St Mary’s Church, Higham Ferrers Year ended 31/12/2024
Statement of Financial Activities
| Unrestricted funds Designated funds Restricted funds Endowment funds Total funds Prior year total funds |
|
|---|---|
| Income and endowments from: Donations and legacies £63,894.06 0.00 £11,755.82 0.00 £75,649.88 £74,639.20 Income from charitable activities £7,993.25 0.00 0.00 0.00 £7,993.25 £10,487.97 Other trading activities £12,628.32 0.00 £8,257.00 0.00 £20,885.32 £42,368.41 Investments £192.22 £1,665.58 £5,273.57 0.00 £7,131.37 £6,843.49 Other income £1,433.59 0.00 0.00 0.00 £1,433.59 £6,944.47 Total income £86,141.44 £1,665.58 £25,286.39 0.00 £113,093.41 £141,283.54 Expenditure on: Raising funds £439.52 0.00 £3,167.15 0.00 £3,606.67 £4,568.88 Expenditure on charitable activities £80,806.02 0.00 £24,923.64 0.00 £105,729.66 £247,515.51 Other expenditure 0.00 0.00 0.00 0.00 0.00 0.00 Total expenditure £81,245.54 0.00 £28,090.79 0.00 £109,336.33 £252,084.39 Net income / (expenditure) resources before transfer £4,895.90 £1,665.58 (£2,804.40) 0.00 £3,757.08 (£110,800.85) Transfers Gross transfers between funds - in 0.00 0.00 0.00 0.00 0.00 £1,832.40 Gross transfers between funds - out 0.00 0.00 0.00 0.00 0.00 (£1,832.40) Other recognised gains / losses Gains/losses on investment assets 0.00 0.00 0.00 0.00 0.00 0.00 Gains on revaluation, fixed assets, charity's own use 0.00 0.00 0.00 0.00 0.00 0.00 Net movement in funds £4,895.90 £1,665.58 (£2,804.40) 0.00 £3,757.08 (£110,800.85) |
from: £63,894.06 0.00 £11,755.82 0.00 £75,649.88 £74,639.20 £7,993.25 0.00 0.00 0.00 £7,993.25 £10,487.97 £12,628.32 0.00 £8,257.00 0.00 £20,885.32 £42,368.41 £192.22 £1,665.58 £5,273.57 0.00 £7,131.37 £6,843.49 £1,433.59 0.00 0.00 0.00 £1,433.59 £6,944.47 |
| £86,141.44 £1,665.58 £25,286.39 0.00 £113,093.41 £141,283.54 £439.52 0.00 £3,167.15 0.00 £3,606.67 £4,568.88 £80,806.02 0.00 £24,923.64 0.00 £105,729.66 £247,515.51 0.00 0.00 0.00 0.00 0.00 0.00 |
|
| £81,245.54 0.00 £28,090.79 0.00 £109,336.33 £252,084.39 |
|
| £4,895.90 £1,665.58 (£2,804.40) 0.00 £3,757.08 (£110,800.85) |
| Reconciliation of funds Total funds brought forward Total funds carried forward Represented by Unrestricted General fund Designated Choir Robes Choir Vestry Community Outreach Father Warnes Grace Milgate & Peggy Horsfield Young People Fund Restricted Agency collection Bede House Bell Appeal Chantry Chapel Childrens Corner Choir Elizabeth Groome Organ Scholarship Heating Fund J Crew (Fabric) Lady Chapel Restoration Fund Servery St Marys 600 Appeal |
|
|---|---|
| (£1,461.60) £31,665.00 £128,770.60 0.00 £158,974.00 £269,774.85 |
|
| £3,434.30 £33,330.58 £125,966.20 0.00 £162,731.08 £158,974.00 £3,434.30 0.00 0.00 0.00 £3,434.30 (£1,461.60) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 £33,330.58 0.00 0.00 £33,330.58 £31,665.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 £5,192.79 0.00 £5,192.79 £5,192.79 0.00 0.00 £4,110.65 0.00 £4,110.65 £6,364.46 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 £310.14 0.00 £310.14 £310.14 0.00 0.00 £1,547.98 0.00 £1,547.98 £1,547.98 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 £3,267.22 0.00 £3,267.22 £3,195.04 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 £62,553.92 0.00 £62,553.92 £54,766.72 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 £48,983.50 0.00 £48,983.50 £57,393.47 |
