## **TRUSTEES’ ANNUAL REPORT For the period 1 January 2024 to 31 December 2024** ## **SECTION A REFERENCE AND ADMINISTRATION DETAILS** Charity Name: The Parochial Church Council of the Ecclesiastical Parish of St Peter and St Paul, Moulton, Northants Registered Charity Number: 1133729 Principle Address: Church Hill Moulton Northants NN3 7SW Name of the charity trustees who manage the charity: **Trustee Name Office Dates Acted (where not whole year)** Nick Alexander Vicar/ Chair Eric Anakwa Warden Chris Battye Lay-Vice Chair 01.01.2024-19.05.2024 Philip Blackman Treasurer Pete Collins Jane Cosby Philip Evans Associate Vicar 05.08.2024-31.12.2024 Lynda Featley Secretary Mike Fink Malcolm Forsyth Wendy Forsyth Anne Jeffrey Neal Kennedy Mark Maryan 01.01.2024-19.05.2024 Mike Monk Kathy Morrison Roger Smart Peter Storey Rachel Wild Martin Wild Warden Pete Collins, an existing employee, became a trustee during 2021. The PCC have produced a document to detail the procedures that are in place to manage any conflict of interest and to protect the PCC ’ s interests. This document was presented at a meeting held on Thursday 5 May 2022 and was adopted by the PCC at the meeting. ## **SECTION B STRUCTURE, GOVERNANCE AND MANAGEMENT** Type of governing document “ The PCC Powers Measure and the Church Representation Rules How the charity is constituted Church of England Assembly (Powers) Act 1919 Parochial Church Council (Powers) Measure 1921 “ The PCC Powers Measure and the Church Representation Rules ” Trustee Selection Methods Elected by members of the electoral roll at an annual meeting ## **SECTION C OBJECTIVES AND ACTIVITIES** Summary of the objects of the charity Promoting in the ecclesiastical parish the whole mission of the Church. Summary of the main activities undertaken for the public benefit To monitor and make due provision for the above, providing church services and associated offices (e.g.: weddings, funerals, baptisms) in accordance with the governing legislation. Ensuring the provision of other services and facilities as are deemed important, desirable and necessary for the parish, namely (inter alia) - support and facilities for children of all ages - support and facilities for families - support and facilities for 3[rd] Age - youth meetings in the village and schools - women’s meetings and support - men’s meetings and support - community outreach including provision of a wellbeing caf é , lunch club, parent and toddler groups and activities for children and families The PCC Emergency Fund Sub-Committee collects donations for support of church members. Three subcommittee members, overseen by a Church Warden administer the fund and separate bank account. ## **SECTION D ACHIEVEMENTS AND PERFORMANCE** Summary of the main achievements The Parish church of St Peter and St Paul continues to flourish, being financially stable and continuing to be an integral part of the village, providing support and fellowship across all ages. Sunday services are attended by approximately 160 persons. Approximately 250 people attend once a month or more. An outdoor carol service attracted around 500 people in Dec 2024. ## **SECTION E FINANCIAL REVIEW** Reserves Policy The PCC aims to keeps a reserve of £28,000 of unrestricted funds to cover obligations in the