Charity registration number 1134494 {England and Wales) ST PETER'S CHURCH HARROGATE PAROCHIAL CHURCH COUNCIL ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024
ST PETER'S CHURCH HARROGATE PAROCHIAL CHURCH COUNCIL LEGAL AND ADMINISTRATIVE INFORMATION Trustses Alan Garrow Chris Clayton Sian Lockwood Hannah Beck lan Birt David Hipkin ffreasurer) John Longstaff Felicity Moss Ruth Thompson-vear Bella Blake Catharine Davies Catherine M8dforth Jennifer Edwards Kate Blake Helen Camm Mlke Davies Leigh Thompson TSM Robinson Beverley Cooper Paul Harrls (Appolnted 21 May 2024) (Appolnled 21 May 2024) (Appointed 21 May 2024) (Appointed 21 May 2024) (Appoinled 21 May 2024) Charfty number {England and Wales) 1134494 Independent examinor Holeys Limited 15117 North Park Road Harrogate North Yorkshire HG15PD Bankern Natwest Bank plc 3 Carnbridge Crescent Harrogate North Yorkshire HG11PE
ST PETER'S CHURCH HARROGATE PAROCHIAL CHURCH COUNCIL CONTENTS Page Churchwardens, Report Trustees report Independent examinerfs report 10 statement of financial activities Balance sheet 13 Notes to the financial stalements 14-28
ST PETER'S CHURCH HARROGATE PAROCHIAL CHURCH COUNCIL CHURCHWARDENS, REPORT FOR THE YEAR ENDED 31 DECEMBER 2024 2024 was another very busy year, with much to lebrate against a backdrop of world turmoil and challenges at home. Our church life was brought campletely back to normal, with the re-introduction in the summer of the common cup at all services. We continue however to change and evolve to meet the changing needs of aur congregations. Some of the changes introduced during the pandemic corrtinued to prove valuable, such as the toy bags at the 9.30am Servi and use of the projector at the 9.30am and 4.15pm servIs. We carried on 51reaming our early moming services, with a faithful online congregation joining the live congregation of people involved in Breakfast Club. We intrOdud This Time Tomorrow at the 9.30am Se1 on the third Sunday of the month. Thal has given different people the opportunity to share where Ihey will be on Monday. what opportunities they have to make a difference there, and the challenges they fa. The aim has been to help us see that God cares about every part of our lives, noljust what happens in Church. Our church's vision is to 'feed hungry people. and food has been a dominant theme in 2024. We have held many regular food-based activities and events from Men's Breakfast lo Market Day Café and church refreshment days (accompanied by Dan Brewer's hugely successful book sales). Our Afternoon Fellowship retumed in April, meeting on the second Tuesday of each month in church with speakers and the most wonderful tea, Café Connect, Ihe national programme from FaithAction to welcome people arriving in the UK from Hong Kong met on Fridays until April when sadly the funding stopped, and this popular and successfijl group had to end. Breakfast Club celebrated its 25th anniversary in 2024, providing regular foo&support to people who need that help. They provided breakfasts Monday-saturday, Sunday lunches, evening meals three times a week and a free 'supemarket' once a week. As their founder Hannah Beck said: 'We are different because we don't ask questions, we don't 'push' religion and we make sure people are proteded from outside influences while they are with us,. As well as our regular food activtties, we have held celebrations which brought the whole church family together. The first in the year was the unforgettable Chinese New Year party celebrating the Year of the Dragon and hosted by our Hong Kong families. This was followed by an American pancake paty to mark the start of Lent and a pie and pea supper in aid of Christian Aid. Our ever-popular HaNest Supper rounded the year off, leading us nilY into the preparations for Christmas and the Christmas Fair. There are many wonderful volunteers involved in the cooking, baking and serving necessary to deliver all thesa many food activities. They a ttjo many to mention Indlvidually, but among them, especial thanks go to: Our Hong Kong famllles for giving us a wonderful Chinese Newyear Catherine Medforth and her refreshment teams who organise the Market Day Cafés and Church Refreshment Days Leigh Thompson who runs our resurrected Aftemoon fellowship Hannah Beck and Steve Gibb for their faithful commitment to Breakfast Club in all its forms. Sarah Martin for all Ihe work she PLrts into organising the Christmas Fair. St Peter's people have a strong commitment to social justi. One example of this can be seen in aur support of charities such as Artizan and Compassion UK. Another example in 2024 was the establishment of the St Peter's Environmental Action Group (soon lo be shortened to 'Eco-Group') in April. The commitment of the group members was impressive and resulted in the Bronze Eco-church Award in June. Many thanks to them all, and especially Chades Stones and Sunny Lee who gave up so much time to making our church heating and lighting more efficient. The community of the church continued lo thrive throughout 2024. Fellowship groups have always been a much-loved feature of church life. Men's Fellowship is one example. coordinated by Bryn Heapy and providing an opportunity for men to come together over breakfast to explore belief and faith. In addition, we have a number of popular new activity-based fellowship groups such as the Strollers Group and the knit and natter group. Home groups continued to meet under the leadership of Chris Clayton.
