ST MARY'S Parish of St Mary with St Peter, Bury St Edmunds TEDMUNDS Church of England Diocese of St Edmundsbury and Ipswich (Thingoe Deanery) Parish of St Mary with St Peter, Bury St Edmunds Annual Report and Financial Statements of the Parochial Church Council for the year ended 31 December 2024 The Parochial Church Council of the Ecclesiastical Parish of St Mary with St Peter, Bury St Edmunds is a registered charity, number 1134666.
OMutsIRewrtfvthÈed1g3I December2024 I. REFERENCE AND ADMINISTRATIVE DAlls INDEPENDENT EXAMINER 2. STRUCTURE, GOVERNANCE AND MANAGEMENT PCC MEMBERSHIP COMMITTEES 3. CHARITABLE AIMS AND PURPOSES PARISH STATISTICS 4. CHARITABLE oBJEIVEs 5. ACHIEVEMENTS AND PERFORMANCE WORSHIP MINISTRIES ELECTORAL ROLL AND MEMBERSHIP RAISING VOLUNTARY INCOME THROUGH GIVING li li PARISH SHARE li OTHER ACTIVITIES li OPERATING 8UILDINGS 12 6. STAFFING AND EMPLOYMENT 13 7. FINANCIAL REVIEW 14 8. PLANS FOR THE FUTURE 16
OMutsIRewrtfvthÈed1g3I December2024 I. REFERENCE AND ADMINISTRATIVE DETAILS St Mary with St Peter Parochial Church Council, Parish Office, St Mary's Church, Honey Hill, Bury St Edmunds, Suffolk IP33 IRT. Email address for further information: jackie.crofts@stmaryschurchbse.org Websites: stmar schurchbse.or st etersbse.uk Parish legal name: Bury St Edmund5, St Mary. Benefice name- Bury St Edmunds- St Mary with St Peter's District Church The PCC banks Wlth Royal Bank of Scotland, Orvmmond House. Edinburgh EH12 9JN and with HSBC, 54 Abbeygate Street. Bury St Edmunds IP33 IU. INDEPENDENT EXAMINER Robin Jackson FCA, Chartered Accountant. Churchgate Accountants Ltd, 18 Langton Place, Bury St Edmund5 IP33 INE. 2. STRUCTURE, GOVERNANCE AND MANAGEMENT The PCC has, as a governing document, two pieces of Church of England legislation, called Measures. These are the Parochial Church Councils IPowersl Measure 19S6 as amended and the Church Representation Rules 2020 as amended. The PCC is constituted as an unincorporated association. It is registered as a charity with the Charity Commission.
OMutsIRewrtfvthÈed1g3I December2024 PCC MEMBERSHIP Lay representatives of the Diocesan and Deanery Synods, Licensed Lay Ministers and Churchwardens are ex-officio members of the PCC. Lay members were elected at the Annual Parochial Church Meeting IAPCMI, held in April 2024. Vicar The Revd Canon Tiffer Robinson Associate Vicar 1st Peter'sl The Revd Andy Williams Assistant Curate The Revd Dr. Sarah Gull Parish Churchwardens Brian Jones (St Mary's). Philip Lloyd-jones (St Peter's I District Churchwardens Rosie Perham (St Mary's), Gary McDowell (St Peter'sl Deanery Synod Lay Representatives Joanna French 1st Mary's). Philip Lloyd-jones (St Peter'sl PCC Treasurer Colin Firth PCC Secretary Jackie Crofts Elected members (St Mary's) Nigel Beeton, Virginia Dean, Robin Goodchild, Stephen Mills, Joanne Peachey Elected members 1st Peter'sl Jackie Crofts, Phil Hymers, Stuart Lowe, lan Nurcombe, Jane Turner Co-opted members Rob Bream, The Revd David Crofts, Colin Firth Diocesan Synod Lay Representatives Peter Boyt lex officiol
OMutsIRewrtfvthÈed1g3I December2024 COMMITTEES The Parochial Church Council IPCCI is the trustee body of the charity and is constituted under the Church Representation Rules. The PCC usually meets quarterly. During 2024, the PCC met four times. The Annual Meeting of Parishioners and Annual Parochial Church Meeting was held on 28 April 2024. As usual. this was combined with a service of rededication. The PCC elerted a PCC Standing Committee consisting of the vicar. associate vicar, curate, vice-chair, secretary, treasurer of St Peter's, treasurer of St Mary's. churchwardens and district churchwarden5. The stsnding committee has the power to transact the business of the PCC between its meetings, subject to any directions given by the Council. The standing committee did not meet during 2024. The Thorna5 Clarkson Centre Managernent Commlttee is chaired by David Crofts and covers all aspects of the use and maintenance of this parish asset. St Mary's and St Peter's District Church Councils IDCCSI. The two churches work together under a Scheme of Dele8ation. Each has its own District Church Council, which meets at least four times per year, and reports to the PCC. The separate meetings are able to discuss matters affecting the individual churches. All policy, financial and faculty matters and proposals affecting the whole parish are referred to the PCC. Each church has its own subcommittees. Each church has its own Mission Focus group which considers the support of mission partners and other agencies to deliver the parish's objectives. The patron of the parish is Simeon's Trustees. The wider ministry team Iclergy, lay pastor, readers and lay elders) met four time5 during 2024. The meetings, chief purpose 15 to ensure that the team of preachers and leaders of services are apprised of latest developments and consulted on relevant issues. A full health and safety risk assessment was last carried out in 2015. The health and safety policy was reviewed in 2017, ensuring that there is a policy for each of the three sites. St Mary's health and safety policy was reviewed again in 2022, and the Thomas Clarkson health and safety policy was reviewed again in 2024. The PCC complied with the duty under section 5 of the Safeguarding and Clergy Discipline Measure 2016 Iduty to have regard to House of Bishop's guidance on safeguarding children and vulnerable adults).
OMutsIRewrtfvthÈed1g3I December2024 3. CHARITABLE AIMS AND PURPOSES Church of England parishes seek to promote the whole mission of the church, pastoral, evangelistic, social and ecumenical. This aim was expressed in a statement in 2017 as follows: we seek to worship the God and Father of our Lord Jesus in the power of the Holy Spirit,. to teach the Bible in a way relevant to everyday life; to grow people in faith, understanding and love,. to equip people to serve others,. to offer people opportunities to meet Jesus and discover forgiveness and new life. PARISH STATISTICS The Parish of St Mary with St Peter is 2.6 square miles of central and 50Uthern Bury St Edmunds, characterised by residential estate5 and town centre businesses. The parish population in 2024 was 12,140. In latest available data, the parish is ranked 8986 out of the Church of England's 12,178 parishes according to indices of deprivation11- most deprivedl. The age profile of residents is older than the national average. The parish's boundaries were enlarged as part of a scheme of local parochial re-organisation enacted by a bishop's order dated l December 2020. The effects are to include land that has been designated for future residential development near to the town, so the population of the parish will increase signiticantly in the next decade. 4. CHARITABLE OBJECTIVES In 2024, we continued to fulfil our aims and purposes including the following public charitable services: Public worship in two churches, using a variety of styles to reach a wide range of people (contemporary worship. choral Morning Prayer and Holy Communion, Book of Common Prayer). This diversity of worship styles is very unusual in a Church of England parish and is a major strength. Public prayer and worship tske place every day. Online live Daily Prayer takes place tive days a week and a committed group of people have engaged with this throughout the year.
OMutsIRewrtfvthÈed1g3I December2024 Pastoral care and sUPPOrt. St Mary's is a popular church for weddings, but in 2024, the number of weddings was substantially lower than in the previous year. We continued to support bereaved families through funeral ministry, and in 2024 we once again hosted a Town Memorial Service in St Mary's as well as a smaller Parish Memorial Service in St Peter's. We also hosted a small event for local ministers and funeral directors at St Mary's. Baptisms took place in both churches. Opportunities to explore the Christian faith and to deepen personal discipleship with the encouragement of other Christians. Both churche5 have strong small groups for Bible study and prayer. An Alpha course was held in the spring. and a well-supported Advent course took place on the four Thursdays of Advent. St Marys, Church is open seven days a week in normal circumstances and receives a large number of visitors. The historic Grade I listed building is a major attraction. St Mary's Church is the civic church of Bury St Edmunds and welcomes a large number of people to services of widespread local importance. We see this as a vital way of posits'vely relating to many people who do not regularly worship and to promote the welfare of Bury St Edmunds. The vicar works with many local organisations to support their work and to witness to the concern of God for the wider world. The PCC owns the Thomas Clarkson Centre. a former school, next to St Peter's Church in Hospital Road. The Centre is a major community resource for Bury St Edmunds and its extensive facilities are in use throughout the week. During 2024, hire of the Centre was buoyant, although still remaining lower than pre-pandemic. • Bury St Edmunds has well-established ecumenical networks and the parish fully participates in these. Ecumenical initiatives such as Bury Drop In, Bury Town Pastors, Sporting'87 and Bury Christian Youth are supported by the parish and its regular worshippers. The PCC supports a large number of mission and charity partners, through the two churches. This extends our work to fulfil our aims in the wider world. The vicar, the assotiate vitar and the PCC have considered the Charity Commission's guidance on public benefit and the specilic guidance on charities for the advancement of religion. The Parochial Church Council works diligently to ensure it fulfils its responsibilities for safeguarding, employment, financial management. upkeep and repair of its buildings and stewardship of its resources.