event of cashflow issues. The PCC also holds other restricted funds which may be deployed in the event of specific needs arising, for example buildings repairs. ## **SECTION F RISK REVIEW** Risk Management Policy The charity has reviewed the Risk Management Policy. The following major risks have been identified: • Safeguarding • Financial instability • GDPR The PCC are satisfied that adequate systems are in place to manage these risks. ## **DECLARATION** THE TRUSTEES DECLARE THAT THEY HAVE APPROVED THE TRUSTEES’ REPORT ABOVE. COMPLETED ON BEHALF OF THE TRUSTEES BY LYNDA FEATLEY SECRETARY DATE: 28 February 2025 P* NN14EU •LEO BOOKKEEPING SERVICES Accounts for 2024 THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST PETER & ST PAUL, MOULTON Forthe year ended 31 December 2024 Prepared by LEO Bookkeepingservites Ltd •LEO Contents BOOKKEEPING SERVICES Profit and Loss 8alance Sheet Totats for Mission and MinlstryAccounts rountsfor2024 TTrSE PAROCHNLCHLR£H£OUNCILOFTHE ECcLE￿A￿T￿LP*RISH OFSTPETER&5fpAUL PJ8e2019 •LEO BOOKKEEPING SERVICES Profit and Loss THE PAROCHIAL CHURCH COUNCIL OFTHE ECCLESIASTICAL PARISH OF ST PETER & ST PAUL, MOULTON For the year ended 31 December 2024 2023 Income Donations and L oiunta Income Indwidual GI￿n8 Income Other DonationslCharitiesTrustl GiftAid Recovered cies 113.158.34 116.092.12 7,818.29 3.496.fy) 29,66928 27,977.39 Collectlon5atse￿iCeS 4,420.53 4,145.35 EX￿￿e$- MAST Ilncomel Housing- MAsf Ilncomel Totsi tlonationsand Legacies tvoluntary Income) 6,440.11 3,197.29 7.47352 168.980.07 45￿.29 156.498.44 Nission Mini Incorne Children and Familie5 Ilncornel Youth (Weekwd away) Ilncomel ThirdA8e Ilunch clubl IlrKI)rnel Events Ilncomel finc. churth farnli ymeals. outre&h 5UPPW5etcl Open aircarolserwce Ilncomel Womens Eventsiin¢ornel Tots Ilncomel Mission Giwng Intome ReNewCafe IlncoYk7el Mens Events Ilncomel Total Mission and Mlni5trylncorne 2,469.98 4,196.3T 3552.82 4256.71 3,597.62 3.047.08 1.194.64 4,165.21 2.000.IJJ I,6￿.97 3.644.82 4.849.74 4257.53 6,040.75 42.42 657.02 22,767.67 27.6B4.59 IncomeToCoverSatsries Pension5- MAST Ilncomel Sèiaries- MAST Ilncomel Total Incorne Tocover Salaries 1634.89 3A50.90 49,864.05 53,498.94 53,419.59 57,2TO.49 Income from CharitableArtTrvities Sun(5ry Income Hire Inc(Knefrom Church Centre 1,727ll 1,223.86 1,494.75 1.216.50 Men'5fooiball Income 1576.( Fees Incorne IWeddings& FunÈJalsl Bellringing Income 8¢oks Income linc crosswayl Books Res¢wrces Incomee.& HOMÉ 8rp materials Total Incomefrom CharitableActivities 8,712.(X) 13.592. 3Y.65 319.lyj 20. iL333.04 17,969.35 Activities forGeneratin Fundraising Income TotalActivitiesforGener3tingFynds 667_70 19.25 19.25 otherln(ome Ac￿nts[Or2024 THE PAROCHL4LCHURCH COUNCILOFTHE EcCLESthSTThLP*R15HOFSTP￿ER&5rpAul￿C￿JLT0N PJ8e3olY Profitano Loss •LEO BOOKKEEPING SERVICES 2013 Incorne from PGST Account TotslOtherlncomÈ 11,803.21 11,803.21 Income from In¥Èstment5 Intereston 8ankAccounts Total Income Investments 2.819.33 2.819.33 2,249.th) 2249. Giftday lincomel GIft￿d fTom Gift Day Bantama DonatiorLS income 10.178.85 IL.476. 2.874.08 2,320.25 Total Inttsrne 275.064.28 287,29).58 Expenditure OtherEx enditLEre- Church kthities Diocese Parish Share 64,435.78 87,OIL.80 D￿)￿san FeeslQl. Q2..1 Total Diocese 93. 