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← The Parochial Church Council Of The Ecclesiastical Parish Of Saint John And St Luke, Bilton, Harrogate

2024-12-31-accounts

PAROCHIAL CHURCH COUNCIL OF ST JOHN AND ST LUKE, BILTON

ACCOUNTS

FOR THE YEAR ENDED 31st DECEMBER 2024

External Examiner Darren Tiffney

Treasurer David Brown

PAROCHIAL CHURCH COUNCIL OF ST JOHN AND ST LUKE, BILTON

STATEMENT OF FINANCIAL ACTIVITIES For the year ended 31 December 2024

INCOMING RESOURCES
Incoming resources from donors
Other voluntary incoming resources
Income from charitable and ancillary trading
Other ordinary incoming resources
Income from investments
Profit on sale of fixed assets
TOTAL INCOMING RESOURCES
RESOURCES USED
Grants
Activities directly relating to the work of the Church
Fund-raising and publicity
Church management and administration
TOTAL RESOURCES USED
NET INCOMING/(OUTGOING) RESOURCES
GAINS AND LOSSES ON INVESTMENTS
Realised
Unrealised
NET MOVEMENT IN FUNDS
BALANCES BROUGHT FORWARD AT 1 JANUARY
TRANSFERRED BETWEEN FUNDS
PRIOR YEAR ADJUSTMENTS
BALANCES CARRIED FORWARD AT 31 DECEMBER		 Note Unrestricted
Restricted Endowment
Funds
Funds
Funds
2024
2023
£
£
£
£
£
Total Funds
2(a)
2(b)
2(c)
2(d)
2(e)
2(f)
3(a)
3(b)
3(c)
3(d)
8		 158,582
7,390
0
165,972
193,666
67,805
19,000
0
86,805
21,826
60,640
0
0
60,640
58,155
1,125
0
0
1,125
778
1,557
1,351
0
2,909
2,580
0
0
0
0
0
289,710
27,742
0
317,451
277,006
16,864
0
0
16,864
18,278
220,515
940
0
221,455
221,929
1,674
0
0
1,674
1,449
20,579
27,858
0
48,437
46,423
259,632
28,798
0
288,430
288,079
30,078
(1,056)
0
29,022
(11,072)
0
0
0
0
0
0
0
0
0
0
30,078
(1,056)
0
29,022
(11,072)
143,973
25,022
0
168,995
179,773
0
0
0
0
0
0
0
0
0
294
174,050
23,966
0
198,016
168,995

PAROCHIAL CHURCH COUNCIL OF ST JOHN AND ST LUKE, BILTON

BALANCE SHEET AT 31 DECEMBER 2024

FIXED ASSETS
Investment Properties
CURRENT ASSETS
Debtors
General Reserve, Other Deposits and Cash at bank and in hand
LIABILITIES: AMOUNTS FALLING DUE WITHIN ONE YEAR
CONTINGENT LIABILITIES: PARISH SHARE
NET CURRENT ASSETS
NET ASSETS
FUNDS
Unrestricted
Restricted		 Note
5(a)
6(a)
6(b)
7
7(a)		 2024
£
97,000
17,583
102,089
119,672
(18,655)
(143,181)
101,017
198,017
174,051
23,966
198,017		 2023
£
97,000
18,678
68,130
86,808
(14,812)
(113,573)
71,995
168,995
143,973
25,022
168,995