Balance Sheet detailed
| Class and code Description |
As at 31/12/2024 As at 31/12/2023 |
|---|---|
| Current assets 6501 Lloyds TSB current account 6503 Lloyds TSB 600 Appeal account 6505 Lloyds TSB Restoration account 6510 CCLA (CBF) General fund 1D 6520 CCLA (CBF) Restoration fund 3D 6530 CCLA (CBF) Bell Appeal 4D 6540 J Crew Investment account 6550 CCLA Grace Milgate 6560 CCLA (CBF) Father Warnes 6590 Cash in hand Z05 Accounts Receivable Total Current assets Liabilities 6601 Loans received 6699 Agency collections Z04 Accounts Payable Total Liabilities Net Asset surplus (deficit) Reserves Excess/(deficit) to date Z01 Starting balances Total Reserves Represented by Funds General (Unrestricted) Designated Restricted Total |
£20,362.02 £15,575.12 £16,643.79 £20,269.35 0.00 0.00 £2,048.97 £1,945.70 £84,787.17 £81,778.65 £3,891.72 £6,145.53 £3,267.22 £3,195.04 £33,045.24 £31,379.66 0.00 0.00 £25.56 £25.56 0.00 0.00 |
| £164,071.69 £160,314.61 0.00 0.00 £1,340.61 £1,340.61 0.00 0.00 |
|
| £1,340.61 £1,340.61 |
|
| £162,731.08 £158,974.00 |
|
| £3,757.08 £89,821.47 £158,974.00 £69,152.53 |
|
| £162,731.08 £158,974.00 £3,434.30 (£1,461.60) £33,330.58 £31,665.00 £125,966.20 £128,770.60 |
|
| £162,731.08 £158,974.00 |
Analysis of income and expenditure
Total
| **Unrestricted ** | Designated | **Restricted ** | Endowment | This year | Last year | |
|---|---|---|---|---|---|---|
| INCOME AND ENDOWMENTS FROM: | ||||||
| Donations and legacies | ||||||
| 0101 - Gift Aid - Bank | £31,892.67 | 0.00 | 0.00 |
0.00 | £31,892.67 | £34,118.36 |
| 0110 - Gift Aid - Envelopes | 0.00 | 0.00 | 0.00 |
0.00 | 0.00 | £1,523.55 |
| 0120 - Donations -Gift Aid | 0.00 | 0.00 | 0.00 |
0.00 | 0.00 | £820.00 |
| 0301 - Loose plate collections |
£14,376.00 | 0.00 | 0.00 |
0.00 | £14,376.00 | £5,479.21 |
| 0302 - Envelopes - Non Gift Aid |
0.00 | 0.00 | 0.00 |
0.00 | 0.00 | £956.25 |
| 0304 - SumUp Payments | £3,445.00 | 0.00 | 0.00 |
0.00 | £3,445.00 | 0.00 |
| 0405 - Web Site donations | 0.00 | 0.00 | 0.00 |
0.00 | 0.00 | £218.48 |
| 0550 - Donations appeals etc |
£870.01 | 0.00 | £7,355.82 |
0.00 | £8,225.83 | £605.00 |
| 0601 - Tax recoverable on Gift Aid |
£7,032.78 | 0.00 | 0.00 |
0.00 | £7,032.78 | £7,487.97 |
| 0701 - Legacies | £3,192.00 | 0.00 | 0.00 |
0.00 | £3,192.00 | 0.00 |
| 08A1 - Non-recurring one- off grants |
0.00 | 0.00 | £4,400.00 |
0.00 | £4,400.00 | £23,252.51 |
| 0901 - Other funds generated |
£3,085.60 | 0.00 | 0.00 |
0.00 | £3,085.60 | 0.00 |
| 0902 - Wall Safes-Candles | 0.00 | 0.00 | 0.00 |
0.00 | 0.00 | £102.17 |
| 0906 - Church Flowers | 0.00 | 0.00 | 0.00 |
0.00 | 0.00 | £25.70 |
| 0908 - Misc | 0.00 | 0.00 | 0.00 |
0.00 | 0.00 | £50.00 |
| Donations and legacies Totals |
£63,894.06 |
0.00 | £11,755.82 | 0.00 | £75,649.88 | £74,639.20 |
| Income from charitable activities | ||||||
| 1101 - Fees for weddings and funerals |
£7,993.25 | 0.00 | 0.00 |
0.00 | £7,993.25 | £10,450.20 |
| 1210 - Bookstall sales to promote objectives |
0.00 | 0.00 | 0.00 |
0.00 | 0.00 | £37.77 |
| Income from charitable activities Totals |
