The Parochial Church Council of the Ecclesiastical Parish of Bushbury Wolverhampton Also known as 1) Bushbury Parochial Church Council 2) Bushbury PCC Annual Report and End of Year Financial Statements For the year ending 31.12.2025 Registered Charity Number: 1133845 Page I
The Parochlal Church Council of The Parish of Bushbury Wolverhampton st Trustees, Annual Reportfor the year ended 31 December 202S Ob"ectives and Activities The Parochial Church Council of The Parish of Bushbury Wolverhampton {Ihe PCC} has the responsibilty of co- operating with the incumbent Rev Dr lan Poole, in promoting in the ecclesiastical parish, the whole mission of the Church, pastoral, evangelical, social and 8cumenical. The PCC is also spiritually responsible for the maintenance of the church The PCC is committed to enabling as many people as possible to worship al our church and to become part of our parish community at Bushbury Wolverhampton. The PCC maintains an overview of worship throughout the parish and makes suggestions on how our services can involve the many groups that live within our parish. Our services and worship put faith into practice through prayer, scripture, music and sacrament. Also, through nonsacramental activities of hospitality and fellowship we aim to reach non churched members ofthe communty. Public Benefit The trustees of the Charity are aware of the Charity Commission's guidance on public benefit in The Advancement of Religion for the Public Benefit and have had regard lo il in their administration of the Charity. The trustees believe that, by promoting the work of the Church of England in the Ecclesiastical Parish of Bushbury Wolverhampton, it helps to promote Ihe whole mission of the Church (pastoral, evangelistic, social and ecumenical) more effectively, within the Ecclesiastical Parish, and that in doing so it provides a bènefit to the public by.. Providing facilities for public worship, pastoral care and spiritual, moral and intellectual development, both for its members and for anyone who wishes to benefit from what the Church offers,. and Promoting Christian values and service by members of the Church in and to their communities. to the benefit of individuals and sociely as a whole. Under the Pastoral Scheme operating in the Parish, Clergy, Parish Wardens and District Wardens are by virtue of post members of the PCC. Each District Church elects 3 persons to represent them at the PCC. Each District Church eleds 2 Deanery Synod representatives who also serve on the PCC. Each new member is briefed on the roll and responsibilities of the PCC at the first meeting. In addition, the PCC has copies of'Handbook for Churchwardens and Church Councillors, as well as copies ofrelevant schemes and measures. The treasurer briefs members of their responsibilities with regard to Charity Commission. The PCC appoints a Standing Committee to deal with issues which may arise from time to time outside of the normal meeting schedule. Achlevements and Performance Mission Statement To know God and make him known. To stand still and grow in the awareness of the majesty and love of God that we might run and tell those who are outside in the cold, wherever that might be. It would be our intention to review this statement within the coming year Other Objectives To create a culture and atmosphere, which encourages and enables individuals to encounter the transforming love of God. To demonstrate together what it means to be faithful disciples. To grow in an understanding and practice of Christian community that we might influence and serve our surrounding community. To spread the growing kingdom awareness in our rnidst, by word and witness, in a way that is relevant to our local culture. To grow both in depth of maturity and numerically. To grow in our financial capacity, which will in turn contribute towards facilitating mission. Contribution of Volunteers The Parish is committed to every member ministry. This has many expressions across the Parish, and members of the Church offer their service voluntarily. Page 2
Strategies Organisational To enhance teamwork across all aspects of congregational and parish lrfe, ensuring efficiency and effectiveness through regular evaluations. To replicate and integrate this model of teamwork within the substantial involvement of lay members. To develop and streamline administrative systems to better support the operational aspects of the Parish, Ihereby releasing Clergy and Lay resources lo envision and deliver key obje¢tives. The Parish Administrator continues to be a great asset in helping to maintain this vision. Spiritual Increase enthusiasm for and time spent in prayer and worship To use off the shelf and in-house courses to understand the call of discipleship. To spend time enjoying each otherfs company first in the District Church and where appropriate across the Parish. To invite outsiders in on their terms and determine effective 'outreach' To Continue lo meet together as bolh Clergy and Lay. discerning our urgent priorities. Page 3
Servlces Available for Public Worship The lable below sets out the current pattern of services across the Parish. Occasionally seNices are organised across the parish or with other churches from across the city. week St Mary St Mary Afternoon and Evening Services St James Good Shepherd 9.00 10.30 9.45 11.00 Communion- Common Worship The Gathering with Sunday Club Healing Servi. Bimonthly rotating around the parish as advertised Memorials at St Mary's As'advertised 6.30 Service of the Word Holy Communion Communion- Common Worship The Gathertng with Sunday Club Holy Communion Service of the Word Communion- Common Worship The Gathering All Together with Communion The Gathering with Sunday Club Service of the Word Holy Communion Communion- Common Worship Holy Communion Service of the Word Communion- Common Worship The Gathering café church All Age Worship Koinonia- Café Worship Baptism Policy The Church welcomes Children for Baptism. We understand that Church and parentls) together have a responsibility to meet, so that through the Church's teaching and explanation the parenl(s) requesting Baptism understand the Sacrament of Baptism and the Christian commitment involved in the Baptismal responses. (PCC 10.02.2000). The importance of due preparation is thus emphasised and the need to demonstrate an active Christian faith, as evidenced by regular church attendance. Generally adult baplisms are by full emersion. A service of blessing is offered to all those who do not wish to undertake such a commitment, and this option is becoming more common. This policy was reviewed in the Autumn of 2016 and was affirmed by the PCC in the nd spring of 2017. (PCC 2 February 2017) Weddings and Funeral Pollcies Weddings The Church welcomes couples for marriage. We offer a Deanery based wedding preparation course. The Parish accepts the principle that there are circumstances in which a divorced person may be married in church during the lifetime of a fomer spouse. (PCC 25.05.2000) The Parish therefore follows the Diocesan Guidelines on the Remarriage of Divorced Couples in Church. Funerals Funerals constitute a very significant share of Clergy workload averaging around 200/0 of their time. They are also a vilal 'shop window, for us in Bushbury Parish. The Parish considers it a privilege to take part in this service to the community and a privilege to disperse abroad the hope we have in Christ. For every funeral undertaken where at all possible the Clergy will endeavour to see and discuss with the relatives, the funeral service. All funeral services will have three main components.. A liturgical framework in keeping with the Church of England, Common Worship Pastoral serViS. Page 4