ST PETER'S CHURCH HARROGATE PAROCHIAL CHURCH COUNCIL CHURCHWARDENS, REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 May saw the re-commissioning of our Lay Pastoral Care Minister Jan Edwards and the Pastoral Care Team. Our pastoral care team supports the clergy teaTn in their pastoral ministry. In addition, Jan led a much-valued Bereavement Joumey course in the spring. The congregation as always responded generously to our Harvest and Chrislmas gift bags appeal, helping local families, and bringing pleasure to older people living alone or in a care home. Our welcome team led by Atyson Davies provided a warm welcome to people using our space and to the many other visitors to St Peter's. Sl Peterfs ministry to children and young people continued to have strong focus in 2024. Our Toddler group led by Frances Roxby-Proud continues lo thrive. Our popular Sunday Club has been ably led by Chris Clayton with an expanding group of amazing volunteers. The Sanctuary Group, also led by Chri5 and his wife Sam, enjoyed many and varTed activities over the year. The St Peter's Players prodUd an entertaining Box of Delighls in November, involving many of our Children. St Peter's continues to work hard to encourage people to come into our church and share our fellowship. Christmas itself provides one opportunity, with Ihe Chrislmas Fair, Christmas-tree festival, shoppers carols held on the Saturdays of the town's Christmas fair, candle-lit SeiS led by our wonderful choir and Christingle servIS crammed lo the rafters with children and their families. More than 2000 people carne to serviGes at st Peter's over the Christmas period. Our vicar Alan Garrow tested us all by taking a sabbatical which ran from mid-July to mid-october. Chris Clayton ably stepped into his shoes while he was away, but he and we were very glad to see him backl Karin Shaw, and Steve Gibbon were both ordained to the office of priest in June 2024. Wa benefit so much from all they Contrlbute to church life. Church music continues to be an inspiration for members of the congregation and for people outside the church. Highlights in 2024 were the organ recilal by John Longstaff at the end of August, the performance of Handel's Messiah in December and of course our Christmas music. We are so grateful ta our Director of Music John Longstaff with members of the choir and Jude Williamson wtth members of the music group for providing such a high standard of music. Carole Raw in the parish office continued to play a remarkable role throughout 2024, leading the team caring for the Church fabric and managing the administration of the church as well as our community room booking seiCe. We are extremely thankful for her diligence and dedication.
ST PETER'S CHURCH HARROGATE PAROCHIAL CHURCH COUNCIL CHURCHWARDENS, REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 staff meetings and Standing Commiltee meetings have largely stayed online, but PCC meetings have reverted to face-to-face. The number of people involved in the life of the church can be counted in the many hundreds. Many offer support and practical help to people in our church community and parish, while others have more fomial roles to keep help our serwces run smoothly, welcome people into our church building and continue and expand our mission ta 'feed hungry people., In reviewing 2024, we are so thankful for all those who worked informally and formally to support ServIS and help people in our church community and parish. Thanks were offered eartier in this report to those involved in acting out the vision of our thurch to 'feed hungry people.. We also offer thanks to.. Our Clergy team and Lay Readers who maintain our pattem of worship. All those who help our seNices to run smoothly including our Duty Wardens, Sidespeople, Sacristans. Administrants. Lesson Readers, and Intercessors Our dedicated team oftechnicians who guide us through the projaded liturgy and hymns for our 9.30 seNice. The bellringers and hand bell ringers. ably led by Hannah Beck, whose exuberant music enriches our church life OurTreasurer David Hipkin Our edltor Marian Chambers of the Weekly News for her dedication to ¢ontinuing this most vital link. Alyson Davies and the Welcoming team who provided a warm welcome to all those coming into our church during the week. Jan Edwards and the members of our pastoral care team All those SUPPQrting the children and young people of our church family. All those providing and arranging flowers in church. givtng such pleasure to our congregation and those visiting our church. Elected members of the PCC and those who retired from office this year, especially our PCC secretary Rachel Fell. On a personal note. our speclal thanks go to Hannah Beck and Steve Gibbs who stepped down from Breakfast Club at the end of the year. We are so grateful to them for their dedication and commitment over so many years. One of the main dulles of the Churchwardens is to support the incurnbenL We hope that we have supported him well over this ever-changing year. We continue to be privileged lo serve the Parish and to be part of the lovyng family of St Peter's. Mike Davies and Sian Lockwood Date: 20 May 2Q25
ST PETER'S CHURCH HARROGATE PAROCHIAL CHURCH COUNCIL TRUSTEES REPORT FOR THE YEAR ENDED 31 DECEMBER 2024 The trustees present their annual repori and financial statements for the year ended 31 December 2024. The financial statements have been prepared in accordan with the accounling policies set out in note 1 to the financial statements and comply with the charily's goveming document, the Charities Act 2011 and Accounting and Reporting by Charities.. Statement of Recommended Practi applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 102)" (effective 1 January 2019). Aims and purposes St Peterfs Parochial Church CDuncil (PCC) has the responsibility of co-operating with the Incumbent in prornoting in the eGGlesiastical parish the whole mission of the Church - pastoral, evangelistic. social and ecumenical. The PCC is also responsible for.. ensuring legal compliance with charity law and ecdesiastical law, in particular in the areas of safeguarding, finance, HR and data protection., and care for the church building so that it is best suited to the church's ministry and mission, including its meeting spaces and its use for the benefit of the commun¢ty. The PCC has also adopted its own purpose statement summarising the above, as follows.. "We are here to prayerfully disGem Gods calling on the body of St Peleffs and to enable and 8UPPOrt its vision. We also have responsibility for the GhurGh s finances, fabiiG and otherlegal Matte."
