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← The Parochial Church Council Of The Ecclesiastical Parish Of St. Mary's, Ambleside

2024-12-31-accounts

St. Mary’s Church, Ambleside

Parochial Church Council (PCC)

(St Mary’s Ambleside is part of the Diocese of Cumbria within the Church of England)

Annual Report 2024

Report of the Trustees and Unaudited Financial Statements for year ended December 2024

Charity No: 1134603

Church Office : Bankers: Independent Examiner St Mary’s Church Barclays Bank, Helen Holmes Vicarage Road 3 Crescent Road, Stables Thompson & Ambleside Windermere, Briscoe Ltd Cumbria LA23 1EB Lowther House LA22 9DH Lowther St The Co-operative Kendal Incumbent: Bank, LA9 4DX Rev Andy Smith PO Box 250 Skelmersdale, WN8 6WT

Independent Examiner

Stables Thompson & Briscoe Ltd

Chartered Accounts and Business Advisors

Lowther House

Lowther Street

Kendal

LA9 4DX

1

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

pages
Report of Trustees 3 - 12
Independent Examiner’s Report 13
Statement of Financial Activities 14
Balance Sheet 15
Notes to the Financial Statements 16 - 27
Detailed Statement of Financial Activities 28 - 29

2

REPORT OF TRUSTEES

The trustees present their report with the financial statements of the charity for the year ended 31 December 2024. The trustees have adopted the provisions of accounting and reporting by the Charities Statement of Recommended Practice (SORP) applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) (Effective 1 January 2019). They were also prepared in accordance with PCC Accountability.

1. AIMS and PURPOSES

To cooperate with the minister in promoting in the parish the whole mission of the Church: evangelistic, pastoral, social and ecumenical.

St Mary’s Church Ambleside also provides a daily benefit to a high number of visitors from all over the UK and the world.

2. OBJECTIVES and ACTIVITIES

The objectives of the PCC are detailed within the Memorandum & Articles of the PCC, but can be summarised as follows: -

The PCC is committed to encouraging as many people as possible to worship at our church and become part of our church community. The PCC maintains an overview of worship throughout the parish and makes suggestions on how our services can involve the many community groups that live within our parish. Our services and worship put faith into practice through prayer, scripture, music, and sacrament. St. Mary’s Ambleside PCC confirm compliance with the “duty” in section 4 of the 2006 Charities Act and give due regard to guidance published by the Charity Commission regarding Public Benefit. In summary, the PCC trustees ensure that the purposes for which it is set up are maintained:

Next to St Mary's church sits Ambleside Parish Centre (APC), a Community Centre, which receives financial contributions from St Mary's, the Methodist church and community grants. It is a vibrant welcoming community space where many members of the local community take part in groups and activities or volunteer their time for projects such as the Community Lunches, the Evergreen club for over 55s and Community Food Cupboard. Many of the congregation of St Mary's are actively living out their faith as trustees or members of the managing committee, supporting the groups and volunteering alongside their neighbours.

3

Of the 90(91) people on the Church Electoral Roll, 5(5) are serving as Trustees and 11(11) as active volunteers at the APC .

St. Mary’s Church has contact with the University of Cumbria (Ambleside campus) through the Rector’s work with the University Chaplain and the student Christian Union.

When planning our activities for the year we have considered the Charity Commission’s guidance on the public benefit and the supplementary guidance on charities for the advancement of religion. In particular, we try to encourage people to live out their faith as part of our parish community through:

The main objective for the last year was to continue to ensure that the objectives set out above can be met and supported and to raise the profile of the work of the PCC and encourage new people to take an interest in the Church and its activities.

To facilitate this work of the Church it is important that the PCC maintains the building’s fabric.

3. ACHIEVEMENTS and PERFORMANCE (figures in brackets refer to 2023)

Worship and Prayer.

This past year has seen significant developments in the worship life of St Mary’s as we respond to the evolving needs of our congregation and wider community. The introduction of a new service pattern in November was a key milestone, creating two distinct expressions of worship: a 9:15am contemplative service, incorporating familiar liturgy and hymns, and an 11:00am informal gathering, designed to engage a wider demographic. These changes have been well received, fostering a sense of unity across different worshipping traditions.

However, we also recognise that change is not easy and that for a small number of those who have been part of St Mary’s for many years, a new service time or format represents a sacrifice. We are deeply grateful for the grace and commitment of those who have adjusted to these changes, knowing that engaging with new people and different expressions of worship is vital for our future, even when it comes at a cost.

A particularly significant addition to our 11:00am gathering has been the introduction of a meal, reflecting our desire to build deeper community and shared life together. Moving forward, we hope to make this a more regular feature, as capacity allows, recognising that hospitality and fellowship are key to our worship and mission.

