2024-12-31-accounts

Charity No: 1135575

THE PAROCHIAL CHURCH COUNCIL OF SEDBERGH AND LUNE

REPORT AND FINANCIAL STATEMENTS

FOR THE YEAR ENDED

31 DECEMBER 2024

THE PAROCHIAL CHURCH COUNCIL OF SEDBERGH AND LUNE

CONTENTS

	Pages
Charity reference and administrative details	1
Report of the Trustees	2-5
Independent examiner's report to the Trustees	6
Statement of financial activities	7
Balance sheet	8
Notes to the financial statements	9-18

THE PAROCHIAL CHURCH COUNCIL OF SEDBERGH AND LUNE

CHARITY REFERENCE AND ADMINISTRATIVE DETAILS

FOR THE YEAR ENDED 31 DECEMBER 2024

Parish	Parish of Sedbergh and Lune
Charity number	1135575
Deanery	Deanery of Kendal
Diocese	Diocese of Carlisle
Church Locations	St Andrew’s Church, Sedbergh
	St Mark’s Church, Cautley
	St John the Baptist’s Church, Garsdale
	St John the Evangelist’s Church, Firbank
	Holy Trinity Church, Howgill
	All Saints’ Church, Killington
Ministry Team	Revd A Burgess, Revd Dr L Gray, Mrs J Bush
Correspondence	The Vicarage, 20 Winfield Road, Sedbergh, LA10 5AZ
Members of the PCC
Incumbent	Revd A Burgess
Ministers	Revd Dr L Gray
Lay Reader	Mrs J Bush
Churchwardens	Sedbergh: Mr A Reed Screen, Mrs S Sharrocks
	Cautley: Mrs J Bush, Mrs M Hinch
	Garsdale: Mrs R Lord, Mr W Mawdsley
	Firbank: Vacant
	Howgill: Mrs H Hoggarth, Mrs P Marshall
	Killington: Vacant
Deanery Synod Representatives
	Mr A Denton, Mrs J Dodds, Mr P Snelling
Other Members
	Mrs L Alban	Mr M Gray (Treasurer)
	Miss M Kinder (Safeguarding)	Mrs P Thompson
	Mr B Maunder	Mr S Ewence
	Mrs A Petyt	Mrs E Labbate
	Mrs B Escolme	Mrs C Thompson
	Ms D Evans	Mrs J Pritchard

Electoral Roll Report

There are 181 names on the Electoral Roll: Cautley 22, Firbank 19, Garsdale 27, Howgill 19, and Sedbergh 94.

Page 1

THE PAROCHIAL CHURCH COUNCIL OF SEDBERGH AND LUNE

REPORT OF THE TRUSTEES

FOR THE YEAR ENDED 31 DECEMBER 2024

Aim and Purposes

Sedbergh and Lune Parochial Church Council (PCC) has the responsibility of cooperating with the incumbent, Revd Andrew Burgess, in promoting in the ecclesiastical parish, the whole mission of the Church, pastoral, evangelistic, social, and ecumenical. The PCC is also specifically responsible for the maintenance of St Andrew’s Church, Sedbergh, St Mark’s Church, Cautley, St John the Baptist’s Church, Garsdale, Holy Trinity Church, Howgill, St John the Evangelist’s Church and Church Hall, Firbank, and All Saints’ Church, Killington.

Objectives and Activities

The PCC is committed to enabling as many people as possible to worship at our churches and to become committed members of our parish community. The PCC maintains an overview of worship throughout the parish and makes suggestions on how our services can involve the many groups that live within our parish. Our services and worship put faith into practice through prayer and scripture, music and sacrament.

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

• Regular public worship open to all

• The provision of sacred space for prayer and contemplation

• Teaching of Christianity through sermons, courses, and small groups

• Pastoral work including visits to the sick and bereaved

• Taking of assemblies in schools

• Promoting the mission of the church through provision of activities for various groups

• Supporting other charities in the UK and abroad

To facilitate this work it is important that we maintain the fabric of our churches.