An accurate, meaningful and positive account of the life of the de¢eased. An appropriate and sensitive sharing of the Christian faith. Following the funeral, it may be appropriate and feasible for Clergy or lay persons to visit the bereaved. However, this may not always be practical, and we recognise that it is not always welcomed. A service of memorial for the Parish is held Every 6 months at st Mary's and all those who have had a funeral service conduded by the team are invited to attend, along with those whose first anniversary it is. The Good Shepherd holds two memorial services per year on the second Sunday of May and November. St James holds one memorial service per year usually during November. Mission Activities through Community Events School Assemblies. Rev Taiwo continues to minister to Elston Hall and this ministry has flourished with several assemblies sparking enthusiasm amongst staff and pupils. Whitgreave has also opened opportunities to lead moming assembly. The school held their carol service at St Mary's which Taiwo led. Little Angels - A carers and 8abylToddler Group based at St Mary's Family and Toddlers- A carers and BabylToddler group based at St James Coffee Mornings - Based at The Good Shepherd on a Friday morning an opportunity to invite the communty into an informal gathering. New coffee morning established at Sl James during 2025 Thursday mornings 11-12 Good Shepherd Companions - An over 50's club based at the Good Shepherd on altèrnate Mondays. Oasis women's group meeting on altemate Mondays at St Marys for fellowship, activities and reflection. Carol singing in local community shops and cafés. 2025 was an opportunity to register with the national 'Shine Your Light, vision and collaborate with RCCG-ELCC a local Christian community In the light of previous success, St Mary's continued to hold BBQ'S during the yéar, free and open to the ommunrty, on the same basis a cream tea was held in the summer. Sl James held a cheese and wine evening open to church family and friends an drew a wonderful crowd. Good Shepherd held a successful multi-cultural event with a variety of food, music fun and games Good Shepherd have instigated a quarterly social evening open to all, for activities including quizzes and a Black Country night Courses, Study Groups Various expressions of 'Sunday School, operate in each church on a Sunday. The Shepherd would like to acknowledge the work of Linda from St Mary's in enhancing the Shepherds children's work Alpha course during the autumn of 2024 Confimiation classes as necessary A men's group based around breakfast and then teaching meets approximately once a month at st Mary's Hall and is open across the parish. Ladies breakfast established in July based at the Good Shepherd 5 life groups operate across the parish involving members form all three churches Worship and Prayer Events Weekly 'Waking the Dawn, prayèr. St Mary's weekly prayer on a Thursday morning St James Prayer meeting on a Thursday morning. Based at the Good Shepherd a team regularly visiting care homes with worship bible readings and prayer and fellowship Monthly home communion instigated at the Good Shepherd Page 5
One off Achievements Parish day of prayer and fasting based around the 3 churches Good Friday reflection and walk of witness from the Good Shepherd to St James via St Mary's Activities for children based at Sl Mary's over Ihe first weekend of Advent on the theme of Angels, with craft, story telling drama and refreshments open to all young people. Also engagement with schools on the theme. Achievements and Performance Stma Working to make ourselves fit for the 21 century with the help of Leading your Church into Growth. To continue to prepare ourselves to be renewed by the spirit Reviewing sunglmusical WOfShip Implementation of changes to Sunday service5. 9.00am now Common Worship with Songs and communion. The Gathering introdud. Less fomial settings lo services. Sunday Club now three Sundays per month. Communion once a month at 10.30 Continuing to develop Sunday School and Messy Church To interact more with the wider community St James,. To make the Sunday services more family and children friendly. To grow in prayer Good She herd To continue to seek an increased sense of God's presence among us To encourage seekers into a deeper revelation of what a Christian is To develop our sense of hospitality and welcome as we demonstrate the love of God. To explore ways to enable children and young people to feel a valued part of the church today and equip them to become the church of tomorrow Reserves Policy Charity Commission guidance is lo try to maintain a balance on free resetves (net current assets) which equates to at least three months unrestricted payments. This is equivalent to £33,30612024 £31,261 }.11 is held to smooth out fiuctuations in cash flow and to meet emergencies. The balance of Ihe free reserves at Ihe year-end was £51.52412024 £50,138] which is higher than this target. Funds will be either entered into unrestriGted, designated or restricted categories in the accounts depending on the requests of the donors or the will of the DCCS at each church. Where there is no immediate intent to utilise the funds, they will be transferred to interest bearing savings accounts. No new endowments have been created in 2025. The members believe primarily that the giving of the regular congregational members of each church should over the expenditure incurred. It is recognised that fundraising in some circumstances can be part of OLrtreach and supportive of the churches aims to encourage community interaction and will be considered on a case-by-case basis. The aim of each church is to ensure that a minimum of 100kn annual income is spent on home and overseas mission and details of which charities are supported is contained within the accounts of the individual churches. There have been three significant donations during the year, one to the value of £17,000 from the Will of the late Tom Mason, another of £1,500. And a third Of £1,000 These donations have been most welcome. Safeguarding The PCC believe they have fulfilled their duty under section 5 of the Safeguarding and Clergy Discipline Measure 2016 {duty to have due regard to House of Bishops, guidance on safeguarding Ghildren and vulnerable adults) Page 6
