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← The Parochial Church Council Of The Ecclesiastical Parish Of St Aldhelm, Edmonton

2024-12-31-accounts

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST ALDHELM, EDMONTON

Annual Report and Financial Statements for the year ended 31 December 2024

Vicar Mother Anna Stuttard

Independent Examiner

Rachel Keightley FCCA, Beeston-Clarke Accountants, 92 Gladstone Street, Winsford Cheshire CW7 4AZ

Churchwardens

Ann Toussaint Joan McLeish

Bankers CAF Bank Ltd West Malling ME19 4JQ

Contents

PART ONE Page
Contents 2
1 Reference and Administrative Details 3
2 Annual Report for 2024 4
4 Statement of Trustees’ Responsibilities 10
5 Independent Examiner’s Report 11
3 Financial Statements 12
PART TWO
6 Agenda for Annual Meetings 19
7 Minutes of the Annual Meetings held on 26 May2024 20
8 Report on Changes to the Electoral Roll 22
9 Churchwardens’ Report on the Fabric,Goods and Ornaments of the Church 22
10 Report of DeanerySynod Meetings 24
11 SafeguardingReport 25
12 Reports on church activities:
· Curate’s Report
· Social Committee
· Mothers’ Union
· Children and Sunday Club
· Windmill Projects
o Edible Garden
o Foodbank
o Café and Bakery
o Stitchers		 26
27
28
30
30
31
31
31
31
13 Sidesmen appointed for 2025-2026 32

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1. Reference and administrative details Charity Name

The Parochial Church Council of the Ecclesiastical Parish of St Aldhelm, Edmonton also known as St Aldhelm’s, Edmonton.

Charity Number

1132175

Address

Geographical location: Silver Street, Edmonton, London N18 Postal address: 4 Windmill Road, Edmonton, London N18 1PA

Website

www.aldhelms.org.uk

Membership of the PCC

Ex officio

Clergy The Rev’d Anna Stuttard * Vicar, Chair of PCC The Rev’d Patricia Brown Assistant Curate Churchwardens Helen Quashie until 26 May 2024 Julie Willoughby until 26 May 2024 Ann Toussaint * from 26 May 2024 Joan McLeish * from 26 May 2024 Lay members of the Enfield Deanery Synod Merlene Nurse elected February 2024: next election due at APCM 2026 Ijeoma Ogbonna elected May 2023: next election due at APCM 2026

Elected members

Edie Duncan * Lay Vice-Chair; to May 2025 Mary Irish to May 2025 Melissa Quashie to May 2025 Desmond Williams to May 2025 Lorraine Coppin to May 2026 Zavia Parker to May 2026 David Reed to May 2026 Maureen Smith to May 2026 Peter Clark * PCC Secretary; to May 2027 Gloria Littler to May 2027 Rebekah Grey-Bubu to May 2027 Marie-Lise Appadoo elected by the PCC on 29 October 2024; term ends May 2027 _Co-opted members_ Roger Seaton * PCC Treasurer, to May 2024 Pamela Carson PCC Treasurer, from May 2024

Standing Committee

Those marked with an asterisk * were members of the PCC Standing Committee for some or all of the year.

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2. ANNUAL REPORT FOR 2024

Aims and Objectives

St Aldhelm’s is a Church of England church, serving this parish in Upper Edmonton since 1903. Our worship is within the Catholic tradition of the Church of England, sacramental but varied in style and our choir and musicians enrich our worship with modern and traditional music. Our congregation reflects the rich diversity of the community in which we serve and we seek to be welcoming to everyone who walks through our doors.

Our faith demands that we love our neighbour as well as God, so we engage with the local community in a variety of ways, working in partnership with other organisations to provide places and activities where people can meet, connect, find support or simply find peace in a beautiful environment.

Public Benefit

We are aware of the Charity Commission’s guidance on public benefit and the advancement of religion, and we believe that, working with the Incumbent for the promotion of the mission of the Church in the parish and in the wider community, the church benefits the public by providing:

Governance

The Parochial Church Council (PCC) is a corporate body established by the Church of England. It operates under the Parochial Church Council Powers Measure 1956 (as amended) and the Church Representation Rules. It is also a charity registered with the Charity Commission (registration number 1132175).

