OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

← The Parochial Church Council Of The Ecclesiastical Parish Of St Mary The Virgin, Baldock

2024-12-31-accounts

The Parochial Church Council of the Ecclesiastical Parish of St Mary the Virgin, Baldock Registered Charity No. 1133060

1

C2 General

Annual Report and Financial Statements for the year ended 31[st] December 2024

Contents Page
1 St Mary’s Vison & Goals 4
2 Values in Acton
-Engaging worship 5
-Enjoying fellowship, food and fun 6
-Caring for the Environment 6
-Inclusive welcome and access to all 7
-Visible presence in the community (and beyond) 7
-Protectng our past and shaping our future 8
3 Safeguarding 10
4 All About The PCC 11
5 Financial Review 14
-Statement of Financial Actvites (SOFA)
-Balance Sheet
-Notes to the Financial Statements
-Independent Examiner’s Report

2

C2 General

Rector(From 13 September 2023) Treasurer
The Reverend Phillipa Maddox Steve Thomas
The Rectory 38 High Street
9 Pond Lane Baldock
Baldock
Principal Bankers Independent Examiner
Lloyds TSB Geof Mann
Bancrof Dee House
Hitchin Highworth Avenue
Cambridge

Church Contact Details htp://www.stmarysbaldock.org.uk

PCC Members & Key Role Holders Role
The Reverend Phillipa Maddox Rector
David Morgan Churchwarden
Mike Maddox Licensed LayMinister
Katrina Nice Licensed LayMinister
Agnes Balmer LayLeader of Worship
Steven Thomas Treasurer
Paula Lickfold DBS Ofcer
Alexandra Milne PCC Secretary
Christopher Page PCC member
Steven Shepperson-Smith PCC member
Andrew Clark PCC member
Michael Muir PCC member
Christne Caine PCC member
Sarah West SafeguardingOfcer
Sharon Wiltshire Junior Church Leader
AntonyCopsey Director of Music
Paul Herring Organist
Aileen Barry Friends of St Mary’s Chairperson

3

C2 General

1. St. Mary’s Vision & Goals

2024 was a year of both change and consolidation at St Mary’s Church. In February, a successful and well attended Parish Away morning helped to channel ideas and initiatives. This enabled us to use the feedback to shape the change and the direction of the church community.

Parish Away Morning February 2024

A new vision was developed following this time away together:

Our vision is to grow in love for God, our planet, our community and each other.

This vision reflects our commitment as a church to be a dynamic worshipping community full of life and love. While it is encouraging to see numerical growth (Sunday attendance increased by 7% in 2024), our focus is on growing spiritually, in inclusivity, in compassion for others and in our care for the environment.

St. Mary’s vision is based on our core values of:

Our Mission Action Plan (MAP) was updated in 2024 with our new priorities being:

4

C2 General

2. Values in Action

The vision and values of St. Mary’s Church are reflected in our activities and plans for the future.

~~a~~ Engaging worship

Worship at St. Mary’s is facilitated by a dedicated ministry team and many other volunteers. Our ministry team grew in 2024, with Mike Maddox licensed as a Lay Minister in September and Agnes Balmer licensed as a Lay Leader of Worship in October.

2024 saw an increase in diversity of worship provided by St. Mary’s Church. Choral Evensong returned as a regular feature in

Mike's Licensing Service - St. Albans Cathedral September 2024

our church calendar and has grown in popularity with both existing and new congregants. The Praise Be Band reformed and have started playing at our monthly Parish Praise! services. They also performed at the Christmas Tree Festival which brought in hundreds of extra visitors to our church. There have been a number of themed services throughout the year including Safeguarding Sunday, Anti-slavery Sunday and Environment Sunday.

The provision of ministry to children and families includes Junior Church twice a month in term time, a monthly all-age Parish Praise! service, monthly Messy Church and the hugely popular Crib Service on Christmas Eve when over 250 people regularly attend. Midweek worship includes Tiny Tots on Wednesdays, now at the earlier time of 10am, followed by Holy Communion at 11.15am.

The church continues to have a strong relationship with St Mary’s Infant and Junior Schools. The Infant School received an encouraging SIAMS (Statutory Inspection of Anglican & Methodist Schools) report, highlighting the strong emphasis on Christian distinctiveness within the school and commending the fruitful relationship with St. Mary’s church.

Prayer meetings continue three times a week online and with a monthly in-person meeting on Sunday mornings after the 9.30am service. Our Pastoral Visiting team takes worship out to the community, leading home communion services for those who are house-bound and in four different local Care Homes.

