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2024-12-31-accounts

Deddin ton PCC Trustees Re ort for 2024 The Parochial Church Council (PCC) presents its Annual Report for the year ended 31 December 2024. Reference and administration infornlation The PCC is a registered charity, no. 1132087. The trustees, members of the PCC, at the time of this reporL were as follows: The Rev Nick Fiekden Stanley Nelson Caroline Condon Angela Faint David Clements Lady Green Sarah Banes Heather Nason Olivia Fenion Jane Maharry Chairman Churchwarden Churchwarden Deanery Synod Ex-officio Ex-officio Ex-officio Elected Elected Elected Elected Elected Elected Appointed Secretary Independent Examiner: Mr D Anderso￿ Wicklewoo(L Chapmans Lane, Deddington, BANBURY, OX 150SU. Structure, governance and management The PCC is a cory)orate body. Its governing documents are the Parochial Church Council (Powers) Measure 1956 as amende(L and the Church Representation Rules. PCC members are recruited in a number of ways. The clergy, churchwardens and their deputies are members by virtue of their office. The Deanery Synod representatives are elected by the annual parochial church meeting (APCM) and hold office for three years. Other members are elected for a three year tern], or co-opted, so arranged that about one third of the council will retire each year. The PCC makes all decÈsions corpordtely except that the Standing Committee has delegated powers to make decisions between PCC meetings. subject to keeping the PCC infornied as fully &s necessary. The PCC is responsible for all the parish finance. its management and control, including the appointment of a treasurer. Members of the PCC are responsible for keeping accounting records, which disclose with reasonable accurdcy the financial position of the PCC and which enable them to ensure that the financial statements comply with the Charities Act 1993 and the Statement of Recommended Practice "Accounting by Charities" (FRSSE). The PCC is also responsible for

safeguarding the charity's assets and hence taking reasonable steps for the prevention and detection of fraud and other irregularities. The PCC is also required to ensure that the fllwicial statements are examined by an independent examiner or auditor prior to presentation to the APCM. In preparing the fuwicial statements, the PCC is required to: Select suitable accounting policies and apply them consistently. Make judgements and estimates that are reasonable and prudent. Follow applicable accounting standards and statements of recommended practice, subject, subject to any material departures disclosed and explained in the financial statements. Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will remain in operation. There is a Standing Committee to take care of council business between PCC meetings and to make decisions referred to it by the PCC. The parish is part of the Deddington Deanery in the Diocese of Oxford. During the year the PCC has reviewed all the risks faced by the charity and has put in place measures aimed at managing those risks. The risk assessment was compiled using a pro-fornia provided by the Ecclesiastical Insurance Office. Objectives andAelivilies The objectives of the PCC are defined by the Parochial Church Council (Powers) Measure 1956 as "to cooperate with the minister in promoting in the parish the whole mission of the ChurclL pastoral, evangelistic. social and ecumenical" The main activities of the PCC are: The provision of regular public worship that is open to all. The provision of sacred space for personal prdyer and contemplation. The provision of pastoral work, including visiting of the sick. the elderly and the bereaved. The teaching of the Christian faith through sernions, home gmups, children's meetings and links with the local schools. The promotion of the Christian faith through various events for the elderly, for parents and toddlers and other special needs groups organised by the PCC. The support of other charities involved in Cl]ristian outreach and development. As a church family and as individuals, Deddington Parish church aims to offer worship of the living God. Through worship, prnyer and bible study we seek to know God better and to be confornied to His purposes for our lives. In partnership with other Christians, we wish to make His love known within the local community.

