REGISTERED CHARITY NUMBER: 1133106
Report of the Trustees and
Unaudited Financial Statements
for the Year Ended 31 December 2024
for The PCC of the Ecclesiastical Parish of Bunbury
The PCC of the Ecclesiastical Parish of Bunbury
Contents of the Financial Statements for the year ended 31 December 2024
| Page | |||
|---|---|---|---|
| Report of the Trustees | 1 | to | 7 |
| Independent Examiner's Report | 8 | ||
| Statement of Financial Activities | 9 | ||
| Balance Sheet | 10 | ||
| Notes to the Financial Statements | 11 | to | 19 |
| Detailed Statement of Financial Activities | 20 | to | 21 |
The PCC of the Ecclesiastical Parish of Bunbury
Report of the Trustees for the year ended 31 December 2024
The trustees present their report with the financial statements of the charity for the year ended 31 December 2024. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
OBJECTIVES AND ACTIVITIES
Bunbury PCC has the responsibility of co-operating with the incumbent in promoting in the ecclesiastical parish the whole mission of the Church: pastoral, evangelistic, social and ecumenical. In deciding what activities to undertake, the PCC has paid due regard to the guidance of the Charity Commission concerning public benefit.
Our vision is to be: "A parish church at the heart of our communities, seeing God's heart in everyone."
In this respect our goals are:
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The discerning and developing of everyone's different gifts and talents, so we can all play our part in the life and worship of our churches and chapels;
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Growing our church family across all generations, so God's love can be seen and shared by all in our communities; and
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Wise stewardship of our buildings and finances, so they are fit for purpose for our generation and the next.
This is a shared mission and ministry, and the Vicar, Wardens and PCC are extremely grateful to all who serve in their own way to enable us to carry out our mission to see God’s kingdom come in Bunbury and beyond.
ACHIEVEMENT AND PERFORMANCE
At St Boniface, being a parish church for all our community, we try to offer a wide variety of worship services from traditional BCP Communion services and Evensong to more contemporary cafe style Brunch services and Forest Church. We are very grateful to our ministry team, lay and ordained, who lead our worship, as well as our organists, choir and musicians who contribute so richly and faithfully. We are also blessed with a good number of volunteers who support these services by being on a rota for coffee or refreshments, welcoming or setting up, and regular cleaning. A big thank you to you all.
Special thanks too go to Revd. Mike Rogers who for the last 6 and a half years has led a group in contemplative prayer each month. Prayer is the most natural thing in the world, like breathing, and yet we do make it difficult for ourselves! It's a wonderful thing to sit still and do nothing and listen to God's nudging. Thank you Mike for sharing this exercise and gift with a wider group.
A new group which formed in 2024 was the St Boniface Pub Crawl - a men's group who meet every month in a different pub to discuss some of the big issues of life over a pint. We have been really encouraged by the support for this initiative with over 20 men attending the various sessions and we are very grateful to the local landlords for their hospitality.
Our more traditional Lent Series was shaped by the beautiful Rowan William's book 'Being Disciples' - essentials of the Christian life - with the simple aim: to help us to see more clearly, love more dearly, and follow more nearly the way of Jesus Christ. And we were delighted with the numbers who attended our Holy Week and Easter services.
During the spring and summer months we had a number of special visitors to Forest Church: Bishop Julie in May and then the Archbishop of York in June. There were over 25 local families around 8 fires toasting marshmallows with the Archbishop - something he enjoyed very much. We are very proud that this initiative has received wider recognition and we are very grateful to Beth, Rose and Poppy for continuing to provide a new way of worshiping God in the natural environment of our ancient churchyard.
Re. the environment, we were delighted to build on some of the work we have been doing to become good stewards of our environment by being awarded a Silver certificate by Eco Church. Special thanks to Jeremy Shears for taking a lead on this with the support of our young people, as well as Jasper and Kay Carson for enhancing the churchyard by creating 'wilding' areas with the support and advice of the charity - Caring for God's Acre.
In the autumn it was good for St Boniface to host a number of special services for Safeguarding Sunday and Mental Health Sunday as well as our traditional services for Harvest, Remembrance Sunday and All Souls.
The biggest service of the year and most extraordinary funeral took place on All Saints Day for our beloved church warden Si Lees Jones. There were over 1000 mourners across the 3 sites: St Boniface, the Yew Tree and the family brewery in Manchester. Si would have been so proud of his beautiful family who curated a fitting send off for a very special gentleman whose simple and generous faith was an inspiration to us all.
Finally Advent and Christmas services went well with very good attendances for our Carol Service - special thanks to Tom Crotty, Marcus Williams and John Mason - and Crib Service. Both these services are great examples of how St Boniface continues to share the good news of God's love in engaging and creative ways.
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The PCC of the Ecclesiastical Parish of Bunbury
Report of the Trustees for the year ended 31 December 2024
FINANCIAL REVIEW
Financial position
We are very grateful for the regular giving and related gift aid income that we have seen this financial year. We have seen an increase in fund raising activities compared to the 2023 financial year and hope to continue on this trajectory in the coming year. Our investments have held their value in the unpredictable economic climate and we continue to monitor the risk level. Following a surplus of £24,176 in the previous year and additional income in the current year, the opportunity was taken to complete additional structural repairs and church maintenance which, along with increased staff costs in the current climate and missionary giving, resulted in a net deficit of £2,430 for the year.
As noted in previous years, we continue to review the high level of restricted funds and how they may be utilised to support improvements to the fabric of the building and other matters that will enhance out mission.
