Annual Report and Financial Statements of the Parochial Church Council of Blakenall Heath Christ Church st For the year ended 31 December 2024 Charity registralion number.. 1135579
The Parochial Church Council of Blakenall Heath Christ Church Trustees, Annual Report for the year ended 31st December 2024 Cliarity registration number.. 1135579 Objectives and Activities The Parochial Church Council of Blakenall Heath Christ Church (the PCC) has the responsibility of co- operating with the incumbent, the Reverend Helen Babiy, in promoting in the ecclesiastical parish, the whole mission of the Church, pastoral, evangelical, social, and ecumenical. The PCC is also spiritually responsible for the maintenance of the church. The PCC is committed to enabling as many people as possible to worship at our churches and to become part of our parish community at Blakenall Heath Christ Church. 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. scripture, music, and sacrament. Also, through non-sacramental activities of hospitality and fellowship we aim to reach non churched members of the community. Public Benefit The trustees of the PCC are aware of the Charity Commission's guidance on public benefit in The Advancement of Religion for the Public Benefit and have had regard to it in their administration of the Charity. The trustees believe that, by promoting the work of the Church of England in the Ecclesiastical Parish of Blakenall Heath Christ Church it helps to promote the whole mission of the Church (pastoral, evangelistic, social, and ecumenical) more effectively, within the Ecclesiastical Parish, and that in doing so it provides a benefit to the public by.. Providing facilities for public worship, pastoral care, and spiritual. moral, and intellectual development, both for its members and for anyone who wishes to benefit from what the Church offers" and Promoting Christian values and service by members of the Church in and to their communities, to the benefit of individuals and society as a whole. Achievements and Performance The PCC is committed to enabling as many people as possible to worship at our churches and to become part of our parish communities at Christ Church and St. Chad's. 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. Our churches are proud to work with local communities, both welcoming them into the church and meeting them where they are. We have strong links within our communities which place the churches at the heart of our local areas. There is regular lay pastoral support in both churches to ensure there is support for those who are in spiritual and emotional need in our communities. We will continue to support and be with all those in our communities who are searching for Jesus in their lives. We will develop worship and prayer to meet the needs of those whom we serve. Financial Review Net assets at 31.12.2024 were £202,818 (2023.. £204,789). Total deficit for the year £3,734, of which £4,381 deficit is unrestricted, and a small surplus of £647 is restricted.
Our principal source of funding is the giving from members of the churches and gift aid reclaimed from this giving. Total income has risen to £51.068 from £39,406 in 2023. In general giving is lower than in 2023, but donations have increased. In 2024 there was a reimbursement for the Hall electricity bill from Lichfield Diocesan Board of Finance of £6,568. Expenditure supports the worship and maintenance of the church and Common Fund. Total expenditure in 2024 was £54,801 compared to £41,899 the previous year. Church maintenance was higher in 2024 due to the replacement of the electric box. And the church gas bills were high. But there was reduction in the Hall electricity bills because the Nursery is now responsible for paying them. Reserves Policy It is PCC policy to try to maintain a balance on free reserves (net current assets) which equates to at least three months unrestricted payments. This is equivalent to £11,569 (2023: £9,562). It is held to smooth out fluctuations in cash flow and to meet emergencies. The balance of the free reserves at the year-end was £89,891 (2023.. £94,110). The investment is a source of income and would only be used in emergencies. Therefore, if this was not included in the free-reserves calculation, the free reserves based on net current assets, would be £11,112 (2023: £17,095), which is in line with the policy. Investment Policy The charity is granted power to invest in suitable investments under the PCC Powers Measure 1956 and the Trustees Act 2000. As a charity, the Trustees have a duty of care to take such advice as is appropriate before investments are undertaken. This advice is sought from the Central Board of Finance (CCLA) in London. The charity's investment policies are based on two key principles: Ethical Investment - this includes ensuring that investments are held in companies which have high standards of corporate governance and act in a responsible way towards stakeholders. Long-term responsibilities the trustees are aware of their long-term responsibilities in respect of the Restricted and Unrestricted reserves and as a result follow a prudent approach to investment decisions. Investment policy for long-term funds is aimed primarily at generating a sustainable income, with due regard to the need for the preservation of capital value, and the possible need to realise investments to meet operational needs. The charity does not have a policy of generating income at excessive or high risk - known as "purchasing income" where high returns are guaranteed at the expense of capital. In summary, the charity has an overall policy to maximise income while preserving the real value of its funds. Due to the nature of the charity, an ethical investment policy is taken into consideration when investments are made.. The charity follows the Ethical Investment Advisory policy as recommended by the Lichfield Diocese which includes the following= "We aim to invest in companies that.. Will develop their business in the interests of shareholders., demonstrate responsible employment practices" are conscientious concerning issues of corporate governance, the environment and human rights. are sensitive to the community in which they operate." Planned giving, collections and donations are the main sources of fund raising along with tax recoverable. Safeguarding The PCC believe they have fulfilled their duty under section 5 of the Safeguarding and Clergy Discipline Measure 2016 (duty to have due regard to House of Bishops, guidance on safeguarding children and vulnerable adults).
