Annual Report and Financial Statements of the Parochial Church Council of St Laurence, Northfield For the year ended 31" December 2024 Charlty reglstratlon number.. 1132975
The Parochial Church Council of St Laurence, Northfield Trustees, Annual Report for the year ended 31 St December 2024 Charity registration number." 1132975 Objectives and Activities The Parochial Church Council of St Laurence, Northfield (the PCC) has the responsibility of co-operating with the incumbent, (currently in vacancy), in promoting in the ecclesiastical parish, the whole mission of the Church, pastoral, evangelical, social and ecumenical. The PCC is also spiritually responsible for the maintenance of the church The PCC is committed to enabling as many people as possible to worship at our church and to become part of our parish community at St Laurence. The PCC maintains an overview of worship throughout the parish and makes suggestions on how our services can involve the many groups that live within our parish. Our services and worship put faith into practice through prayer, scripture, music and sacrament. Also, through non sacramental aclivities of hospitality and fellowship we aim to reach non churched members of the community. Public Benefit The trustees of the PCC are aware of the Charity Commission's guidance 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 St Laurence it helps to promote the whole mission of the Church (pastoral, evangelistic, social 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 worship, pastoral care and spiritual, moral and intellectual development, both for its members and for anyone who wishes to benefit from what the Church offers. and Promoting Christian values and service by members of the Church in and to their communities, to the benefit of individuals and society as a whole. Achievements and Performance Worship and Prayer Worship and Prayer is enabled by the Worship Committee. The committee met three times in 2024 and planned all services and worship. The meeting is chaired by Rowena and attended by Fr John, Janice, Lawrence, Roy, Hilda and Elaine. In addition, we have considered the provision of home communion to the housebound and the sick, Sunday School, Look Out Groups, Parade and Family Services
amongst other matters. In December. Archdeacon Jenny Tomlinson consecrated our new liturgical furniture. The Committee is very grateful to everyone who helps with our worship, not just Fr John and Janice but also our servers, organist and choristers, bell ringers, lesson readers, sidespeople, intercessors and those who serve tea and coffee. All are welcome to attend our regular servIs. At present there are 147 parishioners on the church electoral roll. Our congregation stands at between 40 and 60 most Sundays but increases during Festival times such as Easter and Christmas. In addition we hold a Sunday School service three times a month. We have a regular group of families who continue to attend as well as attracting a few new families who are attending to help secure a place in the Infant School and it is pleasing that many continue to attend Sunday School On a school place has been obtained. As well as our regular services, we enable our community to celebrate and thank God at the milestones of the journey through life. Through Baptism we thank God for the gift of life; in marriage vows are exchanged with God's blessing; through funeral services family and friends express their grief and commend the person into God's keeping. We have celebrated 7 baptisms, 3 weddings, 11 funerals and 16 for committal onlylburial of ashes in our Church throughout the year. Our Infant and Junior Schools also attend the Church to hold their termly services and feel blessed that they receive support from our church. During the vacancy members of our cOnggatIon have attended the schools to lead acts of worship with the children. We also attend a prayer group consisting of parents and friends of both schools who meet monthly. on a month during term time we also hold a Uniformed Parade Service to include the 6 sections (2 Beavers, 2 Cubs and 2 Scouts), with 150 young members together with the Explorers who consist of 40 members 14-18. The Church, The Pastoral Centre and the Barn We want our church to be open to our community for private prayer but unfortunately due to the amount of crime that has arisen recently, it is not possible to leave the church unlocked when unattended. We do organise a rota for Open Church on a Saturday morning from 10.00 am to 11.30 am for 9 months of the year where people can attend for private prayer or just pop in for a drink and a chat. During the year we were grateful to receive a further grant from the Harlow Trust in respect of external drainage improvement in the sum of £8,550, this has now been completed. In addition, we received a legacy from a local parishioner in the sum of £5,000 as an unrestricted gift. We have a Social and Fundraising Committee who promotes various events during the year and for 2024 they were as follows: Piphy Party (Social Event)- 6 January: £42.00 Car Boot Sale- 27 January: £305 Car Boot Sale - 24 February.. £340
Ladies, Accessory Event - 9 March: £3257 (one third to Mothers, Union) Car Boot Sale- 13 April: £460 St George's Day Fish and Chip Supper- 20 April.. £105 Car Boot Sale- 11 May: £235 Ascension Day Lunch - surplus money donated to Christian Aid Sale of Clothes from Ladies, AcsSOry Day - 29 June: £910.65 plus £142.40 (from collection of leftover items) Bingo Night- 13 July: £210 St Laurence BBQ- 10 August.. £65 donated to a local community garden - Masefield Gardens following an arson attack. Heritage Open Day- 7 September: £121.10 Scarecrow FestivallHeritage Open: £82.10 on 14 September and £108.50 on the 15 September Car Boot Sale - 5 October.. £295 Craft Fayre- 19 October: £312 Christmas Fayre - 16 November: £2294.33 (including £200 for Mothers, Union) Christmas Tree Festival - 30 November & 1 December". £333 (including contactless) The Pastoral Centre is used for Sunday School three times a month, monthly on Mondays for Mothers Union meetings, during School term time we have a Larry's Group for senior school children (our contribution to fight against knife crime) and bi-monthly craft sessions for Adults. In addition, the Centre is offered out to various organisations to include educational and social activities. The Barn is occupied by Polkadot Ellis Accountants under a lease extended in 2019. Pastoral Care Some members of our Parish are unable to attend Church due to sickness or age so we still operate a Zoom service to enable those who wish to, to join in. We also operate a Lookout Group with lead members responsible for certain members of the Congregation. Home Communion is offered and distributed by our Home Communion Team. In addition. our Lay Reader {along with several members of the congregation) attends Chatham House {for the sight impaired or blind) once a month to carry out a short service of worship to include hymns.
