REGISTERED CHARITY NUMBER: 1133733
REPORT OF THE TRUSTEES AND
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
FOR
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF CHRIST CHURCH SOUTH OSSETT
SMH Reed Smith Limited Copia House Great Cliffe Court Great Cliffe Road Barnsley South Yorkshire S75 3SP
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF CHRIST CHURCH SOUTH OSSETT
CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
| Page | |
|---|---|
| Report of the Trustees | 1 to 5 |
| Independent Examiner's Report | 6 |
| Statement of Financial Activities | 7 |
| Statement of Financial Position | 8 to 9 |
| Notes to the Financial Statements | 10 to 15 |
| Detailed Statement of Financial Activities | 16 to 17 |
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF CHRIST CHURCH SOUTH OSSETT
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
As part of the Diocese of Leeds, within the Church of England, Christ Church South Ossett Parochial Church Council (PCC) has the responsibility of co-operating with the incumbent, in promoting, in the Ecclesiastical Parish, the whole mission of the Church – pastoral, evangelical, social and ecumenical.
The charity’s main activities
The PCC is committed to enabling as many people as possible to worship at our Church and to become part of our parish community at Christ Church. The PCC and its incumbent maintain an overview of worship throughout the parish and our services and worship put faith into practice through prayer and scripture, music and sacrament.
The incumbent and PCC seek to enable people to live out their faith within the parish community through worship and prayer, learning about the Gospel, developing their knowledge and trust in Jesus, providing pastoral care for those in the parish and undertaking and supporting missionary and outreach work. To facilitate this work it is important we maintain the fabric of the Church building and its Parish Centre complex.
Public benefit statement
In setting our objectives and planning our activities our Trustees have given serious consideration to the Charity Commission’s general guidance on public benefit and in particular the advancement of the Christian faith.
ACHIEVEMENT AND PERFORMANCE
Mission, Vision and Values
Our Mission
We exist to be and to make disciples who love Jesus as their greatest treasure, learn Jesus as their way of life, and live Jesus for the renewal of the world.
Our Vision
With the help of God, our aim is to be a Christ-centred worshipping family of radical disciples, committed to showing and telling the good news of God’s Kingdom in Ossett and beyond.
Our Values (the means by which we seek to live out our day-to-day mission and ministry) We are committed to being a church that…
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Worships joyfully
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Prays dependently
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Lives radically
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Loves extravagantly
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Thinks biblically
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Gives sacrificially
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Witnesses organically
Page 1
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF CHRIST CHURCH SOUTH OSSETT
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2024
ACHIEVEMENTS AND PERFORMANCE (continued)
Parochial Church Council (PCC)
The PCC met nine times over the course of 2024, holding its regular meetings once every two months (in January, March, May, July, September and November), with three extraordinary meetings in January, October and December. The Standing Committee of the PCC has also met regularly over the course of the year between PCC meetings to ensure smooth governance. Given its wide-ranging responsibilities, the PCC is supported by a number of Ministry Teams, each dealing with a particular aspect of parish’s mission and ministry, which meet together at Team Forum (also six times per year). These Teams are responsible to and report back to the PCC at every meeting.
Worship
Each week, Christ Church meets for worship at 10am on Sundays. The first Sunday of the month is normally All- In Worship for people of all ages. On the other Sundays of the month, volunteers lead two groups for children during the service – Explorers (for school years R-Y2) and Discovers (for school years Y3-6). In September, the church launched CCSO Youth for secondary-age children to be held twice a month, with youth assisting with the running of the services on the other weeks (e.g. laptop, PA system). Game Changers has continued meeting on Sunday evenings, regularly drawing about 10 to 12 young people from both current church-going families and non-church-going families. During the autumn term, it held its first Youth Alpha as an opportunity for the young people to explore the basics of the Christian faith.
Attendance at Sunday services has grown slightly to around 75 adults and 15-20 children. Holy Communion is celebrated on the 1st and 3rd Sundays. In addition, a smaller midweek service takes place on Thursdays at 10.15 in the Parish Centre, in which Holy Communion is celebrated twice a month (on the 2[nd] and 4[th] Thursdays of the month) to ensure that it is offered every week at Christ Church. The Thursday service is regularly attended by approximately 25-30 adults each week (about 10-15 of whom do not normally attend Sunday services). The Cornerstone prayer meeting at 9.30am on Monday mornings (launched in September 2022) continues to root the mission and ministry of the church in prayer.