Reporting Serious Incidents A Serious Incident is an adverse event, whether actual or alleged, which results in or risks significant harm to the charity's beneficiaries, employees, office holders, volunteers or lo others who come into contact with the Gharity through its work, loss of the charity's money or assels, damage to the charity's propety or hami to the charity's work or reputation. The trustees are not aware of any Serious Incidents in the last year Fundraising The PCC takes it fundraising responsibilities seriously and is very grateful to all donors whether regular or occasional - for their support of the church and church events. PCC supporters are never taken for granted. The PCC take full responsibility for fundraising and do not use commercial organisations or professional fundraisers. All money raised is either by donations, fundraising events, special appeals or legacies for which the PCC are most grateful. Volunteers The members of the PCC would like to thank all the volunteers who work so hard to makè our Church a lively and vibrant community. Risk Management The PCC are responsible for the financial health of the Parish and legally responsible for any debts or mishandling of funds. The PCC apportion the Parish Share each year across the District Churches, on advits from the Standing Committee and District Treasurers. At each PCC meeting the Parish Treasurer reports on each district churches progress in meeting their obligations. Should a District Church run into difficulties the Standing Committee meet with District Treasurers, to assess if re apportionment of the share would be helpful and to review what other action might be considered. At each DCC meeting the District Treasurer presents an update on that Districts financial activity. Signatories to cheque books are always two persons, signed at the point of issue. No one person has access to Parish accounts or monies. The district treasurer is not involved in the verification of Sunday collection monies., this is done by an independent team. Gift Aid is verified by standing order to the bank or an envelope scheme. EaGh District Church has a Gift Aid Secretary. The PCC does not allow the District Churches to spend more than £4,000 on a single project without consent from the PCC. (PCC 10.07.08 6111) In this way the PCC can assure itself of the financial health of the District Church and that sufficient funds are available and will not lead to the PCC becoming indebted. The District Churches produce annual accounts that are presented for scrutiny at the DCC Annual meetings and are then merged lo form the PCC accounts, the official accounts of the Parish. The Parish abides by the rules as laid down by the Di0se, and as the joint accounts are over £100.000, they are independently examined. The PCC annual meeting appoints the Independent Examiner. Reputation- The PCC has responsibility for ensuring both legal and voluntary guidelines are in place. The PCC also draws up policy on several issues to ensure consislency of approach across the Parish and that everyone is dealt with fairly. Current PCC policies include Baptism, Wedding and Funeral policies. The PCC have agreed that the parish would accept the ministry of women priests. The PCC also have a policy covering fund raising, raffles and gambling. The policy with regard to fund raising was reviewed and amended during 2008 {PCC 16.10.08 611). The PCC have an agreed policy on Child Protection and has a Parish Child Protection Officèr. Each District ChurGh adheres to the policy and has appointed a local Child Protection Offir. A full review of the policy was carried out and accepted by the PCC during 2016 (PCC 20.10.16 item 8). The PCC has ado Safeguarding The Handling of DBS Disclosures The Security of Personal Infomation The Employment of Ex-offenders An Equal Opportunities Policy An Appeals and Complaints Procedure (pre appointment) Compliance with the Data Protection Act & GDPR 2018 Sickness and Absence Guidelines Discipline and Appeals Procedure Grievance Procedure ted olicies on the followin Page 7
Harassment Policy Vvhistle Blowing Policy Standardised Contract of Employment & offer letter Statutory and Legal The PCC delegates its responsibilities for the maintenance, care and safety of people and buildings in the Parish to the DCC'S. Each District Church has the following measures in place. A Quinquennial report. The report details work that should be carried out in order lo keep the church building in a fit condition for purpose. This report includes an electrical inspection. The DCC is responsible for working through the recomrnendations of the Quinquennial. Each District Church carries insurance for Iheir Church and where appropriate the Church Hall. All the District Churches are in the Ecclesiastical Insurance Group Scheme. A Health and Safety Policy and Accident Book. Health and Safety appears as an agenda item at DCC and PCC meetings. A Fire Risk Assessment Report An Asbestos Report. Each Building has had its access reviewed with regard to the Disability Discrimination Act. The Church Yard at st. Mary's has been closed to new burials since 1979. The local council are responsible for the care and maintenance of the Church Yard. St Mary's DCC and Wardens cooperale fully lo ensure a safe environment. Operational The PCC understands operational risk managemenl to mean action in the event of, fire, flood, failure of power supply, gas leak, or other disruption that would make the Church unusable for its public ministry. As a Team Ministry all clergy have access to other churches within the team and a list of key holders and contact numbers are available to the clergy and wardens in order to gain access to another church in an emergency. Longer tem measures can then be considered as necessary. Structure, Governance and Management The PCC is a Body Corporate established by the Church of England and is a Charity registered with the Charty Commission under registration number 1130297. The PCC is governed bythe Parochial Church Council Powers nd Measure11956) as amended that came into effect on 2 January 1957, and the Church Representation Rules {Gontained in Schedule 3 to the Synodical Governmént Measure 1969 as amended}. The method of appointment of the PCC members is set out in th8 Church Representation Rules. The Council comprises the Incumbent, the Churchwardens, a representative of the Readers. those elected to the Deanery Synod, and other members who are elected at the Annual Parochial Church Meeting, by those on the Electoral Roll. The PCC members receive training from courses run by the Diocese. Members of the congregation are always urged to join the Electoral Roll, and to stand for election to the PCC. The PCC members are responsible for making decisions on all matters of general concern and importance in the parish, and for all financi81 matters. The PCC met 5 times in 2024. IGiven its responsibilities, the PCC has a number of sub committees, each dealing with a particular aspect of parish life. These include Finance and Standing Committee. Each reports back lo the PCC with the minutes oflheir meetings.] Related Parties One PCC member is employed by the PCC as Office Administrator at the Church ofthe Good Shepherd. Arrangements for filling the vacancy were made under safer recruitment guidelines. A job description, personal specrfication and advert were drawn up to fill the vacancy. A short list drawn up and interviews took place. The appointment was made on the basis of the best person to fulfil the role. The trustee did not take part in the decision making process on renumeration. Donations from Related Parties Donations from 13 related parties IPCC Membersl during the year totalled £26,01012024 {121 £27,130]. AII these donations were received without conditions. Remuneration paid to Trustees The Office Administrator received £4,374 remuneration in her role as Office Administrator during 2025 Expenses paid to Trustees Two members of clergy claimed £528 in trav&1 costs. Page 8
