Parochial Church Council of St Botolph's Church, Shepshed End of Year Financial Statement Year ending 31st December 2024 Charity Number: 1133049
Parochial Church Council of St Botolph's Church, Shepshed Charity Number 1133049 For the Year ended 31$1 December 2024 Contents Trustees Annual Report... ..... Independent Examinerfs Report.... ... Statement of Financial Activities....... Fund movement by Type........10 Balance Sheet.........11 Page 2of11
Parochial Church Council of St Botolph's Church, Shepshed Charity Nurnber 1133049 For the Year ended 31st Dember 2024 Trustees Annual Re ort nce nis St Botolph's Church Church Street Shepshed Loughborough LeiStershire LE12 9RH Parish Office Church Gate Shepshed LeiStershire LE12 9RJ HSBC 41 Market Pla Loughborough LE113EJ Michael Torne (Reader) Richard Rock (Reader) Churchwardens Vacant Rev Andrew Race Keleigh Atkin (VICE Chair) Sarah Parr (Vice Chair) resentatlve on Deane Simon Parr John Dodson PCC Memb8r8 Jane Payne (Treasurer) Diane Melton (Ex-officio) Tricia Breen (Safeguarding Officer) David ittingtOn (Ex-officio) Sue Pullen Sheridan Roberts Sue Torne Glennis Wilcox Peter Soar Page3of11
Parochial Church Council of St Botolph's Church, Shepshed Charity Number 1133049 For the Year ended 31st December 2024 The Parochial Church Council (PCC) registered as a charty with the Charty Commission on 1 Dember 2009. The PCC is the executive committee of the parish, and consists of the Benefi ministry team, Deanery Synod representatives and churchwardens, together with elected representatives of the laity. The appointment of PCC members is governed by and set out in the Church Representation Rules and new PCC members are briefed on theii roles and responsibilrties. The PCC meets every two months to discuss ongoing plans and eLJncerns. Everybody on the Electoral Roll is eligible to seek nomination for the PCC and elections are held at the Annual Parish Council Meeting, which all Church members are encouraged to attend. an The primary aim of the PCC is the promotion of the gospel of our Lord Jesus Christ according to the doctrines and practices of the Church of England. The PCC co-operates with the incumbent in promoting in the parish the whole mission of the Church, pastoral, evangelistic, social and ecumenical. It is responsible for the financial affairs of the church and the care and maintenance of the church fabric and its contents. vi The PCC is committed to enabling as many people as possible to worship in our church and to become part of our parish communty. The PCC maintsins an overview of worship throughout the parish and makes suggestions on how our ServIS can involve the many groups that live within our parish. Our ServIS and worship put faith into practi through prayer and scripture. music and sacrament. When planning our activities forthe year, the PCC have considered the Commission's guidance on public benefit and. in particular, the specific guidance on charities for the advanment of religion. In particular, we try to enable ordinary people to live out their faith as part of our parish Gommunity through.. Worship and prayer., leaming about the Gospel., and developing their knowledge and trust in Jesus. Provision of p8Storal care for people living in the parish. Missionary and outreach work. To facilitate this work it is important that we maintain the fabric of the Church and the h811. The Church was open most of the year on Saturday and Tuesday mornings for anyone to attend. In January to April as a WanTt Hub. The church seNices are transmitted online through YouTube with over 100 viewers, There are women's and men's fellowship groups which meet regularly. Several social and fundraising events were arranged by volunteers in 2024 raising over £5,000. The PCC agreed to continue to support the Children's Society, Passion Youth Project and the Shepshed Food Bank. They also gave £250 each to Shepshed First Responders. Passion Youth Project and Aqua Box. The Church has continued to raise funds for Christian Aid. This year the Christingle seNices raised £1,000 for the Children's Society. The activities of the Church have been possible because of the time given by many volunteers. Worship and Prayer- The PCC are keen to offer a range of seNices during the week and over the course of the year that our community find both beneficial and spiritU811y fulfilling. John Bird retired as our Associate Priest at Easter. Regular Servi continued with visiting clergy and Lay Readers this year alongside online services for the Benef through Youtube, There ale over 200 people in our worshipping community, wtth around 80 attending on a "usual" Sunday. As well as our regular sen118, we enable our community to lebrate and thank God at the milestones of the joumey through life. Through baptism we thank God for the gift of life, in marriage public vows are exchanged with God's blessing and through funeral services friends and family express their grief and give thanks for the Page4of 11