The PCC has the responsibility of co-operating with the Incumbent in the task of participating in God’s mission to the world and taking counsel together for the sake of the pastoral, evangelistic, educational, social and ecumenical ministry of the church within the ecclesiastical parish. Members of the PCC are either ex-officio or elected by the Annual Parochial Church Meeting in accordance with the Church Representation Rules or co-opted by the PCC. In 2024 membership of the PCC comprised: the licensed clergy, the two churchwardens, lay members of the diocesan and deanery synods (ex officio); and 12 lay members elected by the Annual Parochial Church Meeting (“the APCM”), who typically serve three-year terms. In addition, the PCC was entitled to co-opt up to three members annually; in 2024 the PCC co-opted Pamela Carson to act as Treasurer. The names of PCC members are listed above.

Churchwardens are elected annually at the Annual Meeting of Parishioners immediately preceding the Annual Parochial Church Meeting (APCM). The Wardens elected at the Annual Meeting of Parishioners in May 2024 were Joan McLeish and Ann Toussaint. Wardens are entitled to serve a maximum of six consecutive periods of office; for both Joan and Ann, this will mean that they must stand down no later than the APCM of 2030.

At the 2024 APCM four members of the PCC stood down at the end of their term of office. Three of them were willing to serve again and were re-elected and, as there were no other candidates for election, at the end of the APCM there was a vacancy on the PCC. One person was co-opted to the PCC because of the skills they bring. At the PCC meeting on 29 October 2024 the PCC elected Marie-Lise Appadoo to fill the casual vacancy which arose at the APCM; her term will come to an end at the APCM in 2027.

Safeguarding

The PCC is confident that it has complied with its duty under section 5 of the Safeguarding and Clergy Discipline Measure 2016 to have regard to the House of Bishops' guidance on safeguarding children and vulnerable adults. A fuller Safeguarding Report is included later in this report.

Clergy

Mthr Anna Stuttard is the Vicar, the Incumbent of the parish: Mthr Patricia Brown is our Assistant Curate.

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St Aldhelm’s in 2024

A major highlight of 2024 was learning in October that we had won a prestigious London Dangoor Award, awarded to faith organisations for their work towards creating a fairer and more inclusive city. Mthr Anna and Nikki, our interim Community Action Coordinator, received the award from the Lord-Lieutenant of London at a ceremony in November. We feel very honoured to have been given this award, which recognises the contribution our Windmill projects make to the community we serve.

Other highlights this year included a wonderful Summer Fair and BBQ, a trip to a church beer festival in Leicestershire and a Christmas Bazaar which is now something to look forward to for many people in the local community. All were organised by our Social Committee, a skilled and tireless group of people who not only help our congregation to get to know one another better and have fun but also help with our fundraising – we are very grateful to them all.

In the Summer we completed a project to refurbish our main church hall, including a deep clean and repainting, as well as new lighting and a wheelchair-accessible entrance. We also carried out significant improvements in the church, installing much-needed facilities for the foodbank.

In less happy news, our curate Mthr Patricia was taken seriously ill in August and by the end of 2024 was not yet well enough to return to ministry. We love and miss her and continue to pray for her recovery.

PCC meetings

The PCC had five scheduled meetings during the year, as well as a short meeting immediately after the APCM and an exceptional meeting in August called at short notice to deal with unexpected circumstances. All meetings were held in person, although in line with guidance given by the Archbishops in 2020, some of the work of the PCC and Standing Committee was conducted online, with decisions requiring formal approval circulated in writing after each meeting, using the correspondence procedure set out in the Church Representation Rules 2020, Rules M29 and 76.

At the first meeting, in January 2024, we spent some time considering our staffing. It was agreed that more work was needed on our Conflict of Interest policy to bring it into line with current best practice and our budget was approved subject to review after legal advice on this issue.

By the time of our second meeting in February we had clarified the conflicts of interest and improved our practice around declaring them. The PCC agreed the details for recruiting an exciting new part-time post of Church Administrator, to include book-keeping as well other administrative tasks. We also approved works and improvements to the church, funded by grants, including changes to the choir vestry and new noticeboards outside the church. We were delighted to hear that we had secured two major three-year grants, putting our funding on a secure footing until at least 2027.

Our third meeting in April brought news of the appointment of our new Church Administrator, Tom Huntingford. Tom immediately proved to be an invaluable member of staff and we are delighted to have him as part of the team. Works in the church had been completed, including installing a sink and fridge in the choir vestry. A short meeting after our APCM on 26 May appointed officers and members of the Standing Committee.

