Financial Statements of the Registered Charity. Stretton Parish J•SQls stretton Parish fvr the year ended 31 December 2024 Incumbent: Revd Steve Johnson The Rectory CardingmilL VaLLey Church Stretton Independent examiner. T Lunt BA FCCA MTPI WR Partners Chartered Accountants Shrewsbury Registered Charity Commission Number 1134069
Stretton Parish Annual Report to Church Members For ihe year ended 31 December 2024. Reference and Administrative Inforniation Siretton Parish comprises St Laurence's Church in Church Stretton. St Michael's Church in All Stretton, and AKI Saints Church in Little Strellon. This group ofchurches is part of the Condover Deanery of the Diocesc of HerLford within thc Church of Englan(L St Micha¢l's fonns part of a Local Ecuinenicat Partnership (LEP), with a United Reforn]ed Church in thc West Midlands Synod. Thc corrcspondence address for the parish is" The Parish Office, Church StreeL Church Stretton, SY6 6DQ. The Rector's P.A. can be contacted at offic a.'stretton .uk or phone on 01694- 724224. The P]Sh website can b¢ found at www.stretto arish.or Structure? goi'ernance and management The Parochial Church Council (PCC) is a corrate body established by the Church of England. The PCC operates under the Parochial Church Council Powers Measure. The PCC was exempted by order from registerÉng with the CEkarity Commission, however following recent registration changes the PCC retered during 2009 and has been allocated Charity Commission Number 1134069. PC,C members who have served during 202412025 are as follows: Cle x: (ex-officio) Rcvd Stcvc Johnson (Rcctor) Revd Prebendary Christobel Hargraves (A&sociate Minister) Rcvd David Andrews (Curdte) Eeumenieal URC Minister (non-voting) Revd Hazel AIICD Churchwardens: (ex-officio) Mrs Julie Lawton Mr Steve King Churchwarden5: (ex-officio) Mr James Foster, St Laurence Mrs Moira Matthews, All Saints Mr Malcolm Forbes, St Michael's (resigned 2014124) Treasurer lei-officio) Mr Graham Vince Deane nod Re resentatives elected for 2 3 Mrs Andrea Graham (appointed 2014124) Mr Dan Wallis (appointed 2014124) Mr Michael Edmunds (appointed 2014124) Mrs Gail Dyer (appointed 2014124) Mrs Sarah Iiobinson (appointed 2014124) ear term ex lrin 202 Elected for 3 ear term (expiring 2025) Mrs Cathy Watson Mr Daniel Robinson
MTS Anne Braddick Ms Pat Gregory (resigned 2014124) Elected for I car terni irin 2025 Mr Graham Jackson (appointed 2014124) ex Elected for 3 vear term (expiring 2026) Mr Graham Shuttleworth Elected for 3 ear term (expiring 2027) Mr Ben Roberts (appointed 2014124) Mrs Lorrdine Mccrohan (appoint¢d 2014124) Methodsy policies and procedures for appointmen( induction and training of neiTr members All Church attendees are encourdgcd to rcgister on the Electoral Roll and stand for election to the PCC. Th¢ mcthod of appointment of PCC members is set out in the Church Representation Rules. Ninc mcmbcr5 are elcctcd to the PCC with elections hcld every y¢ar for thrce mmbcr.s who scrvc for three years. PCC members are allowed to s¢rve for two three-year temis after whicb they are required to stand down for at least one year. In addition to thcsc elected members, the Rector, the Associatc Minist¢r, th¢ Curate, the Churchwardens. the Deputy Churchwardens and the Treasurer serve ex-officio as members of the PCC. The Rector's P.A. attends the PCC, meetings in an observer capacity and minute taker. Separatc church committees are elected for each church 10 oversee local matters, and these committees report regularly to thc PCC. The PCC has the following sub-committees or task groups". -
Finance Committee -delegated authority frotn the PCC to manage and review finlmcial matters. HR Committee - delegated authority from the PCC to oversee employment & ongoing management of staff, including safeguarding issues. Standing Committee - del¢gat¢d authority from the PCC for urgent matters arising in between PCC meetings. Environmental Committee- to consider and assess options and make costed recommendations to the PCC to help the Parish reach its target of carbon neutrality by 2030. Welfare Group - to consider tbe welfare of our leaders. and to support them. The following major risks identified by the PCC and their control processes are as follows: _ Protection The PCC has a Safeguarding Policy with all leaders who work with young people and vulnerable adults required to undergo regular checks and follow the policy. The PCC atTanges annual reviews of church properties from a health and saf¢ty perspective and ensures all those preparing food on church premises have the appropriate Food Hygiene Certificate. Financial o The PCC arranges for an Independent Financial Examination of its books and records with a local, professional accounting fRrni. The PCC reviews its investments and invc5tment policies through the work of its Finance Committee. Property The PCC insures all its properties through the Ecclesiastical Insurance Company. The PCC appoints a flmi of Architects to condud 5 yearly reviews of its properties and advise on all buildings and modifications work.
