Registered Charity no. 1132178
The Parochial Church Council of
Ecclesiastical Parish Of St Mary
Magdalene, Lillington, Leamington Spa
Known as St Mary Magdalene's Church
Trustses Annual Report and Accounts
Year Ended 31st December 2024

st Mary Magdalene's Church, Lillington
Ye8r Ended 318t December 2024
Contents Pag•
Pago
Legal and Administrative Informaticn
Trusteas Annual Report
Independent Examiners Report
Statemenl of Flnanclal Actlvilles
Statement of Financial Position
Notes to the Financial Slalemenls
10

St Mary Magdalene's Church, Lillington
Yoar Ended 318t Docomber 2024
Legal and Admlnl8tratlv8 Inforniallon
Reference
Tho Charlty18 call8d 'Tho P8rochial Church CounGil of the Eccle8iasli(¥l Pari8h Of Sl Mary Magdaene,
Llllington, Lgaminglon Spa.. Thg Parochial ChurGh Council is known as Iha PCC for shorl. Other namas
which are usod th& charity aro %1 Mary Magdalone's Church.. Th8 Church is registered ￿1h thg
Chafily Commission for England and Walas 2nd was r@gigler&d on tho 16 Octob@r 2009. Bafora this Iho
church was oxempl from rogislralion.
Registered Charlty Nurnr
1132178
Reglgtered Office
Sl. Mary Magdalene Church
Vicarage Road
Loamirylon Spa
Wa￿l¢kgh4fO
CV32 7RH
W•bill•
lon
arishchurch or
Prlmary Bankerg
HSBC UK Bank plc
PO Box 88
The Parado, Leamington Spa
CV32 48U
Independent Ixamlner
Nigèl Wyart BSC FCA
Wyall & Co Chariqr8d ACC￿nIan{S
125 Maln Stro81
Garforlh
Lggd8
LS25 1AF

st Mary Magdalene's Church, Lillington
Yoar Ended 31st Dacomber 2024
Trugtees Annual Report
1. Reler•n¢e and admlnl$lratlve Inlomiallon
1.1. Tho Parochial Chuich C(wncil of Ihg Eccl•slasllcal Parish of Sl Mary magdal@￿, Lilinglon,
Lqafflington Spa
1.2. Sl Mary Magdaleno Church. Vkaragg Road. Lllinglon. Leaminglon Spa, CV32 7RH
1,3. The Par16h Offico, WKarago Road, Lillinolon, LaaM￿g10n Spa. CV32 7RH
1.4, Tnjslaas of tha charily (mgmb8ra ol ihg Parochlal Church Councll)..
Rgvd. Wllliam Smlh
Sally Ofuce (from 08105r22>
Robin Sluart Inn88
Revd. Rosemary Caroline
Panlling
Di Oiona Taulbul
Lucy Arn Dgan
Sarah Elizabalh Boad
ElganoT Mary Huckl8sby
Christino Anno Bullor
John Bullor
Rachel Duff
R•vd. Su• Falfhur81
PhilIp￿ Prilchard
Revd. Cgry8 Srnllh
Niol Slrydom
lan Jamta
Chalr
Tru8teo and Churohw8rdon
Trusleo
Truste
Twstge
Twslee 8nd Churchwardon
Twgtoo
Tru8t•o
Trust
Trustee
TnJ8tèo
Trust99
Tru8190
Tru3190
Tre8sur•r
Graham CoDpor
J•fftoy WSlllam$
Ali3on &mcoGk
Truslee
Truslee
Tw8loe
1.5. BankoTS lo Ihe PCC:
1.5.1. HSBC. PO Box 88, Tho Parad•, Leamlnglon Spa, Warwickshira. CV32 4BU
1.5.2. GCLA Inveslmenl Management Ltd. SenaloT Hou89. 85 Queen Viclofia Str891. London. EC4V
4ET
1.5.3. Th• F5nanci81 Ex8min&r lo Ihg church accour•tS ig Wyall and Co. Chart8r&d Accounlanlg. 12S Moln Slrartl.
Garfoth. Leed8, Wegl Yofkshlr&, LS25 1AF
1.6. Day4(￿aY ￿￿nagement of thg Ghurth Is In the hands ol Ihe Vicar, Rgvd. Wllliam Smilh,
Lillinglon VrATagg, WKaragg Road, Lillington. Leaminglon Spa. CV32 7RH.