Alongside these changes, we remain committed to deepening our prayer life, with plans progressing to develop a dedicated prayer room in the vestry, though delays due to faculty approval have slowed progress.

4

Pastoral Care

Pastoral care at St Mary’s remains deeply embedded in the life of the church, with a strong culture of mutual support where people care for one another informally. While this reflects a genuine and compassionate community, we recognise that greater structure would help ensure that no one falls through the gaps as our congregation grows.

Prayer ministry is now available at both the 9:15am and 11:00am services, providing a space for personal reflection and intercession. Additionally, our long-standing monthly communion service at Millans Court continues to offer an important pastoral connection for residents. Looking forward, we'd love to develop a more intentional framework for pastoral care, ensuring that all in our church family feel supported and valued.

Diocesan Intern Programme

In September three interns joined us. Felicity, Charis and Anneli have been involved in a variety of roles to support the mission and evangelism of the church.

Felicity has focused mostly on leading prayer and services in the Methodist circuit but has also been a part of leading the Alpha course, Monday Meet Up and helping in the KS2 classroom on Thursday mornings. She also supports services at St Mary’s by working the AV on Sunday morning and leading intercession prayer

Anneli and Charis have also led sessions on the Alpha course and collective worship at Ambleside C of E primary school, followed by helping in the classroom. They too have been part of leading Monday Meet Up and mid -week worship on Thursdays at the Parish Centre.

All three interns have been invaluable help at the mid-week café held at the Parish Centre on Wednesdays and the community lunch once a month on a Thursday. Part of their time is taken with leading prayer at Rydal Hall.

Mission and Evangelism Review & Update

This year’s worship changes have created a stable foundation for future mission. A particular highlight was our outreach at the town’s Christmas light switch-on, where hundreds of families passed through the church for a helter-skelter party, filling the building with young families and children—a truly exciting and encouraging moment.

We have run a mid-week Alpha course, following Monday Meet Up. Mission remains at the heart of our vision. The next step is to seek renewed prayer and discernment for future outreach initiatives, ensuring that any new mission projects emerge from a place of prayerful dependence.

Mission Giving - £5,324 - helped to support our main Mission Initiatives outlined below. Donations via Planned Giving, gift aid, loose plate collection, Contactless Donations Unit (replaces the Church Pillar) and Letter Box continues.

Overseas Mission: Nepal International Support Fellowship; TEARFUND; Compassion UK.

5

Home Mission : Ambleside C of E Primary school; Cedar Counselling; CAP debt advice Kendal; St Mary’s Hospice; British Legion.

Community Mission and Evangelism Activities: Ambleside Parish Centre; End of year school Bibles; Network Youth Ministry; Lifewords (Christian literature in many languages available for visitors); Mission costs associated with 2 interns (£1,220 in 2024). Specific Church Collections for Charity: During the year, collections were taken for “Crisis at Christmas” and the Gaza appeal.

Third party collections for Charity Review & Update

During the year, St Mary’s Church Fellowship co-ordinated collections for the following donations made directly to 3rd party charities. (These donations do not form part of the end of year accounts); The Children’s Society (Christingle Service) - £567(£595) and Christian Aid week - £994(£995).

Parish Magazine

Our parish magazine is delivered to every household in the parish free of charge. The magazine keeps parishioners and the community informed of community events and church meetings. Some 1800 magazines are printed and distributed 10 times annually.

Ecumenical Relationships

2024 marked the conclusion of Churches Together in Ambleside District (CTAD), with its work now carried forward through deepened partnerships between local churches. A significant development has been the Methodist congregation’s integration into our 9:15am service, with their minister, joining us monthly to preach. This reflects our growing commitment to ecumenical collaboration, also evident in our continued support of the Mission Community.

Aspire, our termly contemporary worship service, continues to draw from across the Central Lakes Mission Community, creating a space for worshippers from different churches to come together in praise and prayer.

Churchyard

The grass around the graves was cut regularly by Steve Halton and volunteers have maintained the shrubbery and the beds near to the car park. The final work was carried out on clearing away trees which fell in 2022 in Storm Arwen and re-erecting broken gravestones where possible or otherwise laying them on the appropriate graves, as approved by the diocese.

The PCC pays for the churchyard to be kept in good order and received financial help for this from members of the local community and the Parish Council.

Church Building

The church is in good order and has been kept clean and tidy.

6

The normal checks were made on the condition of the roof, guttering, fire extinguishers, etc. No significant maintenance work or changes were made in 2024.

The bell ringing team removed old loose plaster from the ringing room. This plaster has been gradually deteriorating due to its age and damp conditions.

