Parochial Church Council of Holy Trinity Church Boston AN[UAL REPORT OF THE PAROCHIAL CHURCH COUNCIL For the year ended 31 December 2024. ADMINISTRATIVE INFORMATION Holy Trinity Church, Spilsby Road, Boston is part of the Diocese of Lincoln within the Church of England. Under the temis of section 3 of the Parochial Church Councils, (Powers) Measure 1956 the Parochial Church Council (PCC) is a body corporate and a charity registered with the Charity Commission - Charity Registration Number." 1132300. The accounts have been prepared in accordance with the requirements of the Charities Act 2011, the Statement of Recommended Practice "Accounting and Reporting for Charities" (FRS 102) issued by the Charity Commission, The Charities (Accounts and Reports) Regulations 2008 and the Church Accounting Regulations 2006. PCC members who have served from l January 2024 until the date this report was approved are as follows: Incumbent Rev Lis Ward Rev Ian Ward Rev Jon S irs-Davies Miss Eden Prothero Susan Matthews Chair until 5.5.24 Associate Vicar 11 S.5.24 Until 31.8.24 Until 31.8.24 Curate Youth Worker Pastoral Outreach Worker Churehwardens Mrs Sandra Snell Mr Francis Abiodun Mrs Heather Percival Mr Edward Barkham Mr David Wilkinson Mrs Carol Acheson Mr David Acheson Dr Sola Taiwo Mrs L nda Ball Miss Ellie Blackburn Dr John Chelladurai Mrs Moira Goddard Mr Dann Grint Mrs Diana Hale Mr John Ho kins Mr Ant Jackson Mrs Leila Peel Mrs Heather Percival Mrs Paula Sar eant Mr Phili Smith Mrs Sandra Snell Dr Sola Taiwo Mr Graham Tulloch Nikki Jackson Until 7.4.24 From 7.4.24 Treasurer Representatives on the Deanery Synod Representatives on Diocesan Synod Until 18.6.24 From 7.4.24 Elected Members From 7.4.24 From 14.5.24 Until 7.4.24 From 7.4.24 Until 7.4.24 From 7.4.24 From 18.6.24 Until 31.12.24 PCC Secreta
Parochial Church Council of Holy Trinity Church Boston TRUSTEES. RESPONSIBILITIES IN RELATION TO THE FINANCIAL STATEMENTS The Trustees are responsible for preparing the Trustees. Report and the financial statements in accordance with applicable law and regulations. Charity law requires the Trustees to prepare financial statements for each financial year in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under charity law the Trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charity and of its net incoming/outgoing r¢50urces for that period. In preparing these financial statements, the Trustees are required to: select suitable accounting policies and then apply them consistently. observe the methods and principles in the Charities SORP. make judgments and estimates that are reasonable and prudent; state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial ststements. prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue to operate. The Trustees are responsible for keeping proper accounting records that are sufficient to show and explain the charity, s transactions and disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 201 l. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. STRUCTURE, GOVERNANCE AND MANAGEMENT The method of appointment of PCC members is set out in the Church Representation Rules 020-__Alf churcli atten ees are encouragel. to register on the -Electoral-Rol-l and stsnd-for election to the PCC. Members of the PCC are aware of w)tential risks both financial and otherwise that might occur either in the church or the Trinity Centre (church hall). They have tak¢n appropriate action to control and minimise these risks. There are five PCC Committees, which meet between full PCC meetings. These are: HR Group Finance & Fabric Committee Leadership Advisory Group Mission Support Group Standing Committee
Parochial Church Council of Holy Trinity Church Boston Members of the Prayer Ministry Team are currently available after the main morning services. Our current service pattern is as follows: Sunday 8.00am 10.30 am Worship and Grow Together (All Age) Worship Together Worship Together with Evening worship Holy Communion Worship Together Worship Together 6.30 pm Evening worship with Holy Communion nd Holy Communion Holy Communion Holy Communion Messy Church Evening Worship is an infornial service (which takes place in the prayer space in Church) Groups for children and young people meet during l 0.30am services except for I, Sunday of the month. CYFA (Youth Fellowship) meets on Sunday evenings. OBJECTIVES AND ACTIVITIES Holy Trinity's Parochial Church Council (PCC) has the responsibility of co-operating with the incumbent in promoting in the ecclesiastical parish the whole mission of the Church, pastoral, evangelistic, social and ecumenical. It also has responsibility for the management of the Church property in the parish - Holy Trinity Church, The Trinity Centre (the church