£7,993.25 |
0.00 | 0.00 |
0.00 | £7,993.25 | £10,487.97 |
| Other trading activities | ||||||
|---|---|---|---|---|---|---|
| 0551 - Fund Raising | £3,163.37 | 0.00 | £8,257.00 | 0.00 | £11,420.37 | £4,404.73 |
| 0555 - St Marys 600 Appeal | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | £29,999.40 |
| 1102 - Heating & Lighting | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | £495.00 |
| 1220 - Bookstall sales - fund raising |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | £52.83 |
| 1231 - Bede House - Lettings |
£9,464.95 | 0.00 | 0.00 | 0.00 | £9,464.95 | £7,416.45 |
| Other trading activities Totals |
£12,628.32 | 0.00 | £8,257.00 | 0.00 | £20,885.32 | £42,368.41 |
| Investments | ||||||
| 1001 - Dividends | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | £43.88 |
| 1010 - Increase in share value |
0.00 | 0.00 | £72.18 | 0.00 | £72.18 | £273.00 |
| 1020 - Bank and CBF interest |
£192.22 | £1,665.58 | £5,201.39 | 0.00 | £7,059.19 | £5,506.61 |
| 1030 - Rent from lands or buildings |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | £1,020.00 |
| Investments Totals | £192.22 | £1,665.58 | £5,273.57 | 0.00 | £7,131.37 | £6,843.49 |
| Other income | ||||||
| 0602 - VAT Reclaimed | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | £6,547.80 |
| 0909 - Chelveston Stationery Contribution |
£767.59 | 0.00 | 0.00 | 0.00 | £767.59 | 0.00 |
| 1315 - Special Collections | £666.00 | 0.00 | 0.00 | 0.00 | £666.00 | £396.67 |
| Other income Totals | £1,433.59 | 0.00 | 0.00 | 0.00 | £1,433.59 | £6,944.47 |
| Income and endowments Grand totals |
£86,141.44 | £1,665.58 | £25,286.39 | **0.00 ** | £113,093.41 | £141,283.54 |
EXPENDITURE ON:
| Raising funds | ||||||
|---|---|---|---|---|---|---|
| 1730 - Costs of fundraising | £439.52 | 0.00 | £3,167.15 | 0.00 | £3,606.67 | £155.17 |
| 1735 - St Marys 600 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | £4,413.71 |
| Raising funds Totals | £439.52 | 0.00 | £3,167.15 | 0.00 | £3,606.67 | £4,568.88 |
| Expenditure on charitable activities | ||||||
| 1870 - Secular charities | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | £500.00 |
| 1875 - Special Collections | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | £430.00 |
| 1910 - Parish Share payments |
£30,000.00 | 0.00 | 0.00 | 0.00 | £30,000.00 | £25,000.00 |
| 2001 - Assistant staff costs | £1,360.01 | 0.00 | 0.00 | 0.00 | £1,360.01 | 0.00 |
| 2050 - Salary of parish administrator |
£7,887.48 | 0.00 | 0.00 | 0.00 | £7,887.48 | £2,325.00 |
| 2101 - Working expenses of incumbent |
£586.34 | 0.00 | 0.00 | 0.00 | £586.34 | 0.00 |
| 2201 - Parish training and mission |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | £930.00 |
| 2301 - Church running - insurance |
£10,267.77 | 0.00 | 0.00 | 0.00 | £10,267.77 | £9,959.52 |
| 2303 - Miscellaneous | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | £239.15 |
| 2310 - Church office - telephone |
£729.67 | 0.00 | 0.00 | 0.00 | £729.67 | £908.07 |
| 2320 - Organist costs | £3,770.00 | 0.00 | 0.00 | 0.00 | £3,770.00 | £3,984.02 |
| 2330 - Church maintenance | £6,552.06 | 0.00 | £2,580.00 | 0.00 | £9,132.06 | £3,497.66 |
