ALL SAINTS, PARISH CHURCH
STREETLY
TRUSTEES ANNUAL REPORT
AND ACCOUNTS
2024
Charity Number 1134127
A charity registered in England and Wales number 1134127

Page 1
ALL SAINTS, PARISH CHURCH, STREETLY
Trustees Annual Report for the year ended 31 December 2024
Reference and Admlnlstratlon Detalls
All Saints, Streetly is situated in Foley Road East, Streetly, Sutton Coldfield, 874 3JL. It is part of
the Diocese of Lichfield within the Church of England. It is registered with the Charity Commission
under Charity Nurnber 1134127.
Members of the PCC
PCC members are either ex officio or elected by the Annual Parochial Church Meeting
(APCM). All voting members are appointed as trustees. Members who have served from
1 January 2024 until the point this report was approved are..
Incumbent .'
Revd Mandy Walker (Chairman)
Deputy Chair..
Pat Lawrence
Wardens..
Pat Lawrence
Chris Payne {To APCM April 2024)
Kathy Hughes (From APCM April 2024}
Julie Smith (From APCM April 20241
Deputy Wardens
Treasurer..
Ann Fox {To APCM April 2024)
Jeremy Smith (From APCM April 2024)
PCC Secretary .' Non votlng
Debbie Aggett (From APCM April 2024)
Stewardshlp secretary
steve Wallace
Elected PCC Members .'
Yvonne Calogirou
Alan Finch
Ann Fox {To 7th January 2025)
Kathy Hughes
Clare Jones (From APCM April 2024)
Pat Lawrence
Roy Lawrence
Craig Partridge (To APCM April 2024)
Anne Payne
Jennie Handy
Michelle Lucas (To 19th September 20241
Mike Payne
Sonia Robinson {From APCM April 2024)
Jeremy Smith
Julie Smith (From APCM April 2024)
Steve Wallace
Representatives on the
Deanery Synod..
Rov Lawrence
Alan Myati
Pam Simms
co.opted Members .'
Neil Crabb
Chris Payne
(From APCM April 2024)
(From APCM April 2024)
Lay Readers.. Non voting
Alan Myalt, Pam Simms, Pam Rainsford
A charity registered in En9land and Wales number 1134127

Page 2
ALL SAINTS, PARISH CHURCH, STREETLY
Trustees Annual Report for the year ended 31 December 2024 (continued)
Structure, governance and management
The charily is constituted under the Church Representation Rules 2 January 1957.
It is governed by the Parochial Church Council Powers Measure (1956} as amended and Church
Representation Rules 2 January 1957.
Officers of the PCC ..
Debbie Aggett.
Jeremy Smith
Pat Lawrence
{PCC Secretary)
{Treasurer)
(Warden)
"non Iruslee
Bankers..
Co-operative Bank
Lloyds 8ank
Investment Manager
Canaccord Genuity {Formerly Hargreave Halel
Independent Examiner..
Edwards Chartered Accountants
The method of appointment of PCC members is set out in the Church Representation
Rules. All church attendees are encouraged to register on the Electoral Roll and
stand for election to the PCC.
Publlc Beneflt Statement
The trustees of the Charity are aware of the Charity Commission's guidance on public benefit
in The Advancement of Religion for the Public Benefit and have had regard lo it in their
administration of the Charity. The trustees believe that, by promoting the work of the Church of
England in the Ecclesiastical Parish of Streetly they help lo promote the whole mission of the
Ch urch (pastoral, evangelistic, social and ecumenical) more effectively, within the Ecclesiastical
Parish, and that doing so provides a benefit to the public by..
Providing facilities for public worship, pastoral care and spiritual, moral and intellectual
development, both for its members and for anyone who wishes to benefit from
what the Church offers., and
Promoting Christian values and service by members of the Church in and lo their
ommunilies, to the benefit of individuals and society as a whole.
Responslbllltles of the Parochlal Church Councll
Safeguarding
The PCC believe they have fulfilled their duly under section 5 of the Safeguarding and
Clergy Discipline Measure 2016 (duty to have due regard to House of Bishops, guidance on
safeguarding children and vulnerable adults).
Financial position
The Charities Act requires the Parochial Church Council to prepare financial stalemenls
for each financial year which give a true and fair view of the state of affairs of the
Charity as at the balance sheet dale and of its incoming resources and application
of resources for the year then ended.
A charity reglstered Sn England and Wales number 1134127