The meeting in July agreed a programme of works to the main church hall, which included grant-funded work to improve disability access to the hall as well as renewing and improving the lighting, deep cleaning and repainting. Hall users had been informed that the hall would be closed throughout August and works were completed on time for the re-opening of the hall in September. The finished hall looks much brighter and existing and new hall users are very pleased with the improvements.

Sadly, our curate Mthr Patricia was taken seriously ill in August. An extra PCC meeting was held on 31 August to discuss cover – it was agreed that short-term changes would be made including ending the livestreaming of midweek services and closing the church on Wednesdays for a short period.

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By the time of the October meeting we had received a third three-year grant, further improving our financial outlook. A very happy church outing to a church beer festival in Leicester Diocese had taken place, cementing our friendship with the church of St Mary the Virgin in Harby. A foodbank volunteer, Nikki Davis, had been recruited on a temporary basis to cover Mthr Patricia’s work as Community Action Coordinator on Tuesdays, Wednesdays and Thursdays.

Committees

Standing Committee

This is the only committee required by the Church Representation Rules. It has power to transact the business of the PCC between its meetings, subject to any directions given by the Council. Its function is to support the Incumbent in his/ her role as the spiritual leader of the parish, and to monitor and encourage implementation of plans agreed by the PCC. It meets between the full meetings of the PCC and at other times if necessary. The Standing Committee was re-elected after the Annual Meeting in May 2024.

The Standing Committee met four times in 2024, using its delegated authority to enable decisions to be taken in a timely and appropriate way and work to progress smoothly. Among other things, the Standing Committee oversaw expenditure and fundraising in between PCC meetings, managed risk assessments, dealt with legal questions which arose during the year, authorised minor works and had oversight of all HR issues.

Social Committee

The Social Committee is currently the only other committee answering to the PCC and now also includes responsibility for community fundraising. Their review of 2024 is included elsewhere in this report.

Church membership and attendance at services

Church members must be communicants of sixteen years and upwards and on the Electoral Roll of the parish.

We have a stable congregation in which most people attend Sunday services every week. Overall, average attendance at a Sunday service was 48 adults and 10 young people. 81 adults and 20 children attended on Easter Day, considerably more than in any other year since Covid, and attendance at Christmas was very encouraging, with 82 adults and 11 children attending either for Midnight Mass or Christmas morning, around the same as for pre-Covid attendance, and with 60 adults and 14 children at our Carol Service, more than we have had in almost 10 years. Like many churches we have noticed that we have fewer weddings, baptisms and funerals than in previous times - during 2024 there was one baptism and one service of thanksgiving for two children, no weddings and five funerals in church.

The Sunday morning Parish Eucharist continued to be the main focus for our corporate worship. Our Sunday worship is live-streamed to a small regular audience and is also watched by members of the congregation who are unable to attend that day. In addition to Sundays, we met throughout the year for Morning Prayer on Zoom and for most of the year Evening Prayer was live-streamed on facebook. Our Thursday morning service of Holy Communion from the Book of Common Prayer was attended faithfully by a small number of people.

The fortnightly Sunday Club for children, led by Rebekah Grey-Bubu and Mthr Patricia, provides Biblebased activities, food and fun for children aged roughly 4-14 and has gone from strength to strength.

Staff Team

We welcomed Tom Huntingford as our new Church Administrator in May and Nikki Davis as our interim Community Action Coordinator in October. We are grateful to Chris Littler, our buildings manager, Boyka Stoyanova Tatanova (Bobby) our cleaner, Tosin Akinremi, our Director of Music, and Leah Stuttard our grants fundraiser for their ongoing commitment and hard work and for all that they contribute so positively to our life at St Aldhelm’s. Bobby and Tom are employees, for whom the church pays National Insurance and deducts PAYE tax. Chris, Leah and Tosin were self-employed and responsible for their own tax arrangements. Until she became too unwell to continue working Mthr Patricia Brown was a Non-

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Stipendiary Assistant Curate for three days a week, and for three days a week was employed by St Aldhelm’s Church and on our payroll.

Data Protection

Mthr Anna and the Administrator have kept the PCC’s Data Protection obligations pursuant to GDPR under review and are satisfied as to compliance.

Church halls

The Halls are a vital source of income for the church, as well as an important meeting point for community activities. In 2023 the PCC approved a new Hall Hire Policy, focussed on using the halls to raise income for the church – the policy sets fees, prioritises regular bookings and accepts one-off bookings only at the full commercial rate and for a minimum hire period.