Our financial goals remain as in previous years to match our regular income with day to day running costs.
Unrestricted funds - Our total income on unrestricted funds has increased to £172k in 2024 from £123k in 2023. Our expenditure on unrestricted funds has increased to £161k in 2024 from £133k in 2023 which is mainly due to the costs of continued work done as required by the quinquennial inspection on both church buildings and to maintain the functioning of the church. The PCC has continued the policy of 10% of giving being allocated to charitable giving. Support continues to be given to one international charity, one national charity and one local charity on a three-year rolling basis.
Calveley Chapel - the accounts for Calveley Chapel are consolidated within these accounts and are treated as a designated fund. There was income of £38k in the year and expenditure of £3k incurred.
Other designated funds - The Youth Club made a surplus of £545.
Restricted Funds - the major movements in restricted funds relate to the youth worker, Challinor Fund and Churchyard fund. The fund for the youth worker showed a deficit of £4k during the year (2023 - c£1k deficit). The Challinor Fund and Churchyard Fund continue to be used to support fabric projects and some parish administration costs.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The PCC is a body corporate (PCC Powers Measure 1956, Church Representation Rules 2022) and is a registered charity governed in accordance with charity and ecclesiastical law.
Appointment of PCC Members
The method of appointment of PCC members is set out in the Church Representation Rules 2022. All Church attendees are encouraged to register on the Electoral Roll and stand for election to the PCC. The number registered on the electoral roll (which was renewed in 2019) has stayed at around the 100 mark for the duration of the reporting period.
The PCC
The PCC met 7 times during the calendar year and all the meetings were held "in-person". The standing committee and a number of sub-committees met between meetings, and minutes or oral reports of their deliberations were received by the full PCC and discussed where necessary.
Health and Safety
The PCC regards maintaining the Health & Safety of all people who visit, worship in or work at St Boniface to be very important. To this end Health & Safety matters continue to be discussed and reviewed at every PCC meeting. We continue to assess the risks associated with our activities and seek to minimise them. We also undertake regular inspections of the church premises and the churchyard to ensure no obvious hazards are present. Moreover, our Fabric Committee ensures all areas are well maintained. When an accident or incident is reported, we investigate the causes to identify learnings and we discuss the outcomes at the PCC. We ensure learnings are extracted and are incorporated into our working practises.
This year we were adversely affected, like some many across the country, by Storm Darragh which raged on the Friday 6th and Saturday 7th of December. Unfortunately, one of the pinnacles from the top of St Boniface Church was dislodged in the storm and fell to the ground. Fortunately, no one was injured, but the decision was regretfully taken to postpone the Decibellas concert on the Saturday evening to avoid the risk of future injury as the storm continued to rage. In the event, electrical power was lost to the Church for a few days. Some parts of the village, including the Vicarage, were without power for much of the week.
Data Privacy
The PCC is committed to protecting and respecting your privacy. The processing of personal data is governed by the General Data Protection Regulation (the "GDPR"). Our systems are GDPR compliant and our Data Privacy Notice is available at https://www.stbonifacebunbury.org/newprivacypolicy
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The PCC of the Ecclesiastical Parish of Bunbury
Report of the Trustees for the year ended 31 December 2024
REFERENCE AND ADMINISTRATIVE DETAILS
The parish church of Bunbury is St Boniface which is situated between Vicarage Lane and Bowes Gate Lane in Bunbury. The daughter church, Calveley Chapel, is situated in Calveley. The parish itself is part of the Diocese of Chester within the Church of England. The correspondence address is The New Vicarage, Vicarage Lane, Bunbury, Tarporley CW6 9PE.
The Parochial Church Council of the Ecclesiastical Parish of Bunbury ("Bunbury PCC") is a body corporate (PCC Powers Measure 1956, Church Representation Rules 2022) and is registered as a charity with the Charity Commission, number 1133106. It is governed in accordance with charity and ecclesiastical law.
PCC members who served from 1 January 2024 until the date this report was approved by the PCC are:
| Incumbent: | Tim Hayward | Chair |
|---|---|---|
| Churchwardens: | Simon Lees-Jones | (until October 2024) |
| Sean Augustin-Wood* | ||
| Elected Reps on the Deanery Synod: | 2 vacancies | |
| Elected PCC members: | Gill Arnold | |
| Pat Blackwood | ||
| Elaine Crotty | Vice-Chair | |
| David Cox | ||
| Anne James | ||
| Astrid Logan | (from May 2024) | |
| John Mason** | Secretary | |
| Lucy Munro | ||
| Mike Ridley | ||
| Jeremy Shears | Electoral Role Officer | |
| Colin Stanyer | ||
| Yvonne Wood | Treasurer | |
| Other ex officio: | David Kendrick | Diocesan Synod member (to August 2024) |
| Amber Middlemiss | Licensed Pastoral Worker | |
| Claire Wilson | Licensed Assistant Minister | |
| Co-opted | Katie Everton | (from November 2024) |
| Elsa Williams | (from November 2024) |
- Also an ex officio member by virtue of being an elected representative on Deanery Synod.
** Also an ex officio member by virtue of being a member of General Synod.
SAFEGUARDING
Overview
The PCC has complied with its duty to have due regard to the House of Bishops' guidance on safeguarding children and vulnerable adults. The approach to our safeguarding is: "The care and protection of children, young people and vulnerable adults involved in Church activities is the responsibility of the whole Church. Everyone who participates in the life of the Church has a role to play in promoting a Safer Church for all".