The incumbent vacancy which started in June 2023 ended in April 2024 when the Rev Nick Fielden was installed as the vicar. During the vacancy the PCC managed to provide almost all the usual ser4ices with the help of local retired priests and the staff of the diocese and the deanery. Ministy Highlights The year has been full of blessings. from uplifting seNices to pastoral care and home visits. Although it's primarily been a year of listening, but our new vicar did implement some early initiatives to help us move forward in some key areas. From the outset he organised regular cross-benefice ministry team meetings. This proved very beneficial for building bridges and has been a catalyst for fertile ministerial communication, planning and collaborative working. which was one of the key aims expressed in the parish profile. Next, he gained PCC agreement to resume the use of the Common Cup for Holy Communion, helping us move forward from the aftemiath of Covid and realign ourselves with Canon law. Thirdly, he intrOdU￿d a weekly pattem of Moming and Evening Prayer in our churches across the benefice, though Hempton's serVI￿S were subsequently paused due to roof concerns. The regular weekly services have continued to maintain or increase numbers. The rhythm of the Church calendar has brought us the special seasonal ￿lebratIonS and commemorations, including Epiphany, Lent, Easter, Harvest, All Souls, Remembrance Day, Advent and Christmas, giving us poignant moments of both deep reflection and joyous worship. They have all been well attended, with some specials breaking record numbers. and all much appreciated by the wider community too, going by the positive feedback. He was also able to run an Advent course, which prompted good discussions. At Deddington we have been able to demonstrate our excellent musical and choral traditions, providing a quality that is rarely achieved outside of cathedrals! In that we have something to be very proud of and thanks are due to our music director and all the choir for their hard work, skill and dedication! Our 3pm monthly family services continued to attract younger members of our community, and thanks are due to the team who planned and ran those sessions, for their commitment and service The Thursday morning Squiggles & Wriggles pre-school sessions have continued to be a lifeline for parents and carers. offering connection, support and a safe way to access church. The vicar has gained deeper insights into how valuable it is, and further church connections are evolving from it, e.g. through baptism enquiries from parents who would othenNise not have considered it. So many thanks to the dedicated team who continue to run this. Other special highlights in 2024 included three baptisms, two confirmations and three weddings, which were fantastic celebrations. We also sadly commemorated the loss of a number of our community members in fvneral, memorial and interment servI￿s. During the year, we managed to recruit a new Parish Administrator to help wtth some of the administrative burden. Our connection and ministry to Deddington CE Primary school is another area the vicar has been building upon with the school worship leader and the headteacher. He leads weekly assemblies to deepen the children's understanding of the Christian faith and get them thinking about how Christian teaching, stories and values can have a real impact in our worfd and how we treat one another. The children have also come into Church on many occasions, helping to lead and participate in services such as their Harvest mid-week Eucharist, Christmas carol and Nativity services, as well as their music and leavers servI￿s. The vicar and one of our retired clergy are also foundation school governors, helping to provide strategic oversight through its govemance. Our bellringers have continued to ring joyously for us throughout the year, for both our regular ServI￿S and special occasions.

Across all our services and activities, we have shown the welcoming, joyous, invitational, and inclusive spirit of our church family, which is vital. One cornerstone of this friendliness is our hosprtality, and thanks are due to our dedicated hospitality team for providing refreshments at our various services and events. Challenges, Resilience and Maintenance As always, this year has brought challenges, including urgent maintenance issues. At Deddington, flooding, drains, heating failures, stonework and roof problems. among others, have required significant effort and expenditure to address, keeping our church wardens and maintenance teams very busy, not to mention the treasurer! We owe an enormous debt of thanks to all involved in managing these issues. We are also deeply indebted to the Friends of Deddington Church, and everyone who has donated generously. some anonymously, to help us raise the funds needed to fix the most urgent issues. Thank you to you all - and the challenges continuel At Hempton, roof safety concems led to the difficutt decision to temporarily move services to the Old School Room, with the Archdeacon's support. We subsequently arranged for a church architect's inspection to gain a proper understanding of the situation. Significant work and funding will be required and a small project team consisting of the church wardens and Friends of Hempton Church are working together on the next steps. All these challenges, alongside our many activities, highlight the dedication and resilience of our committed people who do such vital work to keep our churches open and ministry flourishing. Behind the s￿nes, much work also goes into cleaning and maintaining both our churches and churchyards. Over the year we have also managed to upgrade some of our key IT facilities at Deddington, including moving to a higher quality HDMI AV projection system and the vicar organised for a WIFI upgrade to a much faster, stable and more secure system to address frustrating connection issues eXperIen￿d by many users. Talking of helpers, we face serious challenges with the limited numbers of volunteers for many of these roles. Many names appear in multiple teams, so we risk too much work being put on too few shoulders. We also have some key PCC members stepping down. Communlty Engagement. Fundraising, Envlronment and Looking Ahead Community engagement has been central to our ministry and wider outreach. It was wonderful to have a leading role in the D-Day 80th Anniversary and Remembrance Day events, which were much appreciated by our communities. We have continued to open up our churches and host the Parish Show and Craft Marf(ets in Deddington, which are great opportunities for community engagement and are much appreciated by all. Offering a short public prayer time at 11aM during the craft market has also been popular, offering visitors and stall holders a small Spa￿ in which to experien￿ stillness and prayerful reflection. We continue to hire out Deddington church for concerts and events, which remains very popular and supplements our income. Another great achievement this year has been the restart of our Eco Church group and gaining our Silver Award! This first year for our new vicar has been one of surveying and preparing the ground. As we look forward, 2025 will be one of planting new seeds, watering and nurturing, to help our church grow broader and younger, whilst still treasuring and continuing all that we already do so well. His vision for our benefi￿ is to be able to offer a wide range of worship styles and traditions to help people in all our communities worship God in the ways that they find most helpful, from excellent choral traditions to more contemporary, informal and family friendly worship. It is a vision he feels that God

