The Abbey Church of St. P¢ler and Si. Paul Dorehesier-on.Thames Al Annual Report and Financlal Statements of the Parochlal Church Councll For ihe year ended 31 D¢¢ember 2024 Rector.. Revcrend Jane Wtllis, MA The Rectory Dorchester-on-Thame5 Wallingford Oxon OX107HZ Bankers,. Borclays Bank plc Leicester LE87 2BB Independent Ex#mlntr: Mr J Prcsion AC'A, BFP, CTA Villars Hayward LLP Chartcred Accountants Chartered Tax Advisers and Staiutory Auditors Boston House Henley on Thames RG9 IDY Saniander plc Booile Mcrseyside L30 4GB Dor¢hester Abbey Parochial Church Council Annual Report and Financial Statements of the Parochlal Church Councll Index Thisices Report......... R¢f¢yence and Admini$tyaiiv¢ Inforni81ion..... s￿IciUre, Oovernance 8md Mana8en)eni.......,.................................................................................................................,..................................,................. Comrnl¢iees.......................,............................,.................................. Th¢ Siandin8 Comnuii¢¢......,........................................................ Churth Aiiendancc.,...,......... Ai'm and Purpo$¢s.................,...,............. Objeciive$ ond A¢iivliSes.,....,..,.........................,.....,....,,....,.........,.......... Achieving Ourobjeciives................ Le&ding the Church Communliy.. StnJ¢iur¢, Govemom¢¢, and Mana8¢m¢ni...............................,.. ... Lelding the Church Communiiy.. Vision and Mis$ion...............................,....... sk A55e$sm¢rJl & sare8u￿￿'n8....... C4re and U5¢ of Buildings......... in4n¢io1 Review.,,.................,...,................,...............,...,...........,...........,.....,...................................... R¢wn of the IndcpeThdent Exwniner ¢0 the Members of the Pgxochial Church Council of Dor¢h¢5¢¢r Abbey............-. -........... .... ...... Siaiemeni of Financial A¢(ivi¢i¢s,,.........................,.......................... Balanc¢ Sheei Notes 10 Ihe Finucibj SIMemeni5.......................................................................................................................... 10 12 Dorchester Abbey Parochial Church Councll Trustees, Annual Report for the year ended 31 December 2024 Trustees Report The Parochi$l Church Council (PCC) presents its Annual RetxTrrt foT the year endc4131 December 2024. Reference and Adminlstratlve Informatlon The PCC is registered with the Chariiy Commission, regisiered number 1133787. Th¢ trustees, members of the PCC. ai the time of ihis r¢porf, were as follows: Name Basls of a olnlmtnl: Rosl ed durln the od: Recior Ex.officio Alexa Jolinson- A ri12024 Dan Johnson- A ri12024 Sall Bcll Nick Forn)an Sic l) ForniArt Sandic Griffith Malcolm Lu¢as Susan Lucas Caiherine Paul Jail Rimmer Gail Thomas )ane Tudor Richard Tudor Richard Winslet Elected Blecied Elecl¢d Deane Elecled Elecled Elecied Ele¢led- A Elected Elected- A ri12024 Elected- A ri12024 Dcane nod Re