ST JAMES CHURCH, SOUTHBROOM
Registered Charity Number 1134059
Annual Report
and
inancial Statements
of the
Parochial Church Council
foi. the year ended 31 December 2024
Bank
HSBC Bank
45 Maiket Place
Devizes
Wiltshire
Independent Examiner
Mrs A M Cioss FCCA
The Alanbiookes Gi"oup Ltd
TIA JS Weeks & Co
l O Market Place
Devizes
Wiltshiie

INDEPENDENT EXAMKNER'S REPORT
TO THE MEMBERS ofi THE PAROCHIAL CHURCH COUNCIL OF
ST JAMEI S, SOUTHBROOM
I report to the P￿.oChiaI Church Council on my exaniination of the accounts for the yeai. ended
31 December 2024.
Responsibilities and basAS of report
The members of the PCC are responsible foi. maintaining proper accounting recoi'ds and pi'ep¢ll'Èng
account which comply with the requii'ements of Section 145 of the Charities Act 2011 (the Act).
l iepoit in iespect of my examiiiation ol the PCC'S acoounls carried out undei section 145 of the 201 l Act
and in carrying out my examination I have followed all the applicable directions given by the charity
commission undei. section 145(5)(b) of the act.
Basis of independent examiner's statement
My examination was caiTied out in accordance with the geneial direction given by the Chai'ity
Commission. An examination includes a review of the accounting i"ecords kept by the charity and a
compaiison of the financial statements pi'esented with those records. It also includes consideration of any
unusual items of disclos￿.eS in the financial statements and seeking explanations from the PCC
concei'ning any such matters, The procedures undei"laken do not provide all the evidence that would be
required in an audit and consequently no opinioii is given as to whether the accounts present a 'true and
fail view, and the iepoi't is limited to those matters set out in the statement below.
Independent examiner's statement
I have completed my examination. I confirm that no material matters have come to my attention in
connection with the examination giving me cause to believe that in any material i'espects'.-
l. Accounting i'ecords were not kept in respect of the Ch￿llty as requested by section 130 of the
Charities Act 2011 ' 01.
2. The accounts do not accord with the accounting i'ecoids" or
3. The accounts do not comply with the applicable i"equii'ements concerning the form and content of
accounts set out in the Charities (Accounts and Reports) Regulations 2008 othei. than any
requireinent that the accounts give a 'true and fail view which is not a mattel considered as p￿￿
of an independent examination.
I have no conceills and have come across no other matteiE in connection with the examination to which
attention should be di'awn in this report in order to enable a proper understanding of the accounts to be
reached.
Mrs Alison Ci'oss
The Alanbrookes Group Ltd Tla JS Weeks & Co
Ch￿te1'ed A¢counlants
l O Mai'ket Place
Devizes
Wiltsliire
SNIO IHT
17 April 2025

PAROCHIAL CHURCH COUNCIL PARISH OF ST JAMEI S, SOUTHBROOM
IINANCIAL STATEMENTS
for the year ended 31 December 2024
INDEX
Page
Statement of Financial Activities
Balance Sheet
Notes to the Financial Statements

PAROCHIAL CHURCH COUNCIL PARISH OF ST JAMES, SOUTHBROOM
STATEI MENT OF FINANCIAL ACTIVITIES
for the year ended 31 December 2024
Unrestricted Restricted
Funds
Funds
Total Funds
2024
2023
Note
Incoming Resources
IncoiT]ing Resources from Donors
Othei Voluntary Incoming Resources
Incoine froin Charitable
& Ancillary Trading
Income from Investments
2a
2b
179513
1700
16498
196011
1700
198621
8400
2c
2d
40610
21046
40610
21046
28163
23683
Total Incoming Resources
242869
16498
259367
258867
Resources Used
Chui'ch Activities
216292
24687
240979 235784
Total Resources Used
216292
24687
240979 235784
Net Incomingl(Ovtgoing) Rcsources
Transfers Between Funds
Gains and Losses on Investments
Unrealised (reduction)/increase in value
26577
(8189)
18388
23083
2411
2411
8757
Net Movement in Funds
Balances as at l January 2024
28988
233661
(8189)
467463
20799
701124
31840
669284
Balances as at 31 December 2024
262649
459274
721923
701124

PAROCHIAL CHURCH COUNCIL PARISH OF ST JAMES, SOUTHBROOM
BALANCE SHEET
as at 31 December 2024
Note
2024
2024
2023
Fixed Assets
Land and Buildings at Cost
Investment Assets at Market Value
210979
118073
193000
112336
Current Assets
DebtoiE
Cash at Bank and in Hand
7785
393085
3222
409685
400870
412907
Liabilities:_
Citditors:_ Amounts Falling
Due Within One Year
(7999)
(17119)
Net Current Assets
392871
395788
Iyct Assets
721923
701124
Funds
Um'estricted
Restsicted
262649
459274
233661
467463
721923
701124
Approved by the Parochial Church Council on 28 April 2025
igned on its behalf by
Chaimian
Treasui'er
The notes on pages 3 to 9 form part of these accounts.

