Bury Parish Church
ANNUAL REPORT AND ACCOUNTS 2024

Alm5 snd Purposes
The Parochial Church Council of the Parish Church of Saint Mary the Virgin Bury has th¢ responsibility of cooperating with the
incumbenL the Revd. Julian Healon in promoling the ecclesiastical parish through the whole mission of the church, pastoral,
evangelistic, social and ecumenical. The PCC is also spccifically responsible for thc maintenance of the chU￿h House complex.
Objectives *nd aetlvltl
The PCC is committed to enabling as many people as possible to worship In our church and to kcorne part of our parish
community. The PCC maintains an overview of worship throughout the parish and makes Suggestions as lo how our service can
involv¢ the many groups aclive therein. Our services and worship put faith into practice through prayer and scripture, music and
sacrament. Ivhen planning activities for the year we have taken note of the Charity commission guidance on public benefit and in
parti'cular the guidance for the advancement of religion. In particular w¢ ty to enable people to liv¢ out their faith ID these unusual
lirnes as part of the parish community through
Worship and prayer; learning about the gospel; developln8 their knowledge and trust in Jesus
b. Provision of pastoral care
L Missionary and outreach work
We realise the importhnce of maintaining the fabric of both the church and the church house in order to facilitate this.
ACHIEVEMENTS AND PERFORMANCE
Worship and prayer
The PCC is keen to offer the community a range of services during the week and ovcr the course of thc year that are fvlfillin8.
Weekday services. evensong etc. and also a quiet environment.
All are welcome to attend regular services.
The number on thc elcciotal roll at the end of D¢¢ember 2024 stands at 194. 16 people havc been added since the prcvious year and
I per%)n sadly died.
Average weekly attendance during Octobcr WLS 170.
Baptisms
26
Weddings
Funerals in Church
Funernb at Crunatorium 6
Deanery Synod
The church has three representatives on Deancry syno￿ one of whom is the Lay Chair and another the secretary.
The Church House eomplex
This buildin8 plays a significant part in the lif¢ of our church. being used on a daily basis by church members and organisations and
not Iwt the contril￿tion il makes to the fllwices through letiings.
P•5toral care is undertaken through the members of our ministy and by voluntary pastoral visitOTS.
Mi$sAon and Evangelism
The parish is working lo share the gcrf)d news of Jesus Christ with the pcople of Bury. A Mission Plan committtt conlinues to work
on the MAP driving it forward. We are engaged with a Fo(Ml Bank and continu¢ to grow our relationship with the work of the
Children's So¢i¢ty.
FKumenleal rel•tlonshlp$
We are repTesenied at Bury a]urch¢s Together by the Rector bul would like to also have a lay reprcscntative. Members of the
LX)ngregation tske part in the Good Friday Walk of Witness and others contributc to the work of the Street Pastor.
Page I

Volunteers
We acknowldge that the church would not function without the large number of volunteers who undertake a wide range of
sponsibilities.
Rtttor's Comments
Although pages of figures can be Tather monolonous, we are all aware of the importance ofhaving monetary resources, so we Can
fulfil our mission and underlying ainis acr055 Bury Parish Church. To this end, we are extremely fortunate lo have a team of
people. who manage our finances and conlinuously strive for e￿i¢l¢ncY and value for money. Chaired by Pat Uden, the Finance
Committee ensures that we have robust short-terni and long-terni plans in place, which cover both expenditure and rcvenue
generation. This Work is underpinned by the sustained support of our Treasurer, Alan Davies, who has maintained a prudent
approach to the day-to-day management of our finances, whilst cnsuring that we make Optimum use of the generous donations
received from across our congregation and beyond.
The figures contained in this report detail the requisite reSOu￿e$ that we need to effectively function 85 a Church. A strong
financial base allows us lo deliver our mission and ministry, where we support each other and the wider community and continue to
deliver the Good News of Jesus Christ across Bury.