Reporting Serious Incidents A Serious Incident is an adverse event, whether actual or alleged, which results in or risks significant harm to the charity's beneficiaries, employees, office holders, volunteers or to others who come into contact with the charity through its work, loss of the charity's money or assets, damage to the charity's property or harm to the charity's work or reputation. There have been no Serious Incidents in the last year. Risk Management The Church Wardens carry out regular Health and Safety Reviews and regularly inspect premises for potential hazards. We have safeguarding policies in place for child protection and for work with vulnerable adults, including rigorous DBS checking of staff and volunteers. Our insurances are reviewed annually to ensure adequate cover. An informal review of any new risks which may impact the work of the Church in the Parish is ongoing. Structure, Governance and Management The PCC is a Body Corporate established by the Church of England and is a Charity registered with the Charity Commission. The PCC is governed by the Parochial Church Council Powers Measure (1956) as amended that came into effect on 2nd January 1957, and the Church Representation Rules (contained in Schedule 3 to the Synodical Government Measure 1969 as amended). The method of appointment of the PCC members is set out in the Church Representation Rules. The Council comprises the Incumbent, the Churchwardens, a representative of the Readers, those elected to the Deanery Synod, and other members who are elected at the Annual Parochial Church Meeting, by those on the Electoral Roll. The PCC members receive training from courses run by the Diocese. Members of the congregation are urged to join the Electoral Roll, and to stand for election to the PCC. The PCC members are responsible for making decisions on all matters of general concern and importance in the parish, and for all financial matters. The PCC meets 4 times a year. Reference and Administrative details The parish is made up of two churches- Christ Church Blakenall Heath and St Chads, Beechdale. Christ Church is situated in Blakenall Heath, Walsall WS3 1 HT while St Chads is in Edison Road, Walsall WS2 7HT, and both are part of the Deanery of Walsall, in the Diocese of Lichfield. The email address is walsall@theminster.org and the phone number is 07478 217915. Registered charity number 1135579. Our website address is.. http:Ilchristchurchblakenallheath.co.uk PCC members who have senied from 1st January 2024 until the date this report was approved were: Ex Officio Members Priest in Charge Mission Priest Readers Rev'd Preb. Mark Mclntyre Rev'd Helen Babiy Mrs Sue Thompson (and Deanery Synod Rep) Mr Rob Thompson Churchwardens Mrs Sheila Beeson (Christ Church Warden) (until 2513125) Mrs Johanne Harrison (St Chad's Warden and Deanery Synod Rep) (until 314125)
Miss Mandy Keay (Parish Warden. Deanery Synod Rep & St Chad's TFeasui (until 314125) Mr Robert Langston (St. Chad's Warden) (until 314125) Mr David Jones (Parish Warden and Christ Church Warden) (until 1213125) Deanery Synod Reps Ms. Jane Harrison (until 314125) Ms SLie McDonald (and Christ Church Secretary) (until 314125) Elected Members Mrs Deborah Langston Ms Kalli Parr (Iiiitil 314125) Mi8 Siie Sti)iie (Linlil 314125) Mrq l.Ileri Bp.ai-d (until 314125) Mrs Dot Doody (until 314125) Mrs. PaLila Cox (Lintil 314125) Mrs Racliael Stentiford (until 314125) Melissa RILliardson (until 314125) Dorriii Aigbe (from 314125) from 314125) Cliai-lotte Owen (from 31412 Ezii Anaba (from 314125) Daniel Calebretzio-Peakman (from 314125) Elliot Pfevbe (from 314125) Names and addresses of advisers Bank HSBC 127 High St Bloxwich WS3 3LF Investment Managers CCLA 1 Angel Lane, London EC4R 3AB ndependent xaminer Jonathan Hill Lichfield Diocesan Board of Finance St Mary's House, The Close, Lichfield WS13 7LD Jvd Helen Babiy (Missio Priest) Elliot P ebve (Treasurer)
