ST BARTHOLOMEWS PENN PAROCHIAL CHURCH COUNCIL
(including St Anne's Church. Lower Penn}
(Charity Registration Number: 1132537)
ANNUAL REPORT AND ACCOUNTS
For the year ended 31st December 2024

ST BARTHOLOMEWS PENN PAROCHIAL CHURCH COUNCIL
(including St Anne's Church. Lower Penn)
ANNUAL REPORT OF THE PAROCHIAL CHURCH COUNCIL
FOR THE YEAR ENDED 31ST DECEMBER 2024
CONTENTS
Pages
Annual Report for 2024
Independent Examinerfs Report
Statement of Financial Activities
Balance Sheet
Notes to the Financial Statements
21

ST BARTHOLOMEWS PENN PAROCHIAL CHURCH COUNCIL
(including St Anne's Church, Lower Penn)
ANNUAL REPORT OF THE PAROCHIAL CHURCH COUNCIL
FOR THE YEAR ENDED 31ST DECEMBER 2024
Objectives and Activities
The primary objective of the PCC is the promotion of the Gospel of our Lord Jesus Christ according to the doctrines
and practices of the Church of England. The PCC has the responsibility of co-operation with the incumbent in
promoting within the Ecclesiastical Parish of Penn the whole mission of the Church. pastoral, evangelistic. social and
ecumenical. It also has responsibilities for the Church Hall and the house at 105, Brenton Road.
Via the Growing Disciples Team, there ￿ an evangelical emphasis on religi(xJs education in the Church. Courses for
Baptism & Marriage preparation, Apha. Living Faith, PathvRys to Ministy and Authorised Lay Ministy training are
run on a regular basis.
Public Benefrt
The trustees of the Charity are aware of the Chanty Comrnission's guidan￿ on public benefit in The Advancement of
Religion for the Public Benefit and have had regard to it in their administration of the Charity.
The trustees believe that, by promoting the work of the Church of England in the Ecclesiastical Parish of Penn it helps
to promote the whole mission of the Church (pastoral, evangelistic, soaal and ecumenical) more effectively, within the
Ecclesiastical Parish, and that in doing so it provides a benefit to the public by:
Providing facilities for public V￿rShip, pastoral care and spiritual. moral and intellectual development, both for its
members and for anyone who wishes to benefft frorn what the Church offers, and
Promoting Christian values, and Servi￿ by members of the Church in and to their communities, to the benefit of
individuals and society as a whole.
Achievements and Perforniance
Services and Attendances
There were 626 services of all sorts in the calendar year 2024, including 208 weekend communion services in St Bart's
and St Anne's churches, 33 evensong services, 12 compline servI￿s, 24 baptism services, 29 funerals land 21 at
crematoria) and 9 weddings. In addÈtson, the w￿r, together with his team of ordained staff, continued outreach and
evangelism through live streams of 'Thoughts for the Day,.
PCC Meetin
s and Other Activities
There were six full meetings of the PCC during the calendar year 2024. A further three full meetings were held during
the first six months of 2025.
on￿ approved, a copy of the Minutes of PCC rrEetings can be found in the folder placed on the table in the porch
and on the noti￿ board at the entrance to the Oak Room at St Bartholomews church.
Financial Review
2024 income from donations and legacies of £184.719 was £37,825 (26°kn) higher than 2023. In￿rne from Planned
Giving was £17.625 higher than the prior year, primarily due to increases in standing order gniing, cash giving via
weekly envelopes and contactless giving. Incorne from Sundry Donatrons was, in total, £15.838 higher than in the
previous year and income from legacies was also hsgher than in 2023, up £4.361 at £10,070.
Income from Charitable Activities of £55.707. was £25,528 (85%) higher than in the previous year. The Curate's House
was fully let throughout the year, thus rental income from the propety was £12.450 higher than in 2023. Service fees
from weddings and funerals {combined) of £18,582 were £4,532 hjgher than the prior year. All other income from
Charitable Activities was £8,699 above the prior year.

ST BARTHOLOMEWS PENN PAROCHIAL CHURCH COUNCIL
{including St Anne's Church, Lower Penn)
ANNUAL REPORT OF THE PAROCHIAL CHURCH COUNCIL
FOR THE YEAR ENDED 31ST DECEMBER 2024
Financial Review (continued)
Income from Trading Activities of £46.531 was £5.915 (150/0) higher than in the previous year, primarily due to
increases in donations received from groups using the Oak Room and Church Hall facilFties. Fund raising from brrng
and buy sales contributed £3.499 (nil in the prior year). All other income from Trading Activities of £8,483 was £823
lower than in 2023.
Income from Investments of £1,439 was £597 higher than in the preceding year due to higher rates of retum on these
investments. Other Income was £204 lower than the prior year.
Total incoming resources (including incotne for designated or restricted purposes) of £288,396 was £69.660 (32%)
higher than 2023.
The costs associated with raising funds of £442 were £600k lower than in the preceding year. due to 2023 costs
associated with fund raising for the organ refurbishment project.
Costs associated with Charrtable Activities were £243,672", £15,810 {7 % ) higher than in 2023. Church staff costs
{including staff expenses) of £38,936 were £3,167 (90/0) higher in 2024 when compared to the prior year. The costs of
running the church buildings (being St Bartholomew's & St Anne's churches. together with the church hall and the
property at 105 Brenton Road) increased by £10.554 versus the prior year. primarily due to the costs associated with
repairing the church hall lounge floor and redecorating St Anne's church. The Parish paid its full Common Fund
assessment to the Diocese of Lichfield of £60.501 during 2024 - this was £1.186 (2%) higher than the assessment for
2023. Costs associated with the Maintenan￿ of the Churchyard were £1,050 higher than in the prior year.
Expenditure on the provision of church music (including the cost of musicians at services as well as the costs of the
annual choir tour) totalling £20,047 was £60 higher than in 2023. Administration Costs of £7,077 were £811 lower than
in the prior year.
The church donated £11,323 to charitable and good causes as it continued to tithe regular gtving (an increase of £744
on the prior year). All other costs relating to Charitable Activities were £140 lower than in 2023.
en including the gain on liquid investrnent assets for the year of £4,406. together with the surplus of incoming
resources over resou￿$ expended for the year of £44,282, the 'Net movement in funds. for 2024 was an increase of
£48,688 represented by increases in unrestricted funds of £22,021 and Restricted funds of £26,667.
Painting In Penn
Painknng in Penn is considered to be an integral part of the life and activits'es of St Bartholomew's, and its general
activities are shown in a designated fund. Specftgrantsldonations given to Painting in Penn are recorded as restricted
funds.
Reserves Policy
The totals of net assets and funds on the Balan￿ Sheet at 31st DecemtEr, 2024 of £1,038,181 was £48,688 higher
than a year ago. Of the total. £148,116 related to unrestricted funds, £56.469 related to restricted funds, and £833,596
was capital fund, which relates to a church hall and residents'al properties. It is the policy of the PCC to maintain
sufficient free reserves to cover up to 3 months of unrestricted regular expenditure covering staff salaries, insurance
and utility costs, etc.
this is equivalent to approximateEy £36.000. Free reserves {excluding designated funds) at
31.12.2024 were £103,788, which is higher than the targeL The trUSt￿S are comfortable that the reserves are higher
than target, as giving levels are not growing significantly and expenditures continue to increase. In addition, the surplus
provides opportunity to advance the future mission activities of the thurch.