OMutsIRewrtfvthÈed1g3I December2024 5. ACHIEVEMENTS AND PERFORMANCE 2024 was a year of sustained and gradual growth across both churches, as the post pandemic changes have now bedded in. Social ventures at both churches namely Open Kitchen and Warmlcommunity Space have enabled us to form relationships with members of our communities some of which have then felt able to get more involved in church, and to explore faith. We ran the Alpha course for the second time in many years, now an annual fixture in the life of the parish, and held a parish confirmation service with around 20 candidates making a step of faith in a number of ways. St Mary's identified the need to reach young people of secondary School age and was convinced that the way to build ministry amongst this age range some form of paid youth minister was needed, and a5 a result of sharing this vision with the congregations the finance5 5tabili5ed in 2024 enough that we were able to start the process of investing in this. By God's providence the diocese were offering grants for youth and children's ministry, and because of our associate vicar's engagement with a diocesan training programme we were able to apply. and were awarded enough to appoint a part time youth minister for 3 years. We appointed Hannah de Oliveira Lloyd in September 2024 who has been putting things in place to ensure our young people are being well supported and taught, and we hope to see this ministry continue and flourish into 2025. WORSHIP MINISTRIES Throughout 2024, St Mary's held two services on Sunday mornings, with a contemporary service at 9:15am and a more traditional service at 11am, as well as a midweek service. St Peter's continued with their morning service at 10..30am each Sunday. In addition, St Mary's held evening services on one or two Sundays each month throughout the year, and St Peter's continued its monthly Sunday evening informal praise service. Through the course of 2024, midweek services took place at care homes in our parish. Each month, a Parish Prayer meeting was held on Zoom. A St Peter's Vision Prayer Meeting was held weekly, also on Zoom. Online daily prayer was held five days a week on the days when there were no other services, reaching around 10- 20 people. Churth Attendance St Mary's. has two regular services on Sundays. The 9.15 service is served by an excellent contemporary band led by Jim Herrington which has grown from the four very committed members in 2022 to include several more musicians who play regularly. This allows for more
OMutsIRewrtfvthÈed1g3I December2024 flexibility when musicians need to be absent. The choir has seen many new members over 2024 though also some stepping back due to other commitments, and has continued to grow in experience and confi.dence Thanks is due to our Director of Music DB and his skill and commitment and leadership. alongside the Choir Association and choir members who give 50 much of their time and talents. There has been an increase in attendance at the 9..15am service over the last year. Attendance at the midweek service of Holy Communion has stayed fairly constant, while attendance at other Sunday services has dropped. Our number of new regular worshippers was 221761 including 71161 children. and 61101 of our regular worshippers moved to other churches, became housebound or died. Average attendances in 2024120231 are a5 follow5: The 9..15am contemporary service averages 901851 of whom 11171 are under 16 years. Children's groups are held each Sunday under the banner of Ener8ise, and a new group - Nextgen - has been introduced for those in school year 7 and above. The 11am traditional service averages 601791 of whom 31111 are under 16 years. A service of Choral Evensong took place once or twice a month. The average attendance at this was 341421 of whom 1111 was under 16 years. There is also a Holy Communion service every Wednesday. The numbers attending here average 251251. The two morning ¢ongre8ations combined for a number of special services throughout the vear. These included Easter, where the attendance was 28412001 ofwhom 381161 were under 16 years,. the service with Annual District Church Meeting, where the attendance was 1381951, of whom 12151 were under 16 years- Harvest, with an attendance of 14611401, of whom 131121 were under 16 years,. and Christmas, where the attendance was 11411161, of whom 23171 were under 16 years. The whole parish joined together in May 2024 for a Service of Confirmation and Reaffirmation, which was held at St Mary's Church. Twelve candidates from St Mary's and St Peter's Churches, were confirmed at this service, 5 were baptized and 2 were admitted to communion. The total attendance was 205. The Good Friday meditation service was attended by 621481 people, ofwhom 6 were under 16 years. Advent and Christmas services included the Advent service, which 781521 attended,. St Mary's carol service, attended by 37712861. of whom 19 were under 16 years,. the crib
OMutsIRewrtfvthÈed1g3I December2024 service, attended by 31211881 and the midnight communion, which 16511511 attended, of whom 3 were under 16 years. Civic services included Battle of Britain, where the attendance was 31412251, of whom 73141 were under 16 and Remembrance, where the attendance was 52015271, ofwhom 9911151 were under 16. Other special services included a joint Ascension Day service with the Cathedral, which took place at St Mary's1124 attended ofwhom I was under the age of 161; Jankyn Smyth, which 30313251 attended, of whom 14211811 were under the age of 16 and the Town Memorial Service to remember before God those who have died, which had an attendance of 201 11431. St Mary's Church was open for visits from 10.30am - 3pm six days a week. 17,756116,6631 visitors came to the church during the year outside services and events. 'Thefiguresfvr average congregation at St Mary s are now based on the medianfigurefor the yeor. Thefigures in bracket5 are bosed on the mean overoge ottendoncefor the year in 2023. ** Thefigure5 for 2023 ure Skewed by occ05ional bt7pttsms in the Service, combined Services and civic 5ervice5 being included. Anecdotally, regular attendance was c105er to 55 adult5 and 2 children in 2023. We have now changed our reportyng System 50 thatfrom 2024 onwt7rds these special 5ervice5 are not included in 11am attendance. St Peter's holds a 10..30am service every Sunday, with an average attendance of around 68 1701. This includes an average of 601641 adults and 8161 children. Children's groups were held on 35 Sundays durin8 2024. St Peter's also holds an informal praise service most months, with an average attendance of 211211. Lent and Easter services at St Peter'5 included an Ash Wednesday service of Holy Cornmunion, which wa5 attended by 151151 people, a Maundy Thursday service, which was attended by 261281 people, a Good Friday all age service, which was attended by 321371 people and the Easter Sunday service. which was attended by 921801 people. Special Christmas services included the Nativity Service, attended by 761671 people of whom 12 were under 16. Carols by Candlelight, attended by 18411401 people of whom 25 were under 16 and the Christmas Day family communion, which was attended by 761581 people of whom 7 were under 16. Service5 for life events Ibaptisms. weddings and funera151 were held in both churches. At St Mary's Church, the numbers (with 2023 figures in brackets) were.. 1111 thanksgiving services for the birth of a child- 17181 baptisms.. 71161 weddinEs,' 1101 wedding blessing,. 2 io
OMutsIRewrtfvthÈed1g3I December2024 101 renewal of marriage vows lof which one was held in a care homel,. 91171 funerals. memorial services for 4111 people. At St Peter's Church there were 0111 thanksgiving services for a child,. 1101 baptisms- 0121 weddings,. 0101 wedding blessings- 0101 renewal of marriage vows,. 2151 funerals, and 0101 memorial services. The parish conducted 231161 funerals at a crematorium or cemetery in 2024, making a total of 341381 funeral services condurted by members of staff as well as 3111 memorial services Iremembering 4 people) and 5151 interments of ashes. ELECTORAL ROLL AND MEMBERSHIP In 2024, we carried out revisions of the Electoral Roll in April. At the Annual Parochial Church Meeting there were 29512791 on the electoral roll. Of these, 22012061 were on St Mary's electoral roll, and 781751 were on St Peter's roll. 3121 appeared on both rolls. RAISING VOLUNTARY INCOME THROUGH GIVING At St Mary's in 2024 £176,05612023 £131,468) was given to the general fund through collections, tax effective regular giving and general donations. £22,72212023 £19,823) was given by or through the church for other charities or good causes. At St Peter's in 2024 £80,12412023 £82.1341 was given to the general fund through collections, tax effective regular giving and general donations. £15,23012023 £15,838) was given by or through the church for other charities or good causes. PARISH SHARE The parish contribution to the diocesan share wa5 £156,000 {2023 £156,000). In 2025 the parish will pay a contribution of E156.000. OTHER ACTIVITIES St Mary's shares the site of the ancient and ruined Abbey of St Edmund with the cathedral, the public Abbey Gardens and others. The two churches joined together to organise a Trumber of social events throughout 2024. The men's group met monthly for breakfast. Lunch & Chat continued to provide an opportunity for socialisatr.on and food once a month and was well attended. The Little Fishes li
OMutsIRewrtfvthÈed1g3I December2024 group for young children with their carers increased their sessions from monthly to twice a month from the beginning of 2024. An average of 8- 9 families attended each month. St Mary's ran a pop-in cafe each month throughout the year, and the Time Together social event took place four times through the course of the year. A pop-up bookshop operated at St Mary's on the first Wednesday of each month throughout the year. Interactive exhibitions for schools were put on at Easter and at Christmas (Road to Easter and Road to Christmasl, and were well supported and much appreciated by those who attended. The Sometimes on Sunday group met in July 2024 for the first time since before the pandemic, and they then met for harvest and to experience the Road to Christmas exhibition. St Peter's continued with their weekly community cafe and the monthly Tea and Chat event, as well as a weekly community space each Saturday. where people can drop in for refreshments and to socialise. They also held a men's bowls evening once a month. We seek to encourage people to work both with other churches in the town, and the work of the Christian church in the wider community. People from the congregations work with BCY IBury Christian Youth), the Bury Drop in, Town Pastors, Sporting 87 la Christian football clubl, CAP Ichristians against poverty) and the St John's Ecumenical Centre. OPERATING BUILDINGS The parish maintains St Mary's Church, St Peter's Church and the Thoma5 Clarkson Centre. A5 usual, regular maintenance and services were carried out in all the buildings. St Mary's Church had a relatively quiet year in 2024. We continue to have meetings with James Rolls, the Diocesan Zero Carbon officer. We have considered using a heat pump and having underfloor heating, at present this would be prohibitively expensive despite generous grants. Access to the tower roof has been improved - a new trap door has been fitted,. handrails have been added to the loft ladder and the ladder from the Bell Chamber has been repaired. The meeting room has been redecorated. and the photos and paintings have been stored elsewhere. The shed housinE the gas meter has been repeatedly vandalized, it has been decided not to lock it. Our energy supplier, Total Energies, is aware and has not raised any objection. Three broken glass quarries in the north aisle have been replaced. New cushions have been fitted in the nave pews. The proposal to glaze the Lady Chapel to create a warm soundproof area has been investigated again and found to be impossible. The plan 12
OMutsIRewrtfvthÈed1g3I December2024 to move the chamber organ in the Military Chapel to Glemsford church to accommodate a hanging cupboard for the communion table frontals has failed- Glemsford church no longer want it. We contr.nue to discuss Health and Safety issues. including lone working and working at heights. At St Peter's Church all of the maintenance and servicing work was completed. including the reports and tests required by our insurance company. The Archdeacon's visitation was carried out by the Rural Dean on 11 June 2024, when the documentation was reviewed, and was completed successfully. The Quinquennial work from the report two and a half years ago has almost been concluded. The only outstanding work is the masonry repairs. By the time the works were approved by the DAC, the appointed stonemason was fully booked during the remaining period of 2024 that was suitable for undertaking it. It is planned that the work will be done in the spring of 2025. In the latter part of 2024, the gas-fired hot air heating system was not heating the church effectively. On the second visit by a heating engineer it was identified that there was a fault with the thermostat of one of the 2 heaters. Replacement parts are on order and the system will be repaired when they are available. At the Thomas Clarkson Centre, some temporary repairs were made to the Sawbridge Hall floor. A quinquennial inspection was Carried out towards the end of the year, and we will be considering the report from this as we move forward into 2025. 6. STAFFING AND EMPLOYMENT The Reverend Canon Tiffer Robinson has served as vicar and incumbent of the parish since October 2022. Andy Williams continues to serve the congregation at St Peter's, where he completed his curacy before being licensed as Associate Vicar with responsibility for St Peter's in February 2022. In 2024, the parish employed an Event5 Manager. a Church Administrator. a Caretaker and a Director of Music. The parish a150 employs two cleaners. Hannah de Oliveira Lloyd was appointed as Youth Worker in September 2024. A very large proportion of the attivity in the parish is undertaken by volunteers and we are very grateful for their work. We have a good team of retired, self-5upporting and lay 13