Since September 2024 our regular hall hirers now have formal hire agreements and pay by Standing Order/BACS transfer. Demand for the halls is high and in 2024 our income from the halls (£70,719) was up 24% compared to 2023. Our regular hirers include Age UK, several churches and various dance, drama and martial arts classes, all of which provide valuable and much needed to services to our local community.

Church building

Our church is in reasonably good repair and we have a rolling programme of tests and checks and a standing item on the PCC agenda keeping an eye on maintenance and repairs. A Quinquennial Inspection was carried out in October 2024 which identified issues which will be addressed as funds allow.

Supporting our local community

Serving our community is a key part of our mission here and we work hard to keep our church open and available to the community. The church is open 9.30am to 5.00pm on Tuesday, Wednesday and Thursday and is visited by surprisingly high numbers of people, of all ages and of all faiths and none.

Our partnership with West Lea School continued this year, and the community café project, staffed by young people with disabilities, is very popular. The young people on placement make hot drinks and baked goods under the supervision of staff from West Lea and as well as providing training and employment opportunities for young disabled people this project also provides a place for local people to meet, use the internet and make connections. The students also work hard in our garden, helping to provide fruit, vegetables, herbs and spices for our foodbank and church community. The garden is becoming important to local people, with allotment holders and other gardeners helping us out with seedlings and other support.

The foodbank has grown from small beginnings to provide significant support to a growing number of households. The foodbank focusses on making connections and building relationships as well as providing food and users are welcome to come and sit in the church, use the internet, chat to one another and find and offer support. Food comes from our garden, foodbanks, supermarkets and other sources of surplus food in the area.

Our Stitching Group is loved and well attended and offers a friendly, chatty space for local people to learn new skills, find friends, craft and stitch. We are grateful to North London Stitch and Textiles for their support.

Mothers’ Union

The Mothers’ Union at St Aldhelm’s continues to be a growing and lively part of our church community. We were absolutely delighted when they were awarded a Bronze Award in the Mothers’ Union national Rise Up against Domestic Abuse Campaign - a report below sets out further details of their work this year.

Mother Anna writes: 2024 has been a year of embedding and growing our Windmill projects serving our local community, as well as worshipping God. There has been sadness, including the deaths of several beloved members of our community, and worry over Mthr Patricia’s health, but also times of gladness and joyful worship together.

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We began the year with considerable uncertainty about our financial future, but thanks to our fundraiser Leah we secured three three-year grants, meaning that we now have significant funding in place until 2027, transforming our financial situation in the medium-term.

So many people have contributed to the year’s successes but I would like particularly to thank our churchwardens, first Helen and Julie who served for five years and then Ann and Joan, who took over from them in May; our reader emeritus Dorothy; our paid members of staff Bobby, Chris, Leah, Tom and Tosin; Rebekah for her work with the children in church; our a/v team Peter, Rebekah and their squad of young assistants for keeping us amplified and online; our garden volunteers who did so much in the garden; our choir and musicians, servers, readers, intercessors, welcomers, stewards, flower team and providers of refreshments after services. I am deeply grateful to members of the PCC, Standing Committee and Social Committee for their work and to Betty our stalwart organiser of rotas, who keeps the show on the road. Thanks and love as well to the young people and staff from West Lea and to Meral Mehmet and Helen Brown from North London Stitch and Textiles who bring so much joy to our weekdays. Thank you.

I am very grateful to my colleague and friend Mthr Patricia for all that she did in 2024, despite major health issues. We love and miss her and continue to pray for her recovery.

Financial Review and Results

The church’s accounts for 2024 form part of this annual report and are set out on pages 10-18 of this document.

Total receipts on unrestricted funds were £126,877 (£101,584 in 2023) of which £70,719 was from hall lettings (£56,904 in 2023), £13,439 from the planned giving scheme (£18,205 in 2023), £4,588 from gift aid claims (£6,417 in 2023). Total payments on unrestricted funds amounted to £91,210 (£93,518 in 2023), and we contributed £27,318 to the London Diocesan Common Fund (£26,290 in 2023).

There was restricted income of £66,220 in gifts and grants (£95,692 in 2023), and restricted payments of £94,477 (£22,430 in 2023).

The net result for the year was an overall surplus of £7,409 (£81,328 in 2023). The balance to carry forward at 31 December 2024 at the bank on unrestricted funds was £83,113 (£47,446 in 2023) and on restricted funds, £58,489 (£86,746 in 2023), a total of £141,602 (£134,192 in 2023).