Using this approach, St Boniface is committed to implementing the Church of England's Safeguarding Policy for children, young people, and adults, "Promoting a Safer Church", and to demonstrating its compliance with that policy. On Sunday 17 November, Rev Tim Hayward led the Safeguarding Sunday service as part of the National Safeguarding Sunday initiative to update the church on the work St Boniface is doing to ensure that those involved in the life of the church are kept safe.
The PCC considers safeguarding at all its meetings. There were no cases or attendance agreements being managed at the end of the reporting period.
Parish Safeguarding Officer
Kay Carson is the appointed Parish Safeguarding Officer. The team of safeguarding advocates continue working alongside the PSO to provide feedback on the conduct of church activities and to be available to support vulnerable members of the congregation if they request it: Becky White is the safeguarding advocate for children and young people, Jen Yates is the safeguarding advocate for women, and Colin Stanyer is the safeguarding advocate for adults.
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The PCC of the Ecclesiastical Parish of Bunbury
Report of the Trustees for the year ended 31 December 2024
SAFEGUARDING
Introduction of the Diocesan Safeguarding Dashboard
With the support of the PCC and the team of parish volunteers, the PSO has worked to implement the best practice guidance provided by the Diocesan Safeguarding Dashboard.
Going beyond carrying out appropriate DBS checks for all those who qualify for it and encouraging volunteers to complete the Church of England's safeguarding training, the dashboard provides guidance on the safe conduct of church activities (lunch and youth clubs, and young people's services and discussion groups), safer volunteer recruitment and ongoing volunteer management. In practice this has meant a team-wide review of risk assessments and risk management for church activities, and a consistent and documented approach to volunteer recruitment and ongoing management support.
All those in regulated activity with children and vulnerable adults now have had DBS checks done and have completed the necessary safeguarding training.
The purpose of these changes is to ensure that vulnerable and church volunteers are protected to the best of the PCC's ability. The PCC recognises and appreciates the special contribution that the activity leaders have made to this years' safeguarding improvements: Pat Blackwood, Amber Middlemiss, Jen Yates and, especially, our Youth Worker, Beth Hayward.
The PCC is also very grateful for the support and hard work of every one of the many church volunteers who have supported the PSO as it continued its safeguarding journey throughout the year.
Communication
All visual safeguarding communications on the church notice boards have been reviewed and updated. St Boniface's website also carries a copy of the PCC's safeguarding policy and contact details for organisations which offer support for victims and perpetrators of abuse, including the Diocese Safeguarding team.
Social Media
An image log has been created so that all original images of children, teenagers and vulnerable individuals used on social media are logged and saved on an encrypted memory stick and on the church's secure Google Workspace since its introduction in 2023. Image permission forms have been signed by all parents/guardians of children under 16 years old.
Training
A review of the safeguarding training status of all individuals involved in serving and working for the church has been completed and requests for updates in training, where needed, have been made by the Parish Safeguarding Officer.
YOUTHWORK
Forest Church
Forest Church continues to thrive, with a strong and committed community attending regularly. Regardless of the weather, sessions go ahead, providing a dedicated time to reflect on nature and its teachings about God.
A highlight this year was the visit from the Archbishop of York, who came to see Forest Church as part of his mission to the Chester Diocese. We were also honoured to welcome Bishop Julie, alongside several visitors interested in establishing Forest Church within their own churches. It's exciting to see this approach to worship inspiring others beyond our community. Additionally, I lead a Forest Church session every half term at Bunbury School, further expanding our engagement with young people.
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The PCC of the Ecclesiastical Parish of Bunbury
Report of the Trustees for the year ended 31 December 2024
YOUTHWORK
Living Out Loud
Our youth band, Living Out Loud, has grown both in numbers and ability. High-energy rehearsals are always fun and we have recently welcomed a new 8-year-old electric guitar player, who has brought a fresh energy to the group.
One of the most encouraging aspects of the band this year has been the support and mentorship shown by our 13-year-old guitarist, who has been instrumental in helping the younger player grow in confidence. Whether it's guiding them through chord changes or offering encouragement, this peer-to-peer support has been inspiring to watch and has strengthened the bond within the group.
.
Pop-Up choir
Four members of Living Out Loud also take a leadership role in our Pop-Up Choir, which meets on Wednesday afternoons at Bunbury School. This choir performs at key services throughout the year, bringing joy and energy to worship.
Drama for brunch
Each month, a small group of enthusiastic young actors performs a comedy drama that connects to the theme of our brunch service. The group includes children aged 7 to 16, and this initiative has been a fantastic way to build confidence and encourage active participation in our services.
Pantomime
This year's pantomime, Robin Hood, was a tremendous success, with sell-out audiences. We were especially delighted to welcome Bishop Mark and staff from Church House, who came to watch and support our young performers. The talent and enthusiasm of the cast shone through, and we are incredibly proud of their achievements.
Youth Club
Our Youth Club remains highly popular, providing a welcoming space for young people to engage, socialise, and grow in confidence. A highlight of the year was our away weekend at Winmarleigh Hall, where the teenagers took part in team-building and confidence-boosting activities. The trip was a fantastic success, giving them the opportunity to step out of their comfort zones, strengthen friendships, and develop leadership skills. We are also fortunate to have three Duke of Edinburgh (DofE) students who have taken on leadership roles within the club, helping to organise and run activities.
ALIVE
It has been a very busy year for ALIVE. Numbers coming to the Tuesday lunch club has grown steadily, we have 25 regulars and more coming along each week. The warm hub, which began again on the 1st November, has seen 400 people taking advantage of the offer of a free tea or coffee, which to date has cost £1,000. The strength and Balance exercise class, held in the Bunbury practice, saw so many signing up that we now hold two classes each Thursday. A trainer from Instinct gym takes us through our paces.