Mission and Evangelism We have a weekly Church email newsletter instead of a Parish Magazine. Around 200 copies are emailed with a further 20 printed for those who prefer a printed copy. The newsletter keeps our Parishioners updated on the matters affecting our Church and important articles which involve our Local Community. We also have a Focus Group that meet on the third Thursday of most months starting at 10.30 and finishing at 12.00. The group has discussed various subjects during the last twelve months ranging from passages from the bible and how we interpret their meaning to what is on the news and how it affects us. We have shared childhood memories of our first instruction to our faith and the influences from family and friends, So many subjects have arisen from just talking face to face which in this day and age is a joy to share, with no mobile phones, no WhatsApp messages and no Zoom meetings. Oh, and you may just get a cup of tea or coffee and a biscuitl Ecumenical Relationships The Church is a member of Churches Together in Northfield which is the grouping together of several of the Churches in the Northfield area. During 2024 this involved the Northfield Baptist Church, Northfield Methodist Church, St Bartholomew's C of E, St Brigid's Roman Catholic Church, St David's C of E, St Laurence's C of E and the Quakers. Some of the activities of the group during the year were Ashing Services and Lent Courses, the Easter Walk of Witness through Northfield, Community Christmas, Carol Singing in Northfield, Week of Prayer for Christian Unity and Church Exchanges. Financial Review Net Assets £501 ,956 (2023 £507,571). Total deficit for the year £13,845 (2023 £13,453), being unrestricted deficit of £4,565 and restricted deficit of £39,280. Income has dropped to £131,334 from £170,343 last year. The main reasons are reduction in LPOW monies that related to the work carried out on the church last year and also related grants. Churchyard fees and funeral fees are much lower this year too. Expenditure has reduced from £183,796 to £145,180. A lot of this relates to the work carried out on the church last year but other codes have moved too during the year - please see analysis of income and expenditure sheets, Reserves Policy It is PCC policy to try to maintain a balance on free reserves (net current assets) which equates to at least three months unrestricted payments. This is equivalent to £32,359. It is held to smooth out fluctuations in cash flow and to meet emergencies. The balance of the free reserves at the year end was £204,376 which is much higher than this target. The PCC feel this gives them a cushion of support in these uncertain economic times.
Safeguarding 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). Reporting Serious Incidents A Serious Incident is an adverse event, whether actual or alleged, which results in or risks significant harm to the charity's beneficiaries, employees, office holders, volunteers or to others who come into contact with the charity through its work, loss of the charity's money or assets, damage to the charity's property or harm to the charity's work or reputation. The trustees are not aware of any Serious Incidents in the last year Fundraising The PCC takes it fundraising responsibilities seriously and is very grateful to all donors - whether regular or occasional - for their support of the church and church events. PCC supporters are never taken for granted. The PCC take full responsibility for fundraising and do not use commercial organisations or professional fundraisers. All money raised is either by donations, fundraising events, special appeals or legacies for which the PCC are most grateful. Volunteers The members of the PCC would like to thank all the volunteers who work so hard to make our Church a lively and vibrant community. Our especial thanks go to our church wardens, who have worked so tirelessly on our behalf and our treasurer, who has helped us all understand the church's accounts and its finances. Risk Management The Church Wardens carry out regular Health and Safety Reviews and regularly inspect premises for potential hazards. We have safeguarding policies in place for child protection and for work with vulnerable adults, including rigorous DBS checking of staff and volunteers. Our insurances are reviewed annually to ensure adequate cover. An informal review of any new risks which may impact the work of the Church in the Parish is ongoing. Structure, Governance and Management The PCC is a Body Corporate established by the Church of England and is a Charity registered with the Charity Commission. The PCC is governed by the Parochial Church Council Powers Measure (1956) as amended that came into effect on 2nd January 1957, and the Church Representation Rules (contained in Schedule 3 to the Synodical Government Measure 1969 as amended). The method of appointment of the PCC members is set out in 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 re1ve training from courses run by the Diocese. Members of the
congregation are always urged to join the Electoral Roll, and to stand for election to the PCC. The PCC members are responsible for making decisions on all matters of general concern and importance in the parish, and for all financial matters. The PCC meet 5 times a year. Reference and Administrative details The Church is situated in Northfield, Birmingham and is part of the Diocese of Birmingham within the Church of England. The correspondence address is St Laurence Pastoral Centre, Northfield, Birmingham B31 2LX. Registered charity number 1132975. Telephone number is 0121475 1518 and email is enquiries@saintlaurenceinfo Our website address is: www.stlaurenn0rthfleld.0rg PCC members who have served from 1 $1 January 2024 until the date this report was approved were: Ex Officio Members Incumbent In Vacancy since 31 July 2023 Reader Miss Janice Wones (Appointed 10 April 2016) Wardens Mr Roy PoUntt (appointed 27 April 2017) Mrs Sandra Reynolds (retired 19 May 2024) Mrs Rowena Nicholls (appointed 23 June 2021- Warden from 19 May 2024) Mrs Elaine Clements (and Deanery Synod Rep) appointed 22 May 2022 (and Deanery Synod Rep) Treasurer Mr Robert Mayne Elected Members Mrs Jennifer Fripp Mr Peter Mitchell Miss Gloria Ikan Mrs Ruth Clarke Mrs Geraldine Merrick Mrs Deborah Keeves Mr Timothy Westwood appointed 16 October 2013 appointed 21 May 2023 appointed 21 May 2023 appointed 21 May 2023 appointed 21 May 2023 appointed 21 May 2023 appointed 19 May 2024 Secretary Mrs Emily Corns (not a PCC member) Approved by the PCC on ..2.Qlb.Tv4.l. 2025 and signed on its behalf by: (Chairman) rt 9svr