4.658.fJO 91.679.80 6&028.78 Sala Costs SalariesE¥pense- MAST Pension5 Expense- Church Pensions Expell5e- MAST Salaries Expense-church Total Saiarycosts 49,864.05 6.507.04 2.169.70 1.907.32 3.634.89 3,472.91 26.0&8.14 81.736.78 25,711.02 71,598.29 Mlssion and Min Third Age Expenses Events Expenses linc churchfamitymeal% oUtre￿h ￿pper5etc) Mens EventsExppmses ReNÈwCafe Expenses Children & Families Expnses Pa5tordl C3re Expenses Womens Events Expenses Open aircarol servio Expenses TotsExpenses Youth Expenses Totsl Mission artd Ministry Exper￿ Expenses 1392.70 1.716.24 I.1(￿.52 4,342.80 377.83 279.70 25.10 2525.32 3.342.92 165 3J86.36 287.57 020.16 5,871.19 2573.32 2,190.06 7J5l.11 25333.32 3,689.91 21.749.14 Other EXpen￿s-MAsT Men's football Exper Books Resources Expense5e.g. Hemegrp malerta Bellringing ExpEnse5 Total Othèr 5071.79 2,525.22 60&(NJ 699.76 285.64 21.13 6￿92.68 31&80 3,730.66 TotalOtherExpenditure. ChurchActI￿tieS 181,691.56 191,757.89 mlnistrativeC05ts Church &ServiceRuonln At¢Dunt5for2024 THE PAROCHL4LCHURCH COUNCIL OF THE EC£LE￿lpARl9l0F5fPETER•SrPAUL.￿0ULT0H 4of9 PTofitand L055 •LEO BOOKKEEPING SERVICES 2023 Workingexpensesofclergy Repairslmaintenanteto Church Buildtngs Running Cosrsofchurch Office Rvnning C05tsolChur£h &Jilding& Church services TotaiChurth& Service Runninzcosts 1010.77 1,785.98 2.095.89 3,999.97 5.438.63 4,351.18 16.936.10 26281.39 10,756.73 20￿93.86 Church Centre Cost5 RÈpairslMaintenance to Church centre Runningcosts of Church Centtp lincdeanin& insuran￿> Totsl Church CentreC05ts 3A40.73 2.085.97 17.3%.63 20,797.36 22,939.11 25,025.08 OtheT Expendtture 8ank Fees Bankchar Y6.87 557.50 Total Bank Fees $46.87 557.50 Accountanc Bookkeeping& accounts pr(M1u(ti Externèlexamination lee fotslAccountancy 3,895.20 4,584.94 740. 4￿35.20 1944.001 3.640.94 eryditureon CharitableActivitie5 Tithe Fund IGDiingto Gctji Mission Gi¥ing ExperL5e Giwingto ovefse35 mission Giving to MAST IGlèbèl Bantatna Donation Out 23,552.78 3,095.10 2,458.50 220.( 894.39 Total Expenditvreon CharitableAcb¥ities 15,894.39 29.326.38 OthefAdmin Costs Miscellaneous Expenditure WeddinBsand Funerals Housingcosts IHoT5ewell Courtl Visitlngspeakerscosts Depreciation Yrainingcourses Total OtherAdmin Costs i.OOD.IX) 1,288.40 1050. 3,277.96 6,042.57 1,872.10 651.81 325.77 4,003.34 3.625.65 808.80 14J56.52 724.80 11,114.68 Total oiherExpendilure 35,432.98 44.639.50 Total Administrativ• Costs 82￿11.73 9).558A4 Total Expendiiurt (264,203291 I2$5￿16.33% Operating SurpluslDeficit iOW.95 1.974.2S Accourt5for2024 THE PAROCHIALCHVPOICOUNCIL OFThE EcCLESLASFlfALPARI￿0F￿rPETER￿SrpAVL.m￿jlTQm pa￿50r* •LEO BOOKKEEPING SERVICES Balance Sheet THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF ST PETER& ST PAUL, MOULTON As at 31 December 2024 31 DEC2024 Assets Bank BufferAccount 27,844.41 HerltageAccount Main CurrentAccount 2,595.78 14.285.73 L,384.57 MissionAccount Pettycash Total Bank 20.00 46,130.49 CurrentAssets Accrued Income 3234.22 C8F- Charities 4,008.47 CBF- Dorothy Eynon Fund Account C8F- Moulton Capitsl CBF- Restoration Accwnt 3,156.60 38.81 40.598.03 Prepayments Total CurrentA55ets 837.18 51.873.31 Fixed Asset5 Fi¥edA5sets-Computetsand Equiprnent LESS.. kcumulated Depreciation on FixedA55ets Total Fixed Assets 26018.38 I17.￿.66) 8W.72 Non4urrentA55ets Hor5wellCourt Property Total N¢￿-C￿VreAtknts 265.0￿.