Page 3
ALL SAINTS, PARISH CHURCH, STREETLY
Trustees Annual Report for the year ended 31 December 2024 lcontlnued)
Financial posltion (cont.)
In preparing these financial statements. which give a true and fair view. the PCC should
follow best practice, select suitable accounting policies and apply them consistently.
making judgements and estimates that are reasonable and prudent. slate whether
applicable accounting standards and slalemenls of recommended practice have been
followed subject to any material departures disclosed and explained in the financial
slalemenls and prepare the financial slalemenls on a going concern basis unless
it is inappropriate lo presume that the charity will continue lo operate.
The Parochial Church Council is responsible for keeping proper accounting records
which disclose with reasonable accuracy at any time the financial position of the Charity
and lo enable il lo ensure that the financial statements are prepared in a¢¢ordance with
the Church Accounting Regulations 2006 and is also responsible
for safeguarding the assets of the Charity and hence for taking reasonable steps for the
prevention and detection of fraud and other irregularities.
Independent Examlner
Edwards Chartered Accountants.
Chalr of PCC - Annual Report
Objectlves and actlvltlas
The PCC is commilled to enabling as many of the community lo know, love and worship God.
The PCC maintains an ovetview of Worship and has established a Worship Group which
makes recommendations on our services and how we might welcome others who live
within our parish. Our worship puls faith into practice through prayer, bible reading and t8aching.
music and receiving the sacraments.
We seek lo follow Jesus, ex8mple, by loving, caring and welcoming all with whom we
meet, responding lo both the needs of those who allend church and the wider community.
Misslon statement
All Saints Church is called lo be a loving, Caring, welcoming ¢ommunily of faith following Jesus,
example. To respond and be aware of all in the Church and wider community with encouragement,
care, support, love and tolerance. To be involved in seeking lo meet the needs of Streetly cornmunity.
Worship and Prayer
All Saints, is an Anglican Parish Church, which is not a building bul a body of people, who
seek to follow Jesus Christ in their daily lives, learning. praying. worshiping. and sèrving the community
of Streetly and the wider world.
In 2023 - 2024 the PCC offered opportunities lo worship God daily online at Morning and
Evening Prayer, in Church service5 on Sunday morning live streamed (including monthly baptisms}
a mid-week in church Eucharist, plus evening setvices a month, In addition. we offered two Messy
Church services, a Pet service and additional festival services, plus Occasional offices of Baptism,
Weddings and Funerals and services for specific groups in the community e.g. Mother's Union and Schools.
There are 176 parishioners on the electoral roll.
An average weekly allendance. combining in church seNi¢es is 66 adults and 6 children. 200 plus
people watch weekly online at Morning and Evening Prayer services, this is similar to last year.
New people have continued lo attend both online and in person Services. The All Saints Facebook
group membership is 544, an increase of 24 from13sI year, with 1.1 K members of the open Facebook
page of All Saints Parish Church. All Saints online presence has increased in 2024.
A charity reglslered in England and Wales number 1134127

Page 4
ALL SAINTS, PARISH CHURCH, STREETLY
Trustees Annual Report for the year ended 31 December 2024 {continued)
Chair of PCC - Annual Report continued
Significantly people attending church are actively growing in their faith, joining in opportunities
to learn in Bible study groups and actively serve the community.
The full PCC mel 6 times during the year. The Annual General Meeting was held in church on
24 April 2024. At each meeting reports are received on health and safety, fabric, and
safeguarding. 2 extraordinary meeting were held in 2024.
We have a great deal to be thankful to God for in 2024. For the ministry of many who have
worked as faithful witnesses in the community. We thank God for authorised
leaders, employed staff and the laity. For Matthew Barker-wood our Director of Music, for
Brian Yates, caretaker, for Debbie Aggett, our Parish Administrator, and for Louisa Patrick
our cleaner. In 2024 Sue Lloyd our Pre-school Worker retired after many years of leading
our toddler groups. Our Lay Reader Alan Myatt and Lay Readers with permission to officiate
licenses Pam Rainsford and Pam Simms continue to minister among us for which we are thankful.
Revd Mal Hawksworth with permission to Officiate License offers iinvaluable support, prayer,
and cover for clergy absences.
Our young people are invited to serve in the sanctuary, operate the sound desk, play
in the music band, and lead worship. Members of uniformed organisations and toddler
groups contribute to the church family in many ways. We thank God for them all, An
average under 16 attendances in church is difficult to ascertain bul we are confident
that their engagement remains significantly higher than the national average of 5 per
week. 2 young under sixteens and three adulls were confirmed in September
2024. This year over 30 people engaged with Bible Study groups, others read
discipleship material at home, many conducted acts of serwice within the community.
All Saints is a twice weekly collection point for the Glebe Centre and the Thomas
Project Food Bank, The Lent appeal saw donations to SIFA fireside, supporting the
homeless in Birmingham. In June, a summer festival and dog show raised funds for All Saints.
The Christmas Tree Festival raised funds both for All Saints and for distribution to groups
supporting those living with dementia in the Streetly comm unity. These initiatives brought
people together, reached a younger generation, raised publicity, and built stronger
relationships within the community. We maintained links with overseas charities,
praying for and supporting financially Kathryn Mercy Home in India, The Holy Child
Project in Bethlehem (via the charity Abraham's Children in Crisis) and Christian Aid.
The Baptism team, our Pastoral team and Wedding Team continue to offer a warm
welcome to families. We have held 16 baptisms and have taken 3 weddings and 25
funerals. Through these offices, people have returned to worship and play an active
part in the church. We have succeeded in keeping the church building open on
weekdays for private prayer from 10.00am to 12.00 noon, enabling the church to be a
presence and resource for the community.
Matt Barker-wood, Director of Music and choir members worked with the incumbent to
lead worship. Brian Wilson led the Servers, Team.
Alan Finch led the Sound Desk team until October, the team's role has increased
with streaming services and requests for blue tooth and memory stick usage for
occasional offices. Many members have cleaned and cared for the church, its
grounds and continued to support the church financially.
A charity registered in England and Wales number 1134127