OMutsIRewrtfvthÈed1g3I December2024 ministers who support the work of the stipendiary clergy. as well as many lay volunteers who give up their time to fulfil a whole variety of roles in the life of our churches. 7. FINANCIAL REVIEW The financial statements have been prepared in accordance with the accounting policie5 set out in notes to the accounts and comply with the charity's governing document, the Charities Acts 2011 and 2022 and Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland published on 16 July 2014, the latest edition being dated October 2019. Acr055 the whole Parish income of oll funds for 2024 amounted to £405,03312023 £340,162) as shown on the financial statements. That included income from bequests and donations in memoriam totaling £3,60712023 £6,898). Of those amounts for 2024 £1,607 was to be used for unrestricted purposes and £2,000 for restricted purposes. No Diocesan Energy Support grant12023 £8,514) was received by St Mary's. No Diocesan Energy Support grant12023 £4821 was received by St Peter's and no grant12023 £1,000) from the local authority. £46.11312023 £35,8741 tame from letting the parish hall, which was supplemented by a Local Authority grant of £l,00012023 £1,CNJ4 Diocesan Energy Support grant). £31,82312023 £27,903) was received as investment income, £7.70612023 £10,9991 from such main charitable activities as weddings and funeral services and the balance of £314,78412023 £247,4881 came primarily from church members. There were more exceptional items in 2024 within the £314,784 than in 2023. At Mary's £11,484 was raised from event fees and other fundraising activities12023 £4,926), no amount was raised for Choir Association activities12023 £1.0891 and a Diocesan grant of £20,00012023 nill was received to fund the costs of youth work. Stripping out these exceptional items, the recurrent income raised from the congregations amounts to about £283,30012023 £241,4731. This represented an increase of slightly more than 17%. Again, taking the Parish as a whole, expenditure on charitable activities totaled £381,886 12023 £416,363). Thu5, expenditure on charitable activities across the parish fell from 2023 to 2024 by £34,477. That decrease was split between a decrease of £41,425 at St Mary's, an increase of £3,866 at St Peter's and an increase of £3,082 at the Thomas Clarkson Centre. The main change5 at St Mary's were as follows. £26.77012023 £50,376) wa5 spent on Fabric at St Mary'5. £5,38512023 nil) wa5 spent on youth work funded by the Diocesan grant. No amount12023 £23.7001 was spent on upgrading the sound and visual system at St Mary's. £189,95712023 £188.1491 was spent on charitable acknvities through General Fund. The main changes at St Peter's were a5 follows. £14.20312023 £10,558) was spent at St Peter's 14
OMutsIRewrtfvthÈed1g3I December2024 on Fabric including preparation for a planned extension to the church building. £80,300 12023 £80,584) was spent on charitable activities through General Fund. £30012023 £2,200) was expended through Love Gift Fund. £90012023 nil) was expended through the People in Need Fund. £1,45812023 nil) was expended through the Lunch and Chat Fund. £40,427 12023 £37,345) was spent at the Thomas Clarkson Centre, the increase being mainly attributable to an increase of £3,0(K) in contributions to Parish costs. Expenditure on charitable activities included donations and grants to other charities totaling £37,95212023 £35,661). In addition to expenditure on main charitable artivities. costs of fundraising were small.. £2,746 in 20241£1.986 in 20231. After tsking into consideration a rise in the value of our investments by £27,04612023 £86,516) our income and gains therefore exceeded our expenditure and losses by £47,447 12023 £8,329). Income of £3,607 was attributable to bequests and donations in memoriam 12023 £6,898) and a surplus of £7,52412023 deficit £1801 generated by the Thomas Clarkson Centre. Each of the three component parts of the PCC'S financial activities has a reserves policy appropriate to its circumstances. At the end of 2024 St Mary's had total net assets. excluding permanent endowments, of £954,568. That is made up of £226,748 balances on unrestricted funds and £727,820 balances on restricted funds. Within unrestricted funds, the main balances for day-to-dav purposes are the general fund and a linked fund together having a balance of £48,163. This balance is consistent with a reserves policy of holding suffi'cient in such reserves to pay three months recurrent bills, and, in addition. general reserves can have recourse to the Mission Development Fund. The Mission Development Fund is the other main unrestricted fund with a balance of about £175.CNJO, which the PCC aims to use for development rather than simply maintenance of the mission life of the church, but can, if needed, be used to support the general fund. The main reserves within restricted funds are the Fabric Fund and linked funds, which have total balances of £645,429. The PCC wishes to retain £221,022 consisting of the Rae portfolio intact, leaving £424,407 available to meet any urgent work on the fabric of St Mary's. The £424,407 include5 equity-ba5ed investments of £379,049, which are subject to stock market fluctuations. St Peter's has net assets of £407,720. The main components of these are a Fabric Fund balance of £354,874 lincluding the surplus on linked investments), other restricted fund balances of £7,537, the balance of the Daphne Swatman Mission Fund of £18,276 and a General Fund balance of £27,033. sufficient to meet normal recurrent bills over a period slightly more than four months. The Thomas Clarkson Centre has net assets of £618,919. That includes the building itself at a valuation of £250,000 plus expenditure incurred to the end of 2013 of £323,600 on 15
OMutsIRewrtfvthÈed1g3I December2024 planning and building the extension of the hall. General realisable reserves of £45,320 are held. These are sufficient to meet short-term likely refurbishment costs and to meet recurrent bills for six months. Amounts not expected to be used in a period of about five years since acquisition are held in equity based pooled investments with the Church of England Investment Fund. Across the Parish these assets, excluding endowment funds, total about £918.500. These rose in value in 2024 by 2.3%. This investment fund has an ethical approach consistent with Church of England ethical principles. £8,338 is held in bond based pooled investments with the Church of England Short Duration Bond Fund and £11,381 available to the PCC held by the Diocesan Board of Finance. A further amount of £468,855 is held with various banks, of which £45,000 is held on deposit with the Church of England Deposit Fund. Much of the amounts held with Church of England Deposit Fund is held available to be spent on any urgent unplanned building work at St Mary's church. Bank deposit balances are held at a high level by St Peter's in anticipation of work to be carried out on the Fabric of St Peter's. 8. PLANS FOR THE FUTURE 2024 was a year of consolidating the grovrth God has blessed us with in 2023, with a view to unlocking further numerical and spiritual growth in 2025 The key areas the vicar wishes to develop at St Mary's going into 2025 and beyond are: Enabling both main sunday con8regations to thrive in their own distinctive directions, with a high quality of music and teaching. To ensure the contemporary worship and the choral excellence of the church Continues to thrive and enable us to worship God faithfully. To support the Director of Music as we transition the choir from one based primarily around the choral education of children to a flourishing parish choir for all ages. Focussing on mission and ministry to young people, through Sunday children's discipleship and occasional events (such as Road to Christmas and Road to Easterl, and through the youth ministry headed up by Hannah de Oliveira Lloyd, the parish youth worker. Growing all of the congregations in number and in depth, through preaching, Alpha, home groups. and encouraging Christians to be more open about their faith to those around them. Maintaining the healthy financial situation. and continuing to encourage sacrificial regular Eiving, and being good stewards with the treasure God has entrusted to us. 16
Independent Examiner's Report to the trustees of St Marfs with St Peterfs Parochial Church Council I report on the accounts of St Marfs With St Peterfs Parochial Church Council for the year ended 31 December 2024, which are set out on pages I to 24. This report is made solely to the trustees. as a body. in accordance with the General Direction5 given by the Charity Comrni55ion. My work has been undertaken so that I might state to the charity's trustees those matters l am required to state to them in an independent examiner's report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the charity and the charity'5 trustees as a body, for my work. for this report. or for the opinion51 have formed. Respettive respon51bllltles of the trustees and examlnei The charity's trustees are responsible for the preparation of the accounts. The trustee5 consider that an audit is not required for thi5 year under section 144 of the Charities Act 2011 Ithe Charities Actl and that an independent examination is needed. The charlS gross income exceeded £250.QM)O and l am qualified to undertake the examination by bein8 a qualified member of the ICAEW. It is my responsibility to: examine the accounts under section 145 of the Charities Act- follow the procedures laid down in the General Directions given by the Chority Commission under section 14515llbl of the Charities Act: and to state whether particular matters have come to my attention. Basis of Independent examlnerfs report My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeks explanation5 from you os trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts Present a 'true and fairf view and the report is limited to those matters set out in the statement below. Independent emamlner's statement In connection with my examination, no material matters have come to my attention which give5 me cause to believe that in, any material respect-. the accounting records were not kept in accordance with section 130 of the Charities Art,. or the accounts did not accord with the accounting records: or the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2LI)8 other than any requirement that the accounts give o 'true and fairf view which is not a matter considered a5 part of an independent examination. I have come across no other matters in connection with the examination to which attention shoLJld be drawn in thi5 rep order to enable a proper understanding of the accounts to be reached. Signed Robin Jackson FCA Chartered Accountant Churchgate Accountants Limited Langton Place Bury St Edmunds
| INDEX | PAGE | |
|---|---|---|
| StatementofFinanciatActivitiesfortheParishincorporating St Mary's, St Peter's andtheThomas CtarksonCentre |
1 | |
| Balance Sheetat31 December 7074fortheParish incorporating 5tMary's, St Peter's andtheThomas CtarksonCentre |
2 | |
| CashF[owStatementfortheParishincorporating St Mary's,5tPeter's andtheThomas CtarksonCentre Statementof trustees'responsibitities AccountingPoticies StMary'sincomeandexpenditure offunds St Mary'sdetailsoffundbatances St Peter'sincomeandexpenditure offunds St Peter'sdetaitsof fundbatances ThomasCtarkonCentre detaitsofincomeandexpenditure Notestofinancia[statements |
- | 3 4 5to6 7to11 12 '13to15 15 16 17to24 |
PAROCHIAL CHURCH COUNCIL OF ST MARY'S WITH ST PETER'S BURY ST EDMUNDS
STATEMENT OF FINANCIAL ACTIVITIES For the year ended 31 December 2024
| ST MARY'S | ST PETER'S | ST PETER'S | THOMAS CLARKSON CENTRE | THOMAS CLARKSON CENTRE | THOMAS CLARKSON CENTRE | PARISH | PARISH | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Unrestricted | Restricted | Endowment | TOTAL | Unrestricted | Restricted | TOTAL | Unrestricted | Restricted | TOTAL | TOTAL | ||||||
| Funds | Funds | Funds | FUNDS | Funds | Funds | FUNDS | Funds | Funds | FUNDS | FUNDS | ||||||
| 2024 | 2023 | 2024 | 2023 | 2024 | 2023 | 2024 | 2023 | |||||||||
| Note | £ | £ | £ | £ | £ | £ | £ | £ | £ | £ | £ | £ | ||||
| Income and endowments from | ||||||||||||||||
| Donations and legacies | 2(a),2(c),4(a),4(c),6 | 180367 | 34703 | 215070 | 166706 | 80424 | 11413 | 91837 | 91850 | 1000 | 1000 | 1004 | 307907 | 259560 | ||
| Other trading activities | 2(a),2(c),4(a),4(c),6 | 10879 | 605 | 11484 | 5826 | 46113 | 46113 | 35874 | 57597 | 41700 | ||||||
