**Charity Registration No. 1135365**
## **BOLTON PARISH CHURCH**
## **PARISH CHURCH OF**
## **ST PETER BOLTON-LE-MOORS**
**TRUSTEES REPORT AND UNAUDITED ACCOUNTS FOR THE YEAR ENDED 31 DECEMBER 2024**
i
**THE PARISH CHURCH OF ST PETER BOLTON-LE-MOORS**
**LEGAL AND ADMINISTRATIVE INFORMATION**
**Trustees** Mrs F Adegbaju Revd S Cook ~~a~~ Mr I Darbyshire Mrs L Easterman Mr D J Eckersley Mrs H Haywood Revd I Hepburn Mrs S Hobson Revd H Lane Mr A J Mitchell Mr D F Morlidge MBE Mr S Maguire Ms N Mainwaring Revd Canon Professor K Newport Mrs R-M Newport Canon J Walsh OBE Mr **M** Wells Miss E F Weston Mr G Whalley Mr T J Whillas
**Chair**
**Treasurer Secretary Charity number Principal address**
## **Independent examiner**
**Bankers**
Revd H Lane Mr A J Mitchell Mr I Darbyshire 1135365 St Peter's Parish Church Silverwell Street Bolton BL 1 1PS Mr Andrew Simm FC A Smith & Goulding Limited Hamill House 112-11 6 Chorley New Road Bolton BL 1 4DH Royal Bank of Scotland PLC Bolton Group Branch 1 Spinningfields Square Manchester M33AP
II
**THE PARISH CHURCH OF ST PETER BOLTON-LE-MOORS CONTENTS**
||**Page**|
|---|---|
|Trustees Report|iv-vii|
|Independent Examiner's Report|viii|
|Statement of Financial Activities|ix|
|Balance Sheet|x|
|Notes To The Accounts|xi-xxii|
iii
## **THE PARISH CHURCH OF ST PETER BOLTON-LE-MOORS TRUSTEES REPORT** _**FOR THE YEAR ENDED 31 DECEMBER 2024**_
The Trustees present their report and accounts for the year ended 31 December 2024.
The accounts have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the Charity's Trust deed, the Charities Act 2011 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 (FRS 102) (effective 1 January 2019)".
## **Aim and Purposes**
St Peter Bolton-Le-Moors Parochial Church Council (PCC) has the responsibility of co-operating with the incumbent, in promoting in the ecclesiastical parish, the whole mission of the Church, pastoral, evangelical, social and ecumenical. The PCC is also specifically responsible for the maintenance of the Church of St Peter, Silverwell Street, Bolton.
## **Objectives and Activities**
The PCC is committed to enabling Anglican Witness in the Heart of Bolton. Bolton Parish Church is the civic church of Bolton rooted in the Anglican choral tradition and is known throughout the town as ‘The Parish Church’. We seek to build on our location and tradition by our worship, music, preaching and teaching, in our pastoral care and in our stewardship of our fine church building.
Through close partnership with our three foundation schools, we aim to contribute to the excellent education and spiritual development of children and young people in Bolton.
## **Public benefit statement**
When planning our activities for the year, we have considered the Commission’s guidance on public benefit and the supplementary guidance on charities for the advancement of religion. In particular, we try to enable ordinary people to live out their faith as part of our parish community through:
- Worship and prayer;
- Learning about the Gospel;
- Developing their knowledge and trust in Jesus.
- Provision of pastoral care for people living in the wider parish.
- Missionary and outreach work.
To facilitate this work, it is important that we maintain the fabric of the Church of St. Peter.
## **Achievements and Performance**
## _**Worship and Prayer**_
During 2024 services were held regularly at 8.00 a.m., 11.00 a.m., and 6.30 p.m. on Sundays and around midday on several days of the week and with Covid-19 restrictions being removed, communion is taken in both kinds.
We have celebrated 21 baptisms, 4 weddings and held 12 funerals in our church this year (a further 1 funeral was held at the crematorium).
## _**Deanery Synod**_
Nine members of the PCC sit on the Deanery Synod. This provides the PCC with an important link between the parish and the wider structures of the church. This year the PCC has also focused its attention on the questions posed to parishes in the Deanery about the most effective deployment of stipendiary and non-stipendiary clergy and Mission Communities.
## _**The Church Building and Grounds**_
During 2024 the PA system was upgraded, the roof alarm repaired and the driveway maintained, all funded with assistance from the Markland Trust. The roof, church alarms, fire alarm, pathway lights, and gutters were maintained.
## _**Mission and Evangelism**_
Helping those in need is a demonstration of our faith. Through our fundraising efforts £3,921 was given to local and national charities during 2024.
Our parish magazine is distributed on a monthly basis. The magazine keeps our parishioners informed of the important matters affecting our Church and articles that help develop our knowledge and trust in Jesus.
## _**Pastoral Care**_
The Clergy and others visit members of our Parish in home or hospital. Some members of our parish are unable to attend church due to sickness and age. The clergy and members of the Pastoral Care Team ensured that contact was made by regular phone calls and newsletters.
iv
## **THE PARISH CHURCH OF ST PETER BOLTON-LE-MOORS TRUSTEES REPORT** _**FOR THE YEAR ENDED 31 DECEMBER 2024**_
## _**Ecumenical Relationships**_
The church is a member of Churches Together in Bolton. Mission initiatives in the Town Centre such as Passion for Bolton are carried out on an ecumenical basis.
## **Financial Review**
Bolton Parish Church relies on a mixture of regular congregational giving coupled with additional income from activities both inside the Church and the use of the grounds to rent car parking spaces to local businesses. Regular congregational giving increased in 2024 to £41,316 (2023:£33,395), The Annual Gift Day raised £10,553 (2023:£8,931).
Car park income increased to £34,400 (2023:£32,345)
Income from the use of the Church building for filming and concerts increased to £14,116 from £7,782 in 2023 due to more concerts and Civic events.
Wedding & Funeral income retained by the PCC in 2024 was £3,054 compared with £1,548 in 2023.
Total receipts on unrestricted funds were £138,829 (2023:£118,884) of which £61,322 was unrestricted voluntary donations, and a further £14,932 was from Gift Aid.
£119,254 (2023:£129,960) was spent from the unrestricted funds to provide the Christian ministry from St. Peter’s Church including the contribution to the diocesan parish share. A further £16,795 was spent in 2024 to raise funds. This fund raising expenditure primarily relates to the business rates and other costs associated with the Church car park. Total expenditure from unrestricted funds was £136,049 in 2024 (2023: £144,883).
The sum that the churches in the Deanery have to find for Parish Share, which largely provides for the stipends and housing of the clergy, is shared between the churches on a negotiated/agreed basis and is forward set for a threeyear period. For 2023 the assessment was based on the previous 3 years attendance and income census. Our review took place in 2024 to agree a settlement figure for years 2024-2026,
Our Parish share was agreed at £55,000 for 2024, £59,000 for 2025 and £63,000 for 2026 (2023 £61,800).