ST BARTHOLOMEWS PENN pAROCH￿L CHURCH COUNCIL
(including St Anne's Church, Lower Penn)
ANNUAL REPORT OF THE PAROCHIAL CHURCH COUNCIL
FOR THE YEAR ENDED 31ST DECEMBER 2024
Financial Review (continued)
Expenditure forecasts are based on quotstions, ststements of work andlor best estimates. The levels of General and
Designated ￿ndS are deemed appropriate to support the church's activities.
The PCC is constantly aware of the fragility of its voluntary income, as long-standing members of the congregation
leave the parish or are de￿ased. Giving levels are dosety monitored by the PCC and appropriate fund raising
campaigns are launched to support major projects.
Other PCC Policies
The PCC maintains a number of policies regarding operational matters, including..
a) Child Protection Pol"
Sa
uardin
The policy sets the PCC'S concems and regards as"
to safeguard the welfare and protection of all young people coming into the church and the church's
premises.
to accept the principles of the Children Act 1989 and the recommended Church of England's policies.
to ensure the Careful selection and ap￿intment of those working with children and young people.
A revision to the church's Safeguarding Policy was adopted in 2017 and the Parish Safeguarding C￿OrdInator is an
offi￿r of the PCC, reporting regularly at PCC meetings on safeguarding matters.
The PCC believe they have fulfilled their duty under section 5 of the Safeguarding and Clergy Discipline Measure 2016
(duty to have due regard to House of Bishops. guidance on safeguarding children and vulnerable adults).
bl Insurance Matters
The PCC holds Insuran￿ policies in respect of the buildings. their contents and liability cover for Church employees,
officers and ViSFtors. The insurer is the Ecclesiastic Insuran￿ Group through the Lichfield DÉocesan scheme. Regular
valuations are made following inspection visits.
Activities carried on in the Churches, Oak Room and Church Hall are all covered for normal liabilities so long as they
take place with the knowledge and pemission of the PCC and are led by persons similarly authorised and known.
Meetings held in homes of individuals, whilst on church business or church supported groups. would not usually be
considered wf(hin the terms of the PCC'S policies. It is not considered appropriate to publicise, in this report, details
of the sums covered.
c) Church Fabric
All church buildings are subject to inspection by our architect on a regular, five-year basis {'the quinquennial report'l.
This identifies work required to be done to safeguard the buildings. Recommendations are made as to the urgency of
such work, or whether it can be done as part of a regular and ongoing Maintenan￿ cycle. The most recent
quinquennial report identified no fabric matters requiring immediate attention.
d) Investment Poli
The charity is granted power to invest in suitable investments under the PCC Powers Measure 1956 and the Trustees
Act 2000. As a charity. the Trustees have a duty of care to take such advice as is appropriate before investrnents are
undertaken. This advi￿ is sought from the Central Board of Finance (CCLA) in London.
The charity's investment policies are based on hvo key principles: _
Ethical Investment- this includes ensuring that investments are held in companies whiGh have hiqh standards
of corporate govemance and act in a responsible way towards stskeholders.
Long-term responsibilÈties
the trustees are aware of their long-temi responsibilities in respect of the
Restricted and Unrestricted reserves and as a ￿SuIt follow a prudent approach to investment decisions.

ST BARTHOLOMEWS PENN PAROCHIAL CHURCH COUNCIL
(including St Anne's Church, Lower Penn)
ANNUAL REPORT OF THE PAROCHIAL CHURCH COUNCIL
FOR THE YEAR ENDED 31ST DECEMBER 2024
Plans for the future
The quinquennial inspection took place in 2024. Vthile some remedial re￿MMendatIOnS were detailed in the
subsequent quinquennial report, significant material financial outlays are not anticipated, with fabric-related projects
having been prioritised over recent years. The organ at St Bartholomew's has been restored in 2025. The costs of
the project have been met from project-specific fund raising and the use of free reserves. With the church presently
in a period of interregnum. there are no material projects presently underway or planned.
Risk Management
The Church Wardens, Health & Safety Offi￿r and Buildings Administrator regularfy inspect premises for potential
hazards. The Health & Safety officer Is a member of the PCC and provides updates on health & safety matters at each
PCC meeting. We have safeguarding policies in place for child protection and for work with vulnerable adults, including
rigorous DBS checking of staff and volunteers. Our inSuran￿S are reviewed annually to ensure adequate cover.
structure, Governance and Management
Constitution
The PCC is a Body Corporate established by the Church of England (PCC Powers Measure 1956, and the Church
Representation Rules 2006) and is a Charity registered wth the Charity Commission (No: 1132537, effective from
November, 2009). The PCC is govemed by the Parochial Church Council Powers Measure (1956) as amended
that came into effect on 2nd January 1957 and the Church Representstion Rules.
Membershi
Members of the PCC are ex4)fficio. co-opted or elected by the Annual Parochial Meeting in accordance with the
Church Representation Rules. The Council comprises the Incumbent the Churchwardens, those elected to the
Deanery Synod and other members who are elected at the Annual Parochial Church Meeting, by those on the Electoral
Roll. The PCC members receive training from courses run by the Dioose. Members of th& congregation are a￿ayS
urged to join the Electoral Roll, and to stand for election to the PCC.
The PCC members are responsibte for making decisions on all matters of general concem and importance in the
parish, and for all financial matters. The PCC meets at least 5 times a year. Given tts responsibilities, the PCC has a
number of sub committees, each dealing with a particular aspect of parish life. Each reports back to the PCC with the
minutes of their meetings.
Committees
The PCC operates through a Standing Committee and a number of key teams that are aligned to the Church's Mission
Action Plan. Each team has a 'champion' on the PCC. whose responsibilty it is to keep the PCC updated on progress
and matters arising wtthin each team. The teams are supported by various teams and resource groups to ensure that
all of the Church's activities are aligned. pknrted. resourced and communicated appropriately.
The Standin
Committee is the only commrttee required by law. It has the power to transact the business of the PCC
between meetings. It also draws up the agenda for PCC meetings and discusses all aspects of church life.
The Finance Team oversees the general financial activities of St Bart's and St Anne's by monttoring income and
expenditure and reviewing reserves. It relies on the advi￿ gtven by the Treasurer and seeks to work in partnership
with the Standing Committee to whom it may refer ￿rtain discussionsldecisions.
The Growin
les Team has the brief to develop, support and continue the SPTfttual leaming of the congregation,
the growth in Lay Ministry within the church. as well as identifying how people can utilise their gifts and talents under
God's guidance.
The Worshi
&Pra
er Team's remit is to deal with matters of worship delegated by the incumbent andlor the PCC
that are felt to be within its competen￿, which in the past have included drawing up special services, distributing
prayer link emails, arranging prayer rooms and offering an overview of ￿rtain acts of worship.
The Buildin
s and Fabric Team has the responsibilty of maintaining Church properties and seeing to all progpmmes
of repair as well as administering the various user groups that utiSise the buildings.