PAROCHIAL CHUIICH COUNCIL PARISH OF ST JAMES, SOUTHBROOM
NOTES TO THE FINANCIAL STATLMEI NTS
for the year cnded 31 December 2024
Accounting Policies
The financial statements have been pi'epaiEd in accordance with the Chui'ch Accounting
Regulations 2006 togethei with applicable accounting starAdards and the Charities SORP.
The financial statements have been pi"epai'ed undei. the historical cost converAtion except foi. the
valuation of investment assets, which al'e shown at mai'ket value.
The accounts include all transactions, assets and liabilities foi- which the PCC is responsible in law.
They do not include the accounts of chuich gioups thal own theii mciin affiliation to another body
noi, those that aiE informal gatherRngs of Chiii'ch membei's.
Funds
General funds represent the funds of the PCC that are not subject to any restiictions reg￿.dIng their
use and are available foi. application on the general p￿yO8eS of the PCC. Some funds designated
for a p￿tIcula1 purpose by the PCC al'e resti'icted. fioi. example, some of the Cottage Properties
Fund intei'est can be used foi. ecclesiastical woi'k in the p￿,ish.
Incomlng Resources
Voliiiitary iiicome aiid capil(Il resoiii'ees
Collections are recognised when received by or on behalf of the PCC.
Planned giving receivable under gift aid is recognised only when received,
Income tax recoverable on gift aid donalions is recognised when it becomes i'eceivable.
Grants and legacies to the PCC accounted foi as soon as the PCC is iiotified of Its legal
entitlement and the amount due.
Funds i'aised by the fete, garden paity and siniilar events ai"e accounted for gross.
Otlier ordinary income
Dividends and interest al'e accounted for when recekvable.
Tax iecoverable on such income is recognised in the same accounting yeai..
Gains aiid Ioss oit invesÉnients
Realised gains or losses ale iecognised when investments are sold.
Unrealised gains or losses are accounted for on revaluation of investtnents at 31 December,

PAROCHIAL CHURCH COUNCIL PAIUSH OF ST JAMES, SOUTHBROOM
NOTES TO THE FIINANCIAL STATLI MEI NTS (Continued)
for the year ended 31 December 2024
Accounting Policies (Continued)
Resources Used
Gi'nnls
Gi'aiits and donations al'e accounted for when paid over, oi. when awai'ded, if that awai'd creates a
binding obligation on the PCC.
Aclivities di.i'ectly relntiitR to Ilie ivork of Élle Cliurcli
The diocesan parish share is accounted foi when payable. Any share unpaid at 31 De¢embeL is
piovided for in these accounts as an operational (though not a legal) liability and is shown as a
ci'editor in the Balance Sheet.
Fixed Assets
Consecraled laiid find biiildings aiid movable cliiii'Llifiiritisliings
Consecrated and beneficed propeity is excluded fi'om tlie accounts by s.96(2)(a) of the Ch￿IlLeS Act
1993.
No value is placed on movable church furnishings held by the chui'chwardens on special trust for
the PCC and which i'equiie a faculty foi disposal sirAce the PCC considers this to be inalienable
propeity. All expenditui'e incurL'ed dui'ing the yeai. on consecrated or benefiLe buildings and
movable church tui'nishings, whether inaintenance or impi'ovenient, Rs ￿Itten off as expenditui'e on
the SOFA and sepai'ately disclosed.
The PCC own the Pai'ish Centi."
(now known as the Southbroom Cents'e, victoi.ia Road) and the
th
land theieon as set out in the conveyance of12 Febiualy 1976. The original cost is not known and
the PCC believes that no use￿] puiyose is served by valuing it.
Inveslnieiils
Investments are valued at market value at 31 December.
Ciirreiit nssels
Amounts owing to the PCC at 31 Decembei. in respect of fees, rents or othei. income dl"e shown as
debtors less provision for amounts that may prove uncollectible.
Short-tei'm deposits include cash held on deposit either with the CBF Chuirh of England Fuiids,
Viigin Money oi" at the bank.

PAROCHIAL CHURCH COUNCIL PAIUSH OF ST JAMLI S, SOUTHBROOM
NOTEIS TO THE FINANCIAL STATEMENTS (Continlled)
for the year ended 31 December 2024
Unrestricted Restricted
Fund
Total Funds
2024
2023
Incoming Resources
Incoming Resoul'ces fi.om Donors
Planned Glving - Pledged Offei'ings
Other Offerings
Legacies and Gifts
Income Tax Recoveiable
Donations
129778
10190
3556
28045
7944
129778
10190
19604
28045
8394
137615
10153
16048
28969
21884
450
179513
16498
196011
198621
b, Other Voluntary Incoming Resources
Giants... Wiltshii'e Council
Other Funds
3400
5000
1700
1700
1700
1700
8400
Income fi'om Charitablw and Ancillary Trading
Fees - Mariiages and Funerals
Parish Centre Lettings
Magazine Sales and Adveitising
Piinting and Heating
Church Lettings
St James Centre
Floweis and Coffees
Youth Activities
Adult Activities
Festival
4667
9520
738
435
1192
18599
534
1840
242
2843
4667
9520
738
435
1192
18599
534
1840
242
2843
3205
6620
609
556
2774
14399
40610
40610
28163
d. Income fi'om Investments
Deposit Interest
21046
21046
23683
Total Incoming Resources
242869
16498
259367 258867