Annual Report on Proceedings and Activities

The new pattern of worship and revised service times introduced to accommodate Revd Andrew Burgess’s appointment as Methodist minister has worked well due partly to the support from Revd Ashley Henderson who has been seconded from Kendal on a part time basis to officiate. But this has not eased the pastoral need which has increased markedly with responsibility for Methodists in addition to Anglicans and has placed an extra load upon the ministry team which has been depleted due to the reduced commitment of Revd Lindsay Gray.

To continue without extra resources would be unsustainable. However, in December Ben Maunder was appointed as Children’s, Youth and Families Worker and will join the Ministry Team in January 2025. In addition it is planned to recruit a part-time Associate Minister to take over from Revd Ashley Henderson in October. The minister will be based in Dent and will be responsible for pastoral support in addition to conducting services throughout the Mission Community. We hope that these appointments will be mirrored by growth in our worshipping community in addition to easing the burden on the Ministry Team.

The ‘Teatime Church Service’ at St Andrew’s continues to thrive as do relations with the Primary School. In September a very successful ‘Experience Harvest’ supported from across the Parish was held in St Andrew’s when, over a period of four days, all the children from the Primary School visited and two junior classes from Settlebeck School.

Across the Parish, Festival Services and special events continue to be well supported, but we are still seeking to attract new blood to take over from our loyal supporters who give so much time and effort to the life of our community.

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THE PAROCHIAL CHURCH COUNCIL OF SEDBERGH AND LUNE

REPORT OF THE TRUSTEES (continued)

FOR THE YEAR ENDED 31 DECEMBER 2024

Buildings and Works

• St Andrew’s Church, Sedbergh is in overall good condition. The inner parapet of the tower and all the windows were re-pointed but the tower finials were not replaced due to concerns over possible collateral damage. Automatic winding equipment together with a regulator was installed in the tower clock and the lightning conductor was fitted with additional earthing probes. The boundary wall of the churchyard was repaired after damage caused by a car crash. The central heating boiler was fitted with a new burner mechanism and a new timer and thermostat control unit. In addition to routine servicing of the organ some trumpet pipes were fitted with reinforcing struts to avoid collapse. The proposals to re-order the West end of the nave were reviewed by the DAC with a view to obtaining a faculty in 2025.

• St Mark’s Church, Cautley had a number of works completed in 2024. The stonework was raked out and repointed on the East front, the chancel window, and part of the West front. The work was done by Matthew Cook. The worn bell ropes were replaced with new acrylic ones. The diseased ash tree immediately behind the church was felled by Charlesworth. Storm Eowyn brought down some large branches from the larch tree behind the church, damaging some guttering in the process. The guttering has been repaired. The small piece of waste ground behind the church was made into a moss garden by a small working party of parishioners.

• St John the Baptist’s Church, Garsdale had a number of small works in 2024. The church yard noticeboard is being repaired. Due to ash dieback, a large branch overhanging the churchyard footpath was removed. Other trees of concern are adjacent to the West windows and the possibility of remediation work on them is being explored. We are expecting the organ restorer to UV treat mould which remains inside some of the organ pipes. Another area of ceiling above the porch doorway which collapsed, was repaired by Tom Calvert and awaits repainting. Most of the Nave walls were re-painted up to heater level with limewash. Further work is to be carried out imminently, around the East Nave and Choir. The quinquennial architect is being asked for advice regarding treatment of buttresses to reduce water ingress, and slight subsidence on the wall of the porch. We are awaiting the installation of the Garsdale Street Chapel WW1 war memorial in St John’s now that the faculty has been granted.

• Holy Trinity Church, Howgill is in sound condition with no major works required or having been completed in the last year. Parishioner Richard Hoggarth casts a critical eye over the building inside and out and is ready to identify anything that needs attention. We continue to suffer areas of damp which are being monitored, but as the church is so rarely heated this is to be expected. The churchyard is kept tidy by volunteers but also left as natural as possible. An extension to the churchyard is on hold at the moment while we wait for the estate of the late Mary Blades to be completed.

• St John the Evangelist’s Church, Firbank had essential works completed to its roof in 2024, which will set up the structural integrity of the church for many years to come. Firbank Church Hall remains within the property of the PCC. It is maintained by a sub committee and is in good order.

