TRUSTEES' REPORT 2024
We have a new Vicar, the Revd Tammy Tearoe, a new Independent Examiner, Ray Jellicoe and a Children and Families Missioner, Nate Glover. Numbers on the Electoral Roll increased slightly. Many successful fundraising events were held, including another Beer Festival. As a result, Appeal funds rose by £13,600. Congregational giving increased, but wedding and funeral income were down. The Trust School lost over £8.000 and Cottages funds fell after heavy repair costs. We still met our commitment of £16,000 to the Diocese and gave over £300,000 to charity. Support for the local foodbank continues. The Toddler Group and the Place of Welcome continue to thrive. The Churchyard Project is making our grounds more wildlife friendly and we achieved our Eco Church bronze award. We are close to meeting all the Church's safeguarding requirements. An energy audit is planned, to help reduce carbon emissions.
RECEIPTS 2024
| STEWARDSHIP | 26944 |
|---|---|
| COLLECTIONS | 4340 |
| WEDDINGS (net) | 4137 |
| FUNERALS (net) | 3236 |
| GIFTS/FUNDRAISING | 31455 |
| RENTALS | 41060 |
| MAGAZINE | 940 |
| CHARITY | 2520 |
| INVESTMENTS | 1228 |
| RESTORATION | 13593 |
| TOTAL | 129453 |
| PAYMENTS 2024 | |
| MUSIC | 6871 |
| CHURCH EXPENSES | 32013 |
| HALLS EXPENSES | 15876 |
| TRUST SHOOL EXPENSES | 13989 |
| COTTAGES EXPENSES | 27431 |
| CLERGY EXPENSES | 829 |
| OFFICE EXPENSES | 11528 |
| MAGAZINE COSTS | 612 |
| CHARITY GIVING | 3038 |
| SEQUESTRATION FEES | 1787 |
| DIOCESAN COMMON FUND | 16000 |
| BANK CHARGES | 431 |
| TOTAL | 130404 |
| DEFICIT | 951 |
| BALANCE SHEET 31/12/2024 | |
| LLOYDS BANK | 59511 |
| CASH | 1464 |
| INVESTMENTS | 25376 |
| TOTAL ASSETS | 86351 |
Independent Examiner’s Report
to the PCC of Yardley, St Edburgha’s (Registered Charity No. 1131907)
This report on the accounts of the PCC for the year ended 31[st] December 2024, which are set out in the Summary of Funds and the Receipts & Payments Account, in respect of an examination carried out under Regulation 3(3) of the Church Accounting Regulations 1997 and s.43 of the Charities Act 1993.
Respective responsibilities of trustees and examiner
As the members of the PCC you are responsible for the preparation of the accounts; you consider that the audit requirement of Regulation 3(3) of the Church Accounting Regulations 1997 and section 43(2) of the Charities Act 1993 (the Act) do not apply. It is my responsibility to issue this report on those accounts in accordance with the terms of regulation 25 of the Church Accounting Regulations 1997 and Regulation 7 of (Accounts and Reports) Regulations 1995.
Basis of independent examiner’s report
My examination was carried out in accordance with the General Directions given by the Chairty Commission under section 43(7)/(b) of the Act and to be found in the guidance from the CBF. That examination includes a review of the accounting records kept by the PCC and a comparison of the accounts with those records. It also includes considering any unusual items or disclosures in the accounts and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the view given by the accounts.
Independent examiner’s 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 41 of the Act; and
-
to prepare accounts which accord with the accounting records and to comply with the requirements of the Act, as also contained in the Church Accounting Regulations 1997
have not been met; or
(2) to which, in my opinion, attention should be drawn to enable a proper understanding of the accounts to be reached.
Signed: R. B. Jellicoe FCCA, Independent Examiner
Date 2[nd] May 2024