In June we enjoyed a trip to the British Ironworks in Oswestry. A walk around the large site to see the impressive sculptures was followed by a lovely lunch. We made two visits to Bridgemere garden centre, always very popular. The Go To bus is loaded with many full shopping bags on our return.
Pat Blackwood's idea of a penpal scheme between our group of elderly and year six at Aldersley school has been an overwhelming success. We were invited to meet our young penpals. As the children were learning about World War Two it was a unique opportunity for our group to share their memories before this social history is lost for ever. We also joined the school for their remembrance service, very moving. The children raised funds and organised a Christmas lunch for us at the school, followed by the early years children and year six singing Christmas carols. We held our usual Christmas dinner and the exercise group now have a Christmas lunch too.
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The PCC of the Ecclesiastical Parish of Bunbury
Report of the Trustees for the year ended 31 December 2024
ALIVE
ALIVE has received a grant of £1,500, which has meant that we can continue to support the warm hub, even more necessary this year as the winter fuel allowance has been discontinued. I had been asked by Cheshire East NHS service to complete a survey which looked at the number of contacts
ALIVE has had with Bunbury villagers during October to the end of December. Astonishingly this amounted to 725. Proof that ALIVE IS alleviating loneliness!
CALVELEY
Having been established as a Chapel over 180 years ago, by the tenant of the now demolished Calveley Hall, Calveley Chapel today provides an opportunity for traditional worship in a beautiful unique rural and historic setting as well as providing an excellent venue throughout the year for baptisms and smaller, more intimate, weddings. It is also a venue for various regular community meetings.
Our regular service takes place on the second Sunday of each month at 11.30am with additional celebratory services at Easter, Harvest and Christmas. In 2024 we saw a lovely wedding service in our beautiful rural setting and in early 2025 we had a record breaking baptism of 6 members of the same family - a wonderful time was had by us all.
Bellringing Report: 2024
The church continues to have an active and enthusiastic band of 15 bell ringers across a wide range of ages and ringing experience.
We ring for Sunday services whenever we have a band available, which in the past year has been for over 95% of services. We practice every Thursday evening and provided bells for weddings/blessings, and occasionally for funerals when requested. We also participate in national ringing events, such as during 2024 the D-Day Anniversary Commemoration in June. We continue to train new ringers, many of whom have subsequently achieved the skill level to be elected as members of the Chester Diocesan Guild of Church Bell Ringers.
The ringers are active in other tower related areas. They are responsible for looking after the church clock and manage the raising of the tower flag for flag days such as St George's Day and Remembrance Sunday. During 2024 we trained several of our ringers on the clock, flag, and bell maintenance so we can now manage these in the absence of our Tower Captain. During 2024 the ringers also held a successful fundraising Quiz towards the required refurbishment of the clockface.
During 2024 David Riley completed a Leadership Safeguarding course as required by the Diocese for Bellringing Tower Captain positions.
| Bells & Ropes | > All in good state of repair |
|---|---|
| > Serviced annually by Taylors Bell Engineers | |
| > Tower Captain: David Riley | |
| Ringers | > 15 Regular Ringers |
| > 1 current learner | |
| > Tower Captain: David Riley | |
| Practices | > Regular Thursday practices (7.30pm to 9.00pm) |
| Service Ringing | > Regular Sunday service ringing |
| Other Ringing | > Weddings |
| - 2023: rang for 9 weddings | |
| - 2024: rang for 12 weddings/blessings | |
| - 2025: Fewer weddings booked requesting bells (currently 4) | |
| > Funerals | |
| - Barbara Croley: April 2024 | |
| - Si Lees-Jones: November 2024 | |
| > National Ringing | |
| - Rang to commemorate the D-Day Anniversary in June 2024 | |
| Other Events | > Annual ringers dinner held January 2025 |
| > New Year's Eve ringing 31 Dec 2024 | |
| > Open Tower Event planned for 2025 to raise further funds towards refurbishment of the tower | |
| clock face, as recommended by the architect as part of the 2023 Quinquennial Report |
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The PCC of the Ecclesiastical Parish of Bunbury
Report of the Trustees for the year ended 31 December 2024
CHURCH FABRIC
The Church Fabric Committee oversees the improvements and repairs to the church buildings and facilities. It reports and makes recommendations to the PCC.
The new free-standing oak servery unit was delivered in February 25 and is located outside the current small kitchen with a Welsh slate work surface. It will contain an electrical warming cabinet. This is designed to enhance the area outside the kitchen. Work will now start to update the plans for the new kitchen and extra WC. A faculty will be required from the diocese.
The work to repair the chancel floor, following the underground water leak, using metal heating grills and handmade tiles was completed in January 25.
The repair work outlined in the September 23 quinquinnial report for St Boniface has been complete including the gravelled border area alongside the North path.
The PCC has accepted a feasibility report advising that installation of solar panels on the South aisle nave roof would be viable. Work has commenced to create detail drawings required to obtain Diocese of Chester and Cheshire East approval. The panels will not be visible from the ground or any neighbouring properties.
During the December storm Darragh the west end pinnacle on the aisle roof came down. Plans have been prepared for its repair. A loss adjuster has been appointed.
Permission has been sought from the Diocese to repair the failing stained glass windows at Calveley Chaple.
The high-level sodium light bulbs have been replaced by energy efficient LED bulbs.