St Mary Magdalene's Church, Lillington
Year Ended 318t Décembèr 2024
Tru8tee8 Annual Report
2. strncture, Governance and Management
2.1. Tho Parochial Church Councll18 a corporalo bcmjy eslabllshod by Iho Church of England. Tho PCC
oporales under tho Pamchial Church Council Pow8rs Al88SUM.
2.2. Tho WKar and tho Ireasuror ol St Mary Magdaleno aro also Ifuslees of a small charity, M•ch•n *nd Pershouse,
that was sét up ovor 100 yaar$ ago lo help Ihg poor of Lillington parish. Additionally. Ihero aro Iwo Iru81s.
Cumb•rl•nd •nd Cunnin9h•m. which Iho PCC controls. and the income from Ihe inveslmenls is used by PCC to
furthar Ihoif obieclNes. Both tha Cumbefl8nd and Cunningham Irusls were Itquidaled in the year ending 3111 Dec
2024.
2.3. PCC members afe appolntad In accordanc8 wlh Church R•pr•s•ntats'¢>n Rul•$.
2.4. New m8rnbef8 of Ihe PCC ara glven a copy of, and arè rèquired lo read,"Trvstégship - an
introducllon for PCC mgmbgrg.. Tho PCC appolnls on8 of ils number. or a 8uttable m8mb8r from
tho church memborship, a5 a Heallh and Saloty Ofticar wilh sp0￿01 r09Pt)ns1￿.1itY in this are8,
Similarly. tha PCC appoinls a 8ullably118inod mombor of Iha PCC lo ovor886 tho Ch￿￿h,$
rasponsibility lor tho salaguarding of childran ar￿ vulnorablo adulls.
2.5. Tho Iticar and Standing Commi11o0 mo01 lo propare the aganda prior to eath PCC meeting.11 is the
lunction of th?￿ méolings to en$uio Ihal matlgpJ aro br¢)ught lo Iho PCC In a limoly lashion.
2.6. Tho Slanding Commiltee meets fagularty lo onsuro Ihal the day-ItAay pr8cli¢al
busin•sg ol th• Church is carii•d loThYard in a limoly fashion.
2.7. Th• PCC havo agi68d on th• folkmlng fiv4 sub9roups'. Financa, Fabric, Charity, Nurturo, and Soci81.
2.8. Thè PCC minlmigés risk through inlalligenl managemanl of Iha church, Implemenlalh)n of sgnsibl
procoduies and adequalo Insura￿0. A comprehon8lve r18k a888ssmenl ha8 nol bèon carrlod out, but Ihere ara
Spgcific risk assessm8nl8 lor significanl risk aclNits"8s.
2.9. Tho negd lor a Rg3gtVo8 Policy wo8 idenlS11od and duly pul Inlo placg durlng 2022.
3. Obl•etlves and Actlvltl•s
3.1. Tho primary obleclv¥e of Ihe churchlg the promollon of Iho Gospal ol Jesus Chrlst accordlng lo the
doclrfn88 ol Ihè Church ol E￿land. Thè PCC C(￿OPera109 wilh th8 v￿aT in promolin9 Ihe whole
mi9glon ol Ihe Church: pasloral, ovangoll81ic, 8oclal and ocumaniol in Lillinglon Parish.
3.2. The Vlcar and PCC promoto Iho oblecllves ol Iho church in sevoral ways, induding mainlaining
8nd improving Ihe Sgrvicgs of WOTghip' tèaching Iha lailh Ihfough sormon $ori08 and homo groups;
proviglon of occasion81 olfic89 Iwaddings, baplisms and luneralg) for Ihose living in tho parish:
gngaggmonl in Ihg local Community Iospgci8lly I￿Ough tha Love Lillinglon inilialivo): working
closety wilh the local gGhool8, opon days and lairs, building r@lalionshlp$ wllh othgr chufche$ in tho
araa.
3.3. Pald employe83 conlflbul8 lo our oblèclivès by:
Cloanlng Iho hall (Oclagonl and parts of Iho church promL888
Padsh and sèrv￿￿ adminislr8li¢)n
Flnanclal admlnlstfallon
Music diraclion and leadership for garvwJ
3.4. Unpaid church mgmbars conlribulg lo our cojgclivas by:
Clèaning Ihè church and promisos
Malntalnlng Iha churthyard
Running ovonls such as school visils to holp young people lo engage with the work of Ihe church and lor tha
churth lo ongage wlth Iho IKO of our local community
Voluntoaring wilh Ihe local food bank and lood pantry and on tho Lli linglon Communily Action Forum.

St Mary Magdalene's Church, Lillington
Year Ended 318t Docombor 2024
Tru8to88 Annual Report
Wo havo our own inllialiva. Lova Lill#iglon. Ihat supwrls Ihe needy ol Ihe parish.
Leadiig Youth and thildren's work, such as Ihe youth group, chotr and worship band, and playgroup
Putting on social ovonls for tho church and ￿mmUnI1Y
Pfovidin9 homa commun#)n seNir*s for parishion8rs and local residential h)mes
Ct)ntribullng lo church $oNlcos by volunloerlng for the Welcome team. hospltallty, re￿Ing and leadlNJ prayers
Flowor arraThJiNJ
8811 Ringlng
3.5. The church supports local, nallonal and Inlgrnallonal chawilies with a commilm8nt lo a pwoportlon havlng o
Chrislian foundalion. In addlllon lo encouraglng congiegalional gwing Io spgcilic causes al Lent.
Haryest and Chrislmas, lh8 PCC also gives away a perc8ntag8 of its incom8 8ach year. 11 is
adv189d by Iho PCC Chailly Commillee as lo whlch cau808 Ihi8 fflonoy 8IM)uld go.
3.6. Chalr'8 Ropoll
Th￿ year's chaiT'3 report is wrltten by Ihe Curala on behalf of lh8 Vicar. who wenl on 8abbaliGal at ihe start of
January 2025. 1 am gratèful lo report on Iho aclivilios and conlwiued work m8d8 towards our vision ovor the
last year. I havo enjoyed supporting and ctrloadlng Ihls community, and I was grateful to share my rnini51erial
loumoy wilh thorn. I wa8 dolighlod10 8ett so many Gomg lo Iho calhgdral and lo rny first $9ryiCg prgsiding al
tho Euchari81 Ihls summ6r. I VAlua Ihalr conlinuad supporl. and l am so thankful for all Ihal they do lo support
tho church and thè (￿mmUnIty ol Lillinglon. A8 With prgvtous yoar's raport, Ihls faport is dlvidod Inlo four
$8clion$ focuging on ouf worship, digciplt¥Jhip, community and vislon.
Worshlp
Worship al Sl Mary Magdalang'9. Lillinglon conlinuas wlth 11$ wggular worship 89 wo1189 gervl¢eg for fegllv819,
spgcI81 occ8glons and occ4glon81 officag. Tho maln Sunday Eucharlsl Is al 9.30 am. w8 hava a waekly All Agè
Worshlp al 11.15 am on Sunday and a midwggk Communion Soprfica on a W8dnosday morning al 10 8m Ihat
conlinuog lo grow from slren9lh lo slrenglh. Once a month. ￿ continu8 lo havè an Evening Servicè al 6 pm
on lh• Ilfst Sunday ol lh• month, although ovgr tho last ygar, tha gly1& of woiship for this Sorv￿ has
divarsifigd. Tho gtyle ol wor9hip al thig in Iho mainlg sllll a Sa￿ $8Thko wlth hymns. bul wo havè al80
Inlioduc8d a moro inloimal 8ty19 ol worshlp that our worship band Igad wilh lollaciions Irom ong 01 ¢)ur clergy.
We conlinbJ8 to livastream our main Sund8y Euch8rigt sorvlco and our 10 am mldw8•k communion, 83 wèll 88
a fow wcownal office8, Being ablg lo lfve81rgam provlde8 acc988 and conn9clion lo our community rngmbers
who aro unable to allend church in person. This has conlinuad lo bo onhanc•d by an upgfado10 a moro
permanonl sysl8m In January 2024. Wè are fraquonlty rèmlndéd by Ihosè vtho hava béèn unablg lo allènd
church ol the importance of boing accessfft>lg onling and Ihal they slill f&01 conn8clgd Io us ovon lh(*￿h Ihgy
are unablg lo allond. With four nursing homeg In our parlsh, wo conducl monthly Communlon and hymn
3lngSng soThlces al the homos as wo11 as 5peGial seThiGe¥ lor Christma5. Easter and Harvesl. We have also
enjoyed a small increase In aM8ndanc8 lo our sarvice8 over the la¥1 year, bul wo Wefe parf¢cularly happy lo
welcome ovw 800 poople a¢roB8 our four Chrislingl8 services on Chrislmas Eve. In addilion, we wor8
honour9d to hold a service rnarking tho second annlvorsary of Ihg war in Ukrain8. This was a poignant and
emollonal Sgrvko Ihal gave 8paco for tho local Ukralnian community and Ihos8 who support thom lo corne
iogelher, lamonl and come bofor8 God in worship. WO have also had a $orviGg of blgS5ing for ambula￿9$
that aro Sonl oul lo Ukralne to support Iho88 on tho fronlline8.
Dl$¢lpl•Jhlp
We conlinug lo our growlng fallh as a vfjlal part ol our jouwney logelhgl aThJ with God. ThgrgfoTe. wg have
contlnuod to offor Ihoughtful teaching across all our ser¥icos from 9 pgopl&, both lay and ordaingd, who afe
part of tho 18achlng mlnlglry. Our homogroups continua lo m801 regularly lo expk)Tg what it ffleans lo be
followors of Chrisl. We have had sevelal new people Irom our congregallon loin our homegroups as Ih8y wanl
lo nuriuro their failh. Our youlh group conlirnJ8s lo mgel every week during lerm lime. We have advertised
tralnlng and suppori providod by our dioc950 p90pIg1o ind9Pgndenlly gxplorg Ihgk faith as w911 as
providir)g an oppotlunity lor mgmb9fs ol lh9 congT9gallon lo go on (elieal. Wa conllnue lo bg a Guiacy parbh
wilh our ¢ur818 boing prl8818d in tho Summor. Wo conllnuè lo régularly host visilg and lako assembliog in our
local schwls as w911 as an gducalional vlsil for year 3 chlldren to look al Ihe churth. 118 aichileclura, worshlp
and pl8c• In l¢xal community. Children al80 do sggsiong on Iho importanca of Iha loc81 war m8mowial and
an OVèTviaw of local Lillington hislory.