FlnAn¢lil Revlew
Throughout 2024, we received a number of legacies, which totaled just under £21,Cl)O. This has helped us to further fund the
upgrade of Church Hall, where an additional £38,H3 was spent across the year oul of the Gcnerdl Fund.
Total receipts on unrestricted funds were £252,689. Revenue from Church Hall rents improved on its 2023 income figure and
brought in £43,780. Similarly, car park rents and income from The Wylde car park also showed an increase and returned revenue of
£47.996. Combined. these two sources of external fijnding represented 36.3 /0 of the total unrestricted income. In addition to this.
the coffee shop opened for business on Ash Wednesday in 2024. Run by volunteers, the coffee shop has consistenily madc a
wttkly nct profit. as well as being a community hub for the people of Bury. A big thank you must go to all who have contributed to
its success over the past year.
Our Parish Share of £89.231 for 2024 was paid in full, which means we are eligible for the Diocese's 'Encouragement S¢heme'
payment that will sec a reduction of 20/0 againsl our Parish Share figure for 2025.
Over the past number of y¢ars, the PCC has been preparing for the following major projects:
Church Roof: We have always been aware that the roof was nearing the end of its life and will be in nttd of replacemenL
£24228 has been given to support this work in prior years. This huge projecl will be reliant on aid from the National
)tt¢ry Heritage Fund and is unlikely to start in the next few years. All money received in advance will be held in an
Appeal Fund until needed. In preparaiion for this project, the sum of £50,OCrf) is Currently Ixing held in a designated fiuKI.
Church Surrounds: It is hoped that subslanlial grant funding will be secured to support this projecL which will be delivered
in collaboration with Bury MBC. An application for fundtng will be submitted to the Nalional Lottery Heritage Fund in
the coming weeks and we also plan to rcach out to local businesses for additional fu)ancial support. Bury MBC made a
grdnl of £50,688 in 2022 and the residual balance is being held in the rcstri¢t¢d Appeal Fund. whilst a further £45,0￿ IMS
been ¢annarked by the PCC and is held in a designat¢d fund for the project.
New Sound System - following a tendering pr￿esS, we have now engaged a company called Keyslone to instsll a new
sound/streaming system. The cost of the system will be circa £53K and payments will be staggered over a two-year
period. An application for a Faculty is du¢ to be submitl¢d, with the aim of ¢omm¢n¢ing th¢ installation of th¢ systeni aft¢r
Easter.
Unrestrictethsignated funds decreased by £7,898 whilst Restricted Funds increased by £1,932 before a revaluation of
our investment asKts saw an increase of £6,285 across all funds, Total Funds at the year-end increased by £319 10
£958.880.
Page 2

Resernt5 Pollcy
The PCC is ever mindful of the scale and value of the church building. which also brings potential for unexpecled and major costs.
li is therefore the PCC policy io maintain a balance on liquid unrestricted funds which equate lo betwcen six and twelve months
unrt5tricted paym¢nt8 to cover emergency situations that may arise from time lo time.
The Thistees calculate the reserves as thal part of the charity's unrestricted income funds that is freely available after taking ac¢wnt
of designated funds that have been earniarkcd for specific building or other major projccts. The unrestricted liquid reserves
currently stand at £306.333 and ￿ calculated as follows:
Total l?quid unrestricted fund&. £4(M)368
£94,035
Tt is our wlicy to invest our fun(ts with the Clwities Official Investment Furf with the CBF Church of EDgland Investment Fund
and in collective funds with trustee status.
