## **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: 1. 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 2. 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