THE LYE & STAMBERMILL P.C.C.
CHRIST CHURCH LYE
CHARITY NO. 1134648
ANNUAL REPORT OF THE PAROCHIAL CHURCH COUNCIL
FOR THE YEAR ENDED 31ST DECEMBER 2024
Administrative Information
Christ Church is srtuated on Lye High Street. It is part of the Greater Deanery of Dudley within the
Diocese of Wor￿ster, within the Church of England.
The Parochial Church Council of the Ecclesiastical Parish of Christ Church is a charity registered
with the Charity Commission under Charity No.1134648.
PCC members who have served from 1 January 2024 until the date this report was approved are:
Vicar
The Revd Simon Falshaw (Chairman Until 28 February 2024)
Associate Priest."
The Revd Dr Chris Kent
Licensed Lay Minister..
Mr Graham Dyer
Church Wardens..
Mr Stefan Inglin
(Secretsry)
(Chaiman from 28 February 2024 until 15
April 2024)
(Chairman from 20 May 2024)
Mr Mark Kent
Re
resent8tives on the Deane
Mrs Sue Falshaw
Mrs Julie Ackroyd
(until 28 February 2024)
(from AGM 30 April 2024)
Elected Members
Mr Richard Young
Mrs Julie Ackroyd
Mr Doug McLean
Mrs Sally Kent
Mr P.Wall
Mr C.Smrth
Ms K.Cooper
Authorised Lay minister
(rreasurer)
(From AGM 30 April 2024)
(From AGM 30 April 2024)
(From AGM 30April 2024)
Structure
overnance and mana
ement
The method of appointment of PCC members is set out in the Church Representstion Rules.
All church attendees are encouraged to register on the Electoral Role and stand for election to the
pcc.
PCC members are elected for three years, with one third of the places re-elected at each Annual
Parochial Meeting.
Ob'ectives and activities
The Lye & Stambermill PCC has the responsibilty of co-operating with the Vicar in promoting, in the
ecclesiastical parish. the whole mission of the Church, pastoral, evangelistic, social and ecumenical.
It also has maintenance responsibilities for the Church Centre Complex of Christ Church, Lye.
In reviewing their activities, the trustees have referred to the Charity Commission guidance on public
benefrt.
Page I

Achievements and Performance
Church Attendance
Following the revision of our Church Electoral Roll in 2024 there were 50 names on the Roll. Our total
combined church membership, including children and occasional visitors is approximately 50, with
regular attendance fluctuating between 30 and 40
Review of the
ear
The PCC followed its usual pattem of meeting ten times during the year, usually on the third Monday
of each month. There were no meetings in August or December.
Each PCC meeting starts with prayer.
Regular items on the agenda have included a financial report and review of our set budgets and
planned missionary giving, a regular review of the condition of the church fabric, and a review of our
Safeguarding procedures.
Other specific items addressed this year have been:
Vacancy arrangements
Employment of a Church Administrator
Fire drills
Safeguarding procedures
Health and Safety review
Social Discretionary Fund top up
Redeeming our Communities (ROC)
Bank Mandates
General maintenan￿ including New LED strip lights, EICR and PAT testing.
Quinquennial Inspection
Church Policies reviews
Lye Library use of hall during library refurbishment
Lion Club
First Aid Training
Church email update
Safe
uardin
"The PCC is aware of its duty to have due regard to House of Bishops, guidance on safeguarding
children and vulnerable adults, and has complied with the duty under section 5 of the Safeguarding
and Clergy Discipline measure 2016. In 2025 the PCC will continue to use the "Safeguarding Toolkit"
provided in the di0￿Se as a way of seff-assessment to seek to ensure it continues to fulfil that duty..
Page 2

Financial review
The annual Financial Statement for the year ended 31st December 2024 has been prepared in
accordance with the current requirements of the Church Accounting Regulations 2006 using the
Receipts and Payments basis, and has been approved by the P.C.C. and by our Independent
Examiner Teresa Fennell ACMA CGMA.
We have donated a total of £8,758 towards Home and Overseas Missionary Societies, Relief
Organisations, and other Charity Organisations this year comprising the following donations:
Overseas Mission.
Support for OM Missionaries in Moldova
£1,608
SIM UK (Supporting Megumi & Helen Fazackerly)
£1,000
Open Doors UK (Supporting persecuted Christians) £1,000
Home mission".
Wycirffe UK (Paul Newton support)
Youth for Christ
£1.000
£1,000
Relief A
encies:
Christian Aid
Tear Fund
Church Urban Fund
£1,800
£500
£200
Other Charities
Stourbridge Life Centre Debt Advi
£650
Total
Our Total Income for 2024. was:
£85.410
Our Total Expenditure for 2024 was".
£103,204
Page 3