Approved by order of the board of trustees on ............................................. and signed on its behalf by:
.............................................................................. Trustee
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Independent Examiner's Report to the Trustees of The PCC of the Ecclesiastical Parish of Bunbury
Independent examiner's report to the trustees of The PCC of the Ecclesiastical Parish of Bunbury
I report to the charity trustees on my examination of the accounts of The PCC of the Ecclesiastical Parish of Bunbury (the Trust) for the year ended 31 December 2024.
Responsibilities and basis of report
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act.
Independent examiner's statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
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accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or
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the accounts do not accord with those records; or
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the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Mrs Sally Scott
Date: .............................................
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The PCC of the Ecclesiastical Parish of Bunbury
Statement of Financial Activities for the year ended 31 December 2024
| Unrestricted Restricted Endowment funds funds fund Notes £ £ £ INCOME AND ENDOWMENTS FROM Donations and legacies 114,226 13,577 - Charitable activities Charitable activities 26,580 - - Other trading activities 2 22,141 2,150 - Investment income 3 9,441 3,223 - Total 172,388 18,950 - EXPENDITURE ON Raising funds 2,680 51 - Charitable activities Charitable activities 148,466 44,189 - Other 9,580 299 - Total 160,726 44,539 - Net gains on investments 3,063 6,784 1,650 NET INCOME/(EXPENDITURE) 14,725 (18,805) 1,650 Transfers between funds 11 500 (500) - Net movement in funds 15,225 (19,305) 1,650 RECONCILIATION OF FUNDS Total funds brought forward 123,020 327,367 72,088 TOTAL FUNDS CARRIED FORWARD 138,245 308,062 73,738 |
2024 Total funds £ 127,803 26,580 24,291 12,664 191,338 2,731 192,655 9,879 205,265 11,497 (2,430) - (2.430) 522,475 520,045 |
2023 Total funds £ 89,393 20,437 19,262 9,717 |
|---|---|---|
| 138,809 | ||
| 2,048 152,700 6,143 |
||
| 160,891 | ||
| 46,258 | ||
| 24,176 - |
||
| 24,176 498,299 |
||
| 522,475 |
The notes form part of these financial statements
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5
The PCC of the Ecclesiastical Parish of Bunbury
Balance Sheet 31 December 2024
| Unrestricted funds Notes £ FIXED ASSETS Tangible assets 7 3,429 Investments 8 114,113 117,542 CURRENT ASSETS Debtors 9 23,064 Cash at bank and in hand 10,394 33,458 CREDITORS Amounts falling due within one year 10 (12,755) NET CURRENT ASSETS 20,703 TOTAL ASSETS LESS CURRENT LIABILITIES 138,245 NET ASSETS 138,245 FUNDS 11 Unrestricted funds Restricted funds Endowment funds TOTAL FUNDS |
Restricted Endowment funds fund £ £ 18,185 - 252,714 73,738 270,899 73,738 1,333 - 36,771 - 38,104 - (941) - 37,163 - 308,062 73,738 308,062 73,738 |
2024 Total funds £ 21,614 440,565 462,179 24,397 47,165 71,562 (13,696) 57,866 520,045 520,045 138,245 308,062 73,738 520,045 |
2023 Total funds £ 26,408 479,058 505,466 7,219 40,554 47,773 (30,764) 17,009 522,475 522,475 123,020 327,367 72,088 522,475 |
|---|---|---|---|
The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by:
............................................. Trustee
The notes form part of these financial statements
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The PCC of the Ecclesiastical Parish of Bunbury
Notes to the Financial Statements for the year ended 31 December 2024
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements have been prepared in accordance with the Church Accounting Regulations 2006 together with applicable accounting standards and the FRS 102 SORP.
The financial statements have been prepared under the historical cost convention except for the valuation of investment assets, which are shown at market value. The financial statements include all transactions, assets and liabilities for which the PCC is responsible under 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. Also excluded are transactions where the PCC acts solely as a collection agent for another party (such as collections where it has been determined that all or a specified proportion will be passed on to a named charity).
Incoming resources
Planned giving, collections and donations are recognized when received. Tax refunds are recognized when the incoming resource to which they relate is received. Grants and legacies are accounted for when received rather than when the PCC is legally entitled to the amounts due. Exceptionally, grants may be recognised earlier when they are deemed certain and relate to expenditure that occured in the financial period. Dividends are accounted for when receivable, and interest is accounted for when received. All other income is recognized when it is receivable. All incoming resources are accounted for gross.
Resources expended
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 parish share is accounted for when due. All other expenditure is generally recognized when it is incurred and is accounted for gross.
Fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Consecrated and benefice property is not included in the accounts in accordance with s.96(2)(a) of the Charities Act 1993. Calveley Chapel is treated as having zero book value reflecting its perceived market value as affected by the restrictive covenants associated with it.
Movable 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).
Equipment used within the church premises or for church purposes outside of the building is depreciated on a straight-line basis over four years. Individual items of equipment with a purchase price of £1,000 or less (£500 prior to 2011) are written off when the asset is acquired, although at their discretion the Trustees may reduce this threshold to £500 in the case of items that are clearly of long-term value and capital in nature.
Investments are valued at market value at 31 December.
Taxation
The charity is exempt from tax on its charitable activities.
Funds
Endowment funds are funds, the capital of which must be maintained; only income arising from investment of the endowment may be used either as restricted or unrestricted funds depending upon the purpose for which the endowment was established.
Restricted funds represent (a) income from trusts or endowments which may be expended only on those restricted objects provided in the terms of the trust or bequest, and (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 each fund. Where there is no separate investment, interest is apportioned to individual funds on an average balance basis.