ST BARTHOLOMEWS PENN PAROCHIAL CHURCH COUNCIL
{including St Anne's Church, Lower Penn)
ANNUAL REPORT OF THE PAROCHIAL CHURCH COUNCIL
FOR THE YEAR ENDED 31ST DECEMBER 2024
Committees (continued)
The Transfomiin
Communities Team was fomEd to manage the interaction between the Church and the wider
communty as well as to administer the Church's charitable donations made from regular giving throughout the year.
The Goin
for Growth Team has been formed to find imaginative ways to encourage more people to attend servi￿$
at St Bartholomew's and St Anne's churches, whilst maintaining outreach activtties linking to baptisms, funerals and
regular groups that use the church facilittes (coffee moming groups. pre-schoM)I toddlers groups, etc.).
The Reachin
New Generations Team has been formed to ensure that the PCC appreciates the views and
requirements of the Church's various youth groups to fvrther develop and grow youth involvement in the Church.
Administrative Infomiation
The ecclesiasb'cal parish of Penn, which is part of the Diccese of Lichfield within the Church of England, covers some
four square miles and has a total estimated population of over 11.000. It includes most of the suburb of Penn in the
City of Wolverhampton plus Lower Penn and Penn Common in the District of South Staffordshire. There are hvo
churches in the parish.. St Bartholomew's in Church Hill, Penn and St Anne's in Springhill Lane. Lower Penn.
Contact Details
The correspondence address is St Bartholomew's Church. Parish Office, 57 Church Hill, Penn, Wolverhampton,
4 5JB. The Parish Office telephone number is 01902 576809 (Sue Cole). Email - stbarts
nn
Website address - www.stbarts.or
lemail.com.
Members and Officers of the Pan)chlal Church Council - from 1st January 2024 to the date this report was
approved (or for part of that period where Indicated) are:
Incumbent (ex offic￿)."
The Reverend Prebendary
Ben lthitmore (Chaimian)
Associate Ministers (ex officio)." The Reverend Alison Storer
Churchwardens (ex Off￿10)..
Mrs Catherine Pugh
Mr Steve Humphries
Mrs Anne Edwards
Mr David Nicholls
Mrs Janet Shackleton
- retired 31.12.24
- rell￿d 14.04.24
- retl￿d 04.05.25
- elected 14.04.24
Representatives on Deanery
Synod (ex officio).
Mr Richard Pithers
Mr Matt Wragg
Mr Paul Beeston
Elected members."
Mr Daniel Owen (Secretary)
Mr Dean Plowman (Treasurer)
Mrs Clair Bnghtman
Ms Cheryl Caddick
Mrs Barbara Edwards
Mr Neil Hazlehurst
Mrs z￿ Millard
Mr David Pri
Ms Alma Simmons
Ms Jani￿ Teague
The Bankers and Independent Examiners of the PCC are:
Bankers..
C¢>operative Bank plc., PO Box 250, Skelmersdale, IAIN6 8wr.
Lichfield Diocese Board of Finance, St Mary's House, The Close, Lichfield.
Staffordshire. WS13 7LD.
- elected 04.05.25
- retired 14.04.24
- elected 14. 04.24
- elected 04.05.25
- elected 04.05.25
Independent Examiners..
Approv
by the Parochial Church Council on October 31*1 2025. and signed on Its behalf by:
Ke
Dean pidwman
(PCC Treasurer)

Independent Examinerfs report to the trustees/members of The PCC of The Parish of St
Bartholome￿s Penn
Registered charity number 1132537
I report on the accounts for the year ended 31# December 2024 whith are set out on the following pages.
Res
ective res
onsibilities of the Trustees and Inde
endent Examiner
The charivs trustee5 are responsible for the preparation of the accounts. The charitvs trustees consider
that an audit is not required for this year under Section 144 of the Charities Art 2011 {the Charities Act) and
that an
Independent examination is needed.
It is my responsibility
to examine the accounts under section 145 of the Charities A¢
to follow the procedures laid down in the General Direttions given by the Charity Commission
(under section 14515llbl of the Charities Act.
and to state whether particular matters have come to my attention.
Basis of Inde
endent Examiner's Statement
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 the charity and a comparison
of the accounts presented with those records. It also includes consideration of any unusual items or
dlsclosures in the accounts, and seeking explanations from the trustees concerning any such matters. The
procedures undertaken do not provide all the evidence that would be required in an audit, and consequently
no opinion is given a5 to whether the accounts present a "true and fairf view and the report is limited to those
matters set out in the statement below.
Inde
endent Examiner's Statement
In connection with my eKamination. no material matters have come to my attention which give5 me cause
to believe that in any material respett:
accounting records were not kept in accordance with section 130 of the Charitie5 Act or
the accounts do not attord with the accounting record5
the accounts do not comply with the applicable requirements concerning the form and
content of accounts set
Dut in the Charities (Accounts and Reports) Regulations 2008 other than any requirement
that the accounts give
a true and fair view which is not a matter considered as part of an independent examination.
I have come across no other matters in connection with the examination to which attention should be
drawn in order to enable a proper understanding of the accounts to be reached.
Signed: ....
Lichfield Dioce53n Board of Finan
St Mary's House. The Close, Lichfield WS13 7LD
Date: _.
2 ?/. q..l. Zo2.6...