As well as services on Sundays and Thursdays, we continue to be available for weddings, funerals, baptisms and/or thanksgiving services as requested. No weddings took place at Christ Church in 2024. 2 people were baptised by full immersion at Easter, and a baby was baptised in December. 9 funerals were conducted at the church and a further funeral was conducted at a crematorium, with another 6 committals/burials of ashes.
Discipleship & Evangelism
Having operated as a “Cell Church” for many years, the midweek small groups were relaunched in September 2024 as Home Church groups with an emphasis on going deeper with God, deeper in relationship to one another and deeper in service to the world. This relaunch has led to a significant increase in participation (with over 90 people part of a group) as well as the formation of new relationships within the church family.
In January, Christ Church launched another Alpha Course, which was attended by approximately 20 people, with a view to helping them explore and enter into the Christian faith (either for the first time, or at a deeper level). This was enormously successful, and enabled by a large group of volunteers from the church supporting it in several ways - from facilitating the groups to catering for our guests. There were a number of people who came to faith through the course, as well as others who started attending the church as a result of having taken part in it.
Schools and Young People
A team led by Rev. Steven Harvey has also continued to lead collective worship in four schools in the parish: Dimple Wells Infant School, South Ossett Infant School, Southdale Junior School and South Parade Primary School. The team was also boosted by the addition Kelly Wood, who joined Rowena Cottington and Rev. Tracy Shields as regular contributors.
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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF CHRIST CHURCH SOUTH OSSETT
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2024
ACHIEVEMENTS AND PERFORMANCE (continued)
Schools and Young People (continued)
In 2024, the church also hosted visits and classes from Southdale, South Parade, Dimple Well, and South Ossett Infants to assist them in the delivery of their RE curriculum—particularly in the delivery of the Easter Story. Rev. Steven Harvey continues to serve as a foundation governor for Southdale Junior School and has built up good links to support them deliver their RE curriculum including hosting a day to introduce the RE curriculum’s Big Story of the Bible, as well as themed reflections at Easter and Christmas. In December 2024, the church once again hosted Christingle services for the whole of Southdale school, which helped us interact with over 350 children and parents during the Christmas season.
Community
It is recognised that the Church exists for the benefit of its non-members, and Christ Church seeks to do that primarily by promoting the Christian faith as well as ministries of mercy (e.g. CentrePoint—a group for adults with learning disabilities). The work of the Resource Food Bank continues to serve some of the most vulnerable in our community and refurbishment of The Resource’s facilities in the Parish Centre is planned during the first quarter of 2025. In addition to these, the church premises continue to be available for community use—both as a space to hire and for social activities (e.g. Rainbows, Brownies, Shared Craft and Table Tennis).
Risk management
The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.
Financial review
Christ Church has been greatly blessed by God over the years by its ministry within the local community, its buildings and its finances and 2024 was no exception.
Total Income in 2024 was £171,743 comprising £ 138,820 Unrestricted funds and £ 32,923 of Restricted funds. Restricted funds are moneys that can be used only for specific purposes; in our case, they are moneys given to The Resource food bank plus modest grants and gifts.
Unrestricted Funds
Voluntary Income, which is moneys freely given by way of planned giving, collections at services, donations and appropriate tax recovered on them is broken down on the face of the detailed statement of financial activities on page 16 of the report. Voluntary Income in 2024 was similar to that seen in 2023.
In terms of other income, statutory fees - in the main those received from funerals - were similar to 2023 but income received from Parish Centre rents was higher than in 2023 and higher than expected.
Total Expenditure in 2024 was £179,222, comprising £145,545 Unrestricted funds and £33,677 of Restricted funds. The Expenditure figures show the cost of meeting our obligations, the biggest of which are our Parish Share £65,473, our Away Giving tithe £14,394 (10% of our Income) i.e. the amount given to charities, and the cost of running the Parish Centre £19,175.
