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2024-12-31-accounts

Parish of St. Mary the Virgin, Nunthorpe-in-Cleveland

Diocese of York

ANNUAL REPORT

and

FINANCIAL STATEMENTS

of

THE PAROCHIAL CHURCH COUNCIL OF THE ECCLESIASTICAL PARISH OF

ST MARY THE VIRGIN NUNTHORPE

For the year ended 31[st] December 2024

Incumbent: Rev’d Tessa Stephens

Bank:

Santander Bootle, Merseyside L30 4GB

Treasurer:

Mr. B Dinsdale OBE BA

Independent Examiner: Mr. F Hutchinson BA PGCLTHE MA CPFA

The PCC is a body corporate (PCC Powers Measure 1956, Church Representation Rules 2006) and a registered charity, registration number 1134124

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The Parochial Church Council of the Ecclesiastical Parish of St Mary the Virgin Nunthorpe Trustees’ Annual Report

NOTES TO THE ACCOUNTS

The Trustees are pleased to present their annual report, together with financial statements of the charity for the year ended 31[st] December 2024.

The financial statements have been prepared in accordance with the current Church Accounting Regulations. The trustees have adopted the provisions of the Statement of Recommended Practice (SORP) “Accounting and Reporting by Charities” (FRS 102) in preparing the annual report and financial statements of the charity.

The financial statements have been prepared in accordance with the accounting policies set out in notes to the accounts and comply with the charity’s governing document, the Charities Act 2011 and Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland published on 16 July 2014 . (as amended by Update Bulletin 1 published on 2 February 2016)

Aims and purposes

Nunthorpe PCC has the responsibility of co-operating with the Incumbent in promoting in the ecclesiastical parish the whole mission of the Church, pastoral, evangelical, social, and ecumenical. It also has maintenance responsibilities for the Church of St. Mary the Virgin (including the Church yard and Millennium Garden); Church Lane, Nunthorpe; St. Mary’s Church Hall, Morton Carr Lane, Nunthorpe and 15 Ripon Road, Nunthorpe.

Objectives and activities

The PCC is committed to enabling as many people as possible to worship at our church and to become part of the parish community at St. Mary’s – both Church and Hall. 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 and scripture, music, and sacrament.

Achievements and performance

Our aim is to promote the whole mission of the Church, pastoral, evangelistic, social, and ecumenical. We have two places of worship – the Church of St. Mary the Virgin in Church Lane, Nunthorpe and St. Mary’s Church Hall in Morton Carr Lane.

Worship and prayer

We began 2024 with our usual pattern of Sunday services in the Church. We also continued to meet one Sunday morning a month for worship at the Hall and Café church continued to meet at the hall on the first Sunday of the month. Our Wednesday service in church continues to be a precious oasis for those who attend and offers a quiet amd reflective time of worship.

During the year we were pleased to be able to invite the wider community to mark Remembrance Day with us and the Carol Service was also a highlight.

At the end of December 2024 there were 113 parishioners on the electoral roll of St Mary’s.

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The Parochial Church Council of the Ecclesiastical Parish of St Mary the Virgin Nunthorpe Trustees’ Annual Report

The usual Sunday attendance was 54 adults and 5 children.

Our Easter services were well attended with 101 in total across the Dawn Service, Festival Eucharist, and Evensong. The Christingle and Carol services were both well attended with a good mixture of regulars and newcomers. The annual Scout Carol Service was a joyful occasion well attended by Scouts of all ages and their families. In total 192 people were able to attend the Christmas Eve and Christmas Day services. The crib service, Midnight and Christmas morning services were all well attended.

Café Church continues to offer an enjoyable and less formal way to worship and socialise together over a good breakfast.

Through baptism we thank God for the gift of life, in marriage public vows are exchanged with God’s blessing and through funeral services friends and family express their grief, give thanks for the life now complete and commend the person into God’s keeping. In 2024, we . celebrated 28 baptisms, 5 weddings, 9 funerals and 12 burials of ashes We continue to keep the bereaved families in our prayers and met many of them again at the November “Remembering Together” service.