• All Saints ’Church, Killington had no major works in 2024.

Deanery Synod Report

The first general meeting was on 7th March 2024 at St Thomas’s Church, Kendal. The spotlight issue was a report of the “Archbishop’s Commission, Church and Community” given by Beki Winter. She is the Project Officer for Housing, Justice in Faith in Affordable Housing. She talked about Housing Justice which was a national organisation supporting Christian action on the crisis of homelessness and housing.

Several of the Deanery members joined together for a Holy Saturday Easter Vigil, on 30th March, in Kendal, and an Ascension Day Service at St Patrick’s Church, Preston Patrick on 9th May, where the Dean of Carlisle presided and gave the sermon.

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THE PAROCHIAL CHURCH COUNCIL OF SEDBERGH AND LUNE

REPORT OF THE TRUSTEES (continued)

FOR THE YEAR ENDED 31 DECEMBER 2024

The second general meeting was on 4th July at St Thomas’s Church, Crosscrake. The Spotlight issue was “Kendal Network Youth Church” given by Richard Passmore (the Director of Northern Mission Centre) and NYC colleagues, talking about growing fresh expressions of Church with young people. He was assisted by Evette Ladds, leader of the Solway Network Youth Church. Richard highlighted the booklet “Imaginative Mission in and around Cumbria.”

The third general meeting was on 22nd October 2024 at St George’s, Kendal. The spotlight issue was “Towards net Zero” given by Anna Newlove. She is the Pastoral and Net Zero Officer for Carlisle Diocese. Starting her talk about the worldwide climate change issue, she brought the focus back to what Carlisle Diocese was doing to reduce their carbon dioxide emissions and what we might do to in our own Churches.

Safeguarding Report

The process of reviewing policies has continued ensuring that the PCC complies with the duty under Section 5 of the Safeguarding and Clergy Discipline Measure 2016 (a duty to have due regard to the House of Bishops’ guidance on safeguarding children and vulnerable adults).

Throughout 2024 DBS records and training of safeguarding courses continued to be updated. We have now adopted the Diocesan Safeguarding dashboard. The PCC is invited to discuss and approve the Level 1 Action Plan at the next PCC meeting.

There were no safeguarding logs to the Diocesan Safeguarding Adviser in 2024. Sessions will be offered by the diocese for face to face Basic and Foundation training in the parish in June 2025.

Financial Review

The charity has had a satisfactory year, achieving close to breakeven without including the unfunded costs of new machinery and equipment, or legacy income, which means that our routine income is almost covering our routine costs, including maintenance. The Ministry Offer to the Diocese of Carlisle totalled £53,300 and was paid in full.

Regular giving increased by almost 4%,and fund raising events generated almost 20% more than in 2023 – our supporters are being very generous with their funds as well as with their time.

The majority of the maintenance and capital expenditure costs at St. Andrew’s Sedbergh were covered by donations from The Friends of St. Andrews Church Sedbergh, to whom the Trustees are very grateful.

Our project to introduce cashless giving to all our churches was still at the research stage at year end; this remains a priority for 2025 because our churches have many visitors, and it is assumed that more people will carry smart phones than will carry cash.

The plan to rationalise our endowments and savings accounts, with more of our surplus cash invested, either in income shares in The CBF Church of England Investment Fund or, without risk, placed in The CBF Church of England Deposit Fund, is also still a work in progress – making these changes is not as simple as expected.

Reserves Policy

The PCC does not have a reserves policy as such. We continue to note that we have a considerable number of small funds, often created for a particular legacy or project, but in many cases it is not clear how these funds may be used. We have therefore requested approval from the Diocese to treat our endowment funds as expendable, not permanent, so that this capital, as well as the reinvested income, may be spent on our church buildings. We hope to complete this work during 2025 which, if successful, will also free up more funds for mission and outreach.