Page S
ALL SAINTS, PARISH CHURCH, STREETLY
Trustees Annual Report for the year ended 31 December 2024 (continued)
Chair of PCC- Annual Report contlnued
Members of the PCC have contributed lo the leadership of the mission of the church.
Pal Lawren￿ was elected as Church Warden in May 2024 and has been supported by Julie Smith
and Kathy Hughes as Deputy Church Wardens Jeremy Smith has developed the PCC Treasurer role
with handover and support from Ann Fox. Stephen Wallace, Stewardship Secretary and the team have
brought new inilialives for fund raising, including the 100 club, encouraging sign up lo
Easyfundraising, and establishing conlaclless giving as a regular income stream. Chris Newson
is assisting with Gift Aid. Alan Myatl and Jennie Handy, Parish Safeguarding Officers have fulfilled a
growing and demanding role to help the congregation see safeguarding as everyone's responsibility
and lo ensure we are trained and follow good practice.
Chris Payne has led Hall Hire with a team of lay people, enabling the hall lo be available for the
community. The church has held concerts throughout thè yèar which have been successful.
Duly Wardens have fulfilled the role of opening and closing church, welcoming, stewarding and
tidying up after the use of the building, Lay members offer pastoral visits and slay connected with
members of the congregation unable lo attend church. We have a Home Communion Team,
taking the reserved sacrament to people al home or in nursing care homes, in pairs.
The PCC has continued lo be challenged by an ageing congregation, Younger members attend
bul do so less frequently, Accessing volunteers lo open and close the church for public and
private worship. using technology. managing staff. and maintaining pastoral support
within the Community are Challenges for the year ahead.
Th8re are signs of encouragement. Allendance, discipleshlp, a growing concern
lo listen and work within Slreelly community. Some income streams have increased this year
Every member conlribules their gifts lo the community of All Saints. Over the coming year we
pray that we will continue lo journey together lo share God's love within the community
and participate in building Gods kingdom in Slreelly.
Reverend M8ndy W8lkerApril 2025
Flnanclal Summary
Total Receipts reduced lo £116.892 (£123,614 in 2023) and expenditure increased lo £158,152,
1£141.282 in 2023), giving a loss of £41,259 (£17,668 in 2023>.
As in previous years, day to day losses would have been significantly higher without investment
income of £19,107. We have also been fortunate lo benefit from the remains of a £10,000 grant towards
our heating, and have taken the final £5,059 in 2024.
To cover our losses and pay for our new boiler we have reduced the balances in our Lloyds bank accounl and
our deposit account and have sold inveslmenls.
The lolal funds as at 31 December 2024 amounted to £515,529 (£548,687 in 2023}. This represents
a reduction of £33,158 on 2023 values, and is partly driven by lower growth in investment value
(£8,101 vs £27,729 in 2023).
The £7k reduction in income, 2024 vs 2023, was primarily driven by a one-off change in lax reclaim
timings {eslimaled impact £7.5k), and reduction in legacies1£2.5kl. offset by increases in hall hire1£1.5k).
donations and appeals (£1.2k) and smaller increases in other areas. The new conlaclless donations
machine raised £1.4k in its first year, offsetting a reduction of £1 k in loose plate collections.
The £17k increase in costs was primarily through increases in gas payments (£11.5k), depreciation
on the new boiler {2.5k), and disbursement of 2023 tree festival in 2024 {2.5k).
A charity registered in England and Wales number 1134127