At the end of a fruitful year, we give thanks to God for his faithfulness and for one another. We are thankful for the way in which members of the church community have supported one another through good times and bad. We pray for God’s wisdom and guidance in 2025 as we recommit ourselves to being God’s people in this place and to sharing his love with others.

Deanery Synod

Three members of the PCC sit on Deanery Synod. This provides the PCC with an important link between the parish and the wider structures of the church.

Our buildings

A Quinquennial inspection of the church was carried out in 2020; the report was positive and highlighted only minor repairs, which were carried out during 2021. The Church Hall has proved popular for bookings which have accelerated through the year, under the guidance of Liz Taylorson, our administrator. The house on Ripon Road continues to be let to a local family.

Pastoral care

Home communions have continued during 2024 and there has been much pastoral visiting both at home and in hospital. I am very grateful to everyone involved. We appreciate the work of our reader, Janet Hinton, and team in continuing to lead services in Nunthorpe Hall and Nunthorpe Oaks Nursing homes. We are also grateful for the work of Revd Lisa Opala as hospital chaplain and curate for the pastoral care that she provides to parishioners in hospital.

Mission & evangelism

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The Parochial Church Council of the Ecclesiastical Parish of St Mary the Virgin Nunthorpe Trustees’ Annual Report

The SET team were able to hold some very successful Christmas and Summer Fayres this year as well as an enjoyable quiz. These events were a great opportunity to reach out to the wider parish, to enjoy each other’s company and to raise much needed funds. The 100 club continued to go well and is continuing for another year.

The Pram Service has continued to support children and families in Nunthorpe providing important opportunities for socialising and faith development.

Ecumenical relationships

The church is a member of Churches Together in Nunthorpe and Marton. Several events have taken place throughout the year, bringing members of different churches together for worship and fellowship.

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The Parochial Church Council of the Ecclesiastical Parish of St Mary the Virgin Nunthorpe Trustees’ Annual Report

FINANCIAL REVIEW 2024

The following statement of financial activities for the year ended 31[st] December 2024, has been independently examined in accordance with Church Accounting Regulations 2006.

UNRESTRICTED INCOME AND EXPENDITURE

We finished the year with a surplus of income over expenditure of £5,174 . Our income level has increased by £4,631, assisted by the receipt of further legacies amounting to £4,000 and a successful letting of our Ripon Road property. This has helped to offset capital maintenance costs at each of our properties and a small one-off increase of £1,000 in our Freewill Offer to the Diocese. A summary of the position for the last four years is given in Table 1.

Table 1 – Financial Position 2021 to 2024

Actvity 2021
£
2022
£
2023
£
2024
£
Givingby parishioners 53,839 55,087 54,445 54,363
Wedding/Funeral Fees 10,812 12,600 13,750 8,546
Social events 4,552 5,820 6,472 5,698
Church Hall 8,952 17,151 23,260 24,452
Rent 0 0 0 7,944
Other 7,230 6,730 12,208 13,763
Total Income 85,385 97,388 110,135 114,766
Freewill Ofer 55,000 56,000 55,000 56,000
Other expenditure 34,022 40,303 52,422 53,592
Total Expenditure 89,022 96,303 107,422 109,592
Net Positon (3,637) 1,085 2,713 5,174

Giving by Parishioners

Table 2 below shows total giving by parishioners over the last seven years. Receipts from monthly Standing Orders have reduced by £1,929 since 2023, with the number of givers now standing at 45; six fewer than a year ago. A small number of parishioners have increased their monthly contributions. Conversely, giving via weekly numbered envelopes has increased slightly by £432, mainly through a transfer from the yellow envelope giving scheme.

