**REGISTERED CHARITY NUMBER: 1132096** ## **REPORT OF THE TRUSTEES AND** **UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2024** ## **FOR** **Shottery St. Andrews Church** Pointon Young Chartered Accountants 5 Mansell Street Stratford upon Avon Warwickshire CV37 6NR **Shottery St. Andrews Church** ## **CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2024** ||**Page**| |---|---| |**Annual report of the PCC**|1 to 2| |**Independent Examiner's Report**|3| |**Statement of Financial Activities**|4| |**Balance Sheet**|5| |**Notes to the Financial Statements**|6 to 12| |**Detailed Statement of Financial Activities**|13 to 14| **Shottery St. Andrews Church** **ANNUAL REPORT OF THE PCC FOR THE YEAR ENDED 31ST DECEMBER 2024** ## **Administrative information** St Andrew's Church is situated in Church Lane, Shottery on the western edge of the town of Stratford-on-Avon and close to Anne Hathaway's Cottage. It is part of the Fosse Deanery within the Diocese of Coventry within the Church of England. The correspondence address is St. Andrew's Vicarage, Church Lane, Shottery, Stratford-upon-Avon, Warwickshire, CV37 9HQ. **Website** : www.saintandrewsshottery.org **Incumbent** (Vicar): Reverend Craig McClellan BA **Assistant Curate** : Reverend Sarah Cushing **Associate Ministers:** Reverend Dr Paul Edmonds & Reverend Dr Nikki Moon **Clergy with Permission to Officiate** : Revd. Mary Crameri, Revd. Joy Hance ## **Assisting Minister:** Revd Joan Whyman **Reader:** Mrs. Jan Walker **Churchwardens:** Mr Robert Macvie & Mrs Orion Johnson **Assistant Churchwardens:** Liz Talbot & Bob Robbins **Churchwardens Emeriti:** David Challis & Jackie Daniels **Deanery Synod Reps:** Orion Johnson, Bob Macvie, Hillary Mattocks, Julie Milne ## **Parochial Church Council** Members: Revd Craig McClellan (Chair), Orion Johnson (Churchwarden), Bob Macvie (Churchwarden), Jackie Daniels, Julie Milne, Isaac Alun-Jones, Bob Robbins, Richard Walker, Clodagh Mallison, Hilary Mattocks, Chris Susnik, Carole Taylor, David Millington, Jan Walker, David Whyman, Liz Talbot, Jenny Gregg, Licensed parish clergy. **Vice Chair:** Churchwardens **Treasurer** : Carole Taylor **Secretary:** David Millington ## **Safeguarding Officer** : David Millington **PCC Standing Committee:** Revd Craig McClellan, Bob Macvie, Carole Taylor, David Millington, Liz Talbot, Bob Robbins. **PCC Working Groups** : Worship & Nurture, Mission & Outreach, Fabric, Finance. All PCC members sit on one of these groups. The working groups meet bi-monthly. The method of appointment of PCC members is set out in the Church Representation Rules. All Church attendees are encouraged and entitled to register on the church Electoral Roll and stand for election to the PCC. The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity. Page 1 ## **Shottery St. Andrews Church** ## **ANNUAL REPORT OF THE PCC FOR THE YEAR ENDED 31ST DECEMBER 2024** ## **Objectives and activities** St Andrew's PCC has the responsibility of co-operating with the Vicar, in promoting in the ecclesiastical parish the whole mission of the Church, pastoral, evangelistic, social, and ecumenical. It also has maintenance responsibilities for the Church Centre complex of St Andrew's, Church Lane, Shottery, Stratford-upon-Avon, Warwickshire, CV37 9HQ. The full PCC met six times during the year. PCC working groups met bi-monthly. The Standing Committee met between meetings and minutes of their deliberations were received by the full PCC and discussed where necessary. Throughout the year the PCC had discussions concerning: Diocesan and St. Andrew's budgets and accounts, worship, nurture, outreach, fabric and maintenance of the church building and hall, Safeguarding and pastoral care, children and family work, the lighting project for church and faculty application, the audio-visual project, and Parish Share. Regular reports were given to the PCC from Fabric, Finance and working groups including reports from Deanery & Diocesan Synods. We have representatives on organisations such as Stratford Churches Together, Street Pastors