Page 6
ALL SAINTS, PARISH CHURCH, STREETLY
Trustees Annual Report for th8 year ended 31 December 2024 {continued}
Financial summary (continued)
The largest items of expenditure in 2024 were common fund payments169kl, staff costs (£29k),
and gas GOSts1£18.5k).
We are blessed lo have the generous support of our regular givers, and a lolal of £44k was
given via our Giving Direct scheme, online banking and envelopes in church. We also raised
over £13k from loose plate collections, one off gift aid donations and other donations.
Much of this is eligible for lax reclaim, and we will receive an estimated £12k in that way.
Statutory f88s. and optional payments for our occasional services (particularly weddings
and funerals) raised over £8k. Our hall is not only a ben8fil to our parishioners, and
church groups, but is also an atlractiV8 facility for our communily, and we raised over £10k
in lettings in 2024. As with previous years, we continued our fundraising activities, raising
£8k before costs for our church, through concerts, a dog show, the Christmas tree festival
and other fundraising activities.
Our challenge in 2025 will be to increase income and funding and this will be the focus of
the PCC, Finance Revi8w Group, and Stewardship and Fund raising team.
Investment pollcy
Our aim is to make the reserves of the Church work for the larger Vision and Strategy of the
Parish and with Restricted Fund investments to protect the capital value, whilst generating a
good return of income to reduce the pressure on the budget and help meet the Parish Share.
In making investments the PCC always follow the ethical guidance of the Church of England.
To minimise risk, Investments are spread over different classes and include equities,
property and cash, both in the UK and overseas. Day to day monitoring is undertaken by
the Investment group, who rely upon Common Investment Funds and our Investment Manager
to make individual investments.
Reserves policy
11 is the policy of the PCC to maintain a balanc8 on unreslricted general funds of an
amount which equates to six monlhs unrestricted payments (excluding parish share)
lo cover any emergency situation that may arise from time to lime. This would amount to
£41,997 {£32,108 in 2023). The actual unrestricted general reserve of £7,3641£5,871 in 2023) does not
meet this target. The PCC will attempt to budget lo rebuild its reserves to meet
this target. We need this level of unrestricted reserves to seGure the effective
ongoing delivery of our work and to invest in future developments.
Approved by the PCC on .).a. -..a s -
and signed on their behalf by
PCC Chair..
A charity registered in England and Wales number 1134127

Page 7
ALL SAINTS. PARISH CHURCH, STREETLY
INDEPENDENT EXAMINER'S REPORT TO THE PAROCHIAL CHURCH COUNCIL
FOR THE YEAR ENDED 31 DECEMBER 2024.
I report on the accounts of the Parochlal Church Councll for the year ended 31 December 2024
which are sel out on pag85 8 to 16.
Respectlvo responslbilitlos of Irustees and examiner .
The PCC are responsible for the preparallon of the accounts, The PCC conslder Ihal
an audll is not requlred for this year under secllon 144(2) of the Charities Act 2011
(the 2011 Act) and that an Independent examinatlon Is needed.
Ha￿n9 satlsfled myself Ihal the charlty Is not subject to audlt under company law and is
ellglble for Independent examlnallon, it Is my responslblllty to..
examlne the accounts {und8r secllon 14513) of the 2011 Act)
lo follow the procedures lald down In the Gen8ral Dlrecllons given by
the Charity Commisslon (under section 145{5) of the 2011 Act)., and
to slate whether parllcul8r matters have come to my attentlon,
Basls of Independont examlner's slatement .
My examinallon was cathed out In accordance wllh General Directlons glven by the
Charity Commls5ioners. An examlnatlon Includes a review of the accounting records
kept by the charity and a comparlson of the accounts p￿ sented with those records.
11 also includes conslderallon of any unusual Items or dlsclosures in the accounts,
and se8klng explanallons from th8 trustees concemln9 any such matlers.
The procedures undertaken do not provlde all the evldence that would b8 required In
an audlt, and consequenlly no oplnlon is given as to whether the accounts presenl
a 'true and falr vlew" and the report Is Ilmlted to those matters set out In the statement
below.
Indepondont examlnerfs statemont .
In connection wlth my examlnatlon, no matter h88 come lo my attention.
(1)
whl¢h gives me reasonable cause to belleve that, In any materlal r8specl,
the requirements
(a)
to keep accountlng records In accordance with secllon 386 of the
Companles Acl 2006. and
to prepare accounts whlch accord with the accounting records
and to comply wllh the accounting requlrements of secllon 396 of the
Companles Act 2006 and th8 regulatlons made thereunder have not
been mel., or
{b)
(2)
lo which. in my oplnlon, attention should b8 drawn In order to enable
a proper underslandlng of the accounts lo be reached.
Slgned
Name..
Addr8SS'.
0210612025
Edwards Accountants
34 High Street
Aldrfdge
WS9 8LZ
A ¢harlty reglslered in England and Wales numbèr 1134127