is calling us to journey towards as our next step, which has been reinforced by many of the conversations and green shoots he has nOti￿d during this year. Financial Re ort In 2024 some of our various income streams increased while others went down. The planned giving increased because most of our donors give through the Parish Giving Scheme and have opted to allow their donations to increase wtth inflation, giving us 3.30/0 more than 2023, plus the extra tax reclaimed. Loose plate collections increased by nearly 110/0 plus extra tax reclaimed under the Gift Aid Small Donations Scheme. Uncovenanted planned giving was up by 14 % . Sundry donations were slightly down in 2024 by less than £100. Unrestricted fund raising in 2024 was only a third of that raised in 2023 and investment income was down because we have been spending money from the deposit account. However, the Trading and Fees income was up by 22 % mainly due to the number of weddings, funerals and con￿rtS in the year. Also, the Feed in Tariff payments for the photo-voltaic panels on the south aisle roof were subject to an annual increase. There were fewer grants and legacies and restricted donations and fund raising was less than in 2023, but this income generally depends on specific projects as they arise. The annual income increased but so did spending. The General Fund was at an all-time low at the end of 2024, £12,709 because there were unanticipated requirements to update the soundlprojection system and the church Wi-Fi set up, costing £6,318. The inverter for the PV system had to be replaced costing £2,163 and £7,761 was spent on building repairs that could not be charged to the Fabric Fund. Also, new staging was bought for £8,433. most of the cost was met by Deddington Primary School and the PTA. The PTA have given £1,000, but we are still waiting for the school's contribution of £5,000. When this arrives in 2025 the general fund will be on its way to recovery. The Friends of Deddington Church continue their welcome and much needed support. We are very grateful for the £10,866 that they raised towards the cost of building repairs. For the last several years Deddington PCC has submitted Accrual & Prepayment accounts but as typical tumover has been under £250,000 for a long time now 2024's accounts will be in Receipts & Payment fonnat. rJL JY/sl15 Rev H N Fielden Vicar of Deddington