| Investments | 2(a),2(c),4(a),4(c),6 | 6421 | 18973 | 25394 | 24443 | 817 | 4774 | 5591 | 3173 | 838 | 838 | 287 | 31823 | 27903 | ||
| Charitable activities | 2(a),2(c),4(a),4(c),6 | 6485 | 430 | 6915 | 9021 | 791 | 791 | 1978 | 7706 | 10999 | ||||||
| __ | __ | __ | _ __ | __ | __ | ___ | __ | __________ | ||||||||
| TOTAL INCOME AND ENDOWMENTS | 204152 | 54711 | 258863 | 205996 | 82032 | 16187 | 98219 | 97001 | 47951 | 0 | 47951 | 37165 | 405033 | 340162 | ||
| -------------- | -------------- | -------------- | ------------------------- | -------------- | -------------------------- | ------------ | -------------------------------------------------------------------------------- | |||||||||
| Expenditure on | ||||||||||||||||
| Raising funds | 2(b),2(d),4(b),4(d),6 | 2746 | 2746 | 1986 | 0 | 0 | 2746 | 1986 | ||||||||
| Charitable activities | 2(b),2(d),4(b),4(d),6 | 194586 | 39103 | 233689 | 275114 | 81716 | 26054 | 107770 | 103904 | 40427 | 40427 | 37345 | 381886 | 416363 | ||
| __ | __ | __ | _ __ | __ | __ | ___ | __ | __________ | ||||||||
| TOTAL EXPENDITURE | 197332 | 39103 | 236435 | 277100 | 81716 | 26054 | 107770 | 103904 | 40427 | 0 | 40427 | 37345 | 384632 | 418349 | ||
| -------------- | -------------- | -------------- | ------------------------- | -------------- | -------------------------- | ------------ | -------------------------------------------------------------------------------- | |||||||||
| Net gains/(losses) on investments | 3371 | 13833 | 1209 | 18413 | 67419 | 8633 | 8633 | 19097 | 27046 | 86516 | ||||||
| -------------- | -------------- | -------------- | ------------------------- | -------------- | -------------------------- | ------------ | -------------------------------------------------------------------------------- | |||||||||
| Net Income and gains/(expenditure and losses) | 10191 | 29441 | 1209 | 40841 | (3685) | 316 | (1234) | (918) | 12194 | 7524 | 0 | 7524 | (180) | 47447 | 8329 | |
| Transfer between funds | 8692 | (8692) | 0 | 0 | (1200) | 1200 | 0 | 0 | 0 | 0 | 0 | 0 | ||||
| -------------- | -------------- | -------------- | ------------------------- | -------------- | -------------------------- | ----------- | -------------------------------------------------------------------------------- | |||||||||
| Net Income and gains/(expenditure and losses) | ||||||||||||||||
| before other recognised gains and losses | 18883 | 20749 | 1209 | 40841 | (3685) | (884) | (34) | (918) | 12194 | 7524 | 0 | 7524 | (180) | 47447 | 8329 | |
| Other recognised gains/losses | ||||||||||||||||
| Gains (losses) on revaluation of fixed assets | ||||||||||||||||
| Actuarial gains/losses on defined benefit pension schemes | ||||||||||||||||
| __ | __ | __ | _ __ | __ | __ | _ | ______ | __ | __________ | |||||||
| NET MOVEMENT IN FUNDS | 18883 | 20749 | 1209 | 40841 | (3685) | (884) | (34) | (918) | 12194 | 7524 | 0 | 7524 | (180) | 47447 | 8329 | |
| Total funds brought forward | 3,5,6 | 207865 | 707071 | 52884 | 967820 | 971505 | 46193 | 362445 | 408638 | 396444 | 611395 | 611395 | 611575 | 1987853 | 1979524 | |
| at beginning of year | ||||||||||||||||
| __ | __ | __ | _ __ | __ | __ | _ | ______ | __ | __________ | |||||||
| Total funds carried forward | ||||||||||||||||
| at end of year | 3,5,6 | 226748 | 727820 | 54093 | 1008661 | 967820 | 45309 | 362411 | 407720 | 408638 | 618919 | 0 | 618919 | 611395 | 2035300 | 1987853 |
| **__ ** | __ | __ | _ **__ ** | **__ ** | __ | **___ ** | **__ ** | __________ |
1
PM¢OCHIAL CHURCH COUNCIL OF ST WITH ST PETEifs. BURYST EDIIUNDS BALANCE SHEET AT 31 DECEM8ER 2024 2D23 St Mary5 S¢ P•t•rfs Cl8on Centr• Pwknh St Marf8 St P8tef• Clason Contre Parllh FIXED sET8 T8wib IrwestmeTrt5 Inv8simenls Reginald Furand portrdio Fat¢ portfolio 573599 sn599 31J7 248781 245812 178701 573599 573599 311718 243157 240312 1768 319C¥17 248781 245812 311718 243157 240312 12 178701 17[ CURRENT ASSETS stock ofcarO8. guides & t$ Debl¢Ks and prepaymen15 Cash ai and In hand 4202 37321 180471 4202 1265 8303 47Q954 13 1774 52720 7PA12 182751 501 47902 240301 CURRENT LIABILrriES Greditty5 14 1fj6451 191741 1427521 1191851 I10j7) 1315231 NET CURRENT ASSETS 195C61 229)19 172833 238570 37T96 448999 15 NET ASSETS ILKW661 40n20 618919 967820 408638 611395 1987853 FUNDS 16 Endo¥rnent Rtrstricled Unreslridgd 54093 727820 226748 51093 10W)231 8976 52884 1069516 865463 362411 707071 207865 362445 46193 818919 611395 TOTAL FUNDS IrxJ8661 40772 618919 40B638 811395 1987853 This bae she* rorrns pwt d a¢trxmis apwoved w 25 March 2025 PCC Chairman PCC Treasurer
PAROCHIAL CHURCH COUNCIL OF ST MARY'S WITH ST PETER'S, BURY ST EDMUNDS
CASH FLOW STATEMENTS FOR YEAR ENDED 31 DECEMBER 2024
| Note | 2024 | 2024 | 2023 | 2023 | ||||||
|---|---|---|---|---|---|---|---|---|---|---|
| £ | £ | |||||||||
| St Mary's | St Peter's | Thomas Clarkson Centre |
Parish | St | Mary's | St Peter's | Thomas Clarkson Centre |
Parish | ||
| Net cash inflow from operating activities | (27674) | (10228) | 3980 | (33922) | (100167) | (11321) | (275) | (111763) | ||
| Interest received | 8 | 25394 | 5591 | 838 | 31823 | 24443 | 3173 | 287 | 27903 | |
| Interest paid | 15 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Net cash inflow from investments | 25394 | 5591 | 838 | 31823 | 24443 | 3173 | 287 | 27903 | ||
| (Capital expenditure) | 10 | 0 | 0 | |||||||
| Sale of investments | 0 | 0 | ||||||||
| (Purchase of investments) | 0 | 0 | ||||||||
| ______ | ______ | _____ | _ | ______ | _____ | ____ | _ | |||
| Increase/(decrease) in Cash | (2280) | (4637) | 4818 | (2099) | (75724) | (8148) | 12 | (83860) | ||
| ====== | ====== | ==== | ======= | ====== | ====== | ===== | ======= | |||
| Reconciliation of operating surplus to net cash inflow from operating activities | ||||||||||
| Operating surplus/(deficit) | SOFA | 40841 | (918) | 7524 | 47447 | (3685) | 12194 | (180) | 8329 | |
| (Investment income) | 8/15 | (25394) | (5591) | (838) | (31823) | (24443) | (3173) | (287) | (27903) | |
| (Gains)/losses on investments | SOFA | (18413) | (8633) | (27046) | (67419) | (19097) | (86516) | |||
| Depreciation | 10 | 0 | 0 | |||||||
| Decrease/(Increase) in stock | (2937) | (2937) | (15) | (15) | ||||||
| Decrease/(Increase) in debtors | 13 | (29519) | 0 | (1273) | (30792) | 1308 | 0 | (336) | 972 | |
| Increase/(decrease) in creditors | 14 | 7748 | 4914 | (1433) | 11229 | (5913) | (1245) | 528 | (6630) | |
| ______ | _ | _____ | _ | _ | _____ | _____ | _ | |||
| Net cash inflow from operating activities | (27674) | (10228) | 3980 | (33922) | (100167) | (11321) | (275) | (111763) | ||
| ====== | ====== | ====== | ======= | ======= | ====== | ===== | ======= | |||
| Reconciliation of net cash flow to movement in cash and bank | balances | |||||||||
| Increase/(decrease) in cash in year | (2280) | (4637) | 4818 | (2099) | (75724) | (8148) | 12 | (83860) | ||
| Cash and bank balances at beginning of year | 182751 | 240301 | 47902 | 470954 | 258475 | 248449 | 47890 | 554814 | ||
| ______ | _ | ______ | _ | _ | ______ | ______ | _ | |||
| Cash and bank balances at end of year | 180471 | 235664 | 52720 | 468855 | 182751 | 240301 | 47902 | 470954 | ||
| ====== | ====== | ====== | ======= | ======= | ====== | ===== | ======= |
3
Statement of trustees' responsibilities
The trustees are responsible for preparing the Trustees' Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
The law applicable to charities in England & Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing these financial statements, the trustees are required to:
-
select suitable accounting policies and then apply them consistently;
-
▪ make judgments and estimates that are reasonable and prudent;
-
state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements;
-
▪ prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in business.
The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations and the Church Accounting Regulations 2006. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
In so far as the trustees are aware:
-
there is no relevant audit information of which the charity's independent examiners are unaware; and
-
the trustees have taken all steps that they ought to have taken to make themselves aware of any relevant information and to establish that the independent examiners are aware of that information.
4
PAROCHIAL CHURCH COUNCIL OF ST MARY'S WITH ST PETER'S, BURY ST EDMUNDS
Notes to the Financial Statements For the year ending 31 December 2024
1 Accounting Policies
Basis of financial statements
The financial statements have been prepared under the Church Accounting Regulations 2006 in accordance with applicable accounting standards and the current Statement of Recommended Practice, Accounting and Reporting by Charities and applicable accounting standard FRS 102.
The financial statements have been prepared under the historic cost convention except for investment assets, which are shown at market value. The financial statements include transactions, assets and liabilities for which the PCC is responsible in law. They do not include the accounts of any church groups that owe their main affiliation to another body nor those that are informal gatherings of church members.
Fund accounting
General funds represent the funds of the PCC that are not subject to any restrictions regarding their use and are available to be spent on the general purposes of the PCC. Funds designated for a particular purpose by the PCC are also unrestricted. The unrestricted funds of each of St Mary's and St Peter's Churches are, in practice, restricted to the furtherance of mission primarily as decided by the District Council of each respective Church.
Restricted funds are those funds that must be spent on restricted purposes and details of the funds held and restrictions are provided in the notes to the financial statements. Endowment funds, where the capital must be retained, are explained in note 17.
Incoming Resources
Donations and legacies
Planned giving, collections and similar donations are recognised when received. Tax refunds are recognised in the final amount claimable for the tax year ending in the period of accounts plus an interim claim in respect of the next following tax year. Grants and legacies to the PCC are accounted when the PCC is entitled to the use of the resources, their ultimate receipt is considered reasonably certain and the amounts due are readily quantifiable.
Income from other trading activities
Funds raised by letting the Thomas Clarkson Centre (parish hall), fund raising events and sales of cards and guides from the church bookstall are accounted for gross.
Income from investment
Dividends and interest are accounted for when declared receivable.
Income from Charitable Activities
Income is recognised for the period in which it is earned.
Resources used
Grants
Grants and donations are accounted for when paid over, or when awarded, if that award creates a binding or constructive obligation on the PCC.
5
1 Accounting Policies (Continued)
Activities directly related to the work of the Church
The diocesan parish share expected to be paid over is accounted for when due.
Other expenditure
All other expenditure is recognised when it is incurred and is accounted for gross.
Gains and losses on investments
Realised gains and losses are recognised when investments are sold. Unrealised gains or losses are accounted for on revaluation of investments at 31 December.
Fixed Assets
Consecrated land and buildings and movable church furnishings
Consecrated and beneficed property is excluded from the accounts by s. 10(2)(a) and (c) of the Charities Act 2011.
Movable church furnishings held by the Vicar and Churchwardens on special trust for the PCC, and which require a faculty for disposal, are accounted for as inalienable property unless consecrated. They are listed in the church’s Inventory which can be inspected at any reasonable time. For inalienable property acquired prior to 2001, there is insufficient cost information available and therefore such assets are not valued in the accounts. Items acquired since 1 January 2001 have been capitalised and depreciated in the accounts over their currently anticipated useful economic life on a straight line basis.
All expenditure incurred during the year on consecrated or beneficed buildings, individual items under £2,500 or on the repair of movable church furnishings acquired before 1 January 2001 is written off.
Other land and buildings
The Thomas Clarkson (formerly Hyndman) Centre is shown at valuation so as to conform with SORP issued on 16 July 2014. Prior to SORP 2005 it was excluded since the PCC has a policy of long term retention of these assets. These assets are included at valuation on the balance sheet since reliable cost information is not available. Any expenditure on maintenance is written off as incurred.
Other fixtures, fittings and office equipment
Equipment used within the church premises is depreciated on a straight line basis over 4 years. Individual items of equipment with a purchase price of £1,000 or less are written off when the asset is acquired.
Investments
Investments are valued at market value at 31 December.
Current assets
Amounts owing to the PCC at 31 December in respect of fees, rent or other income are shown as debtors less any provision for amounts that may prove uncollectible.
Short-term deposits include cash held on deposit either with the CBF Church of England Deposit Fund or at the bank.