On the face of it, an Operating Deficit of £6,725 re Unrestricted funds is disappointing but when one bears in mind a depreciation cost of £3,586, the planned cost of replacement windows and the installation of heat pumps in the Parish Centre £11,743, together with a substantial boundary wall repair costing £5,595, the outcome was deemed satisfactory. It should be noted that we paid the full amount of Parish Share requested by the Diocese.
Restricted funds
The Resource had Income of £32,923 including grants from Wakefield Council totalling £8,508 and Expenditure of £32,657 giving a surplus of £266. All funds of the Resource are Restricted funds as they are given specifically for the work of the food bank.
Balance Sheet
The balance sheet (page 8) shows all our assets and liabilities with further detail in the notes on pages 10 to 15. Of note are the Unrestricted bank balances at the end of the year - £123,326, and Restricted bank balances - £51,411 - (mainly Resource plus parish weekend bank balances).
The substantial bank balances have been gained from significant legacies and surplus income.
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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF CHRIST CHURCH SOUTH OSSETT
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2024
2025 Budget
A budget for 2025 was presented to the PCC meeting in November 2024 based on a forecast at that time of 2024 outturn figures. The budget showed an operating surplus of £1,146 having allowed £10,000 for further planned improvements to the Parish Centre building.
Acknowledgements
Thanks are due to Julie Morrisroe, Accountant; Paul Houghton, Covenants Officer; and Heather Drayton, managing the Parish Centre lettings for their hard work and commitment throughout the year.
Thanks also to Stuart Reed of SMH Reed-Smith for carrying out the Independent Examination of our accounts.
Reserves policy
The charity's free reserves, excluding fixed assets, at the year end were £130,072.
The PCC feels it needs to ensure it has sufficient unrestricted moneys to meet its ongoing regular needs plus some for unforeseen emergency needs. In the light of the most recent financial activity, it considers an unrestricted reserve equivalent to three months expenditure, approximately £30,000, would meet these needs.
The Church has plans for ministry initiatives that will require funding and, also, is aware of a number of maintenance issues and is conscious too that the original part of our Parish Centre is an old building in need of regular maintenance and upgrading. As foreshadowed in the previous year’s accounts, a programme of replacing some of the wooden windows in the Centre and improvements to the heating system has begun and will continue in 2025. Also, it is thought that the main heating boiler in the Centre is close to life expiry and its replacement is being planned.
It is felt that these improvements can be funded satisfactorily from our unrestricted reserves.
STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document
The charity is controlled by the Church of England Measures, the Parochial Church Councils (Powers) Measure 1956 as amended and the Church Representation Rules.
Method of recruitment and appointment of trustees
The trustees of the charity are the PCC members who are appointed in accordance with the Church Representation Rules.
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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF CHRIST CHURCH SOUTH OSSETT
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 DECEMBER 2024
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Charity number 1133733
Registered and principal address
Vicar Lane Ossett Wakefield West Yorkshire WF5 0BE
Trustees
Rev. Steven Harvey Priest in Charge and Chair Graham Nutter Treasurer Helen Berry Secretary Christopher Cowlishaw Secretary Christopher Petrie Beverly Cadman Jacqueline Searle Warden Janet Nash Warden Heather Drayton Warden Rev. Andrew Griffin Associate Priest Thomas Smith Jennifer Phelan Gareth Phillips Peter Moore Jeanette Burkey Anna McKann Charlotte Roberts
Resigned May 2024 Appointed May 2024 Resigned May 2024
Resigned May 2024 Appointed May 2024 Appointed May 2024
Reappointed May 2024
Reappointed May 2024 Appointed May 2024
Independent Examiner
Stuart Martin Reed FCCA SMH Reed Smith Limited Copia House Great Cliffe Court Great Cliffe Road Barnsley South Yorkshire S75 3SP
REFERENCE AND ADMINISTRATIVE DETAILS Bankers
National Westminster Bank plc 27 Effingham Street Rotherham South Yorkshire S65 1AU
Approved by order of the trustees on 12 April 2025 and signed on their behalf by:
Rev Steven Harvey - Trustee
Page 5
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF CHRIST CHURCH SOUTH OSSETT
Independent examiner's report to the trustees of The Parochial Church Council of the Ecclesiastical Parish of Christ Church South Ossett
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 December 2024.
Responsibilities and basis of report
As the charity's trustees 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 your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.