Strucfvr4 govenbance and mxDigement
The PCC is a corporate b(Mty &stsblisbed by thc Church of England and is a registered charity. The method of appoinlment of
members is set out in the Church Representstion Rules. All church attendees are actively encouraged to register on the Electoraj
Roll and to stand for election to the PCC. The membership consists of
Incun)benl the Rector:
Julian Heaton
Craig Giles
Shetla Beattie
Pat Webber
fromMay2018
Eric Duckwortb from May 2018
Deacon
OLM:
Wardetts:
Deanery Synod Members (ex Officio on PCC)
Kath PollaTd (Deanery Synod Secretary)
Keith Smith
pcc
Diana Hampson (Vice Chair)
Darren Biega (PCC Secretary)
Alan Davies (Treasurer)
Janice Harvey
John Uden
Pat Uden
John Ankers
Da%￿) Wighi
Julian Higgins
Ray Tait
The church also a Standing committee consisting of the Rector: the Virx Chair. PCC secretary tyl tr¢asur¢r. the cbaiTS of
FinaD¢e' Fabric; Publicity; Social and Congregation Commilt¢¢s.
Page 3

Revlew of the )'eir
2024 wras yet again a dilTiculi year. Despite this the church has continued to s¢rve to congregation with services being streamed to
those who ¢(wld nol attend in person.
Members of the pastoral gTDup also kept in contact with those who wwe unlikely to see mAny peopl¢ on a regular basis. Christmas
and Fx8ter bag5 Mtre taken out and hol meals were a150 on offer.
We could not have carried out these activities without the help of the many volunteer5 who so generously offered their services and
our grate￿1 thanks go out to all. We continue to have fL￿d and other donation boxes at the back of the church and agaiD we ar¢
grdteful for everyone's genLYOSity.
The PCC met four times during 2024 Mryth an average attendance of14.75 (81.940/0). Sub committees have also continued to work
gether.
Rev'd Julian Heaton
Chair of the PCC
Dazren Bie8a
In Ihe schedules ihaifollow there may be minordiScrepa￿ieS in the lolals as thepence are nol showi
Page 4

INDEPENDENT EXAMINER'S REPORT TO BURY PARISH CHURCH PAROCHIAL CHURCH COUNCIL
I rqK)rt to the trustees on rny examination of the accounts ofBury Parish Church St Mary the Virgin for thc ycar ended 3111 December
2024.
Responslbllitles and basls of report
The members ofthe Parochial Church Council are responsible for the prq)aration of the accounts in ac¢ordan¢c with the requirements
of the Charities Act 2011 ('the Act,).
I re[￿ in respeth of my examination of Bury Parish Church St Mary the Virgin's accounts carried out under section 145 of the 2011
Act and in carying out my examination I have followed all the applicable Directions given by the Charity Commission under section
145(5XTr>) of the ACL
Independent examlner's statements
Since Bury Parish Church St Mary the Virgin's gross income exceeds £250,000 your examiner must be a member of a body listed .
section 145 of the 2011 A¢L i confum that l am qualified io undertake the examination beuuse l am a member of ICAEW, which is
one of the listed bodies.
I have completed my examination. I confm thal no materia] matters have com¢ to my attention ID conne¢uon with the examination
giving me cause to believe that in any material respect:
axounting records were noi kept in reswt of Bury Parish Church St Mary the Virgin ￿ required by section 130 of the ACL
2. the accounts do not acrA)rd with those records; or
3. th¢ accounts do not comply with the accounting requirements concerning the forni and content of accounts set out in the
Charities (Acwunting and Reports) Regulations 2008 other than any requirement that the accounts giv¢ a'true and fair view.
w￿.Ch is not a matter ￿nsIdered &s part of an independent examination.
I blve DQ ￿ve come across no other matters in connection with the examination to wbich attention should be drawn in
this report in order to enable a prow understanding of the accounts lo be reached.
-le forfkJ,,Tr
P¢frr Nicol Bsc FCA
Independ¢nl cxaminer
Tower House
269 Walmerslry Road
Bury
BL9 6NX
Da¢¢..
