Report of the Trustees and
Financial Statements for the Year Ended 31 December 2024
for
St Mary West Acklam
St Mary West Acklam
## Contents of the Financial Statements for the Year Ended 31 December 2024
||Page|
|---|---|
|Report of the Trustees|1 to 3|
|Independent Examiner's Report|4|
|Statement of Financial Activities|5|
|Balance Sheet|6|
|Notes to the Financial Statements|7 to 13|
## St Mary West Acklam
## 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**
## **Objectives and aims**
When planning activities for the year the incumbent and the PCC have considered the Charities Commission guidance on public benefit and in particular the specific guidance on charities for the advancement of religion. In particular the Church seeks to preach the Christian Gospel and provide pastoral care for all who seek it. The PCC seeks to support the work and the aims of the Mission Statement drawn up by the Middlesbrough Deanery Synod which describes the mission of the church as follows:
"To bring people to a living faith in Christ and to witness for Christ and his teaching".
## **Significant activities**
It can be said that the PCC pursues its aims by supporting eight main areas of work in the parish.
1. Worship: Every effort is made to make the regular services accessible to newcomers and also edifying and challenging to the established worshippers. The occasional offices of the church, such as weddings, funerals and baptisms are often a way of making contact with new people.
2. Church Organisations: These were all closed down during the pandemic in 2020/2021 and have not restarted.
3. Local Institutions: Contact with these has been maintained by the Clergy and laity. They include one primary academy, Teesside Hospice, a residential home and one care home.
4. Publication: This includes the monthly "Parish News'' which is now only available via the St Mary Website, a weekly Pew Sheet, occasional information leaflets for special events and introduction letters. Service sheets for Christmas services are also produced. The church has a website which has links and is constantly updated. The Church of England website 'A Church Near You' is also maintained, a 'Facebook' page is kept up to date and monitored so contact through social media is possible.
5. Special Events and Activities: These are intended to be both financially and socially beneficial to the parish and its mission.
6. Stewardship: The PCC is committed to teaching and practising stewardship as a basic Christian duty and a means of promoting God's work in the parish and beyond.
7. Teaching: The PCC encourages and supports regular teaching through bible study, Advent and Lent courses, together with preaching and teaching by the incumbent.
8. Wider Mission: The parish supports Christian work beyond the parish by giving to mission and charities, and also by the work of individuals in local voluntary groups and clergy visits to schools and hospitals.
Contact and pastoral care has been maintained for those unable to attend church by using telephone calls, e-mails, visits, Facebook and the website.
## **ACHIEVEMENT AND PERFORMANCE Charitable activities**
During the last year the PCC has continued the mission of the Church in a number of ways.
## Worship:
The PCC has sought to maintain the worship of Almighty God in the parish. In practice this has meant maintaining the Church building to a high standard. It has involved heating and lighting the Church building and providing the necessary requisites and materials for worship, such as candles, altar wine and worship books.
During the year there were 9 Baptisms, 2 Marriages, 7 Funerals in Church and 2 Funerals taken at the Crematorium. 57 people attended worship on Easter Day and 15 attended worship on Christmas Day.
Page 1
## St Mary West Acklam
## Report of the Trustees for the Year Ended 31 December 2024
## **ACHIEVEMENT AND PERFORMANCE Mission and ministry**
The PCC has provided support for mission and ministry of the Church in a number of ways. It has supported:
a) The ordained ministry of the Church by paying our 'Freewill Offering' to a sacrificial level.
b) The wider work of the Church, by donating to missions and caring organisations through parish activities.
c) The Vicar in her work in the Church and Community by paying her expenses and providing a forum for discussion and planning.
d) The Church is floodlit to act as a visible sign of the Church's presence in the Community.
e) Following on from the pandemic the PCC determined the church hall was uneconomic to run and it was sold in August 2023. The funds from the sale are still held by the York Diocese pending a determination from the Charity Commissioners on the release of the proceeds of sale.
## **Giving**
The PCC seek to set an example in giving both in time and money and make sure that the principles of Christian Stewardship are taught.
## **FINANCIAL REVIEW**
## **Reserves policy**
It is PCC policy to maintain a balance on readily realisable unrestricted funds equal to approximately six months unrestricted payments. This is considered sufficient to cover emergency situations that may arise from time to time.
Total receipts on ordinary unrestricted funds were £68,970 and are detailed in the Financial Statements. £74,140 was spent to provide the Christian ministry from St. Mary's Church, including the Freewill Offering to the diocese. During 2024 the Freewill Offering by St. Mary's was £33,000.
The net deficit on unrestricted fund was £5,170 as detailed in the Financial Statements.