5

C2 General

Enjoying fellowship, food and fun

The Friends of St Mary’s arranged a number of events throughout the year, raising much

needed funds for the church building. These included concerts for both adults and children, a theatrical production, an entertainer, a cream tea to celebrate the first anniversary of HM The King’s coronation and a colour analyst consultancy event – there was certainly something for everyone! Tower trips and church tours were organised for the Baldock Festival in May, but sadly the tower trips were cancelled in December due to the weather.

Throughout the year, shared meals provide an opportunity for church members to relax together and develop relationships. Seasonal festivals provide additional opportunities for fellowship and fun. Highlights this year included a bring-and-share meal as part of our Maundy Thursday service and

enjoying fireworks and fizz after Ascension Day service.

Enjoying sparkles in the churchyard on Ascension Day our

Caring for the Environment

The Bee and Butterfly Garden continued to spearhead St Mary's eco drive: highlights were a Churches Count on Nature bug hunt for children, signposting the garden with new artistic posters on wooden display boards and using the garden for a prayer session in Messy Church. The Eco Church Group had its annual stall in Baldock EcoFest, making bunting for use in a church service - ~~tells~~ iaveremnsted V7 Oe = and connecting with the national church's Aacgias ; Syee ee=ee8 ee. oteeeeeer Creationtide celebrations in September. Eco PERE 4 eeSe Ra ty ee 2k[tate] Neie ayodJO Onrie eaib, Foe tips are shared in our weekly newsletter and we PsaEe 5 RR ae ah EES ee SS hire — f: continue to put forward ideas for our church and hall to be more sustainable and grow towards an A Rocha Silver Eco Church award!

The Bee Garden looking glorious in the summer

6

C2 General

Inclusive welcome and access to all

The church is open daily during daylight hours and is therefore accessible to all who wish to come in for a time of quiet contemplation, reflection, to light a candle or to look at the Book of Remembrance. New Welcome cards were introduced in 2024 that are more appealing than the previous GDPR forms and have been very popular with our visitors and new worshippers.

The Community Sponsorship committee continues to meet throughout the year, supporting a Syrian refugee family in our benefice. The family still rely reasonably heavily on members of the committee but are slowly working towards gaining more independence.

We continue to host a Trussell Trust Foodbank station twice a week in our church hall. Early in 2024, we responded to an invitation from a local family support worker, Nicki McGrinder, to help create a new model of food distribution to meet the needs of our local community. Kaotic Angels Food Station now runs weekly in the church hall, free of charge, and is supported by a number of volunteers from the church and the wider community.

Volunteers at the Kaotic Angels food station

Visible presence in the community (and beyond)

Events took place throughout the year, particularly during the Baldock Festival in May and the Christmas Fayre in December. During the Festival in May, the Friends of St Mary’s hosted a stall on the High Street (turning water into wine) helping to highlight our presence in the community. St Mary’s hosted many other events over the fortnight. The ever-popular Christmas Tree Festival coincided as usual with the town’s Christmas Fayre. Entry to the Festival remains free of charge, so that it is not prohibitive due to costs. Footfall was down on previous years due to the torrential weather which sadly meant that the main Fayre was cancelled. However, for those who braved the

Christmas Tree Festival

weather, refreshments and mulled wine, Santa’s Grotto, live music and over 50 exhibits awaited them.

7

C2 General

Our desire to show the love of Christ extends beyond our own locality. As such, the missions committee continues to meet regularly and allocated charitable giving on behalf of the church to those in need both nationally and internationally.

This year money has been given to HomeStart North Herts; Shelter UK; Christians Against

UNICEF Morocco Earthquake

Summer jazz concert with JD Jazz band in June

Poverty; Appeal;

USPG (United Society Partners in the Gospel), Embrace the Middle East - a Christian charity, "tackling poverty and injustice in the Middle East"; UNICEF Gaza Emergency Appeal and Christian Aid Ukraine Appeal. At Christmas, we collected items in shoeboxes to donate to needy families in Bulgaria through the House of Opportunity charity.

Protecting our past and shaping our future

One of the symbols that can be found around the church, and on some memorials in the churchyard, is a foliated cross; a cross with leaves growing out of it. We have created a new church logo based on the image of a foliated cross as a reflection of our vision, but also recognising our valuable historic legacy. This logo was created for us by graphic artist, Alexandra Nice, and is unique to St. Mary’s church.

A very popular taster session during the Baldock Festival in May has led to a new group of bellringing trainees at St. Mary’s. The Baldock bellringing team (known as a ‘Tower’) are excited to welcome these keen new volunteers and hope to get our Tower up to full strength soon.