Due to the prices increasing on new contracts, Electricity costs increased to £3,656 in 2024 (2023 £2,719) and gas increased to £19,473 (2023 £14,283).
The net result for the year was a surplus of receipts over payments of £2,780 (2023:£25,999 deficit) on unrestricted funds.
The annual revaluation of investment assets showed an increase of £1,551 on the values at the end of 2024. We realised £16,877 from investment asset sales in 2024.
There was an increase in bank and deposit balances during the year of £11,006.
The restricted funds include the expenditure relating to the roof alarm repairs, an upgraded PA System, driveway repairs. Music and Choir & Organ scholarships which has been recovered through grants from The Markland Trust. A grant from Hulme’s Bolton Lectureship Charity Estate (£15,040) was received towards the Lecturer’s housing and expenses. Also included in restricted funds are the Friends of Bolton Parish Church, the Tower and Flower funds, Sunday Morning Coffee funds and the Choir & Organ Scholarship.
The designated unrestricted funds are the Tuesday Group and the monies raised for the 2021 celebration of 150 years in the rebuilt and re-consecrated church.
## **Reserves Policy**
The PCC consider that they should hold six month’s average expenditure in bank accounts and easily realisable investments which has been achieved throughout the year. The PCC are in the fortunate position of being able to seek financial assistance by way of grant or loan from the Markland Trust for major building works and therefore do not hold any specific investments for this purpose. Funds are held in ethical investments.
## **Volunteers**
We would like to thank all the volunteers who work so hard to make our church the lively and vibrant community that it is. In particular we want to mention our churchwardens Canon Walsh & Miss Weston, the director of music Philip O’Connor, the choir, bell ringers, flower arrangers, social committee, pastoral committee, tea and coffee servers, RoseMarie Newport and the Sunday School leaders and our cleaners. All of these have worked so tirelessly on our behalf.
## **Structure, governance and management**
The method of appointment of PCC members is set out in the Church Representation Rules. The PCC is a registered with the Charity Commission (Charity Number 1135365).
v
## **THE PARISH CHURCH OF ST PETER BOLTON-LE-MOORS TRUSTEES REPORT** _**FOR THE YEAR ENDED 31 DECEMBER 2024**_
The PCC has related Charities and Trust Funds which have been founded over the years to assist and provide financial help to the Church when it is deemed to be needed by the Trustees of the various charities and trusts. These include The Markland Trust, The James Ormrod Trust, Bolton Relief In Need Charity and Hulme’s Bolton Lectureship Charity Estate.
At St. Peter’s the membership of the PCC consists of the incumbent (our Vicar), church wardens, the Lecturer and Parish clergy and members elected by those members of the congregation who are on the electoral roll of the church. All those who attend our services / members of the congregation are encouraged to register on the Electoral Roll and stand for election to the PCC.
The PCC members are responsible for making decisions on all matters of general concern and importance to the parish including how the funds of the PCC are spent. New members receive initial training into the workings of the PCC.
The full PCC met six times, either in person or remotely, during the year. Given its wide responsibilities the PCC has a number of committees, each dealing with a particular aspect of parish life. These committees which include pastoral, social, fabric and finance, are all responsible to the PCC and report back to it regularly with minutes of their decisions being received by the full PCC and discussed if necessary.
## **Administrative Information**
St. Peter Bolton- Le-Moors is situated off Silverwell Street, Bolton. It is part of the Diocese of Manchester within the Church of England. The correspondence address is St Peter’s Parish Hall, Silverwell Street, Bolton BL1 1PS. The PCC is a body corporate (PCC Powers Measure 1956, Church Representation Rules 2006) and a charity registered with the Charity Commission.
PCC members who have served during the year are: Ex Officio Members Incumbent: The Reverend Hannah Lane (appointed October 2024) Clergy: The Reverend Simon Cook Clergy: The Reverend Canon Professor Kenneth Newport Clergy: The Reverend Grace Gaze (resigned October 2024) Clergy: The Reverend Ian Hepburn Churchwarden & Deanery Synod: Canon John Walsh OBE Churchwarden & Deanery Synod: Miss Evelyn Weston Deanery Synod: Mrs Lesley Easterman Deanery Synod: Mr Ian Darbyshire Elected: Mrs Funmi Adegbaju (appointed May 2024) Elected: Mr David Eckersley Elected: Mrs Helen Haywood Elected: Mrs Sarah Hobson Elected: Mr Simon Maguire Elected: Ms Nicola Mainwaring (appointed May 2024) Elected: Mr Andrew Mitchell Elected: Mr David Morlidge MBE Elected: Mrs Aimee Morris (Resigned May 2024) Elected: Mrs Rose-Marie Newport Elected: Mr Matthew Wells Elected: Mr Geoffrey Whalley Elected: Mr Trevor Whillas
## **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 including Financial Reporting Standard 102: The Financial Reporting Standard applicable in the UK and Republic of Ireland (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 income and expenditure 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;
- observe the methods and principles in the Charities SORP;
- make judgments and accounting estimates that are reasonable and prudent;
vi
THE PARISH CHURCH OF ST PETER BOLTON-LE-MOORS TRUSTEES REPORT FOR THE YEAR ENDED 31 DECEMBER 2024
- e state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements, and
- e 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 maintaining proper accounting records which 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 2008 and the provisions of the trust deed/constitution. 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. Approved by the PCC on .PYMAEMay ME"ul he 2402S.A& 4° and signed. on their. behalf by
Ie ' HOPING Rev H Lane (PCC Chair)
vil
## THE PARISH CHURCH OF ST PETER BOLTON-LE-MOORS INDEPENDENT EXAMINER’S REPORT TO THE PCC OF THE PARISH CHURCH OF ST PETER BOLTON-LE-MOORS
eee | report to the Trustees on my examination of the accounts of The Parish Church of St Peter Bolton-Le-Moors (the Charity) for the year ended 31 December 2024, which are set out on pages ix to xxii.