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **Governing document**
The charity is controlled by its governing document, the Parochial Church Powers Measure (1956) as amended, and the Church Representation Rules.
## **Recruitment and appointment of new trustees**
The method of appointment of PCC members is set out in the Church Representation Rules 2011. All Church attendees are encouraged to register on the Electoral Roll and stand for election to the PCC.
## **Organisational structure**
The PCC has one member of ordained clergy who is the chairperson of the PCC.
There are the following sub-groups all of which are in abeyance:
Standing : -prepares for PCC meetings and carries out essential business between the meetings. Finance : -assists the treasurer in developing the financial policy of the PCC.
Pastoral and Mission: - looks to support those who are housebound by regular visits and ways of furthering the mission of the church. Also looks at music and worship within the church.
Fund Raising: - arranges events and special occasions to raise funds for the church and its mission, i.e. Wednesday Workforce.
Church Buildings: - oversees maintenance of the church, churchyard, and 41 Ambleside Grove. Children and Young People: - oversees all the work involving children and young people.
Safeguarding Officer: - Rev N Rao .
Magazine editors: -Since early 2020 the magazine has been available on the website. The editors manage the two websites and also the Facebook entries.
Page 2
## St Mary West Acklam
## Report of the Trustees for the Year Ended 31 December 2024
## **REFERENCE AND ADMINISTRATIVE DETAILS**
St. Mary's West Acklam Church is situated in Middlesbrough. It is part of the Diocese of York within the Church of England. The Parochial Church Council (PCC) is a charity and has registered with the Charities Commission. Its registered charity number is 1133302. Its members act as trustees of the Church's resources.
Membership following the AGM April 2024:
Incumbent: Rev Norma Rao
Deanery Synod Representatives (ex officio members): Mrs M Morrell, Mrs J Carr.
Elected Members: Mrs J Foley Mrs J Woodward Mrs J Lomas Mrs W Hirst Mr C Stockwell Mr B Livingstone (secretary)
Co-opted members Mr R Willis
There are 78 on the Electoral Roll at 31 December 2024 (65 live in the parish and 13 outside the parish boundary). Regular attendances at Church main services average 32 adults and 1 under the age of 16.
The Parochial Church Council are responsible for the maintenance and integrity of corporate and financial information included on the charity's website.
The Vicar and PCC are grateful to all who contributed to the work of the Church during the year.
Approved by order of the board of trustees on 13 April 2025 and signed on its behalf by:
R Willis - Trustee
Page 3
## Independent Examiner's Report to the Trustees of St Mary West Acklam
## **Independent examiner's report to the trustees of St Mary West Acklam**
I report to the charity trustees on my examination of the accounts of St Mary West Acklam (the Trust) for the year ended 31 December 2024 which are set out on pages 5 to 13.
## **Respective responsibilities of trustees and the examiner**
The church’s trustees are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act'). The church’s trustees consider that an audit is not required for this year under section 144(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.
It is my responsibility to:
- Examine the accounts under Section 145 of the 2011 Act;
- To follow the procedures laid down in the General Directions given by the Charity Commission under Section 145(5)(b) of the 2011 Act.
## **Independent examiner's statement**
My examination was carried out in accordance with the general directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a ‘true and fair view’ and the report is limited to those matters set out in the statement below.
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:
1. accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or
2. the accounts do not accord with those records; or
3. 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.