The Bellringing Beginners Group

----- Start of picture text -----
8
----- End of picture text -----

C2 General

A great blow came to our church and local community in the early hours of the morning on Friday 19th July, when we sadly suffered from a significant act of vandalism. Several gravestones in the churchyard were severely damaged and almost every window and door in the church hall were smashed.

Following the attack, the hall was initially completely closed, meaning that the Food Bank and other activities that take place in the hall had to be cancelled or moved to other locations at short notice. After a period of consideration, rather than just patching up the church hall to fix the damage, we decided to use the opportunity to improve the facilities for the use of the church and wider community.

Proposed plans for the church hall

Our priorities are to improve the accessibility and reduce the energy footprint, to make it a more welcoming and flexible space. This will inevitably result in a delay to the repairs and some disruption once works commence but will mean that the church hall can continue to be a valuable community space for years to come.

9

C2 General

3. Safeguarding

Our goal at St Mary’s Baldock is to have an environment where everyone feels safe and respected. We take very seriously the importance of safeguarding all people using our church facilities or dealing with representatives of our church community. We follow government, Church of England and the House of Bishops policies and good practice guidance.

In July, Paula Lickfold took up the position of Lead Recruiter. In October Chris Caine stepped down as Parish Safeguarding Officer and Sarah West was appointed as the new Parish Safeguarding Officer. We are working to develop a culture where safeguarding is understood as everybody’s concern. In November, we celebrated Safeguarding Sunday with a themed worship service as part of our strategy to achieve this.

Safeguarding training

Work continues to ensure that everyone who has a responsibility for running church activities with children and vulnerable adults knows who the safeguarding team is and how to follow the process of raising concerns.

With safeguarding training taking place online we are pleased to report that those with a responsibility for children, young people and vulnerable adults, and PCC members, are trained to the appropriate level. For those who are unable to undertake online training workshops were held.

Safeguarding policies and plans

Safeguarding policies are available on our website, in a clearly signposted dedicated section of the site. Information about our safeguarding policies and procedures are displayed in the church and church hall with details of the safeguarding team. In September the PCC reviewed the safeguarding policy and action plan. We are pleased to report that risk assessments were updated and developed for church activities and working practices. This is ongoing as new activities come on stream. In addition, we updated our policies and processes on safer recruitment for volunteers and employees following the Church of England guidelines.

10

C2 General

4. All About the PCC

NOTE: As a co-opted member, Mrs S West is not a trustee of the Charity.

The Parochial Church Council of the Ecclesiastical Parish of St Mary the Virgin, Baldock (PCC) has the responsibility of cooperating with Reverend Phillipa Maddox to promote the ecclesiastical parish, the whole mission of the Church, pastoral, evangelistic, social and ecumenical. The PCC is also specifically responsible for the maintenance of the Church and the Church Hall.

Objectives and Activities

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. Mary's. 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 and scripture, music and sacrament. When planning

11

C2 General

our activities for the year, the incumbent and the PCC have considered the Commission's guidance on public benefit and, in particular, the specific guidance on charities for the advancement of religion. To facilitate this work, it is important that we maintain the fabric of the Church of St. Mary's and the Church Hall.

Structure, governance and management

The method of appointment of PCC members is set out in the Church Representation Rules. At St. Mary' s the membership of the PCC consists of the incumbent (Rector), readers, churchwardens and members elected by those members of the congregation who are on the electoral roll of the church. All those who attend our services/members of the congregation are encouraged to register on the Electoral Roll and stand for election to the PCC. The PCC members are responsible for making decisions on all matters of general concern and importance to the parish including deciding on how the funds of the PCC are to be spent. In addition to the Annual Parochial Church Meeting, the full PCC met four times during the year - in February, June, September and November. Conflict of Interest, of which we are very mindful, is a standard agenda item at the PCC meetings.

In September, seven members of the PCC attended the Leading Your Church into Growth conference, led by a team from the Diocese. This engaging conference helped us to think about how we can generously and effectively welcome more people to St. Mary’s church.

----- Start of picture text -----
Members of the PCC attending the Leading Your Church into Growth
conference in September
----- End of picture text -----

12

C2 General

Statistics

Baptisms, Funerals, Weddings and key services took place throughout the year. The below table below shows a comparison in the statistics from 2017 (pre-pandemic), 2023 & 2024. It is encouraging that Sunday attendance is growing. Although seasonal services seem to have dropped, some have increased, such as Nine Lessons and Carols which nearly doubled in number from the previous year. It is also interesting to note that more of our community are choosing to have funerals led by a Minister either in Church or at a Crematorium than in previous years.