ST BARTHOLOMEWS PENN PAROCHIAL CHURCH COUNCIL
(including St Anne's Church, Lower Penn)
STATEMENT OF FINANCIAL ACTIVITIES
for the year ended 31st December 2024
Total
Funds
2024
Total
Funds
2023
Funts
Funts
Fund
Note
Incomin
resources
Donations and Legacies
21a)
149,610
35.108
184,719
146.894
Income from Charitable Actsvitses
2(b)
55.812
(105)
55,707
30.179
other Trading Activities
2(¢
44.676
1.855
46,531
40.616
Investments
2(d)
1.286
153
1,439
Other Income
21e)
Total In￿mIng resour￿$
251.384
37.012
288,396
218,736
Resources e
Raising Funds
31a)
442
1,042
Expenditure on Charitak￿e A¢tivities
31bl
232.370
11.302
243,672
227.862
Total resources expended
232,812
11.302
244,114
228,904
Gainsl(Losses) on fixed assets:
On disposal of investrnents
On revaluation of investments
3.449
957
8,442
Not incoming I (outgoing) resources
for the year before transfers
22.021
26,667
48,688
{1,726)
Trdnsfers between funds
71el
Net movement of funds
22.021
26.667
48,688
(1.7261
Balances brought foTward at beginning
of year
126.099
29.798
833.596
989A93
991,219
Balancos carried forward
at end of year
148.121
56,464 833.596
1,038.181
989.493

ST BARTHOLOMEWS PENN PAROCHIAL CHURCH COUNCIL
(including St Anne's Church, Lower Penn)
BALANCE SHEET as at 31st December 2024
Registered Chartty Number 1132537
31.12.24
31.1123
Fixed assets:
Tangible fixed assets
Investment assets
41a
4(b)
833.596
87.528
833,5
83.122
Total fixed assets
921.124
916,718
Current assets:
Debtors and prepayments
Cash al bank and in hand
S(a
b)
12.854
116,087
11,829
76,533
Total currentassets
128,941
88.362
Llabllities: amounts due within one year
11.884
15,587
Net current assets
117.057
72,775
TOTAL NEf ASSETS
1,038.181
989,493
Represented by:
FUNDS
Unrestricted Funds:
General Fund
Designated Funds
71a)
7{b)
103,788
44.328
84,899
41.196
148.116
126,095
Restricted Funds
7{cl
56,469
29,802
Total Income Funds
155.897
Capital Fund
71d)
833,596
833.596
1.038,181
989,493
Approved by the Parochial Church Council on October 31s(2025 and signed on its behalf by:
Dean PEowman (PCC T￿asUrer)
The notes on pages 9 to 21 fomi part of these financial statements.

ST BARTHOLOMEWS PENN PAROCHIAL CHURCH COUNCIL
(including St Anne's Church. Lower Penn)
NOTES TO THE FINANCIAL STATEMENTS for the year ended 31st December 2024
1 ACCOUNTING POLICIES
{al Basls of preparntlon of the financial slatements
The finanual slalements have been prepared under the char￿eS Aca 2011 and in ac¢x)rdance wth the Church Accounb'TrJ
Regulats"ons 20C6 togetherwth applicable accounling standards arKI the Statement of Rec0rnMend￿ Pra￿1￿ IFRS 102)
"Accounting and ReportirrfJ by Charities. I"SORP 2015-1_
The financial ststements have been prepared uThJer the historiol ¢￿st cA)nvenlion. except for the revaluation of fr*hold
propert￿$ arKI investrnenl assets as indicated in note 1(e).
The financial statements indude all transactions. assets arKI liab11rt￿ for whith the PCC És responsibte in l&Y. They do not
indude the details or transactions of church groups that o¥￿ their main affiliation lo another body. It is considered that there
are no infomal groups within the partsh whose accounts shoutd be incorporated within these financial statements. An
exception 1$ rnade for"Painting in Penn. wfv.ch is constdered to be an integral part of the life and actrvitw of SL Bartholomeyls.
The Chanty has taken advantsge of the exemption in FRS102 from the [￿￿￿ement to produ￿ a ¢ash kn statement on the
grounds that the income does not exceed £5CK).fJ)O.
There are no malerTal Un￿rtainl￿ related to events or condthis cast s￿nifiCant doubt on the Charitys ability to
cL•ntinue as a going concem.
There may be minor di8crepan¢xs in the totals as the pertyz are r￿t bel￿ slwwn.
(b) Funds
Unrestiicted funds are general funds which can be used for PCC ordinary purposes, no festriction regarding their l￿e.
Unrestricted fvnds may be d&s￿nared for a particuL8r purpose by the PCC. All transfers lo desvJnated lunds, and any
r￿SignatiOn for atternative purposes Ofa￿K￿nts preV￿$1Y set ash*. sutyect to PCC resolution.
Reslricted funds repreyent lil income from trusts or endowments which may be expended only on those restrictsd objects
provided in the temis of the trust or bequest, and (ill donalrons or grants r￿1ved for a spe¢ified obiefA or invited by th& PCC
for a specific object. whith may be expended only on the speufic oty'ect for wthi(l) they V•Ere given. Any bal8no remaining
unspent at the end of each year must be cariied fo￿rd as a baiance on that furKI. The PCC aims to invest these furKI$
separately from ils free ￿serVeS. but not ne￿arily lo hokl speciffc inveslments for each fund. For investments not
specifically relating to a particular fund. intefest and dividends are apFK)rtioned to individual fund5 on an avefage balance
basis.
Ic) Incoming resource5
Planned giving, collerAons and donations are recognised only ￿ re￿Ived by or on behalf of the PCC. Ino)me Tax
recoverable on Grft Aid donations is reL￿nISed in the year as the givirwJ lo which rt relates.
DivFdends and interest are accounted for v•tsn receivat4e" no sudt inc4)me is rec£ibEd under dedudKM of taL
Contributions made by c<)mmunity groups for the use of the church premi%es are accourrted for when r￿Ned.
Income generated from fund-raising adivrfies (includiNJ Ihe sak of trf)oks and other items) is reported gros5.
(d) Resources expended
Grants and donatsons to mtssions aThJ chariknes. etc.. are accounted forvthen paid over. or when the retevant income is
designated by the PCC rf eartier.
The parish share of the di0￿san btyl is accounted forwthen due. Any arrears carrted f0rvta￿ with the agreement ofthe
diocesan aErthoritss are deducted in arriving at the amount ctharg&l in the accounts.
All other experKlrture ts generally recognised when it is 1ft￿rr￿￿ arKI 1$ accounted for gross.