Independent Examiner's report to the trusteeslmembers of The PCC of Blakenall Heath Christ Church Registered charity number.. 1135579 I report on the accounts for the year ended 31 $1 December 2024 which are set out on the following pages. Res ective res onsibilities of the Trustees and Inde endent Examiner The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year under Section 144 of the Charities Act 2011 (the Charities Act) and that an independent examination is needed. It is my responsibility to examine the accounts under section 145 of the Charities Act, to follow the procedures laid down in the General Directions given by the Charity Commission (under section 145(5)(b) of the Charities Act, and to state whether particular matters have come to my attention. Basis of Inde endent Examiner's Statement My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from the trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a "true and fair view, and the report is limited to those matters set out in the statement below. Inde endent Examiner's Statement In connection with my examination, no material matters have come to my attention which gives me cause to believe that in any material respect.. accounting records were not kept in accordance with section 130 of the Charities Act or the accounts do not accord with the with the accounting records. 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. I have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached. Signed: Jonathan Hill FCMA CGMA Lichfield Diocesan Board of Finance St Mary's Hcuse, The Close, Lichfield. WS13 7LD Date.. Ifl •l Iz¥yir
The Parochial Church Council of Blakenall Heath Christ Church Financial Statements for the Year Ended 31st December 2024 Accounting Policies The PCC is a public benefit entity within the meaning of FRS 102. The financial statements have been prepared under the Charities Act 2011 and in accordance with the Church Accounting Regulations 2006 governing the individual accounts of PCCS, and with the Regulations true and fair view" provisions. They have also been prepared in accordance with the Charities SORP (FRS 102). The financial statements have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant notes to these accounts. 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. There may be minor discrepancies in the totals as the pence are not being shown. Cashflow Statement The Charity has taken advantage of the exemption in FRS102 from the requirement to produce a Cash flow statement on the grounds that the income does not exceed £500,000. Going Concern Although, the PCC has positive free reserves, it should be noted that St Chad's has received a substantial Special Assessment on its common fund Sin 2022, reducing the assessed common fund to £5,000 for 2022 and £5,500 for 2023. In 2024. the requested common fund was reduced from £12,964 to £5,775 by Special Assessment. This has enabled the PCC to continue as a going concern. Accounting Estimates and Prior Year Errors No changes to accounting estimates have occurred in the reporting period. No material prior year errors have been identified in the reporting period. Description of Funds Unrestricted funds are income funds of the PCC that are available for spending on the general purposes of the PCC, including amounts designated by the PCC for fixed assets for its own use or for spending on a future project and which are therefore not included in its free reserves as disclosed in the trustees, annual report. Restricted funds comprise of two elements.. a) income from trusts or endowments which may be expended only on those restricted objects provided in the terms of the trust or bequest 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 forward as a balance on that fund. The PCC does not usually invest separately for each fund. Vvhere there is no separate investment, interest is apportioned to individual funds on an average balance basis.