Event 2017 2023 2024
Usual SundayAttendance(adult) 57 42 45
Usual SundayAttendance(child) 9 5 5
Baptisms 16 9 10
Funerals led by a Minister either in Church
or at a Crematorium		 24 13 31
Weddings 3 2 0
Christmas Attendance 571 438 419
Easter DayAttendance 179 87 68

There are 109 people on the Electoral Roll (compared to 115 in 2023 and 134 in 2017).

Deanery Synod

Three members of the PCC sit on the deanery synod. This provides the PCC with an important link between the parish and the wider structures of the church.

General Data Protection Regulation

The General Data Protection Regulation have continued to be in place and monitored by the Parish Administrator, Alex Milne. All emails sent out by the church go out blind copied and all recipients have signed to agree for their details to be included in our distribution list. Designated email addresses have been set up for Messy Church and Hall Bookings.

Friends of St Mary’s

The Friends of St. Mary the Virgin (FOSM), Baldock (Registered Charity: 1117542) is a separate charity with the aim of raising money for the maintenance and restoration of the fabric of the church buildings. The FOSM committee met every eight weeks or so throughout the year, principally to plan the fundraising events to assist the church maintenance and repairs and grow membership.

13

C2 General

5. Financial Review

General Fund

At the start of 2024, the General Fund held £51,983 but during the year this reduced by £8,280 to finish at £43,703. Many of the changes over the year reflect the financial climate in general. The key points in 2024 were:

Church Hall Fund

The Church Hall would have made a profit of approximately £4,000 in 2024; up from £1,588 in 2023. This improved position is a consequence of the increasing use of the hall by external organisations. Unfortunately, the hall was vandalised, and approximately £7,000 has been spent on emergency boarding and glazing of the doors, as well as a measured survey and plans for the hall restoration. Some of these costs, as well as the insurance settlement and donations towards the restoration, will be transferred to a designated Hall Restoration fund, which will be set up in 2025. The Church Hall Fund now stands at £3,616.

Restricted Funds

The PCC currently holds £80,590 (£86,519 in 2023) in surplus Restricted Funds.

Much of this money is held within the Fabric Fund. At the end of 2024 this held a total of £40,943 (2023 £40,711). The increase is due to interest earned on the deposit.

The Sound System Fund has been renamed as the Audiovisual Systems Fund to include the streaming equipment purchased in 2021 and the new microphones in 2023 – fees are charged for the optional use of this system at weddings and funerals. This fund currently has a balance of -£1,025 after we received a grant in 2024 from Hertfordshire County Council, and a number of church funeral fees.

14

C2 General

The Community Sponsorship Fund currently holds £678 (£1,198 in 2023). The reduction is due to the cost of providing English language lessons, and insurance payments for 79 Hillcrest.

The Nave & Chancel Roof fund currently holds £29,807 (£36,590 in 2023). We are going to explore the possibility of releasing some of these funds for other purposes.

Liabilities

The total liabilities of the PCC at the end of 2024 were £8,024 (£8,206 in 2023). This includes the Quarter 4 parochial fees, December utilities used but not yet invoiced, and charitable payments that were still to be distributed. All of these liabilities will be settled within the first quarter of 2025.

Reserve Policy

15

C2 General

STATEMENT OF FINANCIAL ACTIVITIES

For the year ended 31 December 2024

STATEMENT OF FINANCIAL ACTIVITIES
For the year ended 31 December 2024
Note
INCOMING RESOURCES
Incoming resources from donors
2(a)
Other voluntary income
2(b)
Income from charitable and ancillary trading
2(c)
Income from investments
2(d)
TOTAL INCOMING RESOURCES
RESOURCES USED
Missionary and charitable giving
3(a)
Activities directly relating to the work of the church
3(b)
Fund raising and publicity
3(c)
Church management and administration
3(d)
TOTAL RESOURCES USED
NET INCOMING RESOURCES
Transfers between funds
4
NET MOVEMENT IN FUNDS
BALANCES BROUGHT FORWARD AT
1 JANUARY 2024 (2023)
BALANCES CARRIED FORWARD AT
31 DECEMBER 2024 (2023)		 Unrestricted
Funds
£
84,571
3,608
20,786
3,116		 Restricted
Funds
£
4,497
-
-
273		 Total
Funds
2024
£
89,068
3,608
20,786
3,389
116,851
5,415
113,981
441
14,188
134,025
(17,174)
-
(17,174)
145,083
127,909		 Unrestricted
Funds
£
74,723
1,105
18,704
1,674		 Restricted
Funds
£
25,473
-
-
268		 Total
Funds
2023
£
100,196
1,105
18,704
1,942
112,081 4,770 96,206 25,741 121,947
-
106,397
441
14,188		 5,415
7,584
-
-		 -
101,182
-
13,799		 6,038
10,282
-
-		 6,038
111,465
-
13,799
121,026 12,999 114,981 16,320 131,302
(8,945)
(2,300)		 (8,229)
2,300		 (18,775)
(2,800)		 9,420
2,800		 (9,355)
-
(11,245)
58,563		 (5,929)
86,520		 (21,575)
80,138		 12,220
74,300		 (9,355)
154,437
47,318 80,591 58,563 86,520 145,082