4. FINANCIAL REVIEW (See Financial Report for detail)

Summary information: (previous year in brackets)

7

5. RESERVES POLICY - reviewed by the PCC each financial year.

The PCC holds Funds as detailed below. These Funds are held in 3 accounts: CBF Church of England Fund and Current Accounts held with Barclays Bank and The Co-operative Bank.

Restricted Funds

Two people left significant legacies in 2012, one for the Church plus Churchyard and the other for the Church. The funds remaining for these legacies are £62,387 (£60,653).

In addition, Restricted Funds have been established for the following purposes: Organ Fund. (Planned Giving). Magazine Printing Fund. (Appeal)

A new restricted fund was established in 2023 to help with Magazine printing costs. The Magazine is now printed externally as printing the magazine internally was taking up too much volunteer time.

Designated Funds

The PCC hold Designated unrestricted funds (£60,000) to ensure that at least 9 months of typical church running costs can be met in the unlikely event of a shortfall in income or any unexpected expenses.

Unrestricted Funds (cash)

Balance held in General unrestricted funds at the end of 2024 is £18,462 (£23,883) - see note 10 of Accounts (Barclays and Co-op Bank accounts).

Legacy policy

This policy has now been implemented as part of the “Giving for Life” initiative and is now available on the church website

6. PLANS FOR FUTURE PERIODS

A key milestone for 2025 is the merger of the Parishes of Ambleside and Langdale, forming the enlarged Parish of Ambleside with Langdale from 1st January 2025. While this is largely a governance change, it reflects a broader spirit of collaboration and partnership in ministry.

At a strategic level, our focus is on investing in new staffing roles to support and expand our mission. The proposed Children and Families Worker, Operations Support Role, and Worship & Ministry Role will provide long-term leadership in key areas. The PCC aims to finalise job descriptions by March 2025, ensuring that we can recruit well and build for the future.

STRUCTURE, GOVERNANCE and MANAGEMENT PCC

8

The PCC complies with its governing document. The method of appointment of PCC members is set out in the Church Representation Rules (dated 2020). All Church attendees are encouraged to register on the Electoral Roll and stand for election to the PCC. The PCC is a corporate body established by the Church of England. The PCC operates under the Parochial Church Council Measure.

All new members are voted onto the PCC via the Annual Parish Church Meeting (APCM). The role of Church Warden or Secretary or Treasurer is also confirmed at the APCM along with confirmation of the Financial Examiner.

The full PCC met 6 (9) times) during the year to 31st December 2024, (not including the Annual Parochial Church Meeting) with an average attendance of 80% (75%). At each meeting, members are responsible for declaring any “conflict of interest” at the start of the meeting having had the forthcoming agenda before the meeting.

Issues discussed during the year covered:

Safeguarding; amalgamation of Ambleside with the parish of Holy Trinity, Langdale; Future ministry and growth at St Mary’s including changes to the pattern of worship; changes to the choir vestry; input to Parish Centre activities; St Annes’ burial ground; improvements to the web-site; Churches Together in Ambleside; safety of trees in the churchyard; provision of activities in church on the day that the Christmas Lighting-up takes place; and assisting the Lakes Parish Council with service vehicle access to White Platts recreation grounds.

Electoral Roll

There are 90(91) parishioners on the Church of England Electoral Roll for St Mary’s Ambleside. The Electoral Roll, which is renewed every six years, is due for renewal at the 2025 APCM.

Safeguarding Policy

Our Parish Safeguarding Officer is Judith Dixon, based at St. Mary’s Church Office, Ambleside.

Safer Recruitment :

Our parish supports the following groups working with children and young people and with adults who may be vulnerable:

The coordinators of these activities have been safely recruited according to the Church’s national guidance, and we have ensured they have received the level of training required by the Church. Members of the PCC and volunteers working with these groups are made aware of the Churches Safeguarding Policy and are encouraged to undertake a relevant level of Safeguarding Training.

Training :

9

We have signed up to the Safeguarding Dashboard – a Church of England resource which collates our position and gives us targets to improve. This provides a traffic light system showing where we are up to date and where we need to do more.

All PCC members are required to complete the following courses:

Church Policy and Guidance :

The PCC has adopted the House of Bishop’s ‘Promoting a Safer Church; safeguarding policy

statement’ , and the Church of England safeguarding policy and guidance. These documents have been signed by the Team Rector and Churchwarden and are displayed on our church noticeboard together with a Safeguarding List of Who’s Who.

Copies of all the Safeguarding and Risk Assessment Documents are kept in a folder in the Vestry and include a policy on what to do in a Medical Emergency at a Church Service.

