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← The Parochial Church Council Of The Ecclesiastical Parish Of Bottesford With Ashby In The Diocese Of Lincoln

2024-12-31-accounts

The Bottesford with Ashby Team Ministry Parochial Church Council

St. Paul's Ashby - St. Peter's Bottesford - Holy Spirit Riddings

Annual Report and Financial Statements

For the year ended 31[st] December 2024

Registered Charity Number 1133722

The Parochial Church Council of the Ecclesiastical Parish

of Bottesford with Ashby in the Diocese of Lincoln

PCC Chairman: Revd Kevin Dyke The Rectory, St Paul’s Road, Ashby, Scunthorpe DN16 3DL

Bank: Virgin Money 124 High Street, Scunthorpe DN15 6ES

Independent Examiner: Mrs Katie Sauvage FCCA, Phoenix Accountancy & Business Consultancy Limited Morley’s Cottage, Morley’s Yard, Beverley, HU17 9BY

PAROCHIAL CHURCH COUNCIL of BOTTESFORD WITH ASHBY TEAM MINISTRY

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PAROCHIAL CHURCH COUNCIL of BOTTESFORD WITH ASHBY TEAM MINISTRY

Independent Examiner’s Report to the Trustees of The Parochial Church Council of the Ecclesiastical Parish of Bottesford with Ashby in the Diocese of Lincoln.

I report on the annual report and accounts of the PCC for the year ended 31 December 2024, which are set out on pages 4 to 19, in respect of an examination carried out in accordance with the Church Accounting Regulations 2006 (‘the Regulations’) and section 144(2) of the Charities Act 2011 (‘the 2011 Act’).

Respective responsibilities of the PCC and independent examiner

As members of the PCC you are responsible for the preparation of the accounts, and you consider that an audit is not required for this year (under section 144(2) of the Charities Act 2011 (the 2011 Act) and the Regulations) and that an independent examination is needed. It is my responsibility to issue this report on those accounts in accordance with the terms of the Regulations, that is to:

Basis of independent examiner’s statement

My examination was carried out in accordance with the General Directions given by the Charity Commission in the 2011 Act, and to be found in the Church guidance, 2006 edition. That examination includes a review of the accounting records kept by the PCC 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 I do not express an audit opinion on the view given by the accounts.

Independent examiner's statement

In connection with my examination, no matter has come to my attention:

(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

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PAROCHIAL CHURCH COUNCIL of BOTTESFORD WITH ASHBY TEAM MINISTRY

ANNUAL REPORT for 2024

Administrative Information

The Bottesford with Ashby Team Ministry is part of the Diocese of Lincoln within the Church of England. There are 3 churches within the team:

The correspondence address is: The Rectory, St Paul’s Rd, Ashby, Scunthorpe, DN16 3DL

The Parochial Church Council (PCC) is a Registered Charity, number 1133722.

PCC members and Trustees who have served from 1 January 2024 until the date this report was approved are:

Team Rector: Revd. Kevin Dyke Associate Priest: Revd. Mary Stonier Assistant Curate: Revd. Kate Mitchell Lay Chair: Mr. John Boddy (also Diocesan & Deanery Synods) Reader: Mr. Lindon Batt (also Deanery Synod) Parish Warden: Mrs. Christine Bell Deputy Wardens: Capt. Sean Andrews Mrs. Pamela Cook Mr. David Parrott Deanery Synod Reps: Mrs. Julie Dyke Mr. Michael Galey (also Diocesan Synod) Mr. Clive Toplass Elected Members: Mrs. Christine Boddy Electoral Roll Officer Mr. John Caborn (from APCM 2024) Mrs. Denise Jordan (from APCM 2024) Mrs. Eve Kiddle (until APCM 2024) Mrs. Carol Readhead Mr. David Rowbottom Mrs Helen Sibanda (from APCM 2024) Mr. David Walker Mrs. Jane Ward Mrs. Joan Whitley (from APCM 2024) Co-opted by the PCC: Mrs. Cathryn Hewes PCC Secretary

Mr Michael Galey formally resigned from the post of Treasurer at the 2022 APCM. Unfortunately, no one else took on the role, which remains vacant. He has therefore continued to prepare the Management accounts for the PCC, and he prepared this AR&FS for Independent Examination.

