**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.
Page 2
## **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.
Page 3
## **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
3. 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|
|||
Page 10
## **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|
|||
Page 11
## **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|
|||
Page 12
## **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|
|||
Page 13
## **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**|
|||
Page 14
## **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**|
Page 15
## **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**|
Page 16
## **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|
|||
Page 17
## **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).
Page 18