Independent examiner's statement
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
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accounting records were not kept in respect of the Charity as required by Section 130 of the Charities Act; or
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the accounts do not accord with those records; or
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the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).
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.
Stuart Martin Reed FCCA
SMH Reed Smith Limited Copia House Great Cliffe Court Great Cliffe Road Barnsley South Yorkshire S75 3SP
12 April 2025
Page 6
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF CHRIST CHURCH SOUTH OSSETT
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2024
| Unrestricted fund Notes £ INCOME AND ENDOWMENTS FROM Voluntary income 2 118,566 Church activities 19,004 Investment income 4 1,250 Total 138,820 EXPENDITURE ON Church expenses 58,028 Church activities Promoting, in the ecclesiastical parish, the mission of the Church 87,517 Total 145,545 NET INCOME/(EXPENDITURE) (6,725) RECONCILIATION OF FUNDS Total funds brought forward 320,179 TOTAL FUNDS CARRIED FORWARD 313,454 |
Restricted fund £ 32,923 - - 32,923 1,020 32,657 33,677 (754) 52,165 51,411 |
31.12.24 31.12.23 Total Total funds funds £ £ 151,489 162,936 19,004 13,548 1,250 673 171,743 177,157 59,048 34,577 120,174 116,484 179,222 151,061 (7,479) 26,096 372,344 346,248 364,865 372,344 |
31.12.24 31.12.23 Total Total funds funds £ £ 151,489 162,936 19,004 13,548 1,250 673 171,743 177,157 59,048 34,577 120,174 116,484 179,222 151,061 (7,479) 26,096 372,344 346,248 364,865 372,344 |
|---|---|---|---|
| 177,157 | |||
| 34,577 116,484 |
|||
| 151,061 | |||
| 26,096 346,248 |
|||
| 372,344 |
The notes form part of these financial statements
Page 7
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF CHRIST CHURCH SOUTH OSSETT
STATEMENT OF FINANCIAL POSITION 31 DECEMBER 2024
| Unrestricted fund Notes £ FIXED ASSETS Tangible assets 8 186,521 CURRENT ASSETS Debtors and prepayments 10 6,381 Cash at bank and in hand 123,326 129,707 CREDITORS Amounts falling due within one year 11 (2,774) NET CURRENT ASSETS 126,933 TOTAL ASSETS LESS CURRENT LIABILITIES 313,454 NET ASSETS 313,454 FUNDS 13 Unrestricted funds Restricted funds TOTAL FUNDS |
Restricted fund £ - - 51,411 51,411 - 51,411 51,411 51,411 |
31.12.24 Total funds £ 186,521 6,381 174,737 181,118 (2,774) 178,344 364,865 364,865 313,454 51,411 364,865 |
31.12.23 Total funds £ 190,107 7,633 181,788 189,421 (7,184) 182,237 372,344 372,344 320,179 52,165 372,344 |
|---|---|---|---|
.
The trustees acknowledge their responsibilities for
(a) ensuring that the charity keeps accounting records that comply with Section 130 of the Charities Act 2011 and (b) preparing financial statements which give a true and fair view of the state of affairs of the charity as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of the Charities (Accounts and Reports) Regulations 20028, so far as applicable to the charity.
The notes form part of these financial statements
continued...
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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF CHRIST CHURCH SOUTH OSSETT
STATEMENT OF FINANCIAL POSITION - continued 31 DECEMBER 2024
The financial statements were approved by the Trustees and authorised for issue on 12 April 2025 and were signed on their behalf by:
Rev Steven Harvey - Trustee
The notes form part of these financial statements
Page 9
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF CHRIST CHURCH SOUTH OSSETT
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' and the Companies Act 2006. 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.
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.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Parish Centre - Nil Organ & capital improvements - Over 7 years
Taxation
The charity is exempt from income tax and capital gains tax on its charitable activities. The charity is not exempt from VAT which is included in the cost of those items to which it relates.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
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.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
Hire purchase and leasing commitments
Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease.
continued...