Parochial Church Council of St Botolph's Church, Shepshed Charity Number 1133049 sl For the Year ended 31 December 2024 life which is now complete in this world and to commend the person into God's keeping. The Church supported those recenty bereaved through the Light Up a Lrfe event in December when people were invited to remember a loved one by lighting a candle. In 2024,12 individuals were baptised, 2 Weddings and 13 funeral services took pla held erther in church or conducted by a membei of the ministry team at the crematorium or cemetery. We have been contributing to the Minister Churches process through meetings and discussions. Deanery Synod - Two members of the PCC sit on the deanery synod. This provides the PCC with an imp)rtant link between the paiish and the wider structures of the church. Community activities - the links with th& local primary schools have continued to be developed with member8 of the church supporting the schools through assemblies and reading with pupils. The church was used for the Rotary Christmas Tree Festival again and this was very well attended with over 40 Christmas Trees on disp18y. Total receipts on unrestricted funds were £104,196. Restricted donations of £5,246, Investment income £2,136 and £578 in Endowment funds were also received and are detailed in the Financial Statement. During 2024 we were grateful to receive £1,437 in legacies. Funeral fees were down by -£8,442 as there were 17 less funerals compared to 2023, which in turn reduced the funeral costs. Planned giving is down again by just under 40/0, The parish giving scheme continues to be the best way ft)r parishioners to make regulator monthly gifts and the numbers using the scheme continues to grow, The Parish Contribution of £23,000 was paid to the Diocese of Leicester in 2024. The nel result for the year ¥vas a gain of reip1S over payments of £3,385 on unrestricted funds. Annual Gas and Electric costs for the church and hall were £12.080 and up ty 3¢/u compared to 2023. Vve continued to use the Sum Up machine to take contactless payments. We have also introduced a QR Code, used for the first time at the Christingle Servi this year collected £217.50. The total collected at the Christingle services was £1,000. It is our policy lo invest our funds balances with the CBF Church of Eng18nd Deposit Fund and a Trust Investment Scheme with True Potential. During 2024 the interesvgains on Investments has more than doubled this year. The Old School Fund can be used at the discretion of the vicar and ehurchwardens. Plans for Future Period8 A Roof Repair Funding Campaign was launched in December 2021 and has raised £20,440 to 31st December 2024. Some roof repairs were carried out through October to December 2024 at a cost of £29,778, VAT of £2,525 has been claimed back, so far. There is a more work to be carried out on the roof when the weather improves in 2025. We will be starting fund raising for Phase11 of the Roof0Wer repairs later in 2025. Rlsk Mana em8nt The major financial risk to which the PCC is exposed is that the income has been insufficient to cover the annual costs this year. Othei risks have been identffied and a Health and Safety Policy and a Child Safeguarding Policy have been introdud. The Trustees declare they have approved the above report on and it is si nedo their behair Sarah Parr and Keleigh Atkin (Joint Vice Chairs) . Page5of11
