**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| - 2 - ## **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| - 3 - **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| - 4 - **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| - 5 - **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|| - 6 - **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| - 7 - ## **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. - 8 - 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 requiren*nt 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 recc*ts 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