## Responsibilities and basis of report
As the Trustees of the Charity you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011(‘the Act’).
| report in respect of my examination of the Trustee’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination | have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
## Independent examiner’s statement
| have completed my examination. | confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
(1) accounting records were not kept in respect of the Charity as required by section 130 of the Act; or
(2) the accounts do not accord with those records; or
(3) the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair view’ which is not a matter considered as part of an independent examination.
| have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Signed... NNhaAnd. 38 NAIA. Mr Andrew Simm FCA Date........24.. Med..2OQ21S8......... CharteredSmith & GouldingAccountantsLimited, Hamill House , Bolton, BL1 4DH 112-116 Chorley New Road,
Vili
**THE PARISH CHURCH OF ST PETER BOLTON-LE-MOORS STATEMENT OF FINANCIAL ACTIVITIES** _**FOR THE YEAR ENDED 31 DECEMBER 2024**_
|**Notes**
**Income and endowments from:**
Donations and legacies
2(a)
Church activities
2(d)
Activities for generating funds
2(b)
Income from investments
2(c)
**Total income**
**Expenditure on:**
Raising funds
6(b)
Church activities
6(a)
**Total expenditure**
**Net income / (expenditure) before**
**investment gains/(losses)**
Gains / (losses) on investment assets
On revaluation / disposal
7(c)
**Net income / (expenditure)**
Transfers between funds
**Net movement in funds**
Fund balances at 1 January 2024
**Fund balances at 31 December 2024**|**Unrestricted**
**Funds**
**Designated**
**Funds**
**Restricted**
**Funds**
**Endowment**
**Funds**
**Total**
**2024**
**Total**
**2023**
**£**
**£**
**£**
**£**
**£**
**£**
76,254
-
33,513
-
109,767
93,577
9,605
-
2,923
-
12,528
7,125
51,857
101
100
-
52,058
43,097
1,113
-
266
-
1,379
2,612|
|---|---|
||**138,829**
**101**
**36,802**
**-**
**175,732**
146,411|
||16,795
230
1,600
-
18,625
15,664
119,254
-
35,115
-
154,369
158,381|
||**136,049**
**230**
**36,715**
**-**
**172,994**
174,045|
||**2,780**
**(129)**
**87**
**-**
**2,738**
(27,634)
1,523
-
-
28
1,551
3,926|
||**4,303**
**(129)**
**87**
**28**
**4,289**
(23,708)
**-**
**-**
**-**
**-**
**-**
-|
||**4,303**
**(129)**
**87**
**28**
**4,289**
(23,708)
93,084
396
14,833
1,255
109,568
133,276|
||**97,387**
**267**
**14,920**
**1,283**
**113,857**
109,568|
The breakdown of the 2023 figures between the unrestricted, designated, restricted and endowment funds are in note 15 on pages xviiii -xxii.
ix
**THE PARISH CHURCH OF ST PETER BOLTON-LE-MOORS BALANCE SHEET** _**AS AT 31 DECEMBER 2024**_
||**Notes**||**2024**||**2023**|
|---|---|---|---|---|---|
||||£||£|
|**Fixed Assets**||||||
|Tangible fixed assets|8||**6,864**||8,076|
|Investments|7(a/b)||**110,665**||125,991|
|**Total Fixed Assets**|||**117,529**||134,067|
|**Current Assets**||||||
|Stocks|9|**105**||155||
|Debtors|10|**6,994**||2,683||
|Cash at Bank and in Hand|11|**37,024**||22,583||
|||**44,123**||25,421||
|**Current Liabilities**||||||
|Creditors|12|**(47,795)**||(49,920)||
|**Net Current Assets**|||**(3,672)**||(24,499)|
|**Total Net Assets**|||**113,857**||109,568|
|**The Funds of the Charity**||||||
|Endowment Funds|13||**1,283**||1,255|
|Restricted Funds|13||**14,920**||14,833|
|Designated Funds|13||**267**||396|
|Unrestricted Funds|13||**97,387**||93,084|
|**Total Charity Funds**|||**113,857**||109,568|
The accounts were approved by the Parochial Church Council on 11th May 2025 and signed on its behalf by:
## **Mitchell (Treasurer)**
X
**THE PARISH CHURCH OF ST PETER BOLTON-LE-MOORS NOTES TO THE ACCOUNTS** _**FOR THE YEAR ENDED 31 DECEMBER 2024**_
## **1 Accounting policies**
## **1.1 Basis of preparation**
The accounts have been prepared in accordance with the Charity's Trust deed, the Charities Act 2011 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 (FRS 102) (effective 1 January 2019)". The Charity is a Public Benefit Entity as defined by FRS 102.
The Charity has taken advantage of the provisions in the SORP for charities applying FRS 102 Update Bulletin 1 not to prepare a Statement of Cash Flows.
The accounts have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a true and fair view. This departure has involved following the Statement of Recommended Practice for charities applying FRS 102 issued in October 2019 rather than the Accounting and Reporting by Charities: Statement of Recommended Practice effective from 1 April 2005 which has since been withdrawn.
The accounts are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention except for the valuation of investment assets, which are shown at market value. The financial statements include all transactions, assets and liabilities for which the PCC is responsible in law. They do not include the accounts of church groups that owe their main affiliation to another body, nor those that are informal gatherings of church members.
## **1.2 Going concern**
At the time of approving the accounts, the Trustees have a reasonable expectation that the Charity has adequate resources to continue in operational existence for the foreseeable future. Thus, the Trustees continue to adopt the going concern basis of accounting in preparing the accounts. There are no material uncertainties about the Charity’s ability to continue.
## **1.3 Funds**
Endowment funds are funds, the capital of which must be maintained; only income arising from investment of the endowment may be used either as restricted or unrestricted funds depending upon the purpose for which the endowment was established. The investments are held by the Manchester Diocesan Board of Finance.
Restricted funds represent (a) income from trust or endowments which may be expended only on those restricted objects provided in the terms of the trust or bequest, and (b) donations or grants received for a specific object or invited by the PCC for a specific object. The funds may only be expended on the specific object for which they were given. Any balance remaining unspent at the end of each year must be carried forwarded as a balance on that fund.
Unrestricted funds are general funds which can be used for PCC ordinary purposes.
Designated funds comprise of funds which have been set aside at the discretion of the PCC for specific purposes. The purposes and uses of the designated funds are set out in the note to the accounts.
## **1.4 Incoming resources**
These are included in the Statement of Financial Activities (SOFA) when:
1. the PCC becomes legally entitled to the benefit of use of the resources; 2. an inflow of economic benefit is probable; and
3. the monetary value can be measured with sufficient reliability.
## **1.5 Resources expended**
Liabilities are recognised as soon as an outflow of economic benefit is probable.
Governance costs include costs of the preparation and examination of statutory accounts, the costs of Trustees meetings and cost of any legal advice to trustees on governance or constitutional matters. All the governance costs have been included in Church Activities as a whole rather than be apportioned.
## **1.6 Cash and cash equivalents**
Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
xi
**THE PARISH CHURCH OF ST PETER BOLTON-LE-MOORS NOTES TO THE ACCOUNTS** _**FOR THE YEAR ENDED 31 DECEMBER 2024**_
## **1.7 Stock**
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition. Items held for distribution at no or nominal consideration are measured at cost.
## **1.8 Tangible fixed assets and depreciation**
Consecrated and benefice property is not included in the financial statements in accordance with s.10 of the Charities Act 2011.