The PCC has related Trusts and endowed funds as follows: _ The CD Wilson Trust The CD Wilson Trust was established on 27 June 1973 between Constance Douglas Wilson and the Rector and Churchwardens of the Parish Church of Church Stretton for the establishment of a charitabl¢ fund to provide workers and visitors for the aged at home or in institutions or homes, in or near the Parish of Church Stretton. From l April 2007 the Parochial Church Council agryecd to amalgamate the accounting and recording of the work of this trust as a segregated endowrynent fund. o The Rector and Churchwardens continue as Trustees with oversight of the ongoing "ork of this charitablc trust which currently supports the work of vÈsiting within the Parish. Durkng 2024 considerable work was done in updating the objectives for the Trnst and these were agreed by the Charity Commission during the year. We hope to be spending considerably more of the money held in the Trust during 2025126. Objectives and Aetivities In setting objectives and planning for activities, the membcts havc given due consideration to thc gencral guidance published by thc charity commission in relation to public benefit. The PCC has the responsibility of co-operating with the incumbent to promote, in Stretton Parish. the whol¢ mission of the Church, pastOT21, evangelistic, social and ecumenical. It also has maintenance responsibilities for its three church buildings, and the Parish Centrc. Our purpose as a parish is to makc Jesus known. Central to this is our dependence upon the HOIY Spiri( prayer and God's Th'ord. Each of us brings our gÉfts and skills to be used together as a Parisb, to Make Jesus Known. The Parochial Church Councils (Powers) Measure 1956 states that the PCC 'is to cooperate with the ministcr in promoting in the parish the whole mission of the Church, pastoral. evangelistic, social and ecumenical,. AII PCC members, as charity trust¢es, have had regard to the Charity Commission's public benefit guidance, where relevanl in exercising their powcrs and duties. Our purpose is achieved by doing three things: Growing community. _ intentional mission This means that we seek to be a visible presence in the Strettons community, building relationships with those who live and work here and offering everyone the opportunity to belong and to believe. Walking with God - intentional discipleship This means that we help each oth¢r to become faithful followers of Jesus seeking to live out our faith amidst the challenges of our daily lives. Serving the Strettons & be>'ond - intentional service This means that we seek to 'love our neighbours, by walking alongside thein through the 'ups' and 'downs' of life and looking out for their needs.
