
Funds
2024
Total
Funds
2023
Income and endowments
from:
Donations and legacies
Charitable activities
Other trading activities
Investments
2a
2b
55,502
30,191
31,953
2.167
55.502
33.191
31,953
2,875
33,359
52,654
29,257
2,511
3,000
2d
708
Total income
119.813
3,708
123,521
117,781
Expenditure on:
Raising funds
Charitable activities
1,510
138.618
1,510
144,420
1,962
147,273
5,802
Total expenditure
140,128
5,802
145,930
149,235
Net (expenditure)lincome
(20,315)
(2,094)
(22,409) (31,454)
Gain on investment assets
(Loss) on investment assets
500
435
935
3,563
(165)
Net movement in funds
(19,815)
(1,659)
(21.474) (28,056)
Total funds brought forward
9,10
611,774
38,542
650,316 678,372
Total funds carried forward 8 -10
591,959
36,883
628,842 650,316
The notes on pages 8 to 17 form part of these accounts.
All the above amounts relate to continuing activities of the charity.

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARY
THE VIRGIN, ST AIDAN AND ST NATHANAEL WALTON-ON-THE-HILL LIVERPOOL
BALANCE SHEET AS AT 31ST DECEMBER 2024
Notes
31st December 2024
315t December 2023
Fixed assets
Tangible fixed assets
Investmenls
523.906
56,372
523,906
59,654
580,278
583,560
Current assets
Debtors
Cash at bank and in hand
49.898
67,996
49,898
67.996
Current liabilities
Creditors: amounts falling
due within one year
{1,334)
(1,240)
Net current assets
48,564
66,756
Total assets less current
liabilities
628,842
650.316
Funds:
Unrestricted funds
Restricted funds Restated
591,959
36,883
611,774
38,542
8,10
628,842
650,316
Approved by Trustees on .
I ZDZ
J stein, Trustee

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARY
THE VIRGIN, ST AIDAN AND ST NATHANAEL WALTON-ON-THE-HILL LIVERPOOL
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2024
1. Accounting Policies
Basis of accounting
The financial statements have been prepared in accordan￿ with the charity's Memorandum
and Articles of Association and Accounting and Reporting by Charities with the 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 (FRS102)
(SORP 2019 (effective 1st January 2019)" and Charities Act 2011.
The accounts are prepared in sterling, which is the functional currency of the charity.
Monetary amounts in these financial statements are rounded to the nearest £.
The Charity has taken advantage of the provisions in the SORP for Charities applying FRS
102 Update Bulletin 1 not to prepare a Statement of Cash Flows.
The accounts have been prepared under the historical cost convention with items recognised
at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts.
Going concern
At the time of approving the accounts, the trustees have a reasonable expectation that the
charity has adequate reserves to continue in operational existence for the foreseeable future.
Together with the prayers and support from our regular givers, this provides the trustees the
assurance to continue to adopt the going concern basis of accounting in preparing the
accounts.
Fund accounting
Unrestricted funds are the charity's free reserves available for the trustees to apply in
accordance with the charity's objectives.
Designated funds are funds set aside by the trustees for spectfic purposes.
Restricted funds are subject to specific restrictive conditions imposed by the donor and,
where appropriate include interest generated thereon.
Income recognition
All income is recognised once the charity has entitlement to the income, there is sufficient
certainty of receipt and so it is probable that the income will be received, and the amount of
income receivable can be measured reliably.
Donations and legacies comprise of donations and general grants which are recognised in
the accounts when received, with the exception of known legacies which are accounted for
when their receipt is ￿rtaIn.
Income from charitable activities is recognised on an accrual's basis except for grants
receivable, which are recognised on the date on which their unconditional payment is
confirmed by the donor.
Income from other trading activities relates to fundraising events, photocopying income and
rental income and is recognised when the amount is certain.
Income from investment relates to income from investments received and is recognised when
the amount is certain.
Other income relates to insurance claim is recognised when the amount is certain.