PAROCHIAL CHURCH OF ST PETER & ST PAUL, DEDDINGTON

Finiancial Statements for the Year ended 31 December 2024

Receipts and Payments Accounts

Receipts and Payments Accounts
1
Note
RECEIPTS
Voluntary Receipts:
Planned Giving
Collections at Services
All other giving/voluntary receipts
4 (a)
Gift Aid recovered
Activities for generating funds
4 (b)
Investment Income
4 (c)
Church Activities
4 (d)
Other Income
4 (e)
Bellringers' Fund (Lloyd's Bank)
5
Total Receipts
Contra Receipts
PAYMENTS
Church Activities
Diocesan Parish Share Contribution
Mission Giving and Donations
4 (f)
Clergy and Staffing Costs
4 (g)
Church Running Costs
4 (h)
Costs of Generating Funds
Bellringers' Fund(Lloyd's Bank)
5
Total Payments
Contra Payments
Excees of Receipts over Payments
Cash at bank and in hand 1 January
Cash at bank and in hand 31 December
Statement of Assets and Liabilities
Cash Funds
Bank Current Account
Deposit Accounts
Other Monetary Assetts
Gift Recoverable
Deddington PTA
Investment Assets
Eight Endowment Trusts
3
Liabilities Heating Repair Bill
Unrestricted
Restricted
Endowment
Total Funds
Funds
Funds
Funds
2024
2023
£
£
£
£
£
40,808.11
40,808.11
38,841.25
8,427.09
615.00
9,042.09
8,083.28
9,562.58
18,590.91
28,153.49
55,475.56
9,681.53
640.46
10,321.99
12,380.55
Unrestricted
Restricted
Endowment
Total Funds
Funds
Funds
Funds
2024
2023
£
£
£
£
£
40,808.11
40,808.11
38,841.25
8,427.09
615.00
9,042.09
8,083.28
9,562.58
18,590.91
28,153.49
55,475.56
9,681.53
640.46
10,321.99
12,380.55
Unrestricted
Restricted
Endowment
Total Funds
Funds
Funds
Funds
2024
2023
£
£
£
£
£
40,808.11
40,808.11
38,841.25
8,427.09
615.00
9,042.09
8,083.28
9,562.58
18,590.91
28,153.49
55,475.56
9,681.53
640.46
10,321.99
12,380.55
Unrestricted
Restricted
Endowment
Total Funds
Funds
Funds
Funds
2024
2023
£
£
£
£
£
40,808.11
40,808.11
38,841.25
8,427.09
615.00
9,042.09
8,083.28
9,562.58
18,590.91
28,153.49
55,475.56
9,681.53
640.46
10,321.99
12,380.55
Unrestricted
Restricted
Endowment
Total Funds
Funds
Funds
Funds
2024
2023
£
£
£
£
£
40,808.11
40,808.11
38,841.25
8,427.09
615.00
9,042.09
8,083.28
9,562.58
18,590.91
28,153.49
55,475.56
9,681.53
640.46
10,321.99
12,380.55
68,479.31
19,846.37
88,325.68 114,780.64
1,285.79
10,866.00
12,151.79
27,960.78
691.60
1,193.64
2,778.37
4,663.61
4,974.73
15,612.54
15,612.54
15,161.09
6,007.95
6,007.95
4,388.91
903.40
903.40
756.91
23,597.88 12,963.04 2,778.37
39,339.29
53,242.42
92,077.19 32,809.41 2,778.37 127,664.97 168,023.06
3,789.00 These receipts are fees paid to the PCC but due to third
parties, eg Wedding & Funeral Fees due to the diocese,
organist or choir and are not includeed in these accounts.
50,119.96
50,119.96
48,506.66
1,528.38
2,564.00
4,092.38
3,588.72
8,978.91
1,398.70
10,377.61
7,284.00
49,860.15
9,327.36
1,379.67
60,567.18
132,079.81
433.99
433.99
1,424.56
723.80
723.80
888.20
110,921.39 12,615.16 2,778.37 126,314.92 193,771.95
3,789.00 Paid to third parties and not included in these accounts
-18,844.20
20,194.25
0.00
1,350.05
-25,748.89
25,036.85
32,977.86
100,089.70
158,104.41
153,465.91
12,709.16
47,695.50
102,380.61
162,785.27
158,104.41
9,756.25
0.00
0.00
9,756.25
10,554.72
2,952.91
47,096.96
0.00
50,049.87
47,469.99
12,709.16 47,096.96 0.00 59,806.12 58,024.71
740.24
0.00
0.00
740.24
855.15
5,000.00
5,000.00
0.00
0.00
102,380.61
102,380.61
0.00
1,148.48
0.00
0.00
1,148.48
0.00

Note 1 This financial Statements of the PCC have been prepared in accordance with the Church Accounting Regulation 2006 using Receipts and Payments instead of Accrual & Prepayment. The only accrual figure included in the ledger is £924 Deposit/Endowment account interest from 2023. This has beendeducted froom these accounts.