Accounting Policies continued Income Planned giving, collections and donations are recognised when received or when the PCC becomes entitled to the resource and the monetary value can be measured with sufficient reliability. Tax refunds are recognised when the incoming resource to which they relate is received. Grants and Legacies are accounted for when the PCC is legally entitled to the amounts due, and the monetary value can be measured with sufficient reliability. Dividends are accounted for when receivable, interest is accrued. All other income is recognised when it is receivable. All incoming reSoUrS are accounted for gross. Expenditure Grants and donations are accounted for when paid over, or when awarded, if that award creates a binding or constructive obligation on the PCC. The diocesan parish share is accounted for when due. Amounts received specifically for mission are dealt with as restricted funds. All other expenditure is generally recognised when it is incurred and is accounted for gross. Governance and Support Costs Support costs should be allocated between governance costs and other support. Governance costs comprise all costs involving public accountability of the PCC and its compliance with regulation and good practice. Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources e.g., by allocating staff costs by time spent and other costs by their usage. Fixed Assets Consecrated and benefice property is not included in the accounts by s.10(2)(a)&(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 Church's inventory, which can be inspected (at any reasonable time). For anything acquired prior to 2000 there is insufficient cost information available and therefore such assets are not valued in the financial statements. No depreciation is provided on buildings as the currently estimated residual value of the properties is not less than their carrying value and the remaining useful life of these assets exceeds 50 years, so that any depreciation charges would be immaterial. The PCC own a church hall that is looked after by Christ Church. It is not included within the accounts. It was valued for insurance purposes on 1st May 2025 at £3.66m. Investments Investments in quoted shares, traded bonds and similar investments are valued initially at cost and subsequently at market value at the year end. Investments held for re-sale are treated as current asset investments. Debtors Debtors are measured on initial recognition at settlement amount. Subsequently they are measured at cash expected to be received. Creditors and Accruals Creditors are measured at settlement amounts less any trade discounts. Accruals are measured on best estimate of the amount required to settle the obligation at the reporting date.
Blakenall Heath Christ Church PCC Year ended 31st December 2024 Statement of Financial Activities Unrestricted Designated Restricted Endowment funds funds funds funds Total Prior year funds total funds Recelpts Donations and legacies Income from charitablè aclivrf(ies Other trading activities Investments Other income Total income 11,161 10,942 8.150 3,472 6569 40,294 8,598 19.759 10.942 8.150 5,648 9,978 13,162 10,588 5.678 1,601 575 1,601 9,173 51,068 39.406 Payments Raising funds Expenditure on charitable activities Other expenditure Total expenditure 106 46.170 106 48,767 5,929 54,801 2.597 5,929 8,526 41,899 46,276 41,899 Net income I lexpenditurel resources before transtsr 15,9821 1,601 647 13,7341 12.4931 Transfers Gross transfers between fiJnds- in Gloss transfers between funds- out Other recognised gains I losses Gains I10sse5 on investment assets Net movement in funds 159,803 1159,8031 1,763 14,2191 1,763 11,9711 6,624 4,131 1,601 647 Total funds brought forward 94,110 79.901 30,777 204,789 200,658 Total funds carried fonvard 31,424 202,818 204.789 Represented by Unrestricted General Fund 89.891 89.891 94,110 Designatèd John Marlow Legacy Designated Fund 81,503 81,503 79.901 Restricted Bell Ringers Choir Restricted Drop In Centre Flower Fund Hall Donations Needy In Parish Sunday School Tower Restoration Fund Total funds 1.784 377 6.918 53 20 75 203 21.994 31,424 1.784 377 6,918 53 20 75 203 21,994 202.818 1,748 372 6,818 75 199 21.565 204,789 89,891 81.503