6
Note 2 St Mary's Church Summary of income of unrestricted funds
| Total | General | Clergy | Mission | Social & | Sound | Tiddlywinks | ||
|---|---|---|---|---|---|---|---|---|
| Housing | Development | Fellowship | Happy Hands | |||||
| Income and endowments: donations and legacies | 180367 | 176056 | 1000 | 3311 | ||||
| Income from other trading activities | 10879 | 10879 | ||||||
| Income from Investments | 6421 | 2758 | 3663 | |||||
| Income from Charitable activities | 6485 | 6485 | ||||||
| Other income | 0 | |||||||
| Total income of unrestricted funds | 204152 | 196178 | 0 | 4663 | 3311 | 0 | 0 | |
| Summary of expenditure of unrestricted funds | ||||||||
| Total | General | Clergy | Mission | Social & | Sound | Tiddlywinks | ||
| Housing | Development | Fellowship | Happy Hands | |||||
| Expenditure on Raising Funds | ||||||||
| Cost of generating Giving income | 0 | |||||||
| Fundraising trading: costs of goods sold | 2746 | 2746 | ||||||
| Expenditure on Charitable activities | 194586 | 189957 | 629 | 3658 | 342 | |||
| Total expenditure of unrestricted funds | 197332 | 192703 | 629 | 0 | 3658 | 342 | 0 | |
| Summary of income of restricted funds | ||||||||
| Total | Choir | Fabric | Flowers | Grant Aided | Mission | Organ | Projects | |
| Association | Youth Work | |||||||
| Income and endowments: donations and legacies | 34703 | 2629 | 20000 | 4816 | 50 | 7208 | ||
| Income from other trading activities | 605 | 605 | ||||||
| Income from Investments | 18973 | 18686 | 15 | 272 | ||||
| Income from Charitable activities | 430 | 430 | ||||||
| Other income | ||||||||
| Total income of restricted funds | 54711 | 0 | 21315 | 1050 | 20000 | 4816 | 322 | 7208 |
| Summary of expenditure of restricted funds | ||||||||
| Total | Choir | Fabric | Flowers | Grant Aided | Mission | Organ | Projects | |
| Association | Youth Work | |||||||
| Expenditure on Raising Funds | ||||||||
| Fundraising trading: costs of goods sold | 0 | |||||||
| Expenditure on Charitable activities | 39103 | 26770 | 1228 | 5385 | 4816 | 904 | ||
| Total expenditure of restricted funds | 39103 | 0 | 26770 | 1228 | 5385 | 4816 | 0 | 904 |
7
Note 2(a) St Mary's Church
Income of unrestricted funds
| 2024 | 2023 | ||||
|---|---|---|---|---|---|
| Income and endowments | |||||
| Donations and legacies | |||||
| Fund | Description of Income | ||||
| General | Planned Giving attracting tax relief | 92921 | 76906 | ||
| Tax recovered | 28151 | 21212 | |||
| Collections and visitors' donations | 54984 | 33350 | |||
| Diocesan Energy Grant | 8514 | ||||
| ______ | 176056 | _ | 139982 | ||
| Mission Development | Bequests | ||||
| Jane Aston | 1000 | ||||
| Faith Margaret Walker | 5898 | ||||
| ______ | 1000 | _ | 5898 | ||
| Social & Fellowship | Donations | 337 | 60 | ||
| Open Kitchen | 2974 | 2884 | |||
| ______ | 3311 | _ | 2944 | ||
| ------------ | ------------ | ||||
| 180367 | 148824 | ||||
| ====== | ====== | ||||
| Income from other trading activities | |||||
| Fund | Description of Income | ||||
| General | Postcards, books, CD's & sundries | 1619 | 1305 | ||
| Concerts and fundraising events | 9260 | 3621 | |||
| --------- | --------- | ||||
| 10879 | 4926 | ||||
| ===== | ===== | ||||
| Income from Investments | |||||
| Fund | Description of Income | ||||
| General | Interest and dividends | 2758 | 2335 | ||
| Mission Development | Interest and dividends | 3663 | 3535 | ||
| --------- | --------- | ||||
| 6421 | 5870 | ||||
| ===== | ===== | ||||
| Income from Charitable | activities | ||||
| Fund | Description of Income | ||||
| General | Wedding etc. fees | 6485 | 8231 | ||
| --------- | --------- | ||||
| Total | 6485 | 8231 | |||
| ===== | ===== |
8
Note 2(b) St Mary's Church
Expenditure of unrestricted funds
| 2024 | 2023 | 2023 | |||
|---|---|---|---|---|---|
| Expenditure on Raising funds | |||||
| Fund | Description of Expenditure | ||||
| General | Cost of generating voluntary giving | 492 | |||
| Postcards, books, CD's & sundries | 692 | 640 | |||
| Costs of concerts and fundraising events | 2054 | 826 | |||
| --------- | --------- | ||||
| 2746 | 1958 | ||||
| ===== | ===== | ||||
| Expenditure on Charitable activities | |||||
| Fund | Description of Expenditure | ||||
| General | Parish Share paid to Diocese | 80330 | 90070 | ||
| Clergy expenses | 1656 | 739 | |||
| Alpha course etc. | 798 | 408 | |||
| Children's material | 394 | 50 | |||
| Bibles, books, wine & candles | 1244 | 955 | |||
| Musical costs | 17184 | 15954 | |||
| Utilities & insurance | 35764 | 40251 | |||
| Wedding etc. expenses | 2248 | 1293 | |||
| ______ | 139618 | ______ | 149720 | ||
| General | Office running costs | 1208 | 448 | ||
| Parish administrators | 20810 | 15382 | |||
| Payroll administration | 1620 | 1164 | |||
| Youth work subscription | 252 | 252 | |||
| Caretaker work at Sunday services | 1976 | 1264 | |||
| Printing, stationery and advert. | 2485 | 2757 | |||
| Photocopying & paper | 733 | 1245 | |||
| Sundries | 1674 | 1908 | |||
| Telephone | 563 | 723 | |||
| Deanery | 20 | 20 | |||
| Independent Examination costs | 1092 | 100 | |||
| ______ | 32433 | ______ | 25263 | ||
| General | Grants made | 17906 | 13166 | ||
| Clergy Housing Maintenance | Work on conservatory | 629 | |||
| Mission Development | Sound system improvements | 23700 | |||
| Social & Fellowship | Refreshments etc. | 1346 | 1031 | ||
| Costs of Open Kitchen | 2312 | 1373 | |||
| ______ | 3658 | ______ | 2404 | ||
| Sound | Microphones, batteries and wages | 342 | 737 | ||
| ------------ | ------------ | ||||
| Total | 194586 | 214990 | |||
| ======= | ======= |
9
Note 2(c) St Mary's Church
Income of restricted funds
| 2024 | 2023 | ||||
|---|---|---|---|---|---|
| Income and endowments | |||||
| Donations and legacies | |||||
| Fund | Description of Income | ||||
| Choir Association | Donations and subscriptions etc. | 775 | |||
| Fabric | Other grants and donations | 629 | 124 | ||
| Bequest - Heulwen Stewart | 2000 | ||||
| _____ | 2629 | _____ | 124 | ||
| Flower | Donations | 250 | |||
| Grant aided Youth Work | Diocesan grant | 20000 | |||
| Mission | Collections and monthly giving | 4816 | 6657 | ||
| Organ | Donations | 50 | |||
| Projects | Donation for Alpha banner | 60 | |||
| Donation for Children's library | 50 | 200 | |||
| Donation for gardener at vicarage | 1000 | 1000 | |||
| Donation for Youth work | 3500 | ||||
| Donation Time Together | 326 | 233 | |||
| Road to Christmas | 32 | ||||
| Donations for staff wages | 5800 | 5083 | |||
| _____ | 7208 | _____ | 10076 | ||
| ---------- | -------- | ||||
| 34703 | 17882 | ||||
| ====== | ===== | ||||
| Income from other trading | activities | ||||
| Fund | Description of Income | ||||
| Choir Association | Fund raising income | 314 | |||
| Flower | Fund raising income | 605 | 586 | ||
| --------- | --------- | ||||
| Total | 605 | 900 | |||
| ===== | ===== | ||||
| Income from Investments | |||||
| Fund | Description of Income | ||||
| Fabric | Dividends from Sayer bequest | 894 | 881 | ||
| Dividends from Rae bequest | 5998 | 5906 | |||
| Dividends from Fursland portfolio | 6681 | 6578 | |||
| Other investment income | 5113 | 4925 | |||
| _____ | 18686 | _____ | 18290 | ||
| Flower | 15 | 15 | |||
| Organ | Dividends from Plumpton bequest | 272 | 268 | ||
| --------- | -------- | ||||
| Total | 18973 | 18573 | |||
| ===== | ===== | ||||
| Income from Charitable activities | |||||
| Fund | Description of Income | ||||
| Flower | Wedding fees & donations | 430 | 790 | ||
| --------- | -------- | ||||
| Total | 430 | 790 | |||
| ===== | ===== |
10
Note 2(d) St Mary's Church
Expenditure of restricted funds
| 2024 | 2023 | ||||
|---|---|---|---|---|---|
| Expenditure on Raising funds | |||||
| Fund | Description of Expenditure | ||||
| Flower | Costs of fundraising | 28 | |||
| ====== | ===== | ||||
| Expenditure on Charitable | activities | ||||
| Fund | Description of Expenditure | ||||
| Choir Association | Choir activities | 0 | 826 | ||
| Fabric | Carpentry | 3284 | |||
| Caretaker | 6219 | 5776 | |||
| Flags and flagpole repairs | 300 | 126 | |||
| Glass repairs | 288 | ||||
| Lighting and electrical | 1966 | 8503 | |||
| Miscellaneous | 879 | 1174 | |||
| Painting | 145 | 2088 | |||
| Pew cushions | 12035 | ||||
| Quinquennial work | 417 | 29016 | |||
| Statutory tests & maintenance | 1237 | 1701 | |||
| Tree removal | 1992 | ||||
| ______ | 26770 | ______ | 50376 | ||
| Flower | Provision of flowers etc. | 1228 | 1588 | ||
| Grant aided Youth Work | Employment costs | 5275 | |||
| Expenses | 110 | ||||
| ______ | 5385 | ______ | 0 | ||
| Mission | Grants made | 4816 | 6657 | ||
| Projects | Alpha Banner | 70 | |||
| Gardener at vicarage | 639 | 441 | |||
| Road to Christmas | 12 | ||||
| Sometimes on Sunday | 53 | ||||
| Time Together | 212 | 154 | |||
| ______ | 904 | ______ | 677 | ||
| ---------- | --------- | ||||
| Total | 39103 | 60124 | |||
| ====== | ===== |
11
Note 3 St Mary's Church Details of Fund Balances at end of year
| Fund Balances | |||
|---|---|---|---|
| 2024 | 2023 | ||
| £ | £ | ||
| Unrestricted Funds | |||
| General Fund | 17058 | 17631 | |
| Surplus on CBF Shares | 31105 | 30377 | |
| Clergy Housing Maintenance Fund | 2371 | 2200 | |
| Mission Development Fund | 129510 | 113407 | |
| Surplus on Mission Development portfolio | 45544 | 42901 | |
| Social and Fellowship | 402 | 749 | |
| Sound Fund | 228 | 70 | |
| Tiddlywinks/Happy Hands | 530 | 530 | |
| ----------- | ----------- | ||
| 3(A) | 226748 | 207865 | |
| ====== | ===== | ||
| Restricted Funds | |||
| Choir Association | 4952 | 4952 | |
| Fabric Fund | 267501 | 275848 | |
| Flower Fund | 1175 | 1353 | |
| Grant Aided Youth Work | 14615 | ||
| Mission Fund | 0 | 0 | |
| Organ Fund | 39238 | 38916 | |
| Phoenix Folk Group | 1 | 1 | |
| Projects Fund | 12518 | 12014 | |
| Surplus on Croasdale & fabric | |||
| committee portfolios | 26063 | 25339 | |
| Surplus on DBF deposit | 9892 | 9485 | |
| Surplus on Fursland portfolio | 118492 | 112992 | |
| Surplus on Porter portfolio | 62182 | 59925 | |
| Surplus on Rae portfolio | 171191 | 166246 | |
| ----------- | ----------- | ||
| 3(B) | 727820 | 707071 | |
| ====== | ===== |
Expenditure on St Mary's Fabric can have recourse to the amount of the aggregate balances on the Fabric Fund plus the surpluses on the Croasdale & fabric committee, Fursland, Porter and Rae portfolios. At 31 December 2024 this was £645,429 (2023 £640,350)