Thank you to our supporters

At St Aldhelm’s we are grateful for the support of all our donors and value every gift, however large or small. We are particularly grateful to all those individuals who committed to give to St Aldhelm’s regularly through standing orders, to everyone who gave generously at our Thanksgiving Service and online and to people who made generous one-off donations.

In 2024 we also received numerous grants from trusts and foundations and we are deeply grateful for their help and support. We would like to express our thanks to:

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The support we received enables us not only to continue to support our community but also to make improvements, the benefits of which will continue to bless us and the community we serve for years to come. Thank you.

Investment policy

None of the church’s funds are permanently endowed, and in the event of any significant surplus funds ‐ arising the PCC will take advice to ensure safe long term growth commensurate with planned spending needs from time to time.

Reserves

It is the PCC policy to try to maintain sufficient working capital to meet expenditure as incurred. It has agreed a level of unrestricted funds which equates to at least three months unrestricted payments, which amounts to about £30,000. Further, it has designated £10,000 for reshingling the spire. The balance of available unrestricted funds, as shown on the statement of assets and liabilities, is £73,113 and thus, at 31 December 2024, the PCC met its reserves policy and was a going concern.

Risk management

The principal risks and uncertainties faced by St Aldhelm’s continue to be those that inevitably attend a small church. Themes in recent years have been the need to reduce reliance on rental income and to broaden the donor base from within the church membership, and the need to build up reserves to meet a backlog of maintenance work on the church building and Halls.

Conclusion

This annual report and the associated accounts were approved by the Parochial Church Council on 13 May 2025 and signed on its behalf by:

Mthr Anna Stuttard Vicar and PCC Chairman

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STATEMENT OF TRUSTEES’ RESPONSIBILITIES

The members of the PCC, who are also trustees of the charity, are responsible for preparing the trustees’ report and the accounts in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

The trustees are required to prepare accounts for each financial year which give a true and fair view of the state of affairs of the PCC and of the incoming resources and application of resources of the PCC during the year.

In preparing those financial statements, the PCC is required to:

The PCC is responsible for keeping proper accounting records which disclose with reasonable accuracy at any time, the financial position of the PCC and to enable the PCC to ensure that the financial statements comply with the requirements referred to above. The PCC is also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

This report has been prepared in accordance with the Church Representation Rules and applicable UK Accounting Standards

Approved by the PCC on 13/05/2025 and signed on its behalf by:

_____ The Rev’d Anna Stuttard PCC Chair

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INDEPENDENT EXAMINERS’ REPORT TO THE PCC/TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2024

I report to the PCC on my examination of the Receipts & Payments Accounts for the year ended 31 December 2024 which are set out on pages 12 to 18.

Responsibilities and basis of report

As the charity trustees you are responsible for the preparation of the accounts in accordance with the Charities Act 2011 (‘the Act’).

I report in respect of my examination of the Trust’s accounts as required under section 145 of the 2011 Act and in carrying out my examination I have followed all the 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) that accounts do not accord with those records; or

(3) that 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 the 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.

Stephanie J Beeston-Clarke FCCA Beeston-Clarke Accountants Ltd Chartered Certified Accountants 92 Gladstone Street Winsford Cheshire zs CW7 4AZ

Dated: ………………………….16 May 2025

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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST ALDHELM, EDMONTON