The notes on pages 18 to 23 form part of these financial statements

16

C2 General

BALANCE SHEET As at 31 December 2024

Note
FIXED ASSETS
5
Tangible fixed assets
Investment assets
CURRENT ASSETS
Debtors
7
Central Board of Finance Deposit
Cash at bank and in hand
LIABILITIES :
8
NET CURRENT ASSETS
NET ASSETS
FUNDS
9
Unrestricted
- General
- Designated
Restricted
AMOUNTS FALLING DUE WITHIN ONE YEAR		 2024
£
-
651		 2023
£
-
651
651 651
460
14,083
120,739		 -
41,861
110,776
135,282 152,637
8,024 8,206
127,258 144,431
127,909 145,082
43,703
3,616
80,590		 51,983
6,580
86,519
127,909 145,082

Approved by the Parochial Church Council on

Revd P Maddox D Morgan Rector Churchwarden

The notes on pages 18 to 23 form part of these financial statements

17

C2 General

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 31 December 2024

1. ACCOUNTING POLICIES

The PCC is a public benefit entity within the meaning of FRS102. 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 been prepared under FRS102 (2016) as the applicable accounting standards and the 2019 version of the Statement of Recommended Practice, Accounting and Reporting by Charities (SORP(FRS102)).

The financial statements have been prepared under the historical cost convention. 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.

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. Other funds designated for a particular purpose by the PCC are also unrestricted.

Restricted funds represent the funds which have accumulated from money which has been given for a particular purpose or invited by the PCC for a specific purpose. 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.

Incoming resources

Voluntary income and capital sources

Collections are recognised when received by or on behalf of the PCC Planned giving receivable under covenant is recognised only when received

Income tax recoverable on covenants or gift aid donations is recognised when the income to which it relates is received.

Other ordinary income

Rental income from the letting of the church premises is recognised when received.

Income from investments

Dividends and interest are accounted for when received.

Resources used

Donations

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.

Fixed assets

Consecrated land and buildings, the Church Hall and movable church furnishings

In so far as consecrated and benefice property of any kind is excluded from the statutory definition of ‘charity’ by Section 10(2)(a) and (c) of the Charities Act 2011 such assets are not capitalised in the financial statements. The retention of the Church Hall is bound up with the worship, mission and ministry of the Church and is considered to be 'operationally inalienable' and is also excluded from the accounts.

No value is placed on movable church furnishings 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 benefice buildings and movable church furnishings, whether maintenance or improvement, is written off as expenditure in the Statement of Financial Activities and separately disclosed.

Other fixtures fittings and office equipment

Equipment used within the church premises is depreciated on a straight-line basis over 2 to 10 years.

Investments

18

C2 General

Investments are carried at their book cost at 31 December.

Net current assets

Amounts owing to the PCC at 31 December in respect of fees, rents or other income are shown as debtors. Short - term deposits include cash held on deposit with the Church Board of Finance of the Church of England. Amounts owed by the PCC at 31 December in respect of expenses and church maintenance are shown as creditors.

19

C2 General

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

2
INCOMING RESOURCES
2(a) Incoming resources from donors
Planned giving :
Gift Aided and non-Gift Aided
Income tax recoverable on Gift Aid
Collections at all services
Donations, appeals, subscriptions
2(b) Other voluntary income
Contributions to Rectory Gas
Social & Fundraising
2(c) Income from charitable and ancillary trading
Church Hall shop & Coffee Bar
Church Hall hire
Fees
2(d) Income from investments
Dividends
Interest received on deposits
TOTAL INCOMING RESOURCES
Incoming Fees for Church Heating		 Unrestricted
Funds
£
44,975
10,152
4,204
25,240		 Restricted
Funds
£
-
-
-
4,497		 Total
Funds
2024
£
44,975
10,152
4,204
29,737
89,068
-
3,608
3,608
693
12,498
455
7,140
20,786
273
3,116
3,389
116,851		 Unrestricted
Funds
£
48,351
11,859
2,304
12,209		 Restricted
Funds
£
-
-
-
25,473		 Total
Funds
2023
£
48,351
11,859
2,304
37,682
84,571 4,497 74,723 25,473 100,196
-
3,608		 -
-		 224
881		 -
-		 224
881
3,608 - 1,105 - 1,105
693
12,498
455
7,140		 -
-
-
-		 789
12,791
100
5,024		 -
-
-
-		 789
12,791
100
5,024
20,786 - 18,704 - 18,704
-
3,116		 273
-		 -
1,674		 268
-		 268
1,674
3,116 273 1,674 268 1,942
112,081 4,770 96,206 25,741 121,947