| Endowment Funds | ||
|---|---|---|
| Sayer Bequest | 32950 | 32213 |
| Plumpton Bequest | 10035 | 9811 |
| Raingate Street Charity | 4023 | 3933 |
| Chancel Repair Fund | 5665 | 5538 |
| J Sutton Charity | 426 | 417 |
| St Mary's Estate | 740 | 723 |
| Lady Rivers Charity | 254 | 249 |
| --------- | --------- | |
| 54093 | 52884 | |
| ===== | ===== |
12
Note 4 St Peter's Church
Summary of income of unrestricted funds
| Summary of income of unrestricted funds | ||||||||
|---|---|---|---|---|---|---|---|---|
| Total | General | Daphne | ||||||
| Swatman | ||||||||
| Mission | ||||||||
| Income and endowments: donations and legacies | 80424 | 80124 | 300 | |||||
| Income from other trading activities | ||||||||
| Income from Investments | 817 | 817 | ||||||
| Income from Charitable activities | 791 | 791 | ||||||
| Other income | ||||||||
| Total income of unrestricted funds | 82032 | 80915 | 1117 | |||||
| Summary of expenditure of unrestricted funds | ||||||||
| Total | General | Daphne | ||||||
| Swatman | ||||||||
| Mission | ||||||||
| Expenditure on Raising Funds | ||||||||
| Fundraising trading: costs of goods sold | ||||||||
| Expenditure on Charitable activities | 81716 | 80300 | 1416 | |||||
| Total expenditure of unrestricted funds | 81716 | 80300 | 1416 | |||||
| Summary of income of restricted funds | ||||||||
| Total | Fabric | Little Fishes | Love Gift | Lunch | Mission | People | Tea | |
| (Toddler) | & Chat | in Need | & Chat | |||||
| Income and endowments: donations and legacies | 11413 | 250 | 2051 | 9039 | 73 | |||
| Income from other trading activities | ||||||||
| Income from Investments | 4774 | 4774 | ||||||
| Income from Charitable activities | ||||||||
| Other income | ||||||||
| Total income of restricted funds | 16187 | 4774 | 250 | 0 | 2051 | 9039 | 0 | 73 |
| Summary of expenditure of restricted funds | ||||||||
| Total | Fabric | Little Fishes | Love Gift | Lunch | Mission | People | Tea | |
| (Toddler) | & Chat | in Need | & Chat | |||||
| Expenditure on Raising Funds | 0 | |||||||
| Expenditure on Charitable activities | 26054 | 14203 | 154 | 300 | 1458 | 9039 | 900 | |
| Total expenditure of unrestricted funds | 26054 | 14203 | 154 | 300 | 1458 | 9039 | 900 | 0 |
13
Note 4(a) St Peter's Church Income of unrestricted funds
| 2024 | 2023 | ||||||
|---|---|---|---|---|---|---|---|
| Income and endowments | |||||||
| Donations and legacies | |||||||
| Fund | Description of Income | ||||||
| General | Regular Planned Giving | 63864 | 60007 | ||||
| Tax recovered | 14655 | 14108 | |||||
| Other collections and donations | 1535 | 7483 | |||||
| Special events/miscellaneous | 70 | 536 | |||||
| ______ | 80124 | ______ | 82134 | ||||
| Daphne Swatman Mission | Donations | 300 | 309 | ||||
| ----------- | ----------- | ||||||
| 80424 | 82443 | ||||||
| ====== | ===== | ||||||
| Income from Investments | |||||||
| Fund | Description of Income | ||||||
| Daphne Swatman Mission | Interest | 817 | 437 | ||||
| ----------- | ----------- | ||||||
| 817 | 437 | ||||||
| ===== | ===== | ||||||
| Income from Charitable activities | |||||||
| Fund | Description of Income | ||||||
| General | Wedding etc. fees | 791 | 1978 | ||||
| ===== | ===== | ||||||
| Note 4(b) St Peter's Church | |||||||
| Expenditure of unrestricted funds | |||||||
| 2024 | 2023 | ||||||
| Expenditure on Charitable | activities | ||||||
| Fund | Description of Expenditure | ||||||
| General | Parish Share paid to | ||||||
| Diocese | 63670 | 61930 | |||||
| Clergy, readers & others' expenses | 493 | 1035 | |||||
| Bibles, wine, candles & flowers | 195 | 816 | |||||
| Musical activities costs | 632 | 402 | |||||
| Utilities, insurance & maintenance | 3116 | 4759 | |||||
| Wedding etc. expenses | 50 | 581 | |||||
| Specific groups/services | 613 | 311 | |||||
| ______ | 68769 | ______ | 69834 | ||||
| Parish administration | 4439 | 3683 | |||||
| Depreciation | |||||||
| Printing, photocopying and advert. | 419 | 343 | |||||
| Miscellaneous | 170 | 73 | |||||
| Independent Examination Fee | 312 | 100 | |||||
| ______ | 5340 | ______ | 4199 | ||||
| General | Grants made | 6191 | 6551 | ||||
| ______ | 80300 | ______ | 80584 | ||||
| Daphne Swatman Mission | Outreach expenditure | 1416 | 1223 | ||||
| ----------- | ----------- | ||||||
| Total | 81716 | 81807 | |||||
| ====== | ===== |
14
Note 4(c) St Peter's Church Income of restricted funds
| Note 4(c) St Peter's Church Income of restricted funds |
|||||
|---|---|---|---|---|---|
| 2024 | 2023 | ||||
| Income and endowments | |||||
| Donations and legacies | |||||
| Fund | Description of Income | ||||
| Fabric | Donations | 0 | 0 | ||
| Little Fishes | Donations & subscriptions | 250 | 120 | ||
| Love Gift | Donations | 0 | 0 | ||
| Lunch and Chat | Donations & subscriptions | 2051 | 0 | ||
| Mission | Collections and monthly giving | 9039 | 9287 | ||
| People in Need | Donations | 0 | 0 | ||
| Tea and Chat | Donations | 73 | 0 | ||
| ----------- | ------------ | ||||
| Total | 11413 | 9407 | |||
| ====== | ======= | ||||
| Income from Investments | |||||
| Fund | Description of Income | ||||
| Fabric | Interest | 4774 | 2736 | ||
| ----------- | ----------- | ||||
| Total | 4774 | 2736 | |||
| ===== | ===== | ||||
| Note 4(d) St Peter's Church | |||||
| Expenditure of restricted funds | |||||
| 2024 | 2023 | ||||
| Expenditure on raising Funds | |||||
| Fund | Description of Expenditure | ||||
| Expenditure on Charitable activities | |||||
| Fund | Description of Expenditure | ||||
| Fabric | Building Extension | 10352 | 6444 | ||
| Insurance | 1362 | 1092 | |||
| Maintenance | 2119 | 2670 | |||
| Miscellaneous | 370 | 352 | |||
| ______ | 14203 | ______ | 10558 | ||
| Little Fishes | Expenditure of Toddlers | 154 | 52 | ||
| Love Gift | Support given | 300 | 2200 | ||
| Lunch and Chat | Provision of meals | 1458 | |||
| Mission | Grants made | 9039 | 9287 | ||
| People in Need | Support given | 900 | |||
| Tea and Chat | Social expenditure | ||||
| --------- | -------- | ||||
| 26054 | 22097 | ||||
| ===== | ===== | ||||
| Note 5 St Peter's Church | |||||
| Details of Fund Balances at | end of year | ||||
| Fund Balances | 2024 | 2023 | |||
| £ | £ | ||||
| Unrestricted Funds | General Fund | 27033 | 27618 | ||
| Daphne Swatman Mission | 18276 | 18575 | |||
| --------- | ----------- | ||||
| 45309 | 46193 | ||||
| ===== | ====== | ||||
| Restricted Funds | Fabric | 276173 | 285602 | ||
| Surplus on Fabric portfolio | 78701 | 70068 | |||
| Little Fishes (Toddler Group) | 475 | 379 | |||
| Love Gift | 1546 | 1246 | |||
| Lunch and Chat | 593 | 0 | |||
| Mission | 0 | 0 | |||
| People in Need | 4850 | 5150 | |||
| Tea and Chat | 73 | 0 | |||
| --------- | ----------- | ||||
| 362411 | 362445 | ||||
| ===== | ===== |
15
Note 6 Thomas Clarkson Centre Details of income and expenditure
Destination
Note THOMAS CLARKSON CENTRE
For the year ended 31 December 2024
| 2024 | 2024 | 2024 | 2023 | 2023 | 2023 | ||
|---|---|---|---|---|---|---|---|
| £ | £ | £ | £ | ||||
| General Fund | |||||||
| Income | |||||||
| 6(a) | Local Authority Grant | 1000 | |||||
| Diocesan Energy Grant | 1004 | ||||||
| 6(b) | Donations | 0 | |||||
| 6(c) | Hiring income | 46113 | 35874 | ||||
| 6(d) | Bank interest | 838 | 287 | ||||
| ______ | 47951 | _____ | 37165 | ||||
| Expenditure | |||||||
| Cleaning | 7976 | 7060 | |||||
| Gas | 4654 | 5928 | |||||
| Electricity | 1913 | 2231 | |||||
| Refuse Collection | 469 | 504 | |||||
| Water Rates | 983 | 667 | |||||
| Insurance | 1015 | 815 | |||||
| Maintenance & Fittings | 4364 | 4376 | |||||
| Building works | |||||||
| Internet | 548 | 500 | |||||
| Sundry expenditure | 349 | 264 | |||||
| Independent Examination | 156 | ||||||
| Administration of bookings | 6000 | 11000 | |||||
| Parish Share paid to Diocese | 12000 | 4000 | |||||
| 6(e) | ______ | (40427) | _____ | (37345) | |||
| _ | _ | ||||||
| Surplus/(deficit) for year | 7524 | (180) | |||||
| 6(g) | Balance b/f | 611395 | 611575 | ||||
| Transfer to Refurbishment Fund | (4000) | ||||||
| --------- | ---------- | ||||||
| 6(h) | Balance c/f | 614919 | 611395 | ||||
| ====== | ====== | ||||||
| Refurbishment Fund | |||||||
| 6(i) | Income | ||||||
| 6(j) | Expenditure | ||||||
| _ | _ | ||||||
| Surplus/(deficit) for year | 0 | 0 | |||||
| Balance b/f | 0 | 0 | |||||
| Transfer from General Fund | 4000 | 0 | |||||
| -------- | -------- | ||||||
| Balance c/f | 4000 | 0 | |||||
| ==== | ==== |
16
7 Staff costs
7 Staff costs 2024 2023 £ £ Thomas St Mary's St Peter's Clarkson Parish Parish Centre Wages, salaries and social security 57708 4439 12915 75062 65436
Notes to the Financial Statements (continued)
For the year ended 31 December 2024
During the year the PCC employed at St Mary's a Director of Music, an assistant organist, a choir leader, two parish administrators, a caretaker and a cleaner. The PCC also employed a cleaner at the Thomas Clarkson Centre. The parish administrators' roles were reorganised during 2021 on the basis of two part time jobs and were employed partly on work related to St Mary's, St Peter's and the Thomas Clarkson Centre. During 2024 the PCC started to employ a youth worker meeting the needs of both churches based mainly at St Mary's.
All employees earned below £60,000 pa. All employees were employed part time.
The average number of full time equivalent employees for the year for the Parish was 4.
Employers' National Insurance costs amounting to £ nil (2023 £ nil) were included in the costs reported in this note.
Employers' occupational pension costs under a defined contribution scheme with NEST amounted to £2,991 (2023 £2,440).
The salaries paid in the year to PCC employees who were also members of PCC or close family of such members were as follows: Administrator including Events Management Mrs J Crofts £23,129.
The salaries of the Administrators are set by St Mary's Finance Committee. Mrs J Crofts is not a member of that committee. The salaries are endorsed by the PCC. Mrs J Crofts disqualifies herself from consideration by the PCC of her salary.
Three members of the PCC were reimbursed travelling, telephone and other expenses totalling £2,024.
8 Investment Income
The gross investment income arising from each class of investment is disclosed as follows.