Occasional ‘plate’ giving has remained stable. Collections at Baptisms have increased

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The Parochial Church Council of the Ecclesiastical Parish of St Mary the Virgin Nunthorpe Trustees’ Annual Report

significantly since last year and contributed £1,778 to Church funds. The Pram Service has also contributed a very welcome £619 during the year. Legacies amounting to £4,000 were received during the year; £1,000 more than were received in 2023.

Gift Aid on all eligible giving totals £9,667 for 2024

Table 2 – Giving by Parishioners 2018 to 2024

Year Total Giving
£
Planned
£
2018 51,026 32,141
2019 52,845 34,804
2020 49,525 35,517
2021 53,839 37,477
2022 55,087 36,535
2023 54,445 34,746
2024 54.363 33,249

Wedding and Funeral Fees

As predicted in last years annual report, fees fell substantially in 2024 from 2023 levels by £5,204. The bulk of this relates to wedding fees, where the number of weddings fell from 16 in 2023 to 5 weddings and a blessing in 2024. So far 8 weddings are booked for 2025, so the reduced level of fee income is likely to persist into next year

Social Events

Social events and cake sales raised £5,698 in 2024. Of this, £1,078 related to cake sales. Two successful fayres raised £3,488 between them. This is testament to the hard work of the social events team and the myriad of helpers who continue to make these events a success, despite cost-of-living pressures within the community.

Church Hall

Church Hall lettings continue to be a success story for the parish with a further increase in income of £1,198. The Church Hall has 9 regular users and in 2024 had 44 one off bookings.

Rent

After a period of significant refurbishment our Ripon Road premises was let out to a private individual in January 2024. This has provided a valuable income stream for the parish amounting to £7,944 in 2024.

Other

In 2024 we received donations of £7,572, which included a generous donation from a parishioner to cover the cost of the new Narthex boiler. Interest receipts were £2,650, helped by our new high interest deposit account. Income from refunds and miscellaneous

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The Parochial Church Council of the Ecclesiastical Parish of St Mary the Virgin Nunthorpe Trustees’ Annual Report

receipts brought total ‘other income’ to £13,763; £1,555 greater than last year.

Freewill Offer

At a PCC meeting held in May 2020 we considered our overall financial position because of the COVID pandemic, and decided reluctantly to reduce our Freewill Offer to the Diocese by £10,000 to £55,000 for 2020. The same base offer was made in the following 4 years including 2024, although an additional £1,000 was agreed by the PCC for 2022 and for 2024, bringing the total in those years to £56,000. It should be noted that during 2024 a further £3,627 has been passed to the Diocese from the receipt of wedding and funeral fees. For 2025 the freewill offer has been increased by the PCC to £57,000.

Other expenditure

Despite inflation our other costs have remained relatively stable. Once again, we have incurred significant expenditure on capital maintenance at all our premises amounting in total to £6,900. We continue to benefit from ultra-low utility charges, which will end in October 2025. After then, our gas costs will increase from £5,500 to over £9,000 per year, which will put strain on future accounts.

Conclusion

The letting of our Ripon Road premises has had a positive impact on our accounts and together with further legacy income of £4,000 has helped to offset the cost of ongoing capital maintenance works and create a small surplus. Despite this positive position the PCC has recognised risks to its future income when setting budgets for 2025. 12 parishioners contribute over 50% of all Standing Order income and 3 regular users contribute 60% of Hall rentals. Reliance on such a small number of individuals is a clear potential risk to future income streams

RESTRICTED INCOME AND EXPENDITURE

The PCC holds restricted funds, which can only be used on the purposes for which they were established. The total sum held in restricted funds as at 31 December 2024 amounts to £1,656 . The largest fund, called the Cremated Remains Fund, holds money in respect of communal headstones. During 2024 one of our Millenium Garden hedges was removed and replaced with a Yew hedge, funded through one-off parishioner contributions.