Charity name The Parochial Church Council of the Ecclesiastical Parish of Bushbury Wolverhampton Other names charity is known by 1) Bushbury Parochial Church Council 2) Bushbury PCC Registered charity number {if any 1133845 Charity's principal address (eg. Address of the church or church office) The Parish Office, The St Mary's Church Hall Bushbury Lane Wolverhampton Postcode WV10 8JP Website: www.bushbu eamminist .co.uk PCC Members: Who Served from 1 January 2025 to thè date this report was approved Dates acted if not for whole riod Trustee name Office (if any) Ex-officio Rev Dr lan Poole Rev Taiwo Olumuyiwa Rev Emmanuel Salako JaGquie Mullett Karen Adcock Christine Dean Team Rectorlchair Team Vicar Self-supporting Minister PCC WardenlDeanery SynodlPCC Treasurer PCC WardenlGood Shepherd WardenlDeanery Synod Good Shepherd Warden st Mary's Warden St Mary's WardenlDeanery Synod/PCC Secretary St Mary's Warden St James Warden Deanery Synod Deanery Synod Deanery Synod Deanery Synod 1 sl Jan-3181 July 1 St Jan-3 April Richard Todd 1 St Jan-3 April Mike HotGhkiss Philip Thomas lan Newman 31d July-31St Dec Jaquie Mullètt Lyn Hyde Steve Vince Jessica Bale Elected Members Pat Chadwick pcc Adrian McDowell pcc pcc pcc 1 St Jan-3 Aprtl 1 St Jan-3rd April Bev Dyer Ann-charlotte Holman lan Harris Nick Gardner pcc pcc Page 9
Bank Metro Bank On8 Southampton Row London WC1 B SHA Independent Examiner Lichfield Diocesan Board of Finance St Marys House, The Close, Lichfield. WS13 7LD The trustees declare that they have approved the trustees, report above. Signed on behalf of the charlty's trustees Signature(s) Michael John Hotchkiss Full name(s) Position (eg Secretary, Chair, etc) PCC Secretary Date {eg. Date of the APCM) 3 April 2025 Page 10
Independent Examiner's report to the trusteeslmembers of Bushbury Parochial Church Council Registered charity number.. 1133845 I report on the accounts for the year ended 31 gl December 2025 which are set out on the following pages. Res eclive res onsibilities of the Trustees and Inde endent Examiner The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year under Section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed. It is my responsibility to examine the accounts under section 145 of the Charities Act, to follow the procedures laid down in the General Directions given by the Charity Commission (under section 145151(b} of the Charities Act, and to state whether particular matters have come to my attention. Basis of Inde endent Examinerfs Statement My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a 'true and fairf view, and the report is limited to those matters set out in the statement below. Inde endent Examinerfs Statement In connection with my examination, no material matters have come to my attention which gives me cause to believe that in any material respect= accounting rècords were not kept in accordance with section 130 of the Charities Act or the accounts do not accord with the with the accounting records the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination. I have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts lo be reached. Signed: Date.. 21]0ll Lichfield Diocesan Board of Finan St Marys House, The Close, Lichfield. WS13 7LD Page 11
The Parish of Bushbu Wolverham ton Notes to the Financial Statements For the year ended 31 $1 December 2025 Accounting Policies The PCC is a public benefit entity within the meaning of FRS 102. The financial statements have been prepared under the Charities Act 2011 and in accordance with the Church Accounting Regulations 2006 governing the individual accounts of PCCS, and with the Regulations true and fair view" provisions. They have also been prepared in accordance with the Charities SORP (FRS 1021. The financial statements have been prepared under the historical cost convention with items recognised at cost or transaction value unless othemise staled in the relevant notes to these accounts. 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. There may be minor discrepancies in the totals as the pence are not being shown. Cashflow 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. Going Concern There is no material uncertainties related to events or conditions that cast signfficant doubt on the charity's ability to continue as a going concern. Accounting Estimates and Prior Year Errors No changes to accounting estimates have occurred in the reporting period. No material prior year errors have been identified in the reporting period. Funds Funds are either entered into unrestricted, designated or restricted categories in the accounts, depending on the requests ofthe donors or the will of the DCCS at each church. Description of Funds Unrestricted funds are income funds of the PCC that are available for spending on the general purposes of the PCC, including amounts designated by the PCC for fixed assets for its own use or for spending on a future project and which are therefore not included in its 'Yree reserves" as disclosed in the trustees, annual report. An explanation of purpose of each Designated fund are as follows- Used for maintenance and repair to the building. Rin fend from Hall Hire income as a reed b DCC Buildin Buildin Fund identifies the ringfenced giving to charities as decided by DCC CHARGIVIND - Charitable Givin CHL - Coven Heath Legacy good Shepherd share of sale of Coven Heath Mission Church. Diocese suggestion it would be good for the mone to be used for mission but not essential to identify various maintenance costs and income for the Church CHRCHMAIND- Church Maintenance Charity- Charity Fund Used to identify the 1 Ooh ring-fenGed charitable contributions amount. Charities to be supported are decided b the DCC. Used for an children's work-related ex Children - Children's Work enses. Coffee - Coffee Mornlng Contribution from the Thursday Coffee Morning Group to St James. Page J2
Contin - Contingency Essentially an emergency fund should an incident o¢cur which needs urgent attention as it would affect the viabilit of havin income from the buildin CovenHeath - Coven Heath Outrèach proceeds from the sale of coven heath mission church. Diocese suggests it is used for mission, but it is not restricted to that ur ose. HALL- Hall identifies income from hall hire and any expenses relatin to the hall HALL-ASSET- Hall Asset this is to identify the value of St Mary's Church Hall which is a fixed Asset MISS-DES - Mission identifies donations for and expenses of mission and outreach events, runnin anAI ha Donations made- don't want art iven to charit Sp8cDon - Specific Donations Restricted funds comprise of elements.. a) income from trusts or endowments which may be expended only on those restricted objects provided in the lems of the trust or bequest b) donations or grants 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 rernaining 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. An explanation of purpose of each Restricted fund are as follows.. Buildin Buildin Fund Used for maintenance and re air to the buildin For the maintenancelupkeep of the Chancel (from Chancel R6 air Liabilit recei ts