| 2024 | 2023 | |||
|---|---|---|---|---|
| £ | £ | |||
| Thomas | ||||
| St Mary's St Peter's |
Clarkson | Parish | Parish | |
| Centre | ||||
| Income from investments listed on a | ||||
| recognised stock exchange and from ones | ||||
| valued by reference to such investments | 21600 | 21600 | 21236 | |
| Other investments - cash deposits | 3794 5591 |
838 | 10223 | 6667 |
| __ ___ | _____ | ______ | _____ | |
| 25394 5591 |
838 | 31823 | 27903 | |
| ===== ===== | ===== |
====== | ===== | |
| 9 Transfers between Funds | ||||
| Funds affected | Reason for transfer | |||
| St Mary's | 2024 | 2023 | ||
| £ | £ | |||
| From Fabric Fund to General Fund | Insurance/alarm on Fabric met by Fabric Fund | 8768 | 6763 | |
| To General Fund from Fabric Fund | Insurance/alarm on Fabric met by Fabric Fund | (8768) | (6763) | |
| From Fabric Fund to General Fund | Cost of heating Fabric met by Fabric Fund | 6159 | ||
| To General Fund from Fabric Fund | Cost of heating Fabric met by Fabric Fund | (6159) | ||
| To Sound Fund from General Fund | Maintenance and operation of sound system | 500 | 750 | |
| From General Fund to Sound Fund | Maintenance and operation of sound system | (500) | (750) | |
| From Projects Fund to General Fund | Donations restricted to paying Staff wages | 5800 | 5083 | |
| To General Fund from Projects Fund | Donations restricted to paying Staff wages | (5800) | (5083) | |
| From Projects Fund to General Fund | Donations from Time Together | 44 | ||
| To General Fund from Projects Fund | Donations from Time Together | (44) | ||
| To Clergy Housing Fund from General Fund | Addition to designated fund to maintain housing | 800 | 800 | |
| From General Fund to Clergy Housing Fund | Addition to designated fund to maintain housing | (800) | (800) | |
| From Mission Development Fund to General Fund | Investment income used to support General Fund | 3663 | 3535 | |
| To General Fund from Mission Development Fund | Investment income used to support General Fund | (3663) | (3535) | |
| From Mission Development Fund to General Fund | Previous years' income to support General Fund and restoration | (27138) | 10868 | |
| To General Fund from Mission Development Fund | Previous years' income to support General Fund and restoration | 27138 | (10868) | |
| From Mission Development Fund to Fabric Fund | Cost of pew cushions borne by Mission Development Fund | 12035 | ||
| To Mission Development Fund from Fabric Fund | Cost of pew cushions borne by Mission Development Fund | (12035) | ||
| __ | ______ | |||
| Total Transfers | 0 | 0 | ||
| ======= | ======= | |||
| St Peter's | 2024 | 2023 | ||
| £ | £ | |||
| From General Fund to Love Gift Fund | Tithed giving to support Love Gift Fund | 600 | 600 | |
| To Love Gift Fund from General Fund | Tithed giving to support Love Gift Fund | (600) | (600) | |
| From General Fund to People in Need | Tithed giving for People in Need Fund | 600 | 600 | |
| To People in Need from General Fund | Tithed giving for People in Need Fund | (600) | (600) | |
| To General Fund from Social & Fellowship Fund | Social & Fellowship activities absorbed in General | 1705 | ||
| From Social & Fellowship Fund to General Fund | Social & Fellowship activities absorbed in General | (1705) | ||
| __ | ______ | |||
| 0 | 0 | |||
| ======= | ======= | |||
| Thomas Clarkson Centre | 2024 | 2023 | ||
| £ | £ | |||
| From General Fund to Refurbishment Fund | Creation of designated fund for work on building & | contents | (4000) | |
| To Refurbishment Fund from General Fund | Creation of designated fund for work on building & | contents | 4000 | |
| __ | ______ | |||
| 0 | 0 | |||
| ======= | ======= |
17
Notes to the Financial Statements (continued)
For the year ended 31 December 2024
| 10 Fixed assets for use by PCC | 10 Fixed assets for use by PCC | St Mary's | ||||
|---|---|---|---|---|---|---|
| £ | ||||||
| General Office Equipment |
Projector | Audio Visual Equipment |
Copier | Total | ||
| Cost | At 31 December 2023 | 1767 | 6695 | 0 | 2645 | 11107 |
| Additions | 0 | |||||
| Disposals | 0 | |||||
| Cost | At 31 December 2024 | 1767 | 6695 | 0 | 2645 | 11107 |
| ==== | ==== | ==== | ==== | ==== | ||
| Accumulated depreciation | At 31 December 2023 | 1767 | 6695 | 0 | 2645 | 11107 |
| Charge for year | 0 | 0 | ||||
| Depreciation on disposals | 0 | |||||
| Accumulated depreciation | At 31 December 2024 | 1767 | 6695 | 0 | 2645 | 11107 |
| ==== | ==== | ==== | ==== | ==== | ||
| Net Book Value | At 31 December 2024 | 0 | 0 | 0 | 0 | 0 |
| ==== | ==== | ==== | ==== | ==== | ||
| Net Book Value | At 31 December 2023 | 0 | 0 | 0 | 0 | 0 |
| ==== | ==== | ==== | ==== | ==== | ||
| St Peter's | ||||||
| £ | ||||||
| Chairs | Audio Visual Equipment |
Copier | Total | |||
| Cost | At 31 December 2023 | 9419 | 0 | 1323 | 10742 | |
| Additions | 0 | |||||
| Disposals | 0 | |||||
| Cost | At 31 December 2024 | 9419 | 0 | 1323 | 10742 | |
| ==== | ==== | ==== | ==== | |||
| Accumulated depreciation | At 31 December 2023 | 9419 | 0 | 1323 | 10742 | |
| Charge for year | 0 | 0 | ||||
| Depreciation on disposals | 0 | |||||
| Accumulated depreciation | At 31 December 2024 | 9419 | 0 | 1323 | 10742 | |
| ==== | ==== | ==== | ==== | |||
| Net Book Value | At 31 December 2024 | 0 | 0 | 0 | 0 | |
| ==== | ==== | ==== | ==== | |||
| Net Book Value | At 31 December 2023 | 0 | 0 | 0 | 0 | |
| ==== | ==== | ==== | ==== | |||
| Thomas Clarkson Centre | ||||||
| £ | ||||||
| 2024 | 2023 | |||||
| Property at valuation | At 31 December 2012 & 2013 | 250000 | 250000 | |||
| Expenditure of Development to 31 December 2009 | 21776 | 21776 | ||||
| Expenditure of Development Y/E 31 December 2010 | 104934 | 104934 | ||||
| Expenditure of Development Y/E 31 December 2011 | 185375 | 185375 | ||||
| Expenditure of Development Y/E 31 December 2012 | 7714 | 7714 | ||||
| Expenditure of Development Y/E 31 December 2013 | 3800 | 3800 | ||||
| ______ | ______ | |||||
| Valuation and development | expenditure at end of year | 573599 | 573599 | |||
| ======= | ====== |
The Clarkson Centre has been included at a valuation as at 31 December 2005 together with expenditure on work on the extension to the Centre. The valuation was carried out by Tony Redman, MA, BSc, FRICS, IHBC. His qualification to carry out this valuation is as a partner in the firm of Whitworth Co-Partnership, Chartered Architects and Surveyors.
The basis of valuation is to value the PCC's freehold interest in the School Unit, car park and orchard at Hospital Road Bury St Edmunds on a "value in use" basis. The valuation excludes the consecrated ground and the structure of St Peter's Church. It recognises that the use of the site is limited to any ecclesiastical purpose affecting the parish and any purposes in connection with educational schemes for providing facilities for the spiritual moral and physical training of persons residing in or near the parish. The title to the site is held as custodian trustee by the Diocesan Board of Finance.
There are no surviving records of the historical cost of this site.
It was not valued prior to 2005, since, under SORP 1995, it has been excluded from the Balance Sheet by reason of its having been regarded as an "historic asset".
Depreciation has not been charged in respect of the Thomas Clarkson Centre. This is in the context of the potential depreciation charge and the accumulated depreciation not being material because the estimated residual value of the asset is not materially different from the carrying amount of the asset. The asset has been subject to an impairment review. That review has concluded that the net realisable value is not lower than the net book value.
18
Notes to the Financial Statements (continued)
For the year ended 31 December 2024
| 11 Investments - fixed assets | ||
|---|---|---|
| St Mary's | 2024 | 2023 |
| £ |
£ | |
| Endowments at market value | 54093 | 52884 |
| General Fund assets | ||
| - Central Board of Finance at market value (cost £1406; 2023 £1406) | 32511 | 31783 |
| Chancel Repair assets at market value | ||
| - St Edmundsbury and Ipswich DBF | 11381 | 10974 |
| Rae portfolio at market value | ||
| - Central Board of Finance Investment Fund (cost £101503; 2023 £101503) | 221022 | 216077 |
| __ | __ | |
| 319007 | 311718 | |
| ======= | ======= | |
| Croasdale and Fabric Committee portfolios at market value | ||
| - Central Board of Finance Investment Fund (cost £15453; 2023 £15453) | 32389 | 31665 |
| Mission Development portfolio at market value | ||
| - Central Board of Finance Fixed Interest Fund (cost £9447; 2023 £9447) | 8338 | 8094 |
| - Central Board of Finance Investment Fund (cost £54764; 2023 £54764) | 107206 | 104807 |
| Porter portfolio at market value | ||
| - CBF Investment Fund (cost £71487; 2023 £71487) | 100848 | 98591 |
| ______ | ______ | |
| 248781 | 243157 | |
| ======= | ======= | |
| St Mary's: for Fabric Fund | ||
| Fursland CBF portfolio (original value £163,996; 2023 £163,996) | 245812 | 240312 |
| ______ | ______ | |
| 245812 | 240312 | |
| ===== | ===== | |
| 12 Investments | ||
| St Peter's | 2024 | 2023 |
| £ |
£ | |
| Fabric portfolio at market value | ||
| - Central Board of Finance Investment fund (cost£100,000; 2023 £100,000) | 178701 | 170068 |
| ===== | ===== |
13 Debtors
| 13 Debtors | |||||
|---|---|---|---|---|---|
| St Mary's St Peter's | Thomas Clarkson |
Parish | Parish | ||
| Centre | 2023 | ||||
| Tax recoverable: | |||||
| restricted funds | 640 | 640 | 495 | ||
| unrestricted funds | 0 | ||||
| Restricted funds | 2791 | 2791 | 1146 | ||
| Prepayments | 555 | 555 | 401 | ||
| Amounts due from other | |||||
| parts of Parish | 213 | 213 | 0 | ||
| Other debtors | 33122 | 1774 | 34896 | 6261 | |
| ______ | _ | _ | ______ | ______ | |
| 37321 | 0 | 1774 | 39095 | 8303 | |
| ====== | ======= | ====== | ====== | ====== | |
| 14 Current liabilities | |||||
| St Mary's St Peter's | Thomas Clarkson |
Parish | Parish | ||
| Centre | 2023 | ||||
| Creditor restricted funds: | |||||
| Mission collections | 2405 | 1842 | 4247 | 3167 | |
| Fabric | 0 | 0 | |||
| Other | 146 | 146 | 0 | ||
| Accruals & deferred income | 19876 | 4800 | 8961 | 33637 | 23838 |
| Amounts due to other | |||||
| parts of Parish | 213 | 213 | 0 | ||
| Other creditors | 4506 | 3 | 4509 | 4518 | |
| ______ | _____ | _____ | ______ | _____ | |
| 26933 | 6645 | 9174 | 42752 | 31523 | |
| ====== | ===== | ====== | ====== | ===== |
19
Notes to the Financial Statements (continued) For the year ended 31 December 2024
15 Loans
No loans received from outside the PCC were outstanding at any time in the period of these financial statements
| 16 Analysis of Net Assets by Fund | |||||
|---|---|---|---|---|---|
| St Mary's | Unrestricted | Restricted | Endowment | Total | Total |
| Funds | Funds | Funds | 2023 | ||
| £ | £ | £ | £ | ||
| Fixed asset investments | |||||
| Endowments | 54093 | 54093 | 52884 | ||
| CBF Investments | 32511 | 32511 | 31783 | ||
| DBF Investments | 11381 | 11381 | 10974 | ||
| Rae portfolio | 221022 | 221022 | 216077 | ||
| Porter portfolio | 100848 | 100848 | 98591 | ||
| Tangible assets | 0 | 0 | |||
| Current asset investments | |||||
| Croasdale & Fabric Committee | 32389 | 32389 | 31665 | ||
| CBF Mission Development portfolio | 115544 | 115544 | 112901 | ||
| Stock of guides, cards & books | 4202 | 4202 | 1265 | ||
| Debtors & prepayments | 33890 | 3431 | 37321 | 7802 | |
| CBF Deposit Fund balances | 15187 | 29638 | 44825 | 44825 | |
| Bank balances & deposits | 49796 | 85639 | 135435 | 137715 | |
| Creditors | (24382) | (2551) | (26933) | (19185) | |
| _ | _ | ______ | __ | __ | |
| 226748 | 481797 | 54093 | 762638 | 727297 | |
| Current asset investment | |||||
| For St Mary Fabric Fund | |||||
| Reginald Fursland portfolio | |||||
| CBF Investment Fund | 245812 | 245812 | 240312 | ||
| CBF Deposit Fund balances | 211 | 211 | 211 | ||
| _ | _ | ______ | __ | __ | |
| 226748 | 727820 | 54093 | 1008661 | 967820 | |
| ======= | ======= | ====== | ======= | ======= | |
| St Peter's | Unrestricted | Restricted | Total | Total | |
| Funds | Funds | 2023 | |||
| £ | £ | £ | £ | ||
| Tangible Assets | 0 | 0 | |||
| Bank balances & deposits | 50112 | 185552 | 235664 | 240301 | |
| CBF Investments | 178701 | 178701 | 170068 | ||
| Debtors & prepayments | 0 | 0 | |||
| Creditors | (4803) | (1842) | (6645) | (1731) | |
| _ | _ | __ | __ | ||
| 45309 | 362411 | 407720 | 408638 | ||
| ======= | ======= | ======= | ======= | ||
| Thomas Clarkson Centre | Unrestricted | Restricted | Total | Total | |
| Funds | Funds | 2023 | |||
| £ | £ | £ | £ | ||
| Property | 250000 | 250000 | 250000 | ||
| Expenditure on development | 323599 | 323599 | 323599 | ||
| Bank balances & deposits | 52720 | 52720 | 47902 | ||
| Debtors & prepayments | 1774 | 1774 | 501 | ||
| Creditors | (9174) | (9174) | (10607) | ||
| _ | _ | __ | __ | ||
| 618919 | 0 | 618919 | 611395 | ||
| ======= | ======= | ======= | ======= |
20
Notes to the Financial Statements (continued)
For the year ended 31 December 2024
17 Fund details St Mary's
| 17 Fund details St Mary's |
17 Fund details St Mary's |
|---|---|
| The unrestricted funds were designated as follows : | |
| General Fund | furtherance of the mission of St Mary's |
| Surplus on CBF shares | surplus on General Fund investment therefore available to supplement General Fund |
| Clergy Housing Fund | fund to finance maintenance of Clergy Housing for areas not maintained by Diocese |
| Mission Development | financing of projects to advance the mission of St Mary's |
| Surplus on Mission | surplus on Mission Development Fund investments therefore available to supplement |
| Development portfolio | Mission Development Fund |
| Social & Fellowship Fund | internal and external mission |
| Sound Fund | maintenance and refurbishment of sound system |
| Tiddlywinks/Happy Hands Fund | work with young children & parents |
| The restricted funds consist of: | |
| Choir Association | to maintain and develop St Mary's Choir |
| Fabric Fund | to maintain and improve the Church fabric |
| Flowers Fund | provision of flowers and floral displays |
| Grant Aided Youth Work Fund | to provided Youth Work support by Diocesan grants |
| Mission Fund | collections on behalf of other church societies & secular charities |
| Organ Fund | to renovate and improve the Church organ |
| Phoenix Folk Group Fund | to bring music to the wider community; dormant |
| Projects Fund | Projects to improve the environment for worship within St Mary's |
| Surplus on Fursland portfolio | Surplus on investments held from 2011 for Fabric Fund therefore available to |
| supplement Fabric Fund | |
| Surplus on Porter portfolio | Surplus on Fabric Fund investments therefore available to supplement Fabric Fund |
| Surplus on Rae portfolio | Surplus on Fabric Fund investments therefore available to supplement Fabric Fund |
| Surplus on DBF deposit | to maintain and improve the Church fabric particularly the Chancel |
| Surplus on Croasdale | |
| bequest & fabric stocks | Surplus on Fabric Fund investments therefore available to supplement Fabric Fund |
| The endowment funds consist of | : |
| Name | Value (£) Valuation Date Endowment in favour of |
| Sayer bequest | 32950 31/12/2024 Fabric |
| Plumpton bequest | 10035 31/12/2024 Organ |
| Raingate Street charity | 4023 31/12/2024 General/Mission Development |
| Chancel Repair Fund | 5665 31/12/2024 Fabric/insurance |
| J Sutton | 426 31/12/2024 General |
| St Mary's Estate | 740 31/12/2024 General |
| Lady Rivers Charity | 254 31/12/2024 General |
Though St Mary's receives the income on the Sayer Bequest, Plumpton bequest and Raingate Street Charity, and is entitled to the income on the Chancel repair fund, the capital is held by the Diocesan Board of Finance, as custodian trustee who hold the capital in the form of shares in the Central Board of Finance Investment Fund. St Mary's PCC holds the capital of the J Sutton, St Mary's Estate and Lady Rivers Charity in the form of shares in COIF Charities Investment Fund, shares in the CBF Investment Fund and shares in the CBF Investment Fund respectively. These are all permanent endowments which the PCC is not permitted to realise.