Blakenall Heath Ciirist Church PCC Year ended 31st December 2024 Balance sheet Tot411 fu nds Prior year fuiids Fixed assets Ini'eslniei?ts 78,779 78,779 77.016 77,016 Ctirrent assets Debler< Cash ai bank and in liaiid 939 156.651 157.590 855 165.453 166.308 Liabilities Creditors Amoiints falliiiq due Iii oiie year 33.551 33,551 38.535 38,535 Nei Current assets less ciirrenl liabilities 124.039 127.773 Total assets less Current liabilities 202.818 204,789 Total net assets les< liabilities 202 818 204,789 RepSented by Unresiricted Ce-. "-tsl Fund 89 891 94.110 Desi9naed I121 i)w. L=gGGy Designated Fund 81,503 79.901 ReotrTCted 1,784 75 203 21.994 377 6,918 53 20 1.748 75 199 Trtjkr P.I¥SiDfs+ion Fund CYJir P.54", lrted 37£ 6,81E H211 DJn21ions Funds ofthe church 202,818 204.78, pproved by the Parochial Church Council on 2025 and signed on its behalf by.. gnature." Ime". . Rev Helen Babiy (Mission Priest). e notes on the following pages form part of these accounts 10
Blakenall Heath Christ Church PCC Year ended 31st December 2024 Analysis of Funds - 2024 General Desi nated Restricted Endowment This ear Last ear Fixed assets - Investments CBF Investment Fund {82051 (Christ Churc- CBF Investment Fund - PCC ILDTI- 1.619 77,160 78,779 1,619 77,160 78.779 1,582 75,434 77,016 Totals Current assets - Cash at bank and In hand Christ Church HSBC Current {61701 . Sl Chad current account- Christ Church HSBC Money Master {1088)- CBF deposit account- PCC - Christ Church CBF Deposil182041- Christ Church HSBC Charity Fund Deposit- Totals 12.217 337 1,427 19,773 8,511 396 42.662 1,135 13.352 337 114,282 19,773 8,511 396 156,651 18,711 834 112,038 25,375 8,082 412 165,453 81,503 31,352 81.503 32.486 Current assets - Debtors Hall Electricity Debtor- Accounts Retsivable- 939 939 855 855 Totals 939 939 Llabilities - Agency accounts Agency colleelions 1.062 1.062 1,062 1,062 1.271 1,271 Totals Liabilities - Crgditors: Amounts falling due in one year Hall Hire Deposit {Chrisl Church) - Income Received in Advan (Christ Churc- Parish Share Arrears120151- Sl Chad - Parish Share Arrears12016)- Sl Chad - Parish Share Arrears {2017}- St Chad - Parish Share Arrear5120181- St Chad - Parish Share Arrears120191- St Chad - Parish Share Arrear5120201- St Chad - Parish Share Arrears120211- Sl Chad- Common Fund Arrears {20231- Sl Chod - Common Fund Arrears {2024)- Sl Chad - T¢)tals 1,800 1,800 1.800 8.150 1,096 3,907 3,150 6,537 4.966 1.874 4,584 1,200 1.096 3.907 3.150 6,537 4.966 1,874 4,584 1.200 3.375 32,489 1.096 3.907 3,150 6,537 4,966 1,874 4,584 1.200 3.375 32,489 37.264 Grand total 89,891 31.424 202.818 204 789 Analysis of Funds - 2023 General Desi nated Restricted Endowment This ear Last ear Flxed assets - Invesknents CBF Investment Fund182051 (Christ Church) - CCLA Investment Fund- PCC- 1,582 75.434 77,016 1,582 75,434 77,016 1.445 68,947 70.392 Totals Current assets- Cash at bank and In hand Sl Chad current account- Christ Church HSBC Currenl116170) _ Christ Church HSBC Money Masler110881- C8F dep051t account- PCC- Christ Church CBF Deposil182041- Christ Church HSBC Charity Fund Deposit- Christ Church Tower Building Current {69 - Christ Church Tower Building HSBC Money- Interior Decorating Scheme - 834 17,440 1,360 25,375 8,082 412 834 18.711 112,038 25,375 8.082 412 492 109.309 20,295 23.051 7.831 428 1,271 30,777 79.901 21,217 2,251 184.879 Totsls 53,504 79.901 32.048 165.453