ST BARTHOLOMEWS PENN PAROCHIAL CHURCH COUNCIL
(including St Anne's Church, Lower Penn)
NOTES TO THE FINANCIAL STATEMENTS for the year ended 31st December 2024
1 ACCOUNTING POLICIES (continued)
(el Flxed assets
(i) Consecrated land and buildings. benefte proyty andffrtivable church fumishings
Consecrated land and buildings and benekn property are exd￿Ied frrm t￿ finanaal statements in accordan￿ with
seclh)n 10{2lla) of the Chanties ALX 2011.
No value is placed in these finanual statements on movable church fumishings held by the churthwardens on SF￿￿al Intst for
the PCC arKI which require a faculty for disposaj. Sin￿ the PCC considers thJ"s to be inaltenable propety.
All expenditure incurred on consecrated or beneffi￿ Iwildings and movabl2 churth fumishings (vthether maintenano or
improvemen1} is vnitten off as expendrture in the Statement of Financial Adivrties and separately di%closed.
The PCC owns a church hall and 2 resthntial properties {see note 4 of the acts)unts). As a speryalised building, the hall 1$
valued at 90D/o of its insuied value. The residential prqxety in Brenton Road has teen revalued at 315t Decanber 2023
based on the Change in the Nationwde House Price Index.
(li) Other fTreholdproperti8s
These finan￿81 statements indude all non•cknnsecraled freehold properties for vthich the PCC is responsible. induding those
ft)r which the Li¢hfieKI Diocesan Trust is the ￿St(￿lIan trustee and ￿al ovmer. Each property is shovm al its ujrrent value to
to the PCC, which is determined irHlividuaSly as stated in note 4tal aThJ r&assessed annually.
(iiij Otherfixture£ ffttings and Off￿ equipff*nt
The policy ol the PCC is Ihat all experKliture on fthres. fftttngs and Offi￿ equipment is written off when any suth asset is
acquired. However, an ex￿ptiOn is made in the case of equipment purchased for use by groups in the Oak Room and
Church Hall. vthich is capitalised * cost aThJ depreoated on a straight4ine basis at 15% per annum.
{w) Investmpnts
Traid¢raft shares (for which a market value is not reèjily availabkl are included in the acLuftts at their original cost. Ml other
investments a￿ valued at their market value 2$ at the end of the ￿rrent year. Realised gains (or losses) are re¢J)gnised
when investments are sold. Unrealised gains (or losses) a￿ accounted fty on revaluation of investments al the year end.
(fj Current a¥sets
Amounts owing to the PCC linduding tax reo)¥erabJe. ￿ not yet refunded. on Gift Avj giving) are shown as debtors.
A calcutalion is made for expenses relating to future periTrts that have been paKI in advan￿.
(gl Llabillties
Amounts owing by the PCC (for expel￿rture in￿rred and lor donations or gTants approved and allocated but not yet pa>dl are
induded a5 creditors. Any amount of the parish share remaining unpahl al the year end is also provided for as an operational
(though not a legal} liabilty and included as a creditor.
Expenses which arise on a periojic basis are accxued for by apport10r￿rent or estimati¢)n. acL*rding to the car￿mStances.
Where goods or servi￿$ have been r￿1Ved but not yet invoK*d arxl the exaL# cost is not yet known. the outstanding tharge
is provided for on an estimated basis and In￿l￿ as a Lyedttor or as an accrued eyP￿. as appro￿ate.
Amounts already received but bthich relate ￿￿O[lY or parfly to later wiots are apportioned wllere appropriate and sh￿n as
income received in advance.
{h) Judgement of Estimation
The preparation ofthe financial statements in ￿nfOrrnty with generally accepted accounting practi￿$, requires the trust*s to
make estimates and assumptions that affect the reporbng of assets and liabilities. Aclual resu￿$ in the future could differ from
those estimates. In this regard the trustees believe that the mosl significant of I￿Jgement relates to the valualion of the
investsnent propety. where three different methods of ¥￿UatiOn have b*n used. See Note 4(al.
10

ST BARTHOLOMEWS PENN PAROCHIAL CHURCH COUNCIL
(including St Anne's Church, Lower Penn)
NOTES TO THE FINANCIAL STATEMENTS for the year ended 31st December 2024
2 INCOMING RESOURCES
Total
Funds
2024
Total
Fund
2023
Fund
Funts
FvThJs
Fund
2{al Donations and Legacles
Planned giving lincluding under Gift Aid}:
standing orde
weekly envelopes
Income tax recoverab￿ on planned giving
Cash on collecknon plate..
public servi￿$
baptisms, ￿lding9, fvneraLs. etc.
contactless￿e￿* Giving
84.184
6.655
8.180
3.709
90.839
13.279
24.917
75.843
11,537
24,442
21.208
6.799
4.164
6.799
4,164
3.068
8,293
3.465
1,861
Sundry donations:
Choir tour fund
Church hall maintenan
other donations
Choir general
Speafic expenditure
To offset costs of coffee. refreshments, eto
Church floo&lighling
Adult education
Organ Restoration donations
Knit & Natter
Churchyard
7.140
7.140
9,239
9,239
5.358
76
1,451
262
69
250
69
250
335
266
913
9.425
9826
16
16
16
Legacles:
for general purposes
10.070
10.070
5,709
Total Donatitim and Logacie•
149.$94
16
35.108
184.719
146,894
11

ST BARTHOLOMEWS PENN PAROCHIAL CHURCH COUNCIL
(including St Anne's Church. Lower Penn)
NOTES TO THE FINANCIAL STATEMENTS for the year ended 31st December 2024
2 INCOMING RESOURCES (conlinued)
Totsl
Total
Funds
2023
Fund
Funts
Funts
Fund
2024
21b) Inctxne from Charilable ActiVI￿e$
Rents from letting of Curates House
Fees for wedding services
Fees for funeral servi￿5
Monday ooffee momirKJ
Painting in Penn.. fees from members. eta
Other income
14.4(K)
3.510
8.718
14,41)0
4,010
14,572
{105}
1,854
12,196
225
13.277
677
13.348
13.348
9.378
66.707
9.376
19.807
{105)
2(c) Other Trading Activitles
contrtbuts.ons for communty use of Oak Room
Conlributions for community use of Church Hall
Famierfs market sales
In￿rne from Flower Feslivavcraft Fair
Income from Christmas Fair
Parish Newsletter advertisements
Cake stalVBring & buy sales
Income fr(￿ft Cald sales
Bookstall sales
Contributions to hosprtalty services
Income from other fundraising
Income from concerts
8.061
26,489
801
2,140
2,566
1,530
7,104
24,208
26.489
2.140
3.330
3,9(k8
495
1,530
1.855
26
418
580
126
297
418
710
125
297
629
236
44.676
1.855
40,616
2{dl Inve5tmgnts
Bank interest.. General fijnd
Intere9t on CBF deposit furKI account
755
531
153
1,439
755
531
153
2{el Other Income
Wayleaves (electriuty sub-Stati¢)n, eto)
204
Total Incoming Rsoufees
231,030
20.354
37.012
288.396
218.736
12