21
Notes to the Financial Statements (continued)
For the year ended 31 December 2024
17 Fund details (Continued) St Peter's
The unrestricted fund consists of :
General Daphne Swatman Mission Fund
furtherance of the mission of St Peter's bequests and donations for the development of mission This fund was characterised prior to 2013 as a Restricted Fund In 2016 this fund was renamed and absorbed the balance of the formerly named Mission Development Fund
The restricted funds consist of:
Fabric Fund
Surplus on Fabric portfolio
Little Fishes (Toddler Group) Fund Love Gift Fund
Lunch and Chat Fund Mission Fund People in Immediate Need Fund People in Need Fund Social & Fellowship Fund Tea and Chat Fund
to maintain, reorder and improve the Church fabric In 2016 this fund was renamed and absorbed the balance of the formerly named Reordering Fund Surplus on Fabric Fund investments therefore available to supplement Fabric Fund work with young children & parents giving a gift that is not urgent or essential but an expression of God’s love, expressed through His church provision of meals and companionship for older people collections on behalf of other church societies & secular charities renamed 2024 People in Need Fund giving relief to people in need internal and external mission; dormant contributions from an informal series of afternoon meetings
Thomas Clarkson Centre
The unrestricted fund consists of: General Fund letting and investment income and running costs Refurbishment Fund reserves designated to be used for major work on building & contents The restricted fund consists of: Appeal for equipment Special appeal for equipment and expenditure on that equipment; dormant
18 Bequests
The total bequests and donations in memoriam for the year were as follows
| 2024 | 2023 | |||
|---|---|---|---|---|
| £ | £ | |||
| St Mary's | St Peter's | Parish | Parish | |
| Restricted and Designated Funds | ||||
| including Fabric Fund | ||||
| Heulwen Stewart | 2000 | 2000 | ||
| Unrestricted Funds | ||||
| Anne Hutton | 607 | 607 | 1000 | |
| Jane Aston | 1000 | 1000 | 5898 | |
| _ | _ | ______ | _ | |
| 3607 | 0 | 3607 | 6898 | |
| ======= | ======= | ====== | ====== |
19 Grants made and collections paid to others
The following grants were made to other organisations and individuals
| 2024 | 2023 | |
|---|---|---|
| £ | £ | |
| St Mary's | ||
| from restricted funds | 4816 | 6657 |
| from unrestricted funds | 17906 | 13166 |
| ---------- | ---------- | |
| total | 22722 | 19823 |
| ===== | ===== | |
| St Peter's | ||
| from restricted funds | 9039 | 9287 |
| from unrestricted funds | 6191 | 6551 |
| ---------- | ---------- | |
| total | 15230 | 15838 |
| ===== | ===== | |
| Parish total | 37952 | 35661 |
| ===== | ===== |
22
Notes to the Financial Statements (continued)
For the year ended 31 December 2024
19 Grants made and collections paid to others (Continued)
The recipients of these grants were as follows:
| 2024 | 2023 | |||
|---|---|---|---|---|
| St Mary's | St Peter's | Parish | Parish | |
| £ | £ | |||
| A2B (Aid to Balkans) | 1200 | 1200 | 1200 | |
| BCY | 1671 | 1200 | 2871 | 2127 |
| Bury Drop In Centre | 1671 | 1671 | 1032 | |
| Bury Town Pastors | 1671 | 1200 | 2871 | 1450 |
| CAP (Christians Against Poverty) | 1200 | 1200 | 1200 | |
| Churches Together | 141 | 66 | 207 | 132 |
| Dignity Freedom Network | 1671 | 1671 | 937 | |
| Global Hope | 105 | 105 | 942 | |
| Gwomtanzi church roof appeal | 0 | 1381 | ||
| Montgomery Heights | 1671 | 1671 | 1422 | |
| OMF International | 20 | 20 | 0 | |
| Open Doors | 1145 | 1145 | 1673 | |
| RAF Benevolent Fund | 562 | 562 | 644 | |
| Royal British Legion | 903 | 25 | 928 | 793 |
| St George's Day | 123 | 123 | 0 | |
| SIM/Fifields | 6488 | 6488 | 6380 | |
| SIM/How will they Hear/Greece | 1200 | 1200 | 1200 | |
| Simeon Trustees | 100 | 100 | 200 | 200 |
| Sporting 87 | 1671 | 1671 | 922 | |
| Storehouse | 9039 | 9039 | 9332 | |
| Tanzania Church Partnership Association | 0 | 0 | ||
| Tearfund | 1891 | 1891 | 270 | |
| Turkey/Syria appeal | 0 | 678 | ||
| Ukraine Appeals | 1218 | 1218 | 1361 | |
| Other | 0 | 385 | ||
| --------- | --------- | --------- | --------- | |
| 22722 | 15230 | 37952 | 35661 | |
| ====== | ===== | ====== | ====== |
23
Notes to the Financial Statements (continued)
For the year ended 31 December 2024
20 Restatements made to 2023 financial statements
No restatements were made to the statutory financial statements
21 PCC responsibilities for repair
No general provision has been made in the accounts for liabilities to maintain the Church buildings.
At St Mary's all major work identified by the latest quinquennial survey was carried out in 2023, and the minor snagging items referred to in the last statements completed in 2024. No large items of expenditure on fabric are expected to be incurred in 2025.
A quinquennial inspection of St Peter's church was carried out in March 2022. Two sections were identified as needing remedial works and repairs at estimated costs of £4,000 for general repair work and £9,500 for repairs to stonework. Some of the general repair works have been carried out by church members. Stonework repairs were planned for late Spring 2023 and are expected to take place in Spring 2025 subject to approval of the schedule of work. The cost of this work is now expected to have increased by ca. £1,000
A revised scheme for the proposed extension to the main building has been put forward and gained initial Local Authority approval. Revised plans have DAC approval in very general terms and further comments from the Victorian Society have been discussed. T Purcell are working to RIBA Stage 4 including submission to the DAC and Local Authority for approval at the end of March 2025. Anticipated costs are planning preparation £2,000 to end of Stage 3. Submission £1,275 plus Local Authority fee. Stage 4 £15,600. All these estimates are before addition of VAT.
Work was completed in 2013 on a major scheme affecting the structure of the Thomas Clarkson Centre. Further refurbishment and security work was carried out in 2019. Further refurbishment is expected in future years dependent on available resources.
22 Material transactions with members of the PCC
Other than the remuneration and benefits referred to in note 7 above, there have been no material transactions undertaken in the name of or on behalf of the PCC in which any person connected with the PCC has a material interest. The total income donated by members of the PCC amounted to £43,356. This amount does not include recurrent recoveries of tax under the Gift Aid provisions, which are estimated to amount to £10,839 .
23 Remuneration of auditor/independent examiner
Robin Jackson, director of Churchgate Accountants Ltd, Bury St Edmunds has acted as independent examiner of the 2023 financial statements.
These statements contain a cost of £200 in respect of Independent Examination of the 2023 financial statements and report and a provision of £1,560 in respect of Independent Examination for 2024. For 2023 the £200 was the net cost to the PCC; that net cost was made up of a charge of £1,200, reduced by a donation of £1,000 to the PCC by Churchgate Accountants Ltd.
No fees were paid to the Independent Examiner in respect of any other services rendered to the PCC. Fees were paid to Churchgate Accountants Ltd of £1,620 (2023 £1,164) in respect of the provision of payroll services.
24 Insurance of buildings
The insurance cover of the buildings and contents at January 2024 were as follows : St Mary's Church £48,230,000, St Peter's Church £6,650,000 and Thomas Clarkson Centre £3,300,000. The valuations were based on surveys carried out in 2023 and include improvement work at the Thomas Clarkson Centre. Insurance cover is 100% of the valuations of St Mary's, St Peter's and the Thomas Clarkson Centre.
24
Independent Examiner's Report to the trustees of St Marfs with St Peterfs Parochial Church Council I report on the accounts of St Marfs With St Peterfs Parochial Church Council for the year ended 31 December 2024, which are set out on pages I to 24. This report is made solely to the trustees. as a body. in accordance with the General Direction5 given by the Charity Comrni55ion. My work has been undertaken so that I might state to the charity's trustees those matters l am required to state to them in an independent examiner's report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the charity and the charity'5 trustees as a body, for my work. for this report. or for the opinion51 have formed. Respettive respon51bllltles of the trustees and examlnei The charity's trustees are responsible for the preparation of the accounts. The trustee5 consider that an audit is not required for thi5 year under section 144 of the Charities Act 2011 Ithe Charities Actl and that an independent examination is needed. The charlS gross income exceeded £250.QM)O and l am qualified to undertake the examination by bein8 a qualified member of the ICAEW. It is my responsibility to: examine the accounts under section 145 of the Charities Act- follow the procedures laid down in the General Directions given by the Chority Commission under section 14515llbl of the Charities Act: and to state whether particular matters have come to my attention. Basis of Independent examlnerfs report My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeks explanation5 from you os trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts Present a 'true and fairf view and the report is limited to those matters set out in the statement below. Independent emamlner's statement In connection with my examination, no material matters have come to my attention which give5 me cause to believe that in, any material respect-. the accounting records were not kept in accordance with section 130 of the Charities Art,. or the accounts did not accord with the accounting records: or the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2LI)8 other than any requirement that the accounts give o 'true and fairf view which is not a matter considered a5 part of an independent examination. I have come across no other matters in connection with the examination to which attention shoLJld be drawn in thi5 rep order to enable a proper understanding of the accounts to be reached. Signed Robin Jackson FCA Chartered Accountant Churchgate Accountants Limited Langton Place Bury St Edmunds