PAROCHJAL CHURCH COUNCIL PARISH OF ST JAMES, SOUTHBROOM
NOTEI S TO THE FINANCIAL STATEMfi NTS (Continued)
for the year ended 31 December 2024
Unrestricted Restricted
Funds
Funds
Total Funds
2024
2023
Resources Used
Activities Dii'ectly Relating to the Work of the Church
General
Parish Shal'e
Outwaid Giving
Mission
Independent Examinei's and Piofessional Fees
Chui'ch Life
Clergy Expenses
New Staff Costs
Adult Activities
Youth Worker's Salary
Youth Activities
Parish Weekend
Training
Copyi'ight Licence
Social
Festival ExpenditUlE
Subsci'iptions and Sundi'ies
Bank Ch￿.geS
Legacies and Gifts
Cliiii'cli Expeiises
Insw'ance
Light aiid Heat
Repaii's and Maiiitenance
Choir and Organist Expenses
Service Expenses
Equipment
Cliiircli Office
SeciEtaiy/Finance Assistant
Equipment
Printing and Stationery
Telephone
Si Jomes CenlrdParisli Ceiitre
Insuiance
Light and Heat
Repaii's, Maintenance and Cleaning
Equiprnent and Conimuiiications
Water
104410
15400
444
502
104410
15400
444
502
100394
16700
34742
522
26312
441
175
906
906
1265
14279
1478
1265
14742
1478
463
(53)
200
1241
719
4507
1336
921
2723
702
254
1449
4507
1336
921
2723
702
254
25465
447
242
24016
4224
8130
5902
(80)
1100
651
4224
8130
5902
(80)
1100
651
3958
9597
3204
444
588
750
16116
4500
1923
4123
208
16324
4500
1923
4123
15575
22
2048
3764
2031
8700
8301
95
2031
8700
8301
95
1938
5376
6010
78
350
216292
24687
240979
235784

PAROCHIAL CHURCH COUNCIL PARISH OF ST JAMES, SOUTHBROOM
NOTES TO THE FINANCIAL STATEMENTS (Continued)
for the year ended 31 Deeember 2024
Staff Costs
2024
2023
Gl'oss Pay and Pension Costs
48236
52498
During the yeai" the PCC employed an Administratoi., a CYP (Childi'en and Young Peisons) Woikei.
and a Debt Ceiiti'e Manager.
Avei'age numbei of employees: 3 (2023.3)
Fixed Assets for use by the PCC
2024
St James Centre
Net Book Value l JanU￿"Y 2024
Improvements
193000
17979
Net Book Value 31 December 2024
210979
2024
Investments
Maiket Value l Januaiy 2024
Income Received
Revaluation
112336
3326
2411
Market Value 31 Decembei. 2024
118073
Note:_ The above investments are rests'icted. The capital and income cannot be used foi general
expenditure pury)oses.
Debtors
2024
2023
Copyi'ight Licence
Insurance
Gift Aid
Electricity Recharges
Fiincral Directois
1403
5390
992
1336
602
834
450
7785
3222

PAROCHIAL CHURCH COUNCIL PARISH OF ST JAMES, SOUTHBROOM
NOTES TO THE FINANCIAL STATEMEIYTS (Continued)
for thc ycar ended 31 Dcccmbcr 2024
Liabilities:.
Amounts fi alling Due Within One Year
2024
2023
Vicai. RJS Expenses
Independent Examiner's Fee
Clei'gy r,xpenses
Youthworlc Activities
Agency Collections
Payroll/Pension Liabilities
6157
480
15000
480
882
1362
757
7999
17119
Analysis of Net Assets by Funds
Fixed Current Current
Assets
Assets Liabilities
Total
Funds
Unrestricted Funds
Genei'al Fund
Building Repairs Fund
Legacies and Gifts Fiind
66670
159445
44533
(7999)
58671
159445
44533
Total Unrestricted Funds
270648
(7999) 262649
Restricted Funds
Fixed Assets Fiind
Legacies and Gifts Fund
St James Centre Fund
118073
118073
130222
210979
130222
210979
Total Restricted Funds
329052
130222
459274
Total Funds
329052
400870
(7999) 721923

PAROCHIAL CHURCH COUNCIL PARISH OF ST JAMEI S, SOUTHBROOM
NOTES TO THE FINANCIAL STATEMEI NTS (Continued)
for the year ended 31 December 2024
Charitable Status
The PCC is a Registered Charity. The Registlation Numbei. is 1134059.
The official name is:
The Pai'ochial Chui'ch Council of the Ecclesiastical Paiish of St James, Southbroom. Devizes.
The woiking name is:
St James, Southbioom PCC, Devizes.