Page 8
ALL SAINTS. PARISH CHURCH, STREETLY
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 DECEMBER 2024.
Note
Unrestrlcted R￿trIcted Endowment
Total funds
funds
fund8
fund8
This year
Last yfrar
Rècoipts
2181 Donations and le9acies
21bl In¢om• from charitable activiti&s
21cl Other trading activities
Investments
£88,323
£18,804
£10,111
£18,188
£115,427
£547
£68,870
£80,825
£18,804
£15.013
£10,111
£8.768
£19,107
£19.009
£116,892 £123,614
£919
£1.466
Total R8¢elpts
Paym•nts
31al Raising lund$
8ndltur& on chadtable aclivltles
£5,012
£150,574
£155,586
.£40,159
£5,012
£3,409
£153, 140 £137.873
É158,152 £141,282
.£41,259
-£17.668
£2,566
£2,566
-£1,100
Total P8
Net recel t8 1
ment8
ments before transfer
Transfers..
Gross Ir8nsf9rs bèlw6en funds- in
Gross Iransfers between funds- out
Othèr recogn18ed galns I108Be8
Gainslloss8s on inve31menl 8ssets
Gains on revalualion, fixèd assèts. eharil
Net mgvgm8n¢ In lund
Reconelll8tSon ol lund8
Total funds brou
ht foNard
Total lund8 Carrled lorwaid
£81,214
£18,936
.£44,634 419,42S
£19,031 £119.182 E1 $1.738
-E55.123 .£119.182 -E151.738
£5,720
£2.382
£8,101
t27.729
'$ own uso
£2,141
.£1,589
33,710 -£33,158
£10,061
101,573
£103,714
£22,473
£20,884
£424,641 £S48,687 £538.626
£390,931 £515,529 È548,687
Rèprè8•ntèd by
Unr8slrlct8d
G•n¥ral Furnd
£7,364
£7,364
£5.871
D•8lgnated
D8slgnated
£96,350
È96,350
£95,702
Reslricled
Audio R•stricl6d
£3,317
£230
£239
£3.317
£230
£3.791
£879
Cholr Reslrleted
Flower Reslricled
Friends OIAII Saints
Garden Of R93t Rg$trictgd Fund
Piano R8siric18d Fund
Relrè8t Rastriclad
Sanctuary Restricted
Vicarage Refurbishment
Youth Fund120221
£239
t441
£709
£728
£5.067
£1,254
È5,067
£250
£1,254
£5.087
£250
E262
E250
£10.346
£180
£10,346
t180
£10.348
Endowment
Expendable Endowrnenl
Pèrmanent Endowment
£55,650 £55.650
£92.828
£335,281 £335.281 £331.813
£390,931 £515.529 £548,687
Total lunds
£103,714
É20,884
Tha notes on pages 10 to 16 form part ol this account

Page g
ALL SAINTS. PARISH CHURCH, STREETLY
BALANCE SHEET
AT 31 DECEMBER 2024
Note
Asat
3111212024
Asal
3111212023
Fixed assets
6410.. Fixed Assets
6430.. CBF Inv Fund 2002S
6435.. CBF Property 2001P
6440.. CBF Global Equity 2001L
6445. COIF Property 2001 L
6450.. Canaccord Gen Fund
6455.. Weslmill Solar Ord
5(al
51b)
5{b)
5{b)
5(b)
5(b}
51bl
£8,889
£78,062
£57,221
£119,928
£52,513
£179,121
£175
£495,909
£2,288
£76.316
£56,905
£138,424
£52,263
£181,836
£175
£508,207
Total Fixed assets
Currènt assels
6501.. Coop Current 7880
6505.. Lloyds Current 3484
6506.. Equals Card
6510.. CBF Dgposil 2001 D
6590.. Cash in hand
Z05.' Accounts Receivable
Total Current assèts
£20,670
£5,026
£531
£3,233
£24,407
£15,425
£700
£17,314
51bl
£4,793
£62,638
£29,461
Llabllltla8
6699.. Agency collections
Z04.' Accounts Payable
£7,837
£2,004
£5,317
£16,841
£22 158
£548.687
Total Liabilities
Net Asset surplus {defl¢itl
£515,529
Reserves
Excess/{deficil) lo dale
Z01.' Starting balances
Z02.' Gainslllossesl on inv8slm8nt assets
Tolal Reserve8
-£41,259
£548,687
£8,101
£515 529
.£17,668
£538.626
£27,729
£548 687
5{b)
A8at
3111212024
Asat
3111212023
Reprèsented by Funds
General (Unreslricledl
Designated
Restricted
Endowment
Total
£7,364
£96,350
£20,884
£390,931
£515 529
£5,871
£95,702
£22,473
£424,641
£548 687
Approved by the PCC on . .19...
and signed on their behalf by
PCC Chair..
The notes of pages 10 to 16 form part of these accounts

Page 10
ALL SAINTS, PARISH CHURCH, STREETLY
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
ACCOUNTING POLICIES
The financial statements have been prepared in accordance with the Statement of
Recommended Practice.. Accounting and Reporting by Charities preparing their accounts
in accordance with FRS102, with the applicable accounting slandard (FRS102) and with
the Charities Act 2011.
The charity has taken advantage of the exemption in FRS102 from the requiremenls to
produce a Cash Flow statement on the grounds that it is not a large charity.
The financial statements have been prepared under the historical cost
convention except for the valuation of investment assets, which are shown at
market value. The financial slalemenls include all transactions, assets and
liabilities for which the PCC is responsible in law. They do not include the accounts
of church groups that owe their main affiliation lo another body, nor those that are
informal gatherings of church members.
Funds
Unrestrlcted funds
Unrestrict8d funds are general funds which can be used for PCC ordinary purposes
Designated fund is a general fund which the PCC has designated for particular
purposes, It is made up of two donations, a legacy left to the church by Pal Bowker,
and a legacy from Anne Bache. The former is used primarily for the repair and upkeep
of the church, the church hall and ils furnishings. The latter is designated for the promotion
of family work within the parish. Any surplus income may be applied to meet the day lo day
expenses of the church or for any other charitable objects. The capital lo be used for
expenditure on the church or church hall, or for the costs of a family worker.
Restrlcted funds
Income funds may only be expended on the specific object for which they were given
Any balance remaining unspent at the end of the year must be carried forward as a
balance on that fund.
Funds generated by organisations that are part of the Church for use by those
groups are kept separate from income funds. Such amounts are shown as
restricted funds and are itemised at Note 9.
Permanent endowment is the fund which the Trustees are obliged to invest or retain
and use the capital only for the purchase of land or buildings for Church use.
There is no power to use capital as income, but the income from the inveslmenls can be
used for day to day expenses of the church.ILichfield Diocesan Trust 882)
Expendable endowment is the fund which the Trustees have the power to convert the
capital into expendable income, but without the positive duly on the part of the
Trustees lo so use the funds. The income arising on expendable endowment funds
may be used as unrestricted income.
A charity registered in England and Wales number 1134127