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARY
THE VIRGIN, ST AIDAN AND ST NATHANAEL WALTON-ON-THE-HILL LIVERPOOL
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2024
Fixed Assets
Fixed Assets (freehold property) are valued at fair value based on insurance valuation and
reviewed every five years by the trustees.
Investments
Investments are included at market value. Realised and unrealised gains and losses are
reported in the Statement of Financial Activities.
Expenditure recognition
Liabilities are recognised as soon as there is a legal or constructive obligation committing the
charitable company to that expenditure, it is probable that settlement will be required, and the
amount of the obligation can be measured reliably.
All expenditure is accounted for on an accrual basis. All expenses, including support costs
and governance costs, are allocated or apportioned to the applicable expenditure headings in
the Statement of Financial Activities. Support and governan￿ costs are applied to
unrestricted funds unless specifically included in the restrictions, as specified by the donor.
Expenditure on charitable activities relates to the operation of the charity comprising of direct
charitable expenditure to meet the objectives of the charitable company. Support and
governance costs relate to the management and operation of the organisation and also
compliance with constitutional and statutory requirements in producing the annual report.
These are dealt with in the Statement of Financial Activities when payment has been
approved by the charitable company.
Cash and cash equivalents
Cash and cash equivalents include cash in hand, deposits held at call with banks, other
short-term liquid investments with original maturities of three months or less, and bank
overdrafts.
Financial instruments
The charity has elected to apply the provisions of Section 11 'Basic Financial Instruments,
and Section 12 '0ther Financial Instruments Issues, of FRS 102 to all of its financial
instruments.
Financial instruments are recognised in the charity's balance sheet when the charity
becomes party to the contractual provisions of the instrument.
Financial assets and liabilities are offset, wtth the net amounts presented in the financial
statements, when there is a legally enforceable right to set off the recognised amounts and
there is an intention to settle on a net basis or to realise the asset and settle the liability
simultaneously.
Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially
measured at transaction price including transaction costs and are subsequently carried at
amortised cost using the effective interest method unless the arrangement constitutes a
financing transaction, where the transaction is measured at the present value of the future
receipts discounted at a market rate of interest. Financial assets classified as receivable
within one year are not amortised.

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARY
THE VIRGIN, ST AIDAN AND ST NATHANAEL WALTON-ON-THE-HILL LIVERPOOL
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2024
Basic financial liabilities
Basic financial liabilities, including creditors and bank loans are initially recognised at
transaction price unless the arrangement constitutes a financing transaction, where the debt
instrument is measured at the present value of the future receipts discounted at a market rate
of interest. Financial liabilities classified as payable within one year are not amortised.
Debt instruments are subsequently carried at amortised cost, using the effective interest rate
method.
Derecognition of financial liabilities
Financial liabilities are derecognised when the charity's contractual obligations expire or are
discharged or cancelled.
Critical accounting estimates and judgements
In the application of the charity's accounting policies, the trustees are required to make
judgements, estimates and assumptions about the carrying amount of assets and liabilities
that are not readily apparent from other sources. The estimates and associated assumptions
are based on historical experience and other factors that are considered to be relevant.
Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an on-going basis. Revisions to
accounting estimates are recognised in the period in which the estimate is revised where the
revision affects only that period, or in the period of the revision and future periods where the
revision affects both current and future periods.
All expenditure is accounted for on an accrual basis. All expenses, including support costs
and governance costs, are allocated or apportioned to the applicable expenditure headings in
the Statement of Financial Activities. Support and governance costs are applied to
unrestricted funds unless specifically included in the restrictions, as specified by the donor.
Cost of charitable activities relate to the operation of the charity comprising of direct
charitable expenditure to meet the objectives of the charity. Support and governance costs
relate to the management and operation of the organisation and also compliance with
constitutional and statutory requirements in producing the annual report. These are dealt
with in the Statement of Financial Activities when payment has been approved by the charity
Taxation
Income and gains are exempt from taxation as they are re￿iVed and applied for charitable
purposes only. The charity benefits from various exemptions from taxation afforded by tax
legislation and is not liable to corporation tax on income or gains falling within those
exemptions. The charity is not able to recover Value Added Tax. Expenditure is recorded in
the accounts inclusive of VAT.
10-