Current assets - Debtors Accounts Receivable- 855 855 855 855 Totals Liabilities - Agency accounts Agency collections- 2,447 2.447 Totals 1.271 1.271 Liabilities - Creditors: Amounts falling due in one year Hall Hire Deposit {Chrisl Church) Income Received in Advance (Christ Churchl- Parish Share Arrears {20151- Sl Chad - Parish Share Arrears (20161- Sl Chad - Parish Share Arrears120171- Sl Chad - Parish Share Arrears12018}- St Chad - Parish Share Arrears120191- St Chad - Parish Share Arrears120201- St Chad - Parish Share Arrears120211 _ St Chad - Common Fund Arrears {20221- Christ Chur- Common Fund Arrears {20221- Sl Chad - Common Fund Arrears {20231- Sl Chad - Totsls 1.800 8.150 1.096 3.907 3,150 6,537 4,966 1,874 4.584 1,800 8,150 1,096 3,907 3,150 6,537 4,966 1,874 4.584 1.800 16.300 1.096 3.907 3,150 6,537 4,966 1.874 4.584 7.502 450 1.200 37,264 1,200 37.264 52,166 Grand total 94.110 79.901 30.777 204.789 200.658 Fund movement by type- 2024 enin Incomin Out oin Transfers Gainsllosses Closin BellRinger- Bell Ringers Restricted 1.748 1,748 36 36 1.784 1,784 Sub-total for BellRinger Choir- Choir Restricted Restricted 372 372 377 377 Sub-total for Choir Dropln - Drop In Centre Reslricled 6,818 6,818 100 100 6,918 6,918 Sub-totsl for Dropln Flowers - Flower Fund Restricted 130 130 78 78 53 53 Sub-total for Flowers General - General Fund Unreslricled 94.110 94,110 40,294 40.294 46,276 46,276 1,763 1.763 89,891 89.891 Sub-total for General Hall - Hall Donations Restricted 20 20 20 20 Sub-total for Hall Marlow Leg-John Marlow Legacy D Designated 79.901 79.901 1.601 1.601 81.503 81,503 Sub-total for Marlow Leg Needy - Needy In Parish Restricted 75 75 75 75 sUtOtal for Needy Sett]ement- Settlement Restricted Restricted 8,448 8.448 8.448 8,448 Sub-total for Settlement Sundayschool - Sunday School Restricted 199 199 203 203 Sub-total for Sundayscho 12
Tower- Tower Restoration Fu Restricted 21,565 21,565 430 430 21,994 21.994 Sub-total for Tower Grand total 204,789 51.068 54,801 202,818 Fund movement by type - 2023 enin Incomin Out oin Transfers Gains/losses Closin 8ellRinger - Bell Ringers Restricted 1.748 1,748 1,748 1,748 Sub-totsl for 8ellRinger Cholr- Choir Restrictsd Restricted 372 372 372 372 Sub-total for Choir Dropln - Drop In Centre Restricted 6,761 6.761 57 57 6.818 6,818 Sub-totsl for Dropln Energy Gra - Energy Grant Restrlc Reslricled 1,000 1.000 1,000 1.000 Sub-total for Eneryy Gra General - General Fund Unreslricled 88.129 88,129 37.606 37,606 38,249 38.249 6,624 6,624 94,110 94,110 Sub-total for General IDS - Interior Decorating Restricted 2,251 2,251 399 399 2,650 2.650 Sub-total for IDS Marlow Leg - John Marlow Legacy D Designated 79,901 79.901 79.901 79,901 Sub-total for Marlow Leg Needy - Needy In Parish Restricted 75 75 75 75 Sub-total for Needy SundayScho- Sunday School Restricted 199 199 199 199 Sub-total for Sunday School Tower- Tower Restoration Fu Restricted 21,222 21,222 343 343 21.565 21,565 Sub-total for Tower Grand total 200,658 39.406 41,899 6.624 204.789 Analysis of Transfer between Funds 2024.. There were no fund transfers. 2023.. There were no fund transfers. Description of Funds Designated Funds Marlow Legacy- legacy from John Marlow, received in 2022, for Christ Church church 13
Restricted Funds Bell Ringers - for payment of subscriptions to bell ringers associations and maintenance of Christ Church Bells Choir- for purchasing sheet music and music supplies at Christ Church Drop-ln Centre - money raised by Christ Church drop in, specifically to be used for Christ Church fabric (Church and Church Hall) Flowers - to support the provision of flowers in the church at Christ Church Hall - towards the maintenance and upkeep of the hall at Christ Church Needy In Parish - money given to be used for specific needs in the parish. Sunday School - for purchasing of materials for use in Christ Church Sunday school. Tower Restoration - for the restoration and maintenance of the tower at Christ Church Analysis of income and expenditure Total Unrestricted De51 nated Restricted Endowment This ear Last ear INCOME AND ENDOWMENTS Donations and legacies Gift Aid- Bank Other planned giving Loose plate collections Funeral & Wedding Collections Donations appeals etc Tax recoverable on Gift Aid Non-recurring one-off granls Other funds generated 1.907 480 3.206 1,196 2,795 1,453 59 64 11,161 1,907 480 3.206 1,196 2,945 1,453 8.507 64 19,759 2,239 619 4,668 150 607 842 1,000 8,448 Total 8.598 9,978 Income from charitable activities Fees for weddings and funerals 10.942 10,942 10.942 10,942 13.162 13,162 Total Other trading activities Church hall leltings fund raising Church hall leltings 2,438 8.150 10,588 8.150 8.150 8,150 8,150 Total Investments Dividends Bank and building society interest Total 2,138 1,334 3,472 2,138 3.510 5.648 2,506 3.173 5,678 1.601 1,601 575 575 Other income Olher income 6.569 6.569 40,294 6.569 6.569 51,068 Total INCOME TOTAL 1,601 9.173 39.406 14