Page 4

THE PAROCHIAL CHURCH COUNCIL OF SEDBERGH AND LUNE

REPORT OF THE TRUSTEES (continued)

FOR THE YEAR ENDED 31 DECEMBER 2024

Structure, Governance and Management

The PCC cooperates with the vicar in promoting in the Parish the whole mission of the Church. The method of appointment of PCC members is set out in the Church Representation Rules. All Church attendees are encouraged to register on the Electoral Role and to consider standing for election to the PCC.

Trustees’ Responsibilities

The Trustees are responsible for preparing the Trustees’ Annual 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 income 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;

• observe the methods and principles in the Charities SORP 2019 (FRS 102);

• make judgements and estimates that are reasonable and prudent;

• state whether applicable UK 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 Trust will continue in operation.

The Trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the Trust and enable them to ensure that the financial statements comply with the Charities Act 2011 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the Trust and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

By order of the Trustees

M R Gray A G Burgess Treasurer Chairman

Date: December 2, 2025

Page 5

THE PAROCHIAL CHURCH COUNCIL OF SEDBERGH AND LUNE

INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF THE PAROCHIAL CHURCH COUNCIL OF SEDBERGH AND LUNE

I report to the charity trustees on my examination of the accounts of the company for the year ended 31 December 2024 which are set out on pages 7-18.

Responsibilities and basis of report

As the charity’s trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charites Act 2011 (‘the Act’).

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

Independent examiner's statement

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

1. accounting records were not kept in respect of the charity as required by section 130 of the Act; or 2. the accounts do not accord with those records; or

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

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Jenny McCabe FCA MHA Kendal House Murley Moss Business Village Oxenholme Road Kendal Cumbria LA9 7RL Date: December 2, 2025

Page 6

THE PAROCHIAL CHURCH COUNCIL OF SEDBERGH AND LUNE

STATEMENT OF FINANCIAL ACTIVITIES (including Income and Expenditure Account)

FOR THE YEAR ENDED 31 DECEMBER 2024

Income from: Donations and legacies 2 Charitable Activites Other trading activities Income from investments 3 Other income 4 Total Expenditure on: Fundraising expenditure 5 Charitable activities 6 Other expenditure 7 Total Net surplus or (deficit) before other recognised gains/(losses) Net gain / (loss) on investments	Restricted Endowed Total Total funds funds funds 2024 funds 2023 £ £ £ £ 103,795 - 103,795 120,748 22,138 - 22,138 13,130 - - - - 1,544 10,290 11,834 9,833 13,451 - 13,451 19,262
	140,928 10,290 151,218 162,973
	877 - 877 867 173,176 - 173,176 136,270 2,899 - 2,899 2,160
	176,952 - 176,952 139,297
	(36,024) 10,290 (25,734) 23,676 - 6,130 6,130 22,068
Net surplus or (deficit) before transfers Transfer between funds	(36,024) 16,420 (19,604) 45,744 - - - -
Net movement in funds Reconciliation of funds: Total funds brought forward Funds from churches introduced into PCC Total funds carried forward	(36,024) 16,420 (19,604) 45,744 168,986 332,910 501,896 456,152 - - - -
	132,962 349,330 482,292 501,896

Page 7

THE PAROCHIAL CHURCH COUNCIL OF SEDBERGH AND LUNE

BALANCE SHEET

AS AT 31 DECEMBER 2024

Fixed Assets Investments 10 Current assets Investments 10 Cash at bank and in hand Debtors 11	£ £ 271,730 90,864 157,957 11,127 2024	£ £ 271,730 90,864 157,957 11,127 2024	£ £ 261,122 84,459 181,287 13,911 2023	£ £ 261,122 84,459 181,287 13,911 2023
Creditors:amounts falling due within one year 12	259,948 (49,386)		279,657 (38,883)
Net current assets		210,562		240,774
Net assets		482,292		501,896
Funds: Restricted funds Endowment funds		132,962 349,330		168,986 332,910
Total funds		482,292		501,896

November 28, 2025 These accounts were approved by the Trustees and authorised for issue on ………. and are signed on behalf by:

Martiv Gray

fludirew Burgess A G Burgess Chairman

……………………… ………………………

M R Gray Treasurer

Page 8

THE PAROCHIAL CHURCH COUNCIL OF SEDBERGH AND LUNE

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

1. Accounting Policies

Basis of preparation

The charity constitutes a public benefit entity as defined by FRS 102. The financial statements have been prepared in accordance with the second edition of the Charities: Statement of Recommended Practice issued in October 2019, the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) and the Charities Act 2011 and UK Generally Accepted Accounting Practice.