Movable church furnishings are held by the Vicar and Church Wardens on special trust for the PCC and which require a faculty for disposal are inalienable property, listed on the Church’s inventory, which can be inspected by appointment with the Church Wardens. For anything acquired prior to 2000 there is insufficient cost information available and therefore such assets are not valued in the financial statements. Subsequently no individual items have cost more than £1,000 so all such expenditure has been written off when incurred.
Equipment used within the church premises is depreciated on a reducing balance at 20% p.a. Individual items of equipment with a purchase price of £500 or less are written off when the asset is acquired. Computer equipment is depreciated at 25% straight line. The equipment purchased using restricted funds is depreciated at 20% straight line.
Fixed asset investments are initially measured at transaction price excluding transaction costs, and are subsequently measured at fair value at each reporting date. Changes in fair value are recognized in net income/(expenditure) for the year. Transaction costs are expensed as incurred.
## **2 Incoming resources**
|**2(a) Donations and legacies**
Planned Giving
Regular Giving
Tax Receivable
Other Giving
Collections – open plate
Gift Day
Grants 2(e)
Donations, appeals etc
Contribution for vicar’s expenses from St Philips
Maintenance Wall Safe
Unclaimed donations
Donated Car park facilities|**Unrestricted**
**Funds**
**Designated**
**Funds**
**Restricted**
**Funds**
**Total**
**2024**
**Total**
**2023**
**£**
**£**
**£**
**£**
**£**
41,316
-
-
41,316
33,395
14,932
-
-
14,932
15,966
5,088
-
-
5,088
5,392
10,553
-
-
10,553
8,931
-
-
30,086
30,086
23,727
3,201
-
1,353
4,554
2,526
-
-
2,074
2,074
1,324
164
-
-
164
66
-
-
-
1,250
1,000
-
-
1,000
1,000|
|---|---|
||76,254
-
33,513
109,767
93,577|
|**2(b) Activities for Raising Funds**
Car Park Income
Social Committee
Organ & Music Recitals
Church Usage
2021 Celebration merchandise
Tuesday Group
Tower Fund
**2(c) Income from Investments**
Interest and Dividends including tax recoverable|**Unrestricted**
**Funds**
**Designated**
**Funds**
**Restricted**
**Funds**
**Total**
**2024**
**Total**
**2023**
**£**
**£**
**£**
**£**
**£**
34,400
-
-
34,400
32,345
115
-
-
115
300
3,211
-
-
3,211
2,321
14,116
-
-
14,116
7,782
15
-
-
15
302
-
101
-
101
47
-
-
100
100
-|
|---|---|
||51,857
101
100
52,058
43,097|
||**Unrestricted**
**Funds**
**Designated**
**Funds**
**Restricted**
**Funds**
**Total**
**2024**
**Total**
**2023**
**£**
**£**
**£**
**£**
**£**
1,113
-
266
1,379
2,612|
||1,113
-
266
1,379
2,612|
xii
## **THE PARISH CHURCH OF ST PETER BOLTON-LE-MOORS NOTES TO THE ACCOUNTS** _**FOR THE YEAR ENDED 31 DECEMBER 2024**_
|**2(d) Income from Church Activities**
Book of Remembrance
Fees paid to PCC for Weddings and Funerals
Bell Ringers
Sunday Morning Coffee
Votive Candles
Flowers
Magazine
**2(e) Grants received**
Markland Trust
Markland Trust Choir & Organ Scholarship
Chadwick Educational Foundation
Hulme’s Bolton Lectureship Charity Estate
Manchester Diocese||**Unrestricted**
**Funds**
**Designated**
**Funds**
**Restricted**
**Funds**
**Total**
**2024**
**Total**
**2023**
**£**
**£**
**£**
**£**
**£**
30
-
-
30
-
8,706
-
-
8,706
4,638
-
-
-
-
70
-
-
1,365
1,365
1,099
310
-
-
310
130
526
-
1,558
2,084
985
33
-
-
33
203|
|---|---|---|
|||9,605
-
2,923
12,528
7,125|
|||**Unrestricted**
**Funds**
**Designated**
**Funds**
**Restricted**
**Funds**
**Total**
**2024**
**Total**
**2023**
**£**
**£**
**£**
**£**
**£**
-
-
9,626
9,626
5,340
-
-
5,270
5,270
3,250
-
-
150
150
165
-
-
15,040
15,040
14,642
-
-
-
-
330|
|||-
-
30,086
30,086
23,727|
The grants received from The Markland Trust were for a PA system and microphones (£1,410), electrical and alarm repairs (£3,616), driveway repairs (£1,600), towards music (£3,000) and Choir & Organ Scholarships (£5,270). The grant from Hulme’s Bolton Lectureship Charity Estate was towards the Lecturer’s accommodation and expenses. The grant from the Chadwick Educational Foundation was for bibles for Year 6 leavers at Bolton Parish Church School (£150).
## **3 Transactions with members of the PCC and related parties**
The Trustees donated monies amounting to £22,432 during the year.
Bolton Parish Church Repair Fund is owed £40,195 by the PCC. The Trustees who sit on the PCC as well as this Charity are Rev H Lane (the Vicar), A J Mitchell, Canon J Walsh OBE and E F Weston.
The PCC paid Bolton Parish Educational Foundation £3,000 for use of the Hall and its facilities during the year. The amount charged is in line with what would be charged to an external charity.
The Bolton Parish Educational Foundation donated use of one car parking space at the Church Hall to the PCC for Rev H Lane’s use in her capacity as Vicar of Bolton Parish Church. Before her appointment in October 2024, this space was allocated to the Curate Revd Grace Gaze. The market cost of a car parking space is £500 per year and has been recognised as income and expenditure in the Statement of Financial Activities.
The Bolton Parish Educational Foundation also donated use of one car parking space at the Church Hall to the Hulme’s Bolton Lectureship Charity Estate who then donated it to the PCC for the Lecturer’s use. The market cost of a car parking space is £500 for this year and has been recognised as income and expenditure in the Statement of Financial Activities. The Trustees who sit on the PCC as well as the Bolton Parish Educational Foundation are Rev H Lane, Rev I Hepburn, A J Mitchell, Canon J Walsh OBE and E F Weston.
The Markland Trust gave grants totalling £14,896 for the various items mentioned in note 2e. The Trustees who sit on the PCC as well as this Charity are Rev H Lane, T Whillas, G Whalley, A J Mitchell, E F Weston, D J Eckersley and Canon J Walsh OBE.
The Hulme’s Bolton Lectureship Charity pays the salary and towards the expenses of the Lecturer Rev I Hepburn while the PCC pay the balance of his expenses. The Hulme’s Bolton Lectureship Charity Estate Trustees agreed a grant of £15,040 towards the expenses and living accommodation of the Lecturer.