Scheme and Coventry Cathedral. Reports on their various activities were received throughout the year. ## **Church attendance** There are 159 parishioners on the Church Electoral Roll. This year we have lost 2 members and gained 12 new members to the roll. The average adult (16+) weekly attendance was 135. Attendance on Easter Day was 141 and at Christmas Day 116. ## **Financial reserves policy** There is no PCC policy to maintain a balance on unrestricted funds to cover emergency situations that may arise from time to time. It is our policy to invest our funds balances with the CBF Church of England Deposit Fund. The trustees present their report with the financial statements of the charity for the year ended 31st December 2024. The trustees have adopted the provisions of 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 (FRS 102). Approved by the PCC on ____ May 2025 and signed on their behalf by Revd Craig McClellan (PCC Chair). …………………………………….. Page 2 **INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF SHOTTERY ST. ANDREWS CHURCH** ## **Independent examiner's report to the trustees of Shottery St. Andrews Church** I report to the charity trustees on my examination of the accounts of Shottery St. Andrews Church (the Trust) for the year ended 31st December 2024. ## **Responsibilities and basis of report** As the charity trustees of the Trust 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 Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all 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 Trust as required by Section 130 of the Act; or 2. the accounts do not accord with those records; or 3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination. 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. ………………………………………………………. Steven Brown BA FCA Chartered Accountant Pointon Young Chartered Accountants 5 Mansell Street Stratford upon Avon Warwickshire CV37 6NR May 2025 Page 3 ## **Shottery St. Andrews Church** ## **STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST DECEMBER 2024** |2024
Unrestricted
fund
Notes
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
94,142
Other trading activities
2
29,876
Investment income
3
28
Other income
9,383
**Total**
133,429
**EXPENDITURE ON**
Raising funds
4
103,419
Other
1,374
**Total**
104,793
**NET INCOME/(EXPENDITURE)**
28,636
**RECONCILIATION OF FUNDS**
Total funds brought forward
200,118
**TOTAL FUNDS CARRIED FORWARD**
228,754|2023
Total
funds
£
88,510
32,231
16
22,519| |---|---| ||143,276| ||102,474
1,308| ||103,782| ||39,494
160,624| ||200,118| The notes form part of these financial statements Page 4 ## **Shottery St. Andrews Church** ## **BALANCE SHEET 31ST DECEMBER 2024** |2024
Unrestricted
fund
Notes
£
**FIXED ASSETS**
Tangible assets
6
3,958
Investments
7
193,193
197,151
**CURRENT ASSETS**
Debtors
8
12,032
Cash at bank
97,194
109,226
**CREDITORS**
Amounts falling due within one year
9
(77,623)
**NET CURRENT ASSETS**
31,603
**TOTAL ASSETS LESS CURRENT LIABILITIES**
228,754
**NET ASSETS**
228,754
**FUNDS**
10
Unrestricted funds
228,754
**TOTAL FUNDS**
228,754|2023
Total
funds
£
4,538
183,810
188,348
11,021
55,454
66,475
(54,705)
11,770
200,118
200,118
200,118
200,118| |---|---| The financial statements were approved by the Board of Trustees and authorised for issue on May 2025 and were signed on its behalf by: ............................................. Trustee The notes form part of these financial statements Page 5 **Shottery St. Andrews Church** **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST DECEMBER 2024** ## **1. ACCOUNTING POLICIES** ## **Basis of preparing the financial statements** The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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 (FRS 102), Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'. The financial statements have been prepared under the historical cost convention, with the exception of investments which are included at market value, as modified by the revaluation of certain assets. The financial statements have been prepared in