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PAROCHIAL CHURCH COUNCIL of BOTTESFORD WITH ASHBY TEAM MINISTRY

Structure, Governance and Management

The method of appointment of PCC members is set out in the Church Representation Rules. All Church attendees are encouraged to register on the Electoral Roll and to stand for election to the PCC.

There are District Church Councils at each of the three churches. These councils take dayto-day decisions for their own churches but are subordinate to the PCC. The Trustees consider the Public Benefit when making decisions.

There is a Management Committee for St. Paul's Church Hall. This committee takes day-today decisions for the Church Hall but is responsible to the PCC.

There is a Management Committee for the Church Lads and Church Girls Brigade. This committee takes day-to-day decisions for the local organisation but is responsible to the PCC.

The PCC also operates through sub-committees, which meet between full meetings of the PCC.

Standing Committee

This is the only committee required by law. It has power to transact business of the PCC between its meetings, subject to any directions given by the Council. It has the same membership as the Finance Committee.

Finance Committee

This committee oversees the general financial dimension of the work of the Bottesford with Ashby Team by monitoring income and expenditure, budgeting and co-ordinating the annual review of the Christian Stewardship of money through planned giving. Major decisions are subject to PCC approval.

Social Committee

This committee organises a programme of social and fundraising events for the benefit and enjoyment of the whole parish and the local community.

Hall Committee

This committee is responsible for the management of the Parish Hall. This is a major asset and it continues to operate very successfully. In addition to its use by the Parish, it is booked by individuals and community organisations for a large variety of activities. It is a vital part of our outreach into the local community.

Objectives and Activities

Bottesford with Ashby PCC has the responsibility of co-operating with the team clergy in promoting in the ecclesiastical parish the whole mission of the Church, pastoral, evangelistic, social and ecumenical. It also has the responsibility for maintaining the Church buildings including St. Paul's Church Hall.

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Church Attendance

Attendance and electoral roll figures for 2024 (2023) are shown below:

Church Average Sunday
Attendance		 Electoral Roll Electoral Roll
Total Number Non-resident
St. Paul’s 22 (25) 42 (46) 8 (10)
St. Peter’s 32 (35) 47 (49) 2 (4)
Holy Spirit 8 (11) 9 (12) 1 (4)

Review of the Year 2024

The year 2024 has continued our new pattern of optimism for the future with signs of new initiatives and growth continuing to emerge now that the majority of people are resuming a normal pattern of life. We have all been changed, some of us irreversibly, but now is the time to put it behind us and look forward.

Church attendance, particularly among the traditional church goers has declined as a result of the pandemic, but with new people coming into our congregations and with new services and opportunities for learning, study and prayer, the overall numbers attending across the parish are now beginning to grow again, which is a real encouragement to the church and its future. A strong sense of shared values, welcome for new people, friendship and mutual pastoral support are all factors positively influencing people engagement and, as your Rector, I am grateful, once again, to everyone for their faithfulness and the love and compassion that has been, and continues to be, shared so generously to everyone across the parish.

We should all be encouraged by the many new faces who have become part of the church during 2024. Different expressions of church through services like Mossy Church, Café Church, Dwell , Encounter, Orchard Church and Church Rocks, and our All Age lay led service, have allowed different people, across the age groups, to engage with their own faith journey and be part of the ‘Body of Christ’ here in the parish.

All of this has meant that we are able to again be a normal worshipping and mission centred community. But the ‘ebb and flow’ in the number of people attending church and contributing to it, both financially and in other ways, means that there are still many challenges for us to face, both as a parish and as a member of Manlake LMP [Local Mission Partnership]. However, we have agreed to continue to respond positively and prayerfully to these challenges to enable us to embrace God’s plans for us in the future and to continue to play our part in the work of Time to Change Together and the 10 year strategy for growth in the church as part of the SMMIB [Strategic Mission and Ministry Investment Board] funding initiative which is on-going. .

But, despite the financial pressures that still exist, and the challenges of the continuing costof-living crisis, we have as a parish managed, through people’s generous giving, fee and other incomes, by embracing digital giving and through fundraising, to meet our financial responsibilities in 2024 and this included paying in full our parish covenant of £55000. This will once again be our covenant commitment to the diocese again in 2025 and in addition to

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our normal running costs. As before these are challenges that we will face together prayerfully and faithfully once again.

The normal pattern of parish governance has continued through 2024 with regular PCC and DCC meetings and DCC AGM’s and an Annual Parochial Church Meeting. Manlake Deanery Chapter Meetings for ministers and Deanery Synod meetings for parish representatives have continued and deanery representatives have attended Diocesan Synods and been part of diocesan and deanery business and decision making throughout the year.