WHAT HAS BEEN ACHIEVED IN THIS FINANCIAL YEAR?
We have paid our Ministry Share of £40.382 in full.
We have maintained, and improved, the existing fabric of the church, and we have met all of
the expenses incurred in the day-to-day running of Christ Church ServI￿S and ministries.
We have ended 2024 with an unrestricted reserves balance of £22,521
Many thanks to all who have contributed in any way to achieve these results.
CHRIST CHURCH THE LYE & STAMBERMILL
RESERVES POLICY
The original building dates back to 1813, and due to its age and the nature of the structure we are
regularly fa￿d with unexpected and expensive repair and maintenance bills.
To minimise the risk of being unable to meet all of its financial obligations as they fall due, including
full payment of Ministry Share, and meeting its employment costs, the PCC is aiming to hokl sufficient
liquid general fund resources to meet 3 months running costs.
Approved by the PCC and signed on their behalf by Mr Mafk Kent, Churchwarden (PCC Chairman)
.M.Kent
Page 4

The Lye & Stambemiill P.C.C.
Christ Church Lye
Financial Statements
Year ended 31 December 2024
UnrnstrlctedD•signated RestrictedEndowmen¢
Fund•
Funds Fun
Funds
Total
2024
Total
2023
RECEIPTS AND PAYMENTS ACCOUNT
Recelpts
Book sales
Receipts fr¢yn ge￿rated funds
R•gular Glvlng
Receipts from Donors
Tax effithnl planned gmng
Other planned giving
Loose plate colkntions
Income lax recovered
HMRC Intère*
25
36.695
4,991
616
14.187
1,280
37,975
4,991
629
14,730
41.925
6,231
13
543
16,772
56,497
56333
65,345
Oth¢r voluntary f•￿iptS Inote 2.1>
Inveslmenl incorno
Receipts from church aclbvrt
Grant for heating costs
20.763
235
4,579
22,263
235
4,579
25,137
231
6.022
Total Receipts
82,074
3,336
85,410
96.735
Payments
Church activities
Dicusan parish sha
Other payments Inote 2.2)
Govemance costs
Indewl￿nI examinatK•n fee
40.382
52.364
40,382
62,397
48,000
41.328
9,333
425
425
Totsl paymenls
93,171
71YJ
9,333
103,204
89,728
Excess of recelpts over payments
Transfers bets¥een funds
(11.0971
(5,8651
00)
700
(5.99T)
5.165
(17,794)
7,IX17
(16.Wl
1832)
(17,794)
7,007
Bank 8ccount at 1 January 2024
39.483
2,787
42.270
35,263
Bank account al 31 D•¢•nber 2024
22,521
1,955
24,476
42,270
Page 5

The Lye & Stsmbermill P.C.C.
Christ Church Lye
Financial Statements
Year ended 31 December 2024
UnrestrictsdDè#ignat8d A•striGtedEndowment
Fund¥
Funds
Funds
Fund8
Total
2024
Totsl
2023
STATEMENT OF ASSETS AND LIABILITIES
Cash Funds
Bank curTenl account and c4$h
22,521
1,955
24,476
42,270
Other Monetary A8sets
Income lax recovfjrabL*
777
16
793
895
arzziz
Llabilities
Independent Examinerd Feo
450
450
425
08F
Gas
2.957
450
450
3,382
Investment Assets
Shares at market value
8,648
8,648
8,454
The Belmont Mission Fund is an endowment fund that has to be retained as 8 capital fund, but the income is for
ordinary church purposes. It is invested in the CBF Church of England Investrnent Fund shares.
The attached notes form part of these financial ststements
Approved by tho PCC on March 2025 and slgned on tholr behalf by Mr Mark Kont IPCC Chalmian) and Mr
Douglas McLean (PCC Trea8urer)
Mr Mark Kent
Mr Dougla
cLgan
Page 6