## **4 Employees / Key personnel**
There were no employees during the year.
xiii
## **THE PARISH CHURCH OF ST PETER BOLTON-LE-MOORS NOTES TO THE ACCOUNTS** _**FOR THE YEAR ENDED 31 DECEMBER 2024**_
## **5 Trustees**
None of the Trustees (or any persons connected with them) received any remuneration or benefits from the Charity during the year.
|**6**|**Expenditure on charitable activities**||||||
|---|---|---|---|---|---|---|
|||**Unrestricted**|**Designated**|**Restricted**|**Total**|**Total**|
|||**Funds**|**Funds**|**Funds**|**2024**|**2023**|
|||**£**|**£**|**£**|**£**|**£**|
||**6(a) Church Activities**||||||
||Charitable Giving 6(c)||||||
||Secular|1,000|-|-|1,000|-|
||Home Missions|-|-|2,921|2,921|2,690|
||Ministry Parish Share|55,000|-|-|55,000|61,800|
||Bellringers Fees|370|-|-|370|250|
||Parish Church Hall Fees|3,000|-|-|3,000|3,000|
||Choir Fees|-|-|2,000|2,000|867|
||Director of Music|7,344|-|1,000|8,344|5,067|
||Relief Organists|1,020|-|-|1,020|1,758|
||Donated Car Park Facilities|1,000|-|-|1,000|1,000|
||Choir and Organ Scholarships|-|-|5,270|5,270|3,250|
||Church Running Expenses||||||
||Electricity|3,656|-|-|3,656|2,719|
||Gas|19,473|-|-|19,473|14,283|
||Water|450|-|-|450|679|
||Insurance|8,856|-|-|8,856|8,570|
||Cleaning|1,387|-|-|1,387|585|
||Wedding & Funeral Fees|3,054|-|-|3,054|1,726|
||Lecturers Accommodation Allowance|-|-|12,931|12,931|12,758|
||Lecturers Expenses|148|-|2,150|2,298|2,313|
||Vicarage Expenses|1,160|-|-|1,160|453|
||Vicars Expenses|-|-|1,262|1,262|541|
||Curate Expenses|1,802|-|-|1,802|1,622|
||Verger Fees|888|-|-|888|341|
||Licences|259|-|-|259|514|
||Postage, Stationery & Photocopying|244|-|-|244|146|
||Subscriptions|434|-|-|434|338|
||Telephone|844|-|-|844|788|
||Upkeep of Services|1,451|-|-|1,451|2,583|
||Church Maintenance||||||
||Repairs & Replacements|1,623|-|5026|6,649|20,868|
||Organ and Piano Maintenance|1,152|-|-|1,152|1,096|
||Depreciation|47|-|1,165|1,212|1,425|
||Flowers|480|-|1,390|1,870|1,331|
||Independent Examiners Fee|2,400|-||2,400|2,400|
||Bank charges|712|-|-|712|620|
|||119,254|-|35,115|154,369|158,381|
|**6(b) Fundraising Costs**
Car Park Rates & Expenses
Social Committee
Organ Music Recitals
2021 Celebration Merchandise
Tuesday Group
Church Usage & Filming costs|**Unrestricted**
**Funds**
**Designated**
**Funds**
**Restricted**
**Funds**
**Total**
**2024**
**Total**
**2023**
**£**
**£**
**£**
**£**
**£**
13,303
-
1,600
14,903
12,627
261
-
-
261
373
2,821
-
-
2,821
1,746
-
51
-
51
388
-
180
-
180
83
409
-
-
409
447|
|---|---|
||16,794
231
1,600
18,625
15,664|
xiv
## **THE PARISH CHURCH OF ST PETER BOLTON-LE-MOORS NOTES TO THE ACCOUNTS** _**FOR THE YEAR ENDED 31 DECEMBER 2024**_
|**Unrestricted**
**Funds**
**£**
**6(c) Charitable Giving**
Barnardo’s
250
Bolton Hospice
-
Bolton Mountain Rescue
-
Bolton Parish Church School
-
Manchester Children’s Hospital
-
Children’s Society
-
Christian Aid
-
Church Urban Fund
-
Derian House
-
Embrace The Middle East
250
Fortalice
250
Macmillan
-
Mayoral Sunday collection
-
Parkinson’s UK
-
St Martins
250
Urban Outreach
-
1,000
**7 Fixed Asset investments for use by the PCC**
**7.(a)**
**Investments**
**Nominal**
**Value or No**
**of Shares**
**Cost**
**£**
**Unrestricted held by MDBF**
Consolidated Legacy Fund
JPMF UK Strategic Income Fund
35146 units
35,146
3,546
Charifund
1,715
5,345
Charibond Narrow Range
**Unrestricted held by the PCC**
R C Winder COIF Investment Fund
1,195.60
-
**Restricted Endowment Funds**
**(MDBF)**
St Peter Endowment CBF Inv Fund
111
513
**7.(b) Painting held as investments**
These have been valued at a professional appraisal figure
which has been used for insurance purposes
**Total Investments**|**Unrestricted**
**Funds**
**£**
250
-
-
-
-
-
-
-
-
250
250
-
-
-
250
-|**Designated**
**Funds**
**Restricted**
**Funds**
**Total**
**2024**
**Total**
**2023**
**£**
**£**
**£**
-
-
250
-
-
366
366
271
-
311
311
264
-
150
150
165
-
387
387
278
-
430
430
-
-
-
250
-
-
-
250
-
313
313
286
-
-
250
250
-
-
250
250
-
291
291
303
-
225
225
-
-
61
61
-
-
-
250
-
-
387
387
123
-
2,921
3,291
2,690
**Market**
**Value**
**2024**
**Addition /**
**(Disposal)**
**Increase /**
**(Decrease)**
**in Value**
**Market**
**Value**
**2023**
**£**
**£**
**£**
**£**
50,119
-
(105)
50,224
-
(16,877)
1,092
15,785
-
-
-
-
50,119
(16,877)
987
66,009
24,263
-
536
23,727
24,263
-
536
23,727
1,283
-
28
1,255
1,283
-
28
1,255
35,000
-
-
35,000|
|---|---|---|
||1,000||
|||35,000
-
-
35,000|
## **7.(c) Unrealised gains/(losses) in investments and fixed assets**
This relates to the revaluation of investments held by or on behalf of the PCC, on an annual basis and is represented by the difference between the opening and closing market values.