During 2024 Revd Kevin Dyke has continued to be the Team Rector, his 9[th] year here in the parish, and he has continued to be very well supported by the ministry team comprising Associate Priest Revd Mary Stonier, Assistant Curate Revd Kate Mitchell [who arrived in June 2023], Reader Lindon Batt [Lindon has been off rota since May 2024 due to illness] and Church Army Captain Sean Andrews together with ALM’s [Authorised Lay Ministers] John and Chris Boddy.

Assistant Curate Kate Mitchell has made a significant contribution to the life of the parish, together with her husband Tom, and we were all delighted to be part of her ordination to the priesthood this year and to be part of her first Eucharist when she presided at St Peter’s Church in July. We will continue to share in her formational training through until early in 2026 and no doubt benefit from all she will bring to parish life in that time.

With the support of our church wardens and lay members in all their different roles, we have together, continued to provide a varied pattern of Sunday and midweek worship in all the churches, study and prayer opportunity, and have introduced new expressions of church as well. Our churches remain open for private prayer to those in the wider community during daylight hours. We lead life events such as funerals, weddings and baptisms; we engage increasingly with schools and ecumenical partners in the parish; we provide the opportunity for study, learning and spiritual growth and develop worship and enhance our ability to communicate with the wider parish and advertise what we do more effectively using the website, and other social networking platforms.

Once again, I am grateful to everyone, lay and ordained, for their prayerful commitment and hard work throughout the year, for their continuing ministry and for all the support they provide to me, their Rector, the wider ministry team and to each other.

Throughout 2024, the overall number of funerals, weddings and baptisms (Life Events) and wedding blessings and interments taken in our churches increased over 2023 figures showing an increasing trend, particularly for baptisms towards pre-pandemic levels. However, numbers do tend to vary year on year and certainly the number of weddings and particularly funerals are most likely to show a downward trend for the time being as suggested in last year’s review. In 2024, there were 22 weddings, 1 wedding blessing, 13 interments of ashes, 86 baptisms and 45 funerals.

These fluctuations will have an impact on parish income in the future and we will need to continue to consider carefully other ways of generating income as well as sourcing relevant grant support for any projects and mission initiatives we might want to undertake.

Despite the financial pressures that exist the congregation members have continued to respond positively in support of the work being done by the church, grants have been

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obtained, hall and café income are once again rising, the 4[th] St Peter’s Beer Festival raised about £8500, and overall, as a result in 2024 income has increased over 2023. The Parish Covenant has been paid in full, and we have just about paid our way without the need of using reserves. Planned giving was £32,577 over the year, just a little down on the 2023 figure, and we will work hard in 2025 to raise this and to encourage newer members of the church to make a regular financial contribution to the life and ministry of the parish.

During 2024, we have continued to work closely with Capt. Sean Andrews of the Church Army Centre of Mission; with the leaders and volunteers of Inspiring Family Solutions who have all continued to contribute in a significant way to work done at The Church of the Holy Spirit.

The work of all these groups has continued to increase with the new 2023 initiatives such as The Food Pantry, allowing the work to evolve and new volunteers coming forward to help. The work being done means that the Church of the Holy Spirit remains an active centre of community on the Riddings Estate and is open and accessible most days of the week for essential community contact, outreach and church engagement and as a quiet space for people to pray and reflect and find some peace in a busy life.

Throughout 2024, the Hall at St Paul’s has continued to be used to just about full capacity, new bookings have been taken, and the St Paul’s Pre-School continues with four mornings a week during school term time. The use of the hall is an important part of our mission and outreach to the wider community, but the increasing income is essential to our financial viability both now and for the future. Once again, I express my thanks to everyone involved with the hall and for its valuable contribution to parish life.

Café St Paul continues on a Thursday morning each week, and revenues have remained high for most of the year and people coming in, and groups using the hall at the same time, means that its vital pastoral and outreach role to the community on market days in Ashby remains effective and welcome. Thank you to all the volunteers who help in so many ways and to all those people who come to enjoy the cakes, bacon butties, jacket potatoes and the soup etc and the fellowship that is shared there.