ST PETER'S CHURCH HARROGATE PAROCHIAL CHURCH COUNCIL TRUSTEES REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Objectives and actiVTties Our Wision: Feeding Hungry People Our vision is to be a community where people's hunger for belonging, purpose and God himself are ever more truly satisfied. Belonging: A place where every person is aCpted, known and valued. Purpose: A place where every person is encouraged to live out their unique vocation. Worship: A place where every person is enabled to offer whole-heart and whole-life worship to God. Our Values: Open: accepting people thout pr&condition or judgment. Generous: seeking to be a sign of God's generosity in the way we treat one another, and in our efforts to bless the town and wider world. Engaged: engaging with our local community, responding to so¢Tal need, and working to support one another in the challenge of following Jesus in everyday life. Children and Young People We believe that children and young people deserve our particular care and respect. We are committed to enabling them as Indlvlduals who are accepted, known and valued, are encouraged to discern and live out their vocation, and who are enabled to participate fijlly in worship. Isolatlon and Lonellness We recognise isolation and loneliness as one of the greatest challenges faced by many people living in Britain today. We are committed to valuing everyone, including those who commonly find themselves excluded or ignored In other contexts. The Envlronment The environment belongs to God and its care belongs to us as God's people. As Christians, we each are called to participate in environmental care, most urgently to achieve net zero carbon. Loving th8 earth is to worship God and serve our neighbours. Our activities during the year were guided by our vtsion and values and we also considered the Charity Commission's guidan on public benefrt.
ST PETER'S CHURCH HARROGATE PAROCHIAL CHURCH COUNCIL TRUSTEES REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Achiovements and perfornianGe Belonging Durlng 2024 the PCC renewed its focus on inclusion. And welcome several Ukrainian members. We now have Inclusive church membership organized by Mike Davies. We also continued to build our Hong Kong community In church including hosting a very popular Lunar New Year celebration. Many of the activities and groups valued by the St Pete¢s community also continu8d this year, for example Afternoon Fellowship, Toddlers Group, Sit and Knit, Ladies who Lunch, Mens, Breakfast and Evening Fellowship. Purpose Sl Peter's ran three confirmallon classes wllh Karln and Chris, a Happiness lab with Sam Clayton, Bereavement Journey classes, Blble study, d5scusslons and Interactive exercises to explore Christianliy whlch was well attended and supported, We also contlnued to run the Thinking about God group In church and home groups. Five young people and three adults were prepared for confirmation, culminating in a confirmation service led by the Rt Revd Anna Eltringham In June. Peter Hallam completed the 20ccaslonal Preachers. course Worshlp We alm la offerworship that is formal and infomial, traditional and contemporary- givlng everyone an opportunty to meet with God. In 2024, we provided three midweek and five Sunday seNices each week and offered online moming and evening prayer for six days a week. The average weekly attendance (counted during October 2024) was approximately 391 people, including children (2023- 415). Open, Generous, Engaged In a year whlch contlnued to be domlnaled by the cost of Ilvlng crisis, St Petef's sought to Spond wlth generosity and care. In particular: Our food ministry has continued throughout the year, providing vital sustenance and welcome to those in need. Breakfast is served in church daily (except Sunday). together with hot rneals (to eat in or take away) on Mondays, Wednesdays and Fridays and a hot Sunday lunch. A'mini-supermarket is available on Thursdays. St Peter's extended its participation in The Warm Welcome Campaign - a community response to the cost of living crisis which saw St Peter's open daily to provide a warm welcome space for people struggling with heating bills during the winler months. st Peter's also held events engaging with the local community during the year including Sit and Knit, Digital Drop in. the Christmas Fair, Refreshment days. secondhand book stall and the Christmas Tree Festival. The church also continues to host community groups, charities and support groups in its meeting spaces. In addition, the St Pelerfs Players staged "A Box of Delights. in November, involving perfomers of all ages and In front of live aUdienS.
ST PETER'S CHURCH HARROGATE PAROCHIAL CHURCH COUNCIL TRUSTEES REPORT {CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Children and Young People A range of groups and activities for our children and young people were available during 2024.. Sunday Club - aimed at primary school age children, tt seeks to explore the Bible in a fun and exciting way- involving both craft activities and more reflective sessions. Stepping Stones - an accessible and infomal Servi for families which welcomed several new families to tts community this year. Sanctuary- our Sunday youth group, which saw its members undertake and range of trips and activities. Toddler Group. which continues lo serve our local community. offering a friendly welcome leadlng some of its members to attend Sunday worship and even get baptized. We are grateful for the time, talents and commitment of all involved in these groups and se]CeS. Isolation and Loneliness The Pastoral Care team contlnues to focus on tackling isolation and loneliness in our community and to regularty conlact and respond to those in need. The team visit people at home and in care homes, do food shopping, keep in touch by telephone, establish links wtth relattves. offer essential transport and administer Home Communion. The Market Day Café takes place on the second Thursday of the month (after the Thursday Holy Communion service) serving hot drinks, light lunches and cake. We also continued to hold Café Reflexions on Wednesdays, offering readings and refreshments in an infomial and relaxed setting. During the year, the HaNest bags and Christmas Gifts appeals to help local families and older people living alone or in residential care, had an ovetwhelmingly generous response from our congregations. Safeguarding The PCC has adopted the House of Bishops safeguarding policy statement and procedures around the reporting of serious incidents- these, together with safeguarding contact details, are on display in church and on the website. During the year, the PCC reaffirmed its commitment to this statement and the church's own safeguarding policy. Safeguarding is on the agenda of every PCC and standing committee meeting and the PCC has also reviewed and approved its safeguarding action plan covering training and DBS checks for PCC members and safeguarding leads, policies, procedures and reporting. Envimnment We are in need of an Environment OffIr Charitable giving The PGC agreed to donate a sum broadly equal to 5°A of annual planned giving {a total of £9,000), divided equally between Artizan International, St Augustine's Bradford Youthworker, Netmakers, Wellspring Therapy and Training, Shine West Bowling and St Andrew's Chosica in Peru {£1.50Q each). We have Ghanged the way the money is calculated and now it come to quite a lot of Gash £9000.00 Currently. Which is worked out at 5°A. Last year we gave two lols one to Artizan Uk and the other to Artizan International. The principal work applying is that charities thal we have a personal connection with The PCC discussed various charities and seven charities have been put forward for consideration. In20ut, Artizan UK, Artizan Internalional. Families and Youth Pro510, Netmakers, Shine, St Andrews in Chosica, and the Young Persons Project.