The Lye & Stambermill P.C.C.
Christ Church Lye
Financial Ststements
Year ended 31 December 2024
NOTES
1. The financial statements of the PCC have been prepared in accordance with Church Accounting Regulations 2006
using the Receipts and Payments basis.
2. Recolpts and Paym•nts Analysls
T¢>tsl
2023
Funds
Fund•
Funds Fund¥
2024
2.1 Cxher voluntsry fO￿￿ts
One off grft donatw)n
Othef donatior
Donations- General expense
Don•lion•- Charrty
18.020
2.627
18,020
4,127
20,955
4,176
20.763
22.263
25,137
2.2 Otmr paym•nts
Overseas mI￿￿n
Giving- relK?f and d•¥eWt
Home mmion
Othe( charitie1
Vicar5 èynses
Secretarial emplo￿17*nI
Socretarial expenses
Vicarfs tel8phon
In$ur4ne•
Stat￿nery
Telephono
Postage
Minor maintenanc*
Routinè maintenance
Cleaning
Upkeep of 8•rvic
Admintslr4l￿n
Bank charg0S
Other fees aNJ ¥uiwiptitins
Pnnling and lrter¥ture
Records maintenanco
Honoral
4,412
2,$00
650
650
412
1.430
8.178
31
24
3.761
891
387
59
9.858
8.178
31
24
3.761
891
387
59
9,878
302
3.337
240
478
6,215
1,235
4,445
253
4,811
4.811
133
2.692
1.108
87
133
2,692
1,108
87
124
1.362
13
2.529
3.146
82
Gas
Water
Domest￿ Suthles
Chiklren's wo
Miscellanwus
Outreach
12,521
12,521
237
49
1.5n
237
49
1.572
178
1,205
3,563
52,364
62,397
41,328
Page 7

The Lye & Stsmbennill P.C.C.
Christ Church Lye
Financial Ststements
Year ended 31 December 2024
Related Party Trnnsactlons and Tnmtees Expen8e8 and Remuneratlon
3.1 The expenses paid to clergy may include a small immaterial proportion. whTrch relates to their function as PCC
members. Reimbursements of expenses amounts'ng to £3.653 were made to other PCC members.
3.2 Trustee indemnity insurance cover is included within the church insurance policy.
Llon Club Funds
4.1 The church's outreach to local children includes weekty meetings of Lion Club. Lion Club is responsible for
accounting for rts own income and expendrture. During the year the charity received £29 of cash funds belonging
to Lion Club which it held on their behalf as Agent
4.2 During the year, payments of £901 were made at the request of Lion Club trustees.
4.3 At 31 December 2024 there was a balance of £1.301 due to the LK)n Club. A balance of £2,202 was held in the
charity bank account, on behalf of Lion Club, at 31 December 2024. £901 was transferred to the charity after the
year end as reimbursement of the payments made in the year. Records are maintained to ensure that the funds
held on behalf of Lion Club can be Nlentified as part of the bank account balance.
Page 8

The Lye & Stsmbennill P.C.C.
Christ Church Lye
Financial Statements
Year ended 31 December 2024
The movements in funds during the year were:
Ga5ns I
Receipts Payments Transfer (loss•s)
Bal
Clfwd
Unrestricted funds
General fund
39.483
82.074
(93.171)
15,865)
22,521
39.483
82.074
193.171)
{5,865>
22,521
Designated Funds
Relief Agencies
))
700
I7￿)
700
Restricted Funds
W•m Plxe Gr•nt
Mis¥ion Fund
Mokttova Fund
Soci41
8ell8 Fund
Falshaw Roliromont Fund
Gaza Rebi•f Fund
{1,1201
14,C¥XI)
11.608)
<1,205)
1201
(1.lY)01
11.500)
622
1,045
897
1.011
1,312
2.787
19.333)
5,165
1.955
Endowment Funds
8eknonl Misston Fund
8.454
194
8,454
194
8,648
This adjustrnent reflects the increase in value in the year.
Page 9

Independent Examiners Report to the Trustees of the Lye & Starnbemjill PCC.
Christ Church Lye
I report to the trustees on my examination of the accounts of Christ Church Lye {the Chanty) for the year ended 31
December 2024
Responsibilitl•s and basis of report
As the charity trustses of the Trust you are responsible for the preparation of the accounts in accordance with the
requirements of the Charities Act 2011 (' the acf).
I report in respect of my examination of the Trust's accounts carried out under section 145 of the 2011 Act and in carrying
out my examination I have followed all of the applicable Directions given by the Charity Commission under section
145(5)(b) of the Act
Independent examlnorfs statement
I have Completed my examination. I confirm that no material matters have come to my attention in o)nnection with the
examination giving me cause to believe that in any Material respect".
The accounting records were not kept in accordance WFth section 130 of the Charities Act., or
The accounts did not accord with the accounts'ng records
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.
Teresa Fennell, ACMA CGMA
It Doesn't Have to Cost the Earth Ltd
47 St. Dunstan's Close. Worcester WR5 2AJ
Date:
Page JO