Receipts & Payments Account

for the year ended 31 December 2024

Receipts & Payments Account
for the year ended
31 December 2024		 Receipts & Payments Account
for the year ended
31 December 2024
RECEIPTS
Note Unrestricted
funds
Restricted
funds
Total
Donations & Legacies
Planned Giving
13,439
-
13,439
Loose Plate Collections
& Donations
23,379
1,970
25,349
Bazaar & Concert
-
-
-
Gift aid
4,588
-
4,588
Total Donations & legacies
41,407
1,970
43,377
Grants
4
300
64,250
64,550
Other income
Activities for generating funds
5
78,580
-
78,580
Fundraising
6,306
-
6,306
Bank interest
284
-
284
Sundry income
-
-
-
Total receipts
126,877
66,220
193,096
PAYMENTS
Charitable Activities
Church activities
19,825
15,952
35,777
Church hall activities
21,882
12,062
33,944
Windmill
948
5,359
6,306
Diocese common fund
21,518
5,800
27,318
Charitable donations
-
-
-
Grants made
-
5,000
5,000
Fundraising costs
5,084
2,085
7,169
Staff costs
4,072
37,686
41,758
Other running costs
15,759
10,517
26,276
Vicarage Costs
1,072
17
1,089
Audit & Accountancy
1,050
-
1,050
Total payments
91,210
94,477
185,687
Net receipts/ (payments)
35,667
(28,257)
7,409
Transfers
between funds
-
-
-
Cash funds
@ 31.12.2023
47,446
86,746
134,192
Cash funds
@ 31.12.2024
83,113
58,489
141,601
2024		 Unrestricted
funds
Restricted
funds
Total
2023 Restated
13,439
-
13,439
23,379
1,970
25,349
-
-
-
4,588
-
4,588		 18,205
-
18,205
9,999
1,693
11,692
2,484
-
2,484
6,417
-
6,417
41,407
1,970
43,377		 37,105
1,693
38,798
300
64,250
64,550
78,580
-
78,580
6,306
-
6,306
284
-
284
-
-
-		 -
93,999
93,999
58,951
-
58,951
-
-
-
102
-
102
5,426
-
5,426
126,877
66,220
193,096		 101,584
95,692
197,276
19,825
15,952
35,777
21,882
12,062
33,944
948
5,359
6,306
21,518
5,800
27,318
-
-
-
-
5,000
5,000
5,084
2,085
7,169
4,072
37,686
41,758
15,759
10,517
26,276
1,072
17
1,089
1,050
-
1,050		 28,811
3,215
32,026
14,056
3,045
17,101
-
-
-
26,270
20
26,290
-
263
263
-
-
-
2,200
-
2,200
5,269
7,498
12,767
15,214
8,389
23,603
708
-
708
990
-
990
91,210
94,477
185,687		 93,518
22,430
115,948
35,667
(28,257)
7,409
-
-
-
47,446
86,746
134,192		 8,066
73,262
81,328
-
-
-
39,380
13,484
52,864
83,113
58,489
141,601		 47,446
86,746
134,192

Page 12

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST ALDHELM, EDMONTON

Statement of Assets and Liabilities as at 31 December 2024

2024 2023-Restated 2023-Restated
CASH FUNDS Note Unrestricted
funds		 Restricted
funds		 Total funds Unrestricted
funds		 Restricted
funds		 Total funds
Bank Current Account 83,113 58,489 141,601 47,446 86,746 134,192
Total cash funds 83,113 58,489 141,601 47,446 86,746 134,192
OTHER MONETARY ASSETS
Income not yet banked 2 2,136 - 2,136 - - -
Gift Aid Recoverable 7,401 - 7,401 4,579 - 4,579
9,537 - 9,537 4,579 - 4,579
LIABILITIES
Suppliers 3 8,373 - 8,373 3,439 - 3,439
Charitable Giving - - - 29 - 29
Rent Received in Advance - - - 2,670 - 2,670
8,373 - 8,373 6,138 - 6,138
REPRESENTED BY
Funds 9 83,113 58,489 141,601 47,446 86,746 134,192
83,113 58,489 141,601 47,446 86,746 134,192

The receipts & payments accounts were approved by the PCC on 13/05/2025 and were signed on their behalf by:

Rev'd Anna Stuttard PCC Chair

Page 10

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST ALDHELM, EDMONTON

Notes to the Accounts for the year ended 31 December 2024

1 Basis of preparation

The financial statements of the PCC have been prepared in accordance with the Church Accounting Regulations using the Receipts and Payments basis.

2 Income invoiced/received not yet banked

At the end of the financial year the following income had been invoiced or received but not yet banked:

Collections
Donations
Occasional Offices
Windmill Café
2023 unbanked at year end		 2024
2023
Restated
110
-
1,201
-
777
-
49
-
-
6,875
2,136
6,875

At the end of the financial year the following expenditure related to 2024 but was paid in 2025:

Cleaning
Utilities
Accounting Fees
Repairs & Maintenance
Wages & Social Security
Fundraising
Music
2023 unpaid at year end		 2024
2023
Restated
-
281
1,863
2,607
1,980
1,000
1,920
-
930
105
1,500
-
180
5
-
2,753
8,373
6,751