Unrestricted Funds are general funds which can be used for PCC ordinary purposes. On occasions the PCC may designate part of the unrestricted funds for a particular purpose. Although these designated funds are thereby ear-marked for that purpose they still form a part of the unrestricted funds of the PCC and may still be used for PCC ordinary purposes.
continued...
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The PCC of the Ecclesiastical Parish of Bunbury
Notes to the Financial Statements - continued for the year ended 31 December 2024
2. OTHER TRADING ACTIVITIES
| Fund-raising Advertising Lettings 3. INVESTMENT INCOME Dividends and interest Other investment income Interest from cash on deposit |
2024 £ 16,647 5,706 1,938 24,291 2024 £ 11,023 250 1,391 12,664 |
2023 £ 11,801 6,131 1,330 |
|---|---|---|
| 19,262 | ||
| 2023 £ 7,452 650 1,615 |
||
| 9,717 |
4. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 December 2024 nor for the year ended 31 December 2023.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 December 2024 nor for the year ended 31 December 2023.
5. STAFF COSTS
A part-time Administrator was employed during the reporting period. Some of her time was spent supporting the Vicar in his role as Rural Dean. A part-time youth worker was employed throughout the year.
PAYMENTS TO PCC MEMBERS
A small immaterial portion of the expenses paid to the incumbent may have related to services as Chair of the PCC. No other payments or trustee expenses were paid to any other PCC member, persons closely connected to them or related parties.
6. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
| Unrestricted Restricted Endowment funds funds fund £ £ £ INCOME AND ENDOWMENTS FROM Donations and legacies 76,612 12,781 - Charitable activities Charitable activities 20,437 - - Other trading activities 19,262 - - Investment income 7,078 2,639 - Total 123,389 15,420 - EXPENDITURE ON Raising funds 2,048 - - Charitable activities Charitable activities 125,204 27,496 - Other 5,940 203 - Total 133,192 27,699 - |
Total funds £ 89,393 20,437 19,262 9,717 |
|---|---|
| 138,809 | |
| 2,048 152,700 6,143 |
|
| 160,891 |
continued...
Page 12
The PCC of the Ecclesiastical Parish of Bunbury
Notes to the Financial Statements - continued for the year ended 31 December 2024
6. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued
| Unrestricted Restricted Endowment funds funds fund £ £ £ Net gains on investments 10,570 29,736 5,952 NET INCOME 767 17,457 5,952 RECONCILIATION OF FUNDS Total funds brought forward 122,253 309,910 66,136 TOTAL FUNDS CARRIED FORWARD 123,020 327,367 72,088 |
Total funds £ |
|---|---|
| 46,258 | |
| 24,176 498,299 |
|
| 522,475 |
7.
TANGIBLE FIXED ASSETS
| TANGIBLE FIXED ASSETS | |
|---|---|
| Fixtures | |
| and | |
| fittings | |
| £ | |
| COST | |
| At 1 January 2024 | 28,576 |
| Additions | 1,952 |
| At 31 December 2024 | 30,528 |
| DEPRECIATION | |
| At 1 January 2024 | 2,168 |
| Charge for year | 6,746 |
| At 31 December 2024 | 8,914 |
| NET BOOK VALUE | |
| At 31 December 2024 | 21,614 |
| At 31 December 2023 | 26,408 |
8. FIXED ASSET INVESTMENTS
The fixed asset investments are generally invested in the CBF Investment Fund. There is one endowment fund held by Chester DBF on behalf of Bunbury PCC. Funds.
| Market value b/f 1 January Disposals Reclassifications Revaluation gain/(loss) Market value at 31 December |
Unrestric t ed Funds £ 4,873 (4,873) - - - |
Designated Funds £ 113,251 (202) (2,000) 3,064 114,113 |
Restricted Funds £ 288,846 (44,917) 2,000 6,785 252,714 |
Endowment Funds £ 72,088 - - 1,650 73,738 |
Total Funds 2024 £ 479,058 (49,992) - 11,499 440,565 |
2023 £ 432,800 - - 46,258 |
|---|---|---|---|---|---|---|
| 479,058 |
continued...
Page 13
The PCC of the Ecclesiastical Parish of Bunbury
Notes to the Financial Statements - continued for the year ended 31 December 2024
9. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
| 2024 £ Trade debtors 103 Other debtors 11,282 Tax 13,012 24,397 10. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 £ Trade creditors 8,572 Taxation and social security 456 Other creditors 4,668 13,696 11. MOVEMENT IN FUNDS Net Transfers movement between At 1.1.24 in funds funds £ £ £ Unrestricted funds General fund 2,720 231 (2,750) Church fabric (Fete) 82,634 (21,289) - Ear-marked for charitable giving 1,469 (1,469) - Calveley (designated) 33,832 36,663 2,750 Curate support (legacy) 1,600 44 - Youth club (designated) 765 545 500 123,020 14,725 500 Restricted funds Churchyard 15,732 (9,460) 4,324 Choir 3,663 30 - Kitchen 1,471 - - Challinor 228,559 (5,227) - Bells 2,466 1,135 - Organ 29,637 995 - Flowers 2,710 (2,710) - Church steps 4,324 - (4,324) Friday at Tillys 4,269 - (4,269) Youth worker 32,548 (4,269) - Alive 238 701 4,269 Bunbury community 1,250 - - Youth Club 500 - (500) 327,367 (18,805) (500) Endowment funds Endowment 72,088 1,650 - TOTAL FUNDS 522,475 (2,430) - |
2023 £ 1,603 1,064 4,552 7,219 2023 £ 25,352 666 4,746 30,764 At 31.12.24 £ 201 61,345 - 73,245 1,644 1,810 138,245 10,596 3,693 1,471 222,443 3,601 30,632 - - - 26,430 5,208 1,250 - 308,062 73,738 520,045 |
|---|---|
continued...