CHANCEL - Chancel Liabili For the maintenancelupkeep of the Church fabric, including organ (from the combination of a number of funds for these purposes many years ago, plus more recent donations s ecificall for this For the maintenancelupkeep of the churchyard (from several donations s ecificall for the church ard Used for any children's work related expenses. The restricted amount only ststes to support children's work at St James. CHRCHMAINT- Now Church Malntenance CHURCHYARD- Churchyard Children - Children's Work DONAT-F4 - Donation Fund 4 For any costs related to the setting up and operation of live streaming in the church (from a donation ecificall for this For mission and outreach expenses and related outgoing donations (from the combination of a number of funds for mission and outreach many years ago, plus more recent donations specifically for this For the decoration of the rectory (from donations specifically for that purpose with diocesan contributions The capital is for the upkeep of the Steward Family graves, with the interest available for the DCC to use as it so wishes (i.e. General Fund), as per the Will of Prof. Steward. MISSION - Mission & Outreach RECTORYDEC - Rectory Decoration STEWARD - Prof Steward (Church Hall Page 13
For the maintenancelupkeep ofthe war graves in the churchyard (from a grant from the Commonwealth War Graves Commission specifically for this ur ose WAR-GRAVES - War Graves WORSHIPLDR- Worship Leader For costs related lo the Worship Leader (primarily salary but also training, etc.} (Note this is a constructive trust, as er the wishes of Ihe donor LCHFIELD DECORATION ACCOUNT For the decoration of the Good Shepherd Vicarage (from donations specifically for that purpose with Diocesan contributions. Endowment funds are restricted funds that must be retained as trust capital either permanently or subject to a discretionary power lo spend capital as income, and where the use of any income or other benefit derived from the capital may be restricted or unrestricted. Full details of all their restrictions are shown in the notes to the accounts. An explanation of purpose of each Endowment fund are as follows: The PCC does not hold any Endowment Funds Income Planned giving, collections and donations are recognised when received or when the PCC becomes entitled to the resource and the monetary valu8 can be measured with sufficient reliability. Tax refunds are recognised when the incoming resource to which they relate is received. Grants and Legacies are accounted for when the PCC is legally entitled to the amounts due, and the monetary value can be measured with sufficient reliability. Dividends are accounted for when receivable, interest is accrued. All other income is recognised when it is receivable. Al incoming resources are accounted for gross. Expenditure Grants and donations are accounted for when paid over, or when awarded, if that award creates a binding or constructive obligation on the PCC. The diocesan parish share is accounted for when due. Amounts received specifically for mission are dealt with as restricted funds. All other expenditure is generally recognised when it is incurred and is accounted for gross. Governance and Support Costs Support costs should be allocated between governance costs and other support. Governance costs comprise all Costs involving public accountability of the PCC and its compliance with regulation and good practice. Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources eg by allocating staff costs by time spent and other costs by their usage. Flxed Assets Consecrated and benefi property is not included in the accounts by s.10(21{a)&IC) of Ihe Charities Act 2011. Moveable church fumishings held by the Vicar and Churchwardens on special trust for the PCC and which require a faculty for disposal are inalienable property, listed in the Church's inventory, which can be inspected lat any reasonable time). For anything acquired prior to 2000 there is insLrfFicient cost information available and therefore such assets are not valued in the financial statements. No depreciation is provided on buildings as the currently estimated residual value of the properties is not less than their carrying value and the remaining useful life of these assets exceeds 50 years, so that any depreciation charges would be immaterial. Inveslments Investments in quoted shares, traded bonds and similar investments are valued initially at cost and subsequently at market value at the year end. Investments held for re-sale are treated as current asset investments. Debtors Debtors are measured on initial recognition at settlement amount. Subsequently they are rneasured at cash expected to be reived. Page 14
Creditors and Accruals Creditors are measured at settlement amounts less any trade discounts. Accruals are measured on best estimate of the amount required to settl8 th8 obligation at the reporting date. Page 15
Statement of Financial Activities for 2025 Unrestricted Restricted Endovlment Total Prioryear totsl fvnd fund$ lunds funds funds Receipts Donations and legacies InGom8 from ¢*aril8ble activities Other trading a¢tivities Investments 132,253.05 5.374.18 137,627.23 163,153.89 5,352.50 100 5,452.50 4,651.00 17,486.25 1,122.32 17,486.25 1.247.32 18,269.10 1,274.64 125 Other in¢ome Total ineome Payments 156,214.12 5.599.18 161,813.30 187.348.63 Raising funds Expenditure on charitable activities 115.68 115.68 505.75 156,441.17 5.943.09 162,384.26 164,530.42 Qthtrr ex endrf¢ure Total Èx endlture Net Income I lexpendlturel resources before transfer 156.556.85 5,943.09 162,499.94 165,036.17 -342.73 443.91 486.64 22,312.46 Transfers-. Gross transfers between funds- in Gross transfers between fvnds- out 15.533.01 -14.823.01 300 15,833.01 -15,833.01 39.823.58 -39,823.58 -1,010.00 Other recognised gains I losses Gainwlo$ses on investment assets Gains on revaluation, fixed assets, Chari 's own use Net movèment in funds 367.27 -1.053.91 486.64 22,312.46 Reconciliation of funds Total funds brou ht forward 223.599.28 223,966.55 34.$49.4S 33,495.54 258,148.73 235,836.27 257.462.09 258,148.73 Total fund$ ¢arrièd fonward Balance sheet for 2025 Asat 3111212025 Asat 3111212024 Fixed assets 6430: Church Hall Total Fixed assets 125,000.00 125,000.00 125,000.00 125.000.00 Current assets 6501.. Bank HSBC current account 17,327.15 24,954.80 Page 16
6511.. CCLA ICBFI deposit account 6590.. Cash in hand Z05.' Accounts Receivable 6510. CCLA {CBFI deposit account 6515SM.' Lichfield Decoration Account 6502: Co op Current Account 6505.. Co op 14 Day Account 6515GS.' Lichfield Decoration Account 6500.. METRO BANK Current Account 6507.. Co-operative Bank current account Total Current assets 1.729.86 204.64 1,654.96 224.71 2,878.33 1.108.83 21.551.88 20,618.76 135 10 9,727.95 15,209.32 8,360.11 8.243.68 300 9.711.75 3.493.18 75,727.74 65,7(.52 147.454.41 141,224.76 Llabilities 6699.. Agency collections Z04: Accounts Payab Total Llabillties Net Assetsurplus (deficit) 6,356.12 3,468.24 8,636.20 14,992.32 4,607.79 8,076.03 257,462.09 258.148.73 Rgsgrv85 Excessl{deficill to date Z01.' Starting balances Total Reserves -686.64 22,312.46 258,148.73 257,462.09 235,836.27 2S8,148.73 Reprented by Funds General Unreslricled 51,524.29 172 442.26 50,138.39 173,460.89 34,549.45 Desi naled Restricted 33,495.54 Endowment Totsl 257 462.09 258 148.73 Approved by the Parochial Church Councll on 3rd April 2025 and signed on its behalf by: Signature: Name'.....MiGb.aol.klos.Ghlfi%i The notes on the following pages form part of these accounts Page 17