Colin Shaughnessy BA FCA Chartered Accountant 7 Cleveland Avenue Linthorpe MIDDLESBROUGH TS 5 7RR
13 April 2025
Page 4
## St Mary West Acklam
## Statement of Financial Activities
## for the Year Ended 31 December 2024
|Unrestricted
fund
Notes
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
2
50,178
**Charitable activities**
Fees for weddings, baptisms and funerals
4,122
Income from fundraising
3
2,763
Investment income
4
11,907
Other income
5
-
**Total**
68,970
**EXPENDITURE ON**
**Raising funds**
Raising donations and legacies
6
3,004
Investment management costs
7
1,584
4,588
**Charitable activities**
8
Church activities
69,417
Other
135
**Total**
74,140
**NET INCOME/(EXPENDITURE)**
(5,170)
**Transfers between funds**
16
-
**Net movement in funds**
(5,170)
**RECONCILIATION OF FUNDS**
Total funds brought forward
189,162
**TOTAL FUNDS CARRIED FORWARD**
183,992|Unrestricted
fund
Notes
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
2
50,178
**Charitable activities**
Fees for weddings, baptisms and funerals
4,122
Income from fundraising
3
2,763
Investment income
4
11,907
Other income
5
-
**Total**
68,970
**EXPENDITURE ON**
**Raising funds**
Raising donations and legacies
6
3,004
Investment management costs
7
1,584
4,588
**Charitable activities**
8
Church activities
69,417
Other
135
**Total**
74,140
**NET INCOME/(EXPENDITURE)**
(5,170)
**Transfers between funds**
16
-
**Net movement in funds**
(5,170)
**RECONCILIATION OF FUNDS**
Total funds brought forward
189,162
**TOTAL FUNDS CARRIED FORWARD**
183,992|Restricted
funds
£
-
-
-
27,695
-
27,695
10,575
-
10,575
-
-|2024
Total
funds
£
50,178
4,122
2,763
39,602
-
96,665
13,579
1,584
15,163
69,417
135|2023
Total
funds
£
54,813
4,764
2,398
17,751
116,336
196,062
6,500
2,094
8,594
52,812
109
61,515
134,547
-
134,547
547,947
682,494|
|---|---|---|---|---|
||74,140
(5,170)
-|10,575
17,120
-|84,715
11,950
-||
||(5,170)
189,162
183,992|17,120
493,332
510,452|11,950
682,494
694,444||
The notes form part of these financial statements
Page 5
## St Mary West Acklam
## Balance Sheet
## 31 December 2024
|Unrestricted
fund
Notes
£
**FIXED ASSETS**
Tangible assets
12
73,614
**CURRENT ASSETS**
Debtors
13
57,932
Investments
14
-
Cash at bank and in hand
56,696
114,628
**CREDITORS**
Amounts falling due within one year
15
(4,250)
**NET CURRENT ASSETS**
110,378
**TOTAL ASSETS LESS CURRENT LIABILITIES**
183,992
**NET ASSETS**
183,992
**FUNDS**
16
Unrestricted funds
Restricted funds
**TOTAL FUNDS**|Restricted
funds
£
-
-
556,221
4,167
560,388
(49,936)
510,452
510,452
510,452|2024
Total
funds
£
73,614
57,932
556,221
60,863
675,016
(54,186)
620,830
694,444
694,444
183,992
510,452
694,444|2023
Total
funds
£
74,147
46,954
530,925
75,303
653,182
(44,835)
608,347
682,494
682,494
189,162
493,332
682,494|
|---|---|---|---|
The financial statements were approved by the Board of Trustees and authorised for issue on 13 April 2025 and were signed on its behalf by:
B Livingstone - Trustee
J Lomas - Trustee
The notes form part of these financial statements
Page 6
## St Mary West Acklam
## Notes to the Financial Statements for the Year Ended 31 December 2024
## **1. ACCOUNTING POLICIES**
## **Basis of preparing the financial statements**
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' , the Church Accounting Regulations 2006 and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.
## **Income**
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds; it is probable that the income will be received and the amount can be measured reliably.
Collections and planned giving are recognised when received by or on behalf of the PCC. Income tax recoverable on gift aid donations is brought into account as the associated income is recognised.
Legacies are accounted for as soon as the PCC is notified of its legal entitlement, the amount due is quantifiable and its receipt is reasonably certain.
## **Expenditure**
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings, they have been allocated to activities on a basis consistent with the use of resources.
The policy of the PCC is to set the freewill offering due to the diocese of York at a level considered fair to both the parish and the wider diocese. The Freewill Offering, once set is considered a constructive obligation and accounted for in the period to which it relates.
Grants and donations are accounted for when paid over or when awarded if that award brings a binding obligation on the PCC.
## **Raising funds**
Funds raised by coffee mornings, Agape lunches and similar events are accounted for before deduction of related expenditure. Such expenditure is included in the appropriate expense account.
Rental income from church premises is recognised as it falls due.
## **Tangible fixed assets**
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on cost
All expenditure incurred in the year on individual items under £500 is written off.
Ambleside Grove is valued based on an insurance valuation as at September 1997.
## **Taxation**
The charity is exempt from tax on its charitable activities.
## **Fund accounting**
Unrestricted funds represent funds that are not subject to any restriction regarding their use and are available for the general purposes of the PCC. Funds designated for a particular purpose by the PCC are also unrestricted.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Page 7
continued...
