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2024-12-31-accounts

ST. JAMES CHURCH, BREAM

Annual Report 2024

Aim and purposes

St. James Church Parochial Church Council (PCC) purpose is to promote the ecclesiastical parish, the whole mission of the Church, pastoral, evangelistic, social and ecumenical. This August we bid a fond farewell to our Children, Youth and Family workers. We pray that God's work through them reaches wide in Denmark.

Objectivities and Activities

When planning our activities for the year, the incumbent and the PCC have considered the Commission’s guidance on public benefit and, in particular, the specific guidance on charities for the advancement of religion. In particular, we try to enable ordinary people to live out their faith as part of our parish community through:

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Achievements and Performance

Under 5's continues to be a strong community service. Unfortunately we have had to return to our Monday morning session only, this is well attended.

Messy Church grows with our local families and local churches volunteering too, we have regular families who return each month.

Memory Cafe continues to serve our community with vital relationships. Lunch Club also is a popular event held every two weeks.

St James proudly supports X-Site a collaboration with other Churches around the Forest, a high energy bi-monthly coming together celebrating and discovering faith for age 7 to year 7.

Prayer and Worship

Prayer is seen as an essential key to all our outreach and activities at St. James. The Parish Prayer meeting meets once a month in the Church Centre. Prayer also takes place weekly on Wednesdays in the Church building at 7.00am. A team of dedicated people pray most weekdays for 2 hours in the morning using the prayer room in the church centre.

Sunday Worship seeks to be accessible to all, young and old, regular and newcomers. Morning worship is aimed at all ages, the children stay in the main service for the early worship session and then move to the church centre for age related activities. We continue to have an extra communion service at 9 am once a month.

Small Groups we have a number of groups, meeting in people’s homes and at the Church Centre, that have committed volunteer leaders, a variety of days and times help us to meet the needs of our congregation and community

Deanery Synod

Two members of the PCC sit on the Deanery Synod. This provides the PCC with an important link between the Parish and the wider structures of the church. A report from the Deanery Synod is regularly brought to the PCC.

Pastoral Care

Pastoral Care is important to us at St. James, the incumbent and the pastoral team visit the sick and housebound in the village, taking home communion as needed. Care for the bereaved is also an important part of the work at St. James.

Mission and Evangelism

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Mission and Evangelism is part of the historic ‘life blood’ of St. James.

We are reviewing this giving currently to reflect the vision and needs in the wider Christian community.

Supporting Caleb’s Mountain seeking to help parents and children within the community and through schools. Although our Children, Youth and Family workers were employed with Caleb’s Mountain we will be seeking a way to continue this important ministry.

Bream Church of England School

Bream School is part of the Severn Federation Academy Trust (SFAT). Stephen Harrison is part of the governing body, along with another of our PCC members.

Our ‘Open the Book’ team visits the school regularly, presenting bible stories in an engaging format. The school visits the Church for Christmas and Easter services as well as at Harvest and to celebrate the end of the summer term.

Ecumenical Relationships

We continue to work with many of the local churches, with particular links with the youth. X-Site being a cross church initiative supported by St James. Branch and Breathe are supported and advertised to grow youth faith journey's.

Safeguarding (Child Protection & Vulnerable Adults)

In consultation with the Diocese of Gloucester this area is taken extremely seriously, with regular training and advice given by the Diocese, and a Child & Vulnerable Adults protection policy formulated for the church. We have a policy of ‘safer recruitment’ for volunteers and staff and DBS checks are made for those who work regularly with children and vulnerable adults.

There was one incident of safeguarding that the church supported in the community (at the local Church of England Primary School) although not directly involving members of the church.

Financial Review

Total receipts on unrestricted funds were £157,054 of which £2,767 was investment income. Restricted/Designated income of £16,638 including £248 of investment income was also received and is detailed in the Financial Statements. Income from general giving (including the separate income line for CYFW which was included within general donations in 2023) increased by 7%. However, total income remained static. We are grateful to the Benefact Trust for a grant of £4,640 in support of Linking Lives and The National Society for a grant of £10,000 in support of Caleb’s Mountain.