ST PETER'S CHURCH HARROGATE PAROCHIAL CHURCH COUNCIL TRUSTEES REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Financial review Total receipts on unrestricted funds were £352,818 of which £239.399 was unrestricted planned giving and voluntary donations. A further £32,874 was from GfftAid. Other sources of unrestricted funds include legacies of £34,005, Church letting, parish fees and fundraising lotaling £41,384 and interest and other income of £5,156. Full details are shown in the Financial statements. Restricted donations, income and assocÈated gift aid of £29.653 were also received. These transactions relate to our food ministry and the building and are detailed in the Financial Statements. Reserves policy Unrestrictad reserves at the year end stood at £159,659 (2023.. £211.894). The PCC'S policy is to keep £115,QOO in rÈserves, broken down as follows: Operating costs lo cover unforeseen eventualitses £65,000. To maintain the building and its contents £50,QOQ It is the policy of the PCC that unrestricted funds which have not been designated for a specific use should be malntsined at a level equivalent to between thrèe and six months, expenditure. The PCC consider that reserves at thls level will ensure that. in the event of a signtficant drop in funding, it will be able to continue the PCC'S currant activities while consideration is given lo ways in which additional funds may be raised. This18V81 of reseNes has been maintained throughout the year. Structurei govamance and managemant The tharity is a body corporate established by the Church of England. It is controlled by its governing documents. the Parochial Church Councils (Powers) Measure 1956 and the Church Representation rules, both as amended. It is a registered charity, with number 1134494. The method of appointment of PCC members is set out in the Church Representation Rules. The membership of the PCC consists of its clorgy, churchwardens, deanery synod representatives and members elected at the APCM by those on the electoral roll of St Peterfs (which includes the treasurer and secretary). All members of our congregation are encouraged to register on the Electoral Roll and stand for election to the PCC. At the 2024 APCM (held on 21 May 2024), the Electoral Roll stood at 279. The PCC members are responsible for making deusions on all matters of general Concem and importance to the parish, including deciding on how PCC funds are to be spent. In addition, the standing committee reports back to the PCC regularly with minutes of their decisions received by the full PCC and discussed as necessary. Administrative information St Peter'5 IS situated at the heart of Harrogate adjacent to the War Memorial, and in the midst of the commercial centre of the town. It is part of the Diocese of Leeds within the ChurGh of England. The address for correspondence is.. st Peters Church Cambridge Road Harragate North Yorkshire HG1 1P8
ST PETER'S CHURCH HARROGATE PAROCHIAL CHURCH COUNCIL TRUSTEES REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 PCC members PCC members who have served during 2024 are: Ex-officio members: Incumbent Assooiate Vicar Curates Alan Garrow Chris Clayton Steve Gibbin Karin Shaw Sian Lockwood Mike Davies (Elected May 2024) Mo Alkinson (Retired May 2024) Churchwardens Deanery Synod Representatives: Hannah Beck Helen Camm Catharine Davies Elecled Member5'. lan Birt Bella Blake Kate Blake Lance Burgess (retired May 2024) Stewart Davies (retir8d May 20241 Jan Edwards Rachel Fell (retired May 2024) John Longstaff Catherine Medforth Fellcity Moss Ruth Thompson-vear Leigh Thompson (Elected 2024) Tim Robinson (Elected 2024) Beverley Cooper (Elected 2024) Paul Harris (Elected 2024) Co-opted Members.. David Hipkin (Treasurer) Roy Taylor (Retired 2024) The Trustee report was approved by the Board of Trustees. 20 May 2025
ST PETER'S CHURCH HARROGATE PAROCHIAL CHURCH COUNCIL INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF ST PETER'S CHURCH HARROGATE PAROCHIAL CHURCH COUNCIL I report to the trustees on my examination of the financial statements of St Pete¢s Church Harrogate Parochial Church Council {Ihe charity) for the year ended 31 December2024. Responsibilities and basis of report As Ihe trustees of the charity you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011. I report in respect of my examination of the charity's financial statements carried out under section 145 of the Charilies Act 2011. In carying out my exaTninalion I have followed the Directions given by the Charity Commission under section 145{5)(b) of the Charities Act 2011. Independent examlner's ststement Since the charity's gros5 income exceeded £250.000. the independent examiner must be a member of a body listed in section 145 of the Charities Act 2011. 1 confimi that l am qualified to undertake the examination because l am a member ofThe Institute of Chartered Accountants in England and Wales, which is one of the listed bodies. I have completed my 8xamination. I confirm that no matters have come to my attentlon in connection wlth the examination giving me cause to believe that in any material respect: accounting records were not kept in respect of the charity as required by sedion 130 ofthe CharitiesAct 2011. the financial statements do not accord wtth those records., or the fnancial statements do not comply with the applicable requlrements concerning the form and Content of financial statements set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the financial statements give a true and fair view, which is nol a matter considered as part of an independent examination. I have no ¢on¢ems and have come across no other matters in connection with the examination to which attention should be n in this port in order to enable a proper understanding of the financial statements to be reached. P D Rookas FCA Holeys Llmlted 15117 North Park Road Harrogate North Yorkshire HG15PD Dated: 20 May 2025 10-