Page11
ALL SAINTS. PARISH CHURCH, STREETLY
NOTES TO THE FINANCIAL STATEMENTS (Continued)
FOR THE YEAR ENDED 31 DECEMBER 2024
ACCOUNTING POLICIES (Continuod)
Incomlng Resources
Where the PCC does not invest separately for each fund, interest is apportioned to
PCC Designated and Expendable Endowment funds based on the fund balances
remaining at the end of year.
Planned giving, collections and donations are recognised when received. Tax refunds
are recognised when the incoming resource lo which they relate is received. Grants and
specific funds raised are accounted for when the PCC spends the funds. Legacies and
dividends are accounted for when receivable. All incoming resources are accounted for
gross. Unless otherwise restflcted, all legacies are deemed to be expendable endowments.
Resources Expended
Grants and donations are accounted for when paid over, or when awarded, if that
award creates a binding or conslruclive obligation on the PCC. The diocesan parish
share is accounted for when due.
Amounts received specifically for mission are dealt with as restricted funds.
All other expenditure is generally recognised when it is accounted for gross.
Flxed As8et8
Consecrated and beneficed property is not included in the accounts in accordance with
the Charities Act 2011.
Moveable church furnishings are held by the vicar and churchwardens in special trust for
the PCC and those which require a faculty for disposal as inalienable property are listed
in the church's inventory, which can be inspected during the hours that the church office is
open. For anything acquired prior to 2000 there is insufficienl cost information available
and therefore such assets are not valued in Ihe financial statements.
Equipment used within the church premises is depreciated on a straight line basis over
4 years, with the exception of the organ which was written off over 20 years.
Individual items of equipment with a purchase price of £1,000 or less are wrillen off
when the asset is acquired.
Investments are valued at market value a131 December 2024.
A charity registered in England and Wales number 1134127

Page 12
ALL SAINTS, PARISH CHURCH, STREETLY
NOTES TO FINANCIAL STATEMENTS Icontlnuedl
FOR THE YEAR ENDED 31 DECEMBER 2024.
Total funds
General DeBlgnat¢d R•$trlct•d Endowment Th18 year Last year
Re¢elpt$
21al DonatloDS and legacles
0101 - Plannèd Glving- Bank
0110- Planned Glving- Envelopos
0201 Other planned giving
0301 Loose plate colleclioris
0410 . Giving through church boxes
0501 One-tsff Gift Aid gilts
0550- Donations appeals elc
0601 Tax recoverable on Glft Ald
£36,806
£7,294
£36.806 £35.730
£7.294
£6,678
£985
£6,681
E410
£5.130
£477
£5.808
£314
£314
£2.893
£4.443
£4.994
£50
£20
£2.943
£2,416
£4.463
£3,219
£4.994 £12,573
£2.500
£5.059
£5,312
£1,392
£4.322
£68,870 £80,825
0701 Legacles
08A1 Non-recurrlng on8-off or8nt8
0901 Other funds generated
Don8tlon8 and l¢g?¢1o$ Totsls
£5,059
£1,392
£68,323
£547
21bl Income from charltablo actlvltlo8
1101 Slalulory PCC Fees lor weddings and funerals
1105 . Local Fees For weddings and lunera15
1221 Incorne from othèr Fund Raising aclivill88
1222 - Christmas Trees- Fund Raising
1223 . Coffee Concerts . Fund RaSsing
1231 Toddlers Income
£3,272
£4,879
£2,559
£4,589
£791
£2,714
£18,804
£3,272
£4,879
£2,559
E4,589
£7,178
E791
£1,135
£2,714
£2,810
£18,804 £16,013
E3.892
Ineomo from charltable a¢tSvltlg$ Totsl$
21cl Othor tradlng actlvltlg8
0910- Rummage Sales el¢
1240- Church hall letlings fund raising
Other tradlng actlvltles Tota18
£241
£10.111
£10,111
£10,111
£10,111
£8,527
£8.768
21dl Inv•8tm•nts
1001 Dividends
£18,188
£18,188 £18,471
£919
£538
1020- Bank and building society inleresl
Inv08tment8 Totsl8
£919
£919
£18,188
£19,107 £19.009
Receipts Grand totals
£11 5.427
£1,466
£116,892 £123,614