Page 14

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST ALDHELM, EDMONTON

Notes to the Accounts

for the year ended 31 December 2024

Grants
The Garfield Weston Foundation
The National Lottery Awards for All
The Forrester Family Trust
Community Organisations Cost of Living Fund
The Archer Trust
City Bridge Trust
Joseph Rank Trust
Mercers' Company
London Diocesan Fund
Ministerial Support Grant
Ian Askew Grant
John & Ruth Howard Charitable Trust
Sainsbury's Good Food For Us All
Albert Hunt Trust
Bentley Advancing Life Chances
SMB Charitable Trust
Children's Society
Worshipful Company of Saddlers		 2024 2023 Restated
Unrestricted
funds
Restricted
funds
Total		 Unrestricted
funds
Restricted
funds
Total
-
-
-
-
- -
-
-
-
-
8,155
8,155
-
-
-
-
7,592
7,592
-
12,500
12,500
-
22,318
22,318
-
1,000
1,000
-
5,000
5,000
-
500
500
-
3,000
3,000
-
500
500
-
2,000
2,000
-
500
500
-
1,000
1,000
-
185
185
300
-
300		 -
10,000
10,000
-
9,875
9,875
-
15,000
15,000
-
55,124
55,124
-
4,000
4,000
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
300
64,250
64,550		 -
93,999
93,999
Activities for Generating Funds
Occasional Offices
Church Hall Lettings - Nursery
Church Hall Lettings
Income from Solar Panels		 2024 2023 Restated
Unrestricted
funds
Restricted
funds
Total		 Unrestricted
funds
Restricted
funds
Total
2,360
-
2,360
32,275
-
32,275
38,444
-
38,444
5,502
-
5,502		 1,705
-
1,705
1,402
-
1,402
56,904
-
56,904
78,580
-
76,220		 60,011
-
60,011

5 Activities for Generating Funds

6 Related Party Transactions

a) Mr Chris Littler was paid £4,061 during the year for his services as caretaker (2023: £3,224). His wife is a member of the PCC.

b) Rev Patricia Brown, the curate, was paid £12,817 in the year in salaries (2023: £13,524); and a grant of £5,000 (2023: nil). She is an ex-officio member of PCC by virtue of being a Clerk in Holy Orders.

c) Ms Leah Stuttard was paid £4,300 in the year for her administration and fundraising services. She is the sister of the vicar.

d) Income through planned giving includes £11,325 received from PCC members (2023: £12,011).

7 Restated comparatives

The comparatives for 2023 have been restated in line with receipts and payments basis of preparation, as previously unbanked income and unpaid expenditure had been included as received and paid. In addition, during 2024 there is more analysis available now the Xero accounting system is in operation.

Page 15

8

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST ALDHELM, EDMONTON

Receipts & Payments Account for the year ended 31 December 2024

Receipts & Payments Account
for the year ended
31 December 2024
RECEIPTS
Planned giving
Collections
Donations
Bazaar & Concert
Gift Aid
Grants
Other income
Occasional Offices
Church Hall Lettings - Nursery
Church Hall Lettings
Income from Solar Panels
Fundraising Income
Sundry Income
Bank interest
Total receipts
PAYMENTS
Church activities
Religious activities
Repairs & maintenance
Utilities
Running costs
Church Hall
Repairs & maintenance
Utilities
Running costs
Windmill
Windmill café
Windmill edible garden
Windmill foodbank
Other costs
Diocesan common fund
Charitable donations
Grants made
Fundraising costs
Salaries
Staff training
Recruitment costs
Office & Admin
Advertising & marketing
Bank fees
Freelance and contract workers
Insurance
Legal fees
Vicarage costs
Independent examination
Total payments
Gross receipts/(payments)
Transfers
Net receipts/(payments)		 Unrestricted
funds
Restricted
funds
Total
2024		 Unrestricted
funds
Restricted
funds
Total
2023 Restated
13,439
-
13,439
2,296
-
2,296
21,083
1,970
23,053
-
-
-
4,588
-
4,588		 18,205
-
18,205
5,644
263
5,907
4,355
1,430
5,785
2,484
-
2,484
6,417
-
6,417
41,407
1,970
43,377
300
64,250
64,550		 37,105
1,693
38,798
-
93,999
93,999
2,360
-
2,360
32,275
-
32,275
38,444
-
38,444
5,502
-
5,502
6,306
-
6,306
-
-
-
284
-
284		 1,705
-
1,705
1,402
-
1,402
-
-
-
5,426
-
5,426
102
-
102
55,844
-
55,844
85,170
-
85,170		 64,479
-
64,479
126,877
66,220
193,096		 101,584
95,692
197,276
12,765
428
13,193
205
11,554
11,759
6,855
3,970
10,825
-
-
-
6,429
10,500
16,929
15,453
1,562
17,014
-
-
-
204
339
543
40
803
843
703
4,217
4,920
21,518
5,800
27,318
-
-
-
-
5,000
5,000
5,084
2,085
7,169
2,415
35,368
37,783
1,657
1,545
3,202
-
774
774
2,188
3,969
6,157
77
4,400
4,477
96
-
96
9,692
69
9,761
3,684
2,079
5,763
21
-
21
1,072
17
1,089
1,050
-
1,050		 -
-
-
-
-
-
14,996
-
14,996
13,815
3,215
17,030
-
-
-
11,230
2,011
13,241
2,826
1,034
3,860
-
-
-
-
-
-
-
-
-
26,270
20
26,290
-
263
263
-
-
-
2,200
-
2,200
5,269
7,498
12,767
-
-
-
-
-
-
15,214
8,389
23,603
708
-
708
990
-
990
91,210
94,477
185,687		 93,518
22,430
115,948
35,667
(28,257)
7,409		 8,066
73,262
81,328
-
-
-		 -
-
-
35,667
(28,257)
7,409		 8,066
73,262
81,328