|Unrealised gains/(losses) in unrestricted investments (MDBF)
Unrealised gains/(losses) in unrestricted investments (General)
Unrealised gain/(losses) in restricted investments
**Total unrealised gains in the year**|**2024**
**£**
**2023**
**£**
987
1,822
536
1,997
28
109|
|---|---|
||1,551
3,928|
xv
**THE PARISH CHURCH OF ST PETER BOLTON-LE-MOORS NOTES TO THE ACCOUNTS** _**FOR THE YEAR ENDED 31 DECEMBER 2024**_
|**8 Tangible fixed assets**
**Furniture &**
**fittings**
**Furniture &**
**fittings**
**Total**
**Unrestricted Fund**
**Restricted Fund**
**£**
**Cost or Valuation**
**£**
**£**
At 1 January 2024
37,816
23,020
60,836
Additions
At 31 December 2024
37,816
23,020
60,836
**Depreciation**
At 1 January 2024
37,506
15,254
52,760
Charge for the year
47
1,165
1,212
At 31 December 2024
37,553
16,419
53,972
**Net Book Value**
At 31 December 2024
263
6,601
6,864
At 1 January 2024
310
7,766
8,076
**9 Stock**
**2024**
**£**
**2023**
**£**
2021 Celebration Merchandise (Designated)
105
155
Upkeep of Services (Unrestricted)
-
-
**10 Debtors**
**2024**
**£**
**2023**
**£**
Income Tax re: Gift Aid (Unrestricted)
1,371
1,111
Markland Trust (Unrestricted)
-
-
Vat reclaim under Listed Places of Worship grant (Unrestricted)
911
-
St Phillips contribution (Restricted)
750
-
Manchester Diocese (Unrestricted)
121
342
Chadwick Educational Foundation (Restricted)
-
165
Hulme’s Bolton Lectureship Charity Estate (Restricted)
400
374
Markland Trust (Restricted)
691
691
Car park income (Unrestricted)
2,750
-
**6,994**
2,683
**11 Cash at bank and in Hand**
**2024**
**£**
**2023**
**£**
Endowment
-
-
Restricted
7,477
5,837
Designated
162
241
Unrestricted
29,385
16,505
**37,024**
22,583
**12 Creditors, accruals and deferred income**
**2024**
**£**
**2023**
**£**
_Amounts falling due inside one year_
Utilities accrued
4,000
4,078
Independent Examiner
2,400
4,800
Church Repair Fund Loan
40,195
40,195
Wedding deposit
200
847
Manchester Diocese grant for choir events 2025 (Restricted)
1,000
-
**47,795**
49,920|**Furniture &**
**fittings**
**Furniture &**
**fittings**
**Total**
**Unrestricted Fund**
**Restricted Fund**
**£**
**£**
**£**
37,816
23,020
60,836|**Furniture &**
**fittings**
**Furniture &**
**fittings**
**Total**
**Unrestricted Fund**
**Restricted Fund**
**£**
**£**
**£**
37,816
23,020
60,836|
|---|---|---|
||37,816|23,020
60,836|
||37,506
47|15,254
52,760
1,165
1,212|
||37,553|16,419
53,972|
||263|6,601
6,864|
||310|7,766
8,076|
|||**2024**
**£**
**2023**
**£**
105
155
-
-|
|||**2024**
**£**
**2023**
**£**
1,371
1,111
-
-
911
-
750
-
121
342
-
165
400
374
691
691
2,750
-|
|||**6,994**
2,683|
|||**2024**
**£**
**2023**
**£**
-
-
7,477
5,837
162
241
29,385
16,505|
|||**37,024**
22,583|
|||**2024**
**£**
**2023**
**£**
4,000
4,078
2,400
4,800
40,195
40,195
200
847
1,000
-|
|||**47,795**
49,920|
xvi
**THE PARISH CHURCH OF ST PETER BOLTON-LE-MOORS NOTES TO THE ACCOUNTS** _**FOR THE YEAR ENDED 31 DECEMBER 2024**_
## **13 Funds**
## **Endowment Funds**
These are trust fund investments held for the PCC by the Manchester Diocesan Board of Finance.
## **Restricted Funds**
Tower Fund To raise funds for the maintenance of items relating to the Tower Flower Fund To raise funds for church flowers Sunday Morning Coffee Each Sunday funds are collected for specific charities Friends of Bolton Parish Church To raise funds for the renewal of sacred books and church artefacts Grants & other donations Grants and donations for certain specific purposes **Designated Funds** 2021 Celebration To raise funds for the 150[th] anniversary celebration of when the church was built Tuesday Group To raise funds for various charities and for the Church
|**Funds**
Endowment Fund
Restricted - Tower Fund
Restricted - Flower Fund
Restricted - Sunday Morning Coffee
Restricted - Friends of Bolton Parish
Church
Restricted - Choir & Organ Scholarship
Restricted - Grants & other donations
Designated Fund - 2021 celebration
Designated Fund - Tuesday Group
Unrestricted Fund
**Total Funds**|**Movement in funds**
**Balance**
**at 1**
**January**
**2024**
Income
Expenditure
Transfer
between
funds
Revaluation
**Balance at**
**31**
**December**
**2024**
**1,255**
-
-
-
28
**1,283**
**613**
138
-
-
-
**751**
**40**
1,558
(1,390)
-
-
**208**
**73**
1,365
(1,438)
-
-
**-**
**5,812**
248
-
-
-
**6,060**
**87**
5,270
(5,270)
-
-
**87**
**8,208**
28,223
(28,617)
-
-
**7,814**
**155**
-
(50)
-
-
**105**
**241**
101
(180)
-
-
**162**
**93,084**
138,829
(136,049)
-
1,523
**97,387**|
|---|---|
||**109,568**
**175,732**
**(172,994)**
**-**
**1,551**
**113,857**|
**14 Analysis of net assets between funds**
|**4 Analysis of net assets between funds**||||||
|---|---|---|---|---|---|
|Fund balances at 31 December 2024 are
represented by:|**Unrestricted**
**Funds**|**Designated**
**Funds**|**Restricted**
**Funds**|**Endowment**
**Funds**|**Total**|
||**£**|**£**|**£**|**£**|**£**|
|Tangible fixed assets|263|-|6,601|-|**6,864**|
|Investments|109,382|-|-|1,283|**110,665**|
|Current assets|34,537|267|9,319|-|**44,123**|
|Creditors: amounts falling due within one year|(46,795)|-|(1,000)|-|**(47,795)**|
||**97,387**|**267**|**14,920**|**1,283**|**113,857**|