Page 14
The PCC of the Ecclesiastical Parish of Bunbury
Notes to the Financial Statements - continued for the year ended 31 December 2024
11. MOVEMENT IN FUNDS - continued
Net movement in funds, included in the above are as follows:
| Incoming | Resources | Gains and | Movement | |
|---|---|---|---|---|
| resources | expended | losses | in funds | |
| £ | £ | £ | £ | |
| Unrestricted funds | ||||
| General fund | 119,894 | (119,663) | - | 231 |
| Church fabric (Fete) | 10,617 | (33,435) | 1,529 | (21,289) |
| Ear-marked for charitable giving | - | (1,469) | - | (1,469) |
| Calveley (designated) | 38,081 | (2,857) | 1,439 | 36,663 |
| Curate support (legacy) | - | - | 44 | 44 |
| Youth club (designated) | 3,796 | (3,302) | 51 | 545 |
| 172,388 | (160,726) | 3,063 | 14,725 | |
| Restricted funds | ||||
| Churchyard | 563 | (10,101) | 78 | (9,460) |
| Choir | 300 | (270) | - | 30 |
| Challinor | 893 | (11,239) | 5,119 | (5,227) |
| Bells | 1,941 | (890) | 84 | 1,135 |
| Organ | 231 | (1) | 765 | 995 |
| Flowers | - | (2,710) | - | (2,710) |
| Youth worker | 13,099 | (17,989) | 621 | (4,269) |
| Alive | 1,923 | (1,339) | 117 | 701 |
| 18,950 | (44,539) | 6,784 | (18,805) | |
| Endowment funds | ||||
| Endowment | - | - | 1,650 | 1,650 |
| TOTAL FUNDS | 191,338 | (205,265) | 11,497 | (2,430) |
continued...
Page 15
The PCC of the Ecclesiastical Parish of Bunbury
Notes to the Financial Statements - continued for the year ended 31 December 2024
11. MOVEMENT IN FUNDS - continued
Comparatives for movement in funds
| Unrestricted funds General fund Church fabric (Fete) Ear-marked for charitable giving Calveley (designated) Curate support (legacy) Youth club (designated) Restricted funds Churchyard Choir Kitchen Challinor Bells Organ Flowers Church steps Friday at Tillys Youth worker Alive Bunbury community Youth Club Endowment funds Endowment TOTAL FUNDS |
Net movement At 1.1.23 in funds £ £ 6,855 (4,135) 68,408 14,226 5,559 (4,090) 36,871 (3,039) 3,577 (1,977) 983 (218) 122,253 767 18,782 (3,050) 3,490 173 1,471 - 207,201 21,358 2,707 (241) 28,565 1,072 2,710 - 4,324 - 4,269 - 33,382 (834) 1,259 (1,021) 1,250 - 500 - 309,910 17,457 66,136 5,952 498,299 24,176 |
At 31.12.23 £ 2,720 82,634 1,469 33,832 1,600 765 |
|---|---|---|
| 123,020 15,732 3,663 1,471 228,559 2,466 29,637 2,710 4,324 4,269 32,548 238 1,250 500 |
||
| 327,367 72,088 |
||
| 522,475 |
continued...
Page 16
The PCC of the Ecclesiastical Parish of Bunbury
Notes to the Financial Statements - continued for the year ended 31 December 2024
11. MOVEMENT IN FUNDS - continued
Comparative net movement in funds, included in the above are as follows:
| Incoming | Resources | Gains and | Movement | |
|---|---|---|---|---|
| resources | expended | losses | in funds | |
| £ | £ | £ | £ | |
| Unrestricted funds | ||||
| General fund | 99,501 | (104,210) | 574 | (4,135) |
| Church fabric (Fete) | 9,685 | (1,845) | 6,386 | 14,226 |
| Ear-marked for charitable giving | - | (4,090) | - | (4,090) |
| Calveley (designated) | 12,263 | (18,223) | 2,921 | (3,039) |
| Curate support (legacy) | - | (2,666) | 689 | (1,977) |
| Youth club (designated) | 1,940 | (2,158) | - | (218) |
| 123,389 | (133,192) | 10,570 | 767 | |
| Restricted funds | ||||
| Churchyard | 500 | (3,926) | 376 | (3,050) |
| Choir | 300 | (127) | - | 173 |
| Challinor | 628 | (3,972) | 24,702 | 21,358 |
| Bells | 95 | (336) | - | (241) |
| Organ | 734 | (979) | 1,317 | 1,072 |
| Youth worker | 12,537 | (16,712) | 3,341 | (834) |
| Alive | 626 | (1,647) | - | (1,021) |
| 15,420 | (27,699) | 29,736 | 17,457 | |
| Endowment funds | ||||
| Endowment | - | - | 5,952 | 5,952 |
| TOTAL FUNDS | 138,809 | (160,891) | 46,258 | 24,176 |
continued...