St Mary Magdalene's Church. Lillington
Year Endod 31st December 2024
Trustees Annual Report
Communlty
Wo continue to lake our fol8 in lh8 widèr community 8eriou8ty wilh our continuèd attendanrA and engagemanl
with Lillinglon's Cornmunily Aclion Forum. This is a lorum Ihal Invi198 local slakoholdw organisalions lo sharo
inlormation. ovonts. rosourcès and wisdom on local issuos. Wts also cthtinuè to supporl our local loodbank
and communlty panlry vAlh voluntoer8 and donallon8. In addlllon, our communlly Inlllalivo. Lovo Lllllnglon,
c￿nIlnU&S lo suppori th090, by ioforral. in our communty who nood support Ihrough aclion, granls and prayor.
Our paflsh magazlno conlSnuos lo bo Producéd and dolivored lo pooplo wlthin tho parish and, Ilko tho
Ilvaslrèaming. Is a connoclion to Ihé church for those who are unable lo altond. W• havè agaln produced a
Christmas Crosglalk lil@ magazina advartising our Christmas sèrvicas, although wa did not pri)duce an Easlor
vorsion. Our so¢Sal aclfvitios Ihis yoar havo includèd 8 bkno ￿11 walk, an open gardon sumrnor fèlo, film night9,
quizzes, suppor ovenings and the annual Christmas lair and monlhty coffee moinings. Wo havo al80 addod
Ihroe coff99 morning5 followiThJ our midweek communlon gorvice Ihat raiso ff￿neY for causos and charflios
8018cted by Ihè congragalion. Thosè havè beon for Ukraine. Macfflillan Cancer Support. and Proglalo Cancor
UK.
Vl$lon
Oui vlslon thg ¢hurch Is that we arg accesslble and adaplablg, vthlchlg 81 the IoTolronl of our minds in all
that we do {wor5hip. discipleship, and r￿Mmun￿). We are a gTade 2 listed building comprising moslly
Vlctorian archiloclure wllh some modlaval faalures. Consideffable work ha8 been dona lo advance our vision
of making our building accessibl8 and adaplable. We hava approved conlraclorg lo tyjild and install a ramp 01
our main 8nlranGg. avHI wg look fopward lo Ihe wortt slarting and being complolBd in springlstsmmer 2025.
Also, work has begn done lo advance our plans for maklng our Snloflor spaco more accossible and adaplablg,
as well as initial plan510 rodeyolop our OGiagon {chuich hall). We have ervJaged lundraiseis lo help us fund
our vlslon and comfflunlty Inlllallvo as well ag havlng oui own fundralglng e¥onl8 across Iho yoai. Wo 81111
commilled lo our vision and are looking fopward Io $99ing our plans start lo comg lo fruition over Ihg nexl yoor
or so.
4. A¢hl•v•m•nts and perfornian¢•
4.1, Average chufch atlendance por waak In 2024 was..
Adulls116+1: 90
Chlldiqn and young pwple: 12
4.2. The nufflber of OGCa8ional Offices in 2024 was:
Weddwigg: 1
Funerals- 13
Numbgr of pgoplo Bapllsed., 2
Numbor of p8ople Confirmod: O
5. Flnanclal Revlew
5.1, Al Iho end of 2024, Iha church held £471,253 in unrestr*t8d lunds. and hold £173,411 in resIr￿led fund8.
Income exce8d8d Expenditure by £14.304. Al tho gnd ol Iho yoar. thg lolal lund& hgld by thg church werg £644,664
5.2. The lolal cash al the end of 2024 - HSBC current accI￿nI was £36,380 and CBF FuDd (Churdb ol Englond
Managed Fund) wa5 £463,180, and £1.197 was hgld in Surndp anlj pelly cash.
5.3. The ¢haTilab19 poIKy inlr(MJuGed in 2010 rg8ullod in a charitablg donalts)n each monlh of Ihe ygar. Elovgn
charities were supporled ￿nancialty during Ihe year through the poliGy, providing £3,870 in donalions.,Addilionally,
donallons were speGifigd by donoT$ fof slx charlty appeals and pa8sed on by Iho church, provldlng £3,693 In
donation5 (including Gift Aid).
5.4. The designalod Vlcars ok8cr6l￿nary Fund held £1,916 al the 51art gf 2024 aTrJ dislrbulod £984, providing
fknandal a$$islance lo membgrs ol Iho community.
5.4. The Lovo Lillinglon Comrnunily ProieGI Fund received an income 01 £12,941 in 2024 and an expendilurg 01
£6,073,