The Parochial Church Council of Sedbergh and Lune meets the definition of a public entity under FRS 102.

The financial statements have been prepared under the historical cost convention as modified by the adoption of market value for investments.

The financial statements are a consolidation of the individual financial statements for the 6 churches within the Ecclesiastical Parish and the central income and expenditure for the Parochial Church Council (PCC).

The financial statements are prepared in sterling, which is the functional currency of the company.

Funds

Endowment funds are funds of which the capital must be maintained; income arising may only be used for the purposes for which the endowment was established.

Restricted funds represent donations, grants and income received for each of the separate churches within the control of the PCC. Balances remaining unspent are carried forward as balances in the separate funds.

Incoming resources

All income is recognised when received. All income resources are accounted for gross.

Investment gains and losses

This includes any unrealised gains or losses resulting from revaluing investments to market value market value at the year end.

Resources expended

Grants and donations are accounted for when paid over. The diocesan parish share is accounted for when paid. Amounts received specifically for missions are dealt with as restricted funds. Other expenditure is recognised when it is incurred and is accounted for gross.

Fixed assets

Consecrated and benefice property is not included in the accounts in accordance with section 10(2)(a) and (c) of the Charities Act 2011.

Moveable church furnishings held by the vicar and churchwardens on special trust for the PCC and which require a faculty for disposal are inalienable property, listed in the churches’ inventories, which can be inspected at any reasonable time. Assets acquired prior to 2000 are not valued, as there is insufficient cost information. Subsequently no individual item has cost more than £1,000. All expenditure below £1,000 has been written off when it occurred.

Investments

Investments are valued at market value at the year end.

Going concern

The Trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for a period of at least 12 months from the date the accounts are approved. Thus, the Trustees continue to adopt the going concern basis of accounting in preparing the financial statements.

Page 9

THE PAROCHIAL CHURCH COUNCIL OF SEDBERGH AND LUNE

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

2. Donations and legacies

==> picture [492 x 181] intentionally omitted <==

----- Start of picture text -----
Restricted Endowed Total Total
funds funds 2024 2023
£ £ £ £
Donations and gifts 37,947 - 37,947 17,778
Collections 5,748 - 5,748 8,049
Gift aid 13,766 - 13,766 12,826
Legacies 5,000 - 5,000 25,997
General grants 6,524 - 6,524 22,519
Regular Giving 34,810 - 34,810 33,580
103,795 - 103,795 120,748
----- End of picture text -----

3. Investment income

==> picture [500 x 143] intentionally omitted <==

----- Start of picture text -----
Restricted Endowed Total Total
funds funds 2024 2023
£ £ £ £
Investment income 935 2,443 3,378 2,842
Dividend income 179 7,847 8,026 6,991
Rental and leasing income 430 - 430 -
1,544 10,290 11,834 9,833
----- End of picture text -----

4. Other income

Fees received Power cut compensation Hall hire	Restricted Endowed Total Total funds funds 2024 2023 £ £ £ £ 8,131 - 8,131 8,964 - - - 2,788 5,320 - 5,320 7,510
	13,451 - 13,451 19,262

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THE PAROCHIAL CHURCH COUNCIL OF SEDBERGH AND LUNE

NOTES TO THE FINANCIAL STATEMENTS (continued)

FOR THE YEAR ENDED 31 DECEMBER 2024

5. Fundraising expenditure

==> picture [494 x 115] intentionally omitted <==

----- Start of picture text -----
Restricted Endowed Total Total
funds funds 2024 2023
£ £ £ £
Fundraising events 877 - 877 867
877 - 877 867
----- End of picture text -----