resentative rcAsureT S nodRc rc5cnlaliv¢ Chiirchw￿den ri12024 ChuTchwarden Dorchester Abbey Parochlal Church Council Trustees, Annual Report for the year ended 31 December 2024 (Continued) Structure, Governance and Management The PCC has been fornied under ihc PamchiAI Chur¢h Council (Powers) Mc&surc 1956. PCC members are recjuiied in a number of ways. Thc clergy, churchwardcns and lh¢ treasurer are members by virttje of Iheir office. Deanery Synod repTeseniaiive$ are elteted by the annual parochial church meeting IAPCMI Ind hold office for three ye8rs. Oiher members of ihe PCC tsre elected aThnttAlly at Ihe APCM. Th¢ PCC makes ail decisions eorporately excepi thai the Sianding Committee h&$ dele8aied powers to mak¢ d¢¢isions b¢tw¢cn PCC m¢ctsng$ subj¢¢t to ke¢pin8 the PCC infomied as fully as n¢ce&$ary. The members of the PCC are responsible for keeping propcr RccounliD¥ records iliai di5c105¢ with Tcasonible a¢¢urAcy ui any time the financial posiiion of the PCC And whi¢h ¢nablc Ihetn 10 ensure that Iht financial siitcm¢nl$ cornply with the Cl)ariiies Ac(2011, Ihe Accouniing polici¢5 $¢1 out in nol¢ I to the financial sla¢cmen¢5 and A¢¢ouniing and Rewrting by Charili¢s'. Stèiemeni of Recomjncndcd Praciice dpplicablc io ¢harilies prep￿ing thiir finRllci81 slal¢n)¢n15 in aecordatice wilh the FiDan¢ial Reporting standard applicable in the UK ittd Repbblie of Ireland {FRS 1021 Updaic Bulletin I Icffcciive l January 20161, and ihc applicable Chtsrities (Accounts and Rgport$l Regulations. They are olso rcsp0Th5ible for safe8uardin8 the asseis of the PCC and taklnB reason&ble steps for ihe prcveniion and deiecuon of fraud and oihcr inegularilies. Tlie members of ¢hc VCC are a150 rcquir¢d lo ¢n$ure that the financial statements examined by an independcnl ¢xamin¢r or audiior prior io prtsenthiion io the Annual Parocliial Church Mccling. In preparinB the finaneial staiemenis, thc PCC ￿e required to.. Seleci suiiable accouniing policies and thcn apply them ¢on3istcnlly Make judgements ELnd e&iimat¢s th31 are re&sonablt and prudeni Follow applicable accouniin8 sihndards and s(aicmenis of ￿ornMended PT#¢ti¢¢, subj¢et io any mat¢rial dcp&rturcs discloscd anol cxpl8Ln¢d in Ihc rinon¢ial 51&lcmcnts Prepare the fin•nciai ststemenis on the going ¢on¢¢m bayis unless il is in3ppropriat¢ to prc5UTne Ih&t the ch￿ilY will remain in opcroiioD. Committees The PCC operates through a number of Comrnitlees and infornial working groups. The StAndlng Commlttee Rector, Churchwardens, T1¢￿UTer, Mission Coordinator, Worship Coordinaior. Secretary, Elecied PCC Member. The Standing Commitiee meets approximately every Ihree months, shortly before PCC m¢¢iing5. 