## St Mary West Acklam
## Notes to the Financial Statements - continued for the Year Ended 31 December 2024
## **1. ACCOUNTING POLICIES - continued**
## **Consecrated land and buildings and moveable church furnishings**
Consecrated and beneficed property of any kind is excluded from the accounts by Section 10(2)(a) of the Charities Act 2011. Movable church furnishings held by the vicar and churchwardens on special trust for the PCC and which require a special faculty for disposal are accounted for as inalienable property unless consecrated. They are listed in the Church's inventory which can be inspected at any reasonable time. For inalienable property acquired prior to 1998 there is insufficient cost information available and therefore such assets are not valued in the accounts. Items acquired since 1 January 1998 have been capitalised and depreciated over their estimated useful life (initially over four years) on a straight-line basis. All expenditure incurred in the year on consecrated or beneficed buildings or on the repair of movable church fittings acquired before 1 January 1998 is written off.
## **2. DONATIONS AND LEGACIES**
|Gift aided giving
Other giving
Income tax recovered
Legacies
**3.**
**INCOME FROM FUNDRAISING**
Coffee mornings, Agape lunches and similar events
**4.**
**INVESTMENT INCOME**
Rents receivable
Church of England deposit fund interest
**5.**
**OTHER INCOME**
Gain on sale of former church hall
**6.**
**RAISING DONATIONS AND LEGACIES**
Fees for weddings
Church hall costs
Professional fees||2024
£
31,798
9,651
8,729
-
50,178
2024
£
2,763
2024
£
9,000
30,602
39,602
2024
£
-
2024
£
2,044
-
11,535
13,579||2023
£
31,737
9,336
8,740
5,000
54,813
2023
£
2,398
2023
£
9,000
8,751
17,751
2023
£
116,336
2023
£
1,965
4,535
-
6,500|
|---|---|---|---|---|
||||||
Page 8
continued...
## St Mary West Acklam
## Notes to the Financial Statements - continued for the Year Ended 31 December 2024
## **7. INVESTMENT MANAGEMENT COSTS**
Investment management costs are costs of generating investment income from the former curate’s house on Ambleside Grove.
## **8. CHARITABLE ACTIVITIES COSTS**
|**8.**
**CHARITABLE ACTIVITIES COSTS**|||
|---|---|---|
|Direct
Costs (see
note 9)
£
Church activities
37,092
**9.**
**DIRECT COSTS OF CHARITABLE ACTIVITIES**
Trustees' expenses
Upkeep of services
Free will offering
Depreciation|Support
Mission
costs (see
giving
note 10)
£
£
1,334
30,991
2024
£
2,245
1,314
33,000
533
37,092|Totals
£
69,417|
|||2023
£
3,074
1,091
30,000
1,247|
|||35,412|
Charitable activities costs include the sum of £33,000 (2023: £30,000) in respect of the Freewill Offering to the Diocese of York.
## **10. SUPPORT COSTS**
|Management
£
Investment management costs
1,584
Other resources expended
-
Church activities
30,991
32,575|Finance
£
-
135
-
135|Totals
£
1,584
135
30,991|
|---|---|---|
|||32,710|
Support costs, included in the above, are as follows:
|||||2024|2023|
|---|---|---|---|---|---|
||Investment|Other||||
||management|resources|Church|Total|Total|
||costs|expended|activities|activities|activities|
||£|£|£|£|£|
|Church light, heat and water|-|-|9,610|9,610|5,781|
|Church insurance|-|-|4,394|4,394|3,747|
|41 Ambleside Grove costs|612|-|-|612|1,122|
|Management fees-||||||
|Ambleside Grove|972|-|-|972|972|
|Postage, stationery and||||||
|copying|-|-|455|455|570|
|Church maintenance|-|-|16,532|16,532|6,585|
|Bank charges|-|135|-|135|109|
||1,584|135|30,991|32,710|18,886|
Page 9
continued...
## St Mary West Acklam
## Notes to the Financial Statements - continued for the Year Ended 31 December 2024
## **11. 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**
Trustees' expenses
**12.**
**TANGIBLE FIXED ASSETS**
**COST**
At 1 January 2024
Additions
Disposals
At 31 December 2024
**DEPRECIATION**
At 1 January 2024
Charge for year
Eliminated on disposal
At 31 December 2024
**NET BOOK VALUE**
At 31 December 2024
At 31 December 2023
41 Ambleside Grove is currently used as an investment asset.
**13.**
**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
Prepayments and accrued income
**14.**
**CURRENT ASSET INVESTMENTS**
Diocesan board of finance|41
Ambleside
Grove
£
72,663
-
-
72,663
-
-
-
-
72,663
72,663|||2024
£
2,245
Fixtures
and
fittings
£
9,247
-
-
9,247
7,763
533
-
8,296
951
1,484
2024
£
57,932
2024
£
556,221|||2023
£
3,074
Totals
£
81,910
-
-
81,910
7,763
533
-
8,296
73,614
74,147
2023
£
46,954
2023
£
530,925|
|---|---|---|---|---|---|---|---|
|||||||||
|||||||||
|||||||||
|||||||||
|||||||||
|||||||||
|||||||||
Current asset investments represent the net sale proceeds of the former church hall, together with accrued interest. These monies are held by the York Diocesan Board of Finance as trustee for the Parochial Church Council of St Mary West Acklam. The intention is that these funds will be transferred to the control of the PCC when a determination has been made by the Charities Commission.