Risk Management

The PCC records "Risks" as Agenda items of the PCC. They are then managed to closure, and all actions and decisions are recorded at subsequent PCC meetings. "Risks" are defined as significant problems that could hinder the Church’s work and categorised as follows:

Governance risks (skills, competence, and organisation of the PCC etc).

Operational risks (health & safety, employment, child protection etc).

Financial risks (reserves, cash flow, investments, income stability, fraud etc).

External risks (demographic and employment changes, public reputation etc).

Regulatory risks (fundraising, disability discrimination, HMRC requirements etc).

During 2024 three Risk items were further managed and the PCC progressed actions at each PCC

meeting. The three Risk items were:

Deanery Synod

Synod met twice in 2024: once in Windermere, the other time in Allithwaite.

There were regular items for information and discussion on:

10

Finance – providing oversight of Deanery accounts, Parish Levy and discussion concerning Ministry

offers;

Mission Communities [North, East and South] updating what is happening locally in each area;

Archdeaconry Pastoral Committee;

Network Youth Ministry submit a written report sometimes with a video presentation;

Safeguarding;

Data Protection & GDPR;

as well as invited speakers who gave a flavour of their expertise and resources.

A summary of each Deanery meeting and minutes is shared at PCC.

Deanery Synod meetings are open to non-members so that they can benefit from this resource when a subject relevant to their local interest/role is discussed.

St Mary’s church is entitled to send two representatives to Deanery Synod, as per the electoral roll formula. During 2024 Pauline Sunnucks was our only representative.

Payment of Staff Policy

The PCC currently has one paid part time post of Church Administrator. The role covers general church administration, and the line manager is the Incumbent. Annual increases are reviewed at the end of each tax year and any increases are based on the RPI index. The accountants manage Pay Slip and Government payments on behalf of the PCC.

11

8 ADMINISTRATIVE INFORMATION

Location and contact address Contact Details: St Mary’s Church, Vicarage Road, Rev Andy Smith Ambleside LA22 9DH 015394 34512 PT PCC members who have served from 1[st] January 2024 until the date this report was approved are: Ex-Officio members (7):

  1. Rev. Andy Smith

(Team Rector) appointed September 2023

  1. Rev. Nick Hallam (Team Vicar) 3. Rev Jane Nattrass Associate Vicar 4. David Stothard Church Warden

  2. Pauline Sunnucks Deanery Synod representative 6. Vacant Church Warden

  3. Vacant Deanery Synod representative

Ex – officio members who resigned at APCM on 5th May 2024 None

Elected members (9) of the PCC. APCM 5th May 2024:

  1. Marguerite Jenkinson

  2. Judith Shingler

  3. Helen Minton

  4. Dr Robert Ashworth

5 Dr Sue Ion

Elected members who resigned at APCM on 5th May 2024 Betty Potts

Co-opted members. One of the PCC.

Graham Sutton

Approved by the APCM on 18[th] May 2025 and signed on their behalf by Rev A Smith (Team Rector)

………………………………………………………

12

Independent Examiner's Report to the Trustees of The PCC of St Mary's Church, Ambleside

Independent examiner's report to the trustees of The PCC of St Mary's Church, Ambleside

I report to the charity trustees on my examination of the accounts of The PCC of St Mary's Church, Ambleside (the Trust) for the year ended 31 December 2024.

Responsibilities and basis of report

As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').

I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act.

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:

  1. accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or

  2. the accounts do not accord with those records; or

  3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.

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 in order to enable a proper understanding of the accounts to be reached.

H M Holmes BSc FCA

Stables, Thompson & Briscoe Ltd Chartered Accountants & Business Advisors Lowther House Lowther Street Kendal LA9 4DX

Date: 27 May 2025

Page 13

The PCC of St Mary's Church, Ambleside

Statement of Financial Activities for the Year Ended 31 December 2024

Unrestricted
Restricted
funds
funds
Notes
£
£
INCOME AND
ENDOWMENTS FROM
Donations and legacies
61,100
7,171
Charitable activities
Church activities
7,852
-
Other trading activities
2
9,226
1,974
Investment income
3
2,100
8,366
Total
80,278
17,511
EXPENDITURE ON
Charitable activities
Church activities
85,240
18,939
Other
-
-
Total
85,240
18,939
NET
INCOME/(EXPENDITURE)
(4,962)
(1,428)
RECONCILIATION OF
Total funds brought
forward
FUNDS
153,688
71,556
TOTAL FUNDS CARRIED
FORWARD
148,726
70,128		 Endowment
fund
£
-
-
-
-
-
-
-
-
-
-
-		 31.12.24
Total
funds
£
68,271
7,852
11,200
10,466
97,789
104,179
-
104,179
(6,390)
225,244
218,854		 31.12.23
Total
funds
£
70,724
12,445
9,559
7,586
100,314
130,320
75
130,395
(30,081)
255,325
225,244