6. Charitable activities

Miscellaneous ministry costs Honorariums Ministry offer Church maintenance Governance and support (Note 8) Grants and donations made Insurance Light, heat and power Licences and subscriptions Legal and professional	Restricted Endowed Total Total funds funds 2024 2023 £ £ £ £ 1,300 - 1,300 1,058 - - - 175 53,300 - 53,300 59,250 80,403 - 80,403 38,745 6,226 - 6,226 8,521 1,294 - 1,294 1,729 11,541 - 11,541 10,353 17,345 - 17,345 13,034 327 - 327 825 1,440 - 1,440 2,579
	173,176 - 173,176 136,270

7. Other expenditure

Parochial fees paid	Restricted Endowed Total Total funds funds 2024 2023 £ £ £ £ 2,899 - 2,899 2,160
	2,899 - 2,899 2,160

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THE PAROCHIAL CHURCH COUNCIL OF SEDBERGH AND LUNE

NOTES TO THE FINANCIAL STATEMENTS (continued)

FOR THE YEAR ENDED 31 DECEMBER 2024

8. Support costs

==> picture [431 x 167] intentionally omitted <==

----- Start of picture text -----
Total Total
2024 2023
£ £
Accountancy 3,480 6,000
Telephone 474 156
Sundries and training 442 540
Photocopying, printing, postage and stationery 1,685 1,689
Bank charges 145 137
6,226 8,521
----- End of picture text -----

9. Trustees remuneration

None of the Trustees (or any persons connected to them) received any remuneration or expenses from the charity during the current and prior year.

10. Investments

Fixed Asset Investments Value brought forward Acquisitions at cost Disposals at cost Net gain/loss on revaluation Value carried forward Current Asset Investments Value brought forward Acquisitions at cost Net gain/loss on revaluation Value carried forward	Restricted Endowed Total Total funds funds 2024 2023 £ £ £ £ 1,500 259,622 261,122 234,518 - 4,478 4,478 4,536 - - - - - 6,130 6,130 22,068
	1,500 270,230 271,730 261,122
	11,170 73,289 84,459 79,552 - 5,811 5,811 - 594 - 594 4,907
	11,764 79,100 90,864 84,459

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THE PAROCHIAL CHURCH COUNCIL OF SEDBERGH AND LUNE

NOTES TO THE FINANCIAL STATEMENTS (continued)

FOR THE YEAR ENDED 31 DECEMBER 2024

11. Debtors

==> picture [487 x 152] intentionally omitted <==

----- Start of picture text -----
Restricted Endowed Total Total
funds funds 2024 2023
£ £ £ £
Trade debtors 11,127 - 11,127 13,911
Gift aid recoverable - - - -
Donations - - - -
Other debtors - - - -
11,127 - 11,127 13,911
----- End of picture text -----

12. Creditors: amounts falling due within one year

Trade creditors Accruals Other creditors	Restricted Endowed Total Total funds funds 2024 2023 £ £ £ £ 32,797 - 32,797 20,273 8,514 - 8,514 14,738 8,075 - 8,075 3,872
	49,386 - 49,386 38,883

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THE PAROCHIAL CHURCH COUNCIL OF SEDBERGH AND LUNE

NOTES TO THE FINANCIAL STATEMENTS (continued)