11 is emrrt)weTed to conduci the business of ihe PCC beiween ils mceiings, subjeci io any direcuons given by Ihe Council. Dorchester Abbey Parochial Church Council Trustees, Annual Report for the year ended 31 December 2024 (Continued) Church Attendance There ar¢ 122 parishion¢rs on the el¢¢ioral roll, 27 of whom are r¢siden¢ wiihin the parish. AYerag¢ atiendAnce ai re8ul4r seThices on Sundays aeross Ihe year was 64. Aim and Purposes The PCC of DorchesieT Abbey and Ihe Incumbeni 108e(Iierhav¢ the re5ponsibiliiy io promote Ihemissionof theChur¢h in the Etclesi&%ticaJ parish by stTengihening relationships with'o the Church and reachin8 Out 10 the wider com￿￿￿ty. The PCC 1$ respon$ibl¢ for the mainienance and m￿agement of adjaceni buildin85 Ihai house the Abbey Guest House, Tea Room and Museum and for using them (or the b¢sf advantag¢ (o all, ObJe¢lives and Activltles The PCC of Dorchesier Abbey Seeks io lead 0 Chureh community in Chrisrilln Mission by bein8 welcoming, engAging and in¢lu$iv¢ in lis worship, leaching and th¢ use of all ils wesources. Dorchester Abbey 1$ 8 significani historical building, and the PCC 1$ also responsible for en$uring ihii all visiiors are welcomed, appropriaiely cared for And Ihroygh Iheir wsiis learn about ils ArchiieciurAI and Christian history. A5 leaders of a si8nificani church in Ih¢ Dioce$e of Oxford Ihe PCC lakes s¢riously the Tesponsibiliiy for offerin8 a welcomin8 vertue for servi¢¢$ and ¢venlS for Ihe counly of Oxford8hire. Re8ulaT activities include worship and weleome 10 OTggnisaiions and individuAIs $e¢king io pray and its worship here and perfom)ances by Abbey 5pon5ored group% 8nd by Ihose who come io use Ihe space hcre. Raising funds io mainiAin the buildin8 #nd the ministry thai 8OCs on within repr¢s¢nis an imponani objeciive and activity in order 10 meet our purp)sc. As a church we also look ouiwards boih 10 ihe wider community And througji, our mission partners. ovcrscas. Th¢ Abbey is part of Ihe DorchesteT Tewn, and Ihe in¢umbeni holds the b¢Defiees of Dorchesier and Warborou8h in pluralily. Achieving Our Objectives Leading the Church Communlty: Struetur@ Governance and Managemenl The method of appoin¢meni of PCC members 15 set Qui in the Church R¢presentalion Rules. Ai ihe Abbey, the PCC consi515 of the incumbeni (Rector), churchw￿den$. Lieensed Clergy and ihose elccied by ihe chureh membership <¢v¢ryone on ihe Church Eleciorai Roll). The PCC is re.spon5ible for making decisions on ail malleis of genera) eortcern inclu(b'ng on how the funds of the PCC are $peDI. A Standing Commiiiee lakes ￿5￿)nSIbIlitY for decisioD making between me¢¢in8s of ihe PCC. M&l¢olm Lu¢a$ and CatheriD¢ Paul havc served as ChuT¢hwardens ¢hTOU8hout 2024, both of them being re4lecled ai ihe 2￿4 Annua] Meeting of Parishioners. We are decply graieful for all they bring io the life of the Abbey, each wilh thcir differeni gifts and skills. Sandie Griffiih has coniinucd 10 support the work of the Wardens as Worship Co-orol and itt Sch￿1$ across the Dor¢liester Team area, visiting each school Qnce a iemi unlil Ih¢ summtr. They have now iaken a pause. needing more volunieers, hopefully from acT055 Ihe wider team. Revd Jone. Rcvd Emn)a and Sue Lucas wilh Jan¢ Tudor offer a weekly Coll¢ciive Worship ai