Page 16

THE PAROCHIAL CHURCH COUNCIL

OF THE ECCLESIASTICAL PARISH OF ST ALDHELM, EDMONTON

Restricted Funds Analysis for the year ended 31 December 2024

for
31		 the year ended
December 2024
9a
Restricted Funds
B&Q Foundation - Access & Security
Foodbank Project
Spire Renovation
Windmill Projects
National Lottery Awards for All - Staff & Utilities
Forrester Family Trust - Cost of Living Crisis Fund
Community Organisations Cost of Living Fund
Children & Youth
City Bridge Trust
Joseph Rank Trust
Mercers' Company
London Diocesan Fund
Ministerial Support Grant
Ian Askew Grant
John & Ruth Howard Charitable Trust
Sainsbury's Good Food For Us All
Albert Hunt Trust
Bentley Advancing Life Chances
SMB Charitable Trust
Children's Society
Rev Paul Towns
Designated Funds (unrestricted)
Spire Project
General Funds
Free reserves
Total Funds 31.12.2024		 Balance @
1.1.2024
Receipts
Payments
Transfers
Balance @
31.12.2024
4,500
-
4,500
-
-
1,430
-
-
-
1,430
14,500
1,670
-
-
16,170
4,000
-
-
-
4,000
9,875
-
9,875
-
-
15,000
-
15,000
-
-
35,231
8,155
43,386
-
-
2,210
-
227
-
1,983
-
7,592
4,591
-
3,001
-
12,500
1,103
-
11,397
-
22,318
9,415
-
12,903
-
1,000
983
-
17
-
5,000
5,000
-
-
-
500
-
-
500
-
3,000
-
-
3,000
-
500
272
-
228
-
2,000
-
-
2,000
-
500
125
-
375
-
1,000
-
-
1,000
-
185
-
-
185
-
300
-
-
300
86,746
66,220
94,477
-
58,489
10,000
-
-
-
10,000
10,000
-
-
-
10,000
37,446
126,877
91,210
-
73,113
134,192
193,096
185,687
-
141,601

Page 17

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST ALDHELM, EDMONTON

Restricted Funds Analysis for the year ended 31 December 2023

9b
Restricted Funds
B&Q Foundation - Access & Security
Foodbank Project
Garfield Weston - Spire Renovation
Kitchen Improvements
Windmill Projects
National Lottery Awards for All - Staff & Utilities
Forrester Family Trust - Cost of Living Crisis Fund
Community Organisations Cost of Living Fund
Charities
Children & Youth
Designated Funds (unrestricted)
Spire Project
General Funds
Free reserves
Total Funds 31.12.2023		 Restated
Balance @
1.1.2023
Receipts
Payments
Transfers
Balance @
31.12.2023
4,500
-
-
-
4,500
1,040
1,430
1,040
-
1,430
4,500
10,000
-
-
14,500
1,234
-
1,234
-
-
-
4,000
-
-
4,000
-
9,875
-
-
9,875
-
15,000
-
-
15,000
-
55,124
19,893
-
35,231
-
263
263
-
-
2,210
-
-
-
2,210
-
13,484
95,692
22,430
-
86,746
73,262
-
-
-
10,000
10,000
-
-
-
-
10,000
10,000
39,380
101,584
93,518
(10,000)
37,446
52,864
197,276
115,948
-
134,192

Page 18