ST BARTHOLOMEWS PENN PAROCHIAL CHURCH COUNCIL
(including St Anne's Church. Lower Penn)
NOTES TO THE FINANCIAL STATEMENTS for the year ended 31st December 2024
3 RESOURCES EXPENDED
Tolal
Funds
2023
FWKI
Funds
Fund
2024
31a) Raising Funds
Costs of Flower Fe5tivaVCraft Fair
Costs of Christmas Fair
Costs of fund raisinglstewardship campawJr
75
217
750
176
176
442
1.042
31b) Expenditsre on Charitible Actsvit*s
Missionary. charitab￿ and other giving..
from general income
Parish Share I Common Fund
11.323
11,323
00.5t11
10,579
59.315
Stsff Costs..
Buiwings AdministratorlParish Office Wother
ChoiTmaslerslLeaders
Vicals working expenses
Sub total canled fonvard
25.802
10.279
2.855
110,759
25.802
10,279
2.855
110,759
25,036
8,156
2.577
105.664
13

ST BARTHOLOMEWS PENN PAROCHIAL CHURCH COUNCIL
{induding St Anne's Church, Lower Penn>
NOTES TO THE FINANCIAL STATEMENTS for the year endod 31st De¢*nber 2024
3 RESOURCES EXPENDED (continuod)
Total
Fu•ds
2D23
Funds
2024
Fw
31bl Expend￿￿* on ChJri&l>le Acbvrfm (Confdj
Su&totsik)ro¢wht fonvwd
Christian education
Chriskn8n education. youth v•yk
110,759
135
105.864
1.036
45
Painting in P•nn- ewses
Knit & Natter
4.131
1131
102
Parish ¢Jffice thlo ￿￿er
General adrnini5trabon
Website IAdm¢nislr8ti0n System Costs
￿￿e￿endent Eyaminefs Fees
851
2.679
1.403
1.791
1.791
245
Churcth. 9as
Church. e*rbity
Church. Wdler
Churth. insUrar￿8
Churth- rnwntenar
Church. running eosts
Churol. r*aniry
Cleaning m8lwiaL%
Waste ColkctKn
Health & Safety Costs
Sl Bart's ¢hurch repairs
Oak room- c5aaning
00k room- repairs
7A46
11.042
297
7,254
11.042
297
3.e14
8.678
203
1218
2.218
1.533
2.375
4.475
1.698
1.571
1.671
4,317
1,230
162
753
1128
4476
1,898
1.168
StAnne'J.
StAnne's- insurarre
SIAnne's- wal
Sl Anne's- c4eaninp
St Anr￿'8- repai
1.855
2.461
167
218
388
72
1,3n
2.942
4314
ChL¥ch ￿￿1. gas
ChLtr¢h Hall- e
Church Hall- insurance
Chural Hall- Waler
Churth Hall- c58anTng
Church Hall. runniry cc*ts
Churth Hall- r8psirs
3.495
6.887
950
3h9S
6.887
950
3.327
8.147
1,159
4208
31
2,519
262
9.082
S62
9*22
539
Church yard costs
VThcarage
8.803
440
2.B42
11,646
10,595
Organk8ts
Mu&G and ¢hc4rexwses
Cathedral visits
Organ Ènd pano tuning
OToan Resloralim r05ts
10,$79
270
7.527
7,797
1.186
6.693
Attar requisites and other %Mcecosts
Refreshments for thufch
mos￿ta1rtY aftw Seryices
JI other expenses
734
352
132
402
132
402
2.055
2.428
105 Brer*on Ro*J- uisurarKe
105 Brenton Rc*d_ aoentfees
105 Brenlon Road. tax
105 Btènlcn Road- ublthe5
1Q5 Brerrton R08d. mainterW￿*
649
2.275
631
227S
337
233
2,348
233
4,559
222.919
9,451
11.302
2￿$?2
227,8$2
To¢al Tr80urces *xp•nded
223.361
9.451
11.3W
244114
213.160
14

ST BARTHOLOMEWS PENN PAROCHIAL CHURCH COUNCIL
(including St Anne's Church, Lower Penn)
NOTES TO THE FINANCIAL STATEMENTS for the year ended 31st December 2024
4 FIXED ASSErs
Equiwhert used
P￿ntI
In Penn
Grart
tchuwrh S ReSId¢￿￿1 funded
d Iwilrfi
Total
41a) Tangible fixed assets
Cost or Valuation..
At 1st January 2024
470.(th 363.596
833,596
Accumulated depreu"aty"on'.
Al 1st January 2024
Charge for year
At 31st D￿rnber 2024
Net book value at 31st December 2024
470.000 363.596
833,596
Net book value at 31$1 December 2023
470,Crf)O
363.596
833,596
The accounting policies relating to the vartous ￿tegOrieS of tsngible fred assets are set out in Note 1{el. The fffthold
properties are included in the accounts as detai* Hi the footnotes below.
t The Church Hall, which is situated al Vicarage Road. Penn. Wolverhampton. vas orKJin0￿ bulk in 1913 and has since been
altered andlor extended several times. As this is a $￿iall$ed buikling and there is no present intention lo dispose of the
propety, no fomal valuation has been obtsined. At 31st De￿mber 2008 the hall vas valued at of it5 insured value
linslead of 100% as in previous years). Sin￿ PCC n(hV Tecognises that the use of the fvll insured value (which is intended
lo cover demolilion and site dearan￿ in additson to rebuilding costs in the event of the complete replacement of the propety)
may result in the overstatement of the current value of the e￿$ting building.
S The PCC'S residential propertw are comprwl of:
{1} the freehold house at 105 Brenlon Road. Penn. w0￿e[haMpIOn. This property was acquired in 1984 as
aceommodalion for a curate bul is cutrently let on a short-lem tenancy. In N¢)vember 2010 the PCC agreed in princip
to the sale of this property for the SO￿ purpose of ratsirg funds for the refurb￿lrnent of the Church Hall, bul no action has
yel been taken in this respect. Having previosuty teen carr*d at a historical valLEation dab't¥J back to 2009. the propety
was revalued as at 31st December 2022 al £348,596 in line with the Nab"onwkJe House Price Index.
and
{iil another freehold house in Ihe Penn area bequeathed by a parishK)ner wlK* died during 2(￿. UIKler the terms of this
bequest. members of the deceaseds family have Ihe rvaht lo continue to live there for as long as they may wsh {during
which lryne they wll be resp0fisb￿ for all running and maintenance costs). This property 15 valued at £15,OLKI. vthich tskes
full account of the polenlial ￿n9th of time before Ihe PCC may be abk to obtain vacant possession of the property, gNen the
current age of the younger15fe-tsnant. In view of these special arcumstances. the detabi of thts b4uest and the locaion of
the property have not yet been publicised. The PCC have agreed this poly.
15