PAROCHIAL CHURCH COUNCIL OF ST JOHN AND ST LUKE, BILTON

NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 December 2024

2 INCOMING RESOURCES

2(a) Incoming resources from donors
Planned giving:
Regular Giving under Gift Aid
Regular Giving under Parish Giving Scheme (PGS)
Small Donations under Gift Aid
Collections (open plate) under Gift Aid
Income tax recovered on Gift Aid
Income Tax Recovered - PGS
Non tax recoverable regular giving
Donations for Young People's Worker (YPW)
Income tax recovered on YPW
Gift days
Sundry donations
Sundry Donations for Building Improvements
Mission Giving (EPG) Donations
Donations- Lay Ministry
2(b) Other voluntary incoming resources
Grants for Building Improvements
Grants Received for YPW
Other Grants
Donations, appeals, etc.
Bequests & Legacies (in memoriam)
Legacies (for PCC)
Fetes, bazaars, Easyfundraising, and other
2(c) Income from charitable and ancillary trading
Magazines
Bookstall
Church buildings lettings etc.
Traidcraft Sales
Fees (include choir, weddings & funerals)
2(d) Other ordinary incoming resources
Insurance claims
Refunds and Loans
VAT Refunds
Miscellaneous Income
2(e) Income from investments
Dividends and interest including any reclaimed tax
2(f)
Profit on sale of fixed assets
TOTAL INCOMING RESOURCES		 Unrestricted
Restricted
Endowment
Total Funds
Funds
Funds
Funds
2024
2023
£
£
£
£
£
49,613
49,613
54,739
45,488
45,488
44,989
3,853
3,853
4,658
7,613
7,613
6,491
15,822
15,822
16,524
11,341
11,341
10,768
12,303
12,303
13,732
6,663
6,663
19,383
727
727
3,255
0
0
0
3,354
3,354
10,682
736
736
208
8,457
8,457
8,239
0
0
0
158,582
7,390
0
165,972
193,666
0
0
0
19,000
19,000
7,500
8,111
8,111
1,990
4,984
4,984
1,631
1,868
1,868
1,854
45,000
45,000
0
7,842
7,842
8,852
67,805
19,000
0
86,805
21,826
1,426
1,426
1,436
257
257
251
48,358
48,358
46,413
0
0
441
10,599
10,599
9,614
60,640
0
0
60,640
58,155
0
0
0
0
0
0
0
0
0
1,125
0
1,125
778
1,125
0
0
1,125
778
1,557
1,351
2,909
2,580
1,557
1,351
0
2,909
2,580
0
0
0
0
0
0
0
0
289,710
27,742
0
317,451
277,006

PAROCHIAL CHURCH COUNCIL OF ST JOHN AND ST LUKE, BILTON

NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 December 2024

3
RESOURCES USED
3(a) Grants
Missionary and charitable giving:
Overseas missionary societies
Overseas relief and development agencies
Home missions and other Church Societies
Other Charities
Donations In Memoriam
3(b) Activities directly relating to the work of the Church
Ministry: Parish Share
Ministry: clergy expenses
Ministry: lay ministry costs
Ministry: advertising and other costs
Ministry: YPW costs
Church Running Costs (excluding energy)
Energy Costs: St John's & St Luke's
Fees Paid (weddings & funerals)
Education
Buildings Maintenance - St. John's
Buildings Maintenance - St. Luke's
Buildings Improvements - St John's
Buildings Improvements - St Luke's
Buildings Maintenance - Houses
Church Hall - Energy costs
Church Hall - Maintenance costs
Buildings Improvements - Church Hall
Parish magazine
Bookstall
Choir and Organist
3(c) Fund raising and other costs
Costs of fetes, bazaars, other fund-raising events
Non-recurring costs incl Gifts & Donations
Traidcraft Costs
3(d) Church management and administration
Repayment of Lettings Bonds
Administration - Employment
Administration - Printer & Stationery
Administration costs - Training
YPW Employment costs
Subscriptions
Misc. Repayments and Expenses
Bank charges, Financial and Legal Costs
Control, Suspense adjustments
TOTAL RESOURCES USED
4
STAFF COSTS
Wages and salaries - organists
Choir pay
Wages and salaries - Parish Administrator
Wages and salaries - Young People's Worker
Pension costs - Parish Administrator
Pension costs - Young People's Worker
Wages and salaries - cleaners		 Unrestricted
Restricted
Endowment
Total Funds
Funds
Funds
Funds
2024
2023
£
£
£
£
£		 Unrestricted
Restricted
Endowment
Total Funds
Funds
Funds
Funds
2024
2023
£
£
£
£
£
3,159
3,159
2,816
1,296
1,296
4,301
4,004
4,004
6,998
5,722
5,722
1,545
2,683
2,683
2,619
16,864
0
0
16,864
18,277
126,000
126,000
120,000
1,540
1,540
2,185
0
0
150
0
0
0
940
940
1,377
18,153
18,153
27,960
12,156
12,156
19,453
2,094
2,094
2,696
13,209
13,209
8,605
11,969
11,969
3,540
2,892
2,892
5,021
0
0
0
0
0
0
9,851
9,851
2,405
6,121
6,121
8,635
3,801
3,801
1,260
8,250
8,250
14,080
31
31
347
22
22
15
4,427
4,427
4,203
220,515
940
0
221,455
221,930
593
593
596
1,081
1,081
853
0
0
0
1,674
0
0
1,674
1,449
0
0
0
12,251
12,251
10,426
6,012
6,012
7,456
1,685
1,685
1,375
27,858
27,858
26,497
137
137
231
494
494
438
0
0
0
0
0
0
20,579
27,858
0
48,437
46,423
259,632
28,798
0
288,430
288,079
2024
2023
3,998
4,070
156
0
11,850
10,145
26,177
25,120
401
281
1,453
1,377
1,781
1,831
45,816
42,824