Parochial Church Council of St Botolph's Church, Shepshed Charity Number 1133049 For the Year ended 31st December 2024 Reports and recommendations following the Independent Examination of St Botolph's Church Year End 31 December 2024 Balance Sheet l Funds Income and expenditure A separate Sumup nominal account to be set up to record the Sumup / Online giving Code 0105 set up An accountant once advised me that the VAT recovered from the grant scheme should be treated as a negative expense - thus reducing the cost of the work All loose plate should really come under the heading of Donations- not "Other trading" or "Other in(xme° (example Baptismlwedding and funeral collections) Recommendations: Wrth regard to payments to organists - the Diocese recommend the following,, I think all the churches /PCC s need to do is to send a formal letter to each seff employed organist stating that they are being paid on a seff employed basis and that the Indidual is solely responsible for any taxation on the amounts pa Page6of 11
Parochial Church Council of St Botolph's Church, Shepshed Charity Number 1133049 For the Year ended 31st December 2024 CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on accounts Secllon A Independent Ex•nIne9 Rewt Reporl to the truste members of St Botolph's Church. Shepshed Leics On accounts for the year ended 31 gi December 2024 Charity no Sel on pages I rep(xt to the trustees on my examination of the accounts of the aLw)vf charity ('Ih8 Trusf) for tha y88r anded 3111212024 Responsibilitie5 and basls of report As the charivs trustees. we responsible for the preparation of the accounts in accC¢dan wth the requirements of the Chaiities Act 201 (Yhe Acr). I report in respect of my ex8mination of the Trusys accounts c8Thied 01 under section 145 of the 2011 Act and in carrying OLrt my examination. have followed all the applicable Directions given by ts Charity Commi under 5eclion 1445Xb) of the ACL Independent examinerfs statement I have c¢Jnpleted my examination. I cOnffin that no material matters h come to my attention in connection wilh the examination I have no corwns and have come across no other matters in conn with the examination to which attention should be drawn in this pC lyder to enable a proper understanding of the accounts to be reac Date: 19th March 20 Signed: Name: Colin Wood Relevant professional qualificatson(s) or body (if any): Member of the Associalion ofAccounting Technicians Address: 16 Wordsworth Rd Loughborough Leiceststshire LE114LQ Page7of 11
Parochial Church Council of St Botolph's Church, Shepshed Charity Number 1133049 For the Year ended 31 St December 2024 Anatysls of income and expenditura Total Reslrlctsd Unrostricted Deslgnated Endowment Thhye#r Last yèar Incomo and 8ndowment8 Donadons and legacles 0101- Gift Ard . Bank 0102- Non Glft Ald - Bank 0103- Parish Giving Stheme- &4 0104- Parish Glving Scheme - No GA 0110- Glft Ald - Envelopes (Blue) 0112 - Non GsftAid - Envelope8 {Blue) 0301- Loos8 plate colledions- Regular servi¢e 0302 - Loose plate colledions - Other sorvices 0410 - Giving through wall safe 0501- One-off Gift Aid gifts Iyellowl - Regular 0502- One-off GlfcAid gifts (Yellow) - Other 0550- Donation8 appeals elc 0551- Roof Phase 1 0601- Tax recoverable on Grft Aid 0701 - Legacie8 0801- Grants 0901- 0th8r funds generated 0903 - Christmas GrFts 0905 - Coffee InGom8 18,874 3,716 23.795 18,874 3,716 23,795 669 1,955 1,509 1,759 128 20,045 3,683 22,239 1,557 2.614 2,290 2,440 136 16 524 25 1,281 4,754 15,902 8,786 2.5fxi 1,183 50 1,252 1,955 1,509 1,759 128 744 135 3,542 744 135 3.542 4,988 13,444 1,437 4,983 13,444 1,437 915 915 1,023 1.023 Donatlons and legacles Totals Income fmm charitable activities 1101- Fees ftir weddlngs and banns 1102- Fè88 for fvnerals 121 D- Bookstall sales to promote objectrves 1230 - Ghurch hall letring8- oblecllves 1300 - Children's Church 73,855 4,983 78,838 91.284 2.350 4,163 2,350 4,163 1,584 10,605 52 2,133 100 1,842 25 1,842 25 Income from charitsble actlvldes Totals Other tradlng activities 0202 - Loose plate Collectlon - Bapli 0902 - Chrfslmas market 0- 100 club 0910 - Social and Fundraising events 1220- Bookstall salés- fijnd raising 1240- Church hall lettings- fund raising 1250 - Magazine income - advertising 1260 - P8righ rnagazine sak88 1280- Income from printing and stationery 8.384 14,476 414 2,599 2,117 1,911 29 8,550 1,288 552 79 414 2,599 2,117 1,911 29 8,550 1,268 552 79 2,783 2,012 2,816 28 8,810 925 413 162 Other trading actlvltles Totals Investments 17,522 17,522 18,637 1020- Bank and bulldlng SOGi8ly interest 883 2,136 263 578 3,861 Investmants Totals 883 2,136 263 578 3,861 2,364 Other Income 0303- Loose Colla¢tions- Funerals 1270- Sl James. contribution 1,161 2,750 3,550 3,550 other In¢ome fotals 3,550 3,911 Income and endowments Grmnd totals 104,196 2,136 5,246 576 112,157 130.673 Page8of 11