st Mary Magdalene's Church, Lillington
Year Endad 31st Dècèmbèr 2024
TIu8tee8 Annual Report
5.6. No serious IncKlonts Of other mattors occurred during Iho year whith 8houkJ havg been b[￿ght lo thg allenlion
of lh8 Charity CommissKtrn.
5.7 RasaNas". Tha rosarvas hald at tho ond ol Iho year wera £471.253 In unrestricted funds, ol which £32,43319
hold as langlbl8 fixed a88e18, and £373,811 afè ￿ld in dosignalod fund8. Therefore, £64,939 was hold as fr68
rose￿@8. Thè r&vgrsa policy 1$ lo ring-f8nco 3 months, worth ol unrestr￿ted income in roserve. For 2024, the agr8od
18voI was £35.603. Thg Flnanco Comrniltoo haw ludood Ihal thls amount wlll onablo Iho church lo managa: a)
Throe monlhs. avaraga S￿nding on 0s8onllal iloms In our oxpendiluro budgal. for oxample ulillly blll$ 8nd slaff
expgndiluwo, lo allow tirn& lo d&v&lop naw sourc￿$ of Incoma or to cul back on folalod expondilure. bl Any short-
term amount ngoded lo covor 'lroughs' h) tho cash budgol
5.8 Al the dato ol approvlng tho accounls. Ihg Irusla99 GOn￿der thel Ihoro afe no malerlal fficortainli08 about Ihe
charity'a ability lo C￿tinUe a8 a ￿Ing concom.
O. Publlc Benefit Statement
6.1. Sl Mary Magdaleng ChurGh Lillinglon givgs duo con8ldoTallon to tho Ch8rily Commission's published guhjancg
on tha Publk Bongfll roqulremgnl ￿der tho Charilies Act 2011.
6.2. Th9 gdvoncemenl of the Chii81ian lailh in Ihg church bangfils th• public through tho hokjing of worship 891vic￿s.
prayol moalings. COUfSOS. groups, woddings. bapllsm8, lunarals and publi¢ rAlobralioTr of Chiiglian fogllv81s. Also,
supporting othgr chafttles and Indivlduals in npgd, contribu1￿g lo tha 8plrilual and mgnlal hoalth of Ihoso who attond.
and contr1￿ling lo the spknllu81 oducallon of ¢hlldfOn.
Trusle•8' R•spon8lbllltle8
The 2011 CharitigB AGI re4uirg IhB Board of Trust998 to preparo financlal slalomenls for each flnanclal year. whlch
glv8 a Irue and fair vi8w of Iha 91810 of Ihe charfly a8 al thè end of the financial year ond ol thg 3vrplu8 or deficll of
the charty. In proparing Ihosg financial 81alem8nls. the Board ig roquifed to., -
891gcI 8ullablg accwnllng polioes and apply them consisl•nlly.
Mako ludgrnenls and gslimalos Ihal are reagonabl• and prudanl.
Propafo finanGial slatBmenls on a going con￿￿ ba818 unl98511 Is inappwoptiale to we8ume Ihat tha trnsl
wlll t￿linU￿ in 8xist0￿9.
Slatg whelhgf applicablo accounting Standards and $1ol•m•nlg of Tocommandad Praclice have bggn
followod, subjecl to any malènal departuras di8clo8gd and oxplalned In Ihe linanc4al 8lalemoThl8;
Tho Irusl•os aro rospon8ibla for kooping proper accounting records, which disc1￿0 wllh r•a8onabl• accuracy al
any lime th8 finanrthl posrtion of Iho Ch8rily. Thoy 8f• also fèsponsibla lor Salaguarding tha 93g81s of Ihg Irusl
and, hence, l(x laklng ro08onable 8lep8 lor the prevant￿n and deleclion ol Iraud and olhèi Iwiégulafllié¥.
Slgned on bohalfof lh8 TfusIo08.............................
Name ofTnrntoe .
GOfLLI SMl71 f
Dato:.

st Mary Magdalene's Church, Lillington
Year Ended 31 st December 2024
Independent Examiners Report
I reF￿ lo thg trust998 on my oxaminalion of the financial slalemgnls ol Sl Mary Magdalone's Church,
Lillington {'Iho charlWI for tho yoar oThYod 31 Décembor 2024.
Responslbllllles 8nd Baits ol Report
A8 Ihg ITus199s of ihq charity you arg Tgswngiblo fof th& propafatwjn ol lh• financial slatom@nl$ Sn
accordanca with the faquir8m&nt8 ol tha Chaiitios Act 2011 1'lh& Act,).
I rèporl in r&sp@cl of my oxaminalion ol Iho ch8riV$ financial slalemonts Carwigd out und&r goclion 145
of tho 2011 Act and in Co￿￿ng out my oxamination I havo lollowod 011 Iha applicablg Dlréctic￿5 givèn
by Iha Char6ty Commission und8r seGllon 145(51(b) of Ihg Act.
Independent examlnefs Statement
I confimi Ihat l am quall￿d lo undertako Ihe examinallon bgcaug018m 8 momb9r of the Institute of
Chartgred AcGountsnl¥ in England and Walos IICAEW), which is of Ihp li8led bodles.
I havo rA)mplgled my examination. I confinn ¢hal no malgvial mattors have comg to my altenlion In
conngctK)n with Ihe examination giving rna causg lo bg1i9v& Ihal in any malgrial rgSP9GI:
1. accounliThJ roc￿￿$ wgre not kept in of Ihg charity os r8qulrod by sgdion 130 of Iho Ad; OT
2. Ihg finandal 61atomenl8 do nol aeKord wilh Iho80 re¢ordg: or
3. the Ilnanoal 81olom4n18 do nol comply with Iha applicablg rgquiTemon18 ¢fjn¢oming tho fom and
nlAnl ol arxounls 801 oul In Iho Charili08 IAccthnl8 and Hopo¢lsl Flegulalton8 2(Y)8 olhof Ih8n any
roquir8rn8nl that th8 accovnlg gwg a 'lrua s￿1 falV vl8w %thlch19 not a mallof c0rr81dof￿ as part of an
Indepondonl oxaminatH)n.
I hava no C￿nc•m3 and hav8 como acro88 ft0 oth8r mattors in connéclion wllh Iho èxamlnailon to
whlch attentlon should bo drawn In th18 report In ordef lo enable a propor under8tandlng ol the
occounl8 10 bo Igachod.
Niogl Wy8118SC FCA
Indepand8nl Examlner
125 Main Slrg01
Garf¢)rlh
L89dg
LS25 1AF
Dat•..
2•20