Page 5

Statement of Flnanclal Activltles
Unrestrlcted Restrlcled Endowment
funds
funds
funds
Total Prlor Y•ar
funds total funds
Incomlng r•sOu￿•S
IncomirKJ rex)urces from generaled funds
Voluntary income
Activilies for generaling funds
Investmenl income
IncomirKJ resources from chariiable adivilies
Olher incoming resources
Total Incom•
539
169.109
109.779
16.742
5.991
1,700
303,861
121,261
107,825
14.838
8.840
122,246
109,402
19,19)
8.840
1.577
4.352
253,449
6,914
260,363
R•sources us•d
Cosl of generating funds
Cost of generating voluntary Income
Charilable actsvities
Govemance costs
Total •xp•ndltur•
6,499
7,827
236.858
10,163
261,347
6.499
7.837
241,830
10,163
266,329
10
4.972
9.703
324.751
4,982
350,055
N•t In¢om• l (•xp•ndltur•) r••ourc•• b•for•
transf•r
(7,898)
1,932
(5,966)
(46,195>
Trnn8f•rs
Gross Iransfers betsveen funds . In
Gross transfers betsveen funds - out
(Xh•r r•cognlzed galns I loss••
Gains I losses on investment assets
141
(141)
73
(73)
(141)
2,425
6,285
23,803
N•t mov•m•nt In funds
(5,614)
4,933
1,000
319
(22.392)
Total fund• brought forward
653.229
261,663
43,669
958,581
980,952
Total fund• carrl•d forward
647,61 S
266,596
44,669
958,880
958.561
R•pr•s•nt•d by
Unr•strlct•d
General fvnd
553,580
553,580
559,360
O•slgn•t•d
Church SurroLf*d$
Remembrance Garden
Roof Fund
45,(YJO
{965)
45.0
(965)
45,OLXI
<1.131)
R•strlct•d
ms
)peal FurKI
Choir
Choir Events
Choir Scho
Fabric
Flowers & Decwatlon
Missions
7.395
69,849
19,627
740
7,395
69,849
19.627
740
7.425
70.596
18,863
168.031
{143)
1.477
162,347
168,031
(143)
Endowm•nt
Choir
General PuTpose8 Endowments
32,576
12,094
32.576
12.094
31,847
11,823
Page 6

Balance sheet
Total funds
Prlor
•ar funds
Flx•d •s¥•ti
TIn￿ble assets
Invgstrnents
247,247
247,247
274 610
521,857
528,143
Curr•nt ••••ts
Debtors
Cash at b•nk In h•nd
561
16.114
435,577
451,691
446,266
Ll•bllltl•#
15,529
14,987
N•t ¢urr•nt ••••t• l••s curr•nt l￿bIlItI•l
430,737
436,704
Totsl *ss•t• l•*• curr•nt Il•bllltl••
958,880
958,561
ToL•l asMt• Il•bllltb••
958 880
R•Fx•Mrrt•d by
Llnr••trlct•d
G￿er¥I fvnd
553.5KI
559,380
D•sl9n*t•d
Projects
RCKJI Fund
CJ)urth SufrourKI•
Y¢)uth (>oup
1965)
(1,131)
45,(KM)
45.ClXI
R•strtd•d
7,395
69.849
19.627
740
168,031
(143)
7.425
70.596
18,8&3
29)
162.347
Fund
Choir Evwtl
F•bn
1.477
Endowm•nt
32,575
12,093
31,847
11.823
Funds ol th• ¢hw¢h
958 880
Page 7