Page 10
THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF CHRIST CHURCH SOUTH OSSETT
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2024
2. VOLUNTARY INCOME
| Tax Efficient Planned Giving Collections at Services All other giving and voluntary income Lunch club, coffee, Little Rascals group The Resource Gift Aid / Tax Recovered Grants 3. GRANTS Bishop’s Development Fund Wakefield Metropolitan District Council 4. INVESTMENT INCOME Interest receivable |
31.12.24 £ 85,597 10,136 1,502 - 32,923 21,331 - 151,489 31.12.24 £ - - - 31.12.24 £ 1,250 |
31.12.23 £ 86,486 11,401 1,820 1,019 27,828 20,986 13,396 |
|---|---|---|
| 162,936 | ||
| 31.12.23 £ 1,500 11,896 13,396 31.12.23 £ 673 |
5. 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
The charity trustees claimed expenses which related to travel and telephone expenses.
6. STAFF COSTS
The average monthly number of employees during the year was as follows:
| 31.12.24 | 31.12.23 | |
|---|---|---|
| Administration support | 1 | 1 |
| 1 | 1 |
No employees received emoluments in excess of £60,000.
continued...
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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF CHRIST CHURCH SOUTH OSSETT
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2024
| 7. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted Restricted fund fund £ £ INCOME AND ENDOWMENTS FROM Voluntary income 120,712 42,224 Church activities 13,548 - Investment income 673 - Total 134,933 42,224 EXPENDITURE ON Church expenses 30,194 4,383 Church activities Promoting, in the ecclesiastical parish, the mission of the Church 85,917 30,567 Total 116,111 34,950 NET INCOME/(EXPENDITURE) 18,822 7,274 RECONCILIATION OF FUNDS Total funds brought forward 301,357 44,891 TOTAL FUNDS CARRIED FORWARD 320,179 52,165 8. TANGIBLE FIXED ASSETS Parish Organ/capital Centre improvement £ £ COST At 1 January 2024 183,038 25,105 At 31 December 2024 - - At 31 December 2024 183,038 25,105 DEPRECIATION At 1 January 2024 - 18,036 Charge for year - 3,586 At 31 December 2024 - 21,622 NET BOOK VALUE At 31 December 2024 183,038 3,483 At 31 December 2023 183,038 7,069 |
Total funds £ 162,936 13,548 673 |
|---|---|
| 177,157 | |
| 34,577 116,484 |
|
| 151,061 | |
| 26,096 346,248 |
|
| 372,344 | |
| Totals £ 208,143 - 208,143 18,036 3,586 21,622 186,521 190,107 |
continued...
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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF CHRIST CHURCH SOUTH OSSETT
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2024
| 10. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 31.12.24 £ Debtors 4,499 Prepayments 1,882 6,381 11. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 31.12.24 £ Creditors - Accruals 2,774 2,774 12. LEASING AGREEMENTS Minimum lease payments under non-cancellable operating leases fall due as follows: 31.12.24 £ Within one year 680 Between one and five years 1,133 1,813 13. MOVEMENT IN FUNDS Net movement At 1.1.24 in funds £ £ Unrestricted funds General fund 320,179 (6,725) Restricted funds Parish Weekend The Resource BDF – Youth Group BDF – Media Centre 2,376 48,600 1,019 170 - 266 (923) (97) TOTAL FUNDS 372,344 (7,479) |
31.12.23 £ 5,882 1,751 7,633 31.12.23 £ 102 7,082 7,184 31.12.23 £ 680 1,813 2,493 At 31.12.24 £ 313,454 2,376 48,866 96 73 |
|---|---|
| 364,865 |
continued...
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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF CHRIST CHURCH SOUTH OSSETT
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2024
13. MOVEMENT IN FUNDS - continued
Net movement in funds, included in the above are as follows:
| Incoming resources £ Unrestricted funds General fund 138,820 Restricted funds Parish Weekend The Resource BDF – Youth Group BDF – Media Centre - 32,923 - - TOTAL FUNDS 171,743 Comparatives for movement in funds At 1.1.23 £ Unrestricted funds General fund 301,357 Restricted funds Parish Weekend The Resource BDF – Youth Group Leeds DBF Winter Bills Grant BDF – Media Centre 2,376 39,443 1,072 2,000 - TOTAL FUNDS 346,248 Comparative net movement in funds, included in the above are as follows: Incoming resources £ Unrestricted funds General fund 134,933 Restricted funds Parish Weekend The Resource BDF – Youth Group Leeds DBF Winter Bills Grant BDF – Media Centre - 39,724 500 - 2,000 TOTAL FUNDS 177,157 |
Resources Movement expended in funds £ £ (145,545) (6,725) - (32,657) (923) (97) - 266 (923) (97) (179,222) (7,479) Net movement At in funds 31.12.23 £ £ 18,822 320,179 - 9,157 (53) (2,000) 170 2,376 48,600 1,019 - 170 26,096 372,344 Resources Movement expended in funds £ £ (116,111) 18,822 - (30,567) (553) (2,000) (1,830) - 9,157 (53) (2,000) 170 (151,061) 26,096 |
|---|---|
continued...