FOR THE YEAR ENDED 31 DECEMBER 2024

13. Restricted funds: current year

Sedbergh-Mission Fund Sedbergh-Tower Fund Sedbergh-Organ & Choir Fund Sedbergh-Restoration Fund Sedbergh-Marquee Fund Sedbergh-Non Specific Fund but detailed donees Sedbergh- Music Festival Sedbergh-Unspecified (Balance) Cautley-General Cautley 'Parochial Church Council of Cautley' GarsdaleActive Saver Garsdale Parochial Church Council Church Yard Account Garsdale Community Account Garsdale Parochial Church Council GarsdaleActive Saver Garsdale Parochial Church Council Howgill Current Account Firbank 'Charitable Bank Account 'Firbank Parochial Church Council ' Firbank Church Hall Current Account Killington B4RN Shares Killington Parochial Church Council Current Account Killington Betsy Gott Current Account Killington Betsy Gott Vicar and Church Wardens of Killington Parish Church	Balance Balance 01.01.24 Incoming Outgoing Transfers 31.12.24 £ £ £ £ £ 941 936 (800) - 1,077 3,763 480 (356) - 3,887 1,444 - (455) - 989 3,107 - - - 3,107 - 1,500 (450) - 1,050 25,032 - (200) - 24,832 12,517 45,991 (37,486) - 21,022 26,946 57,041 (69,474) 5,044 19,557 4,517 240 - - 4,757 7,338 15,281 (17,513) 692 5,798 556 8 - - 564 2,158 8,999 (9,090) 575 2,642 22,164 334 (1,000) - 21,498 5,614 3,910 (5,109) (148) 4,267 20,120 2,243 (4,253) (24,425) (6,315) 15,327 2,245 (24,246) 18,455 11,781 1,500 - - - 1,500 15,526 1,720 (6,520) (193) 10,533 348 - - - 348 68 - - - 68 Movement in resources
	168,986 140,928 (176,952) - 132,962

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THE PAROCHIAL CHURCH COUNCIL OF SEDBERGH AND LUNE

NOTES TO THE FINANCIAL STATEMENTS (continued)

FOR THE YEAR ENDED 31 DECEMBER 2024

13. Restricted funds: prior year

		Movement in resources	Movement in resources	Movement in resources
	Balance				Balance
	01.01.23	Incoming	Outgoing	Transfers	31.12.23
	£	£	£	£	£
Sedbergh-Mission Fund	1,020	923	(1,002)		941
Sedbergh-Tower Fund	3,477	306	(20)		3,763
Sedbergh-Organ & Choir Fund	1,802		(358)		1,444
Sedbergh-Restoration Fund	3,107		-		3,107
Sedbergh-Non Specific Fund but detailed donees	22,000	4,632	(1,600)		25,032
Sedbergh- Music Festival	12,640	280	(403)		12,517
Sedbergh-Unspecified (Balance)	28,763	75,574	(96,406)	19,015	26,946
Cautley-General	4,377	140			4,517
Cautley 'Parochial Church Council of Cautley'	9,005	9,277	(10,680)	(264)	7,338
GarsdaleActive Saver Garsdale Parochial Church Council Church Yard Account	551	5	-		556
Garsdale Community Account Garsdale Parochial Church Council	3,424	6,151	(7,599)	182	2,158
GarsdaleActive Saver Garsdale Parochial Church Council	21,955	209	-		22,164
Howgill Current Account	7,910	4,312	(6,705)	96	5,614
Firbank 'Charitable Bank Account 'Firbank Parochial Church Council '	9,998	15,166	(5,044)		20,120
Firbank Church Hall Current Account	2,301	34,165	(2,683)	(18,455)	15,327
Killington B4RN Shares	1,500		-		1,500
Killington Parochial Church Council Current Account	20,160	2,738	(6,798)	(574)	15,526
Killington Betsy Gott Current Account	348				348
Killington Betsy Gott Vicar and Church Wardens of Killington Parish Church	68				68
	154,406	153,877	(139,297)	-	168,986

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THE PAROCHIAL CHURCH COUNCIL OF SEDBERGH AND LUNE

NOTES TO THE FINANCIAL STATEMENTS (continued)

FOR THE YEAR ENDED 31 DECEMBER 2024

14. Endowed funds: current year

Movement in resources

	Balance				Balance
				Net
				gain/loss on
	01.01.24	Incoming	Outgoing	investments	31.12.24
	£	£	£	£	£
SEDBERGH PC WALKER BEQUEST	26,404	-	-	604	27,008
SEDBERGH PC OLIVER TRUST	2,689	-	-	61	2,750
SEDBERGH PC FABRIC FUND	15,711	-	-	360	16,071
SEDBERGH FABRIC	13,561	1,977	-	-	15,538
CAUTLEY PCC	4,951	-	-	113	5,064
CAUTLEY REPAIR	746	-	-	17	763
CAUTLEY BARKER	50	-	-	1	51
CAUTLEY HOUGHTON BEQUEST	5,314	-	-	122	5,436
CAUTLEY REPAIRS	8,078	590	-	-	8,668
GARSDALE/BADRICK BEQUEST	34,766	-	-	796	35,562
GARSDALE GENERAL	201	-	-	-	201
GARSDALE Vicar and Churchwarden account	11,971	1,150	-	-	13,121
HOWGILL SEDGEWICK	995	23	-	-	1,018
HOWGILL FABRIC	8,997	477	-	-	9,474
HOWGILL ORGAN	10,384	551	-	-	10,935
FIRBANK-STREETS/GRAVE	203	-	-	5	208
FIRBANK	20,099	1,067	-	-	21,166
KILLINGTON BETSY GOTT	166,867	4,481	-	4,004	175,352
KILLINGTON HESFORD	926	(26)	-	47	947
	332,910	10,290	-	6,130	349,330