Independent Examiner's report Accounts for the year ended 31st December 2024 Respective responsibilities of the Trustees and the examiner The charity's trustees are responsible for the preparation of the accounts and they consider that an audit is not required for the year under section 144(2) of the Charities Act 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 Act to follow the procedures laid down in the general directions given by the Charity Commission (under section 145{5)(b) of the Charities Act, and to state whether particular matters have come to my attention, Basis of the Independent Examiner's statoment 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 these records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from the trustees concerning such matters. The procedures undertaken do not provide all the evidence that would be required for 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 examlner's statement In connection with my examination, no material matter has come to my attention which gives me cause to believe that in, any material respect.. Accounting records were not kept in accordance with section 130 of the Charities Act, or the accounts do not accord with the accounting records 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. Date: 14th July 2025 Signed: Stephen Hendy
The Parochial Church Council of St Laurence, Northfield Financial Statements for the Year Ended 31 December 2024 Accounting Policies The PCC is a public benefit entity within the meaning of FRS 102. The financial statements have been prepared under the Charities Act 2011 and in accordance with the Church Accounting Regulations 2006 governing the individual accounts of PCCS, and with the Regulations true and fair view" provisions. They have also been prepared in accordance with the Charities SORP (FRS 102). The financial statements have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant notes to these accounts. The financial statements 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. There may be minor discrepancies in the totals as the pence are not being shown. Cashflow Statement The Charity has taken advantage of the exemption in FRS102 from the requirement to produce a Cash flow statement on the grounds that the income does not exceed £500,000. Going Concern There are no material uncertainties related to events or conditions that cast significant doubt on the charity's ability to continue as a going concern. Accounting Estimates and Prior Year Errors No changes to accounting estimates have occurred in the reporting period. No material prior year errors have been identified in the reporting period. Description of Funds Unrestrlcted funds are income funds of the PCC that are available for spending on the general purposes of the PCC, including amounts designated by the PCC for fixed assets for its own use or for spending on a future project and which are therefore not included in its "free reserves" as disclosed in the trustees, annual report. Designated funds held by the PCC: Legacies - created from legacies reiVed by the Church and used for specific purposes by the PCC not concerned with the day to day expenditure. Restricted funds comprise of elements.. a) income from trusts or endowments which may be expended only on those restricted objects provided in the terms of the trust or bequest b) donations or grants received for a specific object or invited by the PCC for a specific object. The funds may only be expended on the specific object for which they were given. Any balance remaining unspent at the end of each year must be carried forward as a balance on that fund. The PCC does not usually invest separately for each fund. Where there is no separate investment, interest is apportioned to individual funds on an average balance basis.
Restricted funds held by the PCC: 100 Club - fundraising activity making donations to charities and the Pastoral Centre Building grants and donations received for the repair and renovation of the church and spent on the same. Bell - receives donations mainly from visiting ringers and pays for the maintenance on the bells, tower and associated equipment Churchyard- income from Churchyard fees funds churchyard salaries and maintenance Flower- income from weddings, funerals and donations used to purchase flowers to decorate the church Hand Bells - income from donations and collections pays for the upkeep of the bells, ringers travel and uniforms Harlow Trust Ceiling Repairs Grant 2023 - specific one-off grant Harlow Trust Ecumenical Furniture Geant 2023 - specific one- off restricted grant Larry's Safe Space - income grom grants and donations funds the running costs of the term time after school club for senior children Ministry Education- income from clergy fees waived by the recipient in favour of the PCC to pay for clergy and volunteer training National Churches Trust Repointing 2023 specific one-off grant Organ - Fees for use of the organ at weddings and funerals used to pay for organ maintenance Porch- grants and donations to pay for the building of the interior church porch Pastoral Centre - grants and donations towards the maintenance of the Pastoral Centre Endowment funds are restricted funds that must be retained as trust capital either permanently or subject to a discretionary power to spend capital as income, and where the use of any income or other benefit derived from the capital may be restricted or unrestricted. Full details of all their restrictions are shown in the notes to the accounts. Income Planned giving, collections and donations are recogni5ed when received or when the PCC becomes entitled to the resource and the monetary value can be measured with sufficient reliability. Tax refunds are recognised when the incoming resource to which they relate is received. Grants and Legacies are accounted for when the PCC is legally entitled to the amounts due and the monetary value can be measured with sufficient reliability. Dividends are accounted for when receivable, interest is accrued. All other income is recognised when it is re1Vable. All incoming resources are accounted for gross. Expenditure Grants and donations are accounted for when paid over, or when awarded, if that award creates a binding or constructive obligation on the PCC. The diocesan common fund is accounted for when due. Amounts received specifically for mission are dealt with as restricted funds. All other expenditure is generally recognised when it is incurred and is accounted for gross.