Dorchesler St Birinus Pn'mary. It's a delight 10 welcome the school inio the Abbey at thc end of each t¢rni for a concluding s¢rvi¢e. The Abbey Tea Room. with its ministry of cake, had a thoroughly 5u¢cessful year. Under ihe leadership of Sieph Forman, and with a wonderful ¢eam of volunieers the Tea Room has welcomcd thousands of vi5i(ors and r￿Sed a remarkabl¢ total of £61,998, to b¢ shttred beiweert Ihe Abbey and ou¢ward mission giving. Our Christmas Markci was again A great suc¢es5. makin8 a profit of £8.034- 8raieful thanks du¢ io all who hell￿d and especiatly to Sieph Forman for hcr remarkable organisalion which was much appreciaied by slallholders and all who cam¢. Rlsk Assessment & SAfegu8rdlng Sk assessmcni% are eatried oui for all activilie5 wher¢ (he PCC has responsibility, and they are required from hirers of the Abbey. Jon Rimrner is serving very ably a5 Parish Safeguarding Officer. DBS checks and safe8uardinE IT4iniJis ig up to date for paid employees and key volunteers. Dorchester Abbey Parochlal Church Council Trustees, Annual Report for the year ended 31 December 2024 (Continued) Care And Use of Bulldlngs Th¢ maini¢nan¢e of Ihe Abbey est8ie. ineluding the Gu¢si House ttnd CIoi51Er Garden along with the Abbey itself, is a significani responsibility. This year we have undertaken major r¢stQT&lion works lo our tower ¢lo¢k. which involved ils complete removal 10 the workshops of The Cumbria C1￿k Companyi and then lis reinsiillaiion. Oiher Works have included the iniroduction of an inieTcom io the Nonh lower door Icnabling saf¢ access for kllring¢TS), th¢ clearing #nd r¢de¢oralinB of th¢ upsi¥irs ond hau. stairs 8nd14ndinB of No 8 Manor Fami Road and re-roofin8 Ihe shedlsiudio outside No 8. A eonsiderable amount of invesii8a¢ion work in prtPAfAlion for the fuiure has also been undertaken, including.. an accessibiliiy audil, a diocesan energy Audit, a laser 5vrv¢y of lh¢ Abb¢y aDd thc grounds. a dra>nag¢ survey to idcntify any issues, planning for improvemenls 10 ioilei provision and enquiries about possible provision of a ielecoms mast in the tower. We are hugely 8raieful io Fabric Coordinaior Ri¢hard Tudor for his ov¢rsight of th¢5¢ WOTks. along with Nick Forman. We are 8raicful 100 10 the Gieen DOTS foT their car¢ of Ihe Abbey grounds. We coniinuc 10 be immcnsely 8rai¢ful for lh¢ faiihful suppon of ih¢ Friends of Dorchester Abbey tsnd 10 Ihe Beauforest Society. This year Ihey contributed £IO,OCQ iowards the rcstoraiion of our lower clock and £2,618 iowards the gArdcn fund. Flnanclal Revlew The Abbey received and TecoTded 4 sigfiifi¢int b¢qu¢si dyring 2023 of approximAiely £1.020.