Achievements and Performance Please see the Annual Report to the APCM which contains: _ Electoral Roll Information
Review of the Year ReLtors Report Youth Ministers Report Churcb Wardens Report Report from St Michael's Report frorn All Saints Deanery Synod Reports from 0upS and activities Reports of ongoing projects Financial Review Total income levels for 2024 were £277,972 compared with £306,951 in 2023. The decrease was due to reduced restricted fund giving during the year, compared to 2023. Total eXpendire for 2024 was £283.278 comparcd with £334,004 in 2023. The decrease was due to reduced restricted fund expenditure during the year, compared to 2023. The operating account shows: _ St Laurence's had an operating deficit of £10,437 for 2024, compared to a deficit of £7,144 for 2023. St Michael's bad an operating surp15 of £422 for 2024, cornpared to a dcficit of £631 for 2023 All Saints had an operdting surplus of £1,633 for 2024. compared to a deficit of £2,617 for 2023. The Foodbank s¢t up during the last quarter of 2013 by the Parish, in conjunction with 'Chui"ches Together in the Strettons, continued to operate and develop from the Parish Centre main hall. The work of collecting/purchasing food and distributing food has increased considerably throughout the year, due to the economic situation. Investment income was positive in 2024 due to the markets, and the investments increased in value by £1,672, compared with an increase of £3.640 in 2023. The short-terni deposits decreased in value in 2024 by £9,337 compared to a decrease of £31.555 in ?023. The PCC remains laigely invested in the cash deposit funds of the Church of England. The PCC reccived no legacies during 2024 (2023: £6,500). The PCC used its freehold property in Church Stretton (5, Sandford Court) for investment puryoses. All our churches donate l 00/0 from their general giving to their mission partners - for 2024 this amounted to £16,439 for St Laurence's, £4,347 for All Saints and £2,030 for St Mich<tel's. In addition, £4,314 was given at desiated collcctEons which was passed to thc selected beneficiaries. Reserves Policy For St Laurence's, there is a balance of over £250,000 unrestricted reserves or bank bal}CeS which equates to more than a yeavs expenditure. For St Michael's and All Saints there are sufficient balances to cover operating expenditure and likely maintenance costs. Both churches bave specified provisions to cover future repairs or modifications to their buildings.
The PCC holds significant reserves in non-liquid forni most notably the Parish Centre and 5 Sandford Court. which provides valuable propety assets for the work and ministy of the Parish. The PCC holds significant assets (£76,108) in endomqnent funds which provide incomc to be used for the work within the Parish. However, the capital assets (£57,902) behind these trusts are not available for gcncral PCC usc. Tbe free reserves of the PCC arc £102,629 (2023: £113,091). The PCC considers this unrestricted amount suitable to cover unforeseen emergencies. It is PCC policy to invest our funds balances with the CBF Church of England Deposit Fund. This report was approved by the TnLStees and signed on their behalf by: Julie Lawton (Church Warden) Steve King (Church Warden) 29 March 2025
Stretton Parish Independent Examinerfs Report to the Trustees of Stretton Parish I report to the charity trustees on fny examination of the acwunts for the year ended 31 December 2024 which are set out on pages 7-17. Responsibilities and basis of the report As the charitls trustees you are responsible for the preparation of the accounts in accordan with the requirements of the Charities Act 2011 ('the Act,). I report in respect of my examination of Ihe charity's accounts carried out un(fer section 145 of the Act and in carying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. Independent examinerfs statement I have completed my examination. I confinn that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material Tespect: l. accounting records were not kept in respect of the charity as required by section 130 of the Act; or 2. the accounts do not accord with those records. or 3. the accounts do not comply with the applicable requirements conceming the fomi and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'tnJe and fair view, which is not a matter considered as part of an independent examination. I have no concems and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. 0410412025 T Lunt BA (Hons) FCCA MTPI WR Partners Chartered Accountants Belmont House Shrewsbury Business Park Shrewsbury SY2 6LG
¢rJ o ooocN -O(O INo- (OO as 1> U lj cy X f*J tN ¢D Q)
Stretton Parish BALANCE SHEET as at 31 December 2024 Note 2024 2024 Total 2023 Total FIXED ASSETS Tangible fixed assets Investment assets 5a 5b 224,367 62,723 287.090 229,267 61,051 290 318 CURRENT ASSETS Debtors & prepayments Short temi deposits Cash at bank and in hand 10,067 193,646 48,093 251.805 8,047 202.983 44,092 255 122 CURRENT LIABILITIES Amounts falling due within one year Accnjals & creditors 21,678 21,678 24,589 24,589 NEf CURRENT ASSErs 230,127 230,533 NET ASSETS LESS LIABILMES 517.217 520,851 Represented by ACCUMULATED FUNDS Unreslricted Designated Restricted Endowment 12 327,135 86,077 27,898 76,108 517,217 337,571 85,462 24,477 73,341 520,851 10 11 Signed on behalf of Stretton ParTsh 2q.ry .MAkcH....ZDZ5.. . Julie Lawton (Church Warden) Steve King {Church Warden) The notes on pages 9- 16 fonn part of these accounts