st Mary Magdalene's Church, Lillington
Year Ended 31 st December 2024
Statamont of Financial Activiti88
2024
Unreslricled Rest￿ted
Funds
Funds
2023
Tolal
Funds
Tolal
Pund$
Not•
Income
Donations and1ogac199
Chorilable actlvlllos
Adfvllie8 for gonorating income
In￿$1m•￿t income
113.795
10,068
7,735
16,518
39.453
153,248
10,008
7,735
17.663
127,515
7,343
6,552
16.￿7
1,14S
Total Incom•
148,557
40,598
189,155
157.417
Qxpendlture
Expenditure t)n charilabla aolivi11gs
Expendiiure on raising lunds
136.183
1,211
14,043
78
150.226
1,289
164,380
865
Total exp•ndftuf•
137,394
14,121
151,515
165,245
Net Incorne I iexpendltuwe) Before Galng1(Los•$i
11.163
26.477
37,040
{7.828)
Galnl(108s) on inv08liTignl portfol
Goi￿(10•$) on invoslrnonl prowrty
11
io
2.181
2.181
(25.517)
8,259
125.517)
114,3S4
N•1 In¢om• l (Ixp•ndllur•) Includlng GalnsllLose
28,658
14,304
431
Net Incom• and N•t Mov•m•nt In Pundg
Total fundg brr￿9￿ lorward
Transfors
14
14
471.443
14,164
158,917
(14,164)
830.360
629,929
Total Funds Cafrfed Fonmard
14
471,253
173,411
044,664
630,360
All Incomo and wandlturo darfvo frorn cx)nllrning adivi11gs.

St Mary Magdalene's Church, Lillington
Year Ended 31st D•cembor 2024
Statement of Flnanclal Po8ltlon
2024
2023
Note
Flxod Asset8
Tangiblg fixed assels
Inveslmonl proporty
Inveslmonls
32,433
24,600
398,466
95,281
10
11
97.462
129,895
518,347
Currenl Asgets
Doblorg
Cash 31 bank and In hand
12
17.087
9)0.757
2.513
114,897
517.844
117,410
Credltors: amounts falllng du• wlthln on• yèar
Net Cuffrenl A•••ts
13
3,075
5,397
514,769
112,013
Toial Assels Les• Current Llabllllle•
644.664
630,360
Net Asgets
15
664
630,360
Punds ol the Charlty
R8slricl8d lunds
Unreslricled lund3
Unr8stricl8d g8noral
Doslgnaled lunds
Toial Charlty Funds
14
14
173.411
158,917
64,939
406,314
46,461
424,982
644,864
030,300
Dlrectors Responslbllltles
Those financlal statomonls wero approved by Iho board ol Irust008 and aulhorlsed lor Issue".
Nam• of Trustee:
tyrrH
Slgned on eehalf ol the Trust•e$:
Date of Approval:
25

st Mary Magdalene's Church. Lillington
Year Ended 318t Decembor 2024
Notes to the Flnanclal Ststemènts
1 Accountlng Pollcles
Basls ol Preparallon
The financial slal6m6nls havé boon prèparèd in accL)rdanca with Iho Slatamonl of
Recommgndod Praclice. Accounting and Reporting by Charili8s Financial Reporting
Slandards applicablg In Ihe UK and Republic of Ireland {Chariligs SORP 2019 FRS 102)
a￿1 Iha Charili&s Act 2011.
Assessment of Goln9 Conc•fn
Proparation of Ihg accounts Is on a goSng concem basis. T￿ Iruslaos ¢onsid8r Ihat th8r8
awe no malgrial uncgrtainlles aboul Iho thaiws ablllty lo conllnuo a8 a going concern,
Pund Accounllng
Unroglrlclod Incom6 funds C4Jmpri80 tho80 lunds which tho Irug1909 aro froe lo use lor any
purpo80 In furlhgranco of Iho charilablo objocls. Unrestrict￿ ￿ndS I￿lUd0 dosignalod
funds whore Iha Irusl869. at Ihoir dis¢r•lion, have 80188ide f&8OUW¢•8 lor a 9po¢if
Rgstrktad fund$ Ofo fund8 which are lo bg u8gd in accordancg wilh Spgcific regtrKliong
•mposgd by thg donor or th& twm of gpe¢lf4¢ appoal. often know a$ a 'spgoal offoling. in the
church.
Further explanation of the nature and purpose of each fund18 included kn tho r￿1•3 lo the
accounts.
Incomlng Itesources
All Incomlng regouTCaS aro r8cw188d th)ca tha charily ha8 gnlillomonl lo tho T•8￿￿¢0$,11
Is probablo Ihal tha rg$our¢98 wiu be rocoivgd, and the monetary value of inc(￿￿9
rosourcgs can bo measuied *ilh sulfic48nl r•liabilAy.
• AJI volunlary In￿Me from momberg ol the Ghurth are recognlsed 89 don811￿$ and are
kncluded in full, wilh as8oGiated Gift Awj weGgivablg in lh8 Stalem8nt of Flnand81 Acllvltl•$.
. Grants wh•r• •niill8mont is not wmlilional on tho dolivary of gpgcific p8rfornianc8 by lh8
charity Arè fyAJgnlsgd whgn Iho charlty bocomo9 unCc￿dIl10na1IY enlllled lo the granl.
Income resourcas from Gharilablo trading activitios 8uth as 1ho10mi￿ of Ihg bulldlng afo
accounlod lor whén Invoic99 arè up (89 poinl ol gnlillamanll.
Donaled 8ONiC88 and f8cHllio8 arè Includéd al tho valug lo Iha charily wh9ro this can tj
quanlffi8d.
• Glfls In Klnd alè accounlod for al g reasonabla ogtlmalg of tholr valuo lo charlty or Iho
8mounl xlually 1gali8od.
• Voluntoèr tlmo, thé valuo ol volwrtary support for the w￿k ol thg church is ￿1 includod
Ihg accwnls bul is d88cribod In Ihg Tiusl•o8 annual ièport.
• Invé8thwnl incom818 Included in lh8 aGGounls receivab￿.
io