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£163,631 was spent to provide the general Christian ministry from St James’s Church, including the contribution to the diocesan parish share which totalled £75,000 for the year and largely provides the stipend, house and pension costs of the incumbent. The sum that the churches in the deanery have to find is based on the actual ministry costs of each parish. St James’s has historically and consistently met the full cost the Diocese has requested, and often contributed slightly above this figure, so contributing 'mutual support' to other churches in the Diocese. It is the church’s policy to donate approximately 10% of its unrestricted general income, to support Christian mission work in the United Kingdom and overseas. The net result for the year before revaluation of fixed assets was an excess of expenditure over income of £6,577 on unrestricted funds and an excess of income over expenditure of £4,208 on restricted funds.

Reserves Policy

The reserves policy was changed, by the PCC, during 2023. The bank balance of £51,902 on 31 December 2024 on unrestricted funds equated to slightly less than 4 months of all unrestricted payments. The current reserves policy states that we should keep 6 weeks’ worth of general expenditure, an extra 10 weeks of wages plus monies pledges in support Caleb’s Mountain in reserve. This is currently in the region of £30,000. It is our policy to invest funds not required for immediate use with the CBF Church of England Deposit Fund.

Volunteers

Our volunteers give much of their time and energy helping out in many of the areas of church life – perhaps 80%+ of the work and service is done by willing volunteers. Without these committed volunteers our Church could not reach our community in the way it does. Their work includes the children, young people of our Church and community, the elderly, the local school, maintenance of our buildings, music and much more. Special mention to our Church Wardens Andrew Ewens and Louisa Smallpage-Mitchell. Our thanks to the years Shirley Robinson has been Treasurer, the role has been ably passed to Christine Wakerley. Also to all the members of the PCC for their valuable contribution to our ministry here at St. James, enabling the church to run smoothly.

Structure, governance and management

The method of appointment of PCC members is set out in the Church Representation Rules. At St. James the membership of the PCC consists of the Incumbent, Church Wardens and members elected by those members of the congregation who are on the Electoral Roll of the church. All those who attend our services/members of the congregation are encouraged to register on the Electoral Roll and stand for election to the PCC.

Decisions that need to be made on matters within the church and the parish itself become the responsibility of the PCC. Part of their role is to decide where the funds of the church are to be distributed.

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The full PCC met six times during the year and all meetings were quorate.

Administrative Information

St. James Church is situated in Bream in the Forest of Dean. It is part of the Diocese of Gloucester within the Church of England. The correspondence address is St James’ Church Centre, Coleford Road, Bream, Lydney GL15 6ES.

The PCC is a body corporate, PCC Powers Measure 1956, Church Representation Rules 2006. (and a Charity excepted from registration with the Charity Commission.) The PCC was made up of the following members during 2024:

Ex Officio:

Stephen Harrison Don Ely

Wardens:

Matthew Rees – until May 2024 Dave Chappell – until May 2024 Andrew Ewens – from May 2024 Louisa Smallpage-Mitchell – from May 2024

Deanery Synod:

Annie Hemsley Bridget Wilks (left mid-term) Sergio Do Nascimento (left mid-term)

Elected Members:

Jane Simpson Shirley Robinson - Treasurer Louisa Smallpage-Mitchell Cheri do Nascimento Christine Ely Glenn Egan Peter Bean Jonathan Hawken Andrew Ewens Iain Searle Barry Stevens Marie Veale Claire Phillips Co-opted – Lucy Crick PCC Secretary

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St James Church, Bream Financial Statements for the year ended 31 December 2024