Stretton Parish NOTES TO THE FINANCIAL STATEMENTS For the ar ended 31 Dècember 2024 1 A¢¢ounllng Pollcles Otheronlin8ry income - Rentsl inu)me from the letting of the Churth premises re(%yJntsed when received. These financial statemÈnts have been prepared ift acC(rKe with the Church Accounting RegutKInS ?0 together with applic8tJe aCCOLtnting stsndartls an(J the SORP 2019 IFRS 1021. Income from Inveslments - LIvidtt$ and interest are accounted for en receNed - Tax recoverable on suth incorne is recognised in the same acccunting year. The finanual slatements have been prepawl in accordan th the Ststement of Recommended Pracli.. Accounting and Repoth'ng by Chartbes preparing their arLounts in 8ccordance with the Finantial ReportirHJ Standard5 8pplicable In the UK and Republic of IreLqnd {FRS 1021 upd8ted January 2019 and Financial Reporting Stsr¥dard applicable in the United Kingdom and Republi¢ of lieland IFRS 1021 an Charit'es Act 2011. GnS and I0S on Inv8strn8nts - Realised gains or Josses are re¢ognised when investments are sdd. - Unrealtse(J gains or losses are accounted for on investsn8nt revalLtations as at 31 December. Thtsse financial statemerts have tjeen prepared underthe historical cost convention excepl for the valuation of investment assets which a shown at market vath. The fin8n¢i8I statements indude all Iransactions, assets 8nd liabilities for whth the PCC is responsible in law_ They do ftot include the accounts ol church groups that owe their main affiliatTron to another bcty nor those thal are infoTrnal gather6ngs of Churth membe. GJFnls Grdnts and donatton5 a acujunted for when paid over. or when awarded, if that abyard crèates a binding obligatton on the PCC. Ac11S relating to Ihe orth8 Church The Parish Share is accounted foT kn payable. Any unpaid Share at 31 0mber is provided for in these accounts as an operational liabilty and i8 shos¥n 2$ a Lyeditor on Ihe Balance Funds General funds represeFtt the furKls of the PCC that a n£rt subject to any restrictions regarding their use and are available lor application by Ihe PCC for genefal PLtrpcGes. Funds designated for a particukr purpose by the PCC a also vnreslricted bul have been shown separatety for presentalion purposes. Flxed Assets Consecrdted builthngs and chuF¢h fvmishings Consecrated and benefit%d property is excluded from thest accounts by s.10121{al of the Charities Act 2011. No value is placed on rn0veab cuTch fumi5hings held by the churcwardens on spe081 trust for the PCC 8nd whith requires a fawlty for disposal Sir the PCC considers this to be Ina12b1e property. Al èxpenditure incurred during the ear consecxated or benefi(* buildings or moveable chvreh fiAn[le, whether maintsnanct or improvement. Wren off as expenditure in the SOFA and 5eparaleSy disclosed. Endowment funds are fvnds, the (wital ofwhich musl b maintained., onty incJ)me arising Irom investment of the endowment may be used either as restricted or unresth'cted fvnds depending upon the PUEPOSÈ for whicth the endownt was e5tablishEd. Restricted funds represent inix#ne from tnjsts or endoThents which may be expendd only on those Testricted objects prowd8d in the temjs of the trust or bequest and donab.ons or gfants received for a speafc object or Invrted by the PCC f(K a speafic obiect for which they may onty be expended on the speofic owt for which they were given. Any balance remaining unspent at the end of each year musl be carried forward as a balartce on that fLmd. Olher tawble fixed assets Other prOpties owned by tre PCC are shown in the Balance Sheet 8t ¢)¥Inal CA)St. Th8 depreaation charge is on a Straht line basis over 50 Current experHJilure on the buildings is wiiten off as incuffed. otherffxlures. fillngs and olke equipmsnl Indt¥idual items of equipfnent wtth a Purchase prr¢e of £5.000 or less are written off when the asso1 FS acquired. Solar paneL8 are induded at cost and depre¢ialion charge is on a straight line basis over 25 year5. Incoming Resourc Voluntary Income - Collections are recogntsed when lecewed by on behalf of the PCC. - Collections tsken atfuneral Servi aTP not included in the accounts of the PCC. - Plaed giving recetV8ble under Grft Aid is recAJgni5ed only when receNed. - Income tax recoverable on Gtft donations is recogniy& when the income is recognised. - Grants and legacles to the PCC s a¢Inted for as soc as the PCC is nDtrfd of its leg81 entttlement, the amount due is quantifiable and its ultimate rewpt is reasonabty cwtsin. - Sales of books and magazines from the church bookstsll ar8 accounted for gross. Invethjents Investments are vahjed at Ihe maVKel walut njhng for 31 Drnber. CUeI ASt$ Amounts to the PCC at 31 December in respect offees. rents or inra)me a shown as Debtots less provision for amounts th8t may prove urwllectabje. Short temi deF¥)Srts represent Iwh hekl on depowt with the C8F Church of England Funds.