BANK BALANCES

Our bank balances at 31 December 2024 stand at £69,543 ; £1,970 higher than a year ago. The parish has gained significant additional interest from opening a new high interest deposit account earlier in the year with the National Westminster Bank.

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The Parochial Church Council of the Ecclesiastical Parish of St Mary the Virgin Nunthorpe Trustees’ Annual Report

RESERVES POLICY

It is the policy of the PCC to review the balances held in reserve on an annual basis. Reserves are held in ‘Designated Funds’ (i.e., available to be spent at the discretion of the PCC if the spending meets the intention for which the Fund is designated) and a ‘General Fund,’ which can be used to meet day to day costs subject to conditions set out below.

As at the 31st December 2024, the PCC had three Reserve Funds, as follows:

A GENERAL FUND , currently £36,820; available to supplement day to day costs, subject to this being part of an agreed budget that seeks to identify longer term income streams to meet future recurrent expenditure, or to meet specified non-recurrent costs such as the replacement of equipment or specific activity specified by the PCC. Care is required to maintain sufficient reserves of between three- and four-months operating costs, especially during a time when all organisations and individuals are facing such significant cost of living pressures. The current balance represents 4 months operating costs, so is set at the top end of this range.

A DESIGNATED CAPITAL MAINTENANCE FUND, readily available to ensure that all our properties are compliant with Health and Safety regulations and are always a secure and safe environment. 2024 has been an extremely busy year insofar as capital maintenance and renewal is concerned with a total of £6,900 being spent. This has included white line replacement at our two car parks, a new front door in our Ripon Road premises, extensive repair and decoration at the Church Hall and a significant repair to the Church boiler. In addition, the Narthex boiler has been replaced; funded from a generous donation from one of our parishioners. The sum available on 31 December2024 is £28,323

A DESIGNATED CENTENARY CELEBRATION FUND, of £1,000 to fund forthcoming centenary celebrations being planned by the PCC

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The Parochial Church Council of the Ecclesiastical Parish of St Mary the Virgin Nunthorpe Trustees’ Annual Report

STRUCTURE, GOVERNANCE and MANAGEMENT

The method of appointment of PCC members is set out in the Church Representation Rules. Nunthorpe PCC consists of the Incumbent, curate, the churchwardens, and a reader plus up to 3 Deanery Synod representatives and a maximum of 12 lay representatives elected by those members of the congregation who are on the Electoral Roll of the Church. All Church attendees are encouraged to register on the Electoral Roll to be eligible 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 including deciding on how the funds of the PCC are to be spent.

The full PCC held 7 meetings during the year. All meetings were in person meetings and attendance has remained high.

The PCC has several teams which deal with a particular aspect of parish life. These include Fabric, Social Events, Pastoral and Ecology, each of which reports to the PCC. All PCC members are encouraged to serve on at least one committee and non-PCC members can be co-opted.

The Standing Committee consists of the Incumbent, the curate, the churchwardens, Hon. Secretary and Hon. Treasurer. They met on 4 occasions to deal with urgent matters and to set the agenda for the next PCC meeting.

The 2024 APCM took place in person on 19th March 2024.

Shared Ministry

Unless the Lord builds the house, those who build it labour in vain.” Psalm 127:1 As the psalmist says, all our endeavours as a church need to be focused on our primary purpose – the worship of God and seeking to build his kingdom. As we look towards our 100th anniversary in 2026 my hope and prayer is that together we can learn from the past and also seek to serve our community now and in the future. I am very thankful for each member of our church and for all that you do to enable out ministry in Nunthorpe and to reach other with God’s love to the wider community.

Approved by the PCC on 20th February 2025 and signed on their behalf by the Reverend Tessa Stephens (PCC Chairman)

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The Parochial Church Council of the Ecclesiastical Parish of St Mary the Virgin Nunthorpe Trustees’ Annual Report

Tessa Stephens

Rev’d Tessa Stephens

ADMINISTRATIVE INFORMATION

The Parish of St. Mary the Virgin, Nunthorpe-in-Cleveland is situated in the Borough of Middlesbrough. It is part of the Diocese of York within the Church of England in the Archdeaconry of Cleveland and the Deanery of Stokesley. The correspondence address is St. Mary’s Church Hall, Morton Carr Lane, Nunthorpe, Middlesbrough TS7 0JU.