ST PETER'S CHURCH HARROGATE PAROCHIAL CHURCH COUNCIL STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2024 Current financial year Unrestricted Restricted Endowment funds funds funds 2024 2024 2024 Total Total 2024 2023 Incomin Resources VoSuntary Income Activities for Generating Funds Investments Other Incoming Resources Income from Church Activities 306.278 12.554 4.324 832 28,830 28.295 1.351 334,573 13,9a5 5,830 832 28,830 425,949 13.159 5.977 1,499 34.583 Total Incoming Resources 352.818 29.653 1,499 383,970 479,672 Resources Ex ended Church Running Expenses Ministy Governance Costs Grants 167,536 233.668 1.050 9.000 16,989 184,525 233,668 1,050 21,632 196.281 213,218 2,100 18,082 11 12,632 Total Resources Expended 411.254 29,621 440,875 429,681 Net gainsl{losses) on investments 12 6,201 717 6,918 7.313 Net movement In funds (52,235) 32 2,216 {49,987) 57,304 Fund balances at 1 January 2024 211,894 39,051 43,021 293.966 236,662 Fund balances at 31 December 2024 159.659 39,083 45,237 243.979 293,966 The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities. 11
ST PETER'S CHURCH HARROGATE PAROCHIAL CHURCH COUNCIL STATEMENT OF FINANCIALACTIVITIES (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Prior financial year Unrestricted Restricted Endowment funds funds funds 2023 2023 2023 Total 2023 Incomin Resources Voluntary Income Activities for Generating Funds Investments Other Incoming Resources Income from Church Activities 387.824 13.151 4.736 38,125 425,949 13,159 5.977 39 1,202 34,583 34,583 Total Incoming Resources 440,298 38,172 1,202 479.672 Resources Ex ended Church Running Exp@nses Ministry Governance Costs Grants 151,443 213,218 2,100 9.780 44,838 196.281 213,218 2,100 18,082 8,302 Total Resources Expended 376,541 53,140 429,681 Net gainsl(lossesl on investments 4,619 2,694 7,313 Gross transfers between funds Net movement in funds (2,140) 66,236 2,140 (12,828) 3,896 57,304 Fund balances at 1 January 2023 145,658 51,879 39,125 236.662 Fund balances at 31 December 2023 211,894 39,051 43,021 293,966 12-
ST PETER'S CHURCH HARROGATE PAROCHIAL CHURCH COUNCIL BALANCE SHEET AS AT31 DECEMBER 2024 2024 2023 Notes Flxed assets Investments 12 140,215 130.287 Current assets Debtors Investments Cash at bank and In hand 13 17,062 65,149 45,084 22,593 125,735 41,353 127,295 189,681 Credltors: amounts falllng due wlthln ona y6ar Taxation and social $8curity Other creditors 2,592 20,939 2,488 23,518 14 23,531 26,002 Net current a86ets 103,764 163,679 Net a88ets 243,979 293,966 The funds of the charity Endowment funds Restricted income funds Unrestricted fund8 15 16 45,237 39,083 159,659 43,021 39,051 211,894 243,979 293.986 The financi81 statements were approved by the trustees 20 May 2025 Alan Garrow David Hipkin (Treasurer) (C IJAv,-£
ST PETER'S CHURCH HARROGATE PAROCHIAL CHURCH COUNCIL NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 Accounting policies Charity inforniation st Petels Church Harrogate Parochial Church Council is a charity registered in England and Wales (charity registration number 1134494). The correspondence address is St Petels Church, Cambridge Road. Harrogate. North Yorkshire, HG1 1PB. 1.1 Accounting convention The financial statements have been prepared in accordance with the charity's governing dacumenl. the Charities Act 2011, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland. C'FRS 102") and the Charities SORP "Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Stsndard applicable in the UK and Republic of Ireland (FRS 102)" (effective 1 January 2019). The charity is a Public Benefit Entity as defined by FRS 102. The charity has taken advantage of the provislons In the SORP for charities not to prepare a Ststement of Cash Flows. The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £. The financial statements have been pr8parad under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properbes and certain financial instruments at fair value. The principal accounting policies adopted are set out below. 1.2 Going concern At the time of approving the financial statements, the trustees have a asonable expectation that tha charity has adèquate resour¢És to continue in operational existen¢e for the foreseeable future. Thus the trustees continue to adopt the going concem basis of accounting in preparing the financial statements. 1.3 Charitable funds Unrestricted funds These represent the remaining fijnds of the PCC that are available for spending on the general purposes of the PCC, including amounts designaled by Ihe PCC for fixed assets for its own use or for spending on a future project and which are therefore not included in its Yree reserves, as disclosed In the Trustees Report. Restricted funds These are income funds that must be spent on restricted purposes and details of the funds held and restrictions provided are shown in Ihe notes to Ihe accounts. Endowment funds These are restricted funds that must be retained as trust capital either permanently or subject to a discretionary power to spend capital as income, and where the use of any income or other benefit derived from the capital may be restricted or unrestricted. Full details of all their restrictions are shown in the notes to the accounts. 1A Income Income is recognised when the charity is legally entttjed to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received. 14-