2 The movements in the restricted funds during the year were:

Restricted
Building & Maintenance Fund
Youth Work
Christmas Lunch Fund
Organ Fund
FoodBank fund
War Memorial Fund
Bal b/fwd
Receipts
Payments
Bal c/fwd
24,692.13
18,607.33
3,522.53
39,776.93
3,267.00
633.26
0.00
3,900.26
1,692.39
88.47
0.00
1,780.86
0.00
10.72
0.00
10.72
2,737.80
189.40
1,440.00
1,487.20
138.54
2.05
140.59
Bal b/fwd
Receipts
Payments
Bal c/fwd
24,692.13
18,607.33
3,522.53
39,776.93
3,267.00
633.26
0.00
3,900.26
1,692.39
88.47
0.00
1,780.86
0.00
10.72
0.00
10.72
2,737.80
189.40
1,440.00
1,487.20
138.54
2.05
140.59
Bal b/fwd
Receipts
Payments
Bal c/fwd
24,692.13
18,607.33
3,522.53
39,776.93
3,267.00
633.26
0.00
3,900.26
1,692.39
88.47
0.00
1,780.86
0.00
10.72
0.00
10.72
2,737.80
189.40
1,440.00
1,487.20
138.54
2.05
140.59
Bal b/fwd
Receipts
Payments
Bal c/fwd
24,692.13
18,607.33
3,522.53
39,776.93
3,267.00
633.26
0.00
3,900.26
1,692.39
88.47
0.00
1,780.86
0.00
10.72
0.00
10.72
2,737.80
189.40
1,440.00
1,487.20
138.54
2.05
140.59
32,527.86 19,531.23 4,962.53 47,096.56

The Building and Maintenance Fund represents donations and appeals for the maintenance of the churchbuilding and the churchyard, which can only be spent for that purpose.

The Christmas Lunch Fund represents grants for the provision of a lunch for parishioners who live alone

or need help at Christmas. It has been laid on in the church but in recent years has been delivered to individuals. Regrettably we were unable to provide this in 2024.

The Organ Fund represents donations towards the maintenance of the pipe organ

The Foodbank Fund represents grants for the organisation of a foodbank referral point in the church which never came to fruition. The fund and any further monetery donations are now passed to the Banbury Foodbank.

The War Memorial Fund is the residue of money raised by the Royal British Legion to refurbish the memorial in the churchyard. It is intended for any to be spent on maintaining the memeotial but reverts to the General Fund in 2032

4 Further Ananlysis of Receipts

Receipts
(a) All other giving/voluntary Receipts
Donations
4 (a)
Legacies
Grants
(b) Activities for generating funds
Kitchen Fund Raising
OHCT Ride & Stride
Sale of Cards
Friends of Deddington Church
(c) Investment Income
Deposit with CCLA
Deddington Trusts
Hempton Heating Trust
Music & Choir Trust
Deddingon/Hempton Church Site Trust
(d) Church Activities
Fees for Weddings & Funerals
Rents for use of church/equipment
Feed in Tariff PV System
(e) Other Income
Reimbursements Barford PCC
Current Account interest
Friends of Hempton Church Insurance
Transport
Fees in Vacancy
Other refunds
Unrestricted
Restricted
Endowment
Total
Total
Funds
Funds
fund
2024
2023
7,648.98
13,755.91
21,404.89
13,511.78
600.00
5,000.00
5,600.00
18,250.00
1,313.60
1,313.60
19,848.55
9,562.58
18,755.91
0.00
28,318.49
51,610.33
805.44
805.44
744.53
235.00
235.00
351.00
245.35
245.35
266.00
10,866.00
10,866.00
26,599.25
1,285.79
12,151.79
27,960.78
691.60
1,193.64
1,885.24
2,214.80
746.09
746.09
706.67
49.38
49.38
48.64
772.45
772.45
460.34
1,210.45
1,210.45
1,191.93
691.60
1,193.64
2,778.37
4,663.61
4,622.38
2,929.00
2,929.00
1,931.00
8,350.80
8,350.80
6,849.34
4,332.74
4,332.74
4,007.63
15,612.54
0.00
0.00
15,612.54
12,787.97
544.70
544.70
678.24
19.15
19.15
0.00
1,377.22
1,377.22
1,337.05
10.00
10.00
20.00
2,678.00
2,678.00
2,021.00
1,378.88
1,378.88
222.06
6,007.95
0.00
0.00
6,007.95
4,278.35