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARY
THE VIRGIN, ST AIDAN AND ST NATHANAEL WALTON-orl_THE-HILL LIVERPOOL
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2024
2. Income and endowments from:
Unrestricted
Funds
2024
estricted
Funds
2024
Total
Funds
2024
Total
Funds
2023
a. Donations and legacies:
Donations
Tax efficient giving
Other planned giving
Collections
Gift aid
13,053
7,219
15,114
3,910
16,206
13,053
7,219
15,114
3,910
16,206
8,153
3,307
17,326
4,573
55,502
55,502
33,359
Income from donations and legacies in 2023 related wholly to unrestricted funds.
b. Charitable activities:
Activities income
Diocese of Liverpool
Hall hire
National Lottery Community Fund
Diocese of Liverpool support
Weddings and funeral fees
470
470
3,000
12,240
525
4,000
11,562
4,500
11,490
20,577
3,000
12,240
7,185
10,296
7,185
10,296
30,191
3,000
33,191
52,654
Income from charitable activities in 2023 comprised £44,154, for unrestricted funds and £8,500
related to restricted funds.
Other trading activities:
Fundraising income
Photocopying income
Rental income
14,169
539
17,245
14,169
539
17,245
9,877
558
18,822
31,953
31,953
29,257
Income from other trading activities in 2023 related wholly to unrestricted funds.
d. Investments:
Investment income
Bank interest
1,427
740
708
2,135
740
2,074
437
2,167
708
2,875
2,511
Income from investments in 2023 comprised £1,908 for unrestricted funds and £603 related to
restricted funds.

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARY
THE VIRGIN, ST AIDAN AND ST NATHANAEL WALTON-ON-THE-HILL LIVERPOOL
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2024
3.Expenditure on charitable activities
Direct Support &
Charitable Governance
Expenditure
Costs
Total
2024
Total
2023
The provision of sacred space for
personal prayer pastoral work and
teaching of Christianity
72,147
72,273
144,420
147,273
a. Analysed as follows:
2024
2023
Direct charitable expenditure..
Liverpool Diocese
Church supplies
Organ
Organist
Choirmaster
Activities costs
Music
Travel expenses
Vicar and clergy expenses
Wedding and funeral fees
58,264
3,483
66,408
2,963
258
1,548
4,125
3,001
127
16
3,853
240
735
4.522
3,545
1,598
72,147
82,539
2024
2023
Support & governance costs."
Staff salary costs
Donations and gifts
Office costs
Building costs
Website costs
Spotify
Insurance
Elections
Bank charges
Sundry
Accountancy fees
10,288
2,110
2,227
47.235
234
136
8,326
200
193
10,288
1 ,478
4,799
38,616
137
160
7,585
191
250
1,230
1,324
72,273
64,734
Total expenditure on charitable
activities
144,420
147,273
£5,802 (2023: £2,112) of the above expenditure relates to restricted funding.
12

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARY
THE VIRGIN, ST AIDAN AND ST NATHANAEL WALTON-ON-THE-HILL LIVERPOOL
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2024
b. Staff Costs
2024
2023
Gross wages and salaries
10,288
10,288
c. Particulars of employees:
Average number of employees during the year, calculated on the basis of full-time
equivalents, was as follows:
2024
2023
Charitable activities
No employee received emoluments of more than £60,000 during the year.
The Trustees are not remunerated for their services and are not included in the above
number of employees.
4. Tangible fixed assets
Freehold
Property
Total
Cost or revaluation
Balance as at 1st January 2024
Revaluation
Additions during the year
523,906
523,906
Balance at 31st December 2024
523,906
523,906
Accumulated depreciation
Balance as at 1st January 2024
Charge for the year
Balance at 31st December 2024
Net Book Value at 31
December 2024
st
523,906
523,906
Net Book Value at 31 st
December 2023
523,906
523,906
The land was donated to the church and garages were built on the land. The trustees
consider the valuation have not changed during the year.
13