ST PETER'S CHURCH HARROGATE PAROCHIAL CHURCH COUNCIL NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Accounting policies (Continuedl Voluntary Income & Capital Sources Collections are recognised when received by or on behalf of the PCC. Planned giving receivable under covenant and gift aid is recagnised only when received. Income tax recoverable on gift aid donations is recognised in the period that the underlying donation is received. Grants and legacies to the PCC are accounted for as soon as the PCC is notified of its legal entitlement and the amount due. Other Ordinary Income Rental income from the letting of church premises is recognised when the rental is due. Income from Investments Dividends and interest are accounted for when receivable. Tax recoverable on such income is recognised in the same accounting year. Gains and Losses on Investments Realised gains or losses are recognised when investments are sold. Unrealised gains or losses are accounted for on revaluatlon of investments at 31 December 2024. 1.5 Expenditure Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement, and the amounl of the obligation can be measured reliably. Expenditure is classified by aclimty. The costs of each actNlty are rnade up of the total of direct costs and shared costs, including support costs invotved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned beeen those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depre¢lation charges are allocated on the portion of the assefs use. 1.6 Heritage assets Consecrated and Benefice Property In so far as consecrated and benefice property of any kind is exduded from the statutory definition of 'charit by Section 10{2){a) and (c) of the Charities Act 2011 such as assets are not capitalised in the financial statements. Moveable church furnishings held by the vicar and churchwardens on special trust for the PCC and which require a faculty for disposal are inalienable properly. listed in the church's inventory, which can be inspected (at any reasonable time). For anything acquired prior to 2000 there is insufficient cost information available and therefore such assets are not valued in the financial statements. Subsequently all expenditure has been written off when incurred. 1.7 Fixed asset investments Fixed asset investments are initially measured at transaction price excluding transaction costs, and are subsequently measured at fair value at each reporting date. Changes in fair value are reGognised in net inGomel(expenditurel for the year. Transaction costs are expensed as incurred. 1.8 Cash and cash equivalents Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of Ihree months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities. 15-
ST PETER'S CHURCH HARROGATE PAROCHIAL CHURCH COUNCIL NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Accountlng pollcles {Contlnued) 1.9 Flnanclal Instruments The charity ha5 elected lo apply the provisions of Section 11 'Baslc Finanaal Instruments, and Section 12 'Olher Financial Instruments Issues, of FRS 102 to all of its financial instruments. Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the contractual provisions of the instrumenl. Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an inlentlon to settle on a net basis or to reali5e the asset and settle the liability slmultsneously. Baslc flnancial assets Baslc financlal assets, which include debtors and cash and bank balances, are Inltlally measured at transaction prlce Includlng transaction costs and are subsequently carried at amortised cost using the effeclivè Interest method unless the arrangÈmenl constitutes a financlng Iransactlon, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets dassltled as recelvable wlthln one year are not amortlsed. Baslc fln8n¢lal liabllities Baslc flnanclal Ilabllltles, including credllors and bank loans ar8 initially recognised at Iransactlon prlce unless the arrangement constitutes a financlng transaction. where the debt instrument Is measured at the present value of the future payments discounted at a market rate of Interest. Flnancial liabilities classified as payable within one year are not amortised. Debt instruments are subsequently carried al arnortised cosl, using the effecllve Interest rate mathod. Trade creditors are obllgatlons to pay for goods or seNices that have been acqulred In the ordinary course of operallons from suppllers. Amounts payable are classified as current liablllties If payment is due within one year or less. If not, they are presènted as non-current 118bilities. Trade creditors are recognised initially at tr8ns8Ctlon prSce and subsequently measured at amortlsed cost using the effective interest method. Derecognltlon of flnanclal Ilabllltles Financial liabilities are dereGognised when the Charity's contractual obligatlons explre or are discharged or cancelled. 1.10 Employee benefits The cost of any unused hollday entillement is recognis8d in the period in which the employee's services are received. Tenninalion benefits are r8cognis8d Immediately as an expense when the tharity is demonstrably committed to teminate the employment of an employee or to provlde temiination benefits. 16-
ST PETER'S CHURCH HARROGATE PAROCHIAL CHURCH COUNCIL NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Critical accountlng estlmates and judgements In the application of the charity's accounting policies, the trustees are required to make judgements, estimates and assumptions about the carying amount of assets and liabilities that are not readily apparent from other sources. The estimates and as80ciated assumptions are based on historical experience and other fadors that are considered to be relevant. Actual results may differ from these estimates. The estimate5 and underlying assumptlons are revi8wed on an ongoing basis. Revisions to accounting estimates are recogni5ed in the peri¢xI in which the estimate is revised where the revision affects only that period. or in the period of the revision and future periods where the revision affects both current and future periods. Voluntary Income Unrestrictsd Restrlctsd funds fund8 2024 2024 Total Unrestrlctsd Restrictod fund8 funds 2023 2023 Total 2024 2023 Planned Glvlng Collections Donatlons Grants Legacies GiftAid 143,790 12,570 83,039 5,360 146 9,174 12,000 149,150 12,716 92,213 12,000 34,005 34,489 118,025 10,448 79,432 950 151,353 27,816 3,g80 122,005 10,448 92,605 17,950 151,353 31,588 13,173 17,000 34,005 32,874 1,615 3,972 306,278 28,295 334,573 387,824 38,125 425,949 Income from other tradlng activ5tie8 Unrestricted Restricted funds funds 2024 2024 Total Unrestrlcted Restrlcted funds funds 2023 2023 Total 2024 2023 Non-charitable trading activities 12,554 1,351 13.905 13,151 13,159 17-