Page 13
ALL SAINTS. PARISH CHURCH, STREETLY
NOTES TO FINANCIAL STATEMENTS (Continued)
FOR THE YEAR ENDED 31 DECEMBER 2024.
Totsl funds
Ggnoral Doslgnated Restrl¢tod Endowm&nt Thls ygar Last ygar
Payments
31al Ralslng funds
1730- Costs of fetes & other even15
£2.448
£470
£2.448
£470
£1,fj98
£395
1731 Costs ol Other Events - Fund Raising
1732 Cosls of Christmas Tree Festival
£290
E2.697
£423
£1.698
£395
1733 Costs ol Concerts - Fund Ralsing
Raltslng funds Totals
£5,012
£6.012
£3,409
31bl Exp•ndl¢urè on ¢harltabl• actlvlt108
1850 - Charllable Givlng
1910 - Mlnlslry parish Sha￿ elc
2001 Assistant staff costs
£840
£69,144
£28,796
£1,046
£4,741
£4,087
£2,166
£1,030
£840
£810
£89,144 £67.788
£28,796 £28,333
£1,046
£1,180
£4,991
£5.240
£5,167
£552
£2,166
£1,030
2053 - Ofganlsl- 3rd Party
2101 Worklng expenses ol Incumbent
2102 - Trustee, Minlslry, Staff & Volunteer Expenses
2103 - Equals Card ExpendSlure - Mlni81ry
2104 - Equals Cgrd Expendllure W8rden8
2170 - Edu¢allon
2201 Par15h IraSnlng and mlsslon
2301 Church runnlng - Insurance
2310 . Church office . telephone
2312 Church Office - Pholocopier
2313 Church Office - slalionery
2330 . Church maintenance
2331 Cleaning
2340 - Upkeep of services
2350- Upkeep ol churchyard
2360 Adminislralion
£2SO
£1,080
£48
£406
£2,935
£1,247
£2,070
£1,896
£5,515
£981
£3,007
£1,353
£1,652
£508
E3,007
£1,353
£1,652
£508
£2.377
£680
£1,668
£680
£2,315
£350
£613
£1,819
£2,192
£18,520
£136
£709
£527
£2.841
£350
£613
£4,OS1
£1,205
£1,391
£2,831
£6,913
£111
£168
£1,002
£431
£968
2370- Vlsiting speakers I loeums
2401- Church running - eledri
2410 - Church runnlng - gas
2420- Church runnlng - walef
2502 - Toddlers - Expenses
2503- Cale Expenses
2601 Governance costs examinalionlaudll fee
2842 - Depreciation - Fixed Assets
Expendlture on charltable actlvlt195 Tota15
£1,819
£2,192
£18,520
£116
£440
£3,491
£440
£3,491
£160.674
£2,566
£153.140 £137,873
Payrngnts Grand totals
£155,586
£2,566
£158,152 £141,282

Page 14
ALL SAINTS. PARISH CHURCH, STREETLY
NOTES TO THE FINANCIAL STATEMENTS (Continued)
FOR THE YEAR ENDED 31 DECEMBER 2024
4(al STAFF COSTS
2024
2023
Salaries including payroll admin
28,796
28,553
28.796
28,553
During the year the PCC employed an organist (hours reduced by 50 % I, youth leader (Jan - Aug), caretaker,
cleaner and a parish administrator.
Together these costs for employees equate to less than two full time employees.
4(bl PCC COSTS
There were no other disclosable transactions in respect of the PCC members, persons closely
connected to them or other related parties.
No member of the PCC has received any remuneration, benefit or reimbursement of travelling or
subsistence. other than the Ministry Team in the normal course of their duties.
2024
2023
Working Expenses of Incumbent.
Other Trustee Personal Expenses"
4,991
3,431
5,240
552
8,422
5,792
.2024 Includes Mileage, Gifts, Hospitality, Broadband, Mobile and Homeworking plus church items bought
through personal cards.
.2024 Includes Mileage, Gifts, hospitality and Homeworking plus church items bought through personal
cards
51a) TANGIBLE FIXED ASSETS
2024
2023
COST
At 1 January 2024
Additions - Boiler
Disposal
At 31 December 2024
59,642
10,091
58,223
1,419
69,733
59,642
DEPRECIATION
At 1 January 2024
Charge forthe year
Depreciation on disposals
57,354
3,490
56,386
968
At 31 December 2024
60,844
57,354
NET BOOK VALUE
At 31 December 2024
8,889
2,288
BOOK VALUE BY ASSET
Boiler
Contactless Donations station
Digital Piano
7,568
710
612
1,064
1,224