Statement of Assets and Liabilities for 2025 Class and nominal ¢od• General Unrestricted Designated Re8tri¢tsd Endowm*nt Total Last year Fixed Asset- Tanglble Assets 6430.. Church Hall 125,0.00 125,000.1)O 125.OW.00 125,CKIO.00 125,000.00 125,000.00 Totsl Current Asset- Cash At Bank And In Hand 6500: METRO BANK Current Account 6501.. Bank HSBC current account 6502.. Co op Current Account 6505.. Co op 14 Day Account 6507.. coperatnle Bank current account 6510. CCLA ICBF) depo$ll account 6511.. CCLA ICBFI depf•Stt account 6515GS.' Lichfield Decoration Account 6515SM.' Lichfield Decoration Account 3.525.03 6,188.72 9,711.75 3,493.18 1,017.83 16,131.90 177.42 17.327.15 24,954.80 6,138.83 3.$89.12 9,727.95 15.209.32 8,360.11 8,380.11 8.243.68 33,7.78 30,577.54 11,353.42 75,727.74 65,7(h.52 3.441.90 18,109.98 21,551.88 20,618.76 1.729.86 1,729.86 1.654.96 300 300 135 135 10 224.71 6590.. Cash In hand 204.64 204.64 144.776.08 140,115.93 Total 49,854.87 55.069.55 39,851.66 Current Asset- Debtors Z05.' Accounts R6cgivablè 2,678.33 2,678.33 2,678.33 2,678.33 1,108.83 1,108.83 Total Liability - Agency Accounts 6699.. Agency collections 6.356.12 6,356.12 6,356.12 6.356.12 3.468.24 3.468.24 Total Llability - Creditor¥- Arnounts Falling Due In One Year Z04.. Accounts Payable 1,8.91 1.008.91 7,627.29 7.627.29 8.636.20 8,636.20 4,607.79 4,607.79 Total Net total sets 51.$24.29 172,442.26 33,495.54 257,462.09 258.148.73 Page 18
Statsment of assets and liabilities for 2024 Gener81 Deslgnated Restricted Endowment Total Last year Frxèd Assèt- Tangible Assèts Chur¢h Hall 125,000 125,000 125,000 Totsl 125,000 125,000 125,000 Current Asset- Cash At Bank And In Hand METRO BANK CUnI Account 216 3,277 3.493 7,447 Bank HSBC current ac¢ount 6,110 18,667 177 24,955 27,742 Co op Current Account 13,676 1.533 15,209 16,188 Co op 14 Day Account 8,244 8,244 8,111 Co-operative Bank current account 23,980 33,149 15,109 72,239 33,555 CCLA {CBFI deposit account 2.509 18.110 20.619 19,580 CCLA ICBFI dèposit account 1,655 1.655 1.572 Lichfield Decoration Account 10 10 10 Cash in hand 225 225 106 Total 48,370 60,061 36,217 146,648 114,310 Current As¥et- D8btOfS Accounts Receivable 2,940 2,997 7,381 Total 2.997 7,381 Llablllty . Agency Accounts Agency wlledions 3,468 3,468 S.980 Totsl 3,468 3.468 5,980 Liability - Croditors: Amounts Falllng Due In One Year Accounts Payable 1,172 11,656 205 13,033 4,874 Total 1.172 11,6S6 205 13,033 {874 Net total assets 50,138 173,461 34.549 258,148 235.836 Page 19
Fund movement for 2025 Fund balances Incoming Outgoing brought Resourcg Resource forward Gains and Fund Journal Fund balances Carried forward Transfers Los$e$ Entrles Building Designated Restricted 4,701.81 1,533.36 840.62 3,709.18 1,122.35 843.42 4,420.08 3,589.12 -1.010.00 Sub-totals 6 235.17 1 765.77 -1010.00 8 009.20 CHARGIVIND Oesignaled 5,645.29 5.645.29 sub.totals 5.645.29 5.645.29 Children Designated Restricted 281.9 281.9 177.42 177.42 sub.totals 459.32 459.32 CHL Designatéd 6.243.68 118.43 6,360.11 Sub-totals CHRCHMAIND 6.243.68 116.43 6,360.11 Designated 20 6,091.55 6,071.55 Sub-totals 20 6,091.55 6,071.55 CHURCHYARD Restricted 99.83 41.98 57.85 Sub-totals 99.83 41.98 57.85 Cont5n D8$ignaled 2,000.IJJ 2.000.00 Sub-totsl$ 2 000.00 2,000.00 Decor Restricted 300 Sub-totals 300 300 DONAT.F4 Restricted 682.48 682.46 Sub-totals 682.46 682.46 General Unrestricte $0.138.39 148,425.07 133,226.16 -13,813.01 51.524.29 Sub-total$ HALL-ASSET Designated 50.138.39 148 25.07 133 226.16 .13 813.01 51,524.29 125,0.00 125.000.00 Page 20
Sub-totals 12S,000.00 125 000.00 WORSHIPLDR Restricied 3,066.88 1.500.00 4,566.68 Sub-totals 3 066.68 1500.00 4 566.68 CHANCEL Restricted 10,041.21 10,041.21 Sub-totals 10,041.21 10,041.21 Coffee Designated 319.89 319.89 Sub.totsls 319.89 319.89 SPDon Designated 5.250.00 5,250.00 Sub-tota19 5.250.00 5,250.00 CovenHeath Designated 4.514.03 4,514.03 Sub-totals 4,514.03 4 514.03 Charlty Designatsd 2,231.00 2,231.00 Sub-totsl$ 2,231.00 2,231.00 HALL Designated 6,812.00 7,387.17 575.17 sub.totals 6.812.00 575.17 MISS-DES Dg51gnated 25.149.58 853.33 24,296.25 Sub-totals MISSION Restricted 25,149.58 853.33 24 296.25 596.01 591.01 Sub-totsls 596.01 591.01 CHRCHMAINT Restricted 100 50 50 Sub-totals 100 50 50 STEWARD Restricted 18,109.98 18,109.98 sub.totals 18 109.98 18,109.98 RECTORYDEC Restricied 10 125 135 Sub-totals WAR.GRAVES Restricted 10 125 135 232.5 165 50 347.5 Page 21
SLtb-tots1$ 232.5 165 so 347.5 Totals 2S8,148.73 161,813.30 162.499.94 257 462.09 Fund movement ft>r 2024 Fund Openlng Incomlng Outgolng Transfgrs GalnslLosses Journals Closing Build5ng Designated 5,763 1,701 2,762 4.702 Rèstrictèd 693 1,533 Sub-totals 6,456 2,541 2,762 6.235 CHARGIVIND Designated 5.037 10.521 5,483 Sub-totsl$ 5,037 10.521 5,483 Ch51dren Designated 282 Restricted 177 177 Sub-totsls 459 CHL Design818d 6.111 132 8.244 Sub-totals 6,111 132 6,244 CHRCHMAIND Designated 10 4.673 4,663 sub.tota 10 4,673 4,663 CHURCHYARD Restricted 95 100 Sub-totals 95 100 Cont5n Designated 2.000 2,000 Sub-total$ 2,000 2,000 DONAT-F4 Reslricled 682 682 Sub-totals 682 682 General Unrestn'cted 178,446 125,043 (39,8241 50.138 Sub-totsls 36.560 17B.446 125.043 139,8241 50,138 HALL-ASSET Deslgnatgd 125,000 125,(X)O Page 22
sub.totals 125,000 12S.000 WORSHIPLDR Restred 12,493 9,426 3,067 Sub-totals 12,493 9,426 3,067 CHANCEL Rèstricted 10.041 10,041 SUltOtal3 10.041 10,041 offee Designated 320 320 Sub4otsls 320 320 Spe¢Don Designated 5,250 5,250 Sub-total¥ 5,250 .5,250 CovenHeath Designated 4,514 4,514 Sub-totals 4.514 4,514 Charity Designated 2,464 2,464 sub.totals 2,464 2.464 HALL Designated 5,265 7,478 2,213 Sub-totals 5,265 7,478 2,213 MISS-DES Designated 150 25,OCXJ 25.150 Su&totals 150 25,000 25,150 MISSION Restricted 2,422 2.473 591 Sub-totals 2,422 642 2,473 591 CHRCHMAINT Restricted 143 143 Sutotals 143 143 STEWARD Restiictèd 18,110 18,110 Sub-totals 18,110 18,110 RECTORYDEC Restricted 10 10 Sub-totsls 10 10 WAR.GRAVES Page 23
Restricted 118 165 50 233 Sub-totsls 118 165 50 233 Totals 235,836 187,349 165,036 258,148 Analysis of income and expenditure for 2025 Total General Dèsignatèd Rèstricted Endowmènt This yèar Last year Recelpts Donations and legaeiès 0101 Gift Aid Bank 0110-GfftAid- Envelopes 0201 Other planned giving 0301- Loose plats collections 0401- Regular grft days 0501- One-off Gift Aid gifts 0550- Donations appeals etc 0601- Tax recoverable on Gift Aid 0801 - Recurring grants 08A1 - Non- recurring one-off grants DonatlOll5 and legacles Totals 132,093.05 160 S.374.18 137,627.23 163,153.89 Income from charrtabl8 activities {St James Church Fordhouses, St Mary's, Bushbury. The Church of the Good Shepherd, Bushbury PCCI 1101 Fees for weddings and funerals 1105- Local Fee Income 1106- Feesfor Weddings Incoffle from charitable activities Totals 5,332.50 Other tradlng actlvlti•s {Bushbury PCCI 1240- Church hall lettings- fund raising 1265- Ticket S81es - Soctal Events Other tradlng actlvltlès Total$ 9,993.63 7,49162 Inve5tsnents 1st James Church FordhcMJs•sl 1020- Bank and building society Tnterest 47,720.00 240 47,960.00 47,140.00 13,146.00 13,146.(KJ 11,565.75 15,420.00 800 16,020.00 17,292.50 12.365.65 12,365.65 13,973.78 417.47 417.47 2,455.00 22,251.00 160 4,369.18 26,780.18 54,586.65 19,764.93 19.764.93 15.697.21 165 185 165 1,000.00 1,000.00 278 3,210.50 20 1(XJ 3.330 50 3,188.00 93 105 2,029.0 2.029.00 1,358.00 20 100 5.452.50 4,651.00 9,993.63 7,492.62 17,486.25 17,986.10 283 17,486.25 18,269.10 1,005.89 1,005.89 148,425.07 116.43 125 1,247.32 1,274.84 1,247.32 1.274.64 161,813.30 187,348.63 Investments Totals Receipts Grand totals 116.43 7,789.05 125 5,599.18 Puge 24