(KJO, whlch has been recognised in full in Ihese financial siatemen¢s. This is ai the same lime an opportunity and si8nificani responsibiliiy for lh¢ PCC. The PCC 5thn¢d a proc¢ss of deiemiining the vision for thc Abbey (or ¢h¢ ¢orning years and this pr(x¢ss will inforTn dccisions on how lo us¢ th¢ very generous Ic8aey. In early 2025 the execuiors of the csia(e advised Ihe PCC ihai Ihe exp¢cled value of thc bequesi wgs lower than their ori8ino1 ¢Slimaie and so ihcre is an adjusimeni of £28,OCx) in Ihe 2024 accounls. Thc financial siatcmenis show a surplus for Ihe year of £15,03912023.' surplu5 of £1,027,296) ￿fore unr¢alised gains (£16,014 including unreaiised gains). There was ¥ surplus o( £13.110 (2023 surplus of £1.017,611) on unrestricied funds. DesignAied funds have a surplus of £3,923 after tr8115f¢rring £32.500 (rom General Reservts. before unrealised gains12023.' surplus of £5,995) in Ihc yCAr. Wiihoui the tran5fcr ih¢r¢ wa$ a deficit of £28,577 ¢ieluding urhrealised gains. There was a dcficii on restricted fund5 of £1.994 (2023.. surplus of £3,690). arising fvom spending the 2023 donaiions for Ihe rep9ir of Ihc ¢lo¢k. The Trusttts have considcred the PCC'S fIn￿Gla] C]￿umStanCeS when pr¢paTin8 th¢ fin&ncial $18tements &nd have assessed thai ihe PCC continues lo be a going concern. During the ye&. £32,5(K) w8S transf¢rT¢d from Unre51ri¢t¢d Rc$¢rvcs to Fabric Reservcs which means Ihai Fabric Rcscrvcs are £80,931. The PCC consideTS ihai Fabric Reserves should bc appToximal¢ly £80.0(Kl lo enable It lo mtei emergency expenditure needs for Fabric relaied iiems. Th¢ PCC reviewed lis reserves policy and Slill considers ihai Ihe parish should ideally hold gencral rtserves equivalent 10 ai least six monihs eKpendiiure. The current level of unrestti¢t¢d fcsetves {excludhn8 th¢ appTOX. £lm legaey) is £121.886, which is approximaicly cight months. expendiiute. Dorchester Abbey Parochial Church Council Trustees, Annual Report for the year ended 31 December 202A (Continued) Approved by the PCC and signed on its behalf by Reverend Jan¢ Willis. MA Chair 10 MaJch 2025 Report of the Independent Examlner to the Members of the Parochial Church Councll of Dorchester Abbey For the year ended 31 December 2024 I report to the trustees on my exAminaiion of dic a¢counis of th¢ fin￿¢la1 s¢)i¢menis of die Partschioj Church Council of Dor¢hest¢r Abbcy for thc yebT ended 31 De¢emb¢r 2024 which aT¢ S¢104Jt on pages 10 10 18. Re$ponsibllIil￿ And bLqls of report As Ihe Cliarily ttwsice5 of th¢ Trusi you Tesponsible for the preparAiion of Ihe accounls in accordance wilh th¢ r¢quiT¢m¢nis of the ChAriiies Aci 2011 I'ihe Aci,). l T¢POrt in resp¢¢i of my ¢x8minoiion of Ihc Thsi's accoun15 carried out under 5. 145 ofih¢ 2011 A¢1 and in carryiiig oui my examination I have followed 411 Ihe Applicable Direciions given by Ihc Chllrily Comn)ission urtder %. 145151{bl of the 2011 Aci. IDd¢p¢nd¢nl exAmlnor'8 at&ttment hivc complcicd Iny ¢xarninauon. l eonfitm thai no moicrifyi Inaiiers have com¢ io my )¢l¢niion in ¢opneciLon with the ex￿nIna1]0￿ givin8 me CAu$e 10 believc 11181 in ony maicrial respeci.. 111 ac¢ountln8 records weie not kept In respert of the Trvst as requlred by sectlc*n 130 of the Act,. 