Parochial Church Council of St Botolph's Church, Shepshed Charity Number 1133049 For the Year ended 3181 December 2024 Totsl UDrestrfct D•slgnat•d R•*lGt•d End(f•hn•rt Expenditure Raising lunds 1701- FraIS1j ctssts 1702- Club 1750- Legacy spend 528 920 138 528 920 138 538 1.075 Ralslny fvnds Tolals Expenditurn on Charltable actfvltl•8 1850- Mlssion glviro - horn8 1851- Mls8lon givirvJ - intetnational 1910- Parish gifi 1911- Asslgned fees 2050- Solary of parish adminislrator 2051- Caretsker salary 2052- Tr&asur6¢8 ExpensesMlag85 2053 - Glfts 2102- Non-slpendary ministerf8 expenBes 2104- Pa5tornl a8SiStant exnSeS 2106- VtslllTrJ Clergy 2110 - Sub8criplion¥ 2163- Youth SarviL 2164- Children'B SeNce8 2201- Training 2202- Books & Résources 2310- Church offlc8- telephonethtemet 232D- Organ I plano tsjnlnu 2321 . Organlsts fees 2331 Cleanlng 2340. uPkp ofservi$ 2341 - dding costs 2342- Funeral Costs 2343- Baptlsm costs 2345. Hospttallty 2361 . Printing and station 2362- offi Costs 2363- Photocopier C(sts 2401- Church Nnnlng - ele¢Xrl¢lty 2410- Church runnlng - g 2420- Church running - water 2450- Church runnlng - Insurdnce 2460- Church njnnlng - m8inlenanr 2501- Magazlne expen8e8 2530- Hall rLmnirvJ- eleGtridty 2540- H811 running- gas 2550- Hall rwnlng- Insurnnco 2580- Hall rLmning- rn8inten9e 258Q- Hall rLnir- water 2601- Govemarth ojsts 8xamlnallonlaLlI f88 2603- Bank Chargè5 2610- Athrartlsl 2820- PAYEINI 2701- Churth malor repair3- strLKaurp 2710- Churth m8s¢x repair5- in5tallabon 2820- Hall + major repairs- install8lion 1,586 1.586 1.847 Joo 250 23,01 250 23,000 46,rA)o 10.809 7.514 3,374 250 10.809 7.514 3,374 250 10.272 5,407 3,509 535 507 203 416 666 15 147 144 337 144 337 23 138 246 143 1,130 61 454 318 2,318 470 1,761 878 4,950 219 225 49e 435 1,855 2,000 6,139 180 1.130 2,224 495 1,600 1,146 2,(5 517 617 2.224 1.146 2.065 517 617 fj30 597 1,671 1,732 7.523 247 597 1,671 1,732 7,523 247 3,WO 4.527 1,(7 1,812 1,013 1,655 3.420 252 173 221 3,900 3,898 5.192 49 1,778 1,911 1,674 5.904 243 149 203 1.087 1,812 1.013 1.655 3.420 252 173 221 787 9.391 736 787 27.253 1,748 17.882 866 396 268 Eypanditurn on ch8rRabla 8Ctlvltl•s Totals 99,224 17.862 117,oe6 118,457 Expenditure Grand totals 1 tNJ,811 17.862 118.873 120,305 Page9of 11
Parochial Church Council of St Botolph's Church, Shepshed Charity Number 1133049 For the Year ended 31st December 2024 Fund movement by type Fund and typ• Fund balan¢k8 lyought InmIlVj Resources Ouolng TraMf•rn G•ins •nd Jownal Fund hlin¢ Entrlm wrfld forxard Bells Re5trJcted 4.970 283 5,234 Sub40ts18 234 CBFCurnle Endov•m8nt 340 8.884 8ub4olals 8,884 Fabrlc ENlowmenl 5.993 237 6,231 sUltOtal$ 5,$93 6,231 Old8chool Designated 53.409 2.136 55.545 Sub40141$ 03.409 2.136 Rooti Re8tricted 12.879 4.983 (17.882) Sub.total 11879 (17.862) G•norn1 Unre3tsiLted 107.721 104,198 100,811 111,963 8ub.tolals 107.721 101196 10D,811 85S 111.963 Resblcted 8tota Totals 194,103 112,157 118,673 856 18B,444 Page10of 11
Parochial Church Council of St Botolph's Church, Shepshed Charity Number 1133049 For the Year ended 3151 Dernber 2024 Balance Sheet dotallod Asat 3111212024 Asat 3111212023 Ftxed assets 6440= Church Hall 68.000.00 7.128.40 11,440.86 88,000.00 6445: Church Equipme 6450.. Trust Fund 7,152.40 10.584.02 Total Fi¥ed assets 86.669.26 84736A2 Cutrent assets 8501: Ba crrent acLxunl 28.864.65 36.854.11 6502: B911 Fund 6503.. s¢181 Proj8d Fund 6504.. Bradley Fabric Fund 6506.. Old School Account 5,234.04 8,990.08 6,312.07 4.97023 8,545.48 5,993.93 53,409.58 200.00 56.244.47 200.7 6590.. Cash in hgThJ Tot•1 Currenl a•$ots 103.86&31 109,973.31 Llabllltles 6899.. Agery collections Z04.' Accounts PayabJ& 1.989.69 1.605.80 Total Li•biW'ti• 1.989.69 1,606.80 Not Aet surplu5 Id¢flcl¢l 188,444.88 194,103.93 R¢9erveg Excess 1 {defidi) lo dats Z01: Stsrting balances Z02.' Gainsl{losse$> on investment assets Z03- G8inslllo88esl on reval of fixed assels 16,515.891 194.103.93 856,84 10,368.71 183.15120 584.02 roial R•s&ms 1M444.88 194.103.93 Represented by Fundg Unreslrid£d 111.963.57 55.545.76 5,819.21 15,116.34 107,721.90 53,409.58 Designated Restricted 18,434.40 14,538.05 Endwment Total 188,444.88 1B4,103.93 Page11 of 11