EXPENDITURE Raising funds Costs of fetes & other events 106 106 106 106 Total Expenditure on charitable activities Common Fund Common Fund Special Agreement Working expenses of incumbenl Other clergy expenses Vicarage house costs Parish training and mission Hospitality Church running - insurance Organ I piano luning & service Church maintenance Cleaning Upkeep of seiceS Cost of services Upkeep of churchyard Upkeep of churchyardlgardens Administration Bank Charges Visiting speakers I locums Church running - electric Church running- gas Church running- water Hall running electricily Hall running - gas Hall running - insurance Hall running - maintenance Hall running water Governance costs examinationlaudit fee 28,820 (9,750) 28,820 (9,750) 18.152 80 (40) 2,650 403 217 4,124 219 1,892 40 498 433 130 300 1,122 258 336 2,540 1,640 357 3.590 526 579 1,350 140 360 120 120 787 33 4,328 247 7,420 72 462 253 787 33 4,328 247 7,420 72 462 331 78 312 1,250 222 312 1,250 222 3,310 5,472 243 322 323 524 725 374 300 3,310 5,472 243 322 323 524 725 374 2.819 2,519 Total 46,170 2,597 48,767 41,899 Other expenditure Historical Settlemenl 5.929 5,929 8.526 5,929 5.929 54,801 Total EXPENDITURE TOTAL 46.276 41.899 GRAND TOTAL 5,982 1,601 647 3,734 2,493 Allocation of Support Costs Support costs comprise Trustee Training and Governance Costs etc. Due to the nature of the financial activities of the PCC, these would be allocated across Charitable Expenditure which comprises the majority of its expenditure and as such are automatically charged there. Staff Costs The PCC do not employ any staff. Trustees, Remuneration & Expenses 1 trustee has been reimbursed £Nil expenses incurred during the year. (2023: £255) J5
Related Parties No expenses were paid to any other PCC member. persons closely connected to them or related parties. Donations from related parties (PCC Member) totaled £520 (2023.. £1,1360) during the year. Fees for the examination of the accounts 2024 2023 Independent Examiner's fees 175 150 Other fees {e.g., accountancy services) paid to the Independent Examiner 175 150 Fixed Assets Fixed Asset Investments At 1st Jan Additions Disposals Transfers Change in market value At 31st Dec Unrestricted Funds CBF Invèstment Fund - LDT TN506 (St Aidan's) 75,434 1,727 77,160 CBF Instment Fund (Christ Church) 1,582 1,619 Total 77,016 1,763 78,779 16
Creditors Amounts falling due in one year. 2024 2023 unStriCted Parish Share- St Chad (2015-21) Common Fund - St Chad {2022-24) Hall Hire deposit (Christ Church) Income in advance (Christ Church) 26,114 4,575 1,800 26,114 1,200 1,800 8,150 37,264 32,489 Restricted Agency 1,062 1,271 Total 33,551 38,535 The total common fund liability remains the responsibility of the PCC. The PCC allocated the amount of common fund requested between the churches based on a 55.45 split. St Chad's total common fundlparish share arrears at 31112124 of £30,689 (2023.. £27,314) remains outstanding. Statement of Financial Activities - 2023 Unrestricted Designated Restricted Endowment funds funds funds funds Total Prior year funds total funds Income and endovmients from.. Donations and legacies Income from charitable activf(ies Other trading activf(ies Investments Other income Total income 8,874 13.162 10.588 4.983 1.104 9,978 13,162 10.588 5,678 91,123 12,820 9,123 2.273 16,420 131.760 695 37,606 1,799 39.406 Expenditure on.. Expenditure on charitable activf(ies Total expenditure 38,249 38,249 3.650 3.650 41.899 41.899 48.391 48,391 Net income Ilgxpenditurel resources before transfer {6421 11.8511 12,4931 83,369 Transfers Gross transfers between funds- in Gross transfers beeen funds- out Other recognised gains I losses Gains I losses on investment assets Net movement in funds 79,901 {79.901} 79,901 179.9011 159.803 {159,8031 6,624 5.981 6,624 4,131 9,393 73,976 {1,851) Total funds brought foThvard 88.129 79.901 32.628 200,658 126,682 Total funds carried forward 94,110 204,789 200,658 The PCC accounts represent a consolidation of the two District Church Councils, one representing Christ Church and one representing St Chads. The accounts for each DCC are shown on the following pages. 17