121 the accounts do not accord wlth those record5,' or 131 the accounts do not comply wlth the applltable requlremenis contornlne the lorm and content of accounts set out In the Charltles (Aecounts and Reporisl Re8ulatlons 2008 other than any requlremcnl that tho ac¢ountS Blve a'true and lalr vlew whlch Is not a matter con51dered as part of an Independent emamlnatlon. I hovt no concerns and have come across no oihcr Inaiicrs in conncclion witli tlie ¢xllminaiion 10 which niieniion sliould bc drawn in thi5 rcpom in order 10 cnablc a proFtr undersl8ndin8 of the accoun15 10 be reached. Mr J Prcsion BFP, ACA, cfA Villars Hayward LLP Chanercd Ac¢ounlan15 Chartcred Tax Advisers and Statutory Audiiors Boston House Henley-on.ThgJnes RG9 IDY Date.. - 2025 Dorchester Abbey PaToehlhl Chur¢h Council Flnanelal statements for the perlod tnrted 31 D¢ttmber 2024 sthtement Of Finanelal Aetlvltles 2023 2024 R¢s￿¢*d F.ndnwrnent funds Uw¢51riried fonds Dc$lÈrtiie4 r¢Jnds Ele5￿cied Endowment funds funds Uthrestricted funds D￿lI￿a￿d funds Toiai Noi ToiDI In¢Mi¢ •nd tndowmtnts from: 1,103,298 114,041 43.869 8.057 1,155.224 t)on*lloni ano leskties 120,531 OtherTradin8 AttiVide8 11.IB3 lThv¢simen 66,352 28,905 5.148 IOD￿63 6.44Y) 112.968 7,223 4,613 7.532 3.065 586 57,126 1.224 871 53.424 12R6938 230,699 277 782 Exptndllure on: 7.293 RilsinB Fund$ 252,349 Chwithblc i¢ib¥iues 259.642 3,706 193,9J4 3.587 3.829 ?.83B 53,442 4,953 181,2fy) 65,369 8,276 254.905 197.fj60 S7.029 4,953 T•iil 185 089 262 7d3 1.027.211 19,twi (3.6051 1.027,296 N•¢ In¢•melOIxptndt￿11) 4S.610 (28J771 32,JCK> 11,9941 15,039 132,500) S.995 3.69D 1.027,296 3.658 Gain￿l05￿j}on invtiuntni ajwis 1.030,954 Nèimowemehl Infvn R¢¢on¢llldtlon offund$ 284h41 Tothi brought forwArd l.J15,395 Tot•1 rarrltd forword 3,923 11,9941 15.039 2.632 1.026 12113 701 274 975 8,627 1,026 4,624 11,9941 274 83,16J 128.OD5 62.365 10.900 I,IW.776 136,632 66,0S5 I.IW.776 136.632 64.061 12.206 1331.409 1Q DoTcht51er Abbey Parochial Church CouDell Flnanclal statements for the period ended 31 Deeember 20 BalaD¢t $heet *¥ )t 31 Dectmber 2024 Unrestri¢t¢d DeJlin￿d fvnds Resthc*d Endowwrtni funds fvndi Untesth¢ted funds Dui8Thiied funds R¢51ricieJ EndvwmEni funds fvnds 2023 NotEI Flxtd *sgtts 28.(M)6 41018 T*ngibit *sJets IA¥esimenu 29,322 70.340 42.JJ6 111.560 12.206 12.206 60.627 41.018 S,JlO $￿ks Ikbiors C&%h In hind aibthk Depfrsli Wilh eBP T¢i•ltUmOL•bll 5.41J 42.593 24.384 020.3JS 31.847 486.987 68 J2mO 44.669 82.717 848 2.566 41.289 19,947 270 60,46) d.4JJ 2S.037 1.246943 1248.929 Credllors.. irnountsfilllNR 39839 dutwllhln oTreye•f 28,83) I I￿)??6 25 81291 ￿3? I.207.1￿ Nel ¢urrenl4Hqts 83.167 23.043 Credllors.. *rnoyntsl*lllni 3.?69 2.538 2,SJ8 I IW.776 136632 66.055 l.J13 395 N¢1 *si¢IS 64.061 12,21AI Fund$ ofiht ¢hur¢h unres1d¢l￿ fundT l.Ifts.776 .100.776 D<5iBnaid fun4$ I.IOL7.776 136.6Y2 1.237,401 06,Q55 66,055 Rcslrtctcd funds 11,932 Ehdtswmtnt futhdi 04.061 é4,061 12.206 12.206 I IW.770 136.632 1.315.395 Tfjthl fundyofibe¢burth 141.256 12.206 I.J31.409 Apprnyed bythe Puoch&￿chVrc￿c￿UTr¢11 