Governance and Support Costs Support costs should be allocated between governance costs and other support. Governance costs comprise all costs involving public accountability of the PCC and its compliance with regulation and good practice. Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources eg by allocating staff costs by time spent and other costs by their usage. Fixed Assets Consecrated and benefice property is not included in the accounts by s.10(2)(a)&(C) of the Charities Act 2011 . Moveable church furnishings held by the Vicar and Churchwardens on special trust for the PCC and which require a faculty for disposal are inalienable property, listed in the Church's inventory, which can be inspected (at any reasonable time). For anything acquired prior to 2000 there is insufficient cost information available and therefore such assets are not valued in the financial statements. No depreciation is provided on buildings as the currently estimated residual value of the properties is not less than their carrying value and the remaining useful life of these assets exceeds 50 years, so that any depreciation charges would be immaterial. Investments Investments in quoted shares, traded bonds and similar investments are valued initially at cost and subsequently at market value at the year end. Investments held for re-sale are treated as current asset investments. Debtors Debtors are measured on initial recognition at settlement amount. Subsequently they are measured at cash expected to be received. Creditors and Accruals Creditors are measured at settlement amounts less any trade discounts. Accruals are measured on best estimate of the amount required to settle the obligation at the reporting date.
PCC of St Laurence, Northfield Financial Statements for the year ended 31 December 2024 Statement of Financial Activities Prior Unrestricted Designated Restricted Endowment Total year funds funds funds funds funds total lunds Recelpts 65.606 37,255 13,225 8,787 124,873 Voluntary income Activities for generatr'ng funds Investment income Church activities Total incoma 670 66.276 78.366 37.255 36.430 14,011 15,939 13,793 39,609 131,334 170,343 786 5,006 6,462 Paymonts 78,892 50,546 129.437 Church activits'es Cost5 of generating funds Total expendlture 15,742 94.634 152,454 50,546 31,342 145.180 183.796 15,742 Net Income 1 (expendlture) r•8ources before transfor (4,586) 19,2801 113,846)113,4631 Tran8fern Gross transfers betméen ndS - In Gross transfers been Lnds- out Other recogn18ed galn8 11088e8 G8insAosse5 on investment assets 6,543 Gains on revaluation, fixed assets, charity's own use Net rnovement In funds 31,788 131,766) 1,687 8,231 23,211 1,978 17,5931 15,614) 9,758 Roconclllatlon of fund8 387.784 21,970 Total fund8 brought forward 97,816 507,571 497,813 Total fund8 carrled forward 389,762 21,970 90,223 501,958 507,871 Represonted by Unre8tricted Genèral Fund 389,762 389,762 387,784 Dosignatsd Flower Fund Legacies Organ Fund 21,970 21,970 21,970 Restrlct8d 100 Club Agency collection Bell Fund Building Church Electrics Churchyard Flower Fund Hand Bells Harlow Trust Ceiling Repairs 2023 10 10 10 1,003 5,596 547 1.003 5.596 5,187 547 547 63,554 1,180 139 63.554 72,396 1,180 1,448 139 139
Harlow Trust Liturgical Furniture 2023 Larry's Safe Space Ministry Of Ed National Churches Trust Repointing 2023 Northfield Revealed Organ Fund Pastoral Centre Porch Sound Systém 1.810 1.810 1,810 3,791 3,228 3,791 3.881 3,228 3.228 1,725 1,725 1,725 4,704 642 2,294 4.704 4,549 642 642 2,294 2.255