Statement of assets and Ilab115tles
Gen¢r•l Desl
nited Restrlcted Endowment Thls Year
Last Yelr
Flx•d •¥i•ts . Inv•stm•nls
417 Mrs. Harvty TNSI-
418 JL Marthanl Trusl-
420 A H Baber Wuest-
421 Bishop Homby Prayer W-
423 LH Green Beouest-
424 J Whitehead Fa￿l¢-
425 Bishop Homby Fabrlc-
426 JG Walker Choir-
428 J ￿l*ehead Cholr-
430 J G Newton-
433 Bishop Hbll ch￿r-
450 Churth Fabne Fund-
471 Whitehead Endowm•nt-
476 Crornpton Family-
501 Hannah ASnsworth Fa￿l¢-
508 D Holl; ASM P￿CoCk-
674 D ￿1ttarn-
726 TA Whittarn-
758 J Porter MBE .
767 J&4 F•brtc.
7.214
7,214
7.214
4.948
2.89)
1.434
10,267
4.995
2.890
2.890
83.265
15.793
3.630
2,821
6.128
3.122
10.182
4,232
1.734
13.892
7,053
7.053
7,214
4,948
2.8
2,826
1,402
10.037
4.883
2,826
2,828
81.402
1S.439
3.549
2.758
1.434
10,267
4.995
2,8
2,890
83.265
15,793
3,630
2,821
6,128
3,122
3.052
9,955
4,137
1.695
13,581
89.311
274,610
10,182
4.232
1.734
13,892
Tot*l•
108.430
127.797
280,890
Flx•d ••••t• - T•figlbl• *•••ts
Churth Hall-
Wylde C•r P•t*.
120,000
127247
247.247
120,LU)
127247
247.247
120,C
127,247
247.247
CurT•nt . C••h al bank and In h•nd
Bank OJrr￿t ac£ounl.
Ajms Fund Aco)unl-
COIF dèr•)Slt aC£th￿t-
Wardens Flo•l-
C•sh In h•nd-
77,888
94,035
124.431
296,354
289.477
134,218
347
15.000
{2131
149,218
134
141.945
493
Tot•l•
212,453
•4,035
139,211
44S705
435,577
Curr•nt ••Mt•. D•b¢w•
toJnts ReL41Va￿e-
knoLbnts H•ll ￿ll1'n9¥-
HMRC: Glft RKov•r•bl•.
561
561
1.138
11,976
16.114
T¢lal#
561
561
Ll•bllltl•8- Cr•dltQf•: Amwnl• l•lllng du• lfi
419
419
Ao))unts P•y•bl•-
15.110
15.110
14,987
Tot•l•
15.110
419
15.529
14.987
Gi•nd tot•1
553.580
.035
266.590
44,609
561
Page 8

Fund movement by type
enln
Incomln
Out oln
Trinsfers GAlnJnoJses Journ•lJ Closln
Alms- Alm•
Restricted
7.425
7,425
30
30
SU￿101•1 for Alm•
7,395
App••l - App••l Fut
747
747
Su￿1¢)￿￿1 for App••l
70,596
69,849
Cholr- Cholr
Restr'cted
EndovM•nl
18,863
1,237
291
729
1,020
19,627
Su￿01•1 for Cholr
50,710
1,237
764
52,203
Ev•nts - Ch¢lr Ev•nt¥
R¢str¢ts
450
450
740
740
SU￿t01•1 l¢f Ev•nt•
290
F•brf¢. F•brf¢
168.031
168,031
su￿¢0￿1 for F•lxl¢
162,347
3,115
2,569
Fl¢)w•r•. Fl¢y•Mr• & D•cor•tlon
535
535
819
819
141
141
143
(143)
S￿￿t01•1 for Flow•r•
G•nPurp. G•n•f•l Purpo••i End
Endowm•nt
271
271
12,094
12,094
Sutstol•l for G•nPu
11,823
M•mlGdn•. R•m•mbr•n¢• G•rd•n
Deslgnatvj
Su￿01•1 M•mlGdn•
760
594
(965)
888
888
Su&t+)t•l lor Ml••lon•
1,577
1,353
pro￿¢￿ . ProJ•ct•
D•slgn•trA
SU￿0￿1 for PfoJ•¢t•
Roof. R¢)ot Fund
D•sign*tsd
SulAot•l for R*)ol
S0,O¢JO
8¢hool- Cholr School
ROS￿•d
208
208
Stsb4ot•l for SGho
1,477
1,269
Swround•- Church Surround•
45,IX)O
45.000
Su￿0￿4 for Surr•und•
45.000
TBC . Youth Gioup
Sub40ts1 l¢x TBC
G•n•r•l . G•n•r•l lund
Uni85tiid•d
559 360 252 689
559,360
252,689
260,753
260,753
141
(141)
553,580
553,580
s￿￿10t•1 for G•n•i•l
2,425
Grind tothl
260,363 266 329
6,285
958,880
Page 9

Analysis of income and expendlture
Tol41
ear
Unrestrlcted Desl
nated Restrlcted
Endowment Thlj