on 10th Much 2025 and318r￿d￿n its boh￿rtsy.' Nlek Pom￿￿ Membti Dorchtsttr Abbey P•rochllll ChuTch Coun¢ll Fln*ndil $t*tements for the ptrlod ¢nded 31 December 21124 r4(Trltt 10 Iht FIDandal Slgttmtnts i Basls of preparallon acc￿a1￿Ce wilh lh¢ Financi￿ RtpotTID8 Si8nd¥d applicEbl£ in ihBUK hnd Republic of trel¥nd IFRS 1021 bulle1j￿ I leffeciivejaTh￿gry 20161, theChvr¢h A¢¢ouThiing Resul41ions 21K)6 and the Cho￿￿¢$ Aci 2011. which Uie PCC i5 tCSWlf15ibloin law. These a¢caunis do not in¢lude the a¢¢ounts ofchuich ￿0up1 thii owe their m￿n •trJllaiion 10 ￿0th£r br￿Y nor those that •r¢Inf0rn￿ gktherinis of ehur¢h ttKmb¢rs. The PCC th¢ deftnluon of a F4Jblic B¢n¢fii EThtiiy under FRS102 and th¢ PCC¢oTh$id¢rth4L ihtre art nomaierial Uncert￿￿￿¢5 about Ih¢¢hwrch'$abiliiy 10 Continu¢ as 48osn8¢on¢crn. 2 Actounung poll¢l¢s Fund$ Un[￿IncIed fund5 ar¢ 8ener•l funds available for iho gener￿ objeciivtss of th¢chU￿h. Designat￿ funds are unresrri¢ied lunds that have been %ei &%ide by lh¢ PCC foTPa[iicul￿PurPoSt4. ResLricred fundsc¥D only bc ustd for Ihc purposes for whi¢h they hive been given, within th¢Ob)￿liVeS of th¢rhuieh. Th¢ eost of r4i51n8 and 4dminisierinB such fuMd5 u¢ehar8ed Igwnsi those specific funds. The wm of each fund 1$ ¢xplaiii¢d IAi¢r in the Notes. fndowmeni fund$ are rtstricitd funds which mu%1 be held penn￿en17Y And Ih¢¢•piiai malnialned while Ihe income is r¢5¢ri¢1ed. In¢omln& resour¢¢s All incoTrun8 Y¢5¢urces are included in Ihe SOFA when Iht ¢hur¢li b￿DIn¢$ l¢8olly entiilcd io Ihe income bnd when the omoun1¢￿ b¢quaNtif1¢41 with reasonllblec¢rwnly. Collections art rteo8nis¢d when rccelycd by or on behlifolthe PCC. P18nned 8lvin8 is ¥e¢oEnised Only when received. GranLi ènd le8aeLe$ •Th rt¢o8nl*d Assoon u the PCC be4ome5 4Wat¢ of it% leBal eniiilemeni and ihe amouni due Is quiniifloblt with rusonDble¢eniiniy, In¢om¢ lax rccovtrnble on 8ift Lid donarions is B¢¢ounitd for wben thc gift Is re¢elved, noi whcrl lh¢ w refund 15 received. When incoNn8 resource5 hAve relaicd ¢xp¢ndiiur¢ IBS wilh fundroisiTr8 income) thc iliCOTrun8 re50ur¢t5 *nd the reliied T¢50ur¢e5 expeThde4 ¥e ￿t)uni￿ forsross in th¢ SOFA. re50urtts whets ￿&vable. R¢nial incom¢ fromlctiing iheoutsi House Is iccounwd for whea li f•Jl8 due. Dkvidend5 Ind ini¢re&i drc attounied for wh¢n Ieceivublc and includ¢5 any r¢¢ovcrAble lax. RtAlised gains ￿•¢Coun1cd for on asstis held for th¢ churchs own ￿$¢ and ￿¢1*ken inLO aryouni 01 the iirrrt of SAIe. A lelicy 15 re£o8nistd when li 15 prob8bl¢ Ih$i il will beTe£elved. Resourrts exptnded Exp¢ndiiure is inelwded on an acc¥uals basi5 and is re¢o8nlsed when there is a legal or ¢￿$￿ttl¥e obllgaiion 10 pay for8oc48 orserYi¢¢s. All eo$is haye b¢cn directly 8115ibuied to thc ￿10￿$ categories within the SOFA. Any g¢ner4J 5UPPOrt eosis h4ve b¢cn all(￿ated a¢ros$4¢li￿1y¢0s1 t31egodes on a basi5¢0n$iskni with the llseof ruourte5 based on an allo¢#iion of 4¢iyal ￿515. As the ehDr¢h is noi regi$iercd for VAT, all cxpclldiiure