To communicate with the congregation and wider community the fortnightly parish newssheet continues to be produced along with the parish magazine, and we continue to widen our use of social media. I am grateful to everyone who helps and contributes to all our written communications and those who help to maintain our website and all the other social media communication we now use, and which are invaluable to people’s ability to connect with us each day.

St Peter’s Project has continued to move forward during 2024, and all investigative work is now complete, and we are moving on now to finalise what is to be included and to liaise with the architect and other professionals to agree costs for professional services and to prepare specifications and drawings for approvals and costing purposes. This work will continue throughout 2025 and feed into the work required to obtain funding for the project through to completion.

Grateful thanks are extended to everyone involved in taking the project at St Peter’s forward and it is good that we are making substantial progress towards eventual completion. There is still much to do and many hurdles still to overcome, not least finding the funding, but moral remains good, and we are taking steps in the right direction.

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Essential repairs have continued in 2024 to all three churches and to the hall as they have needed to be undertaken including a new boiler in the hall and we are grateful to Biffa for giving us a grant for 90% of the costs towards this essential work.

At the Church of the Holy Spirit and St Peter’s Church we have continued to work in conjunction with the Probation Service and their Community Payback teams to help carry out essential maintenance and decoration at Holy Spirit and to finalise the clearing of the orchard in the Alice Lynam land at St Peter’s. This work and relationship will continue into 2025.

During 2024, the parish and all in the wider Manlake Deanery have continued to be involved in the church’s future, its ministry, the need to change and the financial arrangements that are part of the Diocese of Lincoln initiative – Resourcing Sustainable Church - Time to Change Together

Our parish forms the southern part of Manlake LMP in association with the churches to the south of us in Messingham, Scotter, Scotton, Northorpe, Gunness, Burringham and Kirton in Lindsey. The plan calls for a new and more collaborative way of being church together, which will be very different to what most people are used to, but in 2024 we have continued to explore ways to do this, and we will prayerfully move forward together to see where God leads us over these next few years. As part of this we are taking a lead role to find funding, together with the Diocese of Lincoln, to obtain funding for a 10-year plan for church growth and revitalisation across our LMP. This work will continue through 2025.

Through 2024, we have continued to develop our wider relationships with our community; our ecumenical neighbours; the local authorities, North Lincolnshire Council and Bottesford Town Council; Interfaith Groups and local groups and charities. We have been involved in local initiatives like Civic Prayer Breakfasts and Community Prayer Times, the NLC Faith Board, public acts of witness and the sharing of our musical and ministerial gifts, and with Revd Kevin Dyke being the Mayor’s Chaplain for a second year.

At the heart of our church life in 2024 was the 100-year celebrations of the building of St Paul’s Church which started back in 1924. It was a wonderful weekend, with many involved in the planning and execution. There were concerts and musical recitals, engagement with our community and schools and celebration services and a celebration meal to which were invited many who had been influential in the life of the church, past and present.

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Financial Performance : 2024

The overall outcome for 2024 was largely similar to 2023, despite some large deviations in various components of our income and expenditure.

Unrestricted and Non-Designated Funds - Main Parish Account

Receipts into the main Parish Account increased from £81,616 to £96,758 – an increase of £15,142.

The main factors included:

These were partly offset by:

Payments from the main Parish Account increased from £89,936 to £104,553 – an increase of £14,617.

The main factors included:

The St Peter’s Beer Festival contributed a very welcome surplus of £9,191 after deduction of costs, representing a net increase of £3,107 compared to the previous year.

The St Paul’s Centenary celebration weekend contributed an equally welcome surplus of £2,217 after deduction of costs.

Taken together, we moved from a deficit of £8,320 in 2023 to a deficit of £7,795 in 2024. This represents an adverse movement of £526 on the year.

Unrestricted Funds - Hall Account

For the Hall Accounts, receipts and Payments are also Unrestricted, but are classified as Designated (administered by the Hall Committee on behalf of the PCC).

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Receipts into the Hall Account increased marginally from £21,335 to £21,393 – an increase of £58 on the year.

Payments from the Hall Account reduced from £20,253 to £14,889 – a reduction of £5,364.

The two main factors were

Taken together, Hall Accounts moved from a surplus of £1,082 in 2023 to a larger surplus of £6,504 in 2024.

Unrestricted funds – Overall

Taking the main Parish Account and the Hall Account together, the deficit on the year for all Unrestricted Funds was £1,291. This an improvement of £5,948 year on year as the deficit in in 2023 amounted to £7,238.