The notes form part of these financial statements

Page 14

The PCC of St Mary's Church, Ambleside

Balance Sheet

31 December 2024

31.12.24 31.12.23
Unrestricted Restricted Endowmen Endowmen
t		 Total Total
funds funds fund funds funds
Notes £ £ £ £ £
FIXED ASSETS
Tangible assets 7 2,999 - - 2,999 3,750
Investments 8 41,477 - - 41,477 41,477
44,476 - - 44,476 45,227
CURRENT ASSETS
Debtors 9 1,569 - - 1,569 1,442
Cash at bank 10 104,181 70,128 - 174,309 181,184
105,750 70,128 - 175,878 182,626
CREDITORS
Amounts falling due within
one year 11 (1,500) - - (1,500) (2,609)
NET CURRENT ASSETS 104,250 70,128 - 174,378 180,017
TOTAL ASSETS LESS
CURRENT LIABILITIES 148,726 70,128 - 218,854 225,244
NET ASSETS 148,726 70,128 - 218,854 225,244
FUNDS 12
Unrestricted funds 148,726 153,688
Restricted funds 70,128 71,556
TOTAL FUNDS 218,854 225,244

The financial statements were approved by the Board of Trustees and authorised for issue On 18[th] May 2025 and were signed on its behalf by: Rev A Smith (Team Rector)

............................................. Trustee

The notes form part of these financial statements

Page 15

The PCC of St Mary's Church, Ambleside

Notes to the Financial Statements for the Year Ended 31 December 2024

1. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention, with the exception of investments which are included at market value.

The financial statements are presented in sterling which is the functional currency of the charity and rounded to the nearest £.

The accounts are prepared on a going concern basis.

The charity is an unincorporated entity governed by the Parochial Church Council Powers Measure (1956) as amended and Church Representation Rules.

The address of the registered office is given in the charity information page of these financial statements. The nature of the charity's operations and principal activities are to promote in the ecclesiastical parish the whole mission of the Church.

Financial reporting standard 102 - reduced disclosure exemptions

The charity has taken advantage of the following disclosure exemption in preparing these financial statements, as permitted by FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland':

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Donated facilities, goods and donated professional services are recognised in income at their fair value when their economic benefit is probable, it can be measured reliably and the charity has control over the item. Fair value is determined on the basis of the value of the gift to the charity. For example, the amount the charity would be willing to pay in the open market for such facilities and services. A corresponding amount is recognised in expenditure.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Page 1 6

continued...

The PCC of St Mary's Church, Ambleside

for the Year Ended 31 December 2024

Notes to the Financial Statements - continued

1. ACCOUNTING POLICIES - continued

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings - 20% on reducing balance

Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

Taxation

The charity is exempt from tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

2. OTHER TRADING ACTIVITIES

31.12.24 31.12.23
£ £
Car park rentals 4,784 4,256
Magazine advertising 4,947 4,386
Rushbearing income 1,469 917
11,200 9,559

3. INVESTMENT INCOME

INVESTMENT INCOME
31.12.24 31.12.23
£ £
Dividends 2,100 2,100
Deposit account interest 8,366 5,486
10,466 7,586

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continued...

The PCC of St Mary's Church, Ambleside

Notes to the Financial Statements - continued for the Year Ended 31 December 2024

4. TRUSTEES' REMUNERATION AND BENEFITS

Mrs P Sunnucks was paid in total £235 (2023 - Mrs P Sunnucks and Mrs M Thomlinson £845) for services as verger in the year.

Judith Dixon was paid £6,510 (2023 - £6,161) for her services as administrator in the year.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 December 2024 nor for the year ended 31 December 2023.

5. STAFF COSTS

STAFF COSTS
31.12.24 31.12.23
£ £
Wages and salaries 6,510 6,061
6,510 6,061
The average monthly number of employees during the year was as follows:
31.12.24 31.12.23
Administrator 1 1

No employees received emoluments in excess of £60,000.

6. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

INCOME AND ENDOWMENTS FROM
Donations and legacies
Charitable activities
Church activities
Other trading activities
Investment income
Total
EXPENDITURE ON
Charitable activities
Church activities
Other
Total		 Unrestricted
funds
£
60,061
12,445
8,642
2,100
83,248
79,654
75
79,729		 Restricted
funds
£
10,663
-
917
5,486
17,066
50,666
-
50,666		 Endowment
fund
£
-
-
-
-
-
-
-
-		 Total
funds
£
70,724
12,445
9,559
7,586
100,314
130,320
75
130,395

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continued...