L*st
eir
INCOME AND ENDOWMENTS
Ineomlng resourc•s from g•n•rated funds
1280- Candle Income
539
539
Tolal
Incoming resources from generated funds - Voluntary Income
0101- Grft Aid- Bank
40,603
0110- Gfft Aid - Envelopes
11,416
0201- Other planned giving
13,685
0301- Loose plate colleclions
2,571
0410 - Giving through church boxes
5,846
0550 - t)onations appeals etc
3,674
0601- Tax recoverable on Gift Aid
13,012
0701- LegaC￿S
20,944
08A1- Non.recurrirvJ ontroff grants
0901 . Other funds generatsd
100
150
40.703
11.566
13,685
2.571
5.846
3.869
13,102
20.944
44.936
16.995
9,555
4,￿7
2,219
49,765
17.510
500
20.920
1.802
169,109
195
9.510
121.261
450
Total
122.246
Incoming resources from generated funds - Activitles for generatlng funds
0920 - Concert- Ticket Sales
8.400
0921 - Concèrts- Food incom8
1,106
0930 - Tea Money
0950 - Fundraisir¥J Events
1220 - Bookstall sales- fund raisirNJ
1240 - Church hall lettings- fund
raising
1243- Car Park Rents
1250- Magazine income- advertising
1260- Parish magazine sales
8,400
1.106
1.577
4,723
466
8.234
4.126
1,457
6.619
1.577
4,723
43,780
47,996
795
559
107.825
43.780
47,996
795
559
109,402
42.342
45.487
698
451
109.779
Toial
1.577
Incomlng r•source8 from g•nerated funds - Investment Incom•
1001- Divwjends
3,271
1020 - Bank and buikliThJ society
intèrest
11.567
4,352
7,623
11,567
7,506
9.238
Totsl
14,838
4.352
19,1
16,742
Incomlng resources from ¢harltabl6 actlvltles
1101- Fees for weddings and
funerals
1270- Churth Events
1275 - Remembrdn¢e Garden
Inscriptions
6,675
1,405
6,675
1.405
5.282
116
593
760
Total
8,080
760
8.840
5.991
Other Incomlng resources
1310 - Insuranco claims
Total
INCOME TOTAL
252 689
760
260 363
303 861
Page 10

EXPENDITURE
Cost of gen•ratlng funds
1731- Costs of Lunchtime Concerts
Total
6,499
6.499
5,938
Cost of generating funds - Cost of generatlng voluntary Income
1730- Costs of fetes & other events
Total
10
10
7.827
7,837
5,938
Charltabl• actlvltles
1830 - Giving - ￿lief and
development agencies
1850 - Home mission
1870 - Secular Charit￿9
1871- Other Grants
1910 - Ministry parish share elc
2001- Assistanl Staff Cost
2C#J2 - Dom & Organist Salari8s
2003 - Choir Wages
2050 - Salary of parish admlnlstrator
2101- Wothing expenses of
Incumbent
2102- Salary of Recto¢s PA
2120 - Council tax
2131- Rectory Gardens
2140 - Water rates- vScaragè
2301- Church running - insurance
2310 - Church office - telephon8
2320- Organ I piano tuning
2330 - Church maintenance
2340 - Upkeep of seN
2345 - Flowers
2350 - Upkeep of chufthyanl
2360 - Administration
2401- Church running - electric
2410- Church running- gas
2420- Church running- waler
2450 - Cosl of Church Activrties
2530 - Hall running - el￿triCity
2540 - Hall running - gas
2560 - Hall running - maintenance
2580 - Hall running - water
2701 - Church major repairn-
structure
2710 - Church major repair8-
Installation
2801- Hall + major repalrs - structure
2820 - Hall + malor repalrs -
Installats.