20

C2 General

NOTES TO THE FINANCIAL STATEMENTS (continued )

For the year ended 31 December 2024

3
RESOURCES USED
3(a) Missionary and charitable giving :
Missions
Sustainability
Youth Worker
Community Sponsorship
3(b) Activities directly relating to the work of the Church
Ministry :
parish share
clergy expenses
fees
Church running expenses
insurance
heat, light and water
repairs, maintenance & improvements
upkeep of services
Rectory Gas
Organ, Choir & Music Group
Church Hall - running expenses
Church Hall shop & Coffee Bar
Resources
Gifts and Hospitality
Disabled Access
3 (c) Fund - raising and publicity
Publicity and other expenses
3 (d) Church management and administration
Office Running Costs
Secretarial assistance
Bank charges
Other administrative charges
TOTAL RESOURCES USED		 Unrestricted
Funds
£
-
-
-
-		 Restricted
Funds
£
4,195
-
600
620		 Total
Funds
2024
£
4,195
-
600
620
5,415
61,685
2,738
3,559
8,057
7,240
8,000
28
1,017
3,453
16,156
-
1,907
141
113,981
441
874
12,445
266
603
14,188
134,025		 Unrestricted
Funds
£
-
-
-
-		 Restricted
Funds
£
5,501
63
100
374		 Total
Funds
2023
£
5,501
63
100
374
- 5,415 - 6,038 6,038
61,685
2,738
3,559
8,057
7,240
416
28
1,017
3,453
16,156
-
1,907
141		 -
-
-
-
-
7,584
-
-
-
-
-
-
-		 56,511
50
5,810
7,144
12,161
1,109
9
1,484
3,552
11,909
106
699
638		 -
-
-
-
-
9,903
-
-
-
-
-
39
-
340		 56,511
50
5,810
7,144
12,161
11,012
9
1,484
3,552
11,909
106
738
638
340
106,397 7,584 101,182 10,282 111,464
441 - - - -
874
12,445
266
603		 -
-
-
-		 1,307
11,147
271
1,074		 -
-
-
-		 1,307
11,147
271
1,074
14,188 - 13,799 - 13,799
121,026 12,999 114,981 16,320 131,301

The total Salaries paid in 2024 was £15,375 (2023 £13,837) for Secretarial Assistance and Hall Cleaning. No trustees or connected persons were paid any monies with the exception of reimbursement of expenses for items purchased on behalf of the PCC. Other administrative charges include salary administration £462 (2023 £462) and an Independent Examination fee of £540 estimated. (2023 £539; paid in 2025)

21

C2 General

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

4
SUMMARY OF INTERNAL TRANSFERS 2024
PCC Donation to Missions Committee
PCC Donation to Missions for Latin Link
PCC Advance to Audiovisual System
Legacy & Memorial (Designated) to PCC
PCC Donation to Organ Fund
SUMMARY OF INTERNAL TRANSFERS 2023
PCC Donation to Missions Committee
PCC Donation to Missions for Latin Link
Legacy & Memorial (Designated) to PCC
PCC Donation to Organ Fund
5
FIXED ASSETS FOR USE BY THE PCC
Tangible fixed assets
GROSS BOOK VALUE
At 1 January 2024
Additions in the year
Disposals and Revaluations in year
At 31 December 2024
DEPRECIATION
At 1 January 2024
Provided in the year
At 31 December 2024
NET BOOK VALUE
At 31 December 2024
At 31 December 2023		 Fixtures and
Equipment
£
57,326
-
-		 General
(500)
(1,800)
-
-
-
Unrestric		 Designated
-
-
-
-
-
-
Designated
-
-
-
-
-
ted Funds
ted Funds		 Restricted
Funds
500
1,800
-
-
-
(2,300) 2,300
General
(1,000)
(1,800)
-
-
Unrestric		 Restricted
Funds
1,000
1,800
-
-
(2,800) 2,800
57,326
57,326
-
57,326
-
-

Fixtures and equipment comprise the contents of the Church Hall which are held by the PCC for continuing use in its work, and lighting and fittings and equipment installed in the Church. The contents of the Hall were acquired from PCC funds or by gift.