Stretton Parish NOTES TO THE FINANCIAL STATEMENTS (CDntinued} For thè yoar onded 31 December 2024 Incoming Resour¢es Unrestrirted Funds st Restricted EndovKnent 2024 2023 LaijrWe Saints Mith*s Funds Funds Total Total 2a Incoming resoue$ from doncvs Planned giving Gift Aid & other plUeS 120.761 10.270 14.544 10,332 155.16 154.004 Income tax recovered 27,730 3.176 2.335 3.820 37.061 39,283 Collecb'ons (open platel 8.428 2.118 1.2 14.442 17.205 Mis5ion/charity Donattons 4,314 4,314 12,480 Sundry Donations 7,654 20,569 28,223 36,842 164,573 16,052 18.997 40,325 239,946 259,813 2b Other voluntary incoming resources Donations, appeals.gtfts 1.040 447 8.149 7,720 Legaties 6,500 6.662 1,040 447 8.149 14,220 2c Income from operating activifyes,. lo further the COun-1'S objectivps Bookstall {see note 13) 95 Pash Cerrtre Isee note 14) 5,807 5.807 6,786 Fees & hire of thurth 2.591 3,497 6.143 PV income (see note 14) 1,886 2,122 Insvr8nce clalms 2,292 10,340 2d Income fmm investments Rent from builijings IveStMent incomefinterest 6,600 85 6,68S 5,712 7,095 26 2.372 11,946 9,769 13,695 1.491 26 2.372 15,481 Total In¢omlng Resour¢ 188.608 24.204 21,991 40,797 2,372 277,972 306,951
Stretton Parlsh NOTES TO THE FINANCIAL STATEMENTS (continued) Forthe year 8nded 31 D8cernbBr 2024 Resovrces Expended 2024 Funds Tcrtal Total 3a Donatlons OvpJseas IAi55 6,165 1.269 8,489 8,431 Home Miwon 10274 3291 761 14,327 15,326 Chartties l Grfvs 4,314 4.314 13.480 16,439 4.347 37 3b Adiwties di¢1 relatio7 to the work of Ihe chu Parish and URC sha 9,429 10.965 106,299 104.245 K4inlstrFesIseNM expenses 8.340 17 1,169 10,066 ChurGh running expenses 19,698 4,428 28,222 65,286 Church maintee 821 14.108 Youth WLwk Bookst311 Isee note 13) 37 Centre runnw ewses (see 141 18,474 331 18.805 17.964 Salaries and wages (see note41 1.152 32.695 38.010 Outreach 916 851 Food Bank & PovBty Rebef 31.560 31.560 ministratiOTr 8XP8nses 3.669 Mistellaneous expenses 3,163 118 3,429 2.714 M*nTslry exFJenses 1.470 Parish Weekend Away Flat paIts and maItrteTrae 5,f27 5.127 1,205 t)epreuaty"( 184 579 18 3c Govem8nc8 Costs A¢countsncy fees 1e67 225 2209 225 Totsl Resources Expendwj 21.371 20.477 37,377 1,169 283,278 334,OC