ST BARTHOLOMEWS PENN PAROCHIAL CHURCH COUNCIL
(including St Anne's Church. Lower Penn)
NOTES TO THE FINANCIAL STATEMENTS for the year ended 31st December 2024
4 FIXED ASSETS (continued)
Tr41dcrnft
Tolal
41bl Inveslment assets
At 1st January 2024
R&allocation of investsments
Gains on revaluation
65.313
753
3.410
714
53)
39
16.979
115
33,122
957
4.406
At 31st December 2024
69.476
17.936
115
87,528
5 CURRENT ASSETS
At
31.1124
At
31.12.23
5(a) Debtors and Prepa￿nts
Amounts receivab
Tax recoverab18 on giving under GiftAid
Prepayments
Credit balanc£s hekl suppliers
Balance with D￿San Interior Decoratton Scheme {see also note 7{c)I
5A35
757
3N7
3.115
4,687
2.363
3,115
12￿4
11,829
51bl Cash at bank and in hand - 2024
unrestric￿ D•slgnated R•strl¢ted
fund$
fund$
Totsl 2024
CBF deposit account
The Co-operative Bank PLC- cu￿ent acecNJnt
Cash in harKI
15.587
12.676
700
10,531
33.693
2,434
41.026
28,552
87,395
140
28.963
44.224
42,￿0
116.087
4bl Cash at bank and in hand - 2023
fuftds
funds
funds
Totsl 2023
CBF deposit account
The Co-operative Bank PLC- current account
Cash in har)d
14,299
2.880
224
2.814
15.834
27,113
49,196
224
30.482
17.403
40.482
18.648
76.533
16

ST BARTHOLOMEWS PENN PAROCHIAL CHURCH COUNCIL
{inGluding St Anne's church, Lower Penn}
NOTES TO THE FINANCIAL STATEMENTS for the year ended 31st December 2024
6 UA8IUTIES: AMOUNTS DUE WITHIN ONE YEAR
At
31.1124
At
31.12.23
Agency Collections {ind. v*ddiTrJ and fees due lo Lrchfield fMJresen Boatd of Finar￿)
Sundry creditors payab
Accrued expenses
Donabons alloc8ted from general irKJ)me but not yet pa*J over
8.621
703
4,186
2,078
1.628
1,573
11.884
15,587
7 FUNDS
The nature of each class offund is ewained in Thjtè 1(bl.
Transfers beiwn fur¥ls are detalled 7{el.
G•iMI
71al Unrestrkt•d fund$: General
31.1123
IS••71•ll food 4M•
31.1224
Unrestricted General FuTrJ
84.899
231,030
{223.3611
7.B10
3.410
103.78B
71bl Unrestrict•d fund$: desl9natod
Bell Toww Fund
Choir Tovr Fund
Churchyard Fund
Youth Worker Fund
Church Hall Refvrb
Legacy FuThJ
Mission Fund
Organ Fund
Pa￿￿1￿j in Penn"Generaf FLW
100
7,140
2,*5
17.1401
12.8421
17.
11S.OWI
1687
539
714
10,CKK)
5.970
4.¥23
15391
{7531
531
3.410
13.348
10.531
23,195
6.331
11.186)
14.1311
15,COJ
(7.8101
41.1
27.494
116.5911
(7.8101
39
44,328
Fund description..
Choir Tour Fund
Ftychoir costs. indudir¥J annual catt*dral iesidenlial visits
For the Marntenan￿ and Lwkeep ol the thtwchya
For ytyJth wcwk Iprimanly employment r))sts associated th Ihe Yotth & Farnily wot*er)
For ￿lshment of Ihe church hall
For majty p[ry￿ts {usually buldiwabric rtlat￿l
Churchyaid Fund
Yo(rth Worker Fund
Hall Reftyb Fun
Lega¢y Fund
Mission Fund
Organ Fund
Painting ira Penn"Generaf F￿d
For ￿ maintenance aThl l￿k￿P Of￿ organ
For Ihe Swof PainiiryJ-i￿per￿ art-based dwrth grrAWts)mmwity outreath woiecti
17

ST BARTHOLOMEWS PENN PAROCHIAL CHURCH COUNCIL
(including St Anne's Church, Lower Penn)
NOTES TO THE FINANCIAL STATEMEKfs for the year ended 31st December 2024
7 FUNDS lcontlnued)
IrKoming Resourc4s Id•tsitqd in IloBsMI
31.1123 ResourreB Ewnd•d note 7lell ffixed assets
At
31.1124
71¢) Rgstrkl¢d funds
Restricied Funds
st. knne's Church Fund
Choii Fund
FlowEr Fund
Church Hall Palio
Hall Garden FuThl
Interior DecoralN)n Fund
Organ Resloration Fund
Pa￿e- Christian Education
Parke- Pew Bibks
Parke- Hymn Books
Puppets in Penn Fund
2.942
492
1.072
602
1,072
13001
3.115
1,227
3.116
31,051
2.211
17,072
915
429
29.823
48
91
{533)
16.162
819
421
29,802
29.977
{4.267)
957
56,469
71dl Capltal fund
PCC propoit*s las val￿1 per note 418})
833.596
833.596
Fund desuip¢ion."
St. Anne's Church Fund
For the maintenance & upkeep ofst Anne* Chu
FOT Ihe maintenarKe of ltte bell bdls at St Barthcdome￿$ Church
For ihe intallation of rw heabry systems at bolh St Barthobm*s & Sl Anne's Churthes
8è11 Tth¥er Fund
Churth heatitvJ proied
Choir Fund
Flower Fund
Fwdwrch fio*ers
For knmill￿J of prasv shaw15
Forthè thJiurE devdopft￿t ol a pati￿gathering area otrtside the Church Hall
For the de¥eb)pmenl tsf the church hall gard
For intemal redecorab.on ofts* Wurage. Futth a￿ hekl withMI the Lithfekl
Cloc*￿n Inteiior tkcorntion ScI￿e (see note 5a). Annual bonuses added by the
Cio¢ese a￿ shown Ni note 2(dl.
For ts repair aThl ￿St0[all0￿ ofllE organ at St Bartl￿￿5 church
For replacernenl of w kne*r5
For$￿¢ donations made ty the Paintirw in Penn art glOUP
F(K of a churth of membe[5 of Ihe Parte fammyl
devÈkymenl of Chrtstian ￿utalK)n the (tsrch commuftty
Forthe purthase of pc* tib
For the purthase of hymn book5
For rnnring costs forthe Penn pup•rs. a swrtmig Y￿ worshy)
Knlt & Natter
Chuf¢h Hall patio
Hall Garden Fund
Inlerior Decoration Fund
Organ Restorntion
Pew kneelers
Painting in Penn Donaiitins
Parke . re-gL3ZiThJ
Parke- Chrfstian E￿L￿ti¢n
Parf(e- Pew Bibl•s
Pathe- Hymn Books
Puppets in Penn Fund
18