ST PETER'S CHURCH HARROGATE PAROCHIAL CHURCH COUNCIL NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Income from investments Unrestricted Restricted Endowment funds funds funds 2024 2024 2024 Total Unrestricted Restricted Endowment funds funds funds 2023 2023 2023 Total 2024 2023 Income from listed investments Interest receivable 2.636 1.688 1,499 4,135 1,695 2,029 2,707 1,202 3.231 2.746 39 4.324 1,499 5.830 4,736 39 1,202 5.977 18-
ST PETER'S CHURCH HARROGATE PAROCHIAL CHURCH COUNCIL NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Other income Unrestricted Unrestricted funds funds 2024 2023 Church Activities - Church Lettings Church Activities- Fees 25,388 3,442 32.804 1,779 28,83Q 34,583 19-
ST PETER'S CHURCH HARROGATE PAROCHIAL CHURCH COUNCIL NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Resources Expended Unrestricted Restricted funds funds Total Unrestricted Restricted funds funds Total 2024 2024 2024 2023 2023 2023 Church Runnlng Expense5 Heat, Light & Waler Repairs & Renewals General expenses Insurance Telephone Photocopier & Stationery Staff costs Choir & Music Investment Management Fees 37,748 28,840 17,864 9,316 1,216 4,838 57,699 8,715 1.300 37,748 28,84Q 30,987 9,316 1,216 4,838 57,699 12,581 1,300 36,030 4,960 26,87D 8,848 1,369 5,826 56,337 10,071 1,132 36,030 16.229 58,879 8,848 1,369 5,826 56,337 11,631 1,132 11,289 32.009 13,123 3,866 1.560 167,536 16,989 184,525 151,443 44.838 196,281 -20-
ST PETER'S CHURCH HARROGATE PAROCHIAL CHURCH COUNCIL NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Resources Expended (Continued) Unrestricted Restricted funds funds Total Unrestrictsd Restricted funds funds Total 2024 2024 2024 2023 2023 2023 Ministry Diocesan Share Clergy Expenses 228,582 5,086 228,582 5,086 208,844 4,374 208,844 4.374 233,668 233,668 213,218 213,218 Govemance Costs Independent Examiners Fee5 1,050 1,05D 2,100 2.100 Grants Oth&r Charitles Individuals 9.000 9,000 12,632 7,680 2,100 7,680 10,402 12.632 8,302 9.000 12,632 21,632 9,780 8,302 18,082 411,254 29,621 440,875 376,541 53,140 429,681 -21
ST PETER'S CHURCH HARROGATE PAROCHIAL CHURCH COUNCIL NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 Trustee8 During the year expenses amounting to £5,086 (2023 - £4,374) ware reimbursed to the Clergy. A small immaterial portion of Ihe expenses paid to the incumbent may have related to his service as chairman of the pcc. Expenses totalling £33,199 (2023.. £19.711). inclusive of the above dergy expenses, were reimbursed to 9 <2023.. 8) Trustees, in the year for church running costs. Employees The average monthly number of employees durlng the year was: 2024 Number 2023 Number Employment costs 2024 2023 Wages and salaries Other pansion costs 55,593 2,1Q6 54,311 2,026 57,699 56,337 One member of slaff are members of a defined benefit pension 8ch8me administered by the Church of England Penslons Board. There were no employee benefits to key management personnel in the previous or current year. There were no employees whose annual remuneration was more than £60,000. 10 Other expendlture Unrestrlcted Restricted funds funds 2024 2024 Total Unrastrictad Restrlcted funds funds 2023 2023 Total 2024 2023 Grants - Other charitles Grants - Individuals 9,000 9.000 12,632 7,680 2.100 7,680 10,402 12.632 8,302 9,000 12.632 21,632 9,780 8,302 18,082 11 Taxatlon The charity is exempt from laxation on its activities because all its income is applied for charitable purposes. -22-
ST PETER'S CHURCH HARROGATE PAROCHIAL CHURCH COUNCIL NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 12 Fixed asset investments Listed investments Cost or valuation At 1 January 2024 Additions Revaluation Disposals 130,287 29.531 6.843 (26.446) At 31 December 2024 140,215 Carying amount At 31 December 2024 140,215 At 31 Dember 2023 130.287 2024 2023 Investments at fair value comprise: CBF Titan Private Wealth (Previously Cardale Asset Management) 32,048 108,167 31,331 98.956 140,215 130,287 Fixed asset investments revalued The investments managed by Titan Private Wealth (Previously Cardale Asset Management) are invested in accordance with the Ethical Investment Policy of the Church of England. Investments are measured at market value. 13 Debtors 2024 2023 Amounts falling due within one year: Use of Church Gift aid recoverable Grant 4,160 902 12,000 7,673 2,920 12,000 17,062 22,593 14 Other creditors falling due within one year 2024 2023 Accruals and deferred income 20,939 23,516 -23-
ST PETER'S CHURCH HARROGATE PAROCHIAL CHURCH COUNCIL NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 15 Endowment funds Endowment funds represent assets which must be held permanently by the charlty. Income arising on the endowment funds can be used in accordance with the objects of the charity and is included as unrestricted income. Any capital gains or losses arising on the assets fomi part of the fund. At 1 January 2024 Incomlng resources Gains and losses At31 December 2024 Permanent endowments Church Repair Fund 43,021 1.499 717 45,237 Prevlous year: At 1 January 2023 Incomlng resources Galns and lossa8 At31 December 2023 Pennanent endowments Church Repalr Fund 39.125 1,202 2,694 43,021 The Income from the Church Repalr Fund may be utillsed to fund specific repalrs each year. 16 Restrlctsd funds The restricted fund5 of the charity comprise the unexpended balances of donallons and grants held on Iru3t sublect to speclfic condltions by donors as to how they may be used. At 1 January 2024 Incomlng Resources re8ource8 expended Transfers At31 December 2024 Breakfast Club Samaritans Fund Youth and Childrens Work J S Garrow Legacy Fund Other 12.938 13.792 240 8,148 3,933 8.679 12.000 1.497 {10,926) (13,599) (1,102) (633) (3,361) 10,691 12,193 635 7,515 8,049 7,477 39,051 29.653 {29,621) 39,083 -24-