2840 . Other PCC wopety upkeep
Total
224
224
1,149
1.149
3,120
3.896
87,444
73
15,257
1,235
3.278
2.7
3,278
2,783
87.444
73
15.257
1.235
3,278
2,700
3,278
2.783
89,367
15.950
1.034
3,206
2,71YJ
3.206
2.651
698
13.063
3.008
2,670
5,322
1.522
698
13.063
3.008
2.670
5.322
2,286
819
1,535
6,315
5,583
11,448
607
1,568
2.148
6,589
16.367
1.210
485
12.689
2,426
2.178
4.787
1,712
958
466
3,911
819
747
5.583
11.448
7,667
403
2.608
2,201
5,225
10.809
298
2,148
6,589
16.367
1,210
1,269
57.840
38,443
525
38.443
525
69,304
105
236,264
105
241,830
594
4,972
242
324,751
Governanc• costs
2601- Governance costs
examinab'￿Iaud1I fee
2602 - Treasurers Fe68
2,010
2.010
8,153
1,920
7,743
Total
EXPENDITURE TOTAL
260,753
594
266,329
350.055
GRAND TOTAL
8,064
1,932
46,194
Page IJ

ACCOUNTING POLICIES
Th¢ PCC is a public iKmefit cntity Wlthin th¢ mcanin8 of FRS102. The financial slalemenis havc bc¢n prepared under the Chariti¢s Act 2011 and
in accordancc with the Church A￿OuntIng Rcgulations 20￿ govcrning Ihc individual occounls of PCCS. and with the Regulations'lrue and fair
Vic￿ ' provision& ond thc Statement of Rccominended PrActic¢, Accounting and Rcportin8 by Charities (SORP {FRS102)),
ASSETS
Coftsccrnied Ind bcntflce property
In far as consecrat¢d and ￿nefiCe propeTty of any kind is ex¢luded from the stalutory definition of 'charity' by Sedion I￿2) (a) Ind (c) of thc
Charilits 2011 such &ssrts are ¢apitilis¢d in the finonciai stal¢menlS.
mo),￿ble Ch￿r¢b furnlsblngs
These are capitalis¢d at cosi *nd depreciated ovff their usefijl economic life other than where insuffici￿1 cost inforniation 1$ *vailabl¢ In this case
the iiem is N)1 eapiulised bui a]1 items are includ¢d in the Church's inventory in any c&8e.
TADgible fixed 1sse¢s for ust by ¢h*rlty.
These or¢ ¢apiialised if th¢y can be used for mor¢ than one y¢or. ¢0* at least £S.(KK). Th¢y are vaiu¢d at cost or ¢ls4 for gifts-in-kind. •t a
reasonable estimate of thcir op¢n market value on r¢¢eipL
Depreci•tion is calculated to write off the capitalised cost of r￿ed l¢ss their currently anti¢ipatcd residual fair value thcir tstimated
uscfisl lives Ls follows:
Land
FiKtur¢s & Fittin8S
20 years
Compulcrs
3 years
No depreciation is provided on buildings as the currently estimated residual valu¢ of the pr(y¢rties is not lus than their c•rryin8 v•lue and the
Temainin8 us¢fvI life of assets exceeds 50 ye4r& so that any depreciation dJaTgcs would be immaterial.
An impaimi¢nt review is ￿led out 41 exh ye4fvend and any resultant loss identified included in expenditure fff the ye4r.
Inve5tmtntJ
Inv¢stments qUOt¢d on a Tccognised ￿0¢k exchange or whose value d¢rivcs from th¢m Irc valu¢d At markd v￿u¢ at the yrar end Oth¢r
investmcnts arc included at PCC'S best estimate of market vaiue.