Restricted Funds – Church Accounts

Receipts into Restricted Funds totalled £15,911 compared to £7,825 last year. This was mainly due to the receipt of a grant of £7,600 from the National Churches Trust and recovery of VAT of £3,915 from the Listed Places of Worship Grant Scheme, both in respect of the St Peter’s renovation project.

Payments from these Restricted Funds totalled £4,866 compared to £31,235 last year. This reflects less expenditure on preliminary work and consultancy fees for the St Peter’s renovation project.

Accordingly, there was a surplus on Restricted Funds of £11,045 compared to a deficit of £23,410 last year.

Restricted Funds – Church Lads and Church Girls Brigade

The Brigade has not been active since July 2023.

Reserves

At the end of 2024 we held:

The Outlook

With a decline in church attendance and associated giving, it is difficult to see Planned Giving returning to 2022 levels. We have made a covenant with the Diocese to give £55,000 in 2025. With continued higher prices for our gas and electricity, our ability to meet our commitments will continue to be dependent on fee income and our fund-raising activities such as Café St Paul and the St Peter’s beer festival.

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FINANCIAL STATEMENTS – RECEIPTS AND PAYMENTS ACCOUNT For the year ended 31[st] December 2024

Note
RECEIPTS
2(a)
Voluntary Giving
2(b)
Activities for Generating Funds
2(c)
Receipts from Property and Investments
2(d)
Receipts from Church Activities
2(e)
Other Receipts
Total Receipts
PAYMENTS
3(a)
Costs of Generating Funds
3(b)
Costs of Church Activities
3(c)
Church Expenses
3(d)
Major Capital Expenditure
3(e)
Other Payments
Total Payments
Net Receipts / Payments for the year
Transfers to re-allocate funds
Transfers – Cash to Investments
Bank Balances at the beginning of the year
Bank Balances at the end of the year		 Unrestricted
Funds (£)
Restricted
Funds (£)
Total for
2024 (£)
Total for
2023 (£)
55,175
13,128
68,303
56,151
21,446
522
21,968
12,283
3,019
2,261
5,280
5,952
38,511
0
38,511
36,390
0
0
0
185
118,151
15,911
134,062
110,961
9,287
0
9,287
4,826
61,297
0
61,297
57,649
44,478
0
44,478
45,041
4,380
4,866
9,246
33,073
0
0
0
1,394
119,442
4,866
124,308
141,983
-1,291
11,045
9,754
-31,022
0
0
0
0
0
0
0
0
29,086
62,959
92,045
123,067
27,795
74,004
101,799
92,045

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STATEMENT OF ASSETS AND LIABILITIES

As at 31[st ] December 2024

31 Dec 2024 31 Dec 2023
(£) (£)
CASH FUNDS
Unrestricted PCC General Accounts 5,035 12,830
St Paul’s Hall Account 22,760 16,256
Total Unrestricted Cash Funds 27,795 29,086
Restricted St. Peter’s Fabric Funds 53,589 43,348
St. Paul’s Fabric Funds 7,548 7,312
Lynam Land – Trust Fund 3,933 3,735
St Peter’s Bell-Ringers 2,309 1,939
Church Lads & Church Girls Brigade 6,625 6,625
Total Restricted Cash Funds 74,004 62,959
INVESTMENTS CBF Investment Fund 38,149 37,296
Eden Tree Amity Global Equity 29,507 27,997
M&G Charifund 0 0
Total Investments 67,656 65,293
DEBTORS None 0 0
FIXED ASSETS For Church Use – Parish Hall 750,000 750,000
LIABILITIES None 0 0

Following a valuation for insurance purposes in 2016, the asset value of the Parish Hall is shown as £750,000 as an estimate of current market value. This valuation is considered by the Trustees as still being appropriate.

Approved by the Parochial Church Council at its meeting on 12[th] May 2025 and signed on its behalf by:

Revd. Kevin Dyke (Chairman) Mrs. Christine Bell (Parish Warden)

The notes on pages 14 to 19 form part of these accounts

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PAROCHIAL CHURCH COUNCIL of BOTTESFORD WITH ASHBY TEAM MINISTRY

NOTES TO THE FINANCIAL STATEMENTS

For the year ended 31 December 2024

1 ACCOUNTING POLICY

Basis for Accounts

The financial statements have been prepared on a Receipts and Payments basis in accordance with the Church Accounting Regulations 2006 together with the Charities Act 2011, Section 133.