The PCC of St Laurence, Northfield Financial Statements for the year ended 31 December 2024 Balance Sheet detsiled Class and code Description Asat 3111212024 Asat 3111212023 Fixed assets 1611 1612 1781 1782 1783 CCLA 883850001 R CCLA 102002279S Freehold Propety Fixture & Fittings Sound System Total Flxed a88ets 124,385 115.261 184.885 353 2.884 427,768 119,722 110,495 184,885 353 2,884 418,339 Current a889ts 1500 1501 1502 1520 1521 1522 1565 1584 1589 1592 CurrentAccount- Incorne Current Account - Expénditure Current Account - 100 Club CCLA DepositAccount 602152001 D CCLA Deposit Account 602152002D CCL4 Deposit Account 802152003D Petty Cash - Church HMRC Debtor Other Oeblors Accrued income al year end Total Current assets 66.170 903 710 9.505 205 1,488 75,635 4,000 1,030 9.191 78 1,449 3,000 94,383 78,980 Llabilitie8 2105 2111 2150 2160 6699 Utility CdItorS Other Creditors Deferred Income Accrued &xpenditure at year end Agency collecb'ons Tolal Llabllltle8 Net Ag8at 8urplu8 {deflclt) 1.020 1,020 1,262 2,870 3.772 501,956 507,S71 R88eNes Excesslldeficiti to dat8 Starting balances Gainslllossesl on investment assets Total Roserv08 Repregented by Funds General (Unrestricted) Designated Restricted Total 113,8451 530,782 14.980 501.956 181,9C61 566,265 23,211 507,571 Z01 Z02 389,762 21,970 90,223 501956 387.784 21,970 97,816 507,571 Approved bythe PCC on............ . fvlcrLLj
The PCC of St Laurence, Northfield Financial Statements for the year ended 31 December 2024 Statement of Assets and Liabilities - 2024 Last year Class and nominal code General Designated Restricted Endowment Total Flxed Asset - Investments 1611.. CCLA 883850001 R 1612.. CCLA 102002279S Total Flx•d Assat- Tangible A8sots 1781, Freehold Property 184,885 1782. Fixture & Fittings 353 1783.. Sound System 149 Total 185,386 CurrentAss&t- Cagh At BankAnd In Hand 1500.. Current Account- Income 1176,887197.763 1501 Currènt Account - Expenditur8 200,505 180,7781 1502.. Current Account - 100 Club 13201 1 $20. CCLA Deposit Account 602152001D 110,3151 4,986 1521.. CCLA Depo8ltAccount 602152002D 1522: CCLA DepositAccount 602152003D 1565. Pety Cash- Church Total Current A880t - Debtor8 1592". Accrued income at year end Total Llabillty -Agancy Accounts 6699. Agency collections Total Liabtlity - Credltor8: Amounts Falllng Due In One Year 2150.. Deferred Incorne 2160.. Accrued expenditufft at ye8r end Total 124,385 67.014 191,399 124,385 119,722 115.261 110.495 239.646 230,217 48.247 48,247 184,885 184,885 353 353 2,884 2.884 188,122 188,122 2,736 2,736 145,295 1118,8241 1,030 14,834 66,170 75.635 903 4,000 710 1.030 9,505 9,191 204 205 78 18 1,489 25 44,033 1,488 1.449 25 12,977 21,970 78,980 91,383 3.000 3,000 3,772 3,772 3.772 2.870 3,772 2.870 1,020 1,020 1,020 1,262 1,020 1.020 2,282 Net total assets 389 762 21,970 90.223 501,956 507,571
Statement of Assets and Liabilities - 2023 General Designated Restricted Endowment Total Last Class and nomlnaLcode year Fixed Asset - Investments 1611.. CCL4883850001 R 1612.. CCLA 102002279S Total Fixed Asset- Tanglble Assets 1781.. Freehold Property 184,885 1782. Fixture & Fittings 353 1783.. Sound System 149 Total 185,386 CurrentAsset- Cash At Bank And In Hand 1500.. Current Account- Income 1157,545197,763 1501. Current Account- Expenditure 184,561 180,7781 1502. Current Account- 100 Club 1520 CCLA DepositA¢count 602152001 D 1521.. CCLA DépositAccount 602152002D 1522.. CCLA Daposit Account 602152003D 1565. Petty Cash - Church Total Curront A88et- Debtor8 1584. HMRC Debtor 1589. Other Debtors 1592.. Accrued income at year end Totsl Llablllty - Agency Accounts 6699.. Agency collèctions Total Llablllty - Credltor8.' Amounts F•lllng Due In One Year 2105. Ub'lily Creditors 2111.. Other Creditors 2150.. Deferred Income 2180.. Accrued expenditure at year end Total 119.722 64,243 183.965 119,722 106.542 110,495 127.276 230,217 233.819 46.252 46,252 184,885 184,885 353 470 2,884 2,736 188.122 188,091 2,736 2,736 135,417 199,7821 1,030 14.521 75,635 57,708 4,000 4,050 1,030 9,191 7.084 110,3151 4,986 77 78 76 18 1,431 25 52,719 1,449 1,404 25 16,694 21.970 91,383 70,321 5,000 10,103 3,000 3,000 15,103 3,000 2.870 2,870 2.870 6,592 2,870 6.592 2,180 750 1.020 1.020 1.262 1,262 1.262 1,020 2,282 2.930 Not totsl •88ets 387 784 21970 97,816 507 571 497 813