PCC members who have served from 1st January 2024 until the date this report was approved are:

Nunthorpe PCC Members

Ex Ofcio Members Ex Ofcio Members
Vicar: The Rev'd Tessa Stephens Chair
Curate: The Rev'd Lisa Opala
Wardens: Mr David Young
Mrs Janet Barker
Reader: Mrs Janet Hinton

Representatives on the Deanery Synod Mrs Linda Smith Safeguarding Officer Mrs Christine Young Mr Richard Besford

Elected PCC Members Elected PCC Members
Mr David Cook
Mr Brian Dinsdale Hon Treasurer
Mr Graham Hinton
Mr Ivan Lake Retred March 2024
Mr Martn Alderson
Mrs Carol Keen
Mrs Linda Smith
Mrs Christne Young
Mr Richard Besford
Mr GaryCox Hon Secretary
Dr Graham Hassall DeputySecretary
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The Parochial Church Council of the Ecclesiastical Parish of St Mary the Virgin Nunthorpe Trustees’ Annual Report

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR TO 31[st] DECEMBER 2024

Notes
Income and Receipt of Endowment
Income from donatons and legacies
2
Other donatons
3
Income from actvites for furtherance of
PCC Objectves
4
Income from other trading actvites
5
Investment income
6
Other income
7
Total Incoming Resources
Resources Expended
Expenditure on raising funds
8
Mission Giving
9
Actvites directly related to the work of
the Church
10
Support Costs
11
Church Management & Administraton
12
Total Resources Expended
Net Movement in Funds
Net movement in funds before
transfers
Transfers
Net movement in funds
Balance b/fwd. at I January
Balance to c/fwd. at 31st December
Unrestricted
Restricted
Total
Total
Funds
Funds
2024
2023
£
£
£
£
54,363
54,363
54,445
7,572
528
8,100
6,685
8,546
1,993
10,539
17,482
38,877
38,877
31,415
2,650
2,650
1,124
2,758
2,758
4,551
114,766
2,521
117,287
115,702
105
105
380
1,606
1,606
1,180
98,443
6,456
104,899
100,193
6,480
6,480
5,629
2,958
2,958
3,355
109,592
6,456
116,048
110,737
5,174
(3,935)
1,239
4,965
5,174
(3,935)
1,230
4,965
(104)
104
0
0
5,070
(3,831)
1,230
4,965
1,670,822
5,488
1,676,310
1,671,345
1,675,892
1,657
1,677,549
1,676,310
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The Parochial Church Council of the Ecclesiastical Parish of St Mary the Virgin Nunthorpe Trustees’ Annual Report

BALANCE SHEET AS AT 31st DECEMBER 2024
Notes
Fixed Assets
15 Ripon Road
Church Hall
15
Current Assets
Bank Balances
Santander current account
Santander deposit account
Nat West 90-day account
Church of England Deposit Fund
Other "Club" Balances
Payments in advance
16
Monies Due In (Debtors)
16
Current Liabilites
Creditors – due in one year &
Agency
17
Advance receipts
17
Net Current Assets /(Liabilites)
Total Assets
Capital
Fixed Assets
18
Revaluaton Reserve
Fund Balances
19
Restricted Funds
Designated Funds
General Fund
Total Funding
Total
Total
2024
2023
£
£
150,000
150,000
1,489,750
1,489,750
Total
Total
2024
2023
£
£
150,000
150,000
1,489,750
1,489,750
1,609,750 1,609,750
1,658
2,738
16,515
35,749
20,741
0
30,629
29,086
25
66
0
757
2,882
3,596
72,450 71,992
2,298
2,939
2,353
2,493
67,799 66,560
1,677,549 1,676,310
933,000
933,000
676,750
676,750
1,609,750 1,609,750
1,656
5,488
29,323
34,011
36,820
27,061
67,799 66,560
1,677,549 1,676,310
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The Parochial Church Council of the Ecclesiastical Parish of St Mary the Virgin Nunthorpe Trustees’ Annual Report