| 2340 - Upkeep of services | £1,053.84 | 0.00 | 0.00 | 0.00 | £1,053.84 | £2,490.02 |
| 2350 - Upkeep of churchyard |
£70.00 | 0.00 | 0.00 | 0.00 | £70.00 | £12.99 |
| 2360 - Administration | £491.35 | 0.00 | 0.00 | 0.00 | £491.35 | £572.63 |
| 2361 - Photo Copier/Printing | £1,926.61 | 0.00 | 0.00 | 0.00 | £1,926.61 | £1,796.19 |
| 2370 - Visiting speakers / locums |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | £660.00 |
| 2401 - Church running - electric |
£1,678.98 | 0.00 | 0.00 | 0.00 | £1,678.98 | £1,950.93 |
| 2402 - Chantry Chapel - Electricity |
£1,643.39 | 0.00 | 0.00 | 0.00 | £1,643.39 | £1,692.03 |
| 2410 - Church running - gas | £4,577.47 | 0.00 | 0.00 | 0.00 | £4,577.47 | £9,027.67 |
| 2420 - Church running - water |
£154.01 | 0.00 | 0.00 | 0.00 | £154.01 | 0.00 |
| 2510 - Bookstall costs | £78.50 | 0.00 | 0.00 | 0.00 | £78.50 | 0.00 |
| 2526 - Fees re | ||||||
|---|---|---|---|---|---|---|
| Weddings/Funerals- | £615.40 | 0.00 | 0.00 | 0.00 | £615.40 | £4,199.60 |
| Disbursements | ||||||
| 2530 - Bede House - electricity |
£1,500.30 | 0.00 | 0.00 | 0.00 | £1,500.30 | £2,156.18 |
| 2540 - Bede House - gas | £2,834.15 | 0.00 | 0.00 | 0.00 | £2,834.15 | £4,949.52 |
| 2545 - Bede House - Water Rates |
£630.49 | 0.00 | 0.00 | 0.00 | £630.49 | £572.60 |
| 2560 - Bede House - General Expenditure |
£646.20 | 0.00 | £1,488.00 | 0.00 | £2,134.20 | £4,544.92 |
| 2565 - Bede House - Cleaning |
£1,752.00 | 0.00 | 0.00 | 0.00 | £1,752.00 | £5,172.10 |
| 2701 - Church major repairs - structure |
0.00 | 0.00 | £20,855.64 | 0.00 | £20,855.64 | £157,257.91 |
| 2710 - Church major repairs - installation |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | £2,686.80 |
| Expenditure on charitable activities Totals |
£80,806.02 | 0.00 | £24,923.64 | **0.00 ** | £105,729.66 | £247,515.51 |
| Expenditure Grand totals | £81,245.54 | 0.00 | £28,090.79 | **0.00 ** | £109,336.33 | £252,084.39 |
Independent Examiner’s Report to the Trustees of St Mary’s Church, Higham Ferrers.
I report on the accounts of the church for the year ended 31/12/2024.
Respective responsibilities of trustees and examiner
The church’s trustees are responsible for the preparation of the accounts. The church’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 needed.
It is my responsibility to:
- examine the accounts under section 145 of the 2011 Act);
• to follow the procedures laid down in the General Directions given by the Charity Commission (under section 145(5)(b) of the 2011 Act); and
- to state whether particular matters have come to my attention.
Basis of independent examiner’s report
My examination was carried out in accordance with 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 disclosures in the accounts, and seeking explanations from you as 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 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 examiner’s 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 requirements
-
to keep accounting records in accordance with section 130 of the 2011 Act; and • to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act 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.
Paul Adams 19 Wymington Park Rushden Northants NN10 9JP
25/04/2025