Strètton Pwlsh NOTES TO THE FINANCIAL STATEMENTS (¢ontinued) For th• y•ar •nded 31 D•cember 2024 S¢aff costs 2ff24 2023 W8ges and salaries Social wjrity Ernployerfs pensK)n ctirrtritKrtions 35,570 4.191 1.316 1.742 1,224 38.010 headcount exsK8ss8d as a full time 8quNant was 212023 was 21. ring the Ythe PCC wryed a Pan5h Seereiary and one p8rt-time ChiklreTr & F8rnilie5 Myxker. In addition, fyan5515 and Cleallers were pad on a seifmployed or casual basis. None of Ihe above eamell £60.LVXI t)r more. Dui4NJ the year 1¥# any remuneration, b6rfits in kiNJ or reinursement of eXpseS. LJriN3 ihe Y Ihe Chanty has tAoyeEs nationJ insurance that was in prewous yeats and is c4)vered ty the small wnpbyers a1avr4r. Fixed Assets for by the PCC Freehrld Land Solar Panel and 8uikling5 lnstall8b.on Tangble fixed assets COST 368.4G7 -145,2110 12.500 DEPRECIATION As at 1 JaThJary 2024 4.400 NET BOOK VPLUE As at 31 December 2W24 218,867 5,500 NEf 800KvUE As at31 223 223,267 The freehold land and bJibJing5 comprise the Parish Cenlre and S, Sandtord CwrL 5b Purchase Unrealiwj 2023 4.713 f Cost Gw'NhsS 108 2024 4,821 4.821 CBF Chuith of Engtand Investment FurNJ 4.713 108 CD Wilson Endowmgnt COIF Charities Investment Fund COIF Charities Fixed Investrnent FurKI 19.845 36.4WJ 448 20.293 37.609 56.338 1.564 57.902 Total Irwe5tments 61.051 1.672 62.723 D>torS and pr•paym•nts 2024 Grft aid 2.313 4.578 Other recoverable 6.220 1,534 10.( 3.469 Prepayments 8.047
stretton Parfsh NOTES TO THE FINANCIAL STATEMENTS (continued) For the year ended 31 December 2024 Credltors and accruals 2024 2023 Acrruals & creditors 12,165 15,405 134 Deferred income Mission payments 9,513 9,050 Anatysls of net Assets by Fund Fued Current Current Fund Liabilities Balance Unrestrided Funds 219,688 123.844 -16,397 327,135 Designated Funds 79.939 4,362 86.077 Restricted Funds 29,817 -1,919 27.898 Endowment Funds 57.902 18.206 76,108 Totals 2024 287.090 251,806 -21.678 517,217 Designated Funds BIF as at 1.1.2024 Gainsl losses CIF as at 31.12.2024 Income Expenditu Transfers All Saints Church 28,617 24,204 21.371 -1,200 30,249 AV upgrade Donations from reserves Flat expenses M8inten8nce- Parish Centre 4.507 12,888 16.166 303 5.127 3,649 4.126 5,980 13,284 13.038 123 M8int8nancE- St Lau<Z'S Rectory maintenance St Michael's Church Youth Ministsr 22,981 21.931 20.477 -1,200 108 23.403 108 Funds which are put to one side for the Maintenan of the properties.