hall), and 43 Spilsby Road. ACHIEVEMENTS AND PERFORMANCE Church Attendance There are 192 members on the Church Electoral Roll. Of the 192, 107 (56%) live in the parish and 85 (44 %) live outside of the parish. This is a decrease of 7 members on last year's Electoral Roll. The average Sunday attendance in person during 2024 was I l O adults and 22 Children. These figures include attendance at 8:00 am Holy Communion, 10:30 am Service and 6:30 pm Evening Service. Attendance at Special Servic&s was as follows: Service Easter Da Harvest Festival Christmas Carol Service Crib Service Christmas Eve Christmas Da Occasional Services in 2024 In Person 161 adults and 36 children 129 adults and 23 children 164 adults and 34 children 44 adults and 24 children No Service 64 adults and 20 children Ba tisms Thanks ivin for the ift of a child
Parochial Church Council of Holy Trinity Church Boston Weddin Thanks ivin for Marria Funerals in Church Burial of Ashes Confirmation elBlessin Review of the PCC Year In 2024 the PCC met 10 times. The average attendance at PCC meetings in 2024 was 78 % (65 % in 2023). The APCM was held on Sunday 7 April 2024. Francis Abiodun and Heather Percival were elected as churchwardens. At the first meeting of the new PCC on 14 May 2024 the following elections and appointments were voted on and approved: PCC Lay Chair: Francis Abiodun PCC Vice Chair: Heather Percival Deputy Churchwardens: Jane Flynn, Caroline Jackson, Bary Moseley PCC Treasurer: Edward Barkham PCC Secretary: Nikki Jackson Minute Secretary To be shared by various members of pcc Subcommittees were also appointed- Standing Committee, Fabric and Finance and HR. The Leadership Advisory Group and Mission Group continued to meet, and reports were regularly received from subcommittees and from the Treasurer, Pastoral Outreach Worker and from the Youth and Children's worker. During 2024 many items and challenges were thoughtfully and prayerfully considered by the PCC. We welcomed the Archdeacon to our May meeting when she set out the procedure for the vacancy. The replacement of the side projectors with LED ones due to malfunction were approved. A new Health & Safety Representative was appointed Reordering Project - This committee continues to meet and push the project forward and report in to the PCC Many thanks to all PCC members and members of the church who so faithfully attend meetings and sub-committees throughout the year. Also, thank you to everyone who has helped, prayed for and supported the work of the PCC during the course of the last year. The prayer support of the church is vital to the work of the PCC.
Parochial Church Council of Holy Trinity Church Boston Holy Trinity Church FabrRC Report 2024 The fabric of the Church, The Lounge, Trinity Centre and 43 Spilsby Rd remain in good order. We are very grateful to Bill Walker and all those who give of their time, expertise, and flnancial support to maintain the buildings, church yard, grounds and gardens that are entrusted to us for the use of future generations. In addition to the routine cleaning and maintenance activities that go alongside maintaining any buildings that are used by the public the following is of note. Carl Andrews the Architect was appointed by the PCC and produced 3 options for the feasibility study into the reordering of the inside of the church building. Church, Lounge and Churchyard As old Church Lights start to fail we are continuing to replace these with LED lights Church Lounge disabled toilet has been refurbished with a new floor Church lounge small toilet has had its macerator replaced and a higher toilet pan has been fitted. Give and take box repaired and repainted New Welcome sign put on glass over front door New easy release bolts have been fitted to all the doors New taps fitted to han(hvash sink in the Church lounge kitchen New external lock fitted 2 Church Working parties took place to keep the graveyard tidy A tree survey was undertaken Trinity Centre We continue to spruce up internal doors and skirting Kick plates and new handles to doors have been updated New extemal lock fitted New high-level curtains were fitted to the Small hall A new TV has been fitted to room 3 to allow Pathfinders to use for teaching resources The hedge and trees have been trimmed in the rear garden -Igew_taps_and_a WAt.orth¢AtrI¢e[ttettberlnlty_CClltr&KItChe New Glass was fitted to the Trinity Centre Doors A new door was fitted on the Small Hall Store Cupboard. 43 Spilsby Rd General maintenance was undertaken A damp patch in one of the bedrooms is being monitored Grass cutting is being undertaken whilst the property is empty Financial Review For the year ended 31, December 2024, the accounts show that the PCC made a surplus of income over expenditure of £649,724.37. This compares with a surplus of £1 00,195.48 in 2023. Overall expenditure was £49.643.71 (or 22.8 % ) higher than in 2023. Income was h&gher than in 2023 by £559,172.60 (or 288.7 %). The income figure for 2024 was boosted by