Page 10
continued...
## St Mary West Acklam
## Notes to the Financial Statements - continued
## for the Year Ended 31 December 2024
## **15. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**
|Accruals and deferred income
**16.**
**MOVEMENT IN FUNDS**
**Unrestricted funds**
General fund
**Restricted funds**
Youth group
Church buildings and development fund
**TOTAL FUNDS**
Net movement in funds, included in the above are a
**Unrestricted funds**
General fund
**Restricted funds**
Church buildings and development fund
**TOTAL FUNDS**
**Comparatives for movement in funds**
**Unrestricted funds**
General fund
**Restricted funds**
Youth group
Church hall restoration fund
Church buildings and development fund
**TOTAL FUNDS**|At 1.1.24
£
189,162
1,767
491,565
493,332
682,494
s follows:
At 1.1.23
£
530,260
1,767
15,920
-
17,687
547,947|Net
movement
in funds
£
(5,170)
-
17,120
17,120
11,950
Incoming
resources
£
68,970
27,695
96,665
Net
movement
in funds
£
11,670
-
-
122,877
122,877
134,547|2024
2023
£
£
54,186
44,835
Transfers
between
At
funds
31.12.24
£
£
-
183,992
-
1,767
-
508,685
-
510,452
-
694,444
Resources
Movement
expended
in funds
£
£
(74,140)
(5,170)
(10,575)
17,120
(84,715)
11,950
Transfers
between
At
funds
31.12.23
£
£
(352,768)
189,162
-
1,767
(15,920)
-
368,688
491,565
352,768
493,332
-
682,494|
|---|---|---|---|
Page 11
continued...
## St Mary West Acklam
## Notes to the Financial Statements - continued
## for the Year Ended 31 December 2024
## **16. MOVEMENT IN FUNDS - continued**
Comparative net movement in funds, included in the above are as follows:
||Incoming|Resources|Movement|
|---|---|---|---|
||resources|expended|in funds|
||£|£|£|
|**Unrestricted funds**||||
|General fund|73,185|(61,515)|11,670|
|**Restricted funds**||||
|Youth group|-|-|-|
|Church buildings and development fund|122,877|-|122,877|
||122,877|-|122,877|
|**TOTAL FUNDS**|196,062|(61,515)|134,547|
A current year 12 months and prior year 12 months combined position is as follows:
|**Unrestricted funds**
General fund
**Restricted funds**
Youth group
Church hall restoration fund
Church buildings and development fund
**TOTAL FUNDS**|At 1.1.23
£
530,260
1,767
15,920
-
17,687
547,947|Net
movement
in funds
£
6,500
-
-
139,997
139,997
146,497|Transfers
between
funds
£
(352,768)
-
(15,920)
368,688
352,768
-|At
31.12.24
£
183,992
1,767
-
508,685
510,452
694,444|
|---|---|---|---|---|
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
|**Unrestricted funds**
General fund
**Restricted funds**
Youth group
Church hall restoration fund
Church buildings and development fund
**TOTAL FUNDS**|Incoming
resources
£
142,155
-
-
150,572
150,572
292,727|Resources
Movement
expended
in funds
£
£
(135,655)
6,500
-
-
-
-
(10,575)
139,997
(10,575)
139,997
(146,230)
146,497|
|---|---|---|
## **Transfers between funds**
Restricted funds include funds designated to be used for specific purposes.
During 2023 the church hall was sold and funds are held in a new restricted fund initially known as the Church Hall Fund, but now redesignated as the Church buildings and development fund. To facilitate this the existing hall asset and the balance of renovation expenditure from 2008 were transferred to this new fund from General Fund and Church Hall Renovation Fund respectively.
Page 12
continued...
St Mary West Acklam
Notes to the Financial Statements - continued for the Year Ended 31 December 2024
## **16. MOVEMENT IN FUNDS - continued**
## **Transfers between funds - continued**
The purpose of the Church buildings and development fund is for development and maintenance of the church building and maintaining mission and outreach within St Mary's and within the community of Acklam for future generations.
## **17. RELATED PARTY DISCLOSURES**
There were no related party transactions for the year ended 31 December 2024.
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