Fund movement summary- 2024 Fund 100 Restricted Sub-totals Opening Incoming Outgoing Transfers Gain8lLosses Journals Closing 10 10 10 10 Bell Restricted Sub-totals 5,187 5,187 409 409 5,596 5.596 Bldg Restricted Sub-totals 547 547 547 547 Chyd Reslncted Sub-totals 72,396 72,396 4,829 4,829 15.339 15,339 1,668 1,668 63,554 63.584 Flwr Restricted Sub-total8 1.448 1,448 46 46 313 313 1.180 1,180 General Unrestricted Sub-totals 387.784 124,873 387.784 124,873 129,437 129,437 6,543 6,643 389,762 389,762 HBel Restricted Sub-tota18 139 139 139 139 HTF2023 Reslricled Sub-tota18 1,810 1.810 1,810 1,810 Lgcy Designated Sub-tota18 21,g70 21.970 21,970 21,970 LSS Restricted Sub-totals 3,881 3,881 90 90 3,791 3,791 MOED Restricted Sub-totals 3.228 3,228 3.228 3,228 NCT2023 Restricted Sub-totals 1,725 1,725 1725 1.725 Restricted Sub-totals 4.549 4,549 156 156 4,704 4,704 Pcon Restricted Sub-totals 642 642 642 642 Por Restricted Sub-totals 2,255 2,255 19 19 19 19 2.294 2,294 None Restricted 1,003 1,003
Sub-totals 1,003 1.003 Totals 507.571 131,334 145.180 8,231 501,956
Fund movement summary- 2023 Fund 100 Restn"cted Sub-totals Opening Incoming Outgolng Transfers GainslLosses Journals Closing 1,291 1,291 956 956 13261 (3261 10 10 Bell Restricted Sub-tota18 4.172 4,172 1.015 1,015 5,187 6,187 Bldg R6Stricted Sub-totals 500 500 47 47 547 547 Chyd Restricted Sub-tots18 60.989 60,989 24,224 24,224 17,030 17,030 4,213 4,213 72,396 72.398 Flwr Resth'ctgd Sub-total• 1.584 1,584 122 122 259 269 1,448 1,448 Gonoral Unfestricte Sub-totsls 400.549 113.214 400.549 113,214 144.976 144,976 18,998 18,998 387,784 387,784 HBel Reslflcted Sub-totals 139 139 139 139 HTC2023 Restricted Sub-totals 2,000 2,000 2,000 2,000 HTF2023 Restricted Sub-totalg 10,000 10,000 8.190 8,190 1,810 1,810 Lgcy Designated Sub-totals 5,871 5.871 16,100 16.100 21.970 21.970 LSS Restricted Sub-totals 4.205 4,205 325 325 3,881 3.881 MOED Restricted Sub-totals 3.423 3,423 195 195 3,228 3,228 NCT2023 Restncted Sub-totals 1,725 1,725 1,725 NR Restricted Sub-totals 2.255 2,255 2,255 (2,2551 Org Restricted Sub-totals 4,698 4.698 405 405 554 554 4.549 4.549 Pce Restricted 317 326 642
Sub4otals 317 326 642 Por Restricted Sub-totals 6,375 6,375 6,375 6.375 2.255 2,255 2,255 2,265 Ssys ReslriGled Sub-totals 2,736 2,736 200 2,936 2,936 Totsls 497 813 170,343 183 796 507,571
The PCC of St Laurence, Northfield Notes to the Financial Statements for the year ended 31 December 2024 Analysis of income and expenditure Total This year Unrestrict8d Designated Regtrict8d Endowment Last yéar RECEIPTS Voluntsry income 3101 Regular Giving Envelopes 997 3104 - Standing Orders IGAI 11.342 3105 - Standing Orders INon-GA) 1,736 3106- PGS Donation Received from PGS Statement 13,646 3107 PGS Giving INon-GAI 1.135 3108 - Electronic Planned Giving 2,567 3111 Collection Plate 4,059 3116 - Contsctless Oonalion 3137 - Parochial Organ Donations 3138 - Parochial Flower Donations 3139 - Parochial Bell Donations 3140 - other Donations 3141 Easy Fundraising 3143 - Wall Safe Donations 3145 - PGS One-off Donation 3148 C8ndle Donations 3149 - Refreshments Donations 3151 GiftAid 3152 - PGS GiftAid from PGS statement 3153 - Gift Aid Debtor written back 3170 - Legacies 3180 - Grants 3187- LPOW Scherne Voluntary Income Total8 Actlvltle8 for ganeratlng fund8 3188 - Centre Hire - Casba 3189 - Centre Hire - Globavlnexpress 3196 - Barn Hire - Polkadot utilities 3197 - Other Debtors written back 3860- Christmas Fair 3861- Craft Fayre 3862- Car Boots 3863 - Fairtrade Sales 3865- Fundiaising Events 3899 - Other Fundraising 3900- 100 Club Start 3902 - 100 Club Subscriptions 4172 - Centre Hire - One-offs 4180 - Centre Hir8 - Regular 4190 Centre Hire - Mimi Brown (Dance) 4191 Centre Hire - Tot5 Play 4192 - Centre Hire- Kumon 2,880 4193- Centre Hire - Kick Boxing 2.508 4194- Centre Hire- Maxine Senior Fitne5S 363 41 g6_ Centre Hire - Bournville Model Railway 4197 - Centre Hire - Yoga 4202 - Car Park Hire Actlvities for generating funds Tota15 Snvgstmgnt income 997 1,482 11.342 12.211 1,736 1.128 13,646 17,858 1,135 2,567 4,059 2,490 5,009 94 405 122 1,015 2,345 213 119 336 213 119 377 5,037 34 478 739 137 420 7.353 1,339 41 5,037 476 739 135 420 7,353 1,339 772 151 476 348 3.004 15,0001 3,000 13,725 17.731 66,276 78.366 6,000 8,550 6,000 8,550 65,606 670 7,894 10.077 10,957 1,800 {10,1031 1,g92 235 1,439 10,077 1,322 972 1,529 1,322 972 1,529 1,460 1,460 1,733 104 885 396 497 5,377 1,011 40 1.800 3,036 1,169 999 4,322 1,710 999 4.322 1,710 2,880 2,508 363 4,800 450 3,862 4,800 450 6.333 37,255 37.255 36,430