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARY
THE VIRGIN, ST AIDAN AND ST NATHANAEL WALTON-ON-THE-HILL LIVERPOOL
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2024
5. Fixed asset investments
2024
2023
Market value at 1st January 2024
Income
Withdrawals
Net realised gain on investment
assets
Net realised (loss) on investment
assets
59,654
2,135
(6,352)
935
63,277
2,074
(9,095)
3.563
(165)
Market value at 31 st December
2024
56,372
59,654
6. Debtors
There were no debtors during or at year end 31 St De￿mber 2024 (2023: Nil)
7. Creditors: amounts falling due within one year
2024
2023
Accruals
1,334
1,240
8. Analysis of net assets between funds
2024
Tangible Fixed Investments Net Current
Assets
Assets
Total
Unrestricted Funds
General Fund
523,906
23,075
44,978
591,959
Restricted Funds
Diocese of Liverpool
J Shaw bequest
Taylor bequest
Woodland Mission Fund
3,586
3,586
14,029
16,216
3,052
14.029
16,216
3,052
33,297
3,586
36,883
Totals
523,906
56,372
48,564
628,842
14

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARY
THE VIRGIN, ST AIDAN AND ST NATHANAEL WALTON-ON-THE-HILL LIVERPOOL
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2024
2023
Tangible Fixed Investments Net Current
Assets
Assets
Total
Unrestricted Funds
General Fund
523,906
27,499
60,369
611,774
Restricted Funds
Diocese of Liverpool
J Shaw bequest
National Lottery
Community Fund
Taylor bequest
Woodland Mission Fund
1,888
1,888
13,321
4,500
15,849
2,984
13,321
4,500
15,849
2,984
32,155
6,387
38,542
Totals
523,906
56,054
66,756
650,316
9. Unrestricted Funds
Movements in the year
Expenditure
Transfer
between
funds
2024
Reserves at
Beginning of
year
Income
Revaluation
and
Investment
(losses)
Reserves
at End of
year
General fund
611,774 119,813
(140,128)
500 591,959
Movements in the year
Expenditure
Transfer
between
funds
2023
Reserves at
Beginning of
year
Income
Revaluation
and
Investment
Ilosses)
Reserves
at End of
year
General fund
647,057 108,678
(147,123)
1,200
1,962 611,774
General Fund is used to finance the charity's general activities and core costs as outlined in
the Trustees, Report.
Transfer between funds is the withdrawal of investment funds.
15

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARY
THE VIRGIN, ST AIDAN AND ST NATHANAEL WALTON-ON-THE-HILL LIVERPOOL
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2024
10. Restricted Funds
Movements in the Year
Income Expenditure
Transfer
between
funds
2024
Reserves at
Beginning of
year
Revaluation
and
Investment
Gainsl(losses)
Reserves
at End of
year
Diocese of
Liverpool
J Shaw bequest
National Lottery
Community
Fund
Taylor bequest
fund
Woodland
Mission fund
1,888
3,000
(1,302)
3,586
14,029
13,321
708
4.500
(4,500)
15,849
367
16,216
2,984
68
3,052
38,542
3,708
(5,802)
435
36,883
Movements in the Year
Income Expenditure
Transfer
between
funds
2023
Reserves at
Beginning of
year
Revaluation Reserves
and
at End of
Investment
year
Gainsl(lossesl
Diocese of
Liverpool
J Shaw bequest
National Lottery
Community
Fund
Taylor bequest
fund
Woodland
Mission fund
4,000
(2,112)
1,888
14,083
603
(1,200)
(165)
13,321
4,500
4,500
14,505
1,344
15,849
2,727
257
2,984
31,315
9,103
(2,112)
(1,200)
1,436
38,542
These are monies given to the Charity to be spent at the discretion of the Board of Trustees
for specific charitable purposes, as follows:
Diocese of Liverpool - Contribution towards Messy Church.
J Shaw bequest - for upkeep of the organ at St. Mary's Church.
National Lottery Community Fund - Contribution towards community thrive project.
Taylor bequest fund contribution towards the refurbishment of St Marys church
Woodlands Mission Fund - contribution toward publicity.
16-

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST MARY
THE VIRGIN, ST AIDAN AND ST NATHANAEL WALTON-ON-THE-HILL LIVERPOOL
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2024
11. Guarantees and Other Financial Commitments
There are no financial commitments under nOn-Can￿lIable operating leases (2023.. £Nil).
12. Related Parties
There were no material related paty transactions during the year which require disclosure
(2023: none).
17