ST BARTHOLOMEWS PENN PAROCHIAL CHURCH COUNCIL
(including St Anne's Church. Lower Penn)
NOTES TO THE FINANCIAL STATEMENTS for the y•ar anded 31st DeCeM￿r 2024
2023 Funds
Galns I
Trartsfthy Ilo55e51 on
At
31.1122 Resource5 •xpeThled IS•e7lell fSxed assets 31.12.2023
7(a) Unr8strictgd funds: General
un￿StriCted General Fund
190.627 (209.088)
8.415
6,940
B4,899
7(bl Unrestrscted funds: designated
Choir Tour Fund
Churchyard Fund
Youth Wot1(er Furtd
Church Hall Refurb
Legacy Fund
Mission Fund
Organ Fund
Painting in Penn"General" Fund
77
17,564
1,409
539
714
10,000
5,970
4.923
19.012
(3.3121
539
10.tM]O
4.324
3.611
3,270
13.277
11,624)
13,550) {8.4151
39.543
18.488
8.486}
8.415
65
41.196
Galn8 1
Incomin9 Re50UfCO8
110s5esl on
At
31.1122 Resources expended Trnn5fws fixe¢l *sels 31.12.2023
71cl Restrfcted funds
Restricted Funds
St. Anne's Church Fund
Choir Fund
FI¢>￿*r Fund
Knit & Natter
Church Hall Patio
Hall Garden Fund
Interior Deeoration Fund
Organ Re51grab'on Fund
Pew Kneelers
Parke - chrisb.an Ed￿￿ttOn
Parke - Pew Bibles
Parke - Hymn Books
Puppets in Penn Fund
2.942
105
1.072
62
1942
492
1.072
(6.6931
{70}
602
300
3.115
1.227
3.115
2.027
(800}
13.618}
(149}
2.542
14.914
31
53
179
1.194
2,602
1&162
866
421
415
30.075
9,620
11.330
1.437
29,802
7{d} Ca￿1 fund
PCC Propert￿ las valued per nole 4la)I
833.596
19

ST BARTHOLOMEWS PENN PAROCHIAL CHURCH COUNCIL
(including St Anne's Church. Lower Penn)
NOTES TO THE FINANCIAL STATEmE￿rs for the year ended 31st December 2024
7 FUNDS (continued)
Total
Funds
2024
Total
Funds
2023
Capmal
Fund
71e} Transfe￿ beiween funds
Fuhd
Fub
Funds
AJnounts transfer￿ bel*Een funds
7.810
(7.8101
Tolal Translers behveen funds
7.810
{7.810)
8 la) STAFF COSTS
2024
2023
Wages and salaries. eto
36.081
33,192
The PCC employed the folkpmny part-twne members of staff during the ￿ar. a parish Offi￿ seuetsryladmini%tr*ir and a
buiklings admini$lralor. Nerfher of these indtvkluals eamed more than £60.C#JO per annum.
The amounts $hovm above for W and salarts, eto- al¥0 indude empb>Ers nats.onal insurance. pensions payments as %*ll as
fres paKJ to two semempw musicians fortheir services as choir leaders.
The PCC uses the National Employment SaviThJs Tmst (NEST) for ts penS￿n payrnents. During 2024 the parish made £1.432 in
pension paymenls.
8 (b) RELATED PARTIES
A small HNneterial portion trfthe expenses p¥•J to the incumbènt may have ￿l￿d to his seNw8 as chaiman ofthe PCC.
OonalKJns from reLgted parties IPCC members) totsued £10.284 (2023.. £9.692} in the ￿ar.
8 (c) FEES FOR EXAMINATION OF THE ACCOUNTS
The Independent Examine¢s fee for 2024 is £175 (2023". £175). No otherfees ￿re pa•J to the Independent Examiner.
9 ANALYSIS OF NET ASSETS BY FUND- 2024
Total
Funds
31.12.24
Total
Fund8
31.1223
Fund
Funds
Funds
FuThJ
Tangible fixed assets
Investments
Current Assets
Currenl lièbilit
41a
4(b)
833.596
833,9
87,529
128,940
111,8841
833,596
83.122
88,363
115.5871
69,592
39,198
{s.c￿)
17.937
45,414
{6.882)
44.328
Total netassets
103.788
44.328
56.469 833.596 1.038.181
989,493

ST BARTHOLOMEWS PENN PAROCHIAL CHURCH COUNCIL
(including St Anne's Church, Lower Penn)
NOTES TO THE FINANCIAL STATEMENTS for the year ended 31st December 2024
9 ANALYSIS OF NET ASSETS BY FUND - 2023
ullrp5f￿ Fu
Total
Total
Fund5
Fubwj
Funds
Fund
31.12.2023 31.12.2022
Tangitk fLxed assets
Investments
4(a)
41b)
833.596 833.596
83.122
88,363
11458n
833.59$
66.611
106,662
(23,7181
65.428
26.437 40.482
16.%71
714
16.979
21.443
{8.6211
Current Assets
Currentl￿1b1knhes
Total netassets
84.899
41.196
29.802
833.596 989,493
983.150
10 SOFA COMPARATIVES
(year eTrdln9 31"Decomber. 20
Funds
Ftmd
Fund5
Incomln
r•sou
Donations and Legacies
Income from Charilable Activities
Other TradirKJ Aclfvities
Investments
Olher Income
137.479
30.179
40.616
9.416
146.894
30,179
40.616
842
204
218.736
204
204
209.116
9.620
Resources ox
Raising Funds
Expenditure on ChaFitabk Acti￿t￿S
1.042
216.532
217,573
1.042
227.862
228,904
11.330
11.330
Galns on fixed ass•ts:
On disposal of investments
On revaluation of investments
1.437
8.442
Nrt incomlng I loutgolngl r•8ourc
for th• yo•r befor• transf•rn
1.4531
2731
1.726
Translers bèts%Een fijnds
N•t m0￿M￿nt offunds
{1.4531
{273)
{1.7261
Balances brought foThvard at beg￿n￿￿j
of year
127.552
30.071 833.
991,219
at end of year
126.099 29.798 833.596
989A93
21