The Church gas boiler, lighting and fittings were acquired using amounts collected into the Fabric, Restoration and Legacies & Memorials Funds.

Investment assets

Investments were held at 31 December 2024 and 31 December 2023.

These investments were enabled by specific bequests in previous years.

427 shares are held in the CBF's Investment Fund in the UK - At 31 December 2024 Historical Cost £550 (2023 £550) Market value £9,873 (2023 £9,652).

In addition, at 31 December 2024, £101 was held in the deposit fund. (2023 £101).

6
ANALYSIS OF NET ASSETS BY FUND
Fixed assets
Current assets
Liabilities
7
DEBTORS
Prepayments
8
LIABILITIES
AMOUNTS FALLING DUE WITHIN ONE YEAR
Accruals and deferred income		 Unrestricted
Funds
£
-
49,766
(2,447)		 Restricted
Funds
£
651
85,516
(5,577)		 Total
Funds
2024
£
651
135,282
(8,024)
127,909
Total Funds
2024
£
460
Total Funds
2024
£
8,024		 Unrestricted
Funds
£
-
62,611
(4,048)		 Restricted
Funds
£
651
90,026
(4,158)		 Total
Funds
2023
£
651
152,637
(8,206)
47,319 80,590 58,563 86,519 145,082
Unrestricted
Funds
£		 Restricted
Funds
£		 Unrestricted
Funds		 Restricted
Funds		 Total Funds
2023
£
- 460 - - -
Unrestricted
Funds
£		 Restricted
Funds
£		 Unrestricted
Funds
£		 Restricted
Funds
£		 Total Funds
2023
£
2,447 5,577 4,048 4,158 8,206

22

C2 General

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

9 FUND DETAILS
FUND DETAILS 2024
RESTRICTED FUNDS IN SURPLUS AT END 2024
Tower
Robes & Vestment
Missions
Churchyard
Choir Scholarships
Community Sponsorship
Remembrance
Youth
Sustainability
Fabric
Youth Worker (Restricted)
Organ
Nave & Chancel Roof
Endowments
Disabled Access
TOTAL RESTRICTED
UNRESTRICTED
Designated Funds
Church Hall
SUBTOTAL
General
TOTAL UNRESTRICTED
TOTAL FUNDS
FUND DETAILS 2023
RESTRICTED FUNDS IN SURPLUS AT END 2023
Tower
Robes & Vestment
Missions
Churchyard
Choir Scholarships
Community Sponsorship
Remembrance
Youth
Sustainability
Fabric
Youth Worker (Restricted)
Organ
Nave & Chancel Roof
Endowments
TOTAL RESTRICTED
UNRESTRICTED
Designated Funds
Church Hall
Legacy & Memorial
SUBTOTAL
General
TOTAL UNRESTRICTED
TOTAL FUNDS
Audiovisual System
Audiovisual System		 Balance at
1/1/2024
2,439
140
418
93
162
1,198
315
59
173
(2,425)
40,711
4,081
2,255
36,589
651
(340)
86,519
6,581
6,581
51,983
58,564
145,083
Balance at
1/1/2023
2,549
140
418
57
162
1,573
315
98
136
986
40,483
4,181
2,131
20,421
651
-
74,301
5,014
-
5,014
75,123
80,137
154,438		 Income /
Donations
460
-
2,297
-
-
100
-
-
-
1,400
-
-
240
-
-
-
4,497
13,191
13,191
95,793
108,984
113,481
Income /
Donations
100
-
2,701
-
-
-
-
-
100
100
-
-
120
22,352
-
-
25,473
13,581
-
13,581
80,951
94,532
120,005		 Dividends /
Interest
-
-
-
36
-
-
-
-
-
-
232
-
5
-
-
-
273
-
-
3,116
3,116
3,389
Dividends /
Interest
-
-
-
36
-
-
-
-
-
-
228
-
4
-
-
-
268
-
-
-
1,674
1,674
1,942		 Costs /
Transfers
(802)
-
(1,895)
-
-
(620)
-
-
-
-
-
(600)
-
(6,782)
-
-
(10,699)
(16,156)
(16,156)
(107,189)
(123,345)
(134,044)
Costs /
Transfers
(210)
-
(2,701)
-
-
(374)
-
(39)
(63)
(3,510)
-
(100)
-
(6,183)
-
(340)
(13,520)
(12,015)
-
(12,015)
(105,765)
(117,780)
(131,300)		 Balance at
31/ 12/ 2024
2,097
140
820
129
162
678
315
59
173
(1,025)
40,943
3,481
2,500
29,807
651
(340)
80,590
3,616
3,616
43,703
47,319
127,909
Balance at
31/ 12/ 2023
2,439
140
418
93
162
1,199
315
59
173
(2,424)
40,711
4,081
2,255
36,590
651
(340)
86,522
6,580
-
6,580
51,983
58,563
145,085