Stretton Partsh NOTES TO THE FINANCI STATEMENT5 Iconunued) Forth• y•aT end 31 DocerrFbtr2024 10 Reslrid8d Funds BIF as at 1.1Tr4 31.fz 2ff24 ACTS API SHints' Fknwer Furns I Saints. MainlEnance Be119 Meintr8nce Bethel CmE0 17 137 2.359 1.587 1Y 250 3fS26 4314 Food Bank MIS doftabons Opefatrons Lead Organ tertanc Parents & ioddlws Paiisti Centrt Parish We8kend Avrdy Sth(garthpBursary Fur¥J St L8uren¢8's TrI8inlenar St L<,5 Musc Fund Sl Michad's Fhxver Fu St m.8 FAainlE[e Youthlthihtren'5Wo¢rt Youth & Ctynmunith?sWck YoL#h Mvii%tér Stsp¥rft 1823 31, 4.314
,789 104 104 1.067 478 31 1,545 31 813 1.722 813 1,722 SD 1,781 131 4.559 7H 104 783 27.898 1.781 438 104 24.477 40.797 37.371 Restrided fu5 are as[rS". ACTS A to supwrt peoFle need withkn the bc81 AU Sainl• MalThi•fw4ce Fund A Fepair fvnd for MnIenanceto the AJI sTrts ¢A¥EO ltyth8 c4ts CM4EO grrAFP. A fund forih6 rv46lowni 1h8 Parf¥h C. Events A forgmro fcithe $ts ofe¥enty. eonk Al0 to SU1 Ihe sire1t( Fwd 88nk. in asyyiabw 7th MiMiorE Dor10$ These were forswi4 8ppeth or coHeciKffls Oryan Malnten£nte A fvnd for the ofts ethurth (w. Afund for the tywdwedtoy¥. Padsh CeTrtre A reTfnd forrn5f3rrEto the Parish C. SthoWrsh4p l &Jrsary Fund A fund forwgrk Ong ung PPoeI0SupVt{Ktsvath ofytvy St Lautyre'S Fund A furKI fy to svpwrt the Sl laur. StlacW• Fd Stmichael's Alntenance A pr nd Mainterrants) the St Y¢xth Chlldr2n¥ Wovk Youlh & Cornmunit Worker A lund to pay for tre salary oflhe #aifrnunbw. Alund to suptxyt olY¢xth W(xker MinBlryryTr Chvrch Slretton.
Stretton Parish NOTES TO THE FINANCIAL STATEMENTS (continuedl Forthe year ended 31 December 2024 11 Endornnt Funds BIF as at 1.12024 Gainsl losses CIF as at 31.12.2024 Income Expenditure Transfers 2.372 1,169 CD Wilson Trust 73,341 1,564 76,108 73.341 2,372 1,169 1,564 76,108 The CD Wllson Trust was estsblished on 27 June 1973 betsveen ConslarKe l)ouglas Wilson and the Rector and Churchwa¥ds of the Parish Church of Church Slretton for the e81ablishmert of a charitAe fthyl to prov>de w0erS and visitors for the aged at home or in institutions or hs, in or rwr the Parrsh of Churth Stretton. From 1 April 2007 the Parochial Church Counctl agreed to 3malgam3le the acccwnling and rec(ding of the work of thi% Tnjst as a segregated endowment fund. The Rector and Churthwardens conlinue a5 Trustees wslh oversight ofthe ongoing work ofthis charitsble trust which currenty funds the travel expenses ft)r elderty parish visiknng & the Carois & Tea event in December. 12 Unrestri¢ted Funds BIF a$ at 1.12024 Gainsl losses CIF as at 31.12.2024 In(xvne Expendilure Transfers St Lauren'S 337.571 176. 189,803 327,135 337.571 176,966 189.803 2,400 327,135 13 Bookstall Accounts 2024 2023 Income 95 Expenditure 37 Bookstall Operating SuFplus I l)eficit 58 15
Stretton Parish NOTES TO THE FINANCIAL STATEMENTS (continued) For the year ended 31 December 2024 14 Parish Centre Accounts 2024 2023 OPERATING INCOME Booking charges 5,807 4,980 OPERATING EXPENDITURE Cleaning Refreshments & miscellaneous Minor repairs and renewals Electricity, gas and water 5,940 2,099 4.106 6,330 18,474 5,399 2,169 5,160 7.410 20,139 Parish Centre Operating Deficit Less provision for future maintenan Contribution from Parish Church -12,668 -15,159 -1,742 -1,494 -14,410 -16,653 Non Routine Income PV solar 1,886 1,968 Non Routine Expenditure Maintenance Depreciation Total Parish Centre Deficit -500 -500 -13,023 -15,185 15 Controlling parties The charity is controlled by the Goveming Board of Members 16 Related Party Transactions One trustee, G Shuttleworth, received payments totalling £178 in retum for playing the organ durtng sendiS (2023: 2 trustees totalling £1,258).