[ 265,0(K). TotslA55ets 371￿53.52 Liabilities CurrertLlabibties Accounts Pay3blÈ Accrua15 TotslCurrentLkibilities 14).80 23.440.15 23,630.95 Total Liabilities 23.630.95 NetLssets 348222.57 Cur￿nt¥ear Earning5 Restricted Funds 10,860.99 44,628.00 Retained Earnings Revaluation leserve L.487.49 40,W).OQ k¢ountsfDr2024 THEPIKKHIALCHVR£H COUNCILt%THE ECCLESiWICAiP•J115H trST PEIER& 5fpAUL MOIJITON Page6of Y BalancE sheet •LEO BOOKKEEPING SERVICES 31 DEC1014 Unrestricted Funds 251,246.09 Total Equity 348.222.57 oum51or2024 PAROCHI*&CHLSKHCOJtr4CILOFTHEECCLfgASTIcAIPAg￿ (f STPEfER& sfpAUL.MIJULTON PJ8e7ofY •LEO BOOKKEEPING SERVICES Totals for Mission and Ministry Accounts THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OFST PETER & ST PAUL, MOULTON Forthe year ended 31 December 2024 24 l. Children and Families Total Children and Families Ilncomel Children & Families Expe￿eS T¢ttsl Chlldfen and FamiliesTotsl 2,469.98 12,525.321 155.341 2024 2. Youth Youth (Weekend away) Ilncomel Youth Expenses TotslYoLrth 4,196.37 17.151.111 12.954.741 3. Third A Third Age Ilunch clubl Ilncornel Third Age Expenses Total ThirdA8 3,597.62 12392.701 1,204.92 2ts24 4. Events Events Ilncomel linL church family meal& outreathsupper5elcl Everbts Expenses linc.- chU￿h familymeals.¢utreach suppets etcl Totsl Events 1,194.64 11.106.521 88.12 2024 S. Tots Totsllncomel Tots Expenses Total Tots 4,849.74 11573.321 2,276.42 2024 6.M3 Mens Events Ilncomel Mens Events Expenses Total K3 r12.08 13TI.831 39425 7. WBS kcowThtsfor2024 THE COUNCILOFThE ECCLÉSL45StCAL PARISHOF sfpETER&STPAu4fiouLTOII P¥e8of9 T¥taLsforllissionènd Ministrykcoutrt5 •LEO BOOKKEEPING SERVICES Womerb5 Events IlncDmÈl Womens Events Expèn5e5 Total W8S 3.644.82 13.186.361 458A6 2014 8. ReNew Cafe RÈNÈW Cale Ilncomel Totèl ReNewCafe 42.42 42.42 2024 9. Books. Resources B￿kS Resources Incomee.& HomÈgrpm3teriaLs 8ooks Resources Expensese.g. H(¥negrp materia Totsl Books Resources 20_ 1699.761 1679.761 102 10. Open Air Carol Service Open 3ircarol service Ilncornel Open airtarol senrice Expenses 2,000.tK) 16,020.161 14x120.161 Total Open Airca￿lse￿IcQ 2024 11. Fundraisin Fundraising Incorne Total Fundrassi08 667.70 fjFI.70 12. Salaries MAST Sal3rFes- MAST IlncomÈl 49,864.05 Salaries Expense- MAST Pension5- MAST Ilncomol Pensions Expense-MAST Total MAST 149A64.051 3.634.89 13.634.891 Salaries Expense-church Pensions Expense-church Tot81Salaiie5 126.068.141 12.169.701 128237.841 Accourt5f o 00 Illlllflllll 11111 2024. re(PHreff*rt8 CPwitie6 2011 (Ih8 A¢t). I rep¢xt kn rospect crf my oxaminatkn of dwrws accounts undor s8clion 145 of ts Act Commlsshjn under sedlon 145{5)(b) of the sIn￿ the charfty's gross exceeded £250.000 54)ur e￿￿Iner must k a member of a t￿Y rts18d In SedIc￿ 145 of the Aci I c(th t￿1 l am l¥JaI￿ to the exami¥otx)n I￿v$e I reach8d. Of Ihe transacti￿ts that we rthiew&1 exceedwu £1.lJ)O in valuq 2PA didnl have irrffjices Llse of our rnport 71ws re[￿ is made solety to the Chari￿s trLthe& as a tK)dy, in ￿¢￿￿an￿ wlth Part 4 of the und*ken so that rri￿t stal8 to thè chaTWs trustees ItThe malth V￿ ate required to state to them in an IrK1epe￿ exalninerfs ￿port and for no olher purpose. To the fullest ext￿￿ pwmilted by Ntshi Patel 369 Welllrob• Road Northampton NN14EU Data: 2410th25 u¢("1￿