Page 17
The PCC of the Ecclesiastical Parish of Bunbury
Notes to the Financial Statements - continued for the year ended 31 December 2024
11. MOVEMENT IN FUNDS - continued
A current year 12 months and prior year 12 months combined position is as follows:
| Unrestricted funds General fund Church fabric (Fete) Ear-marked for charitable giving Calveley (designated) Curate support (legacy) Youth club (designated) Restricted funds Churchyard Choir Kitchen Challinor Bells Organ Flowers Church steps Friday at Tillys Youth worker Alive Bunbury community Youth club Endowment funds Endowment TOTAL FUNDS |
Net Transfers movement between At 1.1.23 in funds funds £ £ £ 6,855 (3,904) (2,750) 68,408 (7,063) - 5,559 (5,559) - 36,871 33,624 2,750 3,577 (1,933) - 983 327 500 122,253 15,492 500 18,782 (12,510) 4,324 3,490 203 - 1,471 - - 207,201 16,131 - 2,707 894 - 28,565 2,067 - 2,710 (2,710) - 4,324 - (4,324) 4,269 - (4,269) 33,382 (5,103) - 1,259 (320) 4,269 1,250 - - 500 - (500) 309,910 (1,348) (500) 66,136 7,602 - 498,299 21,746 - |
At 31.12.24 £ 201 61,345 - 73,245 1,644 1,810 |
|---|---|---|
| 138,245 10,596 3,693 1,471 223,332 3,601 30,632 - - - 28,279 5,208 1,250 - |
||
| 308,062 73,738 |
||
| 520,045 |
continued...
Page 18
The PCC of the Ecclesiastical Parish of Bunbury
Notes to the Financial Statements - continued for the year ended 31 December 2024
11. MOVEMENT IN FUNDS - continued
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Incoming | Resources | Gains and | Movement | |
|---|---|---|---|---|
| resources | expended | losses | in funds | |
| £ | £ | £ | £ | |
| Unrestricted funds | ||||
| General fund | 219,395 | (223,873) | 574 | (3,904) |
| Church fabric (Fete) | 20,302 | (35,280) | 7,915 | (7,063) |
| Ear-marked for charitable giving | - | (5,559) | - | (5,559) |
| Calveley (designated) | 50,344 | (21,080) | 4,360 | 33,624 |
| Curate support (legacy) | - | (2,666) | 733 | (1,933) |
| Youth club (designated) | 5,736 | (5,460) | 51 | 327 |
| 295,777 | (293,918) | 13,633 | 15,492 | |
| Restricted funds | ||||
| Churchyard | 1,063 | (14,027) | 454 | (12,510) |
| Choir | 600 | (397) | - | 203 |
| Challinor | 1,521 | (15,211) | 29,821 | 16,131 |
| Bells | 2,036 | (1,226) | 84 | 894 |
| Organ | 965 | (980) | 2,082 | 2,067 |
| Flowers | - | (2,710) | - | (2,710) |
| Youth worker | 25,636 | (34,701) | 3,962 | (5,103) |
| Alive | 2,549 | (2,986) | 117 | (320) |
| 34,370 | (72,238) | 36,520 | (1,348) | |
| Endowment funds | ||||
| Endowment | - | - | 7,602 | 7,602 |
| TOTAL FUNDS | 330,147 | (366,156) | 57,755 | 21,746 |
12. RELATED PARTY DISCLOSURES
Beth Hayward wife of Revd Tim Hayward receives a salary of £17,761 (2023: £16,071) in her role as youth worker.
Page 19
The PCC of the Ecclesiastical Parish of Bunbury
Detailed Statement of Financial Activities for the year ended 31 December 2024
| INCOME AND ENDOWMENTS Donations and legacies Gift aid and donations Income tax recovered Other planned giving Collections Grants Donations Legacies Other trading activities Fund-raising Advertising Lettings Investment income Dividends and interest Other investment income Interest from cash on deposit Charitable activities Parochial fees Bellringer and organist fees Other fees Recharges Other income Total incoming resources EXPENDITURE Raising donations and legacies Costs of generating voluntary Charitable activities Assistant staff costs Salaries, honoraria and fees Missionary charitable giving Diocesan parish share Incumbent working expenses Vicarage costs Church running costs Church maintenance Upkeep of services Upkeep of churchyard Carried forward |
2024 £ 47,864 17,293 560 11,629 4,875 15,565 30,017 127,803 16,647 5,706 1,938 24,291 11,023 250 1,391 12,664 13,201 5,640 1,365 966 5,408 26,580 191,338 2,731 30,365 4,325 9,237 56,508 2,203 5,233 18,662 13,430 5,918 4,178 150,059 |
2023 £ 42,971 10,771 1,172 9,958 5,875 9,146 9,500 |
|---|---|---|
| 89,393 11,801 6,131 1,330 |
||
| 19,262 7,452 650 1,615 |
||
| 9,717 8,881 5,560 2,623 3,064 309 |
||
| 20,437 | ||
| 138,809 2,048 25,568 3,570 4,090 57,917 1,937 5,752 17,416 1,836 6,325 3,374 127,785 |
This page does not form part of the statutory financial statements
Page 20
The PCC of the Ecclesiastical Parish of Bunbury
Detailed Statement of Financial Activities for the year ended 31 December 2024
| Charitable activities Brought forward Magazine expenditure Education and training Structural repairs Fixtures and fittings Other Other expenditure Total resources expended Net expenditure before gains and losses Realised recognised gains and losses Revaluation gains/(losses) on fixed asset investments Net (expenditure)/income |
2024 £ 150,059 7,227 3,471 25,152 6,746 192,655 9,879 205,265 (13,927) 11,497 (2,430) |
2023 £ 127,785 7,649 1,146 15,814 306 152,700 6,143 160,891 (22,082) 46,258 24,176 |
|---|---|---|
This page does not form part of the statutory financial statements
Page 21