Payments

(f) Mission Giving & Donations
Deddington PFSU
Bishop's Outreach Fund
Christian Aid
RBL Poppy Appreal
Banbury Foodbank
Friends of Christ Church
Outreach/Children's Work
(g) Clergy & Staffing Costs
Clergy Expenses
Fees in Vacancy
Organists
Parish Administrator
(h) Church Running Costs
Utilities
Insurance
Cost of Services
General Maintenance
Church Repairs
Maintenance of Churchyard
Performing Rights Soc
Child Protection
IT & Internet
Stationary, printing and postage
Transport
Royal School of Church Music
Premises & Garden Waste Licences
CCLI
Bank charges
5 Bellringers' Account
Unrestricted
Restricted
Endowment
Total
Total
Funds
Funds
fund
2024
2023
100.00
100.00 These are one
642.00
642.00 off donations.
271.00
271.00 The total of similar
580.00
580.00 donations
2,000.00
2,000.00 in 2023
15.00
15.00 was
562.38
181.35
743.73
1,528.38
2,823.35
4,351.73
3,581.00
Unrestricted
Restricted
Endowment
Total
Total
Funds
Funds
Funds
2024
2023
732.03
732.03
1,107.00
2,732.20
2,732.20
2,021.00
3,882.75
188.25
4,071.00
3,996.00
1,632.00
1,210.45
2,842.45
0.00
8,978.98
1,398.70
10,377.68
7,124.00
5,944.63
49.38
5,994.01
6,935.00
6,501.84
6,501.84
5,998.00
1,901.57
584.20
2,485.77
2,176.00
5,494.92
554.07
6,048.99
5,860.00
26,593.44
9,106.01
35,699.45
39,100.00
1,036.24
192.02
1,228.26
1,592.67
341.26
341.26
0.00
9.58
9.58
0.00
1,146.55
1,146.55
959.33
649.88
649.88
941.24
15.00
15.00
4,078.56
270.00
270.00
142.00
238.00
238.00
70.00
605.37
605.37
574.25
62.25
62.25
574.00
50,810.53
9,106.01
1,379.67
61,296.21
7,339.38
Income
Donations
Fees
Interest
Other Income
Current Account
Deposit Account
Cash in hand
Restricted
Expenditure
2024
2023
165.00
249.90
Maintenance
400.00
300.00
Insurance
154.25
97.01
Restricted Honoraria
184.15
110.00
Admin
903.40
756.91
689.25
328.05
2,978.24
3,123.99
32.81
68.66
3,700.30
3,520.70
Restricted
Expenditure
2024
2023
165.00
249.90
Maintenance
400.00
300.00
Insurance
154.25
97.01
Restricted Honoraria
184.15
110.00
Admin
903.40
756.91
689.25
328.05
2,978.24
3,123.99
32.81
68.66
3,700.30
3,520.70
Restricted
2024
2023
358.80
553.20
0.00
0.00
245.00
200.00
120.00
135.00
Restricted
2024
2023
358.80
553.20
0.00
0.00
245.00
200.00
120.00
135.00
723.80 888.20
3,700.30 3,520.70

CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts ••• Section A Independent Examiner's Report Report to the trustee51 members of On accounts for the year ended 3 i%r 2 o>ik Charity no (if any) Set out on pages I report to the trustees on my examination of th8 accounts of the above chaiity (Ihe Trusv,) for the year ended Responslbllities and As the charity trustees of the Trust, you are ￿spOnSible for the preparation basis of report of the accounts in accordan￿ with the requirements of the Charities Act 2011 {￿he Acr). I report in respect of my examination of the Trust's accounts carried out under section 145 of the 2011 Act and in carrying out rny examination, I have followed the applicable Directions given by the Charity Commission under section 145(5){b) of the Act. I have completed my examination. I confirm that no material matters have come to my attention ( ") in connection with the examination which gives me cause to believe that in, any material respect: accounting records were not kept in accordan￿ with section 130 of the Act or the accounts do not accord with the accounting records Independent examiner's statement I have no concems and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached. . P18ase delete the words in the brackets rf they do not apply. Signed: Date: 9t Io Name: Relevant professional qualification(s) or body (If any): Address: I C k 3 LHAlh)&4S jtJ>l￿•oThl Ol ¢oAJ ox JS OSL• IER October 2018