|Unrealised gains included above:||||||
|On investments|105,835|-|-|1,026|**106,861**|
||105,835|-|-|1,026|**106,861**|
|Reconciliation of movements in unrealised gains:||||||
|Unrealised gains at 1 January 2024|117,761|-|-|998|**118,759**|
|Net gains on revaluations in year|(11,926)|-|-|28|**(11,898)**|
|Unrealised gains at 31 December 2024|105,835|-|-|1,026|**106,861**|
xvii
## **THE PARISH CHURCH OF ST PETER BOLTON-LE-MOORS NOTES TO THE ACCOUNTS** _**FOR THE YEAR ENDED 31 DECEMBER 2024**_
|**15 Comparatives for 2023**
**Statement of Financial Activities**
**Unrestricted**
**Funds**
**Designated**
**Funds**
**Restricted**
**Funds**
**Endowment**
**Funds**
**Total**
**2023**
**Notes**
**£**
**£**
**£**
**£**
**£**
**Income and endowments from:**
Donations and legacies
2(a)
68,183
-
25,394
-
93,577
Church activities
2(d)
5,231
-
1,894
-
7,125
Activities for generating funds
2(b)
43,050
47
-
-
43,097
Income from investments
2(c)
2,420
-
192
-
2,612
**Total income**
118,884
47
27,480
-
146,411
**Expenditure on:**
Raising funds
6(b)
15,193
471
-
-
15,664
Church activities
6(a)
129,690
-
28,691
158,381
**Total expenditure**
144,883
471
28,691
-
174,045
**Net income / (expenditure) before**
**investment gains/(losses)**
(25,999)
(424)
(1,211)
-
(27,634)
Gains / (losses) on investment assets
On revaluation / disposal
9(c)
3,817
-
-
109
3,926
**Net income / (expenditure)**
(22,182)
(424)
(1,211)
109
(23,708)
Transfers between funds
-
-
-
-
-
**Net movement in funds**
(22,182)
(424)
(1,211)
109
(23,708)
Fund balances at 1 January 2023
115,266
820
16,044
1,146
133,276
**Fund balances at 31 December 2023**
93,084
396
14,833
1,255
109,568
**2(a) Donations and legacies**
**Unrestricted**
**Funds**
**Designated**
**Funds**
**Restricted**
**Funds**
**Total**
**2023**
**£**
**£**
**£**
**£**
Planned Giving
Gift Aid
33,395
-
-
33,395
Tax Receivable
15,966
-
-
15,966
Other Giving
Collections – open plate
5,392
-
-
5,392
Gift Day
8,931
-
-
8,931
Grants 2(e)
-
-
23,727
23,727
Donations, appeals etc
2,183
-
343
2,526
Contribution for vicar’s expenses from St Philips
-
-
1,324
1,324
Maintenance Wall Safe
66
-
-
66
Unclaimed donations
1,250
-
-
1,250
Donated Car park facilities
1,000
-
-
1,000
68,183
-
25,394
93,577|**Unrestricted**
**Funds**
**Designated**
**Funds**
**Restricted**
**Funds**
**Endowment**
**Funds**
**Total**
**2023**
**£**
**£**
**£**
**£**
**£**
68,183
-
25,394
-
93,577
5,231
-
1,894
-
7,125
43,050
47
-
-
43,097
2,420
-
192
-
2,612|**Unrestricted**
**Funds**
**Designated**
**Funds**
**Restricted**
**Funds**
**Endowment**
**Funds**
**Total**
**2023**
**£**
**£**
**£**
**£**
**£**
68,183
-
25,394
-
93,577
5,231
-
1,894
-
7,125
43,050
47
-
-
43,097
2,420
-
192
-
2,612|
|---|---|---|
|||118,884
47
27,480
-
146,411|
|||15,193
471
-
-
15,664
129,690
-
28,691
158,381|
|||144,883
471
28,691
-
174,045
(25,999)
(424)
(1,211)
-
(27,634)
3,817
-
-
109
3,926|
|||(22,182)
(424)
(1,211)
109
(23,708)
-
-
-
-
-|
|||(22,182)
(424)
(1,211)
109
(23,708)
115,266
820
16,044
1,146
133,276|
|||93,084
396
14,833
1,255
109,568|
|||**Unrestricted**
**Funds**
**Designated**
**Funds**
**Restricted**
**Funds**
**Total**
**2023**
**£**
**£**
**£**
**£**
33,395
-
-
33,395
15,966
-
-
15,966
5,392
-
-
5,392
8,931
-
-
8,931
-
-
23,727
23,727
2,183
-
343
2,526
-
-
1,324
1,324
66
-
-
66
1,250
-
-
1,250
1,000
-
-
1,000
68,183
-
25,394
93,577|
xviii
## **THE PARISH CHURCH OF ST PETER BOLTON-LE-MOORS NOTES TO THE ACCOUNTS** _**FOR THE YEAR ENDED 31 DECEMBER 2024**_
|**15 Comparatives for 2023 continued**
**2(b) Activities for Raising Funds**
Car Park Income
Social Committee
Organ & Music Recitals
Church Usage
2021 Celebration merchandise
Tuesday Group
Tower Fund
**2(c) Income from Investments**
Interest and Dividends including tax recoverable
**2(d) Income from Church Activities**
Book of Remembrance
Fees paid to PCC for Weddings and Funerals
Bell Ringers
Sunday Morning Coffee
Votive Candles
Flowers
Magazine
**2(e) Grants received**
Markland Trust
Markland Trust Choir & Organ Scholarship
Chadwick Educational Foundation
Hulme’s Bolton Lectureship Charity Estate
Manchester Diocese|**Unrestricted**
**Funds**
**Designated**
**Funds**
**Restricted**
**Funds**
**Total**
**2023**
**£**
**£**
**£**
**£**
32,345
-
-
32,345
300
-
-
300
2,321
-
-
2,321
7,782
-
-
7,782
302
-
-
302
-
47
-
47
-
-
-
-|
|---|---|
||43,050
47
-
43,097|
||**Unrestricted**
**Funds**
**Designated**
**Funds**
**Restricted**
**Funds**
**Total**
**2023**
**£**
**£**
**£**
**£**
2,420
-
192
2,612|
||2,420
-
192
2,612|
||**Unrestricted**
**Funds**
**Designated**
**Funds**
**Restricted**
**Funds**
**Total**
**2023**
**£**
**£**
**£**
**£**
-
-
-
-
4,638
-
-
4,638
70
-
-
70
-
-
1,099
1,099
130
-
-
130
190
-
795
985
203
-
-
203|
||5,231
-
1,894
7,125|
||**Unrestricted**
**Funds**
**Designated**
**Funds**
**Restricted**
**Funds**
**Total**
**2023**
**£**
**£**
**£**
**£**
-
-
5,340
5,340
-
-
3,250
3,250
-
-
165
165
-
-
14,642
14,642
-
-
330
330|
||-
-
23,727
23,727|
xix
## **THE PARISH CHURCH OF ST PETER BOLTON-LE-MOORS NOTES TO THE ACCOUNTS** _**FOR THE YEAR ENDED 31 DECEMBER 2024**_
## **15 Comparatives for 2023 continued**
|**6(a) Church Activities**