Parochial Church Council of Holy Trinity Church Boston legacies received of £685,150.00. The main differences in income for 2024, compared with 2023, were as follows- Envelope giving reduced to £4,729.00 (2023 £6,293.90) One-off donations increased to £15,007.60 (2023 £9,332.39) Standing orders decreased to £59,214.04 (2023 £64,512.79) A Gift Day was held for the Youth and Children s Worker post which raised £13,815.00 (2023 £4.375.00) Legacies income increased to £685.150.00 (2023 £101,098.78) Bank interest received increased to £16,977.57 (2023 £7,205.31) Lettings at the Trinity Centre increased to £25,420.69 (2023 £22,606.46) Income into the Youth Worker fund increased to £22,468.25 (2023 £17,412.00) Income into the Pastoral Outreach Worker fund increased to £13.203.25 (2023 £11,417.25) A support grant was received from the Diocese of Lincoln to support with energy costs reduced to £500.00 (2023 £2,578.75) No funding received from the Diocese of Lincoln with respect to the Deanery Administrator post (2023 £3,898.65) No grant was received from the Boston Municipal Non-educational Charites to support Clubnite (2023 £2,115.00) The main differences in expenditure for 2024, compared with 2023. were - The youth worker's salary payment reduced to £17.017.13 (2023 £23,964.68) There were no payments to the administrator for the deanery administrator post (2023 £3.898.65) Trinity Centre repairs and maintenance reduced to £5,271.86 (2023 £6,557.83) Lounge repairs and maintenance increased to £4,149.95 (2023 £2,513.01) The administrators, salaries increased to £20,803.36 {2023 £18,433.96) Having a pastoral outreach worker in post for a full year, expenditure increased to £15,301.97 (2023 £1,367.01) Payments for gas increased to £5,401 .49 (2023 £2,736.96) -PaymentsforelectrrcityinEreaged"tots4fj65121202F£n77-.58) Payments related to the current vacancy were £1,203.68 (2023 Nil) Non budgeted sundries increased to £46,218.60. These payments are mainly one-off tithe payments related to legacies received (2023 £10,365,88) One-off Hal l and Lounge fund expenditure of £1,493.93 (2023 Nil) Unrestricted funds showed a surplus for the year of £633,077.56 and a fund balance of £1,114,446.63. £267,764.88 of this relates lo fixed assets, so the fund balance for unrestricted current assets is £846.68 E.75. The total restricted funds showed a surplus of £16,646.81 and a fund balance of £53,838.06. Reserves Policy It is PCC policy to maintain a balance of £30,000 on unrestricted funds (if possible) to cover emergency situations that may arise from time to time.
Parochial Church Council of Holy Trinlty Church Boston It is also PCC policy that surplus funds are invested with the CBF Church of England Deposit Fund which offers security and an attractive interest rate. At 31" December 2024 the balance held in the General Fund was £817,801.10. Approved by the Parochial Church Council on 22nd April 2025 and signed on its behalf by elW FètQool. Heather Percival Churchwarden
Parochial Church Council of Holy Trinity Church Boston Statement of financial activities For the year ending 31 December 2024 Unrestricted Restricted Endoivment fwid5 Total fund5 2024 Total fitnds 2023 funds No*s Income and endowments from Donations lega¢ics Inv¢5tments 2(a) 2(b) 2{cl 2(d) 2(c) 802.046.86 15.136.16 9.437.83 9.721.08 26.839.77 14.140.31 1,841.41 816,187.17 226.317.8S 16.977.57 7,205.31 9.437.83 9,845.26 47.291.33 48.900.20 26,839.77 25.292.45 Incorne from charitable activities Other income Hall income 37,570.25 $63,181.70 53551.97 916.733.67 317.561,07 Expenditure on Costs of generating voluntary income Cost of generating funds ExpeTJditure on ¢harilable tiVitIeS Otr expendire 3(a) 3(e) 3(b) 3(cl 81.36 5.101.08 118.816.63 81.36 5,101.68 4,806.50 153.022.67 145,536.26 78.726.11 42.079.74 34.206.IH 2,699.12 76.026.99 Hall expenditure 3{dl 30.077.48 30.077.48 24.943.09 230,104.14 36.905.16 267,IK19JO 217J65.59 Net income Ileypenditure) resources before Iran5fers 633.077.56 16.646.81 649.724.37 100,195.48 Gross Iransf¢rs behveen funds- in 75.115.12 34.065.16 109.180.28 107.537.70 (75.115.12) {34.065.16) {109,180.28) (107,537.70) Net movement in fund5 633,077.56 16,646.81 649,724J7 100,195.48 Balances blf l st Jan 2024 481.369.07 37.191.25 518.560.32 418.364.84 Ba18n¢c5 clf 3 1st D¢c 2024 1.114.446.63 53.838.06 1,168.284.69 518.560.32