Page 15
ALL SAINTS, PARISH CHURCH, STREETLY
NOTES TO THE FINANCIAL STATEMENTS (Continued)
FOR THE YEAR ENDED 310ECEMBER 2024
Slbl INVESTMENTS
Cost
Markèt Value
2023
2024
2023
2024
Quoted investments
CBF investment fund
CBF property fund
CBF global equity lund (see note below)
COIF property fund
Edenlree Amity lund - Isold 20201
Canaccor(S Genuily share portfolio
45,000
60,000
75,000
50,000
37,550
149,342
416,892
175
16,479
433,546
45,000
60.000
75.000
50,000
37,550
149,342
416,892
175
16.479
433.546
78,062
57,220
119.928
52,513
7fj,315
56,905
138,424
52,263
179.121
486,844
175
3.233
490,252
181.836
505.743
175
17,314
523,232
Social inveslmenl-weslmlll Solar
CBF deposit funds Isee note below)
Note CBF investment fund £27,000 sold In 2024
Nole CBF Deposit Fvnd £15.000 withdrawn In 2024
Movement on quoted securities
Unro$trl¢tod Doslgnated Restrlctod Endowment Pormanent
Total
Market value 1 Jan 2024
Additions during year
Revalualion profil I (loss}
Sale ol investments
Transfer between funds
Market value 31 Dec 2024
83,622
90,327
331.794
505.743
3,520
2,199
2,382
127,0001
11.106
54.603
8,101
127.0001
1.208
2.312
8,848
94,669
3,466
335.260
486,844
DEBTORS
2024
2023
Income lax recoverable
Othèr debtors
3,183
1.610
4.793
LIABILITIES
Amounts lalllng duè Sn on• y•4r
Accruals ol ulililies
Amounts recelved In advance
Agency Collections
Olhei creditors
2024
2023
1,890
5,059
7,837
2,004
9,841
9,891
16,841
Amounts falllng dug after on• y•ar

P89e 16
ALL SAINTS, PARISH CHURCH, STREETLY
NOTES TO THE FINANCIAL STATEMENTS Icontlnuedl
FOR THE YEAR ENDED 31 DECEMBER 2024
ANALYSIS OF NET ASSETS
G?neral
De8lgnated Re8trleted Endowmtnt
At 3111212024 At 3111212023
Fixed assets
Tangibl8 Assets
Inv&$imeni$
£8,889 -
£2.312
£11.201
£8.889
£487,020
£495,909
£2,288
£505.919
£506,207
£94,889
£94,669
£175
£389,8e4
£389,864
£175
Current a88¢ts
Debiors
C8sh Al Bank And In Hand
£4,793
£57,845
£62.838
t239
£1.880
£1,880
£26.474
£26,474
£1.087
£1.067
£29.461
£29.461
£239
Creditors." Amounts Falling Due In One Year
£4,076 -
£4,078
É5,765 -
£5,785
tg.841
£9,841
£22.158
£22.158
Nèt current a8set81088 current Ilabllltle8
-£3.837
£1,880
£20.709
£1,067
£19,620
£40,480
Total a•8eti Iti8 current Ilabllltl88
£7.364
£96.350
£20.884
£390,931
£515,529
£548,887
Amounts f8I1in9 due after one year
Total ngt a*•gt• l?•• Ilabllltlo8
£7,364
£98.350
£20,884
£390.931
£515.529
£548.e87
FUND MOVEMENTSVMMARY
Fynd
Fund balanc0• Incomlng Outgolng Tran#forn Galn• and Journal
brought
fO￿ard
R••oure•• Ro#oure•#
Entilè•
Fund balane•#
Carrl8d
fo￿ar
Unraslricl8d
G•n•ral- G•noral Fund
£5,871 E115,427 £155,586
£38,132
£3,520
£7,384
Sub-lolals
D8sion81ed
Designated- Designated
£5,871
E115.427 £155,586
£38,132
£3,520
£7.364
£95,702 -
-£1.551
t2,199
£96.350
Sub-lola15
£95,702
-£1.551
t2.199
£96.350
Reylricled
AucSio- Audio Restricted
Cholr- Choir Rtr$liiGted
Flower- Flower Re$lricl8d
£3,791
£879
£441
£188
£474
.£188-
£3.317
£230
£239
£849
£222
£43
-£23
Frlendy- Friend¥ Of All Saints
£7Q9
£709 -
Garden of Re8t- Garden Of Rest R?¥trl¢lod Fund
£728
£581
-£34
£1,254
Plano. Plano Re$lfi¢led Fund
Reireai- Retreat Reslricled
S8ncluary. San¢lu8ry Re$tri¢ied
£5,087
£214
.£214
£500 -
£5,067
£250
£250
£262
t14
£202
.£14
Vicarage R8furbishmtrnl- Vic8rag8 R8furbi8hm8nl
VIrtU81 Church. Vlrtual Chuf¢h Ro$iri¢tsd
Youth Fund120221- Youth Fund120221
£250
-£70 -
£180
£10,346
£445 -
-£445 -
£10,348
Su&lolals
Endowmanl
£22,473
£1.488
£2,568
-£489 -
£20.884
Expendable- Expendable Endowm•ni
P•rmanent- Permanent Endowmenl
£92,828 .
£331,813
39.559
£3,488 -
£2.382 .
£55.650
£33S.281
Sub-lolals
£424.641
-£36.092
£2,382 -
£390.931
Totals
£548.687 £118.892 £158.152-
£8,101
£515.529