PAROCHIAL CHURCH COUNCIL OF ST JOHN AND ST LUKE, BILTON

NOTES TO THE FINANCIAL STATEMENTS (continued) For the year ended 31 December 2024

5 FIXED ASSETS FOR USE BY THE PCC
5 FIXED ASSETS FOR USE BY THE PCC Freehold Land
and Buildings
5(a)Investment Properties £
GROSS BOOK VALUE At 1 January 2024
Investment Properties:
Former Curate's House - 13 Albany Road, Harrogate 42,000
Former Curate's House - 59 Coppice Way, Harrogate 55,000
Additions 0
At 31 December 2024 97,000
DEPRECIATION At 1 January 2024 0
Charge for the year 0
At 31 December 2024 0
MARKET VALUE At 31 December 2024 97,000
GROSS BOOK VALUE At 31 December 2024 97,000
6a DEBTORS 2024 2023
Prepayments and accrued interest 0 0
Other debtors 16,354 17,358
Sundry debtors (Restricted) R 1,230 1,320
17,583 18,678
6b Investments and Deposits 2024 2023 Gain(Loss)
£ £ £
(R - Restricted)
Deposits held by CCLA
(Churches, Charities and Local Authorities Investment Management Limited)
Building Improvement & Repair Fund 20,512 0 20,512
Heating Provision Fund 3,168 1,561 1,606
Bilton Community Lunches Fund R 506 506 0
Lettings Bonds Fund R 630 630 0
The YPW Fund R 31,339 29,488 1,851
56,156 32,187 23,970
Other Deposits
Deposit Protection Service (tenancies) R 1,325 1,325 0
6b BANK & CASH
Investments and Deposits - Unrestricted Total 23,680 1,561
Investments and Deposits - Restricted Total 33,801 31,949
General Reserve 29,416 18,477
Current Account Bank Balance 15,192 16,142
102,089 68,130

PAROCHIAL CHURCH COUNCIL OF ST JOHN AND ST LUKE, BILTON

NOTES TO THE FINANCIAL STATEMENTS (continued) For the year ended 31 December 2024

7 LIABILITIES: AMOUNTS FALLING DUE WITHIN ONE YEAR

Accruals and deferred income
Creditors for goods and services
Other creditors
7A CONTINGENT LIABILITIES: PARISH SHARE
Parish Share payable to Leeds Diocesan Board of Finance
(Note: a commitment not a legal liability)
Outstanding Share
Restricted liabilities in respect of YPW
R
Other creditors - bonds
R
TOTAL
8
GAINS AND (LOSSES) ON INVESTMENTS
FUND DETAILS
ANALYSIS OF NET ASSETS BY FUND
Fixed Assets
Current Assets
Current Liabilities
Fund balance		 2024
2023
£
£
0
0
16,633
12,337
0
0
16,633
12,337
2024
2023
£
£
(143,181)
(113,573)
(143,181)
(113,573)
2024
2023
£
£
Restricted
Restricted
697
1,151
1,325
1,325
2,022
2,476
18,655
14,812
Unrestricted
Restricted
Funds
Funds
0
0
0
0
Unrestricted
Restricted
Total Funds
Funds
Funds
2024
2023
£
£
£
£
97,000
0
97,000
97,000
93,684
25,988
119,672
86,808
(16,633)
(2,022)
(18,655)
(14,812)
174,050
23,966
198,017
168,995

PAROCHIAL CHURCH COUNCIL OF ST JOHN & ST LUKE BILTON NOTES TO THE FINANCIAL STATEMENTS

For the year ended 31 December 2024

ACCOUNTING POLICIES

Adopted by the Parochial Church Council of Bilton St John & St Luke at a meeting held on 27 October 1998

ACCOUNTING CONVENTION

The financial statements have been prepared in accordance with the Church Accounting Regulations 1997 together with the applicable accounting standards and the Charities Statement of Recommended Practice (SORP).