Parochial Church Council of Hoty Trinity Church Boston Balance sheet As at 31 December 2024 Unrestii¢d Restrleted Endomment Total fvnds To¢al funds fuT¥Js 2024 2023 Notes Flxtd #ssets Tangible assets 267.764.88 267 764.88 270.060.24 267.76&88 267,764.88 270,060.24 Currtnt asstts Debtors ?78.843.57 575.712 1574.09 52.488.21 280,417.66 628 00.27 19.39S.11 240 902.97 Cash at bw& and In hatKi 854555.63 54.062J 908,617.93 260,29&08 Ligbtllttts CreditOT5." arnount5 falling due within onE year current as5els or liabiliiies 7.873 88 846.681.75 1.114.446.63 224.24 8.098.12 900.519.81 1168.284.69 11,798.IX) 248,500.08 518.i60.32 53.838.06 53 838.06 Total assets les5 cu¢nI ltabilities Nei assets or liabilittes 1.114,446.63 53.838.06 168.284.69 518.$6Q.32 Tht funds of Ihe ¢harTty Rcsiricted iOme fvnds 53.838.06 53,838.06 37.19l.25 Total (k5ignated (d$ Total unTesiricted fijnds ?96.645.53 817.801 10 296.645.53 557801.10 296,633.83 184.735.24 1,114.446.63 53138.06 1,168384.69 518,560.32 Approved by the Parochial Church Council on 22nd April 2025 and signed on its behalf by lather ftlcicd. Heather Percival Churchivarden Edward Barkham Church Treasurer The notes on pages l O to 20 fomi part of these accounts
Parochial Church Council of Holy Trinity Church Boston Notes to the financial statements For the year ended 31 December 2024 l. Accounting policies The accounts are prepared under the historical cost convention. in accordance with the Church Accounting Regulations 2006 and Accounting and Reporting for Charities.. Statement of Recommended Practice applicable to ¢harilies preparing their accounts in accordance with FRS 102 (effective l January 2019) - (Charities SORP (FRS 102)) and the Charities Act 2011. Funds Endoivmenlfvnds are funds. the capital of which must be maintained; only income arising from investment of the endowment may be used either as restricted or unrestri¢t¢d funds depending upon the purpose for which the endowment was estsblished. Reslricled fiinds represent (a) income from trusts or endowments which may be expended only on those restricted objects provided in the ternis of the trust or b¢quesL 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 foThvard as a balan¢e on thai fund. The PCC does not usually invest separdtely for each fund. Where there is no separ&te investment, interest is appotnted to individual funds on an averdge balance basis. Unreslricledfunds are general funds, which can be used for PCC ordinary purposes. Incoming resources Planned giving. collections and donations are recognised when received. Tax refunds are recognised when the incoming resource to which they relate is received. Grants and legacies are accounted for when the PCC 15 legally entitled to the amounts are due. Dividend5 are accounted for when receivable, interest is acerued. All other income is recognised when it is receivable. All inwming resources are accounted for gross. Resources expended Grants and donations are accounted for when paid over, or when awarded. if that award cffate5 a binding or constructive obligation to the PCC. The diocesan parish share is accounted for when due. Amounts received specifically for mission are dealt with as restricted nds. All other expenditure is generally recognised ivhen it is incurred and is acwunted for gross. JJedSseÉ5_ Consecrated and benefice property is not included in the accounts in accordance with s.96 (2Xa) of the Charities Aci 1993. Movable church furnishings held by the vicar and church wardens on special trust for the PCC and which require a faculty for disposal are inalienable property, listed in the church inventory, which Can be inspected (at any reasonable time). For anything acquired prior to 2000 there is insufficient cost infomiation available and therefore such assets are not valued in the financial statem¢nts. Endividual Items that cost more than £1,000 are capilalised and depreciated over the course of their expected life. Expenditure on items that C05t less than £1,000 has been written off when incurred. Envestments are valued at markel value at 31 December. Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life- Boilers- 40/0 on cost Photocopier- 20 % on cost Trinity Centre Roof - 2.5 /0 on cost 10
Parochial Church Council of Holy Trinity Church Boston Freehold properties- not depreciated Current assets Amounts owing to the PCC at the year*nd in respect of t&x reclaims and other income are shown as debts less other provision for arnounls which may prove to be uncollectable. Short-tenn deposits include cash held on deposit eiiher with the Central Board of Ftnance or at the bank. Pension poliry All eligible employees are aulomaii¢ally enrolled into a pension scheme managed by NEST Pensions. Both the PCC and eligible employees contribute at the prevailing rdtes. T4x status As a charity. the PCC is exempt from paying income and coryN)ration tax. but does have to pay value added tax.