Statement of Income and Expenditure for the year ended 31 December 2024

Tfr Container Grant to LL
Linking Lives from CG
11,542
Total Expended Resources
Net incoming resources
before revaluation of fixed
assets
Net Movement in Funds
Total funds brought forward
Note
Incoming Resources
Donations, legacies and similar
incoming resources
Luncheon Club/Under 5s
CYFW
8
Other income generated from
activities of the church
Income Tax Recovered
8
Charitable Trusts
Caleb's Mountain
10
Linking Lives
11
Church Centre Income
Interest
Sundries
Total Incoming Resources
Resources Expended
Parish Share
Wages and Expenses
1
Property and Office Costs
Mission and Charity Donations
2
Caleb's Mountain
10
Linking Lives
11
Church Building/Car Park
Repairs
Sundries
Gains andlosseson
revaluation of fixed assets
for the church's own use
3
(2,000)
2,000
0
7,168
163,631
12,430
(6,577)
4,208
(9,319)
0
(15,896)
4,208
445,964
22,018
Unrestricted funds
£
Restricted/
Designated
Funds
£
97,775
5,182
24,245
3,299
22,004
0
500
14,670
1,200
20
248
16,638
2,628
2,767
-846
157,054
75,000
43,178
22,718
15,567
794
94
176,061
(2,369)
(9,319)
(11,688)
467,982
Total 2024
£
97,775
5,182
24,245
3,299
22,504
14,670
1,200
20
2,628
3,015
-846
173,692
75,000
54,720
22,718
15,567
794
94
0
7,168
172,852
14,242
(8,731)
5,511
Total 2023
£
115,015
4,100
0
6,410
24,785
0
11,260
4,565
2,773
2,806
1,725
173,439
76,500
45,174
20,526
15,314
536
351
13,466
985

6

Total funds carried forward

430,068 26,226

456,294

7

Creditors: amounts falling due within one year 5 Total Funds 12

St James Church, Bream Financial Statements for the year ended 31 December 2024

Balance Sheet as at 31 December 2024

Note
Fixed
Assets
Total Fixed Assets
Current Assets
Total Current Assets
Net Current Assets
Net Assets
Income
Fund
Total funds
New Church Centre
Tangible Assets
3
Debtors and Prepayments
4
Cash at bank
371,644
61,076
2,652
58,424
430,068
430,068
430,068
Unrestricted funds
£
368,498
3,146
9,174
51,902
0
0
27,636
1,410
26,226
26,226
26,226
26,226
Restricted/
Designated
Funds
£
141
27,495
371,644
88,711
4,062
84,650
456,294
456,294
456,294
Total 2024
£
368,498
3,146
9,314
79,397
Total 2023
£
376,969
3,994
380,963
10,106
98,103
108,209
21,190
87,019
467,982
467,982
467,982

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St James Church, Bream Financial Statements for the year ended 31 December 2024

Accounting Policies

Basis of accounting

These accounts have been prepared on the basis of historic cost (except that buildings are shown at market value) in accordance with UK accounting standards and with the Charities Act 1993

In accordance with the Statement of Recommended Practice (SORP 2007) and the Charities Act 1993, these accounts have been prepared using the accruals basis of accounting. There have been no changes in accounting policies since last year.

Accounting Policies

Incoming resources are recognised when the church becomes entitled to the resources, the members of the PCC are virtually certain that they will receive the resources, and when the monetary value can be measured with sufficient reliability.

Grants and donations are only recognised when the Church has unconditional entitlement to the resources.

Incoming resources from tax reclaims are included in the accounts at the same time as the gift to which they relate.

Fees for examining the accounts

No fees were paid for examining the church's statutory accounts. (2023:£nil)

Tangible Fixed Assets

Fixtures and fittings are depreciated over 5 years on a straight line basis. Only purchases in excess of £1000 are capitalised. Buildings are presented at their estimated current market value and amortised over a period of 50 years Computers are depreciated over a period of 4 years

The church building does not belong to the PCC though it is their responsibility to maintain it. We do anticipate that the heating will need an expensive upgrade in the not too distant future

Reserves Policy

At the March 2020 PCC meeting the following policy was agreed: The Reserves Policy of the PCC of St James Bream

is that we should hold money to cover 3 months of general expenditure plus 4 months of wages. Additionally, monies committed to other projects eg Caleb's Mountain and Linking Lives should be held in reserve.

In November 2023 it was decided by the PCC to reduce the reserves to 6 weeks general expenditure with 3 months of wages and other monies committed to remain the same. It was felt that the congregation would not simply stop giving and therefore it was safe to do this.

Additionally at the beginning of 2022 it was agreed that, should funds allow, the sum of £5000 per annum will be transferred to a building fund to offset further major repairs. There was no surplus with which to do this at the end of 2024.