is shown inclusiv¢ ofvAr. Governancetosis include th¢¢ostof the prepamtion ofthe annual Aeeoumts. thc¢os1 of PCC m¢¢iin8S ADd the lesal c051 of advice on 8ov¢rnlln¢¢oT¢on$uruilonal miiitrs. Gr￿1$ ￿d¢h￿lIable yvinR uc 3¢eouttied for when paid oY#or when awgrd¢l, iftheoward crea￿$ 8 bindin8 Oblig￿lOn on th¢PCC. provided thai theteAre noc0ndl￿trn3 10 be n*t teliiin8lOtht gr2nt which re￿1￿ In the control of the ¢hllrch. Flxed asstts All cdpiial expendi1￿1¢ in exces50f £500, for a 5sngl¢ itemorn group of %imilaT iiems, isetspi141i*d. DCpr￿latION isprovided on all ian8iblc fixeA 3$5e15, 31 rdie$ ¢Al¢ulwi¢d io wrireoff the eosi ¢¥enly ovei thetxpe¢ied u5¢ful ewnomie life of assets ￿ folknv5.' Fumiwre, fLiUll8S and 4U1w￿nE 3. S years. The Yamtha piano is being wrillen off over ? p¢riod of 20 years. 12 Dorrhe51erAbbèy P*roehl&l Ch￿r¢￿ Coun¢ll stslfrnfTrLsforihe ptrfod ¢ndtd JI Dec￿nber211l NtilNlolhe Statsments 2 A¢¢ouDIIIi8 poll¢ltt Icontlnutdl lrt¥esirrtn15 4r¢shownoD 31 It m¥kni vllut, le￿ISed unr¢il1s¢di￿n& shown under tiThttieco8nlstd i￿￿￿11055r5>.IKl1vn ofght SOFA. Slork S¢oEkls W￿lled￿l th¢1gwerolcosiornc¢ r￿15)b￿V￿yV. Pe¢uSon3 ￿￿(ht11¢r￿b￿ypCc Wi¢iP•*b inth¢PeDslonBullderScheme stcilonofchurch Worktii P¢fi$l￿ (CWPF)forloy iith. Th¢Sch¢rnE is wjminlsltrtdbyihechu￿h ofE￿l￿d P¢n3soni Btyud. whleh holds tho cwPPu%¢5￿P￿i¢lY I￿￿th￿sE ofiht Employtrthd th¢ utherppDJclpAung ¢m￿OyOrl. CWPFhw iWOXndolfKechLTxei Tlltphone & Iniernti O¢pre¢lili 2.455 2È.844 Z.?H5 3.976 2,455 21.144 2.7RJ 3.976 27.?10 27,780 37.477 6 si*rrcNts.Trwi¢e rnmUn*f•iion ¢Kr*nfe* The iveNi¢ nufflb¢rof Si￿reMplO)yO bytha PCC41 4dmlhliirntor5 durin8th¢ >r•rwai J,YY.uplrom S.Qln 102J. Th¢r¢wcM fwritsf(thii ￿￿r￿[ l¥Jl ￿ts[. In Ih¢¢plhltyThoftht PCC'*¢ym•thwMthi per$r￿￿OI. IhE incumbtniwhil Iif¢muThtiiledbyihediAe#. Stpflcniis Included in th¢ compdM'. Silrriei 14 HMwad&£2A,57212023.' £18.7$01 Nvffl¢mbrrnof IhvPCc￿tbYtd ihyrtmuTherni1•nlorih¢lrwOrki￿ thtPCC.Theeliryy,who•w oilltlomertthikdottcvar Dispos￿% At JI De¢¢mbry2014 JhS1 J.651 142.144 141.844 NE¢l*k￿l￿• At I j￿￿￿2014 Ai JI De(tmbtr2024 28. 29.J22 69.014 70.340 Dot¢h¥i¢tAbbty Parothlil Chur¢h Councll FSnin¢lAI Mlements forlhe perlod endrd 31 Drt*mber 2924 Nfyl+Sto thtFlh*ndal Staitjnents 9 Inv￿MeThI isst Flxed4s5eilnYutmonlS Ca￿)ing lrnuktil Val￿0￿ l JJnuary2124 Add4ddiuonb lico5tsv￿UE LJl D¢cember2024 £351 rtetlved. Re4irl¢ieO Fund b￿￿¢t$ ¢arrie4 f¢rw biouxhi R¢swicei ¢ipcnde4 r¢Joyr TrJD¥fcri Cl(Kk Fund We51 Proltct fund CviAl¢'J House Fund 16.272 46.655 292 46.947 2,148 8,276 66.055 64NI Curaie'514ous¢ ￿nd 11T¢present￿l by £5.851 i* aCBFa¢¢ouni 4nd Ihc Dor¢hui¢r PCC shpttol the prop¢rty 01£41,018 13 D&Kniled Fund fvnd bIl￿e¢S carried f¢rwaYd oughi forwllrd In¢MiinB rt50ur¢rs and 10$5 ¢ipeDde41 Trwsf¢rs FAbri¢ fvnd Museum Fvnd Memorid FllThd 0￿den Fund Btll Fund 79,989 14A80 10.337 26.054 5.772 136,632 27.733 8,969 (59,291) J2.500 80.931 237 10,574 27.074 6.416 141.256 3.455 644 40.801 12.899) 69.37B 32.5 18