Parochial Church Council of Holy Trinity Church Boston 2. Income and endowments Unrestricted Rericted Endoivmeni Total funds funds runds fimds 2024 Total funds 2023 2{a) DDll4tions and legacies Envelopes Banker's orders 4.729.00 i9,214 04 14.375_36 20.15?_88 7>.(K> 4.729.00 59,214.04 14.375.36 20.152.88 85.31 6293.90 64,512.79 14.81398 19,634.09 45.31 Loose cash Income recovered Gift aid speeial Sunday$ Speci21 coll¢cuon$ Donalionlgift day Donationlother 10.31 2.708.39 2.708 39 13.815.00 3.641.13 4.375.00 9,332.39 101.098.78 1.018.12 1 552.36 13.815. ]4.7.60 685,150.IX) 15.1X)7.60 685.150.(MI 275.(MJ Legacies Vicar's Discretionary Fund WeddinglFunerdl Collections in ¢huirh 275. 674.59 674.59 802 IH6.86 140)1 816 187.17 226 17.85 2{b) Investmeml$ Bank interest- generdl fund Bank inteTest- other funds 13,897.69 38.47 13.897_69 3.079.88 5.093.28 2.112.03 1.841.41 136.16 41 1&977.57 7 20S.31 2(¢) Incomt from charitable aetrvities Parochial fees 699 50 699.50 1249.44 7,583.42 1,012.40 Café Takings Community Lunch Bookstall Income 7J05 78 1248.30 184.25 7.305.78 1248.30 184.25 9,437J3 9 437.83 9,84526 2(d) Oihtr income PhoiocopieT- private use From Hall and Lounge youth.mrkC 67_76 67.76 65.41 l.O(K) I.(MN).00 I.ooD.00 17•'12-.00 Mixyllaneous 33.38 33.38 263.13 Cotyee 45.00 45.00 65.00 Moi¢orny bequest Rent 43 Spilsby Rd 43 Spi15by Rd Allocation AlILalln io Fabric FurKI 2.081.94 2.4(K).00 2.081.94 2.400 (K) IIK).IK) 2,305 22 3.6tKJ.OD 100.(K> 2.0(M).(M) 2.IXK) IX) 2,(XX).(K> 7(K).00 Gioiving L¢ad¢r5 Home GrDIIPS VAT R¢¢laim 45.lio 11081 Heating EneTBY Suppon Grant Houseparty KPW 250.IX) 250 (K> 125.00 250. 250 (K> 1,289.37 485.(K) 485.(Kl 663.75 603.75 926.25 Deanery Adminiratoi BMNEC Clubniie Gran¢ 3.898.65 2,115.00 B05ton Big Local Grant 750.00 750.00
Parochial Church Council of Holy Trinity Church Boston Unrestricted Restricted Endoivment Total funds funds funds funds 2024 Totsl funds 2023 pow 13203.25 13203.25 11,417.25 112.50 PA Use of Church 739.50 739 50 572.00 Milkshake Shack 642.69 042.69 888.42 9.721.08 37,571125 47.291J3 48,900.20 2(e) H#ll income LettiJ]g5 Donaijons 25.420.69 25.420.69 450.00 22,606.46 683.IKI 4iO (M) Miscellaneous Incomt S(X).(K) iOO.C¥) LDTBF Ener8y SvpportGrant VAT Reclaimed 250 IX> 250.(X) 1289.38 713.61 219.08 219.08 26.839.77 26.839.77 2S292.4S TOTAL 863,181.70 53JS1.97 916,733.67 317 561.07 In 2023. income of £44.743.43 related to Testrlcted fund& ivith the balance ofall other in¢ome totalling £272,817.64 relating to unrestricted fllnds. 13
Parochial Churcb Council of Holy Trinity Church Boston 3. Expenditure Unrestricted R¢stri¢ied Endownent Total funds Total fimd5 funds funds funds 2024 2023 3(a) Cost of generating %oluttt*r)' infome Envelopes- envelo giving 81.36 Bl.36 81.36 81.36 3(b) Expenditure on tharitable aetiyities Vi¢ar- expenses of oifice Vicar- Book Allolvance 142.83 142.83 381.77 58.96 524.96 101.70 YW- expenses of otTice Visiting Cl¢rgy BMNEC Grani Pastoral Outreach Work Community Lunch Administrators 282.35 282.35 29.46 29.46 28.59 402.53 28.59 ,115a3 20.803.36 1.115.23 20,803.36 939.68 18.433.96 3.898.65 2,679.37 4.414.54 Deaneri. Administrator Property st¢ii'ard5 Church cleaner Employer's Pension Contributions Youth Worker salary Youth ivorker st pow 2,148.79 4.976.00 2,148.79 4,976.00 624.05 624.05 534.01 17,017.13 649.IKI 15JOI.97 17.017.13 649.00 23,964.68 15,301.97 2,700.76 2,322.34 4,184.15 1,533.52 3.093.98 422.50 1,367.01 1,368.50 1.708.51 3,978.58 1,142.41 2,943.87 369.42 2.71K).76 2.322.34 4,184.15 1.533.52 3.093.98 4?2.50 Electricity Insurance {ehurch and organ) Repairs and maintenan¢e Churchyard rnaintenamee In5UTance 43 Spilsb), Rd Repairs 43 Spilsby Rd 43 Spilsby Road Budget Vicar- telephone YW- telephone .157.46 iOO.(M) . ,157.46 i 00.00 594.36 100.00 865.12 286.72 286.72 302.08 302.08 413.50 1(17.80 120.1.1 Trainingl¢onferences Independent examiner Payroll ¢harg¢s Tithe 1.620.80 1,620.80 924.00 497.06 1,921.17 845.00 924.(K) 497.06 603.57 13,689.00 55,000.(H) 2.183.63 145.536.26 13,220.( 55.0(rf).iJ) 13,220.04 55.000.00 2.418.39 153,022.67 Parish share s¢la1 coll¢clions 2.418.39 11&816.63 34206.1 3(e) Other expendittsr¢ Interregnum Debtor Written Otr Vi¢ar's Discretionary Fund Outreach Evangelism initiatives li's your move books Holiday clublk-idz connect 1.203.68 .203.68 713.63 713.63 656.00 .564.84 259.46 1,024.25 54.00 570. 570. 710.52 544. 1,254.52 109.93 350.21 109.93 350.21 242.38 14