Notes to the accounts

1. Staff Costs and Expenses

Staff Costs and Expenses
Staff Wages
Clergy Expenses
Casual
40,956
1,047
1,175
43,178
2024
35,487
448
981
2023
36,916

Number of paid employees during the year Casual = Verger and organist at weddings

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St James Church, Bream Financial Statements for the year ended 31 December 2024

2. Charitable Donations

During the year the Church made the following charitable donations:-

Jane and Hans Koebele and family (OM)
Bible Society
Teens in Crisis
Christians Against Poverty
Tear Fund
Turkey
Overseas
6,600
1,000
7,600
Home
500
1,000
1,000
500
3,000
Total
6,600
500
1,000
1,000
500
1,000
10,600

The PCC made the decision to retain £1000 of missionary giving to support people from St James carrying out missionary. work. This would predominantly but not exclusively be for youth.

The balance of the figure shown at '2' relates to local mission such as lunch club, under 5's, youth and children's work along with monies donated from special collections.

3. Tangible Fixed Assets

Cost or Valuation
Balance brought forward
Accumulated Depreciation
Balance brought forward
Additions
Disposal of Assets
Balance carried forward
Depreciation for year
Balance carried forward
Net Book Value at 31 December 2024
Net Book Value at 31 December 2023
Freehold Land &
Buildings
£
423,560
0
0
423,560
46,591
8,471
55,062
368,498
376,969
Fixtures &
Fittings
£
18,803
0
18,803
14,809
848
15,657
3,146
3,994
Total 2024
£
442,363
0
0
442,363
61,400
9,319
70,719
371,644
380,963
Total 2023
£
438,125
0
438,125
34,910
9,044
43,954
4. Debtors and Prepayments
Inland Revenue Gift Aid (inc CYFW)
Interest due at year end
9,073
Unrestricted
£
8,601
472
Restricted/
Designated
141
100
41
Total 2024
£
9,214

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St James Church, Bream Financial Statements for the year ended 31 December 2024

5. Creditors: amounts falling due within one year

Creditors: amounts falling due within one year
Falconer & Gilbert Architects
Foodbank
Baby Bank
HMRC
Sundry Gift
Total
2024
£
969
500
60
802
80
2,411

6. Restricted and Designated Funds

Church Building Fund
9
Caleb's Mountain
10
Linking Lives
11
For Container
Fund Total 2024
£
3,577
22,340
309
26226
Movement
2024
2023
£
3,329
16,119
570
2,000
22,018

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248 6,221 (261)

(2,000) 4,208

Above figures have taken accruals into account

The £2000 for the container refers to a grant awarded to us by the Co-op which had not been spent at the year end.

7. Related Party Transactions

It is the policy of the PCC to reimburse the Vicar for his out of pocket expenses in full. 2024:£239 2023:nil

Three full members of the PCC were employed by the church

8. General Income & Gift Aid

In 2023 The total of general income and that for CYFW was presented as one figure. For 2024 the two figures were presented

separately as the CYFW figure is quite a significant percentage of the total. There is therefore no comparable separate figure on the Income and Expenditure to show for 2023. A proportion of the gift aid money received was on CYFW donations.

9. Church Building Funds

Opening Balance
Expenditure
Interest on Funds
Closing Balance
2024
2023
3,329
248
3,577
5,065
(1,968)
232
3,329

St James Church, Bream Financial Statements for the year ended 31 December 2024

10. Caleb's Mountain
Opening Balance
Donations
Grants
Gift Aid Received
Salaries
Other Expenditure
Closing Balance
2024
16,119
1,200
10,000
500
(4,685)
(794)
22,340
2023
5,080
1,260
10,000
315
(536)
16,119

The grants for both 2023 and 2024 were from the Growing Faith Foundation through the

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Growing Faith Learning Hub Project

11. Linking Lives
Opening Balance
Tfr from PCC (Container Money)
Grants (Anchor Foundation)
Other Income
Salaries
Other Expenditure
Total C/Fwd
2024
570
2,000
4,640
50
(6,857)
(94)
309
2023
2,614
2,000
4,450
115
(8,609)
570
12. Movement in Reserves
Reserves at 1 January 2024
Net gain / (loss) for the year
Transfer of Funds
Movement in Tangible Fixed Assets
Reserves at 31 December 2024
Unrestricted funds
£
445,964
(6,577)
(9,319)
430,068
Restricted/
Designated
Funds
£
22,018
4,208
0
26,226
Total
£
467,982
(2,369)
(9,319)
456,294

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