The accounts were approved by the PCC on Signed by David Young (Warden) on behalf of all the trustees D Young Signed by the Treasurer, Brian Dinsdale OBE BA B Dinsdale

NOTES TO THE ACCOUNTS

Note 1 Accounting Policies General information and basis of preparation

The charity constitutes a public benefit entity as defined by FRS 102. The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued in March 2018, the Charities Act 2011, and UK Generally Accepted Practice as it applies from 1 January 2015.

The report does not include a cash flow statement on the grounds that it is applying FRS 102 Section 1A.

The financial statements have been prepared to give a ‘true and fair’ view and have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a ‘true and fair view’. This departure has involved following the Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) in March 2018 rather than the Accounting and Reporting by Charities: Statement of Recommended Practice effective from 1 April 2005 which has since been withdrawn.

The financial statements are prepared on a going concern basis under the historical cost convention, modified to include certain items at fair value. The financial statements are presented in sterling which is the functional currency of the charity and rounded to the nearest £.

The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

Funds

Restricted funds represent

(a) Income from trusts or endowments which may be expended only on those Restricted objects provided in the terms of the trust or bequest, and

(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 remaining unspent at the end of each year must be carried forward as a balance

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The Parochial Church Council of the Ecclesiastical Parish of St Mary the Virgin Nunthorpe Trustees’ Annual Report

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. Unrestricted funds are general funds which can be used for PCC ordinary purposes

NOTES TO THE ACCOUNTS

Note 1 Accounting Policies (continued)

Incoming resources

Income is recognised when an inflow of economic benefit is probable. Planned envelope giving, collections and donations are recognized when received. Tax refunds are recognized 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. Dividends and interest are accounted for when due. All other income is recognised when it is receivable, including Church Hall lettings where outstanding invoices are accrued in the accounts. All incoming resources are accounted for gross.

Resources expended

Expenditure is recognised when the outflow of economic benefit is probable. Grants and donations are accounted for when paid over, or when awarded, if the payment of the grant is probable. The diocesan ‘freewill offer’ is accounted for when due. Amounts received specifically for mission are dealt with as restricted funds. All other expenditure is generally recognised when payable, and is accounted for gross including VAT which cannot be recovered. Where exact amounts are not known at accounts closure best estimates are accrued.

Fixed assets

Consecrated and benefice property is not included in the accounts in accordance with s.10 (2)(a) of the Charities Act 2011.

Movable church furnishings 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 (at any reasonable time), any such assets are not valued in the financial statements as they are written off when incurred.

No original cost information is available for the Church Hall, but has enjoyed substantial refurbishment. This Hall is regarded as specialised property and under FRS102 is valued at depreciated replacement cost, which is the value of £1,459,750 provided by our insurance company surveyor in 2017. The Ripon Road premises is also included at its valuation figure obtained in 2017. At each year end the there is an assessment as to whether the freehold land and buildings should be written down (because the carrying value is more than the recoverable amount).

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The Parochial Church Council of the Ecclesiastical Parish of St Mary the Virgin Nunthorpe Trustees’ Annual Report

Depreciation is not provided on freehold land and buildings because, in the opinion of the trustees, the estimated residual value is more than the current book value. Individual items of equipment with a purchase price of £5,000 or less are written off when the asset is acquired.