The financial statements have been prepared on an accruals basis except for investment properties which are valued on an historical cost basis

FUNDS

General funds represent the funds of the PCC that are not subject to any restrictions regarding their use and are available for application on the general purposes of the PCC. Funds designated for a particular purpose by the PCC are also unrestricted. The purpose of any restricted fund is noted in the accounts.

The accounts include all transactions, assets and liabilities for which the PCC is responsible in law. They do not include the accounts of Church groups that owe their main affiliation to another body nor those that are informal gatherings of Church members.

INCOMING RESOURCES

Voluntary income and capital sources

Collections are recognised when received by or on behalf of the PCC.

Planned giving receivable under covenant or gift aid is recognised only when received. Income tax recoverable on covenants or gift aid donations is recognised when the income is recognised.

Grants and legacies to the PCC are accounted for as soon as the PCC is notified of its legal entitlement and the amount due. Funds raised by the fete, garden party and similar events are accounted for gross. Sale of books and magazines from the church bookstall are accounted for gross.

Other ordinary income

Rental income from the letting of Church premises is recognised when the rental is due.

Income from investments

Dividends and interest are accounted for when receivable. Tax recoverable on such income is recognised in the same accounting year.

Gains and losses on investments

Realised gains or losses are recognised when the investments are sold.

Unrealised gains and losses are accounted for on revaluation of investments at 31 December.

RESOURCES USED

Grants

Grants and donations are accounted for when paid over, or when awarded, if that award creates a binding obligation on the PCC.

Activities directly relating to the work of the Church

The diocesan quota or parish share is accounted for when payable. Any quota unpaid at 31 December is provided for in these accounts as an contingent (though not legal) liability in the Balance sheet.

FIXED ASSETS

Consecrated land and buildings and movable church furnishings

Consecrated and beneficed property is excluded from the accounts by s.96(2)(a) of the Charities Act 1993.

No value is placed on movable Church fittings held by the churchwardens on special trust for the PCC and which require a faculty for disposal since the PCC considers this to be inalienable property. All expenditure incurred during the year on consecrated or beneficed buildings and movable Church furnishings, whether maintenance or improvement, is written off as expenditure in the SOFA and separately disclosed.

Other land and buildings

Other land and buildings held on behalf of the PCC for its own purposes is valued at market value. Investment properties are included at the trustees’ valuation, and the expense of obtaining market valuations is not considered to be of benefit to the charity. No depreciation is charged on investment properties in accordance with the Charity SORP. Expenditure on maintenance or improvement is written off as incurred

Other fixtures, fittings and office equipment

Equipment used within the Church premises is depreciated on a straight line basis over 4 years. Individual items of equipment with a purchase price of £1,000 or less are written off when the asset is acquired.

Investments

Investments are valued at market value at 31 December .

CURRENT ASSETS

Amounts owing to the PCC at 31 December in respect of fees, rents or other income are shown as debtors less provision for amounts that . may prove uncollectible.

Short term deposits include cash held on deposit either with the CBF Church of England funds or at the bank.

Independent Examiner's Report to the PCC of St John & St Luke Bilton This rewt on the acu>unts of the PCC f(x the year erKJed 31st DecenlH 2024. which are set (xjl on the wecaJiThJ pages. is in respect of an exJninatK)n carried out in acc(Ydan with the Church Accounting Regulati(￿ 21X)61 ('the Regulats.(￿') arKI Sect￿ 43 d the Chantses Act 1993 ('the Act,). Respective responsibilities of t￿￿teeS and examiner consKler that the audit requirennt of the Regulats'ons ￿K1 seclKm 412) of the Acl d() r apply. It is my resp)nsiLM"lty to issue this reFMJI those accounts ￿ accordan￿ th the teffl￿ d the ReguLItMx￿. Basis of in(kpendent eX￿nIne￿$ rep(xt My eL7n1r￿ byas ￿led in aC￿darICe the Gerwal Direc￿S given by the Charty C￿lSsion under se rrtstter has cm to nry atlentKm" which gives rre reaso￿ cause to beliwrfe that in ary material respect the requirerrEnts lo keep acC￿￿.￿j reccts in acc(Kdan￿ th seclKm 41 of the Art and lo prepare accounts whith accord with the accounling records and c(xnpty wilh the reqUiren￿S of the Act arxl the Regulatsc￿s have been to which. in my wn1(￿. attent￿ SIK￿ld dra￿Tr n (YdeT to enable a SwJned .. Date: 2&0412025