Payments Ralslng fvnds 1720- Costs of stewardship campaign 1730- Costs of fetes & other events Ralslng funds Totals 115.68 115.68 505.75 Expenditure on charitable activities 1st Jarnes Chureh Fordhouses. St Mary's, Bushbury, The Church of the Good Shepherd, Bushbury PCC) 1801 Giving to missionary societies 1830- Giving- relief and development agencies 1850- Home mission 115.68 115.68 286.84 218.91 2,808.59 2,808.59 5,081.57 1,1(Ll.00 4,035.70 5,135.70 8.055.05 650 650 988 1870- Secular charities 1910- Mlnisty parish share etc . 2001 - Asslstant stsff costs 2010- Salary Officè Administr81or 2020- Salary of Worship Leader 2030- S818ry of Cleaner 2050 - Salary of parish administrator 2101 - W()Iking expenses of incumbent 2131 - Vicarage Expansès 2201 Parish training and mission 2301- Church running - insuran 2310- Church office telephone 2320- Organ I piano tuning 2330- Church maintenance 2331 Cleaning 2333- Church Maintenance Preventatwe 2340- Upkeep of serwces 2350- Upkeep of churchyard 2351 Upkeep of war graves 2359- PCC Expenses 2360- Administration 1,032.00 1,032.00 1,948.00 67,585.67 87,585.67 63,208.35 72.8 72.8 4.374. 4.374.36 4,071.30 3,035.59 4,566 68 7,602.27 9.426.48 1,895.53 1,895.53 1.804.86 1.369.45 1,369.45 5.883.13 1.334.25 1.334.25 800.12 -1,115.39 496.38 853 33 591.01 1,940.72 2,289.86 7,745.84 7.745.84 7,OCkS.13 1.281.48 1.281.48 1,145.14 234 234 234 2,429.09 1,315.72 6,174.51 12.99 693.42 9,297.02 1.328.71 9.178.17 1,509.57 1,381.34 1,381.34 1,277.70 2.550.76 2,550.76 2,499.16 330 41.98 371.98 1.170.00 50 50 50 13,602.84 13,62.84 8.304.96 3,673.81 885.8 22 3,695.81 685.8 3.822.40 1,132.74 2361- Photocopier 2401 Churth running- electric 2410- Church njnning - gas 2420- Church running - water 2440- Church running- heating and lightiThJ 4.115.84 4.115.84 4,448.67 11,639.86 11.639.86 11,584.09 774.07 774.07 593.75 212.4 212.4 608 Page 25
2530- Hall running eleth¢ity 2540- Hall Tunning- gas 2550- Hall running - insuran 2560- Hall running- maintenan 25- Hall running - heating and lighting 2601 - Govemance costs examinallonlaudit fee 2701 - Church major rep8irs- Structure Expenditure on ¢haritable activities Totals Payments Grand totals 2,323 32 2,323.32 1,983.71 2.294.34 2,294.34 2.417.89 950.65 950.65 1,455.49 716.18 716.18 429 1.080.68 1,080.66 780.52 210 250 250 250 133,110.48 133,226.16 23,330.69 23,330.69 5.943.09 5,943.09 162.384.26 164,530.42 162,499.94 16S,036.17 Allocation of Support Costs Support costs comprise Trustee Training and Governan Costs etc. Due to the nature of the financial activities of the PCC, these would be allocated across Charitable Expenditure which comprises the majorty of its expenditure and as such are automatically charged there. Staff Costs 2025 25,326 2024 25,563 es & Salaries Avera e Number of em During the year the PCC employed a church cleaner, a Parish Administrator, a Worship Leader and an Office Administrator (all part-time}. Two employee's payments were large enough to attract social security costs. There were no employee benefits to key management personnel in the previous or current year. Trustees, Remunèration & Expenses The Office Administrator reiVed £4,374 remuneration in her role as offi Administrator during 2025 Two members of clergy claiméd £528 in travel costs. Related Parties No other expenses were paid to any other PCC member, persons ¢losely connected to them or related parties. Donations from 13 related parties [PCC members] totalled £26,010 [£27,130 (12) 20241. Page 26
2025 2024 210 Inde endent Examinerfs Fees other Fees accountanc services Paid to Ihe Inde ndent Examiner Analysis of Transfer betweèn Funds for 2025 There were no transfers between Restricted and Unrestricted for 2025 Debit Credit Deseriptlon Fund Fund Type Unr Voidèd Reconciled 552 transfer to chari fund fund General Yes 552 transfer to chari to chaii fund trom eneral fund to char fund Charit Des Unr Des Yes 508 General Yes 508 Chari General Yes 145 Unr Y&s 145 from neral fund Chari Des Unr Ye5 122 lo ¢hari fund eneral fund to chari fund General Chaii Yes 122 from Des Yes 42.5 General Unr Yas 42.S from eneral fund Charil Des Unr Yes Yes 276 To char fund General 276 From eneral fund fund eneral tund Charit Gener81 Des Yes 226.8 lo chari Unr Yes 226.8 from Chari Des Yes Yes 358.7 lo chari fund General Unr 358.7 from eneral fvnd Chari Des Yes 300 General Unr Yes 1.010.00 Buildin Res Yes General Unr Yes General Fund to Church maintenan Fund des General Fund to Church Maintenance Fund de$ transfef from General Fund to Church Maintenance Fund transfer from General Fund lo Church Maintenance Fund Tfr from General Fund to Church Maintenance Fund des Tfr frorn General Fund to Church Maintenance Fund des General Fund to Church aintenance Fund des General Fund to Churth maintenan Fund des General Fund to Churd) maintenan Fund des Gener81 Fund to Church Maintenance Fund des Tiansfer from General Fund lo Church Maintenance Fund des Transfer from General Fund to Church maintenan Fund des Transfer from General Fund to Hall Fund 552 General Unr Yes 552 CHRCHMAIND Des Y85 1372.20 General Unr Yes 1372.20 CHRCHMAIND Des Yes 1.180.CX) General Unr Yes 1.180.00 CHRCHMAIND Des Yes General Unr Yes CHRCHMAIND D&$ Yes 2 107.95 Gener81 Unr Yes 2 107.95 CHRCHMAIND Des Yes 212.4 General Unr Yes 212.4 CHRCHMAIND Des Yes 379.44 General Unr Yes Page 27
Transfer from General Fund to Hall Fund transfer from General Fund to Hall Fund des transfer from General Fund to Hall Fund des 379.44 HALL Des Yes Goneral Unr Yes HALL Des Yes Transfer from General Fund to Hall Fund des Transfer from General Fund lo Hall Fund des Transfer frorn General Fund to Charitable Givin Fund Transfer from General Fund to Charitable Givin Fund r from Gen8ial Fund to Churth Maintenance Fund des r from General Fund lo Churth Maintenance Fund des r from General Fund to Hall Fund des r from Ganaral Fund to Hall Fund 57.34 General Unr Yes 57.34 HALL Des Yes 5.645.29 General Unr Yes 5.645.29 CHARGIVIND Des Yes 552 General Unr Yes 552 CHRCHMAIND Des Yes General Unr Yes HALL Des Yes Transfer from General Fund to Hall Fund des Tr8nsfer frorn General Fund to Hall Fund des 54.19 General Unr Yes 54.19 HALL De8 Y8S 300 Decor Res 15.833.01 15 833.01 Dats Account Debl Crèdl Descriptlon Fund Fund 3110512024 6501 856.00 RANSFER TO CHARif( FUND eneral Unr 3110512024 8501 856.0 FROM GENERAL FUND harity Charity General Des 3111212024 6501 1,608.00 TRANSFER FROM GENERAL FUND Oes 3111212024 6501 1,608.0 RANSFER TO CHARFtY FUND Unr 0110312024 6507 230.00 ransferfrom General Fund to Churh Maintenance Fund (Desl GHRCHMAIND 0110312024 8507 230.00 ransferfrom General Fund lo Churh Maintenance Fund (De51 General Unr 111C*12024 6507 133.32 General Fund ¢0 Charitsble