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THE PAROCHIAL CHURCH COUNCIL OF SEDBERGH AND LUNE

NOTES TO THE FINANCIAL STATEMENTS (continued)

FOR THE YEAR ENDED 31 DECEMBER 2024

14. Endowed funds: prior year

SEDBERGH PC WALKER BEQUEST SEDBERGH PC OLIVER TRUST SEDBERGH PC FABRIC FUND SEDBERGH FABRIC CAUTLEY PCC CAUTLEY REPAIR CAUTLEY BARKER CAUTLEY HOUGHTON BEQUEST CAUTLEY REPAIRS GARSDALE/BADRICK BEQUEST GARSDALE GENERAL GARSDALE Vicar and Churchwarden account HOWGILL SEDGEWICK HOWGILL FABRIC HOWGILL ORGAN FIRBANK-STREETS/GRAVE FIRBANK KILLINGTON BETSY GOTT KILLINGTON HESFORD	Balance Balance 01.01.23 Incoming Outgoing Net loss on investments 31.12.23 £ £ £ £ £ 24,134 - - 2,270 26,404 2,458 - - 231 2,689 14,360 - - 1,351 15,711 11,939 1,622 - - 13,561 4,525 - - 426 4,951 682 - - 64 746 47 - - 3 50 4,857 - - 457 5,314 7,673 405 - - 8,078 31,776 - - 2,990 34,766 195 - - 6 201 10,912 1,059 - - 11,971 909 86 - - 995 8,604 393 - - 8,997 9,931 453 - - 10,384 185 - - 18 203 19,475 624 - - 20,099 148,238 4,481 - 14,148 166,867 846 (25) - 105 926 Movement in resources
	301,746 9,096 - 22,068 332,910

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THE PAROCHIAL CHURCH COUNCIL OF SEDBERGH AND LUNE

NOTES TO THE FINANCIAL STATEMENTS (continued)

FOR THE YEAR ENDED 31 DECEMBER 2024

15. Analysis of net assets between funds: current year

==> picture [458 x 136] intentionally omitted <==

----- Start of picture text -----
Fixed Net current
assets assets 2024
£ £
Restricted funds 1,500 131,463 132,963
Endowed funds 270,230 79,099 349,329
Total funds 271,730 210,562 482,292
----- End of picture text -----

15. Analysis of net assets between funds: prior year

==> picture [466 x 138] intentionally omitted <==

----- Start of picture text -----
Fixed Net current
assets assets 2023
£ £ £
Restricted funds 1,500 167,486 168,986
Endowed funds 259,622 73,288 332,910
Total funds 261,122 240,774 501,896
----- End of picture text -----

16. Capital commitments

There were no capital commitments at 31 December 2024 or 31 December 2023.

17. Taxation

As a charity, The Parochial Church Council of Sedbergh and Lune is exempt from tax on income and gains falling within sections 472-474 of the Corporation Tax Act 2020, sections 478-489 of the Corporations Tax Act 2020, or section 256 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects. No tax charges have arisen in the Charity.

18. Related party transactions

In the absence of an online banking facility, the Treasurer (Martin Gray) regularly uses his own bank account for paying smaller invoices, reimbursed at intervals by cheques drawn on St. Andrew’s Church, Sedbergh. At the year end, the amount owed to Martin Gray under this arrangement was £8,075 (2023: £3,872).

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