Parochial Church Council of Holy Trinity Church Boston Urtre5tricted Restricted Endoiwnent Total funds fuDd5 funds funds 2024 Total funds 2023 Open The Book Sunday Morning Teaching & Resources CYFA Teaching & Resources Youth Evangelism BMNEC Clubnite Grani Sundries Printing and stationery Photocopier Office equipment Purch of books CopyrighVlicen¢e Church Olee- t¢l¢phone Postages Catering Alpha Courses Flowers 31.49 31.49 307.93 307.93 383.75 314.73 314.73 837.69 582.34 582.34 682.79 569.03 682.79 162.06 13.40 472.11 836.81 161.60 364.34 161.60 364.34 238.34 73.2) 92.99 166.24 130.49 264.27 .116.40 75.00 340.27 906.10 340.27 906.10 92.39 261.18 92.39 261.18 550.96 131.88 163.70 467.71 150.21 13.04 628.20 13.04 Church service expenses Data developments Gifts Messy church Sundrtes Sundries Inot budget) Houseparty Tax reclaimed 628.20 149.79 149.79 91.83 91.83 114.79 51.94 51.94 50.84 69.07 69.07 57.00 10,365.88 46,218.60 39.00 46.218.60 810.20 30.00 771.20 30.IXI Small Groups Evang¢lism Moivbray bequcst Voluniary Work Suptx>rt ColTee 16.31 250.76 75.00 75.00 2.081.94 2,081.94 2,305.20 850.00 781.79 781.79 2.295.36 38.14 561.59 Depreciation 2.295.36 2,295.36 115.92 PA 38.14 Allocations- YW 241Q(L 5.622.00 2.000.00 113.84 .2410a.393.0ts 5.622.00 4.221.00 2.000.00 2,000.00 113.84 117.35 Allocations- POW Allocations- f&bii¢ fund Website 76.026.99 2,699.12 78,726.11 42.079.74 31d) Hall expenditure Cleaning Electriciry 8,179.15 2.242.78 2.700.73 533.32 8,179.15 2,242.78 2,700.73 533.32 7,191.47 1.669.07 1.368.46 531.40 1,019.26 6,557.83 2,513.01 ChuTchyard Water r&t¢$ Hall repoirslmaintenance iknunge repairslmaintenaTr¢¢ tL)unge capital exp¢nditure Payment lo Church Insurance 1.177.92 5.271.86 4.149.95 1.493.93 i.000.00 1,177.92 5.271.86 4,149.95 1.493.93 .000.00 2,092.08 .000.00 1.989.35 2.092.08 15
Parochial Church Council of Holy Trinity Church Boston UnTrstricted Restricted Endoivment Total funds funds funds funds 2024 Total funds 2023 HalVLounge Sundries 1.235.76 30.077.48 .235.76 1.103.24 24.943.1 30,077.48 3(e) Cost5 of generating fvnds Cafe- Food 4,475.43 286.25 340.00 4,475.43 286.25 4,584.21 222.29 Cafe- other Bookstall 340.00 5.101.68 5,101.68 4,806.50 TOTAL 230.104.14 36,905.16 267.19J0 217.365.59 In 2023, £33,528.24 of expenditure related to restricted tKI$, with the balance of £183.837.35 relating to unrestricted liinds. 16
Parochial Church Council of Hoty Trinity Church Boston 4. Staff costs (a) Wages and 5alarie5 During the year the PCC employed an administrator. Sistant administrator. two property stewards, two trinity centre ¢leaner& church cleaner, youth worker and pastoral outreach worker and accounted to HM Revenue & Customs for Tax and Nl collected. The ¢l¢rgy'5 Stipend. pension contributions and housing costs are met by the Lincoln Diocesan Trust and Board of Finance Ltd. The PCC helps fund the LDTBF Ltd through its parish share payments. 2024 2023 Salaries and wages Pension costs Total employment costs 67,774.73 624.05 68J98.78 60,689.86 534.01 61223.87 Siaff expense5 and other costs 426.02 845.43 Total staff costs 68 824.80 62,069.30 The total staff employed numbered 7 {?0?3 - 7). No employee earned £60,000 or more. (b) Payment to PCC rncmbers Expenses of Office were paid to the Vicar. Six PCC members were reimbursed for expenses incurred in the course of duties on behalf of the hurch. No other payments or expenses were paid to any other member of the PCC. persons closely connected with them or related parties. 17