The PCC of St Mary's Church, Ambleside

Notes to the Financial Statements - continued for the Year Ended 31 December 2024

6. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued
Unrestricted Restricted Endowment Total
funds funds fund funds
£ £ £ £
NET INCOME/(EXPENDITURE) 3,519 (33,600) - (30,081)
RECONCILIATION OF FUNDS
Total funds brought forward 150,169 105,156 - 255,325
TOTAL FUNDS CARRIED
FORWARD 153,688 71,556 - 225,244
7. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£
COST
At 1 January 2024 and
31 December 2024 31,549
DEPRECIATION
At 1 January 2024 27,799
Charge for year 751
At 31 December 2024 28,550
NET BOOK VALUE
At 31 December 2024 2,999
At 31 December 2023 3,750
8. FIXED ASSET INVESTMENTS
Unlisted
investments
£
MARKET VALUE
At 1 January 2024 and
31 December 2024 41,477
NET BOOK VALUE
At 31 December 2024 41,477
At 31 December 2023 41,477
There were no investment assets outside the UK.

The shares held are unlisted so there is no open market value.

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The PCC of St Mary's Church, Ambleside

Notes to the Financial Statements - continued for the Year Ended 31 December 2024

9. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24 31.12.23
£ £
Prepayments and accrued income 1,569 1,442
10. CASH AT BANK
General Operational Volunteer
fund reserve fund
£ £ £
Barclays current account 6,581 - -
Co op account 11,881 - -
CBF deposit account 21,640 60,000 732
Total 40,102 60,000 732
Alene Adrienne
Rushbearing Hackett Nicholson
Prayer room activities legacy legacy
£ £ £ £
Barclays Rushbearing Activity - 3,550 - -
CBF deposit account 3,347 - 29,134 33,253
Total 3,347 3,550 29,134 33,253
31.12.24 31.12.23
Magazine
Total		 Total
Organ Fund donations funds funds
£ £ £ £
Barclays current account - - 6,581 23,883
Barclays Rushbearing Activity - - 3,550 3,371
Co op account - - 11,881 -
CBF deposit account 3,486 705 152,297 153,930
Total 3,486 705 174,309 181,184

The Church received an amount of £182 (2023 - £133) on behalf of community collections which was paid out in the year to the charities concerned. As per PCC guidance this income and expenditure has not been reflected in the Statement of Financial Activities as this is not church income.

Page 20

continued...

The PCC of St Mary's Church, Ambleside

Notes to the Financial Statements - continued for the Year Ended 31 December 2024

11.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE
Other creditors
12.
MOVEMENT IN FUNDS
Unrestricted funds
General fund
Operational reserve
Volunteer fund
Prayer room
Restricted funds
Rushbearing activities
Alene Hackett legacy
Adrienne Nicholson legacy
Organ Fund
Storm damage appeal
Magazine donations
TOTAL FUNDS		 YEAR
At 1.1.24
£
92,957
60,000
731
-
153,688
3,370
29,058
29,070
3,534
5,879
645
71,556
225,244		 31.12.24
£
1,500
Net
movement
in funds
£
(8,310)
-
1
3,347
(4,962)
180
76
4,183
(48)
(5,879)
60
(1,428)
(6,390)		 31.12.23
£
2,609
At
31.12.24
£
84,647
60,000
732
3,347
148,726
3,550
29,134
33,253
3,486
-
705
70,128
218,854

Page 21

continued...

The PCC of St Mary's Church, Ambleside

Notes to the Financial Statements - continued for the Year Ended 31 December 2024

12. MOVEMENT IN FUNDS - continued

Net movement in funds, included in the above are as follows:

Unrestricted funds
General fund
Churchyard designated
Volunteer fund
Prayer room
Restricted funds
Rushbearing activities
Alene Hackett legacy
Adrienne Nicholson legacy
Organ Fund
Churchyard maintenance
Storm damage appeal
Magazine donations
Gaza Appeal
Gift Day
Restricted Prayer room funds
TOTAL FUNDS		 Incoming
resources
£
74,200
548
530
5,000
80,278
1,470
4,184
4,183
810
540
-
505
1,760
3,934
125
17,511
97,789		 Resources
expended
£
(82,510)
(548)
(529)
(1,653)
(85,240)
(1,290)
(4,108)
-
(858)
(540)
(5,879)
(445)
(1,760)
(3,934)
(125)
(18,939)
(104,179)		 Movement
in funds
£
(8,310)
-
1
3,347
(4,962)
180
76
4,183
(48)
-
(5,879)
60
-
-
-
(1,428)
(6,390)

Page 22

continued...