Gniing Fund HARGIMND De5 1110612024 6507 133.32 General Fund to Chatable Giving Fund eneral Fund to Church Maintenance Fur Ides) General Unr 2810612024 6507 922.00 CHRCHMAIND Dès 2810612024 6507 922.00 eneral Fund to Ghurch Maintenart Fund Ide$l General Fund to Church Maintenance Fund (Desl General Unr 0610812024 6507 552.Lh) CHRCHMAIND De$ fK10812024 6507 552.00 G8neral Fund lo Church Malnlenanee Fund (Desl General Fund to Mission Fund IFamilyf(outh Worker) eneral Fund to Mission Fund (Familylyoulh Wotkerl Transferfrom General Fund to Church Maintenance FuThl Ides) General Unr 0311012024 6507 25.000.00 MISS-DES Des 0311012024 6507 25,000.00 General Unr 3111212024 6507 2.850.00 CHRCHIMIND Des 31112Q024 6507 2,850.0 Transferfrom General Fund to Church Maintenance Fund Ides) General Unr 3111212024 6507 S,349.91 Charitable Giving frorn offertorie$ CHARGIVINO Des 31112r2024 6507 5,349.91 Charrtable GDiing from offertories General Unr 3111212024 6507 2.213.35 General Fund to Hall Ides) Fund HALL Des 3111212024 6507 2.213.3 G&neral Fund to H811 Ides) Fund General Unr 111212024 6507 309.0 General Fund to Church Maintenance Ftjnd CHRCHMAIND Des 3111212024 6507 309.00 General Fund to Church Maintenance Fund General Unr Page 28
39,823.58 39.823.58 Flxed Assets Tangible Fixed Assets Freehold Buildin Totsl Assets The parish has one fixed asset, which is St Mary's Church hall. The net Book value as at 31. December is £125,000 Cost or Valuation Asat1 Jan Additions in the Year Dis osal in the Year Revaluation ifan Value at 31 December 2025 125,000 125,000 Fixed Asset InveslThents 125,000 125,000 Accumulated De Asat1Jan Char e for the Year Dis osals Value at 31 December 2025 reciation The PCC does not hold Any fixed assets investments Net Book Value at 1 Jan 2025 Net Book Value at 31 December 2025 125,000 125 000 125,000 125,000 Current Assets - Debtors 2025 2,678 2.678 2024 1,108 1,108 Accounts rec8ivable Total Llablllties- Amounts falling due in one year 2025 8.636 6.358 14,994 2024 4,607 3,468 8,075 AccrLtals Other Creditors- A Total enc Summary of Assets by Fund 2025 R•pr•sant•d by Designated- Building Reslr(¢ted- Building Restricted- CHANCEL 4,420.08 4,420.08 3,589.12 10,041_21 281.9 4,701.81 1,533.36 10,041.21 281.9 3,589.12 10,041.21 D8signated- Children Re51ricled- Children Designaied- CHL Restricted- CHRCHMAINT 281.9 177.42 1T/.42 177.42 6,243.68 6.360.11 6,360.11 50 Restricted - CHURCHYARD Designated- Coffee Designated- Contin Design8led- CovenHealh Restricted- Decor S7.85 57.85 99.83 319.89 319.89 319.89 2,000.00 4,514.03 2,000.OD 4,514.03 300 682.46 2,000.00 4.514.03 300 Restricted- DONAT-F4 Unreslricled- General 682.46 682.46 51,524.29 51,524.29 50,138.39 Page 29
Designated- HALL-ASSET Designated- MISS-DES Restricted- Mission Rèstricted- RECTORYDEC Designated- SpecDon Restricted- STEWARD Restricted- WAR-GRAVES Restricted- WORSHIPLDR 125.(M)0.) 24.2.25 125,000.00 24,296.25 125.OCM).00 25,149.58 596.01 135 135 5,250.00 18,109.98 347.5 10 S.250.00 18.1Qa.98 232.5 3,066.68 258.148.73 5.250.QX) 18.709.98 347.5 Total 51,524.29 172,442.26 33,495.54 257.46109 Summary of Assets by Fund 2024 Unr&strl¢tèd Unrestricted- Gener81 Fund 50.138 50.138 36.560 Designated Designated- Building Fund Designated- Charitable Giving D Des1&ated - Childian's Wotk Designated- Coven Heath Leg8Cy Do$ignaled- Contingency Designated- Hall Asset Designated - Coffeè Moming Oesignaled- Specific Donations Designated- Coven Hèath Outie8ch Fund Designated - Mission 4,72 4,702 5,763 5,037 290 282 282 6,244 2,OC 125,000 320 6,244 2,0 125,Th)0 320 5.250 4.514 25,150 6,111 2,000 125,CM)O 320 S,250 4,514 150 5,250 4,514 25,150 Restriet•d Restricted- Building Fund Restricted- Children's Work Restricted- Churchyard Restricted- Donation Fund 4 Restricted- Worship Leader Restricted- Chancel Liability Restricted- Mission & Outreach 1.533 177 1.533 177 693 177 100 100 95 682 3,7 10,041 591 682 3,067 10,041 591 682 12,493 10.041 2,422 18.110 10 Restricted- Prof Steward (Church Hall) Restricted- Rectory Deooralion Rèstrietad- War Grave5 18.110 io 18,110 10 233 233 118 Fund Totsls 50,138 173 461 34,549 258 148 235,836 Statement of Financial Activities Comparatives Previous Year 2024 UDMtrieted funds Designated Restricted Endowment Total funds funds funds funds Prior year totsl funds Recelpts Denations and legac$ Other trading athvilies Inveslments 161.228 241 1,685 163,154 114.381 11.544 6.725 18,269 21.203 1,142 132 1,275 75Q Income from Charitab a¢*vities 4,531 10 110 4,651 6.654 Other Incorr 9,894 Page 30
Totsl Income 178.446 7.108 1,79S 187.349 152,882 Payments Raising fund8 Expendilure on ¢hartsble acllvities 506 123 124.537 27,9L 12,093 164,535 163.890 Total ¢xponditur• 125,Q43 27.906 12,093 165.041 164,013 Gain$ 11055es OTTr investment asse15 Net income I {expenditu> resour¢e$ before transfer 53,402 120.7981 110,2981 22.307 Transfers Gros5 transfers btttween fvnds- in 39.824 39.824 12,879 112,8791 Gross transfers between funds- out 139.8241 139.8241 Other rgcognt8ed galns 1108888 GainsAosses on investment assets Gains on waluaiw)n, fixed assets, ¢harity'sthyn use Net mov8m8nt In funds 13,679 19,026 110.2981 22,307 Reconciliation of funds Totsl funds brought forward Total fvjnds carried forward 36,560 tM,436 44,842 235,636 246,967 60,138 173,461 34.549 258,148 235.836 Notes to the 2025 Accounts 1. Code 0550.. Donations appeals etc- St Mary's received a legacy from the late Mr Thomas Mason £17,000- The Good Shepherd had an in house appeal to raise funds to re-carpet and re decorate the main church hall £2,869. Sl Mary's reiVed a donation of £1,500 towards the salary of the Worship Leader 2. Code 08A1.' One-off grants - The PCC received a grant towards the cost of Children's and Young Peoples work from the James Beattie Foundation. £1,000 3. Codes 1101',05',06- Funerals continue to decline aFthough financially income has held up. 2 additional weddings in 2025 4. Code 1240.. Church hall lettings - This has stabilised after a dip in 2024 5. Code 1801 to 1870.. Charitable giving- The 2025 figures include some charitable giving accrued from 2024. 6. Code 2050.. Salary of parish administrator- Only the costs paid directly from the PCC bank account are shown here. Th6 remaining £10,084 were paid from the Parish Expense contributions senl from the Ihree District Churches. These contributions are held in an Agency Account, identified as PARISH EXPENSE CONTRIBUTIONS to avoid double accounting within the combined financial report. 7. Code 2101.. Working expenses of incumbent- Only the costs paid directly from the PCC bank account are shown here. The remaining £874 were paid from the Parish Expense contributions sent from the three District Churches. These contributions are held in an Agency Account, identified as PARISH EXPENSE CONTRIBUTIONS to avoid double accounting within the combined financial report. 8. Code 2359.. PCC Expenses - This is the contributions sent from the three District Churches towards any parish related expenses. It was agreed to introduce this conlribution by the PCC in 2024 as the current income stream from wedding and funeral statutory fees continues to decrease. These contributions are held in an Agency Account, identified as PARISH EXPENSE CONTRIBUTIONS to avoid double accounting within the combined financial report. Page 31