ST PETER'S CHURCH HARROGATE PAROCHIAL CHURCH COUNCIL NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 16 Restricted funds (Continued) Previous year: At 1 January 2023 Incoming Resources resources expended Transfers At31 December 2023 Breakfast Club Samaritans Fund Alter, Carpet and Building Fund Youth and Childrens Work J S Garrow Legacy Fund Other AV Fund 18,002 8.094 11.670 214 8.148 5,751 8,245 14,000 3.039 {13,309) {8,302) {15,563) (686) 12.938 13.792 854 704 240 8,148 3,933 41 12,839 (1,859) {13,421) 582 51,879 38,172 <53,140) 2,140 39,051 17 Analysis of net assets between funds Unrestrlcted funds 2024 Restrlcted Endowment funds fund8 2024 2024 Total 2024 At 31 December 2024: Investments Current assetsl(liabilities) 108,167 51,492 32,Q48 13,189 140,215 103,764 39,083 159,659 39,083 45,237 243,979 Unrestricted funds 2023 Rostrictad Endowment funds funds 2023 2023 Total 2023 At 31 December 2023: Investments Current assetsl(liabilities) 98.956 112.938 31,331 11,690 130.287 163.679 39,051 211,894 39,051 43,021 293.966 -25-
ST PETER'S CHURCH HARROGATE PAROCHIAL CHURCH COUNCIL NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 18 Unrestrlcted funds The unrestricted funds of the charty comprise the unexpended balan8 of donatlons and grants which are not subject to specific conditions by donors and grantors as to how they may be used. These include designat8d funds whlch have been set aside out of unrestricted fund5 by the trustees for specific purposes. At 1 January 2024 Incoming Resources resources expended Transfers Gains and 10ss8S At31 December 2024 Designated funds General funds 115,000 96,894 115,000 44,659 352.818 (411,254) 6,201 211,894 352,818 (411,254) 6,201 159,659 Prevlou8 yaar: At 1 January 2023 Incomlng resource8 Resources expended Transfer8 Galns and losses At31 Decemb8r 2023 Designated fiJnds General funds 115,000 30.658 115,000 98,894 440,298 (376,541) (2,1401 4,619 145,658 440,298 (376,541) (2,1401 4,619 211,894 -26-
ST PETER'S CHURCH HARROGATE PAROCHIAL CHURCH COUNCIL NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 19 CHURCH WORKERS PENSION FUND (CWPF) St Peters Church (Harrogatel PCC (PB Classic) participates in the Pension Builder Scheme section of CWPF for lay staff. CWPF is administered by Ihe Church of England Pensions Board, which holds the CWPF assels separately from those of the Employer and other participating employers. CWPF has sections.. the Defined Benefrts Scheme the Pension Builder Scheme, which has bmo subsections. a deferred annuity section known as Pension Builder Classic, and, a cash balance seclion known as Pension Builder 2014. Pension Builder Scheme Both sections of the Pension Builder Scheme are classed as defined benefit scheTnes. Pension Builder Classic provtdes a pension, ac¢umulated from contributions paid and converted into a deferred annuity during employment based on terms set and reviewed by the Church of England Pensions Board from lime to time. Discretionary increases may also be added, depending on investment returns and other factors. Pension Builder 2014 is a cash balance scheme that provides a lump sum which members use lo provide benefits at retirement. Pension contributions are recorded in an account for each member. Discretionary bonuses may be added before retirement, depending on investment retums and other factors. Th8 account, plus any bonuses declared is payable. unreduced, from age 65. There is no sub-division of assets beeen employers in each section ofthe Pension Builder Scheme. The scheme is Gonsidered to be a multi-employer scheme as described in Sectlon 28 of FRS 102. This is because il is not possible to attribute the Pension Builder Scheme's assets and liabilities to specific employers and means that contributions are accounted for as rf the Scheme ware a defined contribution scheme. The pensions costs charged to the SOFA in the year are the contributions payable (2024.. £2,106, 2023.. £2,026). A valuation of the Pension Builder Scheme is carried out once every three years. The most recent valuation was carried out as at 31 December2022. For the Pension Builder Classic seclion. the 2022 valuation revealed a surplus of £34.8m on the ongoing assumptions used. Al the mosl recent annual review effective 1 January 2025, thé Board chose to grant a discretionary bonus of 6.7% to both pensions not yet in payment and pensions in payment in respect of service prior to April 1997., and a bonus on pensions in payment in respecl of post April 2006 Servi so that the pension increase was 2.7 /. (where usually it would be calculated based on inflation up to 2.5 %). This followed improvements in the funding position over 2024. There is no requirement for deficit payments at the current time. For the Pension Builder 2014 section, the 2022 valuation revealed a surplus of £8.5m on the ongoing assumptions used. There is no requirement for deficit payments at the current time. The next valuation is due as at 31 December2025. The legal structure of the scheme is such that if another employer fails, St Peterfs Church (Harrogate) PCC (PB Classis) could become responsible for paying a share of that employels pensicn liabilities. -27-
ST PETER'S CHURCH HARROGATE PAROCHIAL CHURCH COUNCIL NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2024 20 Operating lease commitments Lessee At the reporting end date the charity had outstanding commitments for future minimum lease payments under non-cancellable operating leases, which fall due as follows: 2024 2023 thin one year Between and five years 1,896 1,185 1,896 3.081 3,081 4,977 21 Related party transactlons Transactlons wlth related partles During the year the charity entered Into the following transactions with related partles: During the year the PCC received donations totalling £24,885 (2023: £18,492) from members ofthe PCC. Total grants of £3,600 (2023: £600) were paid to its members and £5,000 (2023: £3,840) to entities in which the PCC members are also members. -28-