accordance with the Church Accounting Regulations 2006 together with applicable accounting standards and the SORP 2005. The financial statements have been prepared under the historical cost convention except for the valuation of investment assets, which are shown at market value. The financial statements include all transactions, assets, and liabilities for which the PCC is responsible in law. They do not include the accounts of church groups that owe their main affiliation to another body, nor those that are informal gatherings of church members. ## **Income** All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds; it is probable that the income will be received and the amount can be measured reliably. ## **Expenditure** Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. ## **Tangible fixed assets** Consecrated and benefice property is not included in the accounts in accordance with s.96(2)(a) of the Charities Act 1993. Movable church furnishings held by the vicar and churchwardens on special trust for the PCC and which require a faculty for disposal are inalienable property, listed in the church's inventory, which can be inspected (at any reasonable time). Items acquired since 1st January 2005 have been capitalised and depreciated over their estimated useful economic life. Church equipment being depreciated at 15% reducing balance. Investments are valued at market value at 31st December. ## **Taxation** The charity is exempt from tax on its charitable activities. continued... Page 6 **Shottery St. Andrews Church** **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST DECEMBER 2024** ## **1. ACCOUNTING POLICIES - continued** ## **Fund accounting** Restricted funds represent (a) income from trusts or endowments which may be expended only on those restricted objects provided in the terms of the trust or bequest, and (b) donations or grants received for a specific object or invited by the PCC for a specific object. The funds may only be expended on the specific object for which they were given. Any balance remaining unspent at the end of each year must be carried forward as a balance on that fund. The PCC does not usually invest separately for each fund. Where there is no separate investment, interest is apportioned to individual funds on an average balance basis. Unrestricted funds are general funds which can be used for PCC ordinary purposes. ## **2. OTHER TRADING ACTIVITIES** |Activities for generating funds: Events proceeds
Fund-raising (Searchlight)
Fund-raising (Parish Centre)
Hall hire
Fees|2024
£
6,615
1,819
1,065
16,091
4,286
29,876|2023
£
7,436
1,940
1,105
15,083
6,667
32,231| |---|---|---| ## **3.** |**INVESTMENT INCOME**||| |---|---|---| ||2024|2023| ||£|£| |Dividends and interest|28|16| continued... Page 7 ## **Shottery St. Andrews Church** ## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST DECEMBER 2024** ## **4. RAISING FUNDS** ## **Investment management costs** |Ministry and charitable giving
Ministry costs
Upkeep of Church
Repairs
Parish Centre
Upkeep of services
Diocesan
Flowers
Church management and administration
Fund-raising trading costs
Depreciation|2024
£
425
2,138
5,064
-
4,748
8,919
67,065
-
12,108
2,253
699
103,419|2023
£
405
4,098
4,233
997
3,617
7,994
66,178
50
12,210
1,850
842
102,474| |---|---|---| ## **5. TRUSTEES' REMUNERATION AND BENEFITS** There were no trustees' remuneration or other benefits for the year ended 31st December 2024 nor for the year ended 31st December 2023. ## **Trustees' expenses** There were no trustees' expenses paid for the year ended 31st December 2024 nor for the year ended 31st December 2023. continued... Page 8 ## **Shottery St. Andrews Church** ## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST DECEMBER 2024** ## **6. TANGIBLE FIXED ASSETS** |Plant and
machinery
£
**COST**
At 1st January 2024
Additions
8,885
-

8,885
**DEPRECIATION**
At 1st January 2024
6,879
Charge for year
301
At 31st December 2024
7,180
**NET BOOK VALUE**
At 31st December 2024
1,705
At 31st December 2023
2,006
**FIXED ASSET INVESTMENTS**
**MARKET VALUE**
At 1st January 2024