St Mary Magdalene's Church, Lillington
Yoar Ended 31st Decombor 2024
Notes to the Flnanclal Ststement8
Resources Expended
Expgndilure 18 rgccqni89d on an accrual basis as a liability 18 I￿￿￿•d. Liabililios ar•
ra(x)gnisod whor61118 More Ill(6ly than not that Ihoro is a logal or conslruclivè obligalion
commilting Iho Ghaiity lo pay oul the resoufces and the amounl of Ihe obligation can b8
mèasu1￿ with r&asonablè cgrlainty.
Governance Costs
Includ& t￿19 ol lh& prép8rallon and 6x8minalion of 8talulory accounts. thg costs of tha
Iruglg99' maolings and cosl of any kgal advlco lo trusto08 on govamancé or c4ins1ilutional
maller8.
Llablllty Recognftlon
Liabililios are reeAgni8ed as g￿n 88 Ihor•18 a log81 or ¢onglmcllva oblrgalion ¢ommitting
Ihg charity lo pay (Art ra8oUrC￿s.
Tanglble Flxed Asselg
All assels co8llng mar• Ih8n £700 aro capi&118ad and al higloric o)gt. Fixed 8ssalg ara
slaled 81 co$l1959 a￿um￿l019d dgproclallon. Deproclallon Is ctharged on furnitUT8 and
wipmenl bthich18 wtltton off on a slralghl.rlno bag18 0￿1 Ilmo ostlmalod useful lfvè of tho
888è1. Land and buthlings aro depr￿1910d ovgr 50 years.
Buildin98
EquSpmonl
50 yeaf8 straighl Ilne
2-10 ygar8 slraighl lino
Penslons
Tha charlty oparal•s a dèllnad contribulitin pgn8ion sd￿￿8. Contribuliong are chargad to
Ihg Slalomonl ol Flnand81 Aclivllios as Ihgy beciNne payablo in aGGordance wilh the ￿183
of Ihg ￿laMe.
Operatlng L•a8eS
Rgnlal thargos payablg undgr oporatlng loasos are chargod on a straight line basi8 ovar
th910￿￿3 of Ih91gaso.
Taxauon
Tho charify Is oxompi ir(xn tax M ils ¢harilablg aclivilios.
li

St Mary Magdalene's Church, Lillington
Year Ended 318t Docembar 2024
Notes to tho Flnanelal Statements
2 Anaty$l$ of In¢ome
Unroslriclad Flestrlcted Total Funds
Fund8
Funds
2024
Donatlon8 and L•gacle5
Donations
Gfft ald
Donat￿ goods and serylceg
Léga¢ios
Gfant$
96,407
17,388
29,402
4,051
125.809
21,439
6,000
39.453
6,000
153.248
113.795
Charftoble Actlvllles
WeddI￿j and funeral f908
Oclotot8
9,872
9.872
196
10,068
10,068
Actlvttlèi lor Generallng Income
Lettlngs and room hire
7,735
7,735
7,735
7.735
Inv••tm•Trl In¢om•
Bank and invè8lménl Intèrèst and divKhnd income
Rantal incorna from inveslmenl proporty
8.981
7,537
1.145
10,126
7,537
17,803
16,518
1,145
Ixier
Olhor Income
441
441
441
441
Total Income
148,557
40,598
189,155
12

st Mary Magdalene's Church, Lillington
Year Endod 31 st Decembei 2024
Not•8 to the Flnanclal Statemen1¥
An•tysls of Income Coni.
VnT8slrict8d R8slriclgd Total Funds
Funds
Fund8
2023
Donallons Jnd Lega¢les
Donations
Gift aid
Donalgd goods and 89ivice8
Logad08
Gran18
84,182
17,324
17,$45
5.451
101,727
22.775
13
13
3.000
2.000
103,506
24,1
127,515
Charttable A￿l¥ltIeS
Wgddlng and fungral fgos
7,175
7,175
7.343
7,343
Actlvltles for Generatlng Incom•
Lolling8 and room hiro
6,552
6,552
6J52
Inv•$imeni In¢om•
Bank and Inv081manl Intorèsl dlvidond incom8
Rent81 Income from Invosimonl pro￿rtY
4,464
10,800
743
5.207
10,800
15,264
743
18,007
Other
Olhar Incom•
Tolal Income
132,665
24,752
157,417
13

st Mary Magdalene's Church, Lillington
Year Ended 318t O•cemb•T 2024
Not08 to Iho Financlal Statemènts
3 Expendllure on Charllable Acuvllks by lund Typ•
Unreslrl￿od Reslflclod Total Punds
Funds
Funds
2024
Admlnlstralion costs
Btsildlng and mainténancè u)8ts
Churth and Missil￿ aclrviligs
Communlcalion costs
Detx8clallon
Glts givon lo chartly
Parlsh sharo
Staff rola1￿ co8ls
Stsff sal81108
18,150
13.S14
9,276
2,486
2.275
4.854
62,OCrf)
189
23,439
136,183
1&150
17.869
14271
2.480
2.275
8.547
62,000
189
23,439
150,226
4,3SS
5,995
3.693
14,043
Unfeslrictad Ra8tricled Total Fvnds
Fund8
FuThJ8
2023
Adminislrallon costs
Bulldlng and mainlenance cost8
Church and mission aclivths
Cornmunraknn co818
Glfts glvén lo Charity
Parish share
Staff rg101od costs
Staff 8alarle8
18.688
19,426
6,328
2,179
3,625
62,IXIO
18,088
41.731
12,099
2,179
0,572
02.000
634
20,477
22,305
5.771
2,947
20,477
133,357
31,023
104380
Parlsh 8hare
Sl Mary magda￿n@ Chureth 18 a parish chvrch ol Ihg Chufth of England In tho Dlocose ol Covonlry. By
maan8 ol Parish Sharo lh8 Dioc￿0 h8lp8 t￿ funding of minislor9, pathularty parochial clgrgy. Iho
work of varnus Diocesan bodigs and ¥wrk of the Church of EnglaThJ as a who19. Thg DioGo99 is a
community cosourcino a common lask. and not a charlty Irwng lo raisè lunds lo mg91 a nged. In 2024.
Ihg amount paid by lh8 PCC undar Iha parish share was £62.OtKI12023'. £62,OCKI).
14

st Mary Magdalene's Church, Lillington
Year Ended 31st December 2024
Note8 to the Flnanclal Staternents
4 expendllure on Ralslng Fundg
Unrgslriclgd Rg8lriclod Total Fund9
Funds
2024
I￿estMent proporfy mainlgnance
Fund raiging
1,211
78
1,211
78
1.289
Unroslrlclod Re81rlcled Totsl Pund¥
Funds
FUN18
2023
Invoslmont propety malnlen8nce
Fund r81glng
865
865
865
865
S Volunteers
The chufGh benefits greatly tr(Kn lh8 voluntary contribulion8 of lirne and money by 118 fo￿al mernber8
and iegular allondoos. Plgaso rolgr lo the ITusleo's report for lurlhgr dglail about voluntger
nlribulions in tho organi88llcm.
6 Independent Examlnatlon Pees
Fe88 payablo lo Ihg Ind8pendenl examiner lor:
2024
2023
lThJo￿ndOnI examination and Fyeparallon of Ihè financial
slalemenlg
1,274
1,225
Is