Parochial Church Council of Hoty Trinity Church Boston 5. Fixed assets Cost or Valuation Freehold land and buildings Boilers Photocopier Trinity Centre Total Roof Balance at 1st January 2024 Additions Disposals Balance at 3 1st 230.000.00 December 2024 Depreciation 230.000.00 35,160.(X) 2.944.80 12.000.00 280.104.80 35,160.00 ?.944.80 12,000.00 280.104.80 Balance at I January 2024 Charge for the year Rele&8ed on disposal Balance at 31 sl December 2024 Net Book Value At I" January 2024 At31st December 2024 8.555.60 588.96 900.00 10.044.56 1.406.40 588.96 300.00 2.295.36 9.962.00 1.177.92 1,200.00 12,339.92 230.000.00 26,604.40 2.355.84 11,100.00 270,060.24 230,000.00 25.198.00 1,766.88 10,800.00 267.764.88 NOTES The freehold land and buildings comprise: J ) 43 Spilsby Road, Boston is shown at £130,000, which was the 5aleable value at the l&st valuation. It is not known when thts was. The value ofihe property has been Orded in the annual accounts as £130,000 since at least 201 l. The property was bequeathed to the PCC in 1975 in the will of Olive Muriel Trevitt. The value of the property at that time is not known. 2) The Trinity Centre is shown ai £IOO,000. It is not known when ihe propety was last valued. The land on which the Trtnity Centre is built was acquired in the early 1970s. The original cost of the land and building is not known. Jleb.torL 2024 2023 Unrgslricledfunds Tax recoverable Prepayments Other debtors 4.673.76 7,745.83 266,423.98 278,843.57 5,188.49 4.717.07 6.803.43 16,708.99 Resirietedfunds Tax recoverable Prepayments Other debtors 942.25 623.29 8.55 1,574.09 846.50 469.90 1.369.7? 2,686.12 Total debtors 20.417.66 19 18
Parochial Church Council of Holy Trinity Church Boston 7. Liabilities". amounts falling due within one year 2024 2023 Unreslricledfvnds Other creditors Accruals 6,434.74 ,439.14 7,873.88 9,091.49 1.545.04 10,636.53 Reslricledfiinds Creditors 224.?4 1,161.47 1.161.47 224.24 Total creditors 8,098.12 11798.00 8. Movement of funds during the year UNRESTRICTED FUNDS Balance blf Income Eipenditure Transfers & revaluations Balance elf General fund 184,735 ?4 820.537.16 (187.471.30) 817.801.10 DesignAted funds Bookstall fund Cafe fund Community Lunch fvnd Milkshake Shack Fund Re-ordering fund Fabric fund 43 Spilsby Road fund Hall and Lounge fund Youth Groups fund Fixed asset fund Total designated funds rolaLt4nreslricied.fiinds 724.04 7.559.39 1.415.93 672.09 183.49 2,075.28 (340.00) {5.761.68) (1,115.23) (710.52) 384.04 2,650.18 543.24 725.01 4,302.92 2,964.80 10,454.14 6.789.92 66.40 267,764.88 296,645.53 -1~1-14446.63 5,852.47 242.54 763.44 4.119.43 889.52 9.089.10 5,515.02 102.07 270,060.24 296,633.83 42.644.54 81-369.OP--86J-181-.70 (5,000.00) (1.579.96) (30.791.09) (39.00) (?295.)6) (42.632.84) (230.-104-.14) 27.065.99 3.33 5,000.00 RESTRICTED FUNDS BMNEC Grant fund BMNEC Clubnile Grant Re-ordering fund Vicar's Discretionary Fund PA fund Youth Worker fund Youth Groups Fund AV fund KPW fund POW fund Tolal reslricledftind TOTAL 6.878.02 1.979.46 4,127.55 1.438.96 488.23 1.878.74 237.46 491.88 1,536.71 18,134.?4 37.191.25 518560J2 305.05 58.54 220.95 329.02 21.51 36,720.75 1.239.87 21.91 747.91 13.886.46 53.551.97 916.733.67 (29.46) {682.79) (92.99) (570.00) (38.14) {18,633.71) (1.315.20) 7,153.61 1.355.21 4,255.51 1,197.98 471.60 19,965.78 162.13 513.79 2.?84.62 16,477.83 53.838.06 1,168.284.69 (15,542.87) (36,905.16) (267,009.30) 19
Parochial Church Council of Holy Trinity Church Boston Notes to the funds Unrestrieted funds General fund This is the main fund of the PCC and there is no restriction on its use. Designated These are funds set aside by the PCC for a special purpose. Fabi'icftind An allocation is made to this fund each year from the general fund and ihe n]on¢y is used for repairs to the church building. 