Revaluations
At 31st December 2024
**NET BOOK VALUE**
At 31st December 2024
At 31st December 2023|Fixtures
and
Computer
fittings
equipment
Totals
£
£
£
21,808
-
2,693
119
33,386
119
21,808
2,812
33,505
20,349
1,620
28,848
219
179
699
20,568
1,799
29,547
1,240
1,013
3,958
1,459
1,073
4,538
Listed
investments
£
183,810
9,383
193,193
193,193
183,810| |---|---| ## **7. FIXED ASSET INVESTMENTS** There were no investment assets outside the UK. continued... Page 9 ## **Shottery St. Andrews Church** ## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST DECEMBER 2024** ## **7. FIXED ASSET INVESTMENTS - continued** Cost or valuation at 31st December 2024 is represented by: |Valuation at 31 December 2020
Valuation in 2021
Valuation in 2022
Valuation in 2023
Valuation in 2024
**8.**
**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Other debtors
Tax recoverable|Listed
investments
£
153,042
26,728
(16,479)
20,519
9,383
193,193
2024
2023
£
£
60
1,093
11,972
9,928
12,032
11,021| |---|---| continued... Page 10 **Shottery St. Andrews Church** ## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST DECEMBER 2024** ## **9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR** |Restricted Funds
Bequests
Children’s Activities
Pew Street Sponsoring
Pilgrimages
Electrical Work
Car Park Repairs
AV Project
Children’s Society
Prostate Cancer
Christian Aid
Vicar's Discretion
Total restricted funds
Plaque maintenance
Fees account expenses
Other|2024
£
54,749
4,375
642
956
538
4,809
2,654
281
160
-
1,084
70,248
607
1,379
5,389
77,623||2023
£
29,750
5,542
590
965
538
4,809
-
-
-
10
1,805
44,009| |---|---|---|---| ||||632
609
9,455
54,705| ||||| ## **10. MOVEMENT IN FUNDS** |Unrestricted funds
Total funds|At 1.1.24
Net
movement in
funds
£
£
200,118
28,636
200,118
28,636|At 31.12.24
£
228,754
228,754| |---|---|---| Net movement in funds included in the above are as follows: continued... Page 11 **Shottery St. Andrews Church** ## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST DECEMBER 2024** ## **10. MOVEMENT IN FUNDS - continued** |Unrestricted funds|Incoming
resources
£
133,429
133,429|Resources
expended
£
104,793
104,793|Movement in
funds
£
28,636
28,636| |---|---|---|---| ## **11. RELATED PARTY DISCLOSURES** There were no related party transactions for the year ended 31st December 2024. Page 12 ## **Shottery St. Andrews Church** ## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST DECEMBER 2024** |**INCOME AND ENDOWMENTS**
**Donations and legacies**
Planned Giving: Gift Aid donations
Tax recoverable
Other planned giving
Collections (open plate)
Donations
**Other trading activities**
Activities for generating funds: Events
proceeds
Fund-raising (Searchlight)
Fund-raising (Parish Centre)
Hall hire
Fees
**Investment income**
Dividends and interest
**Other income**
on revaluation
**Total incoming resources**
**EXPENDITURE**
**Other trading activities**
Fund-raising trading costs
**Investment management costs**
Ministry and charitable giving
Carried forward|2024
Total
funds
£
55,065
16,907
530
6,136
15,504
94,142
6,615
1,819
1,065
16,091
4,286
29,876
28
9,383
133,429
2,253
425
425|2023
Total
funds
£
55,236
14,353
548
7,417
10,956
88,510
7,436
1,940
1,105
15,083
6,667
32,231
16
22,519
143,276
1,850
405
405| |---|---|---| This page does not form part of the statutory financial statements Page 13 ## **Shottery St. Andrews Church** ## **DETAILED STATEMENT OF FINANCIAL ACTIVITIES** ## **FOR THE YEAR ENDED 31ST DECEMBER 2024** |**Investment management costs**
Brought forward
Ministry costs
Upkeep of Church
Repairs
Parish Centre
Upkeep of services
Diocesan
Flowers
Church management and administration
Depreciation of tangible fixed assets
**Support costs**
**Governance costs**
Accountancy
Total resources expended
**Net income**|2024
Total
funds
£
425
2,138
5,064
-
4,748
8,919
67,065
-
12,108
699
101,166
1,374
104,793
28,636|2023
Total
funds
£
405
4,098
4,233
997
3,617
7,994
66,178
50
12,210
842
100,624
1,308
103,782
39,494| |---|---|---| This page does not form part of the statutory financial statements Page 14