NOTES TO THE ACCOUNTS

Unrestricted Restricted Total Total
Funds Funds 2024 2023
£ £ £ £
Income from donatons
Note 2 and legacies
Tax Efcient Planned Giving 33,249 33,249 34,746
Gif Aid Tax Refunds 9,667 9,667 9,868
Other Giving including
legacies 4,240 4,240 3,240
Cash Collectons 6,042 6,042 5,411
Mission Giving 1,165 1,165 1,180
54,363 54,363 54,445
Note 3 Other donatons
Donatons, church boxes,
other gifs
Gif Aid Tax Refunds
6,625
947
458
70
7,083
1,017
6,164
521
7,572 528 8,100 6,685
Actvites for furtherance
Note 4 of PCC objectves
Fees for Funerals & Burials 5,704 1,993 7,697 10,656
Fees for Weddings and
Baptsms 2,842 2,842 6,826
8,546 1,993 10,539 17,482
Income from other trading
Note 5 actvites
Fund Raising 6,481 6,481 8,155
Letng Church Buildings 32,396 32,396 23,260
38,877 38,877 31,415
Note 6 Investment income
Dividends and interest 2,650 2,650 1,124
2,650 2,650 1,124
Note 7 Other income
Other Income 2,758 2,758 4,551
2,758 2,758 4,551
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The Parochial Church Council of the Ecclesiastical Parish of St Mary the Virgin Nunthorpe Trustees’ Annual Report

NOTES TO THE ACCOUNTS

Unrestricted Restricted Total Total
Funds Funds 2024 2023
£ £ £ £
Expenditure on raising
Note 8 funds
Fund Raising 105 105 380
105 105 380
Note 9 Mission Giving
Church Funds 441 441 0
Children’s Society boxes 1,165 1,165 1,180
1,606 1,606 1,180
Actvites directly
related to the work of
Note 10 the Church
Freewill Ofer 56,000 56,000 55,000
Working Expenses of
Incumbent 1,780 1,780 1,675
Vicarage expenses 669 669 542
Working Expenses of
Curates 288 288 974
Church Cleaning &
utlites & insurance 7,824 7,824 9,127
Church Maintenance 4,250 4,250 651
Upkeep of Services 4,726 4,726 5,042
Upkeep of Churchyard 809 6,456 7,265 3,893
Hall Upkeep 19,172 19,171 15,658
Other PCC property
upkeep 2,925 2,925 7,631
98,443 104,899 100,193

Note 11 Support Costs

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The Parochial Church Council of the Ecclesiastical Parish of St Mary the Virgin Nunthorpe Trustees’ Annual Report

Parish Administrator* 6,480 6,480 5,629
Note 12 Church Administraton 2,958 2,958 3,355

*4 hours charged to Hall in 2024

NOTES TO THE ACCOUNTS

Note 13 Employee Emoluments

There were no employees whose remuneration defined for taxation purposes amounted to greater than £60,000

2024 2023 £ £ Gross Salaries 9,072 8,010

The average number of employees during this year was 1 (2023: 1), being the Parish Administrator. The organists are self-employed and paid to cover their expenses. 4 hours per week of Parish Administrator time is charged to Hall costs; otherwise, is charged to Support costs. 2 hrs are reimbursed by the Deanery and the Diocese.

Note 14 Trustee Remuneration and Expenses

No remuneration or expenses were paid to trustees in the current or previous year.

Note 15 Tangible Fixed Assets

The property valuation for the Church Hall was increased to the current insured value in 2019, in accordance with FRS15. The property valuation for Ripon Road was reviewed during 2017 and was increased to £150,000. It is the opinion of the Trustees that these values do not exceed market value.