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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF CHRIST CHURCH SOUTH OSSETT
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 DECEMBER 2024
13. MOVEMENT IN FUNDS - continued
A current year 12 months and prior year 12 months combined position is as follows:
| Unrestricted funds General fund Restricted funds Parish Weekend The Resource BDF – Youth Group Leeds DBF Winter Bills Grant BDF – Media Centre TOTAL FUNDS |
At 1.1.23 £ 301,357 2,376 39,443 1,072 2,000 - 346,248 |
Net movement in funds £ 12,097 - 9,423 (976) (2,000) 73 18,617 |
At 31.12.24 £ 313,454 2,376 48,866 96 - 73 364,865 |
|---|---|---|---|
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 Parish Weekend The Resource BDF – Youth Group Leeds BDF Winter Bills Grant BDF – Media Centre TOTAL FUNDS |
Incoming resources £ 273,753 - 72,647 500 - 2,000 348,900 |
Resources Movement expended in funds £ £ (261,656) 12,097 - (63,224) (1,476) (2,000) (1,927) - 9,423 (976) (2,000) 73 (330,283) 18,617 |
|---|---|---|
14. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 December 2024.
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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF CHRIST CHURCH SOUTH OSSETT
DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2024
| 31.12.24 | 31.12.23 | |
|---|---|---|
| £ | £ | |
| INCOME AND ENDOWMENTS | ||
| Voluntary income | ||
| Tax Efficient Planned Giving | 85,597 | 86,486 |
| Collections at Services | 10,136 | 11,401 |
| All other giving and voluntary income | 1,502 | 1,820 |
| Lunch club, coffee, Little Rascals group | - | 1,019 |
| The Resource | 32,923 | 27,828 |
| Gift Aid / Tax Recovered | 21,331 | 20,986 |
| Grants | - | 13,396 |
| 151,489 | 162,936 | |
| Church activities | ||
| Statutory fees (Leeds DBF) | 5,100 | 4,965 |
| Gross income from trading | 13,904 | 8,583 |
| 19,004 | 13,548 | |
| Investment income | ||
| Interest receivable | 1,250 | 673 |
| 1,250 | 673 | |
| Total incoming resources | 171,743 | 177,157 |
| EXPENDITURE | ||
| Church activities | ||
| Mission, giving and donations | 14,394 | 13,228 |
| Lunch club, coffee, Little Rascals group | 1,137 | 755 |
| The Resource | 32,657 | 30,567 |
| Diocesan parish share contribution | 65,473 | 66,051 |
| Salaries, wages and honoraria | 6,094 | 5,527 |
| Clergy and staff expenses | 419 | 356 |
| Church expenses | ||
| Mission and evangelism costs | 7,990 | 4,692 |
| Church running expenses | 8,009 | 6,197 |
| Independent examination | 1,200 | 1,229 |
| Church utility costs | 7,345 | 4,845 |
| Cost of trading (Parish Centre) | 19,175 | 14,028 |
| Parish Centre upgrade costs | 11,743 | - |
| Carried forward | 175,636 | 147,475 |
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THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF CHRIST CHURCH SOUTH OSSETT
DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2024
| 31.12.24 | 31.12.23 | |
|---|---|---|
| £ | £ | |
| Other expenditure | ||
| Brought forward | 175,636 | 147,475 |
| Depreciation | 3,586 | 3,586 |
| 179,222 | 151,061 | |
| Total resources expended | 179,222 | 151,061 |
| Net (expenditure) / income | (7,479) | 26,096 |
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