Blakenall Heath Christ Church Year ended 31st December 2024 - excl share of St Aidan's and curate's house investment. Statement of Financial Activities Unrestricted Designated Restricted Elldowment funds funds funds funds Total Prior year funds total funds Re¢elpts Donations and legacies Income from charitable activities Other trading activities Investments Other income Total income 7,169 10,942 8.150 540 6.569 33,371 150 7.319 10.942 8,150 2,716 6.569 35.696 6.856 9.164 8,150 2,511 1,601 575 1,601 72S 26.681 Payments Raising funds ExpendK(ure on charitable activities Other expenditure Totsl expenditure 106 37.017 7.586 29.536 106 37.094 7,586 29,613 78 32,333 500 31.833 78 Net income I lexpenditurel Te$ou¢S before transfer 3,83S 1.601 647 6,083 {5.1531 Transfers Gross transfers between funds- in Gross transfers between funds- out Other recognised gains I losses Gains I losses on investment assets Net movement in funds 159,803 1159.803) 36 3,871 36 6.119 137 15,0161 1.601 647 Total funds brought forward 19.439 79.901 30,777 130,117 135.133 Total funds carried forward 23.310 81.503 136.236 130.117 Represented by Unrestrieted General Fund 23,310 23.310 19.439 Designated John Marlow Legacy Designated Fund 81.503 81.503 79,901 Restricted Bell Ringers Choir Restricted Drop In Centre Flower Fund Hall Donations Needy In Parish Sunday School Tower Restoration Fund Totsl funds 1,784 377 6,918 53 20 75 203 21,994 31.424 1,784 377 6,918 53 20 75 203 21.994 136,236 1.748 372 6,818 75 199 21.565 130.117 18
Blakenall Heath Christ Church Year ended 31st December 2024 - excl share of St Aidan's and curate's house investment. Balance sheet Total funds Prior ear funds Fixed assets Investments 1,619 1.619 1,582 1,582 Current assets Debtors Cash at bank and in hand 939 136.540 137,480 512 139.244 139.756 Liabilities Creditors.. Amounts falling due in one year 2,862 2.862 11,221 11.221 Net current assets less current IlabllleS 134.618 128.535 Total assets less current liabilities 136,236 130,117 Total net assets less Ilabilities 136 236 130 117 Represented by Unrestricted General Fund 23,310 19,439 Designated John Marlow Legacy Designated Fund 81.503 79,901 Restricted Bell Ringers Needy In Parish Sunday School Tower Resloralion Fund Choir Restricted Drop In Centre Flower Fund Hall Donations 1,784 75 203 21.994 377 6,918 53 20 1,748 75 199 21.565 372 6.818 Funds ofthe church 136 236 130 117 19
Blakenall Heath S. Catherine with S. Chad, Beechdale Church Year ended 31 st December 2024 - excl share of St Aidan's and curate's house investment. Statement of Financial Activities Unrestricted Designated Restricted Endowment funds funds funds funds Total Prior year funds tot21 funds Recelpts Donations and lega¢ies Income from charitable activities other trading activities Total income 3,991 3,991 3.122 3,998 2,437 9.$58 3.991 3,991 Payments Expenditure on charitable activities Other expenditure Totsl gxpgnditure 9,653 1,789 7,864 9.653 1,789 7.864 9.565 9.565 Net income l {expenditure} resources before transfer 13,872) 13,872) 171 Other re¢ognised galns I losses Net movement in funds {3.8721 13.8721 17) Total funds brought forward 126,479) 126.4791 126,4721 Totsl funds carried fonvard 30.352 30,352 26.479 Represented by Unrestricted General Fund Total funds Carried for 30.352 30,352 30,352 30.352 26,479 26,479 Balance sheet Total funds Prior ear funds Current a$sets Cash al bank and in hand 336 336 834 834 Liabilities Creditors.. Amounts falling due in one ye8r 30.689 30,689 27,314 27,314 Net current assets less current liabilitlgs 130,3521 126.4791 Total assets less current Ilabilities 130.3521 126,4791 Totsl net assets less liabilities 26.479 Represented by Unrestricted General Fund {30.3521 {26,4791 Funds of the church 26.479 20