2024 2023
£ £
At Valuaton 1,609,750 1,609,750
2024 2023
Note 16 Debtors £ £
Sundry Debtors 2,882 3,596
Payments in advance 0 757
2,882 4,353
2024 2023
Note 17 Creditors & receipts in advance £ £
Accruals and agency 2,298 2,939
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The Parochial Church Council of the Ecclesiastical Parish of St Mary the Virgin Nunthorpe Trustees’ Annual Report

Advance receipts 2,353 2,493
4,651 5,432
Note 18 Analysis of Net Assets by Fund
General Designated Restricted Total
£ £ £ £
Fixed Assets 933,000 933,000
Revaluaton Reserve 676,750 676,750
Current Assets 41,471 29,323 1,656 72,450
Current Liabilites (4,651) (4,651)
36,820 1,639,073 1,656 1,677,549

NOTES TO THE ACCOUNTS

Note 19 Movement in Funds Movement in Funds
Opening Incoming Resources Closing
Balance Resources Expended Transfers Balance
£ £ £ £ £
Restricted Funds
Cremated Remains Fund 3,256 1,993 4,872 880 1,257
Church Sanctuary Fund 118 0 0 5 123
Sylvester Fund 266 0 0 11 277
Yew Tree Fund
1,848 528 1,584 (792) 0
Total Restricted Funds 5,488 2,521 6,456 104 1,656
Unrestricted Funds
General Fund 27,061 111,550 99,476 (2,316) 36,820
Designated Funds
Capital Maintenance Fund 34,011 3,216 10,116 1,212 28,323
Centenary Reserve Fund 0 1,000 1,000
Revaluaton Reserve 676,750 0 0 0 676,750
Fixed Assets 933,000 0 0 0 933,000
Total Unrestricted Funds 1,670,822 114,766 109,592 (104) 1,675,893
Total Funds 1,676,310 117,287 116,048 0 1,677,549

Restricted Funds are funds given to the PCC for specific purposes which are self evident from their titles.

17

The Parochial Church Council of the Ecclesiastical Parish of St Mary the Virgin Nunthorpe Trustees’ Annual Report

St Mary’s Pram Service, Nunthorpe Accounts for the year ended 31st December 2024.

2024
2023
INCOME
2024
2023
INCOME
2024
2023
INCOME
224 Total Income 249
EXPENDITURE
24
Mothering Sunday Flowers
10
Greetngs cards
10
Mothering Sunday
10
8
Easter
4
12
Birthday
2
7
Christmas cards
8
Gif – Rev Laura Wild
25
39
Christmas gif books
51
39
Summer lunch expenses
10
36
Christmas lunch expenses
30
90
Cofee, milk, juice, biscuits
80
Other
265 Total Expenditure 230
(41) Net Surplus/ (Defcit) 19
66 OpeningCash Balance 47
25 Closing balance 66

Notes:

Collections of £619 are included in PCC collections In addition: Collections of £20 given to Comic Relief & £25 to the Children in Need Appeal

18

The Parochial Church Council of the Ecclesiastical Parish of St Mary the Virgin Nunthorpe Trustees’ Annual Report

Edith Dobson Mothers Union Branch Leader

Independent Examiner's Report to the Trustees of the Parochial Church Council of the Ecclesiastical Parish of St Mary the Virgin Nunthorpe for the year ended 31[st] December 2024

I report to the charity’s trustees on my examination of the accounts of the charity for the year ended 31[st] December 2024 as outlined on pages 10 – 18 above.

Responsibilities and basis of report

As the charity’s trustees you are responsible for the preparation of the accounts in accordance with requirements of the Charities Act 2011 (“the act”).

I report in respect of my examination of the charity’s accounts carried out under section 145 of the Act and in carrying out my examination I have followed all the applicable directions given by the Charity Commission under section 145(5)(b) of the Act.

The PCC, acting as trustees, have determined that an inspection of the accounts is satisfactory.

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 respect:

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report to enable a proper understanding of the accounts to be reached.

Mr F Hutchinson BA PGCLTHE MA CIPFA 81 The Pastures Coulby Newham

19

The Parochial Church Council of the Ecclesiastical Parish of St Mary the Virgin Nunthorpe Trustees’ Annual Report

Middlesbrough TS8 0UL

Date: 29[th] January 2025

20