Short term dtposlti
These •r¢ the c&sh h¢ld ￿ de￿￿t either with CCLA or at th¢ bank
FUNDS
Ullrestrl¢led Fts#ds
These T¢present th¢ r¢mainin8 income of the PCC that is available for spending on th¢ general PUTWSeS of the PCC. including amounts d¢signated
by thc PCC for r￿ed assets for its use or for spending ffl a futUT¢ projert and which are thercfor¢ not incluikd in its 'free reserves. as
disclosed in the trustres. rew
Restrlcted Fulld•
These are in¢rrn¢ funds that must b¢ spent r¢strirted puryxws Ind detsils of th¢ funds held and restriction provided Ire shown in the notes to
the acwunts.
Endowmtll¢ Fundi
These are rcstricted funds that rnu￿ b¢ retaineAJ as trust capita] either pennanently or $ubj¢rt to a discretionary power to spend capital &s income,
and wher¢ the use of any inwme or othu knefit derived from the capit41 may be restricted or unrestricted. Full d¢tsils of all their restrictions arc
show) in the notes to the accounts.
INTERESTS OF PCC MEMBERS
Contracts to the value of £1244 werc awarded during the year lo Eric Duckworth Heating & Electrical. Ftts of £2038 were paid to
the PCC Tr¢asurer, Nigel Rushworth (up lo 3 IS¢ March 2024) and Alan Davies (also in the capacity of Tr¢asurer and as successor lo
Nigel Rushworth) from 14 April 2024 onwards, which iotaled £6115.
EMPLOYEE EMOLUMENTS
Number of cmploy¢¢s al the y¢ar cnd
under £23,C(rt)
Page 12

INDEPEl%DE￿T EXAMINERS RENIUNERATION
A provision of £1,950 has been made in the accounts in respect of accountancy services.
TRknSFERS BETIVEEN FUNDS
£141 has been transfenrd from unrestricled funds io the Flower Fund to make good a deficit in that fund.
Mindful of the major projects which are looming, in 2019 the Trustees designated £50,CK)O from the unrestricted fund in respect of
the new Th￿)f ￿,hICh is needed and a further £45,000 in respect of the exterior works which are needed to rq)air the surrounds of the
church. The Trustees intend that designaled funds are spent within a reasonabl¢ period of receipt and therefore forestt a need only
to maintain reserves sutTicient to provide a certainty of funding for major building projects.
The Trusices review the balances held in designated fimds to delern)ine whether these fimds are likely to be ¢ommitted in the near
future and the extenl to which the￿ is a conlinuing need idents'fied for any designated fund. The Trnst¢¢s will be undertaking a
review of designaied funds to ensure thai they are all active. Any inactive funds will be closed and th¢ funds ttansfcrred to reserves.
ANALYSIS OF NET ASSETS BY FUND
Unrestricted Dt$lgDaled
Funds
Funds
355,677
221,095
14.987
559 359
Restricted
Funds
127,797
136,727
Endowment
Funds
Tot21
Funds
558,143
451.691
Fixed Assets
Current Assets
Cuzrent Liabilities
Fund Balance
93,869
958 561
FIXED ASSETS FOR USE BY THE PCC
Tangible fixed ass¢ts:
Frcebold land and buildin
£247247
£0
£247247
BOOK VALUE
At l January 2024
Additions / Disposals
At 311t December 2024
b)
Inveslments
Total Market V•lue •t 31 Dttember 2024 £280096
12148 shar¢s in CBF Investment Fund- historical cost 31 December 2024 £60,1(KI (2023: 12148 sharcs. £60,1￿)}
Page 13

The Parisli Clii4rcli of Si Mary (he Virgiii
Tlie Rock
Biiry
Registered Charity Nuniber 1133863
Corre.fpoiidence address..
The Parisli Office
The Reclory
Tithebarn Sireet
Biiry
BL9 OJR
Email.. biirypcoffice@gmail.com
I￿vW.burypar1shehurCh.eOM