43 Spilsby Roadfiind This fund is used for all expenditure relaied to 43 Spilsby Road. Hall and loiingefiind The income from hiring out the Trinity Centre and the church lounge goes into this fund and all expenditure related to the Trinity Centre and lounge comes out of it. Commtinity Liinchfiind All income and expenditure related to the Community Lunch goes through this fund Cafefiind All the takings from the Trinity Café are paid into this fund. Payments for supplies for the cafe come out of it. Re-orderingfiind This fund holds a £5,000 bequest thai has been designated for the expenditure on re-ordering works in the church Youih Groiipsfiind The money in this fund wa5 transferred from the Café fund to be spent on youth work. Iilkshake ShacLfiIp7d This fund receives the takings at the Milkshake Shack that come through the Sumup machine Booksiallfiind All income and expenditure related to the bOOkall goes through this fund Restricted funds PAfynd Money given specifically towards the costs related to the PA system is paid into this fund. Youih Fvorkerfund Money given specifically towards funding the youth worker post is paid into this fid. The money 15 used to meet all the costs related to employing a full time, salaried youth WOTker. Kiichen andPasioral Oulyeach If orkei-fiind When the PCC held a gift day to fund the new kitchen and pastoral oulreach worker post. some people set up standing orders giving money to both rdiher than one or the other. These stsnding orders a paid into this fund. As there_is_no l_onger any_major expenditure_re_lated to the_kitchen the_money_is no used_5olely to fund the pastoral outreach worker post. Postoral Oulreach Il'oi-kerfund Money given specifically towards funding the pastoral outreach worker post 15 paid into this nd. The money is used to meet all the costs related to employing a person in this role. A Vfiind Money given 5pecifi¢ally towards the costs r¢lated to the PA system is paid into this fund. Picar s Discrelionary Fiind Donations paid into this fund are used as fek necessary. B,¥IVEC Grani Fiind A grant has been awarded by the Boston Municipal Non-Educalional Chari*S for pastoral outreach work. Any expenditure related to this comes out of this fund. Re-orderingfiind This fund receives any donations given towards re-ordering work in the church. Yoiiih Gi'oupsfiind The money in this fund is donated to be spent on youih work. BMNEC Clubnile Grani Fund A grant has been awarded by the Boston Municipal Non-EdUt10nal Charites for Clubnite. Any expenditure related to this comes out of this fund. 20
PAROCHIAL CHURCH COUNCIL OF HOLY TRINITY CHURCH BOSTON Independent Examiner's Report to the Parochial Church Council of Holy Trlnity Church. Boston I report on the accounts of the ccffipany for the year ended 31st December 2024 which are set out on page 8 to 20. Respective responsibilities of trustees and examiner The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is n&ded. It is my responsibilty to= examine the accounts under section 145 of the 2011 Act; follow the procedures laid down in the general Directions given by the Charty Commission under section 145(5)(b) of the 2011 Act; and state whether particular matters have come to my attenb'on. Basis of independent examinerfs report My examination was carried out in accordance wtth the general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by ihe charity and a comparison ofthe accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees conceming any such matters. The procedures undertaken do not provide all the eviden that would be required in an audit and consequently no opinion is given as to whether the accounts present a 'true and fair view" and the report is limited to those matters set out in the statement below. Independent examinevs statement In connection with my examination, no matter has come to my attention: which gives me reasonable cause to believe that, in any material respect, the requirement>. to keep accounting records in accordan with section 130 of the 2011 Act., and •*oi)reyare-a-ccourits whIc8¢cOrrW1tW-t accounting requirements of the 2011 Act e accounting records and comply wtth the have not been met,. or to which, in my opinion. attention should be drawn in order to enable a proper understanding of the accounts to be reached. Independent Examiner James Goodrich FCCA Duncan & Toplis Limtted 4 Henley Way Doddington Road Lincoln LN6 3QR Date.. 2210412025 21