23

C2 General

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

9 FUND DETAILS

(continued)

FUND DESCRIPTIONS

Fund Name Type Purpose & Restrictions
General Unrestricted General Fund for PCC
Church Hall Unrestricted Designated Fund for Church Hall Maintenance
Tower Restricted For provision of work to maintain the Tower and Bells.
Robes & Vestment Restricted For the provision of Robes and Vestments
Missions Restricted Funds which have been raised by Missions Committee for causes outside St. Marys
Churchyard Restricted For the upkeep of the Churchyard and monuments within the churchyard
Choir Scholarships Restricted For the provision of Choir Scholarships
Community Sponsorship Restricted To support the community sponsorship programme
Remembrance Restricted For the provision of updating and maintaining the Book of Remembrance and other memorials
Youth Restricted For the provision of Youth based work at St. Marys
Sustainability Restricted For promoting and implementing changes to support the environment
Audiovisual System Restricted Funds collected via Fees for the upkeep of the Audiovisual System
Fabric Restricted Funds for the provision of the upkeep of the Fabric of St. Marys
Youth Worker (Restricted) Restricted Funds which are collected specifically to support the joint Baldock Youth Worker.
Organ Restricted For the upkeep of the Organ
Nave & Chancel Roof Restricted For the renovation of the Nave and Chancel roof
Endowments Restricted Investments enabled by specific bequests in previous years
Disabled Access Restricted For the provision and maintenance of facilities to enable access to the church and hall by disabled visitors

10 CAPITAL COMMITMENTS

At 31st December 2024 the PCC had no capital commitments.

24

C2 General

Independent examlner's reporl lo Ihe PCC ol lh¢ Ec¢l¢siastl¢al Parlsh of Si Mary the Wirqin. Baldock I ￿tKIr. to thp. PCC ny eY.aminatioii cf tlG' atrJJiJnts of ErxJtswa8tikn?r I Pai'ir4i ￿ Si MArv Théh Vlrgln. RAld-idr lih& C.hiift41l fw Il)6v. yÈ44r pncll 11 r￿.￿￿￿.1￿￿￿ ?n?.I Responsibilities and basis of report As tlie PCC (>f thL. CliiJrLII iiiiu r)n) lt rhp. Q.hArfft• Ae.t 2n11 Itrhp. Aet'i. I féKM)rt iii rèspécl of InJ' gxA'nii)Ati(y) ()[ Church's an 14515k"b i jf the Acl. Independent examlner's Stat￿ren1 I lluve wrnpleted rriy eyAininL11ion. I confi.Th that no rnaier ￿ matier¥ rorre to rny attention iii o)Meckicn ibilh Ihe exaft1nat￿r. j￿ina me cause to beh.eve triat in any n)aterul fUSFC..Ct'. 1. ae£ttiJnts'ry riwds Werè iiix in ot th8 Chixth as raquirÉ￿ by s9(1￿￿ 130 of Ihe Act: or 2. lh8 ar£ount% do not accL>rc. ¥4ilh rpKo(d6' J. ljie LI￿lIril5. dL) iIL)t Luiriply willi tlie reuL'ireiiJeiiLs bJrI￿￿lI1I& Jie ivrir) drxl content of L1CC￿ftts set OLIt in the Ctriities AccoLints Jnd Rportsl RegJliL t)ns 2008 other than any roquiromoi)I tl)at tho accoun-.s givo a 'truc and fair which is r•)t a ni4lor ¢M£i￿r0d as ol ￿ •NI8pwKlwil 6x81r#￿tIJ￿. I liave rKJ lX)r￿eNl5 ynd ha'￿ CLne aue5S no other natters iri ￿nr￿C￿lI ¥iiilli the examination to vihith attention slK>ukl bc dravm in rcpcrt in order to enable a prop undérÉtsiiding of th& acccunts 10 b& Gtstsff Ik43nn I Dve HrJ.1se H￿h,•.￿rth Avenue Cambrklge 25 C2 General