The PCC of St Mary's Church, Ambleside

Notes to the Financial Statements - continued for the Year Ended 31 December 2024

12. MOVEMENT IN FUNDS - continued

Comparatives for movement in funds

Unrestricted funds
General fund
Operational reserve
Designated legacy
Designated legacy - Lighting
system
Volunteer fund
Restricted funds
Rushbearing activities
Alene Hackett legacy
Adrienne Nicholson legacy
Organ Fund
Mural Appeal
Rev D Harrison legacy to beautify
the church
Lighting grant
Storm damage appeal
Magazine donations
TOTAL FUNDS		 At 1.1.23
£
87,643
60,000
1,626
900
-
150,169
3,940
41,763
39,937
2,867
4,475
4,795
1,500
5,879
-
105,156
255,325		 Net
movement
in funds
£
5,314
-
(1,626)
(900)
731
3,519
(570)
(12,705)
(10,867)
667
(4,475)
(4,795)
(1,500)
-
645
(33,600)
(30,081)		 At
31.12.23
£
92,957
60,000
-
-
731
153,688
3,370
29,058
29,070
3,534
-
-
-
5,879
645
71,556
225,244

Page 23

continued...

The PCC of St Mary's Church, Ambleside

Notes to the Financial Statements - continued for the Year Ended 31 December 2024

12. MOVEMENT IN FUNDS - continued

Comparative net movement in funds, included in the above are as follows:

Unrestricted funds
General fund
Designated legacy
Churchyard designated
Designated legacy - Lighting
system
Volunteer fund
Contributions to Clergy Interviews
Restricted funds
Rushbearing activities
Alene Hackett legacy
Adrienne Nicholson legacy
Organ Fund
Mural Appeal
Churchyard maintenance
Rev D Harrison legacy to beautify
the church
Lighting grant
Grants for major repairs
Energy and Warm Space Grant
Magazine donations
TOTAL FUNDS		 Incoming
resources
£
79,949
-
300
-
731
2,268
83,248
916
2,743
2,743
667
-
682
-
3,000
50
4,216
2,049
17,066
100,314		 Resources
expended
£
(74,635)
(1,626)
(300)
(900)
-
(2,268)
(79,729)
(1,486)
(15,448)
(13,610)
-
(4,475)
(682)
(4,795)
(4,500)
(50)
(4,216)
(1,404)
(50,666)
(130,395)		 Movement
in funds
£
5,314
(1,626)
-
(900)
731
-
3,519
(570)
(12,705)
(10,867)
667
(4,475)
-
(4,795)
(1,500)
-
-
645
(33,600)
(30,081)

Page 24

continued...

The PCC of St Mary's Church, Ambleside

Notes to the Financial Statements - continued for the Year Ended 31 December 2024

12. MOVEMENT IN FUNDS - continued

A current year 12 months and prior year 12 months combined position is as follows:

Unrestricted funds
General fund
Operational reserve
Designated legacy
Designated legacy - Lighting
system
Volunteer fund
Prayer room
Restricted funds
Rushbearing activities
Alene Hackett legacy
Adrienne Nicholson legacy
Organ Fund
Mural Appeal
Rev D Harrison legacy to beautify
the church
Lighting grant
Storm damage appeal
Magazine donations
TOTAL FUNDS		 At 1.1.23
£
87,643
60,000
1,626
900
-
-
150,169
3,940
41,763
39,937
2,867
4,475
4,795
1,500
5,879
-
105,156
255,325		 Net
movement
in funds
£
(2,996)
-
(1,626)
(900)
732
3,347
(1,443)
(390)
(12,629)
(6,684)
619
(4,475)
(4,795)
(1,500)
(5,879)
705
(35,028)
(36,471)		 At
31.12.24
£
84,647
60,000
-
-
732
3,347
148,726
3,550
29,134
33,253
3,486
-
-
-
-
705
70,128
218,854

Page 25

continued...

The PCC of St Mary's Church, Ambleside

Notes to the Financial Statements - continued for the Year Ended 31 December 2024

12. MOVEMENT IN FUNDS - continued

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:

Unrestricted funds
General fund
Designated legacy
Churchyard designated
Designated legacy - Lighting
system
Volunteer fund
Contributions to Clergy Interviews
Prayer room
Restricted funds
Rushbearing activities
Alene Hackett legacy
Adrienne Nicholson legacy
Organ Fund
Mural Appeal
Churchyard maintenance
Rev D Harrison legacy to beautify
the church
Lighting grant
Grants for major repairs
Storm damage appeal
Energy and Warm Space Grant
Magazine donations
Gaza Appeal
Gift Day
Restricted Prayer room funds
TOTAL FUNDS		 Incoming
resources
£
154,149
-
848
-
1,261
2,268
5,000
163,526
2,386
6,927
6,926
1,477
-
1,222
-
3,000
50
-
4,216
2,554
1,760
3,934
125
34,577
198,103		 Resources
expended
£
(157,145)
(1,626)
(848)
(900)
(529)
(2,268)
(1,653)
(164,969)
(2,776)
(19,556)
(13,610)
(858)
(4,475)
(1,222)
(4,795)
(4,500)
(50)
(5,879)
(4,216)
(1,849)
(1,760)
(3,934)
(125)
(69,605)
(234,574)		 Movement
in funds
£
(2,996)
(1,626)
-
(900)
732
-
3,347
(1,443)
(390)
(12,629)
(6,684)
619
(4,475)
-
(4,795)
(1,500)
-
(5,879)
-
705
-
-
-
(35,028)
(36,471)

The Alene Hackett legacy is for the maintenance, repair or improvement of the church and churchyard.

The Adrienne Nicholson legacy is for the maintenance of the fabric of the church.

Page 26

continued...

The PCC of St Mary's Church, Ambleside

Notes to the Financial Statements - continued for the Year Ended 31 December 2024

13. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31 December 2024.

Page 2 7

The PCC of St Mary's Church, Ambleside

Detailed Statement of Financial Activities for the Year Ended 31 December 2024

Unrestricted
funds
£
Restricted
funds
£
Endowment
funds
£
31.12.24
Total
funds
£
INCOME AND ENDOWMENTS
Donations and legacies
Planned giving - Gift Aid
32,138
592
-
32,730
Other planned giving
5,302
-
-
5,302
Collections
2,358
5,694
-
8,052
Legacies
5,000
-
-
5,000
Grants
-
665
-
665
Sundry donations
5,738
-
-
5,738
Gift aid
10,564
220
-
10,784
61,100
7,171
-
68,271
Other trading activities
Car park rentals
4,784
-
-
4,784
Magazine advertising
4,442
505
-
4,947
Rushbearing income
-
1,469
-
1,469
9,226
1,974
-
11,200
Investment income
Dividends
2,100
-
-
2,100
Deposit account interest
-
8,366
-
8,366
2,100
8,366
-
10,466
Charitable activities
Fees (weddings and
funerals)
4,518
-
-
4,518
Church hire
2,906
-
-
2,906
Miscellaneous income
428
-
-
428
7,852
-
-
7,852
Total incoming
resources
80,278
17,511
-
97,789
EXPENDITURE
Charitable activities
Insurance
6,819
-
-
6,819
Carried forward
6,819
-
-
6,819		 31.12.23
Total
funds
£
34,644
3,130
2,976
-
7,806
11,373
10,795
70,724
4,256
4,386
917
9,559
2,100
5,486
7,586
8,533
2,875
1,037
12,445
100,314
6,277
6,277

This page does not form part of the statutory financial statements

Page 2 8

The PCC of St Mary's Church, Ambleside

Detailed Statement of Financial Activities for the Year Ended 31 December 2024

Unrestricted
funds
£
Restricted
funds
£
Endowment
funds
£
Charitable activities
Brought forward
6,819
-
-
Light and heat
8,453
-
-
Mission giving - overseas
1,674
1,760
-
Mission giving - home
3,650
-
-
Ministry - Parish offering
37,000
-
-
Ministry - clergy expenses
3,485
-
-
Other ministry costs
1,220
3,934
-
Upkeep of services
1,362
-
-
Parish magazine
4,442
445
-
Furnishings and
equipment
210
-
-
Upkeep of churchyard
548
10,527
-
Cleaning
45
-
-
Church maintenance
5,221
983
-
Rushbearing expenses
-
1,290
-
Fixtures and fittings
751
-
-
74,880
18,939
-
Support costs
Management
Administrator
6,510
-
-
Postage and stationery
1,585
-
-
Sundries
101
-
-
Independent Examiner
fee
1,821
-
-
10,017
-
-
Finance
Bank charges
343
-
-
Total resources expended
85,240
18,939
-
Net expenditure
(4,962)
(1,428)
-		 31.12.24
Total
funds
£
6,819
8,453
3,434
3,650
37,000
3,485
5,154
1,362
4,887
210
11,075
45
6,204
1,290
751
93,819
6,510
1,585
101
1,821
10,017
343
104,179
(6,390)		 31.12.23
Total
funds
£
6,277
10,880
1,873
3,069
35,000
6,072
-
560
5,570
82
6,850
508
41,403
1,486
938
120,568
6,061
1,650
48
1,751
9,510
317
130,395
(30,081)

This page does not form part of the statutory financial statements

Page 2 9