St Mary Magdalene's Church. Lillington
Yoar Ended 31st Decembor 2024
Notes to the Financlal Statement8
T st411 Costs
Tho total slaff c05t8 and employe8 bgngfi18 f(Y Ihe roporting Pgfk)d are an8ly3ed as follows..
2024
2023
W8g88 and $2laTiWJ
ial $8curity costs
Employar conlribulions lo pension plans
22,932
19.998
507
479
23,439
20.477
Thg avgrag9 ho8d covnl ol offlployoes during tha year was as fcAIow8:
2024
2023
Avoraga Head Count
Numbai ol ampl0￿09 Ihal I￿91¥￿d ampl0￿• bénafils of mora Ihan £60.000 duriThJ tho yoar was a8
follows:
2024
2023
Moro than £60.000
Tho kgy managem8nl pew8onn81 of thft organi8allon18 the Vlcaf and Church wardon. N8llh&r re￿1ve
any romunerallon as grnpIoyg99 from the PCC.
8 Thistee RemuDer￿1Qn, Expen¥e8 and Donatlong
DU[W￿ yoar. 10 trug1g•s incurr8d oul-ofy¢ked •xponso8 lolalling £6.099 (2023: (g Imstees,
£S.474) Wthich wora all Incurrthl for Iho day lo day running ol Ihe chadvs ac1lvll1￿. The typeg of
expendllure Incl￿19 travol cl￿18, mlnlsty costs, adfflinlslrallon 8xpen8e9 and purcha8• 01 gquipmgnt.
During Ihe ye8r Iho tolal aggf@gal•d donallons mado lo tho charity by Ihg Irugtag's W88 £17,489
(2022.'£23,6271.
16

St Mary Magdalene's Church, Lillington
Year Ended 31gt December 2024
Not08 to the Flnanclal Statement8
g Tanglble Flxed Asset*
Land aThJ
Buildings Equipm&nl
Total
Cosl as al 1st January 2024
AdditH)ns
82.000
82,000
11,748
11,748
11,748
Cosl 89 gl 31st Decgmbar 2024
82.01)O
93,748
D8preciation ag 811st January 2024
Depreciation Chaige
Depreciation as al 3181 D￿mbar 2024
57.4C4)
1,640
59.040
57,400
3,915
61,315
2,275
2,275
Nol Book Valu• as al 318t D0￿mbar 2024
22,9iJO
9,473
32,433
N81 Book Valuo a8 al 318t De¢ambor 2023
24,600
24,600
Th9 land and bulding9 held by thg thurch compromlgo of.,
Oclagon {ChurGh Halll buill in 1987 co8liThJ £82,000 and dgpreGialod ovgr SO year8.
10 Investment Pioperty
Total
Valuallon
At 1 January 2023
Unreallsad galn 111088)
Oisposals
Al 31 December 2023
398,466
(25,517)
(372,949)
Tho Invoslmenl propgty, 34 Limo Avgnug. wag sokl on tho Slh S9plgmbgr 2024 lor £372.949 Iho
proC￿odS from tha galo 15 held in Iho Limo Slrg01 Building proceads fijnd. Thg10gs mad8 on Iho salo 01
the property was £25,517.
17

St Mary Magdalene's Church, Lillington
Year Ended 31st December 2024
Notes to the Financial Statement8
11 Investhientl Held as Plxed Assetj
2024
2023
Invaglmgnl kK)rtlolio valualion
97,462
95.281
97,462
95,281
2024
2023
Mafk•l valuo broughl loThYard
Salg3
Unrgallsed gain l (1088>
M•rk81 valuè eAnigd f(Thard
95,281
87.022
2,181
8,259
95.281
97,462
12 Deblor¥
2024
2023
Ac￿￿nIS r•e4lvab
Propaymgnts
14.g24
2.163
2,272
241
17,087
2.513
13 Crediior•: amounts tslllng due wlthin one year
2024
2023
Accrualg
Tral8 craditors
1,284
1,791
3.075
1.225
4,172
6,397
18

St Mary Magdalene's Church, Lillington
Ygar Ended 31st Docember 2024
Nole8 to the Flnanclal Statemonts
14 Anatysls of Charltable Fundi
1 Jan 2024
Incomg Expgndiluro Gain3lLo3os
Tran818r8 31 Dec 2024
Unrestrfcted Funds
Unreslrlcted
Go￿181 Fund
46,461 148,SS7 (134,770)
4.691
04.939
Oesignated
Land & freehold
buildirys
Llme Street building
salé prac￿d8
VI￿¢9 di$uolK)nary
lund
423,066
11,640)
{25.5171 1363.4761
32.433
372,949
372,M9
1,916
1984)
932
Total Unrejlrletéd
471,443 148,557 (137,3941
125,517)
14.164
471.253
Re$trletsd Pundi
Bell rope fund (HC
Burt Boquest)
BroJJca8llng
8quipm8nt fund
Childfgn lamill
project wo￿￿T
Church reordering
(buildiro work) fund
Chur¢hyord lund
(Homsby boquesll
Chur¢hy3rd
mairblonance
(Hlpplsloy béqu￿1
Cumb8rland Income
lund
Fabric fund IEC Burf
Lovg Lilliwlon fund
Organ fund
Re8lricled gifts
11,953
146
11099
4,401
254
{4.655>
12,1XJO
11000
35,487
11,043
(4,106)
{8,6101
34814
29,892
198
(297)
655
31448
7,028
48
48
158
7,282
899
(899)
60,372
9,502
1,222
01,594
16,370
293
14891
12,941
293
2,922
(6,073)
282
(3,693)
Total
158,917 40,598
2,181
114.1041
173.411
Total Fund¥
Total
030,360 189.155 (151,515)
(23.3361
644.664
19

St Mary Magdalene's Church, Lillington
Year Endod 31 st Decem￿1 2024
Note8 to tha Flnanclal Stalemenl8
Anatysls of Charlrable Funds conr.
1 Jan 2023 Incomo Expondilurg G8inthg9
Tr8n8fors 31 Dec 2023
Unrestrl¢ted Punds
Unrestrlcted
Ggneral
26.708 132.66S 1132,030)
19.118
46.481
Deslgnated
80ryl Réd*yx)d fund
COVID omowggncy
r9$pOn￿ fund.
Renamed: Vlcars
digcralionary fund
18.006
118,006)
(370)
1.918
Land & freehold
buildlng8
wa￿l¢k DC COVIO
grants fund
424.706
11,640)
423,060
31,169
1182>
130,987
Total Unreslrlcted
502,875 132.665 1134,222)
2•.875
471,443
Reslrlcted Fund•
Love Lillinglon fwKI
Fabric lund IEC Burt
Logacy)
8011 rope lund (HC
Burt Boqu•g11
Organ lund
Server8, abs lu￿1
Youth w)rk fU￿j
Ch￿IsterS, lund
Churchyard fund
(Hornsby Bequesll
Cumbedand inGOrnO
lund
Re91ricted glfts
ChuTchyard
maintenance
{Hippisloy 8oquost)
Church Rwdgwlng
(Bulldlng work) Fund
Music fund
11,661
3,812
(5.771)
9.502
55,744
4,628
60,372
11,398
11,953
976
(222)
(774)
134
(244
{22)
50
244
22
26,732
632
2,478
29,892
18
(18>
2,865
(2,947)
282
6.324
7.028
1,250
16,004
(12.9361
31,169
35.487
15
120)