Charitable Giving 6(c)
Secular
Home Missions
Ministry Parish Share
Bellringers Fees
Parish Church Hall Fees
Choir Fees
Director of Music
Relief Organists
Donated Car Park Facilities
Choir and Organ Scholarships
Church Running Expenses
Electricity
Gas
Water
Insurance
Cleaning
Wedding & Funeral Fees
Lecturers Accommodation Allowance
Lecturers Expenses
Vicarage Expenses
Vicars Expenses
Curate Expenses
Verger Fees
Licences
Petty Cash & Sundries
Postage, Stationery & Photocopying
Subscriptions
Telephone
Upkeep of Services
Church Maintenance
Repairs & Replacements
Organ and Piano Maintenance
PPE/Covid-19 safety equipment
Depreciation
Flowers
Church Magazines
Tower Expenses
Independent Examiners Fee
2021 Celebration Expenses
Bank charges
Advertising
**6(b) Fundraising Costs**
Car Park Rates & Expenses
Social Committee
Organ Music Recitals
2021 Celebration Merchandise
Tuesday Group
Church Usage & Filming costs|**Unrestricted**
**Funds**
**Designated**
**Funds**
**Restricted**
**Funds**
**Total**
**2023**
**£**
**£**
**£**
**£**
-
-
-
-
1,123
-
1,567
2,690
61,800
-
-
61,800
250
-
-
250
3,000
-
-
3,000
-
-
867
867
2,934
-
2,133
5,067
1,758
-
-
1,758
1,000
-
-
1,000
-
-
3,250
3,250
2,719
-
-
2,719
13,953
-
330
14,283
679
-
-
679
8,570
-
-
8,570
585
-
-
585
1,726
-
-
1,726
-
-
12,758
12,758
-
-
2,313
2,313
453
-
-
453
-
-
541
541
1,266
-
356
1,622
341
-
-
341
514
-
-
514
-
-
-
-
146
-
-
146
338
-
-
338
788
-
-
788
2,583
-
-
2,583
18,528
-
2,340
20,868
1,096
-
-
1,096
-
-
-
-
55
-
1,370
1,425
465
-
866
1,331
-
-
-
-
-
-
-
-
2,400
-
-
2,400
-
-
-
-
620
-
-
620
-
-
-
-|
|---|---|
||129,690
-
28,691
158,381|
||**Unrestricted**
**Funds**
**Designated**
**Funds**
**Restricted**
**Funds**
**Total**
**2023**
**£**
**£**
**£**
12,627
-
-
12,627
373
-
-
373
1,746
-
-
1,746
-
388
-
388
-
83
-
83
447
-
-
447
15,193
471
-
15,664|
xx
**THE PARISH CHURCH OF ST PETER BOLTON-LE-MOORS NOTES TO THE ACCOUNTS** _**FOR THE YEAR ENDED 31 DECEMBER 2024**_
## **15 Comparatives for 2023 continued**
|Archdeacon collection
Backup North West
Bolton Hospice
Bolton Mountain Rescue
Bolton Parish Church School
Children’s Hospital
Children’s Society
Christian Aid
Church Urban Fund
Churches Together
Derian House
Embrace The Middle East
Flower Day – Lagan’s Foundation
Fortalice
Kids Club Kampala
Macmillan
Mayoral Sunday collection
Ukraine Concert
Urban Outreach
**Analysis of net assets between funds**
Fund balances at 31 December 2023 are
represented by:
Tangible fixed assets
Investments
Current assets
Creditors: amounts falling due within one year
Unrealised gains included above:
On investments
Reconciliation of movements in unrealised
gains
Unrealised gains at 1 January 2023
Net gains on revaluations in year
Unrealised gains at 31 December 2023||**Unrestricted**
**Funds**
**Designated**
**Funds**
**Restricted**
**Funds**
**Total**
**2023**
**£**
**£**
**£**
-
-
-
-
-
-
-
-
-
-
271
271
-
-
264
264
-
-
165
165
-
-
278
278
-
-
-
-
250
-
-
250
250
-
-
250
-
-
-
-
-
-
286
286
250
-
-
250
-
-
-
-
250
-
-
250
-
-
-
-
-
-
303
303
-
-
-
-
-
-
-
-
123
-
-
123
1,123
-
1,567
2,690
**Unrestricted**
**Funds**
**Designated**
**Funds**
**Restricted**
**Funds**
**Endowment**
**Funds**
**Total**
**£**
**£**
**£**
**£**
**£**
310
-
7,766
-
8,076
124,736
-
-
1,255
125,991
17,958
396
7,067
-
25,421
(49,920)
-
-
-
(49,920)|
|---|---|---|
||||
|||93,084
396
14,833
1,255
109,568|
|||117,761
-
-
998
118,759|
|||117,761
-
-
998
118,759|
|||120,146
-
-
889
121,035
(2385)
-
-
109
(2,276)|
|||117,761
-
-
998
118,759|
xxi
**THE PARISH CHURCH OF ST PETER BOLTON-LE-MOORS NOTES TO THE ACCOUNTS** _**FOR THE YEAR ENDED 31 DECEMBER 2024**_
## **15 Comparatives for 2023 continued Funds**
## **Endowment Funds**
These are trust fund investments held for the PCC by the Manchester Diocesan Board of Finance.
## **Restricted Funds**
Tower Fund To raise funds for the maintenance of items relating to the Tower Flower Fund To raise funds for church flowers Sunday Morning Coffee Each Sunday funds are collected for specific charities Friends of Bolton Parish Church To raise funds for the renewal of sacred books and church artefacts Grants & other donations Grants and donations for certain specific purposes
## **Designated Funds**
2021 Celebration To raise funds for the 2021 celebration of when the church was built Tuesday Group To raise funds for various charities and for the Church
|**Funds**
Endowment Fund
Restricted - Tower Fund
Restricted - Flower Fund
Restricted - Sunday Morning Coffee
Restricted - Friends of Bolton Parish
Church
Restricted - Choir & Organ
Scholarship
Restricted - Grants & other donations
Designated Fund - 2021 celebration
Designated Fund - Tuesday Group
Unrestricted Fund
Total Funds|**Movement in funds**
**Balance**
**at 1**
**January**
**2023**
Income
Expenditure
Transfer
between
funds
Revaluation
**Balance at**
**31**
**December**
**2023**
1,146
-
-
-
109
1,255
613
-
-
-
-
613
111
795
866
-
-
40
73
1,099
1,099
-
-
73
5,599
213
-
-
-
5,812
87
3,250
3,250
-
-
87
9,561
22,123
23,476
-
-
8,208
543
-
388
-
-
155
277
47
83
-
-
241
115,266
118,884
144,883
-
3,817
93,084|
|---|---|
||133,276
146,411
174,045
-
3,926
109,568|
xxii