3195- Bam H1- Polkadot Lease 10.591 3300 - Current Account Interest 1,743 3310- CCLA DepositAccount Interest 3331- CCLA Diwdend - 2279S Investment income Totals Church activities 3136 - Parochial Churchyard Fees 3142 - Handbells 4001- Marriage F 4002 - Church Register Fees 4004- Funeral Fees 4007 - Monument Fees 4008- Heating Charges 4009 - Other Parochial Fees 4498- Ministry Ed Fund 4997 - Insurance Claims 4999- Sundry Income Church activities Total8 Recelpts Grand totsls 10,591 10.591 1.743 1,386 145 774 145 891 13,225 641 786 1532 3187 14.011 15,939 4,062 4.062 330 1,031 89 4.540 1,013 776 15 22.885 330 1,031 89 3,596 1,013 776 15 2.758 257 10.084 681 2.638 30 98 944 1,396 541 8,787 124 873 1,396 541 178 13,793 39 609 131 334 170 343 5,006 6,462 PAYMENTS Church activltiès 5001 - Common Fund 5100 - Charitable Giving 5201 Rector- Phone 5202 - Rector- Travel 5203- Rector- Office Supplies & Equipment 5204- Ministry of Ed 5207 - Rector- Other 5220 - Rectory - Water Charges 5224- Rectory - Intemet & Phone 5226- BDBF Parsonage decoration refund 6001 Church - Administrator Pay 1,094 6003- Churchyard Admin Pay 6004 - Pension 6006 - Travel Expenses 6008- ChurchyardAdmin Er Pens 6009- ChurchAdmin Er Ni 6011- ChurchyardAdmin Er Ni 6012- ChurchBarry pay 6014- ChurchyardBary pay 6015- ChurchBarry Er Ni 6017- ChurchyardBarry Er Ni 6019 - Churchyard - Administrator Wages 6020 - Churchyard - Barry Wages 6021 Churchyard Admin Nl Contributions 6022- Churchyard Admin Pension Contributions 6305- Larry's Expenditure 6365 - GiftslHospitality 6411 Stay & Play Group 6503- Inlemet & Phone 6510 - Stationary C051s 6511 Printing Costs 6512- Office Supplies Costs 6552- Software Costs 6597- Payroll Costs 6599 - Other Office Costs 6700- Atsr Supplies 6703 - Vvorship Resources 6705 - Lectionary Materials 6710- Flower Expenses 32.500 32,500 30.000 326 48 20 195 41 41 375 20 11.115) 1,094 1,158 21 147 1,094 2,105 11 224 20 2,105 11 224 20 36 67 67 1,752 5.433 36 144 1,752 5,433 36 14.395 959 144 2,022 4,251 135 39 90 90 314 325 1,104 20 1.484 492 1.644 25 487 230 314 1.759 365 1.871 1,759 365 1.871 310 211 406 493 814 238 310 211 406 493 814 238 313 809 184 192 259 313
8748- Service Refreshments 349 8749 - Other SeNice Supplies 2.987 6751- Organist Payments 2,357 6760- Media License Fee 760 6762 - Audio Visual Equipment 552 6797 - Organ Repair & Servicing 668 6798 - Bell Maintenan 6902 - Church Maintenance 6908- Church General Maintenance 6909 - Centre General maintenan Services 6910- Maintenance- Other 6911- Church - Major Repairs & Additions 7011 Cleaning Supplies 7014- Church Waste Disposal 512 7020- Church Insurance 12,203 7050- Church Water Charges 95 7052 - Church Electricity Charges 8,226 7053- Church Gas Charges 500 7054 - Utility Creditors written back 7056-Agency Error Payments balance wloff 7CE4 - Ulilitses VAT refund 7806- Churchyard Upkeep 7999 - Dèprèciation 9001 Ind8pendent Examlnation Fees 9130- Bank Charges 9995- Northfield Revealed Heritage Expenditure 9999- Sundry Expenditure Church activiti08 Total8 Costs of generatlng funds 6002- Centre Admin Pay 6005 - CentreAdmin Er Pens 6010 - National Insurance 6013 - CentreBary pay 6016- CentreBarry Er Ni 6018- Church Centre Employer Pension Contributions 6903- Centre Maintenance 174 7012 - Centre Cleaning Supplies $10 7016 - Waste Collection 2,564 7051- Centre Water Charges 208 7063- Centre Ga5 Charges 117 7147 - Centre - Maintenance Oth8r 1,380 7400 - Centre- General Maintenan 700 7420 - Centre - Cleaning Supplies 250 7424 - Centre - Waste Disposal 1.014 7440- Centre - Insurance 2.842 7441 - Centre- Alarm Charges 7491- Centre- Water Charge5 7492 - Centre and Barn Electricity Charges 7493- Centre and Barn Gas Charges 8005 - Contactless Fees 8010 - Carboot licences 8161- Fairtrade Purchases 8165 - 100 Club Prizes 9010 - Barn Insurance Costs of generatlng funds Totals Payments Grand totsls 349 2,987 2,357 780 552 668 46 727 1,330 797 700 554 336 97 30 34 780 2.318 4,g02 2,318 4,902 3.031 58,003 477 512 755 12,203 4.155 95 128 8.226 12,449 500 {2,1801 15.777) {3,799) (3,7991 7,536 7,536 10.584 1,079 750 100 100 57 1,450 3.650 78.892 3.650 599 94,634 152,454 15,742 14,312 252 1,662 10,451 395 14,312 1.065 252 1,662 10.451 395 11,689 278 56 56 174 610 2,564 208 117 1,380 700 142 152 250 1,014 2,842 720 244 5,281 216 221 7,156 7,156 7,246 5.168 5.168 3,367 273 273 93 630 963 963 50.546 50,546 31,342 145 180 183.796 129.437 15,742
Staff Costs 2024 2023 Wages & Salaries £ 35,147 £ 34,511 Social Security Costs £2.340 £2,252 Pension costs £328 £338 Average number of employees Th8 PCC use the National Employment SavingsTrust INESTI, via the Diocesan Payroll Scheme, for its pension payments. Trustees, Remuneration & Expenses Rowena Nicholls, 8 trustee, was paid £66 for her duties as Verger. Related Parties No other expenses were paid to any other PCC member. persons closely connected to them, or related part12S. Donations from related parties IPCC members) totalled £55512023: £7.4301 . Transfers between funds There were no transfers in 2024. In 2023 £326 was transferred from 100 club restricted fund to the Pastoral Centre restricted fund - usual annual transfer of profit. And £2,255 was transferred from the Northfield Revealed restricted fund to the Porch restricted fund with the permission of the grantor to close the fund.
Fixed Assets a. TangibLe Fixed Assets Freehold Property Church Equipment Sound System Total C05t or Valuation As at 1st Jan Additions in the year Disposal in the year Revaluation lif anvl Value at 31st Dec 184,885 627 4,76S 190,277 184,885 627 4,765 190,277 Accumulated Depreciation As at Istjan Char e for the Disposals Value at 31st Dec 275 1,880 2,155 ear 275 1,880 2,155 Net Book Value at 1st Jan 2024 Net Book Value at 31st Dec 2023 184,885 353 2,884 188,122 184,885 353 2,884 188,122 Fixed Asset Investments Change in market value At 31st Dec At Istjan Additions Disposals Transfers Unrestricted funds 183,965 891 6,543 191,399 Restricted Funds 46,252 641 1,354 48,247 Endowment funds Total 230.217 1.532 7,897 239.646
Current Assets Debtors 2024 2023 Accrued income at year end Prepayrnents and accrued income Other debtors 3.000 Total Liabilities a. Amounts fallin8 due In one year 2024 2023 Agency collections Deferred income Accrued expenditure 3.772 1,020 2,870 1,020 1,262 Total 4,792 5,152
Prior Year Comparative SOFA - 2023 Unrestricted Designated Restricted Endowment Total funds funds funds funds funds Prior year total funds Receipts Voluntary income Actiwlies for generating funds Invesknent income Church acts'vities Totsl income 46.789 35.149 14.553 16.724 113,214 16,100 15,477 1.281 1,386 22,885 41,029 78,366 129,719 36,430 29.993 15,939 14,521 39.609 29.355 170.343 203,589 16,100 Payments Church activits'es Costs of generating funds Total axpanditurè 114,264 30,712 144,976 38.189 630 38,819 152,454 247,356 31,342 24,886 183,796 272,042 Net Income Iloxpondlturel resourc bofore transfer 131.7621 16,100 2.210 (13,453) 168.4531 Transfers Gross transfers betsveen fijnds - in Gross transfers betsveen knnds - out 0th8r recognised 9ains I10sse8 GainsAosses on investment assets 18,998 Gains on revaluation. fixed assets. charity's own use Net movement In funds 31,766 131,7661 31.766 {31.766) 4,213 23,211 (31,8251 (12,764) 16,100 6,423 ,758 1100,2781 Reeoneiliation of fund8 Total funds brought fop&vard 400,549 6,871 91,393 497.813 598.091 Total funds carrled forward 387,784 21,970 97,816 507,571 497,813