St Mary Magdalene's Church. Lillington
Yeor Ended 31 st Dec•mboT 2024
Note8 to the Financlal Statement8
Anatysls ofchartiabl• Funds conL
l Jan 2023 I￿om& Expondilure GainslLosès
Tfanslars 31 Dec 2023
Re$irt¢red Funds ConL
Broadcasling
oquipmonl fund
Churchyard non
lagacy fund
12,240
1,490
19,147
(182)
4401
50
(50
Total
127.054 24,752
(31,023)
8,259
29.875
158.917
Total Punds
629.929 157,417 (165.245)
8,259
630.360
Fund Tran*leis
BroadGa81ing
oqulpmont fund
As581 ol Broadcasllng aqulpmgnl Iransforrgj to Goneral fund lor
d9prec￿lI0n
Chuf¢h loordering
(bulldlThJ workl fund
Ftsnds translerrod lo support tho o)st ol Iho broadcaglln9
gwipmonl a8801 PUf¢ha$g
Cumbadand Fund
nvoslmenl fund was liquldalad during the yoar and tho lundj
wgra avalbl• for ganeral purposes.
lund O••crlptlons
De•Ign￿ed Fund¥
Baryl Re(k¥wd fund
Daslgnated fund lollowing 8 hist￿10 legaoy ihal raqulrag thg
PCC'$ approval lo bg u80d.
Fund Ihal holds lh• v8luo ol th• Irèghold land and builrfings.
Proc99ds from Invg8tmonl proFgrty 8019.
Land & fr••hold buildings
Limo Slrggl bulldlng
sale procoeds
Warwlck OC COVIO
gran18 lund
Wa￿liCk District Councll Cov#1 Gianl lo bè 8penl on 8upporliThJ
ac¢éss lo Iho Church by tho ¢ommunity {agrgod at pcci
Regtrlcled Funds
8911 rope fund (HC
Burt Bequesll
Churthyard lund
(Hornsby Baqu&$l)
Chuwchyard
mainl&nanc&
(Hippisloy Bgquèsl)
Cumbarland incomg fund
Int•nded for malnttananco of I￿11 ropes.
Fund lor the mainlenanGe of the churchyard and graveyard.
Fund lor th8 doubla gravo and the residue for lh8 churthyard.
Fund raised to pass ￿t0 Curnbgdand Charty.
21

st Mary Magdalene's Church, Lillington
Year Ended 318t Oecemb•r 2024
Note8 to tho Flnanclal Stalémenta
Fabr￿ fund {ÉC 8urt
Logacy)
Love Lillinglon fund
Inlondod for maintenance of church la￿1¢.
For 8upp)rt and care of mambor8 of Ihè local comfflunlty typlcaly
by PFovidlng one-off Ilemg or prolecl malwlals.
Intendod for malnlènanco ol eJ)urch organ.
U88d for Ihe rocoipl of funds lor sp&clfic appgals.
Mon8y donat￿ for Ihe anll¢lpalgd work lo improve Ihe Inlerlor
aThJ aGGgssknility of the Ghurch buildiTrJ.
Monoy donat￿1 lor use for tha plann8d projacl lo install
broadcasting equipfflent and improve the AV provlslon ¥rilhin th9
churth Lwmllng.
Organ lund
Rostrictod gifts
Church rtaordeflng
(building workl lund
Broadc881ing
aquipmonl lund
15 Anaiysls ol Net Assets eetween Pund$
Un1081dcted Re8trklad
Total
Funds
Funds Fvnds 2024
Fix•d a88018
Currenl a888t8
Cr8ditOfS1488 Ihan 1 yoar
32.433
441.895
(3.075
471,253
97,462
75,949
129.895
517,844
13.0751
044,664
173,411
UnrastnGtod R98tricled Tolal Funds
Funds
Funds
2023
Fixed assets
Cuffénl 888•ts
CrodllorJ1088 Ihan 1 wr
423,(66
51774
(5.397)
471,443
95,281
63.636
518.347
15,397
630,380
158.917
16 Conmcrilod Land and 8ulldlngs and olh•r Church Prop•rty
The PCC has the uso of tho chwch property whlch is exduded from Ihe accounls by virtue of 8.10(21
of Iha Ch81i1198 Act 2011. Movablè church furnlshings hgld by Ihg VIc8r and Churchwardens on
oclal Irusl for Iho PCC and which fequlre 8 faculty lor di$po8al arè ¢apilallsed whore appTowia1g
and all￿aled to Iho approprialo Ilxad assgt calggory. The church halls and certaln clergy
aGcommod8lion arè hold in Inigl by Ihg Covanlry DiocagAn on beho11 of Iho PCC. Tho9& proporllos ar•
ossenllal for tho mlsglon of the chuwch and have beon in ug0 for many years. AcGordlngly, they havo
nol been capilali98d as Ihorg is Ingulfidenl cost infoimali(￿ and their dgpfgTraled c031 is unlikgly lo be
fflatgrial. All oxpandilur• on cons•eAalad or buildings 18 wrillgn off in Ihg ygai ol èxpgndilura.
22

St Mary Magdalene's Church, Lillington
Y•ar Endod 31gt Dècèmber 2024
Nota8 to tha Flnanctal Stat8mont8
17 Relaled Party Transacllons
Durlng tho y&ar Mr8 Rachaol Joffèrios a clo80 ralatlvo to Rov Wllllam Smlih {Chalr of PCC) was
omploygd lor hor rolg of Muskal Diieclor, Durlng tho year she recoivt3d a lolal remuneralion of £7.811
12023: £6,856).
Mr Joseph Taulbut a dose relative to Dr Olana Taulbul {memb61 of tha PCC) was Omployed by th8
church. Duflng tho yaaf hè fécélvèd a lolal fènumérallon of £564.
Mr Colin a dose relalbve lo Sally Druco (member of the PCC) was paid for provlding singlng
luilion. Durir¥J lh• yè8r ha rocèiv￿ a totgl rènumarglion 01 £1,040.
23