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. For clarity, they do include the receipts, payments and funds relating to the Parish Hall and the Church Lads’ and Church Girls’ Brigade.

Cash Flow Statement

The Charity has taken advantage of the exemption in FRS102 from the requirement to produce a Cash Flow statement on the grounds that the income does not exceed £500,000.

Description of Funds

Restricted Funds represent donations or grants or other payments received for a specific object or invited by the PCC for a specific object. The funds may only be expended on the specific object for which they were given. Any balance remaining unspent at the end of each year must be carried forward as a balance on that fund. The PCC does not usually invest separately for each fund. Where there is no separate investment, interest is apportioned to individual funds on an average balance basis.

Unrestricted Funds are general funds which can be used for PCC ordinary purposes.

Receipts

Voluntary income and capital sources

Planned giving, collections and donations are recognised when received. Income tax recoverable on gift aid planned giving and donations is generally recognised only when received. Grants and legacies to the PCC are accounted for only when received.

All incoming resources, such as funds raised at social events or from sales of the magazine, are accounted for gross.

Other ordinary income

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

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NOTES TO THE FINANCIAL STATEMENTS (Continued)

For the year ended 31 December 2024

Income from investments

Interest on bank accounts and distributions received from investments are accounted for when received.

Payments

Grants

Grants and donations are accounted for when paid over.

Activities directly relating to the work of the Church

The Diocesan “Parish Share” is accounted for when paid.

Fixed Assets

Consecrated land and buildings and movable church furnishings

Consecrated and beneficed property is not included in the accounts in accordance with Section 10(2) (a) and (c) of the Charities Act 2011.

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 beneficed buildings and movable church furnishings whether maintenance or improvement is written off immediately.

Other fixtures, fittings and office equipment

Individual items of equipment with a purchase price of £2,000 or less are written off immediately.

Current Assets

Only admitted credit balances such as at the bank or for prepaid gas or electricity bills are included. Any moneys owing for rents etc. are included only when they are received.

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

2 RECEIPTS

Note Unrestricted Restricted Total for Total for
Funds (£) Funds (£) 2024 (£) 2023 (£)
2(a) Voluntary Giving
Planned Giving - Tax Efficient 27,063 0 27,063 28,163
- Remainder 5,514 0 5,514 5,363
Collections at Regular Services 2,951 0 2,951 3,322
Collections at Occasional Offices 4,183 0 4,183 3,181
Other Voluntary Donations 2,855 1,410 4,265 5,737
Gift Days 0 0 0 0
Gift Aid Recovered 12,359 0 12,359 9,735
Legacies & Bequests 0 0 0 0
Grants Received 250 11,718 11,968 650
55,175 13,128 68,303 56,151
2(b) Receipts from Activities for Generating Funds
Events and Fund Raising - Parish 21,446 522 21,968 12,283
Events and Fund Raising - Hall 0 0 0 0
21,446 522 21,968 12,283
2(c) Income from Property and Investments
Bank Interest 0 2,261 2,261 2,495
Distributions from Investments 1,508 0 1,508 1,945
Rents 1,500 0 1,500 1,500
Wayleave Payment 11 0 11 12
3,019 2,261 5,280 5,952
2(d) Receipts from Church Activities
Fees Retained by PCC 10,477 0 10,477 8,204
Parish Hall Income 21,143 0 21,143 21,185
Café St Paul 6,695 0 6,695 6,845
Magazine Receipts 0 0 0 0
Miscellaneous 196 0 196 156
38,511 0 38,511 36,390
2(e) Other Receipts
Sale of Assets 0 0 0 0
Insurance Claims 0 0 0 0
Church Lads & Church Girls Brigade 0 0 0 185
0 0 0 185
Total Receipts 118,151 15,911 134,062 110,961

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

3 PAYMENTS

Note
3(a)
Costs of Generating Funds
Expenses of Events
Planned Giving Costs
3(b)
Costs of Church Activities
Mission Giving and Donations
Diocesan Covenant (Parish Share)
Office Wages
Payments to Organists
Clergy & Staff Expenses
3(c)
Church Expenses
Mission – General
– Training
– Communications
Recruitment Fees
Running Expenses – Church Insurance
– Licences & Subs
– Routine Maint.
– Organ Maintenance
– Office Tel / Internet
– Office Expenses
– Upkeep of Services
– Bank Charges
– Prof Fees
– Fee, Ind Examiner
Church Utility Bills
Parish Hall Costs – Heat & Light
– Insurance
– Expenses
3(d)
Major Capital Expenditure
Major Expenditure - Churches
Major Expenditure - Parish Hall
Major Expenditure – GOR
3(e)
Other Payments
Purchases
Church Lads & Church Girls Brigade.
Total Payments		 Unrestricted
Funds (£)
Restricted
Funds (£)
Total for
2024 (£)
Total for
2023 (£)
9,212
0
9,212
4,696
75
0
75
130
9,287
0
9,287
4,826
2,460
0
2,460
1,950
55,000
0
55,000
52,000
0
0
0
0
1,100
0
1,100
1,125
2,737
0
2,737
2,574
61,297
0
61,297
57,649
0
0
0
0
0
122
0
0
0
122
0
115
0
0
0
0
9,358
0
9,358
9,128

1,011
0
1,011
809
3,612
0
3,612
4,053
336
0
336
330
644
0
644
577
1,217
0
1,217
830
905
0
905
1,103
0
0
0
0
1,440
0
1,440
0
300
0
300
300
10,644
0
10,644
7,543
5,743
0
5,743
3,700
1,198
0
1,198
1,163
7,948
0
7,948
15,390
44,478
0
44,478
45,041
4,380
4,866
9,246
33,073
0
0
0
0
0
0
0
0
4,380
4,866
9,246
33,073
0
0
0
835
0
0
0
559
0
0
0
1,394
119,442
4,866
124,308
141,983

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PAROCHIAL CHURCH COUNCIL of BOTTESFORD WITH ASHBY TEAM MINISTRY

NOTES TO THE FINANCIAL STATEMENTS (Continued)

For the year ended 31 December 2024

4 STAFF COSTS

2024 2023
Wages and Salaries nil nil
Social Security Costs nil nil
Pension Costs nil nil

During the year the PCC made payments to 3 church organists, plus 1 caretaker and 1 cleaner for St. Paul's Hall. All of them were part-time and self-employed.

Apart from the clergy, no other member received any reimbursement of expenses or remuneration.

5 INVESTMENTS

The PCC has investments in the CBF Investment Fund, the Eden Tree (Amity Global Equity) Fund and at the CAF Bank. Taken together, the investment funds performed well over the year.

In addition, the PCC holds cash in various bank accounts, including separate current accounts for the Hall and Brigade.

6 FUND DETAILS

Reserves Policy

Restricted Funds

The PCC continues to receive bequests and donations for specific projects of a capital nature, creating or adding to Restricted Funds. Going forward, the PCC will encourage donors to contribute to Unrestricted Funds in order to maintain the flexibility to address capital requirements across the Parish as a whole.

Unrestricted Designated Funds

Under the Constitutions of the PCC and the Hall Committee, the funds held by the Parish Hall in its separate bank account are considered to be Designated for the use of the Hall Committee. The operations of the Hall Committee tend to generate a surplus, and that Committee often donates funds back to the PCC for general use. These are considered to be Unrestricted. No further funds have been designated by the PCC for a specific use.

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PAROCHIAL CHURCH COUNCIL of BOTTESFORD WITH ASHBY TEAM MINISTRY

NOTES TO THE FINANCIAL STATEMENTS (Continued)

For the year ended 31 December 2024

Other Unrestricted Funds

The sale of various tranches of church land within the Parish was approved by the Church Commissioners under the provisions of the New Parishes Measure 1943. The regulation laid down that the net sale proceeds should be invested by the Lincoln Diocesan Trust on behalf of the PCC who have power to spend income and capital, if so desired, with the approval of the Archdeacon. These funds are also considered to be Unrestricted.

Endowment Funds

The PCC does not hold and is not the beneficiary of any Endowment Funds.

7 DONATIONS TO CHARITY

As a Parish, we have a policy of donating, each year, 5% of our planned giving to a selection of charities and worthwhile causes. For last year, each of the following charities received a donation of £320.

In addition to these donations from parish income, we gave the following:

We also made donations to Christian Aid from appropriate collections during the year.

A number of additional donations were made from collections organised in the churches and the Parish Hall, which did not pass through the PCC’s bank account.

It is often difficult to decide which charities to support. We try to strike a balance between local, national and international groups, knowing that what we give will be used in some small way to alleviate the suffering of others.

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